October
13
2011
CHATHAM --- The town's affordable housing trust fund committee has approved the use of $345,000 to acquire 3.5 acres and help the Chatham Housing Authority begin the development of five affordable homes. Of this total, $300,000 will be used to purchase the West Chatham property and $45,000 will be used for predevelopment work needed to clear the way for a nonprofit developer to come in and build on the site. The town's trust fund is supported mostly with funds raise through the town's Community Preservation Act.
