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HomeMy WebLinkAboutMHC 04/13/2026Town of Mansfield —Mansfield Housing Corrtitfota Meeting Notes for April 13, �0 'Lo ' "k,,V. Attendees: Lou Amoruso, John Colbert, Ellen Spilewski, Nicholas Riccio, ihi-Hq I�nakAistant Director City of Taunton Office of Economic and Community Development 1 `,i` �' ` � Absent: None The meeting was called to order at 5:55 PM. Discussion of Erick Road and Bonnev Lane Prooert Mr. Jim Howland attended the meeting to discuss the opportunities available from the Greater Attleboro/Taunton Home Consortium for the development of this property. This consortium supports low Income housing development and improvements In 14 area towns Including Mansfield. Based on the site plan, Mr. Howland thought we should investigate putting in two townhouse units of 700 to 900 square feet each that would be sold to low income first time homebuyers. Funds are provided by the federal Housing and Urban Development Department (HUD) for the development of low income housing. HUD has a specific grant program for a committee of our type called Community Housing Development Organization (CHDOs). Mr. Howland stated that If we qualify as a CHDO that potentially $345,000 in grant funding would be available for our project. In addition, the consortium also can provide down payment assistance. The next steps for the Committee to receive grant funding are • Certify Corporation - Complete CHDOs checklist and submit to the consortium for this specific project. Mr. Howland will assist if there are questions on the form. This form was shared with committee and each member will work on completing and discussed at the May meeting. After submittal of the form to the consortium it will be reviewed and if acceptable certified Consortium will complete an environmental review of the site to determine if there are any environmental impacts that may impact this site. • Prepare a plan for the site. Mr. Howland will email several engineering firms as a starting point for committee to have site plan completed. • Send a letter to the consortium for the requested grant funding for approval. • Consortium votes to approve grant funding. Discussion of Greater Attleboro/Taunton Home Consortium Housing Rehabilitation Program Mr. Howland discussed a program to assist low income home owner improvement by a loan program. Some basic information follows: • Owner occupied homes are eligible excluding mobile homes and condominiums. • Income less than 80% of the medium Income of Mansfield • After a request is made Mr. Howland will come out to assess the property. He will call in contractors to get actual costs with the goal to fix everything. Then come up with a total cost for the homeowners review and loan approval. Loan Terms • Rate is 0%, • Monthly payment - $0 • Forgivable loan over time. Redeemable when property is sold. o If the property is sold in the first 5 years — 0% forgiven, 100% owed oAt year 6 it is 75% owed - 25% forgiven oEach year forward the percent owed drops until year 20 when it is totally forgiven. Jim will present at a Council of Aging meeting to get this program out to the Mansfield community if requested. Funding for this program is reinstated annually. Board Application for Revival An Application for Revival was reviewed by the board at the February meeting was submitted .and approved. Meeting Notes and Treasurer Report Meeting notes from February 9, 2026 and treasurer reports were voted for approval (Ellen Spilewski made motion to approve, Nick Riccio seconded). The notes and treasurer report were approved unanimously. The meeting was closed at 7:1013M. i