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HomeMy WebLinkAbout2007-07-18-HPB.min Lexington Housing Partnership Meeting Minutes for July 18, 2007 Attendees: Lexington Housing Partnership members: Melinda Walker, Florence Baturin, Mary Haskell, Bill Carlson, Ken Kreutziger, Paul Linton, Bob Bicknell, Jeri Foutter Guest: Judi Barrett Bob Bicknell chaired the meeting; Harriet Cohen took the minutes. The meeting was called to order at 7:11 pm. 1. Open Meeting The approval of the May minutes was approved unanimously pending (a) a correction to the spelling of Mr. Kreutziger’s name; (b) an update the date of the next meeting; and (c) the addition of Tom Harden to the list of meeting attendees. 2. Review of Judi Barrett’s report on Affordable Housing Buy-Down Assistance The question that Ms. Barrett was asked to investigate is: if the community wanted to create some affordable housing opportunities working with existing housing stock, in particular, single family homes through a purchase buy-down program, what would that program look like? The results of her research to answer this question are contained in the report entitled Lexington Housing Partnership Affordable Housing Buy-Down Assistance for Moderate- And Middle-Income Homebuyers: Models, Issues and Recommendations. There was significant discussion about the report, its recommendations and next steps. The Partnership did not reach consensus on whether to accept the report or to recommend it Town Meeting in its current form. Ms. Barrett was asked to make some modifications to the report and re- send it to the Partnership for further review. The meeting was adjourned at 9:11 p.m.