HomeMy WebLinkAbout2024-03-26 VLHA Agenda
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Vail Local Housing Authority Minutes
Tuesday, March 12, 2024
3:00 PM
Vail Town Council Chambers
PRESENT ABSENT
Steve Lindstrom Craig Denton
Kristin Williams
Dan Godec via zoom
James Wilkins via zoom
STAFF
George Ruther, Housing Director via Zoom
Martha Anderson, Senior Housing Coordinator via Zoom
Missy Johnson, Housing Coordinator
1. Call to Order
1. 1 Call to Order
3:07 p.m. with a quorum present and a full Authority except for Craig.
1.2 Zoom Meeting
2. Citizen Participation
2.1 Citizen Participation
No comments.
3. Approval of Minutes
3.1 VLHA February 27, 2024 Minutes
Presenter(s): Missy Johnson, Housing Coordinator
2024-02-27 VLHA Minutes.pdf
MOTION: Godec SECOND: Williams PASSED: (3 - 0)
4. Main Agenda
4.1 Grant Funding Work Session
Presenter(s): Katie Santambrogio, Founder and CEO, Social Impact Advisors
Time: 30 Min.
SIA-VLHA_Kick Off Mtg_3_12_24.pdf
Katie with Social Impact Advisors joined the meeting in order to review the process and next steps of
the grant funding seeking and application process. A few Authority members have reviewed the
previously submitted proposal and agreed to a three month contract and the work is already
underway.
Katie reviewed the Power Point presentation and was joined by Allison, whom is the grant writer for
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Social Impact Advisors. She provided background on Social Impact Partners, reviewed the
scope of work, funding opportuniities and next steps as they continue to work with the
Authority.
Deliverables will include three proposals in the first three months and Katie reviewed those one
by one. Work sessions will be held on a bi -weekly schedule with a few key Authority members.
The following funding opportunities are buckets of focus for Social Impact Partners to explore,
relationship building and outreach, and application submissions:
Congressionally Directed Spending
Middle-Income Housing Authority
DOLA Local Capacity Building
Prop 123
Ruther reminds the group to be thoughtful about the funding requests in relation to the
current project budgets.
The next steps will be establishing the bi-weekly work session meeting, receive and review
project budgets, organize letters of support, schedule meeting with and coordinate with
local/regional housing specialists.
4.2 Resolution No. 2, Series of 2024, A Resolution Approving an Exemption from
Audit for the Fiscal Year 2023, for the Vail Local Housing Authority in the State of
Colorado.
Presenter(s): Jake Shipe, Budget Analyst
Time: 5 Min.
Resolution Audit Exempt 23.pdf
2023 Audit Exemption.pdf
Jake presented the resolution and was available for questions.
MOTION: Williams SECOND: Godec PASSED: (4 - 0)
4.3 2023 Year-End Financial Housing Update
Presenter(s): Jake Shipe, Budget Analyst
Time: 15 Min.
VLHA 2023 YE Update.pdf
VLHA 030724 Financials.pdf
Jake presented the 2023 Financial Update and went line by line through the 2023 Income
Statement and Balance Sheet.
Ruther noted that on the revenue side, there may be an opportunity for the Town of Vail and
the Authority to work together regarding Commercial Linkage and Residential Linkage
requirements.
The above was followed by the review of the Town of Vail proposed amended 2024 and YTD
budget
including the summary of revenue, expenditures and changes in fund balance of the housing
fund. Jake went through this document line by line.
The Authority expects additional professional fees as expenditures including future consulting
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fees to be completed through supplemental.
4.4 House Bill 24-1239 Single-Exit Stairway Multifamily Structure
Presenter(s): George Ruther, Housing Director and Martha Anderson, Senior Housing
Coordinator
Time: 15 Min.
HB2024_1239 Introduction.pdf
A summary of the drafted bill was provided. Martha added that on March 19th, there will be a
hearing about this House BIll. Martha will provide additional information.
5. Matters from the Chairman and Authority
Members Steve mentioned
5.1 Matters from the Chairman and Authority Members
Presenter(s): Steve Lindstrom, VLHA Chairman
Time: 5 Min.
Steve mentioned a second bill for the Authority to follow, Senate Bill 106, which is another
run at changing the construction defects liability. It could be helpful for the future of condo
development. It is worth the Authority to follow this bill.
Steve summarized the Council Authority work sessions around the Ten Housing Solutions and
the addition of two additional points. Resolution 13 is on the Council Agenda for next week, with
the two revisions and intends to 1) add clarity around policy preference and create a waterfall
preference around Town of Vail employees and employers first and 2) that the Town of Vail
may need to look beyond the greater Valley regarding opportunities.
George suggested there are Council Members that are interested in the concept of House BIll
24, even if it does not pass for the state. It may be something that the Town of Vail would want
to explore locally. Eagle County Home Builders Association, Vail Fire and Town of Vail staff
letters of support may be of interest in the near future. George suspects that SML will come out
with a statement around this type of legislation.
James jumped off the meeting at 3:57 p.m.
Kristin thanked the Town of Vail and Vail Local Housing Authority for support and
attendance of the successful 2024 Habitat for Humanity Carpenters Ball.
6. Adjournment at 4:00 p.m.
MOTION: Godec SECOND: Williams PASSED: (3 - 0)
7. Future Agenda Items
7.1 Land Banking
Bond Work Session
8. Next Meeting Date
8.1 Next Meeting Date March 26, 2024
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