HOPE Partnership, Inc. is thrilled to announce a total of $1.4 million in financing for our Spencer’s Corner project in Centerbrook from the Federal Home Loan Bank of Boston Affordable Housing Program (AHP) and Essex Savings Bank. The financing is comprised of a $500,000 direct subsidy and $900,000 Capital Advance to provide both construction and permanent financing for the conversion of the second and third floors of the Spencer’s Corner property into 17 units of affordable

HOPE Partnership, Inc. has received a $4,000 grant from the Community Foundation of Middlesex County. The 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, states: “HOPE is often asked to work with other affordable housing owners and developers to assist them in qualifying prospecti