Eastern Bank Provides $15.5 Million Affordable Housing Construction Loan For Causeway Development
Eastern Bankshares, Inc. (EBC)
Company Research
Source: Business Wire
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce $15.5 million in construction financing to Causeway Development for the conversion of a historic mill building at 142 Main Street in downtown Brockton. The project will provide 30 mixed-income housing units—10 market-rate, 15 affordable (up to 60% of the Area Median Income (AMI), and five Massachusetts Rental Voucher Program (MRVP) units (up to 30% AMI)—as well as three ground-level commercial spaces, including a community-oriented coffee shop.Causeway Development is a Massachusetts-based real estate advisor, investor and development company specializing in creating housing and community spaces where public purpose and private investment meet. The firm specializes in mixed-income and adaptive reuse projects that strengthen local economies and preserve the character of New England communities. The 142 Main Street redevelopment reflects Causeway’s commitment to restoring underutilized properties into lasting homes and vibr
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- 3/26/26 - Form SCHEDULE
- 3/26/26 - Form ARS
- 3/26/26 - Form DEF
- EBC's page on the SEC website