Subscription Line of Credit for Healthy Neighborhoods Equity Fund
Pierce Atwood represented Massachusetts Housing Investment Corporation (MHIC) in connection with a $20 million subscription line of credit from Rockland Trust Company for the Healthy Neighborhoods Equity Fund II Limited Partnership. The fund was launched by MHIC and Conservation Law Foundation (CLF) to finance inclusive mixed-use developments near public transportation that offer retail, housing, and social services to support healthier communities.