Sponsor: Viet-AID, Inc.
Loan Approved: April 28, 2000
MHP provided $844,641 in financing to help Viet-AID, Inc. construct six affordable units in the Dorchester neighborhood of Boston.
TYPE: New construction
WHERE: 17-23 Faulkner Street, Boston.
WHAT: The new construction of six units on a vacant lot one block from Fields Corner.
AFFORDABILITY: All affordable at 60 percent AMI.
MHP FINANCING: A $218,829 first mortgage and a $625,812 deferred-payment second mortgage.
RENTAL INFORMATION: Viet-AID, 617-822-3717.