Community Preservation Program

Newton Homebuyer Assistance Program

location: citywide (see map link below)
goals: Provide downpayment assistance to low- and moderate-income households for purchasing a home in Newton, in return for restrictions keeping those homes affordable to households at these income levels in perpetuity.
total funding:
$1,677,050 CP funds appropriated (community housing)
$475,000 CP funds appropriated October 2013 (community housing)

$2,152,050

total CP funds appropriated
contacts: Rieko Hayashi, Housing Planner
Newton Planning and Development Department
1000 Commonwealth Avenue
Newton Centre, MA 02459
email: rhayashi@newtonma.gov
phone: 617.796.1149

Trisha Kenyon Guditz, Housing Program Manager
Planning & Development Department
1000 Commonwealth Avenue
Newton Centre, MA 02459
email: tguditz@newtonma.gov
phone: 617.796.1156
Proposal Review & Appropriations
31 March 2003 CPC funding recommendation, phase 1 
17 May 2004 Board order, phase 1: appropriation $500,000
7 November 2005 proposal, phase 2
presentation, phase 2 (including photos)
3 March 2006 CPC funding recommendation, phase 2
20 March 2006 Board order, phase 2: appropriation $208,250
21 May 2008 proposal, phase 3 
28 May 2008 presentation, phase 3 (including photos)
23 June 2008 CPC funding recommendation, phase 3
6 October 2008 Board order, phase 3: appropriation $968,800
4 April 2012 pre-proposal, phase 4
revised
14 December 2012
proposal, phase 4  originally submitted 2 November 2012, with all attachments and initial letters of support; revised version includes minor program design changes
14 January 2013 additional letters of support (including Newton Housing Partnership and United Citizens for Housing Affordability in Newton)
revised
14 February 2013
PowerPoint presentation to the CPC, originally presented 24 January 2013
4 February 2013 CPC funding recommendation
22 May 2013 Newton Law Dept. memo on asset limits in homebuyer programs, requested by the Board of Aldermen's Finance Committee
7 October 2013  Board order (appropriation)
Project News
June 2008 map of all cases assisted, 2003-June 2008
August 2011 program funds used to purchase additional affordability for a unit previously restricted using non-CPA funding
November 2012 updated map of all cases assisted through 2 November 2012