Housing Trust Awards $150,000 to Metro West for Affordable Housing
Watertown Affordable Housing Trust approved $150,000 in funding for Metro West Collaborative Development to acquire and conduct due diligence on a 49-unit affordable housing project at 108 Water Street.
City Council · Meeting of July 21, 2026
Watertown Affordable Housing Trust approved $150,000 in funding for Metro West Collaborative Development to acquire and conduct due diligence on a 49-unit affordable housing project at 108 Water Street. Chair Cliff Cook and Trustees David Leon, Helen Oliver, Jill Hyde, Leo Patterson, and George Proakis voted unanimously on July 21 to fund 79 percent of deposits and pre-development costs, with Metro West contributing the remaining $40,000 of approximately $190,000 needed. The property, which received a special permit in December 2025, would be developed as 100 percent affordable housing with a majority of units at or below 60 percent of area median income.
Acquisition and closing are expected December 2026 or January 2027.
In the full story:
- The complete report — 390 words
Source: the City Council meeting of July 21, 2026, compiled from the official minutes.
Checked against the official minutes.
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