Sponsor: Madison Park Development Corp. and Haley House Inc.
Loan Approved: July 18, 2002
MHP provided over $9.7 million in financing to help Madison Park Development Corp. and Haley House, Inc. preserve 69 units of affordable rental housing in the South End neighborhood of Boston.
TYPE: Preservation
WHERE: 564 and 688 Massachusetts Avenue, 69 West Concord Street and 282 Columbus Avenue, Boston.
WHAT: The rehabilitation and preservation of 69 units of affordable rental housing.
AFFORDABILITY: All affordable at 50 percent AMI.
MHP FINANCING: A $9.77 million first mortgage.
RENTAL INFORMATION: Maloney Properties, 617-927-0002.