HOUSING TRUST FUND ADVISORY BOARD FINANCE SUBCOMMITTEE
TL;DR
The Housing Trust Fund Advisory Board Finance Subcommittee met to discuss potential funding sources for housing initiatives and heard presentations about tax programs and investment options. City Assessor Mary Reavey provided insights into the Payment In Lieu Of Taxes (PILOT) program, and a Northwest Mutual representative discussed potential investment strategies for the Housing Trust Fund.
Key Decisions
- PILOT Program Review Discussed
- Investment Options Exploration Pending Further Research
- Housing Trust Fund Funding Sources Under Consideration
Agenda
- Untitled item
- Meeting adjourned: 3:53 P.M. Terry J. MacDonald Staff Assistant
- Meeting convened: 3:04 P.M.
- Roll call
- Approval of the minutes of the August 6, 2007 meeting
- Appearance by and presentation given by Ms. Mary Reavey, City Assessor, relative to the Payment In Lieu Of Taxes (PILOT) program
- Appearance by a representative from Northwest Mutual Insurance Co. relative to investment options
- Discussion on proposed funding sources for the Housing Trust Fund
- Members of the Common Council and its standing committees who are not members of this committee may attend this meeting to participate or to gather information. Notice is given that this meeting may constitute a meeting of the Common Council or any of its standing committees, although they will not take any formal action at this meeting.
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