HomeMy WebLinkAboutLetter of support to Summit Housing app. to Montana Housinb Board for low income housing tax credits.pdf1
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Brian Krueger, Associate Planner
Tim McHarg, Planning Director
Chris Kukulski, City Manager
SUBJECT: Summit Housing Group, Inc. Letter of Support
MEETING DATE: January 10, 2010
AGENDA ITEM TYPE: Consent
RECOMMENDATION: Authorize the City Manager to sign a letter supporting the Summit Housing
Group, Inc.’s application to the Montana Housing Board for low income housing tax credits pending
the outcome of an informal review of the project by the Development Review Committee (DRC).
BACKGROUND: The Summit Housing Group, Inc., Missoula, Montana has submitted a request for
the City’s support of the group’s application to the Montana Housing Board for low income housing
tax credits. Summit Housing is proposing the construction of a mix of 20 two bedroom, and 22 three
bedroom apartment units within the West Winds Subdivision.
Summit Housing has submitted an informal application to the City for advice and direction of the
development of this project. Known as Hyalite Apartments, the project will consist of two buildings
containing 42 affordable housing units and one building containing 42 senior independent living units
on Lot 5, Block 8 of the Westwinds PUD Subdivision Phase 2A and 2B. The lot has been planned for
affordable housing since the initial approval of the West Winds Subdivision. The 4.62 acre lot is
located adjacent to North 27th Avenue and is bordered by Tschache and Turbulence Lanes. The
informal review of this project is scheduled for the January 5, 2011 DRC meeting.
UNRESOLVED ISSUES: None.
ALTERNATIVES: 1) Authorize the City Manager to sign the attached letter.
2) Do not authorize the City Manager to sign the attached letter.
.
FISCAL EFFECTS: None.
Attachments: Summit Housing, Inc. Letter Request
Report compiled on: December 29, 2010
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CITY OF BOZEMAN
Bozeman, Montana
Office of the City Manager
Street address: 121 N. Rouse Ave. Phone: (406)582-2306
Mailing address: P.O. Box 1230 Fax: (406) 582-2339
Bozeman, Montana 59771-1230 TDD: (406) 582-2301
January 10, 2011
Scott Keiper
Summit Housing Group, Inc.
283 West Front Street, Suite 1
Missoula, MT 59802
RE: Multifamily LIHTC Development in Bozeman, Montana
Dear Mr. Keiper,
We are looking forward to Summit Housing Group’s development of Low Income Housing Tax Credit
Apartments at TBD Tschache Lane, Bozeman, MT 59718 also known as Lot 5, Block 8, West Winds Major
Subdivision, Phases 2A and 2B, Plat J-445. We wholeheartedly support your efforts to provide new, affordable
multifamily housing in Bozeman.
The City of Bozeman is experiencing continued growth and housing, especially affordable housing, has become
in short supply. Your development’s mix of 20 two bedroom and 22 three bedroom units will help meet the
need of small and large families at or below 60% of the median income. With the increased cost of living in
Bozeman, we feel that affordable housing of this type will address the needs of our community.
We look forward to the addition of your affordable multifamily project to our community.
Sincerely,
Chris Kukulski
City Manager
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