Green Bay Housing Authority — Green Bay, WI
Date: 2025-07-30
Time: 09:00

AGENDA OF THE
 GREEN BAY HOUSING AUTHORITY
 WEDNESDAY, JULY 30, 2025, 9:00 AM
 City Hall, Room 604 - The Harry Maier Room.
 Virtual attendance is also available via Zoom.


A. Zoom Meeting Information.
 1. Join Zoom Meeting Online:
 https://us02web.zoom.us/j/81434999289?pwd=N0dlMGxWSS85SGswK2lZeGhZZUN0UT09

 Or call in by phone: +1 312 626 6799
 Meeting ID: 814 3499 9289
 Passcode: 483400

 If you wish to speak at this public meeting or leave a comment, please fill out the online
 Comment Form prior to the meeting. More detailed Zoom Instructions can be found online.
B. Roll Call.
 1. Members: William VandeCastle - Chair, Stephen Srubas - Vice Chair, Sandra Popp, Erin
 Edwards and Randy Scannell
C. Approval of the Agenda.
 1. Approval of the agenda for the Wednesday, July 30, 2025, meeting of the Green Bay Housing
 Authority.
D. Approval of Minutes.
 1. Approval of the minutes from the June 19, 2025, meeting of the Green Bay Housing
 Authority.
E. Regular Business.
 1. Consideration with possible action on approval of a loan with Grand Boulevard Apartments,
 LLC for the development of 0 Grand Boulevard (Tax Parcel 23-243-1).

Agenda of the Green Bay Housing Authority
July 30, 2025
Page 1
 The Authority may convene in closed session pursuant to Sections 19.85(1)(e), Wis. Stats.,
 for purposes of deliberating or negotiating the sale of public properties, investing of public
 funds or conducting other specified public business as necessary for competitive or
 bargaining reasons. The Authority may thereafter reconvene in open session pursuant to
 Section 19.85(2), Wis. Stats., to report the results of the closed session and consider the
 balance of the agenda.
F. Informational.
 1. GBHA Bills.
 2. GBHA Financial Report.
 3. Director's Report.
 4. Occupancy Report.
 5. Next Meeting: Thursday, August 21, 2025.
G. Adjournment.
 1. Adjournment of the Wednesday, July 30, 2025, meeting of the Green Bay Housing Authority.


 1) THIS MEETING IS RECORDED: THE VIDEO OF THIS MEETING AND MINUTES ARE AVAILABLE ONLINE
 AT www.greenbaywi.gov
 2) ACCESSIBILITY: Any person wishing to attend who requires special accommodation because of a disability,
 should contact the City Safety Manager at 920-448-3125 at least 48 hours before the scheduled meeting time so
 that arrangements can be made.
 3) QUORUM: Please take notice that a majority or quorum of the Common Council will attend this Green Bay
 Housing Authority meeting and will constitute a meeting of the Common Council for purposes of discussion and
 information gathering relative to this agenda.
 4) REPRESENTATION: The party requesting the communication, or their representative, should be present at this
 meeting.




Agenda of the Green Bay Housing Authority
July 30, 2025
Page 2

AGENDA OF THE
 GREEN BAY HOUSING AUTHORITY
 WEDNESDAY, JULY 30, 2025, 9:00 AM
 City Hall, Room 604 - The Harry Maier Room.
 Virtual attendance is also available via Zoom.


A. Zoom Meeting Information.
 1. Join Zoom Meeting Online:
 https://us02web.zoom.us/j/81434999289?pwd=N0dlMGxWSS85SGswK2lZeGhZZUN0UT09

 Or call in by phone: +1 312 626 6799
 Meeting ID: 814 3499 9289
 Passcode: 483400

 If you wish to speak at this public meeting or leave a comment, please fill out the online
 Comment Form prior to the meeting. More detailed Zoom Instructions can be found online.
B. Roll Call.
 1. Members: William VandeCastle - Chair, Stephen Srubas - Vice Chair, Sandra Popp, Erin
 Edwards and Randy Scannell
C. Approval of the Agenda.
 1. Approval of the agenda for the Wednesday, July 30, 2025, meeting of the Green Bay Housing
 Authority.
D. Approval of Minutes.
 1. Approval of the minutes from the June 19, 2025, meeting of the Green Bay Housing
 Authority.
E. Regular Business.
 1. Consideration with possible action on approval of a loan with Grand Boulevard Apartments,
 LLC for the development of 0 Grand Boulevard (Tax Parcel 23-243-1).

Agenda of the Green Bay Housing Authority
July 30, 2025
Page 1
 The Authority may convene in closed session pursuant to Sections 19.85(1)(e), Wis. Stats.,
 for purposes of deliberating or negotiating the sale of public properties, investing of public
 funds or conducting other specified public business as necessary for competitive or
 bargaining reasons. The Authority may thereafter reconvene in open session pursuant to
 Section 19.85(2), Wis. Stats., to report the results of the closed session and consider the
 balance of the agenda.
F. Informational.
 1. GBHA Bills.
 2. GBHA Financial Report.
 3. Director's Report.
 4. Occupancy Report.
 5. Next Meeting: Thursday, August 21, 2025.
G. Adjournment.
 1. Adjournment of the Wednesday, July 30, 2025, meeting of the Green Bay Housing Authority.


 1) THIS MEETING IS RECORDED: THE VIDEO OF THIS MEETING AND MINUTES ARE AVAILABLE ONLINE
 AT www.greenbaywi.gov
 2) ACCESSIBILITY: Any person wishing to attend who requires special accommodation because of a disability,
 should contact the City Safety Manager at 920-448-3125 at least 48 hours before the scheduled meeting time so
 that arrangements can be made.
 3) QUORUM: Please take notice that a majority or quorum of the Common Council will attend this Green Bay
 Housing Authority meeting and will constitute a meeting of the Common Council for purposes of discussion and
 information gathering relative to this agenda.
 4) REPRESENTATION: The party requesting the communication, or their representative, should be present at this
 meeting.




Agenda of the Green Bay Housing Authority
July 30, 2025
Page 2
 Report to the
 Housing Authority
 of the City of Green Bay


 MEETING DATE PREPARED BY
 July 30, 2025 Kaycee Champasak

AGENDA ITEM # D.1
Approval of the minutes from the June 19, 2025, meeting of the Green Bay Housing Authority.

BACKGROUND


RECOMMENDATION


FISCAL IMPACT


ATTACHMENTS
1. GBHAMINS06192025




 100 North Jefferson Street, Room 608, Green Bay, Wisconsin 54301-5026
 (p) 920.448.3400 (f) 920.448.3426  greenbaywi.gov
 Report to the
 Housing Authority
 of the City of Green Bay


 MEETING DATE PREPARED BY
 July 30, 2025 Cheryl Renier-Wigg, Staff

AGENDA ITEM # E.1
Consideration with possible action on approval of a loan with Grand Boulevard Apartments, LLC for the
development of 0 Grand Boulevard (Tax Parcel 23-243-1).

The Authority may convene in closed session pursuant to Sections 19.85(1)(e), Wis. Stats., for purposes of
deliberating or negotiating the sale of public properties, investing of public funds or conducting other
specified public business as necessary for competitive or bargaining reasons. The Authority may thereafter
reconvene in open session pursuant to Section 19.85(2), Wis. Stats., to report the results of the closed
session and consider the balance of the agenda.

BACKGROUND
Grand Boulevard Apartments, LLC, intends to develop a project that includes 95 workforce housing units.
The proposed multi-family units would be rented to households with incomes 80% to 120% of the Area
Median Income (AMI). The project would develop 3.05 acres of Redevelopment Authority (RDA) - owned
land, which makes up a portion of the 26 acres donated by JBS Foods to the City in 2020. The undeveloped
land was donated to support the creation of new workforce housing units and a destination park.

In May 2024, after releasing a Request for Proposals (RFP), the RDA selected Gorman & Company as a
development partner for multi-family housing at the JBS site. Gorman & Company has since completed their
due diligence, finalized their development plans, and secured funding contingent on a development agreement
with the City that includes Tax Increment Financing (TIF) assistance and HOME assistance was requested.
Gorman & Company has also created a new subsidiary, Grand Boulevard Apartments, LLC, to serve as the
official developer of the project.

Unfortunately, the Buy America Build America rules set in place by the Dept. of Housing and Urban
Development made the HOME funds requested from the RDA a cost burden to the project. The Developer
is now seeking a different funding source through the GBHA that does not carry these requirements.

This project aligns with the Green Bay Housing Authority's goal of supporting the creation of new housing
products in Green Bay. It will be open to the public and will be available for persons employed at JBS, a site
adjacent beef processing plant.

To help fill the gap on this project, the Developer has received approval from the City to utilize TIF funding
to repay an upfront loan. There is still a small gap remaining which needs to be filled to make this project
work.

The Developer is requesting a loan of $350,000.00 with 3% interest for five years. The payment will be
diferred during the five years, but interest will continue to accrue annually. At the end of five years, the
Developer will pay in full the $350,000.00 loan with all accrued interest. RDA staff has underwritten the
application for HOME funding request of $500,000.00 and found it to meet the standards for the HOME


 100 North Jefferson Street, Room 608, Green Bay, Wisconsin 54301-5026
 (p) 920.448.3400 (f) 920.448.3426  greenbaywi.gov
program. Staff used this underwriting in reviewing this loan and determined it would meet the justification of
gap funding requirements.

This is a catalyst housing project for the JBS site and will provide much-needed housing for the middle
income workforce market. Staff is in favor of approval.

RECOMMENDATION
To approve a $350,000.00 deferred loan with Grand Boulevard Apartments, LLC for the development of 0
Grand Boulevard (Tax Parcel 23-243-1) with a term of five years at 3% to be paid as a balloon payment at
the end of five years.

FISCAL IMPACT
Unrestricted revenue bond funding account.
Current balance $1,312,879
Obligated for MM 500,000 being held until completion of Mason Manor rehab
Avail. balance $ 812,879
Gorman request 350,000
Remianing balance $462,879

ATTACHMENTS
1. GBHA_GrandBloulevard
2. Amortization Schedule
3. Gorman Project Maps
4. Gorman Project Design




page 2 of 2
 P: (608) 835-3900
 F: (608) 835-3922
 info@GormanUSA.com
 www.GormanUSA.com
 200 N Main Street
 Oregon, WI 53575




July 17, 2025

Green Bay Housing Authority
Cheryl Renier-Wigg, Executive Director
100 North Jefferson Street
Green Bay, WI 54301

Re: GRAND BOULEVARD APARTMENTS

Dear Cheryl,

The purpose of this letter is to confirm our interest in pursuing a loan from the Green Bay Housing
Authority as gap financing for a new Workforce Development located on the newly constructed Grand
Boulevard in the city of Green Bay.

Pursuant to our recent discussions, this loan would fill a critical piece of financing to balance the
sources and uses for this project. The targeted demographic for this project would be workers from
area employers who would be earning between 80%-120% of county median income. This
demographic is referred to as the “missing middle”. Through a recent market study we have confirmed
that this “missing middle” demographic is in dire need of affordable workforce housing within the
Green Bay area. The amount of gap financing we are requesting is a loan for $350,000, which would
be payable at 3% interest per annum, over a 5-year term. No payments would be made on this loan
until we pay back the full amount of the loan plus accrued interest in 5 years. This loan would be
guaranteed by Gorman & Company, LLC.

My understanding is you will submit this request for financing to the Green Bay Housing Authority
Board in the first week of August for review and possible approval. Thank you for supporting the
growing need for workforce housing in Green Bay!

Sincerely,



Ted Matkom
Wisconsin Market President




 ATLANTA CHICAGO DENVER MADISON MILWAUKEE PHOENIX PORTLAND
 Loan Amortization Schedule
Lender Name Date
 Green Bay Housing Authority 7/30/2025

Borrower Name Remit to: GBHA
 100 N. Jefferson St, Room 608
 Grand Boulevard Appartments
 Green Bay, WI 54301
 Payment Scheduled Payment/Posting
 No. Date Pymt Amt Interest Principal Balance Date

 Beg. Bal 07/30/25 $ 350,000.00
 1 2026 $0.00 $ 10,500.00 $0.00 360,500.00
 2 2027 $0.00 $ 10,815.00 $0.00 371,315.00
 3 2028 $0.00 $ 11,139.45 $0.00 382,454.45
 4 2029 $0.00 $ 11,473.63 $0.00 393,928.08
 5 2030 $0.00 $ 11,817.84 $0.00 405,745.93
 Balloon Payment $405,745.93 $ 55,745.93 $350,000.00 (0.00)

 TOTALS $ 405,745.93 $ 55,745.93 $ 350,000.00




7/21/2025 7:27 AM Page 1 of 1 Grand Boulevard Payments
 Report to the
 Housing Authority
 of the City of Green Bay


 MEETING DATE PREPARED BY
 July 30, 2025

AGENDA ITEM # F.1
GBHA Bills.

BACKGROUND


RECOMMENDATION


FISCAL IMPACT


ATTACHMENTS
1. Check Report




 100 North Jefferson Street, Room 608, Green Bay, Wisconsin 54301-5026
 (p) 920.448.3400 (f) 920.448.3426  greenbaywi.gov
8:13 AM Green Bay Housing Authority
07/21/25 Check Detail
 June 2025

 Type Num Date Name Memo Account Paid Amount


Check 06/30/2025 Service Cha... 1111.01 · General ...

 Service Charge 4530.00 · Bank Fees -50.00

TOTAL -50.00


Bill Pmt -Check 7422 06/26/2025 CITY OF GREEN B... 1111.01 · General ...

Bill 970-12422 5/2025 05/31/2025 wages 4110.00 · Admin Sa... -5,823.21
 benefits 4182.00 · Employe... -2,166.09
Bill 970-12420 6/3/25 06/03/2025 buildium fees 1242.00 · Fees coll... -134.17
Bill 970-12422 6/2025 06/25/2025 Wages 4110.00 · Admin Sa... -5,785.98
 Benefits 4182.00 · Employe... -2,142.17
 wages 4110.00 · Admin Sa... -38.40
 Benefits 4182.00 · Employe... -14.92

TOTAL -16,104.94


Bill Pmt -Check 7423 06/26/2025 Floyd Powless SD refund 1111.01 · General ...

Bill SD refund 04/18/2022 SD refund - F... 2114.00 · Tenant S... -146.16
 Pet Dept refu... 2114.02 · Security ... -182.69
 Key Dept ref... 2114.02 · Security ... -51.15

TOTAL -380.00


Bill Pmt -Check 7424 06/26/2025 Lutheran Social S... Social worker 1111.01 · General ...

Bill 174697 05/31/2025 Social worker 4210.00 · Ten Ser-... -6,693.10

TOTAL -6,693.10




 Page 1
 Report to the
 Housing Authority
 of the City of Green Bay


 MEETING DATE PREPARED BY
 July 30, 2025

AGENDA ITEM # F.2
GBHA Financial Report.

BACKGROUND


RECOMMENDATION


FISCAL IMPACT


ATTACHMENTS
1. Monthly FS




 100 North Jefferson Street, Room 608, Green Bay, Wisconsin 54301-5026
 (p) 920.448.3400 (f) 920.448.3426  greenbaywi.gov
 Green Bay Housing Authority
 Budget vs. Actual
 Green Bay Housing Authority

 Jun-25
 COCC Mason Manor RevBonds TOTAL
 YTD Budget YTD Budget YTD Budget YTD Budget
 Total Income 417,050.78 165,888.00 37,551.21 3,000.00 178,646.24 173,844.53 633,248.23 342,732.53
 Total Expense 110,845.91 159,000.00 9,120.00 0.00 1,868.59 2,400.00 121,834.50 161,400.00


Net Income 306,204.87 6,888.00 28,431.21 3,000.00 176,777.65 171,444.53 511,413.73 181,332.53
 Green Bay Housing Authority
 Budget vs. Actual
 COCC
 YTD Budget $ Over Budget % of Budget
 Income
 2802.00 · Hud Contributions 0.00 62,808.00 -62,808.00 0.0%
 3510.00 · Management Fee Revenue 112,187.52 0.00 112,187.52 100.0%
 3610.00 · Int Income 201,589.82 3,000.00 198,589.82 6,719.66%
 3690.01 · Other Income - Ins Dividends 317.13 0.00 317.13 100.0%
 3690.02 · Other Income 102,956.31 100,080.00 2,876.31 102.87%
 3690.03 · Cell Tower Rent 0.00 0.00 0.00 0.0%
 9110.00 · Transfers In 0.00 0.00 0.00 0.0%
 Total Income 417,050.78 165,888.00 251,162.78 251.41%
 Expense
 4110.00 · Admin Salaries 69,878.55 78,500.00 -8,621.45 89.02%
 4130.00 · Legal Expense 0.00 2,000.00 -2,000.00 0.0%
 4140.00 · Staff Training 0.00 9,000.00 -9,000.00 0.0%
 4150.00 · Travel 60.40 200.00 -139.60 30.2%
 4171.00 · Auditing Fees 4,560.00 12,000.00 -7,440.00 38.0%
 4182.00 · Employee Benefits - Admin 24,792.68 29,500.00 -4,707.32 84.04%
 4190.01 · Printing 218.94 300.00 -81.06 72.98%
 4190.02 · Postage 39.15 200.00 -160.85 19.58%
 4190.03 · Paper & Office Supplies 196.26 900.00 -703.74 21.81%
 4190.04 · Publications 0.00 300.00 -300.00 0.0%
 4190.05 · Membership Dues & Fees 111.99 400.00 -288.01 28.0%
 4190.06 · Computer Support 2,998.73 7,000.00 -4,001.27 42.84%
 4190.10 · Miscellaneous 4,389.21 15,000.00 -10,610.79 29.26%
 4420.00 · Maint - Supplies 0.00 100.00 -100.00 0.0%
 4510.01 · Insurance Expenses - Liability 3,000.00 1,850.00 1,150.00 162.16%
 4530.00 · Bank Fees 600.00 1,100.00 -500.00 54.55%
 4800.00 · Depreciation Expense 0.00 650.00 -650.00 0.0%
 9120.00 · Transfers Out 0.00 0.00 0.00 0.0%
 Total Expense 110,845.91 159,000.00 -48,154.09 69.71%
Net Income/(Loss) 306,204.87 6,888.00 299,316.87 4,445.48%
 Green Bay Housing Authority
 Budget vs. Actual
 Mason Manor
 YTD Budget $ Over Budget % of Budget
 Income
 2802.00 · Hud Contributions 363.00 0.00 363.00 100.0%
 3510.00 · Management Fee Revenue 0.00 0.00 0.00 0.0%
 3610.00 · Int Income 0.00 3,000.00 -3,000.00 0.0%
 3690.01 · Other Income - Ins Dividends 37,188.21 0.00 37,188.21 100.0%
 3690.02 · Other Income 0.00 0.00 0.00 0.0%
 3690.03 · Cell Tower Rent 0.00 0.00 0.00 0.0%
 9110.00 · Transfers In 0.00 0.00 0.00 0.0%
 Total Income 37,551.21 3,000.00 34,551.21 1,251.71%
 Expense
 4110.00 · Admin Salaries 0.00 0.00 0.00 0.0%
 4130.00 · Legal Expense 0.00 0.00 0.00 0.0%
 4140.00 · Staff Training 0.00 0.00 0.00 0.0%
 4150.00 · Travel 0.00 0.00 0.00 0.0%
 4171.00 · Auditing Fees 9,120.00 0.00 9,120.00 100.0%
 4182.00 · Employee Benefits - Admin 0.00 0.00 0.00 0.0%
 4190.01 · Printing 0.00 0.00 0.00 0.0%
 4190.02 · Postage 0.00 0.00 0.00 0.0%
 4190.03 · Paper & Office Supplies 0.00 0.00 0.00 0.0%
 4190.04 · Publications 0.00 0.00 0.00 0.0%
 4190.05 · Membership Dues & Fees 0.00 0.00 0.00 0.0%
 4190.06 · Computer Support 0.00 0.00 0.00 0.0%
 4190.10 · Miscellaneous 0.00 0.00 0.00 0.0%
 4420.00 · Maint - Supplies 0.00 0.00 0.00 0.0%
 4510.01 · Insurance Expenses - Liability 0.00 0.00 0.00 0.0%
 4530.00 · Bank Fees 0.00 0.00 0.00 0.0%
 4800.00 · Depreciation Expense 0.00 0.00 0.00 0.0%
 9120.00 · Transfers Out 0.00 0.00 0.00 0.0%
 Total Expense 9,120.00 0.00 9,120.00 100.0%
Net Income/(Loss) 28,431.21 3,000.00 25,431.21 947.71%
 Green Bay Housing Authority
 Budget vs. Actual
 RevBonds
 YTD Budget $ Over Budget % of Budget
 Income
 2802.00 · Hud Contributions 0.00 0.00 0.00 0.0%
 3510.00 · Management Fee Revenue 0.00 0.00 0.00 0.0%
 3610.00 · Int Income 0.00 5,000.00 -5,000.00 0.0%
 3690.01 · Other Income - Ins Dividends 0.00 0.00 0.00 0.0%
 3690.02 · Other Income 73,976.26 63,091.84 10,884.42 117.25%
 3690.03 · Cell Tower Rent 104,669.98 105,752.69 -1,082.71 98.98%
 9110.00 · Transfers In 0.00 0.00 0.00 0.0%
 Total Income 178,646.24 173,844.53 4,801.71 102.76%
 Expense
 4110.00 · Admin Salaries 57.13 550.00 -492.87 10.39%
 4130.00 · Legal Expense 589.20 0.00 589.20 100.0%
 4140.00 · Staff Training 0.00 0.00 0.00 0.0%
 4150.00 · Travel 0.00 0.00 0.00 0.0%
 4171.00 · Auditing Fees 1,200.00 600.00 600.00 200.0%
 4182.00 · Employee Benefits - Admin 22.26 250.00 -227.74 8.9%
 4190.01 · Printing 0.00 0.00 0.00 0.0%
 4190.02 · Postage 0.00 0.00 0.00 0.0%
 4190.03 · Paper & Office Supplies 0.00 0.00 0.00 0.0%
 4190.04 · Publications 0.00 0.00 0.00 0.0%
 4190.05 · Membership Dues & Fees 0.00 0.00 0.00 0.0%
 4190.06 · Computer Support 0.00 0.00 0.00 0.0%
 4190.10 · Miscellaneous 0.00 1,000.00 -1,000.00 0.0%
 4420.00 · Maint - Supplies 0.00 0.00 0.00 0.0%
 4510.01 · Insurance Expenses - Liability 0.00 0.00 0.00 0.0%
 4530.00 · Bank Fees 0.00 0.00 0.00 0.0%
 4800.00 · Depreciation Expense 0.00 0.00 0.00 0.0%
 9120.00 · Transfers Out 0.00 0.00 0.00 0.0%
 Total Expense 1,868.59 2,400.00 -531.41 77.86%
Net Income/(Loss) 176,777.65 171,444.53 5,333.12 103.11%
 Green Bay Housing Authority
 Budget vs. Actual
 TOTAL
 YTD Budget $ Over Budget % of Budget
 Income
 2802.00 · Hud Contributions 363.00 62,808.00 -62,445.00 0.58%
 3510.00 · Management Fee Revenue 112,187.52 0.00 112,187.52 100.0%
 3610.00 · Int Income 201,589.82 11,000.00 190,589.82 1,832.64%
 3690.01 · Other Income - Ins Dividends 37,505.34 0.00 37,505.34 100.0%
 3690.02 · Other Income 176,932.57 163,171.84 13,760.73 108.43%
 3690.03 · Cell Tower Rent 104,669.98 105,752.69 -1,082.71 98.98%
 9110.00 · Transfers In 0.00 0.00 0.00 0.0%
 Total Income 633,248.23 342,732.53 290,515.70 184.77%
 Expense
 4110.00 · Admin Salaries 69,935.68 79,050.00 -9,114.32 88.47%
 4130.00 · Legal Expense 589.20 2,000.00 -1,410.80 29.46%
 4140.00 · Staff Training 0.00 9,000.00 -9,000.00 0.0%
 4150.00 · Travel 60.40 200.00 -139.60 30.2%
 4171.00 · Auditing Fees 14,880.00 12,600.00 2,280.00 118.1%
 4182.00 · Employee Benefits - Admin 24,814.94 29,750.00 -4,935.06 83.41%
 4190.01 · Printing 218.94 300.00 -81.06 72.98%
 4190.02 · Postage 39.15 200.00 -160.85 19.58%
 4190.03 · Paper & Office Supplies 196.26 900.00 -703.74 21.81%
 4190.04 · Publications 0.00 300.00 -300.00 0.0%
 4190.05 · Membership Dues & Fees 111.99 400.00 -288.01 28.0%
 4190.06 · Computer Support 2,998.73 7,000.00 -4,001.27 42.84%
 4190.10 · Miscellaneous 4,389.21 16,000.00 -11,610.79 27.43%
 4420.00 · Maint - Supplies 0.00 100.00 -100.00 0.0%
 4510.01 · Insurance Expenses - Liability 3,000.00 1,850.00 1,150.00 162.16%
 4530.00 · Bank Fees 600.00 1,100.00 -500.00 54.55%
 4800.00 · Depreciation Expense 0.00 650.00 -650.00 0.0%
 9120.00 · Transfers Out 0.00 0.00 0.00 0.0%
 Total Expense 121,834.50 161,400.00 -39,565.50 75.49%
Net Income/(Loss) 511,413.73 181,332.53 330,081.20 282.03%
 Report to the
 Housing Authority
 of the City of Green Bay


 MEETING DATE PREPARED BY
 July 30, 2025

AGENDA ITEM # F.3
Director's Report.

BACKGROUND


RECOMMENDATION


FISCAL IMPACT


ATTACHMENTS
None




 100 North Jefferson Street, Room 608, Green Bay, Wisconsin 54301-5026
 (p) 920.448.3400 (f) 920.448.3426  greenbaywi.gov
 Report to the
 Housing Authority
 of the City of Green Bay


 MEETING DATE PREPARED BY
 July 30, 2025

AGENDA ITEM # F.4
Occupancy Report.

BACKGROUND


RECOMMENDATION


FISCAL IMPACT


ATTACHMENTS
None




 100 North Jefferson Street, Room 608, Green Bay, Wisconsin 54301-5026
 (p) 920.448.3400 (f) 920.448.3426  greenbaywi.gov

MINUTES OF THE
 GREEN BAY HOUSING AUTHORITY
 WEDNESDAY, JULY 30, 2025, 9:00 AM
 City Hall, Room 604 - The Harry Maier Room.
 Virtual attendance is also available via Zoom.


 A. ZOOM MEETING INFORMATION.

1. Join Zoom Meeting Online:
 https://us02web.zoom.us/j/81434999289?pwd=N0dlMGxWSS85SGswK2lZeGhZZUN0UT09

 Or call in by phone: +1 312 626 6799
 Meeting ID: 814 3499 9289
 Passcode: 483400

 If you wish to speak at this public meeting or leave a comment, please fill out the online
 Comment Form prior to the meeting. More detailed Zoom Instructions can be found online.




 B. ROLL CALL.

1. Members: William VandeCastle - Chair, Stephen Srubas - Vice Chair, Sandra Popp, Erin
 Edwards and Randy Scannell

 Meeting began 9:03AM
 Present: William VandeCastle-Chair, Stephen Srubas-Vice Chair, Sandra Popp, Erin Edwards
 and Randy Scannell, Absent:None, Excused:None

 C. APPROVAL OF THE AGENDA.

1. Approval of the agenda for the Wednesday, July 30, 2025, meeting of the Green Bay Housing
 Authority.

 Moved by Randy Scannell, seconded by Erin Edwards to approve the agenda for the July 30,
 2025, Special Meeting of the Green Bay Housing Authority. Motion carried. Yes-William
 VandeCastle, Stephen Srubas, Randy Scannell, Erin Edwards, Sandra Popp, No:None,
 Abstain:None

 D. APPROVAL OF MINUTES.

1. Approval of the minutes from the June 19, 2025, meeting of the Green Bay Housing
 Authority.

 Moved by Randy Scannell, seconded by Erin Edwards to approve the minutes for the June 19,
 2025, meeting of the Green Bay Housing Authority. Motion carried. Yes-William
 VandeCastle, Stephen Srubas, Randy Scannell, Erin Edwards, Sandra Popp, No:None,
 Abstain:None

 E. REGULAR BUSINESS.

1. Consideration with possible action on approval of a loan with Grand Boulevard Apartments,
 LLC for the development of 0 Grand Boulevard (Tax Parcel 23-243-1).

 The Authority may convene in closed session pursuant to Sections 19.85(1)(e), Wis. Stats.,
 for purposes of deliberating or negotiating the sale of public properties, investing of public
 funds or conducting other specified public business as necessary for competitive or
 bargaining reasons. The Authority may thereafter reconvene in open session pursuant to
 Section 19.85(2), Wis. Stats., to report the results of the closed session and consider the
 balance of the agenda.

 Moved by William VandeCastle, seconded by Erin Edwards to open the floor for the public
 to speak. Motion carried. Yes-William VandeCastle, Stephen Srubas, Randy Scannell, Erin
 Edwards, Sandra Popp, No:None, Abstain:None

 Cheryl Renier-Wigg speaks 9:05AM.
 Ted Matkom speaks 9:10AM.

 Moved by Randy Scannell, seconded by Erin Edwards to close the floor for the public to
 speak. Motion carried. Yes-William VandeCastle, Stephen Srubas, Randy Scannell, Erin
 Edwards, Sandra Popp, No:None, Abstain:None

 Moved by William VandeCastle, seconded by Erin Edwards to approve the loan with Grand
 Boulevard Apartments, LLC for the development of 0 Grand Boulevard (Tax Parcel 23-243-
 1). Motion carried. Yes-William VandeCastle, Stephen Srubas, Randy Scannell, Erin Edwards,
 Sandra Popp, No:None, Abstain:None
 F. INFORMATIONAL.

1. GBHA Bills.

 Stephanie Schmutzer presents the GBHA Bills. No action needed.

2. GBHA Financial Report.

 Stephanie Schmutzer presents the GBHA Bills. No action needed.

3. Next Meeting: Thursday, August 21, 2025.

 Cheryl Renier-Wigg presents the Director's Report. No action needed.

 Moved by Randy Scannell, seconded by William VandeCastle to open the floor for the public
 to speak. Motion carried. Yes-William VandeCastle, Stephen Srubas, Randy Scannell, Erin
 Edwards, Sandra Popp, No:None, Abstain:None

 Ted Matkom speaks 9:18AM.

 Moved by Randy Scannell, seconded by Erin Edwards to close the floor for the public to
 speak. Motion carried. Yes-William VandeCastle, Stephen Srubas, Randy Scannell, Erin
 Edwards, Sandra Popp, No:None, Abstain:None

 Jayme Valentine presents the Occupancy Report. No action needed.

 G. ADJOURNMENT.

1. Adjournment of the Wednesday, July 30, 2025, meeting of the Green Bay Housing Authority.

 Moved by Randy Scannell, seconded by Erin Edwards to adjourn the Wednesday, July 30,
 2025, Special Meeting of the Green Bay Housing Authority. Motion carried. Yes-William
 VandeCastle, Stephen Srubas, Randy Scannell, Erin Edwards, Sandra Popp, No:None,
 Abstain:None