Council Approves Creation of Watertown Affordable Housing Trust

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.

Town Council Moves Toward Creating Trust to Buy, Build More Affordable Housing in Watertown

Watertown Town Hall

Watertown took a major step this week toward creating more affordable housing by starting the effort to create an affordable housing trust and looking into charging fees to new developments that would go toward affordable housing. Tuesday night, the Town Council voted unanimously to move forward with writing an ordinance that would create the Watertown Affordable Housing Trust, and would dissolve the Watertown Housing Partnership. The Council also approved a study of creating linkage fees for new commercial developments for affordable housing. The Trust would work to create and preserve housing for low- and moderate-income households. Among its powers the Trust would be able to receive properties as donations or gifts, and to buy and sell property.

Watertown Community Preservation Plan Released, Committee Wants Public’s Reactions

A shot of the cover of the Community Preservation Committee’s Draft Five Year Plan, released in late April. Watertown has several million dollars to spend on projects to acquire land for open space and outdoor recreation, create affordable housing and preserve the Town’s historic structures and resources. The Committee that will make recommendations on how to spend the money recently released a draft of the plan that will guide which projects will get funded. Last week, the Community Preservation Committee made the draft of a five-year plan available for the public to read (see it here). The Committee wants to know what Watertown residents think about the plan, and will host a meeting on May 20 at 7 p.m. to gather input.

Public Invited to Help Create Principles for Watertown’s Community Preservation Process

The Community Preservation Committee is determined not to let the COVID-19 pandemic slow progress toward awarding the first set of projects, but before that can happen they have some work to do and are seeking the public’s help to do so. The next step is a Webinar on Tuesday, June 30 from 6-7 p.m., which is being held in lieu of the second public forum. (See more information about the webinar and how to register below). In January, the group had a public forum to hear what types of projects residents want to see the Community Preservation funds used on. They also did an online survey and held focus groups in March just before for the shutdown, and had planned a second public forum in April but that had to be cancelled, said Lanae Handy, the Community Preservation Coordinator.

Community Preservation Committee Invites Public to Interactive Forum

The Community Preservation Committee invites the public to find out more about the Community Preservation Act during an interactive public forum. Attendees can share their ideas to help the CPC plan to spend the CPA funds on affordable housing, open space/recreation, and historic preservation. The event will be held Wednesday, Jan. 29, 2020 from 7-9 p.m. at Tufts Health Plan, in the Mt. Auburn Rooms North & South, 705 Mt.