MassHousing Closes on $25M Financing for Deep Energy Retrofit Projects
MassHousing recently closed on a total of $25.4 million in financing, including $13 million from the Massachusetts Community Climate Bank at MassHousing (MCCB), to two affordable rental housing communities, Treehouse at Easthampton Meadow in Easthampton and the Brian J. Honan Apartments in Allston.
The transactions involve the first commitments of funding from the MCCB to affordable rental housing communities. Both properties will utilize the financing from MassHousing and the MCCB to launch deep energy retrofit projects.
The clean energy investments at Treehouse and the Brian J. Honan Apartments are the first in a new demonstration program at MassHousing and the Climate Bank. The demonstration program is designed to accelerate deep energy retrofits at affordable housing communities in Massachusetts.
“The deep energy retrofits at Treehouse at Easthampton Meadow and the Brian J. Honan Apartments demonstrate how clean energy and affordable housing investment work together, to create better outcomes for low-income residents and our climate,” said MassHousing CEO Chrystal Kornegay.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout