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Worcester Affordable Housing Trust asks CPC for $1.5 million to seed affordable housing grants
Summary
The Worcester Affordable Housing Trust requested $1.5 million in Community Preservation Act (CPA) funding to create a grant program for roughly 30 income‑restricted rental and homeownership units, prioritizing deeper affordability at 30–60% AMI and aiming to leverage state and federal funding.
The Worcester Affordable Housing Trust asked the Community Preservation Committee on June 12 for $1.5 million in CPA funding to create a grant program aimed at producing about 30 rental and homeownership units for households earning up to 80% of area median income, with priority for deeper affordability at 30–60% AMI.
The request was presented by Jeanette Tozer, Affordable Housing Trust Fund manager, who said the CPA dollars would be part of a complex financing stack used to make projects feasible and to signal local commitment when developers apply for…
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