Leominster Development Corporation
Loan Approved: April 20, 1998
MHP committed $315,000 in permanent rental financing to help the Leominster Development Corporation preserve 10 rental units.
TYPE: Acquisition/preservation.
WHERE: 71 Adams St., 54 Pleasant St., 173 Mechanic St.
WHAT: 10 rental units.
AFFORDABILITY: Seven units affordable at or below 65 percent of area median income.
MHP FINANCING: $315,000 first mortgage.
RENTAL INFORMATION: Leominster Housing Authority, 978-537-5300.