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HomeMy WebLinkAbout01-24-2025 CHA MINUTESEDate-7 �e vEo Caldwell Housing Authority Z-S January 24, 2025_ 2C Wine Down and CHA's Office via ZOOM Board Members Present: Arnoldo Hernandez, Estella Zamora, Jim Porter, Adam Garcia, Robert Acosta, Sid Freeman, and Patricia Benedict. Board Members Absent: Patricia Benedict Staff Members Present: Mike Dittenber, Teresa Sanchez, Marisela Melchor, Dominique Moreno, Edwin Lara, and Rosario Soto Guests Present: None In Order of Business 1. Roll call and call to order: Arnold called the meeting to order at 12:05 p.m. 2. Agenda Approval Estella Zamora made a motion to approve the November meeting agenda, seconded by Adam Garcia, and approved by the Board at 12.06 p.m. 3. Approval of the November 2024 Meeting Minutes Adam Garcia made a motion to approve the November 2024 meeting minutes with corrections, seconded by Jim Porter, and approved by the Board at 12:08 p.m. 4. Review Year End Financial Report Rosario Soto provided the financial report and updated the Board. He indicated CHA was dipped into its saving by $305,000 over the last several months. He explained that CHA is losing approximately $47,000 a month in vacancies. He advised them of a long waiting list, but the vacancies are a result of 11 no -payment eviction that happened during December and the first part of January. He suggested labor costs are increasing, and it might be time to consider contract labor for some functions at Farmway. Finally, he mentioned the tight financial situation would change once the new rents took effect and the capital financing for the Rice House was approved. Jim Porter made a motion to approve the December financials, seconded by Adam Garcia and approved by the Board at 12:25 p.m. 5. Updates Mike provided the Board with more specific information about the water line, potential annexation, and the Rice House. No actions were taken. 6. Adjourned The Board Adjourned at 1:10 p.m. o� W xecutive Director NP l ''Owl