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November 1, 2023

CEDAC Early-Stage Funding of $59 Million in FY23 Will Help Create or Preserve Affordable Housing Across the Commonwealth

“Oriol Drive Permanent Housing, Worcester: Using an acquisition loan from CEDAC, Worcester Community Housing Resources, Inc. (WCHR) acquired an existing hotel, located at 50 Oriol Drive in Worcester, and plans to convert the property into 90 permanent supportive housing units for formerly homeless households. Fifty-seven 1-bedroom and 33 studio units will be created.”

Read more via the Boston Real Estate Times.

Filed Under: News, WCHR

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