MassHousing Closes $14.5M Financing Deal For Farnsworth House In Boston

The Charles H. Farnsworth Senior Housing Corporation has secured a $14.5 million affordable housing financing deal with MassHousing for the Farnsworth House, a senior housing property located at 90 South Street in Jamaica Plain, MA. This property consists of 76 units specifically designed for older adults.

Summary of transaction details

• Property Type: Senior Housing
• Transaction Amount: $14,500,000
• Address: 90 South Street, Jamaica Plain, MA
• Market: Jamaica Plain, MA
• Lender: Chrystal Kornegay - MassHousing
• Landlord: Peter Fenn - Charles H. Farnsworth Senior Housing Corporation

MassHousing, represented by Chrystal Kornegay, facilitated the closing of this financing deal for the Farnsworth House. The Charles H. Farnsworth Senior Housing Corporation, under the leadership of Peter Fenn, owns and develops this senior housing property to cater to the needs of older adults in Boston. This transaction signifies the commitment to providing affordable housing options and addressing the housing needs of the aging population.