Housing Creation Plan By Perry/jaymont Venture for 180 Shawmut Avenue
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In our eReader you can find the full English version of the book. Read Housing Creation Plan By Perry/jaymont Venture for 180 Shawmut Avenue Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Housing Creation Plan By Perry/jaymont Venture for 180 Shawmut Avenue
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(See attached Partnership Agreement.) The Housing Creation Proposal The Housing Creation Partnership proposes the development of 40 rental units on BRA Parcel 3B-2B at 180 Shawmut Avenue in the South End Urban Renewal Area. The development emphasizes family housing: the unit mix consists of 11 4-bedroom units, 20 3-bedroom units, 5 2-bedroom units and 4 1-bedroom units.
The average unit size (net rentable square footage) is 1,138 square feet. An underground garage will provide 27 parking spaces.... Common laundry facilities and a community room are also provided. The total building area is approximately 73,905 square feet.
The total development cost is projected to be $6.5 million.
The partnership plans to use the DIP Contribution as leverage for additional funds for the project. The Partnership will apply for a loan of $5.7 million from the State Housing Assistance for Rental Production (SHARP) program, which will allow the units to be rented at Section 8 or State 707 rent levels. The Partnership also plans to raise operating subsidies through the use of syndication funds.
What to read after Housing Creation Plan By Perry/jaymont Venture for 180 Shawmut Avenue?
You can find similar books in the "Read Also" column, or choose other free books by Boston Redevelopment Authority to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
(See attached Partnership Agreement.) The Housing Creation Proposal The Housing Creation Partnership proposes the development of 40 rental units on BRA Parcel 3B-2B at 180 Shawmut Avenue in the South End Urban Renewal Area. The development emphasizes family housing: the unit mix consists of 11 4-bedroom units, 20 3-bedroom units, 5 2-bedroom units and 4 1-bedroom units.
The average unit size (net rentable square footage) is 1,138 square feet. An underground garage will provide 27 parking spaces.... Common laundry facilities and a community room are also provided. The total building area is approximately 73,905 square feet.
The total development cost is projected to be $6.5 million.
The partnership plans to use the DIP Contribution as leverage for additional funds for the project. The Partnership will apply for a loan of $5.7 million from the State Housing Assistance for Rental Production (SHARP) program, which will allow the units to be rented at Section 8 or State 707 rent levels. The Partnership also plans to raise operating subsidies through the use of syndication funds.
What to read after Housing Creation Plan By Perry/jaymont Venture for 180 Shawmut Avenue?
You can find similar books in the "Read Also" column, or choose other free books by Boston Redevelopment Authority to read onlineMoreLess
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