HomeMy WebLinkAbout5240 1121 Route 28 B Project Eligibility Letter 03.18.26Commonwealth of Massachusetts
EXECUTIVE OFFICE OF HOUSING &
LIVABLE COMMUNITIES
Maura T. Healey, Governor ♦ Kimberley Driscoll, Lieutenant Governor ♦ Jennifer D. Maddox, Interim Secretary
March 18, 2026
Tracy Post
Board of Selectmen
Town of Yarmouth
1146 Route 28
South Yarmouth, Massachusetts 02664
Noreen Browne
Habitat for Humanity of Cape Cod, Inc.
411 Main Street, Suite 6
Yarmouth Port, Massachusetts 02675
RE: Wood Road Community Housing, Yarmouth, Massachusetts
Determination of Project Eligibility under the Local Initiative Program (LIP)
Dear Ms. Post and Ms. Browne:
I am pleased to inform you that your application for project eligibility under the Local
Initiative Program (LIP) for the proposed Wood Road Community Housing project has
been approved. This approval is based on your application that sets forth a plan for the
development of six homeownership units. The proposed sales prices of the LIP units are
generally consistent with the standards for affordable housing to be included in a
community's Chapter 40B affordable housing stock.
As part of the review process, the Executive Office of Housing and Livable Communities
(EOHLC) staff has performed an on -site inspection of the proposed project site. EOHLC
has made the following findings-
1. The proposed project appears generally eligible under the requirements of
the Local Initiative Program, subject to final program review and approval;
2. The site of the proposed project is generally appropriate for residential
development;
3. The conceptual plan is generally appropriate for the site on which the project
is located;
4. The proposed project appears financially feasible in the context of the
Yarmouth housing market;
5. The initial pro forma for the project appears financially feasible and
consistent with cost examination and limitations on profits and distributions
on the basis of estimated development costs;
100 Cambridge Street, Suite 300 • Boston, Massachusetts 02114 • 617.573.1100 • www.mass.gov
Wood Road Community Housing
Page 2
6. The project sponsor and the development team meet the general eligibility
standards of the Local Initiative Program,
7. The project sponsor has an executed Purchase and Sale agreement for the
site.
The proposed project must comply with all state and local codes not specifically exempted
by a comprehensive permit.
Please provide as with a copy of the comprehensive permit as soon as it is issued. The
EOHLC legal office will review the comprehensive permit and other project
documentation. Additional information may be requested as is deemed necessary.
Following the issuance of the comprehensive permit, the specifics of this project must be
formalized in a regulatory agreement signed by the municipality, the project developer,
and EOHLC prior to starting construction.
As stated in the application, the Wood Road Community Housing project will consist of
six units, all of which will be affordable and eligible for inclusion in the Town's subsidized
housing inventory. The affordable units will be marketed and sold to eligible households
whose annual income may not exceed 80% of area median income, adjusted for
household size, as determined by the U.S. Department of Housing and Urban
Development.
Please note that, after reviewing the request and supporting documentation submitted by
the town of Yarmouth, EOHLC has agreed to waive the requirement for an appraisal
(Comprehensive Permit Guidelines, Section IV.13.1.b).
The conditions that must be met prior to final EOHLC approval include:
1. A final affirmative fair marketing and lottery plan with related forms shall be
submitted that reflects LIP requirements including consistency with the
Comprehensive Permit Guidelines, Section lll, Affirmative Fair Housing
Marketing Plans;
2. Any changes to the application EOHLC has just reviewed and approved,
including but not limited to alterations in unit mix, sales price, development
team, unit design, site plan and financial pro forma reflecting land value,
must be approved by EOHLC;
3. The project must be organized and operated so as not to violate the state
anti -discrimination statute (M.G.L. c151 B) or the Federal Fair Housing
statute (42 U.S-C. s.3601 et seq.). No restriction on occupancy may be
imposed on the affordable unit (other than those created by state or local
100 Cambridge Street, Suite 300 • Boston, Massachusetts 02114 • 617.573.1100 • www.mass.gov
Wood Road Community Housing
Page 3
health and safety laws regulating the number of occupants in dwelling
units); and
4. The town shall submit to EOHLC the finalized details of the comprehensive
permit.
As the Wood Road Community Housing project nears completion of construction, EOHLC
staff may visit the site to ensure that the development meets program guidelines.
When the units have received certificates of occupancy, the developer must submit to
both EOHLC and the Yarmouth Select Board a project cost compilation for the
comprehensive permit project.
This letter shall expire two years from this date or on March 18, 2028, unless a
comprehensive permit has been issued.
We congratulate the town of Yarmouth and Habitat for Humanity of Cape Cod, Inc. on
your efforts to work together to increase the Town's supply of affordable housing. If you
have any questions as you proceed with the project, please contact Rieko Hayashi at
rieko.hayashi - mass.goy.
Sincerely,
d
Alana Murphy
Special Assistant
cc: Kathy Williams, Town Planner
Robert Whritenour, Town Administrator
Sean Igoe, Zoning Board of Appeals
Office of the Chief Counsel, EOHLC
Enc.
100 Cambridge Street, Suite 300 • Boston, Massachusetts 021 14 • 617.573,1 100 • www.mass.gov
RESPONSIBILITY FOR COST CERTIFICATION:
By your signature below, Habitat for Humanity of Cape Cod, Inc., acknowledges and accepts this
approval letter, including the obligation under law to provide the Executive Office of Housing and
Livable Communities and the town of Yarmouth with a project cost examination.
Signature. -
Name (print):
Date:
Upon receipt, please make a copy of this letter and return a signed copy to the Executive Office of
Housing and Livable Communities, 100 Cambridge Street, Boston, MA 02114 ATTN.— Local
Initiative Program.
Wood Road Community Housing, Yarmouth, Massachusetts
LOCAL INITIATIVE PROGRAM — COMPREHENSIVE PERMIT
Sponsor:
Project Addresses:
Habitat for Humanity of Cape Cod, Inc. 1121(B) Route 28 and Wood Road
411 Main Street, Suite 6 Yarmouth, MA 02675
Yarmouth Port, MA 02675
This project will provide ownership opportunities according to the following breakdown:
Type of Unit
# of
# of
Gross SF
Condo Fee
Maximum Sales
Units
Baths
Price
A. LIP Units
One -bedroom
2
1
784
$60
$209,200 (60%)
$252,750 (80%)
Two -bedroom
1
1
1,080
$60
$233,400 (60%)
$285,500 (80%)
Three bedroom
3
1.5
1,298
$60
$262,600 (60%)
$320,250 80%
Total LIP Units
6
B. Market Units
NIA
Total Market Units
0
6
Total Units in Project