Sponsor: The Claremont Company, Inc.
Loan Approved: March 25, 2014
MHP committed $15 million into help The Claremont Company, Inc. construct 192 units of rental housing in Bridgewater.
TYPE: New construction.
WHERE: Pleasant Street in Bridgewater.
WHAT: The new construction of 289 residential rental units in two phases.
AFFORDABILITY: 48 units affordable at 80 percent AMI.
MHP FINANCING: A $15 million mortgage.
RENTAL INFORMATION: Claremont Residental LLC, 508-279-3495