8/6/2013 AFFORDABLE HOUSING Minutes

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f Mashpee Affordable Housing Committee Meeting Minutes August 6, 2013 at 6:30 pin wa uoit Meeting RooM Mashpee Town Hall Present: Chairman Walter Abbott, Kalliope Egloff, Berkeley Johnson, Allan Isbit , Michelle Springer Also Present: Selectman Mike Richardson CALL To ORDER Chairman Abbott opened the meeting at 6:30 p.m. and the roll was called. APPROVAL of T S- my 9, 2013 Chairman Abbott requested clarification on page 2 of the minutes regarding young professionals possibly being in need of affordable housing. Mr. Johnson made a motion to approve the minutes as amended. Vis. Springer seconded the motion. All voted unanimously. PRESENTATION Mashpee Commons Chairman Abbott introduced Torn Feronti and John Connell.of Mashpee Commons who offered a presentation to the Committee. Mr. Connell noted that, with improvements to the economy, Mashpee Commons intended to move forward with their plans to expand. Mr. Connell referenced the design plan from 2007 which had been focused on ownership but would now have a greater focus on rentals. The original permit featured a blend of ownership and rentals. The 56 permitted rental units would now become part of the first sub-phase clue to the need and because banks would provide funding for rental properties. There would also be some commercial property developed in the first phase and Mr. Connell noted that each phase would incorporate 25% affordable units. Mr. Connell described the comprehensive permit regulations and the affordable housing units being eligible for individuals up to 0%of the area median income but more recently expected that it would be lowered to %of the area median income, based on research. Mr. Connell also mentioned that Katherine Lacy, a representative from Mass Housing, had been involved with a committee tasked with identifying the most viable and shovel-ready projects and had been working cooperatively with Mashpee Commons as them contact. Connell shared the 2008 master plan, including the Job affordable housing neighborhoods. Mr. Connell stated that the layout was essentially the same, except where townhouses would likely be reconfigured as rental units. The phasing had been somewhat altered, including sub-phasing, dictated by availability of financing. Mashpee Commons wished to build to the need of the community and had completed a market study during the last two ears. Phase l A on Market Street to Jobs Fishing Green would incorporate 1=2 bedroom units, and possibly 3-bedroom units with 25% affordable housing units. The following sub phases would connect to the Green, Jobs Fishing and finally, east to Route 2 . Sub-phases were being used as a better response to changes in the market. Mr. Connell indicated that the look of the buildings would be influenced by the Cape with details such as gables mimicking sea captain