Title
Approving the July 26, 2017 HRA Board Meeting Minutes
Body
ROLL CALL
Present 6 - Commissioners Bostrom, Noecker, Prince, Stark, Tolbert and Chair Brendmoen
Absent 1 - Commissioners Thao
CONSENT AGENDA
Note: Items listed under the Consent Agenda will be enacted by one motion with no separate discussion. If discussion on an item is desired, the item will be removed from the Consent Agenda for separate consideration.
Approval of the Consent Agenda
1. Approving the July 12, 2017 HRA Board Meeting Minutes
Adopted as set forth in Min 17-27
Moved by Commissioner Tolbert, Consent Agenda is Adopted
VOTE: Yeas - 6 Nays - 0
FOR DISCUSSION
2. Resolution Approving the Rental Rehabilitation Loan Program Guidelines
Mr. Sage-Martinson, HRA Executive Director, stated this item is approving the guidelines for the new rental rehab loan program that was included in the 2017 HRA budget. This program is specifically targeted to help make improvements to single family, duplex, triplex and fourplex rental buildings with a goal of providing resources to landlords who want to improve the quality of their buildings to provide safe, quality housing across the City. The initial budget of $750,000 will be phased in first to properties located in the ACP50 areas in the first 6 months of the Program before opening up Citywide.
Commissioner Stark asked if insulation is an eligible expense. Mr. Sage-Martinson stated it is.
Commissioner Prince asked for clarification on the landlord and property eligibility criteria as written in the program guidelines. Mr. Sage-Martinson explained that DSI grades properties A through D, D being the lowest classification, the intention is to focus on the C & D properties to help those improve. The responsible landlord definition includes having a track record of owning C’s & B’s, having quality properties and maintaining or improving them.
Chair Brendmoen asked if a landlord with one D property wouldn’t be eligible for a loan. Patty Lilledahl, ...
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