Sponsor: Trinity Financial, Inc.
Loan Approved: January 28, 2010
MHP committed over $6.9 million to help Trinity Financial, Inc. finance 129 units in New Bedford.
TYPE: Preservation.
WHERE: 800 Pleasant Street, New Bedford.
WHAT: The preservation of 129 rental units.
AFFORDABILITY: 43 units will be affordable at 60 percent AMI.
MHP FINANCING: A permanent first mortgage of $6,976,339.
RENTAL INFORMATION: The Regency, 508-999-5050