MassHousing executive director Thomas R. Gleason emphasizes that the loan makes it possible for low- and moderate-income first-time home buyers in Fall River to achieve home ownership.
Gage Hill is being developed by Generation 2000 Development Corp. Neil T. Melker, president of the company credits MassHousing for its commitment to finance the construction of the project as well as "Mayor Lambert and the city departments we worked with for supporting and understanding the need to create housing that is upscale, built in a desirable location, and is affordable for people who live in Fall River."
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