Sponsor: Better Homes, Inc.
Loan Approved: September 27, 2016
MHP committed $2,750,000 in first mortgage financing to help Better Homes, Inc. preserve 75 affordable units in Springfield.
TYPE: Preservation.
WHERE: Scattered sites, Springfield.
WHAT: The preservation of 75 units.
AFFORDABILITY: All units will be affordable at 60 percent AMI.
MHP FINANCING: $2,750,000 in first mortgage financing.
RENTAL INFORMATION: Housing Management Resources Inc., 617-471-0300