316-5. Housing Trust Fund Advisory Board.
1. CREATED. a. There is created a housing trust fund advisory board consisting of the following 13 members who shall serve staggered 2-year terms:
a-1. 2 common council members appointed by the common council president.
a-2. 2 members appointed by the mayor.
a-3. The city comptroller or designee.
a-4. A non-profit developer, appointed by the common council president.
a-5. A for-profit developer, appointed by the common council president.
a-6. A representative of Continuum of Care, appointed by the agency.
a-7. A representative of a financial institution, appointed by the common council president.
a-8. A representative of the Local Initiatives Support Corporation, appointed by the agency.
a-9. A representative of the Metropolitan Milwaukee Fair Housing Council, appointed by the agency.
a-10. A representative of Independence First, appointed by the agency.
a-11. A representative of the Interfaith Conference of Greater Milwaukee, appointed by the agency.
b. The mayor shall designate the board chair and vice-chair.
c. Members need not be city residents.
2. DUTIES. Guided by the recommendations of the Milwaukee housing trust fund task force approved by the common council in resolution file number 060071, the housing trust fund advisory board shall:
a. Evaluate requests for funding from the housing trust fund after the requests have been submitted to and reviewed by the community development grants administration division.
b. Make recommendations to the common council concerning the allocation of housing trust funds based on the recommendations of the community development grants administration division.
c. Identify sources of financing the housing trust fund that may be utilized for consideration by the common council.
d. Adopt rules, guidelines and criteria to assist the board in carrying out its responsibilities.
3. STAFFING. The community development grants administration division and the city clerk’s office shall provide staff support to the board.
