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05-16-2005 HR MINSPECIAL MEETING OF THE ELK RIVER HOUSING AND REDEVELOPMENT AUTHORITY HELD AT THE ELK RIVER CITY HALL MONDAY, MAY 16, 2005 Members Present: Chair Wilson, Commissioners Kuester, Toth, Lieser, and Motin Staff Present: Director of Economic Development Catherine Mehelich, City Administrator Pat Klaers, and Recording Secretary Tina Allard Call Meeting To Order Pursuant to due call and notice thereof, the meeting of the Elk River Housing and Redevelopment Authority was called to order at 5:30 p.m. by Chair Wilson. 2. Consider May 16, 2005 HRA Agenda MOVED BY COMMISSIONER TOTH AND SECONDED BY COMMISSIONER KUESTER TO APPROVE THE MAY 16, 2005, HRAAGENDAAS PRESENTED. MOTION CARRIED 5-0. 3. Consider Small Cities Development Program (SCDP) Loan Agreement Director of Economic Development Catherine Mehelich introduced Vern Hanson and John Errigo with MetroPlains, who would be explaining the provisions regarding rent limits and income limits in the loan agreement between the HRA and MDI Limited Partnership #70 regarding the Jackson Place project. Commissioner Motin expressed concerns regarding the income limitations relating to the $400,000 grant. He stated the provision that surprised him in the agreement was the one stating that space can't be rented by someone making more than 60% of the Sherburne County Median Income. He stated the Commission's intent with the Jackson Place project was to have affordable housing and not low income housing. He stated that the Commission's intent was to not have Jackson Place be Section 8 housing. Mr. Hanson stated the income limits for low income are different than they are for affordable housing. He stated that residents of Jackson Place will be making over $16.00 an hour and will have to go through an extensive background check before they will be allowed in the building. Mr. Hanson stated that new Section 8 vouchers are no longer available in Sherburne County. He further stated that the HRA has been made aware all along that MetroPlains would be partially financing the downtown revitalization project with a Small Cities Development Program grant, which would require affordable income limits. Mr. Errigo stated that the majority of the workforce residing in Elk River would qualify by their income level to live in Jackson Place. He stated the main groups living in Elk River work in the retail, construction, manufacturing, and services industries. Chair Wilson requested a profile of the type of resident that would be living in Jackson Place. Housing & Redevelopment Authority May 16~ 2005 ----------------------------- Page 2 Mr. Hanson provided a demographic profile of the type of residents that are living in a Monticello affordable housing project that MetroPlains recently completed. He stated there are 24 residents in the building and it has a combination of young and old with some middle stratification. He stated 14 residents are employed exactly as prescribed at the wage determination for Wright County; three residents are pan time employees on a pension and social security; two residents on pension and social security; and one resident on a pension, social security, and some form of public assistance. Commissioner Motin stated he is surprised about the provision limiting residents to individuals that are below a certain income level. He stated he is concerned about the ability of individuals to use public assistance for this project. He stated that people on governmental benefits don't fit into the profile of the type of resident the city would like to see moving to the downtown area. He stated there are other places in Elk River that allow Section 8 housing. Mr. Hanson explained the difference between a building project that has Section 8 housing and individuals that have Section 8 vouchers. He stated that people who have vouchers tend to be individuals in the work force or seniors on a fixed income. Commissioner Toth stated that the nature of this type of rental system was not explained (since the beginning of the project) to the Commission very well. Mr. Errigo clarified the difference between Section 8 rental buildings and Section 8 vouchers. He stated that residents in their buildings have to complete extensive background checks. Mr. Errigo stated that MetroPlains would be a long time owner and manager of the Jackson Place project. Commissioner Kuester stated she feels that Jackson Place will be a good project and she is comfortable with MDI Limited Partnership #70 managing the building. Commissioner Lieser stated she completed some research on Section 8 vouchers in Sherburne County. She stated there are 37 Section 8 vouchers in Sherburne County and 10 in the Elk River area. She stated the history of residents that have Section 8 vouchers is that they tend to move at least once a year. She further stated that applicants for Section 8 must complete background checks. Mr. Errigo stated there are no new Section 8 vouchers available and there hasn't been for a few years because there hasn't been any federal funding for them. Mr. Hanson stated that because someone has a Section 8 voucher, it doesn't mean they are automatically allowed into Jackson Place. He stated they would have to pass the extensive background checks of MDI Limited Partnership #70, including rental history, credit history, and criminal background checks. Commissioner Lieser stated she compared rental rates listed in the Star News paper. She stated that 10 units fall under the rent that MetroPlains will be requesting and 2 fall over the amount. MOVED BY COMMISSIONER LIESER AND SECONDED BY COMMISSIONER KUESTER TO APPROVE THE SCDP LOAN AGREEMENT TERMS WITH MDI LIMITED PARTNERSHIP #70 IN THE AMOUNT OF Housing & Redevelopment Authority Page 3 May 16~ 2005 ----------------------------- $400,000 TO BE REPAID IN FULL AT 1% INTEREST AT THE END OF 30 YEARS. MOTION CARRIED 5-0. Adjournment There being no other business, MOVED BY COMMISSIONER TOTH AND SECONDED BY COMMISSIONER MOTIN TO ADJOURN THE MEETING. MOTION CARRIED 5-0. The meeting of the Elk River Housing and Redevelopment Authority adjourned at 5:55 p.m. Tina Allard Recording Secretary