September
21
2020
ATTLEBORO -- The nonprofit Retirement Housing Foundation and The Schochet Companies have purchased and will preserve the affordability of Hillcrest Acres Apartments, a 100-unit of mixed-income development that was originally funded under a federal housing program known as Section 236. The development partnership acquired the property with an $8.4 million loan from the state's Community Development Economic Assistance Corp. and will seek further financing to stabilize and make repairs on the property.