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Fall River: 175-177 North Main Street

Sponsor: Richard Vohnoutka

Loan Approved: September 24, 1998


MHP committed over $400,000 in permanent rental financing to help private developer Richard Vohnoutka create 30 new SRO units in Fall River.

TYPE:  New.

WHERE:  175-177 North Main Street, Fall River.

WHAT:  The new construction of 30 SRO units.

MHP FINANCING:  A permanent plus first mortgage loan of $234,500 and a second mortgage loan of $165,708.

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