Skip to main content

HACbeat June 2026

Page 1

JUNE 2026 | VOL. 35, ISSUE 2

A NEWSLETTER FROM HOUSING ASSISTANCE

Housing Assistance VP of real estate development David Quinn (fourth from left), CEO Alisa Magnotta, board chair Bill Bogdanovich, and state Sen. Julian Cyr join funders and partners to mark a ceremonial groundbreaking of Cornerstone Hyannis.

Housing Assistance Celebrates Cornerstone Hyannis Groundbreaking On a sunny May 1, state and local leaders, project partners, and community members joined the Housing Assistance team to mark an exciting milestone: the construction of Cornerstone Hyannis. Located at 268 Stevens Street in Hyannis, the new 50-unit attainable homeownership community sits on a previously blighted lot.

Marking this groundbreaking for Cornerstone Hyannis is exciting because we can see this long-planned project finally taking shape,” said Magnotta. “Cornerstone Homes is about creating opportunities like this that allow people to live close to where they work and contribute to the long-term success of their communities.”

“Thank you for coming to celebrate the creation of the first homeownership project on Cape Cod developed specifically for our workforce and the missing middle,” said Alisa Magnotta, Housing Assistance CEO.

Located within a short walk of Main Street Hyannis, the transit-oriented development includes a mix of 18 onebedroom, 27 two-bedroom, and five three-bedroom units. The site aligns with smart growth planning on Cape Cod, as it makes use of previously developed and underutilized land while improving the site’s environmental conditions and protecting the existing natural resources.

Cornerstone Hyannis is the first project under the Cornerstone Homes Cape Cod flag, a new Housing Assistance initiative to create attainable, high-quality homes for middle-income buyers on the Cape.

This is a model for homeownership that we can replicate across the region. – State Sen. Julian Cyr

“With Cornerstone Hyannis, we are taking a longtime vacant lot and creating new opportunities for Cape Codders to own a home right in the heart of Hyannis,” said David Quinn, vice president of real estate development at Housing Assistance. “Because the units will be sold to middle-income buyers, the new homes will be of benefit to people who may not qualify for traditional ‘affordable housing’ but also can’t afford homes on the open market.” Continued on page 6


Turn static files into dynamic content formats.

Create a flipbook
HACbeat June 2026 by Housing Assistance Cape Cod - Issuu