Sponsor: Oak Hill Community Development Corporation
Loan Approved: July 23, 1997
Loan Approved: July 23, 1997
MHP committed $140,250 in permanent rental financing to help Oak Hill CDC preserve six affordable rental units in Worcester.
TYPE: Preservation.
WHERE: 60 Providence Street, Worcester.
WHAT: Preservation, six rental units.
AFFORDABILITY: All up to 60 percent of the area median income (AMI).
MHP FINANCING: $140,250 first mortgage.