MassHousing Provides $21M Financing For The Pointe At Hills Farm In Shrewsbury

MassHousing has provided $21 million in financing for The Pointe at Hills Farm, a 93-unit mixed-income housing project located at 526 Hartford Turnpike in Shrewsbury, Massachusetts. The property is situated just outside of Worcester in the Shrewsbury market.

Summary of transaction details:

• Property Type: Multifamily
• Number of Units: 93
• Loan Amount: $21,000,000
• Lender: Chrystal Kornegay - MassHousing
• Landlord: Gilbert Winn - WinnCos

Chrystal Kornegay, representing MassHousing, facilitated the $21 million financing deal for The Pointe at Hills Farm. Gilbert Winn, from WinnCos, serves as the landlord for the property, located in the Shrewsbury market. The project brings mixed-income housing options to the area, offering 93 units for residents.