Olene Walker Housing Loan Fund
Quarterly Board Meeting
April 11, 2024 - 9:00 am
Olene Walker Administration Building
140 East 300 South - Room 211A & B
Salt Lake City, Utah
Zoom Link
https://utah-gov.zoom.us/j/86255132023
A G E N D A
I. Welcome Beth Holbrook
II. Public Comment:
III. ACTION ITEMS:
Item 1: Approval of Minutes Beth Holbrook
Quarterly Meeting - October 19, 2023
Quarterly Meeting - January 11, 2024
Electronic Meeting - February 16, 2024
Item 2: Financial Report & FY24 Budget Update Kaylee Beck
Item 3: New Board Members - Introduction, Oath of Office Beth Holbrook
Item 4: Chair, Vice-chair Election Elliot Lawrence
Item 5: Davis County HOME Consortium - one-time request Dan Murphy
Item 6: OWHLF Project Scoring Criteria - update Dan Murphy
Item 7: OWHLF/PAB Combined Executive Summary Dan Murphy
IV. NEW BUSINESS:
Item 1: New Multifamily Projects (listed by statute priority and then score [highest to lowest])
Homeless Projects (Statute Priority - Homelessness): None (no applications)
Rehabilitation Projects (Statute Priority - Rehabilitation):
1. Ashley Valley Apartments (Vernal) - Neighborhood NPH Dan Murphy
Score: 327 out of 500
2. 515 Tower Apartments (SLC) - GIV Group Dan Murphy
Score: 302 out of 500
New Construction Projects - Other Multifamily Projects [Ranked by Score]:
1. Birkhill Loft Apartments (Murray) - Knowlton Development Dan Murphy
Score: 267 out of 500
2. Bumper House Apartments (SLC) - SMH Construction Dan Murphy
Score: 232 out of 500
3. 2nd South Apartments (SLC) - Hermes Affordable Services Dan Murphy
Score: 195 out of 500
Item 2: Existing/Returning Multifamily Projects
1. Sandstone HIlls (Richfield) - CJM Dev - Increased First Mortgage Dan Murphy
Item 3: Reports (Please review prior to meeting - Staff will answer questions)
1. SF Default List Katye Halterman
2. Multifamily Quarterly Progress Report Daniel Herbert-Voss
3. Single Family Report Katye Halterman
4. Energy Star Report Daniel Herbert-Voss
5. Monitoring Report Update Steve Fox
6. Home Choice Quarterly Report Josh Runhaar
7. Cash Flow Loan Status Report Daniel Herbert-Voss
8. TOD Report Dan Adams
9. Utah Housing Preservation Fund Lukas Ridd
10. Landlord Incentive Program Katye Halterman
V. Next Quarterly Board Meeting: July 2, 2024
Adjourn:
Executive Session
Notice of Special Accommodations (ADA)
NOTICE OF SPECIAL ACCOMMODATION DURING PUBLIC MEETINGS In compliance with the ADA, individuals needing special accommodations during this meeting should notify Dan Murphy at danmurphy@utah.gov at least three (3) working days prior to meeting.
Notice of Electronic or Telephone Participation
Electronic or Telephone participation may be utilized with the following Zoom link: https://utah-gov.zoom.us/j/86255132023