Sponsor: Robert F. Crosby
Loan Approved: April 26, 2001
MHP provided $667,000 in financing to help Robert F. Crosby preserve 39 apartments in Quincy.
TYPE: Preservation
WHERE: 511 Hancock Street and 293 Fayette Street, Quincy.
WHAT: The preservation a rooming house and an additional property with studio and single-room occupancy (SRO) units for a total of 39 apartments.
AFFORDABILITY: Of the 39 units, 20 are affordable at 80 percent AMI.
MHP FINANCING: A $667,000 first mortgage.
RENTAL INFORMATION: Advantage Property Management, 617-472-2121.