MIDDLE INCOME HOUSING AUTHORITY
Board Meeting
MEETING MINUTES
June 21, 2024
9:00 a.m. – 11:00 a.m. - Hybrid Meeting on Zoom and In-Person
Dominique Acevedo, Thomas Bryan, Darren Everett, Alison George, Stephanie Gonzales, Mike Johnson, Carl Koelbel, Peter LiFari, Tamara Pogue, Kristin Stephens
Ben Barker, Olivia Cook, Hilary Cooper, Cory Kalanick, Jessie Salas
Loren Ahonen, Megan Yonke, Sherman & Howard Summer Associates, Michael Leahey, Tanner Crawley
LiFari called the meeting to order at 9:05 and initiated a roll call. Commissioner Pogue proposed a motion to approve the meeting minutes from May 17, 2024. George seconded the motion. The motion passed unanimously.
No public comment was received or heard.
Fiscal Year 24/25 Budget Proposed: George proposed a motion to approve the Fiscal Year 2024/2025 Budget. Bryan seconded the motion. The motion passed unanimously.
OEDIT/MIHA Contract: The Board discussed the new contract between MIHA and OEDIT that starts July 1, 2024. Commissioner Stephens proposed a motion to approve the new contract, titled the State of Colorado Intergovernmental Agreement between OEDIT and MIHA. George seconded the motion. The motion passed unanimously. The existing contract is terminated effective upon signature and execution of the new contract.
Accessibility Report & Year End Reporting: The Accessibility Report was presented for Board discussion. The Board reviewed upcoming deadlines as a preview of reports to be presented at upcoming meetings. No action was required for these agenda items.
Financial 101 Advisor Presentation and Discussion: Michael Leahey and Tanner Crawley with Castlewood Partners presented a proposal for Castlewood Partners to partner with MIHA. Johnson proposed a motion for staff to prepare a draft contract between MIHA and Castlewood Partners for a 6 month term, not to exceed $50,000. The motion proposed that the draft be shared with the subcommittee that originally helped hire Sierra Management Group composed of Johnson, LiFari, Koelbel, and Bryan prior to review by the full Board. Commissioner Stephens seconded the motion. The motion passed unanimously.
MIHA Communications Plan: The Board discussed plans for a middle-income housing panel at the Housing Colorado Conference. The Board also discussed summer outreach plans to increase awareness of MIHA. Cook will follow up with the Board for stakeholder contracts to add to email groups for MIHA Board meeting information.
Update on CHFA’s MIHTC Program: Bryan presented on CHFA’s new middle-income housing tax credit program and reported that an implementation plan will be launched in the fall. MIHA will be included for stakeholder feedback.
Conditionally Approved Project Update Report: The Board discussed project updates.
Cook provided updates on filling the available seat on the board and the reappointment process for board seats expiring in September 2024. The Board also needs to elect officer positions each year. The Board clarified this shall occur each July. An election shall occur at the next meeting.
The Board provided feedback on upcoming topics and presenters including the Center for Public Enterprise and state lawmakers. Bryan will ask a CHFA staff member to present on the housing funding “Gap Map” at a future meeting.
The Board discussed ways to honor Keo Frazier. Cooper will draft a letter from the Board to share with Frazier’s family.
The next meeting date is July 19, 2024. The Board will not meet in August.
F. Adjourn
With all items discussed, the meeting was adjourned at 11:00 am.