Revere Affordable Housing Board Tackles Property Redevelopment and Down Payment Assistance Challenges

Overview: During the recent meeting of the Revere Affordable Housing Trust Fund Board on October 9, 2024, members focused on two initiatives: the redevelopment of city-owned tax title properties and the implementation of a first-time homebuyer down payment assistance program.

Revere Affordable Housing Trust Fund Board Discusses Strategic Plan, Veterans Lottery, and Property Disposition

Overview: The Revere Affordable Housing Trust Fund Board meeting covered several topics, focusing on finalizing a strategic plan, updates on the Veterans Lottery for affordable condominiums, and the disposition of city-owned properties for affordable housing development.

Revere Affordable Housing Trust Fund Board Reviews $40 Million Project and Prepares for Upcoming Lottery

Overview: The Revere Affordable Housing Trust Fund Board’s recent meeting centered on an ambitious $40 million project designed to create 56 affordable homes, alongside preparing for an upcoming affordable housing lottery.

Revere Expands Affordable Housing with New Units and Assistance Program

Overview: In an effort to address affordable housing challenges, the Revere Affordable Housing Trust Fund Board approved a plan to add two new units to the Northern Strand condominiums, mirroring the Commonwealth Builder program for deed restriction. This initiative will result in a combined lottery for 20 units, including the subsidized ones.