Affordable Housing Trust increases emergency loan maximum to $40,000
Orleans Affordable Housing Trust voted to raise emergency loan maximum to $40,000. Chair Tom Jurkowski led the unanimous 6-0 votes to increase the Housing Emergency Loan Program cap from $20,000 to $40,000 and allocate an additional $65,000, establishing an annual September review cycle.
Affordable Housing Trust Fund Board · Meeting of September 17, 2026
Orleans Affordable Housing Trust voted to raise emergency loan maximum to $40,000. Chair Tom Jurkowski led the unanimous 6-0 votes to increase the Housing Emergency Loan Program cap from $20,000 to $40,000 and allocate an additional $65,000, establishing an annual September review cycle. The board also unanimously approved selling 22 Old Tote Road to Housing Assistance Corporation for $1, creating two permanently deed-restricted affordable units at the property the Trust had purchased for $484,000 plus sewer costs, with one unit restricted for households earning up to 80% of area median income and one for households at 120%.
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Source: the Affordable Housing Trust Fund Board meeting of September 17, 2026, compiled from the official minutes.
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