2022 Central & Western Mass

MHP offers a variety of capital sources to provide permanent financing for affordable rental housing. Since 1990, we have provided over $1.9 billion for the financing of over 30,000 apartments. This gallery highlights some of the efforts we’ve financed in the last five years. For more information, contact MHP’s Nancy McCafferty or Alma Balonon-Rosen.

Amherst: North Square 

Sponsor: Beacon Communities
Details: 130 mixed-income apartments
MHP loan: $21.1M (more details)
Video: Beacon shares opening with Gov. Baker

Auburn: Mary Stone Apartments

Sponsor: Pennrose
Details: 55 mixed-income senior apartments
MHP loan: $1.8M
More: Historic rehab honor for Pennrose

Holyoke: Lyman Terrace

Sponsor: The Community Builders
Details: Rehab, preservation of 164 public housing units
MHP loans: $6.8M
More: National recognition for healthy features

Holyoke: Library Commons

Sponsor: Wayfinders
Details: 38 affordable apartments
MHP loan: $550,000
Video: Resident delivers best ‘elevator’ speech ever

Leominster: Carter School

Sponsor: NewVue Communities
Details: 39 mixed-income apartments
MHP loan: $500,000

Southbridge: Wells School

Sponsor: Winn Development & Arch Communities
Details: 62 mixed-income apartments for seniors
MHP loan: $400,000
Video: Resident thankful for much-needed housing

Springfield: E. Henry Twiggs

Sponsor: Better Homes Inc
Details: Preservation of 75 affordable apartments
MHP loan: $2.7M

Springfield: Mason Square Phase II

Sponsor: First Resource Companies
Details: 60 affordable apartments
MHP loan: $650,000
More: Mason Sq. page from city’s Black history

Uxbridge: Blanchard School

Sponsor: Blanchard Memorial Housing Assoc. & Jon Juhl
Details: 25 mixed-income apartments
MHP loan: $250,000

Worcester: Fruit Sever Apartments

Sponsor: The Community Builders
Details: Preservation of 132 affordable apartments
MHP loan: $6.6M
More: Resident lesson on city’s musical roots