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CPC hears updates on housing authority projects, discusses CPA bonding and MBTA compliance deadlines
Summary
Committee members reviewed technical questions for the Charles River Center proposal and updates on Needham Housing Authority projects; staff said consultants recommended conferring with Town Counsel about CPA Act interpretation and the committee discussed using CPA revenue as bond security for larger housing projects.
Members of the Needham Community Preservation Committee discussed recent work on multiple housing proposals and financing options during the Jan. 22 meeting.
Maureen (committee member) said the committee and its consultant, Emily Actenberg, had developed technical questions for the Charles River Center team and planned to hear from that applicant in February. She said the Charles River group was also meeting with the town manager about zoning questions. "They were right on it. And we will hear from them and we will certainly forward…
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