AHAB minutes 031318 - Laserfiche WebLink

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continue their recovery. If they have an affordable housing option, they can continue their recovery. The shelter is great, but it would good to have a place of your own. Mr. Cook asked about subsidies. Mr. Ellis explained that every person's income is looked at and the project would estimate the income and subsidize the market rate for that apartment. The concept is that the administrator is sensitive to the needs of the tenant and what may change in that tenant's life that may cause the tenant to be unemployed for months. Therefore, the subsidy needs to be flexible and that is the advantage of having an administrator who is looking at the needs of the tenants and ready to help with a change that is versatile and flexible. Aaron Nelson from the Chamber of Commerce stated that they have been working on this too long. It is taking too much time to add too few units. Mr. Nelson stated that for $120,000 they can put fifty families in housing today. Mr. Nelson said they are telling the story to elected officials and others and are asking to try something a little bit different. With the new model of Master Leasing, people can be put in housing faster. Mr. Cook asked how many units they have. Mr. Nelson stated that right now they have 10 units. It is $695 for a two bedroom, $1,100 for a 3 bedroom and they are willing to lease them to a new or existing organization. Jackie Jenks stated that they have people living in the shelters right now that are working and trying to find some place to live. The shelters have 76 households and 46 units in the pipeline for the next five years, those 76 households won't be able to move out of the shelter into the community. Ms. Kinnaird stated that she is excited about this. She expressed that she don't see any financing structure that is flexible or ongoing with the County. Chapel Hill has a continuing funding for each year. It was explained.that the county allocations to non - profit could help to pilot this program. Allison Mahaley asked, if in the proposal, does case management exists to work with the families to help them be upwardly mobile so they can get off the subsidy. Mr. Elkins replied yes, people need help in all areas. Ms. Mahaley asked if the proposal has been presented to the BOCC. It has only been presented to the AHAB board. Tammy Jacobs asked who holds the Master Lease. The non - profit entity that chose to administer the program will hold the Master Lease. It is better to use an existing organization. Mae McLendon stated that if it is an established non - profit with structure already in place, you won't have to take money for organizational development and those funds can be used for other things. Ms. Jacobs asked if Master Leasing is designed for one person. The preface will be to deal with related people who are families or single persons to minimize the complications in the 3