Sponsor: Criterion Development Partners, LLC
Loan Approved: October 21, 2004
MHP provided $15 million in financing to help Criterion Development Partners, LLC construct 192 apartments in Andover.
TYPE: New construction
WHERE: 311 and 319 Lowell Street, Andover.
WHAT: The new construction of 192 apartments.
AFFORDABILITY: Of the 192 units, 48 are affordable at 80 percent AMI.
MHP FINANCING: A $15 million first mortgage.
RENTAL INFORMATION: Windsor Communities, 978-894-2752.