CPA Projects – Detailed Report

Under the direction of Billerica’s Affordable Housing Trust, the Billerica Housing Authority (BHA) will pursue the purchase of affordable housing units. As a provider of safe, decent and affordable housing opportunities for residents, the BHA and Affordable Housing Trust will use CPA funding to help build a reserve to be used as “seed” funds/deposit for new family and elderly housing opportunities for Billerica residents in need. The project supports the CPC’s plan for ensuring long range affordability for residents, can help achieve the goal to develop rental and ownership options for senior citizens, disabled residents and veterans laid out in Billerica’s Housing Production Plan.