Residents concerned about low-income units

Posted by Susy Thielen on January 24th, 2007 — in Housing News

By Priscilla Miller
Monadnock Ledger-Transcript Staff
Original Publication Date: Thursday, November 16, 2006

JAFFREY Plans to renovate the downtown Cheshire Jaffrey Mills for a 30-unit affordable-housing project have some residents worried. State Representative Stephen Pelkey brought some citizen concerns to the Planning Board Tuesday night.

Pelkey said several residents contacted him with concerns about low-income housing coming to downtown Jaffrey. He said he was a looking for a definition of “low-income housing.” Read the rest of this page »

Mill becoming Jaffrey housing

Posted by Susy Thielen on January 24th, 2007 — in Housing News

Business briefs

JAFFREY — Community development block grant funds became available this week for a project that will convert a portion of the town’s old mill building into workforce housing.

According to Jaffrey Economic Director Brandon S. Gray, Manchester-based Great Bridge Properties is heading the project, slated to begin within upcoming weeks.

The west side of the mill will be converted into 30 new work force-priced apartments, said Gray, most of them two- bedroom units but with some one- and three-bedroom units.

According to Gray, the project is expected to be completed by fall.

Keene Sentinel, Saturday, January 20, 2007

The Declining Young Adult Population in New England

Posted by Susy Thielen on January 17th, 2007 — in Housing News, NH Housing Coalitions

Ross Gittell,
Carsey Institute, Winter 2007

New England’s economic future will shape and be
shaped by demographic trends in the region, and there
are some disturbing patterns emerging showing a decline
in the young adult population. Businesses need a
dynamic labor force that includes a pool of young adult
workers. Read the rest of this page »

The faces of affordable housing

Posted by Susy Thielen on January 17th, 2007 — in Housing News, NH Housing Coalitions

By Steve Landwehr, Staff writer
Salem News, NH

IPSWICH - Martha Frost has an important, rewarding job. She works with frail, elderly patients who can’t pay for the medical services they need without going into a nursing home.

“I firmly believe in helping people stay in their own homes,” Frost said.

But Frost, 47, has never owned her own home.

Like many social service workers, she doesn’t get paid a lot of money - she figures if she’s lucky she might be making $40,000 a year within the next five years. That’s well above the poverty line, but nowhere near enough to fulfill her dream of buying a house in her hometown of Ipswich.

Frost’s is one of the affordable-housing stories that seldom gets told. Read the rest of this page »

Lebanon, tight on commercial space, may lose business

Posted by Susy Thielen on January 3rd, 2007 — in Housing News

Chris Fleisher
Valley News of Lebanon

LEBANON — When Red River Computer Co. announced plans this month to leave Lebanon for more office space in Claremont, developers said it highlighted an issue that has been simmering in the Upper Valley for several years.

Now, it seems to have reached full boil.

“It’s getting to the point where, between lack of the ability to expand and the cost of housing, you’re going to see one or two major companies withdraw from Lebanon,” said Bruce Waters, a commercial real estate broker at McLaughry Real Estate. “It’s going to have significant reverberations in the marketplace.” Read the rest of this page »