Sponsor: HAP, Inc.
Loan Approved: October 14, 2004
MHP provided $415,000 in permanent first-mortgage financing to preserve and rehab 44 affordable housing units.
TYPE: Preservation
WHERE: 552, 560-562 and 570-572 South Summer Street and 13-15 Hamilton Street, Holyoke.
WHAT: The rehabilitation and preservation of 44 affordable apartments.
AFFORDABILITY: All affordable at 50 percent AMI.
MHP FINANCING: A $415,000 first mortgage.
RENTAL INFORMATION: HAPHousing, 413-233-1700.