HomeMy WebLinkAbout2011-05-25 Housing PACKET
Ashland Housing Commission
Regular Meeting Agenda
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Wednesday, May 25, 2011: 4:30 – 6:30pm
Council Chambers – 1175 East Main Street
1. (4:30) Approval of Minutes (5 min)
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April 27 2011
2. (4:35) Public Forum (5 min)
3. (4.40) Vulnerable Properties Discussion (30 min)
4.(5:10)Action on Goal #1 (20 min)
Update from Staff
5.(5:30) Memo to Council re: membership number change (15 min)
Staff
6. (5:45) Memo to Council re: number of CDBG awards per year (10 min)
Staff
7.(5:55)Housing Trust Fund (10 min)
Richard Billin and James Dills
8.(6:05)Liaison Reports (15 min)
Liaison Reports
Council (Mike Morris)
Parks Commission(Billin & Waters)
School Board(Dills)
Planning Commission(Pons)
Transportation (Ayars)
SOU
Staff(Linda Reid)
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9.(6:20)June 22, 2011 MeetingAgenda Items (5 min)
Commissioner items suggested(5 min)
Quorum Check – Commissioners not available to attend upcoming regular meetings
should declare their expected absence.
10.(6.25)Upcoming Events and Meetings
Homeless Task Force Meeting- June 21, 2011: 10:30-12:00: Housing Authority
Conference Room 2231 Table Rock Road, Medford
Next Housing Commission Regular Meeting
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4:30-6:30 PM; June 22, 2011
10. (6:30) Adjournment
In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the
Community Development office at 541-488-5305 (TTY phone is 1-800-735-2900). Notification 48 hours prior to the meeting will
enable the City to make reasonable arrangements to ensure accessibility to the meeting(28 CFR 35.102-35.104 ADA Title 1).
Housing Commission Memo
Title:Preservation of Expiring Use Units-HC Goal # 3
Date: May 25, 2011
Submitted By: Linda Reid, Housing Program Specialist
Resources/Options for Funding
City of Ashland
CDBG:CDBG funding can be used for acquisition or for Rehabilitation of Expiring Use units
so long as they remain affordable to renters or homeowners making 80% AMI.
Affordable Housing Trust Fund:For profit and non-profit developers could utilize AHTF
grants to help with both purchase and rehab of Expiring Use units.
Conservation Department Rebates:For profit, non-profit and the current owners of these units
can qualify for energy efficiency and weatherization upgrades through the Conservation
Department’s rebate and incentive programs.
State-OHCS
Financing-Multifamily Loan Programs
o Elderly & Disabled Loan Program
The Elderly and Disabled (E & D) Loan Program provides below-market interest rate
permanent mortgage loans by issuing pooled tax-exempt bond financing for affordable
multi-unit rental housing projects. Borrowers may apply for this loan for construction of
new affordable housing or for acquisition and/or rehabilitation of existing properties. Pass
through Revenue Bond financing
o Loan Guarantee Program and General (Lease) Guarantee Program
The Programs provide guarantees to lenders to assist in the financing of new housing
construction or for the acquisition and/or rehabilitation of existing housing for low- and
very low-income families. Guarantees may be up to 25 percent of the original principal
amount of a loan.
o Pass-Through Revenue Bond Financing Program (Conduit)
The Program provides tax-exempt bond funds to finance the construction, rehabilitation
and acquisition of multi-unit affordable housing for lower-income Oregonians while
providing sufficient safeguards to protect the financial interest of the bond issuer. The
program provides additional flexibility in the loan structure and providing an efficient
process for underwriting and loan approval.
o Predevelopment Loan Program and Habitat Predevelopment Loan Program
The Programs provide below market financing and flexible terms for site acquisition and
predevelopment costs. Eligible predevelopment cost may include architectural design,
site acquisition, legal fees, market analysis, appraisals, soil and environmental reports,
etc.
o Risk Sharing Loan Program
The Program provides below-market interest rate permanent mortgage loans by issuing
pooled tax-exempt bond financing for affordable multifamily rental housing projects. The
Department and HUD share the loan risk and through HUD's FHA mortgage insurance
program the bond funds receive a AAA credit enhancement.
o Housing Preservation Community Incentive Fund
The HP CIF Program is designed to provide the financial incentive or the gap financing
that will help local communities meet one or more of the Oregon Livability Initiatives. It
is anticipated projects will primarily meet the affordable housing initiative but may also
meet other initiatives as well. The fund is not intended to replace other project financing
from private or public sources. Funds are available only for the preservation of the
department's current loan portfolio of affordable housing developments that are secured
with Section 8 project-based rental assistance.(see attached)
Grants and Tax Credits (CFC Programs):
Alcohol and Drug Free Housing
HELP Program
HOME Investment Partnerships Program
Housing Development Grant ("Trust Fund")
Housing PLUS Program
Low Income Housing Tax Credit
Low Income Weatherization Program
Oregon Affordable Housing Tax Credit
Federal
Financing
o Rural Development: USDA’s department of Rural Development (RD) offers several
different financing programs for developers providing affordable housing including
Section 533 Housing Preservation Grants, Section 514, 515, and 516 Multi-family
Housing Revitalization Demonstration Program (MPR) loans specifically for the
preservation of affordable rental projects. .
o The Department of Housing and Urban Development: HUD offers several different
financing programs for developers providing affordable housing.
Affordable Housing Developers/Organizations
o Lovelace Properties, LLC-Bill Lovelace
o Southern Oregon Affordable Rentals I, LLC-Mark S. Kellenbeck
o Housing Authority of Jackson County-Scott Foster
o ACCESS,Inc.-Cindy Dyer
o ACLT-Tom Bradley
o RVCDC-John Wheeler
Other Resources or incentives? What can the Housing Commission do to Help?
Status
Set to Expire
Date Contracts
date
contract
Limit
Income
Units
Assisted
Number of
Expiring Use/Preservation Units
Units
Number of
Name
Property
Type
Property
Type
Assistance
Rural DevelopmentFamilyAshley Garden402060%coming up on a 20 year periodRural DevelopmentSeniorAshley Senior624160%coming up on a 20 year periodRural DevelopmentFamilyStratford*5117100%Purchased
in 2010 will remain affordableHUD Section 8FamilyChief Tyee322930%HUD Section 8SeniorDonald E. Lewis404030%HUD Section 8DisabledStar Thistle121250%3/6/1998HUD Section 8FamilySun Village121230%1/20/2
013HUD Section 8FamilyTakilma Viillage141460%2010Total263185HUD Section 8SeniorJohnston Manor3430%12/26/2008Opted Out
1. Takilma Village-99 Emerick 9. Ashley Senior Center Apartments-2301 Siskiyou
Ron De Luca Properties LLC Ashland Investment Group II
8 Unit 62 Units
FamilySenior and Disabled
60 % AMI 60% AMI
1
Expires:8/31/2009 (12 month extension)
Expires: *Rural Development loan
2. Parkview - 2000 CDBG Award-41 Garfield
10. Ashley Garden Apartments-245 Tolman
$75,000 Grant for land acquisition
Ashland Investment Group, CMB group
ACLT/ACCESS
40 units
6 Rental Units
Family
Family
60% AMI
60% AMI-99 Year land lease
Expires: *Rural Development loan
3. 37-38 Garfield -2004 CDBG Award
11. Snowberry Brooke Site-2008 & 2009 CDBG
$80,000 Grant for land acquisition
Awards- 380 Clay
ACLT/Habitat for Humanity
$365,000 Grant for Public Facilities Improvement
2 ownership units
2008
30% AMI-99 year land lease
$165,000 Grant for Public Facilities Improvement
2009
60 Rental Units
4. Chief Tyee Apartments- 102 Garfield
60% AMI-60 years of Affordability
Medford Better Housing
32 Units
Family
12. Donald E. Lewis Retirement Center-500
30% AMI
YMCA Way
Expires:7/31/2009
Pacific Retirement Service
40 Units
Senior and Disabled
5. Johnston Manor-607 Park
30% AMI
Medford Better Housing
Expires: 5/31/2009 (12 month extension)
17 Units
Senior/Disabled
30% AMI
13. Sun Village-721 Main
Expired 2008
Privately owned
12 Units
Family
6. Terrace Court-2004 CDBG Award-795
30% AMI
Park
Expires 2013
$274,000 Grant for land acquisition
RVCDC
6 Homeownership Units 14. Grant Street-2004 CDBG Award-264 Grant
80% AMI
$14,000 Grant for rehabilitation
99 Year Land Lease
ACLT/ACCESS
2 Rental Units
30% AMI-99 Year land lease
7. Siskiyou and Faith-2004 CDBG Award-
2001 Siskiyou
$361,750 Grant for land acquisition
15. Rice Park-125 Almeda
RVCDC
SDC deferral/Affordability required through
9 Homeownership Units
annexation
80% AMI-99 Year Land lease
Rogue Valley CDC/Individuals
15 Units
Ownership
8. Stratford Apartments-553 Clay
80% AMI-99 Year Land lease
Landura Property Management
51 Units
Family
*
100% AMI
Coming to the end of their 20 year restrictive use provision, ALIPA-
can ask to prepay. Can sell and get equity out-typical loans are 50
Expires: *Rural Development loan
years. Takes 180 or more days to get to the point where the complex
could actually be sold.- now eligible for the government incentives.
Memo
DATE: 4/25/2011
TO: City Council
FROM: Housing Commission
RE: Housing Commission goals 2011
The following goals and associated priority rankings were identified by the Housing Commission on
December 11, 2010 in an effort to forward to the City Council specific items for consideration in
establishing the Council goals for the coming year. The Housing Commission would also like to
encourage the council to provide input to the Housing Commission on these goals, which will be put
forward for adoption at the Housing Commission’s regular meeting to be held on January 26, 2011.
1. Evaluate Housing/demographic mix to better promote needed housing types that match the
demographics of the Ashland community. This will be accomplished through;
Assessment of housing inventory through an updated housing needs analysis
Implementation of a rental registry program that gathers demographic data on rental households
Review of 2010 Census data as it becomes available
Evaluation of market changes
Provide education regarding housing needs
Explore incentives to encourage the construction and rental of housing types that are needed and
not available in the current housing inventory.
2. Preservation of vulnerable properties
3. Clay Street- remaining acre developed as workforce housing.
4. Foreclosure Prevention
Put together an informational brochure of resources for homeowners facing foreclosure
Provide education and outreach to homeowners facing foreclosure to insure that they are able to
maintain stable housing options.
5. Identify a permanent funding source for the Housing Trust Fund
DEPT. OF COMMUNITY DEVELOPMENT Tel: 541-488-5305
20 E. Main Street Fax: 541-488-6006
Ashland, Oregon 97520 TTY: 800-735-2900
www.ashland.or.us
Housing Commission Memo
Title:Resolution Change-Membership Number
Date: May 25, 2011
Submitted By: Linda Reid, Housing Program Specialist
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At the April 27 2011 regular meeting theCommissioners discussed the idea of reducing the required
number of members on the Commission from seven to nine. Morris said the Planning Commission is
discussing the idea of going to seven members from nine.
Barasa/Scott m/s that we ask City Council to reduce the number of voting members from nine to seven.
This action will require an amendment to the existing resolution and will have to be brought before the
City council for approval.
Once the Council has approved the alteration, the commission staff liaison will type up a draft resolution
and submit it to the commission for review. Once the revisions have been approved by the commission
the amended Resolution will then go back to the council for adoption. The staff liaison will consult with
the department head to put the resolution on the City Council’s agenda.
The Resolution currently reads:
Section 2.19.010 Established-Membership
The Housing Commission is established and shall consist of nine (9) voting members and one (1) non-
voting ex-officio member who shall be the City Housing Program Specialist.
Possible Change:
The Housing Commission is established and shall consist of seven (7) voting members and one (1) non-
voting ex-officio member who shall be the City Housing Program Specialist.
Housing Commission Memo
Title:2010-2014 Consolidated Plan Amendment
Date: May 25, 2011
Submitted By: Linda Reid, Housing Program Specialist
At prior meetings the Housing Commission has discussed making an amendment to the 2010-2014
Consolidated Plan for the use of CDBG funds to allow the City to make awards to up to three applicants
in a given year. Currently the Consolidated Plan only allows the City to make awards to no more than
two applicants in a given program year. The reasoning for this is twofold; In prior years the City felt that
too many projects were awarded small amounts of funding in an effort to support many activities, the
City decided to make a limited number of awards in an effort to encourage large awards that would
support larger affordable housing activities, and to reduce the administrative burden upon staff by
limiting the number of awards in a given year as most activities despite the amount of funding require the
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same administrative oversight. At the April 27 2011 regular meeting theCommissioners made a motion
to forward a recommendation to the City Council to allow the City to award up to three activities in a
given program year
This action will require an amendment to the existing 2010-2014 Consolidated Plan and will require City
council for approval.
Once the Council has approved the alteration, the commission staff liaison will amend the Plan and
undertake the necessary steps for public participation and HUD approval.