The Sun had an article today on the purchase of Louisburg Square which will be used for elderly housing. The town is purchasing the apartment building for $2.7 million which will come from Community Preservation funds and in turn the Dracut Housing Authority will pay $70,000 a year for 20 years.
The Sun also quotes Selectman Joe DiRicco who said the town is looking at recently repossessed property on Lakeview Ave. and considering turning that into elderly housing.
See the article here.
Sunday, June 28, 2009
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