December
3
2009
HAVERHILL --- The Planning Office for Urban Affairs recently announced that the Charles Hayes Building redevelopment on Granite Street is set to be ready for occupancy by the end of the summer. The development will include 57 one- and two-bedroom rental apartments, 33 of which will be reserved for low- and moderate-income tenants. In addition, within five years 24 of the 57 rental units will be converted to condominiums with 19 units reserved for moderate-income buyers. MHP has provided a permanent first mortgage of $1.9 million to aid in the redevelopment of this complex.