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Worcester: Grand Street Commons

Main South CDC

Grand Street Commons

Loan Approved: October 15, 2020


MHP is providing a $3.472 million loan to support the construction of 48 mixed-income apartments.

TYPE: New Construction

WHERE: 92 Grand St., Worcester

WHAT: New construction of 48 apartments

AFFORDABILITY: 44 affordable apartments at or below 60% AMI

MHP FINANCING: A $3.472 million permanent first mortgage loan

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