CPA Proposals & Projects

Eddy Street

Affordable Housing

54 Eddy Street, Newtonville, MA 02465

goals:

Create 2 units of permanently affordable rental housing, one for households at up to 50% of the area median income and one for households up to 80% in a two-family house with a total of 5 bedrooms, built in 1914.

funding:

$243,572 CPA funds (community housing)
$11,428 of the original $255,500 CPA grant was returned unspent upon completion.
$690,250 CDBG funds
$120,000 long-term bank mortgage
$50,000 foundation grant
$1,103,822 TOTAL PROJECT COST
 

contacts:

  • Jennifer Van Campen, Executive Director
    Citizens for Affordable Housing Development in Newton Organization (CAN-DO)
    79-B Chapel Street, Nonantum, MA 02458
    jvc@metrowestcd.org
    617.923.3505
    website: www.newtoncando.org

Proposal Review & Appropriations

13 June 2012 - pre-proposal, including preliminary budget

14 June 2012 - online realtor photos (received 30 August 2012. previous versions rec'd June-July 2012, then updated; this long file may load slowly.)

30 August 2012 - full proposal (revised from June & July 2012 versions), including development and operating budgets (this long file may load slowly),
including:

24 August 2012 - letter from Newton Housing Partnership to Planning & Development Board, re: request for CDBG and CPA funds

September-October 2012  - additional information:

5 & 14 November 2012 - presentation in support of proposal, to Newton Planning & Development Board & Community Preservation Committee

  • architect's photos, in support of development budget/scope of work (this very large file may load slowly)
  •  petition (citizen signatures) supporting the project, as submitted by proposal sponsor

27 November 2012 - CPC funding recommendation

17 December 2012 - Board order (appropriation)

Project News

25 March 2013 - CPA funding agreement, including affordable housing covenant/ restriction as recorded at Registry of Deeds

20 March 2013 - mortgage securing CDBG funds

15 May 2013 - construction contract

17 July 2013 - building permit

6 August 2013 - affirmative marketing plan

April-May 2014 - final project report (including photos)

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