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NEW ]BUSINESS <br /> Noire at this time <br /> EDUCATIONIMARKETIFNG <br /> None at this time <br /> oRRIEPONDENCE <br /> Email from Leila Botsford, Mashpee Housing Authority-In her letter, a response to the last draft of <br /> Affordable Housing minutes, Ids. Botsford clarified that the most recent amount requested from the CPC <br /> totaled o,000. There was consensus among members of the Committee agreeing that NMA.presentations <br /> about their fund request referenced use of the money for arevolving loan. There was acknowledgement that <br /> there was a need for funds to assist with affordable housing but Mi. Isbitz pointed out that CPC funds were <br /> intended primarily for production, according to state law, and that balance was important. The Chair pointed <br /> out that the State also provided funds to housing authorities for an assistance program. lir. Johnson inquired <br /> whether Ids. Botsford should be contacted regarding Mr. Isbit 's points and it was determined that it would be <br /> addressed at another time. <br /> Great Neck South/Northbridge-I1 ashpee Commons sold three parcels to Northbridge to develop an <br /> assisted living facility. The facility would feature 44 studio or 1-bedroom apartments, eight -bedroom units <br /> and the memory care-would comprise twelve 1-bedrooms and four -bedrooms, The Chair stated that the Cape <br /> Cod Commission required that Bridges of Epoch place 6 units in an affordable category, at the rate of$2,700 <br /> instead of$6,0000. The units were not eoui.ted toward Mashpee's affordable rate. <br /> OTHER IN <br /> MLETIING ADJOURNMENT <br /> ITT <br /> The next meeting was scheduled for Tuesday, May 2 at 630 p.m. <br /> Mr. Willard made a motion to adjourn. Mr. Isbitz seconded the motion. All voted unanimously. The <br /> meeting adjourned at 7:0p+m, <br /> Respectfully submitted by, <br /> � J <br /> Jennifer M. Cho ord <br /> Board Secretary <br /> LIST or DOCUMENT <br /> None at this time <br /> 2 <br />