Green Affordable
Housing Initiative
Cape Light Compact
Cape Light Compact looks to build on its already successful Residential New Construction Demonstration Pilot. The Compact’s program will try to find ways to shrink the “environmental footprint” of homes, including the cost of energy for those homes. Over the next 2 years, the program will help to build several affordable housing units in Cape Cod and Martha’s Vineyard. MTC has awarded Cape Light Compact a grant of $1.5 million.
The Cape Light Compact announced in late April its 6 affordable housing developers on Cape Cod and Martha's Vineyard that will build 60 units to Leadership in Energy and Environmental Design for Homes (LEED-H®) and ENERGY STAR® standards as well as the sites for renewable energy systems.
The selected partners and projects are:
- Anathan Benson, LLC - Gull's Nest Condominiums - 12 units - Provincetown
- Falmouth Housing Authority - North Falmouth Homes, Clover - 1 unit - Falmouth
- Housing Assistance Corporation - Residences at Canal Bluffs - 5 units - Bourne
- Island Affordable Housing Fund and South Mountain Company - Jenney Way - 4 units - Edgartown
- Lower Cape Cod Community Development Corporation - Main Street Ext. - 12 units - Harwich
- Lower Cape Cod Community Development Corporation - Harwich Portuguese Men's Club - 20 units - Harwich
- Town of Chilmark - Middle Line Road Community Housing Rental - 6 units - Chilmark
The individual projects were chosen competitively out of 160 total proposed units for their suitability for renewable energy systems as well as other factors such as equitable geographic distribution, demonstrated ability to meet program requirements, and occupancy by May 31, 2009.
The Cape Light Compact is the recipient of a $1.5 million grant from the Massachusetts Technology Collaborative (MTC) Green Affordable Housing Initiative. The grant funds are for new construction homes that are designated affordable, consistent with the state guidelines. $1.2 million of the total funds are earmarked for renewable energy systems to be installed on newly constructed affordable homes. The remainder of the funds are for advanced building technology. For more information visit this website.
CONTACT:
Raphael Herz
herz@masstech.org
508-870-0312 x1205