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Developers seek $600,000 in CPA funds for two Pleasant Street historic rehabs
Summary
Owners of four Pleasant Street properties requested Community Preservation Act grants totaling $600,000 for renovation and historic-stewardship work on two separate mixed-use buildings, prompting questions from the Community Preservation Committee about bidding, timelines and potential historic tax-credit restrictions.
The Fall River City Community Preservation Committee on Jan. 9 heard requests for CPA funding for two separate renovation projects on Pleasant Street: 1270 and 1288 Pleasant Street and 1616/1622 Pleasant Street. Property owner Ronald Olivera and design-builder Armando Pereira asked the committee for $300,000 for each building to support exterior and interior rehabilitation and preservation work.
The requests matter because both properties are large, historic, mixed-use buildings in the city’s East Side/Flint area and the committee’s vote will affect which projects receive scarce CPA dollars this budget cycle.
Owner Ronald Olivera said he owns both properties and described plans to restore storefronts, bring units up to code and add accessible housing. "I'm the owner of both this property and the next one we're gonna be discussing," Olivera said. Architect and…
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