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Worcester Affordable Housing Trust seeks $1.5 million in CPA pilot funding to build deeper-affordability units
Summary
The Worcester Affordable Housing Trust on Thursday asked the Community Preservation Committee (CPC) for $1,500,000 in Community Preservation Act funding to seed a grant program expected to support roughly 30 new affordable rental and homeownership units for households earning up to 80% of area median income, prioritizing deeper affordability at 30–60% AMI.
The Worcester Affordable Housing Trust on Thursday asked the Community Preservation Committee (CPC) for $1,500,000 in Community Preservation Act (CPA) funding to seed a grant program that the trust says would support roughly 30 new affordable homeownership and rental units for households earning up to 80% of the area median income, with priority for deeper-affordability units at 30–60% AMI.
The request came during the CPC’s second public hearing on CPA applications. Jeanette Tozer, the city’s Affordable Housing Trust Fund manager, told the committee that CPA dollars would be used as part…
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