Sponsor: South Boston Neighborhood Development Corporation
Loan Approved: December 28, 1998
MHP committed $325,000 in financing to help the South Boston Neighborhood Development Corporation acquire and preserve 6 units of affordable rental housing.
TYPE: Preservation.
WHERE: 620 & 622 Dorchester Avenue
WHAT: Acquisition/preservation of six rental units.
AFFORDABILITY: All at or below 80 percent of the area median income (AMI).
MHP FINANCING: $235,000 first mortgage, $90,000 second mortgage.
RENTAL INFORMATION: donna.brown@sbndc.org