Sponsor: Mitchell Properties
Loan Approved: May 27, 2014
MHP committed $9,827,000 in permanent rental financing to help Mitchell Properties create 61 rental units on the site of a former mill in Williamstown.
TYPE: Adaptive re-use.
WHERE: 160 Water Street, Williamstown.
WHAT: The adaptive re-use of three vacant mill buildings into 61 rental units.
AFFORDABILITY: 13 units will be affordable at 80 percent AMI.
MHP FINANCING: A $9,827,000 first mortgage.
RENTAL INFORMATION: HallKeen Management, (781) 762-4800
NEWS RELEASE: https://www.mhp.net/news/2016/...