UnitedIlluminating

Tag: lowincomehousing

Peabody Housing Community to Remain Affordable for Residents

Peabody Housing Community to Remain Affordable for Residents

| July 16, 2019

Boston – MassHousing has closed on $49.3 million in affordable housing financing to WinnCompanies to preserve affordability for lower-income households at The Tannery in Peabody. WinnCompanies purchased the 284-unit affordable housing community under Chapter 40T, preventing the conversion of affordable apartments to market rates and protecting the tenancies of dozens of low-income residents. The MassHousing financing […]

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North 116 Flats Housing Community in Development

| July 2, 2019

Sunderland, MA – Dallas, Texas-based Fountain Residential Partners, in a joint venture with HC2 Capital, announced the development of its first housing community in Massachusetts, North 116 Flats. Located at 653 Amherst Road in Sunderland, the property is located just north of the town of Amherst and the UMass Campus, and will provide 150 units […]

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Boston Nonprofit Raises $1M for Low-Income Housing

| February 12, 2019

Braintree, MA – Caritas Communities held its 33rd Annual Dinner at the Westin Waterfront on January 28, raising over $1,000,000 for permanent housing and supportive services for very low income residents in Greater Boston. Over 700 guests were in attendance to honor Rick High, president of John M. Corcoran and Co., with the P. Leo Corcoran […]

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