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From YouTube: Housing & Community Development
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A
Alrighty
we
are
live
Katie
good
morning.
Everyone
I'm
chair,
Sage,
Turner
and
I'd
like
to
welcome
you
to
the
September
20th
Housing
and
Community
Development
Committee
meeting.
We
are
participating
virtually
today
and
those
of
you
who
are
out
there
with
us
welcome.
Thank
you
for
joining
to
help
our
audience
follow
along
I'm,
going
to
State
each
section
of
the
agenda
aloud.
We're
also
streaming
live
on
our
virtual
engagement
Hub,
which
is
accessible
through
the
city's
website.
A
855-925-2801
and
when
prompted
for
a
code
that
code
is
9791
for
today's
meeting,
we
also
have
the
option
for
people
to
call
in
and
comment
live
during
the
meeting
to
do
that.
You'll
use
that
same
number,
855-925-2801
and
meeting
code
9791,
but
your
phone
will
become
muted
and
you
will
hear
the
meeting
starting
live
at
this
point.
You'll
hear
for
more
options,
please
press,
star
and
pressing
star
three:
that's
star
three
will
allow
callers
to
continue
to
listen,
live
and
join
a
speaker
queue.
A
Each
speaker
will
have
three
minutes
to
speak
as
a
general
reminder
if
you
could
all
stay
on
mute
unless
needing
to
speak
and
you
can
raise
both
a
visual
hand
or
virtual
hand.
If
you
need
to
speak
up
and
right
now,
I'm
going
to
go
ahead
and
start
a
roll
call.
One
last
reminder:
please
do
not
use
the
chat
function,
not
everyone
can
see
it
and
have
some
information
get
lost
in
it
all
right,
so
real
call
I'm
going
to
introduce
all
the
committee
members
and
staff
who
are
participating
today.
C
A
A
A
Second,
thank
you
we'll
do
a
roll
call
vote,
because
we
are
virtual
councilwoman,
Antoinette,
Mosley
aye
vice
mayor
Smith,
aye
myself,
Sage
Turner
I,
all
right.
We
have
completed
item
number
one
and
we
are
moving
on
to
item
number
two,
which
is
a
discussion
around
the
allocation
of
remaining
affordable
housing
bond
funds.
I
believe
Sasha
was
going
to
be
walking
us
through
this.
Thank
you.
Sasha
go
ahead.
C
I
am
thank
you
and
I
believe
Katie's
presenting
my
slides.
You
didn't
thank
you
yes,
so
councilwoman
a
few
months
ago,
I
believe
it
was
in
March.
C
We
came
to
you
with
an
update
on
the
affordable
housing
Bond.
Next,
just
as
a
reminder.
C
Could
go
to
the
next
slide
Katie.
Just
as
a
general
reminder,
the
city
issued
voters
approved
25
million,
affordable
housing
bond
in
2016..
So
far
we
have
spent
18.5
million
of
that,
and
these
are
just
some
highlights
from
that.
Slideshow
that
we
went
through
back
in
the
spring.
We've
purchased,
approximately
32
and
a
half
acres
403,
affordable
units
have
been
constructed
and
there's
another
197
units
in
the
pipeline
to
be
constructed
with
those
funds.
The
Housing
Trust
Fund
has
been
a
really
successful
tool
in
leveraging
the
funding
that
we've
put
towards
that.
C
C
Policies
need
to
be
in
place
to
guide
decision
making
prior
to
making
creating
programs
or
implementing
them
and
again
Housing
Trust
Fund
has
been
a
great
success
story
for
our
bond
money.
It's
it's
very
flexible,
there's
a
lot
of
different
uses
and
we're
getting
different
types
of
Housing
and
serving
different
populations
with
that.
Next.
C
So
of
that,
5
million
that
we
allocated
to
the
Housing
Trust
Fund.
This
is
just
a
reminder
from
again
from
that
same
slideshow.
Back
in
the
spring,
we
funded
approximately
I
think
this
is
195
units
amaranth
Apartments,
which
was
a
tax
credit
project,
360
Hilliard,
which
was
on
City
owned
land,
Swannanoa
Bend,
which
was
a
private
for-profit
developer
in
habitat
home
ownership
and
then
Homeward
Bound
on
Michigan
Avenue
developed
11
units.
So
those
funds
are
committed.
C
We
still
there's
still
some
outstanding
draws
to
happen
with
that
money,
but
it's
been
spent
next.
C
So
current,
so
this
is
separate
from
the
bond
funding,
so
don't
think
of
this
as
Bond
money,
just
in
general
for
the
Housing
Trust
Fund
at
the
beginning
of
August,
we
had
about
three
million
dollars
available
to
loan
out
of
that
fund.
The
council
allocated
850
000
if
you
chose
to
allocate
1.5
million
today.
C
This
is
not
assuming
that
you
would,
but
if
you
did
we're
taking
that
into
account
and
then
we
need
to
officially
rescind
the
original
restaurant
Court
loan
that
city
council
allocated
a
few
years
ago,
so
that
would
leave
us
with
a
balance
of
1.65
million
in
the
house
of
trust
fund.
Without
so
that's
not
counting
any
bond
funds.
Next.
C
So
yes,
so
this
is
just
a
breakdown
of
the
bond
funds
and
what's
remaining
so,
what
is
remaining
is
6.5
million,
and
this
is
how
we've
spent
those
you
know
the
18.5
in
big
chunks.
C
The
last
allocation
you'll
remember
this
summer
was
for
div
review
phase
one
next,
so
we're
recommending
of
that
6.5
million
to
take
500
000
of
that
and
use
it
for
planning
for
City
on
land.
We
don't
use
all
of
that.
We
can
always.
You
know,
reallocate
that
to
the
Housing
Trust
Fund.
You
know
before
next
November.
If
we
need
to
and
then
we
would
propose
allocating
6
million
to
the
Housing
Trust
Fund
and
we
would
bring
I'll
just
finish.
C
This
slide
councilwoman
Turner
before
we
would
come
to
city
council
later
this
fall
and
winter
with
some
small
policy
adjustments
around
the
Housing
Trust
Fund.
You
know
there
are
questions.
Should
we
be
reserving
land
for
reserving
some
funds
for
land
acquisition
or
just
have
additional
guidelines?
Should
we
we
currently
have
a
cap
of
a
million
dollars.
Should
we
raise
that
because
we
are
regularly
not
sticking
to
that?
Should
we
change
the
per
unit
subsidy?
C
You
know,
because
costs
have
gone
up
like
35
40
percent
in
the
last
couple
years,
so
there's
questions
like
that
and
we're
also
doing
research
on
other
housing
trust
funds
around
the
state
and
other
cities
just
to
get
an
idea
of
some
other
best
practices.
C
B
C
With
them
yesterday,
actually
staff
the
two
staffs
met
and
we're
talking
about
kind
of
aligning
our
documents
that
we
ask,
for
which
would
actually
make
it
easier
for
applicants.
So,
if
we're
all
getting
the
exact
same
information,
it's
a
lot
clearer,
those
kinds
of
things:
councilwoman
Turner
did
you
have
a
question.
A
F
You
I
would
say
that
it
was
a
quick
process
node.
So
today
we
are
just
seeking
feedback
general
questions,
anything
that
you
want
to
defer
to
ahac
to
really
take
up
for
a
policy
consideration,
and
then
we're
actually
going
to
be
coming
back
at
the
next
hcd
meeting
for
a
formal
vote
for
the
allocation,
as
proposed
here
with
all
of
those
conversations
any
any
further
refinements
that
are
needed,
based
on
the
discussion
of
ahec,
et
cetera,
but
effectively
once
hcd
and
Council.
F
If
they
were
to
decide
to
then
enact
this
allocation,
it
would
also
include
that
reallocation
of
those
down
payment
funds.
So
again
what
we're
seeing
here
when
Sasha
showed
that
balance
that
was
available
with
the
bond
funds,
that
included
the
down
payment
assistance,
what
we
had
held
for
down
payment
assistance
and
just
to
finish
finish
that
thought
what
we
also
showed
was
you
know
we
had
used
some
of
Housing
Trust
Fund
dollars
to
benefit
a
home
ownership,
Model
A
Habitat
for
Humanity.
F
So
again,
our
thinking
is
that
Housing,
Trust
Fund
is
flexible
enough,
that
we
are
able
to
accomplish
homeownership
goals,
that
being
again
a
goal
of
counsel.
On
the
committee
so
again
that
was
just
another
component
to
consider
but
I
think
I.
Think
that
was
your
question.
So
I'll
pause
and
turn
it
back
over
to
Sasha
to
to
finish
foreign.
C
C
E
Not
so
much
a
question,
but
when
I
see
under
consideration
the
reserving
fund
for
land
acquisition
I'm
wondering
if
we
could
have
this
particular
subset
there
as
it
relates
to
land
Acquisitions
in
areas
previously
redlined.
A
And
just
I'm,
seeing
oh,
never
mind,
I,
see
it
on
here:
MHO,
okay,
never
mind.
C
So
here's
our
process
from
here
we
would
go
to
ahac
for
some
review
and
questions
and
feedback
come
back
to
you
all
on
October
18th,
for
a
formal
vote
on
this
allocation
and
then
City,
full
City
Council
on
October
25th,
and
then
we're
really
already
starting
to
work
on
these
Housing
Trust
Fund
policy
considerations,
but
would
be
bringing
that
to
you
all
in
November
and
December,
and
it's
not
a
huge
redo
of
the
policy
kind
of
thing,
but
again,
I
think
with
news
all
new
staff
and
kind
of
taking
a
fresh
look
in
a
changed.
C
Market
Market
change,
marketing
conditions
and
an
infusion
of
money
want
to
make
sure
we're
doing
the
best
we
can
with
that
that
new
infusion
and
it
you
know
it's
also
possible
that
we
we
do
not
have
to
allocate
all
five
million
of
that
or
six
million
excuse
me
in
that,
like
in
a
funding
cycle.
You
know
next
winter.
Next
winter
spring
we
could
say
we're.
Gonna
council
could
make
the
decision-
let's
fund
4
million
and
then
we're
going
to
keep
2
million
for
next
year
or
something
like
that.
So
that's
awesome.
C
F
We
we
have
worked
with
Bond
Council
and
with
the
finance
team
to
really
ensure
that
we're
on
firm
footing
in
terms
of
compliance
with
with
the
go
bonds,
because
as
We
Know,
this
this
consideration
this
allocation.
This
proposal
is
really
also
informed
by
the
fact
that
our
bond
timeline
in
effect
concludes
this
time
next
year,
pretty
much,
and
so
in
our
conversations
with
Bond
Council.
Having
this
allocated
towards
a
specific
specific
programs
would
then
meet
the
test
of
of
our
our
bond
requirements.
F
So
again,
we
felt
that
this
also
met
that
test,
so
that
we
would
be
in
in
good
in
compliance
with
with
those
regulations
as
well.
A
I'd
be
curious,
since
this
idea
of
going
to
a
hack
for
input
I'll
be
curious
into
their
feedback
on
down
payment
assistance
program
somewhere
in
here
and
I.
Think
preemptive
to
that
we'd
have
to
know
I
mean
I.
Guess
if
we
don't
have
a
fund
like
a
down
payment
assistance
fund
like
we
have
a
Housing,
Trust
Fund,
then
allocating
it
can't
happen.
I
mean.
A
Are
we
essentially
saying
we're
not
going
to
do
any
down
payment
or
that
we
might
allow
down
payment
out
of
the
Housing
Trust
Fund
later
I
would
love
any
tax
input
on
that?
I
guess
is
what
I'm
saying
okay,
because
I
think
it
was.
You
know
a
very
desired
program
and
certainly
a
needed
program,
but
we
weren't
able
to
plug
it
in
after
the
RFP
and
proposals
didn't
come
back
that
aligned
with
it
so
I
know
there
were
some
hiccups
but
I'm
not
sure
that
we
wanted
to
go
away
councilwoman
any
thoughts.
G
I
had
a
recent
conversation
with
a
group
of
local
black
Developers
wow
and
some
who
have
already
started
some
projects
here
and
some
who
are
looking
to
the
game
projects
here,
but
they
were
proposing
that
we
look
at
a
site
Readiness
program
where
the
city
would
invest
in
a
lot
of
that
pre-work
helping
through
planning
zoning
surveys,
title
work,
Environmental
Studies,
soil
analysis.
All
of
that.
A
That's
often
the
risky
part
what
you're
putting
up
to
find
out
if
the
property's,
even
in
a
viable,
build,
sometimes
so
that'd
be
interesting.
I,
like
the
I,
haven't
heard
of
such
an
idea,
but
it
makes
sense
and
then
I
know
that
would
help
align
with
getting
funding,
because
some
like
I,
hear
Dogwood
Health
Trust
say
this
often
you
know
we
really
want
to
fund
shovel
ready
projects
so
getting
to
that
place.
Might.
G
Be
needed
so
there
is
a
program
in
West
Virginia,
but
I
think
they
use
it
more
on
the
economic
development
side,
when
trying
to
attract
industry.
Three,
like
it's
more
of
a
on
a
commercial
side
of
things,
but
I
was
thinking
that
if
we
can
look
at
their
certified
site
and
development
and
Readiness
program
and
kind
of
convert
that
to
for
affordable
housing,
then
that
might
be
a
good,
a
good
model
to
look
at.
G
Were
really
talking
about
city-owned
property,
especially
the
properties
that
were
in
that's,
been
put
aside
for
reparations,
but
I
I
think
we
can
kind
of
look
at
it
overall
and
see
how
we
can
advance
affordable
housing.
C
And
I
did
you
know?
I
I
also
had
a
similar,
not
exactly
as
well-formed
thought
as
all
that,
but
I
did
start.
Last
week,
I
did
a
little
bit
of
research
about
pre-development
like
are
there
housing
trust
funds
around
that
are
funding
pre-development
activities?
I
did
find
one
in
the
city
of
Alexandria
Virginia
I
didn't.
C
Basically
it
says
you
know.
If
you
go
forward
with
the
site,
it's
I
forget
how
if
the
site
doesn't
work
out,
it's
just
forgiven,
so
it's
kind
of
like
you
have
to
it's
almost
like
you
accept
that
you're
losing
that
money.
A
C
A
A
A
Any
other
thoughts
comments
things
we
would
like
ahac
to
specifically
review.
Maybe
we
could
ask
him
to
talk
about
this
million
dollar
versus
the
cap
level
like
because
when
I
see
us
repeatedly
going
over
our
cap,
then
it
suggests
that
the
policy
isn't
appropriate
right.
So
we
either
need
to
change
the
cap
or
decide
to
stick
to
it
or
something,
but
maybe
a
hat
could
give
us
some
feedback
on
that.
C
Katie
I
don't
know
if
I
have
any
more
slides,
I
think
it
may
just
be
the
yeah
key
takeaways
again
and
then
just
yeah
comments
and
questions.
So
that's
all
I
have
for.
A
This
morning
that
cute
takeaway
slide,
can
you
go
back
for
a
second,
the
one
up
yeah,
so
those
are
some
good
numbers,
I
mean
magically
600
units
even
and
32
Acres
I.
Don't
think
I've
seen
the
amassed
Acres
like
that
and
that's
a
big
number,
that's
good.
It
comes
down
to
around
33
000
a
unit
when
you
right,
five
over
600
yeah,
so.
A
Right,
thank
you
for
pulling
that
together
any
other
questions
for
Sasha
or
city
staff
or
any
comments
or
thoughts.
Okay,
we
have
the
timeline.
So
if
anything
comes
up,
you
want
to
hack
to
discuss.
Maybe
we
can
speak
to
the
liaison
or
send
to
the
staff.
A
Thank
you
and
that
will
bring
us
to
a
close
on
item
number
two
on
our
agenda
and
it
sounds
like
we'll
be
back
next
meeting
to
discuss
formally
so
item
number
three
is
a
Housing
Trust
fund
request
for
Laurelwood
apartments
at
650,
Caribou
Road
and
our
new
team
member
Kevin
Lin
is
going
to
present
for
us.
Welcome
Kevin.
D
Today,
we'll
be
considering
a
request
from
Volunteers
of
America
for
their
Laurelwood
Apartments
project
at
16,
650
by
Caribou
Road
in
their
Shiloh
neighborhood
for
our
housing
fund,
Housing
Trust
fund
request
of
one
million
five
hundred
thousand
dollars
next.
B
D
D
So
all
Volunteers
of
America
is
doing
a
project
that
combines
both
Rehabilitation
of
55,
I'm,
sorry
51
existing
units
and
the
construction
of
54
new
units
for
a
total
of
104
units,
which
includes
a
property
managing
management
unit.
D
The
mix
of
vencoms
and
income
affordability
range
from
80
of
the
intermediate
income,
all
the
way
down
to
40
of
the
area
median
income
with
a
project
average
rent
affordable
to
approximately
60
percent
of
the
internet
meeting
income.
The
developer
has
engaged
with
the
shyler
neighborhood
and
has
we
see
some
worth
worth?
Some
feedback
in
terms
of
the
built
design
of
the
project
and
the
money
that's
being
requested
today
will
allow
the
project
to
a
better
fit
the
neighborhood,
as
requested
by
the
shallow
neighborhood
residents.
D
The
staff
is
recommending
approval
by
hcd
and
seeks
Committee
Action
next
slide.
Please,
as
I
stated
earlier,
the
Laurelwood
Apartment
project
will
build
54
new,
affordable
rental
apartments
and
rent
a
bank
51
existing
units
in
the
shallow
neighborhood.
The
site
comprises
approximately
15
Acres,
which
allows
for
the
additional
units
to
be
built.
The
units
within
the
total
project
be
a
mix
of
one
or
two
bedrooms.
D
All
of
the
units
within
the
project
will
be
affordable,
as
I
stated
earlier,
the
average
rent
will
be
would
be
affordable
to
households
at
60
of
the
area
median
income,
but
the
ranges
of
rents
will
be
affordable
from
40
percent
of
area
median
income
up
to
80
of
every
meeting
income.
Next
slide,
please.
D
For
Wood
Apartments
currently
provides
housing
for
seniors
age,
62
and
older,
but
after
project
completion,
the
population
start
will
expand
to
includes
those
age.
55
and
older
Volunteers
of
America
is
requesting
a
loan
of
one
and
a
half
million
dollars
with
two
percent
interest.
D
It
just
and
principal
payments
will
be
conferred
for
a
period
of
30
years.
The
Asheville
Housing
Trust
Fund
funds
will
be
secured,
secured
with
the
deed
of
trust
on
approximately
two
million.
Seven
hundred
thousand
dollars
in
principle
and
interest
would
be
due
at
the
maturity
of
the
loan,
and
the
affordability
period
would
be
in
perpetuity
following
the
mission
of
Volunteers
of
America,
which
is
a
successful
developer
of
affordable
housing
throughout
the
United
States,
as
well
as
the
affordable
affordability
period
required
by
the
low-income
housing
tax
credit
allocation
next
slide.
D
Please
here
is
a
proposed
unit
in
income
mix
showing
the
number
of
units
at
a
particular
Grant
and
particular
unit
size
and.
D
This
shows
the
sources
of
funding
and
going
into
the
project,
as
currently
proposed
by
the
develop
further
be
a
first
permanent
mortgage
from
Boston
capital.
D
There'll
be
a
second
mortgage
from
the
Asheville
Housing
Trust
Fund
in
the
second
position
could
be
a
third
mortgage
from
Buncombe
County
in
the
equity
position
would
be
long-term
housing,
syndication
proceeds,
which
will
also
be
provided
by
Boston
Capital,
as
currently
proposed
by
the
developer.
There'll,
be
a
seller
note
and
some
of
the
developers
being
brought
to
me.
40
of
the
total
developer
fee
will
be
deferred
by
the
developer
to
make
the
project
more
financially.
D
Actual
Housing
Trust
Fund
monies
will
comprise
about
approximately
six
and
a
half
percent
of
the
total
development
costs.
So
we
feel
this
is
a
solid
use
and
leveraging
of
actual
housing
trust
funds.
Next
slide
could.
D
So
the
project
is
renovating
50
existing
units
in
a
very
successful
Housing
Development,
that's
been
successfully
operating
in
Australian
neighborhood
for
approximately
three
decades,
maybe
a
little
longer
than
the
portability
period
will
be
in
perpetuity.
D
Under
the
current
proposal
of
one
and
a
half
million
from
the
Housing
Trust
Fund,
the
subsidy
is
approximately
28
000
per
unit,
if
we're
just
looking
at
the
new
construction
units,
but
that
subsidy
drops
down
to
Fourteen
and
a
half
thousand
dollars
per
unit
if
we're
looking
at
all
104
units
or
a
combination
of
both
their
rehabilitated
units
and
the
ones
that
will
be
newly
constructed.
D
Like
I
said
earlier,
the
city's
portion
of
the
total
development
cost
represents
approximately
six
and
a
half
percent,
which
is
a
good
leverage
of
City
dollars
and
that
low
maturity,
repentment
of
funds
will
be
approximately
2.7
million
next
slide.
Please.
D
So
if
we
look
take
our
analysis
and
apply
it
directly
to
Housing
Trust
Fund
policy,
special
terms
are
available
to
projects
where
100
of
the
units
are
for
households
added
below
64
of
Ami.
This
project
has
30
percent
of
the
units
for
those
eight
eighty
percent
of
Ami
and
the
average
income
of
presidents
of
residents
will
be
60
of
them
on
complying
with
North
Carolina
Housing
Finance
Agency
guidelines.
D
The
updated
request
from
Volunteers
of
America
is
over
the
one
million
dollar
Housing
Trust
Fund
policy
cap.
So
that's
an
exception
to
keep
in
mind
next
month.
Please
so
staff
recommends
approval
based
on
following
this
will
be
a
refurbishment
of
an
existing
51
unit,
senior
affordable
housing
development
which
currently
serves
households
at
62
years
of
age
and
older.
But
this
age
eligibility
will
expand
to
55,
plus
after
construction
from
the
project
has
operated
successfully
for
approximately
three
decades
in
the
Shiloh.
D
Neighborhood
project
will
conclude,
will
include
construction
of
54
new,
affordable
units
there'll
be
a
set
aside
of
six
new
construction
units
for
housing,
Choice
vouchers,
I'm,
sorry,
12,
new
construction
units
for
housing,
Choice
sponsor
holders
the
Asheville
Housing
Trust,
Fund
loan
will
comprise
6.6
of
total
development
costs
and
VOA
is
a
long-standing,
affordable,
housing
owner
operator
in
our
community
with
a
proven
track
record.
A
Great
first
presentation:
Kevin.
Thank
you.
I
have
a
couple
questions.
First,
let
me
Kudos:
can
we
go
back
up
a
few
slides
to
the
sources
sheet?
A
I
see
Kevin's
impact
already,
because
we
don't
normally
look
at
it
like
this,
and
this
is
great
I
think
this
percentage
of
total
cost
is
great.
Seeing
the
entire
sources
stack
is
great
and
it
helps
understand
why
the
deferment
is
so
important
here,
because
you
can
see
the
level
of
financing
and
they're
using
it
like
Equity
essentially.
So
this
is
a
really
helpful
spot
and
I
appreciate
you
presenting
it
in
this
way.
I
just
wanted
to
mention
that
so
I
guess
I'm
just
kind
of
blanking
on
this
I.
A
C
It
is
you
know
it's
it
does
you
know
it
kind
of
talks
to
the
condition
of
the
units?
It's
a
so
you
know,
there's
you
could
have
a
narrow
or
a
wider
reading
of
that
I
think
you
know,
I
think
the
dollars
really
making
possible
the
new
units
is
to
me
the
most
important,
but
it
also
does
extend
Kevin.
You
know
pointed
out
the
other
day.
You
know
it.
It
really
does
extend
the
whole
life
of
those
existing
units
and
in
a
way
you
could,
you
know
Chapel
Hill
measures.
A
I
really
like
it
I
mentioned
it
because
I'm
not
I,
couldn't
remember
if
it's
in
there
and
if
it's
not,
we
probably
want
something
in
there.
That
speaks
to
that,
because
it
because
preservation
is
becoming
just
as
important,
it
seems
like,
and
then
you
you
did
correct
it
to
12
vouchers.
Accepted.
Did
I
hear
that
correctly,
not
six.
D
A
Great-
and
you
know
some
of
this
makes
me
think
like
I,
like
that,
this
one
has
interest.
Some
have
been
coming
with
zero
interest
and
we're
seeing
more
and
more
deferment
requests,
but
at
some
point
we're
probably
going
to
want
to
look
at
the
Timeline
like
30
years
out
like
when
this
money
comes
back
in
like
I.
A
Don't
know
that
we're
projecting
that
right,
because
when
you
get
2.7
million
dollars
back
into
a
fund
in
30
years,
I
mean
that's
a
big
number
I,
don't
know
if
we're
tracking
out
that
far,
maybe
you
guys
are,
but
we
might
want
to
start.
If
not,
but
thank
you.
Kevin
I
just
really
appreciate
your
first
presentation.
Great
job
and
I
appreciate
it
as
women.
Any
other
questions
or
thoughts.
C
Let's
see
Mr
Turner
I
know
that
the
Volunteers
of
America
folks
are
here
and
they
did
have
some
slides.
Okay,
I,
don't
know
there
weren't
too
many
okay.
C
Noemi
sorry
Kevin
I'm,
jumping
in
here
but
Noemi
well,
where'd
you
go
I.
H
You
so
much
for
having
us
so
I
just
have
a
short,
slides,
I
wanted
to
show
you
really
the
site
plan
and
elevations.
So
you
get
a
good
idea
of
what
we're
trying
to
accomplish
at
the
site.
So
next
slide
please.
H
So
our
vision
is
really
to
deliver
high
quality
developments
for
seniors
that
brings
affordable
housing,
residential
amenities
and
Community
Health
Services
for
the
residents
of
Asheville
the
picture
there
is
the
existing
building,
that's
a
great
picture,
but
it
is
aging,
so
we
are
going
to
be
renovating
it
next
slide.
Please
again,
just
in
context
the
site
North
is
up
to
the
West
is
Hendersonville
Road
to
the
right
is
a
sweetened,
Creek,
Road
and
then
I
140
is
towards
the
top
North
next
slide.
H
Please
it
is
14.3
Acres
in
the
Shiloh
Community,
the
existing
building,
as
Kevin
mentioned,
has
50
one
bedroom
units
plus
a
non-rental
two-bedroom
unit.
All
of
them
will
be
rehabilitated.
It
is
an
aging
building,
we're
going
to
be
renovating,
putting
in
new
windows
a
new
roof,
replacing
gutters
and
downspouts,
and
then
the
interior
we're
going
to
be
upgrading
it
to
be
more
energy,
efficient,
insulating
the
fire,
sprinklers
repainting,
the
entire
common
areas
and
units
adding
the
flooring
new
kitchen
countertops
Etc.
H
So
it
is
an
extensive
renovation
and
preserving
that
building
for
a
longer
term
use.
Then
the
new
building
Laurelwood
two.
We
did
originally
propose
it
along
Caribou
road
to
the
west
of
the
site,
and
that
was
because
this
is
a
site
that
slopes
towards
the
east.
So
there's
a
big
difference
in
the
topography,
but
after
engaging
the
Shiloh
Community,
they
really
requested
that
we
move
away
from
Caribou
Road.
It
is
a
narrow
road
and
they
felt
that
a
three-story
building
would
be
a
little
bit
too
imposing.
H
So
we
took
those
considerations
into
account
and
moved
it
into
the
interior
of
our
site.
So
when
you're
driving
along
Caribou
road,
we
do
have
existing
trees
that
we're
going
to
be
preserving.
So
you
almost
will
not
even
see
the
building,
because
it's
tucked
away
in
the
back,
but
that
does
pose
some
challenges
for
us
and
we
will
have
to
add
retaining
walls
because
of
the
topography.
H
So
these
are
just
some
elevations
of
what
the
building
will
look
like
the
top
elevation
is
sorry.
H
H
Faces
the
other
building,
if
you
see
there's
a
little
map
at
the
center
of
the
elevations
there,
that
shows
you
which
elevation
is
which
the
middle
elevation
is
kind
of
the
end
cap
that
faces
Caribou,
Road
and
then
the
bottom
elevation
is
the
one
that
faces
Ardmore
and
that's
the
side
that
would
have
the
retaining
walls
next
slide
and
those
the
East
Wing
again.
H
E
I
believe
you
started
down
the
road
of
answering
what
my
question
was
in
the
previous
presentation.
There
was
a
blurb
about
changes
made
in
accordance
with
the
desires
of
the
neighborhood,
so
you
just
mentioned
the
elevation
on
Caribou
I
was
wondering
what,
if
any
other
requests
the
community
had
made
and
how
you
accommodated
those
requests.
H
So
the
main
concern
was
being
on
Frontage
on
the
Caribou
Road.
It
is
a
three-story
building.
We
really
could
not
keep
it
at
two-story
like
the
existing
building,
because
that
would
diminish
the
number
of
units
and
just
would
not
make
the
numbers
work.
So.
Instead
we
chose
to
put
it
into
the
interior
of
the
site.
H
It
pretty
much
gives
the
same
effect.
You
can't
really
see
the
building
from
Caribou
road.
We
again
we're
preserving
all
the
mature
trees
that
are
on
there,
and
that
seemed
to
be
something
that
the
community
agreed
would
would
be
acceptable.
A
H
A
We
do
have
a
request
to
take
action
on
this
and
make
a
recommendation
to
council.
If
anyone
would
like
to
make
a
motion.
G
G
E
A
Thank
you.
Women
I
have
only
one
comment
to
make,
which
is
again
just
to
point
out
that
we
are
going
over
our
current
cap
of
one
million
dollars
for
this
fund
policy.
So
just
to
point
out
that
we
may
want
to
consider
that
again
as
we
amend
this
policy
and
that
and
also
I
mentioned,
that
the
idea
of
tying
to
the
County's
funding
cycle
would
also
help
here,
because
I
noticed
in
that
Capital
stack
there.
A
Their
contribution
is
almost
half
of
what
we
are
and
I've
heard
from
other
councilwomen
at
the
diocese
on
Council
night
meetings
that
that
is
a
concern
to
them.
So
we
might
want
to
just
address
that
as
well
and
I.
Think
it's
not
Shoring
up
the
timeline
will
help.
Those
are
my
only
comments
and
I'm
ready
for
a
roll
call
vote.
If
no
one
else
has
any
comments
or
discussion,
I.
G
Have
a
just
a
brief
question,
a
question
for
Volunteers
of
America
I,
see
that
you
all
you
all,
also
have
housing
products
for
other
vulnerable
populations
like
people
with
disabilities,
individuals
who
have
just
returned
from
the
justice
system.
Do
you
have
any
other
projects
or
any
other
future
plans
to
provide
housing
in
this
area
for
other
demographics?.
B
Yeah,
just
to
add
to
that,
we
do
have
I
want
to
say
at
least
three
or
four
more
properties
in
Asheville,
and
one
of
them
is
this
I
think
it's
the
Lighthouse
of
Asheville
I'm,
pretty
sure
that
that
covers
a
different
population.
I
want
to
say
it's
a
special
population.
I,
don't
know
the
details
about
that,
but
that
mainly
goes
through
one
of
our
Affiliates,
which
is
a
Chesapeake
in
the
Carolinas.
B
So
there
there
they
would
cover
more
of
the
that
kind
of
market
and
we
can
always
Foster
some
sort
of
a
partnership
with
them
being
Us
in
the
national
office
and
then
being
the
affiliate.
So
we
work
with
them
in
a
lot
of
you
know,
capacities
one
being
co-developers
another
one
having
them
provide
services
to
our
residents.
B
So
we're
definitely
looking
forward
to
this,
hopefully
be
the
first
of
many
new
developments
like
I,
said
we're
open
to
doing
you
know,
meeting
different
needs
for
different
markets
so
that
that's
kind
of
our
our
goal
and
we're
looking
forward
to
keep
working
with
the
city
of
Asheville.
We
appreciate
your
help
on
this
one.
B
A
All
right
vice
mayor
Smith.
E
A
A
All
right-
and
that
concludes
item
number
three
and
all
we
have
left-
is
public
comment.
I
did
see
via
email
that
we
had
no
email.
The
public
comments,
I
guess
Katie
is
our
helper
today
Katie
do
we
have
anyone
on
the
phone.