MassHousing Provides $9.6M Financing For The Aurora In Worcester

The Aurora is an 85-unit multifamily property located at 660 Main Street in Worcester, MA. The property is set to undergo renovations thanks to $9.6 million in affordable housing financing provided by Chrystal Kornegay of MassHousing for The Community Builders (TCB). Rachana Crowley of The Community Builders (TCB) serves as the landlord for this project.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,600,000
• Address: 660 Main Street
• Market: Worcester, MA
• Lender: Chrystal Kornegay - MassHousing
• Landlord: Rachana Crowley - The Community Builders (TCB)

Chrystal Kornegay, representing MassHousing, facilitated the $9.6 million loan for the renovation and maintenance of The Aurora, while Rachana Crowley, on behalf of The Community Builders (TCB), oversees the property as the landlord, ensuring the continued affordability of the 85-unit multifamily asset in downtown Worcester.