About
Andover Community Trust

          


About ACT
Our Mission:

 

Based on a strong belief that economic
diversity is an important contributor to
vital and livable communities, Andover
Community Trust advocates for and
develops permanently affordable
homes in Andover, Massachusetts.

History:

Andover Community Trust (ACT) is a 501(c)(3), non-profit Massachusetts corporation, established in 1992. Based on the strong belief that diversity is an important contributor to vital and livable communities, ACT advocates for and develops permanently affordable homes in Andover. ACT completed its first permanently affordable single family owner-occupied home on Haverhill Street at the end of 2001 in partnership with the Greater Lawrence Technical School. The students from the school also are building ACT’s second home on Heather Drive, under the supervision of their teachers. Construction on that home will be completed in the summer of 2006.

ACT builds modest three-bedroom homes to meet the needs of eligible households whose income is between 60 and 80 percent of the area median income. In 2006, a four-person household with total household income between $45,000 and $59,600 is income eligible. ACT gives preference to households with school-age children and with a member who works, lives or has children in school in Andover.

The land for ACT’s first home was donated by developer Willard Perkins. The land for the second home was donated by an individual who purchased the 15,000 square-foot lot in the 1950s but never built on it. ACT’s third home was donated by the developers of Casco Crossing (Steve Stapinski and King Weinstein) on River Road. ACT has received donations of pro bono professional services from local attorneys, architects and civil engineers. ACT also has received grants from the Abbot and Dorothy H. Stevens Foundation and the Nathaniel and Elizabeth P. Stevens Foundation, the Webster Family Foundation, the Essex County Community Foundation, the Smith Purdon Fund, the Rotary Club of Andover, UNICO and from several local banks, including Butler Bank, Citizens Bank, Enterprise Bank and Trust Company, River Bank and TD Banknorth, as well as donations from individuals. This generosity makes it possible to develop and sell an ACT home for $150,000 or less. ACT’s greatest need is for land on which to build “homes people can afford.”

 
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Andover Community Trust, PO Box 5038, Andover, MA 01810
© 2006-2106. All Rights Reserved.