Develop the currently vacant lot at 252-256 Main Street and build high-quality, affordable housing to area seniors.
Project in progress
01-24-2023
Project Category
Project Details
Housing Units
20
0
20
Acres
0
0
0
0
0
0
CPA Funding
$0
$100,000
$0
$0
$0
$100,000
$0
0
$0
Other Funding Sources Leveraged
$0
$0
$0
$0
$8,852,454
Permanent Loan ($ 2,556,473.00). 4% LIHTC Equity ($3,645,981.00). State Subordinate Debt ($ 2,000,000.00), Federal Home Loan Bank of Boston ( $ 650,000.00)
Total Project Cost
$8,952,454
$8,852,454
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