Paine Hollow Road, Wellfleet

ANTICIPATED OCCUPANCY TBD

The rental homes at Paine Hollow Road in Wellfleet will be developed and managed by CHR as new construction of 8 rental homes on 4.96 acres with 3 acres dedicated as open space. All units are single level living either fully ADA compliant or visitable.

Wellfleet awarded CHR designate developer status in 2006.  CHR has pursued and obtained Conservation Commission approval and has sustained an abutter legal challenge.  Other regulatory and funding approvals are being pursued.

Total Public Subsidy (in process)
Wellfleet CPA
$175,000 (committed)

Barnstable County
$200,000 (conditioned on award of necessary additional resources)

Commonwealth of Massachusetts Department of Housing and Community Development
TBD

Other Sources TBD as necessary

Project Affordability
100%

Construction Lender
TBD