POAH's development in Somerville, Massachusetts will receive $732,490 to create 92 affordable rental units
December 21, 2024, in Latest News, by The Somerville Times
Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced the recipients of its 2024 Affordable Housing Program (AHP) General Fund awards. Through the program, more than $55 million in grant funding is being awarded to 66 affordable housing initiatives in 12 states and Washington D.C. to assist in the acquisition, construction, rehabilitation, or preservation of more than 4,200 affordable rental and homeownership units.
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photo: Clarendon Hill redevelopment is underway in Somerville, Massachusetts