Live reporting by
Benjamin Haddix
Resolution #3243, submitting a HUD the Rental Assistance Demonstration (RAD) Financial Plan for all 10 Gardenview Estates Properties, was approved.
Bhx
@BhxDetroit
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08:59 AM Jun 27, 2024 CDT
Here is source the source website with links to agenda and zoom link to participate:
dhcmi.org/regular-board-…
The meeting remains in closed session. I am linking an article from Outlier that speaks to the Villages at Parkside housing complex, and the DHC's relationship with private developers, and specifically Ginosko – which will be updated on in item VII in the agenda
The closed session has now ended and we are back (per the agenda, closed session was supposed to end at 10:30)
The commission has agreed to submit the Detroit Housing Commission's Designated Housing Plan to the U.S. Department of Housing and Urban Development (VI action item #1 in the agenda)
The commission is currently discussing renewing YARDI systems (for their internal tech platform, I'm gathering).
And they DO renew the contract (VI action item #2 in the agenda). Some interesting discussion regarding the challenges of communicating with various organizations who use different platforms for their digital interactions and for organizing information.
Submitting to HUD the Rental Assistance Demonstration (RAD) Financial Plan for all 10 Gardenview Estates Properties (Non-Leveraged / No Debt RAD conversation) is being strongly advocated for by the Gardenview Estates property managers
A lot of discussion regarding RAD (Rental Assistance Demonstration). The tension with the commission seems to be that ultimately they feel RAD does not benefit their longterm goals of sustainably providing low-income housing in Detroit.
Seemingly they approve out of a feeling that in this particular situation they have little choice but to approve, suggesting that among the options they have none are ideal
The developers, who presented and were part of the discussion, are advocating for RAD for Gardenview, and are essentially implying that they will not be able to maintain the properties unless they have avenues to avoid owing more money
(this may hyperbolic for this situation, but this and other recent situations is making me wonder: how easy is it for developers to just able to hold cities hostage and get tax payers to pay for everything??
If you believe anything in these notes is inaccurate, please email us at documenters@outliermedia.org with “Correction Request” in the subject line.
This concludes my coverage of the Detroit Housing Commission meeting. Learn more about our coverage of local meetings here:
Documenters.org