City of Somerville header
File #: 198283    Version: 1
Type: Mayor's Request Status: Approved
File created: 12/9/2014 In control: City Council
On agenda: 12/11/2014 Final action: 1/22/2015
Enactment date: 12/11/2014 Enactment #: 198283
Title: Requesting to appropriate $2,206,028 from the CPA Fund Community Housing Reserve to the Affordable Housing Trust Fund per the recommendation of the Community Preservation Committee.
Code sections: Appropriation/Budget -
Attachments: 1. CPA Fund explanation_12.09.14 update

  Agenda Text

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Requesting to appropriate $2,206,028 from the CPA Fund Community Housing Reserve to the Affordable Housing Trust Fund per the recommendation of the Community Preservation Committee.

 

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Official Text

To the Honorable Board:

I respectfully request that your Honorable Board approve the appropriation of $2,206,028 from the Community Preservation Act (CPA) Fund Community Housing Reserve to the Affordable Housing Trust Fund, as recommended by the Community Preservation Committee on December 3, 2014. Please see the attached document for an explanation of the CPA Fund and this appropriation request.

 

Respectfully,

Joseph A. Curtatone

Mayor