MassDevelopment: $57M to Revamp Historic Care Centers
November 18, 2021
November 18, 2021
BOSTON, Massachusetts, Nov. 18 -- MassDevelopment issued the following news release:
MassDevelopment has issued a $56,730,000 tax-exempt bond on behalf of Ascentria Care Alliance, Inc., a nonprofit human service agency that will use bond proceeds to buy and renovate the Lutheran Rehabilitation and Skilled Care Center in Worcester and to renovate the Quaboag Rehabilitation and Skilled Care Center in West Brookfield, which it already owns. Renovations at the historic 150-bed Lutheran . . .
MassDevelopment has issued a $56,730,000 tax-exempt bond on behalf of Ascentria Care Alliance, Inc., a nonprofit human service agency that will use bond proceeds to buy and renovate the Lutheran Rehabilitation and Skilled Care Center in Worcester and to renovate the Quaboag Rehabilitation and Skilled Care Center in West Brookfield, which it already owns. Renovations at the historic 150-bed Lutheran . . .