Small Business Funding

TO THE BUILD SERVING AS A MODEL FOR OTHERS. ON HOLLY STREET IN THE ELM PARK NEIGHBORHOOD OF WORCESTER, THIS BRAND NEW SINGLE FAMILY HOME IS UNDER CONSTRUCTION BY HABITAT FOR HUMANITY. JUST ABOUT A 1500 SQUARE FOOT HOME. ITS FOUR BEDROOMS AND TWO BATHS. WE STARTED CONSTRUCTION IN JULY AND IT WILL BE ABOUT 12 TO 15 MONTHS TO COMPLETE IT. AMONG THE VOLUNTEERS TODAY, STATE SENATOR ROBIN KENNEDY AND HER STAFF. HABITAT FOR HUMANITY IS HOSTING GOVERNMENT BUILD DAY IN CELEBRATION OF THE AFFORDABLE HOMES ACT, SIGNED INTO LAW BY GOVERNOR HEALEY BACK IN AUGUST. THE IMPORTANCE OF THIS BILL AND WHAT WERE GOING TO SEE IN THE FUNDING THAT COMES IN THROUGH THIS BILL, IS THE ABILITY TO PRODUCE NEW UNITS AT A MULTIPLE AT MULTIPLE LEVELS OF INCOME FOR FAMILIES. WHILE THIS HOME IS NOT BEING FUNDED BY THE NEW HOUSING LAW, AFFORDABLE HOUSING ADVOCATES SAY IT SYMBOLIZES THE KIND OF HIGH QUALITY, HIGH EFFICIENCY HOUSING THAT CAN AND WILL BE BUILT OVER THE NEXT FIVE YEARS AS MORE THAN $5 BILLION FLOWS INTO COMMUNITIES ACROSS THE COMMONWEALTH TO ADDRESS THE HOUSING SHORTAGE. ITS GOING TO BE ALL ELECTRIC, SO WERE GOING TO HAVE HOT WATER THATS GOING TO BE A HYBRID HOT WATER TANK DOWN IN THE BASEMENT, AND THE HEATING SYSTEM WILL BE MINI SPLITS. THIS IS WHAT THE HOUSE ON HOLLY STREET WILL LOOK LIKE. THESE TWO MODELS ON SUNDERLAND ROAD ARE FURTHER ALONG. THEYRE ALSO BEING BUILT BY HABITAT FOR HUMANITY. ALL OF THESE HOMES WILL BE AVAILABLE BY LOTTERY TO LOW INCOME FAMILIES. IN TOTAL, THE HEALEY, DRISCOLL ADMINISTRATION SAYS THE AFFORDABLE HOMES ACT WILL PRODUCE, PRESERVE OR REHABILITATE MORE THAN 65,000 HOMES OVER THE NEXT FIVE YEARS. REPORTING IN WORCESTER TODD KAZAKIEWICH WC