may 2015 - capitol hill housingincluding updates from the all staff meeting, annual meeting and...

46
May 2015 Capitol Hill Housing Board Meeting Keys and Addenda Reminder: Dinner begins at 5:45. The meeting starts promptly at 6 PM. Disclosures and recusals: Board members will review items on the agenda and make any necessary disclosures and recusals. Community Programs & External Relations Update: Michael will further update on Top of the Town and the Community Forum. A list of attendees and other information is attached. The CHH Annual Meeting was April 22. It was well attended and included input from our public and financing partners about our future direction. We will have a brief discussion about the event. CHH is a member of the Housing Partnership Network (HPN), a national, invitation- only affordable housing consortium. They are holding their semiannual conference in Seattle. Jill will provide an overview of their work and our involvement in HPN. Real Estate Development Discussion: Greg will update the board on the progress of the Liberty Bank Building development which will close on acquisition in the next couple weeks. Demolition and clean-up will begin immediately. Chris and Greg will update the board on the CH TOD process. We have had two encouraging conversations with Gerding-Edlen and are hopeful that this will be resolved amicably. We have submitted a “term-sheet” with two scenarios in which we can move forward in the development. We gave their senior staff a tour of 12 th Ave Arts on Friday. However, we may ask the board to pass a resolution authorizing the engagement of a law firm to assist in pursuing our protest with Sound Transit. Executive Committee: Jill and Chris will give an update on the strategic planning process including updates from the All Staff Meeting, Annual Meeting and meeting of the steering committee. Finance: The finance committee presents its regular report and dashboard through March 2015. Presentation and Discussion: Maureen Kostyack is Strategic Advisor, Housing Development & Programs for the Seattle Office of Housing. She has been at OH for quite a number of years and has been very active at the policy level both in Seattle and Olympia. Maureen serves the board of the Housing Development Consortium and previously worked at King County. Maureen will speak about the current state of affairs in the affordable housing industry at the local and state level and lead a discussion with the Board that will feed the strategic planning process. Asset Management and Acquisitions: Chris and Jill will provide updates on our asset management and acquisition activities providing deal points and timelines for both the Brewster and Fire Station 7. We’ll also update on our meeting with OH regarding the CADA properties.

Upload: others

Post on 25-May-2020

3 views

Category:

Documents


0 download

TRANSCRIPT

May 2015 Capitol Hill Housing Board Meeting Keys and Addenda

Reminder: Dinner begins at 5:45. The meeting starts promptly at 6 PM. Disclosures and recusals: Board members will review items on the agenda and make any necessary disclosures and recusals. Community Programs & External Relations Update: Michael will further update on Top of the Town and the Community Forum. A list of attendees and other information is attached. The CHH Annual Meeting was April 22. It was well attended and included input from our public and financing partners about our future direction. We will have a brief discussion about the event. CHH is a member of the Housing Partnership Network (HPN), a national, invitation-only affordable housing consortium. They are holding their semiannual conference in Seattle. Jill will provide an overview of their work and our involvement in HPN. Real Estate Development Discussion: Greg will update the board on the progress of the Liberty Bank Building development which will close on acquisition in the next couple weeks. Demolition and clean-up will begin immediately. Chris and Greg will update the board on the CH TOD process. We have had two encouraging conversations with Gerding-Edlen and are hopeful that this will be resolved amicably. We have submitted a “term-sheet” with two scenarios in which we can move forward in the development. We gave their senior staff a tour of 12th Ave Arts on Friday. However, we may ask the board to pass a resolution authorizing the engagement of a law firm to assist in pursuing our protest with Sound Transit. Executive Committee: Jill and Chris will give an update on the strategic planning process including updates from the All Staff Meeting, Annual Meeting and meeting of the steering committee. Finance: The finance committee presents its regular report and dashboard through March 2015. Presentation and Discussion: Maureen Kostyack is Strategic Advisor, Housing Development & Programs for the Seattle Office of Housing. She has been at OH for quite a number of years and has been very active at the policy level both in Seattle and Olympia. Maureen serves the board of the Housing Development Consortium and previously worked at King County. Maureen will speak about the current state of affairs in the affordable housing industry at the local and state level and lead a discussion with the Board that will feed the strategic planning process. Asset Management and Acquisitions: Chris and Jill will provide updates on our asset management and acquisition activities providing deal points and timelines for both the Brewster and Fire Station 7. We’ll also update on our meeting with OH regarding the CADA properties.

Board Packet Attachments 1. Meeting Keys & Agenda 2. Consent Agenda and Attachments

a. Contracts and Expenditures b. Board Minutes c. Tenant Complaint Resolution Log (none) d. Property Management Report and Minutes e. Property Management dashboard f. Memo from the CHH Foundation g. Real Estate Development Report and minutes h. Executive Committee Minutes i. Sustainability and Planning Report

3. Event attendees and information for Top of the Town 4. Bio for Maureen Kostyack and other materials 5. Language for board action 6. March 2015 Finance Report and Statements and Asset

Management Report

Upcoming Meetings and Events Please let Chris or Michael Know if you’d like additional information on any event or meeting. Monday, May 11

CHH Board Meeting Wednesday, May 20 Top of the Town Thursday, May 21 Lunch Round Table Thursday, May 21 Evening Community Forum Tuesday, May 26

CHH Executive Committee Meeting June 2 – June 5

HPN Seattle

CAPITOL HILL HOUSING BOARD May 11, 2015

6:00 PM – 7:30 PM Regular Meeting 12th Ave Arts Pike-Pine Room

1620 12th Avenue, Seattle

AGENDA

6:00 Call to Order (Quaintance)

1. Approve consent agenda Attachment 2 2. Disclosures and recusals

6:05 Public Comment (Not to exceed 5 minutes per individual or 15 for combined speakers) 6:10 Community Programs and External Relations

1. Top of the Town and Community Forum (Seiwerath) Attachment 3 2. Annual Meeting Debrief (Persons) Verbal

6:15 Presentation and Discussion

1. State of Housing Seattle and Washington, Maureen Kostyack Attachment 4 Power Point

6:45 Real Estate Development Discussion (Persons, Elkerton) 1. 24th and Union Power Point 2. CH TOD Update Attachment 5

a. Possible resolution to take legal action

7:00 Executive Committee and Board (Persons/Quaintance) 1. Strategic Planning 2015 (Fleming) Verbal 2. Housing Partnership Network (Fleming) Power Point

7:10 Finance Report (O’Donnell, Wallis)

1. Financial summary, cash management report: March 2015 Attachment 6

7:20 Asset Management and Acquisitions (Persons and Fleming)

1. Brewster Update and deal points Power Point 2. Fire Station 7 Update and deal points Power Point 3. CADA Properties Verbal

7:30 Adjourn (Quaintance)

 

 

 

 

THIS PAGE INTENTIONALLY LEFT BLANK 

CAPITOL HILL HOUSING REGULAR MEETING May 11, 2015

6:00 – 7:30 PM Regular Meeting 12th Ave Arts Pike Pine Meeting Room

1620 12th Avenue, Seattle

CONSENT ITEMS

MINUTES AND REPORTS 1. April 2015 Board Meeting Minutes (attached for adoption) 2. Committee Reports and Minutes (attached for acceptance) 3. Tenant Communications Tracking (attached for review)

DONATIONS, TRANSACTIONS OVER $10,000 OR 1-YEAR, AGREEMENTS WITH PUBLIC ENTITIES

Date Bldg/entity Contract with: Amount: Purpose

April 9, 2015 Lincoln

Court Froula $420.00

Fire Alarm service

Monitoring

April 10, 2015 Devonshire Alba Pro Painting $53,622.00 Painting of all interior

common areas

GP ACTIVITIES (information only)

Date Contract with: Amount Purpose

April 10, 2015 Alba Pro Painting $97,126.00 Paint entire exterior of Pantages

 

 

 

 

THIS PAGE INTENTIONALLY LEFT BLANK 

Regular Board Meeting Pike-Pine Meeting Room 1620 12th Avenue, Seattle

April 13, 2015

Members Present: Alice Quaintance, Bob Fikso, Heyward Watson, Rachel Ben-Shmuel, Cathy Hillenbrand,

Jaebadiah Gardner, Sharron O’Donnell, Drew Porter, Liz Dunn, Paige Chapel

Staff Present: Chris Persons, Jill Fleming, Michael Seiwerath, Deena Wallis-York, Greg Elkerton, Joel Sisolak,

Simone Hamilton, Anne Hurt (taking minutes)

Absent: Robert Schwartz, Dana Behar, Michael Malone, Farin Houk, Paul Breckenridge, Matt Roewe

Guest Present: None Community Programs and External Relations: Michael Seiwerath spoke of the strong sponsorship so far for the Top of the town which has received support of $90,000 to date. He summarized the Top of the Town and Community Forum schedule including the speakers and facilitors for each event. He also spoke of the nomination forthe prestigous NDC Award for 12AA Building. Call to Order: The April 13th regular meeting of the Capitol Hill Housing board of Directors was called to order by Chair, Alice Quaintance at 6:05 pm when a quorum was reached. New Staff introductions: Alice introduced Deena Wallis-York, the new Director of Finance. Agenda and Minutes: With no changes suggested, Alice called for a motion regarding the agenda and minutes. A motion to approve the Consent Agenda and the draft minutes was made, seconded and passed

unanimously.

Disclosures and recusals: Jaebadiah disclosed that he was in the process of contracting to do research for CHH on the Central District. Public Comment: none Community Programs and External Relations: Chris recapped that this year the upcoming Annual Meeting is to be held in conjunction with the Stakeholders meeting, 10 of whom have responded to date.

Chris spoke briefly as to our involvement in the Central District deepening, noting that there are many various groups there. He presented an outline of the current work and potential directions CHH may take. There is no one else focusing on the Central District in regards of affordable housing at this time. The role of CHH is still emerging.

Real Estate Development Discussion: Regarding the 24th and Union project, Greg stated that we are on track toward closing by end of May. Environmental clean-up would be the first priority after acquisition. Then, a master use permit would be applied for from the City of Seattle and potentially we could rezone the property. We are asking for a blanket authorization to borrow up to $600,000 for pre-development costs. There is no budget attached to the resolution as specific costs are still unsure. The most likely time to go back to the city would be next fall for funding. The fiscal risk is very limited as we are acquiring the land at much less than market value and could easily more than recoup the acquisition and predevelopment costs if forced to sell the land without developing it. In order to get it into the pipeline, work needs to get started soon.

Resolution 2015-01 24th and Union Acquisition Resolution: Greg Elkerton introduced the 24th and Union Acquisition Resolution authorizing the borrowing of up to $600,000 from Pre-development Loans. A motion to adopt Resolution 2015-01 regarding the borrowing of funds for pre-development costs of the 24th and Union project with the suggested changes incorporated was made, seconded, and passed unanimously. Executive Committee and Board: Four Board members are up for re-election plus Robert Schwartz who is a mayoral appointee. A motion to elect the slate as presented was made, seconded and passed unanimously. Chris presented information on Barbara “b.g.” Nabors-Glass, a potential new Board candidate. His disclosure is that his wife reports to b.g. in her employment. Jill reported on the progress of Strategic Planning 2015. The steering committee met again on 3/12. A handout of the vision framework was reviewed. A creative exercise regarding where CHH will be in 10 years and more will be conducted at the All Staff meeting and these results will feed into the vision framework. Also, strategic planning will be brought into the Stakeholder annual meeting through questions such as: What does CHH bring that is unique to community development and how might we proceed? After those two events, the information will be taken to the leadership/management retreat and then to the CHH Board retreat. Chris circulated a document outlining Public Accountability. Finance and Asset Management Committee Report: Drew reported that before the committee meeting, the audit entrance conference with Clark Nuber was held. Clark Nuber also reported on the results to date and what they would be looking at in the future. There are 20 individual audits so far that are closed out with the CHH audit left to complete.

A motion to accept the Finance and Asset Management Committee report was made, seconded, and carried unanimously.

Presentation and Discussion: Joel spoke of two new opportunities: the Urban Design Framework and the LURC (Land Use Review Committee). He explained these in relation with the Ecodistrict area: what the Framework is; what area does it encompass; who would be involved; and the process/timeline. Then LURC (Land Use Review Committee) was explained, how it works and how it works with UDF.

Strategic Planning: Quantifying Need for Growth: Chris addressed the need for growth with a power point pie chart of 2015 Revenue by Line of business and the 2014 budget summarized. Jill spoke to the high cost

of management of smaller unit buildings. A discussion followed regarding how building size, diversity and adequate funding for CHH might co-exist. Impact investment could be addressed at a future Board meeting. Asset Management and Acquisitions: Alice reported that the Executive Committee recommended a stern communication to Seattle City Light in regard to the Brewster project. In regard to Fire Station 7, details are still being worked out by the City; Chris is going to push forward again. Chris reported that with the CADA Properties, there is a huge difference in price offered and their response. CADA asked for a third party appraisal of the properties. We have provided names of appraisers. The meeting was adjourned at 7:36 pm.

 

 

 

 

THIS PAGE INTENTIONALLY LEFT BLANK 

Property Management Committee Members: Rob Schwartz (Chair), Farin Houk, Heyward Watson, Mitchell Belcher, and Kristin Ryan Staff: Billie Abers, Katrina McMillian

May 2015

Property Management Committee members, Rob Schwartz (by phone) and Kristin Ryan met with Billie Abers, Director of Property Management, on May 5, 2015. The committee reviewed the report and discussed current property management activities. Capital Projects—current The exterior painting of the Pantages is scheduled to start on June 8th and completed by the end of July. The Devonshire interior painting is scheduled to begin May 11th, and the carpet installation will follow.

Brewster—Brad, Jill and Chris met with City Light Management last week, we continue to discuss options and mitigation regarding the Denny Substation and its impact on the Brewster residents, operations and finances. We continue to work with the City of Seattle’s Weatherization Department to replace the boiler at Elizabeth James House. Due to the complexity of the system and the agencies involved we expect the project to start in fall 2015. Four roofs are being replaced. Work at the Fleming and Lincoln Court is complete. The Fredonia is scheduled to be completed mid-May and the Park Hill by the end of June. Work has started at the Larned with Legacy Telecommunications, Inc. to install Verizon Wireless system on the roof and basement. We are in negotiations with Verizon at the Broadway Crossing. We are in the process of getting proposals for interior painting and replacement of interior flooring at the Seneca. Resident Services

In April, Resident Services provided 35 Households with direct one-on-one services.

Distributed $2248 in rental assistance.

Held 8 community events, including the first Resident Services led event at the El Nor, a community breakfast attended by 26 residents, a “Street Smarts” bicycling class with the Cascade Bicycle Club, and a pizza party at the Broadway Crossing attended by 32 residents.

Began the process of hiring a volunteer coordinator to manage a new CHH job coaching program for our residents.

Third Party Management

The remaining CADA buildings, Union/James and Harvey, are third party managed.

We declined to respond to the DNDA RFP.

We will be responding to an RFP for SHA in May.

Building Operations From the Finance report: Year to date March 31, 2015 Blended Operating Statement Vacancy loss for the portfolio was 3.7% for the first three months of 2015. Vacancy loss for 2014 and 2013 was 3.8% and 2.7%. For budget purposes we assumed vacancy rates ranging from 3-5% depending on the building.

Capitol Hill Housing

Operating Statement

For the period ending: 3/31/2015

Benchmarks

98% Excellent

95% Good

90% Poor

98% Excellent

95% Good

90% Poor

<30 days Excellent

45 days Good

60+ days Poor

1.15 excellent

1.05 good

<1.0 concern

1.15 excellent

1.05 good

<1.0 concern

1.15 excellent

1.05 good

<1.0 concern

Frequency YTD YTD YTD YTD YTD YTD Monthly YTD M M YTD 2014 A A A

Type HUD Buildings Units Actual Inc Budget Var %

Actual Exp

(before debt

service) Budget Var %

Op exp/unit -

YTD (Before

Res)

2015 YTD

Vac Loss

Vac 2/2014-

2/2015

YTD Vac

2015 2014 Vac

Cash Flow after

reserves and

debt service

Occupancy

RateOccupancy Rate

12 mth trend

Repl Res

Y or N

Op Res

Y or N

Average Unit

Turnaround Time

DCR 2013

Actual

DCR 2012

Actual

DCR

2010 Actual

Reserve Balance -

2/28/2015

Operating Reserve

Balance 2/28/2015

Cash budgeted into

CHH budgetComments

Blended HUD 18th Ave 9 29,412 28,654 3% 12,851 15,361 16% 1,428 0.1% 0.1% 0.0% 5,121 100% 100% Y - 1.14 1.02 1.03 87,685.66 865.33

Blended 410 Apts 6 13,412 13,001 3% 6,485 9,131 29% 1,081 0.0% 0.0% 0.0% 4,427 100% 100% Y - 2.49 3.03 1.23 68,275.50 30,654.21

Blended HUD 412 Apts 12 38,500 43,946 -12% 32,778 35,515 8% 2,732 12.4% 14.5% 8.8% 2,121 89% 87% Y 167 2.30 2.38 0.89 85,880.27 -

Blended Berneva 12 26,271 25,685 2% 17,606 21,866 19% 1,467 2.1% 0.4% 2.7% 6,479 100% 98% Y Y 65 2.18 1.22 0.69 8,356.24 5,326.52

Blended Boylston Howell 30 71,537 73,310 -2% 56,833 56,165 -1% 1,894 2.9% 4.3% 1.0% 11,253 97% 97% Y Y 36 1.09 1.08 1.26 52,603.55 14,424.71

Blended Bremer 49 102,687 100,769 2% 64,703 64,800 0% 1,320 1.6% 2.6% 1.6% 10,667 98% 98% Y Y 48 1.25 1.46 0.92 100,070.66 31,806.71 $15,000

Blended Brewster 35 70,051 69,969 0% 43,602 42,568 -2% 1,246 3.9% 5.7% 3.4% 18,949 100% 96% Y Y 71 3.20 1.64 1.37 487,767.01 30,202.98 $15,000

Blended Broadway 5 14,562 14,679 -1% 10,475 9,356 -12% 2,095 12.0% 0.0% 9.1% 581 100% 88% Y - 1.76 2.78 1.58 16,116.08 3,550.85

Blended Burke Gilman Gardens 15 39,554 43,595 -9% 34,887 32,875 -6% 2,326 4.8% 11.9% 3.2% (21,177) 89% 95% Y Y 102 0.88 1.89 1.42 101,327.57 26,294.22 One time debt service payment

Blended Byron Wetmore 12 30,494 31,300 -3% 24,521 27,632 11% 2,043 4.3% 7.3% 4.4% (878) 92% 97% Y - 1.35 2.97 4.12 37,786.72 5,482.09

Blended Casa di Cinque 5 16,242 15,875 2% 8,044 11,487 30% 1,609 0.0% 0.0% 0.0% 6,657 100% 100% Y - *** 21,817.19 11,839.15 $5,000

Blended Centennial 30 77,161 73,577 5% 34,198 41,959 18% 1,140 2.1% 1.2% 3.1% 14,724 100% 98% Y Y - 1.12 1.13 0.99 35,384.95 16,466.24

Blended Devonshire 62 137,016 133,682 2% 89,987 95,691 6% 1,451 2.5% 1.2% 2.9% 11,877 99% 98% Y Y 67 4.56 7.14 317,695.84 9,681.48 $35,000

Blended HUD Elizabeth James 60 146,780 144,020 2% 73,148 100,110 27% 1,219 4.7% 1.9% 6.1% 24,160 100% 95% Y 116 1.51 1.67 1.41 85,050.82

Blended Fleming 36 73,787 73,494 0% 45,850 48,790 6% 1,274 8.3% 4.6% 7.7% 354 97% 92% Y Y 111 1.06 1.01 0.67 29,761.81 7,175.97

Blended Fredonia 12 71,191 65,925 8% 33,973 32,051 -6% 2,831 NA 2.6% 0.8% 18,175 92% 98% Y Y - 1.54 1.60 1.28 59,450.93 70,350.90 $30,000

Blended Gale Place 24 69,245 67,641 2% 64,398 54,899 -17% 2,683 3.0% 5.6% 2.4% (5,234) 92% 97% Y - 1.97 1.51 1.46 22,567.25 41,923.24

Blended Gilman Court 25 72,185 69,882 3% 61,527 52,469 -17% 2,461 1.4% 2.1% 0.9% (3,450) 95% 98% Y Y 34 1.75 1.55 1.22 53,974.71 4,251.17

Blended HUD Hazel Plaza 16 50,586 53,442 -5% 37,281 27,432 -36% 2,330 7.7% 7.3% 7.7% 2,840 94% 94% Y - ** 1.04 61,617.77

Blended HUD Holden Vista 16 37,685 41,679 -10% 41,875 35,415 -18% 2,617 6.0% 13.2% 5.7% (8,692) Y - 0.51 1.20 3.57 64,266.08 3rd party management

Blended John Carney 27 51,327 51,645 -1% 40,084 37,254 -8% 1,485 5.3% 5.2% 4.9% 843 96% 95% Y Y 113 1.35 2.07 1.48 41,194.75 35,824.17 $5,000

Blended Larned 33 59,066 62,008 -5% 56,236 55,050 -2% 1,704 4.3% 5.7% 3.7% 348 97% 93% Y Y 67 ** 31,710.79 17,110.62

Blended Lincoln Court 29 65,132 66,539 -2% 40,142 38,623 -4% 1,384 3.6% 2.8% 3.4% (3,456) 100% 96% Y Y 56 1.09 1.09 0.89 35,191.00 7,505.55

Blended HUD Mary Ruth Manor 20 60,073 59,660 1% 41,606 43,358 4% 2,080 5.9% 5.5% 4.9% 593 100% 95% Y 77 2.11 1.37 0.96 137,213.20

Blended Maxwell 4 10,575 10,287 3% 8,417 8,132 -3% 2,104 0.0% 0.0% 0.0% 637 100% 100% Y - 2.51 2.41 1.23 14,127.33 12,998.02

Blended Melrose 30 56,026 57,780 -3% 48,855 47,450 -3% 1,628 6.2% 9.5% 4.8% (1,469) 87% 93% Y Y 74 1.73 1.58 1.20 68,396.29 27,403.72

Blended Miller Park 12 33,441 34,587 -3% 29,462 25,507 -16% 2,455 10.1% 6.7% 8.5% (4,978) 88% 91% Y Y 38 1.16 1.39 1.19 172,370.21 29,510.91

Blended Park Hill 30 90,781 90,470 0% 68,739 64,504 -7% 2,291 2.6% 3.1% 2.1% 6,086 97% 98% Y - 1.76 1.44 1.55 61,267.19 65,607.55 $25,000

Blended HUD Ponderosa 23 50,494 49,040 3% 56,452 44,891 -26% 2,454 4.3% 1.5% 5.7% (13,749) 96% 96% Y - *** 251,272.58 Insurance invoices for fire to be reimbursed, $5k reserves in transit

Blended Seneca 32 80,887 79,214 2% 50,335 59,354 15% 1,573 2.5% 0.0% 2.6% 11,504 100% 97% Y Y - 2.82 2.84 1.42 242,252.75 5,609.41

Blended Villa 62 168,192 169,856 -1% 116,786 102,453 -14% 1,884 4.4% 5.9% 3.4% (8,521) 93% 95% Y Y 95 1.24 1.22 1.27 118,074.90 11,219.44 Reserves in transit, $7700

1,914,349 1,915,211 1,352,134 1,342,148 86,792

Discrete 12AA 88 240,442 240,753 0% 102,517 109,047 6% 1,165 5.4% 0.7% 3.6% 125,273 100% 48% 32 8,432.00

Discrete Broadway Crossing 44 106,362 104,911 1% 89,364 81,000 -10% 2,031 4.4% 0.7% 4.8% (2,323) 98% 95% Y Y - 1.37 1.64 1.27 147,399.47 102,172.46

Discrete HUD El Nor 55 140,014 138,338 1% 97,053 101,636 5% 1,765 2.3% 0.9% 2.6% 11,375 100% 98% Y 93 1.69 1.30 1.63 503,795.37 182,390.25

Discrete Fremont Solstice 18 47,833 50,462 -5% 44,698 35,705 -25% 2,483 7.5% 5.1% 7.4% (13,149) 97% 93% Y Y 136 1.32 1.34 1.13 53,942.05 78,307.71 Annual audit expense, NEF Asset Management fee

Discrete Haines (new) 30 72,326 72,439 0% 52,049 52,193 0% 1,735 1.5% 3.0% 0.0% 18,043 97% 99% 82

Discrete Harrison 19 84,845 81,713 4% 50,553 47,984 -5% 2,661 3.0% 0.3% 2.9% 1,057 100% 97% Y Y 82 1.10 1.03 0.75 48,060.67 71,963.61

Discrete HUD Helen V 38 102,314 101,240 1% 58,682 59,323 1% 1,544 1.6% 0.0% 1.9% 9,851 100% 98% Y Y - 1.41 1.39 0.75 254,878.58 107,231.50

Discrete Holiday 30 79,185 80,327 -1% 45,912 44,674 -3% 1,530 5.5% 2.9% 6.2% 81 97% 95% Y 103 1.00 0.94 Rehab yr 37,505.34 128,080.08

Discrete Oleta 34 76,485 73,919 3% 45,730 46,390 1% 1,345 8.1% 0.8% 8.2% 4,084 100% 92% Y Y - 1.02 1.03 0.89 134,906.69

Discrete Pantages 49 121,000 124,342 -3% 116,127 87,311 -33% 2,370 3.8% 4.0% 3.8% (22,713) 97% 98% Y Y 46 1.47 1.76 2.09 486,041.20 167,017.67 Annual audit expense, insurance claim denied, invoices to be reserved

Discrete HUD Silvian 32 88,862 90,001 -1% 87,397 60,577 -44% 2,731 4.6% 4.0% 3.6% (30,095) 97% 95% Y 182 1.45 1.68 1.81 282,013.47 156,922.12 Partnership Management fee

Discrete Squire Park Plaza 60 252,157 277,869 -9% 91,769 86,952 6% 1,529 na 10.0% 2.5% 97,121 90% 88% 85 1,635.00

Discrete The Jefferson 40 122,803 121,320 1% 82,779 64,588 -28% 2,069 1.3% 1.9% 1.0% (11,025) 98% 98% Y 1.02 part yr 51,010.85 210,999.99 Reserves in transit, $12000

Discrete Unity Village 30 67,888 69,549 -2% 49,403 53,512 8% 1,647 1.5% 2.6% 2.2% 14,231 Y ** N/A N/A 3rd party management

1340 1,602,515 1,627,182 1,014,035 930,889 201,811

M:\Admin\Board\PACKETS\2015 Packets\05 15\May 2015 Property Management Dashboard.xlsx

 

 

 

 

THIS PAGE INTENTIONALLY LEFT BLANK 

MEMORANDUM

To: Capitol Hill Housing Board of Directors

From: Joshua Okrent, Manager of Fund Development, Capitol Hill Housing Foundation

CC: Christopher Persons, Michael Seiwerath

Re: May 2015 Fundraising and Communications Update

GRANTS AND DONATIONS

CHH was invited to submit a full proposal to the Bullitt Foundation for $65,000 for a fourth year of support for the Capitol Hill EcoDistrict. We submitted this proposal on May 1. Capitol Hill Housing was the recipient of a three-year Rose Architectural Fellowship from Enterprise. We are currently working with Enterprise to craft a work plan and fundraising plan for this position. The Rose Fellow is scheduled to be selected in September and will begin work at CHH in January 2016. Disappointingly, our proposal to begin work on the 11th Avenue Pollinator Pathway was not awarded a grant by the Department of Parks and Department of neighborhoods.

AWARDS

12th Avenue Arts received the AGC Build Washington award for construction excellence. This prestigious award will be given in a ceremony on May 14 at the Museum of Flight. Lee Stanton and Greg Elkerton from the CHH team will attend.

12th Avenue Arts was named a semi-finalist for the NDC Academy Awards. Board Chair Alice Quaintance and Senior Developer Katie Porter will present the project to a panel in Washington, DC this month.

EVENTS

Stakeholder Briefing and Annual Meeting

The Stakeholder Briefing and Annual Meeting on April 22 was well attended, with more than 30 attendees in the Pike/Pine room at 12th Avenue Arts, including partners from the City and State, banking industry leaders and foundation funders, as well as CHH staff and Board members. The briefing by Chris Persons, Jill Fleming and Michael Seiwerath was well received, and the question-and-answer period resulted in a lively and instructive conversation.

GiveBIG – May 5

CHH participated in the Seattle Foundation’s annual GiveBIG event on May 5. After setting a goal of $10,000 for the online event, we were pleased to reach a total of $12,305 in individual gifts. The “stretch gift” of additional donations from the Seattle Foundation funding pool is yet to be determined.

In addition to the gifts raised that day, the Windermere Foundation made a $6,000 grant pledge, which was leveraged as a match to inspire donors. And CHHF Board member Deirdre Doyle and former Board member Pat Grimm pledged $2,500 each to match individual gifts.

GiveBIG donations are intended for the Resident Services department, and specifically for the job coaching program.

Thanks to Bookda Gheisar from the CHHF Board who led the effort to get staff and Board members to give and to secure additional donations.

Top of the Town – May 20

Tickets have sold out for Top of the Town. We are currently working with sponsors to either commit the names of attendees or release their seats to guests on the waitlist.

To date, $90,000 in sponsorship has been raised towards a combined Top of the Town and Community Forum event goal of $70,000, an increase over 2014’s total of $69,000. This success is due in part to the many board members who helped secure sponsorship for the event. Thanks to Michael Malone, Bob Fikso, Stan Baty, Dana Behar, Randy Robinson, Rob Schwartz, Dean Kralios, and Margaret Pak Enslow for making this happen.

Community Forum – May 21

Due to some concerns from our producing partners, Centerstone and the Central District Forum for Arts & Ideas, we are revisiting the structure of the community forum on gentrification in the Central District. We will inform the Board of the revised plans for the event as soon as they are finalized.

CAPITAL CAMPAIGN

12th Avenue Arts Capital Campaign Overall GOAL : $4.6 M

Goal Pledged

TOTAL $4,600,000 $4,737,205

COMMUNICATIONS & EXTERNAL RELATIONS

The unexpected decision by Sound Transit to award the entire Capitol Hill TOD site to the for-profit developer Gerding Edlen necessitated some crisis communications. We worked with senior staff to craft and send messaging to stakeholders, funders and the media, in addition to the formal protest sent to Sound Transit regarding site B-North.

Media coverage of the TOD site decision and our protest included stories in the Capitol Hill Seattle blog and Capitol Hill Times.

Additional recent media mentions included stories about community solar in NW Asian Weekly and the Shelterforce blog.

Capitol Hill Housing Foundation 2015 Budget As of May 7, 2015

Unrestricted Budget

Income Source 2015 Goal 2015 Actual % to Goal

Government $ 20,000 $ - NA

Foundation $ 219,917 $ 184,786 84.0%

Corporate $ 89,250 $ 12,298 13.8%

Individual $ 118,000 $ 50,513 42.8%

Events & Sponsorships $ 143,500 $ 111,500 0.0%

TOTAL $ 590,667 $ 359,097 60.8%

Restricted Budget

Income Source 2015 Goal 2015 Actual % to Goal

Government $ - $ -

Foundation $ 100,000 $ 100,000 100.0%

Corporate $ - $ - 0.0%

Individual $ 25,000 $ - 0.0%

Events & Sponsorships $ - $ - 0.0%

TOTAL $ 125,000 $ 100,000 80.0%

Combined Budgets

(Restricted & Unrestricted)

Income Source 2015 Goal 2015 Actual % to Goal

Government $ 20,000 $ - 0.0%

Foundation $ 319,917 $ 284,786 89.0%

Corporate $ 89,250 $ 12,298 13.8%

Individual $ 143,000 $ 50,513 35.3%

Events & Sponsorships $ 143,500 $ 111,500 77.7%

TOTAL $ 715,667 $ 345,547 64.1%

REAL ESTATE DEVELOPMENT BOARD REPORT

Property Development Committee (PDC) Members: Paul Breckenridge, Alice Quaintance, Liz Dunn, Matt

Roewe, Dana Behar, Rachel Ben-Shmuel, Bob Fikso, Andrew Brand; Staff: Greg Elkerton, Katie Porter

The Property Development Committee met on Tuesday, May 5th at 5:30pm. PDC members in attendance

were Matt, Rachel, Bob, and Andrew; CHH staff members in attendance were Greg and Katie.

May 2015

CURRENT PROJECTS

1. 12th Avenue Arts (88 units/arts/commercial/office):

The project has converted to permanent financing. The only remaining items to track for development

staff are the TI build out for the retail tenants and the close-out of public financing.

2. Haines

Last month: The unit interiors, common areas, and final inspections are complete. The building

exterior requires painting and demobilization.

Construction is complete. The building will start the three month stabilization process and then

convert.

Current Report (prior report):

Construction completion: 100% (99%)

Contingency expended: 100% (100%)

POTENTIAL PROJECTS

3. Sound Transit - Transit Oriented Development (TOD):

Sound Transit awarded the development of all four sites to Gerding Edlen, who will now begin

negotiations on site control, and must select a non-profit partner within 60 days for the development

of the B-North affordable housing site. CHH is in partnership discussions with Gerding Edlen. CHH has

also filed a formal protest to Sound Transit for not offering the B-North site to a non-profit developer,

as stipulated in the Development Agreement with the City of Seattle.

4. Central District/Union & 24th:

Staff is in the process of closing on acquisition financing. An environmental consultant has been

selected and staff is working to start the environmental remediation process. This will include the

demolition of the existing building and additional site characterization. The PDC reviewed the project’s

predevelopment spending.

 

 

 

 

THIS PAGE INTENTIONALLY LEFT BLANK 

Executive Committee Minutes April 27, 2015 1620 12th Ave Suite 205: Belmont Room Attendance: Alice Quaintance, Cathy Hillenbrand, Sharon O’Donnell, Rob Schwartz Staff: Chris Persons, Anne Hurt (taking minutes)

1. Lead Items

a. CHTOD Update – CP spoke on the current status of the formal protest which was sent off today to Sound Transit. In addition, Chris and Greg had an extensive conversation with Gerding Edlen on Friday regarding CHH working jointly with them on this project. We are following two tracks. A discussion followed regarding pieces of information that have come forward on the status of the bid.

2. Board Development and Board Matters a. Annual Meeting Recap – Chris reported that it went very well with good participation by

the audience. This will be our annual meeting format going forward. b. Next Steps with b.g. Nabors-Glass – a meeting is scheduled with Alice and Chris. Next

board opening will be 2016 and she can join the Property Management Committee now. c. Strategic Planning – the next meeting is this Thursday. We will be looking at the

outcomes from values that came out of the All Staff Meeting plus the newspaper drafts for 10 years hence that came out of the All Staff meeting as well. In addition, the Leadership/Management retreat will be discussed.

3. HR and Personnel

a. Week long NDC Training (National Development Council) – Chris will be at their training here in Seattle next week.

b. Rose fellow –we are getting a Rose Fellow – this is a prestigious paid residency program funded partly by Jonathan Rose to imbed design professionals into the world of affordable development. 54 Rose Fellows have been awarded since the program started in 2000. It is managed through Enterprise Community Partners one of our major investors and a funders. We are the second agency in Seattle to get a Rose Fellow who will report to Greg but work across departments on development, asset management and sustainability.

4. External Relations, Community Programs a. TOTT/ Round Table/Community Forum – Chris outlined who would be the facilitators,

panelists, and other major contributors for these functions.

b. CH2020, Expansion of BIA, Creation of a new CH “Alliance” –The Capitol Hill Chamber of Commerce (through a facilitated community process in which Chris is involved) is going through a transformation to be a broader convener of leading organizations collaborating on and debating Capitol Hill issues rather than simply a chamber of commerce. The duties of the expanded alliance would be similar to the Alliance for Pioneer Square and other organizations that are supported by OED. This process and new entity will also lead the expansion of the BIA.

5. Finance, Asset Management, Acquisitions and Administration a. Brewster –The letter signed by the executive committee to SCL has been sent and a

meeting has been scheduled. b. FS7 – purchase and sale agreement is now in the red line stage. It is a long and

complicated agreement and looks like we can come to close soon. c. Upcoming Meeting with OH re: CHH is meeting with the Office of Housing to determine

a best path forward on future ownership and management of the Harvey and the Union-James. CHH will cease its management of these properties by September 30 2015 unless a clear path to ownership is established that views the Harvey as an affordable housing development opportunity.

6. Property Development Update

a. 24th and Union – on track to close on acquisition and move forward the demolition and remediation work. The decision to rezone is still under consideration.

Meeting Adjourned @ 6:15

SUSTAINABILITY and COMMUNITY PLANNING

MONTHLY REPORT TO

CAPITOL HILL HOUSING PDA BOARD

May 11, 2015

Staff: Joel Sisolak, Sustainability Director, Alex Brennan, Senior Planner, Arielle Lawson, Outreach

Coordinator

EcoDistrict Steering Committee: Neelima Shah (co-chair)*, Mike Mariano (co-chair)*, Matthew Combe*,

Julie West*, Cathy Hillenbrand*, Alicia Uhlig, Charles Bowers, Clayton Smith, Erik Rundell, Erika Melroy,

Heather Burpee, Ian Siadak, Janet Shull, Joe David, Julie West, Lauren Mathisen, Lauren Rochholz, Leon

Garnett, Liz Dunn, Michelle Caulfield, Michelle Hippler, Ric Cochrane, Whitney Fraser.

*Executive Committee member

ECODISTRICT DEVELOPMENT

Grants We have pending requests with the Department of Ecology (Public Participation Grant) and the Bullitt Foundation. We will submit a proposal for the Department of Neighborhoods Small and Simple grant program in June. We have been invited to submit a funding proposal for district shared parking implementation to King County Metro. Our recent submission to the Office of Civil Rights Racial Equity Fund was not successful.

Sponsorship We continue to reach out to businesses to request sponsorship. We wrapped up our “Solar Sponsorship” where local businesses could buy into the community solar program for $1050 and receive recognition as a $1,000 EcoDistrict/CHH sponsor. We have 10 solar sponsors: Rainbow Natural Remedies, Molly Moon’s, Capitol Cider, Rhein Haus, Poquitos, A&R Solar, Central Co-op, RockBox, Eagle Rock Ventures LLC and CHH.

Staffing We are reviewing a couple of different staffing scenarios for growing the capacity of the EcoDistrict. Our Lutheran Volunteer Corp person, Arielle Lawson, will be with us until July 2015 when her 1-year contract expires.

ECODISTRICT PROJECTS

Community Solar The project is FULLY SUBSCRIBED! We have sold out the 925 units. There will be a celebration at Cal Anderson Park in June being organized by City Light.

District Shared Parking The presentation to the National Conference of the American Planning Association on April 19th was a success with leading thinkers on parking policy, like Professor Donald Shoup from UCLA, in attendance. The first lease for an excess CHH parking space to come out of the district shared parking work was signed for the Boylston-Howell. Two other leases are in progress. Staff gave public comment at the Seattle City Council Planning and Land Use Committee on May 5 to support incorporation of district shared parking

recommendations into the parking policy review currently underway http://www.seattle.gov/dpd/cityplanning/2015parkingreport.pdf.

Capitol Hill 2030 Our target is to bring 1M sf of buildings into Seattle 2030 District membership as part of our ongoing partnership with the downtown-based organization. Cathy H is helping to connect us with more owners.

Capitol Hill Saves! Preservation Green Lab is still working with its national partners to deliver the reports we will disseminate to our neighborhood participants.

Pollinator Pathway On April 7th, we presented before the East District Council to request support for a Parks and Streets Fund application to build a garden on the eastern edge of Cal Anderson Park. We have since learned that our project was not recommended from the Council to the City for funding.

Dumpster Removal We have partnered with the Capitol Hill Chamber to explore waste management alternatives to the current illegal placement of waste and recycling dumpsters on streets and sidewalks within the EcoDistrict. We have begun to document the problem and work with the Chamber, SPU, Recology Cleanscapes and local retailers on developing a recommendation.

Pedestrian Streets Staff has completed one-on-one meetings with 17 business owners and property owners, small group meetings with 19 residents and arts organization leaders, and held discussions with 7 partner organizations and city agencies. In May, outreach will include additional one-on-one meetings, a retail focused meeting, a nightlife focused meeting, and a large community meeting with the Capitol Hill Community Council on this topic on May 28th at 6:30pm. Staff has talked with managers of similar projects in Portland and Vancouver and received project evaluations and data from those cities. Research on Austin, as a third case study, is in progress. We are also collecting data analysis from pedestrian street experiences in New York City and Copenhagen. Urban Design Framework We have been in ongoing conversation with the Department of Planning and Development about a neighborhood planning process that would ramp up in 2015 and more publicly launch in early 2016. DPD is enthusiastic about the effort and the opportunity to build on work that EcoDistrict stakeholders have been doing for the past couple of years. It is unclear that DPD will have funding to appropriately staff this planning effort. Land Use Review Committee The Land Use and Development Working Group is interested in launching a LURC to serve parts of the EcoDistrict likely to see an uptick in development pressures in the coming few years. In April, this concept (as well as the UDF) were presented to the Capitol Hill Housing PDA Board and met with enthusiasm.

ECODISTRICT LEADERSHIP

Capitol Hill EcoDistrict Steering Committee The Steering Committee will meet May 8th. Students from the UW Landscape Architecture Capstone Program will present their research and design concepts for habitat and stormwater related projects in the EcoDistrict.

Waste and Behavior Working Group

The Waste and Behavior WG is focused on developing a resident engagement program, which will operate as a partnership between Capitol Hill Housing and Recology Cleanscapes. This pilot project is contingent on funding. We have a request pending with the WA State Dept of Ecology and expect to learn if that funding will be included in the Governor’s budget.

Equity and Engagement Working Group This WG submitted a joint application with the Community Council to the Racial Equity Fund to hire a trainer/facilitator for a racial equity workshop based on research about the history of systemic racism and racial segregation on Capitol Hill. That application was declined. This working group also is tasked with developing an “equity lens” for prioritizing all future EcoDistrict initiatives. The WG will be “hosting” the EcoDistrict Steering Committee meeting in July 2015.

Land Use and Development Working Group This WG reviewed zoning topics that could be part of a future planning process. Future meetings will discuss building performance, right of way, and fee/incentive opportunities. EcoDistrict and DPD staff will work on 2016 project scoping.

COMMUNICATIONS & ENGAGEMENT

Website As requested, Resource Media has provided constructive criticism of the EcoDistrict website. Joel is working with the CHH Foundation team to make updates. Capitol Hill Community Council The Community Council had a successful April meeting on gentrification with over 100 attendees. They are hosting a discussion of the pedestrian streets pilot at their May meeting. Board elections will take place at the June.

OTHER COMMUNITY DEVELOPMENT WORK

South 12th Staff are moving forward on a retail analysis and recently received retail sales tax data from the Department of Revenue. This marks the first time staff are aware of that CHH has used its PDA status to request retail sales data. We have also gained access to business and property data through CoStar. Staff presented to the Squire Park Community Council and held a brown bag to share background on the project with the rest of the CHH office.

GREENING CHH

Resource Conservation We are reviewing multiple systems for monitoring the energy and water use across the CHH portfolio, and have included a request for funding WegoWise (https://www.wegowise.com/) in our most recent funding proposal to Enterprise Community Partners. Green Building The City of Seattle has received an in-kind grant from the US Department of Energy to do a deep audit of one of CHH’s properties to determine the potential for energy retrofits “well beyond the usual ‘low-hanging fruit,’ towards the bigger picture of what we can do now to ensure that the building can be operated efficiently and economically 20 or 30 years down the road.”

 

 

 

 

THIS PAGE INTENTIONALLY LEFT BLANK 

Seat # Table name $ level | # seat Table # First name Last name Affiliation1 Chase 1 Christopher Persons CHH

2 15000 | 8 Denise Scott Keynote Speaker3 Chase Guest4 Chase Guest5 Chase Guest6 Chase Guest7 Chase Guest8 Chase Guest9 Chase Guest

10 Chase Guest11 Hunters Capital 2 Jill Fleming CHH12 5000 | 5 Michael Malone13 Jena Thorton Guest of Mike Ma14 Scott Shapiro Guest of Mike Ma15 John Hempelmann Guest of Mike Ma16 Hunters Capital Guest17 Catherine Hillenbrand PDA18 Bob Oates Bob Oates Bob Oates19 1500 | 2 Jennifer Scott Bob Oates20 Shari Brown CHHF21 Union Bank 3 Michael Seiwerath CHH22 7500 | 5 Jonathan Klein Union Bank

23 Bryan Friend Union Bank24 Tory Laughlin Taylor Union Bank25 Annette Billingsley Union Bank26 William Sandifer Union Bank27 Puckett & Redford Pucket & Redford28 2500 | 3 Pucket & Redford29 Pucket & Redford30 Joel Sisolak CHH31 Columbia Pacific Advisors 4 Columbia Pacific Guest32 Columbia Pacific Guest33 Columbia Pacific Guest34 Columbia Pacific Guest35 Columbia Pacific Guest

*Emailed on 5/4 again asking for names

36 Vulcan Inc Whitney Sullivan Vulcan37 2500 | 3 + 2 Kailin Gregga Vulcan38 Josh Lackey Vulcan

39 Matt Tookey Vulcan

40 Marian Dayao Vulcan

41 HAL Real Estate Investment 5 Greg Elkerton CHH

42 2500 | 3 Dana Behar HAL43 Rena Behar HAL

44 Adam Hasson HAL45 SAAS Tom Hajduk SAAS46 1500 | 2 Alana Bell SAAS47 Banner Bank Maryann Crissey Banner Bank48 2000 | 2 Banner Bank Guest Banner Bank49 Alice Quaintance PDA

50 Rachel Ben-Shmuel CHHF51 Boeing 6 Andy Fife Boeing52 3500 | 3 Shannon Halberstadt Artist Trust53 Lyall Bush NW Film Forum54 Seattle University Robert Schwartz Seattle U55 2500 | 3 Kent Koth Seattle U56 Debbie Schwartz Seattle U57 Heritage Bank Randy Robinson CHHF/Heritage58 2500 | 3 Lauren Jassny Heritage Bank59 Carlos Guangorena Heritage Bank60 Sue Cary CHHF

61 Helsell Fetterman 7 Sam Jacobs Helsell

62 2500 | 3 Lauren Parris-Watts Helsell63 Brandon Gribben Helsell

64 Walsh Construction Bill Reid Walsh

65 2500 | 3 Paul Nelson Walsh66 Sandi Tovias Walsh67 Tim Pfeiffer Bosworth Hoede68 Steve Hoedemaker Bosworth Hoede69 Ellen Taussig CHHF70 Bill Huber Guest of Ellen71 National Equity Fund/ Impact Ca 8 Monika Elgert National Equity

72 5000 | 5 Michael Jacobs National Equity

73 Celia Smoot National Equity

74 Judith Olson National Equity

75 Susan Duren National Equity76 SMR Dean Kralios SMR77 2500 | 3 Michael Shiosaki SMR78 Betsy Hunter SMR79 Kristin Ryan Public80 Kristin Ryan Public81 KeyBank 9 Mike Fait KeyBank

82 5000 | 5 Patty Fait KeyBank

83 Randy Thompson KeyBank

84 Elaine Thompson KeyBank

85 Barbara Smith KeyBank

86 Schemata Work Grace Kim Schemata Work

87 $600 | 3 Michael Mariano Schemata Work88 John Felt Schemata Work

89 Mike McGill Head of Northwe90 Walter Long Director of Devel91 GGLO 10 Jeff Foster GGLO

92 2500 | 4 David Cutler GGLO

93 Marieke Lacasse GGLO

94 Alicia Daniels Uhlig GGLO95 Timberlane Partners David Enslow Timberlane

96 2500 | 3 John Chaffetz Timberlane

97 Margaret Pak Timberlane

98 Heyward Watson PDA99 Joanne Burt Heyward Watson

100 Vivian Phillips Public101 HomeStreet Bank 11 Homestreet Guest102 5000 | 5 Homestreet Guest103 Homestreet Guest104 Homestreet Guest105 Homestreet Guest106 SIG Jan Laskey SIG - BOA107 2500 | 3 SIG Guest

*Emailed on 5/4 again asking for names

108 SIG Guest109 Paul Hanson110 Tim Weyand111 Clark Nuber 12 Andrew Prather Clark Nuber112 2500 | 3 Jeff Meier Clark Nuber113 David James Clark Nuber

114 Karen Ledbetter Clark Nuber115 RAFN RAFN Guest116 1500 | 2 RAFN Guest117 Deirdre Doyle CHHF118 Lee Stanton CHH119 David Harmon Public120 Monique Steel CHH Resident121 FISKO KRETSCHMER SMITH etc. 13 Bob Fisko FKS122 5000 | 5 Marc Kretschmer FKS123 Andrew Kingston FKS124 Tim Keck FKS125 Peter Orser FKS126 Dan Fulton FKS127 Bonnie Geers FKS128 Denise Scott Guest129 Doris Koo Yesler Communi130 Andrea Caupain Centerstone

Total Seats Allocated: Staff125 Josh Okrent CHH

Total Seats Remaining: Amy Allsopp CHH5 Melissa Blankenship CHH

Simone Hamilton CHHGreg White PhotographerAlex Martin Event Coordinato

Gifts in lieu of attendanceDavid & Sara Lewontin $200

Maureen Kostyack Housing Program and Development Manager Seattle Office of Housing

Maureen is responsible for a range of program development, state legislative advocacy and community engagement activities for the Office of Housing. She coordinates policy development and performance reporting for the Seattle Housing Levy and staffs the levy’s citizen oversight committee. She has participated in or staffed many projects for the Committee to End Homelessness in King County. She was active in the 2009 Seattle Housing Levy renewal -- a two-year effort to design and gain community support for the $145 million ballot measure – and is now engaged in developing a levy renewal proposal for 2016. Maureen was a long-time board member of the Washington Low Income Housing Alliance and continues to serve on its Public Policy committee. She has served on the board of the Housing Development Consortium of Seattle King County since 2008.

 

 

 

 

THIS PAGE INTENTIONALLY LEFT BLANK 

Seattle Housing Levyfor an equitable and affordable city

Housing for Working People A Strong Community for All

In 2009, Seattle voters approved, for the fifth time, property taxes dedicated to affordable housing for low-income residents. The current Seattle Housing Levy runs through 2016.

“The Seattle Housing Levy has and will make home a reality for thousands of families.” -Mayor Ed Murray

A Solution to Homelessness

Affordable housing is a cornerstone of a safe, healthy, and equitable community.

Everyone should have the opportunity to live in a safe, affordable home.

Modest wage workers should be able to live in the city where they work.

The $145 million Seattle Housing Levy funds affordable housing development, rental assistance to prevent homelessness, and support for first-time homebuyers.

Invests in innovative supportive housing models, like Housing First, that serve the most vulnerable people in our city.

Prevents eviction and homelessness by providing short-term rental assistance to families and individuals.

Builds a more economically and racially equitable city by investing in affordable rental housing.

Provides housing opportunities near transit to connect workers to jobs and reduce household costs.

Provides down-payment assistance to help low-income people to purchase a home and establish roots in Seattle.

Preserves existing affordable housing to create stability for neighborhoods and people at risk of displacement.

2009 Seattle Housing LevyFulfilling a Promise to Voters

Making Sound Investments

1,971 new apartments built, kept affordable for 50 years

410 existing homes preserved through improvements

148 first-time homebuyers now have their own house

1,882 households received rental assistance to prevent homelessness

Housing Levy capital funds are leveraged three to one, bringing other public, philanthropic, and private resources for affordable housing to our community.

In 2009 Seattle voters invested in their community by funding affordable housing. With two years left in the 7-year Housing Levy, we have exceeded our goals for developing and preserving rental housing and are on track to meet goals for support to first-time homebuyers and families in need of rental assistance.

seattle.gov/housing/levy

Homes funded by the Housing Levy are built to Evergreen Green Building Standards and regulated for 50 years or more to remain safe, efficient, and affordable for generations.

Public investments from the Housing Levy stimulate our local economy by creating jobs in construction and management and generating ongoing local tax revenues.

Nyer Urness House80 homes for homeless individuals

12th Ave Arts88 homes for low-income workers

Columbia City Station52 homes for families near light rail

Garcia Family Home

Williams Apartments81 homes for homeless individuals

Gutierrez Kenney Place54 homes for families

Rental HousingHomeownership

Levy Projects

CAPITOL HILL HOUSING BOARD May 11, 2015

Language for Board Action Regarding the CHH Protest of the Sound Transit Decision on B-North The Board of Director’s authorizes the Chief Executive Officer to consult with and engage legal counsel to assist with all protest and appeal processes consistent with Sound Transit’s Protest and Appeals Process and to commence litigation at the request of the CEO in consultation with the CHH executive committee.

 

 

 

 

THIS PAGE INTENTIONALLY LEFT BLANK 

 

 

 

 

THIS PAGE INTENTIONALLY LEFT BLANK