Sponsor: Orion Realty Company, Inc.
Loan Approved: March 29, 1996
Loan Approved: March 29, 1996
MHP committed $966,341 in permanent rental financing to help Orion Realty Company, Inc. acquire and rehabilitate 34 rental units in Attleboro.
TYPE: Rehabilitation.
WHERE: School/Pine/Maple/Merritt Street, Attleboro.
WHAT: The acquisition and preservation of 34 rental units.
AFFORDABILITY: 14 units will be affordable to residents earning at or below 50 percent of the area median income (AMI).
MHP FINANCING: A permanent first mortgage loan of $966,341.