HomeMy WebLinkAbout1-26-2022 Lansing Housing Commission I to
Lansing Housing
COMMISSION 419 Cherry St., Lansing, Ml 48933 Telephone: (517)487-6550 Fax: (517)487-6977
Agenda
Lansing Housing Commission
January 26, 2022
1. Call to Order
a. Roll Call
b. Approval of Minutes of December 20, 2021
2. Action Items:
a. Resolution 1330 - approval of changes to the Resident Selection Criteria for
Capital City Apartments formally known as South Washington.
3. Informational Items:
a. Finance Report December 2021 Steven Raiche
b. Housing Choice Voucher December 2021 Jennifer Burnette
C. Asset Management Report December 2021
■ Hildebrandt & Scattered Sites Marcus Hardy
■ Capitol City Apts & LaRoy Froh Marcus Hardy
4. Discussion Items:
a. RAD Update
5. Other Items:
a. Long range planning
6. Executive Director's Comments.
7. President's Comments
8. Public Comment— limit 3 minutes per person.
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Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
9. Adjournment.
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Notice
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Lansing Housing Commission
Lansing Housing Regular Meetings 2022
COMMISSION
Due to the current situation around COVID, the Lansing Housing Commission will continue to conduct
its Regular Board Meetings virtually. Regular Board Meetings are held on the fourth Wednesday of
each month at 5:30PM ET.
Join Us For Virtual Regular Board Meetings
On the Fourth Wednesday of the month @ 5:30pm ET
To support safety, health, and wellness, the meeting will be conducted virtually via Zoom
meeting link and phone number provided below:
Virtual Meeting Link:
https://us02web.zoom.us/j/82165757256
Telephone Dial in Option:
+1 312 6266799
OR
+1 929 2056099
Required Meeting ID:
821 6575 7256
To assist you, please note the following instructions for joining a Zoom meeting. Note that this option
requires downloading Zoom software or an app to your computer or phone, so please allow a few
extra minutes before the meeting to complete this step.
If you are joining from a mobile device (Android smartphone/tablet, Apple iPhone/iPad) then it will
simply prompt you to download the Zoom Cloud Meetings app from the App/Play Store.
If joining from a computer for the first time you will need to download a small application file before
entering the meeting. This process is easy to complete on all commonly used browsers by following
the prompts.
It is possible to use a combination of computer for video and phone for audio. If using this option,
enter by computer first and select the Join By Phone tab when the audio pop-up window appears,
which will display the dial in number for you, as well as the prompt for your Meeting and Participant
ID. Entering the numbers allows your video and audio to be synchronized.
The mission of LHC is to compassionately deliver healthy,affordable,safe,quality housing options without discrimination,with
exceptional customer service while meeting high performance standards.
During the meeting, non-speakers who wish to ask a question can use the Raise Hand option to
make it known to the Host that you would like to speak. To raise your hand during the meeting for
MAC use Option Y and for windows use ALT Y. If you join by phone to raise your hand during the
meeting dial *9.
Alternately, you can use the Chat option to send a question to all participants or privately to specific
participants.
The mission of LHC is to compassionately deliver healthy,affordable,safe,quality housing options without discrimination,with
exceptional customer service while meeting high performance standards.
Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
Minutes of the December 20, 2021
Commissioner Henry called the meeting to order at 5:35 p.m. Mr. Fleming, called the roll.
PRESENT AT ROLL CALL: Commissioners Emma Henry, Don Sober, Loria Hall, Heather
Taylor, Ashlee Barker
STAFF:
Douglas Fleming Marcus Hardy
Kim Shirey Jennifer Burnette
Sam Spadafore — Contractor
Steven Raiche — Contractor
Victor Verchereau — Contractor
Guests:
None
Commissioner Hall moved and Commissioner Taylor seconded a motion to approve the
minutes of the November 22, 2021, commission meeting. The Motion was approved by all
members present.
Action Items:
Informational Items:
Finance Report November 2021 Steven Raiche
• RAD completed over 3-year period, occupancy up since involved. Closed on
Hildebrandt Park in November. Confident about midway through our Fiscal Year.
• Commissioner Henry stated that we received the developer fee for Waverly Place. We
are at 50% completion on that project. Financials look healthy which allows us to be
flexible to assist in the community.
Housing Choice Voucher November 2021 Jennifer Burnette
Jennifer Burnette provided a brief overview of the November 2021 HCV Reports.
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Lansing Housing Commission Minutes December 20,2021
Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
• LHC issued seventeen (17) vouchers in the month of November. Three (3) VASH
orientations virtually were held for the month of November 2021, and three (3) vouchers
were issued with the assistance of community partners.
• Emergency Housing Vouchers: 10 of the 32 Emergency Housing Vouchers have been
leased up, 21 issued and are out searching for housing.
• 100 regular HCV Applications mailed out are pending return, 47 households are out
searching for units, 13 applicants are pending documentation or final approval, 3
applicants are pending a hearing, 11 units approved and pending inspections and 10
pending leased up.
Commissioner Henry inquired about the MSHDA vouchers LHC is receiving. It was confirmed that they
will begin actively working with those vouchers on 1-1-22.
Asset Management Report — November 2021
Hildebrandt (HP) & Public Housing (PH) Scattered Sites — Marcus Hardy
• HP had an occupancy rate of 89% at the end of November. This is due to not housing
units to prepare for RAID. There were zero (0) move-ins, zero (0) move-outs and zero
(0) transfer.
There are 11 vacancies. There are 66 open work orders.
• Public Housing Scattered Sites had an occupancy rate of 97% at the end of
November. There was zero (0) move-in, zero (0) move outs and zero (0) transfer.
There are 9 vacancies. There are 105 open work orders. The majority of those are City
Inspection items that are getting ready to be closed.
LaRoy Froh (LRF) & Capitol City Senior Apts — Marcus Hardy
• LRF had an occupancy rate of 90% at the end of November. There was zero (0) move-in,
zero (0) move-outs and zero (0) transfer.
There are 10 vacant units as they prepare for RAD those units will not be filled. There are 80
open work orders.
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Lansing Housing Commission Minutes December 20,2021
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Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
• Capitol City Senior Apts had an occupancy rate of 78% at the end of November. There
were zero (0) move-ins, zero (0) move-out and zero (0) transfer.
There was 42 vacant units due to RAD. There are 10 open work orders.
Discussion Items:
• RAD update — Sam Spadafore and Doug Fleming
o Doug - Closed another RAD deal, 3 of 4 have closed. The last to close will be
LaRoy Froh which is anticipated to close early February.
o Sam — Hildebrandt Park closed in November; Hildebrandt Park has a total value
of 22.2 million dollars See attached Power Point
c President Henry voiced that if anyone has questions to please ask. Sam
expressed that he is willing to meet with anyone one on one to discuss any
questions regarding the RAD projects.
o Working on the sale of the scattered sites through a HUD sponsored program
(Section 18). This will create flexibility within the organization for example to build
units, assist other organizations in the area etc. We have 207 sites which make
up 242 units that are included in this portfolio. We have received some bids back
that are being reviewed. Sam hopes to have updates in January and February to
discuss some options on how to best move forward.
Other Items:
a. Long Range Planning — Doug Fleming
o Meeting planned for January for Board of Directors training as well as long range
planning for the agency. A follow up meeting is anticipated to take place in
February and possibly a third meeting if necessary
Motion from President Henry
o Support the $100,000 90-day coverage by LHC to Capital Area Housing
Partnership for expenses incurred during that period due to taking on the HARA
responsibilities.
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Lansing Housing Commission Minutes December 20,2021
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Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
Commissioner Hall moved and Commissioner Barker seconded a motion to approve the
support of 90-day coverage to CAHP. The Motion was approved by all members present.
Executive Director's Comments:
Activities
Capital Projects
• Looking into development options for Oliver Gardens (30 units) to renovate and
potentially add units. Looking to submit tax credit for this project in April
RAD Activities
• LaRoy Froh will be closing February 2022
Other Activities
• Union negotiations — Finalizing a few items and working through approvals. Contract
ends on 12-31-21 .
• Fire restoration plan for COCC — Delays due to supply chain issues, specifically
heating/air control units that provide primary ventilation for the building. Current deliver
date is scheduled for 4-1-22, but there is a search for a temporary work around taking
place to provide occupancy prior to 4-1-21.
• Santa's Workshop — Very successful! LHC Employees, Board Members and Vendors
provided Christmas gifts for 28 families. Big thanks for Vic Verchereau, Kim Shirey, and
the staff for their effort in organizing/wrapping and making the Christmas a little brighter
for several of our residents.
• Home sales for 80% AMI — Continue to work with Habitat for Humanity on making
scattered sites available for sale to residents in the Lansing area who are below 80%
AM I.
• Holy Cross grant reassignment— Decision to no longer run HARA and 4 grants which
include PSH1, PSH2, PSH bonus, family Rapid Rehousing and a Rapid Rehousing
program for individuals with addiction disorder. In total this is impacting 80
families/landlords and 30 employees. LHC currently administers a PSH program, and
we ultimately negotiated with the City of Lansing, Holy Cross, CAHP COCC to assume
4 of these grants. We offered 6 individuals to join the LHC Staff and family. We have
agreed to assume these grants until the end of their current grant periods. We are still
evaluating the financial impact but have run them successfully and are confident that we
can get these grants moving in the right direction. It will be determined at a future date if
we will continue to operate these grants long term.
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Lansing Housing Commission Minutes December 20,2021
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Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
• In addition, we made a commitment to the Capital Area Housing Partnership, who is
taking on the HARA responsibilities that if there are losses that we will backstop them
for 90 days up to $100,000. Determination of how to measure that is being assessed.
Other Items: none
President's Comments:
• Our agencies continue to be present and prove that over all of the services,
conversations and all the support that those involved in the Board have provided.
Public Comment: limit 3 minutes per person
Other Business: none
Adjournment: The meeting was adjourned at 6:31 p.m.
Date 2 I I2b 2----2--
Emma Henry Board Ch it
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Lansing Housing Commission Minutes December 20,2021
Lansing Housing 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
COMMISSION
January 26, 2022
Lansing Housing Commission
419 Cherry St.
Lansing, Michigan 48933
HONORABLE MEMBERS IN SESSION:
SUBJECT:
Approval to revise the Resident Selection Criteria for Capital City Apartments
formally known as South Washington Park Apartments - Resolution No. 1333.
RECOMMENDATION:
Staff recommends the Board authorize Doug Fleming, acting in his capacity as
Executive Director, to approve the recommended change to the Resident Selection Criteria for
Capital City Apartments.
CONTACT PERSON:
Doug Fleming,
Executive Director
SUMMARY
This resolution authorizes LHC to revise the preferences adopted for Capital City Apartment.
BACKGROUND:
Project Owners may adopt a preference for elderly single persons pursuant to 24 CFR 5.655
(c) (5) and Housing Handbook 4350.3, Chapter 4, provided the adoption of such preference
can be implemented consistent with the resident' right of continued occupancy.
Capital City Apartments formally known as South Washington Park Apartments adopted an
elderly preference effective April 1, 2021. Such preference was outlined and detailed in the
Project's Resident Selection Criteria/Tenant Selection and Assignment Plan.
In an effort to ensure compliance with the State of Michigan's Elliott- Larsen's Civil Rights Act
of 1976, there is a need to broaden the "elderly" preference to include the "near-elderly".
Article 5, 37.2503 of the Elliott-Larsen's Civil Rights Act states, with respect to the age
provision and the familial status provision only, the sale, rental, or lease of housing
accommodations meeting the requirements of federal, state, or local housing programs for
senior citizens, or accommodations otherwise intended, advertised, designed or operated,
bonafide, for the purpose of providing housing accommodations for persons 50 years of age or
older.
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Lansing Housing 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
COMMISSION
As such, if adopted, in addition to the established Elderly Preference, there will be a secondary
preference for the Near-Elderly.
FINANCIAL CONSIDERATIONS
There are no final considerations.
POLICY CONSIDERATIONS:
LHC has no specific policy regarding this action. However, Board approval was a required
corrective action in the 2015 Office of Inspector General Audit.
Respectfully Submitted,
o cr ug erring, Seetary to tJ Board
Lanousing Commission s g�H
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PROJECT SPECIFIC ADDENDUM TO
MICHIGAN ASSET GROUP'S
RESIDENT SELECTION CRITERIA
CAPITAL CITY APARTMENTSMSHDA
PROJECT#3922
LANSING,MICHIGAN
As of April 1,2021 Updated January 26, 2022
Proiect Eligibility Requirements
See Section I of the Resident Selection Criteria.
Preferences and Priorities
See Section III.C. of the Resident Selection Criteria. In addition to the preferences spelled out in
Section III.C. of the Resident Selection Criteria, Capital City Apartments has an elderly and near
elderly preference. An elderly preference means a family whose head or spouse or sole member
is a person who is at least 62 years of age. It may include two or more persons who are at least 62
years of age living together or one or more persons who are at least 62 years of age living with
one or more live-in aides. A near elderly preferences means a family whose head or co-head is 50
years of age or older.
First preference: Head or Co-head of Household is 62 or older("Elderly Family").
Second preference: Head or Co-Head of Household is 50 years of age or older("Near-Elderly
Family").
Occupancy Requirements
The Property is comprised of 187 apartments. The breakdown is as follows:
#of Units Apartment Size
182 One Bedroom
5 Two Bedroom
Income Limit requirements
Income limit requirements will be based on the MSHDA established tax credit income limits for
Ingham County in conjunction with the income limits published by the U.S. Department of
Housing and Urban Development. Income limits requirements for occupancy should not exceed
the limits set for the specific county or region where the project is located. Published and
updated income limits will be distributed to the projects by the corporate office. Income limits
will be posted on-site.
Income Targeting
60%AMI Units= 187
TOTAL UNITS= 187
Lansing Housing 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
COMMISSION
Resolution No. 1333
Adopted By the Lansing Housing Commission
January 26, 2022
BE IT RESOLVED BY THE LANSING HOUSING COMMISSION:
Doug Fleming, acting in the capacity of Executive Director, is authorized to approve the revision
to the Resident Selection Criteria for Capital City Apartments formally known as South
Washington Park Apartments.
Emma Henry Boa Chair
Yeas
Nays
Abstentions
A 4t: ,
I
For Clerk Use Only
Resolution No. 1333
Date Adopted 01/26/2022
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Lansing Housing Commission
Summary Results for December FY2021
Description MT Vernon Hildebrandt LaRoy Froh So Washington LIPHTotal COCC HCVAdmin HCV BA
REVENUE:
Total Revenue Variance-Fair(Unfav) 112,845 128,471 140,324 84,731 466,371 (62,790) (15,853) 203,457 -
Tenant Revenue Variance (2,756) (1,851) 10,828 (910) 5,311 - - -
HUDRevenueVariance 107,723 122,144 121,125 77,062 428,055 2,062 (20,813) 203,141 -
Capital Fund Income 9,138 9,138 9,138 9,138 36,553 - - -
Otherincome (1,260) (960) (767) (560) (3,5471 (64,852) 4,960 316
Other
Budgeted Revenue 97,487 114,631 110,733 69,617 392,466 101,808 86,894 965,550 11,775
%Variance fav(unfav) 116% 112% 127% 122% 119% -62% -18% 21% 0%
EXPENSES:
Total Expense Variance Unfav(Fav) (31,026) 81,751 50,092 (52,098) 48,719 (4L7411) 23,625 30,183 74
Salary Expenses 7,163 19,505 15,704 (790) 41,583 (30,227) 13,028 -
Employee Benefit Expenses 6,258 4,753 5,410 (396) 16,024 (15,836) (1,186) - -
Utilities 7,124 21,232 27,813 1,526 57,695 (2,420) (250) - -
Write-offs (300) 6,412 (900) (100) 5,112 -
Legal (SOO) (600) (1,200) (100) (2,400) (500)Professional Services 10,170 9,260 9,636 8,966 38,032 2,256 152 -
Admin Services - 1,500 1,500 - 3,000 (1,156) 241 - -
Recreation/Other Services - 350 203 - 553 - - -
Insurance (141) 3,746 3,774 273 7,653 1,019 911 - 74
Sundry/Postage/Office Supplies (69) 6,396 1,216 (407) 7,135 2,843 3,582 - -
Management Fee 40 337 5,016 69 5,461 - (4,163) -
HAP Expense (61,765) (5,930) (47,967) (61,093) (176,756) 1,214 30,183 -
Inspections (85) (83) 173 - 5 - (779) -
Interest Expense -
Maintenance Costs 2,663 14,275 28,606 (1,730) 43,813 3,157 72 -
Maintenance Contract-Unit Turns (2,400) (1.834) 910 (3,324) -
Other 816 2,432 200 1,685 5,133 (1,880) 10,803
Budgeted Expense 85,159 94,831 87,799 68,628 336,417 133,968 100,895 965,000
%Variance fair(unfav) 36% -86% •57% 76% -14% 32% -23% -3% 0%
Gain(Loss)on Sale of Assets - - - - - -
QM Mo.Actual Net Income(Loss) $ 156,198 5 66.519 $ 113,166 5 137,818 5 473.701 5 (52,2D6) 5 (53,479) $ 173.824 S (74)
JIDD Actual Net Income(Loss)Net of CWIP S 278,170 $ 106,052 $ 265,047 $ 124,672 $ 773,941 $ (87,163) 5 (141,836) $ (275,385) 5 637,676
Prior YR YTD Net Income(Local S 438,792 5 696.868 S 667,094 5 125,642 5 1.928,3% $ 535,832 5 224,551 5 13.900 $ 8,805,123
Cash Balance-December S 706,410 5 649,790 S 873.30 S 552.008 5 L78M53 S 1,912,19 S $96,887 S 335.327 S 715.336 52,759.313
Cash Balance-November S 588.832 S 736,604 S 790,560 S 437,614 S LSS3.611 S 2,640.029 $1,061,874 S 601% S 731336 S L766.800
Cash Balance-June 2021 S 404,436 S 503,953 $ 616469 S 390.852 S 1.916.110 S 1,350,385 $2,119.729 S 465,867 S 393.609 £7,304,2Z5
Cash Belance-June 2020 S 586,642 S 691,966 S 675,747 S 625,621 S L579.975 S 956,102 S 827,066 S 496
C:\Users\Stevenr\Box\My Box Files-Steven Raiche\My Box Files-Dawn Allman\Board Documents\Board Meeting 2112\Summary 2112\Summary MTD
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Lansing Housing Commission
Summary Results YTO for December FY2021
Description MTVemon Hildebrandt LaRoy Froh So Washington UPH Total COCC HCVAdmin HCV BA
REVENUE:
Total Revenue Variance-Fav(Unfav) 123,458 177,857 169,567 100,744 571,626 (94,159) (39,138) 1368,302) (2,883,928)
Tenant Revenue Variance (10,555) 30,922 16,628 (1,301) 35,694 - - -
HUD Revenue Variance 119,104 126,399 132,231 83,410 461,145 17,708 (55,645) (373,031) -
Capital Fund Income 20,919 20,919 20,919 20,919 83,676 -Other Income (6,010) (383) (211) (2,284) (8,889) (111,867) 16,508 4,729 410.618
Other (3,294,546)
Budgeted Revenue 575,503 739,914 707,329 411,273 2,434,019 492,061 521,364 5,793,300 5,764,775
%Variance fav(unfav) 21% 24% 24% 24% 23% -19% -8% .6% -50%
EXPENSES:
Total Expense Variance Unfav(Fav) (103,310) 96,758 89,717 (31,693) 51,472 (125,246) 27,719 (89,618) 9,492
Salary Expenses (5,469) 41,025 20,229 (3,067) 52,719 (65,818) 5,423 -
Employee Benefit Expenses 32,441 14,519 (979) (1,825) 44,156 (44,996) 9,208 - -
Utilities 7,522 41,689 36,106 1,771 87,089 (5,969) (411) - -
Write-offs (3,567) 1,382 (3,653) (1,412) (7,250) - - - -
Legal (1,739) (4,604) (2,317) 702 (7,957) (832) - - -
Professional Services 23,210 21,732 21,471 19,808 86,221 11,597 16,980 -
Admin Services - 1,500 1,500 1,000 4,000 (27,030) - 1,670
Insurance 1,709 12,432 11,776 7,524 33,441 (4,395) 154 - -
Sundry/Postage/Office Supplies (997) 12,148 2,440 (2,073) 11,518 (2,496) 16,335 - 7,487
Management Fee 293 14,122 12,157 411 26,984 - (11,129) - 334
HAP Expense (132,643) (98,805) (95,935) (48,651) (376,033) - - (89,618) -
Pilot 1,057 7,200 4,199 1,805 14,262 - -
Inspections (310) 508 1,663 - 1,860 400 (7,382) -
Maintenance Costs (5,263) 47,747 87,904 (9,864) 120,525 10,630 435 -
MaintenanceContract-Unit Turns (13,545) (17,300) (9,040) (3,000) (42,885)
Other (6,009) 1,461 2,193 5,179 2,823 3,662 (1,894)
Budgeted Expense 524,102 608,768 522,132 419,037 2,074,039 610,311 596,343 5,790,000 30,000
%Variance fav(unfav) 20% -16% -17% 8% -2% 21% -5% 2% -32%
Gain(Loss)on Sale of Assets -- - - - - - - - 2,215,454
YTD Actual Net Income(Loss)Net of CWIP $ 278,170 $ 106,052 $ 265,047 5 124,672 $ 773,941 S (87,163) $ (141,836) $ (275,385) 5 2,853,130
YTD Budgeted Net Income(Loss) $ 51,401 $ 131,146 $ 185,197 $ (7,764) $ 359,980 $ (118,250) $ (74,979) $ 3,300 $ 5,734,775
Prior YR YTD Net Income(Loss) $ 438,792 S 696,868 5 667,094 $ 125,642 $1,928,396 $ 535,832 $ 224,551 $ 13,900 $ 8,805,123
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December Ratios
HCV Ratios Prior Months
Numberof Vouchers Used 1,677 11/21 $ 566.41
HCV 8002 Expenses 5 993,208.64 10/21 5 54162
Average Cost Per Voucher $ 592.25 9/21 $ 552.26
UPH Ratios Prior Months
PY December
Year-to-Date Occupancy Rate Mt.Vemon Hildebrandt laRcy Froh S.Washington Total Total
YTD Average Number of Units leased 59 217 198 11 385 78711/21 94.1%
Numberof Possible Units 62 120 213 12 407 833 10/21 94.5%
Year-to-Date Occupancy Rate 95.2% 975% 93.0% 91.7% 94.6% 945%9/21 94.9%
Average Revenue Per Occupied Unit 11/21 5 567.BS
Total UPH Revenue 5 210,331.82 5 243,101.21 $ 251,056.83 $ 154,347.40 $ 858,837.26 $ 2,028,740.31 10/21 $ 530.95
Average Revenue Per Occupied Unit $ 1,056.94 $ 2,077.79 S 1,267.96 $ 783.49 $ 1,207.93 S 2,577.31 9/21 $ 529.69
Avenge Tenant Revenue Per Occupied Unit 11/21 5 82.82
Total Tenant Revenue 5 2.239.00 5 6,866.00 5 16,554.00 $ 1,483.00 5 27,142.00 $ 101,553.00 10/21 5 100.57
Average Tenant Revenue Per Occupied Ural $ 37.95 $ 58.68 83.61 $ 134.82 $ 7050 $ 129.04 9/21 $ 106.99
Average Cost Per Occupied Unit 11/21 $ 459.92
YTD Average Monthly Expenses 5 70,131.95 $ 135,286.55 S 101,974.86 $ 64,557.44 $ 371,950.90 5 454,050.61 10/21 5 413.79
Average Cost Per Occupied Unit $ 352.42 $ 2,15630 S 515.02 $ 327.70 S 523.14 S 576.94 9/21 $ 42350
Company Ratios
Operating Reserves Mt.Vernon Hildebrandt Way Froh S.Washington COCC HCV Admin
Bank Account Balance 5 706,410.07 5 649,789.62 $ 873,345.00 5 552,008.11 S 2,912,158.23 $ 886,887.48
YTD Expenses S 420,791.72 $ 822,719.32 S 611,849.14 $ 387,344.64 5 485,064.87 $ 624,062.22
Number of Months 6 6 6 6 6 6
Average Monthly Expenses $ 70,131.95 $ 135,286.55 $ 101,974.86 S 64,557.44 $ 80,844.15 $ 104,010.37
Number of Months of Operating Reserves(would
like to have 4 months of operating reserves) 10.07 4.90 8.56 8.55 23.65 8.53
Prior Months
11/21 8.03 5.80 8.34 5.90 20.82 10.63
10/21 8.31 6.61 8.47 6.44 28.07 10.68
06/21 4.25 4.48 6.30 3.46 28.52 13.62
06/20 5.16 5.73 5.66 5.95 14.23 11.20
06/19 3.58 3.90 4.78 4.51 17.81 712
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2/21/2022 6:12 AM
Lansing Housing Commission
Budget vs.Actual
ML Vemon
For the Period Ending December 31,2021
YTO Amount YTD Budget YTD Variance Prior YTD Actual Annual Budget Remaining
Budget
Tenant Rental Revenue $ 16.425 $ 26,980 $ (10.555) $ 173,766 $ 157,966 $ 130.986
Tenant Revenue-Other 1.728 4,332 (2,604) 8,921 18,147 13,815
Total Tenant Revenue $ 18.153 $ 31,312 $ (13,159) $ 182.687 $ 176,113 $ 144,801
HUD PHA Operating Grants 656.188 537,084 119,104 782,484 1,392,066 854.982
CFP Operational Income 212,778 - 212.778 108,164 - -
Administrative Fees - 3,444 (3,444) 16,584 13,140
Fraud Recovery and Other 3.701 3.663 36 (2,174,881) 18,498 14,835
Total Operating Revenue $ 890.820 $ 575,503 $ 315,317 $ (1,101,545) $ 1,603,261 $ 1,027,758
Administrative Salaries $ 11.431 $ 14,835 $ (3,404) $ 53,521 $ 85,233 $ 70,398
Auditing Fees 5,000 5,775 (775) 5,250 5,775 -
Management Fees 18.923 18.630 293 171,817 108,986 90.356
Bookkeeping Fees 2.665 2.655 10 11,702 15,705 13,050
Employee Benefits Contributions-Admin 8.700 4,805 3.895 18.998 36.275 31,470
Office Expenses 8,813 14,450 (5,637) 23,038 40.002 26,552
Legal 1.261 3,000 (1,739) 6,371 12,000 9,000
Travel - - - - -
Other 450 (450) 6,017 4,600 4,050
Tenant Services-Other - 1.456 - -
Water 874 690 184 45,148 15,g52 15,262
Electricity 424 300 124 23,998 1.050 750
Gas 368 300 68 14,297 13.414 13,114
Other Utilities Expense 7,146 - 7,146 84 34.215 34,215
Ordinary Maintenance and Operations-Labor 9,162 11.227 (2,065) 35,105 59,341 48,114
Ordinary Maintenance and Operations-Materia 2,011 2.880 (869) 9,364 7,680 4,800
Ordinary Maintenance and Operations-Contrac 16,466 34,870 (18,404) 90,057 171,280 136,410
Employee Benefits Contributions -Ordinary 42.649 14,103 28,546 21,037 57,705 43,602
Protective Services-Other Contract Costs - - 1,268 -
Property Insurance 9,321 8,621 700 24,615 52,605 43,985
Liability Insurance 3,214 3.232 (18) 9.362 19,671 16,439
Workers Compensation - - - - - -
All Other Insurance 7,450 6,422 1.028 4,400 16,106 9,684
Other General Expenses 25,290 2,080 23,210 21,688 11,776 9,696
Compensated Absences - - -
Housing Assistance Payments 429,803.65 370,587.96 59,216 370.588 -
Payment in Lieu of Taxes 3,446 2,389 1.057 9,904 11.975 9,586
Bad debt-Tenant Rents (1,767) 1.600 (3,567) 1,695 7,800 6,000
Interest Expense - - 16,781 -
Total Operating Expenses $ 612.651 $ 524,102 $ 88.549 S 626,973 $ 1,159,634 $ 635,532
Net Income(Loss) $ 278.170 $ 51.401 $ 226.769 $ (1,728.518) $ 443,627 $ 392,226
Lansing Housing Commission
Budget vs.Actual
Hildebrandt
For the Period Ending December 31,2021
YTD Amount YTD Budget YTD Variance Prior YTD Actual Annual Budget Remaining
Budget
Tenant Rental Revenue S 140.431 $ 109,509 S 30,922 S 144,465 S 109,509 $ -
TenantRevenue-Other 7,094 6,057 1,037 13,311 6,057
Total Tenant Revenue S 147,525 $ 115,566 $ 31,959 S 157,796 S 115,566 S
HUD PHA Operating Grants 745,563 516.506 229.057 896,879 619,164 102.658
CFP Operational Income 20,919 - 20,919 411,783 - -
Administrative Fees - 994 (994) - 1,491 497
Fraud Recovery and Other 2.219.218 2.007 2.217.211 3,619 3,693 1.687
Total Operating Revenue S 3,133,225 S 635,073 5 2,498,153 $ 3,819 S 739,114 S 104.842
Administrative Salaries $ 73,136 $ 43,853 $ 29.283 S 55.377 S 43,853 S
Auditing Fees 5,000 5,775 (775) 5.250 5,775
Management Fees 61.775 49.214 12,561 186.333 49,214 Bookkeeping Fees 8,694 7,133 1,562 13.805 7,133 -
Employee Benefits Contributions-Admin 15,875 19.395 (3,520) 16.860 19,395
Office Expenses 27,239 21,395 5,844 19.570 21,395
Legal 2,596 7,200 (4,604) 6,898 7,200 -
Travel - - -
Other 6,034 1,440 4,594 2.579 1,440 -
Tenant Services-Other 8.500 4,800 3,700 3,512 4,800 -
Water 70,815 39,002 31,813 54.669 39,002
Etechieity 17,272 12,000 5,272 16.701 12,000
Gas 10,196 7,661 2,535 10,453 7,661 -
Other Utilities Expense - - - - - -
Ordinary Maintenance and Operations-Labor 49,202 37,460 11.742 38,717 37,460
Ordinary Maintenance and Opemtions-Malaria 32,864 22,160 10,704 23,505 22,160 -
OrdinaryMaintenanceandOperations-Contra( 138,122 115,750 22.372 155,664 115,750
Employee Benefits Contributions-Ordinary 38,132 20.093 18,039 36,114 20,093
Protective Services-Other Contract Costs 2.730 1,035 1,695 2.211 1,035
Property Insurance 31,858 21,832 10,026 25,497 21,832
Liability Insurance 11,227 8,774 2,453 9,878 8,774 -
Workers Compensation -
All Other Insurance 7,695 7,742 (47) 4.878 7,742 -
Other General Expenses 26,989 5,257 21,732 23,406 5,257 -
Compensated Absences - - -
Housing Assistance Payments 40,507 139.312
Payment in Lieu of Taxes 11,684 4,485 7,200 6,582 4,485
Bad debt-Tenant Rents 7,382 6,000 1,382 4,557 6,000 Interest Expense - - 27,968 -
Total Operating Expenses $ 705.525 S 608.768 S 195,563 S 750.782 S 469,456 S
Net Income(Loss) $ 2.427,700 $ 26,305 5 2.302.690 $ (747,163) S 270,458 S 104,842
Lansing Housing Commission
Budget vs.Actual
LaRoy Froh
For the Period Ending December 31,2021
YTD Amount YTD Budget YTD Variance Prlor YTD Actual Annual Budget Remaining
Budget
Tenant Rental Revenue S 100,580 S 83.952 S 16,628 $ 100,737 S 83.952 $ -
Tenant Revenue-Other 6.890 5,976 914 3,940 5,976
Total Tenant Revenue S 107,470 S 89,928 S 17,542 S 104,677 S 89,928 $
HUD PHA Operating Grants 744,579 612.348 132,231 $33,189 612.348 -
CFP Operational Income 20.919 - 20.919 411.783 - -
Administrative Fees - 1.090 (1,090) -
Fraud Recovery and Other 3.928 3.963 (35) 3,315 3,963 -
Total Operating Revenue $ 876.896 S 707.329 S 169,567 S 1,352,964 S 706.239 S
Administrative Salaries S 42.849 $ 49,198 S (6,350) S 66,295 S 49,198 S -
Auditing Fees 5,000 5,665 (665) 5,250 5,665 -
Management Fees 63.959 51,802 12,157 181.623 51.802
Bookkeeping Fees 9.001 7.508 1.494 13.124 7.508
Employee Benefits Contributions-Admin 5,440 19.410 (13,070) 18,507 19,410 -
Office Expenses 18,036 20,620 (2,484) 16,423 20,520
Legal 4.683 7.200 (2,317) 4.016 7.200 -
Travel 107 - 107 - - -
Other 4.372 1.260 3.112 4,597 1,260 -
Tenant Services-Other 8.184 6.000 2.184 2.569 6.000
Water 33.166 26.810 6.356 37,959 26.810 -
Electricity 24,172 14.400 9.772 20,867 14,400 -
Gas 12,903 6.440 6,463 12.726 6.440 -
Other Utilities Expense 13.516 - 13,516 261 - -
Ordinary Maintenance and Operations-Labor 66.536 39.958 26,579 33,595 39,958 -
Ordinary Maintenance and Operations-Materia 39,293 20.500 18.793 27,279 20,500
Ordinary Maintenance and Operations-Contrac 118.729 55.610 63,119 92,571 55,610 -
Employee Benefits Contributions-Ordinary 47,397 34.405 12.992 32,155 34.405
Housing Assistance Payments - 95.935 (95,935) - 95.935
Protective Services-Other Contract Costs 2.600 1.600 1.000 2,105 1.600 -
Property Insurance 34,413 27.023 7,390 29.573 27,023 -
Liability lnsurance 10.869 9,305 1.565 10,314 9.305 -
Workers Compensation -43 7,- - -
All Other Insurance 10,4622 2.821 4,400 7,622 -
Other General Expenses 26,944 5,473 21.471 20.997 5.473 Compensated Absences - - - - -
Payment in Lieu of Taxes 7.290 3,090 4.199 2,422 3,090 -
Baddebt-TenantRents 1,747 5.400 (3,653) 8,348 5,400
Interest Expense - - - 16.521 - -
Total Operating Expenses S 611.849 S 522,132 S 89,717 S 664,485 S 522.132 $
Net Income(Loss) S 265.047 S 185,197 $ 79,850 S 688,479 S 1844107 $
Lansing Housing Commission
Budgot vs-Actual
South Washington Park
For the Period Ending December 31,2021
YTD Amount YTD Budget YTD Variance Prior YTD Actual Annual Budget Remaining
Budget
Tenant Rental Revenue S 13,057 $ 14,358 S (1,301) S 144,538 $ 14,358 S -
TenantRevenue-Other 400 400 14,572
Total Tenant Revenue $ 13,457 S 14,358 $ (901) S 159,110 S 14.358 S
HUD PHA Operating Grants 473.368 389.958 83,410 552,684 389.958 -
CFP Operational Income 350,487 - 350.487 108.164
Administrative Fees - 3.444 (3,444) - 3,444 -
Fraud Recovery and Other 4,273 3.513 760 7.229 3,513 -
Total Operating Revenue $ 841,585 $ 411,273 S 430,312 S 827,188 S 411,273 S
Administrative Salaries $ 903 $ 2.967 $ (2,064) S 38.967 $ 2,967 S -
Auditing Fees 5,000 5.775 (775) 5.250 5,775 -
Management Fees 3,516 3.105 411 148,521 3,105 -
Bookkeeping Fees 498 450 48 8.056 450
Employee Benefits Contributions -Admin 4.609 5,457 (948) 25.763 5,457 -
Office Expenses 8,492 2.566 5.926 21,386 2.566 -
Legal 1,302 600 702 8.850 600 -
Travel - - - - -
Other (873) 300 (1,173) 267 300 -
Tenant Services-Other - - - 4,700 -
Water 771 402 369 97.715 402 -
Electricity - 150 (150) 60,094 150
Gas 285 - 266 11,864 -
Other Utilities Expense 1,287 - 1.287 216 - -
Ordinary Maintenance and Operations-Labor 1,242 2.245 (1,003) 63,368 2,245 -
Ordinary Maintenance and Operations-Materla 927 9,000 (8,073) 19,014 9,000 -
Ordinary Maintenance and Operations-Contras 2,759 7,250 (4,491) 48.529 7,250 -
Employee Benefits Contributions-Ordinary 4,523 5.401 (878) 49,885 5,401
Protective Services-Other Contract Costs (221) - (221) B30 - -
Property insurance 1.766 2,010 (224) 24,441 2,010 -
Liability Insurance 983 573 410 10,784 573 -
Workers Compensation - - - - - -
AllOtherinsurance 8,437 1,098 7,339 4,877 1.098 -
OtherGeneralExpenses 21.015 1.207 19,808 21,733 1.207 -
Compensated Absences - - - -
Housing Assistance Payments 647,478 366,561 260,917 366,561 -
Payment in Lieu of Taxes 3,125 1.321 1,805 (3,237) 1,321 -
Bad debt-Tenant Rents (812) 600 (1,412) 6,616 600 -
Interest Expense - - - 3.772 - -
Total Operating Expenses S 716,913 $ 419,037 $ 297,875 S 682.064 S 419,037 S
Net Income(Loss) S 124,672 S (7,764) S 1320436 S 145.124 S (7,764) S -
Lansing Housing Commission
Budget vs.Actual
AMP Consolidated
For the Pertod Ending December 31,2021
YTD Amount YTD Budget YTD Variance Prior YTD Actual Annual Budget Remaining
Budget
Tenant Rental Revenue s7 2 00.493 $ 2 44,799 $ 35,694 $ 563,526 $ 365.785 $ 130,986
Tenant Revenue-Other 16,112 16,365 (253) 40,745 30,180 13,815
Total Tenant Revenue $ 286,605 $ 251,164 $ 35,441 $ 604,271 $ 395,965 $ 144,801
HUD PHA Operating Grants 2.619,699 2,055,896 563,803 3.065,236 3,013.536 957,640
CFP Operational income 605,103 - 605,103 1,039.894
Fraud Recovery and Other 2,231,119 13,146 2,217,973 (2,160.718) 29,667 16,522
Total Operating Revenue $ 5.742.526 $ 2,3 99.178 $ 3,413,349 $ 1,082.225 $ 3,460,687 $ 1,132,599
Administrative Salaries $ 128,319 $ 110,853 $ 17,466 $ 214,160 $ 181,251 $ 70,398
Auditing Fees 20,000 22,990 (2,990) 21,OD0 22,990 Management Fees 148.173 122,751 25,422 688,294 213,107 90,356
Bookkeeping Fees 20.858 17.745 3.113 46,686 30.795 13,050
Employee Benefits Contributions-Administrative 34.525 49,067 (14,543) 79.927 $0,537 31,470
Office Expenses 62.579 58.930 3.649 80,417 84,482 25,552
Legal Expense 10.043 18.000 (7,957) 26,135 27,000 9.000
Travel 107 - 107 - - -
Other 9.534 3.450 6,084 13.460 7,500 4,050
Tenant Services-Other 16.684 10.800 5,884 12.236 10,800 -
Water 105.626 66.904 38.721 235,491 82.167 15,262
Electricity 41.868 26.850 15.018 121.659 27,600 750
Gas 23,732 14,401 9,331 49.341 27.515 13,114
Other Utilities Expense 21.949 - 21.949 551 34.215 34,215
Ordinary Maintenance and Operations-Labor 126.143 90.890 35,253 170.786 139,004 48,114
Ordinary Maintenance and Operations-Material 75.096 54.540 20,556 79,161 59.340 4,800
Ordinary Maintenance and Operations-Contrac 276.076 213,48D 62.596 386,820 349.890 136,410
Employee Benefits Contributions-Ordinary 132,701 74.002 58.699 138.991 117,604 43,602
Protective Services-Other Contract Costs 5,109 2,635 2.474 6.414 2,635 -
Property Insurance 77.378 59.486 17,892 104,126 103,470 43,985
Liability Insurance 26.293 21,883 4.409 40,339 38.322 16,439
Workers Compensation -
All Other Insurance 34.024 22,884 11,140 18,555 32,568 9,694
Other General Expenses 100,238 14.018 86,221 87,824 23.714 9,696
Compensated Absences - - -Payments in Lieu of Taxes 25.546 11,284 14,262 15,672 20,870 9,588
Bad debt-Tenant Rents 6,550 13,800 (7,250) 21.217 19,800 6,000
Interest Expense - - 65.042
Total Operating Expenses S7 1.529.149 $ 1.101,644 $ 427,505 $ 2,724,304 $ 1,737,176 $ 635,532
Not Income(Loss) $ 4.2 33.377 $ 1,227,533 $ 2.986.843 $ (1,642.078) $ 1.723,511 $ 497,067
Lansing Housing Commission
Budget vs.Actual
COCC
For the Period Ending December 31,2021
YTD Amount YTD Budget YTD Variance Prior YTD Actual Annual Budget Remaining
Budget
Management Fees Income $ 241.317 $ 590,918 $ (349,601) $ 788.057 $ 789,866 $ 198,948
Bookkeeping Fees Income 20,858 17,749 3,109 46,686 30,805 13,056
Administrative Fees 71,045 206,594 (135,549) - 469,742 263,148
Fraud Recovery and Other 64,681 41,000 23,681 42,621 62,000 21,000
Total Operating Revenue $ 397,902 $ 856,261 $ (458,359) $ 877,363 $ 1,352,413 $ 496,152
Administrative Salaries $ 127,318 $ 148,554 $ (21.236) $ 81,769 $ 304,896 $ 156,342
Auditing Fees 7,000 5,665 1,335 5,250 5,665 -
Employee Benefits Contributions -Admin 36,849 61,415 (24,566) 24,840 121.355 59,940
Office Expenses 37,033 236,116 (199.083) 29,327 490,752 254,636
Legal 2,168 3,000 (832) 3,384 6,000 3,000
Travel 1,721 - 1,721 - -
Other 19,291 12,852 6,439 13,586 25,834 12,982
Tenant Services-Other 4,944 - 4,944 - - -
Water 596 1,105 (509) 800 2,185 1,080
Electricity 4,140 9,300 (5,160) 7,306 19,200 9,900
Gas 231 795 (564) 530 2,820 2,025
Other Utilities Expense 504 240 264 299 480 240
Ordinary Maintenance and Operations-Labor 26,414 69,996 (43,582) 200 159.240 89,244
Ordinary Maintenance and Operations-Material 326 2,200 (1,874) 4,479 4,400 2,200
Ordinary Maintenance and Operations-Contracts 18,854 7,680 11,174 878 15,010 7,330
Employee Benefits Contributions -Ordinary 8,658 27,977 (19.319) 1,106 64,121 36,144
Protective Services-Other Contract Costs 400 (400) 800 400
Property Insurance 4,018 3,609 409 3,609 -
Liabilily Insurance 717 1,393 (676) 113 1,393
Workers Compensation - - - - -
All Other Insurance 273 4,400 (4,127) 4,400 4,400 -
Other General Expenses 184,011 13,614 170,397 162,604 28,044 14,430
Compensated Absences - - - - - -
Interest Expense - - 662 - -
Total Operating Expenses $ 485.065 $ 610,311 S (125,246) $ 341.532 $ 1,260,204 $ 649,893
Net Income(Loss) $ (87,163) $ 245.950 $ (333,113) $ 535,832 S 92,209
Lansing Housing Commission
Budget vs.Actual
Housing Choice Voucher
For the Period Ending December 31,2021
YTD Amount YTD Budget YTD Variance Prior YTD Actual Annual Budget Remaining
Budget
HUD PHA Operating Grants $ 5.8 22.688 $ 6,3 11,364 $ (428,676) $ 6.373.220 $ 12,846,676 $ 6.335,312
Other Revenue 8,827 - 8.827 180 - -
Fraud Recovery and Other 15,669 3,300 12,369 6,694 6,600 3,300
Total Operating Revenue $ 5 0707,184 $ 6 1414.664 $ (407,481) $ 6,380.003 $ 12,653,276 $ 6.338.612
Administrative Salaries $ 244.857 $ 239,434 $ 5,423 $ 179.230 $ 441,982 $ 202,548
Auditing Fees 25,000 28,875 (3,875) 26,250 28,875 -
Management Fees 93,144 1134,273 (11,129) 99,763 213,335 109,062
Bookkeeping Fees - - - - - -
Employee Benefits Contributions -Admin 67.450 63,958 3,492 44,211 117,628 53,670
Office Expenses 124.608 101,942 22,666 90,416 155.742 53,800
Legal Expense - - - - - -
Travel 1,208 1,208 - -
Olher 158 30,000 (29.842) 60,000 30,000
Tenant Services-Other - - - -
Water
Electricity
Gas - - - - -
Other Utilities Expense 89 500 (411) 515 1.000 500
Ordinary Maintenance and Operations-Materis - - - - -
Ordinary Maintenance and Operations-Contra( 23.053 23,053 31.847 -
Protective services-Other Contract Costs - - 289 -
Property Insurance - - - - - -
Liability Insurance 13.870 10,560 3,310 7.760 21.450 10,890
Workers Compensation - - - - - -
AII Other Insurance 1,245 4,400 (3,155)
Other General Expenses 29,381 12.401 16,980 9,039 24,818 12,417
Compensated Absences - - - -
Housing Assistance Payments 5,698,367 5,790,000 (91,633) 5.652.343 11.580,000 5,790,000
Bad Debt-Tenant Rents - -
Interest Expense - - -
Total Operating Expenses $ 6,322,429 $ 6.386,343 $ (63,914) $ 6.141.643 $ 12,644,830 $ 6.258.487
Net Income(Loss) $ (41S,24S) $ (71,879) $ (343,567) $ 238,451 $ 8,446 $ 10,125
Lansing Housing Commission
1010 Mt.Vernon Park
Balance Sheet for December 2021
Period Amount Balance
ASSETS
1010-0000-111102 Cash-Security Deposits - 10,200.30
1010-0000-111111 Chase Checking 117,578.46 706,410.07
1010-0000-112200 Accounts Receivable 913.00 2,055.00
1010-0000-112201 Allowance for Doubtful Accounts - (135.79)
1010-0000-112220 A/R Repayment Agreement (73.00) -
1010-0000-112500 Accounts Receivable HUD -
1010-2010-112500 Accounts Receivable HUD -
1010-0000-112954 Accounts Receivables-Misc - 2,267.25
1010-0000-114500 Accrued Interest Receivable - 55.29
1010-5005-115700 Intercompany 40,245.66 (70,359.27)
1010-0000-116201 Investments Savings - 74,168.03
1010-0000-121100 Prepaid Insurance (1,793.70) 17,649.48
1010-0000-140000 Land 114,150.00
1010-0000-144000 Construction in Progress 6,053.00
1010-3000-144000 Construction in Progress 53,314.39
1010-0000-146000 Dwelling Structures - 2,567,885.60
1010-1010-146000 Dwelling Structures - -
1010-0000-146500 Dwelling Equipment-Ranges& - 20,325.87
1010-1010-146500 Dwelling Equipment-Ranges& - -
1010-3000-146500 Dwelling Equipment-Ranges& - -
1010-0000-148100 Accumulated Depreciation-Build - (2,355,778.23)
1010-1010-148100 Accumulated Depreciation-Build - -
1010-1010-148300 Accumulated Depreciation-Equip - -
1010-0000-150300 Deferred Outflow-MERS - 282,767.00
1010-0000-150301 Deferred Outflows-OPEB - 13,185.00
TOTAL ASSETS 156,870.42 1,444,212.99
LIABILITIES
1010-0000-200000 OPEB Liability - 10,413.00
1010-0000-200300 Pension Liability - 227,551.00
1010-0000-210000 Construction Costs Payabe - -
1010-0000-211100 Accounts Payable 1,443.69 2,267.20
1010-0000-211343 Accounts Payable Misc - -
1010-0000-211400 Tenant Security Deposits 10,200.30
1010-0000-211999 Tenant Refunds (1,491.00) 10,917.50
1010-0000-212000 Accrued Payroll - 2,422.62
1010-0000-213400 Utility Accrual 321.00
1010-0000-213500 Accrued Comp Absences-Curr - 762.56
1010-0000-213700 Payment in Lieu of Taxes 719.46 13,974.56
1010-0000-214000 Accrued Comp Absences-non curr - 4,320.59
1010-0000-260600 Note Payable Non Curr-PNC - -
1010-0000-260601 Note Payable-Curr-PNC - -
1010-0000-210000 Deferred Inflow-MERS - 62,251.00
1010-0000-210001 Deferred Inflows-OPEB - (10,534.00)
1010-0000-270000 Deferred Inflows - 61,492.00
TOTAL LIABILITIES 672.15 396,359.33
EQUITY
1010-0000-280100 Invest C - 2,433,904.00
1010-0000-280500 Unrestricted Net Assets - 801,692.03
1010-0000-282000 Income and Expense Clearing 156,198.27 (4,205,243.26)
1010-0003-282000 Income and Expense Clearing - (77.99)
1010-1010-282000 Income and Expense Clearing (320.14)
1010-1010-282000 Income and Expense Clearing - (72,265.80)
1010-2010-282000 Income and Expense Clearing - (75.00)
1010-3000-282000 Income and Expense Clearing - 2,090,239.82
TOTAL EQUITY 156,198.27 1,047,853.66
TOTAL LIABILITES&EQUITY 156,870.42 1,444,212.99
Lansing Housing Commission
1020 Hildebrandt Park
Balance Sheet for December 2021
Period Amount Balance
ASSETS
1020-0000-111102 Cash-Security Deposits - 36,398.00
1020-0000-111111 Chase Checking (86,814.77) 649,789.62
1020-0000-112200 Accounts Receivable 7,175.75 8,894.00
1020-0000-112201 Allowance for Doubtful Accounts - 278.80
1020-0000-112220 A/R Repayment Agreement (17.00) -
1020-0000-112500 Accounts Receivable HUD - -
1020-2010-112500 Accounts Receivable HUD - -
1020-0000-114500 Accrued Interest Receivable - 55.29
1020-5005-115700 Intercompany 123.246.92 (23,700.23)
1020-0000-116201 Investments Savings - 74,168.04
1020-0000-121100 Prepaid Insurance (5,857.89) 62,515.53
1020-0000-140000 Land - 348,580.00
1020-0000-144000 Construction in Progress 6.234.19 52,892.89
1020-3000-144000 Construction in Progress 16,892.34 139,560.88
1020-0000-146000 Dwelling Structures - 2,745,252.13
1020-1020-146000 Dwelling Structures - 115,030.00
1020-0000-146500 Dwelling Equipment-Ranges& - 35,085.00
1020-1020-146500 Dwelling Equipment-Ranges& - 21,635.00
1020-0000-148100 Accumulated Depreciation-Build - (2,738,837.02)
1020-1020-148100 Accumulated Depreciation-Build - (51,897.16)
1020-1020-148300 Accumulated Depreciation-Equip - (9,758.67)
1020-0000-150300 Deferred Outflow-MERS - 236,799.00
1020-0000-150301 Deferred Outflows-OPEB - 6.902.00
TOTAL ASSETS 60,859.54 1,709,643.10
LIABILITIES
1020-0000-200000 OPEB Liability - 5,450.00
1020-0000-200300 Pension Liability - 190,560.00
1020-0000-210000 Construction Costs Payabe - -
1020-0000-211100 Accounts Payable (8,273.49) 408.60
1020-0000-211343 Accounts Payable Misc - -
1020-0000-211400 Tenant Security Deposits 1,768.00 21,177.00
1020-0000-211999 Tenant Refunds (15,501.09) 18,679.71
1020-0000-212000 Accrued Payroll - 9,930.43
1020-0000-213400 Utility Accrual - 25,624.00
1020-0000-213500 Accrued Comp Absences-Curr - 2,296.44
1020-0000-213700 Payment in Lieu of Taxes (544.80) 21,202.67
1020-0000-214000 Accrued Comp Absences-non curr - 13,013.16
1020-0000-260600 Note Payable Non Curr-PNC - -
1020-0000-260601 Note Payable-Curr-PNC - -
1020-0000-210000 Deferred Inflow-MERS - 52,132.00
1020-0000-210001 Deferred Inflow-OPEB - (5,514.00)
1020-0000-270000 Deferred Inflows - 32,189.00
TOTAL LIABILITIES (22,551.38) 387,149.01
EQUITY
1020-0000-280100 Invest - 3,764,889.00
1020-0000-280500 Unrestricted Net Assets - (35,006.10)
1020-0000-282000 Income and Expense Clearing 83,410.92 (4,709,622.33)
1020-1020-282000 Income and Expense Clearing - (162,850.00)
1020-2010-282000 Income and Expense Clearing - (56.25)
1020-3000-282000 Income and Expense Clearing - 2,465,139.77
TOTAL EQUITY 83.410.92 1,322,494.09
TOTAL LIABILITES&EQUITY 60,859.54 1,709,643.10
Lansing Housing Commission
1080 La Roy Froh Townhomes
Balance Sheet for December 2021
Period Amount Balance
ASSETS
1080-0000-111102 Cash-Security Deposits 82,784.68 873,345.00
1080-0000-111111 Chase Checking 4,416.63 19,471.34
1080-0000-112200 Accounts Receivable - (2,378.47)
1080-0000-112201 Allowance for Doubtful Accounts (17.00) 12.00
1080-0000-112220 A/R Repayment Agreement - -
1080-0000-112500 Accounts Receivable HUD - 55.29
1080-2010-112500 Accounts Receivable HUD - -
1080-0000-112954 Accounts Receivables-Misc - -
1080-0000-114500 Accrued Interest Receivable 28,464.82 (31,935.44)
1080-5005-115700 Intercompany - 74,168.03
1080-0000-116201 Investments Savings (5,656.39) 65,152.54
1080-0000-121100 Prepaid Insurance - 499,084.00
1080-0000-140000 Land - 111,737.04
1080-0000-144000 Construction in Progress - 271,265.74
1080-3000-144000 Construction in Progress - 12,792,393.80
1080-0000-146000 Dwelling Structures - 520,795.00
1080-1080-146000 Dwelling Structures - 51,291.24
1080-0000-146500 Dwelling Equipment-Ranges& - (10,456,604.44)
1080-0000-148100 Accumulated Depreciation-Build - (234,955.00)
1080-1080-148100 Accumulated Depreciation-Build - 306,159.00
1080-0000-150300 Deferred Outflow-MERS - 11,114.00
1080-0000-150301 Deferred Outflows-OPEB - (8,776.00)
TOTAL ASSETS 109,992.74 4,861,394.67
LIABILITIES
1080-0000-200000 OPEB Liability - 246,376.00
1080-0000-200300 Pension Liability - 67,401.00
1080-0000-210000 Construction Costs Payabe - -
1080-0000-211100 Accounts Payable (7,310.93) 2,253.30
1080-0000-211343 Accounts Payable Misc - -
1080-0000-211400 Tenant Security Deposits (100.00) 39,053.00
1080-0000-211999 Tenant Refunds 3,914.63 19,574.51
1080-0000-212000 Accrued Payroll - 9,503.77
1080-0000-213400 Utility Accrual - 13,941.00
1080-0000-213500 Accrued Comp Absences-Curr - 1,104.85
1080-0000-213700 Payment in Lieu of Taxes 322.81 10,628.36
1080-0000-214000 Accrued Comp Absences-non curr - 6,260.81
1080-0000-260600 Note Payable Non Curr-PNC - -
1080-0000-260601 Note Payable-Curr-PNC - -
1080-0000-210000 Deferred Inflow-MERS - (8,879.00)
1080-0000-270000 Deferred Inflows - 51,831.00
TOTAL LIABILITIES (3,173.49) 459,048.60
EQUITY
1080-0000-280100 Invest C - 4,031,104.00
1080-0000-280500 Unrestricted Net Assets - 134,241.63
1080-0000-282000 Income and Expense Clearing 113,166.23 (1,461,198.34)
1080-1080-282000 Income and Expense Clearing - (96,075.00)
1080-2010-282000 Income and Expense Clearing - (56.25)
1080-3000-282000 Income and Expense Clearing - 1,794,330.03
TOTAL EQUITY 113,166.23 4,402,346.07
TOTAL LIABILITES&EQUITY 109,992.74 4,861,394.67
Lansing Housing Commission
1090 South Washington Park
Balance Sheet for December 2021
Period Amount Balance
ASSETS
1090-0000-111102 Cash-Security Deposits - 1,777.00
1090-0000-111111 Chase Checking 114,393.92 552,008.11
1090-0000-112000 Accounts Receivable-Operations (875.00) 33,093.00
1090-0000-112200 Accounts Receivable 1,495.00 3,439.60
1090-0000-112201 Allowance for Doubtful Accounts - (634.89)
1090-0108-112201 Allowance for Doubtful Accounts - -
1090-0000-112220 AIR Repayment Agreement - -
1090-0000-112500 Accounts Receivable HUD 875.00 -
1090-2010-112500 Accounts Receivable HUD - -
1090-0000-114500 Accrued Interest Receivable - 55.29
1090-5005-115700 Intercompany 22,193.08 14,098.13
1090-0000-116201 Investments Savings - 74.168.03
1090-0000-121100 Prepaid Insurance 1,922.22 5,787.10
1090-0000-140000 Land - 36.534.00
1090-0000-144000 Construction in Progress - 3,650.00
1090-3000-144000 Construction in Progress - 72,259.90
1090-0000-146000 Dwelling Structures - 288,076.96
1090-1090-146000 Dwelling Structures - -
1090-0000-146500 Dwelling Equipment-Ranges& - 2,558.79
1090-0000-147000 Nondwellin Structures - -
1090-0000-148100 Accumulated Depreciation-Build - (281,631.86)
1090-1090-148100 Accumulated Depreciation-Build - -
1090-0000-150300 Deferred Outflow-MERS - 282,187.00
1090-0000-150301 Deferred Outflows-OPEB - 6,866.00
TOTAL ASSETS 140,004.22 1,094,292.16
LIABILITIES
1090-0000-200000 OPEB Liability - 5,422.00
1090-0000-200300 Pension Liability - 227,085.00
1090-0000-210000 Construction Costs Payabe - -
1090-0000-211100 Accounts Payable 817.20 817.20
1090-0000-211343 Accounts Payable Misc - -
1090-0000-211400 Tenant Security Deposits - 1,777.00
1090-0000-211999 Tenant Refunds 711.00 3,102.00
1090-0000-212000 Accrued Payroll - 11,686.49
1090-0000-213400 Utility Accrual - 160.00
1090-0000-213500 Accrued Comp Absences-Curr - 3,591.55
1090-0000-213700 Payment in Lieu of Taxes 658.14 (1,832.03)
1090-0000-214000 Accrued Comp Absences-non curr - 20,352.10
1090-0000-260600 Note Payable Non Curr-PNC - -
1090-0000-260601 Note Payable-Curr-PNC - -
1090-0000-210000 Deferred Inflow-MERS - 62,123.00
1090-0000-210001 Deferred Inflow-OPEB - (5,486.00)
1090-0000-270000 Deferred Inflows - 32,021.00
TOTAL LIABILITIES 2,186.34 360,719.31
EQUITY
1090-0000-280100 Invest 3,083,846.00
1090-0000-280500 Unrestricted Net Assets - 52,038.44
1090-0000-282000 Income and Expense Clearing 137,817.88 (6,390,571.73)
1090-1090-282000 Income and Expense Clearing - (19,923.00)
1090-2010-282000 Income and Expense Clearing (75.00)
1090-3000-282000 Income and Expense Clearing - 4,008,258.14
TOTAL EQUITY 137,817.88 733,572.85
TOTAL LIABILITES&EQUITY 140,004.22 1,094,292.16
Lansing Housing Commission
5005 Central Office Cost Center
Balance Sheet for December 2021
Period Amount Balance
ASSETS
5005-0000-111101 General Fund Checking -
5005-0000-111105 LHC-Payroll Account (48,142.10) 66,744.64
5005-0000-111111 Chase Checking 272,129.28 1,912,158.23
5005-0000-112500 Accounts Receivable HUD 2,373.76 378,395.45
5005-0 000-1 1 2 954 Accounts Receivables-Misc 36,901.84 (593,489.16)
5005-1010-115700 Intercompany (40,245.66) 70,359.27
5005-1020-115700 Intercompany (123,246.92) 23,700.23
5005-1080-115700 Intercompany (28,464.82) 31,935.44
5005-1090-115700 Intercompany (22,193.08) (14,098,13)
5005-4001-115700 Intercompany (15,926.20) 879,660.11
5005-8001-115700 Intercompany (126,957.30) (6,711.73)
5005-8002-115700 Intercompany 101,855.69 150,216.58
5005-8005-115700 Intercompany 4,649.80 0.78
5005-8010-115700 Intercompany (4,672.73) 4,676.62
5005-8020-115700 Intercompany 55,000.00 46,512.00
5005-8021-115700 Intercompany (56,000.00) (13,118.00)
5005-9101-115700 Intercompany -
5005-0000-121100 Prepaid Insurance (284.73) 5,842.19
5005-0000-121200 Prepaid-Other 1,920.00 11,622.00
5005-0000-140000 Land - 190,000.00
5005-0000-144000 Construction in Progress 41,738.84
5005-0000-146000 Dwelling Structures 775,620.74
5005-0000-146500 Dwelling Equipment-Ranges& 335,281.25
5005-0000-148100 Accumulated Depreciation-Build (1,055,856.85)
5005-0000-150102 Investment in OG 411,617.62
5005-0000-150300 Deferred Outflow-MERS 197,972.00
5005-0000-150301 Deferred Outflows-OPEB 6,506.00
TOTAL ASSETS 8,696.83 3,857 286.12
LIABILITIES
5005-0000-200000 OPEB Liability - 5,138.00
5005-0000-200300 Pension Liability - 159,319.00
5005-0000-210000 Construction Costs Payabe - -
5005-0000-211100 Accounts Payable 61,118.87 61,632.35
5005-0000-211343 Accounts Payable Misc - -
5005-0000-211703 Union Dues Payable (216.00) (1,080.00)
5005-0000-211704 Health Insurance W/H - -
5005-0000-212000 Accrued Payroll - 8,104.41
5005-0000-213400 Utility Accrual - 1,202.00
5005-0000-213500 Accrued Comp Absences-Curr - 1,800.24
5005-0000-214000 Accrued Comp Absences-non curr - 10,201.33
5005-0000-224000 Tenant Prepaid Rent - 3,600.00
5005-0000-260700 Note Payable Non Curr-Davenport - -
5005-0000-260701 Note Payable-Curr-Davenport - -
5005-0000-210000 Deferred Inflow-MERS - 43,585.00
5005-0000-210001 Deferred Inflow-OPEB - (5,198.00)
5005-0000-270000 Deferred Inflows - 30,342.00
TOTAL LIABILITIES 60,902.87 318,646.33
EQUITY
5005-0000-280100 Invest C - 262,455.00
5005-0000-280500 Unrestricted Net Assets - 327,575.00
5005-0000-282000 Income and Expense Clearing (52,206.04) 3,181,803.17
5005-1010-282000 Income and Expense Clearing - -3,277.50
5005-1090-282000 Income and Expense Clearing - 3,990.83
5005-3000-282000 Income and Expense Clearing - -233,906.71
TOTAL EQUITY (52.206.04) 3,538,639.79
TOTAL LIABILITES&EQUITY 8,696.83 3,857,286.12
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Lansing Housing Commission
Housing Choice Voucher
Balance Sheet for December 2021
Period Amount Balance
ASSETS
8001-0000-111111 Chase Checking (174,986.85) 886,887.48
8001-2010-111111 Chase Checking - -
8002-0000-111111 Chase Checking 275,120.82 335,327.26
8002-0000-112200 Accounts Receivable - -
8002-8002-112200 Accounts Receivable 1,299.00 1,299.00
8001-0000-112954 Accounts Receivables-Misc - 2,966.15
8002-0000-112954 Accounts Receivables-Misc - -
8001-5005-115700 Intercompany 126,957.30 6,711.73
8002-5005-115700 Intercompany (101,855.69) (219,016.58)
8001-0000-121100 Prepaid Insurance (2,726.44) 21,810.51
8001-2010-144000 Construction in Progress - 3,753.83
8001-0000-146500 Dwelling Equipment-Ranges& - 44,423.50
8001-0000-148100 Accumulated Depreciation-Build - (28,063.43)
8002-0000-148100 Accumulated Depreciation-Build - -
8001-0000-150300 Deferred Outflow-MERS - 291,490.00
8001-0000-150301 Deferred Outflows-OPEB - 18,864.00
TOTAL ASSETS 123,808.14 1,366,463.45
LIABILITIES
8001-0000-200000 OPEB Liability - 14,897.00
8001-0000-200300 Pension Liability - 234,571.00
8001-0000-210000 Construction Costs Payabe - -
8001-0000-211100 Accounts Payable 1,488.48 2,744.86
8002-0000-211100 Accounts Payable - -
8002-8002-211100 Accounts Payable - (130.00)
8001-0000-211343 Accounts Payable Misc - -
8001-2010-211998 Deferred Income - -
8001-0000-212000 Accrued Payroll - 21,077.27
8001-0000-213400 Utility Accrual - -
8001-0000-213500 Accrued Comp Absences-Curr - 6,903.56
8001-0000-214000 Accrued Comp Absences-non curr - 39,120.20
8001-0000-210000 Deferred Inflow-MERS - 64,172.00
8001-0000-210001 Deferred Inflow-OPEB - (15,072.00)
8001-0000-270000 Deferred Inflows - 87,978.00
TOTAL LIABILITIES 1,488.48 456,261.89
EQUITY
8001-0000-280500 Unrestricted Net Assets - (311,896.99)
8001-0000-282000 Income and Expense Clearing (52,244.47) 1,107,517.79
8001-0003-282000 Income and Expense Clearing - (1,038.20)
8001-3000-282000 Income and Expense Clearing - (2,130.72)
8002-0000-280100 Invest C - 3,047.00
8002-0000-280400 Restricted Net Assets - 152,357.00
8002-0000-280500 Unrestricted Net Assets - 453,953.00
8002-0000-282000 Income and Expense Clearing 174,564.13 66,142,670.47
8002-8002-282000 Income and Expense Clearing - (66,634,287.79)
TOTAL EQUITY 122,319.66 910,191.56
TOTAL LIABILITES&EQUITY 123,808.14 1,366,453.45
Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
January 26, 2022
HONORABLE MEMBERS IN SESSION
Lansing Housing Commission
419 Cherry St.
Lansing Michigan 48933
SUBJECT:
December 2021 Housing Choice Voucher (HCV) Monthly Report
CONTACT PERSON:
Jennifer Burnette
Assistant Director of Housing Programs
Family Self Sufficiency (FSS):
LHC staff is continuing to outreach for additional participation with the FSS program.
HCV Orientations:
LHC issued ten (10) vouchers in the month of December.
Two (2) VASH orientations virtually were held for the month of December 2021, and two (2)
vouchers were issued with the assistance of community partners.
Waiting List:
Emergency Housing Vouchers: 11 of the 32 Emergency Housing Vouchers have been
leased up, 6 are pending calculation/inspection and 15 issued and are out searching for
housing. 100 regular HCV applications mailed out during the month of December, 56
households are out searching for units, 7 applicants are pending documentation or final
approval, 3 applicants are pending a hearing, 6 units approved and pending inspection and
11 pending lease-up.
Department Initiatives:
In the HCV Program there are currently 1,627 vouchers housed in all its programs. 37
participants are with the Shelter Plus Care Program (S+C), 68 are housed under the
Permanent Supportive Housing Program (PSH), 10 are housed under the Emergency
Housing Voucher Program (EHV), and 135 are housed under the HUD Veterans Affairs
TDD/TTY#: 1-800-545-1833 Ext. 919 n -qual Housing Opportunity
Housing Choice Voucher Report December 2021
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Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
Supportive Housing (VASH) 25 at Waverly Place, and 1,353 are housed under the Housing
Choice Voucher Program.
Voucher Utilization
November Voucher Program Total Units 1,863
November Traditional HCV Utilization 1491
November % Utilized Units 80%
December Voucher Program Total Units 1,863
December Traditional HCV Utilization 1488
December % Utilized Units 80%
Voucher Disbursement
HUD November HAP Disbursement $979,167
LHC November HAP/UAP Disbursement $888,649
% Voucher Funding Utilization 91%
HUD December HAP Disbursement $997,358
LHC December HAP/UAP Disbursement $944,423
% Voucher Funding Utilization 95%
HUD Held Reserves as of October 2020 $2,678,131
SEMAP Indicators
Indicator 1- Selection from the Waiting List
This indicator measures whether LHC has written policies in its administrative plan for
selecting applicants from the waiting list. This indicator is not scored by PIC but is based on an
internal review. LHC is on track to receive all points for this indicator out of a possible 15 as it
does have written policy.
Waiting List
PIC Scoring Internal Scoring
N/A 15
TDDrrTY#:1-800-545-1833 Ext.919 1� "Equal Housing Opportunity"1&7
Housing Choice Voucher Report December 2021
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Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
Indicator 2- Rent Reasonableness
LHC has a method for determining the rent (for each unit leased) is reasonable based on
current rents charged for comparable unassisted units. LHC reviewed rent reasonable for the
fiscal year 2021. This indicator is not scored by PIC but based.
on an internal review. LHC will self-score 20 points for this indicator our of a possible 20.
Rent Reasonableness
PIC Scoring Internal Scoring
N/A 20
Indicator 3- Determination of Adjusted Income
This indicator measures if, at the time of admission and reexamination, LHC verifies and
correctly determines adjusted annual income for each assisted family, and if LHC uses the
appropriate utility allowance(s). This indicator is not scored in PIC but is based on an internal
review and scoring. LHC completed 8 file audits with a requirement of 26 to be reviewed for
scoring purposes. Therefore, LHC will self-score 20 points out of 20 for the fiscal year ending
June 2022.
Adjusted Income
PIC Scoring Internal Scoring
N/A 20
Indicator 4- Utility Allowance
The new Utility Allowances were approved and are effective 12/01/2021. This indicator is not
scored through PIC but is based on an internal review. Based on the internal review, LHC would
receive five (5) of the possible five (5) points for this indicator by the end of the fiscal year.
Utility Allowance
PIC Scoring Internal Scoring
N/A 5
Indicator 5- HQS Quality Control Inspections
The number of Quality Control Inspections needed for the year is 28. During this reporting
period zero (0) quality control inspections were conducted. This indictor is not scored by PIC
but is based on an internal review. Based on the internal review LHC will self-score a five (5)
out of the five (5) possible points.
TDDrrTY#: 1-800-545-1833 Ext.919 "equal Housing Opportunity"I�.r
Housing Choice Voucher Report December 2021
-A1A"*YA�n�
Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
Quality Control Inspections
PIC Scoring Internal Scoring
N/A 5
Indicator 6- HQS Enforcement
Following each HQS inspection of a unit under contract where the unit fails to meet HQS, any
cited life threatening HQS deficiencies are corrected within 24-hours and all other cited HQS
deficiencies are corrected within 30 days. If deficiencies are not corrected timely LHC stops
(abates) HAP payment or terminates the contract. This indicator is not scored by PIC but is
determined from an internal review. LHC's review indicates there were zero (0) 24-hour
deficiencies and forty-six (46) 30-day deficiencies. All corrected, abated, or terminated, as
necessary.
HQS Enforcement
PIC Scoring Internal Scoring
N/A 10
Indicator 7- Expanding Housing Opportunities
LHC adopted and implemented a written policy to encourage participation by owners of units
located outside areas of poverty and minority concentration. This indicator is not scored in PIC
but is based on an internal review. As of this reporting period, LHC records this indicator as
receiving five (5) of a possible five (5)
Housing Opportunities
PIC Scoring Internal Scoring
N/A 5
Indicator 8- Payment Standards
This indicator shows whether LHC has adopted a current payment standard schedule for the
voucher program by unit size. During this reporting period, the HCV Payment Standards were
increased to 110% of the success rate 50th percentile. The current payment standards have
received Board approval. This indicator is not scored by PIC but is based on an internal
review. As of this reporting period, LHC records indicate a five (5) out of a possible five (5)
points will be received.
TDDrM#:1-800-545-1833 Ext.919 1� 'Equal Housing Opportunity"®
Housing Choice Voucher Report December 2021
,A/AAr
Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
PIC Scoring Internal Scoring
N/A 5
Indicator 9- Annual Reexamination
This indicator is used to determine if LHC has completed a reexamination for each
participating family at least every 12 months. As of December 31, 2021, the reporting rate is
97%. Based on PIC, LHC records this indicator as 10 of a possible 10 points.
Annual Reexaminations
PIC Scoring Internal Scoring
10 10
Indicator 10- Correct Tenant Rent Calculation
This indicator shows if LHC correctly calculates tenants' rent and the family share of the rent to
the owner in the voucher program. As of this reporting period, PIC records indicate LHC will
receive 100%. According to PIC records there are no tenant rent calculation discrepancies to
report. Based on PIC, LHC records this indicator as receiving five (5) of a possible five (5)
points.
Correct Tenant Rent
PIC Scoring Internal Scoring
5 5
Indicator 11- Pre-Contract HQS Inspections
This indicator shows if newly leased units pass HQS inspection on or before the beginning
date of the assisted lease and HAP contract. As of this reporting period, PIC recorded this
indicator as receiving 100%. Based on PIC LHC would receive five (5) of a possible five (5)
points.
Pre-Contract HQS
PIC Scoring Internal Scoring
5 5
Indicator 12-Inspections
This indicator shows if LHC has inspected each unit under contract at least bi-annually. As of
this reporting period, PIC recorded this indicator as receiving 99%. Based on PIC LHC would
receive 10 of the possible 10 points.
TDD/TTY#: 1-800-545-1833 Ext.919 -qual Housing Opportunity Lu"
Housing Choice Voucher Report December 2021
Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
Inspections
PIC Scoring Internal Scoring
10 10
Indicator 13- Program Utilization
The department utilization rate during this reporting period is 80%. In an effort to maximize the
number of participants that are housed, the program's utilization rate will continue to be closely
monitored without exceeding funding capacity. SEMAP certification requires LHC to report the
status of efforts in providing Housing Choice Vouchers and leasing units based on funds
awarded by HUD.
Program Utilization
PIC Scoring Internal Scoring
N/A 20
Indicator 14-Family Self Sufficiency
As of this reporting period, the Family Self Sufficiency (FSS) Program has 37 mandatory slots,
17 slots/households or (46%) are enrolled. SEMAP certification requires the LHC to report the
status of enrollment for the FSS program.
Enrollment and Escrow Accounts are documented by Indicator 14. As of this reporting period,
LHC would receive five (5) of 10 points.
FSS Enrollment
PIC Scoring Internal Scoring
N/A 5
Currently 50% of the FSS participants enrolled in the program have escrow accounts. The
maximum allowable points are five of(10) points. LHC is currently doing an internal rating of five
(5) points.
Participant's w/ Escrows
PIC Scoring Internal Scoring
N/A 5
*Please note all PIC data is of 12/31/2021.
TDDn7Y#: 1-800-545-1833 Ext.919 n "Equal Housing Opportunity"F&
Housing Choice Voucher Report December 2021
Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
January 26, 2022
HONORABLE MEMBERS IN SESSION
Lansing Housing Commission
419 Cherry St.
Lansing Michigan 48933
SUBJECT:
December 2021 Asset Management Monthly Report
CONTACT PERSON:
Doug Fleming
Executive Director
517-487-6550 Ext. 111
OVERVIEW:
Lansing Housing Commission ("LHC") communities had an overall occupancy rating of
95% (not including the modernization units) at the end of December. LHC Unit Months
Leased (UML) was 386 (with units in MOD) or 95% occupancy rate. LHC maintained a 95%
occupancy level, which does not meet the 96% recovery plan occupancy goal.
Public Housing (PH) Scattered Sites occupancy was 97% at the end of December.
There were zero (0) household moved in, zero (0) resident moved out, and zero (0) unit
transfers. The total units occupied was 297 which equals 97%. At the end of December, PH
scattered sites had a total of 105 open work orders.
LaRoy Froh occupancy was 89% at the end of December. There was zero (0)
household moved in, zero (0) resident moved out, zero (0) unit transfers. The total
units occupied was 89 which equals 89%. At the end of December, LaRoy Froh had
a total of 80 open work orders.
TDD/TTY#: 1-800-545-1833 Ext.919 n "Equal Housing Opportunity"
Monthly Asset Management Report December 2021
Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517)487-6550 Fax: (517)487-6977
OCCUPANCY:
UML Gross
Occupied 1st (including Total
Total Number Move Move Transfer
Site day of month MOD MOD
of Units Ins Outs Units
including Occupancy Units
MOD units rate)
PH Scattered Sites 306 297 97% 0 0 0 0
LaRoy Froh 100 89 89% 0 0 0 0
Totals 406 386 95% 0 0 0 0
RENT COLLECTION:
Site Rent Charged Receivables Total Collection Rate
Uncollected
PH Scattered Sites $ NA $ NA $ NA TBD
LaRoy Froh $ 17,715 $ 26,942 $ 0 152%
Totals $ 17,715 $ 26,942 $ 0 152%
TDD/TTY#:1-800-545-1833 Ext.919 n "Equal Housing Opportunity"F&
Monthly Asset Management Report December 2021
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Lansing Housing
COMMISSION 419 Cherry St., Lansing, MI 48933Telephone: (517)487-6550 Fax: (517)487-6977
PH Scattered Sites Vacant Unit Status:
Address BR Vacate Total Projected Unit turn Comments*Details
Date Days Ready Cost needed for Vacancies
Vacant Date over 20 days
5018 Starr 5 6-30-21 177 10-27-21 $1200 Carpentry work being
assigned for completion
2119 Forest 2 11-30-21 31 1-30-22 Cleaning getting done
5840 Pheasant 3 7-1-21 177 10-22-21 TBD Carpentry work being
assigned for completion
4343 Glenburne 2 3-12-21 277 10-27-21 $1250 Applicant assigned
4151 Glenburne 2 9-16-20 422 9-9-21 $1275 Processing/pulling
applications
2165 Forest 2 3-2-21 343 10-22-21 $1800 Carpentry work being
assigned for completion
124 Howe 4 6-23-21 182 9-15-21 $2250 Complete restoration
required
1507 Robertson 3 2-10-21 337 9-11-21 $1675 Move in scheduled for 9-
22-21
636 Hayford 3 6-24-21 164 TBD TBD Getting painted and
cleaned
LaRoy Froh Vacant Unit Status:
Address BR Vacate Total Projected Unit turn Comments*Details
Date Days Ready Cost needed for Vacancies
Vacate Date over 20 days
2332 Reo 2 3-12-21 292 Completing Rehab
2212 Reo 3 10-22-20 464
2440 Reo 3 11-19-20 426
2508 Reo 3 1 2-10-21 322
2220 Reo 3 4-30-21 245
2520 Reo 2 4-30-21 245
2224 Reo 5 4-28-21 248
2448 Reo 4 4-25-21 249
2536 Reo 2 9-12-21 102
2534 Reo 3 11-19-21 49
2532 Reo 3 11-5-21 1 55
TDD/TTY#: 1-800-545-1833 Ext.919 Equal Housing Opportunity"
Monthly Asset Management Report December 2021