HomeMy WebLinkAbout2021-05-04 Affordable Housing Trust Supplemental Materials
North Andover Affordable Housing Trust
Meeting Minutes
May 4, 2021
Present: Laurie Burzlaff, Roger Lawson, Christopher Jee, Joan Fitzgibbons, George Koehler and Robert Bernardin
Absent: Richard Vaillancourt
Meeting was called to order at 5:30 p.m
Chairman Burzlaff read the following:
Pursuant to Governor Baker’s March 12, 2020 Order Suspending Certain Provisions of the Open Meeting Law, G.L.
c. 30A, §18, and the Governor’s March 15, 2020 Order imposing strict limitation on the number of people that may
gather in one place, this meeting of the North Andover Affordable Housing Trust will be conducted via remote
participation. No in-person attendance of members of the public will be permitted but every effort will be made to
ensure that the public can adequately access the proceedings as provided for in the Order. Persons who would like
to listen to the meeting while in progress may do so by tuning in on their televisions to Comcast Channel 99 or
Verizon Channel 28 or online at www.northandovercam.org. If you have public comments, please email
lburzlaff@northandoverma.gov.
Approval of Minutes from March 2, 2021
Motion made by Robert Bernardin, seconded by Roger Lawson to approve the meeting minutes of March 2,
2021, as presented. Roll call vote: Koehler-yes; Jee-yes; Bernardin- yes; Fitzgibbons-yes; Lawson-yes; Burzlaff-yes.
Motion approved 6-0.
Vote on recommendation for Town Meeting Warrant Article 7
Ms. Burzlaff explained that the warrant article was submitted to make our bylaws consistent with the 2016 change
in the law. This will now allow the trust to use funds to support affordable housing in addition to creating and
preserving.
George Koehler made a motion, seconded by Joan Fitzgibbons to recommend Favorable Action on Town Meeting
warrant article 7. Roll call vote: Bernardin-yes, Fitzgibbons-yes; Jee-yes; Koehler-yes; Burzlaff-yes. Motion
approved 6-0.
GLCAC request to transfer remaining $133.41 from Emergency Rental Assistance program to HOME Rental
Assistance Program and approve payment for March and April
The Trustees were given a copy of the monthly reports from GLCAC and the invoice submitted for March and April
assistance payments.
George Koehler made a motion, seconded by Roger Lawson to transfer the remaining $133.41 from the
Emergency Rental Assistance Program to the HOME Rental Assistance Program and authorize the chair to
review and approve invoices for payment of bills not to exceed $60,000 from GLCAC for the long term rental
assistance program. Roll call vote: Bernardin-yes, Fitzgibbons-yes; Jee-yes; Koehler-yes; Burzlaff-yes. Motion
approved 6-0.
Affordable housing fact sheet update
Mr. Koehler provided the information for the fact sheet. Director of Community and Economic Development,
Andrew Shapiro is working on using the facts to draft a flyer with graphics. The Trustees will discuss at the next
meeting.
Discussion regarding down payment assistance program
Mr. Jee provided the Trustess with an outline of options for the program and explained the various decisions the
Trustees would need to make. Ms. Burzlaff will research whether a deed restriction is required in order to provide
funding. For the purposes of drafting the guidelines for the program, the Trustees agreed to the following: the loan
would be forgivable after 10 years, zero interest, assistance would be 10% of purchase not to exceed $30,000,
limited to just down payment (no closing costs), cap of $75,000 in assets, must be a principal residence, buyer
must put down 1.5% of their own funds, for single family or condominiums only and the price cannot exceed
appraised value. Given the time limitations on their meeting, the Trustees agreed to discuss further at their next
meeting. Ms. Burzlaff will contact Mass Housing Partnership to inquire about third parties to administer the
program and also how to involve ONE Mortgage.
Treasurer’s report
The fund balance is $773,589.83.
Discussion on funding program to assist residents below 30% AMI
This matter was table until the next meeting.
Vote for new chair
This matter was tabled until the next meeting.
ADJOURNMENT
Robert Bernardin made a motion seconded by George Koehler to adjourn the meeting at 6:35PM. Roll call vote:
Bernardin-yes, Fitzgibbons-yes; Jee-yes; Koehler-yes; Lawson-yes; Burzlaff-yes. Motion approved 6-0
MEETING MATERIALS:
Minutes of March 2, 2021
GLCAC report
Affordable housing fact sheet
Down payment assistance program outline
Bank statement