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The Trust unanimously authorized its chair to finalize negotiations over 33 Mt. Vernon Street while also unanimously reaffirming and continuing litigation. The proposed framework would provide three deed-restricted one-bedroom units, about 700 to 750 square feet each, in exchange for $1.685 million of a required $2 million payment in lieu of affordable housing.
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No final settlement was approved, but the chair may complete negotiations and sign a proposed agreement. If the agreement is reached and the related plans are approved, the Trust and Housing Partnership Board would withdraw their court complaint; until then, litigation will continue. The Trust also began preparing a response to an Open Meeting Law complaint, due May 27.
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