HOPE News: A Quarterly Update

The end of year has been a busy time here at HOPE Partnership. We’d like to fill you in on what we’ve been up to.

Our team has been working diligently with a property owner in Old Lyme and we have come to an agreement. We hope to have an announcement on a development in the next two weeks.

Our team has also been working on feasibility studies on two properties, to determine the viability of developing housing.  One is in Chester, the other in Centerbrook.  We will announce any advancements on these properties as they come available.

HOPE has a commitment from Guilford Savings Bank to assist with moving forward with our AHOP program. This board-driven initiative stands for Affordable Housing Ownership Program.  Our AHOP committee has been busy searching for homes along the shoreline that could be purchased and deed-restricted and sold to a family at the 60% Area Median Income.  The AHOP program would work to do a few homes a year in different towns.  The program would also include first-time homebuyer education programs with either a local or state-wide financial institution.  The committee has reached out to First Selectmen of surrounding towns and provided them with a rack card of information so as to start an interest list of families that are ready to make this purchase. Bill Attridge can be reached for more information.

Our Education & Advocacy committee has been busy over the past few months, making presentations to about 150 individuals at different civic groups.  If you have a group that you are involved with that would like to learn a little more about affordable housing, we would be happy to put something together (places of worship, clubs, civic groups). Just drop Lauren a line!

HOPE’s Development Committee has been busy with our most successful Theater Night to date! We raised over $22,000 at Man of La Mancha at the Ivoryton Playhouse.  The committee is in the planning stages of the Friendraiser for March 2017 as well as the annual appeal.  The committee is hoping to make these both “opportunity-based”, meaning they will be focused primarily on a specific development.

HOPE continues to be graciously supported by the Middlesex United Way. United Way of Middlesex County

We have hired Meryl Moskowitz, through a grant from the Liberty Bank Foundation, for media and outreach.  Meryl has been working on tweeting and posting as well as some new blog information on our website! Share and like away! This is helping us to educate our supporters for any future developments.
LISC (Local Initiatives Support Corporation) has been generous in supporting HOPE with two grants for our affordable housing consultant, Larry Kleutsch.  We are working to finalize another grant for capacity building.  We hope to announce the terms of that grant shortly.
Thank you for your support and interest in HOPE.  We wish you have a warm and happy holiday season!

Website made possible through the generous support of Guilford Savings Bank and Margaret's Folly Web Design.
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