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Rockland Trust Provides $5.88 Million In Financing For Wrentham 40B Development

Apr 23, 2013 | Reprints | Unlock Link | Print

rocklandtrust Rockland Trust will lend $5.88 million to Eaglebrook Development LLC, a division of DiPlacido Development Corp., for the construction of Eagle Brook Village in Wrentham.

The new development, a decade in the making, will consist of 101 single family homes, including 28 affordable housing units and 36 age restricted units. DiPlacido Development Corp. expects to complete the first homes by this summer.

"Rockland Trust is dedicated to supporting projects in our communities that create both construction jobs and much needed affordable housing," Rose Buckley, first vice president and lending center manager at Rockland Trust, said in a statement.

Located off of Route 140 in Wrentham, Eagle Brook Village will feature moderately priced and affordable single family homes, as well as age restricted units for those 55 and older.

Banking & Lending