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SAN FRANCISCO HOUSING AUTHORITY HOUSING Development and Modernization 1815 EGBERT AVENUE, R OOM 300 • S AN FRANCISCO, CA • 94124 (415) 715-3210 • TTY (415) 467-6754 • Fax (415) 715-3201

MODERNIZATION FINANCING OPPORTUNITIES PROJECT BASED VOUCHER SUBSIDIES OR CAPITAL FUND FINANCING ROSA PARKS RESIDENT CONSULTATION MEETING MINUTES DATE & TIME:

Wednesday July 20, 2011 @ 9:00 AM

LOCATION:

1251 Turk Street, Rosa Parks Community Room

SUMMARY:

25 residents signed in. Barbara Smith and Jasmine Kuo attended from SFHA.

RESIDENT QUESTIONS & COMMENTS Q. Under PBV, will residents need to pay for utilities? A. No. Residents will not pay individual utility bills. Q. Why is the funding amount different for each of the four proposed sites? A. The funding amount depends on the number and size of units at each site, rehabilitation work needed, and potential for tax credit equity. Q. Residents asked about land building ownership. A. It would be the same with CFFP or PBV conversion. The land would be ground leased and the buildings would be owned by a tax credit partnership for 15 years. SFHA expects that one of its nonprofit affiliates will be managing general or general partner in the partnership. Q. Resident asked why bathroom light and fan are on the same switch. A. They are on the same switch so that when residents shower or generate steam in the bathroom the ventilation fan is automatically on to help clear the room of moisture that might cause mold and mildew. SFHA will look into alternatives. Q. When will construction for the proposed improvements begin? A. Disposition approval process will last approximately 9 months. In the meantime, the Housing Authority will work on the design and construction documents for the improvements. Construction may begin in 1 year. Residents were advised that getting the funding in place and being able to do the work is contingent on getting many approvals and putting many pieces in place. Q. If a resident requests a tenant based voucher after 13 months, does that voucher ever expire? A. Will research further and provide the answer at the next resident meeting in 2 weeks.


Residents were asked to look over the handouts and at the meeting in two weeks: (1) give staff their recommendations and priorities for rehabilitation work and (2) ask any additional questions they have about the two financing strategies and potential changes for residents.

Rosa_Parks_Resident_Meeting_072011  

ROSA PARKS RESIDENT CONSULTATION MEETING MINUTES H OUSING Development and Modernization Q. Resident asked why bathroom light and fan are on...

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