Minutes Housing Trust F 11 23 4
MINUTES OF THE HOUSING COMMISSION
TRUST FUND COMMITTEE
DATE:
TIME:
PLACE:
November 23, 2004
7:30 a.m.
Housing and Community Development Department
1805 Central Avenue, Dubuque IA 52001
Acting Chairperson Doris Hingtgen called the meeting to order at 7:32 a.m. following staff
assurance of compliance with Iowa Open Meeting Law.
Committee Members Present: Doris Hingtgen John Walsh
Harry Neustadt
Committee Members Absent: Jim Holz Char Eddy
Staff Present: David Harris Jean Noel Joleen Patterson
Certification of Minutes: 24 September. 2004 Trust Fund Committee Meeting
John Walsh moved to approve the 24 September, 2004 Housing Trust Fund meeting
minutes. Doris Hingtgen seconded. Roll Call. All present in favor. Motion passed.
Correspondence I Public Input
None
Old Business
IFA Housing Trust Fund Application
David again informed the Committee that we received notice from the Iowa Finance Authority
regarding the State Housing Trust Funds, recommending giving preference to newly formed
local trust funds not previously funded in 2004. The IFA will notify previously funded local
trust funds in February, 2005 of the opportunity to apply for remaining funds.
New Business
Fannie Mae Trust Fund Award
David informed the Committee that we received a grant from the Iowa FannieMae
Partnership Office in the amount of $4,000 to assist with Trust Fund operations. The
Committee agreed to put the additional funds toward the Washington Street Revitalization
Project to help restore the downtown neighborhood and increase ownership opportunities for
lower-income families.
David updated the Committee on the planning session that was held with other City
Departments to consider a revitalization strategy for the Washington Street Neighborhood.
Doris Hingtgen updated the Committee on the purchase of the Washington Neighborhood
Shelter/Crossover Foundation property located at 382 E. 21st on behalf of Gateways to
Home. Upon discussion, John Walsh moved to award $15,000 to Gateways to Home
towards purchase of the property. Harry Neustadt seconded. Roll Call. All in favor. Doris
Hingtgen, abstain. Note: As this item was not scheduled on the agenda, action will be
scheduled for the next meeting of the Trust Fund Committee.
Sponsorship of HOME Program Application from Mid America Housing Partnership
David updated the Committee on the MidAmerica Housing Partnership (MAHP) proposal to
construct eight town homes affordable to households earning less than 80% median income
in the Eagle Valley Subdivision. Due to the increase in manufacturer's costs for the modular
homes, MAHP is requesting financial assistance from the City of Dubuque in order to reduce
development costs and produce affordable housing. John Walsh moved to approve
Community Development Block Grant (CDBG) funds in the amount of $5,500 to MAHP for
construction subsidy of each of the town house units, for a total of $44,000. Harry Neustadt
seconded. Roll Call. All present in favor. Motion passed.
Information Sharing
None
Adiournment
There being no further business to come before the Committee, Harry Neustadt moved to
adjourn. John Walsh seconded. Roll Call. All present in favor. Motion passed. Meeting
was adjourned at 8:31 a.m.
Minutes taken by:
Jean Noel
Housing Secretary
Respectfully submitted by:
David Harris
Department Director