ANTICIPATED OCCUPANCY FALL 2013
The rental homes at Paine Hollow Road in Wellfleet will be developed and managed by CHR, serving 7 low and moderate income households.
Wellfleet awarded CHR designate developer status in 2006. CHR has pursued and obtained Conservation Commission approval and has sustained an abutter legal challenge. Regulatory approvals through the Wellfleet Planning Board will be pursued in 2012.
7 Rental Residences
- 4 – One Bedroom Units
- 2 – Two Bedroom Units
- 1 – Three Bedroom Units
Total Public Subsidy
Wellfleet CPA
$175,000 (committed)
Barnstable County
$100,000 (required)
Commonwealth of Massachusetts Department of Housing and Community Development
$700,000 (required)
TBD
$100,000 (required)
Project Affordability
100%
Construction Lender
TBD
