CPA Projects – Detailed Report


Project Information
Scotts Grove Affordable Rental Housing Project
West Tisbury
44836
327
Affordable Rental Housing on Town Owned Land ground leased to Island Housing Trust to develop 9 apartments for renters earning 80% or less of the area wide median income.
Project in progress
11-01-2016
Project Category
  Yes      
Project Details
Housing Units
9
0
9
Acres
0
3
0
0
 
0
3
CPA Funding
$0
$957,500
$0
$0
$0
$1,457,500
$500,000
10
Yes  
$0
Other Funding Sources Leveraged
$0
$124,000
$900,000
$0
$575,000
mortgage with Rockland Trust Bank
Total Project Cost
$3,056,500
$1,599,000
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