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2023-11-09-CPC-min
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2023-11-09-CPC-min
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12/15/2023 10:05:43 AM
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2023
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Thomas Case, Finance Dept Staff
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Town Clerk
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Minutes
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4 <br /> <br />a high priority on affordable housing and so there may be a willingness to seek alternative <br />funding, but commented that he could not make a prediction either way. Ms. Fenollosa asked if <br />the Select Board would seek AHT funding from the General Fund. Mr. Sandeen shared that the <br />Select Board has not had a conversation pertaining to alternative funding as of yet. Ms. <br />Fenollosa expressed concern that the Select Board is placing a large responsibility on the CPC to <br />be the sole funder of the Town’s affordable housing priorities and expressed interest in greater <br />dialogue between the Board and the CPC to better understand where the funding will come <br />from. Mr. Sandeen commented that he would be happy to share Ms. Fenollosa’s message to <br />the Select Board. Ms. Heitz asked if other applicants for CPA funding are also asked about <br />additional funding sources. Ms. Fenollosa explained that the CPC’s application includes a <br />question about additional and supplemental funding for projects. Ms. O’Brien added that <br />Recreation also utilizes CPA funding for specific types of capital projects in a way that is <br />different from a pre-funding request. Ms. Rhodes added that Recreation capital projects are <br />also vetted by the Finance Department to determine which projects are best funded via CPA, <br />Enterprise Fund, etc. Mr. Pressman commented that there is an expectation for Recreation to <br />receive funding from the tax levy and added that since the CPA was adopted, Recreation capital <br />projects, when applicable, have been funded solely by CPA. Mr. Pressman commented that <br />capital projects funded by the Enterprise Fund have all been at the golf course. Mr. Sandeen <br />commented that the Select Board in the past has also allocated ARPA funding for affordable <br />housing and has considered allocating Town-owned land as a contribution for affordable <br />housing. <br /> <br />Ms. Fenollosa commented that the CPC cannot make any decisions at this time as they have not <br />met with all applicants, but conveyed that affordable housing is a priority for the CPC. Ms. <br />Fenollosa thanked Ms. Tung for her presentation and for the information and comments from <br />her and the AHT’s advocates. <br /> <br />FY25 CPA Funding Request – LexHAB Affordable Housing Support, Restoration, Preservation <br />& Decarbonization- Ms. Morrison requested $478,865 for LexHAB’s affordable housing <br />support, restoration, preservation, and decarbonization in FY2025. LexHAB’s request includes <br />$90,700 for the preservation, rehabilitation, and restoration of seven CPA funded units; <br />$108,100 for the preservation of 19 non-CPA funded units; $91,000 for the rehabilitation for <br />decarbonization for five CPA funded units; and $115,740 for the support of six CPA funded and <br />13 non-CPA funded units. Ms. Morrison gave the CPC a presentation detailing the specifics for <br />each element of the project (see LexHAB’s FY25 CPA Application Presentation for more <br />information). <br /> <br />Mr. Hornig left the meeting at 5:21 PM. <br /> <br />Ms. Fenollosa thanked Ms. Morrison for her presentation and commented that all projects are <br />required to be vetted by Town Counsel, noting her uncertainty for painting’s eligibility. Mr.
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