Joe and Linda Cloutier. (Photo courtesy Camden Rotary Club)
Joe Cloutier, co-founder of Realty Resources Group, will discuss affordable workforce housing solutions at Camden Rotary Club’s Zoom meeting at noon on Tuesday, April 20.
Cloutier will discuss completed affordable housing projects in New England and how these developments have diversified community income levels while saving workers travel time and housing and energy costs. He will also talk about the value of realistic construction protocols and the effectiveness of affordable housing coalitions in bringing about change.
Born in Maine, Cloutier began clamming and lobstering at the age of eight. After graduating from the University of Maine, he studied law at Boston College and practiced law before devoting his career to affordable housing. Cloutier and his wife, Linda, developed their first affordable housing project in 1976. Since then, they’ve created numerous low-income and workforce housing communities in New En
The owners of Realty Resources, a development and property management firm headquartered in Rockport, have worked in the field of affordable housing for decades.
Joe and Linda Cloutier, who live in Camden, developed their first affordable housing project in 1976. Since then, they’ve developed numerous low-income housing communities. Today, the company manages over 80 affordable, market-rate, assisted living and workforce properties in Maine, New Hampshire, Massachusetts and Vermont.
Currently in development is Belfast Acres Estates, a $6.1 million, 25-unit building featuring primarily one-bedroom apartments and gas-fired heat pumps. (See sidebar.)
Designed by TAC Architectural Group in Bangor, construction by Rockport-based Penobscot Co. is expected to be complete by mid-September. All units are eligible for federal rental assistance. Machias Savings Bank funded $1,978,052 of the project. MaineHousing also provided subsidy and financing, and the remainder is being financed