[Year-Round Housing Committee] Fw: Fw: mortgages in future obtainable?

Mlongreene2 at aol.com Mlongreene2 at aol.com
Fri Apr 6 14:52:12 EDT 2007


Hi Chris,   I am glad you are thinking about these things. The  solutions, I 
believe, lie in us crafting flexible conditions in the  agreements that keep 
in mind what our primary goals and reasons are  for having embarked on this 
project:
 
1. Assisting Long Islanders, (for the health and well being of the  entire 
community),  who want to live here permanently,  to  enter the nearly impossible 
housing market that has developed here. 
2.  To assist these same individuals to obtain housing at the  most 
reasonable costs possible (in spite of even small lots now selling for  upwards of 
$100,000!), yet be as fair as possible to all the taxpayers.
 
It would seem reasonable that we would craft agreements that will  not cause 
our YRHC candidates to run into the scenarios that you have  brought to our 
attention.  That is the goal of the brainstorming I am  asking all to be doing 
for the next and subsequent meetings.   Bring  reasonable solutions and 
conditions for the agreements that we  need to make up concerning the lease, the 
house to be built, the buyback, the  selection process,  and the process of 
deciding which land goes to  whom.   Those are the committee members assignments as 
noted in  the minutes of the last meeting.   
 
Keep your thinking cap on.    Thanks,   Mark



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