Andover Housing Trust allocates $37,000 to rental assistance
Andover Housing Trust allocates $37,000 for rental assistance, continues exploring new funding sources. The Affordable Housing Trust Fund Board voted to allocate $37,000 to ACT to assist with its rental assistance program, which helped four residents last year. Board Chair Linda O'Connell leads a
Housing Trust Fund Board of Trustees · Meeting of June 10, 2026
Andover Housing Trust allocates $37,000 for rental assistance, continues exploring new funding sources. The Affordable Housing Trust Fund Board voted to allocate $37,000 to ACT to assist with its rental assistance program, which helped four residents last year. Board Chair Linda O'Connell leads a subcommittee including members Carolyn Finlay and Susan Shepard, which will continue meeting to explore funding sources for the trust.
The board discussed its changing financial landscape as traditional foreclosure-related revenue has dried up, while reviewing upcoming developments that could expand affordable housing, including an Old River Road project potentially adding 65 affordable units.
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Source: the Housing Trust Fund Board of Trustees meeting of June 10, 2026, compiled from the official minutes.
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