Sponsor: The Community Builders
Loan Approved: April 28, 1997
MHP is refinancing an existing 40-unit apartment in Somerville.
TYPE: Refinance.
WHERE: 32-38 Kent Street, Somerville.
WHAT: The refinancing of 40 rental units.
AFFORDABILITY: At least 8 of the units will be affordable to households earning up to 50% AMI.
MHP FINANCING: MHP committed $1,000,000 in permanent rental financing.