$125G Grant to Help Rehab Cleghorn Apartments
FITCHBURG -- A $125,000 grant from a nationwide competition will allow affordable housing developer NewVue Communities, Inc. to rehabilitate and restore nearly 30 apartments in the Cleghorn neighborhood.
NewVue was one of 25 organizations awarded a total of $3.125 million to expand and maintain affordable housing in their communities. The grant was through the “Housing for Everyone” competition by the TD Charitable Foundation, the charitable arm of TD Bank.
“These 25 organizations are transforming lives by providing affordable housing in communities served by TD Bank,” the foundation said in a statement.
Projects supported by the grants can be to expand, rehabilitate, or preserve existing affordable housing, create new units, or programs and services to help people access it.
Through the grant, NewVue can help provide access to affordable housing to groups in the community including the elderly, veterans, and the disabled, according to the foundation.
A representative from NewVue was not immediately available for comment Monday.
The nonprofit has developed apartments and commercial properties in Fitchburg, Leominster, and around North Central Massachusetts.
It is working on projects including redevelopment at Carter Junior High School in Leominster into about 40 affordable apartments and the B.F. Brown School in Fitchburg into affordable and mixed rate apartments, including 50 with preference for artists.
The foundation’s grants will also help individuals and families plan for the future and seek educational and economic opportunities, the foundation said.
“TD is honored to fund these organizations’ projects which will help to increase financial wellness to families and individuals across our footprint,” Lisa Gruner, head of social impact at the foundation, said in a statement.
In Massachusetts, Lawrence Community Works and Caritas Communities in Braintree also received grants through the competition.
The charitable foundation has given out more than $25 million in grants through the competition since 2006.
NewVue began as the Cleghorn Neighborhood Development Corporation in 1979. It later expanded to the entire city, Leominster, and the region.
In addition to affordable housing development, the nonprofit seeks to stabilize neighborhoods through civic and leadership engagement, home ownership, and small business development.
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