Sponsor: Plymouth Bay Housing Corporation
Loan Approved: March 3, 2008
MHP committed $1.58 million in a first mortgage loan to help Plymouth Bay Housing Corporation create 35 new units for elderly residents.
TYPE: New construction.
WHERE: 69 Allerton Street, Plymouth.
WHAT: The new construction of rental units for elderly tenants.
AFFORDABILITY: All units are affordable at 60 percent AMI.
MHP FINANCING: A permanent first mortgage of $1.58 million.
RENTAL INFORMATION: Plymouth Housing Authority, 508-746-2105.