Sponsor: Alfred C. Joyce Jr.
Loan Approved: March 22, 1999
MHP committed $469,500 in permanent rental financing to help private developer Alfred C. Joyce Jr. preserve 16 rental units in Springfield.
TYPE: Preservation.
WHERE: 423-425 Parker Street, 21-23 Garibaldi Street, 6-8 Hunt Street, 35-37 Curtis Street, and 58-60 Pendleton Street, Springfield.
WHAT: The preservation of 16 rental units.
AFFORDABILITY: Eight units will be affordable to residents earning at or below 80 percent of the area median income (AMI).
MHP FINANCING: $469,500 in permanent rental financing.