HomeMy WebLinkAbout2022-11-15 Affordable Housing Trust Minutes
North Andover Affordable Housing Trust
Meeting Minutes
November 15, 2022
Present: Laurie Burzlaff (remote), Christopher Jee, George Koehler, Joan Fitzgibbons, Richard Vaillancourt and
Robert Bernardin. Absent: Roger Lawson
Meeting was called to order at 5:33p.m. in the Select Board Meeting Room at Town Hall.
Approve minutes of September 20, 2022
Motion made by George Koehler, seconded by Robert Bernardin to approve the minutes of September 20, 2022,
as presented. Motion approved 4-0-2. Richard Vaillancourt and Joan Fitzgibbons abstained.
Update on Fountain Drive
Ms. Burzlaff explained there was some confusion at the meeting she and Mr. Koehler attended at the housing
authority. Cambridge Housing Authority gave a presentation regarding changing the Housing Authority’s revenue
structure and Section 8 housing. A concern was made by Ms. Burzlaff that the Housing Authority thought the Trust
was doing the Fountain Drive project and not just a funding mechanism. Mr. Bernardin explained that the Director
of the Housing Authority has indicated that she is aware that the Trust will be a funding source and it is a Housing
Authority project. Mr. Bernardin explained the repositioning is a good thing as it will generate revenue to help
build Fountain Drive. Mr. Bernardin will ask the Housing Authority Director to attend the next meeting to give the
Trust an update and provide a timeline. Ms. Burzlaff indicated thus far, the Trust has earmarked $350,000 for
design of the project and $50,000 for consultants.
180 Chickering, Unit 307C
Mr. Jee explained that the unit is on the market as an affordable unit, but if an eligible buyer is not found, the unit
can be sold and rider extinguished. The Trustees should think about purchasing if no buyer is found. Mr. Koehler
stated that the Trust should purchase if it ends up going to the open market and is going to lose its affordability.
Mr. Jee will ask CHAPA when the 120 day clock started.
Mr. Vaillancourt left the meeting for another meeting at 6:15PM.
Preparing/maintaining schedule of current and outstanding obligations
Mr. Jee explained that we need to track what is obligated and what is earmarked but not spent yet. Ms. Burzlaff
distributed the spreadsheet she created.
ADJOURNMENT
Motion made by Robert Bernardin, seconded by George Koehler to adjourn the meeting at 6:30PM. Motion
approved 5-0.
MEETING MATERIALS:
Minutes of September 20, 2022
Treasurer’s report
Allocation of funds spreadsheet