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Developer receives $7.53M loan for work on 20-unit apartment building in Hicksville
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Developer receives $7.53M loan for work on 20-unit apartment building in Hicksville
The Community Preservation Corporation, an affordable housing and community revitalization finance company, announced the closing of a $7.53 million construction loan to Premerio Cherry LLC on Tuesday, Dec. 9, for the development of a new 3-story building located at 33-37 West Cherry St. as part of downtown Hicksville's revitalization. The fully electric building will feature 20 units and is expected to encompass 21,349 square feet of residentia…
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