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HomeMy WebLinkAbout2022-01-11 VLHA MinutesVail Local Housing Authority Minutes January 11, 2022 2:30 PM Virtual Meeting 75 S. Frontage Road - Vail, Colorado, 81657 PRESENT ABSENT Steve Lindstrom James Wilkins Mary McDougall Molly Morales Greg Moffet STAFF George Ruther, Housing Director 1. Call to Order 1.1. Zoom Meeting 1 (call to order pre-executive session) 1.2. Call to Order A quorum is present, Wilkins is absent. Lindstrom called the meeting to order at 3:01 PM. 2. Citizen Participation 2.1. Citizen Participation There are no comments. 3. Approval of Minutes 3.1. VLHA December 14, 2021 Minutes Approval motion was not done. 4. Main Agenda 4.1. Work session in preparation of the proposed 2022 work plan and amended Vail Town Council action plan. Presenter: George Ruther, Housing Director and Steve Lindstrom, Chairman Discussion ensued around the items that will be presented to To wn Council on the semi-annual update. Items to be discussed include presenting statistics on housing initiatives performance in 2021, describing current community issues, discussion on sustainability as it related to housing and presenting current housing opportunities. The housing opportunities to be discussed with Town Council include the CDOT parcel, the public works facility, the middle creek west parcel, the civic area plan, the cascade tennis court site, timber ridge and the commercial district development. Ruther provided highlights of the timber ridge update presented to Town Council. Discussion ensued around housing programs, including, Vail Indeed, the home buyer assistance program, the Town of Vail internal housing program, long term rental property owner incentives and EHU Exchanges. There was discussion on housing initiatives, particularly, a discussion on Fannie Mae rejecting our deed restriction because our deed restriction places an occupancy obligation on businesses within the community versus placing it on just ourselves; this issue impacts any county that uses deed restricted properties to protect and preserve housing for local residents. There is opportunity for the Town of Vail to partner with other affected communities on this issue. Moffet discussed the possibility that the Housing Authority may be able to issue tax exempt bonds backed by mortgages on deed restricted properties. 5. Matters from the Chairman and Authority Members 5.1. Matters from the Chairman and Authority Members Presenter: Steve Lindstrom, Chairman There are no other matters discussed. 6. Adjournment 6.1. Adjournment 4:55 PM MOTION: MOFFET SECOND: MCDOUGALL VOTE: 3-0AP 7. Future Agenda Items 7.1. Land Banking (sale of GRFA) Investment Banker Discussion Inclusionary Zoning, Commercial Linkage and Residential Linkage 8. Next Meeting Date 8.1. Next Meeting Date January 25, 2022 Meeting agendas and materials can be accessed prior to meeting day on the Town of Vail website www.vailgov.com. All housing authority meetings are open to the public. Times and order of agenda are approximate, subject to change, and cannot be relied upon to determine at what time the Vail Local Housing Authority will discuss an item. Please call (970) 479-2150 for additional information. Please call 711 for sign language interpretation 48 hours prior to meeting time. Housing Department