3/2/2017 COMMUNITY PRESERVATION ACT COMMITTEE Minutes

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Community Preservation Committee Minutes March 2. 2017 APPOINTMENTS & HEARINGS: Leila Botsfordmash ee Housing Authorit —QJ date on Housm* Assistance pro ani: (continued) Ms. Botsford indicated the rental assistance program is the most popular program expending $205000 to $29,000 per quarter. This past month there has been several mortgage assistance applications which would be repaid. Approximately 65% - 70%of the loans are repaid. In the first three years of the program$8,000 was tallied in uncollected debt. With the lapse 'in fundi' the program in general has been lacking participation. Ms. Botsford; indicated she intends to place information regarding the Mashpee Housing Assistance Program as a link on the Town's web site; It vias suggested that a brochure be developed for dissemination, The Housing Assistance program gives preference to Mashpee residents and Veterans, for those who live and work in Mashpee,for those who live in Mashpee and for those who may be moving to Mashpee and are in need of assistance. Approximately 40%of the programa participants are 55 plus years of age. It was agreed if the program becomes more successful, it may be beneficial for the Housing Authority to submit an application for ensuing yea's as the Town has the ability to opt out of the CPC in oto. There has been discussion regarding a possible change in the 3%CPA surcharge that may be earmarked for wastewater arrd other funding endeavors of the Town of Mashpee. In closing, FIs. Botsford noted the funding also supports those who are in need due to unforeseen circumstances such as a medical diagnosis, loss of employment or other crisis that may � nuence the need for funding assistance. The program is not ust for love income families.