Housing Coalition Discusses Strategies for Preserving Affordable Rental Units in Lakeville

In a recent meeting of the Lakeville Community Preservation Committee, discussions centered on the preservation of affordable rental units, highlighting the challenges and strategies involved in maintaining housing affordability in the community. The conversation underscored the importance of engaging with current property owners to understand their intentions regarding the future of rental units, particularly those nearing the end of their affordability restrictions.

Committee members emphasized the need for proactive communication with property owners to explore possibilities for extending affordability agreements. Some owners may be inclined to transition to market rates, which could significantly impact the availability of affordable housing in Lakeville. The discussion referenced a specific development, Lakeville Station in Kensington Court, which was developed under a 30-year affordability restriction set to expire in 2039. This timeline raises concerns about the potential loss of affordable units if no action is taken.

Participants noted that while it may seem premature to address these issues given the long timeline, it is crucial for the committee to remain vigilant and monitor developments. They suggested that planning efforts should intensify as the expiration date approaches, allowing for negotiations with new owners or developers who may be more amenable to maintaining affordability.

Additionally, the committee highlighted the lack of a dedicated planning resource for a community of approximately 10,000 residents, which could hinder effective housing strategy implementation. The absence of a formal housing partnership committee further complicates efforts to manage affordable housing initiatives. Currently, Middleborough Housing is administering Lakeville's affordable units, but the need for local oversight and planning capacity remains critical.

As Lakeville navigates these challenges, the committee's discussions reflect a growing awareness of the need for strategic planning and community engagement to ensure that affordable housing remains a viable option for residents in the years to come. The committee plans to keep these issues on their radar, recognizing that timely action will be essential to safeguard the community's housing landscape.