2008-2009 Committee Descriptions

EXECUTIVE

• Meets Monday before Board Meeting of each month 7:00 – 9:00 p.m.
• Officers of Board comprise this committee
• Meets with Committee Chairpersons quarterly
• Serves as Personnel Committee
• Monitors bylaws, agency policies and long range plan implementation

HOUSING DEVELOPMENT

• Meets 2^nd Monday of every month from  5:00 – 6:00 p.m., tours projects on odd months
• Recommends and monitors development strategy including acquisitions and focus areas
• Reviews drawings, plans, etc.
• Monitors development progress
• Makes recommendations regarding sale prices

Housing Sub-Committee

·      Development Teams are formed for each tax credit project

·        Participates in all phases of project

ASSET MANAGEMENT

• Meets 3^rd Monday on odd months 4:00 – 5:00 p.m.
• Monitors Property Management Company relationship and activities
• Reviews financial reports for rental property
• Reviews inspections reports for rental property
• Conducts annual site visits of rental property
• Pays particular attention to rental property upkeep on an ongoing basis

LOAN

• Meets 3^rd Wednesday of each month 5:30 – 7:00 p.m.
• Reviews loan requests and recommends approval/denial
• Monitors loan performance, denials, delinquencies, budgets
• Test loan files and loans for adherence to policies
• Monitors and reviews policies for effectiveness
• Approves emergency loans

• Meets 3^rd Monday on even months at 5:00 p.m.
• Chaired by Treasurer
• Participates in preparation of annual budget
• Monitors agency, program and project budgets
• Serves as Investment Committee

YOUTH

• Meets every Monday at 3:30 pm
• Coordinates youth activities with the community organizer of the agency

FUND DEVELOPMENT

• Attend fundraising committee meetings as determined by committee Chair
• Plans annual and semi-annual fundraising events.

Would you like to get involved?

See How to get Involved

Or contact Shundrane Pritchett at spritchett@westelmwood.org and/or Mimi Tsiane at mtsiane@westelmwood.org

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