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Historic Pres Incentives budgetPlanning Services Department 50 West 13th Street Dubuque, Iowa 520014864 Phone (319) 589-4210 Fax (319) 589-4221 February 21, 2001 The Honorable Mayor and City Council City of Dubuque 50 W. 13th Street Dubuque, IA 52001 RE: Support for Histodc Preservation Incentives with budget impacts Dear Mayor and City Council Members: Last spring, the Historic Preservation Commission formed a Preservation Task Force in partnership with other preservation organizations to develop historic preservation incentives for the community. With input from the general public, we have recommended four incentives to the City Council that we believe will enhance the economic benefits of historic preservation. Like its investment in the riverfront for economic reasons, we believe that the City of Dubuque needs to invest in historic preservation for economic reasons. The City is investing millions of dollars in our riverfront, creating opportunities for economic growth and revitalization, toudst attractions, recreational facilities and attractive gateways. The dverfront is a key to Dubuque's economic prosperity and quality of life. The Mississippi River is Dubuque's No. 1 tourist attraction. The historic, architectural and cultural resources of Dubuque's historic landmarks, sites, districts, downtown and neighborhoods also are a key to Dubuque's economic prosperity and quality of life. These resources, like the Mississippi River, help form Dubuque's unique identity. They are Dubuque's No. 2 tourist attraction. Many property owners in histodc districts are Iow or moderate income households for whom home and property improvements can be expensive. The cost to make these improvements to historic properties can be more expensive in the short term than using conventional, historically inappropriate measures. The City needs to make investments in its historic districts that bridge the gap that owners of these histodc properties face due to their income, the cost of historic preservation, or both. We have proposed four histodc preservation incentives to help the City uphold its commitment to its historic sites and districts. By providing incentives for people to own, renovate and maintain historic structures, the City can retain and upgrade our existing housing stock, help revitalize neighborhoods, and improve the quality of life in Dubuque. Service People Integrity Responsibility Innovation Teamwork Page 2 of 2 We have enclosed a chart that provides an overview of the four incentives, the level of funding that we requested, the level of funding that City Manager Michael Van Milligen has recommended, and what action we would like the City Council to take. We are pleased that Mr. Van Milligen has recommended funding for three of the four incentives, and we ask that you concur with his recommendations. The unfunded incentive, however, a full-time Historic Preservation Planner, we believe is cdtical to the successful implementation of the other three incentives, as well as the "package" of preservation initiatives and ordinance amendments that we have recommended. We have enclosed a summary of our four incentives that describes what this full-time planner would do, and why this position is so important to histodc preservation efforts in Dubuque. Currently, the City has a budget of $30,000 allocated from CDBG funds for historic preservation. The City budgets approximately $15,000 annually for wages, benefits, training, supplies and equipment for this staff support. The City budgets for 1/4 of the time of an Assistant Planner in the Planning Services Department to provide support for the Historic Preservation Commission. In addition, the City has allocated $15,000 in CDBG funds annually for consultant services for the phased historic/architectural survey of the community. The budget request for the full-time Historic Preservation Planner is for $60,000, which includes approximately $50,000 for salary and benefits for an Associate Planner; and about $10,000 for supplies, training, equipment and new office furniture. The higher- paying Associate Planner position was requested so that, if approved, the Section 106 reviews for federally-funded or federally-permitted projects could be shifted from the Community and Economic Development Department to the Planning Services Department. We would greatly appreciate your support, which is so very important to the enhancement of historic preservation and economic development in our community. Sincerely, Terry Mozena, Chairperson Historic Preservation Commission Enclosures Vi 'enbnqno (~ .~/~ [.) ~en/wp/Council/ccbudget .It ,.doc SUMMARY DISCUSSION OF BUDGET RECOMMENDATIONS FOR HISTORIC PRESERVATION INCENTIVES Review by the City Council on February 26, 2001 I The Historic Preservation Commission and Preservation Task Force recommend that the City Council establish historic preservation incentives for rehabilitation of historic properties to bridge the gap that owners of historic properties face due to their income, the cost of historic preservation, or both. Among the City's historic preservation incentives, some programs are more successful and utilized more that others. We recommend that the City Council alter the existing incentives and adopt new programs to make histodc preservation a stronger economic development tool for downtown and neighborhood revitalization and investment. The four historic preservation incentives are shown in bold text, followed by an explanation of and a rationale for the recommendation. Recommendation #1: Change the Historic Preservation Homeowner Grant Program for Iow to moderate income households, by increasing the grant amount from $2,000 to $5,000, and removing the required match. The Historic Preservation Homeowner Grant Program now is available to Iow and moderate income owner-occupants of a single family, duplex or three-unit property at least 50 years old located in any of the five historic districts. Preservation grants for exterior rehabilitation projects (in the form of a forgivable loan) would continue to be available on a competitive basis to income-qualifying property owners who could earn up to 80% of median family income (MFI). For example, 80% MFI for a family of four is $ 36,250. Proposed program changes include replacing the current terms of a $2,000 grant with a $2,000 private match, to a $5,000 grant with no private match. At this income level, a $2,000 private match is often difficult to provide. Eliminating the private match would increase the availability of this program to a greater number of income-qualifying households. Grants of up to $5,000 could be fully forgiven after 5 years, with a limit of one grant per building. Eligible improvements presently are exterior doors, walls, windows, roofs, stairs, porches, railings, retaining walls, and painting. These would be changed to repair and restoration of porches, wood windows, wood doors, wood siding, character -defining features, and chimneys, as well as historic colors paint projects. All work would have to continue to meet the Secretary of the Interior's Standards for Rehabilitation. In addition to HPC approval, a grant review committee would rank the requests. Recommended City Fundin.q: $30,000 in Community Development Block Grant (CDBG) funds Funding could continue to be from the CDBG program, which has federally-mandated Iow/moderate income requirements. The annual budget of $20,000 could be increased to $30,000 by using the existing carryover. The Community Development Advisory Commission supports the allocation of $30,000 in CDBG funds for the revised homeowner grant program. Page 2 of 4 Recommendation #2: Create a $400,000 Historic Preservation Revolving Loan Fund to provide low interest loans to property owners at any income level in the four residential historic districts. Establishment of a iow interest Historic Preservation Revolving Loan Fund for the four primarily residential historic districts: Cathedral, Jackson Park, Langworthy and West 11th Street, would complement the similar loan fund available for the Old Main Historic District, which is primarily commemial. The loans would be available on a competitive basis to all property owners at any income level for exterior rehabilitation projects. All work would have to meet the Secretary of the Interior's Standards for Rehabilitation. A loan review committee would rank the applications, in addition to review and approval by the HPC. Priority would be given to projects that result in saving, restoring or reconstructing original building elements, using original materials that reflect the architectural character or significance of the property. Loans would be for up to $25,000 at 3% for 10 years, with a limit of one loan per building. Monthly principal and interest payments would begin after project completion. At least a second mortgage position and a promissory note would be required. Recommended City Fundin.q: $200,000 in Urban Development Action Grant (UDAG) funds Since the loans would be available to property owners at any income level, then CDBG funds cannot be used. CDBG funds are restricted to persons or households with incomes at or below 80% MFI. UDAG funds are not income restricted. Potential Additional Fundin,q: The Inner-City Ventures Fund (ICVF) and the National Preservation Loan Fund (NPLF) are available from the National Trust for Historic Preservation. The ICVF finances the rehabilitation of historic buildings that serve the economic and community development needs of Iow-, moderate-, or mixed-income neighborhoods. The NPLF provides loans to tax-axempt nonprofit organizations and local governments to establish local revolving loan funds for the stabilization and/or rehabilitation of historic properties in conformance with the Secretary of the Interior's Standards. Loan terms and conditions for revolving funds are terms up to 7 years at an interest rate of 1% below prime for up to $200,000. The NPLF also can provide loans to tax-exempt nonprofit organizations and local governments to acquire and/or rehabilitate historic buildings, sites, structures and districts. The loan terms and conditions vary with the type of loan. The Banc of America Historic Tax Credit Fund, managed by the National Trust for Historic Preservation, is a $25,000,000 equity pool that will invest in historic property rehabilitations that have economic development benefits for urban communities and central business districts. Most historic preservation projects are small. This fund is geared to invest in small-equity development projects, which is what. Local financial institutions also would be a source for this revolving loan fund, similar to their involvement in the revolving loan fund for the Old Main Historic District. Page 3 of 4 Recommendation #3: Create a $100,000 Historic District Public Improvement Program to provide incentives for public place and streetscape improvements in each historic district on an annual rotating basis, with improvements based on a comprehensive urban design plan for each of the districts. The City presently provides a number of support grants to neighborhoods in CDBG target areas, which are areas where a majodty of the households are at or below 80% MFI. There is some overlap between the CDBG areas and the five historic districts. A new Historic District Public Improvement Program would provide the means by which the City could fund public improvements and provide incentives to do streetscape elements such as landscaping, historic lighting, planters and signs. The Commission and Task Force members requested allocation of $100,000 to retain a qualified consultant to develop a comprehensive urban design plan for public places and streetscapes for the five historic districts. This plan would serve as the basis for the expenditure of the program funds in the historic districts, in the subsequent years, The HPC and Task Force also requested that the City allocate $100,000 annually, with funding to be rotated among the five historic districts each year. The HPC would review and approve all projects. Recommended City FundinR: $100,000 annually for 5 years from the General Fund Potential Additional Funding: Property owners could be assessed for a percentage of the costs using the formulas applied to City street or sidewalk assessment projects. Property owners and neighborhood associations could conduct fundraising events to help pay for their share. Additional state or federal grants also could be explored as possible funding sources. Property owners and neighborhood associations could conduct fundraising events to help pay for their share. Additional state or federal grants also could be explored as possible funding sources. CDBG funds could be used to fund improvements or assist with assessment costs to Iow and moderate income households in the four historic districts that are within the CDBG target areas. Recommendation ~4: Fund a full- time Historic Preservation Planner in the Planning Services Department. Currently, the City has a budget of $30,000 allocated from CDBG funds for historic preservation. The City budgets approximately $15,000 annually for wages, benefits, training, supplies and equipment for this staff support. The City budgets for 1/4 of the time of an Assistant Planner in the Planning Services Department to provide support for the Historic Preservation Commission. Additional staff support is provided by the Department Manager, Planning Technician and Secretary. Planning Intems assist with specific preservation studies, in addition, the City has allocated $15,000 in CDBG funds annually for consultant services for the phased historic/architectural survey of the community. The FYO2 budget request for the full-time Histodc Preservation Planner is for $60,000, which includes approximately $50,000 for salary and benefits for an Associate Planner; and about $10,000 for supplies, training, equipment and new office furniture. The higher-paying Associate Planner position was requested so that, if approved, the Section 106 reviews could be shifted from the Community and Economic Development (CED) Department to the Planning Services Department. Page 4 of 4 The CED Department continues to provide staff support for historic preservation with the Associate Planner who conducts the Section 106 reviews of federally-funded or federally- permitted projects. An Assistant Planner cannot be assigned to the Section 106 reviews, due to limitations of job responsibilities. The Commission and Task Force members believe that implementation of our recommendations will necessitate a full-time planner to administer the programs, provide assistance and coordinate the necessary services. The Building Services Department does not have the staff capacity to take on the additional work to conduct design reviews, inspect sites and ensure compliance with historic preservation regulations. The Housing Services Department does not have the capacity to administer preservation loans, preservation grants or a public streetscape program. The Planning Services Department does not have the capacity to expand historic preservation services beyond the current staff support to the Commission. We believe that a full-time Historic Preservation Planner will support the City's economic development and neighborhood revitalization efforts by implementing our package of initiatives, incentives and ordinance amendments. In addition to the currant duties, a full-time planner would organize events and functions, research funding opportunities, administer preservation loans and preservation/neighborhood support grants, conduct design reviews and educational seminars, inspect sites to provide information about and ensure compliance with historic preservation regulations, and provide expertise for City departments and property owners. This planner would encourage economic growth by helping to promote the City's historic areas, and facilitating investment in these areas. This planner also would foster partnerships by helping people maximize the use of preservation resources, finances, tax credits and other incentives, as well as providing technical assistance to access these resources. Additionally, this planner would apply for and administer grants that would leverage federal and state dollars into the community on behalf of individual property owners, community organizations, and the City itself. This person could conduct the historic/architectural surveys that the City now hires a consultant to do. These types of services could be augmented by an Historic Preservation Forum. This forum could fund and/or provide preservation services through partnerships beyond the City. The Historic Preservation Planner would develop, facilitate and maintain the Forum's partnerships and services. Recommended City Funding: --0-- Potential Additional Funding: The Iowa Community Cultural Grant Program is available from the Iowa Department of Cultural Affairs (DCA) to cities for historic preservation projects that will enhance Iowa's cultural climate and that provide employment for Iowans while serving the general public. The grant will fund up to $25,000 for part-time or full-time employment, such as hidng new staff positions within the City organization, or expanding existing jobs within the applicant organization. Several recent grant recipients are using the grant for full-time or part-time positions. The local match is at least 50% of the project costs. Up to 25% of the local match must be in cash. A new full-time historic preservation planner position would be competitive, especially in the first year. The DCA awards initial grants, and then also continuation grants. The program is very competitive, so the City would be most competitive for two or three years. The grant does not fund staff positions for longer than this. Icarstenh,~p/Council/ccbudgetrec. doc