Watertown News (https://www.watertownmanews.com/tag/affordable-housing/)
An affordable rate condo in Watertown will be sold. See more information provided by the City of Watertown below. There is an affordable condo for sale at Riverbank Lofts, located at 290 Pleasant St, Unit 116, Watertown for $230,762. The Open House is Saturday, January 10, 2026, from 10:00am-1:00pm. The Condo has:
1 bedroom, 1 bathroom – approx.
A rendering of the affordable Willow Park affordable housing complex. Funding for a home for adults with special needs, to help build a 138 unit affordable housing complex, and to replace the elevator at a historic home owned by the City of Watertown were approved by the City Council Tuesday night. The three projects came recommended from the Community Preservation Committee. The funds come from the Community Preservation Act (CPA) surcharge on Watertown properties, which are to be spent in three areas: affordable housing, historic preservation, and open space/outdoor recreation. For each area, 10 percent of the funds collected go into a reserve.
Watertown’s Community Preservation Committee will see the presentations for an affordable housing redevelopment project at Willow Park, and rehabilitation of the Commander’s Mansion. See information from the City of Watertown, below. The Community Preservation Committee (CPC) is evaluating project applications and requests for Community Preservation Act (CPA) funding and applicants are presenting their projects to the Committee in the areas of historic preservation and community housing.
View the Willow Park Redevelopment request for additional funds and the original application.
View the Commander’s Mansion Building Envelope Rehabilitation and Elevation Modernization project application.
Join the presentations on Thursday, Nov. 20, 2025, at 7 p.m. in person at City Hall, 149 Main St., in the Lower Hearing Room or via Zoom.
The City of Watertown’s Draft 2026-2030 housing plan puts grim numbers on what we all see everyday. Over the last 5 years, the number of Watertown households that qualify for income-restricted Affordable housing has increased by 23 percent. Roughly 2 out every 5 Watertown households have an income low enough to qualify for Affordable Housing in Watertown, yet there isn’t nearly enough affordable housing for those who need it.
To be sure, many factors influence the cost of construction and the potential for affordable housing. Interest rates and federal trade policy play major roles, here and across the country. But we also have tools at our disposal here in Watertown. It’s time to take a hard look at the policies we do control — particularly our current zoning.
The reality is that in most places across the city, our zoning — the rules that dictate what can be built, where, and by what process — makes it impossibly difficult and expensive for new affordable housing projects to be built. In the few places where our zoning is more permissive, like in Watertown Square, along Arsenal Street, and along Pleasant Street, our policies force non-profit affordable housing developers to compete with well-funded national developers for scarce land.
Dear City Councilors,
We write to share compelling evidence that voters in our community — and across the state — are ready for bold action to make housing more affordable. Recent polling reveals that clear majorities of voters support the action needed to build more homes that people can afford, even when that choice is put up directly against protecting neighborhood character from change. In fact, when asked to choose, 71% of voters prioritized building affordable homes over preserving traditional neighborhood character.
The community acceptance of necessary change is widespread. Housing has emerged as voters’ top concern, ranking above cost of living, immigration, or taxes. And remarkably, this pro-housing sentiment crosses all demographic lines, spanning age, race, income, education, and homeownership status. These results come as Watertown considers new plans and priorities that can make a meaningful difference in housing affordability in the coming months.
One of the most pressing ways that our region’s housing shortage affects Watertown is through an acute lack of deed-restricted affordable housing. It’s quite simple: more of these units would help to keep Watertown’s working people in our city. Yet while Watertown’s inclusionary zoning policy ensures that a proportion of each market rate development’s units are set aside as affordable housing, this only chips away at the shortage. What if, instead, there was a way to build more developments that were composed of just workforce and lower income housing? As an effort to explore more expansive solutions to the affordable housing shortage, Housing for All Watertown hosted a forum on February 23rd to share more about what it will take to build these 100% affordable housing developments (click here for highlights of event).
The Watertown Housing Authority will team with Preservation of Affordable Housing to renovate the Willow Park complex. (Courtesy of the WHA)
By Mark Pickering
Watertown is again taking the lead in addressing the Massachusetts housing crisis. The city’s goal this time is to rebuild Willow Park’s public housing and add affordable units to the project. Since Watertown OK’d the development, our neighbor to the south has taken steps to add more all-affordable housing as well. The Boston Planning and Development Agency has OK’d a 63-unit all-affordable project and a 52-unit one, both in Roxbury.
The following announcement was provided by Housing for All Watertown:
Housing for All Watertown (HAW) would like to invite all to the “What Will It Take to Build 100% Affordable Housing in Watertown?” forum on Sunday, Feb. 23. The purpose is to gain an understanding of Watertown’s Affordable Housing situation and the possibilities for change. There will be presentations followed by a panel discussion of developers and planners. Panelists:
Madeline Lee, Senior Project Manager, Just A Start
Mel Miller, Project Manager, Preservation of Affordable Housing
Laura Weiner, Housing and Planning Consultant
Sara Barcan, Executive Director, HRI
The forum will be in the Watertown Savings Bank Room at the Watertown Free Public Library, 123 Main St., from 2:00 p.m. to 3:30 p.m.
To RSVP click here:https://www.eventbrite.com/e/what-will-it-take-to-build-100-affordable-housing-in-watertown-tickets-1244250961119