Sponsor: Nuestra Comunidad Development Corporation
Loan Approved: February 27, 2003
MHP provided $5.1 million in financing to help Nuestra Comunidad Development Corp. convert the former Dartmouth Hotel into 65 units of affordable housing.
TYPE: Adaptive reuse
WHERE: 142-148 Dudley Street and 39-47 Warren Street, Boston.
WHAT: The adaptive reuse of two historic buildings in Dudley Square into 65 apartments plus eight commercial ground-floor spaces.
AFFORDABILITY: Of the 65 units, 57 are affordable at 80 percent AMI.
MHP FINANCING: A $5.1 million first mortgage.
RENTAL INFORMATION: Nuestra Comunidad Development Corp., 617-427-3599.