Rockland Trust Provides $32 Million Financing for Nantucket Affordable Housing Development

Reuters01-07

Rockland Trust Provides $32 Million Financing for Nantucket Affordable Housing Development

Independent Bank Corp.'s subsidiary, Rockland Trust, has provided $32 million in financing to support the development of the Ticcoma Green apartments in Nantucket. The financing, in partnership with HallKeen Management and Norton Point Development, will help construct 64 affordable and workforce housing units on nearly six acres at 6 Fairground Road. This collaborative effort involved support from the Town of Nantucket, the Commonwealth of Massachusetts, MassHousing, EOHLC, MHP, Stratford Capital, and others, aiming to address the island’s significant housing shortage.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Independent Bank Corp. published the original content used to generate this news brief on January 06, 2026, and is solely responsible for the information contained therein.

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