Garden Homes Development
Loan Approved: November 11, 2020
MHP is providing a $10 million loan to support the construction of 384 mixed-income apartments.
TYPE: New Construction
WHERE: 147 Rangeway Rd., Billerica
WHAT: New construction of 384 apartments
AFFORDABILITY: 96 affordable one- and two-bedroom apartments at 80% AMI
MHP FINANCING: A $10 million permanent first mortgage loan