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HomeMy WebLinkAboutOC Housing Authority minutes 101514 Orange County Housing Authority Board October 15, 2014 Members Present: Diane Beecham, Jean Bolduc, and Tammy Jacobs Members Absent: None Staff Present: James Davis Welcome/Introduction The meeting was called to order by the Chair Jean Bolduc at 6:15 pm. Approval of Minutes Tammy Jacobs made a motion to approve the minutes from September 17, 2014. Diane Beecham requested additional information to be included in the "Other Business" section to accurately and fully reflect the gist of the issues as presented by JonZella Bailey-Pridham. Tammy's motion did not pass. James Davis will amend the minutes as recommended by Commissioner Beecham. Section 8 Housing Assistance Payments Budget Review James Davis reviewed the revenues and expenses for the Section 8 Housing Choice Voucher Program as of August 30, 2014 to cover the first two (2) months of FY2014-15. The fund balance reflected on the spreadsheet was not updated and continued to reflect the June 30, 2014 balance of $291,587, including $71,543 of unrestricted funds and $220,044 of restricted funds. James will provide the updated fund balance at the November meeting. Board Work Plan Continued Commissioners discussed the HCV presentation (information session) scheduled for October 17, 2014 in Hillsborough. It was discussed that a follow-up presentation should be made in the Spring of 2015 depending on the turnout of the upcoming presentation. The body discussed amendments to the bylaws. Suggested amendments include specifying referenced statutes by number, adding that the office of Secretary is ex-officio, and include wording on the expectation of attendance by the members. Department Report Chair Jean Bolduc suggested that the payment standard may need to be increased to 110% of the FMR. Supporting this suggestion, she opined that increasing the payment standard may expand the housing stock possibilities. Chair Bolduc recommended that the board draft a resolution stating the increased payment standard, adding that the standard will increase to 120% for certain circumstances with HUD's approval. Other Business The members discussed the need to send a letter to the BOCC describing the board's events and activities for the 2014 calendar year. The members voted unanimously to cancel the scheduled December meeting in observance of the holidays. There being no additional business, the meeting was adjourned at 7:49 p.m. on a motion by Chair Jean Bolduc. Respectfully submitted: James E. Davis, Jr., Secretary