Multi Residential

Bond Issued for Two Rental Facilities

MassDevelopment has issued a $6.62 million tax-exempt bond on behalf of Kenquad Limited Partnership, a real estate entity managed by HAPHousing, a nonprofit developer of affordable housing in Western Mass, that will use the proceeds to buy and renovate two rental housing facilities in Springfield.

The facilities, known as Kenwyn Park Apartments and Quadrangle Court Apartments, contain 60 residential housing units in three buildings.

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