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HomeMy WebLinkAbout2024-01-09 VLHA Agenda - CANCELLED 2 3 4 Vail Local Housing Authority Minutes Tuesday, December 12, 2023 3:00 PM Vail Town Council Chambers and via ZOOM PRESENT ABSENT Steve Lindstrom Craig Denton Kristin Williams Dan Godec James Wilkins STAFF George Ruther, Housing Director Martha Anderson, Housing Coordinator Missy Johnson, Housing Coordinator 1. Call to Order 1. 1 Call to Order The meeting was called to order at 3 p.m. with a quorum present. Soon after, all authority members were present. 1.2 Zoom Meeting 1 (Pre-Executive Session) 1.3 Zoom Meeting 2 (Post-Executive Session) 2. Citizen Participation 2.1 Citizen Participation Presenter(s): Kyle Diebel, Vice President, ANB Bank Avon Jaris Romeo and Kyle Deibel joined the meeting from ANB bank of Avon and Eagle. They provided a brief of who they are and highlighted creative banking solutions relevant to local Eagle County Employees seeking home-ownership. They are a portfolio lender and can make decisions quickly. They can offer 125% of AMI buyers 95% financing without private mortgage insurance. They are familiar with the variety of deed restrictions in Eagle County. Godec pointed out that with 260+ residences available for purchase with Timber Ridge that there will be a lot of opportunity and anticipate 9- 10 months from now that the Authority will seek unique solutions. Kyle Deibel will be the primary point of contact for prospective buyers in the future. 3. Approval of Minutes 3.1 VLHA November 28, 2023 Minutes MOTION: Williams SECOND: Denton PASSED: (5 - 0) 4. Main Agenda 4.1 Colorado Housing and Land Use Survey Results Presenter(s): David Flaherty, CEO & Founder of Magellan Strategies 5 Background: The complete survey can be found here: Colorado Housing and Land Use Opinion Survey | Magellan Strategies Flaherty reviewed the presentation with primary focus on the local and state vs. regional data. The survey was conducted in September 2023. Survey objectives was to provide provide public sector clients, public policy partners, elected officials and media with reliable voter opinion data regarding housing and land use policy. Topics such as satisfaction with current housing situation, how much of a problem is the availability of rental and ownership opportunities, rate of speed of residential housing grown and development, interpreting respondents' definition of "local control", trust of local vs. state government, views of state policies and more. Highlights include: Among those that say that state policy would be more effective in addressing affordable housing (26% of Coloradoans), they were asked why. They believe that themes include: NIMBYism and special interests, state policy makers have the "bigger picture" in mind compared to local decision-makers, the State has more resources and control over policy enforcement, affordable housing is a statewide problem and needs a statewide solution, keeping in mind that 1 out of 4 Coloradoans have this view. 49% of respondents believe that the state is not more effective in addressing the problem of affordable housing. Reasons include: lack of local specificity, governments should not be involved in housing, lack of trust in state government and belief that they are detached from local problems, and distrust in state government and the fear of overreaching state policies causing harm to communities. The opinion of respondents about supporting state policy prohibiting local governments from restricting the construction of multi-unit housing on residential land zoned for single-family homes was split down the middle. Those that support the above mentioned policy for a variety of reasons: because of the need for affordable housing, the opinion that local government should not be involved, and the diverse mix of diverse housing types will help address the problem. Those that appose have a firm belief in local control, don't trust the government at the state level, believe that it decreases the value of single-family homes in the area and/or density could create infrastructure and parking problems. The survey showed a wide variety of reasons why respondents believe there is a housing problem, many of which are out of anyone's control. Most local communities have a "NIMBY" or negative attitude regarding multi-unit residential developments, and they would prefer single-family residential developments. Rent control will be introduced in legislative session and the details of the policy will very much determine the support or lack of support. Godec asked Flaherty what his sense of what might be proposed in this next session. Flaherty suggests that there will be 12-13 bills and they will go through a lot of small policies over time that could affect state zoning policies and mountain communities. 6 Linstrom asked for advise and Flaherty comments that the best place for the Authority to use their voice would be individually as well as the authority cases of appeal with consistency. Let them know that the group is there, to share how these policies could negatively effect the mountain community. Flaherty suggests to show them where we've been and what we've done with the all of the above successes. Show them Chamonix and other projects that have showed success. Show that the authority is not representing the developers etc. The youth are activists and there is a story to share with them. Be sure they hear a lot from Vail and show the partnerships with local business and the community. 4.2 Discussion on Deed Restricted Home Demographics Presenter(s): George Ruther, Housing Director Ruther and Magellan led a further discussion around demographics as it relates to the survey and future policy and solutions. Who, what, where, why people are residing in Town of Vail EHUs. Seeking Magellan's assistance to survey owners and/or renters to quantify and qualify who is living in the deed restricted housing. Magellan has not done this type of survey but he would be very interested. He suggests nice, open-ended verbatim information. Another interesting survey would be the STR owners. The data would be a strong public advocacy vehicle in effort to begin to establish trends and changes in demographics over time. Authority members are very interested in getting strategic moving forward. Ruther and Magellan will reconnect and bring forward to the Authority for review and consideration. 4.3 West End Project Presentation Presenter(s): Jim Telling, Managing Partner - Vail Valley, East West Partners Jim Telling joined the Authority to present the West End Project as a summary of the planning, site plan and next steps. After 620 days, they are getting to their first public meeting with the planning commission on January 17th and hope to move forward with the County Commissioners in the first quarter. Quick summary about the project. The presentation has been used with a variety of local HOAs, Edwards Metro District and more. Telling's intention is the present the project to the group and seeks a letter of support from the Authority. Located just to the west side of the Gas House, East West purchased the site just over two years ago. They have spent $1.8M thus far and currently working through the county process. 275 housing units with 70% deed restricted for Eagle County residents with 5% of the 70% will be deed-restricted units (80-100 AMI) in Eagle County. In summary, it will be a high density, residential development. This is a typical Urban Wrap project with parking in the middle. It will include fitness, pool, dog park, community garden with a very sustainable approach. All electric and very close to lead platinum with goal to be net zero operating. 7 East West is working with Dominique who is the planner of Edwards River Park. The project is stand alone and parking is 430 spaces which equates to one per bedroom. Master leases are a possibility for organizations such as East West Hospitality, Venture Sports, Eagle County School District and more. East West does not want to master lease the whole thing. Telling requested a letter of support from the Authority and/or individuals. East West is going broad in the community outreach because housing is needed in all shapes and sizes. 4.4 Resolution No. 12, Series of 2023, A Resolution Adopting a Budget and Making Appropriations to Pay the Costs, Expenses and Liabilities of the Vail Local Housing Authority, for its Fiscal Year January 1, 2024 through December 31, 2024. Presenter(s): Jake Shipe, Budget Accountant and Martha Anderson, Housing Coordinator MOTION: Wilkins SECOND: Williams PASSED: (5 - 0) 5. Matters from the Chairman and Authority Members 5.1 Matters from the Chairman and Authority Members Presenter(s): Steve Lindstrom, VLHA Chairman Lindstrom recapped the PEC meeting from December 11. The Housing Zone District was thoroughly discussed and passed 4:3. First reading at Town Council on Tuesday, December 19 and second reading on Tuesday, January 2nd. The Authority has consensus to support the West End project with a letter of support. Williams moved to leave the regular session and enter executive session at 4:26 p.m. MOTION: Williams SECOND: Godec PASSED: (5 - 0) 6. Executive Session 6.1 Executive Session per C.R.S. §24-6-402(4)(a)(e) - to discuss the purchase, acquisition, lease, transfer or sale of real, personal or other property interests and to determine positions relative to matters that may be subject to negotiations; developing strategy for negotiations; and instructing negotiators regarding: Certain real property acquisitions. Presenter(s): George Ruther, Housing Director 6.2 Executive Session per C.R.S. §24-6-402(4)(a)(e) - to discuss the purchase, acquisition, lease, transfer or sale of real, personal or other property interests and to determine positions relative to matters that may be subject to negotiations; developing strategy for negotiations; and instructing negotiators regarding: Vail InDEED. Presenter(s): Martha Anderson, Housing Coordinator 8 6.3 Executive Session per C.R.S. §24-6-402(4)(a)(e) - to discuss the purchase, acquisition, lease, transfer or sale of real, personal or other property interests and to determine positions relative to matters that may be subject to negotiations; developing strategy for negotiations; and instructing negotiators regarding: EHU Exchange. Presenter(s): Martha Anderson, Housing Coordinator 7. Any Action as a Result of Executive Session 7.1 Any Action as a Result of Executive Session The authority reentered regular session at 5:07 p.m. James Wilkins made a motion to Authorize Instructed to staff to move forward as determined in Executive Session. MOTION: Wilkins SECOND: Denton PASSED: (5 - 0) 8. Adjournment 8.1 Adjournment 5:00 PM (Estimate) The meeting adjourned at 5:07 p.m. MOTION: Williams SECOND: Wilkins PASSED: (5 - 0) 9. Future Agenda Items 9.1 Vail Housing 2027 Land Banking Investment Banker Discussion Review Retirement and Remote Worker Policies 10. Next Meeting Date 10.1 Next Meeting Date January 9, 2024 9 :