Worcester Office-To-Apartment Project Gets Big State Funding Award

WORCESTER, MA — One of the state’s largest programs subsidizing market-rate apartment projects in so-called Gateway Cities will contribute millions to a planned 198-unit building in downtown Worcester. A $2.5 million Housing Development Incentive Award (HDIP) will help a developer convert the former Fallon Health building along Elm Street into apartments. Developer Synergy Investments proposed…

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