Sponsor: South Shore Housing Development Corporation
Loan Approved: December 16, 1994
MHP committed $300,000 in permanent rental financing to help the South Shore Housing Development Corporation construct 24 new affordable rental units in West Wareham.
TYPE: New.
WHERE: 2220 Cranberry Highway, West Wareham.
WHAT: The new construction of 24 affordable rental units. The site consists of four buildings with six apartments in each building.
AFFORDABILITY: All of the units remain affordable for residents earning at or below 60 percent of the area median income (AMI).
MHP FINANCING: A permanent first mortgage loan of $300,000.