Stories indexed with the term ‘affordable housing trust fund’

City Provides $37.5K for Housing Study

The city of Ann Arbor will be contributing $37,500 from the affordable housing trust fund to support a housing needs assessment to be conducted by Washtenaw County. City council action came at its June 16, 2014 meeting.

The council deliberations included discussion of the policy on eligible expenditures from the fund – which some councilmembers felt should be restricted to capital expenditures for affordable housing units. However, the current policy allows for funding of analysis and feasibility studies.

A bid by Stephen Kunselman (Ward 3) to draw the money from the general fund instead of the affordable housing trust fund failed on a 5-6 vote, getting support only from Kunselman, Jack Eaton (Ward 4), Chuck Warpehoski (Ward 5), Mike Anglin (Ward 5), … [Full Story]

Library Lot Proceeds OK’d for Affordable Housing

A policy for distributing the proceeds from the sale of development rights on the Library Lane lot in downtown Ann Arbor has won approval from the Ann Arbor city council. The proposed policy, approved on a 7-3 vote, sets aside 50% of the net proceeds of the sale to the city’s affordable housing trust fund.

At least 50 people attended the council meeting in support of the resolution, and four people spoke in support of the resolution during public commentary reserved time at the start of the meeting.

The council has already directed the city administrator to hire a real estate broker to explore selling the rights to develop the site – above the Library Lane underground parking structure, which was … [Full Story]

Library Lot Proceeds to Affordable Housing?

The Ann Arbor city council is expected to consider a resolution at its April 7, 2014 meeting that would direct the city administrator to allocate half the proceeds from a possible upcoming real estate sale to support affordable housing. The land in question is the surface of the Library Lane underground parking structure, which completed construction in the summer of 2012. [.pdf of draft resolution on Library Lot sale]

Library Lane parking deck The Library Lane parking deck is highlighted in yellow. The name “Library Lane” is based only on the proximity of the structure to the downtown location of the Ann Arbor District Library. The library does not … [Full Story]

Council Votes: Y Lot Proceeds into Housing Trust

Almost $1.4 million will be deposited into the city of Ann Arbor’s affordable housing trust fund as a result of city council action taken on Dec. 16, 2013. The council’s vote was unanimous, although Jane Lumm (Ward 2) offered an amendment to cut that amount in half, which failed on a 2-9 vote. Jack Eaton (Ward 4) joined Lumm in supporting that failed amendment.

Affordable Housing Fund Activity

Affordable housing fund activity. Recommendations on the use of the monies in the city of Ann Arbor’s affordable housing trust fund come from the city’s housing and human services advisory board.

The dollar figure of $1,384,300 million reflects the $1.75 … [Full Story]

DDA Waives Claim to Y Lot Sale Proceeds

The board of the Ann Arbor Downtown Development Authority has voted to waive any claim to a reimbursement of about $1.4 million it might have had coming from the net proceeds of the pending sale of the city-owned property known as the former Y lot. The property is located on William Street between Fourth and Fifth avenues downtown.

Waiver of that claim could lead to the transfer of the money to the city of Ann Arbor’s affordable housing trust fund, under a policy established by the Ann Arbor city council a year ago. The DDA board’s action came at its Dec. 4, 2013 meeting. [.pdf of unamended Dec. 4, 2013 draft DDA resolution on Y lot proceeds]

The DDA board resolution also … [Full Story]

Ann Arbor OKs $382K for Housing Commission

The Ann Arbor Housing Commission has been provided $382,000 of operational support through action taken by the Ann Arbor city council at its June 17, 2013 meeting.

The resolution was held over from the council’s June 3, 2013 meeting. That’s when the council took several steps to move the Ann Arbor Housing Commission forward along a path to converting the properties it manages to project-based vouchers. A similar operations funding resolution had appeared on that meeting’s agenda, but was withdrawn.

The additional funding, according to a staff memo accompanying the resolution, is needed in order to mitigate against the impact of federal sequestration. The memo puts that impact at about $300,000 less for public housing and $50,000-$75,000 less for capital funding.

Of the … [Full Story]

Ann Arbor Affordable Housing Gets $90,000

The city of Ann Arbor’s affordable housing trust fund has been increased by $90,000, through a transfer from the general fund reserve. The action was taken at the Nov. 8, 2012 meeting of the Ann Arbor city council on a unanimous vote.

The amount of the transfer was keyed to the cost of a piece of city-owned property that the city sold recently to the Ann Arbor Transportation Authority. And the justification for the transfer was based on the council’s recent enactment of a formal policy on the use of the proceeds of city-owned land sales.

The $90,000 piece of land is a six-foot-wide strip on the former Y lot at Fifth and William, immediately to the south of the location for the … [Full Story]

City Council Punts on Several Agenda Items

Ann Arbor city council meeting (Sept. 17, 2012): The council’s initial agenda, released on Wednesday before the Monday meeting, was relatively light. But by the time the council had approved that agenda to start the meeting, it had grown considerably heavier.

Left to right: Sandi Smith (Ward 1) and former councilmember and planning commissioner Jean Carlberg.

Left to right: Sandi Smith (Ward 1) and former councilmember and planning commissioner Jean Carlberg. (Photos by the writer.)

Five significant items had been added: (1) a proposal to suspend temporarily the footing drain disconnection program in one area of the city; (2) a proposal to waive temporarily the city’s living wage requirement for certain nonprofits; (3) a proposal to establish a sidewalk gap elimination program; (4) a resolution on dealing with proceeds of city-owned land sales that competed with one already on the agenda; and (5) reconsideration of allocating $60,000 for a transit study – funding that the council had rejected at its previous meeting.

The first two items were added on Friday, Sept. 14. The second two were added the day of the meeting (Sept. 17), with the fifth item added at the council table. Of the added items, the council approved only one – to suspend temporarily the footing drain disconnect program. The rest were  postponed, withdrawn or voted down.

Postponed was the resolution added by Mike Anglin (Ward 5) to establish a committee of city officials and 10 residents – two from each ward, to be selected by councilmembers for respective wards – to address the issue of city-owned parcels in downtown Ann Arbor. The citizen committee to be established by Anglin’s resolution would study the available options for use of proceeds from the sale of downtown city properties.

Also postponed was the resolution that Anglin’s proposal was essentially challenging, which was brought forward by Sandi Smith (Ward 1). Smith wants to direct the proceeds from city-owned land sales to the city’s affordable housing trust fund. Her idea – which she first floated to her council colleagues in an email written in late August – enjoyed the support of nonprofits, as well as the Ann Arbor Downtown Development Authority board and the Washtenaw County board of commissioners.

While Anglin’s resolution was postponed until Oct. 1, Smith’s was referred to the council’s budget committee and postponed until the council’s Oct. 15 meeting.

Also postponed was a requested $60,000 contribution to fund further study of a transportation connector – for the corridor running from US-23 and Plymouth southward along Plymouth to State Street and farther south to I-94. The outcome of this phase is to identify a preferred choice of technology (e.g., bus rapid transit, light rail, etc.) and the location of stations and stops. The council had voted down the proposal at its Sept. 4 meeting, but it was brought back for reconsideration on Sept. 17, only to be postponed until Oct. 15. The $60,000 is meant to be the city’s share of a $300,000 local match for a $1.2 million federal grant that has already been awarded.

Withdrawn was the proposal to waive a requirement of the city’s living wage ordinance for those nonprofits that receive funding from the city to deliver human services. The ordinance has a provision for a hardship waiver, but states that a nonprofit must submit a plan for eventual compliance within three years. No nonprofits had submitted such plans, meaning that the council’s resolution would have amounted to an attempt by the council to amend the living wage ordinance through a simple resolution, which it cannot do. When the council reached the item on the agenda, it was withdrawn, with an indication that an ordinance revision would be brought forward to a future meeting.

Also at the Sept. 17 meeting, the council heard about an item related to nonprofit funding for human services that will be brought forward on Oct. 1: a request to continue the two-year pilot program for coordinated funding. That news came during a presentation from Mary Jo Callan, head of the city/county office of community and economic development.

Voted down was a plan to initiate a 5-year program to eliminate sidewalk gaps in the city. Councilmembers voting against the resolution pointed to the fact that the city’s non-motorized transportation plan takes a comprehensive approach to identifying such gaps. They feared that people might mistakenly believe that certain gaps would necessarily be filled through this program, and raised concerns about equity. The resolution sought to identify independent funding sources to pay for such projects – the city’s strategy in the past has been to levy special assessments on owners of property adjoining the sidewalks.

The footing drain disconnect program was the only one of the late additions to the agenda on which the council took final action. In the general vicinity of the Lansdowne neighborhood, where some houses have already had sump pumps installed as part of the disconnect program, residents have reported that during heavy rains, the overland stormwater flows and the sheer volume of water in the city’s stormwater system prevent sump pumps from being effective. At an Aug. 22 neighborhood meeting, residents had called for a moratorium on the program. That’s essentially what the council’s resolution did.

Flooding was also a topic included in other council business that had been placed on the agenda through the regular agenda-setting process. The council approved an update to the city’s hazard mitigation plan. It will allow the city to receive already-approved federal funds for demolishing two out-buildings located in the floodway at the city-owned 721 N. Main property.

Also related to emergency preparedness, the city council authorized the purchase of a light rescue vehicle that can be used by firefighters to respond to medical calls. Because its staffing requirement is just two firefighters instead of three, the use of the vehicle would allow response to medical calls without diminishing as much of the department’s response capability for fire calls.

The council also gave final approval to rezoning of an Eden Court property to public land. [Full Story]

Ann Arbor DDA Board Addresses Housing

Ann Arbor Downtown Development Authority board meeting (Sept. 5, 2012): The only agenda item requiring a vote by the board was a resolution encouraging the Ann Arbor city council to adopt a policy that would direct proceeds from the sale of city-owned land to support affordable housing. The mechanism for that support would be the city’s affordable housing trust fund.

Left to right: DDA board member Sandi Smith, Ann Arbor Housing Commission executive director Jennifer L. Hall, and DDA board chair Leah Gunn.

Left to right: DDA board member Sandi Smith, Ann Arbor Housing Commission executive director Jennifer L. Hall, and DDA board chair Leah Gunn. (Photos by the writer.)

And board members voted unanimously to support the resolution, which DDA board member Sandi Smith had brought forward. Smith, who also represents Ward 1 on the Ann Arbor city council, is planning to bring the policy resolution to the council for consideration at its Sept. 17 meeting.

DDA board members were positively inclined toward their own resolution, but sought to clarify that the “proceeds” meant net proceeds – that is, whatever is left after any debt associated with city-owned land is paid off. The loan for the city’s acquisition of the former YMCA lot, for example, still has a principal of $3.5 million associated with it. Smith indicated at the meeting that the resolution she brings to the council might involve the DDA forgoing the repayment on investments it has made in city-owned property – like interest payments on the former YMCA lot or the demolition costs associated with that property.

The board also made an amendment to the resolution during the meeting, adding the phrase “a percentage of [proceeds].” The change gives the council flexibility to adopt a policy that doesn’t require the entire amount of the net proceeds to be directed to the affordable housing trust fund.

At the Sept. 5 meeting, the board also heard a request from the executive director of the Ann Arbor Housing Commission, Jennifer L. Hall, for a $260,000 allocation from the DDA’s own housing fund. The DDA has a housing fund that’s not necessarily dedicated to affordable housing. But the request Hall was making was for Baker Commons, a public housing project located within the DDA’s geographic district, at Packard and Main. The money would primarily go toward replacing the roof with one made of metal.

The board also got its regular update on the parking system. The basic message: revenue is up, and usage is up. The board also had a look at the unaudited financial figures for the end of fiscal year 2012, which concluded on June 30. Except for capital expenses, which were less than budgeted, most categories were on target. The DDA had budgeted all expenses for the new Library Lane parking structure for that fiscal year, but not all invoices have come in yet.

The board was also updated on a possible change to the way that transportation planning and funding takes place in Washtenaw County. Discussions by the policy board of the Washtenaw Area Transportation Study (WATS) suggest the  possibility that Washtenaw County could form its own metropolitan planning organization (MPO). Currently, the Southeast Michigan Council of Governments (SEMCOG), which includes a total of seven counties, serves as the MPO  for Washtenaw County. The change would affect how federal transportation funding is administered locally. [Full Story]