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Affordable Houing Minutes 02/21/2012
HUDSON MUNCIPAL AFFORDABLE HOUSING TRUST
78 Main Street – Town Hall
Hudson, MA 01749

Minutes of Meeting Held on
February 21, 2012 – 5:30pm
3rd Floor Conference Room, Town Hall

Members Present: Jennifer Burke                         Absent:  Tony Loura
                         Linda Ghiloni
                        Kevin Santos
                        Kerin Shea
                        John Parent

I.  Discussion of Resale/Foreclosure Notices
a. 250 Main Street, Unit 207
b. 1 Knotts Street
c. 250 Main Street, Unit 313 – Foreclosure
d. Blueberry Lane

Discussion followed regarding the four units above.  The Knotts Street condo had an application for purchase pending with CHAPA so no decision was made by the committee at this time.

The committee decided to look more closely at the Blueberry Lane house which is in the LIP Program, since it was a three bedroom and could accommodate an entire family.  Unfortunately, it was purchased by the current owner at $251,000 and would need to be sold at the current affordable price of $201,000. They requested that Mr. Santos make an appointment to look at the property with another member of the committee to see if the purchase would be feasible.

The Esplanade units are limited to over 55 and seem a lot less marketable. The foreclosure unit would require the committee to buy it or loose it.  

II. Future Meeting Schedule

III. Other Business
Ms. Burke will be away over the next couple of weeks and all emails regarding housing or CHAPA will be forwarded to Ms. Ghiloni

IV. Adjourn
Mr. Parent motioned to adjourn the meeting at 6:15pm, seconded by Ms. Ghiloni and carried…
Vote:   5-0 in Favor

Motion to Adopt:        Mr. Parent
Second:         Ms. Ghiloni
Vote:                   5-0-1 Mr. Peznola abstained
                        May 10, 2012