2023-07-19-LEXHAB-min - Laserfiche WebLink

Browse Search

• 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.