Government
Town Council Moves Toward Creating Trust to Buy, Build More Affordable Housing in Watertown
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Watertown Town Hall
Watertown took a major step this week toward creating more affordable housing by starting the effort to create an affordable housing trust and looking into charging fees to new developments that would go toward affordable housing. Tuesday night, the Town Council voted unanimously to move forward with writing an ordinance that would create the Watertown Affordable Housing Trust, and would dissolve the Watertown Housing Partnership. The Council also approved a study of creating linkage fees for new commercial developments for affordable housing. The Trust would work to create and preserve housing for low- and moderate-income households. Among its powers the Trust would be able to receive properties as donations or gifts, and to buy and sell property.







