HomeMy WebLinkAboutResearch assignmentsThanks to you all for putting up with the vagaries of our Webex meetings. I look forward to being able to meet face to face at some time in the future.
Here are the research topics
for which you volunteered. Please let me know if I missed anything or listed anything that for which you didn’t volunteer.
Noel, Greg, and Steve with Noel as the organizer for this
group – Financial explorations including: How to work with FHA certifications; Down payment assistance through Road to Home or other state and federal programs as well as the possibility
of private assistance through banks or other financial institutions; Challenges in working with Fannie Mae and Freddie Mac; Ways of keeping condos affordable in perpetuity; Record keeping
and annual certification requirements; How to control condo fees for affordable units.
Kyla – Research how other cities are handling condos as affordable housing units.
Tanya – State
statutes that that may relate to condos in an Affordable Housing Ordinance or in IZ.
Noel – What condos should be included in the ordinance and specifically how to handle managed hotels.
Kevin
– Alternatives to providing condo units in the development, including, specifically, Cash in Lieu.
Topics for later exploration
Wait list for units that come under the program.
Please
let me know of any topics that you come across that I should add to this list. At the July CAHAB meeting I will ask for a report out on each of these topics and we will decide on a
strategy moving forward.
Thanks for your dedication to CAHAB and this project.
Kevin