The purpose of the Knoxville Affordable Housing Fund Advisory Committee is to advise the director of Housing and Neighborhood Development regarding the administration of the Knoxville Affordable Housing Fund such that the fund addresses local priorities and reflects best practices concerning affordable housing.
In consultation with the director of housing and neighborhood development or the said director’s designee, the committee shall:
1. Provide recommendations to the director of housing and neighborhood development regarding the city’s annual action plan and fund priorities, income limits, and income goals;
2. Provide recommendations to the director of housing and neighborhood development regarding the fund’s rules and regulations;
3. Review the fund’s annual budget of administrative expenses; and
4. Review past fund disbursements and the impact thereof to inform the annual report.
APPOINTMENT OF COMMITTEE MEMBERS
The committee shall be composed of not less than five (5) and not more than eleven (11) members appointed by the mayor and confirmed by the council.
The mayor shall select appointees who possess an expertise or interest in issues related to affordable housing, including at least one (1) representative from the community of non-profit affordable housing developers and at least one (1) representative of the community of non-profit low income housing-related service providers operating in the Knoxville metropolitan statistical area.
TERMS
Appointments, except to fill vacancies, shall be for three (3) year terms. Vacancies occurring other than through the expiration of terms shall be filled for the remainder of the term of the vacating member in the same manner in which original appointments are required to be made. Terms are limited to two Consecutive Terms, then an one year break.
MEETINGS SCHEDULE
Committee meets quarterly.