[yrhcworking] Parcel advertising??

[Mlongreene2 at aol.com]

Year Round Housing  Corporation 
Town of Long  Island 
Wharf Street - Box 263 
Long  Island,  Maine  04050 

Mark Greene, Trustee, President                                               
                                        Leah Doughty,  Secretary 
Tammy Hohn, Trustee, Vice-President                                           
                                   Stephen Train,  Treasurer 
Amy Tierney, Trustee                                                          
                                     Ruth  Peterson, Registered Agent 
Sandra Scheurman,  Trustee 
Newell Stewart, Selectman  Trustee 
April 8, 2009 
To:    YRHASC   
Subject:            April 7, YRHCorp:   Property available for Lease to 
Homesteaders 
Last night’s YRHCorp meeting was a productive one, although shy of many  
participants. 
Although the minutes are not yet available, we did pass the two proposed  
amendments to the Lease that were suggested by YRHASC.      We also had a  wide 
ranging discussion on future goals and needs including projects that might  be 
tackled by the present and future potential Island Fellows. 
Kate Power had forwarded me some information about  potential up coming 
monies that might be available soon for assistance to new  home owners and 
builders.  Here is  the summary of that:  

I spoke with  Aaron Shapiro of the Cumberland County Community Development 
this morning  regarding the HOME program. He will be contacting you at some 
point (soon, I  think) to go into a little buit more detail as to how YRHC could 
benefit from  the funds, but here is what he told me:

-YRHC would be eligible for  funds, even with 501(C)3 status.
-There is potentially $500,000 coming from  stimulus funds into CCCD for the 
HOME program, to be distributed only to towns  in Cumberland  County
-The money would  be primarily used for mortgage assistance, whether it be 
for first-time home  buyers, negotiating second mortgages or other financial 
assistance.
-It is  possible there will be money for development
-Long-term affordability of  housing is the main objective of the program. 
Since these funds are going to be available shortly it  seems,  we discussed 
last night the  wisdom of getting our available properties advertised sooner 
rather than later  so that if someone is going to move forward,  this may be of 
assistance.  We wanted to run this by your committee  to see if this makes 
sense, even though the application process is not yet quite  fine tuned.    If 
this can  work, we will begin advertising the 3 available properties 
immediately and have  them contact ________________?  to  at least register an interest 
to begin the application process when it is  ready.    
Thanks,    Mark 



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