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able to sell the housing lot to a developer. Ms. Kreiger stated that she is nervous about renovation costs and proposes that the extra funds come out of the Historic Resources bucket since the home is on the Cultural Resources Inventory. Ms. Fenollosa stated that she is in support of that but most of the Historic funds are allocated towards debt and that mostly likely it would have to come out of the Unbudgeted Reserve. Mr. Hornig stated that we have the money it just cannot come out of the Historic bucket. Mr. Langseth stated that he shares the concerns about the rehabilitation costs but he is in strong support of this project and that it is a wonderful piece of land that he would hate to see sold to a developer. Mr. Pato stated that he is in agreement that this is a good project but he wants to make sure that LexHAB isn't saddled with something that is impossible. He would like to see a commitment that the Committee does not need to preserve the house and if we do it should come out of the Housing bucket. Mr. Pato stated that he would like for there to be Community Housing on the property. Mr. Pressman stated that he would like to leave the money that is currently in the Community Housing bucket alone for use for the Leary project. He would support the project if there was no money from the Community Housing bucket allocated to this project. Ms. Walker stated that she is worried about how much it is going to cost to renovate the home to create two units of housing. Money might be better spent creating housing instead of renovating it. This property value is that it is a historic and cultural resource and it doesn't have much value as affordable housing. Farmview was too expensive per unit to get funding from Mass Housing. The Committee needs to keep in mind how much money is going to be spent per unit. Ms. Walker stated that she would like to use the money from the historic bucket for the renovations and not Community Housing. Ms. Fenollosa stated that the house is on the Cultural Resources inventory and designed by an important architect and that the project is important regardless of which bucket the funding comes from. Ms. Fenollosa stated that the Committee does have goals and objectives for each bucket and that it is important to preserve a Historic Resource in Town even if it costs more to do so. Mr. Hornig stated that some of the discussion is getting hypothetical and it's clear that the Committee needs renovation estimates before any decisions can be made. If the Town does not buy the housing parcel there is no reason to think that a private buyer will preserve the home. Most likely the home and barn will be torn down. Ms. Walker stated that she would like to share the costs burden with Historic Resources. Mr. Hornig stated that the cost burden could not be shared with Historic Resources because there is no money left in the Historic Resources bucket for FY21. 3