HomeMy WebLinkAboutAffordable Housing Board - Minutes - 09/01/1994AFFORDABLE HOUSING BOARD
MEETING MINUTES
September 1, 1994
The meeting of the Affordable Housing Board began at 4:00 p.m. in the
Community Planning Conference Room, 281 North College Avenue, Fort Collins,
Colorado. AHB members present were Vice Chairperson Craig Welling, Tom
Sibbald, Robert Browning, Susan Nabors, Joanne Greer, and Ann Sanders. Staff
members present were Ron Phillips, Ken Waido, and Mike Ludwig.
Public comment was heard. An offer was made for help with affordable housing
guidelines developed in Tampa, Florida. A desire for a strong student liaison was
expressed.
Moved by Mr. Browning, seconded by Ms. Nabors: To approve the minutes
of August 4, 1994, with the following amendment: That "San Christo" be
amended to "San Cristo". Discussion was held. Motion passed unanimously.
The "Development Impact Fee Rebate Program for Affordable Housing"
document was handed out. Discussion was held concerning the best time to
reconvene to discuss its contents. Mr. Ludwig reviewed certain items for the
Board:
I - All rents are imputed rents.
IV(C) - Discussion whether grant
The consensus was that it was not.
IV(D) - Includes a sliding scale.
IV(D)(3) and IV(E)(1) - Contrasts
projects were discussed.
money used for fees is subject to rebate.
in rental projects and home ownership
Discussion was held concerning a date to review the rebate program guidelines.
Moved by Mr. Sibbald, seconded by Ms. Greer: To table Agenda Item D to
Wednesday, September 7, 1994, at 4:00 p.m. Motion passed unanimously.
Susan Edminster informed the Board of a $2.3 million grant from the State, and
the conditions .under which the City could ensure that the applicable could be
used for affordable housing programs. The grant is tax-exempt bond availability,
with the money in reserve backing the bonds. The sole applicant is Tabor
Development Company for a 120-unit (48 designated as affordable) project at
Harmony and Shields. Discussion was held concerning this type of project and
its funding. Discussion was further held concerning the advertising of the bond as
being available to encourage the building of affordable housing.
Discussion was held concerning the entity responsible for certifying projects as
affordable. The Board does not now have certification authority. In the absence of
that Board authority, Staff authorized CARE housing to proceed with application
for fee deferral
AHB Minutes
September 1, 1994
Page 2
Discussion was held over the definition of affordable housing; the entity, potential
and actual, that certifies projects as falling within that definition; and whether the
Board wished to make recommendations to Council on how that mechanism be
achieved. Moved by Ms. Nabors, seconded by Mr. Greer: To table this agenda
Item to the Wednesday, September 7, 1994 meeting. Motion passed
unanimously.
The Board recessed 5:00 p.m., to reconvene at 4:00 p.m., September 7, 1994.