Affordable Housing Trust

Affordable Housing Trust Fund board reviews $500,000 loan to Bridge Club. The board, chaired by Eric Nelson, heard from City of Lowell Auditor Kelly Oakes regarding the $500,000 loan to Robert Cox's Bridge Club of Greater Lowell for a 267 Pawtucket Street project creating 29 permanent affordable

Lowell Affordable Housing Trust approves $500,000 loan for veterans housing. The board unanimously backed a loan to the Bridge Club of Greater Lowell for acquisition and rehabilitation of 267 Pawtucket Street, creating 29 permanent affordable housing units with supportive services, at 2 percent

Lowell Affordable Housing Trust Fund board approves modified application template requiring 20-year minimum affordability term. The board unanimously backed the change during its January 21 meeting. Separately, the board reviewed a $500,000 loan application from the Bridge Club of Greater Lowell's