On behalf of the Town of Culver, I attended the Affordable Housing Finance Summit in Chicago last month. It was a three day event, running from Wednesday morning through Friday afternoon. It consisted of a lot of interactive presentations as well as networking opportunities. I have some experience dealing with HUD due to our Garden Court projects, but this was like taking a 200 level course when I really needed 101. I do feel like I learned a lot, while it was painfully obvious that I have a lot more to learn.
Affordable Housing has long been a topic in Culver. The issue has been further focused due to the completion of the Comprehensive Plan where affordable housing was addressed. The recent tax abatement granted to Elkay where they pledged to add 100 new employees also makes housing a local priority. This has also been a topic at several of the MCEDC Development for the Future meetings as other communities in Marshall County are recognizing the same need. Overall, MCEDC is aware of current expansions that are projected to add 500-600 new jobs in the next 12-18 months. Ginny Munroe, Culver Town Council President, asked me to be on a Task Force to address this issue for Culver. When the advertisement for the Summit came up, I volunteered to attend on the Town’s behalf.