Sponsor: Boston Road Tenants Association
Loan Approved: April 28, 1997
MHP committed $3.6 million in permanent rental financing to help the Boston Road Tenants Association acquire and rehabiliate 314 rental units in Springfield.
TYPE: Rehabiliation/preservation.
WHERE: 1153-1167 Boston Road, Springfield.
WHAT: The acquisition and rehabiliation/preservation of 314 rental units.
AFFORDABILITY: 126 of the units will be affordable to residents earning at or below 60 percent of the area median income (AMI).
MHP FINANCING: MHP committed $3.6 million in permanent rental financing.