[Year-Round Housing Committee] March 28 YRHC minutes and "homework" assignments
Mlongreene2 at aol.com
Mlongreene2 at aol.com
Mon Apr 2 07:43:18 EDT 2007
Here are draft minutes from the last meeting. Feel free to come up with
additional criteria to discuss for qualification for candidates. I thought
last meeting was excellent in spite of the difficulty and personal nature of the
issues we were working on. Next meeting is Wed. April 11 at Town Hall.
MG
Town of Long Island
Year-Round Housing Committee Minutes
March 28, 2007
Present: Mark Greene (chair); Ruth Peterson (selectman); Leah Doughty; Mike
Maloney; Jonathan Norton; Katie Wegner; Amy Tierney; Will Tierney; Tammy
Hohn; Mary Nanos; John Billings; Lorinda Valls; Chris Papkee; Alden Robinson
(island fellow).
1. Meeting called to order 7:05 p.m. Previous meeting's minutes
accepted.
2. Old business:
Alden Robinson updated the committee on his trip to Camden National Bank's
affordable housing conference on the 20th. He talked to Joanne Campbell, of
CNB, who said that banks commonly give mortgages on ground-leased property,
provided the lease has a long enough term. She said Camden National would be
happy to help with Long Island's project, as would any number of similar banks.
Mark said that he had sent a description of the YRHC’s grant application
concept to the Island Institute's Affordable Coast fund, and had received an
encouraging response from Chris Wolff, the fund's administrator. If received,
funds from the grant would be used to make preliminary site improvements to
leased property such as septic plans and survey work.
3. New business:
The committee discussed the list of proposed selection criteria that were
submitted by members over the past two weeks.
Two categories of criteria were agreed upon:
a. eligibility criteria that a candidate must meet to qualify for the
program.
b. qualitative criteria to be used to make a priority list of
candidates who had met the basic eligibility
criteria.
The committee agreed on the following provisional eligibility criteria:
1. Bank pre-approval for a construction mortgage on the project.
2. Year-round resident of the island for a specified time period (to
be determined).
3. Willing and able to build within a specified time period (to be
agreed upon).
4. Maximum income and assets below a specified threshold (to be
determined); The committee planned to do further research into income and asset
limits and look into other islands' methods for a confidential selection
process.
The committee discussed the following provisional qualitative criteria:
1. First time homeowner (tabled)
2. Not a current property owner;
3. Immediacy of need (more questions needed to determine);
4. Involved in community life – either organization or employment
5. Number in household;
6. Family ties to the island.
7. PLEASE ADD OTHERS.
Assignments for the next meeting:
1. Participants will assign proposed point values to prioritize these
provisional criteria (1-least significant to 5 – most significant) for each
of these items.
2. Participants should also bring an initial list of proposed
conditions concerning the house to be built and ideas on buy back conditions should
the house need to be sold.
4. Next meeting scheduled for Wednesday, April 11th at 7 p.m. Meeting
adjourned 9:01 p.m.
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