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VH CPA Application all sections - 9.14.181 COMMUNITY PRESERVATION PROJECT APPLICATION COVER SHEET I: Project Information Project Title: Village Hill Apartments Project Summary: The Community Builders (TCB) proposes to develop 65 units of mixed income rental housing at Village Hill on two parcels – one at the far north of the campus (53 units on Lot 13-A called North Commons) and one infill lot located near the main entry (12 units plus 2,500 sf of commercial on Lot 20 called 35 Village Hill Road). TCB was selected by MassDevelopment through a competitive process to develop these parcels, and a Land Disposition Agreement has been executed. The 65 housing units are comprised of studio, one-bedroom, two-bedroom and three- bedroom apartments. Of these, at least 8 units will house extremely low-income households (<30% AMI); approximately 28 units will house low-income households (<80% AMI); and approximately 29 units will house moderate-income households (“Workforce Housing” <120% AMI). TCB is committed to using sustainable design and energy efficiency and has a goal to meet “Passive House” standards for North Commons. This large multi-family building also features a significant amount of open space including a playground, walk paths, and flat, green lawn space for the benefit of building occupants as well as the larger Village Hill community. The addition of 65 mixed-income rental units at Village Hill will promote economic diversity within this planned community. TCB was the original developer at Village Hill completing 73 units of affordable rental housing in two Low Income Housing Tax Credit projects as part of the first phase of redevelopment of the Northampton State Hospital. Adding the proposed 65 units will allow for improved efficiencies in operations and increased on-site TCB property management staff. It is anticipated that approximately 29 acres of undeveloped land adjacent to the Mill River will be preserved through a conservation restriction with the City of Northampton as part of this project. TCB is partnering with Valley Community Development Corporation to develop Village Hill Apartment. Valley is the project co-sponsor and community liaison. Estimated start date: March 2020 (construction start) Estimated completion date: September 2021 (sustained occupancy) 3 Narrative: 1. Project Location This Project is located on the Village Hill campus, off of West Street / Route 66. It includes two non-contiguous parcels – one at the far north end of the campus (53 units on Lot 13-A known as North Commons) and one infill lot located near the main entry (12 units plus 2,500 sf commercial space on Lot 20 known as 35 Village Hill Road). A map is attached showing how these two lots relate to the larger Village Hill campus. TCB was selected by MassDevelopment in a competitive process to develop these parcels, and a Land Disposition Agreement has been executed (also attached). This location is well suited for the proposed Project for the following reasons: • Village Hill is a planned community with a variety of housing types from 73 affordable rental apartments (originally developed by TCB) to high end market ownership properties including condominiums and single family homes. Our proposed development will add additional affordable rental apartments serving households at 80% or less of Area Median Income (AMI) as well as “workforce rental housing” serving households earning less than 120% of AMI. The proposed project will increase the economic diversity of the Village Hill neighborhood. • The site is within one mile of downtown Northampton. There is a PVTA bus stop in front of the main entrance to the Village Hill campus, and a new ValleyBike Share station directly across from 35 Village Hill Road, with connecting bike trailsnearby. • The North Commons site is approximately 41 acres, but the improved sections of the parcel for the proposed compact development will result in ample open space: over an acre will be available for recreation uses and approximately 29 acres of undeveloped land adjacent to the Mill River will be preserved through a conservation restriction with the City. • 35 Village Hill Road is a smaller (less than an acre) in-fill parcel, surrounded by developed land. 2. Community Preservation Criteria The proposed Project meets all 11 of the General Criteria for Project Evaluation as detailed in the Overview on page 6 in the Northampton Community Preservation Plan 2016-2018 (CP Plan) -- from serving more than one CPA program area, to addressing recommendations contained in Sustainable Northampton, to placing high value on sustainable, energy conservation methods of construction, to saving resources that would otherwise be threatened. 1. Serves more than one CPA program area – Both Community Housing and Open Space 2. Contributes to preservation of Northampton’s unique character/quality of life/vitality of community – Provides rental housing for a variety of income ranges adding to Northampton’s social and economic diversity. By concentrating the physical development, the project also allows for more open space for the community. 4 3. Addresses recommendations from City-wide planning efforts – As discussed below, the proposed project meets recommendations regarding community housing as detailed in Sustainable Northampton and the Northampton Open Space Plan. 4. Saves threatened resources – The concentration of the physical development will maximize undeveloped green areas, including lands bordering a river. 5. Serves underserved populations – The proposed project will contain approximately 36 apartments which will serve low income households earning less than 80% AMI; of these 36 apartments, at least eight (8) will house extremely low income households (30% AMI). 6. Places high value on sustainability/energy conservation – North Commons has been designed to meet “Passive House” performance standards. These standards are focused on achieving the absolute minimum energy use required for heating, and feature a highly insulated building envelope, high performance windows and doors, balanced heat / moisture recovery ventilation, and maximizing solar gain. In addition to low costs for heating, the end result of such construction is also healthy indoor air quality. Both buildings will be constructed to be “solar ready” for PV panels and, if budget permits, will include PV panels. 7. Receives endorsements – TCB and Valley first presented the project to the Northampton Housing Partnership (NHP) in September, 2017. The Partnership voted in support of the project and a letter of support is attached. Following a number of community meetings, a group of Village Hill residents provided a letter of support, also attached. 8. Leverages public/private funds – The proposed project will leverage a high percentage of non-CPA funds including: federal and state Low Income Housing Tax Credits (LIHTC); state subsidy sources including MassHousing Workforce funds, FCF, CBH, HSF, and AHTF; local CDBG; and private construction and permanent financing. 9. Demonstrates a high benefit/cost value – The provision of community housing is an excellent benefit to the community especially since the housing will be highly energy efficient new construction, affordable rental housing in perpetuity. 10. Implemented expeditiously and within budget – TCB is a highly respected and competent affordable housing developer with a proven track record of completing similar scale projects on time and within budget. 11. Advances a public purpose – The provision of affordable rental housing and maintaining open space are two prioritized endeavors that are reflected in many of Northampton’s municipal planning documents. This Project meets specific CPA Community Housing and Open Space criteria, as follows: Community Housing: The Northampton Community Preservation Plan 2016-2018 (CP Plan) states that “Affordable housing promotes social and economic diversity in the City’s population.” The proposed Project will include approximately 36 apartments which will benefit persons whose income is at or below 80% of the Area Median Income (AMI) by providing housing that is restricted to low and moderate income individuals and at rent levels affordable to this population. Of these 36 apartments, at least eight (8) units will house extremely low-income households (<30% AMI). 5 These 36 units are eligible under the CPA Community Housing criteria. The balance of the units – 29 apartments – will house moderate income households earning less than 120% of AMI. Many of these households are expected to earn between 60-100% AMI which is consistent with CPA Community Housing criteria. At least 36 units which are tax credit restricted will be eligible for listing on the State’s Subsidized Housing Inventory and all units will have affordability restrictions in place with the State for a minimum of 30 years. These units are also expected to have an affordable housing restriction with the City for 99 years. The Proposed Project meets 11 of the 14 Community Housing Program Evaluation Criteria detailed in the CP Plan including: • create community housing with focus that matches community needs; • promote and encourage use by diverse groups; • provide housing that is harmonious in design and scale with surrounding community; • intermingle affordable and market rate housing; • ensure long term affordability; • credit for Subsidized Housing Inventory; • high level of energy efficiency; North Commons will meet “Passive House” standard; • mixed use development opportunity; • housing that provides walking, biking and use of public transportation; • housing for households with incomes at or less than 80% of AMI and based on community needs; and special consideration to provide some units to extremely low income households below 30% AMI. Open Space: As detailed in the CP Plan, “open space also enhances the quality of life for its residents. Undeveloped areas provide places to experience beauty, solitude and a connection to the natural environment.” This project includes open space for recreation (playing field and playground) and creation of new trail connections and connections to existing trails. It is anticipated that approximately 29 acres of undeveloped land adjacent to the Mill River will be preserved through a conservation restriction with the City. The proposed Project meets many of the Project Eligibility Criteria for Open Space including: • protecting fields and forest lands; • protecting rivers/streams (Mill River); • scenic vistas; • land for wildlife habitat; • urban parks (playground); • conservation areas; • provides opportunities for passive recreation; • provides connections with existing multi-use trails; • provides valuable open space opportunities in urban neighborhoods and near environmental justice populations; 6 • advances goals of the 2011-2018 Open Space, Recreation, and Multi-Use Trail Plan. 3. Community Needs Housing Community Needs: This Project meets community needs identified within the City’s Northampton Housing Needs Assessment and Strategic Housing Plan, prepared May 2011. Priority housing needs identified in the Plan include: “Rental Housing for Families: There is a significant need to house families, particularly those earning within the poverty level, as well as growing numbers of smaller households that are increasingly including single parents with children as well as unrelated individuals. There are substantial numbers of two-person households with unmet housing needs as such households are now estimated to comprise about 4,000 households, or about one-third of all households, yet smaller housing units are in short supply. The Housing Authority also has substantial numbers of families on their wait list for larger units indicating a further need for larger subsidized rental units.” (pages 5-6) The proposed Project will address these priority needs by creating at least eight (8) units for households earning less than 30% AMI. Another 28 units will benefit households with incomes at or below 80% of AMI. The CP Plan states in several places under Community Housing its desire to promote a variety of housing for different income levels. It specifically notes that the “provision of affordable, workforce and moderate income housing has been a priority in Northampton long before CPA” (page 18). Under Producing and Preserving Affordable Housing (page 20): “Finally, according to the Needs Assessment, the City needs to focus on increasing the supply of affordable housing at a variety of levels of affordability including both rental and homeownership options.” Open Space Community Needs: The Conservation Commission and Planning Board have identified 18 of the Northampton’s most urgent open space needs. The Proposed project meets eight (8) of these 18 including: passive recreation opportunities, linkage of open space parcels to provide for passive recreation and wildlife movement; protection of vistas and viewsheds; protection of forestland; development that is sensitive to ecological resources and open space; develop more multi-use trails and linkages to provide access to active and passive recreation; permanent protection for recreation/park areas; and providing additional recreational opportunities. 4. Long-Term Preservation Long-term Preservation: An Affordable Housing Restriction (AHR) will be recorded at the Registry of Deeds in conjunction with the award of CPA and / or CDBG funds. This AHR restriction will require the housing units at 30% and 80% AMI to remain affordable for a period of 99 years. 7 It is anticipated that approximately 29 acres of undeveloped land adjacent to the Mill River will be preserved through a conservation restriction with the City in perpetuity. 5. Community Support: TCB and Valley CDC met with the Northampton Housing Partnership (NHP) September, 2017to introduce the project and present latest plans. A letter of support is attached. The Project was presented to the Village Hill Neighborhood Association in a series of meetings (June, August, September 2017). The Neighborhood Association has appointed a “Liaison Group” to meet more frequently with TCB and Valley CDC. At all meetings, there has been strong support expressed by Village Hill residents, who especially appreciate the increase in open space, trail connections, and new playground area that are part of this project. A letter of support from Village Hill residents is attached. 6. Success Measures: The following milestones and measures will be used to gauge success of the Project as it progresses through the pre-development, development, and sustained occupancy phases. Short-term success measures (years 1-2) in the pre-development phase include: complete schematic plans (complete); obtain zoning approval (complete); submit funding applications (partially complete). Mid-term success measures (years 2-3) in the development phase include: complete designs (70% complete); secure all necessary financing (partially complete); select General Contractor; undertake construction; market units; screen applicants; conduct a lottery; and lease up all units to new tenants. Long-term success measures (4+ years) during the sustained occupancy phase include: maintain consistent occupancy with a vacancy rate of less than 5%; positive cash flow annually; effective asset management and adequate capital reserves. 7. Ongoing Maintenance and Upkeep: Ongoing operations of the property will be monitored by funders, particularly the Department of Housing & Community Development, through review of financial and residency records and regular on-site inspections of the property. Professional property management services (including on-site property management staff) will be contracted to the property management division of TCB to ensure that routine maintenance and capital needs are addressed. Annual replacement reserves will be set aside ($400 per unit; $26,000 per year)1 to address future capital needs. The proposed development will benefit from the existing, established TCB property management team based at Village Hill managing TCB’s existing 73 affordable rental units. 1 Based on current modeling for North Commons. The annual amount of replacement reserve funding will be set based on investor and lender requirements. 8 Project Budget As required, development budgets (one for 35 Village Hill Road and one for North Commons) showing all projected sources and uses and long term operating budgets (20 year) are attached. CPA funds are shown as one of multiple sources within the development budget and are expected to be used to pay for direct construction costs. Construction costs are based upon estimates provided by local general contractors. Multi-Year Funding In 2017, TCB requested $350,000 in CPA funds for this project and was awarded $50,000. This $300,000 request represents the balance of the original request. All CPA funds will be used during the development (construction) phase. As illustrated below in the Project Timeline, this Project is expected to take approximately three (3) years to complete. The project’s financial closing and construction start is contingent upon DHCD award which may take more than one round to secure. Note: TCB submitted 35 Village Hill Road (12 unit building) in a One Stop funding competition to DHCD in spring 2018 (the Community Scale Housing Initiative). Funding announcement is pending and expected soon. If this pending application is funded, 35 Village Hill Road will proceed to construction in 2019 and North Commons will proceed following the timeline provided below. If 35 Village Hill Road is not funded through the pending application, it will re-join North Commons and both sites will proceed according to the timeline below. Project Timeline TASK COMPLETION DATE STATUS TCB Selected as Developer by MassDevelopment March 2017 Complete Site Control August 2017 Complete Schematic Design Plans September 2017 Complete Info Meetings w/ Village Hill Neighborhood Assoc Summer – fall 2017 Complete Introduce Project to Northampton Housing Partnership September 11, 2017 Complete MassDev Review/Approval of SD Plans September 2017 Complete MassDev Approves Permit Set Site Plan Set October 2017 Complete Site Plan Approval by City; Permits Issued February 2018 Complete 9 CPA Commitment of $50K March 2018 Complete Community Scale Housing Submission to DHCD May 2018 Complete CDBG Commitment of $150K June 2018 Complete 70% Construction Plans September 2018 Complete One Stop Submission February 2019 DHCD/MassHousing Funding Announcements August 2019 DHCD Closing on Funds February 2020 Construction Start March 2020 Market Units; hold Lottery November 2020 Construction Completion & Certificate of Occupancy Issued April 2021 Lease up May-August 2021 Sustained Occupancy September 2021 Feasibility Primary feasibility activities are included in the above timeline. Tasks to ensure feasibility include obtaining permits and approvals and securing necessary financing. There are no other known barriers or impediments to project implementation. Zoning Approval – The two sites that comprise this Project have both been approved by the Planning Board under a 40-R district. Permits are included in the attachments. Environmental Issues – The proposed Property is not in a floodplain and does not contain any wetlands or endangered species. A Phase I Environmental Site Assessment was completed in April 2018 and no environmental hazards were identified. An excerpt from the report is attached. Financing – Securing sufficient financing for this Project is a key feasibility task. TCB projects that multiple public and private sources of funds will be required, with the largest source being federal Low Income Housing Tax Credits (LIHTC). Funds committed to date include: $50,000 – Northampton CPA $150,000 – Northampton CDBG Letter of Interest (LOI) from Mass Housing for soft debt and permanent financing through the Workforce Housing Program LOI from Citizens Bank for Construction Financing Commitment letters and LOIs are attached. 10 TCB, with its co-sponsor Valley Community Development Corporation, will apply for the majority of financing through the Department of Housing & Community Development (DHCD) One Stop funding round (including LIHTC). Pre-Applications are expected to be due in November 2018, and if invited to apply, full applications due in February 2019. Having a strong indication of local support through local funds committed is necessary to meet DHCD’s threshold requirements for local dollar support, and will greatly increase the competitiveness of the application for funding in the One Stop round, particularly as the project has been in its predevelopment phase for over one year and is fully on DHCD’s radar. TCB has a strong track record of raising financing for affordable housing projects at this scale, including the prior affordable rental projects at Village Hill (Hilltop Apartments and HillSide Place). As noted above, funding for 35 Village Hill Road is pending through the DHCD Community Scale Housing Initiative. Restrictions/Conservation - We anticipate granting a conservation restriction to the City of Northampton for approximately 29 acres of land adjacent to the Mill River. Maps The following maps are attached: Village Hill Campus with two lots highlighted Aerial View Map showing proximity to bus and downtown Photos Photos of the sites Plans 35 Village Hill Road: Rendering, Site Plan, Elevations, and Floor Plans North Commons: Rendering, Site Plan, Elevations, and Floor Plans North Commons - Existing Conditions 35 Village Hill Road - Existing Conditions Copyright Davis Square Architects, Inc.c Designed Checked Date Project No. Scale D r a w i n g N o . Project Title \\MOS-SRV2\cd\sharedat\Everyone\17\17031.00 - Village Hill Northampton\Drawings\Active Drawings\VHN SD_CURRENT.dwg NEW CONSTRUCTION AT 35 VILLAGE HILL ROAD NORTHAMPTON, MA TITLE PAGE EXTERIOR RENDERING BW CB 17031 N/A 2018-05-14 A 0 0 1 O N E - S T O P 2018 LANDSCAPE DRAWING LISTL1.1 EXISTING CONDITION S O V E R A L L L1.2 EXISTING CONDITION S L1.3 SITE PLANL1.4 GRADING & UTILITY P L A N L1.5 SITE DETAILS ARCHITECTURAL DRAWING LISTA001 RENDERINGA100 SITE PLANA101 1ST FLOOR PLANA102 2ND FLOOR PLANA103 3RD FLOOR PLANA104 ROOF PLANA201 EXTERIOR ELEVATIONSA501 SITE SECTIONSA502 WALL SECTIONSA503 WALL SECTIONS 3 5 V i l l a g e H i l l R o a d - S e l e c t P l a n s 6 ' P e d e s t r i a n E a s e m e n t P l a n B o o k 2 1 6 , P a g e 7 1 estrian Easement Plan Book 216, Page 71 B R I C K S I D E W A L K S E E D E T A I L 4 / L . 5 S I D E W A L K T O R E M A I N E X I S T I N G S I D E W A L K S & P A R K I N G T O R E M A I N C O N C R E T E W A L K S E E D E T A I L 2 / L . 5 R A I N G A R D E N F O R R O O F W A T E R . S E E D E T A I L 6 / L . 5 C O N C R E T E S T E P S S E E D E T A I L 3 / L . 5 A C C E S S I B L E S P A C E S A N D C U R B R A M P S T O R E M A I N S T E E L B E N C H E S ( 2 ) S E E D E T A I L 7 / L . 5 REMOVE & RESET EX.GRANITE CURB TO PROVIDENEW ACCESSIBLE AISLE NEW STRIPED AISLE& HC PARKING SYMBOL NEW ACCESSIBLE CURB CUTSEE DETAIL 5/L.5ALIGN SIDEWALKS CONCRETE WALKSEE DETAIL 2/L.5 STEEL BENCHSEE DETAIL 7/L.5 6 ' 6 ' 1 2 . 5 ' 4 . 0 ' 8 ' 1 5 ' 5' 1 0 ' 2 0 ' R12'8' 6 V T 2 H V 2 5 G M 9 H S 5 M S 5 S S 1 1 C R 5 I V 1 C K 8 H S 6 A V 3 H Q 7 I G 1 H C 2 A P 1 CA 1 C A 5 B B 12 MP 1 0 0 B F LANDSCAPE BOULDERS(SIZES VARY) 1 5 G M 2 5 B F 6 ' 6 ' 1 5 ' 6 ' BIKE RACKS (2)SEE DETAIL 8/L.5 L A N D S C A P E B O U L D E R S ( S I Z E S V A R Y ) 1 H V Copyright Davis Square Architects, Inc.c R E V I S I O N S / S U B M I S S I O N S N o . D a t e D e s i g n e d C h e c k e d D a t e P r o j e c t N o . S c a l e D r a w i n g N o . 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A l l l i n e s o r p o i n t s a r e p e r p e n d i c u l a r o r p a r a l l e l t o l i n e s f r o m w h i c h t h e y a r e m e a s u r e d u n l e s s o t h e r w i s e n o t e d . 3 . T h e C o n t r a c t o r s h a l l v e r i f y a l l l a y o u t , d i m e n s i o n s , g r a d e s , a n d i n v e r t s p r i o r t o c o n s t r u c t i o n ; r e p o r t a n y a n d a l l d i s c r e p a n c i e s t o t h e L a n d s c a p e A r c h i t e c t . A l l d i s c r e p a n c i e s s h a l l b e r e s o l v e d i n w r i t i n g p r i o r t o b e g i n n i n g w o r k . 4 . A l l a r e a s d i s t u r b e d f r o m c o n s t r u c t i o n a c t i v i t y t o b e r a k e d , s m o o t h e d , f e r t i l i z e d a n d s e e d e d w i t h p e r e n n i a l t u r f g r a s s e s u n l e s s o t h e r w i s e n o t e d . 5 . A l l n e w w a l k s a n d s u r f a c e s t o m e e t e x i s t i n g w a l k s a n d s u r f a c e s w i t h s m o o t h , c o n t i n u o u s l i n e a n d g r a d e . 6 . T h e C o n t r a c t o r s h a l l n o t i n s t a l l c o n c r e t e d u r i n g a d v e r s e w e a t h e r c o n d i t i o n s ( r a i n , s l e e t , e t c . ) u n l e s s o t h e r w i s e d i r e c t e d b y t h e L a n d s c a p e A r c h i t e c t . L a y o u t N o t e s 1 . A l l n u r s e r y s t o c k s h a l l c o m p l y w i t h t h e l a t e s t s t a n d a r d s o f t h e A m e r i c a n N u r s e r y & L a n d s c a p e A s s o c i a t i o n w i t h r e g a r d t o g r a d i n g a n d q u a l i t y . 2 . A l l p l a n t s s h a l l c o n f o r m t o t h e m e a s u r e m e n t s s p e c i f i e d , e x c e p t t h a t p l a n t s l a r g e r t h a n t h o s e s p e c i f i e d m a y b e u s e d i f a p p r o v e d b y t h e L a n d s c a p e A r c h i t e c t . 3 . A l l p l a n t s s h a l l b e n u r s e r y g r o w n i n a c c o r d a n c e w i t h g o o d h o r t i c u l t u r a l p r a c t i c e s a n d s h a l l b e g r o w n u n d e r c l i m a t i c c o n d i t i o n s s i m i l a r t o t h o s e i n t h e p r o j e c t l o c a l i t y f o r a t l e a s t t w o y e a r s . 4 . B a l l e d a n d b u r l a p p e d p l a n t s ( B & B ) s h a l l b e m o v e d w i t h t h e r o o t s y s t e m a s s o l i d u n i t s ; r o o t b a l l s s h a l l b e f i r m l y w r a p p e d w i t h b u r l a p . C o n t a i n e r g r o w n p l a n t s s h a l l n o t b e r e m o v e d f r o m c o n t a i n e r p r i o r t o t h e t i m e o f i n s t a l l a t i o n ; r o o t s y s t e m s h a l l b e f i r m l y s e t i n c o n t a i n e r . 5 . P l a n t i n g s o i l m i x s h a l l c o n s i s t o f s e v e n ( 7 ) p a r t s l o a m a n d o n e ( 1 ) p a r t p e a t m o s s b y v o l u m e , w i t h a p H v a l u e o f 5 . 0 t o 6 . 0 . 6 . A l l t r e e s a n d s h u r b s t o r e c e i v e t w o ( 2 ) f e r t i l i z e r p a c k e t s a s s h o w n i n d e t a i l s . 7 . P l a n t i n g b e d s t o r e c e i v e 4 " d e p t h o f b a r k m u l c h . 8 . A l l p l a n t m a t e r i a l s h a l l b e g u a r a n t e e d f o r o n e f u l l g r o w i n g s e a s o n ( o n e y e a r ) a f t e r i n s t a l l a t i o n . 9 . A n y p l a n t m a t e r i a l w h i c h d i e s , t u r n s b r o w n o r u n e x p e c t e d l y d e f o l i a t e s p r i o r t o a c c e p t a n c e o f w o r k s h a l l b e p r o m p t l y r e m o v e d f r o m t h e s i t e a n d r e p l a c e d w i t h m a t e r i a l o f t h e s a m e s p e c i e s , q u a l i t y , s i z e a n d m e e t i n g a l l p l a n t i n g s p e c i f i c a t i o n s . 1 0 . P l a n t i n g l a y o u t s h a l l b e a p p r o v e d b y t h e L a n d s c a p e A r c h i t e c t p r i o r t o i n s t a l l a t i o n . P l a n t i n g N o t e s P l a n t L i s t K e y Q t y B o t a n i c a l N a m e C o m m o n N a m e S i z e T R E E S 2 0 " D B H o r L A R G E R P R O P O S E D F O R R E M O V A L 1 = 2 6 " T O T A L T R E E C A L I P E R R E M O V E D = 2 6 " T O T A L T R E E C A L I P E R R E P L A C E M E N T R E Q ' D = 1 3 " T R E E S P R O P O S E D F O R R E P L A C E M E N T 1 @ 2 . 5 " c a l . = 2 . 5 " 3 @ 2 " c a l . = 6 " L O T 1 3 A T R E E S = 5 " T O T A L T R E E C A L I P E R R E P L A C E D = 1 3 . 5 " T r e e R e p l a c e m e n t p e r 3 5 0 - 1 2 . 3 1 R e v i s i o n s t o M a s s D e v c o m m e n t s 1 2 / 0 4 / 1 7 P A R A P E T T Y P E 1 PARAPET TYPE 25/4x8 CORNERBOARD1x6 WINDOW TRIM WITHRAMS CROWNHISTORIC WINDOW SILLFIBER CEMENT PLANK SIDINGRESIDENTIALENTRY CANOPY D E C O R A T I V E B R A C K E T S B R I C K C O R B E L S C A S T S T O N E H E A D E R C A S T S T O N E S I L L D O U B L E H U N G W I N D O W B R I C K J A M B S B R I C K V E N E E R T A P E R E D F I B E R G L A S S C O L U M N S C O N T I N U O U S B A N D O F T R I M & P A N E L I N G B R I C K C O L U M N B A S E TAPERED FIBERGLASS COLUMNS S T O R E F R O N T F R A M I N G & G L A Z I N G ST O R E F R O N T O F F I C E E N T R Y DOUBLE HUNG WINDOWS S O U T H E L E V A T I O N 1 / 1 6 " = 1 ' - 0 " WEST ELEV A T I O N 1/16" = 1' - 0 " NORTH ELEVATION1/16" = 1'-0" E A S T E L E V A T I O N 1 / 1 6 " = 1 ' - 0 " C o p y r i g h t D a v i s S q u a r e A r c h i t e c t s , I n c . c D e s i g n e d C h e c k e d D a t e P r o j e c t N o . S c a l e Drawing No. P r o j e c t T i t l e \ \ M O S - S R V 2 \ c d \ s h a r e d a t \ E v e r y o n e \ 1 7 \ 1 7 0 3 1 . 0 0 - V i l l a g e H i l l N o r t h a m p t o n \ D r a w i n g s \ A c t i v e D r a w i n g s \ V H N S D _ C U R R E N T . d w g 2 0 1 8 O N E - S T O P A201 2 0 1 8 - 0 5 - 1 4 A S N O T E D 1 7 0 3 1 C B B W E X T E R I O R E L E V A T I O N S N O R T H A M P T O N , M A 3 5 V I L L A G E H I L L R O A D N E W C O N S T R U C T I O N A T UP UPDN DN UPUP UP 5,498 SF LEVEL 1 5,062 SF LEVEL 2 WALL LEGEND: 2-HOUR FIRE-RESISTANCE-RATED ASSEMBLY 1-HOUR FIRE-RESISTANCE-RATED ASSEMBLY GENERAL NOTES: THE PROPOSED STRUCTURE IS TYPE VA R-2: NEW RESIDENTIAL APARTMENTS MAINTAIN FIRE RATINGS OF ALL FIRE-RESISTANCE-RATED WALL AND FLOOR ASSEMBLIES. PROVIDE ALL REQUIRED FIRESTOPPING, DAMPERS, RATED DOORS AND FRAMES, ETC. AT ANY AND ALL PENETRATIONS. REQUIRED RATINGSPER THE 9TH EDITION OF THE MASSACHUSETTS STATE BUILDING CODE CMR 780 WHICH IS COMPRIZED OF THE 2015 EDITION OF THE IBC AND MASSACHUSETTS AMMENDMENTS THERETO. REQUIRED RATINGS ARE LISTED. DESIGNED RATINGS MAY BE HIGHER. REFER TO GENERAL NOTES ON THIS PAGE, WALL TYPES - A004, A005, A006 AND CONSTRUCTION PLANS. AVERAGE FINISH GRADE (AFG)THE AVERAGE FINISH GRADE IS ELEVATION ____ EGRESS PATH GROSS AREA BOUNDARY 2 1 C A B D E 3 7 6 5 4 8 12 1 110 9 13 Designed Title Project Drawing No. Scale Project No. F G H J K L M 1 2 3 4 5 6 7 8 91011 12 13 NOTE S DO NOT SCALE DRAWINGS. Consultant Checked Date c As indicated BW CB 2018-07-02 A010 AREA PLANS 35 VILLAGE HILL ROAD NORTHAMPTON, MA 17031.02 DD S ET NEW CONSTRUCTION 1/8" = 1'-0" A-1 LEVEL 1 GROSS AREA PLAN 1/8" = 1'-0" G-1 LEVEL 2 GROSS AREA PLAN No. REVISIONS/SUBMISSIONS Date UP UP UP UPDN 5,070 SF LEVEL 3 555 SFSTUDIOUNIT 101 573 SF STUDIO-CBHUNIT 102 1,363 SFOFFICESUITE B 1,118 SF RETAILSUITE A 2 1 C A B D E 3 7 6 5 4 8 12 1 110 9 13 Designed Title Project Drawing No. Scale Project No. F G H J K L M 1 2 3 4 5 6 7 8 91011 12 13 NOTE S DO NOT SCALE DRAWINGS. Consultant Checked Date c 1/8" = 1'-0" BW2 CB 2018-07-02 A011 AREA PLANS 35 VILLAGE HILL ROAD NORTHAMPTON, MA 17031.02 DD S ET NEW CONSTRUCTION 1/8" = 1'-0" A-1 LEVEL 3 GROSS AREA PLAN 1/8" = 1'-0" G-1 LEVEL 1 RENTABLE AREA PLAN No. REVISIONS/SUBMISSIONS Date DN DN UP UP DN DN 692 SF 1-BEDUNIT 201 890 SF2-BEDUNIT 202 695 SF1-BEDUNIT 203 682 SF1-BEDUNIT 204 878 SF2-BEDUNIT 20512 ' - 8 1 / 4 " 13'-10" 890 SF 2-BEDUNIT 302 692 SF 1-BEDUNIT 301 695 SF 1-BEDUNIT 303 682 SF 1-BEDUNIT 304 878 SF 2-BEDUNIT 305 2 1 C A B D E 3 7 6 5 4 8 12 1 110 9 13 Designed Title Project Drawing No. Scale Project No. F G H J K L M 1 2 3 4 5 6 7 8 91011 12 13 NOTE S DO NOT SCALE DRAWINGS. Consultant Checked Date c 1/8" = 1'-0" BW CB 2018-07-02 A012 AREA PLANS 35 VILLAGE HILL ROAD NORTHAMPTON, MA 17031.02 DD S ET NEW CONSTRUCTION 1/8" = 1'-0" A-1 LEVEL 2 RENTABLE AREA PLAN 1/8" = 1'-0" G-1 LEVEL 3 RENTABLE AREA PLAN No. REVISIONS/SUBMISSIONS Date North Commons at Village Hill Watershed Protection Overlay District Farms, Forests And Rivers OveFarms, Forests And Rivers Overlay DistrictPlanned Village District (PV)Rural Residential District (RR) G r a d i n g E a s e m e n t P l a n B o o k 2 2 4 , P a g e 1 1 2 EϮϯΣϯ Ϭ Ζ Ϯ ϵ Η t ϭ Ϭ ϱ ͘ Ϯ ϰ Ζ ^ Ϯ ϯ Σ ϯ Ϭ Ζ Ϯ ϵ Η 1 1 0 . 5 3 ' ^ Ϯ ϯ Σ ϯ Ϭ Ζ Ϯ ϵ Η 1 1 1 . 0 3 ' E ϲ ϲ Σ Ϭ Ϯ Ζ ϭ ϲ Η E ϲ ϲ Σ Ϭ Ϯ Ζ ϭ ϲ Η 7 6 . 5 6 ' 1 5 ' A c c e s s & U t i l i t y E a s e m e n t 8 6 . 7 8 ' E ϲ ϴ Σ Ϯ ϯ Ζ ϯ Ϯ Η ϴ ϴ ͘ Ϭ Ϭ Ζ ^ ϲ ϲ Σ ϯ ϲ Ζ Ϯ ϴ Η 1 6 . 9 7 ' E ϲ ϳ Σ ϭ Ϯ Ζ ϯ ϱ Η 9 2 . 5 5 ' ^ Ϭ ϵ Σ ϯ ϳ Ζ Ϯ Ϯ Η 1 1 6 . 1 0 ' ^ ϱ ϵ Σ Ϭ Ϯ Ζ Ϭ ϰ Η 3 8 . 6 3 ' F o r d C r o s s i n g O l a n d e r D r i v e 2 3 0 2 3 0 2 2 5 2 2 0 2 1 5 2 1 0 2 0 5 2 3 0 2 3 0 230235 230235 240 2 3 5 235 230 2 3 0 2 2 5 2 2 0 2 1 5 225220 2 3 0 225 2 2 0 2 1 5 2 1 0 210 2 0 5 2 2 5 2 2 0 2 1 5 2 1 0 2 0 5 2 0 0 1 9 5 2 0 0 2 0 5 2 1 0 2 1 5 2 2 0 2 2 5 2 3 0 220215 210 205215210 2 1 0 2 0 5 RELOCATED MULTI-USE TRAIL10' WIDE GRAVEL PATHSEE DETAIL 10/L.6CONCRETE BLOCKRETAINING WALL, TYP.SEE DETAIL 9/L.8CONCRETE STAIRS & SIDEWALKSEE DETAIL 3/L.6 & 3/L.7 DUMPSTER ENCLOSURESEE DETAIL 1/L.9CONCRETE SIDEWALK& ACCESSIBLE CURB CUTSEE DETAILS 3/L.6 & 7/L.6 S P E C I M A N T R E E T O B E P R O T E C T E D & R E M A I N , T Y P . 4' WIDE GRAVEL PATHSEE DETAIL 10/L.6 B I T U M I N O U S C O N C R E T E P A V I N G . S E E D E T A I L 1 / L . 6 C O N C R E T E S I D E W A L K S E E D E T A I L 3 / L . 6 R A I S E D C R O S S W A L K S E E D E T A I L 8 / L . 6 ϭцZ^dKMASSDEVELOPMENT CO N C R E T E P A V E R P A T I O & M O D U L A R S E A T W A L L SEE D E T A I L S 4 / L . 6 & 1 0 / L . 8 BI T U M I N O U S C O N C R E T E S I D E W A L K S E E D E T A I L 2 / L . 6 W O O D F R A M E D S H E L T E R S E E D E T A I L 3 / L . 9 4 ' W I D E G R A V E L P A T H S E E D E T A I L 1 0 / L . 6 P L A N T E D B U F F E R S E E S H E E T L . 5 PLA Y G R O U N D E Q U I P M E N T S E E D E T A I L S H E E T L . 1 0 POURED - I N - P L A C E S U R F A C I N G , ROLLER SL I D E & G R A S S P L A Y H I L L S E E D E T A I L S H E E T L . 1 1 OPEN LAWN R A I N G A R D E N S E E D E T A I L 8 / L . 8 D R I V E W A Y O P E N I N G F O R C O H O U S I N G A C C E S S R O A D . S E E D E T A I L 1 0 / L . 7 N E W 8 ' W I D E M U L T I - U S E T R A I L C O N N E C T I O N . T O B E C O N S T R U C T E D A S P A R T O F F U T U R E C O H O U S I N G P R O J E C T . S E E A L S O S H E E T L . 1 2 RAIN GARDENSEE DETAIL 8/L.8 EXISTING MULTI-USE TRAIL.REGRADE AND TOP W/NEW GRAVEL AS NEEDED. P R O J E C T B O U N D A R Y / P R O P E R T Y L I N E R E M A I N I N G L A N D T O C I T Y O F N O R T H A M P T O N F O R C O N S E R V A T I O N P O L E L I G H T , T Y P . O F 5 S E E D E T A I L 4 / L . 7 G R O U N D S I G N S E E D E T A I L 6 / L . 9 COVERED BIKESTORAGESEE DETAIL 2/L.9 INFORMAL FOOTPATHTRAIL CONNECTION W O O D P I C N I C T A B L E S W O O D F I B E R S U R F A C I N G S E E D E T A I L 4 / L . 9 GRANITE CURBSEE DETAIL 5/L.6 ACCESSIBLE PARKING SYMBOLS,STRIPING & SIGNAGE WOOD GUARD RAIL, TYP.SEE DETAIL 11/L.7 P O L E L I G H T , T Y P . O F 5 S E E D E T A I L 4 / L . 7 C O N C R E T E S I D E W A L K S E E D E T A I L 3 / L . 6 P O L E L I G H T , T Y P . O F 5 S E E D E T A I L 4 / L . 7 OPEN LAWN 18'24'18' 2 2 ' 8 ' 2 2 ' 8 ' 2 2 ' T Y P . 8 ' 5 ' 2 2 ' 8 ' 5 ' 8 ' 2 4 ' 27'8'8'8'8'8'8'18'24'9' TYP.24' 4 ' 5 ' 5 ' R39' R 3 8 ' R 1 4 6 ' R 3 0 ' 28'12'7'28'30' 1 2 ' 5 ' 5 1 ' 37'39'4'27'15' 8 . 5 ' 68'10' R 1 5 ' R27'6'9'17' 2 0 ' 80' 8 8 ' 2 0 ' R 2 0 ' R 2 0 ' 1 5 ' ϴ ϴ Σ Ζ ϵ Ϭ Σ 1 3 ' 1 1 ' R 6 0 0 ' R 3 8 0 ' 8 0 ' R 3 2 ' 57'6'6.5' 2 0 ' C O N C . D O O R P A D P I N N E D T O B L D G C O N C R E T E T R A N S F O R M E R P A D 5 ' 5 ' END BIT. CONC. PATH.START GRAVEL PATH.26' 7 ' 5 ' 4'4'STEEL BENCH,TYP. OF 6SEE DETAIL 3/L.10R11'15'TRAIL EASEMENT 83'24'10'4' WIDE GRAVEL PATHSEE DETAIL 10/L.6 STEEL BENCHES (2),TYP. OF 6SEE DETAIL 3/L.10 N E W 8 ' W I D E M U L T I - U S E T R A I L C O N N E C T I O N . T O B E C O N S T R U C T E D A S P A R T O F F U T U R E C O H O U S I N G P R O J E C T . S E E A L S O S H E E T L . 1 2 P R O P O S E D S T R E E T S I G N T O B E A P P R O V E D B Y T H E D P W G R A N I T E C U R B S E E D E T A I L 5 / L . 6 SPECIMAN TREE TO BEPROTECTED & REMAIN, TYP.TREE GRATES (2)SEE DETAIL 2/L.10 C O N N E C T I O N T O F U T U R E M E M O R I A L P A R K 2 0 ' 15' Copyright Davis Square Architects, Inc.c R E V I S I O N S / S U B M I S S I O N S N o . D a t e D e s i g n e d C h e c k e d D a t e P r o j e c t N o . S c a l e D r a w i n g N o . C o n s u l t a n t P r o j e c t T i t l e 2345 6 7 8 9 1 0 1 1 1 2 1 3 1 A B C D E F G H J K L M 2345 6 7 8 9 1 0 1 1 1 2 1 3 1 N O T E S D O N O T S C A L E D R A W I N G S . F:\Hospital Hill\TCB_CDC\SUBMISSIONS\SITE PLAN SUBMISSION\VH-TCB - LOT13A_permit set.dwg L O T 1 3 A - N E W C O N S T R U C T I O N V I L L A G E H I L L N O R T H A M P T O N , M A S I T E P L A N L O T 1 3 A J D S P H W 1 7 0 3 1 . 0 0 1 " = 4 0 ' 2 0 1 7 - 1 0 - 1 5 L . 3 P E R M I T S U B M I S S I O N 2017 T h e B e r k s h i r e D e s i g n G r o u p , I n c . P l a n n i n g C i v i l E n g i n e e r i n g L a n d s c a p e A r c h i t e c t u r e L a n d S u r v e y i n g D R A F T 1 . D o n o t s c a l e d r a w i n g s f o r q u a n t i t y t a k e - o f f s o r c o n s t r u c t i o n . U s e w r i t t e n d i m e n s i o n s o n l y . I f d i m e n s i o n s a r e i n c o m p l e t e , c o n t a c t T h e B e r k s h i r e D e s i g n G r o u p , I n c . f o r c l a r i f i c a t i o n . 2 . A l l l i n e s o r p o i n t s a r e p e r p e n d i c u l a r o r p a r a l l e l t o l i n e s f r o m w h i c h t h e y a r e m e a s u r e d u n l e s s o t h e r w i s e n o t e d . 3 . T h e C o n t r a c t o r s h a l l v e r i f y a l l l a y o u t , d i m e n s i o n s , g r a d e s , a n d i n v e r t s p r i o r t o c o n s t r u c t i o n ; r e p o r t a n y a n d a l l d i s c r e p a n c i e s t o t h e L a n d s c a p e A r c h i t e c t . A l l d i s c r e p a n c i e s s h a l l b e r e s o l v e d i n w r i t i n g p r i o r t o b e g i n n i n g w o r k . 4 . A l l a r e a s d i s t u r b e d f r o m c o n s t r u c t i o n a c t i v i t y t o b e r a k e d , s m o o t h e d , f e r t i l i z e d a n d s e e d e d w i t h p e r e n n i a l t u r f g r a s s e s u n l e s s o t h e r w i s e n o t e d . 5 . A l l n e w w a l k s a n d s u r f a c e s t o m e e t e x i s t i n g w a l k s a n d s u r f a c e s w i t h s m o o t h , c o n t i n u o u s l i n e a n d g r a d e . 6 . T h e C o n t r a c t o r s h a l l n o t i n s t a l l c o n c r e t e d u r i n g a d v e r s e w e a t h e r c o n d i t i o n s ( r a i n , s l e e t , e t c . ) u n l e s s o t h e r w i s e d i r e c t e d b y t h e L a n d s c a p e A r c h i t e c t . L a y o u t N o t e s LEVEL 1230' - 0"LEVEL 1230' - 0" LEVEL 2240' - 6"LEVEL 2240' - 6" ATTIC LEVEL261' - 4"ATTIC LEVEL261' - 4" FOUNDATION226' - 0"FOUNDATION226' - 0" LEVEL 3251' - 0"LEVEL 3251' - 0" ROOF LEVEL269' - 10 1/4"ROOF LEVEL269' - 10 1/4" FIBER CEMENT PLANK SIDING FIBER CEMENT BOARD & BATTEN SIDING EXPOSED CONCRETE ARCHITECTURAL ASPHALT SHINGLES LEVEL 1230' - 0"LEVEL 1230' - 0" LEVEL 2240' - 6"LEVEL 2240' - 6" ATTIC LEVEL261' - 4"ATTIC LEVEL261' - 4" FOUNDATION226' - 0"FOUNDATION226' - 0" LEVEL 3251' - 0"LEVEL 3251' - 0" ROOF LEVEL269' - 10 1/4"ROOF LEVEL269' - 10 1/4" LEVEL 1230' - 0"LEVEL 1230' - 0" LEVEL 2240' - 6"LEVEL 2240' - 6" ATTIC LEVEL261' - 4"ATTIC LEVEL261' - 4" FOUNDATION226' - 0"FOUNDATION226' - 0" LEVEL 3251' - 0"LEVEL 3251' - 0" ROOF LEVEL269' - 10 1/4"ROOF LEVEL269' - 10 1/4" 2 1 C A B D E 3 7 6 5 4 8 121110 9 Designed Title Project Drawing No. Scale Project No. F G H J K L M 1 2 3 4 5 6 7 8 91011 12 NOTE S Consultant Checked Date c Building No. N O P 13 14 15 13 14 15 1/8" = 1'-0" BW CB 2018-08-15 A201 EXTERIOR ELEVATIONS NORTH COMMONS AT VILLAGE HILL NORTHAMPTON, MA 17031.01 DD S ET NEW CONSTRUCTION 1/8" = 1'-0" A-1 SOUTH ELEVATION 1 1/8" = 1'-0" L-1 NORTH ELEVATION No.REVISIONS/SUBMISSIONS Date 1/8" = 1'-0" F-1 EAST ELEVATION 2 LEVEL 1230' - 0" LEVEL 2240' - 6" ATTIC LEVEL261' - 4" FOUNDATION226' - 0" LEVEL 3251' - 0" ROOF LEVEL269' - 10 1/4" LEVEL 1230' - 0" LEVEL 2240' - 6" ATTIC LEVEL261' - 4" FOUNDATION226' - 0" LEVEL 3251' - 0" ROOF LEVEL269' - 10 1/4" LEVEL 1230' - 0" LEVEL 2240' - 6" ATTIC LEVEL261' - 4" FOUNDATION226' - 0" LEVEL 3251' - 0" ROOF LEVEL269' - 10 1/4" 2 1 C A B D E 3 7 6 5 4 8 121110 9 Designed Title Project Drawing No. Scale Project No. F G H J K L M 1 2 3 4 5 6 7 8 91011 12 NOTE S Consultant Checked Date c Building No. N O P 13 14 15 13 14 15 1/8" = 1'-0" BW CB 2018-08-15 A202 EXTERIOR ELEVATIONS NORTH COMMONS AT VILLAGE HILL NORTHAMPTON, MA 17031.01 DD S ET NEW CONSTRUCTION No.REVISIONS/SUBMISSIONS Date 1/8" = 1'-0" F-8 SOUTH ELEVATION 2 1/8" = 1'-0" A-1 WEST ELEVATION 1/8" = 1'-0" F-1 EAST ELEVATION REF. REF. A B C REF. R E F .R E F . REF. DW DW DW D W D W R E F . D W R E F . D W R E F . D W R E F . D W R E F . D W REF. DW RE F . REF. DW UP DW D WREF. REF. UP UP DN DW RE F . DW A202F-1 A201 A201 L-1 A-1A202 F-8 A-1 A502 A-8 A503 A-8 A501 J-1 A501 34' - 8" 402 SFOFFICE CONTROL 2 A501 299 SFLIVING/DINING ENTRY 167 SFBED 1 124 SFBED 3 175 SFBED 2 B-T2 B-T3 K-T6 227 SFLIVING/DINING 225 SFLIVING/DINING216 SFLIVING/DINING 223 SFLIVING/DINING169 SFBED 1 159 SFBED 2 165 SFBED 1167 SFBED 1 220 SFLIVING/DINING 159 SFBED 1 B-T1 K-T ENTRY K-T ENTRY B-T1 B-T1 ENTRY K-T B-T1 B-T1 ENTRY K-T K-T ENTRY K-T B-T1 B-T1 K-T B-TB-TMAIL B-T1 K-T1 B-T1 ENTRY K-T2 K-T1 B-T1 K-T ENTRY B-T W.I.C. A201F-1 A202 A-1 605 SFCOMMUNITY K-T? VESTIBULE MEP ROOM CLO. ELEVATOR A-1 A503 J-1 A502 MEP A301A-1 5' - 7"5' - 7"4' - 0"4' - 5"3' - 9"4' - 4"3' - 4"3' - 1"7' - 0"6' - 0"3' - 1"3' - 8"8' - 0"7' - 0" 176 SFBED 2 263 SFLIVING/DINING K-T 166 SFBED 1 925 SFLOBBY 225 SFLIVING/DINING 159 SFBED 2 169 SFBED 1 163 SFBED 2 169 SFBED 1 225 SFLIVING/DINING 159 SFBED 2 169 SFBED 1 169 SFBED 1 159 SFBED 2 225 SFLIVING/DINING 223 SFLIVING/DINING 168 SFBED 1 11 ' - 6 1 / 4 " 12' - 10"10 ' - 7 7 / 8 " 192 SFBED 1 7' - 6 " 9' - 8 " 9' - 8 " 7' - 6 " 7' - 4 " 6' - 6 " 9' - 8 " 9' - 8 " 6' - 6 " 157 SFBED 2 A110 A-1 E1 E1 E1 D1 D1 D1 D1 H V A C HVAC CLO. E1 E1 B 84 B A 84 84 84 A 84 84 84 84 A A A A DDA B A A B B D A C A A C A A A A D B D B B B C B B D A A A A A A C A A C A A A A A A C CC C CAA A A A C A A A BDBD B A A C C A A A A A A A A AA ACA A A C C W2 D1 D1 D1 D1 D1 D1 D1 D1 W7 W7 D3 E1 D1 D1 D1 D1 D1D1 W7 E1 E2E1 E1 E2 E1 E1 E2 E1E1 E1 E1 E1 E2 E1 E1 E1 E1E2 E1 E2E1 E2 E1E1E2E1 E2 E1 E1 E2 E1 E2 E1 E2 E1E1 E1 E1 E2 E1 E1 E2 E1 E2 E1 E1 E2 E1 E2 E1 W2 W2 W2 D1 D1 D1 D1 W2 W2 W7 W2W3 W2 W5 W2 W4 W4 W2 W7 D2 D1 D1 D1 D1 D1 D1 D1 D1 D1 D1 D1 D3 D3 D1 D3 M2 D1 M2 D3 D1 D1 W6 D1 W6 D1 D1 D1 D1 D1 D3 D1 W7 D1 D1 D1 D1 W2 D1 D1 D1 D3 D1 D1 D1 W1 W2 W2 W5 W2 D1 W7 D1 W5 W2 W2D2 W6 W1 W7 W1 W2 W3 W4 W1 D1 K-T ENTRY B-T 296 SFLIVING/DINING M1 E2 D1 2 1 C A B D E 3 7 6 5 4 8 121110 9 Designed Title Project Drawing No. Scale Project No. F G H J K L M 1 2 3 4 5 6 7 8 91011 12 NOTE S Consultant Checked Date c Building No. N O P 13 14 15 13 14 15 1/8" = 1'-0" BW CB 2018-08-15 A101 LEVEL 1 PLAN NORTH COMMONS AT VILLAGE HILL NORTHAMPTON, MA 17031.01 DD S ET NEW CONSTRUCTION No. REVISIONS/SUBMISSIONS Date REF. A B C W/DWD REF. REF. REF. DW DW DW REF. DW DW REF. DW REF. DW R E F . D W R E F . D W R E F .R E F . D W D W R E F . D W R E F . D W R E F . D W REF. DW UP DN D WREF. DN DN UP UP R E F . D W R E F . D W R E F . D W W D W/DW/D REF. DW RE F . DW A202F-1 A201 A201 L-1 A-1A202 F-8 A-1 A502 A-8 A503 A-8 A501 J-1 A501 2 A501 216 SFLIVING/DINING 219 SFLIVING/DINING155 SFBED 2163 SFBED 1223 SFLIVING/DINING 161 SFBED 1 219 SFLIVING/DINING 155 SFBED 2 163 SFBED 1 159 SFBED 2 165 SFBED 1 214 SFLIVING/DINING 146 SFBED 1 134 SFBED 2 217 SFLIVING/DINING 161 SFBED 1 217 SFLIVING/DINING 161 SFBED 1 K-T? HALL 219 SFLIVING/DINING 155 SFBED 2 163 SFBED 1 K-T2 ENTRY B-T1 163 SFBED 1 155 SFBED 2 219 SFLIVING/DINING 161 SFBED 1217 SFLIVING/DINING 120 SFBED 3 164 SFBED 2 162 SFBED 1 286 SFLIVING/DINING B-T1 ENTRY K-T2 K-T2 268 SFLAUNDRY 219 SFLIVING/DINING 155 SFBED 2 163 SFBED 1 219 SFLIVING/DINING 155 SFBED 2 163 SFBED 1 A201F-1 A202 A-1 B-T1 B-T1 219 SFLIVING/DINING155 SFBED 2163 SFBED 1 217 SFLIVING/DINING 161 SFBED 1 217 SFLIVING/DINING 161 SFBED 1 B-T W.I.C. B-T1 B-T1 K-T1 K-T1 A-1 A503 J-1 A502 A301 F-1 5' - 7"4' - 0"4' - 5" 5' - 6" 10' - 6"6' - 0 1/2"5' - 6" 6' - 6 1/2"5' - 6"6' - 6 1/2"8' - 0" 5' - 0"10' - 6" B-T1K-T1B-T1 B-T1 B-T1 ENTRY K-T2 K-T1 B-T1 B-T1 K-T1 B-T1K-T1K-T2 ENTRYB-T1 10' - 6 1/2"10' - 8"12' - 0" 12 ' - 1 0 1 / 2 " B-T1 B-T1 118 SFBED 3 147 SFBED 1 132 SFBED 2 234 SFLIVING/DINING 34 ' - 4 " 7' - 4 " 32 ' - 4 " 36' - 0" ENTRY K-T 7' - 6 " 9' - 8 " 9' - 8 " 7' - 6 " H V A C HVAC H V A C K-T2 K-T2 ENTRY ENTRY K-T E1 E2 E1 E1 E1 E1 E2 2 1 C A B D E 3 7 6 5 4 8 121110 9 Designed Title Project Drawing No. Scale Project No. F G H J K L M 1 2 3 4 5 6 7 8 91011 12 NOTE S Consultant Checked Date c Building No. N O P 13 14 15 13 14 15 1/8" = 1'-0" Designer Author 2018-08-15 A102 LEVEL 2 PLAN NORTH COMMONS AT VILLAGE HILL NORTHAMPTON, MA 17031.01 DD S ET NEW CONSTRUCTION No. REVISIONS/SUBMISSIONS Date REF. REF. A B C UP DW DN DW REF. DW REF. DW REF. DW REF. DW REF. DW D WREF. REF.DW R E F . D W R E F . D W R E F . D W DN REF. DW R E F . D W R E F . D W R E F . D W R E F . D W DN A202F-1 A201 A201 L-1 A-1A202 F-8 A-1 A502 A-8 A503 A-8 A501 J-1 A501 2 A501 221 SFLIVING/DINING 154 SFBED 1137 SFBED 2 269 SFLIVING/DINING154 SFBED 2 155 SFBED 1 120 SFBED 3 K-T B-T ENTRY K-T? ENTRY B-T3 330 SFSTUDIO B-T3 228 SFBED 1 K-T? B-T?ENTRY 330 SFSTUDIO 330 SFSTUDIO 330 SFSTUDIO A201F-1 A202 A-1 B-TENTRYK-T 277 SFLIVING/DINING 284 SFLIVING/DINING A-1 A503 J-1 A502 A301L-1 422 SFMANAGEMENT 5' - 10"5' - 10" 201 SFBED 1 271 SFLIVING/DINING 330 SFSTUDIO 330 SFSTUDIO 194 SFBED 1 318 SFSTUDIO 298 SFLIVING/DINING 228 SFBED 1 298 SFLIVING/DINING 228 SFBED 1 228 SFBED 1 277 SFLIVING/DINING 194 SFBED 1 K-T11 299 SFSTUDIO B-T2 298 SFLIVING/DINING K-T K-T ENTRY ENTRY B-T3 B-T3 B-T3 B-T2 ENTRY ENTRY K-T B-T ENTRY K-T9 ENTRYK-T10 B-T1 B-T1 B-T1 K-TENTRY E2 E2 E2 D1 D1E2 H V A C HVAC H V A C E3 E2 E2 2 1 C A B D E 3 7 6 5 4 8 121110 9 Designed Title Project Drawing No. Scale Project No. F G H J K L M 1 2 3 4 5 6 7 8 91011 12 NOTE S Consultant Checked Date c Building No. N O P 13 14 15 13 14 15 1/8" = 1'-0" BW - 2018-08-15 A103 LEVEL 3 PLAN NORTH COMMONS AT VILLAGE HILL NORTHAMPTON, MA 17031.01 DD S ET NEW CONSTRUCTION No. REVISIONS/SUBMISSIONS Date 4. Attachments The following items are attached: • Budgets • Land Disposition Agreement Excerpt (full Agreement available upon request) • Zoning Permits for 35 Village Hill Road and North Commons • Northampton Housing Partnership Letter of Support • Village Hill Neighbors Letter of Support • Phase I Environmental Site Assessment dated April 30, 2018 Excerpt (full report available upon request) • Funding Commitment Letters and Letters of Interest • Names and Addresses of Development and Design Team • Evidence that professional standards will be followed • Fair Wage Compliance Certificate IX. SOURCES AND USES OF FUNDS SOURCES OF FUNDS Permanent Sources Private Equity: Developer’s Cash Equity:…………………………………………………… $100 Tax Credit Equity (net amount)……………………………………………… $0 Federal Home Loan Bank…………………………………………………… $0 Developer’s Fee/Overhead……………………………………………………. $50,000 Other Source: MassHousing Workforce $1,200,000 Total Private Equity $1,250,100 Public Equity: HOME……………………………………………………………………… $0 CDBG……………………………………………………………………… $50,000 Other: Northampton CPA ……………………… $50,000 Total Public Equity $100,000 Subordinate Debt: Source Rate (%)Amort (yrs) Term (yrs) CSHI 0% 50 50 $1,300,000 0%$0 0%$0 0%$0 0%$0 Total Subordinate Debt $1,300,000 Permanent Debt (senior): Annual Debt Lender Rate (%) Amort (yrs) Term (yrs) Service MassHousing 6% 40 40 $92,696 $1,361,018 % $ $0 Total Permanent Senior Debt $1,361,018 Total Permanent Sources $4,011,118 Construction Period Financing Construction Loan: Source Rate (%) Term (mos) Construction Perm Loan(s) 4.25% 24 $1,361,018 Repayment Final Closing (event) Construction Period Equity: Source $0 Repayment (event) Other Interim Loan: Bridge Loan Source Rate (%) Term (mos) TBD Construction Bridge Loan(s) 4.25% 24 $1,220,000 Repayment Final Closing (event) Total Construction Period Financing $2,581,018 35 Village Hill Road - 12 units USES OF FUNDS Development Budget: Total Per Unit Acquisition $20,000 $1,667 Direct Construction $2,564,708 $213,726 Construction Contingency $128,235 $10,686 Subtotal: Construction $2,692,944 $224,412 Architectural & Engineering $307,055 $25,588 Environmental Analysis $4,325 $360 Survey and Permits $8,569 $714 $3,468 $1,250 Legal $41,611 Title & Recording $15,000 Development Consulting: Community Liaison $32,437 $2,703 Appraisal $3,460 $288 Construction Loan Interest $105,000 $8,750 Clerk of the Works $22,437 $1,870 Real Estate Taxes $1,081 $90 Insurance $40,000 $3,333 Accounting & Cost Certification $15,000 $1,250 Rent up / Marketing $10,000 $833 Market Study $3,460 $288 Inspections $1,250 $104 Fees to: DHCD $2,500 $208 Fees to: Construction Loan $74,2858 $6,238 Fees to: PreDev Loan $12,434 $1,036 Credit Enhancement Fees $0 $0 Other Financing Fees $1,081 $90 Other: Furniture & Equipment $14,688 $1,224 Other: Financing Contingency $18,642 $1,553 Soft Cost Contingency $52,271 $4,356 Subtotal: General Development $787,161 $65,597 Subtotal: Acquisition, Construction and General Development $3,500,105 $291,675 Capitalized Reserves $0 $0 Developer Overhead $255,507 $21,292 Developer Fee $255,506 $21,292 Total Development Cost $4,011,118 $334,260 Total Net Development Cost*$3,961,118 $330,093 *Net of any Developer Overhead or Fees which are contributed or loaned to the project. X. OPERATING PRO-FORMA Rent Schedule (monthly per unit): Low Income Rental Assist Low Income Below 50% Low Income Below 60% Low Income Below 80% Market Over 80% Other Over 80% SRO - - - - - - - 0 Bedroom - - - $1,100 - - $1,100 1 Bedroom - - - $1,200 - - $1,350 2 Bedroom - - - $1,454 - - $1,700 3 Bedroom - - - - - - - 4+Bedroom - - - - - - - Income (annual): Total ($) Per Unit ($) Gross Rental Income $192,744 $16,062 Vacancy/Collection ($9,637) ($803) Effective Gross Income $183,107 $15,259 Other Income: $15,300 $1,275 Total Project Income $198,407 $16,533 Expenses (annual): Management Fee $11,904 $992 Administrative $27,367 $2,281 Maintenance $6,950 $579 Resident Services $0 $0 Security $0 $0 Electricity $3,600 $300 Gas $0 $0 Oil $6,000 $500 Water & Sewer $4,000 $333 Replacement Reserve $4,200 $350 Operating Reserve $0 $0 Real Estate Taxes $18,960 $1,580 Other Taxes $0 $0 Insurance $8,325 $694 Other: Renting Expense $500 $42 Other: $0 $0 Total Expenses $91,806 $7,651 Debt Service: Permanent Senior Mortgage $92,696 Other: - Total Debt Service (annual) $92,696 Net Operating Income/Cashflow: $13,905  Please attach 20 year cash flow as Attachment 7 Debt Service Coverage: 1.15 35 V i l l a g e H i l l R o a d Op e r a t i n g P r o F o r m a Y ea r 1 Y ea r 2 Y ea r 3 Y ea r 4 Y ea r 5 Y ea r 6 Y ea r 7 Y ea r 8 Y ea r 9 Y ea r 1 0 Y ea r 1 1 Y ea r 1 2 Y ea r 1 3 Y ea r 1 4 Y ea r 1 5 Y ea r 1 6 Y ear 17 Y ear 18 Y ear 19 Y ear 20 Re n t a l I n c o m e 1 9 8 , 4 0 7 2 0 2 , 3 7 5 2 0 6 , 4 2 2 2 1 0 , 5 5 1 2 1 4 , 7 6 2 2 1 9 , 0 5 7 2 2 3 , 4 3 8 2 2 7 , 9 0 7 2 3 2 , 4 6 5 2 3 7 , 1 1 4 2 4 1 , 8 5 7 2 4 6 , 6 9 4 2 5 1 , 6 2 8 2 5 6 , 6 6 0 2 6 1 , 7 9 4 2 6 7 , 0 2 9 2 7 2 , 3 7 0 2 7 7 , 8 1 7 2 8 3 , 3 7 4 2 8 9 , 0 4 1 Ad m i n ( 2 7 , 3 6 7 ) ( 2 8 , 1 8 8 ) ( 2 9 , 0 3 4 ) ( 2 9 , 9 0 5 ) ( 3 0 , 8 0 2 ) ( 3 1 , 7 2 6 ) ( 3 2 , 6 7 8 ) ( 3 3 , 6 5 8 ) ( 3 4 , 6 6 8 ) ( 3 5 , 7 0 8 ) ( 3 6 , 7 7 9 ) ( 3 7 , 8 8 2 ) ( 3 9 , 0 1 9 ) ( 4 0 , 1 8 9 ) ( 4 1 , 3 9 5 ) ( 4 2 , 6 3 7 ) ( 4 3 , 9 1 6 ) ( 4 5 , 2 3 3 ) ( 4 6 , 5 9 0 ) ( 4 7 , 9 8 8 ) Mg m t F e e ( 1 1 , 9 0 4 ) ( 1 2 , 2 6 1 ) ( 1 2 , 6 2 9 ) ( 1 3 , 0 0 8 ) ( 1 3 , 3 9 8 ) ( 1 3 , 8 0 0 ) ( 1 4 , 2 1 4 ) ( 1 4 , 6 4 0 ) ( 1 5 , 0 8 0 ) ( 1 5 , 5 3 2 ) ( 1 5 , 9 9 8 ) ( 1 6 , 4 7 8 ) ( 1 6 , 9 7 2 ) ( 1 7 , 4 8 1 ) ( 1 8 , 0 0 6 ) ( 1 8 , 5 4 6 ) ( 1 9 , 1 0 2 ) ( 1 9 , 6 7 5 ) ( 2 0 , 2 6 6 ) ( 2 0 , 8 7 4 ) Ut i l i t i e s ( 1 3 , 6 0 0 ) ( 1 4 , 0 0 8 ) ( 1 4 , 4 2 8 ) ( 1 4 , 8 6 1 ) ( 1 5 , 3 0 7 ) ( 1 5 , 7 6 6 ) ( 1 6 , 2 3 9 ) ( 1 6 , 7 2 6 ) ( 1 7 , 2 2 8 ) ( 1 7 , 7 4 5 ) ( 1 8 , 2 7 7 ) ( 1 8 , 8 2 6 ) ( 1 9 , 3 9 0 ) ( 1 9 , 9 7 2 ) ( 2 0 , 5 7 1 ) ( 2 1 , 1 8 8 ) ( 2 1 , 8 2 4 ) ( 2 2 , 4 7 9 ) ( 2 3 , 1 5 3 ) ( 2 3 , 8 4 8 ) Op . & M a i n t e n a n c e ( 7 , 4 5 0 ) ( 7 , 6 7 4 ) ( 7 , 9 0 4 ) ( 8 , 1 4 1 ) ( 8 , 3 8 5 ) ( 8 , 6 3 7 ) ( 8 , 8 9 6 ) ( 9 , 1 6 3 ) ( 9 , 4 3 7 ) ( 9 , 7 2 1 ) ( 1 0 , 0 1 2 ) ( 1 0 , 3 1 3 ) ( 1 0 , 6 2 2 ) ( 1 0 , 9 4 1 ) ( 1 1 , 2 6 9 ) ( 1 1 , 6 0 7 ) ( 1 1 , 9 5 5 ) (12,314) (12,683) (13,064) Pa y r o l l - - - - - - - - - - - - - - - - - - - RE T a x (1 8 , 9 6 0 ) (1 9 , 5 2 9 ) (2 0 , 1 1 5 ) (2 0 , 7 1 8 ) (2 1 , 3 4 0 ) ( 2 1 , 9 8 0 ) ( 2 2 , 6 3 9 ) ( 2 3 , 3 1 8 ) ( 2 4 , 0 1 8 ) ( 2 4 , 7 3 8 ) ( 2 5 , 4 8 1 ) ( 2 6 , 2 4 5 ) ( 2 7 , 0 3 2 ) ( 2 7 , 8 4 3 ) ( 2 8 , 6 7 9 ) ( 2 9 , 5 3 9 ) ( 3 0 , 4 2 5 ) ( 3 1 , 3 3 8 ) ( 3 2 , 2 7 8 ) ( 3 3 , 2 4 6 ) In s u r a n c e (8 , 3 2 5 ) (8 , 5 7 5 ) (8 , 8 3 2 ) (9 , 0 9 7 ) (9 , 3 7 0 ) ( 9 , 6 5 1 ) ( 9 , 9 4 0 ) ( 1 0 , 2 3 9 ) ( 1 0 , 5 4 6 ) ( 1 0 , 8 6 2 ) ( 1 1 , 1 8 8 ) ( 1 1 , 5 2 4 ) ( 1 1 , 8 6 9 ) ( 1 2 , 2 2 6 ) ( 1 2 , 5 9 2 ) ( 1 2 , 9 7 0 ) ( 1 3 , 3 5 9 ) ( 1 3 , 7 6 0 ) ( 1 4 , 1 7 3 ) ( 1 4 , 5 9 8 ) Re s e r v e D e p o s i t s (4 , 2 0 0 ) (4 , 3 2 6 ) (4 , 4 5 6 ) (4 , 5 8 9 ) (4 , 7 2 7 ) ( 4 , 8 6 9 ) ( 5 , 0 1 5 ) ( 5 , 1 6 5 ) ( 5 , 3 2 0 ) ( 5 , 4 8 0 ) ( 5 , 6 4 4 ) ( 5 , 8 1 4 ) ( 5 , 9 8 8 ) ( 6 , 1 6 8 ) ( 6 , 3 5 3 ) ( 6 , 5 4 3 ) ( 6 , 7 4 0 ) ( 6 , 9 4 2 ) ( 7 , 1 5 0 ) ( 7 , 3 6 5 ) De b t S e r v i c e (9 2 , 6 9 6 ) (9 2 , 6 9 6 ) (9 2 , 6 9 6 ) (9 2 , 6 9 6 ) (9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) ( 9 2 , 6 9 6 ) Ne t C a s h F l o w 13 , 9 0 5 15 , 1 1 9 16 , 3 2 9 17 , 5 3 6 18 , 7 3 7 19 , 9 3 3 2 1 , 1 2 1 2 2 , 3 0 1 2 3 , 4 7 2 2 4 , 6 3 2 2 5 , 7 8 1 2 6 , 9 1 7 2 8 , 0 3 8 2 9 , 1 4 4 3 0 , 2 3 3 3 1 , 3 0 3 3 2 , 3 5 2 3 3 , 3 8 0 3 4 , 3 8 4 3 5 , 3 6 3 IX. SOURCES AND USES OF FUNDS SOURCES OF FUNDS Permanent Sources Private Equity: Developer’s Cash Equity:…………………………………………………… $100 Tax Credit Equity (net amount)……………………………………………… $6,911,309 Federal Home Loan Bank…………………………………………………… $0 Developer’s Fee/Overhead……………………………………………………. $0 Other Source: MassHousing Workforce $1,300,000 Total Private Equity $8,211,409 Public Equity: HOME……………………………………………………………………… $643,500 CDBG……………………………………………………………………… $100,000 Other: Northampton CPA ……………………… $300,000 Total Public Equity $1,043,500 Subordinate Debt: Source Rate (%)Amort (yrs) Term (yrs) State LIHTC Loan 0%50 50 $3,950,000 FCF 0% 30 30 $1,084,119 CBH 0% 40 40 $722,746 HSF 0% 40 40 $750,000 AHTF 0% 40 40 $779,000 MassSaves 0% 40 40 $50,000 LISC Passive House 0% 40 40 $212,000 Total Subordinate Debt $7,547,865 Permanent Debt (senior): Annual Debt Lender Rate (%) Amort (yrs) Term (yrs) Service First Mortgage – TBD 6% 40 40 $92,696 $2,350,000 Total Permanent Senior Debt $2,350,000 Total Permanent Sources $19,152,774 Construction Period Financing Construction Loan: Source Rate (%) Term (mos) Construction Perm Loan(s) 5.5% 24 $2,350,000 Repayment Final Closing (event) Other Interim Loan: Bridge Loan Source Rate (%) Term (mos) TBD Construction Bridge Loan(s)5.5% 24 $9,620,000 Repayment Final Closing (event) Total Construction Period Financing $11,970,000 North Commons - 53 Units USES OF FUNDS Development Budget: Total Per Unit Acquisition $1,880,000 $35,472 $207,863 Direct Construction $11,016759 Construction Contingency $550,838 $10,393 Subtotal: Construction $11,567,597 $218,257 Architectural & Engineering $828,500 $15,632 Environmental Analysis $20,000 $377 Survey and Permits $45,000 $849 Legal $215,543 $4,067 Title & Recording $35,000 $660 Development Consulting: Energy Consultant and Community Liaison $276,963 $5,226 Appraisal $16,000 $302 Construction Loan Interest $1,020,000 $19,245 Clerk of the Works $150,000 $2,830 Real Estate Taxes $5,000 $94 Insurance $80,000 $1,509 Accounting & Cost Certification $35,000 $660 Rent up / Marketing $50,000 $943 Market Study $16,000 $302 Inspections $50,000 $943 Fees to: DHCD $75,150 $1,418 Fees to: Construction Loan $141,600 $2,672 Fees to: PreDev Loan $57,500 $1,085 Credit Enhancement Fees $0 $0 Other Financing Fees $55,000 $1,038 Other: Furniture & Equipment $30,000 $566 Other: Financing Contingency $139,425 $2,631 Soft Cost Contingency $180,801 $3,411 Subtotal: General Development $3,522,482 $66,462 Subtotal: Acquisition, Construction and General Development $16,860,616 $318,125 $7,278 $17,004 Capitalized Reserves $385,737 Developer Overhead $901,229 Developer Fee $901,229 $17,004 Total Development Cost $19,152,774 $361,373 Total Net Development Cost* $19,152,774 $361,373 *Net of any Developer Overhead or Fees which are contributed or loaned to the project. X. OPERATING PRO-FORMA Rent Schedule (monthly per unit): Low Income Rental Assist Low Income Below 50% Low Income Below 60% Low Income Below 80% Market Over 80% Other Over 80% SRO ------- 0 Bedroom $847 --$990 --$990 1 Bedroom $908 $928 ----$1,215 2 Bedroom - $1,163 $969 $1,363 - - - 3 Bedroom --$1,154 $1,574 --- 4+Bedroom ------- Income (annual): Total ($) Per Unit ($) Gross Rental Income $713,904 $13,470 Vacancy/Collection ($39,216) ($740) Effective Gross Income $674,688 $12,730 Other Income: - - Total Project Income $674,688 $12,3730 Expenses (annual): Management Fee $52,576 $992 Administrative $120,840 $2,281 Maintenance $30,687 $579 Resident Services $0 $0 Security $10,000 $189 Electricity $25,000 $472 Gas $25,000 $472 Oil $0 $0 Water & Sewer $17,650 $333 Replacement Reserve $18,500 $350 Operating Reserve $0 $0 Real Estate Taxes $75,000 $1,415 Other Taxes $0 $0 Insurance $37,100 $700 Other: Renting Expense $2,650 $50 Other: $0 $0 Total Expenses $414,958 $7,829 Debt Service: Permanent Senior Mortgage $170,974 Other: - Total Debt Service (annual) $170,974 Net Operating Income/Cashflow: $88,756  Please attach 20 year cash flow as Attachment 7 Debt Service Coverage: 1.15 No r t h C o m m o n s Op e r a t i n g P r o F o r m a Y ea r 1 Y ea r 2 Y ea r 3 Y ea r 4 Y ea r 5 Y ea r 6 Y ea r 7 Y ea r 8 Y ea r 9 Y ea r 1 0 Y ea r 1 1 Y ea r 1 2 Y ea r 1 3 Y ea r 1 4 Y ea r 1 5 Y ea r 1 6 Y ear 17 Y ear 18 Y ear 19 Y ear 20 Re n t a l I n c o m e 6 7 4 , 6 8 8 6 8 8 , 1 8 2 7 0 1 , 9 4 5 7 1 5 , 9 8 4 7 3 0 , 3 0 4 7 4 4 , 9 1 0 7 5 9 , 8 0 8 7 7 5 , 0 0 4 7 9 0 , 5 0 5 8 0 6 , 3 1 5 8 2 2 , 4 4 1 8 3 8 , 8 9 0 8 5 5 , 6 6 8 8 7 2 , 7 8 1 8 9 0 , 2 3 6 9 0 8 , 0 4 1 9 2 6 , 2 0 2 9 4 4 , 7 2 6 9 6 3 , 6 2 1 9 8 2 , 8 9 3 Ad m i n ( 1 2 0 , 8 4 0 ) ( 1 2 4 , 4 6 5 ) ( 1 2 8 , 1 9 9 ) ( 1 3 2 , 0 4 5 ) ( 1 3 6 , 0 0 6 ) ( 1 4 0 , 0 8 7 ) ( 1 4 4 , 2 8 9 ) ( 1 4 8 , 6 1 8 ) ( 1 5 3 , 0 7 6 ) ( 1 5 7 , 6 6 9 ) ( 1 6 2 , 3 9 9 ) ( 1 6 7 , 2 7 1 ) ( 1 7 2 , 2 8 9 ) ( 1 7 7 , 4 5 8 ) ( 1 8 2 , 7 8 1 ) ( 1 8 8 , 2 6 5 ) ( 1 9 3 , 9 1 3 ) ( 1 9 9 , 7 3 0 ) ( 2 0 5 , 7 2 2 ) ( 2 1 1 , 8 9 4 ) Mg m t F e e ( 5 2 , 5 7 6 ) ( 5 4 , 1 5 3 ) ( 5 5 , 7 7 8 ) ( 5 7 , 4 5 1 ) ( 5 9 , 1 7 5 ) ( 6 0 , 9 5 0 ) ( 6 2 , 7 7 8 ) ( 6 4 , 6 6 2 ) ( 6 6 , 6 0 2 ) ( 6 8 , 6 0 0 ) ( 7 0 , 6 5 8 ) ( 7 2 , 7 7 7 ) ( 7 4 , 9 6 1 ) ( 7 7 , 2 1 0 ) ( 7 9 , 5 2 6 ) ( 8 1 , 9 1 2 ) ( 8 4 , 3 6 9 ) ( 8 6 , 9 0 0 ) ( 8 9 , 5 0 7 ) ( 9 2 , 1 9 2 ) Ut i l i t i e s ( 6 7 , 6 5 0 ) ( 6 9 , 6 8 0 ) ( 7 1 , 7 7 0 ) ( 7 3 , 9 2 3 ) ( 7 6 , 1 4 1 ) ( 7 8 , 4 2 5 ) ( 8 0 , 7 7 8 ) ( 8 3 , 2 0 1 ) ( 8 5 , 6 9 7 ) ( 8 8 , 2 6 8 ) ( 9 0 , 9 1 6 ) ( 9 3 , 6 4 3 ) ( 9 6 , 4 5 3 ) ( 9 9 , 3 4 6 ) ( 1 0 2 , 3 2 7 ) ( 1 0 5 , 3 9 6 ) ( 1 0 8 , 5 5 8 ) ( 1 1 1 , 8 1 5 ) ( 1 1 5 , 1 7 0 ) ( 1 1 8 , 6 2 5 ) Op . & M a i n t e n a n c e ( 4 3 , 3 3 7 ) ( 4 4 , 6 3 7 ) ( 4 5 , 9 7 6 ) ( 4 7 , 3 5 6 ) ( 4 8 , 7 7 6 ) ( 5 0 , 2 3 9 ) ( 5 1 , 7 4 7 ) ( 5 3 , 2 9 9 ) ( 5 4 , 8 9 8 ) ( 5 6 , 5 4 5 ) ( 5 8 , 2 4 1 ) ( 5 9 , 9 8 9 ) ( 6 1 , 7 8 8 ) ( 6 3 , 6 4 2 ) ( 6 5 , 5 5 1 ) ( 6 7 , 5 1 8 ) ( 6 9 , 5 4 3 ) (71,629) (73,778) (75,992) Pa y r o l l - - - - - - - - - - - - - - - - - - - - RE T a x (7 5 , 0 0 0 ) (7 7 , 2 5 0 ) (7 9 , 5 6 8 ) (8 1 , 9 5 5 ) (8 4 , 4 1 3 ) ( 8 6 , 9 4 6 ) ( 8 9 , 5 5 4 ) ( 9 2 , 2 4 1 ) ( 9 5 , 0 0 8 ) ( 9 7 , 8 5 8 ) ( 1 0 0 , 7 9 4 ) ( 1 0 3 , 8 1 8 ) ( 1 0 6 , 9 3 2 ) ( 1 1 0 , 1 4 0 ) ( 1 1 3 , 4 4 4 ) ( 1 1 6 , 8 4 8 ) ( 1 2 0 , 3 5 3 ) ( 1 2 3 , 9 6 4 ) ( 1 2 7 , 6 8 2 ) ( 1 3 1 , 5 1 3 ) In s u r a n c e (3 7 , 1 0 0 ) (3 8 , 2 1 3 ) (3 9 , 3 5 9 ) (4 0 , 5 4 0 ) (4 1 , 7 5 6 ) ( 4 3 , 0 0 9 ) ( 4 4 , 2 9 9 ) ( 4 5 , 6 2 8 ) ( 4 6 , 9 9 7 ) ( 4 8 , 4 0 7 ) ( 4 9 , 8 5 9 ) ( 5 1 , 3 5 5 ) ( 5 2 , 8 9 6 ) ( 5 4 , 4 8 3 ) ( 5 6 , 1 1 7 ) ( 5 7 , 8 0 1 ) ( 5 9 , 5 3 5 ) ( 6 1 , 3 2 1 ) ( 6 3 , 1 6 0 ) ( 6 5 , 0 5 5 ) Re s e r v e D e p o s i t s (1 8 , 5 0 0 ) (1 9 , 0 5 5 ) (1 9 , 6 2 7 ) (2 0 , 2 1 5 ) (2 0 , 8 2 2 ) ( 2 1 , 4 4 7 ) ( 2 2 , 0 9 0 ) ( 2 2 , 7 5 3 ) ( 2 3 , 4 3 5 ) ( 2 4 , 1 3 8 ) ( 2 4 , 8 6 2 ) ( 2 5 , 6 0 8 ) ( 2 6 , 3 7 7 ) ( 2 7 , 1 6 8 ) ( 2 7 , 9 8 3 ) ( 2 8 , 8 2 2 ) ( 2 9 , 6 8 7 ) ( 3 0 , 5 7 8 ) ( 3 1 , 4 9 5 ) ( 3 2 , 4 4 0 ) De b t S e r v i c e (1 7 0 , 9 7 4 ) (1 7 0 , 9 7 4 ) (1 7 0 , 9 7 4 ) (1 7 0 , 9 7 4 ) (1 7 0 , 9 7 4 ) ( 1 7 0 , 9 7 3 ) ( 1 7 0 , 9 7 2 ) ( 1 7 0 , 9 7 1 ) ( 1 7 0 , 9 7 0 ) ( 1 7 0 , 9 6 9 ) ( 1 7 0 , 9 6 8 ) ( 1 7 0 , 9 6 7 ) ( 1 7 0 , 9 6 6 ) ( 1 7 0 , 9 6 5 ) ( 1 7 0 , 9 6 4 ) ( 1 7 0 , 9 6 3 ) ( 1 7 0 , 9 6 2 ) ( 1 7 0 , 9 6 1 ) ( 1 7 0 , 9 6 0 ) ( 1 7 0 , 9 5 9 ) Ne t C a s h F l o w 88 , 7 1 1 89 , 7 5 5 90 , 6 9 5 91 , 5 2 5 92 , 2 4 0 92 , 8 3 5 9 3 , 3 0 1 9 3 , 6 3 2 9 3 , 8 2 1 9 3 , 8 6 1 9 3 , 7 4 4 9 3 , 4 6 2 9 3 , 0 0 6 9 2 , 3 7 0 9 1 , 5 4 3 9 0 , 5 1 7 8 9 , 2 8 2 8 7 , 8 2 8 8 6 , 1 4 6 8 4 , 2 2 4 Planning - DecisionCityofNorthampton HearingNo.:PLN-2018-0033Date: January23, 2018 APPLICATIONTYPE:SUBMISSIONDATE: PB40RReview12/12/2017 Applicant'sName:Owner'sName: NAME: NAME: CommunityBuilders, Inc.HOSPITALHILLDEVELOPMENTLLCC/OMA ADDRESS:ADDRESS: 322MainStreet160FEDERALST TOWN:STATE:ZIPCODE:TOWN:STATE:ZIPCODE: SPRINGFIELDMA01105-2408BOSTONMA02110 PHONENO.:FAXNO.: PHONENO.:FAXNO.: 737-0207 () EMAILADDRESS: EMAILADDRESS: SiteInformation:Surveyor'sName: STREETNO.:COMPANYNAME: SITEZONING: VILLAGEHILLRD PV(100)/SG_b(100)/ TOWN:ADDRESS: ACTIONTAKEN: NORTHAMPTONMA01060 ApprovedWithConditions MAP:BLOCK:LOT:MAPDATE: SECTIONOFBYLAW: 38A109001 350-20: SmartGrowthOverlayDistrict TOWN:STATE:ZIPCODE: Book:Page: PHONENO.:FAXNO.: EMAILADDRESS: NATUREOFPROPOSEDWORK: Constructionofa3story15,000+ squarefootmulti-usebuildingwith12residentialunitsandapproximately3,000sfofcommercialspace. HARDSHIP: CONDITIONOFAPPROVAL: 1)Priortoanysitework, theapplicantmusthavealltreeprotectionmeasuresinstalledandinspectedby theCity. TreeprotectionmustconformtoANSI300Standards, Part5. 2). Atleast15dayspriortorequestforabuildingpermit, theapplicantshallsubmitrevisedfinal constructionplans, signedandsealedbyaMassachusettsregisteredP.E. onallapplicableplan sheets, totheDepartmentofPublicWorks (DPW) forreviewandapprovalatleast15dayspriortothe issuanceofanyCitybuildingorconstructionpermits. Allrevisedplansshallincludetestpitresultsof soilswheretheproposedraingardenislocatedanddetailplantingmediumshallbeprovided 3). PriortoissuanceofaBuildingPermit, theapplicantshallrecordanexecutedStormwater Operation, Maintenance, andInspectionAgreementthatisbindingonallsubsequentownersofland servedbytheprivatestormwatermanagementfacilitybyrecordingitinthelandrecordsofthe RegistryofDeeds. ThisagreementmustbeapprovedbytheNorthamptonDPWpriortofinal signatures. 4). PriortoissuanceofaBuildingPermit, theapplicantshallrecordanexecutedStormwater Operation, Maintenance, andInspectionAgreementthatisbindingonallsubsequentownersofland servedbytheprivatestormwatermanagementfacilitybyrecordingitinthelandrecordsofthe RegistryofDeeds. ThisagreementmustbeapprovedbytheNorthamptonDPWpriortofinal signatures. 5). AllwaterlinesshallmeettheDepartmentofPublicWorksstandardsforsizeandconnections. 6). PriortoCertificateofOccupancy, alltreereplacementrequirementsshallbecompleted. FINDINGS: ThePlanningBoardapprovedtheapplicationunder §350-20.18 VillageHillSustainable GrowthOverlay (MGLChapter40R) basedonthe followinginformationandplanssubmittedwiththeapplication: 1. SitePlanApplicationSupplement 40RCompliancestatementsDatedDecember8, 2017. 2. “VillageHillSitePlanReview”, BytheBerkshireDesignGroup, DatedDecember8, 2017 SheetsL3, L4, L5(rev. 12/26/17,. Sheets L6, L7Dated12/26/17. 3. ElevationsandRenderings byDavisSquareArchitects, datedDecember8, 2017. ThePlanningBoardapprovedthe40Rapplicationupondeterminingthattherequirementswithin §350-20.18hadbeenmet, including evaluationofuses, density, design, andaccessibilityandaffordability. Atotalof ~60% oftheunitswillbeaffordablewiththeremaining GeoTMS® 2018DesLauriersMunicipalSolutions, Inc. Planning - DecisionCityofNorthampton HearingNo.:PLN-2018-0033Date: January23, 2018 40% targetedtoworkforcehousing, meeting120% ofAMI. COULDNOTDEROGATEBECAUSE: FILINGDEADLINE:MAILINGDATE:HEARINGCONTINUEDDATE:DECISIONDRAFTBY:APPEALDATE: 12/12/20171/4/20184/11/2018 REFERRALSINDATE:HEARINGDEADLINEDATE:HEARINGCLOSEDATE:FINALSIGNINGBY:APPEALDEADLINE: 12/28/20174/1/20181/11/20184/11/20182/12/2018 FIRSTADVERTISINGDATE:HEARINGDATE:VOTINGDATE:DECISIONDATE: 12/28/20171/11/20181/11/20181/23/2018 SECONDADVERTISINGDATE:HEARINGTIME:VOTINGDEADLINE:DECISIONDEADLINE: 1/4/20187:00PM4/11/20184/11/2018 MEMBERSPRESENT:VOTE: SamuelTaylorvotestoGrant EuripedesDeOliveiravotestoGrant Theresa (Tess) PoevotestoGrant AlanVersonvotestoGrant DanFeltenvotestoGrant JohnLutzvotestoGrant DebinBrucevotestoGrant MarkSullivanvotestoGrant MOTIONMADEBY:SECONDEDBY:VOTECOUNT:DECISION: Theresa (Tess) PoeDanFelten7ApprovedwithConditions MINUTESOFMEETING: Availableatwww.northamptonma.gov I, CarolynMisch, asagenttothePlanningBoard, certifythatthisisatrueandaccuratedecisionmadebythePlanningBoardandcertify thatacopyofthisandallplanshavebeenfiledwiththeBoardandtheCityClerkonthedateshownabove. IcertifythatacopyofthisdecisionhasbeenmailedtotheOwnerandApplicant. NoticeofAppeal AnappealfromthedecisionofthePlanningBoardmaybemadebyanypersonaggrievedpursuanttoMGLChapt. 40A, Section17as amendedwithintwenty (20) daysafterthedateofthefilingofthenoticeofthedecisionwiththeCityClerk. Thedateislistedabove. Such appealmaybemadetotheHampshireSuperiorCourtwithacertifiedcopyoftheappealsenttotheCityClerkoftheCityofNorthampton. GeoTMS® 2018DesLauriersMunicipalSolutions, Inc. Planning - DecisionCityofNorthampton HearingNo.:PLN-2018-0032Date: February7, 2018 APPLICATIONTYPE:SUBMISSIONDATE: PB40RReview12/12/2017 Applicant'sName:Owner'sName: NAME: NAME: CommunityBuilders, Inc.HOSPITALHILLDEVELOPMENTLLCC/OMA ADDRESS:ADDRESS: 322MainStreet160FEDERALST TOWN:STATE:ZIPCODE:TOWN:STATE:ZIPCODE: SPRINGFIELDMA01105-2408BOSTONMA02110 PHONENO.:FAXNO.: PHONENO.:FAXNO.: 737-0207 () EMAILADDRESS: EMAILADDRESS: SiteInformation:Surveyor'sName: STREETNO.:COMPANYNAME: SITEZONING: FORDCROSSING PV(69)/RR(35)/FFR(35)/WP(24)/SG_b(1)/SG_a TOWN:ADDRESS: ACTIONTAKEN: NORTHAMPTONMA01060 ApprovedWithConditions MAP:BLOCK:LOT:MAPDATE: SECTIONOFBYLAW: 31C017001 350-20: SmartGrowthOverlayDistrict TOWN:STATE:ZIPCODE: Book:Page: 6925302 PHONENO.:FAXNO.: EMAILADDRESS: NATUREOFPROPOSEDWORK: NEW3STORYRESIDENTIALAPARTMENTBUILDINGWITH53UNITS. PropertylocatedNorthofFordCrossing HARDSHIP: CONDITIONOFAPPROVAL: 1)Priortoanysitework, theapplicantmustinstalltreeprotectionmeasuresinaccordancewithANSI300 part5. AllprotectionmustbeinspectedbytheCity. 2). Priortoissuanceofacertificateofoccupancy, thefollowingmustbeaddressed: a) alltreereplacementmustbecompleted b) .ifthetrailconnectorisnotbuilt, theapplicantmustshowthroughperformanceguaranteeorsome othermechanismhowandwhenthiswillbecompleted c) TheopenspaceshallbepermanentlyprotectedordeededtotheCity. d). theapplicantshallrecordareciprocaleasementandmaintenancedocumentforthefirst75’ of drivewaynorthoftheintersectionofOlanderandFordCrossing, inaformapprovedbytheCity, for theshareddrivewayplannedforaccesstothe “cohousing” projecttotheeast. FINDINGS: ThePlanningBoardapprovedtheapplicationunder §350-20.18 VillageHillSustainable GrowthOverlay (MGLChapter40R) fora53Unit multifamilybuildingandsitedevelopmentbasedonthefollowinginformationandplanssubmittedwiththeapplication: 1. SitePlanApplicationSupplement 40RCompliancestatementsDatedDecember8, 2017. 2. “VillageHillSitePlanReview” NorthCommons, BytheBerkshireDesignGroup, DatedDecember8, 2017 SheetsL1-12, (rev. 12/26/17). 3. ElevationsandRenderings byDavisSquareArchitects, datedDecember8, 2017. 4. OpenSpaceandTrailConstructionMemo. 5. VillageHillTCBStormwaterReportbyTheBerkshireDesignGroup. ThePlanningBoardapprovedthe40Rapplicationupondeterminingthattherequirementswithin §350-20.18hadbeenmet, including evaluationofuses, density, design, andaccessibilityandaffordability. Atotalof ~60% oftheunitswillbeaffordablewiththeremaining 40% targetedtoworkforcehousing, meeting120% ofAMI. COULDNOTDEROGATEBECAUSE: FILINGDEADLINE:MAILINGDATE:HEARINGCONTINUEDDATE:DECISIONDRAFTBY:APPEALDATE: 12/12/20171/4/20184/11/2018 REFERRALSINDATE:HEARINGDEADLINEDATE:HEARINGCLOSEDATE:FINALSIGNINGBY:APPEALDEADLINE: 12/28/20174/1/20181/25/20184/11/20182/27/2018 FIRSTADVERTISINGDATE:HEARINGDATE:VOTINGDATE:DECISIONDATE: 12/28/20171/11/20181/25/20182/7/2018 SECONDADVERTISINGDATE:HEARINGTIME:VOTINGDEADLINE:DECISIONDEADLINE: 1/4/20187:30PM4/11/20184/11/2018 GeoTMS® 2018DesLauriersMunicipalSolutions, Inc. Planning - DecisionCityofNorthampton HearingNo.:PLN-2018-0032Date: February7, 2018 MEMBERSPRESENT:VOTE: SamuelTaylorvotestoGrant EuripedesDeOliveiravotestoGrant Theresa (Tess) PoevotestoGrant JohnLutzvotestoGrant AnnDeWittBrooksvotestoGrant MarkSullivanvotestoGrant MOTIONMADEBY:SECONDEDBY:VOTECOUNT:DECISION: Theresa (Tess) PoeAnnDeWittBrooks6ApprovedwithConditions MINUTESOFMEETING: Availableatwww.northamptonma.gov I, CarolynMisch, asagenttothePlanningBoard, certifythatthisisatrueandaccuratedecisionmadebythePlanningBoardandcertify thatacopyofthisandallplanshavebeenfiledwiththeBoardandtheCityClerkonthedateshownabove. IcertifythatacopyofthisdecisionhasbeenmailedtotheOwnerandApplicant. NoticeofAppeal AnappealfromthedecisionofthePlanningBoardmaybemadebyanypersonaggrievedpursuanttoMGLChapt. 40A, Section17as amendedwithintwenty (20) daysafterthedateofthefilingofthenoticeofthedecisionwiththeCityClerk. Thedateislistedabove. Such appealmaybemadetotheHampshireSuperiorCourtwithacertifiedcopyoftheappealsenttotheCityClerkoftheCityofNorthampton. GeoTMS® 2018DesLauriersMunicipalSolutions, Inc. Letter in Support of TCB Request for Community Preservation Act Funding for Village Hill Development WE, the undersigned residents of the Village Hill neighborhood, are writing in support of The Community Builders planned development at Village Hill. Village Hill is a planned community designed to provide a variety of housing options that incorporate sustainable, energy-efficient design and that are available for folks with a wide range of incomes. The Community Builders (known as TCB) were the first builders of new residences and remodelers of existing buildings at Village Hill. They set a standard for green building and aesthetic design for affordable housing which was then continued in the construction that followed for market rate residences. They have been receptive to community input in their pre-design stages, design stages, and we expect post-design stages of construction. They have listened to concerns and responded with changes to their plans and/or inclusivity of community ideas and wishes into their plans. Initial concerns focused on creating building plans that preserved as much green space as possible which they have done so. They have organized meetings for the whole community, with small groups, and individual community members in the evening and on weekends. They have attended monthly Village Hill Resident Association meetings and have always responded promptly and thoughtfully to community requests or overtures. It is a testament to both the overall design and the maintenance and care given to the TCB properties already in place at Village Hill that many homeowners in the neighborhood are unaware that these apartments are affordable housing properties. As a whole, our community has applauded the efforts of TCB in bringing this new development to Village Hill. We welcome them as an already established good neighbor who have shown great effort in considering the community in their plans and show continued interest in being a strong presence in the community. Beth Grams Haxby – 74 Village Hill Rd. Bob Haxby – 74 Village Hill Rd. Vanitha Virudachalam – 100 Moser St. Rajan Mehta – 100 Moser St. . Andy Turrett – Musante Drive Kim Wolfson – Musante Drive Janet Taft – 21 Moser St. Robert Dorin and Lesley Peebles – Moser St. Mindy Thereoux – 29 Moser St. Lin and Tucker Respass – Olander Drive Ingrid Defosse and Fernando Madero – 50 Musante Drive Dick and Pat Aslin – 107 Moser St Nick Warren – Olander Drive Sam Gindin and Larry Picard – 74 Village Hill Rd. Linda Baker – Ford Crossing Meg and Jonathan Wright – Olander Drive Douglas McCarroll and Virginia Sandman – 15 Higgins Way File Number: 0330-09-07 April 30, 2018 Phase I Environmental Site Assessment Report Village Hill, Lot 13A and Lot 20 Northampton, Massachusetts PREPARED FOR: The Community Builders, Inc. 39 Main Street, Suite 30 Northampton, MA 01060 Attention: Ms. Rachana Crowley PREPARED BY: O’Reilly, Talbot & Okun Associates, Inc. 293 Bridge Street – Suite 500 Springfield, Massachusetts 01103 TABLE OF CONTENTS i 1.0 SUMMARY ........................................................................................................................... 2 2.0 INTRODUCTION................................................................................................................... 3 2.1 PURPOSE ...................................................................................................................... 3 2.2 SCOPE OF SERVICES .................................................................................................. 3 2.3 SIGNIFICANT ASSUMPTIONS ...................................................................................... 4 2.4 LIMITATIONS AND EXCEPTIONS................................................................................. 4 2.5 SPECIAL TERMS AND CONDITIONS ........................................................................... 5 2.6 USER RELIANCE .......................................................................................................... 5 3.0 SITE DESCRIPTION ............................................................................................................ 5 3.1 LOCATION AND LEGAL DESCRIPTION ....................................................................... 5 3.2 SITE AND VICINITY GENERAL CHARACTERISTICS................................................... 5 3.3 CURRENT USE OF THE SITE ....................................................................................... 6 3.4 DESCRIPTIONS OF ROADS AND IMPROVEMENTS ................................................... 7 3.5 CURRENT USES OF ADJOINING PROPERTIES ......................................................... 7 4.0 USER PROVIDED INFORMATION....................................................................................... 7 5.0 RECORDS REVIEW ............................................................................................................. 7 5.1 STANDARD ENVIRONMENTAL RECORDS SOURCES ............................................... 7 5.2 ADDITIONAL ENVIRONMENTAL RECORDS SOURCES ............................................. 9 5.3 REVIEW OF POTENTIAL VAPOR ENCROACHMENT .................................................10 5.4 PHYSICAL SETTING SOURCES ..................................................................................10 5.5 HISTORICAL USE INFORMATION ON THE SITE AND ADJOINING PROPERTIES ...10 6.0 SITE RECONNAISSANCE ................................................................................................ 12 6.1 METHODOLOGY AND LIMITING CONDITIONS .........................................................12 6.2 SITE SETTING AND OBSERVATIONS .......................................................................12 7.0 INTERVIEWS ..................................................................................................................... 14 7.1 INTERVIEWS WITH OWNERS/OCCUPANTS/SITE MANAGER .................................14 7.2 INTERVIEWS WITH LOCAL GOVERNMENT AGENCIES ...........................................14 8.0 FINDINGS ........................................................................................................................... 14 9.0 OPINION AND CONCLUSIONS ......................................................................................... 15 10.0 DEVIATIONS .................................................................................................................... 16 11.0 ADDITIONAL SERVICES ................................................................................................. 16 12.0 REFERENCES.................................................................................................................. 16 13.0 ENVIRONMENTAL PROFESSIONAL STATEMENT........................................................ 16 14.0 QUALIFICATIONS OF ENVIRONMENTAL PROFESSIONALS ....................................... 17 15.0 LIST OF ACRONYMS....................................................................................................... 17 FIGURES Figure 1 Site Locus Figure 2 Site Map APPENDICES Appendix A Terms and Conditions Appendix B Site Photographs Appendix C User Questionnaire Phase I Environmental Site Assessment Village Hill, Lot 13A and Lot 20 Northampton, Massachusetts April 30, 2018 ii Appendix D Regulatory Database Reports Appendix E Research Documentation Appendix F MassDEP Phase I Site Assessment Map File No.0330-09-07 April 30, 2018 The Community Builders, Inc. 39 Main Street, Suite 30 Northampton, MA 01060 Attention: Ms. Rachana Crowley Re: Phase I Environmental Site Assessment Village Hill, Lot 13A and Lot 20 Greenfield, Massachusetts Dear Ms. Crowley: Attached is our Phase I Environmental Site Assessment (ESA) report for the above referenced properties. Our ESA was performed in conformance with ASTM Method E1527-13, the generally accepted industry practice for environmental site assessments, and our proposal to The Community Builders, Inc. dated January 31, 2018. Should you have any questions regarding the report, please do not hesitate to call. Very truly yours, O’Reilly, Talbot & Okun Associates, Inc. Mark E. O’Malley Edward J. Weagle, LSP Staff Environmental Scientist Associate O:\J0300\330 COMMUNITY BUILDERS\09-01 VILLAGE HILL LOT 13A AND LOT 20 - GEOTECH PHASE 1 ESA 2 1.0 SUMMARY An Environmental Site Assessment (ESA) has been conducted by O’Reilly, Talbot & Okun Associates, Inc. (OTO) for Lot 13A and Lot 20 in the Village Hill neighborhood of Northampton, Massachusetts (“the Site”). According to assessors’ information, Lot 13A is approximately 44.2 acres. Maps provided by the client indicate Lot 13A is approximately 41 acres. The Lot 20 is approximately 0.4 acre. Lot 13A and Lot 20, currently do not contain buildings. Lot 13A, Lot 20 and the greater Village Hill neighborhood are where the Northampton State Hospital campus was once located. The hospital was constructed in the late 1800s, and was in operation to the mid-1990s. Most of the hospital buildings were demolished between 2006 and 2008. Based on historical maps and aerial imagery, Lot 20 does not appear to have contained a former hospital building. On old hospital maps, the area of Lot 20 is west of the former “nurses’ home” and to the south of the former “south employees home”. Old maps display hospital utilities passing through Lot 20. Several hospital buildings were formerly located within the limits of Lot 13A, including; a pavilion, the “recreation building”, the “superintendent house”, the “north employees home”, and the northern portion of the “main complex”. The “north employees home” was demolished between 2011 and 2014. The other buildings on Lot 13A appear to have been demolished prior to 2008. In 2005 or 2006 a storm water retention pond and drainage features were constructed on Lot 13A. Lot 13A has two protrusions of what we believe to be boulders and demolition debris covered by earth and grass. On both Lot 13A and Lot 20, OTO encountered anthropogenic fill during geotechnical investigations performed on behalf of the Client. The fill consists natural materials intermixed with varying amounts boulders, construction and demolition debris, such as brick, concrete and fragments of stone masonry. Coal ash, wood, metal and asphalt are typically in anthropogenic fill. Our review database information, MassDEP files, and local records review did not find reported on-site or off-site releases of oils or hazardous materials with the potential to impact Site soil or groundwater to levels of regulatory significance. Publically available records do not suggest the current or past presence of an underground storage tank within the limits of Lot 13A and Lot 20. A prior Phase I ESA completed by GZA in 2003 for the entire Northampton State Hospital campus did not identify recognized environmental conditions within the limits of Lot 13A and Lot 20. In summary, no Recognized Environmental Conditions (RECs) as defined by ASTM Standard E1527-13, have been identified in connection with the Site properties. Phase I Environmental Site Assessment Village Hill, Lot 13A and Lot 20 Northampton, Massachusetts April 30, 2018 /~' ~ M ASS~I~USING Massachusetts Housing Finance Agency One Beacon Street, Boston, MA 02108 T€t: 617.854.1400 j Fnx; 617.854.1091 ; www.masshousing.com Ydeophone: 857.366.4157 or Reloy: 711 May 9, 2018 Bart Mitchell President &CEO The Community Builders 185 Dartmouth Street Boston, MA 02116 Re: 35 Village Hill Road Dear Mr. Mitchell; I am writing to confirm MassHousing's strong interest in working with your team to finance your redevelopment plan for the 35 Village Hill Road property, a new construction 12-unit property on a vacant land in Northampton. We would welcome the opportunity to provide up to $1.5 million in taxable permanent debt financing and, in support of the state's efforts to produce workforce housing units, to the extent funds are available, we would also provide up to $1.2 million of soft debt to assist in the development of the 12 workforce housing units that would be affordable to households between 80% to 110% of AMI (of which at least three must be affordable at or below 80% of AMI, per the MassHousing Statute). It is our understanding that you will be applying for $1.3 million of CSHI funds and for $100,000 of local funds as well. For the permanent taxable loan, MassHousing's current lending terms and assumptions are below: Taxable permanent loan: 10-Year Treasury plus 300 basis points, which would translate to a rate of approximately 5.95% this week. Application and Financing Fees: 2.30% of the loan amount. We are excited about the possibility of partnering with The Community Builders on this project. We look forward to working with you to structure a financing package that best meets the needs of the 35 Village Hill Road property, subject, of course, to MassHousing underwriting and Agency approval. Charles D. Baker, Governor ~ Michael J. Dirrane, Chairman Chrystal Kornegay, Executive Director Karyn E. Polito, Lt. Governor ~ Ping Yin Chai, Vice Chair We wish you success in obtaining the funds that you are requesting for this important project and hope that we will have an opportunity to work with you to provide permanent and subordinate financing for this project. Sincerely, MASSHOUSING Cynthia Lacasse Director of Rental Business Development 20 Cabot Road, Mailstop MMF220, Medford, MA 02155 Phone: (781) 718-9640 May 11, 2018 Ms. Jennifer Fauth The Community Builders 185 Dartmouth Street Boston, MA 02116 Re: 35 Village Hill Road, Northampton, MA Dear Jennifer: Thank you for giving Citizens Bank, N.A. (“Bank”) an opportunity to bid on the construction financing for the above referenced mixed income housing development. This Letter of Interest outlines the general terms and conditions under which Citizens Bank, N.A. would consider financing for the development. This Letter of Interest is for discussion purposes only and does not represent a commitment to lend on the part of Citizens Bank N.A. or any of its affiliates, as all terms are subject to review and approval of the Bank’s Commercial Credit Committee. We understand that the proposed project is the new construction of a 12-unit development utilizing state Community Scale Housing Initiative (“CSHI”) and MassHousing WorkForce Housing program financing. The project has approximately $4MM in total development costs, including $3MM in hard costs, and $1MM in soft costs and development fees. The project qualifies for approximately $1.3MM in state CSHI program subordinate financing; $ 1.2MM in MassHousing WorkForce Housing program subordinate financing; $50M in City Community Preservation Act (“CPA”) subordinate financing; and $50M in City Community Development Block Grant (”CDBG”) subordinate financing. In addition, you expect to receive $1,361,018 in permanent loan financing from MassHousing. You have requested $2.5MM in construction financing from Citizens Bank. Based upon a review of the due diligence material supplied by your office, the Bank would be willing to consider construction financing on the following general terms: Developer: The Community Builders, Inc. Borrower: a “to be named” General Partner of the Partnership, and affiliate of the Developer. Guarantor: The Community Builders, Inc. Security: First mortgage on the property, an assignment of rents on the proposed development and an assignment of tax credit equity proceeds. Expenses: Borrower to be responsible for any and all closing costs relating to the loan. Financing Requirements: Borrower/Sponsors shall provide or arrange sufficient funding sources including subordinated debt and permanent financing, to provide the funds necessary to meet the final project construction budget. The terms of any and all financing shall be subject to the Bank’s review and approval. In addition, it is expected that 15% of the total financing sources will be funded prior to the requested Bank construction loan funding. It is anticipated that the project financing will be structured so that upon completion of construction, the Bank’s bridge construction loan shall be fully repaid from subordinated debt and permanent loan proceeds. Loan Amount: The principal amount of the Loan shall be an amount not to exceed Two Million, Five Hundred Thousand, and no/100 U.S. Dollars ($2,500,000) subject to certain LTV and LTC limits. 20 Cabot Road, Mailstop MMF220, Medford, MA 02155 Phone: (781) 718-9640 Loan Term: up to Twenty-Four (24) months Interest Rate: The One-Month London Interbank Offered Rate (LIBOR) plus 200 basis points (2.00%), adjusted monthly. Borrower shall make monthly payments during the term of interest only. Loan Fee: 50 basis points, (0.50%) This letter should not be construed as approval for a loan commitment. Terms discussed herein are based upon preliminary information regarding the development provided by the Sponsor and Bank reserves the right to modify and/or add to any terms described in this letter following receipt and review of additional due diligence materials. A commitment by the Bank to lend remains subject to the Bank’s approval process and review and approval of all the due diligence information, including without limitation: (1) Satisfactory receipt, review and acceptance by Bank of an appraisal indicating the appraised values of the Project supporting the loan-to-values set forth above. (2) An acceptable environmental review of the subject Project and property in compliance with the Bank’s environmental protocols. (3) Review and acceptance of the final Project budget indicating sufficiency of costs and funding sources to complete the project. (4) Completion of a satisfactory plan and cost review by Bank’s inspecting architect. (5) Current ALTA boundary and location survey of the property certified to Bank and Title Insurer. (6) Property hazard, liability, rent loss and other insurance naming Bank as mortgagee, loss payee and additional insured; evidence relating to the flood plain status of the Project and flood insurance where required by Bank. (7) Acceptable ALTA Loan Policy of Title Insurance issued by a title company satisfactory to Bank and insuring Bank has a first mortgage lien upon all of the sites in the project. (8) Receipt and review of Borrower’s ownership structure and documents. (9) Receipt, review and acceptance of all permits and approvals for the Project. (10) Receipt, review and acceptance of Guarantor’s financial statements. All documents shall be satisfactory to Bank in its sole and absolute discretion. Thank you for considering Citizens Bank, N.A. for this financing. If you have any questions please contact me at (781) 718-9640. I look forward to your response. Sincerely, Eugene J. Clerkin Senior Vice President Community Development Lending Development and Design Team: Project Sponsor Rachana Crowley, Project Manager The Community Builders 31 Trumbull Road Northampton, MA 01060 Project Co-Sponsor Laura Baker, Project Manager Valley CDC 30 Market Street Northampton, MA 01060 Project Architect Cliff Boehmer, Principal & Project Architect Davis Square Architects (DSA) 240 Elm Street Somerville, MA Site Design / Civil Engineering Berkshire Design Group 4 Allen Place Northampton, MA 01060 Attorney (Title/Zoning) David Bloomberg Fierst, Kane, & Bloomberg, LLP 64 Gothic Street Northampton, MA 01060 Construction Standards Narrative This narrative discusses the design and construction standards that will apply to this Project and provides assurance that appropriate professional standards will be followed throughout construction. Due to the participation of multiple public funders, there will be rigorous outside review during the plan development and construction stages. Plan Development: The Department of Housing & Community Development (DHCD) will commission reviews of both preliminary and final plans by a consulting architect. The consulting architect will review plans for general compliance with various codes, as well as for compliance with DHCD’s Design Standards and HUD’s Housing Quality Standards. The project’s investor will undertake a similar review process. Construction: TCB will follow a selection process to identify a highly qualified General Contractor (GC). Contracts between TCB and the GC will be subject to review and approval by DHCD. The DHCD consulting architect will follow the project through construction by performing regular on-site inspections. These inspections are in addition to those by the project architect and the Owner’s Clerk of the Works. Other funders, such as the construction lender and project investor, will also perform on-site inspections during construction prior to issuing payments to the GC. The GC and sub-contractors will obtain all required local permits. All work will be inspected and approved by City inspectors prior to payment being made to the GC or to the sub-contractors.