Sponsor: Frank Zitomersky
Loan Approved: December 5, 1997
MHP committed $282,374 in financing to help private developer Frank Zitomersky acquire and rehabilitate 18 units of affordable rental housing in Worcester.
TYPE: Rehabilitation.
WHERE: Dale Street, Worcester.
WHAT: Acquisition/rehabilitation of 18 rental units.
AFFORDABILITY: All at or below 60 percent of the area median income.
MHP FINANCING: $282,000 first mortgage.