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Southborough CPC debates MOA language, sunset clauses and disbursement steps for housing allocations
Summary
Committee members discussed language for a memorandum of agreement (MOA) with the Affordable Housing Trust, including sunset timing for unused funds, the disbursement process after Town Meeting and reconciliation of prior transfers that may need to be returned to the CPC account.
Members of the Southborough Community Preservation Committee spent a large portion of their meeting reviewing draft MOA language governing transfers to the town’s Affordable Housing Trust and how unused funds should be handled.
Committee members flagged three issues as priorities: clear language tying an allocation to the “project” the application describes, a sunset or return mechanism for unused allocations, and a documented disbursement process so transferred funds do not remain inactive in the Trust. “So after if…
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