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HOPE Partnership, Inc. Receives $1.4 Million in Financing for Spencer’s Corner Project

HOPE Partnership is a non-profit organization dedicated to developing affordable workforce housing opportunities in Southern Middlesex County. HOPE’s philosophy is to collaborate with town government, builders, and other private partners to build housing that is attractive, sustainable, and appropriate to the surrounding neighborhood. The CFMC grant will be used to train HOPE staff to act as an administrator for approved affordable housing developments throughout the shoreline area, both for HOPE projects as well as third-party projects.

Tony Lyons, board president of HOPE Partnership, stated, “This funding represents the last piece of financing needed to begin construction of Spencer’s Corner. We are very grateful to ESB and the Federal Home Loan Bank of Boston for their vote of confidence in HOPE.”