Sponsor: Cambridge Housing Authority
Loan Approved: August 25, 2015
MHP committed over $12.3 million in direct bond financing to help the Cambridge Housing Authority construct 104 new affordable rental units in six buildings in Cambridge.
TYPE: New construction
WHERE: One Jackson Place, Cambridge.
WHAT: The new construction of 104 units of affordable rental housing.
AFFORDABILITY: All affordable at 50 percent AMI.
MHP FINANCING: $12.3 million in direct bond financing
RENTAL INFORMATION: Cambridge Housing Authority, 617-864-3020