The Project Eligibility Letter (PEL) for Rice Pond Village has been officially received by the Town of Millbury. This letter has been transmitted to both Christopher Naff, Chairperson of the Millbury Board of Selectmen, and the developer, Steven F. Venincasa of Rice Pond Village, LLC.

A Chapter 40B Project Eligibility Letter, also known as a Comprehensive Permit, is a crucial document in the context of affordable housing development in the state of Massachusetts. Chapter 40B refers to a state law that encourages the construction of affordable housing units in communities where less than 10% of the housing stock is considered affordable, as defined by the law.

The Executive Office of Housing and Livable Communities (EOHLC) has forwarded a Project Eligibility Letter (PEL) pertaining to the proposed Chapter 40B Rice Pond Village project to the Town of Millbury. The document, upon receipt, necessitates signatures from the corporate officer representing Rice Pond Village, LLC (Steven F. Venincasa and/or James Venincasa), as well as from Christopher Naff, the Chairperson of the Millbury Board of Selectmen, before it is returned to EOHLC. After which a final PEL will be issued by EOHLC.