YWCA Residences astatine Ingalls Court successful Methuen volition big 48 affordable homes acknowledgment to national and authorities low-income lodging taxation credits and subsidy funds, including American Rescue Plan Act.
The assistance was announced by Gov. Charlie Baker portion helium was successful Haverhill yesterday to observe his pro-housing policies implicit the past 8 years. When completed, the task volition connection 48 full lodging units. All volition beryllium affordable to households earning little than 60% of country median income, with 16 units further restricted for households earning little than 30% and, successful immoderate cases, transitioning from homelessness.
Housing and Community Development Undersecretary Jennifer Maddox said, “Here successful Haverhill, we tin spot however caller lodging invigorates neighborhoods and supports section downtowns. In concern with our quasi-state agencies, MassHousing, CEDAC and Massachusetts Housing Partnership, we are anxious to enactment with municipalities to leverage our authorities and national resources, caller zoning reforms, and accrued section momentum for caller lodging and amenities.”
According to the state, Methuen’s YWCA Residences is sponsored by the nonprofit YWCA of Greater Newburyport. The authorities Department of Housing and Community Development is providing $93.4 cardinal successful nonstop assistance and $33 cardinal successful authorities and national lodging taxation credits statewide to enactment the improvement of 790 lodging units crossed 14 projects.