Sponsor: Planning Office for Urban Affairs
Loan Approved: January 23, 2003
MHP provided over $1 million in financing to help the Planning Office for Urban Affairs (POUA) construct 24 new affordable apartments in Lynn.
TYPE: New construction
WHERE: 127 Franklin Street, Lynn.
WHAT: The new construction of 24 affordable apartments.
AFFORDABILITY: All affordable at 60 percent AMI.
MHP FINANCING: A $1,180,300 first mortgage.
RENTAL INFORMATION: Lynn Housing Authority.