CPA Proposals & Projects

Myrtle Village

 

Community Housing

 

12-24 Curve Street, West Newton, MA 02465

goals:

Redevelop two existing homes, built in ca. 1880 and 1900, into 7 permanently affordable rental units with a total of 15 bedrooms, as shown below.

unit mix:

affordability
max. household income
as % of area median income (AMI)
bedrooms bathrooms square feet construction method
50% AMI (fully accessible)  1  700  new construction
 50% AMI  2.5  1,200  new construction
70% AMI 2 1.5 990 rehab/ addition
 70% AMI  2 1.5   1,275 rehab/ addition 
85% AMI 2 1.5 990 rehab/ addition
 85% AMI  2  1.5 1,275  rehab/ addition 
85% AMI 3 2.5 1,200 new construction

 

funding:

$910,179 CP funds appropriated (community housing)
$604,679 Community Development Block Grant (City of Newton federal funds)
$339,000 HOME (City of Newton federal funds)
$591,746 Village Bank permanent loan
$632,000 developer equity
$3,077,604 TOTAL PROJECT COST
 

contacts:

  • Project Manager
    Shelby Robinson, for Myrtle Village, LLC
    21 Curve Street, West Newton, MA 02465
    617.782.2300 ext. 201
    myrtlevillage@gmail.com
    website: http://myrtlevillage.org/

  • Project Architect
    Angelo A. Kyriakides
    309 West Elm Street, Brockton, MA 02301
    508.584.3248
    aakarchitectinc@yahoo.com

  • Property Manager
    Jeanne Strickland, Executive Director 
    Newton Community Development Foundation 
    309 West Elm Street, Brockton, MA 02301 Newton Community Development Foundation
    425 Watertown St., Suite 205, Newton Corner, MA 02458
    617.244.4035
    jstrickland@ncdfinc.org
 

Funding Process

 

For final, 2013-14 proposal below, click here.

2011-12

 

27 July 2011 - pre-proposal, including: cover letter, summary & budgets; and preliminary site plans

1 February 2012 - full proposal project summary & project budgets, plus:  community need & outreach, property deeds & current mortgage, appraisals (2011) for 12 Curve Street and for 18-20 Curve Street, site, zoning & permitting, design & construction (including proposed site plans, elevations & floor plans), architect's qualifications, fair housing & affirmative marketing, site & project images (posted separately, but also included in proposal above: photos & floor plans of existing buildings, site plans, elevations & floor plans of proposed buildings)

3 February-March 2012 - supporting reviews of the proposal:

28 February 2012 - The CPC voted 7-0 to recommend full funding requested, but this recommendation was then held due to a potential conflict of interest:

  • 13 June 2012 - Housing staff update on steps for requesting an exception to U.S. Dept. of Housing and Urban Development conflict of interest rules.
  • The City of Newton preferred not to request an exception. A potential conflict of interest was eliminated by restructuring the governing board of Myrtle Village, LLC, but there was a 1-year waiting period before the proposal could be reconsidered.
 

2013-14

 

August-November 2013 - resubmitted full proposal, with updated project summary & project budgets; plus the following attachments (unless otherwise noted, unchanged from February 2012 submission above):

2 October 2013 - updated, independent appraisals commissioned by the Community Preservation Committee for 12 Curve Street and 18-20 Curve Street

12 October 2013 - project presentation for CPC public hearing

21 October 2013 - notes from community meeting

2013-2014 - supporting reviews of the proposal:

8 November 2013 - CPC funding recommendation

29 November 2013 - Planning & Development staff memo addressing community concerns expressed at public hearings (28 February 2012, 4 November 2013, 2 December 2013) or in writing; see references in the "Project News" section below

3 March 2014 - Board order (appropriation of funds)

 

Project News

 

25 February 2015 - Comprehensive Permit recorded at Registry of Deeds

23 April 2015 - Myrtle Village CPA grant agreement

 

Project Background

November 2006 - neighborhood history slide show, focusing on the impact of properties taken for construction of the Massachusetts Turnpike extension (long file, may load slowly)

2008 - Myrtle Baptist neighborhood on the National Register of Historic Places

affordable housing & property values

The November 2013 memo from Planning & Development staff above refers to the following studies:

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