Lexington Street / Parkview Homes

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Community Housing

192 Lexington Street
Auburndale, MA 02466

Goals

Create 10 units (29 bedrooms) of ownership housing with sustainable design and energy conservation features: 6 units affordable to households earning under 100 percent of the area median income (AMI) and 4 units affordable to households earning up to 80 percent of the area median. With the exception of the 2-bedroom, fully accessible unit (affordable at 80% AMI), all units in this project have 3 bedrooms.

Funding

Totals to be revised based on final state certification of project costs & revenue.

$2,046,000	CPA funds appropriated (community housing), including $5,000 for City of Newton Law Dept.
- $41,446	Additional revenue used to reimburse portion of CPA grant
$2,004,554	Net CPA funds spent
$173,000	CDBG funds (federal housing funds managed by Newton)
$867,727	HOME funds (federal housing funds managed by Newton)
$2,235,300	Sales revenues
$5,280,581	Total Project Cost

Contact

Geoffrey Engler, Vice President
SEB, LLC
165 Chestnut Hill Avenue, No. 2
Brighton, MA 02135
gengler@s-e-b.com
617-792-2300 x202

Proposal Review & Appropriations

2008

5 December 2008 - Proposal, with the following attachments:
- Budget
- Plans (large file, may load slowly)
- Project area maps
18 December 2008 - Purchase & sale agreement

2009

14 January 2009 - Public hearing presentation (includes drawings)
January 2009 - Outline of project specifications
February 2009 - Revised budget and plans
11 May 2009 - CPC funding recommendation, including summary of proposal changes since Dec. 2008 Submission, with the following attachments:
- Attachments pt 1: budget, appraisal, maps & plans
- Attachments pt 2: letters of support, summary of community meeting
23 June 2009 - Full agenda submitted for discussion by Aldermanic Committee on Community Preservation included these attachments:
- Site control & ownership: Law Dept. memo
- Alternative budgets: development and operating
- Design & construction: Planning Dept. comments, architect portfolio
- Zoning & permitting: waivers and variances requested
- Site engineering: results to date
- Traffic study: potential impacts
- Property values study: potential impacts
5 October 2009 - Board order (appropriation)

Project News

May 2009 - On the Ground: 40B Developments Before and After, Tufts University case studies of anticipated vs. actual impacts on property values & neighborhood character of affordable housing developments built with Comprehensive Permits). Both parts are large files & may load slowly:
- Part 1
- Part 2
November 2009-January 2010 Comprehensive Permit:
- 20 November & 29 December 2009 - Zoning Board of Appeals Comprehensive Permit decision & Planning staff memo (large file, may load slowly)
- 21 January 2010 - Comprehensive Permit
August 2010-June 2011 Grant Agreement:
- 10 August 2010 - Grant agreement
- 10 June 2011 - Amendment to grant agreement (very large file, may load slowly)
August 2011 - Project photos, in progress & after completion
May 2012 - Project awarded Gold Status in the U.S. Building Council's LEED sustainability program