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Boston (South Boston): Dorchester Street

Sponsor: Wijay Asirwatham

Loan Approved: March 25, 1997


MHP committed $331,000 in permanent rental financing to help private developer Wijay Asirwatham preserve seven rental units in the South Boston neighborhood of Boston.

TYPE: Preservation.

WHERE: 251-255 Dorchester Street.

WHAT: Preservation of seven rental units.

AFFORDABILITY: Three units at or below 60 percent of the area median income (AMI).

MHP FINANCING: $331,000 first mortgage.

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