Sponsor: Commonwealth Land Trust, Inc.
Loan Approved: June 7, 1996
MHP committed $300,000 in permanent rental financing to help Commonwealth Land Trust, Inc. preserve 43 rental units in Chelsea.
TYPE: Preservation.
WHERE: 2-14 Grove Street, 155 Chestnut Street, 199-201 Chestnut Street, and 31-33 Marlboro Street, Chelsea.
WHAT: The preservation of 43 rental apartments.
MHP FINANCING: A permanent first mortgage loan of $300,000.