From Public Hearing April 10, 2019
10. Roll Call
The regular meeting of the Medford Housing Advisory Commission (HAC) was called to order at 12:00 p.m. in Room 151 of the Lausmann Annex on the above date with the following members and staff in attendance:
20. Approval of Minutes
Minutes for February 11, 2019 were approved as submitted.
30. Public Comments
40. Old Business
a) CDBG Funding Update
Staff liaison Angela Durant explained that she does not yet know how much the Community Development Block Grant (CDBG) program will receive in funding from Housing and Urban Development (HUD) for Fiscal Year (FY) 2019/2020.
Mrs. Durant discussed potential 2019/20 housing-related funding recommendations from the Community Development Grants Commission (CDGC) as follows:
Angela Durant, Staff Liaison
Clay Bearnson, City Council Liaison
Madison Simmons, Legal Department
Cinthya Perezchica, Planning Department
Anticipated outcomes for these projects include:
Reducing homelessness through the permanent (year-round) shelter
50-100 homeless shelter beds
Assisting with preservation of existing housing
16-18 homeowner repairs
Assisting with availability of accessible housing
10-34 owner-occupied and rental improvements to accessibility
b) CET Administration and RFP Process
Mrs. Durant presented the commission with the proposed timeline of the first year of the Construction Excise Tax (CET) and Request for Proposals (RFP) process with RFP launch date of July 2019. Mrs. Durant reviewed using the City of Bendís RFP process as a model.
50. New Business
a) Medford Urban Renewal Agency (MURA) Opportunities
Executive Director of Medford Urban Renewal Agency (MURA) Harry Weiss discussed with the commission the possibility of aligning CET and MURAís scope of work.
Mr. Weiss stated that MURA has been extended by City Council for an additional five and a half years. Approximately 20 million dollars has been identified for MURA revenue activities with two million (10%) allocated for seismic retrofit in downtown Medford and 18 million with targeted use in the Liberty Park neighborhood.
Mr. Weiss would like to see where MURA and CET can work together to leverage funding. MURA will not be a developer of any projects but will work as a land assembler. Mr. Weiss reminded the commission that MURA funding is location-specific and can only work within designated MURA boundaries.
Mr. Weiss discussed a tax incentive called Opportunity Zones, which is a designation created by the Tax Cuts and Job Act of 2017, allowing for certain investments in lower-income areas to have a tax advantage. Opportunity Zones provide every state with the ability to designate up to 25% of the stateís distressed census tracks to be used as Opportunity Zones, and this financial mechanism allows private capital gain from any source outside of the Opportunity Zone, if it is rolled into an investment in an Opportunity Zone, to receive preferential capital gains treatment.
b) CET Funding Priorities
Mrs. Durant discussed CET funding priorities, using the City of Bend as a model.
60. Remarks from Council Liaison
70. Remarks from Commissioners
80. Remarks from Commission Chair
90. Remarks from Staff Liaisons
Meeting adjourned at 1:28 p.m.
- ACCESS $100,000
- Housing Authority of Jackson County $ 200,000
- Rebuilding Together Rogue Valley $ 50,000