SomervilleMeetings

25-0053 Mayor's Request Approved

Requesting the appropriation of $1,475,428 from the Community Preservation Act Affordable Housing Reserve to the Affordable Housing Trust.

From
Community Preservation
Introduced
Jan 6, 2025
Assigned to
City Council
Enactment #
218321
View on Legistar

History

  1. Feb 24, 2025
    City Council Mayoral Approval
  2. Feb 13, 2025
    City Council Approved · roll call: pass Meeting agenda, item 6.D.7.
  3. Feb 11, 2025
    Finance Committee Recommended to be approved · roll call: pass Meeting agenda, item 14.
  4. Jan 23, 2025
    City Council Referred for recommendation Meeting agenda, item 7.2.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council appropriate $1,475,428 from the Community Preservation Act Fund Affordable Housing Reserve to the Somerville Affordable Housing Trust. The appropriation will be allocated to the Housing Trust CPA Fund (Org #37024). Details of this request are available in the attached funding recommendation from the Community Preservation Committee. Appropriate staff will be available to address any questions you may have. Thank you for your consideration of this item. Respectfully Submitted, Katjana Ballantyne, Mayor