Barstow Village funding approved

Dear fellow Hanoverians:

Thanks to Representative Nyman’s (that has a nice ring to it, don’t you
think?!) office for providing the following information:

STATE FUNDING APPROVED FOR HANOVER’S BARSTOW VILLAGE

66-unit complex to bolster housing opportunities for seniors, create
construction jobs

(State House, Boston) – As part of a $71 million state pledge to build and
preserve 1,642 housing units throughout Massachusetts, Governor Deval
Patrick, in partnership with Hanover State Representative Rhonda Nyman and
Congressman Bill Keating, announced that a total of $3.3 million has been
awarded to move forward construction plans for the proposed Barstow Village
senior housing project on Legion Drive in Hanover.

The announcement was made by the Governor on Wednesday, February 16th.

"Thanks to the work of so many people, Hanover’s Barstow Village is one step
closer to becoming a reality for our community," said Representative Nyman.
"For the past few years, members of the Hanover Housing Authority have
worked tirelessly with local partners to advance this project. The funding
approved by the state this week will surely help bolster housing
opportunities for our seniors and put our neighbors in the construction
industry back to work."

Under the announcement, EA Fish Development, the project developer hired by
the Hanover Housing Authority, will use $1 million in federal low-income
housing tax credits and an additional $2.3 million in program subsidies made
available by the state’s Department of Housing and Community Development to
construct 66 new units of affordable rental housing for residents 62 years
of age or older. 10 of the units will be reserved for extremely low-income
households.

The project is also expected to generate 72 construction jobs.

For more information about Barstow Village, please visit the website at:
http://www.barstowvillage.com.

For "Around Town on the Web",

Cathy H-B

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