3 Baylor Avenue
3 Baylor Avenue Project Overview
The Westborough Affordable Housing Trust assumed control of 3 Baylor Avenue through purchase and put out a Request for Proposal to developers to build affordable housing on the property.
The Trust invited qualified developers to submit proposals to develop an affordable home on the Property. The proposers submitted application sto the Department of Housing and Community Development (“DHCD”) to include the home as a Local Action Unit (“LAU”) under DHCD’s Local Initiative Program (“LIP”). Under LIP, the Trust will convey the Property to a developer subject to a Regulatory Agreement entered into with DHCD and the Trust. Once the home has been constructed by the developer, the developer will convey Property to a household earning no more than eighty percent (80%) of the median income of the metropolitan statistical area that includes the Property and subject to a permanent deed rider, maintaining the affordability of the Property in perpetuity. A copy of the template Regulatory Agreement, the deed rider and DHCD’s Guidelines are available upon request.
The Property consists of one single family home located at 3 Baylor Avenue, Westborough, MA, as labeled on the attached plan in the Appendix (Assessor Parcel ID: 34-92-0), and contains approximately .201 acre of land. The Town acquired the Property pursuant to a tax title taking. The Trust acquired the property from the Town by vote of the Select Board in open meeting on July 19, 2022, per the authority granted by Article 22 of the 2022 Annual Town Meeting held on March 8, 2022. For the Trust’s title, see deed recorded with the Worcester South District Registry of Deeds in Book 66552, Page 337.