Boston Redevelopment Authority.
Campus high property data online
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-
6Ll
~
19
$90 and over
13
306
13
Ll28
1*2
2
280
306
-
173
80
-
82
3. STAMDARD SALES
HOUSING
15
213
7
230
2
101
53
total2Il
w
u
a
o.
w
w
<
Under $5,000
£5
O
m O
0) f-
-
10
-
11
-
5
-,
3
$5,000 - $5,999
•H X$
•H ,Q
-
5
-
6
-
2
_
1
$6,000 - $5,999
-
6
-
6
-
3
-
1
$7,000 - '$7,999
CO
bl
i
-
6
-
7
-
3
_
2
$8,000 - $8,999
<D -H
3 -H
-
6
-
6
-
3
-
1
$9,000 - $9,999
H p
O O
,
-
9
-
9
-
k
"
2
$10,000 - $11,999
7
18
2
20
-
9
-
5
$12,000 and over
-
8
153
5
165
2
72
-
38
InclLides Federal Rent Supplement Units
c
Pae
9 B of B
r:
HUD-6122
( 1-66)
PROJECT NAME
Campus High School
PROJECT NUMBER
Mass .
R-
VII. ESTIMATED REHOUSING REQUIREMENTS AMD AVAILABILITY— Continued
B. NUMBER OF UNITS REQUIRED AND EXPECTED TO EE AVAILABLE DURING DISPLACEMENT PERIOD TO NONWHITE FAMILIES
TYPE OF HOUSING
267
1 BEDROOM
2 BEDROOMS
3 BEDROOMS
U BEDROOMS
5 OR MORE BEDROOMS
RE-
QUIRED
TO BE
AVAILABLE
RE-
QUIRED
TO BE
AVAILABLE
RE-
QUIRED
TO BE
AVAILABLE
RE-
QUIRED
TO BE
AVAILABLE
RE-
QUIRED
TO BE
AVAILABLE
EXIST-
ING
NEW
EXIST-
ING
NEW
EXIST-
ING
NEW
EXIST-
ING
NEW
EXIST-
ING
NEW
1. PUBLIC H0USi:!G]c£
57
61+6
906
35
9Il9
58
15
623
178
15
166
262
7
k3
306
a. Federally
aided
b. Stato or
locally aldad
9
166
8
659
3
^53
2
76
19
2. STANDARD PRIVATE
REHTAL HOUSlMG
51
1065
7U
32
Q230
126
2
636
306
il-
316
80
121
TOTAL 89
â–ºJ
<
H
U
;-
~i
s
00
«
Undor $40
-
70
-
17
-
3
-
1
-
-
$40 - $49
-
113
-
75
-
13
-
3
-
1
S50 - $59
-
116
-
123
-
39
-
11
-
3
S60 - £69
8
1Ll8
-
175
-
67
-
22
-
6
570 - $79
8
179
kk
-
200
-
101
-
kz
-
10
380 - $89
15
133
30
15
212
81l
-
133
-
61±
-
19
$90 and over
20
306
17
Ii28
lj-2
2
280
306
k
173
80
-
82
3. STAHDARD SALES
HOUSING
11
213
12
230
1
101
3
53
TOTAL 27
u
u
►-«
03
P.
to
3'
<
CO
i
Undor $5,000
W O
-
10
-
11
-
5
-
3
$5,000 - $5,999
•H T3
H <D
•h .a
-
5
-
6
-
2
-
1
SG.000 - SS.999
8 <D
-
6
-
6
-
3
-
1
$7,000 - $7,999
-
6
-
7
-
3
-
2
$8,000 - $8,999
-rH
3 -H
-
6
-
6
-
3
-
1
$9,000 - $9,999
rH P
O CJ 1
-
9
-
9
-
k
-
2
$10,000 - $11,999
6
18
3
20
-
9
-
5
$12,000 and ovor
5
153
9
165
1
72
3
38
Includes Federal Rent Supplement Units.
&
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA / RELOCATION DATA
BOSTON REDEVELOPMENT AUTHORITY
ELIGIBILITY FOR PUBLIC HOUSING AND ASSIGNMENT
Families
White
Non-White
Individuals
White
Non-White
Households
White
Non-White
TOTAL
ELIGIBLE
ASSIGNED
299
213
137
91
208
53
160
26
111
85
26
59
Ilk}*
(ko)*
58
18
ko
384
117
267
2 ®
200
195
kk
151
^-Individuals eligible for Public Housing for the Elderly;
included in total eligibility
ASSIGNMENT TO PUBLIC, PRIVATE AND SALES
Households
White
Non-White
PUBLIC
195
kk
151
PRIVATE
138
h9
SALES
51
2k '
27
TOTAL
38^
117
267
J
f
s.
BOSTON REDEVELOPMENT AUTHORITY/CAMPUS HIGH SCHOOL
URBAN RENEWAL AREA/RE LOCATION BACK-UP DATA
HOUSING RESOURCES AVAILABLE TO FAMILIES AND INDIVIDUALS TO BE
RELOCATED
I. Public Housing
A. Regular Public Housing will be available on a priority basis.
In 1965 there was a turnover of 1/950 units in both family
and elderly projects.
B. Rent Supplement Program
Under recent federal legislation authorizing the Boston
Housing Authority to supplement the rents of families eli-
gible for housing assistance/ the following units in new
221(d)(3) developments in Washington Park will be utilized:
Charlame II - 100% or 38 units
Twelfth Baptist - 100% qx 54 units
Warren Gardens - 20% or 46 units
St. Joseph's - 37% or 52 units
Total - 190 units
C. Leasing Program
Under the City Council's recent authorization of 1/000 units
of "instant housing"/ the BHA plans to lease apartments in
both new and existing buildings for families eligible for
housing assistance. The authorization allows for:
- 400 one- and two-bedroom units for the elderly.
- 600 three-/ four-, five-, and six-bedrcom family units.
D. Housing for the Elderly
The Boston Housing Authority plans to start construction on
seven new developments of elderly housing during 1966/ which
will provide a total of 520 units.
II. Private Rental Housing
A. 221(d)(3) Moderate-Income Private Housing
A total of 776 units of new housing in Washington Park is
expected to be completed by the end of 1968 and will be
I
"L
available to families relocated from the Campus High School
Urban Renewal Area. (Include 190 Rent Supplemented Units)
B. Existing Standard Private Rental Units
Recent analysis indicates that the annual turnover of stan-
dard rental units is estimated at over 33,000 units.
III. Private Sales Housing
A. Existing Standard Private Sales Housing
Analysis of standard housing turnover in Boston during 1965
indicates an annual turnover in excess of 3,000 units.
B. New Sales Unite.
A total of 15 new homes in Washington Park, costing be-
tween $15,000 (2 bedrooms) and $16,000 (3 bedrooms) are
expected to be completed by July, 1967 and will be available
to potential buyers from the Campus High Urban Renewal Area.
Summary (2 year relocation period 1967 - 1968)
I. Public Housing 5, 610
A. Annual Turnover (1,950/yr) 3,900
B. Rent Supplementation Program 190
C. Leasing Program 1,000
D. Housing for the Elderly (new) 520
II . Private Rental Housing 66, 776
A. New 221(d) (3)-Moderate income 776
B. Annual turnover (+33,000/yr) 66,000
III. Private Sales Housing 6, 015
A. Annual turnover (3,000/yr) 6,000
B. New sales units 15
-2-
(.
7 Nov. 1966
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA/ RELOCATION DATA
RELOCATION RESOURCES IN WASHINGTON PARK AREA EXPECTED TO BE
AVAILABLE DURING 1967 & 1968
EXPECTED TOTAL DISTRIBUTION BY BEDROOM
PROJECT STATUS COMPLETION UNITS SIZE
12 3 4 5
/)
Charlame II Under Oct. '67 38 8 14 16
constr. (38) - (8) (14) (16)
Twelfth - . In plan- Dec. '67 54 12 24 12 6
Baptist ning (54) (12) (24) (12) (6)
St. Joseph's In plan- April "68 140 16 42 48 28 6
ning (52) - - (18) (28) (6)
Warren In plan- April '68 228 36 - 180 12
Gardens ning (46) (34) (12)
Academy II Under June '67 316 22 -84 130 80
constr .
Total 776 86 158 384 142 6
(Rent Supplementation Units) ( 19 °) < 12 ) ( 32 > ( 78 ) < 62 ) < 6 )
EXPECTED TOTAL BEDROOM DISTRIBUTION
PROJECT : 'â– - COMPLETION COST UNITS Eff 1 2 3
Phalanx (Sales) Dec. '67 $15,000 15 11 4
16,000
BHA Elderly Towers
Flausburgh June "68 104 16 83 5
Richmond &
Goldberg Dec. '68 167 21 140 6
*
ANTICIPATED RENTALS
BROJECT
Char lame II
Twelfth Baptist
St. Joseph's
(Rent Supplemented)
Warren Gardens
Academy II
NUMBER OF BEDROOM'S
1 2 3 4
$145 $155 $165
N.A. $99 $109 $119
$86 $97 $112
(25% of income)
( not available)
$75 $85 $95 $110
Co-op housing, initial downpayment of $150,
c
7 Nov. 1966
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA/RE LOCATION DATA
RELOCATION RESOURCES IN CASTLE SQUARE AND SOUTH END EXPECTED TO
BE AVAILABLE IN 1967 AND 1968
CASTLE SQUARE
1. 221 (d)(3)? 500 Units (50 leased to BhA)
Occupancy: Nov. 1966 - Feb. 1967
Rentals :
(a) Elevator units 1 bedroom $88-98
2 bedrooms $98-108
(b) Garden apts. 2 bedrooms $97
3 bedrooms $107
4 bedrooms $117-132
2. Housing for the Elderly: 100 Units
Occupancy: c. Sept. 1967
SOUTH END
1. 221 (d)(3): 350 Units (including 100 leased to BhA and/
or rent supplementation)
Rentals: Same as or below those of Castle
Square, (c. $75 - 115
Location: Camden, Lenox and Hammond Streets
(Sites #21,22,23)
2. Public Housing: 85 family units
360 elderly units
•^■Relocation resources in the South End are for the South End pro-
jects' own relocation needs and are not to be considered as a
citywide source.
L
â– "**?
*»
7 Nov. 1966
CAMPUS HIGH SCHOOL URBAN RENEWAL A REA/RE LOCATION DATA
gUMMARY OF CONCURRENT RELOCATION REQUIREMENTS AND ANTICIPATED
RESOURCES 1967 - 1968
ESTIMATED REQUIREMENTS
ESTIMATED RESOURCES
PUBLIC HOUSING
Total Urban Renewal
DPW Displacement
Total Gov't Actions
788
350
1,138
PUBLIC HOUSING
Annual Turnover 1,950/yr
New Elderly 520
Leased Private 1,000
Rent Supplementation 190
Total (2 years) 5.610
PRIVATE RENTAL
Total Urban Renewal 1,570
DPW Displacement 500
Total Gov't Actions 2,070
PRIVATE RENTAL
. ^Annual Turnover
New 221 (d) (3)
Total (2years)
33,684/yr
2,826
69,194
PRIVATE SALES
Total Urban Renewal
DPW Displacement
Total Gov't Actions
PRIVATE SALES
306 Annual Turnover 3, 000-3, 700/yr
200
506 Total (2 years) 6,000-7,400
<?
7 Nov. 1966
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA/RELOCATION DATA
CONCURRENT RELOCATION AND ANTICIPATED NEW HOUSING RESOURCES
1967 - 1968 BY PROJECT
PROJECT
.1967 -
Washington Park
South Cove
430
South End
950
Charles town
250
Fenway
250
Campus High
384
Castle Square
-
1967-1968
ESTIMATED NEW CONSTRUCTION
ESTIMATED RELOCATION 221 (d) (3) PUBLIC HOUSING
58 FAMILY ELDERLY
776
200
350 2
600
400
500 3
85
100
360
100
100
Inner Belt &
S.W. Expressway
Totals
1,050
3,314
2,826
85*
(3,571)
660
Includes 190 units rent supplementation.
Includes 100 units rent supplementation and/or leased to BHA.
3 Includes 50 units leased to BHA.
4 Estimated by Project Staffs; Relocation estimates 520 units for
elderly only, under Annual Contributions Contract.
9 Nov. 1966
* I
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA/ RELOCATION DATA
CONCURRENT REQUIREMENTS FOR PUBLIC HOUSING AND ANTICIPATED RESOURCES -
1967 - 196«
BEDROOM REQUIREMENTS
PROJECT
1
2
k
5
TOTAL
South Cove
90
11
2
112
South End
119
36
35
10
13
213
Char lest own
20
26
12
5
2
65
Fenway
152
36
13
2
-
203
Campus High
93
55
23
17
7
195
Total Units
Required
Urban Renewal
klk
16U
92
36
22
788
DPW Displacement
350
-»
Total Units Required
All Governmental
Actions
ANTICIPATED RESOURCES:
1,138
Annual Turnover (@ 1,950/year)
New Elderly Units
Leased Private Housing
Rent Supplementation Program
Total Public Housing Resources
3,900
520
1,000
190
5, 610
<
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA/RELOCATION DATA
SPECIFIC DATA ON EXISTING 221 (d) (3) PROJECTS IN WASHINGTON PARK
PROJECT
TOTAL
UNITS
1
NUMBER OF
2
UNITS BY BEDROOM
RENTALS
3 4
SIZE
5
Marksdale I
82
42
$85
28
$95
12
$105
Marksdale II
84
44
$88
28
$98
12
$108
Marksdale III
12
8
$88
2
$98
2
$108
Char lame I
92
24
$88
44
$98
24
$109
Academy I
202
22
$75
38
$90
84
$105
$109
42
$120
$136
16
$147
Totals 472
Maximum Income Tenets
2 persons
3 or 4 persons
5 or 6 persons
7 or mare persons
22
156
Marksdale
186
Char lame
92
16
Academy
$7,700
$8,850
$10,000
$6,100
$7,200
$8,300
$9,350
$6,655
$7,700
$8,850
$10,000
-A
< <
§
BOSTON REDEVELOPMENT AUTHOR I TY/CAMPUS HIGH SCHOOL
URBAN RENEWAL AREA/INFORMATION CENTER BACK-UP DATA/
RELOCATION PAYMENT SCHEDULE FOR DPW TAKINGS/
The Commonwealth, through the Department'- of Public Works, will
pay the moving costs of persons r^looated as a result of Inner
Belt and Southwest Expressway land takings at the following rate: (
Residential Units '♦-,
Full Kitchen
s^»o
• Stove
IS
Refrigerator
Outside T.V. Antenna
10
Each Additional Room
20
Maximum Payment
200
Businesses
Maximum Payment $3,000
For any details contact William o'Ma-Tjley of the Authority staff.
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1966 POPULATION CHARACTERISTICS SUMMARY
I.
II.
Campus Hi
gh Project .
irea
TOTAL POPULATION
3,03U
White
Non-White
8JU3
2,191
(27.8$)
(72.2$)
FAMILY COMPOSITION
TOTAL
WHITE
NON-WHITE
NO.
i
NO.
t
Families
ersons in Families
Individuals
7U7
2,866
168
233
787
56
(31.2:)
(27.5)
(33.U)
5H+
2,079
112
(68.8)
(72.5)
(66.6)
Population Characteristics
I.
II.
Total Population
Campus High
Project Area
No.
7,4ll
7,709
4,248
3,034
Change
298
-3,461
-l,2l4
% Change
1940
1950
I960
1966 (est)
( 4.0)
(-44.9)
(-28.6)
Change 1940-1966 -4,377 (-59.1$)
Racial Composition
White Non -White
No. ($>) Change Change flo. {%) Change Change
1940 4,381 (59-1) 3,030 (40.8)
1950 3,823 (49.6) -558 (-12.7) 3,886 (50.4) 856 ( 28.2)
i960 1,531 (36.0) -2,292 (-59-9) 2,717 (64.0) -313 (-10.3)
1966(est) 843 (27.8) -688 (-44.9) 2,191 (72.2) -526 (-19.4)
Change 1940-1966 Whits : -3,538 (-80.8$)
Jfcr-i -White: - 859 (-27.7$)
III. Family Composition (7.966)
Total
White
Non -White
Total Population
:\-.034
843
2,191
Families
747
233
514
Persons in Families
2,866
787
2,079
Individuals
168
56
112
Population Characteristics
I.
Early Land Acquisition Area
Total Population
Year
No.
Change
% Change
19h0
1950
I960
1966 (est.)
U,6U2
5>130
2,213
1,162
U88
-2,917
-1,051
( 10.5)
(-56.8)
(-4*7.5)
Change 19U0-1966 -3,1*80 (-75.0$)
II. Racial Composition
Year White Non-White
No. {%) Change % Change No. (%) Change % Chang.
19h0 2,376 (51.1) 2,266 (U8.8)
1950 2,136 (hi. 6) -2U0 (-10.1) 2,99U (58. h) 728 ( 32.1)
I960 686 (31.0) -l,U50 (-67.8) 1,527 (69.0) -1,1*67 (-1*8.9)
1966 (est.) 30h (26.2) -382 (-55.7) 858 (73.8) -669 (-1*3.8)
Change 191*0-1966 White : -2,072 (-87.2$)
Non-White: -1,1*08 (-62.1$)
III.
Family Composition
(1966)
Total
White
Non-White
Total Population
1,162
30U
858
Families
299
91
208
Persons in Families
1,077
278
799
Individuals
85
26
$9
ID
I.
II.
1966 POPULATION CHARACTERISTICS SUMMARY
Earlv Land Acquisition Area
TOTAL POPULATION
I
White
Non-White
FAMILY COMPOSITION
Families
Persons in Families
Individuals
304
858
TOTAL
1,162
(26.2%)
(73.8%)
WHITE
NO %
NON WHITE
NO %
299 91 (30.4) 208 (69.6)
1,077 278 (25.8) 799 (74.2)
85 26 (30.6) 59 (69.4)
III. CHILDREN IN FAMILIES
Children
1 child
2 children
3 children
4 children
5 children
6 children
7 children
8 or more children
ALL FAMILIES
%
37
19
20
9
2
3
4
3
3
IV. HOUSING DATA
Average Size of
Households - Persons
Average Size of
Rental Unit - Rooms
Average Contract Rent
All Households
3.1
4.7
$45.
White Non-White
2.5 3.3
4.6
$41.
4.8
$46.
1
"
i r
AGE DATA
A. AVERAGE AGE, HEAD OF HOUSEHOLD
All Households
Families
Individuals
Families and
Individuals
B. AGE DISTRIBUTION
Age Group
0-4 Years
5-17
18 - 24 "
25 - 64 "
65 and over
48.9
64.3
52.6
Total
%
12.4
27.0
11.9
35.6
13.0
White Non -White
56.3
68.8
60.7
Total % 99.9
COMPARISON WITH CITY OF BOSTON
99.9
43.9
62.4
48.0
White Non -White
%
4.0
%
15.3
14.5
31.4
15.3
10.8
42.7
33.1
23.4
9.3
99.9
All Households
Age Group
0-4 Years
5-17 "
18 - 24 "
25 - 64 "
65 and over
Total %
Campus High
%
12.4
27.0
11.9
35.6
13.0
99.9
City of Boston
%
9.5
19.2
11.1
47.9
12.3
100.0
-2-
'
( £
VI. INCOME AND EMPLOYMENT DATA
A. ANNUAL INCOME
Income
Under
$ 1,000 -
2,000 -
3,000 -
4,000 -
5*000 -
6,000 -
7,000 -
8,000 -
9,000 -
10,000 -
I5,000and
Total
$1,000
1,999
2,999
3,999
4,999
5,999
6,999
7,999
8,999
9,999
14,999
over
All
Households
%
1.3
22.9
20.9
20.3
9.2
11.7
6.5
1.3
.7
3.9
1.3
100.0
Average Income $3,992*88
Median $3,209.40
B. SOURCES OF INCOME
Households
%
Salary or Wages
48.1
Welfare or Pension
Payments
41.1
Wages and Partial
Welfare or Pension
Support
9.5
Unemployed and no
Welfare Assistance
1.3
White
Non -White
Households
Households
/o
1.9
22.4
23.1
20.4
21.2
16.3
22.1
8.2
9.6
10.2
12.4
8.2
5.8
2.0
1.0
2.0
8.2
1.9
2.0
1.0
99.9 100.0
$4,779.12 $3,620.28
$3,307.20 $3,180.00
Total
100.0
White
Non-White
Households
%
Households
°/o
36.0
53.7
48.0
38.0
14.0
7.4
2.0
0.9
100.0
100.0
-3-
c.
SOURCES. OF WELFARE AND PENSION INCOME
All
Households
White
Households
Non -White
Households
Aid to Families of
Dependent Children
Old Age Assistance
Disability Assistance
General Relief
Veteran's Administration
Social Security
Pension
Rent
D. TYPE OF EMPLOYMENT
16.5
8.0
20.0
10.1
12.0
9.3
8.2
10.0
7.4
1.9
0.0
2.8
3.8
10.0
0.9
18.4
32.0
12.0
5.0
10.0
2.8
5.7
8.0
All
4.6
Households
%
Service Workers
25
Operatives
24
Craftsmen
22
Laborers
9
Pvt. Household
workers
9
Managers/Proprietors
5
Professional/Technical
3
Clerical
3
Sales
1
Households may fall into more than one of these categories,
-4-
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA / PROJECT DATA / TOTAL POPULATION
AND DISPLACEMENT
I. TOTAL SURVEY AND PUNNING AREA
Number of Persons
Persons in Families
Individuals
Number of Households
Families
Individuals
Number of Businesses
White
Non-White
2,191
2,079
112
Total
8ii3
787
56
3,03k
2,866
168
289
233
56
626
51U
112
915
?U7
168
281;
II. EARLY LAND ACQUISITION AREA (BRA Displacement)
Number of Persons
Persons in Families
Individuals
Number of Households
Families
Individuals
ite
Non-White
Total
30U
278
26
858
799
S9
1,162
1,077
85
117
91
26
267
208
$9
38U
299
85
Number of Businesses
III. HIGHWAY AREA (DPW Displacement)
Number of Persons
Persons in Families
Individuals
Number of Households
Families
Individuals
White
Non-White
390
Total
88
1*78
83
378
l*6l
5
12
17
33
112
11*5
28
100
128
5
12
17
Number of Businesses
137
page 1 of 2
*1 CAMPUS HIGH SCHOOL URBAN RENEWAL AREA / PROJECT DATA / TOTAL POPULATION
AND DISPLACEMENT
IV. STUDY AND PUNNING AREA
Number of Persons
Persons in Families
Individuals
Number of Households
Families
Individuals
White
Non -White
Total
126
25
9h3
902
la
1,391*
1,328
66
139
11U
25
21+7
206
ill
386
320
66
Number of Businesses — - 61
page 2 of 2
^
V
G
C
C
Lodging Houses
Campus
Hi
gh School Project Area
License
Number
Number
Rooms
LICENSED
Address
Operator
/Owner
Number
Residents
3 Dudley Street
Jessie Zwicker
Eva Spinney
01OU
11
11
5 Dudley Street
Eva Spinney
5105
11
11
38 Dudley Street
John J. Mar and
Mary Mar an do
U976
8
—
55 Dudley Street
Eustace A. Patterson
5870
7
10
69 Bar tie tt Street
John J. Walsh
5011
5
5
71 Bartlett Street
John J. Walsh
John J. Walsh
5012
9
9
25 Putnam Street
Edward Love
Albert Trust
5078
13
18
VACANT (License not
Address
renewed)
Operator
/Owner
License
Number
Number
Rooms
Number
Residents
2399-2U01 Washington Street Saul Weinstein
66
N.B.: None to be acquired under Early Land,
o
S.B.A. LOANS SUMMARY
Question: Who is eligible for a loan ?
Answer: Any small business which suffers displacement due to federally-
aided urban renewal , hirhway, or' other construction program
and suffers substantial economic injury because of such die-
placement. tt
S.B.A. funds are intended to help re-establish a business in
a new location. They supplement funds received from the pub-
lic agency involved as conpensation for the taking of property
and other losses.
^X
Question: Who is ineligible ?
Answer: S.B.A. will not make a loan if the funds received from con-
demnation are used for purposes other than to re-establish the
business, A business is ineligible for a loan also if it was
established or acquired, or if there was a substantial change
in its ownership after approval of the federally-aided pro-
gram.
Owners. of apartment houses or other real estate held pri-
marily for rental income are not eligible for S.B.A. loans.
Similarly, home owners and charitable, religious and other
non-profit organizations do not qualify.
Types of Loans
Wherever possible, S.B.A. will make loans in participation—
that is, jointly— with local banks or other private lending
institutions. S.B.A. may guarantee of provide up to SO
percent of a participation loan. If private lenders will
not join in a loan, S.B.A. will consider lending the entire
amount as a "direct "government loan. •. '
Use of Funds
An S.B.A. displaced business loan may he used for the follow-
ing purposes:
~M
1. To purchase and, if necessary, remodel a building
at a new location, or acquire land and construct
a building.
2. In the case of a new, rented location, to provide
working capital for any increased rental and other
operating costs for a reasonable period of time.
y
-2-
3. To make leasehold improvements on rental property.
k. To replace machinery ipment-
5. To purchase a larger or different type of inven-
tory required at a new location.
6. To meet moving expenses which exceed the amount
given by the public agency involved in the con-
struction project.
Amount of Loan
Collateral
The amount S.B.A. will lend depends on the estimated cost of
re-establishing the business, less funds the firm has re-
ceived as damages or moving expenses and net condemnation
funds paid it "by the public agency or awarded it "by a court.
A "business must pledge whatever collateral or give such
guarantees as it can. When an S.B.A. loan is used to acquire
realty or fixed assets., these must "be pledged as security for
the loan.
Loan Terms
A loan must "be repaid by the earliest possible date, "but '
maturity is "based on the needs of the firm and its ability
to repay. The maximum maturity is twenty years. The rate
on the S.B.A. share of a loan made jointly with a "bank, or
as a direct loan, is 3 3 A percent . â– A hank which partici-
6Ll
~
19
$90 and over
13
306
13
Ll28
1*2
2
280
306
-
173
80
-
82
3. STAMDARD SALES
HOUSING
15
213
7
230
2
101
53
total2Il
w
u
a
o.
w
w
<
Under $5,000
£5
O
m O
0) f-
-
10
-
11
-
5
-,
3
$5,000 - $5,999
•H X$
•H ,Q
-
5
-
6
-
2
_
1
$6,000 - $5,999
-
6
-
6
-
3
-
1
$7,000 - '$7,999
CO
bl
i
-
6
-
7
-
3
_
2
$8,000 - $8,999
<D -H
-
6
-
6
-
3
-
1
$9,000 - $9,999
H p
O O
,
-
9
-
9
-
k
"
2
$10,000 - $11,999
7
18
2
20
-
9
-
5
$12,000 and over
-
8
153
5
165
2
72
-
38
InclLides Federal Rent Supplement Units
c
Pae
9 B of B
r:
HUD-6122
( 1-66)
PROJECT NAME
Campus High School
PROJECT NUMBER
Mass .
R-
VII. ESTIMATED REHOUSING REQUIREMENTS AMD AVAILABILITY— Continued
B. NUMBER OF UNITS REQUIRED AND EXPECTED TO EE AVAILABLE DURING DISPLACEMENT PERIOD TO NONWHITE FAMILIES
TYPE OF HOUSING
267
1 BEDROOM
2 BEDROOMS
3 BEDROOMS
U BEDROOMS
5 OR MORE BEDROOMS
RE-
QUIRED
TO BE
AVAILABLE
RE-
QUIRED
TO BE
AVAILABLE
RE-
QUIRED
TO BE
AVAILABLE
RE-
QUIRED
TO BE
AVAILABLE
RE-
QUIRED
TO BE
AVAILABLE
EXIST-
ING
NEW
EXIST-
ING
NEW
EXIST-
ING
NEW
EXIST-
ING
NEW
EXIST-
ING
NEW
1. PUBLIC H0USi:!G]c£
57
61+6
906
35
9Il9
58
15
623
178
15
166
262
7
k3
306
a. Federally
aided
b. Stato or
locally aldad
9
166
8
659
3
^53
2
76
19
2. STANDARD PRIVATE
REHTAL HOUSlMG
51
1065
7U
32
Q230
126
2
636
306
il-
316
80
121
TOTAL 89
â–ºJ
<
H
U
;-
~i
s
00
«
Undor $40
-
70
-
17
-
3
-
1
-
-
$40 - $49
-
113
-
75
-
13
-
3
-
1
S50 - $59
-
116
-
123
-
39
-
11
-
3
S60 - £69
8
1Ll8
-
175
-
67
-
22
-
6
570 - $79
8
179
kk
-
200
-
101
-
kz
-
10
380 - $89
15
133
30
15
212
81l
-
133
-
61±
-
19
$90 and over
20
306
17
Ii28
lj-2
2
280
306
k
173
80
-
82
3. STAHDARD SALES
HOUSING
11
213
12
230
1
101
3
53
TOTAL 27
u
u
►-«
03
P.
to
3'
<
CO
i
Undor $5,000
W O
-
10
-
11
-
5
-
3
$5,000 - $5,999
•H T3
H <D
•h .a
-
5
-
6
-
2
-
1
SG.000 - SS.999
8 <D
-
6
-
6
-
3
-
1
$7,000 - $7,999
-
6
-
7
-
3
-
2
$8,000 - $8,999
-rH
3 -H
-
6
-
6
-
3
-
1
$9,000 - $9,999
rH P
O CJ 1
-
9
-
9
-
k
-
2
$10,000 - $11,999
6
18
3
20
-
9
-
5
$12,000 and ovor
5
153
9
165
1
72
3
38
Includes Federal Rent Supplement Units.
&
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA / RELOCATION DATA
BOSTON REDEVELOPMENT AUTHORITY
ELIGIBILITY FOR PUBLIC HOUSING AND ASSIGNMENT
Families
White
Non-White
Individuals
White
Non-White
Households
White
Non-White
TOTAL
ELIGIBLE
ASSIGNED
299
213
137
91
208
53
160
26
111
85
26
59
Ilk}*
(ko)*
58
18
ko
384
117
267
2 ®
200
195
kk
151
^-Individuals eligible for Public Housing for the Elderly;
included in total eligibility
ASSIGNMENT TO PUBLIC, PRIVATE AND SALES
Households
White
Non-White
PUBLIC
195
kk
151
PRIVATE
138
h9
SALES
51
2k '
27
TOTAL
38^
117
267
J
f
s.
BOSTON REDEVELOPMENT AUTHORITY/CAMPUS HIGH SCHOOL
URBAN RENEWAL AREA/RE LOCATION BACK-UP DATA
HOUSING RESOURCES AVAILABLE TO FAMILIES AND INDIVIDUALS TO BE
RELOCATED
I. Public Housing
A. Regular Public Housing will be available on a priority basis.
In 1965 there was a turnover of 1/950 units in both family
and elderly projects.
B. Rent Supplement Program
Under recent federal legislation authorizing the Boston
Housing Authority to supplement the rents of families eli-
gible for housing assistance/ the following units in new
221(d)(3) developments in Washington Park will be utilized:
Charlame II - 100% or 38 units
Twelfth Baptist - 100% qx 54 units
Warren Gardens - 20% or 46 units
St. Joseph's - 37% or 52 units
Total - 190 units
C. Leasing Program
Under the City Council's recent authorization of 1/000 units
of "instant housing"/ the BHA plans to lease apartments in
both new and existing buildings for families eligible for
housing assistance. The authorization allows for:
- 400 one- and two-bedroom units for the elderly.
- 600 three-/ four-, five-, and six-bedrcom family units.
D. Housing for the Elderly
The Boston Housing Authority plans to start construction on
seven new developments of elderly housing during 1966/ which
will provide a total of 520 units.
II. Private Rental Housing
A. 221(d)(3) Moderate-Income Private Housing
A total of 776 units of new housing in Washington Park is
expected to be completed by the end of 1968 and will be
I
"L
available to families relocated from the Campus High School
Urban Renewal Area. (Include 190 Rent Supplemented Units)
B. Existing Standard Private Rental Units
Recent analysis indicates that the annual turnover of stan-
dard rental units is estimated at over 33,000 units.
III. Private Sales Housing
A. Existing Standard Private Sales Housing
Analysis of standard housing turnover in Boston during 1965
indicates an annual turnover in excess of 3,000 units.
B. New Sales Unite.
A total of 15 new homes in Washington Park, costing be-
tween $15,000 (2 bedrooms) and $16,000 (3 bedrooms) are
expected to be completed by July, 1967 and will be available
to potential buyers from the Campus High Urban Renewal Area.
Summary (2 year relocation period 1967 - 1968)
I. Public Housing 5, 610
A. Annual Turnover (1,950/yr) 3,900
B. Rent Supplementation Program 190
C. Leasing Program 1,000
D. Housing for the Elderly (new) 520
II . Private Rental Housing 66, 776
A. New 221(d) (3)-Moderate income 776
B. Annual turnover (+33,000/yr) 66,000
III. Private Sales Housing 6, 015
A. Annual turnover (3,000/yr) 6,000
B. New sales units 15
-2-
(.
7 Nov. 1966
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA/ RELOCATION DATA
RELOCATION RESOURCES IN WASHINGTON PARK AREA EXPECTED TO BE
AVAILABLE DURING 1967 & 1968
EXPECTED TOTAL DISTRIBUTION BY BEDROOM
PROJECT STATUS COMPLETION UNITS SIZE
12 3 4 5
/)
Charlame II Under Oct. '67 38 8 14 16
constr. (38) - (8) (14) (16)
Twelfth - . In plan- Dec. '67 54 12 24 12 6
Baptist ning (54) (12) (24) (12) (6)
St. Joseph's In plan- April "68 140 16 42 48 28 6
ning (52) - - (18) (28) (6)
Warren In plan- April '68 228 36 - 180 12
Gardens ning (46) (34) (12)
Academy II Under June '67 316 22 -84 130 80
constr .
Total 776 86 158 384 142 6
(Rent Supplementation Units) ( 19 °) < 12 ) ( 32 > ( 78 ) < 62 ) < 6 )
EXPECTED TOTAL BEDROOM DISTRIBUTION
PROJECT : 'â– - COMPLETION COST UNITS Eff 1 2 3
Phalanx (Sales) Dec. '67 $15,000 15 11 4
16,000
BHA Elderly Towers
Flausburgh June "68 104 16 83 5
Richmond &
Goldberg Dec. '68 167 21 140 6
*
ANTICIPATED RENTALS
BROJECT
Char lame II
Twelfth Baptist
St. Joseph's
(Rent Supplemented)
Warren Gardens
Academy II
NUMBER OF BEDROOM'S
1 2 3 4
$145 $155 $165
N.A. $99 $109 $119
$86 $97 $112
(25% of income)
( not available)
$75 $85 $95 $110
Co-op housing, initial downpayment of $150,
c
7 Nov. 1966
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA/RE LOCATION DATA
RELOCATION RESOURCES IN CASTLE SQUARE AND SOUTH END EXPECTED TO
BE AVAILABLE IN 1967 AND 1968
CASTLE SQUARE
1. 221 (d)(3)? 500 Units (50 leased to BhA)
Occupancy: Nov. 1966 - Feb. 1967
Rentals :
(a) Elevator units 1 bedroom $88-98
2 bedrooms $98-108
(b) Garden apts. 2 bedrooms $97
3 bedrooms $107
4 bedrooms $117-132
2. Housing for the Elderly: 100 Units
Occupancy: c. Sept. 1967
SOUTH END
1. 221 (d)(3): 350 Units (including 100 leased to BhA and/
or rent supplementation)
Rentals: Same as or below those of Castle
Square, (c. $75 - 115
Location: Camden, Lenox and Hammond Streets
(Sites #21,22,23)
2. Public Housing: 85 family units
360 elderly units
•^■Relocation resources in the South End are for the South End pro-
jects' own relocation needs and are not to be considered as a
citywide source.
L
â– "**?
*»
7 Nov. 1966
CAMPUS HIGH SCHOOL URBAN RENEWAL A REA/RE LOCATION DATA
gUMMARY OF CONCURRENT RELOCATION REQUIREMENTS AND ANTICIPATED
RESOURCES 1967 - 1968
ESTIMATED REQUIREMENTS
ESTIMATED RESOURCES
PUBLIC HOUSING
Total Urban Renewal
DPW Displacement
Total Gov't Actions
788
350
1,138
PUBLIC HOUSING
Annual Turnover 1,950/yr
New Elderly 520
Leased Private 1,000
Rent Supplementation 190
Total (2 years) 5.610
PRIVATE RENTAL
Total Urban Renewal 1,570
DPW Displacement 500
Total Gov't Actions 2,070
PRIVATE RENTAL
. ^Annual Turnover
New 221 (d) (3)
Total (2years)
33,684/yr
2,826
69,194
PRIVATE SALES
Total Urban Renewal
DPW Displacement
Total Gov't Actions
PRIVATE SALES
306 Annual Turnover 3, 000-3, 700/yr
200
506 Total (2 years) 6,000-7,400
<?
7 Nov. 1966
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA/RELOCATION DATA
CONCURRENT RELOCATION AND ANTICIPATED NEW HOUSING RESOURCES
1967 - 1968 BY PROJECT
PROJECT
.1967 -
Washington Park
South Cove
430
South End
950
Charles town
250
Fenway
250
Campus High
384
Castle Square
-
1967-1968
ESTIMATED NEW CONSTRUCTION
ESTIMATED RELOCATION 221 (d) (3) PUBLIC HOUSING
58 FAMILY ELDERLY
776
200
350 2
600
400
500 3
85
100
360
100
100
Inner Belt &
S.W. Expressway
Totals
1,050
3,314
2,826
85*
(3,571)
660
Includes 190 units rent supplementation.
Includes 100 units rent supplementation and/or leased to BHA.
3 Includes 50 units leased to BHA.
4 Estimated by Project Staffs; Relocation estimates 520 units for
elderly only, under Annual Contributions Contract.
9 Nov. 1966
* I
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA/ RELOCATION DATA
CONCURRENT REQUIREMENTS FOR PUBLIC HOUSING AND ANTICIPATED RESOURCES -
1967 - 196«
BEDROOM REQUIREMENTS
PROJECT
1
2
k
5
TOTAL
South Cove
90
11
2
112
South End
119
36
35
10
13
213
Char lest own
20
26
12
5
2
65
Fenway
152
36
13
2
-
203
Campus High
93
55
23
17
7
195
Total Units
Required
Urban Renewal
klk
16U
92
36
22
788
DPW Displacement
350
-»
Total Units Required
All Governmental
Actions
ANTICIPATED RESOURCES:
1,138
Annual Turnover (@ 1,950/year)
New Elderly Units
Leased Private Housing
Rent Supplementation Program
Total Public Housing Resources
3,900
520
1,000
190
5, 610
<
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA/RELOCATION DATA
SPECIFIC DATA ON EXISTING 221 (d) (3) PROJECTS IN WASHINGTON PARK
PROJECT
TOTAL
UNITS
1
NUMBER OF
2
UNITS BY BEDROOM
RENTALS
3 4
SIZE
5
Marksdale I
82
42
$85
28
$95
12
$105
Marksdale II
84
44
$88
28
$98
12
$108
Marksdale III
12
8
$88
2
$98
2
$108
Char lame I
92
24
$88
44
$98
24
$109
Academy I
202
22
$75
38
$90
84
$105
$109
42
$120
$136
16
$147
Totals 472
Maximum Income Tenets
2 persons
3 or 4 persons
5 or 6 persons
7 or mare persons
22
156
Marksdale
186
Char lame
92
16
Academy
$7,700
$8,850
$10,000
$6,100
$7,200
$8,300
$9,350
$6,655
$7,700
$8,850
$10,000
-A
< <
§
BOSTON REDEVELOPMENT AUTHOR I TY/CAMPUS HIGH SCHOOL
URBAN RENEWAL AREA/INFORMATION CENTER BACK-UP DATA/
RELOCATION PAYMENT SCHEDULE FOR DPW TAKINGS/
The Commonwealth, through the Department'- of Public Works, will
pay the moving costs of persons r^looated as a result of Inner
Belt and Southwest Expressway land takings at the following rate: (
Residential Units '♦-,
Full Kitchen
s^»o
• Stove
IS
Refrigerator
Outside T.V. Antenna
10
Each Additional Room
20
Maximum Payment
200
Businesses
Maximum Payment $3,000
For any details contact William o'Ma-Tjley of the Authority staff.
£
(.
scpi jdsq. • L8Z;-C2
scpj^ pajo/o3— 082-eS
7 V l\l CJ I -LV l\l
85S
W S 3
W W
S H g
>
2 W i-i
gig
w.Z »
a E2 >
a ft
3 SJ m
w 2 2
k< 2 n
o o x
C W M
€
s
W
o a
w
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2
c
1966 POPULATION CHARACTERISTICS SUMMARY
I.
II.
Campus Hi
gh Project .
irea
TOTAL POPULATION
3,03U
White
Non-White
8JU3
2,191
(27.8$)
(72.2$)
FAMILY COMPOSITION
TOTAL
WHITE
NON-WHITE
NO.
i
NO.
t
Families
ersons in Families
Individuals
7U7
2,866
168
233
787
56
(31.2:)
(27.5)
(33.U)
5H+
2,079
112
(68.8)
(72.5)
(66.6)
Population Characteristics
I.
II.
Total Population
Campus High
Project Area
No.
7,4ll
7,709
4,248
3,034
Change
298
-3,461
-l,2l4
% Change
1940
1950
I960
1966 (est)
( 4.0)
(-44.9)
(-28.6)
Change 1940-1966 -4,377 (-59.1$)
Racial Composition
White Non -White
No. ($>) Change Change flo. {%) Change Change
1940 4,381 (59-1) 3,030 (40.8)
1950 3,823 (49.6) -558 (-12.7) 3,886 (50.4) 856 ( 28.2)
i960 1,531 (36.0) -2,292 (-59-9) 2,717 (64.0) -313 (-10.3)
1966(est) 843 (27.8) -688 (-44.9) 2,191 (72.2) -526 (-19.4)
Change 1940-1966 Whits : -3,538 (-80.8$)
Jfcr-i -White: - 859 (-27.7$)
III. Family Composition (7.966)
Total
White
Non -White
Total Population
:\-.034
843
2,191
Families
747
233
514
Persons in Families
2,866
787
2,079
Individuals
168
56
112
Population Characteristics
I.
Early Land Acquisition Area
Total Population
Year
No.
Change
% Change
19h0
1950
I960
1966 (est.)
U,6U2
5>130
2,213
1,162
U88
-2,917
-1,051
( 10.5)
(-56.8)
(-4*7.5)
Change 19U0-1966 -3,1*80 (-75.0$)
II. Racial Composition
Year White Non-White
No. {%) Change % Change No. (%) Change % Chang.
19h0 2,376 (51.1) 2,266 (U8.8)
1950 2,136 (hi. 6) -2U0 (-10.1) 2,99U (58. h) 728 ( 32.1)
I960 686 (31.0) -l,U50 (-67.8) 1,527 (69.0) -1,1*67 (-1*8.9)
1966 (est.) 30h (26.2) -382 (-55.7) 858 (73.8) -669 (-1*3.8)
Change 191*0-1966 White : -2,072 (-87.2$)
Non-White: -1,1*08 (-62.1$)
III.
Family Composition
(1966)
Total
White
Non-White
Total Population
1,162
30U
858
Families
299
91
208
Persons in Families
1,077
278
799
Individuals
85
26
$9
ID
I.
II.
1966 POPULATION CHARACTERISTICS SUMMARY
Earlv Land Acquisition Area
TOTAL POPULATION
I
White
Non-White
FAMILY COMPOSITION
Families
Persons in Families
Individuals
304
858
TOTAL
1,162
(26.2%)
(73.8%)
WHITE
NO %
NON WHITE
NO %
299 91 (30.4) 208 (69.6)
1,077 278 (25.8) 799 (74.2)
85 26 (30.6) 59 (69.4)
III. CHILDREN IN FAMILIES
Children
1 child
2 children
3 children
4 children
5 children
6 children
7 children
8 or more children
ALL FAMILIES
%
37
19
20
9
2
3
4
3
3
IV. HOUSING DATA
Average Size of
Households - Persons
Average Size of
Rental Unit - Rooms
Average Contract Rent
All Households
3.1
4.7
$45.
White Non-White
2.5 3.3
4.6
$41.
4.8
$46.
1
"
i r
AGE DATA
A. AVERAGE AGE, HEAD OF HOUSEHOLD
All Households
Families
Individuals
Families and
Individuals
B. AGE DISTRIBUTION
Age Group
0-4 Years
5-17
18 - 24 "
25 - 64 "
65 and over
48.9
64.3
52.6
Total
%
12.4
27.0
11.9
35.6
13.0
White Non -White
56.3
68.8
60.7
Total % 99.9
COMPARISON WITH CITY OF BOSTON
99.9
43.9
62.4
48.0
White Non -White
%
4.0
%
15.3
14.5
31.4
15.3
10.8
42.7
33.1
23.4
9.3
99.9
All Households
Age Group
0-4 Years
5-17 "
18 - 24 "
25 - 64 "
65 and over
Total %
Campus High
%
12.4
27.0
11.9
35.6
13.0
99.9
City of Boston
%
9.5
19.2
11.1
47.9
12.3
100.0
-2-
'
( £
VI. INCOME AND EMPLOYMENT DATA
A. ANNUAL INCOME
Income
Under
$ 1,000 -
2,000 -
3,000 -
4,000 -
5*000 -
6,000 -
7,000 -
8,000 -
9,000 -
10,000 -
I5,000and
Total
$1,000
1,999
2,999
3,999
4,999
5,999
6,999
7,999
8,999
9,999
14,999
over
All
Households
%
1.3
22.9
20.9
20.3
9.2
11.7
6.5
1.3
.7
3.9
1.3
100.0
Average Income $3,992*88
Median $3,209.40
B. SOURCES OF INCOME
Households
%
Salary or Wages
48.1
Welfare or Pension
Payments
41.1
Wages and Partial
Welfare or Pension
Support
9.5
Unemployed and no
Welfare Assistance
1.3
White
Non -White
Households
Households
/o
1.9
22.4
23.1
20.4
21.2
16.3
22.1
8.2
9.6
10.2
12.4
8.2
5.8
2.0
1.0
2.0
8.2
1.9
2.0
1.0
99.9 100.0
$4,779.12 $3,620.28
$3,307.20 $3,180.00
Total
100.0
White
Non-White
Households
%
Households
°/o
36.0
53.7
48.0
38.0
14.0
7.4
2.0
0.9
100.0
100.0
-3-
c.
SOURCES. OF WELFARE AND PENSION INCOME
All
Households
White
Households
Non -White
Households
Aid to Families of
Dependent Children
Old Age Assistance
Disability Assistance
General Relief
Veteran's Administration
Social Security
Pension
Rent
D. TYPE OF EMPLOYMENT
16.5
8.0
20.0
10.1
12.0
9.3
8.2
10.0
7.4
1.9
0.0
2.8
3.8
10.0
0.9
18.4
32.0
12.0
5.0
10.0
2.8
5.7
8.0
All
4.6
Households
%
Service Workers
25
Operatives
24
Craftsmen
22
Laborers
9
Pvt. Household
workers
9
Managers/Proprietors
5
Professional/Technical
3
Clerical
3
Sales
1
Households may fall into more than one of these categories,
-4-
CAMPUS HIGH SCHOOL URBAN RENEWAL AREA / PROJECT DATA / TOTAL POPULATION
AND DISPLACEMENT
I. TOTAL SURVEY AND PUNNING AREA
Number of Persons
Persons in Families
Individuals
Number of Households
Families
Individuals
Number of Businesses
White
Non-White
2,191
2,079
112
Total
8ii3
787
56
3,03k
2,866
168
289
233
56
626
51U
112
915
?U7
168
281;
II. EARLY LAND ACQUISITION AREA (BRA Displacement)
Number of Persons
Persons in Families
Individuals
Number of Households
Families
Individuals
ite
Non-White
Total
30U
278
26
858
799
S9
1,162
1,077
85
117
91
26
267
208
$9
38U
299
85
Number of Businesses
III. HIGHWAY AREA (DPW Displacement)
Number of Persons
Persons in Families
Individuals
Number of Households
Families
Individuals
White
Non-White
390
Total
88
1*78
83
378
l*6l
5
12
17
33
112
11*5
28
100
128
5
12
17
Number of Businesses
137
page 1 of 2
*1 CAMPUS HIGH SCHOOL URBAN RENEWAL AREA / PROJECT DATA / TOTAL POPULATION
AND DISPLACEMENT
IV. STUDY AND PUNNING AREA
Number of Persons
Persons in Families
Individuals
Number of Households
Families
Individuals
White
Non -White
Total
126
25
9h3
902
la
1,391*
1,328
66
139
11U
25
21+7
206
ill
386
320
66
Number of Businesses — - 61
page 2 of 2
^
V
G
C
C
Lodging Houses
Campus
Hi
gh School Project Area
License
Number
Number
Rooms
LICENSED
Address
Operator
/Owner
Number
Residents
3 Dudley Street
Jessie Zwicker
Eva Spinney
01OU
11
11
5 Dudley Street
Eva Spinney
5105
11
11
38 Dudley Street
John J. Mar and
Mary Mar an do
U976
8
—
55 Dudley Street
Eustace A. Patterson
5870
7
10
69 Bar tie tt Street
John J. Walsh
5011
5
5
71 Bartlett Street
John J. Walsh
John J. Walsh
5012
9
9
25 Putnam Street
Edward Love
Albert Trust
5078
13
18
VACANT (License not
Address
renewed)
Operator
/Owner
License
Number
Number
Rooms
Number
Residents
2399-2U01 Washington Street Saul Weinstein
66
N.B.: None to be acquired under Early Land,
o
S.B.A. LOANS SUMMARY
Question: Who is eligible for a loan ?
Answer: Any small business which suffers displacement due to federally-
aided urban renewal , hirhway, or' other construction program
and suffers substantial economic injury because of such die-
placement. tt
S.B.A. funds are intended to help re-establish a business in
a new location. They supplement funds received from the pub-
lic agency involved as conpensation for the taking of property
and other losses.
^X
Question: Who is ineligible ?
Answer: S.B.A. will not make a loan if the funds received from con-
demnation are used for purposes other than to re-establish the
business, A business is ineligible for a loan also if it was
established or acquired, or if there was a substantial change
in its ownership after approval of the federally-aided pro-
gram.
Owners. of apartment houses or other real estate held pri-
marily for rental income are not eligible for S.B.A. loans.
Similarly, home owners and charitable, religious and other
non-profit organizations do not qualify.
Types of Loans
Wherever possible, S.B.A. will make loans in participation—
that is, jointly— with local banks or other private lending
institutions. S.B.A. may guarantee of provide up to SO
percent of a participation loan. If private lenders will
not join in a loan, S.B.A. will consider lending the entire
amount as a "direct "government loan. •. '
Use of Funds
An S.B.A. displaced business loan may he used for the follow-
ing purposes:
~M
1. To purchase and, if necessary, remodel a building
at a new location, or acquire land and construct
a building.
2. In the case of a new, rented location, to provide
working capital for any increased rental and other
operating costs for a reasonable period of time.
y
-2-
3. To make leasehold improvements on rental property.
k. To replace machinery ipment-
5. To purchase a larger or different type of inven-
tory required at a new location.
6. To meet moving expenses which exceed the amount
given by the public agency involved in the con-
struction project.
Amount of Loan
Collateral
The amount S.B.A. will lend depends on the estimated cost of
re-establishing the business, less funds the firm has re-
ceived as damages or moving expenses and net condemnation
funds paid it "by the public agency or awarded it "by a court.
A "business must pledge whatever collateral or give such
guarantees as it can. When an S.B.A. loan is used to acquire
realty or fixed assets., these must "be pledged as security for
the loan.
Loan Terms
A loan must "be repaid by the earliest possible date, "but '
maturity is "based on the needs of the firm and its ability
to repay. The maximum maturity is twenty years. The rate
on the S.B.A. share of a loan made jointly with a "bank, or
as a direct loan, is 3 3 A percent . â– A hank which partici-
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