In November of 2014, the Columbia Housing Authority (CHA) secured the services of Tim Person & Associates, LLC (TPA) to provide diversity utilization consultation services to assist the CHA with its efforts to meet the State of Missouri’s mandated goals for the usage of Minority and Women owned Enterprises (MBE/WBE’s). This mandate is the result of the Columbia Housing Authority successful application for and capturing several rounds of Missouri Housing Development Commission’s (MHDC) Low Income Housing Tax Credits (LIHTC) which come with the stipulated goal for the utilization of 10% minority and 5% women owned businesses for all of the funded projects.
The CHA desired to extend the mandated goal to an internal self-initiated goal to find a way to maximize opportunities for locally sourced MBE/WBE’s for those projects and to find ways to create a long-term stable, sustainable environment for the MBE/WBE marketplace in Columbia/Mid-Missouri.
The following reports are a result of the CHA’s research to maximize opportunities for locally sourced MBE/WBE’s: