NEW YORK: The seven hundred and eighty first entry for the seniors housing Global Awards for 2015 has been received.
Port Landing Tenant LLC, an affiliate of Cambridge-based developer Capstone Communities LLC, recently received a $4.9 million tax-exempt bond from MassDevelopment to build an affordable housing development in Cambridge.
The organisation will use the funds to build, furnish and equip a 31,100-square-foot, 20-unit affordable housing development on a vacant parcel near Kendall Square. The development, to be called Port Landing, will contain four one-bedroom units, 13 two-bedroom units and three three-bedroom units.
