Loading...
HomeMy WebLinkAboutSteve Lindstrom ApplicationLetter of interest for Town of Vail appointment May 12, 2025 I am interested in an appointment to the Vail Local Housing Authority. During my time serving on the VLHA the Town of Vail emerged as a national leader in the housing world. While we have accomplished significant results, now is not the time to rest and look back. Now is the time to build on our experience and increase our efforts to further the community’s housing goals. I believe I can continue to contribute to these future resident housing endeavors. Steve Lindstrom 970-390-0365 Submit Date: May 12, 2025 First Name Middle Initial Last Name Email Address Primary Phone Alternate Phone Home Address Suite or Apt City State Postal Code Employer Job Title Vail, CO Boards & Commissions Application Form Profile Preferred Name Steve Lindstrom What is your work history from the last five (5) years? Relevant professional experience includes a decade+ working as a commercial real estate analyst and appraiser; developing several residential and mixed-use buildings in the Eagle Valley market; owning and operating residential and commercial properties, including lease negotiations with national tenants; owning and operating a small business with up to four locations in Eagle County. Recently retired! Which Boards would you like to apply for? Vail Local Housing Authority: Submitted Why are you interested in serving on this board? During my time serving on the VLHA we have made significant progress in our mission of maintaining and sustaining our community, but further work needs to be done. I believe I can contribute to this effort. • What unique and particular qualifications do you bring to the position? Please provide specific examples. Combined with my business experience, 20+ years serving on the VLHA. Specific examples include Vail InDeed, 2027 Housing Plan, changes to the Housing Zone District(s), participation in the oversight of recent housing developments like WMC. I advocated for the town to actively participate in the financing of Chamonix townhomes, which led to ToV's financial participation in Residences at Main Vail and WMC. Steve Lindstrom slmf@vailmovies.com Mobile: (970) 390-0365 Home: (970) 476-3035 1601 Buffehr Creek Road Box 1152 Vail CO 81657 retired Steve Lindstrom What is your experience serving on other Boards? I currently serve on the Eagle Ranch Housing Corp. board (this is a small quasi-housing authority in Eagle), the Eagle County housing advisory, Eagle Ranch POA board (chairperson), Eagle Ranch Commercial Association board (chairperson). I have previously served on many condominium and property ownership boards, including the Riverwalk at Edwards POA where we established an organizational structure and implemented a private sales tax to fund community infrastructure. What skills and experiences do you have to advance the mission of the Board? Twenty+ years serving on the VLHA. Relevant professional and business experience. Successful participation on numerous property-related boards. What do you see as the primary role of this Board? Unlike many other housing authorities in the mountain resort region, the VLHA works closely with our municipal government and acts more as an advisory board and development partner with the Town of Vail than as an independent organization. This relationship has proven to be an effective model in an environment where public-private partnerships and collaborative efforts have been our most effective means to achieving our goals. I think the role of VLHA is to continue offering ideas and initiatives, providing expert advice to Town Council and administration, and advocating locally and regionally for housing programs and projects. What do you believe is the largest obstacle facing this Board in the upcoming year? Complacency: With input from the VLHA, Town of Vail has made significant progress on housing. After initiating two large projects, Timber Ridge and WMC, it would be natural to "take a break." However, I think this is the time to use our collective skills and institutional alignment to look at more projects and initiatives. In addition to availability of homes, one of our largest hurdles is affordability. While we have been innovative in financing new development, we need to apply some of that same thinking to the ongoing affordability issue, both for tenants and homeowners. Do you have any conflicts of interest that may arise due to your employment, personal and/or professional relationships, or financial interests in the Town of Vail? Yes No If you answered "Yes" to the question above, please explain your conflict: Interests & Experiences Steve Lindstrom Question applies to Design Review Board,Vail Local Housing Authority How would your appointment to the Authority add value and bring about new solutions to the community’s housing challenges? I bring institutional knowledge from years of participation on the VLHA. I can continue to propose ideas and solutions, advocate for our housing goals, and coordinate VLHA actions toward these goals. Over the years I have accumulated a list of potential policy/program ideas and possible development/redevelopment opportunities that we can explore. I believe I can also take the longer view on how to accomplish many of our goals. Question applies to Vail Local Housing Authority What ideas would you suggest the VLHA consider to be more effective in acquiring deed restrictions? Our success to date and our continuing efforts fall into several categories: Policies: continuing to adjust Housing Zone guidelines; implementing a faster approval process for housing projects; updating deed restriction requirements and EHU exchange policies; review and adjust housing lottery policies; finalizing residential linkage Programs: Vail InDeed 2.0 -- expand and implement a more aggressive deed restriction acquisition, possibly including active property purchases; possibly initiating a homeowner mortgage assistance program Projects: continue pursuit of large and small development and redevelopment opportunities in and near Town of Vail jurisdiction Partnerships: continue and expand our successful public-private partnerships with developers, financial partners and non-profit organizations like Habitat for Humanity, plus selective partnerships with other governments on a project- specific basis Question applies to Vail Local Housing Authority What ideas do you have for more effectively implementing these policies and strategies to increase the supply of deed restricted homes? Further outreach to potential homebuyers to involve them in our programs like Vail InDeed Continue investigating alternative financing structures like impact financing funds Continuing to pursue housing development on several properties in and near Vail Expand Vail InDeed to more aggressively purchase properties to deed restrict and resell via lottery Question applies to Vail Local Housing Authority The Vail Local Housing Authority meets the second and fourth Tuesday of each month at 3:00PM. Please describe your ability to attend these board meetings and the support you have from your employer, if applicable, to do so. To my knowledge I have not missed a VLHA meeting during my past tenure. I have also been available for many nonscheduled meetings. Question applies to Vail Local Housing Authority Do you have any conflicts of interest that may arise due to your employment, personal and/or professional relationships, or financial interests in the Town of Vail? no Steve Lindstrom Upload Letter of Interest Upload a Resume VLHA_letter_of_interest_5-12- 2025.pdf Steve Lindstrom