MassHousing announced it has closed on approximately $19 million in affordable and workforce housing financing to Trinity Financial, Inc., which is developing the 111-unit Phase Two of the Enterprise Center in downtown Brockton, MA, for residents with a wide range of incomes.
MassHousing said the financing will allow Trinity Financial to complete the redevelopment of the Enterprise Block and deliver a total of 224 new rental homes to Brockton’s downtown. The project’s first phase opened in 2015.
“The continued redevelopment of the Enterprise Block will provide dozens of new households with quality housing and economic opportunities in downtown Brockton, just steps from a regional transit hub,” MassHousing Executive Director Chrystal Kornegay said in the announcement. “Trinity Financials’ Enterprise Center project has revitalized an important and historic part of Brockton, and MassHousing was pleased to join our city, state and private-sector partners in supporting this transformative project.”
