Urban Edge
Loan Approved: March 1, 2017
MHP used its bank-funded loan pool to provide Urban Edge with a $2.6M loan for the new construction of 49 affordable apartments in two new buildings in Roxbury.
TYPE: New construction
WHERE: 67 and 80 Walnut Park, Roxbury.
WHAT: New construction of 49 affordable apartments.
AFFORDABILITY: All affordable below 60 percent AMI; 11 affordable below 30 percent AMI.
MHP FINANCING: $2.6M permanent loan and $25,000 in technical assistance.
RENTAL INFORMATION: WinnResidential, 617-989-9300.