What is the Trinity Financial’s proposal? What type of housing is proposed?

Trinity Financial proposes to use federal and state historic tax credits and other resources to historically rehabilitate virtually all of the brick buildings on the site to create new rental apartments.   The Land Disposition Agreement will cap the number of potential housing units at 334 units.  For at least five years following construction, the property must remain rental apartments in accordance with requirements of the historic tax credit program.  It is possible after that point that some or all of the units could be converted to homeownership, at the developer’s option.  

 The proposal includes a mix of studio, one-bedroom, two-bedroom, and three-bedroom apartments.  During the formal due diligence period, Trinity is securing architectural and other reports regarding building conditions and capacity, and also meeting with Town boards and committees to refine the proposed unit mix. The final proposed unit mix will be established prior to Special Town Meeting. 

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1. What is the status of the Medfield State Hospital redevelopment effort?
2. How can I find out more about the Medfield State Hospital and the proposed redevelopment?
3. Will Medfield residents take a vote on whether to approve the sale?
4. When is the Special Town Meeting?
5. What will we be voting on at Town Meeting?
6. What is the threshold needed to approve the proposed sale at the Town Meeting?
7. Will the proposed Land Disposition Agreement that the Town will sign with Trinity be available for review before the Special Town Meeting?
8. What is the Trinity Financial’s proposal? What type of housing is proposed?
9. What happened to the concept of including commercial space, stores and restaurants?
10. Are there any affordable housing units in the project?
11. What costs has the Town incurred since purchasing the Medfield State Hospital from the Commonwealth of Massachusetts? Has the Town generated revenue from leasing out the property?
12. What are the projected revenues and expenses (fiscal impact) to the Town if the property is developed in accordance with Trinity’s proposal?
13. What is the Trinity Financial’s proposed purchase price?
14. What kind of public access will there be if the sale is approved?
15. Is there a map of the parts of the MSH property proposed for disposition?
16. Will the North Field and trails remain open and be accessible to the public for both humans and canines?
17. How will people park and access the Overlook and trails?
18. How will this development affect the Town’ water and sewer systems? Do we have enough capacity to support this development?
19. How many units of housing will there be? Will they be rental apartments or ownership condos?
20. What is the largest and smallest unit type? (SF)
21. Will there be housing options reserved for seniors on site?
22. What about public access?