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Home My WebLink About5-4-2022 Lansing Housing CommissionLansing Housing COMMISSION 1. Call to Order a. Roll CaII 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 Agenda Lansing Housing Commission May 4, 2022 b. Approval of Minutes of March 23, 2022 c. Public Comment — limit 3 minutes per person 2. Action Items: 3. Informational Items: a. Finance Report March 2022 Steven Raiche b. Housing Choice Voucher March 2022 Jennifer Burnette c. Asset Management Report March 2022 ■ Scattered Sites Marcus Hardy 4. Discussion Items: a. Section 18 Update b. RAD Construction Update 5. Other Items: 6. Executive Director's Comments. 7. President's Comments 8. Adjournment. TDD/TTY #: 1-800-545-1833 Ext. 919 -Equal Housing Opportunity" Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 Minutes of March 23, 2022 Commissioner Henry called the meeting to order at 5:31 p.m. Mr. Fleming, called the roll. PRESENT AT ROLL CALL: Commissioners Emma Henry, Don Sober, Loria Hall, Heather Taylor joined at 5:45 pm, Ashlee Barker absent STAFF: Douglas Fleming Kim Shirey Steven Raiche — Contractor Guests: None Marcus Hardy Jennifer Burnette Commissioner Hall moved and Commissioner Sober seconded a motion to approve the minutes of the February 23, 2022, commission meeting. The Motion was approved by all members present. Action Items: Resolution 1334 — approval of contract amount between LHC and Habitat for Humanity Capital Region. • Contract for Habitat for Humanity funds that we will be using to fix up the DeMinimus houses that have been removed from Public Housing as a result of our last closing at LaRoy Froh. Habitat for Humanity has a construction management group that we are contracting with to bring them up to Habitat standards. The long-term goal is that they have low-income residents that are ready to purchase these homes by working with MSUFCU on the mortgage. We will be investing money up front to fix the homes up and once they are sold, we will get repaid out of the proceeds of the house due to the fact that the homes have no debt owed. Some homes the scope of work is below the value which means after our investment for repairs we will make a profit. Others have a scope of work that will be above the value, and we may come up short on some of those homes. Overall, we should profit, but may lose some money on some individual homes as we bring them up to standard for the home buyer. We are currently at a partnership of moving 7 of the homes to homeownership. TDD/TTY #: 1-800-545-1833 Ext. 919 'Equal Housing Opportunity" L Lansing Housing Commission Minutes February 23, 2021 1 IVY:: T Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 Commissioner Hall moved and Commissioner Sober seconded a motion to approve the contract amount. This motion was approved by all members present. Resolution 1335 — approval of Collective Bargaining Agreement between LHC and LHC Employees' Chapter of Local 1390.11. • Collective Bargaining Agreement ended on December 31, 2021. There have been negotiations taking place since that date for a few minor changes. There was an agreement of a 3.5% increase over the next three years beginning January 1, 2022, this change will be retroactive once approved. Another 3.5% raise will take effect in January 2023 and January 2024. We have also added a new position titled Maintenance I. We have a current intern that meets the criteria to transition to this position. This position would be lower level than an employee that could hire in as maintenance and work independently. This would allow an additional training period and provide the employee with full-time benefits at a lower wage to start. In regard to holiday pay, an employee that works on a holiday including on -call, call -ins will receive double-time holiday pay for the purpose of this, a holiday is identified as the day the holiday is on not the day it is observed per Section 16.3 of the agreement. Juneteenth has also been added as a paid holiday. Commissioner Sober moved and Commissioner Hall Seconded the motion to approve the Collective Bargaining Agreement. This motion was approved by all members present. Informational Items: Finance Report February 2022 Steven Raiche • Director Fleming and Steve had a phone conference call with Emma and Ashley on Monday to speak about a variety of things. Overall, we are 8 months into our fiscal year with no significant concerns financially. • When we sold South Washington Park approximately a year ago, we had a higher receivable balance that we held on to in hopes of collecting that, but at this point in time, we do not feel we can justify keeping that on our books so that $30,000 was written off in the month of February. TDD/TTY #: 1-800-545-1833 Ext. 919 "Equal Housing Opportunity l : Lansing Housing Commission Minutes February 23, 2021 Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 Housing Choice Voucher February 2022 Jennifer Burnette Jennifer Burnette provided a brief overview of the February 2022 HCV Reports. • LHC issued fifteen (15) vouchers in the month of February. We had two (2) VASH orientations held virtually for the month of February 2022 two (2) vouchers were issued with the assistance of community partners. There are currently an additional 8 vouchers issued and out searching. • Emergency Housing Vouchers: 17 of the 32 Emergency Housing Vouchers have been leased up and are housed, 2 are pending calculation or inspection. We have 12 that are issued and are out searching for housing. • 150 regular HCV Applications mailed out in February are pending return, 54 households are out searching for units, 63 applicants are pending documentation or final approval, 1 applicant is pending a hearing, 6 units approved and pending inspections, and 14 pending leased up. Asset Management Report — February 2022 Public Housing (PH) Scattered Sites — Marcus Hardy • Public Housing Scattered Sites had an occupancy rate of 97% at the end of February. There was zero (0) move -in, zero (0) move -outs and zero (0) transfer. There are 9 vacancies, two of which are ready for lease -up and should be occupied in the next week. The other 7 we are working on occupancy. There are 130 open work orders. The majority of those are City Inspection items that are getting ready to be closed. Discussion Items: • Section 18 Update o We have moved to a letter of intent with the buyers that Sam discussed last month. We are waiting for a letter with the final terms of what the agreement will be and making some changes along the way. There are also ongoing discussions with HUD relative to the voucher that we are going to award the new buyers so that the tenants that are living there will be able to continue to live TDD/TTY #: 1-800-545-1833 Ext. 919 'equal Housing Opportunity" L�"J Lansing Housing Commission Minutes February 23, 2021 itovIAT Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 there which is what the intent of this Board and what the city wanted so we are working on that. We do have to put out an RFP for those project -based vouchers per HUD guidelines which will be issued in the next few weeks. We will also be proceeding forward with the terms of the letter of intent so that once the RFP is complete, we will already have buyer terms lined up. We do not have a sale date yet, there is also some environmental work that is being completed and that the City of Lansing will need to sign off on. That continues to move forward with conversations regularly about what they need and that what we are providing is sufficient so that they can sign off on that part which is also required by HUD as part of the process. • RAD Construction Update o We closed on LaRoy Froh. There are financial implications to that as there were in the first 3 closings. Traditionally we will provide a rundown of the financial implications of that closing which will be provided at the April meeting. It was a smooth closing and similar to the closing of Hildebrandt Park closing. Director Fleming is very happy with the staff; this is our 4th RAD closing in 18 months which is a tremendous accomplishment. Not just a fact that we have closed, had financial impacts on the organization, but they are all under construction now with LaRoy Froh beginning construction within the next 30 days. This summer we will have all 4 under construction meaning new units, new utilities, and other upgrades that will impact our residents which is the ultimate goal of RAD. We will continue to have weekly staff meetings with key partners, but now they will be focused on operations and construction deadlines. o Capital City has 117 units completed, making great progress. 21 units will be turned over to the contractors in mid -April. There will then be 25 units remaining to be renovated with start dates in May and June. The addition has become slightly problematic as we begin to move the office from the back of the building to the front of the building with an addition because it has been determined that the soil is not sufficient which means we must modify with some supports that will need to be installed in the ground to support the addition. Once we began to dig for those supports, we found several lines that were in the way that is going to require moving the supports to be sure we are not cutting any of those lines. Even after making those adjustments, we do still need to move an electrical line in order for it to work which will add a $15,000 change order to complete that TDD/TTY#: 1-800-545-1833 Ext. 919 - Equal iiousn!g Cpportunity Lansing Housing Commission Minutes February 23, 2021 IfFIALWAT Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 addition. The laundry room and lounges are now under renovation. New LED lights have been installed in some corridors, also replacing the ceiling grids. All units are expected to be completed by July 2022 at which time we will begin working on the front office, hallways, lounges, and converting the old office into a community space. This will include the new kitchen and meeting rooms. o At Waverly Park, the final 6 residents are scheduled to be moved to their renovated units in April. Those vacant units that they moved from will be the last of the units under construction. Landscaping and site fencing will begin next week weather permitting. Expected site completion will be late summer or early fall. At that time, we plan to have a grand re -opening for the Board, elected officials, etc. We are about 60 days behind on that project, but they are working towards closing that gap. o Hildebrandt Park is having a slow start due to some supply chain issues, but we are now under construction and close to completing the first round of units. Once those are completed, we will move tenants into those new units and begin the process of renovating the now vacant units. o LaRoy Froh as stated just closed last week and has begun mobilizing and delivering materials. The first two buildings have been vacated so construction will begin as soon as they have all supplies and equipment on location. Other Items: • Commissioner Sober asked for an update on Oliver Gardens. o Director Fleming stated that we are continuing to look at a variety of tax credit deals which would include both renovations and additional units. However, that submission will not take place until October. The earliest we would have any construction out there would be the 4th quarter of 2023. • Commissioner Henry asked for an update on the Capital City wait list opening. o Marcus updated that the list closed with approximately 100 applicants and the processing of those applications has begun. Of those 100 there were 17 that met the elderly or near -elderly preference. This is in addition to the 30 that we had previously. TDD/TTY #: 1-800-545-1833 Ext 919 — `Equal Housing Opportunity Lansing Housing Commission Minutes February 23, 2021 Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 • Kim Shirey stated that this afternoon we received a notice from HUD that our request for a waiver to complete this year's SEMAP for HCV has been waived. SEMAP is HUD's way of measuring how a PHA is operating within the rules and regulations of the program. All PHA's were given the opportunity to request this waiver again this year. Jennifer put together the request and we received the approval today to waive this year's SEMAP submission. Executive Director's Comments: Activities Capital Projects • We have been approached by some developers about buying a local building here in town and doing some renovations. As we discussed in the long-range planning, our next phase after closing RAD is to begin to explore other kinds of affordable housing development deals in the City of Lansing. Development Activities • Stadium North and Stadium Senior have run into a few roadblocks. These were tax credit funded and after getting construction numbers they come back about 1 M over the budget they submitted for each phase. This is due to the changes in cost since the submission of those tax credits. They are working to find some gap financing etc. and exploring options to move forward. Other Activities • Fire Restoration at 405 Cherry Street; the plans are complete and have been submitted to the City of Lansing for them to sign off on those plans. We are currently getting construction bids for that work at the same time. • Holy Cross grants o In the last 12 months, Director Fleming has had a meeting with the City of Lansing, and frustrations continue as we still do not have numbers for those grants. We are being very conservative with what we are doing. Kim and Jennifer are working to move those grants forward in a positive manner until we can get the data needed from the City of Lansing. At this time, they have not committed to when that data will be provided. Director Fleming has met with the Mayor and the Director of the Department to attempt to obtain the necessary information with no success at this time. TDD/TTY #: 1-800-545-1833 Ext. 919 "Equal Housing Opportunity Lansing Housing Commission Minutes February 23, 2021 Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 • Director Fleming stated that he met with Kim and Jennifer today to discuss how they work with Landlords to do recruitment and incentivize their participation with the HCV program. HUD has set a national goal for HCV utilization at 98% of funds allocated which is a substantial number, but they recognize the challenge that has presented itself with today's market rental rates. • The city has notified us that there is a pink -tagged building, which means nobody can move into the building, but those that are living there currently do not have to vacate. There are deficiencies that have been identified which must be repaired within a specified timeframe for the tag to be removed. They are now moving forward with red - tagging, the building will be closed. The city has contacted us to inform us it could be closed in early April. We have 8 tenants in that building that we are working to assist with securing new housing. This is a prime example of why we need to continue to develop additional affordable housing. Other Items: none President's Comments: • A lot has happened here in the past 18 months and the agency continues to work hard with opening waiting lists, construction, taking more grants, etc. Congrats to the staff for all their hard work. Public Comment: limit 3 minutes per person Other Business: none Adjournment: The meeting was adjourned at 6:07 p.m. Emma Henry Board Chat n �s g Secret TDD/TTY #: 1-800-545-1833 Ext. 919 Date 5 — 5 - 20 Z2 Date Zp2Z 'Equal Housing Opportunity" Lansing Housing Commission Minutes February 23, 2021 Lansing Housing Commission Summary Results for March FY2022 Oes�gtlon � UE: Total Revenue Variance - Fav (Unfav) Tenant Revenue Variance HUD Revenue Variance Capital Fund Income Other Income Other Budgeted Revenue % Variance fay (unfav) EXPENSES: Total Expense Variance Unfav (Fav) Salary Expenses Employee Benefit Expenses Utilities Write-offs Legal Professional Services Admin Services Insurance Sundry/Postage/Office Supplies Management Fee HAP Expense Inspections Pilot Maintenance Costs Maintenance Contract - Unit Turns Other Budgeted Expense % Variance fay (unfav) Gain(Loss) on Sale of Assets IIPH Total 5911 Mo. Actual Net Income (Loss) fl Actual Net Income (Loss) Net of CWIP Prior YR YTD Net Income (Loss) Cash Balance - March Cash Balance- February Cash Balance- June 2021 Cash Balance - June 2020 COCC HCV Admin HCV BA 40,376 (37,690) 18,766 54,822 (351,577) (1,690) 40,506 7,350 (5,791) 5,758 2,126 54,415 (43,448) 16,640 407 (351,577) 175,578 82,625 90,552 965,550 586,000 23% -46% 71% 6% 0% 146,176 (35,31S) 27,839 34,782 50,433 2,642 (25,330) 6,442 14,858 (10,032) 5,017 39,674 (811) (133) 13,029 - - (1,500) (500) - 15,024 13,545 999 (18,899) 1,842 50,386 1,560 779 911 46 (671) (4,660) 2,007 4,579 - 426 • - 34,782 1,625 604 (743) 4,489 - 38,678 5,467 1,668 - (925) - 13,115 4,522 9A04 336,417 -43% 2,538,919 104,081 34% 79,558 965,000 -35% -4% 0% $ (33,430) $ (23,831) $ 1,920 $ 20,590 $ 183,990 $ 987,136 $ (237,275) $ (82,513) $ 129,844 $ 588,505 5 2,078,248 5 512,347 $ 269124 $ 45,599 S 405,325 $ 3A84,644 $ 3.111,624 $ 1,916,110 $ 2,579,975 $ 1,754,627 $ 1,041,517 $ 322,347 $ 1,454,842 $ 1,083,273 $ 405.940 $ 1,350,385 $ 1,119,729 $ 465.867 $ 856,102 $ 827,066 $ 496,344 $ 794,0136 $ 2,766,800 $ 794,086 5 2,766,800 5 393,609 $ 2,304,225 C:\Users\Stevenr\Box\My Box Files -Steven Raiche\My Box Files -Dawn Allman\Board Documents \Board Meeting 2203\Summary 2203\Summary MTD 4/28/2022 3:46 PM Lansing Housing Commission Summary Results YTD for March FY2022 Description REVENUE: LIPH Total COCC HCV Admin HCV BA Total Revenue Variance - Fav (Unfav) 1,337,814 (206,747) 17,871 (240,052) (172,104) Tenant Revenue Variance HUD Revenue Variance Capital Fund Income Other Income Other Budgeted Revenue %Variance fav (unfav) EXPENSES: Total Expense Variance Unfav (Fav) Salary Expenses Employee Benefit Expenses Utilities Write-offs Legal Professional Services Admin Services Insurance Sundry/Postage/Office Supplies Management Fee HAP Expense Pilot Inspections Maintenance Costs Maintenance Contract -Unit Turns Other 33,696 - 687,689 36,079 [49,267) (246,990) 637,107 - (20,677) (242,826) 67,138 6,938 {172,104) 2,947,898 45% 884,701 84,553 94,546 146,154 37,375 739,937 793,020 8,689,950 850,775 -28% 2% -3% -20% (191,816) 58,423 (105,258) 60,166 (141,882) 2,039 (73,684) 15,785 - (9,864) (484) - (12,370) 305 - 111,962 26,791 19,864 - 7,028 (22,741) - 59,556 49,077 (1,241) 2,753 - - 7,877 (3,967) 24,757 - 150 40,195 (9,852) - 460 145,394 - (105,258) 20,096 - 3,410 874 (9,986) - 182,039 22,461 2,040 - - (48,840) - - - 16,203 11,131 11,507 Budgeted Expense 2,413,875 % Variance fav (unfav) -37% Galn(Loss) on Sale of Assets 4,754,373 YTD Actual Net Income (Loss) Net of CWIP YTD Budgeted Net Income (Loss) Prior YR YTD Net Income ILossf 962,280 834,981 8,685,000 30,000 20% -7% 1% -201% $ 987,136 $ (237,275) $ (82,513) $ (129,844) $ 588,505 $ 534,023 $ (222,343) $ (41,961) $ 4,950 $ 820,775 $ 2,078,248 $ 512,347 S 269,124 $ 45,599 $ 405,325 C:\Users\Stevenr\Box\My Box Files -Steven Raiche\My Box Files -Dawn Allman\Board Documents \Board Meeting 2203\Summary 2203\Summary YTD 4/28/2022 3:46 PM March Ratios HCV Ratios Prior Months Number of Vouchers Used 1,786 2/22 $ 531.53 HCV 8002 Expenses $ 996,692.33 1/22 $ 545.49 Average Cost Per Voucher $ 558.06 12/21 $ 592.25 UPH Ratios Prior Months March 2022 PY March Year -to -Date Occupancy Rate Total Total YTD Average Number of Units Leased 380 662 2/22 93.4% Number of Possible Units 407 693 1/22 94.1% Year -to -Date Occupancy Rate 93.4% 95.5% 12/21 94.6% Average Revenue Per Occupied Unit 2/22 $ 371.36 Total UPH Revenue $ 215,953.78 $ 426,705.75 1/22 $ 395.63 Average Revenue Per Occupied Unit $ 305.88 $ 644.57 12/21 $ 1,207.93 Average Tenant Revenue Per Occupied Unit 2/22 $ 46.54 Total Tenant Revenue $ 20,140.96 S 74,271.00 1/22 $ 67.02 Average Tenant Revenue Per Occupied Unit $ 53.00 $ 112.19 12/21 $ 70.50 Average Cost Per Occupied Unit 2/22 $ 539.87 YTD Average Monthly Expenses $ 366,508.43 $ 422,505.72 1/22 $ 577.16 Average Cost Per Occupied Unit $ 519.13 $ 638.23 12/21 $ 523.14 Csmoanv Ratios Operating Reserves LIPH COCC HCV Admin Bank Account Balance $ 3,484,644.14 $ 1,754,627.38 $ 1,041,517.12 YTD Expenses $ 3,298,575.83 $ 770,464.10 $ 893,403.79 Number of Months 9 9 9 Average Monthly Expenses $ 366,508.43 $ 85,607.12 $ 99,267.09 Number of Months of Operating Reserves (would like to have 4 months of operating reserves) 9.51 20.50 10A9 Prior Months 2/22 8.16 16.59 12.00 1/22 7.09 18.39 9.47 06/21 4.58 18.52 13.62 06/20 5.62 14.23 11.20 06/19 4.19 17.81 7.12 C:\Users\Stevenr\Box\My Box Files -Steven Raiche\My Box Files -Dawn Allman\Board Documents\Board Meeting 2203\Summary 2203\Ratios All 4/28/2022 3:46 PM Lansing Housing Commission Budget vs. Actual Mt. Vemon For the Period Ending March 31, 2022 YTD Amount YTD Budget YTD Variance Prior YTD Actual Annual Budget Remaining Budget Tenant Rental Revenue $ 23,077 $ 92,473 $ (69,396) $ 182,077 $ 157,966 $ 65,493 Tenant Revenue - Other 1,733 $ 11,240 (9,507) 8,561 18,147 6,908 Total Tenant Revenue $ 24,810 $ 103,713 $ (78,903) $ 190,638 $ 176,113 $ 72,401 HUD PHA Operating Grants 759,497 964,575 (205,078) 1,001,167 1,392,066 427,491 CFP Operational Income 217,153 217,153 110,974 Administrative Fees - 10,014 (10,014) 16,584 6,570 Fraud Recovery and Other 112,263 11,081 101,183 (2,294,069) 18,498 7,418 Total Operating Revenue $ 1,113,723 $ 1,089,382 $ 24,342 $ (991,290) $ 1,603,261 $ 513,879 Administrative Salaries $ 23,729 $ 50,034 $ (26,305) $ 75,557 $ 85,233 $ 35,199 Auditing Fees 5,000 5,775 (775) 5,250 5,775 - Management Fees 28,069 63,808 (35,739) 181,409 108,986 45,178 Bookkeeping Fees 3,986 9,180 (5,194) 13,105 15,705 6,525 Employee Benefits Contributions - Admin 13,555 20,540 (6,985) 26,394 36,275 15,735 Office Expenses 13,966 28,452 (14,485) 36,617 40,002 11,550 Legal 1,261 7,500 (6,239) 7,575 12,000 4,500 Travel - - - - - - Other 2,550 (2,550) 10,563 4,500 1,950 Tenant Services - Other - - - 1,656 Water 1,325 8,545 (7,220) 48,900 15,952 7,407 Electricity 1,048 675 373 24,039 1,050 375 Gas 680 9,557 (8,877) 11,107 13,414 3,857 Other Utilities Expense 7,230 34,065 (26,835) 7,258 34,215 150 Ordinary Maintenance and Operations - Labor 11,334 35,284 (23,950) 50,388 59,341 24,057 Ordinary Maintenance and Operations - Material 2,883 5,880 (2,997) 15,077 7,680 1,800 Ordinary Maintenance and Operations - Contrac 24,113 103,655 (79,542) 122,996 171,280 67,625 Employee Benefits Contributions - Ordinary 66,568 35,904 30,664 33,563 57,705 21,801 Protective Services - Other Contract Costs - - 1,461 - Property Insurance 14,185 30,613 (16,428) 14,060 52,605 21,992 Liability Insurance 4,830 11,451 (6,621) 5,376 19,671 8,219 Workers Compensation - - - - - All Other insurance 7,560 11,264 (3,704) 4,400 16,106 4,842 Other General Expenses 30,959 6,928 24,031 167,396 11,776 4,848 Compensated Absences - - - - - Housing Assistance Payments 429,803.65 370,588 59,216 - 370,588 - Payment in Lieu of Taxes 6,606 6,890 (283) 9,788 11,975 5,085 Bad debt - Tenant Rents 82 4,800 (4,718) 11,557 7,800 3,000 Interest Expense - - 16,781 - - Total Operating Expenses $ 698,775 $ 863,938 $ (165,163) $ 902,270 $ 1,159,634 $ 295,696 Net Income (Loss) $ 414,949 $ 225,444 $ 189,505 $ (1,893.560) $ 443,627 $ 218,183 Lansing Housing Commission Budget vs. Actual Hildebrandt For the Period Ending March 31, 2022 Tenant Rental Revenue Tenant Revenue - Other Total Tenant Revenue YTD Amount YTD Budget YTD Variance Prior YTD Actual Annual Budget S 147.335 S 109,509 $ 37.826 $ 230,844 $ 109.509 $ 7.104 6,057 1.047 23,117 6.057 $ 154.439 S 115,566 $ 38.873 S 253,961 $ 115,566 $ Remaining Budget HUD PHA Operating Grants 841,067 516,506 324,561 1,155,229 619.164 102,658 CFP Operational Income 36,387 36,387 414,593 - - Administrative Fees - 994 (994) - 1.491 497 Fraud Recovery and Other 2,219.300 2,007 2,217,294 11,751 3,693 1,687 Total Operating Revenue $ 3,251.192 $ 635,073 $ 2,616.120 $ 1.835,534 $ 739.914 $ 104.842 Administrative Salaries S 77,811 S 43,853 S 33,958 S 69,029 S 43,853 $ Auditing Fees 5,000 5,775 (775) 5,250 5,775 Management Fees 68,011 49.214 18,797 219,764 49.214 Bookkeeping Fees 9,572 7,133 2,440 18,651 7,133 Employee Benefits Contributions -Admin 18,280 19.395 (1.115) 23,396 19.395 Office Expenses 28,852 21,395 7.457 30,831 21,395 Legal 2,596 7,200 (4,604) 12,274 7,200 Travel - - - Other 5,765 1,440 4,325 6,684 1,440 Tenant Services - Other 8,500 4,800 3,700 5,262 4,800 Water 70,968 39,002 31,966 93,001 39,002 Electricity 17,964 12,000 5,964 25,214 12,000 Gas 19,517 7,661 11,856 35,560 7,661 Other Utilities Expense - - - - - Ordinary Maintenance and Operations - Labor 65,156 37.460 27,696 65,846 37.460 Ordinary Maintenance and Operations - Materia 35,183 22,160 13,023 36,376 22,160 Ordinary Maintenance and Operations - Contrac 153,812 115,750 38,062 215,689 115,750 Employee Benefits Contributions - Ordinary 45,863 20.093 25,769 57,612 20,093 Protective Services - Other Contract Costs 2,730 1,035 1,695 3,917 1,035 Property Insurance 37,544 21,832 15,712 39,168 21,832 Liability Insurance 13,138 8.774 4,364 15,249 8,774 Workers Compensation - - - - - AII Other Insurance 7,869 7,742 127 4,878 7,742 Other General Expenses 28,722 5,257 23,466 29,387 5,257 Compensated Absences - - - - - Housing Assistance Payments 40,507 139.312 (98,805) - Payment in Lieu of Taxes 16,184 4,485 11,699 13,429 4,485 Bad debt - Tenant Rents 7,743 6,000 1,743 9,358 6,000 Interest Expense - - - 27,968 - Total Operating Expenses S 787,287 $ 608.768 $ 178,519 $ 1.063,794 $ 469.456 $ Net Income (Loss) S 2.463,906 S 26.305 S 2,437,601 S 771,739 S 270,458 S 104.842 Lansing Housing Commission Budget vs. Actual LeRoy Froh For the Period Ending March 31, 2022 YTD Amount YTD Budget YTD Variance Prior YTD Actual Annual Budget Tenant Rental Revenue S 138.250 S 83,952 $ 54,298 $ 156,937 S 83.952 S Tenant Revenue - Other 8,704 5,976 2.728 7,240 5,976 'Total Tenant Revenue $ 146.954 $ 89,928 $ 57,026 S 164,177 S 89.928 $ HUD PHA Operating Grants 1,031,002 612,348 418,654 1,073,158 612,348 CFP Operational Income 25,294 25,294 414,593 - Administrative Fees - 1,090 (1,090) Fraud Recovery and Other 109,211 3,963 105.248 12,659 3,963 Remaining Budget Total Operating Revenue $ 1,312.461 S 707.329 $ 605.132 $ 1.664.587 S 706.239 $ - Administrative Salaries $ 56,857 $ 49,198 $ 7,658 $ 85,846 $ 49,198 S Auditing Fees 8,500 5,665 2,835 5,250 5,665 Management Fees 94,850 51,802 43,048 213.294 51,802 Bookkeeping Fees 13,434 7,508 5,927 17,714 7,508 Employee Benefits Contributions - Admin 10,210 19.410 (9,200) 22,457 19,410 Office Expenses 25,219 20,520 4,699 25,068 20,520 Legal 4,971 7,200 (2,229) 5,297 7,200 Travel 107 - 107 - - Other 3,319 1260 2,059 6.823 1,260 Tenant Services - Other 10,543 6,000 4.543 3,769 6,000 Water 56,995 26,810 30,185 57,078 26,810 Electricity 36,901 14,400 22,501 31.415 14,400 Gas 43,079 6,440 36,639 35,229 6,440 Other Utilities Expense 13,600 - 13,600 17,132 - Ordinary Maintenance and Operations - Labor 95,193 39,958 55,235 49,618 39,958 Ordinary Maintenance and Operations - Materia 64,972 20,500 44.472 37,946 20,500 Ordinary Maintenance and Operations - Contra( 166.624 55,610 111,014 122.533 55,610 Employee Benefits Contributions - Ordinary 73,936 34,405 39,531 50,387 34,405 Housing Assistance Payments - 95,935 (95.935) - 95.935 Protective Services - Other Contract Costs 2,600 1,600 1,000 3,700 1.600 Property Insurance 52.481 27,023 25,458 44,681 27,023 Liability Insurance 16,421 9,305 7.116 15,514 9,305 Workers Compensation - - - All Other Insurance 11,094 7,622 3,472 4,400 7,622 Other General Expenses 34,244 5,473 28,771 26,102 5,473 Compensated Absences - - - - - Payment in Lieu of Taxes 9,394 3,090 6,304 3,844 3,090 Bad debt -Tenant Rents 15,982 5,400 10,582 8,161 5,400 Interest Expense - - - 16,521 - Total Operating Expenses $ 921,523 $ 522,132 $ 399,391 S 909,777 S 522.132 $ Net Income (Loss) $ 390.938 S 185.197 $ 205.741 $ 754,810 $ 184,107 $ Lansing Housing Commission Budget vs. Actual South Washington Park For the Period Ending March 31, 2022 YTD Amount YTD Budget YID Variance Prior YTD Actual Annual Budget Remaining Budget Tenant Rental Revenue $ 15,550 $ 14,358 $ 1,192 $ 222,335 S 14,358 $ Tenant Revenue - Other 400 - 400 14.630 Total Tenant Revenue $ 15,950 $ 14,358 $ 1,592 $ 236,965 S 14.358 S HUD PHA Operating Grants 497,703 389,958 107,745 701,644 389,958 CFP Operational Income 354,862 - 354,862 110,974 Administrative Fees 3,444 (3,444) 3,444 Fraud Recovery and Other 108,972 3,513 105,459 (2,329,303) 3,513 Total Operating Revenue $ 977,487 S _ 411,273 S__ 566,214 $ (1,279,719) $ 411,273 S Administrative Salaries $ 1,312 $ 2,967 $ (1,655) $ 59,510 $ 2,967 $ Auditing Fees 5,000 5,775 (775) 5,250 5,775 Management Fees 5,240 3,105 2,135 175,328 3,105 Bookkeeping Fees 747 450 297 11,942 450 Employee Benefits Contributions - Admin 6,764 5,457 1,307 39,113 5,457 Office Expenses 12,628 2,566 10,062 29,901 2,566 Legal 1,302 600 702 11,103 600 Travel - - - - - Other (2,479) 300 (2,779) 1,041 300 Tenant Services - Other - - - 6,838 - Water 967 402 565 130,393 402 Electhcty - 150 (150) 73.803 150 Gas 447 447 26,830 Other Utilities Expense 1,287 - 1,287 1,558 - Ordinary Maintenance and Operations- Labor 1,816 2,245 (430) 79,025 2,245 Ordinary Maintenance and Operations - Materia 1,345 9,000 (7,655) 26,077 9,000 Ordinary Maintenance and Operations - Contrac 8.770 7,250 1,520 83,500 7,250 Employee Benefits Contributions - Ordinary 6,783 5,401 1,382 60,543 5.401 Protective Services - Other Contract Costs (221) - (221) 1,690 - Property Insurance 2,787 2,010 777 35,788 2,010 Liability Insurance 1,269 573 697 15,620 573 Workers Compensation - - - - - All Other Insurance 9,142 1,098 8,044 4,877 1,098 Other General Expenses 25,791 1,207 24,583 26,803 1,207 Compensated Absences - - - Housing Assistance Payments 647,478 366,561 280,917 366.561 Payment in Ueu of Taxes 2,056 1,321 736 (961) 1,321 Bad debt - Tenant Rents 31,268 600 30,668 218 600 Interest Expense - - 3,772 Total Operating Expenses $ 771,499 S 419,037 $ 352.461 $ 909,562 $ 419,037 $ Net Income (Loss) S 205.988 S (7.764) $ _ 213,753 $ (2.189,281) $ r7,764) $ Lansing Housing Commission Budget vs. Actual AMP Consolidated For the Period Ending March 31, 2022 YTD Amount YTD Budget YTD Variance Prior YTD Actual Annual Budget Remaining Budget Tenant Rental Revenue $ 324,212 $ 300,292 $ 23,920 $ 792,193 $ 365,785 $ 65,493 Tenant Revenue - Other 17,941 23,273 (5,331) 53,548 30,180 6,908 Total Tenant Revenue $ 342,153 $ 323,565 $ 18.589 $ 845,741 $ 395,965 $ 72.401 HUD PHA Operating Grants 3,129,269 2,483,387 645,882 3,931,199 3,013,536 530,149 CFP Operational Income 633,695 - 633,695 1,051,134 Fraud Recovery and Other 2,549,747 20,563 2,529,184 (4,598,963) 29,667 9,104 Total Operating Revenue $ 6,654.864 $ 2.843„056 $ 3,811.807 $ 1,229,111 $ 3.460,687 $ 618.721 Administrative Salaries $ 159,709 $ 146,052 $ 13,657 $ 289,942 $ 181,251 $ 35,199 Auditing Fees 23,500 22,990 510 21,000 22,990 - Management Fees 196,170 167,929 28,241 789,795 213,107 45,178 Bookkeeping Fees 27,739 24,270 3,469 61,411 30,795 6,525 Employee Benefits Contributions - Administrative 48,809 64,802 (15,993) 111,360 80,537 15,735 Office Expenses 80,665 72,932 7,733 122,417 84,482 11,550 Legal Expense 10,130 22,500 (12,370) 36,248 27,000 4,500 Travel 107 107 - - - Other 6,606 5,550 1,056 25,111 7,500 1,950 Tenant Services - Other 19,043 10,800 8,243 17,524 10,800 - Water 130,255 74,760 55,495 329,372 82,167 7,407 Electricity 55,913 27,225 28,688 154,471 27,600 375 Gas 63,723 23,658 40,065 108,726 27,515 3,857 Other Utilities Expense 22,117 34,065 (11,948) 34,215 150 Ordinary Maintenance and Operations - Labor 173,499 114,947 58,552 244,877 139,004 24,057 Ordinary Maintenance and Operations - Material 104,383 57,540 46,843 115,477 59,340 1,800 Ordinary Maintenance and Operations - Contrac 353,319 282,265 71,054 544,718 349,890 67,625 Employee Benefits Contributions - Ordinary 193,149 95,803 97,346 202,104 117,604 21,801 Protective Services - Other Contract Costs 5,109 2,635 2,474 10,768 2,635 - Property Insurance 106,997 81,478 25,519 133,697 103,470 21,992 Liability Insurance 35,659 30,103 5,556 51,759 38,322 8,219 Workers Compensation - - - All Other Insurance 35,664 27,726 7,938 18,555 32,568 4,842 Other General Expenses 119,717 18,866 100,851 249,687 23,714 4,848 Compensated Absences - - - Payments in Lieu of Taxes 34,240 15,785 18,455 26,100 20,870 5,085 Bad debt - Tenant Rents 55,074 16,800 38,274 29,295 19,800 3,000 Interest Expense - - - 65,042 - - Total Operating Expenses $ 2,061,295 $ 1,441,480 $ 619,815 $ 3,759,456 $ 1.737,176 $ 295,696 Net Income (Loss) $ _ 4,593„569 $ 1,401,576 $ 3,191,993 $ (2,530,345a $ 1,723,511_ $ 323.025 Lansing Housing Commission Budget vs. Actual COCC For the Period Ending March 31, 2022 YTD Amount YTD Budget YTD Variance Prior YTD Actual Annual Budget Remaining Budget Management Fees Income $ 356,876 $ 690,192 $ (333,316) $ 939,726 $ 789,866 $ 99,674 Bookkeeping Fees Income 29,472 24,277 5,195 61,411 30,805 6,528 Administrative Fees 71,045 338,168 (267,123) 469,742 131,574 Fraud Recovery and Other 75,796 51,500 24,296 64,663 62,000 10,500 Total Operating Revenue $ 533,190 $ 1,104,137 $ (570,947) $ 1,065,800 $ 1,352,413 $ 248,276 Administrative Salaries $ 162,482 $ 226,725 $ (64,243) $ 143,158 $ 304,896 $ 78,171 Auditing Fees 7,000 5,665 1,335 5,250 5,665 Employee Benefits Contributions - Admin 51,146 91,385 (40,239) 40,782 121,355 29,970 Office Expenses 61,726 388,072 (326,346) 40,962 490,752 102,680 Legal 4,805 4,500 305 3,929 6,000 1,500 Travel 4,089 - 4,089 - Other 445,028 19,408 425,620 24,936 25,834 6,426 Tenant Services - Other 4,944 - 4,944 - Water 1,203 1,627 (424) 1,137 2,185 558 Electricity 6,222 15,400 (9,178) 10,368 19,200 3,800 Gas 1,554 2,120 (566) 1,821 2,820 700 Other Utilities Expense 664 360 304 392 480 120 Ordinary Maintenance and Operations - Labor 37,979 114,618 (76,639) 159,240 44,622 Ordinary Maintenance and Operations - Material 326 3,300 (2,974) 111 4,400 1,100 Ordinary Maintenance and Operations - Contracts 36,038 11,770 24,268 26,012 15,010 3,240 Employee Benefits Contributions - Ordinary 13,627 46,049 (32,422) 64,121 18,072 Protective Services - Other Contract Costs - 600 (600) 878 800 200 Property Insurance 6,282 3,609 2,673 1,650 3,609 Liability Insurance 1,424 1,393 31 113 1,393 Workers Compensation - - - All Other Insurance 456 4,400 (3,944) 4,400 4,400 - Other General Expenses 339,573 21,279 318,294 293,568 28,044 6,765 Compensated Absences - - Interest Expense 860 Total Operating Expenses $ 1,186,568 $ 962,280 $ 224,288 $ 600,326 $ 1,260,204 $ 297,924 Net Income (Loss) $ (653,379) $ 141,857 $ (795,236) $ 465,474 $ 92,209 $ (49,648) Lansing Housing Commission Budget vs. Actual Housing Choice Voucher For the Period Ending March 31, 2022 YTD Amount YTD Budget YTD Variance Prior YTD Actual Annual Budget Remaining Budget HUD PHA Operating Grants $ 9,181,763 $ 9,478,020 $ (296,257) $ 9,493,908 $ 12,646,676 $ 3,168,656 Other Revenue 55,775 55,775 5,896 Fraud Recovery and Other 23,251 4,950 18,301 14,768 6,600 1,650 Total Operating Revenue $ 9,260,789 $ 9,482,970 $ (222,181) $ 9,514,572 $ 12,653,276 $ 3,170,306 Administrative Salaries $ 342,747 $ 340,708 $ 2,039 $ 265,795 $ 441,982 $ 101,274 Auditing Fees 25,000 28,875 (3,875) 26,250 28,875 Management Fees 148,752 158.604 (9,852) 149,931 213,335 54,731 Bookkeeping Fees - Employee Benefits Contributions - Admin 103,362 90,793 12,569 66,437 117,628 26,835 Office Expenses 172,140 130,474 41,666 136,123 155,742 25,268 Legal Expense - - Travel 1,208 - 1,208 - - - Other 346 45,000 (44,654) (0) 60,000 15,000 Tenant Services - Other - - Water Electricity - Gas - - - - - - Other Utilities Expense 266 750 (484) 824 1,000 250 Ordinary Maintenance and Operations - Mate& - - - - Ordinary Maintenance and Operations - Contra. 37,189 - 37,189 62,146 Protective services - Other Contract Costs - - 269 Property Insurance - - - - - - Liability Insurance 21,914 16,005 5,909 12,206 21,450 5,445 Workers Compensation - - - - - - AII Other Insurance 1,245 4,400 (3,155) - Other General Expenses 39,236 19,372 19,864 15,538 24,818 5,446 Compensated Absences - - - Housing Assistance Payments 8,579,742 8,685,000 (105,258) 8,464,330 11,580,000 2,895,000 Bad Debt - Tenant Rents - - - - Interest Expense Total Operating Expenses $ 9.473,146 $ 9.519,981 $ (46,835) $ 9,199,849 $ 12,644,830 $ 3,124.849 Net Income (Loss) $ (212,357) $ (37,011) $ (175,346) $ 314,723 $ 8,446 $ 45,457 ASSETS 1010-0000-111102 1010-0000-111111 1010-0000-112200 1010-0000-112201 1010-0000-112220 1010-0000-112500 1010-2010-112500 1010-0000-112954 1010-0000-114500 1010-5005-115700 1010-0000-116201 1010-0000-121100 1010-0000-140000 1010-0000-144000 1010-3000-144000 1010-0000-146000 1010-1010-146000 1010-0000-146500 1010-1010-146500 1010-3000-146500 1010-0000-148100 1010-1010-148100 1010-1010-148300 1010-0000-150300 1010-0000-150301 TOTAL ASSETS LIABILITIES 1010-0000-200000 1010-0000-200300 1010-0000-210000 1010-0000-211100 1010-0000-211343 1010-0000-211400 1010-0000-211999 1010-0000-212000 1010-0000-213400 1010-0000-213500 1010-0000-213700 1010-0000-214000 1010-0000-260600 1010-0000-260601 1010-0000-210000 1010-0000-210001 1010-0000-270000 TOTAL LIABILITIES EQUITY 1010-0000-280100 1010-0000-280500 1010-0000-282000 1010-0003-282000 1010-1010-282000 1010-1010-282000 1010-2010-282000 1010-3000-282000 TOTAL EQUITY Lansing Housing Commission 1010 Mt. Vernon Park Balance Sheet for March 2022 Cash -Security Deposits Chase Checking Accounts Receivable Allowance for Doubtful Accounts AIR Repayment Agreement Accounts Receivable HUD Accounts Receivable HUD Accounts Receivables-Misc Accrued Interest Receivable Intercompany Investments Savings Prepaid Insurance Land Construction in Progress Construction in Progress Dwelling Structures Dwelling Structures Dwelling Equipment - Ranges & Dwelling Equipment - Ranges & Dwelling Equipment - Ranges & Accumulated Depreciation -Build Accumulated Depreciation -Build Accumulated Depreciation -Equip Deferred Outflow - MERS Deferred Outflows-OPEB OPEB Liability Pension Liability Construction Costs Payabe Accounts Payable Accounts Payable Misc Tenant Security Deposits Tenant Refunds Accrued Payroll Utility Accrual Accrued Comp Absences - Curr Payment in Lieu of Taxes Accrued Comp Absences - non curr Note Payable Non Curr - PNC Note Payable - Curr - PNC Deferred Inflow - MERS Deferred Inflows - OPEB Deferred Inflows Invest C Unrestricted Net Assets Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing Period Amount 108,823.60 2,125.00 (212.50) 9,169.40 (2,197.03) 117,708.47 6,397.54 (103.00) (1,677.00) 1,213.33 5,830.87 111,877.60 111,877.60 TOTAL LIABILITES & EQUITY 117,708.47 Balance 10,200.30 806,814.93 5,767.00 (576.70) 2,267.25 55.29 (24,658.49) 74,168.03 11,058.40 114,150.00 6,053.00 53,314.39 2,567,885.60 20,325.87 (2,355,778.23) 359,796.50 13,185.00 1,664,028.14 10,413.00 227,551.00 6,928.25 9,749.30 9,806.50 2,422.62 321.00 762.56 17,134.19 4,320.59 62,251.00 50,958.00 402,618.01 2,433,904.00 801,692.03 (3,991,686.79) (77.99) (320.14) (72,265.80) (75.00) 2,090,239.82 1,261,410.13 1,664,028.14 ASSETS 1020-0000-111102 1020-0000-111111 1020-0000-112200 1020-0000-112201 1020-0000-112220 1020-0000-112500 1020-2010-112500 1020-0000-114500 1020-5005-115700 1020-0000-116201 1020-0000-121100 1020-0000-140000 1020-0000-144000 1020-3000-144000 1020-0000-146000 1020-1020-146000 1020-0000-146500 1020-1020-146500 1020-0000-148100 1020-1020-148100 1020-1020-148300 1020-0000-150300 1020-0000-150301 TOTAL ASSETS LIABILITIES 1020-0000-200000 1020-0000-200300 1020-0000-210000 1020-0000-211100 1020-0000-211343 1020-0000-211400 1020-0000-211999 1020-0000-212000 1020-0000-213400 1020-0000-213500 1020-0000-213700 1020-0000-214000 1020-0000-260600 1020-0000-260601 1020-0000-210000 1020-0000-210001 1020-0000-270000 TOTAL LIABILITIES EQUITY 1020-0000-280100 1020-0000-280500 1020-0000-282000 1020-1020-282000 1020-2010-282000 1020-3000-282000 TOTAL EQUITY Lansing Housing Commission 1020 Hildebrandt Park Balance Sheet for March 2022 Cash -Security Deposits Chase Checking Accounts Receivable Allowance for Doubtful Accounts AIR Repayment Agreement Accounts Receivable HUD Accounts Receivable HUD Accrued Interest Receivable Intercompany Investments Savings Prepaid Insurance Land Construction in Progress Construction in Progress Dwelling Structures Dwelling Structures Dwelling Equipment - Ranges & Dwelling Equipment - Ranges & Accumulated Depreciation -Build Accumulated Depreciation -Build Accumulated Depreciation -Equip Deferred Outflow - MERS Deferred Outflows-OPEB OPEB Liability Pension Liability Construction Costs Payabe Accounts Payable Accounts Payable Misc Tenant Security Deposits Tenant Refunds Accrued Payroll Utility Accrual Accrued Comp Absences - Curr Payment in Lieu of Taxes Accrued Comp Absences - non curr Note Payable Non Curr - PNC Note Payable - Curr - PNC Deferred Inflow - MERS Deferred Inflow - OPEB Deferred Inflows Invest C Unrestricted Net Assets Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing TOTAL LIABILITES & EQUITY Period Amount 68,799.82 7,026.00 (702.60) 24,995.02 (2,692.96) 97,425.28 11,968.19 (281.00) (247.84) 3,363.57 14,802.92 82,622.36 82,622.36 97,425.28 Balance 36,398.00 881,758.08 23,111.00 (2,311.10) 55.29 (21,206.80) 74,168.04 11,412.64 348,580.00 52,892.89 139,560.88 2,745,252.13 115,030.00 35,085.00 21,635.00 (2,738,837.02) (51,897.16) (9,758.67) 313,828.50 6,902.00 1,981,658.70 5,450.00 190,560.00 14,310.14 20,533.00 15,281.87 9,930.43 25,624.00 2,296.44 27,342.78 13,013.16 52,132.00 26,675.00 403,148.82 3,764,889.00 (35,006.10) (4,453,606.54) (162,850.00) (56.25) 2,465,139.77 1,578,509.88 1,981,658.70 ASSETS 1080-0000-111102 1080-0000-111111 1080-0000-112200 1080-0000-112201 1080-0000-112220 1080-0000-112500 1080-2010-112500 1080-0000-112954 1080-0000-114500 1080-5005-115700 1080-0000-116201 1080-0000-121100 1080-0000-140000 1080-0000-144000 1080-3000-144000 1080-0000-146000 1080-1080-146000 1080-0000-146500 1080-0000-148100 1080-1080-148100 1080-0000-150300 1080-0000-150301 TOTAL ASSETS LIABILITIES 1080-0000-200000 1080-0000-200300 1080-0000-210000 1080-0000-211100 1080-0000-211343 1080-0000-211400 1080-0000-211999 1080-0000-212000 1080-0000-213400 1080-0000-213500 1080-0000-213700 1080-0000-214000 1080-0000-260600 1080-0000-260601 1080-0000-210000 1080-0000-270000 TOTAL LIABILITIES EQUITY 1080-0000-280100 1080-0000-280500 1080-0000-282000 1080-1080-282000 1080-2010-282000 1080-3000-282000 TOTAL EQUITY Lansing Housing Commission 1080 LaRoy Froh Townhomes Balance Sheet for March 2022 Cash -Security Deposits Chase Checking Accounts Receivable Allowance for Doubtful Accounts AIR Repayment Agreement Accounts Receivable HUD Accounts Receivable HUD Accounts Receivables-Misc Accrued Interest Receivable Intercompany Investments Savings Prepaid Insurance Land Construction in Progress Construction in Progress Dwelling Structures Dwelling Structures Dwelling Equipment - Ranges & Accumulated Depreciation -Build Accumulated Depreciation -Build Deferred Outflow - MERS Deferred Outflows-OPEB OPEB Liability Pension Liability Construction Costs Payabe Accounts Payable Accounts Payable Misc Tenant Security Deposits Tenant Refunds Accrued Payroll Utility Accrual Accrued Comp Absences - Curr Payment in Lieu of Taxes Accrued Comp Absences - non curr Note Payable Non Curr - PNC Note Payable - Curr - PNC Deferred Inflow - MERS Deferred Inflows Invest C Unrestricted Net Assets Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing TOTAL LIABILITES & EQUITY Period Amount 101,989.19 (18,622.62) 1,862.26 16,721.30 (4,575.86) 97,374.27 44,391.68 (19,861.00) (12,122.97) 654.02 13,061.73 84, 312.54 84, 312.54 97,374.27 Balance 40, 398.00 1,122,485.32 7,140.09 (714.01) 3,225.00 55.29 (16,756.82) 74,168.03 44,396.96 499,084.00 30, 072.28 279,684.12 12,792,393.80 520,795.00 51,291.24 (10,456,604.44) (234,955.00) 383,188.50 11,114.00 5,150,461.36 8,776.00 246, 376.00 49, 863.00 19, 030.00 10, 363.04 9,503.77 13,941.00 1,104.85 12,733.05 6,260.81 67,401.00 445,352.52 4,031,104.00 134,241.63 (1,158,435.57) (96,075.00) (56.25) 1,794,330.03 4,705,108.84 5,150,461.36 ASSETS 1090-0000-111102 1090-0000-111111 1090-0000-112000 1090-0000-112200 1090-0000-112201 1090-0108-112201 1090-0000-112220 1090-0000-112500 1090-2010-112500 1090-0000-114500 1090-5005-115700 1090-0000-116201 1090-0000-121100 1090-0000-140000 1090-0000-144000 1090-3000-144000 1090-0000-146000 1090-1090-146000 1090-0000-146500 1090-0000-147000 1090-0000-148100 1090-1090-148100 1090-0000-150300 1090-0000-150301 TOTAL ASSETS LIABILITIES 1090-0000-200000 1090-0000-200300 1090-0000-210000 1090-0000-211100 1090-0000-211343 1090-0000-211400 1090-0000-211999 1090-0000-212000 1090-0000-213400 1090-0000-213500 1090-0000-213700 1090-0000-214000 1090-0000-260600 1090-0000-260601 1090-0000-210000 1090-0000-210001 1090-0000-270000 TOTAL LIABILITIES EQUITY 1090-0000-280100 1090-0000-280500 1090-0000-282000 1090-1090-282000 1090-2010-282000 1090-3000-282000 TOTAL EQUITY Lansing Housing Commission 1090 South Washington Park Balance Sheet for March 2022 Cash -Security Deposits Chase Checking Accounts Receivable - Operations Accounts Receivable Allowance for Doubtful Accounts Allowance for Doubtful Accounts AIR Repayment Agreement Accounts Receivable HUD Accounts Receivable HUD Accrued Interest Receivable Intercompany Investments Savings Prepaid Insurance Land Construction in Progress Construction in Progress Dwelling Structures Dwelling Structures Dwelling Equipment - Ranges & Nondwellin Structures Accumulated Depreciation -Build Accumulated Depreciation -Build Deferred Outflow - MERS Deferred Outflows-OPEB OPEB Liability Pension Liability Construction Costs Payabe Accounts Payable Accounts Payable Misc Tenant Security Deposits Tenant Refunds Accrued Payroll Utility Accrual Accrued Comp Absences - Curr Payment in Lieu of Taxes Accrued Comp Absences - non curr Note Payable Non Curr - PNC Note Payable - Curr - PNC Deferred Inflow - MERS Deferred Inflow - OPEB Deferred Inflows Invest C Unrestricted Net Assets Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing TOTAL LIABILITES & EQUITY Period Amount 93,407.92 834.00 (83.40) 12,058.50 (664.61) 105,552.41 1,846.24 (893.00) 737.67 1,690.91 103, 861.50 103,861.50 105,552.41 Balance 1,777.00 673,585.81 5,080.60 (508.06) 55.29 (3,211.79) 74,168.03 3,793.28 36,534.00 3,650.00 72,259.90 288,076.96 2,558.79 (281,631.86) 359,216.50 6,866.00 1,242,270.45 5,422.00 227,085.00 1,998.80 1,777.00 1,035.00 11,586.49 160.00 3,591.55 (2,901.14) 20,352.10 62,123.00 535.00 332,764.80 3,083,846.00 52,038.44 (6,214,638.93) (19,923.00) (75.00) 4,008,258.14 909,505.65 1,242,270.45 ASSETS 5005-0000-111101 5005-0000-111105 5005-0000-111111 5005-0000-112500 5005-0000-112954 5005-1010-115700 5005-1020-115700 5005-1080-115700 5005-1090-115700 5005-4001-115700 5005-8001-115700 5005-8002-115700 5005-8005-115700 5005-8010-115700 5005-8020-115700 5005-8021-115700 5005-9101-115700 5005-0000-121100 5005-0000-121200 5005-0000-140000 5005-0000-144000 5005-0000-146000 5005-0000-146500 5005-0000-148100 5005-0000-150102 5005-0000-150300 5005-0000-150301 TOTAL ASSETS LIABILITIES 5005-0000-200000 5005-0000-200300 5005-0000-210000 5005-0000-211100 5005-0000-211343 5005-0000-211703 5005-0000-211704 5005-0000-212000 5005-0000-213400 5005-0000-213500 5005-0000-214000 5005-0000-224000 5005-0000-260700 5005-0000-260701 5005-0000-210000 5005-0000-210001 5005-0000-270000 TOTAL LIABILITIES EQUITY 5005-0000-280100 5005-0000-280500 5005-0000-282000 5005-1010-282000 5005-1090-282000 5005-3000-282000 TOTAL EQUITY Lansing Housing Commission 5005 Central Office Cost Center Balance Sheet for March 2022 General Fund Checking LHC-Payroll Account Chase Checking Accounts Receivable HUD Accounts Receivables-Misc Intercompany Intercompany Intercompany Intercompany Intercompany Intercompany Intercompany Intercompany Intercompany Intercompany Intercompany Intercompany Prepaid Insurance Prepaid - Other Land Construction in Progress Dwelling Structures Dwelling Equipment - Ranges & Accumulated Depreciation -Build Investment in OG Deferred Outflow - MERS Deferred Outflows-OPEB OPEB Liability Pension Liability Construction Costs Payabe Accounts Payable Accounts Payable Misc Union Dues Payable Health Insurance W/H Accrued Payroll Utility Accrual Accrued Comp Absences - Curr Accrued Comp Absences - non curr Tenant Prepaid Rent Note Payable Non Curr - Davenport Note Payable - Curr - Davenport Deferred Inflow - MERS Deferred Inflow - OPEB Deferred Inflows Invest C Unrestricted Net Assets Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing Period Amount 272.79 351,808.52 (528,381.14) 9,481.53 (9,169.40) (24,995.02) (16,721.30) (12,058.50) (38,855.37) (32,750.39) (104,182.31) (4,155.89) (14,769.96) (36,404.34) (778.58) (461,659.36) (21,547.32) (176.60) (21,723.92) (439,935.44) (439,935.44) TOTAL LIABILITES & EQUITY (461,659.36) Balance 66,817.43 1,754,627.38 (174,208.02) (400,792.09) 24,658.49 21,206.80 16,756.82 3,211.79 854,333.74 73,135.17 (8,992.17) (10,585.70) 26,958.21 12,977.80 3,148.48 11,887.00 190,000.00 41,738.84 775,620.74 335,281.25 (1,055,856.85) 411,617.62 73,349.00 6,502.00 3,053,393.73 5,138.00 159,315.00 16,609.39 (1,602.20) 8,104.41 1,202.00 1,800.24 10,201.33 3,810.00 43,585.00 25,144.00 273,307.17 262,455.00 327,575.00 2,423,249.94 -3,277.50 3,990.83 -233,906.71 2,780,086.56 3,053,393.73 ASSETS 8001-0000-111111 8001-2010-111111 8002-0000-111111 8002-0000-112200 8002-8002-112200 8001-0000-112954 8002-0000-112954 8001-5005-115700 8002-5005-115700 8001-0000-121100 8001-2010-144000 8001-0000-146500 8001-0000-148100 8002-0000-148100 8001-0000-150300 8001-0000-150301 TOTAL ASSETS LIABILITIES 8001-0000-200000 8001-0000-200300 8001-0000-210000 8001-0000-211100 8002-0000-211100 8002-8002-211100 8001-0000-211343 8001-2010-211998 8001-0000-212000 8001-0000-213400 8001-0000-213500 8001-0000-214000 8001-0000-210000 8001-0000-210001 8001-0000-270000 TOTAL LIABILITIES EQUITY 8001-0000-280500 8001-0000-282000 8001-0003-282000 8001-3000-282000 8002-0000-280100 8002-0000-280400 8002-0000-280500 8002-0000-282000 8002-8002-282000 TOTAL EQUITY Lansing Housing Commission Housing Choice Voucher Balance Sheet for March 2022 Chase Checking Chase Checking Chase Checking Accounts Receivable Accounts Receivable Accounts Receivables-Misc Accounts Receivables-Misc Intercompany Intercompany Prepaid Insurance Construction in Progress Dwelling Equipment - Ranges & Accumulated Depreciation -Build Accumulated Depreciation -Build Deferred Outflow - MERS Deferred Outflows-OPEB OPEB Liability Pension Liability Construction Costs Payabe Accounts Payable Accounts Payable Accounts Payable Accounts Payable Misc Deferred Income Accrued Payroll Utility Accrual Accrued Comp Absences - Curr Accrued Comp Absences - non curr Deferred Inflow - MERS Deferred Inflow - OPEB Deferred Inflows Unrestricted Net Assets Income and Expense Clearing Income and Expense Clearing Income and Expense Clearing Invest C Restricted Net Assets Unrestricted Net Assets Income and Expense Clearing Income and Expense Clearing TOTAL LIABILITES & EQUITY Period Amount (41,756.16) (83,592.71) 32, 750.39 104,182.31 (2,726.44) 8,857.39 (13,651.96) (13,651.96) 1,919.75 20,589.60 22, 509.35 8,857.39 Balance 1,041,517.12 322,347.29 2,966.15 (73,135.17) 8,992.17 13,631.19 3,753.83 44,423.50 (28,063.43) 107, 995.00 18,864.00 1,463,291.65 14, 897.00 234,571.00 11,620.66 21, 077.27 6,903.56 39,120.20 64,172.00 98, 906.00 491,267.69 (311,896.99) 955,750.41 (1,038.20) (2,130.72) 3,047.00 152,357.00 522,753.00 66,287,470.25 (66,634,287.79) 972,023.96 1,463,291.65 WILIFICAT Lansing Housing COMMISSION May 4, 2022 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 HONORABLE MEMBERS IN SESSION Lansing Housing Commission 419 Cherry St. Lansing Michigan 48933 SUBJECT: March 2022 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 in the FSS program. We have a pending file audit for one possible graduate. Our new FSS Coordinator has completed 89% of her training and we will begin the process of expanding the program over the next 30 days. HCV Orientations: LHC issued thirty-six (36) vouchers in the month of March. Four (4) VASH orientations virtually were held for the month of March 2022, and four (4) vouchers were issued with the assistance of community partners. There are currently an additional 9 vouchers issued and out searching. Waiting List: Emergency Housing Vouchers: 18 of the 32 Emergency Housing Vouchers have been leased up, 2 are pending calculation/inspection, and 11 are issued and are out searching for housing. 150 regular HCV applications were mailed out during the month of March, 72 households are out searching for units, 41 applicants are pending documentation or final approval, 0 applicants are pending a hearing, 11 units are approved and pending inspection, and 4 are pending lease -up. Department Initiatives: In the HCV Program, there are currently 1,736 vouchers housed in all its programs. 36 participants are with the Shelter Plus Care Program (S+C), 64 are housed under the TDD/TTY #: 1-800-545-1833 Ext. 919 "Equal Housing Opportunity" Housing Choice Voucher Report March 2022 1011:1: PIT Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 Permanent Supportive Housing Program (PSH), 17 are housed under the Emergency Housing Voucher Program (EHV), 131 are housed under the HUD -Veterans Affairs Supportive Housing (VASH), 20 at Waverly Place, 29 are housed at Hildebrandt Park, 29 at LaRoy Froh, 8 are housed under the Holy Cross transitions, 19 are housed under the Holy Cross Rapid Rehousing (HCRR), 46 are housed under the Holy Cross Permanent Supportive Housing (HCPSH) and 1,348 are housed under the Housing Choice Voucher Program. Voucher Utilization February Voucher Program Total Units 1,863 February Traditional HCV Utilization 1481 February % Utilized Units 79% March Voucher Program Total Units 1,863 March Traditional HCV Utilization 1463 March % Utilized Units 79% Voucher Disbursement HUD February HAP Disbursement $913,838 LHC February HAP/UAP Disbursement $896,329 Voucher Funding Utilization 98% HUD March HAP Disbursement $914,256 LHC March HAP/UAP Disbursement $881,581 Voucher Funding Utilization 96% 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 a written policy. TDD/TTY #: 1-800-545-1833 Ext. 919 llA 'Equal Housing Opportunity" L I Housing Choice Voucher Report March 2022 itAgigAT Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 Waiting List PIC Scoring Internal Scoring N/A 15 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 2022. This indicator is not scored by PIC but based. on an internal review. LHC will self -score 20 points for this indicator out 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 N/A Internal Scoring 5 TDD/TTY #: 1-800-545-1833 Ext. 919 'Equal Housing Opportunity" Housing Choice Voucher Report March 2022 VANV/Vi/\\4 IIPVETRIT Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 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. 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 five (5) 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 N/A Internal Scoring 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 TDD/TTY #: 1-800-545-1833 Ext. 919 "Equal Housing Opportunity Housing Choice Voucher Report March 2022 Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 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. PIC Scoring N/A Internal Scoring 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 March 31, 2022, the reporting rate is 99%. Based on PIC, LHC records this indicator as 10 of a possible 10 points. Annual Reexaminations PIC Scoring 10 Internal Scoring 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 5 Internal Scoring 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 5 Internal Scoring 5 TDD/TTY #: 1-800-545-1833 Ext. 919 IA 'Equal Housing Opportunity Lam" Housing Choice Voucher Report March 2022 Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 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. Inspections PIC Scoring Internal Scoring 10 10 Indicator 13- Program Utilization The department utilization rate during this reporting period is 79%. 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 (43%) 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 N/A Internal Scoring 5 TDD/TTY #: 1-800-545-1833 Ext. 919 Equal Housing Opportunity" Housing Choice Voucher Report March 2022 IVIVTAIT Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 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. Participants w/ Escrows PIC Scoring N/A *Please note all PIC data is of 3/31/2022. Internal Scoring 5 TDDfrTY #: 1-800-545-1833 Ext. 919 'Equal Housing Opportunity" Housing Choice Voucher Report March 2022 IEFTWAT Lansing Housing COMMISSION May 4, 2022 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 HONORABLE MEMBERS IN SESSION Lansing Housing Commission 419 Cherry St. Lansing Michigan 48933 SUBJECT: March 2022 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 March. 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 March. There were zero (0) household moved in, zero (0) resident moved out, and one (1) unit transfers. The total units occupied was 297 which equals 97%. At the end of March, PH scattered sites had a total of 126 open work orders. LaRoy Froh occupancy was 89% at the end of March. 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%. TDD/TTY #: 1-800-545-1833 Ext. 919 "Equal Housing Opportunity' Monthly Asset Management Report March 2022 (1/2. Lansing Housing COMMISSION OCCUPANCY: 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 Site Total Number of Units PH Scattered Sites 306 LaRoy Froh 100 UML Occupied 1st day of month including MOD units Gross (including MOD Occupancy rate) Move Ins Move Outs Transfer Units Total MOD Units 297 89 97% 89% Totals RENT COLLECTION: 406 386 95% 0 0 0 0 0 0 0 0 0 0 0 0 Site Rent Charged Receivables Total Uncollected Collection Rate PH Scattered Sites S NA LaRoy Froh $ 21,052 $ NA $ 19,236 $ NA $0 TBD 91% Totals $ 21,052 I $ 19,236 I $ 0 91% PH Scattered Sites Vacant Unit Status: Address BR Vacate Date 5018 Starr 5 6-30-21 2119 Forest 5840 Pheasant Total Days Vacant 266 Projected Ready Date 10-27-21 2 11-30-21 120 1-30-22 3 7-1-21 266 10-22-21 TDD/TTY #- 1-800-545-1833 Ext. 919 Unit turn Cost $1200 TBD Comments*Details needed for Vacancies over 20 days Carpentry work being assigned for completion Cleaning getting done Carpentry work being assigned for completion "Equal Housing Opportunity Monthly Asset Management Report March 2022 tovi::r Lansing Housing COMMISSION 419 Cherry St., Lansing, MI 48933 Telephone: (517) 487-6550 Fax: (517) 487-6977 4343 Glenburne 2 3-12-21 366 10-27-21 $125 4151 Glenburne 2 9-16-20 511 9-9-21 $1275 506 Chestnut 2 3-16-22 14 124 Howe 4 6-23-21 271 1507 Robertson 3 2-10-21 396 636 Hayford 3 6-24-21 223 400 Dadson 935 Dakin 4025 Glenburne 127 Northrup 4640 Christianson 3 9-1-21 4 1-30-22 2 2-1-22 3 2-11-22 3 6-22-21 LaRoy Froh Vacant Unit Status: Address 2332 Reo 2212 Reo 2440 Reo 2508 Reo 2220 Reo 2520 Reo 2224 Reo 2448 Reo 2536 Reo 2534 Reo 2532 Reo 210 60 58 47 251 5-15-22 9-15-21 $2250 9-11-21 $1675 TBD TBD 4-28-22 $1600 5-15-22 5-15-22 BR Vacate Total Date Days Vacate 2 3-12-21 382 3 10-22-20 553 3 11-19-20 515 3 2-10-21 411 3 4-30-21 334 2 4-30-21 334 5 4-28-21 334 4 4-25-21 338 2 9-12-21 191 3 11-19-21 138 3 11-5-21 144 Projected Unit turn Ready Cost Date TDD/ I I Y #: 1-800-545-1833 Ext. 919 Applicant assigned Processing/pulling applications Complete restoration required Move -in scheduled for 9- 22-21 Getting painted and cleaned Complete Comments*Details needed for Vacancies over 20 days Completing Rehab "Equal Housing Opportunity" Monthly Asset Management Report March 2022