AUGUST 2024 | VOL. 33, ISSUE 4
A NEWSLETTER FROM HOUSING ASSISTANCE
Million-Dollar Gift Kick Starts $5 Million Capital Campaign Housing Assistance launched its 50th anniversary celebration with a rousing show of community support for a $5 million capital campaign to preserve the American Dream on Cape Cod. Funds raised through the campaign will help create both rental and homeownership opportunities for nearly 600 individuals and families living on Cape Cod year-round. The campaign, and a $1 million gift from Cape Cod Healthcare, were announced by Housing Assistance at its annual Oysters and Champagne event at the Wequassett Resort in Harwich. The announcement was met with a standing ovation from the audience of over 250, who then pledged an additional $500,000. “Cape Cod Healthcare is proud to contribute $1 million in support of housing for our workforce, so that low- to moderate-income families can live and work here,” said Michael Lauf, President & CEO of Cape Cod Healthcare. “The market alone isn’t going to take care of our housing situation. We need to be creative when it comes to building more affordable units.” He emphasized housing as a critical infrastructure that’s needed for a functional community, just like our roads and bridges. Housing Assistance CEO Alisa Magnotta showed her gratitude for the support. “We are thrilled to receive this financial support from Cape Cod Healthcare but even more importantly the commitment it demonstrates to our mission,” she said. “While stable, attainable year-round housing Continued on page 5