Sponsor: Minerva Manager Inc. & Planning Office for Urban Affairs
Loan Approved: June 17, 2019
Also known as Robert Hill Way, this initial phase consists of a 3-story building with 64 one-bedroom units for seniors 62 years of age and older, all of which shall be affordable to households earning at or below 60% AMI in Ashland.
TYPE: New construction.
WHERE: Off of Independence Lane, Ashland.
WHAT: Construction of 64 one-bedroom apartments for seniors.
AFFORDABILITY: All units affordable to households earning at or below 60% AMI.
MHP FINANCING: $2.6 million loan.