New Partnership Could Boost Affordable Housing Stock
By: Alan Pollock
CHATHAM — Like other towns in the region, Chatham has a lack of affordable housing. But it also has a scarcity of available housing for families capable of paying a mortgage, since properties under $500,000 often sell immediately after going on the market. A group of citizens and stakeholders hope to start addressing that problem using a novel approach: a private entity that quickly buys up a property that’s...