Sponsor: Cruz Development
Loan Approved: September 27, 1996
MHP committed $469,471 in permanent rental financing to help Cruz Development construct 41 new affordable rental units in Roxbury.
TYPE: New.
WHERE: 15-19 Maple Street, 21 Nazing Street, 19-19A Centre Street.
WHAT: New construction of 41 affordable rental units.
AFFORDABILITY: All at or below 60 percent of the area median income (AMI).
MHP FINANCING: $469,000 first mortgage.