Quarterly board meeting - Revision 2
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General Information
- Government Type
- State Agency
- Entity
- Department of Workforce Services
- Entity Website
- https://jobs.utah.gov/
- Public Body
- Olene Walker Housing Loan Fund Board
Notice Information
- Notice Title
- Quarterly board meeting
- Notice Tags
- Housing and Community Development
- Notice Type(s)
- Meeting
- Event Start Date & Time
- October 11, 2024 09:00 AM
- Event End Date & Time
- October 11, 2024 02:00 PM
- Description/Agenda
- Olene Walker Housing Loan Fund Quarterly Board Meeting October 11, 2024 - 9:00am Olene Walker Administration Building 140 East 300 South - Room 211A & B Salt Lake City, Utah Zoom Link https://utah-gov.zoom.us/j/82595447452 A G E N D A Welcome Beth Holbrook Public Comment (3 minutes): ACTION ITEMS: Item 1: Recognition of service (3 minutes) Beth Holbrook Item 2: Approval of Minutes (3 minutes) Beth Holbrook Quarterly Meeting - July 2, 2024 Electronic Meeting - July 30, 2024 Item 3: Financial Report & FY 2025 Budget Update (5 minutes) Carver Black NEW BUSINESS: Item 1: New Multifamily Projects (listed by statute priority and then by score [highest to lowest]) Homeless Projects [Statute Priority - Homelessness]: 1. Saltair Lofts (SLC) - Valley Behavioral Health (7 minutes) Daniel Herbert-Voss Score: 388 out of 500 New Construction Requesting $500,000 107 South 800 West, SLC, Salt Lake County 2. Sunrise Metro-Atkinson's Stacks (SLC) - GIV Group (7 minutes) Daniel Herbert-Voss Score: 384 out of 500 New Construction/Acquisition-Rehab Requesting $750,000 580 South 500 West, SLC, Salt Lake County 3. The Point at Fairpark Phase II (SLC) - Switchpoint (7 minutes) Daniel Herbert-Voss Score: 318 out of 500 New Construction Requesting $1,908,530 130 North 2100 West, SLC, Salt Lake County 4. St. George Shelter (St. George) - Switchpoint (7 minutes) Daniel Herbert-Voss Score: 283 out of 500 Rehabilitation Requesting $2,162,501 928 North, 1300 West, St. George, Washington County Acquisition/Rehabilitation Projects [Statute Priority - Acquisition/Rehabilitation]: 5. Dominguez Park Phase III (Millcreek) - Western Region NPHC (7 minutes) Score: 267 out of 500 Daniel Herbert-Voss Acquisition/Rehabilitation Requesting $600,000 3970 South 700 West, Millcreek, Salt Lake County New Construction Projects - Other Multifamily Projects [Ranked by Score]: 6. Fairmont Heights (SLC) - Lincoln Avenue Development (7 minutes) Daniel Herbert-Voss Score: 375 out of 500 New Construction Requesting $1,428,887 2257 South 1100 East, SLC, UT 7. Valley West (Gunnison) - Rio West Properties (7 minutes) Daniel Herbert-Voss Score: 343 out of 500 New Construction Requesting $1,550,000 450 North 100 West, Gunnison, Sanpete County 8. Richards Street (SLC) - Lincoln Avenue Development (7 minutes) Daniel Herbert-Voss Score: 235 out of 500 New Construction Requesting $1,675,759 1116 South Richards Street, SLC, Salt Lake County 9. Ventana (Kanab) - Acumen Development (7 minutes) Daniel Herbert-Voss Score: 201 out of 500 New Construction Requesting $2,000,000 970 E Kaneplex Drive, Kanab, Salt Lake County Pre-Development Grant Request: 10. Price Affordable (Price) - HA of Carbon County (7 minutes) Daniel Herbert-Voss Predevelopment Grant Requesting $50,000 Approximately 300 South 1600 East, Price, Carbon County Single Family Ownership Request: 11. Aarhus Village Phase III (Ephraim) - Advanced Properties (7 minutes) Score: 166 out of 500 Daniel Herbert-Voss New Construction Requesting $1,500,000 100 East 700 North, Ephraim, Sanpete County Item 2: Existing/Returning Multifamily Projects [Ranked by Score for Additional Funding Only] 1. Lazy Days (Kanab) - Western Region Nonprofit HC (5 minutes) Daniel Herbert-Voss Change in OW % Rate Requested - No Additional Funds Requested Acquisition/Rehabilitation 266 West 200 North, Kanab, Kane County 2. Liberty Corner (SLC) - Cowboy Partners (5 minutes) Daniel Herbert-Voss FInalization of Lien Positions - No Additional Funds Requested New Construction 1265 South 300 West, SLC, Salt Lake County 3. Liberty Ranch (Park City) - Cowboy Partners (5 minutes) Daniel Herbert-Voss Approve Financial Stack and Restructured Rent Tiers - No Additional Funds Requested New Construction 6850 Liberty Ranch Lane, Park City, Summit County 4. 44 North PSH - Housing Connect/First Step House (7 minutes) Daniel Herbert-Voss Score: 399 out of 500 New Construction - Additional Funds Requested Requesting $2,000,000 44 & 48 North 1000 West, SLC, Salt Lake County 5. Birkhill Lofts (Murray) - The Knowlton Group (7 minutes) Daniel Herbert-Voss Score: 327 out of 500 New Construction - Additional Funds Requested Requesting $374,301 4277 South Main Street, SLC, Salt Lake County Item 3: Reports (Please review prior to meeting - Staff will answer questions) 1. Single Family Default List Kathryn Halterman 2. Multifamily Quarterly Progress Report Daniel Herbert-Voss 3. Energy Star Report Daniel Herbert-Voss 4. Monitoring Report Update Steve Fox 5. Home Choice Quarterly Report Josh Runhaar 6. Cash Flow Loan Status Report Daniel Herbert-Voss 7. TOD Report Dan Adams 8. Utah Housing Preservation Fund Lukas Ridd 9. Landlord Incentive Program Kathryn Halterman I. Next Quarterly Board Meeting: January 9, 2025 Adjourn:
- 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/85485380755
Meeting Information
- Meeting Location
-
140 E 300 S
Salt Lake City, UT 84111
Show in Apple Maps Show in Google Maps - Contact Name
- Dan Murphy
- Contact Email
- danmurphy@utah.gov
Notice Posting Details
- Notice Posted On
- October 08, 2024 09:45 AM
- Notice Last Edited On
- October 11, 2024 09:15 AM
Download Attachments
| File Name | Category | Date Added |
|---|---|---|
| 1. Agenda - Quarterly Board Meeting - 10-11-2024.docx.pdf | Public Information Handout | 2024/10/08 09:44 AM |
Board/Committee Contacts
| Member | Phone | |
|---|---|---|
| Jed Mark Nilson | N/A | N/A |