HomeMy WebLinkAboutHousing Catalyst - Minutes - 12/17/2020Housing Catalyst Board of Commissioners Meeting
December 17, 2020
Attendees
Commissioners: Nicole Staudinger, Cathy Mathis, Hep Wilkins, Jennifer Wagner, Ann Green, Emily
Gorgol, David Bye
Staff: Julie Brewen, Michele Christensen, Kristin Fritz, Duane Hopkins, Traci McGraw, Angelika Lintner,
Brian Heckart, Carly Johannson, Josh Suppes, Kim Iwanski
Legal Counsel: Jim Martell
Guest: Lindsay Ex
Call to Order
Chairperson Staudinger called the meeting to order at 7:30 a.m.
Approval of Minutes from November 19, 2020
Commissioner Green made a motion to approve the Housing Catalyst board meeting minutes from
November 19, 2020. Commissioner Wilkins seconded, and the motion was passed with Commissioner
Bye abstaining from the vote.
Action Items
Resolution 20-20 Volunteers of America Senior Housing, Cadence
Chief Real Estate Officer Kristin Fritz explained the purpose for this resolution authorizing Housing
Catalyst’s role as special limited partner with Volunteer of America’s senior housing community,
Cadence. Housing Catalyst will be issuing vouchers at this community as well. The Letter of Intent was
previously approved by the board almost two years ago.
Commissioner Wilkins made a motion to approve Resolution 20-20. Commissioner Green seconded, and
the motion was passed unanimously.
Resolution 20-21 Banking Authorization for Swallow Road, LLC
Resolution 20-22 Banking Authorization for Housing Catalyst Development Services, LLC
Ms. Fritz explained these resolutions authorizing Housing Catalyst to open bank accounts for the newly
formed entities for the Swallow Road project. This step will finalize the entity formation. The legal
process requires bank accounts for the new entities and banks require this resolution for all entities that
open bank accounts.
Attorney Jim Martell stated that there are no board member conflicts of interest related to either of
these resolutions.
Commissioner Mathis made a motion to approve Resolution 20-21. Commissioner Wagner seconded,
and the motion was passed unanimously.
Commissioner Bye made a motion to approve Resolution 20-22. Commissioner Wilkins seconded, and
the motion was passed unanimously.
HUD Annual Agency Plans for Housing Catalyst and Larimer County
Chief Operating Officer Michele Christensen said these Agency Plans are required by HUD each year.
There are no significant changes to the Agency Annual Plans. The only addition is that staff will project-
base some vouchers.
Commissioner Green made a motion to approve the HUD Annual Agency Plans for Housing Catalyst and
Larimer County. Commissioner Wagner seconded, and the motion was passed unanimously.
CEO Succession Plan
Chief Executive Officer Julie Brewen explained this plan was previously approved by the board. Since the
organization was restructured earlier this year, this plan was revised to reflect the organizational
changes.
Commissioner Bye made a motion to approve the updates to the CEO Succession Plan. Commissioner
Mathis seconded, and the motion was passed unanimously.
Staff Updates
COVID Business Continuity
Ms. Brewen reported that offices are continuing to operate with limited staff onsite. Ms. Christensen is
working on efforts to include staff at homeless shelters and permanent supportive housing communities
in the Phase 1 COVID vaccine rollout.
Housing Catalyst had four cases of staff with coronavirus within 2 weeks. Only two employees were in
the same location. The outbreak has been resolved per Larimer County requirements and reporting.
There have been no staff member positive cases since that time.
Emergency Rent/Housing Stabilization Efforts
Ms. Brewen said staff have maximized utilization of the Colorado Division of Housing Emergency
Housing Assistance Program (EHAP) which is expiring and awaiting direction about how to access the
Property Owner Protection (POP) emergency funds on behalf of residents.
Development Pipeline
Ms. Fritz and Manager of Real Estate Development Carly Johansson presented an overview of the
development pipeline for the next five years which included timing of funding applications and use of
owner capital and sale proceeds from the Section 18 Disposition
Ms. Fritz explained that the use of proceeds plan includes money for ongoing resident services.
Ms. Brewen reminded the board this is an internal plan and a working document, and as such it is not in
a format to be shared with the neighborhoods involved in these development plans at this time because
Housing Catalyst strives for comprehensive and intentional resident and neighborhood engagement and
feedback solicitation Staff will develop specific strategic communications plans for sharing with the
residents as appropriate.
Legislative Issues and Updates
Colorado: Ms. Brewen said a private developer is proposing legislation to grant private developers the
same real estate tax abatement that housing authorities receive. Ms. Brewen briefly mentioned reasons
why public housing authorities are much better gatekeepers of local resources in this respect.
National: Chief Financial Officer Duane Hopkins provided a national update. Another COVID relief
package is being debated in Congress. The CDC eviction moratorium has been extended to January 31,
2021. Some unemployment stimulus is included that will expire in March 2021. There is a one-time
proposed stimulus payment being discussed as well. Mr. Hopkins said Marsha Fudge will likely be the
next HUD secretary.
Fort Collins: Commissioner Gorgol provided an update on City Council matters. The ad hoc committee
for housing has continued to meet. City Council plans to adopt the 5 Year Housing plan in February.
There was a city discussion about Metro Districts last month. Commissioner Gorgol thanked Ms. Brewen
and staff for educating her in the issues around affordable housing and impacts of policies being
considered.
Other Business
Open Board Seats: Chairperson Staudinger’s and Commissioner Green’s first terms have ended.
Commissioner Green has reapplied for a second term on the board. The Board discussed the current
skills and experience represented on the board at this time, giving input for Ms. Gorgol to consider in
the selection process as part of her City Council role.
Executive Session
Commissioner Mathis made a motion for the Board of Commissioners of Housing Catalyst go into an
Executive Session pursuant to C.R.S. § 24-6-402 (4) (b) and (f) for the purpose of discussing a personnel
matter and receiving legal advice regarding the matter.
Commissioner Bye seconded, and the motion was passed unanimously. The board began the executive
session at 8:47 a.m. The executive session ended at 8:58 a.m.
CEO Annual Performance Review and Compensation
The Board thanked Ms. Brewen for her work and dedication to Housing Catalyst and the community in
2020. A motion was made by Commissioner Mathis, seconded by Commissioner Green to approve the
Board Executive/Compensation Committee’s recommendation. The motion was unanimously approved.
Adjournment
Chairperson Staudinger adjourned the meeting at 9:00 a.m.