From Connect Boston: Commercial Real Estate News:
Construction is underway on the renovation of Millers River Apartments, a 285-unit affordable housing community in Cambridge.
To complete the project, MassHousing provided $82 million in financing to the Cambridge Housing Authority (CHA), through the agency’s Conduit Loan Program. The transaction will enable the CHA to extend affordability for the life of the property.
Read Connect Boston's article "Renovation Begins of 285-Unit Affordable Housing Community in Cambridge," featuring the Cambridge Housing Authority.