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HomeMy WebLinkAbout851103.tiff RESOLUTION RE: APPROVAL OF APPLICATION TO BE SUBMITTED TO THE COLORADO DIVISION OF HOUSING FOR RENTAL REHABILITATION PROGRAM AND AUTHORIZATION FOR CHAIRMAN TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with an application to be submitted to the Colorado Division of Housing for the Rental Rehabilitation Program for the towns of Evans, La Salle and Garden City, and WHEREAS, after review, the Board deems it advisable to approve said application. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the application to be submitted to the Colorado Division of Housing for the Rental Rehabilitation Program for the towns of Evans, La Salle and Garden City be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said application. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 3rd day of April, A.D. , 1985 . BOARD OF COUNTY COMMISSIONERS ATTEST WELD COUNTY, COLORADO Weld County Clerk and Recorder and Clerk to the Board \ •que ne Joh y n, Chairman /Th, ene R. Bran ner, Pro-Tem Deputy County Cl k EXCUSED DATE OF SIGNING - AYE APPROVED AS TO FORM: C.W. Kirby EXCUSED DATE OF SIGNING - AYE Gordo� E., La��//yam > A� County Attorney "nth?th �h�-1ly d11 rank Yamahi r,,. ` 851103 . I (/. f COLORADO DIVISION OF HOUSING Rental Rehabilitation Program PLEASE SUBMIT ORIGINAL AND THREE COPIES OF PROPOSAL Part I: Identification 1 . Name of city or county requesting funding: Weld County 2. Amount of funding requested: $ 125.000. 3. Number of Section 8 Vouchers requested: 25 4, Chief elected official : Name: Jacqueline Johnson Title: Chairman Address: P.O. Box 758 Greeley, 80632 Phone #: 356-4000 ext 4200 street city Zip 5. Name of lead agency: Weld County Housing Authority a. Director of lead agency: Name: James Sheehan Title: Executive Director Address: P.O. Box A Greeley 80632 Phone #: 352-1551 ext.227 street city zip b. Designated contact person: Name: Samesaa above. Title: _ ^ i::: D__=:;c:/s- Address: -_, __ __ . '.`_ Phone #: .- ,, ert street city zip 6. Name of Public Housing Agency: Weld County Housing Authority a. Director of PHA: Name: James Sheehan Title: Exxecutive Director Address: P.O. Box A Greeley 80632 Phone #: 352-1551 ext 227 street city zip b. Designated contact person: Name: Same AA Above Title: Address: Phone #: street city zip Y Colorado Division of Housing Rental Rehabilitation Program Request for Funding: Page 2 Part II: Management Capability 1 . LEAD AGENCY: A. What experience has the staff had in managing federal , state, and/or local low- and moderate-income housing programs? Please list specific programs, including dates and funding amounts. James Sheehan-- Section 8 Existing -- 332 units $717,000. 1975-1978 James Sheehan-- Section 8 Existing -- 98 units 301 ,000. 1981-1985 James Sheehan-- CDBG/Housing Rehab -- 22 units 288,000. 1983-1985 Paul Halloran— CDBG/Housing Rehab -- Project Mgr. for above from Paul Halloran-- State Division of Housi2 84 to completion. Housing Rehab. 6units 60,000. 1/85 toprese] B. List names, titles and pertinent experience of persons who will have responsibility for managing the program if funding is awarded. Replace existing titles if an alternative management team is planned. If unknown, list job qualifications of the person(s) to be recruited for the position(s): a. Program Manager (responsible for overall administration of the program). Include reporting relationship to chief elected official : James Sheehan-- Executive Director Experience includes administration of Section 8 Existing Programs. Experience in administrating CDBG projects. b. Project Coordinator (responsible for handling day-to-day program responsibilities): Paul Halloran-- Community Development Director Experience in administrating CDBG Housing Rehab projects. Experience in administrating water & sewer projects and other non-housing programs. c. Rehabilitation Specialist (responsible for overseeing construction phase of the program): Paul Halloran- Community Development Director Experience in conducting inspections and completing work- write-ups. d. Fiscal administrator/coordinator (responsible for financial administration of the program): The Executive Director will have the responsibility for the approval of all funds. The program will coordinate all fiscal and accounting functions through the weld County finance system. C. Delineate source(s) of administrative monies that will be used for management of the program: Since the Weld County Housing Authority will assume responsibility for both the rehabilitation and the administration of the housing vouchers, all administrative funds will be provided from Housing Authority administrative monies. Sources`o£ .Housing_Authority funds include Section 8 Administrative fees and Community Development Block Grant administrative funds. Colorado Division of Housing Rental Rehabilitation Program Request for Funding: Page 3 2. PUBLIC HOUSING AGENCY: A. What experience has the PHA had in administering Section 8 existing housing certificates? Three years experience in administering a 98 unit program through the Housing Authority. Number of Certificates currently administered by the PHA: 98 Number of people currently on the PHA Waiting List: 20 1 BDR 42 2 BDR 24 3 BDR NA 4+ BDRNo units B. List names, titles and pertinent experience of the following persons who will have responsibility for administering the Section 8 portion of the program. Replace existing titles if an alternative management team is planned. If unknown, list job qualifications of the person(s) to be recruited for the position(s): a. PHA Director (responsible for overall administration of the Section 8 portion of the program): James Sheehan: Executive Director b. Section 8 Coordinator: (responsible for handling the day-to-day program responsibilities): Inez Rangel: Housing Technician 3. ATTACH A LETTER OF COOPERATION between the city and the Public Housing Agency. The Weld County Housing Authority will have the responsibility for the administration of both the program rehabilitation and the administration of the housing vouchers. 4. The local financial institution selected to disburse payments under the Cash Management and Information System must be a member of the F.D. I.C. and have electronic transfer capacity. Identify the name and address of the depository selected to receive the funds: Name of institution: IntraWest Bank og Greeley Address: p 0 Bcr 105B Greeley 80632 street city zip Y Colorado Division of Housing Rental Reha'Wiiitation Program Request for Funding: Page 4 Pvt III : Ueighborhood Profile ATTACH the Neighborhood Profile from the Division's Neighborhood Analysis Guide. Attach one Neighborhood Profile for each neighborhood targetted. If the neighborhood alas not been selected, attach a narrative describing the procedures or methods which the applicant intends to use in selecting a target neighborhood or neighborhoods. Refer to the Divison's Rental Rehabilitation Program Design, page 4. *see attachments A Part IV: Project Description. ATTACH a narrative describing what procedures and standards the applicant will use in selecting projects (i.e. , individual buildings). Refer to the Division's Rental Rehabilitation Program Design, page 6 and 7. *see attachment B Part V: Lower Income Benefit ATTACH a narrative explaining how the applicant intends to fulfill the lower income benefit requirements of the program (section 511 .10). Refer to the Division's Rental Rehabilitation Program Design, page 5. *see attachment C Part VI : Financial Design The Division will accept the following financing techniques for use in the Rental Rehabilitation Program: A. Deferred Payment Loan with Forgiveness (essentially, a grant) B. Deferred Payment Loan with specific terms and conditions for repayment C. Below Market Interest Rate Loan. 1 . Indicate which financing technique(s) may be used. If B or C are selected, indicate the terms, conditions, and interest rates being considered. Also indicate the applicant's plan for use of interest generated from the loans. ***** The Program will enlist the Deferred Payment Loan with Forgiveness approach as a means of providing funds to property owners.whe are approved. Colorado Division of Housing Rental Rehabilitation Program Request for Funding: Page 5 2. List names and addresses of lenders who have indicated a willingness to participate in the program. Note if any firm commitments have been received. If lenders have not been identified, describe how the program will be marketed to lenders. United Bank of Greeley has expressed an interest in the program. No firm commitment has been received to date. Part VII: Implementation Schedule The Division's Program Design requires that the State have 35% of its funds committed by December 31 , 1985 and 100% of its funds committed by May 31 , 1986. To assure that the Division meets its obligation to HUD, local governments will be required to have 35% of its funds committed by December 31 , 1985, 70% of its funds committed by March 31 , 1986 and 100% of its funds committed by May 31 , 1986. Contracts will be written for a two-year period specifying that 100% of program funds will be expended during that two-year period unless the sub-recipient petitions the State for extension of the contract and that extension is approved thirty (30) days prior to the date the contract was scheduled to terminate, *see attachment D Part VIII : Tenant Assistance Policy Cities/counties must adopt the Division's Tenant Assistance Policy, amending the Policy as needed to account for local directives, policies, or concerns. The amended Tenant Assistance Policy must be adopted within thirty (30) days of the execution of the subrecipient' s contract with the Division of Housing. *see attachment E Part IX: Affirmative Marketing ATTACH a narrative describing the methods and procedures that will be used to ensure the affirmative marketing of rehabilitated units, plans for assessing the owner's affirmative marketing efforts, and the corrective actions that will be taken if an owner fails to follow affirmative marketing procedures. Refer to the Division's Rental Rehabilitation Program Design, pages 9 and 10. v *see attachment F • • COLORADO DIVISION OF HOUSING Rental Rehabilitation Program Neighborhood Profile General Information 1 . Briefly describe project boundaries: Garden City is a very small community consisting of approxiamately eight blocks. It is bordered by the City of Greeley to the North and East, the City of Evans to the South, and the Town of Rosedale to the West. The main traffic arterials are 3th Avenue, which runs North-South, and Highway 85 which rpns North-South and directly . through Garden City. • 2. Briefly describe this neighborhood' s lifestyle and . economic condition as it relates to the city as a whole: Garden City was a community of only °.5 people ds of the 1980 census. The area is inhabited by a low-income and usually elderly type of person. Residential neighborhoods are homogeneous • with each other, consisting mainly of older single family homes. The city's income is generated solely by the sales tax from various liquor stores, taverns, restaurants, motels, furniture stores, etc. 3. Describe features that make this neighborhood attractive to low-income renters (i.e. , city transportation, proximity to schools, employment opportunities, etc. ) : Because of Garden City's proximity to the City of Greeley, city transportation, schools, employment opportunities, etc. , are all easily accessable for lower-income renters. The type of housing in the area keeps rents low and easily affordable for low-income persons. . 4. Are there low-income housing developments in the neighborhood? Type No. of Units Public Housing o Scattered Site - �- Section 202 . . Section 8 new construction -0- substantial/moderate rehab _g- existing 777r— other (specify) -0- -0- 5. Why is the neighborhood expected to remain at or below 80% of median income for the next five years?: Garden City is a community experiencing non-growth. Because of -the city -s size, economic base, and general life- style, it is v!r£ually' cerfainn- hat-Income will not exceed 80% of the median during the next five years. 6. What is the attitude of local government and the public toward lower-income rental housing rehabilitation: Give examples: An Intergovernmental Agreement has been signed by both Garden City and Weld County. Each has pledged to cooperate during the design and implementation phases of the Rental Rehabilitation Project. (copy enclosed) Through our marketing efforts we hope to create a positive attitude in the community at large. 7. Does the city offer incentives/to developers and/or small investors (i.e. , tax abatements or public infrastructure improvement grants)? Describe. Garden City does not actively recruit developer/investor interest with incentives such as tax abatements or public infrastructure improvement grants. • Colorado Division of Housing Neighborhood Profile October 1 , 1984 Page 2 Socio-Economic Profile 1 . Median Income NSA $ 9,688 li 2. Family Income of neighborhood a. less than $5,000 23% ---4 b. between $5,000_and $7,499 —5% . 1 c. between $'7.,500_and $9.999 23% 4- d. between Sio,000 and $. 12,499 - --- -__ — e. between $ 12,500and $14,499 23% 4 f. between_g 15,000and $17,499 9. between $ .17,500 and $19,999 23% 4 above $S20 000 , 3. Historll'cay, average income in this above neighborhood has been above, about. the same, or below the city's average. 4. Average age of total persons # % I % a. 20-29 years ' 31 30% ' f. 62 years and over 12--11% b. 30-34_years 5 4% C. 35-44 years 10 9% d. 45-54 years 1 .009% e. 55-62 years 6 5% 5. Average family size z 76 persons 6. Ethnicity (% of total ) a. Black % b.. White 82 % . c. Hispanic 18 d.• Other . • 7. Number of Section 8 existing: certificates currently used in the neighborhood. a. 1 bedroom —0— b. 2 bedroom • --�- c. 3 bedroom --p- d. 4+bedroom Z- Rental Market Profile TOTAL HOUSING UNITS 1 . Total number of units . ' Year Number % Change 1/ RENTAL UNITS / % CHANGE' .. 1960 -__ 1970 1980 34 / -.21% 1980 sa --Qs% 2. Housing stock composition 1960 1970 1980 a. Owner-occupied --- 13 5 b. Renter-occupied 43 34 3. Number of rental structures by type a. single-family detached P 28 b. duplexes • -1-- c. four-plexes -1-- d. apartment buildings (1-11 units) e. apartment buildings (12+ units) f. other (describe) . TWO CABIN BUILDING 1 APARTMENT ABOVE BUSINESS 1 MOBILE HOMES__ . -2- MOTEL COMPLEX (MULTIPLE UNITS -I- • Colorado Divison of Housing Neighborhood Profile October 1 , 1984 Page 3 4. Housing Quality 1960 1970 1980 • a. Number of Excellent --- 2 b. Number of Good —'— • c. Number of Fair 16 d. Number of Poor 3 5. Percentage of buildings more than 60 % 40 years old. • *****figures for numbers 4 & 5 are estimates from a windshield survey. 6; Number of buildings currently with rehabilitation permits a. conventional b. assisted 7. Percentage of low-income renters to total number of renters.. a. low-income renters with incomes below 50% of median b. low-income renters with incomes.. below 80% of median * see appendix A 8. Average tenure of low-income renters. a. 1-6 months . b. 7-12 months —% c: 1-2 years d. 2-5 years • e. 5+ years * see ap pendixes P,,C,D,&E• % 9. Vacancy Rate Citywide Neighborhood • 1970: 1980: * see appendix F &• G 1984: 4. Rent levels (standard units) "Street" Section 8 Rents FMR a. 1 bedroom $300- b. 2 bedroom also17s c. 3 bedroom . $175-223 $349 • d. 4 bedroom • $250-300 $426 5. In the past five years, have there been either dramatic increases or Y S decreases in "street" rents? 0 . If yes, explain: • 6. - Are you aware of any factors that could influence rent levels in the YES neighborhood (i.e. , new shopping center, 4D . change of street from one-way to two-way, early indications of middle income interest, etc. ) • : 4 • Colorado Divison of Housing Neighborhood Profile • October 1 , 1984 Page 4 • Investment Profile 1. Number of residential buildings offered ' for sale last year. 18 % 2. Number of residential buildings sold in the last year: 11 4. 3.' Of buildings sold, were sales prices much above generally much above, at, or much below at the asking price. much below 4: Type of investor a. local "Mom-Pop" owners • 95% b. . local small investors % c. partnerships 0- d: syndicates �= e. out-of-town .owners/investors -o- f. out-of-state owners/investors. 5. Public Investment Activity (1970-1980) • a. Sidewalks $ b. Paving (resurfaced 1983) $ 55,000 c. Sewer and Water (water system-1921-1982) $142 000 d. Single-family Rehabilitation $ e. Multi-family Rehabilitation $ ._- f. Other (specify) • ourcahse of town hall $. and land $ 55.000 • • • • • • yY • • • • • APPENDIXES A) SPECIFIED RENTER-OCCUPIED HOUSING UNITS BY HOT:SE'?OT,D INCOMP. IN 1979 3Y CROSS RENT AS PERCENTAGE' QF INC0'tE_____. _�____ LESS THAN $5,000= LESS THAN 20 PERCENT 2_'1-24 PERCENT 25-.34 PERCENT 35 PERCENT OR MORE 9 NOT COMPUTED (31) 2 $5,000 to $9,999= LESS THAN 20 PERCENT 20-24 PLRCEtT1r" 2 25-J4-PERCENT 5 35 PERCENT OR MORENOT COMPUTED (31) $10,000 to 14,999= LESS THAN 20 PERCENT 8 20-24 PERCENT 25_.34 PERCENT- 35 PERCENT OR MORE -_ NOT COMPUTED (31) $15,000 to 19,999= LESS THAN 20 PERCENT 4 20-24 PERCENT 3 25_34 PERCENT' -35-PERCENT OR MORE -_ NOT COMPUTED (31) $20,000 OR MORE=. LESS THAN 20 PERCENT _- 20-24 PERCENT 25-. 35 PERCENT OR MORE NOT COMPUTED 31 B) OCCUPIED HOUSING UNITS BY TENURE TOTAL 46 RENTER OCCUPIED 41 C) OCCUPIED HOUSING UNITS BY TENURE EY RACE AND SPANISH ORIGIN - OF HOUSEHOLDER TOTAL RENTER OCCUPIED WHITE 37 BLACK AMERICAN INDIAN, ESKIMO, & ALEUT ASIAN AND PACIFIC • ISLANDER OTFIER' 7 _-- SPANISH ORIGIN 14 14 D) PERSONS IN OCCUPIED UNITS BY TENURE TOTAL 99 RENTER OCCUPIED 93 APPENDIXES (cont.) E) PERSONS IN OCCUPIED HOUSING UNITS BY TENURE BY UNITS IN STRUCTURE TOTAL RENTER OCCUPIED 1 DETACHED 46 40 1 ATTACHED 5 5 2 3 3or4 16 16 5 or more 23 23 MOBILE HOME OR TRAILER 6 6 F) VACANT HOUSING UNITS BY VACANCY STATUS FOR SALE ONLY FOR RENT 15 HELD FOR OCCASIONAL USE ---- OTHER VACANTS --__ G) SPECIFIED RENTER-OCCUPIED PAYING CASH RENT AND VACANCY-FOR-KENT HOUSING UNITS BY OCCUPANCY STATUS RENTER OCCUPIED 39 MEAN CONTRACT RENT $171 VACANT FOR RENT 15 MEAN RENT ASKED $225 *****ALL DATA TAKEN FROM CENSUS OF POPULATION AND HOUSING, 1980--SUMMARY TAPE FILE 3A *****Talked to postal worker who works the Garden City Route. According to him there are only two vacancies in the area; 614 27th Street Road, and 604 27th Street Road. Y I i' I Z• 4 S .. o s i I ; t ° = "e u () i1i 1, • O I Z V f 2 W U •' C v VI A W VI ar I ' �, .. ylA .Vf. ___-_.... _ __..... 1 t I i. ......► I '' '4 1 i • c..) j • \ Z i j + e Er Ill —1] C) 4191' .A ....••••• _ r` � p kVl' � � _ ' --------".------\1: ir-[,,------- If I ! --\ i i • i I • I I • • � � til i t'l ! ' .. i , i 1f _.. . I I i . I 1-4 • I ll i I jl-lief. I. 11 i ___ i ,q1 I Ili i f , I i ; ; . I 1 ' Ave I - i \ \ \\»^L\\\\I N UTA:\l\W.N1\11 v.�1�\���y1y�1w» \\� \\ [ r 1 Y;� 1 Y W i �1 1 1 i I J J : _ ! , �_�_ �_ i ._ ; o L_.._._1 _ _ l I )\ ti • 1 + I ii! +,, .I ..., i... r • / I , I i• I '--T rl. I i '1 r a.I A.1 t i . I• • 1 re 1 i 1 • .i. I i :1 r U RESOLUTION A-1985 INTERGOVERNMENTAL AGREEMENT THIS,ACtEEMENT, entered into this day of , .1985, by and 1985 Jtrai c. between the BOARD OF COMMISSIONERS OF WELD COUNTY, COLORADO, a body politic of the State of Colorado, hereinafter called "the County" and the Town of , a body politic hereinafter' called "the City". WITNESSETH: WHEREAS, pursuant to the Housing and Urban-Rural Recovery Act of 1983 hereinafter called "the Act", the United States, acting by and through the Secretary of the Department of Housing and Urban Development, hereinafter called "HUD" has made available to the State of Colorado certain funds available from the Rental Rehabilitation Program of the ACT; and WHEREAS, the State of Colorado, through the Department of Local Affairs has the legal authority to provide funds to counties.: for rental rehabilitation activities; and WHEREAS, the City has expressed interest in allowing the program to operate within its jurisdiction; and WHEREAS, the County has indicated a willingness to submit a program proposal to the State to carry out the HUD Rental Rehabilitation; and WHEREAS, the parties hereto desire to provide assurances and delineate the areas of cooperation between the County and the City with respect to Rental Rehabilitation activities; NOW, THEREFORE, in furtherance of said Resolution, and in consider- ation of the mutual conditions, covenants and agreements herein contained, it is agreed by and between the parties as follows: 1. Planning the Rental Rehabilitation Program. The parties, through their executives and staff, shall cooperate with each other in developing the rental rehabilitation proposal, with all parties giving due consider- ation to the needs of its citizens and goals, objectives, rules and regu- lations of the Act. 2. Term of Agreement. This agreement shall remain in full force and effect until the program proposal is approved by the State and a contract 4 executed by all parties. 3. Authorization to submit a proposal. The County is authorized to submit a proposal to the State on behalf of the City to apply for funds under the HUD Rental Rehabilitation Program and to act on behalf of the City with regard to any subsequent negotiations, presentations or informa- tion in conjunction with the grant application. 4. The City shall have no obligations or responsibilities, financial or otherwise, concerning the administration of the Rental Rehabilitation Program and the County agrees to indemnify the City from any and all liability, loss or damage the City may suffer in connection with the administration of the project upon approval of the proposal. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals on the day and year above written. Board of County Commissioners Weld County, Colorado SEAL Attest: By: Weld County Clerk and Recorder Chairman and Clerk to the Board ��U Deputy County Clerk � y of Garden Ci�-y Attest: C711),1- Clerk own Mayor JMf.1C`�...rr...�+... cr PM ! m .. k' 3 JAY � \�9U5 '. ' . �\ �->. . � j�,_ Weld County Housing Authority �_ P.O.Box A • 0 Greeley, Colorado mt �l�• e 80632 o N �O ; • o f� u °p e 1 c Attention;Jim Sheehan 4 vreeiey,wiui duuouwI Telephone:(303)356-1c United Bank of Greeley 1985 AAA 2G March 18, 1985 Weld County Housing Authority P.O. Box A Greeley, CO 80632 Attn: Scott Wiegardt Dear Mr. Wiegardt: The following information has been provided in response to your letter dated March 4 requesting information on the housing market in Evans, Garden City and LaSalle. We do not show any loans in the last year for Garden City or LaSalle but show two loans in the Evans area. Both of these loans were first mortgages on personal residences. I do not have any information on the sales or rental markets in these three areas, however, I feel that all three areas are favorable for market absorption. If you have any questions or if I can be of further assistance, please contact me. Sincerely(,,L-4K.J. Hyatt Assistant Vice President KJH:kam 4 COLORADO DIVISION OF HOUSING Rental Rehabilitation Program Neighborhood Profile General Information 1 . Briefly describe project boundaries: According to 1960 Census figures, 1,929 . persons live in the Town of La Salle. La Salle sits just to the South of the South Platte River. The City of Greeley lies approxiamately two miles to tue North. La Salle expands approxiamately one half mile on each side of Highway 85. The main traffic arterials are highway 85, which runs North- South, and 1st Avenue and Main Street which run East-West. 2. Briefly describe this neighborhood' s lifestyle and economic condition as it relates to the city as a whole: in 1960, 847, of families in La Salle, had incomes above 12,5004 A year. Neighborhoods are generally homogeneous throughout the town with no real "high or low" rent districts. La Salle is home to small industry and manufacturing, along with various restaurants, liquor stores and convienence stores. No single industry or business controls the towns economy. 3. Describe features that make this neighborhood attractive to low-income renters (i.e. , city transportation, proximity to schools, employment opportunities, etc. ) : Although La Salle is a smaller community, schools and some employment opportunities are available. La Salle is also within a few minutes of the City of Greeley, wnere goods, services, schools, city transportation, and a number of other employment opportunities are readily available. 4. Are there low-income housing developments in the neighborhood? Type No. of Units Public Housing -0- Scattered Site -u- Section 202 -u- Section 8 • new construction -0- substantial/moderate rehab existing -7— other (specify) -0- -u- 5. Why is the neighborhood expected to remain at or below 80% of median income for the next five years?: ._. Over the next five years the community of La Sarle will centihue to row',--but—trecause the area is largely residential, and because the area is removed from any major business or industrial development, incoL:e can be expected to remain below 80% of median for the next five years. 6. What is the attitude of local government and the public toward . lower-income rental housing rehabilitation: Give examples: An intergovernmental Agreement has been signed by both the Town of La Salle and Weld County. Each has pledged to cooperate during the design and implementation of the Rental Rehabilitation Project. (copy enclosed) Through our marketing of the Rental Rehabilitation Project, we hope to create a positive attitude through- out the community. 7. Does the city offer incentives/to developers and/or small investors (i.e. , tax abatements or public infrastructure improvement grants)? Describe. La Salle promotes and markets itself as an attractive place for industry and small manufacturing, but does not offer incentives such as tax abatements or public infrastructure improvement grants. Colorado Division of Housing Neighborhood Profile October 1 , 1984 Page 2 Socio-Economic Profile . 1 . Median Income MSA $ 19,848 2. Family Income of neighborhood If a. less than $5,000 12 2 % b. between X5,0.00 _and ' $7,499 11 '% c. between $7,500 and $9.999 15 —3 % d. between $10,000 and_$12,499 48 9 % e. between $12,500 and 14,999 56 11 % f. between_$15,000 and S17,499 $I 15 % g. between $17,500 and $19,999 41 7 % h. over 20,000 259 49 % 3. Historically, average income in this a•.ve neighborhood has been above, about C the same, or below the city's average. be ow 4. Average age of a. 20-29 years 347 1S% f. over 62 years 150 7% b. 30-34-Years - 195 10% C. 35-44 years 251 13% d. 45-54 years 135 7% e. 55-61 years • 96 5% _ 5. . Average family size 3.2 persons 6. Ethnicity (% of total ) a. Black • c. White i 91 % c. Hispanic _ % d. Other • ____ % 7. Number of Section 8 existing certificates currently used in the neighborhood. a. 1 bedroom _0_ b. 2 bedroom • --6--- c. 3 bedroom 1 d. 4+ bedroom =Trr— Rental Market Profile TOTAL HOUSING UNITS 1 . Total number of units Year Number % Change RENTAL UNITS 1960 330 1960 102 1970 TT1 24% 1970 130 27% ' — 1980 6/2 ` 63% 1980 122 -.06% - ,._.. _ 2. Housing stock composition 1960 1970 1980 a. Owner-occupied b. Renter-occupied 216 259 521 In, 130 122 3. Number of rental structures by type. a. single-family detached tu b. duplexes • ,. — c. four-plexes d. apartment buildings (1=11 units) -o1 e. apartment buildings (12+ units). — f. other (describe) -°_ 3-plex 1 5-plex 1 6-plex . -1 Basement Apartments ' -6 — Trailer Homes 1 Rooms _ 1 Townhouses 2- • Colorado Divison of Housing Neighborhood Profile October 1 , 1984 Page 3 4. Housing Quality 1960 1970 1980 a. Number of sound 293 361 591 . b. Number of Deteorating 35 41 c. Number of__Delapidated 2 2 4 • 5. Percentage of buildings more than 40 years old. 6. Number of buildings currently with rehabilitation permits a. conventional 3 b. assisted _0- 7. Percentage of low-income renters to total number of renters./ a. low-income renters with incomes. below 50% of median b. low-income renters with incomes.. below 80% of median *see appendix A 8. Average tenure of low-income renters. a. 1-6 months b. 7-12 months c. 1-2 years —% d. 2-5 years • e. 5+ years *see appendixes B,C,D,&E % 9. Vacancy Rate Citywide Neighborhood 19/0: 1980: 1984: *see appendix F&G, 4. Rent levels (standard units) "Street" Section 8 Rents FMR a. 1 bedroom 017u-425(1 - 430u b. 2 bedroom 4225-4350 4349- c. 3 bedroom 4275-4395 4426 d. 4 bedroom 5. In the past five years, have there been either dramatic increases or S decreases in ."street" rents? - NO If yes, explain: , • • 6. • Are you aware of any factors than could influence rent levels in the y neighborhood (i.e. , new shopping center, NO change of street from one-way to two-way, early indications of middle income interest, etc. ) Colorado Davison of Housing Neighborhood Profile October 1, 1984. Page 4 Investment Profile 1 . Number of residential buildings offered for sale last year. , 2. Number of residential buildings 44 sold in the last year. 3. Of buildings sold, were sales prices much above generally much above, at, or much below at the asking price. much below 4. Type of investor a. local "Mom-Pop" owners 85 b. local small investors 2 c. partnerships 1 d. syndicates -e- e. out-of-town owners/investors ._1 f. out-of-state owners/investors -o- 5. Public Investment Activity (1970-1980) a. Sidewalks (repair and maintainance of sidewalks & $ -u- b. Paving streets costs about 10,000-15,000 per year.) $ c. Sewer and Water (1972) 260,000 d. Single-family Rehabilitation $ -o- e. Multi-family Rehabilitation $ -u- f. Other (specify) $ -0- $ —U— d `y APPENDIXES A) SPECIFIED RENTER-OCCUPIED HOUSING UNITS BY HOUSEHOLD I1COMiE? IN 1979 BY GROSS RENT AS PERCENTAGE OF INCOME LESS THAN $5,000= T.RSS 'MAN 20 LERCENT --- 21-24 PEN,,ENT --- 7 4.34 PB ,QNT -- - 8 35 PERCENT OR MORE 2b NOT COMPUTED (31) --- $5,000 to $9,999= LESS THAN 20 PERCENT 5 20-24 PERCENT 25-14-PERCENT 7 15 pERcENT OR MORE 14 NOT COMPUTED (31) "-- $10,000 to 14,999= TYCO TPAN 20 PERCENT -'- 2( .9L. PFRr''NT 5 ,s_44 PERCENT 10 a 5 D17RcEN7 op MORE 10 NOT COMPUTED (31) --- $15,000 to 19,999= TPCC T7IAT? 10 PER(77mT 12 DrprPMT --- 95-•34 PE$C4NT -•- 5--PRRC_FNT nR MORE "-- NOT COMPUTED (31)_ 5 $20,600 ORR.MQ1 .. _ T.FCS THAN Jfl ley.T ,DTT 25 PRRf'A:NT --- 2S- 34 PERCENT --- 15 PFRrRNT nR MnRP --- NOT COMPUTED (31) B) OCCUPIED HOUSING UNITS BY TENURE TOTAL 642 RENTER OCCUPIED 131 C) OCCUPIED HOUSING UNITS BY TENURE BY RACE AND SPANISH ORIGIN OF HOUSEHOLDER TOTAL RENTER OCCUPIED WHITE 572 97 BLACK ---- AMERICAN INDIAN, ESKIMO, & ALEUT ---- ASIAN AND PACIFIC ISLANDER ---- OTHER 7U 34 SPANISH ORIGIN 114 41, D) PERSONS IN OCCUPIED UNITS BY TENURE TOTAL 1913 RENTER OCCUPIED 334 APPENDIXES (cont.) E) PERSONS IN OCCUPIED HOUSING UNITS BY TENURE BY UNITS IN STRUCTURE TOTAL RENTER OCCUPIED 1 DETACHED 1926 213 1 ATTACHED 22 _-- 2 18 15 3 or 4 108 71 5 or more 33 29 MOBILE HOME OR TRAILER 6 6 F) VACANT HOUSING UNITS BY VACANCY STATUS FOR SALE ONLY -- --- FOR RENT 7 HELD FOR OCCASIONAL USE 7 OTHER VACANTS 6 G) SPECIFIED RENTER-OGLUPTED PAYING CASH KNNI' AND VACANT-Fu.:AENT HOUSING UNITS BY OCCUPANCY STATUS RENTER OCCUPIED 122 MEAN CONTRACT RENT 4175 VACANT FOR RENT 7 MEr.N RENT ASKED $195 *****ALL DATA TAKEN FROM CENSUS OF POPULATION AND HOUSING, 1980--SUW6LARY TAPE FILE 3A Y e • .. ;I / r ,♦Y \ - -_-e 'y 4, n\ '4 1 di I�1 .1l. ♦♦,�° `b�' • ,� ,b ice\ Ilk o 0. • !.% •1 -...• ///AII� `�� 4 • 4 //III „ 0 4) ♦....4 V !q'�• ♦4 R• , VV p 0, J ., .0✓ Oi y O . II C., Y/ ♦° Of+� •y`fiw y+\! •YYy fy^ '/ .tt' 8 , I 4.3 ' O`V yS 4 ,y • . /Ill •„ ar , '/,'..'J• -re f0 ,Y,. se ,,♦y 4 S ` • ../ ::; : t, °°/ ,•'dJ°°Ye' y`,.^A\ ',/Ya' yU b,. 'b'b a! . A + Vii / a♦ e b/i�.�, a ,'�fr Y° y4•9..±,I. 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"Y y r 1 YN �A)w.0" 1"' � _ I- p ..u . 7.- �yI WOO NCI. 1. 1T 1(I:` ' • b.,.yN "'frr ' � --_ ,o a_?= pr: 'I^ ' arr" "I. .t. . a ~�II`I �/- �� yy y TAT-OR AVE) "t.T1011 AVE MI V'O e\ :a CfT ORIVC I ,e1 C�J�J"' yn L4SIF�. i 331 w,Y is` so E / ," I�� nN , ur11tn a ”1 ,- t it:'S y J' q ) J f ti = aiaxx al A /� %. _ -��.—_-_•='> 4.,1-rte_-_:.:_ we" ..,('j COUNTY VINO)Y /77 . • • • • TOWN OF LASALLE, COLORADO • Y INTERGOVERNMENTAL AGREEMENT THIS AGREEMENT, entered into this day of ,1985, by and between the BOARD OF COMMISSIONERS OF WELD COUNTY, COLORADO, a body politic of the State of Colorado, hereinafter called "the County" and the Town of , a body politic hereinafter called "the City". WITNESSETH: WHEREAS, pursuant to the Housing and Urban-Rural Recovery Act of 1983 hereinafter called "the Act", the United States, acting by and through the Secretary of the Department of Housing and Urban Development, hereinafter called "HUD" has made available to the State of Colorado certain funds available from the Rental Rehabilitation Program of the ACT; and WHEREAS, the State of Colorado, through the Department of Local ,Affairs has the legal authority to provide funds to counties for rental rehabilitation activities; and WHEREAS, the City has expressed interest in allowing the program to operate within its jurisdiction; and WHEREAS, the County has indicated a willingness to submit a program proposal to the State to carry out the HUD Rental Rehabilitation; and WHEREAS, the parties hereto desire to provide assurances and delineate the areas of cooperation between the County and the City with respect to Rental Rehabilitation activities; NOW, THEREFORE, in furtherance of said Resolution, and in consider- ation of the mutual conditions, covenants and agreements herein contained, it is agreed by and between the parties as follows: 1. Planning the Rental Rehabilitation Program. The parties, through their executives and staff, shall cooperate with each other in developing the rental rehabilitation proposal, with all parties giving due consider- ation to the needs of its citizens and goals, objectives, rules and regu- lations of the Act. 2. Term of Agreement. This agreement shall remain in full force and effect until the program proposal is approved by the State and a contract executed by all parties. •° 3. Authorization to submit a proposal. The County is authorized to submit a proposal to the State on behalf of the City to apply for funds under the HUD Rental Rehabilitation Program and to act on behalf of the City with regard to any subsequent negotiations, presentations or informa- tion in conjunction with the grant application. -2- • 4. The City shall have no obligations or responsibilities, financial or otherwise, concerning the administration of the Rental Rehabilitation Program and the County agrees to indemnify the City from any and all liability, loss or damage the City may suffer in connection with the administration of the project upon approval of the proposal. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals on the day and year above written. Board of County Commissioners Weld County, Colorado SEAL Attest: By: Weld County Clerk and Recorder Chairman and Clerk to the Board Town Deputy County Clerk } }yCof LaSalle Attest: cAlf elt4 City,Clear Mayor Nancy L lutz Bruce C. Kamada vd oOF p,��� TOWN OF LA SALLE , P.O. BOX 717 -�''s• 119 MAIN STREET • Q1 LA SALLE, COLORADO 80645 9PM -�"� -� �RoORAtE� ,, q:064() Weld County-Housing Authority Attn: James Sheehan P.O. Box A Greeley CO 80631 Y Y %. tttlty,livIUI auv uvuol Telephone:(303)356-1c 66 United Bank of Greeley 1985 HAR 20 March 18, 1985 Weld County Housing Authority P.O. Box A Greeley, CO 80632 Attn: Scott Wiegardt Dear Mr. Wiegardt: The following information has been provided in response to your letter dated March 4 requesting information on the housing market in Evans, Garden City and LaSalle. We do not show any loans in the last year for Garden City or LaSalle but show two loans in the Evans area. Both of these loans were first mortgages on personal residences. I do not have any information on the sales or rental markets in these three areas, however, I feel that all three areas are favorable for market absorption. If you have any questions or if I can be of further assistance, please contact me. Sincerely, L- �. `c ldC K.J. .Hyatt Assistant Vice President KJH:kam • P COLORADO DIVISION OF HOUSING Rental Rehabilitation Program Neighborhood Profile General Information 1 . Briefly describe project boundaries: East Evans consists of all areas of the city East of Highway 85. This area is just to the South of the City of Greeley, and approxiamately one mile North of the Town of La Salle. The main traffic arterials are Highway 85, which runs North-South, and 37th Street which runs East-West. The South Platte River borders the Southern tip of the area. • 2. Briefly describe this neighborhood' s lifestyle and economic condition as it relates to the city as a Whole: East Evans is the oldest section of the city. With the exception of a small 4-6 block area zoned business, the area is zoned residential. The area is inhabited by a low and moderate income type of person. . Most of the dwellings are single family homes, however, there are a number of mobile homes. There are also_a few duplexes and four-plexes. Neighborhoods are generally homogeneous with one another. Only when compared with West Evans, which is the newer section of the city. do significant differences appear., 3. Describe features that make tnls neignoor ooa attractive to low-income renters (i.e. , city transportation, proximity to schools, employment opportunities, etc. ) : Because of Evans' proximity to the City of Greeley,transportation, schools, employment opportunities, etc. ,are all easily accessable to lower-income •renters: 4. Are there low-income housing developments in the neighborhood? Type No. of Units Public Housing Scattered Site Section 202 Section 8 new construction substantial/moderate rehab -0- existing -0 other (specify) to 5. Why is the neighborhood expected to remain at or below 80% of median income for the next five years?: As the oldest section the City, East Evans has -exhibited the qualities-of-a--stable community for man years. area is nearly 95 percent residential, and removed from the yaofe the Northern Colorado and any other type of business or industrial development, income can be expected to remain below 80 percent of the median for the next five years.. 6. What is the attitude of local government and the public toward lower-income rental housing rehabilitation: Give examples: An Intergovernmental Agreement has_ been signed _by_both the City of Evans and Weld County. Each haspledged to cooperate during the design and implemegtation of tdb Rental Rehabilitation Progz•am, (copy enclosed) With our marketing efforts, we hope to create a positive attitude in the community at large. 7. Does the city offer incentives4o developers and/or small investors (i.e. , tax abatements or public infrastructure improvement grants)? Describe. Evans is in the process of issuing Industrial Revenue Bonds, but not in the East Evans area. The city's main concern is business/industrial development. The city is willing to offer reasonable incentives in this area. However, the Rental Rehabilitation Project is well removed from this type of development. Colorado Division of Housing Neighborhood Profile October 1 , 1984 Page 2 Socio-Economic Profile 1 . Median Income MSA $ 16.461 2. Family Income of neighborhood 11 a. less than $5,000 217 11 % b. between $5,000 and $7,499 210 -may--% c. between $7,500 and $9,999 185 -% d. between $10,000 and $14.999 384 --177-t e. between $15,000 and $19,999 351 --FT-% f. between $20,000 and $24,999 311 15 % g. above $25,000 293 15 % 3. Historically, average income in this above neighborhood has been above, about the same, or below the city's average. beloia 4. Average age of total persons. a. 20-29 years 1 649 32% f. over 62 years 434 8% . b. 30-34 years 438 8%C. 35-44 years 442 9% d. 45-54 years 278 5% _ e. 55-62 years 195 4% 5. Average family size 6. Ethnicity (% of total ) # % a. Black • 31 .006% b. White 4006 79% c. Hispanic 965 18% d. Other 61 .01 % • 7. Number of Section 8 existing: certificates currently used in the neighborhood. a. 1 bedroom 0 b. 2 bedroom • c. 3 bedroom d. 4+ bedroom *****East Evans Only —770R7— Rental Market Profile ALL HOUSING UNITS 1 . Total number of units Year Number % Change RENTAL UNITS • It %CHANGE 1960 470 • 1960 110 1970 88$ 89% 1970 238 116% 1980 2139 141% 1980___893.... 279% 2. Housing stock composition 1960 1970 1980 a. Owner-occupied 340 629 1178 b. Renter-occupied 110 238 803 3. Number of rental structures by type a. single-family detached b. duplexes i 73 c. four-plexes d. apartment buildings (1-11 units) e. apartment buildings (12+ units) - Dr f. other (describe) MOBILE HOMES 20% *****because of the size of the area being analyzed it was not possible to compile exact figures these are estimates from a windshield survey • *****All statistics represent the entire City of Evans Colorado Divison of Housing Neighborhood Profile October 1 , 1984 Page 3 4. Housing Quality 1960 1970 1980 a. Number of SQUUC_ 428 803 1 . 948 b. Number of Deronratjag, 3 71 171 c. Number of nPlani4ated • 5. Percentage of buildings more than 2S % • 35 years old. 6. Number of buildings currently with (since 1/1/35) rehabilitation permits a. conventional 8 b. assisted - - 7. Percentage of low-income renters to total number of renters.a. low-income renters with incomes below 50% of median b. low-income renters with incomes below 80% of median *see appendix A 8. Average tenure of low-income renters. a. 1-6 months b. 7-12 months c. 1-2 years —% d. 2-5 years • e. 5+ years *see appendixes B,C,D,&E 9. Vacancy Rate Citywide Neighborhood 1970: 1980: 6.2 7. 1984: *see appendixes F&G 4. Rent levels (standard units) "Street" Section 8 Rents FMR a. 1 bedroom ,4175-245 b. 2 bedroom 4200-295 4349 c. 3 bedroom 4275-35U 4426 d. 4 bedroom 5. In the past five years, have there been either dramatic increases or decreases in "street" rents? 0 If yes, explain: 6. Are you aware of any factors that could influence rent levels in the neighborhood (i.e. , new shopping center, e of street NO change from one-way to two-way, early indications of middle income interest, etc. ) This is the oldest area of Evans. Some moderate income housing is scheduled for the Southern portion, (approxiamately 35 units) but this will not effect the area as a whole. With the exception of a small 4-6 block area zoned business the area is zoned primarily R-1 . Areas targeted for business/industrial development are well removed. *****All statistics represent the entire City of Evans Colorado Divison of Housing • Neighborhood Profile October 1 , 1984 Page 4 Investment Profile 1 . Number of residential buildings offered for sale last year. 9 % 2. Number of residential buildings sold in the last year. 194 3. Of buildings sold, were sales prices much above generally much above, at, or much below at the asking price. much below 4. Type of investor a. local "Mom-Pop" owners 857 b. local small investors — c. partnerships 5% d. syndicates p.. e. out-of-town owners/investors =54 f. out-of-state owners/investors 57. 5. Public Investment Activity (1970-1980) a. Sidewalks $ 332,00^ b. Paving $ 66 3,000 c. Sewer and Water $ apo,000 d. Single-family Rehabilitation $ _o- e. Multi-family Rehabilitation $ -o- f. Other (specify) PARK UPGRADE $ 60,000 $ *****All Statistics Represent the Entire City of Evans ' APPENDIXES A) SPECIFIED RENTER-OCCUPIED HOUSING UNITS BY HOUSEHOLD INCOME IN 1979 BY GROSS RENT AS PERCENTAGE OF INCOME LESS THAN $5;000= LESS THAN 20 PERCENT 20-24 PERCENT 25-34 PERCENT 35 PERCENT OR MORE 105 NOT COMPUTED (31) 14 $5,000 to $9,999= LESS THAN 20 PERCENT 12 20-24 PERCENT 31 25-:34 PERCENT 39 35 PERCENT OR MORE 71 NOT COMPUTED (31) 7 $10,000 to 14,999= LESS THAN 20 PERCENT 89 20-24 PERCENT 94 25-.34 PERCENT 46 35 PERCENT OR MORE ----, NOT COMPUTED (31) ---- $15,000 to 19,999= I{ESS THAN 20 PERCENT 94 • 20-24 PEI10ENT 12 25- 4 PERCENT 4 -15-PERCENL 0R MORE NOT COMPUTED (31) 7 $20,000 OR.MQRE= _ LESS THAN 2.0 PERCENT 106 20-24 PERCENT 19 25-34 PERCENT 35 PERCENT OR MORE --__ NOT COMPUTED (31) B) OCCUPIED HOUSING UNITS BY TENURE TOTAL 1981 RENTER OCCUPIED 803 C) OCCUPIED HOUSING UNITS BY TENURE BY RACE AND SPANISH ORIGIN OF HOUSEHOLDER '�--` •.\ TOTAL RENTED. OCCUPIED WHITE 1843 716 BLACK 5 AMERICAN INDIAN, ESKIMO, & ALEUT 27 17 • ASIAN AND PACIFIC . ISLANDER 19 13 OTf#ER• 87 _-- SPANISH ORIGIN 257 1,16 D) PERSONS IN OCCUPIED UNITS BY TENURE TOTAL 5035 1902 RENTER OCCUPIED APPENDIXES (cont.) E) PERSONS IN OCCUPIED HOUSING UNITS BY TENURE BY UNITS IN STRUCTURE _ TOTAL RENTER OCCUPIED 1 DETACHED 3092 539 1 ATTACHED 80 73 2 100 82 3 or 4 215 195 5 or more 812 778 MOBILE HOME OR TRAILER 736 235 F) VACANT HOUSING UNITS BY VACANCY STATUS FOR SALE ONLY 68 FOR RENT 53 HELD FOR OCCASIONAL USE -- OTHER VACANTS 39 G) SPECIFIED RENTER-OCCUPIED PAYING CASH R.:NT AND VACANT-FOR-RENT HOUSING UNITS BY OCCUPANCY STATUS RENTER OCCUPIED 760 MEAN CONTRACT RENT 4204 VACANT FOR RENT 53 MEAN RENT ASKED 4226 ***** ALL DATA TAKEN FitOM CENSUS OF POPULATION AND HOUSING, 1980--SUMMARY TAPE FILE 3A • M EVANS a in WELD C0L:NTY.00L0RAD0 i • T5N, R65«- OE THE 6TH P.Vii. • s:.•t . .0, .5cO/e,I'•MO' •- --:---a_Lr_� ,.,-_ ..gym. 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I fi I I I 90 Be 87 68 I ".....• — Sr .•/ �_� 11 ,' — II /• • • j/ SOVS II • / I T.•T •a I, a INTERGOVERNMENTAL AGREEMENT 1985.,ATn�IiIS AGREEMNT, entered into this S day of n ry , 1985, by and betweentthe BOARD OF COMMISSIONERS OF WELD COUNTY, COLORADO, a body politic of the State of Colorado, hereinafter called "the County" and the Town of , a body politic hereinafter called "the City". WITNESSETH: WHEREAS, pursuant to the Housing and Urban—Rural Recovery Act of 1983 hereinafter called "the Act", the United States, acting by and through the Secretary of the Department of Housing and Urban Development, hereinafter celled "HUD" has made available to the State of Colorado certain funds eyailable from the Rental Rehabilitation Program of the ACT; and WHEREAS, the State of Colorado, through the Department of Local Affairs has the legal authority to provide funds to counties for rental rehabilitation activities; and WHEREAS, the City has expressed interest in allowing the program to operate within its jurisdiction; and WHEREAS, the County has indicated a willingness to submit a program proposal to the State to carry out the HUD Rental Rehabilitation; and WHEREAS, the parties hereto desire to provide assurances and delineate the areas of cooperation between the County and the City with respect to Rental Rehabilitation activities; NOW, THEREFORE, in furtherance of said Resolution, and in consider- ation of the mutual conditions, covenants and agreements herein contained, it is agreed by and between the parties as follows: 1. Planning the Rental Rehabilitation Program. The parties, through their executives and staff, shall cooperate with each other in developing the rental rehabilitation proposal, with all parties giving due consider- ation to the needs of its citizens and goals, objectives, rules and regu- lations of the Act. 2. Term of Agreement. This agreement shall remain in full force and effect until the program proposal is approved by the State and a contract executed by all parties. r° 3. Authorization to submit a proposal. The County is authorized to submit a proposal to the State on behalf of the City to apply for funds under the HUD Rental Rehabilitation Program and to act on behalf of the City with regard to any subsequent negotiations, presentations or informa- tion in conjunction with the grant application. -2- 4. The City shall have no obligations or responsibilities, financial or otherwise, concerning the administration of the Rental Rehabilitation Program and the County agrees to indemnify the City from any and all liability, loss or damage the City may suffer in connection with the administration of the project upon approval of the proposal. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals on the day and year above written. Board of County Commissioners • Weld County, Colorado SEAL Attest: By: Weld County Clerk and Recorder Chairman and Clerk to the Board Deputy County Cler City of 2.:: s C 77 Attest: • bP Telephone:(303)356-10 ww � United Bank �� of Greeley 1985 MRR 20 March 18, 1985 Weld County Housing Authority P.O. Box A Greeley, CO 80632 Attn: Scott Wiegardt Dear Mr. Wiegardt: The following information has been provided in response to your letter dated March 4 requesting information on the housing market in Evans, Garden City and LaSalle. We do not show any loans in the last year for Garden City or LaSalle but show two loans in the Evans area. Both of these loans were first mortgages on personal residences. I do not have any information on the sales or rental markets in these three areas, however, I feel that all three areas are favorable for market absorption. If you have any questions or if I can be of further assistance, please contact me. Sincerely, K.J. Hyatt Assistant Vice President KJH:kam ATTACHMENT B Part IV. PROJECT DESCRIPTION RENTAL REHABILITATION PROGRAM The communities identified in Weld County as being eligible for funding through the Rental Rehabilitation Project include: Garden City, LaSalle and Evans. A more complete assessment of each town is contained in the neighborhood profile. Our program calls for the rehabilitation of 25 rental properties. The process of selecting units for rehabilitation shall consist of three elements: 1. Eligibility Criteria 2. Feasibility Criteria 3. Selection Criteria The first criteria, eligibility, shall be based on the location, ownership, minimum equity, size, and condition/cost of repair. Determining the condition/cost of repair will be a critical element in establishing unit eligibility. In order to initiate this process, it will be necessary to determine the extent of rehabilitation required to bring the unit up to the minimum rehabilitation standards. This will be accomplished by conducting a detailed inspection of the property. This inspection will be carried out as a joint effort by the city inspector and the rehabilitation specialist. Once the inspection is completed, the cost of rehabilitation can be determined. Once the cost of rehabilitation has been derived, we will then be able to deter- mine the economic feasibility of proceeding with rehabilitation. Factors to be considered include: operating expenses, debt service costs, cash flow, profit, and loan to value ratio. Once these factors are assessed it will than be possible to determine the effect if any, that the rehabilitation will have on the rent that the owner must charge and whether market conditions would permit the unit to be rented at a higher rent, while avoiding displacement. The program shall use a priority system based on highest points in the selection of units. Priority factors shall be based on percentage of very low income families to be assisted, the percentage of matching funds by the owner and the potential for displacement. Units selected for rehabilitation shall be approved by the Weld County Housing Authority Board. After the unit has been approved, the unit will then be let out to bid. The Housing Authority will utilize a competitive negotiation process to procure contractors. Unless extenuating circumstances exist, the low bid will be excepted. The rehabilita- tion contract shall be between the contractor and the rental property owner. All work shall be monitored by the rehabilitation specialist. Final inspections shall be conducted by both the city inspector and the rehabilitation specialist. All deficiencies shall be corrected and attested to by the owner prior to issuing final payment. 0 ATTACHMENT C PART V: LOWER INCOME BENEFIT • The Weld County Housing Authority has not yet indentified the specific properties that are to be rehabilitated. When these properties are indenti- fled, the Housing Authority intends to survey each property and indentify the number of low and very low income residents, those eligible for Section 8 certificates or vouchers, the number of residents who wish to remain in the building, and the number of residents who need to be relocated. After rehabilitation of these properties has been completed, Section 8 certificates and vouchers will be used as follows: I. Current low income residents will be allowed to continue their residency of the rehabilitated unit. II. If relocation of any, or all of the current residents is necessary, Section? 8 certificates' and voucher's will remain with the relocated • person(s). III. Families'who are on the Section 8 waiting list will be allowed to occupy any rehabilitated buildings that are vacant. Because the Housing Authority is both thesubrecipient for the rehabilitation program, and the agency responsible for the Section 8 Assistance Program, lower income benefit activities will be monitored very closely. t ATTACHMENT D PART VII: IMPLEMENTATION SCHEDULE The Weld County Housing Authority will comply with the Division of Housing's guidelines requiring that 35% of funds be committed by December 31, 1985, 70% by March 31, 1986, and 100% by May 31, 1986. Completion of work on all of the twenty five projected units will take place before December 31, 1986. Y ATTACHMENT E PART VIII: TENANT ASSISTANCE POLICY The Weld County Housing Authority will comply with the Tenant Assistance Policy as outlined by the Colorado Division of Housing. The Tenant Assistance Policy will be adopted and presented within 30 days of excecution of a contract with the Colorado Division of Housing. 0 ATTACHMENT F PART IX: AFFIRMATIVE MARKETING • To ensure compliance with all Federal fair housing laws by all agencies and persons involved with the Rental Rehabilitation Project in the communities of Evans, Garden City, and La Salle, the Weld County Housing Authority will adhere to the affirmative marketing guidelines set forth by the Colorado Division of Housing. Methods for informing the public, owners, potential tenants, and persons least likely to apply for rehabilitated housing will include: 1) Use of the Equal Housing Opportunity logotype; 2) Distribution of HUD's "Fair Housing U.S.A." brochure; 3) Contacting the media and interested public groups; 4) Newspaper announcements; 5) Posters and signs explaining the program; 6) Oral presentations to various community organizations. The Housing Authority will monitor and record racial, ethnic, and gender characteristics of tenants before and after rehabilitation. The Housing Authority will also monitor and record the racial, ethnic, and gender characteristics of participating owners. All records will be available for public viewing at our administrative offices. The Weld County Housing Authority and the Community Housing Resource Board will coordinate activities to ensure that owners are responsible in carrying out the affirmative marketing policy. 0 Colorado Division of Housing Rental Rehabilitation Program Request for Funding: Page 6 CERTIFICATIONS The /County of Weld , Colorado hereby assures and certifies that: It posesses the legal authority to administer the Rental Rehabilitation proProgram described scrb d in by the w5 24 CFR Part a City/Town/County. and that the submission of this proposal tion with the cIt opiess dveloped this proposal have been maderavailablea to public and the public. It will adopt the Division of Housing's Tenant Assistance Policy, amending c the Policy as needed to account for local directives, ies, or concerns, and will submit to the Division of Housing a copy of the amended Policy within thirty (30) days of the execution of a RRP contract with the Division of Housing. It will ensure that the City/Town/County will conduct and sdaiinister its Rental Rehabilitation Program in conformance with the requirements of section 511 .10(m) , Affirmative Marketing. It will submit to the Division of Housing for its approval a local affirmative marketing strategy within sixty (60) days of execution of a RRP contract with the Division of Housing. it will conduct and administer its Rental Rehabilitation Program in accordance with the requirements of 24 CFR 511 . Sig ure, C i E acted Ot icia Type Name o iie E ected Of icia • Tit e o ief E ecte Officia A ril 3, 1985 Date WILD COUNT`f'Ci_ERI< AND RECORDER AND CL%RiK 10 THE BOARD 7-1 Dcrr ty CcunOy C!crk Hello