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Minutes Housing Trust Fund Committee 8 22 08MINUTES OF THE HOUSING COMMISSION TRUST FUND COMMITTEE DATE: Friday, August 22, 2008 TIME: 7:30 a.m. PLACE: Housing and Community Development Department 350 W. 6th Street, Suite 312, Dubuque IA 52001 The Housing Trust Fund Committee met at the Housing and Community Development Department at approximately 7:30 a.m., and convened with a tour of the Washington Neighborhood. Committee Mebers Present: Doris Hingtgen Jim Holz Char Eddy Staff Present: David Harris Joleen Patterson Lisa Barton Minutes taken by: Lisa Barton Housing Secretary Respectfully submitted by: David Harris Department Director The Housing Trust Fund Committee toured several homes in the Washington Neighborhood. Discussions Held Discussion of current balance from previous year Trust Fund allocations; potential projects (CDBG) funds We currently have approximately $47,000 in unencumbered Trust Funds (CDBG) for support of the Washington Neighborhood. The Teresa Shelter and Domestic Shelter contacted David regarding funding for capital improvement projects. Discussion was held and it was decided to approach the Domestic Shelter and Teresa Shelter and invite them to apply for CDBG Trust Funds, in the approximate amount of $47,000, for grants for their facilities. Discussion of IFA Housing Trust Fund Application The new IFA Trust Fund application has been published and is due on October 1, 2008. David will contact IFA staff to discuss application requirements. Amend current IFA application The current IFA Trust Fund now states that funds are to be used for homeowner projects only. The Maria House, which is located in the Washington Neighborhood, is faced with some water problems and they have asked David for assistance. Discussion was held and the Committee agreed to request an amendment to the current IFA Housing Trust Fund grant agreement making non-profits eligible for IFA funds. David will prepare this request.