State officials are backing a $24.2 million loan to an affordable housing development in Salem’s Northeast neighborhood that could be home to as many as 500 people within two years.
Developers broke ground Dec. 5 on the new complex at 891 23rd St. N.E. They say the funding will help pay for development and construction costs of the Gussie Belle Commons, the housing project by Home First Development and Green Light Development.
Read the full article here:
