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Select Board backs Locust Field affordable-housing proposal that would create 40 rental units and homeownership opportunities
Summary
Town staff recommended and the Select Board approved moving forward with disposition of the town-owned 0 Locust Field parcel after an RFP produced a proposal for 40 rental units plus six homeownership units and three duplexes, with a mix of project-based vouchers and AMI tiers.
Town Manager Mike Rentshaw described the recommended proposal for the town-owned 0 Locust Field parcel, which the board said came out of a reviewed RFP process. Rentshaw said the proposal—submitted as a joint venture by Falmouth Housing Corporation, Affirmative Investments Incorporated and Falmouth Housing Trust—would create about 40 rental…
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