[PAGE 1]
City of Owatonna
HRA Board
Regular Meeting
Monday, March 25, 204
4:00 p.m.
City Hall / Crandall Small Conference Room 120
Preliminary Agenda
1. HRA Board Agenda - 3/25/2024
Documents:
1. MARCH MEETING AGENDA.PDF
2. Roll Call: Dotson, Fiske, Hole, Olivo, Schultz
3. Approval Of Meeting Minutes From February 26, 2024
Documents:
2. HRA MINUTES 02-26-2024.PDF
4. Executive Director's Report
5. Old Business
5.I. Board Memorandum
Documents:
3. BOARD MEMORANDUM 3.25.2024.PDF
5.II. Balance Sheet
Documents:
4. BALANCE SHEET.PDF
5.III. Income Statements
Documents:
5. INCOME STATEMENTS.PDF
5.IV. HUD Demographics
Documents:
6. HUD DEMOGRAPHICS.PDF
5.V. Bridges Demographics
Documents:
7. BRIDGES DEMOGRAPHICS.PDF
5.VI. Current Mainstream Voucher Updates
5.VII. Current Bridges Updates
6. New Business
7. Other
7.I. Housing Trust Fund Status
8. Adjourn
Next scheduled meeting: April 22, 2024
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, March 25, 204
4:00 p.m.
City Hall / Crandall Small Conference Room 120
Preliminary Agenda
1. HRA Board Agenda - 3/25/2024
Documents:
1. MARCH MEETING AGENDA.PDF
2. Roll Call: Dotson, Fiske, Hole, Olivo, Schultz
3. Approval Of Meeting Minutes From February 26, 2024
Documents:
2. HRA MINUTES 02-26-2024.PDF
4. Executive Director's Report
5. Old Business
5.I. Board Memorandum
Documents:
3. BOARD MEMORANDUM 3.25.2024.PDF
5.II. Balance Sheet
Documents:
4. BALANCE SHEET.PDF
5.III. Income Statements
Documents:
5. INCOME STATEMENTS.PDF
5.IV. HUD Demographics
Documents:
6. HUD DEMOGRAPHICS.PDF
5.V. Bridges Demographics
Documents:
7. BRIDGES DEMOGRAPHICS.PDF
5.VI. Current Mainstream Voucher Updates
5.VII. Current Bridges Updates
6. New Business
7. Other
7.I. Housing Trust Fund Status
8. Adjourn
Next scheduled meeting: April 22, 2024
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, March 25, 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 February 26, 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:
6. Other:
a. Housing Trust Fund status
7. Adjourn
Next scheduled meeting, April 22, 2024
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]
MINUTES
OWATONNA HOUSING AND REDEVELOPMENT AUTHORITY
REGULAR MEETING on FEBRUARY 26, 2024
The regular meeting of the Owatonna Housing and Redevelopment Authority was called to order at 4:00
p.m. in the Crandall Small Conference Room 120 by Chairperson Olivo.
Members present were Nathan Dotson, Julie Fiske, Vicki Olivo, and Lindsay Schultz. Member John Hole
was absent. Also present were Housing Manager Ghassan Madkour and Administrative Technician
Kristen Kopp.
Approval of the Minutes: A motion was made by Fiske and seconded by Dotson to approve the minutes
of the January 22, 2024, HRA Board meeting. All Commissioners voting Aye, the motion carried.
Executive Director’s Report: Ghassan Madkour said that the citywide housing group is putting together
one piece of the required application for the Eastgate 2 tax-credit project. The HRA will be assisting with
the application, so the application can receive the points needed for tax-credit qualification. Also, Troy
Klecker is working with Brad Meyer to hopefully get local businesses with assistance as well. A meeting
is planned for mid-March.
Old Business: Madkour said we asked for five to seven housing stability vouchers months ago. These
vouchers are specific for homeless people. About two weeks ago, he received an email that funds are not
available. He will get in touch with someone to clarify if this means that vouchers are not available. More
information to come.
The Housing Choice Voucher program monthly report was presented by Madkour, including the City of
Owatonna monthly balance sheet and revenue/expense report. Program utilization: The Housing Voucher
program for January totaled 104. Total year to date assistance and administration costs were $81,476.53
and revenues were $75,208.51. The Housing Choice Voucher Program fund balance at January month
end is $164,348.46. The HRA Revenues year to date total is $45,522.00 and the expenses total
$39,686.78. The HRA General Fund balance is $633,128.58.
Madkour said that he’s having issues with some clients that he’s had to terminate. He said he would
rather put a termination letter in and give them a 30-day notice with an appeal notice. We can always
issue the voucher again. It empowers them to move forward properly. He has two clients he’s terminated
because of repeated violations.
We’re serving 31 clients under the MN Housing Bridges Program (3 more are being serviced in Mower
County). The Bridges County Grant serves 9 clients.
There are five port outs under HCV. We’re at 104 vouchers out of 113, with 6 in the hopper. Once people
start coming off, he must keep them off and not replace them because of the tax credit project coming up.
We should know within the next year to year and a half if we will receive tax credits for Eastgate 2.
Madkour said there are 31 clients on the Mainstream Program. He’s doing an orientation for two HCV and
four Mainstream on Friday morning. There are several clients for housing, too. He said people have 60
days up front with their voucher. He said he’d like to have Mainstream filled with 40 vouchers by
summertime.
January was the first month that we surpassed $100,000 in HAP (housing assistance payments).
A motion was made by Dotson and seconded by Schultz to approve the reports as presented. All
Commissioners voting Aye, the motion carried.

[PAGE 5]
Adjournment: There being no further business, a motion to adjourn was made by Dotson and seconded
by Schultz. All Commissioners voting Aye, the motion carried. The meeting adjourned at 4:38 pm.
Respectfully Submitted,
Ghassan Madkour
Housing Manager

[PAGE 6]
MEMORANDUM
TO: OWATONNA HOUSING AND REDEVELOPMENT AUTHORITY BOARD
FROM: GHASSAN MADKOUR, HOUSING MANAGER
SUBJECT: MONTHLY DEMOGRAPHICAL AND FINANCIAL DATA
DATE: MARCH 25, 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: $90,113.00
YTD Expenses: $79,334.01
Fund Balance: $637,818.05
MHFA BRIDGES PROGRAM
Monthly HAP Revenue $19,302.00
Monthly Admin Revenue $2,040.00
Monthly Expense $21,342.00
Occupancy: 32
Average HAP: $603.19
COUNTY BRIDGES PROGRAM
Monthly HAP Revenue $4,649.00
Monthly HAP Expense $4,649.00
Occupancy: 8
Average HAP: $581.13
MAINSTREAM VOUCHER PROGRAM
Monthly HAP Revenue $12,846.00
Monthly HAP Expense $12,846.00
Occupancy: 31 out of 40 vouchers
Average HAP: $414.39
SECTION 8 HOUSING CHOICE VOUCHER PROGRAM
YTD Revenue: $76,448.89
YTD Expense: $81,284.63
Total Cash Balance: $164,767.01
Households in Steele Co: 100
Average HAP: $584.48
Households Portable Out: 4
Average HAP: $1,171.75
Total Assisted Households: 104 out of 113 vouchers
Households Ported In Billing: 4
Requested Action: The Board is asked to review and approve the monthly reports and program expenditures.

[PAGE 7]
.
glpblsh2 rmoen 03/22/24 17:15 Page 1
City of Owatonna
Balance Sheet
Fund: 280 OWATONNA HRA Period Ending: 2/2024
Account Number Description Debit Credit
280-10100-000-000-000000 CASH 319,392.63
280-10400-000-000-000000 INVESTMENTS 50,000.00
280-10700-000-000-000000 TAXES REC - DELINQUENT -163.65
280-12900-000-000-000000 LOANS RECEIVABLE 6,170.00
280-13200-000-000-000000 DUE FROM OTHER GOVERNMENTS 78,047.42
280-14200-000-000-000000 LAND HELD FOR RESALE 184,208.00
280-20100-000-000-000000 ACCOUNTS PAYABLE -2,438.14
280-22015-000-000-000000 DEPOSITS - OTHER -3,000.00
280-22200-000-000-000000 UNAVAILABLE REVENUE -6,170.00
280-22210-000-000-000000 UNAVAILABLE REVENUE - TAXES -588.61
280-29300-000-000-000000 FUND BALANCE -614,678.66
Current Year Revenue/Expense -10,778.99
_________________ _________________
Fund totals: 637,818.05 -637,818.05

[PAGE 8]
.
glpblsh2 rmoen 03/22/24 17:15 Page 2
City of Owatonna
Balance Sheet
Fund: 282 OWATONNA HRA HUD SECTION 8 Period Ending: 2/2024
Account Number Description Debit Credit
282-10100-000-000-000000 CASH 122,545.59
282-10150-000-000-000000 RESTRICTED CASH - FSS DEPOSITS 24,703.40
282-13200-000-000-000000 DUE FROM OTHER GOVERNMENTS 6,414.26
282-20100-000-000-000000 ACCOUNTS PAYABLE -2,716.01
282-22250-000-000-000000 FSS DEPOSITS -24,703.40
282-29300-000-000-000000 FUND BALANCE -137,347.60
Current Year Revenue/Expense 11,103.76
_________________ _________________
Fund totals: 164,767.01 -164,767.01
******* End of Report *********

[PAGE 9]
Description Year MTD YTD 2/29/24 Budget
Budget Actual Actual Balance
PROPERTY TAXES - 200,000.00 - 16,600.00 - 33,200.00 - 166,800.00
MOBILE HOME TAX
STEELE COUNTY - HOUS - 55,000.00 - 4,649.00 - 8,656.00 - 46,344.00
OTHER REVENUE
HUD - SEC 8 MGMT FEE - 7,500.00 - 7,500.00
TIF ADMINISTRATIVE F - 5,638.00 - 5,638.00
INTEREST EARNINGS - 4,000.00 - 4,000.00
RENT/RENTALS - 36,000.00 - 2,000.00 - 3,000.00 - 33,000.00
STATE - HOUSING BRID - 253,250.00 - 19,302.00 - 40,937.00 - 212,313.00
STATE - HOUSING BRID - 18,000.00 - 2,040.00 - 4,320.00 - 13,680.00
- 579,388.00 - 44,591.00 - 90,113.00 - 489,275.00
WAGES - REGULAR FT 99,801.00 7,676.73 15,177.73 84,623.27
WAGES - OT
PERA 7,485.00 579.81 1,148.88 6,336.12
FICA 7,635.00 562.51 1,113.84 6,521.16
INSURANCE 16,064.00 1,412.84 2,834.13 13,229.87
WORKERS COMP INSURAN 569.00 44.05 87.28 481.72
OFFICE SUPPLIES 1,200.00 83.32 83.32 1,116.68
OTHER PROFESSIONAL S 10,000.00 10,000.00
BACKGROUND CHECKS 1,300.00 125.00 125.00 1,175.00
PHONE 900.00 41.24 82.48 817.52
POSTAGE 1,300.00 133.01 1,166.99
TRAVEL & TRAINING 2,700.00 152.62 2,547.38
OPERATIONAL SERVICES 4,000.00 4,000.00
ADVERTISING & PROMOT 200.00 200.00
MEMBERSHIPS & SUBSCR 900.00 399.95 399.95 500.05
PROPERTY & LIABILITY 4,400.00 1,100.00 3,300.00
RENTAL PROPERTY EXPE 6,900.00 414.77 414.77 6,485.23
REPAIR & MAINT - EQU 500.00 500.00
REPAIR & MAINT - OTH
SOUTHERN MN INITIATI 1,667.00 1,667.00
HOUSING PAYMENTS - S 55,000.00 4,494.00 8,378.00 46,622.00
LAND PROJECTS 45,600.00 45,600.00
RENTAL CERTIFICATION 25,000.00 2,083.00 4,170.00 20,830.00
TRANSFER TO OTHER FU 15,000.00 1,250.00 2,500.00 12,500.00
HOUSING PAYMENTS - B 271,250.00 19,247.00 41,433.00 229,817.00
579,371.00 38,414.22 79,334.01 500,036.99

[PAGE 10]
Description Year MTD YTD 2/29/24 Budget
Budget Actual Actual Balance
FEDERAL - PROGRAM - 749,722.00 - 50,915.00 - 101,830.00 - 647,892.00
FEDERAL - ADMIN - 75,833.00 - 6,411.00 - 12,822.00 - 63,011.00
FEDERAL - PROGRAM (M - 12,846.00 - 25,692.00 25,692.00
FEDERAL - ADMIN (MS) - 2,705.00 - 5,410.00 5,410.00
FEDERAL - OTHER - 170,000.00 - 170,000.00
OTHER HA - PORT IN H - 100,000.00 - 2,848.00 - 4,540.00 - 95,460.00
OTHER HA - PORT IN A - 8,000.00 - 266.39 - 425.40 - 7,574.60
OTHER HA-PORT IN UTI - 1,000.00 - 1,000.00
FRAUD RECOVERY - HAP - 2,500.00 - 228.75 - 469.00 - 2,031.00
FRAUD RECOVERY - ADM - 2,500.00 - 228.75 - 469.00 - 2,031.00
INTEREST EARNINGS - 500.00 - 500.00
- 1,110,055.00 - 76,448.89 - 151,657.40 - 958,397.60
WAGES - REGULAR FT 47,486.00 3,652.80 7,203.20 40,282.80
PERA 3,561.00 266.57 523.03 3,037.97
FICA 3,633.00 253.54 496.98 3,136.02
INSURANCE 11,280.00 813.35 1,617.97 9,662.03
WORKERS COMP INSURAN 271.00 20.26 39.76 231.24
AUDIT & ACCOUNTING S 11,500.00 4,252.50 7,247.50
MANAGEMENT FEES 7,500.00 7,500.00
PORT OUT ADMIN 1,000.00 88.11 389.47 610.53
TRAVEL & TRAINING 600.00 42.25 557.75
MAINSTREAM HAP 170,000.00 14,894.00 27,883.00 142,117.00
MS PORT OUT 2,200.00 2,200.00
MS PORT OUT ADMIN 800.00 800.00
MS PORT OUT UA 200.00 200.00
MS UTILITY PAYMENTS
PORT OUT UA 752.00 752.00
HOME OWNERSHIP HAP 12,000.00 875.00 1,756.00 10,244.00
HOUSING PYMTS HAP 749,722.00 52,571.00 104,545.00 645,177.00
UTILITY PYMTS HAP 2,000.00 315.00 542.00 1,458.00
PORTABLE HSG PYMTS 15,000.00 4,687.00 8,930.00 6,070.00
PORTABLE UTIL PYMTS 550.00 550.00
PORTABLE REC HAP 70,000.00 2,848.00 4,540.00 65,460.00
1,110,055.00 81,284.63 162,761.16 947,293.84

[PAGE 11]
Date: 03/25/2024 Owatonna H.R.A. Page: 1
Time: 10:41:05 Demographic Statistics Report
Vouchers - All Projects
Unit Locations HoH Count Percent Fam Count Percent
5 4 12 4
Blooming Prairie 2 1 2 1
Ellendale 1 1 1 0
Owatonna 133 94 256 94
Total All Locations 141 100 271 100
Family Composition Count Percent Avg Age
Average Family Size 2
(cid:13)
Elderly Heads of Household (age 62 or older) 27 19 70
Non-Elderly Heads of Household (age 61 or less) 114 81 45
Near-Elderly Heads of Household (ages 55 to 61) 29 21 58
Other Heads of Household (age 54 or less) 85 60 41
(cid:13)
Female Heads of Household 108 77 50
Elderly 23 21 71
Non-Elderly 85 79 44
Near-Elderly 17 16 58
Other 68 63 40
(cid:13)
Male Heads of Household 33 23 52
Elderly 4 12 64
Non-Elderly 29 88 50
Near-Elderly 12 36 57
Other 17 52 45
(cid:13)
Disabled/Handicapped Heads of Household 86 61 55
Male 28 33 51
Female 58 67 55
(cid:13)
Non-Minority Heads of Household 96 68
Minority Heads of Household 45 32
Black 36 26
Hispanic 9 6
(cid:13)
# of Family Members younger than 18 years 101 11
# of Families with children 48 34
Income Source Annual Amount Percent Count Percent
Child Support $43,274 1.6 18 5
General Assistance $309,658 11.5 102 30
Military Pay $1,991 0.1 1 0
Other Nonwage Sources $172,216 6.4 32 9
SSI $793,072 29.5 72 21
Social Security $531,876 19.8 54 16
TANF (formerly AFDC) $7,200 0.3 3 1
Other Wage $829,323 30.8 55 16
Total All Income Sources $2,688,612 100 337 100
(cid:13)
Public Assistance is the sole source of income for 4% of households.
Households that are working comprise 33% of households.
Of the working households, 2% of households also receive TANF.
(cid:13)
Average Household Income $19,068
Average Tenant Rent (0-Bdrm) $530
Average Tenant Rent (1-Bdrm) $328
Average Tenant Rent (2-Bdrm) $356
Average Tenant Rent (3-Bdrm) $431
Average Tenant Rent (4-Bdrm) $662
Average Tenant Rent (5-Bdrm) $666
Average Tenant Rent (Combined) $365
Average TTP (rent + utilities per month) $379

[PAGE 12]
Date: 03/25/2024 Owatonna H.R.A. Page: 2
Time: 10:41:05 Demographic Statistics Report
Vouchers - All Projects
Average Housing Assistance Payment $494
Length of Time On Program Count Percent
Less than 1 years 33 24
Less than 2 years 29 21
Less than 3 years 17 13
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 4
More than 10 years 24 18
Broad Range of Income Count Percent
$0 - $5,000 2 1
$5,000 - $10,000 7 5
$10,000 - $15,000 42 30
$15,000 - $20,000 41 30
$20,000 - $25,000 17 12
More than $25,000 29 21
Income Levels Count Percent
Over Income 141 100

[PAGE 13]
Date: 03/25/2024 Owatonna H.R.A. Page: 1
Time: 10:40:07 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 72 87
Waseca 4 11 4 5
West Concord 1 3 1 1
Total All Locations 38 100 83 100
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 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 40 8
# of Families with children 18 47
Income Source Annual Amount Percent Count Percent
Child Support $31,884 4.5 10 12
General Assistance $185,472 26.0 44 54
Other Nonwage Sources $9,768 1.4 1 1
SSI $58,488 8.2 6 7
Social Security $84,696 11.9 7 9
Other Wage $343,536 48.1 14 17
Total All Income Sources $713,844 100 82 100
(cid:13)
Public Assistance is the sole source of income for 13% of households.
Households that are working comprise 34% of households.
Of the working households, 0% of households also receive TANF.
(cid:13)
Average Household Income $18,785
Average Tenant Rent (0-Bdrm) $290
Average Tenant Rent (1-Bdrm) $205
Average Tenant Rent (2-Bdrm) $326
Average Tenant Rent (3-Bdrm) $593
Average Tenant Rent (4-Bdrm) $656
Average Tenant Rent (Combined) $362
Average TTP (rent + utilities per month) $361

[PAGE 14]
Date: 03/25/2024 Owatonna H.R.A. Page: 2
Time: 10:40:07 Demographic Statistics Report
Bridges - All Projects
Average Housing Assistance Payment $540
Length of Time On Program Count Percent
Less than 1 years 19 50
Less than 2 years 15 39
Less than 3 years 3 8
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 1 3
Less than 9 years 0 0
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 3 9
$10,000 - $15,000 11 31
$15,000 - $20,000 7 20
$20,000 - $25,000 7 20
More than $25,000 6 17
Income Levels Count Percent
Over Income 38 100