HomeMy WebLinkAbout2008 - Affordable Housing Board - Annual ReportAffordable Housing Board
2008 Annual Report
The following lists the major items the Affordable Housing Board was involved with during
2008:
1. Land Bank Program Updates: The Board was updated throughout the year on the
progress of the land bank program to acquire properties for the long-term
development of affordable housing. The program has utilized all of its available
funding.
2. Competitive Process for Allocating City Funds for Affordable Housing: Worked
with the CDBG Commission in advising the City Council on the funding for
affordable housing projects in the spring and fall cycles of the competitive process.
3. Property Maintenance Codes. The Board listened to several staff from the Building
and Neighborhood Services Department explain the proposed new codes dealing with
property maintenance, building safety, and the rental housing code. The Board
discussed the propose codes at several meetings and made recommendations to the
City Council.
4. Agreement for Affordable Housing. Staff presented an initial draft of an agreement
to provide affordable housing units to be signed by developers who utilize some of
the City's incentive programs, but none of the City's financial assistance programs.
The project remains a work in progress.
5. Private Activity Bonds. The Board reviewed a request from the Economic
Development staff to utilize PAB's for potential employment opportunities since
there were no pending affordable housing projects contemplating the use of the PAB
financing.
6. Competitive Process Point Chart. The Board selected two members to work with
members of the CDBG Commission to evaluate and recommend changes to the
criteria in the chart used to begin the ranking of affordable housing proposals received
by the City requesting financial assistance.
Boards/Commission Meals. The Board was asked to comment on utilization of City
funds for snacks/meals for their meetings. The Board noted that only a minimum
amount was spent for snacks at their meetings.
8. Colorado Housing Investment Fund Coalition. Coalition staff and advisory board
members made a presentation regarding their multi -faceted program and how
affordable housing units helped stabilize the people in the program.
9. Climate Task Force. Staff from the City's Natural Resources Department made a
presentation and update of the work being done by the Climate task Force.
10. Mental Health and Substance Abuse Partnership. Staff from the Mental Health
and Substance Abuse Partnership made a presentation on the community dual
disorders team (CDDT) program. This was a success story of a City funded
applicant.
11. Tour of Affordable Housing Projects. The Board toured several affordable housing
projects located predominantly on the west side of the city.
12. 2009 Work Plan. The Board worked to complete a work plan for the year 2009.