Sponsor: First Resources Development Company
Loan Approved: November 18, 2010
MHP committed $1.43 million in rental financing to help First Resources Development Company create 144 rental units in Springfield.
TYPE: Preservation.
WHERE: 4 Federal Court, Springfield.
WHAT: The substantial rehabilitation of 144 affordable apartments.
AFFORDABILITY: All units affordable at 60 percent AMI.
MHP FINANCING: A permanent first mortgage of $1.43 million.
RENTAL INFORMATION: First Resources Mangagement, 413-737-7847