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5.Rehabilitation Funding Approval <br />We are extremely excited to announce that in October, BCHAstaff received approval for $160,000 in 2014 federal <br />HOME funds from the Boulder County Broomfield County Regional HOME Consortium for rehabilitation work at <br />Sunnyside Place. The funds will be used to address the capital needs that have accumulated over the past 12 years, <br />including repair and replacement of siding, soffits, and gutters; exterior paint; the update and addition of play <br />structures; sidewalk replacements; water heater installation; and interior and exterior doors. The work will cost an <br />estimated $374,000, or $22,000 per unit. Funding will be available in Spring 2014, and construction should begin soon <br />after. <br />6.HUD LHA Plan <br />The 2014 LHA required Annual Plan was submitted to HUD on November 1. Staff anticipates notice of approval (or <br />required revisions) by the end of the year. This annual plan is required by all public housing authorities to maintain <br />compliance with <br />plan. A copy of both the Boulder County Housing Authority and Louisville Housing Authority Annual Plans are <br />available on the Boulder County Housing website at <br />www.bouldercounty.org/family/housing/pages/housingassistance.aspx. <br />7.Dissolution of LHA <br />As discussed at the May meeting, we anticipate that dissolution of LHA will not occur until the 2013 audit has been <br />completed and the entity has been kept open for a period of time to capture any additional transactions, similar to <br />LHC. Given that, we are proposing that LHA Board plan to have 1-2 meetings in 2014. Board feedback on this <br />proposal is welcome. <br />Post Office Box 471 Boulder, Colorado 80307 (303) 441-3929 <br />TDD Colorado Relay 1-800-659-2656 <br />8 <br />