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HomeMy WebLinkAbout2025-01-14 Affordable Housing Trust Minutes North Andover Affordable Housing Trust Meeting Minutes January 14, 2025 Present: Laurie Burzlaff, Richard Vaillancourt, Robert Bernardin, Peter Koesterherm, Joyce Pinkham and Janice Phillips. Absent: Joan Fitzgibbons Meeting was called to order at 5:00PM in the Select Board Meeting Room at Town Hall. Approve minutes of November 19, 2024 Peter Koesterherm made a motion, seconded by Janice Phillips to approve the minutes of November 19, 2024 as presented. Motion approved 6-0. T Mr. Bernardin reviewed the financials. No major changes. The unencumbered available balance is $398,697. Discussion and possible vote on proposal from Habitat for Humanity A draft agreement with Habitat was provided to the Trustees for review. Mr. Koesterherm asked whether payments would be made in advance or at end of project. Ms. Burzlaff stated Habitat would send a letter with information on the approved project and amount they are requesting. Funds would be disbursed when the project was complete. Added language about condominiums to match proposal. Language in agreement allows for some flexibility. Paragraphs 1-9 is the overall agreement and the Addendum outlines the specifics of how each grant is handled. Motion made by Janice Phillips to allow Rob Bernardin and Town Counsel to work with Habitat for Humanity to draft a final agreement for approval by the Trust, seconded by Joyce Pinkham. Motion approved 6-0. Discussion with Center for Assistance to Families regarding Brown Court projects Damaris Frias-Batista and Annmary Connor were present to give the update. AnnMary indicated that they are in the process of submitting an application to change the zoning for 20 Brown Court to push the house back. This will allow for 2 units at 20 Brown Court and 4 at 14-16 Brown Court. 14-16 is under agreement; however, Ms. Burzlaff noted the agreement expired last year. The Trustees encouraged CAF to get a new agreement signed ASAP. The trustees asked how they are funding the projects. AnnMary stated they are applying for a Neighborhood Assistance grant. If they do not receive that, they will seek other grants/loans. Mr. Bernardin asked for CAF to provide a pro forma. CAF will come to the next meeting with that information. Ms. Phillips suggest CAF apply for a federal earmark. Ms. Connor also informed the Trust that 13 Annis Street is in foreclosure and they are working with the owner and the bank to find a new owner. Approval of application to Community Preservation Committee The application is for $200,000 to be used for upfront costs to build 6 units at the Fountain Drive property owned by the Housing Authority. Motion for to approve and submit the application for Community Preservation Funds made by Janice Phillips seconded by Robert Bernardin. Motion approved 6-0. ADJOURNMENT Motion for adjournment made by Janice Phillips seconded by Robert Bernardin at 6:04PM. Motion approved 6-0. MEETING MATERIALS: Minutes Financials Draft agreement