File #: 20-396    Version: 1 Name:
Type: Information/Discussion Item Status: Agenda Ready
File created: 7/21/2020 In control: Housing & Redevelopment Authority
On agenda: 7/28/2020 Final action:
Title: 2nd Quarter Income/Expense Report- Rental Properties.
Attachments: 1. 2020 Rental Income & Expense Report
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DATE:                     July 28, 2020

 

TO:                                           Members of the Housing & Redevelopment Authority

 

FROM:                     Melissa Hanson, Housing Coordinator

 

Title

2nd Quarter Income/Expense Report- Rental Properties.

 

Body

SUMMARY AND ACTION REQUESTED:

The Housing and Redevelopment Authority (HRA) to review 2nd quarter income and expense report for HRA owned rental properties

 

BACKGROUND:

 

The HRA owns and operates 4 rental properties containing 5 rental units. The rental units include a duplex on Washington St. S., 2 townhome units on Elianna Drive and one unit of a twin home on Hidden Valley Road. Each quarter an income and expense report is provided to HRA Board Members to review.

 

ANALYSIS:

 

Second quarter income, for all HRA owned rental property, is on track with the 2020 budget.

 

OPTIONS:

 

N/A

 

RECOMMENDATION:

 

N/A