Sponsor: Dan Driscoll
Loan Approved: March 23, 1998
Loan Approved: March 23, 1998
MHP committed $181,000 in financing to help private developer Dan Driscoll preserve six rental units in Dorchester.
TYPE: Preservation.
WHERE: 2020 Dorchester Avenue, Dorchester.
WHAT: The preservation of six rental units.
AFFORDABILITY: Four units will be affordable to residents earning at or below 80 percent of the area median income (AMI).
MHP FINANCING: A permanent plus first mortgage of $160,000 and a second mortgage of $20,000.