HCP AS DEVELOPMENT CONSULTANT:
CABOT HOUSING at the Cabot Street YMCA, BEVERLY (67 units)
CABOT HOUISNG is a YMCA project with HCP as a consultant, consisting of 67 units: new production (22 units) and renovation (45 units), including studio apartments for individuals. Cabot Housing has set aside units with Department of Developmental Services and Northeast ARC, as well as units designated for homeless adults. In Beverly, a special permit has been granted by the City. In 2018, the Cabot Street project was awarded a Federal Home Loan Bank award of $500,000, and local funding commitments include City of Beverly CPA, Affordable Housing Trust, and Beverly HOME funding. In 2019, this project was awarded funding through the MA Department of Housing and Community Development, and is underway in 2020.
CATALYST HOUSING, LYNN, MA (24 units)
HCP is working with The Haven Project and Catalyst Housing to create studio apartments for homeless young adults (age 18-24) who have aged out of foster care. This will be in an existing building in downtown Lynn. The effort will be a supportive service model with services provided by The Haven Project. This effort is in the pre-development and design phase.