HomeMy WebLinkAboutCAHAB Agenda 08-08-18
Community Affordable Housing Advisory Board
Aug. 8th, 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
7.17.18 Minutes (PDF)
o 7.17.18 Video Link
E. FYI #1 8:05am
1. Update from Affordable Housing Program Manager Matt Madsen.
a. Affordable Housing Update (RFP & Survey update).
b. Affordable Housing Ordinance short-term fix follow up.
c. Initial discussion regarding what does success look like for Affordable Housing in the
City of Bozeman
F. Action Items
1. None
G. Non-Action Items
1. Effect of Impact Fee Updates on Affordable Housing. (Thane)
2. Discussion of procedure for properly communicating recommendations from CAHAB
which involve City staff resources. (Thane)
3. 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?)
4. Discussion of whether to request that the City Commission require that Affordable
Housing Plans be reviewed by CAHAB
5. Discuss the possibility of having a presentation at a future CAHAB meeting by Tracy
Menuez 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
2. Habitat for Humanity monthly update (Magistrelli)
3. Community Affordable Housing Fund monthly financial update (LaMeres)
4. Other FYI, CAHAB Member updates, and future agenda items
I. 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).