Site Translation

English

Donate Now!

Last month May 2012 Next month
S M T W T F S
week 18 1 2 3 4 5
week 19 6 7 8 9 10 11 12
week 20 13 14 15 16 17 18 19
week 21 20 21 22 23 24 25 26
week 22 27 28 29 30 31
Share on facebook
Current & Future Housing Developments

A new collaboration means more effective affordable housing development for Waltham! In 2010, WATCH was a founding member of Metro West Collaborative Developers (MWCD), an active partnership between:

- WATCH
- Watertown Community Housing
- Belmont Housing Trust
- Lexington Housing Partnership

MWCD allows these smaller groups to pool resources in order to do affordable housing more effectively and efficiently.  MWCD will put together and carry out the deals under the direction of the board, which is made up of equal representatives from each group. The member groups retain our local connection and accountability for developments done in our community. So WATCH will still decide which housing deals we want to pursue in Waltham and will ensure that any development that MWCD conducts in Waltham reflects local interests and needs.  WATCH gets to retain our deep connection and commitment to the local community while employing this new entity to conduct our affordable housing development work for us.

WATCH has two representatives on the MWCD board and will soon be looking for a third. If you are interested in representing WATCH on the board of a nonprofit affordable housing developer, contact This e-mail address is being protected from spambots. You need JavaScript enabled to view it : 781-891-6689 x200.

MWCD News:

Winter, 2012

MWCD is applying (again - it can take up to 3 application rounds) for state funds to renovate the St. Joseph's Hall building in Watertown and ensure long term sustainability of these 25 units of affordable senior housing. In the meanwhile, MWCD is carrying out the property management for the apartments, under an agreement with the sellers.

And, as always, MWCD continues to look for other sites appropriate for affordable housing creation.

Fall, 2011

MWCD's new website is up! Deeper content will be added over the next several months. 

August, 2011:

MWCD is receiving pro-bono services to create a logo and website!

July, 2011:

MWCD has an accepted offer on a 25-property in Watertown and has started applying for funding in anticipation of this renovatoin project that will preserve these 25 units of affordable senior housing

WATCH continues to research local sites that on which we can both create affordable housing and improve a part of our City. We will work with MWCD with the intent of making an offer on at least one of them this year.

May, 2011:

A student team in the Federal Home Loan Bank Affordable Housing Development Competition selected MWCD as their partner in the competition and has designed a complete proposal for affordable housing on Cooper Lane in Waltham.  Our team did not win, but the bar was raised very high this year!  The team's proposal is too large to upload to our website at this time. Until we can upload a smaller version, please email This e-mail address is being protected from spambots. You need JavaScript enabled to view it to have it emailed to you.


 

Add comment


Security code
Refresh

517 Moody Street, Waltham MA 02453 | p: 781.891.6689 | f: 781.891.1703 | Copyright © 2009 WATCH, CDC All rights reserved.
Web Site Development by Veracity Technologies, Kelly Nixon, and Melissa Nadeau