NEW HAMPSHIRE HOUSING APPROVES $500,000 IN FUNDING FOR NEWPORT VILLAGE APARTMENTS
BEDFORD, N.H. – May 16, 2013 – (RealEstateRama) — New Hampshire Housing’s Board of Directors recently approved a $500,000 loan to support the renovation of Newport Village Apartments, a housing complex that offers affordable apartments for low-income families in Newport. The funding will mean the nine-building complex, which was originally built in 1982, can undergo significant renovations. The project is sponsored by the Caleb Group. The loan will be provided from federal HOME funds.