CMAHT Funding Guidelines for HPP priority project sponsors
The Concord Municipal Affordable Housing Trust (CMAHT) seeks to implement FY 2023-2028 Housing Production Plan production strategies to create affordable housing units in the Town of Concord, Massachusetts and advance HPP implementation priority projects by inviting applications for Trust funding on a rolling basis as each of those priority projects becomes ready to proceed.
In coordination with its Concord Housing Roundtable partners, CMAHT will
- maintain and periodically update a list of priority production projects for which the Trust would allocate or reserve available and projected Trust funds;
- invite priority project sponsors to complete and submit to the Trust an “Application for CMAHT Funding” on a rolling basis as each project become ready to proceed;
- review such applications with the assistance of Town staff with comments from all affected Town departments, and provide opportunity for input from all Roundtable partners and the public;
- negotiate the terms of a grant award for each successful applicant; and
- monitor project progress through completion.
On September 26, 2023, CMAHT adopted the funding guidelines, application and instructions linked below:
More information about the Trust is available online or by contacting CMAHT@concordma.gov
The Concord Housing Roundtable is comprised of the Select Board, Concord Housing Authority, Concord Housing Development Corporation, Concord Housing Foundation, Concord Municipal Affordable Housing Trust, Community Preservation Committee, and Planning Board, convened quarterly by the Regional Housing Services Office, per HPP Strategy #22