Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Darrell Drive

Darrell Drive



Project at a Glance:
Location:
Randolph
Development Type:
Rental
MHIC Financing:
$292,000 in debt financing
Sponsor:
Mental Health Programs, Inc.
Number of Units:
4

This 2001 loan financed the acquisition of a 4-bedroom, one-story, ranch-style single family residence to house 5 individuals with mental health, mental retardation, and/or medical assistance needs. The developer of this property leases it to Mentor, Inc., an organization which provides services to people who need support and rehabilitation.