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Community Preservation Program

Cambria Road

Community Housing

total CPA funding:
$351,025 11-13 Cambria Road
$200,000 18-20 Cambria Road

$551,025

total CP funds appropriated
(community housing)

$471,117

10-12 Cambria Road - CPA funding requested
total projects: 3 (listed below in reverse chronological order)
contacts: Josephine McNeill, Executive Director
Citizens for Affordable Housing in Newton
Development Organization (CAN-DO)
1075 Washington St.
West Newton, MA 02465
email: jam_cando@msn.com
phone: 617.964.3527
website: http://www.newtoncando.org/

10 - 12 Cambria Road

location: 10-12 Cambria Road
West Newton, MA 02465
goals: Create 2 units of rental housing, each with 2 bedrooms, permanently affordable to households at up to 50% and 80% of area median income.
total funding
(anticipated
requests):
$471,117 CPA
$384,293 City of Newton CDBG/HOME funds (federal)
$50,000 Charlesbank Homes (foundation grant)

$905,410

total cost
Proposal Review & Appropriations
21 August 2015 pre-proposal, including timeline, scope of work and draft development and operating budgets
maps & photos submitted with pre-proposal
7 August  2015 description of this property in Newton's Assessors Database
19-20 October 2015 full proposal:
project summary, including:
budgets (development & operating), timeline, deed, scope of work & cost estimates, design/sustainability
project budgets (repeated from document above, with pre-proposal budgets for comparison)
maps & photographs
sponsor information, including:
organization mission & portfolio, project team qualifications, Board of Directors, annual operating budget, most recent annual audit
petition of support (phone numbers and email addresses omitted online to protect confidentiality):
part 1 (19 October 2015), part 2 (17-20 November 2015)
additional documents for full proposal:
6 August 2015 home inspection report   This long file may load slowly.
20 August 2015 bank appraisal (submitted & posted 16 November 2015)
21 September 2015 Newton Housing Partnership letter to Planning & Development Board
15 October 2015 independent appraisal, commissioned by Newton CPC
16 November 2015 Housing staff memo to CPC (revised from October 2015 memo to Planning & Development Board)

September 2015  -

community letters about this proposal
(rec'd through 17 November 2015)
19 November 2015 presentation to CPC public hearing
7 December 2015,
1 February 2016
CPC funding recommendation (summary budget for non-CPA funding sources updated 1 February 2016, no change in CPA request)
Project News
   (further information will be posted here if the project is funded)

11 - 13 Cambria Road

location: 11-13 Cambria Road
West Newton, MA 02465
goals: Create 2 units of rental housing, each with 2 bedrooms, permanently affordable to households with up to 80% of area median income.
total funding:
$350,000 project grant
$1,025 City of Newton legal costs and deed fees

$351,025

total CP funds appropriated (community housing)
Proposal Review & Appropriations
1 December 2005 proposal, with additional attachments:
sponsor's financial statements for 2004 (submitted 10 January 2005)
home inspection report (submitted 30 September 2005) This large file may load slowly.
appraisal (submitted 1 November 2005)
December 2005 construction scope of work:
 to January 2006 draft scope of work (9 December 2005)
final scope of work (7 January 2006)
City staff analysis of scope of work, including photo (17 January 2006)
December 2005 consultant analysis of proposal:
to January 2006  consultant scope of work (15 December 2005)
consultant final report (23 February 2006)
March 2006  CPC funding recommendation:
initial recommended conditions (1 March 2006), based on
original budgets (1 March 2006)
revised budgets (23 March 2006)
24 March 2006 CPC final funding recommendation 
18 April 2006   Board order (appropriation)
Project News
18 May 2006 promissory note

18 - 20 Cambria Road

location: 11-13 Cambria Road
West Newton, MA 02465
goals: Create 2 units of rental housing, with a total of 7 bedrooms, permanently affordable to households with up to 80% of area median income.
total funding:
$200,000 CP funds appropriated (community housing)
Proposal Review & Appropriations
1 November 2002 proposal, including proposed budgets and additional attachments:
letters of support (dated 31 October 2002) This large file may load slowly.
appraisal (submitted 16 November 2002)
19 February 2003 CPC funding recommendation
9 April 2003 Board order (appropriation)
Project News
July 2003 revisions to budget and use of funds:
operating budget (1 July 2003)
change of use for CP funds (21 July 2003)
further budget revision  (23 July 2003)
18 September 2003 affordable housing deed restriction
29 September 2003 grant agreement
31 December 2003 sponsor's financial statements for 2002