Ordinance No. 13-2022 approves an intergovernmental agreement between the City and the Alamosa Housing Authority (AHA) allowing the City to approve, on an annual basis, the AHA retaining all or a portion of the PILT payments it receives from HUD, and that otherwise would be paid to the taxing jurisdictions, for specific projects relating to affordable housing. The IGA envisions obtaining City approval from year to year by approval of a resolution setting forth the specific purposes for which the AHA may retain PILT payments in any given year.

For the 2021 PILT payment, staff recommends approving the AHA to retain $40,238.06 to foster two identified 2022 AHA capital projects that meet a goal in the City’s Housing Action Plan specifically, "Preserving what we have" which states that we should "Increase home restoration and energy efficiency retrofits to make homes safer, more economical, and more comfortable. The two projects total more than the 2021 PILT payment, so the AHA will need to fund the remaining balance from other sources.  The projects approved by Resolution 11-2022 are the following:

Capital project 1460 - Furnaces = $20,000

Capital project 1460 - Water Heaters = $30,000

A copy of the AHA's 2022 budget is attached for review and reference.