Housing Authority Chair Buys Low Income Housing Development for One Million Dollars

- NEEDHAM, MA    On Wednesday November 4, 2026 Reg Foster,  Chair of the Needham Housing Authority, convened a Special NHA Meeting of the Board to discuss the use of the Needham Development Corporation (NDC) to be used, at this time, as an account, to receive and hold a donation of one million dollars from the Chair to further the purposes of the Housing Authority.

The officers of the NDC are proposed to be Jim Flanagan, Amanda Berman, and Cheryl Gosman, all Commissioners of the NHA.  Reg Foster was the original President of NDC, and while it was not viewed as a legal problem, it was considered better that the Chair Foster not appear to be giving a proposed donation from himself, as the donor, to himself as President of the NDC, while he is also Chair of the NHA, and in effect, as he has said, the unrecognized de facto Assistant Director of development, under Cheryl Gosman, the Executive Director.

The need here and now is to provide an unrestricted million dollar fund required by the primary lender - information about which is buried in the  web pages and communications of the NHA, which have not been available to the public.  I will reply to inquiries with information from the Board package, once I figure out how to access, acquire, copy and post this information.  

One thing for sure, we know who's going to get to pick the color of the siding, when and if construction starts in February 2027.   

...to be continued.