HomeMy WebLinkAbout2023-06-27 VLHA Minutes
Vail Local Housing Authority Minutes
Tuesday, June 27, 2023
3:00 PM
Vail Town Council Chambers
PRESENTABSENT
Steve Lindstrom
Craig Denton
Dan Godec – via zoom
Kristin Williams
James Wilkins – via zoom
STAFF
George Ruther, Housing Director
Martha Anderson, Housing Coordinator – via zoom
Missy Johnson, Housing Coordinator
1.Call to Order
1.1 Call to Order at 3:01 p.m.
1.2 Zoom Meeting
2.Citizen Participation
2.1 Citizen Participation - No comments.
3.Approval of Minutes
3.1 VLHA June 13, 2023 Minutes
Presenter(s): Missy Johnson, Housing Coordinator
MOTION: Godec SECOND: Williams PASSED: (5- 0)
4.Main Agenda
4.1Lowering the Barriers to Delivering Housing Solutions in Vail
Presenter(s): Dominic Mauriello, Principal at Mauriello Planning Group
Presenter item was postponed. The Authority continues to work on the following:
1.Land Use Change, zoning change - how to make that process flow better
2.Housing Zone District
We are seeing this now with Timber Ridge - need for approvals without having the full building
designed down to full construction plans, specifically for the approval of some infrastructure and
parking started without havingthe full building plans done and approved. These topics will
return as we have updates and Mauriello's materials are likely to be available by mid to end
of July.
Vail Local Housing Authority Meeting Minutes of June 27, 2023
4.2Review of Capital Improvement Policies in Deed-Restricted Housing
Presenter(s): Martha Anderson and Missy Johnson, Housing Coordinators
Andersonpresented an analysis of Capital Improvement Policies attached toa variety
of deed restricted residences. Anderson reviewed a spreadsheet that highlighted a
variety of deed restrictions and the policies regarding a sampling such as Arosa Duplex,
Chamonix Vail, North Trail Townhomes, Pitkin Creek Townhomes, Red Sandstone, Vail
Commons and Vail Heights. The comparison includes the following items as applicable:
annual appreciation cap, maximum % amount for capital improvements, disallowed
capital improvements, permitted capital improvements with a cost related cap and
depreciation policies. These topics vary amongst the deed restrictions and housing staff
turned to Authority for thoughts regarding the goals of policy and any unintended
consequences.
Discussion ensued around the primary goals of the capital improvement policy and
maximum resale value and is the current policy effect over the years.
1.Primary goal is to maintain affordable housing
2.Secondary goal to incentivize property maintenance and upkeep (such as
appliance, water heater, HVAC systems)
3.Get clear and educate owners regarding the distinguishing between repairs
and improvements (and cost of home ownership vs. upgrades)
The current policy effect over the years covers goal 1 but because there is no
incentive or disincentive for goal 2, there is little financial motivation to maintain the
home with upkeep.
The authority agrees that there is a cost of home ownership and based on
circumstances, cost of home ownership and upkeep is necessary. We have an
appropriate position to put education and policy in place, especially for EHUs and
products moving forward. Conversation ensued around a recent example of a
North Trail Townhome and the needed maintenance to systems and appliances.
Considerations for future could include home inspection to ensure the property is
habitable Part of the capital improvement policy to include list of minimum overall
functional systems including heating, plumbing, appliances based on an
inspection
Distinguishing repairs vs. improvements and recognizing the cost of home
ownership
Reminder that the cost of an HOA assessment is applied to the maximum resale
value, without depreciation Reminder that these are existing contracts and any
changes need to be mutuallyaccepted Prefer to offer incentive vs. penalize
There is an opportunity for provision of some of the deed restriction at the point of
ownership changing handsbut,in some cases, the Town cannot change Master
Deed Restrictions unilaterally.
The HousingStaff will come back to the Authority with options for
considerations, based on the recommendations heard from the Authority.
Vail Local Housing Authority Meeting Minutes of June 27, 2023
5.Matters from the Chairman and Authority Members
5.1 Matters from the Chairman and Authority Members
Presenter(s): Steve Lindstrom, VLHA Chairman
Williams highlighted Habitat for Humanity's ground-breaking last week in Eagle for the 16 new
homes. It's underway!
Godec had lunch with an Eagle County task force member and learned there are some
"bold moves" initiatives. The Housing Staff will provide the summary to the Authority.
On Tuesday, July 25th, the Authority invites some select individuals to speak to
experiences around Lowering the Barriers to Delivering Housing Solutions in Vail
On Thursday, June 29th an RFP will be released for a development on the West Middle Creek
Parcel and Ruther will circulate a draft document to the Authority for input. The total
development opportunity is 7.68 acres of land.
6.Adjournment
6.1 Adjournment 5:00 PM (Estimate)
Meeting adjourned at 3:58 p.m.
MOTION: Williams SECOND: Denton PASSED:(5-0)
7.Future Agenda Items
7.1 Vail Housing 2027
Land Banking
Investment Banker Discussion
Review Retirement and Remote Worker Policies
Review Chamonix Vail Deed Restriction
8.Next Meeting Date
8.1 Next Meeting Date July 11, 2023
Vail Local Housing Authority Meeting Minutes of June 27, 2023