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HomeMy WebLinkAbout1984-09-026LEXHAB-min.pdf r `- RECE,VF( r r SELECTMEN LEXHABi. I is i;] 1984 L Minutes of the Meeting of September 26, 1984 Present Jean Gaudet, Dave Eagle, Bill Kennedy, Bill Hays, Don Wilson, Linda Conrad, Bea Phear Dave Eagle reported that the current balance in the Mass Municipal Depository Trust is $240,364 64. Appeal There was an initial meeting with the arbitrators Steve Politi, Mike Brown, and Alfred Busa. At that time Penny Haggerty presented her case and Bill Hays and Dave Eagle presented LexHAB's position. The arbitration panel has set its next meeting for October 2nd. It is hoped there will be a decision made at that time There was discussion about the substantial delays involved in arbitration Bill Kennedy suggested that it is always slow, and LexHAB should avoid it whenever possible Jean suggested setting a time limit for future arbitrations Bill Hays pointed out that the Board of Selectmen would have to amend the agreement if a time limit were to be set. It was thought that, if LexHAB were successful this time, there might be no further arbitrations, and an amendment suggestion to the Board was premature The same arbitration process works for appeals of rental decisions made by LexHAB As landlords, LexHAB makes its policies, but the difference is that there is judgement allowed. Potter Pond Jean had asked Bob Hutchinson for an update of the status of Potter Pond, but he had not gotten back to her Bea also tried to find out the status but had no information. Bea will continue to ask. If the money is to come to LexHAB on a per-unit basis, as they are sold, there may be no need to get interim financing; however it is delayed, LexHAB must start talking to banks. Staffing Jean talked to Jim McLaughlin about having staff assistance through the Lexington Housing Authority Apparently Rita Sullivan, the Executive Director, is reluctant, which leads Jean to think LexHAB might look elsewhere The LHA Board is in favor of a joint staffing arrangement Don Wilson will get clarification within a month. Bill Hays suggested that the condo documents and by-laws should be examined to check that tenants could complain directly to the resident manager, rather than always having to go through LexHAB Bea will try to get drafts of these documents [Note Marilyn Mairson does not have them. We will have to wait for Kirk's return. ] Buyers We have received 20 more names from Marilyn Mairson. She will be collecting the affidavits from them on September 29 and October 1 At those times she will sign them up for their LexHAB certification interviews LexHAB decided to do these interviews on Wednesday, octdber 10, starting at 7 00 pm. It is expected that there will be approximately 8-10 who will be interviewed. Conrad, Eagle and Kennedy volunteer to do this interview session. [It will be in room 201, Public Works. ] Tenant Selection Bea discussed some of her ideas about tenant selection and distributed summary sheets She said the concept of translating assets into "effective income" came from a system in Palo Alto California that had been presented at the Planning Board's housing conference two years ago Bill Hays suggested inviting Ellie Klauminzer to a meeting to expand on the idea. Bea's suggestions included setting a maximum income somewhat higher than the section 8 guidelines, but using a priority weighing system to give greater priority to those with lower incomes Similarly priority weights could be assigned to target populations such as Lexington affiliation, racial minority, physicalldisability, or unusual medical circumstances The number of points assigned to certain characteristics could be refined or rearranged, but Bea does recommend the concept If the goal is to reach somewhat deeper into the need group than the sales effort, she recommends counting all sources of income and using a 50% asset inclusion, after a $5,000 per person exemption. The eligibility for buyers does not address assets, and exempts non-taxible income such as social security The Selectmen will have to approve any recommendations by LexHAB It was queried whether there could be an informal discussion with the Selectmen regarding the concept of addressing assets prior to LexHAB's making a recommendation. There was discussion as to whether LexHAB's rental guidelines would apply to those owners who were granted permission to rent privately It was felt that the LexHAB guidelines might be too stringent, as an owner could be expected to need to meet his mortgage and expenses Bill Kennedy suggested that LexHAB set a target date for making recommendations Lexington Interfaith street Bill Hays said Interfaith owns six Garfield, units that were built with MHFA financing Now there is a proposal to make them cooperative, leaving the MHFA mortgage intact. But if Interfaith goes out of business, they need a repository for their equity at the end of the mortgage and is interested in transferring this to LexHAB. There must be a non-profit to rescue to copperative by the MHFA regulations This light interest LexHAB. Bill Hays thought it would also be useful to let it be known that LexHAB is interested in exploring ideas beyond Muzzey a By laws Bill Hays distributed draft by-laws for discussion at the next meeting They do not include a section on purpose, since that is already covered in the legislation. Next Meeting - Wednesdays October 10, 7.00 pm, room 201 - interviews by Conrad, Kennedy, and Eagle October 17, 8 00 pm, room 201 - regular meeting Respectfully submitted, Beatrice Phear Note I asked Bob Hutchinson about the Potter Pond status In his conversation with Bill Smith last week, there were three units close to sale at approximately $150,000 Bob does not know if any of those purchase and sale agreements have actually been signed, but will talk to Smith again soon. Bea understood that the money will go to LexHAB on a per unit basis, and that the sale of five units ought to be enough to cover the Muzzey purchase