By Susan Kramer-Mills, Executive Director
While we are getting even closer to finalizing the grant application with the Housing & Mortgage & Finance Agency (HMFA) for $2.4 million, we still have a long list of forms to fill in. These include MOU’s (Memorandums of Understanding), as many of us have now become infinitely acquainted with, besides the stack of forms, reports, etc.
The Town Clock CDC finalized an MOU with the Edison Housing Authority for ten vouchers. These vouchers provide the subsidy for the rents. There was a jump of joy coming from HMFA’s offices about this, namely, there are very few such vouchers available at the moment.
Then there was the MOU between the Town Clock CDC and Women Aware, Inc., which delineates the work between the two organizations after construction. Women Aware, Inc. will be providing the Town Clock CDC with counseling services for the residents.
Finally, we have been working on the MOA (Memorandum of Agreement) between HMFA and the State Historic Preservation Office (SHPO), which had to be negotiated. This was a huge undertaking and is still has reports to be negotiated. In particular, these reports describe the areas where construction material will be laid out and what areas will be off limits.
All in all, it is becoming clear that we are getting close to construction. The Town Clock CDC has started to plan for a Groundbreaking Event. If all works out with HMFA’s funding, then that date will probably take place on May 19th. Hurray!! Of course, everyone will be invited!