Cambridge Trust commits $110 million to MHP to finance affordable rental housing. MORE

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Wrentham: Eagle Brook Commons, Phase 1

DiPlacido Development Corp.

Red Tail Crossing8 Their Aerial 5

Loan Approved: March 31, 2020


MHP is providing a $5.9 million permanent loan from its bank-funded loan pool.

TYPE: New

WHERE: Wrentham

WHAT: 14 duplexes totaling 28 mixed-income apartments

AFFORDABILITY: 18 two- and 10 three-bedroom apartments with 7 affordable at or below 80% AMI

MHP FINANCING: A $5.9 million permanent first mortgage

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