Tim McHale - "Harvard has moral and ethical complicity in this. I want them to come back to the table for more land. You just can't shoehorn this in and expect us to be happy."
Paul Berkeley - "It's essentially much higher density, much closer to the neighborhood. The height of the buildings and density are twice as much as what zoning allows."
Dave McNair - "With this project, we will have 500 low-income units just along Everett Street. There will be two separate areas, low-income and Harvard."
Ray Mellone - "It's a good idea to move Charlesview. I'm just not sure this is the best way to handle it."
The developer, "Community Builders, Inc", basically admits that the shortcomings of the project are a result of their failure to negotiate a better agreement with Harvard and a failure to find the financing needed to make a first-rate project. I don't know how they plan to finance the project, and I don't think all the money needs to or should come from Harvard.
On their own website, the Community Builders state proudly that for their Tent City project in South Boston they "secured funding from more than fourteen sources, including tax credit equity investors and the innovative use of an Urban Development Action Grant repayment loan that guaranteed $30 million over 30 years would flow from nearby Copley Place into Tent City." From how many sources have they secured funding for Charlesview?
Or here are two examples from projects in Connecticut:
- a $26 million Federal HOPE VI grant was used to leverage an additional $80 million in state, local and private funds for the Southwood Square project
- a $20 million Federal HOPE VI grant, plus $70 million in state, local and private funds was used to rebuild and expand the Fairfield Court complex
Where there's a will, there's a way.