Minutes_Housing Trust Fund Advisory Committee 5 14 15 UNAPPROVED MINUTES OF THE
HOUSING TRUST FUND ADVISORY COMMITTEE
DATE: Thursday, May 14, 2015
TIME: 7:30 a.m.
PLACE: Housing and Community Development Department
350 W. 6th Street, Suite 312, Dubuque IA 52001
Chairperson Jim Holz called the meeting to order at approximately 7:32 a.m. following
staff assurance of compliance with Iowa Open Meeting Law.
Committee Members Present: Jim Holz John Walsh
Sr. Dorothy Schwendinger Amy Eudaley
Committee Members Absent: Doris Hingtgen
Staff Present: Brenda Henry Kris Neyen
Public Present: none
Certification of Minutes: February 11, 2015 Housing Trust Fund Advisory
Committee Meeting
Committeeperson Schwendinger motioned for the minutes to be accepted.
Committeeperson Walsh seconded. All in favor. Motion passed and minutes accepted.
Correspondence / Public Input
None
Old Business
Update on Rehab and Trust Fund Activities
Kris updated the Committee on the Trust Fund activities. We are required to keep all
IFA funds separate. The funds available for 13-17 have all been spent. The funds that
were available for 14-15 was $90,000 at the time of the report, but as of the date of the
Trust Fund meeting, those funds were down to $25,000. There are numerous new
buyers in the Washington Neighborhood.
Kris then updated the recap of the properties in the Rehab Department. We have
transferred two properties to CHI to enable them to rehab the properties to sell. Kris
updated the CHI properties available.
New Business
Review New Rehab Program Guidelines and approve for Trust Fund Activities
The programs are going back to original names. The income limits for the programs
have gone down instead of up. These income changes came in without any notice from
HUD. Kris provided everyone with a recap of what the old programs were and what the
programs will be as of July 1, 2015. Our goal is to get back to the programs the money
that is collected instead of that money going into the big pot, where we can't reuse it as
we would like. Kris reminded the Committee that the City Council cannot overrule the
Trust Fund; that the Trust Fund makes the final decision. The old Washington
Neighborhood program gave the homeowner$15,000 ($5,000 that was forgiven and
$10,000 that was due on sale). The new program offers the homeowners $10,000 with
repayments to begin immediately. Another change is that the HOME Workshop is going
to be mandated for all Housing loan programs. Jim Holz discussed his feelings on
optimizing the 'revolving loans" so that we can continue to help other people.
John Walsh motioned to approve the new guidelines. Sr. Schwendinger seconded. All
in favor. Motion passed.
Information Sharing
Kris shared with the Committee a project that some of the Housing staff participated in
the Days of Caring with putting on siding on an eye-sore of a home. She shared the
difficulties she had in getting the information from the homeowner but in the end, she
gained her trust and we were able to help her with a Repair loan so that she could get
these repairs done.
Amy Eudaley provided information from Hillcrest regarding some programs that are
available through Hillcrest Family Services to assist with rent for veterans and
individuals with diagnosed mental illness and so many other programs that Hillcrest has
available.
Adjournment
There being no further business to come before the Committee, Amy Eudaley motioned
to adjourn. Jim Holz seconded. Meeting was adjourned at approximately 8:19 a.m.
Minutes taken by: Respectfully submitted by:
Brenda Henry Kris Neyen
Housing & Community Development Housing & Community Development
Rehabilitation Programs Secretary Rehabilitation Programs Supervisor