Sponsor: Fenway Community Development Corporation
Loan Approved: October 20, 2010
MHP committed over $1.3 million in first mortgage financing to help Fenway Community Development Corporation preserve 36 rental units in the Fenway neighborhood of Boston.
TYPE: Preservation.
WHERE: 64-70 Burbank Street, Boston.
WHAT: The preservation of 36 residential rental units.
AFFORDABILITY: 31 will be designated as affordable at 60 percent AMI.
MHP FINANCING: A permanent first mortgage of $1,378,300.
RENTAL INFORMATION: HallKeen, 781-762-4800.