HACM amends Convent Hill 202 bylaws to allow alternate director appointments; board delays naming directors

The Housing Authority of the City of Milwaukee on Nov. 12 approved an amendment to section 4.1 of the Convent Hill 202 Holdings, Inc. bylaws that allows the housing authority to specify a person other than the assistant secretary/executive director to serve as a director of the subsidiary.

Ken, the HACM staff presenter, told commissioners Convent Hill 202 Holdings was created in 2023 to be the purchaser and owner of 36 Section 202 units within a 120-unit building. "These bylaws were created in 2023. We're currently working to try and activate it before the end of the year," he said, explaining the amendment addresses a vacant assistant secretary/executive director position that had been listed in the bylaws.

Ken said the board of seven directors will include specific seats required by HUD and the transaction — for example, a nonprofit developer representative, a supportive-service provider, a financial institution representative, a Convent Hill resident and one HACM commissioner — and that staff will recruit to fill those seats. Commissioners asked about quorum and recruitment timelines; Ken said staff will seek to recruit a quorum quickly and continue filling seats over the next month or two.

Rather than immediately appoint directors, the commission voted unanimously to hold the director-appointment item over to the next meeting so commissioners could propose candidates. Staff was directed to return with suggested nominees and with a list of board members and terms.

Why it matters: The Convent Hill 202 entity will hold units specifically financed under HUD Section 202 (elderly housing) and the bylaw change is a legal step to activate that ownership structure so HACM can complete the transaction and place the 36 units under the subsidiary’s management.