Real Estate

RE Company Receives LEAN Funding

Braintree, MA – Peabody Properties has reached a milestone of $27 million in funding for its affordable housing portfolio through the Massachusetts LEAN Multifamily Program.

LEAN is the statewide network of local Community Action Agencies which provide energy efficiency and other energy services at no cost to income eligible clients. The LEAN Program is tailored to deliver complete, cost-effective gas and electric efficiency measures for affordable housing across Massachusetts.

Working in collaboration with ACTION Inc. and ABCD Action Energy Services , numerous Peabody Properties’ communities  have received electrical and gas upgrades over the course of the last two years, resulting in cost savings, increased energy efficiency and added comfort to residents.