18:08:36 Housing Strategy Oversight

18:08:39 Committee. Happy new year,

18:08:39 everybody.

18:08:42 >> [Recording in process]

18:08:44 >> We are all doing as well as

18:08:47 we could possibly be, good to

18:08:51 see your faces. I am going to do

18:08:55 a quick acknowledgment of the

18:08:57 team who are here. And others

18:09:01 identify them as well. So, let's

18:09:03 go around the table and I will

18:09:05 begin on this side.

18:09:05 >> Yes, sir.

18:09:12 >> Let's start with

18:09:15 Kevin.

18:09:17 >> Are you green over there?

18:09:18 >> I am Kevin and I am green and

18:09:19 I am present.

18:09:20 >> John. Present.

18:09:30 >> Awesome. - Ruiz, present.

18:09:38 >> Jillian Perez, present.

18:09:41 >> Wonderful, wonderful. It is

18:09:43 great to have folks present. I

18:09:46 mentioned last time when we

18:09:48 gathered, we also in creating

18:09:50 this space wanted to make sure

18:09:52 it was equitable as possible.

18:09:54 Access was important, location

18:09:56 was important, and timing was

18:09:57 important and providing

18:10:00 something for people in the

18:10:02 evening to substance for folks

18:10:05 to enjoy and have access to. So,

18:10:07 tonight we got sandwiches and

18:10:10 chips, cookies and beverages for

18:10:14 those who are remote. We got

18:10:16 sandwiches and cookies and

18:10:18 beverages just putting that in

18:10:22 the air. Glad you are here.

18:10:26 On the screen, we have

18:10:33 aa'Nesha

18:10:39 ha.

18:10:43 >> TA' NESHA: Oh, you could not

18:10:44 hear me?

18:10:48 >> Saw that you are unmuted but

18:10:53 we are not getting

18:11:15

18:11:19 >> If you have an agenda, we'll

18:11:20 stick to it tonight.

18:11:22 This is a meeting open to the

18:11:23 public. It is not a public

18:11:25 meeting. What is meant is that

18:11:26 you have the opportunity, the

18:11:28 public is welcomed into the

18:11:30 space for a transparent and

18:11:31 accountability to see the work

18:11:34 that the Oversight Committee is

18:11:37 doing. We are following the

18:11:39 agenda that has been prepared

18:11:41 for this meeting. There is space

18:11:42 for public comment and

18:11:43 testimonies. We would love to

18:11:46 hear it. If there are concerns

18:11:48 outside of committee and outside

18:11:50 of this agenda, I am going to

18:11:52 ask the members of the Portland

18:11:56 Housing Bureau to identify

18:11:58 themselves. Those on the screen

18:12:00 if you can turn on your cameras,

18:12:02 would be awesome. Those in the

18:12:03 room if you can participate by

18:12:06 waving your hands. As well as on

18:12:07 the screen, you can wave so

18:12:13 people know who you are.

18:12:14 >> Thank you very much.

18:12:16 These are the people you would

18:12:17 approach. These are the folks

18:12:18 you would reach out to if there

18:12:22 are concerns. Again, outside of

18:12:25 tonight's agenda. You are also a

18:12:27 given space about two minutes

18:12:29 for public comment where you can

18:12:31 weigh in on the work we are

18:12:33 doing. With that being said,

18:12:35 we'll go forward with our agenda

18:12:37 tonight and we'll begin with our

18:12:38 director's update.

18:12:42 >> Lesley and Tahiti

18:12:45

18:12:50 Tahiti -- Ta'Nesha has their

18:12:50 hands raised.

18:12:53 >> I am going to do my best

18:12:55 those who are hybrid to keep my

18:12:57 head up so I can see the screen.

18:13:00 If you didn't hear the screen we

18:13:01 have to view from is connected

18:13:05 to the ceiling. So, I will do my

18:13:10 best to capture that. With that,

18:13:14 please Ms. Helmi.

18:13:18 >> Ms. Helmi Hisserich: Good

18:13:19 evening, happy new year.

18:13:22 I am the director of the Housing

18:13:24 Bureau. I want to acknowledge

18:13:25 that I am here with the

18:13:27 executive team of the Portland

18:13:30 Housing Bureau, all four members

18:13:32 of the team are here. Lesley

18:13:37 Goodlow who's the director. Our

18:13:39 business equity is on screen.

18:13:41 She's usually here on person but

18:13:43 she's remoting in from a

18:13:45 business trip that she's on.

18:13:47 So, we are glad she's willing

18:13:50 and able to take time to be with

18:13:53 us. Deputy director Gonzalez

18:13:55 who's taken up a bite of his

18:13:57 sandwich is here with us. I

18:13:59 think possibly for the first

18:14:03 time in-person. He's a new

18:14:05 deputy director so really so

18:14:06 pleased to have him joining us.

18:14:08 He's been with the bureau for

18:14:11 several years. He moved up from

18:14:12 having our finance and

18:14:14 accounting team and is now taken

18:14:16 on really important roles

18:14:20 overseeing a lot of our internal

18:14:24 operations. Online, we have

18:14:28 Josh Roper. He's the director of

18:14:31 Policy Planning and Research. He

18:14:35 started with us a month ago. He

18:14:40 has extensive background. Our

18:14:42 whole executive team is here and

18:14:44 we are here to listen to the

18:14:45 community and to be present in

18:14:47 the northeast communities. Very,

18:14:49 very pleased. Of course, we are

18:14:52 joined by a lot of PHP staff. I

18:14:54 am not going to name everybody.

18:14:57 I want to say great team, my

18:14:59 deep pleasure to work with the

18:15:01 people at Portland Housing

18:15:03 Bureau. I have a couple of

18:15:05 things to go over. First, it is

18:15:07 very personal but I want to

18:15:10 share with all of you that I

18:15:11 moved to Portland just about a

18:15:15 year ago from the city Of Los

18:15:20 Angeles. So, the last 24

18:15:22 hours, I have spent paying

18:15:24 attention to my family, daughter

18:15:26 still lives in Los Angeles. My

18:15:28 parents and my siblings as well

18:15:30 as many friends and really being

18:15:31 online and paying attention to

18:15:35 the devastating fire that has

18:15:38 really completely changed me. As

18:15:41 somebody who works -- I work in

18:15:43 local government, we have a

18:15:44 responsibility and even though I

18:15:47 am not a firefighter, we have

18:15:50 the responsibility to show up

18:15:51 during these kinds of

18:15:54 catastrophic events. This

18:15:59 particular event, my family has

18:16:02 been affected. Nobody is to

18:16:04 evacuate yet. It is really

18:16:06 pointing a fine point on the

18:16:08 importance of the city to be

18:16:10 prepared for these kinds of

18:16:12 things. I really woke up

18:16:16 thinking about, you know, what

18:16:17 if something like this were to

18:16:19 happen in Portland, what's my

18:16:21 role as a director of public

18:16:27 Housing Bureau and as a team -

18:16:31 [audio is distorted]

18:16:36 >> Ms. Helmi: I reached out to

18:16:40 the fire chief and bureau of

18:16:44 management, reiterate of the

18:16:47 importance of the housing bureau

18:16:49 of catastrophic events like

18:16:52 this. I want to express my - ask

18:16:54 all of you and express my own

18:16:57 and send my own prayers to that

18:17:00 city, the city Of Los Angeles

18:17:02 and think about how appreciative

18:17:06 I am that the State of Oregon

18:17:08 has sent 340 firefighters to

18:17:09 Los Angeles and several fire

18:17:11 trucks are driving down there

18:17:11 now.

18:17:13 There has been this incredible

18:17:16 response from a neighboring

18:17:21 state. Also, to to acknowledge

18:17:23 that we are in this together

18:17:24 and pulling together matters and

18:17:26 it is a priority for me as a

18:17:28 director and for our team to be

18:17:30 available and be present for

18:17:34 these kinds of things in

18:17:40 Portland. A few things I have

18:17:41 spoken about such as the changes

18:17:43 the city. The biggest thing is

18:17:45 our government completely

18:17:48 changed. We have all new elected

18:17:50 officials. We have new Mayor

18:17:52 Keith Wilson. New council

18:17:54 members. We are in district two.

18:17:56 In district two, we have three

18:18:02 new council members.

18:18:09 And council Member Dan Ryan, he

18:18:11 was a former commissioner and

18:18:12 reelected. I think we have a

18:18:14 great representation in this

18:18:15 district. I look forward to

18:18:16 working with them. I am only

18:18:18 just at the beginning phases of

18:18:21 getting to engage with them and

18:18:22 learn what the protocol is.

18:18:25 I am sure more will be revealed

18:18:28 as we come back and tell you how

18:18:31 things are going. The city

18:18:32 administrator, so I now report

18:18:35 up not to a commissioner but I

18:18:38 report through the mayor,

18:18:40 through the city administrator.

18:18:45 I report to deputy city

18:18:49 administrator, Donny Ol

18:18:53 iveraOlivera.

18:18:59 So, we four bureaus all work

18:19:02 together and we all report to

18:19:07 city administrator Donny Olivera

18:19:13 and reports to Michael Jordan.

18:19:14 He's been the interim

18:19:16 administrator for the past year

18:19:18 agreed to stay on for another

18:19:20 year. From my own positive,

18:19:22 that's really good news because

18:19:23 there are so much change

18:19:23 happening.

18:19:27 It is nice to have at least one

18:19:28 person to stay the same for at

18:19:33 least a year. I think he's still

18:19:35 an interim place and so that'll

18:19:39 change in a year. For now, it is

18:19:40 nice continuity. We are going to

18:19:42 keep you informed about how

18:19:44 process is at the city change.

18:19:46 There is a number of processes

18:19:47 that are changing.

18:19:48 We are figuring out what goes to

18:19:53 city council right now. City of

18:19:55 Council will take policy matters

18:19:57 and we'll take some budget

18:19:59 changes to them. We'll let you

18:20:00 know how those changes affect

18:20:02 our day-to-day life.

18:20:08 And then, lastly, I just want to

18:20:12 acknowledge that the six new

18:20:13 TIFF districts are on the

18:20:15 horizon for us. I don't know if

18:20:18 we have a map of those TIFF

18:20:19 districts, do we have one to

18:20:19 share?

18:20:23 >> We do. I can pull it up.

18:20:31 >> Ms. Helmi: It will be help

18:20:32 full to see.

18:20:35 There are three in east

18:20:39 Portland. The east of 205

18:20:42 district, Columbia park Rose

18:20:47 district and the 87th avenue and

18:20:48 in the central city area, we

18:20:50 have the Lloyd holiday district,

18:20:54 the central east side corridor

18:20:54 district and the west side

18:21:00 district. So, those three TIFF

18:21:01 districts are sort of - there

18:21:05 you go. They're in sort of three

18:21:07 clusters.

18:21:11 From Portland Housing Bureau, we

18:21:14 participated in the development

18:21:16 of these districts and the

18:21:18 action that was taken at the end

18:21:20 of last year was to actually

18:21:21 establish the districts.

18:21:23 They were voted on by the city

18:21:26 council and approved.

18:21:29 45% of the revenues that are

18:21:31 generated in these districts

18:21:34 will be used for affordable

18:21:35 housing. So, that's significant.

18:21:38 Over the course of the next 25

18:21:42 years, I think it is 25, these

18:21:45 six districts will generate $1.1

18:21:47 billion in affordable housing

18:21:50 funds. So, that's a very large

18:21:52 amount of funding that'll be

18:21:55 directed towards housing

18:21:56 development. None of those funds

18:21:58 are going to be available for

18:22:00 the next five years. Right now

18:22:04 what we are looking at is

18:22:07 entering into deep engagement

18:22:09 with each of the communities of

18:22:10 the TIFF district to develop

18:22:14 action plans. So, Portland

18:22:16 housing bureau together with

18:22:20 prosper Portland will be doing

18:22:22 deep engagement and building up

18:22:24 a five-year plan and as soon as

18:22:26 the funding became available,

18:22:28 we'll have some programs to

18:22:31 implement. So, this year, we

18:22:33 view as the year of Community

18:22:35 Engagement and planning together

18:22:37 with the community. Building

18:22:39 onto the kind of community

18:22:40 engagement you have been leading

18:22:41 here and all of you have been

18:22:43 engaged in this.

18:22:44 This is the model that I think

18:22:46 will be informing how we work

18:22:50 within the community. So, that's

18:22:53 it. Just -- lots of changes in

18:22:55 the city and very exciting

18:22:59 opportunities for us to really

18:23:01 deeply dialogue of the Housing

18:23:03 of Portland.

18:23:05 >> Thank you, director. If we

18:23:08 can go back to the gallery view.

18:23:11 Questions from the oversight

18:23:13 committee for the director. I am

18:23:15 going to start with you Ta'Nesha

18:23:16 if you have any questions.

18:23:18 >> Ta'Nesha: I do not have any

18:23:19 questions or comments at this

18:23:19 time.

18:23:23 >> Now, we can hear you, glad

18:23:27 you are here.

18:23:32 Saelee, welcome

18:23:34 to the meeting.

18:23:38 >> SAELEE:

18:23:42 I just logged in.

18:23:45 >> I hope you are safe.

18:23:45 Excellent.

18:23:50 >> SAELEE: I am.

18:23:53 Thank you. John?

18:23:57 >> John Trinh:

18:24:01 Happy new year. Respect about

18:24:02 the firefighters and them doing

18:24:05 what they do. When I was young,

18:24:07 I probably - I always wanted to

18:24:11 be a fireman, you

18:24:16 know? Those TIFF districts and

18:24:18 five years seem like a lifetime

18:24:21 away, but you know I am sure for

18:24:25 a lot of youngsters --

18:24:31 it is time for some accelerant

18:24:33 to go on.

18:24:36 District two, we still need to

18:24:39 get us to the finish line also.

18:24:43 I am going to keep my eyes

18:24:46 on.

18:24:49 >> How did they come up with a

18:24:50 five-year and not sooner?

18:24:52 I understand that they need to

18:24:54 collect their revenues but maybe

18:24:59 three years? Five seems a little

18:24:59 long.

18:25:03 >> Ms. Helmi: Yes, that's

18:25:07 a good question. Tax increment

18:25:08 is funding that comes from

18:25:10 property taxes. It is increments

18:25:12 that increase in tax values.

18:25:14 Once you establish the district,

18:25:16 you establish the base year.

18:25:19 Then, all the incremental

18:25:21 increases after that of property

18:25:24 taxes are what's going now into

18:25:27 a fund. The reason why five

18:25:31 years is you actually - in five

18:25:32 years, there will be enough

18:25:33 knowledge about how much tax

18:25:35 revenue there is to create a

18:25:36 bond, to bond against it.

18:25:39 They basically need to get to

18:25:42 show that there are taxes of

18:25:45 flowing into issue a bond. There

18:25:47 will be some small amounts of

18:25:49 funding, you know, relatively

18:25:51 small amounts of funding that

18:25:55 can be used prior to those five

18:25:56 years. It won't be until five

18:25:58 years that you see significant

18:26:01 enough funding to actually start

18:26:03 investing in the millions of

18:26:07 dollars as opposed to 50,000 or

18:26:08 75,000. It will be small number

18:26:10 until then. I think it is our

18:26:14 hope and we are talking to

18:26:16 Prosper Portland to see if there

18:26:20 is any way we try to leverage

18:26:21 things earlier to get some money

18:26:23 in. We don't know at this point

18:26:27 and we can't make a promise.

18:26:30

18:26:33 >> Julian: Thank you, the new

18:26:36 TIFF districts are really

18:26:38 exciting. Percentage revenues

18:26:42 that went to housing and north

18:26:43 and northeast TIFF district was

18:26:44 much higher. I am wondering if

18:26:46 you know what the reasoning was

18:26:49 for bringing it down or

18:26:52 establishing at 45% instead of

18:26:57 this 60% or 70% in north and

18:26:58 northeast.

18:27:00 >> Ms. Helmi: I don't know the

18:27:04 percentage of northeast.

18:27:10 >> 70% for housing and 30%

18:27:13 to our economic developer.

18:27:16 >> Ms. Goodlow: I was going to

18:27:19 jump in real quick because I

18:27:21 know Helmi had not been here to

18:27:23 know the history of the

18:27:27 district. So, initially the set

18:27:30 aside was 30% across the

18:27:33 whatever how many districts we

18:27:34 had, and that was an average of

18:27:38 30% across the district.

18:27:40 In 2015, what council did was

18:27:42 what we called the TIFF lift and

18:27:45 they increase the average to 45%

18:27:49 across the districts but because

18:27:53 interstatesinterstates did not

18:27:55 have sufficient housing given

18:28:00 the promises and the significant

18:28:04 displacement, it was deemed

18:28:06 that the set aside for the

18:28:07 remaining years of the district

18:28:09 would go up to 70%.

18:28:11 70% of the remaining revenues

18:28:13 would come to PHB and for

18:28:17 housing and 30% would go to

18:28:21 prosper for economic

18:28:23 development. And so, when you

18:28:25 look across the old districts,

18:28:29 it is still - it is not quite

18:28:31 45%.

18:28:34 We still have some money left in

18:28:35 a couple of the districts that

18:28:37 we have projects that'll fill

18:28:39 that out. I think it will be

18:28:43 about 43%, averaged 42% by the

18:28:46 time all those districts are

18:28:48 done. This will for the new

18:28:51 districts we are setting the

18:28:55 actual amount currently at 45%

18:28:58 across each district.

18:29:03 So, part of that will be us

18:29:04 doing community engagement

18:29:06 around what that set aside

18:29:09 should be. If it should be

18:29:12 different and some districts

18:29:15 than others. Make a

18:29:17 recommendation to the new

18:29:19 council about what that should

18:29:23 look like so it could be in

18:29:25 Lloyd District, the set aside is

18:29:28 30% because they don't need as

18:29:30 much housing but in 82nd, it

18:29:34 should be 60% and that gives us

18:29:39 to the 45% - you know, as an

18:29:40 average. That's part of the work

18:29:41 that we'll be doing over the

18:29:44 next year to determine what that

18:29:45 set aside should look like in

18:29:46 each of those districts.

18:29:49 Hopefully, that answers your

18:29:51 question, Jillian.

18:29:54 >> Jillian: It does, thank you

18:29:54 very much.

18:29:58 >> Ms. Helmi: Yes, thanks

18:30:00 Leslie. I was trying to

18:30:01 reemphasize that in addition to

18:30:03 the six action plans, the other

18:30:04 policy that we'll be doing

18:30:05 community engagement around is

18:30:08 the housing set aside policies.

18:30:10 So, how much of the tax

18:30:11 increment funding will be

18:30:15 satisfied for housing and that's

18:30:17 2025 activity for Portland

18:30:19 Housing Bureau.

18:30:22 >> Excellent. Any further?

18:30:28 >> One more question.

18:30:31 >> Jillian Felton: In that five

18:30:33 years, the district are

18:30:35 establishing what that cash flow

18:30:36 is and is there is an

18:30:38 opportunity in the latter part

18:30:41 of that to forward allocating or

18:30:42 working and start the process of

18:30:44 finding projects. It can take

18:30:46 five years to get your full

18:30:48 capital stack together so it

18:30:50 sounds like a long time but in

18:30:52 affordable housing, you know,

18:30:54 there could be a project ready

18:30:57 to go. I guess my concern, I am

18:30:59 not being very articulate. My

18:31:03 concern is that we start working

18:31:05 with developments sooner than

18:31:07 later. If we wait five years to

18:31:08 start, then it will be another

18:31:10 five years before we start

18:31:12 building and another two years

18:31:14 before that's built and we are

18:31:15 12 years out from having

18:31:18 housing. I am curious if it is

18:31:19 allowed under the statue or

18:31:22 something PHP is considering to

18:31:25 look at, a way to start forward

18:31:26 allocating and building that

18:31:29 pipeline of projects.

18:31:30 >>

18:31:33 >> Ms. Helmi: It is an excellent

18:31:34 question. I can't answer the

18:31:36 question whether it is allowed

18:31:38 in the statue.

18:31:39 What I can answer is whether PHP

18:31:43 is looking at it. We did brief

18:31:46 council Member Loretta Smith on

18:31:47 the east Portland TIFF district

18:31:49 a few days ago.

18:31:52 She asked the exact same

18:31:53 question. Question absolutely

18:31:56 made the recommendation that we

18:32:00 should be doing advance work so

18:32:03 we can begin the land ahead of

18:32:05 time. That was my reference to

18:32:06 working with the state, she had

18:32:07 some interesting ideas about

18:32:09 working with the state to

18:32:11 essentially move faster, start

18:32:13 earlier. So, I think what we are

18:32:14 hoping to do is get through the

18:32:16 action planning process so at

18:32:18 least we have an action plan in

18:32:19 place. We know what the

18:32:21 priorities of the communities

18:32:23 are. As soon as we know those

18:32:25 priorities and we are ready to

18:32:26 move, we'll start to take action

18:32:29 and fund things in advance so we

18:32:31 are setting it up and not

18:32:33 starting in five years, we are

18:32:34 acting in five years.

18:32:35 Thank you for that and

18:32:37 appreciate the question.

18:32:38 >> Jillian Felton: That's great

18:32:39 to here.

18:32:41 >> Thank you. I will come back

18:32:45 to you, thank you.

18:32:52

18:32:54 >> Yes, I am pleased to hear

18:32:56 this and I am happy to involve

18:32:57 the community people. I think it

18:32:58 is really important that as we

18:33:03 got started on this oversight

18:33:04 project, we started in inviting

18:33:07 community input and people came

18:33:10 and that's how we became a

18:33:11 committee and that's how we got

18:33:14 the work done. So, I am really

18:33:18 excited and looking forward to

18:33:25 this new government and housing

18:33:27 bureau and the projects they'll

18:33:30 be working on. I think we do

18:33:32 need time and especially getting

18:33:36 policy in place and some other

18:33:41 people up to -- well,

18:33:45 up to being informed and

18:33:59 helpful and getting these place

18:34:00 into housing.

18:34:02 >> Thank you. Ramon?

18:34:06 >> Ramon: No comment.

18:34:08 >> Kevin?

18:34:11 >> Kevin: Could you share

18:34:12 quickly what is that change and

18:34:16 kind of what you see is the big

18:34:20 opportunity in that across

18:34:21 different teams?

18:34:25 >> Ms. Helmi: Yes, I think what

18:34:26 Portland voters wanted in the

18:34:30 change of government was a more

18:34:32 functioning government. Part of

18:34:34 being a functioning government

18:34:38 is bringing - well, first of

18:34:41 all, bring communities together,

18:34:43 but also bringing the

18:34:47 departments and bureaus

18:34:49 together. In the past, it was

18:34:52 not that alignment. It was

18:34:54 Siloed so each individual bureau

18:34:58 sort of did their thing but did

18:35:02 not collaborate. Now,

18:35:05 we are in a structure that

18:35:07 forces us to collaborate. So,

18:35:10 the director and the staff all

18:35:14 have to actually talk and align.

18:35:15 This came to fruition recently.

18:35:16 I did announce this in the

18:35:18 presentation but I will share

18:35:20 with you that we were notified

18:35:25 yesterday that we were awarded a

18:35:27 $7 million grant my HUD.

18:35:31 That was called the prohousing

18:35:34 grantGrant. I don't want to go

18:35:36 into too much details until we

18:35:40 can get it all, you know, locked

18:35:42 down.

18:35:44 That grant not only led by the

18:35:46 Portland Housing Bureau, we did

18:35:48 the writing and pushed it

18:35:50 forward. It funds activities in

18:35:53 the housing production plan and

18:35:54 activities are being done and

18:35:56 funds activities and every one

18:35:57 of these bureaus.

18:36:00 We reached out to our partner

18:36:01 bureaus and said which part of

18:36:03 this plan do you need to get it

18:36:04 funded.

18:36:06 So, this is a grant for the

18:36:09 entire service area working

18:36:15 together. That's an example when

18:36:16 you can talk to each other and

18:36:17 collaborate and work to

18:36:19 strengthen us as a team. That's

18:36:21 a good example of the kind of

18:36:24 changes you are going to see

18:36:26 forward.

18:36:28 >> That's a big lift and massive

18:36:30 adjustment. John?

18:36:32 >> John: Just one last question

18:36:35 and maybe I may not have heard

18:36:38 it. Does this committee have

18:36:39 oversight and other TIFF

18:36:39 districts also?

18:36:41 So, you will form another one of

18:36:43 these in those districts also?

18:36:48 >> John: Thank you.

18:36:51 >> My question is when we did

18:36:55 our presentation before city

18:36:59 council, one of the things have

18:37:02 become extremely identifiable is

18:37:04 our affordability has to

18:37:04 change.

18:37:07 Even at 60%, families are still

18:37:09 burden. So, I made the

18:37:13 suggestion that we look at 40%

18:37:17 unit and 50% unit. As we are

18:37:19 doing this new TIFF district,

18:37:21 has there been any movement

18:37:25 around affordability.

18:37:28

18:37:31 >> Ms. Helmi: There has not

18:37:32 been. We are definitely

18:37:35 listening and paying attention

18:37:39 to it. We think - the low-income

18:37:40 housing tax credit system has a

18:37:42 kind of formula that everyone

18:37:44 has followed and we think that

18:37:45 formula needs to shift so that

18:37:49 we can get deeper affordability.

18:37:51 We have not discussed it within

18:37:54 the TIFF districts yet. All the

18:37:55 conversations so far have been

18:37:58 around to formation of the

18:37:58 districts.

18:37:59 Are we or are we not going to

18:38:01 have a district? What are the

18:38:03 boundaries of the district?

18:38:05 Which parcels are in the

18:38:07 district? The action planning

18:38:08 process, now that the district

18:38:10 are formed and approved, the

18:38:13 next step is to form advisory

18:38:15 bodies and to do the housing and

18:38:16 economic development, engagement

18:38:18 with community, what is it that

18:38:20 you want and need? I think

18:38:22 that's going to be the time when

18:38:23 we dig in and really understand

18:38:27 what levels of affordability are

18:38:28 needed in the community to truly

18:38:31 serve the community.

18:38:34 >> Dr. Holt: I appreciate that.

18:38:36 If we can by any stretch and any

18:38:38 contributions from our

18:38:40 community, let me flag that deep

18:38:42 affordability. We know that's an

18:38:44 issue and we know black and

18:38:48 brown people are cost

18:38:53 t-burden and rent-burden.

18:38:55 If there are ways to make that

18:38:57 conversation, we strongly

18:38:57 appreciate that.

18:39:00 Thank you, director, we

18:39:01 appreciate it. John, I believe

18:39:04 you are up, sir.

18:39:09 >> John Trinh

18:39:15 : Good evening, members and

18:39:15 staff.

18:39:17 >> Dr. Holt: John, we are having

18:39:20 a challenge with your audio and

18:39:22 you are freezing.

18:39:25 >> John T.: Can you hear me now?

18:39:29 >> Dr. Holt: I can hear

18:39:30 that.

18:39:32 >> John T.: Apologies that I

18:39:38 could not be there tonight.

18:39:38

18:39:42 Norma, can you put on the

18:39:46 PowerPoint. Thank you. My name

18:39:51 is John TRINH, I will be

18:39:57 presenting on the

18:40:01 policy homeownership update.

18:40:03 The last time we met, we had a

18:40:05 home buyer that closed in

18:40:06 December before Christmas.

18:40:08 We are very happy to see that

18:40:12 happened. To date, we have 128

18:40:14 families who became first-time

18:40:16 home buyers since the time we

18:40:18 started. Our goal is by the end

18:40:23 of 2029 will be 200. You can see

18:40:25 from this graph, many home

18:40:27 buyers in the north area. 39 new

18:40:31 home buyers. Next slide, please?

18:40:34 The demographic of the home

18:40:40 buyers, 117 used our live

18:40:41 subsidies. The previous slide

18:40:44 had 128 and those purchased

18:40:45 homes in the area but didn't use

18:40:48 subsidies. With the folks using

18:40:52 subsidies, 86% are black. 70%

18:40:54 are white. You can see the graph

18:40:58 of 4% for Native American and

18:41:02 multi-racial 3% and Hispanic is

18:41:06 3%. Next slide, please.

18:41:08 It was great to see this home

18:41:10 buyer when they purchased the

18:41:13 home. Think were at an AMI at

18:41:23 45%.

18:41:26 Really low AMI. The next

18:41:29 percentage is 81% to 100%.

18:41:33 We also have 21% at

18:41:37 101% to 120%. Under

18:41:42 60% AMI of 5%.

18:41:47 So, with the Preference Policy,

18:41:50 we have upcoming session for

18:41:52 folks. They're coming up in

18:41:54 January and February and so we

18:41:57 continue to look for housing to

18:42:01 get folks trained and educated

18:42:03 and we'll review their credit

18:42:05 and budget to make sure they are

18:42:09 ready to become first-time home

18:42:13 buyers. Next slide.

18:42:16 >> Yes, that's the last one.

18:42:20 >> Dr. Holt: Real quick

18:42:22 question, do we have a date for

18:42:23 the January session?

18:42:28 >> John T.: Sorry? You

18:42:30 got cut-off again.

18:42:32 >> Dr. Holt: January info.

18:42:34 Session, is there a date?

18:42:37 Frozen?

18:42:41 >> John T.: I don't have that,

18:42:41 sorry.

18:42:43 >> Dr. Holt: If you can get that

18:42:46 to us, that would be awesome.

18:42:48 >> John T.: Any questions from

18:42:52 the group here for John?

18:42:54 Jillian, any questions?

18:42:57 >> Jillian: No questions.

18:42:59 >> John T.: Christie will be

18:43:02 able to answer that question for

18:43:04 you.

18:43:08 >> Christie: Hi, I am happy to

18:43:10 answer the question about the

18:43:13 date. I am christie Gifford and

18:43:18 I am the preference policy, I am

18:43:19 leading those sessions. We have

18:43:23 four of them scheduled?

18:43:25 January. We just had one this

18:43:30 Monday. So, it was Monday the

18:43:31 6th. All from 6:00 p.m. to 8:00

18:43:35 p.m. In this session, we have an

18:43:37 orientation and we are able to

18:43:40 get everyone registered and

18:43:42 scheduled for their first

18:43:43 appointment which is really

18:43:47 nice. The next one is

18:43:52 January 15th.

18:43:56 >> Dr. Holt: John,

18:44:00 if you can mute that would be

18:44:01 awesome. Thank you.

18:44:03 >> Christie Gifford: The

18:44:04 following week and the last one

18:44:07 of the January 2nd is January

18:44:12 27th. These are invite only, as

18:44:16 far as the

18:44:18 six cohort applicants coming

18:44:22 in. People would have

18:44:24 correspondents from Portland

18:44:28 house and bureau and get that

18:44:29 list and we'll arrange the

18:44:32 session based on that.

18:44:33 >> Dr. Holt: Yes, thank you.

18:44:35 I will tell you why I am asking

18:44:37 because there are much

18:44:40 conversations in regard to our

18:44:42 processes from how we go about

18:44:45 or how the process is working.

18:44:48 So, I would love to start

18:44:50 capturing data that is current

18:44:54 data and Portland Housing Unit,

18:44:56 you guys are doing a great job,

18:44:58 how many folks and contacts and

18:45:00 so forth and so on. I just want

18:45:04 to support or be clear on how

18:45:10 our process are operating and

18:45:12 funding. It would be great to

18:45:14 have accurate data to be able to

18:45:14 process appropriately. Thank

18:45:18 you.

18:45:22 >> Christie Gifford: Thank you.

18:45:23

18:45:26 >> Dr. Holt: John, to question

18:45:27 to you, my friend.

18:45:29 Go back to your celebrations.

18:45:31 Good to see you.

18:45:35 >> John T.: Thank you.

18:45:39 >> Leslie Goodlow: Dr.

18:45:42 Holt, I want to say before you

18:45:46 move on. Regarding data, Ira

18:45:48 does a great job of tracking

18:45:51 data and we track from the

18:45:54 Preference Policy Team, to when

18:45:56 people applied and how many

18:45:58 notifications they gotten and

18:46:00 those people that were verified

18:46:02 and then that list moves over to

18:46:04 Ira and Ira then contacts people

18:46:07 and gives them opportunities to

18:46:10 attend the sessions so he tracks

18:46:14 each person when they they are

18:46:16 being notified and who goes onto

18:46:18 the list to then go over to

18:46:18 christie.

18:46:21 So, we do have all of the data

18:46:22 on our side.

18:46:26 >> Dr. Holt: Excellent.

18:46:29 >> Leslie Goodlow: If there are

18:46:32 any person that says hey, I am

18:46:33 on the list and I don't know

18:46:34 what's going on.

18:46:38 They can reach out to me or John

18:46:40 TRINH or Ira and we can

18:46:41 phenotyped out what's going on

18:46:44 and what notification or if they

18:46:45 have not been notified because

18:46:49 they are in the five point or

18:46:51 four point cohort. It could be

18:46:52 because we have not gotten to

18:46:54 them yet and that's why folks

18:46:55 are concerned.

18:46:57 >> Dr. Holt: I appreciate it.

18:46:58 Thank you, that's great

18:46:59 information. I appreciate that.

18:47:02 I did not ask Ta'Nesha if you

18:47:05 had any congressmens or comments

18:47:05 for John.

18:47:08 Forgive me for that.

18:47:14 >> Ta'Nesha: I don't have any

18:47:15 comment. It was wonderful to

18:47:18 hear that somebody is able to

18:47:18 purchase.

18:47:22 >> SAELEE: That's very great.

18:47:23

18:47:26 >> John T.: We do have another

18:47:28 home buyer closing this month.

18:47:32 We are excited.

18:47:37 >> Dr. Holt: Fantastic.

18:47:41 Please, come join us in front of

18:47:45 the table. We are moving forward

18:47:48 to the table.

18:47:54 Hi, Dyvisha and happy new year.

18:47:59

18:48:04 >> Dyvisha: Good evening Dr.

18:48:09 Holt, I will be presenting on

18:48:11 public housing.

18:48:14 So, what I did is I took all the

18:48:15 applications and submit

18:48:17 second-degree since 2004 to

18:48:21 2025, we had a total of 3,008

18:48:22 applications submitted. That's

18:48:25 an unduplicated number. So, some

18:48:26 duplicates may be accounted for

18:48:28 on that. I want to show that

18:48:29 number so we can see there is

18:48:31 always interests in it and

18:48:33 people are aware of it. Some

18:48:37 folks have been on the list

18:48:39 previously but they reaapply.

18:48:47 Next slide, please. And here is

18:48:49 a break down by point cohort. I

18:48:50 like to take us through a little

18:48:52 bit of explanation of the

18:48:54 cohort. By now, I am sure folks

18:48:56 have been on the committee for a

18:48:59 while have heard this enough.

18:49:04 The way it works is based on

18:49:08 geography where a person's

18:49:12 ancestor lives of the northeast

18:49:13 Portland determining how high or

18:49:15 low they are placed on the

18:49:15 list.

18:49:19 This is based closely tie to

18:49:21 north and northeast Portland.

18:49:24 The points are determined by how

18:49:25 much activity happening within

18:49:27 the area where those individuals

18:49:29 live. I just wantst always like

18:49:31 to have it there to ground us so

18:49:34 we know what we are here for.

18:49:37 We have 246 families in the

18:49:41 six-point cohort. 758 in the

18:49:42 five-point cohort. I am very

18:49:45 happy to see that. We have 204

18:49:48 in the four-point cohort. 264 in

18:49:52 the three-point cohort.

18:49:55 252 in the two-point. We know 0

18:49:59 is always a larger number, we

18:50:04 have 1,152 in that cohort.

18:50:08 Next slide, please. My promise

18:50:11 to you last November that I was

18:50:14 going to provide a security

18:50:15 update. I want to provide you

18:50:19 something just to bring us all

18:50:21 on the same page of what this is

18:50:23 all about. This is a partnership

18:50:25 between rental services office

18:50:28 and the preference policy team.

18:50:30 What it is is supports the

18:50:33 individuals on the preference

18:50:36 policy list by covering up

18:50:36 moving cost.

18:50:40 So, moving trucks, childcare,

18:50:43 security deposits and hence the

18:50:46 name, and any other fees that

18:50:49 may be incurred in relation to

18:50:52 moving. It was off to a shaky

18:50:56 start. There was - I would say

18:51:00 confusion or disconnect around

18:51:01 promotion, whereas we are

18:51:04 thinning the folks, letting

18:51:06 folks know what it is about and

18:51:10 leaning heavy on partners to

18:51:11 promote. However, we turn our

18:51:13 attention to create some sort of

18:51:15 fliers so to speak that they can

18:51:18 provide to folks as they are

18:51:20 meeting with them when they do

18:51:22 their initial in-take

18:51:22 interviews.

18:51:24 This is when they apply and when

18:51:26 they move to the preference

18:51:27 policy list and contact by the

18:51:28 housing provider and at the

18:51:30 appointment to actually apply.

18:51:33 That's a lot of steps in between

18:51:34 and opportunities for us to

18:51:36 inform about the program. We

18:51:38 have tighten up a little bit. A

18:51:42 lot of trainings have been

18:51:46 provided and going over what

18:51:48 this is about. It covers other

18:51:49 moving costs.

18:51:50 Very pleased to say I don't have

18:51:53 a list of the buildings that do

18:51:56 it but there are partner

18:51:57 buildings that don't charge

18:51:59 security deposits.

18:52:01 Hence, it is being under

18:52:02 utilized and not being

18:52:06 well-known among some of the

18:52:08 recipients. That caused a lot of

18:52:09 frustration of the community

18:52:10 members and partners and us. We

18:52:13 did have a wonderful meeting,

18:52:15 via e-mail and discourse with

18:52:17 one of our partners and out of

18:52:20 it came a flier and of course

18:52:22 trainings. I will say it has

18:52:26 picked up. We have

18:52:29 a significant number, so, we

18:52:32 take a look at the first quarter

18:52:34 and the first quarter we only

18:52:36 had about 25 families that

18:52:37 received rent assistance. Most

18:52:41 of the referrals were going to

18:52:46 our - Dr. Daryl --

18:52:46 building.

18:52:49 We had a lot of individuals who

18:52:51 had their security deposit

18:52:52 supplies to their rent. We are

18:52:55 seeing a bit of diversity of how

18:52:58 the funds are being used.

18:52:59 Hopefully, we'll be able to

18:53:01 bring you more in the

18:53:02 comprehensive report and how it

18:53:04 is being used or test it out

18:53:06 more whatever direction it goes

18:53:08 based on whatever leadership

18:53:10 decides. In the second quarter,

18:53:12 we have 17 more families that

18:53:13 received grant assistance. We

18:53:16 had a little bit more diversity

18:53:18 and who those funds in which

18:53:19 buildings those funds were going

18:53:26 towards. We still have Dr.

18:53:34 Daryl Milner

18:53:39 building, Cascadia BHC and

18:53:43 GARLINGTON place and also

18:53:45 finding the point in which to

18:53:46 start the process to assess

18:53:49 where the person is needing

18:53:51 assistance and also getting them

18:53:53 moved in in time because it is a

18:53:55 short window. Most folks are -

18:53:58 one person reported having three

18:54:00 days to come up security

18:54:02 deposits and of course all the

18:54:06 other moving costs that is are

18:54:06 incurred.

18:54:09 So, it is good to see them apply

18:54:11 it proactively. Some concerns,

18:54:15 which I did a retraining with

18:54:16 their team.

18:54:23 Charlotte B. Rutherford

18:54:27 place. About 42 families have

18:54:29 been served and about 44,000 of

18:54:30 the funding have been spent. We

18:54:34 have a total of $56,000

18:54:35 available. From there, we'll be

18:54:38 to conduct the comprehensive

18:54:41 report, we'll have some surveys.

18:54:42 That's what came first. To

18:54:45 access how the program was

18:54:46 going. That was led by our

18:54:50 partner United way, a big

18:54:51 shoutout to them to make sure

18:54:53 that families are aware of this

18:54:54 and supporting them in building

18:54:56 the process and getting their

18:54:59 invoices paid for any services

18:55:02 they were using. Before we start

18:55:04 our comprehensive report, we'll

18:55:07 be doing interviews to see how

18:55:10 the program goes and get more

18:55:13 insights on how to make it

18:55:15 better. And from there we'll

18:55:18 have more updates to report in

18:55:19 the next session which I believe

18:55:21 is in March.

18:55:23 Next slide, please? All right,

18:55:25 thank you for your time. It is a

18:55:25 short presentation today. Any

18:55:27 questions?

18:55:28 >> Dr. Holt: Thank you.

18:55:30 We'll go back to our gallery

18:55:34 view and I will begin asking if

18:55:38 any one has any questions or

18:55:38 comments? Ta'Nesha?

18:55:43 >> Ta'Nesha: No questions.

18:55:43

18:55:52 >> Dr. Holt: SEALEE?

18:55:57 >> SEALEE: None for me

18:55:58 either.

18:56:02 >> Dr. Holt: John?

18:56:04 >> John: I am going to ask you a

18:56:07 series of questions because I am

18:56:08 curious about it. When people

18:56:12 get on the waiting list, that

18:56:14 does not indicate anything

18:56:17 except that they're on the list,

18:56:19 right? So, each of those people

18:56:23 on the list needs to be vetted,

18:56:28 right?

18:56:31 >> Dyvisha: Yes.

18:56:33 >> John: With 3,000 people being

18:56:36 on that list and maybe I am not

18:56:37 aware. There is assets out

18:56:40 there, meaning there are places

18:56:42 to place people available, of a

18:56:45 lot of projects that are out

18:56:46 there, right? So, I am just

18:56:48 having a hard time understanding

18:56:52 with 3,000 people on the wait

18:56:55 list and there is assets out

18:56:58 there, that's not burning any

18:57:00 money in costing people, is

18:57:03 there a break down some where? I

18:57:05 am not understanding that.

18:57:07 So, I am asking that question to

18:57:09 figure, trying to figure out why

18:57:13 some of these projects are

18:57:14 losing money while there are

18:57:16 assets and people waiting to get

18:57:17 their places.

18:57:20 >> Dyvisha: It Hinches on what

18:57:21 was touched on a little earlier.

18:57:25 I am going to ask Leslie to

18:57:26 chime in.

18:57:28 Affordability is apart of it. We

18:57:29 are sending folks interested in

18:57:32 the housing opportunity. It is

18:57:34 not uncommon for us to send a

18:57:36 list of folks. We send ten

18:57:38 families per vacancy.

18:57:39 It is not uncommon for us to

18:57:41 send notice to folks or make

18:57:46 referrals to buildings.

18:57:48 It did not yield the result it

18:57:50 needed. What we heard back is

18:57:53 affordability. We started a

18:57:59 process midway last year where

18:58:01 initial kind of touch being

18:58:04 sensed by star just to Gardner

18:58:05 interests before we share the

18:58:07 list with providers. We had some

18:58:09 takes with that because of the

18:58:10 timing given to respond.

18:58:13 There were questions and doubts

18:58:16 about that. The issue there lies

18:58:17 a lot of folks reporting they

18:58:20 want to be in the building but I

18:58:24 need something cheaper. That's

18:58:26 mostly what comes up. I don't

18:58:27 want to beat that horse. That's

18:58:29 what we are hearing back and

18:58:32 that does cause a slow pace in

18:58:33 the list.

18:58:37 >> Leslie Goodlow: John, that's

18:58:38 a great question because I mean

18:58:42 the first thing is you got

18:58:47

18:58:50 1100 point folks. If you pull it

18:58:52 out, you got 2,000 people that

18:58:54 have some connections to

18:58:56 northeast Portland with varying

18:58:59 degrees of proximity to city

18:59:02 action. So, generally, when we

18:59:04 get a request, somebody says oh,

18:59:07 we got a vacant unit in X

18:59:10 building. It is this size or

18:59:13 whatever, we send them ten names

18:59:17 or if they got more than one and

18:59:20 we have to continue to send

18:59:22 them names of people until

18:59:24 either somebody says yes and

18:59:28 they work out and qualify or it

18:59:30 gets to the 90 days and they can

18:59:33 request a waiver. So, we are

18:59:37 finding that a lot of people on

18:59:39 the list can't afford to move

18:59:41 into a 60% unit. We don't have

18:59:45 enough 30% units and so their

18:59:47 over income for 30% unit, there

18:59:49 are not enough voucher units. A

18:59:50 lot of people on the list don't

18:59:53 want to go off the list because

18:59:55 things may change for them, but

18:59:57 they are also looking for a

18:59:59 voucher unit, which is a

19:00:00 different process. We can't use

19:00:06 the preference policies to lease

19:00:10 up units that have project-based

19:00:13 vouchers or the unit that's

19:00:13 available.

19:00:15 The person at the top of the

19:00:17 list may have three kids and

19:00:19 they need a three-bedroom unit

19:00:21 but the units that are available

19:00:23 right now are one and two

19:00:25 bedrooms or studios and one

19:00:27 bedroom. So, we are really

19:00:28 working to increase the amount

19:00:32 of data that we have on our

19:00:35 side, thanks to Dyvisha and

19:00:36 Ramon and the new person we'll

19:00:39 be hiring in the next couple of

19:00:41 weeks to ensure that we are

19:00:45 doing a better job of matching

19:00:46 people on the list with units

19:00:50 that are coming available. And

19:00:52 so we are going to pilot a

19:00:53 different process. We have tried

19:00:58 it once. We are going to work

19:01:00 with one of our development

19:01:03 partners where they send us the

19:01:05 information saying we got three

19:01:06 bedroom or two bedroom and this

19:01:08 is how big it is. This is what

19:01:11 the rent is, this is the AMI and

19:01:15 then we send it out to folks on

19:01:17 the list, and then those people

19:01:18 that respond saying yes, I am

19:01:22 interested, can I schedule a

19:01:24 tour? What's the next step?

19:01:27 Then, we only send those names

19:01:29 over to that development partner

19:01:32 so they're not having to go

19:01:33 through person after person who

19:01:35 may not be interested because

19:01:37 they need a three bedroom and

19:01:39 only a one bedroom is available

19:01:42 or vice versa. Other thing is

19:01:46 that we are going to be doing a

19:01:47 review of the preference policy.

19:01:50 I think I talked about this last

19:01:54 fall to see what pieces we can

19:01:57 change or should change and how

19:02:00 to tweak some of the

19:02:04 implementation so that we have

19:02:06 better results. As Dyvisha and

19:02:08 Dr. Holt have said, a lot of

19:02:10 this comes down to affordability

19:02:12 in these buildings. That, you

19:02:16 know, a 60% unit is out of reach

19:02:17 for a lot of people right now.

19:02:18 Hopefully, that answers your

19:02:22 question, John.

19:02:24 >> John: Thank you very much for

19:02:27 that. I find it ironic is that

19:02:29 there is an affordability

19:02:31 problem within affordability

19:02:32 development.

19:02:35 There is an irony in that.

19:02:38 We are building these properties

19:02:40 to address these issues.

19:02:44 >> Leslie Goodlow: I agree.

19:02:45 >> Dr. Holt: One of the things

19:02:52 we are dealing with is - deeper

19:02:53 affordability is necessity,

19:02:54 that's where we come into

19:02:58 advocate for that deeper

19:03:01 affordability. We can't be

19:03:06 satisfied because it is a

19:03:15 conundrum and oxymoron.

19:03:19 >> John: After the development

19:03:22 and looking at the existing

19:03:25 asset and seeing the asset is

19:03:30 under - how would you say it?

19:03:30

19:03:33 >> Dr. Holt: Under-occupied?

19:03:35 >> John: Under performing is

19:03:38 more appropriate.

19:03:41 >> Leslie Goodlow: One other

19:03:45 thing I will mention in relation

19:03:47 to you asking about buildings

19:03:51 losing money. At one point, I

19:03:52 think it was last December,

19:03:55 December of '23 and I don't know

19:03:58 how much of this has been

19:03:59 cleared up but between hour six

19:04:01 buildings, there was a million

19:04:02 dollars in past due rent across

19:04:05 six buildings.

19:04:10 >> John:

19:04:11 Yes.

19:04:14 >> Leslie Goodlow: Folks do not

19:04:16 want to evict people because of

19:04:18 past due rent but at the same

19:04:20 time struggling to keep their

19:04:21 occupancy at a rate that's not

19:04:25 going to impact their financing,

19:04:27 their situation with their

19:04:28 credit deals and all of those

19:04:32 things so it is a balance

19:04:34 between supporting our

19:04:36 development partners and

19:04:38 supporting those community

19:04:39 members that I have heard from.

19:04:44 I hear a lot from people as

19:04:50 does Dr. Holt and Dyvisha.

19:04:52 I heard in my whole life where

19:04:55 people think we did this and it

19:04:56 is not really what we said it

19:05:00 was going to be. So, really

19:05:03 trying to fight against that

19:05:05 notion and how do we address it.

19:05:10 How do we make things better so

19:05:14 that folks can afford to live in

19:05:16 these buildings and move back

19:05:19 into northeast Portland. Albina

19:05:22 vision is they have a building

19:05:25 that's going to be opened early

19:05:25 2026.

19:05:28 They are fundraising in order to

19:05:32 lower the AMI on many of their

19:05:36 units so that they can rent at

19:05:41 40% and 50%. I think that's some

19:05:43 of the things we need to be

19:05:46 looking at as Helmi mentioned as

19:05:48 we are looking at future

19:05:50 projects how much subsidies does

19:05:53 any buildings need and do we

19:05:55 subsidize at a higher rate?

19:05:57 Where is the money coming from

19:05:59 to subsidize at a higher rate?

19:06:01 If people don't pay their rent,

19:06:04 how do we help developers stay

19:06:07 on their feet? There are units

19:06:11 available and buildings, we get

19:06:13 noticing every couple times a

19:06:17 month there are buildings

19:06:19 available, but struggling to

19:06:21 find people off the list that

19:06:24 are able to move right now or

19:06:27 can afford the rent or need a

19:06:29 different size unit. So, there

19:06:33 are a lot of factors that are at

19:06:39 play.

19:06:41 >> John: Thank you for that.

19:06:43 I agree with that. It makes it

19:06:45 uncomfortable of some of the

19:06:49 dynamics I am understanding. The

19:06:50 needs are what's driving the

19:06:51 project.

19:06:53 Housing is a need. A lot of

19:06:55 times even with the business

19:06:59 sector, you know, for certain

19:07:00 demographics, we don't do the

19:07:02 research before times.

19:07:03 Sometimes the needs just drive

19:07:05 us to do something to perform

19:07:07 somehow. Once we have done that

19:07:10 performance, the reality of the

19:07:13 fallout is in hindsight it is

19:07:14 almost like the time we

19:07:17 recognize developers, okay, we

19:07:20 are billing these buildings but

19:07:22 now we have to build handicap

19:07:23 access because we didn't take

19:07:25 the time to consider them. And I

19:07:28 am thinking a lot of this is

19:07:30 happening in this process also

19:07:32 and one of my biggest concerns

19:07:35 is we are building just to

19:07:37 build, or are we building the

19:07:40 population to meet the building,

19:07:41 you know?

19:07:42 There are some questions of

19:07:46 something this around social

19:07:47 services. We are building the

19:07:48 community and the people in the

19:07:49 community as we are building

19:07:53 these buildings or are we just

19:07:58 building buildings? I believe

19:08:02 that this whole low-income,

19:08:04 affordable housing reality is a

19:08:05 bit of a Buchter. I think it is

19:08:09 just the housing we are

19:08:10 considering, it is the

19:08:12 community. I am going to rest

19:08:14 that conversation due to time. I

19:08:16 am starting to see something and

19:08:18 the reason is talking on this

19:08:20 panel and trying to figure out

19:08:21 some of these questions because

19:08:23 the things I am hearing, I am

19:08:25 just tired of sitting here and

19:08:28 being fed of information and

19:08:30 seeing numbers and things and

19:08:31 acting like I am ignorant. I am

19:08:33 seeing some things and I am

19:08:34 seeing them on the bigger

19:08:36 picture out there because it

19:08:40 affects affordable housing as we

19:08:43 -- I am starting to recognize

19:08:45 some of these affordable housing

19:08:52 developments are losing

19:09:00 money. I am going to

19:09:03 careful in saying this but I am

19:09:08 going to say this jokingly and

19:09:10 humorously, demographics,

19:09:12 demographics k becomes apart of

19:09:27 the project. What I am starting

19:09:28 to see within that culture if it

19:09:33 is not moving or stimulus in the

19:09:38 demographics --

19:09:39 creating life rather than people

19:09:42 not paying rent and crimes and

19:09:43 all these other issues.

19:09:45 Anyway --

19:09:48 >> Dr. Holt: Thank you, John.

19:09:50 Helmi, you are going to respond.

19:09:51 I don't know if Leslie had

19:09:56 anything else she wanted to add.

19:09:57

19:10:00 >> Helmi: I would like to say

19:10:02 this particular problem is

19:10:06 actually a problem if we can

19:10:07 find a solution to. It is

19:10:08 calling a question. It is

19:10:11 Calling a very important

19:10:14 question. And what we realized

19:10:16 was that the housing that was

19:10:18 being built in north, northeast

19:10:22 was the developers are unable to

19:10:25 provide housing to people in the

19:10:27 preference list. We as a bureau

19:10:32 are asked to give exemptions.

19:10:34 Except developers and just try

19:10:39 to fill the building. As a

19:10:42 bureau, Leslie and Dyvisha and I

19:10:46 discussed it. No, we are not

19:10:50 trying to give exemptions, we

19:10:50 are trying to get people into

19:10:52 housing and we need to solve

19:10:56 that problem. Talk about are

19:11:02 people building buildings just

19:11:06 to be buildings. I said earlier

19:11:07 that low-income housing tax

19:11:10 credit financing is a formula.

19:11:12 It is a formula that relies

19:11:15 heavily on 60% of AMI. So,

19:11:18 they're all competing in this

19:11:22 world to try toll get funding.

19:11:26 And, in that competition,

19:11:29 they're not getting rights for

19:11:32 doing deeper affordability. My

19:11:33 thought and our thought at the

19:11:34 bureau is we are going to

19:11:36 continue to press on this issue

19:11:38 about deepening affordability.

19:11:42 Leslie is right. We have to find

19:11:43 the funding to address that. It

19:11:46 is not going to come without a

19:11:48 cause. If we stay on this topic

19:11:52 and we work to address this

19:11:54 particular crisis, without the

19:11:55 preference policy, we would not

19:11:58 be aware of this problem. So, I

19:12:00 have to say even though it is a

19:12:02 problem, it is a problem, it is

19:12:04 a good problem for us to try to

19:12:07 go after and so I really

19:12:10 appreciate the work of the

19:12:13 Preference Policy Team and

19:12:14 Frankly, I appreciate the

19:12:16 dialogue with the developer

19:12:17 community and the tough

19:12:19 conversations that Leslie been

19:12:20 having to have, finding

19:12:23 resources to try to solve this

19:12:26 problem. We are - we want to

19:12:30 stay in this fight and finding a

19:12:32 solution for the reasons you are

19:12:35 talking ability. We don't want

19:12:36 to build buildings just to

19:12:38 build. We are building for the

19:12:39 community of Portland and people

19:12:42 who have been displaced from

19:12:44 northeast Portland to try to

19:12:45 create and rebuild community

19:12:47 that was lost. So, I just want

19:12:50 to sort of reiterate that we are

19:12:52 here to commit to that

19:12:54 engagement and the team that you

19:12:56 are talking to are very much

19:12:58 oriented towards finding a

19:13:01 solution and actually, I think

19:13:02 it is a good fight for us to

19:13:05 actually be in and be aware of.

19:13:07 >> Dr. Holt: Thank you,

19:13:11 director, I appreciate it.

19:13:14 Piggyback John, it is good for

19:13:16 us to have a meeting to unpack

19:13:18 some things. We definitely need

19:13:19 to spend some time unpacking

19:13:19 some stuff.

19:13:21 >> John: I was going to second

19:13:25 that. We need to have a meeting

19:13:28 on this conversation. This is an

19:13:32 issue that's boiling my blood.

19:13:33 It is very concerning. It is

19:13:35 like John said, we are building

19:13:36 buildings just to build

19:13:38 buildings. These developers are

19:13:40 just building and they don't

19:13:42 care about the community.

19:13:43 They're destroying our

19:13:43 neighborhood.

19:13:46 I am seeing that in north

19:13:48 Portland and they are destroying

19:13:51 the neighborhood.

19:13:54 >> A.MONTAS: There are one area

19:13:56 that's a side street and they

19:13:59 are building eight-story high

19:14:00 apartment condos. How could that

19:14:02 be possible? How could the city

19:14:04 allow that? The pricing is not

19:14:08 going to be affordable for our

19:14:13 community to be living in. It is

19:14:15 very angry.

19:14:20 >> Dr. Holt: Appreciate

19:14:23 it.

19:14:27 Joy? Okay, deep breaths.

19:14:37 >> I wrote a lot of notes down

19:14:41 so hang in there with me. The

19:14:45 difference between 60% and three

19:14:48 bedroom - so, at 50% that's

19:14:52 $1,500. It makes it a lot more

19:14:52 affordable.

19:14:55 >> Jillian Felton: I know there

19:14:59 is not a pot of money to buy

19:15:03 down that rent in a

19:15:05 voucher-style way. This is a

19:15:08 situation that it is a money

19:15:09 problem. Throwing money at the

19:15:12 problem will solve the problem.

19:15:13 And identifying how we come up

19:15:18 with that pot of money is I

19:15:19 think the issue.

19:15:24 It has to be on the rent side.

19:15:27 We can't give a project, $2

19:15:31 million to buy down their loan

19:15:34 because not unlike any of our

19:15:36 mortgage, if you pay more

19:15:37 principles, your payments stay

19:15:38 the same.

19:15:39 The same is true on an apartment

19:15:44 building. Buying down the loan

19:15:45 balance without a refinance

19:15:49 won't help. Its got to be on the

19:15:51 revenue side. I want to suggest

19:15:52 as we have this new city

19:15:54 government coming in and we have

19:15:56 a new way of looking at things

19:15:59 that this is something that we

19:16:02 prioritize to make it work for

19:16:06 the people that was intended to

19:16:12 work for. It is about making

19:16:19 it

19:16:22 affordable.

19:16:24 Roughly using those numbers is

19:16:26 not a small amount of money if

19:16:28 you take all of the projects. Do

19:16:30 they all need to be at 60%? Is

19:16:33 there no one in the preference

19:16:35 policy that's 60%. I don't think

19:16:37 that's true. We can make some

19:16:39 sort of dent. I think that's a

19:16:42 policy issue and it is a funding

19:16:47 issue and it was an

19:16:52 error to, when

19:16:56 I say "we," we as a city and

19:16:58 metro area. When those bonds are

19:17:01 passed, we created a situation

19:17:05 where we incentivize having 30%

19:17:06 unit.

19:17:07 We could incentivize more

19:17:09 blented rate where we say we

19:17:12 want an average AMI of 45% and

19:17:16 projects would have came in with

19:17:20 40% and 60%. That was not how

19:17:22 the legal language was written.

19:17:24 The legal language required this

19:17:27 percentage of 30% units and

19:17:29 assumed everything else is at

19:17:32 60% would subsidize the 30%

19:17:34 rent. So, again, I am coming

19:17:37 back to not - I do not and I

19:17:37 don't think we can put this on

19:17:40 the shoulders of the developers

19:17:43 entirely because it was a policy

19:17:46 issue and we would not know if

19:17:48 it was not for the preference

19:17:50 policy and giving it a try that

19:17:51 this is the issue. Now, we have

19:17:55 to come in and figure out how to

19:17:57 reach these. As we talk about

19:17:59 the new TIFF districts, let's

19:18:02 take the lesson that we learn

19:18:04 and apply it. Let's not just say

19:18:06 we want this X percentage of 30%

19:18:08 units. Let's say we want to

19:18:11 target an AMI of 45. We want a

19:18:15 mix of units and every building

19:18:20 to have 30%, 40% and 50%

19:18:21 units. I want to keep a forward

19:18:23 look because what's done is

19:18:26 done. We can go back and try and

19:18:28 fix it but really let's, you

19:18:29 know, I prefer to learn from

19:18:32 other people's mistakes but I

19:18:36 insist that we learn from our

19:18:42 own. I know this committee won't

19:18:43 be and the committee is deciding

19:18:44 that.

19:18:45 Let's take the lessons learned.

19:18:49 That's the first thing I want to

19:18:58 say. The second thing I want to

19:19:00 mention of points for deeper

19:19:01 affordability of the state.

19:19:04 That's true with the 4% when it

19:19:08 was non-competitive. I know the

19:19:10 9% for years used that average

19:19:12 AMI target and would give you

19:19:13 your more points of the lower

19:19:16 your average AMI. So,if you look

19:19:20 at 9% buildings versus 4%

19:19:21 buildings, you will see a

19:19:23 different mix of AMI. Again, it

19:19:25 is just the developers going to

19:19:27 do whatever the funning is

19:19:31 telling them they have to do.

19:19:35 And so, we can solve this

19:19:39 problem in the future through

19:19:42 policies.

19:19:43 Those are suggestions and what I

19:19:45 am hearing. As affordable

19:19:47 housing and developer myself, it

19:19:48 is really important to me that

19:19:52 our projects are serving the

19:19:53 community that we intend for

19:19:55 them to serve. It is important

19:19:59 that we are not giving

19:20:03 giving lift service that are

19:20:06 actually doing the work. I am

19:20:08 not perfect when it comes to any

19:20:10 of that like I said, I prefer to

19:20:12 learn from other people's

19:20:15 mistakes. That's great. I do

19:20:17 insist that I learn from my own.

19:20:20 I think we have all been in this

19:20:21 learning process together.

19:20:23 There had not ever been a metro

19:20:24 or Portland bond before. This is

19:20:25 all new.

19:20:26 This committee is new. The

19:20:28 preference policy is new.

19:20:30 The preference policy is such a

19:20:33 success that it is listed in

19:20:35 HUD's handbook and their DEI

19:20:36 handbook as a suggestion for

19:20:38 other jurisdictions. It is a

19:20:42 success. Did we do it perfectly?

19:20:45 No. Can we fix it? Yes. I want

19:20:46 to point out it is a huge

19:20:48 success. It is a huge success

19:20:51 that so - like a huge percentage

19:20:53 of homeowners that we have

19:20:54 created with the preference

19:20:56 policy are black. That was the

19:20:59 intention. We were able to do

19:21:01 that without running a fair

19:21:03 housing law. It is a huge

19:21:05 accomplishment and so I just

19:21:07 want to highlight this successes

19:21:11 as well because I know there are

19:21:15 problems and we can't let it go.

19:21:19 We can't just say - okay, so my

19:21:24 questions,

19:21:28 -- yeah, yeah?

19:21:30 >> Director Helmi: I would like

19:21:31 to respond. The math question

19:21:33 you started at the beginning is

19:21:33 exactly right.

19:21:34 First of all, thank you for

19:21:35 that. The first thing we did

19:21:40 with the developers was we

19:21:44 said this is a math

19:21:47 problem and $300 per month

19:21:47 unit.

19:21:50 Tell us every single one of your

19:21:51 vacancies and we'll look for

19:21:55 funding to buy down that gap.

19:21:58 Leslie working with Leslie found

19:22:00 the funding to buy down the gap

19:22:02 and we offered that to

19:22:03 developers. We have said, we'll

19:22:06 fix this problem, we want you to

19:22:09 lease to the preference policy

19:22:09 list.

19:22:11 We'll provide the gap funding.

19:22:13 The answer is, we did exactly

19:22:14 what you asked us to do. I want

19:22:16 you to know that we are trying

19:22:19 to come up with real and

19:22:20 immediate solutions,

19:22:24 implementing is harder than it

19:22:26 looks and never that easy. There

19:22:27 are a lot of decisions have to

19:22:29 be made by tenants and others.

19:22:32 I want to say we understand this

19:22:36 is a fixable problem and we went

19:22:37 out immediately to find

19:22:38 resources to fix it.

19:22:42 The funding that we found was

19:22:43 CBGG, federal dollars, and right

19:22:49 now I am being pressured to use

19:22:50 CBGG for shelter care because

19:22:53 there are a lot of tensions

19:22:54 between important, you know,

19:22:56 life and death uses for these

19:22:58 funds. So, we are trying to hold

19:23:01 the line on the preference

19:23:02 policy.

19:23:03 Secondly, as someone who came

19:23:07 from the city that has a history

19:23:11 racial discrimination does not

19:23:13 have any kind of thing like a

19:23:16 preference policy, I am utterly

19:23:18 in awe of the incredible work of

19:23:21 the preference policy in

19:23:22 Portland. I come here and think

19:23:23 that this is the most important

19:23:25 pieces of work that I have seen

19:23:27 done in any city. I am deeply

19:23:29 committed in making it work. I

19:23:30 think it works incredibly well

19:23:34 on the homeownership sides. We

19:23:36 have six's to make on the rental

19:23:39 side. I think you are exactly

19:23:43 right. Hindsight 2020, we should

19:23:45 have had a different rule in

19:23:45 the bond.

19:23:47 We should have agreed that we'll

19:23:49 have fewer units because we

19:23:51 needed to deepen affordability

19:23:54 instead of doing all 60% units.

19:23:55 We have and we are learning a

19:23:58 lesson from this. So, I just

19:24:00 want to make sure that you know

19:24:02 we hear it, and I am so proud of

19:24:05 the work of the preference

19:24:06 policy team and I am so glad

19:24:08 that we are in this fight that

19:24:12 you are all paying attention to

19:24:12 this.

19:24:15 You are going to drive forward

19:24:18 in great policy I think in the

19:24:20 coming as we engage in the TIFF

19:24:21 district.

19:24:22 That was a discipline that I am

19:24:24 trying to make. We hear and you

19:24:27 we are trying to take this

19:24:29 lesson and learn it. I want you

19:24:30 to know that.

19:24:33 >> John: I want to give this

19:24:37 opportunity because Jillian also

19:24:38 said something else.

19:24:39 When they first started going to

19:24:41 the moon, they lost some pilots.

19:24:44 It was not the pilot's fault. I

19:24:45 want to support those early

19:24:47 people who came in on this

19:24:51 process and started this out,

19:24:53 they were pioneers in this. They

19:24:56 are not riots and they didn't

19:24:58 make mistakes necessarily. I

19:24:59 want to make sure that they get

19:25:03 the kudos they need that we

19:25:07 continue to - we define and stay

19:25:12 investted. Jillian, I appreciate

19:25:15 you pointing that out, thank

19:25:15 you.

19:25:16 >> Jillian: I did have a

19:25:18 question. This gets into the

19:25:20 operations stuff that you were

19:25:22 talking about. When did PHP get

19:25:24 notified that there is an

19:25:27 upcoming vacancy? Is the unit

19:25:32 already vacant?

19:25:41 >> Dyvisha: We get it when it is

19:25:43 vacant and Leslie had a meeting

19:25:47 if we could get the number of

19:25:50 days that's vacant with the

19:25:50 request.

19:25:52 That's like pulling teeth. I

19:25:54 can't give you the right answer.

19:25:55 Most of them and some providers

19:25:57 have provided me with the dates.

19:25:58 I don't want to make it seem

19:26:00 like everyone is not. It is

19:26:01 already slay cannot and to

19:26:03 answer your question. It has

19:26:07 been vacant for some time.

19:26:10 >> Jillian: That seems like

19:26:14 that's something to work on.

19:26:17 If it is a 60-day process and

19:26:20 they give 30-day notice and we

19:26:21 are not using that 30 days and

19:26:23 we are losing time.

19:26:27 That seems like a training issue

19:26:29 so to speak? One that you are

19:26:30 already on top of.

19:26:33 >> Dyvisha: We have to work on

19:26:35 the policies behind it and doing

19:26:36 a lot of Manuels.

19:26:38 >> Jillian: My last thing is on

19:26:39 the security deposit. You said

19:26:43 that folks, the struggles was

19:26:44 getting the security deposit

19:26:48 funds in time to move in? Is

19:26:52 there a way that PHP or United

19:26:54 Way can provide some sort of

19:26:55 commitment letter so that the

19:26:56 developer or the housing

19:26:58 association would know the money

19:27:00 is coming in the next, you know,

19:27:02 two weeks or 30 days or whatever

19:27:04 so that person does not have to

19:27:06 wait to move in?

19:27:13 >> Dyvisha: They have a pretty

19:27:14 good turn around time and I will

19:27:15 have it in the comprehensive

19:27:17 report and we'll ask that

19:27:19 question there. It is mostly by

19:27:21 the time the person is able to

19:27:22 commit, there are a short window

19:27:25 of time and before there was a

19:27:27 confusion on the language,

19:27:30 intent to lease even though it

19:27:33 was expressed in the lease. That

19:27:35 was the training disconnect

19:27:37 that's why we did a lot of

19:27:38 trainings. The language read as

19:27:40 we need a lease agreement. If

19:27:41 you need a lease agreement, a

19:27:43 person is moving in and getting

19:27:45 keys by the time say sign the

19:27:49 lease agreement. We did have

19:27:51 successful run of Cascadia doing

19:27:56 it. That was phenomenaL

19:27:59 and I will say that the vacant

19:28:01 was a few days. It was not a

19:28:05 huge amount of time of even a

19:28:08 bit ov notice is helpful. It was

19:28:11 not unit that they knew 30 days

19:28:16 in advance that was going become

19:28:21 vacant. They follow a process

19:28:23 and she understood it was the

19:28:24 intent to lease that we were

19:28:27 trying to push forward. This

19:28:29 person wants this unit and they

19:28:32 passed the first phase of the

19:28:32 screening portion and now you

19:28:34 are assessing the background

19:28:36 components. It depends on the

19:28:38 process for them. They did the

19:28:43 income screening which is

19:28:45 standard and they followed

19:28:46 through the background check. It

19:28:48 was in the first phase that they

19:28:49 knew and they sent the letter

19:28:52 right off to United Way. That's

19:28:53 a good solution for it.

19:28:57 >> Jillian: Thank you. The last

19:29:01 thing I want to close with is

19:29:05 vacancies and back owed rent and

19:29:08 affordable housing development

19:29:09 is a nationwide problem. It is

19:29:13 not a north, northeast problem.

19:29:16 It is affordable housing coming

19:29:18 out of the pandemic and it has

19:29:20 been a challenge and not just in

19:29:22 northeast Portland but across

19:29:27 the country. So, there are

19:29:30 national solutions. I want

19:29:31 everyone, affordable housing

19:29:32 developers so I track it a lot.

19:29:34 If you are not tracking it and

19:29:36 you are just hearing it about in

19:29:39 this meeting. I want you to know

19:29:41 that while the preference policy

19:29:43 is and working through the

19:29:44 administration of that, it is

19:29:47 certainly something that we want

19:29:49 to drive for of the high

19:29:51 vacancies and difficulties of

19:29:53 getting in and paying security

19:29:56 deposits right now and the back

19:29:59 owed rent is a nationwide

19:30:01 problem that we are all facing

19:30:04 as affordable housing

19:30:06 developers. So, I want to make

19:30:08 it really clear that certainly I

19:30:09 don't care and I don't think

19:30:10 anyone should think their

19:30:11 preference policy is solely

19:30:13 responsible for some of the

19:30:16 financial struggles of our

19:30:17 nonprofit partners.

19:30:18 >> Dr. Holt: Thank you very

19:30:20 much. We'll hear from the rest

19:30:23 of the team for sure. I want to

19:30:27 say this - as we have

19:30:31 put agendas together and time

19:30:34 lime associated with them.

19:30:35 Historically, there are times I

19:30:36 would drive our agenda around

19:30:41 our timeline. Some of the topics

19:30:43 necessitate that we engage and

19:30:45 process, so, if you are watching

19:30:48 or tracking and you are going my

19:30:50 God - way past your time.

19:30:52 Yes, we are passed our time.

19:30:54 From my perspective, this is the

19:30:55 necessity of the work that we

19:31:02 are involved in. It is a value

19:31:05 that's worth taking the time to

19:31:08 process and engage in. With that

19:31:12 being said, comments and

19:31:17 thoughts?

19:31:20 >> I appreciate the discussion

19:31:24 here tonight.

19:31:28 >> Ms. Ruiz: I appreciate the

19:31:30 discussion. We have not sunk the

19:31:31 ship yet. People are in

19:31:33 apartments and staying there for

19:31:35 the most part. The things that

19:31:39 are happening to people's income

19:31:43 going down, expense never went

19:31:43 down. There has to be another

19:31:47 way and I am glad we are looking

19:31:52 at other options, doing research

19:31:53 and I really like the work I am

19:31:57 hearing from the Housing Bureau,

19:32:00 from our developers here and the

19:32:04 rest of the committee just

19:32:05 keeping on.

19:32:07 People need affordable housing.

19:32:10 That's what we are here for.

19:32:15 >> Dr. Holt: Thank you.

19:32:16

19:32:16 Ramon?

19:32:24 >> Ramon John: Is there

19:32:27 anything part of the point

19:32:30 system of READINESS schlt I know

19:32:32 people can stay on the list if

19:32:34 they get a call that they do not

19:32:36 want to move into the unit or

19:32:38 complex. Is there an option for

19:32:43 a move-in readiness, these

19:32:45 people are ready to move in so

19:32:46 vacancies are going on for days

19:32:49 or weeks or months?

19:32:51 >> Dyvisha: There is not a move

19:32:54 in readiness. The cloesest thing

19:32:58 is what we are trying to do

19:33:03 which is the

19:33:05 disengagng interests.

19:33:07 This is being one of the first

19:33:11 programs of this time and I came

19:33:17 in 2016, and I remember being

19:33:18 warned almost that New York is

19:33:23 being sued and stuff. Their

19:33:25 preference policy was not hot. A

19:33:28 lot of hesitancies around

19:33:29 collecting certain data was the

19:33:31 reason why we were not

19:33:33 collecting AMI preferences and

19:33:35 what determines their rediness

19:33:38 and part of their readiness to

19:33:41 move in or certain bedroom

19:33:41 counts.

19:33:45 There were shaky amendments but

19:33:50 responsiveness were very low.

19:33:52 So, there is just maybe through

19:33:53 the first touch but there are

19:33:58 not any further assessment. I

19:34:00 will defer to Leslie to see if

19:34:02 that's something the committee

19:34:05 may be Conferring.

19:34:08 >> Leslie Goodlow:that's

19:34:11 something we can look at as this

19:34:16 review process. We don't do a

19:34:17 lot of assessment because then

19:34:18 they'll have to go through the

19:34:20 same thing with a lot of same

19:34:22 questions with development

19:34:22 partners.

19:34:24 When they are going through the

19:34:25 screening process and all of

19:34:27 these things and we didn't want

19:34:28 people to have to answer the

19:34:29 same questions multiple times

19:34:31 because even if we get their

19:34:34 information and we say - oh,

19:34:36 this person is at 56% or they're

19:34:41 at 60% AMI and this and this.

19:34:41

19:34:43 Depending on the funding stack

19:34:44 for that particular building,

19:34:47 they may have additional

19:34:48 criteria, additional information

19:34:50 that they're going to require

19:34:52 and now, we traumatize somebody

19:34:56 by saying oh, they're 60% but

19:34:59 when the building calculates it,

19:35:02 it comes out to be 60% over

19:35:05 their income.

19:35:08 We have to really balance our

19:35:09 request for information with

19:35:12 what the buildings have to ask

19:35:13 as well. That's something that

19:35:16 we can consider as we are

19:35:17 reviewing the preference

19:35:18 policies.

19:35:22 What we have the capacity to

19:35:25 do, we have a partnership with

19:35:27 Planning and Sustainability.

19:35:34 They create the map and

19:35:36 application on our website for

19:35:38 us. So, if there is required

19:35:40 like reprogramming, we pay them

19:35:47 to do that for

19:35:53 us. We are having to collect

19:35:55 information as we get responses

19:35:57 from people. Hey, I want two

19:35:58 bedrooms and I have three kids

19:35:59 and whatever else those pieces

19:36:01 of information so we can better

19:36:04 match those folks on the list to

19:36:08 the units that are available.

19:36:09

19:36:11 >> Dr. Holt: Thank you very

19:36:12 much.

19:36:14 >> Dyvisha: That's one element

19:36:16 of preassessment that they do.

19:36:18 They do about ten times as many

19:36:20 people that we have. So, there

19:36:21 is that possibility and

19:36:23 preference policies. I want to

19:36:27 throw it out there.

19:36:31 >> Leslie Goodlow: Yes, ten more

19:36:33 staff than we have.

19:36:36 >> Dr. Holt: Kevin?

19:36:41 >> Kevin: No questions from me.

19:36:43 >> Dr. Holt: Any questions from

19:36:45 our team remote?

19:36:50 >> SEALEE: No, I don't have any

19:36:51 questions. When there is a

19:36:52 private conversations to be had,

19:36:55 I would love to be apart of

19:36:55 that.

19:37:00 >> Ta'Nesha: I agree

19:37:02 with with S., thank you very

19:37:03 much, I don't have any questions

19:37:06 at this time.

19:37:10 >> Dr. Holt:

19:37:14 Thank you, Dyvisha. I

19:37:19 realize we are at 7:37, I

19:37:20 understand that.

19:37:22 Thank you for hanging out.

19:37:24 Come on up. Much to talk about,

19:37:26 great updates and I am sure and

19:37:28 we got a few questions that

19:37:30 we'll engage.

19:37:31 Thank you and everyone who can

19:37:33 hang out and stay, we welcome

19:37:37 you to do so. We'll forgo our

19:37:39 Communications Newsletters and

19:37:41 we'll have space for public

19:37:45 comment before I wrap up.

19:37:48 >> Nobody signed up.

19:37:52 >> Dr. Holt: We'll have no

19:37:55 public comments tonight.

19:37:57 Introduce yourself.

19:38:00 >> Ian O.: Hi, everybody, thank

19:38:02 you for having me become. I am

19:38:07 working on the

19:38:12 CAREY boulevard

19:38:18 project. You can hope right up

19:38:20 to the next slide. So, just want

19:38:21 to do a little background of

19:38:24 where we come from and where we

19:38:28 are going.

19:38:34 2023 is when habitat received

19:38:39 the green lights. We spent 2024

19:38:40 engaging with the northeast

19:38:42 community through a survey and

19:38:45 then events. So, I think about

19:38:46 180 people responded to the

19:38:48 survey. We had 50 people right

19:38:52 here in this room for an event

19:38:54 this past summer asked for some

19:38:57 input of the design. We spent

19:38:59 the fall finalizing our design

19:39:01 documents with our architect and

19:39:03 civil engineers. We are

19:39:07 preparing in two weeks to

19:39:10 submit for permits. The first

19:39:13 one is a phase utility permits.

19:39:14 As you will see on a slide, it

19:39:17 is quite a large site of three

19:39:19 acres. We'll spend almost a year

19:39:22 working on excavation and all

19:39:24 that stuff. We are supposed to

19:39:28 get the land from PHB in July.

19:39:31 It is occupied as a safe rest

19:39:33 village. We'll be coordinating

19:39:37 with the village team this

19:39:39 spring to work on transitioning

19:39:41 the site. I understand that

19:39:44 they're working with all of the

19:39:45 folks who are living there

19:39:47 currently on individualized

19:39:49 plans to find some where for

19:39:52 them to move to. Then, in

19:39:53 August, we hope to have permits

19:39:56 in hand and be ready to start

19:40:04 excavation. Next slide?

19:40:06 so, this is just an overview of

19:40:09 the site plan. Actually, why

19:40:12 don't we go to the next slide. I

19:40:16 like the next one better. It

19:40:19 gives you a bird's eye view. It

19:40:23 is 50 homes. We have 22

19:40:26 bedrooms, 19 bedrooms and so

19:40:30 some family size homes in here

19:40:34 with a range of 35% to 80%

19:40:37 AMI. And one of the things that

19:40:39 we asked about in the Community

19:40:42 Engagement was what to do if

19:40:44 some of these green spaces

19:40:45 on-site and what kind of

19:40:48 amenities people want to see? We

19:40:51 heard overwhelmingly an interest

19:40:54 in garden space and a play area

19:40:56 as well as picnic area.

19:41:00 So, those pop outs there on the

19:41:03 slide are showing our landscape

19:41:04 architect was able to put

19:41:07 together a little gardening area

19:41:09 with some trees and that central

19:41:13 area we are expecting to have an

19:41:15 accessible little play area.

19:41:18 Then, over on the left there is

19:41:22 where a giant heritage tree, of

19:41:23 a really tall redwood. That

19:41:25 area, we can't really impact it

19:41:28 all. It is perfect actually for

19:41:33 just like path and picnic area.

19:41:34

19:41:36 Yeah, why don't we go to the

19:41:39 next slide? This is just

19:41:42 close-up kind of con conceptual

19:41:43 views of some of the amenities

19:41:45 we are designing. The green

19:41:47 space and play area on the right

19:41:51 and raised garden beds and trees

19:41:53 on your left. I think the last

19:41:55 slide I have just more next

19:41:57 steps. Like I said, we are

19:42:01 applying for the utility permit

19:42:03 this month. We estimate around

19:42:05 six months for city review.

19:42:09 It is not quite involved of the

19:42:13 process as the full building

19:42:15 permit and inside development

19:42:17 review. We are budgeting some

19:42:21 times for a few round revisions.

19:42:22 We are expecting around a year

19:42:24 for site development. As you saw

19:42:25 on the plan, there is as whole

19:42:29 new public road that we are

19:42:30 constructing north.

19:42:32 Ready to start vertical

19:42:36 constructions and Summer of 2026

19:42:38 and selling homes 2028 to 2029.

19:42:42 I know that it has been kind of

19:42:44 - it has been two years since

19:42:46 we started but that was part of

19:42:50 the plan the whole time. Safe

19:42:52 Rest Village has been a big

19:42:54 success and cool to be apart of

19:42:56 what's kind of a new model of

19:42:57 let's use this land that we have

19:43:00 to house people temporarily

19:43:03 while we design, you know,

19:43:09 permanent communities so, we

19:43:13 welcome

19:43:18 questions.

19:43:21 >> Dr. Holt: To the gallery

19:43:24 view. I will begin with our

19:43:29 remote team. Ta'Nesha:

19:43:31 Do you have any questions?

19:43:35 >> Ta'Nesha: I don't have any

19:43:35 questions.

19:43:41 >> SAELEE: No

19:43:41 questions.

19:43:44 >> So, I am relatively new to

19:43:46 this committee, this is a long

19:43:48 process. Is there any part of

19:43:50 this process that you feel like

19:43:52 or we feel like as a group is

19:43:53 taking way too long through

19:43:55 this?

19:43:58 Is this expected through the

19:44:01 processes that we have today?

19:44:04 >> Ian: I think it is been just

19:44:06 about amount of time to do a

19:44:08 really engaged design process.

19:44:10 We can get through design a lot

19:44:11 faster. I think it was great

19:44:13 that we have the time because of

19:44:18 the safe rest Village

19:44:20 to slow down and do the

19:44:23 community engagement process and

19:44:24 have the event. There has been a

19:44:26 few surprises along the way as

19:44:28 far as learning of what public

19:44:30 improvements we had to do. There

19:44:32 was a pretty involved process

19:44:34 with the urban forest street

19:44:35 department and learning about

19:44:38 how to work and around the trees

19:44:42 on the site. So, I think that we

19:44:47 really benefited honestly, from

19:44:51 having the safe rest village

19:44:54 there and having a plan of 2025.

19:44:59 It gives us cushions of some

19:45:01 surprises happening any time of

19:45:03 big projects.

19:45:06 >> Dr. Holt: Ms. Goodlow, I

19:45:08 don't know if you want to speak

19:45:11 to this at all about how process

19:45:13 is unfold. I will come in with

19:45:17 comments as well regarding that.

19:45:22 >> Ms. Goodlow: I will jump

19:45:26 in for Kevin and Ramon

19:45:27 benefits. We purchased this

19:45:34 property from the water Bureau

19:45:35 in 2016. We have been trying to

19:45:37 figure out what was going to be

19:45:40 the best timing given everything

19:45:44 else that was going on. We

19:45:46 prioritized the bond projects

19:45:49 as we had the metro bond and the

19:45:52 Portland bond so there was no

19:45:59 rush for this, for us to get

19:45:59 started.

19:46:01 We had the land for a while.

19:46:05 We did the RFP and habitat was

19:46:09 the successful project.

19:46:13 So, you know, projects depending

19:46:16 on the scope and the size, you

19:46:20 know, generally takes as Jillian

19:46:22 said, they can take up to five

19:46:26 years from design, concept to

19:46:30 funding and to shovels in the

19:46:34 ground and leasing. We knew

19:46:35 this was going to take a while

19:46:37 which was one of the reasons we

19:46:40 started with the folks. We did a

19:46:42 run with the homeowner ship

19:46:44 preference policies because we

19:46:45 want people to be ready when the

19:46:48 units are ready. Given we saw

19:46:49 the last couple of rounds that

19:46:51 people were taken upward three

19:46:55 or four years to get mortgage

19:46:57 ready that we didn't want folks

19:47:02 to miss out on this project or

19:47:03 this opportunity because they

19:47:04 didn't have enough time to get

19:47:06 where they needed to go. So,

19:47:08 this has been a great

19:47:10 partnership with Habitat on this

19:47:14 project. It definitely is as I

19:47:16 have mentioned before a project

19:47:20 from the heart. This is creating

19:47:23 a neighborhood for people who

19:47:25 never thought of being

19:47:26 homeowners.

19:47:28 Families that have never had a

19:47:30 homeowner or the last homeowner

19:47:34 was four generations ago. So,

19:47:39 this is critically important

19:47:42 for us to ensure that we are

19:47:46 meeting the spirit and the

19:47:49 guidance that the community gave

19:47:53 to us in 204 when we started

19:47:55 this process is creating new

19:47:57 homeowners was a priority. This

19:48:00 is one of the major projects

19:48:02 that we'll increase that

19:48:02 commitment or meet that

19:48:05 commitment.

19:48:06 >> Dr. Holt: Thank you very

19:48:09 much. A little supplemental

19:48:10 information alongside that.

19:48:14 One of the things we discovered

19:48:16 and Leslie highlighted it is how

19:48:18 long it takes for people to get

19:48:20 into the space where they can

19:48:24 purchase. It was pofrptpofrpt

19:48:28 -- important for us to do

19:48:31 collaborative efforts as much as

19:48:33 possible for some seamlessness

19:48:35 so as opportunities are

19:48:36 happening, people can benefit

19:48:37 from those opportunities are

19:48:40 ready to take advantage of them.

19:48:46 Our lived experience in the City

19:48:50 of Portland,

19:48:53 establishing and helping those

19:48:58 most impacted. We want to not be

19:49:00 responsible for putting quite a

19:49:02 bit of work creating an

19:49:03 environment that does not

19:49:04 benefit the very people we are

19:49:07 fighting to help benefit from

19:49:08 that environment. So, part of

19:49:11 our process, part of our hope

19:49:13 and strategy is to think through

19:49:15 how that happens.

19:49:16 Well, it is good and what's

19:49:17 different about and I am hoping

19:49:19 it is going to be good. It is

19:49:20 going to be interesting for a

19:49:23 while until it gets smooth out.

19:49:26 When this started, when we began

19:49:28 what we were doing, the

19:49:30 experience of the city and this

19:49:32 collaborative work that now is

19:49:33 happening was not happening.

19:49:37 City was Siloed and left-handed

19:49:40 and didn't work with the

19:49:41 right-hand. It required

19:49:43 different levels of engagement

19:49:45 and strategy and etcetera that

19:49:48 is we put ourselves into in

19:49:49 various space and times to

19:49:50 advocate for those who didn't

19:49:52 have a chance to advocate for

19:49:53 themselves. So, some of this

19:49:57 timing is associated with that.

19:49:59 Hopefully, going forward, there

19:50:02 will be more of a collaborative

19:50:04 and strategic, intentional

19:50:05 thoughtfulness to ensure that

19:50:06 the people who have been again

19:50:10 most impacted get the benefit

19:50:12 from the work we are doing.

19:50:15 >> Kevin: Thank you, I am seems

19:50:18 like an awesome project. Thank

19:50:19 you.

19:50:23 >> Dr. Holt:

19:50:23 Ramon?

19:50:26 >> Ramon: No question.

19:50:31 >> Ms. Ruiz: I want to look

19:50:36 at it from the stand point

19:50:39 habitat For Humanity, have you

19:50:41 run into problems or your

19:50:42 clients that you work with can't

19:50:45 pay their rent, what do you do?

19:50:49 >> Ian: Thanks for that we, we

19:50:54 get that a lot. I didn't get to

19:50:57 introduce habitat and what we

19:51:01 do. We are 100% homeownership

19:51:02 organization.

19:51:03 People purchasing their home

19:51:06 from us with a mortgage set of

19:51:07 30% of their income. The

19:51:09 majority of the homes will be

19:51:13 affordable to folks making 35%

19:51:17 to 60% of AMI and so some

19:51:22 between 60% and 80% as

19:51:25 well. We have few people default

19:51:26 on those mortgages.

19:51:30 It is like 98% or 99%. It is

19:51:33 extremely high. It is very rare

19:51:38 yeah for that to happen.

19:51:42 >> Dr. Holt: The mortgages are

19:51:46 tailored to the individual and

19:51:48 their income?

19:51:51 >> Ian: Yes, correct. The idea

19:51:54 is their monthly payment is

19:51:57 affordable at that 30% level.

19:51:59 So, we have kind of a range of,

19:52:01 you know, homes that were

19:52:02 expecting going to sell to

19:52:04 somebody between 25% or 60%

19:52:06 range but if you come in making,

19:52:10 you know, 60K, we are going to

19:52:14 set it at 30% of what you can

19:52:16 pay. It is not like rental where

19:52:19 the same rent is set for every

19:52:20 single home.

19:52:22 >> Dr. Holt: Thank you, John, I

19:52:24 have not forgotten you. I will

19:52:25 come back.

19:52:28 Jillian?

19:52:30 >> Jillian: I don't have any

19:52:32 questions at time.

19:52:36 >> Dr. Holt: Awesome.

19:52:38

19:52:46 >> Mr. MONTAS: I really like

19:52:49 this project. Is there a

19:52:51 swimming pool in the area?

19:52:55 >> Ian: That's the neighbor's

19:52:59 swimming pool.

19:53:00

19:53:04 >> Mr. MONTAS: So the community

19:53:06 can meet other than the park and

19:53:08 the play area.

19:53:10 >> Ian: The place highlighted

19:53:12 will be a place you can gather

19:53:14 ir. The place around redwood

19:53:16 tree is pretty large. There is a

19:53:17 community gather and that could

19:53:21 happen there. The place with the

19:53:24 play area is a little narrower

19:53:26 and between the buildings. There

19:53:30 are a couple of good spots

19:53:31 facilitate connections.

19:53:34 >> Mr. MONTAS: By the time it is

19:53:36 done, hopefully, you will have

19:53:40 some people recruited and

19:53:41 hopefully to have people afford

19:53:42 to buy those houses within our

19:53:47 community, right? That's all.

19:53:54 >> Dr. Holt: John, you were on

19:53:58 the

19:54:00 screen?

19:54:04 >> John Washington: Yes, I am

19:54:08 on the

19:54:12 screen. It was interesting of

19:54:15 the habitat.

19:54:16 Congratulations. Something has

19:54:20 just been interesting and just

19:54:21 recently over the new year,

19:54:23 there was a troubling article

19:54:24 that came out about you guys.

19:54:26 Can you talk to me about what

19:54:28 that article is awesome about?

19:54:32 >> Ian: Sure, I will be happy to

19:54:34 respond to that.

19:54:35 There was an article and news

19:54:39 report from Coin suggesting that

19:54:41 there was a homeowner in one of

19:54:43 our communities who was

19:54:44 concerned they thought that it

19:54:48 was not built to fire code. It

19:54:51 was disappointing to see that

19:54:53 report come out that way because

19:54:57 it is not true. Every community

19:54:58 that we built is permitted

19:55:03 through the City of

19:55:05 Portland, reviewed for

19:55:07 compliance with code, inspected

19:55:10 for compliance with code, and we

19:55:15 have 100% certainty that project

19:55:19 is fine. So, yeah, it is

19:55:20 unfortunate, I guess, there was

19:55:24 that misunderstanding and that

19:55:25 misinformation that came out in

19:55:30 that new story but you can have

19:55:31 100% confidence that this

19:55:33 project will be permitted by the

19:55:37 city Of important

19:55:41 - Portland and it will meet all

19:55:43 fire code rules.

19:55:45 >> John Washington: I appreciate

19:55:47 that. That's all I had, folks.

19:55:49 >> Dr. Holt: Thank you very

19:55:51 much. I was going to address not

19:55:53 just that but questions in

19:55:56 regards to -- thanks John for

19:55:56 raising it. Questions in regards

19:55:59 to the streets that are being

19:56:00 created. Do you know the width

19:56:04 of the street and it looks like

19:56:09 we have a

19:56:15 cullasack

19:56:19 k, talk to me about the strategy

19:56:20 in that regard.

19:56:22 >> Ian: We have a great page in

19:56:23 the plan which I don't have in

19:56:24 this presentation.

19:56:26 One of the pages we'll be

19:56:27 submitting to the city as part

19:56:30 of the utility permit actually

19:56:33 shows the pathway of a fire

19:56:35 truck with areal fire apparatus

19:56:37 how it can turn into and out of

19:56:38 each of those parking areas

19:56:42 because on this project, due to

19:56:43 the configuration and the

19:56:46 zoning, that is a requirement

19:56:49 that each of those parking areas

19:56:53 has access for one of the long

19:56:55 trucks with the, ladders on

19:57:00 top. Yes, it has been designed

19:57:02 according to the pea bod

19:57:03 specifications and there is room

19:57:05 for a full fire truck to get in

19:57:09 each of those parking areas.

19:57:13 And the

19:57:21 CULASACK was required with

19:57:23 adequate - getting of my depth

19:57:27 and into the civil engineering

19:57:32 land, north MINERVA street is

19:57:34 wide enough for two-way traffic

19:57:35 and paralleling on both sides as

19:57:36 well.

19:57:40 >> Dr. Holt: That was what I was

19:57:41 going to ask and there were

19:57:43 going to be some street parking

19:57:45 or necessitate treat parking. I

19:57:46 appreciate it.

19:57:48 Just to further question, I may

19:57:52 it beyond your specific space,

19:57:56 but around the or still in line

19:57:58 with emergency

19:58:01 respondrespondentsrespondents,

19:58:02 are there going to be certain

19:58:07 spaces that do not parked

19:58:09 or identified. Is that

19:58:11 something you don't know yet?

19:58:14 >> Ian: That's a good question.

19:58:16 In the parking area, we do have

19:58:20 few spots that are marked as ADA

19:58:23 accessible spot and the striped

19:58:27 out area next to them and any of

19:58:31 the curbs there where there is

19:58:35 no parking shown will have

19:58:45 signagesignage. That level of

19:58:47 details will get dialled in on

19:58:48 the next round of permitting.

19:58:51 Getting a little into the weeds

19:58:54 but what we have now with the

19:58:56 utility permit covering the

19:58:57 grading and underground

19:58:59 utilities and the flat work and

19:59:02 the paving and concrete and

19:59:03 sidewalks and landscaping.

19:59:05 That'll get handled in a later

19:59:08 permit called a Site Development

19:59:10 Permit. At that point, the city

19:59:11 will tell us here is exactly

19:59:14 what you need to do. There is a

19:59:15 whole host of things, it could

19:59:18 be you need to put signs up or

19:59:22 paint the curbs - we are not

19:59:24 sure yet. We'll have to see what

19:59:25 the city dictates.

19:59:28 >> Dr. Holt: These buildings

19:59:31 don't require sprinkler systems,

19:59:31 do they?

19:59:33 >> Ian: There is one building

19:59:35 that's going to have sprinklers.

19:59:39 If you have your print-out

19:59:41 here, the tree in the far left

19:59:43 and the building in the far left

19:59:47 corner, building one, it is far

19:59:51 enough away from the drivable

19:59:53 surface from a fire truck can be

19:59:55 that it does have to have

19:59:55 sprinklers.

19:59:59 >> Dr. Holt: What about the big

19:59:59 tree?

20:00:00 >> Ian: Just that.

20:00:02 >> Dr. Holt: Okay. Further

20:00:14 questions or comments?

20:00:17 >> SEALEE: He answered it for

20:00:19 me. Thank you for that.

20:00:22 >> Dr. Holt: Ta'Nesha?

20:00:24 >> Ta'Nesha: No questions.

20:00:27 >> Dr. Holt: No questions.

20:00:32 Ms. Goodlow, any comment?

20:00:35 >> Ms. Goodlow: I want to put

20:00:38 out there if there are oversight

20:00:39 committee members would like to

20:00:41 go out and tour the site, Dr.

20:00:42 Holt and I were able to do that

20:00:45 back in the summer or last

20:00:46 spring, I don't know. It was

20:00:49 times sometimes last year.

20:00:51 It will be good for people to

20:00:52 get a feel of what the site

20:00:54 looks like as much as you can

20:00:57 because the Safe Rest Village is

20:00:57 still there.

20:01:00 You can see that area where that

20:01:01 heritage tree is would be a

20:01:03 great place for a community

20:01:05 picnic or something for the

20:01:08 people that live there if they

20:01:08 wanted to have some kind of

20:01:13 event or something. That's

20:01:13 a large space that would be

20:01:16 available to the folks that live

20:01:18 there. People can just let me

20:01:22 know and we can work the habitat

20:01:28 to schedule a site tour.

20:01:29

20:01:31 >> Dr. Holt: Two things as we

20:01:32 are wrapping up. Thank you for

20:01:34 the involvement and great

20:01:34 presentation.

20:01:37 >> Ian: Thank you.

20:01:38 >> Dr. Holt: Amazing that we

20:01:41 were able to get through all.

20:01:44 Several of you know that former

20:01:48 President Jimmy Carter was very

20:01:56 involved in habitat humanity for

20:02:01 decades. One of the greatest

20:02:03 programs that have created

20:02:05 homeownership opportunities for

20:02:08 black and brown people in the

20:02:09 nation, habitat has done

20:02:12 incredible work. So, glad to see

20:02:16 this opportunity coming online

20:02:18 and the possibility that will

20:02:19 help create community. I am

20:02:22 looking forward to others and

20:02:25 ownerships is a passion of my

20:02:28 heart. It does so much for

20:02:31 values, sustainability, family

20:02:32 consistency, health and

20:02:36 wellness, we can go on and on.

20:02:37 Economic opportunity and etc.

20:02:42 Related to the communications

20:02:44 Newsletters, Ms. Quin will

20:02:46 e-mail the oversight committee

20:02:48 and let us know in regards to

20:02:51 the January newsletter that's

20:02:53 coming out and the director will

20:02:57 be writing the welcome letter.

20:02:58 We'll try to highlight some of

20:02:59 the great things that are going

20:03:01 on that we have been involved

20:03:03 in. I have said for a long time

20:03:04 that I think we have been too

20:03:07 quiet. I think that what this

20:03:10 committee has accomplished and

20:03:14 done has not received the amount

20:03:16 of notification and awareness

20:03:20 that it should. To that extent

20:03:22 then, we in our next gathering,

20:03:25 we'll be celebrating ten years.

20:03:27 So, the March meeting will not

20:03:30 be a meeting. It will be our

20:03:32 ten-year anniversary and

20:03:33 celebration. Pretty phenomenaL

20:03:35 to think of going from what was

20:03:37 $20 million in the initial

20:03:41 investment to over

20:03:44 $100 million and the priorities

20:03:45 of what we have had and what we

20:03:46 have been able to do to help

20:03:50 people stay in their homes and

20:03:51 establishing sustainability

20:03:53 process to help people stay in

20:03:54 place and the land banking that

20:03:57 we were involved in. The

20:03:59 affordable rental units that

20:04:00 have been built. The homes that

20:04:02 have been established and the

20:04:04 amount of people who are now

20:04:05 homeowners. I think it is a

20:04:07 story that should be told. I

20:04:08 think it is something we should

20:04:12 yell about. So, absolutely

20:04:13 celebrate. More information will

20:04:14 be coming.

20:04:16 And we'll get a chance to

20:04:17 advertise and let other people

20:04:21 know and invite them into the

20:04:25 space to streamers with banners

20:04:28 and balloons popping and

20:04:32 fireworks going off - well, why

20:04:35 not? You are shaking your head,

20:04:37 no?

20:04:37 [Laughter]

20:04:41 >> Dr. Holt: You are not the

20:04:44 boss of me. Is there anything

20:04:46 else you would add anyone about

20:04:49 the ten-year?

20:04:53 >> Ms. Goodlow: We have

20:04:57 tentatively set for the March

20:04:59 date. March 13 is the date we

20:05:00 are looking at which is

20:05:04 ironically the last day the city

20:05:08 was open wlen when we

20:05:10 were ready to celebrate the

20:05:12 five-year because of COVID. So,

20:05:15 it is kind of ironic that that's

20:05:17 the date that we are looking at.

20:05:21 We'll be reaching out to all of

20:05:23 our current and past oversight

20:05:24 committee members.

20:05:27 We want to celebrate everyone

20:05:29 that has participated, our

20:05:31 community partners that have

20:05:33 built buildings and have done

20:05:35 home repairs or worked with us

20:05:39 over the last ten

20:05:45 years, hopefully -- our past

20:05:47 directors that were supportive

20:05:50 of this and Tracey Manning who

20:05:53 were the director at the time

20:05:55 that helped us over the finish

20:05:56 line. Be looking for

20:05:57 information. I know a couple of

20:06:00 folks said they were interested

20:06:05 in working on the planning. If

20:06:08 you have not send an e-mail to

20:06:11 gwen and let her know. I want to

20:06:13 send a thank you to those of you

20:06:15 who are available to help with

20:06:16 interviews to fill that

20:06:17 preference policy position.

20:06:20 Last but not least, our annual

20:06:23 report to council, we'll need to

20:06:25 get that done sometimes in the

20:06:27 spring. I will have all of the

20:06:29 data by the end of February and

20:06:33 so I will be reaching out to

20:06:35 folks to help craft the

20:06:37 narrative that goes along with

20:06:39 the data. So, if you are at all

20:06:42 interested in that -- I will

20:06:44 send out the data and if you

20:06:46 have comments or if there is

20:06:47 anything in particular that you

20:06:50 think we should highlight from

20:06:52 2024, please let me know. Other

20:06:54 than that, happy new year,

20:06:55 everybody!

20:06:55 Be safe.

20:06:57 >> Dr. Holt: Thank you very

20:07:00 much. I think I started by

20:07:01 saying, well, one of the things

20:07:03 I started with was about

20:07:05 creating the atmosphere for the

20:07:08 environment that's equitable. We

20:07:11 are thoughtful around food.

20:07:14 Well, we'll have a spread at the

20:07:14 ten-year anniversary so you can

20:07:16 tell your friends and family and

20:07:18 bring your neighbors along. It

20:07:20 is going to be some great food

20:07:24 and some delicious desserts.

20:07:26 So, big celebration, something

20:07:27 to make noise about. I

20:07:29 appreciate your investment to

20:07:31 all of those who are apart of

20:07:32 the committee.

20:07:35 Happy new year and thank you for

20:07:36 continuing to work and roll your

20:07:37 sleeves up to make a difference.

20:07:42 We are doing that. To all the

20:07:45 partners, the Portland Housing