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The Housing Trust discussed whether payment-in-lieu funds could support affordable housing elsewhere, while noting that this approach would mean one fewer affordable unit in a development. No decision was made, and feedback will be sought from the Planning Board.
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The Trust is considering alternatives to requiring an affordable unit in a development, including allowing a payment that could fund affordable housing in another location. Members also discussed a possible homeowner rehabilitation grant program tied to an affordable housing restriction, but neither program was adopted. The Trust will review guidance on creating a mission statement and action plan.
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