Sponsor: South Shore Housing Development Corporation
Loan Approved: December 16, 1994
MHP committed $1.4 million in permanent rental financing to help the South Shore Housing Development Corporation construct 82 new units of rental housing in Rockland.
TYPE: New.
WHERE: 105-115 Market Street, Rockland.
WHAT: The new construction of 82 rental units, spread across three buildings.
AFFORDABILITY: 62 of the units will remain affordable for residents earning at or below 60 percent of the area median income (AMI).
MHP FINANCING: A permanent first mortgage loan of $1.4 million.