Sponsor: 1810 Realty Group, Inc.
Loan Approved: June 8, 2010
MHP committed $563,000 in permanent rental financing to help 1810 Realty Group, Inc. rehabilitate 37 units in Dorchester.
TYPE: Preservation.
WHERE: 237-241 Walnut Avenue, Boston.
WHAT: The preservation of 37 SRO units.
AFFORDABILITY: All units will be affordable at 60 percent AMI.
MHP FINANCING: A permanent first mortgage of $563,000.