Sponsor: Nuestra Comunidad Development Corporation
Loan Approved: November 20, 1997
MHP committed $376,493 in financing to help Nuestra Comunidad Development Corporation preserve nine rental units in Roxbury.
TYPE: Preservation.
WHERE: 116/120/122 Mt. Pleasant Avenue, Roxbury.
WHAT: The preservation of 9 rental units.
AFFORDABILITY: Four units will be affordable to residents earning at or below 60 percent of the area median income (AMI).
MHP FINANCING: A permanent first mortgage of $290,000 and a seconf mortgage of $86,493.
RENTAL INFORMATION: Nuestra Comunidad Development Corporation, 617-427-3599.