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HomeMy WebLinkAbout2025-06-18 Affordable Housing Trust Fund Committee MinutesOrR Town of Reading Meeting Minutes - -- Board - Committee - Commission - Council: Affordable Housing Trust Fund Date: 2025-06-18 Time: 7:00 PM Building: Town Hall Location: Berger Room Address: 16 Lowell Street Session: Open Session Purpose: Hybrid Meeting Version: Draft Attendees: Members In person: Pat Egan; Karen Rose Gillis, Select Board Liason; Margaret Donnelly -Moran Members Present on Zoom: N/A Members Not Present: Sherilla Lestrade; Jayna Stafford Others Present in person: Andrew MacNichol, Community Development Director Minutes Respectfully Submitted By: Olivia Knightly Topics of Discussion; Affordable Housing Trust Fund Committee Meeting Introduction MEETING HELD IN THE BERGER ROOM Mr. MacNichol called the meeting to order at 7:00 PM. • Mr. MacNichol provided a presentation to the board on their powers and general duties. He stated that the board maintains approximately $460,500. The presentation included relevant data on tracking the local subsidized housing Inventory and other local housing data. • Mr. MacNichol presented funding sources that the Trust can utilize, and the Committee had a brief discussion about funding mechanisms to sustain their work, followed by short-term actions to pursue. • The Committee further discussed additional support needs that would assist the Trust in getting started. Adjournment The meeting adjourned at 8:00 PM. t