#4 CAPER Public Hearing
NEIGHBORHOOD SERVICES MEMORANDUM
March 6, 2009
TO: Community Development Authority
FROM: Jennifer Petruzzello, Neighborhood Services Director
SUBJECT: Agenda Item 4: Consolidated Annual Performance and Evaluation Report
(CAPER) Public Hearing
Each year, the City must prepare a report which explains how the Community
Development Block Grant Program and HOME Program funds were used during the
previous year, and which details progress made on accomplishing the goals of the
Consolidated Plan. This report is referred to as the Consolidated Annual Performance
and Evaluation Report (or CAPER). The report particularly looks at the various housing
programs provided by the City. A copy of the draft CAPER Executive Summary is
attached
In the preparation of the reports for the U. S. Department of Housing and Urban
Development (HUD), a public hearing is required to obtain the citizen comments on the
city’s performance. This public hearing has been scheduled for the March 18, 2009
CDA meeting. The comments received during the public hearing or during the required
fifteen day public review period will be included in the final report submitted to HUD.
No action is required by the Community Development Authority following the public
hearing.
1
Minutes of the Janesville Community Development Authority
Regular Meeting
January 21, 2009
Present: Chairperson Jana Vegge, Vice-Chairperson Michael Bachmeyer, CDA Members: George Fenn,
Sylvia Moore, Duke Ellingson, Russ Steeber.
Absent: CDA Member Yuri Rashkin.
Also Present: City Staff: Jennifer Petruzzello, Carrie Clark, Randy Zwieg. Gideon Ngobi, K Andreah Briarmoon,
Mark Fuller, Billy McCoy
The regular meeting of the Janesville Community Development Authority was called to order by Chairperson
Jana Vegge at 5:30 p.m.
The minutes of the November 19, 2008 regular meeting and November 19, 2008 Closed Session Meeting were
approved by consent.
Under questions and Comments from the Public on Matters Not on the Agenda, several members of the general
public appeared to speak on the status of the Case Feed Building located at .
th
Mr. Gideon Ngobi, Fourth (4) Ward property owner, appeared before the Authority to express his interest in
the Case Feed Building and a desire to work with City staff to refurbish it. He indicated that a structural
examination of the building was to be performed. He also indicted that the warehouse side of the building
would be ideal for a community group.
K Andreah Briarmoon, 339 S Locust appeared before the Authority as the listing agent of the Case Feed Building.
She indicated that she has held a number of open houses for the building and that the group is not asking the
City for purchase money but rather approximately Two to Three hundred thousand dollars to rehabilitate the
property to then offer rent-free to community-support type organizations. She said she believes the building is
viable and structurally sound.
Billy McCoy, 1326 Putnam Ave, appeared before the Authority to also express an interest in maintaining the
Case Feed Building for tax purposes and as a historical monument.
Mark Fuller, 320 E Holmes, appeared before the Authority to express an interest in the building as a future
tenant. Hs has in interest in opening a computer and tutoring lab.
Under Agenda Item 4, Clark presented the Fourth Quarter Collections Report. At the end of the Fourth Quarter,
approximately $4.08 million in loans were outstanding and seventh-five percent (75%) of those clients making a
payment, were making them on-time, as agreed.
Under the Neighborhood Services Director’s Report, Petruzzello indicated that the City submitted a grant
application to the Neighborhood Stabilization Program and would be awaiting a funding notification.
Under Matters Not on the Agenda Petruzzello indicated that a policy request to the CDA would be forthcoming
regarding subordination requests. Our current subordination policy under the Down Payment Program allows
for refinancing first-mortgage debt if the loan-to-value remains at or below ninety-five percent (95%). Staff has
recently received numerous requests from Down Payment Program participants where they have requested
that we subordinate to a new first mortgage and the resulting debt-to-income ratio exceeds 95%. These
participants are in the first year of homeownership and are able to take advantage of significantly lower interest
rates than initially offered. Any new debt added to the loan consists of closing costs only. Petruzzello indicated
that the timing of the current requests did not coincide with the timing of the current agenda and these
individuals would most likely lose out on these more favorable rates if they had to wait for a CDA decision in
February.
Steeber suggested that the CDA grant staff administrative authority to approve the current requests in light of
the timing and reasonableness of the requests. He further motioned, seconded by Bachmeyer to give staff
administrative authority to grant the current subordination requests. The motion passed unanimously.
There being no further business, Steeber motioned, seconded by Ellingson to adjourn the meeting into closed
session at approximately 6 p.m. Motioned passed unanimously.
These minutes are not official until approved by the Community Development Authority.
Submitted by: Carrie Clark, Housing Financial & Rehabilitation Specialist
NOTICE OF PUBLIC HEARING
CITY OF JANESVILLE
COMMUNITY DEVELOPMENT AUTHORITY
2008 CONSOLIDATED ANNUAL PERFORMANCE AND EVALUATION
REPORT
&
CDBG DISASTER RECOVERY FUNDS
WEDNESDAY, MARCH 18, 2009
5:30 p.m.
COUNCIL CHAMBERS
FOURTH FLOOR, MUNICIPAL BUILDING
18 NORTH JACKSON STREET
JANESVILLE, WI 53548
The City of Janesville Community Development Authority will be holding two public
hearings on March 18, 2009 to solicit citizen input. The first is regarding the 2008
Consolidated Annual Performance and Evaluation Report (CAPER),which explains how
the Community Development Block Grant Program and HOME Program funds were used
during the previous year, and which details progress made on accomplishing the goals of the
Consolidated Plan. The second hearing is to solicit input on the City’s application for
CDBG Disaster Recovery Funds and the potential use of CDBG funds for flood recovery
efforts.
All interested citizens are invited to express their views on these. Copies of the draft plan
will be available at the Hedberg Public Library, 316 South Main Street, the Janesville Senior
Citizens Center, 69 South Water Street, and the Neighborhood Services Department, 18
North Jackson Street, during normal business hours.
Comments on the 2008 CAPER will be accepted at the Neighborhood Services Department
or by calling (608) 755-3065 through April 2, 2009.
Jana Vegge, Chairperson
Community Development Authority
March 11, 2009