Sponsor: James and Annmarie Normandin
Loan Approved: January 16, 1998
Loan Approved: January 16, 1998
MHP committed $331,000 in permanent rental financing to help private developers James and Annemarie Normandin preserve 18 units of rental housing.
TYPE: Preservation.
WHERE: Beacon and Crawford Street, Leominster.
WHAT: Preservation, 18 rental units.
AFFORDABILITY: Eight at or below 60 percent of the area median income (AMI).
MHP FINANCING: $331,000 first mortgage.