2022 North & West of 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.

Ashland: The Ledges

Sponsor: EA Fish & Planning Office of Urban Affairs
Details: 64 affordable senior apartments
MHP loan: $2.6M
More: Local funds, zoning paved way

Beverly: 2 Hardy St.

Sponsor: Harborlight Homes
Details: 6 affordable apartments
MHP loan: $820,000
More: Small scale, deep affordability

Beverly: Anchor Point Phase 1

Sponsor: Harborlight Homes
Details: 38 affordable apartments
MHP loan: $3.2M
Twitter: Partners share magic moment

Brookline: JFK Crossing

Sponsor: 420 Harvard Associates LLC
Details: 25 mixed-income apartments
MHP loan: $14.7M

Gloucester: Harbor Village

Sponsor: North Shore CDC
Details: 30 affordable apartments
MHP loan: $3.6M
More: Used our green incentives

Haverhill: Gerson Building

Sponsor: Veterans NE Outreach Ctr. & Coalition for a Better Acre
Details: 44 affordable apartments
MHP loan: $2.8M
More: Furniture store site now homes for vets

Lawrence: Essex Street

Sponsor: Gr. Lawrence Community Action Council
Details: 39 affordable apartments
MHP loan: $3.4M
Friedman: Economic stability the goal

Reading: Schoolhouse Commons

Sponsor: Equitable Reading Housing
Details: 20 mixed-income apartments
MHP loan: $3.4M

Salem: Salem Heights

Sponsor: Preservation of Affordable Housing
Details: Preservation of 283 affordable apartments
MHP loan: $32.1M
More: Rehab includes green, digital upgrades