Sponsor: John Giacolone
Loan Approved: February 28, 2002
MHP committed over $3.2 million in financing to help John Giacolone preserve the affordability of 90 apartments in Waltham.
TYPE: Preservation
WHERE: 94 Adams Street, Waltham.
WHAT: The preservation of 90 studio apartments.
AFFORDABILITY: Of the 90 units, 19 are affordable at 50 percent AMI.
MHP FINANCING: A $3,237,365 first mortgage.
RENTAL INFORMATION: Apartment Resources, 781-893-1130.