Winn Development Corporation
Loan Approved: July 18, 2022
MHP is providing a $2.5 million permanent loan from its bank-funded loan pool.
TYPE: Adaptive re-use
WHERE: 68 State St., Ludlow
WHAT: Adaptive re-use of a historic mill building into 95 mixed-income apartments for seniors aged 55+
AFFORDABILITY: 54 affordable units at or below 60% AMI
MHP FINANCING: A $2.5 million permanent first mortgage loan
RENTAL INFORMATION: Residences at Mill 8 on Housing Navigator