CPA Projects – Detailed Report

Replenishes the existing Community Housing Program Fund for the acquisition, creation, preservation, and support of community housing in the Town of Acton.  Example expenditures include the purchase or subsidy of Acton Housing Authority’s low income rental units; selling price, closing cost, mortgage payment and other subsidies to first time homebuyers of affordable units; capital improvement assistance for affordable units; funding and grant support of housing studies and plans; and pre-development funding for affordable rental projects.