Financing Completed for 114-Unit Energy Efficient and Transit-Oriented Development The Westcott in Swampscott Near Commuter Rail Station
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6 Articles
Financing Completed for 114-Unit Energy Efficient and Transit-Oriented Development The Westcott in Swampscott Near Commuter Rail Station
MassHousing has closed on the final financing for the 114-unit The Westcott in Swampscott, which was developed by WinnCompanies on a former industrial site following approval by the Town of Swampscott through Chapter 40B. The mixed-income community opened in July 2025 and is a highly energy efficient and transit-oriented development a quarter mile from the […]
Financing Completed for 114-Unit The Westcott in Swampscott
SWAMPSCOTT, Mass. — The transformation of a former industrial property in Swampscott into a 114-unit, energy-efficient housing community has reached another milestone with the completion of permanent financing for The Westcott. […]
MassHousing Closes on Financing for Swampscott Affordable Development
MassHousing has closed on the final financing for the 114-unit The Westcott in Swampscott, developed by WinnCompanies on a former industrial site following approval by the Town of Swampscott. The $14 million in permanent financing was the final financing piece of the $69.1-million development, which was completed with two transactions involving 4% and 9% Low Income Housing Tax ...
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