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.

Allston: Long Glen Apartments

Sponsor: Allston Brighton Community Development Corporation
Details: Preservation of 59 affordable rental apartments
MHP Loan: $2.3M
More: Refinance of apartments to preserve affordability

Boston: 15-25 Hemenway

Sponsor: Fenway Community Development Corporation
Details: Preservation of 24 mixed-income apartments
MHP Loan: $1.1M

Boston: Dudley Terrace

Sponsor: Dorchester Bay Economic Development Corp.
Details: Preservation of 56 affordable rental apartments
MHP Loan: $5.3M

Boston: Victoria Apartments

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

Cambridge: Frost Terrace

Sponsor: Capstone Communities & Hope Real Estate
Details: 40 affordable apartments
MHP loan: $5.2M
More: TOD family development celebration

Dorchester: Hope Apartments

Sponsor: Nuestra Comunidad
Details: Preserve 40 affordable apartments
MHP loan: 1.28M
More: Preserving affordability at scattered site in Dorchester

Hyde Park: The Pryde

Sponsor: Pennrose
Details: 74 mixed-income apartments
MHP loan: $6.7M commitment
More: The Pryde Ribbon Cutting

Roxbury: Brook Ave. Co-op

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

Looking for an affordable rental unit? 

Visit Housing Navigator Massachusetts

To learn more about development MHP has financed throughout the years 

Visit our Project Portfolio