Newburyport Landing, formerly known as the Towle Redevelopment Project, includes construction of 15 residential condominium ownership units; 2 of which are affordable units. In addition to preserving and renovating the historic structures on site, the developer will also be providing a view corridor and public sidewalk from Merrimac Street to the river, and constructing public restroom facilities at the adjacent Cashman Park. The affordable units are numbered 1 (2 bedrooms, 1.5 baths) and 5 (3-bedrooms, 2.5 baths). The units will be sold to a qualifying first time homebuyers with income at or below 80% of the area median income as a Local Action Unit under the Department of Housing and Community Development (DHCD) Local Initiative Program. The prices will be $194,800 for the 2-bedroom unit, and $217,000 for the 3-bedroom unit in accordance with the DHCD calculator and guidelines using current parameters including a $13.39 property tax rate (FY 2016), and insurance of $4/$1000. Information session January 4, 2017 and Lottery January 27, 2017; both held 7 pm at Newburyport City Hall, 60 Pleasant St., Newburyport. Marketing and resident selection shall be in accordance with and adhere to all state fair housing laws. The developer and its representatives do not discriminate based on race, color, disability, religion, sex, familial status, sexual orientation, national origin, genetic information, ancestry, children, marital status, or public assistance recipiency. Persons with disabilities are entitled to request a reasonable accommodation of rules, policies, practices, or services, or to request a reasonable modification of the housing, when such accommodations or modifications are necessary to afford the persons with disabilities equal opportunity to use and enjoy the housing.
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