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How a $15.5M loan will turn a Brockton mill into homes
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Eastern Bank Provides $15.5 Million Affordable Housing Construction Loan For Causeway Development
BOSTON–(BUSINESS WIRE)–Eastern Bank is pleased to announce $15.5 million in construction financing to Causeway Development for the conversion of a historic mill building at 142 Main Street in downtown Brockton. The project will provide 30 mixed-income housing units—10 market-rate, 15 affordable (up to 60% of the Area Median Income (AMI), and five Massachusetts Rental Voucher Program (MRVP) units (up to 30% AMI)—as well as three ground-level comm…
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