Sponsor: Victor and Daniel Kaufman
Loan Approved: March 17, 1997
MHP committed $405,000 in permanent rental financing to help private developers Victor and Daniel Kaufman preserve 21 rental units in Lynn.
TYPE: Preservation.
WHERE: 81 Whiting Street, Lynn.
WHAT: The preservation of 21 rental units.
AFFORDABILITY: Five units will be affordable at 50 percent of the area median income (AMI).
MHP FINANCING: A permanent first mortgage loan of $405,000.