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Lowell: Mayflower Apartments

Sponsor: Winn Development Company

Loan Approved: April 29, 1998


MHP has committed over $2.6 million to preserve 99 affordable rental units in Lowell.

TYPE:  Preservation.

WHERE:  Hildreth and Richardson Streets, Lowell.

WHAT:  The preservation of 99 affordable rental units.

AFFORDABILITY:  All units will be affordable at 60 percent AMI.

MHP FINANCING: $2,672,476 first mortgage.

RENTAL INFORMATION:  Winn Management, 617-742-4500.

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