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Eagles Lot RFP public comment from Cassidy Kipp with CAPNWMTAimee Brunckhorst From: Cassidy Kipp <ckipp@capnwmt.org> Sent: Tuesday, July 12, 2022 11:59 AM To: Kalispell Meetings Public Comment Subject: EXTERNAL Eagles Lot RFP public comment [NOTICE: This message includes an attachment -- DO NOT CLICK on links or open attachments unless you know the content is safe.] Good Morning, I wish to submit input on the proposed inclusion of workforce housing in the mixed use structure slated for the Eagles Parking Lot in Kalispell. It is with great regret that our agency will be unable to provide a response to the request for proposals on the private development of the city owned Eagles lot. Given the short timeframe allotted for these proposals we find it exceedingly difficult, if not impossible, to develop a salient and responsible business proposal as required by the RFP. The initial request for proposal for the development of the Valley Bank parking lot was open for over 7 months in order to gather the required elements of the RFP. Having only 16 working days to develop a plan for this project makes it impossible to procure and generate the required information. Therefore, our comments shall be centered on the proposed use of TIF funds to supplement rent in 'workforce housing'. Our concerns are as follows: 1.) The RFP is light on housing requirements, number of units for a set -aside and ongoing responsibilities, yet inclusion of housing is being marketed heavily right now in the press. Critical details that are typically called for with mixed use development and deed -restricted housing proposals are not included. This is potentially problematic for the long-term goals of the project. 2.) 80-120% AMI: This range is too high for a rental program. CDBG, HOME programs cap income eligibility at 80% AMI and Housing Trust Fund caps income at 30% AMI in Montana. Low-income Housing Tax Credit program caps the income limit at 60% AMI. The Emergency Solutions Grant caps homeless prevention funds for those under 30% AMI. Most, if not all, deed restricted affordable rental housing in the Flathead has income limits much lower than those that are being proposed. Section 8 participants must be at or below 80% AMI; it is very unlikely that anyone would be able to use traditional rental assistance or Veteran rental assistance at this property. The article in the Interlake today cites the Junegrass market study, but fails to call attention to the fact that the income restricted units for that development are capped at 60% AMI, which is presumably where the need was identified and what is required for funding. 3.) Period of Affordability: Projects of this nature enter into an agreement on the length of affordability .... how long will the developer need to rent to people who are 80- 120% AMI? With Low Income Housing Tax Credits have an initial period of 15 years PLUS a required 35 years for a total of 50 years of tracking household income to ensure compliance with targeted AMIs. Rural Development also has a period of affordability that extends decades. What assurances that this will be tracked are provided by the City/ Developer? 4.) Accountability: Who will be responsible for reviewing the housing files for tenants during the life of the project? What would be the teeth if errors were found to occur? Models for how to handle these types of infractions exist and need to be adhered to in order for the developer to have some accountability. For example, should the City move forward, there should be incorporation of Section 42 LIHTC operating parameters or the Qualified Allocation Plan as published by the Montana Board of Housing to keep things consistent and to make sure that a developer is accountable for following through with their commitments. As the recipient of TIF funds they must demonstrate compliance. 5.) Why now?: The City should question if changing the plan on the Eagles lot is being done in order to work within the parameters of what an identified developer wishes, or if the intent is truly to move the needle on housing needs. If housing is the goal, please evaluate who the target population is, who benefits the most, and if there may be a more impactful use of TIF funds. Thank you, Cassidy Kipp Please take a few minutes to complete the 2022 CAPNM Community Needs Assessment: htt so Nww. surveymonk .coo r C',4PIVMcorrtrrunit nee Cassidy Hipp, Deputy Dire ctorr �kiRR@cappwrnt.or %.,R: irniCnV.VICIIIty ActIIoin PaII"tlCleIirs[iIp of Northwest Montana na I1.4 M a II in PO Box 8300 ..caair irr....ir..1:°.1: aMaglon IT w�a�� iia�rsl�uam,wn -: 11 u,rm.a ,ga2'ror' u"'Pvikz'on oivos 0 This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. if you have received this email in error please notify the sender and delete this email from your system.