►
From YouTube: Policy, Finance & HR Committee – May 9, 2023
Description
Regular meeting of the Asheville City Council's Policy, Finance & Human Resources Committee.
Access the agenda and other meeting materials at the City of Asheville website: https://www.ashevillenc.gov/government/city-council-committees/policy-finance-and-human-resources-committee/
Participate before and during the meeting on our public engagement hub: https://publicinput.com/S28682
D
D
D
D
D
They
will
continue
to
pay
that
throughout
the
project
and
through
the
grant
term,
with
that
estimated
value
of
twelve
point,
four
three
million
the
annual
property
tax
would
be
approximately
50,000.
So
then
we
subtract
out
what
they're
already
paying
so
the
payments
would
be
approximately
forty
eight
thousand
four
hundred
eighty
two
dollars
a
year
for
21
years
next.
Next.
D
Hundred
twenty
two
dollars
per
unit,
which
is
pretty
very
low
subsidy
after
the
program,
is
over,
we
would
receive
the
full
taxes
for
the
site
and
the
project
with
the
housing
trust
fund
request
that
was
approved
a
few
couple
weeks
ago.
They
you
receiving
the
point
five
million
or
close
to
20,000
dollars
per
unit,
which
is
our.
D
D
E
F
Maybe
there's
some
other
funding
sources
coming
in
there.
I'm
not
sure
what
was
that
john
brady
address
that
question
for
you
all.
Yes,
can
everybody
hear
me?
Okay,
okay,
great!
Yes,
that's
reflecting
the
payment
standards
on
the
vouchers,
so
the
as
the
key
program
rents
or
the
that's
couple
things
going
to
we're,
showing
the
revenue
to
the
project
from
each
unit.
F
All
of
the
30%
units
have
project
based
vouchers,
which
would
effectively
be
covering
rent.
Believe
residents
still
have
to
pay
30%
of
their
income.
Whatever
that
the
50%
am.
I
units,
though
those
are
the
normal.
You
know,
hundred
fifty
percent.
Am
I
restricted
rent
levels
and
actually
do
reflect
kind
of
what
the
believe,
what
the
rents
would
be,
that
the
key
the
key.
F
Vouchers
do
you
care
if
I
think,
some
some
rental
assistance,
if
there's
any
referrals
from
the
state
on
those?
But
that's
that's
the
difference.
That's
why
it's
actually
reflecting
a
higher
rent
on
the
d
%
a
my
units,
it's
a
little
misleading!
That's
the
revenue
to
the
project
from
our
sources
and
uses
and
is
kind
of
showing
how
we
support
the
loan
proceeds,
but
on
the
30%
units,
it's
not
actually
a
residence
with
pay.
E
F
F
How
many
funding
sources
are
needed?
I
mean,
I
believe
our
underwriting
is
showing
repaying
all
the
all.
The
different
loan
amounts
had
cash
flow
during
the
during
the
terms
of
the
loans.
But
yes,
it
is,
is
a
very,
very
complicated
and
multi-layered
source
of
funding
in
in
order
to
be
able
to
afford
to
build,
affordable
housing
projects.
E
B
F
A
good
point
mayor
I
mean
additionally
mean
gross
rent
is
not
actually
what
the
rent
the
rent
the
tenants
pay,
because
we're
deducting
out
of
utility
allowances.
So
it's
much
much
lower
on,
I
think,
probably
all
units
honestly.
So
I
mean
what
what
this,
what
this
chart
is
showing
is
the
gross
sources
of.
F
Revenue
and
then,
if
there's
any
support
to
pay
those
expenses
in
the
subsidy
column,
so
it
yeah
I
mean
I
could.
I
could
see
that
another
column
could
definitely
be
helpful
to
the
layperson
on
what
we
call
it
net
rent,
that's
what
the
residents
actually
hey
and
I
think
adding
that
column
would
be,
would
be
very
helpful
because
there's
good
bet,
that's
deduct
it
out
too,
to
allow
tenants
to
pay
not
only
their
housing
costs,
but
also
all
of
the
ability,
expenses
and
and
still
keep
all
of
that
under
30.
But
that's
those
are.
F
F
F
B
B
But
sean
I
wanted
to
thank
you
for
bringing
this
project
through.
We've
seen
100%,
affordable
housing
projects
the
last
couple
of
years,
and
that's
a
good
good
thing
and
I
can
see
all
the
work
you've
had
to
put
into
it
to
patch.
Together
all
the
funding
sources
and
make
sure
every
tenant
has
some
rental,
it
seems
like
rental
assistance
opportunities.
So
thank
you
for
that.
F
B
E
And
I
wanted
to
present
a
solution
that
we
might
consider
on
a
future
agenda
for
our
policy
and
finance
and
human
resources
committee,
as
I
think
it
covers
two
of
those
actually,
the
human
resources
part
if
we're
gonna
address
wage
is
based
on
the
cost
of
housing
for
our
staff.
I
think
we're
going
to
need
to
look
at
it
earlier
in
the
budget
as
far
as
the
policy
side
of
living
wages
and.
E
E
Is
that
a
future
meeting
of
this
body
after
we
get
through
this
budget
cycle
that
we
could
look
at?
What
would
six-month
interval
onboarding
look
like
for
a
living
wage
projections,
perhaps
something
like
at
budget
time
and
the
first
of
the
year
for
the
next
couple
of
years?
Ears
if
it
is
just
kind
of
like
spitball
his
suggestion
here
of
what
it
would
take
to
get
us
to
a
living
wage
rate
that
way
we're
getting
ahead
of
future
budgets?
And
I
know
it's
hard,
especially
to
look
at
the
inflation
part
of.
E
Cities
all
across
the
country
looking
at
how
over
time
and
burnout
is
happening
and
that
prioritizing
people
burning
themselves
out
and
stop
having
the
negative
or
opposite
impact
of
retention
and
recruitment.
So
all
that
to
say
is,
I
think
it
has
a
future
agenda
of
this
meeting.
We
might
start
to
like
look
at
the
projections
of
what
getting
to
a
living
wage
could
look
like.
B
B
B
E
Cycle,
I
think
that
we
have,
because
we
haven't
looked
at
how
far
behind
we
are
at
the
2002
getting
to
the
2010,
we're
missing
an
opportunity
to
see
how
far
away
or
close
the
gap
even
is
and
while
we're
in
the
the
end
of
the
budget
cycle,
it's
really
hard
for
us
to
do
that.
So
I
guess
a
very
specific
ass
would
be
maybe
around
late
summer.
We
start
to
look
at
what
would
it
even
look
like
to
step
us
in
that
direction
with
six
month
intervals?
E
E
I
just
don't
at
this
point
when
I'm
being
asked,
I
don't
know
how
far
away
we
are
from
living
wages
plus
compression
to
be
able
to
communicate
to
folks.
Is
it
a
million
dollar
gap?
Is
it
a
three
million
dollar
gap?
I
know
we've
looked
at
the
impact
on
getting
to
18
and
we've
looked
at
some
of
the
other
incentives
for
filling
hard
to
fill
positions.
But
but
I
think
we
should
probably
start
looking
very
explicitly
at
how
much
it
could
cost
to
get
to
living
wage
taylor.
C
A
Tell
her
to
follow
up
one
of
the
questions
I
feel
like.
We
saw
a
number
connect
or
councilman
brownie
that
you're
asking
about.
I
feel
like
at
one
point.
We
saw
the
number
of
what
it
would
take
and
it
was
like
fifteen
million
dollars
to
get
to
the
living
wage
and
that,
like
girly
in
a
budget
presentation,
is
anyone
else,
remembering
that,
because
I
think
part
of
what
I
hear
you
asking
him
is
like.
A
We
want
to
understand
what
the
goal
is,
what
the
target
would
be
and
what
that
actual
financial
number
is.
Do
we
have
that
number
on
hand?
I
remember
seeing
it
at
one
point
in
time
who
we
don't
have
that
and
then
the
subsequent
proposals
from
staff
of
looking
at
different
numbers
were
in
that
context.
For
me
that
I
don't
remember
the
number
offhand
I.
E
B
It's
really
easy
to
say:
everyone
gets
5%
raise
across
the
board
because
you
don't
create
any
compression
issues.
So
when
you
say
onboarding,
are
you
talking
about
that
problem
of
the
kind
of
having
to
go
through
all
the
staff,
wages
and
figure
out
where
the
compression
issues
are?
I
think
I'm
asking.
B
B
Can
the
city
afford
it
and
to
to
apparently
the
hr
piece
of
it,
the
legit
mystics
piece
of
trying
to
go
through
all
the
ways,
classifications
and
figure
out
how
to
deal
with
the
compression
issues.
So
I
I
think
we've
done
a
better
job
and
approaching
that
issue
earlier
and
earlier
in
the
last
couple
of
years,
but
it's
we're
still
not
we're
still
not
there
and
honestly,
with
inflation,
its
kind
of
run
away
from
us,
the
number
and
the
last
couple
of
years.