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Commissioners approve $1.457 million ARPA grant for 43‑unit Cloverleaf Truro project
Summary
Barnstable County authorized a $1,457,057 ARPA grant to Community Housing Resource Inc. to fund a portion of construction for the 43‑unit Cloverleaf Truro mixed‑income rental project; commissioners questioned per‑unit costs and were told the project uses multiple state and federal subsidies and an on‑site wastewater system.
The Barnstable County Board of Regional Commissioners on Sept. 25 authorized a $1,457,057 grant from county ARPA funds to Community Housing Resource Inc. to support construction of the 43‑unit Cloverleaf Truro rental project at 22 Highland Road in North Truro.
Reenie Hammond, home program manager, summarized the proposal and said the site will include a 16‑unit building plus townhouse‑style units for a total of 43 units, with a mix of area median income (AMI) tiers: units at 30%, 60% and 80% AMI, four units up to 110% AMI and four market‑rate units. "It's a total of 43 units... AMI units at 30%, 60%, 80%," Hammond said.
Hammond and Tiffany Lauren, development project manager with Community Builders, outlined financing for the project and multiple funding sources. Hammond said developer deferred fees, federal and state Low‑Income Housing Tax Credit proceeds, and contributions from the Executive Office of Housing and Livable Communities and MassHousing are part of the capital stack; she summarized contribution lines including an EOHLC award and MassHousing assistance. "The developers are lending $2,500,000 into the project," Hammond said; she also described other grants and funding that together support the project.
On utilities, Lauren said the town secured a MassWorks grant to extend municipal water to the site but there is no municipal sewer; the development will include an on‑site wastewater treatment plant that is under peer review with the town's consultant. "The development will include the installation of a wastewater treatment plant, which... is currently in peer review with the Town of Truro's consultant," Lauren said.
Several commissioners pressed staff on the total budget and per‑unit subsidy; participants cited a total project budget in the neighborhood of $39 million and noted per‑unit costs approaching $900,000–$1,000,000. Hammond said construction costs have risen sharply and the project includes ongoing income verification and lottery procedures for unit selection.
The board approved the grant by voice vote; staff said the developer is finalizing closing steps and the award will help complete financing for the project.
Next steps: staff will proceed with execution of the grant agreement and closing activities with Community Housing Resource Inc. and project partners.
