State Tax Credits Secured For Pennrose Development
By: Ryan Bray
ORLEANS — Low-income housing tax credits have been awarded to the Pennrose housing development planned for the site of the former Cape Cod Five headquarters on West Road. The project is one of 26 across 16 towns statewide to receive financing through the tax credits, the Baker-Polito Administration announced July 26. In total, $50 million in direct funding and $89 million in tax credits are being allocated acr...