Placentino/Miller Book Fair - Oct. 20th and 21st
Town Meeting next week - Monday, Oct. 27th
Holliston over Medfield 26 - 14
Sgt Denman is now Lt Denman

Holliston Housing Trust Sells Affordable Condominium

by Greg Carey
April 7, 2013


The Holliston Housing Trust (HHT) announced that it has renovated and sold a two bedroom condominium, located on Burnap Road in Holliston, as an affordable housing unit. 

The HHT acquired the condominium from the Town of Holliston in 2012 after the Town had foreclosed on the property for unpaid real estate taxes. 

The Trust awarded a contract to complete extensive renovations at the condominium to the Holliston Housing Development Corporation (HHDC), a not for profit corporation based in Holliston that was involved in the development of Cutler Heights.  A public lottery was held earlier this year and the buyer was selected from the lottery.  As an added benefit, the selected buyer was a local family which was not a requirement of the program.  The purchase price for the affordable condominium was $59,900.   A deed restriction placed on the property will ensure that the condominium remains an affordable unit in perpetuity. Proceeds from the sale of the unit will be reinvested in other Trust sponsored initiatives.  

“The Trust is delighted to have created this affordable housing unit, which will be added to the Town of Holliston’s affordable housing inventory,” stated Bryan Clancy, Chairman of the Holliston Housing Trust.  “We are especially grateful to the Board of Selectmen, as well as Sam Tyler and the Holliston Community Preservation Committee, without whose support and funding for this project would not have been possible.”  Clancy also credited the HHDC with completing construction renovations of the housing unit on time and on budget, for successfully managing the housing lottery selection process and for working with the buyer to complete the sale.

The Holliston Housing Trust was established in 2010 for the purpose of preserving and creating affordable housing in Holliston for the benefit of low and moderate income residents.  The Trust currently has a cash grant program available to qualified low and moderate income residents interested in homeownership.  For more information about the affordable homebuyer’s grant program, contact Beth Rust at rustb@sudbury.ma.us, or call 978-639-3388 or visit the website at http://sudbury.ma.us/departments/HousingTrust/news3987/ for more information.

 

Posted in Politics, Neighborhood, Marketplace, News.

E-mail This Article

Comments (0)

Advertisement

Advertisement

Recent Articles by :

Sorry, the recent articles are not available at this time.

Advertisement

Recent Articles in Politics:

Agricultural Commission to Plant Cranberries this Sunday

by Bobby Blair

Continue ...

Sgt. Craig Denman Sworn in as Department's Newest Lieutenant

by Bobby Blair

Denman who is a humble man by nature was no less so in thanking fellow police officers and Selectmen who filled the standing room only Selectmen's room and outside hallway. Lorraine Denman pins her husbands new badge while Town Clerk Liz Greendale looks on.

[Comments:4]

Continue ...

xSgt. Craig Denman Sworn in as Departments Newest Lt.

by Bobby Blair

Denman who is a humble man by nature was no less so in thanking fellow police officers and Selectmen who filled the standing room only Selectmen's room and outside hallway.

Continue ...

CPC Gives Tentative Thumbs Up to Two Proposals

by Bobby Blair

[Comments:4]

Continue ...

The People's House: The White House

by Charlie Collie

There was no ceremony in 1792 to mark the construction of the White House, but on October 13th of that year, the building of what is today, the most ceremonial place in America began. The first President to live in the White House was John Adams of Quincy, Massachusetts. Three other sons of Massachusetts, John Quincy Adams, John F. Kennedy, and George H. W. Bush have lived there as well. Today, October 13th, we celebrate the building of the White House. The original design for the White House by French architect and civil engineer Pierre Charles L’Enfant called for it to be modelled after the Palace of Versailles, but after a six year war for Independence from England and yet another war with England thirty years later in 1812, the White House, the future home of the Presidents would, not even remotely, be based on a “palace” design.

[Comments:1]

Continue ...

Advertisement