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Housing & Redevelopment Authority - HRA-Packet-10-07-2026 Supporting Documents - 10/07/2026
OTTER TAIL COUNTY – MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY AGENDA Government Services Center, Otter Tail Lake Room 515 West Fir Avenue, Fergus Falls, MN October 7, 2026 | 12:45 pm Commissioners may participate in the meeting by interactive technology. 1. Call Meeting to Order and Roll Call – Chairperson 2. Oath of Office – HRA Commissioner Tracy Hendrickx 3. Approval of Agenda 4. Consent Agenda A. Regular Board Meeting Minutes, September 2, 2026 B. Housing Choice Voucher Rental Assistance Program for August 2026 C. Bring It Home Rental Assistance Program for August 2026 D. Housing Trust Fund for August 2026 E. Public Housing and Senior Housing for August 2026 F. Check Report and Financial Reports for August 2026 G. Resolution No. 341 Maintaining Passbook Savings Rate for all Housing Programs for Year 2027 H. Resolution No. 342 Adoption of 2027 FMR’s and Payment Standards 5. New Business A. Call for Special Meeting to Award Bid for Construction of Homes in Parkers Prairie 6. Old Business A. Resolution No. 343 Adoption of 2027 Rent and Security Deposit Rates for the Senior Affordable Housing Program 7. Discussion 8. Executive Director Report 9. General Discussion – Topics by Commissioners 10. Adjourn 1/41 2/41 The Otter Tail County HRA Board of Commissioners Met for a regular meeting on September 2, 2026 At the Otter Tail County Government Services Center 515 W Fir Ave, Fergus Falls, MN Board Members Present: Wayne Johnson, Chairperson Kurt Mortenson Leland Rogness, Vice Chairperson Virtual - Megan Myers Others Present: Amy Baldwin, OTC HRA Executive Director Tanya Westra, OTC HRA Housing Program Supervisor Aann Christopherson, OTC HRA Accountant Paula Grunewald, OTC HRA Administrative Assistant Tracy Hendrickx, Guest 1. CALL TO ORDER Chairperson Johnson called the meeting to order at 12:45 pm with introductions to Tracy Hendrickx. 2/3. APPROVAL OF AGENDA AND CONSENT AGENDA ITEMS Motion made by Leland Rogness, second by Kurt Mortenson to approve the September 2, 2026 Agenda and the Consent Agenda including the addition of 7B MN Housing Manufactured Home Community Redevelopment Program/Battle Lake Home Park for discussion. There were no other changes. Roll call vote was taken with Commissioners Wayne Johnson, Kurt Mortenson, Leland Rogness and Megan Myers voted yes. Motion passed unanimously. 4. PUBLIC HEARING Wayne Johnson opened the Public Hearing at 12:51 pm, in regard to the 2027 Annual Plan, 2027 Public Housing Capital Fund Plan, Definition of Significant Amendment, 2027 Public Housing Admissions and Continued Occupancy Plan and Lease Changes, and 2027 Housing Choice Voucher Administrative Plan. Notice was placed in Fergus Falls Daily Journal on July 11, 2026 with all documents available to the public for inspection during the 45-day comment period. Proposed changes have been viewed and discussed by Commissioners. No member of the public was present at the meeting to speak on the matter, and no communication had been received in writing. The hearing was closed at 12:52 pm. 5. NEW BUSINESS A. Resolution No. 339 Adoption of 2027 Annual Plan, 2027 Public Housing Capital Fund Plan, Definition of Significant Amendment, 2027 Public Housing Admissions and Continued Occupancy Plan and Lease Changes, and 2027 Housing Choice Voucher Administrative Plan 3/41 OTTERTAIL COU TY· MINNESOTA HOUSING AND REDEVELOPMENT AUTHORITY Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 218-998-8730 @ OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER @ ottertailcounty.gov LIVE YOUR best life HERE. Pg. 2 Amy Baldwin, HRA Executive Director, stated that documents were discussed at the July meeting and were included in the packet, Motion made by Kurt Mortenson, second by Leland Rogness to accept all components that have been identified here. Commissioner Johnson noted a typo on Exhibit C–remove the extra P. Roll call vote was taken with Commissioner’s Wayne Johnson, Kurt Mortenson, Leland Rogness and Megan Myers voting yes to approve with the removal of the letter P in Exhibit C. Motion passed unanimously. B. Submission of MN Housing Application - Bring It Home Application for Unserved Area Amy Baldwin, HRA Executive Director stated we began to administer the Bring It Home Program in July 2026. Wilkin County has been noted as an unserved area with allocation of approximately $30,000 annual funding which would serve 3-4 households. This would be a 2-year commitment. Otter Tail County has service agreements and contracts in place with Wilkin County to collaborate and maximize resources in areas including volunteer driver services, adult protection services, and Health and Human Services Director-level support. An application is due to MN Housing on September 16, 2026. A motion was made by Leland Rogness, second by Kurt Mortenson to apply for the Bring It Home for the Unserved Area in Wilkin County. Roll call vote was taken with Commissioner’s Wayne Johnson, Kurt Mortenson, Leland Rogness and Megan Myers voting yes. Motion passed unanimously. C. Submission of MN Housing Application – Lead Safe Homes Grant Amy Baldwin, HRA Executive Director stated MN Housing received a $4 million one-time appropriation through the Dustin Luke Shields Act to reduce lead hazards in owner-occupied and rental housing occupied by income-eligible households. The application is due at the end of September. Motion made by Leland Rogness, second by Kurt Mortenson to submit an application to MN Housing for the Lead Safe Homes Grant in an amount not to exceed $199,000. Roll call vote was taken with Commissioner’s Wayne Johnson, Kurt Mortenson, Leland Rogness and Megan Myers voting yes. Motion passed unanimously. 6. OLD BUSINESS A. Resolution No. 340 Authorizing Execution of Closing Documents for Property in Parkers Prairie and Issuance of Request for Proposals for Competitive Construction Proposals Amy Baldwin, HRA Executive Director stated, as directed in closed session at the August 5th board meeting, staff negotiated a purchase price for parcels owned by Revering Group LLC in Parkers Prairie, which resulted in a purchase price of $23,000 per lot plus 50% of closing costs. Staff is recommending issuing a Request for Proposals (RFP) for competitive construction bids of the homes to start later this year. Motion to execute the Closing Documents for the Parkers Prairie property and issuance of Request of Proposals for competitive construction proposals for three single family homes in Parkers Prairie made by Kurt Mortenson, second by Megan Myers. Roll call vote was taken with Commissioners Wayne Johnson, Kurt Mortenson, Leland Rogness and Megan Myers voting yes. Motion passed unanimously. A special meeting may need to be held in October to review the bids for procurement and award policy. Bids will be due 3 weeks after RFP has been published. 7. DISCUSSION A. Senior Affordable Housing 2027 Contract Rent Amy Baldwin, HRA Executive Director stated that an increase in rent for the Senior Affordable Housing in Dalton will begin in January 2027 to keep stability with our increasing operating costs. A 60-day notice 4/41 Pg. 3 to tenants is required under the terms of the lease. Discussion followed, with an action item to be placed on the October Board meeting agenda. B. MN Housing Manufactured Home Community Redevelopment Program/ Battle Lake Mobile Home Park Amy Baldwin, HRA Executive Director stated the owner of the Battle Lake Mobile Home Park is seeking funding to replace the park’s existing septic tanks and drain fields as they are failing and to ensure safe drinking water to their residents. The owner will be submitting an application to MN Housing and has asked for staff assistance to review their application prior to submission, as well as a letter of support from the HRA for the project. Motion made by Leland Rogness, second by Kurt Mortenson to write a letter of support for the Battle Lake Mobile Home Park. Roll call vote was taken with Commissioner’s Wayne Johnson, Kurt Mortenson, Leland Rogness and Megan Myers voting yes. Motion passed unanimously. 8. EXECUTIVE DIRECTOR REPORT Levy request to Commissioners was presented. Final budget will be completed and presented in November. Payment was received from The Lincoln. 9. GENERAL DISCUSSION – TOPICS BY COMMISSIONERS none 10. ADJOURNMENT At 1:54 pm a motion was unanimously carried to adjourn the meeting. ________________________________________________________ ___________________ Secretary/Clerk Date 5/41 8/31/2026 9/1/2026 Difference 31,274.30$ 31,783.49$ $509.19 65 64 -1 27,181.00$ 26,509.00$ *HAP Adjustment *Utility Adjustment *Portability Tranactions (Out)5,094.00$ 5,063.00$ *Portablilty Admin Fee (Paid)211.49$ 211.49$ (1,212.19)$ 8/1 9/1 New Admissions/Port In 1 End Participation 2 Port Out ( Absorbed)0 Vouchers Issued 0 0 Current HCV Participant Ports-Out Paid 4 4 Ports Out Pending 0 0 Ports In Pending 1 0 8/31/2026 Waiting List/To Date 168 Applications in Progress 27 Vouchers issued 3 From Waitlist & Port In ELI%83%YTD Monthly Trend Report*Units Available Units Leased Leasing %Budget %Per Unit $ March 2026 144 72 51.2% 86.0% 509.48$ April 2026 144 72 50.9% 85.4% 506.16$ May 2026 144 71 50.6% 84.1% 486.74$ June 2026 144 68 50.0% 83.2% 506.44$ July 2026 144 67 49.6% 82.5% 471.72$ August 2026 144 65 49.0% 81.1% 480.72$ *Leasing % and Budget % based on cumulative activity during calendar year Per Unit $ is rolling three month average *Portability Utility Reimbursement Portability Adjustments OTC Section 8 Housing Choice Voucher Rental Assistance Program Summary of Actions August 31, 2026 Program Total Financial Transaction Paid This Month* UML (Unit Months Leased or # of Households) *HAP & Utility Reimbursement Payments 6/41 &, OTTE:R 'TAIL ~, COUNTY -MINNESOTA 218-998-8730 ® HOUSINIG AND REDEVIEL.OPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Go,v,etn men,t Services Center 500 Wes:t Fir Avenue Fergus Falls, MN 56537 @ ottertailcounty.gov 8/31/2026 9/1/2026 Difference 1,371.00$ 1,371.00$ $0.00 2 2 0 HAP Transactions 1,371.00$ Utility Reimbursements HAP Adjustment Utility Adjustment 8/31 9/1 New Admissions 0 End Participation 0 Shop Mode/ARS 0 6/30/2026 Waiting List/To Date 12 Applications in Progress 1 Vouchers "On the Street"1 Hold Landlord Transaction OTC Bring It Home Rental Assistance Program Summary of Actions August 31,2026 Program Total Financial Transaction Paid This Month UML (Unit Months Leased or # of Households) 7/41 &, OTTE:R 'TAIL ~, COUNTY -MINNESOTA 218-998-8730 ® HOUSINIG AND REDEVIEL.OPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Go,v,etn men,t Services Center 500 Wes:t Fir Avenue Fergus Falls, MN 56537 @ ottertailcounty.gov HOUSING TRUST FUND PROGRAMS (HTF) BOARD REPORT August 2026 Program Applications Approved Applications Denied Inspections Conducted Proceed to Work Issued Projects Complete Goal Program End Date Housing Trust Fund Emergency Home Repair Program (EHRP) 2 0 2 2 2 On-Going Down Payment Assistance (DPA) 4 1 N/A N/A 4 On-Going Rent Rehab – RR 0 0 0 0 0 On-Going Affordable Rental Unit Construction - ARUC 1 0 1 1 0 On-Going Residential Owner- Occupied Leverage (ROHL) 4 0 4 4 1 PELICAN RAPIDS 09/30/2027 SCDP: Commercial 6 1 6 1 10 SCDP: Homeowner 14 1 14 9 4 17 8/41 218-998-8730 @ HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 (!) EOU/\L HOUSING OPPORTUNITY @ ottertailcounty.gov PUBLIC HOUSING BOARD REPORT August 2026 Rents Payable $ 6,296.00 Rents Collected $ 5,968.00 Total Negative Rents $ 0 Negative Rents Paid $ 0 Late Fees Charged $ 172.00 Late Fees Collected $ 172.00 Number of Units Paying Flat Rent 2 Fiscal Year ELI WAITING LIST as of 9/24/2026 Community 2 Bedroom 3 Bedroom 4 Bedroom Pelican Rapids 10 20 N/A Underwood 6 4 0 Henning 3 0 0 New York Mills 13 13 0 VACANCIES UNIT VACATED LEASE SIGNED *206 Holden, Henning *Move out 6/30/26 *new lease signed 8/28/26 9/41 218-998-8730 ® HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 G:r EOUJ\L HOUSING OPPORTUNITY @ ottertailcounty.gov AFFORDABLE SENIOR HOUSING BOARD REPORT August 2026 Rents Payable $ 5,300.00 Rents Collected $ 5,300.00 Late Fees $ 0.00 Late Fees Collected $ WAITING LIST as of 9/24/2026 Community 1 Bedroom 2 Bedroom Dalton 8 VACANCIES UNIT VACATED LEASE SIGNED 3 10/41 218-998-8730 ® HOUSING AND REDEVELOPMENT AUTHORITY OTTER TAIL COUNTY IS AN EQUAL OPPORTUNITY EMPLOYER Government Services Center 500 West Fir Avenue Fergus Falls, MN 56537 (!) EOUI\L HOUSING OPPORTUNITY @ ottertailcounty.gov Doc Num Voided Type 221 No DD 222 No DD 223 No DD 224 No DD 225 No DD 1740 No CHK 1741 No CHK 1742 No CHK 1743 No CHK 1744 No CHK 1745 No CHK 1746 Yes CHK 1746 No VD 1747 Yes CHK 1747 No VD 1748 Yes CHK 1748 No VD 1749 Yes CHK 1749 No VD 1750 Yes CHK 1750 No VD 1751 Yes CHK 1751 No VD 1752 Yes CHK 1752 No VD 1753 Yes CHK 1753 No VD 1754 No CHK 1755 No CHK 1756 No CHK 1757 No CHK 1758 No CHK 1759 No CHK 1760 No CHK 1761 No CHK Project Summary Program - Project Payments Deposits General Revolving (GR) - $123,683.19 $0.00 Total:$123,683.19 $0.00 Cleared: 33 $82,883.19 Uncleared: 2 $40,800.00 Total Payments: 35 $123,683.19 08/21/2026 Diaz Recording Fee Yes $46.00 08/21/2026 Payroll services, postage, Yes $54,246.57 08/21/2026 EHRP2026-01(Baune)No $12,150.00 08/21/2026 EHRP2026-02 Recording Fee Yes $46.00 08/21/2026 O & E Report Yes $285.00 08/21/2026 EHRP2026-02 Yes $3,544.00 08/21/2026 SCDP-Corbo No $28,650.00 08/21/2026 Consulting fees Yes $1,606.50 08/21/2026 Payroll services, postage, Yes $54,246.57 08/21/2026 Check printed wrong Yes ($54,246.57) 08/21/2026 Diaz Recording Fee Yes $46.00 08/21/2026 Check printed wrong Yes ($46.00) 08/21/2026 EHRP2026-02 Recording Fee Yes $46.00 08/21/2026 Check printed wrong Yes ($46.00) 08/21/2026 EHRP2026-01(Baune)Yes $12,150.00 08/21/2026 Check printed wrong Yes ($12,150.00) 08/21/2026 EHRP2026-02 Yes $3,544.00 08/21/2026 Check printed wrong Yes ($3,544.00) 08/21/2026 O & E Report Yes $285.00 08/21/2026 Check printed wrong Yes ($285.00) 08/21/2026 Consulting fees Yes $1,606.50 08/21/2026 Check printed wrong Yes ($1,606.50) 08/21/2026 SCDP-Corbo Yes $28,650.00 08/21/2026 Check printed wrong Yes ($28,650.00) 08/10/2026 HTF-EHRP O&E report Yes $95.00 08/10/2026 2025 Worker's Comp Yes $7,155.20 08/10/2026 CDM subscription July2026-Yes $8,000.00 08/10/2026 Asbestos sample analysis Yes $321.60 08/04/2026 HTF-DPA-2026-04 Yes $5,000.00 08/10/2026 REAC Prep & submission, Audit Yes $2,100.00 08/21/2026 Per Diem/Mileage Yes $75.00 08/21/2026 Per Diem/Mileage Yes $106.16 08/21/2026 Per Diem/Mileage Yes $94.76 08/21/2026 Per Diem/Mileage Yes $78.04 Payment Document Description Cleared Amount 08/21/2026 Per Diem/Mileage Yes $83.36 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register General Revolving (GR) Posted Payments www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 2 9/9/2026 10:11:31 AM Printed by: Aann Christopherson 11/41 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register General Revolving (GR) End of Report Total:35 $123,683.19 Vendor Accounting Void 8 ($100,574.07) Vendor Accounting Total 35 $123,683.19 Transaction Type Summary Transaction Type Count Amount Vendor Accounting - 27 $224,257.26 Total:35 $123,683.19 Check (CHK)22 $223,819.94 Void Payment (VD)8 ($100,574.07) Count Amount Direct Deposit (DD)5 $437.32 Document Type Summary Document Type www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 2 of 2 9/9/2026 10:11:31 AM Printed by: Aann Christopherson 12/41 67% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3610 Interest Income 3703/5353/3741/0054 3,422.71 8,164.95 8,000.00 164.95 102% 3690.01 SCDP Administration (DEED) - All Communities 20,744.65 22,370.20 67,500.00 (45,129.80)33% 3690.02 SCDP City/Grant Funds - All Communities 138,297.67 149,134.67 450,000.00 (300,865.33)33% 3691 Levy Revenue 899,323.56 1,610,431.00 (711,107.44)56% 3693.03 CHIP FFHRA Rehab Repayments 702.20 702.20 3693.05 CHIP Rental Rehab Revolving Loan Payments 845.67 9,664.39 9,800.00 (135.61)99% 3694 HTF Contributions 75,000.00 (75,000.00)0% 3697 Owner Match Revenue 411.00 3,000.00 (2,589.00)14% TOTAL INCOME 163,310.70 1,089,770.97 2,223,731.00 (1,133,960.03)49% EXPENSES 4130 Legal 1,606.50 2,340.00 20,000.00 17,660.00 12% 4140 Staff Training 1,122.28 6,000.00 4,877.72 19% 4150 Travel 76.45 500.00 423.55 15% 4170 Accounting 30,000.00 30,000.00 100% 4171 Audit 2,100.00 20,902.50 20,750.00 (152.50)101% 4190 Other Administrative Expenses 711.55 5,000.00 4,288.45 14% 4190.01 Manuals, Subscriptions 1,000.00 1,000.00 0% 4190.02 Office Supplies 95.32 624.59 1,700.00 1,075.41 37% 4190.03 Postage 326.52 1,931.93 2,500.00 568.07 77% 4190.05 Dues 993.48 1,500.00 506.52 66% 4190.06 Advertising 286.58 2,000.00 1,713.42 14% 4190.08 Consulting Fees 46.20 1,858.50 40,000.00 38,141.50 5% 4190.2 Management Fees-OTC Admin 47,704.05 300,913.99 643,985.00 343,071.01 47% 4210 Board Member Payments 437.32 2,833.62 5,000.00 2,166.38 57% 4420 Maintenance - Materials 438.49 (438.49) 4430.1 Misc Contracts - Software 8,000.00 15,756.00 12,500.00 (3,256.00)126% 4510 Insurance 33,331.78 53,000.00 19,668.22 63% 4570 Housing Choice Voucher Payroll Operating Support 5,949.00 34,863.49 (34,863.49) 4570.1 Housing Choice Voucher Program Support 30,000.00 30,000.00 0% 4580 Public Housing Payroll Operating Support 7,280.68 25,558.56 (25,558.56) 4580.1 Public Housing Program Support 20,000.00 20,000.00 0% 4590.01 SCDP O & E Reports 285.00 1,425.00 1,140.00 20% 4590.02 SCDP Lead Based Paint Testing 2,425.00 10,000.00 7,575.00 24% 4590.03 SCDP Construction (DEED)25,237.00 160,627.84 439,310.00 278,682.16 37% 4590.04 SCDP Recording Fees 92.00 690.00 598.00 13% 4592.01 HOP Demolition/Site Clearance 321.60 321.60 45,000.00 44,678.40 1% 4593.02 CAP Property Acquisition 285.00 835.00 25,000.00 24,165.00 3% 4593.03 CAP Consulting Fees 5,000.00 5,000.00 0% 4593.04 CAP Architect/Engineering 5,000.00 5,000.00 0% 4593.05 CAP Legal Fees 5,000.00 5,000.00 0% 4597.01 County Assistance Repay Principal (BUDGET USE ONLY 35,326.00 35,326.00 0% 4597.02 County Assistance Repay Interest-N Fields Dalton (2,037.21)15,128.00 17,165.21 -13% 4598 Owner Match Expense 10,970.65 3,000.00 (7,970.65)366% 4694 Housing Trust Fund 375,000.00 375,000.00 0% 4694.01 HTF Down Payment Assistance (DPA)5,000.00 43,700.00 (43,700.00) 4694.02 HTF Emerg Housing Repair Program (EHRP) Repayment 15,835.00 15,930.00 (15,930.00) 4694.03 HTF Res Owner Occup Housing Lev (ROHL) Repayment 3,459.00 3,554.00 (3,554.00) 4694.04 HTF Affordable Rental Unit Constr (ARUC) Repayment 165,046.00 (165,046.00) TOTAL EXPENSES 123,683.19 876,293.67 1,860,314.00 984,020.33 47% Otter Tail County Housing Redevelopment Authority Operating Statement Eight Months Ending 08/31/2026 Program: General Revolving (GR) Project: Consolidated Percent of the Year www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 2 9/9/2026 9:58:49 AM Printed by: Aann Christopherson 13/41 SURPLUS 39,627.51 213,477.30 363,417.00 (149,939.70)59% www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 2 of 2 9/9/2026 9:58:49 AM Printed by: Aann Christopherson 14/41 Period Amount Balance ASSETS 1111 Cash 35,529.16 3,247,275.77 1111.1 Certificates of Deposit 3,252.56 160,996.91 1111.4 Committed for Housing Trust Fund 769,935.00 1113 Cash Rental Rehab 845.79 14,679.81 1130.1 Loan Receivable-Rental Rehab 34,282.49 1130.2 Loan Receivable-Down Payment Assistance 271,064.00 1130.3 Loan Receivable-Tax Levy Rehab Provision 146,608.73 1130.4 Loan Receivable-Homeowner Rehab 11,391.19 1130.9 Loan Allowance (157,999.92) 1400.6 Land 26,400.00 TOTAL ASSETS 39,627.51 4,524,633.98 LIABILITIES AND SURPLUS LIABILITIES 2130.1 OTC Long-Term Loan 756,412.33 2250 Prepaid Expenses (14,977.35) TOTAL LIABILITIES 741,434.98 SURPLUS 2700 Income/Expense Clearing Account 344,167.99 2700 Income/Expense Clearing Account (Current Year) 2,037.21 2806 Unrestricted Net Position 3,225,553.71 2806 Unrestricted Net Position (Current Year) 39,627.51 211,440.09 TOTAL SURPLUS 39,627.51 3,783,199.00 TOTAL LIABILITIES AND SURPLUS 39,627.51 4,524,633.98 Otter Tail County Housing Redevelopment Authority Balance Sheet August 2026 Program: General Revolving (GR) Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 9/9/2026 9:58:48 AM Printed by: Aann Christopherson 15/41 Doc Num Voided Type 1994 No DD 1995 No DD 1996 No DD 1997 No DD 1998 No DD 1999 No DD 2000 No DD 2001 No DD 2002 No DD 2003 No DD 2004 No DD 2005 No DD 2006 No DD 2007 No DD 2008 No DD 2009 No DD 2010 No DD 2011 No DD 2012 No DD 2013 No DD 2014 No DD 2015 No DD 2016 No DD 2017 No DD 2018 No DD 2019 No DD 2020 No DD 2021 No DD 2022 No DD 2023 No DD 2024 No DD 2025 No DD 2026 No DD 2027 No DD 6963 No VD 6969 No CHK 08/21/2026 Port Out returned EOP 6/30/2026 Yes ($1,212.19) 08/01/2026 HAP Payment Aug 26 Yes $305.00 08/01/2026 HAP Payment Aug 26 Yes $372.00 08/01/2026 Port Out Payment Aug 26 Yes $1,183.19 08/01/2026 HAP Payment Aug 26 Yes $333.00 08/01/2026 HAP Payment Aug 26 Yes $265.00 08/01/2026 HAP Payment Aug 26 Yes $497.00 08/01/2026 HAP Payment Aug 26 Yes $460.00 08/01/2026 HAP Payment Aug 26 Yes $335.00 08/01/2026 HAP Payment Aug 26 Yes $496.00 08/01/2026 HAP Payment Aug 26 Yes $507.00 08/01/2026 HAP Payment Aug 26 Yes $795.00 08/01/2026 HAP Payment Aug 26 Yes $931.00 08/01/2026 HAP Payment Aug 26 Yes $396.00 08/01/2026 HAP Payment Aug 26 Yes $427.00 08/01/2026 HAP Payment Aug 26 Yes $349.00 08/01/2026 HAP Payment Aug 26 Yes $1,575.00 08/01/2026 HAP Payment Aug 26 Yes $1,664.00 08/01/2026 HAP Payment Aug 26 Yes $650.00 08/01/2026 HAP Payment Aug 26 Yes $377.00 08/01/2026 HAP Payment Aug 26 Yes $1,052.00 08/01/2026 HAP Payment Aug 26 Yes $1,137.00 08/01/2026 HAP Payment Aug 26 Yes $431.00 08/01/2026 HAP Payment Aug 26 Yes $589.00 08/01/2026 HAP Payment Aug 26 Yes $399.00 08/01/2026 HAP Payment Aug 26 Yes $269.00 08/01/2026 HAP Payment Aug 26 Yes $453.00 08/01/2026 HAP Payment Aug 26 Yes $1,427.00 08/01/2026 HAP Payment Aug 26 Yes $400.00 08/01/2026 HAP Payment Aug 26 Yes $4,351.00 08/01/2026 HAP Payment Aug 26 Yes $820.00 08/01/2026 HAP Payment Aug 26 Yes $494.00 08/01/2026 HAP Payment Aug 26 Yes $381.00 08/01/2026 HAP Payment Aug 26 Yes $700.00 08/01/2026 HAP Payment Aug 26 Yes $504.00 08/01/2026 HAP Payment Aug 26 Yes $1,057.00 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers Posted Payments Payment Date Document Description Cleared Amount www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 5 9/9/2026 2:35:02 PM Printed by: Kendra Huseth 16/41 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers 6970 No CHK 6971 No CHK 6972 No CHK 6973 No CHK 6974 No CHK 6975 No CHK 6976 No CHK 6977 No CHK 6978 No CHK 6979 No CHK 6980 No CHK 6981 No CHK 6982 No CHK 6983 No CHK 6984 No CHK 6985 No CHK Cleared: 49 $33,286.30 Uncleared: 3 $106.92 08/21/2026 Mileage No $88.92 08/21/2026 Payroll services (HCV)Yes $1,730.00 08/01/2026 Port Out Payment Aug 26 Yes $1,769.92 08/21/2026 Nan Mckay HOTMA training Yes $300.00 08/01/2026 Port Out Payment Aug 26 Yes $1,394.19 08/01/2026 Port Out Payment Aug 26 Yes $958.19 08/01/2026 HAP Util Payment Aug 26 Yes $40.00 08/01/2026 HAP Util Payment Aug 26 Yes $138.00 08/01/2026 HAP Util Payment Aug 26 No $12.00 08/01/2026 HAP Util Payment Aug 26 Yes $61.00 08/01/2026 HAP Util Payment Aug 26 Yes $100.00 08/01/2026 HAP Util Payment Aug 26 No $6.00 08/01/2026 HAP Payment Aug 26 Yes $621.00 08/01/2026 HAP Payment Aug 26 Yes $274.00 08/01/2026 HAP Payment Aug 26 Yes $396.00 08/01/2026 HAP Payment Aug 26 Yes $335.00 www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 2 of 5 9/9/2026 2:35:02 PM Printed by: Kendra Huseth 17/41 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers Doc Num Voided Type 28610 No CHK Doc Num Voided Type Check No ADJ $105.80 Project Summary Bank: FM Bank, Bank Account: Last Four 0062, GL Program - Project Payments Deposits Housing Choice Vouchers - Housing $32,181.03 $105.80 Total:$32,181.03 Cleared: 0 $0.00 Uncleared: 1 ($1,212.19) Total Deposits: 1 ($1,212.19) Unposted Payments Payment Date Document Description Cleared Amount 08/18/2026 EOP 06/30/2026 No ($1,212.19) Cleared: 1 $105.80 Uncleared: 0 $0.00 Total Deposits: 1 $105.80 Posted Deposits Control Date Document Description Cleared Amount 08/12/2026 Payment - Check/Yes $105.80 Total Payments: 52 $33,393.22 www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 3 of 5 9/9/2026 2:35:02 PM Printed by: Kendra Huseth 18/41 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers HAP Accounting Total 44 $27,181.00 HAP Accounting - Payment Made 44 $27,181.00 Port/Sub Out - Void 1 ($1,212.19) Portability/Subsidy Out Total 6 $2,881.11 Port/Sub Out - Adj to HAP 1 ($1,159.00) Port/Sub Out - Payment Made 4 $5,305.49 Transaction Type Summary Bank: FM Bank, Bank Account: Last Four 0062, GL Transaction Type Count Amount Port/Sub Out - Adj to Administration Fee 1 ($53.19) Total:54 $32,286.83 Check (CHK)18 $8,635.02 Portability Tenant Adjustment (ADJ) 1 ($1,212.19) Direct Deposit (DD)34 $26,076.19 Void Payment (VD)1 ($1,212.19) Document Type Summary Bank: FM Bank, Bank Account: Last Four 0062, GL Document Type Count Amount www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 4 of 5 9/9/2026 2:35:02 PM Printed by: Kendra Huseth 19/41 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Housing Choice Vouchers End of Report Total:54 $32,286.83 Tenant Accounts Receivable Total 1 $105.80 Tenant Accounting - Payment Received 1 $105.80 Vendor Accounting - Payment 3 $2,118.92 Vendor Accounting Total 3 $2,118.92 www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 5 of 5 9/9/2026 2:35:02 PM Printed by: Kendra Huseth 20/41 Percent of Year 67% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Dwelling Rent HAP Repayment 4,713.00 4,713.00 3301 Admin Subsidy 27,767.00 65,000.00 (37,233.00)43% 3301.1 HAP Subsidy 33,478.00 236,588.00 515,000.00 (278,412.00)46% 3450.2 Revenue Recapture 3,552.48 3,552.48 3610 Investment Income (0062) 1.94 33.51 33.51 3690 Other Revenue MISC 105.00 105.00 3690.1 Other Revenue HAP 30,000.00 (30,000.00)0% TOTAL INCOME 33,479.94 272,758.99 610,000.00 (337,241.01)45% EXPENSES 4130 Legal 3,594.00 (3,594.00) 4140 Staff Training 300.00 389.50 4,400.00 4,010.50 9% 4150 Travel 88.92 136.78 250.00 113.22 55% 4190 Other Admin Expenses (Apps, Service Charges) 11.00 223.93 400.00 176.07 56% 4190.01 Manuals, Subscriptions 3,478.00 8,500.00 5,022.00 41% 4190.08 Consulting Fees 2,376.25 1,500.00 (876.25)158% 4190.2 Management Fees-OTC 1,730.00 21,801.46 47,000.00 25,198.54 46% 4715.1 HAP Occupied Units 27,181.00 237,656.00 455,000.00 217,344.00 52% 4715.P HAP-Portability Out 5,094.00 45,226.00 60,000.00 14,774.00 75% 4716.P Port Out Admin Fee 211.49 1,856.38 2,400.00 543.62 77% TOTAL EXPENSES 34,616.41 316,738.30 579,450.00 262,711.70 55% SURPLUS (1,136.47) (43,979.31) 30,550.00 (74,529.31)-144% Otter Tail County Housing Redevelopment Authority Operating Statement Eight Months Ending 08/31/2026 Program: Housing Choice Vouchers Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 9/9/2026 2:11:52 PM Printed by: Kendra Huseth 21/41 Period Amount Balance ASSETS 1111 Cash Unrestricted (1,030.67)72,196.28 1121 Fraud A/R (105.80)3,280.00 1121.1 Fraud Recovery - Allowance (3,457.19) TOTAL ASSETS (1,136.47)72,019.09 LIABILITIES AND SURPLUS LIABILITIES 2112 A/P HAP 4,488.00 TOTAL LIABILITIES 4,488.00 SURPLUS 2700 Inc & Exp Clearing (19,614.50) 2700 Inc & Exp Clearing (Current Year) 3,552.48 2805 Restricted Net Position 63,141.74 2805 Restricted Net Position (Current Year) 1,203.00 (46,294.00) 2806 Unrestricted Position 67,983.16 2806 Unrestricted Position (Current Year) (2,339.47)(1,237.79) TOTAL SURPLUS (1,136.47)67,531.09 TOTAL LIABILITIES AND SURPLUS (1,136.47)72,019.09 Otter Tail County Housing Redevelopment Authority Balance Sheet August 2026 Program: Housing Choice Vouchers Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 9/9/2026 2:11:51 PM Printed by: Kendra Huseth 22/41 Doc Num Voided Type 218 No DD 219 No DD 220 No DD End of Report Total:3 $1,371.00 HAP Accounting Total 3 $1,371.00 Transaction Type Summary Transaction Type Count Amount HAP Accounting - 3 $1,371.00 Total:3 $1,371.00 Count Amount Direct Deposit (DD)3 $1,371.00 Project Summary Program - Project Payments Deposits Bring It Home - Bring It $1,371.00 $0.00 Total:$1,371.00 $0.00 Document Type Summary Document Type Cleared: 3 $1,371.00 Uncleared: 0 $0.00 Total Payments: 3 $1,371.00 08/01/2026 HAP Payment Aug 26 Yes $621.00 08/01/2026 HAP Payment Aug 26 Yes $50.00 Payment Document Description Cleared Amount 08/01/2026 HAP Payment Aug 26 Yes $700.00 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Bring It Home Posted Payments www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 9/9/2026 9:37:55 AM Printed by: Aann Christopherson 23/41 67% Period YTD Annual RemainingAmountAmountBudgetBudget INCOME 3300.1 Administrative Fees 1,000.00 1,000.00 3301 Admin Subsidy 150.00 150.00 17,400.00 (17,250.00)1% 3301.1 HAP Subsidy 700.00 13,854.00 78,927.00 (65,073.00)18% TOTAL INCOME 850.00 15,004.00 96,327.00 (81,323.00)16% EXPENSES 4150 Travel 250.00 250.00 0% 4190 Other Admin Expenses (Apps, 1,000.00 1,000.00 0% 4190.01 Manuals, Subscriptions 1,000.00 (1,000.00) 4190.08 Consulting Fees 500.00 500.00 0% 4190.2 Management Fees-OTC 15,650.00 15,650.00 0% 4715.1 HAP Occupied Units 1,371.00 2,071.00 78,927.00 76,856.00 3% TOTAL EXPENSES 1,371.00 3,071.00 96,327.00 93,256.00 3% SURPLUS (521.00)11,933.00 11,933.00 Otter Tail County Housing Redevelopment Authority Operating Statement Eight Months Ending 08/31/2026 Program: Bring It Home Project: Consolidated Percent of the Year www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 9/9/2026 9:26:14 AM Printed by: Aann Christopherson 24/41 Period Amount Balance ASSETS 1111 Cash Unrestricted (521.00)11,933.00 TOTAL ASSETS (521.00)11,933.00 LIABILITIES AND SURPLUS LIABILITIES TOTAL LIABILITIES SURPLUS 2805 Restricted Net Position (Current Year) (671.00)11,783.00 2806 Unrestricted Position (Current Year) 150.00 150.00 TOTAL SURPLUS (521.00)11,933.00 TOTAL LIABILITIES AND SURPLUS (521.00)11,933.00 Otter Tail County Housing Redevelopment Authority Balance Sheet August 2026 Program: Bring It Home Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 9/9/2026 9:26:13 AM Printed by: Aann Christopherson 25/41 Doc Num Voided Type 7633 No CHK 7634 No CHK 7635 No CHK 7636 No CHK 7637 No CHK 7638 No CHK 7639 No CHK 7640 No CHK 7641 No CHK 7642 No CHK 7643 No CHK 1130799 No INV 1143860 No INV 01000006830 No INV 01000006840 No INV 01000101080 No INV 01000103500 No INV 01000107870 No INV 1129723 No INV 1130792 No INV 1130793 No INV 1130796 No INV 1130798 No INV 1130903 No INV 20072296 No INV 2805793068 No INV 32700026070 No INV 9917215394 No INV Doc Num Voided Type No OP No OP No OP No OP No OP No OP 08/11/2026 Payment - Online Payment Yes $950.00 08/15/2026 Payment - Online Payment Yes $888.15 08/05/2026 Payment - Online Payment Yes $20.00 08/11/2026 Payment - Online Payment Yes $1,119.12 08/04/2026 Payment - Online Payment Yes $344.35 08/05/2026 Payment - Online Payment Yes $200.00 Posted Deposits Control Date Document Description Cleared Amount 08/11/2026 Gas Charges No $17.52 Cleared: 10 $12,315.65 Uncleared: 18 $1,806.18 Total Payments: 28 $14,121.83 08/11/2026 Gas Charges No $8.06 08/31/2026 Solar salt No $22.60 08/19/2026 Electric No $147.84 08/19/2026 Electricity No $133.47 08/19/2026 electricity No $159.15 08/19/2026 Electricity No $113.83 08/19/2026 Electricity No $233.86 08/19/2026 Electricity No $82.69 08/25/2026 Utilities No $105.30 08/19/2026 Electricity No $84.41 08/25/2026 Utilities No $114.22 08/25/2026 Utilities No $104.52 08/31/2026 Utilities No $83.01 08/31/2026 Utilities No $70.23 08/19/2026 Electricity No $116.14 08/19/2026 electricity No $185.73 08/21/2026 Water-Gas-Sewer Yes $563.40 08/21/2026 Paint supplies Yes $184.70 08/21/2026 Mowing services Yes $50.00 08/21/2026 Refrigerator Yes $1,034.98 08/21/2026 Solar salt No $23.60 08/21/2026 Maintenance supplies Yes $24.31 ********** Replaces Check Number 7632 ********** 08/21/2026 Set toilets Yes $194.66 ********** Replaces Check Number 7631 ********** 08/10/2026 Model admission & Cont Policy Yes $239.00 ********** Replaces Check Number 7630 ********** 08/10/2026 Service call Yes $552.97 ********** Replaces Check Number 7629 ********** 08/10/2026 Install additional materials Yes $8,421.63 Payment Document Description Cleared Amount 08/10/2026 Paint 3 bedrooms Yes $1,050.00 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Public Housing Posted Payments www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 3 9/17/2026 2:59:44 PM Printed by: Aann Christopherson 26/41 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Public Housing No OP No OP 98 No CHK 0131 No CHK 0133 No CHK 1003 No CHK 1008 No CHK 1383 No CHK 1384 No CHK 5041 No CHK 10699-Pam No CHK 1342-Zion No CHK 19856-GNH No CHK 19905-GNH No CHK 41231-NAZ No CHK 55359090695 No MO 55359090701 No MO 55359090848 No CHK 55359091504 No MO 55373338252 No MO Tenant Accounting - 26 $9,338.80 Tenant Accounts 26 $9,338.80 Vendor Accounting Total 28 $14,121.83 Vendor Accounting - 17 $1,782.58 Vendor Accounting - 11 $12,339.25 Transaction Type Summary Transaction Type Count Amount Money Order (MO)4 $1,009.89 Total:54 $23,460.63 Check (CHK)25 $16,588.69 Invoice (INV)17 $1,782.58 Count Amount Online Payment (OP)8 $4,079.47 Project Summary Program - Project Payments Deposits Public Housing - Family $14,121.83 $9,338.80 Total:$14,121.83 $9,338.80 Document Type Summary Document Type Cleared: 25 $8,988.80 Uncleared: 1 $350.00 Total Deposits: 26 $9,338.80 08/25/2026 Payment - Money Order Yes $8.31 08/25/2026 Payment - Money Order Yes $600.00 08/04/2026 Payment - Money Order Yes $300.00 08/04/2026 Payment - Check Yes $92.58 08/04/2026 Payment - Check Yes $128.56 08/04/2026 Payment - Money Order Yes $101.58 08/04/2026 Payment - Check Yes $26.08 08/17/2026 Payment - Check Yes $426.97 08/20/2026 Payment - Check Yes $400.00 08/04/2026 Payment - Check Yes $191.00 08/17/2026 Payment - Check Yes $147.13 08/04/2026 Payment - Check Yes $1,257.33 08/04/2026 Payment - Check Yes $18.00 08/04/2026 Payment - Check Yes $472.87 08/17/2026 Payment - Check Yes $216.06 08/17/2026 Payment - Check Yes $90.86 08/25/2026 Payment - Check Yes $590.00 08/17/2026 Payment - Check Yes $192.00 08/27/2026 Payment - Online Payment Yes $207.85 08/29/2026 Payment - Online Payment No $350.00 www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 2 of 3 9/17/2026 2:59:44 PM Printed by: Aann Christopherson 27/41 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Public Housing End of Report Total:54 $23,460.63 www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 3 of 3 9/17/2026 2:59:44 PM Printed by: Aann Christopherson 28/41 Percent of Year 67% Period YTD Annual Remaining Amount Amount Budget Budget INCOME 3110 Dwelling Rental 6,274.00 48,865.00 42,000.00 6,865.00 116% 3401.1 HUD Operating Subsidy 13,271.80 21,550.00 43,000.00 (21,450.00)50% 3401.2 HUD Capital Funds- Operations/Admin 7,000.00 (7,000.00)0% 3401.3 HUD Capital Funds-Project 39,543.00 35,000.00 4,543.00 113% 3450.1 Revenue Recapture 12,520.10 12,520.10 3610 Interest Income (5673/0070) 4.61 38.61 38.61 3690 Other Income (NSF, Late Fee, GR Support) 172.00 5,562.20 21,000.00 (15,437.80)26% 3690.1 Water Charge Income 723.67 5,235.14 7,500.00 (2,264.86)70% 3690.2 Electric Charge Income 1,521.73 8,884.16 13,000.00 (4,115.84)68% 3690.3 Gas Charge Income 289.88 9,025.02 10,800.00 (1,774.98)84% 3690.31 Sewer Charge Income 730.98 5,906.62 7,500.00 (1,593.38)79% 3690.4 Other Tenant Charges (Maint) 1,957.50 3,812.53 1,500.00 2,312.53 254% TOTAL INCOME 24,946.17 160,942.38 188,300.00 (27,357.62)85% EXPENSES 4130 Legal 2,000.00 2,000.00 0% 4140 Staff Training 89.50 5,000.00 4,910.50 2% 4150 Travel 25.38 300.00 274.62 8% 4171 Audit 2,400.00 2,400.00 100% 4190 Other Admin Expenses (Reports, Apps) 42.09 600.00 557.91 7% 4190.01 Manuals, Subscriptions 239.00 239.00 1,300.00 1,061.00 18% 4190.06 Advertising 200.00 200.00 0% 4190.08 Consulting Fees 806.25 2,400.00 1,593.75 34% 4190.2 Management Fees-OTC 20,000.00 20,000.00 100% 4310 Water 637.49 4,673.40 7,500.00 2,826.60 62% 4320 Electric 1,341.70 6,739.45 13,000.00 6,260.55 52% 4330 Gas 234.33 7,319.57 10,800.00 3,480.43 68% 4331 Sewer 734.94 5,337.39 7,500.00 2,162.61 71% 4400 Maintenance - Tools & Equip 56.24 100.00 43.76 56% 4410 Maintenance - Labor 1,719.82 12,421.80 (12,421.80) 4420 Maintenance - Materials 8,743.43 27,249.00 10,000.00 (17,249.00)272% 4430 Maintenance - Contracts 1,073.60 5,204.40 22,000.00 16,795.60 24% 4431 Garbage and Trash Removal Contracts 500.00 500.00 0% 4510 Insurance 28,850.00 35,000.00 6,150.00 82% 4520 PILOT (129.74) 6,034.00 6,163.74 -2% 4521 Assessments 969.00 1,050.00 81.00 92% 4570 Collection Loss 500.00 500.00 0% 4580 Interest Expense (on Security Deposits) 75.00 75.00 0% 4600 Capital Fund Projects 39,543.00 35,000.00 (4,543.00)113% TOTAL EXPENSES 14,724.31 161,835.73 183,259.00 21,423.27 88% SURPLUS 10,221.86 (893.35) 5,041.00 (5,934.35)-18% Otter Tail County Housing Redevelopment Authority Operating Statement Eight Months Ending 08/31/2026 Program: Public Housing Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 9/9/2026 2:44:16 PM Printed by: Kendra Huseth 29/41 Period Amount Balance ASSETS 1111 Cash 7,490.90 103,873.35 1114 Tenant Security Deposit Cash 400.00 11,778.76 1122 A/R Tenants 834.20 3,866.18 1122.1 Allowance for Doubtful Accts (200.00) 1123 A/R Deposits 925.00 1,820.00 1129 A/R Other 0.83 1400.5 Accumulated Depreciation (1,200,500.42) 1400.6 Land 32,990.31 1400.7 Buildings 1,747,400.34 TOTAL ASSETS 9,650.10 701,029.35 LIABILITIES AND SURPLUS LIABILITIES 2114 Tenant Security Deposits (354.78)11,921.07 2119 Accounts Payable (418.66) 2119.1 A/P Admin 418.66 2240 Tenants Prepaid Rent (216.98)1,748.17 TOTAL LIABILITIES (571.76)13,669.24 SURPLUS 2700 Income/Expense Clearing Account (84,799.41) 2700 Income/Expense Clearing Account (Current Year) 10,221.86 (893.35) 2802 Invested in Capital Assets, Net of Related Debt 679,466.94 2806 Unrestricted Net Position 93,585.93 TOTAL SURPLUS 10,221.86 687,360.11 TOTAL LIABILITIES AND SURPLUS 9,650.10 701,029.35 Otter Tail County Housing Redevelopment Authority Balance Sheet August 2026 Program: Public Housing Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 9/9/2026 2:44:15 PM Printed by: Kendra Huseth 30/41 Doc Num Voided Type 1079 No CHK 1080 Yes CHK 1080 No VD 1081 Yes CHK 1081 No VD 1082 No CHK 1083 No CHK 02000023510 No INV 02000023710 No INV 20118158 No INV 20118160 No INV 20118161 No INV 20118164 No INV 20118165 No INV 20141573 No INV Doc Num Voided Type 1017 No CHK 1018 No CHK 1308 No CHK 1311 No CHK 2493 No CHK 2500 No CHK 2501 No CHK 4559 No CHK 5694 No CHK 12680 No CHK 12722 No CHK 985117 No CHK 6970-HCV No CHK Project Summary Program - Project Payments Deposits Finding Home I LLC - $1,762.45 $7,688.83 Total:$1,762.45 $7,688.83 Document Type Summary 08/04/2026 Payment - Check Yes $396.00 Cleared: 13 $7,688.83 Uncleared: 0 $0.00 Total Deposits: 13 $7,688.83 08/28/2026 Payment - Check Yes $750.00 08/28/2026 Payment - Check Yes $950.00 08/04/2026 Payment - Check Yes $1,006.84 08/28/2026 Payment - Check Yes $120.36 08/28/2026 Payment - Check Yes $950.00 08/28/2026 Payment - Check Yes $1,024.94 08/04/2026 Payment - Check Yes $950.00 08/28/2026 Payment - Check Yes $75.09 08/04/2026 Payment - Check Yes $354.00 08/28/2026 Payment - Check Yes $79.34 08/04/2026 Payment - Check Yes $82.26 08/04/2026 Payment - Check Yes $950.00 Posted Deposits Control Date Document Description Cleared Amount Cleared: 10 $1,337.17 Uncleared: 5 $425.28 Total Payments: 15 $1,762.45 08/07/2026 electric No $75.55 08/07/2026 Electric Yes $105.86 08/07/2026 Electric No $74.94 08/07/2026 Electric No $79.34 08/07/2026 Utilities No $75.09 08/07/2026 Electric No $120.36 08/04/2026 Water-Sewer Yes $212.45 08/04/2026 Water-Sewer Yes $208.31 08/21/2026 Monthly Lawn Care services Yes $439.58 08/21/2026 Install vibration pads under Yes $167.93 08/21/2026 Install vibration pads under Yes $167.93 08/21/2026 Check printed wrong Yes ($167.93) 08/21/2026 Monthly Lawn Care services Yes $439.58 08/21/2026 Check printed wrong Yes ($439.58) Payment Document Description Cleared Amount 08/10/2026 Garbage Yes $203.04 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Finding Home I LLC Posted Payments www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 2 9/9/2026 9:52:46 AM Printed by: Aann Christopherson 31/41 Otter Tail County Housing Redevelopment Authority General Ledger Cash Payment/Receipt Register Finding Home I LLC End of Report Total:28 $9,451.28 Tenant Accounting - 13 $7,688.83 Tenant Accounts 13 $7,688.83 Vendor Accounting Total 15 $1,762.45 Vendor Accounting - 5 $1,418.06 Vendor Accounting Void 2 ($607.51) Transaction Type Summary Transaction Type Count Amount Vendor Accounting - 8 $951.90 Total:28 $9,451.28 Void Payment (VD)2 ($607.51) Invoice (INV)8 $951.90 Count Amount Check (CHK)18 $9,106.89 Document Type www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 2 of 2 9/9/2026 9:52:46 AM Printed by: Aann Christopherson 32/41 67% Period YTD Annual RemainingAmountAmountBudgetBudget INCOME 3110 Rent Revenue 5,300.00 37,634.00 55,450.00 (17,816.00)68% 3210 Replacement Reserves (Emergency/Updating)2,100.00 (2,100.00)0% 3610 Interest Income 0.86 6.32 10.00 (3.68)63% 3690 Other Income (NSF, Late Fees)(76.00)100.00 (176.00)-76% 3690.4 Other Tenant Charges (Maint)360.00 360.00 TOTAL INCOME 5,300.86 37,924.32 57,660.00 (19,735.68)66% EXPENSES 4130 Legal 1,500.00 1,500.00 0% 4171 Audit 3,000.00 3,000.00 100% 4190 Administrative Expense 54.55 (54.55) 4190.06 Advertising/Marketing/Printing 633.78 750.00 116.22 85% 4310 Water 232.76 1,527.53 2,750.00 1,222.47 56% 4320 Electric (425.28)3.62 750.00 746.38 0% 4331 Sewer 188.00 1,316.00 2,500.00 1,184.00 53% 4410 Maintenance-Labor 44.99 104.99 2,000.00 1,895.01 5% 4420 Maintenance-Materials 122.94 853.82 3,000.00 2,146.18 28% 4430 Maintenance-Contracts 439.58 6,617.28 16,500.00 9,882.72 40% 4431 Garbage/Trash Removal 203.04 1,725.84 2,550.00 824.16 68% 4510 Insurance 5,460.47 6,000.00 539.53 91% 4520 PILOT (Payment in Lieu of Taxes)(388.87)3,705.00 4,093.87 -10% 4521 Property Taxes/Assessments 408.00 250.00 (158.00)163% 4580 Interest Expense (on Security Deposits)35.00 35.00 0% TOTAL EXPENSES 806.03 21,317.01 45,290.00 23,972.99 47% SURPLUS 4,494.83 16,607.31 12,370.00 4,237.31 134% Otter Tail County Housing Redevelopment Authority Operating Statement Eight Months Ending 08/31/2026 Program: Finding Home I LLC Project: Consolidated Percent of the Year www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 9/9/2026 9:43:25 AM Printed by: Aann Christopherson 33/41 Period Amount Balance ASSETS 1111 Cash 6,352.52 48,425.26 1114 Tenant Security Deposit Cash 6,964.70 1122 A/R Tenants 42.31 181.41 1400.5 Accumulated Depreciation (33,914.43) 1400.6 Land 13,500.00 1400.7 Buildings 1,471,090.28 TOTAL ASSETS 6,394.83 1,506,247.22 LIABILITIES AND SURPLUS LIABILITIES 2114 Tenant Security Deposit 6,030.45 2240 Tenant Prepaid Rents 1,900.00 3,600.00 TOTAL LIABILITIES 1,900.00 9,630.45 SURPLUS 2700 Income/Expense Clearing Account 1,480,241.14 2700 Income/Expense Clearing Account (Current Year) 4,494.83 16,607.31 2806 Unrestricted Net Position (231.68) TOTAL SURPLUS 4,494.83 1,496,616.77 TOTAL LIABILITIES AND SURPLUS 6,394.83 1,506,247.22 Otter Tail County Housing Redevelopment Authority Balance Sheet August 2026 Program: Finding Home I LLC Project: Consolidated www.pha-web.com © 2026 Management Computer Services, Inc. (MCS) Page 1 of 1 9/9/2026 9:43:24 AM Printed by: Aann Christopherson 34/41 OTTER TAIL COUNTY HOUSING AND REDEVELOPMENT AUTHORITY REQUEST FOR BOARD ACTION October 7, 2026 BOARD MEETING DATE AGENDA ITEM #4G Tanya Westra, September 22, 2026 REQUESTOR’S SIGNATURE/DATE BOARD ACTION REQUESTED Resolution No. 341 Maintaining the Passbook Savings Rate All Housing Programs For the Year 2027 PROPOSED REQUEST/JUSTIFICATION The U.S. Department of Housing and Urban Development (HUD) under 24 Code of Federal Regulations (CFR) 5.609(b)(3) states that the passbook savings rate must be used in determining income from net family assets. When determining annual income for families who apply for or receive assistance in the Housing Choice Voucher (HCV) program and public housing programs, a public housing agency (PHA) includes in the annual income the greater of either: (1) actual income resulting from all net family assets; or (2) a percentage of the value of such assets based on the current passbook savings rate when a family has net assets in excess of $5,000. Public and Indian Housing (PIH) notice 2012-29 allows the PHA to establish its own passbook rate that the PHA will apply in calculating imputed assets from income. The PHA must review its passbook rate at least annually to determine if it is within the safe harbor range of plus or minus 0.75%. The 2026 passbook savings rate that was adopted for use in the Housing Choice Voucher, Public Housing, Senior Affordable Housing and rehabilitation programs is 0.40%. As of September 22, 2026, the Savings National Rate is 0.37%; the allowable safe harbor range is 0.0% to 1.12%. Staff recommends maintaining the current passbook savings rate of 0.40% for all Housing Programs for the year 2027. PREVIOUS ACTION ON REQUEST/OTHER PARTIES ADVISED: N/A EXECUTIVE DIRECTOR DATE: Amy Baldwin 09/22/2026 ATTACHMENT LIST: Resolution No. 341 FINANCIAL IMPLICATIONS: minimal to both HRA and assisted households BUDGETED: X YES NO FUNDING: HUD COMMENTS 35/41 RESOLUTION NO. 341 RESOLUTION MAINTAINING THE PASSBOOK SAVINGS RATE FOR ALL HOUSING PROGRAMS FOR YEAR 2027 WHEREAS, the Otter Tail County Housing and Redevelopment Authority (the “Authority”) currently operates the Housing Choice Voucher Program, Public Housing Program, Affordable Senior Housing Program as well as several Home Rehabilitation Programs (the “Housing Programs”); and WHEREAS, the Authority has entered into funding contracts with the United States Department of Housing and Urban Development (HUD) for the Housing Choice Voucher and Public Housing Programs; and WHEREAS, the Agency is responsible for the annual review and adoption of the passbook savings rate as required for the Housing Programs. NOW, THEREFORE, IT IS HEREBY RESOLVED: 1. That the Passbook Savings Rate of four tenths percent (0.4%) is hereby adopted and effective January 1, 2027, for recertifications, new admissions to Housing Programs. 2. That the Executive Director is hereby authorized, empowered, and directed to do all other acts and things as she deems necessary or desirable in her discretion to effectuate the purposes of the foregoing Resolution. Upon the motion of_______________________, seconded by___________________________, and passed on a __________________vote, the above resolution is hereby adopted by the Otter Tail County Housing and Redevelopment Authority Board of Commissioners. Adopted this 7th day of October, 2026. Dated: _______________________________ OTTER TAIL COUNTY HRA BOARD OF COMMISSIONERS Attest:________________________________ By:_______________________________ 36/41 OTTER TAIL COUNTY HOUSING AND REDEVELOPMENT AUTHORITY REQUEST FOR BOARD ACTION October 7, 2026 BOARD MEETING DATE AGENDA ITEM #4H Tanya Westra, September 30, 2026 REQUESTOR’S SIGNATURE/DATE BOARD ACTION REQUESTED Resolution No. 342 Adopting Fair Market Rents and Payment Standards for 2027 PROPOSED REQUEST/JUSTIFICATION The U.S. Department of Housing and Urban Development (HUD) establishes Fair Market Rents (FMRs) for each metropolitan statistical area of the country. HUD requires housing authorities to establish Payment Standards in an amount between 90% and 110% of the FMR to reflect local housing market conditions. This is an annual approval. The purpose of this action is to formally adopt the HUD determined Fair Market Rent for the county to properly administer the Housing Choice Voucher & Public Housing Programs. In addition, it is required that the Payment Standards also be established by unit bedroom size. “Fair Market Rents” (FMRs) are published annually by HUD and are based on rental data from the American Community Survey. FMRs are established based on the 40th percentile of rents charged for standard rental housing in the jurisdiction and represent the cost to rent a moderately-priced dwelling unit. “Payment Standards” are defined as the maximum monthly assistance payment for a family assisted in the voucher program (before deducting the total tenant payment by the family). Payment standards for each unit by bedroom size must be established annually. Typically, the payment standard is between 90 percent to 110 percent of the 40th percentile FMR. Whenever the FMR increases or decreases, the PHA must ensure that its payment standards remain within the basic range. The proposed payment standard is at 110% of the FMR. Staff recommends the Board approve the Resolution with an effective date of January 1, 2027 for annual recertifications, new admissions and households transferring assistance to our jurisdiction. PREVIOUS ACTION ON REQUEST/OTHER PARTIES ADVISED: N/A EXECUTIVE DIRECTOR DATE: Amy Baldwin 9/30/2026 ATTACHMENT LIST: Resolution No. 342 Exhibit A - 2027 Fair Market Rents and proposed Payment Standards for the Housing Choice Voucher Program FINANCIAL IMPLICATIONS: minimal BUDGETED: X YES NO FUNDING: HUD – HCV HAP Funds COMMENTS 37/41 RESOLUTION NO. 342 RESOLUTION ADOPTING FAIR MARKET RENTS AND PAYMENT STANDARDS FOR 2027 WHEREAS, the Otter Tail County Housing and Redevelopment Authority (the “Authority”) operates two federally funded programs, the Housing Choice Voucher Program and the Public Housing Program (the “Federal Assistance Programs”); and WHEREAS, the Authority is responsible for the annual review of Fair Market Rents and Payment Standards as required by the Federal Assistance Programs. NOW, THEREFORE, IT IS HEREBY RESOLVED: 1. That the Fair Market Rents and Payment Standards as presented in Exhibit A are hereby adopted and effective January 1, 2027 for new admissions, annual recertifications and households transferring assistance to our jurisdiction; 2. That the Executive Director is hereby authorized to implement the Fair Market Rents and Payment Standards as required by the Federal Assistance Programs; 3. That the Executive Director is hereby authorized, empowered, and directed to do all other acts and things as she deems necessary or desirable in her discretion to effectuate the purposes of the foregoing Resolution. Upon the motion of________________________, seconded by________________________, and passed on ________________vote, the above resolution is hereby adopted by the Otter Tail County Housing and Redevelopment Authority Board of Commissioners. Adopted this 7th day of October 2026. Dated: _______________________________ OTTER TAIL COUNTY HRA BOARD OF COMMISSIONERS Attest:________________________________ By:_______________________________ 38/41 EXHIBIT A HUD Published 2027 Fair Market Rents (FMRs) and 2027 Proposed Payment Standards By Unit Size Efficiency One- Bedroom Two- Bedroom Three- Bedroom Four- Bedroom Five- Bedroom Six- Bedroom 2027 FMR $746 $819 $1,071 $1,476 $1,489 $1,712 $1935 2026 FMR $678 $749 $983 $1,367 $1,432 $1,646 $1,861 FMR Change +/- +$68 +$70 +$88 +$109 +$57 +$66 +$74 2027 Proposed Payment Standard $820 $900 $1,178 $1,623 $1,637 $1,883 $2,128 2026 Payment Standard $745 $823 $1,081 $1,503 $1,575 $1,810 $2,047 Payment Standard Change +/- +$75 +$77 $97 +$120 +$62 +$73 +$81 39/41 OTTER TAIL COUNTY HOUSING AND REDEVELOPMENT AUTHORITY REQUEST FOR BOARD ACTION October 7, 2026 BOARD MEETING DATE AGENDA ITEM #6A Tanya Westra 09/30/2026 REQUESTOR’S SIGNATURE/DATE BOARD ACTION REQUESTED Approval of Resolution No. 343 Adopting the 2027 Rent and Security Deposit Rates for the Senior Affordable Housing Program In 2024, the HRA constructed six units of affordable senior housing in Dalton, with occupancy beginning in December. During development of the project budget and financial projections, it was anticipated that rents would increase by approximately 3% annually to help keep pace with projected operating expenses and future maintenance and capital needs. At the September Board meeting, discussion resulted in a proposed $20 per month increase to rental rates, effective January 1, 2027, for all current and new tenants. Staff is also proposing a corresponding $20 increase to security deposit rates, effective January 1, 2027. Current Rent Rates & Security Deposit Proposed Rent Rates & Security Deposit One Bedroom $750 per month $770 per month Two Bedroom $950 per month $970 per month Staff recommends the approval of Resolution No. 343 PREVIOUS ACTION ON REQUEST/OTHER PARTIES ADVISED: N/A EXECUTIVE DIRECTOR DATE: Amy Baldwin 09/30/2026 ATTACHMENT LIST: Resolution No. 343 FINANCIAL IMPLICATIONS: Small increase in revenue BUDGETED: X YES NO FUNDING: Finding Home I LLC COMMENTS 40/41 RESOLUTION NO. 342 RESOLUTION APPROVING 2027 RENT AND SECURITY DEPOSIT INCREASES FOR AFFORDABLE SENIOR HOUSING PROGRAM WHEREAS, the Otter Tail County Housing and Redevelopment Authority (the “Authority”) constructed six units of affordable senior housing in Dalton, Minnesota; and WHEREAS, the Authority reviews rent and security deposit rates annually; and WHEREAS, annual increases are essential to keep pace with anticipated expenses and future maintenance needs. NOW, THEREFORE, IT IS HEREBY RESOLVED: 1. Effective January 1, 2027, the monthly rental rates for the Senior Affordable Housing Program will be $770 for a one-bedroom unit and $970 for a two-bedroom unit. 2. Effective January 1, 2027, the security deposit rate for new tenants will be $770 for a one-bedroom unit and $970 for a two-bedroom unit. 3. That the Executive Director is hereby authorized, empowered, and directed to do all other acts and things as she deems necessary or desirable in her discretion to effectuate the purposes of the foregoing Resolution. Upon the motion of________________________, seconded by_________________________, and passed on a ________________vote, the above resolution is hereby adopted by the Otter Tail County Housing and Redevelopment Authority Board of Commissioners. Adopted this 7th day of October 2026. Dated: _______________________________ OTTER TAIL COUNTY HRA BOARD OF COMMISSIONERS Attest:________________________________ By:_______________________________ 41/41