* 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.
          [Housing and Affordability Committee on February 17, 2026.]
          [00:00:18]
          GOOD MORNING TO ALL DIRECTOR AND TO ALL OF THOSE, WE ARE GOING TO GET STARTED. 
          IT IS ROUGHLY NOW 10 O'CLOCK, AND WE WANT TO MAKE SURE THAT WE GO OVER THE, THE AGENDA AND MAKE SURE THAT ALL IS WELL IN THE ABSENCE OF OUR CHAIR. 
          AND WE ARE HAPPY TO, UH, STEP IN AND KIND OF TAKE CARE OF SOME OF THE IMPORTANT THINGS OF OUR CITY. 
          LET ME JUST THINK FIRST AND FOREMOST, UH, WE ARE JOINED THIS MORNING BY THOSE OF OUR COUNCIL, UH, OUR VICE, UH, MAYOR PRO TEM COUNCILMAN AMY PECK IS JOINED WITH US, OUR MAYOR PRO TEM, MARTHA CASTEX TATUM, ALONG ALSO WITH OUR AT LARGE ONE COUNCIL MEMBER JUNIOR RAMIREZ, AND AT LARGE FIVE COUNCIL MEMBER SALLY ALCORN. 
          WE ARE REPRESENTED ALSO BY, UH, REPRESENTATIVES FROM DISTRICT C, UH, ALSO FROM DISTRICT ELF AND ALSO FROM DISTRICT G AND H. 
          THE REPRESENTATIVES ARE HERE, AND SO WE ARE READY TO GET STARTED. 
          AND MOST OF YOU KNOW I AM COUNCIL MEMBER WILLIE DAVIS AT LARGE TWO VICE CHAIR AND WE OF HOUSING AFFORDABLE, UH, BOARD AFFORDABILITY COMMITTEE. 
          AND, UH, WE ARE SO HAPPY TO HAVE THOSE OF US HERE AND OUR DIRECTOR. 
          AND SO WE CAUGHT IN THIS MEETING TO ORDER AND, AND COMPLIANCE, AND WE GOING TO GET STARTED ON THE AGENDA. 
          OUR DIRECTORS HERE. 
          UH, WE WANT TO, TODAY WE GOING TO HEAR FROM ALL OF THESE, PARTICULARLY OUR DIRECTOR AND REGARDING OUR AGENDA. 
          AND SO WE ARE GONNA START OFF WITH COMPLIANCE AND GRANT ADMINISTRATION PRESENTED BY DIRECTOR MIKE NICHOLS AND DEPUTY DIRECTOR DEREK SELLERS. 
          GOOD MORNING, GENTLEMEN. 
          GO RIGHT AHEAD. 
          GOOD MORNING, MR. CHAIRMAN. 
          THANK YOU, SIR. 
          UH, THANK YOU FOR HAVING HERE, OTHER COUNCIL MEMBER. 
          THANK YOU FOR BEING HERE. 
          UM, WE HAVE A, SOME INTERESTING ITEMS THIS MORNING WE'RE GONNA GO THROUGH AFTER WE TALK ABOUT COMPLIANCE AND GRANT ADMINISTRATION AND A, UH, AND CHANGES THERE. 
          WE'RE GONNA SPEND A SUBSTANTIAL AMOUNT OF TIME ON A PUBLIC FACILITY PROJECT, EASTERN MAKER HUB, UH, TO REALLY BRING ALL OF YOU UP TO DATE ON THAT PROJECT AND NEEDS THAT WE HAVE THERE. 
          UM, ONE OF THE THINGS THAT AS I LOOK OVER MY TWO YEARS, UM, WE'VE LOOKED A GREAT DEAL AT HOMELESSNESS AT, UH, SINGLE FAMILY HOUSING, AT MULTI-FAMILY HOUSING, A LOT OF PUBLIC SERVICES. 
          UM, BUT WE HAVEN'T SPENT MUCH TIME ON PUBLIC FACILITIES. 
          IT IS A BIG PART OF THE WORK THAT THE HOUSING DEPARTMENT DOES. 
          AGAIN, MUCH OF IT DEALING WITH FEDERAL FUNDS THAT COME THROUGH. 
          UM, THERE'S AN ECONOMIC DEVELOPMENT PIECE OF THAT THAT'S REQUIRED OUT OF MANY OF THE FUNDS THAT COME THROUGH OUR DEPARTMENT. 
          AND SO THIS IS AN OPPORTUNITY TO LOOK AT ONE PROJECT. 
          UM, YOU'LL SEE THE COMPLEXITIES THERE, BUT ALSO YOU'LL SEE A LITTLE BIT ABOUT HOW WE DO THINGS AND WHAT WE WANT TO GET DONE IN A PUBLIC FACILITIES PROJECT. 
          UM, AND OVERALL, YOU KNOW, JUST TO TAKE ONE STEP BACK, I STILL BELIEVE WE ARE GOING TO SEE OVER THE NEXT YEAR A GREATER EMPHASIS NATIONALLY AND LOCALLY ON AFFORDABILITY OF HOUSING. 
          IT IS A REAL NATIONAL PROBLEM. 
          UM, WE IN HOUSTON THINK WE HAVE A BETTER SITUATION THAN OTHER PARTS OF THE COUNTRY, AND THEY PROBABLY DO, BUT WE, UH, THE AFFORDABILITY PIECE OF OUR HOUSING IS A GREAT COMPONENT OF OUR GROWTH, AND WE'LL SPEND MORE TIME THINKING ABOUT THAT AND TALKING ABOUT THAT. 
          UM, THAT'S THE BIG PICTURE THAT WE'LL LOOK AT. 
          BUT, SO WE'D LIKE TO OPEN UP WITH OUR DEPUTY DIRECTOR, DEREK SELLERS, WHO WE'RE SO APPRECIATIVE TO HAVE ON THIS, ON HIS TEAM AFTER, WITH MORE THAN 20 YEARS EXPERIENCE, AND CERTAINLY, UH, KNOWS MORE ABOUT AFFORDABLE HOUSING THAN MOST PEOPLE WILL EVER LEARN. 
          SO, UM, MR. SELLERS, GOOD MORNING. 
          SO FOR AGENDA ITEMS TWO AND THREE, THEY'RE BOTH RELATED TO THE EAST END MAKER HUB, AND WE KNOW THAT, UH, MANY OF YOU MAY NOT HAVE BEEN ON CITY COUNCIL AT THE TIME THAT THIS WAS ORIGINALLY VOTED ON WITH THE CITY'S INVESTMENT IN THIS PROJECT, UH, MUCH LESS WHEN IT WAS COMPLETED JUST A FEW YEARS AGO. 
          AND SO WHAT WE'VE DONE IS WE HAVE THIS FOUR MINUTE VIDEO THAT WE'RE GONNA SHOW YOU THAT'S GONNA TELL YOU A LITTLE BIT MORE ABOUT THE EAST END MAKER HUB, AND THEN WE'LL GO INTO AGENDA ITEMS TWO AND THREE ABOUT THE ACTIONS. 
          SO THE DEPARTMENT IS RECOMMENDING EMPOWERED BY A HALF MILLION DOLLAR CAPACITY BUILDING GRANT FROM THE EAST END DISTRICT IN 2017 UP. 
          CDC AND TXRX LABS SET OUT 
          [00:05:01]
TO TRANSFORM HOUSTON'S EAST END, CREATING A FIRST OF ITS KIND HUB FOR ADVANCED MANUFACTURING WORKFORCE TRAINING AND ECONOMIC GROWTH. 
          A SELF-SUSTAINING ENGINE OF OPPORTUNITY WITH NEARLY $40 MILLION RAISED IN CAPITAL INVESTMENT TO BUY THE SITE, INCLUDING CRUCIAL SUPPORT FROM THE CITY OF HOUSTON, HUD, THE EDA AND PRIVATE PARTNERS ALL COMING TOGETHER. 
          AND OVER HALF THE FUNDING COMING FROM THE CITY OF HOUSTON THROUGH A HUD LOAN AND GRANT. 
          THE VISION BECAME A REALITY. 
          IN FEBRUARY, 2021, THE EAST END MAKER HUB OPENED ITS DOORS AND THE IMPACT HAS BEEN UNDENIABLE. 
          WITHOUT THE EAST END MAKER HUB, WE WOULD'VE STRUGGLED. 
          WE DID STRUGGLE TO FIND A PLACE WHERE WE COULD DIG IN ON OUR HARDWARE DEVELOPMENT AND OUR RD EFFORT. 
          AND WITHOUT SUCH AN AFFORDABLE FACILITY WITH SO MANY FEATURES, I DON'T KNOW THAT WE COULD AFFORD TO BUILD THIS COMPANY IN THIS ENVIRONMENT. 
          THIS 307,000 SQUARE FOOT FACILITY IS A POWERHOUSE OF SELF-SUSTAINING OPPORTUNITY. 
          65,000 SQUARE FEET DEDICATED TO A MANUFACTURING WORKFORCE INCUBATOR EQUIPPING AMERICANS TO CREATE WORLD-CLASS PRODUCTS, IMPLEMENTING WORLD-LEADING TECHNOLOGIES. 
          234,000 SQUARE FEET LEASED TO HIGH TECH MANUFACTURING STARTUPS PROVIDING AFFORDABLE SPACE FOR SMALL BUSINESSES TO GROW. 
          BUT NONE OF THIS WOULD BE POSSIBLE WITHOUT THE CITY OF HOUSTON'S PARTNERSHIP AND FUNDING. 
          AT MAKER HUB, RENTS ARE 25 TO 30% BELOW MARKET RATE. 
          THAT AFFORDABILITY ISN'T JUST HELPFUL, IT'S ESSENTIAL. 
          IT FREES UP CRITICAL RESOURCES FOR RESEARCH, DEVELOPMENT AND INNOVATION, AND CREATES A SECURE ENVIRONMENT FOR STARTUPS TO INVEST CAPITAL NECESSARY TO ACHIEVE COMMERCIALIZATION. 
          THESE STARTUPS ARE ASSISTED BY ONSITE ENGINEERS AND SCIENTISTS AT PROJECT PARTNER TXRX LABS, THANKS TO THE CITY OF HOUSTON SUPPORT WITH A $22.7 MILLION SECTION 1 0 8 HUD LOAN AND A $1.4 MILLION GRANT, ENTREPRENEURS CAN BUILD, TEST AND THRIVE. 
          AND THE RESULTS ARE CLEAR. 
          OVER 620 HIGH QUALITY CAREER LAUNCHING JOBS CREATED IN UNDER FOUR YEARS. 
          OVER 1300 LOW AND MODERATE INCOME INDIVIDUALS PLACED IN JOBS THROUGH APPRENTICESHIPS AND WORKFORCE TRAINING THROUGHOUT THE REGION. 
          97% OCCUPANCY RATE PROOF THAT DEMAND FOR THESE SPACES IS STRONGER THAN EVER. 
          OVER 17,000 STUDENTS IMPACTED THROUGH STEM EDUCATION, BUILDING THE PIPELINE FOR THE NEXT GENERATION OF AMERICAN INNOVATORS. 
          MORE THAN 150 TEACHERS TRAINED TO BRING MAKER SKILLS TO THEIR CLASSROOMS. OVER 50 STARTUPS AND SMALL MANUFACTURERS UNDER OUR ROOF, OVER 90 BUSINESSES LAUNCHED OR SCALED HERE. 
          THIS IS WHAT A SMART HIGH IMPACT INVESTMENT IN AMERICA'S FUTURE LOOKS LIKE. 
          THE EAST END MAKER HUB ISN'T JUST REVITALIZING A NEIGHBORHOOD. 
          IT'S STIMULATING HOUSTON'S ECONOMY, CREATING NOT JUST LIVABLE WAGES, BUT AMAZING JOBS THAT LEAD TO HIGH PAYING CAREER OPPORTUNITIES. 
          WHEN WE MOVED INTO THIS SPACE, I THINK THE TEAM WAS THREE PEOPLE, AND WE HELD, I THINK FIVE OR 600 SQUARE FEET. 
          WE NOW HAVE 32 EMPLOYEES AND WE OCCUPY 8,000 SQUARE FEET OF THE FACILITY. 
          THE EAST END MAKER HUB HAS ENABLED US TO GROW THE TEAM AND REALLY HAVE AN IMPACT ON OUR INDUSTRY AND TO HAVE AN IMPACT HERE LOCALLY AS WELL. 
          WE EMPLOY 32 PEOPLE, THEY ALL HAVE FAMILIES, AND I'M EXCITED TO BE A PART OF THAT CHANGE IN THEIR LIVES. 
          THE CITY OF HOUSTON'S MODEL IS ONE THAT CITIES ACROSS AMERICA CAN FOLLOW THESE PUBLIC PRIVATE PARTNERSHIPS PROVE ONE THING. 
          WE ACCOMPLISH MORE TOGETHER THAN WE EVER COULD ALONE. 
          STRATEGIC PARTNERSHIPS WITH THE CITY OF HOUSTON DRIVE VISIONARY PROJECTS THAT CHANGE THE FUTURE OF THOSE IN NEED. 
          NOW IS THE TIME TO SUPPORT BOLD VISIONARY PROJECTS LIKE THE EAST END MAKER HUB BECAUSE WHEN WE INVEST IN INNOVATION, MANUFACTURING AND PEOPLE, WE BUILD A STRONGER, MORE COMPETITIVE AMERICA BUILDING HOUSTON'S FUTURE STRENGTHENING AMERICA'S WORKFORCE. 
          THANK YOU. 
          AND SO LET'S MOVE ON TO AGENDA ITEM TWO. 
          'CAUSE I THINK THIS HELPS, UH, SET THE STAGE FOR IT AND WHAT WE'RE ASKING FOR UNDER THIS. 
          SO FOR AGENDA ITEM TWO, THE HOUSING COMMUNITY DEVELOPMENT DEPARTMENT IS RECOMMENDING CITY COUNCIL APPROVAL OF A SUBSTANTIAL AMENDMENT TO PROGRAM YEARS 20 21, 20 22, AND 2023 ACTION PLANS. 
          WE'RE LOOKING TO TRANSFER $1,063,113 AND 60 62 CENTS FROM VARIOUS ACTIVITIES TO THE ECONOMIC DEVELOPMENT ACTIVITY. 
          UH, PER THE CITY'S, UH, CITIZEN PARTICIPATION PLAN, SUBSTANTIAL AMENDMENTS ARE REQUIRED WHEN THERE'S AN INCREASE OR A DECREASE OF A BUDGET LINE ITEM BY 25% OR MORE, UH, WHEN A NEW ACTIVITY IS 
          [00:10:01]
BEING ADDED. 
          SO SPECIFICALLY WHAT WE'RE ASKING FOR THIS SUBSTANTIAL AMENDMENTS, THESE TRANSFERS AND PROGRAM YEAR 2021 WILL MOVE $66,693 AND 65 CENTS IN LEAD-BASED PAINT FUNDS TO ECONOMIC DEVELOPMENT IN PROGRAM YEAR 2022. 
          IT, THIS TRANSFERS $97,620 AND 41 CENTS IN CODE ENFORCEMENT AND A HUNDRED THOUSAND OF PUBLIC FACILITIES FUNDS TO ECONOMIC DEVELOPMENT. 
          AND IN PROGRAM YEAR 2023, THE TRANSFER OF $798,799 AND 56 CENTS IN PUBLIC FACILITIES IMPROVEMENT FUNDS TO ECONOMIC DEVELOPMENT. 
          UH, JUST TO BE CLEAR, THE FUNDS BEING TRANSFERRED FROM LEAD-BASED PAINT IN 2021 AND THEN CODE ENFORCEMENT IN 2022 ARE UNUSED AMOUNTS THAT WERE REMAINING ON OUR LETTERS OF AGREEMENTS WITH OTHER CITY DEPARTMENTS THAT IMPLEMENTED THOSE PROGRAMS. SO THIS WAS LEFTOVER MONEY IN PRIOR YEARS THAT'S BEING REPURPOSED. 
          UH, THESE ECONOMIC DEVELOPMENT FUNDS WILL BE MADE AVAILABLE THROUGH THIS SUB SUBSTANTIAL AMENDMENT AND WILL BE UTILIZED AS PART OF AN AMENDMENT WITH EAST END MAKER HUB, WHICH IS BEING PRESENTED AS ITEM THREE ON THE AGENDA TODAY. 
          UH, THIS CONCLUDES MY PRESENTATION ON THIS SPECIFIC ITEM. 
          OKAY, DEREK, BEFORE WE, UH, MOVE ON, WE HAVE, UM, AM MAYOR PRO TEM, UH, TATUM IN THE QUEUE. 
          SURE. 
          I WAS JUST CURIOUS AS TO WHAT ACTUALLY MADE THESE UNENDED FUNDS DID. 
          WE JUST DIDN'T SPEND, WE DIDN'T ENOUGH PEOPLE DIDN'T SAY THEY HAD LEAD BASED PAINT IN THEIR HOMES FOR US TO HELP CURE THAT. 
          AND SO WE HAD THIS MONEY LEFT OVER. 
          SO THIS, UH, OUR DEPARTMENT ENTERS INTO A LETTER OF AGREEMENT WITH ANOTHER CITY DEPARTMENT FOR A SPECIFIC SCOPE AND BUDGET RELATED TO THESE ACTIVITIES LIKE LEAD-BASED PAINT AND ECONOMIC DEVELOPMENT AT TIMES. 
          A LOT OF THAT IS PAYROLL. 
          SO IT'S CITY INSPECTORS THAT ARE GOING ABOUT AND DOING THIS WORK. 
          I KNOW SPECIFICALLY AROUND LIKE SAY THE ECONOMIC, THE CODE ENFORCEMENT ISSUE, THEY HAD STRUGGLES HIRING ENOUGH INDIVIDUALS, ENOUGH INSPECTORS TO BE ABLE TO SPEND ALL OF THAT FUNDING IN THAT YEAR. 
          UH, I WOULD IMAGINE THERE MAY BE SIMILAR THINGS AROUND LEAD-BASED PAINT AS WELL. 
          AND SO THOSE LETTERS OF AGREEMENT ENDED IN THOSE YEARS, AND THEN WE ENTERED INTO NEW LETTERS OF AGREEMENT FOR OTHER FUNDS IN, IN YEARS SINCE THEN. 
          SO THESE WERE OLD FUNDS THAT WENT UNENDED. 
          AND THEN WHEN YOU TALKED ABOUT THE PUBLIC FACILITIES FUNDS, I, I FEEL LIKE YOU SAID 97,000, YOU MADE 197,000. 
          WELL, IT'S A TOTAL OF 197,000, BUT THAT'S BEING SPLIT BETWEEN TWO ACTIVITIES. 
          ONE IS THE CODE ENFORCEMENT ACTIVITY THAT'S COMING OUT OF 97,000. 
          OKAY. 
          AND THEN A HUNDRED THOUSAND FOR PUBLIC FACILITIES TO TOTAL THAT 1 97. 
          OKAY. 
          GOT IT. 
          THANK YOU. 
          THANK YOU. 
          UH, WE RECOGNIZE COUNCILMAN RAMIREZ. 
          UH, THANK YOU MR. CHAIR. 
          THANK YOU, UH, DIRECTOR AND DEREK FOR THE PRESENTATIONS. 
          I'M CURIOUS THE MONEY THAT YOU'RE PROPOSING TO MOVE FROM LEAD-BASED PAINT AND CODE ENFORCEMENT IN PARTICULAR, UH, THAT'S MONEY THAT, THAT HAS JUST BEEN SITTING ON THE BOOKS 'CAUSE IT'S BEEN UNSPENT, IS THAT RIGHT? YES. 
          UM, HOW LONG CAN IT STAY IN THOSE PLACES IF, IF WE DON'T VOTE, VOTE TO MOVE IT? SO THERE, THIS HUD COMES IN AT SOME POINT AND SWEEPS FUNDS THAT ARE UNUSED FROM OLDER YEARS. 
          AND SO YOU, I THI I THINK IT'S EIGHT YEARS. 
          IS IT SIX YEARS OR EIGHT YEARS? SIX YEARS. 
          AND SO IF YOU HAVE A GRANT OPEN FOR AT LEAST SIX YEARS, IT GOES ON USED. 
          THEY, THEY WILL SWEEP FUNDING, UH, AND IT GOES, UH, INTO, THEY REDIRECT IT WHERE IT'S GOING TO GO. 
          OKAY. 
          WE'RE NOT, WE'RE NOT QUITE THERE YET. 
          RIGHT? CORRECT. 
          AND SO IN, IN CASE FOLKS DON'T KNOW THE, THE REASON WE HAVE, CORRECT, CORRECT ME IF I'M WRONG, THE REASON WE HAVE LEAD-BASED PAINT PROGRAMS IS BECAUSE IT'S BEEN WELL SHOWN THAT THERE'S A CONNECTION BETWEEN EXPOSURE TO LEAD-BASED PAINT, UH, IN UTERO OR, OR WHEN YOU'RE YOUNG WITH INCREASED CRIMINAL ACTIVITY AS AN ADULT. 
          IS THAT YOUR UNDERSTANDING? YES. 
          OKAY. 
          UM, AND SO I'M CONCERNED, 'CAUSE I I THINK LAST YEAR OR YEAR BEFORE LAST, WE TOOK SOME MONEY FROM LEAD-BASED PAINT AS WELL, UH, AND, AND USED IT FOR OTHER PURPOSES. 
          NOW, THE CODE ENFORCEMENT THAT, UH, MERE PRO TEM, UM, ALLUDED TO WHAT, WHAT SORT OF CODE VIOLATIONS WOULD THIS MONEY GO TO ENFORCE? SO IT'S THE, IT'S THE TYPICAL NEIGHBORHOOD CODE ENFORCEMENT ACTIVITIES. 
          AND SO IT'S THE WRITING OF ISSUING OF CITATIONS. 
          OKAY. 
          SO, AND SO WE PAID FOR INSPECTORS FOR, UH, THAT POINT. 
          IT WAS DEPARTMENT OF NEIGHBORHOODS TO GO OUT AND ISSUE CITATIONS. 
          RIGHT. 
          SO, SO THE TYPE OF VIOLATIONS HOUSTONIANS COMPLAIN ABOUT ALL THE TIME, AT LEAST THEY THEY DO, UH, WHEN I'M OUT WITH THEM AND, AND, AND SO FORTH. 
          WHAT, WHAT ABOUT THE MONEY THAT YOU PROPOSED TO TAKE FROM PUBLIC FACILITIES? UM, WHAT, WHAT WAS THAT INTENDED FOR? SO THAT WAS JUST UNALLOCATED 
          [00:15:01]
FUNDING THAT WAS BUDGETED INTO THAT LINE ITEM, UH, BUT WAS NOT PLACED ON A PROJECT. 
          SO WE DIDN'T HAVE A PROJECT LINED UP FOR THAT SPECIFICALLY. 
          ALRIGHT. 
          AND, AND I ASSUME A LITTLE BIT LATER IN YOUR PRESENTATION YOU'LL TALK ABOUT, UH, MOVING MORE MONEY TO EAST MAKE, EAST END MAKER HUB. 
          IS THAT RIGHT? THAT'S GONNA BE AGENDA ITEM THREE. 
          OKAY, THANK YOU. 
          AND A LITTLE BIT OF CLARITY ON THE LEAD-BASED PAINT LINE ITEM. 
          WE ARE A MATCH TO A GRANT THAT'S BEING ISSUED TO THE HOUSTON HEALTH DEPARTMENT. 
          SO OUR FUNDS ONLY COME IN UPON THE HOUSTON HEALTH DEPARTMENT EXECUTING. 
          THEY HAVE THE MAIN GRANT WITH HUD AND THEN WE, THEY HAVE A MATCH REQUIREMENT. 
          WE HELP WITH THAT MATCH REQUIREMENT, BUT THEY ARE IMPLEMENTING THAT PROGRAM. 
          IT'S NOT IMPLEMENTED BY US AND IT'S NOT PRIMARILY FUNDED THROUGH CDBG. 
          WE ARE JUST A MATCH COMPONENT OF IT. 
          ALRIGHT. 
          THANK YOU. 
          THANK YOU. 
          UH, WANNA RECOGNIZE COUNCIL, MR. CHAIRMAN, LET ME ADD TO THIS. 
          SURE. 
          AND, AND THE TWO ITEMS, BLOOD, BLOOD BASED PAINT AND, AND NEIGHBORHOOD. 
          UM, LOOKING, LOOKING AT THE NEED FOR INSPECTORS IN NEIGHBORHOODS ARE IMPORTANT ITEMS. ONE OF THE COMPLEXITIES THAT WE DEAL WITH ALL THE TIME AND THEN, AND IT'S VERY COMPLEX, IS THE NEED TO SPEND MONEY MORE QUICKLY WITHIN A TIME PERIOD. 
          AND SO THE PRESSURES ON, WHETHER IT'S A CITY DEPARTMENT OR A NON-PROFIT AND PUBLIC SERVICES, WE WANNA MAKE SURE THAT MONEY IS SPENT MORE QUICKLY NOT JUST HELD THERE. 
          AND THAT'S IN BEING, BEING, BEING, UM, MOVING MORE QUICKLY TO USE THAT MONEY IS SOMETHING WE HAVE TO DO. 
          IT IS NOT A, UH, COMMENT ON THE IMPORTANCE OF THOSE TWO PROJECTS. 
          IT'S INCUMBENT, IT'S A REAL COMMENT ON GETTING THE MONEY MOVED BEFORE IT SWEPT BY HUD. 
          SO WE USE IT OR LOSE IT. 
          YES, SIR. 
          GOOD POINT. 
          YES. 
          MAY I FOLLOW UP? WE HAVE, WE HAVE ONE OTHER OKAY. 
          COUNCIL MEMBER, WE'LL GET BACK TO YOU. 
          COUNCIL MEMBER ALCORN. 
          THANK YOU CHAIR. 
          AND SO ON, ON THAT SAME VEIN, YOU KNOW, HOW MANY INSPECTORS DOES, DOES, UH, CDBG PAY FOR IN CODE ENFORCEMENT? AT THIS POINT IN TIME? WE ARE NO LONGER FUNDING CODE ENFORCEMENT THAT MOVED OVER TO HPW. 
          THEY AS PART OF THAT TRANSITION. 
          NO. 
          YEAH, I UNDERSTAND WHAT'S HAPPENING, BUT WE'VE, WE'VE HISTORICALLY FUNDED, UH, ABOUT HOW MUCH THAT, ABOUT A HUNDRED THOUSAND A YEAR OR NO, IT WAS, IT SEEMS LIKE MORE, IT WAS SUBSTANTIAL AMOUNT OF MONEY ISSUE. 
          WE FUNDED A LOT. 
          SO COLLEAGUES, THAT WAS MONEY THAT WENT TO ALL THE DISTRICTS, YOU KNOW, THAT IN THE LOW AND MODERATE INCOME AREAS TO HELP WITH CODE ENFORCEMENT. 
          SO NOW WE'RE NOT DOING THAT ANYMORE. 
          I MEAN, I LOVE THE EAST END MAKER HUB. 
          I'M ALL ABOUT IT. 
          I'M ALL ABOUT, YOU KNOW, THAT MONEY. 
          BUT THAT DOES, THAT DOES WORRY ME THAT THAT WOULD SEEM LIKE A GOOD SOURCE OF FUNDS THAT WE USED FOR CODE ENFORCEMENT THAT WE'RE NO LONGER USING. 
          RIGHT. 
          YEAH. 
          I MEAN WE USED TO PAY FOR WHAT, FIVE OR SIX CODE ENFORCEMENT OFFICERS. 
          IT WAS MORE THAN THAT. 
          BUT THE, THE TRANSITION HAPPENED, UH, I THINK IN THIS FISCAL YEAR THAT WE'RE IN NOW AS PART OF, SO THIS YEAR WAS THE ONE, OR LAST YEAR, THIS YEAR DIDN'T HAVE THIS PROGRAM YEAR. 
          SO OVER YEAR 25, WE DIDN'T HAVE ANY. 
          YEAH. 
          SO 25 AND 26. 
          OKAY. 
          WE HAVEN'T, CWBG HASN'T BEEN USED UPON YET. 
          I MEAN, I, I KNEW WE HAD MOVED AT ALL TO PUBLIC WORKS, BUT I, I, I GUESS I JUST WASN'T, I I JUST DIDN'T KNOW. 
          I'VE BEEN AT HGAC FOR ALL THESE MEETINGS, SO I'M, I'M BEHIND, BUT , BUT NOW I'M A NOT THERE ALL THE TIME, SO I'M AN ALTERNATE. 
          SO, UM, I GUESS I JUST DIDN'T REALIZE WE WERE NO LONGER USING CDBG TO, TO FUND ANY OF THOSE ACTIVITIES. 
          AND THE REASON WAS JUST WE WERE GONNA BULK UP AND USE MORE FROM PUBLIC WORKS. 
          WE WERE GONNA LIKE, IT'S NOT LIKE WE'RE LOSING INSPECTORS, IT'S THAT WE'RE JUST HIRING THEM WITH DIFFERENT FUNDS. 
          CORRECT. 
          OKAY. 
          THANKS. 
          THANK YOU. 
          UM, WE, UH, COUNCIL MEMBER RAM, UH, RAMIREZ, DID YOU ADD A COMMENT BEFORE WE GET TO MAYOR? I, I DO. 
          THANK YOU. 
          FOLLOW, JUST TO FOLLOW UP ON YOUR, ON YOUR COMMENTS, UH, DIRECTOR, SO DOES, DOES THE MOVE, UH, FOR CODE ENFORCEMENT TO PUBLIC WORKS MEAN THAT WE CAN NO LONGER USE THESE FUNDS FOR CODE ENFORCEMENT? SO WE, WE, WHEN THAT TRANSITION HAPPENED, WE WERE INFORMED BY HPW THAT THEY HAD THE FUNDING TO HANDLE THIS. 
          THE PAYROLL NEEDED TO IMPLEMENT CODE ENFORCEMENT ON IT. 
          OKAY. 
          SO, SO PUBLIC WORKS IS TELLING YOU THEY DON'T NEED THIS MONEY. 
          CORRECT. 
          IN ORDER TO DO CODE ENFORCEMENT. 
          OKAY. 
          AND, UH, ON THE LEAD BASED PAINT DIRECTOR, UM, IF, IF WE CAN'T SPEND IT QUICKLY ENOUGH, IS THERE, IS THERE A BETTER, BETTER MODEL SOMEBODY ELSE WHO SHOULD BE HANDLING LEAD, LEAD-BASED PAINT ABATEMENT? AGAIN, THAT'S DONE THROUGH THE HEALTH DEPARTMENT. 
          SO I DO DO NOT HAVE AN ANSWER ON THAT. 
          IS DO THEY HAVE THE RIGHT SYSTEM OR OTHER PARTS OF THAT? I'M SURE THAT'S SOMETHING THAT DR. TRAN CAN ANSWER. 
          I DO NOT KNOW. 
          AGAIN, WE WOULD JUST MATCH FOR THAT FOR THEIR PROGRAMMING MONEY. 
          OH, ALRIGHT. 
          [00:20:01]
THANK YOU. 
          THANK YOU. 
          BEFORE WE, UH, GET TO MAYOR PRO, TIM, WE'LL RECOGNIZE THAT WE HAVE REPRESENTATIVE FROM DISTRICT B AS WELL AS, UM, ALSO FROM, UH, AT LARGE THREE'S OFFICE AS WELL. 
          MAYOR PRO TEM. 
          THANK YOU CHAIR. 
          UM, COLLEAGUES, I THINK IT WOULD BE, UM, HELPFUL FOR US IF WE COULD MAYBE IN ONE OF OUR ADDITIONAL COMMITTEE MEETINGS, GET AN UPDATE FROM PUBLIC WORKS ON THE TRAINED CODE ENFORCEMENT OFFICERS. 
          IT'S MY UNDERSTANDING THAT WE MOVE THEM THERE TO PUBLIC WORKS SO THAT THEY COULD BE CROSS-TRAINED AND NOT HAVE INDIVIDUAL INSPECTORS THAT WERE PAID BY CDBG. 
          Y'ALL KNOW MY PUSH FOR EACH DISTRICT HAVING THEIR OWN INSPECTORS, I'M HOPEFUL THAT NOW THAT THEY'RE ALL BEING CROSS-TRAINED, NOW WE CAN ACTUALLY MOVE TO HAVE OUR OWN CODE ENFORCEMENT OFFICERS IN SPECIFIC DISTRICTS SO THAT WE HAVE A DIRECT LINE OF ACCOUNTABILITY. 
          YEAH. 
          UM, BUT WHEN WE WERE PAYING FOR THEM WITH CDBG, THAT WAS ONE OF THE REASONS THAT THEY KEPT GIVING ME IS THAT WE CAN'T HAVE OUR OWN INSPECTORS IN THE DISTRICTS BECAUSE THEY WERE ASSIGNED TO SPECIFIC AREAS BASED ON INCOME AND WHAT WAS HAPPENING IN THOSE PARTICULAR AREAS. 
          SO I'M HOPEFUL THAT NOW THAT WE ARE CROSS TRAINING AND MOVING ALL OF OUR CODE ENFORCEMENT OFFICERS TO PUBLIC WORKS WE'LL BE ABLE TO SPECIFICALLY HAVE SOME ASSIGNMENTS IN OUR DISTRICTS AS WELL. 
          SOUNDS GOOD. 
          SOUNDS GOOD. 
          ALRIGHT. 
          THANK YOU. 
          THANK YOU. 
          AGENDA. 
          ALRIGHT, RYAN BIBS WILL COME UP AND SPEAK TO THE REST OF THE ISSUES AROUND EAST END MAKER HUB. 
          WE DO HAVE RYAN BIBS WILL BE UP AND WE'LL SPEAK TO THE OTHER ISSUES AROUND EAST EASTERN MAKER HUB. 
          UH, ITEM THREE, IF WE MOVE THE SLIDE, UH, WE DO HAVE PATRICK ZEL, WHO'S THE CEO FOR THE EASTERN MAKER HUB HERE TODAY, UH, FOR, TO ANSWER ANY QUESTIONS THAT YOU MAY HAVE FROM HIM. 
          UM, ONE OF THE THINGS HE DID OFFER IS A TOUR, UH, FOR THOSE OF YOU WHO HAVE NOT BEEN TO THE EASTERN MAKER HUB TO SEE WHAT'S GOING ON IN PERSON. 
          RYAN, GOOD MORNING. 
          GOOD MORNING. 
          CO-CHAIR PRO TEM COUNCIL MEMBER AS CHIEF OF STAFF, UH, HCD RECOMMENDS APPROVAL ON AN ORDINANCE AUTHORIZING A SECOND AMENDMENT TO THE LOAN AGREEMENT AND GRANT AGREEMENT BETWEEN THE CITY OF HOUSTON AND EAST END MAKER HUB TO PROVIDE AN INCREASE UP TO $1.5 MILLION IN CDBG FUNDING. 
          UH, NEXT TWO SLIDES, UH, DESCRIBES HOW IN MAY, 2024, THE CITY APPROVED ABOUT $3.3 MILLION IN CDBG FUNDING FOR THE FIRST AMENDMENT. 
          AND THEN ON NOVEMBER 19TH, 2019, CITY AND HUD INTO AN AGREEMENT FOR THE SECTION 1 0 8 LOAN FUNDS FOR ABOUT $22 MILLION, AS WELL AS A ONE POINT MILLION DOLLARS CDBG FOR THE INVESTMENT INTO THE DEVELOPMENT OF EAST END MAKER HUB. 
          NEXT SLIDE. 
          THESE NEXT FEW SLIDES DESCRIBE, UH, EASTERN MAKER S CAPACITY AS FAR AS, UH, 307,000 SQUARE FOOTAGE WAREHOUSE LOCATED AT 65 0 1 NAVIGATION BOULEVARD. 
          UH, IT HELPS FACILITATE ECONOMIC DEVELOPMENT BY PROVIDING BELOW MARKET RENTAL SPACES FOR SMALL MANUFACTURERS, UH, SPACES FOR INCUBATING NEW STARTUP BUSINESSES, WHILE ALSO PROVIDING TRAINING EDUCATION APPRENTICESHIP PROGRAMS FOR THE MINORITY FOR THE COMMUNITY. 
          THE PROGRAMS WILL PROVIDE LOW INCOME INDIVIDUALS WITH SKILLS TO ASSESS, UH, TO ACCESS HIGHER PAID EMPLOYMENT. 
          UH, THE, UH, AS THE DIRECTOR EXPLAINED EARLIER, THE FOUNDER IS HERE, PATRICK ZELL. 
          UH, IF THERE'S ANY QUESTIONS IN REGARDS TO THE, TO THE PROPERTY, UH, I WILL SAY THIS PROPERTY IS, UM, PRODUCING HUNDREDS OF A ONSITE MANUFACTURING JOBS AND HUNDREDS OF REGIONAL, UH, JAW PLACEMENT. 
          I KNOW THE FOUNDER CAN, CAN SPEAK TO THAT AS WELL AS A NUMBER OF, UH, OUR STARTUPS AS WELL. 
          THANK YOU FOR YOUR PRESENTATION. 
          ARE THERE ANY QUESTIONS, ? YES. 
          THANK YOU. 
          CHAIR. 
          UM, I, IS THIS THE EXTENT OF THE PRESENTATION ON THE EAST END MAKER HUB? YES. 
          OKAY. 
          I'M JUST TRYING TO UNDERSTAND, UM, HOW MUCH MONEY THE CITY HAS COMMITTED TO THIS. 
          SO IN 2019, THE CITY LOANED, UH, EAST END MAKER HUB 22.7 MILLION, CORRECT? IS THAT CORRECT? MM-HMM . 
          AND THEN, UM, THERE WAS ANOTHER 1.39 MILLION, CORRECT? YES. 
          [00:25:01]
SO THAT'S THE GRANT. 
          IS IT 1.39 MILLION GRANT? THE OTHER, THE LOAN WAS THROUGH THE SECTION 1 0 8 LOAN PROGRAM, WHICH HAS A NUMBER OF COMPLEX ISSUES THAT I CERTAINLY WOULD RUN AWAY FROM IF I HAD TO DO IT AGAIN. 
          BUT THAT'S THE, THAT'S THE PROGRAM THAT WE, UH, THAT THEY RAISED THE MONEY THROUGH. 
          OKAY. 
          AND THEN, UH, WHICH IS A FEDERAL PROGRAM AMENDMENT TO THE 2019 LOAN APPROVED BY THIS COUNCIL IN MAY OF 24 FOR ANOTHER 3.3 MILLION, CORRECT. 
          TO DID I, DID I GET THIS RIGHT? TO, UH, HELP THEM MAKE, UH, INTEREST PAYMENTS? YES. 
          ARE THERE ANY, UH, PRINCIPAL PAYMENTS BEING MADE AT THE PRESENT TIME? NO. 
          ALRIGHT. 
          AND, UM, THE ITEM THAT, UH, WE WILL BE PRESENTED WITH ON AN AGENDA IS FOR, IS FOR WHAT? ONE, 1.5, 1.69 MM-HMM . 
          8 2 5. 
          OKAY. 
          AND WHEN SHOULD WE EXPECT TO SEE THAT ON ONE OF OUR AGENDAS? UM, WE ARE GOING TO, UM, MARCH 18TH. 
          OKAY. 
          UM, SO, SO THAT ORIGINAL $22.7 MILLION LOAN FROM TWO 2019, WAS IT A FORGIVABLE LOAN OR WAS IT ANTICIPATED THE, IT WOULD BE PAID BACK SECTION 1 0 8 1. 
          THIS WAS, UH, THE $22 MILLION. 
          THIS IS A SECTION 1 0 8 LOAN. 
          THIS IS, UH, DEFINITELY TO BE PAID BACK. 
          SO IT'S GUARANTEED BY, BY HUD. 
          UH, IT'S A LOAN TO THE CITY, BUT WE ARE TO DEFINITELY PAY ALL OF IT BACK. 
          AND, AND WHEN DO WE HAVE TO PAY THAT BACK OR START PAYING IT BACK? WE'RE GONNA, WE'RE WORKING ON EXTENSION RIGHT NOW WITH HUD AND WE'RE HAVING THE, UH, THE ACTUAL, UH, EXTENDED TIMELINE TO BE EXTENDED TO 2039 AND IS THE EAST END MAKER HUB, UH, CAPABLE OF, OF MAKING LOAN PAYMENTS. 
          UM, THAT'S WHAT WE ARE, AND I CAN HAVE THE PRESIDENT COME UP AND SPEAK TO THAT, BUT THAT'S WHAT WE'RE WORKING ON RIGHT NOW. 
          HE HAS A NUMBER OF OTHER OPTIONS THAT HE'S WORKING ON TO GET HIS PRINCIPAL PAYMENTS, UH, IN PLACE VERY SOON. 
          BUT HE'S WORKING ON A NUMBER OF, OF SCENARIOS AS WELL AS SELLING A PIECE OF THE PROPERTY, EXPANDING THE PRE A PIECE INTO THET 2023, UH, TURS 23, AS WELL AS US EXTENDING OUR LOANS. 
          SO THAT'S WHAT WE'RE IN THE PROCESS OF, UH, NEGOTIATING NOW. 
          OKAY. 
          YEAH, MORE INFORMATION WILL BE HELPFUL. 
          YEAH. 
          OKAY. 
          W WE, WE CAN BRING, UH, MR. ZEL UP. 
          UM, AND I'M HAPPY TO, I'M HAPPY TO SIT DOWN WHILE HE COMES UP. 
          I, I THINK, UM, AND AGAIN, I CAN GO INTO DETAIL, BUT PART OF WHAT HAPPENED, I'M SURE PATRICK CAN BRING US UP TO DATE ON THIS, IS THAT THE PLAN HAS ALWAYS BEEN TO GET A FIXED RATE LOAN, UM, THROUGH HUD AND WE MISSED, THERE WERE NOT OPPORTUNITIES TO DO THAT OVER THE LAST COUPLE OF YEARS. 
          SO THE RATE HAS BEEN MUCH HIGHER THAN WE HAD PLANNED FOR WHEN THIS WAS ORIGINALLY STARTED. 
          AND THAT'S ONE OF THE REASONS WE'RE HAVING TO DO THIS. 
          THE OTHER THING JUST TO KNOW THAT IF THERE'S ANY DEFAULT THAN THIS, THAN THE CITY HAS COME UP WITH $22 MILLION NOW. 
          SO PART OF WHAT WE'RE DOING IS WE'RE LOOKING THROUGH MANY DIFFERENT WAYS TO MAKE THIS A SUSTAINABLE PROJECT. 
          AND AGAIN, TO TAKE IT TO 2039, UM, TO GET THE FIXED RATE LOAN IN PLACE, UM, AT A REDUCED RATE OR ALL THINGS AND SELL A LITTLE PIECE OF THE PROPERTY OFF, ARE ALL THINGS WE WOULD DO TO GET THERE. 
          BUT PATRICK CAN MOVE THAT FORWARD. 
          MM-HMM . 
          UM, I, I, THAT'S WHY I SAID I HAVE ALWAYS HAD PROBLEMS WITH THE SECTION 1 0 8 LOANS, PATRICK. 
          OKAY. 
          OKAY. 
          WOULD YOU JUST THANK YOU FOR BEING HERE. 
          THANK YOU. 
          GIVE ME A NAME AND JUST, HI, I'M PATRICK ZEL. 
          THANK YOU FOR HAVING ME HERE. 
          COUNCIL MEMBERS WELCOME YOUR TITLE. 
          OH, I'M THE, UH, CEO OF THE EAST END MAKER HUB AND FOUNDER. 
          RIGHT. 
          UH, FOUNDER OF, UH, UP CDC, WHICH IS A PARTNERSHIP COMMUNITY DEVELOPMENT CORPORATION. 
          UH, ROLAND VON KOWSKI IS THE FOUNDER OF TXRX LABS. 
          HE'S SITTING OVER HERE, UH, AND TOGETHER WE FOUNDED THE EAST END MAKER HUB. 
          WE ALSO HAVE JASON BULLEN, MY VP OF DEVELOPMENT, AND WE HAVE, UH, MIKE RODRIGUEZ OVER HERE, DIRECTOR OF, UH, WORKFORCE DEVELOPMENT HERE TODAY. 
          ALRIGHT. 
          OKAY. 
          UM, SO, SO THE CITY'S PUT FORTH, UH, UH, QUITE A BIT OF MONEY. 
          UM, I, I ASSUME THIS WAS NOT SUPPOSED TO BE A SELF, IT WAS INTENDED TO BE SELF-SUSTAINING AT SOME POINT, RIGHT? IF, IF YOU MAY, I CAN GIVE YOU SOME CONTEXT. 
          SURE. 
          SO, UH, WE PUT TOGETHER OUR FINANCING IN 2019. 
          THE ORIGINAL, UH, PRO FORMA CALLED FOR A CARRY COST OF, UH, $394,000 A YEAR IN INTEREST, UH, WITH THE INTEREST RATE ENVIRONMENT THAT WE HAD AT THE TIME AS AN INTEREST ONLY LOAN OF $22.7 MILLION. 
          UM, AND AN 
          [00:30:01]
ADDITIONAL $1.39 MILLION IN, UH, COMMUNITY BLOCK FUNDING. 
          UH, SUBSEQUENTLY WE COMPLETED CONSTRUCTION DURING COVI, UH, IN THE SUMMER OF 2020. 
          UH, AT THAT TIME WE BEGAN INQUIRING WITH THE CITY TO DO RATE LOCK IN, WHICH ARE LOAN DOCUMENTS PROVIDED FOR, UM, AND, UH, I THINK, UM, THE CITY AT THE TIME, UH, REACHED OUT TO HUD AND HUD UH, UH, DELAYED ESSENTIALLY. 
          SO THIS IS BASICALLY BASED ON COMMERCIAL PAPER. 
          SO THE HUD ISSUES, COMMERCIAL PAPER TO THE PUBLIC. 
          THEY LOAN THE MONEY TO THE CITY, THE CITY LOANS THE MONEY TO US. 
          JUST TO GIVE YOU AN IDEA HOW IT WORKS. 
          THEY DIDN'T DO A RATE LOCK IN. 
          AND SO IN THE, IN, UH, 2021, I BEGAN TO PANIC 'CAUSE I SAW THE RATE ENVIRONMENT CHANGING, CHANGING AND PUSHED REALLY HARD, UM, TO GET THE RATE LOCK IN. 
          AND I FINALLY GOT A NOTE, UH, FROM HOUSING THAT THERE WOULDN'T BE A RATE LOCK LOCK IN, WHICH MEANT THAT WE HAD A FLOATING INTEREST RATE. 
          AND SO FROM, UM, DECEMBER OF, UH, 2020 THROUGH ABOUT APRIL OF 2021, OUR OUR, UH, INTEREST PAYMENTS QUADRUPLED. 
          AND WE WENT FROM EXPECTING TO PAY JUST UNDER 400,000 TO, I THINK THE HIGH WAS ABOUT 1,000,005 A YEAR. 
          AND SO IT WASN'T SUSTAINABLE FROM OUR STANDPOINT. 
          WE WENT TO HUD, UM, THE CITY WENT TO HUD AND, UH, TALKED TO THEM ABOUT IT. 
          AND IT TURNED OUT THAT THIS IS NOT ACTUALLY GOVERNMENT MONEY, SO THEY COULDN'T DO A RATE LOCK IN FOR US. 
          BUT WHAT THEY, UH, SUGGESTED WAS THAT THE CITY USED PART OF THEIR, UH, COMMUNITY BLOCK FUNDING CAPACITY TO CARRY THE MAKER HUB. 
          AND THAT CARRIED US FOR A PERIOD OF TIME AND CAUGHT UPON THE PAST INTEREST RATE. 
          UM, AND SO THAT'S WHERE THE $3.3 MILLION CAME, CAME IN. 
          UM, AND, UH, STARTING IN MAY, I WAS CONTACTED BY, UM, BY THE DIRECTOR, UH, TO SAY, HOW ARE WE GONNA WORK ON THIS? AND, UH, WE BEGAN TO WORK ON A PLAN FOR SUSTAINABILITY FOR THE EAST END MAKER HUB. 
          AND OUR PLAN ESSENTIALLY IS TO, UH, WE HAVE 21.5 ACRES AT THE MAKER HUB. 
          WE DON'T NEED IT. 
          AND SO, UH, WE CAN SELL OFF A PARCEL OF LAND THAT'S, UH, COULD SUSTAIN ABOUT A HUNDRED THOUSAND SQUARE FOOT BUILDING. 
          UH, WE ARE, UH, HAVE COLLIERS WORKING ON THAT. 
          WE THINK WE CAN BRING IN A LITTLE OVER $2 MILLION FOR THAT. 
          UM, WE APPROACHED THE, UH, TURS, UH, 23 AND TALKED TO GWEN TILLSON ABOUT DOING AN ANNEXATION. 
          WE'RE SURROUNDED BY 274,000, UH, ACRE, EXCUSE ME, 274 ACRES OF, UH, INDUSTRIAL LAND. 
          AND THEY'RE LOOKING AT DOING AN ANNEXATION OF THAT PROPERTY. 
          AND SO OVER TIME, STARTING ABOUT THREE YEARS, WE GENERATE MONEY FROM THAT. 
          BUT THE BOTTOM LINE IS, UM, THROUGH 2039, WE WOULD GENERATE ABOUT $11 MILLION AT THE EAST END MAKER HUB THROUGH OUR OPERATIONS AND THROUGH OUR SALE OF PROPERTY, UH, TO COVER THIS LOAN, THE TURS WOULD GENERATE ANOTHER 11 OR $12 MILLION ON TOP OF THAT, AND WE'D BRING THIS LOAN DOWN TO ABOUT 20, AROUND 14 TO $15 MILLION BY 2039. 
          NOW, I WOULD SAY WE HAVE A, UM, AN APPRAISAL BEING DONE RIGHT NOW, UH, ON THE MICRO HUB PROPERTY ITSELF, BECAUSE THE ALTERNATIVE IS WE SELL IT, UH, WE'VE BEEN TOLD BY THE APPRAISER THAT HE THINKS THE APPRAISAL'S GONNA COME IN BETWEEN 28 AND $32 MILLION AS IS WHERE IS, SO YOUR ASSETS SUBSTANTIALLY EXCEEDS THE VALUE OF THAT LOAN. 
          AND 2039, IF THIS PROPERTY CONTINUES LIKE INTERLOOP PROPERTIES HAVE DONE IN THE LAST 20 YEARS, IT'LL BE SUBSTANTIALLY HIGHER THAN THAT. 
          SO THE CITY'S COVERED FROM THAT STANDPOINT. 
          UH, AT THE MAKER HUB, WE ARE REQUIRED UNDER OUR DOCUMENTS TO PROVIDE BELOW MARKET RENTS. 
          MM-HMM . 
          UH, SO IN ADDITION TO THE LOAN INCREASE, UM, OUR RE OUR INTEREST, EXCUSE ME, INSURANCE WENT FROM WHAT WE EXPECTED TO BE $165,000 A YEAR TO OVER $400,000 A YEAR. 
          UM, AND, UM, OTHER COSTS WERE MUCH MORE EXPENSIVE THAN WE THOUGHT. 
          SO THE, THE CULMINATION OF THAT WAS THAT IT DOES COST MONEY TO OPERATE IT. 
          WE AREN'T GENERATING ENOUGH CASH FLOW TO COVER THIS TYPE OF DEBT. 
          RIGHT. 
          BUT WE DO, WE DO HAVE A PLAN TO MAKE THAT HAPPEN. 
          I WOULD SAY THAT LAST YEAR WE TRAINED 736 PEOPLE AT THE MAKER HUB AND WE'RE CONTINUING TO TRAIN, UH, INDIVIDUALS AND MAKE A HUGE ECONOMIC IMPACT. 
          THE INITIAL ECONOMIC IMPACT STUDY SHOWED THAT THIS FACILITY WOULD HAVE A $156 MILLION A YEAR IMPACT ON THE CITY, AND THAT WAS BASED ON ABOUT 400 JOBS. 
          WERE EXCEEDING ALL THOSE NUMBERS. 
          BOTTOM LINE IS, YOU KNOW, WE'D LOVE YOUR SUPPORT ON THIS, BUT THAT'S SORT OF HOW WE GOT HERE. 
          HAVE YOU, LET ME ASK THE QUESTION. 
          HAVE YOU, HAVE YOU SUBMITTED THAT PROPOSAL TO HOUSING? YES, 
          [00:35:02]
AND WE WORK ON THAT TOGETHER. 
          I MEAN, WE HAVE LITERALLY MONTHLY MEETINGS WITH PATRICK SAID, I CALLED HIM, I THINK I WAS YELLING, UM, MONTHLY MEETINGS ABOUT HOW WE DO THIS, WHAT WE NEED TO DO TO MAKE, UH, THE EASTERN MAKER HUB AS SUSTAINABLE AS POSSIBLE, AS QUICKLY AS POSSIBLE. 
          UM, EVEN, EVEN AS, EVEN AS HE SITS AND TELLS THESE WHAT HE'S DOING NOW, I BEGIN THINKING ABOUT MORE IDEAS ABOUT HOW TO BRING IT SUSTAINABILITY. 
          MM-HMM . 
          I'M LOOKING AT COUNCILWOMAN ALCORN WHEN WITH HER WORK WITH HA AND, AND YOU KNOW, THEY HAVE A HUGE SUM OF MONEY ON TRAINING. 
          YEAH. 
          I THINK NOT VERY WELL DONE, MY PERSONAL VIEW, BECAUSE OF THE WORK I'VE DONE, IT'S SOMETHING THAT MAYBE WE COULD BRING IN SOME HELP ON THAT TOO. 
          YEAH. 
          WE DO AN EVENT, WE HAVE AN EVENT NEXT, UH, MONTH WITH HGC. 
          THERE'LL BE 1500, UH, YOUTH THERE ON A, A WORKFORCE DAY. 
          OKAY. 
          ALRIGHT. 
          WELL, I'D LIKE TO ASK IF, IF WE COULD GET MORE OF THE INFORMATION BROTHER REC, IN REGARDS TO, UH, THE STATUS. 
          I THINK IT'D BE HELPFUL TO, TO EVERYONE, UM, IN CONSIDERATION BEFORE THIS. 
          I THINK THE IDEA OF REGULAR UPDATES ON THIS IS IMPORTANT AND I'LL PUT THAT ON AS A REGULAR UPDATE. 
          OKAY. 
          WELL, I I DO WANT YOU TO KNOW THAT PATRICK, MY TEAM AND I KNOW THE SERIOUS NATURE OF THIS IT AND EVEN COMING TO YOU AT THIS TIME, WE REALLY DID IT 'CAUSE IT WAS WHAT WAS NEEDED. 
          AND THEN WE GO TO OUR, GO AHEAD. 
          LEMME MAKE, UH, TO GIVE YOU A SLIGHTLY MORE CONTEXT, THIS HAS NEW MARKET TAX CREDITS UNDERLYING IT. 
          AND IF YOU UNDERSTAND THOSE, UH, SOMEWHAT. 
          THANK YOU. 
          THE NEW MARKET TAX CREDIT HAVE A FIRST LIEN ON THIS. 
          THE CITY'S LIEN FOR ITS LOAN IS A LEASEHOLD IMPROVEMENT LIEN. 
          UM, THANK YOU. 
          WHICH YOU CAN'T REALLY SELL A LOOSE HOLD IMPROVEMENT VERY WELL. 
          RIGHT. 
          BUT THE NEW MARKET TAX CREDITS WILL GO AWAY AT THE END OF THIS YEAR. 
          AND SO PART OF THE REASON WE NEED THIS BRIDGE RIGHT NOW IS THAT ONCE THE NEW MARKET TAX CREDIT STRUCTURE GOES AWAY AT THE END OF THE YEAR, UH, THEN WE CAN DO THE REFINANCING WITH HUD AFTER THAT. 
          AND THEN THE CITY TRANSFERS THEIR LEASEHOLD IMPROVEMENT LIEN TO A FIRST LIEN POSITION ON THE PROPERTY. 
          AND SO IF WE COULD GET ALL THIS DONE NOW, WE WOULDN'T NEED THE BRIDGE, BUT WE LITERALLY CANNOT GET THIS DONE NOW WITH HUD. 
          UM, AND WE CAN GET IT DONE IN THE FIRST SIX MONTHS OF NEXT YEAR. 
          AND SO THIS BRIDGE WILL CARRY US THROUGH THAT. 
          IT'LL GIVE US ENOUGH TIME FOR THE TUR ANNEXATION, AND WE HAVE PEOPLE LOOKING AT THIS PROPERTY NOW, WE THINK WE CAN GENERATE REVENUE. 
          SO WE THINK THAT ONCE THIS GETS DONE, WE'RE AIMING FOR A SUSTAINABILITY PLAN TO CARRY US THROUGH 2039. 
          OKAY. 
          AND AT THAT POINT, WE CAN EITHER SELL THE PROPERTY OR WE COULD, UH, REFINANCE IT WITH CASH FLOW. 
          VERY GOOD. 
          ANY OTHER QUESTIONS? YES, CHAIR. 
          I'VE GOT A FEW FOLLOW UP. 
          SURE. 
          THANK YOU. 
          UM, AND SO REFRESH MY MEMORY, TS 23 IS WHICH ONE? THAT'S HARRISBURG TS HARRISBURG TS. 
          AND SO, SO IF, IF THIS PROPERTY IS ANNEXED, THEN WE'LL BE USING, UH, OTHER TAX REVENUE TO TO, TO BOLSTER THIS. 
          IS THAT RIGHT? YOU'D BE USING THE, UH, INCREMENT FROM THE INDUSTRIAL BASE IN THAT LOCATION THAT WE'RE SURROUNDED BY. 
          AND WE HAVE SEEN STIMULATION OF THIS INDUSTRIAL BASE SINCE WE BUILT THE MAKER HUB. 
          AND SO THE THINKING IS THAT WE WERE A CATALYST FOR THAT LOCATION AND IT'LL CONTINUE TO CATALYZE THOSE PROPERTIES. 
          YOU'VE SEEN ANOTHER, A NUMBER OF PROPERTIES BEING REDEVELOPED OVER THERE. 
          OKAY. 
          AND SO, SO YOU, YOU DON'T HAVE THE CASH FLOW RIGHT NOW THAT, THAT YOU HAD HOPED TO HAVE. 
          WHAT WAS, WHAT WAS THE MODEL? WHERE'S THE CASH FLOW COMING FROM? IS IT COMING FROM THE, THE REDUCED RENTS THAT YES. 
          THE CUSTOMERS ARE PAYING? OR IS THAT IT? DID YOU HAVE OTHER CASH FLOW COMING? NO, NOTHING SUBSTANTIAL. 
          OKAY. 
          YOU KNOW, TXRX, UH, AND WE HAVE, WE NOW HAVE FIVE WORKFORCE DEVELOPMENT PARTNERS AT THE MAKER HUB. 
          UH, BUT, AND SOME OF THAT MONEY COMES FROM THE DEPARTMENT OF LABOR, BUT THAT ALL GOES TOWARDS, UM, PROGRAMMING AND OPERATIONS NOT TOWARDS THE FACILITY. 
          AND, AND YOU'RE AT 90, DID I HEAR RIGHT? 97% OCCUPANCY. 
          YEAH. 
          I THINK TODAY, I CALCULATED LAST NIGHT WE'RE AT 94%. 
          NINE FOUR. 
          WE, WE RANGE BETWEEN 92 AND A HUNDRED PERCENT. 
          WELL, WE'VE NEVER GOT TO A HUNDRED. 
          WE KEEP THINKING WE'RE GONNA GET THERE, BUT THEN SOMETHING WILL MOVE. 
          WE HAVE, UM, ABOUT 30 SUITES THAT ARE BELOW 2 2500 SQUARE FEET AND THOSE ARE THE ONES THAT TEND TO TURN. 
          AND THEN WE HAVE A NUMBER OF SUITES THAT ARE, UM, UH, 3000 FEET TO 11,000 FEET. 
          AND WE HAVE A COUPLE OF LARGE SUITES, AND THOSE ARE THE ONES THAT TEND TO HOLD LONGER. 
          OKAY. 
          AND SO WE GET SOME MOVEMENT, BUT WE'VE, WE'VE, UH, WE WERE LEASED UP, UM, BY THE END OF 2021. 
          WE ONLY OPENED IN, IN, YOU KNOW, WE WERE RELEASED UP IN 10 MONTHS. 
          WE WERE OVER 95% OCCUPIED SIX MONTHS AFTER THAT. 
          OKAY. 
          AND WE'VE STAYED FULL. 
          OKAY. 
          THANK YOU. 
          THANK YOU. 
          WE GOING TO MOVE FORWARD. 
          THANK YOU SO MUCH FOR THE INFORMATION AND THERE ARE MORE TO COME, UM, AT, UH, SO AT THIS TIME I WANT TO WELCOME, UH, AGAIN, DOC, UH, DIRECTOR, UH, MIKE AND, UH, DEPUTY 
          [00:40:01]
DIRECTOR AND CFO, UH, TAMIKA JONES. 
          JONES. 
          GOOD MORNING. 
          GOOD MORNING. 
          WE'RE, WE'RE, WE'RE, AGAIN, I'M VERY PROUD OF THE SENIOR TEAM WE HAVE AND DEPUTY DIRECTOR JONES PLAYS A SIGNIFICANT ROLE IN WHAT WE DO. 
          UM, AND I LOVE ABOUT HER WORK IS TRANSPARENCY BEHIND IT. 
          SOMETIMES I THINK YOU HAVE FINANCE PEOPLE WHO ARE ALWAYS HIDING MONEY AND WAITING, NEED IT LAST SECOND TO COME FORWARD. 
          UM, AS OUR CHIEF FINANCIAL OFFICER, TAMIKA JONES REALLY IS PROACTIVE ABOUT SHOWING US WHERE THEIR DOLLAR, WHERE WE'RE SHORT GOOD. 
          WHERE WE CAN MOVE. 
          ABSOLUTELY. 
          THANK YOU MIKE. 
          GOOD MORNING AGAIN. 
          UM, WHAT I'D LIKE TO TALK TO YOU ABOUT THIS MORNING IS OUR UPTOWN TURS BOND SERIES 2021. 
          UM, IF YOU REMEMBER, THESE ARE THE BOND PROCEEDS THAT WE RECEIVED FROM THE ACTUAL UPTOWN TURS ORGANIZATION. 
          SO WHAT WE ARE RECOMMENDING THIS MORNING IS COUNCIL APPROPRIATION OF $1,000,454 1 MILLION 454, 980 $1 AND 91 CENTS OF UPTOWN TUR SERIES 2021 FUNDS FOR SINGLE FAMILY ACTIVITIES. 
          UM, THESE FUNDS ARE GENERATED FROM THE SALE OF SINGLE FAMILY HOMES THROUGH THE SINGLE FAMILY NEW HOME DEVELOPMENT PROGRAM AND ARE THE SALES PROCEEDS. 
          SO WHAT WE WOULD CONSIDER IN OUR, UM, HUT ENTITLEMENT PROGRAMS, THESE ARE LIKE PROGRAM INCOME. 
          AND SO IF YOU REMEMBER FROM THOSE PROGRAMS, IF WE TREAT EVERYTHING ON A SIMILAR BASIS, WE WOULD COME BACK TO CITY COUNCIL AND ASK FOR THOSE FUNDS TO BE REAPPROPRIATED FOR USE BACK TO THE SINGLE FAMILY PROGRAM. 
          AND SO THAT'S WHAT THIS ACTION IS RECOMMENDING. 
          COUNCIL APPROVAL OF ANY SPECIFIC CONTRACTS WILL BE BROUGHT BACK TO YOU FOR COUNCIL APPROVAL. 
          BUT ESSENTIALLY THIS ACTION IS JUST FLIPPED TO THE NEXT PAGE. 
          PLEASE. 
          THIS ACTION IS JUST REQUESTING COUNCIL APPROPRIATION FOR USE OF THAT PROGRAM INCOME, JUST TO GO BACK TO THE SINGLE FAMILY PROGRAM FOR, TO BE USED, BUT, UH, FOR EITHER HOME REPAIR, NEW CONSTRUCTION, DOWN PAYMENT ASSISTANCE OR ACTIVITY DELIVERY COSTS, ALL WITHIN THE SINGLE FAMILY PROGRAM, WHICH IS WHAT CREATED THE PROGRAM INCOME. 
          AND THAT CONCLUDES MY PRESENTATION. 
          I DO BELIEVE THERE WAS A FACT SHEET ALSO INCLUDED. 
          SO YOU CAN SEE ALL OF THE VARIOUS PREVIOUS APPROPRIATIONS, UH, IN CASE YOU HAVE QUESTIONS. 
          YES. 
          LOOK, WE THANK YOU. 
          WE WON'T RECOGNIZE COUNCIL MEMBER ALCORN. 
          I WAS JUST GONNA ASK ABOUT WHAT'S ON THE SHEET. 
          WHAT WAS, WHAT WAS THE TOTAL AMOUNT OF BONDS FROM THAT? WE WERE, UH, 100 MILLION. 
          YEAH, THAT'S, SO THIS IS THE 100 MILLION THAT'S PRETTY MUCH GONE. 
          RIGHT. 
          IT HAS EITHER ALL BEEN COMMITTED, UM, SPENT COMMITTED, OR ON ITS WAY TO BE COMMITTED. 
          THERE ARE VERY FEW FUNDS REMAINING. 
          WE WILL RECEIVE SOME PROGRAM INCOME, LIKE YOU'LL SEE SOME OF THE PROGRAM INCOME HERE THAT WAS GENERATED, BUT THAT WILL ALL GO BACK OUT TO BE REAPPROPRIATED AGAIN. 
          THERE'S VERY, VERY LITTLE MUCH. 
          SO HOW MUCH MORE DO YOU THINK WE CAN EXPECT ON PROGRAM INCOME THROUGH THOSE BONDS? YEP. 
          I, I WILL DEFER TO CEDRIC ON THAT ONE. 
          OKAY. 
          , SINCE HE RUNS THE SINGLE FAMILY PROGRAM. 
          GOOD MORNING. 
          GOOD MORNING. 
          UH, SO THE MONEY IS USED IN PERPETUITY. 
          SO WE HAVE 10 PROPERTIES THAT ARE CURRENTLY FOR SALE UNDER NHDP. 
          AND AS WE GENERATE SALES FROM THOSE PROPERTIES, THAT MONEY WILL BE COMING BACK TO COUNCIL FOR APPROVAL, UH, AND PERPETUITY. 
          SO THIS $1.4 MILLION THAT'S GOING BACK INTO THE POT WILL CONTINUE TO BE USED TO CREATE MORE RIGHT. 
          AFFORDABLE HOUSING. 
          AND, AND THEN, AND, AND THEN AS, AS HOUSES SELL DOWN THE ROAD, WE GET THAT. 
          THAT'S CORRECT. 
          IT WON'T JUST BE THESE 10, IT'S JUST LIKE ALL, HOW MANY HOUSES HAVE BEEN DEVELOPED WITH THIS FUND? SO CURRENTLY WE'VE DEVELOPED ABOUT 35 HOMES. 
          OKAY. 
          UM, OUT OF THESE, UH, FUNDS, UM, WE HAVE 10 THAT ARE, UM, CURRENTLY FOR SALE. 
          OKAY. 
          AND ANOTHER EIGHT THAT'S UNDER CONSTRUCTION. 
          OKAY. 
          I'LL, I'LL LOOK AT THE BACK AS YOU, AS YOU SAY, OUT OF THESE FUNDS, YOU MEAN OUT OF THE SO PROFIT FUNDS? YES. 
          SO THE PROGRAM INCOME PROGRAM, THANK YOU. 
          PROGRAM INCOME FUNDS. 
          THANK YOU. 
          YEAH. 
          NOT OUT OF THE A HUNDRED MILLION, THAT'S NOT OUT HUNDRED SURE. 
          PROGRAM. 
          I WOULD HOPE NOT. 
          OR I WANT ONE OF THOSE HOUSES. 
          I JUST WANT ANYBODY TO UNDERSTAND THAT. 
          SO IF YOU THINK ABOUT IT, THE A HUNDRED MILLION, THE A HUNDRED MILLION HAS ALL BEEN EITHER SPENT OR COMMITTED. 
          AND SO THIS IS THINGS THAT ALREADY HAVE GONE. 
          BUT IN THIS PARTICULAR ONE, IF YOU LOOK, I THINK, LIKE I SAID, IT'S AT THE BACK OF THE AGENDA PACKET, THE 1.4. 
          THIS 1.4 REPRESENTS THE SALE OF ABOUT 12. 
          I CAN PASS THIS ONE AROUND. 
          IT'S THE LAST TWO PAGES. 
          YEP. 
          [00:45:04]
I BELIEVE WHEN WE ANSWERED THE QUESTION, MAYBE FOR YOUR CHIEF OF STAFF, IT WAS JUST SHORT OF 240,000 OR 235,000 OR SO THAT WAS REMAINING IN THE A HUNDRED MILLION DOLLAR BOND. 
          THAT WAS NOT, THAT WAS OKAY. 
          YEAH. 
          NOT VERY MUCH. 
          GOOD. 
          ANY OTHER QUESTIONS? OKAY. 
          CHAIR, WE RECOGNIZE, UH, COUNCILMAN RAMIREZ, UH, THANK YOU CHAIR. 
          MM-HMM . 
          AND, UH, THANK, THANK YOU FOLKS. 
          UM, ON, ON THIS, UH, SINGLE FAMILY, UH, MONEY, I, I PRESUME THIS WILL BE, UH, PART OF THE COMPREHENSIVE, UH, HOUSING PLAN THAT, THAT WE WILL SEE SOON. 
          IT SHOULD BE, BECAUSE THIS IS PART OF WHAT WE SPEND OUR DOLLARS ON FOR AFFORDABLE HOUSING. 
          YES SIR. 
          I THINK IT WILL BE, ALTHOUGH, UH, YES. 
          IT, IT WILL BE, LET ME MAKE CLEAR. 
          OKAY. 
          AND, UH, ALTHOUGH THAT'S A FUTURE LOOKING PLAN, IT'S STILL PROBABLY WILL BE OR I'LL DO SOME KIND OF SEPARATE REPORT ON IT. 
          OKAY. 
          AND, AND WHEN YOU SAY FUTURE LOOKING PLAN, UM, NOT NECESSARILY THIS FISCAL YEAR, BUT YEAH. 
          SO I'LL ANSWER, I'LL SPEAK TO THE HOUSING PLAN JUST A MINUTE. 
          OKAY, GREAT. 
          THANK YOU. 
          GREAT. 
          ALRIGHT. 
          THANK YOU. 
          THANK YOU. 
          YOU WANNA STATE TIME? YEP. 
          YEP. 
          IF WE CAN FLIP TO THE NEXT PAGE. 
          I BELIEVE I'LL GIVE A SHORT DR. 
          17 UPDATE. 
          THANK YOU. 
          WE ARE WINDING DOWN. 
          , THE LIGHT IS MUCH BRIGHTER. 
          OH MY GOSH, KEN, I, THIS THE EXCITEMENT IN MY VOICE. 
          UM, SINCE THE LAST, UH, COMMITTEE UPDATE, WE ARE MOVING CLOSER TO CLOSEOUT IN A NUMBER OF AREAS. 
          UM, I'LL STICK WITH THE MIDDLE SECTION HERE. 
          OUR HOPE, WHICH IS OUR HOMEOWNER ASSISTANCE PROGRAM, SMALL RENTAL PROGRAM AND ECONOMIC DEVELOPMENT PROGRAM. 
          WE ARE NOW IN CONTRACT AMENDMENT NUMBER FIVE, BUT WE ARE ACTUALLY IN CLOSEOUT WHERE THE FINANCE TEAM IS PREPARING SOME OF THE FINAL FINANCIAL CLOSEOUT DOCUMENTS FOR THE TEXAS GENERAL LAND OFFICE. 
          AND THEN WE WILL, UM, HAVE THOSE CLOSEOUTS COMPLETED WITH THE REMAINING CLOSE, THE REMAINING PROGRAMS TO CLOSEOUT WILL BE MULTIFAMILY BUYOUT, ADMIN, AND THEN OUR HOME BUYER ASSISTANCE 2.0. 
          AND IF WE FLIP TO THE LAST SLIDE OR THE NEXT SLIDE, WHAT I'D LIKE TO POINT OUT HERE IS JUST HOW WELL OUR HOME BUYER ASSISTANCE 2.0 PROGRAM IS DOING, WHICH IS RIGHT IN THE MIDDLE OF THE SLIDE. 
          ALL OF THE OTHER NUMBERS YOU CAN SEE HAVE REMAINED RELATIVELY FLAT. 
          THIS IS, UM, JUST A QUICK SNAPSHOT OF ALL OF THE PROGRAMS AND SUBMITTALS AND, UH, SOME OTHER REFUNDS THAT WE HAVE DONE. 
          BUT YOU CAN SEE THAT THE TEAM, CEDRIC'S TEAM, ALONG WITH FINANCE, HAVE SUBMITTED JUST OVER 4.6 MILLION IN REIMBURSEMENTS FOR OUR HOME BUYER 2.0 PROGRAM. 
          WE DID MEET OUR BENCHMARK FOR DECEMBER 31ST, WHICH WAS, UM, I BELIEVE 2.6 OR 2.8 MILLION. 
          I, I DON'T RECALL RIGHT UP THE TOP OF MY HEAD, BUT WE ARE ACTIVELY WORKING TOWARDS THE NEXT BENCHMARK FOR JUNE, 2020. 
          JUNE 30TH, 2026. 
          UM, BUT THAT PROGRAM IS, UH, ROLLING AND, AND MOVING. 
          AND THAT CONCLUDES MY PRESENTATION. 
          ANY QUESTIONS? WE ARE GOOD. 
          THANK YOU. 
          ANY OTHER QUESTIONS? OKAY. 
          TJ, AS YOU SIT DOWN, ONE OF THE THINGS I WAS, AS I WAS THINKING, BIG PICTURE, UM, THIS, THIS IS A FUNDING ON D 17. 
          UM, ONE OF THE THINGS I WOULD LIKE TO BRING BACK COMMITTEES ABOUT WHEN DID WE GET OUR FIRST DOLLAR ON THAT JANUARY OF 2019 IS WHEN WE SIGNED THE GRANT AGREEMENT. 
          SO EVEN THOUGH THE STORM HAPPENED IN AUGUST, UH, 2017, WE DID NOT RECEIVE OUR GRANT AGREEMENT AND AUTHORIZATION TO SPEND FUNDS REALLY UNTIL, UH, ALMOST TWO YEARS LATER. 
          YEAH. 
          AND, UH, THAT'S SEVEN, SEVEN YEARS LATER PLUS. 
          AND, UH, WE'RE STILL GETTING THROUGH THIS AND WE'RE STILL, YEAH, WE'RE STILL SPENDING, UM, I THINK WHEN WE GET READY TO SHOW YOU OUR REPORTS GOING FORWARD ON DR. 
          24, YOU'LL SEE WE'VE MADE A LOT OF PROGRESS IN MOVING THINGS ALONG MORE QUICKLY. 
          AND I KNOW THERE'S A LOT OF FRUSTRATION ON OTHER DEPARTMENTS ABOUT WHERE'S THE MONEY, UM, BUT IT'S MUCH FASTER THAN WE'VE EVER HAD. 
          SO, GOOD WITH ALL THAT, I THINK WE HAVE LEARNED A GREAT DEAL AND YOU'LL SEE THAT IN OUR TIMETABLES ON DR 24 GOING FORWARD. 
          YEP. 
          AND AS THE CONTRACTORS HAVE JUST BEEN SELECTED, I BELIEVE COUNCIL ACTION WAS JUST COMPLETED ON THE DR 21 CONTRACTORS. 
          YOU'LL START SEEING AS PART OF THE, UM, DR. 
          UPDATES, YOU'LL START SEEING A DR UPDATE ON DR 21 JUST AS WE HAVE SEEN THE UPDATES ON DR. 
          17. 
          SO THIS WAY THIS COMMITTEE CAN SEE THE PROGRESS THAT DR. 
          21 IS MAKING, AND WHEN DR. 
          24 DOES GET UP AND MOVING, YOU'LL ALSO SEE AN UPDATE ON DR 24 AS WELL. 
          ALRIGHT. 
          THANK YOU. 
          THANK YOU. 
          THANK YOU SO MUCH. 
          DIRECT COMMENTS. 
          I'LL, I'LL JUST START BEFORE WE GO THROUGH SOME SLIDES TO SURE. 
          DISCUSS 
          [00:50:01]
THE HOUSING STRATEGY PLAN THAT'S UNDERWAY. 
          UH, THIS WEEK THE CONSULTANTS, HRA WILL BE IN TOWN MEETING WITH A, A NUMBER OF PEOPLE AND STAKEHOLDERS. 
          UM, WE SAW THE FIRST CHAPTER OF WHAT THEY WERE DOING AND THEY HAVE SOME WORK TO DO. 
          'CAUSE AS I SAID, WE JUST DON'T, WE DON'T WANT A PLAN THAT'S GOING ON THE SHELF. 
          WE WANNA PLAN THAT, THAT THAT GIVES US A STRATEGY FOR BOTH THE CITY AND THE COUNTY, FOR THE HOUSING AUTHORITIES, PLURAL, CITY AND COUNTY, UM, FOR THE HOUSING FINANCE CORPORATION, CITY AND COUNTY, UM, ABOUT HOW WE CAN MOVE FORWARD WITH MORE AFFORDABLE HOUSING. 
          WE RECOGNIZE THE NEED FOR IT, WE RECOGNIZE THE CONCERNS AS THE FEDERAL FUNDS KEEP CHANGING ON THE AVAILABILITY. 
          YEAH. 
          UH, BUT IT DOESN'T MATTER. 
          WE'RE GONNA, WE RECOGNIZE THE NEED GOING FORWARD. 
          UH, WE, WE THINK THIS PLAN'S GONNA BE, IN FACT, WE KNOW IT WILL BE MEANINGFUL. 
          AND AGAIN, WE WILL LOOK AND SEE HOW WE CAN MAKE THESE DOLLARS REALLY BETTER. 
          UM, ONE OF THE THINGS THAT, UH, THE DEPUTY DIRECTOR SELLERS AND I SPOKE ABOUT EVEN THIS MORNING IS BEGIN DOING A BETTER ANALYSIS ON SQUARE FOOTAGE COST. 
          AND TO SAY, EVEN WITH INFLATION, WE JUST NEED TO FIND A WAY AS GET SQUARE FOOTAGE COST DOWN. 
          WE NEED SOME CREATIVITY TO GET THERE. 
          UM, WE NEED TO MAKE SURE WE DO HAVE A GREAT PARTNER IN THE HOUSING AUTHORITY TO MAKE SURE THEY ARE USING EVERY OPPORTUNITY AND DOLLAR THAT THEY HAVE TO HAVE GREATER AFFORDABLE HOUSING, A GREATER NUMBER OF AFFORDABLE HOUSING. 
          SO AGAIN, LOOKING FORWARD TO THAT PLAN. 
          AND MY GUESS IS HOUSING PLANS, LIKE HOMELESSNESS PLANS, IF YOU CAN GET COLLABORATION BETWEEN THE CITY, COUNTY, YEAH. 
          VARIOUS AUTHORITIES, IT MAKES A BIG DIFFERENCE AND REALLY CAN PUSH THAT ENVELOPE FORWARD. 
          UM, AGAIN, I'M, I'M NOT THE GREATEST PLANNER. 
          I'M A, I'M A MORE OF A ACTION ORIENTED PERSON. 
          UM, BUT I THINK IT'S VERY IMPORTANT FOR US TO HAVE A PLAN GOING FORWARD FOR THE NEXT FIVE AND 10 YEARS. 
          WELL, BROTHER RECTOR, LET ME, LET ME JUST SAY THAT, UM, WE REALLY APPRECIATE THE WORK AND UH, CERTAINLY WE KNOW WE HAVE STILL PLACES TO GO IN DIRECTION OF HOUSING, BUT CERTAINLY IT REPRESENTS THE FACT THE CITY IS MOVING IN A BETTER DIRECTION, UH, FOR OUR AFFORDABLE HOUSING PROJECTS. 
          HAPPY TO GO THROUGH SOME SLIDES IF YOU HAVE TIME. 
          SURE. 
          NEXT PAGE PLEASE. 
          UM, NEXT FEW SLIDES IS JUST SOME OF THE OPENINGS THIS LAST FEW MONTHS. 
          UH, WE HAD AN OPENING OF LEO DANIELS TOWER MOST RECENTLY ON HAROLD STREET. 
          IT'S A BEAUTIFUL FACILITY AND WE'RE GLAD TO HAVE THE CHAIRWOMAN THERE TO SPEAK BEFORE US. 
          NEXT SLIDE. 
          UM, SEARCH HOMELESSNESS SERVICES OPENED THEIR NEW BUILDING AFTER THEIR BUILDING WAS TAKEN BY THE HIGHWAY PROJECT. 
          UH, AGAIN, GREAT COUNTY CITY COLLABORATION. 
          UM, AND IT'S A BEAUTIFUL BUILDING AND WILL, WILL MAKE A DIFFERENCE TO THOSE WHO SERVE THE HOMELESS. 
          UM, AND, AND WILL BE A PLACE THAT THEY FEEL COMFORTABLE GROWING. 
          AND IT'S A PLUS PLUS PLUS FOR THE AREA. 
          IT'S ON P STREET AND PLUS FOR THE FOR SEARCH GREAT ORGANIZATION, UH, RAISES A HUGE AMOUNT OF PRIVATE MONEY. 
          ALSO, RICHMOND SENIOR VILLAGES WAS OPEN ON, ON RICHMOND AVENUE. 
          IT'S A NEW $35 MILLION AFFORDABLE COMMUNITY FOR SENIORS. 
          AGAIN, THE CITY INVESTED 15 MILLION OF ITS DR 17 MONEY. 
          IT'S A LONG TIME COMING AS FAR AS THAT MONEY, BUT THESE ARE PLUSES THAT YOU'LL SEE, UH, GOING FORWARD FOR AFFORDABLE HOUSING AND FOR REALLY QUALITY, AFFORDABLE HOUSING. 
          UH, NEXT SLIDE. 
          THIS IS A SINGLE FAMILY COMMUNITY, BRENTWOOD FOUND COMMUNITY FOUNDATION. 
          UH, THIS IS AT, UH, 13,000 LANDMARK IN DISTRICT K. 
          UH, AGAIN, THESE ARE HOMES THAT ANYONE WOULD LOVE TO LIVE IN AND, UH, WE THINK THAT'S A SUBSTANTIAL COMMUNITY GOING FORWARD. 
          YEP. 
          NEXT, UH, NEXT SLIDE. 
          UM, MEETING WITH THE COMMUNITY IS SOMETHING THAT WE DO. 
          WE'RE VERY SERIOUS ABOUT THE COMMUNITY DEVELOPMENT PART OF OUR MISSION. 
          UM, WE HAD A GREAT FALL SESSION, UH, THANK YOU FOR DEPUTY SELLERS WHO WAS ABLE TO TAKE THAT WHEN I WASN'T THERE. 
          AND AGAIN, WE HAD COUNCIL SUPPORT AND GREAT INPUT AND IT DOES HAVE A SIGNIFICANT GET IMPACT ON OUR COMMUNITY PLANS AND OUR NATIONAL PLANS. 
          NEXT SLIDE. 
          WE HAVE OUR SPRING, UH, MEETING COMING UP IN ALE, UH, IN DISTRICT F ON MARCH 31ST AT 6:00 PM. 
          UM, AND, UH, AGAIN, HOPEFULLY WE'LL HAVE PEOPLE THERE. 
          JUST PUT IT ON YOUR 
          [00:55:01]
CALENDAR. 
          WE'D LOVE TO SEE AS MANY OF THE LEADERSHIP TEAM AS THERE AS POSSIBLE. 
          OUR TEAM, AND I KNOW WE HAVE SOME PEOPLE HERE WHO WORK ON THAT ARE VERY, IT'S VERY IMPORTANT WE GET COMMUNITY MEMBERS OUT THERE, ESPECIALLY NEW MEMBERS WHO HAVEN'T BEEN TO A MEETING LIKE THIS BEFORE. 
          IT'S EDUCATIONAL, BUT IT'S ALSO IMPACTFUL TO US. 
          NEXT SLIDE. 
          UH, WE HAVE A COMMUNITY SURVEY ONLINE THAT'S GOING OUT RIGHT NOW. 
          I'M SURE IT WAS SENT TO ALL OF YOUR STAFF TO SEND OUT TO FOLKS. 
          THERE IS A QR CODE ON HERE. 
          UM, WE DO NEED INPUT AND WE LOOK FORWARD TO DOING THAT. 
          AGAIN, FEDERAL GOVERNMENT MAY REQUIRE THIS, BUT IN THE END WE WANT THAT INPUT. 
          UH, COMMUNITY LUNCH AND LEARNS, UM, GO TO MANY, NOT MANY NON-PROFITS. 
          UH, JANUARY 14TH WE WENT TO, UH, UM, HAD A SIGNIFICANT MEETING. 
          WE THOUGHT IT WAS VERY WELL ATTENDED IN OUR BUILDING CALLED PARTNERING FOR RECOVERY AND HAD A NUMBER OF PEOPLE WHO WERE IN INTERESTED NONPROFITS AND INDIVIDUALS WHO WERE INTERESTED IN OUR RECOVERY PROGRAMS. NEXT SLIDE. 
          SEE IF I MISSED ONE. 
          UM, NEXT SLIDE. 
          ALRIGHT. 
          UH, HCD SPOTLIGHT. 
          UM, OUR HOME BUYER ASSISTANCE PROGRAM 2.0 THAT WAS COMING OUT OF THE, SOME OF THE REMAINDER MONEY OF DR 17, I THINK THAT'S YES. 
          IS UM, IS THE DOWN PAYMENT ASSISTANCE PROGRAM. 
          THIS WAS A, THIS WAS REALLY IN A BEAUTIFUL PROGRAM. 
          AGAIN, JUST TO GIVE IT A LITTLE, UH, GIVE IT A LITTLE BIT OF PERSONAL PART. 
          OUR TEAM WAS OUT WITH A YOUNG MOM WHO HAD HER FIRST NEW HOUSE AND, UH, YOU COULD, THERE WERE A LOT OF TEARS. 
          AND THIS WAS, SHE SAID WHEN SHE MADE A PRESENTATION THAT, UH, IT'S LIFE CHANGING FOR HER AND HER FAMILY. 
          WOW. 
          NEXT SLIDE. 
          UPDATE ON HBA 2.0. 
          UM, THE TOTAL INTAKE INTAKE WAS 6 0 5. 
          UM, THERE'S 266 PEOPLE IN THE ACTIVE IN THE PIPELINE. 
          54 CLOSED. 
          AGAIN, PRESSURE IS UNDER OUR TEAM TO GET THIS DONE, BUT MAKE SURE IT'S DONE WELL. 
          YEAH. 
          166, UH, AWARDS WERE APPROVED BY GLO 'CAUSE IT'S DR. 
          17 MONEY TOTALING $4.8 MILLION ON THE DR 21 MONEY, WHICH IS, UH, COMING FORWARD NOW WE HAVE THE, UM, UH, CONTRACTORS APPROVED. 
          WE HAD 307 APPLICATIONS, 17 APPROVALS. 
          AND AGAIN, WE'VE HAD A NUMBER OF INELIGIBLES, UM, BECAUSE THE RULES ARE VERY STRICT, BUT WE, AGAIN, MOVING FORWARD AND HOPE TO HAVE THOSE DOLLARS SPENT. 
          UH, THAT IS A $40 MILLION PROGRAM. 
          NEXT SLIDE. 
          UM, ON THE HOME BUYER CENSUS PROGRAM, AGAIN, IT'S VERY IMPORTANT. 
          WE WORK WITH APPLICANTS. 
          WE HAD A APPLICANT WORKSHOP ON FEBRUARY 11TH, UM, VERY WELL ATTENDED. 
          IT WAS VIRTUALLY. 
          AND THEN WE'VE HAD ON FEBRUARY 18TH, WE HAVE UPCOMING A REALTOR AND LENDER WORKSHOP AGAIN TO MAKE SURE THEY ARE WELL EDUCATED ON THIS. 
          A LOT OF OUR WORK COMES FROM OUR REALTORS AND LENDERS IN MAKING SURE IT'S NOT JUST A SMALL GROUP OF PEOPLE, BUT A LARGE GROUP OF PEOPLE WHO KNOW A GREAT DEAL ABOUT HOW THIS PROGRAM WORKS SO WE CAN HAVE ENOUGH QUALIFIED APPLICANTS. 
          NEXT SLIDE. 
          ONE OF THE PRO, ONE OF THE PROGRAMS WE'RE MOST PROUD OF IS THE ROAD TO HO HOME OWNERSHIP 360. 
          UM, THIS IS THE FIRST, UM, SECTION ONE IS CREDIT 1 0 1. 
          UH, BUYERS WHO HAVE NOT OWNED HOMES NEED TO BE PART OF THIS. 
          IT'S A TERRIFIC EDUCATIONAL PROGRAM. 
          I'M VERY IMPRESSED WITH THE STAFF AS THEY DO THIS IN A WAY THAT'S BOTH RESPECTFUL AND MAKE SURE PEOPLE UNDERSTAND WHAT IT TAKES TO GET ELIGIBLE FOR ONE OF THESE PROGRAMS. THE NEXT SLIDE, AGAIN, THIS IS A PICTURE OF THE CROWD PROGRAM, UH, WITH COUNCILWOMAN THOMAS. 
          UM, AND A KEY EXCHANGE ON A HOME REPAIR PROGRAM. 
          UM, A LOT OF EXCITEMENT THERE AND THE HOMEOWNERS. 
          IT'S A, IT'S A SIGNIFICANT ISSUE FOR THEM. 
          NEXT SLIDE. 
          MARY BILL. 
          I LIKE IT. 
          I'M SORRY THERE A LOT OF SLIDES, BUT I LIKE IT THAT IT SHOWS YOU A LOT IS GOING ON. 
          UM, ANOTHER, UH, ANOTHER ONE OF THE 2021 WINTER STORM URI. 
          MAKE SURE THAT INFORMATION IS AVAILABLE. 
          WE'VE DONE A LOT TO SIMPLIFY THAT PROGRESS PROCESS EASIER THAN IT'S BEEN IN THE PAST. 
          AND WE'RE TRYING TO GET PEOPLE, UM, TO SIGN UP AND WORK WITH US AGAIN. 
          IF, YOU KNOW FOLKS, USE THIS QR CODE AND LET'S GET MORE PEOPLE EVEN 
          [01:00:01]
SIGNING UP TO SEE IF THEY'RE ELIGIBLE. 
          HAVE THERE BEEN, HAVE THERE BEEN NUMEROUS ONES APPLIED FOR THE STORM URI? YES. 
          YES SIR. 
          OKAY. 
          ALRIGHT. 
          NEXT SLIDE. 
          UH, MULTIFAMILY, UH, THE RUSHMORE, IF YOU REMEMBER THAT WAS OUT A YEAR AGO OR SO. 
          UH, LIKE SOME CONTROVERSY THERE BUT IT'S GOING UP. 
          IT'S 68% COMPLETE, TOTAL OF 101 UNITS CAN 60%, I MEAN 85 UNITS AT 30 TO 60% A MI, TOTAL COST OF 32 MILLION. 
          WE INVESTED 3 MILLION IN HOME FUNDS, AND, UH, WE EXPECT IT TO OPEN UP NOVEMBER OF 2026. 
          UH, THIS IS A MAJOR PROJECT, UH, UM, IN DISTRICT G. 
          IT'S TAKEN A LONG TIME. 
          I KNOW, UH, COUNCILMAN HUFFMAN WAS SAYING THIS HAS BEEN AN ISSUE FOR A LONG TIME. 
          SHE'S GONNA BE VERY PROUD OF THIS BUDGET. 
          NEXT SLIDE. 
          UM, THIS IS BOULEVARD 61 AT 6,000 RICHMOND IN DISTRICT J. 
          84% COMPLETE A HUNDRED UNITS, 90 OF THEM, 90% OF THEM ARE RESTRICTED, UH, FOR LOW INCOME. 
          AGAIN, $4 MILLION OF HOME FUNDS WAS USED. 
          I I, WHEN I LOOK AT OTHER CITIES AND I SEE WHAT WE DO, WHAT WE'VE REALLY TRIED TO MAKE SURE IS OUR MONEY IS THAT WEDGE BETWEEN GETTING A PROJECT DONE AND NOT. 
          AND WE MAKE SURE THE DEVELOPERS HAVE SKIN IN THE GAME, UM, AND THAT THE LOANS WORK. 
          BUT AGAIN, WE CAN GET A LOT MORE DONE WITH FEWER DOLLARS AND IT'S VERY IMPRESSIVE WHAT WE DO. 
          NEXT SLIDE. 
          ANOTHER NEW HOPE HOUSING PROJECT CALLED AVENUE C. 
          93% COMPLETED 120 UNITS. 
          ALL 120 ARE RESTRICTED. 
          UH, WE HAVE $3 MILLION OF, UH, OF HCD FUNDING. 
          UM, AGAIN, NEW HOPE IS OUR DEVELOPER A GREAT PROGRAM. 
          UH, WE WERE THERE WHEN THE PROJECT BEGAN, UH, AND IT'S EXCITED THAT WE'RE, UH, BY SPRINGTIME, BY APRIL, WE'LL HEADS UP AND RUNNING. 
          AND THIS IS A TERRIFIC PROJECT AND WILL BE TYPICAL NEW HOPE, QUALITY, UM, AND SOMETHING THAT MAKES THE, WILL THE NEIGHBORHOOD PROUD AND GIVE THE RESIDENTS SOMETHING EXCITING TO PLACE TO LIVE. 
          AND LAST, YOU KNOW, AGAIN, TALK TO YOUR CONSTITUENTS. 
          WE WANT TO BE FOLKS TO BE CONNECTED. 
          WE WANT THEM TO BE INFORMED. 
          UH, THIS MEANS DEVELOPERS, REALTORS, PEOPLE WHO ARE INTERESTED IN AFFORDABLE HOUSING. 
          UM, I WISH WE COULD SOLVE THIS OVERNIGHT, BUT AS YOU SEE, THIS IS INCREMENTAL WORK THAT'S MAKING A SIGNIFICANT DIFFERENCE AS WE MOVE FUNDS INTO OUR CITY. 
          I THINK WHEN YOU LOOK, WHEN WE LOOK AT BACK OVER THE MAYOR'S TWO YEAR TENURE AND SEE THE NUMBER OF UNITS, UH, THAT WERE COMPLETED, THE NUMBER AND PROCESS, I THINK YOU'LL BE VERY IMPRESSED, UH, WITH THE LAST TWO YEARS HAVE MET. 
          VERY GOOD. 
          VERY GOOD. 
          THANK YOU. 
          THANK YOU BROTHER DIRECTOR. 
          CERTAINLY. 
          UM, ANY QUESTIONS? YES. 
          UH, MAYOR PRO TIM IS IN THE QUEUE. 
          I DUNNO WHY IT'S NOT SHOWING UP. 
          IT'S NOT SHOWING UP, IT'S NOT SHOWING UP. 
          UH, I JUST WANTED TO ASK FIRST. 
          THAT'S MY FAVORITE PART OF THE COMMITTEE MEETING. 
          IT'S TO ACTUALLY, UM, SEE THE PICTURES AND SEE THE WORK, UH, THAT WE'VE VOTED ON, AND THAT WE CAN ACTUALLY SEE THE KIND OF FRUITS OF OUR LABOR. 
          I HOPE, I HOPE THAT THE NEXT COMMITTEE MEETING WILL HAVE A, A TWO YEAR OVERVIEW. 
          I WANTED THE MAYOR TO SEE IT FIRST AND SEE WHAT HE'S DONE BECAUSE IT'S, IT'S, IT IS SIGNIFICANT. 
          YEAH. 
          UM, MY QUESTION THOUGH WAS ON THE SPRING 2026 COMMUNITY MEETING, WE'VE GOT THE SAVE THE DATE. 
          UH, WHAT, WHAT CAN WE EXPECT IN THAT COMMUNITY MEETING? WHEN WE PUT THIS IN OUR, OUR NEWSLETTER, WE WANT TO GIVE SOME SPECIFICS AROUND WHAT WE'RE GOING TO COVER IN THAT COMMUNITY MEETING. 
          I'M GOING TO ASK DEREK STAND UP AND ANSWER THAT BECAUSE AS I SAID, HE WAS AT THE PREVIOUS MEETING. 
          I, I HAPPENED TO MISS IT. 
          AND WE TRY TO MAKE EVERY MEETING DIFFERENT AND LEARN FROM WHAT WE LEARNED FROM THE PREVIOUS MEETING. 
          SURE. 
          SO AS PART OF OUR ANNUAL ACTION PLAN PROCESS, WE DO FOUR COMMUNITY MEETINGS, TWO IN THE FALL AND TWO IN THE SPRING. 
          WE USE THE ONES IN THE FALL TO GET AN IDEA OF WHAT THE HOUSTONIANS WANNA SEE OUT OF THESE FUNDS AND HOW TO USE 'EM. 
          AND THEN WE COME BACK TO THEM IN THE SPRING AND PRESENT TO THEM A DRAFT OF OUR BUDGETS FOR OUR ENTITLEMENT GRANTS THAT WE WILL BE SUBMITTING TO HUD FOR OUR FY 27. 
          UH, SO WE WALK THROUGH AND INFORM THEM WHAT THE GRANTS ARE, WHAT THESE BUDGETS, UH, WILL BE, AND THE ACTIVITIES INCLUDED WITHIN THEM. 
          WE USUALLY ASK FOR FEEDBACK AND PUBLIC COMMENT RELATED TO THEM AND HELP THEM TO KIND OF UNDERSTAND HOW WE'VE BEEN IMPLEMENTING SOME OF THESE PROGRAMS ALONG THE WAY. 
          THANK YOU VERY MUCH. 
          YEAH, VERY GOOD. 
          WE RECOGNIZABLE ALCORN. 
          THANK 
          [01:05:01]
YOU. 
          UH, MIKE, WHEN YOU, YOU HAD THE PICTURE UP WITH THE HOME BUYER ASSISTANCE PROGRAM WITH THE $125,000 CHECK. 
          THAT'S, THAT'S A BIG CHECK. 
          I MEAN, I, BACK IN MY DAY, THEY WERE LIKE, THEY WOULD GIVE LIKE 30,000 OR SOMETHING. 
          WHAT'S, WHAT THE RAIN, WHAT THE RAIN SUBJECT TO COME UP AND ANSWER THE QUESTION WITH YEAH. 
          WHAT'S THE RANGE OF, UM, OF AMOUNTS AND WHAT, WHAT ARE THE PRICES OF THE HOUSES AND THEY HAVE TO KEEP 'EM FIVE YEARS OR THANK YOU FOR ANSWERING THE, ASKING THE QUESTION. 
          THANK YOU, CEDRIC. 
          SO, UM, IT'S UP TO THE 125,000. 
          SO IT DEPENDS ON 125,000 A MONTH UP TO OKAY. 
          YES. 
          UP TO, SO BASED ON, OF COURSE IT DEPENDS ON INCOME AND ALL THAT. 
          YEAH, YEAH. 
          BASED ON THEIR INCOME AND BASED ON THE HOME THAT THEY CHOOSE, UM, WE ARE CLOSING THE GAP AND MAKING SURE THAT THEY'RE ONLY USING A THIRD OF THEIR INCOME FOR HOUSING NEEDS. 
          AND THAT'S WHERE IT RANGES FROM, YOU KNOW, $50,000, RECEIVE A FIVE YEAR, UH, LIEN, UH, UP TO 75,000, RECEIVE A EIGHT YEAR LIEN AND UP TO 125,000 RECEIVE A 10 YEAR LIEN. 
          OKAY. 
          SO, SO SHE HAS TO STAY THERE 10 YEARS. 
          OKAY. 
          CORRECT. 
          SO, OR TO GET THAT FORGIVABLE AND ALL THAT. 
          YEAH, SO SHE, SO, SO THIS IS OUR JUST STANDARD CHECK THAT WE, UH, UTILIZE, BUT IT SAYS UP TO, UH, I DON'T KNOW THE EXACT AMOUNT THAT SHE ACTUALLY RECEIVED. 
          OH YEAH, I SEE. 
          THE SMALL PRINT UP TO  . 
          UM, SO WHAT'S YOUR TARGET? UM, A MI FOR THIS PROGRAM? SO THE TARGET A MI IS UP TO 120. 
          SO THE FUNDS ARE DESIGNED OUT OF THE, UH, 18 MILLION. 
          YOU HAVE 70% OF THE DOLLARS ARE BEING USED FOR 80% BELOW, AND THEN YOU HAVE 30% OF THE DOLLARS USED UP TO 120% A MI. 
          OKAY. 
          THANK YOU. 
          YOU ARE WELCOME. 
          AGAIN, THOSE NUMBERS ARE LARGE AND WE WENT THROUGH THAT AS WE INCREASED THE, THE MAXIMUM AMOUNT, UH, BECAUSE, AND BECAUSE OF THE COST OF THE HOUSING, WHICH HAS GONE UP TREMENDOUSLY OVER THE YEARS, UH, BECAUSE OF THE ISSUES AROUND SO MUCH OF IT BEING AN 80% AND BELOW DOLLARS, IT'S REALLY REQUIRED THAT, AGAIN, AS YOU SAW THE NUMBERS, YOU HAVE TO HAVE A LOT OF APPLICATIONS TO HAVE A FEW ACCEPTANCES AND EVERYBODY HAS TO COME IN WITH THAT, YOU KNOW, MORTGAGE ALREADY SET UP BEFORE THEY GO THROUGH THIS PROCESS. 
          SO IT'S NOT AN EASY PROCESS. 
          UM, AND SOMETIMES IT IS A NEEDLE IN THE HAYSTACK FINDING THAT INDIVIDUAL WHO HAS THE RIGHT CREDIT, THE RIGHT INCOME, UH, THE RIGHT SITUATION. 
          BUT IT'S A, IT'S A SOLID PROGRAM THAT HAS MADE A DIFFERENCE IN SOME PEOPLE'S LIVES. 
          IT'S, YOU KNOW, DO YOU WISH WE COULD DO IT MANY, MANY MORE? ABSOLUTELY. 
          YEAH. 
          AND, AND ONE QUESTION I DIDN'T ASK EARLIER WHEN WE WERE TALKING ABOUT PUBLIC FACILITIES, AND I'VE ASKED IT BEFORE, BUT WONDERING IF YOU, YOU WILL EVER CONSIDER USING SOME OF THE PUBLIC FACILITIES FUNDS FOR SIDEWALKS IN CERTAIN NEIGHBORHOODS? MM-HMM. 
          I UNDERSTAND THAT IT QUALIFIES, BUT IT HASN'T REALLY BEEN THE, THE PRACTICE OF THE DEPARTMENT, BUT I'D, I'D SURE LIKE TO SEE SOME OF THAT MONEY FOR SOME IMPROVING SOME SIDEWALKS. 
          I'LL, I'LL COME BACK, I'LL COME TO THE SPRING MEETING AND LET YOU KNOW. 
          OR FALL MEETING. 
          NO, I, I'LL, I'LL COME BACK. 
          I'M SURE THAT'S THE, THERE'S A HUGE ISSUE THERE. 
          , I WAS LAUGHING ABOUT MY, MY, MY OWN SON-IN-LAW WAS IN TOWN. 
          HE SAYS, YOU'RE SURE A NICE NEIGHBORHOOD WITH TERRIBLE SIDEWALKS, . 
          UM, YOU'RE RIGHT. 
          AND THAT, AND THAT IS WHERE WE TALK ABOUT A WALKABLE CITY. 
          THAT'S AN IMPORTANT WALKABLE CITY. 
          UM, THANK YOU. 
          AND I, I, I ACTUALLY DID NOT KNOW THAT IT COULD BE USED FOR SIDEWALKS, BUT I WILL. 
          YEAH, I THINK WE'VE ASKED AND IT IS INELIGIBLE. 
          UM, IT IS AN ALLOWABLE USE OF IT, BUT THERE'S USUALLY OTHER HUGE BUILDINGS THAT NEED HELP AND, AND IT JUST, IT'S NOT BEEN PRIORITIZED, BUT JUST PUT IT OUT THERE. 
          YEAH. 
          BEFORE I GET TO THE COUNCILMAN, MIKE, WHAT IS THE, WHAT IS THE TURNAROUND FOR THE, YOU KNOW, UP TO THAT 125,000? WHAT IS GENERALLY THE TURNAROUND FOR A PERSON THAT APPLIES, UH, WITH THE APPLICATION? WHAT, WHAT, WHAT IS GENERALLY THE TURNAROUND AND APPROVAL WITH EVERYTHING SUBMITTED? YEAH, SO GENERALLY IT'S USUALLY, UH, EIGHT TO 10 WEEKS. 
          UM, YOU GOTTA REMEMBER THAT THE PROCESS, YOU, YOU HAVE TO GO TO TITLE COMPANY FOR CLOSING. 
          SO THAT'S A PROCESS IN ITSELF. 
          YEAH. 
          SO WHILE THEY ARE PRE-QUALIFIED FOR A MORTGAGE, UM, THEY STILL HAVE TO GO OUT AND FIND A HOME AFTER WE PROVIDE THEM A ELIGIBILITY LETTER. 
          OKAY. 
          OKAY. 
          SO RIGHT NOW WE HAVE, I THINK IT'S, UH, 104, TELL YOU THE EXACT NUMBER. 
          WE HAVE 116 THAT ARE CURRENTLY LOOKING FOR HOMES. 
          SO OUT OF THAT NUMBER, YOU KNOW, YOU HAVE, YOU KNOW, ALL RANGES OF A MI THAT ARE THERE. 
          SO ONCE THEY FIND A HOME, THEY HAVE TO PUT A CONTRACT ON THAT HOME. 
          OKAY. 
          [01:10:01]
AND THEN, YOU KNOW, IT GOES TO THE CLOSING PROCESS. 
          OKAY. 
          AND SO OF THAT 116, IF, UM, SAY SOME DON'T MEET THAT, THEN DO THEY GO BACK AND CORRECT. 
          SO OF THAT 116, THEY ALL ARE ELIGIBLE? RIGHT. 
          SO THEY'VE ALL BEEN TO, UH, IT'S, IT'S A TWO STEP PROCESS. 
          SO FIRST STEP IS ELIGIBILITY. 
          SO THEY MEET THE CRITERIA TO BE ABLE TO QUALIFY FOR THE FUNDS. 
          MM-HMM . 
          MEANING THAT THEY LIVED HERE IN 2017 DURING HURRICANE HARVEY AND THEY HAVE A MORTGAGE, THEY'VE TAKEN A HOME BY EDUCATION CLASS. 
          UM, AND THEN THEY HAVE THEIR PRE-QUAL, UH, FOR MORTGAGE. 
          AND THEN ONCE THEY'RE APPROVED, THAT GIVES THEM THEIR LETTER TO GO OUT AND SEARCH FOR A HOME. 
          OKAY. 
          VERY GOOD. 
          THANK YOU. 
          YES, SIR. 
          UH, RECOGNIZE, UH, COUNCIL MEMBER RAMIREZ IN THE QUEUE. 
          THANK, THANK YOU CHAIR. 
          JUST, JUST TO COMMENT, UM, 125,000 IS A LOT OF MONEY. 
          UM, AND, AND MIGHT SEEM TO SOME FOLKS LIKE A WINDFALL FOR ONE FAMILY, YOU KNOW, VERSUS, UH, IF WE, IF WE USE THAT, UH, TO TRY TO HELP MULTI-FAMILY UNITS, YOU KNOW, COULD, COULD WE, UH, COULD WE HELP MORE PEOPLE? BUT YOU KNOW, WE CAN, WE CAN SAVE THAT, THAT DEBATE FOR ANOTHER, ANOTHER TIME. 
          BUT I WAS GONNA ASK DIRECTOR, UM, THE COMPREHENSIVE HOUSING PLAN, FIRST OF ALL, THANK YOU FOR PROVIDING THE OPPORTUNITY. 
          LEMME ASK YOU THIS. 
          REMEMBER THE HA 2.0 IS FROM DR 17. 
          CORRECT. 
          AND SO THAT'S, PART OF THAT IS, THAT'S TIED DR. 
          17, DR 21. 
          WE HAVE NO HOMEOWNER ASSISTANCE, DO WE? THERE IS NO, THERE'S NOT NONE. 
          NO. 
          THAT'S ALL HOME REPAIR AND DR. 
          24 DOES NOT. 
          IT'S ALL HOME REPAIR. 
          OKAY. 
          THANK YOU. 
          UM, COMPREHENSIVE HOUSING PLAN. 
          THANK, THANK YOU FOR, UH, PROVIDING THE OPPORTUNITY FOR, FOR ME TO MEET WITH THE TEAM WORKING ON THAT PLAN A FEW MONTHS AGO. 
          UH, I KNOW, I KNOW. 
          I THINK THERE'S BEEN, UH, COMMUNITY INPUT ON THAT AS WELL. 
          CAN YOU JUST SPEAK TO WHAT THE COMMUNITY INPUT WILL BE GOING GOING FORWARD BEFORE A FINAL PLAN IS ADOPTED? AGAIN, I DON'T APOLOGIZE. 
          AMY CONLEY, WHO IS OVERSEEING THAT IS NOT HERE. 
          UM, THERE WILL BE COMMUNITY INPUT. 
          I KNOW HR A BACK IN TOWN THIS WEEK. 
          I'M MEETING WITH THEM SEVERAL TIMES. 
          SOME OTHER FOLKS ARE WITH COMMUNITY LEADERS. 
          UM, I DO NOT KNOW IF THERE'S A COMMUNITY MEETING SET UP YET. 
          I'LL FIND THAT OUT AND GET BACK TO YOU, COUNCILMAN. 
          I THINK THAT WOULD CERTAINLY BE A GOOD IDEA. 
          THANK YOU. 
          THANK YOU. 
          THANK YOU. 
          SO WE HAVE, UM, COUNCIL PUBLIC. 
          YEAH, JUST ONE QUICK QUESTION ABOUT THE, UM, OR ACTUALLY A STATEMENT ABOUT THE COMMUNITY INPUT ON PAGE 28, THE SURVEY THAT Y'ALL ARE PUTTING OUT TO THE PUBLIC. 
          I DID THE SURVEY, UM, WHEN IT WAS SENT TO US AND IT ACTUALLY AUTO RANKS YOUR CHOICE AFTER YOU CLICK IT. 
          AND I, I TALKED WITH AMY AND I THINK Y'ALL CHANGED IT, BUT BY THAT POINT Y'ALL HAD RECEIVED ABOUT A COUPLE OF HUNDRED RESPONSES. 
          SO, UM, THE, ALL OF THOSE RESPONSES WOULD BE, UM, NOT REPRESENTATIVE OF, OF WHAT, WHAT THE PEOPLE ACTUALLY RANK. 
          BUT, UM, JUST WANTED TO PUT THAT ON YOUR RADAR. 
          THANKS. 
          I THINK IT'S BEEN CHANGED. 
          I THINK IT'S BEEN CHANGED, BUT YOU KNOW, YOU HAD STILL RECEIVED SOME OF THE RESPONSES. 
          THANK YOU. 
          I WILL. 
          I'LL COME BACK TO YOU ON THAT TOO. 
          OKAY. 
          ANY OTHER QUESTIONS? SO THERE ARE NONE. 
          SO WE HAVE ONE PERSON THAT HAVE, UH, REGISTERED FOR PUBLIC COMMENTS. 
          THIS MS. TANHA HERRING TON. 
          IS SHE PRESENT? YES. 
          SHE HAS THREE MINUTES. 
          AND PARDON ME IF I DIDN'T PRONOUNCE IT RIGHT, YOUR FIRST NAME? YES. 
          HI, GOOD MORNING. 
          MY NAME IS, IS TENAYA. 
          HAIRSTON. 
          TENAY. 
          OKAY. 
          GOT IT. 
          YEAH. 
          NICE TO MEET YOU. 
          UM, I'M A REAL ESTATE DEVELOPER AND FUND MANAGER FOCUSED ON WORKFORCE AND ATTAINABLE HOUSING HERE IN HOUSTON. 
          WE STRUCTURE WHITE LABEL PROJECTS, UM, USING PRIVATE CAPITAL AND WE WOULD WELCOME THE OPPORTUNITY TO ALIGN WITH THE HOUSING AND COMMUNITY DEVELOPMENT REGARDING LAND AND PARTNERSHIP OPPORTUNITIES. 
          THAT'S WHAT I WANTED TO SAY. 
          OH, OKAY. 
          VERY GOOD. 
          THANK YOU FOR COMING. 
          THANK YOU. 
          SURE. 
          ALRIGHT. 
          ALRIGHT, SO THERE ARE NO OTHERS WHO WANT TO SPEAK. 
          SO WE ARE, BEFORE WE ADJOURN, I WANT TO REMIND YOU THAT EVERYONE THAT THE HOUSING AND AFFORDABLE COMMITTEE WILL HAVE ITS NEXT MEETING, MARCH, UH, 17TH AT 10:00 AM UH, THE DISTRICT F OFFICE. 
          OUR CHAIR WILL SEND OUT INFORMATION, UH, FOR 
          [01:15:01]
THE UPCOMING MEETING. 
          AND SO WE WANT TO THANK EVERYONE FOR BEING HERE TODAY. 
          IF THERE ARE ANY OTHER COMMENTS, THERE ARE NO OTHER COMMENTS. 
          THIS MEETING IS ADJOINED AT 10 AFTER 11. 
          THANK YOU SO MUCH. 
          WE ARE ADJOURNED. 
          THANK Y'ALL.
* 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.