Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Oakwood Senior Estates

Oakwood Senior Estates

Project at a Glance:
Fall River
Development Type:
Rental,Senior Housing
MHIC Financing:
$3,960,000 in debt financing
SNE Management Inc.
Number of Units:

This 1996 project involved the new construction of 120 units of affordable rental housing for independent elderly residents. Four, 2-story buildings were built on 6.5 acres of vacant farmland in the Town of Swancea, a community between Providence Rhode Island and Fall River, Massachusetts.