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MassHousing Provides $50M in Financing for Affordable Housing Redevelopment in Brockton, Massachusetts

Summary by REBusinessOnline
BROCKTON, MASS. — MassHousing has provided $50 million in financing for an affordable housing redevelopment project in Brockton, a southern suburb of Boston. The financing consists of $28.2 million in permanent debt, $20.7 million in tax credit bridge financing and $1 million in Capital Magnet Fund financing. Santander Bank is financing construction. The property in question is Campello Apartments, a distressed public housing project that was or…
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REBusinessOnline broke the news on Friday, May 1, 2026.
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