NewGate Housing
Loan Approved: December 18, 2019
MHP is providing a $1.25 million loan to support the construction of 44 affordable apartments.
TYPE: New
WHERE: 80 Norman St., Rockland
WHAT: 44 affordable apartments
AFFORDABILITY: 36 one- and 8 two-bedroom apartments affordable at or below 60% AMI
MHP FINANCING: $1.25 million permanent loan from its bank-funded loan pool.