HomeMy WebLinkAbout2023-08-25 CHA MinutesCaldwell Housing Authority
August 25, 2023
CHA Community Center and via ZOOM
Board Members Present: Arnoldo Hernandez, Jim Porter, Robert Acosta, Adam Garcia via
telephone), Sid Freeman, Patricia Benedict, and Estella Zamora.
Board Members Absent:
Staff Members Present: Edwin Lara, MaryAnn Valenzuela, and Rosario Soto
In Order of Business
1. Roll call and call to order:
APPROVED
Arnold called the meeting to order at 12:00 p.m. Date
2. Agenda Approval
Jim Porter motion to accept the agenda as presented, seconded by Patricia Benedict, and
approved by the Board at 12:02 p.m.
3. Approval of the July 2023 Meeting Minutes
Estella Zamora made a motion to approve the July minutes, seconded by Jim Porter, and
approved by the Board at 12:06 p.m.
4. Review and discuss community programs
Teresa Sanchez took a few minutes to update the Board on different community activities at
Farmway. She explained her desire to make programs and services available to reach all the
tenants. No action was required by the Board.
5. Review issues and trends in occupancy
Edwin Lara took a few minutes to update the Board on occupancy trends to include vacancies
and applications. No action was required by the Board.
6. Financial Report
The Financial Officer, Rosario Soto provided the monthly finances to the Board. Although net
deposits are slipping, he noted there are approximately $300,000 in AR that will replenish our
accounts. He also told the Board that different banks in the community might be willing to offer
a higher interest rate and CHA should consider moving funds to a higher yield account. Sid
Freeman made a motion to allow the Financial Officer to invest in higher yield savings accounts,
seconded by Patricia Benedict and approved by the Board at 12:44 p.m.
Sid Freeman made a motion to accept the financial report, seconded by Estella Zamora and
approved by the Board at 12:45 p.m.
7. Adjourn
Adjourned at 12:45 p.m.
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