SomervilleMeetings

24-0053 Mayor's Request Approved

Requesting the appropriation of $1,405,962 from the Community Preservation Act (CPA) Fund Community Housing Reserve to the Affordable Housing Trust.

From
Community Preservation
Introduced
Jan 9, 2024
Assigned to
City Council
Enactment #
216586
View on Legistar

History

  1. Feb 15, 2024
    City Council Mayoral Approval
  2. Feb 8, 2024
    City Council Approved · roll call: pass Meeting agenda, item 6.B.6.
  3. Feb 6, 2024
    Finance Recommended to be approved · roll call: pass Meeting agenda, item 7.
  4. Jan 25, 2024
    City Council Referred for recommendation Meeting agenda, item 7.1.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council appropriate $1,405,962 from the Community Preservation Act Fund Community 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