Developments > Lower Liberty
On a limited basis, MHIC provides lines of credit to established borrowers, to help customers move quickly to preserve a property at risk. HAP, Inc, a regional housing agency serving the Pioneer Valley, used this line of credit as a bridge to finance various projects with commitments for HOME funds, such as the Lower Liberty project.
Lower Liberty
Project at a Glance:
Location:
Springfield
Development Type:
Ownership
MHIC Financing:
$208,800 in debt financing
Sponsor:
Way Finders
Number of Units:
7
On a limited basis, MHIC provides lines of credit to established borrowers, to help customers move quickly to preserve a property at risk. HAP, Inc, a regional housing agency serving the Pioneer Valley, used this line of credit as a bridge to finance various projects with commitments for HOME funds, such as the Lower Liberty project.