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Canal Bluffs

100 Harmony Hill Road
Bourne, MA
Deal Type: 
New Construction
Year Built: 
2009
Acquisition Date: 
2011
Last Renovation: 
2009
Number of Units: 
28
Tenancy: 
Family

Canal Bluffs was the first phase of a multi-phased residential community containing 28 units affordable to residents who earn 60% of the median area income.   Located within 1 mile of the Bourne Bridge, the property has easy access to commercial areas, shopping, employment centers and transportation.

In 2007, a Cape Cod-based nonprofit, Housing Assistance Corporation (HAC), received a comprehensive permit to construct a three-phased residential community on the 17 acre parcel of land that had been slated for a high tech startup company.  After purchasing the site, the nonprofit was faced with an environmental hurdle; the parcel of land was now deemed an environmentally sensitive area due to its proximity to the Phinney Harbor watershed.

POAH acting in the capacity of co-developer with HAC, secured a Title V permit for the construction and operation of the first phase of the development called The Residences at Canal Bluffs.  The project was made possible by $ 4.8 million in 9% low income housing tax credit equity from the Massachusetts Housing Investment Corporation and a first mortgage from MassHousing.

The completion of Canal Bluffs paved the way for a second phase, Clay Pond Cove which included the completion of the wastewater treatment plant that serves the whole Canal Bluffs residential community and the abutting retail shopping center.

Videos

Resident Stories: Cathie Michel

Project Partners: 

  • MassHousing
  • Affordable Housing Trust
  • Department of Housing and Community Development
  • Barnstable County HOME Consortium
  • Massachusetts Housing Investment Corporation (MHIC)

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