MHP offers a variety of capital sources to provide permanent financing for affordable rental housing. Since 1990, we have provided over $XX billion for the financing of over XX,XXX apartments. This gallery highlights some of the efforts we’ve financed in the last three years. For more information, contact MHP’s Nancy McCafferty or Alma Balonon-Rosen.
Brewster: Brewster Woods
Sponsor: Preservation of Affordable Housing, Inc.
Details: 30 affordable apartments
MHP Loan: $2.4M
More: Used our green incentives
Bridgewater: McElwain School
Sponsor: Capstone Communities & MPZ Development
Details: 57 mixed-income apartments
MHP loan: $5.3M
Bridgewater: VIVA Lakeshore
Sponsor: Claremont Companies
Details: 300 mixed-income apartments
MHP Loan: $4.9M
Falmouth: Scranton Main Senior Housing
Sponsor: Affirmative Investments Inc.
Details: New construction of 48 apartments for seniors
MHP Loan: $3,139,100
New Bedford: Manomet Place Phase II
Sponsor: Winn Development Corporation
Details: 71 affordable apartments for seniors
MHP Loan: $1.25M
Holbrook: Maple on Franklin (formerly known as Holbrook School)
Sponsor: NeighborWorks Housing Solutions, Inc.
Details: 72 affordable apartments for seniors (2 units are designated for the Live In Responders)
MHP Loan: $4.5M
Medway: Glen Brook Way Phase II
Sponsor: Metro West Collaborative Development
Details: 44 affordable apartments
MHP Loan: $4.78M
Randolph: Simon Fireman
Sponsor: Hebrew Senior Life
Details: 45 affordable apartments for seniors
MHP Loan: $5.4M
Raynham: Riverview Meadows III
Sponsor: Douglas A. King Builders
Details: 74 mixed-income apartments
MHP Loan: $4M
Wrentham: Redtail Crossing
Sponsor: DiPlacido Development Corp.
Details: 38 mixed-income townhouse-style apartments
MHP Loan: $11.2M
Yarmouth: Yarmouth Gardens
Sponsor: Commonwealth Community Developers LLC
Details: 40 affordable apartments
MHP Loan: $3.3M
Looking for an affordable rental unit? Visit Housing Navigator Massachusetts
To learn more about development MHP has financed throughout the years