518 South Avenue

A local developer, working with the Hanover Company, has proposed a 200-unit rental project on 4.5 acres on the abutting parcels located at 510, 518 and 540 South Avenue.

On March 19th, the following Project Eligibility application was submitted to MassHousing, with a copy to the Town. The Application is under review by MassHousing and is anticipated to give the town a 30-day period for Town officials to submit comments about the project. Once comments are submitted, MassHousing is anticipated to issue its Project Eligibility Letter, which allows the developer to file for a Comprehensive Permit through the Zoning Board of Appeals.

The developer has presented this proposal to the Affordable Housing Trust and is anticipated to present to the Board of Selectmen (3/26), Finance Committee (3/28), and the Planning Board (4/10). Check meeting agendas of these committees to confirm discussion. 

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