GBHA Properties 1 Incorporated approved its June 30, 2024 audit report and received a directors update that major renovations to scattered-site properties are nearly complete at the organizations Feb. 20 meeting.
The audit approval was taken during the routine meeting of GBHA Properties 1 Incorporated and carried on a voice vote with no recorded opposition. Director (unnamed) told the board that 45 of the authoritys 48 scattered-site units have been remodeled and described the scope of work completed and remaining issues.
"So as you know, all of our 48 all 48 of our scattered sites were remodeled at some level. We have 3 left. So 45 are completed. 3 are left," Director (unnamed) said. The director said every property received central air, several had boilers retooled, and many received updated water heaters, furnaces and flooring.
"So every single 1 of our properties got central air, which was huge because in HUD's eyes, that was a luxury," the director said, adding that where original wood floors remained they were refinished and in other units luxury vinyl plank (LVP) replaced carpeting. The director also said bathroom vents were upgraded to meet a code update and that some units received new kitchen cabinets, countertops and appliances depending on the timing of previous move-outs.
Staff reported three properties were affected by recent fires but were rehoused and leased quickly. "The 3 properties that were affected by the fire were leased up in December," the director said. The authority used its insurance for the fire damage; "It was a $25,000 deductible for each occurrence," the director said.
The director also reported recent utility incidents, including a contractor striking a water main. "A plumber was on their way to the building as we were leaving. So just currently, our East America residents do not have water," the director said. The board discussed no separate formal action on repairs beyond the directors operational report.
The board conducted routine governance actions at the meeting: approving the agenda and minutes from the Sept. 19, 2024 meeting, opening and closing the entitys annual meeting, approving the audit report for the entity and adjourning. Votes were recorded by voice; the transcript records affirmative "aye" responses and the chair noting motions carried, but individual vote counts or named vote tallies were not specified in the meeting record.
No additional policy changes or funding allocations were proposed during the meeting, and no dates for follow-up items were specified.
The board adjourned after the directors report and closure of routine business.