Town Council Move Aimed at Increasing Affordable Housing in Watertown

The Town Council voted to approve steps to increase the number of affordable housing units when new developments are built in Watertown. Tuesday night, the council voted 8-1 to increase the requirement of affordable units in complexes from 10 percent to 12.5 percent. The move was made to help Watertown meet the state requirement of having 10 percent of the total housing units in town available at an affordable rate. If a community does not meet the 10 percent requirement under Chapter 40B (sometimes called the anti-snob law), developers could come into town to build projects with 25 percent of the units sold or rented as affordable, and they would not have to comply with the town’s zoning regulations, said Councilor Vincent Piccirilli. To qualify for affordable housing, applicants must make below 80 percent of the Area Median Income.

Affordable Housing Available in New Apartment Complex

A lottery will be held for apartments in the new Watertown Mews complex. Families making below 80 percent of the Area Median Income are eligible to join the lottery for 32 of the 206 units at the complex off Pleasant Street at 1 Repton Place (across from Russo’s). Units include a gourmet kitchen, a full-size washer and dryer and a walk in closet. The complex features include a fitness room, a yoga studio, a multi-media game room, a pet spa  and a pool. (See photos and more by clicking here.)

The income limits are: one person – $47,450, two people – $54,200, three people – $61,000, four people – $67,750, five people – $73,200, six people – $78,600.