The goal of this project is to raise $1.5 million to pay down the mortgage. If we reach our goal, Acadia place residents would have their rents reduced by $200 a month, making their housing more affordable.
Generally, rent is dependent on income. Those with the lowest incomes will see a greater rent reduction, while those who can afford near market levels will not see as much of a reduction.
Funds Raised to Date
We have raised over $570,598 as of March 31, 2016.