Select Board backs CPC's $5 million commitment for Gates elderly-affordable housing project
The Community Preservation Committee asked the board to endorse a $5,000,000 CPC commitment to a Grantham Group proposal to redevelop a former junior high into 63 one-bedroom subsidized units for elderly households; the board voted to recommend the CPC article, noting the funding plan includes reserves, estimated receipts and $4M borrowings.
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CPC presented a series of warrant articles and requested the Select Board's support. The board focused attention on the Gates affordable housing project, a redevelopment plan to demolish the junior-high central building and build a 64,000 sq.-ft facility with 63 one-bedroom apartments, a visiting-nurse office and community space.
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