BEDFORD, N.H. – October 26, 2010 – (RealEstateRama) — New Hampshire Housing presented Laconia Area Community Land Trust (LACLT) with the “Bringing You Home” award during the agency’s annual statewide housing conference on Monday, Oct. 25, 2010. LACLT was recognized specifically for its Boynton Road housing development in Meredith, NH.
“We are proud to present Laconia Area Community Land Trust with the first-ever Bringing You Home award,” said New Hampshire Housing’s Executive Director Dean Christon. “The Boynton Road project not only added quality affordable housing to the town of Meredith, it also positively impacted the community in other significant ways and serves as an important model for public-private partnerships.”
“The Town of Meredith asked us to develop housing for its workforce,” said Linda Harvey, LACLT’s Executive Director. “It was a great collaboration with terrific results. This award is such an honor for us, and we proudly share it with the Town.”
Locally known as Pinecrest Apartments and Frances Court Manufactured Housing Park, the Boynton Road, Meredith, development has added 45 units of safe, decent, permanently affordable housing to the community. Because the project drastically improved the existing neighborhood, the development has completely transformed the lives of residents for the better. In addition, the project brought infrastructure – water, sewer, sidewalks and paved roads – to the community while saving the town these improvement costs. The housing development also added significantly to the town’s tax base, which spread out the tax burden among more properties.
Pinecrest Apartments has earned a LEED Gold certification for green building and offers 32 units of affordable workforce housing. The 13 unit Frances Court Manufacture Housing Park is the first manufactured housing park in New Hampshire to be owned by a community land trust and to offer both ownership and rental units.
Earlier this year, New Hampshire Housing created the Bringing You Home award to recognize and celebrate the work of nonprofit and for-profit organizations, public agencies, and private housing developers or providers who have made exceptional contributions to affordable housing in the Granite State. For more information about the award, please visit www.nhhfa.org.
Laconia Area Community Land Trust’s mission is to help low- and moderate-income households achieve economic self-sufficiency through the development of permanently affordable housing opportunities and associated support programs. For details about the organization and its programs, visit www.laclt.org.
New Hampshire Housing Finance Authority is a self-supporting, public benefit corporation established by the state legislature. The Authority operates a number of programs designed to assist low- and moderate-income persons with obtaining housing. Since its inception, New Hampshire Housing has helped more than 38,000 families purchase their own homes and has been instrumental in financing the creation of more than 14,000 multi-family housing units. More information about its programs can be found on the agency’s website at www.nhhfa.org.
Phone: (603) 310-9255