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HomeMy WebLinkAbout06-15-2006 Housing & Community Development Commission ,...' AGEND.A HOUSING AND COMMUNITY DEVELOPMENT COMMISSION LOBBY CONFERENCE ROOM, CITY HALL THURSDAY, JUNE 15, 2006 6:30 P.M. 1. Call Meeting to Order 2. Approval of the April 20,2006 Minutes 3. Public Comment of Items Not on the Agenda 4. New Business . Community Land Trust Presentation - The Housing Fellowship . Review of Allocation Process - Creation of Subcommittee . Discuss Summer Schedule . Discuss Inclusionary Zoning . Announce Upcoming HCDC Vacancies 5. Old Business . Discuss National Community Development Week Celebration . Review the Downpayment Assistance Program 6. Monitoring Reports . City of Iowa City - Economic Development Fund (Greazel) . Goodwill Industries - Facility Rehabilitation (Mellecker) . Planned Parenthood - Facility Rehabilitation (Mellecker) . City of Iowa City - Housing Rehabilitation (Mellecker) . City of Iowa City - Downpayment Assistance (Mellecker) . Iowa Valley Habitat for Humanity - (Greazel) 7. Adjournment ,~ 1 !~~~'t ~ ~~.~ ~~ CITY OF IOWA CITY MEMORANDUM Date: June 9, 2006 From: Housing and Community Development Commission Community Development Staff To: Re: HCDC Meeting on June 15, 2006 The June HCDC meeting will include all of the items that were to be discussed in May with the addition of one agenda item; the review of the downpayment assistance program. Please bring your May packets to the meeting. If you no longer have the packet, the information can be obtained by downloading from the following website: www.icgov.org/boardminutes.asp?ID=17 or please contact staff to forward the materials to you. As you may already know, on May 2 the City Council approved the FY07 Annual Action Plan as recommended by HCDC. A copy of the approved FY07 Action Plan budget was included in the May packet for your information. The following is a short description of the June agenda items. If you have any questions about the agenda or if you are unable to attend the meeting, please contact Tracy Hightshoe at 356- 5244 or by email at tracy-hightshoe@iowa-city.org. New Business Community Land Trust Presentation - The Housing Fellowship Maryann Dennis, Director of The Housing Fellowship, will present information on community land trusts and will discuss how The Housing Fellowship has worked with land trusts to ensure permanent affordability for owner-occupied homes. Review of the Allocation Process With the FY07 allocation process fresh in your mind, staff is interested in hearing your suggestions for next year. Last year a subcommittee was created to review the process and recommend changes to the allocation process. There were some substantial changes made to the process this year, such as separate applications and ranking systems for different funding categories. The committee may decide to appoint a subcommittee for further review or simply offer suggestions for next year. Discuss Summer Schedule Typically, the commission does not meet one month during the summer. We will need to discuss summer plans and our meeting schedule over the upcoming months. Please bring your date books. Discuss Inclusionary Zoning The commission will discuss the process of reviewing inclusionary zoning. At the June meeting the commission will discuss a process, timeline, and information necessary to formulate a recommendation to City Council. Upon consideration of inclusionary zoning, the commission may decide to recommend, not recommend or to make no recommendation to City Council. The July or August agenda will include the discussion of design guidelines and inclusionary zoning. There will be a late summer/early fall agenda item regarding the financial investment policy. ( over) June 9,2006 Page 2 Upcoming HCDC Vacancies Bill Greazel and Michael Shaw's terms expire September 1, 2006. If interested in reapplying, please submit your application to the City Clerk before July 26, 2006. Old Business National Community Development Celebration The committee will provide an update at the June meeting. Review of the Downpayment Assistance Program The City received $30,000 in FY06 CDBG funds for a downpayment assistance program to income eligible households. As of June 8, 2006 no funds have been disbursed under this program. HCDC will review the program to consider program revisions, a time extension, or to recommend the recapture of funds. Monitoring Reports . City of Iowa City - Economic Development Fund (Greazel) Contact Tracy Hightshoe at 356.5244 . Goodwill Industries - Facility Rehabilitation (Mellecker) Contact Mike Townsend at 337.4158 . Planned Parenthood - Facility Rehabilitation (Mellecker) Contact Krista Noah at 354.2044 . City of Iowa City - Housing Rehabilitation (Mellecker) Contact David Powers or Jeff Vanatter at 356.5230 . City of Iowa City - Downpayment Assistance (Mellecker) Contact Steve Long at 356.5250 . Iowa Valley Habitat for Humanity - Homeownership (Greazel) Contact Mark Patton at 337.8949 City of Iowa City MEMORANDUM Date: May 18, 2006 From: Karin Franklin, Director, Planning and Community Develo ment Steve Long, Community Development Coordinator~ To: City Council Re: FYO? Unallocated HOME Funds At your May 1st informal meeting you discussed the FYO? Annual Action Plan budget which included the proposed FYO? CDBG and HOME funded projects. There was considerable discussion about the $89,409 in HOME funds that were not allocated to a particular project. One Council suggestion was to create a revolving loan fund in order to allow for the funding of hOusing projects year round and another suggestion was to' have a special mid-year allocation to distribute the funds. As you know, the Housing and Community Development Commission (HCDC) recommended that the Council not allocate the remaining HOME funds and combine the funds with the FY08 HOME funds that will be allocated beginning in December 2006. HCDC received a smaller than usual number of housing applications which they thought may be due to issues such as land cost, zoning, the unavailability of good lots and scattered site requirements. Of the four housing applications received, two were funded, one withdrew and one was not funded. One of the reasons that HCDC did not fund the one project was because of the high cost per unit ($239,196). HCDC intends to spend time advertising and advocating for a wide range of affordable housing projects prior to the next funding round. After checking with the regional office of the U.S. Department of Housing and Urban Development (HUD) it was determined that a HOME revolving loan fund is not allowed. The two remaining options are to have a mid-year allocation to distribute the funds or to hold on to the funds and combine the funds with the FY08 allocation process that begins in December 2006. If the decision is made to have a mid-year allocation, the process should begin soon given that we need to allow for adequate notice to potential applicants, review the applications, gain Council approval and comply with the applicable " HUD regulations regarding public comment periods. This process could take up to three months and the FY08 allocation process begins in less than seven months. Staff recommends that Council members take the recommendation of HCDC and combine the funds with the FY08 HOME funds that will be allocated beginning in December 2006, allowing HCDC time to advertise and advocate for a wider range of projects. Please feel free to contact Steve Long at 356.5250 if you have further questions or suggestions about the use of the HOME funds. Cc: Housing and Community Development Commission The National Associalion of REALTORS. and the U. S. (onference of Mayors will present the much cove led designalion of "Ambassadors to (ilies" and a $5,000 grant to Ihe City of Iowa City Housing Authority and the Iowa City Area Association of REAL. TORS~, in recognition of collaborative efforls 10 support affordable homeowners hip in Iowa (ily . Date: June 19, 2006 2:00 p.m. Chauncey Square Park (Across the street from City Hall) Time: Place: PL5AS5 PLAN. TO ATTfiNP ! -'-. Wl-1l:j tl-1Ls H-oV\.Or? The Iowa City Area Assoliation of REAL TOR~ and City of Iowa City Housing Authority farmed a partnership 10 presenla quality course for first time homebuyers. The first session was lompleted in March 2006 and resulted in more than 70 graduates.. Immediolely olter Ihe first session, other (ommunily Parlners came on board to presenl hands.on basic home repair seminars. The grant will provide needed funds 10 continue Ihese successful efforts. 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