CPA Projects – Detailed Report


Project Information
Forte Property, 76 Webster Park
Newton
157
207
Add an additional quarter-acre to the Dolan Pond Conservation Area and create 3 housing units with a total of 10 bedrooms that are permanently affordable to households at up to 80 percent of the area median income: 1 rental unit in a preserved historic home, 2 newly built ownership units. For details see project page on program website, www.newtonma.gov/cpa, under "Proposals & Projects." Restrictions recorded at the S. Middlesex Registry of Deeds: conservation restriction held by the Newton Conservators on land added to the City of Newton's Dolan Pond Conservation Area recorded 4 Sept. 2007, book 1343, page 146; conservation easement held by the City of Newton on the housing parcels recorded 7 July 2006, book 1323, page 140; affordability restriction for existing home recorded 27 July 2006, book 01323, page 140; affordability restriction for two new units recorded 24 August 2007, book 01343, page 65.
Project complete
07-14-2003
Project Category
Yes   Yes      
Project Details
Housing Units
3
0
3
Acres
0
1
0
0
Yes  
0
1
CPA Funding
$240,598
$866,151
$0
$0
$0
$1,106,749
$0
0
 
$0
Other Funding Sources Leveraged
$500,000
$0
$0
$0
$300,000
Estimated $300,000 of labor and materials donated through Habitat for Humanity for the 2 ownership units.
Total Project Cost
$1,906,749
$800,000
Show fields from Show fields from Show fields from a related table