Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Hubbard Trust

Hubbard Trust



Project at a Glance:
Location:
Boston, Cambridge
Development Type:
Rental
MHIC Financing:
$415,000 in debt financing
Sponsor:
David Aposhian
Number of Units:
7

The owner/developer of this project, David Aposhian, used MHIC's permanent first mortgage loan in 1998 to refinance 3 buildings on 2 properties, one in Cambridge and one in Jamaica Plain.