Preservation of Affordable Housing, Inc.
Loan Approved: November 13, 2020
Thirty affordable rental apartments for workforce housing on the Cape. The buildings are fossil-fuel free, and the project's project’s energy efficient approach enables residents to have no utility bills.
TYPE: New Construction
WHERE: 30 Brewster Woods Dr., Brewster
WHAT: New construction of 30 apartments
AFFORDABILITY: 8 one-bedroom, 19 two-bedroom, and 3 three-bedroom apartments at or below 60% AMI
MHP FINANCING: A $2.417 million permanent first mortgage loan
MHP PARTNER PROFILE: POAH