Sponsor: Beacon Communities
Loan Approved: September 28, 1999
MHP committed $3.2 million to help Beacon Communities preserve and rehabilitate 114 units in 14 buildings.
TYPE: Preservation, rehab.
WHERE: 73 Reservoir Street in Brockton.
WHAT: The rehabilitation and preservation of 114 units in 14 buildings.
AFFORDABILITY: 81 units are affordable to residents earning 60 percent of area median income (AMI), and 10 units are affordable at 80 percent AMI.
MHP FINANCING: $3.2 million in first mortgage financing.
RENTAL INFORMATION: Beacon Communities, 617-574-1100.