Sponsor: Sojourner House, Inc.
Loan Approved: November 2, 2006
Loan Approved: November 2, 2006
MHP committed $320,000 to help Sojourner Housing, Inc. build 11 new units of affordable housing in the Dorchester neighborhood of Boston.
TYPE: New construction.
WHERE: 12 Humphreys Street, Boston.
WHAT: The new construction of 11 housing units in one three-story wood-frame building.
AFFORDABILITY: All units will be affordable at 60 percent AMI; four units will be affordable at 30 percent AMI.
MHP FINANCING: A permanent first mortgage loan of $220,000 and a $100,000 second mortgage under the Home Funders program.
RENTAL INFORMATION: Sojourner House, Inc., 617-442-0590