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Boston (South Boston): West Third Street

Sponsor: South Boston Neighborhood Development Corporation

Loan Approved: June 4, 1997


MHP committed $597,375 in financing to help South Boston Neighborhood Development Corporation preserve 12 rental units in South Boston.

TYPE: Preservation.

WHERE: 293-301 West Third Street.

WHAT: Preservation, 12 rental units.

AFFORDABILITY: Six at or below 80 percent of the area median income.

MHP FINANCING: $482,500 first mortgage, $114,875 second mortgage.

RENTAL INFORMATION: donna.brown@sbndc.org

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