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HomeMy WebLinkAbout2021-09-21 Affordable Housing Trust Minutes North Andover Affordable Housing Trust Meeting Minutes September 21, 2021 Present: Laurie Burzlaff, Roger Lawson,Christopher Jee, George Koehler, Richard Vaillancourt and Robert Bernardin Absent:Joan Fitzgibbons Meeting was called to order at 5:00 p.m in the Select Board meeting room at Town Hall. Approve minutes of July 13,2021 Motion made by George Koehler,seconded by Robert Bernardin to approve the meeting minutes of July 13, 2021,as presented. Motion approved 6-0. Vote for Administrator of the Down Payment Assistance Program Ms. Burzlaff requested proposals from Bread and Roses,Greater Lawrence Community Action Council and Merrimack Valley Housing Partnership to administer the down payment assistance program. Bread and Roses would run the program for$1,000 per applicant($100/hour)and Merrimack Valley Housing Partnership offered to administer the program for$2,700 per applicant. Greater Lawrence Community Action Council did not respond. Both would review process applications and remain with the buyer throughout the process. Motion made by Laurie Burzlaff,seconded by Richard Vaillancourt to enter into a one year contract with Bread and Roses Housing for the administration of the down payment assistance program at a cost of$1,000 per applicant with the requirement that Bread and Roses must provide quarterly reports to the Trust. Motion approved 6-0. Down Payment Assistance Program Ms. Burzlaff review the highlighted sections of the guidelines that needed attention.The trustees discussed the amount the buyer had to invest and agreed to stick with the 1.5%of the purchase price. The paragraph regarding repayment was corrected to read properly. Motion made by George Koehler,seconded by Laurie Burzlaff, to approve the guidelines and application as amended.Motion approved 6-0. Motion made by Richard Vaillancourt,seconded by Roger Lawson,to authorize the Chair to make non- substantive changes to the documents if necessary. Motion approved 6-0. ADJOURNMENT Motion made by Laurie Burzlaff,seconded by Richard Vaillancourt,to adjourn the meeting at 6:OOPM. Motion approved 6-0. MEETING MATERIALS: Minutes of July 13, 2021 Down payment assistance program application