Affordable Housing Trust Fund Board of Trustees 06/24/2026

The City of Worcester Affordable Housing Trust Fund Board of Trustees held a meeting on June 24, 2026, primarily focused on reviewing and awarding funding for affordable housing projects through the spring 2026 Community Preservation Act funding round. The board discussed funding extensions for Colony on Grove phases one and two, and then deliberated on funding recommendations for five project applications requesting a total of approximately $2.42 million, while only about $1.36 million was available. After evaluating project scores and developer presentations, the board approved conditional funding awards totaling approximately $1.36 million, including $100,000 for Colony on Grove phase three (subject to prior phase closings), $600,000 for Lakeside Apartments phase three, $72,730 for Southwestern Urban Infill Housing, and $585,632 for the Haywood Boot and Shoe Company building. The board declined to fund the 51 Illinois Street project due to concerns about zoning approvals and financial documentation. Conditions for awards included submission of full source and use documentation prior to contracting and compliance with accessibility and affordability requirements. The board emphasized that projects not fully funded could return in future funding rounds.