MassHousing Financing Will Help Create 94 New Age-Restricted, Affordable Apartments for Senior Citizens at Island Creek Village in Duxbury

MassHousing’s financing includes a $3.7 million permanent loan and $1 million from the Affordable Housing Trust Fund (AHTF), which MassHousing manages on behalf of the state Department of Housing and Community Development (DHCD). Island Creek Village North is being developed by Beacon Communities LLC of Boston and will be built adjacent to the existing 58-unit Island Creek Village East and the 48-unit Island Creek Village West that were financed by MassHousing in 1982