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54 Eddy Street

CAN-DO purchased this 2 family dwelling which contains a 2-bedroom unit and a 3-bedroom unit in July of 2012 with a loan from The Village Bank. It is located in West Newton. Funding to pay down the acquisition loan will come from CDBG funds provided by the city of Newton. CPA funds will be used to renovate the property. The current heating system will be replaced with one that is more efficient, improvements will be made to the site and the exterior of the building, and interior improvements will include the addition of a bathroom to the 3 bedroom unit and modernization of the kitchen. The rents for the units have been set at a level which will be affordable to low-income families without the benefit of a section 8 voucher. The project is scheduled to be complete by the end of November 2013.

54 Eddy Street 		 


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CAN-DO, affordable housing, transitional housing, congregate living, Newton, Massachusetts, Josephine McNeil, YIMBY, Louis H. Garfield House, Christina Street, Kayla's House, Kayla A. Rosenberg, Highlands Glen Condominiums, Webster Street, U-CHAN, Uniting Citizens for Housing Affordability in Newton, Ted Hess-Mahan, federal HOME program, CDBG, Young Parent Program, NWW, NCSC, Newton Community Service Centers, DMH, DMR, SRO, Community Preservation Act, Newton Community Preservation Committee, zoning, non-profit, moderate income, Bob Swett Excellence in Housing Award, Newton Womens' Commission, Newton2000