12/6/2011 AFFORDABLE HOUSING TRUST Minutes

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3 Affordable Housing Trust Affordable Housing Committee Community Preservation Committee Minutes December 6, 2011 The Affordable Housing Committee charged with policy setting and the development of the Affordable Housing Production Plan for the Town of Mashpee has been actively focusing their efforts on affordable rental housing. Upon review of the available Town-owned lots,two parcels have been identified for the development of affordable rental housing. The Town-owned lot prioritized by the Affordable Housing Committee for affordable housing is comprised of approximately(7) acres. The property is located at 950 Falmouth Road,Mashpee and was previously considered for development by the May Institute. Mr. Ruchinskas gave input as to the process and potential roles of the respective boards and committees for the creation and management of future affordable rental housing in the Town of Mashpee. It was noted there is common membership on each board as communication was deemed the key to the success of the project and its development and management. As noted,the Affordable Housing Committee, a policy setting board does not have the fiduciary responsibility to hold and/or distribute funding. Whereas,the Affordable Housing Trust through its Board of Selectmen is the catalyst to make the decisions to acquire, hold and distribute funds to enable future affordable housing development opportunities in the Town of Mashpee. The Housing Authority governed by the elected members has the ability to create and manage affordable rental housing particularly for low income families and individuals. In cooperation with the Housing Authority,the Housing Committee and/or Trust has the ability to develop a Request for Proposal(RFP) for the development of affordable rental housing, and designate the Mashpee Housing Authority and/or the Housing Assistance Corp (HAC) if desired to manage the property. Presently,the Mashpee Housing Authority has gained knowledge of the RFP process with the development of the Asher's Path and Breezy Acres affordable housing projects currently managed as rental units by the Housing Authority, In both developments, a grant from the MA Housing Partnership was secured to conduct the feasibilities studies for the referenced properties. The Housing Authority in issuing the RFP's selected a developer who handled the permitting and contracting duties for the intended projects.