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Southborough committee discusses preserving naturally occurring affordable housing, staffing, and grant opportunities
Summary
Committee considered tools to preserve naturally occurring affordable housing (NOAH), the potential for town acquisition or incentives, staffing needs for the Housing Trust, and pursuing Housing Choice designation to leverage state resources.
The Housing Trust discussed preservation strategies for naturally occurring affordable housing (NOAH), possible incentives or acquisitions, and capacity-building measures for the Trust.
Sarah Brent described an analysis using assessed value, sale dates and building dates to identify likely NOAH. She reported “there are a 191 total single family homes” at or below an assessed value threshold aligned with affordability near 80% area median income, and noted only “31 were last purchased at least 30 years ago…
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