Rural Development Inc
Loan Approved: December 8, 2020
Rural Development Inc refinanced 48 affordable apartments with a $780,000 loan from MHP's bank-funded loan pool.
TYPE: Preservation
WHERE: 54 Avenue A, Turners Falls
WHAT: The preservation of 48 affordable apartments
AFFORDABILITY: All affordable at or below 60% AMI
MHP FINANCING: MHP is providing a $780,000 loan to preserve the affordability of 48 units