Minutes Housing Trust Fund 9 3CITY OF DUBUQUE, IOWA
PUBLIC NOTICE OF MEETING
Government Body: City Council
Date: TUESDAY, September 3, 2002
Time: 6:30 p.m.
Place of Meeting: Public Library Auditorium
NOTICE IS HEREBY GIVEN that the above identified governmental body will meet at
the time, date and place as set forth above.
The TENTATIVE AGENDA for the meeting is as follows:
See Attached Agenda
This notice is given pursuant to Chapter 21, Code of Iowa, 2001, and applicable
local regulations of the City of Dubuque, Iowa and/or governmental body holding the
meeting.
__________________________________
Jeanne F. Schneider, CMC, City Clerk
ANY VISUAL OR HEARING IMPAIRED PERSONS NEEDING SPECIAL ASSISTANCE OR
PERSONS WITH SPECIAL ACCESSIBILITY NEEDS SHOULD CONTACT THE CITY
CLERK'S OFFICE AT (563) 589-4120 OR TDD (563) 690 6678 AT LEAST 48 HOURS
PRIOR TO THE MEETING
MINUTES OF THE HOUSING COMMISSION
TRUST FUND COMMITTEE
DATE:
October 29, 2002
TIME:
7:30 a.m.
PLACE:
Housing and Community Development Department
1805 Central, Dubuque IA 52001
Chairperson Jim Holz called the meeting to order at 7:30 a.m. following staff assurance
of compliance with Iowa Open Meeting Law.
Committee Members Present:
Jim Holz Doris Hingtgen Char Eddy
John Walsh Harry Neustadt
Staff Present:
David Harris Jean Noel Joleen Patterson
Introduction of New Member: Char Eddy
Jim Holz introduced Char Eddy as the newest member of the Housing Trust Fund
Committee. She is a financial counselor with the Iowa State Extension office and assists with
st
the City of Dubuque’s 1-Time Homebuyer Programs.
Review and Certification of Minutes of 18 July, 30 July 2002 Meeting
Doris Hingtgen moved to approve the 18 July, 30 July 2002 Housing Trust Fund Committee
minutes. Harry Neustadt seconded. Roll Call. Char Eddy, abstained. All others present in
favor. Motion passed.
Correspondence / Public Input
None.
Old Business
Seller Assisted Financing Policy
Predatory Lending Policy
Joleen reviewed the Statement of Property Value and Closing Costs Certification by Buyer,
Seller and Lender which is signed at the time of closing. Staff proposed to combine this
statement with the Responsible Lending Guidelines. This document will prevent any false or
misunderstood information given to the homebuyer. Joleen stated that if there is a problem
at that time, there is a more informative form to be filled out by the buyer, seller, lender, and
the realtor.
Downtown Rental Survey Planning
Focus Groups – Art Roche
David noted that Art Roche will be ready to begin the focus groups at the end of October.
Once that information is provided it will then be forwarded to Len Decker of Loras College to
begin the tenant phone survey.
River Town Rents 2002 Planning
David asked the Committee to extend the survey deadline of September 10 to October 10.
Due to our fiscal year ending June 30 it will be hard for staff to generate the information in a
timely manner. Doris Hingtgen moved to approve the extension of time to October. John
Walsh seconded. All present in favor, motion passed.
David asked the Committee to consider using an occupancy survey based on all 8,000 units
city-wide. Currently we are calculating the occupancy rate for all units exclusive of rent-
assisted units (Section 8 and privately owned subsidized units). He also asked the
Committee to consider that we publish occupancy rates by quadrants in the city, rather than
as a city-wide rate. Harry Neustadt moved to accept the request to use a single occupancy
survey as David proposed, based on all rental units. Doris Hingtgen seconded. All present
in favor. Motion passed.
Dick Crosby Visit
David provided background information on the Affordable Housing Task Force that was
formed to research opportunities to develop affordable single family housing. Currently, little
activity is on-going on the task force. David asked if the Trust Fund Committee could
regenerate this effort. Upon discussion on a wide range of options and land sites, John
Walsh suggested we bring in some contractors such as Fondell and Freiburger and prepare
a proposal encouraging low income development such as the Crosby Project. Doris
Hingtgen moved to to discuss a development plan to prepare for Council. John Walsh
seconded. Roll Call. Eddy – yes, Holz-abstain, Walsh-yes, Neustadt-yes, Hingtgen-yes.
Motion passed.
Five Points Rehab Project Up-Date
David updated the Committee on the Five Points Project. He explained that we are in the
process of contacting the homeowners regarding participation in the program in restoring
their homes; and awaiting historic review approval from the State Historic Preservation office.
Federal Home Loan Bank “PATH” Application
Joleen reported that the Federal Home Loan Bank should be notifying applicants by the end
of November if they were funded. She stated that the application in the amount of $250,000
st
would be to assist 1 Time Homeowners with downpayment and rehab costs.
Annual Performance Report
David shared the Annual Performance Report with the Committee. They commented on the
impressive work performed by Housing Staff.
New Business
FY04 Capital Budget
The Trust Fund budget for FY03 is $52,100 and has been committed to the Five Points
project. There are no funds in the budget for FY04.
Information Sharing
David shared information on plans to remodel/restore the Housing Department building.
Adjournment
There being no further business to come before the Committee, John Walsh moved to
adjourn. Harry Neustadt seconded. Roll Call. All present in favor. Motion passed. Meeting
was adjourned at 8:37 a.m.
Minutes taken by:
Jean Noel
Housing Secretary
Respectfully submitted by:
David Harris
Department Director