SomervilleMeetings

25-0651 Mayor's Request Approved

Requesting the appropriation of $1,468,693 from the Community Preservation Act Affordable Housing Reserve to the Affordable Housing Trust.

From
Community Preservation
Introduced
Mar 27, 2025
Assigned to
City Council
Enactment #
218955

History

  1. May 15, 2025
    City Council Mayoral Approval
  2. May 8, 2025
    City Council Approved · roll call: pass Meeting agenda, item 6.B.6.
  3. May 6, 2025
    Finance Committee Recommended to be approved · roll call: pass Meeting agenda, item 11.
  4. Apr 24, 2025
    City Council Referred for recommendation Meeting agenda, item 7.3.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council appropriate $1,468,693 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). This item supersedes a previous authorization, 25-0053, due to a clerical error. 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