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HomeMy WebLinkAbout2025/05/14 - ADMIN - Minutes - Housing Authority - RegularFFFSt. Louis Park IIJ M I N N E S O TA Hl>v�i115_ A:v1honni 1.Call to order: The meeting was called to order at 5:00 p.m. Roll call: Official minutes Housing Authority meeting St. Louis Park, Minnesota May 14, 2025 Members present: Catherine Courtney, Shelby Conway, and Thom Miller Members absent: Jolene Tanner Staff present: Karen Barton, Oi Mattison, Angela Nelson, Marney Olson, Dean Porter­ Nelson, Nicole Randall Guests: Rhett Carlson and Will Anderson from Sherman Associates 2.Approval of Minutes -Minutes for the April 2025 board meeting were reviewed. It was moved by Commissioner Courtney, seconded by Commissioner Conway, to approve the April 2025 minutes as presented. Motion passed 3-0. 3. Hearings a.2025-2029 Capital fund Five Year Action Plan, Resolution No. 775. Public hearing opened at 5:01 p.m. Closed at 5:03 p.m. Ms. Mattison presented the Capital Fund Five Year Action Plan which previously was a rolling plan approved annually. The Housing Authority (HA) is transitioning to a fixed plan that is approved every five years. A physical needs assessment was conducted by an architect and recommendations are included in this plan. There were no public comments. It was moved by Commissioner Conway, seconded by Commissioner Courtney to approve Resolution No. 775. Motion passed 3-0. 4.Presentation -None. 5.Unfinished Business -None 6.New Business a.Project based voucher (PBV) request for Beltline Station redevelopment project. Mr. Porter-Nelson provided an overview of the request for 20 PBVs for Beltline Station redevelopment area. One of three residential buildings at this site will be an affordable building with 82 units (39 units at 60% AMI, 23 units at 50% AMI, and 20 units proposed at 30%AMI).The 20 PBVs are necessary for the project to be financially viable at 30%AMI. Ms.Randall explained that under HUD regulations,the HA has the capacity to provide the proposed 20 PBV.The HA could project base up to 82 units under HUD regulations.Currently,there are 46 PBV issued.The HA has the authority to project- base up to 36 additional units. In response to Commissioner Miller's question,Mr.Carlson explained that 20 PBVs are important for them to secure bonds from lenders by demonstrating that there is a definitive income stream tied to the payment standard. In response to Commissioner Courtney's question,Sherman confirmed that in July they are making an application with a blended AMI of 50%to the Minnesota Management and Budget for the unified pool for bonds for the 82 units of affordable housing.Ms.Barton noted that Sherman could have proposed a building with all units at 50%AMI,but Sherman proposed 30%,50%and 60%AMI with a blend at 50%AMI.This mix enables Sherman to be considered for bonds while the city gained 20 new units at 30%AMI which are extremely difficult to build.In the past five years,40 units at 30%AMI have been added. In response to Commissioner Conway's question,Ms.Randall confirmed that it has been our practice that 20 years is the length of the PBV.Mr.Porter-Nelson stated that Sherman intends to renew for an additional 20 years,including the 30%AMI units. Commissioners Conway and Miller are in favor of the PBV.Commissioner Courtney abstained citing a possible perceived conflict of interest. b.Amendments to the Housing Choice Voucher Admin Plan,Resolution No.776. Ms.Randall presented updated sections related to HOTMA changes.Specifically, chapters 3,6,7,and 14 are required to be updated by July 1. It was moved by Commissioner Conway,seconded by Commissioner Courtney to approve Resolution No.776. Motion passed 3-0. c.Authorization to enter into an agreement with Vail Place for service coordination. Ms.Olson announced that the HA received a grant renewal for the full-time ROSS service coordinator at Hamilton House.It is a three year grant effective June 1,2025. Since 2007,we have partnered with Vail Place for the position which brings together support services and works with case management teams to keep residents successfully housed. 2 It was moved by Commissioner Courtney,seconded by Commissioner Conway to authorize entering into an agreement with Vail Place for service coordination. Motion passed 3-0. d.2024 Housing Activity Report Ms.Olson stated that staff use this annual report to analyze program utilization and make appropriate changes to programs.Commissioners noted they appreciate seeing the information annually. e.Letter of board support for federally funded housing programs Commissioner Miller suggests that the board write a letter expressing its concern regarding the HCV program to our US representatives and senators.Ms.Olson said NAHRO has been sending "action alerts"which are pre-drafted letters for anyone to submit.Their action alert page is public.Staff agreed to review and provide recommendations on the drafted letter and bring it back in June. 7.Communications -Commissioner Burrowes has resigned from the board.The annual election of officers is in June. It was moved by Commissioner Conway,seconded by Commissioner Miller that Commissioner Courtney be appointed interim secretary. Motion passed 3-0. 8.Other 9.Adjournment It was moved by Commissioner Courtney,seconded by Commissioner Conway,to adjourn the meeting. Motion passed 3-0. The meeting was adjourned at 5:55 p.m. Respectfully submitted, 1 Catherine Courtney,Interim Secretary J 3