Putnam Square Apartments, Cambridge: Anatomy of a Preservation Deal
Anatomy of a Preservation Deal, August 2016
By: Mark Treskon, Sara McTarnaghan, Urban Institute
https://web.archive.org/web/20171120195336/http://www.urban.org/sites/default/files/preservation-cambridge.pdf
Report a broken linkAffordable Housing Programs | Housing Supply Planning
This case study shows how the state of Massachusetts’s 40T statute helped preserve an affordable housing development that serves seniors and disabled residents in Cambridge. It highlights how the state’s statute slowed down the process to give the city and a local nonprofit housing developer time to acquire the funds necessary to take over the building.
Cambridge, MA
2010 Population: 105,162
2010 Population Density: 16,470.16/square mile