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Letter of Support for Monarch Village for Iowa Finance Authority Innovation Set-aside Competition Copyrighted August 21, 2023 City of Dubuque Consent Items # 07. City Council Meeting ITEM TITLE: Letter of Support for Monarch Village for lowa Finance Authority I nnovation Set-aside Competition SUM MARY: City Manager recommending City Council approve a letter of support for Monarch Village, an independent living recovery community, to be sent to the lowa Finance Authority (I FA)on behalf of Operation Empower and Pivotal Housing Partners. SUGGESTED Suggested Disposition: Receive and File;Approve DISPOSITION: ATTACHMENTS: Description Type MVM Memo City Manager Memo Staff Memo- Letter of Support Staff Memo Letter of Support- Monarch Village Project Supporting Documentation Dubuque THE CITY QF � All-Meriea Ciry DLT B E ; . � . � �� � � MaSt� Z�C� aYd t�Q Mt55ZSSZ Z zoa�•zoiz•�ai3 YP pp za��*zai� TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Letter of Support for Monarch Village for lowa Finance Authority Innovation Set-aside Competition DATE: August 17, 2023 Assistant Housing & Community Development Director Michael Belmont is recommending City Council approve a letter of support for Monarch Village, an independent living recovery community, to be sent to the lowa Finance Authority (IFA) on behalf of Operation Empower and Pivotal Housing Partners. The Monarch Village as proposed by Operation Empower, a local non-profit that runs Liberty Recovery Center in Dubuque, and Pivotal Housing Partners has been selected as one of four finalists to present their concept at the 2023 Housing lowa Conference. Operation Empower, in partnership with Pivotal Housing Partners, has developed an innovative approach to serving individuals recovering with a substance use disorder through a peer-to-peer recovery community, or village. The concept for Monarch Village is to build 54 affordable housing units comprised of one, two and three-bedroom apartments for people in successful recovery or who desire to live in a substance safe community. If selected, Monarch Village will be lowa's first peer-based intergenerational 2 affordable housing community program for the whole family (made up of single adults, couples, and families with children). At this time, no location has been identified for the proposed development. I concur with the recommendation and respectfully request Mayor and City Council approval. � Mic ael C. Van Milligen MCVM:sv Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Alexis Steger, Housing & Community Development Director Michael Belmont, Housing & Community Development Assistant Director Dubuque THE CITY OF � AIFA�erisaCily Du 8 E �.r��������,:k�: rI � I ��r Maste iece on the Mississi Z 2007*2012•2013 � pp zoi�*zoi9 TO: Michael C. Van Milligen, City Manager FROM: Michael Belmont, Housing & Community Development Asst. Director DATE: August 16, 2023 RE: Letter of Support for Monarch Village for lowa Finance Authority Innovation Set-aside Competition INTRODUCTION This memorandum provides information on a letter of support for Monarch Village, an independent living recovery community, to be sent to the lowa Finance Authority (IFA) on behalf of Operation Empower and Pivotal Housing Partners. BACKGROUND For the 2024 Allocation Round, IFA created a new Innovation Set-Aside. The Innovation Set-Aside is an opportunity to demonstrate innovations and advance affordable housing in a way that may not always be possible in the 9% Tax Credit round. The most competitive projects in this set-aside will have multiple innovations and support the lowa Low-Income Housing Tax Credit (LIHTC) Program mission and goals that include partnerships, affordability, durability and location. Only one project will be selected to apply under the Innovation Set-Aside for the 2024 LIHTC Allocation Round. If the selected project meets program requirements, the project may receive up to $1 million in federal LIHTC. Interested applicants were required to submit a pre-application. IFA then reviews pre-applications and identify finalists to present on their concept at the 2023 Housing lowa Conference. IFA will announce the selected applicant at the Housing lowa Conference. DISCUSSION The Monarch Village as proposed by Operation Empower (www.operationempower.org), the local non-profit organization which currently operates the Liberty Recovery Center, together with Pivotal Housing Partners (https://pivotal-hp.com/) has been selected as one of four finalists to present their concept at the 2023 Housing lowa Conference. Operation Empower, in partnership with Pivotal Housing Partners, has developed an innovative approach to serving individuals living in recovery through a peer-to-peer recovery community, or village. The concept for Monarch Village is to build 54 affordable workforce housing units comprised of one, two and three-bedroom apartments for people in successful recovery or who desire to live in a substance safe community. If selected, Monarch Village will be lowa's first peer-based intergenerational recovery housing community program for the whole family (made up of single adults, couples, and families with children). At this time, no location has been identified for the proposed development. Consistency with City Council Goals & Priorities The City of Dubuque reviews applications for city support to ensure the request is consistent with the City Council Goals & Priorities. The proposed Monarch Village project furthers City Council goals of having "Livable Neighborhoods and Housing: Great Place to Live" and "Partnership for a Better Dubuque: Building our Community that is Viable, Livable, and Equitable". This project also furthers the "Management in Progress" efforts to support Low Income Housing Tax Credits Program/Projects. RECOMMENDATION Staff recommends the City support these efforts to promote quality, affordable housing, with attention to the needs of families. REQUESTED ACTION I recommend City Council approval of the attached letter of support. Thank you. CC: Alexis Steger, Housing & Community Development Director Jill Connors, Economic Development Director Wally Wernimont Planning Services Manager 2 Dubuque Housing& Community Development THE CITY O� � 350 West 6th Street—Suite 312 All•A�erieaEm Dubuque, lowa 52001 D LJ L E '�j. .� :j , Office: 563-589-4230 I I � Fax: 563-690-6687 zoo�«zo iz�za i3 Housinp@citvof du bupue.orq Masterpiece on the 1Vlississippi 2017*2019 www.ctiyofdubuque.org August 16, 2023 Derek Folden lowa Finance Authority 1963 Bell Ave Suite 200 Des Moines, IA 50315 RE: Letter of Support - Monarch Village — Dubuque, IA Dear Mr. Folden, The purpose of this letter is to express the City of Dubuque's support for Monarch Village, an lowa Finance Authority Innovation Set-aside finalist. The City is excited to have been recently designated a Thriving Community by IFA and supporting creative solutions to our community's housing issues is an important goal. This project's unique approach to building an independent living recovery community will provide a new, innovative option for our citizens. This project is seeking Low Income Housing Tax Credits and HOME funds from the lowa Finance Authority through the innovation set- aside, and we hope they will receive a favorable review from the judges at the Innovation in Housing Pitch Competition. If you have any questions, please feel free to reach me at 563-589-4230 Sincerely, Michael Belmont Housing & Community Development Assistant Director City of Dubuque, lowa (563) 589-4230