Tag: MassHousing

MassHousing (The Massachusetts Housing Finance Agency) is an independent, quasi-public agency created in 1966 and charged with providing financing for affordable housing in Massachusetts. The Agency raises capital by selling bonds and lends the proceeds to low- and moderate-income homebuyers and homeowners, and to developers who build or preserve affordable and/or mixed-income rental housing. MassHousing does not use taxpayer dollars to sustain its operations, although it administers some publicly funded programs on behalf of the Commonwealth. Since its inception, MassHousing has provided more than $24.3 billion for affordable housing.

Powdermill Village

MassHousing closes on $26.4 million in financing for the refinancing and substantial renovation of...

MassHousing has closed on $26.4 million in affordable housing financing to the non-profit Affordable Housing and Services Collaborative, Inc., to support the refinancing and...
Blue Mountain Apartments

MassHousing closes $64.7 million in financing for the acquisition, rehabilitation and long-term preservation of...

MassHousing has closed on a total of $64.7 million in affordable housing financing to the non-profit NHP Foundation for the acquisition, rehabilitation and preservation of the historic, 217-unit, Blue Mountain Apartments in Roxbury. As a result of...
Mountain View Terrace

Affordability extended for lower-income  senior citizens and families at Stoneham Housing Community as a...

MassHousing  has provided $32.7  million in  affordable housing financing to  an affiliate of Atlantic Tambone Management, LLC to  preserve and  extend the affordability  for lower-income  senior citizens and...
Casselman House Newton

Affordability extended  for  lower-income  senior citizens at Newton Housing Community as a result of...

MassHousing  has provided $8.1  million in  affordable housing financing to  the non-profit Newton Community Development Foundation (NCDF), to  preserve an d extend the affordability  for lower-income senior citizens for at...
Bedford Towers, New Bedford

Affordability extended for lower-income households at new Bedford housing community as a result of...

MassHousing  has provided $19.9  million in  affordable housing financing to  Kempton New Bedford Limited Partnership to  preserve and  extend the affordability  for lower-income households for at...
Hamilton Canal District Parcels 8 and 9, Lowell

MassHousing closes on $25.2 million in financing for new, mixed-income and workforce housing community...

MassHousing has closed on a total of $25.2 million in affordable housing financing to WinnCompanies for the development of 125 new rental homes in downtown Lowell. The MassHousing financing will allow WinnCompanies to advance the redevelopment of Lowell’s...
Cote Village, Mattapan

MassHousing closes on $22.6 million in financing to create a new, 76-unit affordable housing...

MassHousing has closed on a total of $22.6 million in affordable housing financing to the Planning Office for Urban Affairs (POUA) and Caribbean Integration Community Development (CICD) for the construction of the 76-unit Cote Village housing...
Fort Hill Gardens

MassHousing closes on $25.25 million in financing to extend affordability on 82 housing units...

MassHousing has closed on $25.25 million in affordable housing financing to an affiliate of  Vitus, for the preservation and rehabilitation of 82 affordable housing units in Roxbury. Vitus will utilize the MassHousing financing to combine...
Granite Lena Park, Boston

MassHousing closes $25.6 million in financing for the renovation and extension of affordability at...

MassHousing has closed on $25.6 million in affordable housing financing to the Lena Park Community Development Corporation for the renovation and extension of affordability for lower-income residents at the 143-unit Granite Lena Park in Dorchester.   Granite Lena...
Merrimack Valley Apartments

Affordability extended  for  lower-income  senior citizens  at  Methuen Housing Community as a result of...

MassHousing  has provided $7.9  million in  affordable housing financing to  the non-profit Community Teamwork, Inc. (CTI) to  preserve affordability  for lower-income senior citizens at the 60-unit Merrimack Valley...
35 Village Hill Road, Northampton

MassHousing closes on $2.8 million in financing for new workforce housing in Northampton

MassHousing has closed on $2.8 million in affordable workforce housing financing to The Community Builders for the ongoing construction of the 12-unit 35 Village...
28 Austin Street

MassHousing completes workforce housing financing for new, 68-unit housing community in Newton

MassHousing has closed on $1.3 million in affordable workforce housing financing to Austin Street Partners LLC, for the new, 68-unit 28 Austin Street in Newton, which offers 23...
Colonial Village, Weymouth

MassHousing provides $9.9 million in financing for the acquisition, renovation and preservation of affordability...

MassHousing has closed on $9.9 million in affordable housing financing to an affiliate of Pennant Housing Group for the acquisition, renovation and preservation of...
Sycamore on Main in Brockton

Construction is underway at Sycamore on Main in Brockton as MassHousing closes $4.7 million...

Construction is underway at Sycamore on Main in Brockton, as MassHousing has closed on $4.7 million in financing to an affiliate of NeighborWorks Housing...
571 Revere Street, Revere

MassHousing commits $7.9 million in financing for new, 51-unit mixed-income rental housing community in...

MassHousing has committed $7.9 million in affordable housing financing to the non-profit The Neighborhood Developers (TND) for the construction of the 571 Revere Street...

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