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Concord trust approves Feb. 11 minutes, sets April 1 meeting; updates on Assabet River Bluff and SHI
Summary
The Concord Municipal Affordable Housing Trust approved its Feb. 11 meeting minutes by roll call (5 in favor, 1 abstention), scheduled its next meeting for April 1 at 5 p.m., and received staff updates on the Assabet River Bluff land‑disposition work, MCI Concord planning consultant engagement, and the town's subsidized‑housing inventory.
The Concord Municipal Affordable Housing Trust opened its March 18, 2025 meeting with a roll‑call vote to approve minutes from its Feb. 11 meeting. The motion to approve was made by Trustee Linda Escobedo and seconded by Trustee Rich Feeley. The roll‑call vote recorded five votes in favor, none opposed, and one abstention; the minutes passed.
During the meeting the trust set its next regular meeting for Tuesday, April 1 at 5 p.m. That date was selected to align with other bodies that will need authorizing votes related to an anticipated land‑disposition agreement (LDA) for the Assabet River Bluff site.
Staff updates and logistics discussed at the meeting included: - Assabet River Bluff: Town staff reported ongoing work on an LDA to coordinate the trust, the Concord Housing Development Corporation (CHDC), the Concord Housing Authority and Habitat for Humanity. A revised draft of that LDA was expected the following week and boards will need authorizing votes to execute the agreement. - Rothermill Place / Habitat build: Building permits had been issued for three units at 26, 36 and 48 Rothermill Place for Habitat for Humanity; the building commissioner indicated no site work had commenced at the time of the meeting. - MCI Concord: The town has contracted with Agency Landscape and Planning, funded by a state earmark, to lead planning and economic feasibility work for the former MCI Concord site; staff said housing is a state priority for the site and public engagement plans were being finalized. - Subsidized Housing Inventory (SHI): Town staff reported Concord had 919 SHI units (about 12.8% of the town’s year‑round housing), above the 10% statutory target. Staff also noted pipeline items: two CHDC Old Marlborough Road rental units with building permits and a potential 237‑unit 40B that could be added if approved; conversely, a separate 201‑unit 40B may be removed from the SHI if the developer does not pull a building permit within the required period.
Formal business concluded with a motion to adjourn moved by Trustee Rich Feeley and seconded by Trustee Mike Lawson; the motion passed by roll call and the meeting ended at approximately 6:53 p.m.
Ending: The trust took no other formal funding votes at this meeting and requested staff circulate the presentation slides from both outside presenters and follow up on outstanding items ahead of the April 1 meeting.
