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Lyman Terrace Phase II

The Community Builders

Loan Approved: May 29, 2019


MHP has committed $5.3M to support the rehabilitation and preservation of 79 public housing units. MHP provided $4.9M to support the preservation of 79 units in Phase 1.

TYPE: Preservation.

WHERE: 5 Hamden Street, Holyoke.

WHAT: The preservation and redevelopment of 79 units.

AFFORDABILITY: All units will be affordable at 50 percent AMI.

MHP FINANCING: $5.3 million in permanent first mortgage financing.

RENTAL INFORMATION: Holyoke Housing Authority, 413-539-2220.

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