Sponsor: Hilltown CDC
Loan Approved: December 5, 2012
MHP committed $340,000 in first mortgage financing to help non-profit developer Hilltown CDC construct eight new units of affordable rental housing.
TYPE: New construction.
WHERE: 13 Main Road, Westhampton.
WHAT: The new construction of eight residential rental units for seniors.
AFFORDABILITY: All of the units affordable at 60 percent AMI.
MHP FINANCING: A permanent first mortgage of $340,000.
RENTAL INFORMATION: Hilltown CDC, 413-296-4536