HomeMy Public PortalAboutAff Hsg TF 2019-09-04 Affordable Housing Trust Fund Board September 4, 2019
ORLEANS AFFORDABLE HOUSING TRUST FUND BOARD
SEPTEMBER 4, 2019 '19 DEC 6 10:41mri
Approved Oct. 3, 2019 1 - - ' ,d9tsi
ORLEANS TOWN CLERK
A meeting of the Affordable Housing Trust Fund Board was held on Sept. 4, 2019 in the
Nauset Meeting Room of the Orleans Town Hall. Present were Trust Board Chairman Alan
McClennen and members Duane Landreth, Ward Ghory, Matthew Cole, and Mefford
Runyon.
Mr. McClennen called the meeting to order at 4:00 p.m.
Public Comment
There was no public comment.
Minutes to be Approved: August 7, 2019 and August 21, 2019
On a motion by Mr. Runyon seconded by Mr. Ghory, the Affordable Housing Trust Fund
Board voted to approved the minutes of August 7, 2019. The vote was 5-0-0.
On a motion by Mr. Landreth seconded by Mr. Runyon, the Affordable Housing Trust
Fund Board voted to approved the minutes of August 21, 2019. The vote was 5-0-0.
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Presentation and discussion of Guiding Principles for Affordable Housing Committee and
Affordable Housing Trust: Ward Ghory and Fran McClennen
Mr. Ghory referred to the document provided to the Board, and Mr. McClennen noted
that the Affordable Housing Committee, at its meeting the previous day, was generally in
support. Mr. Ghory listed three reasons for developing the document: to assist the Board
in making better decisions;to illustrate the Board's processes and support public outreach;
and to enhance collaboration with the Affordable Housing Committee.
Mr. Ghory reviewed the Values section as outlined on page 4, and the Board discussed the
relationship of this section to the Goals and Mission sections. Mr. McClennen noted the
role of the Trust as one of the tools available to the planning entity,the Affordable Housing
Committee. The Board discussed the organization of the document and the content of the
various sections. Mr. Runyon suggested that the term "affordable housing" be further
defined,and Mr. Cole suggested.exploring mechanisms by which to fund housing for those
with incomes 80% or higher than the median income.
The Board proceeded to discuss funding sources, financing options, and potential unit
costs. Mr. McClennen commented on the list of Values and outlined local preference
guidelines. Mr. Ghory noted that the Affordable Housing Committee would take the lead
on community concerns and building support for affordable housing. Board members
reiterated the need to define low and moderate income and community housing, and
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Affordable Housing Trust Fund Board September 4, 2019
discussed eligibility options available under the Community Preservation Act and special
legislation. Further editorial changes to the document were discussed.
Follow up discussion and further action from Board of Selectmen's meeting of August 28.
• Cape Cod Five
Mr. Meservey will update the Board with regard to the next steps. Mr. Ghory noted
the importance of a Pro Forma for planning purposes.
• Unit 15, 24 Old Colony Way
Mr. Landreth recused himself from the discussion. The condominium Board of
Directors has right of first refusal and has not yet voted on the purchase. A lead paint
inspection will also be required.
• Line of Credit with Cooperative Bank of Cape Cod
Mr. Landreth returned to the meeting. As Town Counsel has a conflict of interest,
the firm of KP Law will review the agreement.
In addition, the architects who had previously worked on the 107 Main Street property
have been retained to conduct a review for the Trust.
Report from the Housing Committee
There was no report due to the absence of member Katie Wibby.
Items for future agendas
Mr. Runyon suggested discussions of a possible Town Meeting warrant article for special
legislation and the Trust's opinion of a residential housing exemption.
Adiourn
On a motion by Mr. Runyon seconded by Mr. Ghory, the Affordable Housing Trust Fund
Board voted to adjourn at 5:20 p.m. The vote was 5-0-0.
Respectfully submitted,
Myra Suchenicz
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