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Trust weighs affordable housing preference or sale proceeds for Glendale Street parcel; North Suffolk applies for $50,000 open‑call allocation
Summary
Trustees discussed evaluating bids for a Glendale Street tax‑title parcel — whether to prioritize on‑site affordable construction or accept sale proceeds to fund other projects — and were alerted that North Suffolk applied to receive the full $50,000 open‑call allocation this round.
Trust members reviewed responses to requests for proposals on city‑owned tax‑title properties and discussed how to evaluate bids for a Glendale Street parcel.
Chair Joe Grama said the RFP closed on the Glendale Street lot and reminded trustees the bid parameters gave preference to proposals that advance affordable housing but…
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