Sponsor: New Vision Community Development Corporation
Loan Approved: December 1, 1995
MHP committed $413,125 in permanent rental financing to help New Vision CDC create 26 new affordable rental units in Dorchester.
TYPE: Preservation
WHERE: 386-392 Warren Street, 2 Savin Street and 19-21 Creston Street.
WHAT: New construction, 26 rental units.
AFFORDABILITY: All at or below 60 percent of the area median income (AMI).
MHP FINANCING: $413,125 first mortgage