HomeMy WebLinkAboutCAHAB Agenda 05-09-18
Community Affordable Housing Advisory Board
May 9th, 2018 | 8 AM | City Hall Commission Room: 121 N. Rouse Ave
A. Call meeting to order 8:00am
B. Changes to the Agenda 8:01am
C. Public Comment
Please state your name and address in an audible tone of voice for the record. This is the time for
individuals to comment on matters falling within the purview of the Committee. There will also be an
opportunity in conjunction with each action item for comments pertaining to that item. Please limit
your comments to three minutes.
D. Minutes for Approval
4.11.18 Minutes (PDF)
o 4.11.18 Video Link
E. Action Items 8:05am
1. Discussion of Application for Low Income Housing Tax Credits (LIHTC) for “Timber
Ridge” project. (Sam Long and Tracy Menuez of HRDC)
2. Vote to approve some updates to the CAHAB-endorsed proposed changes to the
affordable Housing Ordinance (Thane)
3. Create a plan for being part of the Affordable Housing discussion scheduled on the City
Commission’s May 14th agenda. (Thane)
a. Discussion and Adoption of guiding principles that CAHAB would like the City Commission to
direct staff to follow when rewriting or drafting future Affordable Housing Ordinances.
F. Non-Action Items
1. Affordable Housing Ideas (Thane)
a. Require anyone who demolishes existing dwelling units in order to replace them with higher-end
units to provide an equal number of dwelling units to replace the ones removed at a cost or rent
equal to the cost or rent of the units being removed. Optionally, a fewer number of units at a
proportionately lower cost or rent may be provided.
b. Tap the bed tax fund, the rationale being that low income folks provide the labor for hotels and
motels and other segments of the tourist industry
c. Provide a TIF incentive or similar to employers who provide affordable housing for their
employees.
d. Property tax exemption for affordable rental properties (Do through land trust?)
2. Discussion of whether to request that the City Commission require that Affordable
Housing Plans be reviewed by CAHAB
3. Discuss the possibility of having a presentation at a future CAHAB meeting by Ken from
HRDC and CAHAB’s Brooke Anderson to provide details regarding how housing
assistance applicants are qualified, what funding is available to them, how sources of
down payment assistance are prioritized and provided, and factors that affect the
mortgage payment that the buyers obtain.
4. Update from Commissioner Cunningham on the methodology or system that CAHAB
should use when proposing initiatives to the City Commission.
G. FYI/Discussion
1. HRDC monthly update (Heather Grenier)
2. GAR Gallatin Assoc. of Realtors Summary (Hattie)
3. Habitat for Humanity monthly update (Magistrelli)
4. Community Affordable Housing Fund monthly financial update (LaMeres)
5. Other FYI, CAHAB Member updates, and future agenda items
H. Adjournment 9:30 AM
For more information please contact Brian LaMeres at blameres@bozeman.net
This board generally meets the second Wednesday of each month at 8:00 AM
Committee meetings are open to all members of the public. If you have a disability and require assistance, please
contact our ADA coordinator, Mike Gray at 582-3232 (TDD 582-2301).