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affordable housing

Low Road Foundation awards $250K to Sharon Housing Trust

SHARON — The Sharon Housing Trust has received a multi-year grant from the Low Road Foundation to support the renovation and expansion of its four-building affordable housing campus on North Main Street in Sharon, as well as to provide general operating support once the project is complete.

The $250,000 grant moves the Trust significantly closer to its overall fundraising goal for the new campus. The project is also supported by a $2 million grant from the Connecticut Department of Housing, along with contributions from local individuals, foundations, and businesses.

The project includes the renovation of three buildings owned by the Trust at 91, 93, and 95 North Main St., which currently house six occupied affordable rental units, most of them with two bedrooms. It also includes converting 99 North Main St.—the former town community center, currently unused—into four new affordable rental units, each with two bedrooms.

The Trust has leased the community center from the Town of Sharon for 99 years at $1 per year. Once the work on 91, 93, 95 and 99 North Main St. is substantially complete, the Trust plans to landscape the grounds around all four buildings. Renowned landscape designer and Sharon resident Lynden Miller has donated a new landscape plan for the four-building campus.

In a Dec. 18 statement, Richard Baumann, president of the Sharon Housing Trust, said, “With the help of the Low Road Foundation, we look forward to providing reasonable housing to those who need it and helping all Sharon residents take pride in what their community can accomplish.”

Lakeville Journal
affordable housing

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