Affordability Extended for Senior Citizens Living at Solemar at South Dartmouth Through Refinancing of Property With $17.6 Million MassHousing Loan
August 17, 2017
August 17, 2017
BOSTON, Aug. 17 -- The Massachusetts Housing Finance Agency issued the following news:
MassHousing has provided $17.6 million in affordable housing financing to the Claremont Companies for the refinancing of the 200-unit Solemar at South Dartmouth. The refinancing of the mixed-income senior citizen community preserves the affordability of the property's 100 affordable units through 2034.
"This transaction provides a great outcome for the residents of Solemar at Sou . . .
MassHousing has provided $17.6 million in affordable housing financing to the Claremont Companies for the refinancing of the 200-unit Solemar at South Dartmouth. The refinancing of the mixed-income senior citizen community preserves the affordability of the property's 100 affordable units through 2034.
"This transaction provides a great outcome for the residents of Solemar at Sou . . .