Maloney has been our partner at Holyoke Farms Apartments since 2000. During our long partnership, they have been excellent and clear-eyed stewards of our community and our asset. Maloney has worked hard to maintain and improve our homes over the years, while also acting as Developer to redevelop and rehab Holyoke Farms in 2019. The refinancing plan developed by Maloney ensures the ongoing and future success of Holyoke Farms as a high quality and affordable housing resource for families in our City.
– Sonia Badillo
President, Whiting Farms Tenant Association

Experience the Maloney Difference

Socially Impactful Real Estate Development

Maloney Development LLC develops highly successful multi-family residential and mixed-use properties. We specialize in the planning, design, and execution of well-conceived, socially impactful real estate development ventures of significant complexity. From new construction to the optimization of underutilized real estate assets, our select partners and sponsors rely on Maloney’s expertise to navigate the complex landscape of agencies involved in economic community development initiatives. Find out what we can do for you.

Contact us

Experience the Maloney Difference

Socially Impactful Real Estate Development

Maloney Development LLC develops highly successful multi-family residential and mixed-use properties. We specialize in the planning, design, and execution of well-conceived, socially impactful real estate development ventures of significant complexity. From new construction to the optimization of underutilized real estate assets, our select partners and sponsors rely on Maloney’s expertise to navigate the complex landscape of agencies involved in economic community development initiatives. Find out what we can do for you.

Contact us

Maloney has been our partner at Holyoke Farms Apartments since 2000. During our long partnership, they have been excellent and clear-eyed stewards of our community and our asset. Maloney has worked hard to maintain and improve our homes over the years, while also acting as Developer to redevelop and rehab Holyoke Farms in 2019. The refinancing plan developed by Maloney ensures the ongoing and future success of Holyoke Farms as a high quality and affordable housing resource for families in our City.
– Sonia Badillo
President, Whiting Farms Tenant Association

In the News

Maloney Development Celebrates Start of Revitalization of Holyoke Farms

Maloney Properties, September 5, 2019 

Maloney Development celebrates the beginning of construction on the revitalization of Holyoke Farms, a large-scale mixed-income community in Holyoke, MA. In partnership with the Massachusetts Department of Housing and Community Development, the City of Holyoke, MassHousing, and Whiting Farms Tenant Association (WFTA), Maloney Development will preserve and enhance the community of Holyoke Farms.

MassHousing Provides $23M Affordable Housing Financing for Holyoke MF Property

Connect Boston, October 2, 2019

MassHousing has provided $22.7 million in affordable housing financing for the rehabilitation of the Holyoke Farms affordable housing community in Holyoke. The MassHousing financing will allow the borrower, Maloney Properties, to undertake substantial property renovations and construct 12 new apartments at the 229-unit development.

MassHousing Closes on $22.7 Million to Extend Affordability for 50 Years, Make Property Renovations…

MassHousing, September 25, 2019 – PDF

Maloney Properties will commence renovations this summer at the 229-unit Holyoke Farms, where 191 of the apartments will remain affordable to lower-income households for at least 50 years. “We are pleased that the residents of Holyoke Farms will have affordable homes long into the future,” said MassHousing Executive Director Chrystal Kornegay.

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