HomeMy Public PortalAboutAff Hsg Trust 2019-05-01 Affordable Housing Trust Fund Board May 1, 2019
ORLr,i'S TOM CLERK.
ORLEANS AFFORDABLE HOUSING TRUST FUND BOARD '19 JUN 16 i i'16AN
MAY 1, 2019
Approved June 5, 2019
A meeting of the Affordable Housing Trust Fund Board was held on May 1, 2019 in the
Nauset Meeting Room of the Orleans Town Hall. Present were Chair Alan McClennen,
members Alexis Mathison, Henry Brehm, Ward Ghory, Greg DeLory and Matthew Cole.
Duane Landreth was absent.
All documents discussed at this meeting are filed with the permanent records of the
Affordable Housing Trust Fund Board.
Mr. McClennen called the meeting to order at 4:15 p.m.
There was no public comment.
Minutes to be approved: April 3, 2019
On a motion,by Mr. Ghory seconded by Mr. Brehm, the Board voted to approve the
minutes of the April 3 meeting. The vote was 6-0-0.
Mr. McClennen referred to agenda item d., Mailing list of seasonal homes valued under
$500,000, and said that he had authorized Community Development Director George
Meservey to obtain additional programming in order to match the list of properties with
beach permit sales records.
Review of April 24 Cape Housing Roundtable discussion
Mr. Ghory commended the joint effort by the Community Development Partnership and
the Housing Assistance Corporation to bring together Affordable Housing officials from
various Cape and Islands towns,to facilitate the exchange of solutions to different housing
challenges. Mr. Brehm noted the impact of community outreach on the eventual approval
of projects, and Mr. Cole reported that he had requested a copy of the RFP for the
Yarmouth Commons project, which had resulted in a contract with a very satisfactory
developer, after having been issued several times. Board members also discussed the
leveraging of town investments and the positive effect of municipal housing trust funds.
Joint meeting with the Affordable Housing Committee
Chair Katie Wibby called the Affordable Housing Committee to order at 4:30 p.m. Present
were Ms. Wibby, members Fran McClennen, Nancy Renn, Bill Stoeckert, Shelley Dawson,
and Board of Selectmen Liasion Mefford Runyon.
a. Presentation by Brown, Lindquist, Fennucio and Raber, Cape Cod Five Operations
Center Study
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Affordable Housing Trust Fund Board May 1, 2019
Rick Fennucio distributed packets illustrating development options to date. He
recapped the March 20 presentation to the Affordable Housing Committee, and
outlined six development scenarios with various configurations of buildings, housing
units, amenities, and parking. He noted that their allocations of one-,two- and three-
bedroom units, and consideration of studio and micro units, differed from the
recommendations for rental units in the Town's housing study.
The Board and Committee members reviewed the process of providing feedback, with
the eventual goal of developing an RFP. Ms. Wibby suggested that the Committee
meet in a few weeks to review the scenarios, bringing Community Development
Director George Meservey into the discussion, and providing the architects with
comments by the beginning of June.
b. Meet with Beth Wade, Habitat for Humanity, re: 15 Quanset Road
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Ms. Wade referred to the information packet provided to the Trust Fund Board
members and observed that the property at 15 Quanset Road had been brought to her
attention by a Habitat supporter, after the previously-discussed property at 16 Old
Timer's Lane had been found to be ineligible. A market analysis was completed and a
price of $200,000 negotiated. She noted that although a firm timeline could not be
established, Habitat could probably work on the home between other, more complex
projects.
The Board members discussed ownership of the property by Habitat and final costs of
the project. Ms. McClennen suggested that outreach to the neighbors would be
beneficial,although development as proposed would be by right. Ms.Wade confirmed
that a single-family home would not qualify for a local preference under DHCD
guidelines, and that the affordability deed rider would remain in perpetuity.
Mr. McClennen noted that the Board of Selectmen would be voting on the Trust Fund
Board's recommendation later this evening.
Trust Fund Board vote
On a motion by Ms. Mathison seconded by Mr. Brehm, the Board voted to
recommend that the Board of Selectmen approve the proposed acquisition of 15
Quanset Road for a joint project with Habitat for Humanity. The vote was 6-0-0.
Mr. Ghory requested that the Board receive a monthly summary of Trust assets. Mr.
McClennen reported that currently there was a balance of$677,830.92 and that as a
result of Town Meeting votes, the total would be around $1.3 million as of July 1. He
stated that, with the Board's approval of the meeting minutes in which the vote to
pursue a line of credit was recorded,the Finance Director could solicit bids from banks.
He also noted that the Community Preservation Act allowed borrowing for affordable
housing. A review of Trust assets will be included in each month's meeting agenda.
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Affordable Housing Trust Fund Board May 1, 2019
c. Discussion of goals and priorities
Mr. McClennen asked that this discussion be postponed to a future meeting, as the
Board of Selectmen were going to need the Nauset Room at 6:00 p.m. Ms. Wibby
- suggested that the Town housing study be used to frame goals and strategies, and Mr.
McClennen referred to draft goals compiled by Mr. Ghory which had been distributed
to the Board.
Mr. McClennen noted that Vice-Chairman Landreth would be convening the next meeting
of the Trust Fund Board.
Adjourn
On a motion by Mr. Cole seconded by Mr. DeLory,the Affordable Housing Trust Fund
Board voted to adjourn at 5:45 p.m. The vote was 6-0-0.
The Affordable Housing Committee tentatively scheduled their next meeting for May 23.
On a motion by Ms. McClennen seconded by Mr. Stoeckert, the Affordable Housing
Committee voted to adjourn at 5:45 p.m. The vote was 5-0-0.
Respectfully submitted,
Myra Suchenicz
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