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01. PH - Whether Big Sky Manor and Valley View Apts Meet a Community Housing NeedREPORT TO: FROM: SUBJECT: MEETING DATE: The Honorable Mayor Boharski and City Council Susan Moyer, Planning, Economic and Community Development Chris A. Kukulski, City Manager Public Hearing on the Need for Tax Credits on Behalf of Big Sky Manor and Valley View Apartments June 21, 1999 BACKGROUND: Recent state legislation enacted in regard to the preservation of eight (8) very -low income apartment rental complexes requires that a public hearing be held for citizen input on whether the allocation of low-income housing tax credits meets a community housing need. A copy of the transcript of the public hearing must be provided to the Montana Board of Housing (MBOH) prior to the issuance of the tax credits. Under this new legislation, Hampstead Partners, Inc. and their various non-profit partners are able to seek removal of these properties from the tax rolls if they receive tax credits from MBOH and the units are rented only to individuals at 50% and below the HUD established medium income. RECOMMENDATION: Staff transcribes the public hearing minutes and forwards them to the Montana Board of Housing. FISCAL EFFECTS: Big Sky Manor will receive a $2,739 exemption of city taxes and continue to pay $405 for storm sewer, lighting and special assessments. Valley View will receive a $1,746 exemption in city taxes and continue to pay $1,746 for storm sewer and special assessments. The very -low income residents at these sites will continue to receive Section 8 Rental Assistance which guarantees the individuals or families pay no more than 30% of their gross monthly income for both rent and utilities. ALTERNATIVES: As suggested by the Council. Respectfully submitted, S san Moyer, Planning, Economic and Community Development Chris A. Kukulski, City Manager Post Office Box 1997 - Kalispell, Montana 59903-19 p� 1an1LUe Telephone (406) 758-7700 - FAX (406) 758-7758 To: The Daily Inter Lake Attention: Dorothy Glencross, Legal Clerk Fax No.: 752-6114 Please publish the following legal advertisement on June,ff, 1999 and June 1999 �CX]�X1C iC iC iC )F� CITY OF KALISPELL MONTANA NOTICE OF INTENTION TO HOLD A PUBLIC HEARING ON WHETHER BIG SKY MANOR AND VALLEY VIEW APARTMENTS MEET A COMMUNITY HOUSING NEED. Northwest Montana Human Resources (a private non-profit) and Hampstead Partners (a private for -profit) hereinafter referred to as HP/NWMHRI Limited Partnerships are applying for tax credits for the above listed two apartment complexes in Kalispell, Montana. Notice is hereby given that the City of Kalispell, Montana, intends to hold a public hearing to gather public comment as to whether these two properties meet community housing need. The public hearing will be held in City Council Chambers located at 312 First Avenue East, Kalispell, Montana, during the course of the normally scheduled City Council meeting at 7:00 p.m. on June 21, 1999. All interested citizens are encouraged to attend. Reasonable accommodations will be made to enable individuals with disabilities to attend this meeting. Please notify Theresa White, Clerk of Council at 758-7756. Copies of Senate Bill No. 167 are available at the office of Planning, Economic and Community Development, 248 Third Avenue East, Kalispell, Montana 59901. C�- Chris A. Kukulski i� City Manager Publish: June,K,, 1999 and June K, 1999 Please bill to: Planning, Economic and Community Development City of Kalispell P. O. Box 1997 Kalispell, MT 59903 An Affidavit of Publication must accompany the billing. C:\myfiles\affordablehousing\MBOH To: The Daily Inter Lake Attention: Dorothy Glencross, Legal Clerk Fax No.: 752-6114 Please publish the following legal advertisement on June;; 1999 and June 1999 CITY OF KALISPELL MONTANA NOTICE OF INTENTION TO HOLD A PUBLIC HEARING ON WHETHER BIG SKY MANOR AND VALLEY VIEW APARTMENTS MEET A COMMUNITY HOUSING NEED. Northwest Montana Human Resources (a private non-profit) and Hampstead Partners (a private for -profit) hereinafter referred to as HP/NWMHRI Limited Partnerships are applying for tax credits for the above listed two apartment complexes in Kalispell, Montana. Notice is hereby given that the City of Kalispell, Montana, intends to hold a public hearing to gather public comment as to whether these two properties meet community housing need. The public hearing will be held in City Council Chambers located at 312 First Avenue East, Kalispell, Montana, during the course of the normally scheduled City Council meeting at 7:00 p.m. on June 21, 1999. All interested citizens are encouraged to attend. Reasonable accommodations will be made to enable individuals with disabilities to attend this meeting. Please notify Theresa White, Clerk of Council at 758-7756. Copies of Senate Bill No. 167 are available at the office of Planning, Economic and Community Development, 248 Third Avenue East, Kalispell, Montana 59901. _ A � Chris A. Kukulski I D /S' City Manager Publish: JuneX, 1999 and June Al, 1999 ■■mmmmmmu mmmmmmmmmmmmmmmemmmmmmmmmmmmmmmmmmmmm a mmm ummmmmmmmmmmmmmmmmmmmmmmm� Please bill to: Planning, Economic and Community Development City of Kalispell P. O. Box 1997 Kalispell, MT 59903 An Affidavit of Publication must accompany the billing. C:\myfiles\affordablehousing\MBOH To: The Daily Inter Lake Fax: 752-6114 Attention Display Ad Department PLEASE PUBLISH IN A BOX DISPLAY AD ON SUNRAY, JUNE 2091999. PUBLIC HEARING REMINDER On Monday, June 21, 1999, the City of Kalispell will conduct a public hearing to solicit public comment on whether the allocation of low-income housing tax credits to the proposed limited partnership owners of Big Sky Manor and Valley View Apartments meets a community housing need. Citizen input is encouraged. The public hearing will be incorporated into the regularly scheduled C City Council meeting at 7:00 p.m. on Monday, June 21, 1999, at 312 First Avenue East, Kalispell, MT. Reasonable accommodations will be made to -enable individuals with disabilities to attend this meeting. Please notify, Theresa White.. Clerk of Council, at'/'58-7756. 1 0 0 8 a 0 0 a 0 H 0 a a M M a E E E a 0 0 § d a E S 0 0 M M M M V 9 0 a a 0 a M M M a a U a ff M a a M M 1 0 0 N 0 a a a a a a 0 a 0 a 5 X a a 1 0 8 0 0 0 a a a R a a Please bill to: Planning, Economic and Community Development City of Kalispell P. O. Box 1997 Kalispell, MT 59903 C:myfiles\affordablehousing\mboh