Sponsor: Caleb Clapp
Loan Approved: June 19, 1997
MHP committed $350,000 in permanent rental financing to help private developer Caleb Clapp preserve 40 affordable rental units in Brockton.
TYPE: Preservation.
WHERE: Brockton.
WHAT: The preservation of 40 affordable rental units.
AFFORDABILITY: All units will be affordable to residents earning at or below 80 percent of the area median income.
MHP FINANCING: MHP committed $350,000 in permanent rental financing.