SIX HRA BOARD MEETING. FIRST ITEM IS THE APPROVAL OF THE AGENDA. ARE THERE ANY EDITS OR CHANGES ?
NO HEARING NONE. MAY I HAVE A MOTION TO APPROVE THE AGENDA? SO MOVED MOVED BY COMMISSIONER ROBERTSON. SECOND SECOND BY COMMISSIONER CARTER.
AND SINCE WE HAVE ONE BOARD MEMBER ATTENDING REMOTELY WE NEED TO DO A ROLL CALL VOTE .
WE HAVE COMMISSIONER AUDIO PLAYER THROUGH WEBEX SO COMMISSIONER DOUBLING HER I
THE COMMISSIONER ROBERTSON I COMMISSIONER CARTER I COMMISSIONER WARRANT I CHAIR MUELLER I SO MOTION PASSES 5
TO 0. NEXT ITEM IS THE CONSENT BUSINESS AND THE ONLY CONSENT ITEM IS THE MAY 12TH 2226 MEETING MINUTES.
WOULD ANYONE LIKE TO PULL THIS FOR DISCUSSION? OKAY HEARING NONE THEN I NEED A MOTION TO APPROVE THE CONSENT ITEMS SO MOVED BY
COMMISSIONER ROBERTSON SECOND AND SECOND BY COMMISSIONER WOOTEN MAY WE HAVE THE ROLL CALL VOTE BY WEBEX BECAUSE
COMMISSIONER WE'RE DOUBLING HER BY THE COMMISSIONER ROBERTSON I COMMISSIONER CARTER I'M THE COMMISSIONER.
I WOULDN'T I CHAIR WHEELER I SORRY THAT'S ME. MOTION PASSES FIVE THIS IS HERE. ALL RIGHT NEXT UNDER
ORGANIZATIONAL BUSINESS JUNE IS NATIONAL HOMEOWNERSHIP MONTH. DID YOU WANT TO SAY ANY WORDS BEFORE I READ THE PROCLAMATION? OKAY THEN I AM GOING TO GO AHEAD AND READ THE CITY
OF BLOOMINGTON PROCLAMATION OF HOME OWNERSHIP MONTH FOR JUNE 2026 WHEREAS IN 1995 NATIONAL HOMEOWNERSHIP WEEK
BEGAN AS A STRATEGY OF PRESIDENT WILLIAM CLINTON'S ADMINISTRATION AND TO INCREASE HOMEOWNERSHIP ACROSS THE NATION. AND. WHEREAS, IN 2002 PRESIDENT
GEORGE W BUSH EXPANDED THE OBSERVANCE TO THE ENTIRE MONTH OF JUNE. AND. WHEREAS, HOMEOWNERSHIP IS A MAJOR SOURCE OF GENERATIONAL
WEALTH FOR MANY AMERICANS AND IS AN ESSENTIAL PART OF THE AMERICAN DREAM. AND. WHEREAS, DURING HOMEOWNERSHIP MONTH WE RECOGNIZE THE VALUE THAT OWNING A HOME BRINGS TO
INDIVIDUALS, HOUSEHOLDS AND COMMUNITIES ACROSS AMERICA. AND. WHEREAS, BY OBSERVING HOME OWNERSHIP MONTH WE ACKNOWLEDGE THE IMPORTANCE OF HOUSING
WHETHER OWNING RENTING OR ASPIRING TO OWN AND RENT OR RENT AND. WHEREAS THROUGH THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF BLOOMINGTON KNOWN AS HRA FOR CURRENT RESIDENTS AND THOSE DESIRING TO BECOME RESIDENTS CAN ACCESS RESOURCES
AND HOUSING STABILITY AND PATHWAYS TO HOMEOWNERSHIP WHEREAS EACH YEAR AND THROUGHOUT THE YEAR WE WILL FOSTER HOME OWNERSHIP CREATION
AND PRESERVATION OPPORTUNITIES IN THE CITY OF BLOOMINGTON. THEREFORE I HRC CHAIR JENNIFER MILLER DO HEREBY PROCLAIM JUNE
2026 AS HOME OWNERSHIP MONTH IN BLOOMINGTON, MINNESOTA. ALL RIGHT. AND NOW WE ARE ON TO NEW BUSINESS.
SO ITEM 5.1 DEVELOPMENT AGREEMENT WITH OUTLIER DEVELOPMENT. MAY WE HAVE THE STAFF REPORT ? ALL RIGHT.
ALL RIGHT. GOOD EVENING, CHAIR AND COMMISSIONERS. MY NAME IS SARAH R ADMINISTRATOR HERE TO PRESENT ON THIS ITEM WE ALSO HAVE THE DEVELOPMENT TEAM HERE WITH US THIS EVENING. I FELT LIKE WE NEEDED A ROUND
OF APPLAUSE AFTER THAT PROCLAMATION SO IT'S EXCITING TO HAVE AN ITEM SO RELEVANT TO HOMEOWNERSHIP FOLLOWING THAT. SO HERE I WILL GO AHEAD AND WALK THROUGH THE PROPOSED DEVELOPMENT PROJECT.
JUST SOME BACKGROUND HERE. THIS IS PART OF THE BLOOMINGTON AFFORDABLE HOMEOWNERSHIP PROGRAM. THIS WAS LAUNCHED IN 2024 WHEN WE SECURED A SIGNIFICANT GRANT FROM MINNESOTA HOUSING
TOTALING 3.2 TO DEVELOP 27 SMALL SCALE PROPERTIES IN 2025 . WE'VE SEEN SOME OF THESE DEVELOPMENT PROJECTS GET UNDERWAY. WE HAVE FOUR PROPERTIES UNDER CONTRACT WITH HABITAT. TWO ARE UNDER CONSTRUCTION, A
COUPLE OF PROPERTIES UNDER CONTRACT WITH MAGNOLIA HOMES AND THEN THESE TWO PROPERTIES WHICH ARE UNDER CONTRACT WITH OUTLAW DEVELOPMENT AND SO THE ACTIONS PREVIOUSLY RELATING TO THIS SITE OR THESE TWO SITES
THERE WAS A SELECTION OF THIS DEVELOPER IN NOVEMBER 2025 FOLLOWING A AN RFP AND THEN A REQUEST FOR PROPOSALS AND THEN THE PURCHASE AGREEMENT WAS APPROVED IN FEBRUARY.
SO WE ARE NOW COMING WE'VE BEEN WORKING ON THE SECURING FUNDING SOURCES AND WORKING ON THE DEVELOPMENT GAP AND SO NOW WE ARE COMING WITH A DEVELOPMENT AGREEMENT AND JUST A QUICK OVERVIEW.
>> GOALS OF THE BLOOMINGTON AFFORDABLE HOMEOWNERSHIP PROGRAM THERE ARE MANY IT PROVIDES AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR FAMILIES. OF COURSE FIRST AND FOREMOST THESE PARTICULAR HOMES WILL BE RESTRICTED TO FAMILIES MAKING
AT OR BELOW 80% OF THE AREA. MEDIAN INCOME. THERE'S ALSO SOME OTHER GOALS INCLUDING REMOVING WE HAD SOME PROPERTIES BLIGHTED HOME IS SLIGHTLY OLD OUTDATED
LANGUAGE. IT'S FORMAL LANGUAGE THAT'S INCLUDED IN COMMUNITY DEVELOPMENT DEVELOPMENT, BLOCK GRANT FUNDING AND SO SOME OF THESE PROPERTIES WERE ACQUIRED WITH CDBG FUNDS SO
THERE'S RECOGNITION OF THAT GOAL IN THIS LANGUAGE. IT ALSO BRINGS SOME VACANT PROPERTIES BACK INTO THE TAX ROLLS GENERATING TAXES FOR THE CITY. THESE THESE UNITS ARE ACCESSIBLE.
THEY HAVE ACCESSIBILITY REQUIREMENTS FROM THE STATE OF MINNESOTA AND ALSO ESPECIALLY FOR THESE TWO SITES THEY'RE PRETTY THEY'RE SMALL INFILL SITES. THEY'RE NOT SURROUNDED BY A LOT OF EMPTY LAND. SOME OF THESE SITES CAN BE
REALLY HARD TO DEVELOP OR WON'T BE DEVELOPED IN THE PRIVATE MARKET WITHOUT PUBLIC SUPPORT. ALL RIGHT. SO HERE'S SOME INFORMATION ABOUT THE PROJECT. THERE ARE TWO SITES EACH ONE
WITH ONE DETACHED SINGLE FAMILY HOME AND THEY'RE SMALLER SITES. SO THESE CAN FIT ONLY ONE HOME APPROXIMATELY 700 1700 SQUARE FEET WHICH IS FAIRLY STANDARD
SIZE HOME MEAN LEVEL BEDROOM AND BATHROOM WITH BASEMENT WITH THREE BEDROOMS. HOMES ARE DESIGNED TO FIT INTO THE EXISTING NEIGHBORHOODS. IT IS EMBEDDED IN AN EXISTING
SINGLE FAMILY HOME NEIGHBORHOOD INCLUDES SOME AMENITIES ATTACHED GARAGE FINISHED BASEMENT GREAT ROOM AT ROOM AND HERE'S THE CLOSE
UP OF THE SITES SO YOU CAN SEE THAT THEY'RE REALLY EMBEDDED IN THESE NEIGHBORHOODS WITH A LOT OF COMPARABLE SINGLE FAMILY HOMES. AND HERE IS I APOLOGIZE I BLEW THIS ONE UP AND IT WAS A LITTLE BIT BLURRY.
BUT THESE ARE CONCEPT ELEVATIONS NOT NECESSARILY A DRAWING OF EXACTLY WHAT THE HOUSE WILL LOOK LIKE BUT SOME CONCEPTS THAT A DEVELOPER AT LAW DEVELOPMENT HAS USED FOR SIMILAR DEVELOPMENT PROJECTS. >> OKAY. WHICH BRINGS US TO THE
FUNDING. SO WE ALL KNOW WE'VE SEEN GAPS CONTINUE TO RISE. WE'VE SEEN COSTS CONTINUING TO RISE. A COUPLE KEY CONTRIBUTING FACTORS THEIR LABOR COSTS PREVAILING WAGE ALSO
ESPECIALLY FOR SMALL CONTRACTORS THERE IS AN INCREASED ADMINISTRATIVE REQUIREMENT TO BE TRACKING EVERY SINGLE PAYROLL AND SUBMITTING TRACKING FOR THAT COST OF CAPITAL BASICALLY
MEANING INTEREST RATES HAVE INCREASED, MATERIAL COSTS HAVE INCREASED, WE'RE SEEING COST INCREASES ACROSS THE BOARD SO BOTH BOTH OUTLAW DEVELOPMENT AND THE HRA. WE HAVE PARTNERED TOGETHER TO
LOOK AT FUNDING SOURCES THAT CAN FILL THE GAP THAT'S GENERATED. SO OF COURSE IMPACT FUND THIS IS WHAT LAUNCHED THIS PROGRAM AND THIS IS A PRETTY SIGNIFICANT SOURCE OF FUNDING
FOR THIS PROJECT. THEY ALSO APPLIED FOR AND RECEIVED FUNDS FROM HENNEPIN COUNTY AND THE AMOUNT OF 100,000 PER SITE WHICH WAS VERY EXCITING TO HEAR JUST IN THE LAST COUPLE OF WEEKS.
AND THEN ANOTHER SOURCE IS THE SALES PRICE. SO BECAUSE THESE ARE RESTRICTED FOR THEIR CAPPED BASICALLY AND THE SALES PRICE THAT'S WHAT GENERATES THE GAP YOU YOU'RE ESSENTIALLY SELLING
THEM FOR LESS THAN YOU'RE BUILDING THEM FOR SO WE'RE FUNDING THE GAP IN BETWEEN AND THEN WHAT IS THE HRA CONTRIBUTION? SO THE HRA ALREADY OWNS THE LAND. THE PROPERTY WAS ACQUIRED IN 2023 AND SO WE ARE ISSUING
OR THE PROPOSAL IS TO ISSUE A LAND WRITE DOWN FOR THE DEVELOPER AND THEN EITHER SO ONE HOME USES LARGER LOCAL AFFORDABLE HOUSING AID DOLLARS
AND THE OTHER PROPERTY USES LOCAL HOUSING TRUST FUND WHICH IS ALSO A STATE GRANT THAT WE'VE RECEIVED ALL IN APPLYING FOR FUNDS FOR THIS PROJECT. OKAY.
AND HERE IS A SOURCES AND USES SO YOU CAN SEE HERE CONSTRUCTION COSTS ARE THE LARGEST PERCENTAGE OF THE COSTS AS IS TYPICAL.
A LOT OF THESE ARE FAIRLY STANDARD IN THE INDUSTRY DEVELOPER FIGURE 8% IS A STANDARD DEVELOPER FEE YOU CAN SEE THE PURCHASE PRICE IS WRITTEN DOWN THERE TO $1. THERE ARE SOME CONTINGENCY
FUNDS WHICH IS ABOUT I THINK IT WAS AROUND 3 OR 5% OF THE TOTAL 4%. SO RIGHT THERE 4% OF THE TOTAL COST AND THEN THERE ARE OTHER SOFT COSTS. SO THESE COSTS INCLUDE THINGS LIKE GETTING FINANCING,
SELLING THE PROPERTY ARCHITECTURE AND DESIGN AND THOSE TYPES OF THINGS AND END AROUND 13% I WOULD SAY 10 TO 15 EVEN UP TO 20% IN SOME CASES IS FAIRLY STANDARD FOR
THESE HOMES. SO YOU CAN SEE HERE THAT TOTAL COST IS SIGNIFICANT TO BUILD A SINGLE FAMILY HOME AND SO THAT'S WHY WE'RE TRYING TO SEEK ALL OF THESE DIFFERENT FUNDING SOURCES.
AND SO HERE'S HOW WE'RE PROPOSING TO FILL THE GAP. YOU CAN SEE SALES PROCEEDS THERE. THESE ARE 2026 NUMBERS. SO IT IS POSSIBLE IN 2027 THIS MIGHT ACTUALLY INCREASE A LITTLE BIT BECAUSE THOSE
NUMBERS TEND TO UPDATE A LITTLE BIT PER YEAR. THESE ARE A MINNESOTA HOUSING IMPACT FUNDS WHICH ARE DESIGNATED FOR THE GRANT THUS THE GRANT FROM THE CERT TO THE PROJECT IS THE GRANT FROM THE STATE HENNEPIN COUNTY HOME
ASSISTANT FUND AND THEN YOU CAN SEE HERE JUST IN ORDER TO MINIMIZE THE NUMBER OF SOURCES FOR EACH PROJECT WE'VE COMMITTED OR THE PROPOSAL IS
TO COMMIT 75,000 FOR EACH PROPERTY BUT THEY'RE FROM DIFFERENT SOURCES SO ONE IS FROM LARGER WHICH IS THE TARGET IS TO SERVE FAMILIES THAT ARE AT OR BELOW 80% AMI
AND THEN THE OTHER IS THIS LOCAL HOUSING TRUST FUND. SO THERE ARE COMPARABLE FUNDING STACKS. WE'RE JUST USING DIFFERENT SOURCES. >> OKAY. AND THEN THE KEY TERMS OF THE
DEVELOPMENT AGREEMENT IT SPELLS OUT THE FINANCIAL CONTRIBUTION AND INCLUDES IN THERE THE THE HENNEPIN COUNTY FUNDS ARE GRANTED DIRECTLY TO THE DEVELOPER THE
IMPACT FUNDS ARE THROUGH THE CITY BUT IT KIND OF SPELLS ALL THAT OUT REQUIRES THE DEVELOPER TO MEET ALL GRANT REPORTING AND REQUIREMENTS SO SOME OF THOSE FROM THE STATE OUR VISIT ABILITY WHICH IS A
FANCY STATE WORD FOR ACCESSIBILITY PREVAILING WAGE REQUIREMENTS AND THEN THEN THE INCOME RESTRICTION THE HRA ASSISTANCE IS STRUCTURED AS A DEFERRED LOAN. THERE IS A LOOK BACK PROVISION
WHICH BASICALLY MEANS THAT IF THE COSTS COME BACK LESS THAN WHAT THE DEVELOPER HAS ESTIMATED AND THESE SOURCES AND USES THEN THE HRA WOULD RECEIVE A REPAYMENT OF ANY
EXCESS FUNDS THAT WERE NOT NEEDED FOR A GAP. IT ALSO INCLUDES DUTIES OF THE DEVELOPER WHICH INCLUDE FINDING A BUYER, CONSTRUCTING THE HOME, SECURING FINANCING
AND THEN THERE IS A 30 YEAR RENTAL RESTRICTION AND AFFORDABILITY SALE COVENANT WHICH BASICALLY GOES TO ENSURE THAT THE PROPERTY IS OCCUPIED BY A HOMEOWNER AND THAT IT
STAYS AFFORDABLE AT SALE FOR 30 YEARS. OKAY. AND THEN I'LL ALSO SAY, YOU KNOW, WE KNOW THAT THE THE GAPS ARE HIGH ESPECIALLY FOR SINGLE FAMILY HOMES.
AND SO WHAT DOES THIS MEAN FOR OUR LARGER PROGRAM SO WE STARTED TO THINK ABOUT, YOU KNOW, HOW CAN WE APPLY THESE LEARNINGS TO FUTURE PROJECTS MOST NOTABLY ST MARK'S BECAUSE THAT'S A LARGE PROJECT WITH A NUMBER OF DIFFERENT
DEVELOPMENTS AND SO ONE OPTION IS TO BRING BEFORE THE BOARD A NEW OR A SLIGHTLY REVISED DESIGN FOR ST MARK'S NOT GREATLY INCREASING THE DENSITY BUT INSTEAD OF SINGLE FAMILY
HOMES PERHAPS SOME DEMONSTRATION PROJECTS FOR THE NEWLY PASSED MISSING RENTAL ORDINANCE WHICH WOULD BE AN INNOVATIVE USE PROBABLY ONE OF THE FIRST USES OF SOME OF THESE MISSING LITTLE FLEXIBILITY IS THAT WE HAVE
NOW RECENTLY AND SO WE COULD DO THINGS LIKE DUPLEXES OR TRIPLEXES AND SO WE'RE KIND OF LOOKING AT WHAT OPTIONS THE SITE HAS TO OFFER THAT MIGHT ALLOW US TO DO A LITTLE BIT OF A REDESIGN AND LOWER THE
GAPS AND DO SOME INNOVATIVE CREATIVE PROJECTS AND THEN CONTINUING SECURING SOURCES. I THINK ONE THING WE'VE ALSO LEARNED THROUGH THIS PROCESS OF SECURING THIS DEFERRED FUNDING IS THAT DEVELOPMENT
PROJECTS ESPECIALLY IN THE SUBURBS AT 80% AMI THESE ARE HIGHLY AFFORDABLE SUBURBAN PROJECTS AND SO THEY'RE VERY COMPETITIVE FOR FUNDING. SO WE'VE BEEN RECEIVING
SIGNIFICANT GRANT RESOURCES AND WE EXPECT TO CONTINUE APPLYING AND HOPE TO CONTINUE RECEIVING ADDITIONAL RESOURCES . THEN THERE IS ALSO OTHER OPTIONS INNOVATION AND CONSTRUCTION MODULAR YOU KNOW
MODULAR IS DIFFICULT TO MAKE WORK FOR A SINGLE FAMILY HOME BECAUSE THERE STILL CAN ACTIVITIES THAT NEED TO HAPPEN ON THE SITE. AND SO YOU KNOW FOR A STANDALONE SITE YOU'RE REALLY LOOKING AT THE MODULAR
CONSTRUCTION GIVES YOU ECONOMIES OF SCALE WHICH DON'T EXIST FOR A SINGLE FAMILY HOME AND SO BUT THERE MAY BE SOME OPTIONS AT THE ST MARK SITE AND THEN EXPLORATION OF INCREASING SCALE OF PROJECTS WHICH IS YOU KNOW
IN LINE OF SOME OF THOSE SAME CONCEPTS. ALL RIGHT NEXT STEPS IN ANTICIPATED TIMELINE IF APPROVED BY THE HRA TONIGHT THEN THE GOAL WOULD BE TO
CLOSE ON THE LOTS WITH THE DEVELOPER IN JULY AND COMPLETE THE BIDDING PROCESS FOR CONSTRUCTION. BEGIN CONSTRUCTION FAIRLY SOON WITH A GOAL OF HAVING CONSTRUCTION COMPLETED EARLY TO MID NEXT YEAR AND THEN
HAVING OCCUPANCY BY MIDDLE OF NEXT YEAR. >> OKAY. AND THEN THIS IS JUST A NOTE I KNOW THERE'S QUESTIONS AROUND HOW MUCH LARGER FUNDING HAVE
WE COMMITTED WHERE WHERE DO WE STAND WITH LARGER RESOURCES AVAILABLE. AND SO THESE ARE THESE ARE CONFIRMED DOLLAR AMOUNTS THAT HAVE BEEN APPROVED BY THE HRA
AND THE CITY COUNCIL. SO YOU CAN SEE THE EMERGENCY RENTAL ASSISTANCE WAS THERE THE HEIGHTS THIS PROJECT IS THE LAST ONE DOWN THERE OUT LAW DEVELOPMENT AND WE HAVE THE PROPOSED DOWNPAYMENT
ASSISTANCE WHICH IS THE NEXT ITEM AND THEN IT'S A LITTLE CUT OFF THERE BUT THE SOUTHVIEW ESTATES REHAB PROJECT ALSO HAD A COMMITMENT OF LARGER AND WHERE DOES THIS PUT US FOR THE OVERALL DOLLARS
THAT WE'VE RECEIVED? SO WE ANTICIPATE ABOUT 1.4 MILLION ANNUALLY OR SO FOR 2025 AND 26 THE 2024 AMOUNT WAS SLIGHTLY LOWER AND SO YES, THANK YOU VERY MUCH.
SO YOU CAN SEE WITH THESE COMMITMENTS WHERE WE ARE WITH ACCORDING TO THE THE CATEGORIES OF SPENDING THAT WERE APPROVED WHICH ARE AFFORDABLE HOMEOWNERSHIP AND
AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION HOW MUCH WE HAVE LEFT IN EACH OF THESE CATEGORIES. SO THERE'S STILL SIGNIFICANT BALANCE LEFT FOR LATER AND WE'RE ALSO MOVING FORWARD WITH SPENDING WITH SOME SOME
PROJECTS WE HAVE A COUPLE OTHER PROJECTS STILL IN CONSIDERATION. WE WOULD ANTICIPATE BRINGING FORWARD ADDITIONAL PROPOSALS TO USE LARGER DOLLARS FOR THE BLOOMINGTON AFFORDABLE HOMEOWNERSHIP PROGRAM.
WE ALSO TALKED ABOUT THE WILSON DEVELOPMENT PROJECT AT THE LAST MEETING. SO THESE ARE THE DOLLAR AMOUNTS ARE NOT CONFIRMED AND SO I HAVEN'T ASSIGNED DOLLAR AMOUNTS HERE BUT WE'RE ALSO WORKING WITH A COUPLE OF OTHER
PROJECTS THAT MAY BE A GOOD MATCH FOR FOR LARGER FUNDS BUT STILL ASSESSING ELIGIBILITY AND THINGS LIKE THAT. OH OH, I'M SO SORRY.
THIS IS THE WELL I WILL LEAVE IT HERE AND ASK FOR ANY QUESTIONS. I THINK I PUT THE WRONG MOTION ON THE SLIDE SO SORRY ABOUT THAT BUT YEAH I'M HERE AND THE DEVELOPER IS ALSO HERE TO
ANSWER ANY QUESTIONS QUESTIONS COMMISSIONER I HAVE A COUPLE. FIRST OFF IS IT POSSIBLE TO GET A COPY TO SUMMARY BECAUSE I DON'T THINK IT WAS IN OUR PACKET. YES BE GOOD. CAN YOU SHARE WITH US THE
EFFECTS OF PREVAILING WAGE ON PROJECTS THAT ARE IS AMALL DISEASE? YEAH I MIGHT ASK THE DEVELOPERS IN AN IN THE DETAILS OF THIS MUCH MORE THAN
ME SO I MIGHT ASK THEM TO TALK ABOUT THAT A LITTLE BIT MORE . THANK YOU COMMISSIONERS SEAN DEVINE WH OUR LAW DEVELOPER
AT PREVAILING WAGE AS A WHOLE NUMBER INCREASES CONSTRUCTION COSTS BY 25 TO 40%.
IT'S DUE TO THE FACT THAT THERE IS THIS AS AS SARA ALLUDED TO, THERE'S SIGNIFICANT REPORTING REQUIREMENTS THAT FOR OUR
SMALLER GENERAL CONTRACTORS TAKE UP QUITE A BIT OF THEIR TIME AND IT ALSO LIMITS THE POOL OF SUBCONTRACT ACTORS
THAT HAVE EXPERIENCE DEALING WITH PREVAILING WAGE AND CAN REPORT ACCORDINGLY. I DID WANT TO COMMENT ON SARA
HAD ALLUDED TO THE FACT OF OF EXPLORING OTHER TYPES OF CONSTRUCTION FOR THE ST MARK'S SITE.
ONE ADVANTAGE THAT MODULAR HOUSING DOES HAVE IS THOSE ARE BUILT OFFSITE SO THEY'RE NOT
FROM MY UNDERSTANDING THEY'RE NOT RESTRICTED TO THE PREVAILING WAGE SO YOU CAN KIND OF BUILD OFFSITE IN A FACTORY AND THEN PLACE AND CONSTRUCT ON SITE.
SO WE'VE LOOKED INTO A LOT OF MODULAR COMPANIES ARE SEVERAL IN MINNESOTA WE HAVEN'T QUITE FOUND THE PROJECT THAT WORKS OUT FOR IT
BECAUSE OF THERE'S AN EXTREME LEAD TIME BECAUSE OF THESE MODULAR UNITS ARE CONSTRUCTED IN A FACTORY AND A LOT OF TIMES THE LARGER APARTMENT
BUILDINGS TAKE PRECEDENT OVER SMALLER INFILL PROJECTS. BUT WITH DEVON GEORGES MINNEAPOLIS LOCATION COMING
ONLINE I THINK THAT COULD BE SOMETHING FOR THE CITY OF BLOOMINGTON TO EXPLORE. SORRY I KIND OF WENT OFF ON A TANGENT BUT APPRECIATE IT. THANK YOU.
DID YOU HAVE A SECOND QUESTION I GOT WANT TO LET ME OTHER QUESTIONS COMMENTS OKAY WELL
THEN WE NEED TO YOU HAVE THE MOTION LANGUAGE . OKAY ON TOP THERE. OKAY SO WE HAVE A MOTION TO
APPROVE A RESOLUTION APPROVING GAP ASSISTANCE IN A CONTRACT FOR PRIVATE DEVELOPMENT WITHOUT ALLIED DEVELOPMENT LLC
OF PROPERTY LOCATED AT 8313 BLEASDALE AVENUE SOUTH AND 1 TO 1 ZERO WEST 82ND STREET IN THE CITY OF BLOOMINGTON.
SO MOVE MOVED BY COMMISSIONER WOOTEN SECOND SECOND BY COMMISSIONER ROBERTSON. MAY WE HAVE THE ROLL CALL VOTE THANK
VIA WEBEX COMMISSIONER DOUBLING HER I COMMISSIONER ROBERTSON I AM COMMISSIONER CARTER I'M COMMISSIONER WOODEN
I CHAIR MUELLER I SO MOTION PASSES FIVE ZERO. NEXT ITEM 5.2 DOWN PAYMENT ASSISTANCE AGREEMENT WITH
HABITAT FOR HUMANITY MAY WE HAVE THE STAFF REPORT ? ALL RIGHT. I'M GLAD FOR THE PRESENTATION
TURNOVER BECAUSE IT GIVE ME A MOMENT TO GRAB MY WATER SO OKAY. ALL RIGHT.
WELL OKAY, SOME BACKGROUND ON THIS PROJECT AS WELL. SO THIS IS A CONTRACT FOR DOWNPAYMENT ASSISTANCE WITH TWIN CITIES HABITAT FOR
HUMANITY LANDING ALSO KNOWN WITH A VERY LONG ACRONYM S T C H F H LENDING AND THE HRA. SO THIS THIS PROGRAM HAS BEEN UNDER DISCUSSION SINCE 2023.
THERE WAS AN MOU, A MEMORANDUM OF UNDERSTANDING APPROVED IN DECEMBER 2023 AND SO HOW ABOUT HABITAT HAS BEEN CONTINUING TO WORK ON THIS PROGRAM AND ANTICIPATING
ISSUING LOANS IN ANTICIPATION OF A FORMAL CONTRACT SO THAT IS ACTION BEFORE THE BOARD TONIGHT AND THAT IS TO APPROVE THE FORMAL CONTRACT AND ALSO THE USE OF LOCAL AFFORDABLE HOUSING EIGHT OR LAW FOR THIS PURPOSE.
ALSO I JUST WANT TO ACKNOWLEDGE THE HISTORY OF THIS PARTICULAR ITEM WHICH IS THAT IT IS ONE OF THE HRA HAS A GOAL AND A MISSION OF SERVING THOSE MOST MARGINALIZED THROUGH ALL
OF ITS PROGRAMS AND WE ARE ALSO IN AN ENVIRONMENT WITH SOME CHANGING FEDERAL GUIDELINES. AND SO THIS IS AN EXAMPLE OF A PROGRAM THAT HAS BEEN ADJUSTED AND BROADENED IN ORDER TO FULFILL THOSE FEDERAL
REQUIREMENTS. OKAY. SO WHY LARGER AND THERE'S A COUPLE REASONS WHY LA IS BEING PROPOSED FOR THIS CONTRACT. IT'S A GOOD MATCH FOR THE USE.
IT'S AN ONGOING USE. WE DO ANTICIPATE THAT ANNUAL INFUSION OF LARGER DOLLARS FROM THE STATE AND THE HRA. THE CITY COUNCIL APPROVE THIS
5050 SPLIT SO THIS CLEARLY FOLLOWS INTO THE AFFORDABLE HOMEOWNERSHIP CATEGORY AND WE'VE BEEN CONSIDERING USING DOWNPAYMENT ASSISTANCE FOR THIS USE IN PREVIOUS ACTION ITEMS BEFORE THE HRA IN THE
CITY COUNCIL. THIS WAS IDENTIFIED AS A POTENTIAL USE FOR THESE FUNDS THE ELIGIBILITY LINES INCLUDING THE INCOME REQUIREMENTS SO LARGER REQUIRES US TO PRIORITIZE
FAMILIES AT 80% OR BELOW AREA MEDIAN INCOME OR AM I FOR HOMEOWNERSHIP PROJECTS? IT DOES ALLOW US TO GO UP TO 115% OF AMI BUT THE REQUIRED
PRIORITIZATION IS 80% AND SO AND HABITAT'S PROGRAM ALSO IS TAILORED FOR FOLKS AT 80%. AM I IT ALSO HAS BEEN A GOOD
GAP RESOURCE. SO AS YOU CAN SEE FROM THE PREVIOUS ITEM AND SOME OF THE PROJECTS THAT WE HAVE IDENTIFIED TO USE LA FOR IT HAS BEEN USED AS A FAIRLY FLEXIBLE AND A GOOD GAP
RESOURCE FOR CITIES AND COUNTIES TO USE FOR DIFFERENT TYPES OF PROJECTS. >> THIS IS THE SAME INFORMATION THAT WAS IN THE PREVIOUS ONE.
I'M JUST TRYING TO ACKNOWLEDGE WHERE WE ARE WITH LA SPENDING WITH EVERY ITEM YOU CAN SEE BOTH OF OUR ACTIONS HERE TONIGHT FOR UNDER CONSIDERATION THERE AND THEN AGAIN THE CATEGORY BREAKDOWN
OKAY THE TERMS OF THE CONTRACT ARE THE FIRST $250,000 PAYMENT WOULD BE ISSUED UPON CONTRACT EXECUTION AFTER HABITAT SUBMITS EVIDENCE OF QUALIFYING
EXPENDITURES, THEY WOULD BE ELIGIBLE TO RECEIVE ANOTHER $250,000. PAYMENTS CANNOT BE ISSUED MORE THAN ANNUALLY SO IT IS CAPPED AT THAT MAXIMUM 250,000 PER YEAR AND AGAIN HAS TO HAVE
EVIDENCE OF QUALIFYING EXPENDITURES. IT IS A FIVE YEAR TERM 2026 WOULD BE THE FIRST YEAR FOR THE PAYMENTS GOING THROUGH 2030. THE CONTRACT DOES HAVE THE
ABILITY TO TERMINATE AT ANY TIME AND WE'VE BUILT INTO THE REPORTING REQUIREMENTS IN THIS CONTRACT. SO ANNUAL REPORTING TO THE AGENCY SOME OF THE OTHER REPORTING REQUIREMENTS
INCLUDED OUR COPY OF AN EXECUTED PURCHASE AGREEMENT AND THEN SOME INFORMATION ABOUT WHO'S BEING SERVED THROUGH THESE DOLLARS HOUSEHOLD INCOME AMOUNT OF ASSISTANCE, PROPERTY PURCHASE PRICE FOR EACH
PAYMENT ISSUED AND THEN THIS DOES INCLUDE IT'S WELL IT'S IT'S CALLED SERVICING AND NAVIGATION FEE I BELIEVE IS
THE CORRECT LANGUAGE THERE FOR A 2500 PER LOAN ISSUE WHICH CANNOT EXCEED 10% OF THE TOTAL PAYMENT AMOUNT. SO THERE IS SOME DOLLARS IN THERE FOR HABITAT TO BE ABLE TO COVER THE EXPENSES
OF ISSUING THESE THESE PAYMENTS. OUR NEXT STEPS IF APPROVED THEN THE CONTRACT WOULD BE EXECUTED AND HABITAT WOULD
RECEIVE THEIR FIRST PAYMENT AND THEN BE ELIGIBLE FOR MORE PAYMENTS BEGINNING IN 2027 WITH THE CONTRACT PROPOSE CONTRACT REQUIREMENTS OF ANNUAL REPORTING AND UPDATES PROVIDED TO THE HRA
AND THIS IS THE CORRECT MOTION BUT ACTUALLY WE HAVE HABITAT FOR HUMANITY IS HERE TO GIVE A SHORT PRESENTATION ON THEIR PROGRAM I HOPE.
GOOD EVENING EVERYONE. IT'S NICE TO BE HERE WITH YOU. MY NAME IS BETHANY NAGIN. I AM SHE HER PRONOUNS I AM THE DIRECTOR OF LENDING AT T C H OF H LENDING INC WHICH IS THE
LENDING SUBSIDIARY OF TWIN CITIES HABITAT FOR HUMANITY. A LITTLE BACKGROUND ON HABITAT FOR HUMANITY. OUR MISSION IS TO WE BRING PEOPLE TOGETHER TO CREATE, PRESERVE AND PROMOTE AFFORDABLE HOMEOWNERSHIP AND
ADVANCE RACIAL EQUITY IN HOUSING. YOU CAN SEE A LITTLE SNAPSHOT HERE WE CURRENTLY HAVE OVER 1600 HOMEOWNERS THAT WE HAVE
WORKED WITH. WE HAVE DONE OVER 2000 HOME REPAIR PROJECTS IN OUR PRESERVATION WORK. WE ENGAGE WITH OVER 15,000 VOLUNTEERS ANNUALLY AND THEN
WE ALSO HAVE THREE RETAIL LOCATIONS. THOSE ARE OUR STORES WHERE WE WORK ON SUSTAINABILITY AND YOU KNOW WE YOU KNOW, KEEPING THINGS OUT OF LANDFILLS AND
COLLECTING DONATIONS. SO IT'S KIND OF LIKE THE OVERARCHING OF THE WORK THAT WE DO. SO ON THE HOUSING CONTINUUM, EVERYTHING FROM EMERGENCY
SHELTER TO HOMEOWNERSHIP IS AN IMPORTANT STEP AND WE REALLY SPECIALIZE IN THE HOMEOWNERSHIP SPACE OF THAT IN THAT HOMEOWNERSHIP SPACE WE OPERATE IN THE SEVEN COUNTY
METRO AREA. WE WORK WITH HOUSEHOLDS THAT ARE 30 TO 80% AMI AND AS FIRST TIME HOMEBUYERS AND THE PRODUCTS AND SERVICES THAT WE
HAVE THIS IS A LITTLE BIT ABOUT THE DIFFERENCE BETWEEN OUR PARENT ORGANIZATION TWIN CITIES, HABITAT FOR HUMANITY AND OUR SUBSIDIARY TCHC LENDING INC.
SO TWIN CITIES HABITAT FOR HUMANITY IS DEVELOPING HOMES THERE. WE HAVE A FINANCIAL COACHING PROGRAM TO HELP PREPARE HOUSEHOLDS FOR HOMEOWNERSHIP
AND THEY PROVIDE AFFORDABILITY ASSISTANCE IN THE IN DOWNPAYMENT ASSISTANCE AS WELL AS THE DEVELOPMENT OF THE PROPERTIES.
THE SUBSIDIARY IS WHOLLY OWNED BY THE PARENT AND SO LENDING INC TS H H LENDING INC WHICH THAT IS OUR LEGAL NAME IT WAS WE JUST NEVER THOUGHT IT WOULD
BE A PUBLIC NAME AND TURNS OUT IT IS BUT SO WE APPROVED THE MORTGAGE LOANS TO BORROWERS. WE MEET REGULATION AND COMPLIANCE RULES. WE'RE RESPONSIBLE FOR ALL OF THE MORTGAGE ACTIVITIES
ORIGINATION SERVICING. WE'RE A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION AND SO WE ALSO PARTICIPATE IN THE COMMUNITY IN THAT WAY BEFORE I
SKIPPED THAT I'LL STAY ON THIS SLIDE SO WE HAVE A THE STRUCTURE OF OUR MORTGAGES AND HOW WE CREATE AFFORDABLE HOMEOWNERSHIP IS THAT WE WORK
WITH A HOUSEHOLD BOARD AND WE START WITH THEIR MONTHLY INCOME AND WE MAKE THEIR MORTGAGE PAYMENT SO PROPERTY ARE PRINCIPAL INTERESTS TAXES,
INSURANCE AND HOA DUES OR LAND TRUST GROUNDLESS FEES IF APPLICABLE I'LL GO INTO THAT PAYMENT AND WE LIMIT THAT PAYMENT TO 30% OF THEIR MONTHLY INCOME.
AND SO AN EXAMPLE OF THAT IS A FAMILY OF FOUR AT 50% AMI IS GOING TO APPROXIMATELY HAVE ABOUT $600 A MONTH TO GO TOWARDS THEIR MORTGAGE PAYMENT
AND AT ABOUT 5.75 INTEREST RATE WHICH YOU KNOW INTEREST RATES CAN CHANGE BUT JUST FOR THIS EXAMPLE THAT WOULD GET
THEM I BELIEVE UP TO ABOUT A 2000 OR 2800 EITHER 27 TO 278 SORRY MATH IN MY HEAD IS HARD
270,000 TO $280,000 PRINCIPAL SO THAT'S WHAT THEY'RE PURCHASING POWER WOULD BE WITHOUT ANY DOWN PAYMENT ASSISTANCE. I THINK YOU MIGHT ALL BE AWARE THE AVERAGE HOME COSTS ARE
MUCH HIGHER THAN THAT. SO WHAT WE PROVIDE IS ALSO DOWNPAYMENT ASSISTANCE LOANS TO HELP WITH THAT AFFORDABILITY GAP. SO WE HAVE MULTIPLE SOURCES
THAT WE USE OUR OWN FUNDS THAT WE'VE RAISED THROUGH PHILANTHROPY. WE ALSO SEEK SIMILAR RESOURCES. MINNESOTA HOUSING IMPACT FUNDS, FHA I'LL BE YOU KNOW,
DIFFERENT CITIES COUNTIES H.R. IS THAT HAVE YOU KNOW FUNDS THAT CAN BE USED SO WE THEN FILL IN THAT AFFORDABILITY GAP
BETWEEN THE ACTUAL PURCHASE PRICE OF THE HOME AND WHAT THAT AFFORDABLE FIRST MORTGAGE IS TO QUALIFY FOR OUR PROGRAM YOU NEED TO BE A RESIDENT
OF THE SEVEN COUNTY METRO AREA FOR AT LEAST THE PAST 12 MONTHS. YOU HAVE TO BE A FIRST TIME HOMEBUYER AND THOSE INCOME RANGES THE 30 TO 80% INCOME
RANGE IF SOMEONE'S IN OUR PROGRAM AND THEY'VE BEEN ACCEPTED AND THEY ARE BELOW 80% BUT THEY HAPPEN TO TIP OVER LIKE THEY GET A RAISE OR A NEW JOB THAT PAYS A LITTLE BIT MORE AS LONG AS THEY STAY
UNDER 100%. AMI WE STILL WILL ALLOW THEM TO STAY IN OUR PROGRAM. WE DON'T WANT TO DISINCENTIVIZE ANYONE FROM YOU
KNOW, IMPROVING AND SO THAT'S THE THE BASICS OF HOW OUR OUR PROGRAM WORKS AND WHO OUR CLIENTS ARE SO IN OUR HISTORY
WE CURRENTLY HAVE NINE CLIENTS WHO ARE IN PROCESS WHO CURRENTLY LIVE IN BLOOMINGTON. WE HAVE 27 HOMEOWNERS THAT ARE CURRENT CLIENTS OF OURS SO
THEY HAVE AN ACTIVE MORTGAGE THAT THEY ARE PAYING AND WORK AND HAVE PURCHASED IN BLOOMINGTON SO OF ALL TIME AND THEN IN THE PAST 30 MONTHS WE'VE HAD SEVEN HOMEOWNERS WHO
HAVE ACHIEVED HOMEOWNERSHIP IN BLOOMINGTON WITH THE HELP OF OUR OUR PROGRAM AND THE DOWNPAYMENT ASSISTANCE IS AVAILABLE TO THE AVERAGE
HOMEOWNER PROFILE IN THE PACKET YOU RECEIVED THERE WAS A CHART WITH A BREAKDOWN AND A LITTLE BIT MORE DETAIL BUT THE AVERAGE INCOME AND THIS IS
OF THOSE SEVEN HOUSEHOLDS THAT JUST PURCHASED IN THE LAST 30 MONTHS SO SINCE DECEMBER OF 2023 SO THE AVERAGE INCOME IS 67,000 WITH AN AVERAGE AMI
OF 63% THE AVERAGE AMOUNT OF DOWNPAYMENT THEY RECEIVED WAS 42,200. THE AVERAGE PURCHASE PRICE WAS
301,000 APPROXIMATELY FIVE OUT OF THE SEVEN OF THOSE HOUSEHOLDS WERE A FEMALE HEAD OF HOUSEHOLD. 73% OF THE CLIENTS WERE BLACK,
INDIGENOUS OR PEOPLE OF COLOR IN THAT CHART YOU CAN SEE THE BREAKDOWN OF THAT. WE BREAK DOWN OUR OUR DEMOGRAPHICS OF RACE INTO WE
HAVE BLACK AND AFRICAN AMERICAN WHICH IS WHAT WE DEFINE AS FOUNDATIONAL AND BLACK HOUSEHOLDS AND THEN ALSO BLACK IMMIGRANT HOUSEHOLDS. SO WE HAVE DISAGGREGATED THAT
DATA. SO YOU CAN SEE IN THAT CHART THE PERCENTAGES THERE'S A LITTLE HISTORY ON THAT. WE FOUND IN OUR PRACTICE WHEN WE WHEN WE STARTED TO
DESEGREGATE THAT DATA WE SAW DIFFERENT SUCCESS RATES AND THERE'S A LARGER DISPARITY OF HOMEOWNERSHIP IN THE FOUNDATIONAL BLACK COMMUNITY
COMPARED TO ALL OTHER RACIAL GROUPS. AND SO WHEN WE DISAGGREGATED THAT DATA WE DISCOVERED THAT THAT GROUP WAS NOT ACHIEVING SUCCESS IN OUR PROGRAM EITHER.
AND SO WE MADE SIGNIFICANT CHANGES TO OUR PROGRAMING EVERYTHING FROM HOW WE SHOW UP IN COMMUNITY TO OUR HOW YOU APPLY TO THE PROGRAM GO THROUGH THE PROGRAM TO MAKE
SURE THAT WE WEREN'T UNINTENDED ONLY LEAVING GROUPS BEHIND. SO OUR PROGRAM IS AVAILABLE TO ANYONE WHO QUALIFIES ON THE THOSE THINGS THAT I LISTEDUT
WE HAVE INTENTIONALLY WANTED TO IMPROVE THE THAT RACIAL HOMEOWNERSHIP GAP IN THE TWIN CITIES. AND SO YOU KNOW THESE
STATISTICS ARE JUST THAT IT'S HARD TO LIKE YOU KNOW IT'S LIKE FOR ME LIKE STATISTICS TEND TO JUST FLOW RATE OVER MY HEAD BUT YOU KNOW WORKING WITH
THESE SPECIFIC CLIENTS LIKE I KNOW THE NAMES OF THESE SEVEN PEOPLE AND OR SEVEN HSEHOLDS AND THEY ARE THE MOST RECENT
TWO FROM EARLIER THIS YEAR WE KNOWING THAT WE HAD THIS AGREEMENT WE YOU KNOW WE WERE ABLE TO INCREASE THE AMOUNT OF DOWNPAYMENT ASSISTANCE ON
TOP OF THE OTHER RESOURCES WE ALREADY HAD FOR A FEW HOUSEHOLDS WHO WE KNEW WERE INTERESTED IN LIVING IN BLOOMINGTON. SO WE ADDED THAT TO THEIR PREAPPROVAL BECAUSE I DID FORGET TO MENTION WE OUR
MORTGAGE CAN BOTH BE USED TO BUY A HOUSE THAT WE'VE DEVELOPED AS HABITAT FOR HUMANITY OR YOU CAN TAKE OUR MORTGAGE AND GO WORK WITH A REAL ESTATE AGENT AND JUST SHOP FOR HOUSES OUT THERE AND
THEN WE PROVIDE SOME DOWNPAYMENT ASSISTANCE. SO WE WERE ABLE TO ADD, YOU KNOW, $50,000 TO PEOPLE'S PRE APPROVALS AND WE IMMEDIATELY SAW THEM ACHIEVE SUCCESS. THEY HAD BEEN LOOKING FOR A
FEW MONTHS AND WE'RE NOT ACHIEVING WHAT THEY WERE LOOKING FOR AND THEN ONCE WE WERE ABLE TO ADD IT WAS THE AMOUNT THAT WOULD JUST PUSH THEM OVER THE EDGE INTO SUCCESS AND FINDING WHAT THEY
WERE LOOKING FOR. SO IT WAS IT WAS PRETTY IT WAS STARKLY IMPACTFUL TO TO SEE THE DIFFERENCE THAT AS SOON AS WE WERE ABLE TO ADD THAT WE
WERE AND THEN AND THEN WE WERE OUT OF WE WERE WE HAD HIT OUR CAPS. SO THERE'S DEFINITELY MORE POTENTIAL WAITING. OH HERE'S THAT CHART RIGHT
THERE. SO IF YOU HAVEN'T LOOKED AT IT BUT YOU CAN SEE A SIGNIFICANT PORTION OF OUR CLIENTS ARE FOUNDATIONAL BLACK AMERICANS
AS WELL AS YOU KNOW, KIND OF REPRESENTING ALMOST MOST PEOPLE GROUPS AS WELL. I THINK THAT'S ALL. DO YOU HAVE ANY QUESTIONS FOR
ME OR SARAH? MY QUESTIONS COMMENTS COMMISSIONER CARTER YOU WANT TO START? NO. OKAY. COMMISSION RULE.
I HAVE A COUPLE. SARAH, CAN YOU EXPLAIN TO US BECAUSE I'M QUITE AWARE OF THE 2023 MOU I WAS ONE OF THE
COMMISSIONERS WHO ACTUALLY HAD A CHANCE TO SIGN OFF ON THAT. CAN YOU EXPLAIN TO US WHAT'S DIFFERENT FROM THAT MOU SPECIFICALLY?
>> YES, COMMISSIONERS THAT MOU WAS RESTRICTED TO IS ONLY TO THE FOUNDATIONAL BLACK HOUSEHOLDS THAT WERE TALKED ABOUT IN THIS PROGRAM.
THIS CONTRACT IS AVAILABLE TO ANYONE WHO APPLIES FOR A DOWN PAYMENT ASSISTANCE THROUGH HABITAT. CAN YOU WALK US THROUGH WHEN
THAT WAS CHANGED? THE RECOMMENDATION IS TO APPROVE THE CONTRACT NOW. SO THIS VOTE TONIGHT WOULD WOULD MEMORIALIZE THAT CHANGE
INTO A FORMAL CONTRACT THAT COME BEFORE THE BOARD? YES, THAT IS YES. SO THE MOU SO THERE HAS BEEN
NO PAYMENTS ISSUED BASED ON THE MOU. OH, SORRY. I JUST RAISED MY PODIUM HERE. THERE HAVE BEEN NO PAYMENTS ISSUED ON THAT MOU. WE WANTED TO MAKE IT INTO A FORMAL CONTRACT BEFORE WE
ISSUED PAYMENTS AND SO THAT IS THE ACTION BEFORE THE BOARD TONIGHT TO APPROVE THE FORMAL CONTRACT AND THEN BEGIN THE PROCESS OF ISSUING PAYMENTS .
I'M A LITTLE UNCLEAR. I'M NOT SURE YOU COMPLETELY ANSWERED COMMISSIONER WOOTEN'S QUESTION ABOUT THE TIMELINE OF LIKE WHEN DID THIS CHANGE AND IS THAT AM I CORRECT?
YEAH. YEAH IT IS DIFFERENT THAN WHAT WE SIGNED OFF ON IN 2023 COMPLETELY DIFFERENT AND THERE'S BEEN NO I MAYBE I'M WRONG BUT THERE'S BEEN NO DISCUSSION BEFORE THE BOARD
THAT THERE WAS GOING TO BE A CHANGE AND I AND I'M JUST CURIOUS AS TO WHEN THAT OCCURRED. YEAH. CHAIR AND COMMISSIONER SO WE'VE HAD CONVERSATIONS WITH HABITAT OVER THE LAST YEAR TO
WORK ON THE PROCESS OF NEGOTIATING THIS AGREEMENT SO DURING THAT TIME WE'VE BEEN YOU KNOW HAVING CONVERSATIONS ABOUT THE PROGRAM, ALSO HAVING SOME CONVERSATIONS AROUND CHANGING FEDERAL GUIDELINES
AND TRYING TO UNDERSTAND HOW THAT APPLIES TO THAT YOU AND SO THE FORMAL ACTION THE FIRST FORMAL ACTION FOR THE BOARD TONIGHT IS IS TO BRING THAT
CHANGE TO YOU FOR APPROVAL OKAY. OTHER QUESTIONS COMMISSIONER CARTER SO SO BASED ON THE
PRESENTATION TONIGHT, MY UNDERSTANDING IS THAT ALTHOUGH BECAUSE OF CHANGES AT THE FEDERAL LEVEL SO WHAT I'M HEARING IS CHANGES AT THE
FEDERAL LEVEL ARE NOW STAFF ARE FEELING LIKE THERE ARE SOME CHANGES TO THE LANGUAGE IN THE MOU THAT NEED TO BE MADE FOR A VARIETY OF REASONS . OBVIOUSLY WE HAVE SEEN WITH
THIS ADMINISTRATION HAS DONE TO PROGRAMS THAT FOCUS ON DIVERSITY EQUITY AND INCLUSION AND I HONESTLY DON'T EVEN
THINK WE'VE SEEN THAT BEGINNING IN THE HUD SPACE. BUT BUT WHAT I'M HEARING IN THE PRESENTATION THAT YOU JUST GAVE FROM HABITAT FOR HUMANITY IS THAT AND CORRECT ME IF I'M WRONG EVEN IF OUR
LANGUAGE IS BROADER IN THE CONTRACT IT SOUNDS LIKE THE PROGRAM PRIORITY FOR HABITAT FOR HUMANITY IS TO REDUCE THE DISPARITY GAP IN TERMS
IN HOMEOWNERSHIP. SO EVEN IF IT'S NOT IN THE CONTRACT THAT IS THE PRIORITY. YEAH, THAT'S CORRECT. WE I MEAN AS A THAT'S PART WHY I SHARED OUR MISSION STATEMENT
IS THAT WE REWROTE OUR MISSION STATEMENT I THINK PROBABLY ABOUT 5 OR 6 YEARS AGO TO INCLUDE THAT AS LIKE PART OF WHO WE ARE AS AN ORGANIZATION.
AND SO MOVING FORWARD YOU WILL CONTINUE TO PRIORITIZE RACIAL EQUITY AND REDUCING THAT GAP IN HOMEOWNERS SHIP. YES, THAT'S AND PARTICULARLY
FOR FOUNDATIONAL BLACK FAMILIES AND I MEAN DO YOU ANTICIPATE THAT PRIORITY CHANGING HABITAT FOR HUMANITY ? ARE YOU GUYS FEELING PRESSURE?
NO, WE ARE CONTINUING FORWARD WITH OUR DIVERSITY EQUITY INCLUSION EFFORTS. WE ARE BEING VERY MINDFUL
OF YOU KNOW, FEDERAL INFLUENCES AND BUT WE ARE TAKING A BRAVE STANCE AND SO WE DO STILL DO WORK IN WE HAVE
A SPECIAL PURPOSE CREDIT PROGRAM THAT WE THAT IS STILL CURRENTLY LEGAL AND WHILE IT IS LEGAL WE CONTINUE TO MOVE FORWARD WITH THAT. SO LIKE OUR GENERAL PROGRAM IS
OPEN TO EVERYONE BUT WE DO HAVE YOU KNOW OUR SPECIAL PURPOSE CREDIT PROGRAM LEGAL UNDER THE EQUAL CREDIT OPPORTUNITY ACT AND THEN WE
HAVE ALSO ENGAGED IN COMMUNITY AND MODIFIED OUR PROGRAMS IN WAYS SO THAT WHETHER WITH TO TO BE AN ORGANIZATION THAT
HAS A RELATIONSHIP THAT WE CAN USE THAT TO HELP ACHIEVE THE GOAL OF REDUCING RACIAL HOMEOWNERSHIP GAPS WITHOUT HAVING NECESSARILY JUST PROGRAMS THAT LIMIT ACCESS TO
A SPECIFIC GROUP. SO IT'S A A STRATEGY OF BOTH RIGHT NOW AND WE ARE POISED TO PIVOT AS NEEDED BUT WE ARE
FIRM IN OUR COMMITMENT TO THE MISSION OF REDUCING THE THE RACIAL HOMEOWNERSHIP GAP WITH WHATEVER TOOLS WE HAVE AVAILABLE TO US AT THE TIME. OKAY.
SO WITH THESE RESOURCES PROGRESS WILL STILL BE MADE IN REDUCING RACIAL INEQUITIES IN HOMEOWNERSHIP. WE JUST ARE NOT GOING TO INCLUDE THE ARE THE
RECOMMENDATION FROM STAFF IS JUST NOT TO MAKE THAT LIKE EXPLICITLY STATE THAT IN THE CONTRACT THE RECOMMENDATION IS TO NOT RESTRICT IT TO A PARTICULAR YES YEAH BUT AGAIN
HABITAT FOR HUMANITY THAT'S ONE OF YOUR PRIORITIES, CORRECT? OKAY. AND THEN MY OTHER QUESTION KIND OF DIFFERENT TRACK HERE
AND DO YOU GET A LOT OF REQUESTS FROM PEOPLE IN BLOOMINGTON OR A LOT OF REQUESTS TO LIVE IN BLOOMINGTON? I'M JUST KIND OF TRYING TO UNDERSTAND LIKE THE DEMAND THAT YOU'RE SEEING. YEAH, THAT'S A GREAT QUESTION.
SO WHEN I WAS LOOKING THROUGH OUR OUR CUSTOMER DATABASE WE HAVE A CRM, A CUSTOMER RELATIONS MANAGEMENT SYSTEM. I NEVER WANT TO ASSUME ACRONYMS SO I'M PLEASE DON'T
FEEL LIKE I WAS PATRONIZING YOU EITHER BUT SO I WAS PULLING DIFFERENT REPORTS TO SEE YOU KNOW, WHAT ACTIVITY WE HAD AND WE HAD LIKE 8 OR 900
INQUIRIES FROM PEOPLE LIVING IN BLOOMINGTON. >> THAT DOES NOT MEAN THAT ALL OF THOSE WERE ELIGIBLE BUT IT WAS A SIGNIFICANT AMOUNT AND
THAT ALSO HAS OVER A UNDEFINED AMOUNT OF TIME WE'VE BEEN AN ORGANIZATION SINCE 1985. I DON'T THINK THE TRACKING OF THAT DATA GOES BACK THAT FAR BUT I DIDN'T I DON'T
ACTUALLY HAVE OFFHAND LIKE HOW FAR BACK THAT DATA GOES. I WOULD IMAGINE AT LEAST TEN YEARS. OKAY. THANK YOU.
YEAH I HAVE A COUPLE QUESTIONS AND MAYBE IT'S CLARIFICATION. SO THIS MONEY WAS GRANTED
IN 2023 AND YOU'VE BEEN TALKING AND IT'S TAKEN TWO AND A HALF YEARS TO COME UP WITH A DOWN PAYMENT ASSISTANCE. I'M A LITTLE CONFUSED ON THAT. WHY IS SUCH A GAP AND I KNOW
THE WHEELS OF GOVERNMENT TURN SLOWLY SO I'M NOT NAIVE TO THAT. BUT IN THIS COURSE OF DISCUSSION WHEN DID YOU
RECEIVE KNOWLEDGE OF THE FEDERAL ISSUES AND THAT WE COULDN'T FOCUS SOLELY ON RACE AND WHEN DID THOSE DISCUSSIONS COME ABOUT AND THAT STOP FORWARD MOMENTUM?
I'M REALLY TRYING TO UNDERSTAND I JUST FEEL LIKE ALL OF A SUDDEN NOW AND I KNOW AND I DO HAVE A STATEMENT TO READ FROM ANOTHER BOARD MEMBER
WHO IS IN HERE LIKE WHY WHY NOW? WHY ARE WE JUST HEARING ABOUT THIS NOW? >> YEAH CHAIR COMMISSIONERS I CAN KIND OF WALK THROUGH THE TIMELINE SO THAT MOU WAS
APPROVED IN 2023 AND 2024 THERE WAS SIGNIFICANT STAFF OVER FROM BOTH HABITAT AND THE HRA. I MYSELF WAS NOT IN THE POSITION AT THAT TIME SO IN 2020 I WOULD SAY EARLY 2025
WE HAVE RECONNECTED AND STARTED TO REESTABLISH WORK TOWARDS WE REALIZE THERE WAS NOT A FORMAL CONTRACT AND SO WE WANTED TO ESTABLISH A FORMAL CONTRACTING PROCESS INSTEAD OF AN MOU SO THE
CONVERSATIONS DID START LAST YEAR AND THEN IT'S BEEN AS YOU SAID THE WHEELS OF GOVERNMENT ARE SLOW. SOME OF THE REGULATIONS COMING OUT ARE ALSO TAKES TIME TO UNDERSTAND THEM AND UNDERSTAND
THEIR IMPACT. SO WE'VE HAD NUMEROUS KIND OF LOOKING INTO WHAT ARE THE REGULATIONS, WHAT IS ALLOWED OR ABOUT WHAT IS ALLOWABLE, WHAT'S NOT ALLOWABLE AND HOW ARE WE GOING TO MOVE FORWARD WITH ISSUING A CONTRACT FOR
THIS PROGRAM. SO THAT'S KIND OF IN BRIEF WHAT IT TOOK SO LONG AND HOW WE GOT HERE. >> SO IN THAT TIME WITH SO NO
FUNDS WERE DISPERSED? CORRECT SINCE WE RECEIVED THE MONEY OKAY. THEN AGAIN, WHEN DID WHEN DID
YOU RECEIVE KNOWLEDGE OF THE FEDERAL ISSUES THAT YOU CAN'T WE CAN'T FOCUS ON WHAT WE ORIGINALLY DECIDED IN 23 YEAH CHAIR COMMITTEE IT'S BEEN KIND
OF AN EVOLVING PROCESS. IT'S NOT JUST ONE ACTION. THERE WERE REPEATED ACTIONS BOTH IN 2025 AND IN 2026. SO IT'S NOT JUST BEEN I MEAN THERE WASN'T ONE MOMENT WHERE EVERYTHING CHANGED AND WE
COULD REACT ACCORDINGLY. THERE'S BEEN SLOWLY EVOLVING GUIDANCE OVER THE COURSE OF THE LAST SEVERAL YEARS HERE SO THERE ARE A NUMBER OF DIFFERENT ACTIONS AND EACH
ONE TAKES TIME TO ASSESS AND UNDERSTAND AND MOVE FORWARD FROM. SHE WILL HELP HELP WALK US THROUGH WITH THE NORMAL PROCESS IS FOR POLICY CHANGES
LIKE THAT BECAUSE IT MY UNDERSTANDING IS THOSE USUALLY COME BEFORE THE BOARD FOR DISCUSSION SO HELP ME UNDERSTAND WHERE THE BREAKDOWN
IN COMMUNICATION WAS HERE SO THE POLICY HASN'T CHANGED UNTIL NOW. SO BETWEEN THE MOU BEING ISSUED IN 2023 OR SIGNED IN DECEMBER 2023 TO NOW THERE
HASN'T BEEN A FORMAL POLICY CHANGE BECAUSE YOU'RE RIGHT THAT IS A BOARD ACTION AND SO THAT'S WHAT WE'RE BRINGING FORWARD THIS EVENING IS TO CONSIDER THE FORMALIZED CONTRACT WITH THE POLICY
CHANGE COMMISSION. THANK YOU CHAIR PARDON ME WOULD IT BE HELPFUL FOR OUR UNDERSTANDING AND PLEASE TELL ME IF IT'S NOT TO RECOGNIZE
THAT THE MOU, THE MEMORANDUM MEMORANDUM OF UNDERSTANDING WAS NOT THE FORMAL CONTRACT THAT WAS THE BEGINNING OF THE DISCUSSION OF THE CONTRACT TONIGHT IS IT THAT IS WHEN IT
IS COMING BEFORE THE BOARD AND SO THIS IS THE DISCUSSION RIGHT NOW. IS THAT A FAIR ASSESSMENT? YES, THAT'S FAIR. YES. AND IS WOULD IT ALSO BE FAIR TO SAY THAT WE ARE NOT WE BUT
THERE WAS WITRAWAL OF SOME GUIDANCE IN THE FALL OF 2025 THAT REALLY IMPACTS THESE DECISIONS GOING FORWARD PER STAFF GUIDANCE IS THAT CORRECT ? YES. THANK YOU.
I HAVE BEEN ASKED TO READ A STATEMENT BY COMMISSIONER WHO CAME WHO CAN'T BE AT THIS MEETING TONIGHT. SHE SAID UH GOOD AFTERNOON CHAIR MUELLER AND VICE CHAIR
WOOTEN. WHILE I AM UNABLE TO ATTEND TONIGHT'S HRA MEETING I WOULD LIKE MY COMMENTS REGARDING ITEM 5.2 RESOLUTION AUTHORIZING A DOWN PAYMENT
ASSISTANCE AND SERVICE AGREEMENT BETWEEN HABITAT FOR HUMANITY AND HRA AND IN THE PUBLIC RECORD I HAVE SIGNIFICANT CONCERNS REGARDING BOTH THE TIMELINE AND THE
EVOLUTION OF THIS ITEM FROM THE BOARD'S ORIGINAL DISCUSSION TIONS TO THE PROPOSAL CURRENTLY BEFORE US. MY UNDERSTANDING IS THAT CONVERSATIONS SURROUNDING THIS
INITIATIVE HAVE ORIGINALLY BEGAN IN FEBRUARY 2023 WITH FINAL DISCUSSION AND APPROVAL OF MOU OCCURRING IN DECEMBER
23RD. BASED ON THOSE DISCUSSIONS I BELIEVE THIS PROGRAM WAS EITHER ALREADY ACTIVE OR MOVING TOWARD IMPLEMENTING AND SHORTLY THEREAFTER AS A RESULT
I DO NOT HAVE A CLEAR UNDERSTANDING AS TO WHY THE HRA IS NOW REVISITING THIS MATTER MORE THAN TWO YEARS LATER, PARTICULARLY WHEN THERE APPEARS TO BE AN EXPECTATION
THAT THE BOARD WOULD RECEIVE REGULAR UPDATES, PROGRAM STATS AND PROGRESS REPORTING ON AN ONGOING BASIS. WHILE I UNDERSTAND THERE HAVE BEEN LEADERSHIP AND STAFFING
TRANSITIONS DURING THIS TIME FRAME AND EXTENDED GAP IN COMMUNICATION AND REPORTING ON A PROGRAM MANY OF US BELIEVED WAS ALREADY BEING ADMINISTERED IS CONCERNING AT
THIS TIME I DO NOT FEEL I HAVE SUFFICIENT HISTORICAL CONTEXT OR RECOLLECTION OF THE ORIGINAL DISCUSSIONS COMMITMENT RATES AND EXPECTATIONS SURROUNDING THIS INITIATIVE TO CONSIDER PLEASE
SUPPORT MOVING FORWARD WITH THE PROPOSED ACTION TONIGHT I WOULD LIKE TO SEE A MORE COMPREHENSIVE REVIEW PROVIDED TO THE BOARD REGARDING THE FULL HISTORY AND INTENT OF THE
ORIGINAL MOU THE IMPLE IMPLEMENT PATIENT TIMELINE ORIGINALLY DISCUSSED FUNDING COMMITMENTS PREVIOUSLY CONTEMPLATED BY THEIR HRA WHICH I CALL TOTAL RECALL
TOTALING MORE THAN 1 MILLION OVER A FIVE YEAR PERIOD REPORTING AND ACCOUNTABILITY EXPECTATIONS TIED TO THE PROGRAM AND A DETAILED OVERVIEW OF THE CURRENT AND PROJECTED AND PROJECTED
ALLOCATIONS OF LOCKHART FUNDS . I ALSO SPECIFICALLY RECALL THAT THIS INITIATIVE WAS ORIGINALLY PRESENTED AS A TARGETED EFFORT TO INCREASE
AFFORDABLE HOME OWNERSHIP OPPORTUNE DUTIES AND HELP ADDRESS RACIAL EQUITY GAPS IN BLOOMINGTON HOUSING. MY UNDERSTANDING AT THE TIME WAS THAT THESE GOALS WERE
CENTRAL TO THE PURPOSE AND JUSTIFICATION FOR THE PROGRAM AND THE ASSOCIATED FUNDING DISCUSSIONS ARE BASED ON THE SORRY NEED TO TAKE A DRINK
BASED ON THE INFORMATION CURRENTLY BEFORE US IT APPEARS THE SCOPE, INTENT AND IMPLEMENTATION OF THE PROGRAM MAY NOW DIFFER FROM WHAT WAS ORIGINALLY DISCUSSED AND
CONTEMPLATED BY THE BOARD. THAT RAISES CONCERNS FOR ME, PARTICULARLY GIVEN THE LACK OF CONSISTENT UPDATES OR TRANSPARENT DISCUSSION REGARDING ANY PROPOSED CHANGES
TO THE PROGRAM STRUCTURE, INTENDED OUTCOMES OR ADMINISTRATE ACTION. I DO NOT BELIEVE THE HRA HAS BEEN PROVIDED SUFFICIENT HISTORICAL CONTEXT OR
FINANCIAL CLARITY TO RESPONSIBLY EVALUATE WHETHER THE PROPOSED PROPOSAL BEFORE US REMAINS ALIGNED WITH THE PROGRAM ORIGINALLY DISCUSSED
AND SUPPORTED BY THE BOARD. ADDITIONALLY, GIVEN THE NUMBER OF PROPOSED AND COMMITTED USES FOR LARGER FUNDS THAT HAVE RECENTLY BECOME BEFORE THE HRA, I AM NOT COMFORTABLE IN APPROVING THE PROPOSED
ALLOCATION WITHOUT A CLEAR UNDERSTANDING OF THE OVERALL FINANCIAL POSITION AND LONG TERM SUSTAINABILITY OF LARGER FUNDING FOR THE REMAINDER OF THIS YEAR AND FUTURE BUDGET CYCLES.
FOR THESE REASONS IF I WERE PRESENT THIS EVENING I WOULD BE ABSTAINING FROM THE VOTE ON ITEM 5.2. THANK YOU FOR INCLUDING THESE
COMMENTS IN THE PUBLIC RECORD. COMMISSIONER WHO CAME TO YOU? ROBERTSON THANK YOU CHAIR AND I APPRECIATE COMMISSIONER
KIM'S COMMENTS AND HER HER GUIDANCE. SHE'S A WONDERFUL COLLEAGUE TO WORK WITH SO I THANK HER FOR HER GIVING HER COMMENTS ON THIS MATTER. IF I MAY ASK AND AGAIN JUST
FOR CLARIFICATION, PLEASE FEEL FREE TO CUT ME OFF AT ANY TIME. WOULD IT BE FAIR TO SAY THAT THE OVERARCHING GOAL TO COMMISSIONER CARTER'S POINT OF THE PROGRAM IS TO REDUCE
DISPARITY IN HOMEOWNERSHIP ESPECIALLY FOR FOUNDATIONAL BLACK FAMILIES? CORRECT? RIGHT. AND TO THE CHANGE FROM THE MOU TO THE CONTRACT WE'RE BEING ASKED TO FORMALIZE THIS
EVENING IS WE HAVE EXPANDED THE LANGUAGE AND WE'VE EXPANDED THAT LANGUAGE WITH THE RECOMMENDATION OF STAFF AND COUNCIL RIGHT SO AS TO
ENSURE OR DO OUR BEST TO ENSURE THAT THESE FUNDS DON'T GET TO US AT THE FEDERAL LEVEL GET TAKEN AWAY OR HEAVEN FORBID CLAWED BACK. IS THAT ACCURATE TO SAY? YES, THAT'S CORRECT. PERFECT.
THANK YOU. >>'M SORRY TO MAKE YOU REPEAT THE SAME THING OVER AND OVER AGAIN. I CERTAINLY DON'T MEAN TO BE REDUNDANT OR IRRITATING BUT JUST REALLY TRYING TO WRAP MY HEAD AROUND AND HELP OTHERS
NEED TO WRAP THEIR HEAD AROUND THE LEVEL OF IT. SOUNDS TO ME LIKE WE'VE GOT SOME FOLKS WHO ARE REALLY CONCERNED ABOUT THE LEVEL OF CHANGES AND THAT THIS WASN'T WHAT THEY ORIGINALLY
PERHAPS AGREED TO AND I THAT'S ONE OF THE REASONS I ASKED THE QUESTION EARLIER TO REALLY DRIVE HOME THAT THE MOU WAS NOT A FORMAL CONTRACT. THAT WAS A BEGINNING POINT
OF DISCUSSION AND WHAT WE'RE BEING ASKED TO EVALUATE TONIGHT IS THE FORMAL CONTRACT WHICH IS VERY SIMILAR TO THE MOU AND THE GOALS THERE IN SIMPLY AN EXPANSION OF LANGUAGE. SO THAT WE DON'T RISK A LEGAL
PUSHBACK FROM THE FEDS IS THAT YES, THAT IS ACCURATE. THANK YOU SO MUCH MR. CARTER. I GUESS TO THAT POINT UM OTHER
THAN THE SLIGHT TWEAK IN THE LANGUAGE SO THAT WE DON'T GET TANGLED UP IN A LAWSUIT QUITE FRANKLY TO ME THE GOALS AND THE PURPOSE OF THE PROGRAM ARE STILL THE SAME.
NOTHING ELSE HAS CHANGED. YES. CORRECT. UM, AND MAYBE THIS IS JUST UM I MEAN I DO AGREE I THINK THAT THERE COULD HAVE BEEN MORE
COMMUNICATION ALONG THE WAY. UM, I MEAN I THINK FROM THE VERY BEGINNING OF THE TRUMP PRESIDENCY I THINK WE KNEW THAT THERE WERE GOING TO BE IMPACTS INTO THE HRA AND
IN THE HOUSING SPACE AND SO BUT I SO I THINK THAT MORE FREQUENT COMMUNICATION ABOUT WHAT WAS HAPPENING IN THE PROGRAMS THAT WERE BEING IMPACTED AND JUST I THINK THAT WOULD HAVE BEEN HELPFUL ALONG THE WAY.
AND SO I WOULD SAY MOVING FORWARD IF THERE ARE OTHER THINGS THAT STAFF ARE KIND OF FORESEEING MIGHT BE IMPACTED, IT WOULD JUST BE HELPFUL TO GIVE US THOSE UPDATES SO THAT WE ARE MENTALLY PREPARING FOR THOSE
CHANGES AND NOT KIND OF CAUGHT OFF GUARD. UM BUT WITH THAT SAID I WILL SUPPORT THE CONTRACT AS IT IS TONIGHT BECAUSE IT IS MY
UNDERSTANDING THAT YOU KNOW AN MOU IS NOT A BINDING DOCUMENT . IT IS TO START THE CONVERSATIONS. UM OBVIOUSLY A LOT OF STAFF CHANGE A HUGE CHANGE AT THE ADMINISTRATION.
I MEAN OUR WHOLE OUR WORLDS HAVE BEEN COMPLETELY IT'S A WE ARE IN A DIFFERENT WORLD COMPARED TO TWO YEARS AGO SO IT MAKES SENSE TO ME THAT THIS WOULD LOOK DIFFERENT NOW AND
HONESTLY WE KNOW THAT PEOPLE NEED THIS HELP NOT RIGHT NOW BUT LIKE YESTERDAY TWO YEARS AGO. AND SO WE NEED TO GET THESE DOLLARS OUT THE DOOR.
WE NEED TO GET THEM TO HABITAT FOR HUMANITY IN A PROGRAM WHERE THEY FOCUS ON REDUCING RACIAL DISPARITIES IN HOMEOWNERSHIP. THAT IS THE PURPOSE OF THAT PROGRAM. WE'RE JUST TWEAKING THE LANGUAGE.
SO I WANT TO GET THESE DOLLARS OUT THE DOOR. I WANT TO MAKE AN IMPACT IN OUR COMMUNITY. DO I WISH WE COULD KEEP THE LANGUAGE AS IT WAS AN MOU? ABSOLUTELY. I ALSO KNOW PLENTY
OF ORGANIZATIONS AND PEOPLE IN ORGANIZATIONS WHO ARE IN LAWSUITS RIGHT NOW WITH BECAUSE OF THE ADMINISTRATION AND SO I WOULD RATHER NOT BE THE CASE HERE AND NOT BE ABLE TO SPEND THOSE DOLLARS AND
HAVE THOSE DOLLARS CLAWED BACK. SO YEAH, TO ME THE THE ORIGINAL INTENT IS STILL GOING TO HAPPEN. IT'S JUST WE HAVE TO BE
STRATEGIC ABOUT HOW WE SET UP THESE DOCUMENTS SO THAT'S WHAT I'VE GOT. >> THANK YOU COMMISSIONER. WELL WHILE I DON'T DISAGREE WITH YOU, JUST THANK YOU, MR. CARTER.
YOU KNOW THE FACT THAT THIS IS BEING SPOKEN ON THIS EVENING I PERSONALLY WOULD LIKE TO TABLE THIS UNTIL THE NEXT MEETING JUST SO WE HAVE A LITTLE MORE TIME TO DISCUSS SOME THINGS I'M NOT ADVOCATING THAT WE
DON'T ONE BUT I JUST THINK THIS IS A SUDDEN CHANGE AND A SIGNIFICANT CHANGE AND ALTHOUGH WE HAVE THE ENCOURAGING STATEMENT FROM
HABITAT, YOU KNOW, I'M MORE CONCERNED WITH THE FACT WE STAND AS A AS A BODY GIVEN THIS IS AN ISSUE GOING FORWARD AND THERE'S A LOT OF OTHER PROJECTS OUT THERE THAT HAVE
THE SAME KIND OF OPPORTUNITY TO MAKE SIGNIFICANT DIFFERENCES FOR MARGINALIZED COMMUNITIES. I JUST DON'T THINK IT IS POINT TIME. WE CAN IN GOOD CONSCIENCE GO FORWARD.
I'M NOT SAYING WE HAVE TO YOU KNOW, TOTALLY NOT DO ANYTHING BUT I LIKE TO BE AT A TABLE. ISN'T IT THE NEXT MEETING THAT'S I'D LIKE TO BE ABLE TO MOVE A MOTION TO TABLE THIS INTO THE NEXT MEETING.
DO WE HAVE A SECOND ? UH, HONESTLY, I CAN'T DECIDE. I WANT TO SECOND IT. I AGREE WITH WHAT COMMISSIONER
WHO KINGHAM HAS SAID AND YOU KNOW SOME OF HER COMMENTS ARE BEFORE SEEING THE BREAKDOWN OF WHERE THE MONEY IS GOING AND THIS IS GOING TO LAST BECAUSE THAT WAS THE
SIGNIFICANT QUESTION WE HAD LAST TIME. SO SOME INFORMATION QUESTION SHE RAISED IN HERE AND IF SHE WAS HERE I WOULD BE SAYING
THIS HEY, YOU KNOW, WE WE DO HAVE SOME OF THESE THESE ANSWERS. I AM CONFLICTED.
I AM EXTREMELY FRUSTRATED WITH THE LACK OF COMMUNICATION AND HOW WE DIDN'T FIND OUT ABOUT THIS. I MEAN I FEEL LIKE IT'S VERY
SIGNIFICANT PART OF THE OF THE MEMBER OF YOU KNOW, OF THE MOU AND THAT THIS IS REALLY REALLY GOING TO BE A FOCUS WAS
FOCUSING ON, YOU KNOW, RACIAL DISPARITY PARTICULARLY BLACK HOMEOWNERSHIP UM AND I DO FEEL WE SHOULD HAVE BEEN TOLD ABOUT
THIS EARLIER UM I ALSO AGREE WITH COMMISSIONER CARTER THAT PEOPLE NEED THIS MONEY YESTERDAY AND THAT WE DON'T
AND THAT WE DON'T WANT TO HOLD IT UP. BUT I ALSO THINK THAT PERHAPS DELAYING IT FOR UNTIL OUR NEXT MEETING AND WHETHER THAT'S THE
MEETING IN JULY OR WE CAN CONVENE A MEETING SOONER UM I ,I WILL SECOND THE MOTION TO
TABLE IT TELL OUR NEXT MEETING . COMMISSIONER CARTER THANK YOU. I I'M COMFORTABLE WITH THAT THE TABLING OPTION I GUESS I
MY ONLY QUESTION WOULD BE IS THERE ANY ARE THERE ANY OTHER TIMELINES OR THINGS LIKE THAT THAT THIS WOULD IMPACT YOU KNOW, ARE THE IS THERE A REASON THAT WE WOULD NEED TO DO IT TONIGHT VERSUS WAITING A
MONTH? >> YEAH TURN COMMISSIONERS I DON'T BELIEVE THERE IS A REQUIRED DECISION TO MAKE TONIGHT NO ALSO IN THE INITIAL UPDATES LATER THIS EVENING I
WILL BE ACTUALLY SUGGESTING WE HOLD THE DATE OF A SECOND MEETING IN JUNE SO WE COULD POTENTIALLY BRING IT BACK EVEN EARLIER THE NEXT MONTH AND IN TWO WEEKS TIME.
COMMISSIONER ROBERTSON THANK YOU CHAIR AND THIS IS SUPER BRIEF. I JUST WANTED TO MAKE NOTE AND HAVE STAFF CONFIRM FOR US IF THEY COULD THAT IN VERY LATE MARCH HUD ACTUALLY DID BEGIN INVESTIGATE AN ORGANIZATION IN WASHINGTON STATE.
IS THAT CORRECT? THAT HAD VERY STRICT RACIAL THAT HAD VERY STRICT LANGUAGE IN THEIR PROGRAM. >> I'M NOT SURE WHICH STATE ARE. OH SURE. I'M IN THE THE MEMORANDUM WE
RECEIVED IT WAS THE STATE OF WASHINGTON. THAT'S WHAT IT SAYS THEN. YES. FORMAL THANK YOU SO MUCH. THANK YOU. I JUST THOUGHT THAT WOULD THAT'S A AN IMPORTANT POINT TO BRING UP ESPECIALLY IN TERMS OF TIMELINE THAT WE ARE SEEING
THIS START IN OTHER STATES. CORRECT. BECAME TO ADD I CERTAINLY IF IF THE REST OF THE BODY IS FEELING LIKE WE SHOULD TABLE THIS UNTIL OUR NEXT MEETING AND I I'M HEARING STAFF SAY
THAT WE'RE HOPING TO HAVE A SECOND MEETING IN JUNE I COULD ALSO BE AGREEABLE TO THAT. OKAY THEN WE HAVE A MOTION
IN A SECOND TO TABLE TO VOTE UNTIL OUR NEXT MEETING SO I BELIEVE NEXT WE NEED TO DO A ROLL CALL VOTE VIA WEBEX
COMMISSIONER DOUBLING HER HIGH COMMISSIONER ROBERTSON I COMMISSIONER CARTER I'M COMMISSIONER WOODEN I CHAIR
MUELLER I SO THE MOTION PASSES 5 TO 0 FIRST JUST A QUICK QUESTIONOR THE BOARD IS THERE ANY ADDITIONAL INFORMATION FROM STAFF THAT YOU WOULD LIKE FOR THAT PRESENTATION AND IN TWO WEEKS
TIME I DON'T FEEL I CAN ANSWER THAT RIGHT NOW. I'D NEED TO THINK ABOUT IT AND I WOULD CERTAINLY EMAIL YOU THE ADDITIONAL QUESTIONS. I THINK IF I COULD ADD
ANYTHING IT WOULD PROBABLY BE PULLING OUT THE ADDITIONAL MOU AND THE DISCUSSION THERE. SO THAT WOULD BE A START. COMMISSIONER CARTER I DON'T NEED ANYTHING ELSE AND I DON'T
THINK MY OPINION WILL CHANGE BUT WHAT I ALSO HEARD WAS MAYBE A BROADER CONVERSATION ABOUT THE POSITION OF THE HRA
. YOU KNOW MY ASSUMPTION IS THAT WE ALL STAND FIRMLY STILL IN OUR COMMITMENT TO ADVANCING RACIAL EQUITY IN THE HOUSING SPACE AND I WOULD HOPE I'M GOING TO GUESS THAT HASN'T
CHANGED. BUT THEN ALSO, YOU KNOW, A CONVERSATION AROUND HOW DO WE BE STRATEGIC IN CONTINUING TO ADVANCE THAT PRIORITY WHEN WE KNOW THAT THERE IS A HUGE THREAT FROM THIS
ADMINISTRATION AND MAYBE I MEAN IT LOOKS LIKE WE'VE GOT THIS BOARD RETREAT AVAILABILITY SHEET HERE MAYBE THAT'S THE TOPIC FOR THE BOARD RETREAT. I THINK THAT WOULD PROBABLY BE A PRETTY MEATY CONVERSATION
AND SO I JUST WANTED TO HIGHLIGHT THAT FROM COMMISSIONER WOOTEN'S REQUEST WHICH I THINK IS A GREAT A GREAT IDEA. SO THANK YOU.
OKAY. THE NEXT ITEM IS 5.3 ALL THINGS HOUSING REPORT ME WE HAVE THE STAFF REPORT
. WE JUST PICKED 11 SEPARATE. THANK YOU CHAIR COMMISSIONERS I'M HERE TO GIVE THE ANNUAL
ALL THINGS HOUSING REPORT FULL DISCLOSURE I AM PINCH HITTING FOR DARLENE NAVARRO WHO WAS OUR PLANNER WORKING ON THIS PROJECT BUT HER LAST DAY WITH
THE CITY WAS LAST WEEK SO SO I AM FAMILIAR WITH MOST OF THE DATA AND I'LL DO MY BEST AND SOME OF THE DETAILED QUESTIONS BUT IF THERE'S SOMETHING THAT
GETS REALLY GRANULAR I MIGHT HAVE TO COME BACK LATER WITH SOME MORE DETAILS FOR YOU. BUT THIS YEAR'S ALL THINGS HOUSING REPORT IS A LITTLE BIT DIFFERENT FORMAT THAN IN THE
PAST. WE'VE UTILIZED A PDF KIND OF BOOK IN THE PAST AND NOW WE ARE DOING A STORY MAP. IT'S A LITTLE MORE INTERACTIVE, A LITTLE MORE USER FRIENDLY AND ADAPTABLE
AND CAN LET PEOPLE KIND OF INTERACT WITH THE DATA AND MUCH MORE INTERESTING AND COMPELLING WAY. SO I'M GOING TO UTILIZE THIS PAGE JUST KIND OF SCROLLING THROUGH AND SHOWING YOU THE
MAP AND HOPEFULLY THIS CONTINUES TO WORK. SO AS YOU COULD SEE JUST I'LL JUST GIVE YOU A BRIEF OVERVIEW . THIS IS AVAILABLE ON OUR WELL
ON OUR WEBSITE YOU CAN SEE KIND OF WHAT YOU TYPICALLY WOULD SEE AS CHAPTERS OR TOPIC AREAS THAT CAN KIND OF JUMP YOU TO DIFFERENT PARTS OF THE REPORT THAT PEOPLE CAN UTILIZE
. AND SO IT'S REALLY KIND OF WHAT PEOPLE GET INTERESTED IN THEY CAN KIND OF JUMP TO IF THEY PREFER. SO I'LL JUST KIND OF WALK THROUGH IT BECAUSE IT KIND OF TELLS ITS OWN STORY AND HIT
SOME HIGHLIGHTS HERE FOR YOU. BUT TOTAL POPULATION BLOOMINGTON IS JUST ABOUT 92,000 TODAY. THIS IS COMING FROM THE METROPOLITAN COUNCIL AND AS
YOU'LL NOTICE THROUGHOUT THE REPORT THERE ARE VARIOUS SOURCES THAT WE PULL FROM PRIMARILY AMERICAN COMMUNITY SURVEY THROUGH THE CENSUS BUREAU. BUT SOMETIMES THE MET COUNCIL HAS MORE ACCURATE DATA AND
SOMETIMES THEY'RE ASSESSING DIVISION HAS WELL HAS THE MOST ACCURATE DATA IN THE FIELD. SO WE HIGHLIGHT WITH THESE LITTLE EYE HERE WHERE THE SOURCE OF THAT DATA COMES FROM
BUT AS YOU CAN SEE WE'RE ABOUT 92,000. WE'RE FORECAST TO CONTINUE TO GROW OUR AVERAGE HOUSEHOLD SIZE IS ABOUT 2.3. SO IT'S KIND OF LEVELED OUT IN THAT AREA IN THE PAST 20
YEARS. BUT IT'S AN INTERESTING DATA POINT THAT WE LIKE TO TRACK ESPECIALLY WHEN YOU'RE THINKING ABOUT HOW MANY BEDROOMS DO WE NEED OR WE'RE TALKING ABOUT MISSING MIDDLE DO WE NEED TWO BEDROOM, THREE
BEDROOM, FOUR BEDROOM? WHAT SHOULD WE BE PROMOTING SO OUR HOUSEHOLD SIDE SOMETHING WE LIKE TO TRACK AND YOU CAN SEE BACK IN 1970 WE HAD 3.76
AVERAGE HOUSEHOLD SIZE. SO CLEARLY FAMILIES WERE LIVING IN BLOOMINGTON 50 YEARS AGO. WE HAVE ABOUT JUST ABOUT
40,000 TOTAL HOUSEHOLDS IN BLOOMINGTON AND BLOOMINGTON TENDS TO SKEW A LITTLE BIT OLDER IN AGE. SO WE ARE A MEDIAN AGE OF 41
AND A LITTLE OVER 20% OF OUR POPULATION IS OVER 65 AND THAT COUNCIL IS FORECASTING US TO CONTINUE WITH THAT HIGHER LEVEL OF SENIOR POPULATION
THROUGH 2025 SO THAT THAT OLDER POPULATION WILL CONTINUE TO LIVE IN BLOOMINGTON. SO AGAIN THINKING OF THE TYPE OF HOUSING THAT WE'RE LOOKING TO ENCOURAGE SENIOR HOUSING
WILL BE IS AND WILL BE A NEED FOR US 6,530% OF PEOPLE OVER 65 HAVE A DISABILITY AGAIN
KIND OF ACCOMMODATING THOSE UNIQUE NEEDS IN HOUSING, RACE AND ETHNICITY IS SOMETHING THAT'S CHANGED OVER TIME TO 1970 WE WERE 1% BIPOC
POPULATION. NOW WE'RE NEAR 35% AND OUR LARGEST POPULATIONS ARE BLACK OR AFRICAN-AMERICAN.
AND HERE'S THE INTERACTIVE PART YOU CAN KIND OF CLICK ON THAT THE CHART HERE. SO 12% OF HISPANIC OR LATINO
IS IT 11% AND THEN ASIAN IS THE NEXT LARGEST AT 5% AND THEN WE HAVE KIND OF THIS MAP HERE TO THE SIDE THAT SHOWS BY CENSUS TRACK KIND OF PERCENTAGE OF POPULATION
THAT ARE BIPOC AND YOU CAN SEE IN SOME AREAS WE HAVE MUCH LARGER POPULATION OVER 50% TEND TO BE IN THAT EASTERN
PART OF THE CITY. BLOOMINGTON ALSO HAS FAMILIES NOT WHAT WE HAD IN THE 70S BUT STILL PRETTY PRETTY COMPARABLE
TO OUR COMMUNITY IS AROUND US. ABOUT 25% OF HOUSEHOLDS ARE CONSIDERED FAMILIES WITH CHILDREN UNDER 18. BUT A REALLY INTERESTING STATISTIC THAT JUMPED OUT TO
ME READING THIS ABOUT 32% ARE SINGLE HOUSEHOLDS SINGLE PERSON HOUSEHOLDS. SO AGAIN THINKING OF DIFFERENT HOUSING TYPES WE WERE THINKING SMALLER COTTAGE MISSING MIDDLE
CHILD MAYBE A SMALLER HOME WITH TWO BEDROOMS IS APPROPRIATE MEDIAN INCOME IS
ABOUT 93,000 BUT THIS IS WHERE IT GETS REAL WONKY REAL QUICK FAMILY HOUSEHOLD IS ABOUT 120,000 BECAUSE YOU TYPICALLY TEND TO HAVE A DUAL INCOME HOUSEHOLD AND THEN IF YOU'RE
MARRIED IT JUMPS UP A LITTLE BIT MORE TOO. SO THINKING WITH CHILDREN YOU TEND TO HAVE A HIGHER INCOME. SO THIS IS A CALL THIS OUT BECAUSE WE OFTEN TALK ABOUT
80% AM I BUT THAT GETS CREATED BASED UPON NUMBER AND HOUSEHOLDS AND WE TYPICALLY SAY ABOUT I THINK LAST YEAR IS ABOUT 112 AS THE MEDIAN INCOME FOR A FAMILY OF FOUR SO THAT
THAT'S A LITTLE BIT MORE COMPARABLE WHEN YOU THINK A MARRIED COUPLE OR MARRIED FAMILY IS PROBABLY ABOUT THEIR FAMILY OF FOUR
AND THEN SINGLE HOUSEHOLD IS ABOUT 60,000. AND AGAIN WE'VE GOT A MAP HERE KIND OF SHOWING WHERE THAT MEDIAN INCOME TENDS TO BE
HIGHER THROUGHOUT THE CITY. AND SO WHERE ARE PEOPLE WORKING IN BLOOMINGTON WE HAVE YOU CAN SEE A RICH, DIVERSE
EMPLOYMENT STRUCTURE HERE IN BLOOMINGTON INDUSTRIAL. BUT A LOT OF OUR RESIDENTS LIVE IN OUR WORK IN KIND OF AN OFFICE ENVIRONMENT.
SO OUR TOP IS THE WHAT IS IT CALLED THAT THE WASTE MANAGEMENT IT GETS REALLY IT'S AN INTERESTING TITLE THAT
JUMPS OUT AT ME BUT REALLY IT'S JUST OFFICE TYPE WORK. BUT THEN WE HAVE MANAGEMENT OF COMPANIES WHICH IS UP THERE. WE'VE GOT HEALTH CARE 10%.
WE'VE GOT RETAIL IS OBVIOUSLY A LARGE ONE WITH THE MALL OF AMERICA KIND OF DRIVING THAT EMPLOYMENT IN BLOOMINGTON. BUT AT THE SAME TIME WE HAVE A LARGER INDUSTRIAL BASE THAT
OTHER COMMUNITIES DON'T HAVE AS WELL. YEP. SO IS THIS JOBS AVAILABLE IN BLOOMINGTON OR WHAT PEOPLE
PLANNING TO DO FOR WORK LIKE PEOPLE WHO LIVE HERE DO FOR WORK THAT IS A GOOD QUESTION. I BELIEVE THIS IS I THERE'S A
VERY GOOD QUESTION BECAUSE THERE IS A DISTINCTION OF PEOPLE WHO LIVE IN BLOOMINGTON WHERE THEY WORK. I BELIEVE THESE ARE ACTUALLY THE JOBS IN BLOOMINGTON JUST SO WE OFFER QUITE A RANGE.
ABOUT A THIRD OF OUR POPULATION DOES LIVE AND WORK IN BLOOMINGTON SO IT'S SAFE TO I'M TRYING TO DRAW ON PAST KNOWLEDGE BUT WE'RE PRETTY
SIMILAR IN OUR EMPLOYMENT OF OUR RESIDENTS TO OUR PRETTY DIVERSE KIND OF GIVING OUR CENTRAL LOCATION. YOU KNOW, WE CAN WE ACCESS MINNEAPOLIS PRETTY EASILY.
THAT'S ACTUALLY OUR LARGEST FEEDER IS TO MINNEAPOLIS WHERE PEOPLE MOSTLY LIVE AND WORK IN BLOOMINGTON THAN MINNEAPOLIS THAN SAINT PAUL. SO NOT SURPRISING LARGE EMPLOYMENT CENTERS BUT WE'RE
PRETTY MIXED IN OUR EMPLOYMENT TOO. BUT THAT IS A GOOD DISTINCTION WHERE YOU SHOULD CALL OUT AND IT MIGHT BE IN HERE ACTUALLY. >> OKAY. THANK YOU. ALSO I'M JUST VERY SURPRISED
ACCOMMODATION AND FOOD SERVICE ISN'T MUCH HIGHER BUT YEAH SO I MEAN GOOD TO SEE THAT IT'S SO DIVERSE.
YEAH AND I THINK YEAH SO OUR TOP EMPLOYERS HERE AND THIS MAP IS NOT QUITE LOADING CORRECTLY BECAUSE WE'RE NOT
IN AFRICA. OH I DON'T KNOW WHAT THEY DID THERE THERE YOU GO. SO WE HAVE MALL OF AMERICA OBVIOUSLY IS OUR LOT ONE OF OUR LARGEST EMPLOYERS BUT
WE ALSO HAVE HEALTH PARTNERS. THEY HAVE THEIR CORPORATE HEADQUARTERS HERE AND THEN BLOOMINGTON PUBLIC SCHOOLS IS ONE OF OUR TOP FIVE EMPLOYERS. AND YOU KNOW, THIS IS ACTUALLY PRETTY TYPICAL OF MOST COMMUNITIES.
THE SCHOOL DISTRICT IS ONE OF THE LARGEST EMPLOYERS IN MOST COMMUNITIES AND THEN EVERNORTH IS ON THEIR EVERNORTH USED TO BE EXPRESS SCRIPTS SO PRESCRIPTION MEDICINE THEY HAVE THEIR HEADQUARTERS HERE ALSO
IN BLOOMINGTON AND THEN SEAGATE AND WE HAVE TORO COMPANIES OUR UNEMPLOYMENT RATE IS PRETTY STABLE.
YOU CAN SEE WE TRACK REAL CLOSELY WITH HEAD IMPACT HENNEPIN COUNTY IN THE STATE YOU SEE THAT LITTLE BLIP DURING COVID UP TO A 7.6%. BUT WHERE WE'RE PRETTY GOOD AT
3.4% THAT MEANS PEOPLE ARE EMPLOYED AND YEAH SO THAT THAT'S A SIGNIFICANT THAT'S
SIGNIFICANT 3.4 IS PROBABLY TIGHTER THAN THE MARKET REALLY IS. I'LL TALK ABOUT THIS A LITTLE BIT LATER WITH HOUSING TOO YOU WANT 6 OR 7 OR EVEN 8% BECAUSE THAT ALLOWS MOVEMENT BETWEEN
EMPLOYMENT AND OPPORTUNITY. IS IS THE SERVICE INDUSTRY A PROPONENT OF MAKING THAT NUMBER JUMP LIKE THAT? YES, THAT WAS A LARGE PART OF IT.
HOTEL AND ACCOMMODATIONS AND YEAH SO NEXT UP WE TALK A LITTLE BIT ABOUT HOUSING TENURE SO THAT'S ARE PEOPLE
RENTERS OR ARE THEY OWNERS SO RIGHT NOW WE'VE GOT A MIX OF ABOUT 39% ARE RENTERS AND 61% ARE HOMEOWNERS.
WE BREAK DOWN RENT BY BEDROOM TYPE SO THIS CAN SKEW QUITE A BIT. SO OBVIOUSLY THE LARGER THE UNITS THE LARGER THE RENT WILL BE. BUT MEDIAN GROSS RENT
IN BLOOMINGTON IS ABOUT 1500. WE DO HAVE QUITE A BIT OF KIND OF ONE BEDROOM APARTMENTS. THEY KIND OF BRING THAT MEDIAN DOWN A LITTLE BIT. SO IT'S ALWAYS GOOD TO KIND OF TRACK WHERE WE ARE AGAINST
THE METRO AS WELL. SO WE DO TEND TO HAVE A LITTLE BIT HIGHER RENTS THAN THE METRO AND THAT'S SOMETHING OUR
ASSESSING DIVISION TRACKS VERY CLOSELY AND HOMEOWNERSHIP RIGHT NOW THE MEDIAN VALUE IS
376,000 AND THAT'S VALUE. SO A LARGE PERCENT 56% IS IN THAT 300 TO 500 RANGE. SO AS WE WERE TALKING ABOUT 80% AM I IS RIGHT ABOUT 300,000 MAYBE A LITTLE BIT
HIGHER BUT HALF OF OUR HOUSES ARE ABOVE THAT AND YOU KNOW AND THAT'S YOU CAN SEE HERE WHILE THAT'S LARGEST IT'S ONLY
ABOUT 25% THAT'S BELOW THAT 25% ABOVE THAT. SO MIKE, DO WE KNOW OF THAT SINGLE FAMILY'S FREESTANDING OR ARE THERE SOME CONDOMINIUM
TOWNHOME HOA TYPE UNITS IN THAT NUMBER? I BELIEVE THAT THIS IS ALL UNITS THE WAY THAT THIS WAS BROKEN DOWN. BUT YEAH, SO CONDOS TYPICALLY
ARE MORE AFFORDABLE THAN STANDALONE SINGLE FAMILY AND THOSE THOSE TEND TO FALL IN THAT KIND OF 300 TO 50 RANGE. SO THAT'S WHERE YOU DO SEE
THAT SIGNIFICANT AMOUNT HERE IN THAT 200 TO 90 BUT NINE BUT THESE ARE LIKELY NOT THERE MORE IN THE TOWNHOMES THAN THEY ARE IN THE IN THE SINGLE
FAMILY OR THE CONDO UNITS. BUT YEAH, 75% HERE YOU'RE LOOKING ABOVE WHAT IS
ATTAINABLE BY SOMEONE MAKING 80% AM I? AND SIMILARLY LIKE I HAD MENTIONED BEFORE, WE HAVE A VACANCY RATE OF ONLY 4% SO
THAT'S PRETTY LOW. IT'S YOU KNOW, IT'S NOT THE TIGHTEST WE'VE EVER BEEN BUT IT ALSO MEANS THAT THERE'S NOT A WHOLE LOT AVAILABLE WHICH IS ALSO DRIVES UP THAT THAT RENT
RATE OR THAT HOME VALUE. SO THERE THAT MEANS PEOPLE AREN'T ALSO MOVING OR FEEL COMFORTABLE MOVING BECAUSE THEY MIGHT NOT FIND SOMETHING AT LEAST WITHIN BLOOMINGTON.
SO WE'RE IN A METRO AREA. WE COMPETE WITH OTHER COMMUNITIES THAT MIGHT HAVE DIFFERENT VACANCY RATES AND DIFFERENT PRICES. SO THAT IS SOMETHING WE WE LOOK AT TRACKING BUT THIS
GIVES YOU THAT BREAKDOWN TOO OF THAT SINGLE FAMILY HOMES WE HAVE ABOUT 21,000 SINGLE FAMILY HOMES. WE HAVE 17,000 MULTIFAMILY
RENTAL BUT WE'VE GOT TOWNHOMES ABOUT 3000 WELL AND THAT MULTIFAMILY ACTUALLY INCLUDES SOME CONDOS AS WELL. CAN I ASK ANOTHER QUESTION?
IS THERE AN ACCOUNTING OF HOMES THAT ARE EITHER UNDER CONSTRUCTION AND OR UNITS THAT ARE UNDER CONSTRUCTION OR UNITS THAT ARE LET'S SAY IN THE CASE OF A LARGE COMPLEX
IT IS IN THE PROCESS OF BEING REHABILITATED THAT WE TAKE INTO CONSIDERATION OR AT LEAST ARE ABLE TO GET ANY NUMBERS RELATIVE TO THAT. YEP. THAT THAT'S SOMETHING WE TRACK.
WE DON'T HAVE WELL IT'S IN HERE I'LL SHOW YOU. WE'VE GOT A DASHBOARD WITH THAT BECAUSE WE WITH MOST ALMOST ALL OUR NEW UNITS ARE
HAVE SOME SORT OF AFFORDABILITY COME ON. YEAH I'M ASKING AND IN PART AT LEAST FOR ME WHEN I LOOK AT THAT 90% OCCUPANCY IS REALLY 100% BECAUSE YOU KNOW THE VARIATION THERE IS USUALLY 3
OR 4% AND USUALLY THAT ENCOMPASSES HOMES THAT ARE EITHER UNDER CONSTRUCTION AND OR UNITS THAT ARE IN DISREPAIR AND CAN'T BE HOUSED IN YEAH, YEAH. AND YOU'LL SEE OUR PIPELINES
KIND OF SLOWED A LITTLE BIT. WE'VE WE HAVE THE EVE APARTMENTS OR EVER APARTMENTS OPENING REAL SOON HERE WE JUST
HAD 700 AMERICAN OPEN BUT WE'VE GOT A LITTLE GAP BETWEEN ANY MORE UNITS WILL BE OPENING AND SO WE'VE SEEN A FEW PROJECTS COME THROUGH LIKE THE WORKS IN DEVELOPMENT THAT ARE COMING INTO DEVELOPMENT BUT
WE'LL HAVE PROBABLY OF A GAP HERE OF A YEAR OR TWO BEFORE WE START SEEING SOME MORE MORE CONSTRUCTION . SO WE DO TALK ABOUT
AFFORDABILITY HERE AND IT KIND OF EXPLAIN WHAT THAT IS AND HOW AM I AND I WON'T GO INTO TOO MUCH DETAIL BECAUSE YOU HEAR THIS ON A REGULAR BASIS BUT WE POINT TO THE HUD
WEBSITE AND THIS KIND OF POINTS OUT WHERE WHEN WE START THIS PROJECT WE'RE WAITING FOR DATA FROM THE CENSUS TO COME OUT KIND OF DECEMBER TIME IT TAKES US SOME TIME TO DO IT AND BY TIME
WE'RE KIND OF GETTING IN THE THICK OF IT IN MARCH WE'VE ALREADY STARTED OUR APRIL I THINK IT CAME OUT EVEN IN MAY THIS YEAR THE NEW AFFORDABLE LIMITS CAME OUT. SO THERE'S ALWAYS A TIMING
WITH WHEN DATA IS COMING OUT AND WHAT THE MOST RECENT DATA IS. SO THIS HAS THE 2025 LIMITS BUT THE 2026 LIMITS ARE PRETTY
SIMILAR TO THAT AS WELL. AND THEN WE JUST CALL OUT KIND OF WHAT THE AFFORDABLE RENTS ARE BASED ON UNIT TYPE AND SIMILARLY WE JUST HAD JUST A
COUPLE OF WEEKS AGO AN UPDATE TO WHAT THAT AFFORDABLE HOME PRICE WOULD BE FOR 80% IN MIND. IT ACTUALLY DID GO UP SLIGHTLY BUT IS PRETTY SIMILAR TO LAST
YEAR. I THINK IT'S ABOUT 312,000 NOW THIS YEAR AGAIN IT THAT BECOMES A VARIABLE OF INTEREST RATE AND A FEW OTHER THINGS THAT KIND OF CREATES THAT. SO WHILE INCOMES ACTUALLY WENT
DOWN SLIGHTLY, THIS HAS GONE UP DUE TO INTEREST RATE CHANGES BUT IMPORTANTLY WE LOOK AT HOUSING COST BURDEN SO
24 7% OR A QUARTER OF OUR POPULATION IS HOUSING COST BURDEN WHICH MEANS THEY'RE PAYING MORE THAN 30% OF THEIR INCOME FOR THE HOUSING. SO AS YOU START TO PAY MORE
OF YOUR INCOME FOR HOUSING, THAT MEANS YOU'RE MAKING CHOICES BETWEEN OTHER NECESSITIES FOOD, HEALTH CARE, TRANSPORTATION SO THAT THAT'S AN IMPORTANT FACTOR THAT WE
NEED TO KEEP TRACKING AND WANT TO MAKE SURE THAT HOUSING REMAINS AFFORDABLE. AND AS YOU DIVE INTO THE NUMBERS A LITTLE BIT TO THIS CHART HERE IS A LITTLE BIT
DIFFICULT TO SEE ON YOUR SCREEN I UNDERSTAND BUT IT HAS SHOWING TWO DIFFERENT THINGS HERE. FIRST IS HOUSING COST BURDEN BY RACE. SO SOME RACES IT'S HIGHER
BLACK AND AFRICAN-AMERICAN HOUSEHOLDS UP TO 40%. SAME WITH AMERICAN INDIAN HOUSEHOLDS AND LATINO HOUSEHOLDS THAT 32%.
AND SO THAT SUGGESTS OUR WHITE HOUSEHOLDS ARE LESS HOUSING COST BURDEN WHICH MAKES SENSE BECAUSE OUR WHITE HOUSEHOLDS ALSO TEND TO BE HOMEOWNERS AT A MUCH HIGHER RATE. SO YOU CAN SEE THE
HOMEOWNERSHIP DISPARITIES IN THIS CHART. SO WHILE 66% OF OUR POPULATION
TEND TO BE HOMEOWNERS, OUR ASIAN POPULATION ALSO TENDS TO BE HIGHER. BUT OUR WHITE HOUSEHOLDS IS 73%. SO YOU CAN SEE AS YOU LOCK
INTO THAT RATE OF HOMEOWNERSHIP YOU YOU KIND OF HAVE THAT FIXED MORTGAGE HOPEFULLY AND THEN YOU'RE ABLE TO KIND OF MANAGE THOSE EXPENSES OVER TIME SO YOU'RE LESS LIKELY TO BE HOUSING
COSTS BURDEN SO THAT'S PART OF THE IMPORTANCE BECAUSE AS YOU RENT YOUR RENT CONTINUES TO INCREASE AS THE MARKET
DEMAND INCREASES AND THEN WE JUMP INTO OUR AFFORDABLE HOUSING GOALS. THIS IS PART OF OUR COMPREHENSIVE PLAN THAT
RELATES TO WHY WE HAVE THE OPPORTUNITY HOUSING ORDINANCE, WHY WE'RE TRYING TO CREATE MORE AFFORDABLE UNITS. WE'VE GOT THIS NEW DASHBOARD THAT KIND OF AGAIN GETS TO
YOUR POINT OF TRACKING UNITS THAT ARE COMING ONLINE BUT YOU CAN SEE THE NUMBER OF UNITS. SO AS WE WE KNOW WE'VE WE'VE HAD SOME UNITS AT 30% ARMY
COME THROUGH BUT NOT NEARLY ENOUGH ONLY 40 AND WE NEED I THINK THESE NUMBERS AREN'T CALCULATING CORRECTLY BUT I THINK IT'S AROUND 400,000 SO
BUT THIS MAP HERE KIND OF HIGHLIGHTS IF IT WORKS AND THIS IS ALSO A SEPARATE DASHBOARD THAT PEOPLE CAN LINK TO.
SO THIS IS EMBEDDING A DIFFERENT SYSTEM IN HERE. BUT WHAT THOSE ARE UNITS ARE THAT OPEN THAT HAVE THOSE AFFORDABLE UNITS TO HELP MEET
OUR 2030 GOALS SO YOU GET SOME MORE DATA AND THOSE THEY YOU CAN SEE HERE WHERE WE'RE TRACKING OUR THIRD YEAH THIS
IS MORE ACCURATE THAN THESE NUMBERS SO YEAH SO OUR 30% ARMY UNITS ARE JUST UNDER 450 UNITS THAT WE NEED AND WE'VE
GOT 40 THAT YOU CAN SEE HERE WITH THEIR 50% ARMY UNITS WE'VE ACHIEVED THOSE IN OUR 60% ARE WELL ABOVE OUR GOAL
HERE ON THIS MIDDLE CHART HERE AND THEN THIS LAST SECTION I WON'T GO INTO TOO MUCH DETAILS BECAUSE THIS BASICALLY PULLED FROM A REPORT THAT WE HAD
ALREADY GIVEN YOU ABOUT OUR ACCOMPLISHMENT FOR THE YEAR. BUT WE DO TALK ABOUT LARGER IN HERE AND DO KIND OF BREAK DOWN IN MORE DETAIL WHERE THAT
LARGER SPENDING IS AND HAVE THIS NICE CHART THAT SHOWS THE ALLOCATION BASED ON SOME OF THE PROJECTS THAT WE'VE APPROVED SO THAT DOWNPAYMENT ASSISTANCE LIKE WE WERE JUST
TALKING ABOUT WE ARE PROPOSING THE HEIGHTS WAS ON THEIR SOUTH VIEW ESTATES AND RENTAL ASSISTANCE AND SO THIS SECTION
KIND OF EXPLAINS THAT AND THEN THESE OTHER ITEMS PULL DIRECTLY FROM I BELIEVE IT WE'RE TRYING TO REMEMBER WAS THAT FEBRUARY THAT WE PRESENT OUR KIND OF ANNUAL REPORT AND
THAT KIND OF LINKS TO THE STAFF REPORT THAT WAS PROVIDED DURING THAT TIME TOO SO CAN GET INTO SOME OF THOSE DETAILS AGAIN IF YOU WANT.
BUT IT'S LIKE I SAID, THIS IS MEANT FOR PUBLIC CONSUMPTION SO PEOPLE CAN SEE WHAT WE'RE DOING AND WHEN YOU SHARE YOUR
SCREEN THE SHARE BUTTON COVERS BUT YOU GO BACK THERE AREA
OKAY YEAH THAT IS THE ALL THINGS HOUSING REPORT AND I CAN ANSWER ANY QUESTIONS. I'VE GOT SOME TABLES HERE I CAN PULL UP IF THERE'S
SOMETHING THAT YOUR MOOD COMMISSION FANTASTIC REPORT NOT TO BE PROUD OF THERE IS STAFF IN THE HRA CAN YOU TALK
TO US A LITTLE ABOUT THAT 32% SINGLE HOUSEHOLD? YOU KNOW WHERE THAT'S LEADING US? YEAH. I'D HAVE TO DIG INTO THAT
MORE. I SUSPECT THAT'S KIND OF ALWAYS BEEN THERE GIVEN THAT OUR AVERAGE HOUSEHOLD SIZE HAS LEVELED OUT AT AREA
IT WAS LOWER ACTUALLY AT LIKE 2.25 AT THE LAST CENSUS. SO IT'S IT'S I WOULDN'T SAY THAT WE'RE INCREASING IN THAT SINGLE HOUSEHOLD BUT YOU'RE DEFINITELY SEEING SINGLES AND
TO PEOPLE HOUSEHOLDS LIVING IN BLOOMINGTON AND PART OF THAT I THINK IS AGING IN PLACE YOU KNOW EMPTY NESTERS THAT ARE STAYING IN THEIR HOME LONGER THAN THEY HAVE BEFORE BECAUSE THERE
ISN'T AFFORDABLE OPTIONS FOR THEM TO MOVE AND THEN PART OF THAT I THINK TOO IS JUST THAT WE DO HAVE SINGLE BEDROOM APARTMENTS THAT ARE AFFORDABLE, THAT ARE THAT ARE
YOU KNOW, PEOPLE WANT TO LIVE IN BLOOMINGTON ANY OTHER COMMENTS, QUESTIONS THANK YOU
VERY MUCH FOR THE REPORT. YEAH, I WAS JUST I MIGHT JUST ADD I'M VERY PLEASED WITH THE WAY THAT ALL THINGS HOUSING REPORT TURNED OUT. I HOPE YOU FIND IT EASIER TO
ACCESS IT'LL BE EASIER TO SHARE WITH COMMUNITY MEMBERS. IT'S JUST AN EASIER PRESENTATION OF THE INFORMATION AND SO I SHOUT OUT TO DALEY WHO PUT A LOT OF WORK INTO MOVING IT INTO THIS
FORMAT AND SO I WAS A LITTLE BIT DELAYED THIS YEAR BUT I AM VERY HAPPY THAT WE HAVE THIS RESOURCE TO SHARE OUT. SO YEAH, THANK YOU. AND I GUESS A SHOUT OUT TO MIKE FOR PINCH HITTING AND
HITTING THERE TOO GOOD IT'S OUT THERE DIDN'T I JUST READ THE REPORT? >> OKAY NEXT ITEM DISCUSSION
ITEMS ADMINISTRATOR UPDATES. SO ACTUALLY I'M ACTUALLY MIKE COULD I COULD I ASK YOU TO PULL SOMETHING ELSE UP ON YOUR SCREEN REAL QUICK?
THERE IS IN THE THREE THE PRESENT FOLDER THERE'S A REPORT ON PROPERTY THE PROPERTY YOU'RE PULLING GOING TO SHARE IT BY ANY CHANCE?
I WILL GO THROUGH THERE WAS A SO THERE WAS A REQUEST FROM COUNCIL OR COMMISSIONERS TO HAVE MORE FREQUENT UPDATES ON SOME OF THE ISSUES GOING LIKE WHAT WE'RE WORKING ON WITH THE
HOA OWNED PROPERTIES AND SO THERE IS A NEW REPORT THAT IS ANTICIPATED TO RELEASE TO COMMISSIONERS QUARTERLY THAT WAS ATTACHED TO THE ADMINISTRATOR UPDATES AND SO I'M TRYING TO FIND THAT TO PULL IT UP NOW BUT I'LL GO
THROUGH THE REST OF THE UPDATES HERE SO OKAY, A COUPLE OF THINGS. FIRST AT THE LAST MEETING THERE WAS THE REQUEST FOR A NEWSLETTER AND SO THAT WENT
OUT ON THE FOURTH WEEK OF THE MONTH WHICH IS WHEN WE HAD PREVIOUSLY HAD THE SECOND HOA MEETING OF THE MONTH SCHEDULED . SO THAT WAS OUR FIRST ITERATION. I'M SURE IT'LL CONTINUE TO EVOLVE. PLEASE LET ME KNOW IF YOU HAVE OTHER THINGS YOU'D LIKE OTHER
INFORMATION THINGS YOU'D LIKE UPDATES ON ANY SUGGESTIONS IN TERMS OF WHAT THAT NEWSLETTER SHOULD COVER HELP YOU FOUND SOME OF THAT INFORMATION HELPFUL? ANOTHER THING I'D LIKE TO HIGHLIGHT I THINK THAT WAS
INCLUDED IN THE NEWSLETTER WAS THAT THERE WERE SOME SIGNIFICANT CHANGES MADE TO REGULATIONS FOR HOMEOWNERS ASSOCIATIONS AND SO SOME
OF THOSE THINGS INCLUDED FEE AND FINE CAPS, EXPANDED CONFLICT OF INTEREST RULES, COMPETITIVE BIDDING ON LARGE CONTRACTS, SOME HOMEOWNER PROTECTIONS LIKE BANNING
RETALIATION. AND SO IT WAS A PRETTY COMPREHENSIVE CHANGE. AND SO WE ARE ALSO STILL THINKING THROUGH HOW CAN WE COMMUNICATE OUT THIS INFORMATION TO OUR HOMEOWNER ASSOCIATIONS AND AND THE
IMPACT IN COMMUNICATING OUT ABOUT THAT INFORMATION. SO I JUST WANTED TO HIGHLIGHT THAT AS A SIGNIFICANT CHANGE AND SOMETHING I KNOW IS OF INTEREST TO THE BOARD AND
THEN I MENTIONED ALSO DURING THE ITEM WE'RE LOOKING AT A SPECIAL MEETING ON JUNE 23RD. SO THE REASON FOR THAT THERE IS A LOW INCOME HOUSING TAX
CREDIT APPLICATION COMING FORWARD THAT HAS REQUESTED SOME ACTION FROM THE HRA THAT WOULD BE NEEDED TO SUPPORT THAT PROJECT AND THE TIMELINES ON THOSE ARE PRETTY TIGHT AND
SO WE'RE RECOMMENDING YES. THANK YOU SO MUCH MIKE. SO WE'RE RECOMMENDING ADDING THAT MEETING SO OUR FOLKS THUMBS UP LOOKS LIKE FOLKS ARE
AVAILABLE TO ATTEND SO WE'LL GO AHEAD AND AND SEND OUT THE HOLD STILL TO BE CONFIRMED. BUT I THINK WE'RE ANTICIPATING THAT THAT WILL HAPPEN. SO WE'LL SEND OUT A COMMUNICATION CLOSER TO TIME
AND JUST CONFIRM THAT THAT IS SCHEDULED AND THEN ALSO I DID GIVE YOU THIS LITTLE HANDY LITTLE FORM WITH BOARD RETREAT AVAILABILITY. I WILL EMAIL THIS OUT TO THE BOARD AS WELL TO FILL IT OUT.
SIMILAR TO LAST YEAR WE HAD PLANNED A BOARD RETREAT AND SO THIS YEAR WOULD PLANNED FOR A BOARD RETREAT AS WELL. THIS IS KIND OF GENERAL AVAILABILITY AND PREFERENCES FOR TIMING AND THEN LIKE TRAVEL DATES WE'RE NOT
AVAILABLE AS WELL AS ANY RECOMMENDATIONS FOR TOPICS THAT YOU WOULD LIKE TO COVER AND THEN CONTINUE ON A COUPLE PROJECT UPDATES. SO BRING IT HOME WHICH IS THE
STATE FUNDED VOUCHER PROGRAM. WE'VE HAD A COUPLE OF CONVERSATIONS ABOUT THE REQUEST FOR PROPOSALS TO ISSUE PROJECT BASED VOUCHERS SO THAT HAS BEEN POSTED. IT WILL BE CLOSING AT THE END
OF THE MONTH AND THEN OUR GOAL IS JULY. IT IS A NEW PROGRAM SO MIGHT BE AUGUST BUT OUR GOAL WOULD BE TO BRING FORWARD RECOMMENDATIONS FOR ISSUING THOSE VOUCHERS IN JULY.
SO IF YOU KNOW ANYONE INTERESTED IN APPLYING IT'S FOR THEM TO ADMINISTER THESE VOUCHERS THAT RFP IS AVAILABLE. ANOTHER COUPLE MORE THINGS WE
HAVE COMING UP WHERE WE'LL BE ISSUING RFP IS WE DO HAVE FOR ST MARK'S SITES SO THERE WAS AFTER ACQUIRING THE PROPERTY WE'RE LOOKING AT BUILDING A ROAD ON THAT PROPERTY SO WE
WILL BE ISSUING AN RFP TO DO IT'S CALLED SITE CIVIL BUT BASICALLY LIKE DESIGNING THE ENGINEERING FOR THE SITE FOR THE ROAD AS WELL AS LOOKING AT OPENING AN APPLICATION SOONER
RATHER THAN LATER FOR DEVELOPERS TO APPLY TO BE ABLE TO DEVELOP ON THAT SITE. SO WE HAVE A NUMBER OF UPCOMING ACTION ITEMS ON
THAT ONE AND I'M SORRY. YES, PLEASE LOOK AT THE CONFIGURATIONS DIFFERENT IT SO IT'S NOT 2017. YEAH IT'S I THINK WE HAD 16 OR
17 ON THERE. I DO THINK SO WE'RE A LITTLE BIT LIMITED BY THE GRANT FUNDING BECAUSE WE CAN ONLY DO THE 27 UNITS TOTAL AND ST
MARK'S IS 1617 OF THAT SO WE WILL BE BRINGING BACK TO THE BOARD BASICALLY A NEW SITE PLAN TO CONSIDER AND APPROVE. I DON'T KNOW THAT WE'LL BE ABLE TO GO OVER THAT NUMBER OF 1617 UNITS BECAUSE OF THIS
FUNDING AVAILABILITY. SO PERHAPS AS PHASED I THINK THERE ARE DIFFERENT OPTIONS TO CONSIDER THERE BUT YEAH WE ARE LOOKING AT MAKING SOME ADJUSTMENTS JUST BECAUSE OF COST GAPS CURRENTLY.
SO AND THEN OKAY SO I WILL RUN THROUGH THIS. THANK YOU AGAIN MIKE. SO THIS IS KIND OF WE'LL JUST KIND OF SCROLL THROUGH THIS IS JUST BACKGROUND TO PROGRAMS.
WE HAVE THE ASSISTED RENTAL HOMES WHICH ARE PROJECT BASED VOUCHERS AND THEN RENTAL HOMES FOR FUTURE HOMEBUYERS WHICH IS A PROGRAM BASICALLY TO TRAIN PEOPLE FOR EVENTUAL HOMEOWNERSHIP.
IT'S A FIVE YEAR PROGRAM WHERE PEOPLE RENT THE PROPERTY. WE PROVIDE ANNUAL FINANCIAL THINGS LIKE EDUCATION SERVICES AND THEN THEY CAN MOVE. THE GOAL IS FOR THEM TO
GRADUATE INTO HOMEOWNERSHIP. SO SOME GENERAL UPDATES SO WE HAVE A NUMBER OF WORK PLAN GOALS IN THE ANNUAL WORK PLAN AND SO THIS IS KIND OF SOME HIGHLIGHTS ALONG THESE LINES I MENTIONED AT THE LAST MEETING
THESE LOW INCOME RENTAL EFFICIENCY INSPECTIONS SO THESE ARE FREE INSPECTIONS FOR INCOME RESTRICTED QUALIFYING PROPERTIES AND SO BECAUSE IT'S AN INCOME RESTRICTED PROGRAM
ALL OF OUR PROPERTIES ARE ELIGIBLE. SO WE'RE GETTING AN ASSESSMENT DONE AND THEY WOULD COVER THE PORTION OF A COST TO COMPLETE LIKE WEATHERIZATION HIGH
EFFICIENCY EQUIPMENT UPGRADES AND SO IT ALIGNS WELL WITH TIMING. WE HAVE SOME CDBG FUNDS WHICH WERE SPECIAL FUNDS THAT WERE GRANTED COMMUNITY DEVELOPMENT
BLOCK GRANT FUNDS THAT WERE GRANTED DURING COVID. WE HAD BROUGHT TO THE HRA IN THE CITY COUNCIL AN ACTION TO APPROVE SPENDING TO SPEND
ON THE LAST OF THOSE DOLLARS ON CAPITAL IMPROVEMENTS FOR HRA OWNED HOMES. SO WE'RE MOVING FORWARD WITH THAT SPENDING. WE DO HAVE A DEADLINE OF AUGUST SO WE'RE MOVING QUICKLY TO GET THOSE FUNDS OUT
THE DOOR AND THEN RESIDENT RELATIONSHIPS THE THOSE ENERGY EFFICIENCY VISITS WENT DOWN BY STORM. I THINK THEY RECEIVED SOME LITTLE GIVEAWAYS LIKE LIGHT
BULBS, FIREBALLS, WATER SAVING SHOWERHEADS. SO THAT WAS A FUN THING TO BE ABLE TO PROVIDE TO RESIDENTS. AND THEN WE HAVE AN EMERGENCY MAINTENANCE VENDOR WHO WAS A
NEW EMERGENCY MAINTENANCE VENDOR SELECTED IN 2026 WHO'S HAD SOME POSITIVE FEEDBACK AND HAVE PERFORMED A VARIETY OF SERVICES FOR US. SO THAT PARTNERSHIP HAS BEEN GOING WELL. VENDOR NETWORK WE HAVE A
CURRENT POOL OF VENDORS SO WE ISSUED AN RFP LAST YEAR TO SELECT SOME LIKE BASICALLY VENDORS THAT WE COULD REACH OUT TO AND CONTRACT WITH QUICKLY AND SO WE ARE
ANTICIPATING TO ISSUE THAT RFQ ANNUALLY AND SO WE'RE LOOKING AT ISSUING THAT AGAIN SOON TO BROADEN THE NUMBER OF VENDORS WHO ARE IN THAT CATEGORY AND THEN CONTINUING TO DO SOME LONG TERM PLANNING.
SO THE ENERGY EFFICIENCY VISIT AND INSPECTIONS ARE PART OF THAT. SO ARE THE CDBG FUNDS AND WE'RE ALSO IN THE CAPITAL IMPROVEMENT PLANNING PROCESS OF THE CAPITAL IMPROVEMENT
PLAN FOR THE CITY. SO YEAH, CONTINUING ON DOWN HERE WE'VE GOT THESE ARE SOME BREAKDOWNS OF THE HOMES IN EACH PROGRAM AND SPENDING
BY QUARTER. SO OBVIOUSLY THIS IS Q ONE REPORT SO WE ONLY HAVE Q ONE FILLED OUT BUT WE'LL BE REPORTING ON THIS EVERY QUARTER TO KIND OF UPDATE ON WHERE WE ARE IN TERMS
OF BUDGET FOR OUR PROPERTY PROPERTIES AND THEN YOU CAN CONTINUE ON DOWN MIKE AND THEN A COUPLE OF THINGS LIKE WHAT'S GOING ON CURRENT STATUS WE'VE
HAD A NUMBER OF WATER INTRUSION AND PLUMBING CALLS RECENTLY SO TRYING TO ADDRESS SOME OF THOSE THOSE REQUIRE THOSE ARE EMERGENCY MAINTENANCE CALLS SO TRYING TO
RESPOND TO THOSE QUICKLY GENERAL MAINTENANCE WE'RE STILL WE HAVE SOME PREVENTATIVE MAINTENANCE THAT'S COMING UP THAT'S NEEDED GETTING OF THE DRAINS AND THINGS LIKE THAT.
UM AND THEN TURN SO A TURN IS BASICALLY WHAT WE CALL WHEN SOMEBODY MOVES OUT AND SOMEBODY ELSE MOVES IN. SO WE'VE HAD ONE OF THOSE IN EACH PROGRAM AND THEN THERE'S SOME CAPITAL IMPROVEMENTS AND THE CURRENT
VACANCIES FOR THE LAST DAY OF THE QUARTER. >> SO YEAH ALSO THIS IS OUR FIRST ITERATION OF IT. I WOULD IMAGINE THAT THIS CAN CAN ALSO BE MODIFIED SO LET ME
KNOW IF YOU HAVE QUESTIONS OR FEEDBACK ON THIS REPORT. I WOULD SO OF THE RENTAL HOMES IS JUST 42 RIGHT? YES 42 TOTAL WITH THE TWO PROGRAMS WITH YEAH WE DON'T
HAVE MORTGAGES AGAINST ANY OF THOSE THAT WE WE DO NOT SO THERE ARE REVENUE GENERATING PRETTY MUCH WELL THE PROJECT BASED VOUCHER PROGRAMS ARE NOT
NECESSARILY BUT THE COSTS ARE COVERED BY THE VOUCHERS THE RENTAL HOMES FOR FUTURE HOMEBUYERS. IT I MEAN WE USE RENTAL INCOME BUT THERE IS SOME SUBSIDY FROM THE HRA LEVY TO SUPPORT THE
THE AFFORDABILITY AND THE INCOME QUALIFICATION COMPONENT OF THAT PROGRAM. OKAY. THANKS. SO I WOULD IMAGINE AND
UPCOMING QUARTERS WELL WE'LL JUST USE THE SAME FORMAT AND CONTINUE TO PROVIDE UPDATES ON A NUMBER OF THESE CATEGORIES AS WELL AS ANYTHING ELSE THAT COMES UP. SO FEEL FREE TO LET US KNOW IF YOU HAVE ANY OTHER QUESTIONS OR FEEDBACK.
AND THEN I THINK MY LAST COMMENT AND THEN WE DONE UPDATES IS JUST THAT THERE WAS A REQUEST TO CREATE LIKE A ROSTER OF JURY MEMBERS AND TO INCLUDE FOLKS PHONE NUMBERS ON
THERE. SO JUST WANTED TO MAKE SURE EVERYONE IS COMFORTABLE WITH SHARING OUT PHONE NUMBERS SO PLEASE LET ME KNOW END OF THE WEEK IF YOU HAVE ANY CONCERNS AND THEN WE'LL PUT THAT TOGETHER AND SHARE THAT WITH THE BOARD AND SO THAT IS IT.
THOSE ARE ALL MY UPDATES. THANK YOU. ANY QUESTIONS OR COMMENTS ON THE UPDATES? ALL RIGHT THEN THIS IS WE HAVE
REACHED THE END OF OUR AGENDA DAY SO MAY I HAVE A MOTION TO ADJOURN THE TUESDAY JUNE 9TH FOR A BOARD MEETING SO MOVED
MOVED BY COMMISSIONER ROBERTSON SECOND SECOND BY COMMISSIONER WOOTEN AND ME WE HAVE THE ROLL CALL VOTE FOR A
WEBEX COMMISSIONER DOUBLING HER I COMMISSIONER ROBERTSON I COMMISSIONER CARTER HIGH COMMISSIONER WOOTEN I CHAIR
MUELLER I SO MOTION PASSES FIVE ZERO THANK YOU EVERYONE FANTASTIC