Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > West Barnstable Communities

West Barnstable Communities



Project at a Glance:
Location:
Barnstable
Development Type:
Rental
Project Type:
New construction, 40B
MHIC Financing:
$5,795,420 in LIHTC financing
Sponsor:
Housing Assistance Corporation
Number of Units:
40
Date Completed:
7/08/2009

This Cape Cod community now has 40 new units of affordable rental housing on two different parcels of land. The project involved construction of 28 units of family housing on a site adjacent to the town’s YMCA, and 12 units of housing for the elderly on a site a short distance from the village of West Barnstable. This project was developed under Chapter 40B, the state zoning law that encourages affordable housing construction.