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DESCRIPTION OF CAN-DO'S CPA PROJECTS

CAN-DO submitted an application for two separate projects, as described below. One of the projects is a homeownership project and the other a rental project. The desire to create community-housing opportunities for city employees was often cited as a rationale for the passage of the act during the campaign. These two projects will address the housing needs of two distinct economic groups.

Homeownership Project - $300,000 in funding to reduce the cost of each of the three market rate units in the Highlands Glen Condominium project under construction on Christina Street. The grant of CPA funds, the units will enable CAN-DO to market the condos to three city employees with family incomes at or below 100% of the area median income. Each unit contains three bedrooms, 2 and 1/2 bathrooms, a kitchen and a living/dining room. The units will have unfinished basements and central air-conditioning.

Rental Project - $200,000 to assist in the purchase of a two-family house in West Newton. Each of the units will be rented to families with Section 8 certificates.

If you have need of any further information, please feel free to call Josephine McNeil at 617-964-3527.

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Copyright (C) 2004. Citizens for Affordable Housing in Newton Development Organization. All Rights Reserved

 

CAN-DO, affordable housing, transitional housing, congregate living, Newton, Massachusetts, Josephine McNeil, YIMBY, Louis H. Garfield House, Christina Street, Kayla's House, Kayla A. Rosenberg, Highlands Glen Condominiums, Webster Street, U-CHAN, Uniting Citizens for Housing Affordability in Newton, Ted Hess-Mahan, federal HOME program, CDBG, Young Parent Program, NWW, NCSC, Newton Community Service Centers, DMH, DMR, SRO, Community Preservation Act, Newton Community Preservation Committee, zoning, non-profit, moderate income, Bob Swett Excellence in Housing Award, Newton Womens' Commission, Newton2000