Sponsor: Just-a-Start Corp.
Loan Approved: January 6, 2000
MHP provided $1 million in financing to help Just-a-Start Corp. preserve 17 affordable units in Cambridge.
TYPE: Preservation
WHERE: 35 Hovey Avenue, Cambridge.
WHAT: The preservation of 17 affordable units.
AFFORDABILITY: All affordable at 80 percent AMI.
MHP FINANCING: A $750,000 first mortgage and a $500,000 deferred-payment second mortgage.
RENTAL INFORMATION: Maloney Properties, 617-661-7190.