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MISSION: To increase the supply of decent affordable housing provided by nonprofit organizations to low and very low income families through coordination among nonprofits to enhance capabilities, expand funding opportunities, maximize training, and develop new partnerships.
Time (Min) Agenda Item 8:00-8:30 Networking between members and guests 8:30-8:35 Introduction of members/guests (Katie Porta) 8:35-8:40 Approval of minutes 8:40-8:50 Sponsor -- Orlando County Housing Finance Authority (Mike Smith) 8:50-9:10 Speaker -- Lockheed/Martin (Lisa Portelli) 9:10-9:30 Other Items: County HAC Report City of Orlando HAC Report Counseling Collaborative New Business: Review correspondence Next membership meeting -- Wednesday, July 28, 1999 @ 8:30 am Adjourn (TOTAL MEETING TIME -- 1 HOUR AND 5 MINUTES)
The Beardall Center
800 S. Delaney Street, Orlando, FL 32806
Located at northeast corner of Orange Avenue and Gore Street.
The meeting will be in the multi-purpose, room #1
Future Meeting Schedule: July 28, August 25, September 29, October 27, November 17, December - No Meeting
Goal 1. To educate the entire community on the role of the nonprofit sector as an important partner in the housing delivery process. a. Communicate housing and nonprofit needs to local area government b. Develop quantifiable goals for the Roundtable to allow for evaluation of this organization's effectiveness. c. Invite guest speakers to speak monthly. Pick out topic relevant to nonprofit housing providers (i.e. management, development, underwriting) and have speaker make 30 minute presentation. Goal 2. To pool skills and resources of nonprofit housing producers and housing support agencies a. To use the nonprofit Roundtable to gain organizational and functional strength to achieve our mission by convening regular meetings to share information, and to plan and coordinate activities of the participating nonprofits b. To evaluate and prepare an annual plan that quantifies projects and funding needs of the participating nonprofits and prepare joint funding support request to the various funding entities c. To promote and support emerging nonprofit housing organizations. Goal 3. To pursue various partnership opportunities and linkages with for-profit developers and builders. a. Strengthen relationships between nonprofits and private sector b. To become active participants in the Homebuilder's association to cultivate support of for-profit developers and builders and to seek out opportunities for joint-ventures, other business relationships and mentoring. Goal 4. To pursue activities that would increase the availability of low cost funds to nonprofits. a. Subscribe to legislative, funding resource. Monitor and report on upcoming funding programs. b. Develop calendar of funding source with contact, deadline and summary information. Goal 5. To pursue activities that would encourage governments to provide grants and loans to nonprofits for technical assistance and housing production.
Nonprofit Housing Roundtable
Meeting Minutes from June 30, 1999 Meeting
Present: Charleen Morales, Jill McReynolds, Kathy Bryant, Jeanette Marcus, John Huguenard, Dawkins Hodges, Michael Smith, Victor Alvarado, Stewart Forrester, Katie Porta, Jed Baumwell, Barbara Morton, Joe Newsome, Ajit Hirani, Joyce Singh, Meena Hirani, Evett Francis, Judith Kovisars, Fran James, Kevin O'Rawe, Trace Longwell, Barbara Conover, Floyd Longwell, Julia Lemon, Frantz Dutes, and Randy Sprayberry.
Agenda Item 1 -- Approval of Minutes
Motion made and seconded to approve the minutes. Approved unanimously.
Agenda Item 2 -- Presentation by Michael Smith, Director of Program Operations, Orange County Housing Finance Authority
The Authority (OCHFA) was created in 1978 by the Board of County Commissioners. Its statutory purpose is to provide financing for safe, decent, and affordable housing for low, moderate and middle income families in the Central Florida area, and to provide tax-exempt capital to stimulate private market development.
No tax dollars are used to support the Authority. Its revenues are generated through the issuance of Mortgage Revenue Bonds.
The Authority has served 12,625 households in its Single Family Program since its inception, and bonds issued within the Single Family Program have totaled over $975 million.
The Authority has financed 38 properties through its Multi-Family Program since inception, which includes about 10,000 units, with bonds issued in excess of $548 million.
Total Single Family and Multi-Family Bond Financing issued: $1,523,588,759.
The Authority has over $30 million allocated in this current 1999 financing year for Orange, Osceola, Seminole, and Lake Counties.
Financing assistance available through the Authority is intended for first-time homebuyers.
A portion of the funds are earmarked for use in certain targeted areas within Orange and Seminole Counties.
Income limits for program participation are as follows:
| 1-2 Person | 3+ Person | ||
| Households | Households | ||
| Non-Targeted Areas | $48,100 | $55,315 | |
| Targeted Areas | $57,720 | $67,340 |
Sales Price limits:
| Existing | New construction | ||
| Non-Targeted Areas | $101,700 | $95,838 | |
| Targeted Areas | $124,309 | $117,136 |
Interest rates are available as low as 6.25%. Contact any of the participating lenders for more information: Countrywide, Dellwood, Homebanc, HomeFunding Corp., Market Street, MFC, Pinnacle, or Sunbelt. Or contact the Orange County Housing Finance Authority at 894-0014.
This concludes the meeting minutes. The next meeting will be on July 28, 1999.
Within the last few years, the federal government has placed a greater emphasis on tenant rights. This is partly due to previous abuses within both the private market place and subsidized market place. Just recently HUD published notice for public comments on a HUD proposal to expand tenant rights in some multifamily projects and allow tenants in projects receiving project-based Section 8, Section 202, and Section 811 the right to establish and operate tenant organizations.
Ms. Worrell will be on hand from the Orlando Legal Aid Society. She will discuss this new push toward better protecting tenant rights. She will also inform the Roundtable of procedures and processes to insure that tenants are treated properly, per the current state and federal laws.
This is a particularly appropriate meeting for all those parties connected with multifamily housing and even single family housing.
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