Multifamily Programs
The Massachusetts Community Climate Bank™ is currently developing demonstration programs that support the decarbonization of affordable and mixed-income rental properties in the Commonwealth.
Below is a sampling of projects financed by MassHousing that reflect the goals and potential of MCCB rental financing programs. For more information about MassHousing's financing options for rental housing owners and developers, please visit masshousing.com/developers.
Case Studies
25 6th Street, Chelsea
A new 62-unit rental and homeownership development, built to meet Passive House standards, received $10.4M in MassHousing financing.
Castle Square, Boston (South End)
A MassHousing-financed deep energy retrofit at this 500-unit community resulted in a 50% reduction in energy usage and LEED Platinum certification.
Rivermark, Cambridge
MassHousing provided $87.2M in financing to support extensive renovations of this 300-unit rental development.
Treehouse at Easthampton Meadow, Easthampton
The owner is exploring a deep energy retrofit that will fully electrify the property and eliminate the use of fossil fuels on site.
Powdermill Village, Westfield
$14.5M in MassHousing financing will support a variety of improvements at this 12-building, 248-unit community.
Stone Mill, Lawrence
This adaptive reuse project, the first all-electric mill conversion in Massachusetts, will result in the creation of 86 new units of housing.
