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Trinity and WCHA seek $250,000 in Trust funding to unlock $146M Curtis Apartments phase 2 financing
Summary
Trinity Financial, partnered with Worcester Housing Authority, requested $250,000 from the Trust Fund to replace 114 apartments with 150 new units in Curtis phase 2; presenters said the funds would replace HOME funds and avoid triggering Build America Buy America rules on the larger financing package.
Trinity Financial, working with the Worcester Housing Authority, requested $250,000 from the Affordable Housing Trust Fund to replace a previously awarded HOME fund allocation for phase 2 of the Curtis Apartments redevelopment.
Vivian Lee, Trinity Financial, said the $250,000 would allow the project to proceed without the HOME funds that became subject to Build America Buy America (BABA) requirements. “Out of all $146,000,000…
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