Sponsor: Lena Park CDC & New Boston Fund Inc.
Loan Approved: September 25, 2008
MHP committed $1.275 million to help Lena Park CDC and New Boston Fund, Inc. create 42 units of affordable rental housing in the Mattapan neighborhood of Boston.
TYPE: New construction.
WHERE: Harvard and Morton Street, Boston.
WHAT: The new construction of 42 affordable rental units.
AFFORDABILITY: All units will be affordable at 60 percent AMI.
MHP FINANCING: $1.275 million first mortgage.
RENTAL INFORMATION: Winn Residential, 617-742-4500