HomeMy WebLinkAbout2024-05-30 HAC Affordable Unit Monitoring Report1
Ziino, Genevey
From:Romy Maimon <RMaimon@haconcapecod.org>
Sent:Thursday, May 30, 2024 10:33 AM
To:Ziino, Genevey
Subject:HAC Affordable Unit Monitoring Report
5/30/2024
Zoning Board of Appeals
Jake Dewey - Chairman
Barnstable Town Hall
367 Main Street
Hyannis, MA 02601
Dear Mr. Dewey and Members of the Board,
This letter is to update you on the status of Affordable units in Hyannis for which Housing Assistance acts as
monitoring agent. As monitoring agent, we are responsible for ensuring the ongoing compliance by Affordable
unit owners with the terms of their Affordable Housing Restriction, including requests for refinancing, capital
improvements, and resale.
Below is a chart which breaks down any new updates for 2023.
Development Affordable
Units
Resales Capital
Improvements
Refinances Foreclosures
Cotuit Meadows 31 0 0 0 0
Settler’s Landing 5 0 0 0 0
Please contact us with any questions you may have. We look forward to working with you on future Affordable
housing developments.
Sincerely,
The Monitoring Team
At Housing Assistance Corporation
lotteries@haconcapecod.org
508-771-5400, ext. 284