Affordable Housing Grant To Aid DomesticViolence Victims

Register now

CHELSEA, Mass. - (12/10/04) -- The Federal Home Loan Bank of Bostonsaid it awarded $4.8 million in affordable housing grants,including $1 million for shelter for domestic violence victims tobe administered by Metropolitan CU. The FHLB funds will aidrehabilitation and new construction to convert a two-storycommercial building into a four-story residential facility serving24 low-income families recovering from domestic violence. Six ofthe units will be reserved for the homeless. The credit union willadminister the FHLB grant, which will be used for construction andrehabilitation costs.

For reprint and licensing requests for this article, click here.