Rehabilitation of an existing home for a very low-income, first-time home buyer. The home is part of the state’s surplus property and will be donated, and the sponsor has placed a deed restriction on the property to maintain long-term affordability. The rehabilitation will make the property more energy-efficient, and the home buyer will be required to invest 200 hours of sweat equity. The family will receive homeownership counseling and the sponsor will offer daycare services and after-school programs. In addition to the AHP grant, Liberty Bank will provide a grant and line of credit. Approved in Round One of the 2008 AHP.

Acquisition and rehabilitation of two blighted buildings to create six units of rental housing. The properties are located adjacent to a development previously funded by the AHP. Four units will be for families with incomes at or below 50 percent of area median income and two units will be for families with incomes at or below 80 percent of area median income. All units will be three-bedroom and energy-efficient. Residents will participate in a residents’ council and the sponsor will provide after-school, weekend, and summer youth programs. In addition to the AHP grant, NewAlliance Bank will provide the permanent debt through the AHP-subsidized advance. Additional funding will be provided through state-funded grants. Approved in Round One of the 2008 AHP.

Rehabilitation and conversion of the Lawrence House into 24 efficiency rental units for individuals. The building will reserve 16 units for very low-income households, four units for low-income households, and four units for households earning between 61and 80 percent of the area median income. Eight units will be reserved for homeless households. Residents will be provided GED classes, job training and placement, and financial-literacy training. A residents’ council will offer input into management decisions. In addition to the AHP grant, Kennebec Savings Bank will provide permanent financing. Approved in Round One of the 2008 AHP.

Construction of an energy-efficient, two-bedroom home for a very low-income, first-time home buyer. The initiative is the sponsor’s third built in conjunction with Bath Iron Works, which has provided substantial fundraising, financial contributions, and volunteer labor. The land was donated by the City of Bath. Donated professional services and a zero-percent interest Habitat mortgage increase the affordability of this two-bedroom home. The home owners will receive first-time home-buyer counseling and contribute sweat equity in lieu of a cash down payment. Bath Savings Institution is providing a construction line of credit and a cash contribution. Approved in Round One of the 2008 AHP.

Construction of three energy-efficient, single-family homes for households earning at or below 50 percent of the area median income. To enhance affordability, each family will receive a 30-year, zero-percent interest mortgage. All home buyers will provide sweat equity and receive homeownership counseling and financial-planning training. One of the three lots was donated. In addition to the AHP grant, Bath Savings Institution will provide a construction line of credit. Additional funding includes home-buyer down payments and sponsor cash contribution. Approved in Round One of the 2008 AHP.

Construction of energy-efficient three-bedroom homes on a 10-acre site for first-time home buyers earning less than 80 percent of area median income. The initiative will target five homes for very low-income families and seven homes for low- and moderate-income families. Residents will be provided daycare services, homeownership counseling, and financial-literacy training, and families will participate in a homeowners’ association and the Camden Affordable Housing Committee. In addition to the AHP grant, Camden National Bank will provide some of the first mortgage debt. Approved in Round One of the 2008 AHP.

Construction of two- and three-bedroom townhouses and flats, with 25 units reserved for households earning 50 percent or less of the area median income and 16 units for households earning between 51 and 60 percent of area median income. Nine units will be handicapped accessible. The Maine State Housing Authority and sponsor will execute a Land Use Restriction Agreement stipulating that the development remain affordable for 90 years. Amenities include a walking trail, playground, and community room staffed by a part-time resident services coordinator. Residents will benefit from GED classes, daycare services, job training for home employment, and representation on the sponsor’s board of directors. The initiative will be funded with Low Income Housing Tax Credit equity, Maine State Housing Authority funds, and sponsor equity. In addition to the AHP grant, Bangor Savings Bank will provide the permanent financing through the AHP-subsidized advance. Approved in Round One of the 2008 AHP.

Construction of a two-story, 10-unit downtown residence for very low-income, homeless families. The development will consist of two one-bedroom, six two-bedroom, and two three-bedroom units along with an onsite laundry room, management office, and community room. Residents will receive supportive services, including ownership/financial-literacy counseling, daycare services, and employment, and participate in a residents’ council. The development will be constructed according to the Maine State Housing Agency’s green building standards. Both Lewiston and Auburn support the initiative and have pledged HOME funds. Additional funding comes from the Maine State Housing Agency, sponsor equity, and the Moseley Foundation. Besides the AHP grant, Androscoggin Savings Bank will provide a construction loan and permanent financing. Approved in Round One of the 2008 AHP.

Construction of energy-efficient senior housing on the site of a downtown commercial building destroyed by fire in 2003. Fifteen units will be targeted to very low-income households and nine units will be targeted to households with incomes between 51 and 60 percent of area median income. Residents will benefit from managed healthcare, access to nearby transportation, and representation on the sponsor’s board of directors. In addition to the AHP grant, Machias Savings Bank will provide a construction loan and purchase $500,000 in Low Income Housing Tax Credit equity. The initiative will also be funded with Low Income Housing Tax Credits and HOME funds from the Town of Lincoln. The land was donated by the Town of Lincoln. Approved in Round One of the 2008 AHP.

Substantial rehabilitation and conversion of a commercial building into six units affordable for four very low-income and two moderate-income households. Residents will be provided a residents’ council, managed healthcare, micro-business training, and homeownership counseling. In addition to the AHP grant, Camden National Bank will provide construction financing and an acquisition loan. Other funding sources include HOME funds from the Maine State Housing Authority, Maine Department of Economic and Community Development, and grants from private foundations. Approved in Round One of the 2008 AHP.

Acquisition and construction of 21 energy-efficient units of senior rental housing on the site of a former YMCA. Eighteen one-bedroom and three two-bedroom units will be targeted to 13 very low-income households and eight households at or below 60 percent of area median income. An onsite resident services coordinator will be available to work with residents, and supportive services will include transportation, the establishment of a residents’ council, and financial planning. Funding comes from Bangor Savings Bank, Low Income Housing Tax Credit equity, and the Maine State Housing Authority. Approved in Round One of the 2008 AHP.

Acquisition and extensive rehabilitation of three historic brownstone row houses in the South End to provide single-room-occupancy housing for 36 very low-income individuals. Thirty units will be set aside for the formerly homeless, and one additional manager’s unit will be targeted for an individual earning between 51 and 60 percent of the area median income. Green building features will enhance energy efficiency while preserving the historic elements of the building. The initiative will have an extensive social service component including 24-hour staffing. In addition to the AHP grant, Bank of America Rhode Island, N.A. will provide a construction loan to the project. Additional funding includes grants from the City of Boston HOME, Commonwealth of Massachusetts HOME funds, Housing Innovation Funds, and Neighborhood Housing Trust Funds. Approved in Round One of the 2008 AHP.

Rehabilitation of a historic Queen Anne home into 10 efficiency units for homeless at-risk youth. Six units will be reserved for very low-income individuals and four units will be reserved for individuals with incomes between 51 and 80 percent of the area median income. This two-year transitional housing initiative is designed to help youth, many of whom are aging out of the foster-care system and represent a high percentage of persons living in emergency shelters in Massachusetts. The sponsor will provide individualized services, including financial literacy and job matching. In addition to the AHP grant, Greenfield Co-Operative Bank is providing construction financing and the permanent debt. Additional funding includes the Massachusetts Housing Innovations and Stabilization Funds and the Affordable Housing Trust Fund. Approved in Round One of the 2008 AHP.

Construction of 48 new units on land adjacent to an existing YMCA facility. Sixteen units will be reserved for very low-income households and 32 units for households earning between 51and 60 percent of the area median income. Residents will provide input into property management and benefit from daycare; after-school, weekend, and summer youth programs; and self-sufficiency programs and training. The initiative will be funded by Low Income Housing Tax Credits, local and state HOME funds, Affordable Housing Trust funds, Massachusetts Housing Partnership, and sponsor equity. In addition to the AHP grant, the Institution for Savings in Newburyport and its Vicinity will provide a construction loan and permanent financing through the AHP-subsidized advance. Approved in Round One of the 2008 AHP.

Construction of two duplexes on land donated by the Lawrence Housing Authority that will create four homeownership units for very low-income families. Each three-bedroom home will meet high-performance, energy-efficient standards. All families will receive homeownership counseling and will be offered education and daycare services. Pentucket Five Cents Savings Bank will provide 80 percent of the permanent financing, Bread and Roses will provide approximately 20 percent of the permanent financing, and other funding will come from the City of Lawrence, the Stevens Foundation, and the McCarthy Memorial Trust Fund. Approved in Round One of the 2008 AHP.

Acquisition and rehabilitation of an existing building to provide eight units of energy-efficient housing for very low-income individuals with special needs. The sponsor will provide employment training, employment, transportation services, and other supportive services to encourage resident involvement in the community. In addition, 24-hour staff will be available to facilitate interaction, ensure safety, and support skill training and reinforcement. Brookline Bank will provide long-term financing with the AHP-subsidized advance. Approved in Round One of the 2008 AHP.

Acquisition and minor renovation of a foreclosed three-family property with seven single-room-occupancy units to preserve the existing transitional housing program serving disabled, homeless, very low-income adults. Residents will be referred from a homeless shelter operated by Market Ministries, and the program will provide financial literacy, ESL, and GED classes, and a residents’ council. This initiative adheres to smart-growth principles, including land reuse, access to public transportation, and energy-efficiency, and will contribute to public safety through a crime watch. Rockland Trust Company will provide the AHP-subsidized advance to reduce the mortgage to a sustainable debt service level. Approved in Round One of the 2008 AHP.

Construction of 32 one-bedroom and five two-bedroom apartments for seniors on a senior campus created by the Chelmsford Housing Authority. Twenty-four units will be reserved for households who earn less than 50 percent of area median income and the remaining 13 units will be reserved for households earning between 51 and 60 percent of area median income. This housing model will address the unique needs of low-income elders who need assistance to continue living independently. All residents will benefit from transportation, elder daycare, and managed healthcare. The initiative will be funded with Low Income Housing Tax Credits and Massachusetts Department of Housing and Community Development funds. In addition to the AHP grant, Enterprise Bank and Trust Company will provide a construction loan and permanent financing through the AHP-subsidized advance. Approved in Round One of the 2008 AHP.

Construction of two townhomes on donated, formerly brownfield land to create ownership opportunities for very low-income, first-time home buyers. This initiative represents the first phase of a six-unit subdivision. The sponsor is partnering with Smith Vocational High School for construction, and the new home owners will provide sweat equity and receive employment training, financial literacy, and micro-business lending. The “green” townhomes will include photovoltaic panels with funding from the Massachusetts Technology Collaborative Green Building Program. In addition to the AHP grant, Florence Savings Bank will provide a construction line of credit. Approved in Round One of the 2008 AHP.

Creation of 39 units of supportive housing for homeless veterans. Ten of the 39 units will be handicapped accessible and the remainder will be adaptable. The five wood-frame buildings and community center will be close to jobs, public transportation, educational institutions, and veterans’ services. The site hopes to be a national model and achieve LEED certification with green elements that include a biodiesel cogeneration facility for heat and electricity and photovoltaic panels. Supportive services will include employment training, family self-sufficiency, and job placement. A residents’ association will be actively involved in managing the property. Berkshire Bank will provide construction financing and the permanent debt through the AHP-subsidized advance. Grants and deferred loans from HUD and the Commonwealth of Massachusetts will provide additional funding. Approved in Round One of the 2008 AHP.

Demolition and construction of 14 studio apartments for very low-income, homeless individuals in recovery from substance abuse. This property is adjacent to the sponsor’s parent organization, Nueva Esperanza, which will provide supportive services including employment training and managed health care. The property will be constructed and managed to be energy and water efficient. RBS Citizens, N.A. is providing construction financing and permanent debt through the AHP-subsidized advance. The Massachusetts Affordable Housing Trust Fund and Housing Innovations Fund plus HOME funding from the City of Boston will provide additional funding. Approved in Round One of the 2008 AHP.

Acquisition, preservation, rehabilitation, and conversion of three adjacent two-story buildings to create permanent, affordable, energy-efficient housing for the formerly homeless. The facility will provide 18 single-room-occupancy units and shared kitchen, baths, dining, and living areas, four two-bedroom units, and one studio apartment. All 23 units will be reserved for very low-income individuals recovering from substance abuse. The sponsor will provide a comprehensive range of supportive services that address chronic homelessness. A live-in house manager will facilitate group food preparation, house meetings, and chores to help the residents transition into permanent housing. In addition to the AHP grant, Chittenden Trust Company will provide the permanent financing with the AHP-subsidized advance. Approved in Round One of the 2008 AHP.

Construction of a single-family, energy-efficient home on donated land for a very low-income, first-time home buyer. This initiative is the second of two homes to be built on this parcel. The home is being constructed in collaboration with Franklin County Technical High School Construction Trades Program, with high school students building the home during the week and Habitat volunteers completing the less technical aspects on the weekend. Home buyers will provide sweat equity and benefit from homeownership counseling and daycare services. The home will also include photovoltaic panels with funding from the Massachusetts Technology Collaborative Green Building Program. Greenfield Savings Bank will provide the construction line of credit. Approved in Round One of the 2008 AHP.

Construction of a two-story, multifamily building to provide housing for very low-income, special-needs individuals. The initiative will create eight enhanced efficiency units and a one-bedroom unit for an income-eligible resident who will work as an onsite manager. The design will include community and program spaces, and residents will be provided GED classes, training, employment, transportation, and a residents’ council. The initiative will be funded by the Department of Housing and Urban Development, Massachusetts Department of Housing and Community Development, and MassHousing. In addition to the AHP grant, Westfield Bank will be providing a construction loan. Approved in Round One of the 2008 AHP.

Acquisition and historic restoration of the turn-of-the-century Mercantile Block. All of the units will be targeted to artists earning at or below 50 percent of area median income, and three units will be set aside for young adults aging out of state-supported care. The design will incorporate many green building elements, and the property will include two floors of commercial space, providing artists with space to showcase their work. The sponsor will provide micro-business lending, job-training, and job-matching services. Bank Rhode Island will provide permanent financing through the AHP-subsidized advance. The project has also received state and historic tax credits. Approved in Round One of the 2008 AHP.

Rehabilitation of a transitional shared residence to increase the number of home-like, service-enriched supportive units for men returning from incarceration or substance-abuse centers. Eight units will be reserved for very low-income, homeless individuals and two units will be for live-in staff who earn between 61and 80 percent of the area median income. All residents will benefit from GED, job-placement, and transportation services, as well as the establishment of a residents’ council. In addition to the AHP grant, Community National Bank will provide permanent financing. The Vermont Housing and Conservation Board will provide the additional funding. Approved in Round One of the 2008 AHP.

Acquisition and rehabilitation of an existing three-story building to provide four energy-efficient units of transitional housing for the very low-income, homeless. The lack of sufficient transitional housing units in this rural area has resulted in an increasing number of households unable to move from homelessness to appropriate permanent housing. The John Graham Shelter will provide supportive services such as transportation and family self-sufficiency training, and residents will form a council and have representation on the sponsor’s board of directors. The National Bank of Middlebury will provide bridge financing and permanent debt using the AHP-subsidized advance, and the Vermont Housing and Conservation Board will provide additional funding. Approved in Round One of the 2008 AHP.

New construction and rehabilitation of a former grange hall property involving 10 new duplex and triplex buildings and three apartments. This green building initiative will be the first new multifamily construction in Woodstock since 1995 and the first ever affordable rental apartments in town. The sponsor will provide financial planning and ownership/financial-literacy counseling, and residents will form a council. Twin Pines Housing Trust is the cosponsor and has partnered with Housing Vermont. Lake Sunapee Bank will provide the permanent financing using the AHP-subsidized advance, and other funding comes from Low Income Housing Tax Credits, HOME, and CDBG funds. Approved in Round One of the 2008 AHP.