Affordable Housing Development
Affordable housing not only creates homes, it creates jobs. According to the National Assoc. of Builders, for every 100 low-income housing tax credit units that are built, 120 construction jobs and 30 permanent jobs are created.
HAC is one of the largest developers of affordable housing in our region. HAC has built over 400 homes and apartments for rent or purchase on Cape Cod, adding to the housing supply for families, seniors, veterans and the disabled. HAC has more than 200 units that will be constructed in the next few years in Bourne, Sandwich, Mashpee, Dennis and Nantucket.
Residential eligibility varies for HAC’s housing developments. For example, Lombard Farm in West Barnstable consists of 12 one-bedroom rental units for people 55 and older who earn 60 percent or below of area median income. As an expansion of Breezy Acres in Mashpee, HAC is developing 10 additional townhome rental units, all affordable to households earning 50 percent of AMI or less. Other programs are avavilable to those earning as much as 80 percent of AMI.
In keeping with our mission to create safe, stable and decent housing that is affordable, HAC builds homes that are highly energy-efficient and uses green materials and systems.