The Loop at Mattapan Station Update 11/10/20

$5.7M Construction Loan Pulled for Mattapan Station Development

Mattapan Station 4, LLC - an affiliate of the Preservation of Affordable Housing (POAH), secured a loan from Bank of America for $5,777,242 for the construction of 144 new residential units across two buildings after closing on the property.

Phase 1 of the approved mix-use development project, located adjacent to the Mattapan Red Line MBTA station, would construct a five-to-six-story building featuring 135 mixed-income apartment residences, 10,000 square feet of ground-floor retail and a 2,000-square-foot community room.

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