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guidelines , The major difference i s theermane � <br /> � n y of the price a deed <br /> restriction for the resale value so it will stay affordable . <br /> The State has developed a local initiative program whieh allows ou to <br /> create affordable units through any mean <br /> available <br /> Nancy finds it frustrating to encourage affordable housing , allow closer <br /> densities , etc . when we already have i t. <br /> Peter Din 1 z i o asked what our percentage of affordable e hous1ng i � compared <br /> to other Cape towns? <br /> Tom said the state bases it on the census, During the lgso ' s we <br /> were at <br /> 13%, but the 1990 census, with twice as manor houses in town but not twice <br /> as many affordable units , down to 4 1/2%]b <br /> Mashpee Village and the Housing Authority units ars the h only ones <br /> considered by the State, 4 1/2% is the third highest on the Cape , <br /> Deidre has a problem with the whole idea that it <br /> is incumbent upon a <br /> community of people, who worked to move into homes and pair the taxes , to <br /> now ask thea to find a. war to provide a house to someone - a house of low <br /> value and therefore low taxes, Banks should come <br /> up <br /> with creative <br /> mortgages, the burden sould not be on lowering <br /> the <br /> value of the home , <br /> Tom said there are a lot of financing programs now to help people afford <br /> homes but technically they don ' t count. It is frustrating to have the <br /> guideline but you can understand the deed restriction , <br /> requirement to keep <br /> it that way <br /> Tom explained if you don ' t meet the 10 tate guideline you don' t ' <br /> dual � f <br /> for a lot of state grants . The community has to decide if the State has a <br /> "big enough club" how much leverage do they have. Is "t important <br /> to meet their guidelines* <br /> We are supposed to be consistent with the regional policy plan if we wart <br /> the Commission to approve our plan , <br /> Torn thinks we need to recognize in the amount of "affordable" housing in <br /> Mashpee, even if it does not meet the state guideline. <br /> The consultant has developed some numbers . <br /> Torn said meeting 10% by the year 2000 is basically impossible and suggests <br /> the <br /> dear 201 g as the objective <br /> We reed 400+ additiorial units to meet the guideline, <br /> It manes sense to target seri i ors but you cannot be blatant about exclud' ing <br /> anyone. <br /> Nancy thinks in our, goals we should state we want to target seniors, <br /> Eloise said affordable housing is not just a certain price on a home it <br /> means providing all different types of housing <br /> Tori thinks what make the most sense for Mashpee i s to look at existing <br /> housing stooks and work with that. <br /> Peter suggests it is known that Mashpee has the most affordable housing <br /> stook? Shouldn ' t we look at what the other towns are doing before we go to <br /> all this trouble to rake ourselves even more attractive to affordable <br /> 7 <br />