Housing Headlines

FALMOUTH --- The Falmouth Housing Corporation recently received a $1 million loan from the state's Affordable Housing Trust Fund to help construct 39 new units of housing. The Veterans' Park Apartment units are reserved for residents that are 55 or older with nine units designated as affordable for people earning at or below 30 percent of the area median income (AMI). Construction is set to begin on the complex in June.

LUNENBURG ---Construction recently began on the first phase of the 204-unit Tri-Town Landing 40R development off Summer Street. The first phase of the project involves the new construction of 66 housing units, 60 of which will be reserved for low-income residents. Developers estimate that the first phase of construction will be complete within a year.

CHELMSFORD --- The Chelmsford Housing Authority (CHA) recently proposed to ask Town Meeting representatives to appropriate $400,000 in Community Preservation funds to help build an eight-unit affordable housing duplex for veterans. The project, to be located at 9 Manahan Street, would create a first-and second-floor unit, each with four bedrooms and a shared living space.

HARVARD --- Developer Lou Russo recently received news that his proposed affordable rental project, located at 196 Ayer Road, will receive over $2.7 million in state and federal financing. The Bowers Brook Housing for Senior project will consist of 42 rental units, all of which will be available to moderate-income senior and citizens with special needs. Russo expects construction to begin later this year.

WALTHAM --- The Community Preservation Committee (CPC) recently approved $400,000 to supplement development costs on the renovation of an old factory building into affordable housing. The developers, Waltham Alliance to Create Housing (WATCH), plan on converting the former Beacon Valve factory at 2 Jackson Street into six, two-bedroom rental units, all affordable to residents earning below 60 percent of the area median income (AMI). The project still needs to receive state approval as well as approval from the local zoning board.

PROVINCETOWN --- The affordable housing development company, Community Builders, says it will once again apply to the state for tax credits to fund the development of 50 units of affordable rental housing.