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MassHousing Provides Financing for Somerville Afordable Project

MassHousing and Just A Start recently closed on financing for 24 Webster Ave. in Union Square in Somerville, which will deliver 43 new, deeply affordable rental homes on the site of a vacant commercia

Summary

MassHousing and Just A Start recently closed on financing for 24 Webster Ave.

in Union Square in Somerville, which will deliver 43 new, deeply affordable rental homes on the site of a vacant commercial space.

MassHousing is providing $17.8 million in financing through the Agency’s Conduit Loan Program. TD Bank is additionally providing $22.8 million in construction financing. Just A... The post MassHousing Provides Financing for Somerville Afordable Project appeared first on Connect CRE

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