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From: Pam Fox
Date: 1/5/2003
Time: 3:58:15 PM
Remote Name: 65.96.4.128
We have a developer looking to do a 40B project involving rehab and reuse of an historic house and barn on a main road in a National Register District. The CPC is considering the idea of using CPA historic preservation funds to help with the preservation component of the project. Questions: 1) What preservation standards would the developer have to meet in order to qualify for the preservation restriction (and therefore for the CPA funds). Do they need to meet the Secretary of the Interior Standards for Rehabilitation or can they do substantial reconstruction. Advancing this concept from an idea, which everyone seems to favor, to a buildable project that preserves the buildings and contains within them the type and uniformity of units they want seems more difficult than immediately apparent, particularly if the end result would not qualify for the restriction from a "preservation" viewpoint. 2) As this is a 40B project, a third of the units will have to be affordable. Aside from the town purchasing an additional unit (above that required anyway), is there any way that CPA affordaable housing money can be directed to this project, for example, to improve its appearance or the quality of construction?