Sponsor: Gatehouse Group
Loan Approved: April 11, 2002
MHP committed $6.6 million to help Gatehouse Group create 96 apartments in Franklin.
TYPE: New construction
WHERE: 8 Gatehouse Lane, Franklin.
WHAT: The new construction of 96 units.
AFFORDABILITY: Of the 96 units, 64 are affordable at 60 percent AMI.
MHP FINANCING: A $6.6 million first mortgage.
RENTAL INFORMATION: Gatehouse Management Co., 508-528-1888.