Home Real Estate $55M Holyoke Affordable Housing Project Break Ground 
Real Estate

$55M Holyoke Affordable Housing Project Break Ground 

Holyoke city officials, WinnDevelopment executives, and housing lenders commenced the groundbreaking for a $55.3 million transformation of the long-vacant Appleton Mill complex into Attain Downtown East, an 88-unit affordable senior housing project.  

Located in downtown Holyoke, Massachusetts, the historic mill complex will house seniors aged 55 and above in loft-style apartments with amenities, including a community building connected by a skybridge. The development aims to cater to low- and moderate-income seniors, providing residences at varying affordability levels.  

Federal, state, and private funding facilitated this project, with Bank of America, MassHousing, and Enterprise Bank playing key roles. This initiative is set for completion in 2025. 

Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Real Estate

Memphis Dermon Building Converting to 150-Room Hotel

The Dermon Building in Memphis was built 99 years ago, designed as...

Real Estate

Developer Duo Secures $120M Refi for Charleston Harbor Rental Community

Woodfield Investments and Argosy Real Estate Partners have secured $120 million to...

Real Estate

Bonita Springs Site for 252-Unit Apartment Community

Madison Communities and Heitman have closed a $44 million construction loan for...

Real Estate

$21.5M Loan for Tacoma Apartments Secured by Berkadia

Berkadia has secured financing for the acquisition of The Duo Apartments, a...