CPA Proposals & Projects

Taft Avenue

Affordable Housing

 

54 Taft Avenue, West Newton, MA 02465

 

goals:

Rehabilitate and expand a small, existing single-family home in West Newton to create two units of permanently affordable rental housing: a 3-bedroom unit affordable to households at 80% of area median income, and a 2-bedroom unit affordable to households at 50% of area median income.

 

funding:

$584,029 CPA funds appropriated (housing)
$360,000 CDBG funds allocated (Newton-controlled federal housing funds)
$125,000 HOME funds allocated (Newton-controlled federal housing funds)
$75,000 private foundation grant and community fundraising
$1,144,029 TOTAL PROJECT COST
 

contacts:

  • Josephine McNeill, Executive Director
    Citizens for Affordable Housing in Newton
    Development Organization (CAN-DO)
    1075 Washington St.
    West Newton, MA 02465
    jam_cando@msn.com
    617.964.3527
    www.newtoncando.org
 

Funding Process

 

5 November 2014 - pre-proposal to the CPC, including: project summary, maps, photos, draft budgets, site & floor plans

9 January 2015 - full proposal to the CPC:

proposal background:

proposal analyses & evaluations:

received through 11 February 2015 - community letters & petitions submitted about this proposal

12 February 2015 - project sponsor's slide presentation to the CPC public hearing

23 February 2015 - CPC funding recommendation

6 April 2015 - Board order (appropriation)

 

Project News

 

20 November 2015 - CPA grant agreement

February 2016 - approved affirmative marketing plan

29 March 2016 - perpetual affordability restriction (regulatory agreement), as recorded at the Registry of Deeds

 

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