Sponsor: Bodwell Pines Corp.
Loan Approved: December 17, 2014
MHP committed $12.23 million in first mortgage financing to help build 52 units of rental housing in Wayland.
TYPE: New construction
WHERE: 371-373 Commonwealth Road, Wayland.
WHAT: The new construction 52 rental units.
AFFORDABILITY: 13 units affordable at 80 percent AMI.
MHP FINANCING: $12.23 million first mortgage.
RENTAL INFORMATION: Bodwell Pines Corp., 508-651-0700