**Ticcoma Green Affordable Housing Project Secures $32 Million Financing**
Rockland Trust has partnered with HallKeen Management and Norton Point Development to provide $32 million in financing for the development of the Ticcoma Green apartment complex in Nantucket. The project, situated on nearly six acres at 6 Fairground Road, will consist of 64 affordable and workforce housing units upon completion.
“At Rockland Trust, we’re proud to support developments that expand access to affordable and workforce housing throughout our communities,” said Kelly Nguyen, Vice President and Commercial Banking Officer at Rockland Trust. “Projects like Ticcoma Green directly contribute to the long-term sustainability of our island communities.”
Expected to be completed in 2027, the development will include a variety of shared amenities, including dedicated parking, a bike shed, a picnic and grill area, EV charging stations, a playground, a community garden, extra storage, and an onsite management office.
The initiative comes as Nantucket continues to experience a severe housing shortage, driven by limited land availability and increasing construction costs. Ticcoma Green is part of a broader effort to address the island’s growing need for affordable housing solutions.
