Sponsor: Springfield Neighborhood Housing Services
Loan Approved: August 3, 1998
MHP committed $800,000 in permanent rental financing to help Springfield Neighborhood Housing Services acquire and preserve 102 affordable rental units.
TYPE: Preservation.
WHERE: Scattered sites across Springfield.
WHAT: The acquisiton and preservation of 102 affordable rental apartments.
AFFORDABILITY: All of the units will be affordable to residents earning at or below 60 percent of the area median income (AMI).
MHP FINANCING: $800,000 in permanent rental financing.