Beacon Communities
Loan Approved: June 30, 2020
MHP used the FHA MAP program for the refinance and preservation of 114 affordable apartments.
TYPE: Preservation, rehab.
WHERE: 73 Reservoir Street in Brockton.
WHAT: The rehabilitation and preservation of 114 units in 14 buildings.
AFFORDABILITY: 96 two- and 18 three-bedroom apartments, 90 of which are affordable at or below 60% AMI
MHP FINANCING: $11.3 million in first mortgage financing through the FHA MAP program.
RENTAL INFORMATION: Beacon Communities, 617-574-1100.