A communication transmitted from Louis A. DePasquale, City Manager, relative to Awaiting Report Item Number 21-6, regarding a report housing development information

C I T Y O F C A M B R I D G E Community Development Department 344 Broadway Cambridge, MA 02139 Voice: [phone removed] Fax: [phone removed] TTY: [phone removed] www.cambridgema.gov IRAM FAROOQ Assistant City Manager for Community Development SANDRA CLARKE Deputy Director Chief of Administration KHALIL MOGASSABI Deputy Director Chief Planner To: Louis A. DePasquale, City Manager From: Iram Farooq, Assistant City Manager for Community Development Date: November 1, 2021 Re: Awaiting Report #21-6, Council Order #O-3 dated February 3, 2021 regarding obtaining written documentation from the Cambridge Housing Authority, Homeowners Rehab, Inc., Just a Start, and the Community Development Department updating the City Council on the locations, unit sizes, number of units, overall costs, populations served, and expected dates of completion for each of the projects they reported on during the Housing Committee hearing held on January 12, 2021 In response to the above referenced Policy Order, we submit the following. We have gathered information from affordable housing providers and compiled it in the attached document. This includes information on the location, number and size of affordable units, number of new affordable units, development costs, affordability levels, and expected dates of completion for all developments that are currently active and include affordable units. As the policy order notes, much of this information was shared with the Housing Committee earlier this year. The information included here has been updated to reflect the current status of each development, and to include new developments that have been proposed since that meeting.

AFFORDABLE HOUSING - ACTIVE DEVELOPMENT & PRESERVATION PROJECTS - 2021 Project Project Address Completion Date Project Type Housing Type Affordability Affordable Units New Units Commercial SF Total Development Cost City / CAHT Funding Committed SRO 0BR 1BR 2BR 3BR 4BR+ 78-80 Porter Road 78-80 Porter Road 2021 substantial rehab rental 60% AMI 26 0 - 18,013,964 $ 4,350,000 $ 1 9 11 5 Millers River Apts Revitalization 15 Lambert Street 2022 substantial rehab / add new units rental 60% & 80% AMI 300 3 - 184,894,884 $ 5,000,000 $ 297 3 Roosevelt Towers Rehabilitation Cambridge St and Windsor St 2022 substantial rehab rental 60% & 80% AMI 112 0 - 59,858,381 $ - $ 63 44 5 Burns Apartments Reivtalization 30-50 Churchill Avenue 2022 substantial rehab rental 60% AMI 198 0 - 91,601,169 $ - $ 197 1 Truman Apartments Revitalization 25 8th Street 2022 substantial rehab rental 60% AMI 59 0 - 35,206,325 $ - $ 59 Putnam School Rehabilitation 86 Otis Street 2023 substantial rehab / add new units rental 60% AMI 34 1 - 20,397,184 $ - $ 32 2 116 Norfolk Street Redevelopment 116 Norfolk 2024 preservation / rehab / new construction rental 60% AMI 60 23 - 41,980,400 $ TBD 60 0 Jefferson Park Redevelopment Jackson Place 2025 preservation / new construction rental 60% & 80% AMI 278 103 5,000 251,769,435 $ 43,611,615 $ 37 111 111 19 Subtotal - CHA 1,041 130 5,000 685,707,778 $ 48,611,615 $ 0 60 622 180 155 24 Project Project Address Completion Date Project Type Housing Type Affordability Affordable Units New Units Commercial SF Total Development Cost City / CAHT Funding Committed SRO 0BR 1BR 2BR 3BR 4BR+ 171 Columbia Street 171 Columbia Street 2022 substantial rehab rental 80% AMI 3 0 - 1,950,000 $ TBD 2 1 808 Memorial Drive 808-812 Memorial Drive 2023 substantial rehab mixed-income rental, mixed-use 60% AMI & Market (100 units) 300 0 60,277 163,835,349 $ 973,363 $ 128 138 30 4 CASCAP 10 properties at numerous locations in Cambridge Ongoing portfolio acquisition; rehab rental, includes housing with services for residents with supportive service needs (e.g. senior and residents with disabilities) 60% AMI 144 0 - TBD TBD yes yes yes 6 Subtotal - HRI 447 0 60,277 165,785,349 $ 973,363 $ 0 0 128 146 31 4 11/1/2021 Cambridge Housing Authority Homeowners Rehab, Inc. Unit Size Unit Size

Project Project Address Completion Date Project Type Housing Type Affordability Affordable Units New Units Commercial SF Total Development Cost City / CAHT Funding Committed SRO 0BR 1BR 2BR 3BR 4BR+ Broadway Park 240 Broadway 2022 new construction homeownership 80% & 100% AMI 15 15 - 8,734,838 $ 3,600,000 $ 7 4 4 Rindge Commons Phase 1 402 Rindge Ave 2022 new construction rental, mixed-use 60% AMI 24 24 38,500 30,880,000 $ 4,250,000 $ 10 14 0 52 New Street 52 New Street 2023 new construction rental 30%, 60%, 80% & 100% AMI 107 107 - 63,504,809 $ 10,650,000 $ 23 63 21 Rindge Commons Phase 2 402 Rindge Ave 2024 new construction rental 60% AMI 77 77 - 37,730,000 $ TBD 16 40 21 Subtotal - JAS 223 223 38,500 140,849,647 $ 18,500,000 $ 0 0 56 121 46 0 Owner / Project Project Address Completion Date Project Type Housing Type Affordability Affordable Units New Units Commercial SF Total Development Cost City / CAHT Funding Committed SRO 0BR 1BR 2BR 3BR 4BR+ Capstone Communities & Hope Real Estate / Frost Terrace 1791 Mass Ave. 2021 new construction rental 60% AMI 40 40 - 27,219,486 $ 10,785,358 $ 1 13 13 13 Schochet Associates / Fresh Pond Apartments 362 & 364 Rindge Avenue 2021/2022 preservation rental 50%, 80% & 95% AMI 504 0 - 32,460,812 $ 32,460,812 $ 126 336 42 Park View Cooperative 24-26 Cpl. McTernan Terrace 2023 substantial rehab coop 80% AMI 12 0 - 4,789,215 $ 4,199,215 $ 10 2 Capstone Communities & Hope Real Estate / 2072 Mass Ave 2072 Mass Ave TBD (proposed) new construction rental TBD TBD TBD - TBD 5,071,000 $ Winn Residential / Walden Square 2 Walden Square Road TBD (proposed) new construction rental 30%, 60% & 80% AMI 103 103 - TBD TBD 9 7 43 35 9 POAH & Urban Spaces / Sacred Heart Redevelopment Thorndike / Sixth / Seventh Streets TBD (proposed) adaptive re- use rental 30%, 60% & 80% AMI 46 46 - TBD TBD Subtotal - Other Affordable Housing Providers 705 189 0 64,469,513 $ 52,516,385 $ 0 10 156 394 90 9 Project Project Address Completion Date Project Type Housing Type Affordability Affordable Units New Units Commercial SF Total Development Cost City / CAHT Funding Committed SRO 0BR 1BR 2BR 3BR 4BR+ Prism 50 Rogers Street 2021 new construction rental 80% & 120% AMI 44 44 28 16 Saint James Place 1991 & 2013 Mass Ave 2021 new construction homeownership 80% AMI 5 5 1 3 1 TBD TBD Unit Size Just A Start Corporation Other Affordable Housing Providers - 100% Affordable Housing Inclusionary Housing Unit Size Unit Size

Inman Crossing 305 Webster Ave 2021 new construction homeownership 80% AMI 4 4 2 2 212 Hamsphire Street 2021 new construction rental 80% AMI 1 1 1 The Brook 95 Fawcett Street 2021 new construction rental 80% AMI 5 5 3 1 1 Flats on First Charles & Hurley Street 2021 new construction rental 80% AMI 16 16 6 6 3 1 Hanover North Cambridge 50 Cambridgepark Drive 2022 new construction rental 80% AMI 55 55 5 30 12 8 165 Main Street 2022 new construction rental 80% & 120% AMI 63 63 10 35 14 4 Cambridge Crossing Building I 2022 new construction rental 80% AMI 54 54 28 10 12 4 95-99 Elmwood Street 2022 new construction homeownership 80% AMI 4 4 1 2 1 The Laurent 55 Wheeler Street 2023 new construction rental 80% AMI 99 99 14 48 24 13 Forty Thorndike 40 Thorndike 2023 new construction rental 80% AMI 48 48 13 25 5 5 Subtotal - Inclusionary Housing 398 398 0 77 189 94 38 0 Affordable Units New Units Commercial SF Total Development Cost City / CAHT Funding Committed SRO 0BR 1BR 2BR 3BR 4BR+ TOTAL 2,814 940 103,777 1,056,812,287 $ 120,601,363 $ 0 147 1,151 935 360 37