CPA Proposals & Projects

Newton Housing Authority

contacts:

  • Amy Zarechian, Executive Director
    Newton Housing Authority
    82 Lincoln Street, Newton Highlands, MA 02461
    email: azarechian@newtonhousing.org
    phone: 617.552.5501

projects below:


Haywood House/Jackson Road

New Senior Housing

fronting on John F. Kennedy Circle, Newton Corner, MA 02458; rear facing Jackson Road

Click on the following links to

goals:

In a new building with two elevators and community space for utilities and supportive services, create 55, permanently affordable one-bedroom rental units for residents at least 62 years old, restricted by income as follows: 11 units for households with up to 30% of the Area Median Income (AMI); 21 units for households with up to 60% AMI; and 23 units for households at up to 99% of AMI. 3 units will be fully accessible and 4 will be designated for households that have been homeless or are at risk of homelessness.

total funding:  

(updated to reflect 7 June 2018 proposal #3 below)
$3,000,000 CPA funds appropriated
$625,000     Newton Inclusionary Zoning Fund
$625,000     CDBG (Newton-controlled federal funds)
$6,200,000 permanent loan (bank / public agencies)
$11,000,000 9% Low Income Housing Tax Credits (LIHTC) and 4% Massachusetts Housing Tax Credits
 $750,000   MA HOME funds (state-controlled federal funds)
$1,000,000  MA (DHCD) Affordable Housing Trust Fund (AHTF)
$750,000    MA Facilities Consolidation Fund (FCF)
 $750,000    MA Housing Stabilization Fund (HSF)
$750,000     MA Community Based Housing Fund (CBH)
$656,417     Deferred developer fee
$26,106,417 Approx. TOTAL PROJECT COST

 

Funding Process

2016-17

26 February 2016 - pre-proposal ($1 million in CPA funding)

10 March 2016 - minutes of the CPC's pre-proposal discussion

22 March 2017 - Newton Housing Authority update to CPC

15-31 May 2017 - revised pre-proposal ($2 million in CPA funding)

16 June 2017 - phase 2 site environmental assessment

16 June 2017 - market analysis (estimating effective demand for these units)

7 July 2017 - full proposal #1, requesting $2 million in CPA funding for 42 units

4 August 2017 - letters to the CPC about this proposal (League of Women Voters, Council on Aging, Fair Housing Committee)

2017-18

20 December 2017 - 9 January 2018 - full proposal #2, requesting $2.5 million in CPA funding for 55 units; including project budgets, sponsor finances, design & construction summary, zoning & permitting summary, letters of support submitted by sponsor, and updated project images & floor plans

25 January 2018 - community letters received to date (not submitted by proposal sponsor)

19 February 2018 - CPC proposal #2 funding recommendation, later placed on hold at the Housing Authority's 4 April 2018 request

7-21 June 2018 (minor corrections July 2018)  - full proposal #3, requesting $3 million in CPA funding for 55 units, including: updates on site control & permitting, project budgets, slightly updated site & floor plans (showing two elevators), project accessibility, fair housing, sponsor finances, and letters of support submitted by sponsor

26 July 2018 - CPC proposal #3 funding recommendation to City Council

23 January 2018, updated October 2018 - presentation to CPC public hearing (updated to reflect presentation to Planning & Development Board, for CDBG request)

15 October 2018 - City Council order (appropriation)

  • Note: These CPA funds can only be released through a grant agreement. The CPC has asked the Housing Authority to request a second CPC vote authorizing execution of this agreement once all funding required to complete the project has been committed.

Project News

1874-1929 - historic maps of the project area

7 May 2018 - City Council revision of prior Jackson Gardens Special Permit, required for current Haywood House project to proceed

26 July 2018 - Haywood House project Comprehensive Permit


Wyman Street Apartments

52-54 Wyman Street, Waban, MA 02468

goals: Create 10 deed-restricted, 2-bedroom units of rental housing that will be permanently affordable to households with up to 50 percent of the area median income, in a 1950s building in the village center of Waban, on the MBTA's Green Line.

total funding:
$1,000,000 CP funds appropriated & spent (community housing)
$1,550,000 City of Newton inclusionary zoning funds
$1,000,000 Village Bank mortgage
$17,995 CDBG de-leading grant (Newton fed'l funds)
$3,567,995 TOTAL PROJECT COST

 

Funding Process

 

2004

October 2004 - proposal, with

10 December 2004 - Planning Dept. staff memo:

15 December 2004 - CPC funding recommendation (revised April 2005)

2005

19 April 2005 - CPC memo to Board of Aldermen on tenant income levels

19 April 2005 - Board order (appropriation)

Project News

27 July 2005 - project grant agreement

May 2009 - confirmation of total project costs

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