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HomeMy WebLinkAbout1-24-2025 - HAC Lt Support 255 Independence Drive, Hyannis, MA 02601 • haconcapecod.org • hac@haconcapecod.org • 508-771-5400 fax: 508-775-7434 February 24, 2025 Town of Barnstable Planning Board 367 Main Street Hyannis, MA 02601 RE: Letter of Support for Shoestring Properties LLC's Proposal to Relocate Five Deed-Restricted Affordable Units to 310 Barnstable Road Dear Members of the Planning Board, On behalf of Housing Assistance Corporation, I am pleased to offer our organization’s support for Shoestring Properties' proposal to relocate five deed-restricted affordable rental apartments from its Dockside project at 110 and 115 School Street to 310 Barnstable Road. This proposal presents a significant opportunity to deliver much-needed affordable housing to our community now, rather than two years from now when the Dockside project is completed. Housing Assistance is acutely aware of the continually escalating housing crises on Cape Cod and the urgent need for affordable rental housing throughout the region. Recently, Housing Assistance received nearly 1,000 applications for a lottery offering 42 affordable rental units at our Capeview Way project in Bourne. The challenge of securing affordable housing is particularly acute for larger families who often struggle to find suitable accommodations. The inclusion of two three-bedroom apartments within this proposal is particularly meaningful, as it will help meet the growing demand for affordable family-sized units in our region. By making these five apartments available immediately, Shoestring Properties is taking a proactive and accelerated step in addressing our housing crisis, and we applaud their commitment to expanding access to affordable housing in Barnstable. We encourage the Planning Board to approve this proposal, which will help stabilize families in need, strengthen our local workforce, and contribute to the town’s broader affordable housing goals. Thank you for your consideration, and please do not hesitate to reach out if Housing Assistance can provide any further support. Sincerely, Alisa Magnotta Chief Executive Officer Housing Assistance Corporation