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t <br /> Louisville Sousing Authority <br /> 9/22/81 Page Two <br /> by funds from the rental property owner. The RRP proposal <br /> will target Louisville, Lafayette, Longmont and the <br /> unincoporated County east of 93th Street. Liles stated <br /> that because the program does not cone with any <br /> administrative funding, the proposal way be refused; should <br /> it be granted, by Boulder County unless Vouchers are <br /> received with the program. <br /> d. Schedulin • Westin with the Louisville Cit Council <br /> Liles reports that the City Council as requested a <br /> meeting with the LHA. Liles will prepare • report on the <br /> Section 8 =misting 'Program, the Regal Square Storage Sheds, <br /> the past and future of the LHA for Chair Hautenstraus. <br /> Rautenatraun will contact Richard Warnush to establish a <br /> date and tine for the nesting. <br /> e. Foreclosed Boles - Liles reported that he bed recently <br /> attended a meeting at Colorado Rousing Finance Authority <br /> (CHIA) to discuss the sale of forclosed FHA and VA <br /> properties to local Housing Authorities for use as rentals <br /> for low-income persons. CHFA plans to do • General Purpose <br /> bond issue to cover the financing of these units. Liles is <br /> requesting that CHIA provide administrative funding, <br /> Vouchers, end SOC on the 51.00 for purchase price. Liles <br /> said be is expecting between 10-15 units in Boulder County. <br /> Liles also reported that be has been diecuss4ng the <br /> possibility of ?RA leasing foreclosed units to the Boulder <br /> County Housing Authority for 51/year for a maximum of 5 <br /> years. The units would then be leased to families <br /> recommended by local participating non-profit agencies. <br /> The teases would probably be for a period of one year <br /> f. 8VD Debt for ivansss - Liles reported that local Housing <br /> Authorities have recently received word from AIID that HUD <br /> is willing for forgive the debts on any public housing <br /> units with the stipulation that HUD regulations be inposed <br /> on the management of the units in perpetuity. MAR1O is <br /> presently researching a legal opinion on this issue and <br /> Liles will report back to the LHA Board on any <br /> developments. <br /> 3. lousing Wsna euent to ort - Warty Baker <br /> a. earterl Financial Re ort - Hiileide S uara - Raker <br /> distribute copier the finsects report and stated that <br /> residual receipts in the amount of $8,331 appear on the <br /> financial report due to a receivable figure owed. Baker <br /> feels it is possible that this figure nay be spread out over <br />