Maryland-based Walker & Dunlop Inc. has provided more than $113 million in financing for 1,068 units in five Massachusetts cities. More than $72 million of the total financing was structured under the Department of Housing and Urban Development’s (HUD) 223(f) program for entirely affordable properties.

Ellen Kantrowitz, senior vice president, and Chris Rumul, vice president, led the team that structured the financing for Cobble Hill Apartments in Somerville and Millbrook Square Apartments in Arlington. Both properties are entirely affordable with project-based Section 8 contracts. Walker & Dunlop conducted an energy cost savings analysis for both properties and underwrote projected expense savings based on planned energy-efficient replacements.

Senior vice presidents Andy Gnazzo and Mike Darling, along with Rumul worked together to structure the 223(f) financing for the 384-unit Shrewsbury Commons in Shrewsbury.

"We have closed six transactions with Walker & Dunlop through HUD’s 223(f) program during the past 24 months and once again Walker & Dunlop delivered on time and as promised," Rick High, John M. Corcoran & Co. president, said in a statement.