Sponsor: Episcopal City Mission
Loan Approved: September 19, 2002
MHP provided $10 million in financing through tax-exempt bonds for the preservation and new construction of 177 units in the Fenway neigbhorhood of Boston.
TYPE: Preservation/new construction
WHERE: 100 Norway Street, Boston.
WHAT: The preservation of 144 existing units and new construction of 33 units.
AFFORDABILITY: All affordable at 50 percent AMI.
MHP FINANCING: A $10 million first mortgage through tax-exempt bond financing.
RENTAL INFORMATION: Maloney Properties, 617-437-1902.