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Resident urges Trust to examine rising condo fees in affordable ownership units
Summary
A Westford resident asked whether the Trust can help homeowners facing rising condominium fees and special assessments; committee members said the Trust likely lacks regulatory authority and recommended referring the issue to the Board of Trustees and reviewing by-laws and funding options.
Maureen George, a Westford resident, asked the Trust whether there are "restrictions, guidelines or any assistance to help affordable homeowners with these increasing expenses?" Committee members responded that the Affordable Housing Trust likely does not have authority to oversee or regulate condominium management decisions and suggested the issue be raised with the Board of Trustees.
Members discussed possible next steps: examine the Trust’s by-laws for authority or gaps, explore whether Community Preservation Committee funds could be used to assist owners with assessments, and consider placing fee restrictions in future deed restrictions. The committee agreed to investigate whether a cap on fees exists and to report back with options.
