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Needham housing project advances despite EOHLC setback; committee approves reimbursement and discusses funding strategy
Summary
Project team said it was not selected to advance to full EOHLC application this round but is pursuing feedback and submitting two applications (tax-credit one-stop and Public Housing Innovation). Committee voted to approve a reimbursement request (~$35,052.70) for design work.
Project leads told the Town of Needham Finance & Housing Oversight Committee on March 9 that the proposed replacement housing project is pursuing state and federal funding after a competitive round left the team out of the next stage.
"Our project wasn't selected to advance to submit a full application," Phil Kreen, project manager with the planning office for urban affairs, said in the committee’s quarterly update. He said the team is requesting a follow-up meeting with EOHLC to get feedback and better position the project for the next funding round.
Betsy (referenced in the meeting packet and thanked by the chair) said the team is submitting two applications in March: a one-stop…
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