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Arbor Glen Raven Hills - Oaks AMWF Properties Kyle Kritz, Asst. City Plalmer7645 Lyndal¢ Avenue South · Minneapolis, MN 55423 · 612-243-4639 · Fax: 612-243-5010 Jeanne Schneider Fax: 563-589-0890 Dubuque City Clerk Dubuque City Hall 50 W. 15~ Street Dubuque, IA 52001 March 28, 2002 Re: RESUBMITTAL OF ARBOR GLEN APARTMENTS BEFORE THE PLANNING AND ZONING COMMISSION Dear Ms. Schneider and Mr. Kritz: After meeting with numerous home owners in the subdivision to the south of our proposed project, I believe the best possible visual and sound buffer which will benefit both subdivisions would be to plant 27 to 30 (7'-8') white pines along the southern 4 or 5 contiguous lots. We will plant these trees on 12 foot centers and stagger the trees as necessary. Please enclose this letter in the P & Z and City Council packets for this month. As I understand the P & Z procedure, the next available City Council meeting will be on Monday April 15, 2002, and all completed P & Z matters are automatically forwarded from the Commission to the City Counc'fl's next meeting. Obviously I will plan to attend this City Council Meeting and will wish to make a project presentation. Additionally, I will also be asking the City Council (on the meeting of April 15th) for a "Resolution of Support" on Arbor Glen Apartments. I believe you have a copy of the resolution which was previously tabled by Council. If approved, I will need to submit the resolution to the State of Iowa before April 19th. Jeanne, if you still have the resolution in your files, could we resubmit this to the City Council for the April 15, 2002 meeting.? If you or Kyte need any additional information, please comact me at 612-243-4639. Thank you. Sincerely, Vice President - Real Estate Development eo!iiO ' MIWF roperties Jeanne Schneider Dubuque City Clerk 50 W. 15t~ Street Dubuque, IA 52001 7645 Lyndale Avenue Souffa · Minneapolis, MN 55423 · 612-2434639 · Fax: 612-243-5010 Fax: 563-589-0890 December 26, 2001 Re: Exhibit 14, City Resolution of Support for Council Meeting of January 7, 2002, REQUEST FOR AN APPEARANCE BEFORE THE CI'I'~ COUNCIL FOR AN ISNFORMAL REVIEW AND RESOLUTION OF SUPPORT FOR AFFORDABLE HOUSING IN THE CITY OF DUBUQUE; Council Meeting of January 7, 2002 Dear Ms. Schneider; The following is an explanation of the 'Resolution of Support" required by the State of Iowa for IFA project approval: a. The project (Raven Hills) will contain not more 66 units, but specifically we will design and submit for 8 buildings with 8 apartment units in each building. The project mix will consist of 16 units of 3 bedroom and 48 units of 2 bedroom design. This will be new construction on the 7.7 acres at the dead end of Raven Oaks Drive in the Northwest quadrant of the City of Dubuque, IA. c. The project will have a community room of 1400 SF. d. The Sponsor (MWF Properties) has requested local financing assistance through DB & T for 1% of the project development cost. I certainly understand that any "letter of support" may require some conditional statements regard'rog approvals fi:om the City Council, Planning, and the City Engineer. This Resolution of Support is predicated upon project approval by these agencies. Please review the attached sample letter and adapt it to meet your cities needs. Furthermore, MWF Properties will provide the City Council with any type of waiver or letter to "hold harmless" the city for a c6nceptual support of this project. Exhibit 14, the Resolution of Support should be signed by the Mayor or City Manager. If you have any questions, please contact me at 612-243-4639. Thank you for your help. Sincerely, David T. Steele Vice President - Real Estate Development S%even Ul~ad 8pohi%eo%~ 5S3-557-316E EXHIBIT 14 SAMPLE RESOLUTION WHEREAS, the City of , Iowa, has been informed by that a Iow income housing tax credit application (will or has been) filed with the Iowa Finance Authority for the development of affordable rental housing to be tocated at , Iowa with a legal description as follows: WHEREAS, this housing project will contain units; WHEREAS, the units will be targeted to (elderly, family, special needs, mixed income, rent subsidized); WHEREAS, the project will be a (new construction, acquisition and rehabilitation or rehabilitation); WHEREAS, the property will have the following amenities: WHEREAS, the Sponsor has requested local assistance through (tax increment financing, a tax abatement, issuance of taxab e revenue bonds); NOW, THEREFORE, BE IT RESOLVED by the City of Goveming Body, that wa support and approve the development of the aforesaid housing in our community, subject to city ordinances and the building permit process. This resolution is effective until __. In the event that any of the characteristics mentioned above should change prior to the issuance of a building permit, this resolution is null and void. ADOPTED BY THE GOVERNING BODY AND APPROVED BY THE MAYOR, this ,200 day of Mayor ATTEST: City Clerk SEAL TO: MEMORANDUM December 26, 2001 The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Affordable Housing Tax Credit Program Application from MWF Properties The City of Dubuque has received a request from MWF Properties, a private developer, for City support of an application to the Iowa Finance Authority for housing tax credits for a new construction family apartments complex to be located on Raven Oaks Drive. The Iowa Finance Authority accepts applications once a year, and the due date is January 14, 2002; the request for Council action was received from the developer on December 20, 2001. This project on Raven Oaks Drive is a replacement for a previously proposed affordable senior housing complex by another developer. The Affordable Housing Tax Credit Program provides an equity financing mechanism for housing projects which in turn must provide rental units for Iow- and moderate- income tenants. In Iowa it is administered by the Iowa Finance Authority, which this year will distribute approximately $5 million in tax credits State-wide, on a competitive application basis. In Dubuque, projects previously financed through this program include Heartland Housing lnitiative's Loras Boulevard and Main Street apartments, the Applewood seniors complex on Pennsylvania Avenue and the Bishop's Block Apartments. The Iowa Inn project was also awarded tax credits in 2000, and is now under construction. These projects were either rehabilitation of existing downtown structures, or new construction of affordable senior housing. Only one family development, new construction requests for tax credits have previously been considered by the Council. That was received in 1995 from Heartland Housing Initiative, a local non-profit organization now known as Mercy Housing. The Council did pass a resolution of support for that application to IFA, which proposed 49 family units to be constructed at the end of Windsor Avenue. This project was ultimately not funded by IFA. MWF Properties' request is for a resolution of support for the Raven Hill Apartments, a 66 unit affordable family housing rental complex. It is to be located on Raven Oaks Drive, near JFK Road. Due to the short time frame of the request from the developer, this request for support has not been reviewed by the Housing Commission. There is no Housing Commission or staff recommendation related to this project. Michael C. Van Milligen MCVM/jh Attachment cc: Barry Lindahl, Corporation Counsel Cindy Steinhauser, Assistant City Manager David Harris, Housing and Community Development Director CITY OF DUBUQUE, IOWA MEMORANDUM 20 December 01 To: Michael V.~,n Milligen, City Manager ,~ ~. ~'1-.~ mm~ D velo merit From; ~Javid Hah'is, Housing and Co mity e p Department Re: Affordable Housing Tax Credit Program application from MWF Properties Introduction The purpose of this memorandum is to review the request from a private developer for City support of an application to the Iowa Finance Authority (IFA) for housing tax credits, for a new family apartments complex to be located on Raven Oaks Drive. The Authority accepts applications only once a year. And although the applications are due on 14 January 2002, the request for Council action was received bom the developer on 20 December. Background The Affordable Housing Tax Credit Program provides an equity financing mechanism for housing projects which in turn must provide rental units for Iow- and moderate-income tenants. It implements Section 42 of the Internal Revenue Service Code, returning tax credits to investors who build or'renovate low income housing. In Iowa it is administered by the Iowa Finance Authority, which this year will distribute approximately $5 million in tax credits State-wide, on a competitive application basis. In Dubuque, projects previously financed through this program include Heartland Housing Initiative's Loras Boulevard and Main Street apartments, the Applewood seniors complex on Penn.qylvania Avenue and the Bishop's Block Apartments. The Iowa Inn project was also awarded tax credits, in 2000, and is now under constructior~ Beg~nnlng with last year's tax credit funding competition, the Finance Authority revised its administrative rules. Nowrequired ofall applicants is commitment from a "public or private agency" ora "local conm'buting effort" with a value of not tess than one percent of construction costs of the project. This is a threshold scoring requirement for the tax credit application. However, the developer, MWF Properties, has secured the necessary local contn'bution from private sources, and is not requesting City assistance for the proposed project. Discussion MWF Properties' request is for a resolution of support for the Raven Hill Apartments, a 66 unit family housing complex. It is to be located on Raven Oaks Drive, near IFK Road. For purposes of the application, a resolution of support must be obtained at this time; the deadline for submission to the Finance Authority is 14 January. A proposal for housing tax credits for the Raven Oaks site was submitted by another developer last May, and received a resolution of support fi:om the City Council at that time. However, that proposal for was development of 62 units oflow-inoome senior housing, not for family units. Only one family development, new construction proposal (for tax credits) has previously been considered by the Counoil. That was received in 1995 flora Heartland Housing Initiative, a local non-profit organization now known as Mercy Housing. The Council did pass a resolution of support for that application to IFA, which proposed 49 family units to be constructed at the end of Windsor Avenue. This project was ultimately not Recommendation The developer's request is presented to the Council without recommendatior~ Action Step The action requested of the City Council is to consider MWF Properties' request for support of a family residential complex on Raven Oaks Drive. Specifically, the request is for authorization of the Mayor's signature on the attached resolution of support, for the application for tax credits to the Iowa Finance Authority. ; RESOLUTION NO. 221-02 A RESOLUTION OF SUPPORT FOR THE DEVELOPMENT OF A RENTAL HOUSING PROJECT TO BE KNOWN AS RAVEN HILL APARTMENTS WHEREAS, the City of Dubuque, Iowa has been informed by MWF Properties that a Iow income housing tax credit application will be filed with the Iowa Finance Authority for the development of a sixty-six (66) unit family rental housing project to be known as the Raven Hill Apartments ("Raven Hill") to be located on approximately 7.7 acres at Raven Oaks and Crissy Drives, Dubuque, Iowa (''Property"); WHEREAS, the Property is legally described as follows: Lots 1, 2, 3, 4, 5 and 6 of Block 1; Lots 1, 2, 3, 4, 5 and 6 of Block 2; Lots 1, 2, 3, 4, 5 and 6 of Block 3; Lots 1, 2, 3, 4, 5 and 6 of Block 4; Lots 1, 2, 3, 4, 5 and 6 of Block 5; Lots 1, 2, 3, 4, 5 and 6 of Block 6; Lots 1, 2, 3, 4, 5 and 6 of Block 7; all in "Oak Brook Townhouses" in the City of Dubuque, County of Dubuque, Iowa, according to the recorded Plat thereof. Lots 7, 7a, 8, Sa, 9, 10, 10a, 11, 12, 13,14 and Lot 1 of Lot 15 ia "Oakbrook Development" in the City of Dubuque, Iowa, according to the recorded Plat thereof consisting of approximately 7.7 acres located in Dubuque County;, Dubuque, Iowa. WtTIqREAS, Raven Hill units will be targeted for family housing; and WHEREAS, Raven Hill will be a new constmction project built on a vacant parcel of land; WHEREAS, Raven Hill will have the following amenities: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. The City supports the application of Raven Hill Apartments for Affordable Housing Tax Credits, subject to necessary public hearings, ordinances and building permits. Section 2. This resolution shall remain effective until I June 2002. In the event that any of the above-listed characteristics of Raven Hill should materially change prior to the issuance of a building permit, this resolution shall be null and void. Attest: Jeanne F. Schneider, CMC r Passed, approved and adopted this 15th day of April, 2002. Terrance M. Duggan, Mayor WISCC J RY ~ SAGEVILLE KENNEDY MIDDL~ DUBUQUE SCALE OF MILES For local bus information, call 319-589-4196 Unive~ of ! Theologicai .. CASCO' TO AIRPORT TO Dubuc~ue JLjL ~ TO BELLEVUE R-4 Dr PR Ivlaryw Proposed area MEMORANDUM April 11,2002 TO: FROM: SUBJECT: The Honorable Mayor and City Council Members Michael C. Van Milligen, City Manager Raven Oaks One of the concerns that have been expressed about the Raven Oaks proposal for affordable housing units has been the question of management capacity of this out-of- town developer. I asked David Harris to do some checking on that issue, and he has provided me the attached information. MCVM/jh Attachment cc: Barry Lindahl, Corporation Counsel Cindy Steinhauser, Assistant City Manager David Harris, Housing and Community Development Director CITY OF DUBUQUE, IOWA MEMORANDUM 10 April 02 To: Mike V.~ Milligen, City Manager From: David Harris, Housing and Community Development Department Re: Raven Hills Apartments Introduction The purpose of this memorandum is to provide information on the performance of Weis Management, the firm intended to manage the proposed Raven Hills Apartments project on Raven Oaks Drive. Background MWF Properties has proposed to build a 64-unit family housing complex on Raven Oaks Drive. The Council will be considering a rezoning request required for this project; this has been previously recommended for approval by the Zoning Commission. The developer successfully applied to the Iowa Finance Authority for Low Income Housing Tax Credit Program financing; in April IFA announced an award in excess of $3.1 million for this project, In return for this assistance, 47 of the unit~ will remain occupied by tenants earning no more than 60% of area median income, for the 15-year term of the Tax Credit Program compliance requirements. Discussion MWF, the developer, intends to contract with Weis Properties for management of this project. Information provided to the Housing office indicates that Weis manages 44 Tax Credit Program properties in Iowa, Minnesota and Wisconsin, totaling 2285 units, in both senior and family projects. Of these, 36 properties, totaling more than 1700 units, have been under Weis management for more than three years, with many dating to the 1970's. Our research on the Weis firm's management performance history includes the following: In Iowa, Weis manages three projects, totaling 196 units, at locations in Waterloo. Two of these are for seniors; one, Greenridge Family Housing, is a 32-unit family complex. The housing coordinator at the Waterloo Housing Authority described the seniors facilities as "beautiful;" and stated that the Greenridge complex was adequately managed. The Fire Marshal's office in Watedoo performs all housing inspections; the representative stated that the subject properties were adequately managed, with code violations promptly corrected. Finally, a contact with the Waterloo Police Department indicated that their history with the Weis-managed properties was satisfactory in all aspects. The other Iowa location for a Weis facility is in Cedar Falls, a 70 unit Section 8 family project. A conversation with a representative from the City Developmental Services Department indicated a satisfactory management history with this project. It was noted, however, that the property was sold last year; and that dudng the last year of Weis' tenure it had experienced high vacancies. In Cedar Falls, housing inspections are performed by the Fire Department. The housing inspector contacted stated that the Cedar Square complex had experienced periodic difficulties in the past, including tenant behavior and building maintenance issues. The inspector's opinion was that Weis had appropriately responded to this situation, bdnging in main office personnel and addressing the problems in a timely fashion. The Cedar Falls Police Department stated that the management performance of the Cedar Square apartments had been generally satisfactory. However, their staff did confirm that criminal background checks are not requested on the tenants. Weis Management is based in Rochester Minnesota. The firm manages 852 units in 14 projects in Rochester. A contact with the crime prevention officer at the police department indicated general support for the Weis firm. The officer stated that Weis personnel have participated in the Rochester Crime-Free Multi- Housing Program over the years, regularly participate in monthly landlord meetings and have been supportive of the police department's initiatives.