(Read more on the multifamily market.)
NEW ROCHELLE, NY-The New Rochelle Neighborhood RevitalizationCorp. held a ribbon cutting here last week for a portion of itsplanned $40-million affordable housing development. The project isthe largest affordable housing venture developed in WestchesterCounty.
The first phase--the $10-million Town Houses at West Enddevelopment of 25 new single-family townhomes--is complete. A102-unit affordable senior housing project is underconstruction.
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