Rockland Trust Provided $10 Million to Dakota Partners Inc. for Affordable Housing Project in Scituate
Scituate, MA- March 8, 2021-Rockland Trust provided $10MM in financing facilities to Dakota Partners for the development of Stockbridge Landing in Scituate. Stockbridge Landing is a new condominium development comprised of 68 two-bedroom townhouse-style units. Out of the 68 units, 51 units will be sold at the market-rate, and seventeen will be entered into the affordable housing (40B) lottery for workforce families. Rockland Trust is ecstatic to be working with Dakota Partners in bringing more affordable housing options to the South Shore, said Keith Dubois, Commercial Lender at Rockland Trust. This project has been in the works for many years, and it has been such a pleasure working alongside Roberto s team and seeing it come to fruition.