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AUSTIN STREET BNAI BRITH HOUSING Newtons Proven Nonprofit Developer Community-Focused Entrepreneurial Trusted


  1. AUSTIN STREET ��������������������������������������� B’NAI B’RITH HOUSING Newton’s Proven Nonprofit Developer Community-Focused • Entrepreneurial • Trusted

  2. AUSTIN STREET ��������������������������������������� Beautiful Newtonville � Common Ground Report� ����� ��� �� �� ���� �� �� �� � � � �� �� � ����� � ��� � ��� ��� � ��� �� �� �� �� �� � ���� � � � �� � ���� ��� � �� ��� �� � �� ��� � �� ��� �� ���� ��� ������ ��� � � �� � � � ���� ���� � �� � �� �� � � �� � ��� � � �� ����� �� � � � ���� �� �� �� ����� ����� ����� ���� � �� �� ���� �� �� �� ����� ����� ��� �� � � �� ���� ��� �� ��� � � �� ��� ���� ���� �� ���� � � ��� � � �� ��� �� � ��� ����� �� � � � ���� �� �� �� ����� ����� ����� ���� � �� �� ���� �� �� �� ����� ����� �� � � ��� � ��� �� � � � � �� ����� � � � � ���� �� �� ���� ��� ���� ����� �� � � � ���� �� �� �� ����� � ����� ���� � �� �� ���� �� �� �� ����� � ��� � ��� �� � � � � �� ��� ��� � � � � �� � ���� �� � ���� � �� � � � � � ��� ��� ����� �� � � � ���� �� �� �� ����� � ����� ���� � �� �� ���� �� �� �� ����� � ��� ��� � ����� � � � ������ � ������ ��� ���� ���� ����� �� � � � ���� �� �� �� ����� ����� ����� ���� � �� �� ���� �� �� �� ����� ����� ��� ���� � ���� �� ���� �� � ����� �� � � � ���� �� �� �� ����� � ����� ���� � �� �� ���� �� �� �� ����� � ��� �� � � � � �� �� �� ���� �� � ����� �� � � � ���� �� �� �� ����� � ����� ���� � �� �� ���� �� �� �� ����� � ��� ������ � � � ��� � ��� ��� � ��� � � ���� ���� � ��� � ��� �� ����� �� � � � ���� �� �� �� ����� ����� ����� ���� � �� �� ���� �� �� �� ����� ����� � � �

  3. AUSTIN STREET ���������������������������������������

  4. B’NAI B’RITH HOUSING ��������� � ��������� � �� � �� � ����� � ��� 33 Comm-Chestnut Hill, Newton� B’NAI B’RITH HOUSING Community-Focused • Entrepreneurial • Trusted

  5. B’NAI B’RITH HOUSING ��������� � ��������� � �� � �� � ����� � ��� 33 Comm-Chestnut Hill, Newton� B’NAI B’RITH HOUSING Community-Focused • Entrepreneurial • Trusted

  6. B’NAI B’RITH HOUSING ��������� � ��������� � �� � �� � ����� � ��� 33 Comm-Chestnut Hill, Newton� “Congratulations on a terrific project that has enhanced our neighborhood and made our city proud of what can be accomplished � when developers, neighbors and city officials work together.” --Abutter B’NAI B’RITH HOUSING Community-Focused • Entrepreneurial • Trusted

  7. B’NAI B’RITH HOUSING ��������� � ��������� � �� � �� � ����� � ��� 33 Comm—Owner’s Occupations� Librarian College Registrar PHYSICIAN Teacher Customer Service Rep. R ETIREE Development Manager School Bus Driver Sales Person Therapist Biologist Kindergarten Teacher Medical Coordinator PHARMACIST Literature Professor Spa Employee Special Education Teacher B’NAI B’RITH HOUSING Community-Focused • Entrepreneurial • Trusted

  8. B’NAI B’RITH HOUSING ��������� � ��������� � �� � �� � ����� � ��� 33 Comm—Chestnut Hill, Newton� “This housing makes a tremendous difference to working professionals like me who want to purchase a high quality condominium home in their longtime community”. � --Newton Librarian and 33Comm owner � ������������ B’NAI B’RITH HOUSING Community-Focused • Entrepreneurial • Trusted

  9. B’NAI B’RITH HOUSING ��������� � ��������� � �� � �� � ����� � ��� 33 Comm—Chestnut Hill, Newton� “For nine years, I lived on the other side of Newton in a basement apartment. This place is quite an upgrade from my former damp and dark dwelling.” --Stephanie LeFever School Teacher & Coach Newton Public Schools B’NAI B’RITH HOUSING Community-Focused • Entrepreneurial • Trusted

  10. B’NAI B’RITH HOUSING ��������� � ��������� � �� � �� � ����� � ��� “If we don’t build affordable units, young families will not be able to come here. Seniors will not be able to stay here…” --Mayor Setti Warren, City of Newton at BBH Celebration of 33Comm � ������������ B’NAI B’RITH HOUSING Community-Focused • Entrepreneurial • Trusted

  11. AUSTIN STREET ��������������������������������������� Newton’s Affordable Housing� 2,555 Affordable Housing Units* � < 2% are Homeownership Units * Subsidized Housing Inventory

  12. AUSTIN STREET ��������������������������������������� Ownership Not Rental�

  13. AUSTIN STREET ��������������������������������������� 79 Condominium Units, 30% Affordable�

  14. AUSTIN STREET ��������������������������������������� Ownership Not Rental�

  15. AUSTIN STREET ��������������������������������������� Ownership at every income level� ������ � ����� � ���� � ������ � ������� � �������� � ����� �� ���� � ������� �� ������ � Guidance Councilor Speech Pathologist Special Ed. Teacher � �������� � ����� � Senior/Retiree ���� � ������ � ������� � Reference Librarian 911 Operator School Nurse Senior/Retiree � Price varies with unit size. Based on sample 2012 City of Newton employee salaries.

  16. AUSTIN STREET ��������������������������������������� Assistant Librarian� $47,000 Annual Income� One Bedroom Unit� � � � � B'nai B'rith Plan � � Alternative Plan� Owner� Renter� � � � � Monthly Housing Expense� $1,012 � $1,213 � � � � � Assets After 5 Years� � Federal Tax Benefits $8000 � Owner’s Equity $14,000 � � Total Cash Benefit of Ownership After 5 Years� $22,000 � �

  17. AUSTIN STREET ��������������������������������������� 6750 Sq. ft. of Retail/Commercial�

  18. AUSTIN STREET ��������������������������������������� Brick Courtyard Dining�

  19. AUSTIN STREET ��������������������������������������� Open Space Plan�

  20. AUSTIN STREET ��������������������������������������� Open Space Plan�

  21. AUSTIN STREET ��������������������������������������� Green Walkways�

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