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Letters of Support for HOME ARP FundsCopyrighted March 18, 2024 City of Dubuque Consent Items # 06. City Council Meeting ITEM TITLE: Letters of Support for HOME ARP Funds SUMMARY: City Manager recommending approval to provide a letter of support to developers of projects at 1301 Central Avenue and 1739-1763 Central Avenue for submission with their application for HOME ARP funds. These letters also will strengthen the City's application for the RAISE Implementation Grant related to the 14th Street Overpass. SUGGESTED Suggested Disposition: Receive and File; Approve DISPOSITION: ATTACHMENTS: Description MVM Memo Staff Memo Letter of Support 1301 Central Letter of Support 1739-1763 Central Type City Manager Memo Staff Memo Supporting Documentation Supporting Documentation THE CITY DUOF B TEE Masterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Letters of Support for HOME ARP Funds DATE: March 13, 2024 Dubuque All -America City IN 2007.2012.2013 2017*2019 Economic Development Director Jill Connors is recommending City Council approval to provide a letter of support to developers of projects at 1301 Central Avenue and 1739- 1763 Central Avenue for submission with their application for HOME ARP funds. These letters also will strengthen the City's application for the RAISE Implementation Grant related to the 14t" Street Overpass. In addition, the Housing and Community Development Department has provided a letter of intent to provide Project Based Vouchers to the 1739-1763 Central Avenue project. 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 Jill Connors, Economic Development Director Alexis Steger, Housing & Community Development Director Dubuque THE CITY OF All -America My nni K xvni , nz: a:u�ir, DUB E 2007-2012.2013 Masterpiece on the Mississippi 2017*2019 TO: Michael C. Van Milligen, City Manager FROM: Jill M. Connors, Economic Development Director SUBJECT: Letters of Support for HOME ARP Funds DATE: February 29, 2024 Economic Development Department 1300 Main Street Dubuque, Iowa 52001-4763 Office (563) 589-4393 TTY (563) 690-6678 http://www.cityofdubuque.org The purpose of this memorandum is to recommend City Council approval of two letters of support for projects at 1301 Central Avenue and 1739-1763 Central Avenue for submission with their application for HOME ARP funds. Because of the timeline to submit the HOME ARP applications, these letters have previously been provided to the project developers. These letters also will strengthen the City's application for the RAISE Implementation Grant related to the 14th Street Overpass. In addition, the Housing and Community Development Department has provided a letter of intent to provide Project Based Vouchers to the 1739-1763 Central Avenue project. CC: Alexis Steger, Housing and Community Development Director THE CITY OF DUB E Masterpiece on the Mississippi February 29, 2024 Jason Hall, HOME ARP Program Manager Iowa Finance Authority 1963 Bell Avenue, Suite 200 Des Moines, Iowa 50315 Dubuque All -America C'� n�ni K xvni , nz: � a:u�ir, 2007*2012*2013 2017*2019 RE: Support Letter for JB Lofts — 1301 Central Avenue, Dubuque, IA Dear Mr. Hall, Economic Development Department 1300 Main Street Dubuque, Iowa 52001-4763 Office (563) 589-4393 TTY (563) 690-6678 http://www.cityofdubuque.org The City of Dubuque continues to face increased challenges in the need for quality, affordable housing. Increasing safe and affordable housing opportunities is a primary focus of the City's FY 2021-2025 Consolidated Plan, and we are pleased to support the 30-unit affordable housing community proposed by Horizon Development Group, Inc. to be located at 1301 Central Avenue. Advancing this project would mean additional quality housing options for qualifying households at or below 60% of area median income, including (3) permanent supportive housing units that will assist the most vulnerable populations in our community. Additionally, we understand the project is applying for HOME program assistance. The project not only aims to repurpose an iconic, vacant building in the City's downtown but simultaneously addresses the community -wide need for affordable housing. The City of Dubuque has worked with Horizon Development Group, Inc. on past affordable housing projects and strongly supports the effort to move the project forward. If I can provide any other information or perspective, please feel free to contact me. Respectfully, Jill M. Connors Economic Development Director City of Dubuque (563) 589-4213 THE CITY OF DUB E Masterpiece on the Mississippi February 26, 2024 Dubuque Economic Development Department 1300 Main Street All-Me1*109ft Dubuque, Iowa 52001-4763 kxv,�. av�ccrvar 1 Office (563) 589-4393 I I TTY (563) 690-6678 ® http://www.cityofdubuque.org 2007*2012.2013 2017*2019 IFA HOME -ARP Program Application Evaluators 1963 Bell Avenue, Suite 200. Des Moines, IA 50315 Dear HOME -ARP Committee, On behalf of the City of Dubuque, I would like to offer my full support of the 1700 Central/Dubuque Initiatives application for HOME -ARP low-income housing program funding for these important downtown Dubuque historic structures. We value a project that provides more housing options for our disadvantaged citizens, especially in this low- income census tract. The proposed upper -story apartments in these buildings will further the revitalization of the Central Avenue Corridor — A Dubuque City Council high priority policy agenda item. We believe these units will be a replicable example for other downtown property owners in every size city of Eastern Iowa. Low-income housing projects like these rarely take on the challenging and costly process of rehabilitating older downtown structures. However, this area is exactly where we need housing assistance and quality reuse of our building stock. The revitalization of the Central Avenue Corridor is of the utmost importance to the social and economic wellbeing of our downtown residents. At the direction of the Mayor and City Council, City staff are developing a revitalization plan for the area in addition to the implementation of public improvements throughout the Corridor. For these reasons, we encourage you to support this application and assist the Dubuque Initiatives/1700 Central LLC in continuing to address the critical low-income housing shortage across the state. Thank you for your consideration. The potential for new housing options, resulting in new investments for the state of Iowa is significant. We believe this is a worthwhile project and hope you look favorably on it in your review process. Respectfully, Jill M. Connors Economic Development Director 2