Bedford Towers In Line For $10 Million In Repairs
A long time affordable housing development in New Bedford is now in line for repairs.
Rep. Antonio Cabral is announcing that Mass Housing is loaning $10.2 million to Peabody Management, the owners of Bedford Towers to repair and renovate more than 160 units.
Cabral tells WBSM News, in order to acquire the loan, the owners had to agree to a key stipulation….
The repairs include townhouse patio renovations, HVAC improvements, new windows and a new roof on one of the buildings.