The strategic plan, which was developed with the assistance of consultant Shelley Garing, outlines three primary areas of activity and includes a bold funding target of $4 million. The board is pushing for consistent contributions from the Community Preservation Act (CPA) while exploring alternative funding mechanisms, such as real estate transfer fees, to ensure financial stability for their projects. The board underscored the importance of community engagement.

An integral part of the board’s strategy involves the inclusionary zoning bylaw, which mandates developers to incorporate affordable units in their projects. The board anticipates a significant developer payment later this year under this bylaw and is considering amending it to allow for more flexibility in payment amounts based on varying property and market conditions.

The plan proposes strategies such as upzoning to facilitate the construction of “missing middle housing” and the introduction of pre-approved ADUs to streamline the building process.

The significance of addressing housing needs beyond students and seniors was a focal point. The board expressed concern over the lack of family housing options and emphasized the importance of having the right bedroom mix in affordable units to support families. There was also discussion on the necessity of small apartments or efficiency units for transitioning individuals from homelessness.

A noteworthy development is the collaboration with local colleges. Both Amherst College and the University of Massachusetts have recognized the need for affordable housing to retain faculty and staff. The board reported that Amherst College is identifying land for potential development, acknowledging housing affordability as a key priority for the institutions.

These initiatives aim to foster community interaction and gather valuable feedback for shaping housing policies.

The meeting also touched upon significant ongoing projects, including the redevelopment of the former VFW site into shelter plus supportive housing, funded by ARPA, and the anticipated release of a Request for Proposals (RFP) for a partner in this development. Moreover, the board is exploring the potential of utilizing the Southeast Street School property for affordable housing in collaboration with the architectural firm involved in the VFW project.

The board’s discussion on the Community Preservation Act highlighted its critical role in funding affordable housing projects.