2015 annual report

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Eastern Iowa Regional Housing Authority Fiscal Year 2015 Annual Report


Staff

Michelle Schnier Director of Housing and Support Services

Kelley Deutmeyer ECIA Executive Director

Carl Reimer

Housing Development Specialist

Mindy Meyers Family Support Coordinator/Site Manager

Mindy Wiley Family Support Coordinator/Site Manager

Maria Elgin

Housing Specialist

Michelle Huseman Housing Specialist

Lori Joester Housing Manager

Debbie Maier Housing Specialist

Jenny Schrobilgen Housing Specialist

Leonard O’Connell Maintenance Manager

Sean O’Malley Maintenance Manager

Tom Simpson

Maintenance Manager


Organization/Mission Organization

Established in 1978, the Eastern Iowa Regional Housing Authority (EIRHA) operates as a division of the East Central Intergovernmental Association (ECIA), which provides staff and administrative support to EIRHA.

2015 Program Operating Income Housing Choice Voucher $5,039,207

FY ’15 CFP $161,471

ROSS ESS $38,965 ROSS FSS 13 $66,746

EIRHA was organized pursuant to Chapter 28E, Code of Iowa, and was established and created as a regional Housing Authority for the following counties:

EIDC 739,756

EIRHC - Tax Credit (Evergreen Meadows) $143,272

Cedar Dubuque Scott Clinton Jackson Delaware Jones

Public Housing $538,262

(excluding the cities of Dubuque, Clinton, Camanche & Davenport, as they have their own Housing Authorities established)

EIRHC - USDA Units $37,876 Public Housing Operating Subsidy $335,322 Ross Family Self-Sufficiency (S8 & PH) $156,669

Mission

The goal of the Eastern Iowa Regional Housing Authority (EIRHA) is to provide decent, safe, and affordable housing for eligible households; to provide opportunities and promote selfsufficiency; create economic independence; and provide home ownership opportunities for Housing Choice Voucher and Public Housing Program participants.

Tenant Based Rent Assistance $433,123 EIRHC - Tax Credit (Asbury Meadows) $227,761

The pie chart depicts the fiscal year 2015 programs and funding sources, as well as the amount of operating income. [All figures contained herein based on Fiscal Year 2015 unaudited financial statements]


Green Accreditation

On July 1, 2013, EIRHA received Provisional Accreditation from the Department of Housing and Urban Development. Provisional Accreditation means that EIRHA has made commitments to implement best practices in both management of the housing portfolio and effectiveness of its operations. The accreditation is valid for two years.

Manchestor Manor residents expressed interest in planting a garden. Staff accommodated the request and supplied and built a raised bed garden for the elderly and disabled residents. The residents planted, maintained and harvested from the garden throughout the spring and summer.

The Affordable Green Initiative includes three components that focus on developing core competencies and skill sets for HUD’s housing grantees and partners across all affordable housing programs. The components are: - Training of individuals (across multiple job types). - Direct technical assistance to organizations. - A pilot green accreditation of HUD assisted organizations aimed at helping these organizations to institutionalize energy efficiency, healthy and green building practices in their day-to-day operations as well as long term rehabilitation and redevelopment of their affordable housing portfolios.

Accomplishments:

Recycling- Units are provided with recycling bins at designated sites. Interior Air - 226 units are smoke free. Energy Reduction - Heating systems have been upgraded. Water Reduction - Public Housing Units have low-flow aerators installed. Resident Training - Education in energy awareness to tenants. Staff Training - Education in energy awareness to staff. Petal Project Certification - The agency received Petal certification.

In June, 2014 the EIRHA administrative offices became Petal Certified through the Petal Project. The Petal Project is a green-business certification program that offers a framework for saving money and resources while establishing a community-wide definition of a green business. The framework focuses on waste reduction, pollution prevention, water and energy conservation and staff education.


Housing Choice Voucher (HCV)

HCV Assistance by County Year [July 1, 2014- June 30, 2015]

EIRHA has an Annual Contributions Contract (ACC) with the Department of Housing and Urban Development (HUD) to serve 983 families and has a calendar year budget for Housing Assistance Payments (HAP) that cannot be exceeded.

Dubuque County

$601,817 The HCV program is designed to meet the needs of low-income families and elderly/disabled 15% by providing rental assistance in their existing housing units. The participating family chooses a decent, safe, and sanitary rental unit. EIRHA makes monthly rental payments on behalf of the tenant to the landlord to assist the household with their rent. Participating households pay a minimum of 30% of their adjusted income or $50.00, whichever is greater, toward Delaware County rent and utilities. The rental unit must pass a Housing Quality Standard inspection and fall $332,281 8% within HUD’s Payment Standard Schedule. Households are allowed to select a housing unit anywhere in the seven county region served by EIRHA except for the cities of Dubuque, Clinton, Camanche and Davenport. Clinton County

In April, 2004, EIRHA assumed the City of Maquoketa’s Annual Contributions Contract for 156 Section 8 Housing Choice Vouchers. In July, 2014, EIRHA assumed the transfer of 100 Section 8 Housing Choice Vouchers from the City of Bettendorf.

Over 1,206 households benefited from the rental assistance program during the fiscal year with a total of $4,049,468 in rental assistance provided to landlords on the behalf of elderly/ disabled individuals and families with low income.

Jones County $460,562 11% Cedar County $240,268 6% Jackson County $213,211 5%

City of Maquoketa $545,953 14%

$410,094 10%

Scott County $584,427 15%

City of Bettendorf $660,855 16%

HCV Households Assisted by County [July 1, 2014 - June 30, 2015]

History of Housing Assistance Payment Expenditure & Lease Up 108

Dubuque County 169 15%

106.49

Jones County 150 12% Cedar County 81 7%

106 103.62

Percent

104 102

100.75

100

99.89

Expenditure

98.9

Lease Up

98

Series1

96

Series2

94

94.67

94.41

94.79

Delaware County 125 10%

Jackson County 78 6%

Clinton County 134 11%

City of Maquoketa 168 14%

92 90 88

2011 1

2012 2

Calendar Year

2013 3

2014 4

Scott County 148 12%

City of Bettendorf 153 13%


HCV Client Profile To qualify for the Section 8 Housing Choice Voucher program, the family’s income may not exceed 50% of the median income for their county, using income guidelines established by HUD. EIRHA staff serves as a liaison between the program participant and the landlord. In fiscal year ’15, EIRHA’s average monthly housing assistance payment sent to landlords was $324.79. Since 2002, EIRHA has had a waiting list for program services. At the end of fiscal year ’15; 5,016 households were on the waiting list with an average wait of twelve months. Effective July 1, 2015 all applicants are served in order by date and time of application with no preferences. When the applicant reaches the top of the waiting list, they must meet the income guidelines and cannot have been charged or convicted of drug related or violent criminal activity during the past three years.

35

35

30%

30

26% 25 20

11%

15 10

5%

2% 0

1

2

4

3

Number of Bedrooms 5%

5 0

23%

25 20

0

10%

27%

30

5

14%

15 10

43%

45 40

Percent

Percent of Households

Bedroom Size Distribution

Income Ranges of Housing Choice Voucher Residents

4%

Distribution of Income $0

$1 $5,000

$5,001 - $10,001 - $15,001 - $20,001 - $25,000+ $10,000 $15,000 $20,000 $25,000

Amount of Income

Wages 26% Other 15%

Race of Participants White 77% Black 22% Hispanic 1% American Indian 0%

Welfare 13% Zero Income 5% SS/SSI/Pension 41%


Public Housing Program

Public Housing Operating Reserve

EIRHA currently owns and manages 164 public housing units located in Dyersville, Bellevue, Manchester, Colesburg, Miles, Sabula, DeWitt, Holy Cross, Hopkinton, Worthington, Delmar, Preston, Peosta, and Wheatland. Overall, a 98.63% occupancy level is maintained. There are 85 units of elderly/disabled and 79 units of family housing. The family housing is scattered-site single family homes and duplexes. The senior/disabled developments range in size from 4-plexes to a 23 unit two-story building. Most of the developments have a waiting list.

$800,000

$716,590

$700,000

Amount

For fiscal year ’15, EIRHA’s Operating Budget was $538,262 and Operating Subsidy was $335,322. EIRHA uses rental receipts to manage and maintain the units. $99,302 was paid for utility costs, $402,289 for maintenance and operations, and $300,811 was paid for administrative and other expenses.

$603,428

$577,254

$600,000

$552,130

$492,801

$437,422 $418,835 $360,576

$500,000 $432,670 $400,000

$276,729 $280,270

$300,000 $200,000 $100,000 $0

Although EIRHA is a tax exempt organization, approximately $27,310 was paid to local governments for payments in lieu of taxes. The public housing program has an operating reserve of $276,729. The reserve funds are used to rehab or build new single family homes that are then sold to qualifying families that are at or below 80% of the county median income guideline.

’05

’06

’07

’08

’09

’10

’12

’11

98.93%

98.88%

98.63% 98.63%

98.63%

’15

Public Housing Payment in Lieu of Taxes $25,797 $24,400

$25,000

Amount

Percent

99

‘14

Fiscal Year

$30,000

History of Public Housing Lease-Up

’13

$24,305

$22,937

$22,669

$27,310 $25,546

$22,459

$18,483 $20,000 $17,839 $17,278 $15,000

$10,000

$5,000 98

98.02% ’10

’11

’12

’13

Fiscal Year

’14

’15

$0

’05

’06

’07

’08

’09

’10

’11

Fiscal Year

’12

’13

‘14

‘15


PH Client Profile T o qualify for the Public Housing program, a household’s income cannot exceed 80% of the median income guideline for their county. Residents pay a minimum of 30% of their adjusted income or $50.00, whichever is greater, toward rent and utilities. Rental payments are made directly to EIRHA on the first of each month. The average monthly rent payment for fiscal year ’15 was $197.24. Residents that are working or have a higher income have a choice of paying rent based on the 30% formula or a flat rent. Staff review the rents annually and presents them to the EIRHA Board of Directors for a final approval. Based on statistical data, approximately 50% of the households admitted to the public housing program are considered extremely low income (at or below 30% of the area median income adjusted for family size).

Distribution of Income

Resident Participation HUD specifies that PHAs shall include in the operating subsidy eligibility calculation $25 per occupied unit, per year, for resident participation activities. Of this $25 per occupied unit, $15 will be used toward resident association activities and $10 toward resident participation funding. A PHA cannot decline these funds nor refuse to use the funds for the purpose intended.

Wages 27% Other 12%

Zero Income 8%

In fiscal year ’15, these funds provided board meeting refreshments, attendance assistance (used to offset transportation and childcare costs of attendees), and the distribution of a quarterly newsletter for all public housing residents.

25%

Percent of Households

SS/SSI/ Pension 50%

Income Ranges of Public Housing Residents

25

Age of Participants

24% 40

Race of Participants

20

White 92% Black 6% Hispanic 1% American Indian 1%

17% 15

13%

10 9% 6%

6%

30 25%

25 20

16%

15 10

5

35%

35

Percent

30

Welfare 3%

12%

8%

4%

5 0

$0

$1$5,000

$5,001- $10,001- $15,001- $20,001- $25,000+ $10,000 $15,000 $20,000 $25,000

Amount of Income

0

0-5

6-17

18-50

51-61

Age Ranges

62-82

83+


CFP and Operating Subsidy

Operating Subsidy $347,673

$350,000

Capital Fund Program (CFP) In recent years, major improvements to the Public Housing units have been necessary to ensure their long-term viability. EIRHA has been successful in receiving CFP dollars from HUD to finance these capital improvements. Funds are awarded on a formula basis to Housing Authorities to plan for their capital improvements over a five-year period.

$340,000

$335,322 $327,338

$330,000

Amount

$325,497

EIRHA received a contract for $161,471 for the 2014 CFP. The award was funded in fiscal year 2014 and included the following upgrades such as: flooring replacement, scattered site roof replacement and appliance replacement.

$320,000

$320,467

$317,823 $315,289

$313,485

$310,000 $300,000 $0

2008

2010

2009

2011

2013

2012

2014

2015

Fiscal Year Operating Subsidy Funds In November 2001, EIRHA began receiving Operating Subsidy Funds for the Public Housing program. The Operating Fund program was established under QHWRA, section 519. The operating fund provides subsidies to local Housing Authorities to assist in funding the operating and maintenance expenses of their properties. The subsidies are required to help maintain services and provide minimum operating reserves.

Capital Fund Program

1

9 ‘13

‘14

61 $1

,47

8

89 $1

$1 58 ,36

4

$200,000

$1 74 ,15

Amount

,05

1

$2 27 ,5

$2 29 ,68

31

9 ,01

6

29 $2

9 $2 18 ,31

$2 27 ,42

$250,000

$2

41

,33

5

$300,000

2

,89

89

$2

$150,000

$100,000

$50,000

$0

‘05

‘06

‘07

‘08

‘09

‘09 **

Fiscal Year

‘10

‘11

‘12 *includes incentive

**stimulus


Public Housing Developments Dyersville Family, Dyersville, IA 52040 509-511 3rd Street NW Duplex (accessible) 510-512 2nd Street NW Duplex 509 2nd Street NW SFH 510-512 3rd Street NW Duplex 612 2nd Street NW SFH 624 2nd Street NW SFH 706 2nd Street NW SFH 521 3rd Street NW SFH 522 3rd Street NW SFH Dyersville Elderly (Villa Park Apts.) Dyersville, IA 52040 501 9th Avenue SW, #100-113

Manchester Family, Manchester, IA 52057 105-107 Quaker Mill Duplex 121-123 Winslow Drive Duplex 125-127 Winslow Drive Duplex 113-115 Ludland Drive Duplex 120-122 Ludland Drive Duplex (accessible) 125-127 Ludland Drive Duplex 117 Ludland SFH 121 E. Honey Creek SFH 145 E. Honey Creek SFH 105-107 Nelson Circle Duplex 113 Nelson Circle SFH 128-130 Nelson Circle Duplex 420 S. Tama SFH 504 Buchanan SFH 513 E. Prospect SFH

BR 2 2 3 2 3 3 3 4 4 1

2 2 2 2 2 3 3 3 3 3 3 3 4 4 4

Manchester Elderly (Manchester Manor) Manchester, IA 52057 912 E. Main Street, #100-110 & 200-212

1

Colesburg Family, Colesburg, IA 52035 416-420 South Franklin Duplex

2

Bellevue North Elderly, Bellevue, IA 52031 400 North 4th Street, #1-8

BR 1

Holy Cross Family, Holy Cross, IA 52053 912 Parkview, Units A-B Duplex

Bellevue South Elderly, Bellevue, IA 52057 207 South 2nd Street, #1-4

1

Miles Elderly, Miles, IA 52064 31 Forrest Street, #1-8

Worthington Family Worthington, IA 52078 506 3rd Avenue SE SFH 301 1st Avenue East SFH

3 2

1

Delmar Family, Delmar, IA 52037 212 Lincoln Avenue SFH 214 Lincoln Avenue SFH

2 3

Peosta Family, Peosta, IA 52068 150 Peterson Drive Duplex 152 Peterson Drive Duplex 170 Peterson Drive Duplex 172 Peterson Drive Duplex 188 Peterson Drive Duplex 190 Peterson Drive Duplex 208 Peterson Drive Duplex 210 Peterson Drive Duplex (accessible)

2 3 2 2 2 3 2 2

DeWitt Family, DeWitt, IA 52742 1307 9th Street SFH 1313-1315 9th Street Duplex 1321 9th Street SFH 1403 8th Street SFH 1509 8th Street SFH 702 2nd Avenue SFH 104-106 4th Street Duplex 110-112 4th Street Duplex 1117 9th Street Court SFH

3 2 3 2 3 3 2 2 3

Wheatland Elderly (Town House Villa) Wheatland, IA 52777 201 S. Bennett Street, Apts. 1-4

1

Rehab - Single-Family Homes 303 Pleasant St., Lost Nation, IA 321 2nd Ave. SW., Dyersville, IA

2 3

Sabula Elderly (River City Apts.) Sabula, IA 52070 208 Sycamore Street, #1-8

1

Sabula Family, Sabula, IA 52070 1001 A-B Lake Street Duplex 1007 A-B Lake Street Duplex

2 3

DeWitt Elderly (DeWitt Senior Heights) DeWitt, IA 52742 612 13th Street, #100-107 626 13th Street, #108-115

1 1

Dyersville Family II, Dyersville, IA 52040 324-326 6th Avenue SE duplex 1005 8th Avenue SE SFH 1124 2nd Avenue SE SFH

2 3 4

Hopkinton Family, Hopkinton, IA 52237 403 Culver Road Duplex 405 Culver Road Duplex 311 Hopkinton & Culver Road SFH 111 School Street SFH

2 3 3 2

Preston Family, Preston, IA 52069 131-135 Anna Court Duplex 141-145 Anna Court Duplex 212 S. Faith Street SFH 511 St. Joseph Street SFH

2 2 3 3

BR 2


Family/Elderly Self-Sufficiency Family Self-Sufficiency (FSS) Program

Prior to 2014, the FSS program was administered as two separate programs – one for Section 8 Housing Choice Voucher participants and one for Public Housing participants. The Consolidated Appropriations Act of 2014 combined funding for both programs to allow a single program to serve family from both programs, thus increasing the number of Public Housing Authorities that could qualify for a Coordinator. On January 1, 2015, this was implemented and EIRHA was awarded $203,038 to support funding for three coordinators that are now all rolled into one program. At fiscal yearend, EIRHA was serving the following number of families: Section 8 HCV; 133 households with an average escrow account of $1,766 and 108 successful completions. Public Housing; 55 households with an average escrow account of $1,273 and 48 successful completions. In the FSS program, the Coordinators work with a network of service providers and task force groups in the region to obtain the needed services to assist program participants reach economic self-sufficiency. Services offered include motivational training, career counseling, employment skills training, budgeting/financial aid, household management counseling and personal development counseling. The program is designed to promote employment and offer an opportunity to save money amongst participants. Participants of FSS can earn a savings account through increases in their earned income. This savings account is referred to as an escrow account. As a household’s income increases their earnings through employment, an amount equal to 30% of that increase is deposited into an escrow account. The account earns interest and is returned to the participant upon successful completion of their FSS contract.

Elderly Self-Sufficiency (ESS) Program

On February 26, 2015, EIRHA was awarded a three year Resident Opportunity and Self-Sufficiency (ROSS) Service Coordinator Program grant in the amount of $246,000 to continue providing services to its elderly and/or disabled Public Housing residents. The 2011 grant for these services expired in September, 2014. The purpose of the grant is to allow for the provision of a Service Coordinator to coordinate supportive services and other activities designed to help Public and Indian housing elderly and/or disabled residents to age-in-place. The service coordinator ensures that these program participants are linked to the supportive services they need to achieve self-sufficiency or remain independent. There are currently 64 participants on the ESS program with 25 successful completions.

FSS Success Story “I’m so thankful for the escrow account I received through the FSS program. We have been trying to save money to move forward but it has been difficult. This program gave me goals to reach and the ambition to reach them. The escrow account will help me get into a house and keep me moving forward with my goals. -FSS participant


Home Ownership Public Housing Home Ownership Program Through EIRHA’s Public Housing Home Ownership Program, first-time home buying low-income households are given the opportunity to purchase their Public Housing units. Of the 164 Public Housing units, 27 are single family scattered-site units located in Dyersville, Manchester, DeWitt, Hopkinton, Preston, Worthington, and Delmar. At the present time, five families have purchased the Public Housing units that they reside in; two units were located in the city of Manchester and three in the city of Dyersville. Housing Choice Voucher Home Ownership Program Since July 1, 2003, EIRHA has implemented a Housing Choice Voucher Home Ownership Program. The plan states that EIRHA will assist 25 current voucher recipients with home ownership. To date, 21 families have been assisted with the purchase of their own home through the HCV home ownership program. In accordance with the program regulations, monthly rental assistance can be used to assist a participating household with making their mortgage payments rather than paying a portion of their monthly rent. Housing Development Projects Manchester Single - Family Home Construction Four lots were purchased on Marion Street in Manchester, Iowa to construct new single family homes. The homes were built and sold to qualifying home buyers. Asbury Single - Family Home Construction Five single family lots were purchased on Trenton Street in the City of Asbury. All five of the homes were sold to qualifying home buyers. Lost Nation and Dyersville - Single-Family Home Rehab Existing single family homes were purchased in Lost Nation and Dyersville. The Dyersville and Lost Nation homes were rehabbed and will be sold through a rent to own option with qualifying families. Applicants for these homes must be income-qualified, be considered a firsttime home buyer, attend a homeownership counseling session, and be able to secure a first mortgage on the home.

Housing Counseling On July 30, 2010, the U.S. Department of Housing and Urban Development approved the EIRHA as a Housing Counseling Agency. EIRHA has met the department’s initial approval criteria and submitted an acceptable housing counseling plan to serve its target area (Dubuque, Delaware, Jackson, Cedar, Clinton, Jones and the city of Bettendorf (Scott) counties). The Department approved the EIRHA to provide money management, prepurchase counseling, and home improvement and rehabilitation counseling in accordance with its counseling plans. To date, 153 families were assisted with Housing Counseling assistance. HUD Housing Counseling Grant EIRHA received a grant for $15,991 from HUD to support EIRHA’s HUD approved housing counseling program to respond flexibly to the needs of residents and neighborhood, and deliver a wide variety of housing counseling services to homebuyers, homeowners, renters and the homeless. Workforce Housing In March, 2012, ECIA received Single Family New Production funds from the Iowa Economic Development Authority to cover down payment costs for moderate income households to construct single family houses, condominiums and town homes in several locations in Dubuque. To qualify, home buying families cannot exceed 80% of the Dubuque County Median Income. EIRHC entered into a contract for services with the Developers to provide the homebuyers with housing counseling services throughout the duration of the build-out and for two years after occupancy. As of June 30, 2015, 112 homes were completed and closed for the Single Family New Production grant.

“I want to thank EIRHA for their help and support, you’ve made the home buying process easy and eliminated any fears that I had. You really did make a dream a reality”


EIRHA PHAS Scoring History

Administrative Planning 100

Public Housing Assessment System (PHAS) Under PHAS, HUD evaluates a PHA based on the following indicators: 1) 2) 3) 4)

Physical Assessment/Condition of the PHA’s public housing properties; Financial Assessment; Management Assessment; A) Occupancy rate B) Tenant Accounts Receivable C) Accounts Payable Capital Fund Indicator.

88%

2012

2013

60 50 40 30 20 10

2010

2011

Year

EIRHA SEMAP Scoring History 100 96%

100%

100%

100%

100%

2011

2012

2013

2014

90 80 70 60

Percent

Section 8 Management Assessment Program (SEMAP) The purpose of the SEMAP is to measure Public Housing Authority management performance in 14 key areas of the Housing Choice Voucher tenant-based assistance program. SEMAP enables HUD to ensure program integrity and accountability by identifying PHA management capabilities and deficiencies, and by improving risk assessment to effectively target monitoring and program assistance.

92%

70

From this data, HUD awards an overall PHA’s score based on the indicator scores. On March 25, 2011, HUD implemented the interim rule which changed the assessment process, making it challenging for PHA’s to remain high performers. EIRHA has qualified for small PHA deregulation based on the number of ACC units and previous PHA’s high ranking. As a result, EIRHA is not assessed the following two years.

93%

80

Percent

Stream-Lined Annual Plan EIRHA received approval of its Stream-Lined Annual Plan, a comprehensive guide to EIRHA programs, operations, and strategies for meeting the housing needs within the region. The plan states the Housing Authority’s mission and its strategies and goals for achieving that mission.

93%

90

50

40 30 20 10 0

2010

Year


Eastern Iowa Regional Housing Corporation (EIRHC) EIRHC was established in 1990 and organized as a not-forprofit under the provisions of Chapter 504A of the Iowa Code. Its purpose is to promote the general social welfare of eligible occupants of rental housing as determined by the United States Department of Agriculture, Iowa Finance Authority, and Iowa Department of Economic Development regulations, without regard to race, color, religion, creed or national origin; to acquire, construct, improve, and operate any real or personal property or interest or rights. The Board of Directors is a mirror image of EIRHA’s Board of Directors, with members representing the seven counties in the region as well as representation from tenants. The Corporation is the same staff as EIRHA, which is staffed by ECIA. Worthington West Ridge and Grand Mound Churchview USDA Units EIRHC owns and manages ten USDA funded elderly housing units: six one bedroom units located at 502 Williams Street in Grand Mound, Iowa and four one-bedroom units located at 317 2nd Ave., SW, in Worthington, Iowa, with an annual budget of approximately $37,836. Services provided for the elderly tenants include counseling, referrals, and community activities. 100% lease-up was maintained at both sites for fiscal year ‘15. Tenant Based Rent Assistance (TBRA) In March, 2014, the EIRHC was awarded an IFA HOME Investment program grant for $998,064 for Tenant Based Rental Assistance (TBRA). These funds provide rental and security deposit assistance for affordable, decent, safe and sanitary housing to qualifying families over a two-year period. To date, 96 families have been assisted with rental assistance and 42 families have received security deposit assistance.

Distribution of Income Wages 22%

Other 16%

Race of Participants White 40% Black 50% American Indian 4% Hispanic 6%

Welfare 12%

Zero Income 21%

SS/SSI/ Pension 29%

Age of Participants

40 33%

35

34%

30 25

Percent

E.I .R.H .C.

Tenant Based Rent Assistance Program Statistics:

25%

20 15 10 5%

5 0

3% 0%

0-5

6-17

18-50

51-61

62-82

83+

Age Ranges Housing Trust Fund In 2014, EIRHC applied to the State of Iowa to be a Housing Trust Fund (HTF) designee. In accordance with Iowa Code Section 16.181, a Housing Trust Fund is held within the Iowa Finance Authority (IFA). The intended use of the funds is for development and preservation of affordable housing for households with low income in the State of Iowa. The EIRHC HTF received $379,802 to construct or rehabilitate 192 units of affordable housing with the following projects: Community Housing Initiative – rehab an old school; DAC, INC. – replace shower, flooring, roofs, windows, doors, garage, kitchen cabinets and water heater at scattered sites; Community Action of Eastern Iowa – weatherization; Single family homes – replace furnace and A/C and roof; down payment assistance; and replace boilers, roofs, cement and windows at EIRHA’s scattered sites.


Tax Credit Communities

ASBURY MEADOWS - 2325 Radford Rd., Asbury, IA In March 2005, the Corporation was awarded Low Income Housing Tax Credits (LIHTC) from IFA and HOME funds from the Iowa Department of Economic Development to construct a 32-unit 2, 3 and 4 bedroom housing development for low to moderate income households in Asbury.

Percent

40 37% 32% 30

98%

‘12

0

$1$5,000

97%

Calendar Year

‘14

30 20%

20

16% 17% 15% 9% 11%

10 0%

98%

‘13

13%

10 7% 6%

96 ‘11

18%

15%

13%

99%

97%

‘10

18%

20

$5,001$10,000

$10,001$15,000

6%

6%

2% 0% 65+ 51-64

2%

$15,001- $20,001- $25,000+ $20,000 $25,000

0

13-17

>12

18-25

26-35

36-50

Age Ranges

Distribution of Income 72%

Race of Participants White Black Other Hispanic

60 54% 50 40 30

21%

20

16% 7%

10 0

13%

0%

Amount of Income

70

97

0

25%

100%

98%

Age of Participants 46%

40

80

99 98

53%

Lease-Up History 99%

50

50

Percent of Total Income

100% 100

Income Ranges of Residents

60

Percent of Households

A new for-profit entity was formed as a subsidiary of EIRHC, the Eastern Iowa Regional Partnership, L.L.L.P., to act as the General Partner in the housing project. A for-profit entity, Eastern Iowa Development Corporation (formerly known as Evergreen Meadows, Inc.), was also developed and is a wholly owned subsidiary of the EIRHC. The open house for the development was conducted in May 2004 with its first tenant occupying the units in June 2004. Evergreen Meadows operates on a calendar year and experienced a 96.88% lease-up for CY ’14. As of June 30, 2015, the complex was at 100% lease-up.

The for-profit entity that was formed as a subsidiary of EIRHC, the Asbury E.I.R.P., L.L.L.P., is the General Partner in the housing project. The for-profit entity, Eastern Iowa Development Corporation (formerly known as Evergreen Meadows, Inc.), is a wholly owned subsidiary of the EIRHC. Lease-up of the units began July, 2006 with final lease-up October 2006. Asbury Meadows operates on a calendar year and experienced a 98.18% lease-up for CY ‘14. As of June 30, 2015, the complex was at 100% lease-up.

Percent

PEOSTA EVERGREEN MEADOWS 110 Peterson Dr., Peosta, IA In March 2003, EIRHC was awarded Low Income Housing Tax Credits (LIHTC) from the Iowa Finance Authority (IFA) and HOME funds from the Iowa Department of Economic Development to construct a 24-unit 2, 3 and 4 bedroom housing development for low to moderate income households in Peosta.

Wages

Welfare

SS/SSI/ Pension

Income Source

72% 28% 0% 0%

18% 6%

6%

43% 57% 0% 0%

Other

Evergreen Meadows Asbury Meadows


EIRHA-EIRHC Board of Directors - FY ‘15

In Memory... Merrill “Bud” Smock 4/6/1937 - 7/6/2015

Merrill “Bud” Smock, a long-time supporter of ECIA and EIRHA was a special man that dedicated his life to the love of our great Country and to his family and friends. Bud served 22 years in the US Navy. He also served on the EIRHA Board from January 1992 to July 2015 and was Chair from May 2000 to November 2012. Under Bud’s leadership, the Eastern Iowa Regional Development Corporation was formed and two Low Income Housing Tax Credit sites were constructed. Bud also served on the ECIA Executive and Council Boards for several years. Bud’s wife, Darlene Smock passed away earlier this year in February. They were a special couple and will be sadly missed. Rest in Peace Bud and Darlene.

EIRHA Board

EIDC Board of Directors - FY ‘15

Bill Rediger, Chair Dyersville, Iowa

Al Schilling Angela Rangel Worthington, Iowa Bettendorf, Iowa

Lenfred Phelps Colesburg, Iowa

Jim Flogel, Vice-Chair Dubuque, lowa

Leo Roling Colesbury, Iowa

Gary Hamilton Clarence, Iowa

Elise Bergen Edgewood, Iowa

Linda Duesing, Treasurer DeWitt, Iowa

Linda Gaul Earlville, Iowa

Cheryl Kastantin Wheatland, Iowa

Donna Boss, Manchester, Iowa

Kelley Deutmeyer, Secretary EIRHA Executive Director

Mary Gibson Preston, Iowa

Mary Hamilton Clarence, Iowa

John Tegler Manchester, Iowa

Cliff Bunting Manchester, Iowa

Joanne Guise Delmar, Iowa

Pat Johnson Asbury, Iowa

Bill Rediger, President EIRHA/EIRHC Representative Dyersville, Iowa

Jeff Armstrong NICC Representative Peosta, Iowa

Carol Schmitt, Treasurer Peosta Representative Peosta, Iowa

Cliff Bunting, Vice President EIRHA/EIRHC Representative Manchester, Iowa

Pat Johnson Asbury Representative Asbury, Iowa

Kelley Deutmeyer, Secretary ECIA Representative Dubuque, Iowa

Brian Recker Evergreen/Peosta Representative Peosta, Iowa

There are seven counties and 95 municipalities that are members of the E.I.R.H.A. Each county and/or municipal government within the Authority area are represented by two commissioners appointed by the city or county. The Board of Directors are elected from Authority commissioners. The

This Annual Report was printed on recycled paper.

Board of Directors is responsible for the business and fiscal affairs of the Authority and approves policies for the Housing Authority.


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