Chestnut Hill Realty held a ribbon-cutting and grand opening ceremony of the first phase of 175 units created under Chapter 40B on July 13. MassDevelopment was the subsidizing agency for the development and provided the tax-exempt and taxable bonds to help finance the new housing community.
The project, known as Residences of South Brookline at Hancock Village, are the first brand-new rental townhomes built at Hancock Village since the 1940s.