02.22.23 HAB Minutes
HOUSING ADVISORY BOARD
Summary Minutes: 02/22/2023
Virtual (Zoom)
BOARD MEMBERS PRESENT:
Michael Leccese, Chair
Daniel Teodoru, Vice Chair
Philip Ogren
Julianne Ramsey
Terry Palmos
John Gerstle, Planning Board Liaison
BOARD MEMBERS ABSENT:
STAFF PRESENT:
Jay Sugnet
Tiffany Boller
Hollie Hendrikson
1. CALL TO ORDER AND ROLL CALL / 6:01 p.m.
2. AGENDA REVIEW 6:06pm
3. APPROVAL OF MINUTES
a. January 25, 2023 – Palmos moves to approve, Ogren seconds. Approved 4-0
4. PUBLIC PARTICIPATION / 6:10 p.m.
a. Open comment
i. Lynn Segal
ii. Hannah George
5. MATTERS FROM THE BOARD / 6:18 p.m.
a. Middle Income Down Payment Pilot
i. Hollie Hendrickson, HHS presented the current iteration of the Pilot
1. Ogren – curious about Land Trusts or building coalitions using the DPA program
2. Teodoru – clarifying how this affects multi-family units
3. Teodoru – hypothetically what happens if property values decrease in Boulder
and the pay back of DPA causes a net loss
4. Ogren – supports the Pilot because it is innovative but has reservations
5. Gerstle – concerned with the impact of infusing $10M into the housing
market and questions having a different appreciation rate from moderate
income homes
6. Palmos – suggests checking the math on the cost to the city
b. Polis’ Housing Agenda
i. Teodoru – Supports the approach council is taking
c. Zoning for Affordable Housing discussion continued
i. Leccese – would like to come up with a strong recommendation for Council in the
coming months
ii. Leccese – would like to discuss with contractors/builders to better understand policy