AWARD HAP
Community Preservation Committee
Recommendation for Funding
Date:
June 18, 2008
Applicant: Paradise Pond Community Housing Project
Amount of funding requested: $26,627
Time frame of request: 2008
Amount of funding recommended by CPC: $26,627
Time frame of funding recommended: 2008
Summary reasons for recommendation
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Serves an important public benefit by providing housing and stabilization for previously
homeless families in the community
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Benefits from a wide range of support from the community
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Ongoing funding from HUD is contingent upon this years gap funding
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HAP has excellent track record over many years of supporting affordable housing in
Northampton
Conditions/contingencies attached to recommendation:
Funding in this category will be a one time funding expenditure
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Procedures for monitoring and reporting shall be worked out among the Committee,
Mayor and the grantee.
Additional comments from committee
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