To study the benefits of establishing an Equity Conversion and Homeownership program which would potentially allow the town to purchase part of the value of a home at current market rates from income-eligible homeowners, providing financial assistance to the homeowner and providing a means by which to allow the property to be sold in the future at an affordable price.
Project cancelled
04-28-2003
Project Category
Project Details
Housing Units
0
0
0
Acres
0
0
0
0
0
0
CPA Funding
$0
$10,000
$0
$0
$0
$10,000
$0
0
$0
Other Funding Sources Leveraged
$0
$0
$0
$0
$0
Total Project Cost
$10,000
$0
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