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II. 1. ITEM 2017-01 Annual and Five-Year Plan for HRA - Public Hearing (adopt Resolution 517)January 12, 2017HRA Report 2017-01 PUBLIC HEARING APPROVAL OF HOPKINS HRA ANNUALANDFIVE-YEAR ACTION PLANS Proposed Action Staff recommends approval of the following motion: Adopt Resolution 517, authorizing approval of PHA Annual Planand the Five-Year Action Plan, and subsequent submission to HUD. Overview The objective of the Annual andFive-Year Action Plansis to describe the plans for capital projects over the next five years. The Plansdetail the needs and the priorities for upcoming work and provide estimates for each. Federal regulationswerepublished regarding the format and timeline for submission of these plans. The Department of Housing and Urban Development developed the template for all Housing Authorities to use for electronic submission of theAnnual and the Five-Year Action Plans.We are to submit these plans and additional forms and paperwork following the approval by the HRA Board. Supporting Documentation Capital Fund Program—Five-Year Action PlanHUD 50075.2 HRA Resolution 517 Analysis What type of plan will the HopkinsHRA need to submit? The Hopkins HRA is required to submit both the updated Annual and Five-Year Action Plans each year. This year, we made slight changes to the plan from last year to reflect work completed in 2016. The Five-Year Action plan requires HUD review and approval, prior to the actual submission of the 2017 Capital Fund Plans. Alternatives The HRA Board of Commissioners has the following alternatives available for addressing this issue: Adopt Resolution517and approve the Annual and Five-Year Action Plans. Continue for additional information. ________________________________ Stacy Unowsky, Executive Director HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION No. 517 RESOLUTION APPROVING THE HOPKINS HRA FIVE-YEAR PLAN AND ANNUAL AGENCY PLAN AUTHORIZING THE CHAIRMAN AND EXECUTIVE DIRECTOR TO EXECUTE THE CERTIFICATIONS NECESSARY FOR SUBMISSION TO HUD WHEREAS,theHousing and Redevelopment Authority In and For the City of Hopkins, Minnesota, (the “Authority”) operates a low rent public housing program; WHEREAS, the Authority, as a requirement of the Quality Housing and Work Responsibility Act of 1998, finds it necessary to implement a five-year agency plan and an annual agency plan;and, WHEREAS, the Authority has established a process to address the ongoing capital needs of Dow Towers and utilize theCapital Funds for these purposes and plan for possible projects over the next five years bydeveloping the five-year plan. NOW, THEREFORE, BE IT RESOLVEDthat the Authority Board of Commissioners hereby approves the Annual PHA Agency Plan and Five-Year Plan. th Adoptedthis 17day ofJanuary 2017. By__________________________________ Molly Cummings, HRA Board Chair ATTEST: _______________________________ Stacy Unowsky, Executive Director