09:34:34 out to the Portland Housing Bureau staff.
Staff members
09:34:37 can you
09:34:41 just kind of --
>> Recording in progress.
>> Turning
09:34:44 your camera on, waving those of you
09:34:48 who are with
09:34:53 PHB.
Thank you very much.
09:34:59
Excellent.
I believe we have some minutes to
09:35:02 respond to.
Are there any questions or
09:35:05 comments about the minutes from our
09:35:09 meeting in February?
Yes, Susan?
>> I thought
09:35:13 the minutes were excellent and very thorough and if
09:35:16 we need to approve them, I move to approve them.
>> It's
09:35:19 been moved for approval of the minutes.
Any comments
09:35:22 or questions from the oversight
09:35:25 committee members?
All in favor you can
09:35:29 say aye.
>>
09:35:33 Aye.
>> 100% approval.
09:35:37
Minutes have been approved for the last meeting.
09:35:40 Now as I was talking, we mentioned that
09:35:43 there is room for public testimony.
Each person
09:35:46 who has an intent or desire
09:35:49 to interact, you have two minutes to do so.
09:35:52
And you can indicate such by
09:35:56 raising your hand or going into the
09:35:59 queue.
Is there anyone that we have for
09:36:07 public testimony at this time?
09:36:12 >> Dr. Holt, I don't see anyone who has
09:36:15 signed up through the chat so far.
But we can give them
09:36:18 a few more moments
09:36:23 to do so if they
09:36:35 choose.
>> Seeing none, I'm okay with
09:36:39 moving on if you are, Tanya.
>>
09:36:43 Yeah, I think I'm okay with that too.
It doesn't
09:36:46 look like anyone is signed up.
>> Okay,
09:36:49 wonderful.
We will move to our first topic then of the
09:36:52 day and that is our project milestones
09:36:58 with Jill
09:37:06 Chen.
>> Can we advance the slides?
Keep
09:37:09 going.
Keep going.
Keep
09:37:12 going.
There.
Thank you.
09:37:16 Everyone for the report, my name is Jill Chen.
I'm the housing
09:37:20 investments and portfolio preservation manager and I use
09:37:23 she/her pronouns.
I just wanted to first of
09:37:26 all thank all of the committee members
09:37:29 who presented the project in front of
09:37:32 city council yesterday.
I really appreciated it.
And you'll see some
09:37:35 of the slides are similar to the ones you've already presented
09:37:38 so I'm not going to say the same things
09:37:42 you said because that would be a bit
09:37:45 redundant.
On the first slide you'll note that we have a
09:37:49 dashboard report about where we are.
And one of the things
09:37:52 that's changed in this
09:37:56 slide versus last quarterly meeting is that you'll see that
09:37:59 in predevelopment, there are new
09:38:02 you can call it units and new projects.
09:38:05
And this is related to three projects that you'll see
09:38:08 in the sort of larger
09:38:12 dashboard presentation, that
09:38:18 big one.
09:38:25
Francis and Claire and our catholic charities and
09:38:29 Barbara apartments with
09:38:32 Innovative Housing
09:38:40 Inc.
This slide highlights the two
09:38:46 projects Arlington and 105 Burnside which is already you can call it
09:38:49 operational.
Ten projects
09:38:52 from the 2019.
And the three new projects I
09:38:56 just mentioned in development and the predevelopment and those are
09:38:59 already in the process of moving forward.
Just
09:39:04 a couple of
09:39:08 items.
Next slide.
There we go.
09:39:11 And you also saw this as to where the location of the
09:39:16 projects are.
The three new projects are the
09:39:19 diamonds in
09:39:24 orange.
As mentioned we
09:39:28 now have a southwest project.
So that means
09:39:32 some of the framework guidance that we were trying to
09:39:35 adhere to.
I did want to talk a little bit about some
09:39:38 of the issues we are
09:39:41 seeing on the ground so that as oversight committee
09:39:44 members, you are familiar and aware of what
09:39:50 we are looking at.
The first is to do with
09:39:53 rising cost and supply chain issues.
09:39:56
In the city council meeting yesterday I believe
09:40:00 it was Commissioner
09:40:03 Maps talked about this.
What's happening
09:40:07 with the cost of construction.
What we're seeing on the ground is cost of construction
09:40:10 and cost of total project has
09:40:14 increased.
Interest rates have gone
09:40:17 up.
It has exceeded all of the expectations and all of the
09:40:20 project projections.
So
09:40:23 we've already exceeded it, we're expecting it to
09:40:27 exceed even more.
Construction high cost
09:40:30 is going at about 1% increase every six weeks or
09:40:36 so.
And that does have an impact on the
09:40:41 cost for us and for our development
09:40:45 partners.
What we're also seeing is
09:40:48 issues related to affordable housing in
09:40:51 general and all of the city and that is
09:40:55 related to the private
09:40:58 activity bonds and urban housing
09:41:01 and community services paused back in October
09:41:07 where they no longer
09:41:11 accepted 4% tax preapplications.
It's a long way of saying
09:41:15 what does it mean to us which is our projects may be
09:41:18 delayed.
None of our projects in construction will be
09:41:21 delayed, but the three projects that we just talked
09:41:24 about Aledoer 9, Francis
09:41:27 Clare and
09:41:30 Barbur Apartments could be delayed
09:41:33 more because private activity bonds are related to low income housing
09:41:36 tax credits.
And when there are no tax credits,
09:41:41 it could potentially mean an
09:41:46 increase in cost.
So next slide, please.
But
09:41:49 not all is bad and dreary.
09:41:52
I just want to look
09:41:55 forward.
The 2022 openings,
09:41:59 we've already talked about the two projects
09:42:02 that are actually
09:42:05 coming after the staff presentation which is
09:42:08 Crescent Court and Hayu
09:42:13 Tilixam.
Crescent Court is going to have 108
09:42:18 units.
It's going to be opening in April.
The grand opening is
09:42:24 May 10th at the site
09:42:27 2:30-3:30 if anyone is interested.
I probably shouldn't invite
09:42:34 you, but I'm inviting all of the
09:42:37 bond committee members.
And Hayu
09:42:41 Tilixam is
09:42:44 opening in later July.
Later on we'll have the
09:42:48 Cathedral Village, Emmons Place,
09:42:52 Las Adelitas and The
09:42:55 Starlight.
I just
09:42:58 want to emphasize we will have
09:43:03 200 units opening up.
And we're hoping it's a start on
09:43:07 impacting the homeless and the situation on the streets.
As a
09:43:11 total it will be 587 units throughout
09:43:14 the city and from the affordable housing
09:43:19 bonds.
And for PHB that's 841
09:43:22 units.
09:43:26
Next slide, please.
You heard also in
09:43:29 2023 we will have four projects
09:43:33 opening up.
Around
09:43:36 January 2023, we will have Aurora in east
09:43:40 Portland with human solutions that's 93
09:43:44 units.
And north building at Emmons
09:43:47 Place for 93 units.
And towards
09:43:51 midyear next year Anna
09:43:55 Mann will open.
And
09:43:59 Joyce which is 100%
09:44:02 PHS units.
And
09:44:06 then towards the end of
09:44:10 2023 and possibly
09:44:14 2024, we will have 206
09:44:17 units at 3000 Powell being developed by Home Forward.
That is
09:44:20 across the street from the
09:44:23 Target.
Without further ado, unless there's any questions
09:44:26 I will pass it
09:44:30 over to my colleague.
Chris,
09:44:33 is that you doing it today?
Thank you all.
>> Chris,
09:44:36 right before you jump in, let me give a moment to any
09:44:40 of the bond committee for any questions that
09:44:42 they may have.
>> This is
09:44:47 Anneliese.
I did have a question and this may or may not be
09:44:50 the right time to ask it.
I was looking at our progress
09:44:53 dashboard and there were some notes kind of
09:44:57 updated changes from last quarter and I saw that
09:45:00 for a couple of the projects, it looks like we're subbing
09:45:03 in some other sources of funding instead of bond
09:45:06 funding, can you maybe speak to that and speak to what
09:45:09 that means for our remaining funds which maybe we're
09:45:12 going to talk about right now looking at this very beautiful pie chart
09:45:16 in front of me.
>> Sure,
09:45:21 Anneliese, and that's a great question.
There were a couple of changes towards
09:45:24 the end of last year as we were closing two
09:45:27 projects.
The first one is the Anna
09:45:30 Mann.
PHB had some
09:45:34 CDBG, community development block grants, that needed to be used.
And
09:45:39 Anna Mann was the best project in
09:45:42 PHB's pipeline because CDBG is
09:45:45 best used for redevelopment and Anna
09:45:48 Mann was that one.
So we did
09:45:51 use 8 million in CDBG instead
09:45:54 of Portland bonds.
The other
09:45:58 one was the Joyce in which we had some you can
09:46:02 call it extra south park blocks
09:46:08 URA increment tax financing.
So we moved it into the Joyce and
09:46:12 reduced the amount of bond funds.
The impact for us is that
09:46:15 we had more bond funds that we could deploy
09:46:18 in the three new projects.
And that meant we could actually with the two of
09:46:21 those projects, it meant we could do one
09:46:24 more.
Instead of one more project, we did
09:46:28 three more projects.
Did that answer your
09:46:31 question?
>> I think so.
So I'm understanding this
09:46:35 correctly, so essentially those funds we have already been
09:46:38 able to save, we are already redeployed into an additional
09:46:41 project?
>> That's correct.
>> Okay, thank you.
09:46:44 >> Excellent question.
Allan, your hand.
>>
09:46:47 Thanks, Dr. Holt.
Thanks, Jill.
My question is sort of
09:46:50 similar to
09:46:54 Annelieses.
And it's still what you captured, that was going to be my question
09:46:57 really this impact of the changing
09:47:01 landscape on projects.
I don't know what my suggestion
09:47:04 is,
09:47:07 but I'm curious about
09:47:11 changes that might have been made to either the PHB funding
09:47:14 awards or the total project cost for the projects listed here
09:47:17 because when we get in the dashboard or the progress report,
09:47:20 I guess it's the progress dashboard is what it is, is a
09:47:24 snapshot of kind of what it is now rather than seeing
09:47:27 the changes.
And you all obviously have a very
09:47:30 good grasp on that.
I want to know if there's
09:47:33 a way outside of you having to communicate that to us for
09:47:38 us to see it here.
There's a lot of rows and
09:47:41 columns here already, so I'm not sure that that would be the
09:47:45 answer.
But I would be curious
09:47:48 for us to be able to watch the impacts.
And
09:47:51 I don't know again if there's a good way for us to convey that
09:47:54 outside of being able to hear the conversation here.
It's kind of similar to what
09:47:58 Anneliese was saying.
I don't know if that would be easier
09:48:01 than having to just share it with us every time.
>>
09:48:05 Allan, that's sort of dangerous.
It's sort of looking at the
09:48:09 sausage being made.
What we normally have on the
09:48:12 dashboard is the most up to date
09:48:15 sort of snapshot like you said.
09:48:18
We do see once
09:48:23 the project is closed or in construction, the total
09:48:27 amounts of PHB funding both in terms of the type
09:48:30 of source be it bonds or tax increment or
09:48:33 other federal funds, those do not
09:48:37 change.
But what will change and developers
09:48:40 work very hard to do it and keep
09:48:44 to the schedule.
So you'll note
09:48:48 for example on the dashboard Hayu
09:48:53 Tilixam was planning to open up in
09:48:57 May/June, they had slipped a month.
So you will see those
09:49:00 changes in the dashboard.
I did not highlight
09:49:03 them.
If it's something you would like us to do, we're happy to do
09:49:06 that.
09:49:10
We do not change, once the project is in construction also the unit
09:49:13 counts and the unit mix does not
09:49:17 change.
I had recently been
09:49:20 told of another requested change, but that was in,
09:49:23 not in unit count but whether one unit was designated
09:49:27 for example a PSH as a family unit versus
09:49:30 like a two bedroom versus a three bedroom, that kind of stuff.
09:49:33
Usually will not see it in the dashboard because it
09:49:37 gets a little too detailed.
But if you'd like us to highlight
09:49:40 it, we're happy to highlight it and just go through the
09:49:43 changes next time.
>> It's
09:49:46 easy to denote those in there somewhere,
09:49:50 I get that.
You're right, that's what I get for not being an actual
09:49:53 developer of housing.
So I have sort of
09:49:56 no idea how those all get mixed up.
But really appreciate that context
09:49:59 and to know what to look for and appreciate the updates
09:50:02 as we get them.
Just didn't know if there was an easier
09:50:05 way than having to put you on the spot.
>> No problem.
09:50:08 And one of the things I should say is total project costs
09:50:13 do not change because in the, or they should not
09:50:16 change.
That's a big difference, they do not versus should
09:50:19 not.
Because the developers also usually have in their
09:50:22 project costs and PHB requires it,
09:50:26 contingencies to ensure
09:50:29 that if something like wood, which it has, skyrocketed and
09:50:32 doubled in pricing, there is some cushion in there to
09:50:39 absorb that cost.
So sorry, that's a long one.
>> No, that was
09:50:42 perfect.
So yeah, my assumption is that you would tell
09:50:45 us, you would highlight some of those items if
09:50:48 something like that changed which
09:50:51 would be again, I'm sure it occurs, but
09:50:54 it's an unusual thing for us to change.
I wasn't
09:50:57 sure if those numbers without opening up all of the other
09:51:00 spreadsheets whether they shifted all the time.
09:51:04
So it's perfect context to know that's how it works.
09:51:08 For everybody involved in these, there's a lot of stuff going
09:51:11 on.
>> Thanks, Allan.
Todd, you looked
09:51:14 like you were about to say something.
09:51:17
No?
Any other questions?
09:51:20 Chris, it is on you, sir, for the expenditure
09:51:24 report.
>> Thank you, Dr. Holt.
And thank you committee
09:51:27 members.
I am Chris
09:51:30 Gustafson.
I am a financial analyst with the housing
09:51:33 bureau, I use he/him pronouns.
I would like to quickly
09:51:37 go over the highlights that we see here on the
09:51:41 expenditure report.
So as has been
09:51:45 the pattern over the previous
09:51:49 quarterly meetings,
09:51:52 expenditures and committed are up.
The
09:51:56 expended amount in fact about by 11 million over
09:52:00 the quarter.
That is that
09:52:04 $11 million roughly has been distributed
09:52:07 over the amount that had been distributed as of
09:52:11 December 21st.
The other key highlight here to
09:52:14 note is the
09:52:18 remaining amount which is now 0,
09:52:22 reflecting the fact that we have
09:52:25 effectively rewarded all of the
09:52:29 remaining bond funds to the three
09:52:33 new projects.
And the net result being that the
09:52:36 remaining funds for future
09:52:39 projects are the small amount of
09:52:43 reserve $167,000 plus the debt managed
09:52:46 cash which is approximately
09:52:50 1.83 million at this point.
So that is the
09:52:53 highlights.
If there are any questions, I'd be happy to take them.
09:52:56
Thank you everyone.
>> Thank you.
09:53:01 Committee members, any questions
09:53:06 and/or
09:53:09 comments?
I see none.
09:53:12
Chris, thank you very much.
Appreciate it.
09:53:16 We will move on to
09:53:19 project team presentations.
09:53:22
Tanya.
>> Good morning again everyone.
09:53:25 Tanya Wolfersperger.
She/her
09:53:28 pronouns.
I'm program coordinator here at the bureau.
09:53:31 I want to just remind you all that at our last quarterly
09:53:35 meeting, we presented a new template for our project teams
09:53:38 to come and present information to you all on the progress of
09:53:41 their projects.
So
09:53:44 this is the first round of projects that we've invited to come
09:53:48 back to you all and give some
09:53:51 updates on the progress of their projects that have been under
09:53:55 construction and are near completion.
So I'm
09:53:58 really excited to welcome our project
09:54:01 teams from the Crescent Court and
09:54:04 Hayu Tilixam
09:54:08 projects.
We're going to kick it off with the team from
09:54:11 Crescent Court.
I'll let them introduce themselves and walk
09:54:15 you through the
09:54:19 progress of their project.
>> Thanks, Tanya.
I'm Ryan
09:54:22 Hood with Related
09:54:26 Northwest.
He/him pronouns.
I think our
09:54:30 partner is on as well.
Right?
>> Yeah,
09:54:33 good morning everyone.
I'm
09:54:36 Mary-Rain O'Meara at Central
09:54:39 City Concern.
I use she/her
09:54:43 pronouns.
>> Great.
Again, thanks for
09:54:46 letting us come back and give an update on our project.
At this point I think
09:54:49 it's been a few years since we presented this one to the
09:54:53 bond oversight committee.
It's the most exciting part of the project where we start
09:54:56 to wrap up.
Sometimes you work on these for four years plus just
09:54:59 to get to grand opening.
09:55:02
So in general I think we're going to be speaking about Crescent
09:55:06 Court here.
This is just a
09:55:09 general aerial picture that we took
09:55:11 recently.
I think this is probably a month or so ago.
09:55:15 So there's been a lot of work since this
09:55:20 picture.
But this is what our building currently looks
09:55:23 like.
So next slide, please.
Just a
09:55:26 reminder on Crescent Court, this is a partnership between
09:55:29 Related Northwest and Central City Concern, it's
09:55:33 a joint development.
The property manager on side is going to be
09:55:37 Quantum Residential.
And the additional service
09:55:40 providers is Central City Concern is
09:55:43 offering general services as well as case management to the
09:55:47 permanent supportive housing units we have on side.
09:55:50
Immigrant and Refugee Community Organization is also a partner,
09:55:53 they're doing outreach for us and providing services as well
09:55:56 on site.
And I think uniquely the Boys and Girls
09:55:59 Club as kind of a pilot is doing their after school
09:56:03 programming on site as well for school age children.
09:56:10
Next slide,
09:56:14 please.
So some general project milestones and schedule.
09:56:18
These are more recent photos, I think these were probably a
09:56:21 few weeks ago.
We are anticipating construction
09:56:25 completion on time
09:56:33 on April 22nd.
09:56:36
We have the first resident ready to go on
09:56:40 April 27th.
As Jill mentioned our grand opening is on May 10th.
09:56:43
And you are all invited as well.
It's going to be
09:56:46 hopefully an in person event.
We've had to cancel
09:56:49 the last several ones due to Covid so we're excited about this
09:56:53 one.
The school
09:56:56 district has been also kind of a partner
09:56:59 in this project.
Gilbert Elementary school is
09:57:02 right around the corner.
And their principal, Susan,
09:57:05 is thrilled to have this project which is
09:57:09 targeting families also pop up right next door to the school.
09:57:12
They've been a great resource for sending families
09:57:15 into Lisa.
And at the grand
09:57:18 opening I think they're actually going to send the children's choir or the
09:57:21 band to come present too.
So it should be great.
More details
09:57:24 coming.
09:57:28
Next slide, please.
So some general project
09:57:31 highlights, the unit mix on Crescent
09:57:34 Court, we've got 28 studios and 41
09:57:38 bedrooms and notably
09:57:42 47 two-bedroom and
09:57:45 23 three-bedroom
09:57:49 units.
1/3 of the project is at AMI so
09:57:52 deeply affordable.
Target population for the community, families,
09:57:55 communities of color, immigrants and refugees,
09:57:59 and then households experiencing or at
09:58:02 risk of homelessness.
09:58:07
Next slide, please.
So on site services are
09:58:13 highlighted by we've got three partners essentially on site.
The
09:58:16 boys and girls club as I spoke earlier, they're
09:58:19 going to be operating that after school program.
They've got
09:58:22 almost 2,000 square feet that's abutting the
09:58:26 courtyard and the playground inside the building, in the courtyard
09:58:31 of the building.
And this is the first of a kind
09:58:35 for them.
09:58:40
We're thrilled about the partnership around the
09:58:43 school.
The idea is to help bridge some of that gap between
09:58:47 when that working family might still be wrapping up work and when school
09:58:50 gets out.
They'll be programming on site for children
09:58:54 to be kind of supervised and engaged and just
09:58:57 a part of the community.
So we're really excited about that
09:59:00 piece.
Central City Concern obviously is
09:59:04 a fantastic service provider is going to be on
09:59:07 site.
They're going to be doing comprehensive resident
09:59:12 services.
We have seven supportive housing units on site
09:59:15 and they'll be providing case management to those units as well.
And the
09:59:19 Immigrant and Community Refugee Organization, we have an
09:59:22 office for them.
They'll be satelliting
09:59:25 occasionally.
They are providing outreach, in depth
09:59:28 outreach initially especially
09:59:32 out here but ongoing as well.
And they're going to be targeting the
09:59:35 BIPOC community.
09:59:40
Next slide, please.
Just some general design
09:59:43 features.
This is a four story type five
09:59:46 construction building.
It's wood framed.
But we've got
09:59:50 plenty of masonry in areas that count.
It's
09:59:53 located right off of 115th and Division.
09:59:57
It's in the Southeast
10:00:02 Division Transit project area.
There's rapid
10:00:05 transit close.
The project is on
10:00:09 track for advantage
10:00:13 platinum.
We've got a 150
10:00:16 kilowatt solar array on the roof.
It's going
10:00:19 to be powering not only the boys and girls
10:00:22 club space and some of the common area, but we've also
10:00:26 added bike charging stations in the bike park area.
That was part
10:00:29 of the community feedback we received to add.
10:00:33
We also have electric vehicle charging stations, and the solar array is
10:00:36 going to be helping to power those.
In addition to that, we've got
10:00:39 a battery back up system within the building.
It's the first
10:00:42 time we've done this.
But it's kind of a resiliency
10:00:46 feature to power a community room essentially in the event of a power
10:00:50 outage so there will be outlets and plugs for folks to plug
10:00:53 their phones in for emergency calls, et
10:00:56 cetera.
So we're pretty excited to have that.
It's also a first of
10:01:00 its kind for us.
In addition to all of that,
10:01:03 we'd have an additional community room, parcel locking,
10:01:06 robust bike parking of course, and a beautiful
10:01:09 landscaped courtyard.
I wish I had an
10:01:14 updated picture.
Next
10:01:17 slide, please.
So in terms of marketing and
10:01:20 leasing strategies, we are just beginning our
10:01:23 lease up process.
We anticipate this kind
10:01:27 of working mostly probably between 4 and 6
10:01:30 months essentially for a full lease up.
And I think
10:01:33 the biggest point here too is not
10:01:36 just, I think it's important to do targeted out reach not just
10:01:40 up front but on an ongoing basis.
10:01:43
So Quantum is our property manager.
10:01:46
We also have multiple partners that are assisting with
10:01:49 outreach and making sure that we're reaching the communities that we're
10:01:52 targeting.
So some general steps from our property manager
10:01:55 is to identify groups that are least likely to apply and target the
10:01:58 initial outreach to those
10:02:02 folks.
And then go from there to a broader outreach
10:02:05 as well with a host of partners that I've got
10:02:09 on the next slide as well.
I think annually
10:02:12 or as units are becoming available, additional
10:02:15 outreach will be performed to reach the
10:02:19 BIPOC and priority populations.
And again I think the continued
10:02:22 outreach is going to keep the
10:02:25 population most in need
10:02:29 will have the opportunity to have access to the affordable housing.
10:02:32
Next slide, please.
So
10:02:37 it's a collaboration here at the initial phase for targeting
10:02:41 outreach to lease up our Crescent
10:02:45 Court.
The Immigrant Refugee
10:02:48 Community Organization, timing wise this is really an interesting
10:02:51 period.
They have a number of refugees and
10:02:54 immigrants that are currently in hotel rooms.
10:02:58
They've had a huge influx
10:03:01 recently and this project couldn't be coming online quick enough
10:03:05 essentially.
So they've teed up a host of applications
10:03:09 already and we'll be reaching those
10:03:12 communities in depth.
The
10:03:16 Powel Hurst Elementary School is right around the
10:03:19 corner.
We've met with them several times.
There's a number
10:03:23 of families at the school that are couch
10:03:26 surfing or living out of cars.
So they're thrilled, they're sending
10:03:29 over a host of applications as well.
We'll
10:03:32 be hopefully reaching all of those families which are just right
10:03:35 around the
10:03:38 corner.
Also marrying
10:03:41 this with the after school program is a big deal for those
10:03:45 families.
And Central City Concern has a host of
10:03:48 culturally responsive programs too.
I don't know if
10:03:52 Mary-Rain, if you'd
10:03:55 like to talk about how you'll be working through
10:03:58 this.
>> Yeah, absolutely.
Thank you so much, Ryan.
10:04:02 So we are so excited first off to be
10:04:05 a partner in this
10:04:10 project opening here
10:04:13 shortly.
We really value the opportunity to expand community
10:04:19 partnerships Boys and
10:04:22 Girls Club through this Crescent Court project.
>>
10:04:25 Speaking specifically to our culturally specific programs
10:04:28 here at Central City Concern.
We
10:04:31 three core programs, the
10:04:34 IMANI Center services
10:04:38 African Americans facing homelessness and mental
10:04:41 health needs.
10:04:44
Puentes services members of the LatinX community who are
10:04:47 engaged in SUDS
10:04:50 treatment and mental health services,
10:04:54 and Flip the Script which is
10:04:57 another African American
10:05:00 culturally specific program.
We've really heard in our design outreach
10:05:04 to these programs, a need for larger units,
10:05:07 family-oriented housing.
So again I just want to
10:05:11 applaud Related and partners
10:05:15 for the foresight of including Boys and Girls
10:05:18 Club on site at this building to provide that service and support.
We are
10:05:22 hearing from our clients, they need to be
10:05:27 successful in housing.
So we will partner with
10:05:30 Quantum and Related to do outreach to our targeted
10:05:33 programs here at Central City Concern.
In addition to our
10:05:36 existing family households that may be
10:05:39 looking to move into this new building, again
10:05:43 with the on site support that it provides through Boys
10:05:46 and Girls Club, I think it's an excellent opportunity for some of
10:05:49 our existing families and just more broadly across the
10:05:53 Central City Concern continuum of
10:05:56 clients.
We are
10:05:59 not the lead lease up agent in
10:06:02 this project.
But
10:06:06 so excited to bring our
10:06:09 partnership to get this building fully leased and occupied.
And just in
10:06:12 closing, so exciting to be
10:06:16 working in this campus concept
10:06:20 with this is our second project in partnership with
10:06:24 Related with Cedar
10:06:28 Commons opened June of last year.
And then we were so
10:06:31 grateful to be awarded funding for
10:06:35 Meridian Gardens which will open in 2024 and will be the
10:06:38 third in the continuum of affordable housing right
10:06:41 here on this location on Southeast
10:06:43 Division.
So really, really looking forward to it.
10:06:47 So excited about this grand opening.
>> Let me jump
10:06:50 in real quick.
I hate to interrupt, Ryan, you've got
10:06:53 about five minutes to wrap up so that we can get
10:06:57 onto the next presenter.
>> Thanks for the
10:07:01 heads up, Steve.
This is equitable
10:07:06 contracting outcomes.
So our general contractor is
10:07:09 Walsh Construction.
We've worked with
10:07:12 Walsh for a number of years now.
They have been a great
10:07:15 construction partner as most
10:07:18 folks have understood as well.
And I think for
10:07:21 our hard cost contracts right now, PHB goal had a target of
10:07:25 30%.
Our last report I believe is showing about
10:07:30 38%.
We're exceeding that goal, we're proud
10:07:34 about that.
And on the soft cost side as well, our PHB goal
10:07:37 was 20%.
And we've totaled up
10:07:40 36% so far and we're really reaching the end of that too.
So those
10:07:43 numbers are becoming more solid as time is
10:07:46 going on, so we've been meeting those.
Next slide,
10:07:49 please.
In terms of
10:07:53 workforce diversity, also Walsh is our key
10:07:56 partner here to kind of increase these
10:08:03 hours.
Apprentice hours
10:08:06 are 31% and
10:08:10 25% well over our targets.
Journey level hours, doing really
10:08:13 well with the people of color at 62%.
10:08:17
The 3.5% for women
10:08:20 on a journeyman level is low.
I think
10:08:24 there's a reporting error
10:08:28 actually.
But we are doing very well in terms of meeting the
10:08:31 workforce diversity as well.
Next page.
10:08:34
Just quick community engagement updates, we
10:08:37 did target a host of different community engagement
10:08:41 activities, we've met with the neighborhood association, the East
10:08:44 Portland Action Plan, they've been a great
10:08:47 partner.
I've presented multiple times to that group
10:08:50 and their sub subcommittee.
I think
10:08:53 in general this project has been received incredibly well
10:08:57 even from passer by community folks, houses in the
10:09:00 neighborhood, people have been very excited to see
10:09:04 this development come as well.
And our engagement partnerships again are
10:09:07 listed here too.
Next
10:09:11 slide, please.
Okay, that was
10:09:14 it.
So in general I'd be happy to answer any
10:09:17 questions.
Again we're wrapping things up this month and we're on
10:09:20 time and actually a bit under
10:09:23 budget.
>> Thanks, Ryan.
>> Happy
10:09:27 to answer any questions you may have.
>> Appreciate
10:09:30 that.
Any questions from the oversight committee?
10:09:33 >> Yeah, Susan Emmons.
Great
10:09:36 presentation.
I'm so sorry I'm going to be out of May 10th
10:09:39 and not going to be able.
Just to explain where
10:09:42 my questions are coming from, I've been a renter all my
10:09:45 adult life and live in an apartment building.
I wanted to
10:09:48 ask about laundry facilities, number of elevators
10:09:51 and do you have an on site manager?
Those were my three questions,
10:09:55 but great presentation.
>> Oh,
10:09:58 thanks.
And yes, great
10:10:01 questions.
We've got on site a common laundry room which is
10:10:04 going to be mostly for the
10:10:08 studios the one and the two bedrooms.
We've actually included
10:10:11 washer and dryer units in the 23 three bedroom
10:10:14 units on site.
>> Wonderful.
10:10:17
Wonderful.
>> Yeah, that was also feedback
10:10:20 in outreach
10:10:24 when we were talking to families from the school
10:10:27 district.
I have several kids myself, and it's amazing how quickly that
10:10:30 adds up.
We have laundry on site.
We have some included in the
10:10:33 three bedroom units.
We have two
10:10:37 elevators on site and there was a third question I think that you
10:10:40 had.
>> Do you have a manager
10:10:44 that's living on site?
>> We don't have a,
10:10:47 they're not going to be living on site.
The
10:10:50 maintenance, the full-time maintenance supervisor actually is going to be
10:10:53 renting on site with his family.
He's got one of those three bedroom
10:10:57 units.
So there will be presence 24 hours on site.
10:11:00 But the actual property manager themselves are not going to be living on
10:11:04 site.
10:11:10
Central City Concern would be operating
10:11:14 on site, and the
10:11:18 Boys and Girls Club will have a big presence too.
>>
10:11:21 Hi, this is Stef Kondor
10:11:24 with Related.
It's also worth
10:11:27 noting there's over 90 parking spaces on this site
10:11:30 which isn't typical in affordable housing.
There wasn't
10:11:33 a parking requirement.
But we thought to best serve
10:11:37 families in this neighborhood to put as much parking as possible so we're
10:11:40 trying to be very mindful.
>> Thank you for that.
Appreciate it.
10:11:43 Any other comments or questions from the bond
10:11:46 oversight committee?
>> Yes, Dr. Holt.
I just
10:11:50 wanted to say I appreciate the
10:11:55 engagement partnerships and the lease up kind of outreach
10:11:58 targeted.
That really makes a big difference and to see kind
10:12:01 of both just kind of focussed partnerships with
10:12:05 community-based organizations and then kind of a long list of
10:12:09 also connections with other organizations to at least get the word
10:12:12 out.
I just want to say I really appreciate that.
10:12:16 Thank you.
>> Thanks, Todd.
>>
10:12:19 Thanks, Todd.
>> No other, oh
10:12:22 a hand.
Allan.
Yes, sir.
10:12:25 Thank you.
Your hand was blending in.
>>
10:12:28 Oh, I'll have to
10:12:32 remember that, thanks.
Ryan, thanks for the presentation.
I just had a
10:12:35 quick question about how you all
10:12:41 see the relationship between Central City
10:12:44 Concern working.
I think I understand
10:12:48 Central City Concern has some
10:12:52 culturally-specific
10:12:55 concerns, so is
10:13:00 ERCO how do that you are roles
10:13:04 integrate together?
>> I think the biggest thing is tight communication between our
10:13:07 partners.
So I think keeping on the same page on where
10:13:11 things are moving, what targeted communities
10:13:14 we're trying to reach are all very important.
10:13:18
ERCO, they have a broad community and I think we're really trying
10:13:21 to reach who they serve.
Central City
10:13:24 Concern, I think there's probably some additional
10:13:27 overlap but also has different culturally
10:13:31 responsive programs within their agency too.
I don't think there can be
10:13:34 enough outreach for folks.
I think the housing is
10:13:37 in incredible demand.
ERCO, as I kind of stated
10:13:40 earlier, there's also a major influx right now in the
10:13:44 immigrant and refugee
10:13:47 community.
So they were doing a lease up an
10:13:50 outreach meeting and recently said are we going to be limited
10:13:53 on applications that we can send you.
We've got more
10:13:56 applications than probably units at this point.
So we're
10:14:00 welcoming everything as much as we can and I think we really
10:14:03 appreciate the collaboration and communication between
10:14:07 ERCO and Central City Concern.
Boys and
10:14:10 Girls Club is also doing outreach too.
10:14:13
I don't think anybody is getting in each other's way
10:14:15 at this point.
I think we're reaching a very broad community.
10:14:19 I hope that kind of answers your question there.
This is a unique
10:14:22 partnership.
We've got multiple partners on site.
But I think that
10:14:25 also creates a very diverse community.
>> Great, thank
10:14:27 you.
It does.
It raises the question for me, the
10:14:30 other thing is geography.
And ERCO is located out near
10:14:34 the site.
Is Central
10:14:37 City Concern also doing work in East Portland more and
10:14:40 more just like lots of the providers are.
I would assume.
10:14:43 Are they going to be working on the site
10:14:46 also?
>> I used to work for Central City Concern.
10:14:50
And I know when we were working on some of the buildings even in
10:14:53 downtown, I think we did kind of a heat map on where a lot
10:14:56 of folks were coming.
And I don't want to speak for Central
10:14:59 City Concern, but we did do a heat map and there was
10:15:02 a huge influx of folks coming from east Portland to downtown
10:15:06 for their services.
I do in general think that they have
10:15:09 seen and do serve the southeast
10:15:12 Portland.
The
10:15:16 Blackburn Center is near this.
Central City Concern now has
10:15:19 the Cedar Commons which is right next door
10:15:22 and they're funding the latest project right next door to that.
10:15:26
They definitely have a strong presence in East Portland as
10:15:29 well.
But I don't know if Mary-Rain
10:15:32 has additional answers to that.
I don't want to speak for
10:15:36 her.
>> Ryan, you hit all of the targeted points.
10:15:40
We have had a targeted expansion in East Portland since 2015
10:15:43 and added close to 300 units and more comprehensive services
10:15:46 in East Portland strategically.
Again we're looking
10:15:49 forward to expanding that footprint in
10:15:53 East Portland but definitely recognize sort of the
10:15:56 unique communities that our different agencies serve
10:16:00 within that geography.
And to Ryan's point, we're not
10:16:04 trying to duplicate, but we want to make sure that
10:16:07 outreach is broad and expansive and
10:16:10 I think that does take multiple
10:16:13 partnerships to achieve.
>> Thank you for your presentation
10:16:16 today.
I'm sorry, Allan.
Go
10:16:19 ahead.
>> Just thank you.
>> Thanks for your presentation, we
10:16:22 appreciate it.
We're going to move to our next group
10:16:25 that's presenting.
Tanya, I'll have you introduce
10:16:29 them.
We also want to be
10:16:32 sensitive to make sure they have the adequate time.
We're running a little long, but
10:16:35 I do want to give them appropriate
10:16:38 time for their presentation.
>> Absolutely.
Thank
10:16:41 you, Dr. Holt.
And thank you,
10:16:45 Ryan, and Mary-Rain, for
10:16:48 your wonderful presentation.
I want to welcome
10:16:51 our project team from Community Development Partners and
10:16:55 NAYA on their Hayu
10:16:58 Tilixam project.
I'll let you
10:17:01 all introduce yourselves.
>> Thank you,
10:17:05 Tanya.
Good morning everyone.
My name is Lucy
10:17:08 Corbett.
I am a development manager with Community Development
10:17:13 Partners here with Oscar, the director of community
10:17:16 development from NAYA.
And we want to give you
10:17:19 an update on Hayu
10:17:24 Tilixam which means many nations
10:17:27 in the Chinuk
10:17:30 language.
10:17:33
Next slide, please.
This is just
10:17:36 a snapshot from a couple of weeks ago
10:17:39 showing kind of the current
10:17:42 progress.
We are
10:17:46 about 65% complete
10:17:49 on the project.
And
10:17:53 we have an opening date
10:17:56 of July 18th
10:17:59 .
So we are
10:18:03 getting there.
10:18:07
This project is the third in a partnership
10:18:11 between CBP and NAYA.
10:18:13
The first opened a couple of years ago.
10:18:19 We just opened the second one just
10:18:22 earlier this spring.
And very excited to be able to
10:18:27 add this third building this
10:18:31 summer.
These are all in the
10:18:34 Colleen Neighborhood.
And they're all very close to
10:18:37 NAYA's campus also in
10:18:40 Colleen which includes wrap around
10:18:44 services that all residents of all three buildings have
10:18:47 access to in addition to having
10:18:51 services on site.
10:18:55
This project was part of the
10:18:58 PHB bond and also was on land that
10:19:03 PHB awarded to us.
10:19:06
So this is Northeast Prescott right near
10:19:09 the intersection of Prescott and
10:19:13 Culley Boulevard.
Next
10:19:18 slide.
Next slide.
10:19:21
So like I
10:19:24 mentioned, our team, our
10:19:28 sponsors CDP and
10:19:32 NAYA.
We are a management company.
Resident
10:19:35 services will be provided by NAYA with
10:19:39 PSH resident services provided by NARA.
And
10:19:42 also just to note the general contractor is
10:19:45 LNC Construction and our architect is
10:19:48 Carlton Hart.
And
10:19:52 all of these parties
10:19:55 have been on all three projects with the exception
10:19:59 of NARA.
But
10:20:03 it's been a really great experience to be able to
10:20:06 work repeatedly with the same
10:20:10 partners in both design construction
10:20:14 and operations because it's allowed us
10:20:17 to really build on lessons that we've learned
10:20:20 from the other two projects
10:20:25 and continue to improve and enhance the
10:20:28 buildings,
10:20:31 design, and services.
Some
10:20:35 milestones, we will begin lease up
10:20:39 outreach next month.
As I
10:20:42 mentioned our completion is scheduled for
10:20:45 July 18th and we do plan to have a celebration
10:20:50 of some sort in the fall,
10:20:53 date to be determined.
Next
10:20:56 slide, please.
As a reminder of the program
10:21:00 here, we have 50 units.
22
10:21:04 one-bedrooms, 11 two-bedrooms,
10:21:07 nine three-bedrooms.
So 20 of those 50
10:21:10 units are family sized and we have nine
10:21:16 PSH units which are all allocated to 2 and 3
10:21:19 bedrooms.
So it is an integrated
10:21:22 PSH project with the
10:21:26 PSH units being family sized
10:21:30 units.
In addition to being integrated
10:21:34 PSH, we also have priority to
10:21:37 serve Native American
10:21:41 families.
And I'm going to turn it over to Oscar now to
10:21:44 talk a little bit about some of the design
10:21:47 amenities.
>> Thank you,
10:21:51 Lucy.
Good morning everyone.
As Lucy mentioned, this is
10:21:55 an integrated PSH
10:21:58 building.
So former homeless Native
10:22:01 American families will be living here.
So the design team has
10:22:04 really been focused on
10:22:08 trauma-informed design.
We've really kind of
10:22:11 emphasized creating a feeling of safety
10:22:14 within the building.
So we have
10:22:17 property management and resident services offices
10:22:21 located at the entrance of the
10:22:25 building so staff can have, can keep a close
10:22:28 eye on folks for entering the building.
10:22:31
We've created clear site lines
10:22:35 and very well-lit spaces.
There's a
10:22:38 lot of glass on the
10:22:42 first floor to really allow for visual connections between all
10:22:47 of the spaces as well.
We've tried to have
10:22:50 as many rounded corners to avoid
10:22:53 blind corners.
There's the courtyard
10:22:56 is sort of created in a
10:23:00 semicircle fashion.
We're really trying to create
10:23:03 a lot of connection to nature and the
10:23:06 outdoors.
So the courtyard at the center of the
10:23:10 building has a lot of really nice
10:23:14 landscaping and plantings.
It's going to feel like
10:23:18 a natural extension of the common spaces on the
10:23:21 first floor.
There's also a small
10:23:24 balcony located on the second floor so residents
10:23:28 can have views
10:23:31 of the outdoors and the sky where
10:23:34 you're really using soothing colors like warm greens
10:23:38 and light blues.
And the wall art
10:23:41 is going to have a focus
10:23:44 on nature as well.
We're
10:23:48 also
10:23:51 avoiding
10:23:56 fluorescent lighting so
10:23:59 residents feel more in control and more empowered.
And we focused a
10:24:03 lot on acoustic separation between units to mitigate
10:24:06 noise.
All of these elements are found to be
10:24:09 helping with reducing stress and improving
10:24:14 residents' mood.
We're also very happy to have located,
10:24:17 secured some funding from the Portland Clean
10:24:21 Energy Fund to
10:24:26 provide some upgrades in the
10:24:29 building.
Next
10:24:32 slide, please.
So marketing and
10:24:36 leasing is really important.
We're working very
10:24:39 hard to make sure that we have a very targeted
10:24:43 outreach strategy so
10:24:46 that we're able to house the community that we're
10:24:49 trying to serve.
So NAYA and
10:24:52 NARA are working on joint application
10:24:56 events where folks can come and get
10:24:59 support with completing applications.
We have a
10:25:03 resource fair that is happening at
10:25:07 NAYA on April 23rd.
NARA is also hosting a
10:25:10 couple of events at
10:25:14 their site as well.
We have a housing team
10:25:17 that is focusing on working with clients
10:25:20 and communicating with them
10:25:23 prior to the building being completed so that folks are
10:25:29 getting ready to apply
10:25:32 when that is available.
Yeah, so we have sort
10:25:35 of an interested parties list going
10:25:39 on right now.
And I think NARA is already
10:25:42 trying to hire their PSH service
10:25:45 coordinator who will also be as soon as we can hire them, they'll be
10:25:48 onboarded and supporting
10:25:52 residents with application and even being able to move
10:25:56 in.
We've also learned a lot of lessons from
10:26:00 our two other
10:26:04 projects.
So we continue to improve our targeted
10:26:07 outreach strategies based on the
10:26:10 experiences from our two previous
10:26:14 projects in the neighborhood.
Next
10:26:17 slide.
Hand it back to Lucy.
>>
10:26:21 Thanks, Oscar.
So this gives you
10:26:24 a sense of
10:26:28 where we're at with our
10:26:31 DMWESB contracting.
And
10:26:34 right now we are a little bit above our goal of
10:26:37 30% in terms of hard
10:26:42 costs.
And we are also above the 20% goal
10:26:45 on professional services and soft
10:26:50 costs.
One of the exciting I think
10:26:53 things to note here on the professional
10:26:57 consultants was we were able to bring on a
10:27:02 Native American architecture firm,
10:27:06 7 Directions architects.
They were
10:27:10 a
10:27:14 subconsultant to CHA and helped us think about how
10:27:18 to deepen the design in terms of being able to really
10:27:20 reflect the Native
10:27:24 American culture.
And so
10:27:27 that was a unique element
10:27:33 of this project that we were kind of in development after
10:27:35 the previous two that we
10:27:38 felt like was important.
And then also
10:27:41 we have a number of other certified firms
10:27:44 noted here with an
10:27:47 asterisk.
So excited to be
10:27:50 able to exceed those
10:27:54 goals.
Next slide.
Here
10:27:57 our workforce diversity
10:28:01 goals, you'll see we are exceeding
10:28:05 the PHB goals on apprentice
10:28:07 and journey level hours for
10:28:10 the people of color
10:28:13 category.
And then
10:28:18 apprentice level hours for women also a little bit above
10:28:22 the PHB goal.
Journey
10:28:25 level hours we are at around 4%.
So
10:28:28 that one has been more challenging for us, but hopefully
10:28:32 that will continue to go up as we
10:28:35 continue to make progress through the project.
10:28:42
Next slide, please.
I'll turn it back over to Oscar
10:28:45 here.
>> So
10:28:48 these are some photos of community engagement events
10:28:51 that occurred both at NAYA and
10:28:54 at NARA prior to
10:28:57 the pandemic.
And we look forward to
10:29:01 at some point in the future being able to have
10:29:05 gatherings like these again.
10:29:10
Next slide, please.
So
10:29:13 yeah, we've done
10:29:17 a lot of focus groups with
10:29:20 some of
10:29:23 our clients to really kind of make decisions about
10:29:27 how
10:29:30 the building would be designed.
We heard
10:29:34 from our focus groups that laundry rooms
10:29:37 were a place where folks have
10:29:41 felt unsafe in the past and that folks were very
10:29:44 interested in creating laundry rooms a bit
10:29:48 more welcoming.
So we actually kind of have a
10:29:51 laundry lounge facility on the first
10:29:54 floor of the building.
And next to it is
10:29:57 a children's playroom
10:30:00 so folks could easily be doing their
10:30:04 laundry and then be hanging out next
10:30:09 door in a children's playroom which is going to have beautiful art.
And
10:30:12 again there's a lot of glass so folks feel
10:30:15 like there's a lot of visibility
10:30:19 into the spaces.
We really
10:30:22 had done a lot of enhancement around creating and
10:30:25 putting up cameras because again this was
10:30:30 something that we heard from residents that
10:30:33 they wanted to have this sense of feeling
10:30:36 safe.
We also have a
10:30:40 Native American art
10:30:43 consultant who has created a
10:30:46 Native American arts committee.
Art is
10:30:50 a very important element to the community.
So we spent
10:30:54 quite a bit of time and effort on
10:30:57 making sure that these buildings are
10:31:00 going to feel like something that the community can relate to, can connect
10:31:04 to, can
10:31:07 identify with that they can feel a sense of pride
10:31:11 of living in here.
So the art committee
10:31:14 is comprised of folks from
10:31:18 NARA and the elder community members and
10:31:25 NAYA staff as well.
Obviously with our pickups, we're working
10:31:28 very closely with NARA
10:31:32 Northwest.
We're working
10:31:35 very closely with the living Cully coalition
10:31:39 which consists of
10:31:43 Hacienda and Verde and Habitat for
10:31:46 Humanity.
There's also the neighborhood prosperity
10:31:50 initiatives located in the Cully
10:31:53 neighborhood.
So we work closely with Cully
10:31:57 Boulevard Alliance.
We're really excited about potential
10:32:00 future opportunities between the
10:32:03 three properties now that Mamook
10:32:07 Tokatee is currently getting leased up, we
10:32:10 think that there's going to be really fun opportunities
10:32:14 for the properties to host events and
10:32:18 invite residents from the other
10:32:21 affordable housing units to come over and get a chance
10:32:24 to know each other.
Next slide.
And that is the end of our
10:32:31 presentation.
Thank you so much.
>>
10:32:35 Thank you.
We appreciate the clarity of the
10:32:38 presentation.
I will open it up to Susan,
10:32:41 I see that you unmuted.
>> Yeah, I just
10:32:45 have one question.
Great presentation and I really look forward
10:32:48 to seeing this project.
How long are you allowing for
10:32:52 lease up?
Just
10:32:57 ballpark estimate.
>> Yeah,
10:33:00 I can start there, Lucy.
So
10:33:03 based on some previous experiences, we have learned that
10:33:06 an extended lease
10:33:09 up is not necessarily ideal for some of
10:33:13 our clients so we've
10:33:16 actually wanted to reduce the
10:33:20 length of the lease up because I think some of our clients when they're interested
10:33:23 in housing, they want housing like now,
10:33:26 not six months later.
So we found that a lot of
10:33:29 folks, when we've tried to have extended
10:33:32 lease ups, folks who were interested six months
10:33:35 ago are no longer interested
10:33:39 when it's time to actually, folks ready to move in.
10:33:42
And that's a lot of work on
10:33:45 the client filling out paperwork, completing paperwork.
10:33:48
A lot of work on the staff.
So we've actually kind
10:33:53 of slunk our lease up lens.
And I think we're looking at wanting
10:33:56 to have two months ahead but then knowing that
10:33:59 we'll kind of continue with the lease up process once
10:34:03 the building is actually online.
So we're probably
10:34:07 looking at still about 5 to 6 months
10:34:10 to go through the entire process and get the entire
10:34:17 building fully occupied.
>> Susan, any
10:34:20 other question?
Comment?
>>
10:34:23 No.
I mean my
10:34:26 experience just years ago is that as you're
10:34:30 bringing people who have possibly been challenged, it's good to
10:34:33 sort of have a rolling
10:34:37 lease up and the populations you're serving.
But
10:34:40 I think 5 to 6 months
10:34:43 sounds really reasonable.
And through all of these community partnerships you'll be identifying
10:34:46 people who may be some of the first people to move
10:34:51 in.
So it's just sometimes
10:34:54 I remember with people who were the funders, they were
10:35:02 perturbed when we took six months to fill up
10:35:05 a building that was 18
10:35:08 studios.
And we said to do it right we need six months.
10:35:11 5 to 6 months sounds very reasonable.
And it sounds like your design
10:35:15 and everything, it does sound like it's going to be such a welcoming
10:35:18 building.
Wonderful environment for people.
10:35:22
Thank you.
>> Thank you.
10:35:26
Any other questions from the oversight
10:35:28 committee?
Todd?
>> Yeah, no questions.
10:35:32 Just I wanted to say hello, Oscar.
It's
10:35:35 good to see you on Zoom.
Hopefully we can maybe
10:35:38 get together in person sometime soon.
I just
10:35:41 appreciate a wonderful
10:35:44 project.
The artwork and
10:35:48 cultural aspect of the project looks just fascinating to
10:35:51 me.
I mean I think that's a big part
10:35:54 of the development that we had in
10:35:59 Southeast Portland on 82nd and Division
10:36:02 thinking really intentionally about that aspect of buildings.
And then
10:36:06 I also wanted to also like kind of similar
10:36:10 is the partnership with the local
10:36:14 Cully Boulevard
10:36:17 alliance.
Those organizations are comprised of volunteers and people that are
10:36:20 really connected to community.
10:36:25
So to have a commitment of actual dollars from
10:36:28 those organizations really speaks a
10:36:31 lot to that the project is wanted, needed, and
10:36:35 fits with kind of the anti-displacement and
10:36:38 support strategies that these organizations are part
10:36:41 of their mission and
10:36:44 value.
So just wanted to say thank you and I appreciate the
10:36:48 presentation.
>> Thank you, sir.
Allan, I see that you've turned
10:36:51 on your camera.
>> Yeah.
Thank you,
10:36:55 Dr. Holt.
And
10:36:59 thank you Oscar.
I don't really have questions, I just
10:37:03 wanted to offer some thanks and appreciation.
I live very near the
10:37:06 Cully neighborhood and was recently
10:37:10 driving around and just recently realized they were all in the
10:37:13 Cully neighborhood.
I knew about them
10:37:16 but hadn't really pictured where they were.
I thought that was
10:37:19 fantastic, the investment you all have made in Cully
10:37:22 and how beautiful the buildings are and how
10:37:25 intentional they are.
Just wanted to offer that from somebody who's a
10:37:28 neighbor.
So really appreciate that,
10:37:31 thank you.
>> Thank
10:37:37 you.
Anneliese any comment?
>> No, other than to
10:37:40 say thank you, this looks wonderful.
And we appreciate you taking the time
10:37:43 to come and speak to us today and are very excited about this
10:37:46 project.
>> Thank you very much.
Thank you thanks for the
10:37:49 presentation.
I drive through Cully almost daily.
So seeing what's
10:37:52 going on and seeing the shift of what's happening as I'm
10:37:55 coming
10:38:01 into and out from my office.
It's nice to see life and
10:38:04 liveliness going on.
Appreciate you coming in.
We'll move to
10:38:08 our next item which is the director's
10:38:11 update.
Director Callahan, hello and welcome
10:38:14 back.
>> Good morning, Dr. Holt and members of the bond
10:38:17 oversight committee.
I have three general updates for you this morning.
10:38:21 First of all, I just wanted to appreciate
10:38:24 all of you for coming to the city council
10:38:27 work session.
I know it's been a lot of bond oversight committee
10:38:30 meetings for you in the last 24 hours, but your
10:38:34 testimony was very
10:38:37 powerful and I think council clearly got
10:38:41 a lot out of the conversation and especially
10:38:45 from your oversight and continuing to work
10:38:48 with Portland's housing
10:38:51 bond.
So just a great appreciation for you for all being
10:38:54 there.
The second thing I wanted to do is introduce
10:38:57 you to a new staff member at the Portland
10:39:02 Housing Bureau who is actually
10:39:05 on the call today.
10:39:08
Angel has joined the team at the Portland Housing
10:39:12 Bureau as our new finance and accounting manager.
He just started last week.
10:39:15
But I know you'll be seeing more
10:39:18 of Angel in meetings coming forward.
I'm putting you
10:39:22 on the spot so I don't know if you knew I was going to introduce
10:39:25 you.
But I didn't know if you wanted to say a few
10:39:28 words yourself to introduce yourself
10:39:31 to the committee.
>> Hello everyone.
My
10:39:35 apologies, I'm dealing with Covid right
10:39:38 now.
But it's been a
10:39:43 pleasure to participate in all of the work you've been doing.
I think it's very
10:39:46 impressive.
So I'm really excited to be part of this team.
10:39:50 I'm looking to make contributions with all of you
10:39:54 to continue helping with a lot of people that we have, people in
10:39:57 need that they need our
10:40:00 support.
So I'm really glad to be part of this
10:40:04 amazing team and to be
10:40:08 continued.
>> Thank you, Angel.
We're so glad you have joined our
10:40:11 team.
And then finally I wanted to give you
10:40:14 an update on the three
10:40:18 projects and I think Jill Chen may have alluded to this in the project
10:40:21 updates, the three projects that we recently
10:40:25 announced funding for with the
10:40:28 Portland housing bond and our remaining
10:40:32 resources, as I'm sure you have heard
10:40:35 the state Oregon Housing and Community
10:40:39 Services paused all
10:40:44 litech applications prior to our making awards of
10:40:48 these three projects.
And that is
10:40:51 causing some uncertainty for us as to
10:40:54 timelines as to when
10:40:58 they will and how
10:41:02 they will proceed with
10:41:05 leveraging the very important tax credit
10:41:08 leverage.
On the positive side,
10:41:13 Alder
10:41:16 9, 1 of the projects
10:41:20 was able to squeak in.
And the project is likely to have a
10:41:23 sooner application period.
But we are still
10:41:27 working with the state on the Barbur project
10:41:31 as well as the St. Francis Clare project.
And our other
10:41:34 slate of projects that we had also just
10:41:38 announced which were metro bond projects and
10:41:41 trying to make sure that they can proceed as
10:41:46 rapidly as they are able to.
But as I said at the
10:41:50 outset, it does create some uncertainty for
10:41:53 us with the change
10:41:56 in reaching volume cap.
But we are working very
10:41:59 closely with the state, with the governor's office, and with
10:42:02 our
10:42:05 partners at Metro as Metro projects are also facing some
10:42:08 uncertainty, not just Portland projects but
10:42:13 Metro projects with
10:42:16 our other regional partners.
I just wanted to pause there and see
10:42:20 if the committee had any questions and happy to take questions about what
10:42:24 I just raised or
10:42:29 other questions you might
10:42:36 have.
>> Now that's surprising,
10:42:39 director.
Normally there's some interaction
10:42:43 with you even if there isn't interaction with
10:42:46 other items.
That's super surprising.
>> Well I have
10:42:49 stunned everybody.
What can I say?
Either I was so clear in
10:42:53 my points, or everyone is just stunned.
So what
10:42:56 I will say is we're working very, very closely with
10:43:00 OHCS.
But there
10:43:04 may be a point that advocacy or
10:43:08 input from our bond oversight committee or other
10:43:12 oversight committees will be important.
I think
10:43:16 making sure that local priority
10:43:19 projects can move forward is going to be
10:43:22 really important and OHCS has been
10:43:26 really responsive thus far.
However there's still a
10:43:30 lot more for us to, for them to work out
10:43:33 frankly.
And obviously these projects
10:43:37 are needed more than ever in Portland and our
10:43:40 projects with such deeply affordable
10:43:43 units and affordable housing.
We remain deeply hopeful,
10:43:46 but we will continue to keep you posted as to our
10:43:49 conversations with our state partners.
>> Thank you very much.
10:43:53 Any comments?
Allan.
>> And this is the same messaging
10:43:56 we heard before, the same issue that we heard
10:44:00 before about private activity bonds and what we've been hearing in other
10:44:04 spaces also.
So I think everybody in the development community is
10:44:08 kind of waiting and watching to see how this is going to play
10:44:12 out and I appreciate your perspective,
10:44:15 Shannon about the potential need to advocate
10:44:18 for how important these particular projects are, these particular
10:44:22 set of projects that are part of this.
So
10:44:25 yeah, we're standing by I think
10:44:29 because I'm not sure there's too much
10:44:33 else we can do.
>> Director, did you want to respond
10:44:36 to the comment in the chat?
>>
10:44:39 We're happy to keep you informed as
10:44:43 OHCS releases more information.
10:44:46
But I think for folks that are working in local
10:44:49 affordable housing, I think
10:44:52 there is probably very soon an opportunity and
10:44:58 a time to start weighing
10:45:03 in.
Because this is an issue that is
10:45:07 unprecedented obviously in the state and can affect our ability
10:45:11 to frankly deliver on promises that we've made to the community and so
10:45:16 I think making sure that the impact and the decisions that are made
10:45:19 at the state level are
10:45:24 hearing from local
10:45:29 voices is making sure folks are fully apprised.
And
10:45:32 we should be getting more information
10:45:36 from OHCS
10:45:39 soon.
>> And Molly had a question in the
10:45:43 chat.
>> I'm sorry, Molly.
I'm not
10:45:46 sure what
10:45:54 P4P means.
No, I'm sorry,
10:45:57 it has no relation to People
10:46:01 4 Portland.
>> Okay, I'm so sorry that you have to be the
10:46:05 messenger of this information.
This is really
10:46:08 surprising.
Thank you for letting us know.
>> So
10:46:12
10:46:15 Molly, the issue is that there is a private activity bond
10:46:19 allocation to each state in the nation and Oregon has
10:46:22 now hit that private
10:46:27 activity bond cap meaning that
10:46:31 we are going to have to ration what has been a given in terms
10:46:34 of leverage and tax credits.
>> Right.
>> Oregon unlike
10:46:38 other states do not devote the entire amount
10:46:41 of private activity bond cap to
10:46:45 affordable housing.
Oregon also uses private activity
10:46:48 bond cap for other purposes.
And other states have
10:46:51 already faced this cap, notably some of our neighbors
10:46:55 to the north and south.
But there I think are going to be some
10:46:59 decisions that need to be made on the state
10:47:02 level both with the allocation of private
10:47:05 activity bonds to affordable housing and at
10:47:08 what ratio and then secondly how do you deal
10:47:11 in a scarce environment with something that we have
10:47:14 all depended upon.
>>
10:47:18 Right.
>> And of course the Metro region
10:47:21 sometimes is looked at as a region that has
10:47:26 resources and then, that people
10:47:29 share sometimes does not come to the various areas of the
10:47:33 state.
So I think that we are particularly aware and
10:47:37 working very closely with our state partners to make sure that
10:47:40 priority projects can move forward
10:47:43 rapidly.
But there is a scarcity
10:47:47 and that does mean we are faced with a
10:47:50 large amount of uncertainty at the moment.
So happy
10:47:53 to talk with you more offline, Molly.
>>
10:47:56 Yes, thank you so much.
I appreciate it.
>>
10:48:00 We appreciate the question.
Thanks everyone for being in this space.
10:48:03 Let me give an opportunity to the oversight committee members if there are
10:48:07 any closing
10:48:11 comments and/or thoughts.
>> I'll
10:48:14 just say quickly, yesterday Susan
10:48:18 Emmons called this the best committee she's ever served on.
And
10:48:21 I think that might be the highlight
10:48:24 of my career to be a part of that.
Just knowing
10:48:28 how many things you've been on.
Dr.
10:48:31 Holt, I don't know if you were a part of yesterday's presentation.
>> I was not.
10:48:35 >> I wanted to pass along that high praise and
10:48:38 also give you credit for your
10:48:41 facilitation and.
>> Thank you.
>> Yeah so thank
10:48:44 you.
>> I totally meant that.
That was a sincere comment.
10:48:47 And I thought about it before the
10:48:51 meeting.
I hadn't been in front of city council in a long time.
10:48:54 But truly I have been doing this work for a lot of years.
And this to
10:48:57 me has been the best committee I've ever been on.
And I think it's
10:49:01 the mutual respect of committee members for staff and staff
10:49:04 for committee members.
That you haven't treated us like
10:49:07 a rubber stamp.
And if we have questions and we have
10:49:10 ideas, you're responsive to them.
And it
10:49:13 feels very collaborative to
10:49:16 me.
So I'm just in awe of your work
10:49:19 and I know the pressures that
10:49:22 you, to be so productive during a time of a pandemic,
10:49:25 and I think we all are.
10:49:29
And I think transparent.
I've said so many
10:49:32 times, the way you report is a model for every
10:49:35 jurisdiction.
And I can't seem to get others to
10:49:39 pick that up, but just look at the way you
10:49:42 report and they should follow it.
>> Thanks,
10:49:46 Susan.
Thanks, Todd.
Appreciate the work
10:49:49 everyone.
Our next meeting is
10:49:53 scheduled for July which will be here in about a
10:49:56 week and a half.
So the way the year is
10:50:00 going we'll be seeing each other again real soon.
Thanks for your work
10:50:03 everybody.
Take care, stay