Sponsor: Steve Bryan
Loan Approved: September 18, 1998
MHP committed $975,050 in financing to help private developer Steve Bryan preserve 32 rental units in Mattapan.
TYPE: Preservation.
WHERE: 572-580 Cummins Highway, Mattapan.
WHAT: The preservation of 32 rental units.
AFFORDABILITY: 21 units will be affordable to residents earning at or below 80 percent of the area median income (AMI).
MHP FINANCING: A permanent plus first mortgage of $760,000 and a second mortgage of $218,050.