News & Events

GROUNDBREAKING CEREMONY FOR SQUIRRELWOOD APARTMENTS

by | May 9, 2019 | Affordable Housing, News, News & Events, Non-Profit Organizations, Projects

Congratulations to Just-A-Start on the ceremonial groundbreaking for Squirrelwood Apartments, which will provide a total of 78 affordable residential units at 40 and 54 Market Street, 200, 204, 210 Columbia Street, 261-263, 265, 267, and 269 Broadway, 1-6 Linwood Place, 8-12 and 17 Boardman Street, Cambridge, Massachusetts. On May 16, 2019, Massachusetts Housing Partnership Fund Board, a Massachusetts public instrumentality and body politic and corporate, acting for itself and as agent for the following lenders: The Commonwealth of Massachusetts, acting by and through the Department of Housing and Community Development under the Housing Stabilization and Investment Trust Fund Statute, M.G.L. c. 121F; The Commonwealth of Massachusetts, acting by and through the Department of Housing and Community Development under the Capital Improvement and Preservation Trust Fund Statute M.G.L. c. 121G; and Community Economic Development Assistance Corporation provided loans in the aggregate amount of $5,827,176.00 to support the development of the project. 

Through the rehabilitation of the existing Squirrel Brand and Linwood Court buildings, the new Squirrelwood Apartments will provide affordable housing to the residents of Cambridge.

GROUNDBREAKING CEREMONY FOR HAYWOOD HOUSE

Congratulations to the Newton Housing Authority on the ceremonial groundbreaking for Haywood House, a 55-unit affordable residential building for seniors at 111 JFK Circle Newton, Massachusetts. On April 27, 2021, the following lenders provided loans in the aggregate...

MARION VILLAGE ESTATES REFINANCES FHA-INSURED AFFORDABLE HOUSING

Congratulations to Marion Village Estates LLC in closing a $3,832,200.00 loan from ORIX Real Estate Capital, LLC in order to refinance the property at Front Street in Marion, Massachusetts. Marion Village Estates provides 60 units of affordable rental housing to the...

GROUNDBREAKING CEREMONY FOR DRACUT CENTRE SCHOOL

Congratulations to Coalition for a Better Acre, Inc. on the ceremonial groundbreaking for Dracut Centre School, a new 9-unit affordable residential building in the historic school building at 11 Spring Park Avenue, Dracut, Massachusetts. On April 15, 2021, Coalition...

EASTERN BANK CLOSES TAX EXEMPT MULTIFAMILY HOUSING BOND FINANCING

Congratulations to Eastern Bank in closing a $10.5MM loan for the benefit of Cabot Housing LLC, an affiliate of the Young Men’s Christian Association of the North Shore, Inc. Eastern Bank purchased tax exempt bonds from Massachusetts Development Finance Agency and...