April 09, 2024
CHELSEA, Mass. – MassDevelopment has issued a $24.5 million tax-exempt bond on behalf of TND 170 Cottage LLC, an affiliate of The Neighborhood Developers, Inc., which will use proceeds to buy a parcel at 170 Cottage Street in Chelsea where it will build a new 66-unit affordable rental housing facility. Read More>
March 21, 2024
NEW BEDFORD, Mass. – MassDevelopment has issued a $17 million tax-exempt bond on behalf of Wamsutta Preservation LLC, an affiliate of HallKeen Management, Inc., which is using proceeds to renovate and preserve the historic Wamsutta Apartments, a 144-unit affordable multifamily rental housing complex in New Bedford’s Acushnet Heights Historic District. Read More>
March 06, 2024
BROOKLINE, Mass. – MassDevelopment has issued a $39.9 million tax-exempt bond on behalf of 32 Marion Apartments LLC, an affiliate of Brookline Housing Authority, which will use proceeds to build 115 units of affordable housing for seniors and individuals with disabilities in Brookline’s Coolidge Corner neighborhood. Read More>