Mountain View Apartments CO Hap Inc

21 Campus Plaza Rd, Hadley, Massachusetts 01035

Contact Mountain View Apartments CO Hap Inc

Acquisition and rehabilitation of a 25-unit elderly housing project
Housing Stabilization Funds, assumption of original USDA Rural Development mortgages
Purchased and rehabilitated in 2003

Mountain View Apartments CO Hap Inc Details

25 bedroom units.
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.