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Dennis: Melpet Farm

Sponsors: Housing Assistance Corporation (HAC) & Preservation of Affordable Housing (POAH)

Melpet Farms Dennis

Loan Approved: February 11, 2014

MHP provided sustained technical assistance to help the community see through its vision for this land and then further supported it with $1,090,000 in permanent rental financing.

TYPE: New construction.

WHERE: 815 East-West Dennis Road, Dennis.

WHAT: The new construction of 27 residential rental units in eight two-story buildings.

AFFORDABILITY: All units affordable at 60 percent AMI.

MHP FINANCING: A $1,090,000 first mortgage.

RENTAL INFORMATION: Preservation Housing Management, (617) 261-9898.


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