Other Request

Other Request

Whereas, the City of Waltham used $1,232,000 of the Affordable Housing Trust Fund to construct Banks School Housing.

Whereas, the Affordable Housing Trust Fund was created to create or maintain existing affordable housing.

Whereas, the mayor has said all the apartments at the former Banks School will be sold at market rate.

Therefor, the Economic & Community Development Committee requests the law apartment to opinion as to whether Affordable Housing Trust money can legally be used to create market rate housing.