CATCH Neighborhood Housing hosted a dedication and open house for its newest affordable housing community, Bow Highlands II, on Thursday, June 11. The ceremony on DiCandra Drive marked the completion of the second phase of Bow Highlands, which consists of 16 new, affordable apartments. The first phase, which was completed in 2010, includes 20 apartments that local families call home.
CATCH President and CEO, Rosemary M. Heard, opened the ceremony by thanking the Town of Bow and the many partners and funders who made Bow Highlands possible. She emphasized the complexity and dedication of the many moving pieces that were critical to making this development a reality.
“Many of you here today represent a thread of financing used to complete these amazing developments,” said Heard. “Alone, a single thread has limited use, but when woven together with opportunity, relationship threads, as well as financing threads, it creates strength and texture and the result combines affordability, function, beauty, and longevity – the fabric of CATCH communities.”
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The dedication ceremony was also a celebration of National NeighborWorks Week, a nation-wide celebration of community promoted by NeighborWorks America. Chris Harper-Fahey, Senior Relationship Manager at NeighborWorks America, joined in on the festivities.
“We are so excited to be a part of this with Rosemary and with CATCH,” said Harper-Fahey. “But more important than NeighborWorks Week is that 16 families will have a place to call home. A lot of people just need a place to live that’s affordable. Bow Highlands is one of those places where people can afford to live a high quality of life and be able to share time with their children and be happy.”
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Bow Highlands was constructed to be affordable for families being paid working-class salaries, which is about $50,000 for a family of four in Merrimack County. The residents of Bow Highlands include city and state employees, nonprofit professionals, teachers, lawyers, and a wide range of other professions.
Bow Highlands II was completed thanks to financial support provided by Centrix Bank, now Eastern Bank, the Community Development Finance Authority, Merrimack County Savings Bank, Northern New England Housing Investment Fund, NeighborWorks America, New Hampshire Housing Finance Authority, TD Bank, and the U.S. Department of Housing and Urban Development. Architectural services were provided by WarrenStreet Architects and construction services were provided by North Branch Construction.
About CATCH Neighborhood Housing:
CATCH Neighborhood Housing is an award-winning, non-profit, housing provider that has been providing affordable homes in Merrimack County for over 20 years. CATCH offers a full spectrum of housing services, such as homebuyer education, housing counseling and foreclosure assistance through HOMEteam and 285 affordable rental apartments that over 600 low-income adults and children call home. For more information on CATCH Neighborhood Housing call (603) 225-8835 or visit www.catchhousing.org. To learn more about renting a CATCH property, visit www.alliancenh.com.
