Watertown Considers CPA Funding for Metro West Housing

The Watertown Community Preservation Committee is considering up to $6 million in CPA funding for Metro West CD Collaborative Development's 108 Water Street affordable housing project. The proposed development would create approximately 49 perpetually affordable units, with construction anticipated to begin in 2029 and finish in 2031.

Document date · October 14, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$6,000,000 requested; revised budget identifies $5,400,000 in Watertown CPC funding and $6,150,000 from the City of Watertown

Contract type

OTHER

Contract term

Planned acquisition and construction project; financial closing and construction anticipated in 2029, with completion in 2031

Renewal date

2031-12-31

Renewal

Site-control due-diligence and option period expires in January 2027; project financing and construction remain subject to CPC approval and state funding.

Document type

AgendaPacket

Source document

City of Watertown AgendaPacket Community Preservation Committee Meeting 2026-10-15

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Watertown?

Metro West Cd Collaborative Development was awarded this government contract by City of Watertown, as recorded on October 14, 2026. The contract value is $6,000,000 requested; revised budget identifies $5,400,000 in Watertown CPC funding and $6,150,000 from the City of Watertown.

How much is the Metro West Cd Collaborative Development contract with City of Watertown worth?

The Metro West Cd Collaborative Development contract with City of Watertown is valued at $6,000,000 requested; revised budget identifies $5,400,000 in Watertown CPC funding and $6,150,000 from the City of Watertown.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Watertown AgendaPacket Community Preservation Committee Meeting 2026-10-15 (AgendaPacket), dated October 14, 2026 from City of Watertown. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Metro West Cd Collaborative Development hold?

Metro West Cd Collaborative Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Metro West Cd Collaborative Development's profile

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