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HomeMy WebLinkAboutAffordable Housing Board - Minutes - 10/07/2004CITY OF FORT COLLINS AFFORDABLE HOUSING BOARD MEETING MINUTES 281 N. College Ave. Fort Collins, Colorado October 7, 2004 4-6p.m. Kay Rios, Chair Isabel Garity, Vice Chair Ken Waido, Staff Liaison, 970-221-6753 Marty Tharp, City Council Liaison, 970-484-5711 Board Members Present: Kay Rios, Isabel Garity, Jon Fairchild, Joe Herbert, Jane Phalen, Denise Rogers and Peter Tippett. Staff Present: Maurice Head, Ken Waido Council Members Present: None Guests: Sandra Gibson, Senior Advisory Board; Tom Honn, Fort Collins Housing Authority Board and co-chair of the Affordable Housing Coalition for Larimer County Chair Kay Rios called meeting to order with a quorum present at 4:05 p.m. Ooen Public Discussion None. New Business Minutes The minutes of September 2, 2004, were corrected as follows: One page 3, in the last full sentence of the last paragraph, the word "said" was added after "Mr. Waido". The minutes were unanimously accepted as corrected on a motion by Peter Tippett seconded by Denise Rogers. Development Fee Comparison Staff provided answers to four questions from the Board about the data presented at last month's meeting in the meeting information packet. The answers clarified the source and definition of some of the figures. After discussion, the Board still found it extremely difficult to compare the impact on affordability of development fees across different jurisdictions. Maurice Head reported that the Advance Planning Department is preparing a Request for Proposals for preparation of an Affordable Housing Index to address this problem. The index will look at a wider range of variables that Fort Collins Affordable Housing Board October 7, 2004 Minutes Page 2 of 4 affect the cost of housing and how they've changed over the past five years, with the goal of creating an accurate computer model to better assess the impact of proposed changes. It would also allow comparisons among four or five other communities along the Front Range. Ken Waido pointed out that the most significant impact on renters who want to become homeowners is interest rates, over which the City has no control. Kay Rios asked why there is a widespread impression that City fees are higher than in surrounding communities. Mr. Waido and Tom Honn agreed that the real issue is land cost. Mr. Honn said it is important to understand the whole property value issue and what drives it. Mr. Head responded that the Index would help do just that. Ms. Rios asked that this issue stay on the Board's agenda. Ken Waldo will invite Michelle Jacobs from the Homebuilders Association to a future meeting of the Board to present industry figures on the cost of building a home locally. Downpaayment Assistance Program Jon Fairchild asked Ken Waido if requiring downpayment assistance loans to be paid back earlier would actually make more money available for more loans. Mr. Waido confirmed that the idea behind quicker turnaround of the loans would mean less dependence on CDBG and HOME funds to restock the program. Recycling the funds would keep the current program going. Mr. Fairchild added that he had not met with Joe Rowan to discuss options for improving this program. This item will also stay on the agenda unless Mr. Rowan wants to pull it when he returns to town. Sales and Use Tax Rebate Program Staff provided in the meeting packet a copy of the 1999 City Ordinance, No. 191, that rebated sales and use taxes to developers of affordable housing. This ordinance expired at the end of 2001; since then, these repayments have been made through the Competitive Process. Kay Rios felt that this program should be brought back up to City Council, but Mr. Waido cautioned that the Board might want to wait until the outcome of the citizen vote on the repeal of the grocery sales tax is known. Elimination of the grocery tax would result in a loss of $6 million to the City's annual budget. Ms. Rios agreed, and referred this issue to the Policy Committee. 2005 Work Plan The deadline for submitting the Board's Work Plan for next year to the City Clerk is Nov. 30. As discussion of updating last year's plan progressed, Ken Waido reminded Board members that the Board's Work Plan is not the same Fort Collins Affordable Housing Board October 7, 2004 Minutes Page 3 of 4 as Staff's work plan, which is set by City Council's policy agenda. Kay Rios suggested that some of those objectives could be incorporated in the Board's Work Plan, however. She also asked that Cameron Gloss be invited to present an update on the Zucker Report in January. Kay Rios asked Board members to email any changes in liaisons and other suggestions to her before the November 4 meeting so she can develop a draft plan for discussion and approval. Old Business City Budget/Affordable Housing Fund Ken Waido reported that, thanks to the efforts of Council member Marty Tharp, the City's commitment to the Tenant -Based Rental Assistance pilot program will come from the Community Opportunity Fund rather than the Affordable Housing Trust Fund. Update/Reports on Subcommittee Efforts None. Liaison Reports Kay Rios reported that since Sept. 1, seniors not certified as disabled under ADA requirements have been cut from Dial -A -Ride. There was no notice of the change to anyone but the riders, who have been reduced by 50. The reason for the change was a lack of funding; Dial A Ride has said that if the grocery tax is eliminated, the situation will be even worse. Isabel Garity announced that the Severe Weather Shelter for the homeless has been moved to the Salvation Army facility on Mason south of Horsetooth. The plan is to bus those in need to the shelter from downtown where they hang out, but Ms. Garity was concerned that this move would eliminate the option for drop -in use. Competitive Process Recommendations Ken Waido updated the Board on the CDBG Competitive Process. The Board held a special meeting on Sept. 16, at which they developed priorities for the affordable housing proposals: 1. Home Buyer Assistance Program 2. 300 First Street SRO Project 3. (tie) Land Bank Program/CARE Housing 5. Sleepy Willow According to Mr. Waido, Home Buyer Assistance, 300 First Street and Land Bank all received full funding; CARE Housing received a reduced amount -- $100,000 -- with the understanding that it could resubmit in the spring, and the Sleepy Willow project submitted a reduced request, based on the consultant's recommendation for a five-year funding plan, and received a Fort Collins Affordable Housing Board October 7, 2004 Minutes Page 4 of 4 portion of that amount, $342,000. In total, 87 percent of the funds awarded went to housing, 13 percent to public facilities uses. He added that staff discussed with the CDBG Commission the appropriateness of using affordable housing funds for rehab at Sleepy Willow, but in this case the rehabilitation is designed to keep the units in the pool of affordable housing rather than building new stock. The Board debriefed the ranking process, and discussed the importance of member participation in these special meetings; while emailed comments are important, during the back -and -forth discussion, information vital to the final decision can be exchanged. Isabel Garity felt it was important to be sure the Board's funding recommendations are consistent with its goals and priorities. Mr. Waido said affordable housing projects can fall anywhere on the continuum from SROs to downpayment assistance, but providing rental housing for those making below 50 percent AMI is a priority. Maurice Head commended Denise Rogers on her presentation to the CDBG Commission. Open Board Discussion Kay Rios asked Board members for suggestions for topics for the City Council's Nov. 5-6 retreat. She will also ask Council member Tharp for suggestions on how to keep the idea of affordable housing and funding for it in front of Council. She will also send a thank you memo to Ms. Tharp for her efforts on finding funding for the Tenant -based Rental Assistance program. Ken Waido informed the Board that Matt Baker will be attending the November meeting to discuss street oversizing fees, and Jim Hibbert will attend in either November or December to discuss adjusting Utilities fees. Ken Waido pointed out that the information packet for this meeting contained materials for Council's Oct. 12 study session on the issue of rental licensing. Kay Rios felt it will be important for the Board to make a formal recommendation to Council on any proposed ordinance; Ms. Tharp was present for the Board's initial discussion of the issue. Jon Fairchild thought the Board's recommendation should be for registration with a nominal fee that won't create a new cost and inspections done only as a result of complaints; Denise Rogers added that the problems with rental properties should be added by enforcing existing ordinances before creating new ones. Mr. Waido said one concern with the existing regulations is that minimum safety standards are currently enforced on a complaint basis only. Meeting adjourned at 4:50 p.m. Respectfully submitted by Kate Jeracki October 20, 2004