August Notes

WHO Meeting – August 21, 2012

Mary Neidenbracher – Federal funds with property loans from city (5 loan and 5 year restriction)

2714 Ingersoll – Crattelli building; foreclosure by city

• Meric – HOME loan; federal loan for development
• 1919 built by former Mayor of DSM – originally 15 units; in 1944 approx. divided into more units & garages built
• Loan – 165,000 2012; part of it will be paid back
• Assist 11 units with payments - most be occupied by tenants below 60% of median income (1 person – income must be less than $31,000); other 11 units not under limits
• 8 2 bedrooms; 15 1 bedrooms (dogs up to 25 lbs); screen tenants but are liberal; Avg: 650 up to 700/month
• Maintenance plans – roof, boiler, new kitchens, redo majority of bathrooms; like to keep original fixtures if can (woodwork, tiles, etc.); repair/retexture/repaint walls; update electrical service; new plumbing to street, etc.

See examples of their work - 3451 grand ave – building ½ done – DMU students are in it (corner of 35 & grand) \ 511 29th street \ other examples

Eric and Merle – 3607 Ingersoll (have about 400 units now; been in business for 4 to 5 years an incorporated entity)

Merle Laswell – Meric Property Management – 5157715383
mericpm1@gmail.com | o – 5152559289 | 3607 Ingersoll Ave, 107 – dsm, IA 50312

Ingersoll Square – Sherman Hill – Ingersoll/High/MLK – 63 Units of New construction housing – coming up for planning zoning committee - $3 million grant from state of IA (CGBG) (77% brick; hardy plank; differences in decking) – 50% of residents must be at 80% of median income – 42,100 (32 units); rest of building not restricted. $800 for 1 bedroom; 850 for 2 bedroom

Vince – will set-up meeting with Principal & VP at Callahan; 4:00 p.m. time; bring ideas and concerns to meeting; try something different in 2012-2013 school year; still have ambassadors

NBSD – assigned to state fair duty & court avenue loop ; assisting special ops unit

Neighborhood Planning Process – Dates confirmed for neighborhood workshops – Sat. Sept. 22nd 1 to 4
Oct. 6 1 to 4; Oct 20 1 to 4 (every other week) – location ?? location/snacks/child care (team of 3 students);

- Mickelson Center
- Schools/ 42nd Plymouth Church
- City will have postage list for ISU students – they will send postcards
- These plans are put into action – benefit you – on the ground changes (1 – vision/creating a vision 2 – turning vision into projects & who will take responsibility 3 – how will we know we got there/measure change)
- Homeownership is a commitment for our neighborhood; need a plan – lots of foreclosures; identify problem; get data; assign responsibility, etc.
- Foreclosure response information – financial planning, etc.

Thank you for NNO – great event; great coordination.