Two Affordable Housing Developments and Church Recommended for Community Preservation Act Funding
Two affordable housing developments and a local church were among 52 projects that were recommended to receive Community Preservation Act funding. Mayor Michelle Wu and the city's Community Preservation Committee's recommendations totaled more than $27 million in grants. The two affordable housing projects recommended to receive funding are:
Stonley-Brookley -- $1,975,000 to partially fund the creation of 45 mixed income-restricted homeownership units in a new development. Community Preservation funds will support the 32 affordable units ranging from 80% to 100% Area Median Income (AMI). 127 Amory St.