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>> ALL RIGHT. GOOD AFTERNOON AT 

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THE JUNE 10th, 2026 MEETING, OF 

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THE HOUSING, ARTS, & CIVIL 

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RIGHTS COUNCIL . IT IS 2:05 P.M.

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I AM DIONNE FOSTER, CHAIR OF THE

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HOUSING, ARTS, AND CIVIL RIGHTS 

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COMMITTEE. 

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>> [ ROLL BEING CALLED ] 

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>> CHAIR, THERE ARE THREE 

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MEMBERS PRESENT. 

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>> THANK YOU. AND NOTE THAT 

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COUNCIL MEMBER JUAREZ HAS BEEN 

13
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EXCUSED FROM THIS MEETING. 

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CLERK, I'M GOING TO ASK YOU 

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CALL THE ROLL ONE MORE TIME IN A

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SECOND BECAUSE I BELIEVE WE HAVE

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GOT COUNCIL MEMBER LIN JOINING 

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US. 

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>> COUNSEL PRESENT 

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HOLLINGSWORTH? ALL RIGHT. 

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COUNCIL MEMBER RINCK? 

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>> PRESENT. 

23
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>> VICE CHAIR EDDIE LIN? 

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>> PRESENT. 

25
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>> CHAIR FOSTER? 

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>> PRESENT. 

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>> THERE ARE FOUR PRESENT. 

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>> AND KNOW THAT COUNCIL MEMBER 

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JUAREZ HAS BEEN EXCUSED. HEARING

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NO OBJECTION, THE AGENDA HAS 

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BEEN ADOPTED. WE WILL NOW OPEN 

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THE HYBRID PUBLIC COMMENT 

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PERIOD. PUBLIC COMMENTS OR ITEMS

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RELATED TO THE AGENDA OR IN THE 

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PURVIEW OF THIS COMMITTEE. HOW 

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MANY ARE SIGNED UP TODAY? 

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>> THREE IN-PERSON SPEAKERS AND 

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NONE REMOTE. 

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>> FANTASTIC. WITH FEWER THAN 

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30, THERE WILL BE TWO MINUTES 

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PER SPEAKER. AS WE HAVE FOLKS 

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COME UP TO THE MIKE, JUST MAKE 

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SURE YOU ADJUST THE MIC SO WE 

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CAN HEAR YOU WELL. EACH SPEAKER 

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WILL HAVE TWO MINUTES. CLERK, 

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CAN YOU PLEASE READ THE PUBLIC 

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COMMENT INSTRUCTIONS? 

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>> PUBLIC COMMENT IS UP TO 60 

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MINUTES. BEGIN WITH IN PERSON 

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SPEAKERS AND MOVE TO ONLINE 

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SPEAKERS. SPEAKERS WILL HEAR A 

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CHIME WHEN 10 SECONDS ARE LEFT. 

53
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DO ALLOW US TO ALLOW ON THE 

54
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NEXT. THE PUBLIC COMMENT IS NOW 

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OPEN. WE WILL BEGIN WITH THE 

56
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FIRST SPEAKER ON THE LIST. THE 

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FIRST SPEAKER IS RON HORNING 

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FOLLOWED BY ALICIA RAMIREZ. 

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>> OKAY. GOOD MORNING OR GOOD 

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AFTERNOON. I AM HERE TO TALK 

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ABOUT THE SOCIAL HOUSING BOARD 

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ASKING FOR CHANGES TO THEIR 

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POWERS. UNDER SMC 3.110.050, 

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WHICH I BELIEVE IS IN THIS, IT 

65
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IS NOT WRITTEN THIS WAY. IT IS 

66
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KIND OF DECEIVING. ON CUE IN 

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THERE, THERE IS AN IMMINENT 

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DOMAIN PORTION WHERE THEY CAN GO

69
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TO THE CITY , THE MAYOR, OR THE 

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COUNCIL, AND THE MAYOR TO ASK TO

71
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TAKE PEOPLE'S HOMES, THEIR 

72
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BUSINESSES, ALONG ANYWHERE WHERE

73
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THERE IS A -- 

74
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URBAN RENEWAL OR COMMUNITY 

75
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PLANNING. CURRENTLY, THERE IS 

76
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COMMUNITY PLANNING GOING ON FROM

77
00:03:29,108 --> 00:03:31,411
80th TO 145th. I FALL INSIDE 

78
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THAT. AND I DON'T THINK 

79
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IMMINENT DOMAIN SHOULD BE PART 

80
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OF THEIR PREVIEW. IT'S A WAY 

81
00:03:43,790 --> 00:03:47,627
BIGGER ISSUE THAN THEIR SOCIAL 

82
00:03:47,627 --> 00:03:51,164
HOUSING SHOULD BE. I'M ASKING 

83
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THE COMMITTEE NOT TO FORWARD 

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00:03:56,736 --> 00:04:01,441
THIS. UNTIL THAT'S TAKEN OUT OF

85
00:04:01,441 --> 00:04:02,609
IT. SHOULD BE GONE THROUGH 

86
00:04:02,609 --> 00:04:07,981
LAND-USE. IT'S A BIGGER ISSUE 

87
00:04:07,981 --> 00:04:08,648
THAN FOR THIS CURRENT COMMITTEE,

88
00:04:08,648 --> 00:04:14,821
I GUESS. SO THE COUNSEL'S HERE,

89
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THEY CAN EXPLAIN HOW IT'LL 

90
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WORK. SOMETHING HANGING OVER ALL

91
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PROPERTY OWNERS. ALL HOMEOWNERS.

92
00:04:27,266 --> 00:04:28,034
IT WILL BE HANGING OVER THEIR 

93
00:04:28,034 --> 00:04:29,502
HEADS FOR AS LONG AS THEY OWN 

94
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PROPERTY IN SEATTLE. I THINK IT 

95
00:04:30,903 --> 00:04:32,105
IS A WAY BIGGER ISSUE AND SHOULD

96
00:04:32,105 --> 00:04:33,339
NOT BE FORWARDED. THANK YOU. 

97
00:04:33,339 --> 00:04:36,209
>> ALL RIGHT. OUR NEXT SPEAKER 

98
00:04:36,209 --> 00:04:42,715
IS ALICIA FOLLOWED BY MARTA. 

99
00:04:42,715 --> 00:04:43,616
>> GOOD AFTERNOON, CHAIR FOSTER 

100
00:04:43,616 --> 00:04:44,917
AND MEMBERS OF THE COMMITTEE. MY

101
00:04:44,917 --> 00:04:46,452
NAME IS ALICIA , HABITAT FOR 

102
00:04:46,452 --> 00:04:54,394
HUMANITY. SEATTLE KING AND 

103
00:04:54,394 --> 00:04:55,395
COUNTIES. I'M HERE TO EXPRESS 

104
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HABITAT STRONG SUPPORT FOR THE 

105
00:04:56,396 --> 00:04:58,031
HOUSING LEVY AND FINANCIAL PLAN.

106
00:04:58,031 --> 00:05:03,202
AND WE URGE YOUR SWIFT SUPPORT 

107
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OF CB. OUR TEAM IS OFTEN ASKED 

108
00:05:04,537 --> 00:05:05,972
WHERE WE BUILT THE MOST AND WHY.

109
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THE ANSWER IS CLEAR. IT'S THE 

110
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CITY OF SEATTLE. THANKS TO THE 

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OFFICE OF HOUSING STRUCTURES WE 

112
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HAVE BUILT HERE. THE AFFORDABLE 

113
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HOUSING TRIPOD IN THE SEATTLE 

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HOUSING LEVY IS A FORMULA THAT 

115
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ALLOWS HABITAT AND SO MANY 

116
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OTHERS TO BUILD WITHIN CITY 

117
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LIMITS. THOUGHTS WERE ROUGHLY 

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TWO THIRDS OF OUR PIPELINE 

119
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SERVING OVER A THOUSAND PEOPLE 

120
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IS HERE IN SEATTLE. THE INCREASE

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IN PER-UNIT FUNDING CAPS IS 

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PARTICULARLY MEANINGFUL AND 

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HABITAT USES THESE FUNDS AS 

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SUBSIDY WITH OTHER FINANCING 

125
00:05:45,845 --> 00:05:46,946
WHEN THAT SUBSIDY GOES FURTHER. 

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IT EXPANDS WHERE WE CAN REACH. 

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IT MEANS WE CAN SERVE NOT JUST 

128
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THE BUS DRIVER BUT THE WHOLE BUS

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WRITING THAT TO WORK. WE ALSO 

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WANT TO NOTE WHILE THIS IS NOT A

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BUDGET COMMITTEE , THAT HIGHER 

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PER-UNIT SUBSIDIES ONLY GO SO 

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FAR. TO REACH MORE FAMILIES WE 

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MORE FUNDING ALONGSIDE THOSE ARE

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SUBSIDY LEVELS AND WE HOPE THAT 

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COMMITMENT CARRIES FORWARD TO 

137
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THE BUDGET PROCESS. WE 

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APPRECIATE THE DICTATION OF CITY

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STAFF AND LEADERSHIP AND URGE 

140
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THE COMMITTEE TO PASS THIS PLAN 

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SWIFTLY. WE LOOK FORWARD TO 

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CONTINUING TO WORK IN SEATTLE 

143
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AND WITH THE OFFICE OF HOUSING 

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TO DELIVER ON HABITAT'S VISION,

145
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WHICH IS A WORLD WHERE EVERYONE 

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HAS A PLACE TO CALL HOME. THANK 

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YOU. 

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>> ALL RIGHT. OUR FINAL SPEAKER 

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IS MARTA. 

150
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>> THANK YOU, HOUSING, ARTS, & 

151
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CIVIL RIGHTS COMMITTEE. MY NAME 

152
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IS MARTA AND I AM THE COMMUNITY 

153
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ENGAGEMENT MANAGER FOR THE LOW 

154
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INCOME HOUSING INSTITUTE AND 

155
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I'M HERE TODAY TO SPEAK TO THE 

156
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ORDINANCE ADOPTING THE 2023 

157
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SEATTLE HOUSING LEVY 

158
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ADMINISTERED EVENT FINANCIAL 

159
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PLAN FOR THE PROGRAM YEARS 2026 

160
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THROUGH 2028. WE UNDERSTAND THE 

161
00:07:06,926 --> 00:07:08,928
OFFICE OF HOUSING HAS DEDICATED 

162
00:07:08,928 --> 00:07:12,198
MANY STUFF  HOURS TO PROPOSED 

163
00:07:12,198 --> 00:07:13,099
POLICY CHANGES BUT LEHIGH WOULD 

164
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LIKE TO CALL TO THE COMMITTEE'S

165
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ATTENTION SOME POINTS OF 

166
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CONCERN. THE PRIMARY CONCERN IS 

167
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THAT RENT ASSISTANCE 

168
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STABILIZATION FUNDS ANDROGEN 

169
00:07:20,239 --> 00:07:25,978
OPERATION FUNDS ARE NOT BEING 

170
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COVERED -- ARE NOT BEING COVERED

171
00:07:27,747 --> 00:07:28,748
IN THE CURRENT CHANGES PROPOSED 

172
00:07:28,748 --> 00:07:29,816
BY THE LEVY. HOUSING PROVIDERS 

173
00:07:29,816 --> 00:07:30,983
IN SEATTLE ARE IN CRISIS AND 

174
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THIS IS REFLECTED IN THE FACT 

175
00:07:32,251 --> 00:07:32,852
THAT LONG-STANDING PORTABLE 

176
00:07:32,852 --> 00:07:33,886
HOUSING NONPROFITS HAVE OR ARE 

177
00:07:33,886 --> 00:07:34,687
CONSIDERING SELLING PART OF 

178
00:07:34,687 --> 00:07:45,131
THEIR AFFORDABLE HOUSING 

179
00:07:47,333 --> 00:07:48,434
PORTFOLIOS AND TO STAVE OFF 

180
00:07:48,434 --> 00:07:49,068
MARKET SHIFT. THESE RESOURCES 

181
00:07:49,068 --> 00:07:50,203
ARE NEEDED TO LIFT UP THE 

182
00:07:50,203 --> 00:07:51,037
NONPROFIT SUPPORTED BY THE 

183
00:07:51,037 --> 00:07:51,904
OFFICE OF HOUSING. HISTORICALLY 

184
00:07:51,904 --> 00:07:53,105
THE OFFICE OF HOUSING HAS HOSTED

185
00:07:53,105 --> 00:07:54,340
TWO PUBLIC MEETINGS A YEAR TO 

186
00:07:54,340 --> 00:07:55,341
REVIEW THE HOUSING LEVY 

187
00:07:55,341 --> 00:07:55,975
ADMINISTRATIVE AND FINANCIAL 

188
00:07:55,975 --> 00:07:56,943
PLAN AND GAIN INPUT INTO 

189
00:07:56,943 --> 00:07:57,577
COMMITTEE PARTNERS AND 

190
00:07:57,577 --> 00:07:58,578
INTERESTED PARTIES. TODAY WE ASK

191
00:07:58,578 --> 00:08:05,451
THAT THE HOUSING COMMITTEE 

192
00:08:05,451 --> 00:08:06,519
DIRECT OFFICE OF HOUSING TO HOST

193
00:08:06,519 --> 00:08:07,553
TWO PUBLIC MEETINGS PRIOR TO 

194
00:08:07,553 --> 00:08:08,354
ACCEPTING THE PROPOSED CHANGES. 

195
00:08:08,354 --> 00:08:18,831
FROM OUR PERSPECTIVE, THERE 

196
00:08:21,868 --> 00:08:22,735
SHOULD BE NOTICEABLE CHANGES TO 

197
00:08:22,735 --> 00:08:23,936
THE 26-2028 PLAN EQUAL TO THE 

198
00:08:23,936 --> 00:08:24,871
LEVEL OF CRISIS BEING 

199
00:08:24,871 --> 00:08:25,438
EXPERIENCED BY AFFORDABLE 

200
00:08:25,438 --> 00:08:26,172
HOUSING PROVIDERS ACROSS THE 

201
00:08:26,172 --> 00:08:27,173
CITY. WE BELIEVED PROTECTING THE

202
00:08:27,173 --> 00:08:28,241
AFFORDABLE HOUSING NEEDS TO BE 

203
00:08:28,241 --> 00:08:29,041
PRIORITIZED WITH A DEEPER 

204
00:08:29,041 --> 00:08:30,243
URGENCY BEFORE WE REACH A STAGE 

205
00:08:30,243 --> 00:08:31,511
WHERE NONPROFITS ARE HAVING TO 

206
00:08:31,511 --> 00:08:32,278
MAKE REALLY DIRE DECISIONS. 

207
00:08:32,278 --> 00:08:32,712
THANK YOU. 

208
00:08:32,712 --> 00:08:33,713
>> THERE ARE NO ADDITIONAL 

209
00:08:33,713 --> 00:08:33,980
SPEAKERS. 

210
00:08:33,980 --> 00:08:40,019
>> THANK YOU. WE WILL NOW MOVE 

211
00:08:40,019 --> 00:08:41,354
ON TO OUR FIRST ITEM OF 

212
00:08:41,354 --> 00:08:42,255
BUSINESS. WITH THE CLERK PLEASE 

213
00:08:42,255 --> 00:08:46,158
READ ITEM ONE INTO THE RECORD. 

214
00:08:46,158 --> 00:08:47,326
>> AGENDA ITEM ONE. CB 12121A. 

215
00:08:47,326 --> 00:08:52,231
RELATED TO HOUSING, ADOPTING THE

216
00:08:52,231 --> 00:08:53,099
2023 SEATTLE HOUSING LEVY A 

217
00:08:53,099 --> 00:08:58,971
MINISTRY OF AND FINANCIAL PLAN 

218
00:08:58,971 --> 00:09:00,039
FOR PROGRAM YEARS 2026 TO 2028. 

219
00:09:00,039 --> 00:09:00,973
ADOPTING HOUSING FUND POLICIES 

220
00:09:00,973 --> 00:09:04,343
FOR CURRENT YEARS 23 SIX THROUGH

221
00:09:04,343 --> 00:09:05,378
2028 FOR THE 2023 SEATTLE 

222
00:09:05,378 --> 00:09:06,345
HOUSING LEVY AND OTHER FUND 

223
00:09:06,345 --> 00:09:08,247
SOURCES. AUTHORIZING ACTIONS 

224
00:09:08,247 --> 00:09:09,115
REGARDING PAST AND FUTURE 

225
00:09:09,115 --> 00:09:10,516
HOUSING LOANS AND CONTRACTS 

226
00:09:10,516 --> 00:09:14,587
RATIFYING AND CONFIRMING SEARCH 

227
00:09:14,587 --> 00:09:15,288
AND ACTS. DISCUSSION? 

228
00:09:15,288 --> 00:09:19,158
>> THANK YOU SO MUCH. WE ARE 

229
00:09:19,158 --> 00:09:20,426
WELCOMING UP TO THE TABLE KELLY 

230
00:09:20,426 --> 00:09:21,427
LARSON AND NATHAN ANTONIO WITH 

231
00:09:21,427 --> 00:09:24,597
THE SEATTLE OFFICE OF HOUSING. 

232
00:09:24,597 --> 00:09:25,831
AND BEFORE I INVITE YOU TO 

233
00:09:25,831 --> 00:09:26,966
INTRODUCE YOURSELVES AND LET US 

234
00:09:26,966 --> 00:09:33,039
KNOW IF YOU NEED ANY TECH 

235
00:09:33,039 --> 00:09:35,441
SUPPORT, BEFORE I INVITE YOU TO 

236
00:09:35,441 --> 00:09:36,509
INTRODUCE YOURSELVES I WILL JUST

237
00:09:36,509 --> 00:09:37,443
SHARE BRIEFLY TODAY WE ARE 

238
00:09:37,443 --> 00:09:38,544
HEARING FROM THE OFFICE OF 

239
00:09:38,544 --> 00:09:39,445
HOUSING ON POTENTIAL UPDATES TO 

240
00:09:39,445 --> 00:09:40,279
THE HOUSING FUNDING POLICIES 

241
00:09:40,279 --> 00:09:43,950
ADMINISTRATIVE FINANCIAL PLAN. 

242
00:09:43,950 --> 00:09:44,951
THESE DIRECT GUIDANCE ON HOW 

243
00:09:44,951 --> 00:09:46,052
ONLY TO MINISTERS THEIR HOUSING 

244
00:09:46,052 --> 00:09:46,819
FUNDING AND CRUISING HOUSING 

245
00:09:46,819 --> 00:09:51,157
LEVY AND OTHERS -- OTHER 

246
00:09:51,157 --> 00:09:52,658
SOURCES. I WANT TO EXPRESS MY 

247
00:09:52,658 --> 00:09:53,993
APPRECIATION TO THE TEAM AND 

248
00:09:53,993 --> 00:09:58,597
APPRECIATE OUR PUBLIC COMMENTERS

249
00:09:58,597 --> 00:09:59,932
WHO ARE COMING IN TODAY TO BOTH 

250
00:09:59,932 --> 00:10:00,733
SHARE SUPPORT THIS LEGISLATION 

251
00:10:00,733 --> 00:10:02,969
AND ALSO SHARE REQUESTS. I WILL 

252
00:10:02,969 --> 00:10:04,470
GIVE A LITTLE BIT OF CONTEXT AS 

253
00:10:04,470 --> 00:10:09,742
WE HAVE DISCUSSED. WE KNOW THAT 

254
00:10:09,742 --> 00:10:10,810
THE RISING COST OF HOUSING 

255
00:10:10,810 --> 00:10:12,178
CONTINUES TO PUSH MORE FAMILIES 

256
00:10:12,178 --> 00:10:13,012
OUT OF OUR CITY FORCING PEOPLE 

257
00:10:13,012 --> 00:10:14,380
TO COMMUTE FOR THEIR JOBS AND 

258
00:10:14,380 --> 00:10:15,915
MAKING IT HARDER FOR EMPLOYERS. 

259
00:10:15,915 --> 00:10:17,116
WE KNOW THAT SEATTLE HAS ALSO 

260
00:10:17,116 --> 00:10:24,957
LED THE NATION IN AFFORDABLE 

261
00:10:24,957 --> 00:10:25,658
HOUSING PRODUCTION AND OUR 

262
00:10:25,658 --> 00:10:26,759
OFFICE OF HOUSING CONTINUES TO 

263
00:10:26,759 --> 00:10:27,660
FIND INNOVATIVE WAYS TO PARTNER 

264
00:10:27,660 --> 00:10:28,294
WITH AFFORDABLE HOUSING 

265
00:10:28,294 --> 00:10:29,695
PROVIDERS TO MEET THE DEMAND FOR

266
00:10:29,695 --> 00:10:34,800
RENTAL UNITS AS WELL AS 

267
00:10:34,800 --> 00:10:35,434
HOMEOWNERSHIP. AND MAKING 

268
00:10:35,434 --> 00:10:36,068
OPPORTUNITIES FAMILIES CAN 

269
00:10:36,068 --> 00:10:37,269
AFFORD. IN RECENT YEARS WE HAVE 

270
00:10:37,269 --> 00:10:38,237
MADE ADJUSTMENTS TO HEALTH -- 

271
00:10:38,237 --> 00:10:44,410
HELP FAMILY SIZE UNITS WHICH WE 

272
00:10:44,410 --> 00:10:45,611
KNEW WE NEED MORE OF IN OUR 

273
00:10:45,611 --> 00:10:46,645
CITY. ALSO UNDERTAKEN STEPS TO 

274
00:10:46,645 --> 00:10:47,246
STABILIZE AFFORDABLE HOUSING 

275
00:10:47,246 --> 00:10:48,681
PROVIDERS AS WE HEARD OVER 

276
00:10:48,681 --> 00:10:49,682
PUBLIC COMMENTERS SPEAK TO TODAY

277
00:10:49,682 --> 00:10:54,854
FOR PACING A DEBT CRISIS NOT 

278
00:10:54,854 --> 00:10:56,022
JUST HERE IN SEATTLE BUT ACROSS 

279
00:10:56,022 --> 00:10:57,189
THE COUNTRY. WE ARE SEEING SOME 

280
00:10:57,189 --> 00:10:57,823
SIMILAR CHALLENGES FROM 

281
00:10:57,823 --> 00:11:08,334
AFFORDABLE HOUSING PROVIDERS 

282
00:11:09,035 --> 00:11:09,969
EATING OPERATIONAL DOLLARS. I 

283
00:11:09,969 --> 00:11:10,903
WANT TO CLARIFY FOR FOLKS, ONE, 

284
00:11:10,903 --> 00:11:11,904
THIS IS A BRIEFING AND 

285
00:11:11,904 --> 00:11:13,072
DISCUSSION TODAY SO WE ARE NOT 

286
00:11:13,072 --> 00:11:14,340
VOTING WHAT IS COMING BEFORE US.

287
00:11:14,340 --> 00:11:15,741
AS IS TYPICAL, WE WANT TO MAKE 

288
00:11:15,741 --> 00:11:16,942
SURE WE HEAR THIS IN COMMITTEE 

289
00:11:16,942 --> 00:11:20,012
AND GIVE COMMITTEE MEMBERS AN 

290
00:11:20,012 --> 00:11:20,846
OPPORTUNITY TO ENGAGE FIRST. 

291
00:11:20,846 --> 00:11:21,647
THIS LEGISLATION BUILDS ON 

292
00:11:21,647 --> 00:11:22,882
CHANGES THAT WERE MADE IN 2024 

293
00:11:22,882 --> 00:11:23,883
AND IS FOCUSED ON CODIFYING 

294
00:11:23,883 --> 00:11:24,583
EXISTING PROCESSES AND 

295
00:11:24,583 --> 00:11:25,651
PROCEDURES FOR THE OFFICE OF 

296
00:11:25,651 --> 00:11:26,318
HOUSING TO ADMINISTER THEIR 

297
00:11:26,318 --> 00:11:32,591
FUNDING. SO WE WILL HEAR FROM OH

298
00:11:32,591 --> 00:11:34,827
TODAY. AND THE LAST PORTION, 

299
00:11:34,827 --> 00:11:35,561
JUST FOR COMMITTEE MEMBERS 

300
00:11:35,561 --> 00:11:36,529
AWARENESS, BECAUSE OF FIFA WORLD

301
00:11:36,529 --> 00:11:42,368
CUP, WE WILL BE INVITING FOLKS 

302
00:11:42,368 --> 00:11:52,912
TO JOIN OUR MEETING ON THE 24th 

303
00:11:57,316 --> 00:11:58,551
VIRTUALLY TO HELP STRAIN ON 

304
00:11:58,551 --> 00:11:59,218
TRAFFIC AND FOLKS INTO DOWNTOWN.

305
00:11:59,218 --> 00:12:00,453
WE WANT TO MAKE SURE EVERYTHING 

306
00:12:00,453 --> 00:12:01,253
RUNS SMOOTHLY. COLLEAGUES, IF 

307
00:12:01,253 --> 00:12:02,521
YOU HAVE QUESTIONS OR IF YOU 

308
00:12:02,521 --> 00:12:03,522
HAVE ENGAGEMENT OR YOU ARE 

309
00:12:03,522 --> 00:12:04,523
DESIRING AMENDMENTS, AS ALWAYS I

310
00:12:04,523 --> 00:12:05,791
WANT TO BE TRANSPARENT WITH YOU 

311
00:12:05,791 --> 00:12:06,959
ABOUT THOSE. WE ASK YOU ENGAGE 

312
00:12:06,959 --> 00:12:08,027
WITH CENTRAL STAFF BY MONDAY 

313
00:12:08,027 --> 00:12:09,662
JUNE 15th AT 5:00 P.M. ON THOSE 

314
00:12:09,662 --> 00:12:10,696
CONCEPTS AND IDEAS IF YOU ARE 

315
00:12:10,696 --> 00:12:11,497
SEEKING TO REQUEST AMENDMENTS. 

316
00:12:11,497 --> 00:12:13,132
OKAY. WITH THAT I WILL INVITE 

317
00:12:13,132 --> 00:12:14,433
OUR PRESENTERS TO PLEASE FIRST 

318
00:12:14,433 --> 00:12:15,334
INTRODUCE YOURSELVES AND THEN 

319
00:12:15,334 --> 00:12:15,634
SLIDE DECK. 

320
00:12:15,634 --> 00:12:16,769
>> THANK YOU, CHAIR FOSTER AND 

321
00:12:16,769 --> 00:12:18,537
COMMITTEE MEMBERS. M KELLY 

322
00:12:18,537 --> 00:12:19,438
LARSON IN THE OFFICE OF HOUSING.

323
00:12:19,572 --> 00:12:21,474
>> AND I AM NATHAN ANTONIO. 

324
00:12:21,474 --> 00:12:24,310
POLICY PLANNING AND DATA 

325
00:12:24,310 --> 00:12:24,577
ANALYST. 

326
00:12:24,577 --> 00:12:34,987
>> ALL RIGHT. SO , TODAY, WE ARE

327
00:12:34,987 --> 00:12:36,188
HERE TO DISCUSS THE HOUSING LEVY

328
00:12:36,188 --> 00:12:37,623
A MINISTRY TO FINANCIAL PLAN AND

329
00:12:37,623 --> 00:12:38,357
THE HOUSING FUNDING POLICIES. WE

330
00:12:38,357 --> 00:12:39,358
ARE GOING TO WALK THROUGH THE 

331
00:12:39,358 --> 00:12:40,559
PROCESS THAT WE WORK THROUGH TO 

332
00:12:40,559 --> 00:12:41,660
DRAFT THESE UPDATES AND SHARE 

333
00:12:41,660 --> 00:12:43,462
THE DETAILS OF THE PROPOSED 

334
00:12:43,462 --> 00:12:44,263
UPDATES. THE HOUSING LEVY 

335
00:12:44,263 --> 00:12:44,897
ADMINISTERED EVENT FINANCIAL 

336
00:12:44,897 --> 00:12:54,907
PLAN OR THE ANF PLAN PROVIDES 

337
00:12:54,907 --> 00:12:55,841
REQUIREMENTS FOR 2023 SEATTLE 

338
00:12:55,841 --> 00:12:56,475
HOUSING LEVY PROGRAMS. NO OTHER 

339
00:12:56,475 --> 00:13:00,012
FUNDING SOURCES ARE DISCUSSED IN

340
00:13:00,012 --> 00:13:01,447
THE PLAN. THE ANF PLAN AND ITS 

341
00:13:01,447 --> 00:13:02,448
REQUIREMENTS WERE CREATED IN THE

342
00:13:02,448 --> 00:13:03,682
HOUSING LEVY ORDINANCE AND THE 

343
00:13:03,682 --> 00:13:10,022
PLAN WAS COMPLETED AND ADOPTED 

344
00:13:10,022 --> 00:13:11,390
IN 2024. THE ANF PLAN IS A 

345
00:13:11,390 --> 00:13:12,324
SHORTER DOCUMENT AROUND 12 

346
00:13:12,324 --> 00:13:13,225
PAGES. PROPOSING MINIMAL CHANGES

347
00:13:13,225 --> 00:13:16,128
. TIDY UP LANGUAGE AND DEEP 

348
00:13:16,128 --> 00:13:22,001
FORMATTING TO MEET ACCESSIBILITY

349
00:13:22,001 --> 00:13:24,470
REQUIREMENTS. THE HOUSING 

350
00:13:24,470 --> 00:13:25,704
FUNDING POLICIES IS WHAT WE ARE 

351
00:13:25,704 --> 00:13:26,739
HERE TO PRIMARILY DISCUSS TODAY.

352
00:13:26,739 --> 00:13:27,606
THESE CONTAIN POLICIES REGARDING

353
00:13:27,606 --> 00:13:32,344
THE USE OF ALL CITY FUNDS 

354
00:13:32,344 --> 00:13:33,345
MANAGED BY THE OFFICE OF HOUSING

355
00:13:33,345 --> 00:13:34,413
AND ACROSS ALL PROGRAM ACTIVITY 

356
00:13:34,413 --> 00:13:35,047
AREAS. THESE POLICIES ARE 

357
00:13:35,047 --> 00:13:39,351
GENERALLY UPDATED EVERY TWO 

358
00:13:39,351 --> 00:13:40,619
YEARS WITH MORE MAJOR REVISIONS 

359
00:13:40,619 --> 00:13:41,220
OCCURRING EVERY SEVEN YEARS, 

360
00:13:41,220 --> 00:13:42,221
COINCIDING WITH THE HOUSING LEVY

361
00:13:42,221 --> 00:13:52,765
WE AUTHORIZATIONS. THE HOUSING 

362
00:13:53,599 --> 00:13:54,433
FUNDING POLICY DOCUMENT IS MUCH 

363
00:13:54,433 --> 00:13:55,634
LONGER. ALMOST 90 PAGES. 

364
00:13:55,634 --> 00:13:56,302
ORGANIZED 11 CHAPTERS WITH MANY 

365
00:13:56,302 --> 00:13:57,336
SUBSECTIONS. EVEN WITH 90 PAGES,

366
00:13:57,336 --> 00:13:58,437
THESE POLICIES DO NOT DESCRIBE 

367
00:13:58,437 --> 00:13:59,505
EVERY PRACTICE OF THE OFFICE OF 

368
00:13:59,505 --> 00:14:00,573
HOUSING. WE STRIVE FOR BALANCE 

369
00:14:00,573 --> 00:14:01,774
HERE TO SHOW POLICY DETAILS THAT

370
00:14:01,774 --> 00:14:11,850
ARE MOST IMPORTANT FOR 

371
00:14:11,850 --> 00:14:12,585
UNDERSTANDING HOW OH FUNDS ARE 

372
00:14:12,585 --> 00:14:13,219
PRIORITIZED AND ADMINISTERED. WE

373
00:14:13,219 --> 00:14:14,086
ARE CONTINUOUSLY REVIEWING THESE

374
00:14:14,086 --> 00:14:15,087
POLICIES THROUGHOUT THE YEAR AND

375
00:14:15,087 --> 00:14:15,888
RECOMMENDING UPDATES AND REVIEW 

376
00:14:15,888 --> 00:14:16,855
THIS UPDATE PROCESS TO BE 

377
00:14:16,855 --> 00:14:18,023
SOMEWHAT ROUTINE. THIS ROUND 

378
00:14:18,023 --> 00:14:18,657
FOCUSES ON TECHNICAL UPDATES, 

379
00:14:18,657 --> 00:14:23,195
CLEAR PROCEDURES, AND STRONGER 

380
00:14:23,195 --> 00:14:23,996
CONSISTENCY. NONE OF THESE 

381
00:14:23,996 --> 00:14:25,064
CHANGES SHIFT OUR CORE 

382
00:14:25,064 --> 00:14:29,568
PRIORITIES ARE DESIRED OUTCOMES.

383
00:14:29,568 --> 00:14:31,203
>> A LITTLE BACKGROUND ON 

384
00:14:31,203 --> 00:14:31,837
PROCESS HERE. SO AS KELLY 

385
00:14:31,837 --> 00:14:33,606
MENTIONED, IN 2024 WE COMPLETED 

386
00:14:33,606 --> 00:14:39,712
A SUBSTANTIAL REVISION OF THE 

387
00:14:39,712 --> 00:14:41,280
LEVY PLAN . THAT MAJOR UPDATE 

388
00:14:41,280 --> 00:14:42,081
INCLUDED NUMEROUS COMMUNITY 

389
00:14:42,081 --> 00:14:42,715
MEETINGS WITH HOUSING OPERATORS 

390
00:14:42,715 --> 00:14:45,017
TO HEAR CONCERNS, PROPOSE POLICY

391
00:14:45,017 --> 00:14:47,086
CHANGES, AND FINALIZE WORK. I 

392
00:14:47,086 --> 00:14:57,596
WOULD AT DURING THAT TIME. WE 

393
00:14:59,665 --> 00:15:00,499
WERE ALWAYS COLLECTING IDEAS AND

394
00:15:00,499 --> 00:15:01,634
FEEDBACK ABOUT OUR POLICIES. 

395
00:15:01,634 --> 00:15:02,868
EVEN AS WE COMPLETED THE MAJOR 

396
00:15:02,868 --> 00:15:04,103
REVISIONS IN 2024, WE HAD A 

397
00:15:04,103 --> 00:15:05,037
RUNNING LIST OF ITEMS TO BRING 

398
00:15:05,037 --> 00:15:06,171
BACK FOR UPDATES. MANY OF THESE 

399
00:15:06,171 --> 00:15:07,239
DISCUSSIONS WE HAVE HAD WITH 

400
00:15:07,239 --> 00:15:08,240
COMMUNITY PARTNERS OVER THE LAST

401
00:15:08,240 --> 00:15:09,241
YEAR EXIST OUTSIDE OF THESE 

402
00:15:09,241 --> 00:15:12,711
COUNSEL GROUP POLICIES. LIKE 

403
00:15:12,711 --> 00:15:13,779
KELLY MENTIONED, WE STRIVE TO 

404
00:15:13,779 --> 00:15:16,682
BALANCE THE DETAIL AND HOUSING 

405
00:15:16,682 --> 00:15:18,350
MANAGED. EXCUSE ME. BUT WE 

406
00:15:18,350 --> 00:15:23,255
ALWAYS CONTINUED TO WORK WITH 

407
00:15:23,255 --> 00:15:23,923
PARTNERS TO DISCUSS AND DEVELOP 

408
00:15:23,923 --> 00:15:27,993
THOSE GUIDELINES. LATE IN 2025, 

409
00:15:27,993 --> 00:15:28,794
WE STARTED CONSIDERING PRECISELY

410
00:15:28,794 --> 00:15:30,029
WHAT TO PUT FORWARD IN THE 

411
00:15:30,029 --> 00:15:38,570
UPDATES TO THESE ACTUAL 

412
00:15:38,570 --> 00:15:40,039
DOCUMENTS THIS YEAR. SO WE HAD 

413
00:15:40,039 --> 00:15:40,673
CONVERSATIONS ABOUT WHAT THOSE 

414
00:15:40,673 --> 00:15:41,674
CHANGES MIGHT LOOK LIKE AND HOW 

415
00:15:41,674 --> 00:15:42,675
TO IMPLEMENT THEM. AND SINCE 

416
00:15:42,675 --> 00:15:43,676
MAJOR WORK WAS COMPLETED IN 

417
00:15:43,676 --> 00:15:44,510
2024, WE FULLY ANTICIPATED 

418
00:15:44,510 --> 00:15:47,980
RELATIVELY LIMITED, FAIRLY 

419
00:15:47,980 --> 00:15:48,881
MINOR, TECHNICAL UPDATES THIS 

420
00:15:48,881 --> 00:15:49,815
TIME AROUND. BEGINNING OF 2026 

421
00:15:49,815 --> 00:15:50,816
WE BEGAN WORKING ON IS 

422
00:15:50,816 --> 00:15:53,719
COLLABORATING ACROSS TEAMS TO 

423
00:15:53,719 --> 00:15:54,687
RESOLVE CHANGES AND THEN TO 

424
00:15:54,687 --> 00:15:59,892
BEGIN DRAFTING ACTUAL LANGUAGE. 

425
00:15:59,892 --> 00:16:01,226
IN MARCH AND APRIL WE COMPLETED 

426
00:16:01,226 --> 00:16:02,194
A FIRST DRAFT AND SOCIALIZE 

427
00:16:02,194 --> 00:16:03,262
THOSE CHANGES WITH THE HOUSING 

428
00:16:03,262 --> 00:16:08,834
OVERSIGHT COMMITTEE. LISTING 

429
00:16:08,834 --> 00:16:09,868
FEEDBACK. SO THEN WE COMPLETED 

430
00:16:09,868 --> 00:16:11,003
THAT PROCESS IN MAY AND 

431
00:16:11,003 --> 00:16:12,905
PROCEEDED TO TRANSMIT THE 

432
00:16:12,905 --> 00:16:17,576
DOCUMENTS TO COUNSEL, SO HERE WE

433
00:16:17,576 --> 00:16:19,745
ARE TODAY. SO I WILL GO ON TO 

434
00:16:19,745 --> 00:16:25,184
KIND OF SUMMARIZE THE SPECIFIC 

435
00:16:25,184 --> 00:16:28,620
CHANGES HERE. THEY CAN BE 

436
00:16:28,620 --> 00:16:29,188
CATEGORIZED INTO THREE 

437
00:16:29,188 --> 00:16:29,855
HIGH-LEVEL CATEGORIES. FIRST 

438
00:16:29,855 --> 00:16:30,789
THERE IS TECHNICAL UPDATES AND 

439
00:16:30,789 --> 00:16:31,857
FIXES. THESE ENCOMPASS THE MOST 

440
00:16:31,857 --> 00:16:32,691
SUBSTANTIAL CHANGES THAT HAVE 

441
00:16:32,691 --> 00:16:33,492
IMPACT ON FUNDING PROJECTS. 

442
00:16:33,492 --> 00:16:37,529
NEXT, THERE IS PROCEDURE 

443
00:16:37,529 --> 00:16:38,297
CLARIFICATION. THIS CATEGORY 

444
00:16:38,297 --> 00:16:38,998
GENERALLY COVERS POLICY UPDATES 

445
00:16:38,998 --> 00:16:40,833
THAT ARE CATCHING UP TO CURRENT 

446
00:16:40,833 --> 00:16:41,433
PRACTICE. AND THEN, FINALLY, 

447
00:16:41,433 --> 00:16:43,001
THERE ARE OTHER EDITS WHICH 

448
00:16:43,001 --> 00:16:51,110
COVERS A LOT OF COMPLIANCE WITH 

449
00:16:51,110 --> 00:16:51,977
ACCESSIBILITY STANDARDS. OH IS 

450
00:16:51,977 --> 00:16:52,978
WORKING ON POLICY UPDATES ALL 

451
00:16:52,978 --> 00:16:55,481
YEAR ROUND, AS I MENTIONED. WE 

452
00:16:55,481 --> 00:16:56,482
ARE ALWAYS COLLECTING IDEAS FROM

453
00:16:56,482 --> 00:17:03,155
STAFF AND PARTNERS. IDENTIFYING 

454
00:17:03,155 --> 00:17:03,956
OUTDATED POLICIES. RECOMMENDING 

455
00:17:03,956 --> 00:17:04,556
CHANGES. AND WORKING TOWARDS 

456
00:17:04,556 --> 00:17:09,528
BROADER COMMUNITY ENGAGEMENT. I 

457
00:17:09,528 --> 00:17:11,797
WILL GO INTO SOME DETAIL NOW ON 

458
00:17:11,797 --> 00:17:17,269
SPECIFIC CHANGES. YES. SO 

459
00:17:17,269 --> 00:17:18,370
TECHNICAL UPDATES AND FIXES, 

460
00:17:18,370 --> 00:17:19,538
WHICH IS A MENTIONED IS THE MOST

461
00:17:19,538 --> 00:17:25,978
SUBSTANTIAL CATEGORY HERE . 

462
00:17:25,978 --> 00:17:26,945
FIRST AMONG THOSE, IN ACCORDANCE

463
00:17:26,945 --> 00:17:27,880
WITH THE SPEND PLAN AND 

464
00:17:27,880 --> 00:17:28,947
FINANCIAL MODELING DONE FOR THE 

465
00:17:28,947 --> 00:17:31,950
SEVEN YEAR 2023 HOUSING, WE ARE 

466
00:17:31,950 --> 00:17:33,018
PROPOSING AN INCREASE PER UNIT 

467
00:17:33,018 --> 00:17:37,489
LIMITS FOR HOMEOWNERSHIP 

468
00:17:37,489 --> 00:17:38,290
DEVELOPMENT SUBSIDIES. SO THIS 

469
00:17:38,290 --> 00:17:39,725
IS THE KIND OF FUNDING THAT O.H.

470
00:17:39,725 --> 00:17:40,592
REPORTS FOR ORGANIZATIONS LIKE 

471
00:17:40,592 --> 00:17:46,265
HABITAT FOR HUMANITY TO BUILD 

472
00:17:46,265 --> 00:17:47,066
NEW, PERMANENTLY HOMES. THESE 

473
00:17:47,066 --> 00:17:48,033
CAPS OF DIFFERENT LEVELS 

474
00:17:48,033 --> 00:17:48,967
DEPENDING ON THE NUMBER OF 

475
00:17:48,967 --> 00:17:58,544
BEDROOMS IN FUNDED UNITS. AND WE

476
00:17:58,544 --> 00:17:59,778
ARE RAISING THEM ALL BY $30,000 

477
00:17:59,778 --> 00:18:00,879
PER UNIT WHICH IS EXACTLY WHAT 

478
00:18:00,879 --> 00:18:02,147
HAD BEEN MODELED OUT WHEN WE 

479
00:18:02,147 --> 00:18:03,048
PROPOSE THE HOUSING LEVY. 

480
00:18:03,048 --> 00:18:04,083
INCREASES TO THESE PER UNIT 

481
00:18:04,083 --> 00:18:07,820
FUNDING LIMITS ARE PLANNED FOR 

482
00:18:07,820 --> 00:18:08,620
EVERY TWO YEARS. HIGHER 

483
00:18:08,620 --> 00:18:09,688
SUBSIDIES IS NEEDED TO ACCOUNT 

484
00:18:09,688 --> 00:18:10,689
FOR INFLATION, AS WELL AS 

485
00:18:10,689 --> 00:18:11,323
INCREASED COST DEVELOPMENT, 

486
00:18:11,323 --> 00:18:12,124
INCLUDING FINANCING, LABOR, AND 

487
00:18:12,124 --> 00:18:12,991
MATERIALS. THESE ARE DESCRIBED 

488
00:18:12,991 --> 00:18:18,464
IN CHAPTER 4, SECTION 2D, FOR 

489
00:18:18,464 --> 00:18:19,264
ANYONE FOLLOWING ALONG AT HOME. 

490
00:18:19,264 --> 00:18:20,365
JUST A LITTLE BACKGROUND FOR 

491
00:18:20,365 --> 00:18:26,305
YOU. SO WITH AUTHORIZATION OF 

492
00:18:26,305 --> 00:18:27,639
THE 2023 ORIGINAL PER-UNIT CAPS 

493
00:18:27,639 --> 00:18:28,407
FOR HOMEOWNER DEVELOPMENT ARE 

494
00:18:28,407 --> 00:18:32,277
$100,000 PER UNIT PER STUDIO. 

495
00:18:32,277 --> 00:18:38,250
$120,000 PER UNIT FOR A 

496
00:18:38,250 --> 00:18:44,656
ONE-BEDROOM. 140 . $170 FOR A 

497
00:18:44,656 --> 00:18:45,357
THREE. AND $180,000 FOR UNITS 

498
00:18:45,357 --> 00:18:46,325
WITH FOUR OR MORE BEDROOMS. 

499
00:18:46,325 --> 00:18:47,392
AGAIN, THOSE ARE THE ORIGINAL 

500
00:18:47,392 --> 00:18:48,861
LEVELS WE ARE PROPOSING TO RAISE

501
00:18:48,861 --> 00:18:56,735
THEM BY $30,000 EACH. MOVING ON.

502
00:18:56,735 --> 00:18:58,170
WE ARE ALSO CLARIFYING THE 

503
00:18:58,170 --> 00:18:59,037
LANGUAGE DESCRIBING HOUSING LEVY

504
00:18:59,037 --> 00:18:59,705
OPERATING MAINTENANCE AND 

505
00:18:59,705 --> 00:19:02,841
SERVICES OR OMS SUBSIDIES PREFER

506
00:19:02,841 --> 00:19:07,212
THE PER-UNIT CAPS ARE APPLIED IN

507
00:19:07,212 --> 00:19:11,016
CHAPTER 3, SECTION 1C. MADE IT 

508
00:19:11,016 --> 00:19:14,119
SOUND AS IF THE PER-UNIT CAPS 

509
00:19:14,119 --> 00:19:15,554
WERE SET OR WERE PAINTED THE 

510
00:19:15,554 --> 00:19:26,098
FIRST YEAR PROJECT OPERATIONS. 

511
00:19:29,902 --> 00:19:31,103
THE PER-UNIT CAPS WEREN'T 

512
00:19:31,103 --> 00:19:31,737
ACTUALLY DESIGNED TO INCREASE 

513
00:19:31,737 --> 00:19:32,471
EACH YEAR FOLLOWING PASSAGE OF 

514
00:19:32,471 --> 00:19:33,872
THE LEVY. SO WE JUST TRIED TO 

515
00:19:33,872 --> 00:19:35,173
MAKE THAT CLEAR IN WRITING. SO 

516
00:19:35,173 --> 00:19:35,908
FOR REFERENCE, THEY WERE 

517
00:19:35,908 --> 00:19:36,975
ORIGINALLY $500,415 PER UNIT PER

518
00:19:36,975 --> 00:19:38,377
YEAR. THEY GO UP 4% EVERY YEAR 

519
00:19:38,377 --> 00:19:39,811
FOR THE PLANT. IN 2026, THEY ARE

520
00:19:39,811 --> 00:19:47,319
6000 PER YEAR. ALSO, IN CHAPTER 

521
00:19:47,319 --> 00:19:52,824
3, SECTION 1B, THE LONGEST 

522
00:19:52,824 --> 00:19:53,692
CHAPTER, WE STATED THAT O.H. 

523
00:19:53,692 --> 00:19:54,526
PRACTICE VERY RARELY ALLOWING 

524
00:19:54,526 --> 00:19:55,894
FOR 15% WENT TO BE CHARGED TO 

525
00:19:55,894 --> 00:19:56,929
RESIDENTS'S OF UNITS THERE'S 

526
00:19:56,929 --> 00:20:03,035
THE MASS SUBSIDIES. WILL 

527
00:20:03,035 --> 00:20:03,869
SUBSIDIES ARE INTENDED TO 

528
00:20:03,869 --> 00:20:04,670
SUPPORT UNITS AND HOUSED 

529
00:20:04,670 --> 00:20:05,737
RESIDENTS WITH INCOMES AT OR 

530
00:20:05,737 --> 00:20:06,939
BELOW 30% AMI, THAT IS GENERALLY

531
00:20:06,939 --> 00:20:07,839
ALMOST UNIVERSALLY THE CASE. 

532
00:20:07,839 --> 00:20:08,707
HOWEVER, DUE TO PROJECT 

533
00:20:08,707 --> 00:20:10,375
UNDERWRITING, ABOUT HALF OF THE 

534
00:20:10,375 --> 00:20:14,880
UNITS ARE REGULATED AT 50% AMI. 

535
00:20:14,880 --> 00:20:20,686
SO VERY RARE CIRCUMSTANCES WHERE

536
00:20:20,686 --> 00:20:28,360
A RESIDENT WANTED 50% REGULATED 

537
00:20:28,360 --> 00:20:29,461
UNITS ACTUALLY HAS AN EFFECTIVE 

538
00:20:29,461 --> 00:20:30,596
INCOME OVER 30% AMI, WHEN THIS 

539
00:20:30,596 --> 00:20:31,663
HAPPENS IT IS USUALLY BECAUSE 

540
00:20:31,663 --> 00:20:32,598
THEY GET SOME SORT OF 

541
00:20:32,598 --> 00:20:33,231
EXTRAORDINARY BENEFIT. OFTEN 

542
00:20:33,231 --> 00:20:38,103
TIMES FROM THE VETERANS 

543
00:20:38,103 --> 00:20:38,937
ADMINISTRATION. WE HAVE ALLOWED 

544
00:20:38,937 --> 00:20:40,105
PROVIDERS TO CHARGE UP TO 50% 

545
00:20:40,105 --> 00:20:41,173
AMI. THIS PRACTICE HAS BEEN 

546
00:20:41,173 --> 00:20:41,974
BENEFICIAL TO PROJECTS BECAUSE 

547
00:20:41,974 --> 00:20:42,808
THEY VERY RARELY RECEIVE 

548
00:20:42,808 --> 00:20:43,609
OFFICIAL SUBSIDIES OR COVER 

549
00:20:43,609 --> 00:20:44,242
EVER-INCREASING OPERATING COSTS.

550
00:20:44,242 --> 00:20:45,110
SINCE THEY ARE CHARGING 

551
00:20:45,110 --> 00:20:53,251
EXTREMELY LOW RENTS, PRETTY MUCH

552
00:20:53,251 --> 00:20:54,486
ALWAYS HAVE SOME KIND OF GAP 

553
00:20:54,486 --> 00:20:55,454
BETWEEN INCOME AND EXPENSE. AT 

554
00:20:55,454 --> 00:20:59,992
THE SAME TIME, CHARGING 50% 

555
00:20:59,992 --> 00:21:01,126
AMI-LEVEL RENTS TO THESE FOLKS 

556
00:21:01,126 --> 00:21:01,827
CAUSES RELATIVELY LEVEL BECAUSE 

557
00:21:01,827 --> 00:21:06,531
THEIR INCOMES ARE ACTUALLY A LOT

558
00:21:06,531 --> 00:21:07,466
HIGHER. THIS POLICY CHANGE 

559
00:21:07,466 --> 00:21:08,367
SIMPLY MAKES IT CLEARER FOR 

560
00:21:08,367 --> 00:21:09,434
HOUSING OPERATORS WHEN O.H. CAN 

561
00:21:09,434 --> 00:21:14,439
AND CANNOT CONSIDER. AND THEN 

562
00:21:14,439 --> 00:21:15,540
FINALLY IN THIS CATEGORY, WE 

563
00:21:15,540 --> 00:21:16,341
CLARIFIED AND SPECIFIED THE 

564
00:21:16,341 --> 00:21:17,876
LANGUAGE AROUND RESIDENT IN UNIT

565
00:21:17,876 --> 00:21:23,248
AMI RESTRICTIONS FOR DIFFERENT 

566
00:21:23,248 --> 00:21:26,018
PROGRAMS IN THE GENERAL OMS 

567
00:21:26,018 --> 00:21:27,085
BUCKET TO BE MORE SPECIFIC TO 

568
00:21:27,085 --> 00:21:28,320
FUND SOURCE. TO EXPLAIN A LITTLE

569
00:21:28,320 --> 00:21:35,827
MORE, MANY OMS PROGRAMS , 

570
00:21:35,827 --> 00:21:36,695
FUNDING FROM MULTIPLE SOURCES 

571
00:21:36,695 --> 00:21:38,130
AND EACH ONE COMES UP WITH THEIR

572
00:21:38,130 --> 00:21:39,131
OWN AND VARYING. SO THESE 

573
00:21:39,131 --> 00:21:39,931
CHANGES SIMPLY CLARIFY THOSE 

574
00:21:39,931 --> 00:21:41,033
DIFFERENCES. WE MADE CHANGES TO 

575
00:21:41,033 --> 00:21:43,468
THE SECTIONS THAT ARE ENTITLED 

576
00:21:43,468 --> 00:21:44,469
ELIGIBLE HOUSEHOLDS. AGAIN, IN 

577
00:21:44,469 --> 00:21:55,013
THE LMS CHAPTER IN THE SECTIONS 

578
00:21:55,647 --> 00:21:57,015
ON THE OLE MISS SUBSIDY PROGRAM.

579
00:21:57,015 --> 00:21:57,649
RESIDENT SERVICES PROGRAM. AND 

580
00:21:57,649 --> 00:21:58,216
THE OPERATING STABILIZATION 

581
00:21:58,216 --> 00:21:58,617
PROGRAM. 

582
00:22:00,552 --> 00:22:02,120
I WILL GO AHEAD AND MOVE ON. 

583
00:22:02,120 --> 00:22:06,658
THESE ARE PROCEDURE 

584
00:22:06,658 --> 00:22:07,926
CLARIFICATION. SO, IN MANY CASES

585
00:22:07,926 --> 00:22:13,432
LANGUAGE IN THE HOUSING FUNDING 

586
00:22:13,432 --> 00:22:15,400
POLICIES OR HFP DID NOT 

587
00:22:15,400 --> 00:22:16,401
REPRESENT CURRENT REALITY SO WE 

588
00:22:16,401 --> 00:22:17,502
MADE CHANGES TO ALIGN WITH 

589
00:22:17,502 --> 00:22:18,637
CURRENT PRACTICE. ELIGIBLE USES 

590
00:22:18,637 --> 00:22:21,907
IN CLEAR TERMS. POLICIES TO 

591
00:22:21,907 --> 00:22:27,612
BETTER REFLECT BETTER O.H. WORK.

592
00:22:27,612 --> 00:22:31,349
SO JUST A LITTLE BACKGROUND FOR 

593
00:22:31,349 --> 00:22:32,751
YOU. THE HFP HAS BEEN AROUND FOR

594
00:22:32,751 --> 00:22:33,952
MANY YEARS AS STAFF HAVE COME 

595
00:22:33,952 --> 00:22:35,220
AND GONE AND PROGRAMS HAVE COME 

596
00:22:35,220 --> 00:22:36,588
AND GONE. SO WE HAVE TO UPDATE 

597
00:22:36,588 --> 00:22:37,389
IT PERIODICALLY SIMPLY TO 

598
00:22:37,389 --> 00:22:39,624
ACCOMMODATE HOW O.H. PROGRAMS 

599
00:22:39,624 --> 00:22:43,962
HAVE GROWN AND EVOLVED. AGAIN IN

600
00:22:43,962 --> 00:22:45,197
THE OMS CHAPTER, WE MADE SOME 

601
00:22:45,197 --> 00:22:47,032
CHANGES TO IDENTIFY THE 

602
00:22:47,032 --> 00:22:47,733
DIFFERENCE BETWEEN REVIEW, 

603
00:22:47,733 --> 00:22:51,136
CONTRACT RENEWAL, AND INVOICING 

604
00:22:51,136 --> 00:22:53,805
PROCESSES AND RESPONSIBILITIES. 

605
00:22:53,805 --> 00:22:56,742
WE ALSO UPDATED THE ELIGIBLE USE

606
00:22:56,742 --> 00:22:57,876
OF FUNDS SECTIONS IN THE OMS 

607
00:22:57,876 --> 00:23:03,181
CHAPTER 2 ALIGN WITH THE 

608
00:23:03,181 --> 00:23:03,749
CONTRACT LANGUAGE. ALSO 

609
00:23:03,749 --> 00:23:04,483
CLARIFIED THE LONG-STANDING 

610
00:23:04,483 --> 00:23:05,183
ALLOWANCE FOR ADMINISTERED COSTS

611
00:23:05,183 --> 00:23:12,491
OF UP TO PROGRAM. THESE CHANGES 

612
00:23:12,491 --> 00:23:17,262
HELP O.H. STAFF DO THEIR JOB 

613
00:23:17,262 --> 00:23:18,096
BETTER WITH GREATER CERTAINTY. 

614
00:23:18,096 --> 00:23:19,331
WE ALSO CHANGED LANGUAGE AROUND 

615
00:23:19,331 --> 00:23:24,736
OPERATING STABILIZATION GRANTS. 

616
00:23:24,736 --> 00:23:25,437
WE ALSO KNOW THIS IS URGENT 

617
00:23:25,437 --> 00:23:26,304
OPERATING STABILIZATION. THIS IS

618
00:23:26,304 --> 00:23:28,640
ALSO IN CHAPTER 3, SUBSECTION 4.

619
00:23:28,640 --> 00:23:29,574
WITH A COUPLE YEARS OF 

620
00:23:29,574 --> 00:23:30,409
ADMINISTERING THESE FUNDS, WE 

621
00:23:30,409 --> 00:23:34,212
ADDED MORE SPECIFIC WHICH RUN 

622
00:23:34,212 --> 00:23:35,280
ELIGIBLE COSTS SUCH AS INSURANCE

623
00:23:35,280 --> 00:23:37,249
INSECURITY, CLARIFY THE 

624
00:23:37,249 --> 00:23:38,083
TERMINOLOGY AROUND THE PROGRAM, 

625
00:23:38,083 --> 00:23:42,320
AND UPDATED INTRODUCTORY 

626
00:23:42,320 --> 00:23:43,321
LANGUAGE TO BE CONSISTENT WITH 

627
00:23:43,321 --> 00:23:46,792
THE PANDEMIC. SIMILARLY, WE MADE

628
00:23:46,792 --> 00:23:47,859
SOME CHANGES TO PARTS OF THE 

629
00:23:47,859 --> 00:23:52,097
RENTAL HOUSING CHAPTER TWO 

630
00:23:52,097 --> 00:23:52,798
BETTER DETAIL ACTUAL PRACTICES 

631
00:23:52,798 --> 00:24:03,341
AROUND PREVAILING WAGE AND NOFA,

632
00:24:04,109 --> 00:24:07,946
THAT IS THE NOTICE OF FUNDING 

633
00:24:07,946 --> 00:24:09,114
AVAILABLE, PROCESS. WE ACTUALLY 

634
00:24:09,114 --> 00:24:09,815
HAVE A SEPARATE DOCUMENT OUTSIDE

635
00:24:09,815 --> 00:24:17,055
OF THE HFP THAT GOES INTO A LOT 

636
00:24:17,055 --> 00:24:18,056
MORE DETAIL OR PRACTICES WITH 

637
00:24:18,056 --> 00:24:19,090
PREVAILING WAGE. SO IN THE 

638
00:24:19,090 --> 00:24:20,125
POLICY WE SIMPLY POINTED OUT 

639
00:24:20,125 --> 00:24:21,493
FOLKS NEED TO GO TO THE WEBSITE 

640
00:24:21,493 --> 00:24:23,829
TO REALLY GET FULL INFORMATION 

641
00:24:23,829 --> 00:24:29,901
ABOUT THAT. AND THEN LIKEWISE, 

642
00:24:29,901 --> 00:24:32,671
IN THE NOFA REVIEW PROCESS, 

643
00:24:32,671 --> 00:24:33,939
ABOUT 90% OR MORE WAS JUST 

644
00:24:33,939 --> 00:24:35,373
WORDING CLEAN UP. BUT WE DID ADD

645
00:24:35,373 --> 00:24:42,247
BY WAY OF NOTE THAT WE , PLACE 

646
00:24:42,247 --> 00:24:43,582
VALUE, NOT JUST ON NUMBER OF 

647
00:24:43,582 --> 00:24:44,883
UNITS TO BE PRODUCED AS WE ARE 

648
00:24:44,883 --> 00:24:45,917
DOING EVALUATIONS, BUT ALSO ON 

649
00:24:45,917 --> 00:24:47,152
THE NUMBER OF PEOPLE THAT THOSE 

650
00:24:47,152 --> 00:24:48,787
UNITS CAN HOUSE, WHICH IS KIND 

651
00:24:48,787 --> 00:24:50,455
OF A NOD TO OUR SHARED DESIRE TO

652
00:24:50,455 --> 00:24:55,994
GET MORE UNITS WITH MORE 

653
00:24:55,994 --> 00:25:00,799
BEDROOMS. AND THEN I WILL MOVE 

654
00:25:00,799 --> 00:25:01,800
ONTO THE LAST CATEGORY OF 

655
00:25:01,800 --> 00:25:02,868
CHANGES HERE. THIS IS MINOR 

656
00:25:02,868 --> 00:25:04,035
EDITS AND CLEANUP. SO JUST -- 

657
00:25:04,035 --> 00:25:08,473
THIS LAST CATEGORY, PRIMARILY 

658
00:25:08,473 --> 00:25:12,844
CLEANING UP LANGUAGE BUT ALSO 

659
00:25:12,844 --> 00:25:13,645
SPECIFYING ALIGNING LANGUAGE AND

660
00:25:13,645 --> 00:25:14,279
GENERALLY MODERNIZING THE 

661
00:25:14,279 --> 00:25:21,419
DOCUMENT. WE ALSO MADE 

662
00:25:21,419 --> 00:25:22,687
TERMINOLOGY CHANGES IN THE OLE 

663
00:25:22,687 --> 00:25:24,122
MISS CHAPTER. AGAIN, THAT'S 

664
00:25:24,122 --> 00:25:24,723
CHAPTER 3. TO MAKE IT CLEAR 

665
00:25:24,723 --> 00:25:25,290
WHICH SPECIFIC PROGRAMS ARE 

666
00:25:25,290 --> 00:25:28,360
BEING REFERRED TO. TO EXPLAIN A 

667
00:25:28,360 --> 00:25:29,361
LITTLE MORE, WE OPERATE MULTIPLE

668
00:25:29,361 --> 00:25:30,595
PROGRAMS UNDER THE UMBRELLA OF 

669
00:25:30,595 --> 00:25:33,865
OMS AND IT IS EASY TO GET THEM 

670
00:25:33,865 --> 00:25:40,038
MIXED UP. YOU KNOW? BACK IN THE 

671
00:25:40,038 --> 00:25:44,943
DAY, THE ONLY OMS PROGRAM WITH 

672
00:25:44,943 --> 00:25:46,211
THE OMS SUBSIDY PROGRAM. THAT'S

673
00:25:46,211 --> 00:25:47,078
AN OPERATING SUBSIDY PROGRAM. 

674
00:25:47,078 --> 00:25:47,913
BUT THAT WE HAD THREE OTHER 

675
00:25:47,913 --> 00:25:48,947
PROGRAMS WE BUCKET UNDER THAT 

676
00:25:48,947 --> 00:25:51,983
GENERAL OMS CATEGORY. WE TWEAKED

677
00:25:51,983 --> 00:25:53,218
SOME OF THE WORDS PARTICULARLY 

678
00:25:53,218 --> 00:25:54,419
ON THE OMS SUBSIDY PROGRAMS TO 

679
00:25:54,419 --> 00:25:58,990
MAKE THAT REALLY CLEAR. THAT'S 

680
00:25:58,990 --> 00:25:59,958
ESPECIALLY GOOD BECAUSE AT THE 

681
00:25:59,958 --> 00:26:00,992
TERMINOLOGY WE HAVE BEEN USING 

682
00:26:00,992 --> 00:26:04,229
IN THE ANF PLAN THE WHOLE TIME. 

683
00:26:04,229 --> 00:26:05,230
THE HFP ALSO CONTAINS A 

684
00:26:05,230 --> 00:26:10,635
DEFINITION SECTION. THAT'S THE 

685
00:26:10,635 --> 00:26:12,337
VERY END OF THE DOCUMENT. I 

686
00:26:12,337 --> 00:26:12,971
BELIEVE CHAPTER 11. THAT 

687
00:26:12,971 --> 00:26:16,675
INCLUDES A DEFINITION FOR MEDIAN

688
00:26:16,675 --> 00:26:17,509
INCOME. OVER TIME, THAT 

689
00:26:17,509 --> 00:26:23,114
DEFINITION, WHICH ALSO MEANS 

690
00:26:23,114 --> 00:26:26,518
AMI, HAD COME TO DIFFER FROM THE

691
00:26:26,518 --> 00:26:27,719
DEFINITION THAT IS IN THE LAND 

692
00:26:27,719 --> 00:26:28,987
USE CODE. SO SIMPLY PULL THE 

693
00:26:28,987 --> 00:26:29,955
DEFINITION FROM THE LAND USE 

694
00:26:29,955 --> 00:26:30,789
CODE INTO POLICIES. CONSISTENT 

695
00:26:30,789 --> 00:26:36,094
EVERYWHERE WE ARE TALKING ABOUT 

696
00:26:36,094 --> 00:26:37,262
THAT. AND THEN THERE WERE ALSO 

697
00:26:37,262 --> 00:26:38,330
SOME REFERENCES TO POLICIES AND 

698
00:26:38,330 --> 00:26:39,397
PROCEDURES THAT WERE EITHER OUT 

699
00:26:39,397 --> 00:26:44,970
OF PLACE OR OBSOLETE. GOOD 

700
00:26:44,970 --> 00:26:46,071
EXAMPLE THERE. IN THE RENTAL 

701
00:26:46,071 --> 00:26:47,072
HOUSING CHAPTER, THAT'S CHAPTER

702
00:26:47,072 --> 00:26:52,577
2, THERE WAS A SUBSECTION THAT 

703
00:26:52,577 --> 00:26:55,447
STATED COULD USE PROPERTIES WE 

704
00:26:55,447 --> 00:26:56,715
HAVE INVESTED IN AS SECURITY FOR

705
00:26:56,715 --> 00:26:57,515
OTHER FINANCING FOR AFFORDABLE 

706
00:26:57,515 --> 00:26:58,516
HOUSING DEVELOPMENT AS LONG AS 

707
00:26:58,516 --> 00:27:00,385
THEY RECEIVED WRITTEN APPROVAL 

708
00:27:00,385 --> 00:27:01,920
FROM O.H. SO WE REMOVED THAT 

709
00:27:01,920 --> 00:27:02,454
SUBSECTION. TALKING WITH 

710
00:27:02,454 --> 00:27:07,092
COLLEAGUES, NO ONE COULD RECALL 

711
00:27:07,092 --> 00:27:08,159
AN INSTANCE WHERE WE ACTUALLY 

712
00:27:08,159 --> 00:27:09,561
DID THAT NOR CAN ANYONE THINK OF

713
00:27:09,561 --> 00:27:10,729
A SITUATION WHERE WE WOULD 

714
00:27:10,729 --> 00:27:14,666
NECESSARILY WANT TO. AND THEN WE

715
00:27:14,666 --> 00:27:19,471
ALSO MADE A WHOLE RAFT OF 

716
00:27:19,471 --> 00:27:23,642
CHANGES THROUGHOUT THE HFP TO 

717
00:27:23,642 --> 00:27:24,309
MAKE ACCESSIBILITY REQUIREMENTS.

718
00:27:24,309 --> 00:27:25,110
THESE CHANGES WERE REALLY QUITE 

719
00:27:25,110 --> 00:27:29,247
EXTENSIVE. SO EVERY FOOTNOTE, 

720
00:27:29,247 --> 00:27:30,648
USE OF COLUMNS, EVERY EMBEDDED 

721
00:27:30,648 --> 00:27:34,285
TABLE HAD TO BE REMOVED AND 

722
00:27:34,285 --> 00:27:35,220
REPLACED SOMEHOW. ALSO, THE 

723
00:27:35,220 --> 00:27:35,920
SECTION HEADINGS. SOMETHING THAT

724
00:27:35,920 --> 00:27:39,824
SIMPLE NEEDED A LOT OF WORK. 

725
00:27:39,824 --> 00:27:42,794
SCREEN READERS. AND THEN FINALLY

726
00:27:42,794 --> 00:27:46,231
THERE'S A LOT OF TYPICAL STUFF.

727
00:27:46,231 --> 00:27:52,537
MISPLACED COMMAS AND THINGS LIKE

728
00:27:52,537 --> 00:27:57,275
THAT. EVERY TIME YOU MAKE 

729
00:27:57,275 --> 00:27:59,110
CHANGES, WE MORE LITTLE MISTAKES

730
00:27:59,110 --> 00:27:59,844
LIKE THAT. 

731
00:28:05,683 --> 00:28:07,085
THAT CONCLUDES WHAT WE HAVE 

732
00:28:07,085 --> 00:28:08,620
PREPARED IN THE SLIDES HERE. 

733
00:28:08,620 --> 00:28:09,621
AGAIN, MOST OF THESE CHANGES ARE

734
00:28:09,621 --> 00:28:10,321
RELATIVELY MINOR. BUT AS WE 

735
00:28:10,321 --> 00:28:11,956
MENTIONED, WE ARE ALWAYS 

736
00:28:11,956 --> 00:28:12,757
CONTINUING TO COLLECT AND 

737
00:28:12,757 --> 00:28:13,758
TRACKED OTHER POTENTIAL UPDATES.

738
00:28:13,758 --> 00:28:14,626
MANY OF WHICH ARE ALMOST 

739
00:28:14,626 --> 00:28:19,597
CERTAINLY GOING TO BE GREATER 

740
00:28:19,597 --> 00:28:20,398
SCOPE FOR ENGAGEMENT. WE'RE 

741
00:28:20,398 --> 00:28:21,399
LOOKING FORWARD TO RETURNING IN 

742
00:28:21,399 --> 00:28:24,669
2028 MORE FOR YOU. THANK YOU, 

743
00:28:24,669 --> 00:28:25,603
AGAIN, FOR THE OPPORTUNITY AND 

744
00:28:25,603 --> 00:28:33,478
FOR YOUR CONSIDERATION . HAPPY 

745
00:28:33,478 --> 00:28:34,646
TO DISCUSS AND ANSWER QUESTIONS.

746
00:28:34,779 --> 00:28:35,947
>> THANK YOU SO MUCH. I REALLY 

747
00:28:35,947 --> 00:28:36,915
APPRECIATE THAT. I WILL AS 

748
00:28:36,915 --> 00:28:42,287
ALWAYS TURN TO MY COLLEAGUES TO 

749
00:28:42,287 --> 00:28:42,954
SEE WHAT QUESTIONS THEY MAY HAVE

750
00:28:42,954 --> 00:28:43,855
FOR OUR PRESENTERS TODAY. IS A 

751
00:28:43,855 --> 00:28:45,256
WAY FOR PEOPLE'S HANDS TO GET 

752
00:28:45,256 --> 00:28:46,124
RAISED, I WILL EXPRESS MY 

753
00:28:46,124 --> 00:28:48,126
APPRECIATION FOR THE WORK YOU 

754
00:28:48,126 --> 00:28:49,360
ALL DID. THE TECHNICAL CHANGES 

755
00:28:49,360 --> 00:28:50,495
AS WELL AS THE VERIFICATIONS 

756
00:28:50,495 --> 00:28:51,596
THAT HAVE BEEN MADE IN THIS 

757
00:28:51,596 --> 00:28:53,665
PROPOSED UPDATE. COLLEAGUES, DO 

758
00:28:53,665 --> 00:28:54,666
WE HAVE QUESTIONS FOR OUR 

759
00:28:54,666 --> 00:28:58,002
PRESENTERS FROM O.H.? COUNCIL 

760
00:28:58,002 --> 00:29:01,573
MEMBER LIN? 

761
00:29:01,573 --> 00:29:03,108
>> HEY. GOOD AFTERNOON. GOOD TO 

762
00:29:03,108 --> 00:29:09,047
SEE MY OLD COLLEAGUES. EXCITED 

763
00:29:09,047 --> 00:29:09,914
TO HEAR ABOUT THE CHANGE FROM 

764
00:29:09,914 --> 00:29:15,220
JUST UNITS TO RESIDENTS. 

765
00:29:15,220 --> 00:29:17,489
WONDERING HOW SOME OF OUR OTHER 

766
00:29:17,489 --> 00:29:20,825
FUNDING PARTNERS MIGHT ALSO BE 

767
00:29:20,825 --> 00:29:22,827
MAKING THAT CHANGE OR NOT. LIKE 

768
00:29:22,827 --> 00:29:27,899
HOW DO WE SORT OF SOCIALIZED 

769
00:29:27,899 --> 00:29:28,566
THROUGHOUT THE HOUSING INDUSTRY 

770
00:29:28,566 --> 00:29:31,202
AND HOW DO WE START TO, WITH OUR

771
00:29:31,202 --> 00:29:35,707
HOUSING EAGLES, WHICH WE ARE 

772
00:29:35,707 --> 00:29:38,610
FOCUSED ON UNITS, AT SOME POINT 

773
00:29:38,610 --> 00:29:48,386
DO WE TRANSITION THAT TO PEOPLE?

774
00:29:48,386 --> 00:29:50,421
>> WE -- THANK YOU FOR THE 

775
00:29:50,421 --> 00:29:51,055
QUESTION, COUNCIL MEMBER. HAVE 

776
00:29:51,055 --> 00:29:52,123
SPOKEN WITH KING COUNTY. LAST 

777
00:29:52,123 --> 00:29:53,558
YEAR HAS STARTED TO ALSO -- I 

778
00:29:53,558 --> 00:29:55,126
WOULD SAY MAKE A SHIFT BUT AT 

779
00:29:55,126 --> 00:29:57,829
THIS CONSIDERATION TO THEIR 

780
00:29:57,829 --> 00:30:00,498
CALCULATIONS AROUND PER UNIT, 

781
00:30:00,498 --> 00:30:01,299
PER BEDROOM, INVESTMENTS, WHICH 

782
00:30:01,299 --> 00:30:11,809
IS A POSITIVE DEVELOPMENT. SO 

783
00:30:13,511 --> 00:30:14,579
LOOKING AT HOW MUCH YOU ARE 

784
00:30:14,579 --> 00:30:15,513
INVESTING AND MAKING SURE YOU 

785
00:30:15,513 --> 00:30:16,147
ARE ADDRESSING THOSE 

786
00:30:16,147 --> 00:30:16,981
LARGER-SIZED HOMES IS VERY, VERY

787
00:30:16,981 --> 00:30:17,982
IMPORTANT. AT LEAST KING COUNTY 

788
00:30:17,982 --> 00:30:19,384
IS LOOKING AT THIS. THIS HAS 

789
00:30:19,384 --> 00:30:20,618
BEEN PART OF THE MISSION AS WELL

790
00:30:20,618 --> 00:30:22,053
BECAUSE IT HAS IMPACTED SOME 

791
00:30:22,053 --> 00:30:23,688
PROJECTS WHERE WE HAVE UNIT 

792
00:30:23,688 --> 00:30:29,827
THRESHOLDS AND WHEN WE CONVERT 

793
00:30:29,827 --> 00:30:30,962
SINGLE UNIT. SOMETIMES THAT CAN 

794
00:30:30,962 --> 00:30:36,668
CHANGE THE NUMBER OF UNITS THERE

795
00:30:36,668 --> 00:30:37,502
IS A PARTICULAR PROJECT EXAMPLE 

796
00:30:37,502 --> 00:30:41,339
LAST YEAR WHEN THIS CAME INTO 

797
00:30:41,339 --> 00:30:42,607
PLAY AND IT BECAME POINT OF KIND

798
00:30:42,607 --> 00:30:49,080
OF INTENSE CONVERSATION BECAUSE 

799
00:30:49,080 --> 00:30:50,348
WE REALLY WANT TO BE SUPPORTING 

800
00:30:50,348 --> 00:30:51,149
FAMILY-SIZED HOUSING IN THE 

801
00:30:51,149 --> 00:30:52,083
LARGER DEVELOPMENT AND MAKING 

802
00:30:52,083 --> 00:30:53,284
SURE WE'RE NOT EXCLUDING THOSE 

803
00:30:53,284 --> 00:30:58,790
TYPES OF PROJECTS WITH, 

804
00:30:58,790 --> 00:30:59,457
UNINTENTIONALLY, WITH THRESHOLDS

805
00:30:59,457 --> 00:31:00,258
THAT WE SET. THESE ARE 

806
00:31:00,258 --> 00:31:01,326
CONTINUING. WE ARE GOING TO BE 

807
00:31:01,326 --> 00:31:02,594
TALKING MORE ABOUT THIS WITH OUR

808
00:31:02,594 --> 00:31:03,828
PARTNER FUNDERS. BUT WE ARE 

809
00:31:03,828 --> 00:31:05,063
DEFINITELY TAKING THIS ON IN THE

810
00:31:05,063 --> 00:31:08,333
WORK WE ARE DOING TO MAKE THIS 

811
00:31:08,333 --> 00:31:09,734
SHIFT OVER THE YEARS AS WE HEAD 

812
00:31:09,734 --> 00:31:10,902
INTO 2030 AND THE NEXT HOUSING 

813
00:31:10,902 --> 00:31:11,169
LEVY. 

814
00:31:11,169 --> 00:31:17,442
>> THANK YOU. THAT IS GREAT TO 

815
00:31:17,442 --> 00:31:22,080
HEAR. ANYTHING. AND IT IS NOT 

816
00:31:22,080 --> 00:31:22,747
NECESSARILY IN THESE POLICIES 

817
00:31:22,747 --> 00:31:24,015
PER SE. BUT ANY SORT OF OVERVIEW

818
00:31:24,015 --> 00:31:28,720
YOU CAN GIVE IN TERMS OF THE 

819
00:31:28,720 --> 00:31:30,154
STATE OF WHERE WE ARE AT IN 

820
00:31:30,154 --> 00:31:31,389
TERMS OF WE ARE HEARING HOUSING 

821
00:31:31,389 --> 00:31:32,757
PROVIDERS WHO ARE SORT OF 

822
00:31:32,757 --> 00:31:34,959
STRUGGLING WITH OPERATIONAL 

823
00:31:34,959 --> 00:31:36,694
COSTS AND SORT OF THE TENSION 

824
00:31:36,694 --> 00:31:41,399
WITH, YOU KNOW, NEW PRODUCTION 

825
00:31:41,399 --> 00:31:42,467
VERSUS PRESERVATION AND 

826
00:31:42,467 --> 00:31:45,436
MAINTENANCE AND ALSO JUST 

827
00:31:45,436 --> 00:31:46,404
KEEPING OUR AFFORDABLE HOUSING 

828
00:31:46,404 --> 00:31:52,110
PROVIDERS. MAKING SURE THAT THEY

829
00:31:52,110 --> 00:31:54,178
HAVE ROBUST BALANCE SHEETS SO 

830
00:31:54,178 --> 00:31:55,747
THAT THEY CAN PRODUCE NEW 

831
00:31:55,747 --> 00:31:59,917
HOUSING. WE KNOW LENDERS AND 

832
00:31:59,917 --> 00:32:00,752
INVESTORS, IF THEIR BALANCE 

833
00:32:00,752 --> 00:32:01,753
SHEETS ARE NOT DOING GREAT, 

834
00:32:01,753 --> 00:32:02,887
EITHER THE INTEREST RATES ARE 

835
00:32:02,887 --> 00:32:06,190
GOING TO BE HIGHER OR THE 

836
00:32:06,190 --> 00:32:06,991
INVESTORS JUST WON'T INVEST. 

837
00:32:06,991 --> 00:32:08,226
ANYTHING YOU CAN SHARE IN TERMS 

838
00:32:08,226 --> 00:32:09,694
OF, I KNOW THIS IS AN ONGOING 

839
00:32:09,694 --> 00:32:15,933
QUESTION, BUT ANY LATEST AND 

840
00:32:15,933 --> 00:32:18,102
GREATEST? 

841
00:32:18,102 --> 00:32:19,404
>> WE WILL BE SUBMITTING A 

842
00:32:19,404 --> 00:32:20,104
STATEMENT OF LEGISLATIVE INTENT 

843
00:32:20,104 --> 00:32:21,372
RESPONSE AT THE END OF THIS 

844
00:32:21,372 --> 00:32:22,607
MONTH THAT SPEAKS TO THIS TO 

845
00:32:22,607 --> 00:32:26,577
SOME EXTENT. BUT WE ARE ALWAYS 

846
00:32:26,577 --> 00:32:30,114
STRIVING TO BALANCE OUR 

847
00:32:30,114 --> 00:32:31,416
INVESTMENTS. AND WE BELIEVE WE 

848
00:32:31,416 --> 00:32:32,383
NEED TO HOUSING. WE SEE HOW 

849
00:32:32,383 --> 00:32:35,153
GREAT THE NEED IS. WE NEED NEW 

850
00:32:35,153 --> 00:32:35,920
HOUSING AND THERE ARE 

851
00:32:35,920 --> 00:32:38,523
EXTRAORDINARY NEEDS WITHIN THE 

852
00:32:38,523 --> 00:32:39,357
EXISTING SECTOR AND OUR 

853
00:32:39,357 --> 00:32:44,028
INVESTMENTS IN THE PORTFOLIO. WE

854
00:32:44,028 --> 00:32:45,263
ARE TRYING TO BALANCE HOW WE 

855
00:32:45,263 --> 00:32:48,733
ADMINISTER OUR FUNDS TO ADDRESS 

856
00:32:48,733 --> 00:32:51,002
THE CHALLENGES IN MULTIPLE WAYS.

857
00:32:51,002 --> 00:32:56,874
IT'S DIFFICULT. OUR BUDGET HAS 

858
00:32:56,874 --> 00:32:58,543
GROWN. AND COSTS HAVE INCREASED 

859
00:32:58,543 --> 00:32:59,777
SIGNIFICANTLY. SO THE DOLLARS DO

860
00:32:59,777 --> 00:33:04,248
NOT SPREAD AS FAR AS THEY USE 

861
00:33:04,248 --> 00:33:05,116
TO. IT'S CHALLENGING TO STRIKE 

862
00:33:05,116 --> 00:33:06,317
THE RIGHT BALANCE. WE DO THE 

863
00:33:06,317 --> 00:33:10,188
BEST THAT WE CAN TO LISTEN TO 

864
00:33:10,188 --> 00:33:11,422
PROVIDERS. WE ARE LOOKING AT THE

865
00:33:11,422 --> 00:33:12,657
DATA MORE AND MORE. WE ARE 

866
00:33:12,657 --> 00:33:13,691
ASKING FOR BETTER QUALITY DATA 

867
00:33:13,691 --> 00:33:15,026
SO WE CAN BETTER ASSESS THE 

868
00:33:15,026 --> 00:33:16,160
STATE OF OUR PORTFOLIO AND MAKE 

869
00:33:16,160 --> 00:33:19,630
SMART DECISIONS WITH OUR 

870
00:33:19,630 --> 00:33:20,665
INVESTMENTS. WE HAVE NOT YET 

871
00:33:20,665 --> 00:33:22,667
FORMALLY ANNOUNCED OUR 2026 

872
00:33:22,667 --> 00:33:29,073
NOFA, BUT WE ARE SIGNALING IT 

873
00:33:29,073 --> 00:33:29,841
WILL HAVE A SIMILAR 

874
00:33:29,841 --> 00:33:34,946
THREE-CATEGORY STRUCTURE 

875
00:33:34,946 --> 00:33:38,583
POTENTIALLY. WE DON'T KNOW FOR 

876
00:33:38,583 --> 00:33:40,084
SURE YET BUT THAT HAS BEEN THE 

877
00:33:40,084 --> 00:33:41,185
STATE OF INTENT FOR SOME TIME 

878
00:33:41,185 --> 00:33:42,453
THAT WE WOULD STRIVE FOR THAT. 

879
00:33:42,453 --> 00:33:43,488
CERTAINLY YOU ARE WANTING TO 

880
00:33:43,488 --> 00:33:44,222
BALANCE NEW PRODUCTION 

881
00:33:44,222 --> 00:33:44,822
INVESTMENTS AND PRESERVATION 

882
00:33:44,822 --> 00:33:45,156
INVESTMENTS. 

883
00:33:45,156 --> 00:33:47,158
>> THANK YOU. ONE LAST QUESTION.

884
00:33:47,158 --> 00:33:50,228
I WAS RAISING THIS QUESTION 

885
00:33:50,228 --> 00:33:53,931
EARLIER. WE HAD A PRESENTATION 

886
00:33:53,931 --> 00:33:57,035
ON EDUCATION AND EARLY LEARNING.

887
00:33:57,035 --> 00:33:59,937
JUST KIND OF AN ONGOING CONCERN 

888
00:33:59,937 --> 00:34:02,807
I HAD IN TERMS OF OUR 

889
00:34:02,807 --> 00:34:03,808
SEGREGATION ACROSS THE CITY IN 

890
00:34:03,808 --> 00:34:06,878
TERMS OF OUTCOMES FOR FAMILIES 

891
00:34:06,878 --> 00:34:11,349
AND THE POTENTIAL IMPACTS OF 

892
00:34:11,349 --> 00:34:18,222
CONCENTRATED POVERTY. AND SO I 

893
00:34:18,222 --> 00:34:20,591
PUT IT ON THE RADAR FOR 

894
00:34:20,591 --> 00:34:21,225
DEPARTMENT OF EDUCATION AND 

895
00:34:21,225 --> 00:34:22,326
EARLY LEARNING. JUST WANT TO PUT

896
00:34:22,326 --> 00:34:27,098
IT ON YOUR RADAR AS WELL. I 

897
00:34:27,098 --> 00:34:28,065
THINK I'LL JUST BE INTERESTED 

898
00:34:28,065 --> 00:34:29,100
TO UNDERSTAND IF THERE'S THINGS

899
00:34:29,100 --> 00:34:30,701
WE CAN DO BETTER IN TERMS OF OUR

900
00:34:30,701 --> 00:34:33,404
HOUSING INVESTMENTS TO BE -- TO 

901
00:34:33,404 --> 00:34:34,205
COORDINATE WITH SEATTLE PUBLIC 

902
00:34:34,205 --> 00:34:38,009
SCHOOLS, IN TERMS OF THEIR SORT 

903
00:34:38,009 --> 00:34:39,277
OF LONG-RANGE. I KNOW WE DO SOME

904
00:34:39,277 --> 00:34:40,545
OF THIS IN TERMS OF THEIR 

905
00:34:40,545 --> 00:34:42,580
LONG-RANGE AND PLANNING. BUT 

906
00:34:42,580 --> 00:34:46,717
SPECIFICALLY THINKING ABOUT MORE

907
00:34:46,717 --> 00:34:47,251
INTEGRATED SCHOOLS AND 

908
00:34:47,251 --> 00:34:47,885
ADDRESSING THE ECONOMIC 

909
00:34:47,885 --> 00:34:52,857
SEGREGATION IN OUR SCHOOLS. 

910
00:34:52,857 --> 00:34:53,825
THROUGH SOME OF OUR HOUSING 

911
00:34:53,825 --> 00:34:54,559
INVESTMENTS OR OUR LONG-RANGE 

912
00:34:54,559 --> 00:34:58,629
SORT OF PLAN. YOU KNOW? IF THERE

913
00:34:58,629 --> 00:35:01,065
WAS ANY DATA ABOUT SORT OF THE, 

914
00:35:01,065 --> 00:35:07,305
YOU KNOW, PROS OR CONS OF ONE WE

915
00:35:07,305 --> 00:35:08,239
HAVE CONCENTRATED POVERTY IN OUR

916
00:35:08,239 --> 00:35:09,040
NEIGHBORHOODS, WHETHER THAT'S 

917
00:35:09,040 --> 00:35:14,312
OUTCOMES FOR OUR RESIDENTS OR, 

918
00:35:14,312 --> 00:35:15,279
YOU KNOW, EDUCATIONAL OUTCOMES 

919
00:35:15,279 --> 00:35:21,686
FOR THE STUDENTS. JUST DON'T 

920
00:35:21,686 --> 00:35:23,054
REALLY NEED A RESPONSE BUT WANT 

921
00:35:23,054 --> 00:35:24,322
TO PUT THAT OUT THERE AS WE 

922
00:35:24,322 --> 00:35:25,756
START TO LOOK AT OUR NEXT NOFA 

923
00:35:25,756 --> 00:35:36,167
AND ONGOING LONG-TERM . 

924
00:35:42,340 --> 00:35:43,174
>> I WILL BRIEFLY RESPOND THEN. 

925
00:35:43,174 --> 00:35:44,075
WE DO HAVE TEAM MEMBERS WORKING 

926
00:35:44,075 --> 00:35:45,109
WITH SEATTLE PUBLIC SCHOOLS AND 

927
00:35:45,109 --> 00:35:46,210
THERE IS A LOT OF CONVERSATION 

928
00:35:46,210 --> 00:35:47,278
HAPPENING ON THE DATA FRONT 

929
00:35:47,278 --> 00:35:48,446
THERE. THEY HAVE TOLD US THAT 

930
00:35:48,446 --> 00:35:49,514
THE TYPE OF HOUSING THAT 

931
00:35:49,514 --> 00:35:50,515
PRODUCES THE MOST STUDENTS IN 

932
00:35:50,515 --> 00:35:51,516
SEATTLE PUBLIC SCHOOLS IS OVER 

933
00:35:51,516 --> 00:35:52,950
HOUSING. SO THEY ARE USING A 

934
00:35:52,950 --> 00:35:54,018
HIGHER PER CAPITA OF STUDENTS 

935
00:35:54,018 --> 00:35:55,186
FROM THE TYPE OF HOUSING WE 

936
00:35:55,186 --> 00:35:56,187
INVEST IN AND SEATTLE HOUSING 

937
00:35:56,187 --> 00:35:57,588
AUTHORITY AND OTHERS. SO THIS 

938
00:35:57,588 --> 00:35:59,257
REALLY DOES MATTER. WE STRUGGLE.

939
00:35:59,257 --> 00:36:00,358
WE ARE DEFINITELY LOOKING AT OUR

940
00:36:00,358 --> 00:36:02,760
MAPS AND WE ARE HAVING A LOT OF 

941
00:36:02,760 --> 00:36:03,594
CONVERSATIONS. ABOUT WHERE WE 

942
00:36:03,594 --> 00:36:07,031
PLACE OUR INVESTMENTS. WHERE WE 

943
00:36:07,031 --> 00:36:08,199
HAVE A LOT OF INVESTMENTS. WE 

944
00:36:08,199 --> 00:36:10,268
ARE STRIVING TO SEE NEW PARTS OF

945
00:36:10,268 --> 00:36:16,908
THE CITY WHERE WE DO NOT 

946
00:36:16,908 --> 00:36:17,775
HISTORICALLY HAVE A LOT OF 

947
00:36:17,775 --> 00:36:18,609
INVESTMENTS. WE HAVE ACTUALLY 

948
00:36:18,609 --> 00:36:19,844
TALKED ABOUT THIS AS WELL WITH 

949
00:36:19,844 --> 00:36:24,715
OUR PARTNERS AT SEATTLE PUBLIC 

950
00:36:24,715 --> 00:36:25,716
HOUSING. THIS IS IMPORTANT. WE 

951
00:36:25,716 --> 00:36:26,951
DON'T HAVE ANY ANSWERS YET, BUT

952
00:36:26,951 --> 00:36:27,985
WE ARE WORKING WITH THE 

953
00:36:27,985 --> 00:36:29,053
UNIVERSITY OF WASHINGTON. WE ARE

954
00:36:29,053 --> 00:36:30,421
TRYING TO DO A BETTER JOB WITH 

955
00:36:30,421 --> 00:36:31,255
GEOGRAPHIC INVESTMENTS AS WELL. 

956
00:36:31,389 --> 00:36:35,059
>> THANK YOU. 

957
00:36:35,059 --> 00:36:36,427
>> THANK YOU SO MUCH FOR THOSE 

958
00:36:36,427 --> 00:36:37,028
FANTASTIC QUESTIONS, COUNCIL 

959
00:36:37,028 --> 00:36:40,565
MEMBER LIN. COUNCIL MEMBER 

960
00:36:40,565 --> 00:36:41,199
RINCK, YOU'RE RECOGNIZED. 

961
00:36:41,199 --> 00:36:42,433
>> THANK YOU, CHAIR FOSTER. AT 

962
00:36:42,433 --> 00:36:48,306
THE TOP I WANT TO STATE WHAT AN 

963
00:36:48,306 --> 00:36:49,373
INCREDIBLE THING IT IS WE HAVE 

964
00:36:49,373 --> 00:36:50,374
HOUSING LEVY. WE HAVE JUMPSTART.

965
00:36:50,374 --> 00:36:54,845
AND TO MHA TO GO BUILDING 

966
00:36:54,845 --> 00:36:55,613
AFFORDABLE HOUSING. AND AS THE 

967
00:36:55,613 --> 00:36:56,681
CHAIR STATED AT THE BEGINNING OF

968
00:36:56,681 --> 00:37:00,718
THIS MEETING, THE REGION'S 

969
00:37:00,718 --> 00:37:01,552
LEADING THE COUNTRY IN 

970
00:37:01,552 --> 00:37:02,386
AFFORDABLE UNIT PRODUCTION. 

971
00:37:02,386 --> 00:37:03,221
THAT'S SOMETHING THAT SHOULD BE

972
00:37:03,221 --> 00:37:04,222
CELEBRATED. AND I SAY THAT 

973
00:37:04,222 --> 00:37:05,022
CELEBRATION ALSO WITH FULL 

974
00:37:05,022 --> 00:37:08,726
RECOGNITION OF THE CHALLENGES 

975
00:37:08,726 --> 00:37:09,727
THAT ARE FACING OUR AFFORDABLE 

976
00:37:09,727 --> 00:37:10,895
HOUSING SECTOR THAT WE OFTEN 

977
00:37:10,895 --> 00:37:12,530
UNPACK IN THIS COMMITTEE. AND 

978
00:37:12,530 --> 00:37:17,401
ONE OF THOSE CHALLENGES IN THIS 

979
00:37:17,401 --> 00:37:22,573
DISCUSSION IS HOW SMALL 

980
00:37:22,573 --> 00:37:23,174
COMMUNITY-BASED ORGANIZATIONS 

981
00:37:23,174 --> 00:37:24,041
ARE ABLE TO ACCESS FUNDING 

982
00:37:24,041 --> 00:37:30,815
THROUGH OFFICE OF HOUSING. AND, 

983
00:37:30,815 --> 00:37:31,549
SPEAKING BROADLY, THIS IS 

984
00:37:31,549 --> 00:37:32,683
SOMETHING THAT I BELIEVE CITIES 

985
00:37:32,683 --> 00:37:33,718
AND GOVERNMENT IN GENERAL ARE 

986
00:37:33,718 --> 00:37:36,253
ALWAYS TRYING TO FIND WAYS TO 

987
00:37:36,253 --> 00:37:37,054
OPEN UP OPPORTUNITIES FOR 

988
00:37:37,054 --> 00:37:37,855
SMALLER ORGANIZATIONS AND FOLKS 

989
00:37:37,855 --> 00:37:39,290
WHO HAVE NOT BEEN ABLE TO SECURE

990
00:37:39,290 --> 00:37:42,727
PUBLIC FUNDING TO ADVANCE 

991
00:37:42,727 --> 00:37:44,161
PROJECTS. AND, AS WE KNOW IN THE

992
00:37:44,161 --> 00:37:46,831
AFFORDABLE HOUSING WORLD, OFTEN 

993
00:37:46,831 --> 00:37:50,101
TIME THE CITY IS FIRST-DOLLAR 

994
00:37:50,101 --> 00:37:51,535
IN. OFTEN IS A PREDECESSOR STEP 

995
00:37:51,535 --> 00:37:54,605
TO BEING ABLE TO UNLOCK THROUGH 

996
00:37:54,605 --> 00:37:55,539
THE COUNTY OR THROUGH 

997
00:37:55,539 --> 00:38:03,280
PHILANTHROPY. I KNOW IN MY 

998
00:38:03,280 --> 00:38:03,981
OFFICE'S CONVERSATIONS WITH A 

999
00:38:03,981 --> 00:38:04,815
NUMBER OF SMALLER ORGANIZATIONS,

1000
00:38:04,815 --> 00:38:06,150
THEY ARE BEING DIRECTED TO DO A 

1001
00:38:06,150 --> 00:38:07,418
NUMBER OF THINGS IN ORDER TO 

1002
00:38:07,418 --> 00:38:09,220
KIND OF HAVE A CHANCE FROM BEING

1003
00:38:09,220 --> 00:38:10,388
TOLD TO PARTNER WITH THE 

1004
00:38:10,388 --> 00:38:11,889
DEVELOPER. AND WHEN THEY DO, 

1005
00:38:11,889 --> 00:38:15,126
THEY ARE TOLD TO PICK A 

1006
00:38:15,126 --> 00:38:16,127
DIFFERENT ONE. BEING ASKED A 

1007
00:38:16,127 --> 00:38:17,995
NUMBER OF REQUIREMENTS IN TERMS 

1008
00:38:17,995 --> 00:38:24,268
OF HOW WE CAN TRY TO BE SHOVEL 

1009
00:38:24,268 --> 00:38:25,469
READY. LEAVE A CERTAIN LEVEL OF 

1010
00:38:25,469 --> 00:38:26,404
FUNDING TO RECEIVE O.H. DOLLARS.

1011
00:38:26,404 --> 00:38:27,805
AT THE SAME TIME BEING TOLD BY 

1012
00:38:27,805 --> 00:38:28,606
PRIVATE INVESTORS THEY WON'T 

1013
00:38:28,606 --> 00:38:39,150
GET INVOLVED UNTIL FIRST. THAT 

1014
00:38:43,888 --> 00:38:45,156
TAKES TIME. WE KNOW IN TIME IN 

1015
00:38:45,156 --> 00:38:46,590
THIS WORLD COST KEN RICE. 

1016
00:38:46,590 --> 00:38:47,425
PROPERTY TAXES CAN PILE UP. THE 

1017
00:38:47,425 --> 00:38:48,259
NEED FOR AFFORDABLE HOUSING 

1018
00:38:48,259 --> 00:38:49,527
CONTINUES TO SOAR. I WORRY ABOUT

1019
00:38:49,527 --> 00:38:50,961
THE HARM TO THOSE ORGANIZATIONS,

1020
00:38:50,961 --> 00:38:52,396
TOO, AS THEY ARE STUCK IN A 

1021
00:38:52,396 --> 00:38:53,564
PROJECT AND HAVING TO INCUR COST

1022
00:38:53,564 --> 00:38:54,598
TO KEEP SOMETHING ALIVE WITHOUT 

1023
00:38:54,598 --> 00:38:55,433
FUNDING GOING TOWARD BUILDING 

1024
00:38:55,433 --> 00:38:56,834
HOUSING. SO I UP WITH THAT KIND 

1025
00:38:56,834 --> 00:38:58,469
OF STRUCTURAL SYSTEMS ISSUE AS A

1026
00:38:58,469 --> 00:39:00,871
PLAN BEFORE US BECAUSE I 

1027
00:39:00,871 --> 00:39:02,273
UNDERSTAND WHAT IS BEFORE US. 

1028
00:39:02,273 --> 00:39:10,114
VERY TECHNICAL CHANGES. I DO 

1029
00:39:10,114 --> 00:39:11,115
THINK THE TOPIC OF HOUSING 

1030
00:39:11,115 --> 00:39:12,149
FUNDING POLICIES DOES INVITE US 

1031
00:39:12,149 --> 00:39:13,351
TO TALK ABOUT HOW OUR INTERNAL 

1032
00:39:13,351 --> 00:39:14,585
POLICIES ARE GETTING AT SOME OF 

1033
00:39:14,585 --> 00:39:15,386
THOSE MORE SYSTEMIC PIECES. 

1034
00:39:15,386 --> 00:39:16,887
BECAUSE I THINK WE CAN AGREE WE 

1035
00:39:16,887 --> 00:39:18,122
WANT PROJECTS TO MOVE FORWARD. 

1036
00:39:18,122 --> 00:39:19,290
WE WANT A SYSTEM THAT INITIALLY 

1037
00:39:19,290 --> 00:39:25,629
MEETING THE NEEDS. I'M 

1038
00:39:25,629 --> 00:39:26,731
WONDERING HOW MUCH THE POLICIES 

1039
00:39:26,731 --> 00:39:27,865
BEFORE US IN A TECHNICAL WAY 

1040
00:39:27,865 --> 00:39:28,666
COULD ADDRESS WERE START 

1041
00:39:28,666 --> 00:39:29,867
REMEDYING SOME OF THE THINGS I 

1042
00:39:29,867 --> 00:39:32,636
TOUCHED ON THERE. AND, BROADLY, 

1043
00:39:32,636 --> 00:39:33,704
HOW WE MIGHT GO ABOUT ADDRESSING

1044
00:39:33,704 --> 00:39:34,371
SOMEBODY'S STRUCTURAL CHANGES 

1045
00:39:34,371 --> 00:39:44,782
MOVING BEYOND JUST THE 

1046
00:39:46,250 --> 00:39:46,917
LEGISLATION BEFORE US. THAT WAS 

1047
00:39:46,917 --> 00:39:48,018
MEATY. I KNOW. THANK YOU FOR 

1048
00:39:48,018 --> 00:39:49,120
INDULGING, CHAIR. ANYTHING YOU 

1049
00:39:49,120 --> 00:39:49,954
COULD SPEAK TO ON THAT? 

1050
00:39:49,954 --> 00:39:50,654
>> WE 

1051
00:39:54,992 --> 00:39:55,559
IT IS IMPORTANT TO ACKNOWLEDGE 

1052
00:39:55,559 --> 00:39:56,127
THERE HAVE BEEN A NUMBER OF 

1053
00:39:56,127 --> 00:39:56,727
SUCCESSES AND THERE HAVE BEEN 

1054
00:39:56,727 --> 00:39:57,328
VERY SUCCESSFUL COMMUNITIES, 

1055
00:39:57,328 --> 00:39:57,962
ORGANIZATIONS, THAT HAVE BUILT 

1056
00:39:57,962 --> 00:39:59,096
HOUSING IN THEIR COMMUNITIES FOR

1057
00:39:59,096 --> 00:40:00,364
THE PEOPLE THAT THEY SERVE AND 

1058
00:40:00,364 --> 00:40:08,539
NOW HAVE BECOME SOME OF OUR MORE

1059
00:40:08,539 --> 00:40:09,807
STANDARD DEVELOPERS THAT ARE 

1060
00:40:09,807 --> 00:40:10,808
COMING THROUGH AND APPLYING FOR 

1061
00:40:10,808 --> 00:40:14,578
FUNDING. WE DID LAUNCH THE 

1062
00:40:14,578 --> 00:40:15,179
COMMUNITY SELF DETERMINATION 

1063
00:40:15,179 --> 00:40:15,713
BOND WITH THE JUMPSTART 

1064
00:40:15,713 --> 00:40:16,514
RESOURCES THAT CAME THROUGH, 

1065
00:40:16,514 --> 00:40:17,982
WHICH WAS INTENDED TO ALLOW A 

1066
00:40:17,982 --> 00:40:28,392
SEPARATE PATH FOR NEWER 

1067
00:40:28,826 --> 00:40:29,527
COMMUNITY-BASED ORGANIZATIONS TO

1068
00:40:29,527 --> 00:40:30,528
PURSUE OFFICE OF HOUSING FUNDING

1069
00:40:30,528 --> 00:40:31,328
BY PARTICIPATING IN A 

1070
00:40:31,328 --> 00:40:31,896
CAPACITY-BUILDING TECHNICAL 

1071
00:40:31,896 --> 00:40:32,530
ASSISTANCE GRANT PROGRAM THAT 

1072
00:40:32,530 --> 00:40:35,699
WOULD THEN PREPARE THEM TO TAKE 

1073
00:40:35,699 --> 00:40:37,134
ON A BIGGER PROJECT AND BE ABLE 

1074
00:40:37,134 --> 00:40:39,937
TO COMPETE FOR OFFICE OF HOUSING

1075
00:40:39,937 --> 00:40:41,005
FUNDING WITHOUT A PARTNER, 

1076
00:40:41,005 --> 00:40:42,006
BECAUSE OUR TYPICAL POLICY IS 

1077
00:40:42,006 --> 00:40:43,040
YOU MUST HAVE A PARTNERSHIP. 

1078
00:40:43,040 --> 00:40:46,143
THREE PROJECTS TO COMMIT TO 

1079
00:40:46,143 --> 00:40:52,817
OFFICE OF HOUSING FUNDING. THE 

1080
00:40:52,817 --> 00:40:53,484
SELF-DETERMINATION FUND ALLOWS A

1081
00:40:53,484 --> 00:40:54,251
DIFFERENT PATH, BUT IT DOES 

1082
00:40:54,251 --> 00:40:59,390
REQUIRE TIME TO GO THROUGH 

1083
00:40:59,390 --> 00:41:00,391
UPDATING BYLAWS, WORKING IN YOUR

1084
00:41:00,391 --> 00:41:01,192
CAPACITY, MAKING SURE YOU'RE 

1085
00:41:01,192 --> 00:41:02,760
READY TO TAKE ON SUCH A 

1086
00:41:02,760 --> 00:41:05,696
SIGNIFICANT FINANCIAL 

1087
00:41:05,696 --> 00:41:06,597
OBLIGATION, AND WORK THROUGH 

1088
00:41:06,597 --> 00:41:07,631
THAT WHOLE PROCESS. IT'S US. 

1089
00:41:07,631 --> 00:41:11,235
IT'S THE BANKS. THE OTHER 

1090
00:41:11,235 --> 00:41:12,036
PUBLIC FUNDERS. IT'S A VERY 

1091
00:41:12,036 --> 00:41:12,870
SERIOUS PROCESS. THEN OPERATED 

1092
00:41:12,870 --> 00:41:15,973
FOR 50 YEARS. SO WE TAKE IT 

1093
00:41:15,973 --> 00:41:16,974
SERIOUSLY. THAT'S WHERE WE HAVE

1094
00:41:16,974 --> 00:41:22,012
CHANGED OUR POLICIES OF THE LAST

1095
00:41:22,012 --> 00:41:22,847
SEVERAL YEARS. IT'S STILL 

1096
00:41:22,847 --> 00:41:23,647
DIFFICULT FOR SOME SMALLER 

1097
00:41:23,647 --> 00:41:25,082
ORGANIZATIONS TO ENTER. SO WE 

1098
00:41:25,082 --> 00:41:30,054
NEED TO KEEP DOING BETTER. WE 

1099
00:41:30,054 --> 00:41:30,955
ARE LEARNING STILL FROM THESE 

1100
00:41:30,955 --> 00:41:36,260
INVESTMENTS IN THE COMMUNITY 

1101
00:41:36,260 --> 00:41:36,927
SELF-DETERMINATION FUND. IT WILL

1102
00:41:36,927 --> 00:41:37,728
BE INTERESTING TO SEE WHAT 

1103
00:41:37,728 --> 00:41:38,796
HAPPENS IN THE YEARS AHEAD. 

1104
00:41:38,796 --> 00:41:40,931
>> THANK YOU SO MUCH FOR THAT 

1105
00:41:40,931 --> 00:41:42,166
RESPONSE. THAT DOVETAILS REALLY 

1106
00:41:42,166 --> 00:41:42,800
NICELY INTO MY NEXT QUESTION 

1107
00:41:42,800 --> 00:41:46,704
ABOUT SELF-DETERMINATION FUND. 

1108
00:41:46,704 --> 00:41:47,671
JUST FOR THE PURPOSES OF 

1109
00:41:47,671 --> 00:41:48,806
CLARIFICATION, WAS O.H. ABLE TO 

1110
00:41:48,806 --> 00:41:58,782
PROVIDE THE FULL AMOUNT OF 

1111
00:41:58,782 --> 00:41:59,884
ELIGIBLE IN 2025? AND ALSO, JUST

1112
00:41:59,884 --> 00:42:01,151
AS A REFRESHER, WHAT IS SUMMER 

1113
00:42:01,151 --> 00:42:01,752
2026? 

1114
00:42:05,656 --> 00:42:09,293
>> I WILL HAVE TO GET BACK TO ON

1115
00:42:09,293 --> 00:42:10,661
THE PROJECTS THAT RECEIVED THE 

1116
00:42:10,661 --> 00:42:11,829
2025 NOFA. ALSO ENTERPRISE 

1117
00:42:11,829 --> 00:42:13,030
COMMUNITY PARTNERS ADMINISTERS 

1118
00:42:13,030 --> 00:42:13,664
THE  TWO MILLION-DOLLAR GRANT 

1119
00:42:13,664 --> 00:42:16,634
AND CAPACITY BUILDING FUND. SO 

1120
00:42:16,634 --> 00:42:25,209
THAT DID OCCUR IN 2025. IN 2026,

1121
00:42:25,209 --> 00:42:26,877
I BELIEVE AROUND $20 MILLION. WE

1122
00:42:26,877 --> 00:42:28,012
CAN ALSO UPDATE YOU WITH THAT. 

1123
00:42:28,012 --> 00:42:29,113
>> THANK YOU SO MUCH. THANK YOU,

1124
00:42:29,113 --> 00:42:30,347
CHAIR. THANK YOU, COUNCIL MEMBER

1125
00:42:30,347 --> 00:42:32,349
RINCK. ARE THERE ANY OTHER 

1126
00:42:32,349 --> 00:42:35,853
QUESTIONS FROM COMMITTEE 

1127
00:42:35,853 --> 00:42:37,021
MEMBERS? OKAY. I THOUGHT I SAW 

1128
00:42:37,021 --> 00:42:39,657
COUNCIL PRESIDENT'S HAND. THANK

1129
00:42:39,657 --> 00:42:43,661
YOU SO MUCH FOR THE WORK COMING 

1130
00:42:43,661 --> 00:42:44,828
INTO TODAY. I KNOW WE ARE 

1131
00:42:44,828 --> 00:42:45,996
FOCUSED ON HOUSING FUNDING 

1132
00:42:45,996 --> 00:42:54,071
POLICIES. EXCUSE ME. CAN YOU 

1133
00:42:54,071 --> 00:42:55,773
JUST TALK A LITTLE BIT MORE? I 

1134
00:42:55,773 --> 00:42:56,807
THINK WE STARTED TO GET IN THIS 

1135
00:42:56,807 --> 00:43:00,044
TOWARDS THE END OF YOUR COMMENTS

1136
00:43:00,044 --> 00:43:00,878
ABOUT THE POLICY SORT OF GOVERNS

1137
00:43:00,878 --> 00:43:02,413
THE MAXIMUM ALLOWABLE AMOUNT OF 

1138
00:43:02,413 --> 00:43:09,019
OPERATING AND MAINTENANCE OF OMS

1139
00:43:09,019 --> 00:43:11,622
DOLLARS. IF SO, TO WHAT EXTENT 

1140
00:43:11,622 --> 00:43:12,089
THE HFP COVERS THAT? 

1141
00:43:12,089 --> 00:43:15,359
>> YES. 

1142
00:43:15,359 --> 00:43:16,927
>> NATHAN, YOU MAY NEED TO HELP 

1143
00:43:16,927 --> 00:43:22,166
ME HERE. THE PER-UNIT LIMITS ON 

1144
00:43:22,166 --> 00:43:23,667
ALL MESSAGE EXIST IN THE HOUSING

1145
00:43:23,667 --> 00:43:25,269
LEVY. SO I BELIEVE THOSE ARE IN 

1146
00:43:25,269 --> 00:43:28,572
THE HOUSING PLAN. WE DO NOT HAVE

1147
00:43:28,572 --> 00:43:37,114
FORMAL CAPS FOR JUMPSTART OMS. 

1148
00:43:37,114 --> 00:43:38,716
JUMPSTART OMS IS MEANT TO BE A 

1149
00:43:38,716 --> 00:43:39,850
GAP FILLER THAT COMES IN AT THE 

1150
00:43:39,850 --> 00:43:41,285
VERY END WHEN ALL OF YOUR FUND 

1151
00:43:41,285 --> 00:43:42,486
SOURCES HAVE BEEN COMPETED FOR 

1152
00:43:42,486 --> 00:43:43,854
AND, YOU KNOW, THEY ARE TRYING 

1153
00:43:43,854 --> 00:43:44,922
TO BRING EVERY POSSIBLE THING TO

1154
00:43:44,922 --> 00:43:50,094
THAT PROJECT TO MAKE IT WORK. SO

1155
00:43:50,094 --> 00:43:51,095
JUMPSTART IS FLEXIBLE AND THE 

1156
00:43:51,095 --> 00:43:51,729
PER-UNIT CONTRIBUTIONS VERY, 

1157
00:43:51,729 --> 00:43:52,730
ALTHOUGH IN RECENT YEARS THEY 

1158
00:43:52,730 --> 00:43:56,400
HAVE BECOME QUITE HIGH AS ALL 

1159
00:43:56,400 --> 00:43:57,368
OTHER FUND SOURCES HAVE BECOME 

1160
00:43:57,368 --> 00:43:58,235
SUBSCRIBED AND ARE STARTING TO 

1161
00:43:58,235 --> 00:44:04,141
ATTRACT. SO RECENT PROJECTS, 

1162
00:44:04,141 --> 00:44:04,875
INCLUDING DESC. VERY EXCITING. 

1163
00:44:04,875 --> 00:44:06,577
HOPE TO SEE YOU THERE. JUMPSTART

1164
00:44:06,577 --> 00:44:11,048
OMS. COVERING NEARLY ALL OF THE 

1165
00:44:11,048 --> 00:44:15,252
ANNUAL BUDGET THERE. SO IS A 

1166
00:44:15,252 --> 00:44:19,857
HIGHER PER-UNIT COST THEN WE ARE

1167
00:44:19,857 --> 00:44:21,692
ACCUSTOMED TO. 

1168
00:44:21,692 --> 00:44:22,326
>> I WAS WAITING TO SEE, NATHAN,

1169
00:44:22,326 --> 00:44:28,365
IF YOU HAD TO JUMP IN BUT YOU 

1170
00:44:28,365 --> 00:44:32,936
DID IT . I THINK IT IS IMPORTANT

1171
00:44:32,936 --> 00:44:34,138
AND IS HELPFUL. YOU TALKED ABOUT

1172
00:44:34,138 --> 00:44:34,905
OTHER SOURCES RETRACTING. 

1173
00:44:34,905 --> 00:44:35,706
ESPECIALLY AS WE ARE THINKING 

1174
00:44:35,706 --> 00:44:36,507
ABOUT ENSURING STABILIZATION AND

1175
00:44:36,507 --> 00:44:37,408
STABILIZATION FOR OUR PSH 

1176
00:44:37,408 --> 00:44:39,176
PROVIDERS. I THINK THAT'S 

1177
00:44:39,176 --> 00:44:39,843
HELPFUL CONTEXT. THERE IS A 

1178
00:44:39,843 --> 00:44:40,844
SIGNIFICANT NEED THERE. SO THANK

1179
00:44:40,844 --> 00:44:50,421
YOU SO MUCH FOR THAT. OKAY. WE 

1180
00:44:50,421 --> 00:44:51,355
ARE GOING TO WRAP UP THIS 

1181
00:44:51,355 --> 00:44:52,556
PORTION. THANK YOU. THIS WAS ON 

1182
00:44:52,556 --> 00:44:53,457
TODAY'S BRIEFING AND 

1183
00:44:53,457 --> 00:44:54,124
DISCUSSION. WE LOOK FORWARD TO 

1184
00:44:54,124 --> 00:44:55,325
HAVING YOU BACK IN COMMITTEE FOR

1185
00:44:55,325 --> 00:45:01,865
FOLLOW-UP DISCUSSION AND VOTE 

1186
00:45:01,865 --> 00:45:03,233
SOON. AND, WITH THAT, WE WILL 

1187
00:45:03,233 --> 00:45:05,202
NOW MOVE ON TO ITEM TWO. CLERK, 

1188
00:45:05,202 --> 00:45:05,836
WILL YOU PLEASE READ ITEM TWO 

1189
00:45:05,836 --> 00:45:06,303
INTO THE RECORD? 

1190
00:45:06,303 --> 00:45:07,471
>> AGENDA ITEM TWO. RESOLUTION 

1191
00:45:07,471 --> 00:45:08,605
32209. SOLUTION FOR CHARTER 

1192
00:45:08,605 --> 00:45:09,139
AMENDMENTS. FOR BRIEFING, 

1193
00:45:09,139 --> 00:45:13,744
DISCUSSION, AND POSSIBLE. 

1194
00:45:13,744 --> 00:45:14,945
>> THANK YOU SO MUCH, CLERK. 

1195
00:45:14,945 --> 00:45:21,885
GOING TO INVITE UP TO THE TABLE 

1196
00:45:21,885 --> 00:45:23,253
JEN FROM CENTRAL STAFF. AND, 

1197
00:45:23,253 --> 00:45:24,421
JEN, BEFORE I ASK YOU TO 

1198
00:45:24,421 --> 00:45:25,355
INTRODUCE YOURSELF I WILL SHARE 

1199
00:45:25,355 --> 00:45:32,229
A FEW WORDS. THIS IS THE SECOND 

1200
00:45:32,229 --> 00:45:33,897
TIME WE HAVE HAD THIS ITEM IN 

1201
00:45:33,897 --> 00:45:34,631
COMMITTEE. I'M SO FORWARD TO 

1202
00:45:34,631 --> 00:45:35,299
BRINGING RESOLUTION TODAY. 

1203
00:45:35,299 --> 00:45:36,133
CHANGES TO THE CHARTER 

1204
00:45:36,133 --> 00:45:36,934
RECOMMENDED BY THE SEATTLE 

1205
00:45:36,934 --> 00:45:37,768
SOCIAL HOUSING DEVELOPER. WE 

1206
00:45:37,768 --> 00:45:39,136
KNOW THE CHANGES WE ARE 

1207
00:45:39,136 --> 00:45:40,104
CONSIDERING TODAY WILL HELP 

1208
00:45:40,104 --> 00:45:41,171
ENSURE THE DEVELOPER DELIVERS ON

1209
00:45:41,171 --> 00:45:42,840
THE PROMISE OF PERMANENTLY 

1210
00:45:42,840 --> 00:45:48,178
AFFORDABLE HOUSING IN SEATTLE. 

1211
00:45:48,178 --> 00:45:49,980
AND WE MAY HAVE ALREADY ALL SEEN

1212
00:45:49,980 --> 00:45:50,481
THAT THE SOCIAL HOUSING 

1213
00:45:50,481 --> 00:45:54,251
DEVELOPER RECENTLY ANNOUNCED 

1214
00:45:54,251 --> 00:45:55,519
THEIR PLAN -- ACTUALLY ANNOUNCED

1215
00:45:55,519 --> 00:45:56,120
THEIR FIRST ACQUISITION OF A 

1216
00:45:56,120 --> 00:46:02,426
PROPERTY WITH 150 APARTMENT 

1217
00:46:02,426 --> 00:46:04,428
UNITS. AND , SINCE THEN, SS HD 

1218
00:46:04,428 --> 00:46:05,429
HAS RECEIVED APPLICATIONS TO 

1219
00:46:05,429 --> 00:46:06,497
LIVE IN THE BUILDING WITH THE 

1220
00:46:06,497 --> 00:46:07,364
VAST MAJORITY OF THOSE 

1221
00:46:07,364 --> 00:46:08,298
APPLICANTS EARNING 30% OR LESS 

1222
00:46:08,298 --> 00:46:12,002
AREA MEDIAN INCOME. THAT 30% OR 

1223
00:46:12,002 --> 00:46:18,775
LESS OF AMI IS A SUBSET OF OUR 

1224
00:46:18,775 --> 00:46:21,678
POPULATION THAT WE NEED MORE 

1225
00:46:21,678 --> 00:46:23,013
HOUSING FOR IN PARTICULAR. 

1226
00:46:23,013 --> 00:46:23,680
ANYTHING BELOW 50% AND BELOW IS 

1227
00:46:23,680 --> 00:46:24,548
CRITICALLY IMPORTANT. I BELIEVE 

1228
00:46:24,548 --> 00:46:25,149
THIS FLOOD OF APPLICATIONS 

1229
00:46:25,149 --> 00:46:28,485
REALLY DEMONSTRATES BOTH THE 

1230
00:46:28,485 --> 00:46:29,119
RESIDENTS AND SOCIAL HOUSING AS 

1231
00:46:29,119 --> 00:46:30,254
WELL AS A DIRE NEED FOR MORE 

1232
00:46:30,254 --> 00:46:36,360
AFFORDABLE UNITS IN OUR CITY. 

1233
00:46:36,360 --> 00:46:37,861
THE CHANGES THAT WE ARE GOING TO

1234
00:46:37,861 --> 00:46:39,062
CONSIDER TODAY STEM FROM NEEDS 

1235
00:46:39,062 --> 00:46:39,997
OF THE SOCIAL HOUSING DEVELOPER 

1236
00:46:39,997 --> 00:46:40,964
IDENTIFIED TO ENSURE THAT THEY 

1237
00:46:40,964 --> 00:46:41,765
CAN LEVERAGE THEIR EXISTING 

1238
00:46:41,765 --> 00:46:42,566
BUILDINGS WITH BUILDINGS THEY 

1239
00:46:42,566 --> 00:46:47,404
ARE GOING TO BE ACQUIRING IN THE

1240
00:46:47,404 --> 00:46:48,472
FUTURE TO THE FULLEST EXTENT. IT

1241
00:46:48,472 --> 00:46:49,773
IS A COMMON PRACTICE AMONG 

1242
00:46:49,773 --> 00:46:50,507
HOUSING PROVIDERS AND IS AN 

1243
00:46:50,507 --> 00:46:51,508
IMPORTANT TOOL AS A DEVELOPER 

1244
00:46:51,508 --> 00:46:53,010
LOOKS TO BUILD AND ACQUIRE NEW 

1245
00:46:53,010 --> 00:46:58,182
UNITS. WE ARE GOING TO HEAR FROM

1246
00:46:58,182 --> 00:46:59,483
JEN ON SOME OF THE ADDITIONAL 

1247
00:46:59,483 --> 00:47:00,317
CHANGES THAT ARE ALSO DESIGNED 

1248
00:47:00,317 --> 00:47:01,652
TO ENSURE THE DEVELOPER GETS OFF

1249
00:47:01,652 --> 00:47:04,154
TO THE STRONGEST START. OVER THE

1250
00:47:04,154 --> 00:47:05,622
LAST SEVERAL WEEKS AND AFTER 

1251
00:47:05,622 --> 00:47:06,223
HEARING THE NEED FOR SOME 

1252
00:47:06,223 --> 00:47:07,424
CHANGES, OUR OFFICE HAS WORKED 

1253
00:47:07,424 --> 00:47:12,763
REALLY CLOSELY WITH HOUSING 

1254
00:47:12,763 --> 00:47:13,397
DEVELOPER TO IDENTIFY CHANGES IN

1255
00:47:13,397 --> 00:47:14,932
THE CHARTER THAT ARE GOING TO BE

1256
00:47:14,932 --> 00:47:15,632
SUCCESSFUL THAT ALIGNED WITH THE

1257
00:47:15,632 --> 00:47:17,067
VALUES AND THE GOALS THAT VOTERS

1258
00:47:17,067 --> 00:47:22,372
OVERWHELMINGLY DEVELOPED -- 

1259
00:47:22,372 --> 00:47:23,140
VOTED FOR INITIATIVE 135. I 

1260
00:47:23,140 --> 00:47:23,840
WOULD LIKE TO THANK THE 

1261
00:47:23,840 --> 00:47:34,384
DEVELOPER FOR WORKING WITH US. 

1262
00:47:34,551 --> 00:47:35,419
SO THESE AMENDMENTS WERE 

1263
00:47:35,419 --> 00:47:36,520
CONSIDERED AT THE SEATTLE SOCIAL

1264
00:47:36,520 --> 00:47:37,654
HOUSING BOARD AT THEIR MAY 5th 

1265
00:47:37,654 --> 00:47:38,522
MEETING AND THEY VOTED TO 

1266
00:47:38,522 --> 00:47:39,423
RECOMMEND THE CHANGES THAT ARE 

1267
00:47:39,423 --> 00:47:41,225
BEFORE US. THE BOARD HAS ALSO 

1268
00:47:41,225 --> 00:47:44,027
MADE A SMALL TECHNICAL EDITOR 

1269
00:47:44,027 --> 00:47:45,462
THAT EDITS PASSED AT THE MAY 

1270
00:47:45,462 --> 00:47:46,730
28th BOARD MEETING. WITH THAT, I

1271
00:47:46,730 --> 00:47:48,131
WILL HAND IT OVER TO JEN WHO 

1272
00:47:48,131 --> 00:47:50,033
WILL WALK US THROUGH SOME SLIDES

1273
00:47:50,033 --> 00:47:50,567
THAT TACKLE EACH OF THE 

1274
00:47:50,567 --> 00:47:51,201
INDIVIDUAL PROPOSED CHANGES. 

1275
00:47:51,201 --> 00:47:52,202
WELCOME, JEN. 

1276
00:47:52,202 --> 00:47:53,537
>> JENNIFER, CITY COUNCIL STAFF.

1277
00:47:53,537 --> 00:47:59,676
GIVE ME ONE MOMENT TO SHARE THIS

1278
00:47:59,676 --> 00:48:10,153
PRESENTATION. THERE WE GO. 

1279
00:48:54,598 --> 00:48:55,432
THAT'S A LITTLE STRANGE. ALL 

1280
00:48:55,432 --> 00:48:56,433
RIGHT. WE WILL PROCEED AS IS. 

1281
00:48:56,433 --> 00:48:58,235
THANK YOU. SO I HAD PROVIDED THE

1282
00:48:58,235 --> 00:49:04,841
SAME PRESENTATION PREVIOUSLY SO 

1283
00:49:04,841 --> 00:49:06,543
BE FAIRLY BRIEF IN MY COMMENTS 

1284
00:49:06,543 --> 00:49:07,678
HERE. JUST A REMINDER BEFORE THE

1285
00:49:07,678 --> 00:49:08,478
ANTICIPATED VOTE. AGAIN, THIS 

1286
00:49:08,478 --> 00:49:12,382
PRESENTATION IS ON RESOLUTION 

1287
00:49:12,382 --> 00:49:13,550
32209, WHICH CONTAINS CHANGES TO

1288
00:49:13,550 --> 00:49:16,053
THE SEATTLE SOCIAL HOUSING 

1289
00:49:16,053 --> 00:49:16,787
DEVELOPMENT CHARTER -- DEVELOPER

1290
00:49:16,787 --> 00:49:22,259
CHARTER. SOME BACKGROUND. 

1291
00:49:22,259 --> 00:49:23,327
SEVERAL YEARS AGO, IN FEBRUARY 

1292
00:49:23,327 --> 00:49:26,763
OF 2023, VOTERS PASSED 

1293
00:49:26,763 --> 00:49:27,531
INITIATIVE 135, WHICH CREATED 

1294
00:49:27,531 --> 00:49:34,037
THE SEATTLE SOCIAL HOUSING 

1295
00:49:34,037 --> 00:49:34,705
DEVELOPER. I-135 CONTAINED A 

1296
00:49:34,705 --> 00:49:39,843
CHARTER AS EXHIBIT-A. UNDER THAT

1297
00:49:39,843 --> 00:49:44,047
CHARTER, CITY COUNCIL APPROVAL 

1298
00:49:44,047 --> 00:49:45,282
IS NEEDED TO REVISE THE CHARTER.

1299
00:49:45,282 --> 00:49:46,116
THE SOCIAL HOUSING DEVELOPER 

1300
00:49:46,116 --> 00:49:51,488
BOARD VOTED ON BOTH MAY 5th -- 

1301
00:49:51,488 --> 00:49:53,090
SORRY. THIS HAS AN ERROR IN IT. 

1302
00:49:53,090 --> 00:49:57,494
ON BOTH MEH 5th AND MAY 21st, 

1303
00:49:57,494 --> 00:49:58,762
2026, TO RECOMMEND ALL OF THE 

1304
00:49:58,762 --> 00:50:00,163
PROPOSED CHANGES THAT ARE FOUND 

1305
00:50:00,163 --> 00:50:06,970
IN THE ATTACHMENT TO THIS 

1306
00:50:06,970 --> 00:50:10,107
RESOLUTION. AND SO I WILL STOP 

1307
00:50:10,107 --> 00:50:11,174
THERE. I AM REALIZING I DIDN'T 

1308
00:50:11,174 --> 00:50:12,509
UPDATE THE SLIDE. SO THIS UPDATE

1309
00:50:12,509 --> 00:50:14,444
A BULLET POINT AT THIS POINT SAY

1310
00:50:14,444 --> 00:50:15,245
THAT THE SOCIAL HOUSING 

1311
00:50:15,245 --> 00:50:16,246
DEVELOPER BOARD HAS MET TWICE 

1312
00:50:16,246 --> 00:50:19,182
AND VOTED TWICE. ON MAY 5th AND 

1313
00:50:19,182 --> 00:50:20,584
MAY 21st. AND, AT THIS POINT, 

1314
00:50:20,584 --> 00:50:25,021
THE -- THE PROPOSED CHARTER WITH

1315
00:50:25,021 --> 00:50:27,457
THE PROPOSED CHANGES THAT IS 

1316
00:50:27,457 --> 00:50:28,458
ATTACHED TO THIS RESOLUTION 

1317
00:50:28,458 --> 00:50:32,929
MATCHES EXACTLY WITH THE 

1318
00:50:32,929 --> 00:50:33,930
RECOMMENDATIONS THAT WERE MADE 

1319
00:50:33,930 --> 00:50:34,698
BY THE BOARD DURING THIS TWO 

1320
00:50:34,698 --> 00:50:37,634
BOARD MEETINGS. I AM NOW JUST 

1321
00:50:37,634 --> 00:50:43,106
GOING TO BRIEFLY REVIEW WHAT THE

1322
00:50:43,106 --> 00:50:44,007
PROPOSED CHANGES TO THE SOCIAL 

1323
00:50:44,007 --> 00:50:44,641
HOUSING DEVELOPMENT CHARTER 

1324
00:50:44,641 --> 00:50:47,911
WERE. ONE. THE CHANGES ALLOWED 

1325
00:50:47,911 --> 00:50:54,184
THE DEVELOPER TO PERFORM SUCH AS

1326
00:50:54,184 --> 00:50:55,118
A LIMITED LIABILITY COMPANY OR 

1327
00:50:55,118 --> 00:50:56,186
CORPORATION, WHICH CAN BE USED 

1328
00:50:56,186 --> 00:50:56,920
TO PURCHASE OR DEVELOP 

1329
00:50:56,920 --> 00:51:02,659
PROPERTIES, AND ESSENTIALLY 

1330
00:51:02,659 --> 00:51:10,333
PROTECT SSHD'S ASSETS AGAINST 

1331
00:51:10,333 --> 00:51:11,501
OTHER TYPES OF SETBACKS. THIS IS

1332
00:51:11,501 --> 00:51:13,136
A FAIRLY COMMON PRACTICE IN REAL

1333
00:51:13,136 --> 00:51:13,870
ESTATE. WHAT IS KEY IS THE 

1334
00:51:13,870 --> 00:51:15,105
SEATTLE SOCIAL HOUSING DEVELOPER

1335
00:51:15,105 --> 00:51:16,973
WOULD RETAIN CONTROL OF HOUSING 

1336
00:51:16,973 --> 00:51:18,408
BY OWNING -- BY BOTH OWNING AND 

1337
00:51:18,408 --> 00:51:19,242
CONTROLLING THE SINGLE PURPOSE 

1338
00:51:19,242 --> 00:51:20,210
ENTITY. IT WOULD ALLOW RENTAL 

1339
00:51:20,210 --> 00:51:21,845
RATES TO BE BASED ON MORE THAN 

1340
00:51:21,845 --> 00:51:23,613
JUST THE COST OF THE BUILDING 

1341
00:51:23,613 --> 00:51:24,214
OPERATIONS, WHICH IS WHAT THE 

1342
00:51:24,214 --> 00:51:32,622
CURRENT LANGUAGE WOULD IMPLY. 

1343
00:51:32,622 --> 00:51:34,524
SEATTLE SOCIAL HOUSING DEVELOPER

1344
00:51:34,524 --> 00:51:35,125
WANTS THIS FOR CROSS 

1345
00:51:35,125 --> 00:51:35,759
SUBSIDIZATION OF BUILDINGS ARE 

1346
00:51:35,759 --> 00:51:36,560
TO BE ABLE TO USE BUILDING 

1347
00:51:36,560 --> 00:51:37,627
REVENUE TO PAY BACK A BOND THAT 

1348
00:51:37,627 --> 00:51:39,763
IN THE FUTURE. IT WOULD 

1349
00:51:39,763 --> 00:51:40,597
FACILITATE THAT SEATTLE SOCIAL 

1350
00:51:40,597 --> 00:51:41,231
HOUSING DEVELOPER PROPERTIES 

1351
00:51:41,231 --> 00:51:43,433
COULD BE USED AS COLLATERAL FOR 

1352
00:51:43,433 --> 00:51:44,434
DEBT . UNDER THE CURRENT 

1353
00:51:44,434 --> 00:51:49,039
LANGUAGE IN THE CHARTER THAT WAS

1354
00:51:49,039 --> 00:51:54,511
PART OF I-135. PERPETUITY BY THE

1355
00:51:54,511 --> 00:51:55,378
DEVELOPER. FELT THAT WOULD NOT 

1356
00:51:55,378 --> 00:51:59,549
BE ABLE TO FORECLOSE IF NEEDED. 

1357
00:51:59,549 --> 00:52:03,320
AND THAT WAS PROHIBITING THE 

1358
00:52:03,320 --> 00:52:04,287
SOCIAL HOUSING DEVELOPER FROM 

1359
00:52:04,287 --> 00:52:04,955
BEING ABLE TO ACCESS 

1360
00:52:04,955 --> 00:52:11,628
CONVENTIONAL FINANCING. SO THIS 

1361
00:52:11,628 --> 00:52:12,896
CHANGE WOULD ALLOW THEM TO TAKE 

1362
00:52:12,896 --> 00:52:14,764
ON DEBT AS IS TYPICAL IN REAL 

1363
00:52:14,764 --> 00:52:15,699
ESTATE. IT ALLOWS THE SOCIAL 

1364
00:52:15,699 --> 00:52:20,170
HOUSING DEVELOPER TO CREATE A 

1365
00:52:20,170 --> 00:52:20,737
CONDOMINIUM STRUCTURE. THE 

1366
00:52:20,737 --> 00:52:21,838
CHARTER IS VERY CLEAR. IN SOCIAL

1367
00:52:21,838 --> 00:52:23,006
HOUSING DEVELOPER WILL ALWAYS 

1368
00:52:23,006 --> 00:52:23,640
OWN AND CONTROL ANY HOUSING 

1369
00:52:23,640 --> 00:52:24,975
PORTION OF A BUILDING THAT THEY 

1370
00:52:24,975 --> 00:52:27,143
WOULD BE ALLOWED TO SELL. THEN 

1371
00:52:27,143 --> 00:52:29,946
SELL A PORTION OF THE BUILDING. 

1372
00:52:29,946 --> 00:52:33,116
THAT WOULD BE USED FOR COMMUNITY

1373
00:52:33,116 --> 00:52:33,817
OR COMMERCIAL PURPOSES. HOWEVER,

1374
00:52:33,817 --> 00:52:36,920
THERE IS ALSO LANGUAGE THAT WILL

1375
00:52:36,920 --> 00:52:42,092
CONTROL THE SALES PRICE FOR ANY,

1376
00:52:42,092 --> 00:52:48,765
FOR THAT CONDO-IZED COMMERCIAL 

1377
00:52:48,765 --> 00:52:55,071
PORTION. THE PROPOSED CHANGES 

1378
00:52:55,071 --> 00:52:56,873
ALSO ESTABLISH THE PROCESS BY 

1379
00:52:56,873 --> 00:53:01,678
WHICH THE SEVEN SEATTLE SOCIAL 

1380
00:53:01,678 --> 00:53:02,379
HOUSING DEVELOPER POSITIONS THAT

1381
00:53:02,379 --> 00:53:04,814
ARE CURRENTLY APPOINTED BY THE 

1382
00:53:04,814 --> 00:53:06,616
RENTER'S COMMISSION WILL BE 

1383
00:53:06,616 --> 00:53:11,421
APPOINTED BY THE CONSTITUENCY 

1384
00:53:11,421 --> 00:53:12,656
ONCE THE SEATTLE SOCIAL HOUSING 

1385
00:53:12,656 --> 00:53:13,390
DEVELOPER BEGINS OPERATIONS OF A

1386
00:53:13,390 --> 00:53:18,995
SOCIAL HOUSING BUILDING. SO, 

1387
00:53:18,995 --> 00:53:22,532
AGAIN, UNDER THE CHARTER, WE 

1388
00:53:22,532 --> 00:53:23,366
CURRENTLY HAVE SEVEN POSITIONS 

1389
00:53:23,366 --> 00:53:24,668
APPOINTED BY THE RENTER'S 

1390
00:53:24,668 --> 00:53:25,335
COMMISSION. AS BUILDINGS BECOME 

1391
00:53:25,335 --> 00:53:26,002
OPERATIONAL, THERE WILL BE WHAT 

1392
00:53:26,002 --> 00:53:28,271
IS CALLED A CONSTITUENCY. THAT 

1393
00:53:28,271 --> 00:53:29,105
CONSTITUENCY WILL BE RESPONSIBLE

1394
00:53:29,105 --> 00:53:29,906
FOR APPOINTING THOSE SEVEN 

1395
00:53:29,906 --> 00:53:31,208
POSITIONS TO THE BOARD. THIS 

1396
00:53:31,208 --> 00:53:34,778
PROVIDES A LITTLE BIT MORE 

1397
00:53:34,778 --> 00:53:35,845
DETAIL ABOUT HOW THAT WILL 

1398
00:53:35,845 --> 00:53:36,646
HAPPEN. IT ILLUMINATES THE 

1399
00:53:36,646 --> 00:53:47,190
REQUIREMENT THAT THE CONTINGENCY

1400
00:53:49,159 --> 00:53:50,493
SELECT AN INDEPENDENT AUDITOR 

1401
00:53:50,493 --> 00:53:51,761
BECAUSE IN FACT THE AUDITOR MUST

1402
00:53:51,761 --> 00:53:52,762
BE THE STATE AUDITOR. SAID THIS 

1403
00:53:52,762 --> 00:53:53,730
WAS NOT A NECESSARY PROVISION. 

1404
00:53:53,730 --> 00:53:54,931
HAS A NEW SECTION RELATED TO 

1405
00:53:54,931 --> 00:53:55,999
DEFINITIONS AND IT MAKES OTHER 

1406
00:53:55,999 --> 00:53:57,000
CHANGES FOR THE PURPOSE OF 

1407
00:53:57,000 --> 00:53:58,001
CLARITY. SO, IN TERMS OF 

1408
00:53:58,001 --> 00:53:58,802
TIMELINE, THIS WAS ALREADY 

1409
00:53:58,802 --> 00:53:59,803
DISCUSSED AT THE MAY 13th 

1410
00:53:59,803 --> 00:54:00,670
COMMITTEE AS AN INFORMATION 

1411
00:54:00,670 --> 00:54:06,943
ITEM. IT HAS NOW BEEN INTRODUCED

1412
00:54:06,943 --> 00:54:08,445
AND REFERRED TO THIS COMMITTEE 

1413
00:54:08,445 --> 00:54:09,746
AND WE ARE HERE TODAY FOR A 

1414
00:54:09,746 --> 00:54:10,880
VOTE. AND I DISCUSSED THIS AT 

1415
00:54:10,880 --> 00:54:12,082
OUR LAST MEETING BUT WE WILL 

1416
00:54:12,082 --> 00:54:13,350
JUST REMIND FOLKS THAT WE ARE 

1417
00:54:13,350 --> 00:54:14,351
DOING THIS BECAUSE THE CHANGES 

1418
00:54:14,351 --> 00:54:19,990
IN THE PROPOSED CHARTER MATCH 

1419
00:54:19,990 --> 00:54:23,093
EXACTLY WITH WHAT THE BOARD HAS 

1420
00:54:23,093 --> 00:54:24,894
RECOMMENDED. IT IS AN OPTION FOR

1421
00:54:24,894 --> 00:54:25,962
COUNCIL TO DO THIS BY OUR 

1422
00:54:25,962 --> 00:54:26,696
RESOLUTION, WHICH IS TO BE 

1423
00:54:26,696 --> 00:54:27,597
CHOSEN BY THE SPONSOR AND 

1424
00:54:27,597 --> 00:54:28,932
BECAUSE OF THAT AMENDMENTS WERE 

1425
00:54:28,932 --> 00:54:34,037
NOT POSSIBLE. I WILL STOP THERE.

1426
00:54:34,170 --> 00:54:35,405
>> THANK YOU SO MUCH, JEN. AND 

1427
00:54:35,405 --> 00:54:36,373
LET ME ALSO EXPRESS MY 

1428
00:54:36,373 --> 00:54:42,579
APPRECIATION TO YOU FOR ALL THE 

1429
00:54:42,579 --> 00:54:47,117
WORK YOU DID WITH OUR OFFICE. I 

1430
00:54:47,117 --> 00:54:47,984
THE DEVELOPER EARLIER. THESE 

1431
00:54:47,984 --> 00:54:49,452
REALLY IMPORTANT CHANGES OVER 

1432
00:54:49,452 --> 00:54:50,020
THE LAST SEVERAL MONTHS. I 

1433
00:54:50,020 --> 00:54:50,687
REALLY APPRECIATE THE EXCELLENCE

1434
00:54:50,687 --> 00:54:51,655
THAT YOU BROUGHT TO THIS. AND, 

1435
00:54:51,655 --> 00:54:52,922
COLLEAGUES, I WILL BE RETURNING 

1436
00:54:52,922 --> 00:54:54,991
TO FOR QUESTIONS. I WILL 

1437
00:54:54,991 --> 00:54:55,992
REITERATE SOMETHING I SAID AT 

1438
00:54:55,992 --> 00:54:57,227
THE BEGINNING AND JEN DID A 

1439
00:54:57,227 --> 00:54:59,896
GREAT JOB CLARIFYING IN HER 

1440
00:54:59,896 --> 00:55:01,064
OVERVIEW . THE CHANGE RUN THE 

1441
00:55:01,064 --> 00:55:02,132
AUDITOR COMPONENT. IT IS NOT 

1442
00:55:02,132 --> 00:55:04,934
REMOVING ANY ABILITY TO BE 

1443
00:55:04,934 --> 00:55:05,835
AUDITED. THE EXISTING OTHER 

1444
00:55:05,835 --> 00:55:09,572
ORDINANCES ON OUR PUBLIC 

1445
00:55:09,572 --> 00:55:10,273
DEVELOPERS REQUIRE THAT THE 

1446
00:55:10,273 --> 00:55:18,448
STATE AUDITOR IS THE AUDITOR OF 

1447
00:55:18,448 --> 00:55:19,082
CHOICE. THERE ACTUALLY IS NO 

1448
00:55:19,082 --> 00:55:21,785
CHOICE. SO THAT IS WHY THE 

1449
00:55:21,785 --> 00:55:22,352
CHANGES BEING MADE. IT IS A 

1450
00:55:22,352 --> 00:55:22,986
TECHNICAL CHANGE JUST REFLECT 

1451
00:55:22,986 --> 00:55:30,160
THAT. SO  THANK YOU FOR COVERING

1452
00:55:30,160 --> 00:55:31,061
THAT. COLLEAGUES, I WILL TURN TO

1453
00:55:31,061 --> 00:55:31,695
YOU FOR QUESTIONS. AGAIN, I KNOW

1454
00:55:31,695 --> 00:55:33,296
THIS IS THE SECOND TIME WE HAVE 

1455
00:55:33,296 --> 00:55:35,832
HAD THIS IN THE COMMITTEE. OKAY.

1456
00:55:35,832 --> 00:55:41,705
ALL RIGHT. COUNCIL MEMBER LIN? 

1457
00:55:41,705 --> 00:55:45,709
>> QUICK QUESTION. ON PAGE 3 IN 

1458
00:55:45,709 --> 00:55:51,414
THE REDLINE UNDER "POWERS," IT 

1459
00:55:51,414 --> 00:55:54,951
SPELLS OUT. IT LOOKS LIKE 

1460
00:55:54,951 --> 00:55:56,686
PREVIOUSLY SAID ALL POWER 

1461
00:55:56,686 --> 00:55:57,120
AVAILABLE TO PUBLIC 

1462
00:55:57,120 --> 00:55:57,721
CORPORATIONS, STATE AND LOCAL 

1463
00:55:57,721 --> 00:55:58,421
LAW. AND THEN IT SAYS NOW THERE 

1464
00:55:58,421 --> 00:55:59,723
IS SOME PRECLUDING. MY 

1465
00:55:59,723 --> 00:56:01,324
INTERPRETATION OF THAT IS ALL 

1466
00:56:01,324 --> 00:56:01,858
THOSE POWERS, THE PUBLIC 

1467
00:56:01,858 --> 00:56:07,864
DEVELOPER ALREADY HAD, IT'S 

1468
00:56:07,864 --> 00:56:08,932
JUST SORT OF CLARIFYING PERHAPS 

1469
00:56:08,932 --> 00:56:10,066
FOR THE PUBLIC WHAT SOME OF 

1470
00:56:10,066 --> 00:56:13,903
THOSE POWERS ARE THAT IT ALREADY

1471
00:56:13,903 --> 00:56:15,171
HAD. THAT BE YOUR -- WITH THAT 

1472
00:56:15,171 --> 00:56:15,605
BE CORRECT? 

1473
00:56:15,605 --> 00:56:18,475
>> THAT IS ALSO MY 

1474
00:56:18,475 --> 00:56:19,209
INTERPRETATION. YES. JUST 

1475
00:56:19,209 --> 00:56:19,843
CLARIFYING EXISTING AUTHORITY 

1476
00:56:19,843 --> 00:56:20,877
THAT THEY ALREADY HAD AND THAT 

1477
00:56:20,877 --> 00:56:25,281
THEY CONTINUE TO HAVE IT. 

1478
00:56:25,281 --> 00:56:26,883
>> THANK YOU SO MUCH. AND WE 

1479
00:56:26,883 --> 00:56:27,617
HEARD A PUBLIC COMMENT ARE 

1480
00:56:27,617 --> 00:56:28,618
CONCERNED ABOUT THE POWER OF 

1481
00:56:28,618 --> 00:56:29,819
EMINENT DOMAIN. I DON'T THINK 

1482
00:56:29,819 --> 00:56:33,123
THIS GIVES THE POWER OF EMINENT 

1483
00:56:33,123 --> 00:56:38,728
DOMAIN, BUT CURRENTLY UNDER OUR 

1484
00:56:38,728 --> 00:56:42,565
MUNICIPAL CODE, IT TALKS ABOUT 

1485
00:56:42,565 --> 00:56:43,533
THEY COULD ASK, BASICALLY, THE 

1486
00:56:43,533 --> 00:56:44,701
CITY TO TRANSFER SOME PROPERTY 

1487
00:56:44,701 --> 00:56:45,769
AND WHETHER IT IS REQUIRED TO 

1488
00:56:45,769 --> 00:56:46,836
PURCHASE OR EMINENT DOMAIN. 

1489
00:56:46,836 --> 00:56:48,271
AGAIN, THEIR ABILITY TO ASK US 

1490
00:56:48,271 --> 00:56:49,606
TO TAKE ACTION, THAT IS A POWER 

1491
00:56:49,606 --> 00:56:51,141
THAT THEY ALREADY HAD. IS THAT 

1492
00:56:51,141 --> 00:56:51,407
CORRECT? 

1493
00:56:51,407 --> 00:56:58,281
>> YOU KNOW, I AM NOT FAMILIAR 

1494
00:56:58,281 --> 00:56:59,115
WITH THE SPECIFIC LANGUAGE 

1495
00:56:59,115 --> 00:57:00,784
AROUND EMINENT DOMAIN. I DO NOT 

1496
00:57:00,784 --> 00:57:01,718
WANT TO COMMENT ON THAT AT THIS 

1497
00:57:01,718 --> 00:57:02,285
POINT IN TIME. 

1498
00:57:02,285 --> 00:57:07,657
>> BUT THE POWERS THAT PDAS 

1499
00:57:07,657 --> 00:57:08,691
HAVE. AGAIN, WE THINK THEY 

1500
00:57:08,691 --> 00:57:09,826
ALREADY HAD THOSE POWERS. WE ARE

1501
00:57:09,826 --> 00:57:11,027
JUST SORT OF POINTING TO THE 

1502
00:57:11,027 --> 00:57:17,600
CODE SECTIONS THAT PDA'S EXIST 

1503
00:57:17,600 --> 00:57:18,701
UNDER OUR CODE. THANK YOU. 

1504
00:57:18,701 --> 00:57:19,836
>> THANK YOU FOR THE QUESTION, 

1505
00:57:19,836 --> 00:57:24,607
COUNCIL MEMBER LIN. COLLEAGUES 

1506
00:57:24,607 --> 00:57:26,709
FROM ANY FURTHER QUESTIONS ON 

1507
00:57:26,709 --> 00:57:27,544
THIS ITEM BEFORE WE PROCEED TO A

1508
00:57:27,544 --> 00:57:32,382
VOTE? COUNCIL PRESIDENT 

1509
00:57:32,382 --> 00:57:35,952
HOLLINGSWORTH? 

1510
00:57:35,952 --> 00:57:37,554
>> HEY, THANK YOU THERE, CHAIR 

1511
00:57:37,554 --> 00:57:38,288
FOSTER. JUST A QUICK 

1512
00:57:38,288 --> 00:57:39,556
APPRECIATION FOR YOUR WORK ON 

1513
00:57:39,556 --> 00:57:40,089
THIS. I DON'T HAVE ANY 

1514
00:57:40,089 --> 00:57:41,491
QUESTIONS. I KNOW WE HEARD IT IS

1515
00:57:41,491 --> 00:57:42,992
HE COMMITTEE AND ALL THE WORK 

1516
00:57:42,992 --> 00:57:44,427
THAT YOU ARE DOING WITH SOCIAL 

1517
00:57:44,427 --> 00:57:45,228
HOUSING DEVELOPER. UNDERSTAND 

1518
00:57:45,228 --> 00:57:50,266
JUST TO CLARIFY. I KNOW I HAD A 

1519
00:57:50,266 --> 00:57:51,267
MEETING WITH CENTRAL STAFF TO 

1520
00:57:51,267 --> 00:57:52,602
TALK ABOUT SOME OTHER STUFF THAT

1521
00:57:52,602 --> 00:57:54,337
I WANT TO WORK ON AND 

1522
00:57:54,337 --> 00:57:55,738
COLLABORATE WITH YOUR OFFICE BUT

1523
00:57:55,738 --> 00:57:56,973
I KNOW TODAY THIS IS AN UP OR 

1524
00:57:56,973 --> 00:57:58,441
DOWN VOTE. SO HAPPY TO SUPPORT 

1525
00:57:58,441 --> 00:58:08,751
THIS. THANK YOU FOR ALL THE WORK

1526
00:58:08,751 --> 00:58:10,787
GETTING US TO THIS POINT. THANK 

1527
00:58:10,787 --> 00:58:10,987
YOU. 

1528
00:58:10,987 --> 00:58:12,388
>> THANK YOU SO MUCH FOR THAT, 

1529
00:58:12,388 --> 00:58:13,990
COUNCIL PRESIDENT. EVERY TIME I 

1530
00:58:13,990 --> 00:58:14,657
RETURN FOR QUESTIONS, I WILL DO 

1531
00:58:14,657 --> 00:58:19,195
ONE FINAL ONE JUST TO SEE, 

1532
00:58:19,195 --> 00:58:19,996
COLLEAGUES, ANY QUESTIONS BEFORE

1533
00:58:19,996 --> 00:58:20,797
WE PROCEED TO A VOTE? OKAY. 

1534
00:58:20,797 --> 00:58:22,198
FANTASTIC. I WILL JUST MAKE ONE 

1535
00:58:22,198 --> 00:58:23,233
FINAL COMMENT IS THE SPONSOR OF 

1536
00:58:23,233 --> 00:58:24,067
THIS RESOLUTION. I'M REALLY 

1537
00:58:24,067 --> 00:58:25,368
EXCITED ABOUT THESE CHANGES. I 

1538
00:58:25,368 --> 00:58:33,109
THINK THIS IS AN OPPORTUNITY . 

1539
00:58:33,109 --> 00:58:34,544
RESETTING FOR SUCCESS WITH THESE

1540
00:58:34,544 --> 00:58:35,245
TECHNICAL CHANGES AS WELL AS 

1541
00:58:35,245 --> 00:58:36,045
WITH THE SPIRIT OF COLLABORATION

1542
00:58:36,045 --> 00:58:37,180
WE'VE APPROACHED THIS WORK 

1543
00:58:37,180 --> 00:58:37,914
WITH. I'M EXCITED ABOUT THIS. 

1544
00:58:37,914 --> 00:58:39,115
I'M EXCITED ABOUT THE 

1545
00:58:39,115 --> 00:58:49,659
OPPORTUNITIES FOR CONDO-IZATION 

1546
00:58:51,861 --> 00:58:53,363
. CREATE FANTASTIC PUBLIC SPACES

1547
00:58:53,363 --> 00:58:53,997
ARE HAVE GROUND-FLOOR 

1548
00:58:53,997 --> 00:58:54,464
COMMERCIALS WERE THE 

1549
00:58:54,464 --> 00:58:55,465
OPPORTUNITIES THAT THAT OPENS 

1550
00:58:55,465 --> 00:58:56,599
UP. I THINK THAT IS ALIGNED WITH

1551
00:58:56,599 --> 00:58:57,734
WHAT WE ARE MOVING ACROSS A 

1552
00:58:57,734 --> 00:58:59,002
TOWARDS OUR CITY AS WE THINK 

1553
00:58:59,002 --> 00:58:59,969
ABOUT THE NEED FOR AFFORDABILITY

1554
00:58:59,969 --> 00:59:01,204
TO COEXIST. SO REALLY THRILLED 

1555
00:59:01,204 --> 00:59:02,438
TO BE BRINGING THESE FORWARD AND

1556
00:59:02,438 --> 00:59:03,640
I WILL BE MOVING THIS FORWARD 

1557
00:59:03,640 --> 00:59:05,074
FOR A VOTE TODAY. SO I MOVED 

1558
00:59:05,074 --> 00:59:05,909
THAT THE COMMITTEE RECOMMENDED 

1559
00:59:05,909 --> 00:59:06,876
ADOPTION OF RESOLUTION 32209. IS

1560
00:59:06,876 --> 00:59:07,510
THERE A SECOND? 

1561
00:59:07,510 --> 00:59:07,877
>> SECOND. 

1562
00:59:07,877 --> 00:59:18,388
>> ALL RIGHT. IT IS MOVED AND 

1563
00:59:18,888 --> 00:59:19,455
SECONDED. ANY FURTHER COMMENTS? 

1564
00:59:19,455 --> 00:59:20,757
ASK THREE TIMES. WILL THE CLERK 

1565
00:59:20,757 --> 00:59:25,895
PLEASE CALL ROLL TO ADOPT 

1566
00:59:25,895 --> 00:59:29,365
RESOLUTION 32209? 

1567
00:59:29,365 --> 00:59:30,033
>> COUNCIL MEMBER HOLLINGSWORTH?

1568
00:59:30,166 --> 00:59:30,366
>> YES. 

1569
00:59:30,366 --> 00:59:31,067
>> COUNCIL MEMBER RINCK? 

1570
00:59:31,067 --> 00:59:31,434
>> YES. 

1571
00:59:31,434 --> 00:59:32,835
>> VICE CHAIR EDDIE LIN? 

1572
00:59:32,835 --> 00:59:33,069
>> YES. 

1573
00:59:33,069 --> 00:59:33,670
>> CHAIR FOSTER? 

1574
00:59:33,670 --> 00:59:33,937
>> YES. 

1575
00:59:33,937 --> 00:59:35,371
>> CHAIR, THERE ARE FOUR VOTES 

1576
00:59:35,371 --> 00:59:35,638
IN FAVOR. 

1577
00:59:35,638 --> 00:59:40,910
>> FANTASTIC. RESOLUTION BE 

1578
00:59:40,910 --> 00:59:46,716
ADOPTED . SENT TO THE JUNE 16th,

1579
00:59:46,716 --> 00:59:47,850
2026, CITY COUNCIL MEETING. IS 

1580
00:59:47,850 --> 00:59:48,985
THERE ANY FURTHER BUSINESS TO 

1581
00:59:48,985 --> 00:59:50,954
COME BEFORE THE COMMITTEE TODAY?

1582
00:59:50,954 --> 00:59:51,588
ALL RIGHT. THIS CONCLUDES A JUNE

1583
00:59:51,588 --> 00:59:57,961
10th, 2026, MEETING OF THE 

1584
00:59:57,961 --> 00:59:59,128
HOUSING, ARTS, & CIVIL RIGHTS 

1585
00:59:59,128 --> 00:59:59,963
COMMITTEE. OUR NEXT SCHEDULED 

1586
00:59:59,963 --> 01:00:01,097
MEETING IS JUNE 24th. AGAIN, 

1587
01:00:01,097 --> 01:00:02,198
YOUR REMINDER THAT WE WILL BE 

1588
01:00:02,198 --> 01:00:03,599
VIRTUAL