Metro West Collaborative Development
Loan Approved: May 6, 2022
Loan Approved: May 6, 2022
MHP is providing a $4.78 million permanent loan from its bank-funded loan pool. Glen Brook Way Senior Apartments is co-located with Metro West CD’s recently completed Glen Brook Way Family Apartments property, which together create a 92-unit intergenerational campus
TYPE: New Construction
WHERE: 3 West St., Medway
WHAT: New construction of 44 apartments for seniors aged 62+
AFFORDABILITY: All affordable at or below 60% AMI
MHP FINANCING: A $4.78 million permanent first mortgage loan
RENTAL INFORMATION: Glen Brook Way Senior Apartments on Housing Navigator