HomeMy WebLinkAboutAffordable Housing Board - Minutes - 01/08/1998i
CITY OF FORT COLLINS
AFFORDABLE HOUSING BOARD
Meeting Minutes
January 8, 1998
Bob Browning, Chair
Joanne Greer, Vice Chair
Chuck Wanner, City Council Liaison
The meeting of the Affordable Housing Board began at 4:10 p.m., at 281 North College
Avenue, Fort Collins, Colorado. Board members present included: Chairman Bob
Browning, Sylvie Glass, Joanne Greer, Mike Nicely, Stacy Overton, Kay Rios, and Sue
Wagner. Staff members present: Ann Watts and Ken Waido.
Mr. Browning opened up the meeting to public discussion.
The first speaker was Sister Mary Alice Murphy from CARE Housing. She expressed how
important the rebate program is to CARE Housing and that it is crucial it continue in the
future. Mr. Browning confirmed this Board has had no discussion regarding discontinuing
the rebate program. Modifications may be made to it, but there has been no discussion
of it not continuing.
Betty Maloney reported the task force has become a coalition and Sister Mary Alice
Murphy is one of the new officers.
There were no other public comments.
Old Business - Rebate Schedule
Ms. Watts, following the Board's request to rebate a percentage of fees paid instead of a
flat rate, has devised a method of doing that and distributed a chart to the Board for their
review and comments. This item will be tabled for next month's meeting for further
discussion.
Rebate Program
Mr. Waido noted a subcommittee has been formed. One of their main issues is to assure
the rebate actually affects the rental rate or purchase price of the units that they are
applied to.
Proposed Policy for Projects Receiving Utilities from Special Purpose Districts
This item was to go to Council on the 6th, but was pulled because of concerns raised by
some of the districts. Discussions have taken place, and this item should be going to
Council shortly.
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Meeting of January 8, 1998
Page 2
TRAC Update
Mr. Waido updated the Board that some units will close on Monday, as many as ten, or as
little as three. Hopefully, this project will close out in the very near future.
New Business - Minutes
No corrections or additions were made to last month's minutes.
Moved by Ms. Glass, seconded by Ms. Overton: To approve the minutes of the
December 4, 1997, Affordable Housing Board meeting. Motion was approved
unanimously.
Private Activity Bond Request
Mr. Waido gave a brief explanation of private activity bonds. A request has been made by
a private developer to use the County and State private activity bond allocation for a project
located inside the city limits. Because of the location, an endorsement must be made by
the City Council. The Council would like a recommendation from the Board on this item.
A presentation was made by the developer, Scott Price, who gave an overview of the
townhome unit project site plan.
Lee Wolf, a consultant from Colorado Springs, presented the marketing and feasibility
study information. He recommended the product envisioned here are two three -bedroom
units with garages, washers and dryers. He noted half were to be income -based rent and
the other half market -based rents. The maximum income would be $27,000 to roughly
$30,000 a year range, of which rent would be 30%.
Andy Krane from Kirkpatrick Pettis, a Mutual of Omaha company, and James Lewin of
Centennial Mortgage, explained the reason for their involvement with this issue. This
process affects the City because they, technically, are the issuer of this debt. The
government limits the amount of bonds issued across the nation, which is done by setting
limits in each state. Therefore, they must come before the community and obtain what is
called their inducement.
Mr. Browning questioned what it would take to acquire housing at a 30% level, and a brief
discussion ensued.
Moved by Ms. Glass, seconded by Ms. Greer: The Board will give their endorsement
to this program. Motion was approved unanimously.
Human Rights Ordinance
Mr. Browning noted the Board was asked to review this ordinance from the City Manager,
requesting the Board's input. The members expressed a couple areas of concern or
question. One was under the definition of age: at least 40 years but less than 70. What
was significant about that group? No answer was given as to the target group. Another
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Meeting of January 8, 1998
Page 3
was the Public Assistance Status and Section 8 program.
Mr. Waido explained any major concerns can be forwarded to the City Attorney to look at
and make any necessary adjustments before going to Council. The City is not looking for
a motion unless the Board has major questions or concerns. Mr. Browning asked for
comments on the second ordinance. Mr. Waido noted that Council cannot adopt the
second ordinance without the first one.
Ms. Greer questioned the City's involvement with this issue. Mr. Browning explained that
the Fort Collins Human Relations Commission wanted to make a statement within the City.
When State and Federal laws are changed, they want to be able to go back and make a
statement as well. Another explanation was that this allows for less stringent remedies, and
allows for moderation and mediation at the community level. If a complaint was raised,
one would not have to go through the Federal government first, but could go through
mediation first, without the onus of proving a case in federal court.
Other Business
Ms. Watts told the Board that she found information on vacancy rates for various bedroom
sizes on the Internet. It can be found under Division of Housing, Department of Local
Affairs, www.state.co.us.
Ms. Rios notified the Board of the Affordable Housing Network Lunch. The Board was
asked to look over the information and comment. She would like the Board to act as a co-
sponsor, give their names, and participate as facilitators. The Lincoln Center Hall has been
reserved for February 25. Mr. Browning acknowledged that the Board would participate in
this event.
Ms. Greer stated she had received a call from Rusty Collins regarding a meeting next
Wednesday. She is unable to attend and needs someone from the Board to give an
update on the Board's past and future work plans. Mr. Nicely volunteered to attend on
behalf of the Board.
Mr. Browning informed the Board of Habitat's Open House and Dedication this coming
Saturday.
The meeting concluded at 5:10 p.m.