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CITY COMMISSION AGENDA ITEM |
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Department: |
City Manager’s Office |
Commission Meeting Date: February 12, 2019 |
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Staff Contact: |
Diane Stoddard, Assistant City Manager |
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Recommendations/Options/Action Requested: |
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The City Commission requested a work session meeting with the Affordable Housing Advisory Board. |
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Executive Summary: |
The Affordable Housing Advisory Board will be on hand at the February 12, 2019 work session to have a discussion with the City Commission. The Affordable Housing Advisory Board recently held a retreat on January 14, 2019. At the retreat, the board discussed guiding principles, ongoing goals, and short-term goals, and recommendations about a funding strategy for 2019 and future years. A draft retreat summary was prepared by staff after that meeting.
The Board has its next meeting on February 11, 2019. At that meeting, the Board will be reviewing the draft retreat summary. Any adjustments made at the Board meeting will be discussed with the City Commission on February 12. The Board is looking forward to discussing these important topics with the City Commission.
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Strategic Plan Critical Success Factor |
Safe, Healthy, and Welcoming Neighborhoods Collaborative Solutions Economic Growth and Security |
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Fiscal Impact (Amount/Source): |
The 2019 budget includes a $350,000 allocation from the Capital Improvements Program in addition to the revenue beginning to come into the Housing Trust Fund from the affordable housing sales tax that begins collection April 1. Due to the lag in actual receipt of this sales tax revenue by the City, revenue is estimated to begin to be received from the sales tax in June 2019. A chart was prepared to show the timing and sources of estimated revenue for 2019 for the Housing Trust Fund. |
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Attachments: |
Updated Retreat Summary with changes discussed at the 02/11/19 AHAB meeting – added 02/12/19 Goals based on Housing Market Analysis and previous goal setting sessions Lawrence Housing Toolkit – DRAFT Cumulative Housing Trust Fund Revenue Projections for 2019 Housing Trust Fund Historical Allocations 2005-2018 2018 AHAB Annual Report – DRAFT
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Reviewed By: (for CMO use only) |
☐TM ☒DS ☐CT ☐BM |