4/1/2014 AFFORDABLE HOUSING Minutes

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the entrance way had been officially named Alice Lopez Drive in honor of Alice Lopez whose vision was being realized with the project. Before shutting down for winter, water and sever lines had been installed. It was anticipated that work would resume in early April, Paving would not be completed until the utilities were in place_ The Chi inquired about the use of solar and Mr. Jacobs onftrmed that solar and green initiatives were being considered for the homes and design was being completed by a Native American firm. Mr. Jacobs reported that the units would be clustered in order to use just 23 of the available57 acres. There would be a total of 52 units, including duplexes(16 Units) for the elders and 36 single family units. The units would be strictly rentals. determination would be made regarding the policies and procedures by which tenants would be admitted as well as the rental fees. Regarding 40B,Mr.'Jacobs noted that if there was not a sufficient number of qualified 40B applicants,the rentals would need to be opened up, so they were working toward ensuring that it would not impact heir ability to seek the land going in to trust. Mr. Isbitz inquired about a possible % low income requirement and Mr. Jacobs stated that it would override some of the local zoning. Mr_ Johnson inquired about the zoning for the area and Selectman Richardson reported that they had been working closely with Town Planner Torn Fudal .. There was discussion about friendly 40Bs and the zoning Board- The oard_The Chair inquired whether all residents would be Native American and Mr. Jacobs confirmed that it was a requirement of HUD. Mr. Jacobs also confirmed that the True would be managing the units. 1h-. Jacobs noted that there would be a cooperation agreement with the Police and Fire Departments and that clearance requirements had been met. Mr. Jacobs added that the True wished to make the development an integral part o the overall community. There was discussion about the adjacent land, including Town-owned land that was not buildable. Mr. Jacobs emphasized the need for the housing, adding that many Tribal members were looking to return hone. Mr. Jacobs referenced a new prograrn created to assistrith mortgage financing for Dative Americans, called the 184 Loan Mortgage Guarantee.Program for Native Americans. The Tribe had been working with local bans to encourage their familiarity with the program. Mr. Jacobs stated that the program was beneficial to Native Americans due to a low down payment requirement of 1.25%- 2.25%. depending upon the loan amount. Chairman Abbott referenced Mashpee's Affordable Housing Production Plan where the current rate of fordable housing was at 4,5% and stated that the wane1 ano housing would be a significant contribution to increasing mailable housing. Mr. Jacobs inquired about whether the Committee had information regarding other sources o funding. Mr. I bitz recommended the Department of Housing and Commurnky Development and IVB-. Jacobs indicated that he had a meeting. Mr. Jacobs also had a discussion with HUD's Public and Indian Housing Assistant Secretary who would be leaving her post in June. Mr. Jacobs noted that the tinning of construction could be impacted by a lack of funding but that the Tribe.was committed to building the units. Mr. Jacobs noted that they were seeking grants more so than loans, but that they would qualify for USDA funding and additional options with HUD. W. Isbit recommended Barbara Melds at the HUD regional office in Boston. Mr. Isbitz inquired about a target or timeline for the number of units and fir_ Jacobs responded that the Tribal Council and Housing Committee would be considering a target and timeline, as well as long range planning. Affordable Housing Trust Mr. Johnson attended a meeting of the Affordable Housing Trust and confirmed that a Trust document would be created, noting that although the ordinance had been adopted,the-Frust document had not been created. Selectman Richardson,FIs. Mason and Mr. Johnson would be meeting often to create a guideline and.terms for the Housing Trust by May 3 1. The group will also 2