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Select Board approves $1.5M award to Habitat for Humanity for 14 affordable homes on Benjamin Nye Road

Falmouth Select Board · September 23, 2024
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Summary

The Select Board unanimously approved a $1.5 million 0% loan to Habitat for Humanity of Cape Cod for land acquisition and construction at 48 Benjamin Nye Road, structured as $250,000 for acquisition and $1.25M for construction to create 14 deed‑restricted homes at ~60–80% AMI.

The Falmouth Select Board unanimously approved a $1.5 million award from the Falmouth Affordable Housing Fund on Sept. 23 to Habitat for Humanity of Cape Cod to support a 14‑home project at 48 Benjamin Nye Road.

Town staff said the request comprises $1.5 million toward land acquisition for a 7.5‑acre parcel; the board approved a motion,…

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