Co-sponsors: Traggorth & Civico
Loan Approved: December 19, 2018
MHP is using its bank-funded loan pool to provide a $7.1M loan in a $14.2 perm loan participation with Property Casualty Initiative.
TYPE: New
WHERE: 24 Gould St., Reading.
WHAT: New construction of 55 mixed-income apartments near train station.
AFFORDABILITY: 14 apartments affordable at or below 80% AMI
MHP FINANCING: $7.1M loan in $14.2M loan participation