Bristol Housing Authority Low Rent Project Details
The plan outlines a 1.2 million dollar low rent housing project with 2 3 and 4 bedroom apartments, 4 to 8 units per building, central heating, and improved open areas. Town land will transfer to the Bristol Housing Authority upon completion, then revert to town ownership after 40 years. The Housing Authority pays 10 percent of shelter rent to the town. developer profit ranges from six cents to six thousand dollars depending on lease terms.