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From YouTube: Housing & Community Development Committee
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A
A
B
C
That's
been
from
homeward
bound,
really
two
points.
One
you
know.
Organizations
like
ours
have
used
the
CDBG
funding.
Funding
is
a
long-term
source
of
revenue
to
perform
functions
largely
on
behalf
of
the
city
like
we
do
for
coordinated
entry
for
the
homeless
population,
where
we're
doing
assessment
of
people
for
all
the
agencies
in
the
community,
which
is
a
HUD
requirement.
So
if
there
are
limits
put
on
spending
or
term
limits
on
receiving
funding,
we'll
need
to
work
with
the
city
to
find
other
ways
of
including
in
betting,
those
things
in
the
city
budget.
C
C
Second
thing
is
more
from
as
a
community
member
and
a
board
member
of
many
nonprofits
I
think
when
the
city
takes
on
the
capacity-building
thing
you're,
taking
on
kind
of
an
incubator
approach
for
figuring
out
which
nonprofits
you
ought
to
be
investing
in,
and
you
really
want
to
be
doing
that
for
a
long-term
approach,
because
the
goal
is
to
grow
them
into
more
groups
like
homeward
bound
that
started
out
as
a
small.
You
know
hundred
thousand
dollar
organization
and
has
grown
into
a
five
million
dollar
organization
doing
a
lot
of
good
in
the
community.
A
D
E
E
Exactly
and
so
Phoebe
superintended
in
school
delivers
and
how
they
would
turn
the
program.
Success
as
it
pertains
to
I
would
put
a
red
reflection
in
the
classroom,
and
people
are
catching
and
are
on
grade
level
or
whatever
they
determine
that
to
be
and
implode
that
entire
process
and
say
you
know,
here's
what
your
organization
are
coming
here
at
124th
achievement
that-
and
these
are
some
of
the
outcomes
with
your
program
items
that
have
otherwise
another
another
city
areas.
You're
not
meeting.
H
A
D
E
E
A
J
K
M
L
This
is
a
very
complex
undertaking,
as
you
know,
with
a
lot
of
details
and
a
lot
of
nuance
and
I
think
our
goal
was
to
provide
education
and
I
felt
like
a
lot
of
people
really
at
the
end,
once
we
walked
into
things
most
people
I
think
understood
the
nature
of
the
task.
Everybody
seems
to
get
again,
not
surprisingly,
made
the
nature
of
the
issue
of
what
we're
trying
to
do
and
I
think
the
more
the
difficulty
of
decision.
L
N
L
And
not
surprisingly,
well,
portable
housing
is
a
big
list
and
you
want
to
solve
that
problem
as
best
you
can,
if
you
can't
just
do
it
to
the
exclusion.
You
know
these
high
impact
sites
are
part
of
the
community,
so
people
talk
a
lot
about
how
do
they
connect
to
the
community
physically,
socially,
economically,
these
are
building
community
and
through
the
community
development,
not
just.
L
I
think
we
generally
heard
in
non-unanimous
they'll
be
generally
heard,
even
though
it's
difficult
and
is
harder
to
spread
the
dollars.
This
way,
I
think
we
heard
people
over
and
over
for
the
comment
that
having
affordable
units
at
a
variety
of
levels
is
important,
hitting
that
end
and
squeaking
into
some
affordability.
C
I
I
And
yeah,
it's
a
real,
quick
refresher.
The
Biltmore
Avenue
site
is
about
a
forty
nine
million
dollar
project
that
would
provide
three
hundred
ninety
units
in
12,000
feet
of
commercial
space.
When
it's
not
about
the
commercial
space.
We
had
a
couple
of
questions
the
last
time.
There's
a
commercial
space
contribute
to
the
economics
of
the
project.
Is
it
good
to
have
more
or
less,
and
we
made
an
effort
to
address
that
these
show
the
metrics
these
three
scenarios
that
we
modeled
were
broad
and
that
they
cross
number
of
incoming
freshman
lows.
I
They
were
fairly
large
in
terms
of
the
percentage
of
the
units
that
were
affordable.
The
average
spread
out
over
three
hundred
nine
units,
the
average
rent
we
tested
was
about
785
a
month
and
each
of
these
there's
kind
of
a
broad,
broad
average,
and
we
the
scenario
model.
We
found
that
the
subsidy
cost
per
affordable
unit
ranged
from
a
low
of
57
thousand
five
hundred
dollars
per
unit,
provide
183.
K
I
I
So
we
find
useful,
as
part
of
this
exercise,
to
focus
on
two
specific
price
points.
The
eight
percent
of
median
in
the
sixty
percent
I
mean
just
to
show
you
the
difference
between
between
that
policy.
Those
two
policies
we
can
just
go
through
the
other
sites.
Real
quick
phase,
one
of
Charlotte
Street,
was
31
million
dollars
of
the
three
we
broke,
Charlotte
Street
into
two
phases:
no
more
Abbot.
It
was
one
phase.
I
Of
reasons
mostly
parking
costs
and
other
site
attributes,
so
this
is
the
most
expensive
square,
foot,
probably
the
most
difficult
to
provide
affordable
units
and
go
to
the
next
one
and
then
the
second
phase
three
has
the
most
development
potential
in
terms
of
total
units
369
units,
it
also
quite
a
bit
of
commercial
space,
those
3,000
square
feet.
We
use
the
same
unit
mix
for
each
of
the
three
sites.
Ultimately,
that
may
not
be
a
good
idea.
Ultimately,
one
of
these
may
have
a
different
unit
mix
in
terms
of
average
unit
sizes.
I
You
know,
actually
you
could
do
an
ownership
scenario
on
one
of
those
buildings.
These
are
things
that
can
be
decided
over
time
and
the
second
phase
is
a
Charlotte.
Street
would
be
62
like
2
million
about
$190
a
square
foot
in
today's
dollars.
This
space
would
not
happen.
This
would
probably
the
last
phase
to
happen
so
193
dollars,
a
square
foot
24
to
36
to
40
months
from
now,
is
going
to
be
different
and
again
shows
you
applying
the
same
scenarios
about
70
to
80,000
per
affordable
unit
go
to
the
next.
I
Going
from
the
80%
of
80,
pounds
is
60%
of
ami:
what's
the
additional
cost?
What's
the
Delta
between
those
two
options,
and
then
there
is
what's
the
impact
of
the
law
of
affordable
rent
increase
with
inflation
as
opposed
to
being
fixed
or
either
a
specific
inflationary
cap
or
held
at
zero
growth
over
time?
I
But
it's
important
to
understand
what
the
resale
value
of
the
project
would
be
and,
as
a
market
rate
football
event
held
for
five
years,
based
on
the
market
rents,
we
projected
it
would
have
a
net
value
of
about
one
hundred
ninety-four
thousand
here,
there's
a
market
rate,
so
the
area
was
on
the
right-hand
column.
What
it
does
is
by
requiring
20%
of
the
units
the
affordable
that
sixty
units
and
reduces
here
then
on
the
income
by
about
five
percent.
It
is
still
close.
That's
a
good
thing.
I
Can
see
the
difference
and
reversion
value
per
unit
average
over
all
three
hundred
nine
years,
it's
about
30,000
units
concentrated
on
the
important
it
reduces
the
value
of
each
unit
by
about
sixty
seven
thousand
dollars
so
again,
applying
back
in
hesitant
active
about
1.5
million
total
value
for
the
project.
We
didn't
cost
the
subsidy
required
to
make
the
developer.
I
I
I
Well
he'd
leave
his
finger
stabilized
here,
income
and
which
is
about
a
five
twenty
three
minute:
that's
income,
the
project
generates
including
the
residential,
including
the
commercial
space.
We
just
look
at
the
components
of
that
in
terms
of
the
overall
size
of
the
project
and
of
that
about
five
million
comes
from
residential,
mostly
ranks
240,000
comes
from
commercial
leases
and
is
not
a
lot
of
space.
I
I
Whereas
a
person
space
is
$18,
so
it
contributes
positively
right
assuming
two
key
things,
so
maybe
you
could
lease
it
at
these
friends
and
be
that
the
construction
cost
of
the
commercial
space
is
reasonably
close
to
the
residential
and
our
experience
and
other
properties.
That's
typically
the
case.
I
I
I
E
I
L
L
All
of
this
analysis,
the
study
is
really
good
for
you
all
to
be
able
to
evaluate
development
proposals,
but
we
have
to
be
very
careful
probably
on
how
much
description
you
put
into
it.
There
are
other
ways
to
places
my
area
mentioned
are
holders.
There
may
be
more
favorable
ways
in
a
little
more
leverage
to
dollars.
We
don't
want
to
cut
off
that.
I
have.
L
L
Every
number
in
there
all
detail
is
very
complex.
So
one
of
the
talking
points
for
us
here
is
it's
hard.
That's
why
there's
experts
like
area
to
do
this?
We're
hopeful
that
his
level
of
really
deep?
That
gives
you
all
confidence
in
what's
happening
behind
the
scenes,
but
it
could
be
very
complex
and
hard
to
explain
out
simply
so.
Hopefully
that
of
these
give
you
some
confidence
that
we
don't
really
go
back,
how
we
use
these,
we
would
use
any
kind
of
wire
art
as
ways
to
help
convey
some
of
this
meaning.
L
L
L
L
L
It
was
a
pretty
deep
level
of
affordability,
but
almost
all
the
project-
I'm,
not
sure
that's
it
makes
sense
called
the
policy
standpoint.
So
that's
know
and
then
the
other
way
to
look
at
it
is
some
of
those
ones:
icon,
South
Charlotte,
Street,
a
relatively
low
gross
amount
you're
having
to
move
into
the
project
compared
to
the
others,
but
on
a
per
unit
basis,
that's
hot.
So
it's.
L
L
L
L
On
one
side,
you
won't
land,
which
you
don't
have
no
horns,
where's
that
consideration,
however,
I
feel
like
information.
How
easy
is
it
to
move
those
facilities
on?
What
are
those
costs?
Are
those
costs
that
you
couldn't
have
to
spend
regardless,
in
other
words,
to
relocate
some
of
those
services
that
are
something
you're
going
to
the
a
no
matter?
What
so
don't
consider
that
for
housing
money
or
you
have
to
spend
the
money
to
move
in?
You
would
only
do
that
because
of
this,
so
there's
an
analysis
and
study
and.
L
L
F
L
L
L
L
L
K
G
G
G
Confirm
this,
if
you
see
it
as
as
as
a
Performa
I
think
the
difference
is,
is
that
those
market
rates
are
market-based.
Generally,
our
orderable
rates.
We
will
quickly
if
there
was
an
annual
escalator
that
the
developer
that
they
can
include
in
place
fairly
soon
within
a
you
know,
on
your
fingers
number
of
years.
I
E
And
this
sort
of
decision
should
be
elevated
for
counseling,
not
like
having
such
an
order.
Conversation
should
take
place
on
a
larger
scale,
sort
of
recommendation
at
this
point,
I'm
giving
you
on
council
calendar
and
making
sure,
though,
council
members
have
access
to
the
information
where
they
trust
me.
They
have
a
very
robust
conversation
on
what
they
want
to
do,
and
you
know
we're
kind
of
heads
up
on
everything
to
get
it
first,
but
I
just
suggest
if
I'm
not
comfortable
having
this
sort
of
conversation
in
this
room.
G
J
P
P
But
I
guess
my
question
is:
why
isn't
it
that
transit
oriented
development
wasn't
thought
of
people
always
talk
about
a
parking
decks,
but
we're
trying
to
get
away
from
cars
and
I
just
see
you
see
that
it's
something
that
we
need
to
take
a
look
at,
because
there's
a
lot
of
commercial
opportunities
in
transit
oriented
development.
Even
we
could
take
a
little
more
if
that
space
want.
Whatever
is
then
we
think
about
an
innovation
vision.
As
we
hear
south
shore.
P
A
Q
B
B
Those
are
harm
reduction
programs,
they're
working
with
children,
who
are
already
systemic
Lee,
placed
at
major
disadvantages
and
they're
working
to
provide
them
with
additional
supports
and
services
in
order
to
help
them,
hopefully
overcome
these
incredible
barriers
that
are
placed
all
throughout
their
lives.
In
other
ways,
harm
reduction
strategies
do
not
solve
the
problem.
They
are
not
addressing
the
root
causes
they're
extremely
important.
We
have
to
pull
the
babies
out
of
the
river.
B
We
don't
want
to
let
them
drain
them,
but
we
also
need
to
find
out
why
those
babies
are
being
thrown
in
the
river
in
the
first
place
right,
you
have
to
do
both
so
I.
Just
want
to
be
really
I
want,
I,
want
to
think
a
little
bit
or
encourage
us
all
to
think
a
little
bit
about
the
achievement
gap,
because
that
is
a
canary
in
the
coal
mine.
How
our
children
are
thriving
or
not
thriving
is
indicating
how
our
people
are
thriving
or
not
thriving
how
families
are
thriving
or
not.
B
Driving
and
honestly,
if
Asheville
has
the
worst
achievement
gap
in
the
state
of
North,
Carolina
Asheville
is
failing
its
black
residents,
families
and
children.
So
I
want
us
to
think
about
what
are
the
policies?
What
are
the
school
policies?
Yes,
but
what
are
the
policing
policies?
What
are
the
effects
from
previous
policies
of
this
city
of
urban
renewal?
What
are
those
effects
we're
doing
so
much
in
the
realm
of
affordable
housing
and
we're
doing
a
lot
of
this
really
good
work?
B
But
I
really
encourage
us
to
take
a
step
back
and
look
at
the
totality
of
that
pie
of
how
people
are
being
affected,
and
where
are
the
policies
that
can
be
changed
and
not
just
thinking
exclusively
and
I'm,
not
implying
that
you
all
are,
but
just
to
say
not
thinking
exclusively
that
achievement
gap.
Programs
are
gonna
actually
fix
the
issue,
because
it's
a
much
much
bigger
issue
than
that.