Cambridge Trust commits $110 million to MHP to finance affordable rental housing. MORE

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370 Essex Street

Greater Lawrence Community Action Council

Loan Approved: November 3, 2020


The adaptive reuse of a vacant 5-story masonry building with a 5-story wood addition to create 39 affordable apartments.

TYPE: New. Adaptive re-use

WHERE: 370 Essex St., Lawrence

WHAT: New construction of 39 apartments

AFFORDABILITY: 14 one-, 20 two- and 5 three bedroom unit at or below 60% AMI

MHP FINANCING: A $3.4 million permanent first mortgage loan


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