20.010 An Order to Appropriate CPA Funds to Community Builders for North Commons Project
City of Northampton
MASSACHUSETTS
_________
In City Council, January 16, 2020
Upon the recommendation of the Community Preservation Committee
20.010 An Order
to Appropriate CPA Funds to Community Builders for North Commons Project
Ordered, that
WHEREAS, The Community Builders submitted an application for Community
Preservation Act funding for creation of affordable housing units at
the North Commons project;
WHEREAS, in conjunction with the Village Hill Apartments, the project will
create approximately 65 units of mixed income rental housing at
Village Hill on two parcels, and 35 of these will be restricted to
households and individuals earning 60% of area median income or
below;
WHEREAS, playgrounds and approximately 30 acres of open space are are part of the
project and will be open and available for use by the public;
WHEREAS, The Community Builders has an excellent record of providing affordable housing in
Northampton and beyond;
WHEREAS, t he project will leverage funds from a variety of other sources and has
wide community support;
WHEREAS, on November 20, 2019, the Northampton Community
Preservation Committee voted unanimously to recommend that
$250,000 in Community Preservation Act funds be used to support
this project.
NOW, THEREFORE BE IT ORDERED,
That $250,000 be appropriated from Community Preservation Act funding to The
Community Builders for the North Commons project. And, that the grantee
meets the conditions approved by the Community Preservation Committee, the
Mayor, and City Council.
Specifically, $1 4 2 , 000 is appropriated from the CPA Affordable Housing Reserve
(account #2344930-359933), and $108,000 is appropriated from the CPA Undesignated
Reserve (account #2344930-359930).