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State grant awarded to affordable housing project in Kent

An affordable housing development in Kent is receiving some state grant money.  The more than $20 million in Competitive Housing Assistance for Multifamily Properties funding will help create or rehabilitate 230 affordable units and 52 market-rate units of housing in six different locations in the state. 

 

The Department of Housing will loan up to $1.5 million to the Stuart Farm Phase II Apartments in Kent. 

 

The project includes the development of five new apartments: three one-bedroom and two two-bedroom units.  One will be handicap accessible, two will give preference to low-income veterans. 

 

The project site is located within walking distance of the commercial center of Kent, minimizing travel distances to local employment and providing easy access to local amenities such as banks, restaurants, the town library, shopping, public services, and schools.

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