Government
Council Approves Creation of Watertown Affordable Housing Trust
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Charlie BreitroseWatertown City Hall
The City of Watertown will have a trust dedicated to the creation and preservation of affordable housing for low- and moderate-income households with the Council’s approval of the ordinance creating the trust. Along with approving the ordinance, the Council’s vote on Nov. 23 also dissolved the Watertown Housing Partnership, which led Watertown’s efforts to create affordable housing for many years. The Housing Trust will have powers and abilities beyond what has been possible through the City’s efforts to create affordable housing or the Housing Partnership’s efforts, said Watertown Senior Planner Larry Field. “The Housing Partnership has been a great asset to the city for many years,” Field said.