SYNOPSIS

 

Board of Directors of Funds Uniting Needs and Dollars (FUND) Inc.

and

Sacramento Housing and Redevelopment Commission

Wednesday, December 6, 2006

6:00 p.m.

PLEASE NOTE LOCATION CHANGE

Alkali Flat Boys and Girls Club Community Room

1117 G Street, Sacramento

Sacramento Housing and Redevelopment Commission

 

 

FUND INC. MEETING AGENDA

 

 

ROLL CALL

 

The Board of Directors of Funds Uniting Needs and Dollars (FUND) Inc. meeting was called to order at 6:05 p.m. by Chair Gore.

 

PRESENT:    Burns, Burruss, Coriano, Fowler, Gore, Hoag, Piatkowski, Shah, Stivers, (One Vacancy).

 

ABSENT:       Simon.

 

Citizens Comments

 

1.                  No citizen comments

 

BUSINESS

 

2.                  FUND, Inc. Annual Meeting and Release of Request for Proposals

 

MaryLiz Paulson, Assistant Director of the Housing Choice Voucher Program, explained that staff is recommending allocating up to $8,000 for eligible activities which will be selected through a Request for Proposals (RFP), to be published in the Spring of 2007.  Individual proposals may be submitted for up to $2,000.

 

            The Board of Directors voted to recommend approval of the recommendation to issue an RFP for the FUND Inc. program. The votes were as follows:

 

AYES:             Burns, Burruss, Coriano, Fowler, Gore, Hoag, Piatkowski, Shah, Stivers.

 

NOES:            None.

 

ABSENT:       Simon.

 

 

 

 

 

 

ADJOURNMENT

 

As there was no further business to be conducted, Chair Gore adjourned the FUND Inc. meeting at 6:10 p.m.

 

RECONVENE AS SACRAMENTO HOUSING AND REDEVELOPMENT COMMISSION

 

ROLL CALL

 

The Sacramento Housing and Redevelopment Commission meeting was called to order at 6:11 p.m. by Chair Gore.

 

PRESENT:    Burns, Burruss, Coriano, Fowler, Gore, Hoag, Piatkowski, Shah, Stivers, (One Vacancy).

 

ABSENT:       Simon.

 

APPROVAL OF ACTION SUMMARY SYNOPSIS

 

November 15, 2006 – Approved.

 

Citizens Comments

 

No citizen comments.

 

CONSENT

 

  1. Authority to Release Request For Proposals (RFP) for Bond Underwriting Services for the Redevelopment Agency of the County of Sacramento (final Commission action)

 

  1. Authorization to Enter into a Memorandum Of Understanding between SHRA and the Sacramento County Department of Health and Human Services for the Development/Rehabilitation of Permanent Supportive Housing Units

 

  1. Funding for the Commercial Revitalization Rebate Program and Expansion to Power Inn Road

 

  1. Army Depot Transportation Planning Projects and Allocation of Funds

 

 

 

 

 

 

 

 

 

            The Commission voted to recommend approval of the staff recommendations for the Consent Calendar items as shown above.  The votes were as follows:

 

AYES:             Burns, Burruss, Coriano, Fowler, Gore, Hoag, Piatkowski, Shah, Stivers.

 

NOES:            None. 

 

ABSENT:       Simon.

 

PUBLIC HEARING

 

  1. Approval of Tax-Exempt Bonds and County HOME Loan for Briarwood

      Apartments

 

Joel Riphagen from the Housing Policy and Development Department presented a brief overview of the proposal to issue tax-exempt bonds and allocate HOME funds for the Briarwood Apartments in Sacramento.

 

Commissioner Stivers commented that this is the second project in a relatively short period of time where the developer fees seem high. Commissioner Burns echoed this concern. Darren Bobrowsky from Capital Valley Investments explained that  35% of the fee is paid by tax credits. The higher developer fee enables the project to receive more tax credits; also, a majority of the developer fee is deferred.

 

Commissioner Fowler commented that there should be clearer criteria developed to justify the developer fee.

       

Nancy Conk and Anne Moore indicated that staff plans to work with the Commission in the new year on a review of the current agency policies related to developer fees.  

 

Commissioner Shah expressed concern about the loss of units if this project goes forward. Richard Marsh of SHRA explained that the developer is adding additional lower income units to partially compensate for the loss of some of the rental units.

 

Darren Bobrowsky explained that 75% of current occupants will qualify for the housing, so only 40 families of the 160 families currently living there will need to be relocated. Little concern has been expressed by tenants at the prospect of moving. Relocation will likely result in a better living situation for some of these families because of a problem with overcrowding in many of the units.  

           

 

 

 

 

 

 

 

 

The Commission voted to recommend approval of the staff recommendation for the Tax-Exempt Bonds and County HOME Loan for Briarwood Apartments. The votes were as follows:

 

AYES:       Burns, Burruss, Coriano, Fowler, Gore, Hoag, Piatkowski, Shah, Stivers.

 

NOES:      None. 

 

ABSENT: Simon.

 

EXECUTIVE DIRECTOR'S REPORT

 

Anne reported that the Commission was sent a copy of the staff report and resolution

regarding the City’s proposed policy to encourage voluntary commitments on behalf of

landlords to provide smoke-free residential units.

 

Anne also reminded the group that the December 20th meeting has been cancelled and

wished the group a happy holiday season. Commission Chair and Vice Chair for 2007

will be elected at the January 3rd, 2007 meeting.

 

ITEMS AND QUESTIONS OF COMMISSION MEMBERS

 

None

 

ADJOURNMENT

 

As there was no further business to be conducted, Chair Gore adjourned the meeting at

6:35 p.m.

 

 

 

 

                                                                                    __________________________

                                                                                    AGENCY CLERK