Sponsors: Bridgeview Partners LLC and Toward Independent Living and Learning, Inc. (TILL)
Loan Approved: June 24, 2014
MHP committed over $3.9 million in first mortgage financing to help Bridgeview Partners LLC and Toward Independent Living and Learning, Inc. (TILL) construct 61 new affordable units in the Charlestown neighborhood of Boston.
TYPE: New construction.
WHERE: 400 Rutherford Avenue, Charlestown.
WHAT: The new construction of 61 residential rental units in a four-story building.
AFFORDABILITY: All units affordable at 60 percent AMI.
MHP FINANCING: A $3.9 first mortgage.
RENTAL INFORMATION: Trinity Management LLC, (617)542-3019