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HomeMy WebLinkAbout2023-07-19-LEXHAB-minLexington Housing Assistance Board Annual Meeting Agenda/ Monthly Board Meeting Minutes July 19, 2023 4-6 pm – Conducted in the Hudson Room, Cary Hall Call to Order A meeting of the Lexington Housing Assistance Board (LexHAB) was called to order at 4:05 pm. LexHAB board members present were Bob Burbidge, Les Savage, Tara Mizrahi, Henry Liu, Russ Tanner, Eric Brown, Jonathan Silverstein. Sarah Morrison (LexHAB Executive Director), Pearlene Varjabedian (LexHAB Housing Director) and Regina Brown (LexHAB Finance Director) were also in attendance. Minutes review of Meeting Minutes A motion was made and seconded to approve June 14, 2023 meeting minutes. All approved. Reports had been emailed out ahead of meeting Executive Director Report: • Purchased 80th property and working on the SHI process. Thank you again to Lester!! • Have a ribbon cutting- can coordinate as soon as possible. Maybe coordinate with team photo. • We are receiving the $50,000 Clean Energy Grant! • Call to Art with LexArt will go out soon • Request to repair fence at 1009 Mass Ave- we have a unit at 1003 Mass Ave. The neighbors own the fence and it is on their property. They have asked if we would pay for it even though they have not claimed that we have damaged it. Board listened but politely declined funding it. Housing Director Report • Discussions around Minimum Rents and Grandfathered Tenants, Income Verification and Transfer Policy, Income/rents for new units—Henry, Russ and Tara will look into more. • Income Verification- Clarification of income verification policy discussed using HUD 24 CFR 5.609 except for DHCD regulated units which where we will follow DHCD regulations (pending Jonathan’s approval)- there is only one small difference between the DHCD regs and the Hud regs. Treasurer’s Report- Henry • Want to think about new budget for next year as we look at re -structuring of organization. Budget 2024 committee needed. • Cambridge Trust- working to get online banking- should be able to make things more timely • Future Rent Structure for units-– Russ, Henry, Tara to look into • How much cash do we need on hand? Capitalized Reserves- needed. Liquidity Needs for future development. Liquidity needs to move quickly on some opportunities. Sustainability- Regina • Solar- received final proposal from Sun Bug- They came in under budget- have been very good to work with so far. Legacy Campaign/Property Development • Sarah still working with 2 that are still possibilities from the initial interest • 9 Kimball—pushing for more energy rebates—have only approved insulation—asking about heating, hot water and roof. We are first on list with Minuteman when they goes back to school. • Woburn Street- Les called for lead inspection. • This Old House—Henry keeps letting them know about LexHab • Discussion of looking at parcels for multi-unit projects. Look at 6 units maybe- HC units at first level and walkups. Push one-bedrooms. Farmview units as example. Les and Eric can work together and Les will go discuss opportunities with the Planning Board • Looked at a property for development- will discuss in Executive Session Human Resources • Need to analyze data and information that Bob has come up with. Reviews are done. Questions on as we move forward. Health Insurance/ICRA/What else is available out there. Eric Brown will join Bob. LexHAB Transition • Bob testified in June with Carol K and Joe Pato (at State House). Michele Ciccollo pushing to release it out of committee soon. She thinks that they may want to be releasing as a batch. She will reach out to the Speaker’s office to see if it can move quicker. • MOU Committee—We owe a proposal back to the Town. Group will look to meet in a few weeks after summer craziness Community Building Award • Would be great if we did this every year. What might a process be? Try to make it a broad brush- easier to keep it going. Could we also do on Patriot’s Day? Les, Bob, Jonathan New Business • Muzzey Board – Bob and Les submitted nomination papers. LexHab owns 12 units out of 92. Meeting tomorrow night • Units – Board members would like to see some of the units. Would like to see a variety of units. Pearlene will schedule something in the next few weeks. The next meeting has been scheduled for Wednesday, September 6, 2023 @ 4:00pm in person at the Hudson Room in the Cary Memorial Building. Motion to Adjourn Open Session at 5:21 The Chair moved to adjourn the Open Session and go into Executive Session to discuss strategies in preparation for negotiations with nonunion personnel and with respect to discuss lease or value of real property that to discuss in an open meeting would have a detrimental effect on the negotiating position of the public body. The motion was seconded. The motion was approved by roll call vote. All approved.