Sponsor: James Keough
Loan Approved: November 25, 1996
MHP committed $172,000 in permanent rental financing to help private developer James Keough preserve ten rental units in Brockton.
TYPE: Preservation.
WHERE: 167 Newbury Street, Brockton.
WHAT: The preservation of ten rental units.
AFFORDABILITY: Two units will be affordable to residents earning at or below 50 percent of the area median income (AMI).
MHP FINANCING: A permanent first mortgage loan of $172,000.