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HomeMy WebLinkAboutMinutes 1986Ni autos Nayor's Committeo on the Special Housing Fund December 9, 1986 Nmmbees Prosoat: S._ Brady, R. Drib, N. Carry, D. Drummer, A. Newman, L. Spioth. R. Warshaw and N. Vold Nombers Absent: C. Ross Start Present: L. lalkisgton and R. Rudd Otbw Present: S. Fos, amd J. Tolbording PrMidiag Official: N. Vold Chairman Vold called the meeting to order at 7:40 p.m., add introduced the mmobwo of tie newly formed Cammitteo. The Committee earlier received a memorandum from City Manager Joel isprooth to the Chairman and Nsrbers of the Administration and Public Yorks Committee. detailing the recommendation for debt restructuring oa 1979-d Ibrtgage Revenue Roads. The Conti ttee also received a rorandam from City Manager /sprooth to the Special Having Fund Committee dated December 9. 1986, bringing the Committee up to date regarding the solicitation of proposals for the refunding or restructuring of the subject mortgage revenue bonds. Chairman Wold referred to the Committee a memo dated December 4, 1986, from Mayor .loan Barr rmga.rding Committee objectives and process. Chairman Wold directed the Committee to page 2. number 7 to discuss the issue of Identifying needs to be addressed by the Committee and evaluating proposals submitted to the Committee. Weld questioned the Committee members as to their opinions whether the Cawemitteo and its process should review target or special populations. She indicated that the City of Evanston is composed of various special populations with different needs. Warshaw asked if staff could provide the Committee information on current studies which detail the various needs. Brady suggested that the Committee focus on 'long-term, affordable housing' such as rehab, housing development, possible rental subsidization, etc. Warshaw stated that the Committee should attempt in their process to approve proposals that have the greatest impact possible. Chairman Wold suggested that the Committee consider speadi'ng some of the approximate $1.1 million currently and that a large amount be invested to be utilized for long-term housing needs. Rev. Curry questioned if it wouldn't be better for the Committee to Identify population needs first and then develop ideas for affordable housing to meet those needs! Wold stated that the Committee should decide what amount should be spent short and long-term at an early point. Newsman stated that he feels that the Committee needs to focus on goals and priorities at a very early stage of its meetings. Newman stated that b not doing so, the Committee would not Arnow what options they have and Nat iliautes , mayor's Committee on Special Sousing pond December 9, 1986 alternatives are actually available. Vold questioned as to whether the Committee would commit to not spending all of the money short-term and would consider Investment of a substantial amount for a longer term period and stiliso the interest of that investment for annual projects! Newsman stated that be is not that excited about long-term investment because the count of interest as the $2.1 million mat not be enough to fund projects. hash stated that he agnme with Nownea and that he would lilts to spend suet of the money sae and attempt to receive some return on investment through loans, etc. Drummer stated that be agrees with both Newman and Bush that the money should be spent now and that the programs approved for the short-term could generate program income and thus be ongoing. Carry stated that he fools that the Committee at this point oast define the process for distributing the dollars. Brady stated that she toads to think of the fund as a bank and that ouch proposal could be roviwed individually. She also stated that she toads to not want to fund social service programs. however, she might consider possibly funding a rental subsidy program. Warshaw stated that she is interested in creating now housing, whether that be rehabbing existing or construction of now. Spied requested that staff supply the Committee a list of all housing progremo (City operated and outside agescios). ten. Curry questioned staff as to whether information could be obtained on absentee property owors in the City of Evanston. Staff indicated that if than was a particular address In mind, the oucership could be determined, but that it was not feasible to provide title searches for all property in Evanston to decide which parcels are not owned by Yvanston residents. Warshaw stated that it was her concern that the City not become a landlord, but look at other options such as limited equity co-ops. mutual housing agencies, etc. She stated that she is opposed at this point of the City directly purchasing and holding housing. Newman stated that be is particularly interested in addressing boarded -up, abandoned structures within the City. Drummer stated that possibly the City could buy those structures, rehab than and moll at a write -down cost to qualified moderate income purchasers. Spieth questioned whether the Committee should consider taking the fund money and investing to allow substantial growth over a period of time. Dumb stated that spending the money now is necessary since there are needs now and that by doing so the spin-off effect from rehabbing abandoned houses or dilapidated houses is significant in the neighborhood or on a block. Warshaw stated that blight is contagious, but so is investment is that the sight of rebabbing may cause additional upkeep in the neighborhood. bush stated that to not spend the money to answer current needs and to beak it for future projects will raise a red flag. A portion -2- Cl Al rrl 'D Ninates Iityor's Committee on Special Housing Fund December 9, 1986 at the ca■msnity that is watching sees that the City has an opportunity to correct deteriorating situations, bat elects to beet the momay and do nothing. Drummsr stated that to spend the money now has the short and long toss effect of increasing the property value. Brady stated that possibly the Cosaittee may mat to identify one, two or three issues such as the board-ope and focus on those Items. Vold questioned the Committee as to whether social service programs should be considered. She urged that an early decision be made. Discussion castinsed as to what was or was mot a social service program. Brady *Mooted that the dollars should be spent on capital Improva ment programs and set soft cost social service programs. Warshaw stated that to my case same dollars need to fused the administration of the programs. Brady questioned whether same of the mosey should be spent for special housing populations. Drummse stated that be is concerned with various social needs and that soma dollars sight be beat spent for those. Brady questioned whether transitional housing would fall into social service programs or Into another program. Newman stated that he also did not want to sped the dollars on social service programs, but was interested in boarded -up bowing programs and possible administration cost for these programs. Brady offered that possibly social service programs could be defined as day care, homeless cams management, etc. Carty suggested that the Committee develop objectives before they proceed. Drumrmmer stated that he was to laver of addressing the boarded -up program and, in addition to his earlier suggestion, brought to the attention of the Committee tCDC's program of kcqui/oenture as a possible scans for handling boarded -up structures. Bush stated that he fools that it is Important to improve the housing stock. Brady stated that it is bar opinion that the Cassittoe should focus on long tons affordable housing and gear all guidelines to provide affordable housing. Bush stated that he concurs and suggests that efforts be made through this program to tamp single family units and possibly two. throe tad four flats affordable. Kowa" suggested that the Committee focus on ¢moo rd-ups and affordable housing as the major issues. Warshaw suggested that the Committee modify Newman's proposal and focus on "significant substandard housini' (which would include board -ups) and also "affordable rental housing" (long-term). In this owner the condition of housing stock, could be addressed. Rudd explained by doing so the Cosmtittas should consider that it is possible that certain special populations would be eliminated from aid from this program. It was the consensus of the Co mittee to request staff to provide further information at their nezt meeting on the two areas mentioned above. Warshaw inquired of staff if a list of tax delinquent properties could be obtained and provided to the Cowitt*o. -3- 10 • minutes mayor's Committee on Special Housing fund December 9, 2986 n Brady suggested that at the nest meeting the committee develop a process that would precede the application of proposals. e of Future Meetings - Vold suggested that this committee meet on the ollowing schedule: January 13 and 27, 1987; February 10 and 24, 1987 and ■arch 3, 1997. hold further suggested that the meotings of January 13 and 27 that the committee purses developing parameters for the two earlier maatiew d areas of focus. msabers of the Committee suggested that the committee draw arm the housing egertise residing is Rraastom and submit names to staff to have experts speak to the Committee at a meeting on January 20, 1987. Chairman Vold stated that it hopes that in March, 1987 the Casmittee would have developed parameters, accepted, and reviewed proposals, mad* recaps adations on the respective proposals and dollars amount to be allocated and submit those recommendations to city council for approval of the funding choices. Meeting adjourned at 9:4Si p.m. Next scheduled mooting January 13, 1987 at 7:30 P.M. Upon questioning about the exact dollar smonat and timing of receipt of the funds, Redd indicated that the Committee most likely would not know the exact dollar amount until late January or early February and also the conditions, if any, on spending the mosoy at that time. Receipt of tho money may not taM place until late !larch or February of 1987. 27(12/1S) 14 -4-