Sponsor: Jamaica Plain Neighborhood Development Corp.
Loan Approved: September 18, 2007
MHP committed $1.925 million to help Jamaica Plain Neighborhood Development Corp. (JPNDC) create 36 new affordable units in the Jamaica Plain neighborhood of Boston.
TYPE: New construction.
WHERE: 38 Creighton Street, Boston.
WHAT: The new construction of 36 units of affordable housing .
AFFORDABILITY: All units will be affordable at 60 percent AMI.
MHP FINANCING: A permanent first mortgage loan of $1,925,000.
RENTAL INFORMATION: Peabody Properties, 781-794-1000.