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RECEIVED <br /> 2022 18 I . , 12A0 pin <br /> TOWN CLERK <br /> LEXINGTON MA <br /> The Affordable Housing Trust Study Committee (ad hoc) <br /> Meeting Minutes of April 27, 2022 <br /> Affordable Housing Trust Study Committee members present for the public meeting: <br /> Kathryn Roy, Chair; Betsey Weiss, Gretchen Reisig, Jeri Foutter, Carol Marine,Tara Mizrahi. <br /> Lexington Staff present for the public meeting: Carol Kowalski, Assistant Town Manager for <br /> Development; Kiruthika Ramakrishnan, Administrative Assistant. <br /> Non-voting liaison of the Select Board: Mark Sandeen <br /> Other Attendees: Randy Johnson Architect and chair of Natick's AHT, Elizabeth Rust RHSO, Bob <br /> Pressman. <br /> Ms. Roy conducted a roll call to ensure that all the members of the Affordable Housing <br /> Trust Study Committee (ad hoc) and members of staff present could hear and be heard. <br /> Ms. Roy chaired the meeting and called the meeting to order at 4:01pm. <br /> The meeting was recorded by LexMedia for future on-demand viewing. <br /> 1. Approval of Minutes of Meeting held on 04.13.2022 <br /> The Affordable Housing Trust Study Committee reviewed the draft minutes of the meeting held on <br /> 04.13.2022. Ms. Reisig moved that the committee approve the minutes of the meeting held on <br /> 04.13.2022, as presented. Ms. Marine seconded the motion.The Affordable Housing Trust Study <br /> Committee voted in favor of the motion. MOTION PASSED. <br /> 2. Address by Guest Speaker Randy Johnson <br /> Ms. Roy introduced Mr.Johnson to the committee. He is chair of the Natick Affordable Housing <br /> Trust and an architect who works on affordable housing. Mr.Johnson gave a brief history of how the <br /> Affordable Housing Trust was formed in Natick. Mr.Johnson explained that in 2007,the Community <br /> Development Advisory Committee (CDAC)was formed in Natick, which was in charge of creating the <br /> Housing Production Plan. CDAC came up with the recommendation to form the Affordable Housing <br /> Trust. Neither the Finance committee nor the Select Board had a recommendation either way.The <br /> Affordable Housing Trust Study Committee presented their declaration of trust to the Town Meeting <br /> and an Affordable Housing Trust was established in 2008. No funding was requested and no projects <br /> identified.The only specifics were the powers of the trust. They are always marginally over the 10% <br /> of SHI units. But the Affordable Housing Trust is to create affordable housing, not to shield the town <br /> from the 10%margin on 40B. <br /> 1 <br />