Sponsor: HER, Inc.
Loan Approved: September 14, 1999
MHP committed $405,000 to help Housing and Economic Resources for Women Inc. refinance and renovate 14 SRO units and one one-bedroom apartment.
TYPE: Preservation.
WHERE: 62-68 Green Street, and 19 Arnold Street Northampton.
WHAT: Refinance and minor renovation of a mixed use building with 14 single resident occupancy (SRO) units, one two-bedroom and one commercial unit.
AFFORDABILITY: 14 units at or below 50 percent of the area median income.
MHP FINANCING: $286,750 first mortgage, $117,524 second mortgage.
RENTAL INFORMATION: HER, Inc. 413-534-5083