Construction of Truro Housing Project to Move Forward Following Select Board Approval

TRURO – A 41-unit housing project in Truro was approved by Selectmen last month as questions surrounding the design and total amount of units to be constructed.

Community Housing Resource Inc., voted unanimously by the Select Board as the contractor for the project, has proposed 22 one-bedroom, 15 two-bedroom, and four three-bedroom units.

“It’s an exciting project for Truro, for the Outer Cape. Forty-one units is a real significant contribution to the Town of Truro and to the region’s need,” said Community Housing Resource President Ted Malone.

“We’ll have the opportunity for 70-percent of it to be local preference, so it will really be assisting the folks of Truro.”

It’s the largest project the company has launched. Community Housing Resource has been constructing houses, art studios, and commercial properties for 25 years in the Outer Cape towns of Wellfleet, Truro and Provincetown.

“In total, we’re operating 83 rental housing units. We also have developed 75 ownership housing that we no longer manage, but of all the development we’ve done, 75-percent of it is deed restricted as affordable,” said Malone.

“This development would add a significant amount of units, and we are prepared to and have been working on expanding our property management capacity to handle that kind of an increase.”

The development, to be named Cloverleaf, is expected to be completed in three to four years pending state funds collected for the project.

Four of the units will be considered affordable housing for individuals earning up to 30-percent of the median income of the area. Seventeen affordable units are available those earning 60 to 80-percent of the area median income, with twelve units available for those earning 100-percent of the area median income. Four market rate units will also be up for grabs.

Additionally, five-percent of the units would be built in accordance with the Americans with Disabilities Act. Other units will meet the federal guidelines as well, but will not be specifically built for those purposes.

By TIM DUNN, News Center

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