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9/21/2010 COMMUNITY PRESERVATION ACT COMMITTEE Minutes
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9/21/2010 COMMUNITY PRESERVATION ACT COMMITTEE Minutes
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Mashpee_Meeting Documents
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COMMUNITY PRESERVATION ACT COMMITTEE
Meeting Document Type
Minutes
Meeting Date
09/21/2010
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5 <br /> Conor unity Preservation Act Committee <br /> Minutes <br /> September 21, 2010 <br /> Ms. Waygan present: 6:07 p.m. <br /> OLD BUSINESS: <br /> Update reegr Acres Expansion Project; <br /> �T5 <br /> Correspondence was received from Leila Botsford; Executive Director of <br /> the Mashpee Housing Authority dated September 21,201 o relative to the <br /> Breezy Acres Expansion project. <br /> As per Ms. Botsford"s memorandurn,the Housing Authority was able to <br /> leverage the Project as a result of the$450,000 CSA award and other <br /> funds t 'increase the number of affordable rental units at the Breezy Acres <br /> site from four to ten. <br /> The following is a list of additional funding sources to support the project; <br /> $750k in Neighborhood Rental Initiative(NRI)funds <br /> $150k from Community Based Housing <br /> $500k from the Affordable Dousing Trust <br /> $350k from HOME <br /> $175k from the Barnstable HOME Consortium <br /> $350k from the DHCD housing authority branch <br /> As a result in the change of the number of affordable units, it is necessary <br /> for the CIA Committee to take a formal vote to approve the amendment. <br /> It was agreed that Ms. Botsford would be-requested to submit a formal <br /> leer of intent with regards to the number of units to the CPA Committee. <br /> Ms. Botsford will be Invited to attend an upcoming meeting of the CPA to <br /> further preview this matter. <br />
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