https://southborough.info/boards/affordable-housing-trust/ 2026-10-15T14:45:19-04:00 https://southborough.info/meetings/S_GDFNCBXyc 2026-09-23T12:00:00Z

The Southborough Affordable Housing Trust refined housing survey questions, reviewed landowner outreach flyers, and explored higher-yield investment options for its funds. The Affordable Housing Trust reviewed insights from a recent discussion with the Westborough Affordable Housing Trust and a presentation from affordable housing developer Penrose. Trustees discussed updates to a proposed 55-plus housing bylaw and revised housing-related questions for an upcoming townwide satisfaction survey. Members also reviewed drafts of an outreach brochure encouraging private land donations and agreed to investigate moving roughly $1 million in trust funds into interest-bearing investments.

https://southborough.info/meetings/GXZGc-hyvPg 2026-08-26T12:00:00Z

Affordable Housing Trust advances 55-plus zoning bylaw revisions, plans town survey questions, and explores new funding sources. The Southborough Affordable Housing Trust discussed drafting housing-related questions for the town's upcoming annual community survey, focusing on housing types, senior needs, and potential locations. Members reviewed updates to a proposed 55-plus housing bylaw revision that would remove unit caps and establish a 12.5 percent affordability requirement for spring 2025 Town Meeting. The board also examined funding options, including developer mitigation fees, Community Preservation Act grants, and higher investment yields for its $1 million fund balance. In addition, the trust coordinated a state technical assistance grant application and entered executive session to discuss potential land acquisitions.