2023-10-19-CPC-min - Laserfiche WebLink

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1 Minutes of the Community Preservation Committee Thursday, October 19, 2023 Remote Zoom Meeting Meeting ID: 948 2903 5881 4:00 PM Committee Members Present: Marilyn Fenollosa (Chair); Jeanne Krieger (Vice-Chair), Kevin Beuttell (arrived at 4:10 PM), Robert Creech, Lisa O’Brien, Robert Pressman, Mark Sandeen, Melinda Walker. Administrative Assistant: Thomas Case Other Attendees: Melissa Battite, Director of Recreation and Community Programs (arrived at 4:24 PM); Sandhya Beebee, Liaison, Capital Expenditures Committee; Michael Boudett (arrived at 4:23 PM), Capital Expenditures Committee; Caileen Foley, Executive Director, Lexington Housing Authority; Rodney Cole, Capital Expenditures Committee; Margaret Heitz, Housing Partnership Board; David Kanter, Vice Chair & Clerk, Capital Expenditures Committee; Carol Kowalski, Assistant Town Manager for Development; Carolyn Kosnoff, Assistant Town Manager for Finance; Charles Lamb, Chair, Capital Expenditures Committee; Wendy Manz, Chair, Housing Partnership Board; Sarah Morrison, Executive Director, LexHAB; Linda Prosnitz, Affordable Housing Trust; Lisah Rhodes, Capital Expenditures Committee; Kathryn Roy, Town Meeting Member; Elizabeth Rust, Director, Regional Housing Services Office; Elaine Tung, Chair, Affordable Housing Trust; Betsey Weiss (arrived at 4:08 PM), Vice-Chair, Housing Partnership Board. Ms. Fenollosa called the meeting to order at 4:04 PM. Community Housing Funding Discussion- The Committee discussed Community Housing funding with the Capital Expenditures Committee (CEC), the Affordable Housing Trust (AHT), the Lexington Housing Partnership Board (HPB), the Lexington Housing Assistance Board (LexHAB), and the Lexington Housing Authority (LHA). Ms. Tung gave a presentation on the AHT that addressed what an affordable housing trust can do; why, how, and when the AHT was created; the AHT’s relationship with LexHAB, LHA, and other developers; the AHT’s accomplishments to date; and the AHT’s FY25 CPA goals (see Affordable Housing Trust CPC Presentation dated 10-19-2023 for more information). The presentation noted that Community Housing has received the least amount of funding compared to the other CPA buckets and advocated for making-up the difference over the coming years. She anticipated that funding requests to the AHT for the period FY25 through FY29 could total $40.37 million. Ms. Fenollosa commented that despite Community Housing receiving the least amount of funding, the CPC has almost never turned down a Community