Sponsor: Dakota Partners
Loan Approved: July 5, 2018
MHP committed to a $3.8 million permanent first mortgage loan to help Dakota Partners construct 69 residential rental units in three buildings, a community building, and a playground.
TYPE: New.
WHERE: 881 Main Street (Route 28), Yarmouth.
WHAT: The construction of 69 residential rental units, a community building, and a playground.
AFFORDABILITY: All apartments affordable at 60 percent AMI.
MHP FINANCING: A $3.8 million permanent first mortgage.