CPA Projects – Detailed Report


Project Information
First Time Homebuyer Program Led by Chelsea Restoration Corporation
Chelsea
53843
57
Chelsea Restoration Corporation seeks funding to continue their First Time Homebuyer Program, with the goal of increasing the homeownership rate for low income households across Chelsea. This program will prepare participants to become homeowners and potential landlords. The grant will prepare 60 low income Chelsea families to purchase their first home through workshop coordination/presentation and both pre- and post-purchase counseling in both Spanish and English.
Project in progress
01-10-2023
Project Category
  Yes      
Project Details
Housing Units
0
30
30
Acres
0
0
0
0
 
0
0
CPA Funding
$0
$100,000
$0
$0
$0
$100,000
$0
0
Yes  
$0
Other Funding Sources Leveraged
$0
$0
$0
$0
$47,500
Mass Division of Banks secured $40,000. Santander Bank secured $5,000. East Cambridge Savings Bank is pending $2,500.
Total Project Cost
$147,500
$47,500
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