Cutler School, Holliston Goes Affordable

By
Real Estate Agent with Vesta Real Estate Group 9052498

I spent my 1st grade year at the Cutler School, high on the hill behind Town Hall.  Years later it was transformed into apartments, and now the community will see work beginning on Cutler Heights

This project brings much needed affordable housing to Holliston.

This 3 1/2 story building will house 30 units and parking for over 50 cars, half underneath the building.  Every single unit will be affordable

This means that if your income level falls under 60% of the prevailing median income, these units are available to you. 

Three of the units are for households that fall under 30% of the median income guidelines.  Holliston residents receive preference in these types of developments.

Based solely on 2009 median income figures from MA state websites, the 60% qualifying income levels look to be:

  • 1 person household        $27,876
  • 2 person household        $36,454
  • 3 person household        $45,031
  • 4 person household        $53,608

I will follow the building of this development, which they expect will take about 12 months to complete.

Metrowest Daily News article on Cutler Heights.

Funding for the project comes from a variety of sources.   Townspeople pay into a Community Preservation Act fund in their taxes, and this is one source. 

Additional sources include $2.2 million in state funds, and most importantly, $3.9 million in federal stimulus money

Yes, that's right, Holliston is getting it's little piece of the stimulus funds.  Frankly, without the state and federal funds, this project would have been dead in the water.

Clearing Cutler Heights

Clearing Cutler Heights

Affordable housing seems to get a reaction of "not in my backyard", but this location and the great need this community has outweighs any negative points on this project. 

Cutler holds a special spot in my childhood, and I am glad to see this project moving forward!

Ed Daniels is a graduate of Cutler School 1st grade and currently is a Realtor with Re/Max Executive Realty.  His classmates can catch up with him by calling 508-341-7880 to plan our next reunion.

Posted by

Ed Daniels is on Vesta Real Estate Group of Keller Williams.  Based in Metrowest Massachusetts, the Team has served MA since 1998.  Serving the communities of Framingham, Holliston, Franklin, Milford, Natick, Ashland, Southborough, Westboro, Marlboro, Upton, Medway, Sherborn and others. 

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508-341-7880  Direct                  Ed@VestaMA.com

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Rainmaker
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Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

It is good to hear that Holliston is adding some affordable housing. All the local towns need this!

May 11, 2010 12:49 AM #1
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Rainer
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Ed Daniels

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