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2020-11-05 HCHA Approved Minutes
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2020-11-05 HCHA Approved Minutes
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HCHA meeting November 5, 2020 <br />income 70% of the program funds. Please define that for our county as what low <br />to moderate ... is that 80% AMI or what is that? And then what is the AMI? <br />Le: So low to moderate income, and these are HUD definitions, are 80% of our <br />area ... of our Counties Area Median Income. And so it, essentially for a <br />household of 1, 1 believe the ceiling is roughly $45,000, and it escalates from <br />there. I can ... sorry I don't have the figures memorized but we do have them on <br />our website where we address some of these issues ... but it is 80% of our area <br />median income. <br />Richards: Thanks Douglas that's as much for the public as that is, cause it's very <br />confusing as you all know, so yeah if we could get those numbers put out so <br />people understand what that means and that we have the lowest AMI, <br />Adjusted Median Income, in the State, I think that's an accurate statement, <br />correct? So I think that was ... and it is 70% of low to moderate?...is the 80% <br />considered moderate? Or is that considered low? <br />Le: So essentially 80%, anything 80% or lower is within the... <br />Richards: that ... the framework... <br />Le: .... very low income to moderate income. <br />Richards: Okay. thank you. <br />Le: Yes. <br />Richards: And then further question concerning the funding here. You've heard <br />the public testimony the ?? I think this was during our conversation previously the <br />specificity of these funds being used, I don't think we are disagreeing with some <br />of the public testimony but the specificity of these funding going to the program <br />that your laying out, could you speak to that please? <br />Le: Sure. So the ... this grant application essentially, the action plan represents <br />funding that will be going to address housing recovery needs as parts of this <br />eruption. And so all of the funds between the more substantial voluntary housing <br />buyout program to the housing relocation assistance are directly addressing <br />housing in this context and really the important decisions that the agency is <br />weighing today is about moving forward with the resources for this housing <br />program. <br />Richards: Thank you. And I think if ... this is a great power point, Deanna is this <br />available to the public some place cause I like how your spreadsheet has laid it <br />Page 24 of 36 <br />
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