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Board approves $2.1M in eligible invoices for Marywood Motherhouse (Academy Manor) rehab
Summary
The authority approved $2,106,519 in eligible invoice costs and a current fiscal-year payment of $76,145.16 for the Marywood Motherhouse LLC redevelopment (Academy Manor), a historic senior affordable rehab of 108 units; developer said project is 70% leased with 97 affordable units.
The Brownfield Redevelopment Authority approved invoices documenting $2,106,519 in eligible costs and a current fiscal-year payment of $76,145.16 for the Marywood Motherhouse LLC redevelopment at 43 Lakeside Drive Northeast (Academy Manor).
Christian (BRA staff) presented the request and introduced Max…
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