Congratulations to Silicon Valley Bank in closing a $7MM loan for the benefit of NHS Copley Gardens LLC, an affiliate of Neighborhood Housing Services of the South Shore, Inc. Silicon Valley Bank purchased tax exempt bonds from Massachusetts Development Finance Agency and made the proceeds from the sale of the bonds available to finance the lease of the land and the rehabilitation of Copley Gardens, located at 105-115 Market Street, Rockland, Massachusetts. Copley Gardens will provide 72 affordable housing units for residents in Rockland.
THE IPSWICH HOUSING AUTHORITY, IN A JOINT VENTURE WITH HARBORLIGHT COMMUNITY PARTNERS, INC., FINANCES THE RENOVATION OF AN FHA-INSURED MULTIFAMILY SUPPORTIVE AFFORDABLE HOUSING PROJECT FOR SENIORS AND FAMILIES IN IPSWICH
Congratulations to the Ipswich Housing Authority and Harborlight Community Partners, Inc. in closing the financing of Agawam Village, which will finance the renovation of a multifamily affordable housing project at 95 County Road a/k/a 2-52 Agawam Village in Ipswich....