Sponsor: Rees-Larkin Development LLC
Loan Approved: April 12, 2011
MHP committed $800,000 to help Rees-Larkin Development LLC create 45 units of affordable rental housing in Pittsfield.
TYPE: Adaptive reuse.
WHERE: 55 Spring Street, Pittsfield.
WHAT: The adaptive reuse of a former mill building into 45 rental units.
AFFORDABILITY: 43 unit will be affordable at 60 percent AMI.
MHP FINANCING: $800,000 first mortgage.
RENTAL INFORMATION: Berkshire Housing Services Inc., 413-499-1630