Cambridge Trust commits $110 million to MHP to finance affordable rental housing. MORE
"MHP is a true partner. They work with the developer, understand the business and allow great outcomes to occur."
"MHP pushed us to think about how we could innovate to lower building costs."
"MHP is off the charts in terms of customer service. It's about what they can do to help you get things done."
"MHP has been a key in our mission to offer homes to those at risk of being homeless or homeless again."
"This was a rare opportunity with nothing in town to compare it to. The pre-commitment of lenders like MHP allowed us to move forward and get this done."
MHP has provided over $1.4 billion in loans and commitments for the financing of over 26,000 units of rental housing. We provide permanent financing for affordable and mixed-income rental developments of all sizes across Massachusetts, from new construction to adaptive reuse to preservation. Below are some examples of the properties we finance.
MHP offers a range of loan programs and services to support the construction, acquisition and preservation of multifamily housing.
With our deep experience financing affordable rental housing and our full range of capital sources, we can find the financing solution that best meets your needs.