Sponsor: Paul Carriff
Loan Approved: January 20, 1995
MHP committed $1,045,000 in permanent rental financing to help private developer Paul Carriff preserve 30 affordable rental units in Fall River.
TYPE: Acquisition and rehabilitation.
WHAT: The preservation of 30 affordable rental units.
AFFORDABILITY: All units will be affordable to residents earning at or below 50 percent of the area median income (AMI).
MHP FINANCING: A permanent first mortgage loan of $1,045,000.