HomeMy WebLinkAboutAgenda_HAB_03.17.2016Notice of Meeting for the
Housing Adv isory Board
of the City of Georgetown
March 17, 2016 at 3:30 PM
at Georgetown Municipal Complex, 300-1 Industrial Av enue, Georgetown, TX 78626,
Williamson Conference Room
The City o f G eo rgeto wn is committed to comp lianc e with the Americans with Dis abilities Ac t (ADA). If yo u
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fo ur (4) d ays prior to the sc heduled meeting d ate, at (512) 930-3652 or City Hall at 113 East 8th Street for
ad d itional informatio n; TTY users ro ute thro ugh Relay Texas at 711.
Public Wishing to Address the Board
On a sub ject that is pos ted on this agend a: Pleas e fill out a speaker regis tration form which c an b e found at the
Bo ard meeting. C learly p rint yo ur name, the letter o f the item o n which yo u wis h to s p eak, and present it to the
Staff Liais o n, p referab ly p rio r to the s tart of the meeting. You will be called forward to speak when the Board
cons id ers that item.
On a sub ject not pos ted on the agend a: Pers ons may add an item to a future Bo ard agenda b y filing a written
req uest with the S taff Liaison no later than one week prior to the Board meeting. T he req uest mus t inc lude the
s p eaker's name and the s p ecific to p ic to b e ad d res s ed with sufficient information to info rm the b o ard and the
p ublic . For Board Liais on c o ntact info rmatio n, pleas e lo gon to
http://go vernment.georgetown.o rg/category/b o ard s -commissions /.
A Welc o me to gues ts .
Legislativ e Regular Agenda
B Introduction of Hous ing Advis o ry Bo ard memb ers and staff.
C Co nsideration and possible actio n to elec t a Vic e-Chair for 2016.
D Co nsideration and possible actio n to elec t a S ecretary fo r 2016.
E Co nsideration and possible actio n to approve the minutes fro m the Feb ruary 11, 2016 meeting.
F Dis cus s ion and pos s ible actio n to mo ve the d ate and lo catio n o f the regular Hous ing Advis o ry Bo ard
meetings .--Jennifer C. Bills, AICP, LEED AP, Hous ing Co o rd inato r
G Dis cus s ion on the p urpose and goals o f the Ho us ing Ad visory Board. --Jennifer C. Bills, AICP, LEED AP
Ho using C o o rd inato r
H Pres entatio n and d is cus s io n o n the purpos e o f the Geo rgeto wn Ho using Autho rity. Nikki Brennan,
Exec utive Direc to r of GHA and Bo ard memb er
I Dis cus s ion on the Hous ing Tax Credit pro gram and recent ap p licatio ns to the Texas Dep artment o f
Ho using and C o mmunity Affairs (TDHC A).--Jennifer C. Bills, AICP, LEED AP, Hous ing Co o rd inator
J Dis cus s ion and pos s ible actio n o n the works hop item o n affo rd ab le hous ing at City Co uncil Wo rkshop o n
Ap ril 12, 2016.--Jennifer C. Bills , AICP, LEED AP, Ho using Coordinato r
K Invitation to meet with Avenue Co mmunity Develo p ment Co rp o ration (CDC) in Hous ton on Marc h 28,
Page 1 of 27
2016.--Ric hard Glas c o , Bo ard Chair
L Dis cus s ion and pos s ible actio n to hold an additio nal meeting b efo re the April 12, 2016 Co uncil
wo rksho p.--Jennifer C. Bills, AICP, LEED AP, Hous ing Co o rd inato r
M Up coming items :
Reminder of the next regular meeting the third week o f April.
Adjournment
CERTIFICATE OF POSTING
I, Shelley No wling, C ity S ecretary fo r the C ity of Geo rgeto wn, Texas , d o hereby c ertify that this Notice of
Meeting was p o s ted at City Hall, 113 E. 8th Street, a p lace read ily acc es s ible to the general p ublic at all times ,
on the ______ d ay o f __________________, 2016, at __________, and remained so p o s ted fo r at leas t 72
c o ntinuo us ho urs p receding the sc heduled time o f s aid meeting.
____________________________________
S helley No wling, City Sec retary
Page 2 of 27
City of Georgetown, Texas
Housing Advisory Board
March 17, 2016
SUBJECT:
Cons id eration and p o s s ib le ac tion to elec t a Vic e-C hair fo r 2016.
ITEM SUMMARY:
Per the Housing Advisory Board Bylaws
Section 3.1. Officers. The Board Officers are Chairman, Vic e-Chairman and S ecretary. T he Chairman is
ap p o inted by the C ity Co uncil d uring the annual ap p o intment proc es s . The other Bo ard Offic ers are
elected by a majority vote of the Members at the firs t meeting after the annual ap p o intment proc es s .
Section 3.2. Terms of Office for Board Officers. Board Officers s erve for a term of o ne year. In the
event o f vacanc y in the offic e of Chairman, the Vic e-Chairman s hall s erve as Chairman until the City
Counc il appo ints a rep lacement Chairman. A vac anc y in the other o ffices s hall be elected by majority vote
o f the Members at the next regularly sc heduled meeting, or as soon as reas onab ly p ractical fo r the
unexpired term. If pos s ible, a Bo ard Offic er s hall continue to s erve until the vac anc y is filled.
Section 3.3. Duties.
a. The Chairman pres ides at Bo ard meetings . The C hairman shall generally manage the b usines s of the
Bo ard . The C hairman s hall perform the duties delegated to the Chairman by the Board.
b . The Vice-Chairman s hall p erfo rm the d uties d elegated to the Vice-Chairman b y the Board. The Vic e-
Chairman p res ides at Bo ard meetings in the C hairman’s absence. The Vic e-C hairman shall perform the
d uties of the Chairman in the Chairman’s abs enc e or d is ab ility.
c. The Secretary s hall perform the duties d elegated to the S ecretary b y the Bo ard .
FINANCIAL IMPACT:
None.
SUBMITTED BY:
Jennifer C. Bills , Hous ing Co o rd inato r
Page 3 of 27
City of Georgetown, Texas
Housing Advisory Board
March 17, 2016
SUBJECT:
Cons id eration and p o s s ib le ac tion to elec t a Sec retary for 2016.
ITEM SUMMARY:
Per the Housing Advisory Board Bylaws
Section 3.1. Officers. The Board Officers are Chairman, Vic e-Chairman and S ecretary. T he Chairman is
ap p o inted by the C ity Co uncil d uring the annual ap p o intment proc es s . The other Bo ard Offic ers are
elected by a majority vote of the Members at the firs t meeting after the annual ap p o intment proc es s .
Section 3.2. Terms of Office for Board Officers. Board Officers s erve for a term of o ne year. In the
event o f vacanc y in the offic e of Chairman, the Vic e-Chairman s hall s erve as Chairman until the City
Counc il appo ints a rep lacement Chairman. A vac anc y in the other o ffices s hall be elected by majority vote
o f the Members at the next regularly sc heduled meeting, or as soon as reas onab ly p ractical fo r the
unexpired term. If pos s ible, a Bo ard Offic er s hall continue to s erve until the vac anc y is filled.
Section 3.3. Duties.
a. The Chairman pres ides at Bo ard meetings . The C hairman shall generally manage the b usines s of the
Bo ard . The C hairman s hall perform the duties delegated to the Chairman by the Board.
b . The Vice-Chairman s hall p erfo rm the d uties d elegated to the Vice-Chairman b y the Board. The Vic e-
Chairman p res ides at Bo ard meetings in the C hairman’s absence. The Vic e-C hairman shall perform the
d uties of the Chairman in the Chairman’s abs enc e or d is ab ility.
c. The Secretary s hall perform the duties d elegated to the S ecretary b y the Bo ard .
FINANCIAL IMPACT:
None.
SUBMITTED BY:
Jennifer C. Bills , Hous ing Co o rd inato r
Page 4 of 27
City of Georgetown, Texas
Housing Advisory Board
March 17, 2016
SUBJECT:
Cons id eration and p o s s ib le ac tion to approve the minutes from the Feb ruary 11, 2016 meeting.
ITEM SUMMARY:
Please s ee the attac hed d raft minutes.
FINANCIAL IMPACT:
None.
SUBMITTED BY:
ATTACHMENTS:
Description Type
Draft Minutes February 11, 2016 Cover Memo
Page 5 of 27
Housing Advisory Board Page 1
Minutes February 11, 2016
City of Georgetown
Housing Advisory Board
Minutes
February 11, 2016, at 3:30 p.m.
City Council Chambers, 101 E. 7th Street
Georgetown, Texas 78626
Members present: Brenda Baxter; Nikki Brennan, Walt Doering; Chair, Richard Glasco, Jim Mann,
Monica Martin; Secretary
Members absent: None.
Staff present: Jennifer Bills, Housing Coordinator; Tammy Glanville, Recording Secretary
This is a regular meeting of the Housing Advisory Board of the City of Georgetown. The Board,
appointed by the Mayor and the City Council, makes recommendations to the City Council on
affordable housing matters.
A. Welcome to guests.
Stuart Shaw and Casey Bump, both with Bonner Carrington
Legislative Regular Agenda
Doering thanked Bills for all her hard work on the last three Housing Tax Credits presented to
City Council; Brennan for her clear and concise definition of Public Housing and Workforce
Housing to City Council; Glasco for staying connected with Council member Brainard; Mann for
staying connected with Council member Hesser; Martin and Baxter for their continued steadfast
support on Affordable Housing endeavor.
B. Consideration and possible action to approve the minutes from the January 14, 2016
regular meeting.
Motion by Brennan to approve the minutes from the January 14, 2016 Housing Advisory
Board meeting. Second by Glasco. Approved 6-0.
Doering explained Bills will provide a brief overview and Board will discuss both Item C and
Item D together before Board members take action.
C. Consideration and possible action to recommend approval a resolution of support and a
two times resolution for Georgetown Village Senior Residential LP to apply for Housing
Tax Credits for the construction of 180 units to be known as the Mariposa Apartment
Homes at Georgetown Village, located on the east side of Shell Road, north of Sycamore
Street. Jennifer C. Bills, AICP, LEED AP, Housing Coordinator
Doering asked Bills to display map clarifying the locations of both properties.
Page 6 of 27
Housing Advisory Board Page 2
Minutes February 11, 2016
Doering asked staff what city codes exist regarding finished materials such as flooring and
appliances? Staff responded there are no codes on what type of materials have to be used
in finishing materials.
Doering asked staff what codes exist relative to the filtering of hard water. Staff responded
we do not have any requirements.
Brian Ortego is in favor of the projects and believes it meets the criteria of Georgetown
Village Concept Plan and it will be a positive interest.
Bill Weber President and CEO of Green Builders, Inc. developer of Georgetown Village
stated he is available to answer any questions regarding Georgetown Village Concept Plan.
Bills provided a brief overview of the 126 income-restricted and 54 market rate unit
apartment complex. Bills explained the apartment complex will consist of 1 and 2 bedroom
units. Staff is not recommending approval. Bills explained the site is located on Shell
Road, which is a two-lane undivided road, partially in the county. There are no drainage
improvements for the road and there are no sidewalk on Shell Road for pedestrian traffic.
Bills stated both projects are not currently in the city limits and will have to undergo the
Annexation, Comprehensive Plan Amendment, and Rezoning process before receiving any
site development approval.
Applicant, Stuart Shaw CEO of Bonner Carrington gave a brief presentation describing
their project and provided handouts.
Discussion between board and applicant regarding monitoring illegal and drug activities,
hiring process for managers, maintenance plan, waiting list, and what they do to promote
the community.
Discussion between board, applicant and staff regarding sidewalks, retail, employment,
trees, traffic.
Motion by Glasco to recommend approval to City Council the consideration of a
Resolution of Support and a two times resolution for Georgetown Village Senior residential
LP to apply for Housing Tax Credits for the construction of 180 units to be known as
Mariposa Apartment Homes at Georgetown Village. Second by Baxter. Approved 6-0.
D Consideration and possible action to recommend approval a resolution of support and a
two times resolution for Cypress Creek Georgetown Village LP to apply for Housing Tax
Credits for the construction of 220 units to be known as the Cypress Creek Apartment
Homes at Georgetown Village, located on the east side of Shell Road, north of Sycamore
Street. Jennifer C. Bills, AICP, LEED AP, Housing Coordinator
Page 7 of 27
Housing Advisory Board Page 3
Minutes February 11, 2016
Bills provided a brief overview of the 220 unit apartment complex. Bills explained the site
has never been developed and is vacant. Staff is not recommending approval. Bills
explained the site is located on Shell Road, which is a two-lane undivided road, partially in
the county. There are no drainage improvements for the road and there are no sidewalk on
Shell Road for pedestrian traffic.
Bills stated both projects are not currently in the city limits and will have to undergo the
Annexation, Comprehensive Plan Amendment, and Rezoning process before receiving any
site development approval.
Applicant, Stuart Shaw CEO of Bonner Carrington gave a brief presentation describing
their project and provided handouts.
Discussion between board and applicant regarding monitoring illegal and drug activities,
hiring process for managers, maintenance plan, waiting list, and what they do to promote
the community.
Discussion between board, applicant and staff regarding sidewalks, retail, employment,
trees, traffic.
Motion by Glasco to recommend approval to City Council consideration of a Resolutions of
Support and a two times resolution for Cypress Creek Georgetown Village LP to apply for
Housing Tax Credits for the construction of 220 units to be known as Cypress Creek
Apartments Homes at Georgetown Village. Second by Baxter. Approved 6-0.
E Update from the Georgetown Housing Authority.--Nikki Brennan, Executive Director of
GHA and HAB board member.
Brennan gave a brief update on all the Housing Authority Programs.
F Consideration and possible action to develop questions for council, to clarify council's
direction, expectations, role and function of the Board in 2016, relative to affordable
housing, if any.--Walt Doering, Board Chair.
Discussion between board and staff regarding clarification, direction, role and function of
the Housing Advisory Board from City Council.
Motion by Glasco to forward correspondence to City Council asking for direction of the
Housing Advisory Board. Second by Mann. Approved 6-0.
G Reminder that the next regular meeting will be on March 17, 2016 in the Williamson Room.
• Upcoming topics:
o Council's direction for HAB in 2016.
Page 8 of 27
Housing Advisory Board Page 4
Minutes February 11, 2016
Adjournment
Motion by Glasco to adjourn, Second by Baxter. Approved 6-0
Board adjourned at 5:10 p.m.
__________________________________ _______________________________________
Approved, Richard Glasco, Chair Attest, _____________, Secretary
Page 9 of 27
City of Georgetown, Texas
Housing Advisory Board
March 17, 2016
SUBJECT:
Disc ussion and p o s s ib le ac tion to move the date and loc ation of the regular Ho us ing Ad visory Board
meetings.--Jennifer C . Bills , AICP, LEED AP, Ho us ing Coordinator
ITEM SUMMARY:
Staff wo uld like to move the regular meeting d ate to the third Wednesday of the month, and the loc ation to
the Historic Light and Waterworks building at 809 Martin Luther King Street. T he Planning
Department and Hous ing staff moved to this loc ation rec ently. This loc atio n will affo rd better p arking and
availability o f res o urc es .
FINANCIAL IMPACT:
None.
SUBMITTED BY:
Jennifer C. Bills , Hous ing Co o rd inato r
Page 10 of 27
City of Georgetown, Texas
Housing Advisory Board
March 17, 2016
SUBJECT:
Disc ussion on the purp o s e and go als of the Hous ing Advis o ry Bo ard . --Jennifer C . Bills , AICP, LEED AP
Hous ing Co ordinator
ITEM SUMMARY:
The Hous ing Ad vis ory Board was es tablished fo r the p urpose o f ens uring that the City has affo rd ab le
hous ing for res idents at all income levels.
To carry out this p urpos e, the b o ard is res pons ib le for p ro viding lo ng-range hous ing researc h and p o licy
recommend atio ns with the ho using element o f the City's comprehensive plan. The first ho using element
was ad o p ted by C ity Co uncil o n August 14, 2012, after the board had worked fo r the d o cument for s everal
years. The ho us ing element estab lis hed an antic ip ated d eficit of affo rd ab le units fo r ho useho ld s that make
80% of Area Med ian Inc o me or les s by 2017.
This calc ulation to o k into ac count exis ting ho us eho ld s in Georgetown in 2010 that were cost-b urdened and
the projec ted number o f new hous eholds created b y 2017.
Affordable Ho us ing Defic it b y AMI
Area Median I ncome %O wner Renter
0 up to 30%760 1,833
30 up to 50%608 377
50 up to 80%202 692
Total 1,569 2,902
S ource: 2008 -2 0 1 0 ACS 3 Year Estima tes, C ity of Georgetown
The hous ing element c o ntains s even rec o mmend ations , that when imp lemented, wo uld ad d res s the
affo rd ab le hous ing defic it.
High Priority (One to five years)
1. Develop a p ro gram thro ugh which wo rkfo rc e hous ing develo p ers c an rec eive inc entives to p ro vide new
units.
2. Determine s uitab le multifamily zoning loc atio ns with s uffic ient services and land us e c o mp atibility fo r an
ap p ro p riate mix of hous ing variety within the c ity.
Medium High Priority (Five to seven years)
3. Co ntinue the Ho us ing Divers ity dens ity inc entives fo r new res id ential c ons truc tio n.
4. P rio ritize the us e o f HUD CDBG fund s fo r affordable hous ing.
5. S trengthen home b uyer c o uns eling and support s ervices.
Medium Priority (Seven to ten years)
6. S eek o ut County CDBG funds and State HOME fund s in sup p o rt o f affo rd ab le ho using initiatives ;
s ubc o ntract with lo cal nonp ro fits to imp lement p ro jects
7. Identify revitalization areas fo r c o nc entrated inves tment.
Other Duties
The b o ard is als o res p o nsible fo r reviewing and making rec o mmendatio ns regard ing ho using d evelopments
that req uest City s upport for s tate and federal funding. T his is primarily for Ho us ing Tax Cred it
Page 11 of 27
d evelopments that apply through the Texas Department of Hous ing and Community Affairs . A later item
o n this meeting agend a will go into mo re dep th and detail on the recent p rojec t req ues ts .
The final d uty of the Ho using Ad visory Board is to review and approve Ho me R ep air P ro gram ap p lications
fo r repairs that are o ver $10,000. This is a c ity funded p ro gram that helps low-inc o me ho meo wners with
minor home repairs . T he b o ard will go over this program in more d etail at the next meeting.
FINANCIAL IMPACT:
None.
SUBMITTED BY:
Jennifer C. Bills , Hous ing Co o rd inato r
ATTACHMENTS:
Description Type
Hous ing Advis ory Board Bylaws Backup Material
Page 12 of 27
Page 13 of 27
Page 14 of 27
Page 15 of 27
Page 16 of 27
Page 17 of 27
Page 18 of 27
Page 19 of 27
City of Georgetown, Texas
Housing Advisory Board
March 17, 2016
SUBJECT:
Presentatio n and dis c us sion on the p urpose of the Georgetown Hous ing Authority. Nikki Brennan,
Executive Direc tor o f GHA and Board member
ITEM SUMMARY:
Nikki Brennan, the Exec utive Direc tor o f the Georgetown Hous ing Autho rity will p res ent the p urpose and
functio n o f the Georgetown Hous ing Authority.
FINANCIAL IMPACT:
None.
SUBMITTED BY:
Jennifer C. Bills , Hous ing Co o rd inato r
Page 20 of 27
City of Georgetown, Texas
Housing Advisory Board
March 17, 2016
SUBJECT:
Disc ussion on the Ho us ing Tax Cred it p ro gram and rec ent applic ations to the Texas Department of
Hous ing and Community Affairs (TDHCA).--Jennifer C. Bills , AICP, LEED AP, Ho using Coordinator
ITEM SUMMARY:
The Low-Inc ome Hous ing Tax Credits are provid ed annual to the s tate from the Department of Treasury.
These credits are adminis tered lo cally by the Texas Department of Hous ing and Community Affairs
thro ugh a 9% Competitive proc es s and a 4% No n-c o mp etitive allo catio n proc es s . Attac hed is a d o cument
that p ro vides bas ic info rmation on the p ro gram and has links fo r additio nal res earc h.
The 9% Comp etitive p ro cess s tarts in Decemb er when TDHCA releases the Qualified Allo catio n Plan the
p ro vides the req uirements and s coring criteria fo r the annual p ro cess. There are two c riteria within the
QAP that requires an applic ant wis hing to develo p in Georgetown req uest s upport from City Counc il.
Twice the State Average per Capita of Tax Credit Units
The lo cal juris d ic tio n must pass a resolution allo wing the applic ation to be s ub mitted . In Texas, there is an
average of 0.0088 tax c red it units p er person. In Geo rgeto wn, we have 0.024 units p er person, which
means we have 2.77 times the average amount o f s tatewid e tax credit units . If the city d o es no t p as s the
res o lutio n, the applic ation c anno t b e sub mitted.
Resolution of Local Jurisdiction Support
This is a s coring c riteria fo r the p ro jects . A c ity has three optio ns:
S upport--17 points
No Objec tion--14 points
No S upport-- 0 points
The s coring c riteria d etermines whic h p ro jec ts will win the tax c red its, and o ften the d ifferenc e between a
winning and los ing ap p licatio n is 1 point.
2016 Competitive Housing Tax Credit Process
The s coring c riteria in the 2016 QAP led to c ond itions that greatly favo red lo c atio ns in Geo rgeto wn, s o the
city had five reques ts fo r projec t s upport (whic h is the most ever reques ted in one year).
P ro p o s e d D e ve l o p m e n t Typ e M a rke t A f f o rd a b l e A p p ro ve d B y
C C
Kaia Pointe A partm ents Fam ily 2 2 80 Yes
Merritt Heritage A partm ents Senior 1 22 122 Yes
Live O ak A partm ents Fam ily 0 108 Yes
C ypress C reek at Geo rgetown
V illage
Fam ily 6 6 154 N o
Mariposa at G eorgeto wn V illage Senior 5 4 126 N o
For the Regio n 7/Urban alloc ation, there were 15 P re-ap p licatio ns filed with T DHCA. The F ull Ap p lication
d ate was Marc h 1, 2016. Four (4) applic atio ns were filed , three of tho s e being the Geo rgeto wn projec ts
ap p ro ved b y C ity C o uncil.
Page 21 of 27
FINANCIAL IMPACT:
None.
SUBMITTED BY:
Jennifer C. Bills , Hous ing Co o rd inato r
ATTACHMENTS:
Description Type
Low-Income Hous ing Tax Credit program information Cover Memo
Page 22 of 27
Page 1 of 2
Low-Income Housing Tax Credit (LIHTC)
Program Summary
The Low-Income Housing Tax Credit Program (LIHTC) is funded through the U.S. Treasury Department
and is overseen by the Internal Revenue Service (IRS). The program was created under the Tax Reform
Act of 1986 that gives incentives for the utilization of private equity in the development of affordable
housing. The tax credits provide a dollar-for-dollar reduction of a taxpayer’s federal income tax, which is
more attractive than a tax deduction, which only provides a reduction in taxable income. Due to specific
rules in the tax code for individual use of tax credits, almost all investors in LIHTC projects are
corporations.
The program is administered at the state level by the Texas Department of Housing and Community
Affairs (TDHCA), which receives a fixed allocation of credits annual, based on the state population. The
state must prepare a Qualified Allocation Plan (QAP), which determines the process by which to review
applications and award credits. This allows each the state to set its own priorities and address specific
state housing goals. Credits are award under either the 9% Competitive Program or the 4% Program that
is available throughout the year. The 4% credits are funded through tax-exempt bonds.
In Texas, the state uses a Regional Allocation Formula (RAF) that allocates 9% credits for new
construction between 13 regions, with rural and urban subcategories. There is also a set-aside category
that existing at-risk affordable housing developments (Section 8, USDA, etc.) compete in separately.
The annual QAP is under review in the fall and the final QAP is published in mid-December. Complete
applications must be submitted by the end of February.
For the 4% credits, the Notice of Fund Availability is published in October, and eligible projects are
funded until the funds are expended.
Eligible Grantees
Private for-profit and nonprofit multifamily housing developers.
Two Times Rule
One of the regulations in the QAP under the Housing De-Concentration Factors requires applications for
projects in a jurisdiction with more than twice the state average per capita of tax credit units must
include a resolution of support from the elected body supporting the project and acknowledging the two
times status.
The City of Georgetown has created a review process for potential applicants
(http://housing.georgetown.org/housing-tax-credit-resolution-of-support/). The developer makes the
request to the Housing Advisory Board, which reviews the project and makes a recommendation to the
City Council for approval or denial of the project.
Eligible Renters
Low-income tenants can be charged a maximum rent of 30% of the maximum eligible income, which is
60% of the area's median income adjusted for household size as determined by HUD. There are no limits
on the rents that can be charged to tenants who are not low income but live in the same project.
Most projects have set-asides at the 60%, 50% and 30% thresholds. For 2015, the chart below shows the
maximum incomes for eligible tenants.
Page 23 of 27
Page 2 of 2
Existing LIHTC Properties in Georgetown
Name Address
total
Units
Low-income Housing
Tax Credits Units
Mariposa at Riverbend 121 River Bend Drive 201 200
Oaks at Georgetown 550 22nd Street 192 192
Cypress Creek 120 River Bend Drive 180 180
Gateway Northwest 1617 Northwest Blvd 180 177
San Gabriel Apartments 1100 Leander Road 136 136
Georgetown Place 805 Quail Valley Drive 176 106
San Gabriel Senior Village 2101 Railroad Street 100 100
Shady Oaks 501 Janis Drive 60 60
Northwest Apartments 1623 E. Northwest Blvd 24 24
Totals 1249 1175
*Georgetown Square Apartments was recently awarded 2015 Tax Credits for the renovation of the
existing apartments at 206 Royal Drive, pending final closing.
Websites for further research:
Texas Department of Housing and Community Affairs information:
http://www.tdhca.state.tx.us/multifamily/housing-tax-credits-9pct/index.htm
Office of the Comptroller of Currency, U.S. Department of Treasury
http://www.occ.gov/topics/community-affairs/publications/insights/insights-low-income-housing-tax-
credits.pdf
Novogradac Affordable Housing Resource Center
http://www.novoco.com/low_income_housing/index.php
1 2 3 4 5 6 7 8
60% Income
Limits 32,300 36,900 41,500 46,080 49,800 53,475 57,150 60,860
Very Low (50%)
Income Limits ($)26,900 30,750 34,600 38,400 41,500 44,550 47,650 50,700
Extremely Low
(30%) Income
Limits ($)
16,150 18,450 20,750 24,250 28,410 32,570 36,730 40,890
FY 2015 Income
Limit Area
Median
Income
FY 2015 Income
Limit Category
Persons in Family
Austin MSA $76,800
Page 24 of 27
City of Georgetown, Texas
Housing Advisory Board
March 17, 2016
SUBJECT:
Disc ussion and p o s s ib le ac tion on the works ho p item on affordable hous ing at City Counc il Works hop on
April 12, 2016.--Jennifer C. Bills, AICP, LEED AP, Hous ing Co o rd inato r
ITEM SUMMARY:
On Dec emb er 8th, 2015, the Hous ing Advis ory Board chair made a presentation to City Co uncil req uesting
the approval o f funds (up to $195,000) to hire c ons ultants to c o nduct public educatio n and res earch on
affo rd ab le hous ing need s . This info rmation would be used by the b o ard to fo rmulate a s trategic plan and
recommend future hous ing programs . City Counc il did not approve the reques t b ut wanted to have a
future d is cus s ion on the d irectio n fo r affordab le ho us ing p o licy.
At the works ho p on April 12, 2016, s taff and the b o ard will be ab le to addres s C o uncil to req uest direc tio n
to s teer the bo ard s future efforts .
Attac hed is a doc ument "Hous ing Advis o ry Board Foc us and Direc tion for 2016." Staff has drafted this
work plan that would employ a cons ultant to explore hous ing programs that are in us e around the c o untry
and p ro vide a feas ib ility analysis fo r Georgeto wn.
Independ ent o f the cons ultant, the board, with the as s istanc e of s taff, will hold a s eries o f pub lic meetings ,
targeting new hous eholds (millennials ), workforc e ho us eho ld s and senio r hous eholds .
With the results of the ho using p ro gram feas ibility and p ublic inp ut, the board will then be ab le to move
fo rward with a 2030 P lan Hous ing Element update in 2017/18.
FINANCIAL IMPACT:
None.
SUBMITTED BY:
Jennifer C. Bills , Hous ing Co o rd inato r
ATTACHMENTS:
Description Type
Propos ed HAB focus and direction Cover Memo
Page 25 of 27
Housing Advisory Board Focus and Direction for 2016
The Housing Element of the Comprehensive Plan was adopted in 2012. Comprehensive Plan
elements are scheduled for review every five years and the housing supply and demand
projections within the plan go through 2017, so the demographic analysis will need to be
updated. The official review will begin in 2017/18, but in preparation, the Housing Advisory
Board can focus on two key areas that will provide more information for inclusion into the
Housing Element update.
Explore the feasibility new Housing Programs (estimated cost: $35,000-$50,000)
The Housing Advisory Board has reviewed, at a broad level, different housing programs that
the city could implement to expand the supply of affordable housing and maintain that supply
over the long-term.
Examples of potential programs include:
• Housing Trust Fund
• Community Land Trust
• Impact fee waivers/reductions
• Local Bond Issue
• Policies for inclusion of affordable housing for special developments requiring city
approval (I.e. MUDs, PIDs, PUDs, TIRZ)
With the help of a consultant, the board can examine the feasibility of various programs,
providing the city with an analysis of the fiscal impact to the city, possible funding sources, and
examine any conflicts with state and federal regulations.
Gather input from Georgetown residents (estimated cost: $5,000)
Board members feel that surveying and gathering input from current residents of Georgetown
was lacking in the original plan. Over the next year, board members, along with staff, can hold
a series of public meetings in different forums to gain more insight into housing needs. The
focus will be on three areas that have specific housing concerns, new households (millennials),
workforce households, and senior households.
• Hold four(4) public meetings within various neighborhoods.
o To encourage broad participation, childcare and dinner will be provided.
Additionally, other departments, such as Code Enforcement and Fire Services,
will make presentations on neighborhood safety. In the discussion, residents
will be able to voice their concerns and provide feedback to the board on housing
and neighborhood needs.
• Meet with service providers (Caring Place, Habitat for Humanity, Georgetown Project)
o The board will meet with the organizations that are already serving workforce
and senior households. They can provide feedback from their perspective and
discuss collaborating with the board to hold public forums at their events or
have a board member available on a weekly basis to talk to customers.
Page 26 of 27
City of Georgetown, Texas
Housing Advisory Board
March 17, 2016
SUBJECT:
Invitatio n to meet with Avenue Community Development Corporatio n (CDC ) in Ho us to n o n March 28,
2016.--Richard Glas co, Board Chair
ITEM SUMMARY:
http://avenuec d c .o rg
FINANCIAL IMPACT:
None.
SUBMITTED BY:
Page 27 of 27