MassHousing And Rockport Mortgage Corporation Provide $12.9 Million Loan For Bixby Brockton Apartments Upgrade

The Bixby Brockton Apartments, located at 100-106 Main St in Brockton, MA, has secured $12.9 million financing from MassHousing for extensive upgrades. This funding will contribute to improving the living conditions for the residents, resulting in enhanced quality of life.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $12,900,000
• Number of Units: 106
• Lender: MassHousing - Chrystal Kornegay & Rockport Mortgage Corporation
• Landlord: Affordable Housing & Services Collaborative - Michael Mattos

Chrystal Kornegay, representing MassHousing, and Rockport Mortgage Corporation played a key role in facilitating the financing for the Bixby Brockton Apartments. The Affordable Housing & Services Collaborative, led by Michael Mattos, is the landlord responsible for the property. The collaborative aims to provide affordable housing options to the community, ensuring residents have access to improved living conditions.