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Holyoke: Lyman Terrace Phase I

Sponsor: The Community Builders

Lyman Terrace Holyoke

Loan Approved: September 27, 2016


MHP committed $4,292,500 to help The Community Builders preserve and redevelopment 88 public housing units in Holyoke.

TYPE: Preservation.

WHERE: 5 Hamden Street, Holyoke.

WHAT: The preservation and redevelopment of 88 units.

AFFORDABILITY: All units will be affordable at 50 percent AMI.

MHP FINANCING: $4,929,500 in permanent first mortgage financing.

RENTAL INFORMATION: Holyoke Housing Authority, 413-539-2220.

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