Sponsor: Winn Development Corporation
Loan Approved: June 16, 2000
MHP provided over $1.9 million to help Winn Development Co. preserve 54 affordable apartments in Webster.
TYPE: Preservation
WHERE: 52 Hartley Street, Webster.
WHAT: The preservation of 54 apartments that were at risk of being sold as market-rate units.
AFFORDABILITY: All affordable at 80 percent AMI.
MHP FINANCING: A $1,977,800 first mortgage.
RENTAL INFORMATION: Winn Management Company, 508-943-9567.