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Bourne: Clay Pond Cove

Preservation of Affordable Housing (POAH) & Housing Assistance Corp. (HAC)

Clay Pond Cove2 Bourne

Loan Approved: November 30, 2010


MHP provided $745,000 in first mortgage financing to help POAH & HAC construction 45 units of rental housing in Bourne.

TYPE: New construction.

WHERE: 100 Harmony Hill Road, Bourne.

WHAT: The new construction of 45 rental units.

AFFORDABILITY: All units affordable at 60 percent AMI.

MHP FINANCING: $745,000 in first mortgage financing.

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