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Lowell trust to circulate funding application and pursue RFP/NOFA for remaining funds
Summary
The Lowell Affordable Housing Trust Fund voted to circulate a draft funding application and instructed staff to develop an RFP/NOFA process and options for allocating roughly $2.8 million remaining in the Trust, with staff pre-qualifying applications for board review.
The Lowell Affordable Housing Trust Fund voted Dec. 17 to circulate a draft Affordable Housing Trust funding application to board members and asked staff to return with a proposed request-for-proposals (RFP) or notice of funding availability (NOFA) and options for allocating the Trust's remaining funds.
George Colores, the Trust administrator, presented a draft funding application and offered…
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