Beacon Communities and the Salem Housing Authority to replace fifty obsolete state public housing units with one hundred and twenty-four units of affordable housing in a regenerative and climate resilient development.
Project in progress
05-26-2022
Project Category
Project Details
Housing Units
124
0
124
Acres
0
0
0
0
0
0
CPA Funding
$0
$200,000
$0
$0
$0
$200,000
$0
0
$0
Other Funding Sources Leveraged
$0
$0
$45,975,994
$0
$23,305,862
Debt, Low Income Housing Tax Credit Equity, State Low INcome Housing Tax Credit Equity, DHCD Soft Debt, MassSave PassiveHouse Rebate, Deferred Developer Fee
Total Project Cost
$69,481,856
$69,281,856
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