Cambridge Trust commits $110 million to MHP to finance affordable rental housing. MORE
MHP's Green and Healthy Housing Programs is a new initiative designed to encourage more affordable housing property owners to realize the benefits of going green and healthy.
The new MHP programs provide permanent first mortgage financing for both new and existing affordable housing developments using any of MHP’s capital sources including bank financing, Fannie Mae, or FHA Risk Sharing. MHP underwrites and services all of its loans regardless of the capital source.
MHP’s three Green and Healthy Housing Programs are:
For more information about these new programs, contact Director of Business Development Nancy McCafferty at 857-317-8556 or firstname.lastname@example.org or Senior Relationship Manager Alma Balonon-Rosen at 585-764-6963 or email@example.com.
* Incentives for pursuing Passive House certification via MHP's Green Building program line up nicely with new Passive House incentives offered by MassSave.