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HomeMy WebLinkAbout2008-04-22-LEXHAB-MIN ,00S MON oc- 1/0 3 APRIL 19' 4- 3(iNUC° LEXINGTON HOUSING ASSISTANCE BOARD, INC. 4 MILITIA DRIVE, SUITE 3 LEXINGTON, MASSACHUSETTS 02421 (781) 863-5362 Minutes for April 22, 2008 Present: William Hays, Gerald Howell, David Eagle, William Kennedy, Martha Wood and Patricia Nelson Bill Hays gave the report on Town Meeting request for CPA funds with Housing Partnership. $25,000 approved Bill Kennedy gave the LexHAB annual report and our request for money to pay off our loan to buy three units at Parker Manor. It passed, but there are questions if they qualify under 40B. The Town Planner, Aaron Henry came before the Board to discuss 40B, and the changes they want to make to our rules and regulations. Jefferson Union development will owe us $200,000 ater their second to last sale is completed. Bill H. received a call from a unit at Parker Manor to see if we would be interested in buying his unit. Board Members will look at it. The Minutes for March were approved with the addition of Martha Wood present. The Treasurer's report was approved. Dave gave the Board members a booklet from MMDT. The Board agreed to move one million from Schwab account to MMDT. Martha suggested that applications should be left at Town Hall and the Library. Pat discussed the reimbursement from the Emerson Gardens Trustees for the damage done to our unit by a bursed pipe and the Board decided to accept it. The next meeting will be held on Tuesday, May 13. Respectfully submitted, .--= Joan N. Wall CO