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HomeMy WebLinkAboutPeninsula Housing Authority Conversion Support PORT ANGELES 321 East Fifth Street W A s H I N C- T o N , U . S . Port Angeles, WA 98362 September 16, 2020 Ms. Sarah Martinez Peninsula Housing Authority 2603 S. Francis Street Port Angeles, WA 98362 Dear Ms. Martinez: As the Mayor of the City of Port Angeles, I would like to communicate City Council support for the Peninsula Housing Authority (PHA) in its efforts to submit a Streamlined Voluntary Conversion Section 22 Application. City Council reviewed and approved similar changes on November 19, 2019. As you know, the City of Port Angeles is in desperate need of affordable housing. This process would give the Peninsula Housing Authority an opportunity to convert its existing public housing program to Tenant-Based and/or Project-Based rental assistance and retain much needed rental subsidy in the community. Additionally, the conversion processes the PHA is applying to would allow the authority to rehabilitate and preserve precious affordable housing units in our community by accessing several financing resources, including low-income housing tax credits and private activity bonds. The City feels this conversion, rehabilitation, and redevelopment would benefit the community by preserving existing affordable housing and expanding future housing options in the community. We offer our full support to this application from the Peninsula Housing Authority. Sincerely, Kate Dexter Mayor