Sponsor: Springfield Action Commission
Loan Approved: December 16, 1994
MHP committed $515,000 in permanent rental financing to help the Springfield Action Commission construction 41 new units of affordable rental housing in Springfield.
TYPE: New.
WHERE: 32 Byers Street, Springfield.
WHAT: The new construction of 41 affordable rental units.
AFFORDABILITY: All units will be affordable to residents earning at or below 60 percent of the area median income (AMI).
MHP FINANCING: A permanent first mortgage loan of $515,000.