Developer Revives Nursing Home as Affordable Apartment Complex
Hartford News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
A Farmington developer, Metro Realty Group, has acquired a closed nursing home for $1.5 million, planning to transform it into a 62-unit apartment complex. The project, featuring 42% affordable housing, will include four 2-story and one 3-story buildings, with 14 units reserved for supportive housing. Financing will come from low-income housing tax credits, and construction is set to begin late this year, wrapping up in 14-18 months.
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