Sponsor: Vietnam Veterans Workshop, Inc.
Loan Approved: January 31, 1994
MHP committed $1.466 million in permanent rental financing to help Vietnam Veterans Workshop, Inc. construct 59 new affordable SRO units in Downtown Boston.
TYPE: New.
WHERE: Court Street, Boston (Downtown).
WHAT: The new construction of 59 affordable SRO units.
AFFORDABILITY: All units will remain affordable for residents earning at or below 50 percent of the area median income (AMI).
MHP FINANCING: A permanent first mortgage loan of $1.466 million.