[13:39] [music]

[13:39] [music] [music]

[14:21] [music] [music] [music]

[14:25] [music] [music] [music]

[14:28] [music] [music] [music]

[15:13] [music] [music] >> good afternoon.

[16:04] [music] >> good afternoon. I‘m.

[16:05] >> good afternoon. I‘m. [applause]

[16:05] I‘m. [applause] Margaret gomez and I am

[16:10] [applause] Margaret gomez and I am Commissioner.

[16:10] margaret gomez and I am Commissioner. Precinct four.

[16:11] commissioner. Precinct four. We are ready to start this work

[16:21] precinct four. We are ready to start this work Session.

[16:21] we are ready to start this work Session. I‘m calling to order the travis

[16:25] session. I‘m calling to order the travis County commissioners court work

[16:27] I‘m calling to order the travis County commissioners court work Session.

[16:27] county commissioners court work Session. Today is may 14th, 2026, and the

[16:31] session. Today is may 14th, 2026, and the Time is 1:32 p.m.

[16:35] today is may 14th, 2026, and the Time is 1:32 p.m. We have commissioners travillion

[16:39] time is 1:32 p.m. We have commissioners travillion Commissioner shea, commissioner

[16:41] we have commissioners travillion Commissioner shea, commissioner Howard.

[16:41] commissioner shea, commissioner Howard. And with me on the dais.

[16:44] howard. And with me on the dais. And I believe county judge brown

[16:48] and with me on the dais. And I believe county judge brown Is is on county business and he

[16:50] and I believe county judge brown Is is on county business and he May join us after a while.

[16:52] is is on county business and he May join us after a while. We‘ll work with start today with

[16:55] may join us after a while. We‘ll work with start today with Work session item number one,

[16:58] we‘ll work with start today with Work session item number one, Receive a quarterly briefing and

[17:00] work session item number one, Receive a quarterly briefing and Updates from central health,

[17:01] receive a quarterly briefing and Updates from central health, Including board of managers.

[17:03] updates from central health, Including board of managers. Update year of access, update

[17:07] including board of managers. Update year of access, update Budget actuals to date, a 2025

[17:10] update year of access, update Budget actuals to date, a 2025 Annual report and systems

[17:13] budget actuals to date, a 2025 Annual report and systems Partnerships.

[17:15] annual report and systems Partnerships. And then I think this includes

[17:21] partnerships. And then I think this includes The community unity care health

[17:23] and then I think this includes The community unity care health Centers and sendero health plans

[17:25] the community unity care health Centers and sendero health plans As well.

[17:26] centers and sendero health plans As well. >> this.

[17:32] as well. >> this. Is.

[17:35] >> this. Is. Good afternoon.

[17:49] is. Good afternoon. Good afternoon.

[17:50] good afternoon. Good afternoon. Commissioners.

[17:53] good afternoon. Commissioners. My name is perla cavazos, the

[17:55] commissioners. My name is perla cavazos, the Chief governance and government

[17:56] my name is perla cavazos, the Chief governance and government Affairs officer at central

[17:58] chief governance and government Affairs officer at central Health.

[17:58] affairs officer at central Health. And it‘s our pleasure to be

[18:00] health. And it‘s our pleasure to be Here.

[18:01] and it‘s our pleasure to be Here. Central health to give our

[18:03] here. Central health to give our Quarterly update.

[18:04] central health to give our Quarterly update. I want to introduce our speakers

[18:06] quarterly update. I want to introduce our speakers Today.

[18:06] I want to introduce our speakers Today. We have several, including some

[18:09] today. We have several, including some New faces.

[18:09] we have several, including some New faces. And then I‘ll walk through the

[18:12] new faces. And then I‘ll walk through the Agenda and hand it over to our

[18:13] and then I‘ll walk through the Agenda and hand it over to our Chair.

[18:16] agenda and hand it over to our Chair. We have doctor pat lee,

[18:18] chair. We have doctor pat lee, President and ceo of central

[18:20] we have doctor pat lee, President and ceo of central Health.

[18:20] president and ceo of central Health. We also have sharon alvis, our

[18:23] health. We also have sharon alvis, our Ceo of sendero health plans, and

[18:26] we also have sharon alvis, our Ceo of sendero health plans, and Tara trower, our deputy ceo and

[18:28] ceo of sendero health plans, and Tara trower, our deputy ceo and Chief strategy officer of

[18:29] tara trower, our deputy ceo and Chief strategy officer of Community care health centers.

[18:31] chief strategy officer of Community care health centers. We have our board chair,

[18:34] community care health centers. We have our board chair, Geronimo rodriguez, and we also

[18:36] we have our board chair, Geronimo rodriguez, and we also Have our vice chair, alisa mae,

[18:38] geronimo rodriguez, and we also Have our vice chair, alisa mae, With us today.

[18:39] have our vice chair, alisa mae, With us today. In addition, we have jeff

[18:41] with us today. In addition, we have jeff Kernodle, our chief financial

[18:43] in addition, we have jeff Kernodle, our chief financial Officer, and we have jp ike

[18:47] kernodle, our chief financial Officer, and we have jp ike Miller, our vice president of

[18:48] officer, and we have jp ike Miller, our vice president of Strategy.

[18:49] miller, our vice president of Strategy. And justine price, demographics

[18:51] strategy. And justine price, demographics And statistics reporting

[18:53] and justine price, demographics And statistics reporting Analyst.

[18:53] and statistics reporting Analyst. In addition, we have alicia

[18:55] analyst. In addition, we have alicia Ramirez, our government affairs

[18:56] in addition, we have alicia Ramirez, our government affairs Manager.

[18:57] ramirez, our government affairs Manager. So let me just run through the

[19:01] manager. So let me just run through the Agenda of what we‘ll be speaking

[19:03] so let me just run through the Agenda of what we‘ll be speaking To today over the next maybe 30

[19:07] agenda of what we‘ll be speaking To today over the next maybe 30 Minutes, 30, 40 minutes.

[19:08] to today over the next maybe 30 Minutes, 30, 40 minutes. We want to save some time for

[19:12] minutes, 30, 40 minutes. We want to save some time for Some question and answers as

[19:13] we want to save some time for Some question and answers as Well.

[19:14] some question and answers as Well. So our chair will be providing

[19:17] well. So our chair will be providing An update on from the board of

[19:19] so our chair will be providing An update on from the board of Managers.

[19:19] an update on from the board of Managers. Our ceo will provide an update

[19:21] managers. Our ceo will provide an update On the our year of access and

[19:24] our ceo will provide an update On the our year of access and Our, our strategy members will

[19:27] on the our year of access and Our, our strategy members will Be providing an update on the

[19:28] our, our strategy members will Be providing an update on the Annual report for 2025, which is

[19:31] be providing an update on the Annual report for 2025, which is A statutory requirement.

[19:33] annual report for 2025, which is A statutory requirement. In addition, we‘ll be presenting

[19:36] a statutory requirement. In addition, we‘ll be presenting Our march 2026 financial

[19:38] in addition, we‘ll be presenting Our march 2026 financial Statements and budget actuals to

[19:39] our march 2026 financial Statements and budget actuals to Date.

[19:39] statements and budget actuals to Date. Our ceo will provide a budget

[19:43] date. Our ceo will provide a budget Development update, and then we

[19:45] our ceo will provide a budget Development update, and then we Will speak to some system

[19:47] development update, and then we Will speak to some system Transformation and partnership

[19:49] will speak to some system Transformation and partnership Updates from the three entities.

[19:51] transformation and partnership Updates from the three entities. With that, I‘m going to hand it

[19:52] updates from the three entities. With that, I‘m going to hand it Over to our board chair,

[19:55] with that, I‘m going to hand it Over to our board chair, Jeronimo rodriguez.

[19:56] over to our board chair, Jeronimo rodriguez. >> thank you.

[19:56] jeronimo rodriguez. >> thank you. Thank you.

[19:57] >> thank you. Thank you. First, I‘d like to recognize

[19:59] thank you. First, I‘d like to recognize Alyssa may, who is sitting to my

[20:00] first, I‘d like to recognize Alyssa may, who is sitting to my Right here as the vice chair of

[20:02] alyssa may, who is sitting to my Right here as the vice chair of The central health board of

[20:03] right here as the vice chair of The central health board of Managers, who‘s here with us

[20:05] the central health board of Managers, who‘s here with us Today.

[20:07] managers, who‘s here with us Today. And managers, it was really I‘m

[20:09] today. And managers, it was really I‘m Sorry, commissioners.

[20:10] and managers, it was really I‘m Sorry, commissioners. I‘m used to managers.

[20:13] sorry, commissioners. I‘m used to managers. Commissioner, it was really good

[20:14] I‘m used to managers. Commissioner, it was really good To see you all at the state of

[20:16] commissioner, it was really good To see you all at the state of County address.

[20:17] to see you all at the state of County address. And then commissioner howard

[20:20] county address. And then commissioner howard Jeff travillion.

[20:20] and then commissioner howard Jeff travillion. It was good.

[20:21] jeff travillion. It was good. It was good to see you all.

[20:22] it was good. It was good to see you all. And thank you for co-hosting the

[20:24] it was good to see you all. And thank you for co-hosting the Community conversations with us

[20:25] and thank you for co-hosting the Community conversations with us In your precincts.

[20:26] community conversations with us In your precincts. And then thank you, commissioner

[20:28] in your precincts. And then thank you, commissioner Schaffer, speaking at our

[20:29] and then thank you, commissioner Schaffer, speaking at our Hancock phase one event.

[20:31] schaffer, speaking at our Hancock phase one event. That was a lot of fun and

[20:33] hancock phase one event. That was a lot of fun and Commissioner gomez.

[20:34] that was a lot of fun and Commissioner gomez. We look forward to co-hosting

[20:35] commissioner gomez. We look forward to co-hosting The community conversation

[20:37] we look forward to co-hosting The community conversation Tonight at the montopolis

[20:39] the community conversation Tonight at the montopolis Recreation and on community.

[20:43] tonight at the montopolis Recreation and on community. I‘m sorry, the montopolis

[20:47] recreation and on community. I‘m sorry, the montopolis Recreation and community center

[20:49] I‘m sorry, the montopolis Recreation and community center This quarter, the board of

[20:52] recreation and community center This quarter, the board of Managers has continued their

[20:54] this quarter, the board of Managers has continued their Work on board governance.

[20:56] managers has continued their Work on board governance. We have a brief update regarding

[20:59] work on board governance. We have a brief update regarding Our role of insite oversight and

[21:02] we have a brief update regarding Our role of insite oversight and Foresight.

[21:02] our role of insite oversight and Foresight. We continue to work on our

[21:05] foresight. We continue to work on our Governance regarding.

[21:06] we continue to work on our Governance regarding. Well, we just completed our

[21:09] governance regarding. Well, we just completed our Second retreat, working to

[21:10] well, we just completed our Second retreat, working to Further unify the board and

[21:13] second retreat, working to Further unify the board and Build trust throughout the

[21:14] further unify the board and Build trust throughout the Health health care system.

[21:15] build trust throughout the Health health care system. As part of our strategic

[21:18] health health care system. As part of our strategic Planning process.

[21:18] as part of our strategic Planning process. During our retreat, we work to

[21:22] planning process. During our retreat, we work to Start the work of updating our

[21:24] during our retreat, we work to Start the work of updating our Mission, vision, and values and

[21:25] start the work of updating our Mission, vision, and values and Some of the things that came up.

[21:26] mission, vision, and values and Some of the things that came up. There were themes that you‘re

[21:29] some of the things that came up. There were themes that you‘re Very familiar with, recognizing

[21:30] there were themes that you‘re Very familiar with, recognizing The dignity and respect of every

[21:33] very familiar with, recognizing The dignity and respect of every Single person accountability,

[21:35] the dignity and respect of every Single person accountability, Transparency, and

[21:36] single person accountability, Transparency, and Responsibility.

[21:36] transparency, and Responsibility. The other part of our retreat

[21:38] responsibility. The other part of our retreat That I wanted to share is we we

[21:41] the other part of our retreat That I wanted to share is we we Have been using what‘s called

[21:43] that I wanted to share is we we Have been using what‘s called The choice to trust model, and

[21:45] have been using what‘s called The choice to trust model, and It has four parts, which are

[21:47] the choice to trust model, and It has four parts, which are Important, I think, for us as we

[21:48] it has four parts, which are Important, I think, for us as we Continue to, to build unity and,

[21:51] important, I think, for us as we Continue to, to build unity and, And, and our governance, one is

[21:53] continue to, to build unity and, And, and our governance, one is Around competence.

[21:54] and, and our governance, one is Around competence. I know I can do this.

[21:57] around competence. I know I can do this. I don‘t know if I can do that.

[22:00] I know I can do this. I don‘t know if I can do that. The willingness to say that we

[22:02] I don‘t know if I can do that. The willingness to say that we Don‘t know what we‘re doing or

[22:03] the willingness to say that we Don‘t know what we‘re doing or What we‘re about to do, and the

[22:06] don‘t know what we‘re doing or What we‘re about to do, and the Competency trust that goes along

[22:08] what we‘re about to do, and the Competency trust that goes along With that, with all the deep

[22:10] competency trust that goes along With that, with all the deep Subject matter expertise that we

[22:11] with that, with all the deep Subject matter expertise that we Have at central health caring

[22:13] subject matter expertise that we Have at central health caring That we‘re all in this together,

[22:14] have at central health caring That we‘re all in this together, Making sure that people

[22:16] that we‘re all in this together, Making sure that people Understand that we care about

[22:17] making sure that people Understand that we care about Them, and we‘re doing the work

[22:19] understand that we care about Them, and we‘re doing the work Together.

[22:20] them, and we‘re doing the work Together. The third one, there‘s four of

[22:21] together. The third one, there‘s four of Them.

[22:21] the third one, there‘s four of Them. Sincerity is one around.

[22:23] them. Sincerity is one around. I mean, what I say, say what I

[22:25] sincerity is one around. I mean, what I say, say what I Mean and act accordingly, making

[22:27] I mean, what I say, say what I Mean and act accordingly, making Sure that we are building that

[22:28] mean and act accordingly, making Sure that we are building that That trust around sincerity.

[22:30] sure that we are building that That trust around sincerity. And the fourth one is around

[22:32] that trust around sincerity. And the fourth one is around Reliability, that you can count

[22:33] and the fourth one is around Reliability, that you can count On me to deliver what I promise.

[22:35] reliability, that you can count On me to deliver what I promise. And again, this was based on

[22:37] on me to deliver what I promise. And again, this was based on Trust model and kind of taking

[22:39] and again, this was based on Trust model and kind of taking Accountability recognition for,

[22:40] trust model and kind of taking Accountability recognition for, For each of our own behaviors.

[22:44] accountability recognition for, For each of our own behaviors. I also wanted to share that we

[22:48] for each of our own behaviors. I also wanted to share that we Continue to work.

[22:49] I also wanted to share that we Continue to work. Last quarter, I updated us on an

[22:51] continue to work. Last quarter, I updated us on an Update of our work in the

[22:52] last quarter, I updated us on an Update of our work in the Following areas, and I‘m happy

[22:53] update of our work in the Following areas, and I‘m happy To share that our work continues

[22:55] following areas, and I‘m happy To share that our work continues Around a plan to update the

[22:57] to share that our work continues Around a plan to update the Strategic plan, the community

[22:58] around a plan to update the Strategic plan, the community Health needs assessment by the

[22:59] strategic plan, the community Health needs assessment by the End of the year.

[22:59] health needs assessment by the End of the year. A plan to complete our

[23:01] end of the year. A plan to complete our Comprehensive facilities plan

[23:03] a plan to complete our Comprehensive facilities plan Monitoring implementation of the

[23:04] comprehensive facilities plan Monitoring implementation of the System transformation

[23:06] monitoring implementation of the System transformation Resolution, and obviously, the

[23:07] system transformation Resolution, and obviously, the Fy 27 budget development that

[23:09] resolution, and obviously, the Fy 27 budget development that Will culminate with a

[23:11] fy 27 budget development that Will culminate with a Presentation and a vote from you

[23:13] will culminate with a Presentation and a vote from you All.

[23:13] presentation and a vote from you All. I‘m going to turn it over now to

[23:16] all. I‘m going to turn it over now to Doctor lee.

[23:16] I‘m going to turn it over now to Doctor lee. And thank you again for the

[23:18] doctor lee. And thank you again for the Opportunity to provide this

[23:19] and thank you again for the Opportunity to provide this Update.

[23:19] opportunity to provide this Update. >> thank you, chair.

[23:21] update. >> thank you, chair. Good afternoon, commissioners

[23:23] >> thank you, chair. Good afternoon, commissioners Gomez, howard, seh and

[23:25] good afternoon, commissioners Gomez, howard, seh and Travillion.

[23:25] gomez, howard, seh and Travillion. It‘s really an honor to be with

[23:26] travillion. It‘s really an honor to be with All of you.

[23:27] it‘s really an honor to be with All of you. And I too, want to begin with a

[23:28] all of you. And I too, want to begin with a Huge thank you for all of your

[23:30] and I too, want to begin with a Huge thank you for all of your Leadership, continued engagement

[23:32] huge thank you for all of your Leadership, continued engagement With central health over these

[23:34] leadership, continued engagement With central health over these Past several months since we‘ve

[23:35] with central health over these Past several months since we‘ve Been together at our community

[23:37] past several months since we‘ve Been together at our community Conversations and multiple other

[23:38] been together at our community Conversations and multiple other Events.

[23:38] conversations and multiple other Events. Commissioner howard and

[23:41] events. Commissioner howard and Travillion, you‘ve both been

[23:42] commissioner howard and Travillion, you‘ve both been Wonderful hosts at our community

[23:44] travillion, you‘ve both been Wonderful hosts at our community Conversations.

[23:44] wonderful hosts at our community Conversations. We really appreciate that.

[23:46] conversations. We really appreciate that. And commissioner gomez, we are

[23:47] we really appreciate that. And commissioner gomez, we are Honored to be with you this

[23:48] and commissioner gomez, we are Honored to be with you this Evening.

[23:48] honored to be with you this Evening. Thank you for hosting us.

[23:49] evening. Thank you for hosting us. I also want to thank judge brown

[23:54] thank you for hosting us. I also want to thank judge brown And commissioner howard staff

[23:55] I also want to thank judge brown And commissioner howard staff For joining us together with

[23:58] and commissioner howard staff For joining us together with Central health and integral

[23:59] for joining us together with Central health and integral Care, on our recent visit to

[24:00] central health and integral Care, on our recent visit to Salt lake city last month to

[24:02] care, on our recent visit to Salt lake city last month to Tour the huntsman mental health

[24:04] salt lake city last month to Tour the huntsman mental health Crisis center and meet with salt

[24:06] tour the huntsman mental health Crisis center and meet with salt Lake county mayor jenny wilson.

[24:08] crisis center and meet with salt Lake county mayor jenny wilson. That visit was very helpful as

[24:09] lake county mayor jenny wilson. That visit was very helpful as We consider next steps to

[24:11] that visit was very helpful as We consider next steps to Advance mental health diversion

[24:12] we consider next steps to Advance mental health diversion Care here in travis county and

[24:15] advance mental health diversion Care here in travis county and Commissioner shea.

[24:15] care here in travis county and Commissioner shea. I want to also thank you.

[24:16] commissioner shea. I want to also thank you. I know we‘ll be together on june

[24:17] I want to also thank you. I know we‘ll be together on june 11th in precinct two.

[24:19] I know we‘ll be together on june 11th in precinct two. I‘m looking forward to that.

[24:20] 11th in precinct two. I‘m looking forward to that. Also want to thank you,

[24:22] I‘m looking forward to that. Also want to thank you, Commissioner, for being with us.

[24:24] also want to thank you, Commissioner, for being with us. Last month as we opened our our

[24:28] commissioner, for being with us. Last month as we opened our our New phase one of our brand new

[24:30] last month as we opened our our New phase one of our brand new Hancock headquarters site and

[24:32] new phase one of our brand new Hancock headquarters site and Saw our first patients at david

[24:34] hancock headquarters site and Saw our first patients at david Powell health center, hancock in

[24:36] saw our first patients at david Powell health center, hancock in A in a space that is beautiful

[24:37] powell health center, hancock in A in a space that is beautiful And dignified and I think

[24:39] a in a space that is beautiful And dignified and I think Reflects the quality of care

[24:41] and dignified and I think Reflects the quality of care That has always been received in

[24:42] reflects the quality of care That has always been received in That in that practice.

[24:44] that has always been received in That in that practice. But now the the space reflects

[24:46] that in that practice. But now the the space reflects That as well.

[24:46] but now the the space reflects That as well. Points to potential health is

[24:48] that as well. Points to potential health is Going.

[24:49] points to potential health is Going. I know doctor yagoda, actually

[24:51] going. I know doctor yagoda, actually My colleague tara trower will

[24:54] I know doctor yagoda, actually My colleague tara trower will Share more details later.

[24:55] my colleague tara trower will Share more details later. But this is a major milestone

[24:56] share more details later. But this is a major milestone For us for the patients we serve

[24:58] but this is a major milestone For us for the patients we serve And for the future of our care

[25:00] for us for the patients we serve And for the future of our care In travis county.

[25:01] and for the future of our care In travis county. Looking ahead, we‘re excited to

[25:03] in travis county. Looking ahead, we‘re excited to Celebrate another major

[25:04] looking ahead, we‘re excited to Celebrate another major Milestone this saturday.

[25:06] celebrate another major Milestone this saturday. Together with you, commissioner

[25:07] milestone this saturday. Together with you, commissioner Travillion.

[25:08] together with you, commissioner Travillion. As we celebrate the

[25:09] travillion. As we celebrate the Groundbreaking of our new colony

[25:11] as we celebrate the Groundbreaking of our new colony Park health and wellness center,

[25:12] groundbreaking of our new colony Park health and wellness center, Which will expand after quite

[25:14] park health and wellness center, Which will expand after quite Some time, keeping a promise to

[25:17] which will expand after quite Some time, keeping a promise to Expand access to care and

[25:19] some time, keeping a promise to Expand access to care and Community resources in northeast

[25:20] expand access to care and Community resources in northeast Travis county.

[25:21] community resources in northeast Travis county. Really important work, so I just

[25:23] travis county. Really important work, so I just Want to make sure to to start

[25:25] really important work, so I just Want to make sure to to start With gratitude for the many ways

[25:27] want to make sure to to start With gratitude for the many ways Each of you are leading in our

[25:28] with gratitude for the many ways Each of you are leading in our Community and partnering with us

[25:30] each of you are leading in our Community and partnering with us In this important work.

[25:32] community and partnering with us In this important work. We‘re also aware that you‘ve

[25:33] in this important work. We‘re also aware that you‘ve Asked us to share data on key

[25:36] we‘re also aware that you‘ve Asked us to share data on key Metrics that demonstrate central

[25:37] asked us to share data on key Metrics that demonstrate central Health‘s growth.

[25:38] metrics that demonstrate central Health‘s growth. You‘ve referred to a delta

[25:40] health‘s growth. You‘ve referred to a delta Report several times.

[25:41] you‘ve referred to a delta Report several times. Commissioner travillion.

[25:43] report several times. Commissioner travillion. We want to know that you were

[25:44] commissioner travillion. We want to know that you were Listening carefully, and we‘re

[25:45] we want to know that you were Listening carefully, and we‘re Going to begin by walking

[25:46] listening carefully, and we‘re Going to begin by walking Through a couple of graphs that

[25:48] going to begin by walking Through a couple of graphs that Help tell that story.

[25:49] through a couple of graphs that Help tell that story. So this is the first graph.

[25:51] help tell that story. So this is the first graph. It‘s a data on coverage

[25:55] so this is the first graph. It‘s a data on coverage Enrollment over multiple years

[25:57] it‘s a data on coverage Enrollment over multiple years From 2018 to present in the last

[26:00] enrollment over multiple years From 2018 to present in the last Year, a medical access program

[26:01] from 2018 to present in the last Year, a medical access program Grew by about 7% from about

[26:05] year, a medical access program Grew by about 7% from about 59,000 enrollees to 63,000

[26:08] grew by about 7% from about 59,000 enrollees to 63,000 Enrollees.

[26:08] 59,000 enrollees to 63,000 Enrollees. Those are 24 to 25 numbers.

[26:10] enrollees. Those are 24 to 25 numbers. But since 2021 to 2025, we‘ve

[26:14] those are 24 to 25 numbers. But since 2021 to 2025, we‘ve Seen a 34% growth from 47,000

[26:18] but since 2021 to 2025, we‘ve Seen a 34% growth from 47,000 Members to 63,000 members.

[26:20] seen a 34% growth from 47,000 Members to 63,000 members. One note this is our map program

[26:22] members to 63,000 members. One note this is our map program Only, not our map basic program,

[26:25] one note this is our map program Only, not our map basic program, Which has another approximately

[26:27] only, not our map basic program, Which has another approximately 40 50,000 patients in it.

[26:29] which has another approximately 40 50,000 patients in it. We‘re still working to

[26:31] 40 50,000 patients in it. We‘re still working to Deduplicate that data, and we‘ll

[26:32] we‘re still working to Deduplicate that data, and we‘ll Report it out to the court.

[26:33] deduplicate that data, and we‘ll Report it out to the court. Once you make sure the data are

[26:35] report it out to the court. Once you make sure the data are Absolutely clean.

[26:36] once you make sure the data are Absolutely clean. Although it‘s not pictured on

[26:38] absolutely clean. Although it‘s not pictured on This graph, we‘ve also seen

[26:40] although it‘s not pictured on This graph, we‘ve also seen Nearly 3% growth in our

[26:43] this graph, we‘ve also seen Nearly 3% growth in our Medicaid, medicare chip and

[26:44] nearly 3% growth in our Medicaid, medicare chip and Commercial insurance patients in

[26:45] medicaid, medicare chip and Commercial insurance patients in Our clinics.

[26:46] commercial insurance patients in Our clinics. That‘s an increase of about 5000

[26:48] our clinics. That‘s an increase of about 5000 Patients.

[26:48] that‘s an increase of about 5000 Patients. And sendero health plans have

[26:50] patients. And sendero health plans have Grown by about 35% over the last

[26:54] and sendero health plans have Grown by about 35% over the last Year.

[26:54] grown by about 35% over the last Year. Next slide please.

[26:56] year. Next slide please. This second graph shows the

[26:59] next slide please. This second graph shows the Number of patients we are

[27:00] this second graph shows the Number of patients we are Serving in travis county.

[27:01] number of patients we are Serving in travis county. Same time frame as the previous

[27:04] serving in travis county. Same time frame as the previous Graph.

[27:04] same time frame as the previous Graph. And as you can see in the last

[27:06] graph. And as you can see in the last Year, we served nearly 184,000

[27:09] and as you can see in the last Year, we served nearly 184,000 Patients, a little more than a

[27:12] year, we served nearly 184,000 Patients, a little more than a 7% increase over 2024.

[27:14] patients, a little more than a 7% increase over 2024. And then comparing to 2021, the

[27:17] 7% increase over 2024. And then comparing to 2021, the Total number of patients

[27:18] and then comparing to 2021, the Total number of patients Increased by 25% from.

[27:24] total number of patients Increased by 25% from. 147,000 to 184,000.

[27:24] increased by 25% from. 147,000 to 184,000. So this this growth in number of

[27:27] 147,000 to 184,000. So this this growth in number of Patients, also part of a broader

[27:29] so this this growth in number of Patients, also part of a broader Trend when you look at primary

[27:30] patients, also part of a broader Trend when you look at primary Care visits across central

[27:32] trend when you look at primary Care visits across central Health network, those have also

[27:33] care visits across central Health network, those have also Grown by 34% since 2021.

[27:36] health network, those have also Grown by 34% since 2021. Now we know that increasing

[27:38] grown by 34% since 2021. Now we know that increasing Access to care is not just about

[27:39] now we know that increasing Access to care is not just about More appointments.

[27:41] access to care is not just about More appointments. It‘s also making care easier to

[27:43] more appointments. It‘s also making care easier to Reach, navigate, and use.

[27:45] it‘s also making care easier to Reach, navigate, and use. Some examples of that include

[27:48] reach, navigate, and use. Some examples of that include Medication delivery that we now

[27:49] some examples of that include Medication delivery that we now Offer within the meds to you.

[27:51] medication delivery that we now Offer within the meds to you. For qualifying patients.

[27:53] offer within the meds to you. For qualifying patients. We also help provide

[27:54] for qualifying patients. We also help provide Transportation to appointments

[27:56] we also help provide Transportation to appointments With partners like capmetro and

[27:58] transportation to appointments With partners like capmetro and Lyft, and we do this for many of

[28:00] with partners like capmetro and Lyft, and we do this for many of Our patients.

[28:01] lyft, and we do this for many of Our patients. We can serve patients in any

[28:03] our patients. We can serve patients in any Language, and we offer evening

[28:05] we can serve patients in any Language, and we offer evening And saturday hours for a number

[28:06] language, and we offer evening And saturday hours for a number Of our services.

[28:08] and saturday hours for a number Of our services. And finally, we have recently

[28:10] of our services. And finally, we have recently Piloted several educational

[28:12] and finally, we have recently Piloted several educational Programs at our rosa zaragoza

[28:14] piloted several educational Programs at our rosa zaragoza Clinic for patients living with

[28:15] programs at our rosa zaragoza Clinic for patients living with Chronic illnesses such as

[28:17] clinic for patients living with Chronic illnesses such as Diabetes, kidney disease, and

[28:18] chronic illnesses such as Diabetes, kidney disease, and Congestive heart failure.

[28:19] diabetes, kidney disease, and Congestive heart failure. I want to highlight these for a

[28:21] congestive heart failure. I want to highlight these for a Moment.

[28:21] I want to highlight these for a Moment. These programs are designed to

[28:22] moment. These programs are designed to Make care easier to navigate by

[28:25] these programs are designed to Make care easier to navigate by Bringing multiple members of the

[28:26] make care easier to navigate by Bringing multiple members of the Care team together in one visit,

[28:29] bringing multiple members of the Care team together in one visit, Patients may see their provider,

[28:31] care team together in one visit, Patients may see their provider, Their nurse, their pharmacist,

[28:33] patients may see their provider, Their nurse, their pharmacist, And their diabetes educator

[28:34] their nurse, their pharmacist, And their diabetes educator During the same appointment.

[28:35] and their diabetes educator During the same appointment. Instead of having to return

[28:37] during the same appointment. Instead of having to return Multiple times, we also launched

[28:39] instead of having to return Multiple times, we also launched A chronic kidney chronic kidney

[28:42] multiple times, we also launched A chronic kidney chronic kidney Disease day program in may for

[28:45] a chronic kidney chronic kidney Disease day program in may for Patients where our launch

[28:46] disease day program in may for Patients where our launch Cohort, all of whom provided

[28:48] patients where our launch Cohort, all of whom provided Great feedback.

[28:48] cohort, all of whom provided Great feedback. One of these patients said this

[28:50] great feedback. One of these patients said this Was the best and easiest to

[28:52] one of these patients said this Was the best and easiest to Understand education he had

[28:54] was the best and easiest to Understand education he had Received on his condition.

[28:55] understand education he had Received on his condition. In more than 40 years of

[28:57] received on his condition. In more than 40 years of Managing his chronic kidney

[28:58] in more than 40 years of Managing his chronic kidney Disease.

[28:58] managing his chronic kidney Disease. Our diabetes group classes are

[29:01] disease. Our diabetes group classes are Also underway, which serve up to

[29:02] our diabetes group classes are Also underway, which serve up to Eight patients per session,

[29:04] also underway, which serve up to Eight patients per session, Focusing on practical skills

[29:06] eight patients per session, Focusing on practical skills Like nutrition, blood sugar

[29:08] focusing on practical skills Like nutrition, blood sugar Management, day to day disease

[29:10] like nutrition, blood sugar Management, day to day disease Management and for our patients

[29:11] management, day to day disease Management and for our patients With chronic kidney disease or

[29:13] management and for our patients With chronic kidney disease or Congestive heart failure.

[29:13] with chronic kidney disease or Congestive heart failure. We‘re also building in one on

[29:15] congestive heart failure. We‘re also building in one on One education with nurse

[29:18] we‘re also building in one on One education with nurse Educators so they can tailor

[29:19] one education with nurse Educators so they can tailor That advice to each patient‘s

[29:21] educators so they can tailor That advice to each patient‘s Condition and needs.

[29:22] that advice to each patient‘s Condition and needs. We know a lot of this work is

[29:24] condition and needs. We know a lot of this work is Still emergent, but it‘s exactly

[29:26] we know a lot of this work is Still emergent, but it‘s exactly The kind of prevention focused

[29:28] still emergent, but it‘s exactly The kind of prevention focused Care that can help our patients

[29:29] the kind of prevention focused Care that can help our patients Feel more confident, improve

[29:31] care that can help our patients Feel more confident, improve Their health, reduce avoidable

[29:33] feel more confident, improve Their health, reduce avoidable Emergency department hospital

[29:35] their health, reduce avoidable Emergency department hospital Use in our community, and

[29:37] emergency department hospital Use in our community, and Represents whole person care for

[29:39] use in our community, and Represents whole person care for Our patients.

[29:40] represents whole person care for Our patients. One size fits one as we bring

[29:43] our patients. One size fits one as we bring Those islands of care together.

[29:44] one size fits one as we bring Those islands of care together. So with that, I want to turn to

[29:47] those islands of care together. So with that, I want to turn to The next slide as I begin.

[29:50] so with that, I want to turn to The next slide as I begin. I‘m sorry.

[29:50] the next slide as I begin. I‘m sorry. As I hand over to j.p. And

[29:53] I‘m sorry. As I hand over to j.p. And Justine to give us a preview.

[29:54] as I hand over to j.p. And Justine to give us a preview. >> please, before you hand it

[29:56] justine to give us a preview. >> please, before you hand it Over, I asked you a question

[29:59] >> please, before you hand it Over, I asked you a question Publicly last time, so I want to

[30:01] over, I asked you a question Publicly last time, so I want to Thank you publicly for

[30:03] publicly last time, so I want to Thank you publicly for Responding.

[30:03] thank you publicly for Responding. Asked you about how we could

[30:07] responding. Asked you about how we could Identify the locations for all

[30:09] asked you about how we could Identify the locations for all Of the clinics, and then the

[30:11] identify the locations for all Of the clinics, and then the Busses and other apparatus that

[30:13] of the clinics, and then the Busses and other apparatus that Could get people to those

[30:15] busses and other apparatus that Could get people to those Locations.

[30:15] could get people to those Locations. Your team sent that to us.

[30:17] locations. Your team sent that to us. It is now up on our facebook

[30:19] your team sent that to us. It is now up on our facebook Site, but we appreciate making

[30:24] it is now up on our facebook Site, but we appreciate making Things easier for the community.

[30:26] site, but we appreciate making Things easier for the community. And I‘d like to talk to you

[30:27] things easier for the community. And I‘d like to talk to you About in the future.

[30:28] and I‘d like to talk to you About in the future. It‘s good to know that we can

[30:30] about in the future. It‘s good to know that we can Get there with public

[30:32] it‘s good to know that we can Get there with public Transportation, but sometimes

[30:35] get there with public Transportation, but sometimes Some of our elderly community

[30:37] transportation, but sometimes Some of our elderly community Might be a little apprehensive

[30:39] some of our elderly community Might be a little apprehensive About it.

[30:39] might be a little apprehensive About it. So I want to talk about how we

[30:41] about it. So I want to talk about how we Talk to the public, about

[30:43] so I want to talk about how we Talk to the public, about Getting there and what resources

[30:45] talk to the public, about Getting there and what resources Like pickup and or, or metro

[30:49] getting there and what resources Like pickup and or, or metro Access might be available to

[30:50] like pickup and or, or metro Access might be available to Them to make it easier for them

[30:52] access might be available to Them to make it easier for them And to begin to educate folks on

[30:54] them to make it easier for them And to begin to educate folks on How to use it.

[30:55] and to begin to educate folks on How to use it. So thank you for the work that

[30:57] how to use it. So thank you for the work that You‘ve put in.

[30:58] so thank you for the work that You‘ve put in. You did what you said you were

[30:59] you‘ve put in. You did what you said you were Going to do, and we appreciate

[31:00] you did what you said you were Going to do, and we appreciate It.

[31:01] going to do, and we appreciate It. >> thank you sir.

[31:01] it. >> thank you sir. Appreciate you.

[31:02] >> thank you sir. Appreciate you. >> and I just have a quick

[31:03] appreciate you. >> and I just have a quick Question, and I really want to

[31:04] >> and I just have a quick Question, and I really want to Emphasize some of these numbers

[31:06] question, and I really want to Emphasize some of these numbers At a time when we‘re we‘re

[31:08] emphasize some of these numbers At a time when we‘re we‘re Hearing more and more news about

[31:10] at a time when we‘re we‘re Hearing more and more news about Federal funding being cut for

[31:12] hearing more and more news about Federal funding being cut for Medicaid and for all kinds of

[31:14] federal funding being cut for Medicaid and for all kinds of Services and programs.

[31:15] medicaid and for all kinds of Services and programs. You are expanding access through

[31:19] services and programs. You are expanding access through Map and increasing the number of

[31:22] you are expanding access through Map and increasing the number of Patients you‘re serving.

[31:23] map and increasing the number of Patients you‘re serving. And I wanted to make sure I got

[31:24] patients you‘re serving. And I wanted to make sure I got The sendero growth number right,

[31:26] and I wanted to make sure I got The sendero growth number right, Because these other numbers have

[31:27] the sendero growth number right, Because these other numbers have Been from 21 through 25.

[31:29] because these other numbers have Been from 21 through 25. Sendero was just since last year

[31:31] been from 21 through 25. Sendero was just since last year Correct.

[31:32] sendero was just since last year Correct. The growth number.

[31:32] correct. The growth number. And what was that?

[31:33] the growth number. And what was that? >> 35% since last year.

[31:36] and what was that? >> 35% since last year. And about 500% since 2021, I

[31:40] >> 35% since last year. And about 500% since 2021, I Believe.

[31:40] and about 500% since 2021, I Believe. >> yes.

[31:41] believe. >> yes. We started commissioner shea.

[31:43] >> yes. We started commissioner shea. We started in 2020 23.

[31:47] we started commissioner shea. We started in 2020 23. We were at 6000, and now we‘re

[31:50] we started in 2020 23. We were at 6000, and now we‘re Over 35,000.

[31:51] we were at 6000, and now we‘re Over 35,000. >> I mean, I just think that‘s

[31:54] over 35,000. >> I mean, I just think that‘s Remarkable and should be

[31:55] >> I mean, I just think that‘s Remarkable and should be Celebrated because that means

[31:56] remarkable and should be Celebrated because that means More people in our community

[31:57] celebrated because that means More people in our community Have access to health care and

[31:59] more people in our community Have access to health care and Health insurance.

[32:00] have access to health care and Health insurance. So congratulations.

[32:02] health insurance. So congratulations. That‘s remarkable.

[32:04] so congratulations. That‘s remarkable. >> thank you commissioner.

[32:07] that‘s remarkable. >> thank you commissioner. All right.

[32:08] >> thank you commissioner. All right. So I‘ll hand it over to j.p. And

[32:09] all right. So I‘ll hand it over to j.p. And Justine to walk us through some

[32:11] so I‘ll hand it over to j.p. And Justine to walk us through some Highlights from our annual

[32:12] justine to walk us through some Highlights from our annual Report.

[32:12] highlights from our annual Report. >> great.

[32:13] report. >> great. Next slide.

[32:13] >> great. Next slide. Please.

[32:16] next slide. Please. Thank you, commissioners, for

[32:18] please. Thank you, commissioners, for Having us here today.

[32:19] thank you, commissioners, for Having us here today. It‘s a real privilege to be able

[32:20] having us here today. It‘s a real privilege to be able To share with you the central

[32:21] it‘s a real privilege to be able To share with you the central Health 2025 annual report.

[32:23] to share with you the central Health 2025 annual report. And I believe we brought hard

[32:25] health 2025 annual report. And I believe we brought hard Copies for you as well.

[32:26] and I believe we brought hard Copies for you as well. The format should immediately

[32:28] copies for you as well. The format should immediately Look familiar in comparison to

[32:30] the format should immediately Look familiar in comparison to Last year‘s.

[32:31] look familiar in comparison to Last year‘s. We used a very similar patient

[32:33] last year‘s. We used a very similar patient Focused visual format with

[32:35] we used a very similar patient Focused visual format with Large, patient centered photo

[32:37] focused visual format with Large, patient centered photo Spreads and the quantifiable

[32:39] large, patient centered photo Spreads and the quantifiable Data.

[32:39] spreads and the quantifiable Data. The numbers that we‘re just

[32:40] data. The numbers that we‘re just Talking about is intertwined

[32:42] the numbers that we‘re just Talking about is intertwined With even more real patient and

[32:44] talking about is intertwined With even more real patient and Provider stories versus last

[32:45] with even more real patient and Provider stories versus last Year.

[32:46] provider stories versus last Year. Each spread in the report

[32:48] year. Each spread in the report Features a different major

[32:49] each spread in the report Features a different major Program element, and the

[32:50] features a different major Program element, and the Overarching theme for the 2025

[32:53] program element, and the Overarching theme for the 2025 Report is system transformation,

[32:55] overarching theme for the 2025 Report is system transformation, Or more specifically, how we

[32:57] report is system transformation, Or more specifically, how we Communitycare sendero health

[32:58] or more specifically, how we Communitycare sendero health Plans and central health are

[33:00] communitycare sendero health Plans and central health are Becoming one fully integrated

[33:01] plans and central health are Becoming one fully integrated Health system.

[33:02] becoming one fully integrated Health system. Now.

[33:02] health system. Now. Integration in health care can

[33:05] now. Integration in health care can Mean a lot of different things.

[33:06] integration in health care can Mean a lot of different things. It‘s a really large blanket

[33:07] mean a lot of different things. It‘s a really large blanket Term.

[33:08] it‘s a really large blanket Term. We can be talking about unifying

[33:10] term. We can be talking about unifying Budgets, coordinating continuity

[33:11] we can be talking about unifying Budgets, coordinating continuity Of care through seamless

[33:13] budgets, coordinating continuity Of care through seamless Operations and the patient

[33:14] of care through seamless Operations and the patient Journey.

[33:14] operations and the patient Journey. Patient handoffs.

[33:15] journey. Patient handoffs. It can mean sharing data so that

[33:17] patient handoffs. It can mean sharing data so that We can actually get that

[33:20] it can mean sharing data so that We can actually get that Informative picture of a

[33:21] we can actually get that Informative picture of a Patient‘s health.

[33:21] informative picture of a Patient‘s health. That‘s so critical for driving

[33:23] patient‘s health. That‘s so critical for driving Provider decision making.

[33:24] that‘s so critical for driving Provider decision making. And it all starts at the outset.

[33:26] provider decision making. And it all starts at the outset. Collaborative strategic planning

[33:29] and it all starts at the outset. Collaborative strategic planning And solidarity and leadership,

[33:30] collaborative strategic planning And solidarity and leadership, Something I think our system has

[33:32] and solidarity and leadership, Something I think our system has Really exemplified in the last

[33:33] something I think our system has Really exemplified in the last Year as we‘ve learned to work

[33:34] really exemplified in the last Year as we‘ve learned to work More closely together.

[33:35] year as we‘ve learned to work More closely together. For us, specifically in 2025, it

[33:38] more closely together. For us, specifically in 2025, it Looks like these bullets that

[33:39] for us, specifically in 2025, it Looks like these bullets that You see here on the slides, a

[33:41] looks like these bullets that You see here on the slides, a Unified $1.1 billion budget with

[33:43] you see here on the slides, a Unified $1.1 billion budget with Community care and central

[33:44] unified $1.1 billion budget with Community care and central Health, seamless transition and

[33:47] community care and central Health, seamless transition and Coverage between central health

[33:48] health, seamless transition and Coverage between central health And sendero health plans.

[33:49] coverage between central health And sendero health plans. So, for instance, when a patient

[33:51] and sendero health plans. So, for instance, when a patient Has a very complex medical

[33:53] so, for instance, when a patient Has a very complex medical Condition and may not have all

[33:54] has a very complex medical Condition and may not have all Of their needs met by map or map

[33:56] condition and may not have all Of their needs met by map or map Basic, we can get them on a

[33:58] of their needs met by map or map Basic, we can get them on a Sendero health plan where they

[33:59] basic, we can get them on a Sendero health plan where they Can get that coverage.

[34:00] sendero health plan where they Can get that coverage. Things like cancer or organ

[34:02] can get that coverage. Things like cancer or organ Transplant.

[34:02] things like cancer or organ Transplant. It looks like a unified

[34:04] transplant. It looks like a unified Electronic health record.

[34:05] it looks like a unified Electronic health record. So our shared epic ecosystem

[34:08] electronic health record. So our shared epic ecosystem Where we can make sense of each

[34:09] so our shared epic ecosystem Where we can make sense of each Other‘s data and use that to

[34:11] where we can make sense of each Other‘s data and use that to Guide the patient journey and

[34:12] other‘s data and use that to Guide the patient journey and Our decision making.

[34:13] guide the patient journey and Our decision making. And it looks like co-location.

[34:15] our decision making. And it looks like co-location. So the shared space at hancock,

[34:16] and it looks like co-location. So the shared space at hancock, Which we were just talking about

[34:18] so the shared space at hancock, Which we were just talking about Having opened, and soon as we

[34:20] which we were just talking about Having opened, and soon as we Move, more supportive and

[34:21] having opened, and soon as we Move, more supportive and Administrative staff over there,

[34:22] move, more supportive and Administrative staff over there, We‘ll be working together even

[34:23] administrative staff over there, We‘ll be working together even More closely in terms of

[34:26] we‘ll be working together even More closely in terms of Co-location.

[34:26] more closely in terms of Co-location. Next slide please.

[34:29] co-location. Next slide please. Central health also continues

[34:31] next slide please. Central health also continues The work of trying to end the

[34:32] central health also continues The work of trying to end the Opioid addiction crisis and

[34:34] the work of trying to end the Opioid addiction crisis and Doing so through trusted

[34:36] opioid addiction crisis and Doing so through trusted Partnerships, sustained

[34:37] doing so through trusted Partnerships, sustained Investment, evidence based best

[34:39] partnerships, sustained Investment, evidence based best Practices and workforce

[34:41] investment, evidence based best Practices and workforce Development.

[34:41] practices and workforce Development. Our integrated care models bring

[34:43] development. Our integrated care models bring Together addiction medicine,

[34:45] our integrated care models bring Together addiction medicine, Primary care, behavioral health,

[34:46] together addiction medicine, Primary care, behavioral health, As well as outreach so that we

[34:47] primary care, behavioral health, As well as outreach so that we Can holistically treat substance

[34:50] as well as outreach so that we Can holistically treat substance Use disorder as a chronic a

[34:51] can holistically treat substance Use disorder as a chronic a Chronic medical condition, and

[34:53] use disorder as a chronic a Chronic medical condition, and Not something stigmatizing, not

[34:55] chronic medical condition, and Not something stigmatizing, not A failure on the on the

[34:56] not something stigmatizing, not A failure on the on the Patient‘s part, the community

[34:58] a failure on the on the Patient‘s part, the community Care, wellness and holistic

[34:59] patient‘s part, the community Care, wellness and holistic Addiction medicine, or wam teams

[35:01] care, wellness and holistic Addiction medicine, or wam teams Really exemplify this approach

[35:03] addiction medicine, or wam teams Really exemplify this approach By pairing clinical expertise

[35:05] really exemplify this approach By pairing clinical expertise With that compassionate care and

[35:07] by pairing clinical expertise With that compassionate care and Continuity.

[35:07] with that compassionate care and Continuity. There are two wam teams

[35:09] continuity. There are two wam teams Currently at capital plaza,

[35:10] there are two wam teams Currently at capital plaza, Which you see here on the slide,

[35:12] currently at capital plaza, Which you see here on the slide, And then another team at

[35:13] which you see here on the slide, And then another team at Southeast health and wellness

[35:14] and then another team at Southeast health and wellness Center, the thrive by sendero is

[35:17] southeast health and wellness Center, the thrive by sendero is Connecting individuals at high

[35:18] center, the thrive by sendero is Connecting individuals at high Risk of overdose with medical,

[35:20] connecting individuals at high Risk of overdose with medical, Behavioral, health and social

[35:22] risk of overdose with medical, Behavioral, health and social Services.

[35:22] behavioral, health and social Services. Central health is also expanding

[35:24] services. Central health is also expanding Access to higher levels of

[35:26] central health is also expanding Access to higher levels of Addiction medicine and substance

[35:28] access to higher levels of Addiction medicine and substance Use disorder.

[35:28] addiction medicine and substance Use disorder. Care for our map and map b

[35:31] use disorder. Care for our map and map b Enrollees through other

[35:32] care for our map and map b Enrollees through other Partnerships such as with

[35:33] enrollees through other Partnerships such as with Recovery unplugged, karma health

[35:35] partnerships such as with Recovery unplugged, karma health And santa maria hostel.

[35:36] recovery unplugged, karma health And santa maria hostel. We‘re also building workforce

[35:39] and santa maria hostel. We‘re also building workforce Capacity through partnerships

[35:41] we‘re also building workforce Capacity through partnerships Like teach oud, which is a

[35:42] capacity through partnerships Like teach oud, which is a Partnership with ut farm and

[35:44] like teach oud, which is a Partnership with ut farm and Austin public health, which

[35:46] partnership with ut farm and Austin public health, which Provides community care sites

[35:48] austin public health, which Provides community care sites With free training, technical

[35:50] provides community care sites With free training, technical Assistance and coaching.

[35:51] with free training, technical Assistance and coaching. And this community collaboration

[35:53] assistance and coaching. And this community collaboration Is really important because it

[35:55] and this community collaboration Is really important because it Allows us to identify gaps in

[35:56] is really important because it Allows us to identify gaps in The care continuum and to really

[35:58] allows us to identify gaps in The care continuum and to really Target our resources where

[36:00] the care continuum and to really Target our resources where They‘re most needed, precisely

[36:02] target our resources where They‘re most needed, precisely When they‘re needed.

[36:02] they‘re most needed, precisely When they‘re needed. And this includes the

[36:04] when they‘re needed. And this includes the Installation of 25 new naloxone

[36:06] and this includes the Installation of 25 new naloxone Distribution machines throughout

[36:08] installation of 25 new naloxone Distribution machines throughout Our communities.

[36:09] distribution machines throughout Our communities. Now, I‘m going to hand it off to

[36:10] our communities. Now, I‘m going to hand it off to Jp to talk a little bit about

[36:12] now, I‘m going to hand it off to Jp to talk a little bit about Some of the data points in the

[36:13] jp to talk a little bit about Some of the data points in the Annual report.

[36:13] some of the data points in the Annual report. Thank you.

[36:14] annual report. Thank you. >> capital plaza, the bridge

[36:16] thank you. >> capital plaza, the bridge Clinic.

[36:17] >> capital plaza, the bridge Clinic. Or is that something different?

[36:18] clinic. Or is that something different? >> there are, I think, four

[36:21] or is that something different? >> there are, I think, four Different services located in

[36:23] >> there are, I think, four Different services located in Capital plaza, including wam and

[36:24] different services located in Capital plaza, including wam and The bridge clinic.

[36:24] capital plaza, including wam and The bridge clinic. >> okay.

[36:25] the bridge clinic. >> okay. Thank you.

[36:27] >> okay. Thank you. >> good afternoon.

[36:29] thank you. >> good afternoon. I want to briefly take a broader

[36:31] >> good afternoon. I want to briefly take a broader System view and recap some of

[36:33] I want to briefly take a broader System view and recap some of Our big picture numbers from

[36:35] system view and recap some of Our big picture numbers from 2025.

[36:35] our big picture numbers from 2025. Generally, we‘ve continued our

[36:38] 2025. Generally, we‘ve continued our Year over year positive growth

[36:40] generally, we‘ve continued our Year over year positive growth Of enrolling uninsured and low

[36:41] year over year positive growth Of enrolling uninsured and low Income residents in health

[36:43] of enrolling uninsured and low Income residents in health Coverage and getting them into

[36:44] income residents in health Coverage and getting them into Care.

[36:44] coverage and getting them into Care. Additionally, we‘ve seen

[36:47] care. Additionally, we‘ve seen Remarkable rebound since the

[36:48] additionally, we‘ve seen Remarkable rebound since the Pandemic, despite significant

[36:50] remarkable rebound since the Pandemic, despite significant Policy headwinds and slowing

[36:52] pandemic, despite significant Policy headwinds and slowing Population growth.

[36:53] policy headwinds and slowing Population growth. Our enrollment in patient

[36:55] population growth. Our enrollment in patient Volumes are higher than they‘ve

[36:56] our enrollment in patient Volumes are higher than they‘ve Ever been.

[36:58] volumes are higher than they‘ve Ever been. In 2025, we saw a 7% increase in

[37:01] ever been. In 2025, we saw a 7% increase in Map enrollment, representing

[37:02] in 2025, we saw a 7% increase in Map enrollment, representing More than 4000 additional

[37:05] map enrollment, representing More than 4000 additional Residents.

[37:05] more than 4000 additional Residents. Our map basic program

[37:07] residents. Our map basic program Experienced 10% year over year

[37:09] our map basic program Experienced 10% year over year Growth, an increase of nearly

[37:11] experienced 10% year over year Growth, an increase of nearly 10,000 new members through

[37:13] growth, an increase of nearly 10,000 new members through Central health community care

[37:15] 10,000 new members through Central health community care And our contracted network.

[37:17] central health community care And our contracted network. That includes more than 260

[37:19] and our contracted network. That includes more than 260 Locations.

[37:20] that includes more than 260 Locations. We provided care to more than

[37:22] locations. We provided care to more than 180 thousand people last year,

[37:24] we provided care to more than 180 thousand people last year, Or one out of every eight travis

[37:26] 180 thousand people last year, Or one out of every eight travis County residents.

[37:27] or one out of every eight travis County residents. While the number of primary care

[37:30] county residents. While the number of primary care Visits, which includes visits at

[37:31] while the number of primary care Visits, which includes visits at Community care and contracted

[37:34] visits, which includes visits at Community care and contracted Providers such as peoples and

[37:36] community care and contracted Providers such as peoples and Lone star circle of care

[37:38] providers such as peoples and Lone star circle of care Slightly decreased from last

[37:40] lone star circle of care Slightly decreased from last Year.

[37:40] slightly decreased from last Year. This is likely due to updates in

[37:42] year. This is likely due to updates in How we track and aggregate those

[37:44] this is likely due to updates in How we track and aggregate those Counts.

[37:44] how we track and aggregate those Counts. Additionally, we started

[37:47] counts. Additionally, we started Tracking some new upstream

[37:48] additionally, we started Tracking some new upstream Upstream indicators this year,

[37:50] tracking some new upstream Upstream indicators this year, Including the number of sendero

[37:52] upstream indicators this year, Including the number of sendero Members and the pounds of

[37:53] including the number of sendero Members and the pounds of Healthy food distributed to

[37:55] members and the pounds of Healthy food distributed to Patients through our mobile

[37:56] healthy food distributed to Patients through our mobile Pharmacy program.

[37:57] patients through our mobile Pharmacy program. >> I just ask for that.

[37:58] pharmacy program. >> I just ask for that. The.

[38:00] >> I just ask for that. The. It‘s surprising if you‘re.

[38:02] the. It‘s surprising if you‘re. If you‘re seeing such an

[38:03] it‘s surprising if you‘re. If you‘re seeing such an Increase in the patients served.

[38:04] if you‘re seeing such an Increase in the patients served. But a decrease in primary care

[38:07] increase in the patients served. But a decrease in primary care Visits.

[38:07] but a decrease in primary care Visits. >> yeah, we believe what we did

[38:10] visits. >> yeah, we believe what we did Is we changed to new electronic

[38:13] >> yeah, we believe what we did Is we changed to new electronic Tracking of those visits that

[38:15] is we changed to new electronic Tracking of those visits that Are actually making them more

[38:16] tracking of those visits that Are actually making them more Accurate than in years past.

[38:18] are actually making them more Accurate than in years past. So we think we‘re actually right

[38:21] accurate than in years past. So we think we‘re actually right Sizing what we were compared to

[38:22] so we think we‘re actually right Sizing what we were compared to Previous years.

[38:23] sizing what we were compared to Previous years. >> so you wouldn‘t expect to see

[38:24] previous years. >> so you wouldn‘t expect to see A decrease in future years

[38:26] >> so you wouldn‘t expect to see A decrease in future years Because you‘ve you‘ve better

[38:28] a decrease in future years Because you‘ve you‘ve better Calibrated how you‘re tracking

[38:29] because you‘ve you‘ve better Calibrated how you‘re tracking It.

[38:29] calibrated how you‘re tracking It. >> that‘s correct.

[38:32] it. >> that‘s correct. >> one other thing that I might

[38:33] >> that‘s correct. >> one other thing that I might Add, the numbers that they are

[38:35] >> one other thing that I might Add, the numbers that they are Presenting reflects all of the

[38:36] add, the numbers that they are Presenting reflects all of the Primary care.

[38:37] presenting reflects all of the Primary care. Although community care is the

[38:38] primary care. Although community care is the Largest provider and we have

[38:40] although community care is the Largest provider and we have Seen an increase that.

[38:43] largest provider and we have Seen an increase that. The numbers may fluctuate in

[38:44] seen an increase that. The numbers may fluctuate in Some of the other providers that

[38:48] the numbers may fluctuate in Some of the other providers that Are part of the map system, but

[38:49] some of the other providers that Are part of the map system, but Not part of the central health

[38:51] are part of the map system, but Not part of the central health System.

[38:53] not part of the central health System. >> now, I‘d like to pass it back

[38:55] system. >> now, I‘d like to pass it back To pat to discuss our budget

[38:57] >> now, I‘d like to pass it back To pat to discuss our budget Development.

[38:57] to pat to discuss our budget Development. >> okay.

[38:58] development. >> okay. Thank you, j.p. Thank you,

[39:01] >> okay. Thank you, j.p. Thank you, Justine.

[39:01] thank you, j.p. Thank you, Justine. So just a brief update,

[39:03] justine. So just a brief update, Commissioners, on where we are

[39:04] so just a brief update, Commissioners, on where we are In our budget development

[39:06] commissioners, on where we are In our budget development Process.

[39:07] in our budget development Process. This is a slide with a lot of

[39:10] process. This is a slide with a lot of Detail on it, but this is the

[39:12] this is a slide with a lot of Detail on it, but this is the Timeline that we use to track

[39:14] detail on it, but this is the Timeline that we use to track Our progress through the run up

[39:16] timeline that we use to track Our progress through the run up To the budget.

[39:17] our progress through the run up To the budget. And we move through a range of

[39:19] to the budget. And we move through a range of Several milestones with each

[39:20] and we move through a range of Several milestones with each Step building on the one before

[39:22] several milestones with each Step building on the one before It.

[39:22] step building on the one before It. So as you see in this calendar,

[39:24] it. So as you see in this calendar, We‘ve outlined each phase of

[39:25] so as you see in this calendar, We‘ve outlined each phase of That development beginning back

[39:27] we‘ve outlined each phase of That development beginning back In march.

[39:28] that development beginning back In march. As we touched on our last

[39:30] in march. As we touched on our last Presentation, we began with our

[39:31] as we touched on our last Presentation, we began with our Board of managers to identify

[39:34] presentation, we began with our Board of managers to identify And, and, and confirm the

[39:37] board of managers to identify And, and, and confirm the Driving forces that could affect

[39:39] and, and, and confirm the Driving forces that could affect Our priorities.

[39:39] driving forces that could affect Our priorities. This is the external

[39:41] our priorities. This is the external Opportunities and threats that

[39:43] this is the external Opportunities and threats that Perhaps we hadn‘t known about

[39:45] opportunities and threats that Perhaps we hadn‘t known about When we confirmed our last

[39:46] perhaps we hadn‘t known about When we confirmed our last Strategic plan.

[39:47] when we confirmed our last Strategic plan. So how do we adjust to the

[39:49] strategic plan. So how do we adjust to the Environment around us, ground us

[39:50] so how do we adjust to the Environment around us, ground us In a shared understanding of the

[39:53] environment around us, ground us In a shared understanding of the External environment.

[39:54] in a shared understanding of the External environment. This past month, we then built

[39:56] external environment. This past month, we then built On that with our board to

[39:58] this past month, we then built On that with our board to Confirm a set of system wide

[40:01] on that with our board to Confirm a set of system wide Objectives and key results, or

[40:04] confirm a set of system wide Objectives and key results, or Okrs.

[40:04] objectives and key results, or Okrs. The central question for okrs is

[40:06] okrs. The central question for okrs is What do we want to improve

[40:09] the central question for okrs is What do we want to improve Beyond our current performance?

[40:10] what do we want to improve Beyond our current performance? So what are we going to focus on

[40:12] beyond our current performance? So what are we going to focus on And make better in fy 27?

[40:14] so what are we going to focus on And make better in fy 27? The board has now approved for

[40:17] and make better in fy 27? The board has now approved for Objectives and nine key results,

[40:19] the board has now approved for Objectives and nine key results, Feeding into those four

[40:20] objectives and nine key results, Feeding into those four Objectives that will define our

[40:21] feeding into those four Objectives that will define our Goals for the coming year.

[40:22] objectives that will define our Goals for the coming year. We are now this month in a

[40:24] goals for the coming year. We are now this month in a Process of developing system

[40:25] we are now this month in a Process of developing system Wide key performance indicators,

[40:27] process of developing system Wide key performance indicators, Or kpis, whose purpose is to

[40:29] wide key performance indicators, Or kpis, whose purpose is to Help us monitor progress as we

[40:31] or kpis, whose purpose is to Help us monitor progress as we Pursue those improvements and

[40:33] help us monitor progress as we Pursue those improvements and Also ensure that we sustain

[40:36] pursue those improvements and Also ensure that we sustain Performance in vital areas of

[40:38] also ensure that we sustain Performance in vital areas of Excellence today.

[40:39] performance in vital areas of Excellence today. So we expect these kpis to be

[40:42] excellence today. So we expect these kpis to be Finalized and approved by the

[40:42] so we expect these kpis to be Finalized and approved by the Board at the end of this month,

[40:44] finalized and approved by the Board at the end of this month, And our next quarterly

[40:46] board at the end of this month, And our next quarterly Presentation will be able to

[40:47] and our next quarterly Presentation will be able to Share a high level overview with

[40:48] presentation will be able to Share a high level overview with The court of all the okrs and

[40:52] share a high level overview with The court of all the okrs and Kpis for next year.

[40:53] the court of all the okrs and Kpis for next year. At the same time, the community

[40:56] kpis for next year. At the same time, the community Conversations, each of your

[40:57] at the same time, the community Conversations, each of your Precincts are incredibly

[40:58] conversations, each of your Precincts are incredibly Important to help inform the

[41:00] precincts are incredibly Important to help inform the Priorities reflected in next

[41:01] important to help inform the Priorities reflected in next Year‘s budget proposal.

[41:03] priorities reflected in next Year‘s budget proposal. There are a number of things

[41:04] year‘s budget proposal. There are a number of things We‘re doing now.

[41:04] there are a number of things We‘re doing now. For example, the focus on food

[41:07] we‘re doing now. For example, the focus on food As medicine and the food

[41:08] for example, the focus on food As medicine and the food Pharmacy that we‘re strong

[41:10] as medicine and the food Pharmacy that we‘re strong Themes emerging out of a number

[41:11] pharmacy that we‘re strong Themes emerging out of a number Of the community conversations

[41:13] themes emerging out of a number Of the community conversations In the previous budget year.

[41:15] of the community conversations In the previous budget year. Together, all of these steps

[41:16] in the previous budget year. Together, all of these steps Inform our financial

[41:18] together, all of these steps Inform our financial Forecasting, and the strategic

[41:19] inform our financial Forecasting, and the strategic Budget priorities will present

[41:20] forecasting, and the strategic Budget priorities will present Later this summer.

[41:21] budget priorities will present Later this summer. And thank you for this

[41:22] later this summer. And thank you for this Opportunity to provide an update

[41:23] and thank you for this Opportunity to provide an update On our process, and we‘ll be

[41:26] opportunity to provide an update On our process, and we‘ll be Happy to take any questions on

[41:27] on our process, and we‘ll be Happy to take any questions on This as well, or at the end.

[41:29] happy to take any questions on This as well, or at the end. And so at this point, I want to

[41:31] this as well, or at the end. And so at this point, I want to Shift over to our financials

[41:33] and so at this point, I want to Shift over to our financials Portion presentation.

[41:34] shift over to our financials Portion presentation. And I‘ll just say, as you heard

[41:36] portion presentation. And I‘ll just say, as you heard Us say last quarter, central

[41:38] and I‘ll just say, as you heard Us say last quarter, central Health remains financially

[41:40] us say last quarter, central Health remains financially Strong.

[41:41] health remains financially Strong. And to get into the details of

[41:42] strong. And to get into the details of Our fiscal year financials for

[41:45] and to get into the details of Our fiscal year financials for This first quarter, I‘ll pass

[41:46] our fiscal year financials for This first quarter, I‘ll pass Things over to jeff, our chief

[41:48] this first quarter, I‘ll pass Things over to jeff, our chief Financial officer.

[41:49] things over to jeff, our chief Financial officer. >> good afternoon,

[41:50] financial officer. >> good afternoon, Commissioners.

[41:51] >> good afternoon, Commissioners. Jeff chief financial officer

[41:54] commissioners. Jeff chief financial officer We‘re presenting financial

[41:56] jeff chief financial officer We‘re presenting financial Statements that are in the

[41:58] we‘re presenting financial Statements that are in the Appendix.

[41:58] statements that are in the Appendix. Balance sheet sources.

[42:01] appendix. Balance sheet sources. As of march 2026.

[42:05] balance sheet sources. As of march 2026. So this is six months into the

[42:07] as of march 2026. So this is six months into the Fiscal year, 50%.

[42:09] so this is six months into the Fiscal year, 50%. >> could we just ask you to swap

[42:10] fiscal year, 50%. >> could we just ask you to swap Microphones?

[42:11] >> could we just ask you to swap Microphones? It‘s a little hard to hear you

[42:12] microphones? It‘s a little hard to hear you On that one.

[42:12] it‘s a little hard to hear you On that one. I think the.

[42:13] on that one. I think the. >> okay.

[42:13] I think the. >> okay. >> yeah.

[42:15] >> okay. >> yeah. Thank you.

[42:15] >> yeah. Thank you. >> thank you.

[42:17] thank you. >> thank you. Is that better?

[42:19] >> thank you. Is that better? >> yeah, yeah.

[42:19] is that better? >> yeah, yeah. >> okay.

[42:20] >> yeah, yeah. >> okay. Okay.

[42:22] >> okay. Okay. So picking up.

[42:23] okay. So picking up. So we‘re in march of 2026,

[42:28] so picking up. So we‘re in march of 2026, Halfway through our fiscal year

[42:32] so we‘re in march of 2026, Halfway through our fiscal year And just walking through a

[42:33] halfway through our fiscal year And just walking through a Couple of highlights.

[42:34] and just walking through a Couple of highlights. I‘m going to go off script a

[42:36] couple of highlights. I‘m going to go off script a Little bit here.

[42:36] I‘m going to go off script a Little bit here. But you know, related to our

[42:39] little bit here. But you know, related to our Property tax collections, we‘re

[42:42] but you know, related to our Property tax collections, we‘re Currently at $371.5 million,

[42:45] property tax collections, we‘re Currently at $371.5 million, Which is on par with last year‘s

[42:48] currently at $371.5 million, Which is on par with last year‘s Collection trends.

[42:50] which is on par with last year‘s Collection trends. On our balance sheet, there are

[42:52] collection trends. On our balance sheet, there are A couple of items our high risk

[42:55] on our balance sheet, there are A couple of items our high risk Claims advanced us, and arrow is

[42:58] a couple of items our high risk Claims advanced us, and arrow is At.

[42:58] claims advanced us, and arrow is At. It‘s stayed flat at $13.2

[43:02] at. It‘s stayed flat at $13.2 Million.

[43:02] it‘s stayed flat at $13.2 Million. There are also was on our

[43:04] million. There are also was on our Balance sheet down at the

[43:06] there are also was on our Balance sheet down at the Bottom, there‘s a reserve called

[43:09] balance sheet down at the Bottom, there‘s a reserve called A public health reserve, which

[43:11] bottom, there‘s a reserve called A public health reserve, which Is a new reserve that our board

[43:13] a public health reserve, which Is a new reserve that our board Of managers has approved in the

[43:15] is a new reserve that our board Of managers has approved in the Amount of $12 million.

[43:17] of managers has approved in the Amount of $12 million. This is a reciprocal amount held

[43:23] amount of $12 million. This is a reciprocal amount held In central health that‘s

[43:24] this is a reciprocal amount held In central health that‘s Designated in central health,

[43:25] in central health that‘s Designated in central health, That‘s also designated at

[43:28] designated in central health, That‘s also designated at Community care and just

[43:29] that‘s also designated at Community care and just Represents available funding.

[43:32] community care and just Represents available funding. In the event that something

[43:34] represents available funding. In the event that something Unforeseen were to happen, that

[43:35] in the event that something Unforeseen were to happen, that We could react quickly and have

[43:37] unforeseen were to happen, that We could react quickly and have At least 30 days of cash on hand

[43:40] we could react quickly and have At least 30 days of cash on hand To start dealing with any

[43:42] at least 30 days of cash on hand To start dealing with any Financial implications of that.

[43:45] to start dealing with any Financial implications of that. Our direct specialty care

[43:48] financial implications of that. Our direct specialty care Services, which is our clinical

[43:50] our direct specialty care Services, which is our clinical Practice, and this is a new line

[43:53] services, which is our clinical Practice, and this is a new line Over the past few years, is at

[43:59] practice, and this is a new line Over the past few years, is at $26.8 million, which is 33% of

[44:00] over the past few years, is at $26.8 million, which is 33% of Our year to date budget,

[44:03] $26.8 million, which is 33% of Our year to date budget, Significant increase from last

[44:05] our year to date budget, Significant increase from last Year of $10.3 million.

[44:08] significant increase from last Year of $10.3 million. There are a few of the specialty

[44:12] year of $10.3 million. There are a few of the specialty Care lines that have just begun,

[44:17] there are a few of the specialty Care lines that have just begun, What I‘ll call ramping up.

[44:19] care lines that have just begun, What I‘ll call ramping up. So in other words, they‘re just

[44:20] what I‘ll call ramping up. So in other words, they‘re just Kind of starting and seeing

[44:23] so in other words, they‘re just Kind of starting and seeing Larger increases of patients.

[44:25] kind of starting and seeing Larger increases of patients. Those include endocrinology,

[44:29] larger increases of patients. Those include endocrinology, Rheumatology, and physical

[44:31] those include endocrinology, Rheumatology, and physical Therapy.

[44:31] rheumatology, and physical Therapy. One of the challenges that we‘ve

[44:34] therapy. One of the challenges that we‘ve Had in our specialty care

[44:36] one of the challenges that we‘ve Had in our specialty care Practice is neurology and just

[44:38] had in our specialty care Practice is neurology and just The ability to hire a

[44:41] practice is neurology and just The ability to hire a Neurologist that that has been a

[44:43] the ability to hire a Neurologist that that has been a Big challenge related to our

[44:47] neurologist that that has been a Big challenge related to our Network.

[44:47] big challenge related to our Network. >> what is that specialty?

[44:48] network. >> what is that specialty? New.

[44:48] >> what is that specialty? New. >> neurology.

[44:50] new. >> neurology. >> neurology.

[44:51] >> neurology. >> neurology. >> all right.

[44:51] >> neurology. >> all right. Oh.

[44:51] >> all right. Oh. >> I‘m sorry, I misunderstood.

[44:52] oh. >> I‘m sorry, I misunderstood. That‘s all right.

[44:53] >> I‘m sorry, I misunderstood. That‘s all right. >> one of the things that‘s an

[44:58] that‘s all right. >> one of the things that‘s an Important element of specialty

[44:59] >> one of the things that‘s an Important element of specialty Care is just provider

[45:02] important element of specialty Care is just provider Recruitment.

[45:03] care is just provider Recruitment. And we have a number of hires

[45:05] recruitment. And we have a number of hires That are in transit.

[45:10] and we have a number of hires That are in transit. Just briefly mentioning what

[45:12] that are in transit. Just briefly mentioning what Those are.

[45:12] just briefly mentioning what Those are. Three gastroenterologists, two

[45:17] those are. Three gastroenterologists, two Psychiatrists, three

[45:20] three gastroenterologists, two Psychiatrists, three Podiatrists.

[45:20] psychiatrists, three Podiatrists. And we in our pulmonology

[45:24] podiatrists. And we in our pulmonology Service line, we‘ve begun sleep

[45:27] and we in our pulmonology Service line, we‘ve begun sleep Studies and having those

[45:29] service line, we‘ve begun sleep Studies and having those Internal we think is is a great

[45:31] studies and having those Internal we think is is a great Service for our patients instead

[45:33] internal we think is is a great Service for our patients instead Of contracting for that primary

[45:37] service for our patients instead Of contracting for that primary Care services are increased to

[45:42] of contracting for that primary Care services are increased to $49.9 million year to date, this

[45:43] care services are increased to $49.9 million year to date, this Is 48% of the budget, up 12.3

[45:47] $49.9 million year to date, this Is 48% of the budget, up 12.3 Million from last year.

[45:49] is 48% of the budget, up 12.3 Million from last year. Behavioral health is at $14.8

[45:54] million from last year. Behavioral health is at $14.8 Million, which is 37% of the

[45:56] behavioral health is at $14.8 Million, which is 37% of the Budget.

[45:58] million, which is 37% of the Budget. Opioid abatement expenses at

[46:02] budget. Opioid abatement expenses at 172,000 this month, 488,000 a

[46:06] opioid abatement expenses at 172,000 this month, 488,000 a Day.

[46:06] 172,000 this month, 488,000 a Day. And then some expenses related

[46:09] day. And then some expenses related To a grant from echo that we‘ve

[46:12] and then some expenses related To a grant from echo that we‘ve Received a couple of other

[46:16] to a grant from echo that we‘ve Received a couple of other Highlights as it relates to our

[46:18] received a couple of other Highlights as it relates to our Practice in third party

[46:20] highlights as it relates to our Practice in third party Contracts.

[46:21] practice in third party Contracts. We have had our medicaid

[46:24] contracts. We have had our medicaid Application pending for quite

[46:26] we have had our medicaid Application pending for quite Some time.

[46:27] application pending for quite Some time. We‘re hopeful that that will be

[46:29] some time. We‘re hopeful that that will be Approved shortly.

[46:31] we‘re hopeful that that will be Approved shortly. We‘ve worked through all the

[46:32] approved shortly. We‘ve worked through all the Issues and are just awaiting

[46:34] we‘ve worked through all the Issues and are just awaiting Approval, and then probably the

[46:36] issues and are just awaiting Approval, and then probably the Most exciting part is we‘ve just

[46:39] approval, and then probably the Most exciting part is we‘ve just Recently executed an agreement

[46:41] most exciting part is we‘ve just Recently executed an agreement With sendero, and we‘re seeing

[46:44] recently executed an agreement With sendero, and we‘re seeing Sendero patients in our network.

[46:45] with sendero, and we‘re seeing Sendero patients in our network. And so that‘s we really it‘s

[46:48] sendero patients in our network. And so that‘s we really it‘s Taken a while.

[46:49] and so that‘s we really it‘s Taken a while. It‘s taken us a while to get

[46:50] taken a while. It‘s taken us a while to get There, but it‘s really exciting

[46:52] it‘s taken us a while to get There, but it‘s really exciting That we‘ll be able to see both

[46:55] there, but it‘s really exciting That we‘ll be able to see both Central health patients and

[46:57] that we‘ll be able to see both Central health patients and Sendero patients in our own

[46:59] central health patients and Sendero patients in our own Clinical practice.

[47:00] sendero patients in our own Clinical practice. >> I didn‘t realize you weren‘t

[47:02] clinical practice. >> I didn‘t realize you weren‘t Able to see sendero patients

[47:04] >> I didn‘t realize you weren‘t Able to see sendero patients Until now.

[47:04] able to see sendero patients Until now. I thought that was integrated

[47:06] until now. I thought that was integrated Into central health.

[47:07] I thought that was integrated Into central health. >> it.

[47:08] into central health. >> it. Oh, go ahead.

[47:08] >> it. Oh, go ahead. >> we we we we had to execute a

[47:12] oh, go ahead. >> we we we we had to execute a Contract like we do with any

[47:13] >> we we we we had to execute a Contract like we do with any Provider group.

[47:14] contract like we do with any Provider group. And we have to put them through

[47:16] provider group. And we have to put them through Credentialing.

[47:16] and we have to put them through Credentialing. And it‘s not something that

[47:19] credentialing. And it‘s not something that Happens overnight.

[47:19] and it‘s not something that Happens overnight. And so we‘ve completed that and

[47:23] happens overnight. And so we‘ve completed that and Done a complete orientation.

[47:24] and so we‘ve completed that and Done a complete orientation. And we are paying claims now to

[47:28] done a complete orientation. And we are paying claims now to Central health providers for the

[47:30] and we are paying claims now to Central health providers for the Program‘s clinical specialty

[47:31] central health providers for the Program‘s clinical specialty Programs.

[47:32] program‘s clinical specialty Programs. They have within central health.

[47:33] programs. They have within central health. We already have a contract with

[47:35] they have within central health. We already have a contract with Qc and have had it for years, so

[47:37] we already have a contract with Qc and have had it for years, so We‘re already paying the qc, but

[47:39] qc and have had it for years, so We‘re already paying the qc, but But the central health specialty

[47:42] we‘re already paying the qc, but But the central health specialty Programs are new enough and

[47:43] but the central health specialty Programs are new enough and That‘s.

[47:43] programs are new enough and That‘s. They say they‘re just now

[47:44] that‘s. They say they‘re just now Applying to medicaid to get

[47:45] they say they‘re just now Applying to medicaid to get Medicaid to be able to see

[47:47] applying to medicaid to get Medicaid to be able to see Medicaid patients through that.

[47:48] medicaid to be able to see Medicaid patients through that. So this is not an easy process

[47:53] medicaid patients through that. So this is not an easy process For central health.

[47:54] so this is not an easy process For central health. So.

[47:56] for central health. So. >> thank you, sharon, and I‘ll

[47:57] so. >> thank you, sharon, and I‘ll Turn it over to tara now for.

[47:59] >> thank you, sharon, and I‘ll Turn it over to tara now for. >> thank you so much.

[48:01] turn it over to tara now for. >> thank you so much. On the previous topic, I‘ll

[48:03] >> thank you so much. On the previous topic, I‘ll Mention one of the other

[48:06] on the previous topic, I‘ll Mention one of the other Initiatives that‘s coming down

[48:07] mention one of the other Initiatives that‘s coming down The pipeline is to get greater

[48:09] initiatives that‘s coming down The pipeline is to get greater Alignment across all the payers

[48:11] the pipeline is to get greater Alignment across all the payers At community care so that we‘re

[48:13] alignment across all the payers At community care so that we‘re Able to move our patients

[48:15] at community care so that we‘re Able to move our patients Through the system, regardless

[48:16] able to move our patients Through the system, regardless Of who their payer is, in both

[48:18] through the system, regardless Of who their payer is, in both The central health and the

[48:20] of who their payer is, in both The central health and the Community care space.

[48:20] the central health and the Community care space. I want to thank you all so much

[48:23] community care space. I want to thank you all so much For having me back today.

[48:24] I want to thank you all so much For having me back today. Unfortunately, doctor yagoda is

[48:27] for having me back today. Unfortunately, doctor yagoda is Traveling, but I‘m always

[48:28] unfortunately, doctor yagoda is Traveling, but I‘m always Thrilled to present to you all.

[48:30] traveling, but I‘m always Thrilled to present to you all. I also want to thank

[48:31] thrilled to present to you all. I also want to thank Commissioner shea for her

[48:33] I also want to thank Commissioner shea for her Wonderful remarks at the recent

[48:35] commissioner shea for her Wonderful remarks at the recent Grand opening at the new hancock

[48:36] wonderful remarks at the recent Grand opening at the new hancock Health center space.

[48:37] grand opening at the new hancock Health center space. Your long standing support of

[48:40] health center space. Your long standing support of Public health and prevention and

[48:42] your long standing support of Public health and prevention and Compassionate community care has

[48:43] public health and prevention and Compassionate community care has Meant a great deal to our

[48:45] compassionate community care has Meant a great deal to our Patients and our care teams.

[48:46] meant a great deal to our Patients and our care teams. The opening gave us an

[48:49] patients and our care teams. The opening gave us an Opportunity also to reflect on

[48:50] the opening gave us an Opportunity also to reflect on The extraordinary legacy of the

[48:53] opportunity also to reflect on The extraordinary legacy of the David powell clinic, which is

[48:55] the extraordinary legacy of the David powell clinic, which is The first occupant of the

[48:57] david powell clinic, which is The first occupant of the Expansive hancock center.

[48:59] the first occupant of the Expansive hancock center. That and the role that

[49:01] expansive hancock center. That and the role that Particular clinic h played in

[49:03] that and the role that Particular clinic h played in Shaping patient centered care

[49:05] particular clinic h played in Shaping patient centered care Across the entire system over

[49:07] shaping patient centered care Across the entire system over The last 35 years, david powell

[49:09] across the entire system over The last 35 years, david powell Has evolved, along with the hiv

[49:12] the last 35 years, david powell Has evolved, along with the hiv Epidemic itself.

[49:13] has evolved, along with the hiv Epidemic itself. What began in a time of crisis

[49:17] epidemic itself. What began in a time of crisis Became one of the region‘s

[49:18] what began in a time of crisis Became one of the region‘s Earliest models for integrated,

[49:20] became one of the region‘s Earliest models for integrated, Whole person re.

[49:20] earliest models for integrated, Whole person re. Long before team based care

[49:23] whole person re. Long before team based care Became common in health care,

[49:25] long before team based care Became common in health care, David powell was bringing

[49:26] became common in health care, David powell was bringing Together primary care,

[49:28] david powell was bringing Together primary care, Behavioral health, pharmacy,

[49:30] together primary care, Behavioral health, pharmacy, Nutrition support, prevention

[49:32] behavioral health, pharmacy, Nutrition support, prevention Services and case management.

[49:33] nutrition support, prevention Services and case management. In one coordinated setting.

[49:36] services and case management. In one coordinated setting. And today, the clinic serves

[49:38] in one coordinated setting. And today, the clinic serves More than 3000 patients across

[49:40] and today, the clinic serves More than 3000 patients across Ten county region and continues

[49:43] more than 3000 patients across Ten county region and continues To innovate more than 200

[49:45] ten county region and continues To innovate more than 200 Patients now receive some of the

[49:46] to innovate more than 200 Patients now receive some of the Most advanced technologies,

[49:49] patients now receive some of the Most advanced technologies, Including long acting hiv

[49:52] most advanced technologies, Including long acting hiv Injectables, which improve

[49:54] including long acting hiv Injectables, which improve Adherence and helps reduce

[49:55] injectables, which improve Adherence and helps reduce Stigma for patients who may

[49:57] adherence and helps reduce Stigma for patients who may Struggle with managing daily

[50:00] stigma for patients who may Struggle with managing daily Medication regimens.

[50:01] struggle with managing daily Medication regimens. The clinic has also become a

[50:03] medication regimens. The clinic has also become a Leader in prevention through the

[50:04] the clinic has also become a Leader in prevention through the Ideal health clinic, a cdc

[50:07] leader in prevention through the Ideal health clinic, a cdc Funded status neutral care

[50:09] ideal health clinic, a cdc Funded status neutral care Approach.

[50:10] funded status neutral care Approach. Community care has significantly

[50:12] approach. Community care has significantly Expanded access to prep

[50:14] community care has significantly Expanded access to prep Medication that prevents hiv

[50:17] expanded access to prep Medication that prevents hiv Infection before exposure

[50:18] medication that prevents hiv Infection before exposure Occurs.

[50:19] infection before exposure Occurs. Prep has become one of the most

[50:21] occurs. Prep has become one of the most Effective public health tools in

[50:22] prep has become one of the most Effective public health tools in The world to reduce new hiv

[50:25] effective public health tools in The world to reduce new hiv Infections, particularly among

[50:27] the world to reduce new hiv Infections, particularly among High risk populations.

[50:28] infections, particularly among High risk populations. And in the last year alone, our

[50:30] high risk populations. And in the last year alone, our Prep patient population has

[50:34] and in the last year alone, our Prep patient population has Nearly doubled growth.

[50:36] prep patient population has Nearly doubled growth. That has been recognized by the

[50:38] nearly doubled growth. That has been recognized by the Federal government and our 2025

[50:41] that has been recognized by the Federal government and our 2025 Reporting.

[50:43] federal government and our 2025 Reporting. David powell also demonstrates

[50:45] reporting. David powell also demonstrates The importance of pairing

[50:47] david powell also demonstrates The importance of pairing Affordable medications with

[50:48] the importance of pairing Affordable medications with Wraparound support services

[50:50] affordable medications with Wraparound support services Through the federal 340 b

[50:51] wraparound support services Through the federal 340 b Program, community care is able

[50:53] through the federal 340 b Program, community care is able To offer low cost medications

[50:56] program, community care is able To offer low cost medications That are extremely expensive to

[50:59] to offer low cost medications That are extremely expensive to Provide in other settings at a

[51:01] that are extremely expensive to Provide in other settings at a Significantly reduced cost, and

[51:03] provide in other settings at a Significantly reduced cost, and The savings generated through

[51:04] significantly reduced cost, and The savings generated through That program help fund the

[51:07] the savings generated through That program help fund the Behavioral supports the

[51:08] that program help fund the Behavioral supports the Nutrition, supports, outreach,

[51:10] behavioral supports the Nutrition, supports, outreach, Transportation assistance, and

[51:12] nutrition, supports, outreach, Transportation assistance, and Care coordination.

[51:13] transportation assistance, and Care coordination. These are the kinds of services

[51:15] care coordination. These are the kinds of services That help patients remain

[51:17] these are the kinds of services That help patients remain Healthy, keep them out of more

[51:20] that help patients remain Healthy, keep them out of more Expensive parts of our system,

[51:22] healthy, keep them out of more Expensive parts of our system, And continuously engage in long

[51:24] expensive parts of our system, And continuously engage in long Term term care.

[51:25] and continuously engage in long Term term care. The outcomes, because I know

[51:27] term term care. The outcomes, because I know That you guys like data, reflect

[51:29] the outcomes, because I know That you guys like data, reflect The strength of the model in

[51:32] that you guys like data, reflect The strength of the model in 2025, community care achieved a

[51:34] the strength of the model in 2025, community care achieved a 94.2 retention rate for ryan

[51:36] 2025, community care achieved a 94.2 retention rate for ryan That‘s the program, the grant

[51:39] 94.2 retention rate for ryan That‘s the program, the grant Program that helps pay for the

[51:41] that‘s the program, the grant Program that helps pay for the Care and a 90% viral suppression

[51:43] program that helps pay for the Care and a 90% viral suppression Rate, meaning that the vast

[51:45] care and a 90% viral suppression Rate, meaning that the vast Majority of the patients in our

[51:46] rate, meaning that the vast Majority of the patients in our Care have the virus controlled

[51:48] majority of the patients in our Care have the virus controlled To levels that protect both

[51:49] care have the virus controlled To levels that protect both Their own health and the broader

[51:51] to levels that protect both Their own health and the broader Community.

[51:52] their own health and the broader Community. David powell has also served a

[51:56] community. David powell has also served a Critical regional public health

[51:58] david powell has also served a Critical regional public health Role, which is particularly

[51:59] critical regional public health Role, which is particularly Important at a time where we‘re

[52:00] role, which is particularly Important at a time where we‘re Seeing other supports for that

[52:02] important at a time where we‘re Seeing other supports for that Contract.

[52:02] seeing other supports for that Contract. We acted as a major vaccination

[52:05] contract. We acted as a major vaccination And treatment site during the

[52:07] we acted as a major vaccination And treatment site during the Mpox outbreak, and operating

[52:09] and treatment site during the Mpox outbreak, and operating Austin‘s only mobile hiv program

[52:11] mpox outbreak, and operating Austin‘s only mobile hiv program Focused on unsheltered

[52:13] austin‘s only mobile hiv program Focused on unsheltered Individuals living with hiv.

[52:14] focused on unsheltered Individuals living with hiv. Perhaps most importantly, the

[52:18] individuals living with hiv. Perhaps most importantly, the Lessons learned at david powell

[52:19] perhaps most importantly, the Lessons learned at david powell Now shape how we care for

[52:22] lessons learned at david powell Now shape how we care for Everyone across the system.

[52:23] now shape how we care for Everyone across the system. Our vulnerable populations, the

[52:26] everyone across the system. Our vulnerable populations, the Clinic that trust, that taught

[52:27] our vulnerable populations, the Clinic that trust, that taught Us that trust, dignity, stigma

[52:31] clinic that trust, that taught Us that trust, dignity, stigma Reduction, mental health,

[52:32] us that trust, dignity, stigma Reduction, mental health, Housing instability and cultural

[52:35] reduction, mental health, Housing instability and cultural Understanding are not secondary

[52:37] housing instability and cultural Understanding are not secondary Issues in health care.

[52:38] understanding are not secondary Issues in health care. They are central in achieving

[52:41] issues in health care. They are central in achieving Good outcomes.

[52:41] they are central in achieving Good outcomes. And so that philosophy is

[52:43] good outcomes. And so that philosophy is Reflected in the design of the

[52:45] and so that philosophy is Reflected in the design of the New space where hiv services are

[52:48] reflected in the design of the New space where hiv services are Intentionally integrated along

[52:50] new space where hiv services are Intentionally integrated along Specialty older adult care in a

[52:52] intentionally integrated along Specialty older adult care in a Way that normalizes care,

[52:54] specialty older adult care in a Way that normalizes care, Reduces isolation, and

[52:55] way that normalizes care, Reduces isolation, and Strengthens continuity for

[52:56] reduces isolation, and Strengthens continuity for Patients as they age, and is not

[52:58] strengthens continuity for Patients as they age, and is not Just present at david powell,

[53:01] patients as they age, and is not Just present at david powell, But for all 150 some odd

[53:03] just present at david powell, But for all 150 some odd Individual patients who receive

[53:05] but for all 150 some odd Individual patients who receive Care from us.

[53:06] individual patients who receive Care from us. So ultimately, david powell

[53:09] care from us. So ultimately, david powell Represents what we consider the

[53:10] so ultimately, david powell Represents what we consider the Gold standard of care.

[53:11] represents what we consider the Gold standard of care. As the folks move across the

[53:13] gold standard of care. As the folks move across the Island.

[53:13] as the folks move across the Island. That doctor li speaks so often

[53:15] island. That doctor li speaks so often About, of what strong public

[53:17] that doctor li speaks so often About, of what strong public Health infrastructure can look

[53:19] about, of what strong public Health infrastructure can look Like with innovation,

[53:21] health infrastructure can look Like with innovation, Prevention, affordability, and

[53:23] like with innovation, Prevention, affordability, and Compassionate care that can come

[53:24] prevention, affordability, and Compassionate care that can come Together in service of the

[53:27] compassionate care that can come Together in service of the Community and in this case, in

[53:28] together in service of the Community and in this case, in Service of travis county.

[53:29] community and in this case, in Service of travis county. Now, I turn it over to jeff.

[53:33] service of travis county. Now, I turn it over to jeff. >> thank you, tara.

[53:34] now, I turn it over to jeff. >> thank you, tara. I want to briefly thank you

[53:36] >> thank you, tara. I want to briefly thank you Again for allowing central

[53:40] I want to briefly thank you Again for allowing central Health to come and bring you up

[53:41] again for allowing central Health to come and bring you up To date on what‘s going on in

[53:43] health to come and bring you up To date on what‘s going on in Our organization.

[53:44] to date on what‘s going on in Our organization. One of the things that sendero

[53:47] our organization. One of the things that sendero Is trying to do is to sort of

[53:49] one of the things that sendero Is trying to do is to sort of Broaden our scope of services.

[53:52] is trying to do is to sort of Broaden our scope of services. And so I wanted to tell you

[53:54] broaden our scope of services. And so I wanted to tell you About a new entity that we have

[53:55] and so I wanted to tell you About a new entity that we have Created.

[53:56] about a new entity that we have Created. It‘s called sendero health

[53:58] created. It‘s called sendero health Solutions, and it will function

[54:00] it‘s called sendero health Solutions, and it will function As a t, p a or third party

[54:02] solutions, and it will function As a t, p a or third party Administrator.

[54:03] as a t, p a or third party Administrator. And we hope to outreach to the

[54:05] administrator. And we hope to outreach to the Community because we now have

[54:06] and we hope to outreach to the Community because we now have That capability in house to do

[54:08] community because we now have That capability in house to do Claims processing, to be able to

[54:10] that capability in house to do Claims processing, to be able to Work with.

[54:11] claims processing, to be able to Work with. And we‘re probably going to

[54:13] work with. And we‘re probably going to Focus on the nonprofit

[54:14] and we‘re probably going to Focus on the nonprofit Communities in the in the area

[54:16] focus on the nonprofit Communities in the in the area And help them have a health plan

[54:18] communities in the in the area And help them have a health plan That can, can serve and help

[54:22] and help them have a health plan That can, can serve and help Expand our coverage in the

[54:23] that can, can serve and help Expand our coverage in the Community generally.

[54:25] expand our coverage in the Community generally. So we‘re looking at services

[54:27] community generally. So we‘re looking at services Outside of aca.

[54:28] so we‘re looking at services Outside of aca. We‘re looking to expand the

[54:32] outside of aca. We‘re looking to expand the Capability of sendero to

[54:33] we‘re looking to expand the Capability of sendero to Diversify our book of business.

[54:35] capability of sendero to Diversify our book of business. So we‘re not totally reliant on

[54:37] diversify our book of business. So we‘re not totally reliant on The aca, which is, you probably

[54:39] so we‘re not totally reliant on The aca, which is, you probably Are aware, is receiving

[54:41] the aca, which is, you probably Are aware, is receiving Continual changes to its to its

[54:43] are aware, is receiving Continual changes to its to its Governmental structure.

[54:45] continual changes to its to its Governmental structure. And we are we‘re certainly

[54:47] governmental structure. And we are we‘re certainly Working in not not dropping the

[54:48] and we are we‘re certainly Working in not not dropping the Ball on that one at all, but we

[54:50] working in not not dropping the Ball on that one at all, but we Are going to try and expand to

[54:52] ball on that one at all, but we Are going to try and expand to See if we can‘t offer services

[54:54] are going to try and expand to See if we can‘t offer services To the community.

[54:54] see if we can‘t offer services To the community. Other component that we are

[54:56] to the community. Other component that we are Building into that is a

[54:58] other component that we are Building into that is a Credentialing verification

[55:00] building into that is a Credentialing verification Organization.

[55:00] credentialing verification Organization. We do credentialing for our

[55:02] organization. We do credentialing for our Providers that we have to.

[55:03] we do credentialing for our Providers that we have to. We‘ve been doing it for central

[55:05] providers that we have to. We‘ve been doing it for central Health, for the map providers.

[55:07] we‘ve been doing it for central Health, for the map providers. We‘re expanding to bring those

[55:09] health, for the map providers. We‘re expanding to bring those Services across the across the

[55:11] we‘re expanding to bring those Services across the across the Enterprise, across the whole

[55:13] services across the across the Enterprise, across the whole System, under a single resource,

[55:15] enterprise, across the whole System, under a single resource, So that we don‘t duplicate that

[55:17] system, under a single resource, So that we don‘t duplicate that Requirement of credentialing all

[55:19] so that we don‘t duplicate that Requirement of credentialing all Of our providers, which happens

[55:20] requirement of credentialing all Of our providers, which happens To happen, has to occur within

[55:23] of our providers, which happens To happen, has to occur within C, u, c, it has to occur within

[55:24] to happen, has to occur within C, u, c, it has to occur within Central health.

[55:25] c, u, c, it has to occur within Central health. So certainly has to occur within

[55:27] central health. So certainly has to occur within Sendero.

[55:28] so certainly has to occur within Sendero. So we‘re consolidating those

[55:30] sendero. So we‘re consolidating those Services and we hope to make

[55:31] so we‘re consolidating those Services and we hope to make That available to other

[55:32] services and we hope to make That available to other Providers in the community so

[55:34] that available to other Providers in the community so That we can help expand the

[55:37] providers in the community so That we can help expand the Capability of doing doing that.

[55:39] that we can help expand the Capability of doing doing that. And it‘s also creates a revenue

[55:42] capability of doing doing that. And it‘s also creates a revenue Stream for sendero so that we

[55:44] and it‘s also creates a revenue Stream for sendero so that we Can be more diversified in our

[55:46] stream for sendero so that we Can be more diversified in our Ability to support the entire

[55:48] can be more diversified in our Ability to support the entire Central health system.

[55:49] ability to support the entire Central health system. >> just for a quick

[55:51] central health system. >> just for a quick Clarification, I‘m not a medical

[55:53] >> just for a quick Clarification, I‘m not a medical Person, and so I don‘t even

[55:55] clarification, I‘m not a medical Person, and so I don‘t even Understand what the

[55:56] person, and so I don‘t even Understand what the Credentialing verification

[55:57] understand what the Credentialing verification Organization is.

[55:58] credentialing verification Organization is. I presume people who are

[55:59] organization is. I presume people who are Providing medical services have

[56:02] I presume people who are Providing medical services have Been trained, have gotten the

[56:05] providing medical services have Been trained, have gotten the Proper credentials to practice

[56:09] been trained, have gotten the Proper credentials to practice Medicine.

[56:09] proper credentials to practice Medicine. So what is the.

[56:10] medicine. So what is the. >> it‘s, it‘s a.

[56:11] so what is the. >> it‘s, it‘s a. >> very it‘s.

[56:11] >> it‘s, it‘s a. >> very it‘s. >> it‘s a verification process.

[56:14] >> very it‘s. >> it‘s a verification process. It looks at each provider and it

[56:16] >> it‘s a verification process. It looks at each provider and it Says, oh, you have a, you have

[56:18] it looks at each provider and it Says, oh, you have a, you have A, you‘re a board certified in

[56:20] says, oh, you have a, you have A, you‘re a board certified in Family medicine.

[56:22] a, you‘re a board certified in Family medicine. We confirm that we actually go

[56:23] family medicine. We confirm that we actually go To the various boards.

[56:25] we confirm that we actually go To the various boards. We confirm the education.

[56:27] to the various boards. We confirm the education. We confirm with that they have

[56:29] we confirm the education. We confirm with that they have Privileges at different

[56:30] we confirm with that they have Privileges at different Hospitals.

[56:30] privileges at different Hospitals. >> they haven‘t basically faked

[56:32] hospitals. >> they haven‘t basically faked Some kind of certification.

[56:33] >> they haven‘t basically faked Some kind of certification. Could be we.

[56:34] some kind of certification. Could be we. [laughter]

[56:34] could be we. [laughter] Could use that at the federal

[56:35] [laughter] Could use that at the federal Level.

[56:35] could use that at the federal Level. [laughter]

[56:36] level. [laughter] Anyway.

[56:37] [laughter] Anyway. Thank you.

[56:37] anyway. Thank you. That helps.

[56:40] thank you. That helps. >> so I think from now, where

[56:43] that helps. >> so I think from now, where Was this go back to pat.

[56:44] >> so I think from now, where Was this go back to pat. >> yeah.

[56:44] was this go back to pat. >> yeah. So thank you.

[56:46] >> yeah. So thank you. Thank you both.

[56:47] so thank you. Thank you both. Taking us home.

[56:48] thank you both. Taking us home. I just want to provide a brief

[56:51] taking us home. I just want to provide a brief Update on our progress.

[56:53] I just want to provide a brief Update on our progress. Creating a single coordinated

[56:55] update on our progress. Creating a single coordinated System on behalf of our

[56:56] creating a single coordinated System on behalf of our Patients, reducing duplication,

[56:58] system on behalf of our Patients, reducing duplication, Increasing efficiency, creating

[57:00] patients, reducing duplication, Increasing efficiency, creating A better experience.

[57:01] increasing efficiency, creating A better experience. So we‘ve taken this in phases

[57:03] a better experience. So we‘ve taken this in phases And I‘m delighted to share that

[57:04] so we‘ve taken this in phases And I‘m delighted to share that We‘ve now completed the first

[57:07] and I‘m delighted to share that We‘ve now completed the first Phase.

[57:07] we‘ve now completed the first Phase. The five areas that we have

[57:10] phase. The five areas that we have Brought together include health

[57:12] the five areas that we have Brought together include health Care for the homeless, epic

[57:15] brought together include health Care for the homeless, epic Pharmacy, addiction medicine and

[57:19] care for the homeless, epic Pharmacy, addiction medicine and Eligibility.

[57:19] pharmacy, addiction medicine and Eligibility. And together, these five areas

[57:21] eligibility. And together, these five areas Touch some really important

[57:23] and together, these five areas Touch some really important Parts of the patient experience.

[57:24] touch some really important Parts of the patient experience. How people get connected to

[57:26] parts of the patient experience. How people get connected to Care, how information moves

[57:28] how people get connected to Care, how information moves Across the system, how

[57:29] care, how information moves Across the system, how Medications are accessed, how we

[57:31] across the system, how Medications are accessed, how we Support patients with complex

[57:33] medications are accessed, how we Support patients with complex Needs, how we help people

[57:34] support patients with complex Needs, how we help people Qualify for services and

[57:35] needs, how we help people Qualify for services and Coverage available to them.

[57:37] qualify for services and Coverage available to them. We‘re now hard at work on our

[57:38] coverage available to them. We‘re now hard at work on our Phase two focus areas, which

[57:40] we‘re now hard at work on our Phase two focus areas, which Include provider credentialing,

[57:43] phase two focus areas, which Include provider credentialing, Ambulatory specialty care,

[57:44] include provider credentialing, Ambulatory specialty care, Process improvement,

[57:46] ambulatory specialty care, Process improvement, Transportation solutions, and

[57:48] process improvement, Transportation solutions, and Revenue cycle.

[57:48] transportation solutions, and Revenue cycle. These areas are critical to how

[57:50] revenue cycle. These areas are critical to how Well our system functions they

[57:52] these areas are critical to how Well our system functions they Drive, how quickly patients can

[57:54] well our system functions they Drive, how quickly patients can Be seen, how easily they can

[57:55] drive, how quickly patients can Be seen, how easily they can Move between services, how

[57:57] be seen, how easily they can Move between services, how Consistently our teams operate

[57:59] move between services, how Consistently our teams operate And how responsibly manage

[58:01] consistently our teams operate And how responsibly manage Resources entrusted to us.

[58:02] and how responsibly manage Resources entrusted to us. Looking ahead down the road, we

[58:04] resources entrusted to us. Looking ahead down the road, we Know that communications and

[58:06] looking ahead down the road, we Know that communications and Marketing external affairs are

[58:08] know that communications and Marketing external affairs are Up next, and there‘ll be more

[58:10] marketing external affairs are Up next, and there‘ll be more Behind that.

[58:10] up next, and there‘ll be more Behind that. But as our system gws, it

[58:12] behind that. But as our system gws, it Becomes even more important that

[58:13] but as our system gws, it Becomes even more important that We are telling one clear story,

[58:16] becomes even more important that We are telling one clear story, One mission, one team

[58:19] we are telling one clear story, One mission, one team Coordinating our outreach,

[58:19] one mission, one team Coordinating our outreach, Working together with

[58:21] coordinating our outreach, Working together with Yourselves, other elected

[58:22] working together with Yourselves, other elected Officials, partners, and the

[58:23] yourselves, other elected Officials, partners, and the Community in a unified way.

[58:25] officials, partners, and the Community in a unified way. And so with that, I just want to

[58:27] community in a unified way. And so with that, I just want to Say a huge thank you for the

[58:29] and so with that, I just want to Say a huge thank you for the Privilege of being here with all

[58:30] say a huge thank you for the Privilege of being here with all Of you.

[58:31] privilege of being here with all Of you. Thank you for your leadership,

[58:33] of you. Thank you for your leadership, For accompanying us in so many

[58:35] thank you for your leadership, For accompanying us in so many Ways through our journey.

[58:36] for accompanying us in so many Ways through our journey. As we called out at the

[58:37] ways through our journey. As we called out at the Beginning.

[58:38] as we called out at the Beginning. And we‘d be happy to open up for

[58:39] beginning. And we‘d be happy to open up for Any of your questions.

[58:40] and we‘d be happy to open up for Any of your questions. Actually, before I do that,

[58:42] any of your questions. Actually, before I do that, Chair rodriguez or vice chair,

[58:44] actually, before I do that, Chair rodriguez or vice chair, Any closing comments you‘d like

[58:45] chair rodriguez or vice chair, Any closing comments you‘d like To offer?

[58:47] any closing comments you‘d like To offer? >> no, I think I think this is

[58:50] to offer? >> no, I think I think this is Such a great example of how

[58:51] >> no, I think I think this is Such a great example of how We‘re continuing to build trust

[58:53] such a great example of how We‘re continuing to build trust Throughout our entire health

[58:54] we‘re continuing to build trust Throughout our entire health Care system, and I‘ll stop

[58:57] throughout our entire health Care system, and I‘ll stop There.

[58:57] care system, and I‘ll stop There. >> well.

[58:58] there. >> well. It‘s building trust across our

[59:02] >> well. It‘s building trust across our Entire health care system, but

[59:03] it‘s building trust across our Entire health care system, but It‘s also building trust in our

[59:05] entire health care system, but It‘s also building trust in our Community, which is so critical

[59:06] it‘s also building trust in our Community, which is so critical As we continue to move forward

[59:08] community, which is so critical As we continue to move forward And in our access to care.

[59:10] as we continue to move forward And in our access to care. So it‘s all the way around, all

[59:12] and in our access to care. So it‘s all the way around, all The way around.

[59:15] so it‘s all the way around, all The way around. >> questions?

[59:18] the way around. >> questions? >> I just want to to commend the

[59:20] >> questions? >> I just want to to commend the Team for being willing to come

[59:23] >> I just want to to commend the Team for being willing to come Out to the community and educate

[59:25] team for being willing to come Out to the community and educate The community on how the system

[59:27] out to the community and educate The community on how the system Is growing.

[59:28] the community on how the system Is growing. That‘s kind of why I ask for a

[59:30] is growing. That‘s kind of why I ask for a Delta report every year, so that

[59:33] that‘s kind of why I ask for a Delta report every year, so that We can look we can look at last

[59:35] delta report every year, so that We can look we can look at last Year‘s budget as our baseline or

[59:37] we can look we can look at last Year‘s budget as our baseline or Look back 2 or 3 years and see

[59:41] year‘s budget as our baseline or Look back 2 or 3 years and see How things, see how the demand

[59:44] look back 2 or 3 years and see How things, see how the demand Has grown and how we have grown

[59:46] how things, see how the demand Has grown and how we have grown To meet that demand in a in a

[59:49] has grown and how we have grown To meet that demand in a in a Time where the federal

[59:52] to meet that demand in a in a Time where the federal Government is abdicating its

[59:54] time where the federal Government is abdicating its Responsibility to the health

[59:56] government is abdicating its Responsibility to the health Care system, followed closely by

[59:59] responsibility to the health Care system, followed closely by The state, it is important that

[1:00:02] care system, followed closely by The state, it is important that That we are able to put the

[1:00:04] the state, it is important that That we are able to put the Resources that we can as a

[1:00:06] that we are able to put the Resources that we can as a Community together to make sure

[1:00:09] resources that we can as a Community together to make sure That our community members are

[1:00:11] community together to make sure That our community members are Served.

[1:00:12] that our community members are Served. And you guys are our voices,

[1:00:15] served. And you guys are our voices, Our, our, our boots and, and,

[1:00:17] and you guys are our voices, Our, our, our boots and, and, And our, our representation on

[1:00:22] our, our, our boots and, and, And our, our representation on The ground.

[1:00:23] and our, our representation on The ground. So I happy to see the direction

[1:00:26] the ground. So I happy to see the direction That we‘re taking.

[1:00:26] so I happy to see the direction That we‘re taking. I‘m happy to see the integration

[1:00:30] that we‘re taking. I‘m happy to see the integration Between central health community

[1:00:32] I‘m happy to see the integration Between central health community Care and sendero think.

[1:00:33] between central health community Care and sendero think. I think that gives a very strong

[1:00:36] care and sendero think. I think that gives a very strong Message.

[1:00:36] I think that gives a very strong Message. I‘m happy that I have the.

[1:00:40] message. I‘m happy that I have the. The chair on speed dial and I

[1:00:42] I‘m happy that I have the. The chair on speed dial and I Can call him after midnight if.

[1:00:44] the chair on speed dial and I Can call him after midnight if. [laughter]

[1:00:45] can call him after midnight if. [laughter] Necessary.

[1:00:45] [laughter] Necessary. >> why do you keep calling

[1:00:46] necessary. >> why do you keep calling People after.

[1:00:46] >> why do you keep calling People after. He references this with many

[1:00:50] people after. He references this with many People?

[1:00:50] he references this with many People? >> okay, so bad stuff happens.

[1:00:52] people? >> okay, so bad stuff happens. [laughter]

[1:00:52] >> okay, so bad stuff happens. [laughter] Around here after midnight.

[1:00:53] [laughter] Around here after midnight. >> okay.

[1:00:55] around here after midnight. >> okay. >> but my dad used to tell me

[1:00:57] >> okay. >> but my dad used to tell me Nothing good.

[1:00:57] >> but my dad used to tell me Nothing good. [laughter]

[1:00:58] nothing good. [laughter] Happens after ten.

[1:00:58] [laughter] Happens after ten. Go home.

[1:00:59] happens after ten. Go home. Some folks.

[1:01:00] go home. Some folks. [laughter]

[1:01:01] some folks. [laughter] Don‘t go home.

[1:01:01] [laughter] Don‘t go home. So.

[1:01:02] don‘t go home. So. But it‘s important to know that

[1:01:04] so. But it‘s important to know that We can reach out to you.

[1:01:05] but it‘s important to know that We can reach out to you. It‘s important to know that we

[1:01:08] we can reach out to you. It‘s important to know that we Are building systems, not just

[1:01:11] it‘s important to know that we Are building systems, not just Transactions.

[1:01:12] are building systems, not just Transactions. And I would appreciate the work

[1:01:13] transactions. And I would appreciate the work That you‘ve done.

[1:01:14] and I would appreciate the work That you‘ve done. And I‘ll try to call you before

[1:01:16] that you‘ve done. And I‘ll try to call you before Midnight.

[1:01:17] and I‘ll try to call you before Midnight. >> thank you.

[1:01:18] midnight. >> thank you. Sir.

[1:01:18] >> thank you. Sir. >> just want to say I, I

[1:01:21] sir. >> just want to say I, I Really want to celebrate the

[1:01:23] >> just want to say I, I Really want to celebrate the Progress that that this

[1:01:26] really want to celebrate the Progress that that this Presentation, I think really

[1:01:28] progress that that this Presentation, I think really Demonstrates because we only a

[1:01:29] presentation, I think really Demonstrates because we only a Few years ago, we had real

[1:01:32] demonstrates because we only a Few years ago, we had real Concerns about approving the

[1:01:33] few years ago, we had real Concerns about approving the Budget because we felt like we

[1:01:34] concerns about approving the Budget because we felt like we Weren‘t getting our questions

[1:01:36] budget because we felt like we Weren‘t getting our questions Answered.

[1:01:36] weren‘t getting our questions Answered. And there was a lot of concern

[1:01:38] answered. And there was a lot of concern From the community.

[1:01:39] and there was a lot of concern From the community. What are we getting for the

[1:01:41] from the community. What are we getting for the Additional $35 million that are

[1:01:44] what are we getting for the Additional $35 million that are Being spent?

[1:01:44] additional $35 million that are Being spent? And I and I do still have

[1:01:45] being spent? And I and I do still have Questions on that.

[1:01:46] and I and I do still have Questions on that. But but you‘ve done a lot of

[1:01:49] questions on that. But but you‘ve done a lot of Work to answer those questions

[1:01:50] but but you‘ve done a lot of Work to answer those questions And to work more cooperatively

[1:01:52] work to answer those questions And to work more cooperatively With ut and del med and get more

[1:01:55] and to work more cooperatively With ut and del med and get more Answers for that information.

[1:01:57] with ut and del med and get more Answers for that information. But I‘m just really impressed

[1:01:59] answers for that information. But I‘m just really impressed With the vision that you‘ve

[1:02:00] but I‘m just really impressed With the vision that you‘ve Created and that you‘re

[1:02:02] with the vision that you‘ve Created and that you‘re Implementing to bring together

[1:02:04] created and that you‘re Implementing to bring together These islands of care where

[1:02:06] implementing to bring together These islands of care where People were, as you described,

[1:02:07] these islands of care where People were, as you described, Doctor lee, swimming from island

[1:02:08] people were, as you described, Doctor lee, swimming from island To island and drowning on the

[1:02:10] doctor lee, swimming from island To island and drowning on the Way, not getting the care they

[1:02:11] to island and drowning on the Way, not getting the care they Needed.

[1:02:12] way, not getting the care they Needed. And, and, and suffering really

[1:02:15] needed. And, and, and suffering really Serious health consequences.

[1:02:16] and, and, and suffering really Serious health consequences. I did have a couple of questions

[1:02:19] serious health consequences. I did have a couple of questions With the highlights in the

[1:02:20] I did have a couple of questions With the highlights in the Increase in the direct specialty

[1:02:22] with the highlights in the Increase in the direct specialty Care and the increase in the

[1:02:24] increase in the direct specialty Care and the increase in the Primary care, it seems like

[1:02:26] care and the increase in the Primary care, it seems like These are these are really

[1:02:28] primary care, it seems like These are these are really Important increases in there and

[1:02:30] these are these are really Important increases in there and They‘re super valuable services

[1:02:32] important increases in there and They‘re super valuable services For people because that was

[1:02:33] they‘re super valuable services For people because that was Another area people were having

[1:02:34] for people because that was Another area people were having To wait a long time for

[1:02:35] another area people were having To wait a long time for Specialty care services.

[1:02:38] to wait a long time for Specialty care services. And are these essentially almost

[1:02:41] specialty care services. And are these essentially almost All medicare or medicaid

[1:02:44] and are these essentially almost All medicare or medicaid Reimbursed?

[1:02:44] all medicare or medicaid Reimbursed? I guess it would be medicaid.

[1:02:45] reimbursed? I guess it would be medicaid. >> it is a combination depending

[1:02:48] I guess it would be medicaid. >> it is a combination depending On which environment is in.

[1:02:49] >> it is a combination depending On which environment is in. So in terms of the central

[1:02:52] on which environment is in. So in terms of the central Health specialty services, as we

[1:02:53] so in terms of the central Health specialty services, as we Talked about before, those are

[1:02:54] health specialty services, as we Talked about before, those are Primary right now.

[1:02:55] talked about before, those are Primary right now. Map, map, basic patients.

[1:02:58] primary right now. Map, map, basic patients. They have received the ability

[1:03:02] map, map, basic patients. They have received the ability To serve medicare patients

[1:03:04] they have received the ability To serve medicare patients Fairly recently.

[1:03:05] to serve medicare patients Fairly recently. Medicaid is still pending.

[1:03:07] fairly recently. Medicaid is still pending. They‘ve added sendero in

[1:03:09] medicaid is still pending. They‘ve added sendero in Community care environment

[1:03:10] they‘ve added sendero in Community care environment Because we are older and we can

[1:03:12] community care environment Because we are older and we can See patients across.

[1:03:14] because we are older and we can See patients across. And we also have sliding scale

[1:03:16] see patients across. And we also have sliding scale Fee and other grant programs to

[1:03:18] and we also have sliding scale Fee and other grant programs to Help support.

[1:03:19] fee and other grant programs to Help support. And we do have some specialty

[1:03:21] help support. And we do have some specialty Services.

[1:03:22] and we do have some specialty Services. So we are able to see medicaid

[1:03:23] services. So we are able to see medicaid And medicare.

[1:03:24] so we are able to see medicaid And medicare. But that is why when we start

[1:03:25] and medicare. But that is why when we start Talking about coverages, we‘re

[1:03:27] but that is why when we start Talking about coverages, we‘re Trying to make sure that

[1:03:29] talking about coverages, we‘re Trying to make sure that Coverage is consistent across

[1:03:30] trying to make sure that Coverage is consistent across The board.

[1:03:30] coverage is consistent across The board. So it doesn‘t matter which door

[1:03:32] the board. So it doesn‘t matter which door Folks enter, they can be seen

[1:03:33] so it doesn‘t matter which door Folks enter, they can be seen And cared for.

[1:03:34] folks enter, they can be seen And cared for. >> okay.

[1:03:35] and cared for. >> okay. Anyway, just great, great kudos

[1:03:39] >> okay. Anyway, just great, great kudos For the vision and the

[1:03:41] anyway, just great, great kudos For the vision and the Implementation on providing more

[1:03:43] for the vision and the Implementation on providing more Care and better care to the

[1:03:44] implementation on providing more Care and better care to the Community.

[1:03:45] care and better care to the Community. And honestly, given the increase

[1:03:46] community. And honestly, given the increase In health care costs that costs,

[1:03:49] and honestly, given the increase In health care costs that costs, That every entity is seeing, I‘d

[1:03:51] in health care costs that costs, That every entity is seeing, I‘d Love to know if at some point

[1:03:52] that every entity is seeing, I‘d Love to know if at some point Sendero can, you know, be a

[1:03:55] love to know if at some point Sendero can, you know, be a Service provider for that kind

[1:03:56] sendero can, you know, be a Service provider for that kind Of thing for institutions like

[1:03:59] service provider for that kind Of thing for institutions like Travis county, I don‘t know if

[1:04:00] of thing for institutions like Travis county, I don‘t know if That‘s feasible in the future,

[1:04:01] travis county, I don‘t know if That‘s feasible in the future, But we are really struggling

[1:04:04] that‘s feasible in the future, But we are really struggling With substantial cost increases

[1:04:06] but we are really struggling With substantial cost increases That were unanticipated.

[1:04:08] with substantial cost increases That were unanticipated. Thank you.

[1:04:09] that were unanticipated. Thank you. >> I‘d love to.

[1:04:10] thank you. >> I‘d love to. >> commissioner.

[1:04:12] >> I‘d love to. >> commissioner. Thank you all for being here.

[1:04:14] >> commissioner. Thank you all for being here. I love these presentations, and

[1:04:16] thank you all for being here. I love these presentations, and You all are such a well greased

[1:04:17] I love these presentations, and You all are such a well greased Machine.

[1:04:18] you all are such a well greased Machine. Now on presenting together.

[1:04:20] machine. Now on presenting together. It feels like a nice family

[1:04:22] now on presenting together. It feels like a nice family Show.

[1:04:22] it feels like a nice family Show. So thank you very much.

[1:04:24] show. So thank you very much. I‘m sharon, I want to follow up

[1:04:26] so thank you very much. I‘m sharon, I want to follow up With you about helping a group

[1:04:28] I‘m sharon, I want to follow up With you about helping a group Of lawyers that the county

[1:04:32] with you about helping a group Of lawyers that the county Relies on, who represent, who do

[1:04:34] of lawyers that the county Relies on, who represent, who do Our criminal public defense

[1:04:35] relies on, who represent, who do Our criminal public defense Work, they‘re solo

[1:04:38] our criminal public defense Work, they‘re solo Practitioners.

[1:04:39] work, they‘re solo Practitioners. And one thing we‘ve identified

[1:04:41] practitioners. And one thing we‘ve identified That could help make their work

[1:04:43] and one thing we‘ve identified That could help make their work More affordable, as if they had

[1:04:45] that could help make their work More affordable, as if they had Access to health care.

[1:04:47] more affordable, as if they had Access to health care. And we don‘t know how to help

[1:04:50] access to health care. And we don‘t know how to help Them do that, you.

[1:04:51] and we don‘t know how to help Them do that, you. [laughter]

[1:04:51] them do that, you. [laughter] Know,ut maybe you do.

[1:04:52] [laughter] Know,ut maybe you do. So we‘ll.

[1:04:53] know,ut maybe you do. So we‘ll. >> we‘ll.

[1:04:54] so we‘ll. >> we‘ll. [laughter]

[1:04:54] >> we‘ll. [laughter] Have a conversation, okay?

[1:04:55] [laughter] Have a conversation, okay? >> okay.

[1:04:57] have a conversation, okay? >> okay. Secondly, for all of those in

[1:04:58] >> okay. Secondly, for all of those in The room that have worked on

[1:05:00] secondly, for all of those in The room that have worked on Homelessness together with me,

[1:05:02] the room that have worked on Homelessness together with me, It‘s fun to see that central

[1:05:04] homelessness together with me, It‘s fun to see that central Health got a grant from echo.

[1:05:06] it‘s fun to see that central Health got a grant from echo. Did you all hear that?

[1:05:06] health got a grant from echo. Did you all hear that? That‘s pretty.

[1:05:08] did you all hear that? That‘s pretty. It‘s usually we‘re begging

[1:05:10] that‘s pretty. It‘s usually we‘re begging Central health for money for

[1:05:11] it‘s usually we‘re begging Central health for money for Echo.

[1:05:11] central health for money for Echo. So that‘s sort of a new way of

[1:05:13] echo. So that‘s sort of a new way of Doing business.

[1:05:14] so that‘s sort of a new way of Doing business. You talk about trust and you

[1:05:16] doing business. You talk about trust and you Talk about the community.

[1:05:17] you talk about trust and you Talk about the community. And with all this growth, can

[1:05:20] talk about the community. And with all this growth, can Anybody comment on what the rest

[1:05:24] and with all this growth, can Anybody comment on what the rest Of the health care community,

[1:05:26] anybody comment on what the rest Of the health care community, The the providers in the

[1:05:28] of the health care community, The the providers in the Community?

[1:05:29] the the providers in the Community? What are y‘all finding?

[1:05:31] community? What are y‘all finding? Are they accepng all of this

[1:05:35] what are y‘all finding? Are they accepng all of this Growth from central health, or

[1:05:36] are they accepng all of this Growth from central health, or Are you building new

[1:05:38] growth from central health, or Are you building new Relationships?

[1:05:38] are you building new Relationships? Like, what is your expansion

[1:05:41] relationships? Like, what is your expansion Doing to the ecosystem of health

[1:05:45] like, what is your expansion Doing to the ecosystem of health Care?

[1:05:45] doing to the ecosystem of health Care? I‘m just curious about that.

[1:05:46] care? I‘m just curious about that. >> yeah, I love that question.

[1:05:48] I‘m just curious about that. >> yeah, I love that question. And let me first say a huge

[1:05:50] >> yeah, I love that question. And let me first say a huge Thank you to matt, malika and

[1:05:51] and let me first say a huge Thank you to matt, malika and The team at echo.

[1:05:52] thank you to matt, malika and The team at echo. That collaboration and the

[1:05:54] the team at echo. That collaboration and the Collaboration with david gray

[1:05:55] that collaboration and the Collaboration with david gray And the city of austin, you

[1:05:56] collaboration with david gray And the city of austin, you Know, with pilar sanchez and the

[1:05:59] and the city of austin, you Know, with pilar sanchez and the Team at the county and our

[1:06:01] know, with pilar sanchez and the Team at the county and our Integral care colleagues, the

[1:06:02] team at the county and our Integral care colleagues, the Homeless community has opened

[1:06:03] integral care colleagues, the Homeless community has opened Their arms and have allowed us

[1:06:05] homeless community has opened Their arms and have allowed us To work together arm in arm, and

[1:06:07] their arms and have allowed us To work together arm in arm, and We really appreciate that.

[1:06:08] to work together arm in arm, and We really appreciate that. So I didn‘t want to miss that

[1:06:10] we really appreciate that. So I didn‘t want to miss that Point.

[1:06:10] so I didn‘t want to miss that Point. Thanks for calling that out and

[1:06:11] point. Thanks for calling that out and For your leadership.

[1:06:11] thanks for calling that out and For your leadership. Commissioner howard in that

[1:06:13] for your leadership. Commissioner howard in that Space.

[1:06:13] commissioner howard in that Space. And to your second question.

[1:06:16] space. And to your second question. The short answer is yes.

[1:06:18] and to your second question. The short answer is yes. You know, in these islands of

[1:06:21] the short answer is yes. You know, in these islands of Care, commissioner shea, a lot

[1:06:23] you know, in these islands of Care, commissioner shea, a lot Of patients couldn‘t get the

[1:06:25] care, commissioner shea, a lot Of patients couldn‘t get the Preventive care they needed.

[1:06:27] of patients couldn‘t get the Preventive care they needed. They couldn‘t manage their

[1:06:28] preventive care they needed. They couldn‘t manage their Chronic diseases.

[1:06:30] they couldn‘t manage their Chronic diseases. They went undiagnosed for their

[1:06:33] chronic diseases. They went undiagnosed for their Cancers until it was too late.

[1:06:34] they went undiagnosed for their Cancers until it was too late. But then they showed up in the

[1:06:36] cancers until it was too late. But then they showed up in the Emergency department and they

[1:06:38] but then they showed up in the Emergency department and they Showed up in the crisis care

[1:06:40] emergency department and they Showed up in the crisis care System, in the jail, on the

[1:06:42] showed up in the crisis care System, in the jail, on the Street, or just much more

[1:06:44] system, in the jail, on the Street, or just much more Advanced disease.

[1:06:45] street, or just much more Advanced disease. And no doctor likes to see that.

[1:06:48] advanced disease. And no doctor likes to see that. And so as we have begun to

[1:06:50] and no doctor likes to see that. And so as we have begun to Provide meaningful access across

[1:06:53] and so as we have begun to Provide meaningful access across 35 new specialty and diagnostic

[1:06:56] provide meaningful access across 35 new specialty and diagnostic Services for low income

[1:06:57] 35 new specialty and diagnostic Services for low income Individuals that did not exist

[1:06:59] services for low income Individuals that did not exist Before, we have found a lot of

[1:07:01] individuals that did not exist Before, we have found a lot of Common cause.

[1:07:02] before, we have found a lot of Common cause. In particular, I want to lift up

[1:07:04] common cause. In particular, I want to lift up Our colleagues at the university

[1:07:05] in particular, I want to lift up Our colleagues at the university Of texas, in particular, so many

[1:07:08] our colleagues at the university Of texas, in particular, so many Of the physicians, faculty,

[1:07:10] of texas, in particular, so many Of the physicians, faculty, Trainees, residents who‘ve come

[1:07:12] of the physicians, faculty, Trainees, residents who‘ve come To train or teach or serve at

[1:07:14] trainees, residents who‘ve come To train or teach or serve at Ut, you know, come because they

[1:07:17] to train or teach or serve at Ut, you know, come because they Believe in doing the very best

[1:07:19] ut, you know, come because they Believe in doing the very best That‘s that‘s possible on planet

[1:07:21] believe in doing the very best That‘s that‘s possible on planet Earth.

[1:07:21] that‘s that‘s possible on planet Earth. And they want to care for

[1:07:23] earth. And they want to care for Everybody in our community.

[1:07:24] and they want to care for Everybody in our community. And so there are innumerable

[1:07:27] everybody in our community. And so there are innumerable Conversations that we‘ve been

[1:07:28] and so there are innumerable Conversations that we‘ve been Having across a range of

[1:07:29] conversations that we‘ve been Having across a range of Specialties as we figure out

[1:07:31] having across a range of Specialties as we figure out Even better ways to work

[1:07:33] specialties as we figure out Even better ways to work Alongside.

[1:07:34] even better ways to work Alongside. And as the court has seen, I

[1:07:36] alongside. And as the court has seen, I Think in a relatively recent

[1:07:38] and as the court has seen, I Think in a relatively recent Presentation, much of that work

[1:07:39] think in a relatively recent Presentation, much of that work Is done by ut faculty and

[1:07:42] presentation, much of that work Is done by ut faculty and Fellows and residents and

[1:07:43] is done by ut faculty and Fellows and residents and Students in our community care.

[1:07:45] fellows and residents and Students in our community care. You know, clinical environments.

[1:07:48] students in our community care. You know, clinical environments. And soon, you know, in our

[1:07:49] you know, clinical environments. And soon, you know, in our Central health specialty

[1:07:50] and soon, you know, in our Central health specialty Environments as well.

[1:07:51] central health specialty Environments as well. And so I think it is a welcome

[1:07:54] environments as well. And so I think it is a welcome Thing to see that we are

[1:07:56] and so I think it is a welcome Thing to see that we are Beginning to round out the

[1:07:58] thing to see that we are Beginning to round out the Availability of services for the

[1:08:01] beginning to round out the Availability of services for the Probably 1 in 4, you know,

[1:08:03] availability of services for the Probably 1 in 4, you know, Eventually members of our

[1:08:05] probably 1 in 4, you know, Eventually members of our Community who need access, you

[1:08:07] eventually members of our Community who need access, you Know, and, and can‘t just go pay

[1:08:09] community who need access, you Know, and, and can‘t just go pay Out of pocket, you know, to one

[1:08:12] know, and, and can‘t just go pay Out of pocket, you know, to one Of the private clinics.

[1:08:13] out of pocket, you know, to one Of the private clinics. And so generally response in

[1:08:16] of the private clinics. And so generally response in Very, very positive,

[1:08:17] and so generally response in Very, very positive, Commissioner.

[1:08:17] very, very positive, Commissioner. >> thank you.

[1:08:18] commissioner. >> thank you. >> if I may contribute to that

[1:08:21] >> thank you. >> if I may contribute to that Within sendero, we have about

[1:08:25] >> if I may contribute to that Within sendero, we have about Close to 11,000 providers that

[1:08:27] within sendero, we have about Close to 11,000 providers that Are in our network, and we

[1:08:31] close to 11,000 providers that Are in our network, and we Continually.

[1:08:31] are in our network, and we Continually. In fact, just this week, I‘ve

[1:08:32] continually. In fact, just this week, I‘ve Had a conversation with my

[1:08:34] in fact, just this week, I‘ve Had a conversation with my Network team to say, slow it up,

[1:08:37] had a conversation with my Network team to say, slow it up, Guys.

[1:08:37] network team to say, slow it up, Guys. We can‘t quite keep up with the

[1:08:40] guys. We can‘t quite keep up with the Volume coming in of providers

[1:08:42] we can‘t quite keep up with the Volume coming in of providers Reaching out to sendero saying,

[1:08:44] volume coming in of providers Reaching out to sendero saying, We want to participate.

[1:08:45] reaching out to sendero saying, We want to participate. We want to be in your network.

[1:08:46] we want to participate. We want to be in your network. So I think the community at

[1:08:49] we want to be in your network. So I think the community at Large is very supportive of what

[1:08:52] so I think the community at Large is very supportive of what Central health is doing, and

[1:08:53] large is very supportive of what Central health is doing, and We‘re seeing that from the

[1:08:54] central health is doing, and We‘re seeing that from the Providers reaching out to us to

[1:08:55] we‘re seeing that from the Providers reaching out to us to Be a participant in our well

[1:08:57] providers reaching out to us to Be a participant in our well Within the sendero.

[1:08:58] be a participant in our well Within the sendero. So I think I think they‘re

[1:09:00] within the sendero. So I think I think they‘re Positive.

[1:09:00] so I think I think they‘re Positive. I think they appreciate what

[1:09:02] positive. I think they appreciate what We‘re doing, and they know that

[1:09:04] I think they appreciate what We‘re doing, and they know that If we can take care of this

[1:09:05] we‘re doing, and they know that If we can take care of this Population, it means that

[1:09:07] if we can take care of this Population, it means that They‘re not seeing patients that

[1:09:09] population, it means that They‘re not seeing patients that That aren‘t reimbursed.

[1:09:10] they‘re not seeing patients that That aren‘t reimbursed. They‘re not seeing patients in

[1:09:12] that aren‘t reimbursed. They‘re not seeing patients in The er, that there‘s that

[1:09:14] they‘re not seeing patients in The er, that there‘s that Wouldn‘t need to be there had

[1:09:16] the er, that there‘s that Wouldn‘t need to be there had They had appropriate primary

[1:09:17] wouldn‘t need to be there had They had appropriate primary Care.

[1:09:17] they had appropriate primary Care. So I think it‘s a positive

[1:09:19] care. So I think it‘s a positive Feedback for the provider

[1:09:20] so I think it‘s a positive Feedback for the provider Community.

[1:09:20] feedback for the provider Community. >> and I guess I was thinking

[1:09:22] community. >> and I guess I was thinking About other like clinic systems

[1:09:24] >> and I guess I was thinking About other like clinic systems Like austin regional clinic,

[1:09:26] about other like clinic systems Like austin regional clinic, Austin, austin diagnostic

[1:09:28] like austin regional clinic, Austin, austin diagnostic Clinic, like in a sense, you‘re

[1:09:30] austin, austin diagnostic Clinic, like in a sense, you‘re A new competitor to them.

[1:09:32] clinic, like in a sense, you‘re A new competitor to them. It seems like there‘s plenty of

[1:09:33] a new competitor to them. It seems like there‘s plenty of People to go around.

[1:09:34] it seems like there‘s plenty of People to go around. >> yeah.

[1:09:35] people to go around. >> yeah. Yes, but no.

[1:09:36] >> yeah. Yes, but no. And in the case of medicaid, we

[1:09:39] yes, but no. And in the case of medicaid, we Get a far superior reimbursement

[1:09:41] and in the case of medicaid, we Get a far superior reimbursement Rate than they do.

[1:09:42] get a far superior reimbursement Rate than they do. They lose money, frankly, on

[1:09:44] rate than they do. They lose money, frankly, on Every medicaid patient that they

[1:09:46] they lose money, frankly, on Every medicaid patient that they See.

[1:09:46] every medicaid patient that they See. Okay.

[1:09:47] see. Okay. And so they are happy to share.

[1:09:51] okay. And so they are happy to share. And in fact, we are visiting

[1:09:53] and so they are happy to share. And in fact, we are visiting Their spaces, learning things

[1:09:54] and in fact, we are visiting Their spaces, learning things From them on how to be more

[1:09:56] their spaces, learning things From them on how to be more Effective.

[1:09:57] from them on how to be more Effective. And so, you know, there may be

[1:09:59] effective. And so, you know, there may be Some tiny bit of competition,

[1:10:02] and so, you know, there may be Some tiny bit of competition, But generally we are all

[1:10:04] some tiny bit of competition, But generally we are all Collaborating together to do

[1:10:04] but generally we are all Collaborating together to do This work because it‘s in our

[1:10:05] collaborating together to do This work because it‘s in our Best interest.

[1:10:06] this work because it‘s in our Best interest. >> fabulous.

[1:10:07] best interest. >> fabulous. >> sounds like things are moving

[1:10:09] >> fabulous. >> sounds like things are moving Along better in this whole

[1:10:11] >> sounds like things are moving Along better in this whole Community, and I‘m especially

[1:10:13] along better in this whole Community, and I‘m especially Glad to see the numbers with

[1:10:15] community, and I‘m especially Glad to see the numbers with Sendero.

[1:10:15] glad to see the numbers with Sendero. That‘s a population that I have,

[1:10:18] sendero. That‘s a population that I have, You know, just really concern.

[1:10:21] that‘s a population that I have, You know, just really concern. And I really like the the

[1:10:24] you know, just really concern. And I really like the the Newsletter that y‘all had kind

[1:10:26] and I really like the the Newsletter that y‘all had kind Of talking about some of the

[1:10:27] newsletter that y‘all had kind Of talking about some of the Folks that you have enrolled who

[1:10:29] of talking about some of the Folks that you have enrolled who Are in bad need of health care.

[1:10:31] folks that you have enrolled who Are in bad need of health care. And I don‘t think they would

[1:10:34] are in bad need of health care. And I don‘t think they would Have gotten any other way.

[1:10:35] and I don‘t think they would Have gotten any other way. And so that‘s, that‘s what we

[1:10:37] have gotten any other way. And so that‘s, that‘s what we Need to do.

[1:10:37] and so that‘s, that‘s what we Need to do. That‘s what central health was

[1:10:39] need to do. That‘s what central health was Supposed to do.

[1:10:39] that‘s what central health was Supposed to do. So I‘m glad you all are doing

[1:10:41] supposed to do. So I‘m glad you all are doing It.

[1:10:41] so I‘m glad you all are doing It. Thank you all so much for the

[1:10:43] it. Thank you all so much for the Report.

[1:10:43] thank you all so much for the Report. >> thank you commissioner.

[1:10:45] report. >> thank you commissioner. >> thank you, thank you.

[1:10:46] >> thank you commissioner. >> thank you, thank you. >> thank you.

[1:10:49] >> thank you, thank you. >> thank you. Actually.

[1:10:50] >> thank you. Actually. >> yeah.

[1:10:56] actually. >> yeah. >> good job.

[1:10:58] >> yeah. >> good job. [laughter]

[1:10:58] >> good job. [laughter] Perla.

[1:11:00] [laughter] Perla. [laughter]

[1:11:01] perla. [laughter] >> yeah.

[1:11:01] [laughter] >> yeah. Good stage management.

[1:11:04] >> yeah. Good stage management. And.

[1:11:04] good stage management. And. [laughter]

[1:11:04] and. [laughter] Alicia.

[1:11:04] [laughter] Alicia. >> the next item that we have is

[1:11:11] alicia. >> the next item that we have is Three receive the spring 2026

[1:11:15] >> the next item that we have is Three receive the spring 2026 Update from the housing

[1:11:17] three receive the spring 2026 Update from the housing Authority of travis county.

[1:11:18] update from the housing Authority of travis county. >> and are we going to come to

[1:11:21] authority of travis county. >> and are we going to come to Two after that, commissioner?

[1:11:22] >> and are we going to come to Two after that, commissioner? >> I guess yeah, we just needed

[1:11:24] two after that, commissioner? >> I guess yeah, we just needed To take three because they have

[1:11:26] >> I guess yeah, we just needed To take three because they have Something else they need to

[1:11:27] to take three because they have Something else they need to Address.

[1:11:27] something else they need to Address. >> yeah, they‘ve got to present

[1:11:28] address. >> yeah, they‘ve got to present Now.

[1:11:29] >> yeah, they‘ve got to present Now. Okay.

[1:11:29] now. Okay. >> well, thank you.

[1:11:32] okay. >> well, thank you. I think david had the forms.

[1:11:38] >> well, thank you. I think david had the forms. Okay.

[1:11:38] I think david had the forms. Okay. All right.

[1:11:40] okay. All right. >> take care of it.

[1:11:41] all right. >> take care of it. >> okay.

[1:11:44] >> take care of it. >> okay. >> yeah, yeah.

[1:11:59] >> okay. >> yeah, yeah. >> you‘re good.

[1:12:02] >> yeah, yeah. >> you‘re good. >> good afternoon commissioners.

[1:12:09] >> you‘re good. >> good afternoon commissioners. >> good afternoon.

[1:12:09] >> good afternoon commissioners. >> good afternoon. >> happy affordable housing

[1:12:12] >> good afternoon. >> happy affordable housing Month.

[1:12:12] >> happy affordable housing Month. >> oh is it.

[1:12:12] month. >> oh is it. Thank you.

[1:12:12] >> oh is it. Thank you. >> yes.

[1:12:13] thank you. >> yes. Affordable housing month.

[1:12:14] >> yes. Affordable housing month. So we have a brief clip and then

[1:12:16] affordable housing month. So we have a brief clip and then We‘ll get started if that‘s

[1:12:18] so we have a brief clip and then We‘ll get started if that‘s Okay.

[1:12:19] we‘ll get started if that‘s Okay. >> thank you.

[1:12:19] okay. >> thank you. >> a dignified, safe, affordable

[1:12:24] >> thank you. >> a dignified, safe, affordable Place to live.

[1:12:24] >> a dignified, safe, affordable Place to live. Should have never been a luxury.

[1:12:27] place to live. Should have never been a luxury. This is what sustains life.

[1:12:31] should have never been a luxury. This is what sustains life. Mental health housing is health

[1:12:34] this is what sustains life. Mental health housing is health Care.

[1:12:34] mental health housing is health Care. Housing is access to education.

[1:12:37] care. Housing is access to education. Without going too deep, I think

[1:12:40] housing is access to education. Without going too deep, I think That folks are starting to

[1:12:42] without going too deep, I think That folks are starting to Realize this is a right and not

[1:12:45] that folks are starting to Realize this is a right and not Just for me, not just me and

[1:12:47] realize this is a right and not Just for me, not just me and Mine.

[1:12:47] just for me, not just me and Mine. Housing is a right for all of

[1:12:49] mine. Housing is a right for all of Us.

[1:12:49] housing is a right for all of Us. >> I think that the affordable

[1:12:51] us. >> I think that the affordable Housing crisis that the

[1:12:52] >> I think that the affordable Housing crisis that the Mainstream media talks about,

[1:12:54] housing crisis that the Mainstream media talks about, And the one that we hear or read

[1:12:56] mainstream media talks about, And the one that we hear or read Most about, is really not the

[1:12:59] and the one that we hear or read Most about, is really not the True affordable housing crisis

[1:13:01] most about, is really not the True affordable housing crisis In texas.

[1:13:01] true affordable housing crisis In texas. There has always been an

[1:13:05] in texas. There has always been an Underclass of people in this

[1:13:06] there has always been an Underclass of people in this State, a group of people who

[1:13:08] underclass of people in this State, a group of people who Have been ignored by government,

[1:13:12] state, a group of people who Have been ignored by government, By the private real estate

[1:13:14] have been ignored by government, By the private real estate Industry, by our public policies

[1:13:15] by the private real estate Industry, by our public policies And laws, which has deprived

[1:13:18] industry, by our public policies And laws, which has deprived Them of the ability to have a

[1:13:20] and laws, which has deprived Them of the ability to have a Decent place to live in a

[1:13:22] them of the ability to have a Decent place to live in a Neighborhood that‘s a good place

[1:13:24] decent place to live in a Neighborhood that‘s a good place Where they want to live and

[1:13:25] neighborhood that‘s a good place Where they want to live and Where they can raise their kids

[1:13:27] where they want to live and Where they can raise their kids Safely and afford it.

[1:13:29] where they can raise their kids Safely and afford it. We gave $61 billion of property

[1:13:32] safely and afford it. We gave $61 billion of property Tax relief, and we gave $0, $0

[1:13:35] we gave $61 billion of property Tax relief, and we gave $0, $0 Of state money for affordable

[1:13:38] tax relief, and we gave $0, $0 Of state money for affordable Housing for the poor.

[1:13:38] of state money for affordable Housing for the poor. And that‘s what really makes me

[1:13:42] housing for the poor. And that‘s what really makes me Angry.

[1:13:42] and that‘s what really makes me Angry. >> the biggest shift that I see

[1:13:45] angry. >> the biggest shift that I see In the city that I know and love

[1:13:48] >> the biggest shift that I see In the city that I know and love Is the depletion of naturally

[1:13:51] in the city that I know and love Is the depletion of naturally Affordable housing

[1:13:54] is the depletion of naturally Affordable housing Opportunities.

[1:13:54] affordable housing Opportunities. I grew up in a very working

[1:13:56] opportunities. I grew up in a very working Class community in south austin,

[1:13:59] I grew up in a very working Class community in south austin, And my mom told me that the

[1:14:02] class community in south austin, And my mom told me that the First apartment that she rented

[1:14:05] and my mom told me that the First apartment that she rented Here in austin in 1989, the rent

[1:14:08] first apartment that she rented Here in austin in 1989, the rent Was $275 a month.

[1:14:11] here in austin in 1989, the rent Was $275 a month. And while we were definitely

[1:14:14] was $275 a month. And while we were definitely Living in poverty, we were

[1:14:17] and while we were definitely Living in poverty, we were Stably housed.

[1:14:18] living in poverty, we were Stably housed. >> it‘s easy to just say more

[1:14:20] stably housed. >> it‘s easy to just say more Units better versus wait, let‘s

[1:14:22] >> it‘s easy to just say more Units better versus wait, let‘s What‘s the balance here?

[1:14:24] units better versus wait, let‘s What‘s the balance here? >> I don‘t know that I‘m

[1:14:25] what‘s the balance here? >> I don‘t know that I‘m Interested in rebuilding the

[1:14:27] >> I don‘t know that I‘m Interested in rebuilding the Affordable housing system as it

[1:14:30] interested in rebuilding the Affordable housing system as it Currently exists, but I will say

[1:14:33] affordable housing system as it Currently exists, but I will say That like reimagining the

[1:14:36] currently exists, but I will say That like reimagining the Housing landscape for low income

[1:14:41] that like reimagining the Housing landscape for low income Texans is absolutely my jam.

[1:14:43] housing landscape for low income Texans is absolutely my jam. >> I‘ve seen what a group of

[1:14:46] texans is absolutely my jam. >> I‘ve seen what a group of Righteously angry people can

[1:14:48] >> I‘ve seen what a group of Righteously angry people can Accomplish when they get

[1:14:49] righteously angry people can Accomplish when they get Together and they do something.

[1:14:51] accomplish when they get Together and they do something. >> we‘re here to support that

[1:14:53] together and they do something. >> we‘re here to support that Work, not to be in front of it,

[1:14:54] >> we‘re here to support that Work, not to be in front of it, But to give you all the tools

[1:14:56] work, not to be in front of it, But to give you all the tools And the resources you need to

[1:14:57] but to give you all the tools And the resources you need to Lift up your stories and your

[1:14:59] and the resources you need to Lift up your stories and your Community and to say, when we go

[1:15:00] lift up your stories and your Community and to say, when we go To the capital, I don‘t need to

[1:15:02] community and to say, when we go To the capital, I don‘t need to Be the person who talks to the

[1:15:03] to the capital, I don‘t need to Be the person who talks to the State legislature.

[1:15:04] be the person who talks to the State legislature. I want you in that room.

[1:15:05] state legislature. I want you in that room. >> my two takeaways.

[1:15:06] I want you in that room. >> my two takeaways. Let‘s build community and let‘s

[1:15:09] >> my two takeaways. Let‘s build community and let‘s Channel our righteous anger in a

[1:15:11] let‘s build community and let‘s Channel our righteous anger in a Way that‘s productive, to expand

[1:15:14] channel our righteous anger in a Way that‘s productive, to expand And preserve affordable housing

[1:15:16] way that‘s productive, to expand And preserve affordable housing For all.

[1:15:18] and preserve affordable housing For all. >> a dignified, safe.

[1:15:22] for all. >> a dignified, safe. >> that‘s just a little teaser

[1:15:25] >> a dignified, safe. >> that‘s just a little teaser From our hatc and community

[1:15:28] >> that‘s just a little teaser From our hatc and community Podcast that we‘ve been doing

[1:15:30] from our hatc and community Podcast that we‘ve been doing For the last year and a half.

[1:15:31] podcast that we‘ve been doing For the last year and a half. And in recognition of affordable

[1:15:35] for the last year and a half. And in recognition of affordable Housing month, we had some of

[1:15:36] and in recognition of affordable Housing month, we had some of Our community advocates to come

[1:15:39] housing month, we had some of Our community advocates to come On and talk about why housing is

[1:15:43] our community advocates to come On and talk about why housing is Important.

[1:15:43] on and talk about why housing is Important. I‘m patrick howard, ceo of the

[1:15:45] important. I‘m patrick howard, ceo of the Housing authority of travis

[1:15:47] I‘m patrick howard, ceo of the Housing authority of travis County.

[1:15:47] housing authority of travis County. Been able to be in this position

[1:15:49] county. Been able to be in this position For the last 11 years.

[1:15:50] been able to be in this position For the last 11 years. So I‘m grateful for that.

[1:15:51] for the last 11 years. So I‘m grateful for that. And I‘d like to introduce my

[1:15:53] so I‘m grateful for that. And I‘d like to introduce my Board members.

[1:15:54] and I‘d like to introduce my Board members. We‘ll start.

[1:15:55] board members. We‘ll start. Well, we have our consultant

[1:15:56] we‘ll start. Well, we have our consultant Who‘s been assisting us,

[1:15:58] well, we have our consultant Who‘s been assisting us, Veronica macon, who is a long

[1:15:59] who‘s been assisting us, Veronica macon, who is a long Term housing senior

[1:16:02] veronica macon, who is a long Term housing senior Professional.

[1:16:02] term housing senior Professional. And then we have we‘ll start

[1:16:05] professional. And then we have we‘ll start With mister roberts.

[1:16:06] and then we have we‘ll start With mister roberts. You want to introduce

[1:16:09] with mister roberts. You want to introduce Yourselves?

[1:16:09] you want to introduce Yourselves? I can introduce waving.

[1:16:10] yourselves? I can introduce waving. Yeah.

[1:16:11] I can introduce waving. Yeah. [laughter]

[1:16:11] yeah. [laughter] He‘s waving.

[1:16:11] [laughter] He‘s waving. Okay.

[1:16:11] he‘s waving. Okay. Mister roberts, we have a new

[1:16:15] okay. Mister roberts, we have a new Board member.

[1:16:16] mister roberts, we have a new Board member. Our newest board member, fareed.

[1:16:19] board member. Our newest board member, fareed. And then we have jolene keane,

[1:16:22] our newest board member, fareed. And then we have jolene keane, And we have miss the chair.

[1:16:23] and then we have jolene keane, And we have miss the chair. And the vice chair apologizes

[1:16:25] and we have miss the chair. And the vice chair apologizes That they couldn‘t be here.

[1:16:26] and the vice chair apologizes That they couldn‘t be here. Cheryl brown, vice chair, and

[1:16:28] that they couldn‘t be here. Cheryl brown, vice chair, and Laura getsy could not be with us

[1:16:29] cheryl brown, vice chair, and Laura getsy could not be with us Today.

[1:16:31] laura getsy could not be with us Today. So we‘ll move forward.

[1:16:34] today. So we‘ll move forward. So just I just want to let you

[1:16:36] so we‘ll move forward. So just I just want to let you All know that despite all the

[1:16:38] so just I just want to let you All know that despite all the Challenges that you all have

[1:16:40] all know that despite all the Challenges that you all have Shared a little bit about

[1:16:40] challenges that you all have Shared a little bit about Earlier, about federal funding

[1:16:42] shared a little bit about Earlier, about federal funding And what that looks like, it‘s

[1:16:45] earlier, about federal funding And what that looks like, it‘s Affecting affordable housing and

[1:16:46] and what that looks like, it‘s Affecting affordable housing and The industry as well.

[1:16:47] affecting affordable housing and The industry as well. We are suffering from cuts to

[1:16:52] the industry as well. We are suffering from cuts to Our housing emergency housing

[1:16:54] we are suffering from cuts to Our housing emergency housing Voucher program.

[1:16:55] our housing emergency housing Voucher program. 20 vouchers will no longer be in

[1:16:57] voucher program. 20 vouchers will no longer be in Existence for us.

[1:16:58] 20 vouchers will no longer be in Existence for us. And so we‘ve been having to be

[1:17:00] existence for us. And so we‘ve been having to be Creative about how we place

[1:17:02] and so we‘ve been having to be Creative about how we place Those individuals.

[1:17:03] creative about how we place Those individuals. We have cuts to our voucher

[1:17:05] those individuals. We have cuts to our voucher Program.

[1:17:05] we have cuts to our voucher Program. You know, we went under a

[1:17:07] program. You know, we went under a Shortfall.

[1:17:07] you know, we went under a Shortfall. The community continuum of care

[1:17:11] shortfall. The community continuum of care Housing has been threatened as

[1:17:13] the community continuum of care Housing has been threatened as Well, however, and I should also

[1:17:15] housing has been threatened as Well, however, and I should also Say, because of all the

[1:17:17] well, however, and I should also Say, because of all the Financial uncertainties with the

[1:17:19] say, because of all the Financial uncertainties with the Markets, there‘s been challenges

[1:17:21] financial uncertainties with the Markets, there‘s been challenges There as well, but we remain

[1:17:22] markets, there‘s been challenges There as well, but we remain Steadfast in our commitment to

[1:17:24] there as well, but we remain Steadfast in our commitment to Obviously providing affordable

[1:17:26] steadfast in our commitment to Obviously providing affordable Housing for all that being.

[1:17:28] obviously providing affordable Housing for all that being. >> could you comment on the

[1:17:29] housing for all that being. >> could you comment on the Shortfall?

[1:17:30] >> could you comment on the Shortfall? Is that still the status?

[1:17:32] shortfall? Is that still the status? >> it is.

[1:17:33] is that still the status? >> it is. We are there.

[1:17:34] >> it is. We are there. We are being allowed to provide

[1:17:38] we are there. We are being allowed to provide Limited.

[1:17:38] we are being allowed to provide Limited. Issuance of vouchers in certain

[1:17:42] limited. Issuance of vouchers in certain Situations, but we still are in

[1:17:44] issuance of vouchers in certain Situations, but we still are in A shortfall situation.

[1:17:45] situations, but we still are in A shortfall situation. >> okay.

[1:17:46] a shortfall situation. >> okay. >> but but what is the cause of

[1:17:47] >> okay. >> but but what is the cause of That?

[1:17:48] >> but but what is the cause of That? Is that because the state is cut

[1:17:49] that? Is that because the state is cut Back onunds available for

[1:17:51] is that because the state is cut Back onunds available for Vouchers, or was it something

[1:17:53] back onunds available for Vouchers, or was it something That happened on our end?

[1:17:54] vouchers, or was it something That happened on our end? >> no, it‘s the federal federal

[1:17:56] that happened on our end? >> no, it‘s the federal federal Government has elected not to

[1:17:58] >> no, it‘s the federal federal Government has elected not to Allow us to issue vouchers

[1:18:01] government has elected not to Allow us to issue vouchers Because of projected cuts,

[1:18:05] allow us to issue vouchers Because of projected cuts, Obviously, that are being

[1:18:08] because of projected cuts, Obviously, that are being Contemplated.

[1:18:08] obviously, that are being Contemplated. So we have a.

[1:18:09] contemplated. So we have a. Nationwide problem that.

[1:18:10] so we have a. Nationwide problem that. >> is.

[1:18:10] nationwide problem that. >> is. >> not unique to us.

[1:18:11] >> is. >> not unique to us. >> that‘s what I.

[1:18:12] >> not unique to us. >> that‘s what I. >> just saw.

[1:18:13] >> that‘s what I. >> just saw. The the secretary of hud in a

[1:18:17] >> just saw. The the secretary of hud in a Senate hearing say that he

[1:18:19] the the secretary of hud in a Senate hearing say that he Expected to cut back cdbg

[1:18:22] senate hearing say that he Expected to cut back cdbg Funding.

[1:18:23] expected to cut back cdbg Funding. And there was a whole exchange

[1:18:25] funding. And there was a whole exchange Between cutting back funding and

[1:18:28] and there was a whole exchange Between cutting back funding and Turning it over to the states.

[1:18:29] between cutting back funding and Turning it over to the states. And, and representative clyrn

[1:18:33] turning it over to the states. And, and representative clyrn Told him, basically, you know,

[1:18:36] and, and representative clyrn Told him, basically, you know, That we send the money to the

[1:18:37] told him, basically, you know, That we send the money to the States so that they can set up

[1:18:39] that we send the money to the States so that they can set up Their priorities.

[1:18:40] states so that they can set up Their priorities. Don‘t you?

[1:18:40] their priorities. Don‘t you? Evidently, he didn‘t know that

[1:18:42] don‘t you? Evidently, he didn‘t know that Very well.

[1:18:43] evidently, he didn‘t know that Very well. So yeah, it‘s.

[1:18:45] very well. So yeah, it‘s. So we just need to know

[1:18:48] so yeah, it‘s. So we just need to know Ultimately what the delta is

[1:18:50] so we just need to know Ultimately what the delta is Going to be.

[1:18:51] ultimately what the delta is Going to be. What what did you have in your

[1:18:53] going to be. What what did you have in your Baseline last year that you

[1:18:55] what what did you have in your Baseline last year that you Won‘t have this year and how

[1:18:57] baseline last year that you Won‘t have this year and how That‘s going to how that‘s going

[1:18:58] won‘t have this year and how That‘s going to how that‘s going To impact us and, and what we

[1:19:00] that‘s going to how that‘s going To impact us and, and what we Can do locally to address some

[1:19:02] to impact us and, and what we Can do locally to address some Address the things that we can

[1:19:04] can do locally to address some Address the things that we can Do.

[1:19:04] address the things that we can Do. But yeah, our, our hud secretary

[1:19:07] do. But yeah, our, our hud secretary Is, well, let‘s just say wasn‘t

[1:19:10] but yeah, our, our hud secretary Is, well, let‘s just say wasn‘t The brightest bulb in the pack.

[1:19:11] is, well, let‘s just say wasn‘t The brightest bulb in the pack. >> wow.

[1:19:12] the brightest bulb in the pack. >> wow. >> well, and we obviously are

[1:19:14] >> wow. >> well, and we obviously are Monitoring that.

[1:19:14] >> well, and we obviously are Monitoring that. And I mean, there‘s several

[1:19:16] monitoring that. And I mean, there‘s several Organizations, obviously with

[1:19:18] and I mean, there‘s several Organizations, obviously with Their finger on the pulse of

[1:19:19] organizations, obviously with Their finger on the pulse of Things that are happening.

[1:19:20] their finger on the pulse of Things that are happening. So certainly if there‘s

[1:19:21] things that are happening. So certainly if there‘s Opportunities to figure out how

[1:19:23] so certainly if there‘s Opportunities to figure out how We need to get creative about

[1:19:24] opportunities to figure out how We need to get creative about Such things, we certainly will

[1:19:26] we need to get creative about Such things, we certainly will Keep you all informed.

[1:19:27] such things, we certainly will Keep you all informed. But we are obviously having to

[1:19:29] keep you all informed. But we are obviously having to Deal with trying to make

[1:19:31] but we are obviously having to Deal with trying to make Adjustments.

[1:19:31] deal with trying to make Adjustments. Again, one of the voucher

[1:19:32] adjustments. Again, one of the voucher Programs is has been eliminated.

[1:19:37] again, one of the voucher Programs is has been eliminated. And that and so we‘ve been

[1:19:39] programs is has been eliminated. And that and so we‘ve been Accommodating those individuals

[1:19:41] and that and so we‘ve been Accommodating those individuals Through other means.

[1:19:42] accommodating those individuals Through other means. That being said, again, I

[1:19:45] through other means. That being said, again, I Mentioned members of the board

[1:19:47] that being said, again, I Mentioned members of the board Here, and we‘ll just continue on

[1:19:49] mentioned members of the board Here, and we‘ll just continue on With the presentation.

[1:19:50] here, and we‘ll just continue on With the presentation. So just the key leadership.

[1:19:53] with the presentation. So just the key leadership. Again, I‘ve been around for

[1:19:55] so just the key leadership. Again, I‘ve been around for Nearly 11 years, and then we

[1:19:57] again, I‘ve been around for Nearly 11 years, and then we Have other members of the

[1:19:59] nearly 11 years, and then we Have other members of the Leadership team, including the

[1:20:01] have other members of the Leadership team, including the Long term finance director and

[1:20:03] leadership team, including the Long term finance director and Hcv director, have been there

[1:20:05] long term finance director and Hcv director, have been there For some time.

[1:20:06] hcv director, have been there For some time. I just want to share a little

[1:20:09] for some time. I just want to share a little Bit about our affordable housing

[1:20:11] I just want to share a little Bit about our affordable housing Properties, and I‘m actually

[1:20:12] bit about our affordable housing Properties, and I‘m actually Going to share a link for for

[1:20:15] properties, and I‘m actually Going to share a link for for Folks that are interested in our

[1:20:16] going to share a link for for Folks that are interested in our Housing, we do provide detailed

[1:20:20] folks that are interested in our Housing, we do provide detailed Information via a link on our

[1:20:21] housing, we do provide detailed Information via a link on our Website that provides

[1:20:24] information via a link on our Website that provides Information about eligibility

[1:20:26] website that provides Information about eligibility And location and the like.

[1:20:27] information about eligibility And location and the like. We have six properties, two of

[1:20:30] and location and the like. We have six properties, two of Which are senior buildings in

[1:20:31] we have six properties, two of Which are senior buildings in The city of maynard.

[1:20:32] which are senior buildings in The city of maynard. And the balance of those four

[1:20:35] the city of maynard. And the balance of those four Are family sites throughout

[1:20:37] and the balance of those four Are family sites throughout Travis county, which you all are

[1:20:38] are family sites throughout Travis county, which you all are Pretty familiar with.

[1:20:39] travis county, which you all are Pretty familiar with. So if you looked at this link

[1:20:41] pretty familiar with. So if you looked at this link Not working, so the link‘s not

[1:20:43] so if you looked at this link Not working, so the link‘s not Working, but there is a link

[1:20:44] not working, so the link‘s not Working, but there is a link There and it typically works.

[1:20:46] working, but there is a link There and it typically works. Oh, there it is.

[1:20:47] there and it typically works. Oh, there it is. So you can see locations of the

[1:20:50] oh, there it is. So you can see locations of the Properties and click further.

[1:20:52] so you can see locations of the Properties and click further. It‘ll tell you details about

[1:20:54] properties and click further. It‘ll tell you details about Some of the eligibility and the

[1:20:56] it‘ll tell you details about Some of the eligibility and the Like.

[1:20:56] some of the eligibility and the Like. So that does exist.

[1:20:58] like. So that does exist. >> so can I ask the total number

[1:21:00] so that does exist. >> so can I ask the total number Of units that are available in

[1:21:03] >> so can I ask the total number Of units that are available in These properties that are

[1:21:04] of units that are available in These properties that are Already open?

[1:21:04] these properties that are Already open? And if there are, if there‘s

[1:21:07] already open? And if there are, if there‘s Much vacancy, I know a number of

[1:21:11] and if there are, if there‘s Much vacancy, I know a number of Programs around the community

[1:21:12] much vacancy, I know a number of Programs around the community Are seeing vacancies because

[1:21:13] programs around the community Are seeing vacancies because There‘s a lot of competition

[1:21:14] are seeing vacancies because There‘s a lot of competition With a lot of apartment units

[1:21:16] there‘s a lot of competition With a lot of apartment units Coming online.

[1:21:16] with a lot of apartment units Coming online. And I‘m just interested to know.

[1:21:18] coming online. And I‘m just interested to know. >> not for.

[1:21:18] and I‘m just interested to know. >> not for. >> deeply affordable units, as

[1:21:20] >> not for. >> deeply affordable units, as You know, housing, housing

[1:21:21] >> deeply affordable units, as You know, housing, housing Authority properties are housing

[1:21:22] you know, housing, housing Authority properties are housing Of last resort.

[1:21:23] authority properties are housing Of last resort. So zero income renters can

[1:21:25] of last resort. So zero income renters can Obviously live in affordable

[1:21:26] so zero income renters can Obviously live in affordable Housing where otherwise they

[1:21:27] obviously live in affordable Housing where otherwise they Couldn‘t in other places.

[1:21:28] housing where otherwise they Couldn‘t in other places. So we do not have very many

[1:21:30] couldn‘t in other places. So we do not have very many Vacancies.

[1:21:30] so we do not have very many Vacancies. We have 174 units collectively,

[1:21:34] vacancies. We have 174 units collectively, 53 of those are the two senior

[1:21:36] we have 174 units collectively, 53 of those are the two senior Buildings in the city of

[1:21:37] 53 of those are the two senior Buildings in the city of Maynard.

[1:21:37] buildings in the city of Maynard. And then the balance of those

[1:21:39] maynard. And then the balance of those Are family units of one, two,

[1:21:42] and then the balance of those Are family units of one, two, Three, four bedroom units.

[1:21:43] are family units of one, two, Three, four bedroom units. >> so of.

[1:21:44] three, four bedroom units. >> so of. >> all the six buildings that

[1:21:45] >> so of. >> all the six buildings that You have on that list, there are

[1:21:46] >> all the six buildings that You have on that list, there are 100.

[1:21:47] you have on that list, there are 100. >> and 74 units.

[1:21:48] 100. >> and 74 units. >> 174 vacancies.

[1:21:50] >> and 74 units. >> 174 vacancies. >> okay.

[1:21:50] >> 174 vacancies. >> okay. >> the voucher program.

[1:21:52] >> okay. >> the voucher program. Okay.

[1:21:53] >> the voucher program. Okay. Yes.

[1:21:53] okay. Yes. And here they are.

[1:21:55] yes. And here they are. Okay.

[1:21:58] and here they are. Okay. Just a bit about the voucher

[1:21:59] okay. Just a bit about the voucher Program before we go to that.

[1:22:00] just a bit about the voucher Program before we go to that. So our voucher program, we have

[1:22:03] program before we go to that. So our voucher program, we have 691 units.

[1:22:04] so our voucher program, we have 691 units. The traditional vouchers.

[1:22:06] 691 units. The traditional vouchers. And then we have 49 mainstream

[1:22:08] the traditional vouchers. And then we have 49 mainstream Units, which are specifically

[1:22:10] and then we have 49 mainstream Units, which are specifically For specific segment of the

[1:22:12] units, which are specifically For specific segment of the Population.

[1:22:13] for specific segment of the Population. So 740 vouchers that we were

[1:22:16] population. So 740 vouchers that we were Able to actually distribute.

[1:22:17] so 740 vouchers that we were Able to actually distribute. We‘re not obviously that‘s going

[1:22:19] able to actually distribute. We‘re not obviously that‘s going Away.

[1:22:20] we‘re not obviously that‘s going Away. And then continuum of care, we

[1:22:22] away. And then continuum of care, we Obviously offer funding through

[1:22:24] and then continuum of care, we Obviously offer funding through That program, which equates to

[1:22:27] obviously offer funding through That program, which equates to About 74 families on average a

[1:22:29] that program, which equates to About 74 families on average a Year.

[1:22:30] about 74 families on average a Year. It depends on obviously, bedroom

[1:22:31] year. It depends on obviously, bedroom Size because it‘s a grant.

[1:22:32] it depends on obviously, bedroom Size because it‘s a grant. And of course, as I mentioned,

[1:22:35] size because it‘s a grant. And of course, as I mentioned, That grant, the reduction looks

[1:22:37] and of course, as I mentioned, That grant, the reduction looks Like maybe about 4 million for

[1:22:38] that grant, the reduction looks Like maybe about 4 million for This region this year.

[1:22:40] like maybe about 4 million for This region this year. With the continuum of care

[1:22:42] this region this year. With the continuum of care Grant.

[1:22:42] with the continuum of care Grant. So that means those families

[1:22:45] grant. So that means those families Will we won‘t be able to serve

[1:22:46] so that means those families Will we won‘t be able to serve As many families as a region

[1:22:49] will we won‘t be able to serve As many families as a region Through that grant program.

[1:22:51] as many families as a region Through that grant program. >> so a $4 million reduction is

[1:22:53] through that grant program. >> so a $4 million reduction is How much of a reduction?

[1:22:54] >> so a $4 million reduction is How much of a reduction? >> well, we don‘t know yet.

[1:22:55] how much of a reduction? >> well, we don‘t know yet. Obviously, we‘re it‘s.

[1:22:56] >> well, we don‘t know yet. Obviously, we‘re it‘s. >> you know what your budget is

[1:22:58] obviously, we‘re it‘s. >> you know what your budget is Now, right?

[1:22:58] >> you know what your budget is Now, right? >> right.

[1:22:59] now, right? >> right. We have 1.4 million that we‘ve

[1:23:01] >> right. We have 1.4 million that we‘ve Got awarded traditionally in the

[1:23:03] we have 1.4 million that we‘ve Got awarded traditionally in the Last few years.

[1:23:04] got awarded traditionally in the Last few years. So of course, right now they‘re

[1:23:06] last few years. So of course, right now they‘re Review applications are due.

[1:23:08] so of course, right now they‘re Review applications are due. And so it depends on how that‘s

[1:23:10] review applications are due. And so it depends on how that‘s Funded.

[1:23:10] and so it depends on how that‘s Funded. But the region overall is going

[1:23:12] funded. But the region overall is going To see a $4 million reduction

[1:23:16] but the region overall is going To see a $4 million reduction Likely, which would mean it

[1:23:17] to see a $4 million reduction Likely, which would mean it Would be distributed amongst the

[1:23:19] likely, which would mean it Would be distributed amongst the The parties that are

[1:23:22] would be distributed amongst the The parties that are Participants.

[1:23:22] the parties that are Participants. >> grant to the coc.

[1:23:23] participants. >> grant to the coc. >> right.

[1:23:23] >> grant to the coc. >> right. >> which manages and spreads out

[1:23:26] >> right. >> which manages and spreads out To like 11 different.

[1:23:28] >> which manages and spreads out To like 11 different. >> that is correct.

[1:23:28] to like 11 different. >> that is correct. >> contracts.

[1:23:29] >> that is correct. >> contracts. And that‘s what‘s receiving a $4

[1:23:32] >> contracts. And that‘s what‘s receiving a $4 Million rough cut to our

[1:23:35] and that‘s what‘s receiving a $4 Million rough cut to our Community grant from hud, if you

[1:23:37] million rough cut to our Community grant from hud, if you Will.

[1:23:37] community grant from hud, if you Will. >> and the community is defined

[1:23:38] will. >> and the community is defined As just travis county or is it.

[1:23:39] >> and the community is defined As just travis county or is it. >> multi county, the geographic

[1:23:42] as just travis county or is it. >> multi county, the geographic Area, echo is the lead and

[1:23:44] >> multi county, the geographic Area, echo is the lead and Caritas lifeworks family.

[1:23:46] area, echo is the lead and Caritas lifeworks family. >> that is correct.

[1:23:47] caritas lifeworks family. >> that is correct. Yes.

[1:23:47] >> that is correct. Yes. >> all these nonprofits get some

[1:23:50] yes. >> all these nonprofits get some Of that money for different

[1:23:52] >> all these nonprofits get some Of that money for different Pieces of the continuum.

[1:23:53] of that money for different Pieces of the continuum. >> and that $4 million cut

[1:23:55] pieces of the continuum. >> and that $4 million cut Represents a 10% cut.

[1:23:56] >> and that $4 million cut Represents a 10% cut. >> 50.

[1:23:56] represents a 10% cut. >> 50. >> 40, 30.

[1:23:57] >> 50. >> 40, 30. >> it‘s just wondering.

[1:23:59] >> 40, 30. >> it‘s just wondering. >> what the size of the cut is.

[1:24:02] >> it‘s just wondering. >> what the size of the cut is. >> about 10%.

[1:24:03] >> what the size of the cut is. >> about 10%. My understanding.

[1:24:06] >> about 10%. My understanding. >> and the total, the what did

[1:24:08] my understanding. >> and the total, the what did You say?

[1:24:08] >> and the total, the what did You say? 704 total vouchers.

[1:24:11] you say? 704 total vouchers. Does that include the.

[1:24:12] 704 total vouchers. Does that include the. 740 740?

[1:24:14] does that include the. 740 740? Does that include the 174 units

[1:24:17] 740 740? Does that include the 174 units In the six buildings?

[1:24:19] does that include the 174 units In the six buildings? >> no, ma‘am.

[1:24:19] in the six buildings? >> no, ma‘am. >> that so the vouchers are in

[1:24:21] >> no, ma‘am. >> that so the vouchers are in Addition to.

[1:24:22] >> that so the vouchers are in Addition to. >> those vouchers is separate a

[1:24:23] addition to. >> those vouchers is separate a Separate program?

[1:24:24] >> those vouchers is separate a Separate program? Yes.

[1:24:24] separate program? Yes. >> okay.

[1:24:25] yes. >> okay. Thank you.

[1:24:27] >> okay. Thank you. >> okay.

[1:24:32] thank you. >> okay. And then with respect to our

[1:24:34] >> okay. And then with respect to our Partnership properties, we do

[1:24:36] and then with respect to our Partnership properties, we do Have properties throughout the

[1:24:39] partnership properties, we do Have properties throughout the County.

[1:24:39] have properties throughout the County. We actually celebrated our first

[1:24:43] county. We actually celebrated our first Tax credit property.

[1:24:44] we actually celebrated our first Tax credit property. Groundbreaking on yesterday in

[1:24:48] tax credit property. Groundbreaking on yesterday in Southeast southeast austin off

[1:24:50] groundbreaking on yesterday in Southeast southeast austin off East slaughter called sonora.

[1:24:52] southeast southeast austin off East slaughter called sonora. So that won‘t be shown here.

[1:24:55] east slaughter called sonora. So that won‘t be shown here. But we had the groundbreaking on

[1:24:57] so that won‘t be shown here. But we had the groundbreaking on Just yesterday.

[1:24:58] but we had the groundbreaking on Just yesterday. So we are continuing to partner

[1:25:01] just yesterday. So we are continuing to partner With entities to obviously

[1:25:03] so we are continuing to partner With entities to obviously Expand the supply of affordable

[1:25:05] with entities to obviously Expand the supply of affordable Housing, as many of the other

[1:25:06] expand the supply of affordable Housing, as many of the other Partners are here today, doing

[1:25:08] housing, as many of the other Partners are here today, doing Very much the same thing.

[1:25:09] partners are here today, doing Very much the same thing. >> so the units that are under

[1:25:11] very much the same thing. >> so the units that are under Construction on this map,

[1:25:12] >> so the units that are under Construction on this map, There‘s one, two, three, four,

[1:25:14] construction on this map, There‘s one, two, three, four, Five, six.

[1:25:14] there‘s one, two, three, four, Five, six. What‘s the total additional

[1:25:17] five, six. What‘s the total additional Units that that would provide?

[1:25:20] what‘s the total additional Units that that would provide? And is that the right way to

[1:25:20] units that that would provide? And is that the right way to Look at it?

[1:25:21] and is that the right way to Look at it? Since they‘re under construction

[1:25:22] look at it? Since they‘re under construction They‘re not available now.

[1:25:23] since they‘re under construction They‘re not available now. So when they‘re completed these

[1:25:26] they‘re not available now. So when they‘re completed these Would be new units that would be

[1:25:27] so when they‘re completed these Would be new units that would be Available.

[1:25:27] would be new units that would be Available. >> that‘s correct.

[1:25:29] available. >> that‘s correct. If you.

[1:25:30] >> that‘s correct. If you. >> just roughly.

[1:25:31] if you. >> just roughly. >> so we‘re talking about.

[1:25:34] >> just roughly. >> so we‘re talking about. Approximately.

[1:25:44] >> so we‘re talking about. Approximately. 1200.

[1:25:45] approximately. 1200. And what we decided to do is

[1:25:48] 1200. And what we decided to do is Obviously look at the properties

[1:25:50] and what we decided to do is Obviously look at the properties Under construction as opposed to

[1:25:51] obviously look at the properties Under construction as opposed to Those that have received

[1:25:52] under construction as opposed to Those that have received Entitlements, because that may

[1:25:54] those that have received Entitlements, because that may Mean that the financing is not

[1:25:55] entitlements, because that may Mean that the financing is not In place and that might not

[1:25:57] mean that the financing is not In place and that might not Happen.

[1:25:57] in place and that might not Happen. And so we to be conservative

[1:25:58] happen. And so we to be conservative About the number, we decided we

[1:26:00] and so we to be conservative About the number, we decided we Were going to only talk about

[1:26:01] about the number, we decided we Were going to only talk about Those that were under

[1:26:03] were going to only talk about Those that were under Construction.

[1:26:03] those that were under Construction. So we‘re talking about about

[1:26:05] construction. So we‘re talking about about 1200 under construction.

[1:26:06] so we‘re talking about about 1200 under construction. >> so those would be new units

[1:26:07] 1200 under construction. >> so those would be new units That would be available as

[1:26:09] >> so those would be new units That would be available as Deeply affordable units.

[1:26:10] that would be available as Deeply affordable units. >> that is.

[1:26:10] deeply affordable units. >> that is. >> well, let me not.

[1:26:12] >> that is. >> well, let me not. So not deeply affordable as in

[1:26:15] >> well, let me not. So not deeply affordable as in All 30 units.

[1:26:16] so not deeply affordable as in All 30 units. We‘re talking about anything

[1:26:17] all 30 units. We‘re talking about anything From 60, 60%, 80% units, 60%

[1:26:21] we‘re talking about anything From 60, 60%, 80% units, 60% Units, 30%.

[1:26:22] from 60, 60%, 80% units, 60% Units, 30%. >> units, okay.

[1:26:22] units, 30%. >> units, okay. 50% units.

[1:26:25] >> units, okay. 50% units. >> all right.

[1:26:27] 50% units. >> all right. So with respect to our existing

[1:26:32] >> all right. So with respect to our existing Inventory, as you know, over the

[1:26:33] so with respect to our existing Inventory, as you know, over the Years, we‘ve had properties that

[1:26:35] inventory, as you know, over the Years, we‘ve had properties that Have been aging and there‘s been

[1:26:38] years, we‘ve had properties that Have been aging and there‘s been A renewed commitment to

[1:26:39] have been aging and there‘s been A renewed commitment to Obviously preserve those.

[1:26:41] a renewed commitment to Obviously preserve those. And so we‘ve spent a significant

[1:26:43] obviously preserve those. And so we‘ve spent a significant Amount of funding of our own

[1:26:44] and so we‘ve spent a significant Amount of funding of our own Funding to rehab these

[1:26:46] amount of funding of our own Funding to rehab these Properties.

[1:26:46] funding to rehab these Properties. In addition to those we‘ve

[1:26:47] properties. In addition to those we‘ve Received from the state as well.

[1:26:49] in addition to those we‘ve Received from the state as well. So this is an example of

[1:26:52] received from the state as well. So this is an example of Rehabilitation that‘s going on

[1:26:54] so this is an example of Rehabilitation that‘s going on At eastern oaks, summit oaks,

[1:26:55] rehabilitation that‘s going on At eastern oaks, summit oaks, Alexander oaks.

[1:26:56] at eastern oaks, summit oaks, Alexander oaks. And then we are doing really

[1:26:59] alexander oaks. And then we are doing really Significant rehabilitation at

[1:27:01] and then we are doing really Significant rehabilitation at Our property at mentor town,

[1:27:03] significant rehabilitation at Our property at mentor town, Which is funding that.

[1:27:04] our property at mentor town, Which is funding that. We‘re using our own to do that

[1:27:07] which is funding that. We‘re using our own to do that Work.

[1:27:08] we‘re using our own to do that Work. And that‘s 33 units in the

[1:27:10] work. And that‘s 33 units in the Maynard town building in the

[1:27:12] and that‘s 33 units in the Maynard town building in the City of maynor.

[1:27:14] maynard town building in the City of maynor. I know there‘s always been

[1:27:16] city of maynor. I know there‘s always been Questions about how you achieve

[1:27:19] I know there‘s always been Questions about how you achieve Compliance and how we go about

[1:27:21] questions about how you achieve Compliance and how we go about Doing that.

[1:27:21] compliance and how we go about Doing that. We we do enlist the help of a

[1:27:26] doing that. We we do enlist the help of a Third party provider to assist

[1:27:28] we we do enlist the help of a Third party provider to assist Us with that work.

[1:27:29] third party provider to assist Us with that work. In addition to, obviously, those

[1:27:31] us with that work. In addition to, obviously, those That are required through the

[1:27:33] in addition to, obviously, those That are required through the Funding providers as well, which

[1:27:36] that are required through the Funding providers as well, which Is primarily td tdhca in the

[1:27:38] funding providers as well, which Is primarily td tdhca in the City of austin.

[1:27:41] is primarily td tdhca in the City of austin. And so.

[1:27:42] city of austin. And so. Additionally, obviously through

[1:27:44] and so. Additionally, obviously through Our third party property

[1:27:46] additionally, obviously through Our third party property Management management company

[1:27:47] our third party property Management management company That manages our entire

[1:27:49] management management company That manages our entire Portfolio of 174, we also have

[1:27:51] that manages our entire Portfolio of 174, we also have Internal compliance entity

[1:27:54] portfolio of 174, we also have Internal compliance entity Within that group to do that

[1:27:56] internal compliance entity Within that group to do that Same work.

[1:27:59] within that group to do that Same work. So I did talk a little bit about

[1:28:01] same work. So I did talk a little bit about The voucher program.

[1:28:02] so I did talk a little bit about The voucher program. Here‘s a more detailed breakdown

[1:28:04] the voucher program. Here‘s a more detailed breakdown About the voucher program.

[1:28:06] here‘s a more detailed breakdown About the voucher program. Port ns means that there are

[1:28:08] about the voucher program. Port ns means that there are Property.

[1:28:08] port ns means that there are Property. There are someone‘s coming to

[1:28:09] property. There are someone‘s coming to This region with a voucher in

[1:28:11] there are someone‘s coming to This region with a voucher in Hand, and that we are the entity

[1:28:14] this region with a voucher in Hand, and that we are the entity Either us typically, or the city

[1:28:16] hand, and that we are the entity Either us typically, or the city Of austin‘s housing authority

[1:28:17] either us typically, or the city Of austin‘s housing authority Will be managing that voucher on

[1:28:21] of austin‘s housing authority Will be managing that voucher on Behalf of the.

[1:28:21] will be managing that voucher on Behalf of the. That individual.

[1:28:24] behalf of the. That individual. So there‘s port ins, port outs

[1:28:25] that individual. So there‘s port ins, port outs When they actually move to

[1:28:26] so there‘s port ins, port outs When they actually move to Another location.

[1:28:27] when they actually move to Another location. We have stability vouchers,

[1:28:30] another location. We have stability vouchers, Emergency housing vouchers I

[1:28:31] we have stability vouchers, Emergency housing vouchers I Mentioned is going away

[1:28:33] emergency housing vouchers I Mentioned is going away Mainstream.

[1:28:34] mentioned is going away Mainstream. We have the 49 and then the

[1:28:36] mainstream. We have the 49 and then the Additional vouchers make up the

[1:28:39] we have the 49 and then the Additional vouchers make up the 691 vouchers that I made mention

[1:28:40] additional vouchers make up the 691 vouchers that I made mention Of.

[1:28:42] 691 vouchers that I made mention Of. >> what‘s the 434 category.

[1:28:44] of. >> what‘s the 434 category. >> so 434 is what‘s the the 740

[1:28:49] >> what‘s the 434 category. >> so 434 is what‘s the the 740 Minus the 40, 49 mainstream

[1:28:52] >> so 434 is what‘s the the 740 Minus the 40, 49 mainstream Vouchers, minus the 20 that are

[1:28:55] minus the 40, 49 mainstream Vouchers, minus the 20 that are Stability vouchers.

[1:28:56] vouchers, minus the 20 that are Stability vouchers. So 740 collectively, the 434 is

[1:29:01] stability vouchers. So 740 collectively, the 434 is A balance of what‘s not split

[1:29:03] so 740 collectively, the 434 is A balance of what‘s not split Out with the other program.

[1:29:04] a balance of what‘s not split Out with the other program. So again 740 is the number if

[1:29:07] out with the other program. So again 740 is the number if You‘re looking for a specific

[1:29:09] so again 740 is the number if You‘re looking for a specific Number of the total number of

[1:29:10] you‘re looking for a specific Number of the total number of Vouchers, this might be more

[1:29:11] number of the total number of Vouchers, this might be more Detail, might know the details,

[1:29:13] vouchers, this might be more Detail, might know the details, Might be throwing you off, but.

[1:29:14] detail, might know the details, Might be throwing you off, but. >> this is very helpful.

[1:29:15] might be throwing you off, but. >> this is very helpful. My question was what category is

[1:29:17] >> this is very helpful. My question was what category is That.

[1:29:18] my question was what category is That. 434 blue.

[1:29:19] that. 434 blue. I can‘t distinguish the blues

[1:29:20] 434 blue. I can‘t distinguish the blues And the.

[1:29:21] I can‘t distinguish the blues And the. >> that‘s the traditional

[1:29:22] and the. >> that‘s the traditional Housing choice voucher that‘s

[1:29:23] >> that‘s the traditional Housing choice voucher that‘s Not designated for a specific

[1:29:25] housing choice voucher that‘s Not designated for a specific Purpose.

[1:29:25] not designated for a specific Purpose. Sorry.

[1:29:26] purpose. Sorry. It‘s a very it‘s hard.

[1:29:27] sorry. It‘s a very it‘s hard. It‘s hard to see.

[1:29:28] it‘s a very it‘s hard. It‘s hard to see. But the very first category of

[1:29:30] it‘s hard to see. But the very first category of Housing choice vouchers.

[1:29:31] but the very first category of Housing choice vouchers. So those that are not elderly,

[1:29:35] housing choice vouchers. So those that are not elderly, Disabled or project based or.

[1:29:36] so those that are not elderly, Disabled or project based or. >> voucher.

[1:29:37] disabled or project based or. >> voucher. >> that is correct.

[1:29:38] >> voucher. >> that is correct. So that.

[1:29:39] >> that is correct. So that. So the traditional.

[1:29:41] so that. So the traditional. Conventional vouchers, the 434.

[1:29:46] so the traditional. Conventional vouchers, the 434. >> section eight kind of

[1:29:49] conventional vouchers, the 434. >> section eight kind of Voucher.

[1:29:49] >> section eight kind of Voucher. >> well, they‘re all section

[1:29:51] voucher. >> well, they‘re all section Eight, but some are specialty

[1:29:53] >> well, they‘re all section Eight, but some are specialty Vouchers that aren‘t designated

[1:29:55] eight, but some are specialty Vouchers that aren‘t designated For a specific purpose.

[1:29:56] vouchers that aren‘t designated For a specific purpose. >> okay.

[1:29:56] for a specific purpose. >> okay. >> right.

[1:29:59] >> okay. >> right. >> and we have family

[1:30:01] >> right. >> and we have family Unification ones, but we don‘t

[1:30:03] >> and we have family Unification ones, but we don‘t Have any of the youth specific

[1:30:05] unification ones, but we don‘t Have any of the youth specific Ones yet.

[1:30:05] have any of the youth specific Ones yet. >> we we don‘t we as in hatc.

[1:30:09] ones yet. >> we we don‘t we as in hatc. >> okay.

[1:30:12] >> we we don‘t we as in hatc. >> okay. >> that might change in the

[1:30:13] >> okay. >> that might change in the Future.

[1:30:13] >> that might change in the Future. But as of as of current, we

[1:30:15] future. But as of as of current, we Don‘t.

[1:30:15] but as of as of current, we Don‘t. So just an idea about sort of

[1:30:18] don‘t. So just an idea about sort of The distribution kind of gives

[1:30:21] so just an idea about sort of The distribution kind of gives You numbers of where folks are

[1:30:24] the distribution kind of gives You numbers of where folks are Located.

[1:30:24] you numbers of where folks are Located. Obviously, the majority of those

[1:30:27] located. Obviously, the majority of those Of the 740 live generally east

[1:30:30] obviously, the majority of those Of the 740 live generally east Of I-35, which is no surprise to

[1:30:32] of the 740 live generally east Of I-35, which is no surprise to Anyone.

[1:30:35] of I-35, which is no surprise to Anyone. But we are getting more of a

[1:30:37] anyone. But we are getting more of a Distribution.

[1:30:37] but we are getting more of a Distribution. We‘re happy to see that.

[1:30:39] distribution. We‘re happy to see that. Obviously, the idea of

[1:30:41] we‘re happy to see that. Obviously, the idea of Continuing to recruit landlords

[1:30:43] obviously, the idea of Continuing to recruit landlords In areas, otherwise they

[1:30:44] continuing to recruit landlords In areas, otherwise they Wouldn‘t be.

[1:30:45] in areas, otherwise they Wouldn‘t be. Available or willing is

[1:30:50] wouldn‘t be. Available or willing is Something that we continue to

[1:30:51] available or willing is Something that we continue to Work on, but that is just a

[1:30:53] something that we continue to Work on, but that is just a General idea about the

[1:30:54] work on, but that is just a General idea about the Distribution of our vouchers.

[1:30:56] general idea about the Distribution of our vouchers. >> so the one unit, it looks

[1:30:59] distribution of our vouchers. >> so the one unit, it looks Like that‘s out in the hills in

[1:31:01] >> so the one unit, it looks Like that‘s out in the hills in Lakeway, is that just a

[1:31:03] like that‘s out in the hills in Lakeway, is that just a Landlord?

[1:31:03] lakeway, is that just a Landlord? Were contracting with for.

[1:31:06] landlord? Were contracting with for. >> yes, one unit.

[1:31:07] were contracting with for. >> yes, one unit. >> one unit.

[1:31:08] >> yes, one unit. >> one unit. >> so that‘s probably a house.

[1:31:10] >> one unit. >> so that‘s probably a house. >> yeah.

[1:31:11] >> so that‘s probably a house. >> yeah. >> it‘s probably a house.

[1:31:14] >> yeah. >> it‘s probably a house. It could be an apartment with

[1:31:15] >> it‘s probably a house. It could be an apartment with One unit.

[1:31:16] it could be an apartment with One unit. It could be, I don‘t know, off

[1:31:17] one unit. It could be, I don‘t know, off The top of my head.

[1:31:18] it could be, I don‘t know, off The top of my head. But typically when you find

[1:31:20] the top of my head. But typically when you find Areas, those areas, typically

[1:31:22] but typically when you find Areas, those areas, typically You will find probably a single

[1:31:23] areas, those areas, typically You will find probably a single Family detached house, a small,

[1:31:25] you will find probably a single Family detached house, a small, Small unit.

[1:31:26] family detached house, a small, Small unit. >> okay.

[1:31:26] small unit. >> okay. >> thank you.

[1:31:26] >> okay. >> thank you. In most cases.

[1:31:29] >> thank you. In most cases. We made mention of this before.

[1:31:33] in most cases. We made mention of this before. We have received a designation

[1:31:36] we made mention of this before. We have received a designation As a moving to work agency.

[1:31:37] we have received a designation As a moving to work agency. There‘s only 139 136.

[1:31:43] as a moving to work agency. There‘s only 139 136. Housing authorities that have

[1:31:49] there‘s only 139 136. Housing authorities that have This designation, and we happen

[1:31:51] housing authorities that have This designation, and we happen To be one of those had decided

[1:31:53] this designation, and we happen To be one of those had decided To expand on the original 39

[1:31:56] to be one of those had decided To expand on the original 39 Back in 2018, and we received

[1:31:59] to expand on the original 39 Back in 2018, and we received The opportunity to apply and

[1:32:02] back in 2018, and we received The opportunity to apply and Were designated as such.

[1:32:03] the opportunity to apply and Were designated as such. What that does is provide some

[1:32:05] were designated as such. What that does is provide some Flexible flexibility as it

[1:32:06] what that does is provide some Flexible flexibility as it Relates to some of the federal

[1:32:08] flexible flexibility as it Relates to some of the federal Standards related to how you run

[1:32:09] relates to some of the federal Standards related to how you run Your program.

[1:32:11] standards related to how you run Your program. So we‘ve tried to leverage that

[1:32:13] your program. So we‘ve tried to leverage that In order to make to promote

[1:32:16] so we‘ve tried to leverage that In order to make to promote Self-sufficiency.

[1:32:17] in order to make to promote Self-sufficiency. So case in point, as an example.

[1:32:18] self-sufficiency. So case in point, as an example. Someone earning more income,

[1:32:21] so case in point, as an example. Someone earning more income, They got a raise at their job.

[1:32:23] someone earning more income, They got a raise at their job. We don‘t require you to come in

[1:32:25] they got a raise at their job. We don‘t require you to come in And do an interim

[1:32:27] we don‘t require you to come in And do an interim Recertification with the idea

[1:32:29] and do an interim Recertification with the idea That you would save those funds

[1:32:30] recertification with the idea That you would save those funds And be able to obviously become

[1:32:33] that you would save those funds And be able to obviously become More self-sufficient, as an

[1:32:34] and be able to obviously become More self-sufficient, as an Example.

[1:32:34] more self-sufficient, as an Example. But the traditional program

[1:32:36] example. But the traditional program Doesn‘t allow you to do that.

[1:32:37] but the traditional program Doesn‘t allow you to do that. You would have to make an

[1:32:39] doesn‘t allow you to do that. You would have to make an Adjustment in your you would

[1:32:41] you would have to make an Adjustment in your you would Have to go in and come in, do a

[1:32:43] adjustment in your you would Have to go in and come in, do a Recertification.

[1:32:44] have to go in and come in, do a Recertification. And that would mean your rent,

[1:32:45] recertification. And that would mean your rent, Your rent would go up.

[1:32:45] and that would mean your rent, Your rent would go up. >> is that what that second

[1:32:47] your rent would go up. >> is that what that second Bullet means?

[1:32:47] >> is that what that second Bullet means? Promote self-sufficiency,

[1:32:49] bullet means? Promote self-sufficiency, Provide incentives for families

[1:32:50] promote self-sufficiency, Provide incentives for families To find employment increase.

[1:32:52] provide incentives for families To find employment increase. >> that is, that isn‘t one

[1:32:53] to find employment increase. >> that is, that isn‘t one Example of such.

[1:32:54] >> that is, that isn‘t one Example of such. Yes, ma‘am.

[1:32:56] example of such. Yes, ma‘am. >> congrats.

[1:32:58] yes, ma‘am. >> congrats. >> so again, we talked about coc

[1:33:01] >> congrats. >> so again, we talked about coc And for a while obviously that

[1:33:04] >> so again, we talked about coc And for a while obviously that Funding is is there‘s some

[1:33:06] and for a while obviously that Funding is is there‘s some Uncertainty there.

[1:33:07] funding is is there‘s some Uncertainty there. But the providers in the area

[1:33:09] uncertainty there. But the providers in the area Have all been working together.

[1:33:10] but the providers in the area Have all been working together. We got early on, we got some

[1:33:15] have all been working together. We got early on, we got some Notification that we were going

[1:33:16] we got early on, we got some Notification that we were going To have to do a, an application.

[1:33:18] notification that we were going To have to do a, an application. So in the fall, we all were

[1:33:19] to have to do a, an application. So in the fall, we all were Pulling together and putting

[1:33:20] so in the fall, we all were Pulling together and putting Together application.

[1:33:21] pulling together and putting Together application. They suspended that.

[1:33:22] together application. They suspended that. So now we‘re back on the

[1:33:23] they suspended that. So now we‘re back on the Original schedule because it‘s

[1:33:24] so now we‘re back on the Original schedule because it‘s Supposed to be biennial.

[1:33:25] original schedule because it‘s Supposed to be biennial. So so it changes from day to day

[1:33:30] supposed to be biennial. So so it changes from day to day To day, unfortunately.

[1:33:30] so so it changes from day to day To day, unfortunately. But we, we know that there are

[1:33:33] to day, unfortunately. But we, we know that there are Shortfall a, a reduction in the

[1:33:36] but we, we know that there are Shortfall a, a reduction in the Amount of funds is coming.

[1:33:37] shortfall a, a reduction in the Amount of funds is coming. And so we‘re all trying to plan

[1:33:40] amount of funds is coming. And so we‘re all trying to plan Accordingly for such.

[1:33:40] and so we‘re all trying to plan Accordingly for such. But obviously that is a very

[1:33:43] accordingly for such. But obviously that is a very Critical program, as in the

[1:33:44] but obviously that is a very Critical program, as in the Homeless space.

[1:33:45] critical program, as in the Homeless space. And we hope that we can continue

[1:33:47] homeless space. And we hope that we can continue To provide that service.

[1:33:48] and we hope that we can continue To provide that service. >> and patrick, I think it could

[1:33:50] to provide that service. >> and patrick, I think it could Be upwards of a 30% cut to the

[1:33:52] >> and patrick, I think it could Be upwards of a 30% cut to the Coc funding.

[1:33:53] be upwards of a 30% cut to the Coc funding. >> you are correct.

[1:33:55] coc funding. >> you are correct. Yeah.

[1:33:55] >> you are correct. Yeah. You.

[1:33:55] yeah. You. Yes, that‘s probably more

[1:33:57] you. Yes, that‘s probably more Accurate.

[1:33:57] yes, that‘s probably more Accurate. Thank you.

[1:34:00] accurate. Thank you. Not better news, but it is more

[1:34:03] thank you. Not better news, but it is more More accurate as it relates to

[1:34:05] not better news, but it is more More accurate as it relates to What we‘re dealing with.

[1:34:06] more accurate as it relates to What we‘re dealing with. So we were successful for years.

[1:34:10] what we‘re dealing with. So we were successful for years. We had not had a family

[1:34:12] so we were successful for years. We had not had a family Self-sufficiency program.

[1:34:13] we had not had a family Self-sufficiency program. We did have a foundation that

[1:34:14] self-sufficiency program. We did have a foundation that Was doing some work.

[1:34:15] we did have a foundation that Was doing some work. But we‘re excited about the fact

[1:34:17] was doing some work. But we‘re excited about the fact That for the last year, we‘ve

[1:34:19] but we‘re excited about the fact That for the last year, we‘ve Had a family self-sufficiency

[1:34:21] that for the last year, we‘ve Had a family self-sufficiency Program.

[1:34:21] had a family self-sufficiency Program. You‘ll hear from one of our

[1:34:23] program. You‘ll hear from one of our Staff members later on as they

[1:34:24] you‘ll hear from one of our Staff members later on as they Talk about the down payment

[1:34:26] staff members later on as they Talk about the down payment Assistance program, because

[1:34:27] talk about the down payment Assistance program, because That‘s one of the things that

[1:34:28] assistance program, because That‘s one of the things that We‘re trying to promote is

[1:34:31] that‘s one of the things that We‘re trying to promote is Homeownership as well.

[1:34:31] we‘re trying to promote is Homeownership as well. But we are happy to say that we

[1:34:33] homeownership as well. But we are happy to say that we Are continuing to try to look in

[1:34:35] but we are happy to say that we Are continuing to try to look in How we invest in our families

[1:34:37] are continuing to try to look in How we invest in our families And make them more

[1:34:39] how we invest in our families And make them more Self-sufficient.

[1:34:39] and make them more Self-sufficient. So that‘s obviously a direct

[1:34:41] self-sufficient. So that‘s obviously a direct Result of the efforts of the

[1:34:44] so that‘s obviously a direct Result of the efforts of the Family, self-sufficiency staff

[1:34:46] result of the efforts of the Family, self-sufficiency staff And all of our partners as it

[1:34:48] family, self-sufficiency staff And all of our partners as it Relates to such.

[1:34:51] and all of our partners as it Relates to such. So again, the family

[1:34:55] relates to such. So again, the family Self-sufficiency program focuses

[1:34:57] so again, the family Self-sufficiency program focuses On things like homeownership,

[1:35:00] self-sufficiency program focuses On things like homeownership, Financial literacy, workforce

[1:35:03] on things like homeownership, Financial literacy, workforce Development, and the like.

[1:35:04] financial literacy, workforce Development, and the like. And so again, that is a very

[1:35:07] development, and the like. And so again, that is a very Successful program.

[1:35:08] and so again, that is a very Successful program. Over the years, many agencies

[1:35:11] successful program. Over the years, many agencies Obviously elect to participate

[1:35:13] over the years, many agencies Obviously elect to participate In that, in addition to some of

[1:35:14] obviously elect to participate In that, in addition to some of The other programs that we hope

[1:35:16] in that, in addition to some of The other programs that we hope To be able to do, like ross and

[1:35:18] the other programs that we hope To be able to do, like ross and Jobs plus in the future.

[1:35:19] to be able to do, like ross and Jobs plus in the future. But this is we are happy about

[1:35:21] jobs plus in the future. But this is we are happy about Our family self-sufficiency

[1:35:23] but this is we are happy about Our family self-sufficiency Program.

[1:35:23] our family self-sufficiency Program. So we that family

[1:35:29] program. So we that family Self-sufficiency is is a part of

[1:35:31] so we that family Self-sufficiency is is a part of Our broader initiative with our

[1:35:33] self-sufficiency is is a part of Our broader initiative with our Foundation, our 501 c three that

[1:35:35] our broader initiative with our Foundation, our 501 c three that We created back in 2017 to

[1:35:38] foundation, our 501 c three that We created back in 2017 to Promote self-sufficiency.

[1:35:40] we created back in 2017 to Promote self-sufficiency. So even outside of the family

[1:35:42] promote self-sufficiency. So even outside of the family Self-sufficiency program, which

[1:35:43] so even outside of the family Self-sufficiency program, which If you‘re familiar with it, is

[1:35:45] self-sufficiency program, which If you‘re familiar with it, is Very prescribed.

[1:35:46] if you‘re familiar with it, is Very prescribed. We are we are partnering with

[1:35:48] very prescribed. We are we are partnering with Entities like the urban league,

[1:35:50] we are we are partnering with Entities like the urban league, Black men‘s health clinic,

[1:35:52] entities like the urban league, Black men‘s health clinic, Central food bank.

[1:35:53] black men‘s health clinic, Central food bank. We have a we have a farmer‘s

[1:35:55] central food bank. We have a we have a farmer‘s Market at our senior building

[1:35:57] we have a we have a farmer‘s Market at our senior building Every month.

[1:35:57] market at our senior building Every month. And we‘ve done that for more

[1:35:58] every month. And we‘ve done that for more Than a year.

[1:35:59] and we‘ve done that for more Than a year. And other partnerships we have,

[1:36:02] than a year. And other partnerships we have, Like with south state bank, but

[1:36:03] and other partnerships we have, Like with south state bank, but Very happy about those community

[1:36:05] like with south state bank, but Very happy about those community Partners that have stepped up

[1:36:08] very happy about those community Partners that have stepped up And assisted us as we‘ve tried

[1:36:10] partners that have stepped up And assisted us as we‘ve tried To work on help empowering our

[1:36:12] and assisted us as we‘ve tried To work on help empowering our Residents.

[1:36:12] to work on help empowering our Residents. So we‘re very excited about

[1:36:14] residents. So we‘re very excited about Those things.

[1:36:14] so we‘re very excited about Those things. >> where do you have the

[1:36:16] those things. >> where do you have the Farmer‘s market?

[1:36:16] >> where do you have the Farmer‘s market? >> it‘s at maynard town, maynard

[1:36:19] farmer‘s market? >> it‘s at maynard town, maynard Town two, our apartments in the

[1:36:22] >> it‘s at maynard town, maynard Town two, our apartments in the City of maynard.

[1:36:23] town two, our apartments in the City of maynard. We have it.

[1:36:23] city of maynard. We have it. The next one is coming up.

[1:36:26] we have it. The next one is coming up. Next week.

[1:36:26] the next one is coming up. Next week. Next tuesday, be there or be

[1:36:28] next week. Next tuesday, be there or be Square next tuesday from 1130 to

[1:36:31] next tuesday, be there or be Square next tuesday from 1130 to 1230.

[1:36:31] square next tuesday from 1130 to 1230. >> okay?

[1:36:31] 1230. >> okay? >> yes.

[1:36:33] >> okay? >> yes. So on that note, we actually are

[1:36:35] >> yes. So on that note, we actually are Going to be participating in a.

[1:36:38] so on that note, we actually are Going to be participating in a. And with the food bank to do a

[1:36:42] going to be participating in a. And with the food bank to do a Hot meal deliveries for our

[1:36:45] and with the food bank to do a Hot meal deliveries for our Seniors, up to 50 seniors.

[1:36:46] hot meal deliveries for our Seniors, up to 50 seniors. We‘re also going to be expanding

[1:36:48] seniors, up to 50 seniors. We‘re also going to be expanding And doing a summer lunch program

[1:36:51] we‘re also going to be expanding And doing a summer lunch program As well at one of the sites.

[1:36:52] and doing a summer lunch program As well at one of the sites. So again, our partnership with

[1:36:53] as well at one of the sites. So again, our partnership with The food bank, we can‘t say

[1:36:55] so again, our partnership with The food bank, we can‘t say Enough about how happy we are

[1:36:57] the food bank, we can‘t say Enough about how happy we are About being able to partner with

[1:36:58] enough about how happy we are About being able to partner with Them on such initiatives.

[1:37:02] about being able to partner with Them on such initiatives. So again, the more about the

[1:37:07] them on such initiatives. So again, the more about the Foundation, just doing great

[1:37:08] so again, the more about the Foundation, just doing great Work and really happy about

[1:37:11] foundation, just doing great Work and really happy about That.

[1:37:12] work and really happy about That. So we completed our third

[1:37:16] that. So we completed our third Strategic plan last fall.

[1:37:17] so we completed our third Strategic plan last fall. We approved that in december.

[1:37:20] strategic plan last fall. We approved that in december. And so we‘re in the throes of

[1:37:22] we approved that in december. And so we‘re in the throes of Our our five year plan.

[1:37:25] and so we‘re in the throes of Our our five year plan. That speaks to some of what I

[1:37:27] our our five year plan. That speaks to some of what I Talked about as it relates to

[1:37:29] that speaks to some of what I Talked about as it relates to Resident initiatives, finance,

[1:37:31] talked about as it relates to Resident initiatives, finance, Real estate development, hr and

[1:37:33] resident initiatives, finance, Real estate development, hr and Organizational development and

[1:37:34] real estate development, hr and Organizational development and The like.

[1:37:34] organizational development and The like. And so we are putting those

[1:37:36] the like. And so we are putting those Things in place with the help

[1:37:38] and so we are putting those Things in place with the help And leadership of the board and

[1:37:39] things in place with the help And leadership of the board and Our partners.

[1:37:40] and leadership of the board and Our partners. So we‘re very happy about

[1:37:42] our partners. So we‘re very happy about Continuing to look forward as we

[1:37:44] so we‘re very happy about Continuing to look forward as we Talk about having a roadmap for

[1:37:47] continuing to look forward as we Talk about having a roadmap for The future.

[1:37:49] talk about having a roadmap for The future. So again, our partnership,

[1:37:54] the future. So again, our partnership, Workforce housing, I shared

[1:37:55] so again, our partnership, Workforce housing, I shared About one of our projects.

[1:37:56] workforce housing, I shared About one of our projects. We are continuing to partner

[1:37:59] about one of our projects. We are continuing to partner Again in those.

[1:38:00] we are continuing to partner Again in those. And that‘s what makes us able to

[1:38:03] again in those. And that‘s what makes us able to Continue to advance our mission.

[1:38:05] and that‘s what makes us able to Continue to advance our mission. Despite all the challenges that

[1:38:07] continue to advance our mission. Despite all the challenges that We, we, we face with all the

[1:38:09] despite all the challenges that We, we, we face with all the Uncertainty, we‘re still moving

[1:38:10] we, we, we face with all the Uncertainty, we‘re still moving Forward.

[1:38:10] uncertainty, we‘re still moving Forward. So.

[1:38:12] forward. So. Podcast, you heard a little bit

[1:38:15] so. Podcast, you heard a little bit About it.

[1:38:15] podcast, you heard a little bit About it. Tune in to the youtube channel

[1:38:18] about it. Tune in to the youtube channel To hear more about some of the

[1:38:19] tune in to the youtube channel To hear more about some of the Things that we‘re doing, but we

[1:38:21] to hear more about some of the Things that we‘re doing, but we Want affordable housing for

[1:38:24] things that we‘re doing, but we Want affordable housing for Vulnerable populations to be

[1:38:25] want affordable housing for Vulnerable populations to be Front and center.

[1:38:26] vulnerable populations to be Front and center. And part of conversations that

[1:38:28] front and center. And part of conversations that People are having, because it‘s

[1:38:30] and part of conversations that People are having, because it‘s Important to understand why that

[1:38:32] people are having, because it‘s Important to understand why that Needs to be talked about,

[1:38:33] important to understand why that Needs to be talked about, Because it‘s a community

[1:38:34] needs to be talked about, Because it‘s a community Problem.

[1:38:34] because it‘s a community Problem. So we‘ve continued to put the

[1:38:36] problem. So we‘ve continued to put the Word out about such things,

[1:38:38] so we‘ve continued to put the Word out about such things, Leveraging social media, youtube

[1:38:40] word out about such things, Leveraging social media, youtube And the like to be able to talk

[1:38:42] leveraging social media, youtube And the like to be able to talk About such things.

[1:38:42] and the like to be able to talk About such things. So.

[1:38:43] about such things. So. Just some of the, some of the,

[1:38:47] so. Just some of the, some of the, Some of the podcasts that we‘ve

[1:38:49] just some of the, some of the, Some of the podcasts that we‘ve Done to date, we interviewed

[1:38:51] some of the podcasts that we‘ve Done to date, we interviewed Doctor lee last fall, which was

[1:38:53] done to date, we interviewed Doctor lee last fall, which was A lot of fun.

[1:38:54] doctor lee last fall, which was A lot of fun. Food bank and others.

[1:38:55] a lot of fun. Food bank and others. So we‘re going to continue that,

[1:38:58] food bank and others. So we‘re going to continue that, Continue that work of putting

[1:38:59] so we‘re going to continue that, Continue that work of putting The word out.

[1:38:59] continue that work of putting The word out. For those that support it.

[1:39:06] the word out. For those that support it. We thank you so much.

[1:39:07] for those that support it. We thank you so much. We celebrated 50 years of being

[1:39:11] we thank you so much. We celebrated 50 years of being An agency in this community

[1:39:13] we celebrated 50 years of being An agency in this community Dedicated to providing

[1:39:15] an agency in this community Dedicated to providing Affordable housing.

[1:39:15] dedicated to providing Affordable housing. We had a very fun event in

[1:39:19] affordable housing. We had a very fun event in December at the norris

[1:39:20] we had a very fun event in December at the norris Conference center to celebrate

[1:39:22] december at the norris Conference center to celebrate Again, celebrating 50 years of

[1:39:24] conference center to celebrate Again, celebrating 50 years of Us being partners in this

[1:39:26] again, celebrating 50 years of Us being partners in this Community.

[1:39:28] us being partners in this Community. Any questions?

[1:39:31] community. Any questions? That concludes my presentation.

[1:39:33] any questions? That concludes my presentation. >> questions.

[1:39:35] that concludes my presentation. >> questions. I‘ve got one.

[1:39:35] >> questions. I‘ve got one. One of the things that I

[1:39:37] I‘ve got one. One of the things that I Visited, the foundation

[1:39:39] one of the things that I Visited, the foundation Communities ribbon cutting on

[1:39:42] visited, the foundation Communities ribbon cutting on Their new.

[1:39:42] communities ribbon cutting on Their new. I think it was juniper creek and

[1:39:45] their new. I think it was juniper creek and They had representatives from a

[1:39:48] I think it was juniper creek and They had representatives from a Couple of different.

[1:39:49] they had representatives from a Couple of different. I think they were like banks

[1:39:51] couple of different. I think they were like banks That I don‘t know if they were

[1:39:52] I think they were like banks That I don‘t know if they were Using their their red line, you

[1:39:53] that I don‘t know if they were Using their their red line, you Know, reinvestment funds to help

[1:39:55] using their their red line, you Know, reinvestment funds to help Put money into these kinds of

[1:39:57] know, reinvestment funds to help Put money into these kinds of Projects.

[1:39:57] put money into these kinds of Projects. But they they have a matching

[1:40:01] projects. But they they have a matching Fund that they offer to

[1:40:03] but they they have a matching Fund that they offer to Residents to save money for a

[1:40:06] fund that they offer to Residents to save money for a Down payment, to purchase a

[1:40:09] residents to save money for a Down payment, to purchase a Home, and to the representatives

[1:40:11] down payment, to purchase a Home, and to the representatives From two different banks said

[1:40:13] home, and to the representatives From two different banks said They can also match those funds,

[1:40:17] from two different banks said They can also match those funds, And they can be cumulative.

[1:40:20] they can also match those funds, And they can be cumulative. So it can actually turn into

[1:40:22] and they can be cumulative. So it can actually turn into Quite a substantial amount of

[1:40:26] so it can actually turn into Quite a substantial amount of Funding for residents who may

[1:40:28] quite a substantial amount of Funding for residents who may Want to save up, may be able to

[1:40:30] funding for residents who may Want to save up, may be able to Save up for some potential

[1:40:32] want to save up, may be able to Save up for some potential Homeownership in the future.

[1:40:33] save up for some potential Homeownership in the future. I don‘t know if that‘s something

[1:40:34] homeownership in the future. I don‘t know if that‘s something That‘s possible for the

[1:40:38] I don‘t know if that‘s something That‘s possible for the Residents.

[1:40:38] that‘s possible for the Residents. I know that these are very, very

[1:40:40] residents. I know that these are very, very Low income housing residents.

[1:40:43] I know that these are very, very Low income housing residents. So it may not it may not be

[1:40:46] low income housing residents. So it may not it may not be Feasible.

[1:40:46] so it may not it may not be Feasible. But is that something that you

[1:40:47] feasible. But is that something that you All have looked at?

[1:40:48] but is that something that you All have looked at? It just seemed like a great

[1:40:49] all have looked at? It just seemed like a great Program to me.

[1:40:50] it just seemed like a great Program to me. And one where private banks were

[1:40:52] program to me. And one where private banks were Literally volunteering to help

[1:40:55] and one where private banks were Literally volunteering to help Contribute to match those funds.

[1:40:56] literally volunteering to help Contribute to match those funds. >> well.

[1:40:57] contribute to match those funds. >> well. >> I think this historically, I

[1:40:59] >> well. >> I think this historically, I Mean, the, the, with the

[1:41:00] >> I think this historically, I Mean, the, the, with the Community reinvestment act funds

[1:41:02] mean, the, the, with the Community reinvestment act funds Being banks have been critically

[1:41:03] community reinvestment act funds Being banks have been critically Important with down payment

[1:41:05] being banks have been critically Important with down payment Assistance.

[1:41:05] important with down payment Assistance. I know there‘s a presentation a

[1:41:06] assistance. I know there‘s a presentation a Little later about down payment

[1:41:08] I know there‘s a presentation a Little later about down payment Assistance program, but we

[1:41:10] little later about down payment Assistance program, but we Certainly believe that we‘re

[1:41:11] assistance program, but we Certainly believe that we‘re Going to try to leverage as much

[1:41:13] certainly believe that we‘re Going to try to leverage as much As we can related to how we can

[1:41:16] going to try to leverage as much As we can related to how we can Ensure a greater likelihood of

[1:41:19] as we can related to how we can Ensure a greater likelihood of Folks becoming homeowners, to

[1:41:21] ensure a greater likelihood of Folks becoming homeowners, to Include some of what you‘re

[1:41:22] folks becoming homeowners, to Include some of what you‘re Talking about.

[1:41:22] include some of what you‘re Talking about. So I‘m I‘m sure that that is

[1:41:24] talking about. So I‘m I‘m sure that that is Part of some of what we‘ve been

[1:41:26] so I‘m I‘m sure that that is Part of some of what we‘ve been Looking into.

[1:41:26] part of some of what we‘ve been Looking into. We have south state bank that

[1:41:29] looking into. We have south state bank that Has helped us with one of our

[1:41:31] we have south state bank that Has helped us with one of our Programs, has expressed interest

[1:41:34] has helped us with one of our Programs, has expressed interest In doing more as it relates to

[1:41:36] programs, has expressed interest In doing more as it relates to That.

[1:41:36] in doing more as it relates to That. So we certainly will continue to

[1:41:38] that. So we certainly will continue to Pursue those kinds of

[1:41:40] so we certainly will continue to Pursue those kinds of Partnerships.

[1:41:40] pursue those kinds of Partnerships. As you mentioned.

[1:41:41] partnerships. As you mentioned. >> okay, great.

[1:41:42] as you mentioned. >> okay, great. >> thank you.

[1:41:43] >> okay, great. >> thank you. >> commissioner.

[1:41:45] >> thank you. >> commissioner. >> do I know any of the other.

[1:41:46] >> commissioner. >> do I know any of the other. What‘s.

[1:41:48] >> do I know any of the other. What‘s. I got business cards and I‘ve

[1:41:49] what‘s. I got business cards and I‘ve Forgotten their names, but.

[1:41:52] I got business cards and I‘ve Forgotten their names, but. Foundation communities partners

[1:41:55] forgotten their names, but. Foundation communities partners With them.

[1:41:55] foundation communities partners With them. So I think that there should be

[1:41:57] with them. So I think that there should be Either a public record of it or.

[1:41:58] so I think that there should be Either a public record of it or. Probably walter monroe would be

[1:42:00] either a public record of it or. Probably walter monroe would be Happy to share that information.

[1:42:01] probably walter monroe would be Happy to share that information. >> absolutely.

[1:42:01] happy to share that information. >> absolutely. >> but they were they were

[1:42:05] >> absolutely. >> but they were they were Contributing funds matching what

[1:42:06] >> but they were they were Contributing funds matching what The residents were able to save.

[1:42:08] contributing funds matching what The residents were able to save. And they had to reduce some of

[1:42:11] the residents were able to save. And they had to reduce some of Their matching funds just

[1:42:12] and they had to reduce some of Their matching funds just Because their own resources were

[1:42:14] their matching funds just Because their own resources were Shrinking.

[1:42:14] because their own resources were Shrinking. And the two different bank

[1:42:16] shrinking. And the two different bank Representatives spoke up.

[1:42:17] and the two different bank Representatives spoke up. When I asked this question and

[1:42:19] representatives spoke up. When I asked this question and Said, we do those kinds of

[1:42:21] when I asked this question and Said, we do those kinds of Matching funds and they can be

[1:42:23] said, we do those kinds of Matching funds and they can be Cumulative.

[1:42:24] matching funds and they can be Cumulative. It doesn‘t have to be, you know,

[1:42:26] cumulative. It doesn‘t have to be, you know, A one for one replacement.

[1:42:27] it doesn‘t have to be, you know, A one for one replacement. So it seemed to me there was and

[1:42:29] a one for one replacement. So it seemed to me there was and That foundation communities was

[1:42:30] so it seemed to me there was and That foundation communities was Very interested.

[1:42:31] that foundation communities was Very interested. Because it would enable them to

[1:42:32] very interested. Because it would enable them to Accumulate more matching funds

[1:42:34] because it would enable them to Accumulate more matching funds For the residents.

[1:42:35] accumulate more matching funds For the residents. >> no, that‘s that‘s.

[1:42:36] for the residents. >> no, that‘s that‘s. >> yeah.

[1:42:36] >> no, that‘s that‘s. >> yeah. >> excellent.

[1:42:37] >> yeah. >> excellent. We‘ll definitely continue to

[1:42:38] >> excellent. We‘ll definitely continue to Look into that.

[1:42:39] we‘ll definitely continue to Look into that. I mean, and thank you for that

[1:42:41] look into that. I mean, and thank you for that Insight.

[1:42:41] I mean, and thank you for that Insight. And so we‘ll make sure we follow

[1:42:43] insight. And so we‘ll make sure we follow Up.

[1:42:43] and so we‘ll make sure we follow Up. But we definitely are interested

[1:42:45] up. But we definitely are interested In homeownership.

[1:42:46] but we definitely are interested In homeownership. And that‘s kind of one of the

[1:42:48] in homeownership. And that‘s kind of one of the Main focuses of our fss program.

[1:42:52] and that‘s kind of one of the Main focuses of our fss program. And again, we‘re happy to be

[1:42:53] main focuses of our fss program. And again, we‘re happy to be Partners with travis county and,

[1:42:55] and again, we‘re happy to be Partners with travis county and, And their down payment

[1:42:56] partners with travis county and, And their down payment Assistance program as well.

[1:42:57] and their down payment Assistance program as well. So certainly, certainly part of

[1:43:00] assistance program as well. So certainly, certainly part of Part of the priority for us in

[1:43:02] so certainly, certainly part of Part of the priority for us in Terms of seeing empowering the

[1:43:04] part of the priority for us in Terms of seeing empowering the Residents.

[1:43:04] terms of seeing empowering the Residents. >> yes.

[1:43:05] residents. >> yes. Excellent.

[1:43:05] >> yes. Excellent. Thank you.

[1:43:05] excellent. Thank you. >> commissioners.

[1:43:07] thank you. >> commissioners. >> I just want to to thank the

[1:43:09] >> commissioners. >> I just want to to thank the Team for putting putting maps

[1:43:13] >> I just want to to thank the Team for putting putting maps Together that kind of tell us

[1:43:14] team for putting putting maps Together that kind of tell us Where everything is very

[1:43:17] together that kind of tell us Where everything is very Interested also in making sure

[1:43:20] where everything is very Interested also in making sure That we know how to tell the

[1:43:23] interested also in making sure That we know how to tell the Public to find us, how they can

[1:43:26] that we know how to tell the Public to find us, how they can Fill out applications, how they

[1:43:28] public to find us, how they can Fill out applications, how they Might look and see what‘s

[1:43:30] fill out applications, how they Might look and see what‘s Available, or understand by

[1:43:31] might look and see what‘s Available, or understand by Looking on a map, what‘s

[1:43:33] available, or understand by Looking on a map, what‘s Available in an area I, I like

[1:43:37] looking on a map, what‘s Available in an area I, I like The information that‘s been

[1:43:38] available in an area I, I like The information that‘s been Given.

[1:43:39] the information that‘s been Given. I always like to see the

[1:43:41] given. I always like to see the Inventory and, and what is

[1:43:44] I always like to see the Inventory and, and what is Compliant and what we have to

[1:43:45] inventory and, and what is Compliant and what we have to Work at.

[1:43:45] compliant and what we have to Work at. So I appreciate all the work

[1:43:47] work at. So I appreciate all the work That you all have done.

[1:43:48] so I appreciate all the work That you all have done. Very responsive.

[1:43:50] that you all have done. Very responsive. The relationship with the food

[1:43:52] very responsive. The relationship with the food Bank and whatnot.

[1:43:53] the relationship with the food Bank and whatnot. Those thing are critical.

[1:43:55] bank and whatnot. Those thing are critical. So just want to make sure that

[1:43:57] those thing are critical. So just want to make sure that We are listening and providing

[1:43:59] so just want to make sure that We are listening and providing The support that you need.

[1:44:00] we are listening and providing The support that you need. >> thank you.

[1:44:02] the support that you need. >> thank you. >> I wondered if any of the new

[1:44:04] >> thank you. >> I wondered if any of the new Board members wanted to comment.

[1:44:06] >> I wondered if any of the new Board members wanted to comment. >> yeah.

[1:44:07] board members wanted to comment. >> yeah. >> are you.

[1:44:08] >> yeah. >> are you. [laughter]

[1:44:08] >> are you. [laughter] Glad you signed.

[1:44:09] [laughter] Glad you signed. >> up?

[1:44:11] glad you signed. >> up? I am, I‘m looking forward to

[1:44:13] >> up? I am, I‘m looking forward to Working with patrick and the

[1:44:14] I am, I‘m looking forward to Working with patrick and the Team.

[1:44:14] working with patrick and the Team. >> looks like it‘s a great team

[1:44:17] team. >> looks like it‘s a great team And learning learning a lot.

[1:44:19] >> looks like it‘s a great team And learning learning a lot. >> great.

[1:44:20] and learning learning a lot. >> great. >> yes, absolutely.

[1:44:21] >> great. >> yes, absolutely. I will second that and also say

[1:44:24] >> yes, absolutely. I will second that and also say I have been just thoroughly

[1:44:26] I will second that and also say I have been just thoroughly Impressed in with the number of

[1:44:29] I have been just thoroughly Impressed in with the number of Programs and the amount of

[1:44:31] impressed in with the number of Programs and the amount of Success that hattie has had.

[1:44:33] programs and the amount of Success that hattie has had. And I‘m very proud to be on the

[1:44:36] success that hattie has had. And I‘m very proud to be on the Board.

[1:44:36] and I‘m very proud to be on the Board. Very proud.

[1:44:37] board. Very proud. >> great.

[1:44:37] very proud. >> great. >> we were hoping no one was.

[1:44:39] >> great. >> we were hoping no one was. [laughter]

[1:44:39] >> we were hoping no one was. [laughter] Going to say.

[1:44:39] [laughter] Going to say. >> they regretted it.

[1:44:41] going to say. >> they regretted it. >> also, one other thing you

[1:44:44] >> they regretted it. >> also, one other thing you Kind of made me think of is the

[1:44:47] >> also, one other thing you Kind of made me think of is the Things that we do for students.

[1:44:49] kind of made me think of is the Things that we do for students. The things after school type

[1:44:51] things that we do for students. The things after school type Programs.

[1:44:51] the things after school type Programs. Summer learning opportunities,

[1:44:55] programs. Summer learning opportunities, Want to make sure that you‘re

[1:44:56] summer learning opportunities, Want to make sure that you‘re Communicating with our health

[1:44:57] want to make sure that you‘re Communicating with our health And human services department,

[1:44:59] communicating with our health And human services department, Which is administering programs

[1:45:01] and human services department, Which is administering programs To make sure that we are

[1:45:04] which is administering programs To make sure that we are Crafting things that help our

[1:45:06] to make sure that we are Crafting things that help our Students and give them access to

[1:45:09] crafting things that help our Students and give them access to Resources as they grow, and

[1:45:10] students and give them access to Resources as they grow, and Hopefully more as, as, as they

[1:45:12] resources as they grow, and Hopefully more as, as, as they Move towards work or college.

[1:45:15] hopefully more as, as, as they Move towards work or college. >> absolutely.

[1:45:16] move towards work or college. >> absolutely. >> and.

[1:45:16] >> absolutely. >> and. >> and same with accessing the

[1:45:17] >> and. >> and same with accessing the Raising travis county program.

[1:45:19] >> and same with accessing the Raising travis county program. I‘m assuming you‘re connecting

[1:45:22] raising travis county program. I‘m assuming you‘re connecting Residents to that and making

[1:45:23] I‘m assuming you‘re connecting Residents to that and making That information available,

[1:45:24] residents to that and making That information available, Whether they have young

[1:45:25] that information available, Whether they have young Children.

[1:45:25] whether they have young Children. >> thank you.

[1:45:26] children. >> thank you. >> and I just want to say

[1:45:28] >> thank you. >> and I just want to say Congratulations on your 50 years

[1:45:30] >> and I just want to say Congratulations on your 50 years Of operation.

[1:45:31] congratulations on your 50 years Of operation. Thank you.

[1:45:31] of operation. Thank you. And and I think that the mission

[1:45:34] thank you. And and I think that the mission Of that agency has been met.

[1:45:36] and and I think that the mission Of that agency has been met. That was the original mission.

[1:45:38] of that agency has been met. That was the original mission. And, and I‘m so always so glad

[1:45:41] that was the original mission. And, and I‘m so always so glad To see people stick to the

[1:45:43] and, and I‘m so always so glad To see people stick to the Mission, you know, because that

[1:45:44] to see people stick to the Mission, you know, because that Just makes it so much easier to,

[1:45:46] mission, you know, because that Just makes it so much easier to, To, to work off of a base that

[1:45:49] just makes it so much easier to, To, to work off of a base that You have.

[1:45:49] to, to work off of a base that You have. And, and obviously this is

[1:45:52] you have. And, and obviously this is Working for the families who

[1:45:54] and, and obviously this is Working for the families who Really needed this, this, this

[1:45:56] working for the families who Really needed this, this, this Service starting 50 years ago.

[1:45:59] really needed this, this, this Service starting 50 years ago. And thank you for the, the, the

[1:46:03] service starting 50 years ago. And thank you for the, the, the Coin for it as a remembrance.

[1:46:06] and thank you for the, the, the Coin for it as a remembrance. Thanks so much for all that

[1:46:08] coin for it as a remembrance. Thanks so much for all that You‘re doing.

[1:46:08] thanks so much for all that You‘re doing. You‘re welcome for these

[1:46:10] you‘re doing. You‘re welcome for these Families.

[1:46:10] you‘re welcome for these Families. Thank you, thank you.

[1:46:11] families. Thank you, thank you. >> congrats.

[1:46:12] thank you, thank you. >> congrats. >> commissioner travillion.

[1:46:14] >> congrats. >> commissioner travillion. We are also.

[1:46:15] >> commissioner travillion. We are also. >> has a scholarship and we‘ve

[1:46:18] we are also. >> has a scholarship and we‘ve The foundation and community

[1:46:20] >> has a scholarship and we‘ve The foundation and community Outreach person is looking out

[1:46:22] the foundation and community Outreach person is looking out Throughout the community to see

[1:46:24] outreach person is looking out Throughout the community to see If we can identify.

[1:46:26] throughout the community to see If we can identify. Students to get that scholarship

[1:46:30] if we can identify. Students to get that scholarship With them.

[1:46:30] students to get that scholarship With them. We‘re working towards hopefully

[1:46:33] with them. We‘re working towards hopefully Having a representative from the

[1:46:35] we‘re working towards hopefully Having a representative from the Travis county and from this

[1:46:36] having a representative from the Travis county and from this Area.

[1:46:37] travis county and from this Area. >> thanks so much.

[1:46:38] area. >> thanks so much. >> it‘s important, I think, that

[1:46:40] >> thanks so much. >> it‘s important, I think, that We work over time, and we‘ve

[1:46:41] >> it‘s important, I think, that We work over time, and we‘ve Been looking at groups like

[1:46:43] we work over time, and we‘ve Been looking at groups like Communities and schools that

[1:46:45] been looking at groups like Communities and schools that When they work on a campus, they

[1:46:48] communities and schools that When they work on a campus, they Identify the resources and and

[1:46:50] when they work on a campus, they Identify the resources and and Kind of act as a family resource

[1:46:53] identify the resources and and Kind of act as a family resource Center.

[1:46:53] kind of act as a family resource Center. So to make sure that we know the

[1:46:56] center. So to make sure that we know the Resources that are on the

[1:46:57] so to make sure that we know the Resources that are on the Ground, how close they are to

[1:46:59] resources that are on the Ground, how close they are to The facilities that you have in

[1:47:01] ground, how close they are to The facilities that you have in Place, how we develop systems

[1:47:05] the facilities that you have in Place, how we develop systems Rather than transactions, how do

[1:47:06] place, how we develop systems Rather than transactions, how do We make sure that we know that

[1:47:09] rather than transactions, how do We make sure that we know that That each and every family

[1:47:11] we make sure that we know that That each and every family Understands what‘s in every

[1:47:12] that each and every family Understands what‘s in every Campus and can take advantage of

[1:47:14] understands what‘s in every Campus and can take advantage of Those?

[1:47:14] campus and can take advantage of Those? >> we go to the conferences all

[1:47:17] those? >> we go to the conferences all Over and they you see people

[1:47:19] >> we go to the conferences all Over and they you see people From other cities and states

[1:47:20] over and they you see people From other cities and states Getting these scholarships and

[1:47:23] from other cities and states Getting these scholarships and Awards and said, we got to do

[1:47:25] getting these scholarships and Awards and said, we got to do Something here in travis county.

[1:47:26] awards and said, we got to do Something here in travis county. So that‘s what that‘s what we‘re

[1:47:29] something here in travis county. So that‘s what that‘s what we‘re Looking forward to.

[1:47:29] so that‘s what that‘s what we‘re Looking forward to. >> so we‘re putting together

[1:47:31] looking forward to. >> so we‘re putting together Apparatus in the office.

[1:47:32] >> so we‘re putting together Apparatus in the office. So we work directly with you.

[1:47:34] apparatus in the office. So we work directly with you. >> great.

[1:47:34] so we work directly with you. >> great. Thank you.

[1:47:35] >> great. Thank you. >> thank you so much.

[1:47:36] thank you. >> thank you so much. >> thank you.

[1:47:37] >> thank you so much. >> thank you. And congrats on.

[1:47:38] >> thank you. And congrats on. 50 years.

[1:47:39] and congrats on. 50 years. >> thank you.

[1:47:41] 50 years. >> thank you. >> the next item is the

[1:47:45] >> thank you. >> the next item is the Strategic housing finance

[1:47:47] >> the next item is the Strategic housing finance Corporation.

[1:47:48] strategic housing finance Corporation. Receive the spring 2026 update

[1:47:57] corporation. Receive the spring 2026 update From the strategic housing

[1:47:59] receive the spring 2026 update From the strategic housing Finance corporation of travis

[1:48:01] from the strategic housing Finance corporation of travis County.

[1:48:03] finance corporation of travis County. Oh, thank you.

[1:48:12] county. Oh, thank you. >> thank you.

[1:48:15] oh, thank you. >> thank you. >> thank you.

[1:48:17] >> thank you. >> thank you. >> thank you very much.

[1:48:22] >> thank you. >> thank you very much. >> go ahead.

[1:48:39] >> thank you very much. >> go ahead. Whenever you‘re ready.

[1:48:42] >> go ahead. Whenever you‘re ready. >> thank you.

[1:48:43] whenever you‘re ready. >> thank you. Judge brown and commissioners

[1:48:45] >> thank you. Judge brown and commissioners For the opportunity to be here

[1:48:47] judge brown and commissioners For the opportunity to be here With you today.

[1:48:47] for the opportunity to be here With you today. We‘re glad to be back before the

[1:48:50] with you today. We‘re glad to be back before the Court.

[1:48:50] we‘re glad to be back before the Court. Since our last update, strategic

[1:48:54] court. Since our last update, strategic Hfc has continued to learn to

[1:48:57] since our last update, strategic Hfc has continued to learn to Grow, and our hope is to really

[1:48:58] hfc has continued to learn to Grow, and our hope is to really Raise the bar for what a public

[1:49:01] grow, and our hope is to really Raise the bar for what a public Housing finance entity can do

[1:49:03] raise the bar for what a public Housing finance entity can do For travis county.

[1:49:04] housing finance entity can do For travis county. We are in the midst of

[1:49:06] for travis county. We are in the midst of Challenging market conditions,

[1:49:07] we are in the midst of Challenging market conditions, As you know, but we are

[1:49:09] challenging market conditions, As you know, but we are Protecting the quality of our

[1:49:10] as you know, but we are Protecting the quality of our Existing portfolio.

[1:49:12] protecting the quality of our Existing portfolio. We‘re improving tenant

[1:49:14] existing portfolio. We‘re improving tenant Protections, and we‘re laying

[1:49:15] we‘re improving tenant Protections, and we‘re laying The groundwork for responsible

[1:49:17] protections, and we‘re laying The groundwork for responsible Growth going forward.

[1:49:18] the groundwork for responsible Growth going forward. With that, I will pass it to our

[1:49:20] growth going forward. With that, I will pass it to our President, ashley huddleston.

[1:49:21] with that, I will pass it to our President, ashley huddleston. >> thank you, diana, and thank

[1:49:23] president, ashley huddleston. >> thank you, diana, and thank You, commissioners, for having

[1:49:24] >> thank you, diana, and thank You, commissioners, for having Us back at the court.

[1:49:25] you, commissioners, for having Us back at the court. Since our last briefing, this

[1:49:26] us back at the court. Since our last briefing, this Court has appointed the

[1:49:28] since our last briefing, this Court has appointed the Brilliant director, catherine.

[1:49:29] court has appointed the Brilliant director, catherine. [laughter]

[1:49:29] brilliant director, catherine. [laughter] Gross, to the board.

[1:49:32] [laughter] Gross, to the board. [laughter]

[1:49:32] gross, to the board. [laughter] Catherine lee, catherine leads

[1:49:35] [laughter] Catherine lee, catherine leads Affordable housing work at pnc

[1:49:37] catherine lee, catherine leads Affordable housing work at pnc Bank, and she has been a

[1:49:38] affordable housing work at pnc Bank, and she has been a Phenomenal addition.

[1:49:39] bank, and she has been a Phenomenal addition. Her institutional lending

[1:49:40] phenomenal addition. Her institutional lending Experience has already

[1:49:41] her institutional lending Experience has already Strengthened how we evaluate and

[1:49:43] experience has already Strengthened how we evaluate and Structure our deals.

[1:49:43] strengthened how we evaluate and Structure our deals. We‘re also grateful for the

[1:49:46] structure our deals. We‘re also grateful for the Steady leadership of our veteran

[1:49:48] we‘re also grateful for the Steady leadership of our veteran Directors keisha prince, julio

[1:49:50] steady leadership of our veteran Directors keisha prince, julio Gonzalez and jan weinig, who

[1:49:51] directors keisha prince, julio Gonzalez and jan weinig, who Continue to ground this board

[1:49:52] gonzalez and jan weinig, who Continue to ground this board With institutional knowledge.

[1:49:54] continue to ground this board With institutional knowledge. That depth of experience shows

[1:49:57] with institutional knowledge. That depth of experience shows In the work our committees carry

[1:49:58] that depth of experience shows In the work our committees carry Out between briefings and board

[1:50:00] in the work our committees carry Out between briefings and board Meetings.

[1:50:00] out between briefings and board Meetings. Every director on the board

[1:50:02] meetings. Every director on the board Serves on at least one

[1:50:03] every director on the board Serves on at least one Committee.

[1:50:03] serves on at least one Committee. The executive committee steers

[1:50:05] committee. The executive committee steers The ship real estate committee,

[1:50:07] the executive committee steers The ship real estate committee, Which I chair guides development

[1:50:09] the ship real estate committee, Which I chair guides development And deal terms.

[1:50:10] which I chair guides development And deal terms. Finance and administration,

[1:50:12] and deal terms. Finance and administration, Chaired by past president jan

[1:50:14] finance and administration, Chaired by past president jan Weinig, handles the budgeting

[1:50:15] chaired by past president jan Weinig, handles the budgeting And audit process and our newest

[1:50:17] weinig, handles the budgeting And audit process and our newest Committee, tenant affairs,

[1:50:18] and audit process and our newest Committee, tenant affairs, Chaired by director bea arce,

[1:50:20] committee, tenant affairs, Chaired by director bea arce, Ensures that the tenant voice is

[1:50:21] chaired by director bea arce, Ensures that the tenant voice is A part of every conversation.

[1:50:23] ensures that the tenant voice is A part of every conversation. This is a board that is engaged

[1:50:25] a part of every conversation. This is a board that is engaged And informed and eager to build

[1:50:27] this is a board that is engaged And informed and eager to build Something that will last.

[1:50:30] and informed and eager to build Something that will last. I want to spend a moment on the

[1:50:33] something that will last. I want to spend a moment on the New tenant affairs committee,

[1:50:35] I want to spend a moment on the New tenant affairs committee, Because it reflects how we‘re

[1:50:36] new tenant affairs committee, Because it reflects how we‘re Thinking about governance going

[1:50:38] because it reflects how we‘re Thinking about governance going Forward.

[1:50:38] thinking about governance going Forward. We formed this committee in

[1:50:41] forward. We formed this committee in December of 2025 with a clear

[1:50:44] we formed this committee in December of 2025 with a clear Purpose to ensure that the

[1:50:45] december of 2025 with a clear Purpose to ensure that the Resident experience is

[1:50:47] purpose to ensure that the Resident experience is Considered in every level of our

[1:50:48] resident experience is Considered in every level of our Decision making, from the

[1:50:50] considered in every level of our Decision making, from the Policies we set, to the deals we

[1:50:52] decision making, from the Policies we set, to the deals we Structure, to the way that we

[1:50:53] policies we set, to the deals we Structure, to the way that we Measure ourselves, the committee

[1:50:55] structure, to the way that we Measure ourselves, the committee Draws on expertise we already

[1:50:57] measure ourselves, the committee Draws on expertise we already Have at the table, including our

[1:50:59] draws on expertise we already Have at the table, including our Tenant represeative directors.

[1:51:01] have at the table, including our Tenant represeative directors. While tenant voices have been a

[1:51:02] tenant represeative directors. While tenant voices have been a Part of this board for years,

[1:51:05] while tenant voices have been a Part of this board for years, Formalizing the committee makes

[1:51:06] part of this board for years, Formalizing the committee makes That input continuous and

[1:51:08] formalizing the committee makes That input continuous and Structural.

[1:51:08] that input continuous and Structural. It is a meaningful step forward,

[1:51:11] structural. It is a meaningful step forward, And it sets the tone for the

[1:51:12] it is a meaningful step forward, And it sets the tone for the Rest of the work that we will

[1:51:14] and it sets the tone for the Rest of the work that we will Share with you today.

[1:51:14] rest of the work that we will Share with you today. And with that foundational

[1:51:16] share with you today. And with that foundational Understanding in place, I‘ll

[1:51:17] and with that foundational Understanding in place, I‘ll Turn it back to diana.

[1:51:18] understanding in place, I‘ll Turn it back to diana. >> thank you.

[1:51:19] turn it back to diana. >> thank you. So I‘d like to share a couple of

[1:51:22] >> thank you. So I‘d like to share a couple of Examples of how our commitment

[1:51:23] so I‘d like to share a couple of Examples of how our commitment To the tenant experience shows

[1:51:25] examples of how our commitment To the tenant experience shows Up in our work.

[1:51:26] to the tenant experience shows Up in our work. And so, you know, I think we

[1:51:29] up in our work. And so, you know, I think we Would say that we advance our

[1:51:30] and so, you know, I think we Would say that we advance our Mission not only by increasing

[1:51:32] would say that we advance our Mission not only by increasing The supply and access of

[1:51:35] mission not only by increasing The supply and access of Affordable housing, but also

[1:51:36] the supply and access of Affordable housing, but also Really paying attention to

[1:51:39] affordable housing, but also Really paying attention to Ensuring that the tenants in the

[1:51:40] really paying attention to Ensuring that the tenants in the Housing we create benefit from

[1:51:43] ensuring that the tenants in the Housing we create benefit from Robust tenant protections.

[1:51:44] housing we create benefit from Robust tenant protections. You may be aware that last year,

[1:51:47] robust tenant protections. You may be aware that last year, The ut law housing policy

[1:51:51] you may be aware that last year, The ut law housing policy Clinic, engaged by basta,

[1:51:52] the ut law housing policy Clinic, engaged by basta, Published a report on affordable

[1:51:55] clinic, engaged by basta, Published a report on affordable Housing that‘s created through

[1:51:57] published a report on affordable Housing that‘s created through Partnerships with organizations

[1:51:59] housing that‘s created through Partnerships with organizations Like ourselves, our other local

[1:52:01] partnerships with organizations Like ourselves, our other local Housing finance corporations,

[1:52:03] like ourselves, our other local Housing finance corporations, And our housing authorities.

[1:52:04] housing finance corporations, And our housing authorities. And a part of that report made

[1:52:07] and our housing authorities. And a part of that report made Some recommendations around

[1:52:09] and a part of that report made Some recommendations around Tenant protections and also laid

[1:52:11] some recommendations around Tenant protections and also laid Out sort of a comparative

[1:52:13] tenant protections and also laid Out sort of a comparative Analysis of where we were at

[1:52:15] out sort of a comparative Analysis of where we were at That time.

[1:52:17] analysis of where we were at That time. Using those recommendations, we

[1:52:19] that time. Using those recommendations, we Were able to bring

[1:52:21] using those recommendations, we Were able to bring Recommendations to our board in

[1:52:23] were able to bring Recommendations to our board in November of last year, and at

[1:52:24] recommendations to our board in November of last year, and at That time, we approved a new

[1:52:26] november of last year, and at That time, we approved a new Term sheet for our mixed income

[1:52:29] that time, we approved a new Term sheet for our mixed income Projects that added several new

[1:52:31] term sheet for our mixed income Projects that added several new Tenant protections to our

[1:52:33] projects that added several new Tenant protections to our Existing policies.

[1:52:34] tenant protections to our Existing policies. And so among the policies that

[1:52:37] existing policies. And so among the policies that We added were capping

[1:52:39] and so among the policies that We added were capping Application fees at no more than

[1:52:41] we added were capping Application fees at no more than $100 per household.

[1:52:42] application fees at no more than $100 per household. We now mandate that any, any

[1:52:46] $100 per household. We now mandate that any, any Optional or mandatory,

[1:52:48] we now mandate that any, any Optional or mandatory, Especially mandatory fees, have

[1:52:50] optional or mandatory, Especially mandatory fees, have To be disclosed to tenants

[1:52:52] especially mandatory fees, have To be disclosed to tenants Before they apply for housing,

[1:52:54] to be disclosed to tenants Before they apply for housing, So there are no surprises at the

[1:52:57] before they apply for housing, So there are no surprises at the Time of signing the lease, and

[1:52:59] so there are no surprises at the Time of signing the lease, and Monthly late fees are capped at

[1:53:01] time of signing the lease, and Monthly late fees are capped at 5% of rent.

[1:53:02] monthly late fees are capped at 5% of rent. So we know that several of our

[1:53:05] 5% of rent. So we know that several of our Peer agencies are also in the

[1:53:08] so we know that several of our Peer agencies are also in the Process of reviewing their own

[1:53:09] peer agencies are also in the Process of reviewing their own Tenant protection policies, and

[1:53:11] process of reviewing their own Tenant protection policies, and We‘re really hopeful that

[1:53:13] tenant protection policies, and We‘re really hopeful that Together we can achieve a shared

[1:53:15] we‘re really hopeful that Together we can achieve a shared Set of baseline tenant

[1:53:17] together we can achieve a shared Set of baseline tenant Protections.

[1:53:17] set of baseline tenant Protections. This is one of the conversations

[1:53:20] protections. This is one of the conversations That we‘re having through the

[1:53:22] this is one of the conversations That we‘re having through the Monthly roundtable of hfc

[1:53:25] that we‘re having through the Monthly roundtable of hfc Housing authorities and fcs,

[1:53:27] monthly roundtable of hfc Housing authorities and fcs, That we are coordinating.

[1:53:29] housing authorities and fcs, That we are coordinating. >> diana, are you requiring this

[1:53:32] that we are coordinating. >> diana, are you requiring this Of in just the properties y‘all

[1:53:35] >> diana, are you requiring this Of in just the properties y‘all Own, if you will, or in the ones

[1:53:37] of in just the properties y‘all Own, if you will, or in the ones That you would be developing or,

[1:53:39] own, if you will, or in the ones That you would be developing or, You know, helping finance with a

[1:53:42] that you would be developing or, You know, helping finance with a Developer?

[1:53:42] you know, helping finance with a Developer? >> so I will say that the vast

[1:53:45] developer? >> so I will say that the vast Majority of transactions we see

[1:53:48] >> so I will say that the vast Majority of transactions we see Are looking to us as a partner

[1:53:51] majority of transactions we see Are looking to us as a partner In the development to extend a

[1:53:53] are looking to us as a partner In the development to extend a Property tax exemption, because

[1:53:55] in the development to extend a Property tax exemption, because It‘s very difficult to make

[1:53:56] property tax exemption, because It‘s very difficult to make Deals pencil today without it.

[1:53:58] it‘s very difficult to make Deals pencil today without it. So we haven‘t seen a bond only

[1:54:01] deals pencil today without it. So we haven‘t seen a bond only Deal in my tenure.

[1:54:02] so we haven‘t seen a bond only Deal in my tenure. So for that reason, it really is

[1:54:05] deal in my tenure. So for that reason, it really is All new deals.

[1:54:06] so for that reason, it really is All new deals. I will say that it applies

[1:54:08] all new deals. I will say that it applies Specifically to the mixed income

[1:54:10] I will say that it applies Specifically to the mixed income Or workforce deals, because the

[1:54:12] specifically to the mixed income Or workforce deals, because the Tax credit program already has

[1:54:15] or workforce deals, because the Tax credit program already has Many of these protections baked

[1:54:17] tax credit program already has Many of these protections baked In to the program.

[1:54:18] many of these protections baked In to the program. Thank you for the question.

[1:54:22] in to the program. Thank you for the question. So another area that we are

[1:54:24] thank you for the question. So another area that we are Really proud of in terms of our

[1:54:28] so another area that we are Really proud of in terms of our Work.

[1:54:28] really proud of in terms of our Work. That that acknowledges that the

[1:54:32] work. That that acknowledges that the Tenant experiences is some

[1:54:34] that that acknowledges that the Tenant experiences is some Curative work we‘ve done based

[1:54:36] tenant experiences is some Curative work we‘ve done based On our history.

[1:54:38] curative work we‘ve done based On our history. So we‘ve updated the court

[1:54:40] on our history. So we‘ve updated the court Previously on our rosemont

[1:54:41] so we‘ve updated the court Previously on our rosemont Tenant investment program.

[1:54:42] previously on our rosemont Tenant investment program. And today we‘re really happy to

[1:54:45] tenant investment program. And today we‘re really happy to Share the highlights of the

[1:54:46] and today we‘re really happy to Share the highlights of the Completed initiative.

[1:54:47] share the highlights of the Completed initiative. So this effort, as you know, was

[1:54:50] completed initiative. So this effort, as you know, was Born, born of your appointees.

[1:54:52] so this effort, as you know, was Born, born of your appointees. Acknowledgment of the hardships

[1:54:54] born, born of your appointees. Acknowledgment of the hardships That were endured by tenants

[1:54:56] acknowledgment of the hardships That were endured by tenants After winter storm uri, once

[1:54:59] that were endured by tenants After winter storm uri, once Strategic, established

[1:55:00] after winter storm uri, once Strategic, established Independent operations in 2024,

[1:55:03] strategic, established Independent operations in 2024, We worked with basta and with

[1:55:05] independent operations in 2024, We worked with basta and with Tenants to design a program that

[1:55:08] we worked with basta and with Tenants to design a program that Would provide one time financial

[1:55:10] tenants to design a program that Would provide one time financial Assistance to households that

[1:55:12] would provide one time financial Assistance to households that Were affected at rosemont after

[1:55:14] assistance to households that Were affected at rosemont after The storm.

[1:55:14] were affected at rosemont after The storm. So while the program design was

[1:55:17] the storm. So while the program design was Relatively straightforward,

[1:55:20] so while the program design was Relatively straightforward, Execution was not.

[1:55:21] relatively straightforward, Execution was not. You can imagine that property

[1:55:24] execution was not. You can imagine that property Management records from the time

[1:55:26] you can imagine that property Management records from the time Of the storm were a bit

[1:55:29] management records from the time Of the storm were a bit Inconsistent.

[1:55:29] of the storm were a bit Inconsistent. People moved quite a bit in

[1:55:30] inconsistent. People moved quite a bit in Between units and many were

[1:55:33] people moved quite a bit in Between units and many were Relocated.

[1:55:33] between units and many were Relocated. We, of course, no longer own the

[1:55:35] relocated. We, of course, no longer own the Property at this time, and we

[1:55:37] we, of course, no longer own the Property at this time, and we Also understandably saw many

[1:55:40] property at this time, and we Also understandably saw many Households move away from

[1:55:42] also understandably saw many Households move away from Rosemont in the aftermath of the

[1:55:44] households move away from Rosemont in the aftermath of the Storm and in during the

[1:55:45] rosemont in the aftermath of the Storm and in during the Prolonged repair and renovation

[1:55:49] storm and in during the Prolonged repair and renovation Period.

[1:55:49] prolonged repair and renovation Period. So to meet the challenge of

[1:55:53] period. So to meet the challenge of Locating former tenants and

[1:55:54] so to meet the challenge of Locating former tenants and Engaging them and distributing

[1:55:56] locating former tenants and Engaging them and distributing The assistance, we really knew

[1:55:57] engaging them and distributing The assistance, we really knew That we would need help.

[1:55:59] the assistance, we really knew That we would need help. We were very lucky to find

[1:56:02] that we would need help. We were very lucky to find Partners in el samaritano and

[1:56:04] we were very lucky to find Partners in el samaritano and Cvs associates who had carried

[1:56:06] partners in el samaritano and Cvs associates who had carried Out relocation on site.

[1:56:08] cvs associates who had carried Out relocation on site. We were able to lean on their

[1:56:12] out relocation on site. We were able to lean on their Trusted relationships at

[1:56:14] we were able to lean on their Trusted relationships at Rosemont and in the community at

[1:56:16] trusted relationships at Rosemont and in the community at Large.

[1:56:17] rosemont and in the community at Large. This was important in part

[1:56:20] large. This was important in part Because you can imagine that

[1:56:21] this was important in part Because you can imagine that Being contacted out of the blue

[1:56:23] because you can imagine that Being contacted out of the blue And told that we had some very

[1:56:26] being contacted out of the blue And told that we had some very Flexible financial assistance

[1:56:28] and told that we had some very Flexible financial assistance Available to you.

[1:56:29] flexible financial assistance Available to you. Sounds a lot like a scam.

[1:56:31] available to you. Sounds a lot like a scam. So we actually needed often to

[1:56:34] sounds a lot like a scam. So we actually needed often to Be quite persistent and make

[1:56:35] so we actually needed often to Be quite persistent and make Sure that people understood what

[1:56:37] be quite persistent and make Sure that people understood what This was, what it was related

[1:56:39] sure that people understood what This was, what it was related To, and the trust that they had

[1:56:41] this was, what it was related To, and the trust that they had With, with cvr and, and el buen

[1:56:43] to, and the trust that they had With, with cvr and, and el buen Was really important there.

[1:56:44] with, with cvr and, and el buen Was really important there. So we‘ll say that about 65% of

[1:56:48] was really important there. So we‘ll say that about 65% of Households were served in the

[1:56:50] so we‘ll say that about 65% of Households were served in the First four months of the

[1:56:52] households were served in the First four months of the Program.

[1:56:52] first four months of the Program. For those folks that we did have

[1:56:53] program. For those folks that we did have Good contact information for,

[1:56:57] for those folks that we did have Good contact information for, But locating and engaging the

[1:56:59] good contact information for, But locating and engaging the Rest of the former tenants was a

[1:57:01] but locating and engaging the Rest of the former tenants was a Painstaking process.

[1:57:02] rest of the former tenants was a Painstaking process. We eventually extended the

[1:57:05] painstaking process. We eventually extended the Program through march of this

[1:57:06] we eventually extended the Program through march of this Year, and with again the help of

[1:57:09] program through march of this Year, and with again the help of Our partners, we were able to

[1:57:12] year, and with again the help of Our partners, we were able to Locate those families who had

[1:57:13] our partners, we were able to Locate those families who had Moved across town, who had moved

[1:57:15] locate those families who had Moved across town, who had moved Across the region, and in some

[1:57:17] moved across town, who had moved Across the region, and in some Cases, even out of the united

[1:57:19] across the region, and in some Cases, even out of the united States.

[1:57:19] cases, even out of the united States. We simply would not have been

[1:57:22] states. We simply would not have been Successful without their help.

[1:57:23] we simply would not have been Successful without their help. And we want to recognize them

[1:57:25] successful without their help. And we want to recognize them Today.

[1:57:25] and we want to recognize them Today. We‘ve got some of those folks in

[1:57:27] today. We‘ve got some of those folks in The audience.

[1:57:27] we‘ve got some of those folks in The audience. I think if you‘ll raise your

[1:57:29] the audience. I think if you‘ll raise your Hands.

[1:57:29] I think if you‘ll raise your Hands. Thank you.

[1:57:30] hands. Thank you. >> that is great.

[1:57:33] thank you. >> that is great. >> so with the help of our

[1:57:36] >> that is great. >> so with the help of our Partners, our program identified

[1:57:37] >> so with the help of our Partners, our program identified A total of 226 eligible

[1:57:40] partners, our program identified A total of 226 eligible Households.

[1:57:41] a total of 226 eligible Households. That‘s anyone that lived at

[1:57:43] households. That‘s anyone that lived at Rosemont from the time of the

[1:57:44] that‘s anyone that lived at Rosemont from the time of the Storm until we sold the property

[1:57:47] rosemont from the time of the Storm until we sold the property Through a great deal of

[1:57:49] storm until we sold the property Through a great deal of Creativity and persistence, the

[1:57:51] through a great deal of Creativity and persistence, the Program was eventually able to

[1:57:53] creativity and persistence, the Program was eventually able to Serve 215 or 95% of those

[1:57:56] program was eventually able to Serve 215 or 95% of those Households.

[1:57:59] serve 215 or 95% of those Households. We distributed $7,200 to each

[1:58:02] households. We distributed $7,200 to each Household, and that totaled just

[1:58:04] we distributed $7,200 to each Household, and that totaled just Over $1.5 million in direct

[1:58:06] household, and that totaled just Over $1.5 million in direct Financial support.

[1:58:07] over $1.5 million in direct Financial support. During the planning phase, we

[1:58:10] financial support. During the planning phase, we Heard from tenants that they

[1:58:12] during the planning phase, we Heard from tenants that they Felt very strongly that the

[1:58:14] heard from tenants that they Felt very strongly that the Assistance should be flexible,

[1:58:16] felt very strongly that the Assistance should be flexible, Given the experience that they

[1:58:18] assistance should be flexible, Given the experience that they Had lived through.

[1:58:19] given the experience that they Had lived through. And so it was what we heard from

[1:58:23] had lived through. And so it was what we heard from Tenants post program was that

[1:58:26] and so it was what we heard from Tenants post program was that They still used the most common

[1:58:28] tenants post program was that They still used the most common Uses for assistance were rent,

[1:58:30] they still used the most common Uses for assistance were rent, Utilities and transportation.

[1:58:31] uses for assistance were rent, Utilities and transportation. This was followed by other basic

[1:58:34] utilities and transportation. This was followed by other basic Living expenses like child care,

[1:58:37] this was followed by other basic Living expenses like child care, Food or medical expense.

[1:58:38] living expenses like child care, Food or medical expense. And you do.

[1:58:39] food or medical expense. And you do. I think maybe it‘s on the

[1:58:40] and you do. I think maybe it‘s on the Previous slide, have a quote

[1:58:43] I think maybe it‘s on the Previous slide, have a quote From one of our tenants.

[1:58:44] previous slide, have a quote From one of our tenants. Thank you.

[1:58:46] from one of our tenants. Thank you. Other recipients let us know

[1:58:51] thank you. Other recipients let us know That they use the funds to save

[1:58:53] other recipients let us know That they use the funds to save Toward a down payment for their

[1:58:55] that they use the funds to save Toward a down payment for their First home, that they were able

[1:58:57] toward a down payment for their First home, that they were able To reduce their debt burden or

[1:59:00] first home, that they were able To reduce their debt burden or Invest in small business.

[1:59:02] to reduce their debt burden or Invest in small business. And I‘d love to give you an

[1:59:03] invest in small business. And I‘d love to give you an Example of one of the stories

[1:59:04] and I‘d love to give you an Example of one of the stories That was shared with us.

[1:59:05] example of one of the stories That was shared with us. One gentleman told us that he

[1:59:08] that was shared with us. One gentleman told us that he Was able to use the assistance

[1:59:11] one gentleman told us that he Was able to use the assistance To pay down the loan on the

[1:59:14] was able to use the assistance To pay down the loan on the Truck that he uses for his

[1:59:16] to pay down the loan on the Truck that he uses for his Handyman business, and in turn,

[1:59:19] truck that he uses for his Handyman business, and in turn, That enabled him to begin to

[1:59:21] handyman business, and in turn, That enabled him to begin to Invest in further equipment and

[1:59:23] that enabled him to begin to Invest in further equipment and Tools to support that business.

[1:59:28] invest in further equipment and Tools to support that business. We‘ve completed this program,

[1:59:30] tools to support that business. We‘ve completed this program, But the impact of rosemont will

[1:59:32] we‘ve completed this program, But the impact of rosemont will Continue to influence how we

[1:59:34] but the impact of rosemont will Continue to influence how we Approach our developments and

[1:59:36] continue to influence how we Approach our developments and Care for our portfolio long into

[1:59:39] approach our developments and Care for our portfolio long into The future.

[1:59:41] care for our portfolio long into The future. >> can I just ask?

[1:59:43] the future. >> can I just ask? I had understood that the the

[1:59:45] >> can I just ask? I had understood that the the Sale of rosemont didn‘t produce

[1:59:48] I had understood that the the Sale of rosemont didn‘t produce Quite as much revenue as was

[1:59:50] sale of rosemont didn‘t produce Quite as much revenue as was Initially intended, so I‘m

[1:59:52] quite as much revenue as was Initially intended, so I‘m Interested to know how you were

[1:59:53] initially intended, so I‘m Interested to know how you were Able to set aside.

[1:59:54] interested to know how you were Able to set aside. >> yes.

[1:59:54] able to set aside. >> yes. >> $2 million.

[1:59:55] >> yes. >> $2 million. Congratulations on this.

[1:59:57] >> $2 million. Congratulations on this. It sounds like you really worked

[1:59:58] congratulations on this. It sounds like you really worked Hard to take care of the

[1:59:59] it sounds like you really worked Hard to take care of the Residents who were put in a

[2:00:00] hard to take care of the Residents who were put in a Horrible situation, but I‘m just

[2:00:03] residents who were put in a Horrible situation, but I‘m just Interested to know how you‘re

[2:00:04] horrible situation, but I‘m just Interested to know how you‘re Able to do it.

[2:00:05] interested to know how you‘re Able to do it. >> yes.

[2:00:05] able to do it. >> yes. And I‘m glad you pointed this

[2:00:07] >> yes. And I‘m glad you pointed this Out.

[2:00:07] and I‘m glad you pointed this Out. So, rosemont, the sale rosemont

[2:00:09] out. So, rosemont, the sale rosemont Was a net loss to the

[2:00:11] so, rosemont, the sale rosemont Was a net loss to the Organization.

[2:00:11] was a net loss to the Organization. And so in the face of that net

[2:00:14] organization. And so in the face of that net Loss, the board still elected to

[2:00:17] and so in the face of that net Loss, the board still elected to Set aside additional funds from

[2:00:19] loss, the board still elected to Set aside additional funds from Our balance sheet to do this.

[2:00:21] set aside additional funds from Our balance sheet to do this. I‘m happy to have we have at

[2:00:23] our balance sheet to do this. I‘m happy to have we have at Least one director who was here

[2:00:24] I‘m happy to have we have at Least one director who was here During that time to make a

[2:00:27] least one director who was here During that time to make a Comment.

[2:00:27] during that time to make a Comment. If you‘d like.

[2:00:28] comment. If you‘d like. >> the exact story.

[2:00:30] if you‘d like. >> the exact story. We thought that.

[2:00:31] >> the exact story. We thought that. So to just visually explain,

[2:00:36] we thought that. So to just visually explain, Obviously strategics reserve‘s

[2:00:38] so to just visually explain, Obviously strategics reserve‘s Balance sheet was hit.

[2:00:40] obviously strategics reserve‘s Balance sheet was hit. We could have used the funds to

[2:00:44] balance sheet was hit. We could have used the funds to Replenish, reinvest, or just

[2:00:46] we could have used the funds to Replenish, reinvest, or just Have security.

[2:00:47] replenish, reinvest, or just Have security. We thought that this was such a

[2:00:49] have security. We thought that this was such a Core promise, given the

[2:00:52] we thought that this was such a Core promise, given the Experience that we needed to

[2:00:54] core promise, given the Experience that we needed to Fulfill it.

[2:00:54] experience that we needed to Fulfill it. Moreover, and this is important

[2:00:57] fulfill it. Moreover, and this is important For those that have been through

[2:00:58] moreover, and this is important For those that have been through The journey with us, the tenants

[2:01:01] for those that have been through The journey with us, the tenants Trusted us in this transaction

[2:01:03] the journey with us, the tenants Trusted us in this transaction Because if you recall, we did

[2:01:05] trusted us in this transaction Because if you recall, we did Not get to fulfill the

[2:01:08] because if you recall, we did Not get to fulfill the Partnership, the mission driven

[2:01:09] not get to fulfill the Partnership, the mission driven Partnership we had envisioned

[2:01:11] partnership, the mission driven Partnership we had envisioned With a leading affordable

[2:01:12] partnership we had envisioned With a leading affordable Housing provider in this

[2:01:13] with a leading affordable Housing provider in this Community.

[2:01:13] housing provider in this Community. And so there were significant,

[2:01:19] community. And so there were significant, Distraught feelings that could

[2:01:20] and so there were significant, Distraught feelings that could Have fomented trust, distrust.

[2:01:23] distraught feelings that could Have fomented trust, distrust. And so our solution was to is to

[2:01:25] have fomented trust, distrust. And so our solution was to is to Say we are going to follow

[2:01:27] and so our solution was to is to Say we are going to follow Through on the ideas of the

[2:01:30] say we are going to follow Through on the ideas of the Mission driven partnership

[2:01:32] through on the ideas of the Mission driven partnership Through novel means, even if it

[2:01:34] mission driven partnership Through novel means, even if it Means we do not get to repair

[2:01:36] through novel means, even if it Means we do not get to repair Our balance sheet, which we owe

[2:01:37] means we do not get to repair Our balance sheet, which we owe To you, to the taxpayers, to

[2:01:39] our balance sheet, which we owe To you, to the taxpayers, to Future affordable housing

[2:01:41] to you, to the taxpayers, to Future affordable housing Investment, as quickly as we

[2:01:43] future affordable housing Investment, as quickly as we Would like, we‘ll find other

[2:01:45] investment, as quickly as we Would like, we‘ll find other Solutions for that.

[2:01:46] would like, we‘ll find other Solutions for that. And I think ultimately, the the

[2:01:49] solutions for that. And I think ultimately, the the Decision has been proven to be

[2:01:52] and I think ultimately, the the Decision has been proven to be Correct, because if we look back

[2:01:55] decision has been proven to be Correct, because if we look back At what that end to our

[2:02:00] correct, because if we look back At what that end to our Ownership will be looked at as

[2:02:03] at what that end to our Ownership will be looked at as Is given many poor choices, we

[2:02:08] ownership will be looked at as Is given many poor choices, we Tried to find a way that the

[2:02:11] is given many poor choices, we Tried to find a way that the Property would be put in better

[2:02:13] tried to find a way that the Property would be put in better Hands than ours, that the

[2:02:17] property would be put in better Hands than ours, that the Taxpayers and voters would have

[2:02:19] hands than ours, that the Taxpayers and voters would have A policy outcome that they could

[2:02:21] taxpayers and voters would have A policy outcome that they could Find sustainable and support,

[2:02:24] a policy outcome that they could Find sustainable and support, That we would get to a good

[2:02:26] find sustainable and support, That we would get to a good Financial place and most

[2:02:29] that we would get to a good Financial place and most Importantly, that we would

[2:02:32] financial place and most Importantly, that we would Attempt our best in this

[2:02:35] importantly, that we would Attempt our best in this Imperfect world at repair for

[2:02:37] attempt our best in this Imperfect world at repair for What had happened.

[2:02:38] imperfect world at repair for What had happened. And so for me, I will tell you,

[2:02:41] what had happened. And so for me, I will tell you, When we were voting to do the

[2:02:45] and so for me, I will tell you, When we were voting to do the Transaction, it was an

[2:02:47] when we were voting to do the Transaction, it was an Uncomfortable moment.

[2:02:48] transaction, it was an Uncomfortable moment. We needed to take a leap of

[2:02:50] uncomfortable moment. We needed to take a leap of Faith that credible partners

[2:02:52] we needed to take a leap of Faith that credible partners Would want to partner with us.

[2:02:53] faith that credible partners Would want to partner with us. We‘re very grateful that people

[2:02:55] would want to partner with us. We‘re very grateful that people With real reputation in this

[2:02:57] we‘re very grateful that people With real reputation in this Community want to do something

[2:02:58] with real reputation in this Community want to do something This hard, that the folks there

[2:03:01] community want to do something This hard, that the folks there Would be willing to open their

[2:03:03] this hard, that the folks there Would be willing to open their Door literally and

[2:03:04] would be willing to open their Door literally and Metaphorically and literally to

[2:03:07] door literally and Metaphorically and literally to Accept the program that we would

[2:03:10] metaphorically and literally to Accept the program that we would Have a board and a staff that

[2:03:12] accept the program that we would Have a board and a staff that Would be able to follow through.

[2:03:13] have a board and a staff that Would be able to follow through. So as we‘ve seen the

[2:03:15] would be able to follow through. So as we‘ve seen the Implementation, I‘ve been very

[2:03:17] so as we‘ve seen the Implementation, I‘ve been very Happy and appreciative that

[2:03:18] implementation, I‘ve been very Happy and appreciative that You‘ve trusted to do this on

[2:03:20] happy and appreciative that You‘ve trusted to do this on Your behalf.

[2:03:21] you‘ve trusted to do this on Your behalf. I think it‘s a really proud

[2:03:23] your behalf. I think it‘s a really proud Moment.

[2:03:23] I think it‘s a really proud Moment. I‘ll conclude with, I think

[2:03:26] moment. I‘ll conclude with, I think People that we hold in high

[2:03:28] I‘ll conclude with, I think People that we hold in high Esteem have told us, it‘s one

[2:03:30] people that we hold in high Esteem have told us, it‘s one Thing to promise something like

[2:03:32] esteem have told us, it‘s one Thing to promise something like This.

[2:03:32] thing to promise something like This. It‘s another thing to come

[2:03:34] this. It‘s another thing to come Anywhere near where we‘ve been

[2:03:35] it‘s another thing to come Anywhere near where we‘ve been At in delivering.

[2:03:37] anywhere near where we‘ve been At in delivering. I think it‘s something that you

[2:03:38] at in delivering. I think it‘s something that you Can be really proud of, that

[2:03:40] I think it‘s something that you Can be really proud of, that You‘ve collectively enabled,

[2:03:42] can be really proud of, that You‘ve collectively enabled, That you can convey to this

[2:03:44] you‘ve collectively enabled, That you can convey to this Community of.

[2:03:45] that you can convey to this Community of. We understood that there was a

[2:03:48] community of. We understood that there was a Challenge.

[2:03:48] we understood that there was a Challenge. We found the people to fix it.

[2:03:51] challenge. We found the people to fix it. We have done as as good as we

[2:03:55] we found the people to fix it. We have done as as good as we Can for these people and for our

[2:03:58] we have done as as good as we Can for these people and for our Tenant, for former tenants that

[2:04:00] can for these people and for our Tenant, for former tenants that Were in our care.

[2:04:01] tenant, for former tenants that Were in our care. And most importantly, we have a

[2:04:03] were in our care. And most importantly, we have a Template.

[2:04:03] and most importantly, we have a Template. We have a template not only for

[2:04:05] template. We have a template not only for The public properties and the

[2:04:08] we have a template not only for The public properties and the Mission driven properties, but

[2:04:09] the public properties and the Mission driven properties, but For all landlords when they

[2:04:12] mission driven properties, but For all landlords when they Encounter these kinds of

[2:04:14] for all landlords when they Encounter these kinds of Situations and tragedies about

[2:04:16] encounter these kinds of Situations and tragedies about What is just.

[2:04:19] situations and tragedies about What is just. >> it‘s a really outstanding

[2:04:23] what is just. >> it‘s a really outstanding Example of how to make things

[2:04:24] >> it‘s a really outstanding Example of how to make things Right.

[2:04:25] example of how to make things Right. And there was a lot of coverage

[2:04:26] right. And there was a lot of coverage Of the horrible position that a

[2:04:29] and there was a lot of coverage Of the horrible position that a Lot of tenants were put in

[2:04:31] of the horrible position that a Lot of tenants were put in Caused by winter storm uri,

[2:04:33] lot of tenants were put in Caused by winter storm uri, Which was caused by and this is

[2:04:35] caused by winter storm uri, Which was caused by and this is Well documented.

[2:04:36] which was caused by and this is Well documented. The oil and gas company shorting

[2:04:38] well documented. The oil and gas company shorting The supply of natural gas.

[2:04:39] the oil and gas company shorting The supply of natural gas. This wasn‘t just an act of god.

[2:04:40] the supply of natural gas. This wasn‘t just an act of god. This was also manipulation of

[2:04:43] this wasn‘t just an act of god. This was also manipulation of The of the natural gas markets

[2:04:45] this was also manipulation of The of the natural gas markets To raise the price.

[2:04:46] the of the natural gas markets To raise the price. And so many people were hurt so

[2:04:49] to raise the price. And so many people were hurt so Much property damage resulted

[2:04:52] and so many people were hurt so Much property damage resulted And so many of the residents

[2:04:54] much property damage resulted And so many of the residents Were left with unlivable

[2:04:56] and so many of the residents Were left with unlivable Housing.

[2:04:56] were left with unlivable Housing. There was a lot of coverage of

[2:04:57] housing. There was a lot of coverage of That.

[2:04:58] there was a lot of coverage of That. But has there been any coverage

[2:05:00] that. But has there been any coverage Of how you‘ve made it right?

[2:05:03] but has there been any coverage Of how you‘ve made it right? >> we‘ve not sought that

[2:05:04] of how you‘ve made it right? >> we‘ve not sought that Coverage, commissioner.

[2:05:05] >> we‘ve not sought that Coverage, commissioner. I think that I think it‘s.

[2:05:07] coverage, commissioner. I think that I think it‘s. >> an important story to tell.

[2:05:08] I think that I think it‘s. >> an important story to tell. Sure.

[2:05:08] >> an important story to tell. Sure. Yeah.

[2:05:09] sure. Yeah. >> I think, you know, it‘s this

[2:05:11] yeah. >> I think, you know, it‘s this For us is the least that we can

[2:05:14] >> I think, you know, it‘s this For us is the least that we can Do.

[2:05:14] for us is the least that we can Do. I mean, we are, of course, happy

[2:05:15] do. I mean, we are, of course, happy To talk about it in public as we

[2:05:17] I mean, we are, of course, happy To talk about it in public as we Are today.

[2:05:18] to talk about it in public as we Are today. But I think that this for us is

[2:05:22] are today. But I think that this for us is A matter of our organizational

[2:05:25] but I think that this for us is A matter of our organizational Integrity and just core serving

[2:05:28] a matter of our organizational Integrity and just core serving The folks and doing the best we

[2:05:29] integrity and just core serving The folks and doing the best we Can.

[2:05:29] the folks and doing the best we Can. >> it‘s a great example to share

[2:05:31] can. >> it‘s a great example to share So that others can see it and

[2:05:33] >> it‘s a great example to share So that others can see it and Look to, to replicate it.

[2:05:34] so that others can see it and Look to, to replicate it. So congratulations for doing

[2:05:36] look to, to replicate it. So congratulations for doing That.

[2:05:36] so congratulations for doing That. >> just, just to piggyback on

[2:05:38] that. >> just, just to piggyback on That, you know, maybe you‘re not

[2:05:43] >> just, just to piggyback on That, you know, maybe you‘re not Seeking publicity.

[2:05:44] that, you know, maybe you‘re not Seeking publicity. And I understand that.

[2:05:45] seeking publicity. And I understand that. However, to document the

[2:05:49] and I understand that. However, to document the Operating procedures, to have a

[2:05:52] however, to document the Operating procedures, to have a Manual to refer to the next time

[2:05:56] operating procedures, to have a Manual to refer to the next time A storm or an emergency happens,

[2:05:58] manual to refer to the next time A storm or an emergency happens, I mean, those are opportunities

[2:06:00] a storm or an emergency happens, I mean, those are opportunities To make sure that we are

[2:06:02] I mean, those are opportunities To make sure that we are Training people to address their

[2:06:04] to make sure that we are Training people to address their Needs during the most difficult

[2:06:06] training people to address their Needs during the most difficult Times.

[2:06:06] needs during the most difficult Times. You know, we we reach out to the

[2:06:09] times. You know, we we reach out to the Food bank as a process when we

[2:06:11] you know, we we reach out to the Food bank as a process when we Know something is coming, we ask

[2:06:14] food bank as a process when we Know something is coming, we ask Them to come before the storm

[2:06:16] know something is coming, we ask Them to come before the storm And work with our families.

[2:06:17] them to come before the storm And work with our families. It would be important to do the

[2:06:19] and work with our families. It would be important to do the Same thing as it relates to

[2:06:21] it would be important to do the Same thing as it relates to Water.

[2:06:21] same thing as it relates to Water. It would be important to do the

[2:06:23] water. It would be important to do the Same thing as it relates to all

[2:06:26] it would be important to do the Same thing as it relates to all Of those elements, which are

[2:06:28] same thing as it relates to all Of those elements, which are Necessary to get people through

[2:06:29] of those elements, which are Necessary to get people through An emergency.

[2:06:30] necessary to get people through An emergency. And, you know, you know that

[2:06:33] an emergency. And, you know, you know that That it has been done right.

[2:06:34] and, you know, you know that That it has been done right. And well, it‘s a good thing.

[2:06:37] that it has been done right. And well, it‘s a good thing. So that‘s the bonus.

[2:06:38] and well, it‘s a good thing. So that‘s the bonus. But how do we make sure that

[2:06:40] so that‘s the bonus. But how do we make sure that Whenever something happens,

[2:06:43] but how do we make sure that Whenever something happens, We‘ve got a system to work

[2:06:44] whenever something happens, We‘ve got a system to work Through?

[2:06:45] we‘ve got a system to work Through? And if we can do that, I think

[2:06:47] through? And if we can do that, I think We can do something significant.

[2:06:49] and if we can do that, I think We can do something significant. >> thank you sir.

[2:06:50] we can do something significant. >> thank you sir. >> thank you commissioners.

[2:06:55] >> thank you sir. >> thank you commissioners. Now, we‘ve you‘ve heard about

[2:06:56] >> thank you commissioners. Now, we‘ve you‘ve heard about The people.

[2:06:57] now, we‘ve you‘ve heard about The people. And now let me walk you through

[2:06:59] the people. And now let me walk you through The homes that they live in.

[2:07:00] and now let me walk you through The homes that they live in. So today, strategic hfc has 4410

[2:07:06] the homes that they live in. So today, strategic hfc has 4410 Units in operation across travis

[2:07:08] so today, strategic hfc has 4410 Units in operation across travis County.

[2:07:08] units in operation across travis County. Over the past year, we‘ve

[2:07:10] county. Over the past year, we‘ve Strengthened our relationships

[2:07:11] over the past year, we‘ve Strengthened our relationships With development partners who

[2:07:12] strengthened our relationships With development partners who Know how to deliver quality

[2:07:14] with development partners who Know how to deliver quality Housing for our neighbors.

[2:07:14] know how to deliver quality Housing for our neighbors. In 2028,.

[2:07:18] housing for our neighbors. In 2028,. [laughter]

[2:07:18] in 2028,. [laughter] 2028, 2025, we delivered 648 new

[2:07:22] [laughter] 2028, 2025, we delivered 648 new Units across two properties.

[2:07:23] 2028, 2025, we delivered 648 new Units across two properties. First, the residents at ruby,

[2:07:26] units across two properties. First, the residents at ruby, Which is a workforce project off

[2:07:28] first, the residents at ruby, Which is a workforce project off Riverside.

[2:07:28] which is a workforce project off Riverside. This is our first delivery under

[2:07:31] riverside. This is our first delivery under The public workers pilot

[2:07:33] this is our first delivery under The public workers pilot Program.

[2:07:33] the public workers pilot Program. Through this pilot, we‘re

[2:07:35] program. Through this pilot, we‘re Prioritizing units for public

[2:07:36] through this pilot, we‘re Prioritizing units for public Employees who keep this

[2:07:37] prioritizing units for public Employees who keep this Community running and providing

[2:07:40] employees who keep this Community running and providing Additional incentives, such as

[2:07:42] community running and providing Additional incentives, such as Waived application fees and

[2:07:43] additional incentives, such as Waived application fees and Security deposits, layered rent

[2:07:46] waived application fees and Security deposits, layered rent Concessions and boutique

[2:07:47] security deposits, layered rent Concessions and boutique Referral bonuses.

[2:07:48] concessions and boutique Referral bonuses. The second project, daffin

[2:07:50] referral bonuses. The second project, daffin Flats, is a 4% latex project

[2:07:52] the second project, daffin Flats, is a 4% latex project Constructed by ellington

[2:07:54] flats, is a 4% latex project Constructed by ellington Capital.

[2:07:54] constructed by ellington Capital. The clearest sign that our

[2:07:56] capital. The clearest sign that our Partners are getting the

[2:07:57] the clearest sign that our Partners are getting the Resident experience right is

[2:07:58] partners are getting the Resident experience right is That our residents are voting

[2:08:00] resident experience right is That our residents are voting With their renewals and their

[2:08:02] that our residents are voting With their renewals and their Reviews.

[2:08:02] with their renewals and their Reviews. When you tour either property,

[2:08:04] reviews. When you tour either property, You can understand why the staff

[2:08:07] when you tour either property, You can understand why the staff Is kind and helpful.

[2:08:08] you can understand why the staff Is kind and helpful. The kitchens are big, the

[2:08:09] is kind and helpful. The kitchens are big, the Storage is plentiful, and the

[2:08:11] the kitchens are big, the Storage is plentiful, and the Layouts are designed for the

[2:08:12] storage is plentiful, and the Layouts are designed for the Families who actually live in

[2:08:13] layouts are designed for the Families who actually live in Them.

[2:08:13] families who actually live in Them. Just last week, we celebrated a

[2:08:15] them. Just last week, we celebrated a Ribbon cutting at another

[2:08:16] just last week, we celebrated a Ribbon cutting at another Ellington property, blue ridge

[2:08:18] ribbon cutting at another Ellington property, blue ridge Flats, a 4% latex deal bringing

[2:08:22] ellington property, blue ridge Flats, a 4% latex deal bringing 321 new units to our portfolio.

[2:08:23] flats, a 4% latex deal bringing 321 new units to our portfolio. I toured the property with a

[2:08:25] 321 new units to our portfolio. I toured the property with a Team and I was genuinely

[2:08:27] I toured the property with a Team and I was genuinely Impressed.

[2:08:27] team and I was genuinely Impressed. If any of you have not had the

[2:08:29] impressed. If any of you have not had the Chance to walk an ellington

[2:08:31] if any of you have not had the Chance to walk an ellington Affordable property, please

[2:08:32] chance to walk an ellington Affordable property, please Consider this an invitation.

[2:08:33] affordable property, please Consider this an invitation. We would love to show you what

[2:08:34] consider this an invitation. We would love to show you what Quality looks like at this

[2:08:36] we would love to show you what Quality looks like at this Scale, and as of this week, we

[2:08:37] quality looks like at this Scale, and as of this week, we Have another 514 units under

[2:08:41] scale, and as of this week, we Have another 514 units under Construction.

[2:08:41] have another 514 units under Construction. With that, I‘ll turn it back to

[2:08:43] construction. With that, I‘ll turn it back to Dianna, who will walk you

[2:08:44] with that, I‘ll turn it back to Dianna, who will walk you Through the projects in our

[2:08:45] dianna, who will walk you Through the projects in our Active pipeline market

[2:08:47] through the projects in our Active pipeline market Conditions, shaping them, and

[2:08:48] active pipeline market Conditions, shaping them, and How we oversee the portfolio we

[2:08:49] conditions, shaping them, and How we oversee the portfolio we Have already built.

[2:08:50] how we oversee the portfolio we Have already built. >> excellent.

[2:08:52] have already built. >> excellent. Thank you.

[2:08:52] >> excellent. Thank you. So I want to spend a moment on

[2:08:54] thank you. So I want to spend a moment on Our prospective deals in the

[2:08:56] so I want to spend a moment on Our prospective deals in the Pipeline.

[2:08:56] our prospective deals in the Pipeline. So these are projects that we

[2:08:58] pipeline. So these are projects that we Are actively working on but have

[2:09:00] so these are projects that we Are actively working on but have Not yet approved or closed.

[2:09:04] are actively working on but have Not yet approved or closed. This touches on two items.

[2:09:05] not yet approved or closed. This touches on two items. One, how we sort of think about

[2:09:07] this touches on two items. One, how we sort of think about Our deal terms and then how we

[2:09:10] one, how we sort of think about Our deal terms and then how we Ensure that we‘ve got a healthy

[2:09:11] our deal terms and then how we Ensure that we‘ve got a healthy Pipeline.

[2:09:12] ensure that we‘ve got a healthy Pipeline. We review and update our deal

[2:09:15] pipeline. We review and update our deal Standards at least annually for

[2:09:16] we review and update our deal Standards at least annually for Each deal type.

[2:09:17] standards at least annually for Each deal type. When we set those partnership

[2:09:20] each deal type. When we set those partnership Term terms, we‘re working really

[2:09:21] when we set those partnership Term terms, we‘re working really Hard to strike a balance to get

[2:09:24] term terms, we‘re working really Hard to strike a balance to get The most value for travis county

[2:09:27] hard to strike a balance to get The most value for travis county Residents and ensure that the

[2:09:29] the most value for travis county Residents and ensure that the Deal can still move forward,

[2:09:31] residents and ensure that the Deal can still move forward, That it‘s financially feasible.

[2:09:33] deal can still move forward, That it‘s financially feasible. And so we are interested in

[2:09:36] that it‘s financially feasible. And so we are interested in Scale, but we are being very

[2:09:38] and so we are interested in Scale, but we are being very Careful to ensure that when

[2:09:40] scale, but we are being very Careful to ensure that when We‘re looking at a pipeline,

[2:09:42] careful to ensure that when We‘re looking at a pipeline, We‘re really confident that the

[2:09:44] we‘re looking at a pipeline, We‘re really confident that the Deals in that pipeline are

[2:09:45] we‘re really confident that the Deals in that pipeline are Bringing real affordability and

[2:09:47] deals in that pipeline are Bringing real affordability and Real quality to the county.

[2:09:49] bringing real affordability and Real quality to the county. As you well know, the temporary

[2:09:52] real quality to the county. As you well know, the temporary Surge of supply and rental

[2:09:53] as you well know, the temporary Surge of supply and rental Housing has created vacancy in

[2:09:56] surge of supply and rental Housing has created vacancy in The rental market and soft

[2:09:58] housing has created vacancy in The rental market and soft Rents, and that has made it

[2:10:00] the rental market and soft Rents, and that has made it Quite difficult for our partners

[2:10:02] rents, and that has made it Quite difficult for our partners To secure debt and equity for

[2:10:04] quite difficult for our partners To secure debt and equity for Their deals.

[2:10:05] to secure debt and equity for Their deals. As a result, we‘ve had quite a

[2:10:07] their deals. As a result, we‘ve had quite a Few deals stall or fall out of

[2:10:09] as a result, we‘ve had quite a Few deals stall or fall out of Our pipeline.

[2:10:10] few deals stall or fall out of Our pipeline. So against that backdrop, we‘re

[2:10:12] our pipeline. So against that backdrop, we‘re Actually very pleased to have

[2:10:14] so against that backdrop, we‘re Actually very pleased to have Six projects in the active

[2:10:16] actually very pleased to have Six projects in the active Underwriting process.

[2:10:17] six projects in the active Underwriting process. These projects represent a mix

[2:10:19] underwriting process. These projects represent a mix Of tax credit and mixed income

[2:10:22] these projects represent a mix Of tax credit and mixed income Or workforce units.

[2:10:23] of tax credit and mixed income Or workforce units. And I will say that we when we

[2:10:26] or workforce units. And I will say that we when we Look at this, compared to the

[2:10:28] and I will say that we when we Look at this, compared to the Map of our existing portfolio,

[2:10:31] look at this, compared to the Map of our existing portfolio, We do see some improvement in

[2:10:33] map of our existing portfolio, We do see some improvement in The geographic concentration.

[2:10:35] we do see some improvement in The geographic concentration. That is in part thanks to mixed

[2:10:38] the geographic concentration. That is in part thanks to mixed Income properties, that which we

[2:10:39] that is in part thanks to mixed Income properties, that which we Have a little easier time

[2:10:41] income properties, that which we Have a little easier time Locating in other parts of town.

[2:10:43] have a little easier time Locating in other parts of town. And then I also want to note

[2:10:46] locating in other parts of town. And then I also want to note That a quarter of the units

[2:10:48] and then I also want to note That a quarter of the units Represented here are at 50% or

[2:10:51] that a quarter of the units Represented here are at 50% or Below mfi, and that‘s a big

[2:10:54] represented here are at 50% or Below mfi, and that‘s a big Change for strategic.

[2:10:56] below mfi, and that‘s a big Change for strategic. Our historic portfolio.

[2:10:58] change for strategic. Our historic portfolio. When we did our first analysis

[2:11:00] our historic portfolio. When we did our first analysis Was 95% at 60% am I.

[2:11:03] when we did our first analysis Was 95% at 60% am I. And so should all of these

[2:11:07] was 95% at 60% am I. And so should all of these Projects come

[2:11:08] and so should all of these Projects come >> come to fruition.

[2:11:08] projects come >> come to fruition. It would actually represent a

[2:11:11] >> come to fruition. It would actually represent a 250% increase in 50% units in

[2:11:14] it would actually represent a 250% increase in 50% units in Our portfolio.

[2:11:15] 250% increase in 50% units in Our portfolio. >> that‘s fabulous.

[2:11:16] our portfolio. >> that‘s fabulous. That‘s what we‘re hearing is

[2:11:18] >> that‘s fabulous. That‘s what we‘re hearing is There‘s a really great need for

[2:11:19] that‘s what we‘re hearing is There‘s a really great need for The even lower area median

[2:11:22] there‘s a really great need for The even lower area median Income priced units.

[2:11:23] the even lower area median Income priced units. >> and that‘s a result of our

[2:11:26] income priced units. >> and that‘s a result of our Policy work.

[2:11:27] >> and that‘s a result of our Policy work. We have in both our workforce

[2:11:31] policy work. We have in both our workforce Projects and our tech deals.

[2:11:33] we have in both our workforce Projects and our tech deals. Asked our developers to have at

[2:11:36] projects and our tech deals. Asked our developers to have at Least 10% of those units set

[2:11:39] asked our developers to have at Least 10% of those units set Aside at 50%.

[2:11:40] least 10% of those units set Aside at 50%. They may do more, but we want to

[2:11:42] aside at 50%. They may do more, but we want to Make sure that we do this both

[2:11:44] they may do more, but we want to Make sure that we do this both To reach the affordability needs

[2:11:46] make sure that we do this both To reach the affordability needs And, frankly, for the health of

[2:11:48] to reach the affordability needs And, frankly, for the health of Our portfolio so that we have a

[2:11:50] and, frankly, for the health of Our portfolio so that we have a Diversity of income levels and

[2:11:52] our portfolio so that we have a Diversity of income levels and We‘re not so vulnerable to

[2:11:54] diversity of income levels and We‘re not so vulnerable to Vacancy.

[2:11:56] we‘re not so vulnerable to Vacancy. So we‘ll go to the next slide.

[2:11:58] vacancy. So we‘ll go to the next slide. So how do we do this?

[2:12:01] so we‘ll go to the next slide. So how do we do this? How do we invest in these

[2:12:03] so how do we do this? How do we invest in these Projects?

[2:12:04] how do we invest in these Projects? As an hfc, our primary tools, as

[2:12:08] projects? As an hfc, our primary tools, as You know, are our authority to

[2:12:09] as an hfc, our primary tools, as You know, are our authority to Issue low interest debt in the

[2:12:11] you know, are our authority to Issue low interest debt in the Form of bonds that also unlocks

[2:12:14] issue low interest debt in the Form of bonds that also unlocks Tax credit and equity and our

[2:12:17] form of bonds that also unlocks Tax credit and equity and our Ability to confer a property tax

[2:12:19] tax credit and equity and our Ability to confer a property tax Exemption.

[2:12:19] ability to confer a property tax Exemption. When we enter a partnership.

[2:12:21] exemption. When we enter a partnership. Those will continue to be

[2:12:22] when we enter a partnership. Those will continue to be Critical tools, but we do want

[2:12:25] those will continue to be Critical tools, but we do want To expand that toolkit.

[2:12:28] critical tools, but we do want To expand that toolkit. And so we have begun directing

[2:12:31] to expand that toolkit. And so we have begun directing Available revenue into special

[2:12:32] and so we have begun directing Available revenue into special Board designated funds.

[2:12:34] available revenue into special Board designated funds. And I‘d like to share the

[2:12:35] board designated funds. And I‘d like to share the Details of a couple of funds

[2:12:37] and I‘d like to share the Details of a couple of funds That we are now deploying that

[2:12:39] details of a couple of funds That we are now deploying that Support both the supply of

[2:12:41] that we are now deploying that Support both the supply of Affordable housing and good

[2:12:43] support both the supply of Affordable housing and good Stewardship of our portfolio.

[2:12:44] affordable housing and good Stewardship of our portfolio. So first, I‘ll speak to the

[2:12:47] stewardship of our portfolio. So first, I‘ll speak to the Housing production fund.

[2:12:48] so first, I‘ll speak to the Housing production fund. As a reminder, we created this

[2:12:52] housing production fund. As a reminder, we created this As a tool to catalyze the

[2:12:54] as a reminder, we created this As a tool to catalyze the Development of affordable

[2:12:55] as a tool to catalyze the Development of affordable Housing.

[2:12:55] development of affordable Housing. And the idea here is that the

[2:12:57] housing. And the idea here is that the Fund will help us meet policy

[2:12:59] and the idea here is that the Fund will help us meet policy Goals.

[2:12:59] fund will help us meet policy Goals. So that may be deeper

[2:13:01] goals. So that may be deeper Affordability.

[2:13:01] so that may be deeper Affordability. It may be geographic diversity

[2:13:03] affordability. It may be geographic diversity Or higher quality, or especially

[2:13:06] it may be geographic diversity Or higher quality, or especially In difficult market conditions

[2:13:08] or higher quality, or especially In difficult market conditions Like we now find ourselves in.

[2:13:10] in difficult market conditions Like we now find ourselves in. It may provide us those

[2:13:12] like we now find ourselves in. It may provide us those Additional resources that are

[2:13:14] it may provide us those Additional resources that are Necessary to just get a deal to

[2:13:16] additional resources that are Necessary to just get a deal to The finish line.

[2:13:17] necessary to just get a deal to The finish line. So the balance of the fund is

[2:13:21] the finish line. So the balance of the fund is Currently $15 million.

[2:13:22] so the balance of the fund is Currently $15 million. And we are now beginning to

[2:13:24] currently $15 million. And we are now beginning to Deploy it.

[2:13:24] and we are now beginning to Deploy it. The fund is structured

[2:13:28] deploy it. The fund is structured Effectively as a revolving loan

[2:13:30] the fund is structured Effectively as a revolving loan Fund.

[2:13:30] effectively as a revolving loan Fund. So in the short term we expect

[2:13:33] fund. So in the short term we expect To use these funds to bridge

[2:13:35] so in the short term we expect To use these funds to bridge Financing gaps for our partners.

[2:13:37] to use these funds to bridge Financing gaps for our partners. And those gaps are being driven

[2:13:39] financing gaps for our partners. And those gaps are being driven By higher vacancy rates and

[2:13:41] and those gaps are being driven By higher vacancy rates and Lower rents.

[2:13:42] by higher vacancy rates and Lower rents. We are structuring the loans as

[2:13:45] lower rents. We are structuring the loans as A subordinate to the senior

[2:13:49] we are structuring the loans as A subordinate to the senior Debt.

[2:13:49] a subordinate to the senior Debt. So either construction or

[2:13:51] debt. So either construction or Permanent lending, and they‘ll

[2:13:53] so either construction or Permanent lending, and they‘ll Be typically be repayable

[2:13:54] permanent lending, and they‘ll Be typically be repayable Through net cash flow.

[2:13:55] be typically be repayable Through net cash flow. So that would happen as the

[2:13:58] through net cash flow. So that would happen as the Market improves, as the project

[2:14:02] so that would happen as the Market improves, as the project Stabilizes or at refinance, or

[2:14:04] market improves, as the project Stabilizes or at refinance, or When a partner leaves and sells

[2:14:07] stabilizes or at refinance, or When a partner leaves and sells Their interest in the property.

[2:14:08] when a partner leaves and sells Their interest in the property. Those funds would come back to

[2:14:11] their interest in the property. Those funds would come back to Strategic with a modest interest

[2:14:13] those funds would come back to Strategic with a modest interest Rate because the funds are

[2:14:17] strategic with a modest interest Rate because the funds are Limited, we are focusing these

[2:14:18] rate because the funds are Limited, we are focusing these On deals which we think really

[2:14:21] limited, we are focusing these On deals which we think really Produce quality and impact as

[2:14:23] on deals which we think really Produce quality and impact as Measured by our strategic

[2:14:26] produce quality and impact as Measured by our strategic Affordability impact measure,

[2:14:28] measured by our strategic Affordability impact measure, Which, as you may recall,

[2:14:30] affordability impact measure, Which, as you may recall, Balances the number of units,

[2:14:31] which, as you may recall, Balances the number of units, The size, the location, the

[2:14:34] balances the number of units, The size, the location, the Depth of affordability, and the

[2:14:35] the size, the location, the Depth of affordability, and the Length of affordability.

[2:14:36] depth of affordability, and the Length of affordability. >> diana, right now, are you

[2:14:37] length of affordability. >> diana, right now, are you Just using this fund to support

[2:14:41] >> diana, right now, are you Just using this fund to support Deals that you all are part of?

[2:14:43] just using this fund to support Deals that you all are part of? >> correct.

[2:14:44] deals that you all are part of? >> correct. That‘s right.

[2:14:45] >> correct. That‘s right. And so really, thus far, we are

[2:14:49] that‘s right. And so really, thus far, we are Primarily looking at deals that

[2:14:51] and so really, thus far, we are Primarily looking at deals that Were already in our pipeline but

[2:14:53] primarily looking at deals that Were already in our pipeline but Had stalled because of the

[2:14:55] were already in our pipeline but Had stalled because of the Changes in the market

[2:14:56] had stalled because of the Changes in the market Conditions.

[2:14:57] changes in the market Conditions. It is important because, as you

[2:15:00] conditions. It is important because, as you Know, we are self-sufficient

[2:15:03] it is important because, as you Know, we are self-sufficient Financially that we use this to

[2:15:06] know, we are self-sufficient Financially that we use this to Generate deals, that we continue

[2:15:07] financially that we use this to Generate deals, that we continue To see some revenue over time

[2:15:10] generate deals, that we continue To see some revenue over time For our own stability.

[2:15:12] to see some revenue over time For our own stability. But we can be patient and we can

[2:15:14] for our own stability. But we can be patient and we can Provide preferential financing

[2:15:16] but we can be patient and we can Provide preferential financing Options for partners.

[2:15:17] provide preferential financing Options for partners. >> voted to invest.

[2:15:19] options for partners. >> voted to invest. Contribute funding from our pot

[2:15:23] >> voted to invest. Contribute funding from our pot Of money that we earn through

[2:15:26] contribute funding from our pot Of money that we earn through Housing deals to the austin

[2:15:27] of money that we earn through Housing deals to the austin Community foundations.

[2:15:29] housing deals to the austin Community foundations. I forget what they‘re calling

[2:15:30] community foundations. I forget what they‘re calling It.

[2:15:30] I forget what they‘re calling It. Accelerator fund, accelerator

[2:15:32] it. Accelerator fund, accelerator Fund, but it sounds similar to

[2:15:34] accelerator fund, accelerator Fund, but it sounds similar to This fund.

[2:15:34] fund, but it sounds similar to This fund. >> yes, it‘s similar in concept.

[2:15:37] this fund. >> yes, it‘s similar in concept. I would say my understanding of

[2:15:39] >> yes, it‘s similar in concept. I would say my understanding of The accelerator fund is it tends

[2:15:41] I would say my understanding of The accelerator fund is it tends To be a little more on the

[2:15:44] the accelerator fund is it tends To be a little more on the Pre-development and acquisition

[2:15:46] to be a little more on the Pre-development and acquisition Side.

[2:15:46] pre-development and acquisition Side. This would be a similar concept,

[2:15:49] side. This would be a similar concept, Perhaps a little more patient

[2:15:51] this would be a similar concept, Perhaps a little more patient Into operations, but I think we

[2:15:53] perhaps a little more patient Into operations, but I think we Are interested in working with

[2:15:57] into operations, but I think we Are interested in working with Entities like acf to see whether

[2:15:59] are interested in working with Entities like acf to see whether We can leverage this over time,

[2:16:01] entities like acf to see whether We can leverage this over time, Or even looking to some of the

[2:16:04] we can leverage this over time, Or even looking to some of the National community development

[2:16:05] or even looking to some of the National community development Financial institutions to see

[2:16:07] national community development Financial institutions to see Whether we can grow impact in

[2:16:09] financial institutions to see Whether we can grow impact in The short term.

[2:16:10] whether we can grow impact in The short term. We are looking forward to

[2:16:11] the short term. We are looking forward to Bringing our first loan to the

[2:16:13] we are looking forward to Bringing our first loan to the Board in the next 30 to 60 days.

[2:16:15] bringing our first loan to the Board in the next 30 to 60 days. >> great.

[2:16:16] board in the next 30 to 60 days. >> great. >> we‘ve been hearing

[2:16:18] >> great. >> we‘ve been hearing Demographic reports lately about

[2:16:20] >> we‘ve been hearing Demographic reports lately about Loss of population, partly

[2:16:22] demographic reports lately about Loss of population, partly Driven by crackdowns on

[2:16:24] loss of population, partly Driven by crackdowns on Immigration.

[2:16:24] driven by crackdowns on Immigration. How is that factoring into

[2:16:28] immigration. How is that factoring into Projections?

[2:16:28] how is that factoring into Projections? I know that we don‘t seem to be

[2:16:30] projections? I know that we don‘t seem to be Great at managing the boom and

[2:16:33] I know that we don‘t seem to be Great at managing the boom and Bust cycles.

[2:16:34] great at managing the boom and Bust cycles. On development of new housing.

[2:16:36] bust cycles. On development of new housing. In fact, 5000 units were

[2:16:38] on development of new housing. In fact, 5000 units were Scheduled to come on in the

[2:16:42] in fact, 5000 units were Scheduled to come on in the Apartment world over a two year

[2:16:43] scheduled to come on in the Apartment world over a two year Period.

[2:16:44] apartment world over a two year Period. I think you say 3000 new units

[2:16:46] period. I think you say 3000 new units Came on last year, correct?

[2:16:48] I think you say 3000 new units Came on last year, correct? And that‘s part of what‘s

[2:16:50] came on last year, correct? And that‘s part of what‘s Driving down the price of of

[2:16:53] and that‘s part of what‘s Driving down the price of of Rental units, which is good for

[2:16:54] driving down the price of of Rental units, which is good for The consumer.

[2:16:55] rental units, which is good for The consumer. But it‘s also affecting our

[2:16:58] the consumer. But it‘s also affecting our Affordable housing units.

[2:16:59] but it‘s also affecting our Affordable housing units. I think you say this is caused

[2:17:01] affordable housing units. I think you say this is caused Higher vacancies than you.

[2:17:03] I think you say this is caused Higher vacancies than you. That‘s correct.

[2:17:04] higher vacancies than you. That‘s correct. Traditionally seen.

[2:17:05] that‘s correct. Traditionally seen. How do you see that evolving

[2:17:08] traditionally seen. How do you see that evolving With these new demographic data

[2:17:10] how do you see that evolving With these new demographic data Points about loss of population.

[2:17:13] with these new demographic data Points about loss of population. >> so I don‘t know that we have

[2:17:16] points about loss of population. >> so I don‘t know that we have A clear answer.

[2:17:17] >> so I don‘t know that we have A clear answer. I will say, and I should say

[2:17:19] a clear answer. I will say, and I should say That our portfolio overall is

[2:17:22] I will say, and I should say That our portfolio overall is Sitting at 83% vacant.

[2:17:25] that our portfolio overall is Sitting at 83% vacant. Excuse me, occupancy right now.

[2:17:27] sitting at 83% vacant. Excuse me, occupancy right now. And it has stabilized.

[2:17:30] excuse me, occupancy right now. And it has stabilized. We‘ll talk a little bit more

[2:17:31] and it has stabilized. We‘ll talk a little bit more About that in a moment.

[2:17:32] we‘ll talk a little bit more About that in a moment. Most of the analysis that we‘re

[2:17:35] about that in a moment. Most of the analysis that we‘re Seeing still believes the

[2:17:38] most of the analysis that we‘re Seeing still believes the Fundamentals are strong for

[2:17:39] seeing still believes the Fundamentals are strong for Travis county, that our

[2:17:40] fundamentals are strong for Travis county, that our Population is growing, that we

[2:17:42] travis county, that our Population is growing, that we Have, you know, relatively

[2:17:43] population is growing, that we Have, you know, relatively Robust job creation, etc.

[2:17:45] have, you know, relatively Robust job creation, etc. That said, of course, the

[2:17:48] robust job creation, etc. That said, of course, the Fundamental of what is happening

[2:17:50] that said, of course, the Fundamental of what is happening With immigration enforcement is

[2:17:52] fundamental of what is happening With immigration enforcement is It‘s a population which we by

[2:17:55] with immigration enforcement is It‘s a population which we by Definition, don‘t have great

[2:17:56] it‘s a population which we by Definition, don‘t have great Numbers.

[2:17:56] definition, don‘t have great Numbers. I don‘t know whether in your

[2:17:59] numbers. I don‘t know whether in your Work and sort of asset

[2:18:00] I don‘t know whether in your Work and sort of asset Management.

[2:18:00] work and sort of asset Management. President huddleston, you‘ve,

[2:18:02] management. President huddleston, you‘ve, You know, had any insight into

[2:18:04] president huddleston, you‘ve, You know, had any insight into What is predicted there.

[2:18:08] you know, had any insight into What is predicted there. >> I think to speak to where the

[2:18:10] what is predicted there. >> I think to speak to where the Market is today, over 75% of the

[2:18:15] >> I think to speak to where the Market is today, over 75% of the Conventional rate, market rate

[2:18:17] market is today, over 75% of the Conventional rate, market rate Apartments are competing with at

[2:18:19] conventional rate, market rate Apartments are competing with at That 51% ami level directly with

[2:18:22] apartments are competing with at That 51% ami level directly with Our portfolio.

[2:18:24] that 51% ami level directly with Our portfolio. And what it looks like in the

[2:18:27] our portfolio. And what it looks like in the Future.

[2:18:28] and what it looks like in the Future. I do think we we need to be

[2:18:31] future. I do think we we need to be Mindl of population growth

[2:18:32] I do think we we need to be Mindl of population growth Because to your point, I don‘t

[2:18:34] mindl of population growth Because to your point, I don‘t Think we are seeing the boom

[2:18:35] because to your point, I don‘t Think we are seeing the boom That we saw in in 21 to really

[2:18:39] think we are seeing the boom That we saw in in 21 to really Catalyze all of the development

[2:18:40] that we saw in in 21 to really Catalyze all of the development That is ming.

[2:18:41] catalyze all of the development That is ming. And so it‘s something that will

[2:18:43] that is ming. And so it‘s something that will Definitely have a pulse on going

[2:18:45] and so it‘s something that will Definitely have a pulse on going Forward.

[2:18:46] definitely have a pulse on going Forward. It‘s something that‘s of

[2:18:47] forward. It‘s something that‘s of Particular interest to me in

[2:18:51] it‘s something that‘s of Particular interest to me in Getting the the.

[2:18:54] particular interest to me in Getting the the. Vacancy down is in housing, as

[2:19:00] getting the the. Vacancy down is in housing, as Many of our travis county

[2:19:01] vacancy down is in housing, as Many of our travis county Neighbors as possible.

[2:19:02] many of our travis county Neighbors as possible. So it‘s something that we‘ll

[2:19:04] neighbors as possible. So it‘s something that we‘ll We‘ll continue to monitor.

[2:19:06] so it‘s something that we‘ll We‘ll continue to monitor. And I think our risk rating

[2:19:09] we‘ll continue to monitor. And I think our risk rating Platform that we will talk

[2:19:11] and I think our risk rating Platform that we will talk About, we‘ll kind of show you

[2:19:12] platform that we will talk About, we‘ll kind of show you How we‘re monitoring that risk

[2:19:14] about, we‘ll kind of show you How we‘re monitoring that risk And intervening.

[2:19:15] how we‘re monitoring that risk And intervening. >> thank you.

[2:19:16] and intervening. >> thank you. Just just to piggyback on that a

[2:19:18] >> thank you. Just just to piggyback on that a Little, I‘m concerned that a lot

[2:19:22] just just to piggyback on that a Little, I‘m concerned that a lot Of people that were traditional

[2:19:24] little, I‘m concerned that a lot Of people that were traditional East austin families, as I get

[2:19:28] of people that were traditional East austin families, as I get Older on fixed incomes, it looks

[2:19:31] east austin families, as I get Older on fixed incomes, it looks Like 183 is yeah.

[2:19:34] older on fixed incomes, it looks Like 183 is yeah. 183 looks like what, 35 looked

[2:19:36] like 183 is yeah. 183 looks like what, 35 looked Like 50 years ago that we‘re

[2:19:38] 183 looks like what, 35 looked Like 50 years ago that we‘re Moving people out and we‘re

[2:19:40] like 50 years ago that we‘re Moving people out and we‘re Moving them into places where we

[2:19:42] moving people out and we‘re Moving them into places where we Don‘t have nearly as many

[2:19:45] moving them into places where we Don‘t have nearly as many Resources for them.

[2:19:46] don‘t have nearly as many Resources for them. So my question really is, have

[2:19:48] resources for them. So my question really is, have We considered or are we allowed

[2:19:52] so my question really is, have We considered or are we allowed To look at partnerships that

[2:19:54] we considered or are we allowed To look at partnerships that Will provide more services in

[2:19:57] to look at partnerships that Will provide more services in Our facilities?

[2:19:58] will provide more services in Our facilities? Is there an opportunity to

[2:20:00] our facilities? Is there an opportunity to Partner with central health?

[2:20:03] is there an opportunity to Partner with central health? Is there an opportunity to

[2:20:05] partner with central health? Is there an opportunity to Partner with the dell medical

[2:20:08] is there an opportunity to Partner with the dell medical Center so that we are so that

[2:20:12] partner with the dell medical Center so that we are so that Through creative financing or

[2:20:15] center so that we are so that Through creative financing or Through through academic

[2:20:17] through creative financing or Through through academic Training processes, is able to

[2:20:19] through through academic Training processes, is able to Provide more services,

[2:20:21] training processes, is able to Provide more services, Partularly for our elderly

[2:20:23] provide more services, Partularly for our elderly Population, population, and keep

[2:20:25] partularly for our elderly Population, population, and keep Them in town rather than pushing

[2:20:27] population, population, and keep Them in town rather than pushing Them out where maybe they can

[2:20:29] them in town rather than pushing Them out where maybe they can Afford it better, but they don‘t

[2:20:30] them out where maybe they can Afford it better, but they don‘t Get the services that they need.

[2:20:32] afford it better, but they don‘t Get the services that they need. Have we have we considered any

[2:20:37] get the services that they need. Have we have we considered any Opportunities to do that, and

[2:20:38] have we have we considered any Opportunities to do that, and Are there any, any legal

[2:20:41] opportunities to do that, and Are there any, any legal Prohibitions for those types of

[2:20:43] are there any, any legal Prohibitions for those types of Partnerships to exist?

[2:20:45] prohibitions for those types of Partnerships to exist? >> so there there are no legal

[2:20:48] partnerships to exist? >> so there there are no legal Prohibitions for those

[2:20:49] >> so there there are no legal Prohibitions for those Partnerships.

[2:20:50] prohibitions for those Partnerships. I‘ll I‘ll give you an example.

[2:20:53] partnerships. I‘ll I‘ll give you an example. Typically it‘s co-location

[2:20:55] I‘ll I‘ll give you an example. Typically it‘s co-location Though, right?

[2:20:56] typically it‘s co-location Though, right? You know, what you would have is

[2:20:58] though, right? You know, what you would have is A property where whether it is

[2:21:01] you know, what you would have is A property where whether it is One building or multiple

[2:21:03] a property where whether it is One building or multiple Buildings, the activities of,

[2:21:05] one building or multiple Buildings, the activities of, Say, a clinic are leased out to,

[2:21:08] buildings, the activities of, Say, a clinic are leased out to, To that other entity terrorists

[2:21:11] say, a clinic are leased out to, To that other entity terrorists At oak springs is actually an

[2:21:12] to that other entity terrorists At oak springs is actually an Example of that.

[2:21:13] at oak springs is actually an Example of that. The while it is sponsored by

[2:21:18] example of that. The while it is sponsored by Integral care, at one point they

[2:21:20] the while it is sponsored by Integral care, at one point they Talked about having community

[2:21:21] integral care, at one point they Talked about having community Care lease that clinic, and I

[2:21:24] talked about having community Care lease that clinic, and I Think integral care.

[2:21:25] care lease that clinic, and I Think integral care. I believe it is integral care

[2:21:27] think integral care. I believe it is integral care Now, but it is treated as a

[2:21:29] I believe it is integral care Now, but it is treated as a Separate condo site actually.

[2:21:32] now, but it is treated as a Separate condo site actually. So I think we‘re very interested

[2:21:33] separate condo site actually. So I think we‘re very interested In that.

[2:21:33] so I think we‘re very interested In that. Obviously, we work with

[2:21:35] in that. Obviously, we work with Development partners.

[2:21:36] obviously, we work with Development partners. And so, you know, it will

[2:21:38] development partners. And so, you know, it will Require some careful matching of

[2:21:41] and so, you know, it will Require some careful matching of Partners to identify that, you

[2:21:43] require some careful matching of Partners to identify that, you Know, we know, for example, that

[2:21:45] partners to identify that, you Know, we know, for example, that There‘s a shortage of ems

[2:21:46] know, we know, for example, that There‘s a shortage of ems Stations in manner and other

[2:21:49] there‘s a shortage of ems Stations in manner and other Parts of the county.

[2:21:51] stations in manner and other Parts of the county. And so I think that‘s something

[2:21:53] parts of the county. And so I think that‘s something We‘d love to look at over time

[2:21:56] and so I think that‘s something We‘d love to look at over time And really think about how we,

[2:21:59] we‘d love to look at over time And really think about how we, As a public financing entity can

[2:22:03] and really think about how we, As a public financing entity can Catalyze that given our current

[2:22:05] as a public financing entity can Catalyze that given our current Tools or whether we might need

[2:22:07] catalyze that given our current Tools or whether we might need To be thinking about, you know,

[2:22:10] tools or whether we might need To be thinking about, you know, Do we look at us securing the

[2:22:13] to be thinking about, you know, Do we look at us securing the Property first and then having

[2:22:16] do we look at us securing the Property first and then having An rfp that says, these are the

[2:22:18] property first and then having An rfp that says, these are the Kinds of uses we really want to

[2:22:20] an rfp that says, these are the Kinds of uses we really want to See here.

[2:22:21] kinds of uses we really want to See here. So we have a little more

[2:22:23] see here. So we have a little more Influence over.

[2:22:23] so we have a little more Influence over. >> what I‘d like to convene a

[2:22:26] influence over. >> what I‘d like to convene a Community conversation about

[2:22:27] >> what I‘d like to convene a Community conversation about That topic to work with our

[2:22:31] community conversation about That topic to work with our Churches, because a lot of them

[2:22:32] that topic to work with our Churches, because a lot of them Have sick and shut in.

[2:22:34] churches, because a lot of them Have sick and shut in. And what that means is you‘re

[2:22:35] have sick and shut in. And what that means is you‘re Too ill to come to church every

[2:22:37] and what that means is you‘re Too ill to come to church every Weekend.

[2:22:38] too ill to come to church every Weekend. So how do we look at the

[2:22:41] weekend. So how do we look at the Institutions and community that

[2:22:44] so how do we look at the Institutions and community that That kind of document, who needs

[2:22:46] institutions and community that That kind of document, who needs Help and where they are and see

[2:22:48] that kind of document, who needs Help and where they are and see Whether there is a a way to

[2:22:50] help and where they are and see Whether there is a a way to Build a system to address with

[2:22:53] whether there is a a way to Build a system to address with To address those types of

[2:22:55] build a system to address with To address those types of Populations.

[2:22:56] to address those types of Populations. So I‘d like to work directly.

[2:22:57] populations. So I‘d like to work directly. We‘d like to work directly with

[2:22:59] so I‘d like to work directly. We‘d like to work directly with You to have that conversation.

[2:23:01] we‘d like to work directly with You to have that conversation. >> excellent.

[2:23:01] you to have that conversation. >> excellent. Thank you sir.

[2:23:02] >> excellent. Thank you sir. All right.

[2:23:06] thank you sir. All right. I will quickly talk about our

[2:23:09] all right. I will quickly talk about our Second board designated fund,

[2:23:11] I will quickly talk about our Second board designated fund, Which is our portfolio fund.

[2:23:12] second board designated fund, Which is our portfolio fund. This we created late last year,

[2:23:16] which is our portfolio fund. This we created late last year, The portfolio fund currently has

[2:23:18] this we created late last year, The portfolio fund currently has A balance of $4.1 million, and

[2:23:21] the portfolio fund currently has A balance of $4.1 million, and That is based on our initial

[2:23:23] a balance of $4.1 million, and That is based on our initial Target of having $1,000 in this

[2:23:26] that is based on our initial Target of having $1,000 in this Fund for every property in our

[2:23:29] target of having $1,000 in this Fund for every property in our Operating portfolio.

[2:23:30] fund for every property in our Operating portfolio. The idea here is that the fund

[2:23:34] operating portfolio. The idea here is that the fund Allows us to plan for capital

[2:23:36] the idea here is that the fund Allows us to plan for capital Needs and also to manage the

[2:23:38] allows us to plan for capital Needs and also to manage the Risks that are inherent in any

[2:23:40] needs and also to manage the Risks that are inherent in any Large portfolio.

[2:23:41] risks that are inherent in any Large portfolio. The fund is flexible, but we

[2:23:44] large portfolio. The fund is flexible, but we Want to share with you three

[2:23:46] the fund is flexible, but we Want to share with you three Uses that we have conceptualized

[2:23:49] want to share with you three Uses that we have conceptualized As likely for the resource.

[2:23:52] uses that we have conceptualized As likely for the resource. First of all, as tax credit

[2:23:54] as likely for the resource. First of all, as tax credit Deals approach their 15 year

[2:23:57] first of all, as tax credit Deals approach their 15 year Compliance period, very often

[2:24:00] deals approach their 15 year Compliance period, very often The partnerships either give the

[2:24:03] compliance period, very often The partnerships either give the Housing finance corporation the

[2:24:04] the partnerships either give the Housing finance corporation the Option or sometimes even require

[2:24:07] housing finance corporation the Option or sometimes even require Us to buy out the interest of

[2:24:09] option or sometimes even require Us to buy out the interest of The investor limited partner.

[2:24:11] us to buy out the interest of The investor limited partner. It is.

[2:24:12] the investor limited partner. It is. I will just to give you an

[2:24:14] it is. I will just to give you an Example, in a couple of

[2:24:15] I will just to give you an Example, in a couple of Transactions we‘ve had, this has

[2:24:17] example, in a couple of Transactions we‘ve had, this has Been between 750,000 to 1

[2:24:21] transactions we‘ve had, this has Been between 750,000 to 1 Million, $1.25 million.

[2:24:23] been between 750,000 to 1 Million, $1.25 million. It does increase our level of

[2:24:27] million, $1.25 million. It does increase our level of Influence in the partnership as

[2:24:29] it does increase our level of Influence in the partnership as Well as the financial impact for

[2:24:32] influence in the partnership as Well as the financial impact for Us.

[2:24:32] well as the financial impact for Us. And so we want to be able to do

[2:24:33] us. And so we want to be able to do That.

[2:24:34] and so we want to be able to do That. But we need to plan for it so

[2:24:36] that. But we need to plan for it so That it is not a surprise and

[2:24:38] but we need to plan for it so That it is not a surprise and Doesn‘t affect our ongoing

[2:24:40] that it is not a surprise and Doesn‘t affect our ongoing Operations.

[2:24:41] doesn‘t affect our ongoing Operations. Through this fund, we‘ve been

[2:24:43] operations. Through this fund, we‘ve been Able to start planning for

[2:24:46] through this fund, we‘ve been Able to start planning for Those.

[2:24:46] able to start planning for Those. Second, while the cost of major

[2:24:48] those. Second, while the cost of major Repairs or renovation will

[2:24:51] second, while the cost of major Repairs or renovation will Typically be financed through

[2:24:52] repairs or renovation will Typically be financed through The partnerships and their own

[2:24:54] typically be financed through The partnerships and their own Their own sources of financing,

[2:24:56] the partnerships and their own Their own sources of financing, We do want to have capital on

[2:24:58] their own sources of financing, We do want to have capital on Hand to meet any urgent needs or

[2:25:02] we do want to have capital on Hand to meet any urgent needs or Emergencies that arise on our

[2:25:05] hand to meet any urgent needs or Emergencies that arise on our Properties, and so this is

[2:25:07] emergencies that arise on our Properties, and so this is Particularly important as our

[2:25:10] properties, and so this is Particularly important as our Portfolio ages a bit.

[2:25:11] particularly important as our Portfolio ages a bit. The graph tells you that about a

[2:25:14] portfolio ages a bit. The graph tells you that about a Third of our portfolio is now

[2:25:16] the graph tells you that about a Third of our portfolio is now Over ten years old, still a

[2:25:18] third of our portfolio is now Over ten years old, still a Relatively young portfolio, but

[2:25:20] over ten years old, still a Relatively young portfolio, but They are not all new properties

[2:25:23] relatively young portfolio, but They are not all new properties Anymore.

[2:25:23] they are not all new properties Anymore. And then finally, as we have

[2:25:26] anymore. And then finally, as we have Given close attention to the

[2:25:28] and then finally, as we have Given close attention to the Existing portfolio, we have

[2:25:31] given close attention to the Existing portfolio, we have Identified some legacy issues

[2:25:33] existing portfolio, we have Identified some legacy issues That are resulting in

[2:25:35] identified some legacy issues That are resulting in Non-routine legal costs where we

[2:25:37] that are resulting in Non-routine legal costs where we Really need to work on righting

[2:25:39] non-routine legal costs where we Really need to work on righting The ship on a partnership or

[2:25:41] really need to work on righting The ship on a partnership or Two.

[2:25:41] the ship on a partnership or Two. And so this fund will help us

[2:25:43] two. And so this fund will help us Manage those risks without

[2:25:46] and so this fund will help us Manage those risks without Impacting our ongoing

[2:25:47] manage those risks without Impacting our ongoing Operations, operational health.

[2:25:49] impacting our ongoing Operations, operational health. Cost.

[2:25:52] operations, operational health. Cost. All right.

[2:25:53] cost. All right. So this brings us then to how

[2:25:55] all right. So this brings us then to how We‘re overseeing the operating

[2:25:57] so this brings us then to how We‘re overseeing the operating Portfolio day to day.

[2:25:59] we‘re overseeing the operating Portfolio day to day. Last year, we briefed the court

[2:26:01] portfolio day to day. Last year, we briefed the court On a newly created risk rating

[2:26:03] last year, we briefed the court On a newly created risk rating Framework.

[2:26:03] on a newly created risk rating Framework. And I want to update you on

[2:26:06] framework. And I want to update you on That.

[2:26:06] and I want to update you on That. But also note that this is not

[2:26:09] that. But also note that this is not Just a tool, but that we do have

[2:26:11] but also note that this is not Just a tool, but that we do have A team on this.

[2:26:12] just a tool, but that we do have A team on this. We have two full time employees

[2:26:15] a team on this. We have two full time employees That are dedicated to monitoring

[2:26:17] we have two full time employees That are dedicated to monitoring The portfolio, both in terms of

[2:26:20] that are dedicated to monitoring The portfolio, both in terms of Its ongoing health as well as

[2:26:23] the portfolio, both in terms of Its ongoing health as well as Compliance with the various

[2:26:25] its ongoing health as well as Compliance with the various Regulations that we operate

[2:26:27] compliance with the various Regulations that we operate Within.

[2:26:27] regulations that we operate Within. So we now have a full cycle of

[2:26:29] within. So we now have a full cycle of Data collection under our belts

[2:26:31] so we now have a full cycle of Data collection under our belts For our risk rating analysis.

[2:26:33] data collection under our belts For our risk rating analysis. Every quarter, we evaluate each

[2:26:36] for our risk rating analysis. Every quarter, we evaluate each Property in the portfolio

[2:26:38] every quarter, we evaluate each Property in the portfolio Against five categories physical

[2:26:40] property in the portfolio Against five categories physical Condition, financial

[2:26:42] against five categories physical Condition, financial Performance, occupancy,

[2:26:44] condition, financial Performance, occupancy, Partnership and compliance, and

[2:26:45] performance, occupancy, Partnership and compliance, and Tenant experience.

[2:26:46] partnership and compliance, and Tenant experience. These in turn are based on about

[2:26:50] tenant experience. These in turn are based on about 17 sub indicators that feed into

[2:26:53] these in turn are based on about 17 sub indicators that feed into Those, and we generate a score

[2:26:55] 17 sub indicators that feed into Those, and we generate a score Of 1 to 5 for each of our

[2:26:58] those, and we generate a score Of 1 to 5 for each of our Categories.

[2:26:59] of 1 to 5 for each of our Categories. Based on that, our portfolio

[2:27:02] categories. Based on that, our portfolio Portfolio manager classifies

[2:27:04] based on that, our portfolio Portfolio manager classifies Every property in our portfolio.

[2:27:06] portfolio manager classifies Every property in our portfolio. And basically there are three

[2:27:09] every property in our portfolio. And basically there are three Categories.

[2:27:09] and basically there are three Categories. One is routine monitoring.

[2:27:10] categories. One is routine monitoring. Everything is moving along as

[2:27:13] one is routine monitoring. Everything is moving along as Expected.

[2:27:13] everything is moving along as Expected. Second is watch list and the

[2:27:15] expected. Second is watch list and the Third is high priority or

[2:27:18] second is watch list and the Third is high priority or Immediate action.

[2:27:19] third is high priority or Immediate action. This helps us spot trends early

[2:27:23] immediate action. This helps us spot trends early And allows us to work with our

[2:27:24] this helps us spot trends early And allows us to work with our Partners to course correct

[2:27:26] and allows us to work with our Partners to course correct Before a small issue becomes a

[2:27:28] partners to course correct Before a small issue becomes a Crisis for the property or for

[2:27:30] before a small issue becomes a Crisis for the property or for Residents.

[2:27:31] crisis for the property or for Residents. So the average risk rating on

[2:27:33] residents. So the average risk rating on Our properties at the end of

[2:27:35] so the average risk rating on Our properties at the end of Last year was 2.3.

[2:27:36] our properties at the end of Last year was 2.3. Telling us that, generally

[2:27:39] last year was 2.3. Telling us that, generally Speaking, the portfolio had a

[2:27:42] telling us that, generally Speaking, the portfolio had a Moderate risk.

[2:27:43] speaking, the portfolio had a Moderate risk. Given this average, we did

[2:27:45] moderate risk. Given this average, we did Actually see more properties

[2:27:47] given this average, we did Actually see more properties Than we might otherwise

[2:27:49] actually see more properties Than we might otherwise Anticipate on our watch list or

[2:27:51] than we might otherwise Anticipate on our watch list or Our high priority.

[2:27:52] anticipate on our watch list or Our high priority. And that was driven,

[2:27:55] our high priority. And that was driven, Unsurprisingly, by occupancy

[2:27:57] and that was driven, Unsurprisingly, by occupancy Issues really across the

[2:27:59] unsurprisingly, by occupancy Issues really across the Portfolio.

[2:27:59] issues really across the Portfolio. So the the occupancy numbers

[2:28:02] portfolio. So the the occupancy numbers That we‘re seeing in our

[2:28:04] so the the occupancy numbers That we‘re seeing in our Portfolio are unusual.

[2:28:06] that we‘re seeing in our Portfolio are unusual. Of course, I will just tell you

[2:28:08] portfolio are unusual. Of course, I will just tell you That even when I came on board

[2:28:09] of course, I will just tell you That even when I came on board In january of 24 and the market

[2:28:13] that even when I came on board In january of 24 and the market Had begun to soften a little bit

[2:28:15] in january of 24 and the market Had begun to soften a little bit At that point, I think we were

[2:28:16] had begun to soften a little bit At that point, I think we were At 93% or so.

[2:28:18] at that point, I think we were At 93% or so. So we weigh occupancy fairly

[2:28:21] at 93% or so. So we weigh occupancy fairly Heavily in this tool.

[2:28:22] so we weigh occupancy fairly Heavily in this tool. And that means a lot of

[2:28:24] heavily in this tool. And that means a lot of Properties are rising to this

[2:28:26] and that means a lot of Properties are rising to this Watch list level.

[2:28:27] properties are rising to this Watch list level. But behind that occupancy issue,

[2:28:30] watch list level. But behind that occupancy issue, We do see some of our properties

[2:28:32] but behind that occupancy issue, We do see some of our properties Beginning to struggle with aged

[2:28:34] we do see some of our properties Beginning to struggle with aged Receivables.

[2:28:35] beginning to struggle with aged Receivables. We are seeing a bit less of

[2:28:38] receivables. We are seeing a bit less of Eviction, but more tenants who

[2:28:40] we are seeing a bit less of Eviction, but more tenants who May be carrying balances.

[2:28:42] eviction, but more tenants who May be carrying balances. And that‘s a can be a canary in

[2:28:44] may be carrying balances. And that‘s a can be a canary in The coal mine, if you will.

[2:28:45] and that‘s a can be a canary in The coal mine, if you will. We are seeing some staffing

[2:28:48] the coal mine, if you will. We are seeing some staffing Challenges, and in 1 or 2 cases,

[2:28:51] we are seeing some staffing Challenges, and in 1 or 2 cases, Seeing higher than average

[2:28:52] challenges, and in 1 or 2 cases, Seeing higher than average Eviction rates.

[2:28:53] seeing higher than average Eviction rates. So what then is going?

[2:28:56] eviction rates. So what then is going? Well, we will say that our

[2:29:00] so what then is going? Well, we will say that our Operating expenses per unit

[2:29:02] well, we will say that our Operating expenses per unit Across the portfolio are within

[2:29:04] operating expenses per unit Across the portfolio are within Our anticipated range.

[2:29:06] across the portfolio are within Our anticipated range. And we‘re pleased to learn that

[2:29:08] our anticipated range. And we‘re pleased to learn that Our tenant turnover actually

[2:29:10] and we‘re pleased to learn that Our tenant turnover actually Fell from 6% at the end of 20 or

[2:29:13] our tenant turnover actually Fell from 6% at the end of 20 or Excuse me, in the early part of

[2:29:16] fell from 6% at the end of 20 or Excuse me, in the early part of 2025 to 2% by year end.

[2:29:17] excuse me, in the early part of 2025 to 2% by year end. So we have vacancy issues, but

[2:29:22] 2025 to 2% by year end. So we have vacancy issues, but The population that is on site

[2:29:25] so we have vacancy issues, but The population that is on site Is actually relatively stable.

[2:29:27] the population that is on site Is actually relatively stable. We believe that the occupancy

[2:29:30] is actually relatively stable. We believe that the occupancy Decline has has stopped.

[2:29:32] we believe that the occupancy Decline has has stopped. Also, while I said that we

[2:29:35] decline has has stopped. Also, while I said that we Started, you know, at 94% or so

[2:29:37] also, while I said that we Started, you know, at 94% or so At the beginning of 2024, every

[2:29:38] started, you know, at 94% or so At the beginning of 2024, every Single month in 2024, we saw

[2:29:41] at the beginning of 2024, every Single month in 2024, we saw Occupancy drop last year.

[2:29:43] single month in 2024, we saw Occupancy drop last year. And through the beginning of

[2:29:45] occupancy drop last year. And through the beginning of This year, we have been almost

[2:29:48] and through the beginning of This year, we have been almost Even month over month.

[2:29:50] this year, we have been almost Even month over month. So we are hoping then that the

[2:29:52] even month over month. So we are hoping then that the Market is finding its floor.

[2:29:53] so we are hoping then that the Market is finding its floor. So how do we respond when a

[2:29:57] market is finding its floor. So how do we respond when a Property score moves it into 2

[2:29:58] so how do we respond when a Property score moves it into 2 Or 3, our watch list or our high

[2:30:00] property score moves it into 2 Or 3, our watch list or our high Priority categories?

[2:30:01] or 3, our watch list or our high Priority categories? The goal is really that we

[2:30:04] priority categories? The goal is really that we Transition the property back

[2:30:05] the goal is really that we Transition the property back Into routine monitoring through

[2:30:08] transition the property back Into routine monitoring through A proactive plan to cure

[2:30:09] into routine monitoring through A proactive plan to cure Whatever is going on.

[2:30:11] a proactive plan to cure Whatever is going on. First of all, we prioritize any

[2:30:14] whatever is going on. First of all, we prioritize any Action, that action on anything

[2:30:16] first of all, we prioritize any Action, that action on anything That compromises health or

[2:30:17] action, that action on anything That compromises health or Safety.

[2:30:18] that compromises health or Safety. So if we see something that puts

[2:30:20] safety. So if we see something that puts Residents at risk, life safety

[2:30:23] so if we see something that puts Residents at risk, life safety System that‘s out of compliance

[2:30:24] residents at risk, life safety System that‘s out of compliance Or a pattern of unaddressed

[2:30:26] system that‘s out of compliance Or a pattern of unaddressed Maintenance, our staff engage

[2:30:28] or a pattern of unaddressed Maintenance, our staff engage With that property directly,

[2:30:30] maintenance, our staff engage With that property directly, Immediately and work on it and

[2:30:31] with that property directly, Immediately and work on it and Escalate as needed until it‘s

[2:30:34] immediately and work on it and Escalate as needed until it‘s Fixed.

[2:30:34] escalate as needed until it‘s Fixed. But we also work with property

[2:30:38] fixed. But we also work with property Management, just depending on

[2:30:39] but we also work with property Management, just depending on What is going on at the

[2:30:41] management, just depending on What is going on at the Property.

[2:30:41] what is going on at the Property. So for example, when a property

[2:30:43] property. So for example, when a property Is struggling with occupancy,

[2:30:47] so for example, when a property Is struggling with occupancy, Staff work with the management

[2:30:48] is struggling with occupancy, Staff work with the management Company, looking at their

[2:30:49] staff work with the management Company, looking at their Leasing process from start to

[2:30:50] company, looking at their Leasing process from start to Finish to see whether there are

[2:30:52] leasing process from start to Finish to see whether there are Opportunities to improve it, we

[2:30:56] finish to see whether there are Opportunities to improve it, we Even, for example, work to

[2:30:59] opportunities to improve it, we Even, for example, work to Partner them with nonprofits who

[2:31:00] even, for example, work to Partner them with nonprofits who May be placing people into

[2:31:02] partner them with nonprofits who May be placing people into Housing, frequent site visits

[2:31:04] may be placing people into Housing, frequent site visits Keep us ahead of code

[2:31:06] housing, frequent site visits Keep us ahead of code Violations.

[2:31:06] keep us ahead of code Violations. We look at the collection

[2:31:09] violations. We look at the collection Process and staff walks units to

[2:31:11] we look at the collection Process and staff walks units to Confirm occupancy, or to look at

[2:31:13] process and staff walks units to Confirm occupancy, or to look at The outcome of evictions.

[2:31:15] confirm occupancy, or to look at The outcome of evictions. So these specific interventions

[2:31:18] the outcome of evictions. So these specific interventions Are really built on a foundation

[2:31:20] so these specific interventions Are really built on a foundation Of ongoing relationship building

[2:31:23] are really built on a foundation Of ongoing relationship building At the property level, with

[2:31:25] of ongoing relationship building At the property level, with Staff providing technical

[2:31:26] at the property level, with Staff providing technical Assistance and supporting the

[2:31:28] staff providing technical Assistance and supporting the Operating partner.

[2:31:29] assistance and supporting the Operating partner. That is the work in the

[2:31:31] operating partner. That is the work in the Background that really delivers

[2:31:32] that is the work in the Background that really delivers The results over time.

[2:31:35] background that really delivers The results over time. >> so looking forward, so as we

[2:31:40] the results over time. >> so looking forward, so as we Close, I wanted to tell you

[2:31:42] >> so looking forward, so as we Close, I wanted to tell you Where this organization is

[2:31:43] close, I wanted to tell you Where this organization is Headed and why we believe the

[2:31:45] where this organization is Headed and why we believe the Foundation we built positions us

[2:31:48] headed and why we believe the Foundation we built positions us To deliver more for travis

[2:31:49] foundation we built positions us To deliver more for travis County in the year ahead.

[2:31:51] to deliver more for travis County in the year ahead. Next slide.

[2:31:54] county in the year ahead. Next slide. Thank you.

[2:31:55] next slide. Thank you. Diana‘s quote captures how we

[2:31:57] thank you. Diana‘s quote captures how we Are thinking about this year.

[2:31:59] diana‘s quote captures how we Are thinking about this year. The groundwork we lay will shape

[2:32:01] are thinking about this year. The groundwork we lay will shape Affordable housing in this

[2:32:02] the groundwork we lay will shape Affordable housing in this County for years to come.

[2:32:03] affordable housing in this County for years to come. That lens guides every decision

[2:32:05] county for years to come. That lens guides every decision We are making in 2026, and sits

[2:32:07] that lens guides every decision We are making in 2026, and sits Behind two clear priorities.

[2:32:08] we are making in 2026, and sits Behind two clear priorities. The first is raising the bar for

[2:32:11] behind two clear priorities. The first is raising the bar for Travis county.

[2:32:11] the first is raising the bar for Travis county. That means leveraging the t‘s of

[2:32:15] travis county. That means leveraging the t‘s of Our new tenant affairs

[2:32:16] that means leveraging the t‘s of Our new tenant affairs Committee, continuing to convene

[2:32:19] our new tenant affairs Committee, continuing to convene Peers around the housing finance

[2:32:21] committee, continuing to convene Peers around the housing finance Roundtable, embedding tenant

[2:32:23] peers around the housing finance Roundtable, embedding tenant Protections directly into our

[2:32:24] roundtable, embedding tenant Protections directly into our Deal terms, and advancing the

[2:32:26] protections directly into our Deal terms, and advancing the Policy work we do alongside

[2:32:28] deal terms, and advancing the Policy work we do alongside Advocates, academics, and our

[2:32:30] policy work we do alongside Advocates, academics, and our Public partners across the

[2:32:31] advocates, academics, and our Public partners across the County.

[2:32:32] public partners across the County. We intend to set the standard,

[2:32:34] county. We intend to set the standard, Not wait for it.

[2:32:35] we intend to set the standard, Not wait for it. The second is continuing to

[2:32:38] not wait for it. The second is continuing to Build the innovative tools and

[2:32:40] the second is continuing to Build the innovative tools and Partnerships that got us here.

[2:32:41] build the innovative tools and Partnerships that got us here. In practical terms, that means

[2:32:43] partnerships that got us here. In practical terms, that means Deploying our initial housing

[2:32:45] in practical terms, that means Deploying our initial housing Production fund into the right

[2:32:47] deploying our initial housing Production fund into the right Projects with the right

[2:32:49] production fund into the right Projects with the right Partners, and continuing to

[2:32:50] projects with the right Partners, and continuing to Explore ways to build on the

[2:32:52] partners, and continuing to Explore ways to build on the Public worker pilot program so

[2:32:54] explore ways to build on the Public worker pilot program so That the people who serve this

[2:32:55] public worker pilot program so That the people who serve this Community can afford to live in

[2:32:56] that the people who serve this Community can afford to live in It.

[2:32:58] community can afford to live in It. We‘re not just weathering a soft

[2:33:01] it. We‘re not just weathering a soft Market.

[2:33:01] we‘re not just weathering a soft Market. We‘re continuing.

[2:33:02] market. We‘re continuing. We‘re using it to continue

[2:33:04] we‘re continuing. We‘re using it to continue Sharpening our tools, attract

[2:33:06] we‘re using it to continue Sharpening our tools, attract Mission aligned partners who

[2:33:07] sharpening our tools, attract Mission aligned partners who Genuinely care about the people

[2:33:08] mission aligned partners who Genuinely care about the people Who call their buildings home,

[2:33:11] genuinely care about the people Who call their buildings home, And set a higher standard for

[2:33:12] who call their buildings home, And set a higher standard for What a public entity can do for

[2:33:14] and set a higher standard for What a public entity can do for Travis county.

[2:33:15] what a public entity can do for Travis county. We‘re grateful for this court.

[2:33:17] travis county. We‘re grateful for this court. It‘s partnership, and we are

[2:33:18] we‘re grateful for this court. It‘s partnership, and we are Proud of what we‘re building

[2:33:20] it‘s partnership, and we are Proud of what we‘re building Together.

[2:33:20] proud of what we‘re building Together. October 20th is our next chance

[2:33:22] together. October 20th is our next chance To come and show you, and we

[2:33:23] october 20th is our next chance To come and show you, and we Intend to make it count.

[2:33:25] to come and show you, and we Intend to make it count. Now, diana will close us out.

[2:33:26] intend to make it count. Now, diana will close us out. >> again.

[2:33:28] now, diana will close us out. >> again. Thank you so much for having us

[2:33:30] >> again. Thank you so much for having us Here today.

[2:33:31] thank you so much for having us Here today. I failed to mention that we have

[2:33:33] here today. I failed to mention that we have Provided our 2025 annual report.

[2:33:35] I failed to mention that we have Provided our 2025 annual report. Today is your day for high, you

[2:33:38] provided our 2025 annual report. Today is your day for high, you Know, well produced reports.

[2:33:40] today is your day for high, you Know, well produced reports. I see.

[2:33:42] know, well produced reports. I see. So we are here with board and

[2:33:45] I see. So we are here with board and Staff to answer any questions.

[2:33:46] so we are here with board and Staff to answer any questions. You have.

[2:33:47] staff to answer any questions. You have. >> any questions?

[2:33:48] you have. >> any questions? >> court just a quick one.

[2:33:50] >> any questions? >> court just a quick one. Congrats on the 4410 units.

[2:33:57] >> court just a quick one. Congrats on the 4410 units. You know this continues to be

[2:33:58] congrats on the 4410 units. You know this continues to be Kind of a drumbeat that we need

[2:33:59] you know this continues to be Kind of a drumbeat that we need More affordable housing.

[2:34:01] kind of a drumbeat that we need More affordable housing. We‘ve been trying to put

[2:34:03] more affordable housing. We‘ve been trying to put Together a tally, both including

[2:34:05] we‘ve been trying to put Together a tally, both including Our, our, our travis county hfc

[2:34:11] together a tally, both including Our, our, our travis county hfc And the units we‘ve produced,

[2:34:12] our, our, our travis county hfc And the units we‘ve produced, And then figuring out what the

[2:34:14] and the units we‘ve produced, And then figuring out what the Right numbers are for both hats

[2:34:16] and then figuring out what the Right numbers are for both hats And shc.

[2:34:17] right numbers are for both hats And shc. Would it be correct to probably

[2:34:24] and shc. Would it be correct to probably Subtract some of the vouchers

[2:34:26] would it be correct to probably Subtract some of the vouchers From that total number?

[2:34:27] subtract some of the vouchers From that total number? We heard from hansi that they

[2:34:29] from that total number? We heard from hansi that they Have 691 vouchers and maybe a

[2:34:33] we heard from hansi that they Have 691 vouchers and maybe a Total of 740 vouchers.

[2:34:35] have 691 vouchers and maybe a Total of 740 vouchers. Is it likely that many of those

[2:34:38] total of 740 vouchers. Is it likely that many of those Vouchers are being used in your

[2:34:41] is it likely that many of those Vouchers are being used in your Units?

[2:34:41] vouchers are being used in your Units? So so they shouldn‘t be added

[2:34:43] units? So so they shouldn‘t be added Together.

[2:34:43] so so they shouldn‘t be added Together. We should.

[2:34:44] together. We should. >> I think that‘s a great point.

[2:34:45] we should. >> I think that‘s a great point. So I will tell you that 1 in 5

[2:34:49] >> I think that‘s a great point. So I will tell you that 1 in 5 Of our tenants uses a voucher

[2:34:51] so I will tell you that 1 in 5 Of our tenants uses a voucher That could be a hatzi voucher,

[2:34:53] of our tenants uses a voucher That could be a hatzi voucher, Or it could be a voucher or

[2:34:56] that could be a hatzi voucher, Or it could be a voucher or Sometimes other continuum of

[2:34:58] or it could be a voucher or Sometimes other continuum of Care.

[2:34:58] sometimes other continuum of Care. So I think there is potential

[2:35:00] care. So I think there is potential For duplication there.

[2:35:01] so I think there is potential For duplication there. I think we‘d want to talk about

[2:35:04] for duplication there. I think we‘d want to talk about Or maybe even we just maybe

[2:35:06] I think we‘d want to talk about Or maybe even we just maybe Don‘t count it as a unit, but we

[2:35:08] or maybe even we just maybe Don‘t count it as a unit, but we Understand that we have a pool

[2:35:10] don‘t count it as a unit, but we Understand that we have a pool Of vouchers.

[2:35:11] understand that we have a pool Of vouchers. We have a pool of affordable

[2:35:13] of vouchers. We have a pool of affordable Units, and then kind of

[2:35:14] we have a pool of affordable Units, and then kind of Understanding how much they

[2:35:15] units, and then kind of Understanding how much they Might overlap.

[2:35:18] understanding how much they Might overlap. I, I, I would hesitate to tell

[2:35:20] might overlap. I, I, I would hesitate to tell You what the number would be to

[2:35:21] I, I, I would hesitate to tell You what the number would be to Subtract just to be safe.

[2:35:22] you what the number would be to Subtract just to be safe. >> that we probably shouldn‘t

[2:35:23] subtract just to be safe. >> that we probably shouldn‘t Add the number of vouchers.

[2:35:25] >> that we probably shouldn‘t Add the number of vouchers. It‘s a payment for the unit.

[2:35:27] add the number of vouchers. It‘s a payment for the unit. Yeah.

[2:35:28] it‘s a payment for the unit. Yeah. But what we‘re trying to get to

[2:35:29] yeah. But what we‘re trying to get to Is what, what‘s a reasonable

[2:35:31] but what we‘re trying to get to Is what, what‘s a reasonable Number of affordable units that

[2:35:33] is what, what‘s a reasonable Number of affordable units that We are collectively creating.

[2:35:34] number of affordable units that We are collectively creating. Okay.

[2:35:35] we are collectively creating. Okay. Thank you.

[2:35:36] okay. Thank you. But but great work.

[2:35:37] thank you. But but great work. I‘m really impressed with, with

[2:35:38] but but great work. I‘m really impressed with, with All the work that you‘ve done,

[2:35:39] I‘m really impressed with, with All the work that you‘ve done, Especially the work you‘ve done

[2:35:40] all the work that you‘ve done, Especially the work you‘ve done With the rosemont residents.

[2:35:41] especially the work you‘ve done With the rosemont residents. >> thank you.

[2:35:42] with the rosemont residents. >> thank you. >> other questions?

[2:35:44] >> thank you. >> other questions? No.

[2:35:45] >> other questions? No. >> I just wanted tohank julio

[2:35:48] no. >> I just wanted tohank julio For your vision, your

[2:35:52] >> I just wanted tohank julio For your vision, your Dedication, all the words you

[2:35:57] for your vision, your Dedication, all the words you You hit us like a storm of

[2:36:01] dedication, all the words you You hit us like a storm of Expectation.

[2:36:02] you hit us like a storm of Expectation. And you have delivered for your

[2:36:05] expectation. And you have delivered for your Community.

[2:36:05] and you have delivered for your Community. And I just want to recognize

[2:36:07] community. And I just want to recognize That.

[2:36:07] and I just want to recognize That. And thank you for your volunteer

[2:36:10] that. And thank you for your volunteer Leadership.

[2:36:11] and thank you for your volunteer Leadership. >> here.

[2:36:12] leadership. >> here. Here.

[2:36:12] >> here. Here. Yeah.

[2:36:12] here. Yeah. Thank you.

[2:36:13] yeah. Thank you. And thank you all.

[2:36:14] thank you. And thank you all. >> ann howard.

[2:36:14] and thank you all. >> ann howard. As you may know, this is my

[2:36:16] >> ann howard. As you may know, this is my Penultimate meeting.

[2:36:17] as you may know, this is my Penultimate meeting. Earlier this.

[2:36:19] penultimate meeting. Earlier this. Morning.

[2:36:19] earlier this. Morning. As I was driving my with you

[2:36:21] morning. As I was driving my with you All, with you all, unless

[2:36:24] as I was driving my with you All, with you all, unless Something bad.

[2:36:24] all, with you all, unless Something bad. [laughter]

[2:36:25] something bad. [laughter] Happens which will not.

[2:36:25] [laughter] Happens which will not. As I was driving my soon to be

[2:36:29] happens which will not. As I was driving my soon to be Eight year old to school, I said

[2:36:32] as I was driving my soon to be Eight year old to school, I said Early today is my penultimate

[2:36:35] eight year old to school, I said Early today is my penultimate Meeting, which means the next to

[2:36:37] early today is my penultimate Meeting, which means the next to Last one.

[2:36:37] meeting, which means the next to Last one. That‘s your.

[2:36:38] last one. That‘s your. [laughter]

[2:36:39] that‘s your. [laughter] Word of the day for this.

[2:36:40] [laughter] Word of the day for this. For this thing that I do, which

[2:36:43] word of the day for this. For this thing that I do, which We‘ve talked about many times.

[2:36:44] for this thing that I do, which We‘ve talked about many times. You know, I, I help our elected

[2:36:47] we‘ve talked about many times. You know, I, I help our elected Officials build housing for

[2:36:48] you know, I, I help our elected Officials build housing for People that need it.

[2:36:49] officials build housing for People that need it. And his question, which was the

[2:36:52] people that need it. And his question, which was the First time he‘s ever asked is

[2:36:54] and his question, which was the First time he‘s ever asked is Like, why do you do it?

[2:36:56] first time he‘s ever asked is Like, why do you do it? And I said, well, because I care

[2:36:59] like, why do you do it? And I said, well, because I care A lot about our neighbors.

[2:37:02] and I said, well, because I care A lot about our neighbors. And I really appreciate that

[2:37:05] a lot about our neighbors. And I really appreciate that Here in my final year of

[2:37:06] and I really appreciate that Here in my final year of Serving, you, hopefully with

[2:37:09] here in my final year of Serving, you, hopefully with Fidelity, a word that

[2:37:11] serving, you, hopefully with Fidelity, a word that Commissioner shea asked us when

[2:37:12] fidelity, a word that Commissioner shea asked us when You interviewed us, that you are

[2:37:15] commissioner shea asked us when You interviewed us, that you are Happy with the results.

[2:37:16] you interviewed us, that you are Happy with the results. And I would say to you, I really

[2:37:20] happy with the results. And I would say to you, I really Appreciate the patience that

[2:37:22] and I would say to you, I really Appreciate the patience that You‘ve given us in the space

[2:37:24] appreciate the patience that You‘ve given us in the space You‘ve given us to do the right

[2:37:26] you‘ve given us in the space You‘ve given us to do the right Thing.

[2:37:26] you‘ve given us to do the right Thing. I think we‘ve built you a

[2:37:28] thing. I think we‘ve built you a Platform to keep doing great

[2:37:31] I think we‘ve built you a Platform to keep doing great Things.

[2:37:31] platform to keep doing great Things. I think that when I look at

[2:37:35] things. I think that when I look at People like president huddleston

[2:37:37] I think that when I look at People like president huddleston And director groves, and of

[2:37:39] people like president huddleston And director groves, and of Course, our wonderful executive

[2:37:41] and director groves, and of Course, our wonderful executive Director, I‘m very optimistic

[2:37:43] course, our wonderful executive Director, I‘m very optimistic About what you will be able to

[2:37:44] director, I‘m very optimistic About what you will be able to Do together, regardless of, you

[2:37:48] about what you will be able to Do together, regardless of, you Know, 1 or 1 board member or one

[2:37:50] do together, regardless of, you Know, 1 or 1 board member or one Staff member.

[2:37:51] know, 1 or 1 board member or one Staff member. There‘s a engine of excellence

[2:37:54] staff member. There‘s a engine of excellence That has been created, and I

[2:37:55] there‘s a engine of excellence That has been created, and I Hope that you and whomever in

[2:37:58] that has been created, and I Hope that you and whomever in The future follows you, will

[2:38:00] hope that you and whomever in The future follows you, will Take it to the heights it can

[2:38:04] the future follows you, will Take it to the heights it can Achieve.

[2:38:04] take it to the heights it can Achieve. Because even when the momentary

[2:38:08] achieve. Because even when the momentary Conditions say things are good,

[2:38:10] because even when the momentary Conditions say things are good, If you are not vigilant, if

[2:38:12] conditions say things are good, If you are not vigilant, if You‘re not adjust to the market,

[2:38:13] if you are not vigilant, if You‘re not adjust to the market, If you‘re not, take care of your

[2:38:15] you‘re not adjust to the market, If you‘re not, take care of your Assets.

[2:38:15] if you‘re not, take care of your Assets. If you do not wake up every day

[2:38:17] assets. If you do not wake up every day Trying to serve your neighbors,

[2:38:18] if you do not wake up every day Trying to serve your neighbors, It‘s very easy for things to

[2:38:20] trying to serve your neighbors, It‘s very easy for things to Fall into disrepair.

[2:38:21] it‘s very easy for things to Fall into disrepair. So I will just say thank you.

[2:38:23] fall into disrepair. So I will just say thank you. This has been a great

[2:38:26] so I will just say thank you. This has been a great Opportunity to serve my

[2:38:27] this has been a great Opportunity to serve my Community.

[2:38:28] opportunity to serve my Community. I‘ve appreciated the engagement

[2:38:32] community. I‘ve appreciated the engagement You have afforded me and the

[2:38:34] I‘ve appreciated the engagement You have afforded me and the Trust that you‘ve given this

[2:38:35] you have afforded me and the Trust that you‘ve given this Public enterprise that belongs

[2:38:37] trust that you‘ve given this Public enterprise that belongs To the public and that you

[2:38:40] public enterprise that belongs To the public and that you Ultimately helped lead and

[2:38:41] to the public and that you Ultimately helped lead and Shape.

[2:38:41] ultimately helped lead and Shape. Thank you for those kind

[2:38:42] shape. Thank you for those kind Remarks.

[2:38:43] thank you for those kind Remarks. >> thank you.

[2:38:43] remarks. >> thank you. >> yeah.

[2:38:44] >> thank you. >> yeah. Thank you for your.

[2:38:44] >> yeah. Thank you for your. >> service.

[2:38:45] thank you for your. >> service. >> all of you.

[2:38:46] >> service. >> all of you. >> all right.

[2:38:47] >> all of you. >> all right. Thanks so much.

[2:38:48] >> all right. Thanks so much. >> thank you, thank you.

[2:38:50] thanks so much. >> thank you, thank you. >> from the peanut gallery over.

[2:38:54] >> thank you, thank you. >> from the peanut gallery over. >> there.

[2:38:54] >> from the peanut gallery over. >> there. >> the next item is receive an

[2:38:59] >> there. >> the next item is receive an Update on the status of the home

[2:39:01] >> the next item is receive an Update on the status of the home Investment partnership program.

[2:39:04] update on the status of the home Investment partnership program. >> and I just have to say, for

[2:39:06] investment partnership program. >> and I just have to say, for The record, I think this is a

[2:39:08] >> and I just have to say, for The record, I think this is a Fabulous summary, this work

[2:39:10] the record, I think this is a Fabulous summary, this work Session of all of the incredible

[2:39:12] fabulous summary, this work Session of all of the incredible Social services and supports and

[2:39:14] session of all of the incredible Social services and supports and Assistance that we‘re providing

[2:39:16] social services and supports and Assistance that we‘re providing To the community, both on health

[2:39:18] assistance that we‘re providing To the community, both on health Care and on housing, which are

[2:39:19] to the community, both on health Care and on housing, which are Really two enormous needs in the

[2:39:21] care and on housing, which are Really two enormous needs in the Community.

[2:39:23] really two enormous needs in the Community. >> good afternoon everyone.

[2:39:46] community. >> good afternoon everyone. >> afternoon.

[2:39:48] >> good afternoon everyone. >> afternoon. >> I know it‘s been a long day,

[2:39:50] >> afternoon. >> I know it‘s been a long day, So we will do our very best to

[2:39:53] >> I know it‘s been a long day, So we will do our very best to Keep to our time.

[2:39:54] so we will do our very best to Keep to our time. About 30 minutes.

[2:39:56] keep to our time. About 30 minutes. I‘m monique cole.

[2:39:57] about 30 minutes. I‘m monique cole. Yeah.

[2:39:58] I‘m monique cole. Yeah. [laughter]

[2:39:58] yeah. [laughter] Please stretch.

[2:39:58] [laughter] Please stretch. You need to stand up.

[2:40:01] please stretch. You need to stand up. >> that‘s a good idea.

[2:40:02] you need to stand up. >> that‘s a good idea. >> you need to stand up for a

[2:40:04] >> that‘s a good idea. >> you need to stand up for a Moment.

[2:40:04] >> you need to stand up for a Moment. I‘m monique coleman, the

[2:40:07] moment. I‘m monique coleman, the Supportive housing division

[2:40:09] I‘m monique coleman, the Supportive housing division Director in hhs.

[2:40:10] supportive housing division Director in hhs. And it‘s my pleasure to present

[2:40:15] director in hhs. And it‘s my pleasure to present The home investment partnership

[2:40:17] and it‘s my pleasure to present The home investment partnership Program that we are working to

[2:40:18] the home investment partnership Program that we are working to Launch for travis county.

[2:40:20] program that we are working to Launch for travis county. It is a new hud funding source

[2:40:23] launch for travis county. It is a new hud funding source For the county.

[2:40:24] it is a new hud funding source For the county. I‘m excited to have with us

[2:40:26] for the county. I‘m excited to have with us Today representatives from

[2:40:29] I‘m excited to have with us Today representatives from Framework cdc, joyce mcdonald

[2:40:31] today representatives from Framework cdc, joyce mcdonald And patricia barrera.

[2:40:32] framework cdc, joyce mcdonald And patricia barrera. And I‘m also thrilled that we

[2:40:34] and patricia barrera. And I‘m also thrilled that we Have with us, brenda, from the

[2:40:38] and I‘m also thrilled that we Have with us, brenda, from the Hats program.

[2:40:39] have with us, brenda, from the Hats program. She is the resident services

[2:40:42] hats program. She is the resident services Director for the family

[2:40:45] she is the resident services Director for the family Self-sufficiency program.

[2:40:46] director for the family Self-sufficiency program. And then, of course, to my left

[2:40:47] self-sufficiency program. And then, of course, to my left Is jane don.

[2:40:48] and then, of course, to my left Is jane don. She is our cdbg planning

[2:40:50] is jane don. She is our cdbg planning Manager.

[2:40:50] she is our cdbg planning Manager. So we will kick off our

[2:40:52] manager. So we will kick off our Presentation at this time.

[2:40:54] so we will kick off our Presentation at this time. >> thank you.

[2:40:54] presentation at this time. >> thank you. Monique.

[2:40:54] >> thank you. Monique. Good afternoon commissioner.

[2:40:59] monique. Good afternoon commissioner. >> might pull the microphone a

[2:41:01] good afternoon commissioner. >> might pull the microphone a Little closer.

[2:41:01] >> might pull the microphone a Little closer. We can‘t hear you.

[2:41:02] little closer. We can‘t hear you. >> is this.

[2:41:03] we can‘t hear you. >> is this. [laughter]

[2:41:04] >> is this. [laughter] Better?

[2:41:04] [laughter] Better? Okay.

[2:41:06] better? Okay. All right.

[2:41:06] okay. All right. So I will briefly walk through

[2:41:08] all right. So I will briefly walk through The program background.

[2:41:09] so I will briefly walk through The program background. The home investment partnership

[2:41:13] the program background. The home investment partnership Program, or home, is the federal

[2:41:17] the home investment partnership Program, or home, is the federal Program that helps support

[2:41:19] program, or home, is the federal Program that helps support Affordable housing through the

[2:41:20] program that helps support Affordable housing through the Public private partnership.

[2:41:21] affordable housing through the Public private partnership. As a background, cdbg travis

[2:41:24] public private partnership. As a background, cdbg travis County became the cdbg

[2:41:26] as a background, cdbg travis County became the cdbg Entitlement urban county in

[2:41:29] county became the cdbg Entitlement urban county in 2006, and we became the home

[2:41:31] entitlement urban county in 2006, and we became the home Participating jurisdictional pj

[2:41:33] 2006, and we became the home Participating jurisdictional pj In 2024.

[2:41:35] participating jurisdictional pj In 2024. As we specified in our program

[2:41:37] in 2024. As we specified in our program Year 2024 to 2028 consolidated

[2:41:42] as we specified in our program Year 2024 to 2028 consolidated Plan that the home priorities

[2:41:44] year 2024 to 2028 consolidated Plan that the home priorities Focus on two priorities the home

[2:41:46] plan that the home priorities Focus on two priorities the home Ownership assistance through the

[2:41:49] focus on two priorities the home Ownership assistance through the Down payment assistance program

[2:41:51] ownership assistance through the Down payment assistance program And the affordable housing

[2:41:53] down payment assistance program And the affordable housing Through the affordable single

[2:41:54] and the affordable housing Through the affordable single Family housing development.

[2:41:56] through the affordable single Family housing development. This table shows the funding

[2:41:59] family housing development. This table shows the funding Allocation breakdown.

[2:42:00] this table shows the funding Allocation breakdown. Have the allocation amount from

[2:42:03] allocation breakdown. Have the allocation amount from Program year 2024 to 2026.

[2:42:06] have the allocation amount from Program year 2024 to 2026. We have 10% admin set aside,

[2:42:10] program year 2024 to 2026. We have 10% admin set aside, 15%, set aside this home fund

[2:42:14] we have 10% admin set aside, 15%, set aside this home fund Required 25% nonfederal match

[2:42:17] 15%, set aside this home fund Required 25% nonfederal match And travis county‘s partnership

[2:42:19] required 25% nonfederal match And travis county‘s partnership With housing authorities of

[2:42:21] and travis county‘s partnership With housing authorities of Travis county and travis county

[2:42:24] with housing authorities of Travis county and travis county Facility corporation to provide

[2:42:27] travis county and travis county Facility corporation to provide This match program.

[2:42:29] facility corporation to provide This match program. Year 24 and 25 match funding

[2:42:33] this match program. Year 24 and 25 match funding Agreement were executed, and we

[2:42:35] year 24 and 25 match funding Agreement were executed, and we Are anticipating execute the py

[2:42:39] agreement were executed, and we Are anticipating execute the py 26 matching funding agreement

[2:42:41] are anticipating execute the py 26 matching funding agreement Following the approval of our

[2:42:43] 26 matching funding agreement Following the approval of our Program year 26 action plan.

[2:42:46] following the approval of our Program year 26 action plan. This slide shows the progress to

[2:42:49] program year 26 action plan. This slide shows the progress to Date since we became the pj,

[2:42:53] this slide shows the progress to Date since we became the pj, Cdbg has been working closely

[2:42:55] date since we became the pj, Cdbg has been working closely With the travis county attorney

[2:42:57] cdbg has been working closely With the travis county attorney Office.

[2:42:57] with the travis county attorney Office. The auditor‘s office, patsy and

[2:43:02] office. The auditor‘s office, patsy and Framework cdc to estuaries

[2:43:04] the auditor‘s office, patsy and Framework cdc to estuaries Program guidelines and in.

[2:43:08] framework cdc to estuaries Program guidelines and in. Require implementation

[2:43:13] program guidelines and in. Require implementation Documents.

[2:43:13] require implementation Documents. Back in 2025, we have a meeting

[2:43:17] documents. Back in 2025, we have a meeting With patsy, board member to

[2:43:19] back in 2025, we have a meeting With patsy, board member to Discuss lowering the income

[2:43:21] with patsy, board member to Discuss lowering the income Limit from 60% to 50% lmi.

[2:43:24] discuss lowering the income Limit from 60% to 50% lmi. And this is better aligned with

[2:43:25] limit from 60% to 50% lmi. And this is better aligned with The affordability need.

[2:43:27] and this is better aligned with The affordability need. Following that, we discussed

[2:43:29] the affordability need. Following that, we discussed With hud.

[2:43:29] following that, we discussed With hud. And right now, the home dpa

[2:43:31] with hud. And right now, the home dpa Program limit was lowered to the

[2:43:33] and right now, the home dpa Program limit was lowered to the 50% ami.

[2:43:35] program limit was lowered to the 50% ami. At this time, I would say that

[2:43:38] 50% ami. At this time, I would say that Much of the program policies and

[2:43:44] at this time, I would say that Much of the program policies and The program is already underway

[2:43:49] much of the program policies and The program is already underway Or substantially completed, and

[2:43:53] the program is already underway Or substantially completed, and We are very excited that we

[2:43:55] or substantially completed, and We are very excited that we Think that we‘re going to

[2:43:56] we are very excited that we Think that we‘re going to Implement this program in a few

[2:43:57] think that we‘re going to Implement this program in a few Months.

[2:43:58] implement this program in a few Months. I would like to this slide also

[2:44:01] months. I would like to this slide also Show.

[2:44:03] I would like to this slide also Show. >> excuse me, the 50%.

[2:44:05] show. >> excuse me, the 50%. Lmi is that the the minimum, the

[2:44:11] >> excuse me, the 50%. Lmi is that the the minimum, the Maximum you have, you can have

[2:44:13] lmi is that the the minimum, the Maximum you have, you can have To participate in the program.

[2:44:15] maximum you have, you can have To participate in the program. >> yes.

[2:44:15] to participate in the program. >> yes. No, ma‘am.

[2:44:16] >> yes. No, ma‘am. That‘s the that‘s the minimum.

[2:44:17] no, ma‘am. That‘s the that‘s the minimum. So it‘s 50 to 80% ami okay.

[2:44:21] that‘s the that‘s the minimum. So it‘s 50 to 80% ami okay. >> you have to fall between 50

[2:44:24] so it‘s 50 to 80% ami okay. >> you have to fall between 50 And 80%.

[2:44:25] >> you have to fall between 50 And 80%. >> that is correct.

[2:44:25] and 80%. >> that is correct. >> correct.

[2:44:25] >> that is correct. >> correct. Lmi to participate in this

[2:44:27] >> correct. Lmi to participate in this Program.

[2:44:28] lmi to participate in this Program. >> that‘s correct.

[2:44:28] program. >> that‘s correct. >> and just transition into this

[2:44:31] >> that‘s correct. >> and just transition into this Slide perfectly, because this is

[2:44:32] >> and just transition into this Slide perfectly, because this is What we have on our website.

[2:44:34] slide perfectly, because this is What we have on our website. Is the current home income limit

[2:44:37] what we have on our website. Is the current home income limit That we use for the down payment

[2:44:40] is the current home income limit That we use for the down payment Assistance program.

[2:44:41] that we use for the down payment Assistance program. The 50% is in the middle.

[2:44:43] assistance program. The 50% is in the middle. And of course, 80% is on the

[2:44:45] the 50% is in the middle. And of course, 80% is on the Right side.

[2:44:47] and of course, 80% is on the Right side. From this, I would like to

[2:44:49] right side. From this, I would like to Transition back to monique‘s to

[2:44:51] from this, I would like to Transition back to monique‘s to Walk through the home regulation

[2:44:52] transition back to monique‘s to Walk through the home regulation And requirement.

[2:44:53] walk through the home regulation And requirement. >> thank you.

[2:44:55] and requirement. >> thank you. Ying.

[2:44:57] >> thank you. Ying. So a little bit about the

[2:44:58] ying. So a little bit about the Regulations.

[2:44:59] so a little bit about the Regulations. If you would advance the slide

[2:45:01] regulations. If you would advance the slide For me, please.

[2:45:01] if you would advance the slide For me, please. Thank you.

[2:45:02] for me, please. Thank you. The home program is mandated by

[2:45:07] thank you. The home program is mandated by 24 cfr part 92.

[2:45:09] the home program is mandated by 24 cfr part 92. We did see some home rule

[2:45:12] 24 cfr part 92. We did see some home rule Changes in 2025.

[2:45:13] we did see some home rule Changes in 2025. So we became a home pj or

[2:45:16] changes in 2025. So we became a home pj or Participating jurisdiction in

[2:45:18] so we became a home pj or Participating jurisdiction in 2024 2025.

[2:45:19] participating jurisdiction in 2024 2025. Hud made a bunch of changes.

[2:45:21] 2024 2025. Hud made a bunch of changes. I‘ve listed some of those

[2:45:24] hud made a bunch of changes. I‘ve listed some of those Highlights on the slide.

[2:45:24] I‘ve listed some of those Highlights on the slide. This is not all encompassing,

[2:45:27] highlights on the slide. This is not all encompassing, But they revised or increased

[2:45:28] this is not all encompassing, But they revised or increased The affordability limits, which

[2:45:30] but they revised or increased The affordability limits, which I will show you here.

[2:45:32] the affordability limits, which I will show you here. Throughout the presentation,

[2:45:33] I will show you here. Throughout the presentation, They expanded access to chodos

[2:45:35] throughout the presentation, They expanded access to chodos Or community housing development

[2:45:37] they expanded access to chodos Or community housing development Organizations, set aside funds

[2:45:38] or community housing development Organizations, set aside funds By neighborhood based nonprofit

[2:45:40] organizations, set aside funds By neighborhood based nonprofit Organizations, which is great.

[2:45:41] by neighborhood based nonprofit Organizations, which is great. An example of a chodo could be

[2:45:43] organizations, which is great. An example of a chodo could be Like a habitat for humanity.

[2:45:44] an example of a chodo could be Like a habitat for humanity. For example, building affordable

[2:45:46] like a habitat for humanity. For example, building affordable Housing, they clarified

[2:45:47] for example, building affordable Housing, they clarified Homeownership requirements to

[2:45:48] housing, they clarified Homeownership requirements to Improve compliance and improve

[2:45:50] homeownership requirements to Improve compliance and improve Program outcomes for home buyers

[2:45:52] improve compliance and improve Program outcomes for home buyers And implement new provisions for

[2:45:54] program outcomes for home buyers And implement new provisions for Community land trusts to

[2:45:56] and implement new provisions for Community land trusts to Exercise a preemptive purchase

[2:45:58] community land trusts to Exercise a preemptive purchase Rights.

[2:45:58] exercise a preemptive purchase Rights. We do have a community land

[2:46:00] rights. We do have a community land Trust or clt in this community.

[2:46:01] we do have a community land Trust or clt in this community. It is within the city of austin.

[2:46:03] trust or clt in this community. It is within the city of austin. It‘s not in our boundary, but

[2:46:04] it is within the city of austin. It‘s not in our boundary, but Joyce has worked with the city

[2:46:06] it‘s not in our boundary, but Joyce has worked with the city Of austin on the clt.

[2:46:08] joyce has worked with the city Of austin on the clt. So I‘m really excited to have

[2:46:10] of austin on the clt. So I‘m really excited to have Joyce as a partner.

[2:46:11] so I‘m really excited to have Joyce as a partner. Due to her extensive expertise.

[2:46:13] joyce as a partner. Due to her extensive expertise. Another change was to make home

[2:46:16] due to her extensive expertise. Another change was to make home Tbra work better for vulnerable

[2:46:19] another change was to make home Tbra work better for vulnerable Populations.

[2:46:19] tbra work better for vulnerable Populations. We actually get a lot of phone

[2:46:20] populations. We actually get a lot of phone Calls about tbra, the tenant

[2:46:22] we actually get a lot of phone Calls about tbra, the tenant Based rental assistance were

[2:46:24] calls about tbra, the tenant Based rental assistance were Actually not using our home

[2:46:25] based rental assistance were Actually not using our home Funds at this time for tbra, but

[2:46:27] actually not using our home Funds at this time for tbra, but We would be interested in

[2:46:28] funds at this time for tbra, but We would be interested in Receiving feedback from the

[2:46:29] we would be interested in Receiving feedback from the Court as we develop and stand up

[2:46:32] receiving feedback from the Court as we develop and stand up Is program, we are going to

[2:46:34] court as we develop and stand up Is program, we are going to Start looking at ways to try to

[2:46:36] is program, we are going to Start looking at ways to try to Expand what we‘re using our

[2:46:37] start looking at ways to try to Expand what we‘re using our Money for.

[2:46:38] expand what we‘re using our Money for. Right now, we‘re focusing on

[2:46:40] money for. Right now, we‘re focusing on Down payment assistance for home

[2:46:42] right now, we‘re focusing on Down payment assistance for home Ownership and providing money to

[2:46:44] down payment assistance for home Ownership and providing money to Chodos for affordable housing.

[2:46:45] ownership and providing money to Chodos for affordable housing. But an opportunity for tbra may

[2:46:47] chodos for affordable housing. But an opportunity for tbra may Be in the near future.

[2:46:48] but an opportunity for tbra may Be in the near future. Strengthening tenant rights and

[2:46:51] be in the near future. Strengthening tenant rights and Protections for occupants of the

[2:46:53] strengthening tenant rights and Protections for occupants of the Home.

[2:46:53] protections for occupants of the Home. Assisted rental rental units and

[2:46:56] home. Assisted rental rental units and Recipients of home tbra, and

[2:46:57] assisted rental rental units and Recipients of home tbra, and Establishing new methods for

[2:46:59] recipients of home tbra, and Establishing new methods for Determining maximum per unit

[2:47:01] establishing new methods for Determining maximum per unit Subsidies.

[2:47:01] determining maximum per unit Subsidies. Subsidy limits, which I will

[2:47:02] subsidies. Subsidy limits, which I will Also talk about.

[2:47:03] subsidy limits, which I will Also talk about. Those are just a couple of the

[2:47:05] also talk about. Those are just a couple of the Highlights from the home rule

[2:47:06] those are just a couple of the Highlights from the home rule Changes.

[2:47:06] highlights from the home rule Changes. Another thing with regards to

[2:47:08] changes. Another thing with regards to Regulations and requirements, we

[2:47:10] another thing with regards to Regulations and requirements, we Are required to have our

[2:47:12] regulations and requirements, we Are required to have our Recapture provisions approved by

[2:47:13] are required to have our Recapture provisions approved by Hud.

[2:47:15] recapture provisions approved by Hud. Recapture basically means when

[2:47:16] hud. Recapture basically means when You give out money to a home

[2:47:19] recapture basically means when You give out money to a home Buyer, if they move out before

[2:47:21] you give out money to a home Buyer, if they move out before The affordability, the mandated

[2:47:23] buyer, if they move out before The affordability, the mandated Affordability period expires,

[2:47:25] the affordability, the mandated Affordability period expires, How are you going to get that

[2:47:26] affordability period expires, How are you going to get that Money back?

[2:47:27] how are you going to get that Money back? So you can either use a what‘s

[2:47:29] money back? So you can either use a what‘s Called a recapture provision,

[2:47:31] so you can either use a what‘s Called a recapture provision, Which is the model that travis

[2:47:32] called a recapture provision, Which is the model that travis County is utilizing.

[2:47:33] which is the model that travis County is utilizing. Or you can use a resale

[2:47:34] county is utilizing. Or you can use a resale Provision.

[2:47:35] or you can use a resale Provision. Please don‘t ask me to explain

[2:47:36] provision. Please don‘t ask me to explain The resale because it‘s not our

[2:47:37] please don‘t ask me to explain The resale because it‘s not our Model and I don‘t have it

[2:47:38] the resale because it‘s not our Model and I don‘t have it Memorized, but we are using the

[2:47:41] model and I don‘t have it Memorized, but we are using the Recapture provision and we had

[2:47:43] memorized, but we are using the Recapture provision and we had To have those approved.

[2:47:44] recapture provision and we had To have those approved. And then lastly, policies and

[2:47:46] to have those approved. And then lastly, policies and Procedures for our program.

[2:47:47] and then lastly, policies and Procedures for our program. Next slide please.

[2:47:48] procedures for our program. Next slide please. So this is just a screenshot.

[2:47:49] next slide please. So this is just a screenshot. I‘m not going to talk about it.

[2:47:50] so this is just a screenshot. I‘m not going to talk about it. Just want the court and the

[2:47:51] I‘m not going to talk about it. Just want the court and the Public to be aware that we do

[2:47:53] just want the court and the Public to be aware that we do Have policies and procedures.

[2:47:55] public to be aware that we do Have policies and procedures. They are nearing completion.

[2:47:56] have policies and procedures. They are nearing completion. They are not done.

[2:47:56] they are nearing completion. They are not done. This has been a very

[2:47:58] they are not done. This has been a very Comprehensive process.

[2:47:59] this has been a very Comprehensive process. And next slide, please.

[2:48:02] comprehensive process. And next slide, please. This is just to show that our

[2:48:04] and next slide, please. This is just to show that our That hud did approve the

[2:48:06] this is just to show that our That hud did approve the County‘s recapture provisions on

[2:48:08] that hud did approve the County‘s recapture provisions on April 22nd, 2025.

[2:48:09] county‘s recapture provisions on April 22nd, 2025. Next slide please.

[2:48:11] april 22nd, 2025. Next slide please. So now I‘m going to go in to

[2:48:13] next slide please. So now I‘m going to go in to Program design just to hit the

[2:48:16] so now I‘m going to go in to Program design just to hit the Highlights for you.

[2:48:17] program design just to hit the Highlights for you. All the jurisdiction for the

[2:48:20] highlights for you. All the jurisdiction for the Home investment partnership

[2:48:21] all the jurisdiction for the Home investment partnership Program is a travis county

[2:48:23] home investment partnership Program is a travis county Service area.

[2:48:24] program is a travis county Service area. So as you know, we are an

[2:48:26] service area. So as you know, we are an Entitlement.

[2:48:27] so as you know, we are an Entitlement. Urban county city of austin has

[2:48:29] entitlement. Urban county city of austin has Their money.

[2:48:29] urban county city of austin has Their money. We are now receiving ours.

[2:48:31] their money. We are now receiving ours. We have to spend our money in

[2:48:32] we are now receiving ours. We have to spend our money in Our jurisdiction.

[2:48:33] we have to spend our money in Our jurisdiction. That‘s unincorporated travis

[2:48:34] our jurisdiction. That‘s unincorporated travis County and small cities that are

[2:48:37] that‘s unincorporated travis County and small cities that are Operating under a cooperation

[2:48:38] county and small cities that are Operating under a cooperation Agreement with travis county

[2:48:40] operating under a cooperation Agreement with travis county Income limits.

[2:48:40] agreement with travis county Income limits. As we just mentioned,

[2:48:42] income limits. As we just mentioned, Commissioner howard is 50% to

[2:48:44] as we just mentioned, Commissioner howard is 50% to 80% ami.

[2:48:44] commissioner howard is 50% to 80% ami. That means the folks that are

[2:48:48] 80% ami. That means the folks that are Participating in our program, we

[2:48:49] that means the folks that are Participating in our program, we Want them to be in that income

[2:48:52] participating in our program, we Want them to be in that income Range.

[2:48:52] want them to be in that income Range. Typically, dpa programs that are

[2:48:55] range. Typically, dpa programs that are Funded by home are 60 to 80%

[2:48:57] typically, dpa programs that are Funded by home are 60 to 80% Ami.

[2:48:57] funded by home are 60 to 80% Ami. But as you will hear later

[2:48:59] ami. But as you will hear later Through our partnership with

[2:49:01] but as you will hear later Through our partnership with Fss, we really wanted to try to

[2:49:02] through our partnership with Fss, we really wanted to try to Create an opportunity to do a

[2:49:04] fss, we really wanted to try to Create an opportunity to do a Subsidy layer, which is

[2:49:05] create an opportunity to do a Subsidy layer, which is Something you asked about

[2:49:07] subsidy layer, which is Something you asked about Earlier, commissioner shea,

[2:49:08] something you asked about Earlier, commissioner shea, About layering subsidies from

[2:49:09] earlier, commissioner shea, About layering subsidies from Other entities or from the

[2:49:10] about layering subsidies from Other entities or from the Escrow program that you‘ll hear

[2:49:12] other entities or from the Escrow program that you‘ll hear About.

[2:49:12] escrow program that you‘ll hear About. We really wanted to try to

[2:49:13] about. We really wanted to try to Create an opportunity for the

[2:49:15] we really wanted to try to Create an opportunity for the Potential buyer on the lower end

[2:49:17] create an opportunity for the Potential buyer on the lower end Of the income spectrum, the home

[2:49:20] potential buyer on the lower end Of the income spectrum, the home Investment local limit, the

[2:49:22] of the income spectrum, the home Investment local limit, the Statute does require that there

[2:49:25] investment local limit, the Statute does require that there Is a at least a minimum of

[2:49:27] statute does require that there Is a at least a minimum of $1,000 per unit investment, if

[2:49:31] is a at least a minimum of $1,000 per unit investment, if I‘m stating that correctly.

[2:49:32] $1,000 per unit investment, if I‘m stating that correctly. So our local limit for the home

[2:49:34] I‘m stating that correctly. So our local limit for the home Buyers is $1,500.

[2:49:36] so our local limit for the home Buyers is $1,500. We are also setting a

[2:49:38] buyers is $1,500. We are also setting a Prerequisite that the purchaser

[2:49:40] we are also setting a Prerequisite that the purchaser Has a post savings account

[2:49:42] prerequisite that the purchaser Has a post savings account Requirement of $2,000.

[2:49:43] has a post savings account Requirement of $2,000. Our direct subsidy subsidy is up

[2:49:46] requirement of $2,000. Our direct subsidy subsidy is up To $75,000.

[2:49:48] our direct subsidy subsidy is up To $75,000. Does not mean everybody‘s going

[2:49:49] to $75,000. Does not mean everybody‘s going To get $75,000.

[2:49:50] does not mean everybody‘s going To get $75,000. It means, based upon your

[2:49:52] to get $75,000. It means, based upon your Ability to repay and what you

[2:49:54] it means, based upon your Ability to repay and what you Actually need to make the home

[2:49:56] ability to repay and what you Actually need to make the home That you are trying to purchase

[2:49:57] actually need to make the home That you are trying to purchase Affordable.

[2:49:58] that you are trying to purchase Affordable. We can provide up to $75,000

[2:50:01] affordable. We can provide up to $75,000 Credit score, 640 front end and

[2:50:03] we can provide up to $75,000 Credit score, 640 front end and Back end ratios.

[2:50:04] credit score, 640 front end and Back end ratios. I just put industry standards

[2:50:06] back end ratios. I just put industry standards Depending upon the loan product,

[2:50:07] I just put industry standards Depending upon the loan product, That could change.

[2:50:08] depending upon the loan product, That could change. But the 3843 percentages that

[2:50:11] that could change. But the 3843 percentages that You see there are, I believe,

[2:50:12] but the 3843 percentages that You see there are, I believe, Fha standards.

[2:50:13] you see there are, I believe, Fha standards. Is that correct?

[2:50:14] fha standards. Is that correct? Okay.

[2:50:14] is that correct? Okay. >> what does that mean?

[2:50:15] okay. >> what does that mean? Can you just say what that

[2:50:16] >> what does that mean? Can you just say what that Means?

[2:50:16] can you just say what that Means? It‘s not clear to me.

[2:50:17] means? It‘s not clear to me. >> yes.

[2:50:18] it‘s not clear to me. >> yes. So the front end ratio is the

[2:50:19] >> yes. So the front end ratio is the Housing ratio.

[2:50:20] so the front end ratio is the Housing ratio. That means this is this is going

[2:50:22] housing ratio. That means this is this is going To be your your ratio for if you

[2:50:27] that means this is this is going To be your your ratio for if you Have no debt.

[2:50:28] to be your your ratio for if you Have no debt. So this is a this is your, your

[2:50:30] have no debt. So this is a this is your, your Housing ratio, your housing

[2:50:32] so this is a this is your, your Housing ratio, your housing Percentage, the back end ratio

[2:50:33] housing ratio, your housing Percentage, the back end ratio Is your debt to income ratio,

[2:50:35] percentage, the back end ratio Is your debt to income ratio, Which typically most people are

[2:50:36] is your debt to income ratio, Which typically most people are Going to have because you‘re

[2:50:37] which typically most people are Going to have because you‘re Going to have a car payment, you

[2:50:38] going to have because you‘re Going to have a car payment, you May have student loans, you may

[2:50:39] going to have a car payment, you May have student loans, you may Have credit card debt, you may

[2:50:40] may have student loans, you may Have credit card debt, you may Have another.

[2:50:41] have credit card debt, you may Have another. Well, you can‘t have another

[2:50:42] have another. Well, you can‘t have another Mortgage for this program.

[2:50:42] well, you can‘t have another Mortgage for this program. But but basically, the back end

[2:50:45] mortgage for this program. But but basically, the back end Ratio says that when we

[2:50:47] but but basically, the back end Ratio says that when we Calculate your income and all of

[2:50:48] ratio says that when we Calculate your income and all of Your debt, which are your

[2:50:50] calculate your income and all of Your debt, which are your Minimum payments on your credit

[2:50:51] your debt, which are your Minimum payments on your credit Score, you cannot exceed a

[2:50:53] minimum payments on your credit Score, you cannot exceed a Certain threshold in order for

[2:50:54] score, you cannot exceed a Certain threshold in order for You to be deemed like falling

[2:50:57] certain threshold in order for You to be deemed like falling Within like an affordability

[2:50:58] you to be deemed like falling Within like an affordability Range.

[2:50:58] within like an affordability Range. >> and that‘s the 43% of your

[2:51:00] range. >> and that‘s the 43% of your Income.

[2:51:00] >> and that‘s the 43% of your Income. >> that is, it‘s not 43% of your

[2:51:03] income. >> that is, it‘s not 43% of your Income.

[2:51:03] >> that is, it‘s not 43% of your Income. It‘s calculated based upon your

[2:51:05] income. It‘s calculated based upon your Debt.

[2:51:05] it‘s calculated based upon your Debt. It‘s debt to income ratio.

[2:51:06] debt. It‘s debt to income ratio. So it‘s a calculation factoring.

[2:51:08] it‘s debt to income ratio. So it‘s a calculation factoring. >> in, oh, it‘s what you owe

[2:51:10] so it‘s a calculation factoring. >> in, oh, it‘s what you owe Compared to your income.

[2:51:11] >> in, oh, it‘s what you owe Compared to your income. >> that is correct.

[2:51:12] compared to your income. >> that is correct. >> that‘s the 38.

[2:51:13] >> that is correct. >> that‘s the 38. Th doesn‘t refer to the

[2:51:15] >> that‘s the 38. Th doesn‘t refer to the Percentage that‘s paid for

[2:51:15] th doesn‘t refer to the Percentage that‘s paid for Housing.

[2:51:16] percentage that‘s paid for Housing. Is it?

[2:51:16] housing. Is it? >> 38% is just your percent of

[2:51:19] is it? >> 38% is just your percent of What you can afford based upon

[2:51:21] >> 38% is just your percent of What you can afford based upon Your income?

[2:51:22] what you can afford based upon Your income? Because the assumption is, is

[2:51:23] your income? Because the assumption is, is That the housing ratio doesn‘t

[2:51:25] because the assumption is, is That the housing ratio doesn‘t Include debt.

[2:51:26] that the housing ratio doesn‘t Include debt. >> okay.

[2:51:28] include debt. >> okay. >> homebuyer education and

[2:51:29] >> okay. >> homebuyer education and Housing counseling, those are

[2:51:31] >> homebuyer education and Housing counseling, those are Prerequisites set for our

[2:51:32] housing counseling, those are Prerequisites set for our Program.

[2:51:32] prerequisites set for our Program. Basically, we‘re saying we want

[2:51:35] program. Basically, we‘re saying we want To help, but we want you to have

[2:51:38] basically, we‘re saying we want To help, but we want you to have Housing, counseling and

[2:51:39] to help, but we want you to have Housing, counseling and Education as a prerequisite to

[2:51:40] housing, counseling and Education as a prerequisite to Gain access to the county‘s down

[2:51:42] education as a prerequisite to Gain access to the county‘s down Payment assistance funds,

[2:51:44] gain access to the county‘s down Payment assistance funds, Occupancy requirement.

[2:51:45] payment assistance funds, Occupancy requirement. You must live in the house for

[2:51:46] occupancy requirement. You must live in the house for It must be your primary

[2:51:48] you must live in the house for It must be your primary Residence and the mortgage

[2:51:49] it must be your primary Residence and the mortgage Mortgage requirements.

[2:51:51] residence and the mortgage Mortgage requirements. Just in general, a qualified

[2:51:52] mortgage requirements. Just in general, a qualified Mortgage, the loan products,

[2:51:55] just in general, a qualified Mortgage, the loan products, Conventional, fha, va, usda, but

[2:51:57] mortgage, the loan products, Conventional, fha, va, usda, but No interest.

[2:51:58] conventional, fha, va, usda, but No interest. Only no balloons, no arms

[2:52:02] no interest. Only no balloons, no arms Adjusted rate mortgages because

[2:52:03] only no balloons, no arms Adjusted rate mortgages because Those are high risk and we don‘t

[2:52:04] adjusted rate mortgages because Those are high risk and we don‘t Want our clients receiving our

[2:52:07] those are high risk and we don‘t Want our clients receiving our Sof secondary forgivable loan

[2:52:10] want our clients receiving our Sof secondary forgivable loan And being in a high risk or

[2:52:13] sof secondary forgivable loan And being in a high risk or Subprime mortgage product.

[2:52:14] and being in a high risk or Subprime mortgage product. Next slide please.

[2:52:15] subprime mortgage product. Next slide please. >> is the local limit that they

[2:52:17] next slide please. >> is the local limit that they Cannot have more than $1,500

[2:52:19] >> is the local limit that they Cannot have more than $1,500 That they contribute or that

[2:52:21] cannot have more than $1,500 That they contribute or that That‘s the minimum.

[2:52:22] that they contribute or that That‘s the minimum. I‘m not clear what that limit

[2:52:23] that‘s the minimum. I‘m not clear what that limit Is.

[2:52:23] I‘m not clear what that limit Is. >> great question.

[2:52:24] is. >> great question. That is the minimum for what

[2:52:25] >> great question. That is the minimum for what We‘re asking them to contribute.

[2:52:27] that is the minimum for what We‘re asking them to contribute. Okay.

[2:52:27] we‘re asking them to contribute. Okay. Yep.

[2:52:28] okay. Yep. Down payment assistance

[2:52:32] yep. Down payment assistance Continued.

[2:52:32] down payment assistance Continued. I‘ve already talked about the

[2:52:35] continued. I‘ve already talked about the $75,000 cap.

[2:52:37] I‘ve already talked about the $75,000 cap. On the next slides.

[2:52:38] $75,000 cap. On the next slides. We‘ll discuss affordability

[2:52:39] on the next slides. We‘ll discuss affordability Periods, mortgage readiness

[2:52:42] we‘ll discuss affordability Periods, mortgage readiness Requirements, the maximum per

[2:52:43] periods, mortgage readiness Requirements, the maximum per Unit subsidy, and property

[2:52:45] requirements, the maximum per Unit subsidy, and property Standards.

[2:52:46] unit subsidy, and property Standards. Next slide please.

[2:52:46] standards. Next slide please. So on this slide it just shows

[2:52:50] next slide please. So on this slide it just shows What I think.

[2:52:51] so on this slide it just shows What I think. I skipped a slide.

[2:52:52] what I think. I skipped a slide. Here I am.

[2:52:53] I skipped a slide. Here I am. This is the affordability

[2:52:55] here I am. This is the affordability Period.

[2:52:56] this is the affordability Period. So earlier I said a hud changed

[2:52:57] period. So earlier I said a hud changed The rules and the ranges used to

[2:53:01] so earlier I said a hud changed The rules and the ranges used to Be different.

[2:53:01] the rules and the ranges used to Be different. I think it used to be like

[2:53:03] be different. I think it used to be like 15,000, 15 to 40,000 and then

[2:53:05] I think it used to be like 15,000, 15 to 40,000 and then Above 40,000.

[2:53:06] 15,000, 15 to 40,000 and then Above 40,000. They made revisions in 2025 to

[2:53:08] above 40,000. They made revisions in 2025 to The rules.

[2:53:08] they made revisions in 2025 to The rules. And so now if you receive home

[2:53:11] the rules. And so now if you receive home Funds under $25,000, you‘re

[2:53:14] and so now if you receive home Funds under $25,000, you‘re Required to live in the house

[2:53:15] funds under $25,000, you‘re Required to live in the house For five years.

[2:53:16] required to live in the house For five years. That‘s the affordability period.

[2:53:18] for five years. That‘s the affordability period. If you receive home funds

[2:53:21] that‘s the affordability period. If you receive home funds Between 25,000 and 50,000,

[2:53:21] if you receive home funds Between 25,000 and 50,000, You‘re required to live in the

[2:53:22] between 25,000 and 50,000, You‘re required to live in the Home for ten years.

[2:53:23] you‘re required to live in the Home for ten years. If you receive home funds over

[2:53:25] home for ten years. If you receive home funds over $50,000, you‘re required to live

[2:53:26] if you receive home funds over $50,000, you‘re required to live In the house for 15 years.

[2:53:28] $50,000, you‘re required to live In the house for 15 years. Next slide please.

[2:53:29] in the house for 15 years. Next slide please. >> and what happens if you don‘t

[2:53:32] next slide please. >> and what happens if you don‘t Meet those requirements?

[2:53:34] >> and what happens if you don‘t Meet those requirements? You don‘t get the benefit of the

[2:53:35] meet those requirements? You don‘t get the benefit of the Increased value of the home.

[2:53:36] you don‘t get the benefit of the Increased value of the home. If you have to sell it.

[2:53:37] increased value of the home. If you have to sell it. >> great question.

[2:53:39] if you have to sell it. >> great question. So if you do not meet those

[2:53:41] >> great question. So if you do not meet those Requirements, our recapture

[2:53:43] so if you do not meet those Requirements, our recapture Provisions are triggered, then

[2:53:44] requirements, our recapture Provisions are triggered, then That means that the deed of

[2:53:45] provisions are triggered, then That means that the deed of Trust that will be filed with

[2:53:47] that means that the deed of Trust that will be filed with The county clerk‘s office will

[2:53:49] trust that will be filed with The county clerk‘s office will Then be triggered, and then

[2:53:50] the county clerk‘s office will Then be triggered, and then There will be a pro rata share

[2:53:52] then be triggered, and then There will be a pro rata share Of the funds that have to be

[2:53:54] there will be a pro rata share Of the funds that have to be Returned to travis county.

[2:53:55] of the funds that have to be Returned to travis county. >> and does that allow the

[2:53:56] returned to travis county. >> and does that allow the Person to sell the house and pay

[2:53:59] >> and does that allow the Person to sell the house and pay That portion of funds from some

[2:54:01] person to sell the house and pay That portion of funds from some Proceeds of the sale?

[2:54:02] that portion of funds from some Proceeds of the sale? >> it could be a sell

[2:54:04] proceeds of the sale? >> it could be a sell Voluntarily or involuntary.

[2:54:05] >> it could be a sell Voluntarily or involuntary. So whenever there‘s a

[2:54:08] voluntarily or involuntary. So whenever there‘s a Transaction on the property

[2:54:11] so whenever there‘s a Transaction on the property Outside of or I guess within the

[2:54:13] transaction on the property Outside of or I guess within the Affordability period, then

[2:54:14] outside of or I guess within the Affordability period, then That‘s going to trigger the

[2:54:16] affordability period, then That‘s going to trigger the County.

[2:54:16] that‘s going to trigger the County. >> they‘re able to recover some

[2:54:18] county. >> they‘re able to recover some Of the money.

[2:54:19] >> they‘re able to recover some Of the money. >> investing our recapture

[2:54:21] of the money. >> investing our recapture Provisions.

[2:54:21] >> investing our recapture Provisions. That is absolutely correct.

[2:54:24] provisions. That is absolutely correct. Okay.

[2:54:24] that is absolutely correct. Okay. So mortgage readiness

[2:54:26] okay. So mortgage readiness Requirements, these are some

[2:54:28] so mortgage readiness Requirements, these are some Standard requirements that we

[2:54:29] requirements, these are some Standard requirements that we Put in place.

[2:54:30] standard requirements that we Put in place. This will basically be like a

[2:54:32] put in place. This will basically be like a Form that we give to framework,

[2:54:34] this will basically be like a Form that we give to framework, Cdc and the mortgage readiness

[2:54:37] form that we give to framework, Cdc and the mortgage readiness Requirements.

[2:54:37] cdc and the mortgage readiness Requirements. I don‘t have to read them all,

[2:54:39] requirements. I don‘t have to read them all, But the gist of this is to make

[2:54:41] I don‘t have to read them all, But the gist of this is to make Sure that every client meets all

[2:54:44] but the gist of this is to make Sure that every client meets all Of the criteria on this

[2:54:46] sure that every client meets all Of the criteria on this Checklist before they are

[2:54:48] of the criteria on this Checklist before they are Allowed to apply for our dpa

[2:54:50] checklist before they are Allowed to apply for our dpa Phone.

[2:54:50] allowed to apply for our dpa Phone. Our dpa funds, the applicants or

[2:54:53] phone. Our dpa funds, the applicants or The prospective buyers will

[2:54:55] our dpa funds, the applicants or The prospective buyers will Actually not apply for the

[2:54:56] the prospective buyers will Actually not apply for the Funds.

[2:54:56] actually not apply for the Funds. The lender will submit the

[2:54:58] funds. The lender will submit the Application, but when the

[2:55:00] the lender will submit the Application, but when the Clients go through homebuyer

[2:55:01] application, but when the Clients go through homebuyer Education with a framework, cdc,

[2:55:04] clients go through homebuyer Education with a framework, cdc, Then the housing counseling

[2:55:07] education with a framework, cdc, Then the housing counseling Prerequisite, this document that

[2:55:09] then the housing counseling Prerequisite, this document that Will be signed off on by

[2:55:11] prerequisite, this document that Will be signed off on by Framework, cdc and by the

[2:55:13] will be signed off on by Framework, cdc and by the Client.

[2:55:13] framework, cdc and by the Client. They have to check all of these

[2:55:15] client. They have to check all of these Boxes.

[2:55:15] they have to check all of these Boxes. And so that‘s just the gist of

[2:55:17] boxes. And so that‘s just the gist of The mortgage readiness

[2:55:19] and so that‘s just the gist of The mortgage readiness Requirements that we‘ve

[2:55:20] the mortgage readiness Requirements that we‘ve Established for this program.

[2:55:21] requirements that we‘ve Established for this program. Next slide please.

[2:55:22] established for this program. Next slide please. And so I think I have a couple

[2:55:25] next slide please. And so I think I have a couple More slides before we get to

[2:55:26] and so I think I have a couple More slides before we get to You.

[2:55:26] more slides before we get to You. Joyce.

[2:55:26] you. Joyce. I‘m trying to go through maximum

[2:55:31] joyce. I‘m trying to go through maximum Per unit subsidies.

[2:55:32] I‘m trying to go through maximum Per unit subsidies. So per 24 cfr 92.25 a, the pjs

[2:55:37] per unit subsidies. So per 24 cfr 92.25 a, the pjs Investments may not exceed the

[2:55:39] so per 24 cfr 92.25 a, the pjs Investments may not exceed the Per unit dollar limit.

[2:55:41] investments may not exceed the Per unit dollar limit. Hud publishes the local dollar

[2:55:44] per unit dollar limit. Hud publishes the local dollar Limits annually.

[2:55:45] hud publishes the local dollar Limits annually. And I wanted to read that

[2:55:46] limits annually. And I wanted to read that Specifically because the slide

[2:55:47] and I wanted to read that Specifically because the slide Is a little small.

[2:55:48] specifically because the slide Is a little small. So about the maximum per unit

[2:55:51] is a little small. So about the maximum per unit Subsidy, if I.

[2:55:52] so about the maximum per unit Subsidy, if I. I printed out a packet and

[2:55:54] subsidy, if I. I printed out a packet and Provided them to all of you all

[2:55:56] I printed out a packet and Provided them to all of you all Today.

[2:55:56] provided them to all of you all Today. So I hope you can see this.

[2:55:57] today. So I hope you can see this. But in the far right column it

[2:55:59] so I hope you can see this. But in the far right column it Says home maximum per unit

[2:56:00] but in the far right column it Says home maximum per unit Subsidy limit.

[2:56:01] says home maximum per unit Subsidy limit. Basically, we‘re not able to

[2:56:04] subsidy limit. Basically, we‘re not able to Subsidize homes in in excess of

[2:56:06] basically, we‘re not able to Subsidize homes in in excess of The amounts that are listed.

[2:56:08] subsidize homes in in excess of The amounts that are listed. This is the 2024 limit for home

[2:56:11] the amounts that are listed. This is the 2024 limit for home Maximum per unit subsidies that

[2:56:13] this is the 2024 limit for home Maximum per unit subsidies that We pulled from the tdhca

[2:56:15] maximum per unit subsidies that We pulled from the tdhca Website.

[2:56:16] we pulled from the tdhca Website. Believe that there are going to

[2:56:18] website. Believe that there are going to Be.

[2:56:18] believe that there are going to Be. I think we reached out to hud

[2:56:19] be. I think we reached out to hud And there are going to be new

[2:56:21] I think we reached out to hud And there are going to be new Limits published.

[2:56:22] and there are going to be new Limits published. We do not have them at this

[2:56:23] limits published. We do not have them at this Time, but it‘s just a

[2:56:24] we do not have them at this Time, but it‘s just a Prerequisite that we have to

[2:56:25] time, but it‘s just a Prerequisite that we have to Make sure that we‘re looking at

[2:56:27] prerequisite that we have to Make sure that we‘re looking at When we‘re providing funds.

[2:56:29] make sure that we‘re looking at When we‘re providing funds. We are not going to provide

[2:56:32] when we‘re providing funds. We are not going to provide Excessive funds as listed in the

[2:56:35] we are not going to provide Excessive funds as listed in the Maximum per unit subsidy limit.

[2:56:37] excessive funds as listed in the Maximum per unit subsidy limit. Our limit is going to be

[2:56:39] maximum per unit subsidy limit. Our limit is going to be $75,000.

[2:56:40] our limit is going to be $75,000. >> so is this saying that the

[2:56:42] $75,000. >> so is this saying that the Most expensive house that

[2:56:45] >> so is this saying that the Most expensive house that Someone could buy is the

[2:56:50] most expensive house that Someone could buy is the $359,000?

[2:56:50] someone could buy is the $359,000? >> no, ma‘am.

[2:56:51] $359,000? >> no, ma‘am. That‘s saying that that‘s the

[2:56:52] >> no, ma‘am. That‘s saying that that‘s the Maximum that we‘re able to

[2:56:54] that‘s saying that that‘s the Maximum that we‘re able to Invest in a unit that has zero

[2:56:57] maximum that we‘re able to Invest in a unit that has zero Bedrooms, one bedroom, two

[2:56:59] invest in a unit that has zero Bedrooms, one bedroom, two Bedrooms or three bedrooms or

[2:57:01] bedrooms, one bedroom, two Bedrooms or three bedrooms or Four bedrooms.

[2:57:01] bedrooms or three bedrooms or Four bedrooms. So depending upon the size of

[2:57:02] four bedrooms. So depending upon the size of The house, we would not be able

[2:57:04] so depending upon the size of The house, we would not be able To exceed the limits that are

[2:57:07] the house, we would not be able To exceed the limits that are Shown there either for

[2:57:09] to exceed the limits that are Shown there either for Condominiums or for just like a

[2:57:11] shown there either for Condominiums or for just like a Single family unit.

[2:57:12] condominiums or for just like a Single family unit. >> but none of the the subsidy

[2:57:14] single family unit. >> but none of the the subsidy Programs would get to those

[2:57:15] >> but none of the the subsidy Programs would get to those Dollar amounts.

[2:57:16] programs would get to those Dollar amounts. Our maximum subsidy, 75,000.

[2:57:18] dollar amounts. Our maximum subsidy, 75,000. You have to.

[2:57:19] our maximum subsidy, 75,000. You have to. Unless somebody was able to save

[2:57:21] you have to. Unless somebody was able to save A lot of money.

[2:57:22] unless somebody was able to save A lot of money. And then there were other

[2:57:24] a lot of money. And then there were other Cumulative contributions to get

[2:57:26] and then there were other Cumulative contributions to get To 181 000 I.

[2:57:28] cumulative contributions to get To 181 000 I. >> I agree it could be really

[2:57:31] to 181 000 I. >> I agree it could be really More for rental units.

[2:57:34] >> I agree it could be really More for rental units. So like if you‘re building an

[2:57:35] more for rental units. So like if you‘re building an Apartment complex and you are

[2:57:37] so like if you‘re building an Apartment complex and you are Making an investment based upon

[2:57:40] apartment complex and you are Making an investment based upon Your, you know, you‘re making an

[2:57:41] making an investment based upon Your, you know, you‘re making an Investment in your, your hud

[2:57:42] your, you know, you‘re making an Investment in your, your hud Funds, I‘m not really sure if

[2:57:44] investment in your, your hud Funds, I‘m not really sure if That‘s applicable or not, but my

[2:57:47] funds, I‘m not really sure if That‘s applicable or not, but my Interpretation when I read the

[2:57:48] that‘s applicable or not, but my Interpretation when I read the Regulation, it just said that

[2:57:50] interpretation when I read the Regulation, it just said that The pjs investment may not

[2:57:52] regulation, it just said that The pjs investment may not Exceed the per unit dollar

[2:57:54] the pjs investment may not Exceed the per unit dollar Limits listed on the on the

[2:57:56] exceed the per unit dollar Limits listed on the on the Chart.

[2:57:56] limits listed on the on the Chart. >> so this would be the cost

[2:57:57] chart. >> so this would be the cost That we would be putting into

[2:57:59] >> so this would be the cost That we would be putting into Building some kind of complex,

[2:58:00] that we would be putting into Building some kind of complex, As opposed to a down payment

[2:58:02] building some kind of complex, As opposed to a down payment Assistance match program.

[2:58:04] as opposed to a down payment Assistance match program. >> that is correct.

[2:58:05] assistance match program. >> that is correct. Okay.

[2:58:05] >> that is correct. Okay. >> but that explains those

[2:58:06] okay. >> but that explains those Dollar.

[2:58:06] >> but that explains those Dollar. >> numbers.

[2:58:07] dollar. >> numbers. Okay.

[2:58:09] >> numbers. Okay. Next slide.

[2:58:09] okay. Next slide. And lastly, I wanted to just

[2:58:13] next slide. And lastly, I wanted to just Mention to the court that this

[2:58:15] and lastly, I wanted to just Mention to the court that this Is not fully fleshed out yet,

[2:58:16] mention to the court that this Is not fully fleshed out yet, But we are going to require

[2:58:19] is not fully fleshed out yet, But we are going to require Inspections of all the

[2:58:20] but we are going to require Inspections of all the Properties that are going to be

[2:58:22] inspections of all the Properties that are going to be Purchased with down payment

[2:58:24] properties that are going to be Purchased with down payment Assistance funds.

[2:58:25] purchased with down payment Assistance funds. I copied and pasted a portion of

[2:58:28] assistance funds. I copied and pasted a portion of The regulation there.

[2:58:29] I copied and pasted a portion of The regulation there. It‘s generally saying that

[2:58:32] the regulation there. It‘s generally saying that Existing housing that is

[2:58:33] it‘s generally saying that Existing housing that is Acquired for homeownership using

[2:58:35] existing housing that is Acquired for homeownership using Homeownership assistance must be

[2:58:36] acquired for homeownership using Homeownership assistance must be Decent, safe, sanitary and in

[2:58:38] homeownership assistance must be Decent, safe, sanitary and in Good repair says a lot more than

[2:58:40] decent, safe, sanitary and in Good repair says a lot more than That.

[2:58:40] good repair says a lot more than That. But we are going to establish we

[2:58:43] that. But we are going to establish we Are requid to establish

[2:58:47] but we are going to establish we Are requid to establish Regulations, rules and

[2:58:48] are requid to establish Regulations, rules and Regulations for how the homes

[2:58:49] regulations, rules and Regulations for how the homes Are to be inspected, and that is

[2:58:52] regulations for how the homes Are to be inspected, and that is A very important note that I

[2:58:53] are to be inspected, and that is A very important note that I Wanted to make without taking a

[2:58:55] a very important note that I Wanted to make without taking a Deep dive on that today.

[2:58:56] wanted to make without taking a Deep dive on that today. So now I will turn it over.

[2:58:58] deep dive on that today. So now I will turn it over. Oh, I think I have one more

[2:59:00] so now I will turn it over. Oh, I think I have one more Slide.

[2:59:00] oh, I think I have one more Slide. And so lastly, I‘ve been trying

[2:59:02] slide. And so lastly, I‘ve been trying To get to you,.

[2:59:03] and so lastly, I‘ve been trying To get to you,. [laughter]

[2:59:03] to get to you,. [laughter] Joyce.

[2:59:03] [laughter] Joyce. It‘s been a long day.

[2:59:05] joyce. It‘s been a long day. The, the down payment assistance

[2:59:09] it‘s been a long day. The, the down payment assistance Program, public private

[2:59:10] the, the down payment assistance Program, public private Partnerships as shown on the

[2:59:12] program, public private Partnerships as shown on the Slide 24, cfr 92.2 hundred

[2:59:16] partnerships as shown on the Slide 24, cfr 92.2 hundred Requires and expects there to be

[2:59:19] slide 24, cfr 92.2 hundred Requires and expects there to be Partnerships.

[2:59:19] requires and expects there to be Partnerships. It‘s actually in the name of t

[2:59:20] partnerships. It‘s actually in the name of t Program.

[2:59:21] it‘s actually in the name of t Program. It‘s the home investment

[2:59:22] program. It‘s the home investment Partnerships program.

[2:59:23] it‘s the home investment Partnerships program. We‘re supposed to be leveraging

[2:59:25] partnerships program. We‘re supposed to be leveraging Partnerships.

[2:59:26] we‘re supposed to be leveraging Partnerships. So the the lending referral

[2:59:28] partnerships. So the the lending referral Partners is underway.

[2:59:28] so the the lending referral Partners is underway. It is not fully launched.

[2:59:30] partners is underway. It is not fully launched. We reached out to all of the

[2:59:33] it is not fully launched. We reached out to all of the Lenders that are in the tea

[2:59:35] we reached out to all of the Lenders that are in the tea Shack.

[2:59:36] lenders that are in the tea Shack. Down payment assistance program,

[2:59:39] shack. Down payment assistance program, Because we knew that they would

[2:59:40] down payment assistance program, Because we knew that they would Have familiarity with these

[2:59:41] because we knew that they would Have familiarity with these Types of programs.

[2:59:43] have familiarity with these Types of programs. So we reached out to them.

[2:59:44] types of programs. So we reached out to them. Most of them are very excited

[2:59:45] so we reached out to them. Most of them are very excited And anxious to participate in

[2:59:47] most of them are very excited And anxious to participate in Our program.

[2:59:47] and anxious to participate in Our program. We wanted to stand it up first,

[2:59:49] our program. We wanted to stand it up first, Get the application done, and

[2:59:50] we wanted to stand it up first, Get the application done, and Then engage with them.

[2:59:53] get the application done, and Then engage with them. And so we are working on that.

[2:59:55] then engage with them. And so we are working on that. We also are excited to tout our

[2:59:59] and so we are working on that. We also are excited to tout our Partnership with framework cdc,

[3:00:01] we also are excited to tout our Partnership with framework cdc, A hud approved housing

[3:00:02] partnership with framework cdc, A hud approved housing Counseling agency who will go

[3:00:05] a hud approved housing Counseling agency who will go Over for the court in the public

[3:00:06] counseling agency who will go Over for the court in the public In just a moment.

[3:00:07] over for the court in the public In just a moment. The affordability calculator to

[3:00:08] in just a moment. The affordability calculator to Run some scenarios for the

[3:00:10] the affordability calculator to Run some scenarios for the Court, providing a required

[3:00:13] run some scenarios for the Court, providing a required Homebuyer education and housing

[3:00:14] court, providing a required Homebuyer education and housing Counseling, and then, of course,

[3:00:16] homebuyer education and housing Counseling, and then, of course, Ensuring that all clients are

[3:00:17] counseling, and then, of course, Ensuring that all clients are Mortgage ready as a prerequisite

[3:00:18] ensuring that all clients are Mortgage ready as a prerequisite For our program.

[3:00:19] mortgage ready as a prerequisite For our program. And then lastly, but certainly

[3:00:20] for our program. And then lastly, but certainly Not least, is the hatzi family

[3:00:23] and then lastly, but certainly Not least, is the hatzi family Self-sufficiency program, where

[3:00:26] not least, is the hatzi family Self-sufficiency program, where Brenda will talk about how our

[3:00:28] self-sufficiency program, where Brenda will talk about how our Partnership will work and how

[3:00:29] brenda will talk about how our Partnership will work and how They will market, promote and

[3:00:31] partnership will work and how They will market, promote and Refer their clients to the

[3:00:33] they will market, promote and Refer their clients to the County‘s dpa program.

[3:00:34] refer their clients to the County‘s dpa program. Turn it over to you, joyce.

[3:00:36] county‘s dpa program. Turn it over to you, joyce. >> okay.

[3:00:37] turn it over to you, joyce. >> okay. Okay.

[3:00:37] >> okay. Okay. Well, good afternoon.

[3:00:38] okay. Well, good afternoon. >> pleasure to be here today.

[3:00:40] well, good afternoon. >> pleasure to be here today. And we‘re going to kick off with

[3:00:43] >> pleasure to be here today. And we‘re going to kick off with Our segment of the portion of

[3:00:46] and we‘re going to kick off with Our segment of the portion of What the will make this down

[3:00:49] our segment of the portion of What the will make this down Payment assistance program

[3:00:50] what the will make this down Payment assistance program Successful for our constituents.

[3:00:52] payment assistance program Successful for our constituents. And so I would focus your

[3:00:54] successful for our constituents. And so I would focus your Attention on the scenarios that

[3:00:55] and so I would focus your Attention on the scenarios that We‘ve provided.

[3:00:56] attention on the scenarios that We‘ve provided. And so scenario, can you all

[3:00:58] we‘ve provided. And so scenario, can you all Hear me sound like the mic is in

[3:01:00] and so scenario, can you all Hear me sound like the mic is in My eye and we‘re down some.

[3:01:02] hear me sound like the mic is in My eye and we‘re down some. Okay, so hopefully you can see

[3:01:04] my eye and we‘re down some. Okay, so hopefully you can see The scenario.

[3:01:05] okay, so hopefully you can see The scenario. So we, we used the scenarios

[3:01:08] the scenario. So we, we used the scenarios Based on the 80, 50, 60, 50 to

[3:01:12] so we, we used the scenarios Based on the 80, 50, 60, 50 to 80% mfi.

[3:01:13] based on the 80, 50, 60, 50 to 80% mfi. And we wanted to give several

[3:01:14] 80% mfi. And we wanted to give several Scenarios using two of the most

[3:01:16] and we wanted to give several Scenarios using two of the most Popular mortgage loan programs,

[3:01:18] scenarios using two of the most Popular mortgage loan programs, Which is the federal housing

[3:01:20] popular mortgage loan programs, Which is the federal housing Administration, also known as

[3:01:21] which is the federal housing Administration, also known as Fha, and conventional financing,

[3:01:23] administration, also known as Fha, and conventional financing, Which happens to be my favorite

[3:01:25] fha, and conventional financing, Which happens to be my favorite Product for several reasons, in

[3:01:27] which happens to be my favorite Product for several reasons, in Which I‘ll elaborate.

[3:01:28] product for several reasons, in Which I‘ll elaborate. So the first scenario is based

[3:01:31] which I‘ll elaborate. So the first scenario is based On the conventional financing

[3:01:34] so the first scenario is based On the conventional financing And the borrower being eligible

[3:01:36] on the conventional financing And the borrower being eligible For 50 using 5000.

[3:01:38] and the borrower being eligible For 50 using 5000. As she said, the down payment

[3:01:41] for 50 using 5000. As she said, the down payment Intent is not that it is

[3:01:43] as she said, the down payment Intent is not that it is Eligible for using the or

[3:01:46] intent is not that it is Eligible for using the or Consuming 75000 in totality, but

[3:01:48] eligible for using the or Consuming 75000 in totality, but It‘s based on need, right?

[3:01:49] consuming 75000 in totality, but It‘s based on need, right? So with that understanding on

[3:01:52] it‘s based on need, right? So with that understanding on The side of the borrower, john

[3:01:55] so with that understanding on The side of the borrower, john Doe conveying the gross income

[3:01:58] the side of the borrower, john Doe conveying the gross income From the credit tri merge credit

[3:02:00] doe conveying the gross income From the credit tri merge credit Report, creditors are reporting

[3:02:01] from the credit tri merge credit Report, creditors are reporting The car payment and the credit

[3:02:05] report, creditors are reporting The car payment and the credit Card or loan payment of.

[3:02:05] the car payment and the credit Card or loan payment of. 152 so the debt is.

[3:02:09] card or loan payment of. 152 so the debt is. 524 from the credit repository

[3:02:13] 152 so the debt is. 524 from the credit repository Conveyance I want to transit

[3:02:16] 524 from the credit repository Conveyance I want to transit Before I talk about the ratios

[3:02:17] conveyance I want to transit Before I talk about the ratios And the other elements to this

[3:02:19] before I talk about the ratios And the other elements to this Section, I‘d like to shift to

[3:02:22] and the other elements to this Section, I‘d like to shift to The area where we‘re conveying

[3:02:25] section, I‘d like to shift to The area where we‘re conveying The sales price.

[3:02:26] the area where we‘re conveying The sales price. And I tried to keep the sales

[3:02:27] the sales price. And I tried to keep the sales Price similar to the subsidy

[3:02:30] and I tried to keep the sales Price similar to the subsidy Caps, because these are kind of

[3:02:33] price similar to the subsidy Caps, because these are kind of Realistic prices that are

[3:02:35] caps, because these are kind of Realistic prices that are Affordable for low to moderate

[3:02:37] realistic prices that are Affordable for low to moderate Income buyers or very low to

[3:02:38] affordable for low to moderate Income buyers or very low to Moderate income buyers, which is

[3:02:40] income buyers or very low to Moderate income buyers, which is The demographic income

[3:02:41] moderate income buyers, which is The demographic income Demographic that we‘re serving.

[3:02:43] the demographic income Demographic that we‘re serving. So in this particular scenario,

[3:02:46] demographic that we‘re serving. So in this particular scenario, We looked at a 202, $203,000

[3:02:49] so in this particular scenario, We looked at a 202, $203,000 Sales price.

[3:02:50] we looked at a 202, $203,000 Sales price. And if the borrower is getting

[3:02:53] sales price. And if the borrower is getting $50,000 in down payment

[3:02:55] and if the borrower is getting $50,000 in down payment Assistance, that subsidy creates

[3:02:57] $50,000 in down payment Assistance, that subsidy creates A loan to value of 75.33%.

[3:03:00] assistance, that subsidy creates A loan to value of 75.33%. And what that loan to value

[3:03:01] a loan to value of 75.33%. And what that loan to value Means is that if there if there

[3:03:04] and what that loan to value Means is that if there if there Is no down payment requirement,

[3:03:05] means is that if there if there Is no down payment requirement, Then it‘s 100% loan to value the

[3:03:08] is no down payment requirement, Then it‘s 100% loan to value the Subsidy divided by the sales

[3:03:10] then it‘s 100% loan to value the Subsidy divided by the sales Price determines what percentage

[3:03:12] subsidy divided by the sales Price determines what percentage Of that subsidy is paying for

[3:03:14] price determines what percentage Of that subsidy is paying for That home.

[3:03:14] of that subsidy is paying for That home. So in this scenario, the subsidy

[3:03:17] that home. So in this scenario, the subsidy That is being used 50,000 is

[3:03:20] so in this scenario, the subsidy That is being used 50,000 is About 22, 23,000, 22, 23%.

[3:03:23] that is being used 50,000 is About 22, 23,000, 22, 23%. And that subtracted by 100%

[3:03:26] about 22, 23,000, 22, 23%. And that subtracted by 100% Created a loan to value of

[3:03:29] and that subtracted by 100% Created a loan to value of 75.33%.

[3:03:29] created a loan to value of 75.33%. So the borrower would then need

[3:03:31] 75.33%. So the borrower would then need To identify financing not at

[3:03:35] so the borrower would then need To identify financing not at 100% of the sales price, but at

[3:03:37] to identify financing not at 100% of the sales price, but at 75% of the sales price, which

[3:03:38] 100% of the sales price, but at 75% of the sales price, which Now makes the mortgage payment

[3:03:41] 75% of the sales price, which Now makes the mortgage payment Smaller.

[3:03:41] now makes the mortgage payment Smaller. And the mortgage loan smaller,

[3:03:44] smaller. And the mortgage loan smaller, And thus the payment smaller.

[3:03:46] and the mortgage loan smaller, And thus the payment smaller. The benefit of a conventional

[3:03:48] and thus the payment smaller. The benefit of a conventional Financing is that with

[3:03:49] the benefit of a conventional Financing is that with Conventional financing, which is

[3:03:51] financing is that with Conventional financing, which is Private financing, when the loan

[3:03:54] conventional financing, which is Private financing, when the loan To value is below 80%, the

[3:03:57] private financing, when the loan To value is below 80%, the Investor will not assess the

[3:04:00] to value is below 80%, the Investor will not assess the Borrower with what‘s called

[3:04:01] investor will not assess the Borrower with what‘s called Private mortgage insurance.

[3:04:03] borrower with what‘s called Private mortgage insurance. And the private mortgage

[3:04:04] private mortgage insurance. And the private mortgage Insurance is an insurance policy

[3:04:05] and the private mortgage Insurance is an insurance policy To protect the investor.

[3:04:07] insurance is an insurance policy To protect the investor. If the investor loses the loan

[3:04:09] to protect the investor. If the investor loses the loan Through mortgage default, if the

[3:04:12] if the investor loses the loan Through mortgage default, if the Mortgager defaulted on the loan,

[3:04:14] through mortgage default, if the Mortgager defaulted on the loan, The the investor is made whole

[3:04:16] mortgager defaulted on the loan, The the investor is made whole By this private mortgage

[3:04:17] the the investor is made whole By this private mortgage Insurance policy.

[3:04:18] by this private mortgage Insurance policy. So it‘s not benefiting the

[3:04:19] insurance policy. So it‘s not benefiting the Mortgager, it‘s benefiting the

[3:04:21] so it‘s not benefiting the Mortgager, it‘s benefiting the Investor, you know, from loss.

[3:04:22] mortgager, it‘s benefiting the Investor, you know, from loss. And so we we thought this was

[3:04:26] investor, you know, from loss. And so we we thought this was Important to convey because if

[3:04:27] and so we we thought this was Important to convey because if There‘s no pmi, then it makes

[3:04:30] important to convey because if There‘s no pmi, then it makes The housing payment smaller,

[3:04:33] there‘s no pmi, then it makes The housing payment smaller, Right?

[3:04:33] the housing payment smaller, Right? So the goal is to get the.

[3:04:34] right? So the goal is to get the. And then in addition to that,

[3:04:36] so the goal is to get the. And then in addition to that, The credit score for

[3:04:38] and then in addition to that, The credit score for Conventional financing starts at

[3:04:41] the credit score for Conventional financing starts at 620.

[3:04:41] conventional financing starts at 620. But again, this program requires

[3:04:44] 620. But again, this program requires 640.

[3:04:44] but again, this program requires 640. So we will.

[3:04:44] 640. So we will. We always convey that the

[3:04:47] so we will. We always convey that the Borrower should at least aim at

[3:04:49] we always convey that the Borrower should at least aim at A 640 score or higher, because

[3:04:51] borrower should at least aim at A 640 score or higher, because There are down payment programs,

[3:04:53] a 640 score or higher, because There are down payment programs, Including dpa, this dpa program

[3:04:55] there are down payment programs, Including dpa, this dpa program That requires a.

[3:04:56] including dpa, this dpa program That requires a. 640.

[3:04:56] that requires a. 640. So we.

[3:04:57] 640. So we. As a housing counseling, we.

[3:04:58] so we. As a housing counseling, we. We set a standard at 640 should

[3:05:00] as a housing counseling, we. We set a standard at 640 should Be your goal for a credit score.

[3:05:03] we set a standard at 640 should Be your goal for a credit score. We made assumptions on the

[3:05:05] be your goal for a credit score. We made assumptions on the Insurance based on the insurance

[3:05:06] we made assumptions on the Insurance based on the insurance Rate in austin and central texas

[3:05:09] insurance based on the insurance Rate in austin and central texas And the hoa.

[3:05:09] rate in austin and central texas And the hoa. And we looked at this obviously

[3:05:12] and the hoa. And we looked at this obviously As a 36 month, 30 year mortgage

[3:05:15] and we looked at this obviously As a 36 month, 30 year mortgage Loan to make the payment

[3:05:16] as a 36 month, 30 year mortgage Loan to make the payment Smaller.

[3:05:17] loan to make the payment Smaller. And as you can see, we use an

[3:05:18] smaller. And as you can see, we use an Interest rate, which is probably

[3:05:20] and as you can see, we use an Interest rate, which is probably Higher than the market rate.

[3:05:21] interest rate, which is probably Higher than the market rate. Now it‘s floating at about a

[3:05:23] higher than the market rate. Now it‘s floating at about a Little over 6.5%.

[3:05:24] now it‘s floating at about a Little over 6.5%. But, you know, we don‘t know

[3:05:25] little over 6.5%. But, you know, we don‘t know Where the economy is going,

[3:05:27] but, you know, we don‘t know Where the economy is going, Given the fact that we‘re in an

[3:05:28] where the economy is going, Given the fact that we‘re in an Inflationary economy.

[3:05:29] given the fact that we‘re in an Inflationary economy. And then we did not use a pmi

[3:05:31] inflationary economy. And then we did not use a pmi Rate because the pmi is recused

[3:05:35] and then we did not use a pmi Rate because the pmi is recused Because of the ltv being under

[3:05:38] rate because the pmi is recused Because of the ltv being under 80%.

[3:05:39] because of the ltv being under 80%. >> if I ever need to buy

[3:05:40] 80%. >> if I ever need to buy Anything.

[3:05:40] >> if I ever need to buy Anything. [laughter]

[3:05:41] anything. [laughter] Again, I need your phone number.

[3:05:43] [laughter] Again, I need your phone number. >> and we explained this to our

[3:05:46] again, I need your phone number. >> and we explained this to our Clients because we want to give

[3:05:48] >> and we explained this to our Clients because we want to give Our clients the benefit of the

[3:05:49] clients because we want to give Our clients the benefit of the Fact that they are intelligent

[3:05:51] our clients the benefit of the Fact that they are intelligent Enough to understand these

[3:05:52] fact that they are intelligent Enough to understand these Concepts.

[3:05:52] enough to understand these Concepts. We also explain to the clients,

[3:05:54] concepts. We also explain to the clients, We explained this to the client

[3:05:55] we also explain to the clients, We explained this to the client Because we want them to control

[3:05:56] we explained this to the client Because we want them to control The transaction going into the

[3:05:59] because we want them to control The transaction going into the Conversation with the lender and

[3:06:01] the transaction going into the Conversation with the lender and Realtor, explaining what I want

[3:06:03] conversation with the lender and Realtor, explaining what I want To spend on housing, not what

[3:06:05] realtor, explaining what I want To spend on housing, not what You have pre-qualified me for,

[3:06:06] to spend on housing, not what You have pre-qualified me for, Because you could pre-qualify

[3:06:07] you have pre-qualified me for, Because you could pre-qualify For more than what you can

[3:06:08] because you could pre-qualify For more than what you can Afford.

[3:06:08] for more than what you can Afford. And you need to understand these

[3:06:10] afford. And you need to understand these Concepts so that there‘s no bait

[3:06:13] and you need to understand these Concepts so that there‘s no bait And switch going on.

[3:06:13] concepts so that there‘s no bait And switch going on. There‘s no predatory activity

[3:06:15] and switch going on. There‘s no predatory activity Going on, and there tends to be

[3:06:17] there‘s no predatory activity Going on, and there tends to be Better service from an

[3:06:19] going on, and there tends to be Better service from an Intellectual capacity.

[3:06:20] better service from an Intellectual capacity. When a client understands these

[3:06:22] intellectual capacity. When a client understands these Concepts.

[3:06:23] when a client understands these Concepts. So our counseling services are

[3:06:25] concepts. So our counseling services are Pretty extensive.

[3:06:26] so our counseling services are Pretty extensive. The education is what it is, but

[3:06:28] pretty extensive. The education is what it is, but The counseling services go into

[3:06:29] the education is what it is, but The counseling services go into The mutia of this, and it can

[3:06:31] the counseling services go into The mutia of this, and it can Be 2 to 3 hours because we want

[3:06:33] the mutia of this, and it can Be 2 to 3 hours because we want You to understand these concepts

[3:06:35] be 2 to 3 hours because we want You to understand these concepts And be an active participant.

[3:06:36] you to understand these concepts And be an active participant. So with that understanding, the

[3:06:37] and be an active participant. So with that understanding, the Loan to value has been reduced

[3:06:38] so with that understanding, the Loan to value has been reduced To 80% and conventional

[3:06:40] loan to value has been reduced To 80% and conventional Financing, no pmi, we did not

[3:06:43] to 80% and conventional Financing, no pmi, we did not Use hoa because we don’t have

[3:06:45] financing, no pmi, we did not Use hoa because we don’t have That information.

[3:06:46] use hoa because we don’t have That information. But we do know the average hoa

[3:06:49] that information. But we do know the average hoa In in texas and in austin.

[3:06:51] but we do know the average hoa In in texas and in austin. So then the loan amount is

[3:06:54] in in texas and in austin. So then the loan amount is 152,668, because the ltv is 75%

[3:06:57] so then the loan amount is 152,668, because the ltv is 75% Versus what the loan amount

[3:06:58] 152,668, because the ltv is 75% Versus what the loan amount Would have been if the, the ltv

[3:07:02] versus what the loan amount Would have been if the, the ltv Was, was, was higher.

[3:07:03] would have been if the, the ltv Was, was, was higher. The pi is 990 20 property taxes

[3:07:07] was, was, was higher. The pi is 990 20 property taxes Divided by 12358, insurance 84

[3:07:11] the pi is 990 20 property taxes Divided by 12358, insurance 84 And the mortgage payment total

[3:07:13] divided by 12358, insurance 84 And the mortgage payment total Housing payment is 1432, which

[3:07:15] and the mortgage payment total Housing payment is 1432, which Is on par with rents.

[3:07:17] housing payment is 1432, which Is on par with rents. It actually is lower than rents.

[3:07:19] is on par with rents. It actually is lower than rents. Yeah.

[3:07:19] it actually is lower than rents. Yeah. Right.

[3:07:19] yeah. Right. So under this scenario, this

[3:07:22] right. So under this scenario, this Down payment program is making

[3:07:23] so under this scenario, this Down payment program is making It possible to transition

[3:07:25] down payment program is making It possible to transition Renters to homeowners.

[3:07:27] it possible to transition Renters to homeowners. >> for somebody who‘s at 65%, am

[3:07:29] renters to homeowners. >> for somebody who‘s at 65%, am I correct?

[3:07:30] >> for somebody who‘s at 65%, am I correct? >> that is correct.

[3:07:30] I correct? >> that is correct. And this is and I‘m glad that

[3:07:32] >> that is correct. And this is and I‘m glad that You brought that to bear,

[3:07:32] and this is and I‘m glad that You brought that to bear, Because this scenario at the

[3:07:34] you brought that to bear, Because this scenario at the Very bottom in red lettering,

[3:07:36] because this scenario at the Very bottom in red lettering, This scenario is based on

[3:07:37] very bottom in red lettering, This scenario is based on Someone making 65% mfi.

[3:07:39] this scenario is based on Someone making 65% mfi. So going back to the borrower

[3:07:43] someone making 65% mfi. So going back to the borrower Side, the when she conveyed the

[3:07:47] so going back to the borrower Side, the when she conveyed the Housing ratio, the housing ratio

[3:07:48] side, the when she conveyed the Housing ratio, the housing ratio Was based on the mortgage

[3:07:52] housing ratio, the housing ratio Was based on the mortgage Payment.

[3:07:52] was based on the mortgage Payment. The total housing payment

[3:07:54] payment. The total housing payment Divided by the gross monthly

[3:07:56] the total housing payment Divided by the gross monthly Income.

[3:07:57] divided by the gross monthly Income. So this person‘s housing ratio

[3:07:58] income. So this person‘s housing ratio Is lower than the housing ratio

[3:08:00] so this person‘s housing ratio Is lower than the housing ratio That‘s on this chart, which is

[3:08:03] is lower than the housing ratio That‘s on this chart, which is 38%.

[3:08:03] that‘s on this chart, which is 38%. This person‘s housing ratio was

[3:08:06] 38%. This person‘s housing ratio was 28.22%.

[3:08:07] this person‘s housing ratio was 28.22%. That is the percentage of their

[3:08:10] 28.22%. That is the percentage of their Current gross monthly income

[3:08:11] that is the percentage of their Current gross monthly income That‘s being used to to pay

[3:08:14] current gross monthly income That‘s being used to to pay Housing.

[3:08:14] that‘s being used to to pay Housing. So that‘s below the as a matter

[3:08:16] housing. So that‘s below the as a matter Of fact, hud‘s housing ratio is

[3:08:18] so that‘s below the as a matter Of fact, hud‘s housing ratio is Recommended that it.

[3:08:19] of fact, hud‘s housing ratio is Recommended that it. Don‘t be that it‘s not greater

[3:08:20] recommended that it. Don‘t be that it‘s not greater Than 30%.

[3:08:21] don‘t be that it‘s not greater Than 30%. So this housing ratio is less

[3:08:23] than 30%. So this housing ratio is less Than that 30% ratio.

[3:08:25] so this housing ratio is less Than that 30% ratio. And it‘s much less than the

[3:08:27] than that 30% ratio. And it‘s much less than the Standard.

[3:08:27] and it‘s much less than the Standard. And then the debt to income

[3:08:29] standard. And then the debt to income Ratio, 43%, which is the back

[3:08:31] and then the debt to income Ratio, 43%, which is the back End ratio in this scenario,

[3:08:33] ratio, 43%, which is the back End ratio in this scenario, Again, is less than the 43%.

[3:08:35] end ratio in this scenario, Again, is less than the 43%. It‘s 385%.

[3:08:38] again, is less than the 43%. It‘s 385%. So this is a healthy transaction

[3:08:40] it‘s 385%. So this is a healthy transaction For borrower and it creates

[3:08:43] so this is a healthy transaction For borrower and it creates Sustainability and it creates

[3:08:45] for borrower and it creates Sustainability and it creates Affordability.

[3:08:45] sustainability and it creates Affordability. And it also creates housing

[3:08:48] affordability. And it also creates housing Stability.

[3:08:48] and it also creates housing Stability. So that‘s the first scenario.

[3:08:51] stability. So that‘s the first scenario. So yes sir.

[3:08:52] so that‘s the first scenario. So yes sir. >> I like the process.

[3:08:55] so yes sir. >> I like the process. I like the logic.

[3:08:57] >> I like the process. I like the logic. I‘m just looking at the housing

[3:09:00] I like the logic. I‘m just looking at the housing Prices.

[3:09:02] I‘m just looking at the housing Prices. 200,000 $200,000.

[3:09:05] prices. 200,000 $200,000. >> this is based on a scenario

[3:09:07] 200,000 $200,000. >> this is based on a scenario Of $202,000.

[3:09:09] >> this is based on a scenario Of $202,000. And so when we looked at what

[3:09:12] of $202,000. And so when we looked at what This person could afford and

[3:09:13] and so when we looked at what This person could afford and What‘s available in the housing

[3:09:15] this person could afford and What‘s available in the housing Market, they may be able to

[3:09:17] what‘s available in the housing Market, they may be able to Afford a condo, a older condo or

[3:09:22] market, they may be able to Afford a condo, a older condo or Condominium that is in an

[3:09:24] afford a condo, a older condo or Condominium that is in an Affordable housing.

[3:09:26] condominium that is in an Affordable housing. Structure program like.

[3:09:29] affordable housing. Structure program like. Chestnut neighborhood, community

[3:09:34] structure program like. Chestnut neighborhood, community River revitalization or mueller

[3:09:36] chestnut neighborhood, community River revitalization or mueller Affordable housing program.

[3:09:38] river revitalization or mueller Affordable housing program. It.

[3:09:38] affordable housing program. It. It.

[3:09:38] it. It. It may be that they‘re buying a

[3:09:41] it. It may be that they‘re buying a Home or in austin community land

[3:09:43] it may be that they‘re buying a Home or in austin community land Trust program.

[3:09:44] home or in austin community land Trust program. By theay, the city of austin

[3:09:45] trust program. By theay, the city of austin Is developing clts in a condo

[3:09:49] by theay, the city of austin Is developing clts in a condo Structure.

[3:09:49] is developing clts in a condo Structure. So this is within those

[3:09:51] structure. So this is within those Structures.

[3:09:51] so this is within those Structures. >> so I would be wanting to put

[3:09:54] structures. >> so I would be wanting to put Together an asset map of places

[3:09:56] >> so I would be wanting to put Together an asset map of places That might because went through

[3:09:58] together an asset map of places That might because went through This process a couple years ago

[3:09:59] that might because went through This process a couple years ago With my oldest.

[3:10:00] this process a couple years ago With my oldest. And to get to these dollars,

[3:10:03] with my oldest. And to get to these dollars, They were in taylor.

[3:10:04] and to get to these dollars, They were in taylor. So, so, but I would want to know

[3:10:07] they were in taylor. So, so, but I would want to know If we are if, if, you know, you

[3:10:10] so, so, but I would want to know If we are if, if, you know, you Gave me some context, I‘d want

[3:10:12] if we are if, if, you know, you Gave me some context, I‘d want To know the developments in town

[3:10:15] gave me some context, I‘d want To know the developments in town That would make this possible,

[3:10:17] to know the developments in town That would make this possible, How far out we have to go.

[3:10:19] that would make this possible, How far out we have to go. Do we have to go to the other

[3:10:21] how far out we have to go. Do we have to go to the other Side of 183 or you mentioned

[3:10:25] do we have to go to the other Side of 183 or you mentioned Chestnut that.

[3:10:25] side of 183 or you mentioned Chestnut that. I mean, that‘s central east

[3:10:27] chestnut that. I mean, that‘s central east Austin, but I‘d want I‘d want to

[3:10:29] I mean, that‘s central east Austin, but I‘d want I‘d want to Be able to tell folks, okay,

[3:10:31] austin, but I‘d want I‘d want to Be able to tell folks, okay, This is possible in these areas

[3:10:34] be able to tell folks, okay, This is possible in these areas And these and, and, but I like

[3:10:37] this is possible in these areas And these and, and, but I like The formula.

[3:10:37] and these and, and, but I like The formula. I understand the logic.

[3:10:38] the formula. I understand the logic. When I saw the numbers, I almost

[3:10:40] I understand the logic. When I saw the numbers, I almost Fell out of my chair, though.

[3:10:41] when I saw the numbers, I almost Fell out of my chair, though. So I just.

[3:10:43] fell out of my chair, though. So I just. So I just want to make sure

[3:10:46] so I just. So I just want to make sure That, that, that we know that

[3:10:49] so I just want to make sure That, that, that we know that We‘re thinking about spaces

[3:10:51] that, that, that we know that We‘re thinking about spaces Where this can happen.

[3:10:52] we‘re thinking about spaces Where this can happen. >> that‘s right.

[3:10:53] where this can happen. >> that‘s right. That has been a challenge.

[3:10:54] >> that‘s right. That has been a challenge. It is that has absolutely been a

[3:10:57] that has been a challenge. It is that has absolutely been a Challenge.

[3:10:57] it is that has absolutely been a Challenge. Do you think, joyce, just to be

[3:10:59] challenge. Do you think, joyce, just to be Considerate of time, maybe we

[3:11:01] do you think, joyce, just to be Considerate of time, maybe we Could ip over the 80% and talk

[3:11:02] considerate of time, maybe we Could ip over the 80% and talk About the 50%.

[3:11:03] could ip over the 80% and talk About the 50%. We scenario.

[3:11:04] about the 50%. We scenario. So it‘ll tie into.

[3:11:05] we scenario. So it‘ll tie into. >> absolutely.

[3:11:06] so it‘ll tie into. >> absolutely. And just keep keep in mind that

[3:11:08] >> absolutely. And just keep keep in mind that This scenario would have created

[3:11:10] and just keep keep in mind that This scenario would have created A, a larger sales price if the

[3:11:13] this scenario would have created A, a larger sales price if the Down payment subsidy was

[3:11:15] a, a larger sales price if the Down payment subsidy was Greater.

[3:11:15] down payment subsidy was Greater. This was an example based on

[3:11:18] greater. This was an example based on 5000.

[3:11:18] this was an example based on 5000. If they had 75,000, that sales

[3:11:20] 5000. If they had 75,000, that sales Price may have looked like mid

[3:11:24] if they had 75,000, that sales Price may have looked like mid $200,000.

[3:11:24] price may have looked like mid $200,000. >> that‘s correct.

[3:11:24] $200,000. >> that‘s correct. >> I also think given time, I

[3:11:26] >> that‘s correct. >> I also think given time, I Don‘t know that we need to walk

[3:11:28] >> I also think given time, I Don‘t know that we need to walk Through another one.

[3:11:29] don‘t know that we need to walk Through another one. Okay.

[3:11:29] through another one. Okay. Because I mean, I sort of get.

[3:11:32] okay. Because I mean, I sort of get. >> yeah.

[3:11:32] because I mean, I sort of get. >> yeah. >> we.

[3:11:33] >> yeah. >> we. >> got the form constructed it.

[3:11:34] >> we. >> got the form constructed it. Yeah.

[3:11:35] >> got the form constructed it. Yeah. >> yeah, yeah.

[3:11:35] yeah. >> yeah, yeah. Perfect.

[3:11:36] >> yeah, yeah. Perfect. But I‘m glad you were here to do

[3:11:37] perfect. But I‘m glad you were here to do That.

[3:11:37] but I‘m glad you were here to do That. >> yeah, exactly.

[3:11:39] that. >> yeah, exactly. That was.

[3:11:39] >> yeah, exactly. That was. >> very expert.

[3:11:40] that was. >> very expert. >> yeah.

[3:11:40] >> very expert. >> yeah. >> thank you.

[3:11:41] >> yeah. >> thank you. >> thank you.

[3:11:42] >> thank you. >> thank you. And I have a meeting at.

[3:11:44] >> thank you. And I have a meeting at. [laughter]

[3:11:44] and I have a meeting at. [laughter] 530.

[3:11:44] [laughter] 530. >> okay?

[3:11:44] 530. >> okay? Okay.

[3:11:45] >> okay? Okay. Okay.

[3:11:45] okay. Okay. >> so, you know, framework cdc

[3:11:48] okay. >> so, you know, framework cdc Has been around for 20 going on

[3:11:50] >> so, you know, framework cdc Has been around for 20 going on 24 years.

[3:11:50] has been around for 20 going on 24 years. We incorporated in december

[3:11:52] 24 years. We incorporated in december 2004.

[3:11:53] we incorporated in december 2004. We provide you can flip this

[3:11:55] 2004. We provide you can flip this Slide for the sake of time.

[3:11:57] we provide you can flip this Slide for the sake of time. Our mission is providing safe,

[3:12:01] slide for the sake of time. Our mission is providing safe, Sustainable, decent, affordable

[3:12:02] our mission is providing safe, Sustainable, decent, affordable Housing through education,

[3:12:03] sustainable, decent, affordable Housing through education, Housing, counseling.

[3:12:04] housing through education, Housing, counseling. Foreclosure prevention,

[3:12:07] housing, counseling. Foreclosure prevention, Counseling.

[3:12:07] foreclosure prevention, Counseling. We‘ve very successful in the

[3:12:09] counseling. We‘ve very successful in the Foreclosure prevention

[3:12:10] we‘ve very successful in the Foreclosure prevention Counseling, working with

[3:12:12] foreclosure prevention Counseling, working with Mortgages, work with their

[3:12:13] counseling, working with Mortgages, work with their Servicers to present a packet to

[3:12:15] mortgages, work with their Servicers to present a packet to Underwriting.

[3:12:15] servicers to present a packet to Underwriting. We know how to put those packets

[3:12:16] underwriting. We know how to put those packets Together that they so that they

[3:12:18] we know how to put those packets Together that they so that they Go straight to underwriting and

[3:12:20] together that they so that they Go straight to underwriting and They are considered for

[3:12:23] go straight to underwriting and They are considered for Restructuring the note through a

[3:12:24] they are considered for Restructuring the note through a Mortgage modification for

[3:12:26] restructuring the note through a Mortgage modification for Sustainability, we‘re able to

[3:12:27] mortgage modification for Sustainability, we‘re able to Move forward with homeowners

[3:12:30] sustainability, we‘re able to Move forward with homeowners With moratoriums and

[3:12:32] move forward with homeowners With moratoriums and Forbearance, plan to give them

[3:12:33] with moratoriums and Forbearance, plan to give them Time to get, you know, earn

[3:12:35] forbearance, plan to give them Time to get, you know, earn Income or whatever the default

[3:12:36] time to get, you know, earn Income or whatever the default Is.

[3:12:36] income or whatever the default Is. So we‘re very successful in that

[3:12:38] is. So we‘re very successful in that Space as well.

[3:12:39] so we‘re very successful in that Space as well. Our program is low to moderate

[3:12:42] space as well. Our program is low to moderate Income.

[3:12:42] our program is low to moderate Income. And so we fit right into the

[3:12:45] income. And so we fit right into the Income demographic for both

[3:12:47] and so we fit right into the Income demographic for both Programs.

[3:12:47] income demographic for both Programs. You can flip the slide please.

[3:12:49] programs. You can flip the slide please. Thank you.

[3:12:49] you can flip the slide please. Thank you. >> so much.

[3:12:49] thank you. >> so much. It‘s great to know about you.

[3:12:50] >> so much. It‘s great to know about you. Are we referring people to you

[3:12:52] it‘s great to know about you. Are we referring people to you Who are who we‘re coming across,

[3:12:54] are we referring people to you Who are who we‘re coming across, Who are in danger of losing

[3:12:56] who are who we‘re coming across, Who are in danger of losing Their homes, bankruptcy or

[3:12:58] who are in danger of losing Their homes, bankruptcy or Foreclosure or whatever.

[3:12:59] their homes, bankruptcy or Foreclosure or whatever. >> clients should be coming to

[3:13:01] foreclosure or whatever. >> clients should be coming to Us for those services because we

[3:13:04] >> clients should be coming to Us for those services because we Were told, we were told many,

[3:13:05] us for those services because we Were told, we were told many, Many years by servicers that we

[3:13:07] were told, we were told many, Many years by servicers that we Pretty much underwrite the loan.

[3:13:09] many years by servicers that we Pretty much underwrite the loan. So when the loan gets to loss

[3:13:11] pretty much underwrite the loan. So when the loan gets to loss Mitigation, it is passed and

[3:13:12] so when the loan gets to loss Mitigation, it is passed and It‘s reviewed.

[3:13:13] mitigation, it is passed and It‘s reviewed. Our packets go straight to

[3:13:14] it‘s reviewed. Our packets go straight to Underwriting.

[3:13:15] our packets go straight to Underwriting. Yeah.

[3:13:15] underwriting. Yeah. So and that‘s because of the

[3:13:17] yeah. So and that‘s because of the Strength of knowledge we have on

[3:13:18] so and that‘s because of the Strength of knowledge we have on The front end.

[3:13:21] strength of knowledge we have on The front end. We also have see what‘s there.

[3:13:26] the front end. We also have see what‘s there. Okay.

[3:13:26] we also have see what‘s there. Okay. So we do have a small rental

[3:13:29] okay. So we do have a small rental Portfolio.

[3:13:29] so we do have a small rental Portfolio. We purchased.

[3:13:30] portfolio. We purchased. So we are a non profit real

[3:13:32] we purchased. So we are a non profit real Estate corporation as well.

[3:13:33] so we are a non profit real Estate corporation as well. And so we became a real estate

[3:13:35] estate corporation as well. And so we became a real estate Corporation because in times of

[3:13:37] and so we became a real estate Corporation because in times of Recession, when property values

[3:13:39] corporation because in times of Recession, when property values Plummet, such as what happened

[3:13:41] recession, when property values Plummet, such as what happened During the mortgage crisis in

[3:13:42] plummet, such as what happened During the mortgage crisis in 2008, which led to the recession

[3:13:44] during the mortgage crisis in 2008, which led to the recession Beuse of high financial

[3:13:46] 2008, which led to the recession Beuse of high financial Deregulation, we wanted to go

[3:13:47] beuse of high financial Deregulation, we wanted to go Into communities within central

[3:13:49] deregulation, we wanted to go Into communities within central Texas and start acquiring single

[3:13:51] into communities within central Texas and start acquiring single Family condominiums from banking

[3:13:53] texas and start acquiring single Family condominiums from banking Institutions at low prices.

[3:13:55] family condominiums from banking Institutions at low prices. These are clients that did not

[3:13:56] institutions at low prices. These are clients that did not Know about our agency.

[3:13:58] these are clients that did not Know about our agency. We wanted to prevent these

[3:13:59] know about our agency. We wanted to prevent these Neighborhoods from becoming

[3:14:00] we wanted to prevent these Neighborhoods from becoming Investor neighborhoods, and

[3:14:01] neighborhoods from becoming Investor neighborhoods, and These neighborhoods being

[3:14:03] investor neighborhoods, and These neighborhoods being Converted to rental communities,

[3:14:04] these neighborhoods being Converted to rental communities, As opposed to homeownership

[3:14:06] converted to rental communities, As opposed to homeownership Communities.

[3:14:07] as opposed to homeownership Communities. We wanted to avoid vandalism and

[3:14:10] communities. We wanted to avoid vandalism and Also help to keep some equity in

[3:14:12] we wanted to avoid vandalism and Also help to keep some equity in The homes of those homeowners

[3:14:14] also help to keep some equity in The homes of those homeowners Who still own their homes.

[3:14:15] the homes of those homeowners Who still own their homes. And so we during that time, we

[3:14:19] who still own their homes. And so we during that time, we Collaborated with several

[3:14:20] and so we during that time, we Collaborated with several Financiers to to provide lines

[3:14:23] collaborated with several Financiers to to provide lines Of credit with private

[3:14:25] financiers to to provide lines Of credit with private Financing, banking institutions,

[3:14:27] of credit with private Financing, banking institutions, Etc. And we negotiated with

[3:14:28] financing, banking institutions, Etc. And we negotiated with These banking institutions to

[3:14:29] etc. And we negotiated with These banking institutions to Either receive properties as

[3:14:31] these banking institutions to Either receive properties as Donations or buy them pennies on

[3:14:33] either receive properties as Donations or buy them pennies on The dollar we negotiated.

[3:14:35] donations or buy them pennies on The dollar we negotiated. So we were buying properties

[3:14:37] the dollar we negotiated. So we were buying properties $40,000, $60,000, condos at

[3:14:40] so we were buying properties $40,000, $60,000, condos at $12,000, $25,000.

[3:14:42] $40,000, $60,000, condos at $12,000, $25,000. And we renovated those

[3:14:43] $12,000, $25,000. And we renovated those Properties.

[3:14:44] and we renovated those Properties. >> like a.

[3:14:44] properties. >> like a. [laughter]

[3:14:45] >> like a. [laughter] Superhero.

[3:14:45] [laughter] Superhero. >> and we sold those properties

[3:14:48] superhero. >> and we sold those properties We didn‘t have to list, although

[3:14:49] >> and we sold those properties We didn‘t have to list, although We could have listed those

[3:14:50] we didn‘t have to list, although We could have listed those Properties, we knew we were

[3:14:51] we could have listed those Properties, we knew we were Going to sell those properties

[3:14:52] properties, we knew we were Going to sell those properties On the market.

[3:14:53] going to sell those properties On the market. So we kept them off the mls, not

[3:14:54] on the market. So we kept them off the mls, not To misconstrue the cops.

[3:14:56] so we kept them off the mls, not To misconstrue the cops. And we went to our database of

[3:14:58] to misconstrue the cops. And we went to our database of Clients that graduated from our

[3:15:00] and we went to our database of Clients that graduated from our Program, but they couldn‘t

[3:15:01] clients that graduated from our Program, but they couldn‘t Afford during a high economic,

[3:15:06] program, but they couldn‘t Afford during a high economic, High level economic industry or

[3:15:10] afford during a high economic, High level economic industry or And we actually sent out a

[3:15:14] high level economic industry or And we actually sent out a Solicitation of our properties.

[3:15:15] and we actually sent out a Solicitation of our properties. And we got a boatload of clients

[3:15:17] solicitation of our properties. And we got a boatload of clients That graduated.

[3:15:17] and we got a boatload of clients That graduated. They came back, they retook the

[3:15:20] that graduated. They came back, they retook the Class in counseling.

[3:15:21] they came back, they retook the Class in counseling. We offered closing costs of 5 to

[3:15:25] class in counseling. We offered closing costs of 5 to $8000.

[3:15:26] we offered closing costs of 5 to $8000. We paid their owner title

[3:15:27] $8000. We paid their owner title Insurance policy.

[3:15:28] we paid their owner title Insurance policy. We provided them with a home

[3:15:31] insurance policy. We provided them with a home Warranty, and we sold the

[3:15:32] we provided them with a home Warranty, and we sold the Property 5000 below what we

[3:15:35] warranty, and we sold the Property 5000 below what we Could have listed it for so that

[3:15:36] property 5000 below what we Could have listed it for so that They were buying a home with

[3:15:37] could have listed it for so that They were buying a home with Equity.

[3:15:38] they were buying a home with Equity. And, and then we actually did a,

[3:15:41] equity. And, and then we actually did a, An assessment of what the

[3:15:45] and, and then we actually did a, An assessment of what the Retention rate of those clients.

[3:15:46] an assessment of what the Retention rate of those clients. And just to give you an example,

[3:15:49] retention rate of those clients. And just to give you an example, We didn‘t we didn‘t provide

[3:15:50] and just to give you an example, We didn‘t we didn‘t provide This.

[3:15:50] we didn‘t we didn‘t provide This. But for example, in 2011, we

[3:15:55] this. But for example, in 2011, we Sold a property to one of these

[3:15:57] but for example, in 2011, we Sold a property to one of these Buyers at 131,000.

[3:15:59] sold a property to one of these Buyers at 131,000. They still own the home, and the

[3:16:02] buyers at 131,000. They still own the home, and the Home is worth $358,000.

[3:16:04] they still own the home, and the Home is worth $358,000. >> wow.

[3:16:05] home is worth $358,000. >> wow. Fabulous.

[3:16:06] >> wow. Fabulous. >> this is this is the way that

[3:16:08] fabulous. >> this is this is the way that We wanted to create legacy.

[3:16:10] >> this is this is the way that We wanted to create legacy. And we wanted to create the

[3:16:13] we wanted to create legacy. And we wanted to create the Opportunity for this to be an

[3:16:16] and we wanted to create the Opportunity for this to be an Asset that can be transferred,

[3:16:18] opportunity for this to be an Asset that can be transferred, Transferred from generation to

[3:16:19] asset that can be transferred, Transferred from generation to Generation.

[3:16:19] transferred from generation to Generation. We had a client that bought a

[3:16:21] generation. We had a client that bought a Home in 2000, one of our homes

[3:16:23] we had a client that bought a Home in 2000, one of our homes In 2013.

[3:16:24] home in 2000, one of our homes In 2013. These homes were were purchased

[3:16:26] in 2013. These homes were were purchased In austin.

[3:16:27] these homes were were purchased In austin. So we bought homes in austin,

[3:16:30] in austin. So we bought homes in austin, Bastrop del valley, and

[3:16:33] so we bought homes in austin, Bastrop del valley, and Pflugerville, round rock and and

[3:16:37] bastrop del valley, and Pflugerville, round rock and and Buda.

[3:16:37] pflugerville, round rock and and Buda. So we focused on central texas.

[3:16:40] buda. So we focused on central texas. We had a client that purchased a

[3:16:42] so we focused on central texas. We had a client that purchased a Home in 20 13, $95,000.

[3:16:45] we had a client that purchased a Home in 20 13, $95,000. When they sold the property in

[3:16:48] home in 20 13, $95,000. When they sold the property in 2017, they sold it for 289,905.

[3:16:52] when they sold the property in 2017, they sold it for 289,905. So and this is this was just a

[3:16:57] 2017, they sold it for 289,905. So and this is this was just a Sampling out of the sampling of

[3:16:59] so and this is this was just a Sampling out of the sampling of 38 homes.

[3:17:00] sampling out of the sampling of 38 homes. We did a sampling of half and

[3:17:02] 38 homes. We did a sampling of half and More than half of these

[3:17:03] we did a sampling of half and More than half of these Homeowners who bought between

[3:17:05] more than half of these Homeowners who bought between 2011, 2012, 2013.

[3:17:07] homeowners who bought between 2011, 2012, 2013. They still own their homes.

[3:17:09] 2011, 2012, 2013. They still own their homes. So that‘s a that‘s a very strong

[3:17:12] they still own their homes. So that‘s a that‘s a very strong Statistic.

[3:17:13] so that‘s a that‘s a very strong Statistic. And then without going over

[3:17:15] statistic. And then without going over This, this is from hud, which

[3:17:18] and then without going over This, this is from hud, which Conveys if a client goes through

[3:17:19] this, this is from hud, which Conveys if a client goes through Homebuyer education, housing,

[3:17:21] conveys if a client goes through Homebuyer education, housing, Counseling, you know, they end

[3:17:23] homebuyer education, housing, Counseling, you know, they end Up, you know, managing the

[3:17:24] counseling, you know, they end Up, you know, managing the Property, they are better

[3:17:26] up, you know, managing the Property, they are better Savers.

[3:17:26] property, they are better Savers. They understand the dynamics of

[3:17:29] savers. They understand the dynamics of Keeping their home because the

[3:17:31] they understand the dynamics of Keeping their home because the Counseling allowed them to learn

[3:17:32] keeping their home because the Counseling allowed them to learn The discipline.

[3:17:33] counseling allowed them to learn The discipline. With financial management, we

[3:17:34] the discipline. With financial management, we Talk about various investment

[3:17:37] with financial management, we Talk about various investment Products that they should

[3:17:38] talk about various investment Products that they should Consider increasing the value of

[3:17:40] products that they should Consider increasing the value of Their assets, their savings, and

[3:17:43] consider increasing the value of Their assets, their savings, and Other products that they could

[3:17:44] their assets, their savings, and Other products that they could Consider, and creating a savings

[3:17:47] other products that they could Consider, and creating a savings For emergencies.

[3:17:48] consider, and creating a savings For emergencies. So they go out with that

[3:17:50] for emergencies. So they go out with that Understanding.

[3:17:50] so they go out with that Understanding. And that‘s why we have the

[3:17:51] understanding. And that‘s why we have the Outcomes with the buyers that we

[3:17:53] and that‘s why we have the Outcomes with the buyers that we Had from our acquisition of

[3:17:55] outcomes with the buyers that we Had from our acquisition of Rehabilitation program.

[3:17:56] had from our acquisition of Rehabilitation program. So without further ado.

[3:17:58] rehabilitation program. So without further ado. >> you have programs like this

[3:17:59] so without further ado. >> you have programs like this For young people who believe

[3:18:00] >> you have programs like this For young people who believe That they could never own a home

[3:18:02] for young people who believe That they could never own a home Because they don‘t think they

[3:18:03] that they could never own a home Because they don‘t think they Earn enough money.

[3:18:03] because they don‘t think they Earn enough money. >> yeah.

[3:18:04] earn enough money. >> yeah. >> I mean, we contact you and.

[3:18:05] >> yeah. >> I mean, we contact you and. >> we literally, I mean, our

[3:18:07] >> I mean, we contact you and. >> we literally, I mean, our Clients, they couldn‘t believe

[3:18:09] >> we literally, I mean, our Clients, they couldn‘t believe That this opportunity had had

[3:18:11] clients, they couldn‘t believe That this opportunity had had Because unfortunately, a

[3:18:12] that this opportunity had had Because unfortunately, a Recession is damaging to some,

[3:18:14] because unfortunately, a Recession is damaging to some, But it becomes an opportunity

[3:18:16] recession is damaging to some, But it becomes an opportunity For others, right?

[3:18:17] but it becomes an opportunity For others, right? I mean, it just, you know, it

[3:18:18] for others, right? I mean, it just, you know, it Kind of balances the scales.

[3:18:19] I mean, it just, you know, it Kind of balances the scales. So the folks that are sitting on

[3:18:20] kind of balances the scales. So the folks that are sitting on The sideline, they now get to

[3:18:21] so the folks that are sitting on The sideline, they now get to Come to the forefront and

[3:18:23] the sideline, they now get to Come to the forefront and Realize the american dream.

[3:18:24] come to the forefront and Realize the american dream. And we want to make sure that

[3:18:26] realize the american dream. And we want to make sure that They understand that it‘s not

[3:18:27] and we want to make sure that They understand that it‘s not Just attaining, but it‘s

[3:18:30] they understand that it‘s not Just attaining, but it‘s Sustainability, because this is

[3:18:31] just attaining, but it‘s Sustainability, because this is Your wealth, this is your asset

[3:18:33] sustainability, because this is Your wealth, this is your asset And this is your legacy.

[3:18:34] your wealth, this is your asset And this is your legacy. So that‘s our that‘s our theory.

[3:18:36] and this is your legacy. So that‘s our that‘s our theory. >> thanks.

[3:18:36] so that‘s our that‘s our theory. >> thanks. >> so without further ado, I‘ll.

[3:18:38] >> thanks. >> so without further ado, I‘ll. >> turn it back over to.

[3:18:38] >> so without further ado, I‘ll. >> turn it back over to. >> excellent.

[3:18:38] >> turn it back over to. >> excellent. >> and thank you.

[3:18:39] >> excellent. >> and thank you. I‘ll pass the.

[3:18:40] >> and thank you. I‘ll pass the. Thank you.

[3:18:41] I‘ll pass the. Thank you. Pass it on to to brenda.

[3:18:42] thank you. Pass it on to to brenda. Thank you joyce.

[3:18:43] pass it on to to brenda. Thank you joyce. >> thank you.

[3:18:44] thank you joyce. >> thank you. Good afternoon commissioners.

[3:18:46] >> thank you. Good afternoon commissioners. I will give a brief overview on

[3:18:47] good afternoon commissioners. I will give a brief overview on The family self-sufficiency

[3:18:49] I will give a brief overview on The family self-sufficiency Program at hatzi.

[3:18:50] the family self-sufficiency Program at hatzi. It is a voluntary program.

[3:18:53] program at hatzi. It is a voluntary program. It‘s a five year commitment.

[3:18:55] it is a voluntary program. It‘s a five year commitment. And the families have to set

[3:18:58] it‘s a five year commitment. And the families have to set Goals with an itsp.

[3:18:59] and the families have to set Goals with an itsp. And that‘s an individual

[3:19:01] goals with an itsp. And that‘s an individual Training and services plan.

[3:19:02] and that‘s an individual Training and services plan. So some of the support that the

[3:19:06] training and services plan. So some of the support that the Participants receive, it‘s

[3:19:07] so some of the support that the Participants receive, it‘s Related to their goals, which

[3:19:09] participants receive, it‘s Related to their goals, which Could be employment, education

[3:19:11] related to their goals, which Could be employment, education And training, financial

[3:19:13] could be employment, education And training, financial Resources and childcare

[3:19:14] and training, financial Resources and childcare Assistance.

[3:19:15] resources and childcare Assistance. Those are just some of the few.

[3:19:16] assistance. Those are just some of the few. The way the program works, once

[3:19:18] those are just some of the few. The way the program works, once The participant enrolls into the

[3:19:21] the way the program works, once The participant enrolls into the Family self-sufficiency program,

[3:19:23] the participant enrolls into the Family self-sufficiency program, Whatever their income is during

[3:19:25] family self-sufficiency program, Whatever their income is during That time, that‘s going to be

[3:19:26] whatever their income is during That time, that‘s going to be Their baseline.

[3:19:27] that time, that‘s going to be Their baseline. And as their income grows due to

[3:19:30] their baseline. And as their income grows due to Employment, they can potentially

[3:19:32] and as their income grows due to Employment, they can potentially Earn an escrow credit.

[3:19:33] employment, they can potentially Earn an escrow credit. So then the participants can

[3:19:36] earn an escrow credit. So then the participants can Have, you know, a really good

[3:19:37] so then the participants can Have, you know, a really good Amount of savings after their

[3:19:39] have, you know, a really good Amount of savings after their Five year contract.

[3:19:40] amount of savings after their Five year contract. And often they use that savings

[3:19:43] five year contract. And often they use that savings To pursue homeownership.

[3:19:45] and often they use that savings To pursue homeownership. Next slide please.

[3:19:47] to pursue homeownership. Next slide please. The family self-sufficiency

[3:19:50] next slide please. The family self-sufficiency Program at hatzi.

[3:19:50] the family self-sufficiency Program at hatzi. It‘s quite new.

[3:19:51] program at hatzi. It‘s quite new. It launched last year, april 1st

[3:19:53] it‘s quite new. It launched last year, april 1st Of 2025.

[3:19:54] it launched last year, april 1st Of 2025. And right now we have 30

[3:19:57] of 2025. And right now we have 30 Participants that are currently

[3:19:58] and right now we have 30 Participants that are currently Enrolled and they‘re working on

[3:19:59] participants that are currently Enrolled and they‘re working on Goals.

[3:19:59] enrolled and they‘re working on Goals. A lot of them are pursuing

[3:20:03] goals. A lot of them are pursuing Education, college degrees or

[3:20:04] a lot of them are pursuing Education, college degrees or Starting off with, you know,

[3:20:06] education, college degrees or Starting off with, you know, Obtaining their ged, which is

[3:20:07] starting off with, you know, Obtaining their ged, which is Really important.

[3:20:08] obtaining their ged, which is Really important. Others are already repairing

[3:20:11] really important. Others are already repairing Their credit, and they‘re on the

[3:20:12] others are already repairing Their credit, and they‘re on the Path to homeownership.

[3:20:14] their credit, and they‘re on the Path to homeownership. So I very grateful for this

[3:20:16] path to homeownership. So I very grateful for this Opportunity.

[3:20:16] so I very grateful for this Opportunity. The 11 out of the 30

[3:20:20] opportunity. The 11 out of the 30 Participants are currently

[3:20:22] the 11 out of the 30 Participants are currently Earning escrow, meaning that

[3:20:23] participants are currently Earning escrow, meaning that They have increased their earned

[3:20:24] earning escrow, meaning that They have increased their earned Income due to employment.

[3:20:26] they have increased their earned Income due to employment. And that has been an annual

[3:20:28] income due to employment. And that has been an annual Income increase of about over

[3:20:31] and that has been an annual Income increase of about over $14,000.

[3:20:31] income increase of about over $14,000. And they‘re building financial

[3:20:35] $14,000. And they‘re building financial Stability right now while

[3:20:36] and they‘re building financial Stability right now while They‘re in the program.

[3:20:37] stability right now while They‘re in the program. And they‘ll continue to accrue

[3:20:38] they‘re in the program. And they‘ll continue to accrue Escrow if they continue to raise

[3:20:43] and they‘ll continue to accrue Escrow if they continue to raise Their earned income.

[3:20:44] escrow if they continue to raise Their earned income. Now, I was looking through our

[3:20:47] their earned income. Now, I was looking through our Data, and I‘m happy to report

[3:20:48] now, I was looking through our Data, and I‘m happy to report That 19 of the 30 participants

[3:20:50] data, and I‘m happy to report That 19 of the 30 participants That are currently enrolled are

[3:20:53] that 19 of the 30 participants That are currently enrolled are Interested in pursuing

[3:20:55] that are currently enrolled are Interested in pursuing Homeownership, and that is one

[3:20:55] interested in pursuing Homeownership, and that is one Of their main goals.

[3:20:56] homeownership, and that is one Of their main goals. And also the employment goal.

[3:20:59] of their main goals. And also the employment goal. So they are actively working on

[3:21:02] and also the employment goal. So they are actively working on This homeownership goal by

[3:21:04] so they are actively working on This homeownership goal by Preparing by preparing their

[3:21:05] this homeownership goal by Preparing by preparing their Credit and by building savings

[3:21:08] preparing by preparing their Credit and by building savings And the savings.

[3:21:09] credit and by building savings And the savings. It‘s escrow savings, and it‘s

[3:21:11] and the savings. It‘s escrow savings, and it‘s Their own personal savings.

[3:21:13] it‘s escrow savings, and it‘s Their own personal savings. So then this makes me so happy

[3:21:16] their own personal savings. So then this makes me so happy Because I believe that this

[3:21:18] so then this makes me so happy Because I believe that this Program, it‘s we‘re bridging to

[3:21:20] because I believe that this Program, it‘s we‘re bridging to Homeownership with the down

[3:21:21] program, it‘s we‘re bridging to Homeownership with the down Payment assistance, the escrow

[3:21:22] homeownership with the down Payment assistance, the escrow Savings and the personal

[3:21:24] payment assistance, the escrow Savings and the personal Savings.

[3:21:24] savings and the personal Savings. It reduces the upfront cost

[3:21:27] savings. It reduces the upfront cost Barriers and accelerates the

[3:21:30] it reduces the upfront cost Barriers and accelerates the Path to homeownership.

[3:21:31] barriers and accelerates the Path to homeownership. Thank you so much for your time,

[3:21:34] path to homeownership. Thank you so much for your time, Commissioners.

[3:21:34] thank you so much for your time, Commissioners. >> and this is a 30 participants

[3:21:36] commissioners. >> and this is a 30 participants Who are residents of hatzi

[3:21:37] >> and this is a 30 participants Who are residents of hatzi Housing now.

[3:21:38] who are residents of hatzi Housing now. >> yes, ma‘am.

[3:21:39] housing now. >> yes, ma‘am. >> so 19 of them, 19 of the 30

[3:21:42] >> yes, ma‘am. >> so 19 of them, 19 of the 30 Qualified or expressed an

[3:21:43] >> so 19 of them, 19 of the 30 Qualified or expressed an Interest.

[3:21:43] qualified or expressed an Interest. >> 19 of them have homeownership

[3:21:46] interest. >> 19 of them have homeownership As their goal on their contract

[3:21:48] >> 19 of them have homeownership As their goal on their contract At the moment.

[3:21:48] as their goal on their contract At the moment. And they‘re actively working on

[3:21:51] at the moment. And they‘re actively working on Repairing their credit or

[3:21:52] and they‘re actively working on Repairing their credit or Increasing their earned income,

[3:21:53] repairing their credit or Increasing their earned income, Just getting connected to

[3:21:55] increasing their earned income, Just getting connected to Resources to improve their

[3:21:58] just getting connected to Resources to improve their Situation.

[3:21:58] resources to improve their Situation. >> when you say on their

[3:21:59] situation. >> when you say on their Contract, that‘s their housing

[3:22:00] >> when you say on their Contract, that‘s their housing Contract.

[3:22:00] contract, that‘s their housing Contract. >> it‘s a contract with the

[3:22:02] contract. >> it‘s a contract with the Family self-sufficiency program.

[3:22:04] >> it‘s a contract with the Family self-sufficiency program. >> so they‘re in that program to

[3:22:05] family self-sufficiency program. >> so they‘re in that program to Just improve their financial

[3:22:07] >> so they‘re in that program to Just improve their financial Literacy.

[3:22:07] just improve their financial Literacy. And about more than half have

[3:22:10] literacy. And about more than half have Identified homeownership.

[3:22:10] and about more than half have Identified homeownership. Yes.

[3:22:11] identified homeownership. Yes. That‘s great.

[3:22:11] yes. That‘s great. >> well, that‘s.

[3:22:12] that‘s great. >> well, that‘s. >> it‘s very positive feedback

[3:22:15] >> well, that‘s. >> it‘s very positive feedback From you.

[3:22:15] >> it‘s very positive feedback From you. All this really kind of makes

[3:22:18] from you. All this really kind of makes You change your, your mind about

[3:22:21] all this really kind of makes You change your, your mind about All the bad stories that are

[3:22:23] you change your, your mind about All the bad stories that are Going on.

[3:22:23] all the bad stories that are Going on. And this is very, very, very

[3:22:26] going on. And this is very, very, very Good.

[3:22:26] and this is very, very, very Good. Thank you all so much.

[3:22:27] good. Thank you all so much. >> thank you.

[3:22:28] thank you all so much. >> thank you. So my question is, do you have

[3:22:30] >> thank you. So my question is, do you have To live in hatzi in order to

[3:22:34] so my question is, do you have To live in hatzi in order to Participate in this program?

[3:22:35] to live in hatzi in order to Participate in this program? >> yes, sir.

[3:22:36] participate in this program? >> yes, sir. You do need to be a hatzi

[3:22:38] >> yes, sir. You do need to be a hatzi Resident under the housing

[3:22:39] you do need to be a hatzi Resident under the housing Choice voucher program or the

[3:22:42] resident under the housing Choice voucher program or the Pbra.

[3:22:42] choice voucher program or the Pbra. Those are the folks that live at

[3:22:44] pbra. Those are the folks that live at The hatzi properties.

[3:22:45] those are the folks that live at The hatzi properties. >> so are there any comparable

[3:22:49] the hatzi properties. >> so are there any comparable Programs for folks who are not

[3:22:53] >> so are there any comparable Programs for folks who are not Residents?

[3:22:53] programs for folks who are not Residents? And, and hatzi?

[3:22:54] residents? And, and hatzi? I see a lot of kids coming out

[3:22:56] and, and hatzi? I see a lot of kids coming out Of coming out of college and,

[3:22:59] I see a lot of kids coming out Of coming out of college and, You know, and have not been

[3:23:03] of coming out of college and, You know, and have not been Trained, have not been taught.

[3:23:04] you know, and have not been Trained, have not been taught. But you know what the ratios

[3:23:06] trained, have not been taught. But you know what the ratios Look like, what you need to do,

[3:23:07] but you know what the ratios Look like, what you need to do, How you prere.

[3:23:09] look like, what you need to do, How you prere. I mean, I would be interested in

[3:23:11] how you prere. I mean, I would be interested in Seeing some of our school to

[3:23:12] I mean, I would be interested in Seeing some of our school to Work folks who, you know, I, if

[3:23:17] seeing some of our school to Work folks who, you know, I, if I qualify to get an entry level

[3:23:19] work folks who, you know, I, if I qualify to get an entry level Job at samsung or tesla or what

[3:23:22] I qualify to get an entry level Job at samsung or tesla or what Is available to me, if that

[3:23:25] job at samsung or tesla or what Is available to me, if that Happens.

[3:23:25] is available to me, if that Happens. So I‘m just interested in.

[3:23:29] happens. So I‘m just interested in. >> we do have that commissioner.

[3:23:30] so I‘m just interested in. >> we do have that commissioner. I can actually talk about that

[3:23:32] >> we do have that commissioner. I can actually talk about that After I get to this slide, if

[3:23:33] I can actually talk about that After I get to this slide, if That‘s okay.

[3:23:34] after I get to this slide, if That‘s okay. Okay.

[3:23:34] that‘s okay. Okay. Sure.

[3:23:34] okay. Sure. Okay.

[3:23:34] sure. Okay. So I‘m not going to talk about

[3:23:36] okay. So I‘m not going to talk about The program because I know we

[3:23:38] so I‘m not going to talk about The program because I know we Are we are really pressed for

[3:23:39] the program because I know we Are we are really pressed for Time.

[3:23:39] are we are really pressed for Time. Just know that we have about

[3:23:43] time. Just know that we have about $147,000 right now that we have

[3:23:46] just know that we have about $147,000 right now that we have Available to provide to chodos.

[3:23:48] $147,000 right now that we have Available to provide to chodos. We‘re going to stand this

[3:23:50] available to provide to chodos. We‘re going to stand this Component of the home program up

[3:23:52] we‘re going to stand this Component of the home program up After we stand up the dpa.

[3:23:54] component of the home program up After we stand up the dpa. So it‘s coming in the fall.

[3:23:55] after we stand up the dpa. So it‘s coming in the fall. Next slide.

[3:23:56] so it‘s coming in the fall. Next slide. So to your point, commissioner

[3:24:01] next slide. So to your point, commissioner Travillion, we provided on slide

[3:24:04] so to your point, commissioner Travillion, we provided on slide 31 for you all some scenarios.

[3:24:07] travillion, we provided on slide 31 for you all some scenarios. Brenda‘s program is specific to

[3:24:12] 31 for you all some scenarios. Brenda‘s program is specific to Clients that are in the fss

[3:24:13] brenda‘s program is specific to Clients that are in the fss Program that are seeking

[3:24:15] clients that are in the fss Program that are seeking Homeownership.

[3:24:15] program that are seeking Homeownership. But the first column that says

[3:24:17] homeownership. But the first column that says Client origination is for anyone

[3:24:20] but the first column that says Client origination is for anyone Seeking homeowrship.

[3:24:21] client origination is for anyone Seeking homeowrship. So I‘m not going to read all of

[3:24:23] seeking homeowrship. So I‘m not going to read all of This, but the goal of these

[3:24:25] so I‘m not going to read all of This, but the goal of these Scenarios is so anyone can

[3:24:27] this, but the goal of these Scenarios is so anyone can Understand when we launch the

[3:24:29] scenarios is so anyone can Understand when we launch the Program, how the program is

[3:24:31] understand when we launch the Program, how the program is Intended to operate.

[3:24:32] program, how the program is Intended to operate. If you are a client and you call

[3:24:34] intended to operate. If you are a client and you call Anybody at this table or you go

[3:24:36] if you are a client and you call Anybody at this table or you go To your lender, whomever, the

[3:24:38] anybody at this table or you go To your lender, whomever, the Goal is that you first submit

[3:24:40] to your lender, whomever, the Goal is that you first submit The down payment assistance

[3:24:42] goal is that you first submit The down payment assistance Interest form.

[3:24:43] the down payment assistance Interest form. We‘re going to give you the

[3:24:44] interest form. We‘re going to give you the Flier, and then you have to go

[3:24:46] we‘re going to give you the Flier, and then you have to go To framework cdc to meet the

[3:24:48] flier, and then you have to go To framework cdc to meet the Prerequisites, homebuyer

[3:24:50] to framework cdc to meet the Prerequisites, homebuyer Education, housing, counseling,

[3:24:51] prerequisites, homebuyer Education, housing, counseling, And mortgage readiness.

[3:24:52] education, housing, counseling, And mortgage readiness. You talked about the

[3:24:54] and mortgage readiness. You talked about the Understanding, the ratios and

[3:24:54] you talked about the Understanding, the ratios and All the requirements.

[3:24:56] understanding, the ratios and All the requirements. That‘s the value of what

[3:24:58] all the requirements. That‘s the value of what Framework cdc does.

[3:24:59] that‘s the value of what Framework cdc does. So that‘s available to anyone

[3:25:01] framework cdc does. So that‘s available to anyone Regardless of.

[3:25:02] so that‘s available to anyone Regardless of. And even if they‘re in, even if

[3:25:04] regardless of. And even if they‘re in, even if They‘re not trying to seek our

[3:25:05] and even if they‘re in, even if They‘re not trying to seek our Down payment assistance funds,

[3:25:07] they‘re not trying to seek our Down payment assistance funds, The housing counseling component

[3:25:09] down payment assistance funds, The housing counseling component Is the answer to your question.

[3:25:10] the housing counseling component Is the answer to your question. Commissioner travillion our

[3:25:12] is the answer to your question. Commissioner travillion our Funds are only available to

[3:25:13] commissioner travillion our Funds are only available to Those that fall between that 50

[3:25:16] funds are only available to Those that fall between that 50 To 80% ami.

[3:25:16] those that fall between that 50 To 80% ami. Okay, so the second column is

[3:25:19] to 80% ami. Okay, so the second column is Hatzi origination, meaning if

[3:25:20] okay, so the second column is Hatzi origination, meaning if They‘re in brenda‘s program,

[3:25:22] hatzi origination, meaning if They‘re in brenda‘s program, That‘s what they‘re going to

[3:25:23] they‘re in brenda‘s program, That‘s what they‘re going to Experience.

[3:25:23] that‘s what they‘re going to Experience. If they start or originate in

[3:25:26] experience. If they start or originate in Joyce‘s pipeline, she already

[3:25:28] if they start or originate in Joyce‘s pipeline, she already Has a lot of clients that are

[3:25:29] joyce‘s pipeline, she already Has a lot of clients that are Seeking homeownership and most

[3:25:31] has a lot of clients that are Seeking homeownership and most Oftentimes down payment

[3:25:32] seeking homeownership and most Oftentimes down payment Assistance is the barrier to

[3:25:34] oftentimes down payment Assistance is the barrier to Homeownership.

[3:25:34] assistance is the barrier to Homeownership. So that scenario outlines what

[3:25:37] homeownership. So that scenario outlines what Joyce would have to do to get

[3:25:38] so that scenario outlines what Joyce would have to do to get Her clients that are already in

[3:25:40] joyce would have to do to get Her clients that are already in The pipeline prepared for our

[3:25:41] her clients that are already in The pipeline prepared for our Dpa funds.

[3:25:42] the pipeline prepared for our Dpa funds. And then lastly, we know that

[3:25:43] dpa funds. And then lastly, we know that We‘re going to have folks that

[3:25:44] and then lastly, we know that We‘re going to have folks that Are going to bypass all of us

[3:25:45] we‘re going to have folks that Are going to bypass all of us And go straight to their lender.

[3:25:47] are going to bypass all of us And go straight to their lender. We‘re hoping that the folks that

[3:25:48] and go straight to their lender. We‘re hoping that the folks that Are in our lender partner

[3:25:49] we‘re hoping that the folks that Are in our lender partner Program will say, hey, looking

[3:25:50] are in our lender partner Program will say, hey, looking At your income, I think, you

[3:25:52] program will say, hey, looking At your income, I think, you Know, you really can‘t afford

[3:25:53] at your income, I think, you Know, you really can‘t afford This house, but you look like

[3:25:54] know, you really can‘t afford This house, but you look like You‘re eligible for the county‘s

[3:25:56] this house, but you look like You‘re eligible for the county‘s Program.

[3:25:56] you‘re eligible for the county‘s Program. Here‘s what you have to do.

[3:25:57] program. Here‘s what you have to do. That‘s the last scenario.

[3:25:58] here‘s what you have to do. That‘s the last scenario. So that‘s the way that we laid

[3:26:00] that‘s the last scenario. So that‘s the way that we laid It out, to try to make sure that

[3:26:01] so that‘s the way that we laid It out, to try to make sure that We could effectively communicate

[3:26:03] it out, to try to make sure that We could effectively communicate What somebody would experience

[3:26:04] we could effectively communicate What somebody would experience In a variety of scenarios.

[3:26:05] what somebody would experience In a variety of scenarios. Next slide.

[3:26:06] in a variety of scenarios. Next slide. So we‘re expecting that we‘re

[3:26:07] next slide. So we‘re expecting that we‘re Going to have two types of

[3:26:08] so we‘re expecting that we‘re Going to have two types of Clients a long term client and a

[3:26:11] going to have two types of Clients a long term client and a Short term client.

[3:26:12] clients a long term client and a Short term client. Long term folks are the folks

[3:26:14] short term client. Long term folks are the folks That are going to be we‘re going

[3:26:14] long term folks are the folks That are going to be we‘re going To be in the trenches with them.

[3:26:15] that are going to be we‘re going To be in the trenches with them. When I say we framework, cdc

[3:26:17] to be in the trenches with them. When I say we framework, cdc Will be in the trenches with

[3:26:18] when I say we framework, cdc Will be in the trenches with Them, helping them build their

[3:26:19] will be in the trenches with Them, helping them build their Credit, helping them save their

[3:26:20] them, helping them build their Credit, helping them save their Money, helping them understand

[3:26:22] credit, helping them save their Money, helping them understand The principles of homeownership.

[3:26:23] money, helping them understand The principles of homeownership. Those folks are going to take a

[3:26:24] the principles of homeownership. Those folks are going to take a Little bit of time.

[3:26:25] those folks are going to take a Little bit of time. The short term clients are

[3:26:27] little bit of time. The short term clients are People that we think are already

[3:26:30] the short term clients are People that we think are already Mortgage ready.

[3:26:30] people that we think are already Mortgage ready. They could be in joyce‘s

[3:26:31] mortgage ready. They could be in joyce‘s Pipeline already, or they could

[3:26:33] they could be in joyce‘s Pipeline already, or they could Already be talking to their

[3:26:35] pipeline already, or they could Already be talking to their Lender, but they have to wait

[3:26:36] already be talking to their Lender, but they have to wait Because they can‘t afford it,

[3:26:37] lender, but they have to wait Because they can‘t afford it, Because they don‘t have the down

[3:26:38] because they can‘t afford it, Because they don‘t have the down Payment.

[3:26:38] because they don‘t have the down Payment. So if they are a short term

[3:26:40] payment. So if they are a short term Client, before you gain access

[3:26:42] so if they are a short term Client, before you gain access To the county‘s funds, you still

[3:26:44] client, before you gain access To the county‘s funds, you still Have to do homebuyer education,

[3:26:46] to the county‘s funds, you still Have to do homebuyer education, Housing, counseling, and meet

[3:26:46] have to do homebuyer education, Housing, counseling, and meet Our mortgage readiness

[3:26:48] housing, counseling, and meet Our mortgage readiness Checklist.

[3:26:48] our mortgage readiness Checklist. When those things happen, then

[3:26:50] checklist. When those things happen, then You can apply.

[3:26:51] when those things happen, then You can apply. Your lender can apply for the

[3:26:53] you can apply. Your lender can apply for the The program.

[3:26:54] your lender can apply for the The program. Next slide.

[3:26:54] the program. Next slide. So this gets us to the.

[3:26:56] next slide. So this gets us to the. We are literally at the end.

[3:26:57] so this gets us to the. We are literally at the end. Sohat will transition us to

[3:27:00] we are literally at the end. Sohat will transition us to The foundational documents.

[3:27:02] sohat will transition us to The foundational documents. The homeowner agreement is a

[3:27:04] the foundational documents. The homeowner agreement is a Requirement by the program, and

[3:27:06] the homeowner agreement is a Requirement by the program, and We are nearing completion.

[3:27:07] requirement by the program, and We are nearing completion. With that, we‘ve been working

[3:27:08] we are nearing completion. With that, we‘ve been working Tirelessly with our colleagues

[3:27:10] with that, we‘ve been working Tirelessly with our colleagues In the county attorney‘s office.

[3:27:11] tirelessly with our colleagues In the county attorney‘s office. Special thank you to chris

[3:27:12] in the county attorney‘s office. Special thank you to chris Gilmore, who‘s been working with

[3:27:13] special thank you to chris Gilmore, who‘s been working with Us on this.

[3:27:14] gilmore, who‘s been working with Us on this. And the deed of trust.

[3:27:16] us on this. And the deed of trust. Forgivable note, promissory

[3:27:18] and the deed of trust. Forgivable note, promissory Note, escrow instructions for

[3:27:19] forgivable note, promissory Note, escrow instructions for The title companies.

[3:27:20] note, escrow instructions for The title companies. We have all of that stuff

[3:27:22] the title companies. We have all of that stuff Nearing completion.

[3:27:23] we have all of that stuff Nearing completion. All those foundational documents

[3:27:24] nearing completion. All those foundational documents Are in completion.

[3:27:25] all those foundational documents Are in completion. So when an application comes in,

[3:27:28] are in completion. So when an application comes in, That‘s going to trigger us

[3:27:30] so when an application comes in, That‘s going to trigger us Contacting the county attorney‘s

[3:27:31] that‘s going to trigger us Contacting the county attorney‘s Office, because the county

[3:27:32] contacting the county attorney‘s Office, because the county Attorney‘s office will

[3:27:34] office, because the county Attorney‘s office will Facilitate all of the execution

[3:27:35] attorney‘s office will Facilitate all of the execution Of all the legal documents.

[3:27:37] facilitate all of the execution Of all the legal documents. And the auditor‘s office

[3:27:38] of all the legal documents. And the auditor‘s office Obviously will facilitate the

[3:27:40] and the auditor‘s office Obviously will facilitate the Transaction between travis

[3:27:41] obviously will facilitate the Transaction between travis County and the title comnies

[3:27:43] transaction between travis County and the title comnies For the escrow.

[3:27:43] county and the title comnies For the escrow. Next slide.

[3:27:44] for the escrow. Next slide. >> when you say when an

[3:27:46] next slide. >> when you say when an Application comes in, is this

[3:27:47] >> when you say when an Application comes in, is this Through frameworks or through

[3:27:48] application comes in, is this Through frameworks or through Travis county.

[3:27:49] through frameworks or through Travis county. >> or it‘s going to be our

[3:27:51] travis county. >> or it‘s going to be our Application.

[3:27:51] >> or it‘s going to be our Application. So the lenders are the ones that

[3:27:53] application. So the lenders are the ones that Are going to submit the

[3:27:54] so the lenders are the ones that Are going to submit the Application.

[3:27:55] are going to submit the Application. So in any scenario, if we‘ll go

[3:27:57] application. So in any scenario, if we‘ll go Back a few slides to the the

[3:27:59] so in any scenario, if we‘ll go Back a few slides to the the Client scenario, in any

[3:28:00] back a few slides to the the Client scenario, in any Scenario, once somebody meets

[3:28:03] client scenario, in any Scenario, once somebody meets The mortgage readiness checklist

[3:28:05] scenario, once somebody meets The mortgage readiness checklist And they go to their lender

[3:28:06] the mortgage readiness checklist And they go to their lender Saying, I would like to apply

[3:28:07] and they go to their lender Saying, I would like to apply For a mortgage loan to buy this

[3:28:09] saying, I would like to apply For a mortgage loan to buy this House, that this is my dream

[3:28:10] for a mortgage loan to buy this House, that this is my dream Home.

[3:28:11] house, that this is my dream Home. At the very bottom of that,

[3:28:12] home. At the very bottom of that, You‘ll see that there in blue,

[3:28:14] at the very bottom of that, You‘ll see that there in blue, It says the lender will submit

[3:28:16] you‘ll see that there in blue, It says the lender will submit The county dpa application

[3:28:19] it says the lender will submit The county dpa application Application with the buyer

[3:28:20] the county dpa application Application with the buyer Consent.

[3:28:20] application with the buyer Consent. We want the lenders to submit

[3:28:22] consent. We want the lenders to submit That application, so the lenders

[3:28:23] we want the lenders to submit That application, so the lenders Will submit the application.

[3:28:25] that application, so the lenders Will submit the application. It‘ll have to be signed.

[3:28:26] will submit the application. It‘ll have to be signed. We‘re still setting up, and I‘m

[3:28:27] it‘ll have to be signed. We‘re still setting up, and I‘m Going to show you a screenshot

[3:28:29] we‘re still setting up, and I‘m Going to show you a screenshot In just a moment.

[3:28:30] going to show you a screenshot In just a moment. But we are still setting up the

[3:28:32] in just a moment. But we are still setting up the Application, but the lender is

[3:28:32] but we are still setting up the Application, but the lender is Going to submit the application.

[3:28:34] application, but the lender is Going to submit the application. And that‘s what triggers the

[3:28:35] going to submit the application. And that‘s what triggers the Discussion with the county

[3:28:36] and that‘s what triggers the Discussion with the county Attorney‘s office, because we‘re

[3:28:37] discussion with the county Attorney‘s office, because we‘re Going to have to meet with them

[3:28:39] attorney‘s office, because we‘re Going to have to meet with them And the buyer to do the

[3:28:40] going to have to meet with them And the buyer to do the Homeowner agreement and all the

[3:28:41] and the buyer to do the Homeowner agreement and all the Legal documents.

[3:28:42] homeowner agreement and all the Legal documents. >> I‘m trying to understand the

[3:28:43] legal documents. >> I‘m trying to understand the Process of the steps, because it

[3:28:45] >> I‘m trying to understand the Process of the steps, because it Sounded like people would have

[3:28:47] process of the steps, because it Sounded like people would have To have gone through a homeowner

[3:28:49] sounded like people would have To have gone through a homeowner Education, like through

[3:28:49] to have gone through a homeowner Education, like through Frameworks or some similar

[3:28:51] education, like through Frameworks or some similar Organization.

[3:28:52] frameworks or some similar Organization. That‘s correct.

[3:28:52] organization. That‘s correct. In order to even qualify for any

[3:28:55] that‘s correct. In order to even qualify for any Of this.

[3:28:55] in order to even qualify for any Of this. But I don‘t see that at the

[3:28:57] of this. But I don‘t see that at the Beginning.

[3:28:57] but I don‘t see that at the Beginning. And when I looked at frameworks

[3:28:59] beginning. And when I looked at frameworks Online, the fee to register for

[3:29:01] and when I looked at frameworks Online, the fee to register for Their online homebuyer education

[3:29:03] online, the fee to register for Their online homebuyer education Class is $100.

[3:29:04] their online homebuyer education Class is $100. So is that essentially the first

[3:29:07] class is $100. So is that essentially the first Step?

[3:29:08] so is that essentially the first Step? Someone would need to register

[3:29:09] step? Someone would need to register And do that before they could

[3:29:10] someone would need to register And do that before they could Begin the application process?

[3:29:12] and do that before they could Begin the application process? >> great question.

[3:29:13] begin the application process? >> great question. So we have a our subrecipient

[3:29:17] >> great question. So we have a our subrecipient Agreement is going to be funded

[3:29:18] so we have a our subrecipient Agreement is going to be funded To fund up to ten clients

[3:29:21] agreement is going to be funded To fund up to ten clients Through general fund, because

[3:29:23] to fund up to ten clients Through general fund, because Home only allows us to pay for

[3:29:25] through general fund, because Home only allows us to pay for Housing counseling services.

[3:29:27] home only allows us to pay for Housing counseling services. Once a client closes.

[3:29:28] housing counseling services. Once a client closes. So as a part of my pb for

[3:29:32] once a client closes. So as a part of my pb for Actually I didn‘t do a pb 4pb5

[3:29:33] so as a part of my pb for Actually I didn‘t do a pb 4pb5 For this, but as a part of

[3:29:36] actually I didn‘t do a pb 4pb5 For this, but as a part of Utilizing some existing funds,

[3:29:38] for this, but as a part of Utilizing some existing funds, General funds, I‘m setting aside

[3:29:39] utilizing some existing funds, General funds, I‘m setting aside Some funds for the housing

[3:29:41] general funds, I‘m setting aside Some funds for the housing Counseling component.

[3:29:42] some funds for the housing Counseling component. That is correct.

[3:29:43] counseling component. That is correct. >> but I thought they couldn‘t

[3:29:44] that is correct. >> but I thought they couldn‘t Qualify and they couldn‘t close

[3:29:45] >> but I thought they couldn‘t Qualify and they couldn‘t close Until they‘d had that class.

[3:29:46] qualify and they couldn‘t close Until they‘d had that class. >> so so so the difference is,

[3:29:48] until they‘d had that class. >> so so so the difference is, Is that they still have to go

[3:29:50] >> so so so the difference is, Is that they still have to go Through the training.

[3:29:51] is that they still have to go Through the training. Joyce offers, the offers, the

[3:29:53] through the training. Joyce offers, the offers, the Training, and I believe that.

[3:29:54] joyce offers, the offers, the Training, and I believe that. I don‘t know if they provide you

[3:29:55] training, and I believe that. I don‘t know if they provide you Provide all of your clients have

[3:29:57] I don‘t know if they provide you Provide all of your clients have To pay the fee or is there like

[3:29:59] provide all of your clients have To pay the fee or is there like An income eligibility threshold?

[3:30:00] to pay the fee or is there like An income eligibility threshold? >> to pay the fee?

[3:30:01] an income eligibility threshold? >> to pay the fee? >> okay.

[3:30:01] >> to pay the fee? >> okay. So so all clients still have to

[3:30:03] >> okay. So so all clients still have to Go through framework cdc.

[3:30:04] so so all clients still have to Go through framework cdc. We are going to pay for clients

[3:30:06] go through framework cdc. We are going to pay for clients That are interested in our down

[3:30:07] we are going to pay for clients That are interested in our down Payment assistance program.

[3:30:09] that are interested in our down Payment assistance program. We are going to provide a a fee

[3:30:12] payment assistance program. We are going to provide a a fee To framework cdc.

[3:30:13] we are going to provide a a fee To framework cdc. Once a client is eligible, once

[3:30:16] to framework cdc. Once a client is eligible, once A client actually meets the

[3:30:17] once a client is eligible, once A client actually meets the Mortgage readiness thresholds.

[3:30:19] a client actually meets the Mortgage readiness thresholds. >> and I thought part of meeting

[3:30:20] mortgage readiness thresholds. >> and I thought part of meeting The mortgage readiness was to

[3:30:21] >> and I thought part of meeting The mortgage readiness was to Have done this class.

[3:30:23] the mortgage readiness was to Have done this class. >> it is.

[3:30:24] have done this class. >> it is. >> so how can they meet the

[3:30:25] >> it is. >> so how can they meet the Mortgage readiness and then get

[3:30:26] >> so how can they meet the Mortgage readiness and then get The assistance to take the

[3:30:28] mortgage readiness and then get The assistance to take the Class?

[3:30:28] the assistance to take the Class? So that‘s what I understood you

[3:30:30] class? So that‘s what I understood you To just describe.

[3:30:31] so that‘s what I understood you To just describe. >> maybe you‘re.

[3:30:32] to just describe. >> maybe you‘re. >> right.

[3:30:32] >> maybe you‘re. >> right. You‘re right.

[3:30:33] >> right. You‘re right. So you‘re asking us if we‘re

[3:30:34] you‘re right. So you‘re asking us if we‘re Going to pay for the class in

[3:30:35] so you‘re asking us if we‘re Going to pay for the class in Advance.

[3:30:36] going to pay for the class in Advance. We‘re not.

[3:30:37] advance. We‘re not. And that may be something that

[3:30:39] we‘re not. And that may be something that Joyce and I will have to work

[3:30:40] and that may be something that Joyce and I will have to work Out, but they have to take the

[3:30:42] joyce and I will have to work Out, but they have to take the Homebuyer education and the

[3:30:43] out, but they have to take the Homebuyer education and the Housing counseling and meet

[3:30:45] homebuyer education and the Housing counseling and meet Mortgage readiness before they

[3:30:46] housing counseling and meet Mortgage readiness before they Can actually submit the

[3:30:48] mortgage readiness before they Can actually submit the Application.

[3:30:48] can actually submit the Application. But but you are.

[3:30:49] application. But but you are. >> but it sounds so it sounds

[3:30:50] but but you are. >> but it sounds so it sounds Like on the flowchart that it

[3:30:51] >> but it sounds so it sounds Like on the flowchart that it Should be made clear to the

[3:30:52] like on the flowchart that it Should be made clear to the Public that they have to take

[3:30:53] should be made clear to the Public that they have to take The mortgage readiness class

[3:30:56] public that they have to take The mortgage readiness class First.

[3:30:56] the mortgage readiness class First. >> but.

[3:30:56] first. >> but. >> they have to take the

[3:30:57] >> but. >> they have to take the Homebuyer education.

[3:30:58] >> they have to take the Homebuyer education. >> class homebuyer ready?

[3:30:59] homebuyer education. >> class homebuyer ready? Yes, ma‘am.

[3:30:59] >> class homebuyer ready? Yes, ma‘am. >> for the c, d, f I could

[3:31:01] yes, ma‘am. >> for the c, d, f I could Sponsor that and pay and pay for

[3:31:03] >> for the c, d, f I could Sponsor that and pay and pay for That fee for them.

[3:31:03] sponsor that and pay and pay for That fee for them. Could they not a c.

[3:31:06] that fee for them. Could they not a c. >> maybe a reimbursement if they

[3:31:08] could they not a c. >> maybe a reimbursement if they Complete the class.

[3:31:09] >> maybe a reimbursement if they Complete the class. >> yeah.

[3:31:09] complete the class. >> yeah. I mean they‘re, they‘re.

[3:31:10] >> yeah. I mean they‘re, they‘re. >> they‘ve got.

[3:31:11] I mean they‘re, they‘re. >> they‘ve got. >> some stake.

[3:31:11] >> they‘ve got. >> some stake. >> in.

[3:31:11] >> some stake. >> in. >> it that that may be a little

[3:31:13] >> in. >> it that that may be a little Nuance that we need to work out.

[3:31:14] >> it that that may be a little Nuance that we need to work out. I think it‘s a, I think that‘s a

[3:31:16] nuance that we need to work out. I think it‘s a, I think that‘s a Valid that‘s a valid question

[3:31:17] I think it‘s a, I think that‘s a Valid that‘s a valid question That you asked.

[3:31:18] valid that‘s a valid question That you asked. Commissioner shea.

[3:31:19] that you asked. Commissioner shea. So, you know, we we are not

[3:31:22] commissioner shea. So, you know, we we are not Intending for our clients to

[3:31:23] so, you know, we we are not Intending for our clients to Have to pay for the fee.

[3:31:24] intending for our clients to Have to pay for the fee. So that‘ll be something that

[3:31:26] have to pay for the fee. So that‘ll be something that Will work out before we execute

[3:31:27] so that‘ll be something that Will work out before we execute Our contract with framework cdc.

[3:31:29] will work out before we execute Our contract with framework cdc. >> so, you know, as always, I‘m

[3:31:31] our contract with framework cdc. >> so, you know, as always, I‘m Looking for an asset map.

[3:31:33] >> so, you know, as always, I‘m Looking for an asset map. Okay.

[3:31:33] looking for an asset map. Okay. Identifying the entities that

[3:31:36] okay. Identifying the entities that That do participate at each

[3:31:38] identifying the entities that That do participate at each Level and then thinking about

[3:31:41] that do participate at each Level and then thinking about Places that would be most

[3:31:42] level and then thinking about Places that would be most Effective to find people to

[3:31:45] places that would be most Effective to find people to Train once again to community

[3:31:48] effective to find people to Train once again to community Institutions.

[3:31:48] train once again to community Institutions. When we‘re talking about

[3:31:50] institutions. When we‘re talking about Churches and we‘re talking about

[3:31:53] when we‘re talking about Churches and we‘re talking about Fraternities and sororities,

[3:31:54] churches and we‘re talking about Fraternities and sororities, We‘re talking about places where

[3:31:58] fraternities and sororities, We‘re talking about places where You have a captive audience, but

[3:32:00] we‘re talking about places where You have a captive audience, but They‘re not aware of what‘s

[3:32:03] you have a captive audience, but They‘re not aware of what‘s Available.

[3:32:03] they‘re not aware of what‘s Available. >> absolutely.

[3:32:03] available. >> absolutely. >> I mean, you know, I would say

[3:32:06] >> absolutely. >> I mean, you know, I would say 98% of austin doesn‘t kno about

[3:32:08] >> I mean, you know, I would say 98% of austin doesn‘t kno about This.

[3:32:08] 98% of austin doesn‘t kno about This. >> yeah.

[3:32:08] this. >> yeah. >> I‘m excited about the

[3:32:10] >> yeah. >> I‘m excited about the Creation of this program, but

[3:32:11] >> I‘m excited about the Creation of this program, but I‘d want it to be successful and

[3:32:13] creation of this program, but I‘d want it to be successful and Not have a situation where

[3:32:15] I‘d want it to be successful and Not have a situation where People don‘t understand clearly

[3:32:17] not have a situation where People don‘t understand clearly That they first have to do this

[3:32:19] people don‘t understand clearly That they first have to do this Education class at the very

[3:32:22] that they first have to do this Education class at the very Beginning, and that there‘s a

[3:32:23] education class at the very Beginning, and that there‘s a Fee.

[3:32:24] beginning, and that there‘s a Fee. >> yeah, that that‘s well, but

[3:32:26] fee. >> yeah, that that‘s well, but We‘re going to pay the fee.

[3:32:27] >> yeah, that that‘s well, but We‘re going to pay the fee. It‘s just the timing of us

[3:32:28] we‘re going to pay the fee. It‘s just the timing of us Paying the fee.

[3:32:30] it‘s just the timing of us Paying the fee. So.

[3:32:30] paying the fee. So. >> well.

[3:32:30] so. >> well. >> yeah, the way you described

[3:32:31] >> well. >> yeah, the way you described The timing, it doesn‘t work

[3:32:33] >> yeah, the way you described The timing, it doesn‘t work Fair.

[3:32:33] the timing, it doesn‘t work Fair. >> fair enough.

[3:32:34] fair. >> fair enough. Well, that‘s a that‘s a nuance,

[3:32:35] >> fair enough. Well, that‘s a that‘s a nuance, Commissioner, that we will work

[3:32:37] well, that‘s a that‘s a nuance, Commissioner, that we will work Out before we launch the

[3:32:38] commissioner, that we will work Out before we launch the Program.

[3:32:38] out before we launch the Program. >> I mean, they‘re getting like

[3:32:41] program. >> I mean, they‘re getting like $50,000 or something.

[3:32:42] >> I mean, they‘re getting like $50,000 or something. They got.

[3:32:42] $50,000 or something. They got. >> I realize it‘s a.

[3:32:43] they got. >> I realize it‘s a. >> small thing.

[3:32:43] >> I realize it‘s a. >> small thing. >> work it.

[3:32:44] >> small thing. >> work it. I‘m thrilled that you‘re looking

[3:32:45] >> work it. I‘m thrilled that you‘re looking At ways to make this stuff

[3:32:48] I‘m thrilled that you‘re looking At ways to make this stuff Available to people.

[3:32:48] at ways to make this stuff Available to people. I just want it.

[3:32:49] available to people. I just want it. I don‘t want us to create

[3:32:51] I just want it. I don‘t want us to create Expectations that we can‘t meet,

[3:32:52] I don‘t want us to create Expectations that we can‘t meet, Or where people will be

[3:32:54] expectations that we can‘t meet, Or where people will be Frustrated.

[3:32:54] or where people will be Frustrated. >> and absolutely.

[3:32:55] frustrated. >> and absolutely. >> because what we what we

[3:32:57] >> and absolutely. >> because what we what we Understand is, look, I look at

[3:32:59] >> because what we what we Understand is, look, I look at That and I say, well, now

[3:33:00] understand is, look, I look at That and I say, well, now That‘s, that is too good to be

[3:33:02] that and I say, well, now That‘s, that is too good to be True.

[3:33:02] that‘s, that is too good to be True. And how and how could it?

[3:33:05] true. And how and how could it? And unless you‘ve got examples

[3:33:08] and how and how could it? And unless you‘ve got examples And unless you‘ve got a

[3:33:10] and unless you‘ve got examples And unless you‘ve got a Portfolio so that we can explain

[3:33:11] and unless you‘ve got a Portfolio so that we can explain To folks, unless we find you in

[3:33:14] portfolio so that we can explain To folks, unless we find you in A place that I trust.

[3:33:15] to folks, unless we find you in A place that I trust. >> well, that‘s where working

[3:33:17] a place that I trust. >> well, that‘s where working Through hats, working through

[3:33:18] >> well, that‘s where working Through hats, working through Our existing housing programs,

[3:33:22] through hats, working through Our existing housing programs, Where we know people need help,

[3:33:23] our existing housing programs, Where we know people need help, Where we identify through

[3:33:26] where we know people need help, Where we identify through Whatever application process, if

[3:33:28] where we identify through Whatever application process, if They have an interest in trying

[3:33:29] whatever application process, if They have an interest in trying To be able to buy a house in the

[3:33:32] they have an interest in trying To be able to buy a house in the Future, we‘ve got to trusted

[3:33:34] to be able to buy a house in the Future, we‘ve got to trusted Relationship with them through

[3:33:35] future, we‘ve got to trusted Relationship with them through The housing they‘re currently

[3:33:37] relationship with them through The housing they‘re currently Accessing.

[3:33:37] the housing they‘re currently Accessing. >> I get it, but I‘ve got a

[3:33:38] accessing. >> I get it, but I‘ve got a Couple a few kids in my in my

[3:33:41] >> I get it, but I‘ve got a Couple a few kids in my in my Neighborhood, and they, they

[3:33:44] couple a few kids in my in my Neighborhood, and they, they Didn‘t go to college, but they

[3:33:46] neighborhood, and they, they Didn‘t go to college, but they Went to work and, and, but

[3:33:48] didn‘t go to college, but they Went to work and, and, but They‘re living there now.

[3:33:49] went to work and, and, but They‘re living there now. They‘re living at their house,

[3:33:51] they‘re living there now. They‘re living at their house, Their mother‘s house.

[3:33:52] they‘re living at their house, Their mother‘s house. They have a decent job.

[3:33:53] their mother‘s house. They have a decent job. If they knew about this, they

[3:33:57] they have a decent job. If they knew about this, they Could take a course and save a

[3:33:59] if they knew about this, they Could take a course and save a Little money.

[3:34:00] could take a course and save a Little money. That‘s right.

[3:34:00] little money. That‘s right. And but they don‘t know about

[3:34:02] that‘s right. And but they don‘t know about This.

[3:34:02] and but they don‘t know about This. Where do we where do we tell.

[3:34:03] this. Where do we where do we tell. So the idea is to reach them.

[3:34:05] where do we where do we tell. So the idea is to reach them. I think I think hatzi is an

[3:34:08] so the idea is to reach them. I think I think hatzi is an Important place to provide this

[3:34:10] I think I think hatzi is an Important place to provide this Information.

[3:34:10] important place to provide this Information. But we‘ve got a whole group of

[3:34:12] information. But we‘ve got a whole group of Kids, school to work, kids that

[3:34:15] but we‘ve got a whole group of Kids, school to work, kids that Should qualify for it and, and

[3:34:17] kids, school to work, kids that Should qualify for it and, and Won‘t find an opportunity to buy

[3:34:20] should qualify for it and, and Won‘t find an opportunity to buy A home unless they find a

[3:34:22] won‘t find an opportunity to buy A home unless they find a Program like this.

[3:34:22] a home unless they find a Program like this. >> so we‘re talking about

[3:34:24] program like this. >> so we‘re talking about Scaling.

[3:34:24] >> so we‘re talking about Scaling. >> up to write.

[3:34:24] scaling. >> up to write. A program.

[3:34:25] >> up to write. A program. We‘re talking about starting

[3:34:27] a program. We‘re talking about starting Small and scaling up, right?

[3:34:28] we‘re talking about starting Small and scaling up, right? Because we don‘t have a lot of

[3:34:29] small and scaling up, right? Because we don‘t have a lot of Money.

[3:34:29] because we don‘t have a lot of Money. >> yes, that that is correct.

[3:34:30] money. >> yes, that that is correct. And so once we start, once we

[3:34:33] >> yes, that that is correct. And so once we start, once we Officially launch the program,

[3:34:35] and so once we start, once we Officially launch the program, We are planning to do a

[3:34:36] officially launch the program, We are planning to do a Marketing campaign.

[3:34:37] we are planning to do a Marketing campaign. This is a screenshot of a flier.

[3:34:39] marketing campaign. This is a screenshot of a flier. It has not been translated in

[3:34:41] this is a screenshot of a flier. It has not been translated in Spanish yet, but we are going to

[3:34:42] it has not been translated in Spanish yet, but we are going to Do a full scale marketing

[3:34:45] spanish yet, but we are going to Do a full scale marketing Campaign through constant

[3:34:46] do a full scale marketing Campaign through constant Contact, through hatzi.

[3:34:47] campaign through constant Contact, through hatzi. We are really going to try to

[3:34:49] contact, through hatzi. We are really going to try to Promote this so the community is

[3:34:51] we are really going to try to Promote this so the community is Aware of what is available, and

[3:34:53] promote this so the community is Aware of what is available, and We will work out the nuance of

[3:34:55] aware of what is available, and We will work out the nuance of When to pay.

[3:34:56] we will work out the nuance of When to pay. >> the fee.

[3:34:57] when to pay. >> the fee. >> for the how, for the, the,

[3:34:59] >> the fee. >> for the how, for the, the, The homebuyer education.

[3:35:01] >> for the how, for the, the, The homebuyer education. Next slide please.

[3:35:01] the homebuyer education. Next slide please. This is a screen.

[3:35:03] next slide please. This is a screen. This is a commissioner shea.

[3:35:05] this is a screen. This is a commissioner shea. >> this.

[3:35:05] this is a commissioner shea. >> this. >> you.

[3:35:07] >> this. >> you. We can answer questions from you

[3:35:10] >> you. We can answer questions from you At our next one on one unless

[3:35:12] we can answer questions from you At our next one on one unless You want to continue the

[3:35:15] at our next one on one unless You want to continue the Presentation.

[3:35:15] you want to continue the Presentation. We.

[3:35:16] presentation. We. Yeah, we‘re past one hour on

[3:35:19] we. Yeah, we‘re past one hour on This presentation and it‘s a lot

[3:35:20] yeah, we‘re past one hour on This presentation and it‘s a lot Of sausage making that maybe you

[3:35:22] this presentation and it‘s a lot Of sausage making that maybe you All don‘t have to to know all of

[3:35:25] of sausage making that maybe you All don‘t have to to know all of It, but I think this is a really

[3:35:27] all don‘t have to to know all of It, but I think this is a really Good example of how monique is

[3:35:30] it, but I think this is a really Good example of how monique is One of our superstars, one of

[3:35:33] good example of how monique is One of our superstars, one of The very best superstars in hhs,

[3:35:35] one of our superstars, one of The very best superstars in hhs, Because she keeps bringing in

[3:35:36] the very best superstars in hhs, Because she keeps bringing in More money and providing more

[3:35:39] because she keeps bringing in More money and providing more Services than when she started.

[3:35:40] more money and providing more Services than when she started. >> so this is phenomenal.

[3:35:41] services than when she started. >> so this is phenomenal. >> and thank you.

[3:35:42] >> so this is phenomenal. >> and thank you. Thank you.

[3:35:42] >> and thank you. Thank you. >> this is actually our last

[3:35:44] thank you. >> this is actually our last Slide.

[3:35:44] >> this is actually our last Slide. So thank you very much for that.

[3:35:46] slide. So thank you very much for that. Sorry that we went a little

[3:35:47] so thank you very much for that. Sorry that we went a little Long, but we‘re.

[3:35:48] sorry that we went a little Long, but we‘re. >> really asked questions.

[3:35:50] long, but we‘re. >> really asked questions. >> thank you.

[3:35:50] >> really asked questions. >> thank you. Yeah you did.

[3:35:51] >> thank you. Yeah you did. You asked a lot of questions.

[3:35:51] yeah you did. You asked a lot of questions. But thank you so much for your

[3:35:53] you asked a lot of questions. But thank you so much for your Time.

[3:35:53] but thank you so much for your Time. >> thank you, thank you thank

[3:35:54] time. >> thank you, thank you thank You.

[3:35:54] >> thank you, thank you thank You. Yeah.

[3:35:54] you. Yeah. >> well, we can ask more

[3:35:56] yeah. >> well, we can ask more Questions.

[3:35:56] >> well, we can ask more Questions. I‘ll just have to leave.

[3:35:57] questions. I‘ll just have to leave. And commissioner, commissioner,

[3:36:00] I‘ll just have to leave. And commissioner, commissioner, Shake and continue.

[3:36:01] and commissioner, commissioner, Shake and continue. But I want I want a copy of all

[3:36:04] shake and continue. But I want I want a copy of all Of the the presentation.

[3:36:06] but I want I want a copy of all Of the the presentation. Plus I want some phone numbers

[3:36:08] of the the presentation. Plus I want some phone numbers As well.

[3:36:08] plus I want some phone numbers As well. Okay.

[3:36:09] as well. Okay. So we can send some people to

[3:36:11] okay. So we can send some people to You.

[3:36:12] so we can send some people to You. >> fantastic.

[3:36:13] you. >> fantastic. Thank you so much.

[3:36:13] >> fantastic. Thank you so much. Thank you.

[3:36:14] thank you so much. Thank you. >> thank you.

[3:36:15] thank you. >> thank you. >> this is excellent.

[3:36:16] >> thank you. >> this is excellent. Thank you.

[3:36:16] >> this is excellent. Thank you. I really appreciate being your

[3:36:18] thank you. I really appreciate being your Resourcefulness and creativity

[3:36:20] I really appreciate being your Resourcefulness and creativity And trying to find extra help

[3:36:21] resourcefulness and creativity And trying to find extra help For people who need it.

[3:36:22] and trying to find extra help For people who need it. >> absolutely.

[3:36:23] for people who need it. >> absolutely. Thank you very much for your

[3:36:24] >> absolutely. Thank you very much for your Time.

[3:36:24] thank you very much for your Time. Really appreciate it.

[3:36:25] time. Really appreciate it. >> thank you, thank you.

[3:36:26] really appreciate it. >> thank you, thank you. Thank you.

[3:36:28] >> thank you, thank you. Thank you. >> yeah.

[3:36:28] thank you. >> yeah. The frameworks website has lots

[3:36:30] >> yeah. The frameworks website has lots Of links and good information.

[3:36:31] the frameworks website has lots Of links and good information. >> yeah.

[3:36:31] of links and good information. >> yeah. Yes.

[3:36:32] >> yeah. Yes. We‘re going to have to say this

[3:36:35] yes. We‘re going to have to say this Concludes the business of the

[3:36:36] we‘re going to have to say this Concludes the business of the Travis county commissioners

[3:36:38] concludes the business of the Travis county commissioners Court today.

[3:36:38] travis county commissioners Court today. And without objection, I‘ll

[3:36:40] court today. And without objection, I‘ll Adjourn the meeting at.

[3:36:43] and without objection, I‘ll Adjourn the meeting at. [laughter]

[3:36:45] adjourn the meeting at. [laughter] 45353.

[3:36:46] [laughter] 45353. >> thank you.

[3:36:49] 45353. >> thank you. >> thank you all.

[3:36:50] >> thank you. >> thank you all. [music]

[3:36:51] >> thank you all. [music]

Commissioners Court Work Session

Transcript