CPA Proposals & Projects

Lexington Street / Parkview Homes

Community Housing

192 Lexington Street, Auburndale, MA 02466

goals:

Create 10 units (29 bedrooms) of ownership housing with sustainable design and energy conservation features: 6 units affordable to households earning under 100 percent of the area median income (AMI) and 4 units affordable to households earning up to 80 percent of the area median. With the exception of the 2-bedroom, fully accessible unit (affordable at 80% AMI), all units in this project have 3 bedrooms.

funding:

Totals to be revised based on final state certification of project costs & revenue.

$2,046,000 CPA funds appropriated (community housing), including $5,000 for City of Newton Law Dept.
- $41,446 additional revenue used to reimburse portion of CPA grant
$2,004,554 net CPA funds spent
$173,000 CDBG funds (federal housing funds managed by Newton)
$867,727 HOME funds (federal housing funds managed by Newton)
$2,235,300 sales revenues
$5,322,027 TOTAL PROJECT COST

contacts:

  • Geoffrey Engler, Vice President
    SEB, LLC
    165 Chestnut Hill Avenue, No. 2
    Brighton, MA 02135
    gengler@s-e-b.com
    617.792.2300 x202

Proposal Review & Appropriations

2008

5 December 2008 - proposal, with the following attachments:

18 December 2008 - purchase & sale agreement

2009

14 January 2009 - public hearing presentation (includes drawings)

January 2009 - outline of project specifications

February 2009 - revised budget and plans

11 May 2009 - CPC funding recommendation, including summary of proposal changes since Dec. 2008 submission, with the following attachments:

23 June 2009 - full agenda submitted for discussion by Aldermanic Committee on Community Preservation included these attachments:

5 October 2009 - Board order (appropriation)

Project News

May 2009 - ON THE GROUND: 40B Developments Before and After, Tufts University case studies of anticipated vs. actual impacts on property values & neighborhood character of affordable housing developments built with Comprehensive Permits). Both parts are long files & may load slowly:

November 2009-January 2010 Comprehensive Permit:

August 2010-June 2011 grant agreement:

August 2011 - project photos, in progress & after completion

May 2012 - project awarded Gold Status in the U.S. Building Council's LEED sustainability program

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