Revere Trust forms fundraising and homeownership subcommittees; volunteers named for initial work

2092115 · January 9, 2025

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Summary

Board chair Joe Gravelizzi proposed and members volunteered to form two subcommittees to pursue fundraising/grant opportunities and to evaluate small-scale homeownership subsidy options; members agreed to limit volunteer membership to comply with open-meeting rules.

The City of Revere Affordable Housing Trust Fund Board agreed to form two subcommittees to pursue (1) fundraising and grant-writing opportunities and (2) evaluation of small-scale homeownership subsidy options.

Chair Joe Gravelizzi proposed the committees and asked for volunteers to keep momentum between monthly meetings. Several members volunteered: Matt Wolfer and Dean Harris volunteered to explore homeownership-market strategies; Enyo Osmarqui (treasurer) and Laura (last name not specified in transcript) volunteered for fundraising. Gravelizzi clarified a membership cap, noting that no more than half the board can be part of any subcommittee to remain in compliance with open-meeting rules.

Nut graf: The subcommittees are intended to do exploratory work between full meetings — scanning grants, speaking with brokers, and producing short reports on costs and models — and then report back to the full board for any policy or funding decisions.

Board members discussed possible deliverables: a short report on per-unit costs for small-scale owner-occupied subsidies, outreach to realtors/brokers, and exploration of foundation grant and event-based fundraising. Members agreed to meet between regular monthly sessions and to report progress at future full-board meetings.

Ending: Gravelizzi said he will circulate meeting invitations and begin convening the subcommittees in the coming weeks; no formal votes or funding commitments were made at the Jan. 8 meeting.