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Home My WebLink AboutCAHAB Minutes 07-11-2018 (Draft) Community Affordable Housing Advisory Board July 11th, 2018 | 8 AM | City Hall Commission Room: 121 N. Rouse Ave A. 08:01:29 AM (00:00:47) Call meeting to order Present Were:  Brian LaMeres (Chair)  Dulaney Collins  Jennise Schule  Kevin Thane  Greg Stratton  Terry Cunningham (Commission Liaison)  Matt Madsen (Affordable Housing Program Manager) B. Changes to the Agenda C. 08:01:47 AM (00:01:06) 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. 08:01:53 AM (00:01:11) Minutes for Approval  6.13.18 Minutes (PDF) o 6.13.18 Video Link 08:02:01 AM (00:01:19) MOTION to approve minutes: Jennise Schule 08:01:55 AM (00:01:14) MOTION SECONDED: Kevin Thane 08:02:02 AM (00:01:21) VOTE: Motion Carries Unanimously E. FYI #1 1. 08:02:22 AM (00:01:40) Update from Affordable Housing Program Manager Matt Madsen. a. Community Survey, Website, Administrative Manual Affordable Housing Program Manager Matt Madsen provided an update regarding the survey he’s asking community members to complete in order to get their perspective on the housing issue in Bozeman. He also noted that the website has been overhauled and updated in order to be more user friendly. 08:06:16 AM (00:05:35) Madsen responded to questions regarding the survey and website. 08:17:33 AM (00:16:51) Madsen notified the board that the Commission Meeting was cancelled and so the Affordable Housing Administrative Manual will be on the July 16th Commission agenda under consent. 08:20:24 AM (00:19:42) Madsen responded to questions from board member Kevin Thane regarding the RFP for the consultant who will assist with the needs assessment for affordable housing. 08:26:41 AM (00:26:00) Commissioner Cunningham provided an update on potential changes with the Unified Development Code (UDC). F. Action Items 1. 08:28:41 AM (00:28:00) Affordable Housing Ordinance Short-term Rewrite (Madsen) Madsen provided an update regarding the updated affordable housing program manual. 08:36:56 AM (00:36:15) Board member and builder Greg Stratton suggested a change to the Affordable Housing Ordinance regarding the AMI 08:41:20 AM (00:40:39) Madsen explained the pricing structure for builders and developers to use when selling affordable homes in response to a question. 08:43:08 AM (00:42:26) Madsen reviewed the Incentives for builders/developers to participate in the Affordable Housing. 08:49:45 AM (00:49:04) Thane suggested a change in language in the manual regarding AMI to create more flexibility. 08:54:10 AM (00:53:29) Discussion regarding median home price and cash in lieu incentives. 09:01:52 AM (01:01:10) Board members discussed whether to open the ordinance up to non-Bozeman residents or to non-residents who work within City limits. A general discussion followed. 09:13:47 AM (01:13:06) Public Comment: Amy Harris (N. Willson) commented on the appraisal process and how the value of the home is determined. Following the comment, board members held a discussion to clarify how the homeowners who participate in the Affordable Housing Program would be affected by appreciation when considering that they’ll need to repay some of the subsidies received. G. Non-Action Items 1. 09:25:47 AM (01:25:05) Recap of meeting with City Legal staff and Community Development Director regarding AHO Administrative Manual (Schule) Board member Jennise Schule provided a brief recap of the meeting she participated in with City Legal regarding the Affordable Housing Ordinance. 2. (Continued) 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?) 3. (Removed) Discussion of whether to request that the City Commission require that Affordable Housing Plans be reviewed by CAHAB 4. Discuss the possibility of having a presentation at a future CAHAB meeting by Ken from HRDC and CAHAB’s Real Estate Financing Representative 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. H. FYI #2 / Discussion 1. HRDC monthly update (Heather Grenier) 2. Habitat for Humanity monthly update (Magistrelli absent - cancelled) 3. Community Affordable Housing Fund monthly financial update (LaMeres) 4. Other FYI, CAHAB Member updates, and future agenda items I. 09:32:44 AM (01:32:02) Adjournment 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).