HOUSING TRUST FUND ADVISORY BOARD TECHNICAL REVIEW SUBCOMMITTEE

200 E. Wells Street City of Milwaukee Milwaukee, Wisconsin 53202 Meeting Minutes HOUSING TRUST FUND ADVISORY BOARD TECHNICAL REVIEW SUBCOMMITTEE BRIAN PETERS, CHAIR Swarnjit Arora, Toni Biscobing, Kalan Haywood, Sr., Kori Schneider Peragine, and Dorothy York Staff Assistant, Joanna Polanco Phone: (414) 286-2366, jpolan@milwaukee.gov Thursday, March 24, 2022 1:00 PM VIRTUAL 1. Call to Order at 1:13PM 2. Roll Call. Present 5 - Peters, Schneider Peragine, Biscobing, Arora and York Absent 1 - Haywood II 3. Review of the Housing Trust Fund application, including ARPA requirements. Mr. Higgins said that dollars don’t necessarily have any predetermined set of rules for the use of housing; funding does not impact the way housing trust fund will decide on the use of it Concern will be the time line of expenditures by the end of 2024, except project that have pre-established commitments and can be extended to 2026, if needed. Ms. Prioletta said that income limits for ARPA are different from the federal income limits. You can either use 65% of area medium income or you can use 300% of the federal poverty level; interestingly enough 300% of the federal poverty level in most instances is higher than the 80% limits with the exception of 1-2 people family. Mr. Higgins said that the ARPA allocation is $10M to the housing trust fund. HTF has in general city funding a total of $1.6M, available to allocate totaling $11.6M combined. Ald. Murphy said that this is the largest dollar commitment placed in the housing trust fund since its inception, nearly 15 years ago. He is proud to say that City has been able to allocate the money received to this point, nearly 96% is been expended in the project we have authorized. As a result, creating 1300 permit supporting housing units throughout the community. Leveraging over $120,000,000.00 in construction development. These new influx of money are coming from outside directly property tax-levied dollars with obviously some constraint placed on them by treasury. It is our City of Milwaukee Page 1 HOUSING TRUST FUND ADVISORY Meeting Minutes March 24, 2022 BOARD TECHNICAL REVIEW SUBCOMMITTEE hope that these dollars will have a meaningful and material impact in creating more affordable housing units for those most in need. A question from the last meeting was that there is an expectation from treasury to expend these dollars by a certain date and time, but there is no requirement that all the funds would have to be award in this calendar year. As the task force has done in prior years is to make sure that projects are ready to go and the dollars get to most in need, leveraging toward those in most need in our City. The technical review subcommittee will continue to look at the application process and if there are areas where it needs change, I am looking forward to have those changes brought up here today and at the next task force meeting, so those changes can be adopt. Ald. Murphy congratulated Habitat for Humanity that recently received s substantial grant. Also, thank the technical review subcommittee members for putting a lot of work and time on these matters. Mr. Peters asked about the possibilities of opening up the application to different housing counseling services. To which Ald. Murphy said that it is a potential consideration and it should be discussed among the board and if so, it could be made part of the subcommittee recommendation. We recognize that counseling is a key component of home ownership and Ald. Murphy differed to Mr. Higgins and Ms. Prioletta to make sure we have purview to do that under the treasury guidelines. Mr. Higgins said that, housing counseling services is included in some of the expenditures allocations, but we can use some of the dollars that have less constraint, for that purpose as well. 4. meeting adjourned at 3:16 PM Joanna Polanco Staff Assistant In the event that Common Council members who are not members of this committee attend this meeting, this meeting may also simultaneously constitute a meeting of the Common Council or any of the following committees: Community and Economic Development, Finance and Personnel, Judiciary and Legislation, Licenses, Public Safety and Health, Public Works, Zoning, Neighborhoods & Development, and/or Steering and Rules. Whether a simultaneous meeting is occurring depends on whether the presence of one or more of the Common Council member results in a quorum of the Common Council or any of the above committees, and, if there is a quorum of another committee, whether any agenda items listed above involve matters within that committee’s realm of authority. In the event that a simultaneous meeting is occurring, no action other than information gathering will be taken at the simultaneous meeting. Upon reasonable notice, efforts will be made to accommodate the needs of persons with disabilities through sign language interpreters or auxiliary aids. For additional information or to request this service, contact the City Clerk's Office ADA Coordinator at 286-2998, (FAX)286-3456, (TDD)286-2025 or by writing to the Coordinator at Room 205, City Hall, 200 E. Wells Street, Milwaukee, WI 53202. City of Milwaukee Page 2 HOUSING TRUST FUND ADVISORY Meeting Minutes March 24, 2022 BOARD TECHNICAL REVIEW SUBCOMMITTEE Limited parking for persons attending meetings in City Hall is available at reduced rates (5 hour limit) at the Milwaukee Center on the southwest corner of East Kilbourn and North Water Street. Parking tickets must be validated in the first floor Information Booth in City Hall. Persons engaged in lobbying as defined in s. 305-43-4 of the Milwaukee Code of Ordinances are required to register with the City Clerk's Office License Division. Registered lobbyists appearing before a Common Council committee are required to identify themselves as such. More information is available at http://city.milwaukee.gov/Lobbying. City of Milwaukee Page 3