SHIP - Affordable Housing Advisory Committee

City of Gainesville SHIP - Affordable Housing Advisory Committee Meeting MINUTES May 28, 2024, 6:00 p.m. Historic Thomas Center, Building A 302 NE 6th Ave Gainesville, FL 32601 Members Present: Jamie Bell, Aymee Cepeda, Charmaine Henry, Mary Lou Hildreth, Michael Pellett, Commissioner Reina Saco, Fred Schilffarth Members Absent: Megan Atwater, Octavia Washington _____________________________________________________________________ A. CALL TO ORDER - 6:05 p.m. B. ADOPTION OF THE AGENDA Moved by Mary Lou Hildreth Seconded by Commissioner Saco Motion: The SHIP - Affordable Housing Advisory Committee adopt the agenda. Aye (7): Jamie Bell, Aymee Cepeda, Charmaine Henry, Mary Lou Hildreth, Michael Pellett, Commissioner Saco, and Fred Schilffarth Approved (7 to 0) C. APPROVAL OF THE MINUTES None. 1 D. BUSINESS DISCUSSION ITEMS 1. 2024-422 Funding Recommendation for Local Government Area of Opportunity Project (B) The Committee discussed all the projects. They noted that "Hope at Debra Heights" was particularly strong in the following areas: location, cost per unit, local reputation and experience (Catholic Charities), nearby amenities (parks, retail, and bus service), resident services (food pantry, financial training/mentoring), and readiness to proceed. Moved by Mary Lou Hildreth Seconded by Commissioner Saco Recommendation: The AHAC: 1) hear presentations from staff and the applicants; 2) discuss the strengths and weaknesses of the projects; 3) use the Evaluation Form to evaluate the projects; 4) recommend that the City Commission either fund or not fund each project; and 5) authorize the Chair or another AHAC Member to present the recommendation to the City Commission at their June 20, 2024 City Commission Meeting. Motion: The AHAC recommend: 1) that the City Commission fund the application from Catholic Charities and Crosland Southeast; and 2) terms of the loan are a 1% annual interest rate for an 18-year loan with a balloon payment at loan termination, and a 30-year amortization period. Aye (7): Jamie Bell, Aymee Cepeda, Charmaine Henry, Mary Lou Hildreth, Michael Pellett, Commissioner Saco, and Fred Schilffarth Approved (7 to 0) 2. 2024-428 Funding Recommendation for a State Apartments Incentives Loan Project (B) AHAC discussed the SAIL projects and determined that they were all beneficial and needed projects. The AHAC expressed a desire to fund each project. Moved by Mary Lou Hildreth Seconded by Michael Pellett Recommendation: The AHAC: 1) Hear presentations from staff and the applicant; 2) Discuss the strengths and weaknesses of the projects; 3) Use the Evaluation Forms to evaluate the projects and give reasons for 2  your evaluations; and 4) Recommend whether or not the City Manager should approve using ConnectFree funds to provide a $37,500 Local Government Contribution to the projects. Motion: Recommend that the City Manager approve each these requests for a $37,500 Local Government Contribution to these affordable rental housing projects. Aye (7): Jamie Bell, Aymee Cepeda, Charmaine Henry, Mary Lou Hildreth, Michael Pellett, Commissioner Saco, and Fred Schilffarth Approved (7 to 0) E. PUBLIC COMMENT F. MEMBER COMMENT G. NEXT MEETING DATE H. ADJOURNMENT - 8:25 p.m. 3