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City of Watertown Community Preservation Committee Agenda Packet 2026-06-25

POAH Receives Added CPA Funds for Willow Park

$2,000,000City of WatertownPRESERVATION OF AFFORDABLE HOUSING (POAH)June 25, 2026

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

The City of Watertown awarded an additional $2,000,000 in CPA funds to Preservation of Affordable Housing (POAH) for the Willow Park redevelopment, split between pre-development and construction costs. This supplements a prior $4,000,000 encumbrance as the project advances toward a 2026 financing closing.

Contract Details

Contract Amount

$2,000,000

Vendor

PRESERVATION OF AFFORDABLE HOUSING (POAH)

Agency

City of Watertown, MA

Contract Type

OTHER

Document Date

June 25, 2026

Renewal Info

Follows an earlier $4,000,000 CPA encumbrance for Willow Park approved in February 2025, bringing total CPA support to $6,000,000 for this project.

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