Sponsor: Cliff Boyle
Loan Approved: October 22, 1993
MHP committed $1.4 million in permanent rental financing to help private developer Cliff Boyle construct 75 new SRO units in the South End neighborhood of Boston.
TYPE: Preservation/rehab
WHERE: 1049-1051 Tremont St., Boston (lower Roxbury-South End line).
WHAT: Rehab of 62 single-room occupancy units and 13 apartments.
AFFORDABILITY: All units affordable to lower-income tenants who are also receiving social services.
MHP FINANCING: $1.4 million first mortgage.
RENTAL INFORMATION: Boston Housing Authority (or Simsbury Associates (property manager, 781-849-7722)