[HISTORY: Adopted by the Town Board of the Town of Somers 5-14-1992. Amendments noted where applicable.]
There is hereby created an Affordable Housing Board of the Town of Somers. The Board shall consist of five members appointed by the Town Board to serve at its pleasure for terms of two years. From among the members of the Board, the Town Board from time to time shall designate a Chairperson. The Board shall meet at such times designated by the Chairperson or as the Board shall determine. Vacancies occurring other than by expiration of a term shall be filled in the same manner as original appointments for the balance of the unexpired term.
Members of the Board shall receive no compensation for their service but may receive, within an appropriation therefor, reimbursement for reasonable and necessary expenses incurred in the performance of their duties.
[Amended 3-8-2018 by L.L. No. 4-2018]
The Board shall have the following powers and duties:
To define, refine and provide oversight in the development and implementation of proposals for the Somers Affordable Housing Code utilizing the Affordable Housing Report as a guide.
To confer with banks and lending institutions for the purpose of identifying proposals to encourage affordable housing and to encourage such banks and lending institutions to identify and implement methods of reducing down payments, closing costs and mortgage rates.
To advise and consult with public officials and boards for the purpose of advancing affordable housing concerns.
To provide for public dissemination of information on affordable housing issues.
To periodically report to the Town Board on progress relating to affordable housing.
To monitor turnover and ensure long term affordability of housing units approved as Town of Somers affordable units in accordance with the requirements of Article XIA, Affordable Housing, §§ 170-60.4, Resale of affordable dwelling units, and 170-60.5, Affordable rental dwelling units, of the Code of the Town of Somers.