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Rockland: Lydia Square Apartments Phase 1

NewGate Housing

Loan Approved: December 18, 2019


MHP is providing a $1.25 million loan to support the construction of 44 affordable apartments.

TYPE: New

WHERE: 80 Norman St., Rockland

WHAT: 44 affordable apartments

AFFORDABILITY: 36 one- and 8 two-bedroom apartments affordable at or below 60% AMI

MHP FINANCING: $1.25 million permanent loan from its bank-funded loan pool.

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