At the meeting on Monday, Nov. 20, The El Dorado City Commission authorized City Manager David Dillner to sign the grant agreement with the Kansas Housing Resources Corporation (KHRC) for the Kansas Moderate Income Housing Program.
The City of El Dorado was awarded $190,000 from KHRC for the program. El Dorado has been awarded this funding three out of the past four years. The city will have no fiscal responsibility for this project other than administering the grant to meet the terms of the agreement.
The grant may be used for any of the following allocations:homebuyer assistance in the amount of $10,000 per house for two bedroom, two bath, new single family homes or half of a duplex or condo unit. homebuyer assistance in the amount of $15,000 per house for three bedroom, two bath new single family homes or half of a duplex or condo unit. gap financing in the amount of $10,000 per unit for multi-family rental units with at least two bedrooms and two bathrooms.
"For the first round of it, we'd like to see it used as homebuyer downpayment assistance in the form of 10,000 dollars per unit to two bedroom, two bath homes and 15,000 dollars downpayment assistance for three bedroom, two bath homes. We plan on opening up that application timeline for around 60 days and then making the funds available up to 10,000 dollars per unit for any type of new housing," Scott Rickard, city engineer, said.
Construction of this development will fill a community need for housing and must begin by April 1, 2018. This grant will be subject to development agreements between the City of El Dorado and the developers.
"Our plan is to do kind of a blitz here right before Christmas and let the word out to any folks that are interested in or are thinking about building a new home – that they go ahead and start considering that because we do need those folks up front .... The only real requirement is that they meet the moderate income guidelines .... Moderate income [for] a family of four could be anywhere from 81,600 a year down to 32,640 dollars a year – within that range," Rickard said.
In the reports segment of the meeting, Mayor Vince Haines reminded everyone present that a new city commission will start in January 2018; a strategic planning retreat for the commission is being planned for that month. Also, Dillner mentioned that the El Dorado Police Department has five police officer openings, and the sewer is going in at the new Grandview Elementary School site.
The following individuals were recognized with employee service award plaques at Monday's meeting for the years they've spent working for the city:Darcia Beavers, 10 years in public works Pat Fountain, 10 years in public utilities Kevin Karst, 10 years in public works Shane McCoy, 10 years in fire Jason Patty, 10 years in public utilities David Windle, 10 years in public utilities Troy Jellison, 15 years in fire Rodney Reed, 15 years in public works Larry Hill, 20 years in public works Kurt Bookout, 25 years in public utilities Nelson Koehn, 30 years in recycle