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New SSHP Review Committee
to be formed
The SHA Board of Commissioners
establishes a new, on-going review committee to monitor SSHP rent policy
SEATTLE—September, 2003—At its September 15th
meeting, the SHA Board of Commissioners adopted a resolution calling
for the creation of a new Review Committee for the Seattle Senior
Housing Program.
The committee's job will be to monitor SSHP's
financial performance and make recommendations to the Board of
Commissioners if policies or practices need to be changed to ensure
SSHP's long-term financial viability. The committee will be
convened each year, meeting several times over a period of months,
to participate in developing the annual budget. Committee
members will review the prior year's financial performance and make
recommendations on the next year's budget to ensure that the program
is bringing in enough revenue to meet its expenses, as well as
continuing to serve households with the desired mix of
incomes.
The need for such a committee was first identified
by the SSHP Rent Structure Advisory Committee, and included in that
group's recommendations for a new rent policy, adopted by the Board
in June, 2003. (For a related story on the new rent policy, click
here.)
Because the Rent Structure Advisory Committee
process went so well, the new review committee membership will have
a similar make up, with about 11 people representing various
constituencies with an interest in SSHP, including:
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Two SSHP residents
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Two representatives of the City of Seattle
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Two low-income housing practitioners or industry
experts
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Two other knowledgeable and industry
stakeholders, most likely from low-income advocate groups
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An at-large member who may also represent one of
the constituent groups
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The SSHP Senior Property Manager
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The SHA Executive Director, or designee
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One SHA Commissioner (ex officio)
Committee members will serve for three years.
According to SHA Deputy Director Al Levine, "SSHP,
at almost 1,000 units, is a large part of the low-income housing
available for seniors in Seattle. Its success is important, not only
to the people who live there, but to everyone concerned about senior
housing in Seattle. Having an on-going review committee like
this will help SHA continue to run a strong program that meets
community expectations."
For more information about the new review committee, contact
Andria Lazaga at alazaga@seattlehousing.org,
or (206) 615-3546.
In the meantime, the new SSHP rent
policy will go into effect beginning October 1, 2003. Rents
for new residents will be between $220 and $650, depending on
income.
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