Celebrating the Grand Opening of The Myrtlewood in Springfield, Oregon
Congratulations to St. Vincent De Paul Society of Lane County (SVDP) on the recent grand opening of The Myrtlewood in Springfield, Oregon. The development created 35 affordable homes for families, including eight of which were set aside for those with developmental disabilities. St. Vincent De Paul Society of Lane County will provide services including computer classes, health screenings and support groups to disabled residents. In addition to being a certified green, the building is close to downtown Springfield, with excellent access to restaurants, retail, and transportation.
Wells Fargo provided $4.56 million in construction financing. Permanent Financing included a $600,000 HOME loan. Enterprise was pleased to provide $6.45 million of equity.