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>>> THANK YOU FOR MUCH FOR 

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JOINING THE HOUSING LEVY FOR TH 

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CITY COUNCIL. IT IS 9:30 A.M. 

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I'M TERESA MOSQUEDA. WE ARE  

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GOING TO CALL THIS MEETING 

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TOEORDER. IT IS WEDNESDAY, APRI 

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18. 

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>> MEMBER HERBOLD. 

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>> COUNCIL MEMBER JUAREZ. 

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>> COUNCIL MEMBER LEWIS. 

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>> PRESENT. 

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>> COUNCIL MEMBER MORALES. 

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>> EXCUSED. 

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>> COUNCIL MEMBER NELSON. 

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>> PRESENT. 

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>> COUNCIL MEMBER PEDERSEN. 

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>> PRESENT. 

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>> COUNCIL MEMBER SAWANT. 

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>> PRESENT. 

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>> COUNCIL MEMBER STRAUSS. 

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>> PRESENT. 

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>>  MADAME CHAIR. SIX PRESENT. 

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>> THANK YOU  VERY MUCH. WE'LL  

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BE SURE TO WELCOME THEM TO THE  

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SELECT HOUSING COMMITTEE AS 

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WELL. THIS IS OUR SECOND MEETIN 

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OF APRIL. IT'S DEDICATED TO  

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HEARING DIRECTLY FROM THE  

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EXECUTIVE TEAM THAT INCLUDES  

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FOLKS FROM THE MAYOR'S OFFICE,  

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THE HOUSING OFFICE, INCLUDING  

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DIRECTOR WINKLER-CHIN AND KELLY 

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LARSON. TRACI RATZLIFF. WE HAVE 

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DONE A LITTLE BIT OF LOOKING  

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BACK AT THE PREVIOUS LEVY AND  

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THEN WE WILL HAVE AN OPPORTUNIT 

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TO REALLY IN MAY, START DIVING  

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INTO MORE OF THE DETAILS OF WHA 

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IS IN THE PROPOSAL FOR THE  

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UPCOMING LEVY AND WHAT  COUNCIL 

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MEMBER QUESTIONS MIGHT BE. WE'L 

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TAKE PUBLIC COMMENT. WE HAVE  

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NOBODY SIGNED UP FOR PUBLIC  

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COMMENT IN THE CHAMBERS HERE. 

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I'LL GIVE IT A FEW MORE MINUTES 

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WE HAVE ONE PERSON SIGNED UP FO 

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PUBLIC COMMENT ONLINE. BUT I  

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DON'T SEE THEY ARE PRESENT. IF  

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YOU ARE SIGNED UP, PLEASE DO 

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DIAL BACK IN WITH THE NUMBER YO 

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REGISTERED WITH THE PUBLIC 

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COMMENT NUMBER THAT YOU USED 

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WHEN YOU SIGNED UP FOR PUBLIC 

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COMMENT EARLIER TODAY. AGAIN,  

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DUE TO OUR ON GOING HYBRID  

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NATURE AND THE ON GOING 

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PANDEMIC, ALONG WITH COMPOUNDIN 

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COMPLICATIONS FROM THE FLU AND 

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OTHER DISEASES, WE ARE 

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CONTINUING TO DO A HYBRID MEET, 

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THANK YOU TO MY COLLEAGUES 

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ONLINE AND ALSO FOLKS IN 

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CHAMBERS. I WANT TO MAKE SURE  

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THAT WE WELCOME TO THE TABLE OU 

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PRESENTERS AS WELL WHO WILL 

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ALWAYS BE WITH US REMOTELY TO 

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REDUCE THE AMOUNT OF PEOPLE WHO 

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ARE IN-PERSON. AND AGAIN TODAY, 

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INCLUDES AN OVERVIEW OF THE  

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HOUSING LEVY AS TRANSMITTED BY  

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THE MAYOR'S OFFICE AND IF  

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THERE'S NO OBJECTION, TODAY'S  

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AGENDA WILL BE ADOPTED. HEARING 

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NO OBJECTION, TODAY'S AGENDA IS 

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ADOPTED. THE SOLE ITEM, THE 

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HOUSING LEVY RENEWAL PACKAGE, 

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INCLUDING THE PROPOSED ORDINANC 

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AND THE PROPOSED RESOLUTION. AT 

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THIS POINT, I JUST WANT TO 

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CONFIRM, WE DON'T HAVE ANYMORE 

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IN CHAMBERS PROVIDING PUBLIC 

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COMMENT AND THERE'S NO ONE WHO 

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SIGNED UP FOR PUBLIC COMMENT 

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ONLINE WHO IS PRESENT. WE'LL GO 

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AHEAD AND CLOSE PUBLIC COMMENT  

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AND WE'LL GO AHEAD AND MOVE INT 

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ITEMS ON OUR AGENDA. MADAME  

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CLERK, COULD YOU READ ITEM  

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NUMBER ONE INTO THE RECORD IF 

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>> MAYOR'S PROPOSED 2023 HOUSIN 

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LEVY RENEWAL PACKAGE FOR  

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BRIEFING AND DISCUSSION. 

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>> THANKS TO FOLKS WHO HAVE BEE 

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WITH US OVER THE COURSE OF THE 

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MEETING WE ALREADY HAD HERE IN 

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APRIL. THIS IS THE SECOND 

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PRESENTATION ON THE MAYOR'S  

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PROPOSED 2023 HOUSING LEVY. THE 

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FIRST OF THREE MONTHS DEDICATED 

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TO JUST TALKING ABOUT THE  

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HOUSING LEVY IN THE SELECT 

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COMMITTEE, WHICH INCLUDES THE 

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MEMBERSHIP OF THE WHOLE. SO  

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THANKS TO ALL OF MY COUNCIL 

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COLLEAGUES FOR DIALINGIN THIS 

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MORNING. WELCOME BACK OUR  

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ESTEEMED TEAM FROM CENTRAL STAF 

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THAT INCLUDES TRACI RATZLIFF AN 

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JENNIFER. THANKS SO MAIKO 

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WINKLER-CHIN. AND THANKS AGAIN  

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FOR THE ROBUST COMMUNITY  

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ENGAGEMENT THAT YOU HAVE SHARED 

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WITH US IN THE PAST MEETING. WE 

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LOOK FORWARD TO HEARING MORE 

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FROM YOU IN THE UPCOMING 

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DELIBERATIONS. ARE THERE ANY  

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COMMENTS FROM CENTRAL STAFF  

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BEFORE WE OPEN IT UP? I'M NOT  

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SEEING CENTRAL STAFF JUMP IN. 

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NOPE, OKAY, THAT'S AN 

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AFFIRMATIVE. NOTHING HERE. AND 

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AS A REMINDER, AT THE LAST 

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MEETING THAT WE HAD ON APRIL 5, 

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WE HAD A PRESENTATION FROM THE 

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OFFICE OF HOUSING, THE MAYOR'S 

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OFFICE, SEATTLE AFFORDABLE 

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HOUSING COMMUNITY DIALED IN TO 

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PROVIDE PUBLIC COMMENT AS WELL. 

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AND WE HEARD ABOUT THE IMMENSE 

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NEED FOR INVESTMENTS IN WORK 

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FORCE HOUSING. TO CONTINUE TO  

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MAINTAIN, OPERATE AFFORDABLE  

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HOUSING INVESTMENTS. THE APRIL  

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PRESENTATION HELPED US GET A  

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GROUNDING OF THE DATA WE HAVE  

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AND SOME REQUESTS WERE MADE THA 

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CENTRAL STAFF AND THE OFFICE OF 

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HOUSING ARE WORKING ON AS WELL, 

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AND WILL BE PROVIDING A 

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FOLLOW-UP INFORMATION IN TODAY' 

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PRESENTATION AND ANYTHING ELSE 

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THAT IS NOT ANSWERED TODAY WE'L 

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SEEK TO MAKE SURE IT IS PROVIDE 

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IN THE UPCOMING PRESENTATIONS O 

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IN THE UPCOMING WEEKS. WE HEARD 

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FROM THE PRESENTATION LAST TIME 

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IS THERE'S A SEVERE SHORTAGE OF 

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HOUSING IN SEATTLE BETWEEN 2011 

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AND 2019, FOR EVERY 2.6 JOBS  

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CREATED, ONLY ONE UNIT OF  

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HOUSING WAS BUILT. THIS LED TO  

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ESCALATING HOUSING COSTS WITH A 

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45% INCREASE. A 45% INCREASE IN 

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RENTAL COSTS OVER THE LAST  

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DECADE PLUS. OUR HOUSING CRISIS 

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IS HAVING A DISPROPORTIONATE  

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IMPACT ON LOW INCOME AND BLACK, 

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INDIGENOUS, PEOPLE OF COLOR  

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HOUSEHOLDS WHO ARE EXPERIENCING 

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HIGHER RATES OF HOUSING  

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INSTABILITY AND ALSO 

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HOMELESSNESS. THE KING COUNTY  

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GROWTH MANAGEMENT PLANNING  

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COUNCIL PROJECTS THAT SEATTLE  

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NEEDS APPROXIMATELY 112,000 NEW 

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AFFORDABLE HOMES BY THE YEAR 

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2044. AND THE GREATEST HOUSING  

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NEED IS FOR THE LOWEST END OF  

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THE INCOME SPECTRUM. SEATTLE  

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NEEDS APPROXIMATELY 30,000 NEW  

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HOMES, NEW AFFORDABLE HOMES AND 

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HOUSEHOLDS WITH INCOMES OVER 50 

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OF THE AREA MEDIAN OR BELOW. TO 

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PUT A HUMAN FACE ON THE NEED, A 

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HOUSEHOLD AT 50% INCOME, THESE 

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ARE RETAIL WORKERS. THESE ARE  

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HUMAN SERVICE PROVIDERS. THESE  

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ARE CHILDCARE PROVIDERS. THESE  

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ARE TEACHERS. THESE ARE NURSES  

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AND FOLKS IN THE HEALTHCARE  

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SECTOR. THESE ARE PEOPLE WHO AR 

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JUST STARTING THEIR CAREERS IN 

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CONSTRUCTION. THESE ARE  

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INDIVIDUALS WHO ARE COMMUNITY  

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AND OUR ECONOMY RELIES ON TO  

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PROVIDE FOOD, CLEAN BUILDINGS,  

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CARE FOR SENIORS, AND OUR 

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FAMILIES AND MORE. IMPORTANTLY, 

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THESE COULD BE OUR NEIGHBORS. 

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THESE COULD BE THE WORKERS THAT 

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EMPLOYERS NEED IN ORDER TO GET 

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THEIR BUSINESSES UP AND RUNNING 

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AGAIN. THESE COULD BE THE  

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DIVERSE NEIGHBORS THAT WE NEED  

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IN OUR CITY TO MAKE SURE THAT W 

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HAVE A THRIVING SEATTLE. AND  

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FORTUNATELY, IF WE DON'T ADDRES 

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THIS GROWING NEED AND THE KNOWN 

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AMOUNT OF UNITS THAT ARE  

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PROJECTED TO BE NEEDED IN 

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SEATTLE, MORE PEOPLE WILL GET 

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PRICED OUT OF OUR CITY AND THE 

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REALITY IS, MORE PEOPLE WILL GE 

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PUSHED INTO HOMELESSNESS DUE TO 

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THE LACK OF AFFORDABLE OPTIONS 

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IN SEATTLE. WE SEE THIS  

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TREMENDOUS NEED EVERY DAY. WE  

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SEE THAT THERE'S 

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DISPROPORTIONATE IMPACT ON OUR 

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VULNERABLE NEIGHBORS WHO ARE 

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EXPERIENCING HOUSING INSTABILIT 

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AND HOMELESSNESS. AND WE SEE  

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THIS AND WE HAVE HEARD ABOUT  

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THIS ON GOING IN TERMS OF THE  

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NEED WITHIN THE WORK FORCE FOR  

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PERMANENT SUPPORT OF HOUSING  

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INVESTMENTS TO HELP KEEP PEOPLE 

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STABLELY HOUSED, GET FOLKS WHO  

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WERE PREVIOUSLY HOMELESS INTO  

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HOUSING, AND KEEP THEM SHELTERE 

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AND HOUSED. THE HOUSING LEVY IN 

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FRONT OF US IS AN OPPORTUNITY  

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FOR US, OF COURSE, TO TALK ABOU 

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BUILDING, THE BRICK AND MORTAR, 

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THE NUMBER OF BUILDINGS THAT  

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WILL BE CREATED. IT'S ALSO AN  

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OPPORTUNITY TO TALK ABOUT FIRST 

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TIME OWNERSHIP OPTIONS, THE  

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SUPPORT OF HOUSING WORK FORCE T 

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KEEP PEOPLE HOUSED, AND THE  

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OPPORTUNITY TO CREATE GOOD JOBS 

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IN THE SECTOR SO MORE PEOPLE  

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HAVE THE OPPORTUNITY TO REALLY  

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BENEFIT FROM THOSE UNITS BECAUS 

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WITHOUT ADDITIONAL WORK FORCE  

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AND WORK FORCE INVESTMENTS, WE  

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WILL CONTINUE TO SEE PEOPLE 

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CYCLE IN AND OUT OF HOMELESSNES 

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OR HOUSING INSTABILITY. SO I  

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WANTED TO BACK UP FOR JUST A  

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SECOND AND PROVIDE A LITTLE MOR 

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CONTEXT TO WHO WE WERE TALKING  

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ABOUT WHEN WE TALK ABOUT THE  

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INDIVIDUALS WHO WILL POTENTIALL 

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BE ABLE TO BENEFIT FROM BUILDIN 

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ADDITIONAL HOUSING AND THE WHY  

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IT'S SO IMPORTANT TO COUPLE  

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THESE INVESTMENTS WITH FUNDS FO 

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THE WORK FORCE. TO BUILD HOUSIN 

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AND ALSO TO WORK WITHIN THOSE  

252
00:09:46,986 --> 00:09:48,087
NEW HOUSING UNITS. WITH THAT, I 

253
00:09:48,087 --> 00:09:51,390
WANT TO GIVE US A CHANCE TO DIV 

254
00:09:51,390 --> 00:09:52,725
BACK INTO THE DATA. WE WILL LOO 

255
00:09:52,725 --> 00:09:55,428
AT BOTH THE DATA AND THE HUMAN  

256
00:09:55,428 --> 00:09:58,164
NEED THAT IS INCORPORATED IN TH 

257
00:09:58,164 --> 00:09:59,932
PRESENTATION, AND TO HEAR ABOUT 

258
00:09:59,932 --> 00:10:04,070
THE SUCCESSFUL EFFORTS FROM THE 

259
00:10:04,070 --> 00:10:07,740
PAST LEVY, THE HIGHER THAN 

260
00:10:07,740 --> 00:10:08,674
ANTICIPATED UNITS AND SERVICES 

261
00:10:08,674 --> 00:10:10,977
THAT WE WERE ABLE TO INVEST IN, 

262
00:10:10,977 --> 00:10:12,878
IN THIS LAST LEVY, THANKS TO 

263
00:10:12,878 --> 00:10:13,813
SEATTLE VOTERS. AND WE'LL HEAR  

264
00:10:13,813 --> 00:10:16,615
ABOUT THE ON GOING NEED FOR  

265
00:10:16,615 --> 00:10:17,550
DEEPLY AFFORDABLE HOUSING,  

266
00:10:17,550 --> 00:10:18,417
PERMANENT SUPPORT OF HOUSE, AND 

267
00:10:18,417 --> 00:10:21,354
THE WAYS IN WHICH WE TRIED TO  

268
00:10:21,354 --> 00:10:23,389
MAKE SURE THAT WORKERS ARE  

269
00:10:23,389 --> 00:10:24,557
CENTERED IN THIS HOUSING LEVY  

270
00:10:24,557 --> 00:10:25,458
BOTH IN TERMS OF CONSTRUCTION 

271
00:10:25,458 --> 00:10:28,961
AND IN TERMS OF WHO IS WORKING  

272
00:10:28,961 --> 00:10:29,829
WITHIN SUPPORTIVE HOUSING UNITS 

273
00:10:29,829 --> 00:10:33,833
WITH THAT, I WANT TO THANK 

274
00:10:33,833 --> 00:10:34,567
COUNCIL MEMBER HERBOLD WHO 

275
00:10:34,567 --> 00:10:37,036
JOINED US AS VICE CHAIR, AND WE 

276
00:10:37,036 --> 00:10:38,437
WILL NOTE YOU ARE PRESENT. WE'L 

277
00:10:38,437 --> 00:10:46,645
TURN IT OVER TO OUR HOUSING 

278
00:10:46,645 --> 00:10:47,213
DEPARTMENT DIRECTOR. 

279
00:10:47,213 --> 00:10:50,516
>> THANK YOU VERY MUCH, COUNCIL 

280
00:10:50,516 --> 00:10:53,786
MEMBER. I'D LIKE TO INTRODUCE M 

281
00:10:53,786 --> 00:10:54,954
STAFF MEMBER HERE, KELLI LARSEN 

282
00:10:54,954 --> 00:10:56,055
WHO WILL BE DOING THIS  

283
00:10:56,055 --> 00:10:59,725
PRESENTATION WITH ME AS WELL  

284
00:10:59,725 --> 00:11:04,697
THIS MORNING. SO, AS COUNCIL  

285
00:11:04,697 --> 00:11:05,798
MEMBER SAID, I'M MAIKO  

286
00:11:05,798 --> 00:11:06,832
WINKLER-CHIN, AND WITH THE 

287
00:11:06,832 --> 00:11:07,967
SEATTLE OFFICE OF HOUSING. CAN  

288
00:11:07,967 --> 00:11:14,540
WE SEE THE SLIDE? IS THE SLIDE  

289
00:11:14,540 --> 00:11:15,808
UP? THERE WE GO. THANK YOU. SO, 

290
00:11:15,808 --> 00:11:18,577
TO START OUR PRESENTATION ON TH 

291
00:11:18,577 --> 00:11:19,378
2023 HOUSING LEVY PROPOSAL. I'M 

292
00:11:19,378 --> 00:11:21,781
GOING TO TAKE A COUPLE SLIDES T 

293
00:11:21,781 --> 00:11:23,349
REFLECT ON WHAT NEARLY FOUR  

294
00:11:23,349 --> 00:11:24,316
DECADES OF HOUSING LEVY 

295
00:11:24,316 --> 00:11:27,687
INVESTMENTS HAVE DONE FOR OUR 

296
00:11:27,687 --> 00:11:28,921
HOME CITY. MORE THAN 16,000  

297
00:11:28,921 --> 00:11:30,723
RESIDENTS ARE ESTIMATED TO LIVE 

298
00:11:30,723 --> 00:11:32,491
IN A LEVY SUPPORTED HOMES AT AN 

299
00:11:32,491 --> 00:11:34,326
GIVEN TIME. TO GIVE YOU A SENSE 

300
00:11:34,326 --> 00:11:36,429
OF SCALE, THINKING ABOUT THE  

301
00:11:36,429 --> 00:11:39,465
MOMENT THAT WE'RE IN, THAT MANY 

302
00:11:39,465 --> 00:11:42,835
PEOPLE WOULD FILL ABOUT 93% OF  

303
00:11:42,835 --> 00:11:45,004
THE SEATS AT A GAME, AND IF WE  

304
00:11:45,004 --> 00:11:45,871
INCLUDE THE ADDITIONAL PEOPLE  

305
00:11:45,871 --> 00:11:47,840
WHO WILL BE ABLE TO MOVE INTO  

306
00:11:47,840 --> 00:11:49,608
úLEVY FUNDED HOMES THAT ARE  

307
00:11:49,608 --> 00:11:51,077
CURRENTLY IN THE PIPELINE,  

308
00:11:51,077 --> 00:11:52,745
EITHER UNDER CONSTRUCTION OR  

309
00:11:52,745 --> 00:11:54,046
PREPARING FOR CONSTRUCTION, THE 

310
00:11:54,046 --> 00:11:56,148
WE WOULD FILL EVERY SINGLE SEAT 

311
00:11:56,148 --> 00:11:58,784
AND THEN SOME AT CLIMATE PLEDGE 

312
00:11:58,784 --> 00:12:01,153
ARENA. SO THIS IS THE IMPACT OF 

313
00:12:01,153 --> 00:12:02,555
STEADY INVESTMENTS OVER THE  

314
00:12:02,555 --> 00:12:04,056
YEARS. WE HAVE NEW HOMES OPENIN 

315
00:12:04,056 --> 00:12:06,425
AND NEW FAMILIES MOVING IN EVER 

316
00:12:06,425 --> 00:12:08,094
SINGLE YEAR. AND AS WE CONTINUE 

317
00:12:08,094 --> 00:12:09,595
TO FUND NEW PROJECTS, WE'RE  

318
00:12:09,595 --> 00:12:14,400
BUILDING THAT PIPELINE OF FUTUR 

319
00:12:14,400 --> 00:12:16,769
HOMES IN OUR CITY. AS WE LOOK A 

320
00:12:16,769 --> 00:12:17,870
THE 2023 HOUSING LEVY PROPOSAL, 

321
00:12:17,870 --> 00:12:19,638
PLEASE KEEP IN MIND THAT WE'RE  

322
00:12:19,638 --> 00:12:22,341
BUILDING ON THE STRONG AND  

323
00:12:22,341 --> 00:12:24,777
TRUSTED TRACK RECORD OF PAST  

324
00:12:24,777 --> 00:12:26,512
LEVIES, GOING BACK TO 1986. 

325
00:12:26,512 --> 00:12:27,513
EVERY HOUSING LEVY SINCE 1986 

326
00:12:27,513 --> 00:12:29,749
HAS MET OR EXCEEDED ITS GOALS 

327
00:12:29,749 --> 00:12:31,484
BECAUSE STAFF WORKED HARD OVER 

328
00:12:31,484 --> 00:12:34,854
THE PAST FOUR DECADES TO SET 

329
00:12:34,854 --> 00:12:36,689
AMBITIOUS, BUT ACHIEVEABLE 

330
00:12:36,689 --> 00:12:38,324
GOALS, IN PARTNERSHIP WITH 

331
00:12:38,324 --> 00:12:39,091
HOUSING PROVIDERS WHO 

332
00:12:39,091 --> 00:12:39,825
CONTINUALLY WORKED TO IMPROVE 

333
00:12:39,825 --> 00:12:42,061
OUR PROCESSES TO BECOME MORE 

334
00:12:42,061 --> 00:12:42,728
EFFICIENT, CREATIVE, AND 

335
00:12:42,728 --> 00:12:45,264
COLLABORATIVE IN THE WAYS WE 

336
00:12:45,264 --> 00:12:46,332
DEVELOP AFFORDABLE HOUSING. SO  

337
00:12:46,332 --> 00:12:47,800
THE PROPOSAL YOU'LL HEAR ABOUT  

338
00:12:47,800 --> 00:12:50,169
TODAY IS NOT ONLY INFORMED BY  

339
00:12:50,169 --> 00:12:51,670
MARKET CONDITIONS AND STAKE 

340
00:12:51,670 --> 00:12:52,938
HOLDER FEEDBACK WE'VE BEEN 

341
00:12:52,938 --> 00:12:53,506
EXAMINING, BUT IT'S ALSO 

342
00:12:53,506 --> 00:12:54,673
INFORMED BY 40 YEARINGS OF DOIN 

343
00:12:54,673 --> 00:12:57,576
THIS WORK AND DOING IT WELL. SO 

344
00:12:57,576 --> 00:13:00,379
WE HAVE ONE EXAMPLE HERE THAT I 

345
00:13:00,379 --> 00:13:02,448
PICTURED WITH JACKSON HEIGHTS 

346
00:13:02,448 --> 00:13:03,215
AND PATRICIA APARTMENTS LOCATED 

347
00:13:03,215 --> 00:13:06,685
AT THE INTERSECTION OF 23rd AND 

348
00:13:06,685 --> 00:13:09,522
JACKSON IN THE CENTRAL DISTRICT 

349
00:13:09,522 --> 00:13:10,856
COMMUNITY HOUSE, THE 

350
00:13:10,856 --> 00:13:13,359
ORGANIZATION THAT OPERATES THES 

351
00:13:13,359 --> 00:13:14,927
BUILDINGS, HOPES PEOPLE WITH 

352
00:13:14,927 --> 00:13:16,962
MENTAL ILLNESS THROUGH A FAMILY 

353
00:13:16,962 --> 00:13:18,030
ATMOSPHERE, IN ADDITION TO 

354
00:13:18,030 --> 00:13:18,631
CLINICAL TREATMENT. JACKSON  

355
00:13:18,631 --> 00:13:19,865
HEIGHTS WAS ONE OF THE FIRST  

356
00:13:19,865 --> 00:13:22,401
BUILDINGS IN SEATTLE TO USE THE 

357
00:13:22,401 --> 00:13:24,236
COMMUNITY PREFERENCE POLICY  

358
00:13:24,236 --> 00:13:26,071
IN THIS BUILDING ARE SET ASIDE  

359
00:13:26,071 --> 00:13:27,907
FOR RESIDENTS WITH LONG STANDIN 

360
00:13:27,907 --> 00:13:30,242
HIGHS TO THE CENTRAL DISTRICT T 

361
00:13:30,242 --> 00:13:30,910
PREVENT DISPLACEMENT OR ALLOW  

362
00:13:30,910 --> 00:13:33,379
PEOPLE TO MOVE BACK TO THE C.D. 

363
00:13:33,379 --> 00:13:36,015
THIS IS A POLICY I FEEL STRONGL 

364
00:13:36,015 --> 00:13:39,385
ABOUT AND WORKED ON BEFORE I WA 

365
00:13:39,385 --> 00:13:42,855
HERE, BACK WHEN I WAS THERE. AN 

366
00:13:42,855 --> 00:13:46,392
IT IS HEARTENING TO SEE HOW THI 

367
00:13:46,392 --> 00:13:47,426
POLICY IS COMING INTO PLAY. I'M 

368
00:13:47,426 --> 00:13:51,130
VERY CURIOUS TO SEE HOW THIS 

369
00:13:51,130 --> 00:13:53,666
CONTINUES TO WORK. THESE TWO  

370
00:13:53,666 --> 00:13:54,667
ADJACENT BUILDINGS PROVIDE WORK 

371
00:13:54,667 --> 00:13:58,571
HOUSE HOUSING AS WELL AS GROUND 

372
00:13:58,571 --> 00:14:01,073
FLOOR RETAIL, SO CAT FISH  

373
00:14:01,073 --> 00:14:02,942
CORNER, WHOSE OWNER YOU SEE  

374
00:14:02,942 --> 00:14:05,444
HERE, TERRELL JACKSON, HAS THE  

375
00:14:05,444 --> 00:14:08,547
NICE CORNER SPOT. AND I THINK  

376
00:14:08,547 --> 00:14:10,316
THIS PRESENTATION IS MY FAVORIT 

377
00:14:10,316 --> 00:14:11,817
SLIDE IN THIS PRESENTATION  

378
00:14:11,817 --> 00:14:15,588
BECAUSE IT'S A COMMUNITY  

379
00:14:15,588 --> 00:14:16,322
ANCHORING AND COMMUNITY BUILDIN 

380
00:14:16,322 --> 00:14:16,889
DEVELOPMENT PROJECT. THE  

381
00:14:16,889 --> 00:14:18,457
RESIDENTS WHO GET TO LIVE IN 

382
00:14:18,457 --> 00:14:20,159
THAT BUILDING GET TO BENEFIT 

383
00:14:20,159 --> 00:14:21,927
FROM THE HOUSING, BUT SO DOES 

384
00:14:21,927 --> 00:14:24,096
THE ENTIRE NEIGHBORHOOD BY 

385
00:14:24,096 --> 00:14:26,131
HAVING THE TYPES OF COMMERCIAL 

386
00:14:26,131 --> 00:14:27,466
SPACE ACTIVITY THAT REALLY 

387
00:14:27,466 --> 00:14:33,439
BENEFITS THEM. FOR ME, THIS SOR 

388
00:14:33,439 --> 00:14:35,674
OF PROJECT IS REALLY EXCITING. 

389
00:14:35,674 --> 00:14:37,243
SO, THIS PROPOSAL HAS BEEN 13 

390
00:14:37,243 --> 00:14:39,111
MONTHS IN THE MAKING FROM 

391
00:14:39,111 --> 00:14:42,715
FEBRUARY 2022, WHICH IS BEFORE  

392
00:14:42,715 --> 00:14:44,450
GOT HERE, TO MARCH OF 2023. I'M 

393
00:14:44,450 --> 00:14:47,319
GOING TO WALK US THROUGH A VERY 

394
00:14:47,319 --> 00:14:48,554
QUICK SUMMARY OF THAT YEARLONG  

395
00:14:48,554 --> 00:14:53,192
PROCESS. YO U CAN REVIEW A MORE 

396
00:14:53,192 --> 00:14:54,393
DETAILED ENGAGEMENT COMPLETED I 

397
00:14:54,393 --> 00:14:55,261
THE COMMUNITY ENGAGEMENT REPORT 

398
00:14:55,261 --> 00:15:01,033
LINKED ON THE OFFICE OF 

399
00:15:01,033 --> 00:15:04,203
HOUSING'S LEVY WEBSITE. SO, FRO 

400
00:15:04,203 --> 00:15:06,705
FEBRUARY TO JULY, STAFF CONVENE 

401
00:15:06,705 --> 00:15:10,109
TEN MEETINGS WITH AFFORDABLE  

402
00:15:10,109 --> 00:15:13,479
HOUSING STAKE HOLDERS, THE  

403
00:15:13,479 --> 00:15:15,714
PURPOSE OF THIS ENGAGEMENT WAS  

404
00:15:15,714 --> 00:15:18,050
TO UNDERSTAND THE NEEDS  

405
00:15:18,050 --> 00:15:21,220
CURRENTLY FACED BY HOUSING  

406
00:15:21,220 --> 00:15:23,455
PROVIDERS. FOLLOWING THIS EARLY 

407
00:15:23,455 --> 00:15:25,557
ENGAGEMENT, THEY ANALYZED THE  

408
00:15:25,557 --> 00:15:26,725
FEEDBACK RECEIVED. THE INITIAL  

409
00:15:26,725 --> 00:15:28,394
HOUSING LEVY PROPOSAL PUBLISHED 

410
00:15:28,394 --> 00:15:30,296
IN OCTOBER, THEN OH STAFF LOGGE 

411
00:15:30,296 --> 00:15:30,963
HUNDREDS MORE COMMENTS THROUGH  

412
00:15:30,963 --> 00:15:34,433
FOCUS GROUPS AS WELL AS MEETING 

413
00:15:34,433 --> 00:15:35,601
AND EVENTS WITH AGENCIES BOTH 

414
00:15:35,601 --> 00:15:38,637
INTERNAL AND EXTERNAL TO THE 

415
00:15:38,637 --> 00:15:40,539
CITY. IN TOTAL, STAFFING MEMBER 

416
00:15:40,539 --> 00:15:42,908
OF THE PUBLIC REPRESENTING 49 

417
00:15:42,908 --> 00:15:43,542
ORGANIZATIONS WERE ENGAGED AND 

418
00:15:43,542 --> 00:15:46,445
38 FORMAL PUBLIC COMMENTS WERE 

419
00:15:46,445 --> 00:15:48,580
RECEIVED THROUGH IN-PERSON AND 

420
00:15:48,580 --> 00:15:51,283
VIRTUAL TESTIMONY AT HOUSING 

421
00:15:51,283 --> 00:15:52,685
LEVY TECHNICAL ADVISORY 

422
00:15:52,685 --> 00:15:57,056
COMMITTEE AS WELL AS WRITTEN 

423
00:15:57,056 --> 00:15:58,223
COMMENTS RECEIVED VIA E-MAIL. S 

424
00:15:58,223 --> 00:16:01,760
THIS SLIDE SHOWS THE PROCESS FO 

425
00:16:01,760 --> 00:16:03,796
DEVELOPING AND REVISING THE 

426
00:16:03,796 --> 00:16:05,998
HOUSING LEVY PROPOSAL. FROM  

427
00:16:05,998 --> 00:16:08,267
OCTOBER TO JANUARY, OH CONVENED 

428
00:16:08,267 --> 00:16:11,170
THREE MEETINGS OF THE TALK TO  

429
00:16:11,170 --> 00:16:14,573
PROVIDE FEEDBACK THROUGH A  

430
00:16:14,573 --> 00:16:16,542
COLLABORATIVE AND RESPONSIVE 

431
00:16:16,542 --> 00:16:17,910
PROPOSAL REVISION PROCESS. THE  

432
00:16:17,910 --> 00:16:19,445
TALK BROUGHT TOGETHER 20 

433
00:16:19,445 --> 00:16:20,346
TECHNICAL AND SUBJECT MATTER 

434
00:16:20,346 --> 00:16:22,481
EXPERTS IN THE HOUSING AND 

435
00:16:22,481 --> 00:16:24,516
HOMELESSNESS FIELDS TO CONSIDER 

436
00:16:24,516 --> 00:16:25,651
DIFFERENT INVESTMENT AND PROGRA 

437
00:16:25,651 --> 00:16:28,554
OPTIONS FOR THE HOUSING LEVY 

438
00:16:28,554 --> 00:16:30,422
PROPOSAL. TALK MEETINGS WERE  

439
00:16:30,422 --> 00:16:33,392
OPEN TO THE PUBLIC AND INCLUDE  

440
00:16:33,392 --> 00:16:34,093
PUBLIC COMMENT. CONCURRENT WITH 

441
00:16:34,093 --> 00:16:36,328
THE TALK PROCESS, WE HAD A  

442
00:16:36,328 --> 00:16:37,129
PUBLIC COMMENT PERIOD FROM  

443
00:16:37,129 --> 00:16:38,964
OCTOBER TO JANUARY AND HOSTED A 

444
00:16:38,964 --> 00:16:40,632
SERIES OF IN-PERSON AND VIRTUAL 

445
00:16:40,632 --> 00:16:44,136
OPEN HOUSES FOR COMMUNITY TO  

446
00:16:44,136 --> 00:16:46,472
LEARN ABOUT THE LEVY. IN THE  

447
00:16:46,472 --> 00:16:49,875
END, THIS IS NOT JUST MAYOR  

448
00:16:49,875 --> 00:16:56,315
HERBOLD'S PROPOSAL. THIS IS OUR 

449
00:16:56,315 --> 00:16:57,583
COMMUNITY'S PROPOSAL INFORMED B 

450
00:16:57,583 --> 00:16:58,951
PRIORITIES. SO THIS SLIDE  

451
00:16:58,951 --> 00:17:01,754
SUMMARIZES ALL THE CONDITIONS W 

452
00:17:01,754 --> 00:17:02,521
CONSIDERED WHEN DEVELOPING THIS 

453
00:17:02,521 --> 00:17:04,323
PROPOSAL. STARTING AT THE TOP  

454
00:17:04,323 --> 00:17:07,226
TWO BOXES. THE CRITICAL NEED FO 

455
00:17:07,226 --> 00:17:09,895
OPERATING MAINTENANCE AND  

456
00:17:09,895 --> 00:17:11,196
SERVICES WHICH WE CALL OMS FUND 

457
00:17:11,196 --> 00:17:13,665
ARE ONE OF THE MOST FREQUENTLY  

458
00:17:13,665 --> 00:17:16,168
SITED NEEDS WE HEARD FROM  

459
00:17:16,168 --> 00:17:17,202
AFFORDABLE HOUSING PROVIDERS  

460
00:17:17,202 --> 00:17:18,670
THROUGH OUR YEAR. THESE FUNDS  

461
00:17:18,670 --> 00:17:20,773
ARE NEEDED TO SUPPORT EXISTING  

462
00:17:20,773 --> 00:17:22,875
AND NEW HOUSING WHILE ADDING  

463
00:17:22,875 --> 00:17:26,045
SUPPORT FOR WORK FORCE  

464
00:17:26,045 --> 00:17:26,612
STAINABILITY AND PERMANENT 

465
00:17:26,612 --> 00:17:27,446
SUPPORT HOUSING. ON THAT SAME  

466
00:17:27,446 --> 00:17:30,783
LEVEL, WE HAVE THE GROWING NEED 

467
00:17:30,783 --> 00:17:31,784
FOR AFFORDABLE HOUSING CITY  

468
00:17:31,784 --> 00:17:32,818
WIDE. GIVEN THE STAGGERING  

469
00:17:32,818 --> 00:17:34,186
NUMBERS WE PRESENTED A COUPLE  

470
00:17:34,186 --> 00:17:36,455
WEEKS AGO, WE KNEW WE NEEDED TO 

471
00:17:36,455 --> 00:17:39,858
INCREASE OUR HOUSING PRODUCTION 

472
00:17:39,858 --> 00:17:41,527
GOALS WITH THIS LEVY PROPOSAL. 

473
00:17:41,527 --> 00:17:43,495
GOING ONE STEP DOWN, THE ORANGE 

474
00:17:43,495 --> 00:17:48,367
BOX SAYS NEW PROGRAMMING AND 

475
00:17:48,367 --> 00:17:49,768
INNOVATION, WHICH ENCOMPASSES  

476
00:17:49,768 --> 00:17:51,103
BUILDING FOR THE FUTURE,  

477
00:17:51,103 --> 00:17:51,904
IMPROVING ENVIRONMENTAL AIR  

478
00:17:51,904 --> 00:17:54,039
QUALITY, AND INVESTING IN WORK  

479
00:17:54,039 --> 00:17:55,474
FORCE STABILIZATION. THIS IS AL 

480
00:17:55,474 --> 00:17:56,909
PART OF THE CONTINUOUS 

481
00:17:56,909 --> 00:17:58,410
IMPROVEMENT WE STRIVE FOR AT TH 

482
00:17:58,410 --> 00:18:00,045
OFFICE OF HOUSING. AND THERE IN 

483
00:18:00,045 --> 00:18:03,615
THE GREEN BOX, WE HAVE OTHER  

484
00:18:03,615 --> 00:18:05,050
PUBLIC FUNDS. THIS REFERS TO  

485
00:18:05,050 --> 00:18:08,053
AVAILABILITY OF OTHER FUNDING  

486
00:18:08,053 --> 00:18:10,355
SOURCES, AS WELL AS TAX CREDIT, 

487
00:18:10,355 --> 00:18:12,424
OTHER CITY RESOURCES, FOR  

488
00:18:12,424 --> 00:18:13,725
EXAMPLE, THE JUMP START PAYROLL 

489
00:18:13,725 --> 00:18:16,595
EXPENSE TAX AND THE RESOURCES  

490
00:18:16,595 --> 00:18:19,798
GENERATED FROM THE MANDATORY  

491
00:18:19,798 --> 00:18:20,833
HOUSING AFFORDABLE PROGRAMMING. 

492
00:18:20,833 --> 00:18:22,067
FINALLY, ACROSS THE BOTTOM, 

493
00:18:22,067 --> 00:18:24,803
UNDERLYING THE OTHER 

494
00:18:24,803 --> 00:18:25,971
CONSIDERATIONS, WE HAVE COST 

495
00:18:25,971 --> 00:18:27,973
DRIVES, INCLUDING LAND AND 

496
00:18:27,973 --> 00:18:28,907
CONSTRUCTION COSTS AND INTEREST 

497
00:18:28,907 --> 00:18:35,414
RATES, WHICH WE'RE FAMILIAR AND 

498
00:18:35,414 --> 00:18:36,548
SEEN IMPACTS. WE SET HOUSING  

499
00:18:36,548 --> 00:18:38,183
LEVY GOALS TO BE HONEST AND  

500
00:18:38,183 --> 00:18:39,151
ACCOUNTABLE WITH THE VOTERS AND 

501
00:18:39,151 --> 00:18:40,886
WE ALWAYS STRIVE TO DO MORE WIT 

502
00:18:40,886 --> 00:18:42,554
OUR HOUSING TEAM WORKING AS HAR 

503
00:18:42,554 --> 00:18:44,423
AS POSSIBLE TO MAXIMIZE THE MAN 

504
00:18:44,423 --> 00:18:46,725
FUNDS SOURCES WE HAVE TO SUPPOR 

505
00:18:46,725 --> 00:18:50,729
PROJECT DEVELOPMENT AND THE  

506
00:18:50,729 --> 00:18:51,897
OPERATIONS AND STRETCH OUR  

507
00:18:51,897 --> 00:18:52,564
DOLLARS FURTHER. THIS PROPOSAL  

508
00:18:52,564 --> 00:18:55,234
PRESENTS THE MINIMUM WE CAN  

509
00:18:55,234 --> 00:18:56,401
ACHIEVE AT THIS FUNDING LEVEL. 

510
00:18:56,401 --> 00:18:58,003
AS WE HAVE DONE WITH EVERY PAST 

511
00:18:58,003 --> 00:18:59,505
LEVY, WE'LL WORK HARD TO BUILD 

512
00:18:59,505 --> 00:19:01,673
AND OPERATE AS MUCH HOUSING AS 

513
00:19:01,673 --> 00:19:06,745
WE CAN. WE'RE LOOKING AT ALL TH 

514
00:19:06,745 --> 00:19:08,714
THINGS THAT PLAY INTO OUR  

515
00:19:08,714 --> 00:19:09,882
INVESTMENTS. WE CONTINUE TO  

516
00:19:09,882 --> 00:19:12,184
WORK, TO BRING MORE RESOURCES  

517
00:19:12,184 --> 00:19:13,752
AND COLLABORATION WITH OUR  

518
00:19:13,752 --> 00:19:15,921
FEDERAL PARTNERS, ENSURING EACH 

519
00:19:15,921 --> 00:19:18,056
HOME LIVES UP TO ITS POTENTIAL. 

520
00:19:18,056 --> 00:19:21,426
WE LOOK TO DECREASE CONSTRUCTIO 

521
00:19:21,426 --> 00:19:23,695
COSTS AND TO INNOVATE. THESE  

522
00:19:23,695 --> 00:19:24,429
INNOVATIONS ARE IMPROVEMENTS AN 

523
00:19:24,429 --> 00:19:27,566
COME FROM WHAT WE LEARN FROM OU 

524
00:19:27,566 --> 00:19:29,301
PARTNERS, SOME WHOM OWNED AND  

525
00:19:29,301 --> 00:19:30,636
OPERATED THEIR UNITS FOR  

526
00:19:30,636 --> 00:19:32,070
DECADES. WE'RE ALSO LOOKING FOR 

527
00:19:32,070 --> 00:19:33,305
ENHANCED EFFICIENCY AND  

528
00:19:33,305 --> 00:19:36,475
PERMITTING AS WELL AS PROCESS  

529
00:19:36,475 --> 00:19:38,577
IMPROVEMENTS AND REGULATORY  

530
00:19:38,577 --> 00:19:40,279
REFORM, INCLUDING REDUCING  

531
00:19:40,279 --> 00:19:41,880
PERMITTING TIMES, BECAUSE IT  

532
00:19:41,880 --> 00:19:43,348
LOWERS COSTS. AS WE IMPROVE OUR 

533
00:19:43,348 --> 00:19:45,317
EFFICIENCY, WE ALSO WANT TO MAK 

534
00:19:45,317 --> 00:19:46,652
SURE WE'RE NOT COMPROMISING ON  

535
00:19:46,652 --> 00:19:52,191
THE QUALITY OF OUR HOMES OR THE 

536
00:19:52,191 --> 00:19:52,891
HEALTH OF OUR RESIDENTS. I'M  

537
00:19:52,891 --> 00:19:54,426
GOING TO WRAP UP THIS SECTION  

538
00:19:54,426 --> 00:19:58,530
WITH THE VALUES AND PRINCIPLES  

539
00:19:58,530 --> 00:19:59,131
DRIVING THIS PROPOSAL. THE  

540
00:19:59,131 --> 00:20:01,033
HOUSING LEVY SHOULD GROW TO 

541
00:20:01,033 --> 00:20:02,100
RESPOND TO INCREASED HOUSING 

542
00:20:02,100 --> 00:20:04,236
COSTS, THE GROWING NEEDS OF OUR 

543
00:20:04,236 --> 00:20:06,972
COMMUNITY, AND MEET THE DEMANDS 

544
00:20:06,972 --> 00:20:09,474
OF THIS MOMENT. THE HOUSING LEV 

545
00:20:09,474 --> 00:20:12,277
SHOULD CONTINUE TO DELIVER  

546
00:20:12,277 --> 00:20:12,911
DIVERSE, AFFORDABLE HOUSING  

547
00:20:12,911 --> 00:20:14,046
OPTIONS WHILE PRIORITIZING  

548
00:20:14,046 --> 00:20:16,582
HOUSEHOLDS AT THE LOWEST INCOME 

549
00:20:16,582 --> 00:20:17,916
AND THE HIGHEST NEEDS. IN THE 

550
00:20:17,916 --> 00:20:19,318
HOUSING LEVY SHOULD CONTINUE TO 

551
00:20:19,318 --> 00:20:20,786
SUPPORT BUILDINGS AS WELL AS TH 

552
00:20:20,786 --> 00:20:25,490
PEOPLE WHO WORK HARD TO MAKE  

553
00:20:25,490 --> 00:20:27,826
THOSE BUILDINGS INTO SAFE,  

554
00:20:27,826 --> 00:20:30,929
HEALTHY HOMES. STAFF WORKED  

555
00:20:30,929 --> 00:20:33,465
TOGETHER TO DEVELOP THIS  

556
00:20:33,465 --> 00:20:34,366
PROPOSAL, CONDUCTING RESEARCH,  

557
00:20:34,366 --> 00:20:36,468
ANALYZING DATA, LEARNING FROM  

558
00:20:36,468 --> 00:20:37,035
PROVIDERS AND OTHER  

559
00:20:37,035 --> 00:20:41,340
JURISDICTIONS, AND I WANT TO  

560
00:20:41,340 --> 00:20:42,908
PERSONALLY THANK THE TEAM FOR  

561
00:20:42,908 --> 00:20:43,976
ALL THE WORK GOING FORWARD,  

562
00:20:43,976 --> 00:20:46,511
BECAUSE THERE WILL BE MUCH WORK 

563
00:20:46,511 --> 00:20:48,213
FOR THEM GOING FORWARD WITH  

564
00:20:48,213 --> 00:20:52,684
THIS. OH EXPRESSES OUR 

565
00:20:52,684 --> 00:20:55,120
GRATITUDE, AND FOR THOSE WHO 

566
00:20:55,120 --> 00:20:55,988
IMPLEMENT OUR WORKING COMMUNITY 

567
00:20:55,988 --> 00:20:57,589
FINALLY, I WANT TO RECOGNIZE 

568
00:20:57,589 --> 00:21:01,660
ONCE AGAIN THAT THIS PROPOSAL 

569
00:21:01,660 --> 00:21:03,695
REPRESENTS INVESTMENTS IN PEOPL 

570
00:21:03,695 --> 00:21:05,430
AND HOMES. THOSE 16,000  

571
00:21:05,430 --> 00:21:08,834
RESIDENTS OF LEVY FUNDED HOMES  

572
00:21:08,834 --> 00:21:10,535
MENTIONED EARLIER, THAT 16,000  

573
00:21:10,535 --> 00:21:11,336
CHILDREN, SIBLING, PARENTS,  

574
00:21:11,336 --> 00:21:11,970
GRANDPARENTS, NEIGHBORS, AND  

575
00:21:11,970 --> 00:21:13,572
COMMUNITY MEMBERS. THEY ARE THE 

576
00:21:13,572 --> 00:21:15,374
PEOPLE THAT GO TO SCHOOL WITH  

577
00:21:15,374 --> 00:21:17,242
YOUR KIDS, THEY ARE THE PEOPLE  

578
00:21:17,242 --> 00:21:18,844
THAT HELP YOUR FAMILIES FUNCTIO 

579
00:21:18,844 --> 00:21:23,448
IN THE DAY-TO-DAY. THEY ARE THE 

580
00:21:23,448 --> 00:21:24,516
PEOPLE WHO GET YOUR COFFEE, THE 

581
00:21:24,516 --> 00:21:27,119
TAKE CARE OF YOUR KIDS AND  

582
00:21:27,119 --> 00:21:29,021
ELDERS. ALL OF THESE PEOPLE ARE 

583
00:21:29,021 --> 00:21:30,956
LIVING IN SAFE, STABLE HOUSING  

584
00:21:30,956 --> 00:21:34,493
THAT THEY CAN AFFORD, THANKS TO 

585
00:21:34,493 --> 00:21:35,160
THE SEATTLE HOUSING LEVY. OKAY. 

586
00:21:35,160 --> 00:21:36,795
NOW I'M GOING TO GIVE AN 

587
00:21:36,795 --> 00:21:41,767
OVERVIEW OF THE 2023 HOUSING 

588
00:21:41,767 --> 00:21:43,068
LEVY PROPOSAL. I'M GOING TO  

589
00:21:43,068 --> 00:21:45,203
START WITH A HIGH LEVEL SUMMARY 

590
00:21:45,203 --> 00:21:46,938
OF PROPOSED PROGRAM ALLOCATIONS 

591
00:21:46,938 --> 00:21:48,607
AND HAND IT OVER TO KELLI, WHO  

592
00:21:48,607 --> 00:21:51,376
IS REALLY THE WIZARD BEHIND THE 

593
00:21:51,376 --> 00:21:54,246
CURTAIN HERE. TO DISCUSS THE  

594
00:21:54,246 --> 00:21:56,148
DETAILS OF EACH PROGRAM PROPOSA 

595
00:21:56,148 --> 00:21:57,716
AND THE ASUPLSS THAT WENT INTO  

596
00:21:57,716 --> 00:22:00,519
THE BUILDING OF THESE PROGRAMS  

597
00:22:00,519 --> 00:22:06,258
AND RELATED GOALS. SO, WE ARE  

598
00:22:06,258 --> 00:22:09,828
PROPOSING A $970 MILLION LEVY  

599
00:22:09,828 --> 00:22:10,796
OVER SEVEN YEARS. THIS RESULTS  

600
00:22:10,796 --> 00:22:13,965
IN A 45-CENT TAX RATE WITH  

601
00:22:13,965 --> 00:22:15,834
ANNUAL IMPACT OF $383 FOR THE  

602
00:22:15,834 --> 00:22:19,337
OWNER OF A MEDIAN VALUED HOME. 

603
00:22:19,337 --> 00:22:22,908
WE ARE INVESTING $707 MILLION I 

604
00:22:22,908 --> 00:22:23,742
RENTAL PRODUCTION AND 

605
00:22:23,742 --> 00:22:24,543
PRESERVATION. THIS IS OUR  

606
00:22:24,543 --> 00:22:27,979
LARGEST INVESTMENT AREA IN THE  

607
00:22:27,979 --> 00:22:33,085
MAJORITY OF THE WORK AT OH. WE  

608
00:22:33,085 --> 00:22:34,986
ARE PROPOSING $122 MILLION FOR  

609
00:22:34,986 --> 00:22:35,954
OPERATING MAINTENANCE AND 

610
00:22:35,954 --> 00:22:38,090
SERVICES TO SUPPORT THAT RENTAL 

611
00:22:38,090 --> 00:22:39,524
HOUSING. THIS IS THE NEXT  

612
00:22:39,524 --> 00:22:42,027
LARGEST PROGRAM AREA OF THE LEV 

613
00:22:42,027 --> 00:22:44,763
AT 13% OF TOTAL PROGRAM  

614
00:22:44,763 --> 00:22:47,232
INVESTMENTS. WE ARE INCREASING 

615
00:22:47,232 --> 00:22:47,833
OUR HOMEOWNERSHIP INVESTMENTS 

616
00:22:47,833 --> 00:22:48,567
SIGNIFICANTLY TO $51 MILLION. 

617
00:22:48,567 --> 00:22:52,404
MORE THAN FIVE TIMES THE PRIOR 

618
00:22:52,404 --> 00:22:53,772
ALLOCATION. AND WE'RE PROPOSING 

619
00:22:53,772 --> 00:22:57,375
$30 MILLION TO FUND EVICTION  

620
00:22:57,375 --> 00:22:57,943
PREVENTION, HOMELESSNESS  

621
00:22:57,943 --> 00:22:58,643
PREVENTION, AND HOUSING  

622
00:22:58,643 --> 00:23:00,278
STABILITY SERVICES. WE ALSO PLA 

623
00:23:00,278 --> 00:23:01,513
TO ADMINISTER THE ACQUISITION  

624
00:23:01,513 --> 00:23:03,749
LOAN PROGRAM WITH UP TO $30  

625
00:23:03,749 --> 00:23:07,018
MILLION BORROWED FROM FUTURE  

626
00:23:07,018 --> 00:23:09,287
YEARS OF THE OMS PROGRAM. 

627
00:23:09,287 --> 00:23:14,159
FINALLY, WE'RE PROPOSING $60  

628
00:23:14,159 --> 00:23:17,329
MILLION FOR ADMINISTRATION. 

629
00:23:17,329 --> 00:23:22,634
KELLI, I'M TURNING IT OVER TO  

630
00:23:22,634 --> 00:23:24,903
YOU AT THIS POINT. 

631
00:23:24,903 --> 00:23:29,307
>> IS KELLI FROZEN ON YOUR END? 

632
00:23:29,307 --> 00:23:31,042
OH, DIRECTOR, NOW I THINK YOU'R 

633
00:23:31,042 --> 00:23:31,309
ON MUTE. 

634
00:23:31,309 --> 00:23:34,913
>> IT LOOKS TO ME LIKE KELLI IS 

635
00:23:34,913 --> 00:23:36,314
FROZEN. SHE IS NOT BLINKING AT  

636
00:23:36,314 --> 00:23:37,249
ALL. HOLD ON A SECOND. 

637
00:23:37,249 --> 00:23:42,053
>> I JUST NOTICED THAT, TOO. 

638
00:23:42,053 --> 00:23:43,221
OKAY, GREAT. HAPPY TO HAVE YOU  

639
00:23:43,221 --> 00:23:44,990
KICK IT OFF FOR HER IF YOU'D  

640
00:23:44,990 --> 00:23:47,826
LIKE. I CAN ALSO PAUSE TO SEE I 

641
00:23:47,826 --> 00:23:49,528
THERE'S ANY QUESTIONS FROM 

642
00:23:49,528 --> 00:23:52,130
COLLEAGUES. I THINK KELLI IS 

643
00:23:52,130 --> 00:23:55,967
JOINING BACK IN. I WILL SAY  

644
00:23:55,967 --> 00:23:57,636
THANK YOU FOR THE PAGE NUMBERS. 

645
00:23:57,636 --> 00:24:00,205
I CAN SEE THOSE CLEARLY AT THE 

646
00:24:00,205 --> 00:24:06,812
BOTTOM. WE'LL TAKE A QUESTION  

647
00:24:06,812 --> 00:24:08,980
FROM COUNCIL MEMBER PEDERSEN. 

648
00:24:08,980 --> 00:24:09,347
GOOD MORNING. 

649
00:24:09,347 --> 00:24:10,515
>> THANK YOU. YEAH, JUST FOR  

650
00:24:10,515 --> 00:24:14,820
SOME OF THE SLIDES THAT WE'VE  

651
00:24:14,820 --> 00:24:15,687
ALREADY GONE THROUGH. ONE MOMEN 

652
00:24:15,687 --> 00:24:16,421
HERE. FIRST OF ALL, THANK YOU 

653
00:24:16,421 --> 00:24:19,224
FOR ALL THE WORK THAT HAS BEEN  

654
00:24:19,224 --> 00:24:23,495
DONE ON THIS PROPOSAL FOR GOING 

655
00:24:23,495 --> 00:24:25,931
OVER THAT HISTORY OF THE SINKIN 

656
00:24:25,931 --> 00:24:28,500
AND OUTREACH THAT HAS BEEN DONE 

657
00:24:28,500 --> 00:24:29,768
I THINK THE EXECUTIVE BRANCH HA 

658
00:24:29,768 --> 00:24:34,306
BEEN WORKING ON THIS FOR A LONG 

659
00:24:34,306 --> 00:24:35,340
TIME. IT'S RELATIVELY NEW FOR 

660
00:24:35,340 --> 00:24:37,375
COUNCIL MEMBERS WHO JUST 

661
00:24:37,375 --> 00:24:38,910
RECENTLY GOT THE DETAILS. SO  

662
00:24:38,910 --> 00:24:41,813
APPRECIATE YOUR GRACE AND AS 

663
00:24:41,813 --> 00:24:42,514
WE'RE ASKING QUESTIONS AND 

664
00:24:42,514 --> 00:24:44,649
SEEKING MORE INFORMATION, I KNO 

665
00:24:44,649 --> 00:24:46,718
MANY OF MY CONSTITUENTS REMAIN 

666
00:24:46,718 --> 00:24:48,653
CONCERNED ABOUT THE STICKER 

667
00:24:48,653 --> 00:24:51,223
SHOCK WHEN SEEING A POTENTIAL 

668
00:24:51,223 --> 00:24:53,491
TRIPLING OF THIS PARTICULAR 

669
00:24:53,491 --> 00:24:54,159
PROPERTY TAX. THE TECHNICAL  

670
00:24:54,159 --> 00:24:56,228
ADVISORY COMMITTEE, CAN YOU GIV 

671
00:24:56,228 --> 00:25:00,966
US MORE INFORMATION ABOUT WHO  

672
00:25:00,966 --> 00:25:05,136
SERVED ON THAT? ARE THEY  

673
00:25:05,136 --> 00:25:07,672
ORGANIZATIONS THAT CURRENTLY  

674
00:25:07,672 --> 00:25:08,940
RECEIVE LEVY DOLLARS? 

675
00:25:08,940 --> 00:25:12,110
>> WE HAD A BIT OF CROSS SECTOR 

676
00:25:12,110 --> 00:25:14,946
PARTICIPATION IN THE TECHNICAL 

677
00:25:14,946 --> 00:25:18,483
ADVISORY COMMITTEE, IT INCLUDED 

678
00:25:18,483 --> 00:25:21,152
ACADEMICS, NONPROFIT HOUSING 

679
00:25:21,152 --> 00:25:22,087
PROVIDERS, PARTNER FUNDERS, AND 

680
00:25:22,087 --> 00:25:22,554
PRIVATE PHILANTHROPY. 

681
00:25:22,554 --> 00:25:23,889
>> I BELIEVE YOU ALSO HAD 

682
00:25:23,889 --> 00:25:28,293
MEMBERS OF THE LABOR COMMUNITY 

683
00:25:28,293 --> 00:25:28,527
THERE? 

684
00:25:28,527 --> 00:25:29,261
>> CORRECT. THANK YOU. 

685
00:25:29,261 --> 00:25:31,029
>> AND FINANCING INSTITUTIONS O 

686
00:25:31,029 --> 00:25:31,263
BANKS. 

687
00:25:31,263 --> 00:25:36,234
>> AND I THINK WE SAW A SLIDE I 

688
00:25:36,234 --> 00:25:40,272
LAST PRESENTATION CATEGORIZED B 

689
00:25:40,272 --> 00:25:40,972
SECTOR, IF I'M NOT 

690
00:25:40,972 --> 00:25:41,339
MISREMEMBERING? 

691
00:25:41,339 --> 00:25:43,541
>> YES, WE HAPPEN TO SHARE THE 

692
00:25:43,541 --> 00:25:43,742
LIST. 

693
00:25:43,742 --> 00:25:47,279
>> WE'LL GRAB THAT AND WE'LL 

694
00:25:47,279 --> 00:25:49,281
CIRCULATE THAT AROUND. COUNCIL  

695
00:25:49,281 --> 00:25:49,948
MEMBER PEDERSEN, GO AHEAD. 

696
00:25:49,948 --> 00:25:51,249
>> THE REASON I ASK, WHAT WE 

697
00:25:51,249 --> 00:25:53,852
HAVE SEEN WITH OTHER GROUPS WHO 

698
00:25:53,852 --> 00:25:54,486
ARE PASSIONATE ABOUT A 

699
00:25:54,486 --> 00:25:59,691
PARTICULAR ISSUE AND THEY MAY B 

700
00:25:59,691 --> 00:26:01,660
RECEIVING FUNDS FROM THAT 

701
00:26:01,660 --> 00:26:03,962
SOURCE, THE GROUP TENDS TO MOVE 

702
00:26:03,962 --> 00:26:05,730
TOWARD A HIGHER PRICE TAG AND A 

703
00:26:05,730 --> 00:26:07,299
MORE FUNDING FROM THE SOURCE. I 

704
00:26:07,299 --> 00:26:12,971
WAS JUST TRYING TO GET A BETTER 

705
00:26:12,971 --> 00:26:13,905
UNDERSTANDING OF THE COSTS AND  

706
00:26:13,905 --> 00:26:17,108
SO THAT I CAN EXPLAIN WHY THE  

707
00:26:17,108 --> 00:26:21,179
NUMBERS ARE SO HIGH. WE KNOW TH 

708
00:26:21,179 --> 00:26:22,380
CONSTRUCTION COSTS HAVE GONE UP 

709
00:26:22,380 --> 00:26:24,282
I THINK ON SLIDE EIGHT, YOU WER 

710
00:26:24,282 --> 00:26:28,119
TALKING ABOUT SOME OF THESE 

711
00:26:28,119 --> 00:26:30,121
DRIVERS. IN TERMS OF BRINGING  

712
00:26:30,121 --> 00:26:33,658
COSTS DOWN, HAVING A GREATER  

713
00:26:33,658 --> 00:26:35,193
DIVERSITY OF HOUSING TYPE. I  

714
00:26:35,193 --> 00:26:36,595
VISITED VANCOUVER B.C. BACK IN 

715
00:26:36,595 --> 00:26:38,897
2019 TO LOOK AT THEIR EFFORTS T 

716
00:26:38,897 --> 00:26:41,333
REDUCE HOMELESSNESS, AND THEY D 

717
00:26:41,333 --> 00:26:44,603
A LOT OF MANUFACTURE AND MODULA 

718
00:26:44,603 --> 00:26:47,005
HOUSING. IT'S VERY HIGH QUALITY 

719
00:26:47,005 --> 00:26:49,741
CAN'T TELL THE DIFFERENCE FROM 

720
00:26:49,741 --> 00:26:52,110
TRADITIONAL CONSTRUCTION. SO WA 

721
00:26:52,110 --> 00:26:54,646
THERE ANY THOUGHT OF DOING,  

722
00:26:54,646 --> 00:26:56,047
ALLOWING FOR SOME MANUFACTURED  

723
00:26:56,047 --> 00:26:59,517
AND MODULAR HOUSING THAT IS HIG 

724
00:26:59,517 --> 00:27:01,186
QUALITY LIKE THAT IN VANCOUVER  

725
00:27:01,186 --> 00:27:02,821
B.C.? BECAUSE THAT BRINGS THE  

726
00:27:02,821 --> 00:27:05,724
COST DOWN. IT CUTS THE COST IN  

727
00:27:05,724 --> 00:27:07,959
HALF, SO YOU COULD PRODUCE TWIC 

728
00:27:07,959 --> 00:27:10,428
AS MANY UNITS WITH THESE  

729
00:27:10,428 --> 00:27:10,895
DOLLARS, POTENTIALLY. 

730
00:27:10,895 --> 00:27:12,430
>> COUNCIL MEMBER, I CAN TALK A 

731
00:27:12,430 --> 00:27:16,368
LITTLE BIT TO THAT. WHEN WE DID 

732
00:27:16,368 --> 00:27:18,303
OUR PERMANENT SUPPORTIVE  

733
00:27:18,303 --> 00:27:19,671
HOUSING, SORRY, WE ARE SHIFTING 

734
00:27:19,671 --> 00:27:22,073
AND ADJUSTING AS WE DO THIS. IF 

735
00:27:22,073 --> 00:27:24,075
YOU DO REMEMBER, WE HAVE DONE 

736
00:27:24,075 --> 00:27:29,914
AND WE'RE IN THE MIDDLE OF OUR 

737
00:27:29,914 --> 00:27:33,685
PILOT, WHERE WE LOOKED AT DOING 

738
00:27:33,685 --> 00:27:34,819
PANELLIZED, NOT QUITE MODULAR 

739
00:27:34,819 --> 00:27:39,858
HOUSING. THE OFFICE OF HOUSING  

740
00:27:39,858 --> 00:27:40,859
HAS DONE MODULAR HOMES BEFORE. 

741
00:27:40,859 --> 00:27:42,527
WE DID A HOMESITE PROJECT UP IN 

742
00:27:42,527 --> 00:27:47,032
THE COLUMBIA CITY AREA THAT WAS 

743
00:27:47,032 --> 00:27:48,133
MODULAR. WE'VE ALSO TALKED WITH 

744
00:27:48,133 --> 00:27:50,035
COLLEAGUES IN CALIFORNIA THAT 

745
00:27:50,035 --> 00:27:52,604
HAVE DONE SOME MODULAR HOUSING, 

746
00:27:52,604 --> 00:27:53,638
AND ALTHOUGH THIS WORKS GREAT, 

747
00:27:53,638 --> 00:27:55,273
SOME OF THE ISSUES THAT WE'VE 

748
00:27:55,273 --> 00:27:57,475
SEEN WITH SOME OF THE MODULAR 

749
00:27:57,475 --> 00:27:58,476
PROJECTS, NOT IN THIS STATE, BU 

750
00:27:58,476 --> 00:28:02,914
IN OTHER STATES IN TALKING WITH 

751
00:28:02,914 --> 00:28:07,852
DEVELOPERS OF THAT, IS ISSUES 

752
00:28:07,852 --> 00:28:08,720
AROUND LONG-TERM INSUREABILITY 

753
00:28:08,720 --> 00:28:11,423
OF THAT, AND ONE OF THE BIGGEST 

754
00:28:11,423 --> 00:28:12,691
PROJECTS THERE ENDED UP 

755
00:28:12,691 --> 00:28:14,092
INCREASING THEIR COST BY 70%, 

756
00:28:14,092 --> 00:28:16,327
BECAUSE THEY WERE HIT BY AN 

757
00:28:16,327 --> 00:28:17,395
ATMOSPHERIC RIVER. IT'S NOT 

758
00:28:17,395 --> 00:28:19,264
ANYTHING THAT WE DO -- WE ARE  

759
00:28:19,264 --> 00:28:20,665
CONSIDERING IT, WE JUST HAVE TO 

760
00:28:20,665 --> 00:28:25,837
MAKE SURE THAT IT IS RIGHT FOR  

761
00:28:25,837 --> 00:28:28,173
US. AND JUST TRYING TO GET ALL  

762
00:28:28,173 --> 00:28:29,374
THE FACTORS. IT'S NOT JUST THE  

763
00:28:29,374 --> 00:28:31,009
DEVELOPMENT OF HOUSING AT THIS  

764
00:28:31,009 --> 00:28:33,378
MOMENT, IT'S HOW ARE YOU GOING  

765
00:28:33,378 --> 00:28:36,481
TO OPERATE IT FOR 55 YEARS? 

766
00:28:36,481 --> 00:28:38,650
THAT'S A CONSIDERATION FOR ME. 

767
00:28:38,650 --> 00:28:40,518
>> ONE ADDITIONAL FOLLOW UP, AN 

768
00:28:40,518 --> 00:28:42,020
WE HAVE TWO OTHER HANDS. 

769
00:28:42,020 --> 00:28:44,055
>> I'M GOING THROUGH THE SLIDES 

770
00:28:44,055 --> 00:28:45,457
THAT HAVE BEEN PRESENTED 

771
00:28:45,457 --> 00:28:50,261
ALREADY. I THINK WE WERE UP  

772
00:28:50,261 --> 00:28:51,763
THROUGH SLIDE 12? 

773
00:28:51,763 --> 00:28:52,697
>> THAT'S CORRECT. 

774
00:28:52,697 --> 00:28:55,834
>> SO ON SLIDE 11, AND THEN I'L 

775
00:28:55,834 --> 00:28:59,504
PAUSE AND WAIT FOR THE REST OF 

776
00:28:59,504 --> 00:29:00,905
THE SLIDES. ON SLIDE 11, I  

777
00:29:00,905 --> 00:29:09,314
BELIEVE THERE WAS AN IMPACT TO 

778
00:29:09,314 --> 00:29:18,022
THE MEDIAN OWNER VALUED HOME. S 

779
00:29:18,022 --> 00:29:21,960
THAT'S $383, AND CURRENTLY, IS  

780
00:29:21,960 --> 00:29:23,895
IT $114 APPROXIMATELY? IT'S  

781
00:29:23,895 --> 00:29:26,765
GOING FROM $114 TO $383. IT'S  

782
00:29:26,765 --> 00:29:31,202
MORE THAN TRIPLING IF I HAVE MY 

783
00:29:31,202 --> 00:29:34,105
MATH RIGHT. OKAY. SO IT'S  

784
00:29:34,105 --> 00:29:35,640
HELPFUL FOR ME TO EXPLAIN WHAT  

785
00:29:35,640 --> 00:29:36,841
PEOPLE ARE DOING NOW VERSUS WHA 

786
00:29:36,841 --> 00:29:41,112
THEY WOULD HAVE TO DO IN THE  

787
00:29:41,112 --> 00:29:41,846
FUTURE. THANK YOU. 

788
00:29:41,846 --> 00:29:46,718
>> THANK YOU COUNCIL MEMBER 

789
00:29:46,718 --> 00:29:47,285
PEDERSEN. COUNCIL MEMBER  

790
00:29:47,285 --> 00:29:47,552
HERBOLD. 

791
00:29:47,552 --> 00:29:53,825
>> I, TOO, AM ONLY GOING TO ASK 

792
00:29:53,825 --> 00:29:55,927
QUESTIONS ABOUT SLIDES ALREADY  

793
00:29:55,927 --> 00:29:59,063
PRESENTED. AND RETURNING TO THE 

794
00:29:59,063 --> 00:30:01,399
SLIDE THAT DIRECTOR WINKLER-CHI 

795
00:30:01,399 --> 00:30:02,600
IDENTIFIED AS HER FAVORITE  

796
00:30:02,600 --> 00:30:07,071
SLIDE, I'M A FAN OF THAT SLIDE  

797
00:30:07,071 --> 00:30:13,344
AS WELL. AND IT SPECIFICALLY IS 

798
00:30:13,344 --> 00:30:15,413
ADDRESSING JACKSON HEIGHTS AND 

799
00:30:15,413 --> 00:30:16,214
PATRICIA KAY APARTMENTS. WITH  

800
00:30:16,214 --> 00:30:20,585
CAT FISH CORNER ON THE GROUND  

801
00:30:20,585 --> 00:30:25,456
FLOOR, IT'S A GREAT EAMPLE OF  

802
00:30:25,456 --> 00:30:25,957
COLOCATING AFFORDABLE 

803
00:30:25,957 --> 00:30:26,524
RESIDENTIAL AND AFFORDABLE 

804
00:30:26,524 --> 00:30:28,726
COMMERCIAL SPACES AND I JUST 

805
00:30:28,726 --> 00:30:31,296
WANT TO FLAG THE FACT, DIRECTOR 

806
00:30:31,296 --> 00:30:33,164
WINKLER-CHIN IS WELL AWARE. FOR 

807
00:30:33,164 --> 00:30:36,301
OTHER FOLKS, THERE'S A GROUP OF 

808
00:30:36,301 --> 00:30:39,537
STAKE HOLDERS IN MY DISTRICT, 

809
00:30:39,537 --> 00:30:41,973
HIGHLAND PARK, SPECIFICALLY, WH 

810
00:30:41,973 --> 00:30:44,475
HAVE LONG ADVOCATED FOR 

811
00:30:44,475 --> 00:30:46,911
AFFORDABLE HOUSING WITH GROUND 

812
00:30:46,911 --> 00:30:49,714
FLOOR COMMERCIAL AFFORDABLE TO 

813
00:30:49,714 --> 00:30:51,816
SMALL BUSINESS OWNERS AND 

814
00:30:51,816 --> 00:30:53,218
THERE'S A SPECIFIC PIECE OF 

815
00:30:53,218 --> 00:30:55,587
PROPERTY OWNED BY SEATTLE CITY 

816
00:30:55,587 --> 00:30:58,323
LIGHT. IT'S NOT A  

817
00:30:58,323 --> 00:31:00,925
STRAIGHTFORWARD THING TO DO, AS 

818
00:31:00,925 --> 00:31:03,428
WE KNOW, AND AS YOU DIRECTOR  

819
00:31:03,428 --> 00:31:04,896
WINKLER-CHIN HAVE EXPERIENCED  

820
00:31:04,896 --> 00:31:07,098
YOURSELF AS A COMMUNITY ADVOCAT 

821
00:31:07,098 --> 00:31:08,733
BEFORE COMING TO YOUR CURRENT  

822
00:31:08,733 --> 00:31:11,269
LEADERSHIP ROLE AT THE CITY. BU 

823
00:31:11,269 --> 00:31:13,104
SINCE YOU HIGHLIGHTED THAT 

824
00:31:13,104 --> 00:31:13,705
PARTICULAR DEVELOPMENT, I'M 

825
00:31:13,705 --> 00:31:15,640
WONDERING IF YOU COULD SPEAK A 

826
00:31:15,640 --> 00:31:18,977
LITTLE BIT TO HOW THE LEVY MAY 

827
00:31:18,977 --> 00:31:21,679
CONTEMPLATE MORE OF THIS KIND O 

828
00:31:21,679 --> 00:31:23,081
COLOCATION? WHETHER OR NOT THE  

829
00:31:23,081 --> 00:31:24,749
LEVY ITSELF SPEAKS TO THAT AND  

830
00:31:24,749 --> 00:31:30,455
WHAT PLANS WE MIGHT HAVE FOR 

831
00:31:30,455 --> 00:31:30,855
DOING MORE OF IT. 

832
00:31:30,855 --> 00:31:35,293
>>  SO COUNCIL MEMBER HERBOLD, 

833
00:31:35,293 --> 00:31:36,961
THANK YOU VERY MUCH FOR THAT 

834
00:31:36,961 --> 00:31:39,063
QUESTION. I THINK YOU CALL IT  

835
00:31:39,063 --> 00:31:41,599
HIGHLAND PARK. I THINK I CALL I 

836
00:31:41,599 --> 00:31:42,934
DUMARS. THAT'S THE WAY IT WAS  

837
00:31:42,934 --> 00:31:44,302
EMBEDDED AND ONE OF THE FIRST  

838
00:31:44,302 --> 00:31:46,838
THINGS I DISCUSSED WHEN I CAME  

839
00:31:46,838 --> 00:31:48,206
INTO THIS ROLE. I DON'T THINK I 

840
00:31:48,206 --> 00:31:51,042
WOULD BE A SURPRISE FOR ANYBODY 

841
00:31:51,042 --> 00:31:54,779
THAT I THINK THAT THESE 

842
00:31:54,779 --> 00:31:55,446
COMMUNITY DEVELOPMENT PROJECTS  

843
00:31:55,446 --> 00:31:57,081
ARE ONE OF THE THINGS THAT I  

844
00:31:57,081 --> 00:32:00,852
LIKE BEST. I DO BELIEVE THAT AS 

845
00:32:00,852 --> 00:32:01,886
A CITY, WHEN WE MAKE INVESTMENT 

846
00:32:01,886 --> 00:32:03,688
WHEN WE HAVE THE LAND AND MAKE  

847
00:32:03,688 --> 00:32:05,590
AN INVESTMENT IN HOUSING, WE  

848
00:32:05,590 --> 00:32:06,658
SHOULD CONSIDER HOW THE GREATER 

849
00:32:06,658 --> 00:32:07,492
COMMUNITY BENEFITS FROM THAT. 

850
00:32:07,492 --> 00:32:08,760
THAT SHOULDN'T BE A SURPRISE TO 

851
00:32:08,760 --> 00:32:10,762
ANYBODY WHO HEARS ME SAY THAT.  

852
00:32:10,762 --> 00:32:12,864
THINK WITH A LOT OF OUR 

853
00:32:12,864 --> 00:32:14,065
PROJECTS, WE DO ENVISION THAT 

854
00:32:14,065 --> 00:32:16,834
THEY ARE IN THESE PLACES BECAUS 

855
00:32:16,834 --> 00:32:17,402
THESE HIGH LEVELS OF 

856
00:32:17,402 --> 00:32:20,004
OPPORTUNITY, WHICH IS A LATER 

857
00:32:20,004 --> 00:32:21,806
SLIDE THAT WE'LL DISCUSS, REALL 

858
00:32:21,806 --> 00:32:25,109
DO ALLOW THE BENEFIT OF THESE 

859
00:32:25,109 --> 00:32:27,979
COLOCATION OF THINGS. IT IS  

860
00:32:27,979 --> 00:32:30,581
REALLY ANTICIPATED THAT A LOT O 

861
00:32:30,581 --> 00:32:31,582
THESE PROJECTS WILL DO THAT. AS 

862
00:32:31,582 --> 00:32:34,185
WE THINK ABOUT THE PLANNING 

863
00:32:34,185 --> 00:32:35,353
FORWARD, IT HAS BEEN 

864
00:32:35,353 --> 00:32:36,321
INCORPORATED IN THINKING, AS 

865
00:32:36,321 --> 00:32:38,790
WELL AS WHO GETS TO LIVE THERE, 

866
00:32:38,790 --> 00:32:42,927
RIGHT? I THINK THROUGHOUT THE  

867
00:32:42,927 --> 00:32:43,528
TECHNICAL ADVISORY COMMITTEE 

868
00:32:43,528 --> 00:32:44,462
PROCESS, KELLI WILL GET INTO  

869
00:32:44,462 --> 00:32:46,798
THIS IN A LITTLE BIT OF DETAIL, 

870
00:32:46,798 --> 00:32:48,132
HOW THE SHIFTS HAPPENED THAT  

871
00:32:48,132 --> 00:32:50,401
ALLOWED FOR US TO THINK ABOUT  

872
00:32:50,401 --> 00:32:52,737
WHAT THESE PLACES SHOULD BE. 

873
00:32:52,737 --> 00:32:58,076
WHAT THESE COMMUNITY BENEFITS 

874
00:32:58,076 --> 00:32:58,376
SHOULD BE. 

875
00:32:58,376 --> 00:33:04,215
>>  THANK YOU, A RECOGNITION, 

876
00:33:04,215 --> 00:33:05,416
DIRECTOR WINKLER-CHIN, I THINK 

877
00:33:05,416 --> 00:33:09,020
YOU VERY LIGHTLY TOUCHED ON THE 

878
00:33:09,020 --> 00:33:10,321
COMMUNITY PREFERENCES POLICIES 

879
00:33:10,321 --> 00:33:13,725
THAT THE CITY HAS BEEN ACTIVELY 

880
00:33:13,725 --> 00:33:15,727
WORKING TO IMPLEMENT AND I JUST 

881
00:33:15,727 --> 00:33:22,767
TOOK A LITTLE WALK DOWN MEMORY 

882
00:33:22,767 --> 00:33:25,403
LANE. AND SEE THE RECORD OF HOW 

883
00:33:25,403 --> 00:33:29,307
THE CITY GOT MOVING IN THAT 

884
00:33:29,307 --> 00:33:35,079
DIRECTION. AND THAT WAS THE  

885
00:33:35,079 --> 00:33:35,880
RESULT OF RESOLUION 31754. AND  

886
00:33:35,880 --> 00:33:42,987
THAT WAS ONE OF THE RESOLUTIONS 

887
00:33:42,987 --> 00:33:45,223
THAT ACCOMPANIED MHA UP ZONES,  

888
00:33:45,223 --> 00:33:47,759
SPECIFICALLY THE MHA UPZONES IN 

889
00:33:47,759 --> 00:33:48,493
THE CHINATOWN INTERNATIONAL  

890
00:33:48,493 --> 00:33:52,530
DISTRICT, AND THERE'S A SECTION 

891
00:33:52,530 --> 00:33:56,134
IN THAT RESOLUTION THAT YOU ARE 

892
00:33:56,134 --> 00:33:56,701
CRITICALLY RESPONSIBLE FOR 

893
00:33:56,701 --> 00:34:01,839
HAVING IT BE INCLUDED IN THE 

894
00:34:01,839 --> 00:34:03,941
RESOLUTION AND IT SPECIFICALLY 

895
00:34:03,941 --> 00:34:05,309
SPEAKS TO THE COUNCIL'S DESIRE 

896
00:34:05,309 --> 00:34:07,779
TO WORK WITH COMMUNITY AND WORK 

897
00:34:07,779 --> 00:34:11,883
WITH OH TO DEVELOP THESE KINDS 

898
00:34:11,883 --> 00:34:13,651
OF REALLY, REALLY IMPORTANT 

899
00:34:13,651 --> 00:34:15,486
POLICIES TO MAKE SURE THAT AS 

900
00:34:15,486 --> 00:34:19,023
OUR CITY GROWS, AS NEW BUILDING 

901
00:34:19,023 --> 00:34:22,660
ARE BUILT, THAT PEOPLE WHO HAVE 

902
00:34:22,660 --> 00:34:23,828
BEEN HISTORICALLY DISPLACED FRO 

903
00:34:23,828 --> 00:34:26,197
COMMUNITIES AS A RESULT OF 

904
00:34:26,197 --> 00:34:28,332
DEVELOPMENT, CAN COME BACK TO 

905
00:34:28,332 --> 00:34:29,867
THOSE COMMUNITIES AND THERE ARE 

906
00:34:29,867 --> 00:34:33,738
AGAIN, THERE ARE SECTIONS IN 

907
00:34:33,738 --> 00:34:35,239
THIS PARTICULAR RESOLUTION THAT 

908
00:34:35,239 --> 00:34:36,741
CAME DIRECTLY FROM YOUR WORK IN 

909
00:34:36,741 --> 00:34:39,010
COMMUNITY AND I JUST WANTED TO 

910
00:34:39,010 --> 00:34:40,344
CALL THAT OUT TODAY. THANK YOU. 

911
00:34:40,344 --> 00:34:42,713
>> THANK YOU SO MUCH. I'M JUST  

912
00:34:42,713 --> 00:34:43,648
GOING TO ADD SOMETHING REAL  

913
00:34:43,648 --> 00:34:45,249
QUICK WHILE WE'RE ON THIS SLIDE 

914
00:34:45,249 --> 00:34:47,051
AND I'LL GO TO COUNCIL MEMBER  

915
00:34:47,051 --> 00:34:49,153
NELSON WHO HAS THEIR HAND UP. 

916
00:34:49,153 --> 00:34:50,621
THIS IS GREAT EXAMPLE AS WELL O 

917
00:34:50,621 --> 00:34:52,323
HOW WE CAN THINK ABOUT THE 

918
00:34:52,323 --> 00:34:54,525
HOUSING LEVY NOT JUST BEING AN  

919
00:34:54,525 --> 00:34:56,694
INVESTMENT IN CERTAIN NUMBERS O 

920
00:34:56,694 --> 00:34:58,796
UNITS, BUT REALLY OVERALL FOR 

921
00:34:58,796 --> 00:35:01,332
OUR COMMUNITY AND OUR LOCAL 

922
00:35:01,332 --> 00:35:01,899
ECONOMY. IN COUNCIL MEMBER 

923
00:35:01,899 --> 00:35:02,800
HERBOLD'S DISTRICT AND AROUND  

924
00:35:02,800 --> 00:35:05,169
THE CORNER FROM WHERE I LIVE IN 

925
00:35:05,169 --> 00:35:08,306
DISTRICT ONE, WHEN I DID A WEST 

926
00:35:08,306 --> 00:35:10,141
SEATTLE CHAMBER TOUR LAST, I WA 

927
00:35:10,141 --> 00:35:11,075
WALKING UP AND DOWN CALIFORNIA  

928
00:35:11,075 --> 00:35:13,578
AVENUE AND I ASKED ONE OF THE  

929
00:35:13,578 --> 00:35:14,779
BUSINESS OWNERS THERE IF THERE  

930
00:35:14,779 --> 00:35:16,514
WAS ONE THING THAT YOU WOULD  

931
00:35:16,514 --> 00:35:19,050
WANT ME TO DO WHILE ON COUNCIL, 

932
00:35:19,050 --> 00:35:20,685
WHAT WOULD IT BE? THIS MAY  

933
00:35:20,685 --> 00:35:22,353
SURPRISE SOME FOLKS WHO REALLY  

934
00:35:22,353 --> 00:35:23,821
THINK ABOUT THERE BEING THIS  

935
00:35:23,821 --> 00:35:24,822
FALSE DIVISION BEING WHAT 

936
00:35:24,822 --> 00:35:25,456
BUSINESSES MIGHT WANT VERSUS 

937
00:35:25,456 --> 00:35:28,659
WHAT WE WANT TO DO FOR WORKING 

938
00:35:28,659 --> 00:35:29,727
FAMILIES. THE BUSINESS OWNER 

939
00:35:29,727 --> 00:35:31,796
SAID, LOOK AT THAT EMPTY PARKIN 

940
00:35:31,796 --> 00:35:33,364
LOT ACROSS THE STREET. AND IF  

941
00:35:33,364 --> 00:35:36,134
YOU IMAGINE THAT EMPTY PARKING  

942
00:35:36,134 --> 00:35:37,835
LOT BEING HOUSING, THAT MY  

943
00:35:37,835 --> 00:35:38,636
WORKERS COULD AFFORD AND 

944
00:35:38,636 --> 00:35:41,439
CHILDCARE WHERE THEY COULD HAVE 

945
00:35:41,439 --> 00:35:43,074
A PLACE FOR THEIR KIDDOS TO GO, 

946
00:35:43,074 --> 00:35:44,942
THEY WOULD NOT BE SO STRESSED 

947
00:35:44,942 --> 00:35:45,943
HAVING TO COMMUTE AN HOUR INTO 

948
00:35:45,943 --> 00:35:46,978
WORK AND WHETHER OR NOT THEY 

949
00:35:46,978 --> 00:35:48,579
WERE GOING TO MAKE IT HOME ON 

950
00:35:48,579 --> 00:35:50,515
TIME TO PICK UP THEIR KID FROM 

951
00:35:50,515 --> 00:35:53,551
DAYCARE. SO I THINK IT'S A GREA 

952
00:35:53,551 --> 00:35:55,553
EXAMPLE OF HOW WE CAN CREATE  

953
00:35:55,553 --> 00:35:56,888
SMALL ECONOMIC OPPORTUNITIES ON 

954
00:35:56,888 --> 00:35:58,356
THE FIRST FLOOR, LIKE THE  

955
00:35:58,356 --> 00:35:59,624
EXAMPLE HERE, FOR CAT FISH  

956
00:35:59,624 --> 00:36:01,025
CORNER. I THINK IT'S ALSO A  

957
00:36:01,025 --> 00:36:01,993
GREAT OPPORTUNITY FOR US TO  

958
00:36:01,993 --> 00:36:04,595
BUILD ON SOME OF THE POLICIES  

959
00:36:04,595 --> 00:36:05,963
THAT WE INCLUDED IN THE MHA  

960
00:36:05,963 --> 00:36:08,866
LEGISLATION THAT WE PASSED A FE 

961
00:36:08,866 --> 00:36:09,767
YEARS AGO THAT INCENTIVIZED  

962
00:36:09,767 --> 00:36:11,869
CHILDCARE SPACES ON FIRST AND  

963
00:36:11,869 --> 00:36:13,938
SECOND FLOORS AS AFFORDABLE  

964
00:36:13,938 --> 00:36:15,840
HOUSING IS GETTING DEVELOPED  

965
00:36:15,840 --> 00:36:16,707
ALONG WITH MIXED INCOME HOUSING 

966
00:36:16,707 --> 00:36:17,808
AND I THINK IT'S A GREAT 

967
00:36:17,808 --> 00:36:20,511
OPPORTUNITY FOR US TO THINK 

968
00:36:20,511 --> 00:36:23,247
ABOUT WHAT EMPLOYERS ARE ASKING 

969
00:36:23,247 --> 00:36:25,616
FOR AS WE COME, HOPEFULLY OUT O 

970
00:36:25,616 --> 00:36:28,386
THIS PANDEMIC AND TRY TO CREATE 

971
00:36:28,386 --> 00:36:29,787
MORE ECONOMIC OPPORTUNITY AND 

972
00:36:29,787 --> 00:36:31,022
ECONOMIC STABILITY FOR SMALL 

973
00:36:31,022 --> 00:36:34,392
BUSINESS OWNERS AS WELL AS 

974
00:36:34,392 --> 00:36:35,126
ECONOMIC STABILITY FOR WORKERS. 

975
00:36:35,126 --> 00:36:37,428
UNIFORMLY, PEOPLE ARE ASKING FO 

976
00:36:37,428 --> 00:36:38,963
ADDITIONAL HOUSING WITHIN THE 

977
00:36:38,963 --> 00:36:40,765
CITY SO WORKERS CAN LIVE NEXT T 

978
00:36:40,765 --> 00:36:42,400
THEIR PLACE OF WORK. THAT COMES 

979
00:36:42,400 --> 00:36:44,702
DIRECTLY FROM EMPLOYERS, AND  

980
00:36:44,702 --> 00:36:46,304
BOTH FROM WORKING FAMILIES AS  

981
00:36:46,304 --> 00:36:48,306
WELL AS ENTREPRENEURS AND SMALL 

982
00:36:48,306 --> 00:36:48,906
BUSINESS OWNERS. THEY NEED  

983
00:36:48,906 --> 00:36:52,677
PLACES FOR FOLKS TO BE ABLE TO  

984
00:36:52,677 --> 00:36:54,312
GO TO HAVE ACCESSIBLE AND  

985
00:36:54,312 --> 00:36:56,414
AFFORDABLE CHILDCARE AND AS 

986
00:36:56,414 --> 00:36:57,281
COUNCIL MEMBER HERBOLD POINTED 

987
00:36:57,281 --> 00:36:58,449
OUT, WITH THE EXAMPLE OF THE 

988
00:36:58,449 --> 00:37:00,618
SMALL RETAIL SPACE ON THE FIRST 

989
00:37:00,618 --> 00:37:02,520
AND SECOND FLOORS, WE CAN 

990
00:37:02,520 --> 00:37:03,921
LITERALLY BE CREATING A SENSE O 

991
00:37:03,921 --> 00:37:06,657
PLACE AND SPACE FOR NEW SMALL 

992
00:37:06,657 --> 00:37:07,925
BUSINESSES TO OPEN. SO, THIS IS 

993
00:37:07,925 --> 00:37:09,627
WHY I THINK IT'S SO IMPORTANT  

994
00:37:09,627 --> 00:37:12,063
FOR US TO THINK BROADLY ABOUT  

995
00:37:12,063 --> 00:37:13,664
WHERE THESE INVESTMENTS ARE  

996
00:37:13,664 --> 00:37:15,633
GOING. HOW THIS INVESTMENT IS  

997
00:37:15,633 --> 00:37:16,434
BEYOND THE INDIVIDUAL FAMILY OR 

998
00:37:16,434 --> 00:37:17,935
INDIVIDUAL IN THE UNIT, AND HOW 

999
00:37:17,935 --> 00:37:20,004
IT IS REALLY A BOOM TO OUR LOCA 

1000
00:37:20,004 --> 00:37:20,705
ECONOMY AS WELL, ESPECIALLY IN 

1001
00:37:20,705 --> 00:37:24,108
THIS TIME AS WE THINK ABOUT 

1002
00:37:24,108 --> 00:37:25,076
RESETTING AND REINVESTING. I'LL 

1003
00:37:25,076 --> 00:37:27,878
TURN IT OVER TO COUNCIL MEMBER  

1004
00:37:27,878 --> 00:37:31,382
NELSON. PLEASE GO AHEAD. 

1005
00:37:31,382 --> 00:37:32,984
>> THANK YOU. SO THIS IS  

1006
00:37:32,984 --> 00:37:34,719
REGARDING THE PIE CHART ON THE  

1007
00:37:34,719 --> 00:37:36,520
DIFFERENT PROGRAMS THAT ARE  

1008
00:37:36,520 --> 00:37:40,358
FUNDED AND THEN I'LL HAVE OTHER 

1009
00:37:40,358 --> 00:37:42,960
QUESTIONS LATER. THERE ARE $34  

1010
00:37:42,960 --> 00:37:44,795
MILLION ALLOCATED FOR WORK FORC 

1011
00:37:44,795 --> 00:37:45,529
STABILIZATION FOR NONPROFIT  

1012
00:37:45,529 --> 00:37:47,031
STAFF, BUT IT LOOKS TO ME THAT  

1013
00:37:47,031 --> 00:37:50,101
THERE IS NO FUNDING FOR WORK  

1014
00:37:50,101 --> 00:37:51,736
FORCE RENTAL HOUSING PRODUCTION 

1015
00:37:51,736 --> 00:37:54,271
FOR THEM OR FOR ARTISTS OR FILM 

1016
00:37:54,271 --> 00:37:56,507
MAKERS OR CAT FISH CORNER  

1017
00:37:56,507 --> 00:38:00,277
WORKERS. SO, I DO NOTICE THAT  

1018
00:38:00,277 --> 00:38:07,652
THERE IS IN THE ACQUISITION AND 

1019
00:38:07,652 --> 00:38:09,787
PRESERVATION, UP TO 80% AMI. 

1020
00:38:09,787 --> 00:38:11,522
THAT'S NOT GUARANTEED. THAT'S I 

1021
00:38:11,522 --> 00:38:13,824
THERE IS AVAILABILITY. MY  

1022
00:38:13,824 --> 00:38:16,927
QUESTION IS, HAS THE EXECUTIVE  

1023
00:38:16,927 --> 00:38:18,996
CONSIDERED AS WAS DONE IN THE  

1024
00:38:18,996 --> 00:38:20,898
2002 AND THE 2009 LEVIES 

1025
00:38:20,898 --> 00:38:26,137
ALLOWING A SMALL SLICE OF THAT 

1026
00:38:26,137 --> 00:38:29,907
$707 MILLION TO BE USED FOR 

1027
00:38:29,907 --> 00:38:35,546
PRODUCTION FOR PEOPLE EARNING U 

1028
00:38:35,546 --> 00:38:40,318
TO 80%  AMI? OR WOULD YOU  

1029
00:38:40,318 --> 00:38:43,020
CONSIDER -- CAN YOU JUST EXPLAI 

1030
00:38:43,020 --> 00:38:44,689
THE THINKING FOR -- YEAH, GO  

1031
00:38:44,689 --> 00:38:45,990
AHEAD. I'LL LET YOU ANSWER THAT 

1032
00:38:45,990 --> 00:38:49,627
>> WITH THE HOUSING LEVY. WE  

1033
00:38:49,627 --> 00:38:50,761
HAVE MULTIPLE FUNDING SOURCES. 

1034
00:38:50,761 --> 00:38:51,929
THE HOUSING LEVY, WE HAVE 

1035
00:38:51,929 --> 00:38:53,597
HISTORICALLY USED IT TO TARGET 

1036
00:38:53,597 --> 00:38:55,866
THOSE THAT ARE OF THE HIGHEST 

1037
00:38:55,866 --> 00:38:58,369
NEED AND AT THE LOWEST INCOME. 

1038
00:38:58,369 --> 00:38:59,070
WE HAVE MULTIPLE FUNDING 

1039
00:38:59,070 --> 00:39:00,438
SOURCES. WE ALSO DO THAT BY  

1040
00:39:00,438 --> 00:39:01,505
LOOKING AT THE DATA WHICH SHOWS 

1041
00:39:01,505 --> 00:39:03,841
THAT WE HAVE A HIGH NEED FOR  

1042
00:39:03,841 --> 00:39:07,044
HOUSING AT OR BELOW 30% OF AMI. 

1043
00:39:07,044 --> 00:39:08,646
NOW, IF YOU REMEMBER HERE, I 

1044
00:39:08,646 --> 00:39:11,882
SAID I'M GIVING A HIGH LEVEL 

1045
00:39:11,882 --> 00:39:13,150
OVERVIEW AND THAT KELLI LARSEN 

1046
00:39:13,150 --> 00:39:18,189
WILL GO MORE INTO THE DETAILS. 

1047
00:39:18,189 --> 00:39:20,591
SO COUNCIL MEMBER NELSON, TAKE  

1048
00:39:20,591 --> 00:39:21,726
PAUSE ON THAT. I'LL LET KELLI  

1049
00:39:21,726 --> 00:39:22,727
GIVE YOU SOME OF THE THINKING  

1050
00:39:22,727 --> 00:39:24,862
AND THEN WE CAN PICK UP THAT  

1051
00:39:24,862 --> 00:39:27,765
QUESTION. IF THAT IS OKAY WITH  

1052
00:39:27,765 --> 00:39:29,667
YOU. WE'RE GOING TO SWITCH SEAT 

1053
00:39:29,667 --> 00:39:31,402
HERE. OH, YOU'RE IN TWO  

1054
00:39:31,402 --> 00:39:33,871
DIFFERENT SPOTS FOR A SECOND. 

1055
00:39:33,871 --> 00:39:34,505
OKAY, HOLD ON. 

1056
00:39:34,505 --> 00:39:36,140
>> GREAT, OKAY, WE ARE HEADED 

1057
00:39:36,140 --> 00:39:37,775
BACK TO THE PRESENTATION AND 

1058
00:39:37,775 --> 00:39:45,416
WE'LL PICK UP ON SLIDES 11 AND 

1059
00:39:45,416 --> 00:39:50,521
12. AND WELCOME TO THE VIRTUAL 

1060
00:39:50,521 --> 00:39:52,289
PRESENTATION TABLE, KELLI 

1061
00:39:52,289 --> 00:39:53,157
LARSEN. FOR THE RECORD, KELLI 

1062
00:39:53,157 --> 00:39:55,259
LARSEN IS WITH US FROM THE  

1063
00:39:55,259 --> 00:39:55,693
OFFICE OF HOUSING. 

1064
00:39:55,693 --> 00:39:58,863
>> I'M CURRENTLY SUBMITTING A 

1065
00:39:58,863 --> 00:40:00,965
TICKET FOR A NEW LAPTOP, WHICH 

1066
00:40:00,965 --> 00:40:04,468
DOES NOT PARTICIPATE WELL WITH 

1067
00:40:04,468 --> 00:40:06,303
ZOOM. I AM KELLI LARSEN WITH TH 

1068
00:40:06,303 --> 00:40:07,605
OFFICE OF HOUSING, DESPITE THE 

1069
00:40:07,605 --> 00:40:11,075
NAME. I'M GOING TO GO INTO THE 

1070
00:40:11,075 --> 00:40:13,544
TECHNICAL PORTION OF THE 

1071
00:40:13,544 --> 00:40:14,411
PRESENTATION. JUMPING A FEW  

1072
00:40:14,411 --> 00:40:16,113
SLIDES. SO I'M GOING TO WALK  

1073
00:40:16,113 --> 00:40:17,281
THROUGH EACH PROGRAM AREA IN  

1074
00:40:17,281 --> 00:40:25,389
DETAIL AND SHARE MORE OF OUR KE 

1075
00:40:25,389 --> 00:40:28,259
 ASSUMPTIONS HERE. WE USED  

1076
00:40:28,259 --> 00:40:29,360
METHODOGY WE ARE CONFIDENT IN. 

1077
00:40:29,360 --> 00:40:31,061
AT THE SAME TIME, THIS IS ONE 

1078
00:40:31,061 --> 00:40:33,063
POSSIBLE SCENARIO OF WHAT COULD 

1079
00:40:33,063 --> 00:40:35,132
BE DEVELOPED. OUR MODELS ARE NO 

1080
00:40:35,132 --> 00:40:35,933
FORECAST OF THE FUTURE. BUT THE 

1081
00:40:35,933 --> 00:40:38,402
ARE BUILT SO WE CAN SET 

1082
00:40:38,402 --> 00:40:39,470
REALISTIC AND AMBITIOUS GOALS 

1083
00:40:39,470 --> 00:40:41,739
BASED ON THE FUNDS WE HAVE 

1084
00:40:41,739 --> 00:40:43,407
AVAILABLE AND INFORM BY THOSE 

1085
00:40:43,407 --> 00:40:46,143
VALUES AND PRINCIPLES YOU HEARD 

1086
00:40:46,143 --> 00:40:47,311
FROM DIRECTOR WINKLER-CHIN. ALL 

1087
00:40:47,311 --> 00:40:48,646
THE FIGURES AND PRODUCTION GOAL 

1088
00:40:48,646 --> 00:40:50,481
SHARED IN THIS SECTION ARE 

1089
00:40:50,481 --> 00:40:52,216
SEVEN-YEAR GOALS AND COVER THE 

1090
00:40:52,216 --> 00:40:54,251
FULL LEVY PERIOD. I'LL START  

1091
00:40:54,251 --> 00:40:55,352
HERE WITH THE NEW RENTAL  

1092
00:40:55,352 --> 00:40:56,253
PRODUCTION PROGRAM. THESE ARE  

1093
00:40:56,253 --> 00:40:58,656
THE NUMBERS THAT BUILD THE  

1094
00:40:58,656 --> 00:40:59,657
WALLS, DOORS, WINDOWS, AND ROOF 

1095
00:40:59,657 --> 00:41:01,458
OVERHEAD SO THOUSANDS OF PEOPLE 

1096
00:41:01,458 --> 00:41:02,893
CAN LIVE AFFORDABLELY IN OUR  

1097
00:41:02,893 --> 00:41:05,796
CITY. THIS IS THE MAJORITY  

1098
00:41:05,796 --> 00:41:07,231
INVESTMENT OF THE HOUSING LEVY. 

1099
00:41:07,231 --> 00:41:09,233
WE PROPOSE $707 MILLION TO 

1100
00:41:09,233 --> 00:41:11,368
DEVELOP MULTIFAMILY APARTMENT 

1101
00:41:11,368 --> 00:41:11,969
BUILDINGS AND PERMANENT 

1102
00:41:11,969 --> 00:41:12,970
SUPPORTING HOUSING FOR PEOPLE 

1103
00:41:12,970 --> 00:41:18,008
WITH INCOMES AT OR BELOW 30% OF 

1104
00:41:18,008 --> 00:41:19,810
MEDIAN INCOME. 60% AMI. THIS  

1105
00:41:19,810 --> 00:41:21,812
PROGRAM WILL SUPPORT THE 

1106
00:41:21,812 --> 00:41:23,547
DEVELOPMENT OF 2,881 NEW RENTAL 

1107
00:41:23,547 --> 00:41:24,849
HOMES, LIKE THE 100 SUPPORTIVE 

1108
00:41:24,849 --> 00:41:29,053
HOMES YOU SEE IN THIS PHOTO OF 

1109
00:41:29,053 --> 00:41:30,921
DES'S LAKE PROJECT NORTH STAR. 

1110
00:41:30,921 --> 00:41:32,723
THE BUILDINGS DEVELOPED BY THIS 

1111
00:41:32,723 --> 00:41:36,293
PROGRAM RANGE IN SIZE FROM 61 T 

1112
00:41:36,293 --> 00:41:38,896
150 HOMES. IN TERMS OF INCOME  

1113
00:41:38,896 --> 00:41:40,231
TARGETS AND RESTRICTIONS, WE  

1114
00:41:40,231 --> 00:41:42,566
PROPOSE THE LEVY WILL REQUIRE A 

1115
00:41:42,566 --> 00:41:45,769
LEAST 60% OF THE COMBINED RENTA 

1116
00:41:45,769 --> 00:41:48,105
PRODUCTION TO SUPPORT HOUSEHOLD 

1117
00:41:48,105 --> 00:41:51,041
AT 0 TO 30%. THIS IS THE SAME  

1118
00:41:51,041 --> 00:41:54,945
GOAL SET BY THE 2016 LEVY, AND  

1119
00:41:54,945 --> 00:41:56,213
IT APPROXIMATES THE PERCENTAGE  

1120
00:41:56,213 --> 00:41:57,615
OF LOW INCOME HOMES NEEDED AT  

1121
00:41:57,615 --> 00:41:59,316
THIS LEVEL, ACCORDING TO THE  

1122
00:41:59,316 --> 00:42:00,818
KING COUNTY DATA WE SHARED AT  

1123
00:42:00,818 --> 00:42:02,453
THE LAST COMMITTEE MEETING. YOU 

1124
00:42:02,453 --> 00:42:04,655
CAN SEE OTHER ASSUMPTIONS 

1125
00:42:04,655 --> 00:42:05,589
DETAILED HERE. THE LEVY AND  

1126
00:42:05,589 --> 00:42:07,424
TOTAL HER HOME COST THAT DRIVE  

1127
00:42:07,424 --> 00:42:10,694
THIS MODEL. THE LEVY OF  

1128
00:42:10,694 --> 00:42:11,395
CONTRIBUTION PER HOMES, 217,000 

1129
00:42:11,395 --> 00:42:14,665
THE TOTAL FOR HOME COST IS 

1130
00:42:14,665 --> 00:42:16,934
RANGING UP TO $539,000. THIS IS 

1131
00:42:16,934 --> 00:42:17,635
AVERAGED ACROSS THE SEVEN-YEAR  

1132
00:42:17,635 --> 00:42:19,536
PERIOD. YOU CAN ALSO SEE ON THE 

1133
00:42:19,536 --> 00:42:21,872
RIGHT SIDE, THE COST TO BUILD 

1134
00:42:21,872 --> 00:42:22,706
DIFFERENT SIZED HOMES. THE COST 

1135
00:42:22,706 --> 00:42:24,208
OF LAND AT THE BOTTOM OF THE  

1136
00:42:24,208 --> 00:42:27,244
FIRST BOX, YOU CAN ALSO SEE THE 

1137
00:42:27,244 --> 00:42:28,612
ALLOCATION OF DIFFERENT AREA  

1138
00:42:28,612 --> 00:42:29,213
MEDIAN INCOME HOMES, THE 

1139
00:42:29,213 --> 00:42:31,015
DIFFERENT INCOMES, AND AT THE 

1140
00:42:31,015 --> 00:42:31,782
BOTTOM, THE DIFFERENT BEDROOM 

1141
00:42:31,782 --> 00:42:35,152
SIZES THAT ARE PLANNED FOR THIS 

1142
00:42:35,152 --> 00:42:40,357
HOUSING LEVY. HISTORICALLY, THE 

1143
00:42:40,357 --> 00:42:41,992
LEVY HAS BEEN PRIORITIZED FOR  

1144
00:42:41,992 --> 00:42:49,767
SENIORS. YOU SEE A FOCUS ON 0 T 

1145
00:42:49,767 --> 00:42:53,504
30% AND STUDIOS AND ONE 

1146
00:42:53,504 --> 00:42:54,238
BEDROOMS. CONTINUING OWN THIS  

1147
00:42:54,238 --> 00:42:56,674
FIRST PROGRAM CATEGORY, I'LL  

1148
00:42:56,674 --> 00:42:58,309
FOCUS NOW ON THE PRESERVATION 

1149
00:42:58,309 --> 00:43:00,477
ASSUMPTIONS. THE HOUSING LEVY  

1150
00:43:00,477 --> 00:43:02,279
WILL SUPPORT REINVESTMENT IN 63 

1151
00:43:02,279 --> 00:43:07,184
HOMES THAT EXIST THROUGHOUT THE 

1152
00:43:07,184 --> 00:43:09,486
CITY. YOU CAN SEE HERE, YWCA'S 

1153
00:43:09,486 --> 00:43:11,088
BUILDING IN DOWNTOWN SEATTLE. 

1154
00:43:11,088 --> 00:43:12,623
THIS IS A LEVY FUNDED 

1155
00:43:12,623 --> 00:43:14,124
PRESERVATION PROGRAM. THE WHERE 

1156
00:43:14,124 --> 00:43:16,360
IS IN NEED OF SUBSTANTIAL  

1157
00:43:16,360 --> 00:43:17,361
RENOVATION TO UPDATE THE HOMES  

1158
00:43:17,361 --> 00:43:21,632
SO THEY ARE IN BETTER CONDITION 

1159
00:43:21,632 --> 00:43:23,400
FOR RESIDENTS. THIS REINVESTMEN 

1160
00:43:23,400 --> 00:43:24,969
PROGRAM REFERS TO REHABILITATIO 

1161
00:43:24,969 --> 00:43:27,905
OF THE AGING BUILDINGS IN OUR  

1162
00:43:27,905 --> 00:43:29,707
CITY FUNDED HOUSING PORTFOLIO. 

1163
00:43:29,707 --> 00:43:31,508
THESE FOCUS ON SIGNIFICANT 

1164
00:43:31,508 --> 00:43:32,343
UPDATES, INCLUDING ROOF 

1165
00:43:32,343 --> 00:43:34,712
REPLACEMENT, UPGRADING MAJOR 

1166
00:43:34,712 --> 00:43:36,647
BUILDING SYSTEMS LIKE PLUMBING, 

1167
00:43:36,647 --> 00:43:40,117
ELECTRICAL, HVAC AND ELEVATORS. 

1168
00:43:40,117 --> 00:43:42,519
UPDATING FOR CLIMATE RESILIENCY 

1169
00:43:42,519 --> 00:43:43,988
OR FULLY RENOVATING HOMES, FOR 

1170
00:43:43,988 --> 00:43:47,625
THE PROJECT, WHICH IS A HISTORI 

1171
00:43:47,625 --> 00:43:49,059
BUILDING, REINVESTMENT WILL 

1172
00:43:49,059 --> 00:43:50,928
INCLUDE UPGRADING BUILDING 

1173
00:43:50,928 --> 00:43:51,562
SYSTEMS, MODIFYING FIRE 

1174
00:43:51,562 --> 00:43:52,196
PROTECTION SYSTEMS, REPLACING 

1175
00:43:52,196 --> 00:43:53,364
ALL OF THE WATER SYSTEMS IN THE 

1176
00:43:53,364 --> 00:43:57,301
BUILDING TO MAKE IT MORE ENERGY 

1177
00:43:57,301 --> 00:43:58,802
EFFICIENT AND UPGRADING THE 

1178
00:43:58,802 --> 00:44:00,270
ELEVATORS. STRUCTURALLY, THE  

1179
00:44:00,270 --> 00:44:02,339
PROJECT WILL ALSO NEED EXTENSIV 

1180
00:44:02,339 --> 00:44:03,574
SEISMIC RETROFITS. THE COST  

1181
00:44:03,574 --> 00:44:04,842
ASSUMPTIONS IN THIS CATEGORY AR 

1182
00:44:04,842 --> 00:44:06,210
DIFFERENT BECAUSE THEY ARE BASE 

1183
00:44:06,210 --> 00:44:14,918
ON BUDGET SUBMISSIONS AND THE  

1184
00:44:14,918 --> 00:44:18,856
COST PER HOME IS $279,000. NOW  

1185
00:44:18,856 --> 00:44:24,094
I'M GOING TO DISCUSS WHAT WE TW 

1186
00:44:24,094 --> 00:44:25,929
ADDITIONALLY CALLED THE  

1187
00:44:25,929 --> 00:44:26,530
ACQUISITION. THIS PROGRAM  

1188
00:44:26,530 --> 00:44:28,766
PROVIDES ACQUISITION LOANS FOR  

1189
00:44:28,766 --> 00:44:30,501
LAND OR EXISTING BUILDINGS. WE  

1190
00:44:30,501 --> 00:44:32,336
FUND THIS ACTIVITY BY CREATIVEL 

1191
00:44:32,336 --> 00:44:33,270
PUTTING OUR OPERATING 

1192
00:44:33,270 --> 00:44:33,937
MAINTENANCE OF SERVICES DOLLARS 

1193
00:44:33,937 --> 00:44:36,340
TO WORK AS SOON AS WE HAVE THEM 

1194
00:44:36,340 --> 00:44:38,375
ON HAND. OH WILL CONTINUE TO  

1195
00:44:38,375 --> 00:44:41,311
SUPPORT UP TO $30 MILLION FOR  

1196
00:44:41,311 --> 00:44:42,579
THESE SHORT-TERM LOANS. THIS IS 

1197
00:44:42,579 --> 00:44:43,380
NOT TECHNICALLY A PROGRAM  

1198
00:44:43,380 --> 00:44:46,016
INVESTMENT AREA BECAUSE IT DOES 

1199
00:44:46,016 --> 00:44:47,684
NOT HAVE ITS OWN DEDICATED  

1200
00:44:47,684 --> 00:44:48,852
FUNDING SOURCE AND THOUGHTFUL I 

1201
00:44:48,852 --> 00:44:50,187
ISSUING THE SHORT-TERM LOANS TO 

1202
00:44:50,187 --> 00:44:51,321
ENSURE THE FUNDS WILL COME BACK 

1203
00:44:51,321 --> 00:44:52,690
TO THE OFFICE OF HOUSING BECAUS 

1204
00:44:52,690 --> 00:44:55,059
WE WILL NEED THESE FUNDS TO PAY 

1205
00:44:55,059 --> 00:45:00,030
FOR OUR O MS CONTRACTS IN LATER 

1206
00:45:00,030 --> 00:45:01,065
YEARS. SHORT-TERM ACQUISITIONS  

1207
00:45:01,065 --> 00:45:02,633
CONVERT TO PERMANENT FINANCING  

1208
00:45:02,633 --> 00:45:03,801
WITH RESOURCES FROM THE RENTAL 

1209
00:45:03,801 --> 00:45:04,535
PRODUCTION PROGRAM AREA I 

1210
00:45:04,535 --> 00:45:05,736
DESCRIBED A MINUTE AGO, AND THI 

1211
00:45:05,736 --> 00:45:07,771
IS WHERE THE HOMES ARE COUNTED 

1212
00:45:07,771 --> 00:45:09,907
TOWARD A PRODUCTION GOAL. WHEN  

1213
00:45:09,907 --> 00:45:12,409
THEY ARE FULLY FUNDED AS INCOME 

1214
00:45:12,409 --> 00:45:14,278
PERMANENT HOUSING. THIS PROGRAM 

1215
00:45:14,278 --> 00:45:15,345
EXISTS THROUGH THE FLEXIBLE,  

1216
00:45:15,345 --> 00:45:16,280
STRATEGIC, AND INNOVATIVE WORK  

1217
00:45:16,280 --> 00:45:18,082
OF OFFICE OF HOUSING STAFF WHO  

1218
00:45:18,082 --> 00:45:19,950
ARE SMART TO THINK ABOUT PUTTIN 

1219
00:45:19,950 --> 00:45:21,752
THESE FUNDS TO USE AS QUICKLY A 

1220
00:45:21,752 --> 00:45:23,287
THEY COULD AND SUPPORTING OUR  

1221
00:45:23,287 --> 00:45:26,490
PARTNERS WHO ARE MAKING  

1222
00:45:26,490 --> 00:45:27,925
IMPORTANT AND TIMELY INVESTMENT 

1223
00:45:27,925 --> 00:45:29,226
IN COMMUNITY. I'LL PAUSE THERE, 

1224
00:45:29,226 --> 00:45:33,063
IF THERE ARE QUESTIONS ON THESE 

1225
00:45:33,063 --> 00:45:34,064
FIRST THREE, MAYBE. 

1226
00:45:34,064 --> 00:45:35,899
>> THANKS FOR PAUSING. COUNCIL 

1227
00:45:35,899 --> 00:45:36,667
MEMBER HERBOLD, GO AHEAD. 

1228
00:45:36,667 --> 00:45:41,238
>> THANKS SO MUCH. YES, I DO  

1229
00:45:41,238 --> 00:45:46,977
HAVE A QUESTION ABOUT THE  

1230
00:45:46,977 --> 00:45:49,513
ACQUISITION LOAN SLIDE. I  

1231
00:45:49,513 --> 00:45:52,449
APPRECIATE THE CLEAR DISTINCTIO 

1232
00:45:52,449 --> 00:45:55,185
BETWEEN RENTAL PRODUCTION AND  

1233
00:45:55,185 --> 00:45:56,587
PRESERVATION AND ACQUISITION  

1234
00:45:56,587 --> 00:46:00,390
LOANS, BECAUSE I OFTEN GET THE  

1235
00:46:00,390 --> 00:46:01,859
CATEGORIES MIXED UP. THE RENTAL 

1236
00:46:01,859 --> 00:46:02,993
PRODUCTION AND PRESERVATION  

1237
00:46:02,993 --> 00:46:05,129
PROGRAM IS NOT REFERRING TO  

1238
00:46:05,129 --> 00:46:06,497
PRESERVING AFFORDABLE HOMES BY  

1239
00:46:06,497 --> 00:46:07,698
PURCHASING FROM THE PRIVATE  

1240
00:46:07,698 --> 00:46:09,500
MARKET, RATHER IT'S FUNDING  

1241
00:46:09,500 --> 00:46:11,835
AVAILABLE FOR BUILDINGS THAT AR 

1242
00:46:11,835 --> 00:46:15,239
ALREADY IN THE OH PORTFOLIO AND 

1243
00:46:15,239 --> 00:46:17,574
HAVE AFFORDABLE AGREEMENTS WITH 

1244
00:46:17,574 --> 00:46:21,211
OH. IT IS FUNDING TO KEEP THOSE 

1245
00:46:21,211 --> 00:46:22,346
BUILDINGS OPERATING AND SAFE. 

1246
00:46:22,346 --> 00:46:25,382
WHEREAS THE ACQUISITION LOANS I 

1247
00:46:25,382 --> 00:46:29,119
AN AREA THAT I HAVE A PARTICULA 

1248
00:46:29,119 --> 00:46:30,487
INTEREST IN THIS BUCKET OF 

1249
00:46:30,487 --> 00:46:33,490
FUNDING, A LITTLE BIT OF LINE T 

1250
00:46:33,490 --> 00:46:35,726
THE DISCUSSION EARLIER ABOUT TH 

1251
00:46:35,726 --> 00:46:38,562
DUMAR SITE. MUCH BROADER THAN  

1252
00:46:38,562 --> 00:46:41,665
THAT AS COUNCIL MEMBER MOSQUEDA 

1253
00:46:41,665 --> 00:46:42,900
SPOKE TO. I'M INTERESTED TO KNO 

1254
00:46:42,900 --> 00:46:45,536
WHETHER OR NOT IT MIGHT BE TIME 

1255
00:46:45,536 --> 00:46:47,304
TO CONSIDER NOT JUST OPERATING  

1256
00:46:47,304 --> 00:46:48,906
IT AS A CREATIVE SITE  

1257
00:46:48,906 --> 00:46:50,240
INVESTMENT, BUT TO CONCRETE SET 

1258
00:46:50,240 --> 00:46:52,943
A GOAL FOR THE NUMBER OF UNITS  

1259
00:46:52,943 --> 00:46:57,080
AND DEDICATE FUNDING TO GET TO  

1260
00:46:57,080 --> 00:47:01,952
THIS SCHOOL. WE KNOW THAT THE  

1261
00:47:01,952 --> 00:47:04,655
SOARING COSTS OF PROPERTY AND  

1262
00:47:04,655 --> 00:47:06,657
LONG TIME LINES FOR CONSTRUCTIO 

1263
00:47:06,657 --> 00:47:07,558
AND INCREASED COST FOR  

1264
00:47:07,558 --> 00:47:08,959
CONSTRUCTION ARE HAVING AN  

1265
00:47:08,959 --> 00:47:10,494
IMPACT ON THE NUMBER OF UNITS  

1266
00:47:10,494 --> 00:47:15,265
THAT WE CAN EXPECT TO BRING  

1267
00:47:15,265 --> 00:47:20,737
ONLINE AND ARE REQUIRING US TO  

1268
00:47:20,737 --> 00:47:23,073
INCREASE INVESTMENT TO EVEN GET 

1269
00:47:23,073 --> 00:47:26,276
A SIMILAR NUMBER OF NEW HOUSING 

1270
00:47:26,276 --> 00:47:28,679
UNITS AS UNDER THE PREVIOUS  

1271
00:47:28,679 --> 00:47:31,048
LEVY, ALTHOUGH THIS PARTICULAR 

1272
00:47:31,048 --> 00:47:33,550
PROPOSAL GOES FURTHER. BUT  

1273
00:47:33,550 --> 00:47:36,253
NEVERTHELESS, WE SAW FROM 

1274
00:47:36,253 --> 00:47:38,422
EARLIER VERSIONS THAT TO JUST 

1275
00:47:38,422 --> 00:47:40,657
BRING ONLINE A SIMILAR NUMBER O 

1276
00:47:40,657 --> 00:47:44,361
UNITS AS UNDER THE PREVIOUS 

1277
00:47:44,361 --> 00:47:45,229
HOUSING LEVY CYCLE. WE WOULD  

1278
00:47:45,229 --> 00:47:47,531
HAVE TO AT LEAST AT THAT POINT, 

1279
00:47:47,531 --> 00:47:49,967
LOOK AT AT LEAST DOUBLING OUR  

1280
00:47:49,967 --> 00:47:50,667
INVESTMENT. I'M WONDERING  

1281
00:47:50,667 --> 00:47:53,704
WHETHER OR NOT IT MAKES SENSE T 

1282
00:47:53,704 --> 00:47:57,741
MORE FULLY EMBRACE A STRATEGY O 

1283
00:47:57,741 --> 00:47:59,676
ACQUIRING EXISTING BUILDINGS AN 

1284
00:47:59,676 --> 00:48:01,478
UNITS FROM THE PRIVATE MARKET,  

1285
00:48:01,478 --> 00:48:02,479
PERHAPS EXISTING PROPERTY THAT  

1286
00:48:02,479 --> 00:48:05,816
MIGHT NOT HAVE A BUILDING ON IT 

1287
00:48:05,816 --> 00:48:11,521
BUT USING THAT AS A WAY TO  

1288
00:48:11,521 --> 00:48:12,623
INCREASE THE NUMBER OF UNITS  

1289
00:48:12,623 --> 00:48:15,926
THAT WE'RE ABLE TO BRING ONLINE 

1290
00:48:15,926 --> 00:48:18,862
AS AFFORDABLE UNITS AND MEETING 

1291
00:48:18,862 --> 00:48:21,832
OUR TARGETS. SO, THE OTHER PIEC 

1292
00:48:21,832 --> 00:48:24,167
OF THIS ON ACQUISITION, IT CAN  

1293
00:48:24,167 --> 00:48:30,207
REALLY BE ALSO USED TO INCREASE 

1294
00:48:30,207 --> 00:48:31,975
THE GEOGRAPHIC DISPERSION OF OH 

1295
00:48:31,975 --> 00:48:36,213
INVESTMENTS. WE KNOW FROM THE  

1296
00:48:36,213 --> 00:48:36,914
PRIOR PRESENTATION, THE MAJORIT 

1297
00:48:36,914 --> 00:48:39,449
OF ACQUISITIONS ARE IN A HANDFU 

1298
00:48:39,449 --> 00:48:40,717
OF DISTRICTS AND NEIGHBORHOODS  

1299
00:48:40,717 --> 00:48:44,421
AND I FEEL LIKE IF WE LEAN MORE 

1300
00:48:44,421 --> 00:48:45,789
FULLY INTO ACQUIRING EXISTING 

1301
00:48:45,789 --> 00:48:48,692
BUILDINGS AND EXISTING LAND, IT 

1302
00:48:48,692 --> 00:48:50,560
MIGHT BE EASIER TO ADD  

1303
00:48:50,560 --> 00:48:52,763
AFFORDABLE HOUSING IN DISTRICTS 

1304
00:48:52,763 --> 00:48:54,898
THAT CURRENTLY HAVE LITTLE, LIK 

1305
00:48:54,898 --> 00:48:57,734
DISTRICT ONE, SO THAT RESIDENTS 

1306
00:48:57,734 --> 00:49:00,570
OF ALL NEIGHBORHOODS, ESPECIALL 

1307
00:49:00,570 --> 00:49:05,909
THOSE AT HIGH RISK OF  

1308
00:49:05,909 --> 00:49:06,643
DISPLACEMENT, AGAIN, LIKE THE  

1309
00:49:06,643 --> 00:49:08,111
NEIGHBORHOODS EAST OF 35th IN  

1310
00:49:08,111 --> 00:49:11,448
DISTRICT ONE CAN STAY IN THEIR  

1311
00:49:11,448 --> 00:49:14,284
COMMUNITIES. WE CAN SEE, FOR  

1312
00:49:14,284 --> 00:49:19,022
INSTANCE, OH REALLY WAS  

1313
00:49:19,022 --> 00:49:21,024
COMMITTED TO THE IDEA OF WORKIN 

1314
00:49:21,024 --> 00:49:24,628
TO BUILD AFFORDABLE HOUSING IN  

1315
00:49:24,628 --> 00:49:29,700
SOUTH PARK AND THAT FOCUS ON  

1316
00:49:29,700 --> 00:49:32,936
THAT GEOGRAPHIC NEIGHBORHOOD DI 

1317
00:49:32,936 --> 00:49:34,571
RESULT IN SOME SPECIFIC  

1318
00:49:34,571 --> 00:49:36,073
INVESTMENTS FOR HOMEOWNERSHIP I 

1319
00:49:36,073 --> 00:49:39,376
SOUTH PARK. I FEEL LIKE IF WE  

1320
00:49:39,376 --> 00:49:42,612
HAD A GEOGRAPHIC FOCUS AND GOAL 

1321
00:49:42,612 --> 00:49:45,248
FOR ACQUISITION, IT WOULD MORE  

1322
00:49:45,248 --> 00:49:46,216
DRIVE AS A STRATEGY. THE KINDS  

1323
00:49:46,216 --> 00:49:48,185
OF OUTCOMES THAT WE WOULD LIKE  

1324
00:49:48,185 --> 00:49:51,154
TO SEE, SO JUST AGAIN, WOULD  

1325
00:49:51,154 --> 00:49:56,693
LOVE TO HEAR YOUR THOUGHTS ABOU 

1326
00:49:56,693 --> 00:50:00,697
THAT GIVEN SORT OF THE CURRENT 

1327
00:50:00,697 --> 00:50:01,298
PROPOSAL, THE CURRENT HOUSING 

1328
00:50:01,298 --> 00:50:03,066
MARKET, WHETHER OR NOT WE 

1329
00:50:03,066 --> 00:50:04,468
THOUGHT ABOUT HOW MANY BUILDING 

1330
00:50:04,468 --> 00:50:08,605
AND HOW MANY UNITS WE EXPECT TO 

1331
00:50:08,605 --> 00:50:11,074
BE ACQUIRED AND HAVE THEIR 

1332
00:50:11,074 --> 00:50:12,843
AFFORDABILITY PRESERVED OVER TH 

1333
00:50:12,843 --> 00:50:15,712
COURSE OF FOUR YEARS AND WHETHE 

1334
00:50:15,712 --> 00:50:20,784
OR NOT ACQUISITION COULD BE AN 

1335
00:50:20,784 --> 00:50:25,822
EFFECTIVE STRATEGY TO INCREASE 

1336
00:50:25,822 --> 00:50:26,556
GEOGRAPHIC DISPERSION. THANK 

1337
00:50:26,556 --> 00:50:26,757
YOU. 

1338
00:50:26,757 --> 00:50:27,124
>> GO AHEAD. 

1339
00:50:27,124 --> 00:50:31,261
>> THANK YOU VERY MUCH COUNCIL 

1340
00:50:31,261 --> 00:50:32,729
MEMBER HERBOLD. SO, THE  

1341
00:50:32,729 --> 00:50:34,331
ACQUISITION LOAN AS I THINK  

1342
00:50:34,331 --> 00:50:36,833
KELLI MENTIONED IS TO PURCHASE  

1343
00:50:36,833 --> 00:50:39,336
EITHER LAND OR EXISTING 

1344
00:50:39,336 --> 00:50:40,137
BUILDINGS. IT'S A SHORT-TERM  

1345
00:50:40,137 --> 00:50:43,240
LOAN. BUT WE BUY IT AND AS WE G 

1346
00:50:43,240 --> 00:50:43,807
THROUGH, ESPECIALLY WITH 

1347
00:50:43,807 --> 00:50:45,642
OCCUPIED BUILDINGS, BUT IT 

1348
00:50:45,642 --> 00:50:48,945
DOESN'T HAVE TO BE OCCUPIED 

1349
00:50:48,945 --> 00:50:51,281
BUILDINGS. WE USE THE SHORT-TER 

1350
00:50:51,281 --> 00:50:52,582
ACQUISITION LOAN TO BASICALLY 

1351
00:50:52,582 --> 00:50:56,052
ACQUIRE. THEN WE WILL USE PART  

1352
00:50:56,052 --> 00:50:57,287
OF THAT LARGEST BUCKET, THE  

1353
00:50:57,287 --> 00:51:00,123
PERMANENT, WHAT ARE WE CALLING  

1354
00:51:00,123 --> 00:51:01,224
THAT? THE RENTAL PRODUCTION AND 

1355
00:51:01,224 --> 00:51:03,293
PRESERVATION PLOT. THAT COMES I 

1356
00:51:03,293 --> 00:51:05,362
AND BECOMES THE PERMANENT LOAN  

1357
00:51:05,362 --> 00:51:07,397
FOR THAT PROPERTY. IF THAT MAKE 

1358
00:51:07,397 --> 00:51:09,466
SENSE. SO WE ACQUIRE IT WITH TH 

1359
00:51:09,466 --> 00:51:11,201
ACQUISITION LOAN AND THEN WE 

1360
00:51:11,201 --> 00:51:14,604
WILL TAKE THE DUE DILIGENCE TIM 

1361
00:51:14,604 --> 00:51:15,705
NEEDED, IF IT'S ALREADY 

1362
00:51:15,705 --> 00:51:17,040
DEVELOPED BUILDING TO GO THROUG 

1363
00:51:17,040 --> 00:51:17,974
AND LOOK AND FIGURE OUT REALLY 

1364
00:51:17,974 --> 00:51:21,344
WORK WITH THE TEAM AND WORK WIT 

1365
00:51:21,344 --> 00:51:22,646
THE BUYER, THE INVESTOR, TO 

1366
00:51:22,646 --> 00:51:24,114
FIGURE OUT THE BEST FINANCING 

1367
00:51:24,114 --> 00:51:26,083
AND TO FIGURE OUT WHAT WE DO 

1368
00:51:26,083 --> 00:51:27,651
WITH THE INCOME LEVELS, WHO 

1369
00:51:27,651 --> 00:51:29,886
WE'RE TARGETING AND ALL THAT. S 

1370
00:51:29,886 --> 00:51:30,821
THE RENTAL PRODUCTION DOLLARS D 

1371
00:51:30,821 --> 00:51:33,390
GO IN AND BUY NEW BUILDINGS AND 

1372
00:51:33,390 --> 00:51:35,826
OVER THE PAST, I HAVE A LIST 

1373
00:51:35,826 --> 00:51:38,728
HERE, OF SOME OF THE BUILDINGS 

1374
00:51:38,728 --> 00:51:39,729
THAT WE'VE PURCHASED THAT WERE 

1375
00:51:39,729 --> 00:51:44,234
ALREADY BUILT THAT WE DID NOT 

1376
00:51:44,234 --> 00:51:49,005
BUILD. WE HAVE ONE, TWO, THREE. 

1377
00:51:49,005 --> 00:51:51,975
>> 14 BUILDINGS. 1,038 UNITS. 

1378
00:51:51,975 --> 00:51:53,510
>> THANK YOU. YES. SO, WE DO 

1379
00:51:53,510 --> 00:51:57,114
HAVE A SLIDE LATER ON THAT TALK 

1380
00:51:57,114 --> 00:51:57,781
ABOUT GEOGRAPHIC TARGETING. IF  

1381
00:51:57,781 --> 00:52:00,417
THAT IS HELPFUL FOR YOU AS WELL 

1382
00:52:00,417 --> 00:52:03,587
SO HOLD THAT QUESTION ONCE 

1383
00:52:03,587 --> 00:52:05,956
AGAIN, PLEASE DO. I'M LOOKING  

1384
00:52:05,956 --> 00:52:07,657
OVER AT KELLI, ARE WE SWITCHING 

1385
00:52:07,657 --> 00:52:07,958
SEATS NOW? 

1386
00:52:07,958 --> 00:52:12,662
>> I UNDERSTAND HOW THE 

1387
00:52:12,662 --> 00:52:14,564
SHORT-TERM ACQUISITION LOAN  

1388
00:52:14,564 --> 00:52:15,832
WORKS WITH THE RENTAL HOUSING  

1389
00:52:15,832 --> 00:52:18,301
PROGRAM. MY QUESTION IS, CAN WE 

1390
00:52:18,301 --> 00:52:20,470
IN THIS LEVY, NOT PUNT IT OVER  

1391
00:52:20,470 --> 00:52:23,573
TO THE PLAN, BUT IN THIS LEVY,  

1392
00:52:23,573 --> 00:52:25,642
LIKE WE HAVE FOR OTHER  

1393
00:52:25,642 --> 00:52:27,911
CATEGORIES, CREATE GOALS FOR  

1394
00:52:27,911 --> 00:52:31,648
NUMBERS OF BUILDINGS AND OR  

1395
00:52:31,648 --> 00:52:37,287
UNITS THAT WE ACQUIRE AND THE  

1396
00:52:37,287 --> 00:52:38,922
FUNDING ASSOCIATED SPECIFICALLY 

1397
00:52:38,922 --> 00:52:40,257
WITH THE ACQUISITION PIECE 

1398
00:52:40,257 --> 00:52:45,962
EITHER AS A SUBSET OF THE RENTA 

1399
00:52:45,962 --> 00:52:47,297
HOUSING PRODUCTION LARGER 

1400
00:52:47,297 --> 00:52:49,533
CATEGORY OR PULLING IT OUT? I  

1401
00:52:49,533 --> 00:52:51,501
WOULD LIKE TO USE GOALS TO DRIV 

1402
00:52:51,501 --> 00:52:57,407
THE OUTCOMES WE WANT TO SEE. 

1403
00:52:57,407 --> 00:52:58,775
>> I'M GOING TO ASK FOR SOME 

1404
00:52:58,775 --> 00:53:01,511
TIME TO THINK ABOUT WHAT THE 

1405
00:53:01,511 --> 00:53:02,546
IMPLICATIONS OF THAT COULD BE. 

1406
00:53:02,546 --> 00:53:07,217
SO WE WILL HAVE TO GET BACK TO  

1407
00:53:07,217 --> 00:53:08,685
YOU  ON THAT. 

1408
00:53:08,685 --> 00:53:09,252
>> THANK YOU. 

1409
00:53:09,252 --> 00:53:10,720
>> I WILL ASK IF CENTRAL STAFF 

1410
00:53:10,720 --> 00:53:12,789
HAS ANY THOUGHTS ON THAT. 

1411
00:53:12,789 --> 00:53:13,390
COUNCIL MEMBER, YOUR LAST 

1412
00:53:13,390 --> 00:53:15,425
MEETING COMMENTS PROMPTED ME TO 

1413
00:53:15,425 --> 00:53:16,760
HAVE A CONVERSATION WITH CENTRA 

1414
00:53:16,760 --> 00:53:22,132
STAFF ABOUT SPECIFIC GOALS AND 

1415
00:53:22,132 --> 00:53:23,199
WONDERED IF TRACI, IF YOU WANT 

1416
00:53:23,199 --> 00:53:24,868
TO GET BACK TO US, GREAT. IF YO 

1417
00:53:24,868 --> 00:53:26,536
HAVE ANYTHING OFF THE TOP OF  

1418
00:53:26,536 --> 00:53:27,804
YOUR HEAD RELATED TO THOSE 

1419
00:53:27,804 --> 00:53:30,540
SPECIFIC DETAILS THAT COULD BE 

1420
00:53:30,540 --> 00:53:32,943
INCLUDED IN THE HOUSING LEVY 

1421
00:53:32,943 --> 00:53:34,210
VERSUS THE FINANCE PLAN, THAT 

1422
00:53:34,210 --> 00:53:36,046
WOULD BE GREAT. WE CAN ALSO 

1423
00:53:36,046 --> 00:53:36,646
FOLLOW UP LATER. 

1424
00:53:36,646 --> 00:53:41,418
>> I THINK WE SHOULD FOLLOW UP 

1425
00:53:41,418 --> 00:53:41,985
LATER. I THINK DIRECTOR  

1426
00:53:41,985 --> 00:53:43,587
WINKLER-CHIN WAS GETTING AT ONE 

1427
00:53:43,587 --> 00:53:44,621
OF THE COMPLEXITIES OF THIS  

1428
00:53:44,621 --> 00:53:46,723
ISSUE. IT MAY BE GOOD TO HAVE A 

1429
00:53:46,723 --> 00:53:47,991
GOAL ABOUT THIS, BUT REMEMBER  

1430
00:53:47,991 --> 00:53:50,093
THAT THE LEVY IS JUST ONE SOURC 

1431
00:53:50,093 --> 00:53:51,595
OF FUNDING THAT ACTUALLY GETS  

1432
00:53:51,595 --> 00:53:53,563
USED TO DO SOME OF THESE 

1433
00:53:53,563 --> 00:53:55,065
ACQUISITIONS, WHICH AS WE FOUND 

1434
00:53:55,065 --> 00:53:59,302
IN THE LAST COUPLE YEARS, HAS 

1435
00:53:59,302 --> 00:54:00,604
BEEN VERY OPPORTUNISTIC. IT HAS 

1436
00:54:00,604 --> 00:54:02,272
BEEN DRIVEN BY THE AVAILABILITY 

1437
00:54:02,272 --> 00:54:03,840
OF FEDERAL AND STATE DOLLARS TO 

1438
00:54:03,840 --> 00:54:05,442
ALLOW US TO DO THIS. WE HAD A 

1439
00:54:05,442 --> 00:54:07,410
VERY ROBUST OPPORTUNITY TO DO  

1440
00:54:07,410 --> 00:54:08,979
THOSE KINDS OF ACQUISITIONS OF  

1441
00:54:08,979 --> 00:54:11,881
THOSE NEW BUILDINGS AND EXISTIN 

1442
00:54:11,881 --> 00:54:12,549
BUILDINGS THAT HAVE RECENTLY  

1443
00:54:12,549 --> 00:54:14,117
BEEN COMPLETED. WE MAY NOT AND  

1444
00:54:14,117 --> 00:54:15,585
DON'T KNOW WHEN WE'LL HAVE THOS 

1445
00:54:15,585 --> 00:54:16,519
NEXT OPPORTUNITIES TO DO. I  

1446
00:54:16,519 --> 00:54:18,088
THINK THE COMBINATION OF WHAT W 

1447
00:54:18,088 --> 00:54:19,422
HAVE MULTIPLE FUND SOURCES THAT 

1448
00:54:19,422 --> 00:54:22,025
CAN COME IN TO BE BROUGHT TO  

1449
00:54:22,025 --> 00:54:23,927
THIS ACTIVITY AND THE UNCERTAIN 

1450
00:54:23,927 --> 00:54:24,828
WHEN THESE OPPORTUNITIES COME,  

1451
00:54:24,828 --> 00:54:26,763
WHAT MIGHT MAKE IT HARD TO HAVE 

1452
00:54:26,763 --> 00:54:28,098
AN ANNUAL GOL, BUT IT MIGHT  

1453
00:54:28,098 --> 00:54:29,833
MAKE SENSE TO HAVE A SEVEN-YEAR 

1454
00:54:29,833 --> 00:54:32,035
GOAL THAT WOULD ACTUALLY, IN MY 

1455
00:54:32,035 --> 00:54:35,171
MIND, SWEEP OVER NOT JUST THE  

1456
00:54:35,171 --> 00:54:36,506
LEVY, BUT INCORPORATE THESE  

1457
00:54:36,506 --> 00:54:38,074
OTHER FUND SOURCES, BECAUSE I  

1458
00:54:38,074 --> 00:54:39,309
KNOW FROM LOOKING AT THE  

1459
00:54:39,309 --> 00:54:42,212
INVESTMENT REPORTS, WE HAVE USE 

1460
00:54:42,212 --> 00:54:44,447
A MIX OF DIFFERENT FUND SOURCES 

1461
00:54:44,447 --> 00:54:45,782
FOR THOSE ACQUISITIONS. I THINK 

1462
00:54:45,782 --> 00:54:47,250
IT MIGHT BE MORE APPROPRIATE  

1463
00:54:47,250 --> 00:54:48,952
THAT IF THERE'S A DESIRE FOR TH 

1464
00:54:48,952 --> 00:54:50,053
COUNCIL TO HAVE A GOAL AROUND  

1465
00:54:50,053 --> 00:54:53,056
THIS, IT MIGHT BE THAT IS  

1466
00:54:53,056 --> 00:54:54,658
ESTABLISHING THE HOUSING FUNDIN 

1467
00:54:54,658 --> 00:54:56,359
POLICIES, THAT AGAIN, COVERS AL 

1468
00:54:56,359 --> 00:54:57,594
FUND SOURCES VERSUS IT BEING A  

1469
00:54:57,594 --> 00:54:59,596
GOAL TIED JUST TO THE LEVY. 

1470
00:54:59,596 --> 00:55:00,897
AGAIN BECAUSE I THINK MULTIPLE 

1471
00:55:00,897 --> 00:55:07,904
SOURCES HAVE BEEN USED FOR THOS 

1472
00:55:07,904 --> 00:55:08,471
ACQUISITIONS. THOSE ARE MY 

1473
00:55:08,471 --> 00:55:08,872
INITIAL THOUGHTS. 

1474
00:55:08,872 --> 00:55:12,742
>>  OKAY. GREAT. WE WILL GET  

1475
00:55:12,742 --> 00:55:14,244
ADDITIONAL INFORMATION TO COME. 

1476
00:55:14,244 --> 00:55:15,478
THANKS FOR THAT REMINDER. I'M  

1477
00:55:15,478 --> 00:55:17,113
NOT SEEING ANY ADDITIONAL HANDS 

1478
00:55:17,113 --> 00:55:18,615
AT THIS POINT. MAYBE FOLKS WANT 

1479
00:55:18,615 --> 00:55:20,383
TO FOLD IT INTO QUESTIONS COMIN 

1480
00:55:20,383 --> 00:55:25,789
LATER. WE WILL GO AHEAD AND KEE 

1481
00:55:25,789 --> 00:55:26,022
GOING. 

1482
00:55:26,022 --> 00:55:27,157
>> GREAT. THANK YOU. FOR  

1483
00:55:27,157 --> 00:55:28,491
OPERATING MAINTENANCE AND 

1484
00:55:28,491 --> 00:55:32,329
SERVICES SUPPORT OR O.M.S., WE 

1485
00:55:32,329 --> 00:55:33,863
PROPOSE $122 MILLION. ALL O.M.S 

1486
00:55:33,863 --> 00:55:36,199
FUNDS SUPPORT HOUSEHOLDS LIVING 

1487
00:55:36,199 --> 00:55:39,269
AT 0 TO 30%. OF MEDIAN INCOME  

1488
00:55:39,269 --> 00:55:41,971
AND LOWEST INCOME NEIGHBORS. IN 

1489
00:55:41,971 --> 00:55:43,006
SUPPORT OF HOUSING, WE'RE 

1490
00:55:43,006 --> 00:55:45,642
SUPPORTING FOLKS LIVING TO 10 T 

1491
00:55:45,642 --> 00:55:48,244
20% PERCENT. IN ORDER TO ADDRES 

1492
00:55:48,244 --> 00:55:50,814
THE NEEDS SUFFERING OUTDOORS  

1493
00:55:50,814 --> 00:55:53,083
WITHOUT HOUSING OR THOSE  

1494
00:55:53,083 --> 00:55:53,883
CURRENTLY SERVED BY HOMELESS  

1495
00:55:53,883 --> 00:55:56,720
PROGRAMS, THIS IS CRITICAL FOR  

1496
00:55:56,720 --> 00:55:57,487
SERVICES TO SUPPORT LONG-TERM  

1497
00:55:57,487 --> 00:55:58,955
STABILITY. THIS PROGRAM AREA  

1498
00:55:58,955 --> 00:56:00,356
PAYS FOR THE STAFF THAT WORK 24 

1499
00:56:00,356 --> 00:56:02,492
HOUR AS DAY, SEVEN DAYS A WEEK, 

1500
00:56:02,492 --> 00:56:03,460
IN SUPPORTIVE HOUSING. IT PAYS  

1501
00:56:03,460 --> 00:56:05,962
TO KEEP THE WATER RUNNING AND  

1502
00:56:05,962 --> 00:56:06,563
LIGHTS ON, ADDRESSES REGULAR 

1503
00:56:06,563 --> 00:56:12,969
REPAIRS AND PAINT AND JANITORIA 

1504
00:56:12,969 --> 00:56:15,872
WORK. GO TOWARD O.M.S. FOR NEWL 

1505
00:56:15,872 --> 00:56:17,440
DEVELOPED HOMES. WITH OUR  

1506
00:56:17,440 --> 00:56:19,476
PARTNERS, WE'LL SUPPORT 510 NEW 

1507
00:56:19,476 --> 00:56:21,911
HOMES WITH TWENTY YEAR CONTRACT 

1508
00:56:21,911 --> 00:56:22,479
REIMBURSING FOR STAFFING,  

1509
00:56:22,479 --> 00:56:24,380
ELECTRICITY, AND WATER, ALL THE 

1510
00:56:24,380 --> 00:56:26,316
IMPORTANT COMPONENTS THAT  

1511
00:56:26,316 --> 00:56:27,350
TRANSFORM OUR BUILDINGS INTO  

1512
00:56:27,350 --> 00:56:29,886
HOMES. THIS PROPOSAL INCREASES  

1513
00:56:29,886 --> 00:56:31,721
THE PER HOME CONTRIBUTION FOR  

1514
00:56:31,721 --> 00:56:33,790
O.M.S. FROM 2500 TO 5400 PER  

1515
00:56:33,790 --> 00:56:36,960
HOME, PER YEAR, FOR A SLIGHTLY  

1516
00:56:36,960 --> 00:56:38,094
DEEPER SUBSIDY. WE'RE EXCITED T 

1517
00:56:38,094 --> 00:56:40,930
SHARE THIS PROPOSAL OFFERS NEW  

1518
00:56:40,930 --> 00:56:46,002
PROGRAMMING WITH THIS WORK FORC 

1519
00:56:46,002 --> 00:56:46,703
STABILIZATION AND O.M.S. 

1520
00:56:46,703 --> 00:56:47,704
COMPONENT. FACING SERIOUS  

1521
00:56:47,704 --> 00:56:51,875
CHALLENGES WITH WORK FORCE  

1522
00:56:51,875 --> 00:56:52,542
RECRUITMENT AND RETENTION. THIS 

1523
00:56:52,542 --> 00:56:53,309
WILL SUPPORT ANOTHER 646 

1524
00:56:53,309 --> 00:56:55,211
EXISTING HOMES SO THE STAFF CAN 

1525
00:56:55,211 --> 00:56:57,580
DO THEIR GOOD WORK. RESIDENTS  

1526
00:56:57,580 --> 00:56:58,982
MAY HAVE RECEIVED QUALITY  

1527
00:56:58,982 --> 00:57:01,251
SERVICES AND CONTINUITY OF CARE 

1528
00:57:01,251 --> 00:57:04,654
AND SO PROVIDERS CAN OPERATE  

1529
00:57:04,654 --> 00:57:05,688
BUILDINGS LONG-TERM BOTH SAFELY 

1530
00:57:05,688 --> 00:57:06,890
AND SUSTAINABLELY. AS YOU SAW  

1531
00:57:06,890 --> 00:57:11,094
FROM THE DATA SHARED AT THE LAS 

1532
00:57:11,094 --> 00:57:13,863
COMMITTEE MEETING, IT'S CRUCIAL 

1533
00:57:13,863 --> 00:57:18,468
WE STABILIZE OUR HOUSING BY  

1534
00:57:18,468 --> 00:57:20,136
STABILIZING THE WAGES. BETTER  

1535
00:57:20,136 --> 00:57:22,172
SUPPORT RESIDENTS PROGRAMS AND  

1536
00:57:22,172 --> 00:57:23,573
BUILDINGS. AND FINAL NOTE,  

1537
00:57:23,573 --> 00:57:24,674
SUPPORTIVE HOUSING REQUIRES  

1538
00:57:24,674 --> 00:57:26,009
OTHER FUND SOURCES INCLUDING  

1539
00:57:26,009 --> 00:57:27,143
FEDERAL, STATE, AND COUNTY FUND 

1540
00:57:27,143 --> 00:57:28,878
AND WE WILL CONTINUE WORKING  

1541
00:57:28,878 --> 00:57:30,914
WITH OUR PARTNERS TO MAXIMIZE  

1542
00:57:30,914 --> 00:57:39,456
THE OTHER O.M.S. FUNDS FOR THES 

1543
00:57:39,456 --> 00:57:42,458
PROJECTS. WE PROPOSE $51 MILLIO 

1544
00:57:42,458 --> 00:57:43,026
TO SUPPORT HOMEOWNERSHIP, 

1545
00:57:43,026 --> 00:57:45,562
DEVELOPMENT, AND STABILIZATION 

1546
00:57:45,562 --> 00:57:47,363
PROGRAMS FOR LOW INCOME 

1547
00:57:47,363 --> 00:57:48,731
HOMEOWNERS. CREATING NEW HIGH  

1548
00:57:48,731 --> 00:57:50,467
QUALITY HOMES STAVES OFF  

1549
00:57:50,467 --> 00:57:51,668
DISPLACEMENT OF LOWER INCOME  

1550
00:57:51,668 --> 00:57:52,936
HOUSEHOLDS FROM SEATTLE AND  

1551
00:57:52,936 --> 00:57:55,138
CREATES OPPORTUNITY FOR 

1552
00:57:55,138 --> 00:57:56,773
STABILITY AND WEALTH CREATION  

1553
00:57:56,773 --> 00:57:59,609
FOR HOUSEHOLDS WHO WOULD NOT  

1554
00:57:59,609 --> 00:58:00,743
OTHERWISE ACCESS HOMEOWNERSHIP  

1555
00:58:00,743 --> 00:58:02,478
HERE. THE TYPES OF HOMES  

1556
00:58:02,478 --> 00:58:04,113
DEVELOPED INCLUDE TOWN HOMES AN 

1557
00:58:04,113 --> 00:58:06,182
STACKED FLATS SUCH AS CONDOS OR 

1558
00:58:06,182 --> 00:58:07,417
COOPERATIVES OR OTHER MISSING 

1559
00:58:07,417 --> 00:58:08,885
MIDDLE HOUSING TYPES, LIKE THE 

1560
00:58:08,885 --> 00:58:11,187
BEAUTIFUL SOUTH PARK COTTAGES 

1561
00:58:11,187 --> 00:58:14,657
YOU SEE IN THIS PHOTO. O.H.  

1562
00:58:14,657 --> 00:58:16,326
INVESTS IN FOR SALE HOMES AND I 

1563
00:58:16,326 --> 00:58:19,696
GROWING THE STOCK OF HIGH 

1564
00:58:19,696 --> 00:58:25,134
QUALITY HOMES, AFFORDABLE WITH 

1565
00:58:25,134 --> 00:58:26,936
HOUSEHOLDS AT OR BELOW MEDIAN.  

1566
00:58:26,936 --> 00:58:28,571
AN ACTIVE MEMBER AND SUPPORTS 

1567
00:58:28,571 --> 00:58:30,173
THIS REGIONAL EFFORT TO ASSIST 

1568
00:58:30,173 --> 00:58:32,108
1500 BLACK, LOW AND MODERATE 

1569
00:58:32,108 --> 00:58:35,178
INCOME HOME BUYERS IN SEATTLE, 

1570
00:58:35,178 --> 00:58:37,146
KING, AND PIERCE COUNTIES. IN  

1571
00:58:37,146 --> 00:58:37,947
TOTAL, THESE INVESTMENTS WILL 

1572
00:58:37,947 --> 00:58:39,883
SUPPORT NEARLY 400 HOME BUYERS 

1573
00:58:39,883 --> 00:58:42,552
AND HOMEOWNERS TO OBTAIN AND 

1574
00:58:42,552 --> 00:58:44,921
MAINTAIN STABLE HOUSING. THE  

1575
00:58:44,921 --> 00:58:46,589
MAJORITY OF THESE INVESTMENTS,  

1576
00:58:46,589 --> 00:58:49,359
90%, GO TOWARD DEVELOPMENT OF  

1577
00:58:49,359 --> 00:58:50,326
NEW PERMANENTLY AFFORDABLE  

1578
00:58:50,326 --> 00:58:51,995
HOMES. DEEPER INVESTMENTS IN  

1579
00:58:51,995 --> 00:58:53,329
PROGRAMS WITH THIS PROPOSAL,  

1580
00:58:53,329 --> 00:58:54,297
RAISING EXISTING CAPS TO ADDRESS

1581
00:58:54,297 --> 00:58:57,400
DEVELOPMENT NEEDS IN THIS TIME 

1582
00:58:57,400 --> 00:58:58,334
OF INCREASING COSTS. 

1583
00:58:58,334 --> 00:59:01,037
APPROXIMATELY 5% OF FUNDS TO 

1584
00:59:01,037 --> 00:59:02,005
SUPPORT DOWN PAYMENT ASSISTANCE 

1585
00:59:02,005 --> 00:59:03,439
FOR FIRST-TIME HOME BUYERS AND 

1586
00:59:03,439 --> 00:59:06,276
5% OF FUNDS SUPPORT HOME REPAIR 

1587
00:59:06,276 --> 00:59:07,543
GRANTS AND FORECLOSURE 

1588
00:59:07,543 --> 00:59:10,413
PREVENTION LOANS TO MAINTAIN 

1589
00:59:10,413 --> 00:59:11,014
STABILITY FOR EXISTING 

1590
00:59:11,014 --> 00:59:11,314
HOMEOWNERS. 

1591
00:59:11,314 --> 00:59:14,717
>> LET ME PAUSE ON THIS SLIDE 

1592
00:59:14,717 --> 00:59:17,820
REAL QUICK. I WAS AT THAT  

1593
00:59:17,820 --> 00:59:20,790
CEREMONY, THAT RIBBON CUTTING  

1594
00:59:20,790 --> 00:59:22,191
CEREMONY IN SOUTH PARK. COUNCIL 

1595
00:59:22,191 --> 00:59:26,329
MEMBER HERBOLD WAS THERE. WE HA 

1596
00:59:26,329 --> 00:59:27,597
STATE LEGISLATORS THERE, AND WH 

1597
00:59:27,597 --> 00:59:29,265
ELSE WAS THERE? THE REASON I  

1598
00:59:29,265 --> 00:59:31,467
WANTED TO PAUSE HERE AND COUNCI 

1599
00:59:31,467 --> 00:59:32,568
MEMBER HERBOLD WILL REMEMBER  

1600
00:59:32,568 --> 00:59:34,003
THIS. YOU CAN SEE THE TREE IN  

1601
00:59:34,003 --> 00:59:36,839
THIS PICTURE AND I THINK IT'S A 

1602
00:59:36,839 --> 00:59:40,910
GREAT EXAMPLE OF WHERE WE CAN  

1603
00:59:40,910 --> 00:59:42,078
BUILD NEW AND INCLUSIVE, DENSER 

1604
00:59:42,078 --> 00:59:43,980
HOUSING, AND ALSO DO TREE 

1605
00:59:43,980 --> 00:59:46,115
PRESERVATION AND PROTECTION. SO 

1606
00:59:46,115 --> 00:59:47,984
THAT WAS A VERY LARGE TREE AND  

1607
00:59:47,984 --> 00:59:51,387
WE TALKED A LOT ABOUT IT BEING  

1608
00:59:51,387 --> 00:59:53,289
PLACE WHERE KIDDOS WOULD PLAY  

1609
00:59:53,289 --> 00:59:54,958
AND ELDERS WOULD GATHER AND 

1610
00:59:54,958 --> 00:59:57,260
GREAT EXAMPLE OF PRESERVING OLD 

1611
00:59:57,260 --> 00:59:59,362
TREES AS WELL AS NEW TREES 

1612
00:59:59,362 --> 01:00:01,931
PLANTED AROUND THE AREA. ALL  

1613
01:00:01,931 --> 01:00:03,266
RIGHT, THAT'S MY PSA. HOUSING  

1614
01:00:03,266 --> 01:00:07,403
AND TREES DO MIX AND ARE 

1615
01:00:07,403 --> 01:00:09,238
ABSOLUTELY IN ALIGNMENT WITH TH 

1616
01:00:09,238 --> 01:00:11,274
PLAN TO CREATE ADDITIONAL 

1617
01:00:11,274 --> 01:00:13,509
HOUSING, DENSE HOUSING, AND TO 

1618
01:00:13,509 --> 01:00:14,344
MAXIMIZE OPPORTUNITIES FOR OLD 

1619
01:00:14,344 --> 01:00:16,346
GROWTH AS WELL AS PLANTING NEW 

1620
01:00:16,346 --> 01:00:19,148
TREES. ALL RIGHT, WE CAN GO ON. 

1621
01:00:19,148 --> 01:00:19,749
COUNCIL MEMBER HERBOLD. 

1622
01:00:19,749 --> 01:00:21,351
>> I WAS JUST WONDERING IF THIS 

1623
01:00:21,351 --> 01:00:23,419
WAS A GOOD TIME TO TAKE A PAUSE 

1624
01:00:23,419 --> 01:00:26,322
>> IS THIS A GOOD TIME TO TAKE  

1625
01:00:26,322 --> 01:00:26,556
PAUSE? 

1626
01:00:26,556 --> 01:00:28,191
>> I SAW NODS. PLEASE GO AHEAD. 

1627
01:00:28,191 --> 01:00:35,498
>> THANK YOU. JUST GOING BACK T 

1628
01:00:35,498 --> 01:00:38,134
THE WORK FORCE STABILIZATION 

1629
01:00:38,134 --> 01:00:42,338
SLIDE. I GUESS IT'S $34 MILLION 

1630
01:00:42,338 --> 01:00:43,773
FOR WORK FORCE STABILIZATION AN 

1631
01:00:43,773 --> 01:00:47,010
O.M.S. SUPPORT. SOME PORTION OF 

1632
01:00:47,010 --> 01:00:53,082
THAT IS INTENDED SPECIFICALLY T 

1633
01:00:53,082 --> 01:00:54,017
INCREASE WORKER WAGES IN P.S.A. 

1634
01:00:54,017 --> 01:00:57,920
HOUSING, AND A PORTION OF IT  

1635
01:00:57,920 --> 01:01:01,624
WILL GO TOWARD DEFERRED  

1636
01:01:01,624 --> 01:01:02,392
MAINTENANCE NEEDS OF THESE  

1637
01:01:02,392 --> 01:01:03,126
BUILDINGS. $34MILLION WON'T GO  

1638
01:01:03,126 --> 01:01:06,929
TOO FAR WHEN IT COMES TO  

1639
01:01:06,929 --> 01:01:08,398
MAINTENANCE. WHY ARE THESE TWO  

1640
01:01:08,398 --> 01:01:10,199
VERY DIFFERENT GOALS PROPOSED  

1641
01:01:10,199 --> 01:01:13,736
FOR THE SAME BUCKET OF FUNDING? 

1642
01:01:13,736 --> 01:01:16,739
AND IF WE HAVE A BALLPARK OF HO 

1643
01:01:16,739 --> 01:01:20,176
MUCH OF THE POT IS INTENDED FOR 

1644
01:01:20,176 --> 01:01:21,010
MAINTENANCE VERSUS WAGES AND 

1645
01:01:21,010 --> 01:01:23,046
WHAT MECHANISMS WILL BE PUT INT 

1646
01:01:23,046 --> 01:01:26,049
PLACE TO ENSURE THAT THE BULK O 

1647
01:01:26,049 --> 01:01:29,719
THE FUNDING GOES TO WORKER 

1648
01:01:29,719 --> 01:01:38,227
WAGES? I BELIEVE THAT IS THE  

1649
01:01:38,227 --> 01:01:38,761
POLICY OBJECTIVE FOR THIS 

1650
01:01:38,761 --> 01:01:43,966
PARTICULAR BUCKET. AND AGAIN, A 

1651
01:01:43,966 --> 01:01:45,234
BACKGROUND, ADDRESSING WORK  

1652
01:01:45,234 --> 01:01:46,803
FORCE, STABILIZATION, IS A HIGH 

1653
01:01:46,803 --> 01:01:48,104
PRIORITY FOR THIS COUNCIL, 

1654
01:01:48,104 --> 01:01:51,040
REALLY APPRECIATE THAT THE MAYO 

1655
01:01:51,040 --> 01:01:52,608
HAS INCLUDED FUNDS DEDICATED TO 

1656
01:01:52,608 --> 01:01:55,711
THIS GOAL IN THE LEVY PACKAGE 

1657
01:01:55,711 --> 01:01:59,082
THROUGH OUR PUBLIC SAFETY AND 

1658
01:01:59,082 --> 01:02:00,416
HUMAN SERVICES COMMITTEE. WE  

1659
01:02:00,416 --> 01:02:02,351
RECENTLY HEARD FROM A UNIVERSIT 

1660
01:02:02,351 --> 01:02:05,421
OF WASHINGTON LED TEAM OF  

1661
01:02:05,421 --> 01:02:07,190
NATIONAL AND INTERNATIONAL  

1662
01:02:07,190 --> 01:02:08,825
SCHOLARS PRESENTING THE RESULTS 

1663
01:02:08,825 --> 01:02:10,927
AND RECOMMENDATIONS OF IN-DEPTH 

1664
01:02:10,927 --> 01:02:13,129
RESEARCH THAT THE COUNCIL 

1665
01:02:13,129 --> 01:02:16,966
FUNDED. INTO THE PAY PENALTY  

1666
01:02:16,966 --> 01:02:18,568
EXPERIENCE BY KING COUNTY'S  

1667
01:02:18,568 --> 01:02:19,302
NONPROFIT. HUMAN SERVICES  

1668
01:02:19,302 --> 01:02:21,170
WORKERS, WHICH INCLUDE THOSE  

1669
01:02:21,170 --> 01:02:21,804
WORKING IN AFFORDABLE HOUSING. 

1670
01:02:21,804 --> 01:02:25,708
SO, THE RESEARCH AGAIN WAS 

1671
01:02:25,708 --> 01:02:29,178
FUNDED BY THE COUNCIL IN 2021 

1672
01:02:29,178 --> 01:02:33,049
AND IT PUTS HARD DATA BEHIND TH 

1673
01:02:33,049 --> 01:02:36,219
ALARMS THAT ARE MISSION CRITICA 

1674
01:02:36,219 --> 01:02:39,922
NONPROFIT PARTNERS HAVE BEEN 

1675
01:02:39,922 --> 01:02:40,757
SOUNDING SINCE THE PANDEMIC 

1676
01:02:40,757 --> 01:02:42,391
BEGAN AND YOU KNOW, THE TRUTH 

1677
01:02:42,391 --> 01:02:46,596
IS, IF WE DON'T INCREASE WORKER 

1678
01:02:46,596 --> 01:02:48,097
WAGES, WE'RE INSURING THE 

1679
01:02:48,097 --> 01:02:48,931
CRITICAL SERVICES WE ALSO 

1680
01:02:48,931 --> 01:02:51,334
PROVIDE FUNDING FOR WILL NOT BE 

1681
01:02:51,334 --> 01:02:53,769
AVAILABLE TO THOSE WHO NEED 

1682
01:02:53,769 --> 01:02:55,438
THEM. SIMPLY BECAUSE FEW PEOPLE 

1683
01:02:55,438 --> 01:02:57,907
ARE WILLING TO APPLY FOR OR STA 

1684
01:02:57,907 --> 01:03:00,042
IN THOSE JOBS. SO IT'S REALLY - 

1685
01:03:00,042 --> 01:03:03,079
I REALLY APPRECIATE THE LEVY  

1686
01:03:03,079 --> 01:03:05,448
PACKAGE RECOGNIZES AND ADDRESSE 

1687
01:03:05,448 --> 01:03:09,786
THAT FOR THAT PARTICULAR SEGMEN 

1688
01:03:09,786 --> 01:03:10,753
OF THE WORKER, CARE GIVER 

1689
01:03:10,753 --> 01:03:11,587
POPULATION. AND REALLY  

1690
01:03:11,587 --> 01:03:13,189
APPRECIATE THAT IT'S NOT JUST  

1691
01:03:13,189 --> 01:03:15,224
THE HOUSING LEVY THAT IS DOING 

1692
01:03:15,224 --> 01:03:17,026
SO. THE COUNTY'S PROPOSAL FOR  

1693
01:03:17,026 --> 01:03:20,296
THE CRISIS CARE CENTER LEVY, TH 

1694
01:03:20,296 --> 01:03:21,397
VETERAN'S SENIORS AND HUMAN 

1695
01:03:21,397 --> 01:03:25,434
SERVICES LEVY, THEY BOTH INCLUD 

1696
01:03:25,434 --> 01:03:26,369
INVESTMENTS IN INCREASING WORKE 

1697
01:03:26,369 --> 01:03:30,573
WAGES, AS DOES THE REGIONAL 

1698
01:03:30,573 --> 01:03:31,941
HOMELESSNESS AUTHORITY'S DRAFT 

1699
01:03:31,941 --> 01:03:36,646
PLAN. SO NO ONE JURISDICTION, N 

1700
01:03:36,646 --> 01:03:40,950
ONE FUNDING SOURCE CAN DO IT  

1701
01:03:40,950 --> 01:03:44,287
ALONE. I'M HAPPY TO SEE SO MUCH 

1702
01:03:44,287 --> 01:03:45,688
MOVEMENT FORWARD IN OUR 

1703
01:03:45,688 --> 01:03:47,089
DIFFERENT FUNDING SOURCES SO WE 

1704
01:03:47,089 --> 01:03:49,759
CAN LIFT UP THE WAGES FOR THE 

1705
01:03:49,759 --> 01:03:52,528
FULL SPECTRUM OF HUMAN SERVICES 

1706
01:03:52,528 --> 01:03:53,763
PROVIDERS. BUT AGAIN, WOULD LOV 

1707
01:03:53,763 --> 01:03:57,166
TO KNOW JUST A LITTLE BIT MORE  

1708
01:03:57,166 --> 01:03:59,602
GRANULAR DETAIL OF WHAT WE  

1709
01:03:59,602 --> 01:04:01,938
EXPECT THIS $34 MILLION TO  

1710
01:04:01,938 --> 01:04:04,874
ACCOMPLISH, SPECIFICALLY, AS IT 

1711
01:04:04,874 --> 01:04:05,842
RELATES TO WORK FORCE 

1712
01:04:05,842 --> 01:04:06,409
STABILIZATION. THANK YOU. 

1713
01:04:06,409 --> 01:04:08,010
>> THANK YOU, COUNCIL MEMBER 

1714
01:04:08,010 --> 01:04:11,681
HERBOLD. I WANTED TO ADD AS A  

1715
01:04:11,681 --> 01:04:13,983
COMPLIMENT TO YOU, AND ASK IN  

1716
01:04:13,983 --> 01:04:15,551
THE ANSWER FROM O.H., IF YOU  

1717
01:04:15,551 --> 01:04:17,019
COULD LIFT UP THE INVESTMENTS  

1718
01:04:17,019 --> 01:04:18,554
FROM JUMP START, WHICH WILL  

1719
01:04:18,554 --> 01:04:19,956
COMPLIMENT THE HOUSING LEVY AND 

1720
01:04:19,956 --> 01:04:22,858
THE OTHER FUND SOURCES THAT  

1721
01:04:22,858 --> 01:04:27,096
COUNCIL MEMBER HERBOLD JUST  

1722
01:04:27,096 --> 01:04:29,298
NOTED SPECIFIC TO THE WORK FORC 

1723
01:04:29,298 --> 01:04:30,800
HOUSING WORK FORCE, WHICH IS  

1724
01:04:30,800 --> 01:04:33,035
ENVISIONED IN THE PROPOSED LEVY 

1725
01:04:33,035 --> 01:04:35,338
TO BE MARRIED WITH THIS PACKAGE 

1726
01:04:35,338 --> 01:04:37,707
SO WE HAVE GREATER STABILITY  

1727
01:04:37,707 --> 01:04:38,908
ACROSS OUR HOUSING SYSTEMS. 

1728
01:04:38,908 --> 01:04:39,876
IMPORTANT TO REMEMBER, GIVEN 

1729
01:04:39,876 --> 01:04:42,478
THAT THE CONSTANT PRESSURE IS 

1730
01:04:42,478 --> 01:04:44,146
THERE TO ROB FUNDING FROM JUMP 

1731
01:04:44,146 --> 01:04:46,882
START, BUT THE WAYS IN WHICH IT 

1732
01:04:46,882 --> 01:04:47,817
COMPLIMENTS THE HOUSING 

1733
01:04:47,817 --> 01:04:49,018
STABILITY EFFORTS IN THE HOUSIN 

1734
01:04:49,018 --> 01:04:50,419
LEVY IS IMPORTANT AS WELL. I'LL 

1735
01:04:50,419 --> 01:04:52,822
TURN IT BACK OVER TO THE OFFICE 

1736
01:04:52,822 --> 01:04:54,023
OF HOUSING. I SEE ONE MORE HAND 

1737
01:04:54,023 --> 01:04:56,692
>> GREAT, THANK YOU FOR THESE 

1738
01:04:56,692 --> 01:04:58,761
QUESTIONS. SO YES, WE'VE WORKED 

1739
01:04:58,761 --> 01:05:00,263
WITH OUR PARTNERS AND OUR  

1740
01:05:00,263 --> 01:05:01,831
INTERNAL STAFF TEAM TO ANALYZE  

1741
01:05:01,831 --> 01:05:02,999
OUR EXISTING PROJECTS AND  

1742
01:05:02,999 --> 01:05:04,867
STAFFING NEEDS AND WE'RE  

1743
01:05:04,867 --> 01:05:07,703
OFFERING THESE INVESTMENTS TO B 

1744
01:05:07,703 --> 01:05:09,605
FEASIBLE FOR ORGANIZATIONS TO  

1745
01:05:09,605 --> 01:05:11,674
IMPLEMENT AND TO MEANINGFULLY 

1746
01:05:11,674 --> 01:05:14,210
LEAD TO STABILIZATION OF THE  

1747
01:05:14,210 --> 01:05:17,513
WORK FORCE. COUNCIL MEMBER  

1748
01:05:17,513 --> 01:05:18,748
MOSQUEDA IS CORRECT. THE OFFICE 

1749
01:05:18,748 --> 01:05:21,017
OF HOUSING, AND LOOK AT WHAT IS 

1750
01:05:21,017 --> 01:05:23,519
AVAILABLE AND WE DO PUT  

1751
01:05:23,519 --> 01:05:25,154
SIGNIFICANT AMOUNT OF RESOURCES 

1752
01:05:25,154 --> 01:05:26,856
FROM JUMP START TOWARD THIS  

1753
01:05:26,856 --> 01:05:27,390
EFFORT, WORK FORCE 

1754
01:05:27,390 --> 01:05:28,758
STABILIZATION. WE ARE GOING TO  

1755
01:05:28,758 --> 01:05:32,295
TALK ABOUT IT LATER IN THIS  

1756
01:05:32,295 --> 01:05:33,763
PRESENTATION, SO I'LL WAIT TO  

1757
01:05:33,763 --> 01:05:34,997
DESCRIBE THAT IN MORE DETAIL,  

1758
01:05:34,997 --> 01:05:36,632
BUT YOU WILL SEE JUMP START  

1759
01:05:36,632 --> 01:05:40,069
COMING IN TO THIS PROGRAM AREA  

1760
01:05:40,069 --> 01:05:41,070
PRETTY SIGNIFICANTLY AS WELL. I 

1761
01:05:41,070 --> 01:05:43,039
TERMS OF THE MAJORITY OF FUNDS  

1762
01:05:43,039 --> 01:05:45,942
GOING TO THE WORK FORCE, THAT I 

1763
01:05:45,942 --> 01:05:47,743
THE PLAN WITH THIS POOL OF  

1764
01:05:47,743 --> 01:05:50,813
FUNDS, BECAUSE IT DOES TAKE SOM 

1765
01:05:50,813 --> 01:05:53,082
TIME TO INCREASE WORKER WAGES,  

1766
01:05:53,082 --> 01:05:54,350
BECAUSE OF ORGANIZATIONS THAT  

1767
01:05:54,350 --> 01:05:56,752
IMPLEMENT A VARIETY OF PROGRAMS 

1768
01:05:56,752 --> 01:05:57,987
NOT NECESSARILY ALL SUPPORTIVE  

1769
01:05:57,987 --> 01:05:59,422
HOUSING, ARE WORKING WITH OTHER 

1770
01:05:59,422 --> 01:06:01,557
FUNDERS AND DOING THEIR OWN FUN 

1771
01:06:01,557 --> 01:06:03,025
RAISING TO BRING MORE REVENUE T 

1772
01:06:03,025 --> 01:06:05,661
THE TABLE SO THEY CAN LIFT ALL  

1773
01:06:05,661 --> 01:06:07,396
OF THEIR WORKERS TOGETHER,  

1774
01:06:07,396 --> 01:06:08,664
PARTICULARLY THOSE FOLKS WHO  

1775
01:06:08,664 --> 01:06:10,099
HAVE COLLECTIVE BARGAINING  

1776
01:06:10,099 --> 01:06:11,133
AGREEMENTS TO PAY ATTENTION TO. 

1777
01:06:11,133 --> 01:06:13,803
THE GOAL IS FOR YEAR ONE TO BE 

1778
01:06:13,803 --> 01:06:16,272
ABOUT 60% OF THE FUND FOCUSED O 

1779
01:06:16,272 --> 01:06:19,709
WORKER WAGES AND OVER THE YEARS 

1780
01:06:19,709 --> 01:06:21,077
OF IMPLEMENTATION, THE FIRST ON 

1781
01:06:21,077 --> 01:06:24,447
TO FIVE, TO SEE THAT PERCENTAGE 

1782
01:06:24,447 --> 01:06:26,983
INCREASE. UP TO 90% IS THE  

1783
01:06:26,983 --> 01:06:28,718
EXPECTATION GOING DIRECTLY TO  

1784
01:06:28,718 --> 01:06:31,454
FRONT LINE STAFF, DIRECT SERVIC 

1785
01:06:31,454 --> 01:06:31,954
PROVIDERS, AND THEIR  

1786
01:06:31,954 --> 01:06:33,622
SUPERVISORS. THAT IS WHAT WE'RE 

1787
01:06:33,622 --> 01:06:34,623
WORKING TOWARD. THIS IS OUR NEW 

1788
01:06:34,623 --> 01:06:35,992
PROGRAM. WE'RE GOING TO BE  

1789
01:06:35,992 --> 01:06:37,293
LEARNING A LOT IN THE NEXT YEAR 

1790
01:06:37,293 --> 01:06:38,728
OR TWO AND WE LOOK FORWARD TO  

1791
01:06:38,728 --> 01:06:41,130
COMING BACK TO SHARE WHAT WE  

1792
01:06:41,130 --> 01:06:44,533
LEARN ABOUT THE IMPACTS IN OUR  

1793
01:06:44,533 --> 01:06:45,034
FUTURE REPORTS. 

1794
01:06:45,034 --> 01:06:47,203
>> THANK YOU. 

1795
01:06:47,203 --> 01:06:52,875
>> COUNCIL MEMBER PEDERSEN. 

1796
01:06:52,875 --> 01:06:53,709
>> THANK YOU CHAIRWOMAN 

1797
01:06:53,709 --> 01:06:56,278
MOSQUEDA. THE EARLIER QUESTIONS 

1798
01:06:56,278 --> 01:06:56,879
ABOUT THE OPERATING,  

1799
01:06:56,879 --> 01:06:57,947
MAINTENANCE, AND SERVICES, I  

1800
01:06:57,947 --> 01:06:59,014
THINK WHAT WOULD BE REALLY  

1801
01:06:59,014 --> 01:07:00,716
HELPFUL AND I KNOW IF YOU WERE  

1802
01:07:00,716 --> 01:07:02,718
TO BREAK OUT EVERY LINE ITEM,  

1803
01:07:02,718 --> 01:07:07,456
THERE WOULD BE DOZENS OF LINE  

1804
01:07:07,456 --> 01:07:10,159
ITEMS AND TO LUMP O.M.S. 

1805
01:07:10,159 --> 01:07:11,360
TOGETHER MADE SOME SENSE 

1806
01:07:11,360 --> 01:07:13,696
INITIALLY. THOUGH I THINK THERE 

1807
01:07:13,696 --> 01:07:14,830
ARE ENOUGH QUESTIONS WHERE WE  

1808
01:07:14,830 --> 01:07:16,032
WANT TO SEE THE DIFFERENT PIECE 

1809
01:07:16,032 --> 01:07:20,202
THAT I WOULD LOVE TO SEE A POWE 

1810
01:07:20,202 --> 01:07:24,173
POINT SLIDE THAT KEEPS OPERATIN 

1811
01:07:24,173 --> 01:07:24,807
AND MAINTENANCE SEPARATE FROM 

1812
01:07:24,807 --> 01:07:26,308
SERVICES, JUST SO WE -- AND 

1813
01:07:26,308 --> 01:07:28,310
ALSO, I THINK LATER ON SLIDE 27 

1814
01:07:28,310 --> 01:07:31,514
YOU'RE GOING TO START TALKING 

1815
01:07:31,514 --> 01:07:33,215
ABOUT THE SOURCES OF 

1816
01:07:33,215 --> 01:07:34,350
CONTRIBUTION OF JUMP START, 

1817
01:07:34,350 --> 01:07:37,386
ETCETERA, BUT SEEING IT BROKEN 

1818
01:07:37,386 --> 01:07:40,456
OUT WITH O.N.M. TOGETHER AND 

1819
01:07:40,456 --> 01:07:41,791
SERVICES SEPARATE, JUST, BECAUS 

1820
01:07:41,791 --> 01:07:43,092
IN THE SERVICES, THAT'S WHAT 

1821
01:07:43,092 --> 01:07:44,794
WE'RE TALKING ABOUT THE WORK 

1822
01:07:44,794 --> 01:07:47,096
FORCE STABILIZATION, I THINK. I 

1823
01:07:47,096 --> 01:07:52,334
THAT RIGHT? BECAUSE THE O.N.M. 

1824
01:07:52,334 --> 01:07:54,737
IS COVERING THE BASIC 

1825
01:07:54,737 --> 01:07:56,238
OPERATIONS, BECAUSE THE TENANTS 

1826
01:07:56,238 --> 01:07:58,274
WON'T HAVE ANY INCOME TO 

1827
01:07:58,274 --> 01:07:59,442
CONTRIBUTE TO THE PROJECT 

1828
01:07:59,442 --> 01:07:59,708
EXPENSES? 

1829
01:07:59,708 --> 01:08:02,344
>> WE HAVE SEEN SOME EVOLUTION  

1830
01:08:02,344 --> 01:08:03,412
OVER THE YEARS. PARTICULARLY  

1831
01:08:03,412 --> 01:08:05,781
WHEN WE'RE TALKING ABOUT  

1832
01:08:05,781 --> 01:08:06,482
SUPPORTIVE HOUSING, WHICH IS  

1833
01:08:06,482 --> 01:08:08,751
EXCLUSIVE WHAT WE ARE DISCUSSIN 

1834
01:08:08,751 --> 01:08:11,554
WITH THIS LEVY INVESTMENT AREA, 

1835
01:08:11,554 --> 01:08:13,088
OPERATING ALSO REFERS TO THE  

1836
01:08:13,088 --> 01:08:15,024
24/7 FRONT DESK STAFF THAT RUN  

1837
01:08:15,024 --> 01:08:16,091
SUPPORTIVE HOUSING. THAT IS THE 

1838
01:08:16,091 --> 01:08:19,829
MAJORITY OF THE PERSONNEL IN TH 

1839
01:08:19,829 --> 01:08:21,797
BUILDING. SO WE HAVE BEEN  

1840
01:08:21,797 --> 01:08:24,867
COUNTING THOSE FOLKS TOWARD  

1841
01:08:24,867 --> 01:08:26,368
OPERATING COSTS WITH OUR FEDERA 

1842
01:08:26,368 --> 01:08:29,371
DOLLARS, OUR CONTINUE OF CARE  

1843
01:08:29,371 --> 01:08:30,606
FUNDS. THE PERSONNEL DOES  

1844
01:08:30,606 --> 01:08:32,475
STRETCH ACROSS OPERATING AND  

1845
01:08:32,475 --> 01:08:34,777
SERVICES. WE ARE WORKING TO  

1846
01:08:34,777 --> 01:08:37,213
ALIGN WITH THIS TRANSITION TO  

1847
01:08:37,213 --> 01:08:39,048
O.M.S. WITH OTHER O.M.S.  

1848
01:08:39,048 --> 01:08:42,585
FUNDERS, WHERE WE ARE NOW ALL  

1849
01:08:42,585 --> 01:08:44,420
REALLY COUNTY, STATE, AND C.O.C 

1850
01:08:44,420 --> 01:08:49,792
TALKING ABOUT OPERATING SERVICE 

1851
01:08:49,792 --> 01:08:52,094
TOGETHER TO MAKE SUPPORTING  

1852
01:08:52,094 --> 01:08:54,730
HOUSING RUN EVERY DAY. SO, WE D 

1853
01:08:54,730 --> 01:08:56,265
HAVE BREAKOUTS OPERATING IN  

1854
01:08:56,265 --> 01:08:59,802
SERVICES, BUT THERE ARE  

1855
01:08:59,802 --> 01:09:00,469
SIGNIFICANT PERSONNEL COSTS IN  

1856
01:09:00,469 --> 01:09:00,769
OPERATING. 

1857
01:09:00,769 --> 01:09:03,973
>> THANK YOU FOR THAT 

1858
01:09:03,973 --> 01:09:04,340
CLARIFICATION. 

1859
01:09:04,340 --> 01:09:11,447
>> OKAY, LET'S KEEP GOING. 

1860
01:09:11,447 --> 01:09:11,914
>> GREAT. 

1861
01:09:11,914 --> 01:09:15,317
>> SO WE ARE PROPOSING $30  

1862
01:09:15,317 --> 01:09:17,286
MILLION TO SUPPORT SHORT-TERM  

1863
01:09:17,286 --> 01:09:18,554
RENTAL ASSISTANCE AND 

1864
01:09:18,554 --> 01:09:19,121
STABILIZATION SERVICES FOR 

1865
01:09:19,121 --> 01:09:22,291
HOUSEHOLDS UP TO 50% OF MEDIAN 

1866
01:09:22,291 --> 01:09:24,026
INCOME. THIS PROGRAM AIMS TO  

1867
01:09:24,026 --> 01:09:25,794
SUPPORT 4500 HOUSEHOLDS WHO ARE 

1868
01:09:25,794 --> 01:09:28,697
AT RISK OF EVICTION OR AT RISK  

1869
01:09:28,697 --> 01:09:30,332
OF HOMELESSNESS, SUPPORTING THE 

1870
01:09:30,332 --> 01:09:30,900
TO MAINTAIN THEIR HOUSING 

1871
01:09:30,900 --> 01:09:34,203
LONG-TERM. THIS PROPOSAL OFFERS 

1872
01:09:34,203 --> 01:09:37,039
A DEEPER INVESTMENT, OFFERING U 

1873
01:09:37,039 --> 01:09:39,775
TO $6600, WHICH IS MODELED MORE 

1874
01:09:39,775 --> 01:09:42,912
CLOSELY AROUND O.H.'S RECENT 

1875
01:09:42,912 --> 01:09:43,746
EXPERIENCE ADMINISTERING 

1876
01:09:43,746 --> 01:09:44,446
EMERGENCY RENTAL ASSISTANCE OVE 

1877
01:09:44,446 --> 01:09:46,248
THE LAST THREE YEARS WITH COVID 

1878
01:09:46,248 --> 01:09:49,185
RELIEF. THERE ARE THREE LIKELY  

1879
01:09:49,185 --> 01:09:50,786
PROGRAM INVESTMENTS IN THIS  

1880
01:09:50,786 --> 01:09:53,289
AREA. RESIDENT SERVICES AND  

1881
01:09:53,289 --> 01:09:56,025
AFFORDABLE HOUSING, SO NOT  

1882
01:09:56,025 --> 01:09:56,625
P.S.H., AFFORDABLE HOUSING  

1883
01:09:56,625 --> 01:09:57,893
SERVICES HAVE BEEN REQUESTED TO 

1884
01:09:57,893 --> 01:10:05,668
SUPPORT HOUSEHOLDS AT RISK OF  

1885
01:10:05,668 --> 01:10:06,402
LOSING HOUSING. HOMELESSNESS  

1886
01:10:06,402 --> 01:10:07,002
PREVENTION AND EVICTION  

1887
01:10:07,002 --> 01:10:08,170
PREVENTION SERVICES. WE EXPECT  

1888
01:10:08,170 --> 01:10:09,471
TO BE DIVIDING THIS THREE WAYS  

1889
01:10:09,471 --> 01:10:11,373
AND WE'RE LOOKING FORWARD TO  

1890
01:10:11,373 --> 01:10:14,276
MORE ENGAGEMENT WITH COMMUNITY  

1891
01:10:14,276 --> 01:10:20,816
AS WE FURTHER DEFINE THIS  

1892
01:10:20,816 --> 01:10:21,450
PROGRAM. FINALLY, APPROXIMATELY 

1893
01:10:21,450 --> 01:10:22,151
$9 MILLION ANNUALLY WILL SUPPOR 

1894
01:10:22,151 --> 01:10:23,619
THE ENGINE OF THE OFFICE OF 

1895
01:10:23,619 --> 01:10:25,220
HOUSING, WHICH IS OUR STAFF TEA 

1896
01:10:25,220 --> 01:10:27,222
WHO ARE WORKING HARD EVERY DAY 

1897
01:10:27,222 --> 01:10:30,092
TO SUPPORT PARTNER ORGANIZATION 

1898
01:10:30,092 --> 01:10:31,393
AND SEATTLE RESIDENTS. MANY  

1899
01:10:31,393 --> 01:10:32,294
ORGANIZATIONS EXPECT TO RUN 15  

1900
01:10:32,294 --> 01:10:42,338
TO 25% FROM ADMIN COSTS. A LOWE 

1901
01:10:42,338 --> 01:10:43,405
ADMIN PERCENTAGE THAN PRIOR  

1902
01:10:43,405 --> 01:10:44,974
LEVIES. A COMMITTED AND  

1903
01:10:44,974 --> 01:10:45,874
EFFICIENT TEAM PARTNERING WITH  

1904
01:10:45,874 --> 01:10:46,875
PROVIDERS AND CONTRACTORS TO  

1905
01:10:46,875 --> 01:10:49,612
MAKE THE MOST OF THESE  

1906
01:10:49,612 --> 01:10:51,413
INVESTMENTS IN OUR COMMUNITY. 

1907
01:10:51,413 --> 01:10:52,081
OVER TIME, WE CONTINUALLY 

1908
01:10:52,081 --> 01:10:53,983
IMPROVED, BUILT MORE WITH LESS, 

1909
01:10:53,983 --> 01:10:56,051
AND OUR OFFICE HAS OPERATED VER 

1910
01:10:56,051 --> 01:10:58,387
LEAN. WILL CONTINUE TO DO ALL W 

1911
01:10:58,387 --> 01:11:01,624
CAN TO ENSURE 90% OF OUR FUNDS 

1912
01:11:01,624 --> 01:11:03,826
DIRECT DIRECTLY INTO COMMUNITY 

1913
01:11:03,826 --> 01:11:04,893
PROJECTS AND SERVICES. THIS  

1914
01:11:04,893 --> 01:11:07,129
CONCLUDES OUR OVERVIEW OF THE  

1915
01:11:07,129 --> 01:11:07,496
LEVY PROGRAM. 

1916
01:11:07,496 --> 01:11:11,767
>> ALL RIGHT, LET'S TAKE A FEW 

1917
01:11:11,767 --> 01:11:12,935
QUESTIONS HERE. COUNCIL MEMBER  

1918
01:11:12,935 --> 01:11:13,535
NELSON AND COUNCIL MEMBER  

1919
01:11:13,535 --> 01:11:13,802
HERBOLD. 

1920
01:11:13,802 --> 01:11:17,406
>> CAN YOU GO BACK TO SLIDE 17? 

1921
01:11:17,406 --> 01:11:20,209
I THINK -- YOU MENTIONED THAT 

1922
01:11:20,209 --> 01:11:21,810
YOU DON'T KNOW EXACTLY HOW 

1923
01:11:21,810 --> 01:11:23,646
YOU'RE STILL GATHERING INPUT 

1924
01:11:23,646 --> 01:11:24,546
ABOUT THAT $30 MILLION BUCKET, 

1925
01:11:24,546 --> 01:11:26,749
BUT DO YOU HAVE A ROUGH IDEA OF 

1926
01:11:26,749 --> 01:11:30,085
HOW THAT WILL BE ALLOCATED INTO 

1927
01:11:30,085 --> 01:11:32,988
THESE THREE SUBGROUPS? THESE  

1928
01:11:32,988 --> 01:11:34,590
THREE SUB PROGRAMS? 

1929
01:11:34,590 --> 01:11:38,360
>> DIVIDED EQUALLY. 

1930
01:11:38,360 --> 01:11:43,799
>> OKAY. THANK YOU. AND WHEN YO 

1931
01:11:43,799 --> 01:11:45,100
SAID HOMELESSNESS PREVENTION AN 

1932
01:11:45,100 --> 01:11:46,001
BASICALLY SUPPORTING PEOPLE  

1933
01:11:46,001 --> 01:11:52,174
STAYING IN THEIR HOMES, HAVE YO 

1934
01:11:52,174 --> 01:11:52,841
EVER CONSIDERED JUST PERMANENT  

1935
01:11:52,841 --> 01:11:54,877
RENTAL ASSISTANCE FOR PEOPLE TO 

1936
01:11:54,877 --> 01:11:57,546
STAY IN THEIR HOMES? I AM REALL 

1937
01:11:57,546 --> 01:11:58,647
INTERESTED IN PREVENTION AND  

1938
01:11:58,647 --> 01:11:59,214
STABILIZATION IN GENERAL,  

1939
01:11:59,214 --> 01:12:01,050
BECAUSE WE KNOW THAT KEEPING  

1940
01:12:01,050 --> 01:12:03,886
PEOPLE IN THEIR HOMES IS MUCH  

1941
01:12:03,886 --> 01:12:06,021
MORE COST EFFECTIVE THAN 

1942
01:12:06,021 --> 01:12:08,357
BUILDING NEW HOMES, AND SO I'M 

1943
01:12:08,357 --> 01:12:10,225
INTERESTED IN THIS BUCKET, BUT 

1944
01:12:10,225 --> 01:12:14,329
YEAH, I WOULD LIKE SOME 

1945
01:12:14,329 --> 01:12:15,030
INFORMATION MORE ON THE 

1946
01:12:15,030 --> 01:12:16,432
HOMELESSNESS PREVENTION -- WHAT 

1947
01:12:16,432 --> 01:12:19,768
YOU'RE THINKING ABOUT THAT PART 

1948
01:12:19,768 --> 01:12:20,969
AND ALSO THE EVICTION 

1949
01:12:20,969 --> 01:12:21,270
PREVENTION. 

1950
01:12:21,270 --> 01:12:23,138
>> RIGHT, SO THE INTENTION WITH 

1951
01:12:23,138 --> 01:12:25,174
THESE PROGRAMS IS TO REALLY 

1952
01:12:25,174 --> 01:12:27,476
SUPPORT FOLKS WHO ARE RIGHT ON 

1953
01:12:27,476 --> 01:12:29,578
THE EDGE OF LOSING THEIR HOME, 

1954
01:12:29,578 --> 01:12:31,413
BECAUSE THEY'RE NOT KEEPING UP 

1955
01:12:31,413 --> 01:12:32,648
WITH THEIR RENT PAYMENTS THAT 

1956
01:12:32,648 --> 01:12:34,416
HIT A CRISIS IN THEIR LIFE. WE  

1957
01:12:34,416 --> 01:12:37,119
CAN STEP IN AND PROVIDE SOME 

1958
01:12:37,119 --> 01:12:39,988
SERVICES, TO PROVIDE STABILITY 

1959
01:12:39,988 --> 01:12:42,358
FOR THEM, YOU KNOW, MEDICAL, AN 

1960
01:12:42,358 --> 01:12:44,059
ACCIDENT HAD OCCURRED. SOMETHIN 

1961
01:12:44,059 --> 01:12:45,761
CAUSING INSTABILITY AND WE CAN  

1962
01:12:45,761 --> 01:12:46,562
PROVIDE SHORT-TERM ASSISTANCE T 

1963
01:12:46,562 --> 01:12:48,130
STABILIZE, SO THEY ARE ABLE TO  

1964
01:12:48,130 --> 01:12:50,232
GET BACK ON TRACK WITH THEIR  

1965
01:12:50,232 --> 01:12:51,967
EMPLOYMENT AND TAKE OVER THEIR  

1966
01:12:51,967 --> 01:12:54,203
RENT PAYMENTS ON THEIR OWN. THA 

1967
01:12:54,203 --> 01:12:57,573
IS THE INTENTION WITH THESE 

1968
01:12:57,573 --> 01:12:58,373
SHORT-TERM ASSISTANCE PROGRAMS. 

1969
01:12:58,373 --> 01:13:00,042
WE REALLY BELIEVE IN LONG-TERM 

1970
01:13:00,042 --> 01:13:01,276
ASSISTANCE AND SUPPORT FOR FOLK 

1971
01:13:01,276 --> 01:13:03,011
WHO ARE LOW INCOME AND THAT IS 

1972
01:13:03,011 --> 01:13:06,582
WHAT YOU ARE SEEING IN THE 

1973
01:13:06,582 --> 01:13:08,417
O.M.S. SLIDE. THOSE SUPPORTS AR 

1974
01:13:08,417 --> 01:13:09,618
PROVIDING LONG-TERM AND DEEP  

1975
01:13:09,618 --> 01:13:11,620
SUPPORTS FOR PEOPLE WHO ARE  

1976
01:13:11,620 --> 01:13:12,988
LIVING WITH THE LOWEST INCOMES. 

1977
01:13:12,988 --> 01:13:15,657
WE ARE ALSO ADVOCATING FOR MORE 

1978
01:13:15,657 --> 01:13:17,059
RENTAL ASSISTANCE FROM THE 

1979
01:13:17,059 --> 01:13:18,293
FEDERAL GOVERNMENT. IT'S A BIG  

1980
01:13:18,293 --> 01:13:19,328
PRIORITY FOR THE HOUSING  

1981
01:13:19,328 --> 01:13:21,130
COALITION AS WELL, TO SEE MORE  

1982
01:13:21,130 --> 01:13:22,831
RENTAL ASSISTANCE COME INTO OUR 

1983
01:13:22,831 --> 01:13:24,066
COMMUNITY. WE HAD GREAT SUCCESS 

1984
01:13:24,066 --> 01:13:26,468
WITH THE COVID RELIEF FUNDS THA 

1985
01:13:26,468 --> 01:13:27,269
CAME. WE ADMINISTERED $70  

1986
01:13:27,269 --> 01:13:28,871
MILLION, AND IT FLEW OUT THE  

1987
01:13:28,871 --> 01:13:30,939
DOOR REAL FAST. WE WERE NOT ABL 

1988
01:13:30,939 --> 01:13:32,207
TO SERVE EVERYBODY WHO NEEDED  

1989
01:13:32,207 --> 01:13:34,510
SERVICE. SO THIS IS AN IMPORTAN 

1990
01:13:34,510 --> 01:13:35,544
PART, BUT PRIMARILY FOR THIS  

1991
01:13:35,544 --> 01:13:36,979
PROGRAM, IT REALLY IS TO SERVE  

1992
01:13:36,979 --> 01:13:39,081
THE OTHER END OF THE SPECTRUM O 

1993
01:13:39,081 --> 01:13:43,218
FOLKS WHO ARE IN NEED OF  

1994
01:13:43,218 --> 01:13:46,855
ONE-TIME, OR SOMEWHAT SHORT-TER 

1995
01:13:46,855 --> 01:13:47,589
ASSISTANCE TO MAINTAIN  

1996
01:13:47,589 --> 01:13:47,890
STABILITY. 

1997
01:13:47,890 --> 01:13:49,591
>> ASSISTANCE BE IN THE FORM OF 

1998
01:13:49,591 --> 01:13:50,726
PAYING RENT AS WELL? 

1999
01:13:50,726 --> 01:13:51,960
>> ABSOLUTELY. THIS WILL GO  

2000
01:13:51,960 --> 01:13:53,695
TOWARD RENT. 

2001
01:13:53,695 --> 01:13:55,164
>> OKAY, THANK YOU. AND THEN I  

2002
01:13:55,164 --> 01:13:57,032
DON'T KNOW IF YOU HEARD MY  

2003
01:13:57,032 --> 01:13:58,000
PREVIOUS QUESTION ABOUT WORK  

2004
01:13:58,000 --> 01:13:59,668
FORCE HOUSING NOW THAT WE'RE  

2005
01:13:59,668 --> 01:14:00,836
DONE WITH THE PRESENTATION. 

2006
01:14:00,836 --> 01:14:06,108
THERE WAS A TRANSITION, YOU 

2007
01:14:06,108 --> 01:14:06,775
KNOW, TECHNOLOGICAL PROBLEM, SO 

2008
01:14:06,775 --> 01:14:07,443
I WAS -- 

2009
01:14:07,443 --> 01:14:10,913
>> THAT WAS THE QUESTION AROUND 

2010
01:14:10,913 --> 01:14:11,213
80% UNITS. 

2011
01:14:11,213 --> 01:14:13,982
>> I MEAN, WE CAN DO NEW THINGS 

2012
01:14:13,982 --> 01:14:17,686
IN THIS LEVY. THE WORK FORCE  

2013
01:14:17,686 --> 01:14:18,420
STABILIZATION BUCKET IS NEW. SO 

2014
01:14:18,420 --> 01:14:20,989
AND THERE IS A HISTORY FOR WORK 

2015
01:14:20,989 --> 01:14:24,159
FORCE HOUSING SUPPORT IN THE  

2016
01:14:24,159 --> 01:14:26,795
HOUSING LEVY IN 2002 AND 2009. 

2017
01:14:26,795 --> 01:14:30,699
>> WE HAVE DONE VERY SMALL 

2018
01:14:30,699 --> 01:14:32,167
PERCENTAGES OF RESOURCES 

2019
01:14:32,167 --> 01:14:33,836
COMMITTED THOSE TOWARD THOSE 

2020
01:14:33,836 --> 01:14:35,103
HIGHER END UNITS. AS THESE  

2021
01:14:35,103 --> 01:14:36,138
NUMBERS, THE DATA HAS BEEN  

2022
01:14:36,138 --> 01:14:38,140
COMING IN OVER THE LAST SEVERAL 

2023
01:14:38,140 --> 01:14:40,409
YEARS AND WE'RE LOOKING AT THE  

2024
01:14:40,409 --> 01:14:41,243
NEED, WE'RE SEEING THE MOST  

2025
01:14:41,243 --> 01:14:42,478
SIGNIFICANT NEED IS AT THE 

2026
01:14:42,478 --> 01:14:45,180
LOWEST END OF THE INCOME SCALE. 

2027
01:14:45,180 --> 01:14:50,452
SO, 0 TO 30% HOUSING FACES THE  

2028
01:14:50,452 --> 01:14:53,188
LARGEST GAP. IF WE REVISITED TH 

2029
01:14:53,188 --> 01:14:56,325
SLIDE, 62% OF OUR NEED BETWEEN  

2030
01:14:56,325 --> 01:15:00,195
AND 80% IS AT 0 TO 30. AND WE  

2031
01:15:00,195 --> 01:15:01,630
ARE FOCUSING OUR FUNDS TO MATCH 

2032
01:15:01,630 --> 01:15:04,399
THE NEED THAT WE'RE SEEING IN  

2033
01:15:04,399 --> 01:15:08,203
THE DATA, BUT WE ARE LOOKING 

2034
01:15:08,203 --> 01:15:10,038
FORWARD TO CONVERSATION AROUND 

2035
01:15:10,038 --> 01:15:11,240
INCOME TARGETING FOR HIGHER 

2036
01:15:11,240 --> 01:15:13,342
INCOME UNITS. THERE IS INTEREST 

2037
01:15:13,342 --> 01:15:14,743
TO EXPLORE THIS MORE. WE ARE  

2038
01:15:14,743 --> 01:15:15,677
CONSIDERING THIS CONVERSATION  

2039
01:15:15,677 --> 01:15:19,414
OVER THE NEXT YEAR AS WE'RE  

2040
01:15:19,414 --> 01:15:21,683
GOING INTO HOUSING FUNDING  

2041
01:15:21,683 --> 01:15:22,050
POLICY REVIEW. 

2042
01:15:22,050 --> 01:15:25,687
>> AND MICHAEL IS READY TO TAKE 

2043
01:15:25,687 --> 01:15:26,855
OVER IF WE ARE READY. 

2044
01:15:26,855 --> 01:15:32,160
>> WE HAVE A FEW MORE QUESTIONS 

2045
01:15:32,160 --> 01:15:32,828
SORRY ABOUT THAT. OKAY, GREAT,  

2046
01:15:32,828 --> 01:15:36,798
SO WE ARE ALL THE WAY THROUGH  

2047
01:15:36,798 --> 01:15:38,367
SLIDES 18. COUNCIL MEMBER  

2048
01:15:38,367 --> 01:15:40,235
NELSON, DID YOU GET THROUGH YOU 

2049
01:15:40,235 --> 01:15:40,502
QUESTION? 

2050
01:15:40,502 --> 01:15:45,307
>> I WANTED TO NOTE THAT THE 

2051
01:15:45,307 --> 01:15:46,308
PREVIOUS -- THE ADDITIONAL 

2052
01:15:46,308 --> 01:15:51,246
SLIDE, I BELIEVE IT'S ON PAGE 

2053
01:15:51,246 --> 01:15:52,414
25. IT DOES TALK ABOUT, I THINK 

2054
01:15:52,414 --> 01:15:54,483
IT'S GREAT YOU PUT IN THE  

2055
01:15:54,483 --> 01:15:56,218
BREAKDOWN OF NEED AT INCOME  

2056
01:15:56,218 --> 01:15:59,288
LEVEL, BECAUSE IT LOOKS LIKE  

2057
01:15:59,288 --> 01:16:04,793
THERE'S 22.6% OF RENTERS WHO AR 

2058
01:16:04,793 --> 01:16:08,297
EARNING 51 TO 1 00% A.M.I. 

2059
01:16:08,297 --> 01:16:10,999
>> THANK YOU. THANKS FOR  

2060
01:16:10,999 --> 01:16:11,500
INCLUDING THAT. 

2061
01:16:11,500 --> 01:16:12,701
>> COUNCIL MEMBER HERBOLD, 

2062
01:16:12,701 --> 01:16:13,101
PLEASE GO AHEAD. 

2063
01:16:13,101 --> 01:16:16,004
>> THANK YOU. THIS IS AS IT  

2064
01:16:16,004 --> 01:16:17,172
RELATES TO THE RENT ASSISTANCE  

2065
01:16:17,172 --> 01:16:23,779
FUNDS. THIS IS A TOPIC THAT  

2066
01:16:23,779 --> 01:16:26,515
COMES UP FREQUENTLY IN HOUSING  

2067
01:16:26,515 --> 01:16:28,483
LEVY DISCUSSIONS. THERE'S A LOT 

2068
01:16:28,483 --> 01:16:32,888
OF INTEREST IN PROVIDING MORE  

2069
01:16:32,888 --> 01:16:33,522
EVICTION PREVENTION, RENTAL  

2070
01:16:33,522 --> 01:16:34,156
ASSISTANCE. I THINK IT'S  

2071
01:16:34,156 --> 01:16:35,457
IMPORTANT FOR US TO REMEMBER  

2072
01:16:35,457 --> 01:16:38,126
THAT THE LEVY IS NOT THE ONLY  

2073
01:16:38,126 --> 01:16:43,365
SOURCE OF FUNDS TO FUND THESE  

2074
01:16:43,365 --> 01:16:45,567
PROGRAMS. THERE ARE OTHER  

2075
01:16:45,567 --> 01:16:49,538
FUNDING OUTSIDE OF THE LEVY THA 

2076
01:16:49,538 --> 01:16:53,108
IS ADMINISTERED BY, I THINK BY  

2077
01:16:53,108 --> 01:16:53,809
THE HUMAN SERVICES DEPARTMENT. 

2078
01:16:53,809 --> 01:16:59,982
AND ALSO FUNDING THAT GOES OUT 

2079
01:16:59,982 --> 01:17:01,883
DIRECTLY TO OUR NONPROFIT 

2080
01:17:01,883 --> 01:17:04,586
PROVIDERS WHO ARE REALLY HELPFU 

2081
01:17:04,586 --> 01:17:07,522
LINK WITH COMMUNITY MEMBERS WHO 

2082
01:17:07,522 --> 01:17:09,057
NEED RENT ASSISTANCE AND 

2083
01:17:09,057 --> 01:17:11,193
EVICTION PREVENTION. SO IT MIGH 

2084
01:17:11,193 --> 01:17:14,997
BE AT SOME POINT HELPFUL TO GET 

2085
01:17:14,997 --> 01:17:16,665
THE FULL PICTURE OF THE NUMBER  

2086
01:17:16,665 --> 01:17:19,267
OF DOLLARS AND THE NUMBER OF  

2087
01:17:19,267 --> 01:17:21,470
PEOPLE THAT NOT JUST THE LEVY  

2088
01:17:21,470 --> 01:17:23,305
SUPPORTS, BUT OUR OTHER FUNDING 

2089
01:17:23,305 --> 01:17:25,707
STREAMS IN THIS AREA. BUT I  

2090
01:17:25,707 --> 01:17:28,877
ACTUALLY WANTED TO TALK ABOUT  

2091
01:17:28,877 --> 01:17:29,678
THE RESIDENT SERVICES PIECE  

2092
01:17:29,678 --> 01:17:32,948
HERE. SO FROM WHAT I HEARD YOU  

2093
01:17:32,948 --> 01:17:37,953
SAY ABOUT A THIRD OF THE $30  

2094
01:17:37,953 --> 01:17:40,422
MILLION WILL FUND RESIDENT  

2095
01:17:40,422 --> 01:17:41,690
SERVICES IN NONP.S.H.A. HOUSING 

2096
01:17:41,690 --> 01:17:43,158
AND I UNDERSTAND THAT AMOUNT  

2097
01:17:43,158 --> 01:17:46,461
WILL BE SUPPLEMENTED WITH  

2098
01:17:46,461 --> 01:17:47,462
FUNDING FROM OTHER SOURCES. SO  

2099
01:17:47,462 --> 01:17:52,367
WE'RE LOOKING AT ABOUT A TOTAL  

2100
01:17:52,367 --> 01:17:53,201
SEVEN-YEAR INVESTMENT OF, I 

2101
01:17:53,201 --> 01:17:55,504
THINK $23 MILLION. AND THIS HAS 

2102
01:17:55,504 --> 01:17:59,641
BEEN A REALLY BIG PRIORITY OF  

2103
01:17:59,641 --> 01:18:01,410
MINE. A BIG PRIORITY OF CHAIR 

2104
01:18:01,410 --> 01:18:02,744
MOSQUEDA. WE WORKED TOGETHER TO 

2105
01:18:02,744 --> 01:18:04,680
INCLUDE A MILLION DOLLARS FOR  

2106
01:18:04,680 --> 01:18:06,048
THIS PURPOSE IN THE 2022 BUDGET 

2107
01:18:06,048 --> 01:18:10,585
WE KNOW THAT THE OFFICE OF 

2108
01:18:10,585 --> 01:18:12,154
HOUSING HAS RECEIVED 

2109
01:18:12,154 --> 01:18:14,523
APPLICATIONS TOTALING ABOUT $2. 

2110
01:18:14,523 --> 01:18:16,324
MILLION IN REQUESTS FOR THAT $1 

2111
01:18:16,324 --> 01:18:18,493
MILLION. IT'S CLEAR THAT THE  

2112
01:18:18,493 --> 01:18:19,995
FUNDING IS SORELY NEEDED AND  

2113
01:18:19,995 --> 01:18:24,433
EVEN AT A HIGHER LEVEL THAN  

2114
01:18:24,433 --> 01:18:25,033
INITIALLY PROVIDED. REALLY  

2115
01:18:25,033 --> 01:18:25,934
APPRECIATE THAT THIS EMERGING  

2116
01:18:25,934 --> 01:18:28,670
NEED IS INCLUDED IN THE LEVEE  

2117
01:18:28,670 --> 01:18:32,374
PROPOSAL SO IT CAN RECEIVE 

2118
01:18:32,374 --> 01:18:35,977
STEADY AND ON GOING FUNDING, AN 

2119
01:18:35,977 --> 01:18:37,479
ITS POSITION WITHIN HOMELESSNES 

2120
01:18:37,479 --> 01:18:38,447
PREVENTION MAKES INTUITIVE 

2121
01:18:38,447 --> 01:18:39,681
SENSE. WE KNOW THAT HOUSING  

2122
01:18:39,681 --> 01:18:43,752
PROVIDERS ARE USING THE FUNDS T 

2123
01:18:43,752 --> 01:18:50,058
HIRE STAFF THAT HELP ADDRESS TH 

2124
01:18:50,058 --> 01:18:51,626
ISSUES THAT RESIDENTS FACE. 

2125
01:18:51,626 --> 01:18:54,996
INCLUDING RENTERS, NEEDS TO HEL 

2126
01:18:54,996 --> 01:18:59,101
BE CONNECTED TO INCOME EARNING 

2127
01:18:59,101 --> 01:18:59,701
OPPORTUNITIES, BENEFITS, AND 

2128
01:18:59,701 --> 01:19:00,802
OTHER SUPPORTS. JUST WONDERING  

2129
01:19:00,802 --> 01:19:04,806
THAT GIVEN THAT THIS IS A  

2130
01:19:04,806 --> 01:19:05,774
RELATIVELY NEW AREA OF 

2131
01:19:05,774 --> 01:19:07,542
INVESTMENT, WOULD LOVE TO LEARN 

2132
01:19:07,542 --> 01:19:11,246
MORE ABOUT HOW ORGANIZATIONS AR 

2133
01:19:11,246 --> 01:19:14,983
USING THE FUNDING AND IF WE HAV 

2134
01:19:14,983 --> 01:19:15,817
ANY INFORMATION ABOUT THE 

2135
01:19:15,817 --> 01:19:18,420
IMPACTS OR OUTCOMES OF THE 

2136
01:19:18,420 --> 01:19:20,655
FUNDING AND THE ON GOING NEED 

2137
01:19:20,655 --> 01:19:26,895
FOR IT AND WHETHER OR NOT WE'RE 

2138
01:19:26,895 --> 01:19:28,797
LOOKING AT SOME PARTICULAR 

2139
01:19:28,797 --> 01:19:33,835
APPROACH FOR REPORTING OUT ON 

2140
01:19:33,835 --> 01:19:35,170
THIS RESIDENT SERVICES FUNDING. 

2141
01:19:35,170 --> 01:19:37,572
>> THANK YOU COUNCIL MEMBER 

2142
01:19:37,572 --> 01:19:39,407
HERBOLD. WE ARE REVIEWING THE  

2143
01:19:39,407 --> 01:19:43,745
RESULTS THAT ARE OF OUR CURRENT 

2144
01:19:43,745 --> 01:19:45,247
IMPLEMENTATION. WE USE FUNDS TO 

2145
01:19:45,247 --> 01:19:46,214
SUPPORT RESIDENT SERVICES OVER  

2146
01:19:46,214 --> 01:19:48,383
THE LAST TWO YEARS, YEAR AND A  

2147
01:19:48,383 --> 01:19:51,553
HALF OR SO. AND WE ARE  

2148
01:19:51,553 --> 01:19:52,154
CONTINUALLY REVIEWING THOSE  

2149
01:19:52,154 --> 01:19:53,722
PROGRAM INVESTMENTS. WE WOULD  

2150
01:19:53,722 --> 01:19:56,291
LIKE TO PURSUE A CONSULTANT  

2151
01:19:56,291 --> 01:19:58,793
CONTRACT TO DO SOME MORE  

2152
01:19:58,793 --> 01:20:01,096
EXAMINATION OF WHAT EACH PROGRA 

2153
01:20:01,096 --> 01:20:03,932
IS PROVIDING AND WHAT ARE THE  

2154
01:20:03,932 --> 01:20:05,500
SERVICES AND SCOPE OF CONTRACTS 

2155
01:20:05,500 --> 01:20:07,636
THAT THE OFFICE OF HOUSING WILL 

2156
01:20:07,636 --> 01:20:08,737
PURSUE NEXT YEAR. SO WE'RE  

2157
01:20:08,737 --> 01:20:11,907
HOPING TO DO A LOT OF THAT WORK 

2158
01:20:11,907 --> 01:20:14,242
THIS YEAR AND COME BACK WITH  

2159
01:20:14,242 --> 01:20:16,111
MORE INFORMATION FOR YOU ALL  

2160
01:20:16,111 --> 01:20:18,914
BEFORE WE RELEASE FUNDS OR AS  

2161
01:20:18,914 --> 01:20:19,848
WE'RE RELEASING FUNDS IN 2024. 

2162
01:20:19,848 --> 01:20:21,349
YOU ARE CORRECT, THE PLAN IS FO 

2163
01:20:21,349 --> 01:20:24,019
JUST LIKE WE ARE TALKING ABOUT 

2164
01:20:24,019 --> 01:20:25,220
WITH THE WORK FORCE 

2165
01:20:25,220 --> 01:20:27,389
STABILIZATION FUND, THESE FUNDS 

2166
01:20:27,389 --> 01:20:28,690
WOULD BE SUPPLEMENTED BY JUMP 

2167
01:20:28,690 --> 01:20:29,724
START RESOURCES AND WE'LL TALK 

2168
01:20:29,724 --> 01:20:38,500
ABOUT THAT A LITTLE BIT LATER. 

2169
01:20:38,500 --> 01:20:45,674
>> ANY ADDITIONAL FOLLOW-UP? 

2170
01:20:45,674 --> 01:20:46,575
LET'S KEEP GOING. 

2171
01:20:46,575 --> 01:20:49,377
>> OKAY, WE'RE SWITCHING CHAIRS 

2172
01:20:49,377 --> 01:20:50,912
AGAIN. ALL RIGHT. SO, AT THIS  

2173
01:20:50,912 --> 01:20:53,615
POINT, WE WANT TO RESPOND TO A  

2174
01:20:53,615 --> 01:20:56,117
FEW QUESTIONS THAT WERE ASKED O 

2175
01:20:56,117 --> 01:20:58,086
APRIL 5, DURING OUR APRIL 5  

2176
01:20:58,086 --> 01:20:59,821
PRESENTATION AND SHARE ABOUT HO 

2177
01:20:59,821 --> 01:21:01,656
O.H. FUNDS WOULD WORK TOGETHER  

2178
01:21:01,656 --> 01:21:05,760
TO SUPPORT NEW HOUSING  

2179
01:21:05,760 --> 01:21:06,795
DEVELOPMENTS AND OPERATIONS. SO 

2180
01:21:06,795 --> 01:21:07,896
THIS GRAPH SHOWS THE AFFORDABLE 

2181
01:21:07,896 --> 01:21:10,999
HOUSING WE WERE ABLE TO PRODUCE 

2182
01:21:10,999 --> 01:21:12,901
USING ALL AVAILABLE CITY FUNDS  

2183
01:21:12,901 --> 01:21:14,536
ALONGSIDE THE AFFORDABLE HOUSIN 

2184
01:21:14,536 --> 01:21:17,639
WE WILL NEED BY 2044, ACCORDING 

2185
01:21:17,639 --> 01:21:20,642
TO KING COUNTY GROWTH MANAGEMEN 

2186
01:21:20,642 --> 01:21:21,676
PLANNING COUNCIL. IT IS CLEAR  

2187
01:21:21,676 --> 01:21:23,445
FROM THESE PROJECTIONS THAT THE 

2188
01:21:23,445 --> 01:21:24,779
CITY ALONE CAN'T KEEP UP WITH  

2189
01:21:24,779 --> 01:21:26,648
THE NEED. THERE WAS A QUESTION  

2190
01:21:26,648 --> 01:21:29,117
AS TO WHY IS THE LEVY GROWING? 

2191
01:21:29,117 --> 01:21:30,352
IT'S GROWING BECAUSE WE HAVE TO 

2192
01:21:30,352 --> 01:21:36,458
TRY TO MEET THIS NEED FOR 

2193
01:21:36,458 --> 01:21:37,592
AFFORDABLE HOUSING. THIS SLIDE, 

2194
01:21:37,592 --> 01:21:38,627
COUNCIL MEMBER HERBOLD ASKED  

2195
01:21:38,627 --> 01:21:39,861
LAST TIME ABOUT THE DIFFERENCE  

2196
01:21:39,861 --> 01:21:42,797
IN INCOME LEVELS FOR RENTERS AN 

2197
01:21:42,797 --> 01:21:43,999
HOMEOWNERS. THIS IS A BREAKDOWN 

2198
01:21:43,999 --> 01:21:47,736
úOF INCOME LEVELS FOR RENTER AN 

2199
01:21:47,736 --> 01:21:48,436
HOMEOWNER HOUSEHOLDS IN SEATTLE 

2200
01:21:48,436 --> 01:21:51,606
SO FOR CONTEXT, 52% OF THE CITY 

2201
01:21:51,606 --> 01:21:53,808
WIDE POPULATION ARE RENTERS AND 

2202
01:21:53,808 --> 01:21:55,543
48 ARE HOMEOWNERS. AND I THINK  

2203
01:21:55,543 --> 01:22:01,917
COUNCIL MEMBER NELSON, YOU JUST 

2204
01:22:01,917 --> 01:22:02,350
REFERRED TO THIS. 

2205
01:22:02,350 --> 01:22:07,322
>> CAN YOU -- ALL OF THE A.M.I. 

2206
01:22:07,322 --> 01:22:09,758
CATEGORIES TYPICALLY GO 0 TO 30 

2207
01:22:09,758 --> 01:22:11,426
30 TO 60, ETCETERA. AT A LATER  

2208
01:22:11,426 --> 01:22:17,465
POINT, I WOULD BE INTERESTED IN 

2209
01:22:17,465 --> 01:22:18,934
KNOWING FOR THE 50 TO 80%, HOW  

2210
01:22:18,934 --> 01:22:21,703
MUCH OF THAT IS 60% AND UP? 

2211
01:22:21,703 --> 01:22:21,936
THANKS. 

2212
01:22:21,936 --> 01:22:26,942
>> HOW MUCH OF THE -- SO FOR 

2213
01:22:26,942 --> 01:22:28,310
CLARIFICATION, HOW MUCH OF THE  

2214
01:22:28,310 --> 01:22:30,278
51% TO 80% IS 60% AND UP? IS  

2215
01:22:30,278 --> 01:22:34,783
THAT THE R QUESTION? 

2216
01:22:34,783 --> 01:22:34,949
>> 

2217
01:22:34,949 --> 01:22:35,216
>> YES. 

2218
01:22:35,216 --> 01:22:36,685
>> WE WILL RESPOND TO THAT 

2219
01:22:36,685 --> 01:22:39,888
LATER. THAT WILL TAKE A LITTLE  

2220
01:22:39,888 --> 01:22:40,689
BIT OF MATH. OKAY. NOW WE ARE  

2221
01:22:40,689 --> 01:22:48,029
GOING ON TO THE NEXT SLIDE. SO, 

2222
01:22:48,029 --> 01:22:50,065
GEOGRAPHIC TARGETING. SO, 55  

2223
01:22:50,065 --> 01:22:52,334
YEARS AGO, ANNIVERSARY JUST 

2224
01:22:52,334 --> 01:22:54,469
PASSED LAST WEEK, APRIL 11, 

2225
01:22:54,469 --> 01:22:55,403
PRESIDENT JOHNSON, LYNDON B. 

2226
01:22:55,403 --> 01:22:56,671
JOHNSON, SIGNED THE FAIR HOUSIN 

2227
01:22:56,671 --> 01:23:00,608
ACT. IT WAS A YEAR AFTER I WAS  

2228
01:23:00,608 --> 01:23:02,677
BORN. SO, IT'S BEEN AWHILE. THE 

2229
01:23:02,677 --> 01:23:04,279
CITY'S OBLIGATION FROM THE FAIR 

2230
01:23:04,279 --> 01:23:07,215
HOUSING ACT IS TO OVERCOME 

2231
01:23:07,215 --> 01:23:09,017
PATTERNS OF SEGREGATION AND 

2232
01:23:09,017 --> 01:23:09,851
FOSTER INCLUSIVE COMMUNITIES 

2233
01:23:09,851 --> 01:23:12,887
FREE FROM BARRIERS THAT RESTRIC 

2234
01:23:12,887 --> 01:23:13,388
ACCESS TO OPPORTUNITY. 

2235
01:23:13,388 --> 01:23:17,025
HISTORICALLY, WE HAVE DONE A LO 

2236
01:23:17,025 --> 01:23:18,626
TO ACCESS OPPORTUNITY AND 

2237
01:23:18,626 --> 01:23:19,627
MITIGATE RISK OF DISPLACEMENT. 

2238
01:23:19,627 --> 01:23:20,829
WE HAD THOSE SPECIAL OPPORTUNIT 

2239
01:23:20,829 --> 01:23:22,597
AREAS FOR THOSE THAT HAVE BEEN 

2240
01:23:22,597 --> 01:23:25,600
AROUND THE OFFICE OF HOUSING FO 

2241
01:23:25,600 --> 01:23:28,002
15, 20 YEARS. SO WE'VE HAD  

2242
01:23:28,002 --> 01:23:28,636
SPECIAL OPPORTUNITY AREAS FOR  

2243
01:23:28,636 --> 01:23:31,006
HOUSING AND WE AS A CITY HAVE  

2244
01:23:31,006 --> 01:23:32,407
IDENTIFIED AREAS OF HIGH ACCESS 

2245
01:23:32,407 --> 01:23:35,577
TO OPPORTUNITY AND HIGH AREAS O 

2246
01:23:35,577 --> 01:23:36,811
DISPLACEMENT. AS YOU KNOW,  

2247
01:23:36,811 --> 01:23:39,180
COMMUNITIES OF COLOR ARE  

2248
01:23:39,180 --> 01:23:41,149
IMPACTED BY HOUSING COST BURDEN 

2249
01:23:41,149 --> 01:23:41,783
DISPLACEMENT, AND HOMELESSNESS. 

2250
01:23:41,783 --> 01:23:43,184
EVERY OFFICE OF HOUSING PROGRAM 

2251
01:23:43,184 --> 01:23:44,352
AND INVESTMENT AREA CONSISTENTL 

2252
01:23:44,352 --> 01:23:46,154
SERVES A HIGHER PROPORTION OF 

2253
01:23:46,154 --> 01:23:48,056
HOUSEHOLDS OF COLOR COMPARED TO 

2254
01:23:48,056 --> 01:23:48,656
THE GENERAL POPULATION OF 

2255
01:23:48,656 --> 01:23:49,991
SEATTLE. WE STILL HAVE A LOT OF 

2256
01:23:49,991 --> 01:23:55,063
WORK TO DO IN TERMS OF ADVANCIN 

2257
01:23:55,063 --> 01:23:58,867
HOUSING JUSTICE. SO IF WE GO TO 

2258
01:23:58,867 --> 01:24:00,735
THE NEXT SLIDE, THIS IS ANOTHER 

2259
01:24:00,735 --> 01:24:02,504
-- SO COUNCIL MEMBER HERBOLD  

2260
01:24:02,504 --> 01:24:04,372
REFLECTED ON MY PREVIOUS  

2261
01:24:04,372 --> 01:24:06,241
FAVORITE SLIDE. THIS WAS  

2262
01:24:06,241 --> 01:24:09,144
PROBABLY MY SECOND FAVORITE  

2263
01:24:09,144 --> 01:24:12,847
SLIDE THAT WE HAVE. AND IT  

2264
01:24:12,847 --> 01:24:16,351
HIGHLIGHTS THE GROWTH AND EQUIT 

2265
01:24:16,351 --> 01:24:18,286
ANALYSIS FROM 2016 AND COUNCIL  

2266
01:24:18,286 --> 01:24:18,953
MEMBER MOSQUEDA WOULD NOT BE  

2267
01:24:18,953 --> 01:24:21,589
SURPRISED TO HEAR THIS IS MY  

2268
01:24:21,589 --> 01:24:24,426
FAVORITE SLIDES, BECAUSE ACCESS 

2269
01:24:24,426 --> 01:24:26,161
TO OPPORTUNITY AND DISPLACEMENT 

2270
01:24:26,161 --> 01:24:27,328
RIGHT? ON DIFFERENT AXIS. WE  

2271
01:24:27,328 --> 01:24:29,831
HAVE THAT OTHER VISUAL THAT GET 

2272
01:24:29,831 --> 01:24:33,134
PULLED OUT A LOT. THESE MAPS 

2273
01:24:33,134 --> 01:24:35,670
SHOW ALL INVESTMENTS MADE IN  

2274
01:24:35,670 --> 01:24:36,404
2022. RENTAL AND HOMEOWNERSHIP. 

2275
01:24:36,404 --> 01:24:39,674
WHILE THIS IS JUST A ONE-YEAR 

2276
01:24:39,674 --> 01:24:41,743
SNAPSHOT, YOU CAN SEE THERE ARE 

2277
01:24:41,743 --> 01:24:43,144
GEOGRAPHIC AREAS WE NEED TO LOO 

2278
01:24:43,144 --> 01:24:46,347
AT IN ORDER TO PROVIDE CHOICE 

2279
01:24:46,347 --> 01:24:47,082
AND OPPORTUNITY THROUGHOUT THE 

2280
01:24:47,082 --> 01:24:50,718
ENTIRE CITY TO MEET WHAT I FEEL 

2281
01:24:50,718 --> 01:24:52,754
IS THE CITY'S OBLIGATION 

2282
01:24:52,754 --> 01:24:54,322
OUTLINED 55 YEARS AGO. AND AS W 

2283
01:24:54,322 --> 01:24:55,890
CONSIDER WHAT THOSE AREAS ARE  

2284
01:24:55,890 --> 01:24:57,992
AND WHERE THEY ARE, AND THINK  

2285
01:24:57,992 --> 01:24:58,626
ABOUT STRATEGIES TO ADDRESS 

2286
01:24:58,626 --> 01:25:00,462
THOSE, WE ALSO NEED TO THINK  

2287
01:25:00,462 --> 01:25:01,329
ABOUT FUTURE OPPORTUNITIES WE  

2288
01:25:01,329 --> 01:25:05,166
WILL HAVE TO COORDINATE WITH 

2289
01:25:05,166 --> 01:25:06,568
OTHER MAJOR INFRASTRUCTURE 

2290
01:25:06,568 --> 01:25:07,469
INVESTMENTS CITY WIDE. LOOKING  

2291
01:25:07,469 --> 01:25:09,270
AHEAD TO SOUND TRANSIT THREE,  

2292
01:25:09,270 --> 01:25:12,407
WHAT ARE THE OPPORTUNITIES THER 

2293
01:25:12,407 --> 01:25:13,108
FOR T.O.D. PROJECTS? SO, FOR  

2294
01:25:13,108 --> 01:25:17,745
THOSE OF YOU WHO MAY HAVE  

2295
01:25:17,745 --> 01:25:19,481
FORGOTTEN, THE WEST SEATTLE 

2296
01:25:19,481 --> 01:25:21,416
EXTENSION IS THE LARGEST PUBLIC 

2297
01:25:21,416 --> 01:25:22,083
INFRASTRUCTURE PROJECT EVER TO 

2298
01:25:22,083 --> 01:25:24,853
BE UNDERTAKEN IN THE CITY OF 

2299
01:25:24,853 --> 01:25:27,922
SEATTLE. AND AN EXAMPLE OF THE  

2300
01:25:27,922 --> 01:25:30,959
T.O.D. TYPE PROJECTS THAT WE  

2301
01:25:30,959 --> 01:25:32,560
THINK ABOUT IS BELL WEATHER  

2302
01:25:32,560 --> 01:25:34,128
CEDAR CROSSING AT THE ROOSEVELT 

2303
01:25:34,128 --> 01:25:35,663
LIGHT RAIL STATION. I THINK IT' 

2304
01:25:35,663 --> 01:25:37,866
IN DISTRICT FOUR, AND THAT WAS  

2305
01:25:37,866 --> 01:25:42,504
MADE POSSIBLE THANKS TO A  

2306
01:25:42,504 --> 01:25:44,205
COORDINATION WITH SOUND TRANSIT 

2307
01:25:44,205 --> 01:25:44,839
THAT DEVELOPMENT BRINGS 250 

2308
01:25:44,839 --> 01:25:46,641
AFFORDABLE HOMES, MANY WHICH AR 

2309
01:25:46,641 --> 01:25:48,076
FAMILY SIZED AND CHILDCARE NEXT 

2310
01:25:48,076 --> 01:25:49,310
TO THE LIGHT RAIL STATION, 

2311
01:25:49,310 --> 01:25:55,016
ROOSEVELT HIGH SCHOOL, AND THE  

2312
01:25:55,016 --> 01:25:56,551
GROCERY STORE ACROSS THE STREET 

2313
01:25:56,551 --> 01:25:57,619
WE'LL CREATE MORE OPPORTUNITIES 

2314
01:25:57,619 --> 01:25:59,254
LIKE CEDAR CROSSING AS WE ALL 

2315
01:25:59,254 --> 01:26:00,822
JOINTLY PLAN AHEAD LOOKING AHEA 

2316
01:26:00,822 --> 01:26:04,058
TO THE FUTURE. WE ARE ALSO  

2317
01:26:04,058 --> 01:26:04,792
COMMITTED TO ENCOURAGING  

2318
01:26:04,792 --> 01:26:05,960
GEOGRAPHIC DISTRIBUTION THROUGH 

2319
01:26:05,960 --> 01:26:12,634
POLICIES IN THE HOUSING LEVEE  

2320
01:26:12,634 --> 01:26:13,668
ADMINISTRATIVE AND FINANCIAL  

2321
01:26:13,668 --> 01:26:16,671
PLAN. AND THIS SLIDE IS HOW DO  

2322
01:26:16,671 --> 01:26:18,907
O.H. FUNDS WORK TOGETHER? AS WE 

2323
01:26:18,907 --> 01:26:19,874
MENTIONED PREVIOUSLY, HOUSING  

2324
01:26:19,874 --> 01:26:22,544
LEVY FUNDS WORK TOGETHER WITH  

2325
01:26:22,544 --> 01:26:23,745
OTHER LOCAL FUNDS INCLUDING 

2326
01:26:23,745 --> 01:26:28,583
PROCEEDS FROM JUMP START AND TH 

2327
01:26:28,583 --> 01:26:29,517
MANDATORY HOUSING ABILITY 

2328
01:26:29,517 --> 01:26:31,286
PROGRAM. INVEST IN ALL OF THESE 

2329
01:26:31,286 --> 01:26:32,620
IMPORTANT AREAS, BUT WE NEED  

2330
01:26:32,620 --> 01:26:34,088
EVERY SINGLE ONE OF THESE  

2331
01:26:34,088 --> 01:26:35,790
SOURCES WORKING TOGETHER TO MAK 

2332
01:26:35,790 --> 01:26:37,392
A DENT IN OUR CITY'S GROWING  

2333
01:26:37,392 --> 01:26:40,495
NEED FOR AFFORDABLE HOUSING AS  

2334
01:26:40,495 --> 01:26:42,697
YOU SAW ON SLIDE 20. AND I THIN 

2335
01:26:42,697 --> 01:26:44,098
COUNCIL MEMBER NELSON, THIS KIN 

2336
01:26:44,098 --> 01:26:47,168
OF TOUCHES ON PART OF YOUR  

2337
01:26:47,168 --> 01:26:49,337
QUESTION ABOUT HOW WORK FORCE  

2338
01:26:49,337 --> 01:26:51,272
HOUSING AND 80% OF HOUSING AND  

2339
01:26:51,272 --> 01:26:52,340
ALL THESE FUND SOURCES WORK  

2340
01:26:52,340 --> 01:26:54,375
TOGETHER TO HELP MEET OUR RANGE 

2341
01:26:54,375 --> 01:26:56,945
OF HOUSING NEEDS ACROSS OUR  

2342
01:26:56,945 --> 01:26:57,512
CITY. AND I'M -- 

2343
01:26:57,512 --> 01:27:02,150
>> IS THERE ANYTHING IN THE JUM 

2344
01:27:02,150 --> 01:27:03,718
START AFFORDABILITY -- WHERE IS 

2345
01:27:03,718 --> 01:27:07,221
THE WORK FORCE FOR THAT? I MEAN 

2346
01:27:07,221 --> 01:27:10,358
HOW MUCH IS AVAILABLE FOR RENTA 

2347
01:27:10,358 --> 01:27:11,092
WORK FORCE HOUSING? 

2348
01:27:11,092 --> 01:27:12,760
>> SO HOW MUCH, THE DOLLAR 

2349
01:27:12,760 --> 01:27:15,597
AMOUNTS FOR JUMP START AND 

2350
01:27:15,597 --> 01:27:17,498
M.H.A., WE HAVE SOME ESTIMATES 

2351
01:27:17,498 --> 01:27:18,233
THAT HAVE BEEN PREDICTED. WE'LL 

2352
01:27:18,233 --> 01:27:21,436
HAVE TO GET BACK TO YOU, BECAUS 

2353
01:27:21,436 --> 01:27:22,937
WE DO THAT AS MODELING. THAT IS 

2354
01:27:22,937 --> 01:27:24,973
ONE OF THE BENEFITS OF THE  

2355
01:27:24,973 --> 01:27:26,641
HOUSING LEVY WE TALKED ABOUT 

2356
01:27:26,641 --> 01:27:29,777
BEFORE WHEN WE TALKED ABOUT 

2357
01:27:29,777 --> 01:27:30,478
PREDICTABILITY, RELIABILITY, WE 

2358
01:27:30,478 --> 01:27:31,179
KNOW WHAT THOSE NUMBERS ARE 

2359
01:27:31,179 --> 01:27:33,881
GOING TO BE ONCE THE HOUSING 

2360
01:27:33,881 --> 01:27:37,452
LEVY IS PASSED. SO THE JUMP  

2361
01:27:37,452 --> 01:27:40,021
START IS A LITTLE BIT MORE  

2362
01:27:40,021 --> 01:27:44,259
FLEXIBLE IN WHAT WE CAN ACTUAL  

2363
01:27:44,259 --> 01:27:46,628
PREDICT IT BEING. WE CAN GET YO 

2364
01:27:46,628 --> 01:27:47,328
THOSE NUMBERS LATER. I DON'T  

2365
01:27:47,328 --> 01:27:49,731
REMEMBER THEM OFF THE TOP OF MY 

2366
01:27:49,731 --> 01:27:52,567
HEAD. I THINK KELLI AND I ARE  

2367
01:27:52,567 --> 01:27:59,440
ABOUT TO DO A SEAT SWITCH. IF W 

2368
01:27:59,440 --> 01:28:07,215
CAN DO THAT NOW. HERE WE GO. 

2369
01:28:07,215 --> 01:28:08,816
>> YOU CAN SEE COUNCIL MEMBER 

2370
01:28:08,816 --> 01:28:13,221
NELSON, IN THE PRIOR CHART, 

2371
01:28:13,221 --> 01:28:14,522
RENTAL PRODUCTION FUNDED BY JUM 

2372
01:28:14,522 --> 01:28:17,425
START AND M.H.A. IS LIMITED TO  

2373
01:28:17,425 --> 01:28:20,595
TO 60% OF MEDIAN INCOME. WE ARE 

2374
01:28:20,595 --> 01:28:22,430
MAKING INVESTMENTS THAT SUPPORT 

2375
01:28:22,430 --> 01:28:26,701
HOUSEHOLDS UP TO 80% OF MEDIAN  

2376
01:28:26,701 --> 01:28:29,370
INCOME. GREAT, SO YOU CAN SEE  

2377
01:28:29,370 --> 01:28:31,272
HERE, BOTH THE HOUSING LEVY AND 

2378
01:28:31,272 --> 01:28:35,009
JUMP START INVESTS A MAJORITY O 

2379
01:28:35,009 --> 01:28:36,611
RENTAL HOUSING. YOU CAN SEE JUM 

2380
01:28:36,611 --> 01:28:38,913
START IS DEDICATING OVER A THIR 

2381
01:28:38,913 --> 01:28:44,052
OF OVERALL FUNDING TO OPERATING 

2382
01:28:44,052 --> 01:28:45,820
AND SERVICES. THE HOUSING LEVY  

2383
01:28:45,820 --> 01:28:46,954
BUILDS SUPPORTIVE HOUSING, JUMP 

2384
01:28:46,954 --> 01:28:48,823
START PROVIDES FUNDS TO  

2385
01:28:48,823 --> 01:28:49,590
STABILIZE THE EXISTING WORK  

2386
01:28:49,590 --> 01:28:53,761
FORCE AND SUPPORT NEW AND ON  

2387
01:28:53,761 --> 01:28:55,997
GOING OPERATING MAINTENANCE AND 

2388
01:28:55,997 --> 01:28:56,531
SERVICES. HOMEOWNERSHIP  

2389
01:28:56,531 --> 01:28:57,131
INVESTMENTS ARE COMPARABLE  

2390
01:28:57,131 --> 01:28:58,766
BETWEEN THE TWO FUND SOURCES AT 

2391
01:28:58,766 --> 01:29:01,402
5 AND 6% AND PREVENTION IS  

2392
01:29:01,402 --> 01:29:02,804
FUNDED BY THE HOUSING LEVY. I'L 

2393
01:29:02,804 --> 01:29:06,741
SHARE MORE DETAIL HERE ON THE  

2394
01:29:06,741 --> 01:29:09,677
FIRST TWO PROGRAM AREAS. [ 

2395
01:29:09,677 --> 01:29:12,847
CAPTIONERS TRANSITIONING ] 

2396
01:29:33,634 --> 01:29:36,304
I JUST WANT TO MAKE SURE THAT  

2397
01:29:36,304 --> 01:29:39,340
IT'S CLEAR THAT THIS IS WHAT IS 

2398
01:29:39,340 --> 01:29:40,641
POSSIBLE, IF FUNDS ARE NOT  

2399
01:29:40,641 --> 01:29:42,643
ROBBED TO BACK FILL OTHER  

2400
01:29:42,643 --> 01:29:44,512
SOURCES, AND THIS IS ALSO A  

2401
01:29:44,512 --> 01:29:45,346
CONSERVATIVE ESTIMATE, SO THIS 

2402
01:29:45,346 --> 01:29:48,950
CONTINUES ALONG THE SAME LINES  

2403
01:29:48,950 --> 01:29:50,284
THAT WE NEGOTIATED IN THE  

2404
01:29:50,284 --> 01:29:53,254
BUDGET, TO MAKE SURE THAT THE  

2405
01:29:53,254 --> 01:29:55,423
AMOUNT THAT WAS CODIFIED IN 202 

2406
01:29:55,423 --> 01:29:57,024
WAS GOING TO THESE SERVICES AND 

2407
01:29:57,024 --> 01:30:00,628
HIGHER THAN ANTICIPATED WAS  

2408
01:30:00,628 --> 01:30:01,863
GOING INTO THE GENERAL FUND. BU 

2409
01:30:01,863 --> 01:30:03,030
AS WE SEE PROJECTIONS FOR JUMP  

2410
01:30:03,030 --> 01:30:07,502
START NOT COMING IN AT THE  

2411
01:30:07,502 --> 01:30:10,838
HIGHER LEVELS THAT WERE  

2412
01:30:10,838 --> 01:30:14,475
ANTICIPATED IN THE FALL LAST  

2413
01:30:14,475 --> 01:30:15,877
YEAR. AND WE SEE THE GENERAL  

2414
01:30:15,877 --> 01:30:16,944
REVENUES COMING IN HIGHER THAN  

2415
01:30:16,944 --> 01:30:20,414
ANTICIPATED. IT'S IMPORTANT FOR 

2416
01:30:20,414 --> 01:30:22,583
US TO MAINTAIN THE BALANCE IN  

2417
01:30:22,583 --> 01:30:24,385
THE GENERAL FUND INVESTMENTS BY 

2418
01:30:24,385 --> 01:30:25,219
USING GENERAL FUND REVENUES AS  

2419
01:30:25,219 --> 01:30:26,053
ORIGINALLY PLANNED, BUT THEY  

2420
01:30:26,053 --> 01:30:28,156
WERE JUST DOWN AT THE TIME. SO  

2421
01:30:28,156 --> 01:30:30,625
WANT TO MAKE SURE FOLKS KNOW  

2422
01:30:30,625 --> 01:30:32,527
THAT THE CODIFIED SPEND PLAN  

2423
01:30:32,527 --> 01:30:34,562
THAT CORRELATES WITH JUMP START 

2424
01:30:34,562 --> 01:30:36,764
ALLOWS FOR US TO MAKE THESE  

2425
01:30:36,764 --> 01:30:38,499
INVESTMENTS. THAT'S WHY IT'S  

2426
01:30:38,499 --> 01:30:39,567
REALLY IMPORTANT THAT WE WALLED 

2427
01:30:39,567 --> 01:30:40,868
OFF, WE SILOED OFF THOSE  

2428
01:30:40,868 --> 01:30:44,038
INVESTMENTS SO WE CONTINUE TO  

2429
01:30:44,038 --> 01:30:46,073
MAKE RESOURCES AVAILABLE FOR  

2430
01:30:46,073 --> 01:30:48,276
ITEMS THAT WERE HISTORICALLY  

2431
01:30:48,276 --> 01:30:52,613
BACK BURNERRED, LIKE INVESTMENT 

2432
01:30:52,613 --> 01:30:53,548
IN SUPPORTIVE HOUSING SERVICES. 

2433
01:30:53,548 --> 01:30:57,919
ANOTHER CRITICAL EXAMPLE OF HOW 

2434
01:30:57,919 --> 01:31:03,724
THESE FUNDS GET MARRIED WITH  

2435
01:31:03,724 --> 01:31:04,559
OTHER INVESTMENTS. COUNCILMEMBE 

2436
01:31:04,559 --> 01:31:05,960
HERBOLD NOTIFIED OTHER ONES OUT 

2437
01:31:05,960 --> 01:31:07,195
THERE. LARGE AMOUNT OF PUBLIC  

2438
01:31:07,195 --> 01:31:09,130
APPROVAL, AND PUBLIC EYES ON HO 

2439
01:31:09,130 --> 01:31:12,233
THOSE ARE USED VERY SIMILAR TO  

2440
01:31:12,233 --> 01:31:13,835
JUMP START. IMPORTANT FOR US TO 

2441
01:31:13,835 --> 01:31:15,937
MAINTAIN OUR COMMITMENTS AND  

2442
01:31:15,937 --> 01:31:20,074
INVESTMENTS IN THOSE CATEGORIES 

2443
01:31:20,074 --> 01:31:24,312
AS DIRECTED IN THE SPEND PLAN. 

2444
01:31:24,312 --> 01:31:25,146
>> YOU CAN CONTINUE. 

2445
01:31:25,146 --> 01:31:30,084
>> GREAT. SO EARLIER I WALKED  

2446
01:31:30,084 --> 01:31:30,618
THROUGH THE PRODUCTION  

2447
01:31:30,618 --> 01:31:33,087
ALLEGATION FOR THE HOUSING LEVY 

2448
01:31:33,087 --> 01:31:34,956
WHICH IS ON THE RIGHT SIDE. 

2449
01:31:34,956 --> 01:31:36,190
THESE ARE PROJECTED HONEST MATE 

2450
01:31:36,190 --> 01:31:41,529
JUMP START AND FUNDS COLLECTED  

2451
01:31:41,529 --> 01:31:44,098
OVER THE COURSE OF THE 2023  

2452
01:31:44,098 --> 01:31:45,466
HOUSING LEVY PERIOD. YOU CAN SE 

2453
01:31:45,466 --> 01:31:46,801
SUPPORTING THE DEVELOPMENT OF  

2454
01:31:46,801 --> 01:31:48,803
OVER 2,000 NEW AND AFFORDABLE  

2455
01:31:48,803 --> 01:31:50,371
RENTAL HOMES AND THE  

2456
01:31:50,371 --> 01:31:52,273
PRESENTATION OF AN ADDITIONAL  

2457
01:31:52,273 --> 01:31:53,407
600 HOMES. JUMP START ALSO  

2458
01:31:53,407 --> 01:31:55,710
SUPPORTS THE COMMUNITY  

2459
01:31:55,710 --> 01:31:56,511
SELF-DETERMINATION FUND, WHICH  

2460
01:31:56,511 --> 01:32:03,150
ACTS AS A CAPACITY BUILDING AND 

2461
01:32:03,150 --> 01:32:09,190
LOAN FUND FOCUSED ON SUPPORTING 

2462
01:32:09,190 --> 01:32:10,892
COMMUNITY  BASE ORGANIZATIONS 

2463
01:32:10,892 --> 01:32:11,959
AND BIPOCK ORGANIZATIONS. I WAL 

2464
01:32:11,959 --> 01:32:12,593
THROUGH THESE HOUSING LEVY  

2465
01:32:12,593 --> 01:32:14,128
INVESTMENTS ON THE LEFT, SO NOW 

2466
01:32:14,128 --> 01:32:16,898
YOU CAN SEE THE JUMP START OMS  

2467
01:32:16,898 --> 01:32:19,800
SPIN PLAN ON THE RIGHT SIDE OF  

2468
01:32:19,800 --> 01:32:25,973
THE SLIDE ALONGSIDE OUR HOUSING 

2469
01:32:25,973 --> 01:32:27,942
GOALS. BOTH FUNDS INVEST IN 

2470
01:32:27,942 --> 01:32:28,910
OPERATING MAINTENANCE FOR NEW  

2471
01:32:28,910 --> 01:32:30,411
HOUSING. JUMP START WILL PROVID 

2472
01:32:30,411 --> 01:32:33,748
$11 MILLION FOR NEW AND EXISTIN 

2473
01:32:33,748 --> 01:32:38,185
OMS CONTRACTS WHICH STARTED IN  

2474
01:32:38,185 --> 01:32:40,221
2022. BOTH FUND SOURCES WORK  

2475
01:32:40,221 --> 01:32:42,189
TOGETHER TO PROVIDE THE WORK  

2476
01:32:42,189 --> 01:32:44,058
STABILIZATION OMS FUND OF  

2477
01:32:44,058 --> 01:32:46,527
APPROXIMATELY APPROXIMATELY 390 

2478
01:32:46,527 --> 01:32:50,398
HOMES NOW IN OPERATION OR IN TH 

2479
01:32:50,398 --> 01:32:51,098
NEAR FUTURE PIPELINE. JUMP  

2480
01:32:51,098 --> 01:32:55,169
STARTS CONTRIBUTED $179 MILLION 

2481
01:32:55,169 --> 01:33:00,308
OVER SEVEN YEARS FOR IN CRUCIAL 

2482
01:33:00,308 --> 01:33:00,808
ACTIVITY. REFERRING TO  

2483
01:33:00,808 --> 01:33:01,475
COUNCILMEMBER HERBOLD EARLIER,  

2484
01:33:01,475 --> 01:33:02,143
NON-PH RESIDENT SERVICES WITH  

2485
01:33:02,143 --> 01:33:03,344
$26 MILLION OVER SEVEN YEARS,  

2486
01:33:03,344 --> 01:33:05,980
AND ONCE WE SETTLE ON A FINAL  

2487
01:33:05,980 --> 01:33:06,981
SPEND PLAN FOR THE PREVENTION 

2488
01:33:06,981 --> 01:33:08,316
PROGRAM AREA ANY INVESTMENTS  

2489
01:33:08,316 --> 01:33:10,284
THAT ARE IS SHIFTED IN THE  

2490
01:33:10,284 --> 01:33:11,953
PREVENTION AREA TO RESIDENT  

2491
01:33:11,953 --> 01:33:15,389
SERVICES WILL BE OFFSET IN THIS 

2492
01:33:15,389 --> 01:33:18,025
JUMP START SPEND PLAN, AND  

2493
01:33:18,025 --> 01:33:22,430
DOLLARS FREED UP WILL GO TO NEW 

2494
01:33:22,430 --> 01:33:23,597
PRODUCTION. FINALLY, JUMP START 

2495
01:33:23,597 --> 01:33:24,932
WILL FUND THE EXPIRING OEM 

2496
01:33:24,932 --> 01:33:27,068
CONTRACTS THAT ARE FACING FUND  

2497
01:33:27,068 --> 01:33:27,735
CLIFFS WITH $10 MILLION OVER TH 

2498
01:33:27,735 --> 01:33:30,771
SEVEN YEAR PERIOD. AND THIS 

2499
01:33:30,771 --> 01:33:34,475
CONCLUDES THE PRESENTATION.  

2500
01:33:34,475 --> 01:33:35,343
>> GREAT. I SEE A HAND. 

2501
01:33:35,343 --> 01:33:40,314
COUNCILMEMBER HERBOLD IS THAT A 

2502
01:33:40,314 --> 01:33:41,315
OLD HAND OR A NEW HAND? 

2503
01:33:41,315 --> 01:33:42,516
>> ACTUALLY IT WAS AN OLD HAND, 

2504
01:33:42,516 --> 01:33:44,018
BUT I HAVE A NEW QUESTION. ONE  

2505
01:33:44,018 --> 01:33:46,120
OF THE THINGS I ASKED ABOUT THA 

2506
01:33:46,120 --> 01:33:51,459
I DIDN'T SEE COVERED IN EITHER  

2507
01:33:51,459 --> 01:33:54,662
THE FIRST OR THE SECOND  

2508
01:33:54,662 --> 01:33:57,798
PRESENTATION RELATES TO  

2509
01:33:57,798 --> 01:34:03,270
PROPERTIES THAT ARE CURRENTLY I 

2510
01:34:03,270 --> 01:34:04,538
THE OH PORTFOLIO. BUT THAT HAVE 

2511
01:34:04,538 --> 01:34:05,306
LAPSING OR EXPIRING  

2512
01:34:05,306 --> 01:34:05,906
AFFORDABILITY REQUIREMENTS 

2513
01:34:05,906 --> 01:34:10,778
BECAUSE OF THE LENGTH OF TIME  

2514
01:34:10,778 --> 01:34:13,614
THAT THEY'VE BEEN IN THE OH  

2515
01:34:13,614 --> 01:34:14,715
PORTFOLIO. I'D REALLY LIKE TO  

2516
01:34:14,715 --> 01:34:16,317
KNOW THE TOTAL NUMBER OF UNITS  

2517
01:34:16,317 --> 01:34:19,020
AND/OR BUILDINGS THAT WILL COME 

2518
01:34:19,020 --> 01:34:20,855
TO THE END OF THEIR  

2519
01:34:20,855 --> 01:34:24,091
AFFORDABILITY AGREEMENTS WITH  

2520
01:34:24,091 --> 01:34:27,928
THE OFFICE OF HOUSING OVER THE  

2521
01:34:27,928 --> 01:34:30,197
COURSE OF THE NEXT LEVY. I ALSO 

2522
01:34:30,197 --> 01:34:33,534
WANT TO MAKE SURE WE'RE WORKING 

2523
01:34:33,534 --> 01:34:35,436
TOGETHER TO CREATE AS DELIBERAT 

2524
01:34:35,436 --> 01:34:36,904
STRATEGY FOR BUILDINGS WHO'S  

2525
01:34:36,904 --> 01:34:39,373
AFFORDABILITY IS AT ITS END, AN 

2526
01:34:39,373 --> 01:34:42,610
THAT THAT STRATEGY IS FOCUSED O 

2527
01:34:42,610 --> 01:34:43,677
PRESERVING AFFORDABILITY IF  

2528
01:34:43,677 --> 01:34:45,880
POSSIBLE IN PARTNERSHIP WITH TH 

2529
01:34:45,880 --> 01:34:53,087
OWNER. AND IF NOT, WITH THE  

2530
01:34:53,087 --> 01:34:55,823
CURRENT OWNER WORKING TO 

2531
01:34:55,823 --> 01:34:57,625
PRESERVE AFFORDABILITY WITH  

2532
01:34:57,625 --> 01:35:01,996
OTHER PROVIDERS. I THINK AGAIN  

2533
01:35:01,996 --> 01:35:03,664
GOAL WOULD BE A STRATEGY THAT  

2534
01:35:03,664 --> 01:35:05,566
COUNTS AND TRACKS PROPERTIES  

2535
01:35:05,566 --> 01:35:06,734
WHO'S AGREEMENTS ARE NEARING AN 

2536
01:35:06,734 --> 01:35:08,335
END, REQUIRE AN OUTREACH FROM  

2537
01:35:08,335 --> 01:35:11,338
THE OFFICE OF HOUSING IN THE  

2538
01:35:11,338 --> 01:35:13,474
YEARS AHEAD OF LAPSING TO  

2539
01:35:13,474 --> 01:35:15,409
EXPLORE WHETHER THE CITY CAN  

2540
01:35:15,409 --> 01:35:17,378
SUPPORT THE PROVIDER TO EXTEND  

2541
01:35:17,378 --> 01:35:18,312
AFFORDABILITY, THEN DEVELOP A  

2542
01:35:18,312 --> 01:35:22,516
PACKAGE OF OPTIONS THAT COULD B 

2543
01:35:22,516 --> 01:35:25,720
OFFERED TO LAPSING BUILDINGS  

2544
01:35:25,720 --> 01:35:28,489
THAT COULD SUPPORT ONGOING  

2545
01:35:28,489 --> 01:35:29,256
AFFORDABILITY RESIDENT  

2546
01:35:29,256 --> 01:35:32,093
COMMUNICATION, ORGANIZING  

2547
01:35:32,093 --> 01:35:33,694
RELOCATION, TRYING TO MAYBE LIN 

2548
01:35:33,694 --> 01:35:37,198
UP THE EXPIRING AFFORDABILITY I 

2549
01:35:37,198 --> 01:35:39,366
BUILDINGS WITH OUR NOTICE OF  

2550
01:35:39,366 --> 01:35:41,635
INTENT TO SELL POLICY. AND  

2551
01:35:41,635 --> 01:35:43,370
CONSIDERING DESIGNATING A POT O 

2552
01:35:43,370 --> 01:35:44,772
FUNDING FOR DEFERRED MAINTENANC 

2553
01:35:44,772 --> 01:35:46,874
AVAILABLE ONLY TO THOSE  

2554
01:35:46,874 --> 01:35:48,609
BUILDINGS IF THEY AGREE TO  

2555
01:35:48,609 --> 01:35:52,680
EXTEND AFFORDABILITY. WE KNOW O 

2556
01:35:52,680 --> 01:35:57,184
A COUPLE OF EXAMPLES OF SOME  

2557
01:35:57,184 --> 01:36:02,590
PROPERTIES IN MORE OF AN AD HOC 

2558
01:36:02,590 --> 01:36:03,624
FASHION HAVING THIS EXPIRING  

2559
01:36:03,624 --> 01:36:05,593
AFFORDABILITY AND PROPERTIES  

2560
01:36:05,593 --> 01:36:07,228
BEING SOLD TO GET OUT FROM UNDE 

2561
01:36:07,228 --> 01:36:08,963
THAT ONGOING OBLIGATION AND  

2562
01:36:08,963 --> 01:36:12,766
REALLY, I THINK THIS IS AN  

2563
01:36:12,766 --> 01:36:16,003
IMPORTANT PART OF OUR LONG TERM 

2564
01:36:16,003 --> 01:36:16,670
AFFORDABILITY AND  

2565
01:36:16,670 --> 01:36:17,905
ANTI-DISPLACEMENT STRATEGY THAT 

2566
01:36:17,905 --> 01:36:20,941
I WOULD REALLY LIKE TO SEIZE AN 

2567
01:36:20,941 --> 01:36:22,076
FOCUS ON IN THIS LEVY. THANK  

2568
01:36:22,076 --> 01:36:22,276
YOU. 

2569
01:36:22,276 --> 01:36:23,410
>> THANK YOU COUNCILMEMBER  

2570
01:36:23,410 --> 01:36:24,245
HERBOLD. WE'LL GET BACK TO YOU 

2571
01:36:24,245 --> 01:36:25,179
ON THOSE QUESTIONS. WE DID SEE  

2572
01:36:25,179 --> 01:36:29,316
THAT, AND THAT IS ONE OF OUR TO 

2573
01:36:29,316 --> 01:36:30,918
DO LIST ITEMS. THANK YOU.  

2574
01:36:30,918 --> 01:36:31,485
>> OKAY, GREAT, THANK YOU. 

2575
01:36:31,485 --> 01:36:32,119
COUNCILMEMBER PEDERSEN, PLEASE 

2576
01:36:32,119 --> 01:36:33,154
GO AHEAD.  

2577
01:36:33,154 --> 01:36:34,488
>> THANK YOU, CHAIR. NOW THAT  

2578
01:36:34,488 --> 01:36:37,091
WE'RE AT THE END OF THE SLIDE  

2579
01:36:37,091 --> 01:36:39,160
DECK I'VE GOT ABOUT FIVE  

2580
01:36:39,160 --> 01:36:44,465
QUESTIONS THAT GO BACK TO THE  

2581
01:36:44,465 --> 01:36:46,300
SLIDES THAT WE MOST RECENTLY  

2582
01:36:46,300 --> 01:36:46,867
STARTED WITH -- 

2583
01:36:46,867 --> 01:36:48,202
>> PLEASE GO AHEAD. 

2584
01:36:48,202 --> 01:36:50,437
>> THANK YOU. I HAD ASKED AT TH 

2585
01:36:50,437 --> 01:36:56,210
LAST MEETING ABOUT THE VACANCY  

2586
01:36:56,210 --> 01:36:58,112
RATE AND THE OFFICE OF HOUSING  

2587
01:36:58,112 --> 01:37:00,314
PORTFOLIO. THE LAST TIME THAT I 

2588
01:37:00,314 --> 01:37:02,650
THINK A FULL SET OF DATA WAS 

2589
01:37:02,650 --> 01:37:08,255
PROVIDED WHERE EVERYBODY HAD  

2590
01:37:08,255 --> 01:37:09,356
REPLIED FROM THE HOUSING  

2591
01:37:09,356 --> 01:37:11,525
PROVIDERS IT WAS AROUND 5%. NOT 

2592
01:37:11,525 --> 01:37:13,060
INCLUDING PROJECTS THAT ARE  

2593
01:37:13,060 --> 01:37:15,563
LEASING UP FOR CONSTRUCTION. SO 

2594
01:37:15,563 --> 01:37:18,766
I'M STILL HOPING THAT WE CAN GE 

2595
01:37:18,766 --> 01:37:20,534
FINAL ANSWERS ON WHAT THE  

2596
01:37:20,534 --> 01:37:26,941
CURRENT VACANCY RATE MIGHT BE,  

2597
01:37:26,941 --> 01:37:27,775
ASSUMING ALL THE HOUSING  

2598
01:37:27,775 --> 01:37:30,511
PROVIDERS HAVE PROVIDED THAT  

2599
01:37:30,511 --> 01:37:35,449
DATA. SO I CAN KEEP GOING WITH  

2600
01:37:35,449 --> 01:37:37,117
THE COMMENTS OR QUESTIONS. LET' 

2601
01:37:37,117 --> 01:37:37,318
SEE. 

2602
01:37:37,318 --> 01:37:39,186
>> COUNCILMEMBER PEDERSEN, I CA 

2603
01:37:39,186 --> 01:37:43,023
RESPOND TO THAT. FROM THE DATA 

2604
01:37:43,023 --> 01:37:48,295
THAT WE HAVE, THE STAFF HAVE  

2605
01:37:48,295 --> 01:37:49,763
ANALYZED FOR THE 2022 ANNUALIZE 

2606
01:37:49,763 --> 01:37:51,098
VACANCY RATE IS 3.5%, WHICH IS  

2607
01:37:51,098 --> 01:37:55,636
LESS THAN THE 5% WHICH WE HAVE  

2608
01:37:55,636 --> 01:37:58,739
HELD AS A STANDARD FOR MULTIPLE 

2609
01:37:58,739 --> 01:38:00,941
YEARS, AND IS -- THAT 5%  

2610
01:38:00,941 --> 01:38:04,945
STANDARD IS ACTUALLY LESS THAN 

2611
01:38:04,945 --> 01:38:06,447
SOME OF THE OTHER MAJOR HIGH  

2612
01:38:06,447 --> 01:38:07,414
CONTACT CITIES THAT WE'VE BEEN  

2613
01:38:07,414 --> 01:38:07,982
IN CONTACT WITH. 

2614
01:38:07,982 --> 01:38:12,219
>> SO IF I MAY GO INTO THAT A  

2615
01:38:12,219 --> 01:38:13,754
LITTLE BIT FURTHER, MY  

2616
01:38:13,754 --> 01:38:16,390
UNDERSTANDING IS THAT 4% VACANC 

2617
01:38:16,390 --> 01:38:17,891
DOES NOT INCLUDE SEVERAL HOUSIN 

2618
01:38:17,891 --> 01:38:20,027
PROVIDERS THAT THEY HAVE NOT YE 

2619
01:38:20,027 --> 01:38:22,029
RESPONDED, AND I THINK THIS IS  

2620
01:38:22,029 --> 01:38:26,300
PART OF THE ISSUE I'M POINTING  

2621
01:38:26,300 --> 01:38:27,902
OUT IS WE DON'T HAVE REALTIME  

2622
01:38:27,902 --> 01:38:30,037
DATA ON VACANCIES. IF THEY  

2623
01:38:30,037 --> 01:38:32,473
HAVEN'T RESPONDED I'M WONDERING 

2624
01:38:32,473 --> 01:38:35,109
IF THEIR VACANCY IS PERHAPS  

2625
01:38:35,109 --> 01:38:36,710
HIGHER THAN AVERAGE, SO I  

2626
01:38:36,710 --> 01:38:40,781
WOULDN'T QUOTE THAT 4% FIGURE,  

2627
01:38:40,781 --> 01:38:44,218
GUESS, OR I'M NOT COMFORTABLE  

2628
01:38:44,218 --> 01:38:46,954
WITH IT UNTIL EVERYBODY'S  

2629
01:38:46,954 --> 01:38:50,257
REPLIED. AND I KNOW THAT CENTRA 

2630
01:38:50,257 --> 01:38:52,860
STAFF DID PROVIDE VACANCY DATA  

2631
01:38:52,860 --> 01:38:56,230
FOR OTHER JURISDICTIONS AND  

2632
01:38:56,230 --> 01:38:57,765
NATIONWIDE, BUT IT WASN'T FOR  

2633
01:38:57,765 --> 01:39:01,335
LOW INCOME HOUSING. AND THE DAT 

2634
01:39:01,335 --> 01:39:03,704
THAT IS AVAILABLE FOR LOW INCOM 

2635
01:39:03,704 --> 01:39:05,773
HOUSING NATIONALLY IS 2% IS THE 

2636
01:39:05,773 --> 01:39:09,109
STANDARD, SO I GUESS I JUST WAN 

2637
01:39:09,109 --> 01:39:11,812
TO KEEP THIS ISSUE GOING THAT  

2638
01:39:11,812 --> 01:39:14,948
WHATEVER WE CAN DO FROM ASSET  

2639
01:39:14,948 --> 01:39:16,383
MANAGEMENT STANDPOINT, IF WE CA 

2640
01:39:16,383 --> 01:39:18,519
GET MORE FREQUENT ACCESS TO THI 

2641
01:39:18,519 --> 01:39:21,088
DATA TO SEE WHAT SUPPORTS ARE  

2642
01:39:21,088 --> 01:39:23,057
NEEDED FROM CERTAIN HOUSING  

2643
01:39:23,057 --> 01:39:24,925
PROVIDERS TO GET THAT VACANCY  

2644
01:39:24,925 --> 01:39:26,160
RATE DOWN, SO THAT WE'RE --  

2645
01:39:26,160 --> 01:39:29,530
BECAUSE OUR GOAL IS OBVIOUSLY T 

2646
01:39:29,530 --> 01:39:31,398
GET EVERYBODY INTO THOSE UNITS  

2647
01:39:31,398 --> 01:39:33,701
SO THAT WE REDUCE HOMELESSNESS. 

2648
01:39:33,701 --> 01:39:37,905
SO I JUST, I REALLY WANT TO  

2649
01:39:37,905 --> 01:39:38,772
FOCUS ON THAT GOING FORWARD. 

2650
01:39:38,772 --> 01:39:39,940
>> COUNCILMEMBER, JUST TO BE  

2651
01:39:39,940 --> 01:39:43,377
CLEAR FROM THE DATA THAT WE HAV 

2652
01:39:43,377 --> 01:39:46,714
AT THIS POINT, IT IS 3.95. I'M  

2653
01:39:46,714 --> 01:39:50,017
UNCLEAR AS TO WHAT THE 2%  

2654
01:39:50,017 --> 01:39:51,952
STANDARD IS THAT YOU REFERRED  

2655
01:39:51,952 --> 01:39:53,754
TO. THE SOURCE OF MY DATA AS TO 

2656
01:39:53,754 --> 01:39:56,824
WHAT THE STANDARDS ARE IN OTHER 

2657
01:39:56,824 --> 01:39:58,859
CITIES IS I ASK THEM. AND I ASK 

2658
01:39:58,859 --> 01:40:03,664
THE CITIES OF, I THINK CHICAGO, 

2659
01:40:03,664 --> 01:40:04,631
NEW YORK, LOS ANGELES, SAN  

2660
01:40:04,631 --> 01:40:07,735
FRANCISCO, MIAMI, BOSTON, AND  

2661
01:40:07,735 --> 01:40:09,370
DENVER JUST WHAT THEIR STANDARD 

2662
01:40:09,370 --> 01:40:10,104
IS, RIGHT? AND ACROSS THEIR  

2663
01:40:10,104 --> 01:40:11,438
PORTFOLIOS. AND DEPENDING ON  

2664
01:40:11,438 --> 01:40:14,475
WHERE WE ARE IN THE POINT OF  

2665
01:40:14,475 --> 01:40:18,545
TIME AND WHAT IS THE DATA THAT  

2666
01:40:18,545 --> 01:40:21,148
THEY ARE USING, AND WHETHER THE 

2667
01:40:21,148 --> 01:40:25,819
ARE UNDER COMMUNITIES OF CARE,  

2668
01:40:25,819 --> 01:40:27,755
IS THAT THE RIGHT COC? THE  

2669
01:40:27,755 --> 01:40:28,756
CONTINUUM OF CARE. THOSE VACANC 

2670
01:40:28,756 --> 01:40:29,490
RATES MAY FLUCTUATE BECAUSE IT' 

2671
01:40:29,490 --> 01:40:35,863
A POINT -- IT IS NOT A POINT OF 

2672
01:40:35,863 --> 01:40:36,864
TIME COUNT. IT'S ANNUALIZED  

2673
01:40:36,864 --> 01:40:38,565
COUNT. AND IF YOU HAVE SECTION  

2674
01:40:38,565 --> 01:40:39,833
WAIT LISTS, THE VACANCY RATES  

2675
01:40:39,833 --> 01:40:41,969
OFTEN STRETCH OUT. IF YOU'RE  

2676
01:40:41,969 --> 01:40:45,839
GOING CAN THROUGH A VERY  

2677
01:40:45,839 --> 01:40:46,807
SPECIFIC PROTOCOL, YOUR VACANCY 

2678
01:40:46,807 --> 01:40:47,975
TIMES CAN EXIST, UNDERSTAND. 

2679
01:40:47,975 --> 01:40:51,412
>> JUST TO ANSWER YOUR QUESTION 

2680
01:40:51,412 --> 01:40:56,884
THE INFORMATION I'M GETTING IS 

2681
01:40:56,884 --> 01:41:01,522
FROM MOODY'S  ANALYTICS, THEY  

2682
01:41:01,522 --> 01:41:04,258
SAY LOW INCOME HOUSING TAX  

2683
01:41:04,258 --> 01:41:06,427
PROJECTS ACROSS THE NATION, IT' 

2684
01:41:06,427 --> 01:41:09,229
A RANGE OF 2%, TO 2.6% FOR  

2685
01:41:09,229 --> 01:41:12,232
VACANCIES. SO AGAIN, I'M FOCUSE 

2686
01:41:12,232 --> 01:41:18,205
ON THE LOW INCOME HOUSING STOCK 

2687
01:41:18,205 --> 01:41:19,406
OF THOSE CITIES. NOT JUST 

2688
01:41:19,406 --> 01:41:20,741
GENERAL HOUSING STOCK. 

2689
01:41:20,741 --> 01:41:22,009
>> UNDERSTOOD. YOU'RE GOING TO  

2690
01:41:22,009 --> 01:41:23,811
HAVE TO GO BACK TO MOODY'S  

2691
01:41:23,811 --> 01:41:25,846
BECAUSE I'M UNFAMILIAR WITH THA 

2692
01:41:25,846 --> 01:41:26,079
SOURCE. 

2693
01:41:26,079 --> 01:41:27,614
>> I ALSO WANT TO ADD TO THIS.  

2694
01:41:27,614 --> 01:41:29,583
THINK IT'S IMPORTANT TO LOOK AT 

2695
01:41:29,583 --> 01:41:30,884
SOME OF OUR LOCAL PROVIDERS. I  

2696
01:41:30,884 --> 01:41:32,920
THINK THIS QUESTION HAS COME UP 

2697
01:41:32,920 --> 01:41:34,087
A FEW TIMES. THE TEAM THAT  

2698
01:41:34,087 --> 01:41:35,889
PARTNERS WITH THE CHAMBER OF 

2699
01:41:35,889 --> 01:41:38,559
COMMERCE TO DO THE HOUSING  

2700
01:41:38,559 --> 01:41:40,527
CONNECTOR PROGRAM CONTINUES TO  

2701
01:41:40,527 --> 01:41:45,232
COME UP WITH THE SAME NUMBERS O 

2702
01:41:45,232 --> 01:41:50,604
VACANT UNITS, AND I THINK A  

2703
01:41:50,604 --> 01:41:51,905
REALLY HELPFUL LOCAL EXPLANATIO 

2704
01:41:51,905 --> 01:41:53,140
OF WHY. HELPING TO MAKE SURE  

2705
01:41:53,140 --> 01:41:55,075
THAT PEOPLE, PERHAPS DON'T HAVE 

2706
01:41:55,075 --> 01:41:58,679
A DRIVER'S LICENSE, CAN HAVE  

2707
01:41:58,679 --> 01:41:59,413
ALTERNATE FORMS OF  

2708
01:41:59,413 --> 01:42:00,380
IDENTIFICATION THAT CAN BE USED 

2709
01:42:00,380 --> 01:42:02,015
BY LANDLORDS AS WE'RE TRYING TO 

2710
01:42:02,015 --> 01:42:02,950
GET PEOPLE HOUSED, AND HOUSED  

2711
01:42:02,950 --> 01:42:06,086
QUICKLY. THIS CAME UP FROM THE 

2712
01:42:06,086 --> 01:42:07,621
OPPORTUNITY TO SIT IN AT THE  

2713
01:42:07,621 --> 01:42:08,255
REGIONAL HOMELESSNESS  

2714
01:42:08,255 --> 01:42:09,122
AUTHORITIES, I THINK DAILY 

2715
01:42:09,122 --> 01:42:11,525
BRIEFING THAT THEY DO. AND THE 

2716
01:42:11,525 --> 01:42:15,863
HOUSING PROVIDERS THAT ARE IN  

2717
01:42:15,863 --> 01:42:17,464
THE ROOM, INCLUDING MEMBERS OF  

2718
01:42:17,464 --> 01:42:19,733
THE BUSINESS COMMUNITY FROM WE 

2719
01:42:19,733 --> 01:42:25,405
ARE IN AND OTHERS ARE 

2720
01:42:25,405 --> 01:42:26,039
COLLECTIVELY TALKING ABOUT THE 

2721
01:42:26,039 --> 01:42:29,943
BARRIERS TO  GETTING PEOPLE  

2722
01:42:29,943 --> 01:42:31,512
PLACED IN AFFORDABLE HOUSING. 

2723
01:42:31,512 --> 01:42:34,848
ONE OF THE ITEMS IS INCREASED  

2724
01:42:34,848 --> 01:42:36,483
EDUCATION ABOUT WHAT ACTUAL  

2725
01:42:36,483 --> 01:42:37,284
IDENTIFICATION IS NEEDED. YOU  

2726
01:42:37,284 --> 01:42:38,852
DON'T NEED A GOVERNMENT  

2727
01:42:38,852 --> 01:42:40,020
SUBMITTED FORM OF IDENTIFICATIO 

2728
01:42:40,020 --> 01:42:41,955
AS REQUIRED TO GET APPROVAL. YO 

2729
01:42:41,955 --> 01:42:42,956
JUST NEED AN IDENTIFICATION  

2730
01:42:42,956 --> 01:42:43,757
SOURCE. SO HELPING TO INCREASE  

2731
01:42:43,757 --> 01:42:45,092
ACCESS TO IDENTIFICATION IS  

2732
01:42:45,092 --> 01:42:47,694
SOMETHING THAT WE COULD WORK ON 

2733
01:42:47,694 --> 01:42:49,997
BUT THERE'S A NUMBER OF REASONS 

2734
01:42:49,997 --> 01:42:50,898
THAT THERE'S BARRIERS, AND  

2735
01:42:50,898 --> 01:42:52,432
ANOTHER REASONS THAT THERE'S  

2736
01:42:52,432 --> 01:42:53,233
TURNOVER. SO I JUST WANTED TO  

2737
01:42:53,233 --> 01:42:54,468
ADD THAT AS ADDITIONAL CONTEXT  

2738
01:42:54,468 --> 01:42:57,104
OFF THE TOP OF MY HEAD, AND WE  

2739
01:42:57,104 --> 01:42:58,672
CAN DO SOME ADDITIONAL FOLLOW U 

2740
01:42:58,672 --> 01:43:01,808
WITH THE CHAMBER AND THE  

2741
01:43:01,808 --> 01:43:03,143
BUSINESSES WE ARE WORKING WITH, 

2742
01:43:03,143 --> 01:43:05,846
WE ARE IN. AND A NUMBER OF OTHE 

2743
01:43:05,846 --> 01:43:07,347
GROUPS WORKING TO SERVE FOLKS A 

2744
01:43:07,347 --> 01:43:12,786
THE VERY LOWEST INCOME AS WELL  

2745
01:43:12,786 --> 01:43:14,521
AS FOLKS WHO ARE DOING THAT AS  

2746
01:43:14,521 --> 01:43:16,490
PHILANTHROPISTS AND COMING FROM 

2747
01:43:16,490 --> 01:43:17,891
THE BUSINESS COMMUNITY TO  

2748
01:43:17,891 --> 01:43:23,463
PROVIDE SOME NOTES AND  

2749
01:43:23,463 --> 01:43:26,667
QUALITATIVE DATA TO COMPLEMENT  

2750
01:43:26,667 --> 01:43:27,267
ANY QUANTITATIVE DATA. 

2751
01:43:27,267 --> 01:43:29,136
>> THANK YOU, CHAIR. FOR ME, 

2752
01:43:29,136 --> 01:43:31,505
IT'S 4%, OR 5%, WHICH IS 800  

2753
01:43:31,505 --> 01:43:33,140
VACANT UNITS, I THINK WE ALL  

2754
01:43:33,140 --> 01:43:34,474
WANT TO GET THAT NUMBER DOWN. 

2755
01:43:34,474 --> 01:43:36,777
THE MORE FREQUENTLY WE HAVE THE 

2756
01:43:36,777 --> 01:43:39,112
DATA, WE CAN HELP RESPOND AND  

2757
01:43:39,112 --> 01:43:40,280
PROVIDE SUPPORT IF NEEDED. SO  

2758
01:43:40,280 --> 01:43:44,084
I'VE GOT FOUR MORE QUESTIONS  

2759
01:43:44,084 --> 01:43:47,454
HERE, I CAN JUST RUN THROUGH  

2760
01:43:47,454 --> 01:43:47,654
THEM. 

2761
01:43:47,654 --> 01:43:47,921
>> OKAY. 

2762
01:43:47,921 --> 01:43:48,822
>> THANK YOU. REGARDING THE  

2763
01:43:48,822 --> 01:43:52,926
SLIDE 23, THANK YOU FOR SHOWING 

2764
01:43:52,926 --> 01:43:55,629
THAT HIGH RISK OF DISPLACEMENT  

2765
01:43:55,629 --> 01:43:57,264
MAP. REALLY PROUD TO HAVE THE  

2766
01:43:57,264 --> 01:43:58,365
CEDAR CROSSING PROJECT IN MY 

2767
01:43:58,365 --> 01:44:00,934
DISTRICT. THAT MAP IS SHOWING  

2768
01:44:00,934 --> 01:44:04,838
THAT THE UNIVERSITY DISTRICT HA 

2769
01:44:04,838 --> 01:44:09,276
A HIGH RISK OF DISPLACEMENT. I  

2770
01:44:09,276 --> 01:44:11,912
KNOW THAT LAND COSTS ARE HIGH I 

2771
01:44:11,912 --> 01:44:13,247
URBAN CENTERS, AND NEAR LIGHT 

2772
01:44:13,247 --> 01:44:15,048
RAIL STATIONS. AND SO I THINK  

2773
01:44:15,048 --> 01:44:18,685
IT'S A REEL OPPORTUNITY THAT WE 

2774
01:44:18,685 --> 01:44:20,020
HAVE BEGUN WITH THE SOUND  

2775
01:44:20,020 --> 01:44:23,590
TRANSIT PROJECT ON ROOSEVELT AN 

2776
01:44:23,590 --> 01:44:25,993
45th STREET, WHICH CURRENTLY IS 

2777
01:44:25,993 --> 01:44:29,229
HOME TO OVER 35 PEOPLE  

2778
01:44:29,229 --> 01:44:30,664
EXPERIENCING HOMELESSNESS IN A  

2779
01:44:30,664 --> 01:44:32,099
TINY HOME VILLAGE THERE. SO  

2780
01:44:32,099 --> 01:44:37,938
HOPING THAT THAT SURROUND  

2781
01:44:37,938 --> 01:44:38,605
TRANSIT PARTNERSHIP CONTINUES  

2782
01:44:38,605 --> 01:44:43,143
THERE FOR THAT PROJECT. SLIDE  

2783
01:44:43,143 --> 01:44:45,979
26, WHICH TALKS ABOUT THE RENTA 

2784
01:44:45,979 --> 01:44:47,781
HOUSING PRODUCTION, THOSE  

2785
01:44:47,781 --> 01:44:49,950
FIGURES, THE 707 MILLION, THAT' 

2786
01:44:49,950 --> 01:44:51,518
OVER THE SEVEN YEAR PROPOSAL AS 

2787
01:44:51,518 --> 01:44:56,056
I UNDERSTAND IT, SO WHAT I'M  

2788
01:44:56,056 --> 01:45:00,127
TRYING TO UNDERSTAND IS THE $61 

2789
01:45:00,127 --> 01:45:03,463
MILLION NUMBER FROM JUMPSTART 

2790
01:45:03,463 --> 01:45:04,531
AND MHA. BECAUSE THE LATEST  

2791
01:45:04,531 --> 01:45:06,533
ECONOMIC FORECAST FOR 2024 IS  

2792
01:45:06,533 --> 01:45:09,036
$280 MILLION FOR JUMPSTART, AND 

2793
01:45:09,036 --> 01:45:12,773
THAT'S IN 2024. AND I HAD  

2794
01:45:12,773 --> 01:45:16,109
THOUGHT THE RENTAL HOUSING  

2795
01:45:16,109 --> 01:45:19,146
PORTION FROM THAT WAS 60% OF  

2796
01:45:19,146 --> 01:45:21,248
82%, WHICH IS BASICALLY 50%. SO 

2797
01:45:21,248 --> 01:45:26,620
$140 MILLION FROM JUMP START  

2798
01:45:26,620 --> 01:45:29,222
OVER SEVEN YEARS WOULD BE $980 

2799
01:45:29,222 --> 01:45:30,724
MILLION. THEN MHA REVENUE IS  

2800
01:45:30,724 --> 01:45:38,231
75.7 MILLION IN 2021, AND 75  

2801
01:45:38,231 --> 01:45:39,766
MILLION IN 2022, DESPITE  

2802
01:45:39,766 --> 01:45:41,601
HEADLINES, IT'S RELATIVELY 

2803
01:45:41,601 --> 01:45:42,169
STEADY. YOU ADD THOSE TWO  

2804
01:45:42,169 --> 01:45:44,738
NUMBERS TOGETHER, YOU'RE UP TO  

2805
01:45:44,738 --> 01:45:47,307
$1.5 BILLION OVER SEVEN YEARS  

2806
01:45:47,307 --> 01:45:49,910
WHEN YOU COMBINE MHA REVENUE AN 

2807
01:45:49,910 --> 01:45:50,410
JUMPSTART REVENUE. BUT 

2808
01:45:50,410 --> 01:45:51,712
OBVIOUSLY, A NUMBER LESS THAN  

2809
01:45:51,712 --> 01:45:53,346
HALF OF THAT $1.5 BILLION THAT  

2810
01:45:53,346 --> 01:45:55,148
I'M COMING UP WITH. SO I JUST  

2811
01:45:55,148 --> 01:45:57,684
WANTED TO UNDERSTAND THE  

2812
01:45:57,684 --> 01:46:00,320
ASSUMPTIONS OF HOW YOU'RE  

2813
01:46:00,320 --> 01:46:02,155
GETTING TO THIS $615 MILLION FO 

2814
01:46:02,155 --> 01:46:02,889
JUMPSTART AND MHA. 

2815
01:46:02,889 --> 01:46:03,990
>> COUNCILMEMBER PEDERSEN, YOU  

2816
01:46:03,990 --> 01:46:06,560
JUST WENT WITH A BUNCH OF  

2817
01:46:06,560 --> 01:46:07,360
DIFFERENT NUMBERS. SO FIRST OF  

2818
01:46:07,360 --> 01:46:08,195
ALL, THEY'RE CONSERVATIVE  

2819
01:46:08,195 --> 01:46:10,597
ESTIMATES. SECOND OF ALL, WE  

2820
01:46:10,597 --> 01:46:11,898
WILL GET THAT TO YOU. BUT THE  

2821
01:46:11,898 --> 01:46:14,334
62% THAT OH GETS IS NO THE ALL  

2822
01:46:14,334 --> 01:46:18,305
GOING TO CAPITAL. THERE IS A  

2823
01:46:18,305 --> 01:46:20,407
SIGNIFICANT AMOUNT THAT IS GOIN 

2824
01:46:20,407 --> 01:46:21,174
INTO OMS. THE OPERATIONS,  

2825
01:46:21,174 --> 01:46:23,076
MAINTENANCE, AND SUPPORT, RIGHT 

2826
01:46:23,076 --> 01:46:26,747
WE CAN GET YOU THOSE NUMBERS ON 

2827
01:46:26,747 --> 01:46:30,917
A SPREADSHEET AROUND YOU CAN  

2828
01:46:30,917 --> 01:46:33,220
COMPARE THEM WITH YOUR NUMBERS, 

2829
01:46:33,220 --> 01:46:35,655
BUT WE ARE GETTING JUMPSTART,  

2830
01:46:35,655 --> 01:46:36,990
AND MSA. THE ENTIRELY THAT WE  

2831
01:46:36,990 --> 01:46:38,725
GET FROM JUMPSTART, DO NOT JUST 

2832
01:46:38,725 --> 01:46:40,694
GO STRAIGHT INTO THIS CAPITAL  

2833
01:46:40,694 --> 01:46:40,927
BUDGET. 

2834
01:46:40,927 --> 01:46:43,330
>> OKAY. AND THEN IN TERMS WAS  

2835
01:46:43,330 --> 01:46:47,167
NUMBER OF UNITS THAT ARE  

2836
01:46:47,167 --> 01:46:51,538
PRODUCED, I SAW IN AN EARLIER  

2837
01:46:51,538 --> 01:46:55,942
SLIDE THAT O.H. IS PREDICTING  

2838
01:46:55,942 --> 01:46:59,813
ABOUT $217,000 PER UNIT OUT OF  

2839
01:46:59,813 --> 01:47:05,118
THE $539,000 PER UNIT. IS THAT  

2840
01:47:05,118 --> 01:47:06,653
THE SAME RATIO OF OUTPUT FOR  

2841
01:47:06,653 --> 01:47:10,690
JUMPSTART AND MHA? BECAUSE I'M  

2842
01:47:10,690 --> 01:47:14,194
THINKING YOU MIGHT BE ABLE TO  

2843
01:47:14,194 --> 01:47:15,395
GET MORE THAN THE 2041 HOMES. 

2844
01:47:15,395 --> 01:47:20,801
BUT IS IT THE SAME 217,000 FOR  

2845
01:47:20,801 --> 01:47:21,735
THOSE SOURCES OF FUNDS? MAYBE  

2846
01:47:21,735 --> 01:47:23,370
NOT. BECAUSE WHAT YOU JUST SAID 

2847
01:47:23,370 --> 01:47:25,005
DIRECTOR WINKLER-CHIN, MORE OF  

2848
01:47:25,005 --> 01:47:28,341
IT IS GOING TO OMS. 

2849
01:47:28,341 --> 01:47:33,246
>> CORRECT. THE MODELING IS A  

2850
01:47:33,246 --> 01:47:34,514
LITTLE DIFFERENT BETWEEN  

2851
01:47:34,514 --> 01:47:36,416
JUMPSTART, AND MHA AND LEVY AS  

2852
01:47:36,416 --> 01:47:40,487
WELL, BECAUSE THE TYPES OF HOME 

2853
01:47:40,487 --> 01:47:43,557
DEVELOPED ARE SLIGHTLY  

2854
01:47:43,557 --> 01:47:45,826
DIFFERENT. THE HOUSING SUPPORT  

2855
01:47:45,826 --> 01:47:48,428
INVESTS IN SENIOR HOUSING.  0%  

2856
01:47:48,428 --> 01:47:51,064
AMI HOMES, SMALLER BEDROOM  

2857
01:47:51,064 --> 01:47:53,233
SIZES. JUMPSTART AND MHA WILL B 

2858
01:47:53,233 --> 01:48:00,273
INVESTING IN MORE 30 TO 60%,  

2859
01:48:00,273 --> 01:48:03,376
THOUGH IT IS DOING THE FULL  

2860
01:48:03,376 --> 01:48:05,078
CONTINUUM AS WELL. AND DIFFEREN 

2861
01:48:05,078 --> 01:48:06,046
TYPES OF FINANCING. SO WE'RE  

2862
01:48:06,046 --> 01:48:10,650
MAXIMIZING OUR UTILIZATION OF  

2863
01:48:10,650 --> 01:48:12,285
THE 9% TAX CREDITS IN THE  

2864
01:48:12,285 --> 01:48:14,521
HOUSING LEVY MODEL. THEY'RE JUS 

2865
01:48:14,521 --> 01:48:16,957
SLIGHTLY DIFFERENT MODELS WHICH 

2866
01:48:16,957 --> 01:48:19,593
IS WHY YOU CAN SEE THERE'S  

2867
01:48:19,593 --> 01:48:21,294
DIFFERENT PRODUCTION GOALS  

2868
01:48:21,294 --> 01:48:21,595
ASSOCIATED. 

2869
01:48:21,595 --> 01:48:24,631
>> THANK YOU VERY MUCH. THANK  

2870
01:48:24,631 --> 01:48:25,532
YOU, CHAIR. 

2871
01:48:25,532 --> 01:48:27,234
>> THANK YOU, COUNCILMEMBER  

2872
01:48:27,234 --> 01:48:29,970
PEDERSEN. ARE THERE ADDITIONAL  

2873
01:48:29,970 --> 01:48:30,270
QUESTIONS? 

2874
01:48:30,270 --> 01:48:33,006
>> I JUST HAVE -- CHAIR  

2875
01:48:33,006 --> 01:48:34,608
MOSQUEDA, I JUST WANTED TO  

2876
01:48:34,608 --> 01:48:36,643
RESPOND TO SOMETHING YOU  

2877
01:48:36,643 --> 01:48:37,577
MENTIONED, HOUSING CONNECTOR. 

2878
01:48:37,577 --> 01:48:38,845
THAT IS A REALLY SUCCESSFUL  

2879
01:48:38,845 --> 01:48:40,247
COMMITTEE, WE HAD A PRESENTATIO 

2880
01:48:40,247 --> 01:48:41,882
AND THEY WERE SO EFFECTIVE IN  

2881
01:48:41,882 --> 01:48:43,416
WORKING WITH THEIR PRIVATE  

2882
01:48:43,416 --> 01:48:44,217
PARTNER ZILLOW AND GETTING 

2883
01:48:44,217 --> 01:48:45,952
PEOPLE INTO HOUSING, THAT THEY  

2884
01:48:45,952 --> 01:48:48,521
ACTUALLY HAD, I THINK IT WAS A  

2885
01:48:48,521 --> 01:48:53,827
HALF MILLION DEFICIT IN THEIR  

2886
01:48:53,827 --> 01:48:57,030
FUNDING, BECAUSE DEMAND WAS SO  

2887
01:48:57,030 --> 01:49:02,402
HIGH. THAT'S AN INNOVATIVE  

2888
01:49:02,402 --> 01:49:06,640
PROGRAM, THAT WHEN WE'RE TALKIN 

2889
01:49:06,640 --> 01:49:07,807
ABOUT RENTAL ASSISTANCE, I'D BE 

2890
01:49:07,807 --> 01:49:08,775
INTERESTED IN EXPLORING FURTHER 

2891
01:49:08,775 --> 01:49:10,377
>> WE'LL SEE IF WE CAN HAVE THE 

2892
01:49:10,377 --> 01:49:13,713
BACK AGAIN. I WANTED TO ASK A  

2893
01:49:13,713 --> 01:49:14,714
FEW QUESTIONS HERE ABOUT OUR  

2894
01:49:14,714 --> 01:49:17,183
WORKFORCE, AND REALLY LIFT UP  

2895
01:49:17,183 --> 01:49:19,786
THE OPPORTUNITY TO TALK ABOUT  

2896
01:49:19,786 --> 01:49:22,088
THE IMPACTFUL ASPECTS OF THE  

2897
01:49:22,088 --> 01:49:24,257
HOUSING LEVY, WE'VE TALKED A  

2898
01:49:24,257 --> 01:49:30,864
LITTLE ABOUT THE WORKFORCE AND  

2899
01:49:30,864 --> 01:49:31,498
MAINTAINING AND INCREASING  

2900
01:49:31,498 --> 01:49:32,866
OPERATION AND MAINTENANCE BY  

2901
01:49:32,866 --> 01:49:34,901
INVESTING IN THOSE WHO PROVIDE  

2902
01:49:34,901 --> 01:49:37,404
THE SERVICE, WHETHER IT'S AS  

2903
01:49:37,404 --> 01:49:39,639
FRONTLINE CARE, AND CASE LINE  

2904
01:49:39,639 --> 01:49:41,007
MANAGER AS COUNCILMEMBER HERBOL 

2905
01:49:41,007 --> 01:49:43,009
COMMENTED ON. BUT I ALSO WANTED 

2906
01:49:43,009 --> 01:49:47,514
TO REALLY COMPLEMENT THE WORK  

2907
01:49:47,514 --> 01:49:50,350
THAT HAD BEEN DONE PARTICULARLY 

2908
01:49:50,350 --> 01:49:54,955
WITH THE BUILDING TRADES AND ML 

2909
01:49:54,955 --> 01:49:56,456
LABOR. KING COUNTY, FOR EXAMPLE 

2910
01:49:56,456 --> 01:49:59,326
THE LEVIES THAT COUNCILMEMBER  

2911
01:49:59,326 --> 01:50:00,060
HERBOLD NOTED EARLIER, HAVE  

2912
01:50:00,060 --> 01:50:01,361
REALLY GREAT LABOR LANGUAGE IN  

2913
01:50:01,361 --> 01:50:08,468
THEM AS WE THINK ABOUT THE VETS 

2914
01:50:08,468 --> 01:50:09,903
AND HUMAN SERVICES LEVY. THE 

2915
01:50:09,903 --> 01:50:11,705
LEVY ON YOUR BALLOT RIGHT NOW,  

2916
01:50:11,705 --> 01:50:13,506
VOTE BY APRIL 5th FOR THE  

2917
01:50:13,506 --> 01:50:14,574
COMMUNITIES OF CARE. THE  

2918
01:50:14,574 --> 01:50:15,842
PROPOSITION THAT'S OUT THERE,  

2919
01:50:15,842 --> 01:50:17,243
THAT HAS IMPORTANT LABOR  

2920
01:50:17,243 --> 01:50:23,883
PROTECTIONS AS WELL THAT THIS  

2921
01:50:23,883 --> 01:50:26,987
COUNCIL HAS SENT A RESOLUTION I 

2922
01:50:26,987 --> 01:50:29,189
SUPPORT OF. AND SOUND TRANSIT. 

2923
01:50:29,189 --> 01:50:31,691
WE HAVE SOME GREAT STRONG LABOR 

2924
01:50:31,691 --> 01:50:32,692
PROTECTIONS FOR BUILDING OUR  

2925
01:50:32,692 --> 01:50:33,393
CONNECTED INFRASTRUCTURE ACROSS 

2926
01:50:33,393 --> 01:50:34,828
THE REGION AS WELL. I JUST THIN 

2927
01:50:34,828 --> 01:50:37,430
IT'S SO IMPORTANT FOR US TO BE  

2928
01:50:37,430 --> 01:50:40,033
CONSTANTLY THINKING ABOUT THE  

2929
01:50:40,033 --> 01:50:41,267
WAYS IN WHICH THERE'S BROADER  

2930
01:50:41,267 --> 01:50:43,636
IMPACTS OF OUR PROPOSAL THAT'S  

2931
01:50:43,636 --> 01:50:47,741
IN FRONT OF US THAT CONTINUE TO 

2932
01:50:47,741 --> 01:50:49,409
BUILD OUT AND SUPPORT WORKING  

2933
01:50:49,409 --> 01:50:52,612
FAMILIES, AND OUR LOCAL 

2934
01:50:52,612 --> 01:50:53,847
ECONOMIES. IS THERE ANYTHING  

2935
01:50:53,847 --> 01:50:58,151
ELSE THAT YOU'D LIKE TO DESCRIB 

2936
01:50:58,151 --> 01:51:03,623
IN THE COMPANION RESOLUTION  

2937
01:51:03,623 --> 01:51:09,529
THAT'S COMING DOWN THAT WILL  

2938
01:51:09,529 --> 01:51:10,964
ALSO COMFORT THE HOUSING LEVITY 

2939
01:51:10,964 --> 01:51:12,532
PARTICULARLY IN INVESTMENTS FOR 

2940
01:51:12,532 --> 01:51:17,303
OUR FOLKS THAT WERE SEEKING TO  

2941
01:51:17,303 --> 01:51:18,571
IMPROVE ACCESS TO BIPOCK  

2942
01:51:18,571 --> 01:51:21,307
COMMUNITIES. I THINK WE HAVE A  

2943
01:51:21,307 --> 01:51:22,509
STRONG FOCUS IN THE HOUSING LEV 

2944
01:51:22,509 --> 01:51:24,077
THAT'S COMPLEMENTED BY SOME OF  

2945
01:51:24,077 --> 01:51:25,445
THE POLICY GOALS AND THE  

2946
01:51:25,445 --> 01:51:26,112
COMPLEMENTARY RESOLUTION THAT'S 

2947
01:51:26,112 --> 01:51:27,047
COMING DOWN. SO ANYTHING ELSE  

2948
01:51:27,047 --> 01:51:28,815
THAT YOU'D LIKE TO HIGHLIGHT  

2949
01:51:28,815 --> 01:51:30,884
FROM THAT, AND WE CAN ALSO DEFE 

2950
01:51:30,884 --> 01:51:36,022
TO SOME STAFF WHEN WE GO THROUG 

2951
01:51:36,022 --> 01:51:36,589
THE PROPOSAL IN MORE DETAIL 

2952
01:51:36,589 --> 01:51:40,493
COMING UP IN MAY.  

2953
01:51:40,493 --> 01:51:44,164
>> I DON'T THINK WE HAVE  

2954
01:51:44,164 --> 01:51:45,098
ANYTHING FURTHER TO HIGHLIGHT  

2955
01:51:45,098 --> 01:51:47,167
FROM THE RESOLUTION. BUT WE DID 

2956
01:51:47,167 --> 01:51:50,403
COVER A LOT OF THAT. REFERENCE  

2957
01:51:50,403 --> 01:51:53,506
TO THE RESIDENT SERVICES, THE  

2958
01:51:53,506 --> 01:51:54,741
WORKFORCE STABILIZATION FUND AN 

2959
01:51:54,741 --> 01:51:59,179
OUR OTHER LABOR PARTNERS THAT  

2960
01:51:59,179 --> 01:51:59,712
DEVELOP OUR HOMES, AS YOU 

2961
01:51:59,712 --> 01:52:00,146
MENTIONED JUST NOW, 

2962
01:52:00,146 --> 01:52:04,451
COUNCILMEMBER MOSQUEDA.  

2963
01:52:04,451 --> 01:52:05,018
>> THANK YOU SO MUCH. PALL 

2964
01:52:05,018 --> 01:52:11,091
RIGHT, ANYTHING  ELSE? COUNCIL 

2965
01:52:11,091 --> 01:52:15,528
CENTRAL STAFF, TRACI  RATZLIFF, 

2966
01:52:15,528 --> 01:52:18,531
I SEE YOU ON SCREEN. DO YOU HAV 

2967
01:52:18,531 --> 01:52:18,898
ANYTHING ELSE? 

2968
01:52:18,898 --> 01:52:19,799
>> IF YOU'RE FINISHED WITH  

2969
01:52:19,799 --> 01:52:20,934
QUESTIONS AND COMMENTS, I JUST  

2970
01:52:20,934 --> 01:52:22,969
WANTED TO GIVE FOLKS AN IDEA OF 

2971
01:52:22,969 --> 01:52:24,771
WHAT'S COMING NEXT. IF YOU'RE  

2972
01:52:24,771 --> 01:52:30,910
READY FOR THAT, I AM HAPPY TO  

2973
01:52:30,910 --> 01:52:31,511
TALK THROUGH NEXT STEP ON THE 

2974
01:52:31,511 --> 01:52:36,382
HOUSING HOUSING LEVY  

2975
01:52:36,382 --> 01:52:37,183
CONSIDERATION BY COUNCIL. 

2976
01:52:37,183 --> 01:52:37,517
>> GO AHEAD. 

2977
01:52:37,517 --> 01:52:39,519
>> COUNCILMEMBERS, AS YOU KNOW, 

2978
01:52:39,519 --> 01:52:43,590
WE'RE SCHEDULED TO MEET ON THE  

2979
01:52:43,590 --> 01:52:46,092
3rd OF MAY. CENTRAL STAFF WILL  

2980
01:52:46,092 --> 01:52:47,293
BRING FORTH IDENTIFIED ISSUES  

2981
01:52:47,293 --> 01:52:48,161
AND OPTIONS THAT COUNCILMEMBERS 

2982
01:52:48,161 --> 01:52:49,996
ARE PARTICULARLY INTERESTED IN  

2983
01:52:49,996 --> 01:52:52,499
WANTING TO PURSUE IN TERMS OF  

2984
01:52:52,499 --> 01:52:54,300
POTENTIAL CHANGES TO THE MAYOR' 

2985
01:52:54,300 --> 01:52:55,301
PROPOSAL. SO COUNCIL STAFF WILL 

2986
01:52:55,301 --> 01:52:56,636
BE WORKING WITH YOU TO IDENTIFY 

2987
01:52:56,636 --> 01:52:59,606
THOSE AND THEN WE WILL PLAN TO  

2988
01:52:59,606 --> 01:53:01,875
COME BACK AT THAT MAY 3rd  

2989
01:53:01,875 --> 01:53:04,444
MEETING TO BEGIN THE DISCUSSION 

2990
01:53:04,444 --> 01:53:06,579
OF THOSE INTERESTS BY U.S.  

2991
01:53:06,579 --> 01:53:07,480
COUNCILMEMBERS AND ANY OTHER  

2992
01:53:07,480 --> 01:53:10,717
ISSUES THAT WE AS CENTRAL STAFF 

2993
01:53:10,717 --> 01:53:11,284
MIGHT IDENTIFY AS POTENTIAL 

2994
01:53:11,284 --> 01:53:15,722
ISSUES FOR YOUR CONSIDERATION.  

2995
01:53:15,722 --> 01:53:16,322
>> OKAY. THANK YOU. SHORT AND 

2996
01:53:16,322 --> 01:53:16,923
SWEET, TRACI. ANYTHING ELSE, 

2997
01:53:16,923 --> 01:53:24,597
DIRECTOR  WINKLER-CHIN? 2 

2998
01:53:24,597 --> 01:53:25,265
>> JUST WANTED TO THANK YOU VER 

2999
01:53:25,265 --> 01:53:28,368
MUCHER  VERY MUCH THE CITY  

3000
01:53:28,368 --> 01:53:29,969
COUNCIL SILL TODAY AND CENTRAL  

3001
01:53:29,969 --> 01:53:32,372
STAFF, AS WELL AS THE OH STAFF  

3002
01:53:32,372 --> 01:53:33,573
AS WE'VE ROTATED CHAIRS MULTIPL 

3003
01:53:33,573 --> 01:53:34,641
TIMES IN MY OFFICE. 

3004
01:53:34,641 --> 01:53:39,412
>> THANK YOU VERY MUCH FOR THE  

3005
01:53:39,412 --> 01:53:40,580
PRESENTATION, AND FOR DOING THE 

3006
01:53:40,580 --> 01:53:42,048
MUSICAL CHAIRS. THAT WORKED  

3007
01:53:42,048 --> 01:53:43,516
WELL, ACTUALLY. GOOD TO HEAR AN 

3008
01:53:43,516 --> 01:53:45,618
SEE YOU BOTH. OKAY, COLLEAGUES, 

3009
01:53:45,618 --> 01:53:47,253
I'M NOT SEEING ANY ADDITIONAL  

3010
01:53:47,253 --> 01:53:48,655
QUESTIONS RIGHT NOW. LOOKING  

3011
01:53:48,655 --> 01:53:50,190
AROUND, AND ONLINE. THANK YOU  

3012
01:53:50,190 --> 01:53:52,292
FOR YOUR ACTIVE PARTICIPATION A 

3013
01:53:52,292 --> 01:53:54,794
WELL. GREAT QUESTIONS, AND I  

3014
01:53:54,794 --> 01:53:58,464
THINK ADDITIONAL FOLLOW-UP HAS  

3015
01:53:58,464 --> 01:54:00,833
BEEN COMMITTED TO, SO THANKS FO 

3016
01:54:00,833 --> 01:54:03,570
THE WORK THAT YOU OFFICE OF  

3017
01:54:03,570 --> 01:54:04,837
HOUSING WILL BE DOING ON  

3018
01:54:04,837 --> 01:54:05,538
QUESTIONS, MAYBE IN  

3019
01:54:05,538 --> 01:54:07,173
PARTICIPATION WITH CENTRAL STAF 

3020
01:54:07,173 --> 01:54:08,241
AS WELL. BEFORE WE CONCLUDE  

3021
01:54:08,241 --> 01:54:09,409
TODAY, A WHOPPING FIVE MINUTES  

3022
01:54:09,409 --> 01:54:12,245
EARLY, I WANTED TO ENCOURAGE  

3023
01:54:12,245 --> 01:54:15,215
PEOPLE TO SIGN UP FOR PUBLIC  

3024
01:54:15,215 --> 01:54:16,983
COMMENT TODAY, PUBLIC COMMENT  

3025
01:54:16,983 --> 01:54:18,318
WILL START AT 4:30 THIS  

3026
01:54:18,318 --> 01:54:19,052
AFTERNOON. IF YOU'D LIKE TO  

3027
01:54:19,052 --> 01:54:22,188
PROVIDE ONLINE PUBLIC COMMENT,  

3028
01:54:22,188 --> 01:54:24,924
THE LINK WILL GO LIVE TWO HOURS 

3029
01:54:24,924 --> 01:54:27,560
PRIOR, SO THAT WOULD BE 2:30  

3030
01:54:27,560 --> 01:54:29,128
THIS AFTERNOON, PLEASE DO SIGN  

3031
01:54:29,128 --> 01:54:30,597
UP REMOTELY TO PROVIDE PUBLIC  

3032
01:54:30,597 --> 01:54:31,531
TESTIMONY. WE WILL ALSO ACCEPT  

3033
01:54:31,531 --> 01:54:32,665
YOUR PUBLIC TESTIMONY IN PERSON 

3034
01:54:32,665 --> 01:54:34,200
AND WE'LL BE BACK IN THESE  

3035
01:54:34,200 --> 01:54:36,369
CHAIRS THIS EVENING TO HEAR FRO 

3036
01:54:36,369 --> 01:54:39,405
ANYONE WHO WOULD LIKE TO PROVID 

3037
01:54:39,405 --> 01:54:40,573
PUBLIC COMMENTS ON THE SEATTLE 

3038
01:54:40,573 --> 01:54:41,307
HOUSING LEVY RENEWAL PACKAGE  

3039
01:54:41,307 --> 01:54:42,909
THAT WE HAVE BEEN DISCUSSING  

3040
01:54:42,909 --> 01:54:44,644
OVER THE COURSE OF THIS MONTH. 

3041
01:54:44,644 --> 01:54:48,147
AND WE WILL TAKE THAT PUBLIC  

3042
01:54:48,147 --> 01:54:49,916
COMMENT INTO CONSIDERATION AS W 

3043
01:54:49,916 --> 01:54:51,217
THINK ABOUT ITS FINAL PASSAGE  

3044
01:54:51,217 --> 01:54:52,485
FROM SEATTLE CITY COUNCIL BEFOR 

3045
01:54:52,485 --> 01:54:54,420
THE END OF JUNE, TO BE  

3046
01:54:54,420 --> 01:54:55,788
TRANSMITTED TO THE MAYOR'S  

3047
01:54:55,788 --> 01:54:59,459
OFFICE, TO THEN BE TRANSMITTED  

3048
01:54:59,459 --> 01:55:06,833
TO YOUR BALLOTS BY THIS  

3049
01:55:06,833 --> 01:55:08,601
NOVEMBER. AGAIN, OUR NEXT  

3050
01:55:08,601 --> 01:55:10,270
MEETING OF THE SELECT HOUSING  

3051
01:55:10,270 --> 01:55:17,844
COMMITTEE WILL BE TODAY AT 4:00 

3052
01:55:17,844 --> 01:55:20,880
P.M. THE NEXT SELECT COMMITTEE  

3053
01:55:20,880 --> 01:55:22,682
ON THE HOUSE LEVY WILL BE MAY  

3054
01:55:22,682 --> 01:55:24,083
3rd AT 9:30 A.M. WE WILL HAVE A 

3055
01:55:24,083 --> 01:55:25,818
SUMMARY OVER THE HOUSE OF  

3056
01:55:25,818 --> 01:55:26,886
HOUSING OVER THE LAST TWO 

3057
01:55:26,886 --> 01:55:28,254
MEETINGS. I BELIEVE AT THAT  

3058
01:55:28,254 --> 01:55:29,522
POINT, CENTRAL STAFF WILL REALL 

3059
01:55:29,522 --> 01:55:34,193
TAKE OVER WITH THE ANALYSIS AND 

3060
01:55:34,193 --> 01:55:35,361
COMMENTS AND TSF FOR ANY  

3061
01:55:35,361 --> 01:55:36,429
MODIFICATIONS THAT CENTRAL STAF 

3062
01:55:36,429 --> 01:55:37,797
SEES, AND BUILDING ON THE  

3063
01:55:37,797 --> 01:55:38,898
COMMENTS THAT YOU COLLEAGUES  

3064
01:55:38,898 --> 01:55:40,199
HAVE SHARED SO FAR, THAT WILL  

3065
01:55:40,199 --> 01:55:43,202
GET US INTO AT AT LEAST TWO TO  

3066
01:55:43,202 --> 01:55:45,772
THREE MEETINGS ON POTENTIAL  

3067
01:55:45,772 --> 01:55:49,876
MODIFICATIONS BEFORE WE CAN  

3068
01:55:49,876 --> 01:55:51,577
CONSIDER FINAL PASSAGE IN MID 

3069
01:55:51,577 --> 01:55:52,211
JUNE. EASY, PEASY. THANKS  

3070
01:55:52,211 --> 01:55:53,112
COLLEAGUES. THIS MEETING IS  

3071
01:55:53,112 --> 01:55:58,785
ADJOURNED. WE'LL SEE YOU AT 4:3 

3072
01:55:58,785 --> 01:56:01,287
FOR PUBLIC COMMENT AND PUBLIC 

3073
01:56:01,287 --> 01:56:01,888
HEARING. TAKE CARE, EVERYONE. 

3074
01:56:01,888 --> 01:56:07,060
>> THANK YOU.