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Billerica: Aspen Regency

Garden Homes Development

Aspen Regency

Loan Approved: November 11, 2020

MHP is providing a $10 million loan to support the construction of 384 mixed-income apartments.

TYPE: New Construction

WHERE: 147 Rangeway Rd., Billerica

WHAT: New construction of 384 apartments

AFFORDABILITY: 96 affordable one- and two-bedroom apartments at 80% AMI

MHP FINANCING: A $10 million permanent first mortgage loan

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