2022 Greater Boston

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.

Boston: Victoria Apartments

Sponsor: Inquilinos Boricuas en Acción
Details: Preserve 190 affordable apartments
MHP loan: $50M
More: Early example of CDC success

Brighton: Weinberg House

Sponsor: 2Life Communities
Details: 62 affordable apartments for seniors
MHP loan: $2.25M

Cambridge: Frost Terrace

Sponsor: Capstone Communities & Hope Real Estate
Details: 40 affordable apartments
MHP loan: $5.2M

Cambridge: Jefferson Park

Sponsor: Cambridge Housing Authority
Details: 104 affordable apartments
MHP loan: $12.29M permanent loan

Dorchester: Hope Apartments

Sponsor: Nuestra Comunidad
Details: Preserve 40 affordable apartments
MHP loan: 1.28M

Hyde Park: The Pryde

Sponsor: Pennrose
Details: 74 mixed-income apartments
MHP loan: $6.7M commitment
More: LGBTQ-friendly housing a first for NE

Roxbury: Walker Park

Sponsor: Urban Edge
Details: 49 affordable apartments
MHP loan: $2.1M
More: New homes named after neighborhood activist

Roxbury: Brook Ave. Co-op

Sponsor: EA Fish Development
Details: Preserve 36 3BR apartments
MHP loan: $2 million
More: Symbol of Dudley St. revival

Roxbury: The Clarion

Sponsor: The Community Builders
Details: 39 mixed-income apartments
MHP loan: $2.8M