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Affordable Housing Trust
Meeting Minutes of September 16, 2024 11:30 am
In-person meeting in Community room, Lexington Police Department,
1575 Massachusetts Ave, Lexington
Affordable Housing Trust Board Members present: Elaine Tung, Chair; William Erickson, Tiffany
Payne, Mark Sandeen, Linda Prosnitz
Staff present: Carol Kowalski, Assistant Town Manager for Development; Ragi Ramachandran,
Administrative Assistant
Ms. Tung chaired the meeting and called the meeting to order at 11:37 am.
1. Preparation of Interviews of Affordable Housing Developers responding to the Lowell
Street Parcel 68-44 RFP
Ms. Tung requested the Trustees to fill out the site visit schedule so she can coordinate the visits
with the developers. The schedule will be shared with the proposal review working group so that
anyone interested from the working group can join. The site visits are for the Trustees to see the
developer’s properties that were preferably more than 10 years old and recently constructed
ones.
2. Interview Developers
Four developers were interviewed in alphabetical order at their scheduled timeslots. The
developers were Affirmative Investments, Causeway Development, Metro West Collaborative
Development, and Preservation of Affordable Housing (POAH). Each developer’s interview lasted
between 45 minutes to an hour.
During the interview, each development team introduced themselves, and had a 15-minute
presentation on their proposal. It was followed by questions from the Affordable Housing
Trustees and answered by the development team.
3. Adjourn
Ms. Tung requested a motion to adjourn the Affordable Housing Trust meeting. Mr. Sandeen
moved. Ms. Prosnitz seconded. The Trustees voted in favor of the motion 5-0-0, by a roll call vote
(Erickson – yes, Sandeen – yes, Payne – yes, Tung – yes, Prosnitz – yes).
The meeting adjourned at 4:04 pm.
The interviews were recorded by LexMedia and can be viewed here.