Affordable Housing Monitoring
Metro West CD has been working in the field of affordable housing development, administration and compliance for over 30 years. Working closely with municipalities and developers, Metro West CD is involved in the monitoring of over 150 affordable units throughout eastern Massachusetts. In addition to Monitoring Agreements with individual developers, Metro West CD also works with municipalities to ensure the compliance of their entire Subsidized Housing Inventory (SHI).
Metro West CD also provides Compliance Monitoring for properties developed under 40B, 40R, Special Permit, and/or Inclusionary Zoning and has current agreements with:
- Riverbend on the Charles (17 affordable units in Watertown)
- Watertown Square Apartments (13 affordable units in Watertown)
- Morse Street (6 affordable units in Watertown)
- The Overlook (8 units of affordable housing in Weymouth)
- Campion Estates (7 units in North Andover)
- Villages at Goddard Highlands (26 units in Stoughton)
- 30 Haven (11 units in Reading)
- Rose Landing (18 units in Danvers)
- Elm Residences (5 units in Bridgewater)
- Brewster Commons (10 units in Duxbury)
- Town of Lincoln
- City of Watertown
- Assabet Regional Housing Consortium Agreement including the towns of: Berlin, Bolton, Boxborough, Devens, Harvard, Hudson, Lancaster, Littleton, and Stow
Metro West CD is a MassHousing approved 40B compliance monitor.
Affirmative Marketing and Lottery Administration
An essential part of the distribution of affordable housing in Massachusetts is availability of opportunities to the widest possible number of households. Thus, the Affirmative Fair Housing Marketing Plan and Tenant/Homebuyer Selection Plans are important documents to review and monitor for accurate implementation. Most often, these plans must be approved by the State Subsidizing Agency prior to project approval, which would include any Local Initiative Program unit.
Metro West CD is experienced in creating and implementing Affirmative Fair Housing Marketing Plans that make sense for the proposed project and can be approved by the various State agencies, including administration of a Lottery.
For prospective homebuyers, Metro West CD will collaborate with realtors, lenders, and municipal leaders to facilitate a smooth homebuying process. Metro West CD works with both prospective homeowners and tenants throughout the lottery/homebuying process to ensure that they are eligible for the available units.