Affordable Housing Committee

Members

  • Elisabeth Elden
  • Holly Darzen, Clerk
  • Ruth Benett
  • Sue Myers
  • Todd Benjamin, Chair
  • Linda Escobedo, Select Board Liaison
  • Mary Hartman, Finance Committee observer
  • Linda Miller, Finance Committee observer

Purpose

  • Per amended Article 49 at the 2017 Town of Concord Annual Meeting, the Select Board was directed to:
  • “appoint a committee to study the affordable housing goals of the Town and recommend appropriate measures to fund those goals.  The committee shall, generally, be charged with the responsibility of studying and determining cost-effective means by which the Town may fund the continuing expansion of its inventory of affordable housing. “
  •  The Committee shall provide recommendations to the Select Board in a timely manner in order to prepare Articles for 2018 Town Meeting.


Background

Per amended Article 49 at the 2017 Town of Concord Annual Meeting, the Select Board was directed to appoint a committee to study the affordable housing goals of the Town and recommend appropriate measures to fund those goals.  The Town of Concord currently has a Housing Production Plan which is submitted to the Select Board for approval and certification every 5 years. The Housing Production Plan set goals and recommended initiatives on how to achieve them. Even with the Town’s efforts to obtain funding from CPA funds and various State and Federal grants as well as contributions from private development projects, the goals of the Housing Plan have not been met.  The Affordable Housing Funding Committee shall provide recommendations that provide the funding to effectively meet the Town’s Housing Production goals each year.

Membership

The Affordable Housing Funding Committee shall be comprised of seven members appointed by the Select Board, each for a term that will expire on May 1, 2018. The membership shall be as follows:

  • Two members of the Affordable Housing Community;
  • A member of the Planning Board;
  • A past member of the Finance Committee or other person highly familiar with Town finances;
  • A person familiar with Concord’s real estate environment such as an Architect, broker or builder
  • Two (2) members to be from the public at large

Duties and Responsibilities

  • To meet regularly and to elect a chair and clerk;
  • To focus solely on funding options that will support the annual goals of the Town of Concord’s 2015 Housing Production Plan (approximately $2 million per 2017 Annual Town meeting discussions of Article 49)
  • Gather information and research on various funding mechanisms that will support and sustain Concord’s community housing goals, including, but not limited to the following: CPA funds, the issuance of municipal debt, an annual appropriation from the General Fund and the use of fees or surcharge to building permit applications or property taxes. The Committee shall develop a report that provides recommendations to the Select Board so that an Article shall be included on the warrant of the 2018 Town meeting.

Other Considerations

The Affordable Housing Funding Committee is responsible for conducting its activities in a manner which is in compliance with all relevant State and local laws and regulations, including but not limited to Open Meeting Law, the Public Records Law and the Conflict of Interest Law. With the approval of the Town Manager, the Committee may consult with Town staff to discuss these matters.