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HomeMy WebLinkAboutHousing Catalyst - Minutes - 03/26/2020Minutes Housing Catalyst Regular Board Meeting Thu March 26th, 2020 7:30am - 9:30am MDT 1715 W. Mountain Avenue, Fort Collins, CO 80521 In Attendance I. Attendance Commissioners: Nicole Staudinger, Cathy Mathis, Ann Green, Hep Wilkins, David Bye, Jennifer Wagner, Emily Gorgol Staff: Julie Brewen, Duane Hopkins, Kristin Fritz, Michele Christensen, Kim Iwanski Legal: Jim Martell Guests: Lizette Mill, Sue Beck-Ferkiss II. Call to Order Chairperson Staudinger called the meeting to order at 7:32 a.m. III. Citizen Input There was no citizen input. IV. Approval of Minutes a. Regular Meeting of February 20, 2020 Commissioner Wilkins made a motion to approve the minutes of the regular Housing Catalyst Board of Commissioner meeting on February 20, 2020. Cathy Mathis seconded and the motion passed unanimously. V. Action Items a. Downtown Development Authority Intergovernmental Agreement, Resolution 20-04 Jim Martell provided an overview of the Intergovernmental Agreement between Housing Catalyst and the DDA. Commissioner Mathis made a motion to approve Resolution 20-04. Commissioner Gorgol seconded and the motion passed unanimously. VI. Staff Updates a. Development Update Julie Brewen gave an update on current development projects. Staff is continuing to work on the CARE Housing Swallow rehabilitation. The Myrtle SRO rehab has been put on hold since that entails moving residents temporarily. It will remain on hold until this health crisis has passed. Other projects are continuing as scheduled. b. Village on Shields This agenda item was tabled for later discussion. 1. Uniform Relocation Act Monitoring 2. HVAC Systems c. Strategic Plan Review (Goal 3) For the sake of time, Ms. Brewen asked commissioners to please read the update and reach out to Julie or Michele Christensen if there are questions. d. COVID-19 Business Continuity Plan Ms. Brewen reviewed the business continuity plan. Property offices are closed to the public but staff maintain a presence at all properties. Resident Services and Property Management are working to reach out to residents, asking them to contact us immediately if they have any loss of income. Staff will work with residents to provide a 30 day relief on rent payments. They are helping people access unemployment benefits. Maintenance techs are remotely dispatched. They are prioritizing emergency work orders. Housing voucher staff is working on completing interim recertifications remotely. VII. Financial Statements Ms. Brewen provided an overview of the financial projections. She explained that staff is trying to estimate how many families may experience significant loss of employment/income. Duane Hopkins walked the board through a rental income stress test analysis and discussed ways to address the possible loss of rental income. a. 2019 Year End Financial Statements Ms. Brewen asked the board to review the financial statements. The Finance Committee has already reviewed the statements. VIII. Discussion Items There were no other discussion items. IX. Legislative Issues/Updates Regarding the Stay at Home Order: Ms. Brewen asked for the exemption for affordable housing that is listed in the language. Construction is exempt in both the state and county order, specifically construction for low-income housing. a. Colorado Legislative Update No updates. b. National Legislative Update No updates. c. Fort Collins City Council Legislative and Business Update Commissioner Gorgol said the city has been working with Housing Catalyst and Neighbor to Neighbor to asses the need for rent subsidies for people being impacted by job loss in the community. The city is determining how to leverage funding to address this need. Utilities is working with residents to figure out payment plans as needed. Resident utilities won’t be shut off for non-payment during this crisis. X. Legal Issues There were no legal issues to discuss. Jim Martell explained that the district court has suspended all evictions until June 2, 2020. The court will continue to hear emergency cases such as temporary restraining orders. XI. Other Business/Upcoming Events No other business was discussed. XII. Adjournment- Next Meeting Date: April 16, 2020 Chairperson Staudinger adjourned the meeting at 8:15 a.m.