Sponsor: Planning Office for Urban Affairs (POUA) and the Greater Haverhill Foundation
Loan Approved: April 28, 2015
MHP committed $5,176,050 to help the Planning Office for Urban Affairs (POUA) and the Greater Haverhill Foundation construct 30 new rental units in Haverhill.
TYPE: New construction
WHERE: 20-54 Merrimack Street, Haverhill.
WHAT: New construction of 30 rental units.
AFFORDABILITY: Three units affordable at 80 percent AMI.
MHP FINANCING: $5,176,050 first mortgage.