HomeMy WebLinkAbout2025/04/09 - ADMIN - Agenda Packets - Housing Authority - Regular Housing Authority of St. Louis Park
Meeting date: April 9, 2025
Housing Authority, St. Louis Park, Minnesota
Wednesday, April 9, 2025 5 p.m.
Community Room, first floor
Agenda
1. Call to order - roll call
2. Approval of Minutes for February 2025
3. Hearings:
a. None
4. Presentation
a. None
5. Unfinished Business
a. None
6. New Business
a. Bring it Home discussion
b. Approve amendments to the Housing Authority Admissions and Continued
Occupancy Policy (ACOP), Resolution No. 772
c. Recognition of service, Richard Webb, Resolution No. 773
d. Recognition of service, Paul Beck, Resolution No. 774
7. Communications
a. Claims Lists: February and March 2025
b. Financials: December 2024
c. Communications:
8. Other: Next meeting is May 14, 2025
9. Adjournment
Auxiliary Aides for those with disabilities are available upon request. To make arrangements please call
the Housing Authority office at 952-924-2579 (TDD 952-924-2668) at least 96 hours in advance of
meeting.
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Unofficial minutes
Housing Authority meeting
St. Louis Park, Minnesota
February 12, 2025
The meeting was called to order at 5:00 p.m.
1.Roll call
Members present: Reynold Burrowes, Shelby Conway, Catherine Courtney,
Thom Miller and Jolene Tanner
Members absent: None
Staff present: Marney Olson, Nicole Randall, and Angela Nelson
Others present: City Council Member Sue Budd
2.Approval of Minutes – Minutes for the January 2025 board meeting were reviewed.
It was moved by Commissioner Courtney, seconded by Commissioner Burrowes, to
approve January 2025 minutes as presented.
Motion passed 5-0.
3.Hearings – None.
4.Presentation – None.
5.Unfinished Business – None
6.New Business
a.Election of officer – vice chair. Commissioner Conway was nominated to be vice
chair.
It was moved by Commissioner Burrowes, seconded by Commissioner Courtney, to
elect Commissioner Conway as vice chair.
Motion passed 5-0.
b.Approval of Section Eight Management Assessment Program (SEMAP) certification
for fiscal year end December 31, 2024. Ms. Randall presented the HUD Form 52648
SEMAP Certification for execution and transmission from the board. Ms. Randall
explained the 14 key indicators of performance on the SEMAP and how the SEMAP
is used to remotely measure PHA performance and administration of the housing
choice voucher program. Based on staff’s examination of the Housing Authority’s
records, staff anticipate receiving a score of 100 and a classification of high
performer.
It was moved by Commission Tanner, seconded by Commissioner Burrowes, to
approve the SEMAP certification fiscal year end December 31, 2024.
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Motion passed 5-0.
c.Proposed allocation of 2025 Community Development Block Grant (CDBG) funds.
No action required. The report is for informational purposes only.
7.Communications
8.Other
9.Adjournment
It was moved by Commissioner Burrowes, seconded by Commissioner Conway, to
adjourn the meeting.
The motion passed 5-0.
The meeting was adjourned at 5:55 p.m.
Respectfully submitted,
________________________
Reynold Burrowes, Secretary
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Housing Authority of St. Louis Park
Meeting date: April 9, 2025
Agenda item: 6a
Title: Bring It Home Discussion
Recommended action: This item is for discussion purposes only.
Policy consideration: Does the Housing Authority Board have comments or further direction
regarding the Bring It Home Program?
Summary: Minnesota Housing is now accepting applications for the Bring It Home Rental
Assistance Request for Proposals (“RFP”) in accordance with Minnesota Statute 462A.2095.
Bring It Home (BIH) is a new program to create rental assistance for low-income families across
Minnesota. Funded by state appropriations and the new metro sales tax for housing, the
program will provide grants to Program Administrators (PAs) who will administer the program as
direct assistance for renter households.
The program funds Tenant-Based and Project-Based Rental Assistance for cost-burdened
households earning up to 50% area median income (AMI) or less. Cost-burdened means a
household that is paying more than 30% of the household’s annual income on rent. Priority for
rental assistance shall be given to households with children 18 years of age and under and
annual incomes of up to 30% of the area median income.
A PA may provide Tenant-Based or Project-Based Rental Assistance in amounts equal to the
difference between 30% of household income and the rent charged, plus an allowance for
utilities if not included in rent. A PA may not provide assistance that is more than the difference
between 30% of the tenant's gross income and 120% of the payment standard, plus utilities, as
established by the local Public Housing Authority, unless otherwise authorized by Minnesota
Housing. Minnesota Housing is providing authorization to use adjusted gross income instead of
gross income to be consistent with the federal Housing Choice Voucher program. Like the
federal Housing Choice Vouchers, households may continue to receive housing assistance as
long as the household remains income-eligible and is compliant with Participant obligations
Program design
•By statute, HAs must prioritize households with children and household income up to
30% AMI.
•Housing Authority board previously provided direction on the following St. Louis Park
priorities ordered as:
1.30% AMI, with children and residency preference (lives, works or goes to school
in St. Louis Park)
2.30% AMI with children (no residency preference)
3.30% AMI elderly, near-elderly, disabled with residency preference
4.30% AMI elderly, near-elderly, disabled (no residency preference)
5.Veteran preference
•Staff intend to use the same payment standards and utility allowances as our HCV
program with flexibility to go up to 120% as allowed by Minnesota Housing if necessary
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Housing Authority meeting of April 9, 2025 (Item No. 6a) Page 2
Title: Bring It Home Discussion
•The SLPHA BIH program will use:
Option 2 - Amended HCV procedures, amending these sections of the admin plan for
BIH:
Elimination of an inspection requirement, given the robust rental licensing
program in St. Louis Park. The requirement of landlords will be that they
need to be in compliance with their rental license.
Project Based vouchers: will be able to be approved through a non-
competitive process; written requests shall be required to be submitted to
the HA Board. The board will be allowed to approve up to 50% of the
vouchers allocated to be project based. Elimination of PBV project caps and
HA is committed to only project basing units that are 2 bedrooms and
larger.
Additional preference for lease in place
Additional language to preserve eligibility for non-citizen applicants. The
citizenship eligibility requirements for the SLPHA BIH program will be
determined using the eligibility criteria outlined in Chapter 3-II.B of the
current HCV admin plan. Housing assistance is available only to individuals
who are U.S. citizens, U.S. nationals (herein referred to as citizens and
nationals), or noncitizens that have eligible immigration status. At least one
family member must be a citizen, national, or noncitizen with eligible
immigration status in order for the family to qualify for any level of
assistance.
Next Steps: As part of the application MN Housing conducts a pre award risk assessment. This
requires that no current principals of a potential grantee have been convicted of a felony
financial crime within the last 10 years. A principal is defined as a public official, board member,
or staff (paid or volunteer) with authority to access funds or determine how funds are used. HA
Board members will need to complete the Certification of No Convictions of Felony Financial
Crimes by a Principal form.
Current timeline from MN Housing
December 18, 2024 Program guide to MN Housing Board
February 2025 Release request for proposal
April 21, 2025 Applications due
November 2025 Grant selections to the MN Housing Board; MN
notifies all applicants of selection decisions
November –
December 2025
Contracts between MN Housing and program
administrators executed
January 2026 Grant terms begin
Prepared by: Nicole Randall, housing assistance administrator
Reviewed by: Marney Olson, housing supervisor
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Housing Authority of St. Louis Park
Meeting date: April 9, 2025
Agenda item: 6b
Title: Approve Amendments to the Housing Authority Admissions and Continued Occupancy
Policy (ACOP), Resolution No. 772
Recommended action: Staff recommends that the Housing Authority Board approve Resolution
No. 772 amending the ACOP for the Public Housing program.
Policy consideration: Does the Housing Authority Board agree with the proposed amendments
to the ACOP?
Summary: The Housing Authority is required to have an Admissions and Continued Occupancy
Policy (ACOP) outlining policies and processes related to the administration of the Public
Housing program. The policy allows for transparency, equity and objectivity. The ACOP allows
others to understand the HA process, standardizes processes and decisions across HA staff, and
ensures just treatment across cases. The ACOP must be in accordance with HUD regulations and
requirements, be available for public review, and must be adopted by the HA Board.
The HA contracts with Nan McKay for model updates to the ACOP to incorporate HUD rules and
regulations. Nan McKay released a revision of the Model ACOP that was fully updated for
HOTMA 102/104 and the HA board approved changes to the ACOP at the October 2024 board
meeting. HUD has pushed back the compliance date for HOTMA 102/104 and HAs cannot fully
apply the previous revisions which creates challenges for agencies who must continue to
operate their programs under pre-HOTMA 102/104 policies while also managing a version of
their policy that can be used immediately upon the HOTMA 102/104 compliance date. Nan
McKay released a new update in early 2025to be applicable to both pre- and post-HOTMA
102/104 requirements. The update calls out policies that will be effective prior to the HA’s
HOTMA 102/104 compliance date and those that will become effective upon the HA’s
compliance date. These changes are in line with the policy approvals in October and do not
require additional approvals by the HA board.
The following additional policy changes are recommended for approval by the HA board:
Chapter 4-III.B. Selection Method: Added local preferences to account for changes brought
about by the HOTMA Voucher Final Rule affecting public housing.
Chapter 13: Added policy section on asset limitation only applying at eligibility and clarified
policy language regarding notice to vacate.
HOTMA Appendix: Added a new appendix per recent HUD guidance to explicitly call out HOTMA
102/104 policies that are on hold until implementation.
Supporting documents: Resolution 772
Prepared by: Marney Olson, housing manager
Reviewed by: Oi Mattison, public housing manager
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Housing Authority meeting of April 9, 2025 (Item No. 6b) Page 2
Title: Approve Amendments to the Housing Authority Admissions and Continued Occupancy Policy (ACOP),
Resolution No. 772
HOUSING AUTHORITY OF ST. LOUIS PARK
Resolution No. 772
Amendment to the Admissions and Continued Occupancy Policy (ACOP)
WHEREAS, HUD requires housing authorities administering the Public Housing Program to
have an Admissions and Continued Occupancy Policy (ACOP) for the effective administration and
operation of its Public Housing program, and
WHEREAS, the St. Louis Park Housing Authority has updated the ACOP to reflect changes
to HUD Regulations and Requirements, and
WHEREAS, the Housing Authority has updated the ACOP to reflect changes to HA policy as
deemed appropriate, and
WHEREAS, the Housing Authority has updated the following sections to the ACOP: Chapter
4-III.B. SELECTION METHOD, Chapter 13-III.C. OTHER AUTHORIZED REASONS FOR
TERMINATION and 13-IV.D. LEASE TERMINATION NOTICE and add HOTMA Appendix as noted
in Exhibit A attached to this resolution,
Adopted by the Housing Authority April 9, 2025
_____________________________
Thom Miller, Chair
______________________________
Reynold Burrowes, Secretary
Attest:
______________________________
Karen Barton, Executive Director
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Housing Authority meeting of April 9, 2025 (Item No. 6b) Page 3
Title: Approve Amendments to the Housing Authority Admissions and Continued Occupancy Policy (ACOP),
Resolution No. 772
Exhibit A
4-III.B. SELECTION METHOD
PHAs must describe the method for selecting applicant families from the waiting list, including
the system of admission preferences that the PHA will use.
Local Preferences [24 CFR 960.206]
PHAs are permitted to establish local preferences and to give priority to serving families that
meet those criteria. HUD specifically authorizes and places restrictions on certain types of local
preferences. HUD also permits the PHA to establish other local preferences, at its discretion. Any
local preferences established must be consistent with the PHA plan and the consolidated plan
and must be based on local housing needs and priorities that can be documented by generally
accepted data sources [24 CFR 960.206(a)].
If the PHA has a Housing Choice Voucher program, the PHA must offer, and if accepted, provide
the family a selection preference for an appropriate-sized public housing unit that first becomes
available for occupancy after the time period expires for an HCV family whose HAP contract is
being terminated due to an owner failing to make required repairs within the required time
frame, and who are unable to lease a new unit within the term of the voucher [24 CFR
982.404(e)(2)].
HA Policy
Local preferences will be aggregated using a system in which each preference will receive
an allocation of points. The more preference points an applicant has, the higher the
applicant’s place on the waiting list.
The PHA will use the following local preferences:
Emergency VAWA Transfer Preference (1 point): The PHA will offer a preference to a
family that includes a victim of domestic violence, dating violence, sexual assault,
stalking, or human trafficking who are seeking an emergency transfer under VAWA from
the PHA’s Housing Choice Voucher program or other covered housing program operated
by the PHA.
HCV Abatement-Affected Family Preference (2 points): The PHA will provide a
preference for an HCV family whose HAP contract is being terminated due to an owner
failing to make required repairs within the required time frame, and who were unable to
lease a new unit within the term of the voucher.
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Housing Authority meeting of April 9, 2025 (Item No. 6b) Page 4
Title: Approve Amendments to the Housing Authority Admissions and Continued Occupancy Policy (ACOP),
Resolution No. 772
13-III.C. OTHER AUTHORIZED REASONS FOR TERMINATION [24 CFR 966.4(l)(2) and (5)(ii)(B)]
Upon the PHA’s HOTMA 102/104 compliance date, the below section on the asset limitation is
added:
Asset Limitation [24 CFR 5.618; Notice PIH 2023-27]
The PHA has discretion with respect to the application of the asset limitation at annual and
interim reexamination. The PHA may adopt a written policy of total nonenforcement,
enforcement, or limited enforcement as well as adopting exception policies.
HA Policy
The HA has adopted a policy of total nonenforcement of the asset limitation for all
program participants. The asset limitation only applies to initial eligibility determinations
for new admissions to the HA’s public housing program.
13-IV.D. LEASE TERMINATION NOTICE [24 CFR 966.4(l)(3)
Form, Delivery, and Content of the Notice
HA Policy
The HA will attempt to deliver notices of lease termination directly to the tenant or an
adult member of the household. If such attempt fails, the notice will be sent send the
termination notice by first-class mail the same day. The HA may also deliver notices via
email, the resident portal or attempt to deliver the termination notice directly to the
tenant or tenant’s unit.
All notices of lease termination will include a copy of the forms HUD-5382 and HUD-5380
to accompany the termination notice. Any tenant who claims that the cause for
termination involves domestic violence, dating violence, sexual assault, stalking, or
human trafficking of which the tenant or affiliated individual of the tenant is the victim
will be given the opportunity to provide documentation in accordance with the policies in
sections 13-III.F and 16-VII.D.
Timing of the Notice [24 CFR 966.4(l)(3)(i)
HA Policy
Any Notice to Vacate or Notice to Quit that is required by state or local law will be combined
with the Notice of Lease Termination under this section.
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Housing Authority meeting of April 9, 2025 (Item No. 6b) Page 5
Title: Approve Amendments to the Housing Authority Admissions and Continued Occupancy Policy (ACOP),
Resolution No. 772
HOTMA 102/104 Appendix to the ACOP
Purpose of the Appendix
HUD published a final rule on February 14, 2023, revising regulations related to income, assets,
adjusted income, verification, and reexams (among others) to implement Sections 102 and 104 of
HOTMA. While the new regulations were effective January 1, 2024, HUD has delayed the
compliance date for HOTMA 102/104. Initially, HUD published a delayed compliance date of
January 1, 2025, but HUD again delayed the compliance date for HOTMA 102/104 and no new
date has been provided. Compliance with Sections 102 and 104 of HOTMA means not only
applying HOTMA 102/104 regulations to affected programs but also reporting in HUD’s new
Housing Information Portal (HIP) system. Currently, PHAs remain unable to comply with
HOTMA 102/104 because compliance depends on transitioning from HUD’s IMS/PIC system
(which is unable to accept HOTMA-compliant Form HUD-50058) to HUD’s new HIP system
(which will be the only system that accepts HOTMA-compliant Form HUD-50058). PHAs cannot
transition to HOTMA until HIP is in place, HOTMA-compliant, and accessible. However, HUD
has determined that a few HOTMA 102/104 policies are not dependent on transition systems and
easily isolated from other HOTMA 102/104 policy changes. These policies may be implemented
prior to the migration to HIP.
HUD stated that PHAs may update their policy documents before determining the date at which
they will transition to all HOTMA Section 102 and 104 policies. HUD stated that in order to
update their policy documents for HOTMA in this circumstance, PHAs may create an appendix
that contains the HOTMA policies that will be incorporated at a later date. The model policy
adopts such an approach. HOTMA 102/104 policies are provided in each affected area of the
model policy. However, with the exception of the policies HUD has indicated may be adopted
early, HOTMA policies that are “on hold” are indicated in the model policy as such. Further, an
appendix has been provided to explicitly call out those policies that are on hold.
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Housing Authority meeting of April 9, 2025 (Item No. 6b) Page 6
Title: Approve Amendments to the Housing Authority Admissions and Continued Occupancy Policy (ACOP),
Resolution No. 772
HOTMA 102/104 Policies Not Yet Implemented
Chapter 00
No HOTMA 102/104 policies apply.
Chapter 1
No HOTMA 102/104 policies apply.
Chapter 2
No HOTMA 102/104 policies apply.
Chapter 3
Model policy section 3-I.B. FAMILY AND HOUSEHOLD is amended to comply with
section E.1 of Notice PIH 2023-27, Definition of Family
Model policy section 3-I.K. FOSTER CHILDREN AND FOSTER ADULTS is amended to
comply with section E.2 of Notice PIH 2023-27, New Definitions of Foster Adult and Foster
Child
Model policy section 3-II.D. FAMILY CONSENT TO RELEASE OF INFORMATION is
amended to comply with section J.2 of Notice PIH 2023-27, Revocation of Consent
Model Policy section 3-III.C. RESTRICTION ON ASSISTANCE BASED ON ASSETS is
added to comply with section A.1 of Notice PIH 2023-27, Asset Limitation
Chapter 4
No HOTMA 102/104 policies apply.
Chapter 5
No HOTMA 102/104 policies apply.
Chapter 6
Prior to the PHA’s HOTMA compliance date, the PHA will follow policies in Chapter 6.A.
Upon the PHA’s HOTMA compliance date, the PHA will follow policies in Chapter 6.B.
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Housing Authority meeting of April 9, 2025 (Item No. 6b) Page 7
Title: Approve Amendments to the Housing Authority Admissions and Continued Occupancy Policy (ACOP),
Resolution No. 772
Chapter 7
Prior to the PHA’s HOTMA compliance date, the PHA will follow policies in Chapter 7.A.
Upon the PHA’s HOTMA compliance date, the PHA will follow policies in Chapter 7.B.
Chapter 8
No HOTMA 102/104 policies apply.
Chapter 9
Prior to the PHA’s HOTMA compliance date, the PHA will follow policies in Chapter 9.A.
Upon the PHA’s HOTMA compliance date, the PHA will follow policies in Chapter 9.B.
Chapter 10
No HOTMA 102/104 policies apply.
Chapter 11
No HOTMA 102/104 policies apply.
Chapter 12
No HOTMA 102/104 policies apply.
Chapter 13
Model policy section 13-II.B. FAILURE TO PROVIDE CONSENT is amended to comply with
section J.2 of Notice PIH 2023-27, Revocation of Consent
Model Policy section 13-III.C. OTHER AUTHORIZED REASONS FOR TERMINATION is
amended to comply with section A.1 of Notice PIH 2023-27, Asset Limitation
Chapter 14
No HOTMA 102/104 policies apply.
Chapter 15
Model policy section 15-II.C. PHA-CAUSED ERRORS OR PROGRAM ABUSE is amended to
comply with 24 CFR 5.609(c)(4), De Minimis Errors
Chapter 16
No HOTMA 102/104 policies apply.
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Housing Authority meeting of April 9, 2025 (Item No. 6b) Page 8
Title: Approve Amendments to the Housing Authority Admissions and Continued Occupancy Policy (ACOP),
Resolution No. 772
Glossary
The following definitions are applicable upon the PHA’s implementation of HOTMA
102/104:
• Annual income (revised)
• Day laborer
• De minimis error
• Earned income
• Family (revised)
• Foster adult
• Foster child
• Independent contractor
• Inflationary index
• Net family assets (revised)
• Real property
• Seasonal worker
• Unearned income
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Housing Authority of St. Louis Park
Meeting date: April 9, 2025
Agenda item: 6c
Title: Recognition of service, Richard Webb
Recommended action: Staff recommend the board approve Resolution No. 773 recognizing
Richard Webb for his years of service on the Housing Authority Board.
Policy consideration: Not applicable
Summary: The Housing Authority Board wishes to express appreciation and recognize the
contributions of Richard Webb who served as a commissioner on the St. Louis Park Housing
Authority Board for 11.5 years.
Supporting documents: Resolution
Prepared by: Marney Olson, housing manager
Reviewed by: Angela Nelson, office assistant
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Housing Authority meeting of April 9, 2025 (Item No. 6c) Page 2
Title: Recognition of service, Richard Webb
HOUSING AUTHORITY OF ST. LOUIS PARK
Resolution No. 773
Recognizing the contributions and expressing appreciation to
Richard Webb
WHEREAS, Richard Webb began his service as a commissioner on the board of the
Housing Authority of St. Louis Park on March 18, 2013, and
WHEREAS, Richard has worked conscientiously for the past 11.5 years to provide safe,
sanitary and affordable housing to the tenants and participants of the housing programs
administered by the Housing Authority, and
WHEREAS, Richard has made numerous contributions to the Housing Authority in his role
as commissioner and for seven years as the Housing Authority board vice chair, dedicating his
time and efforts to the oversight of the Housing Authority programs and initiatives to ensure the
programming is responsive and administered at the highest level, and
WHEREAS, Richard has executed his duties as commissioner with understanding, concern
and empathy for the participants of the Housing Authority’s housing programs.
NOW, THEREFORE BE IT RESOLVED that the Housing Authority of St. Louis Park, by this
resolution and public record, wishes to express its appreciation to Richard Webb for his
contributions and dedicated service to the City of St. Louis Park, the Housing Authority of St.
Louis Park and the housing program participants.
Adopted by the Housing Authority April 9, 2025
_____________________________
Thom Miller, Chair
______________________________
Reynold Burrowes, Secretary
Attest:
_______________________________
Karen Barton, Executive Director
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Housing Authority of St. Louis Park
Meeting date: April 9, 2025
Agenda item: 6d
Title: Recognition of service, Paul Beck
Recommended action: Staff recommend the board approve Resolution No. 774 recognizing Paul
Beck for his years of service on the Housing Authority Board.
Policy consideration: Not applicable
Summary: The Housing Authority Board wishes to express appreciation and recognize the
contributions of Paul Beck who served as a commissioner on the St. Louis Park Housing Authority
Board for 10 years.
Supporting documents: Resolution
Prepared by: Marney Olson, housing manager
Reviewed by: Angela Nelson, office assistant
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Housing Authority meeting of April 9, 2025 (Item No. 6d) Page 2
Title: Recognition of service, Paul Beck
HOUSING AUTHORITY OF ST. LOUIS PARK
Resolution No. 774
Recognizing the contributions and expressing appreciation to
Paul Beck
WHEREAS, Paul Beck began his service as a commissioner on the board of the Housing
Authority of St. Louis Park on August 14, 2013 and served through May 2018, and was
reappointed October 7, 2019 and served through December 2024, and
WHEREAS, Paul has worked conscientiously for 10 years to provide safe, sanitary and
affordable housing to the tenants and participants of the housing programs administered by the
Housing Authority, and
WHEREAS, Paul has made numerous contributions to the Housing Authority in his role as
commissioner, six years as the Housing Authority board secretary, and ended his term as the
vice chair, dedicating his time and efforts to the oversight of the Housing Authority programs
and initiatives to ensure the programming is responsive and administered at the highest level,
and
WHEREAS, Paul has executed his duties as commissioner with understanding, concern
and empathy for the participants of the Housing Authority’s housing programs.
NOW, THEREFORE BE IT RESOLVED that the Housing Authority of St. Louis Park, by this
resolution and public record, wishes to express its appreciation to Paul Beck for his contributions
and dedicated service to the City of St. Louis Park, the Housing Authority of St. Louis Park and
the housing program participants.
Adopted by the Housing Authority April 9, 2025
_____________________________
Thom Miller, Chair
______________________________
Reynold Burrowes, Secretary
Attest:
_______________________________
Karen Barton, Executive Director
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Agenda item: 7b
Period to Date Year to Date
Revenue & Expenses
INCOME
TENANT INCOME
Rental Income
Tenant Rent 73,857 974,578
Storage Rent 0 292
Utility Reimbursement Recovery -PHA 0 -164
Total Rental Income 73,857 974,706
Other Tenant Income
Laundry and Vending 0 5,812
Cleaning Fee -131 5,833
Damages -2,234 481
Late Charges 290 637
Legal Fees - Tenant 0 573
NSF Charges 30 90
Other Income - Laundry 259 1,868
Tenant Payment Agreement (TPA) Ren -144 1,075
Tenant Payment Agreement (TPA) Frau -273 1,092
Tenant Payment Agreement (TPA) Othe 2,921 3,192
Total Other Tenant Income 718 20,652
TOTAL TENANT INCOME 74,575 995,358
GRANT INCOME
HUD PHA Operating Grants/Subsidy 36,082 425,601
Capital Fund Grants -380,595 0
TOTAL GRANT INCOME -344,513 425,601
OTHER INCOME
Investment Income - Unrestricted 1,137 15,706
Fraud Recovery 273 1,092
Miscellaneous Other Income 0 1,782
TOTAL OTHER INCOME 1,410 18,580
TOTAL INCOME -268,529 1,439,539
EXPENSES
ADMINISTRATIVE EXPENSES
Administrative Salaries
Low Income Public Housing (.ph)
Income Statement
Period = Dec 2024
Book = Accrual
Page 1 of 3
31
Period to Date Year to Date
Low Income Public Housing (.ph)
Income Statement
Period = Dec 2024
Book = Accrual
Administrative Salaries 22,327 274,584
Employee Benefit Contribution-Admin 6,719 81,881
Total Administrative Salaries 29,045 356,465
Legal Expense
General Legal Expense 1,863 2,849
Total Legal Expense 1,863 2,849
Other Admin Expenses
Staff Training 0 7,049
Accounting Fees 1,477 10,306
Auditing Fees 0 14,164
Office Rent 625 8,370
Total Other Admin Expenses 2,102 39,888
Miscellaneous Admin Expenses
Office Supplies 0 0
Telephone 990 10,087
Software 0 33,550
Bank Fees 0 509
Other Misc Admin Expenses 7,289 42,168
Total Miscellaneous Admin Expenses 37,324 442,779
TOTAL ADMINISTRATIVE EXPENSES 41,289 485,516
UTILITY EXPENSES
Water 1,423 35,930
Electricity 9,811 74,145
Gas 9,010 33,483
Garbage/Trash Removal 3,998 46,132
Sewer 1,393 58,693
TOTAL UTILITY EXPENSES 25,636 248,382
MAINTENANCE AND OPERATIONAL EXPENSES
General Maint Expense
Maintenance Salaries 14,270 169,352
Employee Benefit Contribution-Maint.5,236 61,063
Total General Maint Expense 19,506 230,415
Materials
Maintenance Materials 5,284 38,704
Total Materials 5,284 38,704
Contract Costs
Contract-Electrical 654 7,813
Contract-Pest Control 789 15,385
Contract-Grounds 2,200 79,451
Page 2 of 3
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Period to Date Year to Date
Low Income Public Housing (.ph)
Income Statement
Period = Dec 2024
Book = Accrual
Contract-Janitorial/Cleaning 0 27,850
Contract-Plumbing 1,774 38,544
Contract-HVAC 1,899 19,026
Contract-Elevator Monitoring 556 5,954
Contract-Snow Removal Contract Cost 600 3,050
Unit Turnaround Contract Cost 1,650 40,721
Contract Costs-Other -41,716 68,916
Total Contract Costs -31,593 306,710
TOTAL MAINTENANCE AND OPERATIONAL EX -6,804 575,829
GENERAL EXPENSES
Insurance 279 3,354
Property Insurance 3,423 42,118
Liability Insurance 277 3,325
Payments in Lieu of Taxes 2,409 36,302
Bad Debt-Tenant Rents 3,096 47,379
Other General Expense 7,579 31,298
TOTAL GENERAL EXPENSES 17,063 163,775
HOUSING ASSISTANCE PAYMENTS
Tenant Utility Payments-Voucher -966 0
Tenant Utility Payments-Public Housing 1,631 2,119
FSS Escrow Payments -571 16,068
TOTAL HOUSING ASSISTANCE PAYMENTS 94 18,187
NON-OPERATING ITEMS
Depreciation -Buildings 66,660 321,982
TOTAL NON-OPERATING ITEMS 66,660 321,982
TOTAL EXPENSES 143,938 1,813,671
NET INCOME -412,467 -374,132
Less CFP -380,595 0
Exclude Depreciation 66,660 321,982
Total Net Income 34,788 -52,150
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Period to Date Year to Date
Revenue & Expenses
INCOME
TENANT INCOME
Other Tenant Income
Tenant Payment Agreement (TPA) Frau -498 3,896
Total Other Tenant Income -498 3,896
TOTAL TENANT INCOME -498 3,896
GRANT INCOME
Section 8 HAP Earned 406,147 4,225,957
Section 8 Admin. Fee Income 30,373 443,534
Port-In Admin Fees Earned 667 8,337
Port In HAP Earned 9,295 113,588
TOTAL GRANT INCOME 446,482 4,791,416
OTHER INCOME
Investment Income - Unrestricted 235 3,081
Fraud Recovery 928 12,025
Miscellaneous Other Income 0 1,579
TOTAL OTHER INCOME 1,163 16,685
TOTAL INCOME 447,147 4,811,997
EXPENSES
ADMINISTRATIVE EXPENSES
Administrative Salaries
Administrative Salaries 11,386 140,327
Employee Benefit Contribution-Admin 3,597 44,356
Total Administrative Salaries 14,983 184,683
Legal Expense
General Legal Expense 0 540
Total Legal Expense 0 540
Other Admin Expenses
Staff Training 0 11,317
Accounting Fees 1,343 7,998
Auditing Fees 0 17,714
Port Out Admin Fee Paid 9,544 27,765
Office Rent 625 6,630
HCV not including MS5 (.hcv-fin)
Income Statement
Period = Dec 2024
Book = Accrual
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Period to Date Year to Date
HCV not including MS5 (.hcv-fin)
Income Statement
Period = Dec 2024
Book = Accrual
Total Other Admin Expenses 11,512 71,424
Miscellaneous Admin Expenses
Publications 0 0
Telephone 80 824
Software 0 64,710
Bank Fees 0 0
Sponsorships 0 0
Other Misc Admin Expenses 12,626 52,837
Total Miscellaneous Admin Expenses 27,689 303,054
TOTAL ADMINISTRATIVE EXPENSES 39,201 375,018
UTILITY EXPENSES
Electricity 0 52
TOTAL UTILITY EXPENSES 0 52
MAINTENANCE AND OPERATIONAL EXPENSES
GENERAL EXPENSES
Port-In HAP Expense 0 74,982
Other General Expense 0 61,909
TOTAL GENERAL EXPENSES 0 136,891
HOUSING ASSISTANCE PAYMENTS
Housing Assistance Payments 287,811 2,531,488
Tenant Utility Payments-Voucher 677 5,343
Port Out HAP Payments 136,751 937,262
FSS Escrow Payments 1,341 33,714
Family Unification 0 186,780
Tenant Protection 0 144,766
VASH 0 75,002
Foster Youth 0 142,387
Project Based 0 215,781
TOTAL HOUSING ASSISTANCE PAYMENTS 426,580 4,272,523
TOTAL EXPENSES 465,781 4,784,484
NET INCOME -18,634 27,513
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Period to Date Year to Date
Revenue & Expenses
INCOME
TENANT INCOME
GRANT INCOME
Section 8 HAP Earned 39,723 255,074
Section 8 Admin. Fee Income 2,365 38,295
TOTAL GRANT INCOME 42,088 293,369
TOTAL INCOME 42,088 293,369
EXPENSES
ADMINISTRATIVE EXPENSES
Administrative Salaries
Administrative Salaries 1,431 17,994
Employee Benefit Contribution-Admin 485 6,088
Total Administrative Salaries 1,916 24,082
Other Admin Expenses
Port Out Admin Fee Paid 963 2,964
Total Other Admin Expenses 963 2,964
Miscellaneous Admin Expenses
Other Misc Admin Expenses 9 9
Total Miscellaneous Admin Expenses 1,925 24,091
TOTAL ADMINISTRATIVE EXPENSES 2,888 27,055
MAINTENANCE AND OPERATIONAL EXPENSES
HOUSING ASSISTANCE PAYMENTS
Housing Assistance Payments 7,605 212,791
Tenant Utility Payments-Voucher 1 5
Port Out HAP Payments 13,395 42,278
TOTAL HOUSING ASSISTANCE PAYMENTS 21,001 255,074
TOTAL EXPENSES 23,889 282,129
NET INCOME 18,199 11,240
Mainstream 5 (ms5)
Income Statement
Period = Dec 2024
Book = Accrual
Page 1 of 1
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Period to Date Year to Date
Revenue & Expenses
INCOME
TENANT INCOME
Rental Income
50059 HAP Subsidy 17,521 206,767
Total Rental Income 17,521 206,767
TOTAL TENANT INCOME 17,521 206,767
GRANT INCOME
Admin Fee Revenue 1,450 17,600
Admin Fee Revenue- to STEP 1,160 14,080
TOTAL GRANT INCOME 2,610 31,680
TOTAL INCOME 20,131 238,447
EXPENSES
ADMINISTRATIVE EXPENSES
Administrative Salaries
Administrative Salaries 700 9,021
Employee Benefit Contribution-Admin 240 3,031
Total Administrative Salaries 939 12,052
Other Admin Expenses
Accounting Fees 300 1,962
Total Other Admin Expenses 300 1,962
Miscellaneous Admin Expenses
Other Misc Admin Expenses 256 3,355
Sundry Exp - STEP 3,480 13,640
Total Miscellaneous Admin Expenses 4,676 29,047
TOTAL ADMINISTRATIVE EXPENSES 4,976 31,009
MAINTENANCE AND OPERATIONAL EXPENSES
HOUSING ASSISTANCE PAYMENTS
Housing Assistance Payments 17,098 204,664
TOTAL HOUSING ASSISTANCE PAYMENTS 17,098 204,664
TOTAL EXPENSES 22,074 235,673
Kids in the Park (kidspark)
Income Statement
Period = Dec 2024
Book = Accrual
Page 1 of 2
37
Period to Date Year to Date
Kids in the Park (kidspark)
Income Statement
Period = Dec 2024
Book = Accrual
NET INCOME -1,943 2,774
Page 2 of 2
38
Period to Date Year to Date
Revenue & Expenses
INCOME
TENANT INCOME
Rental Income
Tenant Rent -1,159 0
Total Rental Income -1,159 0
Other Tenant Income
Tenant Payment Agreement (TPA) Frau 0 3,426
Total Other Tenant Income 0 3,426
TOTAL TENANT INCOME -1,159 3,426
GRANT INCOME
Hennepin County Rev 38,384 458,808
Hennepin County Admin Rev 5,660 49,918
TOTAL GRANT INCOME 44,044 508,726
TOTAL INCOME 42,885 512,153
EXPENSES
ADMINISTRATIVE EXPENSES
Administrative Salaries
Administrative Salaries 1,919 24,508
Employee Benefit Contribution-Admin 640 8,099
Total Administrative Salaries 2,560 32,607
Other Admin Expenses
Accounting Fees 300 1,962
Total Other Admin Expenses 300 1,962
Miscellaneous Admin Expenses
Other Misc Admin Expenses 1,228 8,110
Total Miscellaneous Admin Expenses 3,787 40,717
TOTAL ADMINISTRATIVE EXPENSES 4,087 42,679
MAINTENANCE AND OPERATIONAL EXPENSES
HOUSING ASSISTANCE PAYMENTS
Housing Assistance Payments 39,467 458,982
TOTAL HOUSING ASSISTANCE PAYMENTS 39,467 458,982
Stable Home (stablehm)
Income Statement
Period = Dec 2024
Book = Accrual
Page 1 of 2
39
Period to Date Year to Date
Stable Home (stablehm)
Income Statement
Period = Dec 2024
Book = Accrual
TOTAL EXPENSES 43,554 501,661
NET INCOME -669 10,492
Page 2 of 2
40
Period to Date Year to Date
Revenue & Expenses
INCOME
TENANT INCOME
GRANT INCOME
FSS Income 10,490 62,937
TOTAL GRANT INCOME 10,490 62,937
TOTAL INCOME 10,490 62,937
EXPENSES
ADMINISTRATIVE EXPENSES
Miscellaneous Admin Expenses
Sundry Exp - STEP 10,490 10,490
Total Miscellaneous Admin Expenses 10,490 10,490
TOTAL ADMINISTRATIVE EXPENSES 10,490 10,490
TENANT SERVICES
Tenant Services Contract Costs 0 52,448
TOTAL TENANT SERVICES EXPENSES 0 52,448
MAINTENANCE AND OPERATIONAL EXPENSES
TOTAL EXPENSES 10,490 62,937
NET INCOME 0 0
FSS (fssgrant)
Income Statement
Period = Dec 2024
Book = Accrual
Page 1 of 1
41
Period to Date Year to Date
Revenue & Expenses
INCOME
TENANT INCOME
GRANT INCOME
ROSS Revenue 13,242 79,629
TOTAL GRANT INCOME 13,242 79,629
TOTAL INCOME 13,242 79,629
EXPENSES
ADMINISTRATIVE EXPENSES
Miscellaneous Admin Expenses
Other Misc Admin Expenses 1,242 7,629
Total Miscellaneous Admin Expenses 1,242 7,629
TOTAL ADMINISTRATIVE EXPENSES 1,242 7,629
TENANT SERVICES
Tenant Services Salaries 0 36,000
Project Coordinator 12,000 36,000
TOTAL TENANT SERVICES EXPENSES 12,000 72,000
MAINTENANCE AND OPERATIONAL EXPENSES
TOTAL EXPENSES 13,242 79,629
NET INCOME 0 0
ROSS (rosssvc)
Income Statement
Period = Dec 2024
Book = Accrual
Page 1 of 1
42
Period to Date Year to Date
Revenue & Expenses
INCOME
TENANT INCOME
OTHER INCOME
Investment Income - Unrestricted 2,785 18,758
Investment Income - Restricted 49 642
Miscellaneous Other Income 0 3,881
TOTAL OTHER INCOME 2,834 23,281
TOTAL INCOME 2,834 23,281
EXPENSES
ADMINISTRATIVE EXPENSES
Other Admin Expenses
Accounting Fees 320 2,367
Total Other Admin Expenses 320 2,367
Miscellaneous Admin Expenses
Bank Fees 115 577
Other Misc Admin Expenses 0 1,064
Total Miscellaneous Admin Expenses 115 1,641
TOTAL ADMINISTRATIVE EXPENSES 435 4,008
MAINTENANCE AND OPERATIONAL EXPENSES
TOTAL EXPENSES 435 4,008
NET INCOME 2,400 19,273
General Fund Cocc - interco (cocc)
Income Statement
Period = Dec 2024
Book = Accrual
Page 1 of 1
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