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Trust approves execution of Richmond Meadows I regulatory agreement to deed‑restrict units at 80% AMI
3039869 · April 17, 2025
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Summary
The Affordable Housing Trust authorized the chair or designee to execute a regulatory agreement that will deed‑restrict Richmond Meadows I units at 80% of area median income in perpetuity; the select board is scheduled to execute the same agreement at its April 30 meeting.
The Affordable Housing Trust voted unanimously to authorize the chair or designee to execute the regulatory agreement for Richmond Meadows I, which places deed restrictions on the project’s units to keep them at or…
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