US EditionAffordability for Senior Residents Living at Independence Manor II in Braintree Extended for 20+ Years With $8.7M in MassHousing Financing
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Affordability for Senior Residents Living at Independence Manor II in Braintree Extended for 20+ Years With $8.7M in MassHousing Financing
MassHousing has closed on $8.7 million in financing to extend affordability for more than 20 years for senior citizens and disabled residents living at the 50-unit Independence Manor II in Braintree. Independence Manor II LLC refinanced the property through MassHousing’s Multifamily Accelerated Processing (MAP)/Ginnie Mae Joint Venture program with partner lender Rockport Mortgage Corporation. The […] The post Affordability for Senior Residents …
MassHousing Extends Affordability at Braintree Seniors Complex
MassHousing has closed on $8.7 million in financing to extend affordability for more than 20 years for senior citizens and disabled residents living at the 50-unit Independence Manor II in Braintree. Independence Manor II LLC refinanced the property through MassHousing’s Multifamily Accelerated Processing (MAP)/Ginnie Mae Joint Venture program with partner lender Rockport Mortgage Corporation. Built in 1981, the 50 one-bedroom units at the fiv…
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