Sponsor: John McGrail
Loan Approved: December 19, 1997
Loan Approved: December 19, 1997
MHP committed $316,500 in financing to help private developer John McGrail preserve 12 rental units.
TYPE: Preservation.
WHERE: 70 Tennis Street, Mattapan.
WHAT: The preservation of 12 rental units.
AFFORDABILITY: Three units will be affordable to residents earning at or below 50 percent of the area median income (AMI).
MHP FINANCING: $316,500 in permanent rental financing.