Sponsor: Douglas A. King Builders
Loan Approved: July 5, 2018
MHP committed $8.7 million in permanent rental financing to help Douglas A. King Builders construct 59 new rental units and the rehabilitation of an existing single-family home into one additional unit in Raynham.
TYPE: Preservation
WHERE: One Meadow Drive, Raynham.
WHAT: The construction of 59 residential rental units and the rehabilitation of a single-family house into an additional 1 rental unit.
AFFORDABILITY: 15 units affordable at 80 percent AMI.
MHP FINANCING: A $8.7 million permanent first mortgage.
MORE INFO: News release
RENTAL INFORMATION: Douglas A. King Management Corporation, (508) 880-3727.