Tag: subsidizedhousing

Revere Mixed-Income Rental Housing Receives Financing

Revere Mixed-Income Rental Housing Receives Financing

| December 12, 2019

Boston – 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 in Revere. The MassHousing financing will allow The Neighborhood Developers to construct 51 units of new affordable housing for households across a broad range of incomes, including 19 new workforce […]

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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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