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0 0.00052422279998508 0.0023775357292256 0.00290705370900869 -0.00185860810903834 -5.29517979781769E-06 -0.00159384911914689 0.00052422279998508
Stock impact report

Eastern Bank Provides Financing For 775 Huntington Avenue, A Mixed-Income Residential Development In Boston’s Mission Hill Neighborhood

Eastern Bankshares, Inc. (EBC) 
Company Research Source: Business Wire
The 13-story development will create 57 affordable rental units and 55 mixed-income homeownership units for households in Mission Hill BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce financing for 775 Huntington Avenue, a new mixed-income residential development located in the Mission Hill neighborhood of Boston. Sponsored by Roxbury Tenants of Harvard (RTH), the project will create 55 mixed-income homeownership units, comprised of 27 affordable homes and 28 market-rate homes, and 57 affordable rental units within a new 13-story building that also includes commercial space and structured parking. Eastern is serving as the lead lender, providing a $68.6 million construction financing package supporting both the rental and homeownership components.RTH is a long-standing, resident-controlled nonprofit in Mission Hill providing more than 1,000 housing units as well as extensive resident services, including food programs, fitness and wellness offerings, youth programs, and Show less Read more
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