Reviving Chester Commons
We sat down with Housing Director Paul Lischetti to learn more about the recent addition of the Chester Commons Building to our Housing program.
How did we come across the Chester building? Chester Commons is the former Chester High School building. It was converted to affordable housing for people over the age of 55 or who have disabilities in 1987. The Chester Library (the Hamilton Memorial Library) and the town's mineral museum are also located in the building. We had heard that the previous owner of the building was interested in retiring.
Why did we decide to purchase the building? Hilltown CDC wanted to make sure that if the building was sold, it would continue to serve the community as affordable housing.
What funding sources/agencies helped in purchasing the building? We obtained two loans from the Community Economic Development Assistance Corporation (CEDAC), a Boston-based agency that provides loans and technical assistance for affordable housing work. One loan was to purchase the building. The other loan is used to pay for pre-development expenses including an appraisal, architecture and engineering, legal expenses, and environmental compliance.
What are some of the challenges of managing this new property? The building is in need of improvements including replacement of the flat roof and repairs to the sloping slate roof, brick and masonry repairs, window repairs and replacements, a new boiler and other energy conservation improvements, and handicapped accessibility improvements to meet current standards. We are also interested in adding an elevator if adequate funding can be identified, to improve access to the second and third floors for the building's elderly and disabled residents. Chester Commons is a contributing structure to the Chester Factory Village National Register Historic District and historic features of the building must be preserved as improvements are made.
What are our future renovation plans? Hilltown CDC has received funding awards from the Federal Home Loan Bank of Boston and the State Historic Tax Credit program. Federal Historic Tax Credits are also being applied for. We have also submitted an application for funding from the Commonwealth of Massachusetts for the needed improvements. The process of applying for funds is competitive and usually takes more than a year to complete. Once funding has been lined up, the work can proceed.
For additional questions related to this project, please contact Paul Lischetti at paull@hilltowncc.org. To apply for housing in the Chester Commons or any other HCDC property, please contact Kristepher Severy at kristephers@hilltowncdc.org
Equal Housing Opportunity