Sponsor: YMCA of the North Shore
Loan Approved: September 30, 2009
MHP committed $1.4 million in permanent rental financing to help the YMCA of the North Shore construct 48 units of affordable rental housing in Ipswich.
TYPE: New construction.
WHERE: 108-130 County Road, Ipswich.
WHAT: The new construction of 48 units of affordable rental housing.
AFFORDABILITY: All units will be affordable at 60 percent AMI.
MHP FINANCING: A $1.4 million permanent first mortgage.
RENTAL INFORMATION: YMCA of the North Shore, 978-312-4015