Hampton Manor of Macomb
C-PACE AMOUNT
$5.5M
Property Type
Senior Living
Project Type
New Construction
STATE
Michigan
Hampton Manor of Macomb
Property Description
Hampton Manor of macomb is a 78-unit assisted and memory care facility. The PACE loans will be used to finance conservation measures including high-efficiency HVAC and ENERGY STAR windows.
Loan Usage
The C-PACE loan was a part of the project's total expected cost of $19.4M, and was utilized to cover energy efficiency and renewable energy measures that are expected to save $647,779 annually in the payback period of 9 years.
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