Housing Headlines

WORCESTER --- The Community Builders recently celebrated the completion of a $27 million renovation of the former Crompton and Knowles Loom Works into 94 affordable apartments. Located in the Main South section of the city, the Lofts at Loomworks offers 51 one-, 40 two- and three three-bedroom apartments, with rents ranging from$984 to $1,365 per month. (Worcester Telegram).

WATERTOWN --- A new community group in Watertown is hoping that it can change history and give Watertown another chance to adopt the Community Preservation Act this year. The group, Invest in Watertown said the CPA, which was last voted down by Watertown voters in 2005, could provide an opportunity for the community to fund several recreation, preservation and housing initiatives. t

CHARLESTOWN --- Developer Corcoran-SunCal has begun discussions with the community on how to proceed in redevelop the Bunker Hill public housing development. Plans call for the developer to knocked down and replace 1,100 affordable units while adding 1,700 additional market-rate and moderate-rate units.

FALMOUTH --- Town meeting has voted in favor of allowing the town to enter into a lease agreement with Boston-based Affirmative Investments to develop 11 acres of a 21-acre parcel into 40 units of affordable housing.

A housing bill sponsored by Rep. Kevin Honan "offers a glance at what a solution to the housing crisis gripping the United States is likely to look like," writes Matthew Yglesias, who writes about economics and housing policy for Vox.com.

SOMERVILLE --- While holding off on a vote as they wait for more information, aldermen appear poised to pass an inclusionary housing ordinance that is more in line with residents’ proposal requiring 20 percent of all new residential development in the city be affordable than recommendations made by the planning board that only called for that percentage for large projects. (Somerville Journal)