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