News & Events

GROUNDBREAKING CEREMONY FOR HAYWOOD HOUSE

by | Sep 9, 2021 | Affordable Housing, News, News & Events, Projects

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 amount of $7,840,900.00 to support the development of the project: the Commonwealth of Massachusetts acting by and through the Department of Housing and Community Development, 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 Affordable Housing Trust Fund Statute, M.G.L. c.121D, by the Massachusetts Housing Finance Agency, as administrator; Massachusetts Housing Partnership Fund Board, as agent for 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; Community Economic Development Assistance Corporation; the Newton Community Development Authority, an agency organized and existing pursuant to Chapter 705 of the Acts of 1975, and Chapter 121B of the General Laws of The Commonwealth of Massachusetts, as amended, acting by and through its Sole Member and/or designated staff but without personal liability to the Sole Member and/or the staff; and the City of Newton, a municipal corporation organized and existing under the laws of The Commonwealth of Massachusetts, acting by and through the Director of Planning & Development. 

Haywood House will provide 55 units of affordable housing to seniors in the City of Newton.

BOSTON PRIVATE BANK CLOSES TAX EXEMPT BOND FINANCING

Congratulations to Boston Private Bank & Trust Company for closing a $12,000,000 loan for the benefit of Friends of Excel Academy Charter Schools, Inc. Boston Private purchased tax exempt bonds from Massachusetts Development Finance Agency and made the proceeds from...

GROUNDBREAKING CEREMONY FOR SQUIRRELWOOD APARTMENTS

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...

RIBBON CUTTING CEREMONY FOR RESIDENCES AT FAIRMOUNT STATION

Congratulations to Traggorth Companies LLC on the ceremonial ribbon cutting for Residences at Fairmount Station, a new 27-unit affordable residential building adjacent to the Fairmount Commuter Rail Station at 11 Nott Street, Hyde Park, Massachusetts. On July 21,...

REBA HOSTS OPPORTUNITY ZONE PROGRAM FORUM

On October 24, 2018, the Real Estate Bar Association (REBA) Affordable Housing Section hosted a brownbag lunch forum to discuss the new Opportunity Zone Program. Co-Chairs Kurt James of KJP and Josiah Madar of MassHousing moderated a panel discussion on the...

REBA HOSTS 40B HOUSING APPEALS COMMITTEE FORUM

On May 23, 2018, the Real Estate Bar Association (REBA) Affordable Housing Section hosted a brownbag lunch forum to discuss recent 40B Housing Appeals Committee (HAC) and court decisions. Co-Chairs Kurt James of KJP and Carol McIver of MassHousing moderated a panel...