Fiscal Note
The City (including the CDA) does not envision, nor has included in its operating or capital budgets, any proposed expenditures related to the operations of a Single Room Occupancy housing development. The 2014 Adopted Capital Budget of the Planning and Community and Economic Development agency (PCED) does include $300,000 in General Obligation borrowing in 2014 for planning and pre-development costs for a two-phase development of up to 100 to 110 apartments for homeless adults, and funding of $3,900,000 in 2015/16 in anticipation of construction. Sufficient capital funding for the project is dependent upon Section 42 tax credit credits (PCED capital project No. 35, "SRO Study," Acc't. No. 810798). A successful Section 42 tax credit application will require, in part, a demonstration that both a qualified project developer and project operator are part of the project in order to ensure residents are properly served. Therefore, the selection of these service providers represents a step that may help lead to project fruition.
Title
Recommending the selection of Heartland Housing, Inc. and Heartland Health Outreach for the provision of property management, case management and supportive services for permanent supportive housing for adults that are homeless or at high risk of homelessness.
Body
WHEREAS, on March 19, 2013 the Council passed resolution number 13-00226 directing Planning, Community Development and CDA staff to explore locations, financing, and partnership options for the development of additional single-room occupancy housing for very low income people within the City of Madison (the “SRO Report”); and
WHEREAS, in June of 2013 staff submitted the SRO Report and after review and comments by the Housing Strategy Committee, the CDA, and the CDBG Committee, the Council accepted the SRO Report; and
WHEREAS, on October 17, 2013 the Council passed Resolution No. RES 13 00804 directing the CDA to draft and issue a request for qualificati...
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