Rockport Affordable Housing Trust Meeting Tonight Apr 18

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Rockport Affordable Housing Trust
Date & Time: Tuesday, April 18, 2023 @ 7:00 pm
Place: Town Hall Annex
Room: Conference Area

Affordable Housing Trust Fund (AHTF) is a mechanism created by state government to improve fudning for affordable housing in MA. It is described on https://www.mass.gov/service-details/affordable-housing-trust-fund-ahtf as ‘

The Affordable Housing Trust Fund has been structured to ensure that many different types of organizations are eligible to receive financing.

Eligible Applicants

Eligible applicants include:

  • Governmental subdivisions
  • Community development corporations
  • Local housing authorities
  • Community action agencies
  • Community-based or neighborhood-based non-profit housing organizations
  • Non-profit organizations
  • For-profit entities
  • Private employers

The basic guidelines for the trust funds can be found at https://www.mass.gov/files/documents/2016/07/wm/ahtfguide.pdf

‘The Funds The Massachusetts Affordable Housing Trust Fund (AHTF) was created with the enactment of
Section 227 of Chapter 159 of the Acts of 2000, now known as Chapter 121D of the
Massachusetts General Laws (the Statute). The AHTF is designed to provide resources to create
or preserve affordable housing throughout the state for households whose incomes are not more
than 110% of median income, as determined by the U.S. Department of Housing and Urban
Development (HUD).’ https://www.mass.gov/files/documents/2016/07/wm/ahtfguide.pdf

Recordings of previous meetings and fora on affordable housing on Cape Ann can be found at https://www.youtube.com/results?search_query=1623+studios+affordable+housing&sp=CAI%253D

The Rockport Democratic Town Committee recommends attendance.