MassHousing announced today that it has closed on $5.8 million in financing for 72 affordable apartments at the Maple Ridge Apartments, an apartment development in Tyngsboro.

Dakota Partners Inc. of Waltham developed Maple Ridge on the site of a vacant lot in Tyngsboro bordered by Longfellow Lane and Melville Drive. The 72 affordable, two-bedroom apartments are contained in three garden style three-story buildings, which have been completed and occupied. MassHousing will also provide financing for an additional 24 apartments at Maple Ridge.

The project also involves 124 single-family homes that have been built and sold but do not involve MassHousing financing.

"There is a great need for new affordable housing in Massachusetts and MassHousing is very pleased that its first investment in Tyngsboro was to help fund the new construction of 72 affordable apartments," said MassHousing Executive Director Thomas R. Gleason. "Considering that all of these apartments have already been rented shows how important it is to create and preserve affordable housing across the state."

The project architect was LaFreniere Architects of Cambridge and the management agent is WinnResidential of Boston.