News

GROTON, April 23, 2007 --- State and local leaders will gather on Wednesday, May 9 to celebrate the grand opening of nine new affordable apartments, created under the town's inclusionary zoning bylaw. MHP provided early technical assistance and then committed $778,000 in first- and second- mortgage financing.

NORTHAMPTON, February 6, 2003 --- Construction has begun on a project that will add 10 new affordable apartments in Northampton. An additional 14 nearby apartments will be rehabilitated. MHP provided technical assistance and is providing $1.8 million in permanent financing.

ALLSTON, December 19, 2002 --- Although the celebration focused on what has been preserved, there was excitement about the Allston-Brighton Community Development Corporation's next effort - the creation of 62 new affordable units elsewhere in this neighborhood located near the Mass. Pike and minutes from Harvard and BU.

BOSTON, updated, November 21, 2002 -- Recent MHP efforts in Boston's neighborhoods will result in the creation of 101 affordable rental units and the preservation of another 85 units.

BOSTON, November 20, 2002 --- Three recent affordable housing efforts in the Springfield area illustrate MHP's ability to provide financing for mid-sized and smaller projects.

CHESTERFIELD, November 8, 2002 --- MHP's commitment to financing smaller rental properties was illustrated recently when local and state officials gathered in Chesterfield (pop. 1201) to dedicate the renovation of the local hotel, the only multi-family building in town.