MassDevelopment and BankFive Finance $11M Hyannis Housing
MassDevelopment and BankFive have provided an $11 million loan to a development team planning 45 mixed-income apartments in Hyannis.
MassDevelopment and BankFive have provided an $11 million loan to a development team planning 45 mixed-income apartments in Hyannis.
Hungry for housing production, public officials are eyeing the massive, mostly state-owned Joint Base Cape Cod, which includes parts of the towns of Bourne, Falmouth, Mashpee and Sandwich.
The latest in a series of attempts to develop affordable housing on a Sandwich property for over a decade is back before town officials with a proposal that would create 144 mixed-income units.