North Andover Affordable Housing Trust Laurie Burzlaff chair First - PowerPoint PPT Presentation

North Andover Affordable Housing Trust Laurie Burzlaff chair

First created trust in 1988 Passed CPA 2001 Sequence at 3% Replaced original trust with MAHT 2006

Home Ownership Program Partnership with Bread and Roses Housing in Lawrence.

New Construction North Andover MAHT’s 3rd project with Bread and Roses. Home renovations for the 4 th and 5 th projects beginning this fall.

Community CPA Preservation Act $100,000 per year Funding Continuing Care Retirement Center Edgewood Sources $800,000 Merrimack 40B Condos $195,000

Past Housing Investment Stevens Corner 42 units of family rental Past nursing home Redeveloped by non ‐ profit NOAH CPC contributed $1,350,000

Questions?