The fund was launched by the Conservation Law Foundation and the Massachusetts Housing Investment Corp. and was created to finance mixed-use developments near public transit. The fund helps support healthier communities by providing retail, housing and social services within the developments, according to a July 12 news release.
This round of developments are set for Brockton, Dorchester and Hamilton, Mass. The funding will help finance 102 mixed-income homes and 1,000 homes in total.
