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Rawley Park workforce housing project needs roughly $900,000 to close funding gap

Economic Development Authority of Middlesex County · February 9, 2026
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Summary

Bay Aging said Rawley Park would deliver 24 units (five targeted at up to 80% AMI) but still faces a funding shortfall of about $900,000, according to a Feb. 9 EDA presentation.

Alan Walker of Bay Aging updated the EDA on Rawley Park, describing a proposed 24‑unit workforce housing project that would reserve five units for households at up to 80% of area median income. Walker told the board the project has a funding gap of roughly $900,000 and outlined the need to identify additional funding sources to close that gap.

Board members asked clarifying questions about funding sources and next steps; no board action was taken at the Feb. 9 meeting and staff said they will continue to seek funding and report back to the EDA in subsequent meetings.