09/16/2014 COMMUNITY PRESERVATION ACT COMMITTEE Minutes

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Community Preservation Cottee Minutes September 16, 201 Leila Botsford—Hou' sing Assistance.Pro (continued) Ms. Botsford made note of a letter recently received from a-participant expressing sincere.appreciation to the support of the rental assistance program. Due t unexpected circ n tances this individual, a single parent.was faced with financial difficulties. The letter states there is a need to continue the program in the community cpecially for those who genuinely require the assistance due to unfortunate events. With regards to first/last/security deposit assistance Ms. Botsford indicated that four participants have taken advantage of this program.' To date$4,913 has been loaned, and $2,947 repaid. Three participants have taken advantage of the emergency mortgage assistance* The surn of$11227 has been loaned. All individuals are on a re-payment plan and have returned$11,639.18 to date. In the emergency rental assistance program eight participants are involved in the program. To date$12,141 has been loaned,and$5,575 has been repaid. In the repayment programs,the majority of the participants abide by their agreemets. The Mousing Authority has filed small claims against three of the participants. It was noted the Mashpee Mousing Authority previously submitted 2 applications to the CPC for funding consideration at the May 2015 Town Meeting. One application requested funding to support the Mousing Assistance . Program for an additional two years. The funding request is $400,000, respectively $200,000 per year. Currently,there are 24 families waiting for assistance. The second application is for a Buy-Down Program, $200,000 to be used for down payment costs related to the purchase of a two or three bedroom home in Mashpee. At the request of the Mashpee Housing Authority Board,the above referenced applications wee withdrawn. Is. Botsford indicated the applications would be resubmitted if there:was a favorable indication they would be funded. It was noted there has been controversy with respect to this regard. It was agreed that representation from the Con iunity Preservation Committee and Board of Selectmen to include the Town Manager would meet with Ms.. Botsford to.further review the programs.outlined by the Housing Authority. Mr. Kaplan and Mr. Larkin offered to attend the meeting on behalf of the CPC.