5/10/1978 - Laserfiche WebLink

Home Browse Search

1 OPERATION OF THE PROGRAM PROVIDES THAT THE COUNTY WOULD RECEIVE 8.5% OF THE TOTAL RENTS IMPLEMENTED, WHICH SHOULD PROVIDE ABOUT $16,000 TO OPERATE THE PROGRAM ANNUALLY, OR ABOUT $135,000 OVER A FIVE YEAR CONTRACT. COMMISSIONER SIEBERT FELT IT IS VERY IMPORTANT TO EXPLAIN THE DIFFERENCE BETWEEN A PUBLIC HOUSING AGENCY AND A PUBLIC HOUSING AUTHORITY. MR..REGAN,EXPLAINED THAT A PUBLIC HOUSING AGENCY CAN BE SET UP BY THE BOARD AND THEY CAN APPOINTE THE MEMBERS, BUT IF THE BOARD RECOMMENDED SETTING UP A PUBLIC HOUSING AUTHORITY, THE GOVERNOR WOULD r APPOINT THE MEMBERS. HE NOTED THAT A PUBLIC HOUSING AGENCY HAS MORE FLEXIBILITY THAN A PUBLIC HOUSING AUTHORITY WHICH USUALLY BORROWS MONEY, SELLS BONDS AND DEVELOPS THE PUBLIC HOUSING ITSELF. THE PUBLIC HOUSING AGENCY HELPS PRIVATE DEVELOPERS, AND IN A PUBLIC HOUSING AGENCY PROGRAM, THE UNITS WOULD BE OWNED BY A PRIVATE INDIVIDUAL AND MANAGED BY A PRIVATE INDIVIDUAL. COMMISSIONER SIEBERT NOTED THAT WHEN WE HAVE THE WATER AND SEWER IN, WE HAVE DEVELOPERS HERE WHO WILL GO OUT AND BUILD LOW COST HOUSING UNITS. IF WE ESTABLISH A PUBLIC HOUSING AGENCY AND WORK WITH THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM AND THE CLEARING AGENCY HAPPENS TO BE MR. REGAN`S OFFICE, THEY CAN ALSO RECEIVE THEIR CERTIFICATION FOR A RENT SUBSIDY THROUGH THAT OFFICE. HE POINTED OUT THAT YOU DO NOT NEED A HOUSING AUTHORITY FOR A PRIVATE DEVELOPER i0 BE ABLE TO DO THIS. f MR. REGAN STATED THAT WE ARE GOING AFTER SECTION S ALLOCATIONS FOR EXISTING UNITS, BUT NOTED THAT THERE IS A PROGRAM WHERE,YOU CAN BUILD A PROJECT USING FHA FUNDS AND IT WOULD BE SUPPLEMENTED WITH SECTION S CERTIFICATION. CHAIRMAN WODTKE DISCUSSED THE STANDARD NUMBER OF DOLLARS THAT WILL BE PAID ON A RENTAL UNIT, AND MR, REGAN INFORMED THE BOARD THAT THERE IS A SCHEDULE ACCORDING TO THE SIZE OF THE UNIT AND SOME OTHER FACTORS, CHAIRMAN WODTKE ASKED WHETHER THE $275.00 PER UNIT•WOULD BE RECEIVED PER UNIT AS THE PROGRAM PROGRESSED OR IN A LUMP SUM. . 63 BOOK 34 PA -F.