►
Description
Bloomington City Council/HRA Concurrent Meeting
A
D
A
A
We
have
one
item
on
our
agenda
this
evening
and
it's
a
continuation
of
a
discussion
we
began.
I
don't
know
a
month
or
so
ago
or
six
weeks,
just
a
a
general
discussion
on
a
variety
of
organizational
information
and
an
explanation
of
exactly
where
we
are,
and
so
we're
going
to
be
hearing
tonight
about
our
covet
19,
emergency
rental
assistance,
our
noaa
reporting
and
preservation
strategies,
funding
priorities
and
affordable
housing,
trust
fund
policy
and
financing
tools,
and
with
that
I
will
turn
it
over
to
staff.
A
E
D
So
tonight
is
part
two
and
we
would
like
to
do
a
third
session
with
you
to
really
dig
into
the
policy
recommendations.
So
you
will
see
some
of
that
tonight.
But
then
we
will
come
back
to
you,
probably
in
october,
and
have
the
wrap-up
conversation
with
you
prior
to
bringing
items
back
to
the
council
for
action
and
so
I'll
hand
it
over
to
sherry.
Thank
you.
E
E
There
are
also
cdbg
funds
that
are
available.
However,
the
cdbg
funds
do
not
have
the
requirement
to
be
utilized
by
the
end
of
this
year,
527
000
has
been
awarded
for
rental
assistance
to
date.
There
are
other
sources
of
funding
that
we
are
prioritizing
or
that
veep
is
prioritizing
to
use.
First,
the
state
covid
19
housing
assistance
program,
the
cares
act,
funds
through
hennepin
county
and
then
cdbg
funds,
both
from
hennepin
county
and
the
city.
E
As
of
to
date,
33
property
owners
have
completed
the
survey
and
as
a
reference,
there
are
13
262
licensed
rental
units
in
bloomington
the
primary
result.
The
preliminary
results
will
be
shared
with
a
property
owner
manager
forum
on
september.
23Rd
co-ed
will
host
that
focused
conversation,
and
the
survey
continues
to
be
available
online
through
september.
E
E
E
E
Logically,
the
unpaid
rents
increase
substantially
from
quarter
one
to
quarter
three
and
the
organizations
that
are
serving
tenants
with
rental
assistance
in
bloomington
is
primarily
veep.
We
also
asked
for
reports
on
unpaid,
rent,
hennepin,
county
rental
assistance,
increased
subsidy
through
section
8,
clues
and
other
social
service
agencies.
E
A
F
Onward,
thank
you
so
I'll
I'll
be
talking
about
our
noaa
reporting.
So
for
the
last
couple
years
we've
kind
of
been
monitoring,
noaa
properties.
We
use
a
costar
database.
This
gives
us
average
rents
for
most
of
the
units
in
bloomington.
It's
not
a
hundred
percent
of
the
units,
but
we
kind
of
checked
it
against
our
licensing
about
90
or
95
of
the
units
are
in
this
costar
database.
F
There
are
units
in
there
that
we
don't
have
average
rents
for
so
we
aren't,
including
that
in
kind
of
what
we
consider
know
of
or
not
noaa
a
lot
of
smaller
properties
get
missed
in
this
database.
Those
kind
of
four
unit
buildings,
kind
of
get
lost
and
more
owned
by
mom
and
pop,
but
co-star
owns
apartments.com
and
so
they're
pretty
comprehensive.
If
you're
listing
on
apartments.com
you're
you're
getting
captured
in
the
co-star
database,
so
we
have
this
average
rent.
F
If
you
go
back
one
slide,
we
have
it
by
bedroom
size,
so
we
can
calculate
using
our
rent
requirements
for
60
area
median
income
to
really
figure
out.
Are
you
above
that
average
or
below
that
average
rent
for
that
median?
And
if
you
are
below
that,
we
count
that
as
a
noaa
unit
it
what
we
found
out
moving
from
november
to
june,
when
I
did
a
second
pool
of
the
data,
there's
going
to
be
a
wide
fluctuation,
we
have
a
large
amount
of
our
properties,
are
kind
of
right
at
the
edge
of
noaa.
F
So
it
will
be
really
interesting
to
track
over
time
what
that
trend
line
is,
but
it's
really
too
soon
for
us,
because
we've
only
had
two
data
pools
to
really
see
a
trend,
but
we
can
see
about
half
of
our
units
are
noah
unions
or
4.
600
units
are
noah
units,
but
what's
real
nice
on
the
next
slide,
we
can
then
map
this
data.
We
we
have
location
data
for
each
of
the
departments.
F
We
can
really
come
up
with
a
percentage,
and
this
is
by
census
tract,
which
is
useful,
because
we
have
other
data
which
we
can
compare
to
I'm
going
to
give
us
a
sense
of
where
those
noaa
units
are
concentrated,
and
then
we
can
go
into
how
many
units
total
or
the
next
slide
shows
average
rent
you
get
a
sense
of
where
the
higher
rents
are
south.
Boop
average
rent
is
1319..
F
You
know,
we've
got
some
new
properties
that
are
coming
online.
Those
newer
properties
are
more
luxury,
as
you'd
expect.
Rent
average
rent
is
higher,
where
there's
a
higher
concentration
of
noaa
that
average
rent
tends
to
be
lower,
but
the
biggest
driver
of
whether
you're
going
to
be
a
noaa
property
or
not
is
really
age.
F
And
so
you
can
see
here
the
average
age
of
the
the
gear
built
of
buildings
and,
as
you
would
expect,
we
kind
of
grew
from
the
east
to
west,
so
our
newer
properties
are
in
the
west.
I
tend
to
have
a
little
bit
higher
rent,
so
you
have
a
little
bit
less
more
noaa
there.
We
are
tracking
this
data
for
three
reasons:
one
we
just
want
to
know
where
our
these
buildings
are,
where
these
properties
are
two
we
want
to
be
able
to
per.
F
If
they
plan
to
raise
rent,
we
screen
tenants
or
evict
with
a
three
months
notice,
to
give
us
the
opportunity
to
help
those
tenants
if
they
need
to
are
potentially
be
displaced,
so
we're
tracking
this
biannually
over
the
next
couple
of
years.
We'll
have
a
nice
data
set,
hopefully
get
a
trend.
We're
working
with
minnesota
housing
to
you
know,
refine
this
methodology
a
little
bit.
We're
really
leading
edge
on
this
and
minnesota.
Housing
is
really
kind
of
following
our
lead
on
how
to
track
this,
not
just
in
bloomington
but
metro
and
statewide.
F
So
we're
part
of
a
statewide
kind
of
group
to
kind
of
really
hone
in
on
a
methodology
and
understand
where
noaa
properties
are
throughout
the
state.
But
we
use
this
to
track
our
top
25
potential
sales.
These
properties
tend
to
be
larger.
They
tend
to
be
in
those
areas
where
we
want
to
have
the
most
impact,
but
we
need
to
work
with
our
partners.
F
We
all
kind
of
work
with
different
rental
property
owners
in
different
ways,
and
we
hear
things
at
different
times,
so
we
really
are
sharing
that
information
between
and
work
as
a
team
to
really
identify
where
the
potential
sales
are
occurring
and
if
it's
a
noaa
property
or
not,
and
we
we
meet
every
two
months
and
we
kind
of
have
an
email
chain
too
of
leads
that
we
hear
that
really
leads
into
our
community
engagement.
We
saw
our
rental
survey
before
with
the
coveted
assistance
or
the
rental
assistance.
F
So
we
kind
of
we
created
this
communication
tool
that
really
kind
of
like
lays
out
our
priorities,
and
it's
really
helpful
one
to
talk
to
developers,
and
this
is
what
they
should
be
striving
for
when
they're
presenting
projects
and
two
it
helps
us
communicate
to
you
and
the
public.
Why
one
project
is
a
higher
priority
to
another,
because
there's
a
lot
of
different
factors
that
go
into
a
development
and
from
the
outside
with
just
a
couple
a
couple
of
points.
F
People
don't
get
the
full
picture
of
what
a
development
is,
so
I'll
kind
of
walk
through
what
these
priorities
are
and
where
staff
has
kind
of
come.
This
has
really
been
a
joint
effort,
again
interdepartmental
honing
and
working
on
these
different
criteria
and,
as
we
get
developments,
we've
kind
of
gotten
a
high
medium,
medium
or
low
ranking
for
each
criteria.
F
It's
not
meant
to
be
a
scoring
rubric
that
you
meet
a
certain
threshold.
You
get
funding,
it's
really
meant
just
to
kind
of,
like
I
said,
communicate
what
our
goals
are
and
what
we'd
like
to
see
from
development
and
kind
of
really
explain
why.
Why
is
one
project
a
high
priority
versus
another
project
being
a
low
priority?
F
And
what
that
means,
when
we're
talking
affordability
can
mean
a
couple
of
different
things:
one
it's
the
number
of
affordable
units,
two,
it
could
be
the
level
of
affordability.
So
are
you
getting
a
lot
of
sixty
percent
area
media
incomes
or
are
you
getting
some
units
that
are
affordable
to
thirty
percent
area?
Median
comes
with
a
different
impact
there
and
we
also
look
at
economic
integration.
Where
are
those
units
within
the
development?
F
Are
they
all
siloed
off
on
one
side
of
the
building
or
one
separate
building,
or
are
they
integrated
within
the
building
and
then
dispersion
throughout
the
community?
Are
we
concentrating
in
a
certain
part
of
the
community
or
are
we
throughout
the
city
and
then
other
factors
such
as?
Is
it
near
jobs
or
tourism,
then
that
really
relates
to
a
high
impact
area.
Is
the
development
in
a
high
impact
area?
F
F
Is
it
creating
that
transit
oriented
development
that
we
kind
of
targeted,
then?
Is
it
meeting
the
district
plan
goals?
You
know
if
you
are
in
a
development
district?
Are
you
kind
of
furthering
those
efforts
and
then
other
things
like
walkable
the
dense
proximity
to
amenity?
Then
we
obviously
want
community
support
for
a
project
that
really
is
looking
at
where
it
all
is
in
the
community,
and
then
we
look
at
site
specific.
F
F
Is
it
utilizing
universal
design?
Universal
design
is
similar
to
americans
with
disabilities
act.
You
know
there
are
certain
elements
that
you
can
put
into
a
building
that
make
it
more
livable
for
people
and
a
great
example
is
door
knobs
versus
door
handles
as
you
get
older.
If
you
have
difficulty
turning
a
knob,
it's
easier
to
use
a
handle,
so
that's
an
example
of
universal
design
elements.
F
Is
it
a
building
in
the
middle
of
a
parking
lot
or
is
it
a
building?
That's
up
against
the
street.
That's
creating
activating
the
street,
creating
a
vibrant
community.
Does
it
provide
public
amenities
or
art
or
tot
lot?
You
know
it's
really
focusing
on
that
design
of
the
site
itself
and
again.
Similarly,
we
want
to
have
good
community
input
support
for
that
project
and
then
will
that
project
end
up
being
a
catalyst
for
future
investment?
F
Will
it
spur
other
development
in
the
area?
We,
obviously,
if
we're
putting
money
into
a
project,
we'd
like
to
see
other
investment
around
the
area,
so
part
of
that
might
be
visibility,
isn't
a
visible
spot
where
other
will
spur
other
property
owners
who
want
to
invest
was
the
magnitude
of
the
impact.
Is
it
a
big
impact,
for
you
know
how
much
money
we're
putting
in?
F
What's
the
consequence
of
no
action?
Is
it
a
site?
That's
derelict,
that's
draining
on
the
community
and
no
action
is
going
to
have
more
harm
than
if
we
do
something-
or
maybe
it's
a
demonstration
project
that
we
can
replicate
elsewhere
or
show
other
elsewhere
to
do
and
then
taking
advantage
of
other
the
investment
in
the
area.
Maybe
we're
investing
near
the
site.
It
makes
sense
to
build
upon
that.
F
F
What's
the
developer
capacity,
they
have
a
good
history
of
doing
projects
like
this.
Is
there
a
verifiable
development
gap?
We
want
to
make
sure
that
we're
filling
gaps
and
doing
projects
that
otherwise
wouldn't
be
happening.
So
there's
the
cost
benefit
and
tax
generation
and
then
shovel
ready.
Is
it
something
that
will
be
able
to
be
done
in
a
reasonable
time
frame
that
these
are
all
things
that
really
play
into?
What
is
that
priority?
E
So
the
affordable
housing
trust
fund
priorities
encourage
development
that
produces
new,
affordable
housing
or
preserves
existing
naturally
occurring
occurring.
Affordable
housing
is
located
in
the
opportunity
zone,
gateway,
district
and
or
on
aging,
commercial
and
transportation.
Corridors
incorporates
design
standards
of
human
scaled
urban
design
serves
as
a
catalyst
for
future
investment
in
the
area
and
shows
a
demonstrated
need
for
the
affordable
housing
trust
fund
resources.
E
E
E
We
also
include
the
application
that
requires
the
developer
for
to
pay
for
upfront
professional
costs.
We
have
identified
many
priority.
Projects
are
considering
all
available
financing
tools
and
are
compiling
a
multi-year
budget.
Obviously
the
priorities
remain.
The
gate
gateway
district,
south
loop
pen
and
american
and
other
commercial
nodes,
I
believe,
we're
all
very
well
familiar
with
the
goals
and
and
how
we
expect
funding
to
assist
us
in
meeting
the
goals.
We
have
400
extremely
low
income
units
at
30,
ami,
as
as
being
our
priority
focus.
E
This
shows
how
many
units
have
been
funded
to
date.
It's
a
bit
of
a
review
of
our
our
last
study
session.
27
at
30
am
ami
37
at
50
ami
329
at
60
ami.
We
have
more
than
doubled
our
goal
of
151
low-income
units.
We
and
we
have
a
lot
to
go
to
meet
our
246
goal
for
50
ami
and
our
445
goal
for
extremely
low
income
that
gets
to
our
total
of
842
is
our
comp
plan.
20
2030.
E
E
Our
financing
plan
relates
to
to
our
types
of
units,
so
tax,
increment
financing
and
our
tax
increment
financing
pool
will
assist
in
funding
some
of
these
units.
The
hra
funds
have
led
to
a
line
of
credit
and
utilizing
housing,
revenue
or
general
obligation
or
other
bonds
for
our
housing
trust
fund.
E
We
have
our
opportunity
housing
tools,
the
payment
in
lieu,
the
land
donation,
land
right
down
the
opportunity,
housing
set
incentives
that
we're
working
to
quantify
the
value
that
they
provide
to
each
projects
and
then
in
this.
In
addition
to
this
private
investment,
we
also
have
the
developer
investment
in
the
lender
financing.
E
So
this
is
an
overall
view
of
how
how
we
expect
to
fund
development.
There
are
many
sources
of
funding
some
which
we
utilize
regularly.
Some
that
that
we
would
need
to
consider
our
trust
fund
tax,
increment
financing,
tax
abatement,
state,
low-income
housing,
tax
credits
are
met,
council
and
county
hennepin,
county
transit-oriented
development,
lcda,
a-hiff,
long-term
homeless.
E
G
Thank
you
so
to
lead
or
to
to
continue
from
where
sherry
talked
as
future
development
proposals
are
brought
forward
to
the
city.
Typical
affordability
scenarios
as
related
to
the
housing
projects
that
we
anticipate
seeing,
would
include
those
projects
in
which
100
percent
of
the
units
are
market
rate.
Those
projects
at
which
nine
percent
of
the
units
would
be
at
affordable
between
fifty
and
sixty
percent
area
median
income,
twenty
percent
of
the
units
could
be
affordable
at
fifty
percent
ami
or
forty
percent
of
the
units
at
sixty
percent
ami.
G
G
G
In
this
slide,
if
we
focus
on
the
remaining
number
of
units
that
are
part
of
the
goal
and
spread
for
a
30
ami
unit,
the
remaining
goal
is
about
408
units
and
if
we
were
to
look
at
adding
those
at
an
annual
basis
over
10
years,
it's
about
41
units.
Again
the
gap
is
about
one
thousand
twenty
six
dollars
the
monthly
gap
for
those
forty
one
units
is
forty.
Two
thousand
sixty
six
dollars
an
annual
gap
for
the
thirty
percent
ami
units
is
a
hundred
and
fourth
hour.
Excuse
me,
five
hundred
four
thousand
seven.
G
Ninety
two
same
methodology
for
the
50
units.
There
are
209
remaining
units
to
be
added
over
the
next
10
years.
If
we
looked
at
that
over
the
even
10
year
period,
21
units
per
year,
the
average
gap
is
about
hundred
thirty
seven
dollars
per
unit
or
thirteen
thousand
three
seventy
seven
per
month,
160
thousand
five
hundred
twenty
four
dollars
so
cumulatively
we'd
be
looking
at
a
roughly
six
hundred,
sixty
five
thousand
dollar
gap
just
to
make
those
units
between
30
and
50
percent
as
affordable,
based
on
the
rent
levels.
G
So
as
we're
looking
at
those
projects
in
which
the
affordable
housing
trust
fund
dollars
would
be
used
again,
the
priority
developments
would
focus
on
the
rent
and
income
levels
for
those
projects.
That
would
continue
to
meet
the
identified
goals
and
those
would
include,
as
as
we
just
outlined,
the
units
that
meet
both
the
30
and
50
percent
ami
levels,
as
well
as
those
projects
that
include
the
market
rate
rents
at
100
percent
ami
and
greater
than
that,
as
well
as
preservation
of
the
noaa
units
that
provide
the
long-term
affordability.
G
For
those
projects
that
qualify
for
tax
increment
financing,
the
priorities
for
use
of
those
funds
will
be
focusing
on
limiting
the
amount
of
tif.
That's
pledged
to
the
product
projects
when
possible
to
80
percent
of
the
tax
increment
and
again,
focusing
on
the
units
that
have
the
30
percent
and
fifty
percent
ami
units.
C
C
This
was
put
together
and
the
model
was
put
together
when
we
were
working
to
finance
the
aeon
project
but
serves
as
a
model
going
forward
for
for
any
tiff
pool
projects,
and
so
this
is
how
it's
been
financed.
Internally,
we
were
able
to
receive
obtain
funding
for
up
to
15.2
million
dollars
from
a
lender,
a
national
bank
and
from
there
the
blue
lines
show
the
money
coming
in
to
the
city,
the
city
transferred
it
to
the
revolving
loan
fund
and
from
there
the
loan
would
be
made
to
a
developer.
C
It's
about
half
a
million
dollars
a
year
that
could
also
be
used
to
make
sure
that
there
isn't
a
default
on
those
funds.
In
the
meantime,
that's
that
there's
a
you
know
the
backup
for
repayment.
If
there
are
extra
revenues,
the
pool
tiff,
the
gray
bar
in
the
middle
excess
revenues
could
be
brought
into
a
pool,
tiff
fund
and
that
could
be
used
for
future
projects.
C
C
So
that's
the
current
model,
you're
hearing
a
lot
of
big
numbers
tonight
or
a
lot
of
information
about
needs
going
forward.
So
the
next
slide
talks
about
the
fact
that
housing
there's
a
lot
of
need
out
there
and
this
model.
You
know
it's
limited
to
the
local
which
which
you
can
do
locally
and
housing
isn't
a
bloomington
problem.
It's
not
a
you
know,
local
problem,
necessarily
it's
a
national
worldwide
problem,
perhaps,
but
we
really
need
to
look
at
bigger,
bigger
resources
to
solve
it.
C
So
some
of
the
strategies
that
we,
you
know
could
be
considered
would
be
a
sales
tax
revenue
that
would
be
a
special
tax
that,
through
legislation
that
could
be
dedicated
to
affordable
housing,
could
be
a
state
funding
program
for
all
communities.
Of
course,
bloomington
isn't
the
only
city
that
needs
that,
so
maybe
all
cities
and
in
the
state
of
minnesota
create
some
kind
of
a
special
tax.
That's
dedicated
for
homeless,
in
the
30.
In
order
to
provide
housing
to
the
30
ami
households,
another
option
would
be
a
state
tax
credit
expansion.
C
C
New
market
credits
opportunity
zones,
some
of
these
other
tax
credits,
so
that
the
city
isn't
actually
funding
the
programs
they're
getting
tax
credits
from
the
federal
state
government.
Instead,
something
else
that
we're
exploring
are
you
know,
syndicates
championship,
invest
champions
for
investment,
and
so
these
would
be
large
commercial
properties,
maybe
in
conjunction
with
the
chamber
of
commerce.
C
I
would
look
at
wanting
to
invest
in
affordable
housing,
especially
for
all
the
businesses
in
bloomington
that
want
employees
and
they
want
affordable
housing
for
their
employees,
and
so
there
would
be
champions
local
investors
that
would
champion
this
cause
and
try
to
get
equity
partners
in
investing
to
invest
in
opportunity.
Housing,
there's
also
the
avenue
of
a
non-profit
organization
that
could
add
housing,
affordable
housing
in
bloomington
or
the
area
in
a
puerto
that
portion
of
that
could
come
back
to
bloomington.
C
C
It's
based
on
usage
and
so
would
be
another
way
to
to
measure
how
the
revenues
are
generated
and
the
last
item
on
this
list
grants
from
national
regional
state
and
county
and
philanthropic
organizations
and
some
examples
are
noaa
preservation,
funds,
affordable
housing,
development,
30,
ami
rental
assistance
that
that
the
city
already
engages
in
it
could
do
more
and
employer
employee
housing
assistance
so,
but
to
get
grants
to
fund
these
to
seek
those
out
and
write
grants
for
those
to
expand.
That
program
would
be
another
means.
C
So
we're
looking
at
you
know:
408
properties,
low
income
units,
30,
ami
and
so
forth,
going
across
the
page
and
what
we've
tried
to
do
on
the
next
two
pages,
trying
to
be
mindful
of
time
here,
we've
tried
to
quantify
give
some
order
of
magnitude
to
the
city
council
of
what
does
this
mean?
You
know,
is
the
cost
to
meet
these
goals?
Are
we
talking?
C
C
We
looked
at
the
top
25
noaa
preservation
units
and
estimated
that
2939
units
at
20
thousand
dollars
each,
which
is
an
estimate
based
on
the
a
on
property
that
would
be
on
this
last
bullet
about
sixty
million
dollars,
that's
to
acquire
and
rehab
noaa
properties,
the
annual
debt
service
on
60
million.
If
you
would
borrow
to
do
this
today
and
again,
they
aren't
all
going
to
get
done
at
one
time
that
would
be
4.2
million,
and
the
idea
would
be
that
the
interest
would
be
it
would
be
provided
at
zero
percent
interest.
C
The
the
next
one
noaa
incentive
that's
to
give
zero
percent
financing
and
incentivize
current
orders.
In
the
first
example,
it's
like
an
a
on
property
where
the
the
non-profit
or
a
private
developer
owns
it
in
this
case,
you're
incentivizing
current
property
owners
to
continue
to
maintain
and
provide
noaa,
and
the
cost
to
do
that
for
1663
units
is
about
34
million
dollars
today.
C
C
That's
to
address
the
need
for
place-based,
supported
supportive
service
programs
like
social
workers,
financial
assistance
and
so
forth,
tied
to
30
ami
units
and
that's
estimated
to
be
2
million.
So
if
we
total
up
all
those
annual
costs,
the
total
is
about
10.4
million
and
again
it's
just
to
give
you
some
order
of
magnitude
not
to
really
be
a
precise
number.
But
that
would
is
the
estimated
cost
to
achieve
these
goals.
E
Thank
you,
terry
and
michaela,
and
and
mike
as
well
so
the
direction
that
we
are
coming
from
for
from
the
state
council
and
the
hra
commission
are
how
best
do
we
grow
our
15
million
dollar
trust
fund.
We
will
be,
as
I
mentioned,
requesting
support
for
the
affordable
housing
trust
fund
policy,
as
well
as
for
our
funding,
priority
considerations,
the
priority
development
targets,
the
income
focus
and
and
location
focus,
and
then
you
know
a
full
discussion
and
consideration
of
existing
and
potential
new
funding
sources.
D
But
again
I
just
mayor
bussey
and
council
members
hra
commissioners.
I
just
want
to
make
sure
that
I
re
reiterate
that
we
will
be
back
before
you
in
october
with
another
session,
where
we
will
talk
about
some
specific
policy
recommendations,
but
we're
happy
to
take
questions
tonight
on
what
we've
presented.
I
know
it's
a
lot
and
I
know
we've
presented
a
lot
in
the
last
two
sessions,
so
we
appreciate
we
appreciate
the
volume
of
material
that
we've
given
you.
So
thank
you.
A
And
thank
you
greatly
appreciated,
and
I
also
appreciate
that
the
the
final
slide
of
city,
council
and
hra
direction
and
the
list
of
bullets
that
you
have
there
that's
a
discussion.
That's
going
to
take
longer
than
the
six
minutes
we
have
left
in
this
meeting.
So
I
hope
we
we
schedule
soon
a
time
for
a
full
and
robust
discussion
on
some
of
those
questions
that
have
been
brought
forward.
H
C
D
Could
I
add
mayor
both
fee
council
members
hre?
I
I'd
like
to
just
add
that
I
think
one
of
the
things
we
want
to
be
able
to
do
for
you
is
bring
you
back
a
list
of
the
potential
needs
for
noaa
preservation
and
stability,
so
that
we
can
actually
give
you
a
firmer
dollar
amount.
But
I
think
that
that
also
then
expands
to
a
conversation
with
our
philanthropic
partners
about
how
we
can
begin
to
stabilize
and
kind
of
hedge
against
the
market.
H
H
Also,
when
we
look
at
noaa
properties,
we
have
a
lot
of
naturally
occurring
affordable
housing
that
is
owner
occupied
and
what
is
our
strategy
to
maintain
that
so
it's
affordable
community
to
continue
to
buy
and
grow
equity
and
raise
your
family?
In
the
next
item
that
I
had
on
there
was,
you
know
we
looked
a
lot
of.
How
are
we
going
to
fund
these
things?
One
of
the
things
that
I'd
encourage
us
to
look
at
is
not
just
the
funding
side,
but
the
cost
side.
H
I
It
would
help
me
and
I'm
sure
it
would
help
others
sort
of
prioritize
and
contextualize
this
conversation.
We
knew
how
many
of
our
current
neighbors
right
now
are
at
you
know,
are
at
various
levels
of
income,
and
that's
I
understand
not
necessarily
something
you
have
an
answer
for
right
now.
Could
you
go
back
to
in
your
presentation?
I
think
it's
page
18
the
map
with
the
noaa
average.
I
F
Council
member
coulter
mr
marabusi,
this
I
so
I
took
what
did
I
do
every
unit,
so
we
have
an
average
rent
per
unit
size
per
unit,
and
then
I
basically
sum
what
all
the
rents
are.
So
it's
basically
all
units
at
all
rents
than
average
by
total
units,
so
so
yeah
that
that
can
drive.
Part
of
that
is
a
unit
size.
A
two
unit
or
two
bedroom
unit
is
going
to
have
a
higher
rent,
so
that
kind
of
is
reflected
in
this
map.
Okay,.
I
Okay,
because
so
I
guess
I'm
just
just
to
understand
so
on
a
different
page
here
you
had
or
60
of
ami
a
one
bedroom
the
rent
is,
is
on
average
eleven
hundred
and
twenty
four
dollars
yeah
there.
You
go
eleven
hundred
twenty
four
dollars,
one.
So
looking
at
that
that
previous
map,
then
I
count
only
and
that's
those
are
census
tracts,
I'm
assuming
yes,
so
I
I
count
only
seven
census
tracts
in
which
the
average
rent
is
less
than
124
dollars.
Is
that
I'm
just
I'm
trying
to
get?
I
I
mean
I.
I
think
this
gets
to
a
conversation
that
we've
had
before
about
how
dispersed
these
units
are,
and
I'm
I
think
this
that
that's,
I
think,
that's
the
point
that
I'm
just
trying
to
make
is
that
it
of
the
20
or
so
census
tracts
in
the
city.
I
count
only
seven
where
the
average
rent
is
less
than
what
it
would
take
for
someone
at
60
ami
to
get
a
one
bedroom.
F
F
That's
where
it
gets
a
little
bit
apples
to
oranges,
because
you're
looking
at
bedroom
size,
yeah,
what's
affordable
for
that
bedroom
size
where
this
is
just
all
units
together,
so
it
you
could
potentially
have
a
lot
of
two-bedroom
units
that
would
have
a
higher
rent.
So
it's
not
exactly
the
way
to
look
at
it,
but
we
can
certainly
do
that.
We
can
break
it
down
census,
track
and
look
at
that
to
see
where
that
average
is
to
see.
I
think
that
would
be
an
interesting
way
to
look
at
it.
D
F
I
Yeah,
I
think
that
would
be
helpful
and
then
the
last
sort
of
question.
I
have
I'm
a
little
bit
perplexed
about
how
and
I
you
know,
I
know
obviously
there's
some
unit
size
discrepancies,
but
I
you
know
we
have
this
opportunity
zone
designation
in
the
south
loop
and
wasn't
part
of
that.
The
purpose
of
the
opportunity
zone
program
to
sort
of
address,
affordable
housing
and
yet
we're
seeing
the
highest
almost
the
highest
average
rent
in
the
city
in
in
south
and
I'm
just
finding
that
to
be
a
bit
of
a
disconnect
there.
F
Part
of
that
is
just
lag
time,
so
the
opportunity
zone
is
based
on
census,
data
which
the
most
recent
census
estimate
is
from
2018.
I
think
the
opportunity
zone
is
from
even
2017
data,
so
a
lot
of
those
units
have
come
on
just
recently
so,
and
I
think
this
number
even
reflects
the
friendly,
which
is
another
500
units,
so
the
friendly
and
bc
and
indigo.
F
You
know
that's
850
units
right
there,
which
really
all
of
a
sudden
skews
everything
when
you
have
two
very
large
luxury
apartment
buildings,
whereas
five
years
ago
it
was
mostly
just
the
the
areas
apartments
near
village
club
and
around
there.
So
it's
really
just
a
lag
time
issue
where
all
these
rents
are
real
time.
They're
of
the
day
that
we
pull
it.
So
we
have
that
rent
of
that
day,
whereas
census
is
lagging
and
the
opportunity
zone
is
lagging
sure.
A
J
J
So
the
question
I
ask
myself
and
the
rest
of
my
colleagues
is
around
the
equity
and
inclusion
piece:
is
it
fair
to
create
temporary
housing
for
some
in
our
community
and
permanent
spaces
for
other
folks
to
live
here?
Are
my
questions?
What
is
the
goal
of
this
program?
What's
the
end
objective
that
we
want
to
actually
achieve
two?
Is
there
a
pathway
to
ownership
through
this
program?
J
Next,
how
much
tax
support
for
landlords
properties?
Are
we
willing
to
subsidize
over
the
years
of
this
particular
program
how
many
years
of
affordable
housing
years
do
we
get
for
the
millions
of
dollars
we
intend
to
spend
with
this
program
and
then
how
many
of
these
units
are
kept
permanently
affordable
through
this
program
and
then?
Finally,
what
are
other
cities
doing
around
the
funding
sources
for
programs
similar
to
this
I'll?
Take
all
those
either
next
time
we
get
together
or
via
another
modes.
Thank
you.
A
Thank
you,
councilmember
lohman,
as
I
said
we're
over
time
here,
and
we
do
have
a
city
council
study
session
to
get
to,
but
I
want
to
make
sure
that
our
members
of
the
hra
had
an
opportunity
to
ask
questions.
Also,
we've
heard
from
our
members
of
the
council,
so
chair,
thorson
or
any
member
of
the
hra
questions
or
desire
to
chime
in
on
this.
B
Thank
you,
important
information
and,
and
we
didn't
have
in
our
packet,
the
information
put
on
the
screen
by
baker
tilly.
I
don't
at
least
I
didn't
have
in
mind,
so
I
would
really
appreciate
that,
because
there's
a
lot
of
information
to
chew
on
there
and
then,
secondly,
the
possibilities
of
of
other
ways
of
getting
money.
B
B
I
really
like
the
idea
of
what
used
to
be
called
the
company
town
and
not
that
we
would
be
duplicating
that
from
100
years
ago
or
so,
but
that
that
it
does
make
sense
to
me
that
the
bottom
line
for
businesses
is
affected
by
the
ability
of
workers
to
get
to
work
and
to
have
stable
housing
and
whatnot,
and
so
that
that
seems
to
be
a
win-win
win
for
the
business
and
wins
for
people.
So
I'm
intrigued
by
that
one
look
forward
to
a
lot
more
discussion
on
this
thanks.
A
A
Hearing
none
and
knowing
that
we
do
have
a
third
session
planned
for
october.
I
believe
I
I
heard
earlier,
which
is
is
good.
If
you
have
additional
questions
as
councilmember
lowman
has
planned,
don't
don't
hesitate
to
email
them
into
staff
and
get
questions
answered
ahead
of
time.
If
not,
we
can
continue
this
conversation
in
october
and
it's
an
important
discussion
and
appreciate
the
staff's
input
and
all
the
thought
that's
gone
into
this
and
the
information
that
we
received
from
our
folks
at
baker.
A
A
So
absolutely
thank
you
all
very
much
with
that
city
council.
I
would
look
for
a
motion
to
adjourn
this
concurrent
meeting
between
the
council
and
the
hra
and
then
would
ask
chair
thorson
to
do
the
same
with
the
hra
and
if
we
can
get
a
motion
and
get
approved
to
adjourn,
then
we'll
take
about
a
two
minute
break.
While
we
reset
things
say
goodbye
to
our
friends
on
the
hra
and
then
reconvene,
the
council
meeting.
A
E
F
B
B
A
Very
good,
thank
you
to
our
members
of
the
ahra,
always
good
to
see
you.
Thank
you
for
your
work.
Greatly
appreciated
have
a
good
rest
of
your
evening
council.
We're
just
going
to
take
about
a
two
minute
reset
here.
Do
not
log
off
do
not
try
to
log
off
just
just
hang
tight
with
your
connection
and
we're
just
gonna,
get
everything
reset
and
restarted
back
in
the
control
room,
and
we
will
call
the
the
console
study
session
to
order
here
in
two
minutes.