MHGB
Communication

Office of the City Manager
 
 

Date

February 25, 2008

 

Agenda Item No.       MHGB2B

Roll Call No.              08-

Communication No.  08-100

Submitted by: Chris Johansen, Housing Services Director

 

 

AGENDA HEADING:

 

Hearing and Adoption of Proposed Municipal Housing Agency Annual Budget for the Fiscal Year Ending June 30, 2009. 

 

 

SYNOPSIS:

 

Recommend approval of the Des Moines Municipal Housing Agency (DMMHA) proposed annual budget for the fiscal year ending June 30, 2009.

 

 

FISCAL IMPACT:

 

Amount:  Annual budget in the amount of $21,755,869.

 

Funding Source:  U.S. Department of Housing and Urban Development. FY07-08 Operating Budget, pg. 169. 

 

 

ADDITIONAL INFORMATION:

 

The DMMHA’s annual budget is recommended to be appropriated as follows:

 

                                                Appropriation               Units

Royal View Manor:                  $        895,643                200

East View Manor:                               265,489                  50              

South View Manor:                            259,268                  50                                      

Highland and Oak Park:                      487,491                  90

Disposition Homes:                          1,068,375                112

5h Homeownership:                            412,457                  62

Central Office:                     1,233,077                   --

Section 8:                                      15,784,073             3,022

Capital Fund Program:         1,349,996                   --

 

Total:                                        $   21,755,869             3,586

                                                           

The Section 8 program continues to be our most popular program for our clients. We recently opened our waiting list in late summer of 2007 and currently have over 2,900 on the waiting list.  Currently, over $1,000,000 per month in Housing Assistance Payments is paid to landlords in the community. 

 

The Public Housing program will continue to reduce its public housing inventory.  This will be done by the sale of property through our 5h Homeownership Program and the approved disposition of 394 scattered-site housing units.  Investments in our 5 manors (390 units) will continue throughout the fiscal year.          

 

 

PREVIOUS COUNCIL ACTION(S):  NONE

             

 

BOARD/COMMISSION ACTION(S): 

 

Date:  February 11, 2008 

 

Roll Call Number:  08-190      

 

Action:   Setting date of hearing on Proposed Municipal Housing Agency Annual Budget fiscal year ending June 30, 2009, (2-25-08). Moved by Vlassis to approve.  Motion Carried 6-2. 

 

Date:  February 26, 2007 

 

Roll Call Number:  07-308      

 

Action:  Approval on proposed Municipal Housing Agency Annual Budget for the fiscal year ending June 30, 2008.  Moved by Vlassis to approve.  Motion Carried 7-1.

 

 

ANTICIPATED ACTIONS AND FUTURE COMMITMENTS:  NONE