Sponsor: Annemarie Sobutka
Loan Approved: April 9, 1999
MHP committed $521,766 in financing to help private developer Annemarie Sobutka preserve 21 rental units in Lynn.
TYPE: Preservation.
WHERE: 22 Warren Street, Lynn
WHAT: The preservation of 21 rental units.
AFFORDABILITY: Nine units will be affordable to residents earning at or below 60 percent of the area median income (AMI).
MHP FINANCING: A permanent plus first mortgage of $335,950 and a second mortgage of $185,816.