Title
Executive Director Report August 19, 2015
Memorandum
I. FEDERAL
A. FY 16 Budget: Has not yet been ratified by Congress yet.
B. FY 15 HUD HCV Administrative Fee: HUD is retroactively increasing the Admin fee for April to June 2015 to 79% from 74% which is an increase of $37,842 to the AAHC.
C. HUD published the PHAS scores for public housing for the past three years. The AAHC had a score of 76 in FY12, 84 in FY13 and 86 in FY14. We have not received our scores for FY15 yet. We have a REAC inspection scheduled for October 2015 which is a physical inspection of a random sampling of units that are still public housing.
II. RAD REDEVELOPMENT
A. River Run & Maple Tower Renovations: The 1st through 5th floor of Baker and the 2nd through 7th floor of Miller are completely renovated and tenants have moved in. The common area of Baker and the 1st floor of Miller are currently being renovated. Due to numerous sewer back-ups at Miller during construction, the entire first floor sewer stacks will be replaced during renovations of the first floor. The Solar Panels have been installed on Miller's roof - see attached photo. The solar electric panels should reduce the AAHC's energy costs at Miller between 5% - 10%. Redstone, our LIHTC investor, is also purchasing the Energy Tax Credits for the solar panels. The Green-Baxter fire building is complete and tenants are moving in. The AAHC held an open house and ribbon-cutting ceremony last week which was attended by our local partners, staff, and council members. The Ann Arbor News wrote an article and took photos. Norstar continues renovations at Hikone, Green-Baxter, and Maple Meadows.
B. N. Maple (West Arbor): A meeting was held on July 28th with North Maple Estate Residents to discuss relocation questions and to receive input on design decisions for the new construction project. The meeting was well-attended with 75% of families represented. The resident voted to rename North Maple Estates to Nor...
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