News

WORCESTER, December 1, 2008 --- MHP is once again using its ability to provide long-term, fixed-rate private financing for affordable rental housing in Worcester, committing $1.095 million in first and second mortgage financing to help Worcester Common Ground in the new construction of over 3,000 square feet of commercial/retail space as well as the construction of 12 affordable rental units.

NORTHAMPTON, Nov. 27, 2008 --- The Valley Community Development Corporation (VCDC) recently celebrated the opening of two affordable housing efforts, an eight-unit apartment building in Northampton and an 11-unit effort in Amherst. Both efforts were made possible due in part to early technical assistance and long-term financing from MHP.

PITTSFIELD, October 29, 2008 --- Using its ability to provide private bank funds for affordable rental housing, MHP has committed $2.2 million in long-term financing to support a 67-unit new construction and rehabilitation project near in downtown Pittsfield.

PITTSFIELD, October 29, 2008 --- Using its ability to provide private bank funds for affordable rental housing, MHP has committed $2.2 million in long-term financing to support a 67-unit new construction and rehabilitation project near in downtown Pittsfield.

ARLINGTON, October 14, 2008 --- Using its ability to provide long-term, fixed-rate private financing for affordable rental housing, MHP has committed $1.2 million in first and second mortgage financing to help the Housing Corporation of Arlington (HCA) acquire, rehabilitate and preserve 10 units of affordable housing.

BOSTON, Sept. 25, 2008 --- In its continuing effort to support affordable housing production in Massachusetts, MHP has awarded nearly $4 million in grants to non-profit and community-based development organizations across the state.