Sponsor: Codman Square Neighborhood Development Corporation
Loan Approved: August 26, 2010
MHP committed $775,000 in permanent rental financing to help the Codman Square Neighborhood Development Corporation (CSNDC) construct 24 units of affordable rental housing in the Dorchester neighborhood of Boston.
TYPE: New construction.
WHERE: 155-157 Washington Street, Boston.
WHAT: The new construction of 24 rental units.
AFFORDABILITY: All units will be affordable at 60 percent AMI.
MHP FINANCING: A permanent first mortgage of $775,000.