* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. THREE ON THE DOT. [00:00:02] WELCOME TO THE HOUSING AND AFFORDABILITY [Housing and Affordability Committee on August 26, 2024.] COMMITTEE. I'M COUNCIL MEMBER TIFFANY D. THOMAS. AND TODAY IS WEDNESDAY, AUGUST 4TH. NO, TODAY'S NOT. AUGUST 14TH. WHAT IS TODAY? SIXTH. I DON'T HAVE MY PHONES WITH ME. SO THAT'S WHAT IT IS. SO AUGUST 26TH. SO THANK YOU ALL FOR THAT. IN THE CHAMBER WE HAVE THE MAY MAYOR PRO, TIM MARTHA, CASTEX TATUM. AND WE HAVE COUNCIL MEMBER JULIAN RAMIREZ AT LARGE ONE. AND WE HAVE, UH, COUNCIL MEMBER MARTINEZ, AND STAFF REPRESENTATION FROM DISTRICT B AND AT LARGE, 4, 5, 5. MY BAD. I DON'T HAVE MY GLASSES EITHER. FORGIVE ME. UM, SO TODAY, LEMME PULL UP MY NOTES. SO THE GROUND RULES, AGAIN, JUST AS A REMINDER TO COLLEAGUES AND, UH, STAFF REPRESENTING YOUR MEMBER, UH, QUESTIONS WILL BE RECEIVED AFTER EACH PRESENTATION THROUGHOUT THE MEETING. IF A COUNCIL OFFICE REQUESTS INFORMATION, KNOW THAT ALONG WITH, UH, THE, UH, HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT WILL FACILITATE A RESPONSE TO YOUR COMMITTEE QUESTION AND YOUR INDIVIDUAL OFFICES. PLEASE ALLOW 72 HOUR TURNAROUND FOR YOUR REQUEST SO WE CAN MAKE GOOD USE OF TIME OF THE HOUSING STAFF. TODAY WE'LL HEAR A SERIES OF PRESENTATIONS FROM PLANNING AND GRANT REPORTING, COMPLIANCE AND GRANT ADMINISTRATION, PUBLIC SERVICES, SINGLE FAMILY MULTIFAMILY. AND THEN LASTLY, WE HAVE 12 INDIVIDUALS SIGNED UP FOR PUBLIC COMMENTS. EACH SPEAKER WILL HAVE TWO MINUTES, EXCUSE ME, WE HAVE 13 REGISTERED FOR PUBLIC COMMENTS. EACH SPEAKER WILL RECEIVE TWO MINUTES AND IT'S PERSONAL PRIVILEGE. I WANNA SHOUT OUT DOUG SMITH, DISTRICT F RESIDENT FOR WALKING IN. IT WOULDN'T BE A MEETING WITHOUT DOUG SMITH SIGN UP TOO IF THEY HAVEN'T SIGNED UP FOR. OKAY. AND THEN IF YOU HAVE NOT SIGNED UP AND YOU'RE INTERESTED IN A SPEAKING ON AN ITEM, PLEASE SIGN UP AT THE FORM ON THE DESK AND WE WILL ALLOW YOU THE OPPORTUNITY TO SPEAK. AND COUNCIL MEMBER ABBY CAYMAN IS WATCHING VIA HTV REPRESENTING DISTRICT C. THANK YOU SO MUCH. GOOD MORNING, DIRECTOR. I'LL TURN IT OVER TO YOU. GOOD MORNING, COUNCIL, COUNCILWOMAN, COUNCILMAN MADAM CHAIRMAN, I'M MIKE NICHOLS. I'M THE DIRECTOR OF THE HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT. I WISH I COULD SAY I WAS NEW, BUT NOW I'VE GOT A FEW MONTHS UNDER MY BELT AND CONTINUE TO LEARN AND APPRECIATE YOU HELPING ME LEARN. AND IF WE MAKE MISTAKES, I APOLOGIZE. UH, WE HAVE A LONG, LONG AGENDA TODAY, WHICH I APOLOGIZE FOR. BUT I WOULD SAY THAT SOME OF THE MOST IMPORTANT ITEMS, UH, AROUND ARE COMING UP TODAY. HOPEFULLY IN THE DIRECTOR'S COMMENTS AFTER WE HEAR ON THE ORDINANCES AND OTHER ISSUES, WE CAN, I WILL GIVE A BIGGER PICTURE OF SOME OF THE ISSUES AROUND AFFORDABLE HOUSING AND HOPEFULLY EVEN RESPOND TO THE NEWSPAPER ARTICLE THAT WAS IN YESTERDAY'S PAPER INDIRECTLY, IF NOT DIRECTLY. UM, FIRST OF ALL, MADAM CHAIRMAN, I WOULD LIKE TO ASK YOU HUMBLY ASK YOU THAT WE REMOVE ITEM TWO FROM THE PLANNING AND GRANT REPORTING. THE DEPARTMENT HAD REQUESTED THAT THE COUNCIL APPROVE US GOING TO HUD TO RECOMMEND A SUBSTANTIAL AMENDMENT TO THE, UH, 2021 WINTER STORM PLAN. UH, WE'RE GONNA ASK TO REMOVE THAT. UM, AGAIN, THIS IS, SO EVERYONE WILL REMEMBER, THIS IS A STORM THAT'S THREE AND A HALF YEARS AGO, UM, WHEN THE FEDERAL GOVERNMENT OFFERED THE $50 MILLION TO THE CITY TO DO WORK ON THAT STORM AND IMPACT AND HELP THE PEOPLE WERE IMPACTED BY THAT STORM. AGAIN, THAT'S THREE AND A HALF YEARS AGO. THE MONEY IS STILL NOT HERE. UM, BUT WE WERE ASKING FOR THE SUBSTANTIAL AMENDMENT. WE WISH TO REMOVE THAT. UH, I JUST WANT THE PUBLIC TO RECOGNIZE THAT EVEN IF THAT, WHEN THAT MONEY COMES, IT IS NOT A CHECK. IT IS A, UM, AN AMOUNT OF MONEY THAT WE CAN SPEND AND THEN ASK FOR REIMBURSEMENT FOR. SO IT'S A MULTI-PRONGED PROCESS. IT IS NOT A SINGLE CHECK. AND I THINK SOMETIMES PEOPLE DON'T UNDERSTAND THAT, AND THAT'S ONE OF THE REASONS YOU HAVE SUCH TOUGH COMPLIANCE RULES GOING FORWARD. BUT I'D ASK THE PERMISSION TO WITHDRAW THAT FROM THE AGENDA. MADAM CHAIR. SURE. THANK YOU. UH, DIRECTOR. YES, WE CAN REMOVE ITEM TWO PLANNING AND GRANT REPORTING FROM THE AGENDA. PLEASE MAKE NOTE OF THE RECORD. UM, AND JUST, AND I BELIEVE WE DO HAVE, UM, INDIVIDUALS HERE TO SPEAK ON PUBLIC COMMENTS REGARDING THAT ITEM. SO LET ME SAY THIS BEFORE WE MOVE TO SECTION THREE, COMPLIANCE AND GRANT ADMINISTRATION. UM, JUST TO GIVE CONTEXT TO THIS, UM, ITEM THAT I AM, UH, BEYOND PASSIONATE ABOUT. UM, IN 2021, WE ALL REMEMBER, UH, SNOWPOCALYPSE. UM, BUT MOST IMPORTANTLY, IN MARCH OF 2022, THE LATE CONGRESSWOMAN SHEILA JACKSON LEE HOSTED, UM, [00:05:01] THE 18TH HUD SECRETARY, MARSHA FUDGE TO HOUSTON. UH, UM, UPON VISITING THE HOUSTON HOUSING AUTHORITY AND OTHER PARTNERS, UM, SHE ANNOUNCED A $30 MILLION ALLOCATION IN RESPONSE TO, UH, WINTER STORM URI. THE FEDERAL DELEGATION LATER WENT BACK TO HUD AND SAID, IT'S NOT ENOUGH. THE DAMAGE WAS TOO EXTREME. UH, WE RECEIVED AN ADDITIONAL $20 MILLION. UH, WE BRIEFED TOTALING 50 MILLION THOSE DOLLARS. THE ACTION PLAN CAME TO THE COMMITTEE, WENT TO THE PUBLIC, WENT TO COMMUNITY ONLINE, AND IN PERSON IN 2022, THE UM, UM, ACTION PLAN THAT WE ADOPTED AT THIS BODY AND AT THE COUNCIL INCLUDED GENERATORS. IT INCLUDED, UM, HOME REPAIR REIMBURSEMENT, AND HOUSING COUNSELING. UM, WE REMEMBER, ALL OF US REMEMBER THAT TIME, AND I BELIEVE PUBLIC WORKS CITED CLOSE TO 50,000 HOMEOWNERS AND 400 MULTI-FAMILY UNITS, MULTI-FAMILY APARTMENTS THAT WERE DAMAGED FROM THE FREEZE. UM, I HAD THREE BUSTED PIPES IN MY OWN HOME. UM, MY FATHER'S CEILING CAME OUT IN. AND ALL OF US HAVE EXPERIENCES IN RESIDENCE THAT WE REMEMBER. THESE DOLLARS WILL GO DIRECTLY TO THESE INDIVIDUALS FOR HOME REPAIR. UM, IF YOU HAVE BEEN IN FRONT OF THIS BODY OR PAID ATTENTION TO ANYTHING THE DEPARTMENT DOES, I KNOW THIS IS NOT NEW TO THOSE WHO WORK IN THE DEPARTMENT, BUT OFTENTIMES WE HAVE RESIDENTS THAT COME BEFORE US ASKING FOR HOME REPAIR AND INCURRING A ROUTE WHILE THEY'RE ON A WAIT LIST AND TALK. RIGHT? AND AS WE BECOME A MORE OF A STORM CITY, HOME REPAIR IS MORE CRITICAL THAN EVER. WHEN WE LOOK AT DISTRICT B, DISTRICT EI, UH, K, UH, D UM, DISABLED, INDIVIDUAL, SENIORS, LOW INCOME, UH, MANY OF THEM ARE NOT LIVING IN THE HOMES THAT HAVE THIS, A SIMILAR WEATHERIZATION PROTECTIONS. MANY OF THEM NEED THE, UH, INVESTMENT IN THE SUPPORT. UH, THEY DID EVERYTHING WE ASKED THEM TO DO. PURCHASE A HOME, STAY IN YOUR NEIGHBORHOOD, PROTECT YOUR HOME. IT IS NOT OUR FAULT THAT WE DIDN'T HAVE FREEZE INSURANCE IN TEXAS. IT'S NOT OUR FAULT THAT, UM, ERCOT FAILED US. IT'S NOT OUR FAULT THAT OUR PIPES BURST AND THE FEDERAL GOVERNMENT IS, UM, DOING WHAT WE EXPECT THEM TO DO. AND I THINK IT'S APPROPRIATE THAT WE DO WHAT WE SAID WE WERE GONNA DO FOR HOUSTONIANS. SO I'M GLAD TO SEE THAT THIS ITEM IS PULLED. AND THEN WE CAN OFFICIALLY MOVE ON TO ITEM NUMBER THREE, COMPLIANCE AND GRANT ADMINISTRATION WITH NO OTHER COMMENTS IN THE QUEUE. COUNCIL MEMBER RAMIREZ, IS IT ON TWO OR THREE? IT IT'S ON TWO. OKAY. AND, AND, UM, NO, I, I, I HEAR YOU. UH, THAT WAS AN AWFUL STORM AND IT AFFECTED SO MANY PEOPLE, UH, WHO COULDN'T AFFORD TO, TO DEAL WITH IT. AND, UM, I JUST HOPE GOING FORWARD, UH, DIRECTOR NICHOLS, THAT WE WILL CONTINUE TO HAVE THIS CONVERSATION. UM, WE, WE GOT SOME NUMBERS FROM HARVEY HOME CONNECT, UH, WHICH WERE VERY DIFFERENT FROM THE ONES THAT WERE, UH, JUST STATED. UH, ACCORDING TO HARVEY HOME CONNECT, THEY HAVE 475 HOMES LEFT ON THE LIST, UH, WHICH AGAIN, VERY, VERY DIFFERENT NUMBERS. AND SO I'D, I'D BE, I'D BE INTERESTED IN GETTING CORRECT NUMBERS SO THAT WE CAN SEE THE EXTENT OF THE ISSUE. BUT, UM, YOU KNOW, THAT OBVIOUSLY WOULD DETERMINE HOW MUCH MONEY WOULD BE NEEDED TO MAKE THOSE REPAIRS WHICH NEED TO BE MADE. NO, NO QUESTION ABOUT IT. AND SO GOING FORWARD, I HOPE WE'LL CONTINUE TO HAVE A CONVERSATION ABOUT THE BEST WAY TO PROCEED. SO, BUT ANYWAY, APPRECIATE ALL YOUR WORK ON THIS. THANK YOU, SIR. AND WE WILL GET YOU THOSE NUMBERS. AND JUST FOR CLARITY, HARVEY HOME CONNECT WAS ATTACHED TO THE, UH, NONPROFIT FUND THAT WAS CREATED WITH THE, AN IMMEDIATE RESPONSE WITH PHILANTHROPIC DOLLARS. UH, NOT NECESSARILY THE, THE NUMBERS THAT WERE REPORTED THROUGH 3 1 1 AND A RA THROUGH PUBLIC WORKS. THOSE ARE TWO DIFFERENT THINGS THAT ARE HAPPENING AT THE SAME TIME. ITEM NUMBER TH UH, NUMBER THREE. THANK YOU. THANK YOU. ITEM NUMBER THREE, I'LL TURN OVER TO OUR DEPUTY DIRECTOR, KENISHA LONDON. GOOD MORNING. THE HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT IS RECOMMENDING AN ORDINANCE AUTHORIZING AND APPROVING A SECOND AMENDMENT TO THE COMMUNITY DEVELOPMENT BLOCK GRANT DISASTER RECOVERY HARVEY SUB-RECIPIENT AGREEMENT WITH THE TEXAS GENERAL LAND OFFICE. THE GLO PROPOSES TO AMEND THE SUB-RECIPIENT AGREEMENT WITH THE CITY IN THE FOLLOWING WAYS. THEY'RE LOOKING AT REVISING THE GRANT AWARD FROM 664, UM, MILLION $157,590, AND REDUCING IT, UM, BY 10.6 MILLION FOR A TOTAL AMOUNT NOT TO EXCEED $653,555,590. THEY'RE ALSO REVISING CONTRACTUAL LANGUAGE AND REALLOCATING PROGRAMMATIC FUNDING. AND FINALLY, THEY'RE EXTENDING THE TERM OF THE AGREEMENT FOR THE HARVEY ECONOMIC DEVELOPMENT PROGRAM FROM AUGUST 1ST, AUGUST 31ST, EXCUSE ME, 2024 THROUGH FEBRUARY 28TH, 2025. THIS AGREEMENT WAS DESIGNED TO ASSIST THE CITY IN OUR RECOVERY, UM, EFFORTS POST, UM, HURRICANE HARVEY. THAT CONCLUDES, UM, MY PRESENTATION. MAYOR PROTO. THANK YOU. CAN YOU JUST [00:10:01] KIND OF GIVE US A LITTLE SYNOPSIS OF, UM, THE REQUIREMENTS FOR THE HARVEY ECONOMIC DEVELOPMENT PROGRAM AND JUST KIND OF TALK AROUND THAT, BECAUSE I FEEL LIKE MAYBE WE NEED TO, UM, HAVE SOME JOINT CONVERSATIONS WITH THE ECONOMIC DEVELOPMENT COMMITTEE BECAUSE, UM, THERE'S A LITTLE BIT OF CROSSOVER, UH, AND I WANNA MAKE SURE THAT EVERYONE IS CLEAR ON, UH, THE REQUIREMENTS OF THAT PROGRAM. OKAY. AND THAT PROGRAM IS CLOSED, BUT I WOULD LIKE TO BRING UP ASSISTANT DIRECTOR, UH, MELODY DE BARR TO, UM, ANSWER THAT QUESTION. OKAY. THAT'D BE GREAT. THANK YOU. AND MELODY BARR WILL STAY WITH US THROUGH PUBLIC SERVICES. OKAY. GOOD MORNING. GOOD MORNING. UM, SO GENERAL REQUIREMENTS FOR THE ECONOMIC DEVELOPMENT. IT WAS A SMALL BUSINESS ECONOMIC DEVELOPMENT PROGRAM. AND SO THIS WAS MICRO LENDING. YOU HAD TO, UM, HAVE NEW JOB CREATION, LESS THAN, I BELIEVE IT WAS LESS THAN FIVE EMPLOYEES TO QUALIFY. THAT PROGRAM IS CLOSED. IT'S BEEN CLOSED FOR OVER A YEAR. AND, UM, THE MONEY THAT WE ARE, UM, THAT WE'RE, WELL, THE EXTENSION, JUST FOR, UH, TRANSPARENCY, THE EXTENSION THAT WE'RE ASKING FOR IS TO, UM, GIVE US ADDITIONAL TIME TO ENSURE THAT THE COMPLIANCE ON THE FILES ARE GOOD AND THAT ALL DOCUMENTS ARE PRESENT. AND SO BECAUSE WE'RE WORKING WITH SMALL BUSINESSES, HAS TAKEN A LITTLE BIT LONGER. SO IF THE PROGRAM IS CLOSED, THE EXTENSION IS JUST FOR YOUR ADMINISTRATIVE, UM, PROCESS. CORRECT. SO ONCE WE HAVE THE ADMINISTRATIVE PART COMPLETE, CAN WE GIVE A TOTAL RECAP OF WHO RECEIVED THAT AND, AND WHAT ALL TOOK PLACE? WE CAN DO THAT NOW. I DON'T HAVE IT WITH ME AT THIS MOMENT, BUT WE CAN PROVIDE THAT INFORMATION TO YOU. OKAY. SOUNDS GOOD. THANK YOU. NO QUESTIONS IN THE QUEUE REGARDING COMPLIANCE AND GRANT ADMINISTRATION. CAN I LET YOU MOVE FORWARD WITH THE ITEM FOUR? YES. THROUGH A THROUGH F. ALRIGHT. IT'S A LOT. IT IS A LOT . SO, GOOD MORNING AGAIN. UM, SO TODAY WE'LL BE PRESENTING SIX ITEMS. THE FIRST FOUR ITEMS I WOULD LIKE TO GIVE A A BIT OF HISTORY. ON MARCH 9TH, 2022, THERE WAS A TRI-PARTY REQUEST FOR EXPRESSION OF INTEREST, ALSO KNOWN AS AN REI. IT'S VERY SIMILAR TO A NOFA OR AN RFP PROCESS. THIS WAS RELEASED BY THE COALITION FOR THE HOMELESS HARRIS COUNTY AND THE CITY OF HOUSTON. THROUGH THIS COMPETITIVE PROCESS, QUALIFIED AGENCIES WERE SELECTED TO RECEIVE FUNDING TO OPERATE PROGRAMMING AS PART OF THE COMMUNITY-WIDE CO HOUSING PROGRAM. PHASE TWO, COMMONLY REFERRED TO AS CHIP 2.0, PHASE ONE OF CHIP WAS ANNOUNCED IN JULY OF 2020, USED USING FEDERAL COVID RELIEF FUNDING TO PLACE PEOPLE EXPERIENCING HOMELESSNESS OR ON THE VERGE OF FALLING INTO HOMELESSNESS INTO HOUSING. SINCE OCTOBER OF 2020, THE PARTNERS OF CHIP PHASE ONE AND TWO HAVE TOGETHER HOUSED MORE THAN 18,000 PEOPLE. THE FOLLOWING ITEMS PRESENTED ARE TO CONTINUE THE CLOSEOUT OF THE CHIP 2.0 AND PRESERVE HOUSING PERSONS CURRENTLY ON THE PROGRAM, CITY COUNCIL APPROVAL IS NECESSARY TO ENSURE THERE IS NO GAP IN CONTINUED HOUSING FOR THIS PROGRAM. I'M ALSO GONNA BE USING TWO WORDS, UM, RAPID REHOUSING AND NAVIGATION SERVICES. AND SO I KIND OF WANTED, I, I WANTED TO SORT OF EXPLAIN THAT. SO RAPID REHOUSING IS A PROGRAM THAT PROVIDES SHORT-TERM RENTAL ASSISTANCE AND SERVICES. THE GOALS ARE TO HELP PEOPLE OBTAIN HOUSING QUICKLY, INCREASE SELF-SUFFICIENCY AND STAY HOUSED. IT IS OFFERED WITHOUT PRECONDITIONS, MEANING THAT WE DON'T ASK YOU IF YOU HAVE EMPLOYMENT INCOME, ABSENCE OF CRIMINAL RECORD, OR SOBRIETY. WE TAKE YOU AS YOU ARE. AND THE RESOURCES AND SERVICES PROVIDED ARE TYPICALLY TAILORED TO THE NEEDS OF THE PERSON NAVIGATION SERVICES. UM, THAT IS THE PROCESS BY WHICH THE HOMELESS INDIVIDUAL ENTERS THE SYSTEM AND IS PROVIDED ONGOING ENGAGEMENT, DOCUMENT COLLECTION AND DELIVERS AND DELIVERS A SOFT HANDOFF OF THE LONG-TERM CASE MANAGER. SO ITEM FOUR A, THE DEPARTMENT IS PRESENTING A FIRST AMENDMENT TO THE SUBRECIPIENT AGREEMENT WITH CAREER AND RECOVERY RESOURCES INCORPORATED TO PROVIDE A FOUR MONTH EXTENSION TO THE CURRENT AGREEMENT. THE CURRENT AGREEMENT HAS A GOAL OF SERVING 200 HOUSEHOLDS IMPACTED BY COVID-19, WITH RAPID REHOUSING CASE MANAGEMENT SERVICES AND NAVIGATION SERVICES. AS OF JUNE, 2024, 180 HOUSEHOLDS WERE SERVED. TODAY WE HAVE NIKKI, I'M GONNA, I'M SO SORRY 'CAUSE I'M GONNA MISPRONOUNCE THIS. NIKKI AGUA, THE CHIEF EXECUTIVE OFFICER HERE IN THE AUDIENCE. ITEM FOUR B, THE DEPARTMENT IS PRESENTING A SECOND AMENDMENT TO THE SUB-RECIPIENT AGREEMENT [00:15:01] WITH WEST HOUSTON ASSISTANCE MINISTRIES TO PROVIDE A FOUR MONTH EXTENSION TO THE CURRENT AGREEMENT. THE CURRENT AGREEMENT HAS A GOAL OF SERVING 56 HOUSEHOLDS IMPACTED BY COVID-19, WITH RAPID REHOUSING CASE MANAGEMENT AND NAVIGATION SERVICES. AS OF JUNE 20, 24, 57, HOUSEHOLDS WERE SERVED. AND TODAY WE HAVE NISA GIAN, A LICENSED SOCIAL WORKER, WHO IS THE MANAGER OF THE CASE MANAGEMENT, AND ELIZABETH IRA, WHICH IS THE CHIEF PROGRAM OFFICER. ITEM FOUR C. THE DEPARTMENT IS PRESENTING AN ORDINANCE AUTHORIZING A SECOND AMENDMENT TO THE SUB-RECIPIENT AGREEMENT WITH SALVATION ARMY TO PROVIDE A FOUR MONTH EXTENSION TO THE CURRENT AGREEMENT. THE CURRENT AGREEMENT HAS A GOAL OF SERVING 806 HOUSEHOLDS IMPACTED BY COVID-19, WITH DIVERSION CASE MANAGEMENT. AS OF JUNE, 2024, 890 HOUSEHOLDS WERE SERVED. THIS PROGRAM WILL CONTINUE TO PROVIDE DIVERSION SERVICES, WHICH MAY INCLUDE BUT ARE NOT LIMITED TO, FLEXIBLE DIRECT ASSISTANCE, FAMILY MEDIATION AND LANDLORD MEDIATION. TODAY WE HAVE MAJOR ROB WEBB, AREA COMMANDER ROBERT STUTZ, THE CHIEF OPERATING OFFICER, KENNETH ENS, THE DIRECTOR OF NAVIGATION SERVICES, AND WESLEY MARTIN, THE BUSINESS MANAGER ALL HERE IN THE AUDIENCE WITH US. IN ITEM FOUR D, THE DEPARTMENT'S PRESENTING AN ORDINANCE AUTHORIZED IN A SECOND AMENDMENT TO THE SUBRECIPIENT AGREEMENT WITH NORTHWEST ASSISTANCE MINISTRIES TO PROVIDE A FOUR MONTH EXTENSION TO THE CURRENT AGREEMENT. THE CURRENT AGREEMENT HAS A GOAL OF SERVING 225 HOUSEHOLDS IMPACTED BY COVID-19 WITH DIVERSION CASE MANAGEMENT. AS OF JUNE, 2020 FOUR, FOUR HUNDRED AND SEVENTY FIVE HOUSEHOLDS WERE SERVED. THIS PROGRAM WILL CONTINUE TO PROVIDE DIVERSION SERVICES THAT HELP PEOPLE EXPERIENCING HOUSING CRISIS QUICKLY IDENTIFY AND ACCESS SAFE ALTERNATIVES TO EMERGENCY SHELTER SERVICES MAY INCLUDE, BUT ARE NOT LIMITED AGAIN, TO FLEXIBLE DIRECT ASSISTANCE FAMILY MEDIATION AND LANDLORD MEDIATION. TODAY WE HAVE ALLISON BROOKS, A CHIEF OPERATING OFFICER WITH US. I DON'T KNOW IF YOU WANT ME TO PAUSE THERE, BECAUSE THOSE WERE OF SIMILAR. UM, NO, YOU CAN KEEP ON GOING. OKAY. THE NEXT ITEM IS ITEM FOUR E. THE DEPARTMENT IS, IS PRESENTING A SUB-RECIPIENT AGREEMENT WITH THE COALITION FOR THE HOMELESS OF HOUSTON HARRIS COUNTY TO PROVIDE UP TO $3.5 MILLION IN GENERAL FUNDS FOR THE CONTINUED ADMINISTRATION AND OPERATION OF THE HOUSING NAVIGATION CENTER. THE COALITION THROUGH A PROCURED SUB-RECIPIENT MANAGES THE OPERATIONS, ADMINISTRATIVE AND COMPLIANCE ACTIVITIES FOR THE HOUSING NAVIGATION CENTER. THE FACILITY PROVIDES BRIDGE BEDS FOR 250 CLIENTS ANNUALLY TO STAY DURING THE HOUSING PLACEMENT PROCESS. THIS IS BRIDGING. BRIDGING IS THE TIME FROM HOUSING ASSESSMENT TO PLACEMENT AND PERMANENT HOUSING FUNDING WILL SUPPORT THE SHELTER OPERATIONS SUCH AS, BUT NOT LIMITED TO UTILITIES, FOOD SUPPLY, SECURITY, FACILITY STAFF, AND CASE MANAGEMENT SERVICES. POTENTIAL CLIENTS MUST BE REFERRED AND TRANSPORTED TO THE LOCATION EITHER BY A HOMELESS SERVICES AGENCY OR A FIRST RESPONDERS TO BE ELIGIBLE FOR ENTRY. THE TERM OF THIS AGREEMENT WILL BE FROM THE DATE OF COUNTER SIGNATURE BY THE CITY CONTROLLER TO DECEMBER 31ST, 2025. AND I THINK THAT I AM MISSING A SHEET, SO I MAY HAVE TO GO OFF OF MEMORY. GIVE ME ONE SECOND YOUR TIME. ALL RIGHT, HERE WE GO. FOR ADDITIONAL CONTEXT, THE OPERATOR OF THE HOUSING NAVIGATION CENTER, WHICH IS SUPPORTED THANK YOU, WHICH IS SUPPORTED BY THIS FUNDING, WILL OVERSEE DAILY OPERATIONS 24 7 OF THE NAVIGATION CENTER, PROVIDE 24 7 SECURITY MONITORING FOR ALL ACTIVITIES TO ENSURE THE SAFETY OF THE FACILITY. OCCUPANT STAFF AND THE SURROUNDING COMMUNITY PROVIDE THREE MEALS A DAY, PROVIDING LAUNDRY SERVICES TO OCCUPANTS, PROVIDING TRANSPORTATION SERVICES, COORDINATING OPERATIONS WITH THE ONSITE HEALTHCARE SERVICE PROVIDER TO THE OCCUPANTS OF THE SURROUNDING COMMUNITY. COORDINATE ONE-TO-ONE INTENSIVE CASE MANAGEMENT, HAVING HOUSING NAVIGATION AND PLACEMENT ACTIVITIES, COORDINATING THE USE OF THE CLASSROOMS AND THE SERVICES TO THE SURROUNDING COMMUNITY, AND ENSURING PROPER AND TIMELY DATA ENTRY INTO THE HMIS SYSTEM, WHICH IS THE HOMELESS MANAGEMENT INFORMATION SYSTEM, AND ANY OTHER APPLICABLE REPORTING REQUIREMENTS AS REQUIRED OR REQUESTED BY THE CITY OF HOUSTON. TODAY WE HAVE KELLY YOUNG, THE PRESIDENT, AND CEO HERE WITH US IN AUDIENCE. SO ITEM TWO C, I'M SORRY. UM, THIS IS THE, THE FINAL ITEM, WHICH IS GOODWILL. THE DEPARTMENT'S RE ORDINANCE AUTHORIZING A FIRST AMENDMENT TO THE SUB-RECIPIENT [00:20:01] AGREEMENT WITH GOODWILL INDUSTRIES OF HOUSTON PROVIDING UP TO AN ADDITIONAL $175,000 IN HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS FUNDS, COMMONLY REFERRED TO AS HOPWA FOR THE ADMINISTRATION OPERATION OF A JOB SERVICES PROGRAM WITH SUPPORT SERVICES TO A MINIMUM OF 75, ADDITIONAL LOW TO MODERATE INCOME HOUSEHOLDS LIVING WITH OR AFFECTED BY HIV AND OR AIDS. THIS PROGRAM INCLUDES EMPLOYMENT AND JOB TRAINING, CAREER COACHING WITH MEN, MENTORSHIP, TRANSPORTATION, OR REFERRALS TO OTHER SERVICES THAT COMPLIMENT THE PROGRAM. REFERRALS TO OTHER SERVICES SUCH AS CHILDCARE, HEALTH, EDUCATION, NUTRITION, LEGAL, AND HOUSING ARE PROVIDED ONCE IDENTIFIED DURING THE INTAKE AND NOTED IN EACH HOUSEHOLD'S CAREER PLAN. THE OVERALL GOAL OF THIS PROGRAM WAS TO ASSESS 275 HOUSEHOLDS FOR PARTICIPATION. AND AS OF JUNE, THERE HAVE BEEN 179 ASSESSED. ADDITIONALLY, ENROLLMENT INTO THE EMPLOYMENT JOB TRAINING PROGRAM GOAL WAS 150 AND THERE WERE 83 ENROLLED. A NOTICE OF FUNDING AWARD WAS CONDUCTED LAST SEPTEMBER, OR I'M SORRY, OF SEPTEMBER OF 2022. AND GOODWILL INDUSTRIES, ONE OF THE AGENCIES SELECTED THIS AMENDMENT WILL PROVIDE FOR THE SECOND YEAR OF FUNDING PER THE NOTICE OF FUNDING AVAILABILITY. THIS AMENDMENT WILL EXTEND THE TERM OF THE AGREEMENT AND PROVIDE FUNDING THROUGH SEPTEMBER 30TH, 2025. TODAY WE HAVE TANYA JE, THE SENIOR DIRECTOR OF THE WORKFORCE DEVELOPMENT HERE REPRESENTING GOODWILL INDUSTRIES. PLEASE NOTE THAT ALL SIX ITEMS THAT WERE PRESENTED TODAY, ALL OF THEM HAVE HAD THEIR ANNUAL MONITORING AND COMPLIANCE REVIEW AND THERE WERE NO ISSUES. THERE WERE NO ISSUED FINDINGS FOR ANY OF THEM. AND THIS CONCLUDES MY PRESENTATION. I'M HAPPY TO ANSWER ANY QUESTIONS. THANK YOU SO MUCH, COUNCIL MEMBER RAMIREZ. GOOD MORNING, MELODY. HOW ARE YOU? I'M GOOD. GOOD. SO, UH, I UNDERSTAND THESE ARE ALL JUST EXTENSIONS, IS THAT CORRECT? THAT IS CORRECT. DO NOT REQUIRE ADDITIONAL FUNDING. CORRECT. MOST OF 'EM DO NOT. YES. SO WE ALL, WE ALL ARE HAPPY ABOUT THAT. UH, BUT JUST CURIOUS WHY, UH, THE FUNDS WEREN'T SPENT, UM, ON THE TIMELINE EXPECTED. RIGHT, SO THAT'S A REALLY GOOD QUESTION. UM, A LOT OF IT HAS TO DO WITH THE WAY WE BUDGET AND, UM, PARTICULARLY FOR DIVERSION. SO I'LL TAKE 'EM IN TWO PARTS. THE DIVERSION PROGRAM WAS NOT AS EXPENSIVE AS WE INITIALLY THOUGHT IT WAS GOING BE. SO THAT'S A GOOD THING. WE WERE ABLE TO HELP MORE PEOPLE AS, UM, AS I PRESENTED ON THE ACTUAL NUMBER SERVED. AND SO THAT IS, THAT IS PART OF IT. THE RAPID REHOUSING PROGRAM. UM, MANY OF YOU KNOW THAT WE'VE BEEN TALKING ABOUT THE LACK OF VOUCHERS IN OUR SYSTEM. AND BECAUSE THERE IS A LACK OF VOUCHERS, UM, WE DO NOT PROVIDE THE SUBSIDY FOR RENT. WE PROVIDE THE CASE MANAGEMENT. SO AS SUCH, THE AMOUNT OF PEOPLE THAT HAVE BEEN ENTERING INTO ARY HOUSING HAS DECREASED AND THEREFORE THE MONEY IS AVAILABLE. OKAY. ALRIGHT. THANK YOU. UH, AND I KNOW THAT, UH, AT SOME POINT IN THE FUTURE YOU'LL BE ISSUING NEW NOVAS, IS THAT CORRECT? CORRECT. MM-HMM . ONE THING WE'VE BEEN INTERESTED IN ARE THE PERFORMANCE METRICS ASSOCIATED WITH OUR PUBLIC SERVICE CONTRACTS. YEP. CAN YOU TELL US WHO, WHO DETERMINES THE DATA THAT'S REQUIRED BY THE CONTRACTORS TO, TO BE PROVIDED TO THIS CITY? SO WE CAN MEASURE HOW, HOW WELL THOSE CONTRACTS ARE DOING? SO IF YOU'RE ASKING WHO, WHO DEVELOPS THE SCOPE OF SERVICE, IS THAT MORE OF YOUR QUESTION? WHO, WHO, WHO DEVELOPS THE, THE, THE QUESTIONS THAT WE CAN ASK OUR, OUR CONTRACTORS TO? SO MY OFFICE DOES. OKAY. ALRIGHT. AND, UM, UM, ARE WE, ARE WE TRACKING JUST PARTICIPATION IN PROGRAMS? ARE WE TRACKING REAL PROGRESS BY THOSE PEOPLE WHO PARTICIPATE IN THESE PROGRAMS WHO ARE SERVED? SO, SO I THINK IT'S DEPENDENT ON THE ACTUAL PROGRAM. MM-HMM . SO WHEN IT COMES TO HOMELESSNESS, THAT'S A LITTLE BIT EASIER BECAUSE WE'VE DEVELOPED A SYSTEM THAT, UM, IS FOR HOUSTON AND HARRIS COUNTY. SO WE LOOK AT HOW MANY PEOPLE ARE ENROLLED, HOW MANY PEOPLE GET LEASED UP, AND THEN ONCE THEY EXIT, WE'RE ABLE TO TRACK THEM IN OUR HMIS SYSTEM AFTER SIX MONTHS, A YEAR, 18 MONTHS. SO WE CAN DETERMINE IF ANYONE HAS TOUCHED OUR SYSTEM. BUT THAT IS A SYSTEM THAT WAS DEVELOPED IN 2011 AND CONTINUES TO BE, UM, UH, REASSESSED AND, AND DEVELOPED FOR OUR NEEDS. WHEN IT COMES TO SOME OF OUR OTHER PUBLIC SERVICES, UM, A LOT OF TIMES IT IS MORE ON WHO YOU'RE SERVING AT THAT POINT IN TIME. I KNOW THAT THERE'S BEEN A LOT OF QUESTIONS ABOUT IMPACT. A LOT OF TIMES IMPACT ISN'T DETERMINED UNTIL PROBABLY ABOUT MAYBE NINE TO 12 MONTHS AFTER THAT CLIENT HAS TOUCHED THAT SERVICE MANY TIMES THAT'S AFTER THE CONTRACT HAS EXPIRED. AND BECAUSE THESE ARE FEDERAL FUNDS AND WE HAVE A CONTRACT, WE ARE UNABLE TO COLLECT THE DATA AFTERWARDS FOR SINGULAR PROJECTS THAT AREN'T PART OF A, A, UM, A MANAGED SYSTEMS SUCH AS HOMELESSNESS. SO I DO ENCOURAGE ALL COUNCIL MEMBERS IF YOU HAVE ANY THOUGHTS AS TO WHAT YOU'RE LOOKING FOR, WE WOULD LOVE TO SEE THEM. AND IF WE CAN USE THEM, WE WILL DEFINITELY, WE'LL USE THEM. WE LOVE THE INPUT. WELL, YEAH. AND COULD YOU LET US KNOW [00:25:01] THEN WHEN, WHEN THESE CONTRACTS ARE GONNA COME BEFORE COUNT, ACTUALLY AHEAD OF TIME SO THAT WE CAN WEIGH IN ON, ON WHAT THE PERFORMANCE METRICS ARE ASSOCIATED WITH THEM? I, I'M NOT SURE ON THAT QUESTION. SO I FEEL LIKE WHEN WE COME HERE, THIS IS BEFORE WE GO TO CITY COUNCIL. UM, BUT IF YOU'RE ASKING TO, TO PARTICIPATE IN THE DEVELOPMENT OF THE SCOPE OF SERVICES, THAT'S, UM, I'D HAVE TO GET BACK TO YOU ON THAT. YEAH. AND I'M NOT, SO, I'M NOT SURE SCOPE OF SERVICES IS THE RIGHT WORD, JUST, JUST HOW DO WE MEASURE PERFORMANCE UNDER THOSE CONTRACTS? ARE WE JUST THROWING MONEY AT A PROBLEM OR ARE WE ACTUALLY SERVING, YOU KNOW, THE FOLKS THAT WE, THAT WE WANNA SERVE WITH, THE DOLLARS WE RECEIVE, THAT THAT'S, THAT'S WHAT I'M INTERESTED IN. AND SO AS MUCH LEAD TIME AS YOU COULD GIVE US, WE'D APPRECIATE THAT. MM-HMM . THANK YOU. THANK YOU. UM, AND, AND COUNCIL MEMBER MARTINEZ, BEFORE I, I, UM, ACKNOWLEDGE YOU, I WOULD LIKE TO ACKNOWLEDGE OUR COLLEAGUES THAT HAVE COME IN. UM, WE HAVE STAFF FROM COUNCIL MEMBER CASTILLO, COUNCIL MEMBER POLLARD IS JOINING US IN PERSON, OUR VICE CHAIR COUNCIL MEMBER DAVIS VICE MAYOR, PRO TEM, COUNCIL MEMBER PECK, COUNCIL MEMBER HUFFMAN STAFF FROM COUNCIL MEMBER FLICKINGER AND STAFF FROM COUNCIL MEMBER CAYMAN. AND I BELIEVE I ALREADY ACKNOWLEDGED STAFF FROM COUNCIL MEMBER JACKSON'S OFFICE. OKAY. COUNCIL, COUNCILMAN MARTINEZ. THANK YOU CHAIRWOMAN. UM, AND MELODY, UH, FIRST OF ALL, THANK YOU FOR THE PRESENTATION, UM, AT THE, AND I THOUGHT, I ALSO WANNA MAKE SURE THAT, UM, YOU KNOW, THE BACKGROUND ON, ON VOUCHERS AND THE SERVICES, THANK YOU FOR CLEARING THAT UP FOR FOLKS. UH, IT'S IMPORTANT TO UNDERSTAND THIS PROCESS SO THAT WAY WE CAN REALLY UNDERSTAND THE IMPACTS THAT EVERYBODY WANTS TO SEE AS WELL. UM, UH, DIRECTOR, UM, WANTED TO SAY THANK YOU ALSO FOR SUPPORTING THE NAVIGATION CENTER. UH, MORE RECENTLY I'VE RECEIVED CALLS FROM CONSTABLE, UH, JERRY GARCIA AND, AND SO THOSE FIRST RESPONDERS THAT ARE PICKING FOLKS UP TO TRY AND PROVIDE THOSE WRAPAROUND SERVICES. AND, AND YOU KNOW, I KNOW AT ONE POINT, BECAUSE OF THE LACK OF FUNDING, UH, WE HAVEN'T BEEN ABLE TO PROVIDE AS MUCH SERVICES AS WE WANT TO. AND SO JUST SEEING THIS PROCESS COME THROUGH, UH, THE DIFFERENT ORGANIZATIONS FROM THE SALVATION ARMY TO WEST HOUSTON, AREA ASSISTANCE MINISTRY, NORTHWEST ASSISTANT MINISTRY, AND CAREER AND RECOVERY, UH, THOSE ARE ALL GREAT ORGANIZATIONS THAT HELP US, UH, ADDRESS THE, THIS LARGER PROBLEM. AND, AND, UH, AND ESPECIALLY MORE SO BECAUSE, UH, TOWARDS THE BEGINNING OF THIS YEAR, UH, WE WERE GETTING A LOT MORE CAUSE OF UNSHELTERED FOLKS, UM, YOU KNOW, NOT HAVING THOSE RESOURCES OR NOT BEING ABLE TO TAKE TO A NAVIGATION CENTER. AND SO, UM, KNOW THAT, THAT, YOU KNOW, FROM MY OFFICE, ESPECIALLY WITH DOWNTOWN EAST, DOWNTOWN ALONG THE HARRISBURG CORRIDOR AND EVEN 45, UH, WE RELY ON, ON YOUR SUPPORT ON YOUR WORK. AND SO I JUST WANNA SAY THANK YOU FOR THAT, UM, AND KNOW THAT WE'RE HERE TO CONTINUE TO SUPPORT YOU AS WELL. THANK YOU. WONDERFUL. OH, GO AHEAD, DIRECTOR. COUNCILMAN, THE NAMES YOU MENTIONED ARE THOSE AMONG MANY THAT MAKE A BIG DIFFERENCE IN HOUSTON ARE SUCCESS IN HELPING THESE MOST VULNERABLE PEOPLE IS THIS COMBINATION OF WORK. THE HOUSING AUTHORITIES HERE TODAY, AND THEY'RE THE ONES WHO GIVE US THE VOUCHERS FOR THIS. THERE'S IN SO MANY ORGANIZATIONS, AND REALLY THE BEAUTY OF HOUSTON THAT'S DIFFERENT FROM EVERY OTHER CITY IS THIS COLLABORATION YEAH. BETWEEN GOVERNMENT, NON-PROFITS, PHILANTHROPY, BUSINESS. UM, IT, IT IS THE WORKABLE SOLUTION AND IT IS COMPLICATED, BUT IT'S REALLY HAD THE SUCCESS AND WE'LL CONTINUE TO HAVE SUCCESS. WE JUST NEED TO FIND SOME ADDITIONAL FUNDING. RIGHT. AND I WAS GONNA SAVE, UH, THE, THE SHOUT OUT FOR DAVID. UH, BUT SINCE YOU'RE HERE MM-HMM . AND HE'S ALREADY GIVING YOU A SHOUT OUT. I WANNA SAY THANK YOU FOR ALL THE WORK Y'ALL CONTINUE TO DO AT THE HOUSTON HOUSING AUTHORITY. WONDERFUL. BEFORE WE MOVE ON TO SINGLE FAMILY, I, I DO WANT TO, UM, ADD MY NAME TO ALL THE KUDOS OF THE AGENCIES, UM, FROM THE WEST SIDE TO THE NORTH SIDE, AND, UM, UNDERSCORE THE, UH, NAVIGATION CENTER, WHICH IS PARAMOUNT TO MUCH OF OUR SUCCESS. UM, I WOULD WELCOME A NAVIGATION CENTER ON THE WEST SIDE. I KNOW IT WAS A VERY CONTROVERSIAL DEAL, BUT WHEN YOU LOOK AT THE SUCCESSES, THE INVESTMENT, THE TESTIMONIES, NOT JUST FROM THOSE WHO ARE UNHOUSED, BUT PEOPLE IN THE COMMUNITY ARE ABLE TO BENEFIT FROM THAT, THAT ARE ALREADY LIVING ON THE FRINGES. SO IT'S DEFINITELY A MODEL FOR THE CITY AND FOR THE NATION. UM, I DO BELIEVE, UM, DURING THE BRIEFING, I REQUESTED SOME BACKUP INFORMATION ABOUT THE NAVIGATION CENTER TO PROVIDE CONTEXT TO WHAT OUR INVESTMENT, OUR TRUE INVESTMENT IS. OFTENTIMES ITEMS COME BEFORE IN SINGULAR FASHION, BUT IF WE CAN TALK ABOUT THE TOTAL INVESTMENT OF THE NAVIGATION CENTER WITH THE SUPPORT SERVICES, AND THEN THE CAPITAL, BECAUSE I KNOW WE'VE DONE A VARIOUS LINE ITEMS THAT WILL BE HELPFUL. UM, AND SO IN THE FOLLOW UP, IF WE CAN MAKE NOTE TO PROVIDE THAT. SO IN TERMS OF TALKING ABOUT THE NAVIGATION CENTER, WE CAN SPEAK INTELLIGENTLY ABOUT NOT JUST THE SOCIAL SERVICES, BUT AS A CITY, WHAT WE'VE PUT IN INTO THAT. I THINK THAT WILL BE HELPFUL. UM, CAN I HAVE THAT INFORMATION FOR YOU? OKAY. THANK YOU MUCH. UH, UH, AND, AND AS WE CLOSE, COUNCIL MEMBER RAMIREZ, AND THEN WE'LL MOVE TO SINGLE FAMILY. THANK YOU. YEAH. JUST, JUST ONE LAST THING, UH, ON OUTCOMES DATA, UM, MELODY. SO WE'RE GONNA BE MEETING WITH, UH, UNITED WAY AND GREATER HOUSTON COMMUNITY FOUNDATION NEXT MONTH, SO VERY SOON. [00:30:01] SO I'D LIKE TO EXTEND AN INVITATION TO YOU TO JOIN US FOR THAT IF YOU WOULD LIKE TO, AND WE'LL TALK ABOUT OUTCOMES DATA AND SO FORTH. ABSOLUTELY. THANK YOU. ALRIGHT, THANKS. THANK YOU, MELODY. WE'LL GO NOW TO SINGLE FAMILY. AND CEDRIC SAIN, OUR ASSISTANT DIRECTOR. DO YOU HAVE ONE MORE? IS IT ME? OKAY, MR. . THANK YOU. GOOD MORNING. ALRIGHT, ALL GOOD. MORNING, MADAM CHAIRWOMAN AND MEMBERS OF THE COMMITTEE. I'M PRESENTING ITEMS FIVE A THROUGH FIVE D ON BEHALF OF HOUSING COMMITTEE DEVELOPMENT DEPARTMENT. UM, THE SLIDES FOR THE FIRST ITEM A, UH, IS CORRECT, BUT THE COVER SHEETS ARE INCORRECT. SO I WANNA GO OVER, UH, WHAT WE'RE ACTUALLY DOING ON ITEM A. ITEM A HCD RECOMMENDS COUNCIL APPROVAL OF AN ORDINANCE AMENDING ORDINANCE, UH, NUMBER 2018 DASH 56 AS AMENDED TO ALLOCATE AN ADDITIONAL $4.9 MILLION TO, UH, COMMUNITY, UH, OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS TO THE MASSIVE CONTRACT AGREEMENTS UNDER THE CITY OF HOUSTON HOME REPAIR PROGRAM, AND INCREASE THE MAX CONTRACT VALUE FROM $60,869,857 AND 65 CENTS TO $65,785,863 AND 65 CENTS. THIS WILL AFFECT ALL DISTRICTS. AND JUST TO GIVE YOU GUYS A LITTLE BACKGROUND OF THE ACTUAL PROGRAM, UH, SINCE 2018, HOME REPAIR PROGRAM HAS ASSISTED 285 FAMILIES WITH HOME REPAIR. THIS ADDITIONAL FUNDING THAT WE'RE ADDING AT THIS TIME WILL SERVE APPROXIMATELY 20 TO 25 FAMILIES. LAST YEAR, THIS PROGRAM SERVED 32 FAMILIES, UM, UNDER THE HOME REPAIR PROGRAM. AND PREVIOUS YEAR OF 2023, WE SERVED 28 FAMILIES. THE CURRENT PIPELINE HAS 55 HOMEOWNERS THAT ARE IN QUEUE. UM, I ALSO WANT TO SAY THAT WITH THIS ADDITIONAL FUNDS, THE PROGRAM IS GONNA BE FINISHING UP THE LIST EARLY. SO WE WILL BE OPENING THE HOME REPAIR PROGRAM AGAIN FOR HOMEOWNERS TO BE ABLE TO APPLY FOR IT. I THINK YOU SHOULD SAY THAT AGAIN, UH, SO PEOPLE CAN HEAR THAT. 'CAUSE IT'S NOT OFTEN THAT WE SAY WE HAVE CLEARED A WAIT LIST, SO I THINK YOU NEED TO. ABSOLUTELY. SO 2018, THERE WAS A BACKLOG OF HOMEOWNERS THAT WERE PUT INTO THE HOME REPAIR PROGRAM WITH ANTICIPATION THAT THEY WOULD EITHER GO THROUGH HOME REPAIR OR THROUGH, UH, THE DR 17 POND. SOME OF THOSE HOMEOWNERS DID NOT GET SERVED UNDER DR 17 AND REMAINED IN OUR HOME REPAIR PROGRAM, UH, FOR AN EXTENDED LENGTH OF TIME. WE ARE THUS CLEARING THAT LIST, UH, HOPEFULLY BY THE END OF THIS YEAR, AND WE'LL BE BRINGING ON NEW CLIENTS, UM, IN THAT PIPELINE. SO THE WEBSITE WILL BE CHANGING TO ALLOW THE HOMEOWNERS TO APPLY. UH, WE WILL BE CHANGING THE PROGRAM ON HOW IT'S RUN. UH, WE ANTICIPATE OPENING THE LIST OR OPENING THE PROGRAM UP, TAKING IN AS MANY HOMEOWNERS AS FUNDS THAT ARE AVAILABLE AND THEN PURGING THAT LIST EVERY SINGLE YEAR. OKAY. THAT'S HELPFUL. AND THEN, UH, THIS IS WITH TUR, CDBG. AND THEN DON'T WE COME IN WITH A TURS ALLOCATION FOR THIS ITEM AS WELL? THERE IS A TOURIST ALLOCATION, UM, BUT THE BULK OF THE MONEY FOR HOME REPAIR, THE CD BG COMES OUT OF CDBG. UH, WE DO HAVE OUR EMERGENCY REPAIR PROGRAM THAT USES TOURIST FUNDS. YEAH. DIRECTOR, IF I CAN, MAY MAKE A REQUEST ONCE THAT LISTED, THAT PORTAL IS OPEN, IF THAT CAN BE SHARED WITH COUNCIL OFFICES SO WE CAN GET THAT TO THE STREET, UM, FOR THOSE THAT MAY QUALIFY FOR THAT. THAT IS GOOD NEWS. THANK YOU SO MUCH. COUNCIL MEMBER RAMIREZ. WE ABSOLUTELY WILL DO THAT. PERFECT. THANK YOU. OKAY. UH, I'M, I'M SORRY, DEREK, WERE YOU FINISHED WITH YOUR PRESENTATION? UH, YES. CEDRIC. OKAY. YES, CEDRIC, I'M SORRY. APOLOGIZE. UM, SO QUESTION ABOUT, UM, A PINEAPPLE SQUARE PROJECT. I THINK THAT'S SLIDE 35. YES. UH, WELL, I HAVE, YOU WANT ME TO GO AHEAD AND PRESENT ALL THOSE ITEMS? YES, AND WE CAN GET TO, I, I I'M SORRY. I, I I THOUGHT YOU'D FINISHED. NO PROBLEM. OKAY. UM, UH, ITEM FIVE B-H-C-D-D RECOMMENDS COUNCIL APPROVAL OF AN ORDINANCE AUTHORIZING A LOAN AGREEMENT BETWEEN THE CITY OF HOUSTON AND COLE KLINE BUILDERS ADDING AN ADDITIONAL $98,744 AND 7 CENTS, OF WHICH $70,531 AND 48 CENTS WILL BE USED FOR THE GARVER HEIGHTS AND ZURI GARDENS PROJECT. IN ADDITION, 10% OF THE CONSTRUCTION COSTS OF $20,212 AND 59 CENTS OF UPTOWN TOURS SERIES 2021 FUNDS, UM, UH, FUND 24 30, UH, [00:35:01] FROM THE CITY, IS BUDGETED AS A CONTINGENCY FOR THE FINANCE PORTION OF CONSTRUCTION FOR MISSING SANITARY SEWER ALONG MARTINDALE AND MISTY SKY LANE. THIS SECTION OF SEWER LINE ON MARTINDALE, UH, WILL AFFECT BOTH PROJECTS THAT WE HAVE, UH, COMING ONLINE, UH, THAT IS CURRENTLY IN THE CONSTRUCTION PHASE. UM, THERE WAS A PROJECT PINEAPPLE SQUARE THAT WAS BEING DONE BY A DIFFERENT DEVELOPER UNDER THE TS EIGHT, UH, WHICH IS CURRENTLY NOT MOVING FORWARD, WHICH IS GONNA CAUSE THE MAIN, UM, LEG OF THE SEWER SYSTEM NOT TO BE CONSTRUCTED. OKAY. UH, ITEM FIVE C-H-C-D-D RECOMMENDS COUNCIL APPROVAL OF AN ORDINANCE AUTHORIZED IN A SECOND AMENDMENT TO A DEVELOPMENT AGREEMENT FOR THE CHODO PROGRAM BETWEEN THE CITY OF HOUSTON AND CHANGE HAPPENS DEVELOPMENT CORPORATION ONE, INCREASING THE MAXIMUM AMOUNT OF THE AGREEMENT FROM $2,100,000 TO $3,096,726 TWO PROVIDE UP TO $996,726. AND ADDITIONAL HOME INVESTMENT PARTNERSHIP DOLLARS SET ASIDE FUNDS FOR CONSTRUCTION COST INCREASES. THREE, ADD AN ADDITIONAL TWO LOTS TO INCREASE THE DEVELOPMENT TO 10 AFFORDABLE HOMES. CHANGE THE PROVISIONS REGARDING DEFINITIONS, AFFORDABILITY, PERIOD AND SALES CONTRACTS. AND FIVE, ALLOW UP TO $50,000 FOR CHOTO OPERATING EXPENSES. UH, CHANGE HAPPENS HAS COMPLETED FOUR HOMES HAVE TWO HOMES UNDER CONSTRUCTION, AND TWO ARE PENDING AND PERMITTING WITH AN ADDITION OF TWO HOMES OUT OF THIS ACTION. ITEM FIVE D-H-C-D-D RECOMMENDS COUNCIL APPROVAL OF AN ORDINANCE AUTHORIZING AN INTERCREDITOR AGREEMENT AND SUBORDINATION AGREEMENT FOR CHOTO SINGLE FAMILY, UH, THE CHOTO SINGLE FAMILY, UH, UH, COMMUNITY HOUSING DEVELOPMENT ORGANIZATION, UH, BETWEEN THE CITY OF HOUSTON AND HEART OF HOUSTON, UH, DEVELOPMENT CORPORATION TO ONE SUBORDINATE THE CITY'S LIEN TO THE SENIOR LENDER, WHICH IS AMEE BANK TO ACT AS BRIDGE FINANCING. AND TWO, AMEE BANK ACKNOWLEDGES THE LIEN IS SUBORDINATE TO THE CITY'S EXISTING RESTRICTIONS. AND THREE, ESTABLISH OTHER STANDARDS IN MISCELLANEOUS TERMS BETWEEN THE PARTIES. THIS CONCLUDES MY PRESENTATION. THANK YOU. COUNCIL MEMBER MARTINEZ. THANK YOU, CHAIRWOMAN. I JUST WANT TO HIGHLIGHT THE, UH, FIVE B, UM, IN, IN PARTNERSHIP WITH THE GULF GATE TOURS. UM, A LOT OF TIMES WE, YOU KNOW, WE SOMETIMES WE MISS THE BOAT, UM, IN TRYING TO BRING AFFORDABILITY BECAUSE WE FOCUS SO MUCH ON THE CENTRAL, KIND OF EAST, EAST END, NORTH SIDE, INSIDE OF THE LOOP. UM, AND I'VE HAD THIS CONVERSATION WITH THE HOUSTON HOUSING AUTHORITY AS WELL. I THINK WE NEED TO START THINKING OUTSIDE OF THAT SIX 10 LOOP, UM, IN ORDER TO MAKE SURE THAT WE ARE NOT, YOU KNOW, WE'RE MAKING SURE THAT THE, THE PRICE POINT FOR THOSE THAT LAND IS NOT SO HIGH, WE CAN BUILD AFFORDABILITY AND GET AHEAD OF THE CURVE RATHER THAN BUILDING A LOT OF THESE, UH, AFFORDABLE HO WHETHER IT'S MULTIFAMILY, SINGLE FAMILY, UH, 10 YEARS FROM NOW. BECAUSE NOW WE NEEDED TO BE AFFORDABLE. SO I APPRECIATE THE WORK THAT THE GULF GATE CHURCH IS DOING. UH, THIS, THIS PROJECT IS SPECIFICALLY IN DISTRICT D, UH, BUT PART OF GULF GATE CHURCH, WHICH IS D AND I AND, AND JUST WANNA SEE MORE OF THIS IN THE HOBBY AREA SPECIFICALLY. UM, YOU KNOW, AND THEN ALSO IN THE SOUTHEAST PARK PLACE, UH, HOWARD AREA AS WELL. UH, AGAIN, WE SHOULD, WE SHOULD GET AHEAD OF THE GAME AND NOT BE TRYING TO LOOK FOR FORWARD 10 YEARS FROM NOW. SO THANK YOU FOR THE WORK Y'ALL ARE DOING. ABSOLUTELY. THANK YOU. UH, I, IF, IF I MAY ADD, UM, I THINK IT'S VITAL, UM, EXACTLY WHAT YOU'RE TALKING ABOUT. SO, DEVELOPERS THAT ARE OUT THERE THAT IS LOOKING FOR AN OPPORTUNITY TO PARTNER WITH THE CITY, THIS IS A GREAT OPPORTUNITY TO STEP UP AND, AND, AND BRING PROJECTS TO THE FOREFRONT. COUNCIL MEMBER RAMIREZ. THANK YOU, MADAM CHAIR. OKAY. UM, CEDRIC, WITH REGARD TO SLIDE 35, UH, EXECUTING A MASTER CONTRACTOR AGREEMENT WITH, UH, A LIST OF CONTRACTORS HERE, DO, I DIDN'T SEE ALL OF THESE CONTRACTORS LISTED IN THE SLIDES THAT FOLLOW, IS THERE A CONNECTION, UH, BETWEEN THIS PARTICULAR SLIDE AND, AND THE ONES THAT FOLLOW IN SECTION FIVE? UH, SO THE COVER SHEETS ARE OFF, UH, BUT THE CONTRACTORS, IF YOU WANT ME TO GO AHEAD AND GO THROUGH THE LIST OF THEM, I CAN N NO, I'M, I, I'M NOT ASKING THAT NECESSARILY. UH, I DO WANT TO ASK YOU ABOUT ONE. OKAY. AND THAT IS, UH, MAYBERRY HOMES. OKAY. HOW, HOW MANY HOMES WERE THEY SUPPOSED TO BUILD AND HOW MANY DID THEY ACTUALLY END UP BUILDING UNDER THE MASTER CONTRACT AGREEMENT FOR HOME REPAIR? I DON'T HAVE THAT NUMBER, BUT I CAN DEFINITELY GET IT FOR YOU. OKAY. DO YOU KNOW OFF THE TOP OF YOUR HEAD WHETHER THEY WERE ABLE TO COMPLETE, UH, UH, THE HOMES THEY WERE SUPPOSED TO BUILD? SO THIS IS HOME REPAIR, SO WE HAVE A LOT OF THESE REPAIR CONTRACTORS THAT OVERLAP MULTIPLE PROGRAMS MM-HMM . SO, UM, [00:40:01] I CAN GET THOSE NUMBERS FOR HOME REPAIR FOR EACH OF THE, UH, BUILDERS AND PROVIDE THEM TO YOUR OFFICE AND I'LL PROVIDE IT TO THE ENTIRE COUNCIL. OKAY. ALRIGHT. UH, THAT'LL BE FINE. THANK YOU. OKAY. NEXT ITEM. THANK YOU. NO OTHER QUESTIONS IN THE QUEUE. WE CAN MOVE TO MULTIFAMILY. ALRIGHT. I'M GONNA TAKE A, A A POINT OF PRIVILEGE OF, WITH CEDRIC STANDING NEXT TO ME. I KNOW THERE'S BEEN A LOT OF CONVERSATION ABOUT THE STELLA LINK PROPERTY, AND I'D LIKE TO JUST BRING THIS UP NOW. IT'S NOT ON THE AGENDA. UM, WE DID A YEOMAN'S JOB OF, OF TALKING TO MANY, MANY DEVELOPERS ABOUT THIS PROPERTY. UH, I THINK WE HAD A MEETING WITH MORE THAN A HUNDRED DIFFERENT PEOPLE IN THE MEETING. UH, WE PUT OUT THE NOFO NOFO YES, SIR. AND WE ONLY RECEIVED THREE, UM, PROPOSALS. ONE WAS IN COMPLETELY INCOMPLETE AND THE OTHER TWO FAILED TO MEET THE GUIDELINES. UM, THE C-D-B-G-D-R REQUIRES 51% OF THE HOMES TO BE DEVELOPED TO BE SOLD TO FAMILIES AT 80% A MI OR BELOW. AND NEITHER PROPOSAL MET THIS FEDERAL REQUIREMENT. UH, FURTHER, YOU KNOW, THERE WAS A LOT OF DISCUSSION ABOUT THE TIMETABLE. SO WE'RE UNABLE TO MOVE FORWARD WITH DEVELOPING THE PROPERTY UNDER THE DISASTER RECOVERY PROGRAM. WE'RE WORKING DILIGENTLY WITH OTHER FUNDING TO SEE IF THERE ARE OTHER WAYS WE CAN DEVELOP AFFORDABLE HOUSING, SINGLE FAMILY HOUSING ON THIS PIECE OF PROPERTY. AND WE ARE WORKING AGAIN ON A PLAN FOR THAT, THAT WE'LL BRING BACK. GREAT. THANK YOU DIRECTOR FOR SHARING THAT. COULD YOU, UM, AS A COURTESY, JUST FOR THOSE IN THE ROOM THAT MAY BE NEW TO THIS ITEM? 'CAUSE WE USE A LOT OF ACRONYMS. BRIEFLY GIVE SOME BACKGROUND ON STELLA LINK. IT'S COMMON TO US. AND THEN MAYOR PRO TEM IS IN THE QUEUE AFTER ADDITIONAL COMMENTARY IF YOU WILLS. SURE. SO THIS IS PROPERTY THAT WAS PURCHASED, UM, UNDER THE DR 17 HARVEY, UM, GRANT. AND THE ORIGINAL PROPOSAL WAS TO BUILD HOMES ON THIS PROPERTY, UM, UNDER THE, UH, GL OS PROGRAM. WHAT WAS DISCOVERED THAT, UM, THE NUMBER OF UNITS, UM, WERE NOT GONNA WORK. SO, UM, THE INITIAL PLAN WAS TO SELL THE PROPERTY OFF AND REIMBURSE THE GLO FOR THIS ACTIVITY. UM, IN TURN WE HAD EXPRESSIONS FROM COUNSEL TO LOOK AT OPTIONS OF MAKING THIS ACTUALLY WORK IN PARTNERSHIP WITH THE GLO MM-HMM . UM, WHO GRANTED AN EXTENSION FOR US TO BE ABLE TO, UH, PUT OUT A NOFA A NOTICE OF FUNDING AVAILABILITY FOR THIS PROPERTY. UM, IN TURN WE HAD 132 PEOPLE THAT ATTENDED THE, UH, PREVIOUS CONFERENCE. AND OUT OF THAT CONFERENCE, WE HAD ONLY THREE PROPOSALS THAT CAME BACK. THANK YOU SO MUCH, MAYOR PROTO. I'M CURIOUS TO KNOW, DO WE HAVE ANY IDEA WHY, UM, IF THREE PEOPLE, ONLY THREE PEOPLE RESPONDED, IS IT THE THE THRESHOLD IS TOO HIGH FOR PROFITABILITY BASED ON WHAT WE NEED THE HOMES TO BE BUILT? I I WANNA MAKE SURE THAT, UM, AS WE LOOK AT LEGISLATION AND HOW WE NEED TO MAKE SURE THAT WE ARE WORKING ACROSS OUR STATE AND FEDERAL, WITH OUR STATE AND FEDERAL PARTNERS, THAT WHEN WE HAVE SOMETHING LIKE THIS, IF WE HAD 132 PEOPLE ATTEND THE CONFERENCE AND WE ONLY RECEIVED THREE PROPOSALS, THERE SEEMS TO BE A DISCONNECT SOMEWHERE. UM, AND HOW DO WE ADDRESS THAT? I KNOW THAT HUD HAS THEIR REQUIREMENTS, THE GLO HAS THEIR REQUIREMENTS, THE CITY HAS WHAT WE NEED TO MEET THE NEEDS FOR OUR PEOPLE. THERE SEEMS TO BE A DISCONNECT THERE BECAUSE I WAS REALLY HOPEFUL THAT WE WERE GOING TO COME BACK WITH AT LEAST 10 PROPOSALS AND SOMEWHERE WE COULD MEET THE DEADLINE AND MOVE FORWARD WITH THIS. CAN YOU SPEAK, SPEAK A LITTLE BIT TO THAT? SURE, ABSOLUTELY. SO THINGS THAT ARE, THAT, I GUESS THE REQUIREMENTS FOR THE ACTUAL PROGRAM. SO FIRST OF ALL, LIKE, UH, DIRECTOR NICHOLS SAID IS IT HAD TO MEET THE THRESHOLD OF 51% A MI. UM, WE WERE IN CONTENTION WITH THE PROPERTY, UH, THE, THE COST OF THE PROPERTY ALONG WITH THE CONSTRUCTION COST OF THE AMOUNT OF SUBSIDY THAT'S GONNA BE PROVIDED OF MEETING THE ACTUAL, UM, HUD THRESHOLD LIMITS. SO, YOU KNOW, IF YOU LOOK AT $13 MILLION THAT'S PURCHASED FOR THE PROPERTY AND THAT'S DIVIDED OUT OVER EVERY SINGLE LOT, YOU ARE ALREADY PROVIDING THAT AMOUNT OF SUBSIDY AUTOMATICALLY INTO EACH OF THE HOMES. SO ONE OF THE THINGS THAT WE LOOKED AT ON THAT CRITERIA IS, IS, YOU KNOW, YOU HAVE TO HAVE AT LEAST A MINIMUM OF A HUNDRED TO 150 HOMES THAT ARE GONNA BE ABLE TO, TO, TO BRING THAT SUBSIDY LEVEL DOWN. IF NOT, WE WILL BE [00:45:01] PUSHING UPON THE HUD THRESHOLD LIMITS, UH, FOR DEVELOPMENT OF THAT PROPERTY AND SUBSIDY THAT'S BEING PROVIDED IN. SO WHAT WOULD YOU SAY WE NEED TO DO TO MAKE IT MORE ATTRACTIVE TO MORE DEVELOPERS TO BE ABLE TO MEET THAT 51%, UM, THRESHOLD AND SO THAT WHEN WE HAVE SITUATIONS LIKE, I MEAN, THIS IS A, THIS IS A TREMENDOUS OPPORTUNITY FOR US TO PUT SINGLE FAMILY HOMES ABSOLUTELY. IN A GREAT LOCATION. HOW DO WE MAKE IT MORE PALAT PALATABLE FOR DEVELOPERS AND FOR US TO GET THOSE HOMES ON THE GROUND? UH, I THINK INFUSION OF MORE LOCAL DOLLARS INTO IT, UM, I CAN JUST, ONE THING I I I LEFT OUT IS THAT BECAUSE OF THE NUMBER OF UNITS THAT NEEDED TO BE BUILT ON THIS SITE, UH, IT DID OPEN UP FOR DAVIS BACON, WHICH IS, UH, I I DIDN'T HEAR YOU. IT OPENED UP DAVIS BACON. OKAY. UH, WHICH WOULD REQUIRE, UH, CERTAIN WAGE, UH, PROVISIONS TO BE, UM, INCORPORATED INTO THE PROJECT. SO FOR INSTANCE, YOUR ELECTRICIANS, YOUR PLUMBERS, YOUR FRAMERS, THEY ALL WOULD HAVE TO HAVE A CERTAIN THRESHOLD, UM, BASED ON A FEDERAL GOVERNMENT WAGE COMPLIANCE. THIS NOTEBOOK ALSO HAD A TIME REQUIREMENT THAT WAS VERY STRINGENT, THAT REQUIRED IN, I THINK IT'S THREE OR FOUR YEARS THAT THEY HAD TO NOT ONLY HAVE THE HOMES BUILT, BUT THEY HAD TO HAVE THEM SOLD AND OCCUPIED. RIGHT, RIGHT. AND YOU KNOW, PERHAPS AGAIN, AS WE TALK ABOUT DISASTER RELIEF MONEY, THE IDEA OF GETTING IT FOUR YEARS LATE, BUT IT STARTS AT THAT DATE, IT DOESN'T MAKE SENSE. WE OUGHT TO FIND WAYS TO GET DISASTER RELIEF MONEY IMMEDIATELY, NOT LATER. SO I WOULD PUT THAT NUMBER ONE ON THE LIST AND ABOUT THE TIMELINE. UM, AND AGAIN, WITH THE NEW PLAN, WE'RE HOPEFUL THAT WE'LL BE ABLE TO, UM, BUILD AND I, I FEEL CONFIDENT ABOUT IT, THAT WE'LL BE ABLE TO USE THIS FOR AFFORDABLE SINGLE FAMILY HOMES. SO THE GOOD NEWS IS WE STILL WILL BE ABLE TO HAVE THOSE SINGLE FAMILY HOMES ON THE GROUND IN THAT GREAT LOCATION FOR RESIDENTS IN HOUSTON TO ACTUALLY PURCHASE A SINGLE FAMILY HOME. SO I'M, I I APPRECIATE THAT BECAUSE WHEN WE PULLED THIS LOT OUT OF THE ORIGINAL PLAN, THE GOAL IS TO MAKE SURE WE HAVE THESE SINGLE FAMILY HOMES ON THE GROUND FOR RESIDENTS TO BE ABLE TO PURCHASE. SO I'M HAPPY THAT WE ARE CONTINUING THAT CONVERSATION. I KNOW THAT ONE OF THE OPTIONS WAS IF WE CAN'T MEET THESE STRINGENT TIMELINE GOALS, WE NEED TO FIND ANOTHER WAY TO GET THESE SINGLE FAMILY HOMES BUILT. SO THANK YOU FOR CONTINUING THAT CONVERSATION TO MAKE SURE WE ACTUALLY HAVE A GOOD, SOLID PRODUCT THAT PEOPLE CAN ATTAIN, UM, AND THAT WE CAN PROVIDE MORE SINGLE FAMILY HOUSING IN THE CITY OF HOUSTON. THANK YOU, COUNCIL. THAT IS OUR GOAL. I CAN'T, NOT A COMMITMENT, BUT THAT'S OUR GOAL. , WE'LL BE BACK WITH THE, WITH THE DETAILS. COUNCIL MEMBER POLLARD. THANK YOU MADAM CHAIR AND GOOD MORNING TO EVERYONE. GOOD MORNING. UM, I'M GLAD YOU BROUGHT UP THE, THE STELLA LINK, UH, PROPERTY. 'CAUSE THAT TOO, I THOUGHT WAS AN INCREDIBLE OPPORTUNITY FOR US. UH, AND I KNOW YOU SAID YOU HAVE, UM, BEEN DISCUSSING ON HOW TO, UM, FULFILL THE COMMITMENT FOR AFFORDABLE HOUSING, SINGLE FAMILY, AFFORDABLE HOUSING. UM, HAVE WE REACHED OUT TO THE DEVELOPMENT COMMUNITY AND ASKED THEM, YOU KNOW, WHAT WOULD IT TAKE OR WHAT WOULD BE NEEDED TO BE ABLE TO DEVELOP ON THAT PROPERTY? IT SEEMS LIKE WE HAVE TO HAVE, UM, AT LEAST SOME IDEAS RIGHT NOW. I HAVEN'T HEARD ANY IDEAS ON ANYTHING THAT, THAT BRINGS MUCH CONFIDENCE THAT WE'LL BE ABLE TO GET IT DONE IN A TIMELY FASHION. SO THE PROPERTY IS SITTING THERE AND WE KNOW WE HAVE CERTAIN THRESHOLDS AND REQUIREMENTS THAT MUST BE MET. UM, ARE PEOPLE PUTTING OUT IDEAS OR PROPOSALS THAT, HEY, WE CAN DO IT, BUT THIS IS WHAT WILL BE NEEDED. AND THEN FROM THE CITY STANDPOINT, TRYING TO FIND A WAY TO CLOSE THAT GAP. YES. AND WE'RE, WE'RE CURRENTLY WORKING ON THAT NOW, UM, TO FIGURE OUT, YOU KNOW, SOME ALTERNATIVES TO BE ABLE TO USE THAT PROPERTY FOR SINGLE FAMILY. UH, THERE ARE REQUIREMENTS, UM, UNDER OUR CHAPTER 42 AND, YOU KNOW, DETENTION REQUIREMENTS MM-HMM . THAT ALL ARE GONNA COME INTO PLAY ON THIS PROPERTY. AND IN CHAPTER 42, THOSE, THOSE REQUIREMENTS, UH, ARE, ARE SUBJECT TO WHICH BODY, UM, WHOEVER IS, WHOEVER IS SELECTED AS A DEVELOPER TOO. I MEAN WHOEVER WHO UH, NO, THAT'S LOCAL. THAT'S HOW LOCAL. LOCAL, SO US, RIGHT? YES. CORRECT. ALRIGHT, SO WHEN, WHEN, WHEN THE, WHEN THE BODY THAT THAT IS OVER CERTAIN ORDINANCES OR CODES, UH, IS IN THE DISCUSSION OF HOW TO FIND A WAY TO THINK OUTSIDE THE BOX TO MAKE IT HAPPEN. ABSOLUTELY. THEN, UH, LET'S BE AS FLEXIBLE AS WE CAN WITH THE BODY THAT OVERSEES IT. ABSOLUTELY. OKAY. THANK YOU. VICE [00:50:01] CHAIR DAVIS. THANK YOU MADAM CHAIR. APPRECIATE IT. I JUST WANTED TO TAKE THE MOMENT THAT, THAT I HAD TWO PARTICULARLY INTEREST. ONE WAS THANK YOU FOR YOUR PRESENTATION TODAY, BUT ONE WAS WITH THE MAYOR PRO TEM TALKING ABOUT THE, THE MINIMUM AMOUNT OF PEOPLE WHO WERE, WHO CAME OUT TO IN THIS MEETING PROCESS. RIGHT. AND YOU SAID IT WAS ONLY THREE? YES, SIR. THAT APPLIED. THAT APPLIED. OKAY. IS THERE, IS THERE, IS THERE SOME REALLY REASON THAT YOU COULD SUGGEST, 'CAUSE I GET A CALLS FROM SEVERAL PEOPLE AND I THINK I'M MORE CONCERNED ABOUT THE APPLICATION PROCESS, BUT THE SELECTION OF THE PROCESS TOO. SO CAN YOU HELP ME WITH THAT IN TERMS OF, THAT MAY BE LEANING TOWARD WHY THE APPLICATIONS WERE SUCH A MINIMAL? I, I BELIEVE THAT IT'S, YOU KNOW, JUST THE TIMING OF THE PROJECT ON HOW QUICK IT HAS TO BE DONE. UM, YOU KNOW, THE, THE, THE ACTIVITY WOULD NOT BE DEEMED COMPLETE UNTIL EVERY SINGLE HOME IN THAT ACTIVITY IS, IS CONSTRUCTED AND SOLD OFF. SO OF MEETING THAT THRESHOLD THAT THE GLO HAS, UM, ON THIS PROGRAM, UM, I THINK IT'S GONNA WELL, IS CREATING A VERY, VERY TIGHT TIMELINE AND FOR FOLKS TO BE ABLE TO GET INTO THAT BOX ALONG WITH DAVID BACON, UM, ALONG WITH, YOU KNOW, THE CITY REQUIREMENTS, UH, UM, ALONG WITH, YOU KNOW, COST THAT'S ASSOCIATED WITH IT AND, AND PROFITABILITY. UM, YOU KNOW, A LOT OF DEVELOPERS THAT ARE OUT THERE NOW IS, YOU KNOW, WHEN OUR AVERAGE MEDIAN HOME PRICE THAT ARE SELLING FOR 355,000, THEY'RE SAYING THAT THEY'LL, THEY'LL RATHER TAKE THEIR CHANCES IN THE MARKET ON THEIR OWN. LET ME ADD ONE OTHER PIECE OF GOOD NEWS FROM THIS. UH, AS YOU KNOW, WE WILL BE REQUIRED TO PAY BACK THE AMOUNT OF MONEY WE, THAT WE BOUGHT BEFORE, WHICH WE BOUGHT THE PROPERTY TO THE GLO. UH, HOWEVER, WHEN WE DO THAT AND WHEN WE PAY BACK THE RELOCATION FUNDING FOR THEM THAT IT'S USED FOR, UM, THEY WILL THEN RETURN AN EQUAL AMOUNT TO THE CITY FOR OUR HOMEOWNERS ASSISTANCE PROGRAM. SO BECAUSE OF THIS IMPROVED RELATIONSHIP WITH THE GLO, IT'S, UH, ALTHOUGH WE WON'T MAKE THEIR GUIDELINES FOR THIS PIECE OF PROPERTY, THE MONEY WILL COME BACK FOR DOWN PAYMENT ASSISTANCE, DOWN PAYMENT ASSISTANCE, DOWN PAYMENT ASSISTANCE. SO IT'S GONNA OPEN FOR OPPORTUNITY. UM, AND WE'RE LOOKING AT THE THRESHOLD LIMITS FOR THAT AS WELL. OKAY. AND THEN COUNCIL RAMIREZ IS IN THE QUEUE, BUT UH, THANK YOU FOR SHARING THAT, THAT'S SO IMPORTANT. UH, THEY ARE, WE STILL GOING TO, UM, UM, UH, DISTRIBUTE THAT AT THE $50,000 LEVEL THAT WAS PRESENTED TO THIS BODY. UM, WE'RE IN CONVERSATIONS WITH THE GLO TO INCREASE THAT AMOUNT TO 1 25 . EVERYBODY GET A HOUSE. EVERYBODY GET A HOUSE ON 1 25. ALRIGHT. COUNCIL MEMBER RAMIREZ. YES. THANK YOU. LAST, LAST, UH, AREA HERE REGARDING CHANGE HAPPENS, AND I THINK THIS IS SLIDE 42, CHANGE HAPPENS, C, DC, UH, NUMBER FOUR ON THE SLIDE, CHANGE PROVISIONS REGARDING DEFINITIONS, RECAPTURE AFFORDABILITY PERIOD, AND SALES CONTRACTS. CAN YOU TELL US WHAT THOSE NEW PROVISIONS WILL BE AFTER THE CHANGE? YEAH, SO, SO ONE OF THOSE THINGS, UM, IN PARTICULAR IF YOU LOOK AT, UH, I DON'T KNOW IF IT'S THE NEXT SLIDE, UH, BUT IT LOOKS AT THE AFFORDABILITY PERIODS. UH, WE'VE PUT THOSE IN LINE WITH THE HUD REQUIREMENTS THAT ANY HOME THAT IS 40,000 OR MORE IN ASSISTANCE GET A 15 YEAR, UH, AFFORDABILITY PERIOD. SO THOSE ARE SOME OF THE CHANGES TO ALIGN WITH ACTUAL HUD UH, GUIDELINES FOR THIS PROGRAM. SO IS THE AFFORDABILITY PERIOD INCREASED OR, OR DECREASED? IT'S ACTUALLY DECREASED. IT'S DECREASED, YES. FROM A 20 YEAR AT $40,000, UM, TO A 15 YEAR, WHICH ALIGNS WITH, UM, THE HOME PROVISION RULES. AND WHY, WHY IS IT IMPORTANT TO ALIGN, UM, LOOKING AT ACTUAL COST TO MONITOR FOR A 20 YEAR PERIOD? UM, THERE IS A COST THAT'S ASSOCIATED WITH STAFFING. THERE'S A COST THAT'S ASSOCIATED WITH MONITORING AND MAKE SURE THAT THOSE, UH, CONTRACTS ALIGN FOR THE 20 YEAR, UH, PROVISION. SO YOU'RE SAYING WE, WE JUST, WE CAN'T HANDLE MONITORING FOR A LONGER AFFORDABILITY PERIOD OR, WELL, WE ARE, THERE'S A STAFFING COST THAT'S ASSOCIATED WITH IT, SO WE WILL CONTINUE TO BORROW DOLLARS, UM, FROM, YOU KNOW, YEARS TO COME TO CONTINUE TO MONITOR THAT PROGRAM. THANK YOU. THANK YOU. WE CAN MOVE ON TO THE NEXT SECTION. MULTIFAMILY, THANK YOU SO MUCH. THANK YOU. THANK YOU CEDRIC. AND CALLING RYAN BIBBS, OUR DEPUTY ASSISTANT DIRECTOR. RYAN JUST RECENTLY WAS PROMOTED TO THIS AND WAS PROUD OF HIM [00:55:01] AND HIS GOOD WORK. AND, UH, DEEPLY INDEBTED TO YOU, RYAN. THANK YOU. THANK YOU VERY MUCH. UH, WHAT'S THE NEW TITLE SO I CAN, WE CAN ADDRESS YOU APPROPRIATELY. WHAT'S THE NEW TITLE? . MR. BOSSMAN STILL CORRECT. OKAY. DEPUTY ASSISTANT. OKAY. CONGRATULATIONS. GO AHEAD. THANK YOU. UH, NEXT ITEM HERE IS SIX A. UH, THE HOUSING COMMUNITY DEVELOPMENT DEPARTMENT IS RECOMMENDING CITY COUNCIL APPROVAL OF AN ORDINANCE AUTHORIZING $3 MILLION OF HOME INVESTMENT PARTNERSHIP FUNDS FOR AN AGREEMENT BETWEEN THE CITY OF HOUSTON AND HTG RUSHMORE, LLC RELATED TO THE ACQUISITION AND CONSTRUCTION COSTS. UH, FOR, FOR THIS NEW DEVELOPMENT, THIS NEW DEVELOPMENT WILL BE LOCATED AT 800 HIGHWAY SIX SOUTH HOUSTON, TEXAS 7 7 7 0 7 9. NEXT SLIDE. THIS APPROVAL ACCOMMODATES THE REQUEST TO DEVELOP THE RUSHMORE, THE RUSHMORE, WHICH WILL BE A 101 UNIT MIXED INCOME PROPERTY MIXED WITH INCOMES THAT WILL INCLUDE, UH, 30% AMIS, 50% AMIS, AND 80% AMIS, AS WELL AS MARKET RATE RENTALS. THIS DEVELOPMENT WILL SIT ON A 3.47 SIZE PAR ACRE SIZE PARCEL. NEXT SLIDE. UH, THE AFFORDABILITY PERIOD FOR THIS PROJECT WILL BE FOR 20 YEARS, AND THE BORROWER WILL PAY AN ANNUAL INTEREST PAYMENT, UH, FROM THE AVAILABLE CASH FLOW ANNUALLY EACH YEAR. NEXT SLIDE. HERE'S A RENDERING OF THE PROPERTY. NEXT SLIDE PLEASE. AND HERE IS A MAP JUST SHOWING, SHOWING THE LOCATION OF THE PROJECT. NEXT SLIDE. HERE'S A BREAKOUT OF THE SOURCES AND USES. AS YOU CAN SEE, THE CITY'S INVESTING $3 MILLION INTO A, UH, PROJECT, TOTAL DEVELOPMENT COST OF 32000000.9. NEXT SLIDE PLEASE. HERE WAS A SLIDE DESCRIBING THE UNIT MIX OF THE DEVELOPMENT. AGAIN, THIS PROJECT HAS 30% AM I 50% SIXTIES AND MARKET RATE. IT WILL INCLUDE ONE BEDROOMS, TWO BEDROOMS, THREE BEDROOMS AS WELL. UH, THE DEVELOPER HOUSING TRUST GROUP HAS BEEN A DEVELOPER OF AFFORDABLE MULTI-FAMILY HOUSING FOR MORE THAN 25 YEARS. UH, IS A FULLY INTEGRATED PLATFORM THAT INCLUDES DEVELOPMENT, FINANCE, ACCOUNTING, LEGAL, COMPLIANCE, CONSTRUCTION MANAGEMENT, AS WELL AS ASSET MANAGEMENT. AND WE HAVE REPRESENTATIVES PRESENT IN OUR AUDIENCE FROM HTC AS WELL. I'M GONNA MOVE ON NOW. OKAY. UH, NEXT ITEM HERE, UH, IS, UH, BOULEVARD 61. THIS DEVELOPMENT CONSISTS OF A HUNDRED MIXED USE, UH, MIXED INCOME UNITS TARGETING LOW TO MODERATE INCOME FAMILIES LOCATED IN CLOSE PROXIMITY TO THE GALLERIA, PUBLIC TRANSIT PARKS, GROCERY STORES, UH, BANKS, RESTAURANTS, A LIBRARY, AS WELL AS VERY IN CLOSE PROXIMITY TO, UH, MAJOR STATE HIGHWAYS SUCH AS 69 AND 16. NEXT SLIDE PLEASE. WE'RE REQUESTING AN ORDINANCE AUTHORIZING $2.5 MILLION IN THE HOME INVESTMENT PARTNERSHIP PROGRAM FUNDS FOR AN AGREEMENT BETWEEN THE CITY OF HOUSTON AND HOUSTON AND DMA HOUSING FOR THE DEVELOPMENT OF BOULEVARD 61. THIS PROJECT WILL BE LOCATED AT 6 1 0 1 RICHMOND AVENUE, HOUSTON, TEXAS 7 7 0 5 7. NEXT SLIDE. THANK YOU. THERE WILL BE AN AFFORDABILITY PERIOD FOR 20 YEARS. UM, FOLLOWING COMPLETION OF THE THIS PROJECT, THE BORROWER WILL, THE BORROWER WILL PAY AN ANNUAL INTEREST PAYMENT OF 1%. NEXT SLIDE PLEASE. HERE'S A RENDERING OF THE PROJECT. NEXT SLIDE, PLEASE. UH, HERE'S A, A MAP OF THE PROJECT JUST SHOWING THIS LOCATION A PART OF TOWN AND IT'S LOCATED IN. NEXT SLIDE. HERE'S A SLIDE OF THE UNIT MIX. THE PROJECT WILL HAVE 30% AMIS, 50%, 60% AMIS, AS WELL AS, AS WELL AS EIGHTIES AND MARKET RATES AS WELL. NEXT SLIDE PLEASE. AND HERE'S A BREAKOUT OF THE SOURCES AND USES, UH, HERE ALSO SHOWING THE, UH, INVESTMENT FROM THE CITY OF HOUSTON AT $2.5 MILLION FOR A TOTAL DEVELOPMENT COST OF 34.8 MILLION. NEXT SLIDE, PLEASE [01:00:03] AVAIL. THIS DEVELOPER'S IS, UH, THE NAME OF THIS DEVELOPER IS DMA DEVELOPMENT AND THEY ARE BASED IN AUSTIN AND HAS OVER OVER 30 YEARS OF EXPERIENCE IN AFFORDABLE HOUSING. AND AS WELL, THE REPRESENTATIVES FROM DMA ARE IN OUR AUDIENCE FOR TODAY. SHARE THE NEXT TWO PROJECTS. UH, WE'RE GONNA HAVE ANNIE PRODA COME UP AND, UH, DESCRIBE, UH, THE, THE NEXT TWO PROJECTS FOR US. SURE. THANK YOU. THANK YOU. AS AMY WALKS UP, UH, JUST I THINK THESE ARE IMPORTANT SLIDES FOR FOLKS TO UNDERSTAND TO GET AFFORDABLE HOUSING. THANK YOU. I KNOW YOU'RE NOT AMY , UM, IS TO GET AFFORDABLE HOUSING, HOUSING WITH ADEQUATE AFFORDABILITY FOR PEOPLE WITH WHO ARE, UM, IN THE 50% AND BELOW A MI, IT TAKES A LOT OF SUBSIDY AND I'LL GO THROUGH THAT WITH YOU. AND I THINK THERE'S BEEN PUBLIC CONFUSION ABOUT HOW YOU GET AFFORDABLE HOUSING AND THE DIFFERENCE BETWEEN HIGHLY AFFORDABLE HOUSING THAT 50% BELOW AND AFFORDABLE HOUSING AT ONE 20% OR A HUNDRED PERCENT AND BELOW. THANK YOU ABS. ABSOLUTELY. AND, UH, BIG SHOES TO FILL HERE WITH, UH, UH, SITTING IN FOR RYAN. BUT, UM, MORNING, UH, MADAM, UH, CHAIR AND, AND COUNCIL MEMBERS. MY NAME IS ANDY BRODA. THANK YOU. IM FROM BRACEWELL, UH, LLP. WE ARE BOND COUNCIL TO THE HOUSTON HOUSING FINANCE CORPORATION, WHO WOULD BE THE ISSUER OF THE BONDS. UH, JUST FOR A LITTLE BACKGROUND, THE HOUSTON HOUSING FINANCE CORPORATION IS A NONPROFIT CORPORATION, WAS CREATED BY THE CITY COUNCIL IN 1979. UM, HAS ISSUED A SUBSTANTIAL NUMBER OF MULTIFAMILY HOUSING BONDS OVER ITS, UH, EXISTENCE. THE BOARD MEMBERS ARE ALL APPOINTED BY THE, THE MAYOR WITH THE, UH, APPROVAL OF THE CITY COUNCIL. UM, THE, UH, THE BONDS THAT ARE ISSUED BY THE HOUSTON HOUSING FINANCE CORPORATION ARE CONDUIT BONDS. THEY ARE BONDS THAT ARE PAID SOLELY FROM THE REVENUES THAT ARE PLEDGED TO THEIR SOURCES. THEY'RE NOT IN ANY WAY A DEBT OF OR AN OBLIGATION OF THE CITY. THE CITY AND THE HFC ARE REQUIRED TO BE INDEMNIFIED BY THE NON-PRO OR THE, UH, THE DEVELOPERS OF THE, THE PROJECTS, UH, FULLY AGAINST ANY COST OR EXPENSES. AND THE CITY HAS NO OBLIGATION OR, UH, REQUIREMENT TO MAKE ANY SORT OF PAYMENT ON THE BONDS. UM, UNDER THE, THE REASON WE'RE SITTING HERE IN FRONT OF YOU TODAY IS THAT UNDER THE ARTICLES OF INCORPORATION AND THE BYLAWS OF THE, UH, THE HOUSING FINANCE CORPORATION, THIS CITY COUNCIL IS REQUIRED TO APPROVE THE BONDS, UH, AND, AND UNDER FEDERAL TAX LAW FOR THE BONDS TO BE TAX EXEMPT. THE INTEREST ON THE BONDS TO BE TAX EXEMPT CITY COUNCIL AS THE APPLICABLE ELECTED REPRESENTATIVE ON OVERSEEING THE HOUSING FINANCE CORPORATION HAS TO APPROVE THE CONDUCTION OF A PUBLIC HEARING THAT WAS HELD IN CONNECTION WITH THE, THE ISSUANCE OF THE BONDS. SO, WITH THAT BACKGROUND, JUST TO KIND OF GO INTO THE SLIDES WE HAVE HERE, UM, THE FIRST ONE IS A PROJECT CALLED ALCOTT VILLAGE, UH, FORMERLY KNOWN AS THE SUMMIT AT BENNINGTON. IT'S A 248 UNIT REHAB. UH, IT WILL INVOLVE THE ISSUANCE OF 35, OR, I'M SORRY, 25.5, UH, MILLION DOLLARS OF BONDS. UM, IT'S A, UH, PROPERTY AGAIN, IT'S A REHAB PROPERTY ALREADY IN EXISTENCE ON, UH, BENNINGTON STREET IN DISTRICT B. THE TOUGHER NOTICE FOR THIS PROJECT WAS PUBLISHED IN JULY, JULY 15TH, 2024, AND THE HEARING WAS HELD JULY 24TH. UM, THE BONDS WOULD BE ISSUED EXPECTED AROUND OCTOBER OF 2024, AGAIN, IN A MAXIMUM AMOUNT OF 25 AND A HALF MILLION, WITH THE PROCEEDS TO BE LOANED TO THE DEVELOPER. ROS, UH, THE NAME OF THE PROJECT HERE, R ROS HOUSTON APARTMENTS OWNERS TO LIMITED PARTNERSHIP. AND A, A REPRESENTATIVE OF ROES IS HERE IF THERE ARE ANY QUESTIONS ABOUT THE SPECIFIC DEVELOPMENT. QUICK PAUSE. COUNCIL MEMBER RAM RAMIREZ. ARE YOU IN THE QUEUE ABOUT THIS ITEM? ABOUT ALCO? YOU KNOW, ACTUALLY IT WAS ON AFFORDABILITY, UH, AND I THINK RYAN WAS THE SPEAKER ON THAT. SO, YEAH. SO THEN MAYOR PRO TIM'S ON THIS ITEM. CAN I BRING RYAN RYAN UP AFTER THAT? MAYOR PROTI. TIM, MY QUESTION ON THIS, IS THIS A TAX EXEMPT, UM, PROPERTY? THE PROPERTY, SORRY, IS THIS ON? YEP. THE, THE PROPERTY WOULD BE PROPERTY TAX EXEMPT, NOT THROUGH THE OWNERSHIP OF THE HOUSTON HOUSING FINANCE CORPORATION, BUT BECAUSE THE HARRIS COUNTY HOUSING FINANCE CORPORATION WOULD BE THE LANDOWNER AND GENERAL PARTNER ON THE PROPERTY. OKAY. AND THEN ANOTHER, ANOTHER QUESTION IS NOT SPECIFICALLY ABOUT THIS, BUT HOW DO WE, AND WE CAN PROBABLY TALK ABOUT THIS, UM, LATER, DIRECTOR, BUT, UM, HOW DO WE CONTINUE TO ATTRACT PEOPLE TO DO MORE OR REHABS? UM, I THINK THE BIG ISSUE WE HAVE WITH AFFORDABLE HOUSING AND MAKING SURE PEOPLE HAVE GOOD QUALITY PLACES TO LIVE, EVEN [01:05:01] WHEN, UM, YOU KNOW, THEY ARE RECEIVING ASSISTANCE, IS, UM, WE HAVE TO TURN THESE PROPERTIES OVER. UM, MOST OF THESE PROPERTIES ARE SO OLD, UM, AND PEOPLE WANT SOMEWHERE NICE TO LIVE. IF WE CAN ATTRACT MORE DEVELOPERS, UM, TO HELP US WITH REHABS, UM, I MEAN, LAND IS NOT INFINITE. UM, BUT IF WE CAN TAKE SOME OF THOSE OLDER PROPERTIES AND REHAB THOSE, THEN PEOPLE HAVE BETTER PLACES TO LIVE. WE'VE BEEN PUSHING REHABS AS A, AS A BODY, UM, FOR YEARS, AND WE HAVE TO FIND A WAY TO REALLY ATTRACT PEOPLE TO REHAB THESE PROPERTIES AS OPPOSED TO USING OUR LAND TO BUILD MORE BIGGER, UM, AFFORDABLE, UH, MULTIFAMILY PROPERTIES. WE, WE'LL, I AGREE WITH YOU. I AGREE A HUNDRED PERCENT WITH YOU. UH, WE'VE BEEN TRYING TO CONTINUE TO WORK THROUGH THAT. IT IS A BALANCING ACT. UM, ONE OF THE EXAMPLES WE LEARNED THROUGH HURRICANE BERYL ABOUT A, A FACILITY THAT NEEDS REHAB AND THE POINT, THE THING THAT IT HAS TO HAVE, IT HAS TO CONTINUE TO BE HIGHLY, HIGHLY AFFORDABLE. RIGHT NOW, THE RENT'S A 300 TO $500, AND THE PEOPLE LIVING THERE ARE, ARE LIVING ON SOCIAL SECURITY DISABILITY FOR THE MOST PART, WHICH, AS YOU KNOW, IS PHENOMENALLY LOW. YOU KNOW, IT'S VERY DIFFICULT TO DO THAT. SO WE HAVE THAT BALANCING ACT THAT WE HAVE TO DO, BUT THOSE PEOPLE DESERVE QUALITY HOUSING ALSO. WELL, I'D LIKE FOR US TO CONTINUE TALKING ABOUT IT AND MAKING SURE DEVELOPERS KNOW. UM, AND EVERYONE AROUND THE HORSESHOE WILL CONTINUE TO PUSH, UM, FOR REHABS, BECAUSE I, I THINK IT'S, IT'S A BIG ANSWER TO A LOT OF THE QUESTIONS AND THE PROBLEMS THAT WE CONTINUE TO SEE AROUND THIS HORSESHOE WITH DILAPIDATED, UM, PLACES THAT PEOPLE ARE LIVING IN. UM, IF WE CAN GET SOME ADDITIONAL DOLLARS TO GO AHEAD AND MAKE THOSE REHABS A REALITY CONCUR, AND WE CAN COMPLETE THE SECOND PROJECT. AND THEN I'LL CALL RYAN BIBBS UP TO ADDRESS COUNCIL MEMBER RAMIREZ'S INCUR ABOUT AFFORDABILITY. OKAY. I WILL MOVE ON TO THE SECOND ONE THEN. IT'S, UH, THE SECOND PROJECT IS A PROJECT CALLED EMILY AT MESA GARDENS. UH, IT IS A 300 UNIT APARTMENT COMPLEX. THIS ONE WOULD BE A NEW CONSTRUCTION, UH, . SO, UH, IT WOULD, UH, ALSO INVOLVE THE, UH, THE ISSUANCE OR THE, JUST LIKE THE, UH, THE BENNINGTON OR THE ALCOTT PROJECT, I'M SORRY, UM, WOULD INVOLVE THE, UH, THE ISSUANCE OF, UH, LOW INCOME HOUSING TAX CREDITS THAT'LL REQUIRE THE PROJECT TO BE A HUNDRED PERCENT AFFORDABLE. UH, THIS ONE INVOLVES $35 MILLION OF, UH, MAXIMUM, THE MAXIMUM AMOUNT OF BONDS WOULD BE LOCATED IN DISTRICT B. UM, TEER NOTICE WAS PUBLISHED JULY 15TH, AND THE HEARING WAS HELD JULY 24TH. AND THERE IS ADDITIONALLY NO FUNDING FOR THIS PROJECT FROM THE CITY. UM, EVERYTHING ELSE I SAID ABOUT THE CORPORATION STANDS FOR THIS AS WELL, AND DEVELOPERS IN THE, IN THE AUDIENCE HERE, IF THERE ARE ANY QUESTIONS REGARDING THE, THE PROJECT. THANK YOU. AND JUST FOR, UM, HISTORICAL CONTEXT, COLLEAGUES, YOU MAY REMEMBER THIS ITEM CAME BEFORE THIS BODY PREVIOUSLY TO ADOPT THE RESOLUTION AS A PROJECT. UM, AND COUNCIL MEMBER JACKSON WAS IN FULL OF SUPPORT AND WAS WORKING DIRECTLY WITH THE DEVELOPER AND HAVING CONVERSATIONS IN DISTRICT B. SO, UM, THIS IS FOR THE, UH, RESOLUTION TO APPROVE THE ISSUANCE OF THE BOND, BUT THIS IS NOT A NEW ITEM TO THIS BODY. UM, THANK YOU SO MUCH, RYAN. THANK YOU. AS RYAN COMES UP IN THE AUDIENCE TODAY WITH US IS REDICK REDDICK EDWARDS, WHO IS THE CHAIRMAN OF THE HOUSTON HOUSING FINANCE CORPORATION. UH, I THINK ROGER MUDD IS OUT OF TOWN TODAY, BUT JUST TO MENTION, THANKS FOR HIS EFFORTS. COUNCIL MEMBER RAMIREZ. YES, THANK YOU, MADAM CHAIR. THANKS FOR COMING BACK, RYAN. SO, I JUST HAD A QUESTION ABOUT THE AFFORDABILITY. UH, I THINK IT'S 20 YEARS FOR BOTH THESE PROJECTS. MM-HMM . YES. AND, UM, WHAT I, IS THE, UH, AFFORDABILITY PERIOD FOR 9% TAX CREDIT DEALS SUPPOSED TO BE 35 YEARS, OR HOW, HOW, HOW DOES THAT WORK? UH, FOR TAX CREDIT DEALS, IT'S GONNA BE, IT IS A 35 YEARS, BUT OUR, THIS IS, UM, WE'RE USING NEW, WE'RE USING HOME FUNDING. WE WERE USING DR 17 FUNDING BEFORE. THIS IS NEW FUNDING THAT WE'RE USING HOME. I'M SORRY, I DIDN'T, I DIDN'T HEAR YOUR LAST SENTENCE. COULD YOU REPEAT THAT? WE'RE USING HOME FUNDING NOW, AND THE HOME FUNDING, THE AFFORDABILITY REQUIREMENT IS 20 YEARS FOR, FOR NEW CONSTRUCTION AND THEN 15 YEARS FOR, FOR REHAB. SO WITH THE NEW FUNDING THAT WE ROLLED OUT IN OUR NEW NOFA USING ON THE HOME PARTNERSHIP FUNDING, WE'RE, WE'RE SWITCHING OVER TO USING 20 YEARS FOR AFFORDABILITY. BUT YOU'RE RIGHT. PREVIOUSLY WE'VE USED 40 YEARS FOR DR 17 PROJECTS. OKAY. THAT MAY BE WHAT YOU'RE REMEMBERING. ALRIGHT, THANK YOU. ALRIGHT, THANK YOU SO MUCH. UH, IT LOOKS LIKE THIS COM COMPLETES THE, UH, DIVISION PORTION, UH, DIRECTOR, [01:10:01] I BELIEVE THAT YOU ARE UP NEXT FOR DIRECTOR COMMENTS AND INTRODUCTION OF WHICH ONE DO YOU WANNA DO FOR, UH, DR. 17 RECAP, OR HOW DO YOU WANNA GO INTO AUTHORITY? OKAY, HERE WE GO. UM, THE SLIDE TELLS IT ALL. YEAH. LET'S DO DR. 17. SURE. AND I'LL, AND LET'S DO THAT. UM, SHOULD WE DO OUR DIRECTOR? YEP, OUR DIRECTOR. ALRIGHT. AND THEN MS. JONES WILL COME AND DO THE DR 17. THANK YOU. PERFECT. UH, DIRECTOR COMMENTS. UM, OH, NO, I'M GONNA DO IT DIFFERENTLY. LET'S DO DR SEVEN. UH, LET'S, WHAT'S THE NEXT SLIDE? I'M SORRY. THEN IT'S YOUR COMMENTS. ALL RIGHT, LET'S DO, THEN WE, LET'S DO THE DR 17, THEN I'LL DO OUR COMMENTS. SURE. THANK YOU. YEAH, SURE. THANK YOU. GOOD MORNING, MS. JONES. CAN WE, UH, FLIP TO THE NEXT SLIDE? GOOD MORNING EVERYONE. I DO WANNA START OFF BY GIVING EVERYONE, SINCE IT HAS BEEN A COUPLE OF MONTHS SINCE WE SPOKE LAST, JUST TO GIVE YOU AN UPDATE OF WHAT THE DEPARTMENT HAS BEEN WORKING ON SINCE WE LAST SPOKE. WE ARE NOW ENTERING THE LIGHT AT THE END OF THE TUNNEL PHASE WITH OUR DR 17 GRANT. THAT LIGHT IS SHINING BRIGHTER AND BRIGHTER AS THE DAYS, UH, PROGRESS. SO WHAT YOU'LL SEE IN THIS CHART IS THOSE PROGRAMS THAT ARE SLATED TO CLOSE OUT HERE AT THE END OF THIS MONTH ARE OUR HOPE PROGRAM, WHICH WE ARE BEGINNING THE CLOSEOUT PROCEDURES FOR OUR HOME BUYERS PROGRAM, WHICH I BELIEVE, AS YOU HEARD, DIRECTOR NICHOLS AND, UH, ASSISTANT DIRECTOR LISSE SAY WE ARE WORKING TO REVIVE WITH THE GLO. VERY GOOD LATE BREAKING NEWS. OUR PLANNING PROGRAM, WE ARE ENTERING AND ALMOST FINISHING THE CLOSING, UH, CLOSING PROCEDURES. SO WE'LL BE WORKING THROUGH THE END OF THE YEAR ON THE CLOSEOUT PROCEDURES, UH, FOR THAT PROGRAM AND PUBLIC SERVICES. PROUD TO REPORT. UM, THAT WAS OUR FIRST PROGRAM THAT WE, UH, CLOSED OUT AND WE RECEIVED OUR CLOSED OUT NOTIFICATION. SO WE ARE COMPLETELY CLOSED THERE. THE REMAINDER OF THE PROGRAM'S, ADMIN, BUYOUT, ECONOMIC DEVELOPMENT, MULTIFAMILY, SMALL RENTAL, UM, AND WHAT'S REMAINING OF THE SINGLE FAMILY WILL, WILL BE CLOSING OUT THOSE PROGRAMS THROUGH THE REMAINDER OF THE CALENDAR YEAR 2025. NEXT SLIDE, PLEASE. JUST TO GIVE THE COMMITTEE AN UPDATE OF OUR BENCHMARKS AS THEY STOOD ON JUNE 30TH. WE WERE SUCCESSFUL AT ALL OF OUR BENCHMARKS, WITH THE EXCEPTION OF HOPE. BUT AGAIN, HOPE WAS MOVING INTO THE CLOSEOUT PHASE. VERY LITTLE PROGRAMMATIC SPENDING THAT WAS REMAINING THERE. BUT YOU CAN SEE WHERE THE DOLLARS WERE THAT WERE REMAINING. AND THEN ALSO THE BUYOUT PROGRAM. WE HAD TRANSITIONED A LOT OF THE RELOCATION ASSISTANCE TO THE GENERAL LAND OFFICE. AND IF WE COULD GO TO THE NEXT SLIDE, THIS JUST GIVES THE COMMITTEE AN UPDATE OF WHERE WE ARE. ACCORDING TO THE DECEMBER 31ST BENCHMARKS, THERE IS A TYPOGRAPHICAL ERROR AT THE BOTTOM OF THE SLIDE, AND IT SHOULD SAY REMAINING TO MEET 1231 BENCHMARKS INSTEAD OF SIX 30. UH, BUT THE COMMITTEE CAN SEE EXACTLY WHERE THE DEPARTMENT IS TOWARDS OUR DECEMBER 31ST BENCHMARKS. UH, AGAIN, PUBLIC SERVICES, WE ARE COMPLETELY CLOSED OUT THERE. ECONOMIC DEVELOPMENT IS SUCCESSFUL AT THEIR 1231 BENCHMARK. AND THEN HOME BUYERS, AS I'VE MENTIONED BEFORE, AND PLANNING VERY CLOSE AGAIN, WE'RE IN THE CLOSEOUT PHASE SO THAT YOU CAN SEE EXACTLY WHAT OUR DEPARTMENT HAS BEEN WORKING ON. ANY QUESTIONS? WHEN IS THE CHAMPAGNE TOAST? WHEN THIS IS ALL DONE, IT WILL BE OF A VERY LARGE BOTTLE. I'M READY. I CAN TELL YOU THAT. OKAY. THANK YOU, MAYOR PRO TIM. THANK YOU. UH, CHAIR. UM, TAMIKA, UM, DIRECTOR JONES. LET ME JUST SAY THAT, UM, THESE UPDATES AND THE PROGRESS REPORTS THAT WE RECEIVE FROM YOU HAVE BEEN, UH, A TREMENDOUS ASSET FOR US BECAUSE WE HAVE MULTIPLE THINGS THAT WE ARE TRYING TO REMEMBER AND JUGGLE AND WATCH THE PROGRESS ON. UM, IT HAS BEEN MOST HELPFUL, UM, TO HAVE THESE UPDATES AND TO GET THE BENCHMARKS SO THAT WHEN WE READ ARTICLES IN THE NEWSPAPER AND WHEN WE SEE STORIES ON THE NEWS, WE HAVE FIRSTHAND INFORMATION THAT WE CAN LOOK AT AND KNOW WHAT'S ACTUALLY HAPPENING, UM, IN THE DEPARTMENT AND HOW WE ARE PROGRESSING. UM, IT IS REFRESHING TO SEE THAT THERE IS SOME LIGHT, UH, AT THE END OF THAT TUNNEL. YES. UM, THERE'S BEEN SO MUCH CONVERSATION ABOUT THIS AND THE PROGRESS. SO I WANT YOU TO KNOW HOW MUCH WE APPRECIATE YOU COMING MONTH AFTER MONTH AND PROVIDING THIS INFORMATION FOR OUR CONTEXT, AND SO THAT WE CAN HAVE FULL CONFIDENCE IN WHAT'S ACTUALLY [01:15:01] HAPPENING IN THE DEPARTMENT. SO WE APPRECIATE YOUR DILIGENCE AND THE WORK THAT YOU'VE DONE TO GIVE US THAT INFORMATION. THANK YOU. THANK YOU. I ECHO MY COLLEAGUE SENTIMENTS, . THANK YOU. THANK YOU. AND JUST TO ADD TO THAT, IT'S SO GOOD TO HEAR YOUR GOOD SENTIMENTS. AND WHEN I SPEAK TO THE, UH, GLO COMMISSIONER, SHE HAS THOSE, SENT THE SAME SENTIMENTS. SO THIS IS GOOD ALL THE WAY AROUND. I'M GONNA TAKE A MINUTE. HOPEFULLY NOT TOO LONG. LET'S SEE WHAT THE NEXT SLIDE IS. ONE MORE SLIDE. SO TODAY, I'M VERY PLEASED THAT THE HOUSTON HOUSING AUTHORITY IS COMING TO VISIT WITH YOU TO DISCUSS WHAT THEY DO, PARTICULARLY AROUND THE PUBLIC FINANCE CORPORATIONS AND THREE OH THREES. AND I, I APPRECIATE YOUR PATIENCE. IT'S GONNA BE A, A INTENSE CONVERSATION, BUT I THINK YOU NEED TO KNOW ABOUT THAT BECAUSE GOING FORWARD, THERE'LL BE PROJECTS THAT ARE PFCS THAT ARE COMING TO EACH OF YOU. AND YOU NEED TO KNOW THAT AT THIS POINT, WHICH YOU'LL HEAR IS THE HOUSING AUTHORITIES WAY OF DOING IT. AT SOME POINT OVER THE NEXT MONTH, WE'LL CONTINUE OUR NEGOTIATIONS WITH THEM TO MAKE SURE IT MEETS YOUR GOALS. SO PART OF IT IS TO, YOU DON'T UNDERSTAND ENOUGH ABOUT IT AND TO LEARN ABOUT WHAT YOU WANT. ONE OF THE ISSUES WE HAVE IS THAT THE PUBLIC DOESN'T KNOW THE DIFFERENCE BETWEEN THE HOUSTON HOUSING AUTHORITY AND THE CITY OF HOUSTON HOUSING DEPARTMENT. UH, WHAT I ALWAYS SAY IS TO, TO MY PARTNER, UM, UH, MR. UH, DIRECTOR, CEO, NOR NORTHERN, DAVID NORTHERN, IS THAT IT DOESN'T REALLY MATTER 'CAUSE THEY'RE GONNA SEE US AS THE SAME ANYWAY. UM, BUT IN FRONT OF YOU, I WANT TO GIVE YOU JUST A FEW ITEMS THAT SAYS THE GOAL OF THE HOUSING DEPARTMENT, I'M SURE LIKE THE HOUSING AUTHORITY IS TO BUILD COLLABORATIONS. WE HAVE A NUMBER OF DIFFERENT FUNDING STREAMS THAT WE HAVE TO GO THROUGH AND DEPARTMENTS THAT WE HAVE TO GO THROUGH. THAT IS THE COMPLEXITY. AND AGAIN, ONE OF OUR BIG PARTNERS ARE THE HOUSING AUTHORITY AND THE HOUSTON, UH, HOUSING FINANCE CORPORATION THAT YOU HAVE, THAT YOU JUST SAW. THAT'S HOW WE GET OUR WORK DONE. WE DON'T DO, WE DON'T DO ANY HAMMERS AND NAILS, BUT WE DO A LOT THROUGH OTHER PEOPLE. THAT'S THE COLLABORATION. NEXT SLIDE. WITH THE COLLABORATION, WE, THE GOAL IS TO BUILD CAPACITY, MORE HOUSING, MORE EXPERTISE. WE DO IT AS A, AS A PARTNER AND INNOVATOR, A CONVENER, AN ADVOCATE, AN EDUCATOR, AND A FUNDER. AND THAT'S HOW WE BUILD CAPACITY. AGAIN, MORE UNITS, MORE AFFORDABILITY, MORE EXPERTISE. NEXT SLIDE. THE, THIS IS THE MAIN SLIDE. I WANT YOU TO LOOK AT THE NEXT THREE, WHICH IS, WHERE DO WE GET THE FUNDING? AND AGAIN, THIS FEDERAL FUNDING FOR AFFORDABLE HOUSING, AND THERE'S A LIST HERE. I DON'T WANNA GO THROUGH THE WHOLE LIST. THERE'S STATE AND LOCAL FUNDING. AGAIN, WHEN YOU LOOKED AT THE HIGHLY AFFORDABLE ITEMS, YOU SAW TAX CREDITS. YOU SAW T FUNDING, YOU SAW HOUSING BONDS, AND THE HOUSING AUTHORITY TO, TO GET, TO GET THE HIGHLY AFFORDABLE UNITS. IT TAKES FULL SUBSIDY. I'LL GO TO THE NEXT PAGE. UH, WE ALSO HAVE OTHER FINANCING OPERATIONS. THIS IS THE BASIC PAGE THAT I WANT YOU TO SEE. FOR PEOPLE WHO HAVE 30% AND BELOW A MI, ESSENTIALLY THEIR UNIT HAS TO BE A HUNDRED PERCENT SUBSIDIZED WITH EITHER CITY MONEY, WITH BONDS, WITH, UH, TAX CREDIT, SOMETHING. WHEN YOU GET TO BELOW ABOUT 50%, IT CAN TAKE ON SOME DEBT. PUBLIC, UH, PRIVATE DEBT AND SUBSIDY. WHEN YOU GO LOWER TO 60%, IT'S LESS SUBSIDY, BUT SOME, A LITTLE EQUITY BY THE OWNERS. AND THEN SOME DEBT, 80%, AGAIN, LESS SUBSIDY, SOME DEBT, PUBLIC PRIVATE DEBT, AND SOME EQUITY. AND WHEN YOU GET TO A HUNDRED PERCENT, WE CAN DO MARKET. SO IT'S IMPORTANT TO UNDERSTAND THAT. AND WHEN WE TALK ABOUT, UM, THE PFCS, THE THREE OH THREES, THAT'S JUST THE BOTTOM OF THE SUBSIDY. THAT'S THE BOTTOM PIECE. AND THERE'S BEEN A LOT OF CONFUSION. UH, THE KINDER INSTITUTE SAID WE HAD, UM, UM, A, THE SECOND IN THE COUNTRY, WORSE AFFORDABLE HOUSING. THAT'S AN, THAT'S A ACCURATE INACCURATE STATEMENT. THEY WERE SPEAKING ONLY TO HOUSING FOR THOSE WITH 30% AND BELOW A MI. AND YES, WE ARE A LOW TAX, LOW SERVICE STATE, AND THIS IS PART OF IT. UM, AND WE COULD DO DIFFERENT THINGS WITH DIFFERENT KINDS OF SUBSIDY FROM THE STATE OR FROM THE CITY. BUT THAT'S NOT WHERE WE ARE TODAY. THE NEXT SLIDE IS, AGAIN, FROM THE KINDER INSTITUTE, WHICH AGAIN, GIVES THIS SAME DETAIL. UM, AND AGAIN, WHAT, WHAT, THE BETTER SLIDE THAT WOULD BE IN HERE, WHICH I'LL GIVE YOU NEXT TIME, IS WHAT MAKES UP EACH OF THE ITEMS TO GET TO [01:20:01] LOW INCOME HOUSING. YOU SAW IT TODAY ON SOME OF THAT WHEN WE LOOKED AT SOME OF THOSE MULTIFAMILY UNITS. NEXT SLIDE. AGAIN, THIS IS JUST AN EXAMPLE OF THE FUNDING AND DETAILS FROM THE KINDER INSTITUTE ON THIS HIGHLY AFFORDABLE HOUSING. AND I WANNA MAKE IT CLEAR THAT WHEN WE TALK ABOUT THAT PUBLICLY, I THINK WE NEED TO JUST USE THE ACTUAL TERMS, 50% AND 30% AND BELOW A MI, BECAUSE ANYTHING BELOW 120% IS AFFORDABLE HOUSING, WORKFORCE HOUSING IS AFFORDABLE HOUSING, AND IT'S IMPORTANT. BUT WHEN YOU GET TO THIS SMALLEST, UH, MOST AFFORDABLE, WHICH IS THE 30 AND 50, IT'S IMPORTANT THAT WE EXPLAIN THAT. I THINK THAT'S ALL OF MY SLIDES. UM, LET ME GO THROUGH THESE. DIRECTOR, MAY I INTERRUPT? SURE, PLEASE. CAN WE GO BACK, JUST TO UNDERSCORE YOUR COMMENTS, IF WE CAN GO BACK TO THAT. SO WHEN YOU LOOK AT THE 50 AND THE 60 AND THE 80% A MI, UM, YOU HAVE INDIVIDUALS THAT WORK FOR THE CITY OF HOUSTON THAT FALL WITHIN THAT RANGE. SO I THINK OFTENTIMES WE TALK ABOUT, UM, WHO BENEFITS FROM AFFORDABILITY. IT'S FIRE POLICE, IT'S THAT RIGHT? TEACHERS, UH, BUT ANYBODY IN THE CITY OF CITY COUNCIL, LOOK, I'M IN THE A MI, UH, I QUALIFY. WE QUALIFY IN THE A MI. UM, WE TALK ABOUT FIRE AND POLICE, BUT IN THIS CITY, WE PAY OUR FIRST RESPONDERS VERY WELL. UM, WE HAVE TO PUT A NEW FACE ON THESE INDIVIDUALS. WE'RE TALKING ABOUT THE SECURITY GUARDS THAT GAVE US YOUR BADGE WHEN YOU WALKED IN. WE'RE TALKING ABOUT THEM. WE'RE TALKING ABOUT, UH, GSD STAFF MEMBERS. WE'RE TALKING ABOUT ADMINS. WE'RE TALKING ABOUT SCHOOL CLERKS. UM, AND, AND SO I, I HOPE THAT WHEN WE ALL GO OUT AND, AND Y'ALL WORK WITH THE HOUSING DEPARTMENT TO DO YOUR RIBBON CUTTINGS, DON'T SAY FIRE POLICE AND TEACHERS TALK ABOUT THE CITY STAFF. TALK ABOUT SOME OF OUR STAFF MEMBERS MM-HMM . RIGHT? TALK ABOUT SOME OF THE PEOPLE THAT WE HIRE BECAUSE OUR BUDGETS ARE SO LIMITED, UM, THAT THEY MAY QUALIFY FOR THESE WONDERFUL OPPORTUNITIES TO BE STABILIZED, LIVE IN OR NEAR THE CITY, UM, AND TO RAISE THEIR FAMILIES. AND SO, UM, UH, LET'S MAKE SURE THAT EVERYBODY HAS THIS SLIDE. YES, MA'AM. AS A GOOD TALKING POINT, BECAUSE SOMETIMES I THINK THE STORY IS MISSED. THANK YOU FOR UNDERSCORING THAT. THANK YOU. NEXT SLIDE. THE NEXT SLIDE VERY QUICKLY ARE JUST SOME GENERAL SLIDES ABOUT WHAT'S GOING ON. AGAIN, WE'VE HAD GREAT SUCCESS ON THE VIRTUAL VIRTUAL APP OFFICE HOURS, AND WE CONTINUE TO DO THAT. UH, THE DEPARTMENT IS VERY COMMITTED TO OUTREACH TO THE COMMUNITY, AND WE'LL CONTINUE TO WORK ON THAT. UM, GO HIT THE NEXT SLIDE. AGAIN, THESE ARE SOME SUCCESSES THAT WE HAVE. THE 2100 MEMORIAL THAT OPENS UP SOON. NO, JUST OPEN. EXCUSE ME. NEXT SLIDE. UH, AGAIN, THIS IS THE DETAILS ON IT. UH, THERE ARE A HUNDRED, THERE ARE A HUNDRED RESTRICTED UNITS IN THAT 30 TO 80%. UH, HDDS FUNDING WAS $25 MILLION. AND DEVELOPER WAS HHA AND COLUMBIA RESIDENTIAL. AGAIN, PARTNERS. NEXT, UH, OH, UH, 5 55 20 OST IN DISTRICT. I, UH, THESE ARE THE DISTRICT I LOFTS, OST LOFTS. NEXT, AGAIN, UH, YOU HAVE THESE IN FRONT OF YOU. IT'S 84% COMPLETED, 130 UNITS, 109 RESTRICTED. UM, AND THE DEVELOPER WAS THE TIANO CENTER FOR COMMUNITY CONCERN. UH, ESTIMATED COMPLETION DECEMBER OF THIS YEAR. NEXT, UH, 33, CAROLINE ROSEMARY'S PLACE. TERRIFIC PROJECT. UM, NEXT, AGAIN, 80% COL. UH, UM, 80% COMPLETED 149 UNITS. ALL OF THOSE ARE 30 TO 80% A MI. UH, THIS IS MAGNIFICENT HOUSES PROJECT, UM, IMPORTANT PROJECT FOR THE WHOLE COMMUNITY. NEXT, UH, LOCKWOOD SOUTH APARTMENTS. UM, DISTRICT H AT 7 35 NORTH RENAN. UH, 95% COMPLETED. SO WE'RE GONNA HAVE SOME OPENINGS IN DECEMBER. UH, TOTAL UNITS 80, 72 OF THEM ARE, UH, RESTRICTED TO 30 TO 80%. NEXT, UH, CONNECT SOUTH 64 40 HILLCROFT IN DISTRICT J. UM, NEXT SLIDE. IT'S 86% COMPLETED. AGAIN, ANOTHER DECEMBER. EXCITING OPENING. UH, 70 UNITS AT 30 TOTAL OF 70 UNITS AT 30 TO 80%. SEVEN OF THOSE WILL BE AT MARKET. A DEVELOPER IS MY CONNECT AND BRINSHORE, UH, RICHMOND SENIOR DEVELOPED VILLAGE, 56 15 RICHMOND IN DISTRICT J, UM, EIGHT, AND ALMOST COMPLETE IT. WE'LL OPEN UP IN SEPTEMBER, A HUNDRED RESTRICTED UNITS OF 125. UH, THE, UH, DEVELOPERS OF BROWNSTONE. AND, UM, AND [01:25:01] NEXT SLIDE, UH, SUMMITED RENAISSANCE IN GREENSPOINT. BUT THEY'VE, WE'VE SEEN A LOT OF ACTIVITY IN, UH, ABOUT THAT IN DISTRICT B. THAT'S A VERY LARGE PROJECT. IT'S 85% COMPLETED, 325 TOTAL UNITS, 166, RESTRICTED AT 30 TO 80%. THE DEVELOPER IS TXZ AND HLLC. AND AGAIN, ANOTHER GROUND OPENING IN DECEMBER OF 24. NEXT, UH, HOUSTON AREA WOMEN'S CENTER AT 3077. CAMINO EL CAMINO. AND DISTRICT D. AS YOU KNOW, UH, DOMESTIC VIOLENCE IS A SERIOUS PROBLEM, AND THIS IS A IMPORTANT PROJECT FOR THE SUPPORTING THOSE SURVIVORS. IT'S 76% COMPLETE. UH, ALL THE UNITS WILL BE RESTRICTED AT 30 TO 80%. UH, NEW HOPE HOUSING IS THE DEVELOPER, ALONG WITH THE HOUSTON AREA WOMEN'S CENTER. NEXT, UH, THE HAY CENTER FOR YOUTH AT 31 31 GULF FREEWAY DISTRICT. I, UH, AGAIN, GREAT PARTNERS IN HARRIS COUNTY THAT WE DON'T EVER WANNA FORGET THEM. WE'RE IN DAY-TO-DAY CONTACT WITH HARRIS COUNTY, CSD. UM, AND IS 92% COMPLETED, 50 UNITS, 40 WOULD BE HIGHLY, UH, WILL BE RESTRICTED AT 30 TO 80% NEXT. OKAY. THAT'S IT FOR MY PRESENTATION. UH, HAVE WE HAVE SOME COMMENTS IN THE, UM, IN THE QUEUE FOR YOU, FOR YOUR THANK YOU CONVERSATION. UM, STAFF MEMBER COUNCIL, MEMBER CAYMAN'S OFFICE IN DISTRICT C. HELLO. HI, DIRECTOR NICHOLS. THANK YOU AND YOUR WHOLE TEAM FOR THESE GREAT PRESENTATIONS TODAY. UM, COUNCIL MEMBER CAYMAN SENT ME THIS QUESTION. SO, FIRSTLY, DIRECTOR NICHOLS, THANK YOU FOR YOU AND YOUR TEAM'S WORK AS IT RELATES TO STORM RECOVERY. I, COUNCIL MEMBER CAYMAN CONTINUES, UH, TO BE EXTREMELY CONCERNED ABOUT, UH, INDEPENDENT AND DEPENDENT LIVING FACILITIES THAT ARE NOT PREPARING. WE HAVE WITNESSED HORRIFIC CONDITIONS. RESIDENTS LEFT FEND FOR THEMSELVES IN UNSAFE CONDITIONS. UH, SO HAVE WE IDENTIFIED SENIOR FACILITIES THAT HAVE RECEIVED PUBLIC FUNDS? AND HAVE WE LOOKED AT WHAT STEPS WE CAN TAKE TO REQUIRE THOSE FACILITIES TO HAVE REDUNDANCY AND EXTREME WEATHER MEASURES, THINGS AS SIMPLE AS BACKUP GENERATION, THAT INCLUDES COOLING AND WARMING, MEAL PLAN AND SAFETY CARE. UH, AND IF POSSIBLE, JUST A NOTE ON WHAT HAS BEEN DONE SINCE THE DERECHO AND HURRICANE BARREL ON THIS SUBJECT. WE DO HAVE THAT LIST. AND I'M GONNA CALL UP GOOD. THANK YOU, RYAN, WHO'S BEEN WORKING DILIGENTLY, BECAUSE EVERY DAY I ASK HIM THE SAME QUESTIONS. AND, UH, WHAT ARE WE DOING AS WE MOVE FORWARD, BOTH FOR FUTURE DEVELOPMENTS, AND AGAIN, WE'RE WORKING ON SOME OF THOSE THAT HAVE, UH, THAT, THAT HAD PROBLEMS DURING THE DISASTER. THANK YOU. UM, NO, GREAT QUESTION, GREAT CONCERN TO HAVE. WHAT ARE WE'RE DOING GOING FORWARD? UH, IS, UH, IN FUTURE NOFA FUTURE RESOLUTIONS? ANYTHING THE CITY HAS ITS HAND IN OR, OR IS A PART OF? WE WANT TO, UH, HAVE THE DEVELOPER, UH, WORK ON A, UH, POWER OUTAGE PLAN, DISASTER PLAN. AND THAT WILL BE CENTERED AROUND, UH, GENERATORS. UH, MAYBE NOT A GENERATOR FOR EVERY SINGLE BUILDING, BUT WHAT I'VE BEEN TALKING TO DEVELOPERS IS ABOUT, UH, WHAT 2100 MEMORIAL HAS PERFORMED. THEY HAVE GENERATORS POWERING, UM, EACH FLOOR IN THE COMMON AREA, UH, AREA, SO COMMON AREA ELEVATORS, UH, THINGS OF THAT NATURE. AND FROM THE LAST DISASTER IN 2100 MEMORIAL TALKED WITH THE DEVELOPER AND EVERYTHING WORKED PERFECTLY. SO THAT'S WHAT WE'RE GONNA BE DOING GOING FORWARD. LET ME ADD, UM, UH, THIS, UH, JUST, UM, I THINK IT, IT'S ALSO, UM, ADVANTAGEOUS FOR US TO LOOK AT OUR 9% FRAMEWORK, UM, WHEN THOSE SENIOR DEVELOPMENTS COME BEFORE COUNCIL, UM, TO HAVE THAT SAME, WHAT'S THEIR POWER RESILIENCE PLAN? UM, SIMILAR HOW WE LOOK AT COMPLETE COMMUNITIES. TURS, IS IT NEXT TO TRANSIT WORK CENTERS, A AND B SCHOOLS, WE, THAT NEEDS TO BE INCLUDED AS WELL ON THE FRONT END, SO THEY KNOW WHAT TO EXPECT MM-HMM . UM, BEFORE THEY GET TO THIS BODY. THAT MAY BE HELPFUL AS WELL. THANK YOU. DEFINITELY. UH, MAYOR PRO TIM, I HAVE A, A COUPLE OF QUESTIONS. UM, THE FIRST ONE IS THE MULTIFAMILY HOME FUNDING NOFA. UM, DO WE HAVE ANY IDEA, UM, FOR THAT GAP FUNDING ASSISTANCE TO THE DEVELOPERS THAT RECEIVED THE 2024 TAX CREDIT AWARDS? UM, I KNOW THAT TIMING IS GOING TO BE CRITICAL FOR THOSE 9% TAX CREDIT, UM, DEALS BECAUSE THEY DO HAVE TO SHORE UP THOSE AWARDS BY NOVEMBER THE FIRST. UM, AND I KNOW THAT THERE ARE SOME OF THOSE, UM, PROPERTIES THAT WILL NEED SOME, SOME GAP FUNDING. UM, I THINK AS I'VE BEEN LEARNING MORE ABOUT THIS EACH YEAR, BECAUSE EVERY YEAR I LEARN SOMETHING NEW ABOUT THIS, THIS COMPLICATED WEB THAT WE HAVE FOR PROVIDING THIS TYPE OF, OF HOUSING. [01:30:01] UM, YOU KNOW, ARE WE ALSO PRIORITIZING THOSE 9% DEALS BECAUSE THEY ARE THE ONES THAT HAVE TO PROVIDE AT LEAST 10% OF THOSE UNITS TO WHAT WE JUST SAW IN THE CHART, 30%, UM, A MI OR LOWER MM-HMM . UM, ARE, ARE WE MAKING THAT A PRIORITY FOR THOSE 9% DEALS? UM, AND THEN DO WE HAVE AN IDEA ON THE TIMING FOR THE GAP FUNDING? WE ARE, WE'RE DEFINITELY MAKING, UH, 9% DEALS A, A PRIORITY. AND WE'RE, WE HAVE A DRAFT OF OUR NOTE FOR NOW THAT WE'RE CURRENTLY WORKING ON, AND WE ARE HOPING THAT TARGETING TO GET THAT OUT WITHIN THE NEXT 30, 30 DAYS OR SO, OUR NEXT NO FOR, BUT HOME, HOME HOME PARTNERSHIP FUNDS. OKAY. I WANNA MAKE SURE, UM, I'M, I'M WATCHING A PROJECT THAT I KNOW IS GOING TO, UM, IT'S A, A SENIOR DEAL IN, IN DISTRICT K, AND I KNOW THAT WE ARE GOING TO, UM, NEED SOME, SOME GAP FUNDING. AND, UM, I WANNA MAKE SURE WE GET THAT TIMING RIGHT MM-HMM . BECAUSE TIMING HAS BEEN A, A CRITICAL ISSUE ACROSS ALL OF THESE, UM, DEALS. AND HOW WE, WE PROCEED TO PROVIDE THAT, THAT TYPE OF, UM, SERVICE TO OUR CONSTITUENTS. SO, OKAY. AND WE CAN KEEP YOU POSTED ON, ON, ON THE TIMING AS WELL. THANK YOU. OKAY. THANK YOU. THANK YOU SO MUCH, DIRECTOR. UH, JUST A ANOTHER PIECE OF THAT IS, AND, AND THIS IS VERY, VERY PREMATURE, BUT I, I'VE, I, I'VE MADE THIS MISTAKE BEFORE, BUT I'M WORKING WITH SOME PEOPLE WHO ARE A LOT SMARTER THAN I AM IN WASHINGTON AND IN OTHER ENTITIES THAT ARE TRYING TO FIND WAYS TO DO A BETTER JOB FOR MORE EFFICIENT FUNDING FOR MULTIFAMILY. AND THE BEST IDEA I'VE HEARD IN A LONG TIME IS THAT THE FEDERAL GOVERNMENT PRESENT A NEW FUND FOR MEZZANINE CONSTRUCTION FINANCING THAT DOESN'T HAVE THE HUGE COST THAT TAX CREDIT FINANCING HAS. SO, UM, WE WILL CONTINUE TO WORK ON THAT, AND IT'S A, IT'S A REALLY SMART IDEA THAT I HOPE, UM, THEIR, THE NEXT ADMINISTRATION DOES LOOK AT THAT. I'M WILL CALL UP THE HOUSTON HOUSING AUTHORITY, AND I'M GOING TO SIT DOWN IN THE BACK. UH, DAVID NORTHERN, WHO'S THE CEO, UM, AGAIN, IS MY DAILY PHONE CALL PARTNER. UH, JUST REMEMBERING THAT THE HOUSTON HOUSING AUTHORITY IS AN INDEPENDENT BODY, UH, WITH MANY HUD IT'S SET UP BY HUD. THE MAYOR DOES HAVE AUTHORITY TO APPOINT THE BOARD, AND THEN THEY APPOINT THE CEO, BUT IT IS AN INDEPENDENT AUTHORITY SEPARATE FROM THE CITY. DAVID NORTHERN, THANK YOU, DIRECTOR AND COLLEAGUES. UM, YOU SHOULD HAVE TWO HANDOUTS, UH, AHEAD OF YOU SO YOU CAN FOLLOW ALONG WITH THE PRESENTATION. IF YOU DON'T HAVE THE HANDOUT, WE'LL MAKE SURE THAT YOU GET ONE. THANK YOU, DAVID. GOOD MORNING, SIR. WELCOME BACK TO CITY HALL. THANK YOU. THANK YOU MATTER. MADAM CHAIRPERSON, ALONG WITH THE COMMITTEE MEMBERS, AND THANK YOU DIRECTOR NICHOLS FOR ALLOWING US TO COME HERE TODAY. UM, TODAY WE'RE GONNA TALK A LITTLE BIT ABOUT THE HOUSE AUTHORITY, BUT MORE, UH, IN DEPTH ABOUT OUR PUBLIC FACILITY CORPORATION UNITS AND WHAT WE CALL AFFORDABLE HOUSING HOUSTON UNITS. UM, YOU HAVE A NUMBER OF PRESENTATIONS IN FRONT OF YOU. ONE IS THE PRESENTATION THAT WE'LL BE PUTTING ON TODAY. UH, ANOTHER ONE IS THE AFFORDABLE HOUSING HOUSTON FLYER, WHICH KINDA ALLOWS INDIVIDUALS, NOT JUST INDIVIDUALS ON OUR WAIT LIST, BUT CITIZENS THROUGHOUT THE CITY OF HOUSTON TO FIND UNITS THAT'S AFFORDABLE. UM, THAT'S A VERY INTERACTIVE, UH, WEBSITE THAT ALLOWS INDIVIDUALS TO UNDERSTAND WHAT A MI IS AND UNDERSTAND WHAT UNITS THEY HAVE AVAILABLE. YOU ALSO HAVE A HOUSING AUTHORITY FACT SHEET, WHICH KIND OF DETAILS OUR PROGRAMS AND THE UNITS THAT WE HAVE. AND LASTLY, WE HAVE, WELL, WE HAVE A 2024 AGENCY PROFILE TO KIND OF, UH, GO OVER, UH, THE HOUSING AUTHORITY AND THE VARIOUS PROGRAMS WE HAVE, AND WE HAVE A PROPERTY PORTFOLIO THAT GIVES YOU AN OPPORTUNITY TO SEE OUR PROPERTIES THROUGHOUT THE CITY. UM, IT'S A PRIVILEGE TO BE HERE IN FRONT OF YOU TODAY JUST TO TALK A LITTLE BIT ABOUT WHAT WE DO. I'M SO PROUD OF THE HOUSE AUTHORITY AND OUR TEAM MEMBERS TODAY. I HAVE JAY MASON, WHO'S OUR DIRECTOR OF DEVELOPMENT, DAVID KERMAN, WHO'S OUR, UM, DEVELOPMENT CONSULTANT. AND SHANNON HUNTER, WHO'S WITH COACH RHODES, WHO'S OUR DEVELOPMENT COUNCIL. AND WE'RE GONNA DISCUSS AND HOPEFULLY GIVE YOU A BETTER, UH, OPPORTUNITY TO UNDERSTAND WHAT WE DO IN TERMS OF THE HOUSING AUTHORITY AND THE PUBLIC FACILITY, PUBLIC FACILITY OF CORPORATIONS. UM, I WANNA CORRECT SOME MISGUIDED RHETORIC. UM, BEFORE WE GET INTO OUR, UH, PRESENTATION, THE HOUSTON CHRONICLE, UM, POSTED THE ARTICLE ABOUT OUR DEVELOPMENT PROJECTS. UM, THE HOUSE AUTHORITIES BOARD, NEW BOARD MEMBERS THAT CAME IN EARLIER THIS YEAR, ALONG WITH MYSELF, DECIDED TO DO AN INTERNAL REVIEW TO PROVIDE A REPORT. I KNOW THE HOUSTON CHRONICLE MENTIONED THAT THE MAYOR'S OFFICE ASKED US TO DO IT. [01:35:01] WE DECIDED TO DO IT BECAUSE WE WANTED TO MAKE SURE THE INDIVIDUALS KNEW THAT WE WERE IN COMPLIANCE. NOW, THAT REPORT SHOWED THAT WE WERE 98% IN COMPLIANCE IN TERMS OF AFFORDABILITY, MEANING THAT INDIVIDUALS THAT LIVED IN THE UNITS THAT WE CREATED HAD THE RIGHT INCOMES, AND THEY LIVED IN AFFORDABLE UNITS. 94% SHOWED 94% WAS THE NUMBER OF INDIVIDUAL DEVELOPER PARTNERS THAT, UH, PAID FINANCIAL, UM, DIVIDENDS TO THE HOUSING AUTHORITY THAT THEY WERE OBLIGATED TO. NOW, WE KNOW THAT'S NOT A HUNDRED PERCENT IN EITHER ONE, HOWEVER, 98 AND 94% IS GREAT. BUT TODAY, I CAN TELL YOU THAT WE'RE A HUNDRED PERCENT IN COMPLIANCE IN EVERY WAY. SO THAT REPORT WAS IMPORTANT. AND AGAIN, I WANNA REITERATE, THE HOUSE AUTHORITIES, BOARD MEMBERS ALONG WITH MYSELF, DECIDED TO DO THAT INTERNAL REVIEW AND PROVIDE IT TO THE MAYOR'S OFFICE AND OTHERS, SO THEY CAN SEE THAT. NOW, ALSO, INDIVIDUALS TALK ABOUT, AND I'M GLAD OUR, UM, CHAIRPERSON SAID THIS, BUT WE TALK ABOUT A MIA LOT, THE LAY PERSON DON'T UNDERSTAND A MI, BUT WHEN WE TALK ABOUT 60% OF A MI, THAT MEANS SOMEBODY'S, UM, MAKE, WHEN WE TALK ABOUT 60% A MI, SOMEBODY'S MAKING $18 AN HOUR CAN LIVE IN THAT. AND WE TALK ABOUT, AGAIN, POLICE OFFICERS AND TEACHERS, BUT OUR ASSISTANCE, YOU KNOW, AS YOU MENTIONED, THE SECURITY, THAT'S WHAT WE'RE DOING. AND WHEN WE, WHEN WE DEVELOP AND PARTNER WITH DEVELOPERS, PUBLIC PRIVATE PARTNERSHIPS, BECAUSE WHAT DON'T GIVE US MONEY NOW, WE, WELL, I GUESS THEY JUST GAVE US $50 MILLION. SO THAT'S, THAT'S A WIN FOR THE HOUSING AUTHORITY, CORRECT THAT RECORD. YES, THEY, THAT'S RIGHT. SO TRADITIONALLY, THEY GAVE SIX HOUSING AUTHORITIES IN THE NATION, $50 MILLION IN ORDER TO CREATE AND BUILD A NEW COMMUNITY. AND I'M GLAD THAT IN PARTNERSHIP WITH THE CITY, WE'LL SAY IT'LL BE ONE OF THOSE SIX HOUSING AUTHORITIES THAT RECEIVED IT. NUMBERS DON'T LIE. AND A LOT OF TIMES PEOPLE SAY A LOT ABOUT THE HOUSING AUTHORITY AND WHAT WE DO, UM, AND HOW WE MAY NOT BE EFFICIENT, BUT HUD DON'T GIVE $50 MILLION OUTTA SIX HOUSING AUTHORITIES IN THE NATION. THERE'S 3,500 HOUSING AUTHORITIES, $50 MILLION TO DO DEVELOPMENT. THAT'S THE BIGGEST AWARD THAT HUD GIVES. AND I'M HAPPY THAT OUR HOUSING AUTHORITY RECEIVED THAT ALONG WITH ANOTHER 9 MILLION THIS YEAR FOR OTHER OPPORTUNITIES. WE TALKED EARLIER ABOUT, UM, INDIVIDUALS THAT'S LIVING IN HOUSING THAT MAY NEED REPAIRS. ONE OF THOSE GRANTS THAT WE RECEIVED WAS, UM, HOME REPAIRS FOR ELDERLY. THAT'S LOW INCOME. WE'RE THE ONLY HOUSING AUTHORITY IN THE NATION THAT RECEIVED THAT. SO WE DO IS MASSIVE. AND IN PARTNERSHIP WITH THE CITY AND HOUSING COMMUNITY DEVELOPMENT, I BELIEVE OUR TEAM IS DOING A GREAT JOB TO PROVIDE THE RESOURCES TO THE CITY OF HOUSTON AND THE CLIENTS THAT WE SERVE. OUR WAITING LIST IS MASSIVE, MASSIVE, 30, 40 SOME THOUSAND, AND IT'S CLOSED. WE'RE DEVELOPING HOUSING FOR THE MOST VULNERABLE. AND THIS PRESENTATION IN KIND OF DETAIL, I WON'T STEAL ALL MY TEAM'S JOY IN TERMS OF, UM, PRESENTING IT, BUT WHEN WE DO PUBLIC FACILITY CORPORATIONS, IT'S A PARTNERSHIP. THE HOUSING PARADE HAS NO DOLLARS, NOT ONE PENNY IN THE DEAL. HOWEVER, WE RECEIVE INCOME AS A RESULT OF BEING A PARTNER. AND THAT INCOME, AND IT WAS SOME TALK ABOUT, UM, THE LEVEL OF AMIS THAT WE SERVE, THE INCOME THAT WE RECEIVE FROM THOSE DEALS GO INTO THE 30% OF A MI AND BELOW. AGAIN, TRADITIONALLY HOUSING AUTHORITY HAS BEEN UNDERFUNDED THROUGHOUT THE NATION RELATED TO THE, UM, DEPARTMENT OF HOUSING OF URBAN DEVELOPMENT BECAUSE OF LIMITED FUNDS. AND SO WE HAVE TO ACT AS A BUSINESS, AND WE HAVE TO ACT AS A BUSINESS SO THAT WE CAN GAIN INCOME IN ORDER TO PUT IN OUR SMALLER DEVELOPMENTS. FOR EXAMPLE, THE $50 MILLION, THE HOUSING THREE IS PUTTING $48 MILLION IN CUNY HOMES OVER EIGHT YEARS. SO THAT, THAT'S FOR THAT COMMUNITY. SO WITHOUT US AS A AGENCY ACTING AS A BUSINESS AND GAINING INCOME, WE WOULD NOT BE ABLE TO HAVE THAT DEVELOPMENT. SO AT THIS TIME, OUR LIVE, MR. MASON, TO GO INTO, UH, THE PRESENTATION. THANK YOU. SO THANK YOU. THANK YOU ALL FOR, UM, ALLOWING US THE TIME TO PRESENT. UM, JUST TO FLIP BACK TO THE OTHER SLIDE, I JUST WANTED TO GIVE AN OVERVIEW OF WHAT IS CONTAINED IN THE PACKET. UM, PRESIDENT AND CEO DAVID NORTHERN GAVE AN OVERVIEW OF, OF THE HOUSING AUTHORITIES. SO, UM, BUT WE ALSO WANTED TO TALK A LITTLE BIT ABOUT THE PUBLIC FINANCE CORPORATION AND HOW IT RELATES TO THE DEVELOPMENTS THAT WE DO. WE'RE NOT ONLY DOING, UM, PSC DEALS, WE JUST WANNA TALK A LITTLE BIT ABOUT THOSE OTHER MECHANISMS THAT WE'RE USING AS PART OF OUR PLAN TO PUT AFFORDABILITY INTO THE HOUSTON MARKET. UM, THEN WE'LL TALK ABOUT AFFORDABLE HOUSING HOUSTON. UM, ONE OF THE REASONS THAT WE ARE TRYING TO, WHERE WE'RE PROMOTING THIS EFFORT IS JUST TO CREATE A LOT MORE VISIBILITY IN THE HOUSTON MARKET, UM, AND WHY WE DO THAT. UM, THEN WE WILL TALK A LITTLE BIT ABOUT, WE'LL WALK YOU THROUGH WHAT WE DO IN TERMS OF EVALUATING OUR PFC TRANSACTIONS. UM, THEN, UM, WITH THE PARTNERSHIP, AND I REALLY HAVE TO THANK A CD FOR THEIR EFFORTS IN WORKING WITH US AS WE MOVE FORWARD WITH SPECIFICALLY THE PSC 3 0 3 TRANSACTIONS. WE JUST WANT TO TALK A LITTLE BIT ABOUT THE PROCESS AND WHERE WE ARE. IT HASN'T BEEN FINALIZED, [01:40:01] BUT I, I'M CONFIDENT THAT WE'LL GET TO A POINT WHERE WE CAN MOVE THESE TRANSACTIONS FORWARD. UM, ALSO INCLUDED IN YOUR PACKET ARE, WE'RE GONNA GO THROUGH PRETTY HIGH LEVEL THREE OF THE DEALS THAT ARE CURRENTLY GOING, THAT'S GONNA COME TO THE BOARD OR TO THE COUNCIL NEXT MO NEXT SESSION. BUT WE, SO WE'RE GONNA GIVE A LITTLE BIT OF AN OVERVIEW OF THOSE THREE DEVELOPMENT PACKAGES. AND THEN WE CREATED A LITTLE SUPPLEMENTAL DOCUMENT THAT GOES INTO A LITTLE BIT MORE DEPTH OF OUR EVALUATION OF THOSE THREE PROPERTIES, AS WELL AS WE CREATED A LIST OF ALL THE AFFORDABLE HOUSING DEVELOPMENTS THAT ARE CURRENTLY BEING CLOSED, AND WE HAVE ORGANIZED IT ACCORDING TO COUNCIL DISTRICT. SO THAT'S, THAT'S THE AGENDA THAT WE'RE GONNA GO THROUGH AS PART OF THIS PRESENTATION. AGAIN, VERY INTERACTIVE. IT'S A LOT OF INFORMATION, SO ANY FEEDBACK JUST TO CREATE CLARITY WOULD BE APPRECIATED. SO, HOUSTON HOUSING AUTHORITY OVERVIEW, UM, AS MS AS THE PRESIDENT, CO DAVID MENTIONED, UM, WE CURRENTLY ARE WORKING WITH OVER 80,000, UM, RESIDENTS, WHETHER IT BE IN SERVING CLIENTS IN THE HOUSING CHOICE OF VOUCHER PROGRAM, UM, THE PUBLIC HOUSING PROGRAM. UM, WHEN WE TALK ABOUT PUBLIC HOUSING, WE HAVE SEVERAL TAX CREDIT PROPERTIES AS WELL. AND THEN CURRENTLY WE HAVE ABOUT 17 EIGHT PLUS, UM, AFFORDABLE HOUSING UNITS AS PART OF THE HOUSTON HOUSING AUTHORITY OR AN AFFORDABLE HOUSING HOUSTON PORTFOLIO. NEXT SLIDE. UM, SO AS THE AGENCY LOOKS AT AFFORDABILITY NEEDS, NOT ONLY IN TEXAS, BUT IN HOUSTON, JUST WANTED TO BE VERY COGNIZANT OF WHAT THE AGENCY'S MISSION IS AS, AS I'M SURE ALL OF YOUR MISSIONS ARE AS WELL, WHERE WE'RE JUST TRYING TO CREATE A STRATEGY IN ORDER TO PROVIDE AFFORDABILITY INTO THE HOUSTON MARKET. UM, ONE OF THE THINGS THAT I THINK THE AFFORDABLE HOUSING HOUSTON HAS BEEN ABLE TO DO THAT SUCCESSFULLY, BUT ONE OF OUR CHALLENGES HAS ALWAYS BEEN THE DEEPER AFFORDABILITY, THAT 30% A MI. SO WE'LL TALK A LITTLE BIT ABOUT HOW AFFORDABLE HOUSING HOUSTON HELPS US ACHIEVE THAT DEEPER AFFORDABILITY MANDATE LATER ON IN THE SLIDE. NEXT SLIDE, PLEASE. SO, UM, IN ORDER TO BE, AGAIN, TO, TO CREATE TRANSPARENCY, WE HAVE DONE A LOT OF THINGS THAT HAVE BEEN ABOVE AND BEYOND WHAT SECTION 3 0 3 OR CHAPTER 3 0 3 OF THE HB 2071 BILL HAS REQUIRED OF US. SOME OF THE THINGS ARE, UM, DOING SOLICITATION PACKAGES SO THAT THE PUBLIC IS AWARE OF WHAT WE ARE DOING, GOING THROUGH THE ENTIRE PROCESS, INCLUSIVE OF HAVING PUBLIC MEETINGS. AND THIS WAS PRIOR TO THE, TO THE CHANGES THAT HAPPENED IN JUNE. UM, BUT ALSO THIS AFFORDABLE HOUSING HOUSTON WEBSITE WHERE ANY RESIDENT WITHIN THE CITY OF HOUSTON HAS THE ABILITY TO LOOK AT ANY DEVELOPMENT WITHIN THEIR, WITHIN HOUSTON AND BASICALLY SELECT A PROPERTY THAT THEY WOULD LIKE TO MOVE INTO. UM, SO WHEN WE TALK ABOUT OUR AFFORDABLE HOUSING PROPERTIES, THEY'VE SORT OF FALL INTO THREE CATEGORIES. UM, WE HAVE THE LIITE DEALS THAT COMES BEFORE COUNCIL FOR SOME RECOMMENDATION FOR APPROVAL. THEN THERE'S CHAPTER 3 92, WHICH HASN'T CHANGED. IT WASN'T PART OF THE JUNE, 2023 REVISIONS TO THE DESIGNATION, BUT IT'S A MECHANISM THAT THE HOUSING AUTHORITY DOES IN ORDER TO MOVE TRANSACTIONS FORWARD. AND THEN WE'RE GONNA TALK A LITTLE BIT ABOUT CHAPTER 3 0 3 PFC DEALS, AND WHAT ARE THE LITTLE NUANCES THAT DIFFERENTIATES BETWEEN THE CHAPTER 3 92 AND THE PFC TRANSACTIONS. NEXT SLIDE PLEASE. SO, AFFORDABLE HOUSING HOUSTON. UM, DAVID MENTIONED THAT WE WENT THROUGH A COMPLIANCE PERIOD, UM, JUST TO GET A GAUGE ON HOW WE HAVE BEEN PERFORMING AS AN AGENCY AND HOW OUR, UM, DEVELOPMENTS HAVE BEEN PERFORMING. UM, I THINK IT, IT WAS A SUCCESSFUL OUTCOME, UM, WITH NOW A HUNDRED PERCENT OF OUR PROPERTIES BEING IN COMPLIANCE. BUT ONE OF THE THINGS THAT I JUST WANTED TO HIGHLIGHT BY THIS SLIDE IS IT'S SORT OF THE ROBUST MECHANISM THAT WE'VE BEEN WORKING THROUGH [01:45:01] OVER PROBABLY THE LAST TWO YEARS, JUST TO ENSURE THAT ALL OF THE PROPERTIES ARE INDEED SATISFYING ALL OF THE REGULATIONS AS WELL AS THIS HOUSTON HOUSING AUTHORITIES REQUIREMENTS. UM, JUST JUST A NOTE, WE'RE NOT DONE. UM, AS WE, AS WE MOVE FORWARD WITH ALL OF THESE DEVELOPMENT DEALS, WE ARE SEEING ADDITIONAL THINGS THAT NEEDS TO BE ADDRESSED. UM, ONE OF THE THINGS THAT WE WERE SUCCESSFUL AT PRETTY RECENTLY WAS HAVING A, A WORK SESSION WITH A LOT OF DEVELOPERS WHERE WE'RE TRYING TO CREATE THE, THE APPROPRIATE REMOTE, REMOTE MECHANISMS. NOT TO, TO ENSURE THAT WE ARE DOING OUR JOB, BUT ALSO NOT IMPEDING THAT OF THE DEVELOPER IN THEIR, UM, IN GETTING THEIR DAY TO DAYS WORK COMPLETED. NEXT SLIDE. UM, AND SHANNON HUNTER FROM , WHO WILL COME UP TO ASSIST ME WITH THIS ONE. UH, THANK YOU JAY. UH, GOOD MORNING, UH, COUNCIL MEMBERS AND STAFF. UM, I'M SHANNON DAVIS HUNTER. I'M HERE AS DEVELOPMENT COUNCIL FOR THE HOUSING AUTHORITY. I'M ALSO HERE AS A NATIVE HOUSTONIAN, A CONSTITUENT, AND A PROUD RESIDENT OF DISTRICT C. I'M GONNA SPEAK, BE SPEAKING ON THE NEXT COUPLE OF SLI SLIDES, EXCUSE ME, TO WALK YOU THROUGH THE ACTUAL LEGAL AND POLICY IMPLEMENTS OF CHAPTER 3 0 3, CHAPTER 3 9 2, AND SECTION 42 OF THE INTERNAL REVENUE CODE OF 1986. UM, SO RIGHT NOW WE'RE GONNA LOOK AT PUBLIC FACILITY CORPORATIONS. UM, I THINK THIS IS VERY IMPORTANT FOR, UM, EVERYONE TO UNDERSTAND. THERE'S BEEN A LOT, A LOT OF MISINFORMATION ABOUT PFC DEALS, AND THE REALITY IS THERE ARE ONLY ONE SMALL PORTION OF, IN OUR AFFORDABLE HOUSING TOOLBOX. SO THE STATE LEGISLATURE, UH, CREATED PUBLIC FACILITY CORPORATIONS DECADES AGO AS A WAY TO EMPOWER, UM, MUNICIPALITIES, INSTITUTIONS OF LOCAL GOVERNMENT, UM, STATE ENTITIES TO ISSUE BONDS, FINANCE, PUBLIC FACILITIES, LOAN PROCEEDS TO OTHER ENTITIES, AND ACQUIRE AND CONSTRUCT, REHABILITATE THOSE PUBLIC FACILITIES. THIS IS VERY IMPORTANT FOR THE HOUSING AUTHORITY BECAUSE PURSUANT TO THE STATE CONSTITUTION, A HOUSING AUTHORITY CANNOT, UM, ISSUE DEBT. HOUSING AUTHORITY CANNOT MAKE LOANS. SO WHEN YOU TALK ABOUT, UM, GETTING AFFORDABLE HOUSING ON THE GROUND, THE PFCS, UM, ARE A GREAT TOOL FOR THAT. UM, BECAUSE THOSE PFCS CAN DO THOSE THINGS. THEY, THEY SERVE AS A HOUSING AUTHORITIES BOND ISSUER, AND THEY CAN, UH, MAKE LOANS AS NECESSARY TO AFFORDABLE HOUSING DEVELOPMENTS. SO IN 2017, THE STATE LEGISLATURE VERY QUIETLY ADDED IN A PROVISION, UM, TO THE PFC LAW THAT EXPLICITLY STATED, WHERE THERE'S A GROUND LEASE IN PLACE ON LAND OWNED AND FEE BY A HOUSING AUTHORITY, OR REALLY ANY OTHER PUBLIC INSTITUTION. IF THAT GROUND LEASE, UM, IS TO A, A PROJECT AFFORDABLE HOUSING PROJECT OWNER, THEN THE TAX EXEMPTION ENJOYED BY THE HOUSING AUTHORITY AS THE FEE OWNER IS ALSO ENJOYED BY THE TENANT, WHICH IS THE PROJECT OWNER THAT LAW HAD, WAS LIKE FOUR LINES OF TEXT. IT HAD VERY FEW GUARDRAILS, AND IT HAD, UM, IT, IT PROVIDED THE HOUSING AUTHORITY IN ALL PUBLIC FACILITIES, A GREAT, UH, LEVERAGE IN OPERATING THEIR PROGRAMS. SO, UM, WHAT IT SAID WAS, IT'S SO LONG AS YOU HAVE A PUBLIC MEETING AT, AT A REGULAR SCHEDULED MEETING OF YOUR HOUSING AUTHORITY TO SAY YOU'RE GONNA DO THIS DEAL AND GRANTED YOUR TAX EXEMPTION, YOU CAN DO IT. AND SO LONG AS AT LEAST 50% OF THE UNITS IN THAT DEVELOPMENT ARE RESERVED FOR FAMILIES, UM, EARNING LESS THAN 80% OF AREA MEDIAN INCOME. THIS IS TEACHERS. I MEAN, WE HAVE A, THERE WAS JUST AN ARTICLE IN THE SAN ANTONIO EXPRESS ABOUT A TEACHER IN THE AUSTIN INDEPENDENT SCHOOL DISTRICT WHO WAS LIVING IN HIS CAR BECAUSE HE COULD NOT AFFORD HOUSING. SO, SO I THINK WE HAVE TO BEAR THAT PERSON IN MIND WHEN WE ARE RESPONDING TO THE ADVOCATES WHO ARE ANTI HOUSING AND ANTI PFC TRANSACTIONS. SO HOW DOES THIS IMP IN, IN 2023 AS, UH, JAY ALLUDED STEEL LEGISLATURE CAME BACK SPURRED BY PEOPLE WHO, UH, MOSTLY, QUITE FRANKLY, FOR-PROFIT DEVELOPERS WHO DIDN'T LIKE COMPETING WITH VERY NICE, UH, DEVELOPMENTS THAT ENJOYED A TAX EXEMPTION BECAUSE AT LEAST HALF OF THE UNITS WERE AFFORDABLE TO LOW AND INCOME, LOW INCOME AND WORKFORCE FAMILIES. THE STATE LEGISLATURE CHANGED, UM, THE CHAPTER 3 0 3, THEY ADDED SOME GUARDRAILS. I I THINK ANYBODY WHO CONSIDERS THEMSELVES A HOUSER AS I DO AND WORKS IN THE INDUSTRY THOUGHT, THOUGHT THE GUIDELINES WERE, UM, GUARDRAILS, EXCUSE ME, WERE NECESSARY. THE QUESTION IS, , DO THEY GO A LITTLE BIT TOO FAR? BUT I'M NOT HERE TO DEBATE THAT TODAY, BUT I AM HERE TO EXPLAIN THEM TO YOU. [01:50:01] SO NOW, ON A ACQUISITION DEAL, THE UNITS, UH, THE IF, IF, IF A HOU, IF A PFC IS GOING TO ACQUIRE AN EXISTING PROPERTY TO DO REHAB AS WE KNOW WE NEED IN OUR COMMUNITY, THEN 25% OF THE UNITS MUST BE AFFORDABLE TO FAMILIES EARNING AT LEAST, NO, SORRY, NO, NO MORE THAN 60% OF AREA MEDIAN INCOME. THE REASON WHY YOU DON'T SEE ANY MORE PFC ACQUISITION DEALS IS BECAUSE SINCE THE LAW CHANGED, THEY HAVEN'T, THEY DON'T PENCIL, THEY JUST, THEY, THEY, THEY, THEY DO NOT PENCIL. THEY CANNOT GET TO THE CLOSING TABLE. WHAT THEY ALSO DID WAS SOMETHING THE HOUSING AUTHORITY WAS ALREADY DOING ON NEW DEVELOPMENTS, 10% OF THE UNITS MUST BE AT 60%. THE HOUSTON HOUSING AUTHORITY HAS BEEN SETTING THE STANDARD, THEY'VE BEEN DOING THAT SINCE, WELL BEFORE JUNE OF 2023. SO HOW DOES THIS AFFECT, UM, THE CITY OF HOUSTON? THE REALITY IS ALL THE EFFECTS ARE BENEFICIAL. IT DOES NOT CAUSE HARM TO OUR CITY. UM, BECAUSE WE ARE, BECAUSE HISD IS A ROBIN HOOD DISTRICT, WHERE DESPITE BEING 80% OF OUR, UH, STUDENTS LIVING BELOW THE POVERTY LEVEL EVERY YEAR, BECAUSE WE'RE PROPERTY RICH, WE SEND MONEY TO OTHER DISTRICTS IN THE STATE BECAUSE OF THAT, TAKING PROPERTIES OFF THE TAX ROLES TO HOUSE THOSE VERY SAME STUDENTS DOES NOT IMPACT HISD. IT DOES NOT IMPACT OUR, THE EDUCATION HISD IS GIVING TO OUR STUDENTS. ADDITIONALLY, HOW DOES IT AFFECT THE CITY'S BOTTOM LINE? AGAIN, IT DOESN'T EVEN, OH, THERE WAS A QUOTE HERE, BUT THE, UM, THE, THE, THE DEPUTY DIRECTOR, UM, IN THE CON THE DEPUTY CONTROLLER, EXCUSE ME, THE TREASURY DIVISION IN THE COMPTROLLER'S OFFICE FOR THIS CITY, DID AN ANALYSIS, AND HE'S, HE SAID THAT DUE TO THE CITY OF HOUSTON'S PROPERTY TAX REVENUE CAP, THERE'S MINIMAL IMPACT ON THE CITY OF HOUSTON BUDGET. HE SAID MINIMAL. I DON'T EVEN KNOW WHAT IT COULD BE BECAUSE WE HAVE A REVENUE CAP. I DON'T EXPECT THE, UM, VOTERS TO UNDO THAT ANYTIME SOON, WHICH MEANS, AGAIN, THAT ITS PROPERTIES ARE TAKEN OFF. THE TAX ROLL, THE MONEY THAT'S COMING TO THE CITY IS UNCHANGED BECAUSE OUR REVENUE IS SO MUCH MORE THAN WHAT, UM, THAN WHAT THE LAW ALLOWS THE CITY TO KEEP. UH, SO NEXT SLIDE. SO, SO, YEAH, SO I JUST WANNA ADD ONE THING. UM, I MENTIONED EARLIER ABOUT THE AMOUNT OF UNITS THAT THE HOUSING AUTHORITY HAS. SO WHAT SHANNON TALKED ABOUT, AND, UM, YOU KNOW, BEING, I'VE BEEN IN TEXAS CLOSE TO THREE YEARS, AND THIS IS THE MOST EFFECTIVE TOOL I'VE EVER SEEN IN MY 30 YEAR HOUSING CAREER TO BRING IN AFFORDABLE HOUSING, WE GOT 17,000 AFFORDABLE UNITS. WITHOUT THIS PROGRAM, 17,000 FAMILIES WOULD BE WITHOUT HOU AFFORDABLE HOUSING LIVING COST. BURTON ALSO, UH, LOOKING AT IT, AS SHE MENTIONED ALSO THE REVENUE CAP IN THE ROBINHOOD, UH, LAW, IS THAT IT'S A RECAPTURE OF TAXES THAT HOUSTON WOULD LOSE IN A FORM OF AFFORDABLE HOUSING, WHICH WE NEED HERE IN THE CITY OF HOUSTON. UH, THAT'S RIGHT. AND AS A CONSTITUENT, I CAN TELL YOU, WHEN I TAKE THE TIME TO EDUCATE PEOPLE ABOUT WHAT, HOW THIS ACTUALLY WORKS ON A, FROM AN ECONOMIC PERSPECTIVE, I HAVE NOT HEARD ONE PERSON TELL ME, OH, YEAH, I WOULD MUCH RATHER THAT MONEY GO OFF TO THE VALLEY OR WHEREVER TO, TO, TO EDUCATE THOSE STUDENTS THAN TO HOUSE MY OWN NEIGHBORS. NEVER, I'VE NEVER HEARD IT. UM, BUT I'LL MOVE FORWARD, UH, TO THE NEXT, OH, THIS SLIDE HERE, THIS SLIDE IS JUST SHOWING YOU THE, UH, CHAPTER 3 0 3 AS IT EXISTS TODAY, OR THIS SECTION AS IT EXISTS TODAY. UM, IT'S VERY WORDY, IT'S VERY MEATY, BUT THE MAIN, UM, CHANGES ARE THE ONES THAT I DETAILED ABOUT THE NEW REQUIREMENTS FOR 60% UNITS IN, UM, ACQUISITION OR THE, THE SECTION CALLS THEM OCCUPIED DEVELOPMENTS OR NEW CONSTRUCTION DEVELOPMENTS. UM, SOME OF THE OTHER CHANGES TO NEW CONSTRUCTION, WHICH I'M GOING TO FOCUS ON BECAUSE THAT'S ALL THAT, THAT'S TO BE FRANK, THAT'S ALL WE CAN DO. NOW, THE ACQUISITION CHANGES WERE SO ONEROUS THAT WE CAN'T DO ANY OF THOSE DEALS. WE CAN'T DO THE REHABS THAT, UM, THAT OUR CITY NEEDS. WE CAN'T BUY PROPERTIES, REHAB THEM, AND THEN MAKE THEM AFFORDABLE BECAUSE THEY JUST DON'T PENCIL WITH THE HIGH, UM, UH, NUMBER OF 60% UNITS, 80% WOULD'VE BEEN BETTER, BUT THAT'S NOT WHAT IT SAYS. SO WE'RE GONNA FOCUS ON THE, UM, NEW CONSTRUCTION DEALS TODAY. SO THOSE DEALS COME TO YOU BECAUSE ANOTHER NEXT SLIDE. OH, WELL, NEXT SLIDE. BUT THIS IS NOT EVEN THOSE DEALS COME TO YOU BECAUSE ANOTHER CHANGE IN THE LAW SAYS THAT WHEN THE HOUSING AUTHORITY IS GOING TO DO A PFC DEAL OR A DEAL THAT WILL ENJOY THE TAX EXEMPTION UNDER 3 0 3 OF THE, UM, TEXAS LOCAL GOVERNMENT CODE, THAT IF THE BOARD OF A HOUSING AUTHORITY IS PRIMARILY COMPOSED OF APPOINTED, NOT ELECTED INDIVIDUALS, THEN THE CITY COUNCIL, OR IF IT'S IN THE COUNTY, THE COUNTY COMMISSIONERS HAVE TO APPROVE THAT DEAL. SO THAT, THAT'S A REASONABLE CHANGE. WE NOW COME TO OUR ELECTED OFFICIALS TO SAY, YES, WE WANT TO, UH, MOVE FORWARD WITH THIS DEAL. SO NOW THOSE ARE, I'VE DETAILED THE, THE LARGEST CHANGES I COULD, I'M HAPPY TO MEET WITH ANY OF YOU TO GO OVER THE, THE PARTICULARS, BUT I I'M NOT GONNA DO THAT TODAY. I'LL LEAVE IT HIGH LEVEL. [01:55:01] UM, ON THIS SLIDE, WE'RE SHOWING YOU THE STRUCTURE, THE ORGANIZATIONAL STRUCTURE, WHEN THE HOUSTON HOUSING AUTHORITY DOES A PFC DEAL USING ONE OF ITS SPONSORED PUBLIC FACILITY CORPORATIONS. SO YOU'LL SEE THAT THE PUBLIC FACILITY CORPORATION OWNS THE FEE IT, IT BUYS THE LAND AND IMPROVEMENTS, BUT IT, IT BUYS IT ESSENTIALLY USING MONEY, NOT ESSENTIALLY IT BUYS IT USING MONEY FROM THE PROJECT OWNER. WHAT HAPPENS IS THE PUBLIC FACILITY CORPORATION EXECUTES A LEASE WITH THE OWNING PARTNERSHIP, THAT OWNING PARTNERSHIP AS A UPFRONT GROUND LEASE PAYMENT. THERE'S ONLY ONE PAYMENT OF, OF THE, UNDER THE LEASE. THAT PAYMENT IS THE EXACT AMOUNT OF FUNDS NECESSARY TO PURCHASE THE LAND. SO IT'S A FLOW THROUGH ON THE SETTLEMENT STATEMENT. SO THERE ARE NO PUBLIC FUNDS USED TO PURCHASE THE LAND, UM, AND, UH, THAT THEIR PARTNERSHIP IS MADE UP OF A DEVELOPER ENTITY AFFILIATE, AN INVESTOR LIMITED PARTNER, OR IT'S NORMALLY, UH, UM, ACCLIMATION OF SEVERAL INVESTORS, BUT THERE'S ONE LP AND THEN THE PFC CONTROLLED ENTITY, UH, WHICH IS A SPECIAL LIMITED PARTNER. THE BENEFITS OF THE PFC UH, STRUCTURE IS YOU CAN SEE THAT THE HOUSING AUTHORITY, OR NEITHER THE HOUSING AUTHORITY NOR THE PFC IS REQUIRED TO BE THE GENERAL PARTNER. THEY'RE A LIMITED PARTNER. THEY HAVE LIMITED EXPOSURE. THE PUBLIC FACILITY HAS LIMITED EXPOSURE. UM, THE NEXT SECTION THAT THE HOUSING AUTHORITY, UH, USES, NEXT SLIDE, PLEASE TO DO DEVELOPMENTS IS SECTION 32, WHICH IS THE MUNICIPAL HOUSING AUTHORITIES LAW. NEXT SLIDE. YEAH. UNDER THIS SECTION, UM, SECTION CHAPTER 3 92 OF THE TEXAS LOCAL GOVERNMENT CODE, WHICH IS A MUNICIPAL HOUSE HOUSING AUTHORITIES LAW. IT, IT ALLOWS FOR, AGAIN, AN EXEMPTION OF A, OF, OF VALOREM TAXATIONS FOR PROPERTIES OWNED BY A HOUSING AUTHORITY. THEN UNDER THE, UNDER A STATE SUPREME COURT CASE, THE STATE SUPREME COURT YEARS AND YEARS AGO, I THINK IT WAS IN THE EIGHTIES, HELD THAT WHERE THREE THINGS ARE TRUE, THE EXEMPTION THAT THE HOUSING AUTHORITY OR THE HOUSING FINANCE CORPORATION OR WHATEVER THE OTHER PUBLIC ENTITY IS, THAT THE TAX EXEMPTION THAT THEY ENJOY CAN BE TRANSFERRED TO AND ENJOYED BY A PART, A PROJECT PARTNERSHIP. AGAIN, IF THESE THREE THINGS ARE MET, ONE, THE HOUSING AUTHORITY OR THE H-F-C-H-H-A IN THIS CASE OWNS THE LAND AND FEE THAT LOOKS THE SAME AS WHEN IT'S A PFC TWO. THIS IS A DIFFERENCE FROM THE PFC TRANSACTION. HOUSTON HOUSING AUTHORITY MUST CONTROL THE GENERAL PARTNER. THEY HAVE TO BE IN CONTROL OF THE PROJECT, WHICH OF COURSE IS GREAT FROM A CONTROL PERSPECTIVE, LESS GREAT FROM A, A LIABILITY PERSPECTIVE. AND THREE, THE HOUSING AUTHORITY, THE, THE, THE GROUND LEASE MUST CONTAIN A PROVISION THAT ALLOWS THE HOUSING AUTHORITY TO, AT ANY TIME COLLAPSE THE LEASE, PAY A CERTAIN FUND OF MONEY, AMOUNT OF MONEY, COLLAPSE THE LEASE AND COMPEL TITLE OF THE LEASEHOLD INTEREST BACK TO ITSELF. WITH THOSE THREE THINGS, THE SUPREME COURT DETERMINED THAT THE HOUSING AUTHORITY OR THE HFC, THE PUBLIC ENTITY HAS WHAT'S CONFI CONSIDERED EQUITABLE OWNERSHIP. YOU MAY NOT OWN THE LEASEHOLD INTEREST TODAY, BUT BECAUSE YOU HAVE THE POWER TO SAY GOODBYE, GO AWAY, AND YOU'RE CONTROLLING IT TODAY, THAT BASKET OF RIGHTS CONSTITUTES EQUITABLE OWNERSHIP. AND IN THAT CASE, THE PARTNERSHIP CAN ENJOY THE SAME, UH, EXEMPTION FROM REAL ESTATE TAXES THAT THE HOUSING AUTHORITY ITSELF ENJOYS ON THE FEE INTEREST IN, IN THE LAND. SO BASICALLY, BOTH THE FEE INTEREST AND THE LEASE HOLD INTEREST ENJOY THE SAME, UH, TAX EXEMPTION. AND WHAT THIS DOES IS THIS ALLOWS, THE TAX EXEMPTION ALLOWS THESE PROJECTS TO BE DONE. WHEN YOU TAKE A MILLION DOLLARS A YEAR, WHICH IS ABOUT AN AVERAGE OFF THE, UM, UH, OPERATING EXPENSES FOR A PROPERTY, THEN YOU CAN MAKE THEM AFFORDABLE TO LOW AND WORKFORCE LOW INCOME AND WORKFORCE FAMILIES. UM, SO THOSE ARE MY SLIDES. DID YOU, DID YOU HAVE ANY QUESTIONS ABOUT THE TECHNICAL AND LEGAL ASPECTS? NO, WE DO NOT HAVE ANY QUESTIONS IN THE QUEUE FOR THIS. WE'RE GONNA ASK THAT WE RESERVE, BECAUSE WE DO HAVE PUBLIC SPEAKERS FOR OTHER ITEMS. SO, UM, IF YOU CAN JUST JOT DOWN YOUR QUESTIONS AND THEN WE'LL COME BACK AFTER THE END OF THE COMPLETE, UM, PRESENTATION. THANK YOU. THANK YOU. OKAY. I CAN, THANK YOU, SHANNON. JUST, JUST SOME OTHER THINGS TO NOTE ABOUT THAT 3 92 MECHANISM IS THAT THESE 3 92 DEALS AT THIS POINT IN TIME DOES NOT NEED TO COME BEFORE THE CITY FOR APPROVAL. SO JUST WANTED TO MAKE THAT, EVERYONE AWARE ABOUT THAT, ABOUT THAT. UM, JUST TRYING TO FLIP THROUGH. OKAY. SO, UM, AS, AS SHANNON NOTED EARLIER, CHAPTER 3 0 3, UM, THE CHANGES, UM, NEXT SLIDE PLEASE. 50% OF THE UNITS REMAIN AFFORDABLE. [02:00:01] UM, THE, THERE'S A REQUIREMENT NOW FOR 10% TO BE AT 60% A MI, THE HOUSING AUTHORITY IS PUSHING FOR A MINIMUM OF 20% OF 60% A MI. AGAIN, WE'RE LOOKING, WE ARE, WE'RE COGNIZANT OF THE JUDICIAL, UM, OR THE, THE IMPLICATIONS OF DOING THESE PROJECTS. AND IN OUR FINANCIAL ANALYSIS, WE ARE TRYING OUR BEST TO, UM, CREATE PARTNERSHIPS THAT ARE FINANCIALLY VIABLE, NOT ONLY TO THE HOUSTON HOUSING AUTHORITY, BUT ALSO FOR THE DEVELOPER. OKAY. UM, AGAIN, JUST ON SOME ADDIT ADDITIONAL CHANGES, THERE'S A NEW UNDERWRITING, WHICH MEANS THAT INDEPENDENT CONSULTANT MUST BE PART OF THE EVALUATION TO ENSURE THAT WITHOUT THIS AVALARA TAX MECHANISM, THAT THE PROPERTY WILL NOT FUNCTION. RIGHT. AND THEN SHANNON MENTIONED IT THAT IT, IN THE CASE OF THE CITY OF HOUSTON, ANY DEVELOPMENTS WITHIN THIS COMMUNITY NEEDS TO COME BEFORE YOU FOR FINAL APPROVAL OR FOR APPROVAL, SORRY. UM, SO, YOU KNOW, AS WE, AS WE MOVE FORWARD WITH AFFORDABLE HOUSING, HOUSTON, NEXT SLIDE PLEASE. UM, THE ULTIMATE GOAL SORT OF TIES INTO THE HOUSTON HOUSING AUTHORITIES GRAND VISION FOR, ON HOW IT ADDRESSES OUR EXISTING PROPERTIES, HOW IT ADDRESSES THE AFFORDABILITY NEEDS WITHIN THE CITY OF HOUSTON, AND HOW WE TRY OUR BEST TO ENSURE THAT OUR EXISTING PUBLIC PORTFOLIO IS UPGRADED TO MEET THE NEEDS OF OUR, OF OUR RESIDENTS. SO, UM, AS WE GO THROUGH THIS IN, IN TERMS OF PRIORITY, THE GOAL IS REPLACE PRESERVE REPOSITION OF HH A'S PORTFOLIO. UM, WE'LL TALK A LITTLE BIT ABOUT WHAT IS CONSIDERED PUBLIC BENEFIT AT A LATER POINT DURING THE SLIDE, BUT WE, WE ARE ALWAYS LOOKING FOR MECHANISMS TO INCREASE THAT PUBLIC BENEFIT. UM, THERE'S A DESIRE, AND WE'VE BEEN WORKING AT THIS, UM, WE'VE BEEN WORKING WITH THE KINDER INSTITUTE AS WELL AS OTHER INSTITUTES. UNFORTUNATELY, WE HAVE NOT BEEN ABLE TO GET THE METRICS TO SUBSTANTIATE IT. BUT, UM, WHAT WE'RE DOING IS, IN OUR NEW SOLICITATIONS, WE ARE REQUESTING DEVELOPERS TO JUSTIFY BASED OFF OF COUNCIL DISTRICT THE NEED TO PROVIDE AFFORDABLE HOUSING IN EVERY SINGLE COUNCIL DISTRICT SO THAT WE CAN CREATE THOSE METRICS THAT ARE NECESSARY IN ORDER TO JUSTIFY HOW WE MOVE FORWARD WITH AFFORDABILITY ACROSS OUR REGION. UM, THERE IS ALSO A MANDATE TO PRESERVE AFFORDABLE HOUSING. I DON'T THINK THAT ANYONE IN THIS ROOM WANTS AFFORDABILITY OR AFFORDABLE UNITS TO GO AWAY. SO WE'RE WORKING WITH DEVELOPERS WHEN THEY RUN INTO THOSE SITUATIONS TO FIGURE OUT MECHANISMS THAT WE CAN HELP THEM CONTINUE TO MAINTAIN THAT AFFORDABILITY. AND THEN LASTLY, YOU KNOW, ANY WAY THAT WE CAN REDUCE RENT BURDENS ON FAMILIES IN THE CITY OF HOUSTON. SO THOSE ARE OUR MANDATES AND THOSE ARE THE MANDATES THAT WE'RE USING TO MOVE FORWARD, UM, THAT WILL BE HEAVILY SCRUTINIZED AS WE MOVE FORWARD WITH OUR SOLICITATIONS, NOT ONLY FOR THE PSC DEALS, BUT ALSO FOR THE CHAPTER 3 92 AND OUR LITECH PROPERTIES. JAY, LET ME ADD SOMETHING. UM, JAY MENTIONED EARLIER ABOUT REPLACING AND PRESERVE AND REPOSITION THE HOUSING DOORS PORTFOLIO. I MENTIONED EARLIER ABOUT, UM, THE CHOICE NEIGHBORHOOD INITIATIVE RENT THAT WE RECEIVED. SO JUST FOR, UH, CONTEXT, UH, CUNY HOMES IS 70, I THINK 72 YEARS OLD, 74 YEARS OLD. MOST OF OUR PROPERTY IS THAT OLD. AND SO FOR TODAY'S MARKET AND NEEDS FOR ELDERLY FAMILY, UM, YOU KNOW, WE JUST PUT AC JUST THIS LAST YEAR IN, UM, PROBABLY SIX. WE, WE PROVIDED 1600 AC UNITS TO OUR, UM, UH, PUBLIC HOUSING INVENTORY. AGAIN, WHEN WE, UM, HAVE THE ABILITY TO CREATE, UM, PUBLIC, PUBLIC FACILITY CORPORATIONS AND GAIN INCOME AS A BUSINESS, WE REINVEST IN OUR 72-YEAR-OLD PROPERTIES. UM, CHOICE NEIGHBORHOOD INITIATIVE. CUNY HOMES IS 553 UNITS. WE'RE BRINGING BACK 1100 UNITS THROUGHOUT THE THIRD WARD AREA AND DECREASING THE DENSITY OF, UM, CUNY HOMES. AS PART OF THAT, WE PURCHASED LAND AND, UM, THEY MAY GET INTO THIS A LITTLE MORE, BUT THE LAND THAT WE PURCHASED IN ORDER TO RECEIVE THAT $50 MILLION GRANT OF SEED MONEY TOWARDS 650 MILLION OVER EIGHT YEARS, AND TO BRING NOT JUST HOUSING, BUT INFRASTRUCTURE, UH, HEALTH FOR COMMUNITIES, EDUCATION, UM, AND, AND AGAIN, THAT HOUSING, UM, IS SOMETHING THAT WE WAS ABLE TO DO BECAUSE [02:05:01] OF THE INCOME WE GAINED, UM, FROM PUBLIC FACILITY CORPORATIONS, PARTNERSHIPS THAT WE HAVE. IF WE DIDN'T HAVE THAT FUNDING, WE WOULD NOT HAVE RECEIVED THAT IN, UM, THAT INFLUX OF LEVERAGE MONEY TO MAKE THIS DEAL WORK IN THE RIGHT WAY. YEAH, UNDERSTAND, I THINK THAT'S A GOOD POINT. AS, AS WE MOVE FORWARD, HOW MUCH MONEY DO YOU RECEIVE FROM THE CITY OF HOUSTON'S GENERAL FUND? NOTHING. THAT'S WHAT I THOUGHT. OKAY. ? NO. YEAH. AGAIN, WE DON'T RECEIVE ANY FUNDING, UM, OTHER THAN THE DEPARTMENT OF HOUSING URBAN DEVELOP THAT'S, UH, FEDERAL. AND ANOTHER CONTEXT IS THAT, FOR EXAMPLE, UM, YOU KNOW, WE RECEIVE AT TIMES 98% ON A DOLLAR, SOMETIMES 76 CENTS ON A DOLLAR. AND SO DRAMATICALLY IT HURTS THE PROGRAMS. IF THEY TELLING US TO TAKE A DOLLAR, UH, TO RUN THIS PROGRAM, THEY GIVE US 76 CENTS. SO WE HAVE TO BE STRATEGIC AND INTENTIONAL ABOUT BEING A BUSINESS IN ORDER TO MAKE SURE OUR PROGRAMS WORK. YEAH. THANKS DAVID. SO, UM, THIS SPECIFIC SLIDE, WE JUST, UM, WE'RE TALKING ABOUT THE COLLABORATION THAT WE'VE BEEN WORKING WITH, UM, WITH, UM, WITH HCD IN ORDER TO MOVE THESE DEVELOPMENTS THROUGH THE CITY OF HOUSTON. SO, UM, ALL OF THE, ALL OF THE LINES THAT ARE HIGHLIGHTED OR CHANGES THAT ARE DUE TO, UM, THE CHANGE TO HB 2071, CHAPTER 3 0 3, UM, WHERE THE INDEPENDENT CONSULTANT OPINION I SPOKE ABOUT, UM, THERE'S A PUBLIC NOTIFICATION FOR 30 DAYS ON THE HOUSTON HOUSING AUTHORITY WEBSITE. UM, WE'RE, AGAIN, WE'RE STILL WORKING WITH THE CITY REGARDING THE APPROVAL PROCESS, CITY HCD, REGARDING THE APPROVAL PROCESS. BUT THE HOUSING AUTHORITY, SOME MEMBER OF THE HOUSING AUTHORITY WILL BE PRESENT, UM, THROUGH THE COMMENT SEC SESSION. UM, ONCE IT IS APPROVED BY COUNCIL, WE'RE ASKING, WELL, WE ARE SENDING IT BACK TO THE HOUSTON HOUSING AUTHORITY BOARD FOR APPROVAL. AND THEN AGAIN, ONE OF THE OTHER CHANGES IS TDHC, THE TEXAS DEPARTMENT OF HOUSING COMMUNITY AFFAIRS BECOMES A PART OF THE COMPLIANCE MECHANISM IN ADDITION TO THE HOUSTON HOUSING AUTHORITY. NEXT SLIDE, PLEASE. . SO WE'LL AS, SO AS, SO AS PART OF THE SOLICITATION PACKAGE. NEXT SLIDE, PLEASE. WE, WE, WE, WE HAVE A SCORECARD, UM, AS WELL AS WE HAVE A CONSULTANT. HIS NAME IS DAVID COOPERMAN, AND IF I CAN ASK HIM TO COME UP AND JUST TALK THROUGH THIS WITH YOU ALL, BUT SWIFTLY, QUICKLY, SWIFT, SWIFTLY, YOU HEARD THAT DAVID SWIFTLY NO. STORYTELLING TODAY. SO WE WON'T, WE WON'T GO OVER ALL THREE. WE WON'T GO OVER. WE'LL JUST GO OVER ONE. YEAH, WE ONLY, WE'RE ONLY GOING OVER ONE. UM, MOST OF THE INITIAL ITEMS ARE PRETTY STRAIGHTFORWARD WHERE WE, WE LOOK AT THE CITY OF HOUSTON DISTRICT, WE LOOK AT FLOOD PLAIN, A LOT OF WHAT, UM, A TAX CREDIT DEVELOPMENT WOULD LOOK AT. WE ALSO LOOK AT AS WELL. BUT I WANTED HIM SPECIFICALLY TO TALK ABOUT, UM, WHAT WE CONSIDER THE PUBLIC BENEFIT AND JUST WALK THAT THROUGH WITH YOU ALL SO THAT EVERYONE UNDERSTANDS HOW WE DERIVED THOSE NUMBERS. THANK YOU, SIR. THANK YOU. YES. I'M DAVID GUTERMAN. UM, THEY CALL ME INDEPENDENT CONSULTANT, BUT THEY HAVE ME WORKING 50 HOURS A WEEK. THANK YOU FOR THAT. UM, SO WE, WE STARTED THIS PROCESS LIKE ABOUT SIX YEARS AGO. AND THROUGHOUT THE YEARS, UH, WE'VE LEARNED, UH, WHAT TO DO AND WHAT NOT TO DO, AND HOW BEST TO INVESTIGATE AND ANALYZE, UH, WHICH PROJECTS THAT COME TO US, WHICH PROPOSALS THAT COME TO US, UM, WOULD BE A GOOD INVESTMENT, A GOOD PARTNERSHIP FOR THE HOUSING AUTHORITY. UM, ONE OF THE MAIN THINGS THAT WE CREATED IS THE CONCEPT OF THE PUBLIC BENEFIT. WHEN WE STARTED THE, THE, THE, THE CONCEPT OF THE PUBLIC BENEFIT, WE WERE, UM, USING PERCENTAGES OF BELOW 90% EVENTUALLY, AND I WILL EXPLAIN WHAT A PUBLIC BENEFIT IS. UH, EVENTUALLY WE TOOK IT TO 90%, AND NOW WE HAVE MOVED UP AGAIN TO 95%. THE CONCEPT OF PUBLIC, UM, BENEFIT IS, UM, OVER A PERIOD OF 10 YEARS THAT WE ANALYZE, [02:10:01] UM, THE, THE NEW CONSTRUCTION, THE BENEFITS. HEY, HEY, DAVE. ONE SECOND. CAN WE GO TWO SLIDES PLEASE? THANK YOU. THE, THE, THE, THE CONCEPT OF THE PUBLIC, UM, BENEFIT IS, IS THE, UM, WE WANT TO SEE THAT OVER A PERIOD OF 10 YEARS, THE PROPERTY TAX EXEMPTION THAT, UH, WE OFFER TO THE DEVELOPER AND THEIR INVESTORS, UM, 95% OF THAT EXEMPTION, UM, COMES BACK IN ONE WAY OR ANOTHER TO THE HOUSING AUTHORITY, FOR INSTANCE. UM, THE AVERAGE OF PROPERTY TAX TODAY, WE, LET'S SAY THAT IS A A MILLION DOLLARS. UM, SO OVER A, UH, 10 YEAR PERIOD THAT WILL BE $10 MILLION OF BENEFIT FOR THE DEVELOPER. UH, WE WANT TO SEE AT LEAST 9.5 MILLION, UH, OF THAT, UM, THOSE SAVINGS THAT HE HAS BACK TO US IN A WAY THAT, UM, WILL BENEFIT FIRST THE RESIDENTS, UM, WHAT WE CALL THE, THE RENTAL DELTA. I MEAN, HOW MUCH, UH, ON, ON THE, ON THE, UM, UM, UH, RENTAL DISCOUNTS, IF YOU WILL. UM, OVER A PERIOD OF 10 YEAR, OUR RESIDENTS WILL BENEFIT OFF. AND THAT IS THE RENTAL DELTA. AND THEN HOW MUCH CASH COMES BACK TO THE HOUSING AUTHORITY TO ALLOW US TO PROCEED AND BUILD OUR OWN DEVELOPMENTS, UH, AND CREATING NEW AFFORDABLE HOUSING. AND, UM, AND IN GENERAL, UM, REHAB ALL THE, UH, HOUSING INVENTORY THAT WE HAVE TO DATE. SO WE DON'T TOUCH ANY PROJECT THAT THAT DOES NOT COMPLY TODAY. WITH THAT 95% OF PUBLIC BENEFIT, 95% OF THE TAX SAVINGS COMES BACK ONE WAY OR ANOTHER TO THE COMMUNITY. UM, THAT, THAT IS A ONE. UM, THE, THE MAIN BENCHMARK THAT WE USE, THE SECOND ONE THAT WE HAVE ALWAYS, UH, PUSHED FOR IS THE IMPROVEMENT OF THE AFFORDABILITY. WHEN WE STARTED THE WORKING ON THE ANALYSIS, UM, ALL WE HAD IS AN 80% A MI, UM, 60% WAS NOT AVAILABLE, MUCH LESS, UH, 50 OR 30%. UM, WE'VE BEEN ABLE TO, WE STARTED, UM, UH, OBLIGATING, IF YOU WILL, UH, THE, UH, DEVELOPER TO, UH, ALLOW 10% OF THE UNITS TO BE AT A 60% A MI LEVEL. UM, WE'RE NOW AT 20%, NO LESS THAN 20%, UH, OF THE UNITS HAVE TO BE AT A 20% LEVEL. AND WE KEEP INCREASING THAT. AND WE, WE, WE HAVE NOW, UM, PROPERTIES THAT COME TO US AND THROUGH NEGOTIATIONS, WE TAKE THEM UP TO 25% AT 60%. SO, UM, THE AFFORDABILITY OF THIS, UH, NEW NEGOTIATIONS TAKES US TO A POINT WHERE, UM, UH, 25% OF THE AFFORDABILITY IS, UH, AT 60% AND THE OTHER 25 OUTTA THE TOTAL 50% THAT WE INSIST ARE ON, ON THE 80% LEVEL. UM, SO THAT, THAT IS THE, THE, THE SECOND BENCHMARK THAT WE USE. UM, THERE ARE SEVERAL THINGS WE, WE LOOK, UM, AT THE, UM, UM, AT THE, UM, CO I MEAN, ESPECIALLY ON NEW DEVELOPMENT. ESPECIALLY ON NEW DEVELOPMENT, WE SEE HOW MUCH, UM, THE CONSTRUCTION COSTS THE DEVELOPER IS, UM, PROPOSING, UM, IN, IN, IN THIS, UH, SLIDE. UH, CAN WE GO TO THE NEXT SLIDE, PLEASE? THE ONE PRIOR, I'M SORRY. PRIOR, YES. THAT SLIDE, THAT ONE NO, PRIOR. ONE MORE PRIOR. ONE MORE PRIOR. I'M SORRY. WELL, I THINK THAT, UM, YOU KNOW, I THINK IT'D BE SOME QUESTIONS, UH, FROM COUNCIL, UH, RELATED TO IT. I THINK, YOU KNOW, IT CLEAR ARTICULATES SOME OF THE INFORMATION THAT WE WANT TO TALK ABOUT. UH, ONE LAST EXAMPLE I WANT TO MENTION IS THAT THE HOUSING AUTHORITY THIS YEAR HAD FIRST, UH, UH, A FELLOWSHIP PROGRAM. ONE, WE WANNA BE INTENTIONAL ABOUT INVITING INDIVIDUALS TO LEARN ABOUT THE HOUSING AUTHORITY. SO WE HAD FIVE COLLEGE STUDENTS THROUGHOUT THE NATION COME INTO THE [02:15:01] HOUSING AUTHORITY FOR 10 WEEKS AND WORK WITH OUR VARIOUS HOUSING APARTMENTS. ONE OF THE YOUNG LADIES THAT GRADUATED, I THINK FROM, UH, ONE OF THE LOCAL COLLEGES HERE IN, IN THE HOUSTON AREA, UM, DECIDED TO WORK AT THE HEALTH AUTHORITY. SHE LIVES IN A PUBLIC FACILITY CORPORATION RIGHT DOWN THE STREET FROM THE HEALTH AUTHORITY, WHICH YOU CAN WALK TO WORK. AND SO THAT'S WHAT WE'RE DOING IN TERMS OF A GOAL. WE ARE ALLOWING FIRST YEAR GRADUATES THAT HAVE A JOB, FIRST JOB, TO LIVE IN CLASS A PROPERTIES, UM, SO THEY CAN, YOU KNOW, LIVE IN A CITY AND NOT HAVE TO, UM, TRAVEL BACK AND FORTH TO THE SUBURBS IN ORDER TO HAVE AFFORDABLE HOUSING. AND SO I'LL END OUR PRESENTATION THERE AND ACCEPT ANY, UM, QUESTIONS THAT THE COUNCIL MEMBERS, UH, MAY HAVE. THANK YOU. WE DON'T HAVE ANY COUNCIL MEMBERS IN THE QUEUE. WE DO HAVE STAFF FROM COUNCIL MEMBER RAMIREZ. UM, AND LET ME SAY, UH, I DON'T WANNA TALK ABOUT MY FIRST DEPARTMENT. OKAY. , UH, IT WAS NOT CLASS A. IT WAS NOT CLASS A, BUT I WAS IN GRADUATE SCHOOL TRYING TO GET BY AND IT WAS WHAT I COULD AFFORD. AND, UM, I WAS ABLE TO, YOU KNOW, WORK, GO TO SCHOOL, BE PRODUCTIVE. UM, SO I THINK, UM, I THINK WE HAVE TO DO A BETTER JOB OF, UH, BRINGING THE HUMANITY TO THE RESIDENTS THAT ARE IN THESE PROPERTIES. UH, AND Y'ALL NEED TO PAY PEOPLE A LITTLE BIT MORE, SO MAYBE SHE WOULDN'T BE IN NO PSC . OKAY. GO AHEAD. ALL RIGHT, THANK YOU. UM, SO I'M LOOKING AT SLIDE 22. I DUNNO IF YOU WANNA GO BACK THERE. RIGHT. SO WHERE IT SAYS BACKEND CASH, THE 9 MILLION FOR THIS PROJECT, THAT'S THE AMOUNT THAT THE HOUSING AUTHORITY WILL EARN OFF OF THE SALE PROCEEDS. IS THAT RIGHT? UH, I'M SORRY, CAN YOU REPEAT THE QUESTION? YES, SHE SAID BACK IN CASH. WHAT, WHAT IS BACK IN CASH? OH. UM, OUR ANALYSIS IS FOR 10 YEARS, AND, UH, AT THE END OF THE 10 YEARS, THERE IS A, A SALE, UH, FOR INSTANCE, OR A CAPITAL EVENT. UM, THERE IS A WATERFALL. I MEAN, WE, WE ANALYZE THE, UM, PROPERTY. WE PROJECT FOR 10 YEARS THE INCOME. WE COME OUT WITH AN NOI ON THE 10TH YEAR, AND WE CAPITALIZE THAT NOI BY TODAY AT 5.5% BECAUSE INTEREST RATES ARE HIGH. AND THE FIRST THING THAT WE DO IS WE PAY, OF COURSE, THE BALANCE OF THE NOTE. THE SECOND THING THAT WE DO IS PAY THE EQUITY INVESTOR, UM, HIS INVESTMENT. UM, THE THIRD THING THAT WE DO IS WE, UH, HAVE COMMITTED TO THAT INVESTOR THAT AT THE TIME OF SALE, HE WILL GET A 12% INTERNAL VALUE RETURN. SO WE ESTIMATE ALL DURING THE 10 YEARS ALL THE CASH THAT HE HAS RECEIVED ON THE PARTNERSHIP. AND IF, IF, IF, IF ALL THAT CASH THAT HE HAS RECEIVED MEASURED AGAINST HIS INVESTMENT IS NOT A 12% INTERNAL REVENUE RETURN, WE ADD A NUMBER. SO HIS IRA IS IN FACT A 12%. IF ALL THE CASH THAT HE HAS RECEIVED IS, GOES OVER THAT 12%, THEN HE RECEIVE TOO MUCH RETURN AND HE NEEDS TO RETURN TO THE PARTNERSHIP. THAT DIFFERENTIAL, ALL THAT CASH THAT IS LEFT AFTER THAT 12%, WHICH IS WHAT WE CALL THE RESIDUAL CASH, IS SPLIT BETWEEN THE DEVELOPER 85% AND THE HOUSING AUTHORITY 15%. THAT 15% THAT WE GET AT THE END OF THAT 10 YEAR ANALYSIS IS WHAT WE CALL THE BACK END. AND SO THAT SALE, AND FEEL FREE TO CUT ME OFF IF, IF YOU NEED ME TO BACK IN QUEUE. OKAY. UM, SO THAT SALE, IT'S ASSUMING THAT THE PROPERTY IS GONNA STAY AFFORDABLE AT THAT POINT OR REVERTING TO MARKET, THIS ANALYSIS ASSUMES THAT THE SALE REMAINS AN AFFORDABLE PROPERTY OR REVERT EFFECT? NO, NO, NO. WE, WE HAVE THE RIGHT NUMBER ONE, WE HAVE THE RIGHT OF FIRST REFUSAL. IF, IF THE DEVELOPER WANTS TO SELL, WE HAVE THE FIRST LOOK AND, AND HE COMES TO US WITH AN OFFER AND, UM, YOU KNOW, A PROPOSAL OR A LETTER OF INTENT. AND WE, WE WILL ANALYZE THAT AND DECIDE WHETHER WE WANT TO BUY OR ANOTHER PROPERTY, ASSUMING THAT WE DON'T BUY THE PROPERTY. AND OF COURSE, IF WE BUY THE PROPERTY, THE AFFORDABILITY STAYS, ASSUMING THAT WE DON'T BUY THE PROPERTY, THEN WE HAVE THE RIGHT TO APPROVE THE BUYER. THE REASON WE WENT INTO A PARTNERSHIP WITH THE DEVELOPER IS BECAUSE WE KNOW HIS QUALITY. WE KNOW HIS HONESTY, WE KNOW HIS CAPACITY. WE WANT TO SEE WHO IS THE NEW BUYER. AND THAT BUYER, WHEN HE BUYS, HE, HE'S GOING TO COMMIT TO, UH, SAY UP TO 20 MORE YEARS AFTER, AFTER HE BUYS THE PROPERTY. HE'S COMMITTED FOR 20 MORE YEARS TO MAINTAIN THAT [02:20:01] AFFORDABILITY. IN ANY EVENT, IF BY ANY CHANCE, UM, THE AFFORDABILITY STOPS FOR REASONS UNKNOWN TO US, THEN UM, THE, THE PROPERTY GOES BACK TO THE TAX ROLL AND THEY HAVE TO PAY THE PROPERTY TAX. THANK YOU MUCH. AND IF WE CAN GET THAT IN A WRITTEN FORM AS A FOLLOW UP SO WE CAN MAKE SURE WE FOLLOW UP WITH THE OFFICE AND SHARE THAT WITH THE COMMITTEE. UM, I'M SURE THAT'S INFORMATION THAT EVERYBODY CAN BE OF. SURE. AND THEN WE HAVE TO MOVE TO PUBLIC COMMENTS. SO WE'RE GONNA MOVE TO PUBLIC COMMENTS. DO YOU HAVE ANOTHER QUESTION? UH, I HAD MORE QUESTIONS ON THIS ISSUE, SO, UM, BUT I CAN WAIT TILL PUBLIC COMMENT AND DO IT AFTER COMMENT. YEAH, LET'S DO THAT. IF THEY'LL STAY AND THEN WE'RE GONNA DO, RIGHT. 'CAUSE WE DON'T HAVE ANY OTHER COUNCIL MEMBERS IN THE QUEUE. AND IT'S PAST 12 O'CLOCK. WE'RE GONNA DO PUBLIC COMMENTS. I HAVE 13 PEOPLE ON THE LIST. I WANNA START WITH VIS SCOTT, THANK YOU SO MUCH. THANK YOU. THANK YOU MADAM CHAIRWOMAN. UM, WE'LL BE HAPPY TO MEET WITH ANY COUNCIL MEMBER TO ABSOLUTELY MAKE YOURSELF AVAILABLE AS A FOLLOW UP. AND THEN AS NOTED, WE'LL ALSO GIVE WITH THE HOUSING DEPARTMENT, TRANSCRIBE THOSE QUESTIONS AND SEND THAT OUT IN WRITTEN FORM. THANK YOU MUCH VIS SCOTT GLADYS HOUSE L HERE, SISTER ON. I CAN ALWAYS COUNT ON GLADYS. AND JUST A REMINDER, YOU HAVE TWO MINUTES. WE'LL START THE CLOCK ONCE YOU BEGIN. I HAVE SOME HANDOUTS. SURE. NOT START THE CLOCK. YOU THESE HANDOUTS. YOU READY? UH, YES. I RIGHT. GOOD TO SEE YOU. GO AHEAD, . PEACE TO EVERYBODY. I, UH, HAVE HANDOUTS AND, UM, THAT SHOW SOME OF THE, UH, CONCERNS. I'M GLAD TO SEE THE PROGRESS THAT MR. NORTHERN IS MAKING AT, AS THE, UH, HEAD OF THE HOUSTON HOUSING AUTHORITY. I'VE SEEN THE COAS AND THE NVS POSTED AS OF AUGUST 20TH ON THESE CHILLS OR SOMETHING ELSE. AND, UM, SO THAT IS TO REPLACE THE SIDING AS WELL AS THE, THE ROOFING OF, UH, THE HOUSING THAT IN THE HISTORIC DISTRICT OF FRIEDMANS TOWN. AND, UH, I'M JUST, UH, WANTING TO KNOW WHAT IS THE STATUS OF, UM, ALLEN PROPERTY VILLAGE FOR THE, UH, FAMILIES TO RETURN. UH, IT'S, IT'S SUPPOSED TO BE THIS MONTH, BUT I, I WAS NOT GIVEN A SPECIFIC DATE CH UH, MADAM CHAIR. SO, UM, I DON'T KNOW IF YOU'VE GOTTEN A SPECIFIC DATE. YES, MA'AM. AND I DO NOT HAVE EITHER OF MY PHONES WITH ME, BUT WE DID REACH OUT TO THE HOUSING AUTHORITY IMMEDIATELY AFTER OUR CONVERSATION. THEY DID PROVIDE A TIMELINE. IT IS NOT AUGUST OF 2024. IT IS PHASED OUT. THAT INFORMATION. I'LL MAKE SURE THAT IT'S EMAILED TO YOU SO YOU CAN SHARE THAT WITH OTHER CONSTITUENTS THAT I KNOW YOU'VE BEEN SPEAKING ON THEIR BEHALF. UM, UH, BUT THEY DID RESPOND. WE DO HAVE AN ACCURATE TIMELINE AND A PROCESS TO WHAT'S HAPPENING WITH ALLEN PARKWAY. AND I'M SURE STAFF MEMBERS, UH, WILL BE MORE THAN WILLING TO SPEAK WITH YOU AFTER TODAY'S MEETING, IF YOU JUST STAND BY AND THEY CAN TALK TO YOU ONE-ON-ONE. OKAY. DOES THAT WORK FOR YOU? DOES THAT WORK? OH, I, I JUST HAVE A FEW OTHER, OH, NO, YOU CAN TELL I'M JUST RESPONDING TO A PARKER. NO, YOU'RE GOOD. BUT I APPRECIATE, SO ONCE YOU HANG BACK A LITTLE BIT LATER, I'M SURE THEY'LL BE ABLE TO SPEAK WITH YOU. YEAH. OKAY. AND, UM, YOU NEED TO REALLY, UH, LOOK CLOSELY INTO GLO 'CAUSE IT'S NO TRANSPARENCY. AND, UM, IT APPEARS THAT WHEN YOU HAVE A COMPLAINT AS A HOMEOWNER, IT, IT GOES NOWHERE. AND, UM, I'M JUST, UH, CONCERNED ABOUT, UH, COMMUNITY AGREEMENTS, BUT I, I DON'T, IF YOU CAN LOOK INTO THAT, I, I WOULD APPRECIATE IT. IT DOESN'T HAVE ANYTHING TO DO WITH THE HOUSING AUTHORITY, BUT HOUSING AND OTHER ENTITIES. SO THAT'S IT NOW. THANK YOU. THANK YOU SO MUCH. WE APPRECIATE THE HANDOUT. ALL RIGHT. CHRIS HESSMAN. GOOD AFTERNOON. I'M CHRIS HESSMAN. I AM FROM HOUSTON, HABITAT FOR HUMANITY. AND, UH, WE WORK TO PRODUCE [02:25:01] HOUSING FOR FAMILIES UNDER 80% A MI USUALLY IN THE RANGE OF 40 TO 80% A MI AS DIRECTOR NICHOLS MENTIONED, IT'S REALLY DIFFICULT IN THIS ENVIRONMENT FOR US TO CONTINUE TO PRODUCE THAT HOUSING. AND WE DEF WE DEPEND VERY HEAVILY ON THE SUPPORT THAT THE CITY HAS PROVIDED, UH, THROUGH DOWN PAYMENT ASSISTANCE AND OTHER SUPPORTS. WE ALSO GO OUT TO THE GENEROSITY OF OUR, OUR WONDERFUL CITY AND RAISE PHILANTHROPIC SUPPORT. UM, AND WE WANTED TO HIGHLIGHT THAT THIS CONTINUES TO BE DIFFICULT TO CREATE A HOME THAT'S AFFORDABLE ENOUGH TO BE PURCHASED BY, AS YOU MENTIONED, SOME OF THE STAFF THAT WORK IN THIS BUILDING, THE PEOPLE WHO CLEAN OUR BUILDINGS, THE PEOPLE WHO DRIVE OUR BUSES AND KEEP THE CITY RUNNING. AND AGAINST THAT CHALLENGING BACKDROP, WE REALLY WANT TO CONTINUE TO WORK WITH THE CITY TO IMPROVE, UH, TWO THINGS. ONE, DELAYS IN THE PERMITTING PROCESS, UH, THAT CONTINUE. AND TWO, UM, UNPREDICTABILITY AROUND SOME OF THE SUPPORTS THAT WE RECEIVE. UM, AS HCDD MENTIONED, DEEP DOWN PAYMENT ASSISTANCE IS AN IMPORTANT SUPPORT TO OUR BUYERS. THAT PROGRAM, UH, AT TIMES RUNS OUT OF FUNDING, GOES ON HOLD, ET CETERA. AND SO WE WOULD ENCOURAGE YOU TO LOOK FOR WAYS, UH, AND CONTINUE TO WORK WITH GROUPS LIKE OURS TO FIND SOLUTIONS TO CONTINUE TO DELIVER, AND MORE IMPORTANTLY, SCALE THE AMOUNT OF HOUSING THAT WE CAN PRODUCE FOR THIS GREAT CITY. THANK YOU. NO, THANK YOU SO MUCH. AND IF THERE'S ANY FOLLOW UP OR, UM, ONE PAGES YOU WOULD LIKE THE COMMITTEE TO HAVE, FEEL FREE TO SEND AN EMAIL AND WE'LL GET IT OUT TO ALL THE COUNCIL MEMBERS ABOUT THE WORK OF THE HABITAT. FOR SURE. BOB FLEMING, GOOD MORNING COUNCIL MEMBERS. MY NAME IS BOB FLEMING. I'M A LEADER WITH THE METROPOLITAN ORGANIZATION, UH, A LONG TIME, UH, BROAD-BASED COALITION OF CHURCHES WITH A 40 YEAR HISTORY HERE IN HOUSTON. AS WAS MENTIONED EARLIER, AFTER HURRICANE HARVEY, THE HOUSTON HOME REPAIR COLLABORATIVE, UH, USING PRIVATE DOLLARS REPAIRED 2,500 HOMES IN HOUSTON, BUT LEFT A WAITING LIST OF OVER 400 MORE HOMES TO BE, UH, REPAIRED AFTER HURRICANE, OR EXCUSE ME, WINTER STORM URI 1,252 DAMAGED HOMES WERE REPAIRED AGAIN WITH A LARGE WAITING LIST. THE LESSON HERE IS CLEAR. UH, SPACE CITY IS ALSO STORM CITY, AND THE NEED FOR HOME REPAIR REMAINS. IT'S ONGOING, IT'S GONNA CONTINUE, AND IT'S GONNA COMPOUND OVER TIME. ACCORDINGLY. IN OCTOBER, 2023, OUR ORGANIZATION PUT TOGETHER AN ACCOUNTABILITY SESSION WITH 500 LEADERS IN ATTENDANCE FOR CANDIDATES FOR MAYOR. ALL CANDIDATES AGREED THAT THEY WOULD COMMIT TO THE CREATION OF A PUBLIC PRIVATE PARTNERSHIP TO REPAIR HOMES FOR LOW INCOME FAMILIES IN HOUSTON, AND TO HELP PEOPLE QUALIFY FOR ASSISTANCE, EMERGENCY ASSISTANCE AFTER STORMS. IN A RECENT MEETING WITH TMO, MAYOR WHITMEYER AGAIN AGREED TO WORK TOWARDS THIS GOAL. THAT MEETING WAS IN MAY FOR THE RECORD. TMO SUPPORTS A $500 MILLION PROGRAM FOR HOME REPAIRS IN HOUSTON AND OPPOSES DIVERSIONS OF THESE DOLLARS FOR OTHER PURPOSES, EVEN THOUGH THEY MAY BE WORTHY. BUT WE SENSE A LARGER OPPORTUNITY THAT MS. MS. CHAIRMAN MADAM CHAIRMAN, THAT WE WOULD LIKE YOU TO UNDERSTAND. THE HISTORY OF PUBLIC PRIVATE PARTNERSHIPS IN HOUSTON IS IMPRESSIVE. AND IN MY REGRETTABLY LONG LIFE. IT INCLUDES THE AIDS COALITION OF THE 1980S, THE REFUGEE RESETTLEMENT CONSORTIUM, WHICH STILL QUIETLY OPERATES IN THIS TOWN. AND OF COURSE, THE COALITION FOR THE HOMELESS. WE BELIEVE THAT NOW IS THE TIME TO CREATE A PUBLIC PRIVATE PARTNERSHIP THAT IS PERMANENT AND ONGOING. AND WE SEEK TO WORK WITH THE HOUSING DEPARTMENT AND, AND THE RESILIENCE OFFICE IF NECESSARY, TO CONVENE AND SHAPE SUCH A PARTNERSHIP. AND TO END THE STOP AND GO NATURE OF EMERGENCY RESPONSE AFTER DISASTERS. NOW IS THE TIME, AND WE LOOK FORWARD TO MEETING WITH STAFF TO CONTINUE THAT OPPORTUNITY. THANK YOU. THANK YOU, MR. FLEMING. REVEREND CHARLES TURNER. REVEREND TURNER'S NOT HERE. THANK YOU. TREVOR BARNETT. GOOD AFTERNOON. I'M TREVOR BARNETT. I'M THE EXECUTIVE DIRECTOR AND CO-FOUNDER OF THE RESTORATION TEAM. UH, WE WERE STARTED IN RESPONSE TO HURRICANE HARVEY SEVEN YEARS AGO, UH, TO HELP RESTORE AND REPAIR HOMES IMPACTED BY DISASTERS. UM, FOLLOWING UP WITH, UH, MR. [02:30:01] FLEMING'S COMMENTS OF, UM, BEING FOCUSED ON HOME REPAIR NEEDED IN THIS CITY. UM, AS NOTED, YOU KNOW, SINCE YURI RV NOW BARREL AND THE DERECHO, UH, THAT LIST OF HOMES CONTINUES TO GROW, AND EVERY TIME WE HAVE A DISASTER, THE LOW INCOME HOMEOWNERS, UM, CONTINUE TO HAVE EXASPERATED, UH, CONDITIONS THAT THEY'RE LIVING IN. AND SO OUR GOAL IS TO PREVENT, UM, THOSE HOMEOWNERS FROM NEEDING THE HOUSING AUTHORITY ASSISTANCE, BUT TO BE ABLE TO MAKE NECESSARY REPAIRS SO THAT THEY CAN CONTINUE TO LIVE AND THRIVE IN THIS CITY, IN A HOME THAT THEY HAVE ALREADY HO OWNED. AND SO, WE, UH, ARE ENCOURAGING OF THE COUNCIL AND THE CITY TO CONTINUE TO INVEST IN THOSE REPAIRS NECESSARY. AND IN PROGRAMS LIKE THE RESTORATION TEAM AS WELL AS MANY OTHERS, UM, AS MR. HINMAN NOTED ABOUT HABITAT FOR HUMANITY, THEY ALSO HELP REPAIR HOMES, NOT JUST BUILD NEW HOMES AND HOW WE CAN WORK TOGETHER WITHIN, UM, WITH THE HOUSING AUTHORITY AS WELL AS THE DEPARTMENT OF HOUSING TO MAKE THOSE NECESSARY REPAIRS. THANK YOU. THANK YOU VERY MUCH, MS. SHERRY DUNLAP. GOOD AFTERNOON. I'M SHERRY DUNLAP WITH T-M-O-A-T-M-O LEADER. I WANT TO BRING A SUCCESS STORY VERY BRIEFLY TO YOU, UM, IN REGARDS TO THE SUCCESS OF A PUBLIC PRIVATE PARTNERSHIP. AFTER HARVEY, 2017, WITHIN A MONTH OR SO, UH, TMO WORKED WITH APPROXIMATELY 12 AGENCIES TO BRING THOSE AGENCIES WITH MONEY TO THE PEOPLE WHO HAD THE NEEDS. WE STARTED AT ST. FRANCIS OF A SISSY CATHOLIC CHURCH IN CASHMERE GARDEN AND HELD THREE OUTREACH SESSIONS THERE. AND OVER THAT PERIOD, WE GOT APPROXIMATELY 150 APPLICANTS. THESE WERE PEOPLE WHO HAD, UH, UNMET NEEDS. IT COULD BE FOOD, REFRIGERATOR, WHATEVER, UH, FURNITURE OR THE HOME REPAIRED. UM, WE CANVASSED THE COMMUNITY ONCE THOSE APPLICATIONS STARTED, STOPPED COMING IN. BUT WE WERE ABLE TO GET OVER 12 AGENCIES TO BECOME INVOLVED WITH US IN HELPING THESE PEOPLE. SIX OF THOSE 12 ACTUALLY MET AT ST. FRANCIS WITH THE PARISHIONERS AND COMMUNITY MEMBERS, UM, TOOK THEIR APPLICATIONS. IF THEY DIDN'T QUALIFY FOR THEIR PARTICULAR AGENCY, THEY PASSED THEM ON TO ANOTHER. APPROXIMATELY 75 FAMILIES FROM THE ST. FRANCIS COMMUNITY AND CASHMERE GARDEN RECEIVED HELP WITH REBUILDING. AND I WOULD SAY APPROXIMATELY 105 FAMILIES RECEIVED UNMET NEEDS AND OR REBUILDING. MY BOX IS IN STORAGE RIGHT NOW, SO I DON'T HAVE EXACT NUMBERS, BUT I CERTAINLY COULD GET THEM TO YOU IF NEEDED. BUILDING A PARTNERSHIP LIKE THE ONE THAT TMO BUILT WITH THESE AGENCIES. WE TOOK THE AGENCIES TO THE PEOPLE BECAUSE THEIR CARS WERE FLOODED, THEIR HOME WAS FLOODED. THEY COULDN'T GET OUT OF THE NEIGHBORHOOD, BUT WE FELT LIKE IF WE BROUGHT THEM TO THE CHURCH, THEY COULD GET TO THE CHURCH IN THEIR COMMUNITY. SO, UH, UH, BUILDING THIS PARTNERSHIP WOULD HELP WITH BEING PROACTIVE INSTEAD OF REACTIVE AFTER THE FACT THAT PEOPLE HAVE TO LEAVE THEIR HOMES, TRY AND FIND A PLACE TO STAY, SOMEBODY HAS TO GET THEM A HOTEL OR WHATEVER, THAT'S ALL MORE EXPENSE, RATHER THAN KEEPING THESE HOMES UP TO DATE AS THEY GO ALONG. WE HAVE A LOT OF PEOPLE RIGHT NOW WHO ARE IN NEED OF JUST FIX UP TO MAINTAIN THEIR HOME. UM, THESE ARE ELDERLY PEOPLE, MANY TIMES LOW INCOME FAMILIES THAT HAVE NO OTHER MEANS OF SUPPORT. SO ASSISTING COMMUNITY MEMBERS LIKE THESE AND QUALIFYING FOR REPAIRS, UM, WOULD ACTUALLY HELP THEM WHEN THE FLOOD COMES AND THEY ARE ACTUALLY READY. SOME OF THOSE AGENCIES WERE THE ALLIANCE, WESLEY COMMUNITY CENTER, RED CROSS VOLUNTEER ATTORNEYS AVENUE, CDC, BAKER RIPLEY, GNA RELIEF CATHOLIC CHARITY. WE PARTNERED WITH THE CITY OF HOUSTON HOUSING AND COMMUNITY AND TURNED OUR APPLICATIONS IN WHEN WE HAD DONE ALL THAT WE COULD, UH, BREAD OF LIFE, HABITAT FOR HUMANITY, AND HARVEY HOME CONNECT. UM, WE LOVE ST. FRANCIS COMMUNITY IN CASHMERE GARDEN AND WENT ACROSS THE CITY OF HOUSTON TO OTHER COMMUNITIES. AND, UM, SO THIS, THESE NUMBERS I GAVE YOU WERE RELATED TO CASHMERE GARDEN. SURE. SO IF YOU CAN, UM, ONCE YOU GET ACCESS TO THAT INFORMATION, FEEL FREE TO SEND IT AND WE'LL SHARE THAT OUT, UM, SURE. TO ALL COUNCIL OFFICES. UM, AND WE DO HAVE SOME OTHER, UH, PUBLIC SPEAKERS IN LINE. OKAY. THANK YOU SO MUCH. THANKS FOR JOINING US THIS AFTERNOON. [02:35:01] RENETTA MOSS, ALISON GRIFFIN. CAN, GOOD MORNING. IS IT OKAY? OR AFTERNOON? IS IT OKAY IF I STAND? OKAY. SO I TRY TO MAKE SOME NOTES. SO I RECEIVED NUMEROUS PHONE CALLS FROM PEOPLE IN THE INDUSTRY SAYING, ALICE, YOU GOTTA GO TALK, YOU KNOW, ABOUT THE DOWN PAYMENT ASSISTANCE. SO HERE I AM. SO I MADE A FEW NOTES BECAUSE THERE'S CONCERN THAT MONEY THAT SHOULD BE ALLOCATED FOR SINGLE FAMILY IS NOW BEING ALLOCATED FOR MULTIFAMILY. I JUST WANNA STRESS THE IMPORTANCE OF HAVING THOSE DOWN PAYMENT ASSISTANCE FUNDS. IN THE MID NINETIES IS WHEN I GOT, UH, IN PARTICIPATION WITH CITY OF HOUSTON AND HELPED TRANSITION KINGS ESTATES. THAT'S JUST SOUTH OF SUNNYSIDE HOMES BACK THEN. WERE SELLING FOR 59, 9 90. TODAY THEY'RE VALUED OVER 200,000, AND MOST OF THOSE FAMILIES ARE STILL IN THEIR HOMES. AND I WOULD LIKE TO ALSO JUST RECOMMEND THAT HOUSTON DEVELOPS A STAKEHOLDERS MEETING, SIMILAR TO WHAT MAYOR WHITE DID WHEN HE WAS RUNNING, UH, WHEN HE WAS MAYOR, UM, TO WHERE WE CAN COLLABORATE WITH LENDERS AND REALTORS AND NONPROFITS SO WE CAN ELIMINATE BARRIERS AND DO THAT ON A MONTHLY BASIS. I'D ALSO LIKE TO ECHO ON DAVID NORTHERN'S COMMENTS ABOUT RUNNING A BUSINESS. HE'S BEEN INSTRUMENTAL IN HELPING WORKING WITH HIS STAFF TO SO MANY OF HIS FAMILIES HAVE BEEN SUCCESSFUL ON HOME OWNERSHIP BECAUSE OF THE CITY OF HOUSTON DOWN PAYMENT ASSISTANCE THAT OTHERWISE WOULD NOT HAVE BEEN ABLE TO. HE HAS ALSO HELPED IMPLEMENT A STAKEHOLDERS MEETING AT HHA SOME MORE OF THESE FAMILIES CAN. UH, AND WE WORK AS A COLLABORATION WITH LI LENDERS, REALTORS, NONPROFITS. AND ONE SUCCESS STORY, WHICH IS MY FAVORITE, AND DAVID'S HEARD A FEW TIMES, IS A TEACHER ON THE EAST SIDE WHO IS DETERMINED TO BECOME A HOMEOWNER. TWO YEARS AGO, THE HOMEOWNERSHIP DIVISION AT HHA SAID, NO, NO, NO, YOU'RE NOT READY ON HER OWN. SHE REACHED OUT TO DAVID AND SAID, I'M READY. AND HERE'S MY PLAN. WITHIN 12 MONTHS OF BEING IN HOME OWNERSHIP ON A BRAND NEW HOUSE, SHE WAS OFF THE VOUCHER. ONE YEAR LATER, NOT ONLY DID SHE GET OFF THE VOUCHER, SHE'S TEACHER OF THE YEAR AND TOOK SPECIAL EDUCATION AND GOT A PROMOTION. SHE, SHE'S AT 120% A MI TODAY. ISN'T THAT WHAT WE ALL WANT? THANK YOU. PERFECT. THANK YOU, MARLA LEWIS. GOOD AFTERNOON. MY NAME IS MARLA LEWIS. I'M A REAL ESTATE BROKER, BUT I ALSO SERVE AS THE CHAIRWOMAN OF THE BOARD FOR THE HOUSTON BLACK REAL ESTATE ASSOCIATION, WHICH IS THE LOCAL, UH, BOARD HERE FOR THE NATIONAL ASSOCIATION OF REAL ESTATE BROKERS, WHICH IS A NETWORK OF BLACK REAL ESTATE PROFESSIONALS FOCUSED ON BUILDING WEALTH THROUGH HOME OWNERSHIP. I WANT TO COMMEND THE HOUSING DEPARTMENT FOR EXTRACTING ITEM TWO FROM THE AGENDA. HOUSTONIANS BEING ABLE TO REPAIR THEIR HOMES IS ALSO A VEHICLE TO HELP SUSTAIN THEM IN THAT HOME. UM, MANY DON'T HAVE THE FUNDS TO MAKE ALL THE NECESSARY REPAIRS ALONE. UM, NOT TO MENTION THE REPAIRS, NOT TO MENTION THE, UH, JUST UPKEEP OF HAVING A HOME IN THE FIRST PLACE. SO AGAIN, UM, I COMMEND THE HOU, UM, HOUSING OFFICE FOR PULLING THIS ITEM OFF OF THE AGENDA. THANK YOU. THANK YOU, DOUG SMITH. GOOD AFTERNOON. UH, SEVERAL THINGS THAT I WANT TO COVER. FIRST OF ALL, UH, THE, UH, ITEM FOUR C UH, THE BUDGET FOR THE, UH, NAVIGATION CENTER. DO YOU HAVE A BREAKDOWN OF THAT BUDGET? IT'S THREE AND A HALF MILLION DOLLARS. IF YOU COULD SEND THE BREAKDOWN, RIGHT. I'VE REQUESTED FROM THE HOUSING DEPARTMENT, AND THEY'LL SEND THE, UH, BACKGROUND OF ALL OF THE ITEMIZATION OF EACH LINE, EACH FUNDING STREAM. OKAY, GREAT. UH, AND LOOKING AT THE, UH, IT WENT, THEY WENT THROUGH IT VERY QUICKLY, THE PRESENTATION ON MULTIFAMILY, BUT IF YOU LOOK AT THE COST PER UNIT ON MULTIFAMILY, I'VE BROUGHT THIS UP BEFORE. UH, YOU'RE LOOKING AT MANY OF THEM THAT ARE OVER $300,000, AND IS THAT THE WAY TO GO OR SHOULD WE BE LOOKING AT SINGLE FAMILIES? SO PEOPLE HAVE PRIDE OF OWNERSHIP IN THEIR, UH, IN THEIR OWN HOME RATHER THAN LIVING IN AN APARTMENT? AND I'M NOT SURE THAT'S CORRECT, BUT THE VERY LAST ONE THEY PRESENTED, UH, WAS FOR, UH, YOUNGER PEOPLE, I THINK. AND IF I LOOKED AT IT CORRECTLY, [02:40:01] AGAIN, IT WENT REALLY FAST, BUT IT WAS OVER $700,000 PER UNIT. UH, SO THAT IS REALLY QUESTIONABLE. AND FINALLY, REALLY VERY INTERESTING PRESENTATION ON THE PFCS WITH THE HOUSING AUTHORITY. AND IF YOU HAVE A COPY OF THAT PRESENTATION, IF YOU COULD, I'M SURE YOU HAVE A COPY. IF YOU COULD SEND THAT TO ME, I WOULD APPRECIATE IT. AND ONE OF THE THINGS THAT WAS MENTIONED, UH, AND YOU MIGHT WANT TO CONFIRM THIS WITH THE FINANCE DIRECTOR, UH, IF YOU'RE LOOKING AT NEW CONSTRUCTION, UH, THEY MADE THE COMMENT THAT REALLY, IT DOESN'T MAKE ANY DIFFERENCE BECAUSE THE CITY HAS A PROPERTY TAX CAP. SO GIVING AWAY THESE PROPERTY TAXES DOESN'T REALLY MEAN ANYTHING BECAUSE YOU WOULDN'T COLLECT IT ANYWAY. UH, AS I SAID AT A COUNCIL MEETING LAST WEEK, NEW CONSTRUCTION IS ADDED TO THE CAP. SO YOU ARE GIVING AWAY PROPERTY TAXES, UH, IF YOU APPROVE A PFC DEAL. SO THANK YOU, DOUG. YEAH, ALWAYS GOOD TO SEE YOU. KEVON SHELTON. OH, I'M SORRY. OH, YOU GOT A COPY. PERFECT. THANK YOU. THANKS FOR TAKING CARE OF MY DOUG. GOOD AFTERNOON. I'M KEVIN SHELTON, CO-FOUNDER AND CEO OF PARK STREET HOMES. WE SPECIALIZE IN FOR SALE, AFFORDABLE HOUSING SPECIFICALLY, UH, NOT ONLY IN THE CITY OF HOUSTON AREA, BUT ALSO, UH, NATIONALLY. AND I AM SO HAPPY THAT THE COUNCIL BROUGHT UP, UM, THE STELLA LINK PROJECT. I WAS ONE OF THE ATTENDEES FOR THE PRE-CONSTRUCTION MEETING, AND WE LOOKED FORWARD TO SUBMITTING OUR RESPONSE TO THE PROJECT. THERE WERE SOME UNIQUE HURDLES, UH, ESPECIALLY FOR MID-SIZE AND SMALLER DEVELOPERS THAT MADE IT VERY CUMBERSOME TO ACTUALLY SUBMIT. AND THERE WERE SOME VERBIAGE PIECES THAT ACTUALLY, UM, ADDED TO THE DIFFICULTY IN THE SUBMISSION. I WOULD LOVE TO PROVIDE ADDITIONAL FEEDBACK TO WHOEVER THE, UM, PROPER AUTHORITY WOULD BE. UM, AND I'D LOVE TO GIVE THOSE COMMENTS AND SOME OF THE OTHER COMMENTS FROM SOME OF OUR OTHER LOCAL DEVELOPERS AS WELL. NO, THANK YOU FOR BEING HERE, MAYOR PRO. TIM, THANK YOU FOR, UM, ATTENDING, UH, FIRST OF ALL, AND SECOND, UM, WE WOULD LOVE TO HAVE THAT FEEDBACK. UM, AS WE ARE TRYING TO IMPROVE ON OUR BEST, UM, THE ONLY WAY WE CAN GET BETTER IS IF WE ARE HAVING THOSE TYPES OF CONVERSATIONS WITH THOSE DEVELOPERS SO THAT WE KNOW WHAT THOSE HURDLES ARE. UM, FOR US TO HAVE 130, UM, PEOPLE AT THE MEETING AND TO RECEIVE THREE PROPOSALS, UM, IT, IT DOES SAY WE NEED TO HAVE MORE CONVERSATIONS TO FIGURE OUT WHAT IS, UM, CAUSING US TO NOT HAVE MORE, UM, PEOPLE ACTUALLY PUT IN PROPOSALS. UM, YOU KNOW, WE WANNA LOOK AT OPPORTUNITIES FOR PEOPLE TO BUILD THOSE SINGLE FAMILY HOMES. AND IF THERE'S SOME CHANGES THAT NEED TO BE MADE, IF THERE'S SOME HURDLES THAT WE NEED TO, UM, TRY TO JUMP OR REMOVE SOME BARRIERS, WHATEVER WE CAN DO TO DO THAT, WE NEED TO DO IT. 'CAUSE THE BOTTOM LINE IS WE NEED THOSE SINGLE FAMILY HOMES ON THE GROUND EVERYWHERE WE GO ACROSS THE COUNTRY. PEOPLE ARE TALKING ABOUT HOUSING. HOUSING IS A NUMBER ONE CONCERN, UM, ACROSS THE COUNTRY, UM, NOT JUST IN HOUSTON. SO, UM, WE NEED TO WORK TOGETHER, UM, WITH OUR DEVELOPER COMMUNITY, WITH OUR ADMINISTRATION, UM, WITH OUR COUNCIL MEMBERS, AND EVEN, YOU KNOW, THE RESIDENTS THAT ARE LOOKING TO BUY THESE HOUSES. WE NEED TO HEAR FROM EVERYONE TO FIND THE FORMULA TO MAKE SURE WE GET THOSE HOMES ON THE GROUND. SO I'D BE HAPPY TO, UM, GET THAT FEEDBACK. I KNOW THE CHAIR WOULD, WOULD HAPPILY RECEIVE THAT FEEDBACK. UM, THE, THE DEPARTMENT WOULD HAPPILY RECEIVE THAT FEEDBACK SO THAT WE CAN WORK TOGETHER AND MOVE FORWARD, UM, AND GET THESE ON THE GROUND. SOME OF THE THINGS THAT WE DID TALK ABOUT WHEN WE MET WITH MAYOR WHITMEYER ORIGINALLY WAS ACTUALLY, UM, DIVIDING UP THIS, UH, PARCEL AND MAYBE HAVING THREE OR FOUR DEVELOPERS SO THAT WE COULD TRY TO MEET THAT TIMELINE. MM-HMM . UM, THAT STILL MAY BE AN OPPORTUNITY. UM, AS WE ARE TALKING ABOUT SMALL AND MID-SIZED DEVELOPERS PARTICIPATING IN THE BUILDING OF THESE HOMES IN THIS PROPERTY. I THINK WHATEVER WE COME TOGETHER AND DECIDE TO DO, THIS IS GOING TO BE A MODEL THAT WE CAN USE MOVING FORWARD. SO YOUR FEEDBACK IS GOING TO BE CRITICALLY IMPORTANT. THANK YOU. VICE CHAIR DAVIS. THANK YOU MADAM CHAIR. UM, LET ME, UM, FIRST OF ALL, I MAY HAVE MISSED IT. I'M SURE CHAIR HAS IT LISTED. WHAT IS THE NAME OF YOUR COMPANY AGAIN? PARK STREET. HOMES. PARK. PARK. STREET HOMES. GOT IT. PERFECT. YEAH, 'CAUSE I, I TOO AM YOU KNOW, VERY INTERESTED IN THE FACT BECAUSE WE DO WANT TO SEE MORE DEVELOPERS, YOU KNOW, FOR SINGLE FAMILY HOUSING, WHICH IS VERY, VERY NEEDFUL IN OUR COMMUNITY. SO I LOOK FORWARD TO HAVING DISCUSSIONS WITH YOU AS WELL IN REGARDS TO THAT. THANK YOU SO MUCH. AND I THANK YOU, SIR. I WILL SAY [02:45:01] THE OPTIMISM AND, UH, EXCITEMENT FOR PROJECTS LIKE THIS IS EXPRESSED IN THE ATTENDEES FOR THE PRE-CONSTRUCTION MEETING. IT'S JUST FIGURING OUT THAT SECRET SAUCE TO GET THERE. AND I'M, I'M DEFINITELY MORE THAN HAPPY TO NOT ONLY MEET WITH YOU ALL, BUT ALSO, UH, BRING TOGETHER A LARGER GROUP OF SOME OF OUR LOCAL DEVELOPERS. ABSOLUTELY. JOE HIGGS, UH, JOE HIGGS, ALSO WITH THE METROPOLITAN ORGANIZATION. I WASN'T PLANNING ON SPEAKING, BUT DECIDED TO AFTER HEARING THE DISCUSSION ABOUT THE NEED FOR GENERATORS FOR VULNERABLE POPULATIONS. SO A WEEK AFTER, UM, BURL, WE SENT OUT A, A TEXTED OUT A SURVEY TO A HUNDRED THOUSAND PEOPLE IN REGISTERED VOTERS, UM, AND GOT BACK WITHIN 36 HOUR, OR YEAH, ABOUT 36 HOURS, 4,500 RESPONSES FROM PEOPLE. AND AT THAT TIME, A WEEK AFTER BURL, UH, 70% OF PEOPLE STILL DIDN'T HAVE POWER. UM, AND WE ALSO ASKED THEM TO RATE THEIR SITUATION WITH ONE BEING GREAT AND FIVE BEING IN DIRE SITUATION. AND 48% AT THAT TIME SAID THEY WERE A FOUR OR A FIVE. UM, 14% OF PEOPLE SAID THEY HAD MEDICAL DEVICES, BUT NO ELECTRICITY TO RUN 'EM. AND YOU CERTAINLY HEARD THE GAMUT OF THINGS FROM VERY SERIOUS, COULDN'T DO THEIR DIALYSIS AT HOME TO, UM, AND INTERESTINGLY AND IMPORTANTLY, 40% OF PEOPLE SAID THEY HAD NO ACCESS TO COOLING. UM, NO PLACE THEY COULD GO FOR COOLING. AND ABOUT 15% SAID THEY DIDN'T HAVE TRANSPORTATION TO GO TO SOMEPLACE FOR COOLING. RELEVANT TO THIS GROUP IS WE ASKED PEOPLE TO GIVE COMMENTS AND I'D BE HAPPY WE'VE GOT THESE IN. I'D BE HAPPY TO SHARE THESE AFTERWARDS. WE'VE GOT REPORTS WHERE WE ALSO INVITED PEOPLE TO GIVE THEIR COMMENTS. AND IF YOU WANNA READ THROUGH MISERY, UM, WE'D BE HAPPY TO SHARE IT WITH YOU IN A WAY THAT YOU CAN KINDA SEE. BUT A COUPLE OF THEM REALLY STOOD OUT BECAUSE OF WHAT WAS SAID EARLIER IS A LADY, UM, FROM, UM, GARDEN OAKS SAID, I'VE LIVED IN, I LIVE IN A SENIOR, UH, LIVING FACILITY AND WE'VE HAD NO POWER FOR FIVE DAYS. ANOTHER ONE LIVING IN PASADENA SAID THE SAME THING. SENIOR LIVING FACILITIES SEEM TO BE UNREGULATED BY THE STATE OF TEXAS. WE GAVE SOME TESTIMONY AT THE, UH, SENATE, THEY'RE NOT COVERED. SO SENIOR FACILITIES, SENIOR LIVING FACILITIES SEEM TO BE WIDE OPEN TO INVITE PEOPLE IN AND THEY'RE NOT PROTECTING THEM. UM, WE'D BE HAPPY TO SHARE ANY OF THIS WITH YOUR OFFICES. WE'VE GOT A FAIR AMOUNT OF DETAIL, IF ANY, OF IT'S HELPFUL FOR FUTURE PLANNING ABOUT WHAT WE NEED TO DO TO KEEP PEOPLE FROM SUFFERING AS THEY DID. ABSOLUTELY. UM, PLEASE FEEL FREE TO SHARE, UH, IF IT'S ELECTRONIC, THAT'S EVEN HELPFUL SO WE CAN BROADCAST THAT. WE'LL SEND IT ELECTRONICALLY. PERFECT. THANK YOU MUCH. VICE CHAIR, ARE YOU STILL, ARE YOU IN THE QUEUE? YEAH. OKAY, SIR, CAN YOU COME BACK? THANK YOU, MADAM CHAIR. I JUST WANTED TO MAKE SURE THAT YOU GIVE US THAT INFORMATION. YEAH. THAT LIST WE DEFINITELY NEED. THAT IS, WHICH IS WHAT WE ARE TRYING TO DO FROM A COLLECTIVE OF MINISTERS AND PASTORS. YEAH. IN ORDER TO DO THAT, TO MEET THE GOAL TO THOSE SENIOR CITIZENS THAT NEED THAT, THAT ASSISTANCE. 'CAUSE WE ARE TRYING TO WORK WITH OEM ON THAT. VERY, AND, AND JUST TO GIVE YOU AN EXAMPLE REAL QUICKLY TO FINISH UP, WE HAD OVER 150 TO 200 RESPONSES FROM PLACES LIKE, UH, 7, 7 0 1 6 IN NORTHEAST FROM MONTROSE, FROM THE NOR NEAR NORTH SIDE, FROM SPRING BRANCH, FROM THE NEAR NORTHWEST, FROM THIRD WARD, FROM WEST UNIVERSITY. SO FROM ALL OVER TOWN, PEOPLE WERE SUFFERING. YEAH. IT'S EVERYWHERE. YEAH. YEAH. THANK YOU. THANK YOU SO MUCH. MM-HMM . THANKS FOR BEING HERE. DONNA RICKENBACKER BARKER, NOBODY GETS THAT LAST NAME VERY WELL. DONNA RICKENBACKER WITH EMRICH COMPANIES. I'M A DEVELOPER OF AFFORDABLE HOUSING. I WANNA KEY OFF THE LAST SPEAKER. I'M HERE TO TALK ABOUT THE RESILIENCY REQUIREMENTS THAT YOU ALL ARE PROPOSING IN THIS NEXT NOFA RESILIENCY IS SO IMPORTANT IN AFFORDABLE HOUSING, JUST WHAT'S BEEN SPOKEN TO. BUT PLEASE KEEP IN MIND THAT THERE IS ALREADY A SIGNIFICANT GAP IN THESE 9% DEALS THAT ARE GOING TO BE APPLYING FOR THESE, UH, NOFA FUNDS. VERY MUCH A GAP. THESE GENERATORS ABSOLUTELY COST MONEY. THE COMPLIANCE TO UH, MANAGE, UH, FUNDING ASSISTANCE THAT'S COMING IN THROUGH HCDD IS ALSO EXPENSIVE MONEY BECAUSE YOU'VE GOTTA COMPLY WITH DAVIS BACON AND SOME OTHER REQUIREMENTS. SO WITH ALL THAT SAID, I JUST, I HOPE THAT THE HCDD WHO I'VE BEEN WORKING WITH FOR YEARS, BY THE WAY, YOU ALL HAVE A GREAT STAFF IN HCDD. THEY DO FABULOUS WORK. WE'LL CONSIDER, UM, LOOKING AT SOME OTHER FUNDING SOURCES TO MAKE THOSE GENERATORS AVAILABLE. WE ARE INCORPORATING GENERATORS AT OUR OST LOFTS PROJECT THAT'S GONNA HAVE A PRE-K SCHOOL AND IT COSTS MONEY. BUT WE DID RECEIVE A SIGNIFICANT GRANT OF GLO FUNDS TO MAKE THAT HAPPEN. SO WE ARE USING THOSE FUNDS AS WISELY AS WE CAN, INCLUDING INCORPORATING GENERATORS. SOME OF MY EARLIER DEALS, I WISH [02:50:01] I HAD THOSE GENERA GENERATORS TO AT LEAST, UM, PROVIDE SOME ELECTRIC POWER TO THE CLUBHOUSE AREAS FOR ALL THE REASONS WHY THIS LAST GENTLEMAN SPOKE. UM, AND WE, WE ABSOLUTELY PAID FOR NOT HAVING THAT. I'VE, I HAVE SPOKEN TO HCDD ABOUT THAT. I HOPING, PRAYING THAT YOU ALL WILL TAKE A LOOK AT SOME OTHER FUNDING SOURCES TO START WITH EXISTING DEVELOPMENTS THAT NEED, UM, THOSE GENERATORS ADDED TO THE, THOSE EXISTING PROPERTIES. YOU HAVE ANY QUESTIONS? I'M HERE TO ANSWER. UH, MAYOR PROTO. THANK YOU. UM, CHAIR, ARE YOU FAMILIAR WITH ANY OTHER, UM, FUNDING SOURCES FOR, UM, THOSE TYPES OF GENERATORS THAT CAN BE PUT ON THOSE PROPERTIES? AND THEN MY OTHER QUESTION IS, UM, WE'VE HEARD FROM SOME DEVELOPERS THAT THEY PUT THE GENERATORS ON TO MAKE SURE THAT THE ELEVATORS STILL WORK OR THEY PUT THE, UM, GENERATORS ON TO MAKE SURE THAT THEY HAVE, UM, ACCESS TO, UH, POWER IN THE COMMUNITY CENTER OR IN CERTAIN PARTS OF THOSE PROPERTIES. HAVE YOU SEEN DEVELOPERS DOING MORE OF THAT OR, UM, WHAT EXACTLY DO YOU THINK IS THE BEST WAY FOR US TO MOVE INTO HAVING THESE GENERATORS ON THESE PROPERTIES? SO YOUR FIRST QUESTION IS, ARE THERE OTHER FUNDING SOURCES TO FUND THESE GENERATORS? NOT THAT I'M AWARE OF. IF I WAS, I WOULD BE UTILIZING THOSE OTHER FUNDING TOOLS RIGHT NOW FOR MY EXISTING PROPERTIES, THREE OF WHICH ABSOLUTELY STRUGGLE STRUGGLED IN THE, IN THE LAST HURRICANE. UH, AN ANSWER TO YOUR SECOND QUESTION, UM, WHERE WE'RE UTILIZING THE GENERATORS AT OST, WHICH I THINK IS THE BEST USE FOR YOUR DOLLARS, WOULD BE, UM, IN THE CLUBHOUSE, WHICH IS ALSO INCLUSIVE OF THE LEASING SPACE, THE, UM, KITCHEN, UH, UH, COMPUTER ROOM, AND ALL THE EXERCISE EQUIPMENT, WHICH THEY'RE PROBABLY NOT WANTING TO USE DURING THOSE, UM, POWER OUTAGES. BUT AT LEAST IT SUPPLIES, UH, THE, THE COMPUTER ROOM THAT THEY, THE BUSINESS CENTER THAT THEY CAN UTILIZE THAT SPACE AND HAVING THAT AVAILABLE TO FOLKS TO COME IN FOR COOLING AND TO, YOU KNOW, DO WHATEVER ELSE THEY NEED TO DO, IS HOW WE ARE UTILIZING THEM. WE'VE NEVER UTILIZED THEM IN, IN THE INDIVIDUAL UNITS. I DON'T EVEN KNOW HOW YOU WOULD MAKE THAT WORK FROM A COST PERSPECTIVE. AND THEN MY OTHER QUESTION WAS, UM, DO YOU HAVE ANY FEEDBACK ON HOW THE SOLAR PANELS, UM, PERFORMED, UH, DURING THE HURRICANE AT EDISON? I KNOW THAT YOU, YOU, YOU WERE THE FIRST PERSON TO YES. TO THANK YOU FOR BRINGING THAT UP. KIND OF RESILIENCY IN UH, YES MA'AM. IN EDISON LOSS, IT ABSOLUTELY, WE, THEY'RE THERE. THEY DIDN'T BLOW AWAY LIKE SO MANY OTHER THINGS DID. AND THEY ARE OPERATIONAL, BUT DO KEEP IN MIND THAT THAT OFFSETS YOUR ELECTRIC COST OVER TIME. MM-HMM . AND SO IT'S NOT SOMETHING THAT YOU, THAT WILL PROVIDE THAT ELECTRICITY WHEN, WHEN THE POWER IS OUT. OKAY. IF THAT MAKES SENSE. AND WE'RE ALSO DOING THE, THE SOLAR PANELING OVER AT OST LOFTS. I MEAN, IT'S, YOU KNOW, USE THE DOLLARS WISELY IS ALL I ASK THE, THE CITY COUNCIL AS WELL AS HCDD TO BE LOOKING AT WHEN THEY'RE LOOKING AT GOOD DEVELOPER PARTNERS, UH, TO MANAGE YOUR DOLLARS WISELY. SO AGAIN, WE HAVE USED, UH, THE SOLAR PANELS. WE, WE ARE DOING IT AT OST AS WELL IN OUR DETENTION BASINS AS WELL AS, UH, GENERATORS. 'CAUSE WE'VE GOT THE FUNDING SOURCES TO MAKE THAT HAPPEN. AND THEN I FINALLY JUST WANT TO THANK YOU FOR GETTING YOUR PROJECTS DONE ON TIME. YES. THANK YOU. THANK YOU. THANK YOU. THANK YOU MAYOR PRO TIM, UH, WE HAVE NO ADDITIONAL QUESTIONS IN THE QUEUE. VICE CHAIR FOR TIME. WE'RE GONNA GET THAT IN A WRITTEN RESPONSE. WE'RE GONNA CLOSE OUT VICE CHAIR. FINALLY, IF THERE, IF THERE ARE NO OTHERS, THEN UH, WE, UH, CLUE THAT THIS MEETING IS ADJOIN HONOR. THANK YOU ALL FOR COMING. TELL HIM WHEN THE NEXT MEETING IS. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.