News

NEW BEDFORD, June 27, 2002 --- HallKeen, a real estate investment company, celebrated the completion of its renovation efforts in the Acushnet Heights neighborhood. MHP provided rental financing in three of the four phases, a total of $1.1M for 66 affordable rental units.

SANDWICH, May 6, 2002 --- MHP is financing a new 36-unit development called Osprey Lane. All units will be rented to income eligible residents earning between 40 and 60 percent of the area median income.

WORCESTER, April 26, 2002 --- The celebration marked the renovation of 98 Austin Street, a historic Greek revival home that had fallen into disrepair. It is one of two buildings on the street scheduled to be renovated into affordable rental housing. MHP is providing $860,000 in permanent financing.

HYANNIS, April 24, 2002 --- MHP is providing permanent financing for Aunt Sarah's Place. A former boarding house, the building has been completely renovated and now features one-room, studio and single room apartments within walking distance of downtown Hyannis.

FALMOUTH, March 25, 2002 --- MHP took part in opening ceremonies of the Gifford Street Housing and Human Services Campus recently. MHP provided the bulk of the permanent financing, which created 28 new affordable units.

JAMAICA PLAIN, January 23, 2002 --- The MHP Fund provided over $3.2M in permanent financing to help Pondview Apartments remain affordable for some 60 families.