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A $5.8 million loan guarantee from MassHousing, the state's quasi-public housing agency, has been announced as part of the overall financing package for the Eagle Mill redevelopment in Lee.
Demolition of 200-year-old row houses fronting the abandoned Eagle Mill marks the start of a three-phase affordable and workforce housing complex, with phase one expected to be completed in 18
LEE — Abatement work at the Eagle Mill began in earnest on Monday, according to development partner Jeffrey Cohen. And after a few weeks, demolition work will begin.
Phase one includes abatement of materials throughout the site. It also includes demolition of the easternmost and westernmost sections of the mill structure and the vacant homes that line the
LEE â The Eagle Mill developer has landed an eight-figure sum in state financing that likely will jump-start the reuse of the former papermaking factory by yearâs end. The Massachusetts Department of Housing and Community Development has awarded Eagle Mill Redevelopment LLC $16 million in housing tax credits to finance the construction of 56 affordable and market-rate housing units in the historic Union Mill and Eagle Mill buildings. In all, the mixed-use project will have 122 apartments; the other 66 will be located in newly constructed buildings in the eastern portion of the downt...