Disabled Homless Q&A.pdfIndependent Housing Solutions – Housing the Disabled Homeless
CPA Questions & Answers
Q. Since the project proposes acquisition of an affordable housing resource, and is also
a significant request, an affordability restriction held by the City, and senior to all other
private financing ensuring that the units will remain affordable to individuals or families
earning less than 100% AMI will be required. Please see the attached letter from
Director of Planning and Sustainability Wayne Feiden, and provide additional
information as to how this requirement will be met.
A. An affordable housing restriction for 99 years comes with multiple concerns,
enumerated below:
1) This restriction is quoted to lead to a “drastic depreciation in property value. This
business does not generate any significant profit, so the only real value is the
investment in the property itself. There is close to 1 million dollars of private
funding going into this project, so immediately devaluing the only investment of
this money is not a sound business decision.
2) This project has already been met with some concerns from neighbors. A specific
concern was that their property values would be affected. Their financial
concerns are valid, if this project would decrease their property values for the rest
of their lives.
3) IHS, EMS, and NPD, have offered assurances to the neighborhood that this
project will not cause an increase in disruptive behaviors or crime. Due to issues
with life expectancy, Independent Housing Solutions cannot stand by this
assurance for 99 years. We do not feel comfortable adding this type of project to
a neighborhood if we cannot control the outcome
To overcome these issues, Independent Housing Solutions is in active conversation
with Greenfield Savings Bank (GSB) and the CPA committee about the CPA funding
being given as a loan with 2.5% interest. This loan would be in place for 20 years
and attached to an affordable housing restriction. As long as Independent Housing
Solutions continues to operate this project and serve low-income individuals, as
outlined in our proposal, the 5% of the loan principal and the accumulated interest
would be forgiven each year. After 20 years the loan would be forgiven and the
Affordable housing restriction would be lifted.
Q. Why is this being structured as a joint venture? If the role of Reliance Holdings
Corporation is simply to obtain the financing and acquire the financing, why is that not
being done directly by IHS? Structuring it as a joint venture makes it a taxable entity --
and according to the submitted materials, results in income tax liability each year of over
$20,000. Additionally, the property will be subject to full real estate tax payments,
estimated to start at $12,000 per year.
A. Our initial loan discussion with GSB was regarding a SBA 504 loan, which only
requires 10% down. Non-profit organizations are not eligible for this loan. We discussed
with GSB on 10/12/21 we have decided to take out a conventional loan (20% down)
under the name of the non-profit, with Reliance Holdings Corporation as the guarantor.
GSB is aware of the CPA “Junior Mortgage mentioned above. GSB remains concerned
about the housing restriction and the resulting depreciation leading to issues with
appraisal. GSB is only able to lend 80% of the appraised value, and if the property
appraises below the price listed on the P&S, the non-profit would have to come up with
this difference.
This continues to be an ongoing discussion. Recent information from Community Action
of Pioneer Valley (CAPV) stated that if the Nonprofit owned the property, they could not
control both the property and still be eligible to receive housing vouchers from DHCD. In
short, per DHCD, a non-profit that owns a property cannot be the same non-profit
controlling the housing vouchers. See below.
Q. Have any attempts been made to raise other capital funds for the project?
A. This question was asked a few times, so we are addressing all attempts to raise
funding in this answer.
Yes. Extensive efforts have been made, outlines below:
Independent Housing Solutions has reached out to the insurance companies
(specifically Commonwealth Care Alliance and MassHealth C3) who will benefit greatly
from housing these extreme high-utilizers. We are discussing charitable gifts and/or
stipends to assist with their housing. We are engaging in discussions with B’nai Israel
and Cooley Dickinson Hospital for possible private donations and/or gifts.
We have already obtained a generous gift from The Friends of the Hampshire County
Homeless Individual who have agreed to supply bedroom furniture, office furniture,
washers & dryers and a dishwasher for the entire facility. This is a value of
approximately $40,000.
Independent Housing Solutions is applying for 8 housing vouchers through DHCDs
current CoC Open Competition. This application was not open at the time of the CPA
submission. These 8 housing vouchers are worth $53,664 and would provide rental
assistance to half of the building. The other half of rooms would be a mixture of private
pay and housing vouchers from the surrounding Housing Authorities.
In addition, we are requesting $93,000 in operating costs from DCHD listed below:
Eligible Costs Description Annual Request
Maintenance & Repair Snow Removal,
Landscaping, Facility
Cleaning, General
Maintenance, and Elevator
Maintenance
$20,000
Property Taxes and
Insurance
Property tax and Liability
Insurance
$24,000
Replacement Reserve Replace needed items in 9
bathrooms, laundry room,
kitchen, and common
spaces
$5000
Building Security Installation on Key Fob
system Video Surveillance
of the exterior
surroundings of the
building and entrances.
Security in Summer
Months to enforce noise
curfew, as needed
$10,000
Electricity, Gas, and Water
(common spaces, only)
For 1st floor of common
space & support staff
offices
$4000
Furniture Furniture for common
spaces & support staff
offices
$5000
Equipment (lease, buy) Medical equipment
purchased for individuals
with complex medical
needs
$25,000
The funds above, will cover property taxes, which was a concern noted in another
question.
Our Grant application is due to CAPVs, who is facilitating the competition for this region,
on Friday, October 15th.
Because of the potential funding from DHCD, we are significantly altering our request
for funding from the CPA Committee. What is needed from the CPA committee is help
with improvements to the building that will restore it to its historic purpose of housing
individuals who need support. We are requesting the amount below:
$ 520,000 (needed building renovations and possible roof/solar)
$ 43,000 (update fire suppression system)
$ 20, 000 (paving and driveway redesign for ambulance entry on Franklin
Street)
$ 15, 000 (fencing)
This is a total of $608,000, instead of our prior request of over $950,000. Our requested
funds from CPA is now only 35% of our total project budget.
In regards to Wayne Fiden’s comment in his CPA Recommendation noting that the
“cost per affordable unit provided is extremely high, probably the highest CPA match
per unit ever requested.”
The reason for this is: We are housing some of the most complicated and expensive
individuals in the city.
We have picked the best suited building and are creating something completed novel.
When we look at other SRO housing models, most buildings cram as many people as
possible on the upper floors or in the back of the lot and use the front or lower areas as
rental space for commercial real estate. This model makes sense financially but does
not actually make sense for the people living there. The Lumber Yard, for example,
racked up 136 police calls and 48 ambulance transfers in 2020. The SRO where we
currently implement support had only 1 ambulance response and 16 police responses in
2020. There was no violence or crime. The police calls were due to fire alarms, 911
hang-ups, and a lost pet. Instead of a shoe store / insurance company / massage parlor
/ etc (real examples) we are replacing this space with support services. Eliminating the
commercial piece sacrifices potential income to this project, however. We are
attempting to overcome that by providing all services essentially free with grant funded
and non-profit organizations. This includes medical and case management services
from Health Services for The Homeless, meals from MANNA Community Kitchen, office
supplies and cleaning supplies donated by Friends of the Hampshire County Homeless
Individual, and case managers from Elliot services. These in-kind services value at
$99,060 per year.
Creating a model for individuals that nearly eliminates health and behavioral issues due
to lack of support, makes it possible to place these residences in residential
neighborhoods, instead of commercial areas, where they are all currently located.
Q. Is Independent Housing Solutions a brand-new organization? I fail to find any info
about it on Google.
A. Yes, it is a 501c3 that was created by 5 experts in housing and confirmed by the
Secretary of State on August 27th, 2021. We are in the process of building a website.
The board members include:
Dr. Jessica Bossie, Health Services for the homeless
Lee Anderson, MANNA Community Kitchen
Durai Rajasekar, River Valley Rest Home
Katie Miernecki, former Director of Shelter of Housing for Service Net, currently
working at HMR properties managing multiple SROs
Sami Cunningham, Community Action of Pioneer Valley
In addition, we have two board member spaces: One for a neighbor and one for a
person who has lived experience with homelessness.
Q. When you stated you are a 503c, did you mean 501c3?
A. Yes, our apologies. This was a type-o.
Q. Is Reliance Holdings Company a for-profit corporation?
A. Yes. Independent Housing Solutions will pay rent to the Reliance Holdings
Corporation at a fixed rate for 5 years-time. After five years, rent will be renegotiated,
but cannot be increased beyond 5% of the original value. Reliance Holding Corporation
is investing approximately $780,000 (Property $760 plus land surveyors, appraisals,
etc) in their own capital and private lending to make this project possible.
Q. Organizations are having an extremely difficult time recruiting direct service staff
recently. How will you hire and retain qualified support staff?
A. Our Board of Directors include experienced people that serve all prongs of the
support system that serve houseless individuals. As a group we have an extensive
network. We have multiple persons currently experiencing homelessness and
individuals that have previously experienced homeless who are interested in being hired
as cleaning staff, maintence workers, etc. This will provide jobs to homeless. Aside from
these individuals, our support services come from outside organizations Health Services
for The Homeless, MANNA Community Kitchen, Elliot Services. These entities are not
having issues with staffing at this time.
Q. How was the $750,000 for building renovations for 16 units determined?
A. Based on the quotes we received from Barron and Jacobs. We are attempting to find
a lower quote.
Q. Can you explain your efforts to secure additional funding from other entities?
A. Please see above
Q. What would partial funding of the project mean for the project viability?
A. This would make it extremely difficult to complete the needed renovations.
Therefore, partial funding for the updated request of $608,000 would significantly
delay the project and would leave 16 complex homeless individuals unhoused.
Q. Is there any assurance that the housing vouchers will be project-based rather than
mobile vouchers?
A. As noted above we are applying to DHCD for 8 project-based vouchers.
Q. The budget materials need further explanation and refinement.
A. Our organization is working as quickly as possible get a more concrete quote for the
build-out. Due to COVID, builders are overwhelmed. We will have this information prior
to our presentation on October 27th.
Q. The architect fee of $2,500 seems wholly inadequate, and does not seem to provide
for any construction supervision services. Legal fees of $3,000 also appear low.
A The request for legal and administration fees in our initial CPA submission was
20,000. This included the real estate attorney and the corporate attorney to draft the
partnership agreement between IHS and Reliance Holdings Corp. The $3000
mentioned in the question above was for the creation of the non-profit. This process is
complete and only cost the amounts below. This included all government processing,
drafting of the articles of incorporation. This also included a 30 min discussion with an
attorney to discuss a business partnership between Independent Housing Solutions,
Inc. and Reliance Holdings Corporation, that would ensure the preservation of the non-
profit.
AUG 31 IHS -$230.00
AUG 28 IHS -$249.00
AUG 18 IHS -$943.00
In regards to the Architect, this is IHS contribution only. Jody Barker, our architect, has
graciously offered a reduced fee for his services of $100 per hour. He quoted that he
would need 20 hours for design and 20 to 30 hours during the construction period. This
is a total of $5000. As noted above, we are currently requesting $520,000 to cover
building, contracting, and architectural costs.
Q. The narrative indicates that rent payments will be made by IHS, but the budgets
reflect interest payments rather than rental payments (which would almost certainly
include the principal payments in addition to the interest payments.)
A. The initial Excel sheet included numbers from both Reliance Holdings Corporation.
This was confusing. An updated spreadsheet has been attached here and only shows
the budget for Independent Housing Solutions.
Q. It is unclear if there will be dedicated property management staff to oversee the
property -- repairs, tenant behaviors, tenant selection, possible eviction, and so
forth. (The budget reflects unspecified wages of $2,000 per month, with no allowance
for benefits.)
A. No SRO in the city is staffed. They do not have doormen, security, case managers,
medical staff, etc. There is no SRO with dedicated space for support to even visit. This
leads to crime, mental health crises, medical events, and deaths. This is the problem we
are attempting to solve. Our building will have outside supports visiting and providing
services in the building nearly everyday. This includes individuals from MANNA, Health
Services for the Homeless, visiting nurses that will communicate with Dr. Bossie, and
case managers from Elliot services. We have added a budget line for security in our
DHCD grant request, listed above, and will implement if needed (but our pilot project
demonstrates this will be The $2000 in the budget is for cleaning services and
maintenance worker, both of which will be paid per-job and not salaried.
Q. The budget also assumes full occupancy at the outset, with no subsequent vacancy
loss. There is no replacement reserve for future capital items.
A. Dr. Bossie and the local agencies running the Coordinated Entry Lists have already
identified 20 individuals that appropriate for this facility. There are 240 individuals on the
lists, and many more unaccounted for. These individuals are all on the top 1/3rd of the
lists and are all eligible for housing vouchers. We have already begun the process of
organizing the needed paperwork for these individuals (Verification of income, birth
certificates, certification of homelessness, medical documentation of disability, etc). The
funds for first, last, and security has also been allocated for multiple potential tenants.
These are come from a variety of organizations (Catholic Charities, Craigs Door, etc).
Two potential clients are able to pay in full for a year up front due to accumulation of
money in poorly managed Repayee accounts. Rooms with housing vouchers must be
“turned over” with in 21 days, or the facility can be penalized. Rooms in this building will
not be empty.
Q. The attached draft Purchase and Sale Agreement requires a deposit of $31,000
rather than the $76,000 requested in the application. (And the application seems to
indicate that the deposit will be paid by Reliance in any event.)
A. Our request for $76,000 was to pay half of the 20% down payment for commercial
real estate loan (10% of 760,000). Reliance Holdings Corporation has already paid the
$31,000. We are no longer asking CPA for any acquisition costs.
Q. The primary cost estimate, by Barron & Jacobs, is very preliminary. Is this what the
renovation cost is based on?
A. Yes. We are doing our best to get a more comprehensive quote.
Q The timeline seems unrealistic. What is it based on?
A. We agree that the proposed timeline is unrealistic.
Q. Has the Franklin Street neighborhood offered support for the project?
A. Yes. We have worked extensively with all three abutters and all three are satisfied
with our current proposal to redesign the lot, add fencing, eliminate problematic
easements, and increase the size of their land. Karen Foster is fully supportive and has
arranged another neighborhood meeting, which is occurring immediately prior to our
CPA presentation on the 27th. As expected, we have received some upsetting word
from other neighbors including “If you want to help these individuals place them
somewhere else. Place them in Holyoke or Springfield, both cities full of empty
buildings. Better yet, place them in your backyard on a property that abuts yours. Let
your children feel the weight of risk in the shadow of your ambition.”
The quote above is not only heartless, but also completely unrealistic. We wonder about
how our neighboring cities would feel about such a comment.
Another neighbor (from the same household as the commenter above) wrote: “It has
been years since I and many people I know have bothered to walk downtown due to the
insistent panhandlers and for the past few years the increasing filth on the street.”
Again, creating a model for individuals that nearly eliminates health and behavioral
issues due to lack of support, makes it possible to place these residences in residential
neighborhoods, instead of downtown, where they are all currently located.
We are pleased to say that many neighbors spoke out against the words written above
(which were sent to the entire neighborhood and Karen Foster) and have offered much
support for our project.
A. How will the equity created by the CPA-funded renovations be determined, and
then captured in the Right of First Refusal? Will any credit be given for the loan
amortization attributable to IHS rent payments?
Q. Greenfield Savings Bank is already requested an “as-is” appraisal and an “as-
completed” appraisal. This difference in value will be written into the partnership
agreement.
A. Where does the $50,000 "cash on hand" come from?
Q. Please see updated spread sheet. First, last and security for 16 tenants (SRO rate of
$680) which includes all utilities equals $32,640. That is the number we are starting
with.
Thank you for reading these responses. We greatly appreciate being considered for
CPA Funding.
-Independent Housing Solutions
Starting cash on hand 32,640.00$ Starting date Mar 2022
Cash
minimum
balance alert
2,000.00$
Feb 2022 Mar 2022 Apr 2022 May 2022 Jun 2022 Jul 2022 Aug 2022 Sep 2022 Oct 2022 Nov 2022 Dec 2022 Jan 2023
Cash on hand (beginning of month) 32,640.00$ 20,350.00$ 23,190.00$ 24,280.00$ 29,320.00$ 30,960.00$ 30,600.00$ 35,240.00$ 36,880.00$ 37,270.00$ 50,860.00$ 53,700.00$
Income
Rent / Voucher -$ 10,880.00$ 10,880.00$ 10,880.00$ 10,880.00$ 10,880.00$ 10,880.00$ 10,880.00$ 10,880.00$ 10,880.00$ 10,880.00$ 10,880.00$ 119,680.00$
Grant 7,750.00$ 7,750.00$ 7,750.00$ 7,750.00$ 7,750.00$ 7,750.00$ 7,750.00$ 7,750.00$ 7,750.00$ 7,750.00$ 7,750.00$ 7,750.00$ 93,000.00$
Stipends from insurance cp 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 7,200.00$
Laundry 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 60.00$ 720.00$
Air Conditioners / Mini Fridge 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 600.00$ 7,200.00$
Fundraising 7,500.00$ 7,500.00$
Other receipts -$
Total Cash Receipts 9,010.00$ 19,890.00$ 19,890.00$ 19,890.00$ 19,890.00$ 19,890.00$ 19,890.00$ 19,890.00$ 19,890.00$ 27,390.00$ 19,890.00$ 19,890.00$ 235,300.00$
Total Cash Available 41,650.00$ 40,240.00$ 43,080.00$ 44,170.00$ 49,210.00$ 50,850.00$ 50,490.00$ 55,130.00$ 56,770.00$ 64,660.00$ 70,750.00$ 73,590.00$
Expenses
Lanscaping 500.00$ 500.00$ 500.00$ 500.00$ 500.00$ 500.00$ 500.00$ 500.00$ 4,000.00$
Cleaning 1,000.00$ 1,000.00$ 1,000.00$ 1,000.00$ 1,000.00$ 1,000.00$ 1,000.00$ 1,000.00$ 1,000.00$ 1,000.00$ 1,000.00$ 1,000.00$ 12,000.00$
Insurance (other than health)3,000.00$ 3,000.00$ 3,000.00$ 3,000.00$ 12,000.00$
Interest expense -$
Materials and supplies (in COGS) 250.00$ 250.00$ 250.00$ 250.00$ 250.00$ 250.00$ 250.00$ 250.00$ 250.00$ 250.00$ 250.00$ 250.00$ 3,000.00$
Meals and entertainment 100.00$ 100.00$ 100.00$ 100.00$ 100.00$ 100.00$ 100.00$ 100.00$ 100.00$ 100.00$ 100.00$ 100.00$ 1,200.00$
Mortgage for construction loan -$
Mortgage on the building -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$
Security 750.00$ 750.00$ 750.00$ 750.00$ 750.00$ 3,750.00$
Medical Supports for Occupants 2,500.00$ 2,500.00$ 2,500.00$ 2,500.00$ 2,500.00$ 2,500.00$ 2,500.00$ 2,500.00$ 2,500.00$ 2,500.00$ 2,500.00$ 2,500.00$ 30,000.00$
Rent or lease 8,000.00$ 8,000.00$ 8,000.00$ 8,000.00$ 8,000.00$ 8,000.00$ 8,000.00$ 8,000.00$ 8,000.00$ 8,000.00$ 8,000.00$ 8,000.00$ 96,000.00$
Rent or lease: vehicles, equipment -$
Repairs and maintenance 1,500.00$ 1,500.00$ 1,500.00$ 1,500.00$ 6,000.00$
Office Supplies 50.00$ 50.00$ 50.00$ 50.00$ 50.00$ 50.00$ 50.00$ 50.00$ 50.00$ 50.00$ 50.00$ 50.00$ 600.00$
Real Estate Taxes 3,500.00$ 3,500.00$ 3,500.00$ 3,500.00$ 14,000.00$
Utilities - Gas 500.00$ 500.00$ 500.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 500.00$ 500.00$ 500.00$ 4,200.00$
Utilities - Electricity 500.00$ 500.00$ 500.00$ 800.00$ 1,200.00$ 1,200.00$ 1,200.00$ 1,200.00$ 1,200.00$ 500.00$ 500.00$ 500.00$ 9,800.00$
Utilities - Trash Removal 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 200.00$ 2,400.00$
Utilities - Water / Sewer 200.00$ 200.00$ 200.00$ 500.00$ 500.00$ 500.00$ 500.00$ 500.00$ 500.00$ 200.00$ 200.00$ 200.00$ 4,200.00$
Wages (less emp. credits) -$
Snow removal 1,000.00$ 750.00$ 750.00$ 1,000.00$ 3,500.00$
Payroll expenses and Tax 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 24,000.00$
Install Key Fob and Cameras 5,000.00$ 5,000.00$
Miscellaneous -$
Subtotal 21,300.00$ 19,050.00$ 20,800.00$ 16,850.00$ 20,250.00$ 22,250.00$ 17,250.00$ 20,250.00$ 21,500.00$ 15,800.00$ 19,050.00$ 21,300.00$ 235,650.00$
Loan principal payment -$
Capital purchases -$
Other startup costs -$
To reserve and/or escrow -$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ 22,000.00$
Owners' withdrawal -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$
Total Cash Paid Out 21,300.00$ 17,050.00$ 18,800.00$ 14,850.00$ 18,250.00$ 20,250.00$ 15,250.00$ 18,250.00$ 19,500.00$ 13,800.00$ 17,050.00$ 19,300.00$ 257,650.00$
Cash on hand (end of month)20,350.00$ 23,190.00$ 24,280.00$ 29,320.00$ 30,960.00$ 30,600.00$ 35,240.00$ 36,880.00$ 37,270.00$ 50,860.00$ 53,700.00$ 54,290.00$
Total
Other Operating Data
Sales volume (dollars)
Accounts receivable balance
Bad debt balance
Inventory on hand
Accounts payable balance
Depreciation
October 4, 2021
Community Preservation Committee
c/o Planning & Sustainability
210 Main St
Northampton, MA 01060
RE: Housing for the Disabled Homeless
Dear Community Preservation Committee,
As director of the City office charged with affordable housing, I would like to add my comments to
the Housing the Disabled Homeless CPA application.
Support: This project serves a desperate need among our population experiencing houselessness
and the concept has the whole-hearted support of Planning & Sustainability. Likewise, the location
of the site, under a mile from downtown, makes it walkable (albeit a long walk), which is important
for the population being served.
I cannot comment on whether the proposed support services are adequate, but clearly the applicant
has thought about that and has included some focus in their work.
Cautions: While we have no reservations about the project, we have three concerns:
First, the CPA cost per affordable unit provided is extremely high, probably the highest CPA match
per unit ever requested. Traditionally, we think of both CPA and CDBG as being used for gap
financing, financing that leverages as much money from other sources as possible. It is not clear
from this application that the applicant is searching for and finding as much other funding as
potentially is out there, which would tax CPA support more than needed.
Second, the application does not discuss either affordability restrictions or energy performance.
CPA requires that such housing does provide an affordability restriction. We would urge that the
restriction be a minimum of 99 years, which has become practice for most CPA and CDBG
funded projects. Such a restriction must be senior to all other private financing (although it
could be junior to any state contribution).
We would urge that in return for this large investment, the building get an extreme energy
conservation makeover and a commitment to no new investments in fossil fuel heating. This is
consistent with our recent Climate Resilience and Regeneration Plan and with our recent
CPA and CDBG practices.
Finally, the proposed matching funds for the project are in the form of a private investment and
private shareholders. It is not clear if those investors understand that their investment would be
junior to the affordability restriction, which would dramatically reduce the value of the property and,
perhaps, make investors less like to make this investment. One approach, if that is a concern, is that
the affordability restriction could be, in part, in the form of a first mortgage that could be released if
the CPA funds were paid back (principal and simple interest, such as 2.5%)
None of our concerns undercut our support for the project, but they could require a significant
reworking of the project parameters and financing.
Thank you for your consideration.
Sincerely,
Wayne Feiden, FAICP
Director of Planning and Sustainability
Cc: Keith Benoit and the Northampton Housing Partnership