9/6/2011 AFFORDABLE HOUSING Minutes

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1ahpee Affordable Housing Committee meeting Minutes September 6,2011 at 6:30 p Selectmen's Meeting Room, Mashpee Town Hall Present: Chairman +vlter Abbott, Kalliope Egloff, Berkeley Johnson Also Present: Selectman Carol Sherman, Selectman Mchael Richardson, Selectman Torn O'Hara Absent: Fred letchel CALL TO ORDER Chairman Abbott called the meeting to order at 630 p.m. and the roll was called. APPROVAL OF TES-August 2,2011 motion was made by Mr. Johnson to approve the minutes submitted as circulated. Ms. Egloff seconded the motion. All voted unanimously. PRESENTATIONS Leila Botsford,Mashpee Housing Authority-Funds for hent Assistance Program Ms. Botsford was present at the meeting to seek support from the Affordable Housing Committee to request funds from the Community Preservation Committee and/or the Affordable Housing Trust Fund for a program to be developed by the Mashpee Housing Authority. The Housing Assistance Program will combine five different types of assistance to be funded from one source of money, including ongoing short term rental assistance, one time assistance for firstlstsecurity deposit, one time emergency assistance for rent., short team mortgage assistance and down payment assistance for first time hornebuy rs. All forms of assistance would be for Mashpee residents. Massachusetts' Housing Authorities have plcd a greater focus on veteran's housing, so first preference will be given to veterans or their surviving families. Second preference will be given to families who both live and work in Mashpee and the final preference will be for residents o Mashppe. Assistance will be based on factors such asincome eligibility, providing up to loop/o of the area median income; residents in need of ongoing rental assistance, and working with those families so that they eventually do not need assistance; passing a LORI check and 'Interviewing with staff members. Another component of the program, providing one-time assistance, would consist of a revolving loan topay for the first last month's rent and the security deposit. Ms. Botsford has met with Valerie Foster of the Chatham Mousing Authority, which has managed a very successful and similar program. Ms. Foster has recommended assisting those clients receiving first last security with month-to-month assistance as needed since it allowed for greater control over encouraging repayment of the loan. In reference to Nils. otsford's projected budget, Chairman Abbott ln�u�ir hether two or three of the p J services would be considered should the full amount of funds not be available. Ms. Botsford stated her reference to fund the program hole, but use the available-funds in areas of the greatest need as p p l they arise. Ms. Botsford noted that each week the Housing Authority sees 5-6 people who have no lace to go, have experienced fob loss, have experienced a reduction in pay or who require assistance with their mortgage. Ms. Botsford emphasized the need for flexibility to use the funds where needed, adding that the total of$300,000 would be for a gree year period. Ails. Botsford added that administrative costs would not be high since ranch i s already 'in place at the Housing Authority. M.s.