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FISCAL YR PROJECT NAMEPROJECT MANAGER NAMECATEGORYCPA AWARDMATCHED OR LEVERAGED DOLLAR AMOUNTSOURCE OF MATCHED/LEVERAGED FUNDSTOTAL COST OF PROJECTCOULD THIS PROJECT HAVE BEEN COMPLETED WITHOUT THE CPA AWARD TO LEVERAGE ADD'L FUNDING?
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FY19348 Chestnut St / Historic and 337 Chestnut St. / Housing (In Progress)Stephen Huntley/ VOCHISTORIC$100,000$16,051,238Federal Historic, LIHTC Equity 7,336,804
State LIHTC Equity 1,806,200
State Historic Equity 1,242,000
VOC 380,734
Affordable Housing Trust Fund 1,000,000
Housing Stabilization Fund 750,000
Housing Investment Fund 750,000
State HOME Funds 1,785,500
Permanent Debt (Mortgage) 1,000,000
$16,151,238No, in order for our application for the resources to be considered it required local support, the CPA resource qualified for that.
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FY21Anniversary Hill Park Phase I: AcquisitionYoni GlogowerOPEN SPACE$175,000$150,000Land and Water Conservation Fund$325,000This project would have been impossible without CPA funding
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FY22
Anniversary Hill Park Phase II: Design, Survey, and Permitting
Yoni GlogowerOPEN SPACE$30,000$620,000MassTrails, Land and Water Conservation Fund$1,615,000This project would have been impossible without CPA funding
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FY19City Hall Stained Glass Windows PIKris BakerHISTORIC$75,000$55,000Massachusetts Preservation Projects Fund$130,000No
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FY20City Hall Stained Glass Windows PIIKris BakerHISTORIC$50,000$50,000Massachusetts Preservation Projects Fund$100,000No
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FY21City Hall Stained Glass Windows PIIIKris BakerHISTORIC$80,000$61,500Massachusetts Preservation Projects Fund$141,500No
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FY22City Hall Stained Glass Windows PIVKris BakerHISTORIC$80,000$75,000Massachusetts Preservation Projects Fund$155,000No
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FY20; FY22Lady LibertyRobert Peirent/ Michael FalcettiHISTORIC$100,000$61,000Dept of Veterans' Services, Peoples Bank, ESB$161,000Yes
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FY21-23Wistariahurst Museum Megan SeilorHISTORIC $278,000125,000MCC Capital Facilities Fund, CDBG403,000No
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FY21-22Affordable Housing Jackson StreetAimee GirouxHOUSING$120,000$674,000HHA, City of Holyoke CDBG & ARPA, GSHabitat - corp & individual sponsors$794,000No
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FY21
Way Finders - LC2 (In Progress) now called "Essex Village"
Geoffrey Person/Ben Merker/HOUSING$250,000$24,647,552
Applied for funding in Jan. 2023 to fill a gap in funding that came about due to the economic environment. We are still waiting to hear about the majority of funds and if they will be rewarded after being conditionally awarded in 2022.
Perm Mortgage: $1,825,000 - Per letters of interest
Federal LIHTC: $9,200,000 - Conditionally awarded in 2022; reapplied and waiting to hear on updated award
State LIHTC: $4,100,000 - Conditionally awarded in 2022; reapplied and waiting to hear on updated award
State HOME: $825,000 - Conditionally awarded in 2022; reapplied and waiting to hear on updated award
FCF-DMH: $750,000 - Conditionally awarded in 2022; reapplied and waiting to hear on updated award
AHTF: $1,000,000 - Conditionally awarded in 2022; reapplied and waiting to hear on updated award
HSF: $1,200,000 - Conditionally awarded in 2022; reapplied and waiting to hear on updated award
HIF: $1,200,000 - Conditionally awarded in 2022; reapplied and waiting to hear on updated award
City HOME: $400,000 - Awarded $250,000 in 2020 and an additional $150,000 in August 2021
City/Town CPA: $250,000 - Awarded in Jan. 2021
Deferred Developer Fee: $297,552 - Way Finders will loan the development funds and get re-paid later in the development operations
Other: Mass Dev UPP Funds: $900,000 - Awarded in 2022
Other: AAHG: $100,000 - Conditionally awarded after Sept. 2021 funding round; reapplied and waiting to hear on updated award
Other: DHCD ARPA: $2,850,000 - Waiting to hear on an award
Total Sources: $24,897,552
$24,897,552No
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FY21Girls Inc. of the ValleySuzanne ParkerHISTORIC$102,000
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FY19-23STATE MATCH$844,319.00SEE 2ND TAB FOR DETAILS BY FYN/AN/A
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TOTALS$1,238,000$43,414,609.00
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