Corporation for Independent Living Secures $28.6M to Expand Disability Housing
The Corporation for Independent Living (CIL) has secured $20.1 million in financing from Rockland Trust to support the development and customized construction of 15 group homes across Massachusetts. These homes are designed to care for individuals with intellectual and developmental disabilities or acquired brain injuries. Each group home will accommodate either four or six residents, providing safe and supportive community-based living environments.
In addition to this initial funding, CIL has obtained an additional $8.5 million in financing from Rockland Trust. This funding will be used to acquire, renovate, and construct community-based homes in partnership with nonprofit service providers. Unlike the Massachusetts-focused group home initiative, this additional financing allows CIL to develop similar projects across the continental United States.
“CIL is helping to create more housing opportunities for vulnerable individuals during a time of significant need,” said David Semenza, Commercial Banking Officer at Rockland Trust. “This is more than just a loan. It is a commitment to building stronger, more inclusive communities for all of our neighbors. We are grateful for this opportunity and proud to support CIL’s mission.”
This financing represents a significant step toward improving access to housing for individuals with disabilities, reinforcing the commitment of both CIL and Rockland Trust to community development and social impact.
