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Boston (Mattapan): 700 Cummins Highway

Sponsor: Bryan, Pettiti & Pettiti

Loan Approved: November 23, 1999


MHP committed $350,000 in financing to help acquire and preserve a 16-unit property in Mattapan.

TYPE:  Preservation.

WHERE:  700 Cummins Highway in Mattapan.

WHAT:   Acquisition and preservation of a 16-unit property, 15 of which are two-bedroom apartments.

AFFORDABILITY:  Nine units are affordable to residents earning 50 percent of the area median income.

MHP FINANCING:  $350,000 in a permanent first mortgage loan.

RENTAL INFORMATION:  1810 Realty Group, 617-282-0700.

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