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BOSTON, August 16, 2023 Eastern Bank is pleased to announce its financing for the development of the LeClair Village Apartments, in Mashpee, MA. Scheduled to open in 2025, LeClair Village will feature 39 affordable rental units designed to serve low- and moderate-income households, including 14 one-bedroom apartments, 21 two-bedroom units, and 4 three-bedroom apartments. Eastern is providing a construction loan for the build-out of the Village, permanent financing for the ongoing operations of
At a May ceremony, the Eastern Bank Foundation recognized Yun-Ju Choi, the executive director of Coalition for a Better Acre, with a 2023 Community Advocacy Award, as well as an award grant for her organization’s role in creating affordable housing in Lowell, Dracut and Haverhill.