Press Releases

Construction Financing and Land Transfer Unlock the Transformation of 31 Elm Street in Springfield by WinnDevelopment and Opal Real Estate

The City of Springfield, MassHousing, MassMutual and MGM Springfield are providing a total of $48.5 million in funding, to advance a public-private redevelopment partnership Read More

MassHousing Closes on $38.5 Million for the Refinancing and Renovations at Two Brockton Affordable Housing Communities

Beacon Communities will complete approximately $10.7 million in combined property improvements at the 168-unit Pine Commons and the 120-unit Pine Gardens housing communities Read More

MassHousing Closes on $21.4 Million for the Refinancing and Extension of Affordability at the 103-Unit Wilkins Glen in Medfield

Beacon Communities will extend the affordability of 84 rental homes through 2052 Read More

MassHousing Closes on $15.2 Million for the Refinancing and Extension of Affordability at the 104-Unit Bridle Path Apartments in Randolph

Preservation of Affordable Housing (POAH) will extend affordability protections at the rental housing community for senior citizens for at least 32 years Read More

MassHousing Provides $205 Million in Financing to Refinance and Preserve Affordability at 10 Rental Housing Communities with More Than 900 Apartments for Lower-Income Senior Citizens and Families

Providence Realty Investment, LLC, used the MassHousing financing for its properties in Abington, Falmouth, Maynard, Needham, Norton, Reading, Sudbury, Sturbridge, Wellesley and Winchester Read More

MassHousing Provides $41.2 Million in Financing for New, 150-Unit Mixed-Income Housing Community for Families and Students in Sunderland

North 116 Flats was completed in 2020 and is owned by Landmark Properties, Inc. Read More

MassHousing Closes on $19.5 Million for the Refinancing and Extension of Affordability at the 151-Unit Valebrook Apartments in Lawrence

Valebrook Associates will preserve affordability at the rental housing community for senior citizens and families for at least 29 years Read More

MassHousing Awards $245,845 for Affordable Sober Housing to Support Men, Women, and Families in Five Communities

Funding will help create 22 new sober housing units and preserve an additional 45 units Read More

MassHousing Closes on $6.5 Million in Financing for the Development of Phase 3 of the Woodland Cove Affordable Rental Housing Community in Wareham

Dakota Partners, Inc. is developing Woodland Cove and Phase 3 will feature 24 new apartment homes, including 18 workforce housing units Read More

MassHousing Closes on $34.8 Million for the Refinancing, Renovation and Preservation of Affordability at the 192-Unit Woodlands at Abington Station

MassHousing has closed on $34.8 million in affordable housing financing to Beacon Communities LLC to refinance, renovate and preserve housing affordability at the 192-unit Woodlands at Abington Station in Abington. Read More