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Finance Committee approves $50,000 reserve transfer to seed tenant relocation assistance for Stephen Palmer residents
Summary
The committee approved an initial $50,000 reserve fund transfer to begin a tenant relocation assistance program tied to the Stephen Palmer Association; the program reimburses eligible relocation costs up to $10,000 per unit and Housing to Home will provide direct resident support.
The Needham Finance Committee voted Dec. 3 to approve an initial $50,000 reserve fund transfer to seed a tenant relocation assistance program for residents of the Stephen Palmer property.
Town staff described the program as providing up to $10,000 per unit in reimbursement for eligible relocation costs, including application and credit-check fees, security deposits, rent differentials for up to four months and moving…
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