stick n move
Superstar
- Joined
- Oct 14, 2009
- Messages
- 13,361
- Reaction score
- 23,940
-Very weird to have this not labelled as under construction on bostonplans and a notice of project alteration was just approved.
“PROPOSED CHANGES TO THE APPROVED PROJECT
The Proponent now seeks to further update the Project by altering the layout of
the third floor as shown on the floor plans attached hereto, which alterations
include the following: (1) reducing the total number of Artist Live/Work Units from
five (5) Artist Live/Work Units to four (4) Artist Live/Work Units; (2) providing in lieu
of the additional Artist Live/Work Unit a $425,000.00 off-site IDP Contribution; and
(3) and adding an amenities space in the location of what was originally
designated as the fifth unit (collectively, the “Revised Project.” The total gross floor
area, height, dimensions and building design remain consistent with the
description of the Project previously approved and described in the development
plan.
The Proponent seeks to update the IDP commitment associated with the
approved Project to reflect the proposed changes. The July 13, 2021 AHA will be
amended, and an Affordable Housing Contribution Agreement (the “AHCA”) will be
entered into with respect to the off-site contribution.
UPDATED INCLUSIONARY DEVELOPMENT COMMITMENTBOARD APPROVED 23
Although the Revised Project is zoning compliant, the Current Developer plans to
honor the Original Proponent’s commitment to conform to the Inclusionary
Development Policy, as amended through September 27, 2007, effective October
3, 2007 (the “2007 IDP”). The 2007 IDP requires the creation of an amount of
income-restricted housing units equal to fifteen percent (15%) of the market-rate
housing units included in the Revised Project
The Proponent now commits to four (4) on-site income-restricted artist live/work
homeownership units (the “IDP Units”), and in place of the fifth previously agreed
upon IDP Unit, the Proponent will make a $425,000.00 monetary IDP contribution.
Two (2) units will be made available to households with incomes not more than
80% of the Area Median Income (“AMI”), as published by the BPDA and based
upon data from the United States Department of Housing and Urban
Development (“HUD”), and two (2) units will be made available to households with
incomes more than 80% of AMI but not more than 100% AMI.”
bpda.app.box.com
“PROPOSED CHANGES TO THE APPROVED PROJECT
The Proponent now seeks to further update the Project by altering the layout of
the third floor as shown on the floor plans attached hereto, which alterations
include the following: (1) reducing the total number of Artist Live/Work Units from
five (5) Artist Live/Work Units to four (4) Artist Live/Work Units; (2) providing in lieu
of the additional Artist Live/Work Unit a $425,000.00 off-site IDP Contribution; and
(3) and adding an amenities space in the location of what was originally
designated as the fifth unit (collectively, the “Revised Project.” The total gross floor
area, height, dimensions and building design remain consistent with the
description of the Project previously approved and described in the development
plan.
The Proponent seeks to update the IDP commitment associated with the
approved Project to reflect the proposed changes. The July 13, 2021 AHA will be
amended, and an Affordable Housing Contribution Agreement (the “AHCA”) will be
entered into with respect to the off-site contribution.
UPDATED INCLUSIONARY DEVELOPMENT COMMITMENTBOARD APPROVED 23
Although the Revised Project is zoning compliant, the Current Developer plans to
honor the Original Proponent’s commitment to conform to the Inclusionary
Development Policy, as amended through September 27, 2007, effective October
3, 2007 (the “2007 IDP”). The 2007 IDP requires the creation of an amount of
income-restricted housing units equal to fifteen percent (15%) of the market-rate
housing units included in the Revised Project
The Proponent now commits to four (4) on-site income-restricted artist live/work
homeownership units (the “IDP Units”), and in place of the fifth previously agreed
upon IDP Unit, the Proponent will make a $425,000.00 monetary IDP contribution.
Two (2) units will be made available to households with incomes not more than
80% of the Area Median Income (“AMI”), as published by the BPDA and based
upon data from the United States Department of Housing and Urban
Development (“HUD”), and two (2) units will be made available to households with
incomes more than 80% of AMI but not more than 100% AMI.”