News & Events

METRO NORTH HOUSING CORP, IN COLLABORATION WITH BREAD OF LIFE, INC, FINANCES THE ACQUISITION AND FINANCING OF A MULTIFAMILY AFFORDABLE HOUSING PROJECT AND FOOD  PANTRY IN MALDEN

by | Nov 10, 2022 | Affordable Housing, Community Development, MultiFamily Housing, News & Events, Non-Profit Organizations

Congratulations to Metro North Housing Corp. in closing the financing of Unit 2 of the 54 Eastern Malden Condominium Trust, which will finance the construction of a multifamily affordable housing project at 54 Eastern Avenue in Malden. Through financing from Eastern Bank and several public lenders, Unit 2 of the Eastern Malden Condominium Trust will create 14 units of affordable housing for formerly homeless and extremely low income residents, while Bread of Life, Inc. will operate Unit 1 as a food pantry to combat food insecurity in the city of Malden.

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...