FAIRHAVEN – Rockland Trust has provided a $10.5 million loan to SCG Development, which will revitalize the Oxford School Residences in Fairhaven.
The funds will include a commitment to both construction and permanent loan financing, according to the institution.
PBN Branded Content
ISO 9001:2026: A Practical Opportunity to Build for What’s Next
For Rhode Island manufacturers, ISO 9001 has been much more than a certificate on the…
Learn More
The redevelopment will go toward the creation of 54 affordable units of senior housing. The project is an adaptive reuse of an 1896 school house and mid-century addition. It was last used by the Fairhaven School Department in 2012.
Mary MacDonald is a staff writer for the PBN. Contact her at MacDonald@PBN.com.
- Advertisement -
