2018-08-23 Metro North Regional Housing Advisory Committee Minutes

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Orq Town of Reading - Meeting Minutes R IE CEiVi 0 �" GtFJN CLERK Board - committee - commission - Council: 2g10 NOV _7 PM 2: 44 Metro North Regional Housing Services Committee Date: 2018-08-23 Time: 10:00 AM Building: Reading Town Hall Location: Berger Room Address: 16 Lowell Street Session: Purpose: BI-Monthly Meeting Version: Attendees: Members - Present: Julie Mercier, Laurie Stanton, Danielle McKnight, Valerie Gingrich, Andrew MacNichol Members - Not Present: Others Present: Liz Rust, Erin Wortman, Planning Director, Stoneham, and Tom Younger, Town Administrator, Stoneham Minutes Respectfully Submitted By: Laurie Stanton Topics of Discussion: The Committee called to order at 10:11 AM. Status Update Welcome Stonehaml We gave them a copy of the IMA.We discussed incorporating a new Town into the IMA. Stoneham: Most of their affordable units are homeownership.Some of these units are set to expire in 10+years. They are under 5%for the SHI.They have built over 700 units recently,none of them affordable. The Town needs to work on a better relationship with the Housing Authority. There is no HPP, but it is almost done. The Town Administrator's goal is to modernize the Town and be proactive to resident needs.The Town needs more public transit.This is not a CPA Community. The Town Planner would fund our program through her operating budget,so it lasts.The MNRHSO could help with organizing all the affordable units in the Town. I can help with the dayto day tasks, like resales,re-financing,etc. I can also help with line items in the HPP. Timeline for Stoneham to put MNRHSO in the operating budget:Send the SHI and the scope of services to Ms. Rust and Ms.Stanton.We would put an agreement in place between Reading and Stoneham for ' Gage 1 1