HomeMy WebLinkAbout2024-11-08 CHA MinutesCaldwell Housing Authority L
November 8, 2024 —
Stewarts and CHA's Office via ZOOM
Board Members Present: Arnoldo Hernandez. Estcila Zamora, Jim Porter, Adam Garcia.
Robert Acosta. Sid Freeman. and Brad Doty
Board Ivlembers Absent: Patricia Benedict
Staff Members Present: Alike Dittenber. Teresa Sanchez, Marisela Melchor, Dominique
Moreno. Edwin I_ara. and Rosario Soto
Guests Present. None
In Order of Business
1. Roll call and call to order:
Arnold called the mecting to order at 12:03 p.m.
2. Agenda Approval
lira Porter made a motion to approve the November meeting agenda, seconded by Adam Garcia,
;End approved by the Board at 12:05 p.m,
3. Approval (if the October 2024 Meeting Minutes
Jim Pewter made a motion to approve the October 2024 meeting minutes with corrections,
seconded by Lste:ll:a Zamora, and approved by the Board at 12:08 p.m.
4. Octoher financial report
Rosario Soto provided the Inancial report and updated the Board. He indicated CHA was
approximatel} S250,000 o\er-hudget. I le attributed the overage to vehicle and equipment
repairs. Stull' overtime. and costs related to connecting to the city's water system. He also
indicated the Rice House costs were being tracked differently and Sunwest Bank loan for
colnstruCtioll \\ou1d build back our operational reserves. Finally, he said CHA had approximately
$700,000 in the bank. Adam Garcia made a motion to approve the October financials. seconded
b\ Jim Porter and approved by the Board at t2:18 p.m.
5. Non -Profit Corporation
Mike provided the Board «ith more specific information about the non-profit organization. He
did -,i cur,;ors ail'the i"llormation that was sent to the Board prior to the meeting. There
was sonic discussion about membership on the non-profit Board and the time commitment. Sid
Freeman suggested tho-su appointed to the non-profit Board could recognize: their o,.ti-n le\ -el of'
enga!geme:nt, including an}. conflicts of -interest. Sid Freemen made a motion to approve the
!�rticle o incorporation and the Initial Bylaws. seconded by Adam Garcia and approved by the
Board .at 12:31 p.m.
6. ikon -profit bang: account
Rosario su�_1gested the Board approve opening a Bank Account with Idaho Central Credit Union
liar the non-profit activities, preventing any possibility of co -mingling funds. He thought $5,000
v,as needed to open the account. Jim Porter made a motion to allow Cl IA to open an account
with 1CCU for the non-profit foundation, seconded by Sid freeman and approved by the Board
at 12:36 p.m.
7. 202-5 Rent Structure
The Board addressed the 2025 rent structure tabled from the last meeting. Rosario indicated
(;HA xv is three (3) }cars hchind the market on rents. He provided the Board with information
shoeing rent udjustments to the 2023 FMR would result in a $170.00 (average) monthly
adjustment. Acijusting to the 2024 1'MR would result in a $241.00 (average) monthly adjustment.
He indicated it Would be difficult for CHA to operate if rents weren't brought to the 2024
market-le�cis. Sid Freeman made a motion to adopt the 2024 FMRs as the rent standard for
CHA. seconded by Fstelki and approved by the Board at 1:00 p.m.
H. Updates
'dike provided the 13011rd With an update on what an administrative change may mean to
affordable housing, in our area. He also reminded the Board of CHA strict occupancy
retluiretztCrtts that all applicants and tenants must have a current state -issued ID, valid social
securilN card. and proof or income to live at 1=armway Village. He then reported a small hiccup
in connecting it) the city-s eater system and what he was doing to resolve the outstanding; issues.
Fin,tliv- N.-like said he is «orkin,, with several different organizations to get the Rice House
permzinently associated v6th the Kimball property.
9. Adjourned
The Boai-d Cl AdIOUrncd at 1 :35 p.m.
Certified:
Pr6itlent, Board (if Dir'ctors
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