Winn Development Corporation
Loan Approved: October 30, 2020
The adaptive reuse of New Bedford's historic Cliftex Mill building to create 71 mixed-income apartments for seniors.
TYPE: Adaptive re-use
WHERE: 170 Riverside Ave., New Bedford
WHAT: Adaptive reuse of the historic Cliftex Mill into 71 mixed-income apartments for seniors
AFFORDABILITY: 56 one- and two-bedroom affordable units
MHP FINANCING: A $1.25 million permanent first mortgage loan