[PAGE 1] City of Owatonna HRA Board Regular Meeting Monday, April 22, 2024 4:00 p.m. City Hall / Small Conference Room 120 Preliminary Agenda 1. HRA Board Agenda - 4/22/2024 Documents: 1. APRIL MEETING AGENDA.PDF 2. Roll Call: Dotson, Fiske, Hole, Olivo, Schultz 3. Executive Director's Report 4. Old Business 4.I. Board Memorandum Documents: 3. BOARD MEMORANDUM 4.22.2024.PDF 4.II. Balance Sheets Documents: 4. BALANCE SHEETS.PDF 4.III. Income Statements Documents: 5. INCOME STATEMENTS.PDF 4.IV. HCV - MS Demographics Documents: 6. HCV- MS DEMOGRAPHICS.PDF 4.V. Bridges Demographics Documents: 7. BRIDGES DEMOGRAPHICS.PDF 4.VI. Current Mainstream Voucher Updates 4.VII. Current Bridges Updates 5. New Business 5.I. Payment Standards 5.II. Utility Allowances 6. Other 6.I. Next Meeting Is A Holiday. 7. Adjourn Next Scheduled Meeting: May 27, 2024, is Memorial Day Please inform Ghassan Madkour as soon as possible whether you will be able to attend at ghassan.madkour@owatonna.gov or 507-774-7318. [PAGE 2] City of Owatonna HRA Board Regular Meeting Monday, April 22, 2024 4:00 p.m. City Hall / Small Conference Room 120 Preliminary Agenda 1. HRA Board Agenda - 4/22/2024 Documents: 1. APRIL MEETING AGENDA.PDF 2. Roll Call: Dotson, Fiske, Hole, Olivo, Schultz 3. Executive Director's Report 4. Old Business 4.I. Board Memorandum Documents: 3. BOARD MEMORANDUM 4.22.2024.PDF 4.II. Balance Sheets Documents: 4. BALANCE SHEETS.PDF 4.III. Income Statements Documents: 5. INCOME STATEMENTS.PDF 4.IV. HCV - MS Demographics Documents: 6. HCV- MS DEMOGRAPHICS.PDF 4.V. Bridges Demographics Documents: 7. BRIDGES DEMOGRAPHICS.PDF 4.VI. Current Mainstream Voucher Updates 4.VII. Current Bridges Updates 5. New Business 5.I. Payment Standards 5.II. Utility Allowances 6. Other 6.I. Next Meeting Is A Holiday. 7. Adjourn Next Scheduled Meeting: May 27, 2024, is Memorial Day Please inform Ghassan Madkour as soon as possible whether you will be able to attend at ghassan.madkour@owatonna.gov or 507-774-7318. [PAGE 3] Regular Meeting Monday, April 22, 2024 4:00 PM City Hall/Crandall Small Conference Room 120 Preliminary Agenda 1. Roll Call: Dotson, Fiske, Hole, Olivo, Schultz 2. Approval of Meeting Minutes from March 25, 2024 3. Executive Directors Report: 4. Old Business: a. Current Housing Choice Vouchers Updates b. Current Mainstream Voucher Updates c. Current Bridges Updates 5. New Business: a. Payment Standards b. Utility allowances 6. Other: Next meeting is a Holiday. 7. Adjourn Next scheduled meeting, May 27, 2024, is Memorial Day Please inform Ghassan Madkour as soon as possible whether you will be able to attend at ghassan.madkour@owatonna.gov or 507-774-7318. OWATONNA HOUSING & REDEVELOPMENT AUTHORITY 540 WEST HILLS CIRCLE | OWATONNA, MN 55060-4701 | OWATONNA.GOV [PAGE 4] MEMORANDUM TO: OWATONNA HOUSING AND REDEVELOPMENT AUTHORITY BOARD FROM: GHASSAN MADKOUR, HOUSING MANAGER SUBJECT: MONTHLY DEMOGRAPHICAL AND FINANCIAL DATA DATE: APRIL 22, 2024 The purpose of this memorandum is to provide the Owatonna Housing and Redevelopment Authority with demographic and financial data on the HRA General Fund, Housing Choice Voucher, Mainstream Voucher, and Bridges Voucher programs. OWATONNA HRA GENERAL FUND YTD Revenues: $135,612.79 YTD Expenses: $120,365.37 Fund Balance: $674,123.01 MHFA BRIDGES PROGRAM Monthly HAP Revenue $16,993.00 Monthly Admin Revenue $1,860.00 Monthly Expense $18,853.00 Occupancy: 29 Average HAP: $585.97 COUNTY BRIDGES PROGRAM Monthly HAP Revenue $5,014.00 Monthly HAP Expense $5,014.00 Occupancy: 9 Average HAP: $557.11 MAINSTREAM VOUCHER PROGRAM Monthly HAP Revenue $14,487.00 Monthly HAP Expense $14,487.00 Occupancy: 32 out of 40 vouchers Average HAP: $452.79 SECTION 8 HOUSING CHOICE VOUCHER PROGRAM YTD Revenue: $231,513.42 YTD Expense: $242,434.91 Total Cash Balance: $191,750.14 Households in Steele Co: 101 Average HAP: $526.69 Households Portable Out: 4 Average HAP: $868.40 Total Assisted Households: 109 out of 113 vouchers Households Ported In Billing: 5 Requested Action: The Board is asked to review and approve the monthly reports and program expenditures. [PAGE 5] . glpblsh2 rmoen 04/17/24 13:32 Page 1 City of Owatonna Balance Sheet Fund: 280 OWATONNA HRA Period Ending: 3/2024 Account Number Description Debit Credit 280-10100-000-000-000000 CASH 377,836.66 280-10400-000-000-000000 INVESTMENTS 50,000.00 280-10700-000-000-000000 TAXES REC - DELINQUENT 1,370.35 280-11500-000-000-000000 ACCOUNTS RECEIVABLE 2,655.00 280-12900-000-000-000000 LOANS RECEIVABLE 6,170.00 280-13200-000-000-000000 DUE FROM OTHER GOVERNMENTS 51,883.00 280-14200-000-000-000000 LAND HELD FOR RESALE 184,208.00 280-20100-000-000-000000 ACCOUNTS PAYABLE -2,727.00 280-22015-000-000-000000 DEPOSITS - OTHER -2,000.00 280-22200-000-000-000000 UNAVAILABLE REVENUE -8,170.00 280-22210-000-000-000000 UNAVAILABLE REVENUE - TAXES -1,370.35 280-29300-000-000-000000 FUND BALANCE -644,608.24 Current Year Revenue/Expense -15,247.42 _________________ _________________ Fund totals: 674,123.01 -674,123.01 [PAGE 6] . glpblsh2 rmoen 04/17/24 13:32 Page 2 City of Owatonna Balance Sheet Fund: 282 OWATONNA HRA HUD SECTION 8 Period Ending: 3/2024 Account Number Description Debit Credit 282-10100-000-000-000000 CASH 100,492.89 282-10150-000-000-000000 RESTRICTED CASH - FSS DEPOSITS 25,338.13 282-13200-000-000-000000 DUE FROM OTHER GOVERNMENTS 54,997.63 282-20100-000-000-000000 ACCOUNTS PAYABLE -23,327.19 282-22250-000-000-000000 FSS DEPOSITS -25,338.13 282-29300-000-000-000000 FUND BALANCE -143,084.82 Current Year Revenue/Expense 10,921.49 _________________ _________________ Fund totals: 191,750.14 -191,750.14 ******* End of Report ********* [PAGE 7] HRA General Fund Account Description Year MTD Budget Actual 280-31000-680-680-000000 PROPERTY TAXES - 200,000.00 - 16,600.00 280-31030-680-680-000000 MOBILE HOME TAX 280-33622-680-680-000000 STEELE COUNTY - HOUS - 55,000.00 - 5,014.00 280-34109-680-680-000000 OTHER REVENUE 280-34120-680-680-000000 HUD - SEC 8 MGMT FEE - 7,500.00 280-34950-680-680-000000 TIF ADMINISTRATIVE F - 5,638.00 280-36210-680-680-000000 INTEREST EARNINGS - 4,000.00 - 1,454.81 280-36220-680-680-000000 RENT/RENTALS - 36,000.00 - 1,000.00 280-33426-680-681-000000 STATE - HOUSING BRID - 253,250.00 - 16,993.00 280-33427-680-681-000000 STATE - HOUSING BRID - 18,000.00 - 1,860.00 - 579,388.00 - 42,921.81 280-41000-680-680-000000 WAGES - REGULAR FT 99,801.00 11,515.08 280-41300-680-680-000000 WAGES - OT 280-41410-680-680-000000 PERA 7,485.00 867.69 280-41420-680-680-000000 FICA 7,635.00 854.07 280-41500-680-680-000000 INSURANCE 16,064.00 1,412.83 280-41550-680-680-000000 WORKERS COMP INSURAN 569.00 65.92 280-42000-680-680-000000 OFFICE SUPPLIES 1,200.00 88.58 280-43010-680-680-000000 OTHER PROFESSIONAL S 10,000.00 280-43018-680-680-000000 BACKGROUND CHECKS 1,300.00 200.00 280-43121-680-680-000000 PHONE 900.00 41.24 280-43122-680-680-000000 POSTAGE 1,300.00 136.12 280-43220-680-680-000000 TRAVEL & TRAINING 2,700.00 280-43250-680-680-000000 OPERATIONAL SERVICES 4,000.00 280-43320-680-680-000000 ADVERTISING & PROMOT 200.00 280-43400-680-680-000000 MEMBERSHIPS & SUBSCR 900.00 280-43500-680-680-000000 PROPERTY & LIABILITY 4,400.00 280-43711-680-680-000000 RENTAL PROPERTY EXPE 6,900.00 214.84 280-43720-680-680-000000 REPAIR & MAINT - EQU 500.00 280-43780-680-680-000000 REPAIR & MAINT - OTH 280-43972-680-680-000000 SOUTHERN MN INITIATI 1,667.00 280-43983-680-680-000000 HOUSING PAYMENTS - S 55,000.00 5,014.00 280-43994-680-680-000000 LAND PROJECTS 45,600.00 280-43996-680-680-000000 RENTAL CERTIFICATION 25,000.00 2,083.00 280-47000-680-680-000000 TRANSFER TO OTHER FU 15,000.00 1,250.00 280-43989-680-681-000000 HOUSING PAYMENTS - B 271,250.00 17,143.00 579,371.00 40,886.37 [PAGE 8] HRA Housing Choice Vouchers Fund Account Description Year MTD Budget Actual 282-33111-680-682-000000 FEDERAL - PROGRAM - 749,722.00 - 54,941.00 282-33112-680-682-000000 FEDERAL - ADMIN - 75,833.00 - 6,411.00 282-33113-680-682-000000 FEDERAL - PROGRAM (M - 11,899.00 282-33114-680-682-000000 FEDERAL - ADMIN (MS) - 2,705.00 282-33160-680-682-000000 FEDERAL - OTHER - 170,000.00 282-33627-680-682-000000 OTHER HA - PORT IN H - 100,000.00 - 2,846.00 282-33628-680-682-000000 OTHER HA - PORT IN A - 8,000.00 - 266.39 282-33629-680-682-000000 OTHER HA-PORT IN UTI - 1,000.00 282-36007-680-682-000000 FRAUD RECOVERY - HAP - 2,500.00 - 47.50 282-36008-680-682-000000 FRAUD RECOVERY - ADM - 2,500.00 - 47.50 282-36210-680-682-000000 INTEREST EARNINGS - 500.00 - 72.85 - 1,110,055.00 - 79,236.24 282-41000-680-682-000000 WAGES - REGULAR FT 47,486.00 5,479.20 282-41410-680-682-000000 PERA 3,561.00 403.55 282-41420-680-682-000000 FICA 3,633.00 393.24 282-41500-680-682-000000 INSURANCE 11,280.00 813.35 282-41550-680-682-000000 WORKERS COMP INSURAN 271.00 30.67 282-43001-680-682-000000 AUDIT & ACCOUNTING S 11,500.00 282-43007-680-682-000000 MANAGEMENT FEES 7,500.00 282-43012-680-682-000000 PORT OUT ADMIN 1,000.00 212.12 282-43220-680-682-000000 TRAVEL & TRAINING 600.00 282-43953-680-682-000000 MAINSTREAM HAP 170,000.00 14,487.00 282-43954-680-682-000000 MS PORT OUT 2,200.00 282-43955-680-682-000000 MS PORT OUT ADMIN 800.00 282-43956-680-682-000000 MS PORT OUT UA 200.00 282-43957-680-682-000000 MS UTILITY PAYMENTS 282-43961-680-682-000000 PORT OUT UA 752.00 282-43963-680-682-000000 HOME OWNERSHIP HAP 12,000.00 933.00 282-43981-680-682-000000 HOUSING PYMTS HAP 749,722.00 51,995.00 282-43985-680-682-000000 UTILITY PYMTS HAP 2,000.00 139.00 282-43986-680-682-000000 PORTABLE HSG PYMTS 15,000.00 4,342.00 282-43987-680-682-000000 PORTABLE UTIL PYMTS 550.00 282-43988-680-682-000000 PORTABLE REC HAP 70,000.00 2,301.00 1,110,055.00 81,529.13 [PAGE 9] YTD 3/31/24 Budget Actual Balance - 49,800.00 - 150,200.00 - 13,670.00 - 41,330.00 - 7,500.00 - 5,638.00 - 4,032.79 32.79 - 4,000.00 - 32,000.00 - 57,930.00 - 195,320.00 - 6,180.00 - 11,820.00 - 135,612.79 - 443,775.21 26,692.81 73,108.19 2,016.57 5,468.43 1,967.91 5,667.09 4,246.96 11,817.04 153.20 415.80 171.90 1,028.10 10,000.00 325.00 975.00 123.72 776.28 414.12 885.88 152.62 2,547.38 4,000.00 200.00 399.95 500.05 1,100.00 3,300.00 629.61 6,270.39 500.00 1,667.00 13,392.00 41,608.00 45,600.00 6,253.00 18,747.00 3,750.00 11,250.00 58,576.00 212,674.00 120,365.37 459,005.63 [PAGE 10] YTD 3/31/24 Budget Actual Balance - 156,771.00 - 592,951.00 - 19,233.00 - 56,600.00 - 37,591.00 37,591.00 - 8,115.00 8,115.00 - 170,000.00 - 7,386.00 - 92,614.00 - 691.79 - 7,308.21 - 1,000.00 - 516.50 - 1,983.50 - 516.50 - 1,983.50 - 692.63 192.63 - 231,513.42 - 878,541.58 12,682.40 34,803.60 926.58 2,634.42 890.22 2,742.78 2,431.32 8,848.68 70.43 200.57 4,252.50 7,247.50 7,500.00 495.21 504.79 42.25 557.75 42,317.00 127,683.00 2,200.00 800.00 200.00 752.00 2,689.00 9,311.00 156,480.00 593,242.00 681.00 1,319.00 11,636.00 3,364.00 550.00 6,841.00 63,159.00 242,434.91 867,620.09 [PAGE 11] Date: 04/19/2024 Owatonna H.R.A. Page: 1 Time: 11:17:41 Demographic Statistics Report Vouchers - All Projects Unit Locations HoH Count Percent Fam Count Percent 5 4 12 4 Blooming Prairie 1 1 1 0 Ellendale 1 1 1 0 Owatonna 131 95 254 95 Total All Locations 138 100 268 100 Family Composition Count Percent Avg Age Average Family Size 2 (cid:13) Elderly Heads of Household (age 62 or older) 27 20 70 Non-Elderly Heads of Household (age 61 or less) 111 80 45 Near-Elderly Heads of Household (ages 55 to 61) 26 19 58 Other Heads of Household (age 54 or less) 85 62 41 (cid:13) Female Heads of Household 106 77 49 Elderly 23 22 71 Non-Elderly 83 78 43 Near-Elderly 14 13 58 Other 69 65 40 (cid:13) Male Heads of Household 32 23 52 Elderly 4 13 64 Non-Elderly 28 88 50 Near-Elderly 12 38 57 Other 16 50 45 (cid:13) Disabled/Handicapped Heads of Household 86 62 55 Male 28 33 51 Female 58 67 55 (cid:13) Non-Minority Heads of Household 93 67 Minority Heads of Household 45 33 Black/African American 36 26 Hispanic 9 7 (cid:13) # of Family Members younger than 18 years 100 11 # of Families with children 48 35 Income Source Annual Amount Percent Count Percent Child Support $47,135 1.7 20 6 Federal Wage $1,620 0.1 1 0 General Assistance $312,619 11.5 105 31 Military Pay $1,991 0.1 1 0 Other Nonwage Sources $174,880 6.4 30 9 SSI $779,318 28.7 71 21 Social Security $515,352 19.0 56 16 TANF (formerly AFDC) $7,200 0.3 3 1 Other Wage $874,916 32.2 57 17 Total All Income Sources $2,715,033 100 344 100 (cid:13) Public Assistance is the sole source of income for 4% of households. Households that are working comprise 35% of households. Of the working households, 2% of households also receive TANF. (cid:13) Average Household Income $19,674 Average Tenant Rent (0-Bdrm) $533 Average Tenant Rent (1-Bdrm) $331 Average Tenant Rent (2-Bdrm) $341 Average Tenant Rent (3-Bdrm) $469 Average Tenant Rent (4-Bdrm) $521 Average Tenant Rent (5-Bdrm) $666 Average Tenant Rent (Combined) $362 [PAGE 12] Date: 04/19/2024 Owatonna H.R.A. Page: 2 Time: 11:17:41 Demographic Statistics Report Vouchers - All Projects Average TTP (rent + utilities per month) $376 Average Housing Assistance Payment $501 Length of Time On Program Count Percent Less than 1 years 34 26 Less than 2 years 28 21 Less than 3 years 16 12 Less than 4 years 7 5 Less than 5 years 3 2 Less than 6 years 3 2 Less than 7 years 0 0 Less than 8 years 5 4 Less than 9 years 9 7 Less than 10 years 6 5 More than 10 years 22 17 Broad Range of Income Count Percent $0 - $5,000 2 1 $5,000 - $10,000 7 5 $10,000 - $15,000 42 31 $15,000 - $20,000 36 26 $20,000 - $25,000 17 13 More than $25,000 32 24 Income Levels Count Percent Over Income 138 100 [PAGE 13] Date: 04/19/2024 Owatonna H.R.A. Page: 1 Time: 11:15:44 Demographic Statistics Report Bridges - All Projects Unit Locations HoH Count Percent Fam Count Percent Blooming Prairie 1 3 3 4 Ellendale 1 3 3 4 Owatonna 31 82 70 86 Waseca 4 11 4 5 West Concord 1 3 1 1 Total All Locations 38 100 81 100 Family Composition Count Percent Avg Age Average Family Size 2 (cid:13) Elderly Heads of Household (age 62 or older) 2 5 67 Non-Elderly Heads of Household (age 61 or less) 36 95 40 Near-Elderly Heads of Household (ages 55 to 61) 5 13 58 Other Heads of Household (age 54 or less) 31 82 37 (cid:13) Female Heads of Household 25 66 39 Elderly 1 4 72 Non-Elderly 24 96 37 Near-Elderly 1 4 59 Other 23 92 36 (cid:13) Male Heads of Household 13 34 47 Elderly 1 8 62 Non-Elderly 12 92 45 Near-Elderly 4 31 58 Other 8 62 39 (cid:13) Disabled/Handicapped Heads of Household 11 29 43 Male 7 64 48 Female 4 36 43 (cid:13) Non-Minority Heads of Household 26 68 Minority Heads of Household 12 32 Black/African American 4 11 American Indian/Alaska Native 2 5 Asian/Pacific Islander 1 3 Hispanic 5 13 (cid:13) # of Family Members younger than 18 years 38 8 # of Families with children 17 45 Income Source Annual Amount Percent Count Percent Child Support $31,884 4.2 10 12 General Assistance $179,508 23.5 41 51 Other Nonwage Sources $9,768 1.3 1 1 SSI $74,364 9.8 7 9 Social Security $85,044 11.2 7 9 Other Wage $382,127 50.1 15 19 Total All Income Sources $762,695 100 81 100 (cid:13) Public Assistance is the sole source of income for 13% of households. Households that are working comprise 37% of households. Of the working households, 0% of households also receive TANF. (cid:13) Average Household Income $20,071 Average Tenant Rent (0-Bdrm) $290 Average Tenant Rent (1-Bdrm) $240 Average Tenant Rent (2-Bdrm) $307 Average Tenant Rent (3-Bdrm) $653 Average Tenant Rent (4-Bdrm) $656 Average Tenant Rent (Combined) $387 Average TTP (rent + utilities per month) $389 [PAGE 14] Date: 04/19/2024 Owatonna H.R.A. Page: 2 Time: 11:15:44 Demographic Statistics Report Bridges - All Projects Average Housing Assistance Payment $515 Length of Time On Program Count Percent Less than 1 years 17 45 Less than 2 years 16 42 Less than 3 years 4 11 Less than 4 years 0 0 Less than 5 years 0 0 Less than 6 years 0 0 Less than 7 years 0 0 Less than 8 years 0 0 Less than 9 years 1 3 Less than 10 years 0 0 More than 10 years 0 0 Broad Range of Income Count Percent $0 - $5,000 1 3 $5,000 - $10,000 2 6 $10,000 - $15,000 10 29 $15,000 - $20,000 8 23 $20,000 - $25,000 7 20 More than $25,000 7 20 Income Levels Count Percent Over Income 38 100