08/10/2021 AFFORDABLE HOUSING Minutes

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Mashpee Affordable Housing Committee Mashpee Town Hall „t� 16 Great Neck Road North, Mashpee, MA 02649 MEETING MINUTES FOR AUGUST 10, 2021 APPROVED 10/19/2021 Meeting Location&Time: Mashpee Town Hall -Ockway Meeting Room at 6:30pm Public Call-in#: (646)558-8656 In Person Attendance Committee Members: Allan Isbitz, Chairperson;Bruce Willard,Vice Chairperson Melinda Baker,Member Others Present: David Quinn,HAC; Beth Wade,Habitat for Humanity Bud Abbott, former Affordable Housing Committee Chairperson; Lynne Barbee Call to Order The Chair convened the meeting at 6:32 p.m. The roll call of Committee members was taken and a quorum to conduct business was confirmed. The Pledge of Allegiance was recited. Approval of Minutes Approval of the following minutes: April 6, June 15, June 22,and July 13,were deferred to next meeting OLD BUSINESS 1. 950 Falmouth Road Dave Quinn,Housing Assistance Corporation,gave a progress report on the project. Over the last winter the team went through the 40B permit process.The Project received ZBA approval for the Ch.40B Comprehensive Permit in early February. It went very well,with little changes to the original design. The letter submitted on behalf of the Affordable Housing Committee was a large help to get through the ZBA process. It has been a seamless process with a lot of support from the Town. POAH-HAC submitted their application to the state Department of Housing and Community Development(DHCD) for tax credit,they were encouraged to apply early and they applied in January.They were not awarded that round. It is rare for an affordable housing project to be awarded public funding from the state the first time. Massachusetts typically has a long pipeline of projects statewide awaiting their turn to receive priority consideration and approval of funding necessary to begin construction. Normally this is a 2-3 year wait. In an unusually favorable action,DHCD invited POAH-HAC to reapply in the upcoming fall mini-round, which is happening now, and pre-applications were due last week. POAH-HAC submitted the pre- application for tax credit financing for the project at that time. The full application is due in September. An invitation to apply for the fall mini-funding round is usually a sign that DHCD believes the project is ready to go into construction. Mr. Quinn feels optimistic. This past June at a meeting of the Mashpee Affordable Housing Trust,he requested approval of their funding request submitted earlier this year. He explained that a local funding decision was an important sign of local support for the project to DHCD and would give the project a significant advantage in the competition for limited funding available during the fall mini-round. Fortunately the Trust understood the importance of making a timely award to enable it to be included in the application for the mini-round. The Trust awarded the project$300,000 to offset the cost of the advanced septic system. Mr. Quinn said the development team also submitted an application for$250,000 to the Barnstable County HOME