Sponsor: Dakota Partners, Inc.
Loan Approved: October 28, 2014
MHP committed $3.65 million in first mortgage financing to help Dakota Partners Inc. create 72 rental units in Haverhill.
TYPE: New construction.
WHERE: 505 West Lowell Avenue, Haverhill.
WHAT: The new construction of 72 residential rental units in two buildings.
AFFORDABILITY: Of the 72 units, 29 will be affordable to renters earning at or below 60 percent AMI.
MHP FINANCING: A $3.65 million first mortgage.
RENTAL INFORMATION: Hall Keen Management, 617-424-6783.