Affordable Housing Trust revises strategy toward broader affordability
Manchester Affordable Housing Trust introduces industry veteran, explores multiple properties. The Trust welcomed Denison Hall, a principal at Hall Keen Management Inc. overseeing approximately 5,000 units across 26 affordable housing properties, as its newest member. The Trust discussed whether to
Affordable Housing Trust · Meeting of April 21, 2026
MANCHESTER BY THE SEA — Manchester Affordable Housing Trust introduces industry veteran, explores multiple properties. The Trust welcomed Denison Hall, a principal at Hall Keen Management Inc. overseeing approximately 5,000 units across 26 affordable housing properties, as its newest member. The Trust discussed whether to prioritize Subsidized Housing Inventory eligibility (requiring approximately 105 units for safe harbor) or pursue broader affordability goals with simpler deed restrictions.
The Trust lost a competitive bid for 115 School Street but expressed interest in revisiting Standpipe Hill's seven-to-eight-acre parcel, where prior plans contemplated approximately 40 townhome units. The Trust holds $1,755,506.97 in reserves.
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Source: the Affordable Housing Trust meeting of April 21, 2026, compiled from the official minutes.
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