News & Events

BOSTON PRIVATE BANK CLOSES $2MM LOAN TO PROVIDE HOUSING FOR TEACHERS IN WEST VIRGINIA

by | Dec 21, 2019 | Affordable Housing, Community Development, News, News & Events, Projects

Congratulations to Boston Private Bank & Trust Company in closing a $2,000,000 loan for the benefit of Reconnecting McDowell, Inc. The proceeds of the loan will finance the construction of a 27,776 square foot mixed-use residential and office building including 16 affordable housing units at 9 Wyoming Street, Welch, West Virginia. These 16 units will provide housing for local public school teachers, allowing them to live in the communities they serve.