Sponsor: Edgewood Apartments, LLC
Loan Approved: August 28, 2012
MHP committed $14.75 million in first mortgage financing to help Edgewood Apartments, LLC construct 120 residential rental units in Plainville.
TYPE: New construction.
WHERE: 100 Taunton Street, Plainville.
WHAT: The new construction of 120 residential rental units.
AFFORDABILITY: 30 units will be affordable at 80 percent AMI.
MHP FINANCING: A permanent first mortgage of $14.75 million.
RENTAL INFORMATION: Lakeside Management Corporation, 508-695-3252.