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Affordable housing advocates ask CPC to extend CPA funds for quick-response housing projects
Summary
The committee reviewed a request from the Northborough Affordable Housing Corporation to set aside or extend $500,000 in CPA funds for small, quick-response affordable housing projects; members debated rental assistance versus building permanently deed-restricted units and discussed local parking constraints for downtown development.
The Town of Northborough Community Preservation Committee on Nov. 25 considered a request from the Northborough Affordable Housing Corporation (NAHC), filed by Rick Leith (identified in the application as treasurer), to extend CPA funds previously granted or to set aside $500,000 to allow NAHC to move quickly on small affordable-housing opportunities.
Ray Carlson (committee member) summarized the proposal’s rationale: local demand for affordable housing remains high and having a flexible fund would allow the NAHC and town to act faster on small property…
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