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Trust reviews best-practices roadmap for disposing trust-owned property and RFP steps
Summary
Staff presented a step‑by‑step roadmap, developed with Massachusetts Housing Partnership (MHP), for declaring Trust‑held properties surplus and disposing them via RFPs or sales to housing organizations. Trustees discussed AMI targets, RFP roles, and potential partnerships with organizations such as Habitat for Humanity.
Trust staff presented a step-by-step process June 17 for disposing Trust-held properties — a roadmap developed with technical assistance from the Massachusetts Housing Partnership (MHP).
Christie (staff) told trustees that the first formal step is for the Trust to vote to declare a property surplus. Staff would then work with finance to propose objectives and a pricing strategy and return to the Trust with recommendations (for example, whether a parcel should target homeownership…
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