Sponsor: RCAP Solutions, Inc.
Loan Approved: April 10, 2003
MHP provided $715,000 in financing to help RCAP Solutions, Inc. preserve the affordability of 34 apartments in Athol.
TYPE: Preservation
WHERE: 198 Harrington Street, 701 Cottage Street and 25 Cheney Street, Athol.
WHAT: The preservation of 34 units of affordable housing.
AFFORDABILITY: All affordable at 50 percent AMI.
MHP FINANCING: A $715,000 first mortgage loan.
RENTAL INFORMATION: RCAP Solutions, Inc., 978-630-6600.