Sponsor: Jamaica Plain Neighborhood Development Corp.(JPNDC)
Loan Approved: September 18, 2007
MHP committed $584,310 million to help JPNDC create 30 new affordable units in the Jamaica Plain neighborhood of Boston.
TYPE: New construction.
WHERE: 270 Centre Street, Boston.
WHAT: The new construction of 30 affordable rental units.
AFFORDABILITY: All units are affordable below 60 percent AMI.
MHP FINANCING: A $584,310 first mortgage.
RENTAL INFORMATION: Peabody Properties, 781-794-1000.