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AGENDA RECOMMENDATION |
Item No: 4.C.
Economic Development Authority
- Meeting Date:
- 08/12/2024
Agenda Item:
Set September 9, 2024, as date of public hearing to review and approve the proposed 2025 Mankato Annual Agency Plan and 2024 Public Housing Capital Funding.
Recommendation/Action(s):
Motion setting date of hearing.
Summary:
The PHA Annual Plan is a comprehensive guide to public housing agency policies, programs, operations, and strategies for meeting local housing needs and goals. The EDA submits a plan that represents the role of the agency and programs in the community. The plan follows strategic planning identified in the community consolidated plan, strengthens ties to community service agencies, fair housing, and accesses tools necessary to achieve established goals.
These tools include:
This plan has specific emphasis on the operations and strategies of the Housing Choice Voucher program and Public Housing program. It also addresses affordable housing needs in the community and progresses by implementing action steps identified in the Affordable Housing Action Plan (AHAP). The programs and services administered by the EDA are intended to cover the continuum of housing aligned with the Affordable Housing Action Plan.
The plan has been posted for public comment and Resident Advisory Meetings will be held in August. A summary of any comments received will be shared at the September 9, 2024, Public Hearing.
The requested action is a motion to set September 9, 2024, as the date of public hearing for the Annual Agency Plan.
These tools include:
- Annual review of payment standards (October) and utility allowances (March).
- Annual review of the Administrative Plan for Housing Choice Voucher program and Admissions and Occupancy Plans for Public Housing.
- Identifies special vouchers including:
- Project-Based Vouchers.
- Family Self-Sufficiency, and Homeownership.
- Mainstream Vouchers for non-elderly, disabled.
- VASH Vouchers for homeless veterans.
- Foster Youth to Independence vouchers to meet the needs of homeless and at-risk foster.
- Emergency Vouchers and Stability Vouchers that work to prevent homelessness.
- Utilizes preferences based on community needs; and
- Manages formula funding for capital programs that improve and replace public housing.
This plan has specific emphasis on the operations and strategies of the Housing Choice Voucher program and Public Housing program. It also addresses affordable housing needs in the community and progresses by implementing action steps identified in the Affordable Housing Action Plan (AHAP). The programs and services administered by the EDA are intended to cover the continuum of housing aligned with the Affordable Housing Action Plan.
The plan has been posted for public comment and Resident Advisory Meetings will be held in August. A summary of any comments received will be shared at the September 9, 2024, Public Hearing.
The requested action is a motion to set September 9, 2024, as the date of public hearing for the Annual Agency Plan.
