Developments > W. Concord Assisted Living
For this project, 7.8 acres of land adjacent to the Assabet and Nashoba Rivers were acquired in this suburban community to build a new, 78-unit assisted living facility. The acquisition for this project was financed by MHIC in 1999. The project will help fill the urgent need among the rapidly-growing population of low-income elderly for affordable, assisted living housing.
W. Concord Assisted Living
Project at a Glance:
Location:
Concord
Development Type:
Rental
MHIC Financing:
$2,222,000 in debt financing
Sponsor:
Volunteers of America
Number of Units:
78
For this project, 7.8 acres of land adjacent to the Assabet and Nashoba Rivers were acquired in this suburban community to build a new, 78-unit assisted living facility. The acquisition for this project was financed by MHIC in 1999. The project will help fill the urgent need among the rapidly-growing population of low-income elderly for affordable, assisted living housing.