CPA Proposals & Projects

Cambria Road Projects

(Community Housing)

 

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/

CPA funding:

$351,025 11-13 Cambria Road
$200,000 18-20 Cambria Road
$471,117 10-12 Cambria Road
$1,022,142  total CPA funds appropriated
 

projects below:


10 - 12 Cambria Road

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.

funding:

$471,117
CPA
$384,293 City of Newton CDBG/HOME funds (federal)
$50,000 Charlesbank Homes (foundation grant)
$905,410 TOTAL COST

 

Funding Process

 

2015

 

21 August 2015 - pre-proposal, including timeline, scope of work and draft development and operating budgets

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:    

19 November 2015 - presentation to CPC public hearing

2016

 

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)

19 April 2016 - City Council order (appropriation)

 

Project News

 

22 June 2016 - CPA grant agreement, including affordability restriction as recorded (affordable housing covenants)


11 - 13 Cambria Road

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.

funding:

$350,000
 CPA project funding
$1,025 City of Newton legal costs and deed fees
$351,025 TOTAL CPA funds appropriated (community housing)
 
 

Funding Process

 

2005

 

1 December 2005 - proposal, with additional attachments:

 

2006

December 2005 - January 2006 construction scope of work:

December 2005 - January 2006 consultant analysis of proposal:

1 March 2006 - initial CPC-recommended funding conditions, based on

24 March 2006 - CPC final funding recommendation

18 April 2006 - Board order (appropriation)

Project News

18 May 2006 - promissory note


18 - 20 Cambria Road

18-20 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.

funding:

$200,000 CP funds appropriated (community housing)
 
 

Funding Process

 

2002

 

1 November 2002 - proposal, including proposed budgets and additional attachments:

2003

19 February 2003 - CPC funding recommendation

9 April 2003 - Board order (appropriation)

 

Project News

 

1 July 2003 - revisions to budget and use of funds - operating budget 

21 July 2003 - change of use for CP funds 

23 July 2003 - further budget revision

18 September 2003 - affordable housing deed restriction

29 September 2003 - grant agreement

31 December 2003 - sponsor's financial statements for 2002

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