Great Bridge Properites
Loan Approved: July 3, 2018
MHP committed to a $2.4 million permanent first mortgage loan to Great Bridge Properties for an adaptive reuse project of the Jewel Cross factory into 66 residential rental units and various amenities
TYPE: Adaptive Reuse.
WHERE: 117 South Washington Street, North Attleborough
WHAT: The adaptive reuse of an old factory site into 66 residential rental units.
AFFORDABILITY: At least 27 of the units will be affordable for residents earning at or below 60 percent of the area median income (AMI).
MHP FINANCING: A $2.4 million permanent first mortgage loan.