►
Description
Affordable Housing Committee Meeting for March 1, 2022. To view the meetings live, participate in Public Comment, or learn more about the goals and activities of the Affordable Housing Committee Meeting, visit https://engage.buncombecounty.org/O0632
A
B
B
B
So
I
think
the
first
item
we
need
to
do
is
to
take
care
of
his
approval
of
the
february
1st
and
15th
minutes.
B
How
do
you
vote
on
that
motion?
I
I
also
vote.
I
guess
every
time
never
gets
old
all
right,
so
we
now
come
to
new
business
and
we're
going
to
the
first
item.
I
think
we're
going
to
take
up
is
our
matt's
going
to
walk
us
through
our
process
for
reviewing
our
affordable
housing
services
program
applications.
C
All
right
so
as
a
as
a
reminder
for
the
committee
and
for
those
who
aren't
aware
of
the
process
fully
the
affordable
housing
services
program.
Applications
were
due
on
the
11th
of
february,
at
the
close
of
business.
On
that
we
did
receive
12
total
complete
applications,
though
some
were
missing
some
documents
and
we'll
touch
a
little
bit
on
that.
C
In
order
to
provide
this
committee
with
a
summary
report,
we
are
still
in
process
of
preparing
a
summary
report
for
each
application,
but
we
want
to
provide
an
overview
of
kind
of
what
we've
seen
in
the
projects
that
we've
received
thus
far
to
give
you
a
primer
on
the
applications
that
we've
received
additionally
this
year,
which
is
different
perhaps
than
past
cycles.
We
are,
though
they
are
large
applications
in
some
cases
providing
printed
copies
to
each
of
the
committee
members,
so
that
you
can
fully
and
in
depth
review
the
entire
packet
for
each
applicant.
C
Those
are
in
process
and
should
be
to
you,
either
later
today
or
tomorrow,
so
that
you
have
those
as
a
reference
point,
to
begin
your
kind
of
independent
analysis
of
the
various
projects,
and
we
will
also
be
making
a
copy
available
at
the
planning
department.
C
So
if
anyone
wants
to
come
and
view
the
applications
we'll
have
that
readily
available
for
anyone
who
would
like
to
see
that
we'll
also
be
moving
to
a
platform,
hopefully
where
they
can
do
that
electronically
as
well,
so
that
that
we're
being
transparent
about
all
the
applications
that
we
receive.
C
As
I
mentioned,
we
did
receive
12
different
applications.
We
received
five
new
construction
for
multi-family
residential
development
constructions
for
rent
two
applications
for
down
payment
assistance.
D
C
C
The
impact
cumulatively
to
households
and
units,
if
all
were
funded
fully,
would
be
around
781
units
or
households,
depending
on
which
particular
program
that
we
are.
C
From
the
first
group-
and
we
put
these
in
order
I'll
go
back
a
little
bit
in
order
of
priority
listed
in
the
program
guidelines
which
fairly
closely
aligned
to
the
recent
discussion
of
your
goals
and
strategies
to
kind
of
move
that
forward.
C
C
C
C
This
recipient
has
received
a
four
hundred
thousand
dollar
asheville
regional
housing
consortium
home
grant
loan
as
well
and
have
proposed
a
deferred
developer
fee.
In
order
to
make
this
project
feasible
would.
C
It's
a
home
loan,
I'm
sorry,
so
that
is
a
repayable
loan
with
soft
financing
similar
to
our
principal
balloon,
deferred
interest,
payment
structure.
C
A
fair
haven
summit
is
in
the
city
limits
of
asheville.
I
don't
have
the
exact
address
with
me.
C
The
other
thing
about
this
project-
it
is
within
the
city,
but
the
city
itself
has
not
provided
any
funding
support
for
this
project,
so
it's
possible
that
funding
could
be
requested
through
them
and
at
the
staff
level.
We've
alerted
them
that
they
are
seeking
some
additional
funding
support
and
they
may
be
seeking
that
from
the
city
as
well.
Depending
on
that.
C
C
And
there
are
specifics,
I
will
say
in
each
of
these
cases
that
they
are
requesting
in
terms
of
loan
terms.
But
again
it's
a
deeper
conversation
and
we'll
detail
that
more
in
the
staff
report
when
it's
finalized
for
you.
C
The
second
project,
which
is
brought
to
us
by
ldg
multi-family
llc,
is
known
as
the
montitello
family
construction
loan
it's
for
properly
located
off
of
monticello
road,
so
outside
of
the
town
of
weaver,
wheels
jurisdiction.
Currently
they
have
indicated
an
intention
to
request
annexation
as
part
of
this
project.
So
it's
currently.
C
C
C
Again,
the
target
here
is
less
than
80
ami.
There
will
be
some
units
at
that
level,
but
there
are
also
units
which
will
be
prescribed
at
the
60
and
30
ami
level.
Within
that
project,
the
average
cost
per
unit
is
just
over
250
000
and
it
would
include
a
mixture
of
one
two
and
three
bedroom
units
this
project.
While
it
is
a
four
percent
low
income,
housing
tax
credit
project
has
not
yet
been
awarded,
so
they're
gonna
be
seeking
that
award
in
this
cycle.
So
there
should
be
information
about
that.
In
august.
C
C
Million
dollar
deferred
fee,
which
is
about
48
of
their
total
fee
40
or
48
48..
C
B
B
He
didn't
mention
that
they
had
solicited
any
support,
and
I
don't
know
that
the
town
of
weaver
bill
has
like
any
funds
set
aside
for
investments
in
housing,
but
they
did
seem
to
be
aware
of
it
and
had
a
favorable
view.
C
C
They
are
not
slated
to
begin
construction
within
our
specified
time
frame
or
to
make
that
initial
draw,
partly
because
of
putting
together
that
financing
based
on
the
august
time
frame
and
their
purchase
agreement
and
the.
D
C
Of
loan
structure
they're
proposing
so
there
would
need
to
be
an
exception.
You
know
at
the
committee
level
for
allowing
funding
of
this
project,
given
that
it
won't
break
ground
or
draw
funds
kind
of
in
the
prescribed
time
frame
and
as
a
reminder,
those
time
frames
are
there
in
order
that
you're
not
committing
funds.
That
then,
are
not
moving
effectively.
So
that
would
be
part
of
that
discussion
on
this
project.
B
And
matt,
based
on
what
we
understand
at
this
point,
is,
is
the
developer,
expressing
that
this
is
the
funds
are
requested
from
the
county?
Is
the
anticipated
gap
funding
needed
for
the
project?
Are
there
any
other?
You
know
funds
needed.
C
That
is
what
we
understand:
the
gap
to
be
they've
shown
a
complete
source
of
budgeted
revenues.
A
lot
of
their
proposal
includes
a
significant
permanent
loan
amount
about
23
million
dollars.
If
that
is
a
permanent
loan,
we
did
not
receive
a
full
pro
forma.
So
that
is
part
of
why
we
were
not
able
to
complete
our
staff
summary
report,
so
we're
going
to
be
requesting
a
full
and
more
detailed
performance
to
better
analyze
the
overall
project
and
understand
those
those
revenues
and
that
structure.
D
C
Then
we
have
mountain
housing
opportunities.
This
is
a
request
for
what
they're,
referring
to
as
phase
one
of
a
d
review
redevelopment
project.
The
request
is
a
1.2
million
dollar
loan
to
support
82
new
units
to
be
constructed.
So
if
you're
familiar
with
the
deaverville
diver
view
existing
site,
the
proposal
here
is
to
actually
build
new
units
on
vacant
portions
of
the
property,
so
it
doesn't
engage
or
involve
the
existing
structures
that
are
on
that
site.
So
these
would
be
four
82
new
units.
C
This
proposal
is
funded
with
nine
percent
low
income,
housing
tax
credit
projects
that
they
will
be
requesting
is
our
understanding.
We
don't
believe
they
have
that
as
an
award
at
this
time,
but
we'll
verify
the
status
of
all
of
their
revenue
sources
as
we
move
forward.
C
The
request
is
just
under
fifteen
thousand
dollars
per
unit
in
loan.
It
would
create
a
leverage
ratio
of
about
12.71
additional
dollars
outside
of
the
dollar
invested
by
the
county.
I
will
say-
and
I
don't
have
those
specifics
in
front
of
me-
there
are
a
number
of
other
local
funding
sources
in
this
one.
So
it's
not
necessarily
pulling
a
great
deal
of
external
revenue,
but
we'll
provide
you
the
details
about
what
all
of
those
various
revenue
sources
are.
C
A
C
Again.
The
ami
target
here
is
less
than
80,
so
it's
compliant.
They
are
proposing
units
at
60
and
below
50
below
and
30
and
below,
as
well
as
a
mixture
of
one
two
three
and
four
bedroom
units.
The
average
cost
per
unit
in
this
case
is
just
over
two
hundred
thousand
dollars.
There
aren't
site
acquisition
costs
in
this
case
because
the
property's
already
held.
So
that's
part
of
why
they're
achieving
that
lower
estimated
cost
for
this
particular
project.
C
Again
they've
requested
varying
terms
from
what's
offered
in
the
programming
guidance,
but
we
will
review
those
in
detail
as
we
move
the
project
forward
through
the
process.
C
All
right,
we
have
a
second
application
from
mountain
housing
opportunities.
This
application
is
a
project
that
you're
very
familiar
with.
At
this
point.
It
came
through
our
cycle
last
year,
it's
the
lakeshore
villas
construction
loan
project,
our
construction
loan
request
for
the
lakeshore
village
project.
C
C
The
average
cost
at
this
point
with
the
new
performance
we've
been
provided,
is
just
over
two
hundred
thousand
at
two
hundred
four
four
eighteen
and
these
again
have
a
unit
mix
at
60,
ami
and
40
ami
as
well.
So
again,
that's
the
project
that
you're
familiar
with
at
this
point.
C
And
then
the
final
request
in
this
category
is
again
a
project
that
you're
familiar
with,
but
procedurally
we
thought
at
the
staff
level
and
encourage
this
applicant
to
request
funding
through
this
cycle.
So
the
volunteers
of
america
have
an
existing
fy,
22,
affordable
housing
services
program
award
in
the
amount
of
800
000
to
support
this
same
project.
C
But
procedurally,
under
that
program
guidance
we
had
a
little
less
flexibility
in
loan
terms
and
other
categories
which
the
committee
as
a
result
of
that
process
revised
in
the
23
cycle,
and
so
we
encouraged
volunteers
of
america
to
submit
a
new
application
such
that,
in
the
event
that
they
aren't
able
to
move
to
construction
and
their
existing
allocation
and
award
would
be
re-available
that
we
could
allocate
it
through
the
23
process.
So
essentially,
if
you
continue
to
desire
to
support
that
project,
it
gives
you
the
capacity
to
do
it
under
this
program
guidance.
C
It
makes
it
a
little
easier
to
complete
their
contractual
obligations.
If
that
makes.
C
So
we
would
detail
for
you
their
updated
performer
every
day.
Your
project
is
there,
you
have
a
new
set
of
financials,
so
we
would
want
to
be
transparent
and
detail
that
the
request
level
is
the
same.
They
faced
some
difficulties
through
the
north
carolina
housing
finance
agency,
because
this
is
a
partial
rehab
and
a
new
construction
project
and
how
to
structure
that
financing
and
that's
what's
actually
created
the
delays
so
they're
a
little
concerned.
C
B
C
C
That
everything
will
be
in
line
by
may,
but
they're
a
concern
that
they
won't
actually
be
able
to
physically
break
ground,
which
is
how
they
can
begin
making
a
draw
with
us
in
july.
So
it's
just
behind
kind
of
the
the
curve
is
what
they're,
anticipating
but
again
wanted
to
provide
them,
and
the
committee
with
options
as
to
how
to
address
that
request.
C
So
that
is
the
summary
of
probably
you
know
your
most
significant
asks
and
we
went
through
them
quickly.
There
is
a
lot
of
detail
when
it
comes
to
these
projects.
C
The
next
category
down
payment
assistance,
loan
requests.
We
have
two
requests
this
year.
The
first
is
from
asheville
area
habitat
for
humanity,
and
these
are
what
what
they're
requesting
is
a
construction
to
down
payment
assistance
loans.
So
in
that
structure
they
will
request
funding
at
the
time
they
construct
infrastructure
and
other
improvements,
and
then
those
would
transfer
to
the
individual
property
owners
as
those
homes
are
sold
and
transferred
to
those
owners.
So
they
would
be
assumed.
D
C
To
support
46
homes
to
be
constructed
at
an
average
of
43
000
per
unit.
This
request
does
exceed
the
cap
of
what's
allowed
based
on
the
per
unit
cost.
So
that
would
be
an
exception
to
consider
and
discuss
in
terms
of,
if
there's
a
desire
to
allocate
the
funds.
C
The
cap
for
down
payment
assistance
is
ten
percent
of
the
cost
per
unit,
and
so
in
this
project
proposal
that
would
be
roughly
twenty,
seven
thousand
nine
hundred
and
forty
one
to
forty
two
dollars
somewhere
in
that
category.
C
So
it
exceeds
that
amount
by
about
sixteen
thousand
dollars
per
unit
again,
that
would
create
a
gap
that
our
understanding
at
this
initial
kind
of
stage
would
have
to
be
filled
some
other
way.
You
know
if
the
funding
wasn't
available
through
this
particular
meeting,
so
we
would
need
to
get
a
better
understanding
of
how
that
impacts
the
project
overall,
but
these
are
one
two
three
and
four
bedroom
units
and-
and
I
know
that
this
committee,
as
members
of
the
board,
are
aware
of
the
other
arpa
funding
award
for
this
project.
C
So
those
are
for
the
14
other
units
which
are
part
of
this
space.
It's
a
60
unit,
phase
14
of
the
units.
They
requested
infrastructure
funding,
support
through
arpa,
and
this
is
the
balance
of
those
units
that
would
be
requesting
funding,
support.
B
E
B
Loan,
so
is
this
one
of
those
that
would
be
recycled
back
to
the
county,
pretty
quickly
or
kind
of
stay
embedded
in
the
project.
C
Typically,
they
stay
embedded
in
the
project
for
the
long
term
period
and
the
way
that
those
work-
and
that's
probably
a
good
discussion
to
have
a
reminder
of
how
these
these
are
funded.
Again.
Upfront
construction
funding.
C
At
the
time
the
unit
is
sold,
the
habitat
basically
allows
the
property
owner
to
assume
the
debt
as
a
lien
on
the
property
that
we
then
hold
the
deed
of
trust
and
note
on,
and
so,
if
at
any
point
in
the
future,
that
property
owner
sells
that
home
to
a
non-income,
qualified
person
and
the
other
case
is
habitat,
refuses
to
repurchase
it.
So
they
have
the
right
first
refusal,
so
they
can
purchase
it
and
assume
that
down
payment
assistance
and
move
it
to
the
next
person.
C
C
C
The
next
request,
so
this
is
the
first
time
we've
seen
an
application
of
this
type
from
this
applicant,
but
it's
the
land
trust
I
should
learn
from
human
land
trust
they
are
seeking
down
payment
assistance,
loan,
they're,
hoping
to
utilize
this
funding
to
impact
four
homes
and
the
request
is
30
thousand
dollars
per
unit
in
down
payment
assistance.
C
And
so
while
these
will
be
down
payment
assistance
loans,
it
is
very
unlikely
that
the
funding
would
ever
return.
But
it's
because
of
the
restrictions
and
other
categories
they
put
on
the
project.
This
was
kind
of
the
avenue
they
did
seek
participation
in
our
and
our
application
processes.
They
attended
meetings
and
asked
how
what's
a
path
forward
for
us
in
terms
of
getting
this
kind
of
funding,
support
and
staff
identified
down
payment
assistance
alone,
as
kind
of
the
viable
option
for
them
in
the
existing
program.
C
So
while
it
would
be
a
loan
and
our
terms
would
make
it
repayable
deed
restrictions
and
other
factors
likely
would
mean
that
that
is
never
going
to
return
to
us,
but
it
would
be
an
investment
in
a
permanently
affordable
unit,
going
forward
again,
this
one's
a
little
unique,
we're
very
accustomed
to
the
habitat
and
the
major
model
where
they
already
have.
You
know
health
plan
and
they
know
what
they're
building
and
where
here
these
would
be,
potentially
new
construction
or
rehab
of
existing
sites
that
they
purchase.
C
C
Right
so
they
could
purchase
a
home
without
any
improvements.
They
could
purchase
a
home
and
do
upgrades
and
rehabilitation
on
that
home.
But
basically
it
would
be.
You
know
willingness
to
participate
in
up
to
ten
percent
of
that
cost.
Whatever
that
cost
is
they
build
it?
C
They
buy
one
and
resell
it
or
they
purchase
one
and
rehab
that
unit,
but
it
would
be,
you
know
up
to
ten
percent
of
that
cost
committed
as
down
payment
assistance,
and
it
helps
to
reduce
in
that
particular
model
you're,
basically
getting
market
rate
we're
providing
market
rate
units
at
a
significantly
reduced
price,
and
this
helps
to
bring
that
price
down
it's
where
they
can
get
a
secure,
lien
or
mortgage
on
the
on
the
property.
C
So
again,
a
different
model,
so
we'll
have
to
think
about
exactly
how
to
to
assist
in
allocating
that
and
monitoring
it
and
ensuring
that
we
follow
our
program
guidelines,
but
we're
already
working
with
them
to
try
to
determine
how
we
might
be
able
to
move
forward
on
that.
One.
C
C
C
So
it's
an
interesting
it's
an
interesting
model.
I
believe
their
first
two
units
are
slated
to
kind
of
transition
into
ownership
this
spring,
so
again
their
new
organization
they're,
getting
their
footing
and-
and
they
do
have
committed
funds,
so
we'll
detail
that.
B
C
In
their
project
they're
proposing
that
our
funding
would
support
four
units
and
they're
utilizing
that
funding,
along
with
the
city's
funding
and
potentially
the
home
grant
together
in
order
to
produce
as
many
units
as
possible,
but
ours
would
only
be
associated
with
four
with
four
particular
units.
At
that
point,.
B
C
So
I
think
they
are
going
to
be
utilizing
some
of
their
other
funding
projects.
I
don't
know
exactly
what
that
structure
would
be.
You
know
if
they're
selling,
a
200
000
unit
and
the
home
buyer
can
only
afford
a
hundred
thousand
dollars,
then
their
gap
is
a
hundred
thousand
dollars
right.
So
you
know
up
to
that
case
if
we're
capping
at
10
20
000
of
that
can
be
covered
with
these
funds
and
then
they're
going
to
use
their
other
grant
and
funding
sources
for
that
other
piece
of
the
gap.
C
So
again
it's
a
new
model
and
we
have
to
work
out
the
details
and
contracting
with
them,
but
they
did.
You
know,
make
a
request
that
they
felt
would
be
sufficient
to
deliver
four
units.
C
So
those
are
the
two
down
payment
assistance
requests
the
next
grouping
we
have
are
three
emergency
repair
grant
requests,
so
these
are
ones
that
you're
going
to
be
familiar
with
as
well.
C
They
are
leveraging
other
funds,
in
this
case
within
their
budget,
to
deliver
those
units.
The
target
ami
for
their
emergency
repo
repair
program
is
less
than
70
ami
and
they
are
not
in
this
case,
requesting
any
funding
for
admin.
So
these
would
be
the
actual
project.
Delivery
costs
in
terms
of
the
repairs
themselves.
C
C
This
project
should
seem
somewhat
familiar
if
you
will
recall
sema
and
they
use
a
couple
different
names,
but
collaborative
la
milpa.
Sema
received
new
start
funding
in
the
fy
21
cycle
to
provide
emergency
repairs
in
the
sourwood
mobile
home
park,
and
that
amounted
to
about
a
thousand
dollars
per
unit
in
repair
total
that
they
were
able
to
achieve.
C
This
project
is
a
little
different
than
maybe
we've
seen
before,
because
here
in
the
new
start
category,
they
were
basically
trying
to
understand
how
you
know
how
to
deliver
an
emergency
repair
program
and
to
build
that
organizational
capacity,
and
here
they're
saying
now.
We
understand
how
to
do
this
program.
We've
built
the
organizational
capacity
and
they
are
requesting
additional
funds
to
support
additional
emergency
repairs
on
the
same
units.
So
it
wouldn't
be.
C
You
know
new
units
being
impacted,
it's
the
same
units
that
still
have
repair
needs,
and
so
it
would
serve
21
households
within
that
same
sarah
wood
mobile
home
park
as
our
understanding,
but
provide
them
with
the
additional
repairs
that
remain
outstanding.
C
Of
different
categories
for
naming
this
project
right
so,
like
I
said
again
in
the
new
start,
there
was
a
limited
amount
of
funding.
It
was
to
assist
them
in
kind
of
getting
a
program
off
the
ground
to
understand
how
it
works,
and
here
they're
coming
back
to
say,
you
know
we
need
substantially
additional
repairs
on
these
projects.
We
did
some
really
emergent
things.
B
And
that,
based
on
your
review,
how
did.
A
C
So
they
have
internal
staffing,
it's
it's
similar
to
mho
in
their
model,
so
they
have
some
internal
staffing.
That's
assessing
the
need,
that's
working
and
kind
of
like
what
the
contract
scopes
will
be,
and
then
they
engage
with
a
third
party
to
do
some
of
the
repairs.
C
C
And
then
the
last
request,
which
is
again
one
that
you're
familiar
with,
is
not
in
housing
opportunities,
emergency
repair
program,
they're,
requesting
three
hundred
thousand
dollars
to
serve
33
households.
The
request
is
just
over
nine
thousand
dollars
per
unit.
C
On
average,
they
target
a
lower
ami
than
habitat,
in
this
particular
case
at
less
than
or
equal
to
50
ami,
and
they
do
include
some
administrative
costs
and
their
requests
as
well,
which
is
a
bit
allowed
and
permitted
in
the
program,
but
they
just
have
a
different
means
of
structuring
their
overall
program
so
that
they
do
charge
admin
within
this
category.
C
Those
are
the
three
emergency
repair
program
requests.
I
will
say
that
one
of
the
considerations
and
staff
will
highlight
for
you
so
that
you're
aware
when
you
get
our
summary
staff
reports
is
where
they
are
in
their
existing
awards
in
terms
of
expenditures.
So
if
you
recall,
we
provided
the
update,
they
both
habitat
and
mho,
have
just
closed
their
2021
program
award,
so
they're
just
beginning
to
draw
down
the
22
program
awards
kind
of
at
mid-year
of
mid-fiscal
year.
C
So
there
might
be
consideration
in
terms
of
what's
that.
Existing
balance,
how
many
units
do
you
anticipate
being
able
to
deliver,
as
well
as
what
the
wait
list
looks
like
in
terms
of
assessing
how
much
staff
may
recommend,
or
the
committee
might
want
to
consider
allocating
in
this
cycle
to
this
type
of
project
and
program.
C
And
then,
finally,
the
new
start
grant
request.
There
are
two:
the
first
is
from
the
housing
authority
of
the
city
of
asheville.
This
is
the
housing
choice,
voucher,
landlord
incentive
project.
They
are
requesting
25
000
in
a
new
start
grant
to
support
25
households
at
about
a
thousand
dollars
per
household.
C
This
would
be
they're
not
bringing
any
additional
funding
in
this
particular
project,
but
the
idea
here
is
to
incentivize
the
landlord
through
the
means
with
which
the
housing
authority
is
able.
So
there
are
certain
things
that
they
can't
do
because
they
provide
vouchers,
but
compliantly
provide
the
landlords
with
a
financial
incentive
to
expand
units
available
that
accept
voters.
C
So
this
would
target
households
at
less
than
or
equal
to
50
ami,
because
those
are
voucher,
recipient
level,
income,
households
and
again
the
goal
being
to
engage
25
additional
units
and
households
through
that
new
start
program.
C
There's
a
little
bit
more
detail
to
it,
but
it's
to
incentivize
landlords-
and
this
is
partly
from
their
application
for
their
initial
lease
up
with
voucher
holders,
as
well
as
for
their
commitment
of
additional
units
leased
up
to
voucher
households.
So
it
could
be
for
existing
landlords
to
expand.
D
A
D
C
Utilize
vouchers
within
the
county
as
well
there
they
do
have
landlord
incentive
activities
that
they
have
been
pursuing,
you're
familiar
with
thrive,
kind
of
model.
But
again
all
of
that
has
been
through
city
funding,
so
they
can
only
really
engage
landlords
within
the
city
limits
and
the
goal
here
would
be
to
engage
landlords
in
the
county
because
they
have
a
lot
of
requests
and
desire
for
people
to
be
able
to
remain
in
their
communities
in
the
county
that
need
the
voucher
assistance.
B
B
C
I
mean
these
are
completely
different
organizations.
They
would
be
completely
different
programs
that
they
operate
and
the
housing
authority
is
using
internal
staff
that
are
already
involved
in
landlord
engagement.
So
that's
why
there's?
No
additional
admin
cost
there.
It's
just
allowing
them
a
capacity
to
further
incentivize
landlords
that
perhaps
they
haven't
been
able
to
provide
any
kind
of
cash
incentive
to
participate
and
again,
I'm
boiling
these
down
to
really
bare
bones.
You'll
get
the
full
application,
we'll
get
a
summary
report.
C
So
and
then
the
final
request
was
from
black
mountain
swannoa
chamber
of
commerce
for
as
a
new
start
for
an
affordable
housing
motor
court
rehab
the
applicant,
I
understand,
may
not
have
been
aware
of
the
opportunity
to
make
application
until
the
day
that
they
were
due.
So
we
did
not
receive
any
attachments.
So
it's
very
difficult
for
us
to
assess
this
project
for
you,
even
in
a
summary
way,
but
at
bare
bones
level.
C
What
we
kind
of
understand
is
it's
a
project
that
would
cost
around
four
million
dollars
to
deliver
is
to
purchase
two
existing
motor
courts
out
in
that
community
and
then
to
rehab
them
and
repair
them
and
put
them
back
out
for
grit.
C
So
one
thing
that
might
be
helpful
from
staff's
perspective
is
to
get
I
guess,
feedback
from
the
committee
as
to
whether
you
would
like
for
us,
given
kind
of
the
constraints
of
our
time
frame
to
ask
them.
Can
you
get
these
attachments
to
us
to
allow
us
to
assess
the
project
or,
if
you
know,
given
that
they
didn't
provide
any
of
the
required
attachments?
If
you
don't
want
us
to
move
forward
at
this
point,
so
that
would
be
feedback
that
would
be
helpful
for
us
in
terms
of
responding
to
their.
You
know,
applications.
C
And
and
the
narrative
I
mean
the
application,
what
the
itself
was
complete
enough,
the
narrative
kind
of
explained
what
it
is,
but
again
without
seeing
the
total
project
budget,
it's
difficult
for
us
to
kind
of
understand
how
you're
spending
it
or
how
this
is
allowing
you
to
move
forward
in
in
a
kind
of
traditional
way.
This
is
a
new
applicant.
This
is
not
an
arena
where
we've
understood
understand
that
they've
worked
before
so
you
could
look
at
it
a
number
of
different
ways,
but
again
our
ability
to
assess
it
was
kind
of
limited.
C
C
So
we
specify
you
know
a
particular
budget
form.
You
know
you
need
to
show
when
you
do
start
what's
admin.
What's
you
know
actual
cost
of
project
delivery,
so
there
are
a
few
things
that
are
standard
forms.
I
would
imagine
that
they
have.
You
know
whatever
their
their
articles
of
incorporation
they're
by
what
all
those
documents,
I
believe
would
exist,
but
also
I'm
not
familiar.
They've
never
used
our
portal
for
an
application
either.
C
B
I
think
and
I'll
be
happy
to
forward
this
to
you.
I
think
literally
this
morning
actually
amanda
and
I
got
an
email
from
someone
in
the
black
mountain
talking
about
this
project
and
basically
says
that
this
is
hotel
conversion
for
25
units.
The
total
project
cost
is
4.7
million.
D
D
F
B
B
So
I
guess
sort
of
just
remote
fairness,
I'm
treating
if
other
developers
were
doing
this
would
we
would
we
say
that
that's
an
okay
enough
level
of
information
to
send
and
I'd
say
probably
not,
but
I
would
also
say
you
know.
The
commission
is
very
interested
in
housing
issues
through
the
department
process.
So
you
know
if
they're
interested
in
engaging
with
the
county.
There
is
another
opportunity
out
there
that
they
would
have
time
over
the
next
couple
months.
Maybe
get
a
little
bit
more
prepared
just
thoughts
about
it.
C
You
know
if
they
want
to
provide
the
attachments
that
they
want
for
us
to
provide
an
analysis
and
kind
of
feedback.
I
mean,
I
think,
that's
been
helpful
to
other
applicants
in
the
past
that
haven't
been
successful.
At
least
they
kind
of
understand
what
the
takeaways
were
from
staff
level,
and
it
may
help
better
prepare
them
for
other
funding
cycles
that
are
coming
up.
C
D
G
Like
a
stickler
on
deadlines,
I
mean
part
of
why
we
have
this
process
now
is
to
get
everyone
in.
You
know
the
same
time
of
the
award,
so
it
puts
us
in
somewhat
the
situation
we
were
in
prior
to
this
really
well
done
process
of
people
coming
in
at
awkward
times
of
the
year,
so
we
want
to
keep
yeah
everyone,
knowing
what
that
time
frame
is
when
things
are
due,
but
I
think
being
able
to
provide
them
with
some
additional
information
and
analysis
is
a
great
idea.
B
C
Hurry
so
just
again,
here's
that
summary
slide
you'll
be
seeing
this
a
lot
of
everything
that's
requested,
as
well
as
how
that
would
leverage
or
result
in
total
project
delivery
funding.
So
this
is.
C
I
think
we
were
eight,
I
want
to
say
around
8
million,
so
it's
fairly
close
again
the
800
000,
depending
on
how
you
want
to
proceed
with
that,
that's
already
allocated
from
existing
funds.
So
that's
not
necessarily
an
additional
ask.
C
C
C
So,
as
I
said,
all
these
projects
are
nuanced
and
we
will
try
to
do
our
best
to
explain
the
differences
highlight
the
similarities
as
we
move
them
all
forward
in
the
next
few
meetings.
In
order
to
assist
the
committee
in
determining
its
desired
allocation,
this
number
does
exceed
the
regular
amount
of
funding
that
has
been
allocated
to
the
program.
C
I
know
there's
some
discussion
about
increasing,
potentially
the
budget
request,
but
this
number
also
exceeds
that
amount
which
has
been
discussed
during
other
meetings.
So,
as
always,
we
have
more
ass
than
we
anticipate
funding
for,
but
staff
will
also
bring
back
to
you
kind
of
the
balance
of
unallocated
funds.
So
we
do
have
some
of
that
and
providing
an
update
on
program
income
that
we
have
received
to
date.
That's
available
as
well,
so
outside
of
your
regular
budget
request.
B
One
other
process
question,
so
it's
my
understanding
that
buncombe
county
got
like
a
special
designation
of
some
sort,
maybe
by
the
state
housing
finance
agency,
in
which
it
may
be
possible
for
our
county
to
get
two
nine
percent
light
tech
awards
to
pumpkin
county
this
year.
I
think
it
was
related
to
the
flooding,
like
you
know,
the
natural
disaster
that
occurred
as
a
result
of
that
so
there's
logging
by
various
organizations.
B
B
Didn't
get
done,
guarantees
it,
but
I
think
they
kind
of
created
more
of
like
an
opening,
for
that.
So
is
that,
do
you
know
where
that
stands?
Is
that
correct.
C
C
We
have
an
existing
9
award
and
then
an
existing
four
percent
award,
I'm
looking
at
them
and
thinking
about
them.
In
summary,
so
there's
yeah
everything
that
we
have
either
has
existing
funding
or
is
four
percent.
So
the
decisions
here,
I
don't
believe,
would
be
necessarily
impactful
outside
of
the
d
review
project.
That
one
is
a
new
nine
percent
request
so
that
one
may
or
may
not
be
funded.
There
may
be
an
additional
project,
but
we
don't
have
competing
projects
running
in
the
same
cycle,
both
asking
for
nine
percent,
so
that
decision
wouldn't
necessarily
impact.
B
At
least
those
that
have
applied
for
the
county
right,
there
could
be
others
out
there
that
we
don't
know
about
yet.
Yes,
that.
B
D
B
C
And
so,
and
for
that
kind
of
perspective
in
history,
fair
haven
summit
was
the
nine
percent
tax
credit
award.
When
lake
shore
villas
was
seeking
100
awards
and
didn't
receive
it
so
sure.
C
Well,
we
will,
as
I
said,
we're
printing
we're
in
the
process
of
printing
the
all
the
applications
out
so
that
you
have
full
access
to
all
the
materials
that
we've
received.
We
are
requesting
detailed
performance
from
every
applicant
so
that
we
can
know
and
understand
the
best
of
our
ability,
their
revenues,
their
expenditures
and
their
projected
cash
flow
over
the
life
of
the
project,
and
we
are
working
to
complete
our
staff
reports.
C
We
will,
of
course,
engage
our
finance
staff
to
review
their
products
and
their
financial
statements
and
give
us
an
idea
of
their
financial,
health
and
and
obviously
pulling
in
the
other
staff
as
needed
for
expertise.
But
we.
C
Those
summary
reports
out
to
you
as
soon
as
we
get
all
that
information
back
in,
and
we
may
in
fact
release
some
of
that,
particularly
for
the
non-multi-family
projects,
especially
the
most
complicated
earlier
than
later,
two
years,
so
we'll
be
getting
that
out
to
you
as
soon
as
we
can
to
assist
in
evaluation.
C
F
All
right,
so
this
is
picking
up
on
the
discussion
that
we
had
at
the
last
meeting
around
the
publicist
school
setting,
and
also
I'm
thinking
about
that
in
the
context
of
presenting
this
kind
of
phase,
one
of
our
goals
to
the
full
board
on
the
philippines.
F
So
thinking
about
what
we
just
the
minimal
piece
that
we
would
want
from
staff's
perspective,
we
want
to
share
with
the
full
board.
We
thought
it
might
be
helpful
to
kind
of
tee
up
the
five
kind
of
areas
that
we've
identified
for
your
goals,
more
kind
of
broad
overarching
items.
So
that's
what
this
slide
is
you'll
see
here,
you
know
a
bullet
number
one
is
around.
Rent
number
two
is
around
home
ownership.
Number
three
is
really.
F
We're
calling
it
naturally
occurring
affordable
housing,
but
that
would
encompass
repair
projects.
The
fourth
one
is
around
homelessness
and
then
the
final
one
is
around
the
vouchers.
So
this
is
for
you
all
to
consider.
This
is
a
new
slide
with
some
new,
not
not
new
goals,
but
no
wording
around
those
goals.
Just
that
might
be
helpful
when
you're
sharing
with
the
pullboard
to
kind
of
have
that
high
level.
First,
before
we
jump
into
those
specific
numbers
and
then
the
next
slide
is
just
all
familiar
with
this.
F
Are
the
ones
around
homelessness
that
you
see
there
in
red
and
those
are
the
settings
some
sort
of
goal,
potentially
around
less
than
30
ami,
and
also
there
are
some
interest
in
a
goal
around
your
shelter
beds.
So
I
wanted
to
kind
of
throw
that
out
there
again.
Last
time
we
spoke,
we
ought
to
ask
for
additional
research
around
the
30,
and
so
we
did
look
into
that
further
and,
as
we
looked
back
since
2011
we've
had
about,
eight
percent
of
the
units
are
contracted
at
30
percent.
F
So
if
you
wanted
to
emphasize
that
less
than
30
ami
you
might
want
to
go.
You
know,
above
that
I
think
matt
had
shown
you
options
for
100,
200
and
500,
something
at
the
last
meeting
so
wanted
to
share
that
information.
C
F
B
Analysis
of
the
income
levels
of
their
tenants-
and
you
know
they
provide
these
guarantees
right
because
they
have
to
for
all
these
tax
credit
qualifications
and
us
and
stuff
like
that,
she
said
yeah
once
we
kind
of
looked
at
it.
What
we
found
is
that,
like
there's,
actually
a
higher
percentage
of
really
low
income,
tenants
in
our
tax
credit
apartments,
the
costs
of
about
over
half
of
their
working
over
half
of
their
tenants
are
voucher
holders
and
and.
D
B
Them
are
very
low
income
presidents
right
but
including
a
you,
know,
meaningful
number
of
thirty
percent,
so
they
basically
kind
of
observe.
Like
they're.
You
know
they
are
picking
up
more
of
these
really
lower
income
folks
than
even
with
sort
of
a
required
number
to
satisfy
the
tax
credit
stuff
in
in
our
requirements.
So
there
may
be
if
eight
percent
required
number
it
you
know.
Hopefully
it's
the
reason.
We
think
it's
actually
a
better,
even
bigger
number.
C
And
I
will
say
just
you
know,
to
to
assist
a
kind
of
an
understanding
of
that
we
are
seeing
in
all
of
our
applications.
You
know
as
an
example
the
fair
haven
summit,
new
application.
C
C
Out
of
line
with
kind
of
an
eight
percent
range
and
that
project,
but
the
more
deeply
affordable
projects
at
the
nine
percent
level
would
tend
to
have
more
units
at
thirty
percent
below.
So
the
other
caveat
here
is
again:
those
were
contract
specifications.
C
So,
over
the
last
several
cycles,
we
have
been
very
specific
about
all
the
thresholds.
The
program
only
minimally
requires
less
than
80,
so
it
may
not
have
been
spelled
out
in
contracts
doesn't
mean
that
they
weren't
delivering
30
units
within
those.
F
D
B
I
mean
we
couldn't
we
could
contract
to
require
it
or
we
could
also
as
we're
supporting
all
these
new
projects,
to
sort
of
say
we're
going
to
monitor
this.
Our
hunch
is
that
we
are
getting
more,
but
let's
look
at
the
numbers
as
these
projects
get
built
and
see,
because
if
they
just
if
they,
if
we
aren't
getting
more,
then
I
think
it
can
feel
good,
but
all
right.
B
Putting
it
as
a
requirement
on
some
of
the
new
developments
right,
I
guess
a
little
bit
of
my
concern
would
be.
If
you
make
it
a
requirement
right,
then
then
the
developers
are
going
to
say:
okay,
you're
making
me
do
this
up
front.
I
don't.
B
What's
going
to
happen,
then
I'm
going
to
require
pumpkin
county
to
you,
know
you're
going
to
put
more
money
in
to
my
project
to
make
sure
that
all
work.
So
I
guess
I'd
like
to
have
a
goal,
but
maybe
at
first
I'd
like
to
guess
kind
of
say
this
is
a
goal
and
like,
let's
really
try
to
understand
this
better
as
projects
happen,
and
hopefully
we
are
through
more
of
these
tax
credit
projects.
Seeing
that
that's
happening.
B
F
Are
and
just
another
point
of
context
so
at
1500
rental
units
and
20
of
those
you
know
it's
300
units,
so
that's
kind
of
right
in
the
middle.
If
that
helps.
H
B
I'd
be
I'd,
be
okay,
with
that
I
would
be
if
we
were
gonna
pursue
that
number.
I
didn't
think
that's
actually
a
very
ambitious
number
like
when
you
start
talking
about
that
percentage
has
an
average
all
new
kind
of
regular
developments.
Actually,
I
think
that
is
a
very
ambitious
goal.
B
I
kind
of
I
do
think
we're
probably
getting
more
than
eight
percent.
I
doubt
we're
getting
16,
so
I
would.
I
definitely
wouldn't
want
to
make
that
a
contractual
obligation
at
this
point,
because
I
think
it
might
totally
blow
up
the
costs
of
these
projects
if
you
started
dropping
kind
of
this
new
requirement
that
goes
above
and
beyond
what
the
already
like,
really
tough
life
requirements
are
and
which
might
also
be
seen
as
kind
of
just
sort
of
out
of
market.
C
Would
language
similar
to
the
1200
units
should
leverage
the
lit
li
htc
program,
so
maybe
300
units
should
be
available
to
households
at
less
than
three
percent,
because
then
it's
not
it's
more!
That
our
desire
is
to
get
this
many
units
and
it
seems
less
directive
if
you're
using
should
language,
maybe
at
whatever
number.
C
B
Right
I
mean
this
is
kind
of
a
high
level
goal
the
county
would
have
as
a
as
a
whole.
If
we
said
hey,
we
want
to
you
know,
we
do
have
your
solicitations
that
people
who
bring
in
the
tax
credit
projects
would
basically
know
like.
I
need
to
meet
the
requirements
of
taxpayer
profits
right
and
but
they
would
also
see
that
that's
the
goal.
So
if
they
have
a
good
story
to
tell
perhaps
they'll
emphasize
that
in
their
information.
B
G
B
We're
thinking
about
these
units
and
and
matt
and
sybil-
and
I
had
a
meeting
on
friday-
reverse
room
going
over
like
what
are
we
achieving
these
goals
going
to
cost,
and
I
certainly
didn't
get
an
email
to
y'all
this
morning
to
kind
of
in
the
notes
from
that
conversation.
B
So,
but
just
the
working
assumption
is,
though,
for
these
units
for
the
less
than
30
percent
that
this
is
embedded
like
this
is
an
embedded
goal
within
our
larger
1500
to
1850
volts.
So
these.
D
E
B
I
was
originally
thinking
about
this.
I
was
thinking
about
these
units
as
being
like
shelter.
That's
like
like
a
separate
kind
of
project
like
a
low
barrier,
shelter
or
other
kinds
of
homeless
facility,
shelters,
which
we
know
the
price
per
unit
to
build,
can
be
quite
high
right
so
that,
as
it's
structured
here,
we're
actually
not
assuming
that
this
number
changes
our
per
unit
cost
to
achieve
is
1500
and
1850
gold
is
that.
A
C
Kind
of
in
the
natural
occurring,
the
caveat
is-
and
this
is
part
of
what's
not
necessarily
addressed
by
it-
a
permanently
supportive
housing
development
which
has
wraparound
services
and
some
other
costs
is
also
revenue
generating
and
often
available
to
those
at
less
than
30
ami.
So
a
targeted
project
like
that,
the
per
unit
investment
may
be
higher
than
for
other
projects,
but
those
where
30
is
part
of
the
mix
of
a
variety
of
incomes.
C
B
D
F
C
And,
for
example,
in
this
particular
round,
and
I'm
thinking
about
it,
kind
of
you
know
what
you've
been,
what
you've
seen
as
requested
this
year,
we
can
benchmark
for
you
how
many
units,
once
you
decide
what
allocation
you're
going
to
be
delivering
at
the
various
levels
and
tell
you
what
you
landed
on
this
particular
cycle.
There
was
no
request
for
funding
for
a
30
or
less
project
which
may
have
had
a
higher
cost
per
unit.
C
F
Question
there
was:
is
there
an
interest
in
shelter,
gold,
that's
something
that
came
up,
so
I
just
wanted
to
share
that
with
you.
A
B
D
B
D
B
So,
commissioners,
I
requested
that
we
spend
a
few
minutes
meeting
today
talking
about
the
proposal
that
was
developed
in
house
by
the
county
back
during
the
recovery.
E
B
Process
and
so
the
staff
brought
forward
a
proposal
for
use
of
arpa
funding
in
order
to
begin
identifying
and
acquiring
properties,
as
that
are
have
great
potential
as
affordable
housing
development
sites.
So
the
commission
didn't
fund
that
proposal
at
that
time
and
but,
as
you
know,
as
we've
gone
through
this
goal-setting
process,
you
know
to
me
I've
kind
of
been
I've
been
thinking
about
this
idea
and
to
me
as
we
set
these
these
goals.
B
I
I
was
not
honestly
super
fired
up
about
this
idea
when
it
came
forward
originally
because
we
set
these
goals
to
me.
I
can
see
it
seems
more
and
more
like
a
really
good
idea.
I
can
see
how
acquiring
even
you
know,
maybe
a
fairly
small
number
of
really
good
sites
could
really
meaningfully
advance
these
goals.
B
We
are
in
a
part
of
the
state
where
sites
are
challenging
because
of
topography
and
because
land
is
expensive,
so
there's
other
parts
of
the
state
where
there's
probably
great
sites
kind
of
really.
You
can
see
it's
a
very
attractive
price,
all
over
the
marketplace,
but
that's
kind
of
not
where
we're
at
so.
I
feel
like
kind
of
applying
some
additional
attention
and
resources
to
try
to
strategically
pick
up
a
few
sites
could
really
help
our
goals.
B
So
what
I
wanted
to
kind
of
ask
for
some
discussion
around
would
be
not
that
we
commit
a
certain
amount
of
money
for
this
purpose.
I
think
the.
B
B
Restoration
to
the
county
commission
that
they
approved.
What
would
you
remember,
six
or
seven,
seven
million
dollars
that
we
approve
up
to
seven
million
dollars
for
this
purpose
we
would
direct
our
county
team
and
they're
probably
going
to
work
with
some
folks.
In
you
know,
the
real
estate
community,
to
go
kind
of
you
know,
give
them
some
criteria.
E
B
Issues
you're
not
telling
the
whole
world
what
your
nutrition
strategy
is
and
so
and
but
then
we
have
up
to
seven
million
dollars
that
could
be
considered
for
this
purpose
and
if
they
find
great
sites
and
commission
increases
or
great
science,
and
we
successfully
negotiate
some
site
control
on
them,
then
that
would
be
the
budget
to
work
on
this.
But
we
wouldn't
commit
to
spending
that
much
money,
because
this.
B
A
new
idea
for
us,
so
if
the
sites
that
are
coming
back,
the
commission
feels
like
you
know
not
sure
about
this-
you
know
maybe
feel
risky
or
we're
just
not
comfortable
with
it.
Then
we
would
basically
say:
let's
reevaluate
this
all
of
this
in
six
months
and
kind
of
see
how's
this
going
have
we
found
some
good
sites.
We've
secured
some
good
sites,
let's
keep
it
going
or
has
this
turned
out
to
be?
Maybe
something
that
hasn't
been.
You
know
not
we're
not
seeing
a
lot
of
productive
outcomes
from
it.
B
B
You
know
the
commission
could
redeploy
some
for
all
of
those
funds
that
the
other
priorities
that
we're
going
to
be
exploring
over
the
coming
months
through
the
phase
2
process.
So
that's
kind
of
what
I
would
want
to
suggest,
but
if
we're
going
to
do
it
I'd
kind
of
be
interested
in
kind
of
getting
it
started
now
so
that
you
know
later
this
year
we
can.
We
can
kind
of
start
seeing
how
it's
going,
rather
than
waiting
until
the
end
of
the
harvard
classes
to
even
kind
of
really
start
seeing
like.
B
What's
the
what
can
we
find
out
there
in
the
market
around
this?
So
that's
that's
what
I've
been
thinking
and
wanted
to
spend
a
little
time
here
to
give
you
all
stuff.
A
Okay,
I
have
a
couple
sponsor
questions.
I
guess
first
of
all,
yeah,
that's
not
committing
to
an
amount
sounds
great.
It
seems
like
you've
got
one
awesome
property
out
of
this.
It
would
be
kind
of
worth
the
time
and
then
I
guess
the
other
thing
would
be.
I
can't
remember
what
was
in
the
application
or
if
there
were
your
initial
thoughts
around
you
know,
being
a
property,
that's
zoned
appropriately
on
transit
lines,
water
and
sewer.
All
that
kind
of
thing.
A
That
makes
sense
to
me,
but
that
kind
of
leads
me
to
the
next
question,
just
kind
of
like
what
how
narrow
do
we
want
the
kind
of
final
product
to
be?
Do
we
want
to
just
be
rental
multi-family?
Could
it
be
homeownership?
Is
it.
B
B
B
Kinds
of
things
large
meeting,
small
homeownership
apartments,
whatever
I
feel
like
it
might
be
helpful
to
just
have
a
fairly
tight
focus
on
it
around
these
bigger
sites
for
the
multi-family
projects
that
even
if
we
only
do
get
one
or
two
or
three,
it
could
meaningfully
take
us
to
our
goals.
I
think
in
the
marketplace.
Those
are
also
the
hardest
types
of
sites
to
sort
of
naturally
come
about
in
the
market
right
by
their
nature,
they're,
bigger,
more
expensive,
they're
harder
for
developers
to
put
together,
I'm
sure,
nothing's
easy.
B
F
E
F
B
D
B
Ferry
road,
I
think
we'll
do
some
cool
stuff
there,
but
it's
yeah.
It's
probably
not
what
you
would
buy
if
you
were
going
to
do
something
with
this
as
the
focus
so
much.
B
G
G
B
Style
mix,
I
mean
that's
what
I
would
advocate,
for
I
mean
the
other
thing
I
would
say
is
that
I
mean
I'm
glad
we
have
them
both
around
the
you
know
the
so-called
workforce
or
the
8120.
You
know
space,
but.
B
I
I
don't
know,
but
there's
so
many
different
kinds
of
projects
well
in
some
ways,
that's
sort
of
the
least
defined
like
I
think
we
probably
have
the
the
least
clarity
around
exactly
how
we
make
that
happen,
partly
because
there's
so
many
fewer
examples
out
there
like
it's,
not
something
we've
done
in
the
past,
you
look
what
other
communities
are
doing
most
of
them.
Many
of
them
don't
have
goals
like
this.
So
in
a
way
it
might
be
like
hard
to
know
like
what
type
of
property
would
be
good
for.
A
A
A
A
You
know
not
on
transit
and
do
duplexes
or
whatever,
but
we
need
to
tell
them
what
kind
of
land
so
yeah
I
mean.
I
think
I
think,
looking
for
the
rental,
the
larger
scale,
rental
multi-family
is
probably
the
way
to
go,
and
then
we
can
get
some
feedback
midway
through
staff
to
see
how
it's
going
yeah,
let's
see
if
we
can
cast
a
wider
net.
C
Yeah,
let's
start
there,
so
the
original
thought
process
would
have
been
for
larger
scale
multi-family
sites,
because
they
do
have
fairly
specific
and
defined
parameters,
and
they
are
sometimes
harder
to
acquire
and
secure
and
they
represent
a
large
barrier
to
all
developments,
but
particularly
for
our
traditional
partners
to
have
acquired
sites
right,
like
they
kind
of
limited
and
how
many
sites
they
can
hold
at
a
time
and
the
other
aspects
of
that.
The
other
piece
to
that
particular
consideration,
and
I
think
this
would
be
something
we
probably
need
more
clearing
on.
E
C
Depending
on
the
source
of
funds,
so
in
this
case
arpa
there's
an
expectation
of
expenditure
and
delivery,
and
what
is
the
delivery
measure?
Is
it
the
ownership
of
a
society?
Is
that
units
being
delivered?
And
so,
if
you
have
a
very
specific
and
targeted
program-
and
you
know
you
can
deliver
the
the
affordable
units
within
the
span
of
the
expenditure
and
commitment
and
delivery
of
project
time
frame.
C
So
that
being
said,
it
takes
a
couple
of
years
sometimes
to
get
tax
credits,
so
these
might
not
be
tax
credit
projects
that
you're
identifying
in
order
to
deliver
them
in
the
time
frame
necessary
to
have
the
construction
completed.
C
As
tax
credit
projects
exclusively
only
because
of
the
limitations
of
how
many
you
get
an
award
for
and
how
quickly
you
can
advance
them,
that
would
be
the
only
caveat
this
time
with
the.
B
Is
that
just
simply
acquiring
a
property
for
this
purpose,
and
getting
that
accomplished
is
not
enough.
You
think
you
have
to
actually
construct
the
units
within
that
time
frame,
or
do
you
think
that
our
book
can
be
satisfied
by
since
we
bought
this
property?
It's
for
affordable
housing?
It's
definitely
going
to
be
what
it's
used.
For
I
mean
I
can.
C
D
C
C
All
right,
well,
I
would
say
in
other
projects,
so
if
you
did
want
to
look
at
other
project
types,
that
weren't
necessarily
large
scale
like
smaller
lot
acquisition,
where
you
may
not
necessarily
want
to
permanently
restrict
it
home
ownership,
if
you're
exploring
that
as
a
potential
thing
to
find,
you
may
not
want
a
permanent
intersection.
It's
part
of
the
the
idea
is
wealth
building
and
home
equity
and
that
sort
of
thing
in.
E
C
Kind
of
affordable
housing
program,
so
we
may
need
to
think
about
like
if
that's
the
goal,
then
those
projects
may
need
to
actually
have
units
delivered
and.
C
In
the
typewriter,
because
I
don't
know
that
a
deed
restriction
works,
so
we'd
have
to
look
at
in
different
project
types.
If
it's
not
this
exclusively
multi-family
feed,
restricted,
affordability
for
those
types
of
projects,
you
might
have
to
have
a
different
expectation
of
what
would
be
your
end
result.
So
that
would
be
something
else.
We
could
talk
about.
B
So
so
I
think
that
you
know
in
the
email
that
I
wrote
this
morning
I
didn't.
I
don't
think
I
took
the
position
that
it
can
only
be
for
this
one
right,
so
I
think
the
way
I
phrased
it
was
that
like
prioritization
would
be
for
these.
You
know
kind
of
key
larger
tax
cut
projects
that
obviously
take
us
big
steps
down
the
road
of
our
biggest
goal.
Development
is
really
our
big
stretch.
B
Goal
yeah
right,
so
would
would
we
be
kind
of
in
consensus
around
the
idea
of
kind
of
advancing
this
not
closing
the
door
like
if
some-
maybe
maybe
something
just
you
know,
really,
some
really
cool
property
is
identified.
That
would
be
more
of,
like
you
know,
like
a
great
place
for
a
homeownership
project
or
something
like
that.
B
F
B
And
I
do
think
that
I
mean
I
do
think
that
one
of
the
things
that
we
are
hearing
from
the
development
community
is
that,
like
it's,
like
the
tax
credits
are
good
but
also
like
the
larger
ones,
are
really
good
and
again
we're
just
starting
to
look
at
these.
But,
like
you
know,
I
think
we've
got
in
front
of
us
like
the
largest
taxpayer
project
we've
ever
had
and
the
price
per
unit
that's
being
reflected
to
us,
is
much
smaller,
which
is
consistent
with
what
a
lot
of
folks
are
saying.
B
G
B
B
How
about
this
I'll
try
to
make
conversation,
so
I
would
make
a
notion
that
we
that
our
committee
recommends
for
consideration
of
the
county
commission,
that
we
approve
that
we
give
direction
to
the
staff
to
in
support
of
the
proposal
that
the
staff
developed
around
using
our
funds
to
secure
identified,
secure
sites
for
affordable
potential,
affordable
housing
development.
B
Basically,
we
approve
that,
but
with
the
details
being
that
we're
not
pre-approving
we're
not
pre-committing
any
funds
to
it,
but
that
we're
we're
approving
up
to
seven
million
dollars
of
investments
of
those
funds
to
identify
sites,
bring
back
sites
to
the
committee
in
the
commission
that
they
think
look
promising
with
each
project
needing
to
be
reviewed
and
approved
on
a
case-by-case
basis
that
to
support
that
would
be
supportive
of
the
proposed,
affordable
housing
goals,
but
with
a
particular
prioritization
for
the
larger
tax
credit
project
sites,
but
open
to
you,
know
all
of
the
goals
and
see
if
there's
anything
else,
and
that
we
would
also
do
an
evaluation
of
this
within
six
months
of
this
being
approved
by
the
county
commission,
to
kind
of
evaluate
how
it's
going
to
either
then
kind
of.
B
B
B
B
Very
good:
well,
commissioners,
it's
239!
So
that
item
is
done,
matt
other
items
we
need
to
cover
today.
C
So
next
steps
the
we
have
been
having
twice
a
month
meetings.
Normally
we
would
hold
our
second
meeting,
which
is
a
special
called
meeting
on
march,
the
15th.
I
will
not
be
available
on
that
regular
meeting
date.
The
expectation
is
for
the
committee
to
make
recommendations
about
invitations
and
budget
requests
associated
with
the
affordable
housing
services
program
by
april
30th.
C
So
the
question
I
think
for
the
committee
is,
and
staff
will
continue
to
work,
to
get
you
information
and
documents
in
advance
of
this.
Do
you
feel
comfortable
with
meeting
just
twice
in
april
to
finish
that
discussion,
or
would
you
like
to
try
to
schedule
an
additional
meeting
in
march
to
discuss
the
project
requests.
C
C
To
have
this
discussion,
so
we
had
four
last
year,
so
there
was
kind
of
this
introductory
meeting,
and
then
we
had
you
know
three
additional
in
this
round.
What's
what
staff
would
suggest
if
we
meet
again
in
march
is
probably
a
discussion
of
all
the
projects
that
aren't
multi-family,
just
to
kind
of
you
know,
get
more
detail
on
the
summary,
any
questions
that
we
have
about
those
we
can
get
those
responded
to
that
would
be
kind
of
a
piece
that
you
could
potentially
complete
in
march.
The
other.
C
C
B
B
Somewhere
in
here,
like
in
late
march
or
somewhere,
a
chance
for
one
additional.
C
We
could
try
tuesday
meetings
and,
of
course
this
will
be
varying
on
your
schedule.
The
22nd
is
a
possibility
that
I
don't
know
where
we'll
be
on
performance
again.
At
that
meeting
you
could
really
focus
on
the
not
we
can
bring
you
additional
detail
and
comparison
on
the
projects
that
are
the
multi-family,
but
I'm
not
sure
where
we'll
be
on
performer
review
at
that
point
on
this
project,
so
I'll
just
be
confused.
C
Detail
we
might
be
further
along
if
we
wait
until
the
29th,
then
you'll
be
meeting
kind
of.
G
B
B
F
C
C
C
So
all
that
remains
left
is
public
comment
and
I
will
get
the
caveat
so
we're
still
using
the
platform,
so
citizens
through
that
portal
can
provide
comment.
We
can
also
obviously
take
any
public
comment,
that's
in
person
as
well,
so
whatever
order
you
want
to
do
that
in
and
then
we'll
assist
anyone
online
who
needs.
B
E
Three
things
and
I'll
try
to
keep
it
quick.
This
is
andy
barnett,
with
actual
area
habitat
for
humanity
to
the.
I
Discussion
around
how
to
achieve
more
30
ami
rental
units,
I
would
request
that
the
committee
consider
making
voucher
acceptance
a
requirement
for
any
projects
that
receive
affordable
housing
services
program
funding.
I
think
that's
a
great
way
for
you
to
boost
that
goal
to
the
discussion
of
strategic
property
acquisition
by
the
county.
I
I
would
just
highly
encourage
you
to
keep
that
as
flexible
as
it
possibly
can
be
that
you
coordinate
closely
with
affordable
housing
developers
so
that
we
don't
wind
up
competing
against
one
another
for
the
same
parcels
of
land
and
bid
up
the
price
or
leave
something
on
the
table
that
we
think
maybe
the
other
one
is
looking
at,
also
recognize
that
in
this
market,
anything
that
can
be
done
to
make
the
county
process
as
agile
as
possible
is
going
to
be
important
to
be
competitive
in
this
real
estate
market
for
site
acquisition.
I
I
And
we
have
specific
targeted
amis
in
that
in
the
proposal
that
you'll
see
when
you
get
the
full
packet
of
what
we
expect
to
serve
with
this.
So
I
know.
I
You
know
the
the
ceiling
becomes
the
floor
in
those
ami
categories.
Finally,
I
wanted
to
say
that
the
higher
cost
per
unit
that
we're
reflecting
in
our
homeownership
application
this
time
really
reflects
what
we've
heard
from
you
and
from
staff
encouraging
us
to
find
ways
to
increase
the
rate
of
productivity
that
we're
able
to
provide
in
the
county
we've
been
able
to
to
really
leverage
our
your.
I
Private
dollars
and
earn
revenue,
those
sources
are,
you
know,
are
limited,
and
so,
if
we
model
building
at
a
faster
rate,
obviously
it's
those
that
leverage
gets
spread
over
more
units
in
a
given
period
of
time
requiring
the
deeper
level
of
investment
from
the
county
that
we're
showing
here.
So
just
those
couple
clarifications.
B
And
real,
quick,
so
the
30
years
of
affordability.
How
do
you
ensure
that
how's
it
working
somebody
if
somebody
goes
through
your
houses
and
decides
to
sell
it
yeah?
So.
D
I
Have
the
we
have
the
right?
We
have
the
run
first
purchase
yeah
and
so
would
would
exercise
the
first
purchase
and
be
able
to
sell
to
another
income
qualified
family
or
in
the
in
the
case
where
we
might
choose
not
to
do
that.
We
would
recapture
all
of
the
initial
subsidy
both
the
the
county's
substitute,
that
secured
it
with
a
lien
against
the
property
and
our
initial
subsidy
that's
secured
with
another
problem.
I
So
all
of
that
would
come
back
to
be
used
for
the
same
purpose
that
it
was
originally
used
for
so
either
we'll
either
recapture
the
property
or
we'll
recapture
the
subsidy
that
went
into
the
property.
I
H
Yeah
marge
mccaskey
weber,
cook
construction.
I
shared
some
information
with
a
couple
of
you
today
that
talked
about
the
cost
of
construction
materials
and
from
lumber
to
doors
to
door,
knobs
hvac,
and
I'm
just
asking
that
as
you
go
through
your
numbers
and
thinking
about
future,
it
doesn't
look
like
these.
Things
are
going
to
come
down
anytime
soon
and,
as
we
know
from
past
experience,
when
things
go
up,
they
don't
necessarily
come
back
down
to
below
the
level.
H
So
you
have
to
keep
that
in
mind
as
you
go
through
the
numbers
of
what
the
seven
million
dollars
might
or
might
not
buy,
or
what
you
know
your
project
people
are
coming
up
with
what
this
should
cost.
What
that
should
cost,
also,
as
andy
said,
try
to
be
as
flexible
as
you
can,
because
you're
going
to
put
yourself
in
direct
competition
with
real
estate
developers
that
are
coming
from
all
over.