Green Multi Residential

Financing Awarded for Affordable Housing

Woodland Cove

Wareham, MA – Dakota Partners has been awarded state and federal financing for Woodland Cove, a new affordable housing community in Wareham.

Financing for this project has been secured through a combination of state and federal low-income housing tax credits (LIHTC), Mass. State Housing subsidy funds, and conventional debt through commercial lenders. The architect on the project is RA Schaefer & DM White Architects, and the current property owner is Boston Land Group. Construction is anticipated to start in May 2021.

Located on a busy commercial strip near the Bourne Bridge, Woodland Cove will be comprised of five buildings that will be built in three phases. The first and second will consist of 63 units each, and the third phase will add 24 more units.

Woodland Cove will be made up of 150 one-, two-, and three-bedroom units. Phase 3 of the project will also include the construction of a community building that will feature a fitness center, community room, patio, lobby, package room, storage room, four offices, two restrooms, and a maintenance room.

Construction will include the demolition of the existing Starlight Motel to make way for quality, permanent housing for people of varying means.

All of the buildings will be constructed using Passive House design and each individual unit will contain Energy Star appliances to ensure high energy efficiency year round.

Take advantage of High-Profile’s current subscription rates now, by signing up for a monthly or annual subscription!

Learn More!