Sponsor: Fenway Community Development Corporation
Loan Approved: October 25, 2011
MHP committed over $1.3 million in financing to help non-profit developer Fenway Community Development Corporation (Fenway CDC) construct 24 units of affordable rental housing in the Fenway neighborhood of Boston.
TYPE: Preservation.
WHERE: 15-25 Hemenway Street, Boston.
WHAT: The preservation of 24 housing units in six attached townhouse style buildings.
AFFORDABILITY: 18 will be affordable to at 60 percent AMI.
MHP FINANCING: A permanent first mortgage of $1,311,534.
RENTAL INFORMATION: HallKeen Managment Company, 617-424-6783