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Montgomery marks opening of Magnolia Trace senior apartments funded partly by city
Summary
Mayor Reed announced the ribbon-cutting for Magnolia Trace Apartments, a 56-unit affordable housing development for residents 55 and older, and said the city provided a $721,000 investment that helped leverage more than $14 million in additional funding.
Mayor Reed announced the city helped finance and celebrated the ribbon-cutting for Magnolia Trace Apartments, a 56-unit affordable housing development for Montgomery residents 55 and older. "Today, we cut the ribbon on the new Magnolia Trace Apartments," the mayor said during his message to the council.
The project, located in East Montgomery, offers a clubhouse, covered picnic tables, a fitness center and a gazebo…
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