Housing Trust Fund Executive Committee - City of Bainbridge Island

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2/29/2012 9:47:23 AM

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Housing Trust Fund - Executive Committee

Type: Advisory

Responsible Department: Planning and Community Development

Lead Staff: Libby Hudson, Long Range Planning Manager

Contact:

Email: Housing Trust Fund Executive Committee

Phone: (206) 842-2552

Established by: BIMC 3.38

About the Housing Trust Fund

The City Council established the Housing Trust Fund (HTF) in 1999 to implement the policies of the Housing Element of the City’s Comprehensive Plan.The HTFreceives General Fund money and private contributions which are matched by the City.

The Mission of the Housing Trust Fund is to encourage development of moderate and low income housing and to provide funding for income groups not served by other funding sources currently available. The targets of the Housing Trust Fund are those households on which the Island depends upon as clerks, teachers, public employees, wait staff, artists, crafts people, skilled workers…. In short, those people who make the Island run day to day in an interesting and economically viable way.

Purpose

The purpose of the Housing Trust Fund (HTF), as codified in Chapter 3.38 of the Bainbridge Island Municipal Code, is to:

Support the repair and rehabilitation of housing serving seniors and disabled residents;
Provide direct financial and technical assistance to qualified housing projects;
Provide financial assistance to public and private nonprofit organizations supporting housing activities consistent with city policy;
Provide financial assistance to pay for utility connections for qualified housing activities; and
Fund approved, eligible operating expenditures related to the provision of assistance covered by this chapter.

Fund Operation

The HTF is run by the HTF Executive Committee, made up of six volunteers from the community, five of whom are voting members. The non-voting member is the Director of the Health Housing and Human Services Council (HHHS). The Executive Committee’s primary role is to review funding applications, recommend action to the City Council on applications and assist the City in leveraging HTF monies through private philanthropy.

Members
Barbara Clarke, Chair (term ends 12/31/2012)	Linda Navage (term ends 12/31/2012)
Jim Laws (term ends 12/31/2012)	Sal Russo (term ends 12/31/2010)
Dave Low (term ends 12/31/2010)	Jan Lambert, non-voting member

Meetings: First Wednesday of every other month, 5 pm, Council Conference Room, City Hall (unless otherwise noticed)

Browse the calendar to find agendas and minutes.

Resources

Yearly Activity Reports

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