1 00:13:39,186 --> 00:13:39,419 [music] 2 00:13:39,419 --> 00:14:21,895 [music] [music] 3 00:14:21,895 --> 00:14:25,432 [music] [music] [music] 4 00:14:25,432 --> 00:14:28,368 [music] [music] [music] 5 00:14:28,368 --> 00:15:13,147 [music] [music] [music] 6 00:15:13,147 --> 00:16:04,064 [music] [music] >> good afternoon. 7 00:16:04,064 --> 00:16:05,031 [music] >> good afternoon. I‘m. 8 00:16:05,031 --> 00:16:05,299 >> good afternoon. I‘m. [applause] 9 00:16:05,299 --> 00:16:10,070 I‘m. [applause] Margaret gomez and I am 10 00:16:10,070 --> 00:16:10,404 [applause] Margaret gomez and I am Commissioner. 11 00:16:10,404 --> 00:16:11,138 margaret gomez and I am Commissioner. Precinct four. 12 00:16:11,138 --> 00:16:21,749 commissioner. Precinct four. We are ready to start this work 13 00:16:21,749 --> 00:16:21,982 precinct four. We are ready to start this work Session. 14 00:16:21,982 --> 00:16:25,019 we are ready to start this work Session. I‘m calling to order the travis 15 00:16:25,019 --> 00:16:27,421 session. I‘m calling to order the travis County commissioners court work 16 00:16:27,421 --> 00:16:27,854 I‘m calling to order the travis County commissioners court work Session. 17 00:16:27,854 --> 00:16:31,659 county commissioners court work Session. Today is may 14th, 2026, and the 18 00:16:31,659 --> 00:16:35,429 session. Today is may 14th, 2026, and the Time is 1:32 p.m. 19 00:16:35,429 --> 00:16:39,600 today is may 14th, 2026, and the Time is 1:32 p.m. We have commissioners travillion 20 00:16:39,600 --> 00:16:41,267 time is 1:32 p.m. We have commissioners travillion Commissioner shea, commissioner 21 00:16:41,267 --> 00:16:41,502 we have commissioners travillion Commissioner shea, commissioner Howard. 22 00:16:41,502 --> 00:16:44,871 commissioner shea, commissioner Howard. And with me on the dais. 23 00:16:44,871 --> 00:16:48,909 howard. And with me on the dais. And I believe county judge brown 24 00:16:48,909 --> 00:16:50,611 and with me on the dais. And I believe county judge brown Is is on county business and he 25 00:16:50,611 --> 00:16:52,446 and I believe county judge brown Is is on county business and he May join us after a while. 26 00:16:52,446 --> 00:16:55,983 is is on county business and he May join us after a while. We‘ll work with start today with 27 00:16:55,983 --> 00:16:58,419 may join us after a while. We‘ll work with start today with Work session item number one, 28 00:16:58,419 --> 00:17:00,154 we‘ll work with start today with Work session item number one, Receive a quarterly briefing and 29 00:17:00,154 --> 00:17:01,989 work session item number one, Receive a quarterly briefing and Updates from central health, 30 00:17:01,989 --> 00:17:03,189 receive a quarterly briefing and Updates from central health, Including board of managers. 31 00:17:03,189 --> 00:17:07,061 updates from central health, Including board of managers. Update year of access, update 32 00:17:07,061 --> 00:17:10,196 including board of managers. Update year of access, update Budget actuals to date, a 2025 33 00:17:10,196 --> 00:17:13,033 update year of access, update Budget actuals to date, a 2025 Annual report and systems 34 00:17:13,033 --> 00:17:15,269 budget actuals to date, a 2025 Annual report and systems Partnerships. 35 00:17:15,269 --> 00:17:21,074 annual report and systems Partnerships. And then I think this includes 36 00:17:21,074 --> 00:17:23,476 partnerships. And then I think this includes The community unity care health 37 00:17:23,476 --> 00:17:25,979 and then I think this includes The community unity care health Centers and sendero health plans 38 00:17:25,979 --> 00:17:26,713 the community unity care health Centers and sendero health plans As well. 39 00:17:26,713 --> 00:17:32,385 centers and sendero health plans As well. >> this. 40 00:17:32,385 --> 00:17:35,054 as well. >> this. Is. 41 00:17:35,054 --> 00:17:49,469 >> this. Is. Good afternoon. 42 00:17:49,469 --> 00:17:50,169 is. Good afternoon. Good afternoon. 43 00:17:50,169 --> 00:17:53,107 good afternoon. Good afternoon. Commissioners. 44 00:17:53,107 --> 00:17:55,442 good afternoon. Commissioners. My name is perla cavazos, the 45 00:17:55,442 --> 00:17:56,642 commissioners. My name is perla cavazos, the Chief governance and government 46 00:17:56,642 --> 00:17:58,010 my name is perla cavazos, the Chief governance and government Affairs officer at central 47 00:17:58,010 --> 00:17:58,245 chief governance and government Affairs officer at central Health. 48 00:17:58,245 --> 00:18:00,848 affairs officer at central Health. And it‘s our pleasure to be 49 00:18:00,848 --> 00:18:01,047 health. And it‘s our pleasure to be Here. 50 00:18:01,047 --> 00:18:03,683 and it‘s our pleasure to be Here. Central health to give our 51 00:18:03,683 --> 00:18:04,618 here. Central health to give our Quarterly update. 52 00:18:04,618 --> 00:18:06,652 central health to give our Quarterly update. I want to introduce our speakers 53 00:18:06,652 --> 00:18:06,854 quarterly update. I want to introduce our speakers Today. 54 00:18:06,854 --> 00:18:09,088 I want to introduce our speakers Today. We have several, including some 55 00:18:09,088 --> 00:18:09,889 today. We have several, including some New faces. 56 00:18:09,889 --> 00:18:12,226 we have several, including some New faces. And then I‘ll walk through the 57 00:18:12,226 --> 00:18:13,926 new faces. And then I‘ll walk through the Agenda and hand it over to our 58 00:18:13,926 --> 00:18:16,196 and then I‘ll walk through the Agenda and hand it over to our Chair. 59 00:18:16,196 --> 00:18:18,465 agenda and hand it over to our Chair. We have doctor pat lee, 60 00:18:18,465 --> 00:18:20,199 chair. We have doctor pat lee, President and ceo of central 61 00:18:20,199 --> 00:18:20,433 we have doctor pat lee, President and ceo of central Health. 62 00:18:20,433 --> 00:18:23,936 president and ceo of central Health. We also have sharon alvis, our 63 00:18:23,936 --> 00:18:26,105 health. We also have sharon alvis, our Ceo of sendero health plans, and 64 00:18:26,105 --> 00:18:28,574 we also have sharon alvis, our Ceo of sendero health plans, and Tara trower, our deputy ceo and 65 00:18:28,574 --> 00:18:29,909 ceo of sendero health plans, and Tara trower, our deputy ceo and Chief strategy officer of 66 00:18:29,909 --> 00:18:31,311 tara trower, our deputy ceo and Chief strategy officer of Community care health centers. 67 00:18:31,311 --> 00:18:34,415 chief strategy officer of Community care health centers. We have our board chair, 68 00:18:34,415 --> 00:18:36,250 community care health centers. We have our board chair, Geronimo rodriguez, and we also 69 00:18:36,250 --> 00:18:38,952 we have our board chair, Geronimo rodriguez, and we also Have our vice chair, alisa mae, 70 00:18:38,952 --> 00:18:39,385 geronimo rodriguez, and we also Have our vice chair, alisa mae, With us today. 71 00:18:39,385 --> 00:18:41,854 have our vice chair, alisa mae, With us today. In addition, we have jeff 72 00:18:41,854 --> 00:18:43,590 with us today. In addition, we have jeff Kernodle, our chief financial 73 00:18:43,590 --> 00:18:47,561 in addition, we have jeff Kernodle, our chief financial Officer, and we have jp ike 74 00:18:47,561 --> 00:18:48,895 kernodle, our chief financial Officer, and we have jp ike Miller, our vice president of 75 00:18:48,895 --> 00:18:49,162 officer, and we have jp ike Miller, our vice president of Strategy. 76 00:18:49,162 --> 00:18:51,999 miller, our vice president of Strategy. And justine price, demographics 77 00:18:51,999 --> 00:18:53,233 strategy. And justine price, demographics And statistics reporting 78 00:18:53,233 --> 00:18:53,466 and justine price, demographics And statistics reporting Analyst. 79 00:18:53,466 --> 00:18:55,436 and statistics reporting Analyst. In addition, we have alicia 80 00:18:55,436 --> 00:18:56,837 analyst. In addition, we have alicia Ramirez, our government affairs 81 00:18:56,837 --> 00:18:57,070 in addition, we have alicia Ramirez, our government affairs Manager. 82 00:18:57,070 --> 00:19:01,675 ramirez, our government affairs Manager. So let me just run through the 83 00:19:01,675 --> 00:19:03,743 manager. So let me just run through the Agenda of what we‘ll be speaking 84 00:19:03,743 --> 00:19:07,581 so let me just run through the Agenda of what we‘ll be speaking To today over the next maybe 30 85 00:19:07,581 --> 00:19:08,715 agenda of what we‘ll be speaking To today over the next maybe 30 Minutes, 30, 40 minutes. 86 00:19:08,715 --> 00:19:12,084 to today over the next maybe 30 Minutes, 30, 40 minutes. We want to save some time for 87 00:19:12,084 --> 00:19:13,986 minutes, 30, 40 minutes. We want to save some time for Some question and answers as 88 00:19:13,986 --> 00:19:14,188 we want to save some time for Some question and answers as Well. 89 00:19:14,188 --> 00:19:17,223 some question and answers as Well. So our chair will be providing 90 00:19:17,223 --> 00:19:19,226 well. So our chair will be providing An update on from the board of 91 00:19:19,226 --> 00:19:19,493 so our chair will be providing An update on from the board of Managers. 92 00:19:19,493 --> 00:19:21,861 an update on from the board of Managers. Our ceo will provide an update 93 00:19:21,861 --> 00:19:24,997 managers. Our ceo will provide an update On the our year of access and 94 00:19:24,997 --> 00:19:27,134 our ceo will provide an update On the our year of access and Our, our strategy members will 95 00:19:27,134 --> 00:19:28,769 on the our year of access and Our, our strategy members will Be providing an update on the 96 00:19:28,769 --> 00:19:31,472 our, our strategy members will Be providing an update on the Annual report for 2025, which is 97 00:19:31,472 --> 00:19:33,506 be providing an update on the Annual report for 2025, which is A statutory requirement. 98 00:19:33,506 --> 00:19:36,043 annual report for 2025, which is A statutory requirement. In addition, we‘ll be presenting 99 00:19:36,043 --> 00:19:38,277 a statutory requirement. In addition, we‘ll be presenting Our march 2026 financial 100 00:19:38,277 --> 00:19:39,546 in addition, we‘ll be presenting Our march 2026 financial Statements and budget actuals to 101 00:19:39,546 --> 00:19:39,746 our march 2026 financial Statements and budget actuals to Date. 102 00:19:39,746 --> 00:19:43,916 statements and budget actuals to Date. Our ceo will provide a budget 103 00:19:43,916 --> 00:19:45,585 date. Our ceo will provide a budget Development update, and then we 104 00:19:45,585 --> 00:19:47,720 our ceo will provide a budget Development update, and then we Will speak to some system 105 00:19:47,720 --> 00:19:49,289 development update, and then we Will speak to some system Transformation and partnership 106 00:19:49,289 --> 00:19:51,158 will speak to some system Transformation and partnership Updates from the three entities. 107 00:19:51,158 --> 00:19:52,993 transformation and partnership Updates from the three entities. With that, I‘m going to hand it 108 00:19:52,993 --> 00:19:55,595 updates from the three entities. With that, I‘m going to hand it Over to our board chair, 109 00:19:55,595 --> 00:19:56,263 with that, I‘m going to hand it Over to our board chair, Jeronimo rodriguez. 110 00:19:56,263 --> 00:19:56,864 over to our board chair, Jeronimo rodriguez. >> thank you. 111 00:19:56,864 --> 00:19:57,463 jeronimo rodriguez. >> thank you. Thank you. 112 00:19:57,463 --> 00:19:59,632 >> thank you. Thank you. First, I‘d like to recognize 113 00:19:59,632 --> 00:20:00,968 thank you. First, I‘d like to recognize Alyssa may, who is sitting to my 114 00:20:00,968 --> 00:20:02,202 first, I‘d like to recognize Alyssa may, who is sitting to my Right here as the vice chair of 115 00:20:02,202 --> 00:20:03,503 alyssa may, who is sitting to my Right here as the vice chair of The central health board of 116 00:20:03,503 --> 00:20:05,205 right here as the vice chair of The central health board of Managers, who‘s here with us 117 00:20:05,205 --> 00:20:07,374 the central health board of Managers, who‘s here with us Today. 118 00:20:07,374 --> 00:20:09,709 managers, who‘s here with us Today. And managers, it was really I‘m 119 00:20:09,709 --> 00:20:10,844 today. And managers, it was really I‘m Sorry, commissioners. 120 00:20:10,844 --> 00:20:13,547 and managers, it was really I‘m Sorry, commissioners. I‘m used to managers. 121 00:20:13,547 --> 00:20:14,547 sorry, commissioners. I‘m used to managers. Commissioner, it was really good 122 00:20:14,547 --> 00:20:16,283 I‘m used to managers. Commissioner, it was really good To see you all at the state of 123 00:20:16,283 --> 00:20:17,216 commissioner, it was really good To see you all at the state of County address. 124 00:20:17,216 --> 00:20:20,253 to see you all at the state of County address. And then commissioner howard 125 00:20:20,253 --> 00:20:20,621 county address. And then commissioner howard Jeff travillion. 126 00:20:20,621 --> 00:20:21,054 and then commissioner howard Jeff travillion. It was good. 127 00:20:21,054 --> 00:20:22,189 jeff travillion. It was good. It was good to see you all. 128 00:20:22,189 --> 00:20:24,124 it was good. It was good to see you all. And thank you for co-hosting the 129 00:20:24,124 --> 00:20:25,959 it was good to see you all. And thank you for co-hosting the Community conversations with us 130 00:20:25,959 --> 00:20:26,860 and thank you for co-hosting the Community conversations with us In your precincts. 131 00:20:26,860 --> 00:20:28,695 community conversations with us In your precincts. And then thank you, commissioner 132 00:20:28,695 --> 00:20:29,496 in your precincts. And then thank you, commissioner Schaffer, speaking at our 133 00:20:29,496 --> 00:20:31,131 and then thank you, commissioner Schaffer, speaking at our Hancock phase one event. 134 00:20:31,131 --> 00:20:33,834 schaffer, speaking at our Hancock phase one event. That was a lot of fun and 135 00:20:33,834 --> 00:20:34,267 hancock phase one event. That was a lot of fun and Commissioner gomez. 136 00:20:34,267 --> 00:20:35,402 that was a lot of fun and Commissioner gomez. We look forward to co-hosting 137 00:20:35,402 --> 00:20:37,905 commissioner gomez. We look forward to co-hosting The community conversation 138 00:20:37,905 --> 00:20:39,605 we look forward to co-hosting The community conversation Tonight at the montopolis 139 00:20:39,605 --> 00:20:43,911 the community conversation Tonight at the montopolis Recreation and on community. 140 00:20:43,911 --> 00:20:47,080 tonight at the montopolis Recreation and on community. I‘m sorry, the montopolis 141 00:20:47,080 --> 00:20:49,649 recreation and on community. I‘m sorry, the montopolis Recreation and community center 142 00:20:49,649 --> 00:20:52,351 I‘m sorry, the montopolis Recreation and community center This quarter, the board of 143 00:20:52,351 --> 00:20:54,520 recreation and community center This quarter, the board of Managers has continued their 144 00:20:54,520 --> 00:20:56,389 this quarter, the board of Managers has continued their Work on board governance. 145 00:20:56,389 --> 00:20:59,926 managers has continued their Work on board governance. We have a brief update regarding 146 00:20:59,926 --> 00:21:02,696 work on board governance. We have a brief update regarding Our role of insite oversight and 147 00:21:02,696 --> 00:21:02,963 we have a brief update regarding Our role of insite oversight and Foresight. 148 00:21:02,963 --> 00:21:05,499 our role of insite oversight and Foresight. We continue to work on our 149 00:21:05,499 --> 00:21:06,533 foresight. We continue to work on our Governance regarding. 150 00:21:06,533 --> 00:21:09,101 we continue to work on our Governance regarding. Well, we just completed our 151 00:21:09,101 --> 00:21:10,804 governance regarding. Well, we just completed our Second retreat, working to 152 00:21:10,804 --> 00:21:13,105 well, we just completed our Second retreat, working to Further unify the board and 153 00:21:13,105 --> 00:21:14,074 second retreat, working to Further unify the board and Build trust throughout the 154 00:21:14,074 --> 00:21:15,642 further unify the board and Build trust throughout the Health health care system. 155 00:21:15,642 --> 00:21:18,145 build trust throughout the Health health care system. As part of our strategic 156 00:21:18,145 --> 00:21:18,946 health health care system. As part of our strategic Planning process. 157 00:21:18,946 --> 00:21:22,882 as part of our strategic Planning process. During our retreat, we work to 158 00:21:22,882 --> 00:21:24,384 planning process. During our retreat, we work to Start the work of updating our 159 00:21:24,384 --> 00:21:25,851 during our retreat, we work to Start the work of updating our Mission, vision, and values and 160 00:21:25,851 --> 00:21:26,852 start the work of updating our Mission, vision, and values and Some of the things that came up. 161 00:21:26,852 --> 00:21:29,189 mission, vision, and values and Some of the things that came up. There were themes that you‘re 162 00:21:29,189 --> 00:21:30,958 some of the things that came up. There were themes that you‘re Very familiar with, recognizing 163 00:21:30,958 --> 00:21:33,293 there were themes that you‘re Very familiar with, recognizing The dignity and respect of every 164 00:21:33,293 --> 00:21:35,628 very familiar with, recognizing The dignity and respect of every Single person accountability, 165 00:21:35,628 --> 00:21:36,530 the dignity and respect of every Single person accountability, Transparency, and 166 00:21:36,530 --> 00:21:36,897 single person accountability, Transparency, and Responsibility. 167 00:21:36,897 --> 00:21:38,098 transparency, and Responsibility. The other part of our retreat 168 00:21:38,098 --> 00:21:41,567 responsibility. The other part of our retreat That I wanted to share is we we 169 00:21:41,567 --> 00:21:43,070 the other part of our retreat That I wanted to share is we we Have been using what‘s called 170 00:21:43,070 --> 00:21:45,605 that I wanted to share is we we Have been using what‘s called The choice to trust model, and 171 00:21:45,605 --> 00:21:47,608 have been using what‘s called The choice to trust model, and It has four parts, which are 172 00:21:47,608 --> 00:21:48,909 the choice to trust model, and It has four parts, which are Important, I think, for us as we 173 00:21:48,909 --> 00:21:51,878 it has four parts, which are Important, I think, for us as we Continue to, to build unity and, 174 00:21:51,878 --> 00:21:53,580 important, I think, for us as we Continue to, to build unity and, And, and our governance, one is 175 00:21:53,580 --> 00:21:54,480 continue to, to build unity and, And, and our governance, one is Around competence. 176 00:21:54,480 --> 00:21:57,750 and, and our governance, one is Around competence. I know I can do this. 177 00:21:57,750 --> 00:22:00,120 around competence. I know I can do this. I don‘t know if I can do that. 178 00:22:00,120 --> 00:22:02,489 I know I can do this. I don‘t know if I can do that. The willingness to say that we 179 00:22:02,489 --> 00:22:03,889 I don‘t know if I can do that. The willingness to say that we Don‘t know what we‘re doing or 180 00:22:03,889 --> 00:22:06,793 the willingness to say that we Don‘t know what we‘re doing or What we‘re about to do, and the 181 00:22:06,793 --> 00:22:08,729 don‘t know what we‘re doing or What we‘re about to do, and the Competency trust that goes along 182 00:22:08,729 --> 00:22:10,162 what we‘re about to do, and the Competency trust that goes along With that, with all the deep 183 00:22:10,162 --> 00:22:11,398 competency trust that goes along With that, with all the deep Subject matter expertise that we 184 00:22:11,398 --> 00:22:13,399 with that, with all the deep Subject matter expertise that we Have at central health caring 185 00:22:13,399 --> 00:22:14,735 subject matter expertise that we Have at central health caring That we‘re all in this together, 186 00:22:14,735 --> 00:22:16,202 have at central health caring That we‘re all in this together, Making sure that people 187 00:22:16,202 --> 00:22:17,770 that we‘re all in this together, Making sure that people Understand that we care about 188 00:22:17,770 --> 00:22:19,906 making sure that people Understand that we care about Them, and we‘re doing the work 189 00:22:19,906 --> 00:22:20,172 understand that we care about Them, and we‘re doing the work Together. 190 00:22:20,172 --> 00:22:21,708 them, and we‘re doing the work Together. The third one, there‘s four of 191 00:22:21,708 --> 00:22:21,909 together. The third one, there‘s four of Them. 192 00:22:21,909 --> 00:22:23,543 the third one, there‘s four of Them. Sincerity is one around. 193 00:22:23,543 --> 00:22:25,178 them. Sincerity is one around. I mean, what I say, say what I 194 00:22:25,178 --> 00:22:27,013 sincerity is one around. I mean, what I say, say what I Mean and act accordingly, making 195 00:22:27,013 --> 00:22:28,482 I mean, what I say, say what I Mean and act accordingly, making Sure that we are building that 196 00:22:28,482 --> 00:22:30,117 mean and act accordingly, making Sure that we are building that That trust around sincerity. 197 00:22:30,117 --> 00:22:32,118 sure that we are building that That trust around sincerity. And the fourth one is around 198 00:22:32,118 --> 00:22:33,486 that trust around sincerity. And the fourth one is around Reliability, that you can count 199 00:22:33,486 --> 00:22:35,422 and the fourth one is around Reliability, that you can count On me to deliver what I promise. 200 00:22:35,422 --> 00:22:37,424 reliability, that you can count On me to deliver what I promise. And again, this was based on 201 00:22:37,424 --> 00:22:39,625 on me to deliver what I promise. And again, this was based on Trust model and kind of taking 202 00:22:39,625 --> 00:22:40,661 and again, this was based on Trust model and kind of taking Accountability recognition for, 203 00:22:40,661 --> 00:22:44,764 trust model and kind of taking Accountability recognition for, For each of our own behaviors. 204 00:22:44,764 --> 00:22:48,402 accountability recognition for, For each of our own behaviors. I also wanted to share that we 205 00:22:48,402 --> 00:22:49,335 for each of our own behaviors. I also wanted to share that we Continue to work. 206 00:22:49,335 --> 00:22:51,672 I also wanted to share that we Continue to work. Last quarter, I updated us on an 207 00:22:51,672 --> 00:22:52,806 continue to work. Last quarter, I updated us on an Update of our work in the 208 00:22:52,806 --> 00:22:53,706 last quarter, I updated us on an Update of our work in the Following areas, and I‘m happy 209 00:22:53,706 --> 00:22:55,642 update of our work in the Following areas, and I‘m happy To share that our work continues 210 00:22:55,642 --> 00:22:57,077 following areas, and I‘m happy To share that our work continues Around a plan to update the 211 00:22:57,077 --> 00:22:58,178 to share that our work continues Around a plan to update the Strategic plan, the community 212 00:22:58,178 --> 00:22:59,212 around a plan to update the Strategic plan, the community Health needs assessment by the 213 00:22:59,212 --> 00:22:59,578 strategic plan, the community Health needs assessment by the End of the year. 214 00:22:59,578 --> 00:23:01,314 health needs assessment by the End of the year. A plan to complete our 215 00:23:01,314 --> 00:23:03,115 end of the year. A plan to complete our Comprehensive facilities plan 216 00:23:03,115 --> 00:23:04,418 a plan to complete our Comprehensive facilities plan Monitoring implementation of the 217 00:23:04,418 --> 00:23:06,118 comprehensive facilities plan Monitoring implementation of the System transformation 218 00:23:06,118 --> 00:23:07,321 monitoring implementation of the System transformation Resolution, and obviously, the 219 00:23:07,321 --> 00:23:09,489 system transformation Resolution, and obviously, the Fy 27 budget development that 220 00:23:09,489 --> 00:23:11,524 resolution, and obviously, the Fy 27 budget development that Will culminate with a 221 00:23:11,524 --> 00:23:13,192 fy 27 budget development that Will culminate with a Presentation and a vote from you 222 00:23:13,192 --> 00:23:13,360 will culminate with a Presentation and a vote from you All. 223 00:23:13,360 --> 00:23:16,095 presentation and a vote from you All. I‘m going to turn it over now to 224 00:23:16,095 --> 00:23:16,696 all. I‘m going to turn it over now to Doctor lee. 225 00:23:16,696 --> 00:23:18,365 I‘m going to turn it over now to Doctor lee. And thank you again for the 226 00:23:18,365 --> 00:23:19,665 doctor lee. And thank you again for the Opportunity to provide this 227 00:23:19,665 --> 00:23:19,899 and thank you again for the Opportunity to provide this Update. 228 00:23:19,899 --> 00:23:21,267 opportunity to provide this Update. >> thank you, chair. 229 00:23:21,267 --> 00:23:23,736 update. >> thank you, chair. Good afternoon, commissioners 230 00:23:23,736 --> 00:23:25,405 >> thank you, chair. Good afternoon, commissioners Gomez, howard, seh and 231 00:23:25,405 --> 00:23:25,706 good afternoon, commissioners Gomez, howard, seh and Travillion. 232 00:23:25,706 --> 00:23:26,605 gomez, howard, seh and Travillion. It‘s really an honor to be with 233 00:23:26,605 --> 00:23:27,341 travillion. It‘s really an honor to be with All of you. 234 00:23:27,341 --> 00:23:28,976 it‘s really an honor to be with All of you. And I too, want to begin with a 235 00:23:28,976 --> 00:23:30,811 all of you. And I too, want to begin with a Huge thank you for all of your 236 00:23:30,811 --> 00:23:32,746 and I too, want to begin with a Huge thank you for all of your Leadership, continued engagement 237 00:23:32,746 --> 00:23:34,013 huge thank you for all of your Leadership, continued engagement With central health over these 238 00:23:34,013 --> 00:23:35,749 leadership, continued engagement With central health over these Past several months since we‘ve 239 00:23:35,749 --> 00:23:37,718 with central health over these Past several months since we‘ve Been together at our community 240 00:23:37,718 --> 00:23:38,584 past several months since we‘ve Been together at our community Conversations and multiple other 241 00:23:38,584 --> 00:23:38,818 been together at our community Conversations and multiple other Events. 242 00:23:38,818 --> 00:23:41,121 conversations and multiple other Events. Commissioner howard and 243 00:23:41,121 --> 00:23:42,189 events. Commissioner howard and Travillion, you‘ve both been 244 00:23:42,189 --> 00:23:44,424 commissioner howard and Travillion, you‘ve both been Wonderful hosts at our community 245 00:23:44,424 --> 00:23:44,757 travillion, you‘ve both been Wonderful hosts at our community Conversations. 246 00:23:44,757 --> 00:23:46,026 wonderful hosts at our community Conversations. We really appreciate that. 247 00:23:46,026 --> 00:23:47,159 conversations. We really appreciate that. And commissioner gomez, we are 248 00:23:47,159 --> 00:23:48,128 we really appreciate that. And commissioner gomez, we are Honored to be with you this 249 00:23:48,128 --> 00:23:48,361 and commissioner gomez, we are Honored to be with you this Evening. 250 00:23:48,361 --> 00:23:49,463 honored to be with you this Evening. Thank you for hosting us. 251 00:23:49,463 --> 00:23:54,200 evening. Thank you for hosting us. I also want to thank judge brown 252 00:23:54,200 --> 00:23:55,868 thank you for hosting us. I also want to thank judge brown And commissioner howard staff 253 00:23:55,868 --> 00:23:58,338 I also want to thank judge brown And commissioner howard staff For joining us together with 254 00:23:58,338 --> 00:23:59,605 and commissioner howard staff For joining us together with Central health and integral 255 00:23:59,605 --> 00:24:00,706 for joining us together with Central health and integral Care, on our recent visit to 256 00:24:00,706 --> 00:24:02,942 central health and integral Care, on our recent visit to Salt lake city last month to 257 00:24:02,942 --> 00:24:04,777 care, on our recent visit to Salt lake city last month to Tour the huntsman mental health 258 00:24:04,777 --> 00:24:06,112 salt lake city last month to Tour the huntsman mental health Crisis center and meet with salt 259 00:24:06,112 --> 00:24:08,115 tour the huntsman mental health Crisis center and meet with salt Lake county mayor jenny wilson. 260 00:24:08,115 --> 00:24:09,949 crisis center and meet with salt Lake county mayor jenny wilson. That visit was very helpful as 261 00:24:09,949 --> 00:24:11,418 lake county mayor jenny wilson. That visit was very helpful as We consider next steps to 262 00:24:11,418 --> 00:24:12,585 that visit was very helpful as We consider next steps to Advance mental health diversion 263 00:24:12,585 --> 00:24:15,088 we consider next steps to Advance mental health diversion Care here in travis county and 264 00:24:15,088 --> 00:24:15,489 advance mental health diversion Care here in travis county and Commissioner shea. 265 00:24:15,489 --> 00:24:16,256 care here in travis county and Commissioner shea. I want to also thank you. 266 00:24:16,256 --> 00:24:17,924 commissioner shea. I want to also thank you. I know we‘ll be together on june 267 00:24:17,924 --> 00:24:19,091 I want to also thank you. I know we‘ll be together on june 11th in precinct two. 268 00:24:19,091 --> 00:24:20,459 I know we‘ll be together on june 11th in precinct two. I‘m looking forward to that. 269 00:24:20,459 --> 00:24:22,828 11th in precinct two. I‘m looking forward to that. Also want to thank you, 270 00:24:22,828 --> 00:24:24,665 I‘m looking forward to that. Also want to thank you, Commissioner, for being with us. 271 00:24:24,665 --> 00:24:28,067 also want to thank you, Commissioner, for being with us. Last month as we opened our our 272 00:24:28,067 --> 00:24:30,736 commissioner, for being with us. Last month as we opened our our New phase one of our brand new 273 00:24:30,736 --> 00:24:32,138 last month as we opened our our New phase one of our brand new Hancock headquarters site and 274 00:24:32,138 --> 00:24:34,574 new phase one of our brand new Hancock headquarters site and Saw our first patients at david 275 00:24:34,574 --> 00:24:36,243 hancock headquarters site and Saw our first patients at david Powell health center, hancock in 276 00:24:36,243 --> 00:24:37,911 saw our first patients at david Powell health center, hancock in A in a space that is beautiful 277 00:24:37,911 --> 00:24:39,946 powell health center, hancock in A in a space that is beautiful And dignified and I think 278 00:24:39,946 --> 00:24:41,013 a in a space that is beautiful And dignified and I think Reflects the quality of care 279 00:24:41,013 --> 00:24:42,749 and dignified and I think Reflects the quality of care That has always been received in 280 00:24:42,749 --> 00:24:44,351 reflects the quality of care That has always been received in That in that practice. 281 00:24:44,351 --> 00:24:46,118 that has always been received in That in that practice. But now the the space reflects 282 00:24:46,118 --> 00:24:46,452 that in that practice. But now the the space reflects That as well. 283 00:24:46,452 --> 00:24:48,854 but now the the space reflects That as well. Points to potential health is 284 00:24:48,854 --> 00:24:49,056 that as well. Points to potential health is Going. 285 00:24:49,056 --> 00:24:51,490 points to potential health is Going. I know doctor yagoda, actually 286 00:24:51,490 --> 00:24:54,161 going. I know doctor yagoda, actually My colleague tara trower will 287 00:24:54,161 --> 00:24:55,094 I know doctor yagoda, actually My colleague tara trower will Share more details later. 288 00:24:55,094 --> 00:24:56,463 my colleague tara trower will Share more details later. But this is a major milestone 289 00:24:56,463 --> 00:24:58,764 share more details later. But this is a major milestone For us for the patients we serve 290 00:24:58,764 --> 00:25:00,466 but this is a major milestone For us for the patients we serve And for the future of our care 291 00:25:00,466 --> 00:25:01,168 for us for the patients we serve And for the future of our care In travis county. 292 00:25:01,168 --> 00:25:03,602 and for the future of our care In travis county. Looking ahead, we‘re excited to 293 00:25:03,602 --> 00:25:04,770 in travis county. Looking ahead, we‘re excited to Celebrate another major 294 00:25:04,770 --> 00:25:06,105 looking ahead, we‘re excited to Celebrate another major Milestone this saturday. 295 00:25:06,105 --> 00:25:07,841 celebrate another major Milestone this saturday. Together with you, commissioner 296 00:25:07,841 --> 00:25:08,141 milestone this saturday. Together with you, commissioner Travillion. 297 00:25:08,141 --> 00:25:09,810 together with you, commissioner Travillion. As we celebrate the 298 00:25:09,810 --> 00:25:11,277 travillion. As we celebrate the Groundbreaking of our new colony 299 00:25:11,277 --> 00:25:12,878 as we celebrate the Groundbreaking of our new colony Park health and wellness center, 300 00:25:12,878 --> 00:25:14,814 groundbreaking of our new colony Park health and wellness center, Which will expand after quite 301 00:25:14,814 --> 00:25:17,584 park health and wellness center, Which will expand after quite Some time, keeping a promise to 302 00:25:17,584 --> 00:25:19,352 which will expand after quite Some time, keeping a promise to Expand access to care and 303 00:25:19,352 --> 00:25:20,887 some time, keeping a promise to Expand access to care and Community resources in northeast 304 00:25:20,887 --> 00:25:21,520 expand access to care and Community resources in northeast Travis county. 305 00:25:21,520 --> 00:25:23,990 community resources in northeast Travis county. Really important work, so I just 306 00:25:23,990 --> 00:25:25,558 travis county. Really important work, so I just Want to make sure to to start 307 00:25:25,558 --> 00:25:27,159 really important work, so I just Want to make sure to to start With gratitude for the many ways 308 00:25:27,159 --> 00:25:28,561 want to make sure to to start With gratitude for the many ways Each of you are leading in our 309 00:25:28,561 --> 00:25:30,129 with gratitude for the many ways Each of you are leading in our Community and partnering with us 310 00:25:30,129 --> 00:25:32,531 each of you are leading in our Community and partnering with us In this important work. 311 00:25:32,531 --> 00:25:33,733 community and partnering with us In this important work. We‘re also aware that you‘ve 312 00:25:33,733 --> 00:25:36,036 in this important work. We‘re also aware that you‘ve Asked us to share data on key 313 00:25:36,036 --> 00:25:37,503 we‘re also aware that you‘ve Asked us to share data on key Metrics that demonstrate central 314 00:25:37,503 --> 00:25:38,171 asked us to share data on key Metrics that demonstrate central Health‘s growth. 315 00:25:38,171 --> 00:25:40,406 metrics that demonstrate central Health‘s growth. You‘ve referred to a delta 316 00:25:40,406 --> 00:25:41,774 health‘s growth. You‘ve referred to a delta Report several times. 317 00:25:41,774 --> 00:25:43,310 you‘ve referred to a delta Report several times. Commissioner travillion. 318 00:25:43,310 --> 00:25:44,378 report several times. Commissioner travillion. We want to know that you were 319 00:25:44,378 --> 00:25:45,512 commissioner travillion. We want to know that you were Listening carefully, and we‘re 320 00:25:45,512 --> 00:25:46,546 we want to know that you were Listening carefully, and we‘re Going to begin by walking 321 00:25:46,546 --> 00:25:48,314 listening carefully, and we‘re Going to begin by walking Through a couple of graphs that 322 00:25:48,314 --> 00:25:49,382 going to begin by walking Through a couple of graphs that Help tell that story. 323 00:25:49,382 --> 00:25:51,952 through a couple of graphs that Help tell that story. So this is the first graph. 324 00:25:51,952 --> 00:25:55,321 help tell that story. So this is the first graph. It‘s a data on coverage 325 00:25:55,321 --> 00:25:57,156 so this is the first graph. It‘s a data on coverage Enrollment over multiple years 326 00:25:57,156 --> 00:26:00,627 it‘s a data on coverage Enrollment over multiple years From 2018 to present in the last 327 00:26:00,627 --> 00:26:01,928 enrollment over multiple years From 2018 to present in the last Year, a medical access program 328 00:26:01,928 --> 00:26:05,831 from 2018 to present in the last Year, a medical access program Grew by about 7% from about 329 00:26:05,831 --> 00:26:08,300 year, a medical access program Grew by about 7% from about 59,000 enrollees to 63,000 330 00:26:08,300 --> 00:26:08,567 grew by about 7% from about 59,000 enrollees to 63,000 Enrollees. 331 00:26:08,567 --> 00:26:10,604 59,000 enrollees to 63,000 Enrollees. Those are 24 to 25 numbers. 332 00:26:10,604 --> 00:26:14,341 enrollees. Those are 24 to 25 numbers. But since 2021 to 2025, we‘ve 333 00:26:14,341 --> 00:26:18,477 those are 24 to 25 numbers. But since 2021 to 2025, we‘ve Seen a 34% growth from 47,000 334 00:26:18,477 --> 00:26:20,414 but since 2021 to 2025, we‘ve Seen a 34% growth from 47,000 Members to 63,000 members. 335 00:26:20,414 --> 00:26:22,848 seen a 34% growth from 47,000 Members to 63,000 members. One note this is our map program 336 00:26:22,848 --> 00:26:25,452 members to 63,000 members. One note this is our map program Only, not our map basic program, 337 00:26:25,452 --> 00:26:27,753 one note this is our map program Only, not our map basic program, Which has another approximately 338 00:26:27,753 --> 00:26:29,088 only, not our map basic program, Which has another approximately 40 50,000 patients in it. 339 00:26:29,088 --> 00:26:31,691 which has another approximately 40 50,000 patients in it. We‘re still working to 340 00:26:31,691 --> 00:26:32,659 40 50,000 patients in it. We‘re still working to Deduplicate that data, and we‘ll 341 00:26:32,659 --> 00:26:33,794 we‘re still working to Deduplicate that data, and we‘ll Report it out to the court. 342 00:26:33,794 --> 00:26:35,895 deduplicate that data, and we‘ll Report it out to the court. Once you make sure the data are 343 00:26:35,895 --> 00:26:36,395 report it out to the court. Once you make sure the data are Absolutely clean. 344 00:26:36,395 --> 00:26:38,564 once you make sure the data are Absolutely clean. Although it‘s not pictured on 345 00:26:38,564 --> 00:26:40,132 absolutely clean. Although it‘s not pictured on This graph, we‘ve also seen 346 00:26:40,132 --> 00:26:43,202 although it‘s not pictured on This graph, we‘ve also seen Nearly 3% growth in our 347 00:26:43,202 --> 00:26:44,337 this graph, we‘ve also seen Nearly 3% growth in our Medicaid, medicare chip and 348 00:26:44,337 --> 00:26:45,806 nearly 3% growth in our Medicaid, medicare chip and Commercial insurance patients in 349 00:26:45,806 --> 00:26:46,273 medicaid, medicare chip and Commercial insurance patients in Our clinics. 350 00:26:46,273 --> 00:26:48,708 commercial insurance patients in Our clinics. That‘s an increase of about 5000 351 00:26:48,708 --> 00:26:48,975 our clinics. That‘s an increase of about 5000 Patients. 352 00:26:48,975 --> 00:26:50,844 that‘s an increase of about 5000 Patients. And sendero health plans have 353 00:26:50,844 --> 00:26:54,047 patients. And sendero health plans have Grown by about 35% over the last 354 00:26:54,047 --> 00:26:54,246 and sendero health plans have Grown by about 35% over the last Year. 355 00:26:54,246 --> 00:26:56,682 grown by about 35% over the last Year. Next slide please. 356 00:26:56,682 --> 00:26:59,084 year. Next slide please. This second graph shows the 357 00:26:59,084 --> 00:27:00,352 next slide please. This second graph shows the Number of patients we are 358 00:27:00,352 --> 00:27:01,754 this second graph shows the Number of patients we are Serving in travis county. 359 00:27:01,754 --> 00:27:04,124 number of patients we are Serving in travis county. Same time frame as the previous 360 00:27:04,124 --> 00:27:04,324 serving in travis county. Same time frame as the previous Graph. 361 00:27:04,324 --> 00:27:06,493 same time frame as the previous Graph. And as you can see in the last 362 00:27:06,493 --> 00:27:09,996 graph. And as you can see in the last Year, we served nearly 184,000 363 00:27:09,996 --> 00:27:12,131 and as you can see in the last Year, we served nearly 184,000 Patients, a little more than a 364 00:27:12,131 --> 00:27:14,200 year, we served nearly 184,000 Patients, a little more than a 7% increase over 2024. 365 00:27:14,200 --> 00:27:17,169 patients, a little more than a 7% increase over 2024. And then comparing to 2021, the 366 00:27:17,169 --> 00:27:18,604 7% increase over 2024. And then comparing to 2021, the Total number of patients 367 00:27:18,604 --> 00:27:24,176 and then comparing to 2021, the Total number of patients Increased by 25% from. 368 00:27:24,176 --> 00:27:24,644 total number of patients Increased by 25% from. 147,000 to 184,000. 369 00:27:24,644 --> 00:27:27,414 increased by 25% from. 147,000 to 184,000. So this this growth in number of 370 00:27:27,414 --> 00:27:29,316 147,000 to 184,000. So this this growth in number of Patients, also part of a broader 371 00:27:29,316 --> 00:27:30,617 so this this growth in number of Patients, also part of a broader Trend when you look at primary 372 00:27:30,617 --> 00:27:32,284 patients, also part of a broader Trend when you look at primary Care visits across central 373 00:27:32,284 --> 00:27:33,553 trend when you look at primary Care visits across central Health network, those have also 374 00:27:33,553 --> 00:27:36,022 care visits across central Health network, those have also Grown by 34% since 2021. 375 00:27:36,022 --> 00:27:38,257 health network, those have also Grown by 34% since 2021. Now we know that increasing 376 00:27:38,257 --> 00:27:39,860 grown by 34% since 2021. Now we know that increasing Access to care is not just about 377 00:27:39,860 --> 00:27:41,193 now we know that increasing Access to care is not just about More appointments. 378 00:27:41,193 --> 00:27:43,496 access to care is not just about More appointments. It‘s also making care easier to 379 00:27:43,496 --> 00:27:45,365 more appointments. It‘s also making care easier to Reach, navigate, and use. 380 00:27:45,365 --> 00:27:48,235 it‘s also making care easier to Reach, navigate, and use. Some examples of that include 381 00:27:48,235 --> 00:27:49,936 reach, navigate, and use. Some examples of that include Medication delivery that we now 382 00:27:49,936 --> 00:27:51,737 some examples of that include Medication delivery that we now Offer within the meds to you. 383 00:27:51,737 --> 00:27:53,039 medication delivery that we now Offer within the meds to you. For qualifying patients. 384 00:27:53,039 --> 00:27:54,841 offer within the meds to you. For qualifying patients. We also help provide 385 00:27:54,841 --> 00:27:56,642 for qualifying patients. We also help provide Transportation to appointments 386 00:27:56,642 --> 00:27:58,811 we also help provide Transportation to appointments With partners like capmetro and 387 00:27:58,811 --> 00:28:00,347 transportation to appointments With partners like capmetro and Lyft, and we do this for many of 388 00:28:00,347 --> 00:28:01,081 with partners like capmetro and Lyft, and we do this for many of Our patients. 389 00:28:01,081 --> 00:28:03,583 lyft, and we do this for many of Our patients. We can serve patients in any 390 00:28:03,583 --> 00:28:05,118 our patients. We can serve patients in any Language, and we offer evening 391 00:28:05,118 --> 00:28:06,986 we can serve patients in any Language, and we offer evening And saturday hours for a number 392 00:28:06,986 --> 00:28:08,121 language, and we offer evening And saturday hours for a number Of our services. 393 00:28:08,121 --> 00:28:10,490 and saturday hours for a number Of our services. And finally, we have recently 394 00:28:10,490 --> 00:28:12,324 of our services. And finally, we have recently Piloted several educational 395 00:28:12,324 --> 00:28:14,060 and finally, we have recently Piloted several educational Programs at our rosa zaragoza 396 00:28:14,060 --> 00:28:15,794 piloted several educational Programs at our rosa zaragoza Clinic for patients living with 397 00:28:15,794 --> 00:28:17,564 programs at our rosa zaragoza Clinic for patients living with Chronic illnesses such as 398 00:28:17,564 --> 00:28:18,999 clinic for patients living with Chronic illnesses such as Diabetes, kidney disease, and 399 00:28:18,999 --> 00:28:19,966 chronic illnesses such as Diabetes, kidney disease, and Congestive heart failure. 400 00:28:19,966 --> 00:28:21,101 diabetes, kidney disease, and Congestive heart failure. I want to highlight these for a 401 00:28:21,101 --> 00:28:21,334 congestive heart failure. I want to highlight these for a Moment. 402 00:28:21,334 --> 00:28:22,835 I want to highlight these for a Moment. These programs are designed to 403 00:28:22,835 --> 00:28:25,504 moment. These programs are designed to Make care easier to navigate by 404 00:28:25,504 --> 00:28:26,939 these programs are designed to Make care easier to navigate by Bringing multiple members of the 405 00:28:26,939 --> 00:28:29,308 make care easier to navigate by Bringing multiple members of the Care team together in one visit, 406 00:28:29,308 --> 00:28:31,176 bringing multiple members of the Care team together in one visit, Patients may see their provider, 407 00:28:31,176 --> 00:28:33,379 care team together in one visit, Patients may see their provider, Their nurse, their pharmacist, 408 00:28:33,379 --> 00:28:34,780 patients may see their provider, Their nurse, their pharmacist, And their diabetes educator 409 00:28:34,780 --> 00:28:35,982 their nurse, their pharmacist, And their diabetes educator During the same appointment. 410 00:28:35,982 --> 00:28:37,182 and their diabetes educator During the same appointment. Instead of having to return 411 00:28:37,182 --> 00:28:39,919 during the same appointment. Instead of having to return Multiple times, we also launched 412 00:28:39,919 --> 00:28:42,321 instead of having to return Multiple times, we also launched A chronic kidney chronic kidney 413 00:28:42,321 --> 00:28:45,725 multiple times, we also launched A chronic kidney chronic kidney Disease day program in may for 414 00:28:45,725 --> 00:28:46,892 a chronic kidney chronic kidney Disease day program in may for Patients where our launch 415 00:28:46,892 --> 00:28:48,260 disease day program in may for Patients where our launch Cohort, all of whom provided 416 00:28:48,260 --> 00:28:48,995 patients where our launch Cohort, all of whom provided Great feedback. 417 00:28:48,995 --> 00:28:50,729 cohort, all of whom provided Great feedback. One of these patients said this 418 00:28:50,729 --> 00:28:52,432 great feedback. One of these patients said this Was the best and easiest to 419 00:28:52,432 --> 00:28:54,000 one of these patients said this Was the best and easiest to Understand education he had 420 00:28:54,000 --> 00:28:55,067 was the best and easiest to Understand education he had Received on his condition. 421 00:28:55,067 --> 00:28:57,037 understand education he had Received on his condition. In more than 40 years of 422 00:28:57,037 --> 00:28:58,304 received on his condition. In more than 40 years of Managing his chronic kidney 423 00:28:58,304 --> 00:28:58,537 in more than 40 years of Managing his chronic kidney Disease. 424 00:28:58,537 --> 00:29:01,141 managing his chronic kidney Disease. Our diabetes group classes are 425 00:29:01,141 --> 00:29:02,875 disease. Our diabetes group classes are Also underway, which serve up to 426 00:29:02,875 --> 00:29:04,344 our diabetes group classes are Also underway, which serve up to Eight patients per session, 427 00:29:04,344 --> 00:29:06,479 also underway, which serve up to Eight patients per session, Focusing on practical skills 428 00:29:06,479 --> 00:29:08,615 eight patients per session, Focusing on practical skills Like nutrition, blood sugar 429 00:29:08,615 --> 00:29:10,083 focusing on practical skills Like nutrition, blood sugar Management, day to day disease 430 00:29:10,083 --> 00:29:11,550 like nutrition, blood sugar Management, day to day disease Management and for our patients 431 00:29:11,550 --> 00:29:13,019 management, day to day disease Management and for our patients With chronic kidney disease or 432 00:29:13,019 --> 00:29:13,986 management and for our patients With chronic kidney disease or Congestive heart failure. 433 00:29:13,986 --> 00:29:15,989 with chronic kidney disease or Congestive heart failure. We‘re also building in one on 434 00:29:15,989 --> 00:29:18,158 congestive heart failure. We‘re also building in one on One education with nurse 435 00:29:18,158 --> 00:29:19,925 we‘re also building in one on One education with nurse Educators so they can tailor 436 00:29:19,925 --> 00:29:21,760 one education with nurse Educators so they can tailor That advice to each patient‘s 437 00:29:21,760 --> 00:29:22,628 educators so they can tailor That advice to each patient‘s Condition and needs. 438 00:29:22,628 --> 00:29:24,496 that advice to each patient‘s Condition and needs. We know a lot of this work is 439 00:29:24,496 --> 00:29:26,398 condition and needs. We know a lot of this work is Still emergent, but it‘s exactly 440 00:29:26,398 --> 00:29:28,601 we know a lot of this work is Still emergent, but it‘s exactly The kind of prevention focused 441 00:29:28,601 --> 00:29:29,969 still emergent, but it‘s exactly The kind of prevention focused Care that can help our patients 442 00:29:29,969 --> 00:29:31,671 the kind of prevention focused Care that can help our patients Feel more confident, improve 443 00:29:31,671 --> 00:29:33,906 care that can help our patients Feel more confident, improve Their health, reduce avoidable 444 00:29:33,906 --> 00:29:35,375 feel more confident, improve Their health, reduce avoidable Emergency department hospital 445 00:29:35,375 --> 00:29:37,310 their health, reduce avoidable Emergency department hospital Use in our community, and 446 00:29:37,310 --> 00:29:39,979 emergency department hospital Use in our community, and Represents whole person care for 447 00:29:39,979 --> 00:29:40,412 use in our community, and Represents whole person care for Our patients. 448 00:29:40,412 --> 00:29:43,083 represents whole person care for Our patients. One size fits one as we bring 449 00:29:43,083 --> 00:29:44,317 our patients. One size fits one as we bring Those islands of care together. 450 00:29:44,317 --> 00:29:47,753 one size fits one as we bring Those islands of care together. So with that, I want to turn to 451 00:29:47,753 --> 00:29:50,155 those islands of care together. So with that, I want to turn to The next slide as I begin. 452 00:29:50,155 --> 00:29:50,689 so with that, I want to turn to The next slide as I begin. I‘m sorry. 453 00:29:50,689 --> 00:29:53,459 the next slide as I begin. I‘m sorry. As I hand over to j.p. And 454 00:29:53,459 --> 00:29:54,628 I‘m sorry. As I hand over to j.p. And Justine to give us a preview. 455 00:29:54,628 --> 00:29:56,362 as I hand over to j.p. And Justine to give us a preview. >> please, before you hand it 456 00:29:56,362 --> 00:29:59,598 justine to give us a preview. >> please, before you hand it Over, I asked you a question 457 00:29:59,598 --> 00:30:01,200 >> please, before you hand it Over, I asked you a question Publicly last time, so I want to 458 00:30:01,200 --> 00:30:03,436 over, I asked you a question Publicly last time, so I want to Thank you publicly for 459 00:30:03,436 --> 00:30:03,736 publicly last time, so I want to Thank you publicly for Responding. 460 00:30:03,736 --> 00:30:07,006 thank you publicly for Responding. Asked you about how we could 461 00:30:07,006 --> 00:30:09,175 responding. Asked you about how we could Identify the locations for all 462 00:30:09,175 --> 00:30:11,678 asked you about how we could Identify the locations for all Of the clinics, and then the 463 00:30:11,678 --> 00:30:13,345 identify the locations for all Of the clinics, and then the Busses and other apparatus that 464 00:30:13,345 --> 00:30:15,581 of the clinics, and then the Busses and other apparatus that Could get people to those 465 00:30:15,581 --> 00:30:15,848 busses and other apparatus that Could get people to those Locations. 466 00:30:15,848 --> 00:30:17,918 could get people to those Locations. Your team sent that to us. 467 00:30:17,918 --> 00:30:19,919 locations. Your team sent that to us. It is now up on our facebook 468 00:30:19,919 --> 00:30:24,090 your team sent that to us. It is now up on our facebook Site, but we appreciate making 469 00:30:24,090 --> 00:30:26,459 it is now up on our facebook Site, but we appreciate making Things easier for the community. 470 00:30:26,459 --> 00:30:27,693 site, but we appreciate making Things easier for the community. And I‘d like to talk to you 471 00:30:27,693 --> 00:30:28,827 things easier for the community. And I‘d like to talk to you About in the future. 472 00:30:28,827 --> 00:30:30,897 and I‘d like to talk to you About in the future. It‘s good to know that we can 473 00:30:30,897 --> 00:30:32,799 about in the future. It‘s good to know that we can Get there with public 474 00:30:32,799 --> 00:30:35,301 it‘s good to know that we can Get there with public Transportation, but sometimes 475 00:30:35,301 --> 00:30:37,070 get there with public Transportation, but sometimes Some of our elderly community 476 00:30:37,070 --> 00:30:39,672 transportation, but sometimes Some of our elderly community Might be a little apprehensive 477 00:30:39,672 --> 00:30:39,939 some of our elderly community Might be a little apprehensive About it. 478 00:30:39,939 --> 00:30:41,608 might be a little apprehensive About it. So I want to talk about how we 479 00:30:41,608 --> 00:30:43,009 about it. So I want to talk about how we Talk to the public, about 480 00:30:43,009 --> 00:30:45,311 so I want to talk about how we Talk to the public, about Getting there and what resources 481 00:30:45,311 --> 00:30:49,115 talk to the public, about Getting there and what resources Like pickup and or, or metro 482 00:30:49,115 --> 00:30:50,550 getting there and what resources Like pickup and or, or metro Access might be available to 483 00:30:50,550 --> 00:30:52,885 like pickup and or, or metro Access might be available to Them to make it easier for them 484 00:30:52,885 --> 00:30:54,787 access might be available to Them to make it easier for them And to begin to educate folks on 485 00:30:54,787 --> 00:30:55,522 them to make it easier for them And to begin to educate folks on How to use it. 486 00:30:55,522 --> 00:30:57,290 and to begin to educate folks on How to use it. So thank you for the work that 487 00:30:57,290 --> 00:30:58,023 how to use it. So thank you for the work that You‘ve put in. 488 00:30:58,023 --> 00:30:59,692 so thank you for the work that You‘ve put in. You did what you said you were 489 00:30:59,692 --> 00:31:00,960 you‘ve put in. You did what you said you were Going to do, and we appreciate 490 00:31:00,960 --> 00:31:01,128 you did what you said you were Going to do, and we appreciate It. 491 00:31:01,128 --> 00:31:01,527 going to do, and we appreciate It. >> thank you sir. 492 00:31:01,527 --> 00:31:02,128 it. >> thank you sir. Appreciate you. 493 00:31:02,128 --> 00:31:03,797 >> thank you sir. Appreciate you. >> and I just have a quick 494 00:31:03,797 --> 00:31:04,698 appreciate you. >> and I just have a quick Question, and I really want to 495 00:31:04,698 --> 00:31:06,632 >> and I just have a quick Question, and I really want to Emphasize some of these numbers 496 00:31:06,632 --> 00:31:08,668 question, and I really want to Emphasize some of these numbers At a time when we‘re we‘re 497 00:31:08,668 --> 00:31:10,436 emphasize some of these numbers At a time when we‘re we‘re Hearing more and more news about 498 00:31:10,436 --> 00:31:12,973 at a time when we‘re we‘re Hearing more and more news about Federal funding being cut for 499 00:31:12,973 --> 00:31:14,807 hearing more and more news about Federal funding being cut for Medicaid and for all kinds of 500 00:31:14,807 --> 00:31:15,642 federal funding being cut for Medicaid and for all kinds of Services and programs. 501 00:31:15,642 --> 00:31:19,813 medicaid and for all kinds of Services and programs. You are expanding access through 502 00:31:19,813 --> 00:31:22,648 services and programs. You are expanding access through Map and increasing the number of 503 00:31:22,648 --> 00:31:23,949 you are expanding access through Map and increasing the number of Patients you‘re serving. 504 00:31:23,949 --> 00:31:24,784 map and increasing the number of Patients you‘re serving. And I wanted to make sure I got 505 00:31:24,784 --> 00:31:26,585 patients you‘re serving. And I wanted to make sure I got The sendero growth number right, 506 00:31:26,585 --> 00:31:27,486 and I wanted to make sure I got The sendero growth number right, Because these other numbers have 507 00:31:27,486 --> 00:31:29,556 the sendero growth number right, Because these other numbers have Been from 21 through 25. 508 00:31:29,556 --> 00:31:31,858 because these other numbers have Been from 21 through 25. Sendero was just since last year 509 00:31:31,858 --> 00:31:32,091 been from 21 through 25. Sendero was just since last year Correct. 510 00:31:32,091 --> 00:31:32,793 sendero was just since last year Correct. The growth number. 511 00:31:32,793 --> 00:31:33,425 correct. The growth number. And what was that? 512 00:31:33,425 --> 00:31:36,595 the growth number. And what was that? >> 35% since last year. 513 00:31:36,595 --> 00:31:40,367 and what was that? >> 35% since last year. And about 500% since 2021, I 514 00:31:40,367 --> 00:31:40,600 >> 35% since last year. And about 500% since 2021, I Believe. 515 00:31:40,600 --> 00:31:41,902 and about 500% since 2021, I Believe. >> yes. 516 00:31:41,902 --> 00:31:43,736 believe. >> yes. We started commissioner shea. 517 00:31:43,736 --> 00:31:47,240 >> yes. We started commissioner shea. We started in 2020 23. 518 00:31:47,240 --> 00:31:50,343 we started commissioner shea. We started in 2020 23. We were at 6000, and now we‘re 519 00:31:50,343 --> 00:31:51,844 we started in 2020 23. We were at 6000, and now we‘re Over 35,000. 520 00:31:51,844 --> 00:31:54,381 we were at 6000, and now we‘re Over 35,000. >> I mean, I just think that‘s 521 00:31:54,381 --> 00:31:55,281 over 35,000. >> I mean, I just think that‘s Remarkable and should be 522 00:31:55,281 --> 00:31:56,682 >> I mean, I just think that‘s Remarkable and should be Celebrated because that means 523 00:31:56,682 --> 00:31:57,918 remarkable and should be Celebrated because that means More people in our community 524 00:31:57,918 --> 00:31:59,219 celebrated because that means More people in our community Have access to health care and 525 00:31:59,219 --> 00:32:00,152 more people in our community Have access to health care and Health insurance. 526 00:32:00,152 --> 00:32:02,621 have access to health care and Health insurance. So congratulations. 527 00:32:02,621 --> 00:32:04,124 health insurance. So congratulations. That‘s remarkable. 528 00:32:04,124 --> 00:32:07,960 so congratulations. That‘s remarkable. >> thank you commissioner. 529 00:32:07,960 --> 00:32:08,227 that‘s remarkable. >> thank you commissioner. All right. 530 00:32:08,227 --> 00:32:09,996 >> thank you commissioner. All right. So I‘ll hand it over to j.p. And 531 00:32:09,996 --> 00:32:11,831 all right. So I‘ll hand it over to j.p. And Justine to walk us through some 532 00:32:11,831 --> 00:32:12,499 so I‘ll hand it over to j.p. And Justine to walk us through some Highlights from our annual 533 00:32:12,499 --> 00:32:12,732 justine to walk us through some Highlights from our annual Report. 534 00:32:12,732 --> 00:32:13,567 highlights from our annual Report. >> great. 535 00:32:13,567 --> 00:32:13,899 report. >> great. Next slide. 536 00:32:13,899 --> 00:32:16,368 >> great. Next slide. Please. 537 00:32:16,368 --> 00:32:18,071 next slide. Please. Thank you, commissioners, for 538 00:32:18,071 --> 00:32:19,004 please. Thank you, commissioners, for Having us here today. 539 00:32:19,004 --> 00:32:20,372 thank you, commissioners, for Having us here today. It‘s a real privilege to be able 540 00:32:20,372 --> 00:32:21,740 having us here today. It‘s a real privilege to be able To share with you the central 541 00:32:21,740 --> 00:32:23,642 it‘s a real privilege to be able To share with you the central Health 2025 annual report. 542 00:32:23,642 --> 00:32:25,311 to share with you the central Health 2025 annual report. And I believe we brought hard 543 00:32:25,311 --> 00:32:26,378 health 2025 annual report. And I believe we brought hard Copies for you as well. 544 00:32:26,378 --> 00:32:28,615 and I believe we brought hard Copies for you as well. The format should immediately 545 00:32:28,615 --> 00:32:30,550 copies for you as well. The format should immediately Look familiar in comparison to 546 00:32:30,550 --> 00:32:31,450 the format should immediately Look familiar in comparison to Last year‘s. 547 00:32:31,450 --> 00:32:33,486 look familiar in comparison to Last year‘s. We used a very similar patient 548 00:32:33,486 --> 00:32:35,155 last year‘s. We used a very similar patient Focused visual format with 549 00:32:35,155 --> 00:32:37,691 we used a very similar patient Focused visual format with Large, patient centered photo 550 00:32:37,691 --> 00:32:39,659 focused visual format with Large, patient centered photo Spreads and the quantifiable 551 00:32:39,659 --> 00:32:39,860 large, patient centered photo Spreads and the quantifiable Data. 552 00:32:39,860 --> 00:32:40,627 spreads and the quantifiable Data. The numbers that we‘re just 553 00:32:40,627 --> 00:32:42,462 data. The numbers that we‘re just Talking about is intertwined 554 00:32:42,462 --> 00:32:44,129 the numbers that we‘re just Talking about is intertwined With even more real patient and 555 00:32:44,129 --> 00:32:45,898 talking about is intertwined With even more real patient and Provider stories versus last 556 00:32:45,898 --> 00:32:46,098 with even more real patient and Provider stories versus last Year. 557 00:32:46,098 --> 00:32:48,168 provider stories versus last Year. Each spread in the report 558 00:32:48,168 --> 00:32:49,502 year. Each spread in the report Features a different major 559 00:32:49,502 --> 00:32:50,871 each spread in the report Features a different major Program element, and the 560 00:32:50,871 --> 00:32:53,039 features a different major Program element, and the Overarching theme for the 2025 561 00:32:53,039 --> 00:32:55,108 program element, and the Overarching theme for the 2025 Report is system transformation, 562 00:32:55,108 --> 00:32:57,611 overarching theme for the 2025 Report is system transformation, Or more specifically, how we 563 00:32:57,611 --> 00:32:58,445 report is system transformation, Or more specifically, how we Communitycare sendero health 564 00:32:58,445 --> 00:33:00,112 or more specifically, how we Communitycare sendero health Plans and central health are 565 00:33:00,112 --> 00:33:01,982 communitycare sendero health Plans and central health are Becoming one fully integrated 566 00:33:01,982 --> 00:33:02,415 plans and central health are Becoming one fully integrated Health system. 567 00:33:02,415 --> 00:33:02,983 becoming one fully integrated Health system. Now. 568 00:33:02,983 --> 00:33:05,284 health system. Now. Integration in health care can 569 00:33:05,284 --> 00:33:06,820 now. Integration in health care can Mean a lot of different things. 570 00:33:06,820 --> 00:33:07,987 integration in health care can Mean a lot of different things. It‘s a really large blanket 571 00:33:07,987 --> 00:33:08,188 mean a lot of different things. It‘s a really large blanket Term. 572 00:33:08,188 --> 00:33:10,223 it‘s a really large blanket Term. We can be talking about unifying 573 00:33:10,223 --> 00:33:11,925 term. We can be talking about unifying Budgets, coordinating continuity 574 00:33:11,925 --> 00:33:13,760 we can be talking about unifying Budgets, coordinating continuity Of care through seamless 575 00:33:13,760 --> 00:33:14,361 budgets, coordinating continuity Of care through seamless Operations and the patient 576 00:33:14,361 --> 00:33:14,594 of care through seamless Operations and the patient Journey. 577 00:33:14,594 --> 00:33:15,996 operations and the patient Journey. Patient handoffs. 578 00:33:15,996 --> 00:33:17,963 journey. Patient handoffs. It can mean sharing data so that 579 00:33:17,963 --> 00:33:20,100 patient handoffs. It can mean sharing data so that We can actually get that 580 00:33:20,100 --> 00:33:21,101 it can mean sharing data so that We can actually get that Informative picture of a 581 00:33:21,101 --> 00:33:21,767 we can actually get that Informative picture of a Patient‘s health. 582 00:33:21,767 --> 00:33:23,303 informative picture of a Patient‘s health. That‘s so critical for driving 583 00:33:23,303 --> 00:33:24,537 patient‘s health. That‘s so critical for driving Provider decision making. 584 00:33:24,537 --> 00:33:26,939 that‘s so critical for driving Provider decision making. And it all starts at the outset. 585 00:33:26,939 --> 00:33:29,108 provider decision making. And it all starts at the outset. Collaborative strategic planning 586 00:33:29,108 --> 00:33:30,877 and it all starts at the outset. Collaborative strategic planning And solidarity and leadership, 587 00:33:30,877 --> 00:33:32,077 collaborative strategic planning And solidarity and leadership, Something I think our system has 588 00:33:32,077 --> 00:33:33,580 and solidarity and leadership, Something I think our system has Really exemplified in the last 589 00:33:33,580 --> 00:33:34,681 something I think our system has Really exemplified in the last Year as we‘ve learned to work 590 00:33:34,681 --> 00:33:35,982 really exemplified in the last Year as we‘ve learned to work More closely together. 591 00:33:35,982 --> 00:33:38,851 year as we‘ve learned to work More closely together. For us, specifically in 2025, it 592 00:33:38,851 --> 00:33:39,952 more closely together. For us, specifically in 2025, it Looks like these bullets that 593 00:33:39,952 --> 00:33:41,621 for us, specifically in 2025, it Looks like these bullets that You see here on the slides, a 594 00:33:41,621 --> 00:33:43,990 looks like these bullets that You see here on the slides, a Unified $1.1 billion budget with 595 00:33:43,990 --> 00:33:44,958 you see here on the slides, a Unified $1.1 billion budget with Community care and central 596 00:33:44,958 --> 00:33:47,093 unified $1.1 billion budget with Community care and central Health, seamless transition and 597 00:33:47,093 --> 00:33:48,260 community care and central Health, seamless transition and Coverage between central health 598 00:33:48,260 --> 00:33:49,462 health, seamless transition and Coverage between central health And sendero health plans. 599 00:33:49,462 --> 00:33:51,064 coverage between central health And sendero health plans. So, for instance, when a patient 600 00:33:51,064 --> 00:33:53,300 and sendero health plans. So, for instance, when a patient Has a very complex medical 601 00:33:53,300 --> 00:33:54,433 so, for instance, when a patient Has a very complex medical Condition and may not have all 602 00:33:54,433 --> 00:33:56,702 has a very complex medical Condition and may not have all Of their needs met by map or map 603 00:33:56,702 --> 00:33:58,537 condition and may not have all Of their needs met by map or map Basic, we can get them on a 604 00:33:58,537 --> 00:33:59,472 of their needs met by map or map Basic, we can get them on a Sendero health plan where they 605 00:33:59,472 --> 00:34:00,139 basic, we can get them on a Sendero health plan where they Can get that coverage. 606 00:34:00,139 --> 00:34:02,442 sendero health plan where they Can get that coverage. Things like cancer or organ 607 00:34:02,442 --> 00:34:02,742 can get that coverage. Things like cancer or organ Transplant. 608 00:34:02,742 --> 00:34:04,710 things like cancer or organ Transplant. It looks like a unified 609 00:34:04,710 --> 00:34:05,544 transplant. It looks like a unified Electronic health record. 610 00:34:05,544 --> 00:34:08,047 it looks like a unified Electronic health record. So our shared epic ecosystem 611 00:34:08,047 --> 00:34:09,316 electronic health record. So our shared epic ecosystem Where we can make sense of each 612 00:34:09,316 --> 00:34:11,151 so our shared epic ecosystem Where we can make sense of each Other‘s data and use that to 613 00:34:11,151 --> 00:34:12,618 where we can make sense of each Other‘s data and use that to Guide the patient journey and 614 00:34:12,618 --> 00:34:13,753 other‘s data and use that to Guide the patient journey and Our decision making. 615 00:34:13,753 --> 00:34:15,621 guide the patient journey and Our decision making. And it looks like co-location. 616 00:34:15,621 --> 00:34:16,790 our decision making. And it looks like co-location. So the shared space at hancock, 617 00:34:16,790 --> 00:34:18,557 and it looks like co-location. So the shared space at hancock, Which we were just talking about 618 00:34:18,557 --> 00:34:20,060 so the shared space at hancock, Which we were just talking about Having opened, and soon as we 619 00:34:20,060 --> 00:34:21,361 which we were just talking about Having opened, and soon as we Move, more supportive and 620 00:34:21,361 --> 00:34:22,495 having opened, and soon as we Move, more supportive and Administrative staff over there, 621 00:34:22,495 --> 00:34:23,729 move, more supportive and Administrative staff over there, We‘ll be working together even 622 00:34:23,729 --> 00:34:26,131 administrative staff over there, We‘ll be working together even More closely in terms of 623 00:34:26,131 --> 00:34:26,432 we‘ll be working together even More closely in terms of Co-location. 624 00:34:26,432 --> 00:34:29,002 more closely in terms of Co-location. Next slide please. 625 00:34:29,002 --> 00:34:31,171 co-location. Next slide please. Central health also continues 626 00:34:31,171 --> 00:34:32,739 next slide please. Central health also continues The work of trying to end the 627 00:34:32,739 --> 00:34:34,607 central health also continues The work of trying to end the Opioid addiction crisis and 628 00:34:34,607 --> 00:34:36,509 the work of trying to end the Opioid addiction crisis and Doing so through trusted 629 00:34:36,509 --> 00:34:37,676 opioid addiction crisis and Doing so through trusted Partnerships, sustained 630 00:34:37,676 --> 00:34:39,245 doing so through trusted Partnerships, sustained Investment, evidence based best 631 00:34:39,245 --> 00:34:41,114 partnerships, sustained Investment, evidence based best Practices and workforce 632 00:34:41,114 --> 00:34:41,414 investment, evidence based best Practices and workforce Development. 633 00:34:41,414 --> 00:34:43,148 practices and workforce Development. Our integrated care models bring 634 00:34:43,148 --> 00:34:45,050 development. Our integrated care models bring Together addiction medicine, 635 00:34:45,050 --> 00:34:46,486 our integrated care models bring Together addiction medicine, Primary care, behavioral health, 636 00:34:46,486 --> 00:34:47,787 together addiction medicine, Primary care, behavioral health, As well as outreach so that we 637 00:34:47,787 --> 00:34:50,023 primary care, behavioral health, As well as outreach so that we Can holistically treat substance 638 00:34:50,023 --> 00:34:51,624 as well as outreach so that we Can holistically treat substance Use disorder as a chronic a 639 00:34:51,624 --> 00:34:53,625 can holistically treat substance Use disorder as a chronic a Chronic medical condition, and 640 00:34:53,625 --> 00:34:55,128 use disorder as a chronic a Chronic medical condition, and Not something stigmatizing, not 641 00:34:55,128 --> 00:34:56,362 chronic medical condition, and Not something stigmatizing, not A failure on the on the 642 00:34:56,362 --> 00:34:58,230 not something stigmatizing, not A failure on the on the Patient‘s part, the community 643 00:34:58,230 --> 00:34:59,566 a failure on the on the Patient‘s part, the community Care, wellness and holistic 644 00:34:59,566 --> 00:35:01,700 patient‘s part, the community Care, wellness and holistic Addiction medicine, or wam teams 645 00:35:01,700 --> 00:35:03,602 care, wellness and holistic Addiction medicine, or wam teams Really exemplify this approach 646 00:35:03,602 --> 00:35:05,071 addiction medicine, or wam teams Really exemplify this approach By pairing clinical expertise 647 00:35:05,071 --> 00:35:07,307 really exemplify this approach By pairing clinical expertise With that compassionate care and 648 00:35:07,307 --> 00:35:07,607 by pairing clinical expertise With that compassionate care and Continuity. 649 00:35:07,607 --> 00:35:09,074 with that compassionate care and Continuity. There are two wam teams 650 00:35:09,074 --> 00:35:10,409 continuity. There are two wam teams Currently at capital plaza, 651 00:35:10,409 --> 00:35:12,178 there are two wam teams Currently at capital plaza, Which you see here on the slide, 652 00:35:12,178 --> 00:35:13,813 currently at capital plaza, Which you see here on the slide, And then another team at 653 00:35:13,813 --> 00:35:14,881 which you see here on the slide, And then another team at Southeast health and wellness 654 00:35:14,881 --> 00:35:17,384 and then another team at Southeast health and wellness Center, the thrive by sendero is 655 00:35:17,384 --> 00:35:18,385 southeast health and wellness Center, the thrive by sendero is Connecting individuals at high 656 00:35:18,385 --> 00:35:20,686 center, the thrive by sendero is Connecting individuals at high Risk of overdose with medical, 657 00:35:20,686 --> 00:35:22,388 connecting individuals at high Risk of overdose with medical, Behavioral, health and social 658 00:35:22,388 --> 00:35:22,655 risk of overdose with medical, Behavioral, health and social Services. 659 00:35:22,655 --> 00:35:24,958 behavioral, health and social Services. Central health is also expanding 660 00:35:24,958 --> 00:35:26,526 services. Central health is also expanding Access to higher levels of 661 00:35:26,526 --> 00:35:28,128 central health is also expanding Access to higher levels of Addiction medicine and substance 662 00:35:28,128 --> 00:35:28,495 access to higher levels of Addiction medicine and substance Use disorder. 663 00:35:28,495 --> 00:35:31,297 addiction medicine and substance Use disorder. Care for our map and map b 664 00:35:31,297 --> 00:35:32,665 use disorder. Care for our map and map b Enrollees through other 665 00:35:32,665 --> 00:35:33,767 care for our map and map b Enrollees through other Partnerships such as with 666 00:35:33,767 --> 00:35:35,601 enrollees through other Partnerships such as with Recovery unplugged, karma health 667 00:35:35,601 --> 00:35:36,803 partnerships such as with Recovery unplugged, karma health And santa maria hostel. 668 00:35:36,803 --> 00:35:39,439 recovery unplugged, karma health And santa maria hostel. We‘re also building workforce 669 00:35:39,439 --> 00:35:41,807 and santa maria hostel. We‘re also building workforce Capacity through partnerships 670 00:35:41,807 --> 00:35:42,909 we‘re also building workforce Capacity through partnerships Like teach oud, which is a 671 00:35:42,909 --> 00:35:44,710 capacity through partnerships Like teach oud, which is a Partnership with ut farm and 672 00:35:44,710 --> 00:35:46,546 like teach oud, which is a Partnership with ut farm and Austin public health, which 673 00:35:46,546 --> 00:35:48,381 partnership with ut farm and Austin public health, which Provides community care sites 674 00:35:48,381 --> 00:35:50,216 austin public health, which Provides community care sites With free training, technical 675 00:35:50,216 --> 00:35:51,284 provides community care sites With free training, technical Assistance and coaching. 676 00:35:51,284 --> 00:35:53,986 with free training, technical Assistance and coaching. And this community collaboration 677 00:35:53,986 --> 00:35:55,254 assistance and coaching. And this community collaboration Is really important because it 678 00:35:55,254 --> 00:35:56,855 and this community collaboration Is really important because it Allows us to identify gaps in 679 00:35:56,855 --> 00:35:58,658 is really important because it Allows us to identify gaps in The care continuum and to really 680 00:35:58,658 --> 00:36:00,459 allows us to identify gaps in The care continuum and to really Target our resources where 681 00:36:00,459 --> 00:36:02,162 the care continuum and to really Target our resources where They‘re most needed, precisely 682 00:36:02,162 --> 00:36:02,796 target our resources where They‘re most needed, precisely When they‘re needed. 683 00:36:02,796 --> 00:36:04,030 they‘re most needed, precisely When they‘re needed. And this includes the 684 00:36:04,030 --> 00:36:06,566 when they‘re needed. And this includes the Installation of 25 new naloxone 685 00:36:06,566 --> 00:36:08,468 and this includes the Installation of 25 new naloxone Distribution machines throughout 686 00:36:08,468 --> 00:36:09,135 installation of 25 new naloxone Distribution machines throughout Our communities. 687 00:36:09,135 --> 00:36:10,702 distribution machines throughout Our communities. Now, I‘m going to hand it off to 688 00:36:10,702 --> 00:36:12,004 our communities. Now, I‘m going to hand it off to Jp to talk a little bit about 689 00:36:12,004 --> 00:36:13,372 now, I‘m going to hand it off to Jp to talk a little bit about Some of the data points in the 690 00:36:13,372 --> 00:36:13,906 jp to talk a little bit about Some of the data points in the Annual report. 691 00:36:13,906 --> 00:36:14,240 some of the data points in the Annual report. Thank you. 692 00:36:14,240 --> 00:36:16,810 annual report. Thank you. >> capital plaza, the bridge 693 00:36:16,810 --> 00:36:17,043 thank you. >> capital plaza, the bridge Clinic. 694 00:36:17,043 --> 00:36:18,510 >> capital plaza, the bridge Clinic. Or is that something different? 695 00:36:18,510 --> 00:36:21,181 clinic. Or is that something different? >> there are, I think, four 696 00:36:21,181 --> 00:36:23,083 or is that something different? >> there are, I think, four Different services located in 697 00:36:23,083 --> 00:36:24,317 >> there are, I think, four Different services located in Capital plaza, including wam and 698 00:36:24,317 --> 00:36:24,884 different services located in Capital plaza, including wam and The bridge clinic. 699 00:36:24,884 --> 00:36:25,118 capital plaza, including wam and The bridge clinic. >> okay. 700 00:36:25,118 --> 00:36:27,486 the bridge clinic. >> okay. Thank you. 701 00:36:27,486 --> 00:36:29,088 >> okay. Thank you. >> good afternoon. 702 00:36:29,088 --> 00:36:31,891 thank you. >> good afternoon. I want to briefly take a broader 703 00:36:31,891 --> 00:36:33,026 >> good afternoon. I want to briefly take a broader System view and recap some of 704 00:36:33,026 --> 00:36:35,762 I want to briefly take a broader System view and recap some of Our big picture numbers from 705 00:36:35,762 --> 00:36:35,962 system view and recap some of Our big picture numbers from 2025. 706 00:36:35,962 --> 00:36:38,331 our big picture numbers from 2025. Generally, we‘ve continued our 707 00:36:38,331 --> 00:36:40,432 2025. Generally, we‘ve continued our Year over year positive growth 708 00:36:40,432 --> 00:36:41,901 generally, we‘ve continued our Year over year positive growth Of enrolling uninsured and low 709 00:36:41,901 --> 00:36:43,202 year over year positive growth Of enrolling uninsured and low Income residents in health 710 00:36:43,202 --> 00:36:44,671 of enrolling uninsured and low Income residents in health Coverage and getting them into 711 00:36:44,671 --> 00:36:44,871 income residents in health Coverage and getting them into Care. 712 00:36:44,871 --> 00:36:47,206 coverage and getting them into Care. Additionally, we‘ve seen 713 00:36:47,206 --> 00:36:48,774 care. Additionally, we‘ve seen Remarkable rebound since the 714 00:36:48,774 --> 00:36:50,676 additionally, we‘ve seen Remarkable rebound since the Pandemic, despite significant 715 00:36:50,676 --> 00:36:52,445 remarkable rebound since the Pandemic, despite significant Policy headwinds and slowing 716 00:36:52,445 --> 00:36:53,412 pandemic, despite significant Policy headwinds and slowing Population growth. 717 00:36:53,412 --> 00:36:55,348 policy headwinds and slowing Population growth. Our enrollment in patient 718 00:36:55,348 --> 00:36:56,449 population growth. Our enrollment in patient Volumes are higher than they‘ve 719 00:36:56,449 --> 00:36:58,151 our enrollment in patient Volumes are higher than they‘ve Ever been. 720 00:36:58,151 --> 00:37:01,054 volumes are higher than they‘ve Ever been. In 2025, we saw a 7% increase in 721 00:37:01,054 --> 00:37:02,522 ever been. In 2025, we saw a 7% increase in Map enrollment, representing 722 00:37:02,522 --> 00:37:05,057 in 2025, we saw a 7% increase in Map enrollment, representing More than 4000 additional 723 00:37:05,057 --> 00:37:05,324 map enrollment, representing More than 4000 additional Residents. 724 00:37:05,324 --> 00:37:07,459 more than 4000 additional Residents. Our map basic program 725 00:37:07,459 --> 00:37:09,229 residents. Our map basic program Experienced 10% year over year 726 00:37:09,229 --> 00:37:11,097 our map basic program Experienced 10% year over year Growth, an increase of nearly 727 00:37:11,097 --> 00:37:13,500 experienced 10% year over year Growth, an increase of nearly 10,000 new members through 728 00:37:13,500 --> 00:37:15,034 growth, an increase of nearly 10,000 new members through Central health community care 729 00:37:15,034 --> 00:37:17,236 10,000 new members through Central health community care And our contracted network. 730 00:37:17,236 --> 00:37:19,973 central health community care And our contracted network. That includes more than 260 731 00:37:19,973 --> 00:37:20,240 and our contracted network. That includes more than 260 Locations. 732 00:37:20,240 --> 00:37:22,608 that includes more than 260 Locations. We provided care to more than 733 00:37:22,608 --> 00:37:24,743 locations. We provided care to more than 180 thousand people last year, 734 00:37:24,743 --> 00:37:26,311 we provided care to more than 180 thousand people last year, Or one out of every eight travis 735 00:37:26,311 --> 00:37:27,246 180 thousand people last year, Or one out of every eight travis County residents. 736 00:37:27,246 --> 00:37:30,115 or one out of every eight travis County residents. While the number of primary care 737 00:37:30,115 --> 00:37:31,918 county residents. While the number of primary care Visits, which includes visits at 738 00:37:31,918 --> 00:37:34,186 while the number of primary care Visits, which includes visits at Community care and contracted 739 00:37:34,186 --> 00:37:36,256 visits, which includes visits at Community care and contracted Providers such as peoples and 740 00:37:36,256 --> 00:37:38,790 community care and contracted Providers such as peoples and Lone star circle of care 741 00:37:38,790 --> 00:37:40,459 providers such as peoples and Lone star circle of care Slightly decreased from last 742 00:37:40,459 --> 00:37:40,659 lone star circle of care Slightly decreased from last Year. 743 00:37:40,659 --> 00:37:42,462 slightly decreased from last Year. This is likely due to updates in 744 00:37:42,462 --> 00:37:44,429 year. This is likely due to updates in How we track and aggregate those 745 00:37:44,429 --> 00:37:44,664 this is likely due to updates in How we track and aggregate those Counts. 746 00:37:44,664 --> 00:37:47,367 how we track and aggregate those Counts. Additionally, we started 747 00:37:47,367 --> 00:37:48,668 counts. Additionally, we started Tracking some new upstream 748 00:37:48,668 --> 00:37:50,837 additionally, we started Tracking some new upstream Upstream indicators this year, 749 00:37:50,837 --> 00:37:52,539 tracking some new upstream Upstream indicators this year, Including the number of sendero 750 00:37:52,539 --> 00:37:53,639 upstream indicators this year, Including the number of sendero Members and the pounds of 751 00:37:53,639 --> 00:37:55,441 including the number of sendero Members and the pounds of Healthy food distributed to 752 00:37:55,441 --> 00:37:56,575 members and the pounds of Healthy food distributed to Patients through our mobile 753 00:37:56,575 --> 00:37:57,544 healthy food distributed to Patients through our mobile Pharmacy program. 754 00:37:57,544 --> 00:37:58,710 patients through our mobile Pharmacy program. >> I just ask for that. 755 00:37:58,710 --> 00:38:00,847 pharmacy program. >> I just ask for that. The. 756 00:38:00,847 --> 00:38:02,781 >> I just ask for that. The. It‘s surprising if you‘re. 757 00:38:02,781 --> 00:38:03,716 the. It‘s surprising if you‘re. If you‘re seeing such an 758 00:38:03,716 --> 00:38:04,918 it‘s surprising if you‘re. If you‘re seeing such an Increase in the patients served. 759 00:38:04,918 --> 00:38:07,253 if you‘re seeing such an Increase in the patients served. But a decrease in primary care 760 00:38:07,253 --> 00:38:07,486 increase in the patients served. But a decrease in primary care Visits. 761 00:38:07,486 --> 00:38:10,523 but a decrease in primary care Visits. >> yeah, we believe what we did 762 00:38:10,523 --> 00:38:13,526 visits. >> yeah, we believe what we did Is we changed to new electronic 763 00:38:13,526 --> 00:38:15,161 >> yeah, we believe what we did Is we changed to new electronic Tracking of those visits that 764 00:38:15,161 --> 00:38:16,162 is we changed to new electronic Tracking of those visits that Are actually making them more 765 00:38:16,162 --> 00:38:18,064 tracking of those visits that Are actually making them more Accurate than in years past. 766 00:38:18,064 --> 00:38:21,200 are actually making them more Accurate than in years past. So we think we‘re actually right 767 00:38:21,200 --> 00:38:22,702 accurate than in years past. So we think we‘re actually right Sizing what we were compared to 768 00:38:22,702 --> 00:38:23,503 so we think we‘re actually right Sizing what we were compared to Previous years. 769 00:38:23,503 --> 00:38:24,469 sizing what we were compared to Previous years. >> so you wouldn‘t expect to see 770 00:38:24,469 --> 00:38:26,104 previous years. >> so you wouldn‘t expect to see A decrease in future years 771 00:38:26,104 --> 00:38:28,740 >> so you wouldn‘t expect to see A decrease in future years Because you‘ve you‘ve better 772 00:38:28,740 --> 00:38:29,776 a decrease in future years Because you‘ve you‘ve better Calibrated how you‘re tracking 773 00:38:29,776 --> 00:38:29,942 because you‘ve you‘ve better Calibrated how you‘re tracking It. 774 00:38:29,942 --> 00:38:32,645 calibrated how you‘re tracking It. >> that‘s correct. 775 00:38:32,645 --> 00:38:33,713 it. >> that‘s correct. >> one other thing that I might 776 00:38:33,713 --> 00:38:35,081 >> that‘s correct. >> one other thing that I might Add, the numbers that they are 777 00:38:35,081 --> 00:38:36,716 >> one other thing that I might Add, the numbers that they are Presenting reflects all of the 778 00:38:36,716 --> 00:38:37,250 add, the numbers that they are Presenting reflects all of the Primary care. 779 00:38:37,250 --> 00:38:38,918 presenting reflects all of the Primary care. Although community care is the 780 00:38:38,918 --> 00:38:40,419 primary care. Although community care is the Largest provider and we have 781 00:38:40,419 --> 00:38:43,256 although community care is the Largest provider and we have Seen an increase that. 782 00:38:43,256 --> 00:38:44,958 largest provider and we have Seen an increase that. The numbers may fluctuate in 783 00:38:44,958 --> 00:38:48,260 seen an increase that. The numbers may fluctuate in Some of the other providers that 784 00:38:48,260 --> 00:38:49,729 the numbers may fluctuate in Some of the other providers that Are part of the map system, but 785 00:38:49,729 --> 00:38:51,064 some of the other providers that Are part of the map system, but Not part of the central health 786 00:38:51,064 --> 00:38:53,299 are part of the map system, but Not part of the central health System. 787 00:38:53,299 --> 00:38:55,300 not part of the central health System. >> now, I‘d like to pass it back 788 00:38:55,300 --> 00:38:57,537 system. >> now, I‘d like to pass it back To pat to discuss our budget 789 00:38:57,537 --> 00:38:57,837 >> now, I‘d like to pass it back To pat to discuss our budget Development. 790 00:38:57,837 --> 00:38:58,972 to pat to discuss our budget Development. >> okay. 791 00:38:58,972 --> 00:39:01,107 development. >> okay. Thank you, j.p. Thank you, 792 00:39:01,107 --> 00:39:01,341 >> okay. Thank you, j.p. Thank you, Justine. 793 00:39:01,341 --> 00:39:03,909 thank you, j.p. Thank you, Justine. So just a brief update, 794 00:39:03,909 --> 00:39:04,943 justine. So just a brief update, Commissioners, on where we are 795 00:39:04,943 --> 00:39:06,879 so just a brief update, Commissioners, on where we are In our budget development 796 00:39:06,879 --> 00:39:07,112 commissioners, on where we are In our budget development Process. 797 00:39:07,112 --> 00:39:10,550 in our budget development Process. This is a slide with a lot of 798 00:39:10,550 --> 00:39:12,752 process. This is a slide with a lot of Detail on it, but this is the 799 00:39:12,752 --> 00:39:14,821 this is a slide with a lot of Detail on it, but this is the Timeline that we use to track 800 00:39:14,821 --> 00:39:16,289 detail on it, but this is the Timeline that we use to track Our progress through the run up 801 00:39:16,289 --> 00:39:17,090 timeline that we use to track Our progress through the run up To the budget. 802 00:39:17,090 --> 00:39:19,925 our progress through the run up To the budget. And we move through a range of 803 00:39:19,925 --> 00:39:20,959 to the budget. And we move through a range of Several milestones with each 804 00:39:20,959 --> 00:39:22,428 and we move through a range of Several milestones with each Step building on the one before 805 00:39:22,428 --> 00:39:22,594 several milestones with each Step building on the one before It. 806 00:39:22,594 --> 00:39:24,664 step building on the one before It. So as you see in this calendar, 807 00:39:24,664 --> 00:39:25,665 it. So as you see in this calendar, We‘ve outlined each phase of 808 00:39:25,665 --> 00:39:27,733 so as you see in this calendar, We‘ve outlined each phase of That development beginning back 809 00:39:27,733 --> 00:39:28,334 we‘ve outlined each phase of That development beginning back In march. 810 00:39:28,334 --> 00:39:30,135 that development beginning back In march. As we touched on our last 811 00:39:30,135 --> 00:39:31,436 in march. As we touched on our last Presentation, we began with our 812 00:39:31,436 --> 00:39:34,307 as we touched on our last Presentation, we began with our Board of managers to identify 813 00:39:34,307 --> 00:39:37,075 presentation, we began with our Board of managers to identify And, and, and confirm the 814 00:39:37,075 --> 00:39:39,179 board of managers to identify And, and, and confirm the Driving forces that could affect 815 00:39:39,179 --> 00:39:39,679 and, and, and confirm the Driving forces that could affect Our priorities. 816 00:39:39,679 --> 00:39:41,648 driving forces that could affect Our priorities. This is the external 817 00:39:41,648 --> 00:39:43,081 our priorities. This is the external Opportunities and threats that 818 00:39:43,081 --> 00:39:45,584 this is the external Opportunities and threats that Perhaps we hadn‘t known about 819 00:39:45,584 --> 00:39:46,986 opportunities and threats that Perhaps we hadn‘t known about When we confirmed our last 820 00:39:46,986 --> 00:39:47,352 perhaps we hadn‘t known about When we confirmed our last Strategic plan. 821 00:39:47,352 --> 00:39:49,121 when we confirmed our last Strategic plan. So how do we adjust to the 822 00:39:49,121 --> 00:39:50,924 strategic plan. So how do we adjust to the Environment around us, ground us 823 00:39:50,924 --> 00:39:53,192 so how do we adjust to the Environment around us, ground us In a shared understanding of the 824 00:39:53,192 --> 00:39:54,327 environment around us, ground us In a shared understanding of the External environment. 825 00:39:54,327 --> 00:39:56,328 in a shared understanding of the External environment. This past month, we then built 826 00:39:56,328 --> 00:39:58,698 external environment. This past month, we then built On that with our board to 827 00:39:58,698 --> 00:40:01,668 this past month, we then built On that with our board to Confirm a set of system wide 828 00:40:01,668 --> 00:40:04,003 on that with our board to Confirm a set of system wide Objectives and key results, or 829 00:40:04,003 --> 00:40:04,203 confirm a set of system wide Objectives and key results, or Okrs. 830 00:40:04,203 --> 00:40:06,539 objectives and key results, or Okrs. The central question for okrs is 831 00:40:06,539 --> 00:40:09,442 okrs. The central question for okrs is What do we want to improve 832 00:40:09,442 --> 00:40:10,777 the central question for okrs is What do we want to improve Beyond our current performance? 833 00:40:10,777 --> 00:40:12,311 what do we want to improve Beyond our current performance? So what are we going to focus on 834 00:40:12,311 --> 00:40:14,848 beyond our current performance? So what are we going to focus on And make better in fy 27? 835 00:40:14,848 --> 00:40:17,216 so what are we going to focus on And make better in fy 27? The board has now approved for 836 00:40:17,216 --> 00:40:19,551 and make better in fy 27? The board has now approved for Objectives and nine key results, 837 00:40:19,551 --> 00:40:20,587 the board has now approved for Objectives and nine key results, Feeding into those four 838 00:40:20,587 --> 00:40:21,621 objectives and nine key results, Feeding into those four Objectives that will define our 839 00:40:21,621 --> 00:40:22,522 feeding into those four Objectives that will define our Goals for the coming year. 840 00:40:22,522 --> 00:40:24,290 objectives that will define our Goals for the coming year. We are now this month in a 841 00:40:24,290 --> 00:40:25,925 goals for the coming year. We are now this month in a Process of developing system 842 00:40:25,925 --> 00:40:27,493 we are now this month in a Process of developing system Wide key performance indicators, 843 00:40:27,493 --> 00:40:29,429 process of developing system Wide key performance indicators, Or kpis, whose purpose is to 844 00:40:29,429 --> 00:40:31,931 wide key performance indicators, Or kpis, whose purpose is to Help us monitor progress as we 845 00:40:31,931 --> 00:40:33,632 or kpis, whose purpose is to Help us monitor progress as we Pursue those improvements and 846 00:40:33,632 --> 00:40:36,536 help us monitor progress as we Pursue those improvements and Also ensure that we sustain 847 00:40:36,536 --> 00:40:38,571 pursue those improvements and Also ensure that we sustain Performance in vital areas of 848 00:40:38,571 --> 00:40:39,706 also ensure that we sustain Performance in vital areas of Excellence today. 849 00:40:39,706 --> 00:40:42,007 performance in vital areas of Excellence today. So we expect these kpis to be 850 00:40:42,007 --> 00:40:42,875 excellence today. So we expect these kpis to be Finalized and approved by the 851 00:40:42,875 --> 00:40:44,710 so we expect these kpis to be Finalized and approved by the Board at the end of this month, 852 00:40:44,710 --> 00:40:46,546 finalized and approved by the Board at the end of this month, And our next quarterly 853 00:40:46,546 --> 00:40:47,179 board at the end of this month, And our next quarterly Presentation will be able to 854 00:40:47,179 --> 00:40:48,948 and our next quarterly Presentation will be able to Share a high level overview with 855 00:40:48,948 --> 00:40:52,118 presentation will be able to Share a high level overview with The court of all the okrs and 856 00:40:52,118 --> 00:40:53,318 share a high level overview with The court of all the okrs and Kpis for next year. 857 00:40:53,318 --> 00:40:56,155 the court of all the okrs and Kpis for next year. At the same time, the community 858 00:40:56,155 --> 00:40:57,223 kpis for next year. At the same time, the community Conversations, each of your 859 00:40:57,223 --> 00:40:58,790 at the same time, the community Conversations, each of your Precincts are incredibly 860 00:40:58,790 --> 00:41:00,360 conversations, each of your Precincts are incredibly Important to help inform the 861 00:41:00,360 --> 00:41:01,727 precincts are incredibly Important to help inform the Priorities reflected in next 862 00:41:01,727 --> 00:41:03,061 important to help inform the Priorities reflected in next Year‘s budget proposal. 863 00:41:03,061 --> 00:41:04,097 priorities reflected in next Year‘s budget proposal. There are a number of things 864 00:41:04,097 --> 00:41:04,797 year‘s budget proposal. There are a number of things We‘re doing now. 865 00:41:04,797 --> 00:41:07,166 there are a number of things We‘re doing now. For example, the focus on food 866 00:41:07,166 --> 00:41:08,700 we‘re doing now. For example, the focus on food As medicine and the food 867 00:41:08,700 --> 00:41:10,402 for example, the focus on food As medicine and the food Pharmacy that we‘re strong 868 00:41:10,402 --> 00:41:11,503 as medicine and the food Pharmacy that we‘re strong Themes emerging out of a number 869 00:41:11,503 --> 00:41:13,006 pharmacy that we‘re strong Themes emerging out of a number Of the community conversations 870 00:41:13,006 --> 00:41:15,742 themes emerging out of a number Of the community conversations In the previous budget year. 871 00:41:15,742 --> 00:41:16,810 of the community conversations In the previous budget year. Together, all of these steps 872 00:41:16,810 --> 00:41:18,344 in the previous budget year. Together, all of these steps Inform our financial 873 00:41:18,344 --> 00:41:19,311 together, all of these steps Inform our financial Forecasting, and the strategic 874 00:41:19,311 --> 00:41:20,446 inform our financial Forecasting, and the strategic Budget priorities will present 875 00:41:20,446 --> 00:41:21,213 forecasting, and the strategic Budget priorities will present Later this summer. 876 00:41:21,213 --> 00:41:22,514 budget priorities will present Later this summer. And thank you for this 877 00:41:22,514 --> 00:41:23,682 later this summer. And thank you for this Opportunity to provide an update 878 00:41:23,682 --> 00:41:26,084 and thank you for this Opportunity to provide an update On our process, and we‘ll be 879 00:41:26,084 --> 00:41:27,787 opportunity to provide an update On our process, and we‘ll be Happy to take any questions on 880 00:41:27,787 --> 00:41:29,722 on our process, and we‘ll be Happy to take any questions on This as well, or at the end. 881 00:41:29,722 --> 00:41:31,824 happy to take any questions on This as well, or at the end. And so at this point, I want to 882 00:41:31,824 --> 00:41:33,192 this as well, or at the end. And so at this point, I want to Shift over to our financials 883 00:41:33,192 --> 00:41:34,527 and so at this point, I want to Shift over to our financials Portion presentation. 884 00:41:34,527 --> 00:41:36,729 shift over to our financials Portion presentation. And I‘ll just say, as you heard 885 00:41:36,729 --> 00:41:38,898 portion presentation. And I‘ll just say, as you heard Us say last quarter, central 886 00:41:38,898 --> 00:41:40,833 and I‘ll just say, as you heard Us say last quarter, central Health remains financially 887 00:41:40,833 --> 00:41:41,067 us say last quarter, central Health remains financially Strong. 888 00:41:41,067 --> 00:41:42,801 health remains financially Strong. And to get into the details of 889 00:41:42,801 --> 00:41:45,371 strong. And to get into the details of Our fiscal year financials for 890 00:41:45,371 --> 00:41:46,272 and to get into the details of Our fiscal year financials for This first quarter, I‘ll pass 891 00:41:46,272 --> 00:41:48,473 our fiscal year financials for This first quarter, I‘ll pass Things over to jeff, our chief 892 00:41:48,473 --> 00:41:49,108 this first quarter, I‘ll pass Things over to jeff, our chief Financial officer. 893 00:41:49,108 --> 00:41:50,777 things over to jeff, our chief Financial officer. >> good afternoon, 894 00:41:50,777 --> 00:41:51,110 financial officer. >> good afternoon, Commissioners. 895 00:41:51,110 --> 00:41:54,280 >> good afternoon, Commissioners. Jeff chief financial officer 896 00:41:54,280 --> 00:41:56,850 commissioners. Jeff chief financial officer We‘re presenting financial 897 00:41:56,850 --> 00:41:58,151 jeff chief financial officer We‘re presenting financial Statements that are in the 898 00:41:58,151 --> 00:41:58,418 we‘re presenting financial Statements that are in the Appendix. 899 00:41:58,418 --> 00:42:01,220 statements that are in the Appendix. Balance sheet sources. 900 00:42:01,220 --> 00:42:05,225 appendix. Balance sheet sources. As of march 2026. 901 00:42:05,225 --> 00:42:07,459 balance sheet sources. As of march 2026. So this is six months into the 902 00:42:07,459 --> 00:42:09,128 as of march 2026. So this is six months into the Fiscal year, 50%. 903 00:42:09,128 --> 00:42:10,929 so this is six months into the Fiscal year, 50%. >> could we just ask you to swap 904 00:42:10,929 --> 00:42:11,230 fiscal year, 50%. >> could we just ask you to swap Microphones? 905 00:42:11,230 --> 00:42:12,098 >> could we just ask you to swap Microphones? It‘s a little hard to hear you 906 00:42:12,098 --> 00:42:12,865 microphones? It‘s a little hard to hear you On that one. 907 00:42:12,865 --> 00:42:13,632 it‘s a little hard to hear you On that one. I think the. 908 00:42:13,632 --> 00:42:13,932 on that one. I think the. >> okay. 909 00:42:13,932 --> 00:42:15,334 I think the. >> okay. >> yeah. 910 00:42:15,334 --> 00:42:15,969 >> okay. >> yeah. Thank you. 911 00:42:15,969 --> 00:42:17,870 >> yeah. Thank you. >> thank you. 912 00:42:17,870 --> 00:42:19,071 thank you. >> thank you. Is that better? 913 00:42:19,071 --> 00:42:19,706 >> thank you. Is that better? >> yeah, yeah. 914 00:42:19,706 --> 00:42:20,340 is that better? >> yeah, yeah. >> okay. 915 00:42:20,340 --> 00:42:22,007 >> yeah, yeah. >> okay. Okay. 916 00:42:22,007 --> 00:42:23,575 >> okay. Okay. So picking up. 917 00:42:23,575 --> 00:42:28,780 okay. So picking up. So we‘re in march of 2026, 918 00:42:28,780 --> 00:42:32,485 so picking up. So we‘re in march of 2026, Halfway through our fiscal year 919 00:42:32,485 --> 00:42:33,686 so we‘re in march of 2026, Halfway through our fiscal year And just walking through a 920 00:42:33,686 --> 00:42:34,686 halfway through our fiscal year And just walking through a Couple of highlights. 921 00:42:34,686 --> 00:42:36,289 and just walking through a Couple of highlights. I‘m going to go off script a 922 00:42:36,289 --> 00:42:36,823 couple of highlights. I‘m going to go off script a Little bit here. 923 00:42:36,823 --> 00:42:39,492 I‘m going to go off script a Little bit here. But you know, related to our 924 00:42:39,492 --> 00:42:42,895 little bit here. But you know, related to our Property tax collections, we‘re 925 00:42:42,895 --> 00:42:45,698 but you know, related to our Property tax collections, we‘re Currently at $371.5 million, 926 00:42:45,698 --> 00:42:48,901 property tax collections, we‘re Currently at $371.5 million, Which is on par with last year‘s 927 00:42:48,901 --> 00:42:50,335 currently at $371.5 million, Which is on par with last year‘s Collection trends. 928 00:42:50,335 --> 00:42:52,104 which is on par with last year‘s Collection trends. On our balance sheet, there are 929 00:42:52,104 --> 00:42:55,574 collection trends. On our balance sheet, there are A couple of items our high risk 930 00:42:55,574 --> 00:42:58,411 on our balance sheet, there are A couple of items our high risk Claims advanced us, and arrow is 931 00:42:58,411 --> 00:42:58,577 a couple of items our high risk Claims advanced us, and arrow is At. 932 00:42:58,577 --> 00:43:02,148 claims advanced us, and arrow is At. It‘s stayed flat at $13.2 933 00:43:02,148 --> 00:43:02,381 at. It‘s stayed flat at $13.2 Million. 934 00:43:02,381 --> 00:43:04,817 it‘s stayed flat at $13.2 Million. There are also was on our 935 00:43:04,817 --> 00:43:06,652 million. There are also was on our Balance sheet down at the 936 00:43:06,652 --> 00:43:09,222 there are also was on our Balance sheet down at the Bottom, there‘s a reserve called 937 00:43:09,222 --> 00:43:11,156 balance sheet down at the Bottom, there‘s a reserve called A public health reserve, which 938 00:43:11,156 --> 00:43:13,425 bottom, there‘s a reserve called A public health reserve, which Is a new reserve that our board 939 00:43:13,425 --> 00:43:15,495 a public health reserve, which Is a new reserve that our board Of managers has approved in the 940 00:43:15,495 --> 00:43:17,095 is a new reserve that our board Of managers has approved in the Amount of $12 million. 941 00:43:17,095 --> 00:43:23,068 of managers has approved in the Amount of $12 million. This is a reciprocal amount held 942 00:43:23,068 --> 00:43:24,436 amount of $12 million. This is a reciprocal amount held In central health that‘s 943 00:43:24,436 --> 00:43:25,905 this is a reciprocal amount held In central health that‘s Designated in central health, 944 00:43:25,905 --> 00:43:28,273 in central health that‘s Designated in central health, That‘s also designated at 945 00:43:28,273 --> 00:43:29,742 designated in central health, That‘s also designated at Community care and just 946 00:43:29,742 --> 00:43:32,111 that‘s also designated at Community care and just Represents available funding. 947 00:43:32,111 --> 00:43:34,179 community care and just Represents available funding. In the event that something 948 00:43:34,179 --> 00:43:35,114 represents available funding. In the event that something Unforeseen were to happen, that 949 00:43:35,114 --> 00:43:37,250 in the event that something Unforeseen were to happen, that We could react quickly and have 950 00:43:37,250 --> 00:43:40,385 unforeseen were to happen, that We could react quickly and have At least 30 days of cash on hand 951 00:43:40,385 --> 00:43:42,155 we could react quickly and have At least 30 days of cash on hand To start dealing with any 952 00:43:42,155 --> 00:43:45,858 at least 30 days of cash on hand To start dealing with any Financial implications of that. 953 00:43:45,858 --> 00:43:48,394 to start dealing with any Financial implications of that. Our direct specialty care 954 00:43:48,394 --> 00:43:50,095 financial implications of that. Our direct specialty care Services, which is our clinical 955 00:43:50,095 --> 00:43:53,932 our direct specialty care Services, which is our clinical Practice, and this is a new line 956 00:43:53,932 --> 00:43:59,272 services, which is our clinical Practice, and this is a new line Over the past few years, is at 957 00:43:59,272 --> 00:44:00,939 practice, and this is a new line Over the past few years, is at $26.8 million, which is 33% of 958 00:44:00,939 --> 00:44:03,976 over the past few years, is at $26.8 million, which is 33% of Our year to date budget, 959 00:44:03,976 --> 00:44:05,844 $26.8 million, which is 33% of Our year to date budget, Significant increase from last 960 00:44:05,844 --> 00:44:08,881 our year to date budget, Significant increase from last Year of $10.3 million. 961 00:44:08,881 --> 00:44:12,952 significant increase from last Year of $10.3 million. There are a few of the specialty 962 00:44:12,952 --> 00:44:17,557 year of $10.3 million. There are a few of the specialty Care lines that have just begun, 963 00:44:17,557 --> 00:44:19,024 there are a few of the specialty Care lines that have just begun, What I‘ll call ramping up. 964 00:44:19,024 --> 00:44:20,793 care lines that have just begun, What I‘ll call ramping up. So in other words, they‘re just 965 00:44:20,793 --> 00:44:23,029 what I‘ll call ramping up. So in other words, they‘re just Kind of starting and seeing 966 00:44:23,029 --> 00:44:25,064 so in other words, they‘re just Kind of starting and seeing Larger increases of patients. 967 00:44:25,064 --> 00:44:29,702 kind of starting and seeing Larger increases of patients. Those include endocrinology, 968 00:44:29,702 --> 00:44:31,503 larger increases of patients. Those include endocrinology, Rheumatology, and physical 969 00:44:31,503 --> 00:44:31,737 those include endocrinology, Rheumatology, and physical Therapy. 970 00:44:31,737 --> 00:44:34,639 rheumatology, and physical Therapy. One of the challenges that we‘ve 971 00:44:34,639 --> 00:44:36,442 therapy. One of the challenges that we‘ve Had in our specialty care 972 00:44:36,442 --> 00:44:38,945 one of the challenges that we‘ve Had in our specialty care Practice is neurology and just 973 00:44:38,945 --> 00:44:41,314 had in our specialty care Practice is neurology and just The ability to hire a 974 00:44:41,314 --> 00:44:43,716 practice is neurology and just The ability to hire a Neurologist that that has been a 975 00:44:43,716 --> 00:44:47,053 the ability to hire a Neurologist that that has been a Big challenge related to our 976 00:44:47,053 --> 00:44:47,286 neurologist that that has been a Big challenge related to our Network. 977 00:44:47,286 --> 00:44:48,220 big challenge related to our Network. >> what is that specialty? 978 00:44:48,220 --> 00:44:48,888 network. >> what is that specialty? New. 979 00:44:48,888 --> 00:44:50,422 >> what is that specialty? New. >> neurology. 980 00:44:50,422 --> 00:44:51,189 new. >> neurology. >> neurology. 981 00:44:51,189 --> 00:44:51,523 >> neurology. >> neurology. >> all right. 982 00:44:51,523 --> 00:44:51,691 >> neurology. >> all right. Oh. 983 00:44:51,691 --> 00:44:52,692 >> all right. Oh. >> I‘m sorry, I misunderstood. 984 00:44:52,692 --> 00:44:53,325 oh. >> I‘m sorry, I misunderstood. That‘s all right. 985 00:44:53,325 --> 00:44:58,497 >> I‘m sorry, I misunderstood. That‘s all right. >> one of the things that‘s an 986 00:44:58,497 --> 00:44:59,932 that‘s all right. >> one of the things that‘s an Important element of specialty 987 00:44:59,932 --> 00:45:02,868 >> one of the things that‘s an Important element of specialty Care is just provider 988 00:45:02,868 --> 00:45:03,169 important element of specialty Care is just provider Recruitment. 989 00:45:03,169 --> 00:45:05,938 care is just provider Recruitment. And we have a number of hires 990 00:45:05,938 --> 00:45:10,343 recruitment. And we have a number of hires That are in transit. 991 00:45:10,343 --> 00:45:12,311 and we have a number of hires That are in transit. Just briefly mentioning what 992 00:45:12,311 --> 00:45:12,577 that are in transit. Just briefly mentioning what Those are. 993 00:45:12,577 --> 00:45:17,682 just briefly mentioning what Those are. Three gastroenterologists, two 994 00:45:17,682 --> 00:45:20,085 those are. Three gastroenterologists, two Psychiatrists, three 995 00:45:20,085 --> 00:45:20,385 three gastroenterologists, two Psychiatrists, three Podiatrists. 996 00:45:20,385 --> 00:45:24,624 psychiatrists, three Podiatrists. And we in our pulmonology 997 00:45:24,624 --> 00:45:27,260 podiatrists. And we in our pulmonology Service line, we‘ve begun sleep 998 00:45:27,260 --> 00:45:29,162 and we in our pulmonology Service line, we‘ve begun sleep Studies and having those 999 00:45:29,162 --> 00:45:31,898 service line, we‘ve begun sleep Studies and having those Internal we think is is a great 1000 00:45:31,898 --> 00:45:33,598 studies and having those Internal we think is is a great Service for our patients instead 1001 00:45:33,598 --> 00:45:37,335 internal we think is is a great Service for our patients instead Of contracting for that primary 1002 00:45:37,335 --> 00:45:42,507 service for our patients instead Of contracting for that primary Care services are increased to 1003 00:45:42,507 --> 00:45:43,976 of contracting for that primary Care services are increased to $49.9 million year to date, this 1004 00:45:43,976 --> 00:45:47,847 care services are increased to $49.9 million year to date, this Is 48% of the budget, up 12.3 1005 00:45:47,847 --> 00:45:49,081 $49.9 million year to date, this Is 48% of the budget, up 12.3 Million from last year. 1006 00:45:49,081 --> 00:45:54,387 is 48% of the budget, up 12.3 Million from last year. Behavioral health is at $14.8 1007 00:45:54,387 --> 00:45:56,422 million from last year. Behavioral health is at $14.8 Million, which is 37% of the 1008 00:45:56,422 --> 00:45:58,591 behavioral health is at $14.8 Million, which is 37% of the Budget. 1009 00:45:58,591 --> 00:46:02,561 million, which is 37% of the Budget. Opioid abatement expenses at 1010 00:46:02,561 --> 00:46:06,131 budget. Opioid abatement expenses at 172,000 this month, 488,000 a 1011 00:46:06,131 --> 00:46:06,299 opioid abatement expenses at 172,000 this month, 488,000 a Day. 1012 00:46:06,299 --> 00:46:09,168 172,000 this month, 488,000 a Day. And then some expenses related 1013 00:46:09,168 --> 00:46:12,537 day. And then some expenses related To a grant from echo that we‘ve 1014 00:46:12,537 --> 00:46:16,875 and then some expenses related To a grant from echo that we‘ve Received a couple of other 1015 00:46:16,875 --> 00:46:18,743 to a grant from echo that we‘ve Received a couple of other Highlights as it relates to our 1016 00:46:18,743 --> 00:46:20,946 received a couple of other Highlights as it relates to our Practice in third party 1017 00:46:20,946 --> 00:46:21,213 highlights as it relates to our Practice in third party Contracts. 1018 00:46:21,213 --> 00:46:24,250 practice in third party Contracts. We have had our medicaid 1019 00:46:24,250 --> 00:46:26,652 contracts. We have had our medicaid Application pending for quite 1020 00:46:26,652 --> 00:46:27,085 we have had our medicaid Application pending for quite Some time. 1021 00:46:27,085 --> 00:46:29,489 application pending for quite Some time. We‘re hopeful that that will be 1022 00:46:29,489 --> 00:46:31,223 some time. We‘re hopeful that that will be Approved shortly. 1023 00:46:31,223 --> 00:46:32,692 we‘re hopeful that that will be Approved shortly. We‘ve worked through all the 1024 00:46:32,692 --> 00:46:34,894 approved shortly. We‘ve worked through all the Issues and are just awaiting 1025 00:46:34,894 --> 00:46:36,662 we‘ve worked through all the Issues and are just awaiting Approval, and then probably the 1026 00:46:36,662 --> 00:46:39,198 issues and are just awaiting Approval, and then probably the Most exciting part is we‘ve just 1027 00:46:39,198 --> 00:46:41,399 approval, and then probably the Most exciting part is we‘ve just Recently executed an agreement 1028 00:46:41,399 --> 00:46:44,169 most exciting part is we‘ve just Recently executed an agreement With sendero, and we‘re seeing 1029 00:46:44,169 --> 00:46:45,737 recently executed an agreement With sendero, and we‘re seeing Sendero patients in our network. 1030 00:46:45,737 --> 00:46:48,875 with sendero, and we‘re seeing Sendero patients in our network. And so that‘s we really it‘s 1031 00:46:48,875 --> 00:46:49,574 sendero patients in our network. And so that‘s we really it‘s Taken a while. 1032 00:46:49,574 --> 00:46:50,976 and so that‘s we really it‘s Taken a while. It‘s taken us a while to get 1033 00:46:50,976 --> 00:46:52,512 taken a while. It‘s taken us a while to get There, but it‘s really exciting 1034 00:46:52,512 --> 00:46:55,581 it‘s taken us a while to get There, but it‘s really exciting That we‘ll be able to see both 1035 00:46:55,581 --> 00:46:57,716 there, but it‘s really exciting That we‘ll be able to see both Central health patients and 1036 00:46:57,716 --> 00:46:59,418 that we‘ll be able to see both Central health patients and Sendero patients in our own 1037 00:46:59,418 --> 00:47:00,419 central health patients and Sendero patients in our own Clinical practice. 1038 00:47:00,419 --> 00:47:02,821 sendero patients in our own Clinical practice. >> I didn‘t realize you weren‘t 1039 00:47:02,821 --> 00:47:04,590 clinical practice. >> I didn‘t realize you weren‘t Able to see sendero patients 1040 00:47:04,590 --> 00:47:04,857 >> I didn‘t realize you weren‘t Able to see sendero patients Until now. 1041 00:47:04,857 --> 00:47:06,591 able to see sendero patients Until now. I thought that was integrated 1042 00:47:06,591 --> 00:47:07,726 until now. I thought that was integrated Into central health. 1043 00:47:07,726 --> 00:47:08,094 I thought that was integrated Into central health. >> it. 1044 00:47:08,094 --> 00:47:08,794 into central health. >> it. Oh, go ahead. 1045 00:47:08,794 --> 00:47:12,098 >> it. Oh, go ahead. >> we we we we had to execute a 1046 00:47:12,098 --> 00:47:13,699 oh, go ahead. >> we we we we had to execute a Contract like we do with any 1047 00:47:13,699 --> 00:47:14,600 >> we we we we had to execute a Contract like we do with any Provider group. 1048 00:47:14,600 --> 00:47:16,635 contract like we do with any Provider group. And we have to put them through 1049 00:47:16,635 --> 00:47:16,969 provider group. And we have to put them through Credentialing. 1050 00:47:16,969 --> 00:47:19,071 and we have to put them through Credentialing. And it‘s not something that 1051 00:47:19,071 --> 00:47:19,972 credentialing. And it‘s not something that Happens overnight. 1052 00:47:19,972 --> 00:47:23,242 and it‘s not something that Happens overnight. And so we‘ve completed that and 1053 00:47:23,242 --> 00:47:24,709 happens overnight. And so we‘ve completed that and Done a complete orientation. 1054 00:47:24,709 --> 00:47:28,347 and so we‘ve completed that and Done a complete orientation. And we are paying claims now to 1055 00:47:28,347 --> 00:47:30,081 done a complete orientation. And we are paying claims now to Central health providers for the 1056 00:47:30,081 --> 00:47:31,983 and we are paying claims now to Central health providers for the Program‘s clinical specialty 1057 00:47:31,983 --> 00:47:32,250 central health providers for the Program‘s clinical specialty Programs. 1058 00:47:32,250 --> 00:47:33,452 program‘s clinical specialty Programs. They have within central health. 1059 00:47:33,452 --> 00:47:35,421 programs. They have within central health. We already have a contract with 1060 00:47:35,421 --> 00:47:37,223 they have within central health. We already have a contract with Qc and have had it for years, so 1061 00:47:37,223 --> 00:47:39,257 we already have a contract with Qc and have had it for years, so We‘re already paying the qc, but 1062 00:47:39,257 --> 00:47:42,327 qc and have had it for years, so We‘re already paying the qc, but But the central health specialty 1063 00:47:42,327 --> 00:47:43,429 we‘re already paying the qc, but But the central health specialty Programs are new enough and 1064 00:47:43,429 --> 00:47:43,696 but the central health specialty Programs are new enough and That‘s. 1065 00:47:43,696 --> 00:47:44,597 programs are new enough and That‘s. They say they‘re just now 1066 00:47:44,597 --> 00:47:45,997 that‘s. They say they‘re just now Applying to medicaid to get 1067 00:47:45,997 --> 00:47:47,466 they say they‘re just now Applying to medicaid to get Medicaid to be able to see 1068 00:47:47,466 --> 00:47:48,800 applying to medicaid to get Medicaid to be able to see Medicaid patients through that. 1069 00:47:48,800 --> 00:47:53,206 medicaid to be able to see Medicaid patients through that. So this is not an easy process 1070 00:47:53,206 --> 00:47:54,073 medicaid patients through that. So this is not an easy process For central health. 1071 00:47:54,073 --> 00:47:56,341 so this is not an easy process For central health. So. 1072 00:47:56,341 --> 00:47:57,943 for central health. So. >> thank you, sharon, and I‘ll 1073 00:47:57,943 --> 00:47:59,645 so. >> thank you, sharon, and I‘ll Turn it over to tara now for. 1074 00:47:59,645 --> 00:48:01,347 >> thank you, sharon, and I‘ll Turn it over to tara now for. >> thank you so much. 1075 00:48:01,347 --> 00:48:03,915 turn it over to tara now for. >> thank you so much. On the previous topic, I‘ll 1076 00:48:03,915 --> 00:48:06,219 >> thank you so much. On the previous topic, I‘ll Mention one of the other 1077 00:48:06,219 --> 00:48:07,053 on the previous topic, I‘ll Mention one of the other Initiatives that‘s coming down 1078 00:48:07,053 --> 00:48:09,855 mention one of the other Initiatives that‘s coming down The pipeline is to get greater 1079 00:48:09,855 --> 00:48:11,290 initiatives that‘s coming down The pipeline is to get greater Alignment across all the payers 1080 00:48:11,290 --> 00:48:13,526 the pipeline is to get greater Alignment across all the payers At community care so that we‘re 1081 00:48:13,526 --> 00:48:15,260 alignment across all the payers At community care so that we‘re Able to move our patients 1082 00:48:15,260 --> 00:48:16,328 at community care so that we‘re Able to move our patients Through the system, regardless 1083 00:48:16,328 --> 00:48:18,463 able to move our patients Through the system, regardless Of who their payer is, in both 1084 00:48:18,463 --> 00:48:20,199 through the system, regardless Of who their payer is, in both The central health and the 1085 00:48:20,199 --> 00:48:20,833 of who their payer is, in both The central health and the Community care space. 1086 00:48:20,833 --> 00:48:23,669 the central health and the Community care space. I want to thank you all so much 1087 00:48:23,669 --> 00:48:24,904 community care space. I want to thank you all so much For having me back today. 1088 00:48:24,904 --> 00:48:27,139 I want to thank you all so much For having me back today. Unfortunately, doctor yagoda is 1089 00:48:27,139 --> 00:48:28,273 for having me back today. Unfortunately, doctor yagoda is Traveling, but I‘m always 1090 00:48:28,273 --> 00:48:30,175 unfortunately, doctor yagoda is Traveling, but I‘m always Thrilled to present to you all. 1091 00:48:30,175 --> 00:48:31,943 traveling, but I‘m always Thrilled to present to you all. I also want to thank 1092 00:48:31,943 --> 00:48:33,246 thrilled to present to you all. I also want to thank Commissioner shea for her 1093 00:48:33,246 --> 00:48:35,081 I also want to thank Commissioner shea for her Wonderful remarks at the recent 1094 00:48:35,081 --> 00:48:36,949 commissioner shea for her Wonderful remarks at the recent Grand opening at the new hancock 1095 00:48:36,949 --> 00:48:37,716 wonderful remarks at the recent Grand opening at the new hancock Health center space. 1096 00:48:37,716 --> 00:48:40,085 grand opening at the new hancock Health center space. Your long standing support of 1097 00:48:40,085 --> 00:48:42,155 health center space. Your long standing support of Public health and prevention and 1098 00:48:42,155 --> 00:48:43,655 your long standing support of Public health and prevention and Compassionate community care has 1099 00:48:43,655 --> 00:48:45,524 public health and prevention and Compassionate community care has Meant a great deal to our 1100 00:48:45,524 --> 00:48:46,726 compassionate community care has Meant a great deal to our Patients and our care teams. 1101 00:48:46,726 --> 00:48:49,361 meant a great deal to our Patients and our care teams. The opening gave us an 1102 00:48:49,361 --> 00:48:50,830 patients and our care teams. The opening gave us an Opportunity also to reflect on 1103 00:48:50,830 --> 00:48:53,333 the opening gave us an Opportunity also to reflect on The extraordinary legacy of the 1104 00:48:53,333 --> 00:48:55,401 opportunity also to reflect on The extraordinary legacy of the David powell clinic, which is 1105 00:48:55,401 --> 00:48:57,169 the extraordinary legacy of the David powell clinic, which is The first occupant of the 1106 00:48:57,169 --> 00:48:59,371 david powell clinic, which is The first occupant of the Expansive hancock center. 1107 00:48:59,371 --> 00:49:01,506 the first occupant of the Expansive hancock center. That and the role that 1108 00:49:01,506 --> 00:49:03,276 expansive hancock center. That and the role that Particular clinic h played in 1109 00:49:03,276 --> 00:49:05,210 that and the role that Particular clinic h played in Shaping patient centered care 1110 00:49:05,210 --> 00:49:07,246 particular clinic h played in Shaping patient centered care Across the entire system over 1111 00:49:07,246 --> 00:49:09,682 shaping patient centered care Across the entire system over The last 35 years, david powell 1112 00:49:09,682 --> 00:49:12,584 across the entire system over The last 35 years, david powell Has evolved, along with the hiv 1113 00:49:12,584 --> 00:49:13,786 the last 35 years, david powell Has evolved, along with the hiv Epidemic itself. 1114 00:49:13,786 --> 00:49:17,290 has evolved, along with the hiv Epidemic itself. What began in a time of crisis 1115 00:49:17,290 --> 00:49:18,324 epidemic itself. What began in a time of crisis Became one of the region‘s 1116 00:49:18,324 --> 00:49:20,093 what began in a time of crisis Became one of the region‘s Earliest models for integrated, 1117 00:49:20,093 --> 00:49:20,926 became one of the region‘s Earliest models for integrated, Whole person re. 1118 00:49:20,926 --> 00:49:23,862 earliest models for integrated, Whole person re. Long before team based care 1119 00:49:23,862 --> 00:49:25,698 whole person re. Long before team based care Became common in health care, 1120 00:49:25,698 --> 00:49:26,833 long before team based care Became common in health care, David powell was bringing 1121 00:49:26,833 --> 00:49:28,433 became common in health care, David powell was bringing Together primary care, 1122 00:49:28,433 --> 00:49:30,803 david powell was bringing Together primary care, Behavioral health, pharmacy, 1123 00:49:30,803 --> 00:49:32,905 together primary care, Behavioral health, pharmacy, Nutrition support, prevention 1124 00:49:32,905 --> 00:49:33,973 behavioral health, pharmacy, Nutrition support, prevention Services and case management. 1125 00:49:33,973 --> 00:49:36,242 nutrition support, prevention Services and case management. In one coordinated setting. 1126 00:49:36,242 --> 00:49:38,577 services and case management. In one coordinated setting. And today, the clinic serves 1127 00:49:38,577 --> 00:49:40,946 in one coordinated setting. And today, the clinic serves More than 3000 patients across 1128 00:49:40,946 --> 00:49:43,148 and today, the clinic serves More than 3000 patients across Ten county region and continues 1129 00:49:43,148 --> 00:49:45,550 more than 3000 patients across Ten county region and continues To innovate more than 200 1130 00:49:45,550 --> 00:49:46,919 ten county region and continues To innovate more than 200 Patients now receive some of the 1131 00:49:46,919 --> 00:49:49,956 to innovate more than 200 Patients now receive some of the Most advanced technologies, 1132 00:49:49,956 --> 00:49:52,324 patients now receive some of the Most advanced technologies, Including long acting hiv 1133 00:49:52,324 --> 00:49:54,260 most advanced technologies, Including long acting hiv Injectables, which improve 1134 00:49:54,260 --> 00:49:55,661 including long acting hiv Injectables, which improve Adherence and helps reduce 1135 00:49:55,661 --> 00:49:57,662 injectables, which improve Adherence and helps reduce Stigma for patients who may 1136 00:49:57,662 --> 00:50:00,233 adherence and helps reduce Stigma for patients who may Struggle with managing daily 1137 00:50:00,233 --> 00:50:01,166 stigma for patients who may Struggle with managing daily Medication regimens. 1138 00:50:01,166 --> 00:50:03,236 struggle with managing daily Medication regimens. The clinic has also become a 1139 00:50:03,236 --> 00:50:04,904 medication regimens. The clinic has also become a Leader in prevention through the 1140 00:50:04,904 --> 00:50:07,706 the clinic has also become a Leader in prevention through the Ideal health clinic, a cdc 1141 00:50:07,706 --> 00:50:09,808 leader in prevention through the Ideal health clinic, a cdc Funded status neutral care 1142 00:50:09,808 --> 00:50:10,075 ideal health clinic, a cdc Funded status neutral care Approach. 1143 00:50:10,075 --> 00:50:12,544 funded status neutral care Approach. Community care has significantly 1144 00:50:12,544 --> 00:50:14,881 approach. Community care has significantly Expanded access to prep 1145 00:50:14,881 --> 00:50:17,016 community care has significantly Expanded access to prep Medication that prevents hiv 1146 00:50:17,016 --> 00:50:18,950 expanded access to prep Medication that prevents hiv Infection before exposure 1147 00:50:18,950 --> 00:50:19,185 medication that prevents hiv Infection before exposure Occurs. 1148 00:50:19,185 --> 00:50:21,287 infection before exposure Occurs. Prep has become one of the most 1149 00:50:21,287 --> 00:50:22,722 occurs. Prep has become one of the most Effective public health tools in 1150 00:50:22,722 --> 00:50:25,490 prep has become one of the most Effective public health tools in The world to reduce new hiv 1151 00:50:25,490 --> 00:50:27,426 effective public health tools in The world to reduce new hiv Infections, particularly among 1152 00:50:27,426 --> 00:50:28,727 the world to reduce new hiv Infections, particularly among High risk populations. 1153 00:50:28,727 --> 00:50:30,897 infections, particularly among High risk populations. And in the last year alone, our 1154 00:50:30,897 --> 00:50:34,901 high risk populations. And in the last year alone, our Prep patient population has 1155 00:50:34,901 --> 00:50:36,436 and in the last year alone, our Prep patient population has Nearly doubled growth. 1156 00:50:36,436 --> 00:50:38,703 prep patient population has Nearly doubled growth. That has been recognized by the 1157 00:50:38,703 --> 00:50:41,307 nearly doubled growth. That has been recognized by the Federal government and our 2025 1158 00:50:41,307 --> 00:50:43,142 that has been recognized by the Federal government and our 2025 Reporting. 1159 00:50:43,142 --> 00:50:45,411 federal government and our 2025 Reporting. David powell also demonstrates 1160 00:50:45,411 --> 00:50:47,046 reporting. David powell also demonstrates The importance of pairing 1161 00:50:47,046 --> 00:50:48,513 david powell also demonstrates The importance of pairing Affordable medications with 1162 00:50:48,513 --> 00:50:50,316 the importance of pairing Affordable medications with Wraparound support services 1163 00:50:50,316 --> 00:50:51,983 affordable medications with Wraparound support services Through the federal 340 b 1164 00:50:51,983 --> 00:50:53,885 wraparound support services Through the federal 340 b Program, community care is able 1165 00:50:53,885 --> 00:50:56,722 through the federal 340 b Program, community care is able To offer low cost medications 1166 00:50:56,722 --> 00:50:59,625 program, community care is able To offer low cost medications That are extremely expensive to 1167 00:50:59,625 --> 00:51:01,827 to offer low cost medications That are extremely expensive to Provide in other settings at a 1168 00:51:01,827 --> 00:51:03,563 that are extremely expensive to Provide in other settings at a Significantly reduced cost, and 1169 00:51:03,563 --> 00:51:04,797 provide in other settings at a Significantly reduced cost, and The savings generated through 1170 00:51:04,797 --> 00:51:07,033 significantly reduced cost, and The savings generated through That program help fund the 1171 00:51:07,033 --> 00:51:08,401 the savings generated through That program help fund the Behavioral supports the 1172 00:51:08,401 --> 00:51:10,702 that program help fund the Behavioral supports the Nutrition, supports, outreach, 1173 00:51:10,702 --> 00:51:12,504 behavioral supports the Nutrition, supports, outreach, Transportation assistance, and 1174 00:51:12,504 --> 00:51:13,306 nutrition, supports, outreach, Transportation assistance, and Care coordination. 1175 00:51:13,306 --> 00:51:15,675 transportation assistance, and Care coordination. These are the kinds of services 1176 00:51:15,675 --> 00:51:17,043 care coordination. These are the kinds of services That help patients remain 1177 00:51:17,043 --> 00:51:20,645 these are the kinds of services That help patients remain Healthy, keep them out of more 1178 00:51:20,645 --> 00:51:22,381 that help patients remain Healthy, keep them out of more Expensive parts of our system, 1179 00:51:22,381 --> 00:51:24,617 healthy, keep them out of more Expensive parts of our system, And continuously engage in long 1180 00:51:24,617 --> 00:51:25,718 expensive parts of our system, And continuously engage in long Term term care. 1181 00:51:25,718 --> 00:51:27,452 and continuously engage in long Term term care. The outcomes, because I know 1182 00:51:27,452 --> 00:51:29,655 term term care. The outcomes, because I know That you guys like data, reflect 1183 00:51:29,655 --> 00:51:32,091 the outcomes, because I know That you guys like data, reflect The strength of the model in 1184 00:51:32,091 --> 00:51:34,527 that you guys like data, reflect The strength of the model in 2025, community care achieved a 1185 00:51:34,527 --> 00:51:36,862 the strength of the model in 2025, community care achieved a 94.2 retention rate for ryan 1186 00:51:36,862 --> 00:51:39,499 2025, community care achieved a 94.2 retention rate for ryan That‘s the program, the grant 1187 00:51:39,499 --> 00:51:41,033 94.2 retention rate for ryan That‘s the program, the grant Program that helps pay for the 1188 00:51:41,033 --> 00:51:43,902 that‘s the program, the grant Program that helps pay for the Care and a 90% viral suppression 1189 00:51:43,902 --> 00:51:45,338 program that helps pay for the Care and a 90% viral suppression Rate, meaning that the vast 1190 00:51:45,338 --> 00:51:46,506 care and a 90% viral suppression Rate, meaning that the vast Majority of the patients in our 1191 00:51:46,506 --> 00:51:48,141 rate, meaning that the vast Majority of the patients in our Care have the virus controlled 1192 00:51:48,141 --> 00:51:49,509 majority of the patients in our Care have the virus controlled To levels that protect both 1193 00:51:49,509 --> 00:51:51,977 care have the virus controlled To levels that protect both Their own health and the broader 1194 00:51:51,977 --> 00:51:52,245 to levels that protect both Their own health and the broader Community. 1195 00:51:52,245 --> 00:51:56,215 their own health and the broader Community. David powell has also served a 1196 00:51:56,215 --> 00:51:58,050 community. David powell has also served a Critical regional public health 1197 00:51:58,050 --> 00:51:59,485 david powell has also served a Critical regional public health Role, which is particularly 1198 00:51:59,485 --> 00:52:00,919 critical regional public health Role, which is particularly Important at a time where we‘re 1199 00:52:00,919 --> 00:52:02,621 role, which is particularly Important at a time where we‘re Seeing other supports for that 1200 00:52:02,621 --> 00:52:02,888 important at a time where we‘re Seeing other supports for that Contract. 1201 00:52:02,888 --> 00:52:05,691 seeing other supports for that Contract. We acted as a major vaccination 1202 00:52:05,691 --> 00:52:07,293 contract. We acted as a major vaccination And treatment site during the 1203 00:52:07,293 --> 00:52:09,529 we acted as a major vaccination And treatment site during the Mpox outbreak, and operating 1204 00:52:09,529 --> 00:52:11,898 and treatment site during the Mpox outbreak, and operating Austin‘s only mobile hiv program 1205 00:52:11,898 --> 00:52:13,432 mpox outbreak, and operating Austin‘s only mobile hiv program Focused on unsheltered 1206 00:52:13,432 --> 00:52:14,867 austin‘s only mobile hiv program Focused on unsheltered Individuals living with hiv. 1207 00:52:14,867 --> 00:52:18,203 focused on unsheltered Individuals living with hiv. Perhaps most importantly, the 1208 00:52:18,203 --> 00:52:19,838 individuals living with hiv. Perhaps most importantly, the Lessons learned at david powell 1209 00:52:19,838 --> 00:52:22,141 perhaps most importantly, the Lessons learned at david powell Now shape how we care for 1210 00:52:22,141 --> 00:52:23,709 lessons learned at david powell Now shape how we care for Everyone across the system. 1211 00:52:23,709 --> 00:52:26,179 now shape how we care for Everyone across the system. Our vulnerable populations, the 1212 00:52:26,179 --> 00:52:27,914 everyone across the system. Our vulnerable populations, the Clinic that trust, that taught 1213 00:52:27,914 --> 00:52:31,617 our vulnerable populations, the Clinic that trust, that taught Us that trust, dignity, stigma 1214 00:52:31,617 --> 00:52:32,919 clinic that trust, that taught Us that trust, dignity, stigma Reduction, mental health, 1215 00:52:32,919 --> 00:52:35,888 us that trust, dignity, stigma Reduction, mental health, Housing instability and cultural 1216 00:52:35,888 --> 00:52:37,557 reduction, mental health, Housing instability and cultural Understanding are not secondary 1217 00:52:37,557 --> 00:52:38,324 housing instability and cultural Understanding are not secondary Issues in health care. 1218 00:52:38,324 --> 00:52:41,193 understanding are not secondary Issues in health care. They are central in achieving 1219 00:52:41,193 --> 00:52:41,693 issues in health care. They are central in achieving Good outcomes. 1220 00:52:41,693 --> 00:52:43,895 they are central in achieving Good outcomes. And so that philosophy is 1221 00:52:43,895 --> 00:52:45,131 good outcomes. And so that philosophy is Reflected in the design of the 1222 00:52:45,131 --> 00:52:48,634 and so that philosophy is Reflected in the design of the New space where hiv services are 1223 00:52:48,634 --> 00:52:50,736 reflected in the design of the New space where hiv services are Intentionally integrated along 1224 00:52:50,736 --> 00:52:52,237 new space where hiv services are Intentionally integrated along Specialty older adult care in a 1225 00:52:52,237 --> 00:52:54,273 intentionally integrated along Specialty older adult care in a Way that normalizes care, 1226 00:52:54,273 --> 00:52:55,708 specialty older adult care in a Way that normalizes care, Reduces isolation, and 1227 00:52:55,708 --> 00:52:56,776 way that normalizes care, Reduces isolation, and Strengthens continuity for 1228 00:52:56,776 --> 00:52:58,878 reduces isolation, and Strengthens continuity for Patients as they age, and is not 1229 00:52:58,878 --> 00:53:01,080 strengthens continuity for Patients as they age, and is not Just present at david powell, 1230 00:53:01,080 --> 00:53:03,381 patients as they age, and is not Just present at david powell, But for all 150 some odd 1231 00:53:03,381 --> 00:53:05,351 just present at david powell, But for all 150 some odd Individual patients who receive 1232 00:53:05,351 --> 00:53:06,118 but for all 150 some odd Individual patients who receive Care from us. 1233 00:53:06,118 --> 00:53:09,287 individual patients who receive Care from us. So ultimately, david powell 1234 00:53:09,287 --> 00:53:10,155 care from us. So ultimately, david powell Represents what we consider the 1235 00:53:10,155 --> 00:53:11,691 so ultimately, david powell Represents what we consider the Gold standard of care. 1236 00:53:11,691 --> 00:53:13,058 represents what we consider the Gold standard of care. As the folks move across the 1237 00:53:13,058 --> 00:53:13,558 gold standard of care. As the folks move across the Island. 1238 00:53:13,558 --> 00:53:15,260 as the folks move across the Island. That doctor li speaks so often 1239 00:53:15,260 --> 00:53:17,429 island. That doctor li speaks so often About, of what strong public 1240 00:53:17,429 --> 00:53:19,432 that doctor li speaks so often About, of what strong public Health infrastructure can look 1241 00:53:19,432 --> 00:53:21,800 about, of what strong public Health infrastructure can look Like with innovation, 1242 00:53:21,800 --> 00:53:23,368 health infrastructure can look Like with innovation, Prevention, affordability, and 1243 00:53:23,368 --> 00:53:24,904 like with innovation, Prevention, affordability, and Compassionate care that can come 1244 00:53:24,904 --> 00:53:27,006 prevention, affordability, and Compassionate care that can come Together in service of the 1245 00:53:27,006 --> 00:53:28,406 compassionate care that can come Together in service of the Community and in this case, in 1246 00:53:28,406 --> 00:53:29,341 together in service of the Community and in this case, in Service of travis county. 1247 00:53:29,341 --> 00:53:33,111 community and in this case, in Service of travis county. Now, I turn it over to jeff. 1248 00:53:33,111 --> 00:53:34,280 service of travis county. Now, I turn it over to jeff. >> thank you, tara. 1249 00:53:34,280 --> 00:53:36,848 now, I turn it over to jeff. >> thank you, tara. I want to briefly thank you 1250 00:53:36,848 --> 00:53:40,519 >> thank you, tara. I want to briefly thank you Again for allowing central 1251 00:53:40,519 --> 00:53:41,554 I want to briefly thank you Again for allowing central Health to come and bring you up 1252 00:53:41,554 --> 00:53:43,489 again for allowing central Health to come and bring you up To date on what‘s going on in 1253 00:53:43,489 --> 00:53:44,656 health to come and bring you up To date on what‘s going on in Our organization. 1254 00:53:44,656 --> 00:53:47,058 to date on what‘s going on in Our organization. One of the things that sendero 1255 00:53:47,058 --> 00:53:49,762 our organization. One of the things that sendero Is trying to do is to sort of 1256 00:53:49,762 --> 00:53:52,164 one of the things that sendero Is trying to do is to sort of Broaden our scope of services. 1257 00:53:52,164 --> 00:53:54,033 is trying to do is to sort of Broaden our scope of services. And so I wanted to tell you 1258 00:53:54,033 --> 00:53:55,800 broaden our scope of services. And so I wanted to tell you About a new entity that we have 1259 00:53:55,800 --> 00:53:56,034 and so I wanted to tell you About a new entity that we have Created. 1260 00:53:56,034 --> 00:53:58,671 about a new entity that we have Created. It‘s called sendero health 1261 00:53:58,671 --> 00:54:00,138 created. It‘s called sendero health Solutions, and it will function 1262 00:54:00,138 --> 00:54:02,708 it‘s called sendero health Solutions, and it will function As a t, p a or third party 1263 00:54:02,708 --> 00:54:03,041 solutions, and it will function As a t, p a or third party Administrator. 1264 00:54:03,041 --> 00:54:05,477 as a t, p a or third party Administrator. And we hope to outreach to the 1265 00:54:05,477 --> 00:54:06,679 administrator. And we hope to outreach to the Community because we now have 1266 00:54:06,679 --> 00:54:08,681 and we hope to outreach to the Community because we now have That capability in house to do 1267 00:54:08,681 --> 00:54:10,783 community because we now have That capability in house to do Claims processing, to be able to 1268 00:54:10,783 --> 00:54:11,284 that capability in house to do Claims processing, to be able to Work with. 1269 00:54:11,284 --> 00:54:13,318 claims processing, to be able to Work with. And we‘re probably going to 1270 00:54:13,318 --> 00:54:14,787 work with. And we‘re probably going to Focus on the nonprofit 1271 00:54:14,787 --> 00:54:16,689 and we‘re probably going to Focus on the nonprofit Communities in the in the area 1272 00:54:16,689 --> 00:54:18,990 focus on the nonprofit Communities in the in the area And help them have a health plan 1273 00:54:18,990 --> 00:54:22,594 communities in the in the area And help them have a health plan That can, can serve and help 1274 00:54:22,594 --> 00:54:23,895 and help them have a health plan That can, can serve and help Expand our coverage in the 1275 00:54:23,895 --> 00:54:25,131 that can, can serve and help Expand our coverage in the Community generally. 1276 00:54:25,131 --> 00:54:27,966 expand our coverage in the Community generally. So we‘re looking at services 1277 00:54:27,966 --> 00:54:28,935 community generally. So we‘re looking at services Outside of aca. 1278 00:54:28,935 --> 00:54:32,071 so we‘re looking at services Outside of aca. We‘re looking to expand the 1279 00:54:32,071 --> 00:54:33,905 outside of aca. We‘re looking to expand the Capability of sendero to 1280 00:54:33,905 --> 00:54:35,040 we‘re looking to expand the Capability of sendero to Diversify our book of business. 1281 00:54:35,040 --> 00:54:37,276 capability of sendero to Diversify our book of business. So we‘re not totally reliant on 1282 00:54:37,276 --> 00:54:39,477 diversify our book of business. So we‘re not totally reliant on The aca, which is, you probably 1283 00:54:39,477 --> 00:54:41,479 so we‘re not totally reliant on The aca, which is, you probably Are aware, is receiving 1284 00:54:41,479 --> 00:54:43,983 the aca, which is, you probably Are aware, is receiving Continual changes to its to its 1285 00:54:43,983 --> 00:54:45,384 are aware, is receiving Continual changes to its to its Governmental structure. 1286 00:54:45,384 --> 00:54:47,186 continual changes to its to its Governmental structure. And we are we‘re certainly 1287 00:54:47,186 --> 00:54:48,753 governmental structure. And we are we‘re certainly Working in not not dropping the 1288 00:54:48,753 --> 00:54:50,655 and we are we‘re certainly Working in not not dropping the Ball on that one at all, but we 1289 00:54:50,655 --> 00:54:52,223 working in not not dropping the Ball on that one at all, but we Are going to try and expand to 1290 00:54:52,223 --> 00:54:54,093 ball on that one at all, but we Are going to try and expand to See if we can‘t offer services 1291 00:54:54,093 --> 00:54:54,760 are going to try and expand to See if we can‘t offer services To the community. 1292 00:54:54,760 --> 00:54:56,395 see if we can‘t offer services To the community. Other component that we are 1293 00:54:56,395 --> 00:54:58,196 to the community. Other component that we are Building into that is a 1294 00:54:58,196 --> 00:55:00,131 other component that we are Building into that is a Credentialing verification 1295 00:55:00,131 --> 00:55:00,466 building into that is a Credentialing verification Organization. 1296 00:55:00,466 --> 00:55:02,801 credentialing verification Organization. We do credentialing for our 1297 00:55:02,801 --> 00:55:03,635 organization. We do credentialing for our Providers that we have to. 1298 00:55:03,635 --> 00:55:05,304 we do credentialing for our Providers that we have to. We‘ve been doing it for central 1299 00:55:05,304 --> 00:55:07,039 providers that we have to. We‘ve been doing it for central Health, for the map providers. 1300 00:55:07,039 --> 00:55:09,307 we‘ve been doing it for central Health, for the map providers. We‘re expanding to bring those 1301 00:55:09,307 --> 00:55:11,344 health, for the map providers. We‘re expanding to bring those Services across the across the 1302 00:55:11,344 --> 00:55:13,279 we‘re expanding to bring those Services across the across the Enterprise, across the whole 1303 00:55:13,279 --> 00:55:15,513 services across the across the Enterprise, across the whole System, under a single resource, 1304 00:55:15,513 --> 00:55:17,716 enterprise, across the whole System, under a single resource, So that we don‘t duplicate that 1305 00:55:17,716 --> 00:55:19,284 system, under a single resource, So that we don‘t duplicate that Requirement of credentialing all 1306 00:55:19,284 --> 00:55:20,686 so that we don‘t duplicate that Requirement of credentialing all Of our providers, which happens 1307 00:55:20,686 --> 00:55:23,321 requirement of credentialing all Of our providers, which happens To happen, has to occur within 1308 00:55:23,321 --> 00:55:24,924 of our providers, which happens To happen, has to occur within C, u, c, it has to occur within 1309 00:55:24,924 --> 00:55:25,458 to happen, has to occur within C, u, c, it has to occur within Central health. 1310 00:55:25,458 --> 00:55:27,892 c, u, c, it has to occur within Central health. So certainly has to occur within 1311 00:55:27,892 --> 00:55:28,127 central health. So certainly has to occur within Sendero. 1312 00:55:28,127 --> 00:55:30,029 so certainly has to occur within Sendero. So we‘re consolidating those 1313 00:55:30,029 --> 00:55:31,097 sendero. So we‘re consolidating those Services and we hope to make 1314 00:55:31,097 --> 00:55:32,131 so we‘re consolidating those Services and we hope to make That available to other 1315 00:55:32,131 --> 00:55:34,233 services and we hope to make That available to other Providers in the community so 1316 00:55:34,233 --> 00:55:37,837 that available to other Providers in the community so That we can help expand the 1317 00:55:37,837 --> 00:55:39,638 providers in the community so That we can help expand the Capability of doing doing that. 1318 00:55:39,638 --> 00:55:42,074 that we can help expand the Capability of doing doing that. And it‘s also creates a revenue 1319 00:55:42,074 --> 00:55:44,276 capability of doing doing that. And it‘s also creates a revenue Stream for sendero so that we 1320 00:55:44,276 --> 00:55:46,245 and it‘s also creates a revenue Stream for sendero so that we Can be more diversified in our 1321 00:55:46,245 --> 00:55:48,647 stream for sendero so that we Can be more diversified in our Ability to support the entire 1322 00:55:48,647 --> 00:55:49,848 can be more diversified in our Ability to support the entire Central health system. 1323 00:55:49,848 --> 00:55:51,384 ability to support the entire Central health system. >> just for a quick 1324 00:55:51,384 --> 00:55:53,385 central health system. >> just for a quick Clarification, I‘m not a medical 1325 00:55:53,385 --> 00:55:55,588 >> just for a quick Clarification, I‘m not a medical Person, and so I don‘t even 1326 00:55:55,588 --> 00:55:56,789 clarification, I‘m not a medical Person, and so I don‘t even Understand what the 1327 00:55:56,789 --> 00:55:57,922 person, and so I don‘t even Understand what the Credentialing verification 1328 00:55:57,922 --> 00:55:58,456 understand what the Credentialing verification Organization is. 1329 00:55:58,456 --> 00:55:59,824 credentialing verification Organization is. I presume people who are 1330 00:55:59,824 --> 00:56:02,128 organization is. I presume people who are Providing medical services have 1331 00:56:02,128 --> 00:56:05,263 I presume people who are Providing medical services have Been trained, have gotten the 1332 00:56:05,263 --> 00:56:09,402 providing medical services have Been trained, have gotten the Proper credentials to practice 1333 00:56:09,402 --> 00:56:09,669 been trained, have gotten the Proper credentials to practice Medicine. 1334 00:56:09,669 --> 00:56:10,402 proper credentials to practice Medicine. So what is the. 1335 00:56:10,402 --> 00:56:11,337 medicine. So what is the. >> it‘s, it‘s a. 1336 00:56:11,337 --> 00:56:11,837 so what is the. >> it‘s, it‘s a. >> very it‘s. 1337 00:56:11,837 --> 00:56:14,540 >> it‘s, it‘s a. >> very it‘s. >> it‘s a verification process. 1338 00:56:14,540 --> 00:56:16,442 >> very it‘s. >> it‘s a verification process. It looks at each provider and it 1339 00:56:16,442 --> 00:56:18,544 >> it‘s a verification process. It looks at each provider and it Says, oh, you have a, you have 1340 00:56:18,544 --> 00:56:20,946 it looks at each provider and it Says, oh, you have a, you have A, you‘re a board certified in 1341 00:56:20,946 --> 00:56:22,213 says, oh, you have a, you have A, you‘re a board certified in Family medicine. 1342 00:56:22,213 --> 00:56:23,983 a, you‘re a board certified in Family medicine. We confirm that we actually go 1343 00:56:23,983 --> 00:56:25,117 family medicine. We confirm that we actually go To the various boards. 1344 00:56:25,117 --> 00:56:27,085 we confirm that we actually go To the various boards. We confirm the education. 1345 00:56:27,085 --> 00:56:29,088 to the various boards. We confirm the education. We confirm with that they have 1346 00:56:29,088 --> 00:56:30,289 we confirm the education. We confirm with that they have Privileges at different 1347 00:56:30,289 --> 00:56:30,556 we confirm with that they have Privileges at different Hospitals. 1348 00:56:30,556 --> 00:56:32,425 privileges at different Hospitals. >> they haven‘t basically faked 1349 00:56:32,425 --> 00:56:33,558 hospitals. >> they haven‘t basically faked Some kind of certification. 1350 00:56:33,558 --> 00:56:34,125 >> they haven‘t basically faked Some kind of certification. Could be we. 1351 00:56:34,125 --> 00:56:34,392 some kind of certification. Could be we. [laughter] 1352 00:56:34,392 --> 00:56:35,628 could be we. [laughter] Could use that at the federal 1353 00:56:35,628 --> 00:56:35,827 [laughter] Could use that at the federal Level. 1354 00:56:35,827 --> 00:56:36,962 could use that at the federal Level. [laughter] 1355 00:56:36,962 --> 00:56:37,729 level. [laughter] Anyway. 1356 00:56:37,729 --> 00:56:37,996 [laughter] Anyway. Thank you. 1357 00:56:37,996 --> 00:56:40,232 anyway. Thank you. That helps. 1358 00:56:40,232 --> 00:56:43,068 thank you. That helps. >> so I think from now, where 1359 00:56:43,068 --> 00:56:44,036 that helps. >> so I think from now, where Was this go back to pat. 1360 00:56:44,036 --> 00:56:44,503 >> so I think from now, where Was this go back to pat. >> yeah. 1361 00:56:44,503 --> 00:56:46,304 was this go back to pat. >> yeah. So thank you. 1362 00:56:46,304 --> 00:56:47,138 >> yeah. So thank you. Thank you both. 1363 00:56:47,138 --> 00:56:48,773 so thank you. Thank you both. Taking us home. 1364 00:56:48,773 --> 00:56:51,544 thank you both. Taking us home. I just want to provide a brief 1365 00:56:51,544 --> 00:56:53,145 taking us home. I just want to provide a brief Update on our progress. 1366 00:56:53,145 --> 00:56:55,246 I just want to provide a brief Update on our progress. Creating a single coordinated 1367 00:56:55,246 --> 00:56:56,514 update on our progress. Creating a single coordinated System on behalf of our 1368 00:56:56,514 --> 00:56:58,784 creating a single coordinated System on behalf of our Patients, reducing duplication, 1369 00:56:58,784 --> 00:57:00,318 system on behalf of our Patients, reducing duplication, Increasing efficiency, creating 1370 00:57:00,318 --> 00:57:01,354 patients, reducing duplication, Increasing efficiency, creating A better experience. 1371 00:57:01,354 --> 00:57:03,289 increasing efficiency, creating A better experience. So we‘ve taken this in phases 1372 00:57:03,289 --> 00:57:04,624 a better experience. So we‘ve taken this in phases And I‘m delighted to share that 1373 00:57:04,624 --> 00:57:07,560 so we‘ve taken this in phases And I‘m delighted to share that We‘ve now completed the first 1374 00:57:07,560 --> 00:57:07,760 and I‘m delighted to share that We‘ve now completed the first Phase. 1375 00:57:07,760 --> 00:57:10,429 we‘ve now completed the first Phase. The five areas that we have 1376 00:57:10,429 --> 00:57:12,230 phase. The five areas that we have Brought together include health 1377 00:57:12,230 --> 00:57:15,767 the five areas that we have Brought together include health Care for the homeless, epic 1378 00:57:15,767 --> 00:57:19,104 brought together include health Care for the homeless, epic Pharmacy, addiction medicine and 1379 00:57:19,104 --> 00:57:19,405 care for the homeless, epic Pharmacy, addiction medicine and Eligibility. 1380 00:57:19,405 --> 00:57:21,706 pharmacy, addiction medicine and Eligibility. And together, these five areas 1381 00:57:21,706 --> 00:57:23,041 eligibility. And together, these five areas Touch some really important 1382 00:57:23,041 --> 00:57:24,409 and together, these five areas Touch some really important Parts of the patient experience. 1383 00:57:24,409 --> 00:57:26,311 touch some really important Parts of the patient experience. How people get connected to 1384 00:57:26,311 --> 00:57:28,080 parts of the patient experience. How people get connected to Care, how information moves 1385 00:57:28,080 --> 00:57:29,848 how people get connected to Care, how information moves Across the system, how 1386 00:57:29,848 --> 00:57:31,617 care, how information moves Across the system, how Medications are accessed, how we 1387 00:57:31,617 --> 00:57:33,051 across the system, how Medications are accessed, how we Support patients with complex 1388 00:57:33,051 --> 00:57:34,486 medications are accessed, how we Support patients with complex Needs, how we help people 1389 00:57:34,486 --> 00:57:35,754 support patients with complex Needs, how we help people Qualify for services and 1390 00:57:35,754 --> 00:57:37,056 needs, how we help people Qualify for services and Coverage available to them. 1391 00:57:37,056 --> 00:57:38,990 qualify for services and Coverage available to them. We‘re now hard at work on our 1392 00:57:38,990 --> 00:57:40,793 coverage available to them. We‘re now hard at work on our Phase two focus areas, which 1393 00:57:40,793 --> 00:57:43,128 we‘re now hard at work on our Phase two focus areas, which Include provider credentialing, 1394 00:57:43,128 --> 00:57:44,830 phase two focus areas, which Include provider credentialing, Ambulatory specialty care, 1395 00:57:44,830 --> 00:57:46,631 include provider credentialing, Ambulatory specialty care, Process improvement, 1396 00:57:46,631 --> 00:57:48,300 ambulatory specialty care, Process improvement, Transportation solutions, and 1397 00:57:48,300 --> 00:57:48,968 process improvement, Transportation solutions, and Revenue cycle. 1398 00:57:48,968 --> 00:57:50,770 transportation solutions, and Revenue cycle. These areas are critical to how 1399 00:57:50,770 --> 00:57:52,972 revenue cycle. These areas are critical to how Well our system functions they 1400 00:57:52,972 --> 00:57:54,240 these areas are critical to how Well our system functions they Drive, how quickly patients can 1401 00:57:54,240 --> 00:57:55,908 well our system functions they Drive, how quickly patients can Be seen, how easily they can 1402 00:57:55,908 --> 00:57:57,909 drive, how quickly patients can Be seen, how easily they can Move between services, how 1403 00:57:57,909 --> 00:57:59,611 be seen, how easily they can Move between services, how Consistently our teams operate 1404 00:57:59,611 --> 00:58:01,246 move between services, how Consistently our teams operate And how responsibly manage 1405 00:58:01,246 --> 00:58:02,247 consistently our teams operate And how responsibly manage Resources entrusted to us. 1406 00:58:02,247 --> 00:58:04,817 and how responsibly manage Resources entrusted to us. Looking ahead down the road, we 1407 00:58:04,817 --> 00:58:06,519 resources entrusted to us. Looking ahead down the road, we Know that communications and 1408 00:58:06,519 --> 00:58:08,321 looking ahead down the road, we Know that communications and Marketing external affairs are 1409 00:58:08,321 --> 00:58:10,088 know that communications and Marketing external affairs are Up next, and there‘ll be more 1410 00:58:10,088 --> 00:58:10,922 marketing external affairs are Up next, and there‘ll be more Behind that. 1411 00:58:10,922 --> 00:58:12,524 up next, and there‘ll be more Behind that. But as our system gws, it 1412 00:58:12,524 --> 00:58:13,959 behind that. But as our system gws, it Becomes even more important that 1413 00:58:13,959 --> 00:58:16,429 but as our system gws, it Becomes even more important that We are telling one clear story, 1414 00:58:16,429 --> 00:58:19,064 becomes even more important that We are telling one clear story, One mission, one team 1415 00:58:19,064 --> 00:58:19,898 we are telling one clear story, One mission, one team Coordinating our outreach, 1416 00:58:19,898 --> 00:58:21,033 one mission, one team Coordinating our outreach, Working together with 1417 00:58:21,033 --> 00:58:22,567 coordinating our outreach, Working together with Yourselves, other elected 1418 00:58:22,567 --> 00:58:23,969 working together with Yourselves, other elected Officials, partners, and the 1419 00:58:23,969 --> 00:58:25,104 yourselves, other elected Officials, partners, and the Community in a unified way. 1420 00:58:25,104 --> 00:58:27,939 officials, partners, and the Community in a unified way. And so with that, I just want to 1421 00:58:27,939 --> 00:58:29,942 community in a unified way. And so with that, I just want to Say a huge thank you for the 1422 00:58:29,942 --> 00:58:30,743 and so with that, I just want to Say a huge thank you for the Privilege of being here with all 1423 00:58:30,743 --> 00:58:31,142 say a huge thank you for the Privilege of being here with all Of you. 1424 00:58:31,142 --> 00:58:33,378 privilege of being here with all Of you. Thank you for your leadership, 1425 00:58:33,378 --> 00:58:35,348 of you. Thank you for your leadership, For accompanying us in so many 1426 00:58:35,348 --> 00:58:36,148 thank you for your leadership, For accompanying us in so many Ways through our journey. 1427 00:58:36,148 --> 00:58:37,882 for accompanying us in so many Ways through our journey. As we called out at the 1428 00:58:37,882 --> 00:58:38,149 ways through our journey. As we called out at the Beginning. 1429 00:58:38,149 --> 00:58:39,551 as we called out at the Beginning. And we‘d be happy to open up for 1430 00:58:39,551 --> 00:58:40,152 beginning. And we‘d be happy to open up for Any of your questions. 1431 00:58:40,152 --> 00:58:42,989 and we‘d be happy to open up for Any of your questions. Actually, before I do that, 1432 00:58:42,989 --> 00:58:44,323 any of your questions. Actually, before I do that, Chair rodriguez or vice chair, 1433 00:58:44,323 --> 00:58:45,424 actually, before I do that, Chair rodriguez or vice chair, Any closing comments you‘d like 1434 00:58:45,424 --> 00:58:47,892 chair rodriguez or vice chair, Any closing comments you‘d like To offer? 1435 00:58:47,892 --> 00:58:50,362 any closing comments you‘d like To offer? >> no, I think I think this is 1436 00:58:50,362 --> 00:58:51,463 to offer? >> no, I think I think this is Such a great example of how 1437 00:58:51,463 --> 00:58:53,165 >> no, I think I think this is Such a great example of how We‘re continuing to build trust 1438 00:58:53,165 --> 00:58:54,000 such a great example of how We‘re continuing to build trust Throughout our entire health 1439 00:58:54,000 --> 00:58:57,702 we‘re continuing to build trust Throughout our entire health Care system, and I‘ll stop 1440 00:58:57,702 --> 00:58:57,902 throughout our entire health Care system, and I‘ll stop There. 1441 00:58:57,902 --> 00:58:58,137 care system, and I‘ll stop There. >> well. 1442 00:58:58,137 --> 00:59:02,108 there. >> well. It‘s building trust across our 1443 00:59:02,108 --> 00:59:03,308 >> well. It‘s building trust across our Entire health care system, but 1444 00:59:03,308 --> 00:59:05,378 it‘s building trust across our Entire health care system, but It‘s also building trust in our 1445 00:59:05,378 --> 00:59:06,811 entire health care system, but It‘s also building trust in our Community, which is so critical 1446 00:59:06,811 --> 00:59:08,547 it‘s also building trust in our Community, which is so critical As we continue to move forward 1447 00:59:08,547 --> 00:59:10,382 community, which is so critical As we continue to move forward And in our access to care. 1448 00:59:10,382 --> 00:59:12,784 as we continue to move forward And in our access to care. So it‘s all the way around, all 1449 00:59:12,784 --> 00:59:15,754 and in our access to care. So it‘s all the way around, all The way around. 1450 00:59:15,754 --> 00:59:18,290 so it‘s all the way around, all The way around. >> questions? 1451 00:59:18,290 --> 00:59:20,993 the way around. >> questions? >> I just want to to commend the 1452 00:59:20,993 --> 00:59:23,262 >> questions? >> I just want to to commend the Team for being willing to come 1453 00:59:23,262 --> 00:59:25,030 >> I just want to to commend the Team for being willing to come Out to the community and educate 1454 00:59:25,030 --> 00:59:27,432 team for being willing to come Out to the community and educate The community on how the system 1455 00:59:27,432 --> 00:59:28,267 out to the community and educate The community on how the system Is growing. 1456 00:59:28,267 --> 00:59:30,902 the community on how the system Is growing. That‘s kind of why I ask for a 1457 00:59:30,902 --> 00:59:33,138 is growing. That‘s kind of why I ask for a Delta report every year, so that 1458 00:59:33,138 --> 00:59:35,608 that‘s kind of why I ask for a Delta report every year, so that We can look we can look at last 1459 00:59:35,608 --> 00:59:37,777 delta report every year, so that We can look we can look at last Year‘s budget as our baseline or 1460 00:59:37,777 --> 00:59:41,746 we can look we can look at last Year‘s budget as our baseline or Look back 2 or 3 years and see 1461 00:59:41,746 --> 00:59:44,583 year‘s budget as our baseline or Look back 2 or 3 years and see How things, see how the demand 1462 00:59:44,583 --> 00:59:46,485 look back 2 or 3 years and see How things, see how the demand Has grown and how we have grown 1463 00:59:46,485 --> 00:59:49,888 how things, see how the demand Has grown and how we have grown To meet that demand in a in a 1464 00:59:49,888 --> 00:59:52,490 has grown and how we have grown To meet that demand in a in a Time where the federal 1465 00:59:52,490 --> 00:59:54,794 to meet that demand in a in a Time where the federal Government is abdicating its 1466 00:59:54,794 --> 00:59:56,796 time where the federal Government is abdicating its Responsibility to the health 1467 00:59:56,796 --> 00:59:59,398 government is abdicating its Responsibility to the health Care system, followed closely by 1468 00:59:59,398 --> 01:00:02,702 responsibility to the health Care system, followed closely by The state, it is important that 1469 01:00:02,702 --> 01:00:04,736 care system, followed closely by The state, it is important that That we are able to put the 1470 01:00:04,736 --> 01:00:06,772 the state, it is important that That we are able to put the Resources that we can as a 1471 01:00:06,772 --> 01:00:09,442 that we are able to put the Resources that we can as a Community together to make sure 1472 01:00:09,442 --> 01:00:11,877 resources that we can as a Community together to make sure That our community members are 1473 01:00:11,877 --> 01:00:12,678 community together to make sure That our community members are Served. 1474 01:00:12,678 --> 01:00:15,081 that our community members are Served. And you guys are our voices, 1475 01:00:15,081 --> 01:00:17,583 served. And you guys are our voices, Our, our, our boots and, and, 1476 01:00:17,583 --> 01:00:22,388 and you guys are our voices, Our, our, our boots and, and, And our, our representation on 1477 01:00:22,388 --> 01:00:23,054 our, our, our boots and, and, And our, our representation on The ground. 1478 01:00:23,054 --> 01:00:26,257 and our, our representation on The ground. So I happy to see the direction 1479 01:00:26,257 --> 01:00:26,692 the ground. So I happy to see the direction That we‘re taking. 1480 01:00:26,692 --> 01:00:30,895 so I happy to see the direction That we‘re taking. I‘m happy to see the integration 1481 01:00:30,895 --> 01:00:32,331 that we‘re taking. I‘m happy to see the integration Between central health community 1482 01:00:32,331 --> 01:00:33,799 I‘m happy to see the integration Between central health community Care and sendero think. 1483 01:00:33,799 --> 01:00:36,301 between central health community Care and sendero think. I think that gives a very strong 1484 01:00:36,301 --> 01:00:36,534 care and sendero think. I think that gives a very strong Message. 1485 01:00:36,534 --> 01:00:40,439 I think that gives a very strong Message. I‘m happy that I have the. 1486 01:00:40,439 --> 01:00:42,540 message. I‘m happy that I have the. The chair on speed dial and I 1487 01:00:42,540 --> 01:00:44,743 I‘m happy that I have the. The chair on speed dial and I Can call him after midnight if. 1488 01:00:44,743 --> 01:00:45,010 the chair on speed dial and I Can call him after midnight if. [laughter] 1489 01:00:45,010 --> 01:00:45,277 can call him after midnight if. [laughter] Necessary. 1490 01:00:45,277 --> 01:00:46,111 [laughter] Necessary. >> why do you keep calling 1491 01:00:46,111 --> 01:00:46,712 necessary. >> why do you keep calling People after. 1492 01:00:46,712 --> 01:00:50,549 >> why do you keep calling People after. He references this with many 1493 01:00:50,549 --> 01:00:50,783 people after. He references this with many People? 1494 01:00:50,783 --> 01:00:52,284 he references this with many People? >> okay, so bad stuff happens. 1495 01:00:52,284 --> 01:00:52,550 people? >> okay, so bad stuff happens. [laughter] 1496 01:00:52,550 --> 01:00:53,118 >> okay, so bad stuff happens. [laughter] Around here after midnight. 1497 01:00:53,118 --> 01:00:55,354 [laughter] Around here after midnight. >> okay. 1498 01:00:55,354 --> 01:00:57,590 around here after midnight. >> okay. >> but my dad used to tell me 1499 01:00:57,590 --> 01:00:57,956 >> okay. >> but my dad used to tell me Nothing good. 1500 01:00:57,956 --> 01:00:58,223 >> but my dad used to tell me Nothing good. [laughter] 1501 01:00:58,223 --> 01:00:58,723 nothing good. [laughter] Happens after ten. 1502 01:00:58,723 --> 01:00:59,458 [laughter] Happens after ten. Go home. 1503 01:00:59,458 --> 01:01:00,760 happens after ten. Go home. Some folks. 1504 01:01:00,760 --> 01:01:01,026 go home. Some folks. [laughter] 1505 01:01:01,026 --> 01:01:01,560 some folks. [laughter] Don‘t go home. 1506 01:01:01,560 --> 01:01:02,527 [laughter] Don‘t go home. So. 1507 01:01:02,527 --> 01:01:04,864 don‘t go home. So. But it‘s important to know that 1508 01:01:04,864 --> 01:01:05,797 so. But it‘s important to know that We can reach out to you. 1509 01:01:05,797 --> 01:01:08,267 but it‘s important to know that We can reach out to you. It‘s important to know that we 1510 01:01:08,267 --> 01:01:11,837 we can reach out to you. It‘s important to know that we Are building systems, not just 1511 01:01:11,837 --> 01:01:12,171 it‘s important to know that we Are building systems, not just Transactions. 1512 01:01:12,171 --> 01:01:13,773 are building systems, not just Transactions. And I would appreciate the work 1513 01:01:13,773 --> 01:01:14,540 transactions. And I would appreciate the work That you‘ve done. 1514 01:01:14,540 --> 01:01:16,242 and I would appreciate the work That you‘ve done. And I‘ll try to call you before 1515 01:01:16,242 --> 01:01:17,843 that you‘ve done. And I‘ll try to call you before Midnight. 1516 01:01:17,843 --> 01:01:18,176 and I‘ll try to call you before Midnight. >> thank you. 1517 01:01:18,176 --> 01:01:18,344 midnight. >> thank you. Sir. 1518 01:01:18,344 --> 01:01:21,980 >> thank you. Sir. >> just want to say I, I 1519 01:01:21,980 --> 01:01:23,081 sir. >> just want to say I, I Really want to celebrate the 1520 01:01:23,081 --> 01:01:26,284 >> just want to say I, I Really want to celebrate the Progress that that this 1521 01:01:26,284 --> 01:01:28,186 really want to celebrate the Progress that that this Presentation, I think really 1522 01:01:28,186 --> 01:01:29,588 progress that that this Presentation, I think really Demonstrates because we only a 1523 01:01:29,588 --> 01:01:32,658 presentation, I think really Demonstrates because we only a Few years ago, we had real 1524 01:01:32,658 --> 01:01:33,759 demonstrates because we only a Few years ago, we had real Concerns about approving the 1525 01:01:33,759 --> 01:01:34,926 few years ago, we had real Concerns about approving the Budget because we felt like we 1526 01:01:34,926 --> 01:01:36,361 concerns about approving the Budget because we felt like we Weren‘t getting our questions 1527 01:01:36,361 --> 01:01:36,628 budget because we felt like we Weren‘t getting our questions Answered. 1528 01:01:36,628 --> 01:01:38,831 weren‘t getting our questions Answered. And there was a lot of concern 1529 01:01:38,831 --> 01:01:39,297 answered. And there was a lot of concern From the community. 1530 01:01:39,297 --> 01:01:41,901 and there was a lot of concern From the community. What are we getting for the 1531 01:01:41,901 --> 01:01:44,036 from the community. What are we getting for the Additional $35 million that are 1532 01:01:44,036 --> 01:01:44,669 what are we getting for the Additional $35 million that are Being spent? 1533 01:01:44,669 --> 01:01:45,838 additional $35 million that are Being spent? And I and I do still have 1534 01:01:45,838 --> 01:01:46,272 being spent? And I and I do still have Questions on that. 1535 01:01:46,272 --> 01:01:49,074 and I and I do still have Questions on that. But but you‘ve done a lot of 1536 01:01:49,074 --> 01:01:50,909 questions on that. But but you‘ve done a lot of Work to answer those questions 1537 01:01:50,909 --> 01:01:52,878 but but you‘ve done a lot of Work to answer those questions And to work more cooperatively 1538 01:01:52,878 --> 01:01:55,881 work to answer those questions And to work more cooperatively With ut and del med and get more 1539 01:01:55,881 --> 01:01:57,148 and to work more cooperatively With ut and del med and get more Answers for that information. 1540 01:01:57,148 --> 01:01:59,452 with ut and del med and get more Answers for that information. But I‘m just really impressed 1541 01:01:59,452 --> 01:02:00,820 answers for that information. But I‘m just really impressed With the vision that you‘ve 1542 01:02:00,820 --> 01:02:02,655 but I‘m just really impressed With the vision that you‘ve Created and that you‘re 1543 01:02:02,655 --> 01:02:04,557 with the vision that you‘ve Created and that you‘re Implementing to bring together 1544 01:02:04,557 --> 01:02:06,125 created and that you‘re Implementing to bring together These islands of care where 1545 01:02:06,125 --> 01:02:07,760 implementing to bring together These islands of care where People were, as you described, 1546 01:02:07,760 --> 01:02:08,928 these islands of care where People were, as you described, Doctor lee, swimming from island 1547 01:02:08,928 --> 01:02:10,595 people were, as you described, Doctor lee, swimming from island To island and drowning on the 1548 01:02:10,595 --> 01:02:11,897 doctor lee, swimming from island To island and drowning on the Way, not getting the care they 1549 01:02:11,897 --> 01:02:12,131 to island and drowning on the Way, not getting the care they Needed. 1550 01:02:12,131 --> 01:02:15,567 way, not getting the care they Needed. And, and, and suffering really 1551 01:02:15,567 --> 01:02:16,902 needed. And, and, and suffering really Serious health consequences. 1552 01:02:16,902 --> 01:02:19,905 and, and, and suffering really Serious health consequences. I did have a couple of questions 1553 01:02:19,905 --> 01:02:20,939 serious health consequences. I did have a couple of questions With the highlights in the 1554 01:02:20,939 --> 01:02:22,740 I did have a couple of questions With the highlights in the Increase in the direct specialty 1555 01:02:22,740 --> 01:02:24,810 with the highlights in the Increase in the direct specialty Care and the increase in the 1556 01:02:24,810 --> 01:02:26,611 increase in the direct specialty Care and the increase in the Primary care, it seems like 1557 01:02:26,611 --> 01:02:28,446 care and the increase in the Primary care, it seems like These are these are really 1558 01:02:28,446 --> 01:02:30,148 primary care, it seems like These are these are really Important increases in there and 1559 01:02:30,148 --> 01:02:32,250 these are these are really Important increases in there and They‘re super valuable services 1560 01:02:32,250 --> 01:02:33,051 important increases in there and They‘re super valuable services For people because that was 1561 01:02:33,051 --> 01:02:34,520 they‘re super valuable services For people because that was Another area people were having 1562 01:02:34,520 --> 01:02:35,821 for people because that was Another area people were having To wait a long time for 1563 01:02:35,821 --> 01:02:38,124 another area people were having To wait a long time for Specialty care services. 1564 01:02:38,124 --> 01:02:41,226 to wait a long time for Specialty care services. And are these essentially almost 1565 01:02:41,226 --> 01:02:44,063 specialty care services. And are these essentially almost All medicare or medicaid 1566 01:02:44,063 --> 01:02:44,362 and are these essentially almost All medicare or medicaid Reimbursed? 1567 01:02:44,362 --> 01:02:45,564 all medicare or medicaid Reimbursed? I guess it would be medicaid. 1568 01:02:45,564 --> 01:02:48,233 reimbursed? I guess it would be medicaid. >> it is a combination depending 1569 01:02:48,233 --> 01:02:49,468 I guess it would be medicaid. >> it is a combination depending On which environment is in. 1570 01:02:49,468 --> 01:02:52,003 >> it is a combination depending On which environment is in. So in terms of the central 1571 01:02:52,003 --> 01:02:53,539 on which environment is in. So in terms of the central Health specialty services, as we 1572 01:02:53,539 --> 01:02:54,973 so in terms of the central Health specialty services, as we Talked about before, those are 1573 01:02:54,973 --> 01:02:55,941 health specialty services, as we Talked about before, those are Primary right now. 1574 01:02:55,941 --> 01:02:58,743 talked about before, those are Primary right now. Map, map, basic patients. 1575 01:02:58,743 --> 01:03:02,148 primary right now. Map, map, basic patients. They have received the ability 1576 01:03:02,148 --> 01:03:04,382 map, map, basic patients. They have received the ability To serve medicare patients 1577 01:03:04,382 --> 01:03:05,216 they have received the ability To serve medicare patients Fairly recently. 1578 01:03:05,216 --> 01:03:07,019 to serve medicare patients Fairly recently. Medicaid is still pending. 1579 01:03:07,019 --> 01:03:09,254 fairly recently. Medicaid is still pending. They‘ve added sendero in 1580 01:03:09,254 --> 01:03:10,422 medicaid is still pending. They‘ve added sendero in Community care environment 1581 01:03:10,422 --> 01:03:12,858 they‘ve added sendero in Community care environment Because we are older and we can 1582 01:03:12,858 --> 01:03:14,125 community care environment Because we are older and we can See patients across. 1583 01:03:14,125 --> 01:03:16,662 because we are older and we can See patients across. And we also have sliding scale 1584 01:03:16,662 --> 01:03:18,196 see patients across. And we also have sliding scale Fee and other grant programs to 1585 01:03:18,196 --> 01:03:19,064 and we also have sliding scale Fee and other grant programs to Help support. 1586 01:03:19,064 --> 01:03:21,800 fee and other grant programs to Help support. And we do have some specialty 1587 01:03:21,800 --> 01:03:22,067 help support. And we do have some specialty Services. 1588 01:03:22,067 --> 01:03:23,702 and we do have some specialty Services. So we are able to see medicaid 1589 01:03:23,702 --> 01:03:24,036 services. So we are able to see medicaid And medicare. 1590 01:03:24,036 --> 01:03:25,737 so we are able to see medicaid And medicare. But that is why when we start 1591 01:03:25,737 --> 01:03:27,338 and medicare. But that is why when we start Talking about coverages, we‘re 1592 01:03:27,338 --> 01:03:29,175 but that is why when we start Talking about coverages, we‘re Trying to make sure that 1593 01:03:29,175 --> 01:03:30,509 talking about coverages, we‘re Trying to make sure that Coverage is consistent across 1594 01:03:30,509 --> 01:03:30,776 trying to make sure that Coverage is consistent across The board. 1595 01:03:30,776 --> 01:03:32,443 coverage is consistent across The board. So it doesn‘t matter which door 1596 01:03:32,443 --> 01:03:33,811 the board. So it doesn‘t matter which door Folks enter, they can be seen 1597 01:03:33,811 --> 01:03:34,280 so it doesn‘t matter which door Folks enter, they can be seen And cared for. 1598 01:03:34,280 --> 01:03:35,080 folks enter, they can be seen And cared for. >> okay. 1599 01:03:35,080 --> 01:03:39,584 and cared for. >> okay. Anyway, just great, great kudos 1600 01:03:39,584 --> 01:03:41,152 >> okay. Anyway, just great, great kudos For the vision and the 1601 01:03:41,152 --> 01:03:43,289 anyway, just great, great kudos For the vision and the Implementation on providing more 1602 01:03:43,289 --> 01:03:44,790 for the vision and the Implementation on providing more Care and better care to the 1603 01:03:44,790 --> 01:03:45,057 implementation on providing more Care and better care to the Community. 1604 01:03:45,057 --> 01:03:46,759 care and better care to the Community. And honestly, given the increase 1605 01:03:46,759 --> 01:03:49,061 community. And honestly, given the increase In health care costs that costs, 1606 01:03:49,061 --> 01:03:51,597 and honestly, given the increase In health care costs that costs, That every entity is seeing, I‘d 1607 01:03:51,597 --> 01:03:52,997 in health care costs that costs, That every entity is seeing, I‘d Love to know if at some point 1608 01:03:52,997 --> 01:03:55,034 that every entity is seeing, I‘d Love to know if at some point Sendero can, you know, be a 1609 01:03:55,034 --> 01:03:56,601 love to know if at some point Sendero can, you know, be a Service provider for that kind 1610 01:03:56,601 --> 01:03:59,138 sendero can, you know, be a Service provider for that kind Of thing for institutions like 1611 01:03:59,138 --> 01:04:00,439 service provider for that kind Of thing for institutions like Travis county, I don‘t know if 1612 01:04:00,439 --> 01:04:01,639 of thing for institutions like Travis county, I don‘t know if That‘s feasible in the future, 1613 01:04:01,639 --> 01:04:04,175 travis county, I don‘t know if That‘s feasible in the future, But we are really struggling 1614 01:04:04,175 --> 01:04:06,245 that‘s feasible in the future, But we are really struggling With substantial cost increases 1615 01:04:06,245 --> 01:04:08,479 but we are really struggling With substantial cost increases That were unanticipated. 1616 01:04:08,479 --> 01:04:09,547 with substantial cost increases That were unanticipated. Thank you. 1617 01:04:09,547 --> 01:04:10,449 that were unanticipated. Thank you. >> I‘d love to. 1618 01:04:10,449 --> 01:04:12,384 thank you. >> I‘d love to. >> commissioner. 1619 01:04:12,384 --> 01:04:14,152 >> I‘d love to. >> commissioner. Thank you all for being here. 1620 01:04:14,152 --> 01:04:16,287 >> commissioner. Thank you all for being here. I love these presentations, and 1621 01:04:16,287 --> 01:04:17,889 thank you all for being here. I love these presentations, and You all are such a well greased 1622 01:04:17,889 --> 01:04:18,122 I love these presentations, and You all are such a well greased Machine. 1623 01:04:18,122 --> 01:04:20,226 you all are such a well greased Machine. Now on presenting together. 1624 01:04:20,226 --> 01:04:22,527 machine. Now on presenting together. It feels like a nice family 1625 01:04:22,527 --> 01:04:22,727 now on presenting together. It feels like a nice family Show. 1626 01:04:22,727 --> 01:04:24,029 it feels like a nice family Show. So thank you very much. 1627 01:04:24,029 --> 01:04:26,365 show. So thank you very much. I‘m sharon, I want to follow up 1628 01:04:26,365 --> 01:04:28,933 so thank you very much. I‘m sharon, I want to follow up With you about helping a group 1629 01:04:28,933 --> 01:04:32,638 I‘m sharon, I want to follow up With you about helping a group Of lawyers that the county 1630 01:04:32,638 --> 01:04:34,372 with you about helping a group Of lawyers that the county Relies on, who represent, who do 1631 01:04:34,372 --> 01:04:35,941 of lawyers that the county Relies on, who represent, who do Our criminal public defense 1632 01:04:35,941 --> 01:04:38,911 relies on, who represent, who do Our criminal public defense Work, they‘re solo 1633 01:04:38,911 --> 01:04:39,245 our criminal public defense Work, they‘re solo Practitioners. 1634 01:04:39,245 --> 01:04:41,080 work, they‘re solo Practitioners. And one thing we‘ve identified 1635 01:04:41,080 --> 01:04:43,381 practitioners. And one thing we‘ve identified That could help make their work 1636 01:04:43,381 --> 01:04:45,483 and one thing we‘ve identified That could help make their work More affordable, as if they had 1637 01:04:45,483 --> 01:04:47,986 that could help make their work More affordable, as if they had Access to health care. 1638 01:04:47,986 --> 01:04:50,189 more affordable, as if they had Access to health care. And we don‘t know how to help 1639 01:04:50,189 --> 01:04:51,223 access to health care. And we don‘t know how to help Them do that, you. 1640 01:04:51,223 --> 01:04:51,490 and we don‘t know how to help Them do that, you. [laughter] 1641 01:04:51,490 --> 01:04:52,458 them do that, you. [laughter] Know,ut maybe you do. 1642 01:04:52,458 --> 01:04:53,192 [laughter] Know,ut maybe you do. So we‘ll. 1643 01:04:53,192 --> 01:04:54,226 know,ut maybe you do. So we‘ll. >> we‘ll. 1644 01:04:54,226 --> 01:04:54,493 so we‘ll. >> we‘ll. [laughter] 1645 01:04:54,493 --> 01:04:55,460 >> we‘ll. [laughter] Have a conversation, okay? 1646 01:04:55,460 --> 01:04:57,729 [laughter] Have a conversation, okay? >> okay. 1647 01:04:57,729 --> 01:04:58,797 have a conversation, okay? >> okay. Secondly, for all of those in 1648 01:04:58,797 --> 01:05:00,966 >> okay. Secondly, for all of those in The room that have worked on 1649 01:05:00,966 --> 01:05:02,700 secondly, for all of those in The room that have worked on Homelessness together with me, 1650 01:05:02,700 --> 01:05:04,068 the room that have worked on Homelessness together with me, It‘s fun to see that central 1651 01:05:04,068 --> 01:05:06,004 homelessness together with me, It‘s fun to see that central Health got a grant from echo. 1652 01:05:06,004 --> 01:05:06,972 it‘s fun to see that central Health got a grant from echo. Did you all hear that? 1653 01:05:06,972 --> 01:05:08,206 health got a grant from echo. Did you all hear that? That‘s pretty. 1654 01:05:08,206 --> 01:05:10,276 did you all hear that? That‘s pretty. It‘s usually we‘re begging 1655 01:05:10,276 --> 01:05:11,676 that‘s pretty. It‘s usually we‘re begging Central health for money for 1656 01:05:11,676 --> 01:05:11,877 it‘s usually we‘re begging Central health for money for Echo. 1657 01:05:11,877 --> 01:05:13,611 central health for money for Echo. So that‘s sort of a new way of 1658 01:05:13,611 --> 01:05:14,513 echo. So that‘s sort of a new way of Doing business. 1659 01:05:14,513 --> 01:05:16,514 so that‘s sort of a new way of Doing business. You talk about trust and you 1660 01:05:16,514 --> 01:05:17,716 doing business. You talk about trust and you Talk about the community. 1661 01:05:17,716 --> 01:05:20,419 you talk about trust and you Talk about the community. And with all this growth, can 1662 01:05:20,419 --> 01:05:24,023 talk about the community. And with all this growth, can Anybody comment on what the rest 1663 01:05:24,023 --> 01:05:26,625 and with all this growth, can Anybody comment on what the rest Of the health care community, 1664 01:05:26,625 --> 01:05:28,861 anybody comment on what the rest Of the health care community, The the providers in the 1665 01:05:28,861 --> 01:05:29,794 of the health care community, The the providers in the Community? 1666 01:05:29,794 --> 01:05:31,729 the the providers in the Community? What are y‘all finding? 1667 01:05:31,729 --> 01:05:35,134 community? What are y‘all finding? Are they accepng all of this 1668 01:05:35,134 --> 01:05:36,334 what are y‘all finding? Are they accepng all of this Growth from central health, or 1669 01:05:36,334 --> 01:05:38,169 are they accepng all of this Growth from central health, or Are you building new 1670 01:05:38,169 --> 01:05:38,503 growth from central health, or Are you building new Relationships? 1671 01:05:38,503 --> 01:05:41,406 are you building new Relationships? Like, what is your expansion 1672 01:05:41,406 --> 01:05:45,377 relationships? Like, what is your expansion Doing to the ecosystem of health 1673 01:05:45,377 --> 01:05:45,577 like, what is your expansion Doing to the ecosystem of health Care? 1674 01:05:45,577 --> 01:05:46,645 doing to the ecosystem of health Care? I‘m just curious about that. 1675 01:05:46,645 --> 01:05:48,414 care? I‘m just curious about that. >> yeah, I love that question. 1676 01:05:48,414 --> 01:05:50,081 I‘m just curious about that. >> yeah, I love that question. And let me first say a huge 1677 01:05:50,081 --> 01:05:51,283 >> yeah, I love that question. And let me first say a huge Thank you to matt, malika and 1678 01:05:51,283 --> 01:05:52,183 and let me first say a huge Thank you to matt, malika and The team at echo. 1679 01:05:52,183 --> 01:05:54,253 thank you to matt, malika and The team at echo. That collaboration and the 1680 01:05:54,253 --> 01:05:55,387 the team at echo. That collaboration and the Collaboration with david gray 1681 01:05:55,387 --> 01:05:56,989 that collaboration and the Collaboration with david gray And the city of austin, you 1682 01:05:56,989 --> 01:05:59,223 collaboration with david gray And the city of austin, you Know, with pilar sanchez and the 1683 01:05:59,223 --> 01:06:01,060 and the city of austin, you Know, with pilar sanchez and the Team at the county and our 1684 01:06:01,060 --> 01:06:02,561 know, with pilar sanchez and the Team at the county and our Integral care colleagues, the 1685 01:06:02,561 --> 01:06:03,662 team at the county and our Integral care colleagues, the Homeless community has opened 1686 01:06:03,662 --> 01:06:05,129 integral care colleagues, the Homeless community has opened Their arms and have allowed us 1687 01:06:05,129 --> 01:06:07,299 homeless community has opened Their arms and have allowed us To work together arm in arm, and 1688 01:06:07,299 --> 01:06:08,466 their arms and have allowed us To work together arm in arm, and We really appreciate that. 1689 01:06:08,466 --> 01:06:10,002 to work together arm in arm, and We really appreciate that. So I didn‘t want to miss that 1690 01:06:10,002 --> 01:06:10,202 we really appreciate that. So I didn‘t want to miss that Point. 1691 01:06:10,202 --> 01:06:11,070 so I didn‘t want to miss that Point. Thanks for calling that out and 1692 01:06:11,070 --> 01:06:11,637 point. Thanks for calling that out and For your leadership. 1693 01:06:11,637 --> 01:06:13,237 thanks for calling that out and For your leadership. Commissioner howard in that 1694 01:06:13,237 --> 01:06:13,439 for your leadership. Commissioner howard in that Space. 1695 01:06:13,439 --> 01:06:16,675 commissioner howard in that Space. And to your second question. 1696 01:06:16,675 --> 01:06:18,611 space. And to your second question. The short answer is yes. 1697 01:06:18,611 --> 01:06:21,347 and to your second question. The short answer is yes. You know, in these islands of 1698 01:06:21,347 --> 01:06:23,482 the short answer is yes. You know, in these islands of Care, commissioner shea, a lot 1699 01:06:23,482 --> 01:06:25,718 you know, in these islands of Care, commissioner shea, a lot Of patients couldn‘t get the 1700 01:06:25,718 --> 01:06:27,585 care, commissioner shea, a lot Of patients couldn‘t get the Preventive care they needed. 1701 01:06:27,585 --> 01:06:28,854 of patients couldn‘t get the Preventive care they needed. They couldn‘t manage their 1702 01:06:28,854 --> 01:06:30,155 preventive care they needed. They couldn‘t manage their Chronic diseases. 1703 01:06:30,155 --> 01:06:33,158 they couldn‘t manage their Chronic diseases. They went undiagnosed for their 1704 01:06:33,158 --> 01:06:34,593 chronic diseases. They went undiagnosed for their Cancers until it was too late. 1705 01:06:34,593 --> 01:06:36,729 they went undiagnosed for their Cancers until it was too late. But then they showed up in the 1706 01:06:36,729 --> 01:06:38,530 cancers until it was too late. But then they showed up in the Emergency department and they 1707 01:06:38,530 --> 01:06:40,531 but then they showed up in the Emergency department and they Showed up in the crisis care 1708 01:06:40,531 --> 01:06:42,401 emergency department and they Showed up in the crisis care System, in the jail, on the 1709 01:06:42,401 --> 01:06:44,202 showed up in the crisis care System, in the jail, on the Street, or just much more 1710 01:06:44,202 --> 01:06:45,203 system, in the jail, on the Street, or just much more Advanced disease. 1711 01:06:45,203 --> 01:06:48,506 street, or just much more Advanced disease. And no doctor likes to see that. 1712 01:06:48,506 --> 01:06:50,608 advanced disease. And no doctor likes to see that. And so as we have begun to 1713 01:06:50,608 --> 01:06:53,479 and no doctor likes to see that. And so as we have begun to Provide meaningful access across 1714 01:06:53,479 --> 01:06:56,448 and so as we have begun to Provide meaningful access across 35 new specialty and diagnostic 1715 01:06:56,448 --> 01:06:57,816 provide meaningful access across 35 new specialty and diagnostic Services for low income 1716 01:06:57,816 --> 01:06:59,618 35 new specialty and diagnostic Services for low income Individuals that did not exist 1717 01:06:59,618 --> 01:07:01,587 services for low income Individuals that did not exist Before, we have found a lot of 1718 01:07:01,587 --> 01:07:02,154 individuals that did not exist Before, we have found a lot of Common cause. 1719 01:07:02,154 --> 01:07:04,189 before, we have found a lot of Common cause. In particular, I want to lift up 1720 01:07:04,189 --> 01:07:05,324 common cause. In particular, I want to lift up Our colleagues at the university 1721 01:07:05,324 --> 01:07:08,127 in particular, I want to lift up Our colleagues at the university Of texas, in particular, so many 1722 01:07:08,127 --> 01:07:10,361 our colleagues at the university Of texas, in particular, so many Of the physicians, faculty, 1723 01:07:10,361 --> 01:07:12,164 of texas, in particular, so many Of the physicians, faculty, Trainees, residents who‘ve come 1724 01:07:12,164 --> 01:07:14,932 of the physicians, faculty, Trainees, residents who‘ve come To train or teach or serve at 1725 01:07:14,932 --> 01:07:17,368 trainees, residents who‘ve come To train or teach or serve at Ut, you know, come because they 1726 01:07:17,368 --> 01:07:19,171 to train or teach or serve at Ut, you know, come because they Believe in doing the very best 1727 01:07:19,171 --> 01:07:21,006 ut, you know, come because they Believe in doing the very best That‘s that‘s possible on planet 1728 01:07:21,006 --> 01:07:21,206 believe in doing the very best That‘s that‘s possible on planet Earth. 1729 01:07:21,206 --> 01:07:23,475 that‘s that‘s possible on planet Earth. And they want to care for 1730 01:07:23,475 --> 01:07:24,743 earth. And they want to care for Everybody in our community. 1731 01:07:24,743 --> 01:07:27,212 and they want to care for Everybody in our community. And so there are innumerable 1732 01:07:27,212 --> 01:07:28,179 everybody in our community. And so there are innumerable Conversations that we‘ve been 1733 01:07:28,179 --> 01:07:29,948 and so there are innumerable Conversations that we‘ve been Having across a range of 1734 01:07:29,948 --> 01:07:31,750 conversations that we‘ve been Having across a range of Specialties as we figure out 1735 01:07:31,750 --> 01:07:33,851 having across a range of Specialties as we figure out Even better ways to work 1736 01:07:33,851 --> 01:07:34,118 specialties as we figure out Even better ways to work Alongside. 1737 01:07:34,118 --> 01:07:36,621 even better ways to work Alongside. And as the court has seen, I 1738 01:07:36,621 --> 01:07:38,424 alongside. And as the court has seen, I Think in a relatively recent 1739 01:07:38,424 --> 01:07:39,692 and as the court has seen, I Think in a relatively recent Presentation, much of that work 1740 01:07:39,692 --> 01:07:42,428 think in a relatively recent Presentation, much of that work Is done by ut faculty and 1741 01:07:42,428 --> 01:07:43,594 presentation, much of that work Is done by ut faculty and Fellows and residents and 1742 01:07:43,594 --> 01:07:45,331 is done by ut faculty and Fellows and residents and Students in our community care. 1743 01:07:45,331 --> 01:07:48,334 fellows and residents and Students in our community care. You know, clinical environments. 1744 01:07:48,334 --> 01:07:49,500 students in our community care. You know, clinical environments. And soon, you know, in our 1745 01:07:49,500 --> 01:07:50,936 you know, clinical environments. And soon, you know, in our Central health specialty 1746 01:07:50,936 --> 01:07:51,602 and soon, you know, in our Central health specialty Environments as well. 1747 01:07:51,602 --> 01:07:54,840 central health specialty Environments as well. And so I think it is a welcome 1748 01:07:54,840 --> 01:07:56,141 environments as well. And so I think it is a welcome Thing to see that we are 1749 01:07:56,141 --> 01:07:58,277 and so I think it is a welcome Thing to see that we are Beginning to round out the 1750 01:07:58,277 --> 01:08:01,513 thing to see that we are Beginning to round out the Availability of services for the 1751 01:08:01,513 --> 01:08:03,848 beginning to round out the Availability of services for the Probably 1 in 4, you know, 1752 01:08:03,848 --> 01:08:05,351 availability of services for the Probably 1 in 4, you know, Eventually members of our 1753 01:08:05,351 --> 01:08:07,952 probably 1 in 4, you know, Eventually members of our Community who need access, you 1754 01:08:07,952 --> 01:08:09,621 eventually members of our Community who need access, you Know, and, and can‘t just go pay 1755 01:08:09,621 --> 01:08:12,523 community who need access, you Know, and, and can‘t just go pay Out of pocket, you know, to one 1756 01:08:12,523 --> 01:08:13,791 know, and, and can‘t just go pay Out of pocket, you know, to one Of the private clinics. 1757 01:08:13,791 --> 01:08:16,027 out of pocket, you know, to one Of the private clinics. And so generally response in 1758 01:08:16,027 --> 01:08:17,429 of the private clinics. And so generally response in Very, very positive, 1759 01:08:17,429 --> 01:08:17,763 and so generally response in Very, very positive, Commissioner. 1760 01:08:17,763 --> 01:08:18,429 very, very positive, Commissioner. >> thank you. 1761 01:08:18,429 --> 01:08:21,567 commissioner. >> thank you. >> if I may contribute to that 1762 01:08:21,567 --> 01:08:25,037 >> thank you. >> if I may contribute to that Within sendero, we have about 1763 01:08:25,037 --> 01:08:27,338 >> if I may contribute to that Within sendero, we have about Close to 11,000 providers that 1764 01:08:27,338 --> 01:08:31,043 within sendero, we have about Close to 11,000 providers that Are in our network, and we 1765 01:08:31,043 --> 01:08:31,343 close to 11,000 providers that Are in our network, and we Continually. 1766 01:08:31,343 --> 01:08:32,878 are in our network, and we Continually. In fact, just this week, I‘ve 1767 01:08:32,878 --> 01:08:34,912 continually. In fact, just this week, I‘ve Had a conversation with my 1768 01:08:34,912 --> 01:08:37,316 in fact, just this week, I‘ve Had a conversation with my Network team to say, slow it up, 1769 01:08:37,316 --> 01:08:37,516 had a conversation with my Network team to say, slow it up, Guys. 1770 01:08:37,516 --> 01:08:40,486 network team to say, slow it up, Guys. We can‘t quite keep up with the 1771 01:08:40,486 --> 01:08:42,321 guys. We can‘t quite keep up with the Volume coming in of providers 1772 01:08:42,321 --> 01:08:44,323 we can‘t quite keep up with the Volume coming in of providers Reaching out to sendero saying, 1773 01:08:44,323 --> 01:08:45,357 volume coming in of providers Reaching out to sendero saying, We want to participate. 1774 01:08:45,357 --> 01:08:46,992 reaching out to sendero saying, We want to participate. We want to be in your network. 1775 01:08:46,992 --> 01:08:49,361 we want to participate. We want to be in your network. So I think the community at 1776 01:08:49,361 --> 01:08:52,131 we want to be in your network. So I think the community at Large is very supportive of what 1777 01:08:52,131 --> 01:08:53,198 so I think the community at Large is very supportive of what Central health is doing, and 1778 01:08:53,198 --> 01:08:54,566 large is very supportive of what Central health is doing, and We‘re seeing that from the 1779 01:08:54,566 --> 01:08:55,767 central health is doing, and We‘re seeing that from the Providers reaching out to us to 1780 01:08:55,767 --> 01:08:57,536 we‘re seeing that from the Providers reaching out to us to Be a participant in our well 1781 01:08:57,536 --> 01:08:58,703 providers reaching out to us to Be a participant in our well Within the sendero. 1782 01:08:58,703 --> 01:09:00,706 be a participant in our well Within the sendero. So I think I think they‘re 1783 01:09:00,706 --> 01:09:00,973 within the sendero. So I think I think they‘re Positive. 1784 01:09:00,973 --> 01:09:02,507 so I think I think they‘re Positive. I think they appreciate what 1785 01:09:02,507 --> 01:09:04,009 positive. I think they appreciate what We‘re doing, and they know that 1786 01:09:04,009 --> 01:09:05,943 I think they appreciate what We‘re doing, and they know that If we can take care of this 1787 01:09:05,943 --> 01:09:07,713 we‘re doing, and they know that If we can take care of this Population, it means that 1788 01:09:07,713 --> 01:09:09,547 if we can take care of this Population, it means that They‘re not seeing patients that 1789 01:09:09,547 --> 01:09:10,783 population, it means that They‘re not seeing patients that That aren‘t reimbursed. 1790 01:09:10,783 --> 01:09:12,450 they‘re not seeing patients that That aren‘t reimbursed. They‘re not seeing patients in 1791 01:09:12,450 --> 01:09:14,887 that aren‘t reimbursed. They‘re not seeing patients in The er, that there‘s that 1792 01:09:14,887 --> 01:09:16,254 they‘re not seeing patients in The er, that there‘s that Wouldn‘t need to be there had 1793 01:09:16,254 --> 01:09:17,723 the er, that there‘s that Wouldn‘t need to be there had They had appropriate primary 1794 01:09:17,723 --> 01:09:17,922 wouldn‘t need to be there had They had appropriate primary Care. 1795 01:09:17,922 --> 01:09:19,290 they had appropriate primary Care. So I think it‘s a positive 1796 01:09:19,290 --> 01:09:20,591 care. So I think it‘s a positive Feedback for the provider 1797 01:09:20,591 --> 01:09:20,858 so I think it‘s a positive Feedback for the provider Community. 1798 01:09:20,858 --> 01:09:22,895 feedback for the provider Community. >> and I guess I was thinking 1799 01:09:22,895 --> 01:09:24,897 community. >> and I guess I was thinking About other like clinic systems 1800 01:09:24,897 --> 01:09:26,564 >> and I guess I was thinking About other like clinic systems Like austin regional clinic, 1801 01:09:26,564 --> 01:09:28,901 about other like clinic systems Like austin regional clinic, Austin, austin diagnostic 1802 01:09:28,901 --> 01:09:30,269 like austin regional clinic, Austin, austin diagnostic Clinic, like in a sense, you‘re 1803 01:09:30,269 --> 01:09:32,371 austin, austin diagnostic Clinic, like in a sense, you‘re A new competitor to them. 1804 01:09:32,371 --> 01:09:33,706 clinic, like in a sense, you‘re A new competitor to them. It seems like there‘s plenty of 1805 01:09:33,706 --> 01:09:34,939 a new competitor to them. It seems like there‘s plenty of People to go around. 1806 01:09:34,939 --> 01:09:35,307 it seems like there‘s plenty of People to go around. >> yeah. 1807 01:09:35,307 --> 01:09:36,274 people to go around. >> yeah. Yes, but no. 1808 01:09:36,274 --> 01:09:39,745 >> yeah. Yes, but no. And in the case of medicaid, we 1809 01:09:39,745 --> 01:09:41,879 yes, but no. And in the case of medicaid, we Get a far superior reimbursement 1810 01:09:41,879 --> 01:09:42,448 and in the case of medicaid, we Get a far superior reimbursement Rate than they do. 1811 01:09:42,448 --> 01:09:44,382 get a far superior reimbursement Rate than they do. They lose money, frankly, on 1812 01:09:44,382 --> 01:09:46,652 rate than they do. They lose money, frankly, on Every medicaid patient that they 1813 01:09:46,652 --> 01:09:46,818 they lose money, frankly, on Every medicaid patient that they See. 1814 01:09:46,818 --> 01:09:47,286 every medicaid patient that they See. Okay. 1815 01:09:47,286 --> 01:09:51,389 see. Okay. And so they are happy to share. 1816 01:09:51,389 --> 01:09:53,091 okay. And so they are happy to share. And in fact, we are visiting 1817 01:09:53,091 --> 01:09:54,493 and so they are happy to share. And in fact, we are visiting Their spaces, learning things 1818 01:09:54,493 --> 01:09:56,962 and in fact, we are visiting Their spaces, learning things From them on how to be more 1819 01:09:56,962 --> 01:09:57,229 their spaces, learning things From them on how to be more Effective. 1820 01:09:57,229 --> 01:09:59,364 from them on how to be more Effective. And so, you know, there may be 1821 01:09:59,364 --> 01:10:02,067 effective. And so, you know, there may be Some tiny bit of competition, 1822 01:10:02,067 --> 01:10:04,135 and so, you know, there may be Some tiny bit of competition, But generally we are all 1823 01:10:04,135 --> 01:10:04,902 some tiny bit of competition, But generally we are all Collaborating together to do 1824 01:10:04,902 --> 01:10:05,970 but generally we are all Collaborating together to do This work because it‘s in our 1825 01:10:05,970 --> 01:10:06,705 collaborating together to do This work because it‘s in our Best interest. 1826 01:10:06,705 --> 01:10:07,439 this work because it‘s in our Best interest. >> fabulous. 1827 01:10:07,439 --> 01:10:09,441 best interest. >> fabulous. >> sounds like things are moving 1828 01:10:09,441 --> 01:10:11,510 >> fabulous. >> sounds like things are moving Along better in this whole 1829 01:10:11,510 --> 01:10:13,378 >> sounds like things are moving Along better in this whole Community, and I‘m especially 1830 01:10:13,378 --> 01:10:15,147 along better in this whole Community, and I‘m especially Glad to see the numbers with 1831 01:10:15,147 --> 01:10:15,379 community, and I‘m especially Glad to see the numbers with Sendero. 1832 01:10:15,379 --> 01:10:18,250 glad to see the numbers with Sendero. That‘s a population that I have, 1833 01:10:18,250 --> 01:10:21,385 sendero. That‘s a population that I have, You know, just really concern. 1834 01:10:21,385 --> 01:10:24,355 that‘s a population that I have, You know, just really concern. And I really like the the 1835 01:10:24,355 --> 01:10:26,057 you know, just really concern. And I really like the the Newsletter that y‘all had kind 1836 01:10:26,057 --> 01:10:27,860 and I really like the the Newsletter that y‘all had kind Of talking about some of the 1837 01:10:27,860 --> 01:10:29,861 newsletter that y‘all had kind Of talking about some of the Folks that you have enrolled who 1838 01:10:29,861 --> 01:10:31,996 of talking about some of the Folks that you have enrolled who Are in bad need of health care. 1839 01:10:31,996 --> 01:10:34,066 folks that you have enrolled who Are in bad need of health care. And I don‘t think they would 1840 01:10:34,066 --> 01:10:35,500 are in bad need of health care. And I don‘t think they would Have gotten any other way. 1841 01:10:35,500 --> 01:10:37,669 and I don‘t think they would Have gotten any other way. And so that‘s, that‘s what we 1842 01:10:37,669 --> 01:10:37,969 have gotten any other way. And so that‘s, that‘s what we Need to do. 1843 01:10:37,969 --> 01:10:39,404 and so that‘s, that‘s what we Need to do. That‘s what central health was 1844 01:10:39,404 --> 01:10:39,772 need to do. That‘s what central health was Supposed to do. 1845 01:10:39,772 --> 01:10:41,540 that‘s what central health was Supposed to do. So I‘m glad you all are doing 1846 01:10:41,540 --> 01:10:41,706 supposed to do. So I‘m glad you all are doing It. 1847 01:10:41,706 --> 01:10:43,675 so I‘m glad you all are doing It. Thank you all so much for the 1848 01:10:43,675 --> 01:10:43,909 it. Thank you all so much for the Report. 1849 01:10:43,909 --> 01:10:45,243 thank you all so much for the Report. >> thank you commissioner. 1850 01:10:45,243 --> 01:10:46,245 report. >> thank you commissioner. >> thank you, thank you. 1851 01:10:46,245 --> 01:10:49,013 >> thank you commissioner. >> thank you, thank you. >> thank you. 1852 01:10:49,013 --> 01:10:50,816 >> thank you, thank you. >> thank you. Actually. 1853 01:10:50,816 --> 01:10:56,254 >> thank you. Actually. >> yeah. 1854 01:10:56,254 --> 01:10:58,557 actually. >> yeah. >> good job. 1855 01:10:58,557 --> 01:10:58,824 >> yeah. >> good job. [laughter] 1856 01:10:58,824 --> 01:11:00,759 >> good job. [laughter] Perla. 1857 01:11:00,759 --> 01:11:01,493 [laughter] Perla. [laughter] 1858 01:11:01,493 --> 01:11:01,726 perla. [laughter] >> yeah. 1859 01:11:01,726 --> 01:11:04,095 [laughter] >> yeah. Good stage management. 1860 01:11:04,095 --> 01:11:04,296 >> yeah. Good stage management. And. 1861 01:11:04,296 --> 01:11:04,563 good stage management. And. [laughter] 1862 01:11:04,563 --> 01:11:04,797 and. [laughter] Alicia. 1863 01:11:04,797 --> 01:11:11,702 [laughter] Alicia. >> the next item that we have is 1864 01:11:11,702 --> 01:11:15,674 alicia. >> the next item that we have is Three receive the spring 2026 1865 01:11:15,674 --> 01:11:17,108 >> the next item that we have is Three receive the spring 2026 Update from the housing 1866 01:11:17,108 --> 01:11:18,243 three receive the spring 2026 Update from the housing Authority of travis county. 1867 01:11:18,243 --> 01:11:21,679 update from the housing Authority of travis county. >> and are we going to come to 1868 01:11:21,679 --> 01:11:22,948 authority of travis county. >> and are we going to come to Two after that, commissioner? 1869 01:11:22,948 --> 01:11:24,550 >> and are we going to come to Two after that, commissioner? >> I guess yeah, we just needed 1870 01:11:24,550 --> 01:11:26,317 two after that, commissioner? >> I guess yeah, we just needed To take three because they have 1871 01:11:26,317 --> 01:11:27,686 >> I guess yeah, we just needed To take three because they have Something else they need to 1872 01:11:27,686 --> 01:11:27,919 to take three because they have Something else they need to Address. 1873 01:11:27,919 --> 01:11:28,921 something else they need to Address. >> yeah, they‘ve got to present 1874 01:11:28,921 --> 01:11:29,087 address. >> yeah, they‘ve got to present Now. 1875 01:11:29,087 --> 01:11:29,554 >> yeah, they‘ve got to present Now. Okay. 1876 01:11:29,554 --> 01:11:32,324 now. Okay. >> well, thank you. 1877 01:11:32,324 --> 01:11:38,463 okay. >> well, thank you. I think david had the forms. 1878 01:11:38,463 --> 01:11:38,664 >> well, thank you. I think david had the forms. Okay. 1879 01:11:38,664 --> 01:11:40,898 I think david had the forms. Okay. All right. 1880 01:11:40,898 --> 01:11:41,733 okay. All right. >> take care of it. 1881 01:11:41,733 --> 01:11:44,536 all right. >> take care of it. >> okay. 1882 01:11:44,536 --> 01:11:59,918 >> take care of it. >> okay. >> yeah, yeah. 1883 01:11:59,918 --> 01:12:02,321 >> okay. >> yeah, yeah. >> you‘re good. 1884 01:12:02,321 --> 01:12:09,361 >> yeah, yeah. >> you‘re good. >> good afternoon commissioners. 1885 01:12:09,361 --> 01:12:09,861 >> you‘re good. >> good afternoon commissioners. >> good afternoon. 1886 01:12:09,861 --> 01:12:12,064 >> good afternoon commissioners. >> good afternoon. >> happy affordable housing 1887 01:12:12,064 --> 01:12:12,263 >> good afternoon. >> happy affordable housing Month. 1888 01:12:12,263 --> 01:12:12,564 >> happy affordable housing Month. >> oh is it. 1889 01:12:12,564 --> 01:12:12,831 month. >> oh is it. Thank you. 1890 01:12:12,831 --> 01:12:13,064 >> oh is it. Thank you. >> yes. 1891 01:12:13,064 --> 01:12:14,699 thank you. >> yes. Affordable housing month. 1892 01:12:14,699 --> 01:12:16,200 >> yes. Affordable housing month. So we have a brief clip and then 1893 01:12:16,200 --> 01:12:18,970 affordable housing month. So we have a brief clip and then We‘ll get started if that‘s 1894 01:12:18,970 --> 01:12:19,171 so we have a brief clip and then We‘ll get started if that‘s Okay. 1895 01:12:19,171 --> 01:12:19,504 we‘ll get started if that‘s Okay. >> thank you. 1896 01:12:19,504 --> 01:12:24,142 okay. >> thank you. >> a dignified, safe, affordable 1897 01:12:24,142 --> 01:12:24,776 >> thank you. >> a dignified, safe, affordable Place to live. 1898 01:12:24,776 --> 01:12:27,612 >> a dignified, safe, affordable Place to live. Should have never been a luxury. 1899 01:12:27,612 --> 01:12:31,682 place to live. Should have never been a luxury. This is what sustains life. 1900 01:12:31,682 --> 01:12:34,352 should have never been a luxury. This is what sustains life. Mental health housing is health 1901 01:12:34,352 --> 01:12:34,553 this is what sustains life. Mental health housing is health Care. 1902 01:12:34,553 --> 01:12:37,922 mental health housing is health Care. Housing is access to education. 1903 01:12:37,922 --> 01:12:40,392 care. Housing is access to education. Without going too deep, I think 1904 01:12:40,392 --> 01:12:42,394 housing is access to education. Without going too deep, I think That folks are starting to 1905 01:12:42,394 --> 01:12:45,162 without going too deep, I think That folks are starting to Realize this is a right and not 1906 01:12:45,162 --> 01:12:47,432 that folks are starting to Realize this is a right and not Just for me, not just me and 1907 01:12:47,432 --> 01:12:47,632 realize this is a right and not Just for me, not just me and Mine. 1908 01:12:47,632 --> 01:12:49,567 just for me, not just me and Mine. Housing is a right for all of 1909 01:12:49,567 --> 01:12:49,735 mine. Housing is a right for all of Us. 1910 01:12:49,735 --> 01:12:51,402 housing is a right for all of Us. >> I think that the affordable 1911 01:12:51,402 --> 01:12:52,770 us. >> I think that the affordable Housing crisis that the 1912 01:12:52,770 --> 01:12:54,605 >> I think that the affordable Housing crisis that the Mainstream media talks about, 1913 01:12:54,605 --> 01:12:56,642 housing crisis that the Mainstream media talks about, And the one that we hear or read 1914 01:12:56,642 --> 01:12:59,844 mainstream media talks about, And the one that we hear or read Most about, is really not the 1915 01:12:59,844 --> 01:13:01,280 and the one that we hear or read Most about, is really not the True affordable housing crisis 1916 01:13:01,280 --> 01:13:01,713 most about, is really not the True affordable housing crisis In texas. 1917 01:13:01,713 --> 01:13:05,149 true affordable housing crisis In texas. There has always been an 1918 01:13:05,149 --> 01:13:06,685 in texas. There has always been an Underclass of people in this 1919 01:13:06,685 --> 01:13:08,419 there has always been an Underclass of people in this State, a group of people who 1920 01:13:08,419 --> 01:13:12,156 underclass of people in this State, a group of people who Have been ignored by government, 1921 01:13:12,156 --> 01:13:14,293 state, a group of people who Have been ignored by government, By the private real estate 1922 01:13:14,293 --> 01:13:15,594 have been ignored by government, By the private real estate Industry, by our public policies 1923 01:13:15,594 --> 01:13:18,063 by the private real estate Industry, by our public policies And laws, which has deprived 1924 01:13:18,063 --> 01:13:20,199 industry, by our public policies And laws, which has deprived Them of the ability to have a 1925 01:13:20,199 --> 01:13:22,567 and laws, which has deprived Them of the ability to have a Decent place to live in a 1926 01:13:22,567 --> 01:13:24,402 them of the ability to have a Decent place to live in a Neighborhood that‘s a good place 1927 01:13:24,402 --> 01:13:25,938 decent place to live in a Neighborhood that‘s a good place Where they want to live and 1928 01:13:25,938 --> 01:13:27,573 neighborhood that‘s a good place Where they want to live and Where they can raise their kids 1929 01:13:27,573 --> 01:13:29,208 where they want to live and Where they can raise their kids Safely and afford it. 1930 01:13:29,208 --> 01:13:32,377 where they can raise their kids Safely and afford it. We gave $61 billion of property 1931 01:13:32,377 --> 01:13:35,547 safely and afford it. We gave $61 billion of property Tax relief, and we gave $0, $0 1932 01:13:35,547 --> 01:13:38,216 we gave $61 billion of property Tax relief, and we gave $0, $0 Of state money for affordable 1933 01:13:38,216 --> 01:13:38,884 tax relief, and we gave $0, $0 Of state money for affordable Housing for the poor. 1934 01:13:38,884 --> 01:13:42,186 of state money for affordable Housing for the poor. And that‘s what really makes me 1935 01:13:42,186 --> 01:13:42,387 housing for the poor. And that‘s what really makes me Angry. 1936 01:13:42,387 --> 01:13:45,756 and that‘s what really makes me Angry. >> the biggest shift that I see 1937 01:13:45,756 --> 01:13:48,627 angry. >> the biggest shift that I see In the city that I know and love 1938 01:13:48,627 --> 01:13:51,897 >> the biggest shift that I see In the city that I know and love Is the depletion of naturally 1939 01:13:51,897 --> 01:13:54,031 in the city that I know and love Is the depletion of naturally Affordable housing 1940 01:13:54,031 --> 01:13:54,365 is the depletion of naturally Affordable housing Opportunities. 1941 01:13:54,365 --> 01:13:56,935 affordable housing Opportunities. I grew up in a very working 1942 01:13:56,935 --> 01:13:59,705 opportunities. I grew up in a very working Class community in south austin, 1943 01:13:59,705 --> 01:14:02,841 I grew up in a very working Class community in south austin, And my mom told me that the 1944 01:14:02,841 --> 01:14:05,077 class community in south austin, And my mom told me that the First apartment that she rented 1945 01:14:05,077 --> 01:14:08,980 and my mom told me that the First apartment that she rented Here in austin in 1989, the rent 1946 01:14:08,980 --> 01:14:11,817 first apartment that she rented Here in austin in 1989, the rent Was $275 a month. 1947 01:14:11,817 --> 01:14:14,820 here in austin in 1989, the rent Was $275 a month. And while we were definitely 1948 01:14:14,820 --> 01:14:17,189 was $275 a month. And while we were definitely Living in poverty, we were 1949 01:14:17,189 --> 01:14:18,023 and while we were definitely Living in poverty, we were Stably housed. 1950 01:14:18,023 --> 01:14:20,091 living in poverty, we were Stably housed. >> it‘s easy to just say more 1951 01:14:20,091 --> 01:14:22,895 stably housed. >> it‘s easy to just say more Units better versus wait, let‘s 1952 01:14:22,895 --> 01:14:24,029 >> it‘s easy to just say more Units better versus wait, let‘s What‘s the balance here? 1953 01:14:24,029 --> 01:14:25,297 units better versus wait, let‘s What‘s the balance here? >> I don‘t know that I‘m 1954 01:14:25,297 --> 01:14:27,766 what‘s the balance here? >> I don‘t know that I‘m Interested in rebuilding the 1955 01:14:27,766 --> 01:14:30,635 >> I don‘t know that I‘m Interested in rebuilding the Affordable housing system as it 1956 01:14:30,635 --> 01:14:33,138 interested in rebuilding the Affordable housing system as it Currently exists, but I will say 1957 01:14:33,138 --> 01:14:36,708 affordable housing system as it Currently exists, but I will say That like reimagining the 1958 01:14:36,708 --> 01:14:41,013 currently exists, but I will say That like reimagining the Housing landscape for low income 1959 01:14:41,013 --> 01:14:43,482 that like reimagining the Housing landscape for low income Texans is absolutely my jam. 1960 01:14:43,482 --> 01:14:46,351 housing landscape for low income Texans is absolutely my jam. >> I‘ve seen what a group of 1961 01:14:46,351 --> 01:14:48,620 texans is absolutely my jam. >> I‘ve seen what a group of Righteously angry people can 1962 01:14:48,620 --> 01:14:49,720 >> I‘ve seen what a group of Righteously angry people can Accomplish when they get 1963 01:14:49,720 --> 01:14:51,355 righteously angry people can Accomplish when they get Together and they do something. 1964 01:14:51,355 --> 01:14:53,091 accomplish when they get Together and they do something. >> we‘re here to support that 1965 01:14:53,091 --> 01:14:54,726 together and they do something. >> we‘re here to support that Work, not to be in front of it, 1966 01:14:54,726 --> 01:14:56,260 >> we‘re here to support that Work, not to be in front of it, But to give you all the tools 1967 01:14:56,260 --> 01:14:57,328 work, not to be in front of it, But to give you all the tools And the resources you need to 1968 01:14:57,328 --> 01:14:59,196 but to give you all the tools And the resources you need to Lift up your stories and your 1969 01:14:59,196 --> 01:15:00,665 and the resources you need to Lift up your stories and your Community and to say, when we go 1970 01:15:00,665 --> 01:15:02,300 lift up your stories and your Community and to say, when we go To the capital, I don‘t need to 1971 01:15:02,300 --> 01:15:03,534 community and to say, when we go To the capital, I don‘t need to Be the person who talks to the 1972 01:15:03,534 --> 01:15:04,335 to the capital, I don‘t need to Be the person who talks to the State legislature. 1973 01:15:04,335 --> 01:15:05,337 be the person who talks to the State legislature. I want you in that room. 1974 01:15:05,337 --> 01:15:06,804 state legislature. I want you in that room. >> my two takeaways. 1975 01:15:06,804 --> 01:15:09,641 I want you in that room. >> my two takeaways. Let‘s build community and let‘s 1976 01:15:09,641 --> 01:15:11,343 >> my two takeaways. Let‘s build community and let‘s Channel our righteous anger in a 1977 01:15:11,343 --> 01:15:14,212 let‘s build community and let‘s Channel our righteous anger in a Way that‘s productive, to expand 1978 01:15:14,212 --> 01:15:16,448 channel our righteous anger in a Way that‘s productive, to expand And preserve affordable housing 1979 01:15:16,448 --> 01:15:18,750 way that‘s productive, to expand And preserve affordable housing For all. 1980 01:15:18,750 --> 01:15:22,453 and preserve affordable housing For all. >> a dignified, safe. 1981 01:15:22,453 --> 01:15:25,590 for all. >> a dignified, safe. >> that‘s just a little teaser 1982 01:15:25,590 --> 01:15:28,726 >> a dignified, safe. >> that‘s just a little teaser From our hatc and community 1983 01:15:28,726 --> 01:15:30,294 >> that‘s just a little teaser From our hatc and community Podcast that we‘ve been doing 1984 01:15:30,294 --> 01:15:31,862 from our hatc and community Podcast that we‘ve been doing For the last year and a half. 1985 01:15:31,862 --> 01:15:35,500 podcast that we‘ve been doing For the last year and a half. And in recognition of affordable 1986 01:15:35,500 --> 01:15:36,801 for the last year and a half. And in recognition of affordable Housing month, we had some of 1987 01:15:36,801 --> 01:15:39,304 and in recognition of affordable Housing month, we had some of Our community advocates to come 1988 01:15:39,304 --> 01:15:43,274 housing month, we had some of Our community advocates to come On and talk about why housing is 1989 01:15:43,274 --> 01:15:43,541 our community advocates to come On and talk about why housing is Important. 1990 01:15:43,541 --> 01:15:45,811 on and talk about why housing is Important. I‘m patrick howard, ceo of the 1991 01:15:45,811 --> 01:15:47,311 important. I‘m patrick howard, ceo of the Housing authority of travis 1992 01:15:47,311 --> 01:15:47,546 I‘m patrick howard, ceo of the Housing authority of travis County. 1993 01:15:47,546 --> 01:15:49,246 housing authority of travis County. Been able to be in this position 1994 01:15:49,246 --> 01:15:50,314 county. Been able to be in this position For the last 11 years. 1995 01:15:50,314 --> 01:15:51,682 been able to be in this position For the last 11 years. So I‘m grateful for that. 1996 01:15:51,682 --> 01:15:53,250 for the last 11 years. So I‘m grateful for that. And I‘d like to introduce my 1997 01:15:53,250 --> 01:15:54,219 so I‘m grateful for that. And I‘d like to introduce my Board members. 1998 01:15:54,219 --> 01:15:55,253 and I‘d like to introduce my Board members. We‘ll start. 1999 01:15:55,253 --> 01:15:56,955 board members. We‘ll start. Well, we have our consultant 2000 01:15:56,955 --> 01:15:58,090 we‘ll start. Well, we have our consultant Who‘s been assisting us, 2001 01:15:58,090 --> 01:15:59,958 well, we have our consultant Who‘s been assisting us, Veronica macon, who is a long 2002 01:15:59,958 --> 01:16:02,159 who‘s been assisting us, Veronica macon, who is a long Term housing senior 2003 01:16:02,159 --> 01:16:02,493 veronica macon, who is a long Term housing senior Professional. 2004 01:16:02,493 --> 01:16:05,696 term housing senior Professional. And then we have we‘ll start 2005 01:16:05,696 --> 01:16:06,598 professional. And then we have we‘ll start With mister roberts. 2006 01:16:06,598 --> 01:16:09,334 and then we have we‘ll start With mister roberts. You want to introduce 2007 01:16:09,334 --> 01:16:09,635 with mister roberts. You want to introduce Yourselves? 2008 01:16:09,635 --> 01:16:10,902 you want to introduce Yourselves? I can introduce waving. 2009 01:16:10,902 --> 01:16:11,102 yourselves? I can introduce waving. Yeah. 2010 01:16:11,102 --> 01:16:11,370 I can introduce waving. Yeah. [laughter] 2011 01:16:11,370 --> 01:16:11,736 yeah. [laughter] He‘s waving. 2012 01:16:11,736 --> 01:16:11,936 [laughter] He‘s waving. Okay. 2013 01:16:11,936 --> 01:16:15,740 he‘s waving. Okay. Mister roberts, we have a new 2014 01:16:15,740 --> 01:16:16,240 okay. Mister roberts, we have a new Board member. 2015 01:16:16,240 --> 01:16:19,144 mister roberts, we have a new Board member. Our newest board member, fareed. 2016 01:16:19,144 --> 01:16:22,213 board member. Our newest board member, fareed. And then we have jolene keane, 2017 01:16:22,213 --> 01:16:23,915 our newest board member, fareed. And then we have jolene keane, And we have miss the chair. 2018 01:16:23,915 --> 01:16:25,317 and then we have jolene keane, And we have miss the chair. And the vice chair apologizes 2019 01:16:25,317 --> 01:16:26,017 and we have miss the chair. And the vice chair apologizes That they couldn‘t be here. 2020 01:16:26,017 --> 01:16:28,352 and the vice chair apologizes That they couldn‘t be here. Cheryl brown, vice chair, and 2021 01:16:28,352 --> 01:16:29,821 that they couldn‘t be here. Cheryl brown, vice chair, and Laura getsy could not be with us 2022 01:16:29,821 --> 01:16:31,922 cheryl brown, vice chair, and Laura getsy could not be with us Today. 2023 01:16:31,922 --> 01:16:34,993 laura getsy could not be with us Today. So we‘ll move forward. 2024 01:16:34,993 --> 01:16:36,962 today. So we‘ll move forward. So just I just want to let you 2025 01:16:36,962 --> 01:16:38,830 so we‘ll move forward. So just I just want to let you All know that despite all the 2026 01:16:38,830 --> 01:16:40,232 so just I just want to let you All know that despite all the Challenges that you all have 2027 01:16:40,232 --> 01:16:40,932 all know that despite all the Challenges that you all have Shared a little bit about 2028 01:16:40,932 --> 01:16:42,733 challenges that you all have Shared a little bit about Earlier, about federal funding 2029 01:16:42,733 --> 01:16:45,270 shared a little bit about Earlier, about federal funding And what that looks like, it‘s 2030 01:16:45,270 --> 01:16:46,737 earlier, about federal funding And what that looks like, it‘s Affecting affordable housing and 2031 01:16:46,737 --> 01:16:47,405 and what that looks like, it‘s Affecting affordable housing and The industry as well. 2032 01:16:47,405 --> 01:16:52,310 affecting affordable housing and The industry as well. We are suffering from cuts to 2033 01:16:52,310 --> 01:16:54,546 the industry as well. We are suffering from cuts to Our housing emergency housing 2034 01:16:54,546 --> 01:16:55,379 we are suffering from cuts to Our housing emergency housing Voucher program. 2035 01:16:55,379 --> 01:16:57,716 our housing emergency housing Voucher program. 20 vouchers will no longer be in 2036 01:16:57,716 --> 01:16:58,483 voucher program. 20 vouchers will no longer be in Existence for us. 2037 01:16:58,483 --> 01:17:00,986 20 vouchers will no longer be in Existence for us. And so we‘ve been having to be 2038 01:17:00,986 --> 01:17:02,020 existence for us. And so we‘ve been having to be Creative about how we place 2039 01:17:02,020 --> 01:17:03,254 and so we‘ve been having to be Creative about how we place Those individuals. 2040 01:17:03,254 --> 01:17:05,624 creative about how we place Those individuals. We have cuts to our voucher 2041 01:17:05,624 --> 01:17:05,857 those individuals. We have cuts to our voucher Program. 2042 01:17:05,857 --> 01:17:07,225 we have cuts to our voucher Program. You know, we went under a 2043 01:17:07,225 --> 01:17:07,492 program. You know, we went under a Shortfall. 2044 01:17:07,492 --> 01:17:11,830 you know, we went under a Shortfall. The community continuum of care 2045 01:17:11,830 --> 01:17:13,264 shortfall. The community continuum of care Housing has been threatened as 2046 01:17:13,264 --> 01:17:15,767 the community continuum of care Housing has been threatened as Well, however, and I should also 2047 01:17:15,767 --> 01:17:17,135 housing has been threatened as Well, however, and I should also Say, because of all the 2048 01:17:17,135 --> 01:17:19,304 well, however, and I should also Say, because of all the Financial uncertainties with the 2049 01:17:19,304 --> 01:17:21,239 say, because of all the Financial uncertainties with the Markets, there‘s been challenges 2050 01:17:21,239 --> 01:17:22,641 financial uncertainties with the Markets, there‘s been challenges There as well, but we remain 2051 01:17:22,641 --> 01:17:24,709 markets, there‘s been challenges There as well, but we remain Steadfast in our commitment to 2052 01:17:24,709 --> 01:17:26,210 there as well, but we remain Steadfast in our commitment to Obviously providing affordable 2053 01:17:26,210 --> 01:17:28,446 steadfast in our commitment to Obviously providing affordable Housing for all that being. 2054 01:17:28,446 --> 01:17:29,881 obviously providing affordable Housing for all that being. >> could you comment on the 2055 01:17:29,881 --> 01:17:30,148 housing for all that being. >> could you comment on the Shortfall? 2056 01:17:30,148 --> 01:17:32,216 >> could you comment on the Shortfall? Is that still the status? 2057 01:17:32,216 --> 01:17:33,652 shortfall? Is that still the status? >> it is. 2058 01:17:33,652 --> 01:17:34,318 is that still the status? >> it is. We are there. 2059 01:17:34,318 --> 01:17:38,490 >> it is. We are there. We are being allowed to provide 2060 01:17:38,490 --> 01:17:38,723 we are there. We are being allowed to provide Limited. 2061 01:17:38,723 --> 01:17:42,928 we are being allowed to provide Limited. Issuance of vouchers in certain 2062 01:17:42,928 --> 01:17:44,595 limited. Issuance of vouchers in certain Situations, but we still are in 2063 01:17:44,595 --> 01:17:45,931 issuance of vouchers in certain Situations, but we still are in A shortfall situation. 2064 01:17:45,931 --> 01:17:46,164 situations, but we still are in A shortfall situation. >> okay. 2065 01:17:46,164 --> 01:17:47,932 a shortfall situation. >> okay. >> but but what is the cause of 2066 01:17:47,932 --> 01:17:48,132 >> okay. >> but but what is the cause of That? 2067 01:17:48,132 --> 01:17:49,567 >> but but what is the cause of That? Is that because the state is cut 2068 01:17:49,567 --> 01:17:51,770 that? Is that because the state is cut Back onunds available for 2069 01:17:51,770 --> 01:17:53,104 is that because the state is cut Back onunds available for Vouchers, or was it something 2070 01:17:53,104 --> 01:17:54,473 back onunds available for Vouchers, or was it something That happened on our end? 2071 01:17:54,473 --> 01:17:56,273 vouchers, or was it something That happened on our end? >> no, it‘s the federal federal 2072 01:17:56,273 --> 01:17:58,343 that happened on our end? >> no, it‘s the federal federal Government has elected not to 2073 01:17:58,343 --> 01:18:01,412 >> no, it‘s the federal federal Government has elected not to Allow us to issue vouchers 2074 01:18:01,412 --> 01:18:05,916 government has elected not to Allow us to issue vouchers Because of projected cuts, 2075 01:18:05,916 --> 01:18:08,286 allow us to issue vouchers Because of projected cuts, Obviously, that are being 2076 01:18:08,286 --> 01:18:08,620 because of projected cuts, Obviously, that are being Contemplated. 2077 01:18:08,620 --> 01:18:09,453 obviously, that are being Contemplated. So we have a. 2078 01:18:09,453 --> 01:18:10,489 contemplated. So we have a. Nationwide problem that. 2079 01:18:10,489 --> 01:18:10,689 so we have a. Nationwide problem that. >> is. 2080 01:18:10,689 --> 01:18:11,689 nationwide problem that. >> is. >> not unique to us. 2081 01:18:11,689 --> 01:18:12,223 >> is. >> not unique to us. >> that‘s what I. 2082 01:18:12,223 --> 01:18:13,458 >> not unique to us. >> that‘s what I. >> just saw. 2083 01:18:13,458 --> 01:18:17,128 >> that‘s what I. >> just saw. The the secretary of hud in a 2084 01:18:17,128 --> 01:18:19,764 >> just saw. The the secretary of hud in a Senate hearing say that he 2085 01:18:19,764 --> 01:18:22,933 the the secretary of hud in a Senate hearing say that he Expected to cut back cdbg 2086 01:18:22,933 --> 01:18:23,168 senate hearing say that he Expected to cut back cdbg Funding. 2087 01:18:23,168 --> 01:18:25,904 expected to cut back cdbg Funding. And there was a whole exchange 2088 01:18:25,904 --> 01:18:28,172 funding. And there was a whole exchange Between cutting back funding and 2089 01:18:28,172 --> 01:18:29,841 and there was a whole exchange Between cutting back funding and Turning it over to the states. 2090 01:18:29,841 --> 01:18:33,277 between cutting back funding and Turning it over to the states. And, and representative clyrn 2091 01:18:33,277 --> 01:18:36,081 turning it over to the states. And, and representative clyrn Told him, basically, you know, 2092 01:18:36,081 --> 01:18:37,848 and, and representative clyrn Told him, basically, you know, That we send the money to the 2093 01:18:37,848 --> 01:18:39,351 told him, basically, you know, That we send the money to the States so that they can set up 2094 01:18:39,351 --> 01:18:40,218 that we send the money to the States so that they can set up Their priorities. 2095 01:18:40,218 --> 01:18:40,752 states so that they can set up Their priorities. Don‘t you? 2096 01:18:40,752 --> 01:18:42,854 their priorities. Don‘t you? Evidently, he didn‘t know that 2097 01:18:42,854 --> 01:18:43,354 don‘t you? Evidently, he didn‘t know that Very well. 2098 01:18:43,354 --> 01:18:45,790 evidently, he didn‘t know that Very well. So yeah, it‘s. 2099 01:18:45,790 --> 01:18:48,659 very well. So yeah, it‘s. So we just need to know 2100 01:18:48,659 --> 01:18:50,662 so yeah, it‘s. So we just need to know Ultimately what the delta is 2101 01:18:50,662 --> 01:18:51,128 so we just need to know Ultimately what the delta is Going to be. 2102 01:18:51,128 --> 01:18:53,398 ultimately what the delta is Going to be. What what did you have in your 2103 01:18:53,398 --> 01:18:55,233 going to be. What what did you have in your Baseline last year that you 2104 01:18:55,233 --> 01:18:57,068 what what did you have in your Baseline last year that you Won‘t have this year and how 2105 01:18:57,068 --> 01:18:58,736 baseline last year that you Won‘t have this year and how That‘s going to how that‘s going 2106 01:18:58,736 --> 01:19:00,338 won‘t have this year and how That‘s going to how that‘s going To impact us and, and what we 2107 01:19:00,338 --> 01:19:02,773 that‘s going to how that‘s going To impact us and, and what we Can do locally to address some 2108 01:19:02,773 --> 01:19:04,108 to impact us and, and what we Can do locally to address some Address the things that we can 2109 01:19:04,108 --> 01:19:04,276 can do locally to address some Address the things that we can Do. 2110 01:19:04,276 --> 01:19:07,479 address the things that we can Do. But yeah, our, our hud secretary 2111 01:19:07,479 --> 01:19:10,014 do. But yeah, our, our hud secretary Is, well, let‘s just say wasn‘t 2112 01:19:10,014 --> 01:19:11,449 but yeah, our, our hud secretary Is, well, let‘s just say wasn‘t The brightest bulb in the pack. 2113 01:19:11,449 --> 01:19:12,017 is, well, let‘s just say wasn‘t The brightest bulb in the pack. >> wow. 2114 01:19:12,017 --> 01:19:14,186 the brightest bulb in the pack. >> wow. >> well, and we obviously are 2115 01:19:14,186 --> 01:19:14,652 >> wow. >> well, and we obviously are Monitoring that. 2116 01:19:14,652 --> 01:19:16,354 >> well, and we obviously are Monitoring that. And I mean, there‘s several 2117 01:19:16,354 --> 01:19:18,223 monitoring that. And I mean, there‘s several Organizations, obviously with 2118 01:19:18,223 --> 01:19:19,557 and I mean, there‘s several Organizations, obviously with Their finger on the pulse of 2119 01:19:19,557 --> 01:19:20,125 organizations, obviously with Their finger on the pulse of Things that are happening. 2120 01:19:20,125 --> 01:19:21,726 their finger on the pulse of Things that are happening. So certainly if there‘s 2121 01:19:21,726 --> 01:19:23,061 things that are happening. So certainly if there‘s Opportunities to figure out how 2122 01:19:23,061 --> 01:19:24,563 so certainly if there‘s Opportunities to figure out how We need to get creative about 2123 01:19:24,563 --> 01:19:26,364 opportunities to figure out how We need to get creative about Such things, we certainly will 2124 01:19:26,364 --> 01:19:27,031 we need to get creative about Such things, we certainly will Keep you all informed. 2125 01:19:27,031 --> 01:19:29,800 such things, we certainly will Keep you all informed. But we are obviously having to 2126 01:19:29,800 --> 01:19:31,236 keep you all informed. But we are obviously having to Deal with trying to make 2127 01:19:31,236 --> 01:19:31,536 but we are obviously having to Deal with trying to make Adjustments. 2128 01:19:31,536 --> 01:19:32,736 deal with trying to make Adjustments. Again, one of the voucher 2129 01:19:32,736 --> 01:19:37,007 adjustments. Again, one of the voucher Programs is has been eliminated. 2130 01:19:37,007 --> 01:19:39,411 again, one of the voucher Programs is has been eliminated. And that and so we‘ve been 2131 01:19:39,411 --> 01:19:41,246 programs is has been eliminated. And that and so we‘ve been Accommodating those individuals 2132 01:19:41,246 --> 01:19:42,647 and that and so we‘ve been Accommodating those individuals Through other means. 2133 01:19:42,647 --> 01:19:45,317 accommodating those individuals Through other means. That being said, again, I 2134 01:19:45,317 --> 01:19:47,519 through other means. That being said, again, I Mentioned members of the board 2135 01:19:47,519 --> 01:19:49,854 that being said, again, I Mentioned members of the board Here, and we‘ll just continue on 2136 01:19:49,854 --> 01:19:50,989 mentioned members of the board Here, and we‘ll just continue on With the presentation. 2137 01:19:50,989 --> 01:19:53,057 here, and we‘ll just continue on With the presentation. So just the key leadership. 2138 01:19:53,057 --> 01:19:55,827 with the presentation. So just the key leadership. Again, I‘ve been around for 2139 01:19:55,827 --> 01:19:57,529 so just the key leadership. Again, I‘ve been around for Nearly 11 years, and then we 2140 01:19:57,529 --> 01:19:59,698 again, I‘ve been around for Nearly 11 years, and then we Have other members of the 2141 01:19:59,698 --> 01:20:01,533 nearly 11 years, and then we Have other members of the Leadership team, including the 2142 01:20:01,533 --> 01:20:03,969 have other members of the Leadership team, including the Long term finance director and 2143 01:20:03,969 --> 01:20:05,436 leadership team, including the Long term finance director and Hcv director, have been there 2144 01:20:05,436 --> 01:20:06,237 long term finance director and Hcv director, have been there For some time. 2145 01:20:06,237 --> 01:20:09,540 hcv director, have been there For some time. I just want to share a little 2146 01:20:09,540 --> 01:20:11,243 for some time. I just want to share a little Bit about our affordable housing 2147 01:20:11,243 --> 01:20:12,243 I just want to share a little Bit about our affordable housing Properties, and I‘m actually 2148 01:20:12,243 --> 01:20:15,013 bit about our affordable housing Properties, and I‘m actually Going to share a link for for 2149 01:20:15,013 --> 01:20:16,780 properties, and I‘m actually Going to share a link for for Folks that are interested in our 2150 01:20:16,780 --> 01:20:20,351 going to share a link for for Folks that are interested in our Housing, we do provide detailed 2151 01:20:20,351 --> 01:20:21,753 folks that are interested in our Housing, we do provide detailed Information via a link on our 2152 01:20:21,753 --> 01:20:24,655 housing, we do provide detailed Information via a link on our Website that provides 2153 01:20:24,655 --> 01:20:26,524 information via a link on our Website that provides Information about eligibility 2154 01:20:26,524 --> 01:20:27,892 website that provides Information about eligibility And location and the like. 2155 01:20:27,892 --> 01:20:30,262 information about eligibility And location and the like. We have six properties, two of 2156 01:20:30,262 --> 01:20:31,929 and location and the like. We have six properties, two of Which are senior buildings in 2157 01:20:31,929 --> 01:20:32,597 we have six properties, two of Which are senior buildings in The city of maynard. 2158 01:20:32,597 --> 01:20:35,432 which are senior buildings in The city of maynard. And the balance of those four 2159 01:20:35,432 --> 01:20:37,235 the city of maynard. And the balance of those four Are family sites throughout 2160 01:20:37,235 --> 01:20:38,936 and the balance of those four Are family sites throughout Travis county, which you all are 2161 01:20:38,936 --> 01:20:39,770 are family sites throughout Travis county, which you all are Pretty familiar with. 2162 01:20:39,770 --> 01:20:41,039 travis county, which you all are Pretty familiar with. So if you looked at this link 2163 01:20:41,039 --> 01:20:43,507 pretty familiar with. So if you looked at this link Not working, so the link‘s not 2164 01:20:43,507 --> 01:20:44,642 so if you looked at this link Not working, so the link‘s not Working, but there is a link 2165 01:20:44,642 --> 01:20:46,710 not working, so the link‘s not Working, but there is a link There and it typically works. 2166 01:20:46,710 --> 01:20:47,412 working, but there is a link There and it typically works. Oh, there it is. 2167 01:20:47,412 --> 01:20:50,848 there and it typically works. Oh, there it is. So you can see locations of the 2168 01:20:50,848 --> 01:20:52,851 oh, there it is. So you can see locations of the Properties and click further. 2169 01:20:52,851 --> 01:20:54,852 so you can see locations of the Properties and click further. It‘ll tell you details about 2170 01:20:54,852 --> 01:20:56,720 properties and click further. It‘ll tell you details about Some of the eligibility and the 2171 01:20:56,720 --> 01:20:56,922 it‘ll tell you details about Some of the eligibility and the Like. 2172 01:20:56,922 --> 01:20:58,557 some of the eligibility and the Like. So that does exist. 2173 01:20:58,557 --> 01:21:00,625 like. So that does exist. >> so can I ask the total number 2174 01:21:00,625 --> 01:21:03,327 so that does exist. >> so can I ask the total number Of units that are available in 2175 01:21:03,327 --> 01:21:04,296 >> so can I ask the total number Of units that are available in These properties that are 2176 01:21:04,296 --> 01:21:04,830 of units that are available in These properties that are Already open? 2177 01:21:04,830 --> 01:21:07,365 these properties that are Already open? And if there are, if there‘s 2178 01:21:07,365 --> 01:21:11,101 already open? And if there are, if there‘s Much vacancy, I know a number of 2179 01:21:11,101 --> 01:21:12,404 and if there are, if there‘s Much vacancy, I know a number of Programs around the community 2180 01:21:12,404 --> 01:21:13,638 much vacancy, I know a number of Programs around the community Are seeing vacancies because 2181 01:21:13,638 --> 01:21:14,840 programs around the community Are seeing vacancies because There‘s a lot of competition 2182 01:21:14,840 --> 01:21:16,040 are seeing vacancies because There‘s a lot of competition With a lot of apartment units 2183 01:21:16,040 --> 01:21:16,641 there‘s a lot of competition With a lot of apartment units Coming online. 2184 01:21:16,641 --> 01:21:18,142 with a lot of apartment units Coming online. And I‘m just interested to know. 2185 01:21:18,142 --> 01:21:18,442 coming online. And I‘m just interested to know. >> not for. 2186 01:21:18,442 --> 01:21:20,010 and I‘m just interested to know. >> not for. >> deeply affordable units, as 2187 01:21:20,010 --> 01:21:21,780 >> not for. >> deeply affordable units, as You know, housing, housing 2188 01:21:21,780 --> 01:21:22,581 >> deeply affordable units, as You know, housing, housing Authority properties are housing 2189 01:21:22,581 --> 01:21:23,348 you know, housing, housing Authority properties are housing Of last resort. 2190 01:21:23,348 --> 01:21:25,283 authority properties are housing Of last resort. So zero income renters can 2191 01:21:25,283 --> 01:21:26,550 of last resort. So zero income renters can Obviously live in affordable 2192 01:21:26,550 --> 01:21:27,585 so zero income renters can Obviously live in affordable Housing where otherwise they 2193 01:21:27,585 --> 01:21:28,352 obviously live in affordable Housing where otherwise they Couldn‘t in other places. 2194 01:21:28,352 --> 01:21:30,487 housing where otherwise they Couldn‘t in other places. So we do not have very many 2195 01:21:30,487 --> 01:21:30,754 couldn‘t in other places. So we do not have very many Vacancies. 2196 01:21:30,754 --> 01:21:34,358 so we do not have very many Vacancies. We have 174 units collectively, 2197 01:21:34,358 --> 01:21:36,460 vacancies. We have 174 units collectively, 53 of those are the two senior 2198 01:21:36,460 --> 01:21:37,462 we have 174 units collectively, 53 of those are the two senior Buildings in the city of 2199 01:21:37,462 --> 01:21:37,696 53 of those are the two senior Buildings in the city of Maynard. 2200 01:21:37,696 --> 01:21:39,331 buildings in the city of Maynard. And then the balance of those 2201 01:21:39,331 --> 01:21:42,334 maynard. And then the balance of those Are family units of one, two, 2202 01:21:42,334 --> 01:21:43,702 and then the balance of those Are family units of one, two, Three, four bedroom units. 2203 01:21:43,702 --> 01:21:44,236 are family units of one, two, Three, four bedroom units. >> so of. 2204 01:21:44,236 --> 01:21:45,469 three, four bedroom units. >> so of. >> all the six buildings that 2205 01:21:45,469 --> 01:21:46,938 >> so of. >> all the six buildings that You have on that list, there are 2206 01:21:46,938 --> 01:21:47,104 >> all the six buildings that You have on that list, there are 100. 2207 01:21:47,104 --> 01:21:48,473 you have on that list, there are 100. >> and 74 units. 2208 01:21:48,473 --> 01:21:50,007 100. >> and 74 units. >> 174 vacancies. 2209 01:21:50,007 --> 01:21:50,608 >> and 74 units. >> 174 vacancies. >> okay. 2210 01:21:50,608 --> 01:21:52,710 >> 174 vacancies. >> okay. >> the voucher program. 2211 01:21:52,710 --> 01:21:53,544 >> okay. >> the voucher program. Okay. 2212 01:21:53,544 --> 01:21:53,979 >> the voucher program. Okay. Yes. 2213 01:21:53,979 --> 01:21:55,145 okay. Yes. And here they are. 2214 01:21:55,145 --> 01:21:58,216 yes. And here they are. Okay. 2215 01:21:58,216 --> 01:21:59,784 and here they are. Okay. Just a bit about the voucher 2216 01:21:59,784 --> 01:22:00,818 okay. Just a bit about the voucher Program before we go to that. 2217 01:22:00,818 --> 01:22:03,754 just a bit about the voucher Program before we go to that. So our voucher program, we have 2218 01:22:03,754 --> 01:22:04,321 program before we go to that. So our voucher program, we have 691 units. 2219 01:22:04,321 --> 01:22:06,023 so our voucher program, we have 691 units. The traditional vouchers. 2220 01:22:06,023 --> 01:22:08,659 691 units. The traditional vouchers. And then we have 49 mainstream 2221 01:22:08,659 --> 01:22:10,828 the traditional vouchers. And then we have 49 mainstream Units, which are specifically 2222 01:22:10,828 --> 01:22:12,864 and then we have 49 mainstream Units, which are specifically For specific segment of the 2223 01:22:12,864 --> 01:22:13,164 units, which are specifically For specific segment of the Population. 2224 01:22:13,164 --> 01:22:16,000 for specific segment of the Population. So 740 vouchers that we were 2225 01:22:16,000 --> 01:22:17,402 population. So 740 vouchers that we were Able to actually distribute. 2226 01:22:17,402 --> 01:22:19,970 so 740 vouchers that we were Able to actually distribute. We‘re not obviously that‘s going 2227 01:22:19,970 --> 01:22:20,171 able to actually distribute. We‘re not obviously that‘s going Away. 2228 01:22:20,171 --> 01:22:22,406 we‘re not obviously that‘s going Away. And then continuum of care, we 2229 01:22:22,406 --> 01:22:24,242 away. And then continuum of care, we Obviously offer funding through 2230 01:22:24,242 --> 01:22:27,712 and then continuum of care, we Obviously offer funding through That program, which equates to 2231 01:22:27,712 --> 01:22:29,848 obviously offer funding through That program, which equates to About 74 families on average a 2232 01:22:29,848 --> 01:22:30,047 that program, which equates to About 74 families on average a Year. 2233 01:22:30,047 --> 01:22:31,649 about 74 families on average a Year. It depends on obviously, bedroom 2234 01:22:31,649 --> 01:22:32,449 year. It depends on obviously, bedroom Size because it‘s a grant. 2235 01:22:32,449 --> 01:22:35,020 it depends on obviously, bedroom Size because it‘s a grant. And of course, as I mentioned, 2236 01:22:35,020 --> 01:22:37,388 size because it‘s a grant. And of course, as I mentioned, That grant, the reduction looks 2237 01:22:37,388 --> 01:22:38,889 and of course, as I mentioned, That grant, the reduction looks Like maybe about 4 million for 2238 01:22:38,889 --> 01:22:40,524 that grant, the reduction looks Like maybe about 4 million for This region this year. 2239 01:22:40,524 --> 01:22:42,027 like maybe about 4 million for This region this year. With the continuum of care 2240 01:22:42,027 --> 01:22:42,226 this region this year. With the continuum of care Grant. 2241 01:22:42,226 --> 01:22:45,330 with the continuum of care Grant. So that means those families 2242 01:22:45,330 --> 01:22:46,797 grant. So that means those families Will we won‘t be able to serve 2243 01:22:46,797 --> 01:22:49,500 so that means those families Will we won‘t be able to serve As many families as a region 2244 01:22:49,500 --> 01:22:51,236 will we won‘t be able to serve As many families as a region Through that grant program. 2245 01:22:51,236 --> 01:22:53,171 as many families as a region Through that grant program. >> so a $4 million reduction is 2246 01:22:53,171 --> 01:22:54,672 through that grant program. >> so a $4 million reduction is How much of a reduction? 2247 01:22:54,672 --> 01:22:55,540 >> so a $4 million reduction is How much of a reduction? >> well, we don‘t know yet. 2248 01:22:55,540 --> 01:22:56,875 how much of a reduction? >> well, we don‘t know yet. Obviously, we‘re it‘s. 2249 01:22:56,875 --> 01:22:58,409 >> well, we don‘t know yet. Obviously, we‘re it‘s. >> you know what your budget is 2250 01:22:58,409 --> 01:22:58,943 obviously, we‘re it‘s. >> you know what your budget is Now, right? 2251 01:22:58,943 --> 01:22:59,611 >> you know what your budget is Now, right? >> right. 2252 01:22:59,611 --> 01:23:01,645 now, right? >> right. We have 1.4 million that we‘ve 2253 01:23:01,645 --> 01:23:03,448 >> right. We have 1.4 million that we‘ve Got awarded traditionally in the 2254 01:23:03,448 --> 01:23:04,648 we have 1.4 million that we‘ve Got awarded traditionally in the Last few years. 2255 01:23:04,648 --> 01:23:06,685 got awarded traditionally in the Last few years. So of course, right now they‘re 2256 01:23:06,685 --> 01:23:08,219 last few years. So of course, right now they‘re Review applications are due. 2257 01:23:08,219 --> 01:23:10,220 so of course, right now they‘re Review applications are due. And so it depends on how that‘s 2258 01:23:10,220 --> 01:23:10,455 review applications are due. And so it depends on how that‘s Funded. 2259 01:23:10,455 --> 01:23:12,723 and so it depends on how that‘s Funded. But the region overall is going 2260 01:23:12,723 --> 01:23:16,294 funded. But the region overall is going To see a $4 million reduction 2261 01:23:16,294 --> 01:23:17,796 but the region overall is going To see a $4 million reduction Likely, which would mean it 2262 01:23:17,796 --> 01:23:19,931 to see a $4 million reduction Likely, which would mean it Would be distributed amongst the 2263 01:23:19,931 --> 01:23:22,033 likely, which would mean it Would be distributed amongst the The parties that are 2264 01:23:22,033 --> 01:23:22,367 would be distributed amongst the The parties that are Participants. 2265 01:23:22,367 --> 01:23:23,601 the parties that are Participants. >> grant to the coc. 2266 01:23:23,601 --> 01:23:23,902 participants. >> grant to the coc. >> right. 2267 01:23:23,902 --> 01:23:26,972 >> grant to the coc. >> right. >> which manages and spreads out 2268 01:23:26,972 --> 01:23:28,172 >> right. >> which manages and spreads out To like 11 different. 2269 01:23:28,172 --> 01:23:28,807 >> which manages and spreads out To like 11 different. >> that is correct. 2270 01:23:28,807 --> 01:23:29,608 to like 11 different. >> that is correct. >> contracts. 2271 01:23:29,608 --> 01:23:32,243 >> that is correct. >> contracts. And that‘s what‘s receiving a $4 2272 01:23:32,243 --> 01:23:35,179 >> contracts. And that‘s what‘s receiving a $4 Million rough cut to our 2273 01:23:35,179 --> 01:23:37,014 and that‘s what‘s receiving a $4 Million rough cut to our Community grant from hud, if you 2274 01:23:37,014 --> 01:23:37,215 million rough cut to our Community grant from hud, if you Will. 2275 01:23:37,215 --> 01:23:38,550 community grant from hud, if you Will. >> and the community is defined 2276 01:23:38,550 --> 01:23:39,718 will. >> and the community is defined As just travis county or is it. 2277 01:23:39,718 --> 01:23:42,520 >> and the community is defined As just travis county or is it. >> multi county, the geographic 2278 01:23:42,520 --> 01:23:44,823 as just travis county or is it. >> multi county, the geographic Area, echo is the lead and 2279 01:23:44,823 --> 01:23:46,124 >> multi county, the geographic Area, echo is the lead and Caritas lifeworks family. 2280 01:23:46,124 --> 01:23:47,024 area, echo is the lead and Caritas lifeworks family. >> that is correct. 2281 01:23:47,024 --> 01:23:47,324 caritas lifeworks family. >> that is correct. Yes. 2282 01:23:47,324 --> 01:23:50,195 >> that is correct. Yes. >> all these nonprofits get some 2283 01:23:50,195 --> 01:23:52,263 yes. >> all these nonprofits get some Of that money for different 2284 01:23:52,263 --> 01:23:53,530 >> all these nonprofits get some Of that money for different Pieces of the continuum. 2285 01:23:53,530 --> 01:23:55,233 of that money for different Pieces of the continuum. >> and that $4 million cut 2286 01:23:55,233 --> 01:23:56,233 pieces of the continuum. >> and that $4 million cut Represents a 10% cut. 2287 01:23:56,233 --> 01:23:56,567 >> and that $4 million cut Represents a 10% cut. >> 50. 2288 01:23:56,567 --> 01:23:57,736 represents a 10% cut. >> 50. >> 40, 30. 2289 01:23:57,736 --> 01:23:59,236 >> 50. >> 40, 30. >> it‘s just wondering. 2290 01:23:59,236 --> 01:24:02,307 >> 40, 30. >> it‘s just wondering. >> what the size of the cut is. 2291 01:24:02,307 --> 01:24:03,807 >> it‘s just wondering. >> what the size of the cut is. >> about 10%. 2292 01:24:03,807 --> 01:24:06,378 >> what the size of the cut is. >> about 10%. My understanding. 2293 01:24:06,378 --> 01:24:08,479 >> about 10%. My understanding. >> and the total, the what did 2294 01:24:08,479 --> 01:24:08,813 my understanding. >> and the total, the what did You say? 2295 01:24:08,813 --> 01:24:11,148 >> and the total, the what did You say? 704 total vouchers. 2296 01:24:11,148 --> 01:24:12,017 you say? 704 total vouchers. Does that include the. 2297 01:24:12,017 --> 01:24:14,318 704 total vouchers. Does that include the. 740 740? 2298 01:24:14,318 --> 01:24:17,922 does that include the. 740 740? Does that include the 174 units 2299 01:24:17,922 --> 01:24:19,124 740 740? Does that include the 174 units In the six buildings? 2300 01:24:19,124 --> 01:24:19,790 does that include the 174 units In the six buildings? >> no, ma‘am. 2301 01:24:19,790 --> 01:24:21,793 in the six buildings? >> no, ma‘am. >> that so the vouchers are in 2302 01:24:21,793 --> 01:24:22,093 >> no, ma‘am. >> that so the vouchers are in Addition to. 2303 01:24:22,093 --> 01:24:23,962 >> that so the vouchers are in Addition to. >> those vouchers is separate a 2304 01:24:23,962 --> 01:24:24,496 addition to. >> those vouchers is separate a Separate program? 2305 01:24:24,496 --> 01:24:24,662 >> those vouchers is separate a Separate program? Yes. 2306 01:24:24,662 --> 01:24:25,063 separate program? Yes. >> okay. 2307 01:24:25,063 --> 01:24:27,398 yes. >> okay. Thank you. 2308 01:24:27,398 --> 01:24:32,837 >> okay. Thank you. >> okay. 2309 01:24:32,837 --> 01:24:34,539 thank you. >> okay. And then with respect to our 2310 01:24:34,539 --> 01:24:36,708 >> okay. And then with respect to our Partnership properties, we do 2311 01:24:36,708 --> 01:24:39,110 and then with respect to our Partnership properties, we do Have properties throughout the 2312 01:24:39,110 --> 01:24:39,344 partnership properties, we do Have properties throughout the County. 2313 01:24:39,344 --> 01:24:43,247 have properties throughout the County. We actually celebrated our first 2314 01:24:43,247 --> 01:24:44,415 county. We actually celebrated our first Tax credit property. 2315 01:24:44,415 --> 01:24:48,118 we actually celebrated our first Tax credit property. Groundbreaking on yesterday in 2316 01:24:48,118 --> 01:24:50,621 tax credit property. Groundbreaking on yesterday in Southeast southeast austin off 2317 01:24:50,621 --> 01:24:52,891 groundbreaking on yesterday in Southeast southeast austin off East slaughter called sonora. 2318 01:24:52,891 --> 01:24:55,659 southeast southeast austin off East slaughter called sonora. So that won‘t be shown here. 2319 01:24:55,659 --> 01:24:57,861 east slaughter called sonora. So that won‘t be shown here. But we had the groundbreaking on 2320 01:24:57,861 --> 01:24:58,595 so that won‘t be shown here. But we had the groundbreaking on Just yesterday. 2321 01:24:58,595 --> 01:25:01,598 but we had the groundbreaking on Just yesterday. So we are continuing to partner 2322 01:25:01,598 --> 01:25:03,834 just yesterday. So we are continuing to partner With entities to obviously 2323 01:25:03,834 --> 01:25:05,135 so we are continuing to partner With entities to obviously Expand the supply of affordable 2324 01:25:05,135 --> 01:25:06,838 with entities to obviously Expand the supply of affordable Housing, as many of the other 2325 01:25:06,838 --> 01:25:08,239 expand the supply of affordable Housing, as many of the other Partners are here today, doing 2326 01:25:08,239 --> 01:25:09,406 housing, as many of the other Partners are here today, doing Very much the same thing. 2327 01:25:09,406 --> 01:25:11,543 partners are here today, doing Very much the same thing. >> so the units that are under 2328 01:25:11,543 --> 01:25:12,877 very much the same thing. >> so the units that are under Construction on this map, 2329 01:25:12,877 --> 01:25:14,345 >> so the units that are under Construction on this map, There‘s one, two, three, four, 2330 01:25:14,345 --> 01:25:14,645 construction on this map, There‘s one, two, three, four, Five, six. 2331 01:25:14,645 --> 01:25:17,549 there‘s one, two, three, four, Five, six. What‘s the total additional 2332 01:25:17,549 --> 01:25:20,284 five, six. What‘s the total additional Units that that would provide? 2333 01:25:20,284 --> 01:25:20,986 what‘s the total additional Units that that would provide? And is that the right way to 2334 01:25:20,986 --> 01:25:21,486 units that that would provide? And is that the right way to Look at it? 2335 01:25:21,486 --> 01:25:22,686 and is that the right way to Look at it? Since they‘re under construction 2336 01:25:22,686 --> 01:25:23,722 look at it? Since they‘re under construction They‘re not available now. 2337 01:25:23,722 --> 01:25:26,223 since they‘re under construction They‘re not available now. So when they‘re completed these 2338 01:25:26,223 --> 01:25:27,591 they‘re not available now. So when they‘re completed these Would be new units that would be 2339 01:25:27,591 --> 01:25:27,858 so when they‘re completed these Would be new units that would be Available. 2340 01:25:27,858 --> 01:25:29,394 would be new units that would be Available. >> that‘s correct. 2341 01:25:29,394 --> 01:25:30,361 available. >> that‘s correct. If you. 2342 01:25:30,361 --> 01:25:31,796 >> that‘s correct. If you. >> just roughly. 2343 01:25:31,796 --> 01:25:34,331 if you. >> just roughly. >> so we‘re talking about. 2344 01:25:34,331 --> 01:25:44,308 >> just roughly. >> so we‘re talking about. Approximately. 2345 01:25:44,308 --> 01:25:45,577 >> so we‘re talking about. Approximately. 1200. 2346 01:25:45,577 --> 01:25:48,446 approximately. 1200. And what we decided to do is 2347 01:25:48,446 --> 01:25:50,280 1200. And what we decided to do is Obviously look at the properties 2348 01:25:50,280 --> 01:25:51,648 and what we decided to do is Obviously look at the properties Under construction as opposed to 2349 01:25:51,648 --> 01:25:52,784 obviously look at the properties Under construction as opposed to Those that have received 2350 01:25:52,784 --> 01:25:54,185 under construction as opposed to Those that have received Entitlements, because that may 2351 01:25:54,185 --> 01:25:55,520 those that have received Entitlements, because that may Mean that the financing is not 2352 01:25:55,520 --> 01:25:57,022 entitlements, because that may Mean that the financing is not In place and that might not 2353 01:25:57,022 --> 01:25:57,254 mean that the financing is not In place and that might not Happen. 2354 01:25:57,254 --> 01:25:58,990 in place and that might not Happen. And so we to be conservative 2355 01:25:58,990 --> 01:26:00,091 happen. And so we to be conservative About the number, we decided we 2356 01:26:00,091 --> 01:26:01,659 and so we to be conservative About the number, we decided we Were going to only talk about 2357 01:26:01,659 --> 01:26:03,128 about the number, we decided we Were going to only talk about Those that were under 2358 01:26:03,128 --> 01:26:03,460 were going to only talk about Those that were under Construction. 2359 01:26:03,460 --> 01:26:05,063 those that were under Construction. So we‘re talking about about 2360 01:26:05,063 --> 01:26:06,463 construction. So we‘re talking about about 1200 under construction. 2361 01:26:06,463 --> 01:26:07,732 so we‘re talking about about 1200 under construction. >> so those would be new units 2362 01:26:07,732 --> 01:26:09,401 1200 under construction. >> so those would be new units That would be available as 2363 01:26:09,401 --> 01:26:10,368 >> so those would be new units That would be available as Deeply affordable units. 2364 01:26:10,368 --> 01:26:10,668 that would be available as Deeply affordable units. >> that is. 2365 01:26:10,668 --> 01:26:12,337 deeply affordable units. >> that is. >> well, let me not. 2366 01:26:12,337 --> 01:26:15,139 >> that is. >> well, let me not. So not deeply affordable as in 2367 01:26:15,139 --> 01:26:16,240 >> well, let me not. So not deeply affordable as in All 30 units. 2368 01:26:16,240 --> 01:26:17,409 so not deeply affordable as in All 30 units. We‘re talking about anything 2369 01:26:17,409 --> 01:26:21,212 all 30 units. We‘re talking about anything From 60, 60%, 80% units, 60% 2370 01:26:21,212 --> 01:26:22,347 we‘re talking about anything From 60, 60%, 80% units, 60% Units, 30%. 2371 01:26:22,347 --> 01:26:22,713 from 60, 60%, 80% units, 60% Units, 30%. >> units, okay. 2372 01:26:22,713 --> 01:26:25,617 units, 30%. >> units, okay. 50% units. 2373 01:26:25,617 --> 01:26:27,385 >> units, okay. 50% units. >> all right. 2374 01:26:27,385 --> 01:26:32,790 50% units. >> all right. So with respect to our existing 2375 01:26:32,790 --> 01:26:33,858 >> all right. So with respect to our existing Inventory, as you know, over the 2376 01:26:33,858 --> 01:26:35,860 so with respect to our existing Inventory, as you know, over the Years, we‘ve had properties that 2377 01:26:35,860 --> 01:26:38,162 inventory, as you know, over the Years, we‘ve had properties that Have been aging and there‘s been 2378 01:26:38,162 --> 01:26:39,631 years, we‘ve had properties that Have been aging and there‘s been A renewed commitment to 2379 01:26:39,631 --> 01:26:41,232 have been aging and there‘s been A renewed commitment to Obviously preserve those. 2380 01:26:41,232 --> 01:26:43,000 a renewed commitment to Obviously preserve those. And so we‘ve spent a significant 2381 01:26:43,000 --> 01:26:44,969 obviously preserve those. And so we‘ve spent a significant Amount of funding of our own 2382 01:26:44,969 --> 01:26:46,404 and so we‘ve spent a significant Amount of funding of our own Funding to rehab these 2383 01:26:46,404 --> 01:26:46,705 amount of funding of our own Funding to rehab these Properties. 2384 01:26:46,705 --> 01:26:47,838 funding to rehab these Properties. In addition to those we‘ve 2385 01:26:47,838 --> 01:26:49,773 properties. In addition to those we‘ve Received from the state as well. 2386 01:26:49,773 --> 01:26:52,844 in addition to those we‘ve Received from the state as well. So this is an example of 2387 01:26:52,844 --> 01:26:54,012 received from the state as well. So this is an example of Rehabilitation that‘s going on 2388 01:26:54,012 --> 01:26:55,814 so this is an example of Rehabilitation that‘s going on At eastern oaks, summit oaks, 2389 01:26:55,814 --> 01:26:56,246 rehabilitation that‘s going on At eastern oaks, summit oaks, Alexander oaks. 2390 01:26:56,246 --> 01:26:59,617 at eastern oaks, summit oaks, Alexander oaks. And then we are doing really 2391 01:26:59,617 --> 01:27:01,820 alexander oaks. And then we are doing really Significant rehabilitation at 2392 01:27:01,820 --> 01:27:03,321 and then we are doing really Significant rehabilitation at Our property at mentor town, 2393 01:27:03,321 --> 01:27:04,354 significant rehabilitation at Our property at mentor town, Which is funding that. 2394 01:27:04,354 --> 01:27:07,892 our property at mentor town, Which is funding that. We‘re using our own to do that 2395 01:27:07,892 --> 01:27:08,093 which is funding that. We‘re using our own to do that Work. 2396 01:27:08,093 --> 01:27:10,260 we‘re using our own to do that Work. And that‘s 33 units in the 2397 01:27:10,260 --> 01:27:12,097 work. And that‘s 33 units in the Maynard town building in the 2398 01:27:12,097 --> 01:27:14,999 and that‘s 33 units in the Maynard town building in the City of maynor. 2399 01:27:14,999 --> 01:27:16,735 maynard town building in the City of maynor. I know there‘s always been 2400 01:27:16,735 --> 01:27:19,637 city of maynor. I know there‘s always been Questions about how you achieve 2401 01:27:19,637 --> 01:27:21,439 I know there‘s always been Questions about how you achieve Compliance and how we go about 2402 01:27:21,439 --> 01:27:21,806 questions about how you achieve Compliance and how we go about Doing that. 2403 01:27:21,806 --> 01:27:26,010 compliance and how we go about Doing that. We we do enlist the help of a 2404 01:27:26,010 --> 01:27:28,145 doing that. We we do enlist the help of a Third party provider to assist 2405 01:27:28,145 --> 01:27:29,914 we we do enlist the help of a Third party provider to assist Us with that work. 2406 01:27:29,914 --> 01:27:31,882 third party provider to assist Us with that work. In addition to, obviously, those 2407 01:27:31,882 --> 01:27:33,985 us with that work. In addition to, obviously, those That are required through the 2408 01:27:33,985 --> 01:27:36,787 in addition to, obviously, those That are required through the Funding providers as well, which 2409 01:27:36,787 --> 01:27:38,857 that are required through the Funding providers as well, which Is primarily td tdhca in the 2410 01:27:38,857 --> 01:27:41,259 funding providers as well, which Is primarily td tdhca in the City of austin. 2411 01:27:41,259 --> 01:27:42,060 is primarily td tdhca in the City of austin. And so. 2412 01:27:42,060 --> 01:27:44,496 city of austin. And so. Additionally, obviously through 2413 01:27:44,496 --> 01:27:46,397 and so. Additionally, obviously through Our third party property 2414 01:27:46,397 --> 01:27:47,432 additionally, obviously through Our third party property Management management company 2415 01:27:47,432 --> 01:27:49,166 our third party property Management management company That manages our entire 2416 01:27:49,166 --> 01:27:51,635 management management company That manages our entire Portfolio of 174, we also have 2417 01:27:51,635 --> 01:27:54,539 that manages our entire Portfolio of 174, we also have Internal compliance entity 2418 01:27:54,539 --> 01:27:56,975 portfolio of 174, we also have Internal compliance entity Within that group to do that 2419 01:27:56,975 --> 01:27:59,510 internal compliance entity Within that group to do that Same work. 2420 01:27:59,510 --> 01:28:01,845 within that group to do that Same work. So I did talk a little bit about 2421 01:28:01,845 --> 01:28:02,780 same work. So I did talk a little bit about The voucher program. 2422 01:28:02,780 --> 01:28:04,449 so I did talk a little bit about The voucher program. Here‘s a more detailed breakdown 2423 01:28:04,449 --> 01:28:06,450 the voucher program. Here‘s a more detailed breakdown About the voucher program. 2424 01:28:06,450 --> 01:28:08,286 here‘s a more detailed breakdown About the voucher program. Port ns means that there are 2425 01:28:08,286 --> 01:28:08,553 about the voucher program. Port ns means that there are Property. 2426 01:28:08,553 --> 01:28:09,854 port ns means that there are Property. There are someone‘s coming to 2427 01:28:09,854 --> 01:28:11,990 property. There are someone‘s coming to This region with a voucher in 2428 01:28:11,990 --> 01:28:14,858 there are someone‘s coming to This region with a voucher in Hand, and that we are the entity 2429 01:28:14,858 --> 01:28:16,226 this region with a voucher in Hand, and that we are the entity Either us typically, or the city 2430 01:28:16,226 --> 01:28:17,695 hand, and that we are the entity Either us typically, or the city Of austin‘s housing authority 2431 01:28:17,695 --> 01:28:21,398 either us typically, or the city Of austin‘s housing authority Will be managing that voucher on 2432 01:28:21,398 --> 01:28:21,899 of austin‘s housing authority Will be managing that voucher on Behalf of the. 2433 01:28:21,899 --> 01:28:24,202 will be managing that voucher on Behalf of the. That individual. 2434 01:28:24,202 --> 01:28:25,837 behalf of the. That individual. So there‘s port ins, port outs 2435 01:28:25,837 --> 01:28:26,905 that individual. So there‘s port ins, port outs When they actually move to 2436 01:28:26,905 --> 01:28:27,806 so there‘s port ins, port outs When they actually move to Another location. 2437 01:28:27,806 --> 01:28:30,507 when they actually move to Another location. We have stability vouchers, 2438 01:28:30,507 --> 01:28:31,509 another location. We have stability vouchers, Emergency housing vouchers I 2439 01:28:31,509 --> 01:28:33,745 we have stability vouchers, Emergency housing vouchers I Mentioned is going away 2440 01:28:33,745 --> 01:28:34,044 emergency housing vouchers I Mentioned is going away Mainstream. 2441 01:28:34,044 --> 01:28:36,848 mentioned is going away Mainstream. We have the 49 and then the 2442 01:28:36,848 --> 01:28:39,050 mainstream. We have the 49 and then the Additional vouchers make up the 2443 01:28:39,050 --> 01:28:40,718 we have the 49 and then the Additional vouchers make up the 691 vouchers that I made mention 2444 01:28:40,718 --> 01:28:42,887 additional vouchers make up the 691 vouchers that I made mention Of. 2445 01:28:42,887 --> 01:28:44,789 691 vouchers that I made mention Of. >> what‘s the 434 category. 2446 01:28:44,789 --> 01:28:49,594 of. >> what‘s the 434 category. >> so 434 is what‘s the the 740 2447 01:28:49,594 --> 01:28:52,931 >> what‘s the 434 category. >> so 434 is what‘s the the 740 Minus the 40, 49 mainstream 2448 01:28:52,931 --> 01:28:55,233 >> so 434 is what‘s the the 740 Minus the 40, 49 mainstream Vouchers, minus the 20 that are 2449 01:28:55,233 --> 01:28:56,233 minus the 40, 49 mainstream Vouchers, minus the 20 that are Stability vouchers. 2450 01:28:56,233 --> 01:29:01,405 vouchers, minus the 20 that are Stability vouchers. So 740 collectively, the 434 is 2451 01:29:01,405 --> 01:29:03,174 stability vouchers. So 740 collectively, the 434 is A balance of what‘s not split 2452 01:29:03,174 --> 01:29:04,875 so 740 collectively, the 434 is A balance of what‘s not split Out with the other program. 2453 01:29:04,875 --> 01:29:07,811 a balance of what‘s not split Out with the other program. So again 740 is the number if 2454 01:29:07,811 --> 01:29:09,379 out with the other program. So again 740 is the number if You‘re looking for a specific 2455 01:29:09,379 --> 01:29:10,648 so again 740 is the number if You‘re looking for a specific Number of the total number of 2456 01:29:10,648 --> 01:29:11,882 you‘re looking for a specific Number of the total number of Vouchers, this might be more 2457 01:29:11,882 --> 01:29:13,317 number of the total number of Vouchers, this might be more Detail, might know the details, 2458 01:29:13,317 --> 01:29:14,686 vouchers, this might be more Detail, might know the details, Might be throwing you off, but. 2459 01:29:14,686 --> 01:29:15,820 detail, might know the details, Might be throwing you off, but. >> this is very helpful. 2460 01:29:15,820 --> 01:29:17,821 might be throwing you off, but. >> this is very helpful. My question was what category is 2461 01:29:17,821 --> 01:29:18,022 >> this is very helpful. My question was what category is That. 2462 01:29:18,022 --> 01:29:19,223 my question was what category is That. 434 blue. 2463 01:29:19,223 --> 01:29:20,992 that. 434 blue. I can‘t distinguish the blues 2464 01:29:20,992 --> 01:29:21,226 434 blue. I can‘t distinguish the blues And the. 2465 01:29:21,226 --> 01:29:22,659 I can‘t distinguish the blues And the. >> that‘s the traditional 2466 01:29:22,659 --> 01:29:23,861 and the. >> that‘s the traditional Housing choice voucher that‘s 2467 01:29:23,861 --> 01:29:25,729 >> that‘s the traditional Housing choice voucher that‘s Not designated for a specific 2468 01:29:25,729 --> 01:29:25,963 housing choice voucher that‘s Not designated for a specific Purpose. 2469 01:29:25,963 --> 01:29:26,164 not designated for a specific Purpose. Sorry. 2470 01:29:26,164 --> 01:29:27,564 purpose. Sorry. It‘s a very it‘s hard. 2471 01:29:27,564 --> 01:29:28,098 sorry. It‘s a very it‘s hard. It‘s hard to see. 2472 01:29:28,098 --> 01:29:30,702 it‘s a very it‘s hard. It‘s hard to see. But the very first category of 2473 01:29:30,702 --> 01:29:31,568 it‘s hard to see. But the very first category of Housing choice vouchers. 2474 01:29:31,568 --> 01:29:35,006 but the very first category of Housing choice vouchers. So those that are not elderly, 2475 01:29:35,006 --> 01:29:36,807 housing choice vouchers. So those that are not elderly, Disabled or project based or. 2476 01:29:36,807 --> 01:29:37,942 so those that are not elderly, Disabled or project based or. >> voucher. 2477 01:29:37,942 --> 01:29:38,877 disabled or project based or. >> voucher. >> that is correct. 2478 01:29:38,877 --> 01:29:39,243 >> voucher. >> that is correct. So that. 2479 01:29:39,243 --> 01:29:41,212 >> that is correct. So that. So the traditional. 2480 01:29:41,212 --> 01:29:46,483 so that. So the traditional. Conventional vouchers, the 434. 2481 01:29:46,483 --> 01:29:49,186 so the traditional. Conventional vouchers, the 434. >> section eight kind of 2482 01:29:49,186 --> 01:29:49,419 conventional vouchers, the 434. >> section eight kind of Voucher. 2483 01:29:49,419 --> 01:29:51,622 >> section eight kind of Voucher. >> well, they‘re all section 2484 01:29:51,622 --> 01:29:53,458 voucher. >> well, they‘re all section Eight, but some are specialty 2485 01:29:53,458 --> 01:29:55,360 >> well, they‘re all section Eight, but some are specialty Vouchers that aren‘t designated 2486 01:29:55,360 --> 01:29:56,094 eight, but some are specialty Vouchers that aren‘t designated For a specific purpose. 2487 01:29:56,094 --> 01:29:56,561 vouchers that aren‘t designated For a specific purpose. >> okay. 2488 01:29:56,561 --> 01:29:59,229 for a specific purpose. >> okay. >> right. 2489 01:29:59,229 --> 01:30:01,932 >> okay. >> right. >> and we have family 2490 01:30:01,932 --> 01:30:03,168 >> right. >> and we have family Unification ones, but we don‘t 2491 01:30:03,168 --> 01:30:05,537 >> and we have family Unification ones, but we don‘t Have any of the youth specific 2492 01:30:05,537 --> 01:30:05,969 unification ones, but we don‘t Have any of the youth specific Ones yet. 2493 01:30:05,969 --> 01:30:09,139 have any of the youth specific Ones yet. >> we we don‘t we as in hatc. 2494 01:30:09,139 --> 01:30:12,010 ones yet. >> we we don‘t we as in hatc. >> okay. 2495 01:30:12,010 --> 01:30:13,510 >> we we don‘t we as in hatc. >> okay. >> that might change in the 2496 01:30:13,510 --> 01:30:13,745 >> okay. >> that might change in the Future. 2497 01:30:13,745 --> 01:30:15,446 >> that might change in the Future. But as of as of current, we 2498 01:30:15,446 --> 01:30:15,679 future. But as of as of current, we Don‘t. 2499 01:30:15,679 --> 01:30:18,382 but as of as of current, we Don‘t. So just an idea about sort of 2500 01:30:18,382 --> 01:30:21,318 don‘t. So just an idea about sort of The distribution kind of gives 2501 01:30:21,318 --> 01:30:24,121 so just an idea about sort of The distribution kind of gives You numbers of where folks are 2502 01:30:24,121 --> 01:30:24,354 the distribution kind of gives You numbers of where folks are Located. 2503 01:30:24,354 --> 01:30:27,225 you numbers of where folks are Located. Obviously, the majority of those 2504 01:30:27,225 --> 01:30:30,827 located. Obviously, the majority of those Of the 740 live generally east 2505 01:30:30,827 --> 01:30:32,931 obviously, the majority of those Of the 740 live generally east Of I-35, which is no surprise to 2506 01:30:32,931 --> 01:30:35,066 of the 740 live generally east Of I-35, which is no surprise to Anyone. 2507 01:30:35,066 --> 01:30:37,534 of I-35, which is no surprise to Anyone. But we are getting more of a 2508 01:30:37,534 --> 01:30:37,868 anyone. But we are getting more of a Distribution. 2509 01:30:37,868 --> 01:30:39,137 but we are getting more of a Distribution. We‘re happy to see that. 2510 01:30:39,137 --> 01:30:41,405 distribution. We‘re happy to see that. Obviously, the idea of 2511 01:30:41,405 --> 01:30:43,441 we‘re happy to see that. Obviously, the idea of Continuing to recruit landlords 2512 01:30:43,441 --> 01:30:44,976 obviously, the idea of Continuing to recruit landlords In areas, otherwise they 2513 01:30:44,976 --> 01:30:45,610 continuing to recruit landlords In areas, otherwise they Wouldn‘t be. 2514 01:30:45,610 --> 01:30:50,314 in areas, otherwise they Wouldn‘t be. Available or willing is 2515 01:30:50,314 --> 01:30:51,549 wouldn‘t be. Available or willing is Something that we continue to 2516 01:30:51,549 --> 01:30:53,284 available or willing is Something that we continue to Work on, but that is just a 2517 01:30:53,284 --> 01:30:54,618 something that we continue to Work on, but that is just a General idea about the 2518 01:30:54,618 --> 01:30:56,888 work on, but that is just a General idea about the Distribution of our vouchers. 2519 01:30:56,888 --> 01:30:59,324 general idea about the Distribution of our vouchers. >> so the one unit, it looks 2520 01:30:59,324 --> 01:31:01,459 distribution of our vouchers. >> so the one unit, it looks Like that‘s out in the hills in 2521 01:31:01,459 --> 01:31:03,127 >> so the one unit, it looks Like that‘s out in the hills in Lakeway, is that just a 2522 01:31:03,127 --> 01:31:03,394 like that‘s out in the hills in Lakeway, is that just a Landlord? 2523 01:31:03,394 --> 01:31:06,129 lakeway, is that just a Landlord? Were contracting with for. 2524 01:31:06,129 --> 01:31:07,598 landlord? Were contracting with for. >> yes, one unit. 2525 01:31:07,598 --> 01:31:08,600 were contracting with for. >> yes, one unit. >> one unit. 2526 01:31:08,600 --> 01:31:10,767 >> yes, one unit. >> one unit. >> so that‘s probably a house. 2527 01:31:10,767 --> 01:31:11,402 >> one unit. >> so that‘s probably a house. >> yeah. 2528 01:31:11,402 --> 01:31:14,239 >> so that‘s probably a house. >> yeah. >> it‘s probably a house. 2529 01:31:14,239 --> 01:31:15,740 >> yeah. >> it‘s probably a house. It could be an apartment with 2530 01:31:15,740 --> 01:31:16,107 >> it‘s probably a house. It could be an apartment with One unit. 2531 01:31:16,107 --> 01:31:17,742 it could be an apartment with One unit. It could be, I don‘t know, off 2532 01:31:17,742 --> 01:31:18,243 one unit. It could be, I don‘t know, off The top of my head. 2533 01:31:18,243 --> 01:31:20,712 it could be, I don‘t know, off The top of my head. But typically when you find 2534 01:31:20,712 --> 01:31:22,046 the top of my head. But typically when you find Areas, those areas, typically 2535 01:31:22,046 --> 01:31:23,848 but typically when you find Areas, those areas, typically You will find probably a single 2536 01:31:23,848 --> 01:31:25,382 areas, those areas, typically You will find probably a single Family detached house, a small, 2537 01:31:25,382 --> 01:31:26,183 you will find probably a single Family detached house, a small, Small unit. 2538 01:31:26,183 --> 01:31:26,550 family detached house, a small, Small unit. >> okay. 2539 01:31:26,550 --> 01:31:26,950 small unit. >> okay. >> thank you. 2540 01:31:26,950 --> 01:31:29,854 >> okay. >> thank you. In most cases. 2541 01:31:29,854 --> 01:31:33,992 >> thank you. In most cases. We made mention of this before. 2542 01:31:33,992 --> 01:31:36,394 in most cases. We made mention of this before. We have received a designation 2543 01:31:36,394 --> 01:31:37,962 we made mention of this before. We have received a designation As a moving to work agency. 2544 01:31:37,962 --> 01:31:43,233 we have received a designation As a moving to work agency. There‘s only 139 136. 2545 01:31:43,233 --> 01:31:49,340 as a moving to work agency. There‘s only 139 136. Housing authorities that have 2546 01:31:49,340 --> 01:31:51,074 there‘s only 139 136. Housing authorities that have This designation, and we happen 2547 01:31:51,074 --> 01:31:53,311 housing authorities that have This designation, and we happen To be one of those had decided 2548 01:31:53,311 --> 01:31:56,347 this designation, and we happen To be one of those had decided To expand on the original 39 2549 01:31:56,347 --> 01:31:59,950 to be one of those had decided To expand on the original 39 Back in 2018, and we received 2550 01:31:59,950 --> 01:32:02,320 to expand on the original 39 Back in 2018, and we received The opportunity to apply and 2551 01:32:02,320 --> 01:32:03,487 back in 2018, and we received The opportunity to apply and Were designated as such. 2552 01:32:03,487 --> 01:32:05,790 the opportunity to apply and Were designated as such. What that does is provide some 2553 01:32:05,790 --> 01:32:06,691 were designated as such. What that does is provide some Flexible flexibility as it 2554 01:32:06,691 --> 01:32:08,793 what that does is provide some Flexible flexibility as it Relates to some of the federal 2555 01:32:08,793 --> 01:32:09,993 flexible flexibility as it Relates to some of the federal Standards related to how you run 2556 01:32:09,993 --> 01:32:11,229 relates to some of the federal Standards related to how you run Your program. 2557 01:32:11,229 --> 01:32:13,230 standards related to how you run Your program. So we‘ve tried to leverage that 2558 01:32:13,230 --> 01:32:16,700 your program. So we‘ve tried to leverage that In order to make to promote 2559 01:32:16,700 --> 01:32:17,101 so we‘ve tried to leverage that In order to make to promote Self-sufficiency. 2560 01:32:17,101 --> 01:32:18,570 in order to make to promote Self-sufficiency. So case in point, as an example. 2561 01:32:18,570 --> 01:32:21,838 self-sufficiency. So case in point, as an example. Someone earning more income, 2562 01:32:21,838 --> 01:32:23,174 so case in point, as an example. Someone earning more income, They got a raise at their job. 2563 01:32:23,174 --> 01:32:25,243 someone earning more income, They got a raise at their job. We don‘t require you to come in 2564 01:32:25,243 --> 01:32:27,745 they got a raise at their job. We don‘t require you to come in And do an interim 2565 01:32:27,745 --> 01:32:29,147 we don‘t require you to come in And do an interim Recertification with the idea 2566 01:32:29,147 --> 01:32:30,814 and do an interim Recertification with the idea That you would save those funds 2567 01:32:30,814 --> 01:32:33,117 recertification with the idea That you would save those funds And be able to obviously become 2568 01:32:33,117 --> 01:32:34,618 that you would save those funds And be able to obviously become More self-sufficient, as an 2569 01:32:34,618 --> 01:32:34,851 and be able to obviously become More self-sufficient, as an Example. 2570 01:32:34,851 --> 01:32:36,253 more self-sufficient, as an Example. But the traditional program 2571 01:32:36,253 --> 01:32:37,354 example. But the traditional program Doesn‘t allow you to do that. 2572 01:32:37,354 --> 01:32:39,057 but the traditional program Doesn‘t allow you to do that. You would have to make an 2573 01:32:39,057 --> 01:32:41,659 doesn‘t allow you to do that. You would have to make an Adjustment in your you would 2574 01:32:41,659 --> 01:32:43,760 you would have to make an Adjustment in your you would Have to go in and come in, do a 2575 01:32:43,760 --> 01:32:44,128 adjustment in your you would Have to go in and come in, do a Recertification. 2576 01:32:44,128 --> 01:32:45,063 have to go in and come in, do a Recertification. And that would mean your rent, 2577 01:32:45,063 --> 01:32:45,929 recertification. And that would mean your rent, Your rent would go up. 2578 01:32:45,929 --> 01:32:47,432 and that would mean your rent, Your rent would go up. >> is that what that second 2579 01:32:47,432 --> 01:32:47,764 your rent would go up. >> is that what that second Bullet means? 2580 01:32:47,764 --> 01:32:49,567 >> is that what that second Bullet means? Promote self-sufficiency, 2581 01:32:49,567 --> 01:32:50,635 bullet means? Promote self-sufficiency, Provide incentives for families 2582 01:32:50,635 --> 01:32:52,270 promote self-sufficiency, Provide incentives for families To find employment increase. 2583 01:32:52,270 --> 01:32:53,737 provide incentives for families To find employment increase. >> that is, that isn‘t one 2584 01:32:53,737 --> 01:32:54,104 to find employment increase. >> that is, that isn‘t one Example of such. 2585 01:32:54,104 --> 01:32:56,473 >> that is, that isn‘t one Example of such. Yes, ma‘am. 2586 01:32:56,473 --> 01:32:58,976 example of such. Yes, ma‘am. >> congrats. 2587 01:32:58,976 --> 01:33:01,746 yes, ma‘am. >> congrats. >> so again, we talked about coc 2588 01:33:01,746 --> 01:33:04,648 >> congrats. >> so again, we talked about coc And for a while obviously that 2589 01:33:04,648 --> 01:33:06,784 >> so again, we talked about coc And for a while obviously that Funding is is there‘s some 2590 01:33:06,784 --> 01:33:07,385 and for a while obviously that Funding is is there‘s some Uncertainty there. 2591 01:33:07,385 --> 01:33:09,320 funding is is there‘s some Uncertainty there. But the providers in the area 2592 01:33:09,320 --> 01:33:10,888 uncertainty there. But the providers in the area Have all been working together. 2593 01:33:10,888 --> 01:33:15,360 but the providers in the area Have all been working together. We got early on, we got some 2594 01:33:15,360 --> 01:33:16,094 have all been working together. We got early on, we got some Notification that we were going 2595 01:33:16,094 --> 01:33:18,061 we got early on, we got some Notification that we were going To have to do a, an application. 2596 01:33:18,061 --> 01:33:19,330 notification that we were going To have to do a, an application. So in the fall, we all were 2597 01:33:19,330 --> 01:33:20,398 to have to do a, an application. So in the fall, we all were Pulling together and putting 2598 01:33:20,398 --> 01:33:21,432 so in the fall, we all were Pulling together and putting Together application. 2599 01:33:21,432 --> 01:33:22,600 pulling together and putting Together application. They suspended that. 2600 01:33:22,600 --> 01:33:23,935 together application. They suspended that. So now we‘re back on the 2601 01:33:23,935 --> 01:33:24,969 they suspended that. So now we‘re back on the Original schedule because it‘s 2602 01:33:24,969 --> 01:33:25,936 so now we‘re back on the Original schedule because it‘s Supposed to be biennial. 2603 01:33:25,936 --> 01:33:30,108 original schedule because it‘s Supposed to be biennial. So so it changes from day to day 2604 01:33:30,108 --> 01:33:30,841 supposed to be biennial. So so it changes from day to day To day, unfortunately. 2605 01:33:30,841 --> 01:33:33,111 so so it changes from day to day To day, unfortunately. But we, we know that there are 2606 01:33:33,111 --> 01:33:36,581 to day, unfortunately. But we, we know that there are Shortfall a, a reduction in the 2607 01:33:36,581 --> 01:33:37,848 but we, we know that there are Shortfall a, a reduction in the Amount of funds is coming. 2608 01:33:37,848 --> 01:33:40,183 shortfall a, a reduction in the Amount of funds is coming. And so we‘re all trying to plan 2609 01:33:40,183 --> 01:33:40,952 amount of funds is coming. And so we‘re all trying to plan Accordingly for such. 2610 01:33:40,952 --> 01:33:43,154 and so we‘re all trying to plan Accordingly for such. But obviously that is a very 2611 01:33:43,154 --> 01:33:44,855 accordingly for such. But obviously that is a very Critical program, as in the 2612 01:33:44,855 --> 01:33:45,456 but obviously that is a very Critical program, as in the Homeless space. 2613 01:33:45,456 --> 01:33:47,492 critical program, as in the Homeless space. And we hope that we can continue 2614 01:33:47,492 --> 01:33:48,925 homeless space. And we hope that we can continue To provide that service. 2615 01:33:48,925 --> 01:33:50,227 and we hope that we can continue To provide that service. >> and patrick, I think it could 2616 01:33:50,227 --> 01:33:52,729 to provide that service. >> and patrick, I think it could Be upwards of a 30% cut to the 2617 01:33:52,729 --> 01:33:53,598 >> and patrick, I think it could Be upwards of a 30% cut to the Coc funding. 2618 01:33:53,598 --> 01:33:55,300 be upwards of a 30% cut to the Coc funding. >> you are correct. 2619 01:33:55,300 --> 01:33:55,566 coc funding. >> you are correct. Yeah. 2620 01:33:55,566 --> 01:33:55,899 >> you are correct. Yeah. You. 2621 01:33:55,899 --> 01:33:57,702 yeah. You. Yes, that‘s probably more 2622 01:33:57,702 --> 01:33:57,969 you. Yes, that‘s probably more Accurate. 2623 01:33:57,969 --> 01:34:00,270 yes, that‘s probably more Accurate. Thank you. 2624 01:34:00,270 --> 01:34:03,708 accurate. Thank you. Not better news, but it is more 2625 01:34:03,708 --> 01:34:05,075 thank you. Not better news, but it is more More accurate as it relates to 2626 01:34:05,075 --> 01:34:06,411 not better news, but it is more More accurate as it relates to What we‘re dealing with. 2627 01:34:06,411 --> 01:34:10,648 more accurate as it relates to What we‘re dealing with. So we were successful for years. 2628 01:34:10,648 --> 01:34:12,283 what we‘re dealing with. So we were successful for years. We had not had a family 2629 01:34:12,283 --> 01:34:13,250 so we were successful for years. We had not had a family Self-sufficiency program. 2630 01:34:13,250 --> 01:34:14,686 we had not had a family Self-sufficiency program. We did have a foundation that 2631 01:34:14,686 --> 01:34:15,686 self-sufficiency program. We did have a foundation that Was doing some work. 2632 01:34:15,686 --> 01:34:17,989 we did have a foundation that Was doing some work. But we‘re excited about the fact 2633 01:34:17,989 --> 01:34:19,490 was doing some work. But we‘re excited about the fact That for the last year, we‘ve 2634 01:34:19,490 --> 01:34:21,759 but we‘re excited about the fact That for the last year, we‘ve Had a family self-sufficiency 2635 01:34:21,759 --> 01:34:21,993 that for the last year, we‘ve Had a family self-sufficiency Program. 2636 01:34:21,993 --> 01:34:23,361 had a family self-sufficiency Program. You‘ll hear from one of our 2637 01:34:23,361 --> 01:34:24,962 program. You‘ll hear from one of our Staff members later on as they 2638 01:34:24,962 --> 01:34:26,564 you‘ll hear from one of our Staff members later on as they Talk about the down payment 2639 01:34:26,564 --> 01:34:27,432 staff members later on as they Talk about the down payment Assistance program, because 2640 01:34:27,432 --> 01:34:28,199 talk about the down payment Assistance program, because That‘s one of the things that 2641 01:34:28,199 --> 01:34:31,101 assistance program, because That‘s one of the things that We‘re trying to promote is 2642 01:34:31,101 --> 01:34:31,601 that‘s one of the things that We‘re trying to promote is Homeownership as well. 2643 01:34:31,601 --> 01:34:33,571 we‘re trying to promote is Homeownership as well. But we are happy to say that we 2644 01:34:33,571 --> 01:34:35,039 homeownership as well. But we are happy to say that we Are continuing to try to look in 2645 01:34:35,039 --> 01:34:37,608 but we are happy to say that we Are continuing to try to look in How we invest in our families 2646 01:34:37,608 --> 01:34:39,344 are continuing to try to look in How we invest in our families And make them more 2647 01:34:39,344 --> 01:34:39,710 how we invest in our families And make them more Self-sufficient. 2648 01:34:39,710 --> 01:34:41,813 and make them more Self-sufficient. So that‘s obviously a direct 2649 01:34:41,813 --> 01:34:44,281 self-sufficient. So that‘s obviously a direct Result of the efforts of the 2650 01:34:44,281 --> 01:34:46,416 so that‘s obviously a direct Result of the efforts of the Family, self-sufficiency staff 2651 01:34:46,416 --> 01:34:48,519 result of the efforts of the Family, self-sufficiency staff And all of our partners as it 2652 01:34:48,519 --> 01:34:51,422 family, self-sufficiency staff And all of our partners as it Relates to such. 2653 01:34:51,422 --> 01:34:55,360 and all of our partners as it Relates to such. So again, the family 2654 01:34:55,360 --> 01:34:57,495 relates to such. So again, the family Self-sufficiency program focuses 2655 01:34:57,495 --> 01:35:00,431 so again, the family Self-sufficiency program focuses On things like homeownership, 2656 01:35:00,431 --> 01:35:03,233 self-sufficiency program focuses On things like homeownership, Financial literacy, workforce 2657 01:35:03,233 --> 01:35:04,034 on things like homeownership, Financial literacy, workforce Development, and the like. 2658 01:35:04,034 --> 01:35:07,472 financial literacy, workforce Development, and the like. And so again, that is a very 2659 01:35:07,472 --> 01:35:08,840 development, and the like. And so again, that is a very Successful program. 2660 01:35:08,840 --> 01:35:11,808 and so again, that is a very Successful program. Over the years, many agencies 2661 01:35:11,808 --> 01:35:13,344 successful program. Over the years, many agencies Obviously elect to participate 2662 01:35:13,344 --> 01:35:14,245 over the years, many agencies Obviously elect to participate In that, in addition to some of 2663 01:35:14,245 --> 01:35:16,314 obviously elect to participate In that, in addition to some of The other programs that we hope 2664 01:35:16,314 --> 01:35:18,115 in that, in addition to some of The other programs that we hope To be able to do, like ross and 2665 01:35:18,115 --> 01:35:19,317 the other programs that we hope To be able to do, like ross and Jobs plus in the future. 2666 01:35:19,317 --> 01:35:21,385 to be able to do, like ross and Jobs plus in the future. But this is we are happy about 2667 01:35:21,385 --> 01:35:23,621 jobs plus in the future. But this is we are happy about Our family self-sufficiency 2668 01:35:23,621 --> 01:35:23,854 but this is we are happy about Our family self-sufficiency Program. 2669 01:35:23,854 --> 01:35:29,560 our family self-sufficiency Program. So we that family 2670 01:35:29,560 --> 01:35:31,361 program. So we that family Self-sufficiency is is a part of 2671 01:35:31,361 --> 01:35:33,463 so we that family Self-sufficiency is is a part of Our broader initiative with our 2672 01:35:33,463 --> 01:35:35,733 self-sufficiency is is a part of Our broader initiative with our Foundation, our 501 c three that 2673 01:35:35,733 --> 01:35:38,335 our broader initiative with our Foundation, our 501 c three that We created back in 2017 to 2674 01:35:38,335 --> 01:35:40,270 foundation, our 501 c three that We created back in 2017 to Promote self-sufficiency. 2675 01:35:40,270 --> 01:35:42,740 we created back in 2017 to Promote self-sufficiency. So even outside of the family 2676 01:35:42,740 --> 01:35:43,740 promote self-sufficiency. So even outside of the family Self-sufficiency program, which 2677 01:35:43,740 --> 01:35:45,243 so even outside of the family Self-sufficiency program, which If you‘re familiar with it, is 2678 01:35:45,243 --> 01:35:46,144 self-sufficiency program, which If you‘re familiar with it, is Very prescribed. 2679 01:35:46,144 --> 01:35:48,979 if you‘re familiar with it, is Very prescribed. We are we are partnering with 2680 01:35:48,979 --> 01:35:50,881 very prescribed. We are we are partnering with Entities like the urban league, 2681 01:35:50,881 --> 01:35:52,682 we are we are partnering with Entities like the urban league, Black men‘s health clinic, 2682 01:35:52,682 --> 01:35:53,450 entities like the urban league, Black men‘s health clinic, Central food bank. 2683 01:35:53,450 --> 01:35:55,686 black men‘s health clinic, Central food bank. We have a we have a farmer‘s 2684 01:35:55,686 --> 01:35:57,422 central food bank. We have a we have a farmer‘s Market at our senior building 2685 01:35:57,422 --> 01:35:57,722 we have a we have a farmer‘s Market at our senior building Every month. 2686 01:35:57,722 --> 01:35:58,823 market at our senior building Every month. And we‘ve done that for more 2687 01:35:58,823 --> 01:35:59,389 every month. And we‘ve done that for more Than a year. 2688 01:35:59,389 --> 01:36:02,293 and we‘ve done that for more Than a year. And other partnerships we have, 2689 01:36:02,293 --> 01:36:03,727 than a year. And other partnerships we have, Like with south state bank, but 2690 01:36:03,727 --> 01:36:05,862 and other partnerships we have, Like with south state bank, but Very happy about those community 2691 01:36:05,862 --> 01:36:08,266 like with south state bank, but Very happy about those community Partners that have stepped up 2692 01:36:08,266 --> 01:36:10,168 very happy about those community Partners that have stepped up And assisted us as we‘ve tried 2693 01:36:10,168 --> 01:36:12,469 partners that have stepped up And assisted us as we‘ve tried To work on help empowering our 2694 01:36:12,469 --> 01:36:12,736 and assisted us as we‘ve tried To work on help empowering our Residents. 2695 01:36:12,736 --> 01:36:14,237 to work on help empowering our Residents. So we‘re very excited about 2696 01:36:14,237 --> 01:36:14,806 residents. So we‘re very excited about Those things. 2697 01:36:14,806 --> 01:36:16,006 so we‘re very excited about Those things. >> where do you have the 2698 01:36:16,006 --> 01:36:16,708 those things. >> where do you have the Farmer‘s market? 2699 01:36:16,708 --> 01:36:19,676 >> where do you have the Farmer‘s market? >> it‘s at maynard town, maynard 2700 01:36:19,676 --> 01:36:22,112 farmer‘s market? >> it‘s at maynard town, maynard Town two, our apartments in the 2701 01:36:22,112 --> 01:36:23,013 >> it‘s at maynard town, maynard Town two, our apartments in the City of maynard. 2702 01:36:23,013 --> 01:36:23,980 town two, our apartments in the City of maynard. We have it. 2703 01:36:23,980 --> 01:36:26,284 city of maynard. We have it. The next one is coming up. 2704 01:36:26,284 --> 01:36:26,651 we have it. The next one is coming up. Next week. 2705 01:36:26,651 --> 01:36:28,952 the next one is coming up. Next week. Next tuesday, be there or be 2706 01:36:28,952 --> 01:36:31,222 next week. Next tuesday, be there or be Square next tuesday from 1130 to 2707 01:36:31,222 --> 01:36:31,422 next tuesday, be there or be Square next tuesday from 1130 to 1230. 2708 01:36:31,422 --> 01:36:31,823 square next tuesday from 1130 to 1230. >> okay? 2709 01:36:31,823 --> 01:36:33,523 1230. >> okay? >> yes. 2710 01:36:33,523 --> 01:36:35,892 >> okay? >> yes. So on that note, we actually are 2711 01:36:35,892 --> 01:36:38,029 >> yes. So on that note, we actually are Going to be participating in a. 2712 01:36:38,029 --> 01:36:42,333 so on that note, we actually are Going to be participating in a. And with the food bank to do a 2713 01:36:42,333 --> 01:36:45,036 going to be participating in a. And with the food bank to do a Hot meal deliveries for our 2714 01:36:45,036 --> 01:36:46,671 and with the food bank to do a Hot meal deliveries for our Seniors, up to 50 seniors. 2715 01:36:46,671 --> 01:36:48,272 hot meal deliveries for our Seniors, up to 50 seniors. We‘re also going to be expanding 2716 01:36:48,272 --> 01:36:51,175 seniors, up to 50 seniors. We‘re also going to be expanding And doing a summer lunch program 2717 01:36:51,175 --> 01:36:52,610 we‘re also going to be expanding And doing a summer lunch program As well at one of the sites. 2718 01:36:52,610 --> 01:36:53,977 and doing a summer lunch program As well at one of the sites. So again, our partnership with 2719 01:36:53,977 --> 01:36:55,546 as well at one of the sites. So again, our partnership with The food bank, we can‘t say 2720 01:36:55,546 --> 01:36:57,448 so again, our partnership with The food bank, we can‘t say Enough about how happy we are 2721 01:36:57,448 --> 01:36:58,915 the food bank, we can‘t say Enough about how happy we are About being able to partner with 2722 01:36:58,915 --> 01:37:02,219 enough about how happy we are About being able to partner with Them on such initiatives. 2723 01:37:02,219 --> 01:37:07,125 about being able to partner with Them on such initiatives. So again, the more about the 2724 01:37:07,125 --> 01:37:08,192 them on such initiatives. So again, the more about the Foundation, just doing great 2725 01:37:08,192 --> 01:37:11,963 so again, the more about the Foundation, just doing great Work and really happy about 2726 01:37:11,963 --> 01:37:12,162 foundation, just doing great Work and really happy about That. 2727 01:37:12,162 --> 01:37:16,067 work and really happy about That. So we completed our third 2728 01:37:16,067 --> 01:37:17,902 that. So we completed our third Strategic plan last fall. 2729 01:37:17,902 --> 01:37:20,537 so we completed our third Strategic plan last fall. We approved that in december. 2730 01:37:20,537 --> 01:37:22,706 strategic plan last fall. We approved that in december. And so we‘re in the throes of 2731 01:37:22,706 --> 01:37:25,041 we approved that in december. And so we‘re in the throes of Our our five year plan. 2732 01:37:25,041 --> 01:37:27,712 and so we‘re in the throes of Our our five year plan. That speaks to some of what I 2733 01:37:27,712 --> 01:37:29,513 our our five year plan. That speaks to some of what I Talked about as it relates to 2734 01:37:29,513 --> 01:37:31,047 that speaks to some of what I Talked about as it relates to Resident initiatives, finance, 2735 01:37:31,047 --> 01:37:33,418 talked about as it relates to Resident initiatives, finance, Real estate development, hr and 2736 01:37:33,418 --> 01:37:34,519 resident initiatives, finance, Real estate development, hr and Organizational development and 2737 01:37:34,519 --> 01:37:34,786 real estate development, hr and Organizational development and The like. 2738 01:37:34,786 --> 01:37:36,720 organizational development and The like. And so we are putting those 2739 01:37:36,720 --> 01:37:38,088 the like. And so we are putting those Things in place with the help 2740 01:37:38,088 --> 01:37:39,956 and so we are putting those Things in place with the help And leadership of the board and 2741 01:37:39,956 --> 01:37:40,791 things in place with the help And leadership of the board and Our partners. 2742 01:37:40,791 --> 01:37:42,726 and leadership of the board and Our partners. So we‘re very happy about 2743 01:37:42,726 --> 01:37:44,762 our partners. So we‘re very happy about Continuing to look forward as we 2744 01:37:44,762 --> 01:37:47,365 so we‘re very happy about Continuing to look forward as we Talk about having a roadmap for 2745 01:37:47,365 --> 01:37:49,966 continuing to look forward as we Talk about having a roadmap for The future. 2746 01:37:49,966 --> 01:37:54,604 talk about having a roadmap for The future. So again, our partnership, 2747 01:37:54,604 --> 01:37:55,840 the future. So again, our partnership, Workforce housing, I shared 2748 01:37:55,840 --> 01:37:56,973 so again, our partnership, Workforce housing, I shared About one of our projects. 2749 01:37:56,973 --> 01:37:59,476 workforce housing, I shared About one of our projects. We are continuing to partner 2750 01:37:59,476 --> 01:38:00,111 about one of our projects. We are continuing to partner Again in those. 2751 01:38:00,111 --> 01:38:03,581 we are continuing to partner Again in those. And that‘s what makes us able to 2752 01:38:03,581 --> 01:38:05,850 again in those. And that‘s what makes us able to Continue to advance our mission. 2753 01:38:05,850 --> 01:38:07,151 and that‘s what makes us able to Continue to advance our mission. Despite all the challenges that 2754 01:38:07,151 --> 01:38:09,320 continue to advance our mission. Despite all the challenges that We, we, we face with all the 2755 01:38:09,320 --> 01:38:10,421 despite all the challenges that We, we, we face with all the Uncertainty, we‘re still moving 2756 01:38:10,421 --> 01:38:10,655 we, we, we face with all the Uncertainty, we‘re still moving Forward. 2757 01:38:10,655 --> 01:38:12,956 uncertainty, we‘re still moving Forward. So. 2758 01:38:12,956 --> 01:38:15,392 forward. So. Podcast, you heard a little bit 2759 01:38:15,392 --> 01:38:15,926 so. Podcast, you heard a little bit About it. 2760 01:38:15,926 --> 01:38:18,094 podcast, you heard a little bit About it. Tune in to the youtube channel 2761 01:38:18,094 --> 01:38:19,564 about it. Tune in to the youtube channel To hear more about some of the 2762 01:38:19,564 --> 01:38:21,331 tune in to the youtube channel To hear more about some of the Things that we‘re doing, but we 2763 01:38:21,331 --> 01:38:24,635 to hear more about some of the Things that we‘re doing, but we Want affordable housing for 2764 01:38:24,635 --> 01:38:25,770 things that we‘re doing, but we Want affordable housing for Vulnerable populations to be 2765 01:38:25,770 --> 01:38:26,671 want affordable housing for Vulnerable populations to be Front and center. 2766 01:38:26,671 --> 01:38:28,172 vulnerable populations to be Front and center. And part of conversations that 2767 01:38:28,172 --> 01:38:30,040 front and center. And part of conversations that People are having, because it‘s 2768 01:38:30,040 --> 01:38:32,142 and part of conversations that People are having, because it‘s Important to understand why that 2769 01:38:32,142 --> 01:38:33,176 people are having, because it‘s Important to understand why that Needs to be talked about, 2770 01:38:33,176 --> 01:38:34,311 important to understand why that Needs to be talked about, Because it‘s a community 2771 01:38:34,311 --> 01:38:34,544 needs to be talked about, Because it‘s a community Problem. 2772 01:38:34,544 --> 01:38:36,414 because it‘s a community Problem. So we‘ve continued to put the 2773 01:38:36,414 --> 01:38:38,148 problem. So we‘ve continued to put the Word out about such things, 2774 01:38:38,148 --> 01:38:40,918 so we‘ve continued to put the Word out about such things, Leveraging social media, youtube 2775 01:38:40,918 --> 01:38:42,186 word out about such things, Leveraging social media, youtube And the like to be able to talk 2776 01:38:42,186 --> 01:38:42,919 leveraging social media, youtube And the like to be able to talk About such things. 2777 01:38:42,919 --> 01:38:43,487 and the like to be able to talk About such things. So. 2778 01:38:43,487 --> 01:38:47,492 about such things. So. Just some of the, some of the, 2779 01:38:47,492 --> 01:38:49,327 so. Just some of the, some of the, Some of the podcasts that we‘ve 2780 01:38:49,327 --> 01:38:51,762 just some of the, some of the, Some of the podcasts that we‘ve Done to date, we interviewed 2781 01:38:51,762 --> 01:38:53,931 some of the podcasts that we‘ve Done to date, we interviewed Doctor lee last fall, which was 2782 01:38:53,931 --> 01:38:54,598 done to date, we interviewed Doctor lee last fall, which was A lot of fun. 2783 01:38:54,598 --> 01:38:55,733 doctor lee last fall, which was A lot of fun. Food bank and others. 2784 01:38:55,733 --> 01:38:58,169 a lot of fun. Food bank and others. So we‘re going to continue that, 2785 01:38:58,169 --> 01:38:59,303 food bank and others. So we‘re going to continue that, Continue that work of putting 2786 01:38:59,303 --> 01:38:59,970 so we‘re going to continue that, Continue that work of putting The word out. 2787 01:38:59,970 --> 01:39:06,443 continue that work of putting The word out. For those that support it. 2788 01:39:06,443 --> 01:39:07,878 the word out. For those that support it. We thank you so much. 2789 01:39:07,878 --> 01:39:11,249 for those that support it. We thank you so much. We celebrated 50 years of being 2790 01:39:11,249 --> 01:39:13,483 we thank you so much. We celebrated 50 years of being An agency in this community 2791 01:39:13,483 --> 01:39:15,352 we celebrated 50 years of being An agency in this community Dedicated to providing 2792 01:39:15,352 --> 01:39:15,786 an agency in this community Dedicated to providing Affordable housing. 2793 01:39:15,786 --> 01:39:19,056 dedicated to providing Affordable housing. We had a very fun event in 2794 01:39:19,056 --> 01:39:20,223 affordable housing. We had a very fun event in December at the norris 2795 01:39:20,223 --> 01:39:22,360 we had a very fun event in December at the norris Conference center to celebrate 2796 01:39:22,360 --> 01:39:24,061 december at the norris Conference center to celebrate Again, celebrating 50 years of 2797 01:39:24,061 --> 01:39:26,631 conference center to celebrate Again, celebrating 50 years of Us being partners in this 2798 01:39:26,631 --> 01:39:28,865 again, celebrating 50 years of Us being partners in this Community. 2799 01:39:28,865 --> 01:39:31,002 us being partners in this Community. Any questions? 2800 01:39:31,002 --> 01:39:33,203 community. Any questions? That concludes my presentation. 2801 01:39:33,203 --> 01:39:35,239 any questions? That concludes my presentation. >> questions. 2802 01:39:35,239 --> 01:39:35,605 that concludes my presentation. >> questions. I‘ve got one. 2803 01:39:35,605 --> 01:39:37,475 >> questions. I‘ve got one. One of the things that I 2804 01:39:37,475 --> 01:39:39,442 I‘ve got one. One of the things that I Visited, the foundation 2805 01:39:39,442 --> 01:39:42,046 one of the things that I Visited, the foundation Communities ribbon cutting on 2806 01:39:42,046 --> 01:39:42,313 visited, the foundation Communities ribbon cutting on Their new. 2807 01:39:42,313 --> 01:39:45,716 communities ribbon cutting on Their new. I think it was juniper creek and 2808 01:39:45,716 --> 01:39:48,219 their new. I think it was juniper creek and They had representatives from a 2809 01:39:48,219 --> 01:39:49,152 I think it was juniper creek and They had representatives from a Couple of different. 2810 01:39:49,152 --> 01:39:51,155 they had representatives from a Couple of different. I think they were like banks 2811 01:39:51,155 --> 01:39:52,155 couple of different. I think they were like banks That I don‘t know if they were 2812 01:39:52,155 --> 01:39:53,891 I think they were like banks That I don‘t know if they were Using their their red line, you 2813 01:39:53,891 --> 01:39:55,726 that I don‘t know if they were Using their their red line, you Know, reinvestment funds to help 2814 01:39:55,726 --> 01:39:57,460 using their their red line, you Know, reinvestment funds to help Put money into these kinds of 2815 01:39:57,460 --> 01:39:57,727 know, reinvestment funds to help Put money into these kinds of Projects. 2816 01:39:57,727 --> 01:40:01,098 put money into these kinds of Projects. But they they have a matching 2817 01:40:01,098 --> 01:40:03,968 projects. But they they have a matching Fund that they offer to 2818 01:40:03,968 --> 01:40:06,736 but they they have a matching Fund that they offer to Residents to save money for a 2819 01:40:06,736 --> 01:40:09,674 fund that they offer to Residents to save money for a Down payment, to purchase a 2820 01:40:09,674 --> 01:40:11,642 residents to save money for a Down payment, to purchase a Home, and to the representatives 2821 01:40:11,642 --> 01:40:13,344 down payment, to purchase a Home, and to the representatives From two different banks said 2822 01:40:13,344 --> 01:40:17,915 home, and to the representatives From two different banks said They can also match those funds, 2823 01:40:17,915 --> 01:40:20,885 from two different banks said They can also match those funds, And they can be cumulative. 2824 01:40:20,885 --> 01:40:22,919 they can also match those funds, And they can be cumulative. So it can actually turn into 2825 01:40:22,919 --> 01:40:26,424 and they can be cumulative. So it can actually turn into Quite a substantial amount of 2826 01:40:26,424 --> 01:40:28,526 so it can actually turn into Quite a substantial amount of Funding for residents who may 2827 01:40:28,526 --> 01:40:30,094 quite a substantial amount of Funding for residents who may Want to save up, may be able to 2828 01:40:30,094 --> 01:40:32,429 funding for residents who may Want to save up, may be able to Save up for some potential 2829 01:40:32,429 --> 01:40:33,631 want to save up, may be able to Save up for some potential Homeownership in the future. 2830 01:40:33,631 --> 01:40:34,999 save up for some potential Homeownership in the future. I don‘t know if that‘s something 2831 01:40:34,999 --> 01:40:38,135 homeownership in the future. I don‘t know if that‘s something That‘s possible for the 2832 01:40:38,135 --> 01:40:38,402 I don‘t know if that‘s something That‘s possible for the Residents. 2833 01:40:38,402 --> 01:40:40,705 that‘s possible for the Residents. I know that these are very, very 2834 01:40:40,705 --> 01:40:43,807 residents. I know that these are very, very Low income housing residents. 2835 01:40:43,807 --> 01:40:46,043 I know that these are very, very Low income housing residents. So it may not it may not be 2836 01:40:46,043 --> 01:40:46,310 low income housing residents. So it may not it may not be Feasible. 2837 01:40:46,310 --> 01:40:47,411 so it may not it may not be Feasible. But is that something that you 2838 01:40:47,411 --> 01:40:48,145 feasible. But is that something that you All have looked at? 2839 01:40:48,145 --> 01:40:49,647 but is that something that you All have looked at? It just seemed like a great 2840 01:40:49,647 --> 01:40:50,013 all have looked at? It just seemed like a great Program to me. 2841 01:40:50,013 --> 01:40:52,716 it just seemed like a great Program to me. And one where private banks were 2842 01:40:52,716 --> 01:40:55,253 program to me. And one where private banks were Literally volunteering to help 2843 01:40:55,253 --> 01:40:56,854 and one where private banks were Literally volunteering to help Contribute to match those funds. 2844 01:40:56,854 --> 01:40:57,487 literally volunteering to help Contribute to match those funds. >> well. 2845 01:40:57,487 --> 01:40:59,090 contribute to match those funds. >> well. >> I think this historically, I 2846 01:40:59,090 --> 01:41:00,958 >> well. >> I think this historically, I Mean, the, the, with the 2847 01:41:00,958 --> 01:41:02,226 >> I think this historically, I Mean, the, the, with the Community reinvestment act funds 2848 01:41:02,226 --> 01:41:03,794 mean, the, the, with the Community reinvestment act funds Being banks have been critically 2849 01:41:03,794 --> 01:41:05,696 community reinvestment act funds Being banks have been critically Important with down payment 2850 01:41:05,696 --> 01:41:05,996 being banks have been critically Important with down payment Assistance. 2851 01:41:05,996 --> 01:41:06,931 important with down payment Assistance. I know there‘s a presentation a 2852 01:41:06,931 --> 01:41:08,665 assistance. I know there‘s a presentation a Little later about down payment 2853 01:41:08,665 --> 01:41:10,401 I know there‘s a presentation a Little later about down payment Assistance program, but we 2854 01:41:10,401 --> 01:41:11,635 little later about down payment Assistance program, but we Certainly believe that we‘re 2855 01:41:11,635 --> 01:41:13,337 assistance program, but we Certainly believe that we‘re Going to try to leverage as much 2856 01:41:13,337 --> 01:41:16,874 certainly believe that we‘re Going to try to leverage as much As we can related to how we can 2857 01:41:16,874 --> 01:41:19,409 going to try to leverage as much As we can related to how we can Ensure a greater likelihood of 2858 01:41:19,409 --> 01:41:21,145 as we can related to how we can Ensure a greater likelihood of Folks becoming homeowners, to 2859 01:41:21,145 --> 01:41:22,412 ensure a greater likelihood of Folks becoming homeowners, to Include some of what you‘re 2860 01:41:22,412 --> 01:41:22,746 folks becoming homeowners, to Include some of what you‘re Talking about. 2861 01:41:22,746 --> 01:41:24,648 include some of what you‘re Talking about. So I‘m I‘m sure that that is 2862 01:41:24,648 --> 01:41:26,216 talking about. So I‘m I‘m sure that that is Part of some of what we‘ve been 2863 01:41:26,216 --> 01:41:26,550 so I‘m I‘m sure that that is Part of some of what we‘ve been Looking into. 2864 01:41:26,550 --> 01:41:29,419 part of some of what we‘ve been Looking into. We have south state bank that 2865 01:41:29,419 --> 01:41:31,121 looking into. We have south state bank that Has helped us with one of our 2866 01:41:31,121 --> 01:41:34,425 we have south state bank that Has helped us with one of our Programs, has expressed interest 2867 01:41:34,425 --> 01:41:36,060 has helped us with one of our Programs, has expressed interest In doing more as it relates to 2868 01:41:36,060 --> 01:41:36,260 programs, has expressed interest In doing more as it relates to That. 2869 01:41:36,260 --> 01:41:38,595 in doing more as it relates to That. So we certainly will continue to 2870 01:41:38,595 --> 01:41:40,463 that. So we certainly will continue to Pursue those kinds of 2871 01:41:40,463 --> 01:41:40,797 so we certainly will continue to Pursue those kinds of Partnerships. 2872 01:41:40,797 --> 01:41:41,631 pursue those kinds of Partnerships. As you mentioned. 2873 01:41:41,631 --> 01:41:42,833 partnerships. As you mentioned. >> okay, great. 2874 01:41:42,833 --> 01:41:43,300 as you mentioned. >> okay, great. >> thank you. 2875 01:41:43,300 --> 01:41:45,135 >> okay, great. >> thank you. >> commissioner. 2876 01:41:45,135 --> 01:41:46,236 >> thank you. >> commissioner. >> do I know any of the other. 2877 01:41:46,236 --> 01:41:48,272 >> commissioner. >> do I know any of the other. What‘s. 2878 01:41:48,272 --> 01:41:49,639 >> do I know any of the other. What‘s. I got business cards and I‘ve 2879 01:41:49,639 --> 01:41:52,476 what‘s. I got business cards and I‘ve Forgotten their names, but. 2880 01:41:52,476 --> 01:41:55,479 I got business cards and I‘ve Forgotten their names, but. Foundation communities partners 2881 01:41:55,479 --> 01:41:55,845 forgotten their names, but. Foundation communities partners With them. 2882 01:41:55,845 --> 01:41:57,081 foundation communities partners With them. So I think that there should be 2883 01:41:57,081 --> 01:41:58,482 with them. So I think that there should be Either a public record of it or. 2884 01:41:58,482 --> 01:42:00,017 so I think that there should be Either a public record of it or. Probably walter monroe would be 2885 01:42:00,017 --> 01:42:01,118 either a public record of it or. Probably walter monroe would be Happy to share that information. 2886 01:42:01,118 --> 01:42:01,885 probably walter monroe would be Happy to share that information. >> absolutely. 2887 01:42:01,885 --> 01:42:05,121 happy to share that information. >> absolutely. >> but they were they were 2888 01:42:05,121 --> 01:42:06,924 >> absolutely. >> but they were they were Contributing funds matching what 2889 01:42:06,924 --> 01:42:08,659 >> but they were they were Contributing funds matching what The residents were able to save. 2890 01:42:08,659 --> 01:42:11,128 contributing funds matching what The residents were able to save. And they had to reduce some of 2891 01:42:11,128 --> 01:42:12,530 the residents were able to save. And they had to reduce some of Their matching funds just 2892 01:42:12,530 --> 01:42:14,331 and they had to reduce some of Their matching funds just Because their own resources were 2893 01:42:14,331 --> 01:42:14,598 their matching funds just Because their own resources were Shrinking. 2894 01:42:14,598 --> 01:42:16,901 because their own resources were Shrinking. And the two different bank 2895 01:42:16,901 --> 01:42:17,567 shrinking. And the two different bank Representatives spoke up. 2896 01:42:17,567 --> 01:42:19,202 and the two different bank Representatives spoke up. When I asked this question and 2897 01:42:19,202 --> 01:42:21,472 representatives spoke up. When I asked this question and Said, we do those kinds of 2898 01:42:21,472 --> 01:42:23,908 when I asked this question and Said, we do those kinds of Matching funds and they can be 2899 01:42:23,908 --> 01:42:24,208 said, we do those kinds of Matching funds and they can be Cumulative. 2900 01:42:24,208 --> 01:42:26,544 matching funds and they can be Cumulative. It doesn‘t have to be, you know, 2901 01:42:26,544 --> 01:42:27,844 cumulative. It doesn‘t have to be, you know, A one for one replacement. 2902 01:42:27,844 --> 01:42:29,479 it doesn‘t have to be, you know, A one for one replacement. So it seemed to me there was and 2903 01:42:29,479 --> 01:42:30,848 a one for one replacement. So it seemed to me there was and That foundation communities was 2904 01:42:30,848 --> 01:42:31,215 so it seemed to me there was and That foundation communities was Very interested. 2905 01:42:31,215 --> 01:42:32,850 that foundation communities was Very interested. Because it would enable them to 2906 01:42:32,850 --> 01:42:34,284 very interested. Because it would enable them to Accumulate more matching funds 2907 01:42:34,284 --> 01:42:35,152 because it would enable them to Accumulate more matching funds For the residents. 2908 01:42:35,152 --> 01:42:36,453 accumulate more matching funds For the residents. >> no, that‘s that‘s. 2909 01:42:36,453 --> 01:42:36,987 for the residents. >> no, that‘s that‘s. >> yeah. 2910 01:42:36,987 --> 01:42:37,520 >> no, that‘s that‘s. >> yeah. >> excellent. 2911 01:42:37,520 --> 01:42:38,990 >> yeah. >> excellent. We‘ll definitely continue to 2912 01:42:38,990 --> 01:42:39,523 >> excellent. We‘ll definitely continue to Look into that. 2913 01:42:39,523 --> 01:42:41,726 we‘ll definitely continue to Look into that. I mean, and thank you for that 2914 01:42:41,726 --> 01:42:41,959 look into that. I mean, and thank you for that Insight. 2915 01:42:41,959 --> 01:42:43,327 I mean, and thank you for that Insight. And so we‘ll make sure we follow 2916 01:42:43,327 --> 01:42:43,493 insight. And so we‘ll make sure we follow Up. 2917 01:42:43,493 --> 01:42:45,162 and so we‘ll make sure we follow Up. But we definitely are interested 2918 01:42:45,162 --> 01:42:46,429 up. But we definitely are interested In homeownership. 2919 01:42:46,429 --> 01:42:48,331 but we definitely are interested In homeownership. And that‘s kind of one of the 2920 01:42:48,331 --> 01:42:52,003 in homeownership. And that‘s kind of one of the Main focuses of our fss program. 2921 01:42:52,003 --> 01:42:53,804 and that‘s kind of one of the Main focuses of our fss program. And again, we‘re happy to be 2922 01:42:53,804 --> 01:42:55,840 main focuses of our fss program. And again, we‘re happy to be Partners with travis county and, 2923 01:42:55,840 --> 01:42:56,773 and again, we‘re happy to be Partners with travis county and, And their down payment 2924 01:42:56,773 --> 01:42:57,540 partners with travis county and, And their down payment Assistance program as well. 2925 01:42:57,540 --> 01:43:00,678 and their down payment Assistance program as well. So certainly, certainly part of 2926 01:43:00,678 --> 01:43:02,112 assistance program as well. So certainly, certainly part of Part of the priority for us in 2927 01:43:02,112 --> 01:43:04,547 so certainly, certainly part of Part of the priority for us in Terms of seeing empowering the 2928 01:43:04,547 --> 01:43:04,814 part of the priority for us in Terms of seeing empowering the Residents. 2929 01:43:04,814 --> 01:43:05,049 terms of seeing empowering the Residents. >> yes. 2930 01:43:05,049 --> 01:43:05,316 residents. >> yes. Excellent. 2931 01:43:05,316 --> 01:43:05,783 >> yes. Excellent. Thank you. 2932 01:43:05,783 --> 01:43:07,017 excellent. Thank you. >> commissioners. 2933 01:43:07,017 --> 01:43:09,152 thank you. >> commissioners. >> I just want to to thank the 2934 01:43:09,152 --> 01:43:13,523 >> commissioners. >> I just want to to thank the Team for putting putting maps 2935 01:43:13,523 --> 01:43:14,858 >> I just want to to thank the Team for putting putting maps Together that kind of tell us 2936 01:43:14,858 --> 01:43:17,662 team for putting putting maps Together that kind of tell us Where everything is very 2937 01:43:17,662 --> 01:43:20,297 together that kind of tell us Where everything is very Interested also in making sure 2938 01:43:20,297 --> 01:43:23,367 where everything is very Interested also in making sure That we know how to tell the 2939 01:43:23,367 --> 01:43:26,537 interested also in making sure That we know how to tell the Public to find us, how they can 2940 01:43:26,537 --> 01:43:28,338 that we know how to tell the Public to find us, how they can Fill out applications, how they 2941 01:43:28,338 --> 01:43:30,608 public to find us, how they can Fill out applications, how they Might look and see what‘s 2942 01:43:30,608 --> 01:43:31,976 fill out applications, how they Might look and see what‘s Available, or understand by 2943 01:43:31,976 --> 01:43:33,476 might look and see what‘s Available, or understand by Looking on a map, what‘s 2944 01:43:33,476 --> 01:43:37,247 available, or understand by Looking on a map, what‘s Available in an area I, I like 2945 01:43:37,247 --> 01:43:38,915 looking on a map, what‘s Available in an area I, I like The information that‘s been 2946 01:43:38,915 --> 01:43:39,115 available in an area I, I like The information that‘s been Given. 2947 01:43:39,115 --> 01:43:41,551 the information that‘s been Given. I always like to see the 2948 01:43:41,551 --> 01:43:44,020 given. I always like to see the Inventory and, and what is 2949 01:43:44,020 --> 01:43:45,155 I always like to see the Inventory and, and what is Compliant and what we have to 2950 01:43:45,155 --> 01:43:45,588 inventory and, and what is Compliant and what we have to Work at. 2951 01:43:45,588 --> 01:43:47,757 compliant and what we have to Work at. So I appreciate all the work 2952 01:43:47,757 --> 01:43:48,793 work at. So I appreciate all the work That you all have done. 2953 01:43:48,793 --> 01:43:50,260 so I appreciate all the work That you all have done. Very responsive. 2954 01:43:50,260 --> 01:43:52,662 that you all have done. Very responsive. The relationship with the food 2955 01:43:52,662 --> 01:43:53,431 very responsive. The relationship with the food Bank and whatnot. 2956 01:43:53,431 --> 01:43:55,665 the relationship with the food Bank and whatnot. Those thing are critical. 2957 01:43:55,665 --> 01:43:57,668 bank and whatnot. Those thing are critical. So just want to make sure that 2958 01:43:57,668 --> 01:43:59,870 those thing are critical. So just want to make sure that We are listening and providing 2959 01:43:59,870 --> 01:44:00,938 so just want to make sure that We are listening and providing The support that you need. 2960 01:44:00,938 --> 01:44:02,506 we are listening and providing The support that you need. >> thank you. 2961 01:44:02,506 --> 01:44:04,240 the support that you need. >> thank you. >> I wondered if any of the new 2962 01:44:04,240 --> 01:44:06,243 >> thank you. >> I wondered if any of the new Board members wanted to comment. 2963 01:44:06,243 --> 01:44:07,311 >> I wondered if any of the new Board members wanted to comment. >> yeah. 2964 01:44:07,311 --> 01:44:08,679 board members wanted to comment. >> yeah. >> are you. 2965 01:44:08,679 --> 01:44:08,946 >> yeah. >> are you. [laughter] 2966 01:44:08,946 --> 01:44:09,446 >> are you. [laughter] Glad you signed. 2967 01:44:09,446 --> 01:44:11,081 [laughter] Glad you signed. >> up? 2968 01:44:11,081 --> 01:44:13,718 glad you signed. >> up? I am, I‘m looking forward to 2969 01:44:13,718 --> 01:44:14,685 >> up? I am, I‘m looking forward to Working with patrick and the 2970 01:44:14,685 --> 01:44:14,885 I am, I‘m looking forward to Working with patrick and the Team. 2971 01:44:14,885 --> 01:44:17,220 working with patrick and the Team. >> looks like it‘s a great team 2972 01:44:17,220 --> 01:44:19,023 team. >> looks like it‘s a great team And learning learning a lot. 2973 01:44:19,023 --> 01:44:20,091 >> looks like it‘s a great team And learning learning a lot. >> great. 2974 01:44:20,091 --> 01:44:21,225 and learning learning a lot. >> great. >> yes, absolutely. 2975 01:44:21,225 --> 01:44:24,395 >> great. >> yes, absolutely. I will second that and also say 2976 01:44:24,395 --> 01:44:26,997 >> yes, absolutely. I will second that and also say I have been just thoroughly 2977 01:44:26,997 --> 01:44:29,800 I will second that and also say I have been just thoroughly Impressed in with the number of 2978 01:44:29,800 --> 01:44:31,368 I have been just thoroughly Impressed in with the number of Programs and the amount of 2979 01:44:31,368 --> 01:44:33,236 impressed in with the number of Programs and the amount of Success that hattie has had. 2980 01:44:33,236 --> 01:44:36,506 programs and the amount of Success that hattie has had. And I‘m very proud to be on the 2981 01:44:36,506 --> 01:44:36,706 success that hattie has had. And I‘m very proud to be on the Board. 2982 01:44:36,706 --> 01:44:37,608 and I‘m very proud to be on the Board. Very proud. 2983 01:44:37,608 --> 01:44:37,875 board. Very proud. >> great. 2984 01:44:37,875 --> 01:44:39,276 very proud. >> great. >> we were hoping no one was. 2985 01:44:39,276 --> 01:44:39,543 >> great. >> we were hoping no one was. [laughter] 2986 01:44:39,543 --> 01:44:39,877 >> we were hoping no one was. [laughter] Going to say. 2987 01:44:39,877 --> 01:44:41,311 [laughter] Going to say. >> they regretted it. 2988 01:44:41,311 --> 01:44:44,314 going to say. >> they regretted it. >> also, one other thing you 2989 01:44:44,314 --> 01:44:47,151 >> they regretted it. >> also, one other thing you Kind of made me think of is the 2990 01:44:47,151 --> 01:44:49,085 >> also, one other thing you Kind of made me think of is the Things that we do for students. 2991 01:44:49,085 --> 01:44:51,455 kind of made me think of is the Things that we do for students. The things after school type 2992 01:44:51,455 --> 01:44:51,722 things that we do for students. The things after school type Programs. 2993 01:44:51,722 --> 01:44:55,125 the things after school type Programs. Summer learning opportunities, 2994 01:44:55,125 --> 01:44:56,794 programs. Summer learning opportunities, Want to make sure that you‘re 2995 01:44:56,794 --> 01:44:57,895 summer learning opportunities, Want to make sure that you‘re Communicating with our health 2996 01:44:57,895 --> 01:44:59,797 want to make sure that you‘re Communicating with our health And human services department, 2997 01:44:59,797 --> 01:45:01,732 communicating with our health And human services department, Which is administering programs 2998 01:45:01,732 --> 01:45:04,300 and human services department, Which is administering programs To make sure that we are 2999 01:45:04,300 --> 01:45:06,202 which is administering programs To make sure that we are Crafting things that help our 3000 01:45:06,202 --> 01:45:09,206 to make sure that we are Crafting things that help our Students and give them access to 3001 01:45:09,206 --> 01:45:10,341 crafting things that help our Students and give them access to Resources as they grow, and 3002 01:45:10,341 --> 01:45:12,510 students and give them access to Resources as they grow, and Hopefully more as, as, as they 3003 01:45:12,510 --> 01:45:15,111 resources as they grow, and Hopefully more as, as, as they Move towards work or college. 3004 01:45:15,111 --> 01:45:16,147 hopefully more as, as, as they Move towards work or college. >> absolutely. 3005 01:45:16,147 --> 01:45:16,379 move towards work or college. >> absolutely. >> and. 3006 01:45:16,379 --> 01:45:17,747 >> absolutely. >> and. >> and same with accessing the 3007 01:45:17,747 --> 01:45:19,716 >> and. >> and same with accessing the Raising travis county program. 3008 01:45:19,716 --> 01:45:22,486 >> and same with accessing the Raising travis county program. I‘m assuming you‘re connecting 3009 01:45:22,486 --> 01:45:23,587 raising travis county program. I‘m assuming you‘re connecting Residents to that and making 3010 01:45:23,587 --> 01:45:24,922 I‘m assuming you‘re connecting Residents to that and making That information available, 3011 01:45:24,922 --> 01:45:25,456 residents to that and making That information available, Whether they have young 3012 01:45:25,456 --> 01:45:25,723 that information available, Whether they have young Children. 3013 01:45:25,723 --> 01:45:26,189 whether they have young Children. >> thank you. 3014 01:45:26,189 --> 01:45:28,625 children. >> thank you. >> and I just want to say 3015 01:45:28,625 --> 01:45:30,226 >> thank you. >> and I just want to say Congratulations on your 50 years 3016 01:45:30,226 --> 01:45:31,094 >> and I just want to say Congratulations on your 50 years Of operation. 3017 01:45:31,094 --> 01:45:31,594 congratulations on your 50 years Of operation. Thank you. 3018 01:45:31,594 --> 01:45:34,131 of operation. Thank you. And and I think that the mission 3019 01:45:34,131 --> 01:45:36,733 thank you. And and I think that the mission Of that agency has been met. 3020 01:45:36,733 --> 01:45:38,868 and and I think that the mission Of that agency has been met. That was the original mission. 3021 01:45:38,868 --> 01:45:41,237 of that agency has been met. That was the original mission. And, and I‘m so always so glad 3022 01:45:41,237 --> 01:45:43,040 that was the original mission. And, and I‘m so always so glad To see people stick to the 3023 01:45:43,040 --> 01:45:44,375 and, and I‘m so always so glad To see people stick to the Mission, you know, because that 3024 01:45:44,375 --> 01:45:46,844 to see people stick to the Mission, you know, because that Just makes it so much easier to, 3025 01:45:46,844 --> 01:45:49,080 mission, you know, because that Just makes it so much easier to, To, to work off of a base that 3026 01:45:49,080 --> 01:45:49,547 just makes it so much easier to, To, to work off of a base that You have. 3027 01:45:49,547 --> 01:45:52,348 to, to work off of a base that You have. And, and obviously this is 3028 01:45:52,348 --> 01:45:54,118 you have. And, and obviously this is Working for the families who 3029 01:45:54,118 --> 01:45:56,821 and, and obviously this is Working for the families who Really needed this, this, this 3030 01:45:56,821 --> 01:45:59,422 working for the families who Really needed this, this, this Service starting 50 years ago. 3031 01:45:59,422 --> 01:46:03,928 really needed this, this, this Service starting 50 years ago. And thank you for the, the, the 3032 01:46:03,928 --> 01:46:06,263 service starting 50 years ago. And thank you for the, the, the Coin for it as a remembrance. 3033 01:46:06,263 --> 01:46:08,031 and thank you for the, the, the Coin for it as a remembrance. Thanks so much for all that 3034 01:46:08,031 --> 01:46:08,398 coin for it as a remembrance. Thanks so much for all that You‘re doing. 3035 01:46:08,398 --> 01:46:10,101 thanks so much for all that You‘re doing. You‘re welcome for these 3036 01:46:10,101 --> 01:46:10,367 you‘re doing. You‘re welcome for these Families. 3037 01:46:10,367 --> 01:46:11,334 you‘re welcome for these Families. Thank you, thank you. 3038 01:46:11,334 --> 01:46:12,002 families. Thank you, thank you. >> congrats. 3039 01:46:12,002 --> 01:46:14,371 thank you, thank you. >> congrats. >> commissioner travillion. 3040 01:46:14,371 --> 01:46:15,773 >> congrats. >> commissioner travillion. We are also. 3041 01:46:15,773 --> 01:46:18,575 >> commissioner travillion. We are also. >> has a scholarship and we‘ve 3042 01:46:18,575 --> 01:46:20,745 we are also. >> has a scholarship and we‘ve The foundation and community 3043 01:46:20,745 --> 01:46:22,713 >> has a scholarship and we‘ve The foundation and community Outreach person is looking out 3044 01:46:22,713 --> 01:46:24,982 the foundation and community Outreach person is looking out Throughout the community to see 3045 01:46:24,982 --> 01:46:26,449 outreach person is looking out Throughout the community to see If we can identify. 3046 01:46:26,449 --> 01:46:30,020 throughout the community to see If we can identify. Students to get that scholarship 3047 01:46:30,020 --> 01:46:30,387 if we can identify. Students to get that scholarship With them. 3048 01:46:30,387 --> 01:46:33,456 students to get that scholarship With them. We‘re working towards hopefully 3049 01:46:33,456 --> 01:46:35,526 with them. We‘re working towards hopefully Having a representative from the 3050 01:46:35,526 --> 01:46:36,993 we‘re working towards hopefully Having a representative from the Travis county and from this 3051 01:46:36,993 --> 01:46:37,193 having a representative from the Travis county and from this Area. 3052 01:46:37,193 --> 01:46:38,996 travis county and from this Area. >> thanks so much. 3053 01:46:38,996 --> 01:46:40,297 area. >> thanks so much. >> it‘s important, I think, that 3054 01:46:40,297 --> 01:46:41,999 >> thanks so much. >> it‘s important, I think, that We work over time, and we‘ve 3055 01:46:41,999 --> 01:46:43,767 >> it‘s important, I think, that We work over time, and we‘ve Been looking at groups like 3056 01:46:43,767 --> 01:46:45,902 we work over time, and we‘ve Been looking at groups like Communities and schools that 3057 01:46:45,902 --> 01:46:48,338 been looking at groups like Communities and schools that When they work on a campus, they 3058 01:46:48,338 --> 01:46:50,841 communities and schools that When they work on a campus, they Identify the resources and and 3059 01:46:50,841 --> 01:46:53,176 when they work on a campus, they Identify the resources and and Kind of act as a family resource 3060 01:46:53,176 --> 01:46:53,409 identify the resources and and Kind of act as a family resource Center. 3061 01:46:53,409 --> 01:46:56,179 kind of act as a family resource Center. So to make sure that we know the 3062 01:46:56,179 --> 01:46:57,581 center. So to make sure that we know the Resources that are on the 3063 01:46:57,581 --> 01:46:59,682 so to make sure that we know the Resources that are on the Ground, how close they are to 3064 01:46:59,682 --> 01:47:01,584 resources that are on the Ground, how close they are to The facilities that you have in 3065 01:47:01,584 --> 01:47:05,189 ground, how close they are to The facilities that you have in Place, how we develop systems 3066 01:47:05,189 --> 01:47:06,824 the facilities that you have in Place, how we develop systems Rather than transactions, how do 3067 01:47:06,824 --> 01:47:09,392 place, how we develop systems Rather than transactions, how do We make sure that we know that 3068 01:47:09,392 --> 01:47:11,594 rather than transactions, how do We make sure that we know that That each and every family 3069 01:47:11,594 --> 01:47:12,496 we make sure that we know that That each and every family Understands what‘s in every 3070 01:47:12,496 --> 01:47:14,365 that each and every family Understands what‘s in every Campus and can take advantage of 3071 01:47:14,365 --> 01:47:14,564 understands what‘s in every Campus and can take advantage of Those? 3072 01:47:14,564 --> 01:47:17,267 campus and can take advantage of Those? >> we go to the conferences all 3073 01:47:17,267 --> 01:47:19,068 those? >> we go to the conferences all Over and they you see people 3074 01:47:19,068 --> 01:47:20,905 >> we go to the conferences all Over and they you see people From other cities and states 3075 01:47:20,905 --> 01:47:23,641 over and they you see people From other cities and states Getting these scholarships and 3076 01:47:23,641 --> 01:47:25,409 from other cities and states Getting these scholarships and Awards and said, we got to do 3077 01:47:25,409 --> 01:47:26,811 getting these scholarships and Awards and said, we got to do Something here in travis county. 3078 01:47:26,811 --> 01:47:29,078 awards and said, we got to do Something here in travis county. So that‘s what that‘s what we‘re 3079 01:47:29,078 --> 01:47:29,713 something here in travis county. So that‘s what that‘s what we‘re Looking forward to. 3080 01:47:29,713 --> 01:47:31,648 so that‘s what that‘s what we‘re Looking forward to. >> so we‘re putting together 3081 01:47:31,648 --> 01:47:32,348 looking forward to. >> so we‘re putting together Apparatus in the office. 3082 01:47:32,348 --> 01:47:34,050 >> so we‘re putting together Apparatus in the office. So we work directly with you. 3083 01:47:34,050 --> 01:47:34,450 apparatus in the office. So we work directly with you. >> great. 3084 01:47:34,450 --> 01:47:35,286 so we work directly with you. >> great. Thank you. 3085 01:47:35,286 --> 01:47:36,654 >> great. Thank you. >> thank you so much. 3086 01:47:36,654 --> 01:47:37,354 thank you. >> thank you so much. >> thank you. 3087 01:47:37,354 --> 01:47:38,088 >> thank you so much. >> thank you. And congrats on. 3088 01:47:38,088 --> 01:47:39,056 >> thank you. And congrats on. 50 years. 3089 01:47:39,056 --> 01:47:41,524 and congrats on. 50 years. >> thank you. 3090 01:47:41,524 --> 01:47:45,328 50 years. >> thank you. >> the next item is the 3091 01:47:45,328 --> 01:47:47,230 >> thank you. >> the next item is the Strategic housing finance 3092 01:47:47,230 --> 01:47:48,898 >> the next item is the Strategic housing finance Corporation. 3093 01:47:48,898 --> 01:47:57,441 strategic housing finance Corporation. Receive the spring 2026 update 3094 01:47:57,441 --> 01:47:59,877 corporation. Receive the spring 2026 update From the strategic housing 3095 01:47:59,877 --> 01:48:01,679 receive the spring 2026 update From the strategic housing Finance corporation of travis 3096 01:48:01,679 --> 01:48:03,713 from the strategic housing Finance corporation of travis County. 3097 01:48:03,713 --> 01:48:12,689 finance corporation of travis County. Oh, thank you. 3098 01:48:12,689 --> 01:48:15,892 county. Oh, thank you. >> thank you. 3099 01:48:15,892 --> 01:48:17,962 oh, thank you. >> thank you. >> thank you. 3100 01:48:17,962 --> 01:48:22,867 >> thank you. >> thank you. >> thank you very much. 3101 01:48:22,867 --> 01:48:39,016 >> thank you. >> thank you very much. >> go ahead. 3102 01:48:39,016 --> 01:48:42,219 >> thank you very much. >> go ahead. Whenever you‘re ready. 3103 01:48:42,219 --> 01:48:43,621 >> go ahead. Whenever you‘re ready. >> thank you. 3104 01:48:43,621 --> 01:48:45,489 whenever you‘re ready. >> thank you. Judge brown and commissioners 3105 01:48:45,489 --> 01:48:47,223 >> thank you. Judge brown and commissioners For the opportunity to be here 3106 01:48:47,223 --> 01:48:47,958 judge brown and commissioners For the opportunity to be here With you today. 3107 01:48:47,958 --> 01:48:50,594 for the opportunity to be here With you today. We‘re glad to be back before the 3108 01:48:50,594 --> 01:48:50,794 with you today. We‘re glad to be back before the Court. 3109 01:48:50,794 --> 01:48:54,331 we‘re glad to be back before the Court. Since our last update, strategic 3110 01:48:54,331 --> 01:48:57,034 court. Since our last update, strategic Hfc has continued to learn to 3111 01:48:57,034 --> 01:48:58,969 since our last update, strategic Hfc has continued to learn to Grow, and our hope is to really 3112 01:48:58,969 --> 01:49:01,071 hfc has continued to learn to Grow, and our hope is to really Raise the bar for what a public 3113 01:49:01,071 --> 01:49:03,574 grow, and our hope is to really Raise the bar for what a public Housing finance entity can do 3114 01:49:03,574 --> 01:49:04,708 raise the bar for what a public Housing finance entity can do For travis county. 3115 01:49:04,708 --> 01:49:06,743 housing finance entity can do For travis county. We are in the midst of 3116 01:49:06,743 --> 01:49:07,811 for travis county. We are in the midst of Challenging market conditions, 3117 01:49:07,811 --> 01:49:09,847 we are in the midst of Challenging market conditions, As you know, but we are 3118 01:49:09,847 --> 01:49:10,881 challenging market conditions, As you know, but we are Protecting the quality of our 3119 01:49:10,881 --> 01:49:12,649 as you know, but we are Protecting the quality of our Existing portfolio. 3120 01:49:12,649 --> 01:49:14,517 protecting the quality of our Existing portfolio. We‘re improving tenant 3121 01:49:14,517 --> 01:49:15,753 existing portfolio. We‘re improving tenant Protections, and we‘re laying 3122 01:49:15,753 --> 01:49:17,888 we‘re improving tenant Protections, and we‘re laying The groundwork for responsible 3123 01:49:17,888 --> 01:49:18,655 protections, and we‘re laying The groundwork for responsible Growth going forward. 3124 01:49:18,655 --> 01:49:20,156 the groundwork for responsible Growth going forward. With that, I will pass it to our 3125 01:49:20,156 --> 01:49:21,591 growth going forward. With that, I will pass it to our President, ashley huddleston. 3126 01:49:21,591 --> 01:49:23,294 with that, I will pass it to our President, ashley huddleston. >> thank you, diana, and thank 3127 01:49:23,294 --> 01:49:24,294 president, ashley huddleston. >> thank you, diana, and thank You, commissioners, for having 3128 01:49:24,294 --> 01:49:25,628 >> thank you, diana, and thank You, commissioners, for having Us back at the court. 3129 01:49:25,628 --> 01:49:26,963 you, commissioners, for having Us back at the court. Since our last briefing, this 3130 01:49:26,963 --> 01:49:28,064 us back at the court. Since our last briefing, this Court has appointed the 3131 01:49:28,064 --> 01:49:29,533 since our last briefing, this Court has appointed the Brilliant director, catherine. 3132 01:49:29,533 --> 01:49:29,800 court has appointed the Brilliant director, catherine. [laughter] 3133 01:49:29,800 --> 01:49:32,002 brilliant director, catherine. [laughter] Gross, to the board. 3134 01:49:32,002 --> 01:49:32,368 [laughter] Gross, to the board. [laughter] 3135 01:49:32,368 --> 01:49:35,573 gross, to the board. [laughter] Catherine lee, catherine leads 3136 01:49:35,573 --> 01:49:37,341 [laughter] Catherine lee, catherine leads Affordable housing work at pnc 3137 01:49:37,341 --> 01:49:38,642 catherine lee, catherine leads Affordable housing work at pnc Bank, and she has been a 3138 01:49:38,642 --> 01:49:39,343 affordable housing work at pnc Bank, and she has been a Phenomenal addition. 3139 01:49:39,343 --> 01:49:40,977 bank, and she has been a Phenomenal addition. Her institutional lending 3140 01:49:40,977 --> 01:49:41,979 phenomenal addition. Her institutional lending Experience has already 3141 01:49:41,979 --> 01:49:43,414 her institutional lending Experience has already Strengthened how we evaluate and 3142 01:49:43,414 --> 01:49:43,881 experience has already Strengthened how we evaluate and Structure our deals. 3143 01:49:43,881 --> 01:49:46,617 strengthened how we evaluate and Structure our deals. We‘re also grateful for the 3144 01:49:46,617 --> 01:49:48,419 structure our deals. We‘re also grateful for the Steady leadership of our veteran 3145 01:49:48,419 --> 01:49:50,453 we‘re also grateful for the Steady leadership of our veteran Directors keisha prince, julio 3146 01:49:50,453 --> 01:49:51,854 steady leadership of our veteran Directors keisha prince, julio Gonzalez and jan weinig, who 3147 01:49:51,854 --> 01:49:52,956 directors keisha prince, julio Gonzalez and jan weinig, who Continue to ground this board 3148 01:49:52,956 --> 01:49:54,391 gonzalez and jan weinig, who Continue to ground this board With institutional knowledge. 3149 01:49:54,391 --> 01:49:57,294 continue to ground this board With institutional knowledge. That depth of experience shows 3150 01:49:57,294 --> 01:49:58,796 with institutional knowledge. That depth of experience shows In the work our committees carry 3151 01:49:58,796 --> 01:50:00,496 that depth of experience shows In the work our committees carry Out between briefings and board 3152 01:50:00,496 --> 01:50:00,763 in the work our committees carry Out between briefings and board Meetings. 3153 01:50:00,763 --> 01:50:02,665 out between briefings and board Meetings. Every director on the board 3154 01:50:02,665 --> 01:50:03,666 meetings. Every director on the board Serves on at least one 3155 01:50:03,666 --> 01:50:03,933 every director on the board Serves on at least one Committee. 3156 01:50:03,933 --> 01:50:05,602 serves on at least one Committee. The executive committee steers 3157 01:50:05,602 --> 01:50:07,838 committee. The executive committee steers The ship real estate committee, 3158 01:50:07,838 --> 01:50:09,306 the executive committee steers The ship real estate committee, Which I chair guides development 3159 01:50:09,306 --> 01:50:10,273 the ship real estate committee, Which I chair guides development And deal terms. 3160 01:50:10,273 --> 01:50:12,209 which I chair guides development And deal terms. Finance and administration, 3161 01:50:12,209 --> 01:50:14,178 and deal terms. Finance and administration, Chaired by past president jan 3162 01:50:14,178 --> 01:50:15,645 finance and administration, Chaired by past president jan Weinig, handles the budgeting 3163 01:50:15,645 --> 01:50:17,414 chaired by past president jan Weinig, handles the budgeting And audit process and our newest 3164 01:50:17,414 --> 01:50:18,549 weinig, handles the budgeting And audit process and our newest Committee, tenant affairs, 3165 01:50:18,549 --> 01:50:20,550 and audit process and our newest Committee, tenant affairs, Chaired by director bea arce, 3166 01:50:20,550 --> 01:50:21,818 committee, tenant affairs, Chaired by director bea arce, Ensures that the tenant voice is 3167 01:50:21,818 --> 01:50:23,253 chaired by director bea arce, Ensures that the tenant voice is A part of every conversation. 3168 01:50:23,253 --> 01:50:25,522 ensures that the tenant voice is A part of every conversation. This is a board that is engaged 3169 01:50:25,522 --> 01:50:27,290 a part of every conversation. This is a board that is engaged And informed and eager to build 3170 01:50:27,290 --> 01:50:30,127 this is a board that is engaged And informed and eager to build Something that will last. 3171 01:50:30,127 --> 01:50:33,597 and informed and eager to build Something that will last. I want to spend a moment on the 3172 01:50:33,597 --> 01:50:35,199 something that will last. I want to spend a moment on the New tenant affairs committee, 3173 01:50:35,199 --> 01:50:36,500 I want to spend a moment on the New tenant affairs committee, Because it reflects how we‘re 3174 01:50:36,500 --> 01:50:38,301 new tenant affairs committee, Because it reflects how we‘re Thinking about governance going 3175 01:50:38,301 --> 01:50:38,534 because it reflects how we‘re Thinking about governance going Forward. 3176 01:50:38,534 --> 01:50:41,138 thinking about governance going Forward. We formed this committee in 3177 01:50:41,138 --> 01:50:44,074 forward. We formed this committee in December of 2025 with a clear 3178 01:50:44,074 --> 01:50:45,341 we formed this committee in December of 2025 with a clear Purpose to ensure that the 3179 01:50:45,341 --> 01:50:47,144 december of 2025 with a clear Purpose to ensure that the Resident experience is 3180 01:50:47,144 --> 01:50:48,645 purpose to ensure that the Resident experience is Considered in every level of our 3181 01:50:48,645 --> 01:50:50,513 resident experience is Considered in every level of our Decision making, from the 3182 01:50:50,513 --> 01:50:52,216 considered in every level of our Decision making, from the Policies we set, to the deals we 3183 01:50:52,216 --> 01:50:53,216 decision making, from the Policies we set, to the deals we Structure, to the way that we 3184 01:50:53,216 --> 01:50:55,852 policies we set, to the deals we Structure, to the way that we Measure ourselves, the committee 3185 01:50:55,852 --> 01:50:57,688 structure, to the way that we Measure ourselves, the committee Draws on expertise we already 3186 01:50:57,688 --> 01:50:59,790 measure ourselves, the committee Draws on expertise we already Have at the table, including our 3187 01:50:59,790 --> 01:51:01,358 draws on expertise we already Have at the table, including our Tenant represeative directors. 3188 01:51:01,358 --> 01:51:02,926 have at the table, including our Tenant represeative directors. While tenant voices have been a 3189 01:51:02,926 --> 01:51:05,029 tenant represeative directors. While tenant voices have been a Part of this board for years, 3190 01:51:05,029 --> 01:51:06,463 while tenant voices have been a Part of this board for years, Formalizing the committee makes 3191 01:51:06,463 --> 01:51:08,232 part of this board for years, Formalizing the committee makes That input continuous and 3192 01:51:08,232 --> 01:51:08,531 formalizing the committee makes That input continuous and Structural. 3193 01:51:08,531 --> 01:51:11,868 that input continuous and Structural. It is a meaningful step forward, 3194 01:51:11,868 --> 01:51:12,969 structural. It is a meaningful step forward, And it sets the tone for the 3195 01:51:12,969 --> 01:51:14,037 it is a meaningful step forward, And it sets the tone for the Rest of the work that we will 3196 01:51:14,037 --> 01:51:14,705 and it sets the tone for the Rest of the work that we will Share with you today. 3197 01:51:14,705 --> 01:51:16,573 rest of the work that we will Share with you today. And with that foundational 3198 01:51:16,573 --> 01:51:17,507 share with you today. And with that foundational Understanding in place, I‘ll 3199 01:51:17,507 --> 01:51:18,175 and with that foundational Understanding in place, I‘ll Turn it back to diana. 3200 01:51:18,175 --> 01:51:19,343 understanding in place, I‘ll Turn it back to diana. >> thank you. 3201 01:51:19,343 --> 01:51:22,078 turn it back to diana. >> thank you. So I‘d like to share a couple of 3202 01:51:22,078 --> 01:51:23,681 >> thank you. So I‘d like to share a couple of Examples of how our commitment 3203 01:51:23,681 --> 01:51:25,716 so I‘d like to share a couple of Examples of how our commitment To the tenant experience shows 3204 01:51:25,716 --> 01:51:26,850 examples of how our commitment To the tenant experience shows Up in our work. 3205 01:51:26,850 --> 01:51:29,286 to the tenant experience shows Up in our work. And so, you know, I think we 3206 01:51:29,286 --> 01:51:30,621 up in our work. And so, you know, I think we Would say that we advance our 3207 01:51:30,621 --> 01:51:32,855 and so, you know, I think we Would say that we advance our Mission not only by increasing 3208 01:51:32,855 --> 01:51:35,058 would say that we advance our Mission not only by increasing The supply and access of 3209 01:51:35,058 --> 01:51:36,760 mission not only by increasing The supply and access of Affordable housing, but also 3210 01:51:36,760 --> 01:51:39,263 the supply and access of Affordable housing, but also Really paying attention to 3211 01:51:39,263 --> 01:51:40,631 affordable housing, but also Really paying attention to Ensuring that the tenants in the 3212 01:51:40,631 --> 01:51:43,100 really paying attention to Ensuring that the tenants in the Housing we create benefit from 3213 01:51:43,100 --> 01:51:44,834 ensuring that the tenants in the Housing we create benefit from Robust tenant protections. 3214 01:51:44,834 --> 01:51:47,104 housing we create benefit from Robust tenant protections. You may be aware that last year, 3215 01:51:47,104 --> 01:51:51,040 robust tenant protections. You may be aware that last year, The ut law housing policy 3216 01:51:51,040 --> 01:51:52,442 you may be aware that last year, The ut law housing policy Clinic, engaged by basta, 3217 01:51:52,442 --> 01:51:55,012 the ut law housing policy Clinic, engaged by basta, Published a report on affordable 3218 01:51:55,012 --> 01:51:57,348 clinic, engaged by basta, Published a report on affordable Housing that‘s created through 3219 01:51:57,348 --> 01:51:59,316 published a report on affordable Housing that‘s created through Partnerships with organizations 3220 01:51:59,316 --> 01:52:01,719 housing that‘s created through Partnerships with organizations Like ourselves, our other local 3221 01:52:01,719 --> 01:52:03,320 partnerships with organizations Like ourselves, our other local Housing finance corporations, 3222 01:52:03,320 --> 01:52:04,787 like ourselves, our other local Housing finance corporations, And our housing authorities. 3223 01:52:04,787 --> 01:52:07,757 housing finance corporations, And our housing authorities. And a part of that report made 3224 01:52:07,757 --> 01:52:09,526 and our housing authorities. And a part of that report made Some recommendations around 3225 01:52:09,526 --> 01:52:11,695 and a part of that report made Some recommendations around Tenant protections and also laid 3226 01:52:11,695 --> 01:52:13,530 some recommendations around Tenant protections and also laid Out sort of a comparative 3227 01:52:13,530 --> 01:52:15,165 tenant protections and also laid Out sort of a comparative Analysis of where we were at 3228 01:52:15,165 --> 01:52:17,000 out sort of a comparative Analysis of where we were at That time. 3229 01:52:17,000 --> 01:52:19,068 analysis of where we were at That time. Using those recommendations, we 3230 01:52:19,068 --> 01:52:21,638 that time. Using those recommendations, we Were able to bring 3231 01:52:21,638 --> 01:52:23,006 using those recommendations, we Were able to bring Recommendations to our board in 3232 01:52:23,006 --> 01:52:24,875 were able to bring Recommendations to our board in November of last year, and at 3233 01:52:24,875 --> 01:52:26,642 recommendations to our board in November of last year, and at That time, we approved a new 3234 01:52:26,642 --> 01:52:29,446 november of last year, and at That time, we approved a new Term sheet for our mixed income 3235 01:52:29,446 --> 01:52:31,615 that time, we approved a new Term sheet for our mixed income Projects that added several new 3236 01:52:31,615 --> 01:52:33,716 term sheet for our mixed income Projects that added several new Tenant protections to our 3237 01:52:33,716 --> 01:52:34,685 projects that added several new Tenant protections to our Existing policies. 3238 01:52:34,685 --> 01:52:37,388 tenant protections to our Existing policies. And so among the policies that 3239 01:52:37,388 --> 01:52:39,889 existing policies. And so among the policies that We added were capping 3240 01:52:39,889 --> 01:52:41,524 and so among the policies that We added were capping Application fees at no more than 3241 01:52:41,524 --> 01:52:42,793 we added were capping Application fees at no more than $100 per household. 3242 01:52:42,793 --> 01:52:46,897 application fees at no more than $100 per household. We now mandate that any, any 3243 01:52:46,897 --> 01:52:48,831 $100 per household. We now mandate that any, any Optional or mandatory, 3244 01:52:48,831 --> 01:52:50,567 we now mandate that any, any Optional or mandatory, Especially mandatory fees, have 3245 01:52:50,567 --> 01:52:52,969 optional or mandatory, Especially mandatory fees, have To be disclosed to tenants 3246 01:52:52,969 --> 01:52:54,537 especially mandatory fees, have To be disclosed to tenants Before they apply for housing, 3247 01:52:54,537 --> 01:52:57,174 to be disclosed to tenants Before they apply for housing, So there are no surprises at the 3248 01:52:57,174 --> 01:52:59,642 before they apply for housing, So there are no surprises at the Time of signing the lease, and 3249 01:52:59,642 --> 01:53:01,912 so there are no surprises at the Time of signing the lease, and Monthly late fees are capped at 3250 01:53:01,912 --> 01:53:02,645 time of signing the lease, and Monthly late fees are capped at 5% of rent. 3251 01:53:02,645 --> 01:53:05,014 monthly late fees are capped at 5% of rent. So we know that several of our 3252 01:53:05,014 --> 01:53:08,051 5% of rent. So we know that several of our Peer agencies are also in the 3253 01:53:08,051 --> 01:53:09,286 so we know that several of our Peer agencies are also in the Process of reviewing their own 3254 01:53:09,286 --> 01:53:11,487 peer agencies are also in the Process of reviewing their own Tenant protection policies, and 3255 01:53:11,487 --> 01:53:13,790 process of reviewing their own Tenant protection policies, and We‘re really hopeful that 3256 01:53:13,790 --> 01:53:15,526 tenant protection policies, and We‘re really hopeful that Together we can achieve a shared 3257 01:53:15,526 --> 01:53:17,594 we‘re really hopeful that Together we can achieve a shared Set of baseline tenant 3258 01:53:17,594 --> 01:53:17,895 together we can achieve a shared Set of baseline tenant Protections. 3259 01:53:17,895 --> 01:53:20,397 set of baseline tenant Protections. This is one of the conversations 3260 01:53:20,397 --> 01:53:22,499 protections. This is one of the conversations That we‘re having through the 3261 01:53:22,499 --> 01:53:25,469 this is one of the conversations That we‘re having through the Monthly roundtable of hfc 3262 01:53:25,469 --> 01:53:27,503 that we‘re having through the Monthly roundtable of hfc Housing authorities and fcs, 3263 01:53:27,503 --> 01:53:29,605 monthly roundtable of hfc Housing authorities and fcs, That we are coordinating. 3264 01:53:29,605 --> 01:53:32,308 housing authorities and fcs, That we are coordinating. >> diana, are you requiring this 3265 01:53:32,308 --> 01:53:35,446 that we are coordinating. >> diana, are you requiring this Of in just the properties y‘all 3266 01:53:35,446 --> 01:53:37,547 >> diana, are you requiring this Of in just the properties y‘all Own, if you will, or in the ones 3267 01:53:37,547 --> 01:53:39,949 of in just the properties y‘all Own, if you will, or in the ones That you would be developing or, 3268 01:53:39,949 --> 01:53:42,152 own, if you will, or in the ones That you would be developing or, You know, helping finance with a 3269 01:53:42,152 --> 01:53:42,419 that you would be developing or, You know, helping finance with a Developer? 3270 01:53:42,419 --> 01:53:45,189 you know, helping finance with a Developer? >> so I will say that the vast 3271 01:53:45,189 --> 01:53:48,091 developer? >> so I will say that the vast Majority of transactions we see 3272 01:53:48,091 --> 01:53:51,027 >> so I will say that the vast Majority of transactions we see Are looking to us as a partner 3273 01:53:51,027 --> 01:53:53,063 majority of transactions we see Are looking to us as a partner In the development to extend a 3274 01:53:53,063 --> 01:53:55,631 are looking to us as a partner In the development to extend a Property tax exemption, because 3275 01:53:55,631 --> 01:53:56,699 in the development to extend a Property tax exemption, because It‘s very difficult to make 3276 01:53:56,699 --> 01:53:58,568 property tax exemption, because It‘s very difficult to make Deals pencil today without it. 3277 01:53:58,568 --> 01:54:01,104 it‘s very difficult to make Deals pencil today without it. So we haven‘t seen a bond only 3278 01:54:01,104 --> 01:54:02,872 deals pencil today without it. So we haven‘t seen a bond only Deal in my tenure. 3279 01:54:02,872 --> 01:54:05,776 so we haven‘t seen a bond only Deal in my tenure. So for that reason, it really is 3280 01:54:05,776 --> 01:54:06,442 deal in my tenure. So for that reason, it really is All new deals. 3281 01:54:06,442 --> 01:54:08,979 so for that reason, it really is All new deals. I will say that it applies 3282 01:54:08,979 --> 01:54:10,147 all new deals. I will say that it applies Specifically to the mixed income 3283 01:54:10,147 --> 01:54:12,449 I will say that it applies Specifically to the mixed income Or workforce deals, because the 3284 01:54:12,449 --> 01:54:15,318 specifically to the mixed income Or workforce deals, because the Tax credit program already has 3285 01:54:15,318 --> 01:54:17,421 or workforce deals, because the Tax credit program already has Many of these protections baked 3286 01:54:17,421 --> 01:54:18,287 tax credit program already has Many of these protections baked In to the program. 3287 01:54:18,287 --> 01:54:22,493 many of these protections baked In to the program. Thank you for the question. 3288 01:54:22,493 --> 01:54:24,861 in to the program. Thank you for the question. So another area that we are 3289 01:54:24,861 --> 01:54:28,499 thank you for the question. So another area that we are Really proud of in terms of our 3290 01:54:28,499 --> 01:54:28,699 so another area that we are Really proud of in terms of our Work. 3291 01:54:28,699 --> 01:54:32,368 really proud of in terms of our Work. That that acknowledges that the 3292 01:54:32,368 --> 01:54:34,838 work. That that acknowledges that the Tenant experiences is some 3293 01:54:34,838 --> 01:54:36,540 that that acknowledges that the Tenant experiences is some Curative work we‘ve done based 3294 01:54:36,540 --> 01:54:38,208 tenant experiences is some Curative work we‘ve done based On our history. 3295 01:54:38,208 --> 01:54:40,277 curative work we‘ve done based On our history. So we‘ve updated the court 3296 01:54:40,277 --> 01:54:41,712 on our history. So we‘ve updated the court Previously on our rosemont 3297 01:54:41,712 --> 01:54:42,879 so we‘ve updated the court Previously on our rosemont Tenant investment program. 3298 01:54:42,879 --> 01:54:45,115 previously on our rosemont Tenant investment program. And today we‘re really happy to 3299 01:54:45,115 --> 01:54:46,949 tenant investment program. And today we‘re really happy to Share the highlights of the 3300 01:54:46,949 --> 01:54:47,950 and today we‘re really happy to Share the highlights of the Completed initiative. 3301 01:54:47,950 --> 01:54:50,821 share the highlights of the Completed initiative. So this effort, as you know, was 3302 01:54:50,821 --> 01:54:52,422 completed initiative. So this effort, as you know, was Born, born of your appointees. 3303 01:54:52,422 --> 01:54:54,892 so this effort, as you know, was Born, born of your appointees. Acknowledgment of the hardships 3304 01:54:54,892 --> 01:54:56,926 born, born of your appointees. Acknowledgment of the hardships That were endured by tenants 3305 01:54:56,926 --> 01:54:59,830 acknowledgment of the hardships That were endured by tenants After winter storm uri, once 3306 01:54:59,830 --> 01:55:00,963 that were endured by tenants After winter storm uri, once Strategic, established 3307 01:55:00,963 --> 01:55:03,367 after winter storm uri, once Strategic, established Independent operations in 2024, 3308 01:55:03,367 --> 01:55:05,436 strategic, established Independent operations in 2024, We worked with basta and with 3309 01:55:05,436 --> 01:55:08,004 independent operations in 2024, We worked with basta and with Tenants to design a program that 3310 01:55:08,004 --> 01:55:10,807 we worked with basta and with Tenants to design a program that Would provide one time financial 3311 01:55:10,807 --> 01:55:12,442 tenants to design a program that Would provide one time financial Assistance to households that 3312 01:55:12,442 --> 01:55:14,178 would provide one time financial Assistance to households that Were affected at rosemont after 3313 01:55:14,178 --> 01:55:14,945 assistance to households that Were affected at rosemont after The storm. 3314 01:55:14,945 --> 01:55:17,848 were affected at rosemont after The storm. So while the program design was 3315 01:55:17,848 --> 01:55:20,350 the storm. So while the program design was Relatively straightforward, 3316 01:55:20,350 --> 01:55:21,317 so while the program design was Relatively straightforward, Execution was not. 3317 01:55:21,317 --> 01:55:24,655 relatively straightforward, Execution was not. You can imagine that property 3318 01:55:24,655 --> 01:55:26,622 execution was not. You can imagine that property Management records from the time 3319 01:55:26,622 --> 01:55:29,125 you can imagine that property Management records from the time Of the storm were a bit 3320 01:55:29,125 --> 01:55:29,459 management records from the time Of the storm were a bit Inconsistent. 3321 01:55:29,459 --> 01:55:30,960 of the storm were a bit Inconsistent. People moved quite a bit in 3322 01:55:30,960 --> 01:55:33,063 inconsistent. People moved quite a bit in Between units and many were 3323 01:55:33,063 --> 01:55:33,330 people moved quite a bit in Between units and many were Relocated. 3324 01:55:33,330 --> 01:55:35,966 between units and many were Relocated. We, of course, no longer own the 3325 01:55:35,966 --> 01:55:37,968 relocated. We, of course, no longer own the Property at this time, and we 3326 01:55:37,968 --> 01:55:40,169 we, of course, no longer own the Property at this time, and we Also understandably saw many 3327 01:55:40,169 --> 01:55:42,306 property at this time, and we Also understandably saw many Households move away from 3328 01:55:42,306 --> 01:55:44,141 also understandably saw many Households move away from Rosemont in the aftermath of the 3329 01:55:44,141 --> 01:55:45,843 households move away from Rosemont in the aftermath of the Storm and in during the 3330 01:55:45,843 --> 01:55:49,513 rosemont in the aftermath of the Storm and in during the Prolonged repair and renovation 3331 01:55:49,513 --> 01:55:49,746 storm and in during the Prolonged repair and renovation Period. 3332 01:55:49,746 --> 01:55:53,083 prolonged repair and renovation Period. So to meet the challenge of 3333 01:55:53,083 --> 01:55:54,784 period. So to meet the challenge of Locating former tenants and 3334 01:55:54,784 --> 01:55:56,452 so to meet the challenge of Locating former tenants and Engaging them and distributing 3335 01:55:56,452 --> 01:55:57,987 locating former tenants and Engaging them and distributing The assistance, we really knew 3336 01:55:57,987 --> 01:55:59,155 engaging them and distributing The assistance, we really knew That we would need help. 3337 01:55:59,155 --> 01:56:02,226 the assistance, we really knew That we would need help. We were very lucky to find 3338 01:56:02,226 --> 01:56:04,361 that we would need help. We were very lucky to find Partners in el samaritano and 3339 01:56:04,361 --> 01:56:06,395 we were very lucky to find Partners in el samaritano and Cvs associates who had carried 3340 01:56:06,395 --> 01:56:08,365 partners in el samaritano and Cvs associates who had carried Out relocation on site. 3341 01:56:08,365 --> 01:56:12,269 cvs associates who had carried Out relocation on site. We were able to lean on their 3342 01:56:12,269 --> 01:56:14,770 out relocation on site. We were able to lean on their Trusted relationships at 3343 01:56:14,770 --> 01:56:16,874 we were able to lean on their Trusted relationships at Rosemont and in the community at 3344 01:56:16,874 --> 01:56:17,074 trusted relationships at Rosemont and in the community at Large. 3345 01:56:17,074 --> 01:56:20,443 rosemont and in the community at Large. This was important in part 3346 01:56:20,443 --> 01:56:21,878 large. This was important in part Because you can imagine that 3347 01:56:21,878 --> 01:56:23,513 this was important in part Because you can imagine that Being contacted out of the blue 3348 01:56:23,513 --> 01:56:26,483 because you can imagine that Being contacted out of the blue And told that we had some very 3349 01:56:26,483 --> 01:56:28,919 being contacted out of the blue And told that we had some very Flexible financial assistance 3350 01:56:28,919 --> 01:56:29,452 and told that we had some very Flexible financial assistance Available to you. 3351 01:56:29,452 --> 01:56:31,287 flexible financial assistance Available to you. Sounds a lot like a scam. 3352 01:56:31,287 --> 01:56:34,458 available to you. Sounds a lot like a scam. So we actually needed often to 3353 01:56:34,458 --> 01:56:35,692 sounds a lot like a scam. So we actually needed often to Be quite persistent and make 3354 01:56:35,692 --> 01:56:37,727 so we actually needed often to Be quite persistent and make Sure that people understood what 3355 01:56:37,727 --> 01:56:39,395 be quite persistent and make Sure that people understood what This was, what it was related 3356 01:56:39,395 --> 01:56:41,165 sure that people understood what This was, what it was related To, and the trust that they had 3357 01:56:41,165 --> 01:56:43,567 this was, what it was related To, and the trust that they had With, with cvr and, and el buen 3358 01:56:43,567 --> 01:56:44,935 to, and the trust that they had With, with cvr and, and el buen Was really important there. 3359 01:56:44,935 --> 01:56:48,504 with, with cvr and, and el buen Was really important there. So we‘ll say that about 65% of 3360 01:56:48,504 --> 01:56:50,406 was really important there. So we‘ll say that about 65% of Households were served in the 3361 01:56:50,406 --> 01:56:52,175 so we‘ll say that about 65% of Households were served in the First four months of the 3362 01:56:52,175 --> 01:56:52,409 households were served in the First four months of the Program. 3363 01:56:52,409 --> 01:56:53,911 first four months of the Program. For those folks that we did have 3364 01:56:53,911 --> 01:56:57,246 program. For those folks that we did have Good contact information for, 3365 01:56:57,246 --> 01:56:59,216 for those folks that we did have Good contact information for, But locating and engaging the 3366 01:56:59,216 --> 01:57:01,450 good contact information for, But locating and engaging the Rest of the former tenants was a 3367 01:57:01,450 --> 01:57:02,452 but locating and engaging the Rest of the former tenants was a Painstaking process. 3368 01:57:02,452 --> 01:57:05,088 rest of the former tenants was a Painstaking process. We eventually extended the 3369 01:57:05,088 --> 01:57:06,323 painstaking process. We eventually extended the Program through march of this 3370 01:57:06,323 --> 01:57:09,692 we eventually extended the Program through march of this Year, and with again the help of 3371 01:57:09,692 --> 01:57:12,061 program through march of this Year, and with again the help of Our partners, we were able to 3372 01:57:12,061 --> 01:57:13,162 year, and with again the help of Our partners, we were able to Locate those families who had 3373 01:57:13,162 --> 01:57:15,699 our partners, we were able to Locate those families who had Moved across town, who had moved 3374 01:57:15,699 --> 01:57:17,067 locate those families who had Moved across town, who had moved Across the region, and in some 3375 01:57:17,067 --> 01:57:19,269 moved across town, who had moved Across the region, and in some Cases, even out of the united 3376 01:57:19,269 --> 01:57:19,503 across the region, and in some Cases, even out of the united States. 3377 01:57:19,503 --> 01:57:22,206 cases, even out of the united States. We simply would not have been 3378 01:57:22,206 --> 01:57:23,340 states. We simply would not have been Successful without their help. 3379 01:57:23,340 --> 01:57:25,675 we simply would not have been Successful without their help. And we want to recognize them 3380 01:57:25,675 --> 01:57:25,875 successful without their help. And we want to recognize them Today. 3381 01:57:25,875 --> 01:57:27,243 and we want to recognize them Today. We‘ve got some of those folks in 3382 01:57:27,243 --> 01:57:27,878 today. We‘ve got some of those folks in The audience. 3383 01:57:27,878 --> 01:57:29,279 we‘ve got some of those folks in The audience. I think if you‘ll raise your 3384 01:57:29,279 --> 01:57:29,479 the audience. I think if you‘ll raise your Hands. 3385 01:57:29,479 --> 01:57:30,780 I think if you‘ll raise your Hands. Thank you. 3386 01:57:30,780 --> 01:57:33,584 hands. Thank you. >> that is great. 3387 01:57:33,584 --> 01:57:36,320 thank you. >> that is great. >> so with the help of our 3388 01:57:36,320 --> 01:57:37,987 >> that is great. >> so with the help of our Partners, our program identified 3389 01:57:37,987 --> 01:57:40,723 >> so with the help of our Partners, our program identified A total of 226 eligible 3390 01:57:40,723 --> 01:57:41,023 partners, our program identified A total of 226 eligible Households. 3391 01:57:41,023 --> 01:57:43,093 a total of 226 eligible Households. That‘s anyone that lived at 3392 01:57:43,093 --> 01:57:44,561 households. That‘s anyone that lived at Rosemont from the time of the 3393 01:57:44,561 --> 01:57:47,730 that‘s anyone that lived at Rosemont from the time of the Storm until we sold the property 3394 01:57:47,730 --> 01:57:49,432 rosemont from the time of the Storm until we sold the property Through a great deal of 3395 01:57:49,432 --> 01:57:51,601 storm until we sold the property Through a great deal of Creativity and persistence, the 3396 01:57:51,601 --> 01:57:53,036 through a great deal of Creativity and persistence, the Program was eventually able to 3397 01:57:53,036 --> 01:57:56,939 creativity and persistence, the Program was eventually able to Serve 215 or 95% of those 3398 01:57:56,939 --> 01:57:59,209 program was eventually able to Serve 215 or 95% of those Households. 3399 01:57:59,209 --> 01:58:02,246 serve 215 or 95% of those Households. We distributed $7,200 to each 3400 01:58:02,246 --> 01:58:04,047 households. We distributed $7,200 to each Household, and that totaled just 3401 01:58:04,047 --> 01:58:06,949 we distributed $7,200 to each Household, and that totaled just Over $1.5 million in direct 3402 01:58:06,949 --> 01:58:07,718 household, and that totaled just Over $1.5 million in direct Financial support. 3403 01:58:07,718 --> 01:58:10,821 over $1.5 million in direct Financial support. During the planning phase, we 3404 01:58:10,821 --> 01:58:12,189 financial support. During the planning phase, we Heard from tenants that they 3405 01:58:12,189 --> 01:58:14,691 during the planning phase, we Heard from tenants that they Felt very strongly that the 3406 01:58:14,691 --> 01:58:16,827 heard from tenants that they Felt very strongly that the Assistance should be flexible, 3407 01:58:16,827 --> 01:58:18,594 felt very strongly that the Assistance should be flexible, Given the experience that they 3408 01:58:18,594 --> 01:58:19,162 assistance should be flexible, Given the experience that they Had lived through. 3409 01:58:19,162 --> 01:58:23,199 given the experience that they Had lived through. And so it was what we heard from 3410 01:58:23,199 --> 01:58:26,102 had lived through. And so it was what we heard from Tenants post program was that 3411 01:58:26,102 --> 01:58:28,504 and so it was what we heard from Tenants post program was that They still used the most common 3412 01:58:28,504 --> 01:58:30,607 tenants post program was that They still used the most common Uses for assistance were rent, 3413 01:58:30,607 --> 01:58:31,942 they still used the most common Uses for assistance were rent, Utilities and transportation. 3414 01:58:31,942 --> 01:58:34,176 uses for assistance were rent, Utilities and transportation. This was followed by other basic 3415 01:58:34,176 --> 01:58:37,147 utilities and transportation. This was followed by other basic Living expenses like child care, 3416 01:58:37,147 --> 01:58:38,314 this was followed by other basic Living expenses like child care, Food or medical expense. 3417 01:58:38,314 --> 01:58:39,283 living expenses like child care, Food or medical expense. And you do. 3418 01:58:39,283 --> 01:58:40,983 food or medical expense. And you do. I think maybe it‘s on the 3419 01:58:40,983 --> 01:58:43,253 and you do. I think maybe it‘s on the Previous slide, have a quote 3420 01:58:43,253 --> 01:58:44,955 I think maybe it‘s on the Previous slide, have a quote From one of our tenants. 3421 01:58:44,955 --> 01:58:46,389 previous slide, have a quote From one of our tenants. Thank you. 3422 01:58:46,389 --> 01:58:51,193 from one of our tenants. Thank you. Other recipients let us know 3423 01:58:51,193 --> 01:58:53,429 thank you. Other recipients let us know That they use the funds to save 3424 01:58:53,429 --> 01:58:55,098 other recipients let us know That they use the funds to save Toward a down payment for their 3425 01:58:55,098 --> 01:58:57,668 that they use the funds to save Toward a down payment for their First home, that they were able 3426 01:58:57,668 --> 01:59:00,436 toward a down payment for their First home, that they were able To reduce their debt burden or 3427 01:59:00,436 --> 01:59:02,071 first home, that they were able To reduce their debt burden or Invest in small business. 3428 01:59:02,071 --> 01:59:03,340 to reduce their debt burden or Invest in small business. And I‘d love to give you an 3429 01:59:03,340 --> 01:59:04,774 invest in small business. And I‘d love to give you an Example of one of the stories 3430 01:59:04,774 --> 01:59:05,841 and I‘d love to give you an Example of one of the stories That was shared with us. 3431 01:59:05,841 --> 01:59:08,878 example of one of the stories That was shared with us. One gentleman told us that he 3432 01:59:08,878 --> 01:59:11,314 that was shared with us. One gentleman told us that he Was able to use the assistance 3433 01:59:11,314 --> 01:59:14,050 one gentleman told us that he Was able to use the assistance To pay down the loan on the 3434 01:59:14,050 --> 01:59:16,553 was able to use the assistance To pay down the loan on the Truck that he uses for his 3435 01:59:16,553 --> 01:59:19,723 to pay down the loan on the Truck that he uses for his Handyman business, and in turn, 3436 01:59:19,723 --> 01:59:21,892 truck that he uses for his Handyman business, and in turn, That enabled him to begin to 3437 01:59:21,892 --> 01:59:23,960 handyman business, and in turn, That enabled him to begin to Invest in further equipment and 3438 01:59:23,960 --> 01:59:28,030 that enabled him to begin to Invest in further equipment and Tools to support that business. 3439 01:59:28,030 --> 01:59:30,534 invest in further equipment and Tools to support that business. We‘ve completed this program, 3440 01:59:30,534 --> 01:59:32,635 tools to support that business. We‘ve completed this program, But the impact of rosemont will 3441 01:59:32,635 --> 01:59:34,638 we‘ve completed this program, But the impact of rosemont will Continue to influence how we 3442 01:59:34,638 --> 01:59:36,172 but the impact of rosemont will Continue to influence how we Approach our developments and 3443 01:59:36,172 --> 01:59:39,075 continue to influence how we Approach our developments and Care for our portfolio long into 3444 01:59:39,075 --> 01:59:41,611 approach our developments and Care for our portfolio long into The future. 3445 01:59:41,611 --> 01:59:43,280 care for our portfolio long into The future. >> can I just ask? 3446 01:59:43,280 --> 01:59:45,716 the future. >> can I just ask? I had understood that the the 3447 01:59:45,716 --> 01:59:48,485 >> can I just ask? I had understood that the the Sale of rosemont didn‘t produce 3448 01:59:48,485 --> 01:59:50,320 I had understood that the the Sale of rosemont didn‘t produce Quite as much revenue as was 3449 01:59:50,320 --> 01:59:52,489 sale of rosemont didn‘t produce Quite as much revenue as was Initially intended, so I‘m 3450 01:59:52,489 --> 01:59:53,290 quite as much revenue as was Initially intended, so I‘m Interested to know how you were 3451 01:59:53,290 --> 01:59:54,091 initially intended, so I‘m Interested to know how you were Able to set aside. 3452 01:59:54,091 --> 01:59:54,725 interested to know how you were Able to set aside. >> yes. 3453 01:59:54,725 --> 01:59:55,858 able to set aside. >> yes. >> $2 million. 3454 01:59:55,858 --> 01:59:57,159 >> yes. >> $2 million. Congratulations on this. 3455 01:59:57,159 --> 01:59:58,628 >> $2 million. Congratulations on this. It sounds like you really worked 3456 01:59:58,628 --> 01:59:59,496 congratulations on this. It sounds like you really worked Hard to take care of the 3457 01:59:59,496 --> 02:00:00,530 it sounds like you really worked Hard to take care of the Residents who were put in a 3458 02:00:00,530 --> 02:00:03,567 hard to take care of the Residents who were put in a Horrible situation, but I‘m just 3459 02:00:03,567 --> 02:00:04,800 residents who were put in a Horrible situation, but I‘m just Interested to know how you‘re 3460 02:00:04,800 --> 02:00:05,135 horrible situation, but I‘m just Interested to know how you‘re Able to do it. 3461 02:00:05,135 --> 02:00:05,368 interested to know how you‘re Able to do it. >> yes. 3462 02:00:05,368 --> 02:00:07,070 able to do it. >> yes. And I‘m glad you pointed this 3463 02:00:07,070 --> 02:00:07,236 >> yes. And I‘m glad you pointed this Out. 3464 02:00:07,236 --> 02:00:09,372 and I‘m glad you pointed this Out. So, rosemont, the sale rosemont 3465 02:00:09,372 --> 02:00:11,007 out. So, rosemont, the sale rosemont Was a net loss to the 3466 02:00:11,007 --> 02:00:11,341 so, rosemont, the sale rosemont Was a net loss to the Organization. 3467 02:00:11,341 --> 02:00:14,544 was a net loss to the Organization. And so in the face of that net 3468 02:00:14,544 --> 02:00:17,446 organization. And so in the face of that net Loss, the board still elected to 3469 02:00:17,446 --> 02:00:19,516 and so in the face of that net Loss, the board still elected to Set aside additional funds from 3470 02:00:19,516 --> 02:00:21,017 loss, the board still elected to Set aside additional funds from Our balance sheet to do this. 3471 02:00:21,017 --> 02:00:23,219 set aside additional funds from Our balance sheet to do this. I‘m happy to have we have at 3472 02:00:23,219 --> 02:00:24,621 our balance sheet to do this. I‘m happy to have we have at Least one director who was here 3473 02:00:24,621 --> 02:00:27,090 I‘m happy to have we have at Least one director who was here During that time to make a 3474 02:00:27,090 --> 02:00:27,324 least one director who was here During that time to make a Comment. 3475 02:00:27,324 --> 02:00:28,191 during that time to make a Comment. If you‘d like. 3476 02:00:28,191 --> 02:00:30,894 comment. If you‘d like. >> the exact story. 3477 02:00:30,894 --> 02:00:31,495 if you‘d like. >> the exact story. We thought that. 3478 02:00:31,495 --> 02:00:36,500 >> the exact story. We thought that. So to just visually explain, 3479 02:00:36,500 --> 02:00:38,702 we thought that. So to just visually explain, Obviously strategics reserve‘s 3480 02:00:38,702 --> 02:00:40,037 so to just visually explain, Obviously strategics reserve‘s Balance sheet was hit. 3481 02:00:40,037 --> 02:00:44,174 obviously strategics reserve‘s Balance sheet was hit. We could have used the funds to 3482 02:00:44,174 --> 02:00:46,510 balance sheet was hit. We could have used the funds to Replenish, reinvest, or just 3483 02:00:46,510 --> 02:00:47,277 we could have used the funds to Replenish, reinvest, or just Have security. 3484 02:00:47,277 --> 02:00:49,879 replenish, reinvest, or just Have security. We thought that this was such a 3485 02:00:49,879 --> 02:00:52,182 have security. We thought that this was such a Core promise, given the 3486 02:00:52,182 --> 02:00:54,584 we thought that this was such a Core promise, given the Experience that we needed to 3487 02:00:54,584 --> 02:00:54,885 core promise, given the Experience that we needed to Fulfill it. 3488 02:00:54,885 --> 02:00:57,321 experience that we needed to Fulfill it. Moreover, and this is important 3489 02:00:57,321 --> 02:00:58,922 fulfill it. Moreover, and this is important For those that have been through 3490 02:00:58,922 --> 02:01:01,391 moreover, and this is important For those that have been through The journey with us, the tenants 3491 02:01:01,391 --> 02:01:03,627 for those that have been through The journey with us, the tenants Trusted us in this transaction 3492 02:01:03,627 --> 02:01:05,361 the journey with us, the tenants Trusted us in this transaction Because if you recall, we did 3493 02:01:05,361 --> 02:01:08,230 trusted us in this transaction Because if you recall, we did Not get to fulfill the 3494 02:01:08,230 --> 02:01:09,165 because if you recall, we did Not get to fulfill the Partnership, the mission driven 3495 02:01:09,165 --> 02:01:11,034 not get to fulfill the Partnership, the mission driven Partnership we had envisioned 3496 02:01:11,034 --> 02:01:12,335 partnership, the mission driven Partnership we had envisioned With a leading affordable 3497 02:01:12,335 --> 02:01:13,537 partnership we had envisioned With a leading affordable Housing provider in this 3498 02:01:13,537 --> 02:01:13,804 with a leading affordable Housing provider in this Community. 3499 02:01:13,804 --> 02:01:19,642 housing provider in this Community. And so there were significant, 3500 02:01:19,642 --> 02:01:20,877 community. And so there were significant, Distraught feelings that could 3501 02:01:20,877 --> 02:01:23,547 and so there were significant, Distraught feelings that could Have fomented trust, distrust. 3502 02:01:23,547 --> 02:01:25,949 distraught feelings that could Have fomented trust, distrust. And so our solution was to is to 3503 02:01:25,949 --> 02:01:27,284 have fomented trust, distrust. And so our solution was to is to Say we are going to follow 3504 02:01:27,284 --> 02:01:30,186 and so our solution was to is to Say we are going to follow Through on the ideas of the 3505 02:01:30,186 --> 02:01:32,321 say we are going to follow Through on the ideas of the Mission driven partnership 3506 02:01:32,321 --> 02:01:34,858 through on the ideas of the Mission driven partnership Through novel means, even if it 3507 02:01:34,858 --> 02:01:36,226 mission driven partnership Through novel means, even if it Means we do not get to repair 3508 02:01:36,226 --> 02:01:37,661 through novel means, even if it Means we do not get to repair Our balance sheet, which we owe 3509 02:01:37,661 --> 02:01:39,362 means we do not get to repair Our balance sheet, which we owe To you, to the taxpayers, to 3510 02:01:39,362 --> 02:01:41,230 our balance sheet, which we owe To you, to the taxpayers, to Future affordable housing 3511 02:01:41,230 --> 02:01:43,266 to you, to the taxpayers, to Future affordable housing Investment, as quickly as we 3512 02:01:43,266 --> 02:01:45,435 future affordable housing Investment, as quickly as we Would like, we‘ll find other 3513 02:01:45,435 --> 02:01:46,236 investment, as quickly as we Would like, we‘ll find other Solutions for that. 3514 02:01:46,236 --> 02:01:49,973 would like, we‘ll find other Solutions for that. And I think ultimately, the the 3515 02:01:49,973 --> 02:01:52,175 solutions for that. And I think ultimately, the the Decision has been proven to be 3516 02:01:52,175 --> 02:01:55,012 and I think ultimately, the the Decision has been proven to be Correct, because if we look back 3517 02:01:55,012 --> 02:02:00,683 decision has been proven to be Correct, because if we look back At what that end to our 3518 02:02:00,683 --> 02:02:03,587 correct, because if we look back At what that end to our Ownership will be looked at as 3519 02:02:03,587 --> 02:02:08,257 at what that end to our Ownership will be looked at as Is given many poor choices, we 3520 02:02:08,257 --> 02:02:11,395 ownership will be looked at as Is given many poor choices, we Tried to find a way that the 3521 02:02:11,395 --> 02:02:13,030 is given many poor choices, we Tried to find a way that the Property would be put in better 3522 02:02:13,030 --> 02:02:17,567 tried to find a way that the Property would be put in better Hands than ours, that the 3523 02:02:17,567 --> 02:02:19,870 property would be put in better Hands than ours, that the Taxpayers and voters would have 3524 02:02:19,870 --> 02:02:21,804 hands than ours, that the Taxpayers and voters would have A policy outcome that they could 3525 02:02:21,804 --> 02:02:24,473 taxpayers and voters would have A policy outcome that they could Find sustainable and support, 3526 02:02:24,473 --> 02:02:26,575 a policy outcome that they could Find sustainable and support, That we would get to a good 3527 02:02:26,575 --> 02:02:29,046 find sustainable and support, That we would get to a good Financial place and most 3528 02:02:29,046 --> 02:02:32,949 that we would get to a good Financial place and most Importantly, that we would 3529 02:02:32,949 --> 02:02:35,152 financial place and most Importantly, that we would Attempt our best in this 3530 02:02:35,152 --> 02:02:37,486 importantly, that we would Attempt our best in this Imperfect world at repair for 3531 02:02:37,486 --> 02:02:38,388 attempt our best in this Imperfect world at repair for What had happened. 3532 02:02:38,388 --> 02:02:41,158 imperfect world at repair for What had happened. And so for me, I will tell you, 3533 02:02:41,158 --> 02:02:45,061 what had happened. And so for me, I will tell you, When we were voting to do the 3534 02:02:45,061 --> 02:02:47,030 and so for me, I will tell you, When we were voting to do the Transaction, it was an 3535 02:02:47,030 --> 02:02:48,165 when we were voting to do the Transaction, it was an Uncomfortable moment. 3536 02:02:48,165 --> 02:02:50,367 transaction, it was an Uncomfortable moment. We needed to take a leap of 3537 02:02:50,367 --> 02:02:52,334 uncomfortable moment. We needed to take a leap of Faith that credible partners 3538 02:02:52,334 --> 02:02:53,637 we needed to take a leap of Faith that credible partners Would want to partner with us. 3539 02:02:53,637 --> 02:02:55,806 faith that credible partners Would want to partner with us. We‘re very grateful that people 3540 02:02:55,806 --> 02:02:57,139 would want to partner with us. We‘re very grateful that people With real reputation in this 3541 02:02:57,139 --> 02:02:58,274 we‘re very grateful that people With real reputation in this Community want to do something 3542 02:02:58,274 --> 02:03:01,777 with real reputation in this Community want to do something This hard, that the folks there 3543 02:03:01,777 --> 02:03:03,112 community want to do something This hard, that the folks there Would be willing to open their 3544 02:03:03,112 --> 02:03:04,915 this hard, that the folks there Would be willing to open their Door literally and 3545 02:03:04,915 --> 02:03:07,384 would be willing to open their Door literally and Metaphorically and literally to 3546 02:03:07,384 --> 02:03:10,053 door literally and Metaphorically and literally to Accept the program that we would 3547 02:03:10,053 --> 02:03:12,054 metaphorically and literally to Accept the program that we would Have a board and a staff that 3548 02:03:12,054 --> 02:03:13,389 accept the program that we would Have a board and a staff that Would be able to follow through. 3549 02:03:13,389 --> 02:03:15,225 have a board and a staff that Would be able to follow through. So as we‘ve seen the 3550 02:03:15,225 --> 02:03:17,394 would be able to follow through. So as we‘ve seen the Implementation, I‘ve been very 3551 02:03:17,394 --> 02:03:18,561 so as we‘ve seen the Implementation, I‘ve been very Happy and appreciative that 3552 02:03:18,561 --> 02:03:20,763 implementation, I‘ve been very Happy and appreciative that You‘ve trusted to do this on 3553 02:03:20,763 --> 02:03:21,098 happy and appreciative that You‘ve trusted to do this on Your behalf. 3554 02:03:21,098 --> 02:03:23,533 you‘ve trusted to do this on Your behalf. I think it‘s a really proud 3555 02:03:23,533 --> 02:03:23,767 your behalf. I think it‘s a really proud Moment. 3556 02:03:23,767 --> 02:03:26,669 I think it‘s a really proud Moment. I‘ll conclude with, I think 3557 02:03:26,669 --> 02:03:28,138 moment. I‘ll conclude with, I think People that we hold in high 3558 02:03:28,138 --> 02:03:30,906 I‘ll conclude with, I think People that we hold in high Esteem have told us, it‘s one 3559 02:03:30,906 --> 02:03:32,476 people that we hold in high Esteem have told us, it‘s one Thing to promise something like 3560 02:03:32,476 --> 02:03:32,675 esteem have told us, it‘s one Thing to promise something like This. 3561 02:03:32,675 --> 02:03:34,277 thing to promise something like This. It‘s another thing to come 3562 02:03:34,277 --> 02:03:35,979 this. It‘s another thing to come Anywhere near where we‘ve been 3563 02:03:35,979 --> 02:03:37,147 it‘s another thing to come Anywhere near where we‘ve been At in delivering. 3564 02:03:37,147 --> 02:03:38,581 anywhere near where we‘ve been At in delivering. I think it‘s something that you 3565 02:03:38,581 --> 02:03:40,584 at in delivering. I think it‘s something that you Can be really proud of, that 3566 02:03:40,584 --> 02:03:42,852 I think it‘s something that you Can be really proud of, that You‘ve collectively enabled, 3567 02:03:42,852 --> 02:03:44,654 can be really proud of, that You‘ve collectively enabled, That you can convey to this 3568 02:03:44,654 --> 02:03:45,821 you‘ve collectively enabled, That you can convey to this Community of. 3569 02:03:45,821 --> 02:03:48,091 that you can convey to this Community of. We understood that there was a 3570 02:03:48,091 --> 02:03:48,358 community of. We understood that there was a Challenge. 3571 02:03:48,358 --> 02:03:51,260 we understood that there was a Challenge. We found the people to fix it. 3572 02:03:51,260 --> 02:03:55,331 challenge. We found the people to fix it. We have done as as good as we 3573 02:03:55,331 --> 02:03:58,735 we found the people to fix it. We have done as as good as we Can for these people and for our 3574 02:03:58,735 --> 02:04:00,070 we have done as as good as we Can for these people and for our Tenant, for former tenants that 3575 02:04:00,070 --> 02:04:01,037 can for these people and for our Tenant, for former tenants that Were in our care. 3576 02:04:01,037 --> 02:04:03,340 tenant, for former tenants that Were in our care. And most importantly, we have a 3577 02:04:03,340 --> 02:04:03,607 were in our care. And most importantly, we have a Template. 3578 02:04:03,607 --> 02:04:05,976 and most importantly, we have a Template. We have a template not only for 3579 02:04:05,976 --> 02:04:08,210 template. We have a template not only for The public properties and the 3580 02:04:08,210 --> 02:04:09,645 we have a template not only for The public properties and the Mission driven properties, but 3581 02:04:09,645 --> 02:04:12,415 the public properties and the Mission driven properties, but For all landlords when they 3582 02:04:12,415 --> 02:04:14,418 mission driven properties, but For all landlords when they Encounter these kinds of 3583 02:04:14,418 --> 02:04:16,219 for all landlords when they Encounter these kinds of Situations and tragedies about 3584 02:04:16,219 --> 02:04:19,189 encounter these kinds of Situations and tragedies about What is just. 3585 02:04:19,189 --> 02:04:23,226 situations and tragedies about What is just. >> it‘s a really outstanding 3586 02:04:23,226 --> 02:04:24,960 what is just. >> it‘s a really outstanding Example of how to make things 3587 02:04:24,960 --> 02:04:25,162 >> it‘s a really outstanding Example of how to make things Right. 3588 02:04:25,162 --> 02:04:26,696 example of how to make things Right. And there was a lot of coverage 3589 02:04:26,696 --> 02:04:29,165 right. And there was a lot of coverage Of the horrible position that a 3590 02:04:29,165 --> 02:04:31,300 and there was a lot of coverage Of the horrible position that a Lot of tenants were put in 3591 02:04:31,300 --> 02:04:33,135 of the horrible position that a Lot of tenants were put in Caused by winter storm uri, 3592 02:04:33,135 --> 02:04:35,237 lot of tenants were put in Caused by winter storm uri, Which was caused by and this is 3593 02:04:35,237 --> 02:04:36,071 caused by winter storm uri, Which was caused by and this is Well documented. 3594 02:04:36,071 --> 02:04:38,208 which was caused by and this is Well documented. The oil and gas company shorting 3595 02:04:38,208 --> 02:04:39,575 well documented. The oil and gas company shorting The supply of natural gas. 3596 02:04:39,575 --> 02:04:40,976 the oil and gas company shorting The supply of natural gas. This wasn‘t just an act of god. 3597 02:04:40,976 --> 02:04:43,313 the supply of natural gas. This wasn‘t just an act of god. This was also manipulation of 3598 02:04:43,313 --> 02:04:45,247 this wasn‘t just an act of god. This was also manipulation of The of the natural gas markets 3599 02:04:45,247 --> 02:04:46,649 this was also manipulation of The of the natural gas markets To raise the price. 3600 02:04:46,649 --> 02:04:49,351 the of the natural gas markets To raise the price. And so many people were hurt so 3601 02:04:49,351 --> 02:04:52,388 to raise the price. And so many people were hurt so Much property damage resulted 3602 02:04:52,388 --> 02:04:54,057 and so many people were hurt so Much property damage resulted And so many of the residents 3603 02:04:54,057 --> 02:04:56,425 much property damage resulted And so many of the residents Were left with unlivable 3604 02:04:56,425 --> 02:04:56,659 and so many of the residents Were left with unlivable Housing. 3605 02:04:56,659 --> 02:04:57,928 were left with unlivable Housing. There was a lot of coverage of 3606 02:04:57,928 --> 02:04:58,128 housing. There was a lot of coverage of That. 3607 02:04:58,128 --> 02:05:00,129 there was a lot of coverage of That. But has there been any coverage 3608 02:05:00,129 --> 02:05:03,365 that. But has there been any coverage Of how you‘ve made it right? 3609 02:05:03,365 --> 02:05:04,767 but has there been any coverage Of how you‘ve made it right? >> we‘ve not sought that 3610 02:05:04,767 --> 02:05:05,835 of how you‘ve made it right? >> we‘ve not sought that Coverage, commissioner. 3611 02:05:05,835 --> 02:05:07,070 >> we‘ve not sought that Coverage, commissioner. I think that I think it‘s. 3612 02:05:07,070 --> 02:05:08,371 coverage, commissioner. I think that I think it‘s. >> an important story to tell. 3613 02:05:08,371 --> 02:05:08,737 I think that I think it‘s. >> an important story to tell. Sure. 3614 02:05:08,737 --> 02:05:09,439 >> an important story to tell. Sure. Yeah. 3615 02:05:09,439 --> 02:05:11,475 sure. Yeah. >> I think, you know, it‘s this 3616 02:05:11,475 --> 02:05:14,377 yeah. >> I think, you know, it‘s this For us is the least that we can 3617 02:05:14,377 --> 02:05:14,544 >> I think, you know, it‘s this For us is the least that we can Do. 3618 02:05:14,544 --> 02:05:15,946 for us is the least that we can Do. I mean, we are, of course, happy 3619 02:05:15,946 --> 02:05:17,848 do. I mean, we are, of course, happy To talk about it in public as we 3620 02:05:17,848 --> 02:05:18,348 I mean, we are, of course, happy To talk about it in public as we Are today. 3621 02:05:18,348 --> 02:05:22,185 to talk about it in public as we Are today. But I think that this for us is 3622 02:05:22,185 --> 02:05:25,188 are today. But I think that this for us is A matter of our organizational 3623 02:05:25,188 --> 02:05:28,458 but I think that this for us is A matter of our organizational Integrity and just core serving 3624 02:05:28,458 --> 02:05:29,692 a matter of our organizational Integrity and just core serving The folks and doing the best we 3625 02:05:29,692 --> 02:05:29,860 integrity and just core serving The folks and doing the best we Can. 3626 02:05:29,860 --> 02:05:31,460 the folks and doing the best we Can. >> it‘s a great example to share 3627 02:05:31,460 --> 02:05:33,229 can. >> it‘s a great example to share So that others can see it and 3628 02:05:33,229 --> 02:05:34,730 >> it‘s a great example to share So that others can see it and Look to, to replicate it. 3629 02:05:34,730 --> 02:05:36,365 so that others can see it and Look to, to replicate it. So congratulations for doing 3630 02:05:36,365 --> 02:05:36,566 look to, to replicate it. So congratulations for doing That. 3631 02:05:36,566 --> 02:05:38,567 so congratulations for doing That. >> just, just to piggyback on 3632 02:05:38,567 --> 02:05:43,240 that. >> just, just to piggyback on That, you know, maybe you‘re not 3633 02:05:43,240 --> 02:05:44,273 >> just, just to piggyback on That, you know, maybe you‘re not Seeking publicity. 3634 02:05:44,273 --> 02:05:45,475 that, you know, maybe you‘re not Seeking publicity. And I understand that. 3635 02:05:45,475 --> 02:05:49,179 seeking publicity. And I understand that. However, to document the 3636 02:05:49,179 --> 02:05:52,148 and I understand that. However, to document the Operating procedures, to have a 3637 02:05:52,148 --> 02:05:56,085 however, to document the Operating procedures, to have a Manual to refer to the next time 3638 02:05:56,085 --> 02:05:58,554 operating procedures, to have a Manual to refer to the next time A storm or an emergency happens, 3639 02:05:58,554 --> 02:06:00,456 manual to refer to the next time A storm or an emergency happens, I mean, those are opportunities 3640 02:06:00,456 --> 02:06:02,159 a storm or an emergency happens, I mean, those are opportunities To make sure that we are 3641 02:06:02,159 --> 02:06:04,094 I mean, those are opportunities To make sure that we are Training people to address their 3642 02:06:04,094 --> 02:06:06,061 to make sure that we are Training people to address their Needs during the most difficult 3643 02:06:06,061 --> 02:06:06,263 training people to address their Needs during the most difficult Times. 3644 02:06:06,263 --> 02:06:09,299 needs during the most difficult Times. You know, we we reach out to the 3645 02:06:09,299 --> 02:06:11,700 times. You know, we we reach out to the Food bank as a process when we 3646 02:06:11,700 --> 02:06:14,171 you know, we we reach out to the Food bank as a process when we Know something is coming, we ask 3647 02:06:14,171 --> 02:06:16,506 food bank as a process when we Know something is coming, we ask Them to come before the storm 3648 02:06:16,506 --> 02:06:17,574 know something is coming, we ask Them to come before the storm And work with our families. 3649 02:06:17,574 --> 02:06:19,509 them to come before the storm And work with our families. It would be important to do the 3650 02:06:19,509 --> 02:06:21,378 and work with our families. It would be important to do the Same thing as it relates to 3651 02:06:21,378 --> 02:06:21,577 it would be important to do the Same thing as it relates to Water. 3652 02:06:21,577 --> 02:06:23,813 same thing as it relates to Water. It would be important to do the 3653 02:06:23,813 --> 02:06:26,081 water. It would be important to do the Same thing as it relates to all 3654 02:06:26,081 --> 02:06:28,017 it would be important to do the Same thing as it relates to all Of those elements, which are 3655 02:06:28,017 --> 02:06:29,219 same thing as it relates to all Of those elements, which are Necessary to get people through 3656 02:06:29,219 --> 02:06:30,053 of those elements, which are Necessary to get people through An emergency. 3657 02:06:30,053 --> 02:06:33,456 necessary to get people through An emergency. And, you know, you know that 3658 02:06:33,456 --> 02:06:34,958 an emergency. And, you know, you know that That it has been done right. 3659 02:06:34,958 --> 02:06:37,093 and, you know, you know that That it has been done right. And well, it‘s a good thing. 3660 02:06:37,093 --> 02:06:38,794 that it has been done right. And well, it‘s a good thing. So that‘s the bonus. 3661 02:06:38,794 --> 02:06:40,897 and well, it‘s a good thing. So that‘s the bonus. But how do we make sure that 3662 02:06:40,897 --> 02:06:43,098 so that‘s the bonus. But how do we make sure that Whenever something happens, 3663 02:06:43,098 --> 02:06:44,868 but how do we make sure that Whenever something happens, We‘ve got a system to work 3664 02:06:44,868 --> 02:06:45,101 whenever something happens, We‘ve got a system to work Through? 3665 02:06:45,101 --> 02:06:47,637 we‘ve got a system to work Through? And if we can do that, I think 3666 02:06:47,637 --> 02:06:49,405 through? And if we can do that, I think We can do something significant. 3667 02:06:49,405 --> 02:06:50,540 and if we can do that, I think We can do something significant. >> thank you sir. 3668 02:06:50,540 --> 02:06:55,077 we can do something significant. >> thank you sir. >> thank you commissioners. 3669 02:06:55,077 --> 02:06:56,679 >> thank you sir. >> thank you commissioners. Now, we‘ve you‘ve heard about 3670 02:06:56,679 --> 02:06:57,479 >> thank you commissioners. Now, we‘ve you‘ve heard about The people. 3671 02:06:57,479 --> 02:06:59,482 now, we‘ve you‘ve heard about The people. And now let me walk you through 3672 02:06:59,482 --> 02:07:00,649 the people. And now let me walk you through The homes that they live in. 3673 02:07:00,649 --> 02:07:06,323 and now let me walk you through The homes that they live in. So today, strategic hfc has 4410 3674 02:07:06,323 --> 02:07:08,191 the homes that they live in. So today, strategic hfc has 4410 Units in operation across travis 3675 02:07:08,191 --> 02:07:08,425 so today, strategic hfc has 4410 Units in operation across travis County. 3676 02:07:08,425 --> 02:07:10,226 units in operation across travis County. Over the past year, we‘ve 3677 02:07:10,226 --> 02:07:11,361 county. Over the past year, we‘ve Strengthened our relationships 3678 02:07:11,361 --> 02:07:12,561 over the past year, we‘ve Strengthened our relationships With development partners who 3679 02:07:12,561 --> 02:07:14,097 strengthened our relationships With development partners who Know how to deliver quality 3680 02:07:14,097 --> 02:07:14,931 with development partners who Know how to deliver quality Housing for our neighbors. 3681 02:07:14,931 --> 02:07:18,000 know how to deliver quality Housing for our neighbors. In 2028,. 3682 02:07:18,000 --> 02:07:18,267 housing for our neighbors. In 2028,. [laughter] 3683 02:07:18,267 --> 02:07:22,605 in 2028,. [laughter] 2028, 2025, we delivered 648 new 3684 02:07:22,605 --> 02:07:23,939 [laughter] 2028, 2025, we delivered 648 new Units across two properties. 3685 02:07:23,939 --> 02:07:26,543 2028, 2025, we delivered 648 new Units across two properties. First, the residents at ruby, 3686 02:07:26,543 --> 02:07:28,611 units across two properties. First, the residents at ruby, Which is a workforce project off 3687 02:07:28,611 --> 02:07:28,878 first, the residents at ruby, Which is a workforce project off Riverside. 3688 02:07:28,878 --> 02:07:31,247 which is a workforce project off Riverside. This is our first delivery under 3689 02:07:31,247 --> 02:07:33,283 riverside. This is our first delivery under The public workers pilot 3690 02:07:33,283 --> 02:07:33,516 this is our first delivery under The public workers pilot Program. 3691 02:07:33,516 --> 02:07:35,517 the public workers pilot Program. Through this pilot, we‘re 3692 02:07:35,517 --> 02:07:36,952 program. Through this pilot, we‘re Prioritizing units for public 3693 02:07:36,952 --> 02:07:37,921 through this pilot, we‘re Prioritizing units for public Employees who keep this 3694 02:07:37,921 --> 02:07:40,557 prioritizing units for public Employees who keep this Community running and providing 3695 02:07:40,557 --> 02:07:42,225 employees who keep this Community running and providing Additional incentives, such as 3696 02:07:42,225 --> 02:07:43,692 community running and providing Additional incentives, such as Waived application fees and 3697 02:07:43,692 --> 02:07:46,263 additional incentives, such as Waived application fees and Security deposits, layered rent 3698 02:07:46,263 --> 02:07:47,496 waived application fees and Security deposits, layered rent Concessions and boutique 3699 02:07:47,496 --> 02:07:48,131 security deposits, layered rent Concessions and boutique Referral bonuses. 3700 02:07:48,131 --> 02:07:50,199 concessions and boutique Referral bonuses. The second project, daffin 3701 02:07:50,199 --> 02:07:52,736 referral bonuses. The second project, daffin Flats, is a 4% latex project 3702 02:07:52,736 --> 02:07:54,104 the second project, daffin Flats, is a 4% latex project Constructed by ellington 3703 02:07:54,104 --> 02:07:54,337 flats, is a 4% latex project Constructed by ellington Capital. 3704 02:07:54,337 --> 02:07:56,273 constructed by ellington Capital. The clearest sign that our 3705 02:07:56,273 --> 02:07:57,273 capital. The clearest sign that our Partners are getting the 3706 02:07:57,273 --> 02:07:58,807 the clearest sign that our Partners are getting the Resident experience right is 3707 02:07:58,807 --> 02:08:00,175 partners are getting the Resident experience right is That our residents are voting 3708 02:08:00,175 --> 02:08:02,279 resident experience right is That our residents are voting With their renewals and their 3709 02:08:02,279 --> 02:08:02,512 that our residents are voting With their renewals and their Reviews. 3710 02:08:02,512 --> 02:08:04,581 with their renewals and their Reviews. When you tour either property, 3711 02:08:04,581 --> 02:08:07,317 reviews. When you tour either property, You can understand why the staff 3712 02:08:07,317 --> 02:08:08,017 when you tour either property, You can understand why the staff Is kind and helpful. 3713 02:08:08,017 --> 02:08:09,652 you can understand why the staff Is kind and helpful. The kitchens are big, the 3714 02:08:09,652 --> 02:08:11,121 is kind and helpful. The kitchens are big, the Storage is plentiful, and the 3715 02:08:11,121 --> 02:08:12,222 the kitchens are big, the Storage is plentiful, and the Layouts are designed for the 3716 02:08:12,222 --> 02:08:13,056 storage is plentiful, and the Layouts are designed for the Families who actually live in 3717 02:08:13,056 --> 02:08:13,256 layouts are designed for the Families who actually live in Them. 3718 02:08:13,256 --> 02:08:15,759 families who actually live in Them. Just last week, we celebrated a 3719 02:08:15,759 --> 02:08:16,793 them. Just last week, we celebrated a Ribbon cutting at another 3720 02:08:16,793 --> 02:08:18,929 just last week, we celebrated a Ribbon cutting at another Ellington property, blue ridge 3721 02:08:18,929 --> 02:08:22,165 ribbon cutting at another Ellington property, blue ridge Flats, a 4% latex deal bringing 3722 02:08:22,165 --> 02:08:23,666 ellington property, blue ridge Flats, a 4% latex deal bringing 321 new units to our portfolio. 3723 02:08:23,666 --> 02:08:25,534 flats, a 4% latex deal bringing 321 new units to our portfolio. I toured the property with a 3724 02:08:25,534 --> 02:08:27,503 321 new units to our portfolio. I toured the property with a Team and I was genuinely 3725 02:08:27,503 --> 02:08:27,770 I toured the property with a Team and I was genuinely Impressed. 3726 02:08:27,770 --> 02:08:29,506 team and I was genuinely Impressed. If any of you have not had the 3727 02:08:29,506 --> 02:08:31,040 impressed. If any of you have not had the Chance to walk an ellington 3728 02:08:31,040 --> 02:08:32,509 if any of you have not had the Chance to walk an ellington Affordable property, please 3729 02:08:32,509 --> 02:08:33,343 chance to walk an ellington Affordable property, please Consider this an invitation. 3730 02:08:33,343 --> 02:08:34,911 affordable property, please Consider this an invitation. We would love to show you what 3731 02:08:34,911 --> 02:08:36,046 consider this an invitation. We would love to show you what Quality looks like at this 3732 02:08:36,046 --> 02:08:37,914 we would love to show you what Quality looks like at this Scale, and as of this week, we 3733 02:08:37,914 --> 02:08:41,050 quality looks like at this Scale, and as of this week, we Have another 514 units under 3734 02:08:41,050 --> 02:08:41,384 scale, and as of this week, we Have another 514 units under Construction. 3735 02:08:41,384 --> 02:08:43,486 have another 514 units under Construction. With that, I‘ll turn it back to 3736 02:08:43,486 --> 02:08:44,486 construction. With that, I‘ll turn it back to Dianna, who will walk you 3737 02:08:44,486 --> 02:08:45,522 with that, I‘ll turn it back to Dianna, who will walk you Through the projects in our 3738 02:08:45,522 --> 02:08:47,424 dianna, who will walk you Through the projects in our Active pipeline market 3739 02:08:47,424 --> 02:08:48,257 through the projects in our Active pipeline market Conditions, shaping them, and 3740 02:08:48,257 --> 02:08:49,925 active pipeline market Conditions, shaping them, and How we oversee the portfolio we 3741 02:08:49,925 --> 02:08:50,659 conditions, shaping them, and How we oversee the portfolio we Have already built. 3742 02:08:50,659 --> 02:08:52,195 how we oversee the portfolio we Have already built. >> excellent. 3743 02:08:52,195 --> 02:08:52,462 have already built. >> excellent. Thank you. 3744 02:08:52,462 --> 02:08:54,229 >> excellent. Thank you. So I want to spend a moment on 3745 02:08:54,229 --> 02:08:56,699 thank you. So I want to spend a moment on Our prospective deals in the 3746 02:08:56,699 --> 02:08:56,966 so I want to spend a moment on Our prospective deals in the Pipeline. 3747 02:08:56,966 --> 02:08:58,101 our prospective deals in the Pipeline. So these are projects that we 3748 02:08:58,101 --> 02:09:00,303 pipeline. So these are projects that we Are actively working on but have 3749 02:09:00,303 --> 02:09:04,206 so these are projects that we Are actively working on but have Not yet approved or closed. 3750 02:09:04,206 --> 02:09:05,742 are actively working on but have Not yet approved or closed. This touches on two items. 3751 02:09:05,742 --> 02:09:07,777 not yet approved or closed. This touches on two items. One, how we sort of think about 3752 02:09:07,777 --> 02:09:10,246 this touches on two items. One, how we sort of think about Our deal terms and then how we 3753 02:09:10,246 --> 02:09:11,747 one, how we sort of think about Our deal terms and then how we Ensure that we‘ve got a healthy 3754 02:09:11,747 --> 02:09:12,014 our deal terms and then how we Ensure that we‘ve got a healthy Pipeline. 3755 02:09:12,014 --> 02:09:15,017 ensure that we‘ve got a healthy Pipeline. We review and update our deal 3756 02:09:15,017 --> 02:09:16,686 pipeline. We review and update our deal Standards at least annually for 3757 02:09:16,686 --> 02:09:17,453 we review and update our deal Standards at least annually for Each deal type. 3758 02:09:17,453 --> 02:09:20,122 standards at least annually for Each deal type. When we set those partnership 3759 02:09:20,122 --> 02:09:21,992 each deal type. When we set those partnership Term terms, we‘re working really 3760 02:09:21,992 --> 02:09:24,493 when we set those partnership Term terms, we‘re working really Hard to strike a balance to get 3761 02:09:24,493 --> 02:09:27,263 term terms, we‘re working really Hard to strike a balance to get The most value for travis county 3762 02:09:27,263 --> 02:09:29,499 hard to strike a balance to get The most value for travis county Residents and ensure that the 3763 02:09:29,499 --> 02:09:31,433 the most value for travis county Residents and ensure that the Deal can still move forward, 3764 02:09:31,433 --> 02:09:33,068 residents and ensure that the Deal can still move forward, That it‘s financially feasible. 3765 02:09:33,068 --> 02:09:36,840 deal can still move forward, That it‘s financially feasible. And so we are interested in 3766 02:09:36,840 --> 02:09:38,675 that it‘s financially feasible. And so we are interested in Scale, but we are being very 3767 02:09:38,675 --> 02:09:40,943 and so we are interested in Scale, but we are being very Careful to ensure that when 3768 02:09:40,943 --> 02:09:42,378 scale, but we are being very Careful to ensure that when We‘re looking at a pipeline, 3769 02:09:42,378 --> 02:09:44,347 careful to ensure that when We‘re looking at a pipeline, We‘re really confident that the 3770 02:09:44,347 --> 02:09:45,982 we‘re looking at a pipeline, We‘re really confident that the Deals in that pipeline are 3771 02:09:45,982 --> 02:09:47,517 we‘re really confident that the Deals in that pipeline are Bringing real affordability and 3772 02:09:47,517 --> 02:09:49,219 deals in that pipeline are Bringing real affordability and Real quality to the county. 3773 02:09:49,219 --> 02:09:52,155 bringing real affordability and Real quality to the county. As you well know, the temporary 3774 02:09:52,155 --> 02:09:53,990 real quality to the county. As you well know, the temporary Surge of supply and rental 3775 02:09:53,990 --> 02:09:56,692 as you well know, the temporary Surge of supply and rental Housing has created vacancy in 3776 02:09:56,692 --> 02:09:58,995 surge of supply and rental Housing has created vacancy in The rental market and soft 3777 02:09:58,995 --> 02:10:00,996 housing has created vacancy in The rental market and soft Rents, and that has made it 3778 02:10:00,996 --> 02:10:02,631 the rental market and soft Rents, and that has made it Quite difficult for our partners 3779 02:10:02,631 --> 02:10:04,300 rents, and that has made it Quite difficult for our partners To secure debt and equity for 3780 02:10:04,300 --> 02:10:05,101 quite difficult for our partners To secure debt and equity for Their deals. 3781 02:10:05,101 --> 02:10:07,003 to secure debt and equity for Their deals. As a result, we‘ve had quite a 3782 02:10:07,003 --> 02:10:09,004 their deals. As a result, we‘ve had quite a Few deals stall or fall out of 3783 02:10:09,004 --> 02:10:10,006 as a result, we‘ve had quite a Few deals stall or fall out of Our pipeline. 3784 02:10:10,006 --> 02:10:12,475 few deals stall or fall out of Our pipeline. So against that backdrop, we‘re 3785 02:10:12,475 --> 02:10:14,144 our pipeline. So against that backdrop, we‘re Actually very pleased to have 3786 02:10:14,144 --> 02:10:16,412 so against that backdrop, we‘re Actually very pleased to have Six projects in the active 3787 02:10:16,412 --> 02:10:17,379 actually very pleased to have Six projects in the active Underwriting process. 3788 02:10:17,379 --> 02:10:19,882 six projects in the active Underwriting process. These projects represent a mix 3789 02:10:19,882 --> 02:10:22,252 underwriting process. These projects represent a mix Of tax credit and mixed income 3790 02:10:22,252 --> 02:10:23,686 these projects represent a mix Of tax credit and mixed income Or workforce units. 3791 02:10:23,686 --> 02:10:26,622 of tax credit and mixed income Or workforce units. And I will say that we when we 3792 02:10:26,622 --> 02:10:28,358 or workforce units. And I will say that we when we Look at this, compared to the 3793 02:10:28,358 --> 02:10:31,794 and I will say that we when we Look at this, compared to the Map of our existing portfolio, 3794 02:10:31,794 --> 02:10:33,429 look at this, compared to the Map of our existing portfolio, We do see some improvement in 3795 02:10:33,429 --> 02:10:35,564 map of our existing portfolio, We do see some improvement in The geographic concentration. 3796 02:10:35,564 --> 02:10:38,468 we do see some improvement in The geographic concentration. That is in part thanks to mixed 3797 02:10:38,468 --> 02:10:39,669 the geographic concentration. That is in part thanks to mixed Income properties, that which we 3798 02:10:39,669 --> 02:10:41,970 that is in part thanks to mixed Income properties, that which we Have a little easier time 3799 02:10:41,970 --> 02:10:43,573 income properties, that which we Have a little easier time Locating in other parts of town. 3800 02:10:43,573 --> 02:10:46,041 have a little easier time Locating in other parts of town. And then I also want to note 3801 02:10:46,041 --> 02:10:48,445 locating in other parts of town. And then I also want to note That a quarter of the units 3802 02:10:48,445 --> 02:10:51,614 and then I also want to note That a quarter of the units Represented here are at 50% or 3803 02:10:51,614 --> 02:10:54,851 that a quarter of the units Represented here are at 50% or Below mfi, and that‘s a big 3804 02:10:54,851 --> 02:10:56,085 represented here are at 50% or Below mfi, and that‘s a big Change for strategic. 3805 02:10:56,085 --> 02:10:58,188 below mfi, and that‘s a big Change for strategic. Our historic portfolio. 3806 02:10:58,188 --> 02:11:00,990 change for strategic. Our historic portfolio. When we did our first analysis 3807 02:11:00,990 --> 02:11:03,827 our historic portfolio. When we did our first analysis Was 95% at 60% am I. 3808 02:11:03,827 --> 02:11:07,196 when we did our first analysis Was 95% at 60% am I. And so should all of these 3809 02:11:07,196 --> 02:11:08,131 was 95% at 60% am I. And so should all of these Projects come 3810 02:11:08,131 --> 02:11:08,732 and so should all of these Projects come >> come to fruition. 3811 02:11:08,732 --> 02:11:11,233 projects come >> come to fruition. It would actually represent a 3812 02:11:11,233 --> 02:11:14,169 >> come to fruition. It would actually represent a 250% increase in 50% units in 3813 02:11:14,169 --> 02:11:15,171 it would actually represent a 250% increase in 50% units in Our portfolio. 3814 02:11:15,171 --> 02:11:16,306 250% increase in 50% units in Our portfolio. >> that‘s fabulous. 3815 02:11:16,306 --> 02:11:18,040 our portfolio. >> that‘s fabulous. That‘s what we‘re hearing is 3816 02:11:18,040 --> 02:11:19,575 >> that‘s fabulous. That‘s what we‘re hearing is There‘s a really great need for 3817 02:11:19,575 --> 02:11:22,077 that‘s what we‘re hearing is There‘s a really great need for The even lower area median 3818 02:11:22,077 --> 02:11:23,580 there‘s a really great need for The even lower area median Income priced units. 3819 02:11:23,580 --> 02:11:26,583 the even lower area median Income priced units. >> and that‘s a result of our 3820 02:11:26,583 --> 02:11:27,449 income priced units. >> and that‘s a result of our Policy work. 3821 02:11:27,449 --> 02:11:31,688 >> and that‘s a result of our Policy work. We have in both our workforce 3822 02:11:31,688 --> 02:11:33,990 policy work. We have in both our workforce Projects and our tech deals. 3823 02:11:33,990 --> 02:11:36,925 we have in both our workforce Projects and our tech deals. Asked our developers to have at 3824 02:11:36,925 --> 02:11:39,128 projects and our tech deals. Asked our developers to have at Least 10% of those units set 3825 02:11:39,128 --> 02:11:40,296 asked our developers to have at Least 10% of those units set Aside at 50%. 3826 02:11:40,296 --> 02:11:42,732 least 10% of those units set Aside at 50%. They may do more, but we want to 3827 02:11:42,732 --> 02:11:44,733 aside at 50%. They may do more, but we want to Make sure that we do this both 3828 02:11:44,733 --> 02:11:46,770 they may do more, but we want to Make sure that we do this both To reach the affordability needs 3829 02:11:46,770 --> 02:11:48,138 make sure that we do this both To reach the affordability needs And, frankly, for the health of 3830 02:11:48,138 --> 02:11:50,807 to reach the affordability needs And, frankly, for the health of Our portfolio so that we have a 3831 02:11:50,807 --> 02:11:52,341 and, frankly, for the health of Our portfolio so that we have a Diversity of income levels and 3832 02:11:52,341 --> 02:11:54,144 our portfolio so that we have a Diversity of income levels and We‘re not so vulnerable to 3833 02:11:54,144 --> 02:11:56,946 diversity of income levels and We‘re not so vulnerable to Vacancy. 3834 02:11:56,946 --> 02:11:58,881 we‘re not so vulnerable to Vacancy. So we‘ll go to the next slide. 3835 02:11:58,881 --> 02:12:01,750 vacancy. So we‘ll go to the next slide. So how do we do this? 3836 02:12:01,750 --> 02:12:03,820 so we‘ll go to the next slide. So how do we do this? How do we invest in these 3837 02:12:03,820 --> 02:12:04,087 so how do we do this? How do we invest in these Projects? 3838 02:12:04,087 --> 02:12:08,158 how do we invest in these Projects? As an hfc, our primary tools, as 3839 02:12:08,158 --> 02:12:09,825 projects? As an hfc, our primary tools, as You know, are our authority to 3840 02:12:09,825 --> 02:12:11,460 as an hfc, our primary tools, as You know, are our authority to Issue low interest debt in the 3841 02:12:11,460 --> 02:12:14,196 you know, are our authority to Issue low interest debt in the Form of bonds that also unlocks 3842 02:12:14,196 --> 02:12:17,300 issue low interest debt in the Form of bonds that also unlocks Tax credit and equity and our 3843 02:12:17,300 --> 02:12:19,368 form of bonds that also unlocks Tax credit and equity and our Ability to confer a property tax 3844 02:12:19,368 --> 02:12:19,635 tax credit and equity and our Ability to confer a property tax Exemption. 3845 02:12:19,635 --> 02:12:21,104 ability to confer a property tax Exemption. When we enter a partnership. 3846 02:12:21,104 --> 02:12:22,905 exemption. When we enter a partnership. Those will continue to be 3847 02:12:22,905 --> 02:12:25,909 when we enter a partnership. Those will continue to be Critical tools, but we do want 3848 02:12:25,909 --> 02:12:28,510 those will continue to be Critical tools, but we do want To expand that toolkit. 3849 02:12:28,510 --> 02:12:31,047 critical tools, but we do want To expand that toolkit. And so we have begun directing 3850 02:12:31,047 --> 02:12:32,682 to expand that toolkit. And so we have begun directing Available revenue into special 3851 02:12:32,682 --> 02:12:34,250 and so we have begun directing Available revenue into special Board designated funds. 3852 02:12:34,250 --> 02:12:35,851 available revenue into special Board designated funds. And I‘d like to share the 3853 02:12:35,851 --> 02:12:37,053 board designated funds. And I‘d like to share the Details of a couple of funds 3854 02:12:37,053 --> 02:12:39,855 and I‘d like to share the Details of a couple of funds That we are now deploying that 3855 02:12:39,855 --> 02:12:41,691 details of a couple of funds That we are now deploying that Support both the supply of 3856 02:12:41,691 --> 02:12:43,827 that we are now deploying that Support both the supply of Affordable housing and good 3857 02:12:43,827 --> 02:12:44,894 support both the supply of Affordable housing and good Stewardship of our portfolio. 3858 02:12:44,894 --> 02:12:47,597 affordable housing and good Stewardship of our portfolio. So first, I‘ll speak to the 3859 02:12:47,597 --> 02:12:48,497 stewardship of our portfolio. So first, I‘ll speak to the Housing production fund. 3860 02:12:48,497 --> 02:12:52,334 so first, I‘ll speak to the Housing production fund. As a reminder, we created this 3861 02:12:52,334 --> 02:12:54,003 housing production fund. As a reminder, we created this As a tool to catalyze the 3862 02:12:54,003 --> 02:12:55,071 as a reminder, we created this As a tool to catalyze the Development of affordable 3863 02:12:55,071 --> 02:12:55,304 as a tool to catalyze the Development of affordable Housing. 3864 02:12:55,304 --> 02:12:57,206 development of affordable Housing. And the idea here is that the 3865 02:12:57,206 --> 02:12:59,274 housing. And the idea here is that the Fund will help us meet policy 3866 02:12:59,274 --> 02:12:59,476 and the idea here is that the Fund will help us meet policy Goals. 3867 02:12:59,476 --> 02:13:01,111 fund will help us meet policy Goals. So that may be deeper 3868 02:13:01,111 --> 02:13:01,443 goals. So that may be deeper Affordability. 3869 02:13:01,443 --> 02:13:03,979 so that may be deeper Affordability. It may be geographic diversity 3870 02:13:03,979 --> 02:13:06,850 affordability. It may be geographic diversity Or higher quality, or especially 3871 02:13:06,850 --> 02:13:08,952 it may be geographic diversity Or higher quality, or especially In difficult market conditions 3872 02:13:08,952 --> 02:13:10,820 or higher quality, or especially In difficult market conditions Like we now find ourselves in. 3873 02:13:10,820 --> 02:13:12,489 in difficult market conditions Like we now find ourselves in. It may provide us those 3874 02:13:12,489 --> 02:13:14,424 like we now find ourselves in. It may provide us those Additional resources that are 3875 02:13:14,424 --> 02:13:16,659 it may provide us those Additional resources that are Necessary to just get a deal to 3876 02:13:16,659 --> 02:13:17,861 additional resources that are Necessary to just get a deal to The finish line. 3877 02:13:17,861 --> 02:13:21,297 necessary to just get a deal to The finish line. So the balance of the fund is 3878 02:13:21,297 --> 02:13:22,865 the finish line. So the balance of the fund is Currently $15 million. 3879 02:13:22,865 --> 02:13:24,433 so the balance of the fund is Currently $15 million. And we are now beginning to 3880 02:13:24,433 --> 02:13:24,968 currently $15 million. And we are now beginning to Deploy it. 3881 02:13:24,968 --> 02:13:28,171 and we are now beginning to Deploy it. The fund is structured 3882 02:13:28,171 --> 02:13:30,240 deploy it. The fund is structured Effectively as a revolving loan 3883 02:13:30,240 --> 02:13:30,439 the fund is structured Effectively as a revolving loan Fund. 3884 02:13:30,439 --> 02:13:33,108 effectively as a revolving loan Fund. So in the short term we expect 3885 02:13:33,108 --> 02:13:35,611 fund. So in the short term we expect To use these funds to bridge 3886 02:13:35,611 --> 02:13:37,780 so in the short term we expect To use these funds to bridge Financing gaps for our partners. 3887 02:13:37,780 --> 02:13:39,816 to use these funds to bridge Financing gaps for our partners. And those gaps are being driven 3888 02:13:39,816 --> 02:13:41,317 financing gaps for our partners. And those gaps are being driven By higher vacancy rates and 3889 02:13:41,317 --> 02:13:42,152 and those gaps are being driven By higher vacancy rates and Lower rents. 3890 02:13:42,152 --> 02:13:45,854 by higher vacancy rates and Lower rents. We are structuring the loans as 3891 02:13:45,854 --> 02:13:49,125 lower rents. We are structuring the loans as A subordinate to the senior 3892 02:13:49,125 --> 02:13:49,324 we are structuring the loans as A subordinate to the senior Debt. 3893 02:13:49,324 --> 02:13:51,594 a subordinate to the senior Debt. So either construction or 3894 02:13:51,594 --> 02:13:53,496 debt. So either construction or Permanent lending, and they‘ll 3895 02:13:53,496 --> 02:13:54,797 so either construction or Permanent lending, and they‘ll Be typically be repayable 3896 02:13:54,797 --> 02:13:55,999 permanent lending, and they‘ll Be typically be repayable Through net cash flow. 3897 02:13:55,999 --> 02:13:58,300 be typically be repayable Through net cash flow. So that would happen as the 3898 02:13:58,300 --> 02:14:02,272 through net cash flow. So that would happen as the Market improves, as the project 3899 02:14:02,272 --> 02:14:04,706 so that would happen as the Market improves, as the project Stabilizes or at refinance, or 3900 02:14:04,706 --> 02:14:07,010 market improves, as the project Stabilizes or at refinance, or When a partner leaves and sells 3901 02:14:07,010 --> 02:14:08,010 stabilizes or at refinance, or When a partner leaves and sells Their interest in the property. 3902 02:14:08,010 --> 02:14:11,448 when a partner leaves and sells Their interest in the property. Those funds would come back to 3903 02:14:11,448 --> 02:14:13,382 their interest in the property. Those funds would come back to Strategic with a modest interest 3904 02:14:13,382 --> 02:14:17,219 those funds would come back to Strategic with a modest interest Rate because the funds are 3905 02:14:17,219 --> 02:14:18,787 strategic with a modest interest Rate because the funds are Limited, we are focusing these 3906 02:14:18,787 --> 02:14:21,990 rate because the funds are Limited, we are focusing these On deals which we think really 3907 02:14:21,990 --> 02:14:23,926 limited, we are focusing these On deals which we think really Produce quality and impact as 3908 02:14:23,926 --> 02:14:26,296 on deals which we think really Produce quality and impact as Measured by our strategic 3909 02:14:26,296 --> 02:14:28,064 produce quality and impact as Measured by our strategic Affordability impact measure, 3910 02:14:28,064 --> 02:14:30,165 measured by our strategic Affordability impact measure, Which, as you may recall, 3911 02:14:30,165 --> 02:14:31,233 affordability impact measure, Which, as you may recall, Balances the number of units, 3912 02:14:31,233 --> 02:14:34,003 which, as you may recall, Balances the number of units, The size, the location, the 3913 02:14:34,003 --> 02:14:35,604 balances the number of units, The size, the location, the Depth of affordability, and the 3914 02:14:35,604 --> 02:14:36,439 the size, the location, the Depth of affordability, and the Length of affordability. 3915 02:14:36,439 --> 02:14:37,973 depth of affordability, and the Length of affordability. >> diana, right now, are you 3916 02:14:37,973 --> 02:14:41,176 length of affordability. >> diana, right now, are you Just using this fund to support 3917 02:14:41,176 --> 02:14:43,446 >> diana, right now, are you Just using this fund to support Deals that you all are part of? 3918 02:14:43,446 --> 02:14:44,280 just using this fund to support Deals that you all are part of? >> correct. 3919 02:14:44,280 --> 02:14:45,013 deals that you all are part of? >> correct. That‘s right. 3920 02:14:45,013 --> 02:14:49,852 >> correct. That‘s right. And so really, thus far, we are 3921 02:14:49,852 --> 02:14:51,121 that‘s right. And so really, thus far, we are Primarily looking at deals that 3922 02:14:51,121 --> 02:14:53,355 and so really, thus far, we are Primarily looking at deals that Were already in our pipeline but 3923 02:14:53,355 --> 02:14:55,124 primarily looking at deals that Were already in our pipeline but Had stalled because of the 3924 02:14:55,124 --> 02:14:56,959 were already in our pipeline but Had stalled because of the Changes in the market 3925 02:14:56,959 --> 02:14:57,260 had stalled because of the Changes in the market Conditions. 3926 02:14:57,260 --> 02:15:00,463 changes in the market Conditions. It is important because, as you 3927 02:15:00,463 --> 02:15:03,165 conditions. It is important because, as you Know, we are self-sufficient 3928 02:15:03,165 --> 02:15:06,469 it is important because, as you Know, we are self-sufficient Financially that we use this to 3929 02:15:06,469 --> 02:15:07,904 know, we are self-sufficient Financially that we use this to Generate deals, that we continue 3930 02:15:07,904 --> 02:15:10,773 financially that we use this to Generate deals, that we continue To see some revenue over time 3931 02:15:10,773 --> 02:15:12,341 generate deals, that we continue To see some revenue over time For our own stability. 3932 02:15:12,341 --> 02:15:14,844 to see some revenue over time For our own stability. But we can be patient and we can 3933 02:15:14,844 --> 02:15:16,813 for our own stability. But we can be patient and we can Provide preferential financing 3934 02:15:16,813 --> 02:15:17,580 but we can be patient and we can Provide preferential financing Options for partners. 3935 02:15:17,580 --> 02:15:19,648 provide preferential financing Options for partners. >> voted to invest. 3936 02:15:19,648 --> 02:15:23,887 options for partners. >> voted to invest. Contribute funding from our pot 3937 02:15:23,887 --> 02:15:26,054 >> voted to invest. Contribute funding from our pot Of money that we earn through 3938 02:15:26,054 --> 02:15:27,857 contribute funding from our pot Of money that we earn through Housing deals to the austin 3939 02:15:27,857 --> 02:15:29,225 of money that we earn through Housing deals to the austin Community foundations. 3940 02:15:29,225 --> 02:15:30,593 housing deals to the austin Community foundations. I forget what they‘re calling 3941 02:15:30,593 --> 02:15:30,760 community foundations. I forget what they‘re calling It. 3942 02:15:30,760 --> 02:15:32,195 I forget what they‘re calling It. Accelerator fund, accelerator 3943 02:15:32,195 --> 02:15:34,297 it. Accelerator fund, accelerator Fund, but it sounds similar to 3944 02:15:34,297 --> 02:15:34,763 accelerator fund, accelerator Fund, but it sounds similar to This fund. 3945 02:15:34,763 --> 02:15:37,600 fund, but it sounds similar to This fund. >> yes, it‘s similar in concept. 3946 02:15:37,600 --> 02:15:39,769 this fund. >> yes, it‘s similar in concept. I would say my understanding of 3947 02:15:39,769 --> 02:15:41,436 >> yes, it‘s similar in concept. I would say my understanding of The accelerator fund is it tends 3948 02:15:41,436 --> 02:15:44,073 I would say my understanding of The accelerator fund is it tends To be a little more on the 3949 02:15:44,073 --> 02:15:46,108 the accelerator fund is it tends To be a little more on the Pre-development and acquisition 3950 02:15:46,108 --> 02:15:46,308 to be a little more on the Pre-development and acquisition Side. 3951 02:15:46,308 --> 02:15:49,746 pre-development and acquisition Side. This would be a similar concept, 3952 02:15:49,746 --> 02:15:51,114 side. This would be a similar concept, Perhaps a little more patient 3953 02:15:51,114 --> 02:15:53,516 this would be a similar concept, Perhaps a little more patient Into operations, but I think we 3954 02:15:53,516 --> 02:15:57,152 perhaps a little more patient Into operations, but I think we Are interested in working with 3955 02:15:57,152 --> 02:15:59,088 into operations, but I think we Are interested in working with Entities like acf to see whether 3956 02:15:59,088 --> 02:16:01,824 are interested in working with Entities like acf to see whether We can leverage this over time, 3957 02:16:01,824 --> 02:16:04,193 entities like acf to see whether We can leverage this over time, Or even looking to some of the 3958 02:16:04,193 --> 02:16:05,327 we can leverage this over time, Or even looking to some of the National community development 3959 02:16:05,327 --> 02:16:07,397 or even looking to some of the National community development Financial institutions to see 3960 02:16:07,397 --> 02:16:09,264 national community development Financial institutions to see Whether we can grow impact in 3961 02:16:09,264 --> 02:16:10,132 financial institutions to see Whether we can grow impact in The short term. 3962 02:16:10,132 --> 02:16:11,334 whether we can grow impact in The short term. We are looking forward to 3963 02:16:11,334 --> 02:16:13,536 the short term. We are looking forward to Bringing our first loan to the 3964 02:16:13,536 --> 02:16:15,571 we are looking forward to Bringing our first loan to the Board in the next 30 to 60 days. 3965 02:16:15,571 --> 02:16:16,138 bringing our first loan to the Board in the next 30 to 60 days. >> great. 3966 02:16:16,138 --> 02:16:18,942 board in the next 30 to 60 days. >> great. >> we‘ve been hearing 3967 02:16:18,942 --> 02:16:20,276 >> great. >> we‘ve been hearing Demographic reports lately about 3968 02:16:20,276 --> 02:16:22,111 >> we‘ve been hearing Demographic reports lately about Loss of population, partly 3969 02:16:22,111 --> 02:16:24,246 demographic reports lately about Loss of population, partly Driven by crackdowns on 3970 02:16:24,246 --> 02:16:24,547 loss of population, partly Driven by crackdowns on Immigration. 3971 02:16:24,547 --> 02:16:28,584 driven by crackdowns on Immigration. How is that factoring into 3972 02:16:28,584 --> 02:16:28,885 immigration. How is that factoring into Projections? 3973 02:16:28,885 --> 02:16:30,620 how is that factoring into Projections? I know that we don‘t seem to be 3974 02:16:30,620 --> 02:16:33,990 projections? I know that we don‘t seem to be Great at managing the boom and 3975 02:16:33,990 --> 02:16:34,756 I know that we don‘t seem to be Great at managing the boom and Bust cycles. 3976 02:16:34,756 --> 02:16:36,492 great at managing the boom and Bust cycles. On development of new housing. 3977 02:16:36,492 --> 02:16:38,827 bust cycles. On development of new housing. In fact, 5000 units were 3978 02:16:38,827 --> 02:16:42,030 on development of new housing. In fact, 5000 units were Scheduled to come on in the 3979 02:16:42,030 --> 02:16:43,899 in fact, 5000 units were Scheduled to come on in the Apartment world over a two year 3980 02:16:43,899 --> 02:16:44,132 scheduled to come on in the Apartment world over a two year Period. 3981 02:16:44,132 --> 02:16:46,269 apartment world over a two year Period. I think you say 3000 new units 3982 02:16:46,269 --> 02:16:48,203 period. I think you say 3000 new units Came on last year, correct? 3983 02:16:48,203 --> 02:16:50,273 I think you say 3000 new units Came on last year, correct? And that‘s part of what‘s 3984 02:16:50,273 --> 02:16:53,009 came on last year, correct? And that‘s part of what‘s Driving down the price of of 3985 02:16:53,009 --> 02:16:54,611 and that‘s part of what‘s Driving down the price of of Rental units, which is good for 3986 02:16:54,611 --> 02:16:55,378 driving down the price of of Rental units, which is good for The consumer. 3987 02:16:55,378 --> 02:16:58,181 rental units, which is good for The consumer. But it‘s also affecting our 3988 02:16:58,181 --> 02:16:59,682 the consumer. But it‘s also affecting our Affordable housing units. 3989 02:16:59,682 --> 02:17:01,784 but it‘s also affecting our Affordable housing units. I think you say this is caused 3990 02:17:01,784 --> 02:17:03,051 affordable housing units. I think you say this is caused Higher vacancies than you. 3991 02:17:03,051 --> 02:17:04,387 I think you say this is caused Higher vacancies than you. That‘s correct. 3992 02:17:04,387 --> 02:17:05,088 higher vacancies than you. That‘s correct. Traditionally seen. 3993 02:17:05,088 --> 02:17:08,424 that‘s correct. Traditionally seen. How do you see that evolving 3994 02:17:08,424 --> 02:17:10,894 traditionally seen. How do you see that evolving With these new demographic data 3995 02:17:10,894 --> 02:17:13,328 how do you see that evolving With these new demographic data Points about loss of population. 3996 02:17:13,328 --> 02:17:16,632 with these new demographic data Points about loss of population. >> so I don‘t know that we have 3997 02:17:16,632 --> 02:17:17,500 points about loss of population. >> so I don‘t know that we have A clear answer. 3998 02:17:17,500 --> 02:17:19,502 >> so I don‘t know that we have A clear answer. I will say, and I should say 3999 02:17:19,502 --> 02:17:22,438 a clear answer. I will say, and I should say That our portfolio overall is 4000 02:17:22,438 --> 02:17:25,774 I will say, and I should say That our portfolio overall is Sitting at 83% vacant. 4001 02:17:25,774 --> 02:17:27,644 that our portfolio overall is Sitting at 83% vacant. Excuse me, occupancy right now. 4002 02:17:27,644 --> 02:17:30,046 sitting at 83% vacant. Excuse me, occupancy right now. And it has stabilized. 4003 02:17:30,046 --> 02:17:31,314 excuse me, occupancy right now. And it has stabilized. We‘ll talk a little bit more 4004 02:17:31,314 --> 02:17:32,047 and it has stabilized. We‘ll talk a little bit more About that in a moment. 4005 02:17:32,047 --> 02:17:35,618 we‘ll talk a little bit more About that in a moment. Most of the analysis that we‘re 4006 02:17:35,618 --> 02:17:38,121 about that in a moment. Most of the analysis that we‘re Seeing still believes the 4007 02:17:38,121 --> 02:17:39,121 most of the analysis that we‘re Seeing still believes the Fundamentals are strong for 4008 02:17:39,121 --> 02:17:40,990 seeing still believes the Fundamentals are strong for Travis county, that our 4009 02:17:40,990 --> 02:17:42,392 fundamentals are strong for Travis county, that our Population is growing, that we 4010 02:17:42,392 --> 02:17:43,959 travis county, that our Population is growing, that we Have, you know, relatively 4011 02:17:43,959 --> 02:17:45,628 population is growing, that we Have, you know, relatively Robust job creation, etc. 4012 02:17:45,628 --> 02:17:48,865 have, you know, relatively Robust job creation, etc. That said, of course, the 4013 02:17:48,865 --> 02:17:50,600 robust job creation, etc. That said, of course, the Fundamental of what is happening 4014 02:17:50,600 --> 02:17:52,801 that said, of course, the Fundamental of what is happening With immigration enforcement is 4015 02:17:52,801 --> 02:17:55,237 fundamental of what is happening With immigration enforcement is It‘s a population which we by 4016 02:17:55,237 --> 02:17:56,506 with immigration enforcement is It‘s a population which we by Definition, don‘t have great 4017 02:17:56,506 --> 02:17:56,739 it‘s a population which we by Definition, don‘t have great Numbers. 4018 02:17:56,739 --> 02:17:59,074 definition, don‘t have great Numbers. I don‘t know whether in your 4019 02:17:59,074 --> 02:18:00,543 numbers. I don‘t know whether in your Work and sort of asset 4020 02:18:00,543 --> 02:18:00,843 I don‘t know whether in your Work and sort of asset Management. 4021 02:18:00,843 --> 02:18:02,245 work and sort of asset Management. President huddleston, you‘ve, 4022 02:18:02,245 --> 02:18:04,780 management. President huddleston, you‘ve, You know, had any insight into 4023 02:18:04,780 --> 02:18:08,017 president huddleston, you‘ve, You know, had any insight into What is predicted there. 4024 02:18:08,017 --> 02:18:10,852 you know, had any insight into What is predicted there. >> I think to speak to where the 4025 02:18:10,852 --> 02:18:15,124 what is predicted there. >> I think to speak to where the Market is today, over 75% of the 4026 02:18:15,124 --> 02:18:17,192 >> I think to speak to where the Market is today, over 75% of the Conventional rate, market rate 4027 02:18:17,192 --> 02:18:19,361 market is today, over 75% of the Conventional rate, market rate Apartments are competing with at 4028 02:18:19,361 --> 02:18:22,764 conventional rate, market rate Apartments are competing with at That 51% ami level directly with 4029 02:18:22,764 --> 02:18:24,567 apartments are competing with at That 51% ami level directly with Our portfolio. 4030 02:18:24,567 --> 02:18:27,870 that 51% ami level directly with Our portfolio. And what it looks like in the 4031 02:18:27,870 --> 02:18:28,104 our portfolio. And what it looks like in the Future. 4032 02:18:28,104 --> 02:18:31,206 and what it looks like in the Future. I do think we we need to be 4033 02:18:31,206 --> 02:18:32,942 future. I do think we we need to be Mindl of population growth 4034 02:18:32,942 --> 02:18:34,544 I do think we we need to be Mindl of population growth Because to your point, I don‘t 4035 02:18:34,544 --> 02:18:35,912 mindl of population growth Because to your point, I don‘t Think we are seeing the boom 4036 02:18:35,912 --> 02:18:39,749 because to your point, I don‘t Think we are seeing the boom That we saw in in 21 to really 4037 02:18:39,749 --> 02:18:40,916 think we are seeing the boom That we saw in in 21 to really Catalyze all of the development 4038 02:18:40,916 --> 02:18:41,651 that we saw in in 21 to really Catalyze all of the development That is ming. 4039 02:18:41,651 --> 02:18:43,318 catalyze all of the development That is ming. And so it‘s something that will 4040 02:18:43,318 --> 02:18:45,821 that is ming. And so it‘s something that will Definitely have a pulse on going 4041 02:18:45,821 --> 02:18:46,054 and so it‘s something that will Definitely have a pulse on going Forward. 4042 02:18:46,054 --> 02:18:47,790 definitely have a pulse on going Forward. It‘s something that‘s of 4043 02:18:47,790 --> 02:18:51,159 forward. It‘s something that‘s of Particular interest to me in 4044 02:18:51,159 --> 02:18:54,097 it‘s something that‘s of Particular interest to me in Getting the the. 4045 02:18:54,097 --> 02:19:00,036 particular interest to me in Getting the the. Vacancy down is in housing, as 4046 02:19:00,036 --> 02:19:01,770 getting the the. Vacancy down is in housing, as Many of our travis county 4047 02:19:01,770 --> 02:19:02,638 vacancy down is in housing, as Many of our travis county Neighbors as possible. 4048 02:19:02,638 --> 02:19:04,374 many of our travis county Neighbors as possible. So it‘s something that we‘ll 4049 02:19:04,374 --> 02:19:06,808 neighbors as possible. So it‘s something that we‘ll We‘ll continue to monitor. 4050 02:19:06,808 --> 02:19:09,212 so it‘s something that we‘ll We‘ll continue to monitor. And I think our risk rating 4051 02:19:09,212 --> 02:19:11,347 we‘ll continue to monitor. And I think our risk rating Platform that we will talk 4052 02:19:11,347 --> 02:19:12,615 and I think our risk rating Platform that we will talk About, we‘ll kind of show you 4053 02:19:12,615 --> 02:19:14,517 platform that we will talk About, we‘ll kind of show you How we‘re monitoring that risk 4054 02:19:14,517 --> 02:19:15,851 about, we‘ll kind of show you How we‘re monitoring that risk And intervening. 4055 02:19:15,851 --> 02:19:16,351 how we‘re monitoring that risk And intervening. >> thank you. 4056 02:19:16,351 --> 02:19:18,688 and intervening. >> thank you. Just just to piggyback on that a 4057 02:19:18,688 --> 02:19:22,024 >> thank you. Just just to piggyback on that a Little, I‘m concerned that a lot 4058 02:19:22,024 --> 02:19:24,861 just just to piggyback on that a Little, I‘m concerned that a lot Of people that were traditional 4059 02:19:24,861 --> 02:19:28,331 little, I‘m concerned that a lot Of people that were traditional East austin families, as I get 4060 02:19:28,331 --> 02:19:31,334 of people that were traditional East austin families, as I get Older on fixed incomes, it looks 4061 02:19:31,334 --> 02:19:34,236 east austin families, as I get Older on fixed incomes, it looks Like 183 is yeah. 4062 02:19:34,236 --> 02:19:36,973 older on fixed incomes, it looks Like 183 is yeah. 183 looks like what, 35 looked 4063 02:19:36,973 --> 02:19:38,540 like 183 is yeah. 183 looks like what, 35 looked Like 50 years ago that we‘re 4064 02:19:38,540 --> 02:19:40,642 183 looks like what, 35 looked Like 50 years ago that we‘re Moving people out and we‘re 4065 02:19:40,642 --> 02:19:42,679 like 50 years ago that we‘re Moving people out and we‘re Moving them into places where we 4066 02:19:42,679 --> 02:19:45,247 moving people out and we‘re Moving them into places where we Don‘t have nearly as many 4067 02:19:45,247 --> 02:19:46,381 moving them into places where we Don‘t have nearly as many Resources for them. 4068 02:19:46,381 --> 02:19:48,718 don‘t have nearly as many Resources for them. So my question really is, have 4069 02:19:48,718 --> 02:19:52,054 resources for them. So my question really is, have We considered or are we allowed 4070 02:19:52,054 --> 02:19:54,057 so my question really is, have We considered or are we allowed To look at partnerships that 4071 02:19:54,057 --> 02:19:57,260 we considered or are we allowed To look at partnerships that Will provide more services in 4072 02:19:57,260 --> 02:19:58,493 to look at partnerships that Will provide more services in Our facilities? 4073 02:19:58,493 --> 02:20:00,830 will provide more services in Our facilities? Is there an opportunity to 4074 02:20:00,830 --> 02:20:03,098 our facilities? Is there an opportunity to Partner with central health? 4075 02:20:03,098 --> 02:20:05,902 is there an opportunity to Partner with central health? Is there an opportunity to 4076 02:20:05,902 --> 02:20:08,371 partner with central health? Is there an opportunity to Partner with the dell medical 4077 02:20:08,371 --> 02:20:12,574 is there an opportunity to Partner with the dell medical Center so that we are so that 4078 02:20:12,574 --> 02:20:15,445 partner with the dell medical Center so that we are so that Through creative financing or 4079 02:20:15,445 --> 02:20:17,746 center so that we are so that Through creative financing or Through through academic 4080 02:20:17,746 --> 02:20:19,716 through creative financing or Through through academic Training processes, is able to 4081 02:20:19,716 --> 02:20:21,983 through through academic Training processes, is able to Provide more services, 4082 02:20:21,983 --> 02:20:23,486 training processes, is able to Provide more services, Partularly for our elderly 4083 02:20:23,486 --> 02:20:25,854 provide more services, Partularly for our elderly Population, population, and keep 4084 02:20:25,854 --> 02:20:27,889 partularly for our elderly Population, population, and keep Them in town rather than pushing 4085 02:20:27,889 --> 02:20:29,659 population, population, and keep Them in town rather than pushing Them out where maybe they can 4086 02:20:29,659 --> 02:20:30,860 them in town rather than pushing Them out where maybe they can Afford it better, but they don‘t 4087 02:20:30,860 --> 02:20:32,895 them out where maybe they can Afford it better, but they don‘t Get the services that they need. 4088 02:20:32,895 --> 02:20:37,432 afford it better, but they don‘t Get the services that they need. Have we have we considered any 4089 02:20:37,432 --> 02:20:38,534 get the services that they need. Have we have we considered any Opportunities to do that, and 4090 02:20:38,534 --> 02:20:41,404 have we have we considered any Opportunities to do that, and Are there any, any legal 4091 02:20:41,404 --> 02:20:43,172 opportunities to do that, and Are there any, any legal Prohibitions for those types of 4092 02:20:43,172 --> 02:20:45,742 are there any, any legal Prohibitions for those types of Partnerships to exist? 4093 02:20:45,742 --> 02:20:48,044 prohibitions for those types of Partnerships to exist? >> so there there are no legal 4094 02:20:48,044 --> 02:20:49,679 partnerships to exist? >> so there there are no legal Prohibitions for those 4095 02:20:49,679 --> 02:20:50,013 >> so there there are no legal Prohibitions for those Partnerships. 4096 02:20:50,013 --> 02:20:53,949 prohibitions for those Partnerships. I‘ll I‘ll give you an example. 4097 02:20:53,949 --> 02:20:55,752 partnerships. I‘ll I‘ll give you an example. Typically it‘s co-location 4098 02:20:55,752 --> 02:20:56,084 I‘ll I‘ll give you an example. Typically it‘s co-location Though, right? 4099 02:20:56,084 --> 02:20:58,588 typically it‘s co-location Though, right? You know, what you would have is 4100 02:20:58,588 --> 02:21:01,290 though, right? You know, what you would have is A property where whether it is 4101 02:21:01,290 --> 02:21:03,125 you know, what you would have is A property where whether it is One building or multiple 4102 02:21:03,125 --> 02:21:05,962 a property where whether it is One building or multiple Buildings, the activities of, 4103 02:21:05,962 --> 02:21:08,398 one building or multiple Buildings, the activities of, Say, a clinic are leased out to, 4104 02:21:08,398 --> 02:21:11,233 buildings, the activities of, Say, a clinic are leased out to, To that other entity terrorists 4105 02:21:11,233 --> 02:21:12,769 say, a clinic are leased out to, To that other entity terrorists At oak springs is actually an 4106 02:21:12,769 --> 02:21:13,635 to that other entity terrorists At oak springs is actually an Example of that. 4107 02:21:13,635 --> 02:21:18,807 at oak springs is actually an Example of that. The while it is sponsored by 4108 02:21:18,807 --> 02:21:20,308 example of that. The while it is sponsored by Integral care, at one point they 4109 02:21:20,308 --> 02:21:21,878 the while it is sponsored by Integral care, at one point they Talked about having community 4110 02:21:21,878 --> 02:21:24,479 integral care, at one point they Talked about having community Care lease that clinic, and I 4111 02:21:24,479 --> 02:21:25,547 talked about having community Care lease that clinic, and I Think integral care. 4112 02:21:25,547 --> 02:21:27,316 care lease that clinic, and I Think integral care. I believe it is integral care 4113 02:21:27,316 --> 02:21:29,017 think integral care. I believe it is integral care Now, but it is treated as a 4114 02:21:29,017 --> 02:21:32,121 I believe it is integral care Now, but it is treated as a Separate condo site actually. 4115 02:21:32,121 --> 02:21:33,622 now, but it is treated as a Separate condo site actually. So I think we‘re very interested 4116 02:21:33,622 --> 02:21:33,855 separate condo site actually. So I think we‘re very interested In that. 4117 02:21:33,855 --> 02:21:35,892 so I think we‘re very interested In that. Obviously, we work with 4118 02:21:35,892 --> 02:21:36,825 in that. Obviously, we work with Development partners. 4119 02:21:36,825 --> 02:21:38,561 obviously, we work with Development partners. And so, you know, it will 4120 02:21:38,561 --> 02:21:41,196 development partners. And so, you know, it will Require some careful matching of 4121 02:21:41,196 --> 02:21:43,699 and so, you know, it will Require some careful matching of Partners to identify that, you 4122 02:21:43,699 --> 02:21:45,134 require some careful matching of Partners to identify that, you Know, we know, for example, that 4123 02:21:45,134 --> 02:21:46,902 partners to identify that, you Know, we know, for example, that There‘s a shortage of ems 4124 02:21:46,902 --> 02:21:49,772 know, we know, for example, that There‘s a shortage of ems Stations in manner and other 4125 02:21:49,772 --> 02:21:51,040 there‘s a shortage of ems Stations in manner and other Parts of the county. 4126 02:21:51,040 --> 02:21:53,509 stations in manner and other Parts of the county. And so I think that‘s something 4127 02:21:53,509 --> 02:21:56,245 parts of the county. And so I think that‘s something We‘d love to look at over time 4128 02:21:56,245 --> 02:21:59,348 and so I think that‘s something We‘d love to look at over time And really think about how we, 4129 02:21:59,348 --> 02:22:03,252 we‘d love to look at over time And really think about how we, As a public financing entity can 4130 02:22:03,252 --> 02:22:05,487 and really think about how we, As a public financing entity can Catalyze that given our current 4131 02:22:05,487 --> 02:22:07,756 as a public financing entity can Catalyze that given our current Tools or whether we might need 4132 02:22:07,756 --> 02:22:10,560 catalyze that given our current Tools or whether we might need To be thinking about, you know, 4133 02:22:10,560 --> 02:22:13,696 tools or whether we might need To be thinking about, you know, Do we look at us securing the 4134 02:22:13,696 --> 02:22:16,966 to be thinking about, you know, Do we look at us securing the Property first and then having 4135 02:22:16,966 --> 02:22:18,634 do we look at us securing the Property first and then having An rfp that says, these are the 4136 02:22:18,634 --> 02:22:20,469 property first and then having An rfp that says, these are the Kinds of uses we really want to 4137 02:22:20,469 --> 02:22:21,203 an rfp that says, these are the Kinds of uses we really want to See here. 4138 02:22:21,203 --> 02:22:23,206 kinds of uses we really want to See here. So we have a little more 4139 02:22:23,206 --> 02:22:23,806 see here. So we have a little more Influence over. 4140 02:22:23,806 --> 02:22:26,108 so we have a little more Influence over. >> what I‘d like to convene a 4141 02:22:26,108 --> 02:22:27,610 influence over. >> what I‘d like to convene a Community conversation about 4142 02:22:27,610 --> 02:22:31,147 >> what I‘d like to convene a Community conversation about That topic to work with our 4143 02:22:31,147 --> 02:22:32,581 community conversation about That topic to work with our Churches, because a lot of them 4144 02:22:32,581 --> 02:22:34,050 that topic to work with our Churches, because a lot of them Have sick and shut in. 4145 02:22:34,050 --> 02:22:35,851 churches, because a lot of them Have sick and shut in. And what that means is you‘re 4146 02:22:35,851 --> 02:22:37,919 have sick and shut in. And what that means is you‘re Too ill to come to church every 4147 02:22:37,919 --> 02:22:38,154 and what that means is you‘re Too ill to come to church every Weekend. 4148 02:22:38,154 --> 02:22:41,057 too ill to come to church every Weekend. So how do we look at the 4149 02:22:41,057 --> 02:22:44,360 weekend. So how do we look at the Institutions and community that 4150 02:22:44,360 --> 02:22:46,561 so how do we look at the Institutions and community that That kind of document, who needs 4151 02:22:46,561 --> 02:22:48,631 institutions and community that That kind of document, who needs Help and where they are and see 4152 02:22:48,631 --> 02:22:50,800 that kind of document, who needs Help and where they are and see Whether there is a a way to 4153 02:22:50,800 --> 02:22:53,770 help and where they are and see Whether there is a a way to Build a system to address with 4154 02:22:53,770 --> 02:22:55,737 whether there is a a way to Build a system to address with To address those types of 4155 02:22:55,737 --> 02:22:56,037 build a system to address with To address those types of Populations. 4156 02:22:56,037 --> 02:22:57,807 to address those types of Populations. So I‘d like to work directly. 4157 02:22:57,807 --> 02:22:59,341 populations. So I‘d like to work directly. We‘d like to work directly with 4158 02:22:59,341 --> 02:23:01,377 so I‘d like to work directly. We‘d like to work directly with You to have that conversation. 4159 02:23:01,377 --> 02:23:01,710 we‘d like to work directly with You to have that conversation. >> excellent. 4160 02:23:01,710 --> 02:23:02,344 you to have that conversation. >> excellent. Thank you sir. 4161 02:23:02,344 --> 02:23:06,915 >> excellent. Thank you sir. All right. 4162 02:23:06,915 --> 02:23:09,317 thank you sir. All right. I will quickly talk about our 4163 02:23:09,317 --> 02:23:11,053 all right. I will quickly talk about our Second board designated fund, 4164 02:23:11,053 --> 02:23:12,621 I will quickly talk about our Second board designated fund, Which is our portfolio fund. 4165 02:23:12,621 --> 02:23:16,425 second board designated fund, Which is our portfolio fund. This we created late last year, 4166 02:23:16,425 --> 02:23:18,260 which is our portfolio fund. This we created late last year, The portfolio fund currently has 4167 02:23:18,260 --> 02:23:21,229 this we created late last year, The portfolio fund currently has A balance of $4.1 million, and 4168 02:23:21,229 --> 02:23:23,865 the portfolio fund currently has A balance of $4.1 million, and That is based on our initial 4169 02:23:23,865 --> 02:23:26,702 a balance of $4.1 million, and That is based on our initial Target of having $1,000 in this 4170 02:23:26,702 --> 02:23:29,905 that is based on our initial Target of having $1,000 in this Fund for every property in our 4171 02:23:29,905 --> 02:23:30,840 target of having $1,000 in this Fund for every property in our Operating portfolio. 4172 02:23:30,840 --> 02:23:34,243 fund for every property in our Operating portfolio. The idea here is that the fund 4173 02:23:34,243 --> 02:23:36,077 operating portfolio. The idea here is that the fund Allows us to plan for capital 4174 02:23:36,077 --> 02:23:38,047 the idea here is that the fund Allows us to plan for capital Needs and also to manage the 4175 02:23:38,047 --> 02:23:40,283 allows us to plan for capital Needs and also to manage the Risks that are inherent in any 4176 02:23:40,283 --> 02:23:41,149 needs and also to manage the Risks that are inherent in any Large portfolio. 4177 02:23:41,149 --> 02:23:44,486 risks that are inherent in any Large portfolio. The fund is flexible, but we 4178 02:23:44,486 --> 02:23:46,456 large portfolio. The fund is flexible, but we Want to share with you three 4179 02:23:46,456 --> 02:23:49,759 the fund is flexible, but we Want to share with you three Uses that we have conceptualized 4180 02:23:49,759 --> 02:23:52,294 want to share with you three Uses that we have conceptualized As likely for the resource. 4181 02:23:52,294 --> 02:23:54,963 uses that we have conceptualized As likely for the resource. First of all, as tax credit 4182 02:23:54,963 --> 02:23:57,733 as likely for the resource. First of all, as tax credit Deals approach their 15 year 4183 02:23:57,733 --> 02:24:00,368 first of all, as tax credit Deals approach their 15 year Compliance period, very often 4184 02:24:00,368 --> 02:24:03,039 deals approach their 15 year Compliance period, very often The partnerships either give the 4185 02:24:03,039 --> 02:24:04,841 compliance period, very often The partnerships either give the Housing finance corporation the 4186 02:24:04,841 --> 02:24:07,043 the partnerships either give the Housing finance corporation the Option or sometimes even require 4187 02:24:07,043 --> 02:24:09,611 housing finance corporation the Option or sometimes even require Us to buy out the interest of 4188 02:24:09,611 --> 02:24:11,513 option or sometimes even require Us to buy out the interest of The investor limited partner. 4189 02:24:11,513 --> 02:24:12,781 us to buy out the interest of The investor limited partner. It is. 4190 02:24:12,781 --> 02:24:14,550 the investor limited partner. It is. I will just to give you an 4191 02:24:14,550 --> 02:24:15,918 it is. I will just to give you an Example, in a couple of 4192 02:24:15,918 --> 02:24:17,419 I will just to give you an Example, in a couple of Transactions we‘ve had, this has 4193 02:24:17,419 --> 02:24:21,156 example, in a couple of Transactions we‘ve had, this has Been between 750,000 to 1 4194 02:24:21,156 --> 02:24:23,860 transactions we‘ve had, this has Been between 750,000 to 1 Million, $1.25 million. 4195 02:24:23,860 --> 02:24:27,763 been between 750,000 to 1 Million, $1.25 million. It does increase our level of 4196 02:24:27,763 --> 02:24:29,598 million, $1.25 million. It does increase our level of Influence in the partnership as 4197 02:24:29,598 --> 02:24:32,401 it does increase our level of Influence in the partnership as Well as the financial impact for 4198 02:24:32,401 --> 02:24:32,567 influence in the partnership as Well as the financial impact for Us. 4199 02:24:32,567 --> 02:24:33,870 well as the financial impact for Us. And so we want to be able to do 4200 02:24:33,870 --> 02:24:34,070 us. And so we want to be able to do That. 4201 02:24:34,070 --> 02:24:36,706 and so we want to be able to do That. But we need to plan for it so 4202 02:24:36,706 --> 02:24:38,040 that. But we need to plan for it so That it is not a surprise and 4203 02:24:38,040 --> 02:24:40,642 but we need to plan for it so That it is not a surprise and Doesn‘t affect our ongoing 4204 02:24:40,642 --> 02:24:41,510 that it is not a surprise and Doesn‘t affect our ongoing Operations. 4205 02:24:41,510 --> 02:24:43,145 doesn‘t affect our ongoing Operations. Through this fund, we‘ve been 4206 02:24:43,145 --> 02:24:46,314 operations. Through this fund, we‘ve been Able to start planning for 4207 02:24:46,314 --> 02:24:46,516 through this fund, we‘ve been Able to start planning for Those. 4208 02:24:46,516 --> 02:24:48,483 able to start planning for Those. Second, while the cost of major 4209 02:24:48,483 --> 02:24:51,053 those. Second, while the cost of major Repairs or renovation will 4210 02:24:51,053 --> 02:24:52,254 second, while the cost of major Repairs or renovation will Typically be financed through 4211 02:24:52,254 --> 02:24:54,122 repairs or renovation will Typically be financed through The partnerships and their own 4212 02:24:54,122 --> 02:24:56,425 typically be financed through The partnerships and their own Their own sources of financing, 4213 02:24:56,425 --> 02:24:58,794 the partnerships and their own Their own sources of financing, We do want to have capital on 4214 02:24:58,794 --> 02:25:02,732 their own sources of financing, We do want to have capital on Hand to meet any urgent needs or 4215 02:25:02,732 --> 02:25:05,401 we do want to have capital on Hand to meet any urgent needs or Emergencies that arise on our 4216 02:25:05,401 --> 02:25:07,669 hand to meet any urgent needs or Emergencies that arise on our Properties, and so this is 4217 02:25:07,669 --> 02:25:10,071 emergencies that arise on our Properties, and so this is Particularly important as our 4218 02:25:10,071 --> 02:25:11,273 properties, and so this is Particularly important as our Portfolio ages a bit. 4219 02:25:11,273 --> 02:25:14,043 particularly important as our Portfolio ages a bit. The graph tells you that about a 4220 02:25:14,043 --> 02:25:16,145 portfolio ages a bit. The graph tells you that about a Third of our portfolio is now 4221 02:25:16,145 --> 02:25:18,780 the graph tells you that about a Third of our portfolio is now Over ten years old, still a 4222 02:25:18,780 --> 02:25:20,916 third of our portfolio is now Over ten years old, still a Relatively young portfolio, but 4223 02:25:20,916 --> 02:25:23,452 over ten years old, still a Relatively young portfolio, but They are not all new properties 4224 02:25:23,452 --> 02:25:23,686 relatively young portfolio, but They are not all new properties Anymore. 4225 02:25:23,686 --> 02:25:26,556 they are not all new properties Anymore. And then finally, as we have 4226 02:25:26,556 --> 02:25:28,691 anymore. And then finally, as we have Given close attention to the 4227 02:25:28,691 --> 02:25:31,260 and then finally, as we have Given close attention to the Existing portfolio, we have 4228 02:25:31,260 --> 02:25:33,895 given close attention to the Existing portfolio, we have Identified some legacy issues 4229 02:25:33,895 --> 02:25:35,730 existing portfolio, we have Identified some legacy issues That are resulting in 4230 02:25:35,730 --> 02:25:37,266 identified some legacy issues That are resulting in Non-routine legal costs where we 4231 02:25:37,266 --> 02:25:39,135 that are resulting in Non-routine legal costs where we Really need to work on righting 4232 02:25:39,135 --> 02:25:41,537 non-routine legal costs where we Really need to work on righting The ship on a partnership or 4233 02:25:41,537 --> 02:25:41,703 really need to work on righting The ship on a partnership or Two. 4234 02:25:41,703 --> 02:25:43,706 the ship on a partnership or Two. And so this fund will help us 4235 02:25:43,706 --> 02:25:46,209 two. And so this fund will help us Manage those risks without 4236 02:25:46,209 --> 02:25:47,610 and so this fund will help us Manage those risks without Impacting our ongoing 4237 02:25:47,610 --> 02:25:49,344 manage those risks without Impacting our ongoing Operations, operational health. 4238 02:25:49,344 --> 02:25:52,682 impacting our ongoing Operations, operational health. Cost. 4239 02:25:52,682 --> 02:25:53,415 operations, operational health. Cost. All right. 4240 02:25:53,415 --> 02:25:55,351 cost. All right. So this brings us then to how 4241 02:25:55,351 --> 02:25:57,253 all right. So this brings us then to how We‘re overseeing the operating 4242 02:25:57,253 --> 02:25:59,455 so this brings us then to how We‘re overseeing the operating Portfolio day to day. 4243 02:25:59,455 --> 02:26:01,557 we‘re overseeing the operating Portfolio day to day. Last year, we briefed the court 4244 02:26:01,557 --> 02:26:03,459 portfolio day to day. Last year, we briefed the court On a newly created risk rating 4245 02:26:03,459 --> 02:26:03,726 last year, we briefed the court On a newly created risk rating Framework. 4246 02:26:03,726 --> 02:26:06,195 on a newly created risk rating Framework. And I want to update you on 4247 02:26:06,195 --> 02:26:06,395 framework. And I want to update you on That. 4248 02:26:06,395 --> 02:26:09,699 and I want to update you on That. But also note that this is not 4249 02:26:09,699 --> 02:26:11,601 that. But also note that this is not Just a tool, but that we do have 4250 02:26:11,601 --> 02:26:12,635 but also note that this is not Just a tool, but that we do have A team on this. 4251 02:26:12,635 --> 02:26:15,037 just a tool, but that we do have A team on this. We have two full time employees 4252 02:26:15,037 --> 02:26:17,039 a team on this. We have two full time employees That are dedicated to monitoring 4253 02:26:17,039 --> 02:26:20,942 we have two full time employees That are dedicated to monitoring The portfolio, both in terms of 4254 02:26:20,942 --> 02:26:23,713 that are dedicated to monitoring The portfolio, both in terms of Its ongoing health as well as 4255 02:26:23,713 --> 02:26:25,615 the portfolio, both in terms of Its ongoing health as well as Compliance with the various 4256 02:26:25,615 --> 02:26:27,382 its ongoing health as well as Compliance with the various Regulations that we operate 4257 02:26:27,382 --> 02:26:27,617 compliance with the various Regulations that we operate Within. 4258 02:26:27,617 --> 02:26:29,752 regulations that we operate Within. So we now have a full cycle of 4259 02:26:29,752 --> 02:26:31,587 within. So we now have a full cycle of Data collection under our belts 4260 02:26:31,587 --> 02:26:33,522 so we now have a full cycle of Data collection under our belts For our risk rating analysis. 4261 02:26:33,522 --> 02:26:36,459 data collection under our belts For our risk rating analysis. Every quarter, we evaluate each 4262 02:26:36,459 --> 02:26:38,327 for our risk rating analysis. Every quarter, we evaluate each Property in the portfolio 4263 02:26:38,327 --> 02:26:40,929 every quarter, we evaluate each Property in the portfolio Against five categories physical 4264 02:26:40,929 --> 02:26:42,230 property in the portfolio Against five categories physical Condition, financial 4265 02:26:42,230 --> 02:26:44,100 against five categories physical Condition, financial Performance, occupancy, 4266 02:26:44,100 --> 02:26:45,401 condition, financial Performance, occupancy, Partnership and compliance, and 4267 02:26:45,401 --> 02:26:46,635 performance, occupancy, Partnership and compliance, and Tenant experience. 4268 02:26:46,635 --> 02:26:50,706 partnership and compliance, and Tenant experience. These in turn are based on about 4269 02:26:50,706 --> 02:26:53,541 tenant experience. These in turn are based on about 17 sub indicators that feed into 4270 02:26:53,541 --> 02:26:55,378 these in turn are based on about 17 sub indicators that feed into Those, and we generate a score 4271 02:26:55,378 --> 02:26:58,881 17 sub indicators that feed into Those, and we generate a score Of 1 to 5 for each of our 4272 02:26:58,881 --> 02:26:59,181 those, and we generate a score Of 1 to 5 for each of our Categories. 4273 02:26:59,181 --> 02:27:02,652 of 1 to 5 for each of our Categories. Based on that, our portfolio 4274 02:27:02,652 --> 02:27:04,419 categories. Based on that, our portfolio Portfolio manager classifies 4275 02:27:04,419 --> 02:27:06,655 based on that, our portfolio Portfolio manager classifies Every property in our portfolio. 4276 02:27:06,655 --> 02:27:09,024 portfolio manager classifies Every property in our portfolio. And basically there are three 4277 02:27:09,024 --> 02:27:09,324 every property in our portfolio. And basically there are three Categories. 4278 02:27:09,324 --> 02:27:10,625 and basically there are three Categories. One is routine monitoring. 4279 02:27:10,625 --> 02:27:13,229 categories. One is routine monitoring. Everything is moving along as 4280 02:27:13,229 --> 02:27:13,496 one is routine monitoring. Everything is moving along as Expected. 4281 02:27:13,496 --> 02:27:15,764 everything is moving along as Expected. Second is watch list and the 4282 02:27:15,764 --> 02:27:18,935 expected. Second is watch list and the Third is high priority or 4283 02:27:18,935 --> 02:27:19,801 second is watch list and the Third is high priority or Immediate action. 4284 02:27:19,801 --> 02:27:23,205 third is high priority or Immediate action. This helps us spot trends early 4285 02:27:23,205 --> 02:27:24,540 immediate action. This helps us spot trends early And allows us to work with our 4286 02:27:24,540 --> 02:27:26,108 this helps us spot trends early And allows us to work with our Partners to course correct 4287 02:27:26,108 --> 02:27:28,544 and allows us to work with our Partners to course correct Before a small issue becomes a 4288 02:27:28,544 --> 02:27:30,879 partners to course correct Before a small issue becomes a Crisis for the property or for 4289 02:27:30,879 --> 02:27:31,147 before a small issue becomes a Crisis for the property or for Residents. 4290 02:27:31,147 --> 02:27:33,716 crisis for the property or for Residents. So the average risk rating on 4291 02:27:33,716 --> 02:27:35,284 residents. So the average risk rating on Our properties at the end of 4292 02:27:35,284 --> 02:27:36,885 so the average risk rating on Our properties at the end of Last year was 2.3. 4293 02:27:36,885 --> 02:27:39,354 our properties at the end of Last year was 2.3. Telling us that, generally 4294 02:27:39,354 --> 02:27:42,358 last year was 2.3. Telling us that, generally Speaking, the portfolio had a 4295 02:27:42,358 --> 02:27:43,392 telling us that, generally Speaking, the portfolio had a Moderate risk. 4296 02:27:43,392 --> 02:27:45,493 speaking, the portfolio had a Moderate risk. Given this average, we did 4297 02:27:45,493 --> 02:27:47,095 moderate risk. Given this average, we did Actually see more properties 4298 02:27:47,095 --> 02:27:49,264 given this average, we did Actually see more properties Than we might otherwise 4299 02:27:49,264 --> 02:27:51,033 actually see more properties Than we might otherwise Anticipate on our watch list or 4300 02:27:51,033 --> 02:27:52,300 than we might otherwise Anticipate on our watch list or Our high priority. 4301 02:27:52,300 --> 02:27:55,705 anticipate on our watch list or Our high priority. And that was driven, 4302 02:27:55,705 --> 02:27:57,773 our high priority. And that was driven, Unsurprisingly, by occupancy 4303 02:27:57,773 --> 02:27:59,507 and that was driven, Unsurprisingly, by occupancy Issues really across the 4304 02:27:59,507 --> 02:27:59,774 unsurprisingly, by occupancy Issues really across the Portfolio. 4305 02:27:59,774 --> 02:28:02,411 issues really across the Portfolio. So the the occupancy numbers 4306 02:28:02,411 --> 02:28:04,847 portfolio. So the the occupancy numbers That we‘re seeing in our 4307 02:28:04,847 --> 02:28:06,716 so the the occupancy numbers That we‘re seeing in our Portfolio are unusual. 4308 02:28:06,716 --> 02:28:08,149 that we‘re seeing in our Portfolio are unusual. Of course, I will just tell you 4309 02:28:08,149 --> 02:28:09,919 portfolio are unusual. Of course, I will just tell you That even when I came on board 4310 02:28:09,919 --> 02:28:13,489 of course, I will just tell you That even when I came on board In january of 24 and the market 4311 02:28:13,489 --> 02:28:15,256 that even when I came on board In january of 24 and the market Had begun to soften a little bit 4312 02:28:15,256 --> 02:28:16,257 in january of 24 and the market Had begun to soften a little bit At that point, I think we were 4313 02:28:16,257 --> 02:28:18,060 had begun to soften a little bit At that point, I think we were At 93% or so. 4314 02:28:18,060 --> 02:28:21,597 at that point, I think we were At 93% or so. So we weigh occupancy fairly 4315 02:28:21,597 --> 02:28:22,764 at 93% or so. So we weigh occupancy fairly Heavily in this tool. 4316 02:28:22,764 --> 02:28:24,767 so we weigh occupancy fairly Heavily in this tool. And that means a lot of 4317 02:28:24,767 --> 02:28:26,235 heavily in this tool. And that means a lot of Properties are rising to this 4318 02:28:26,235 --> 02:28:27,036 and that means a lot of Properties are rising to this Watch list level. 4319 02:28:27,036 --> 02:28:30,506 properties are rising to this Watch list level. But behind that occupancy issue, 4320 02:28:30,506 --> 02:28:32,875 watch list level. But behind that occupancy issue, We do see some of our properties 4321 02:28:32,875 --> 02:28:34,844 but behind that occupancy issue, We do see some of our properties Beginning to struggle with aged 4322 02:28:34,844 --> 02:28:35,144 we do see some of our properties Beginning to struggle with aged Receivables. 4323 02:28:35,144 --> 02:28:38,381 beginning to struggle with aged Receivables. We are seeing a bit less of 4324 02:28:38,381 --> 02:28:40,750 receivables. We are seeing a bit less of Eviction, but more tenants who 4325 02:28:40,750 --> 02:28:42,517 we are seeing a bit less of Eviction, but more tenants who May be carrying balances. 4326 02:28:42,517 --> 02:28:44,419 eviction, but more tenants who May be carrying balances. And that‘s a can be a canary in 4327 02:28:44,419 --> 02:28:45,621 may be carrying balances. And that‘s a can be a canary in The coal mine, if you will. 4328 02:28:45,621 --> 02:28:48,790 and that‘s a can be a canary in The coal mine, if you will. We are seeing some staffing 4329 02:28:48,790 --> 02:28:51,127 the coal mine, if you will. We are seeing some staffing Challenges, and in 1 or 2 cases, 4330 02:28:51,127 --> 02:28:52,628 we are seeing some staffing Challenges, and in 1 or 2 cases, Seeing higher than average 4331 02:28:52,628 --> 02:28:53,462 challenges, and in 1 or 2 cases, Seeing higher than average Eviction rates. 4332 02:28:53,462 --> 02:28:56,865 seeing higher than average Eviction rates. So what then is going? 4333 02:28:56,865 --> 02:29:00,469 eviction rates. So what then is going? Well, we will say that our 4334 02:29:00,469 --> 02:29:02,504 so what then is going? Well, we will say that our Operating expenses per unit 4335 02:29:02,504 --> 02:29:04,406 well, we will say that our Operating expenses per unit Across the portfolio are within 4336 02:29:04,406 --> 02:29:06,142 operating expenses per unit Across the portfolio are within Our anticipated range. 4337 02:29:06,142 --> 02:29:08,044 across the portfolio are within Our anticipated range. And we‘re pleased to learn that 4338 02:29:08,044 --> 02:29:10,546 our anticipated range. And we‘re pleased to learn that Our tenant turnover actually 4339 02:29:10,546 --> 02:29:13,249 and we‘re pleased to learn that Our tenant turnover actually Fell from 6% at the end of 20 or 4340 02:29:13,249 --> 02:29:16,919 our tenant turnover actually Fell from 6% at the end of 20 or Excuse me, in the early part of 4341 02:29:16,919 --> 02:29:17,986 fell from 6% at the end of 20 or Excuse me, in the early part of 2025 to 2% by year end. 4342 02:29:17,986 --> 02:29:22,057 excuse me, in the early part of 2025 to 2% by year end. So we have vacancy issues, but 4343 02:29:22,057 --> 02:29:25,493 2025 to 2% by year end. So we have vacancy issues, but The population that is on site 4344 02:29:25,493 --> 02:29:27,429 so we have vacancy issues, but The population that is on site Is actually relatively stable. 4345 02:29:27,429 --> 02:29:30,766 the population that is on site Is actually relatively stable. We believe that the occupancy 4346 02:29:30,766 --> 02:29:32,702 is actually relatively stable. We believe that the occupancy Decline has has stopped. 4347 02:29:32,702 --> 02:29:35,503 we believe that the occupancy Decline has has stopped. Also, while I said that we 4348 02:29:35,503 --> 02:29:37,105 decline has has stopped. Also, while I said that we Started, you know, at 94% or so 4349 02:29:37,105 --> 02:29:38,874 also, while I said that we Started, you know, at 94% or so At the beginning of 2024, every 4350 02:29:38,874 --> 02:29:41,743 started, you know, at 94% or so At the beginning of 2024, every Single month in 2024, we saw 4351 02:29:41,743 --> 02:29:43,979 at the beginning of 2024, every Single month in 2024, we saw Occupancy drop last year. 4352 02:29:43,979 --> 02:29:45,681 single month in 2024, we saw Occupancy drop last year. And through the beginning of 4353 02:29:45,681 --> 02:29:48,584 occupancy drop last year. And through the beginning of This year, we have been almost 4354 02:29:48,584 --> 02:29:50,019 and through the beginning of This year, we have been almost Even month over month. 4355 02:29:50,019 --> 02:29:52,421 this year, we have been almost Even month over month. So we are hoping then that the 4356 02:29:52,421 --> 02:29:53,922 even month over month. So we are hoping then that the Market is finding its floor. 4357 02:29:53,922 --> 02:29:57,026 so we are hoping then that the Market is finding its floor. So how do we respond when a 4358 02:29:57,026 --> 02:29:58,928 market is finding its floor. So how do we respond when a Property score moves it into 2 4359 02:29:58,928 --> 02:30:00,296 so how do we respond when a Property score moves it into 2 Or 3, our watch list or our high 4360 02:30:00,296 --> 02:30:01,530 property score moves it into 2 Or 3, our watch list or our high Priority categories? 4361 02:30:01,530 --> 02:30:04,666 or 3, our watch list or our high Priority categories? The goal is really that we 4362 02:30:04,666 --> 02:30:05,834 priority categories? The goal is really that we Transition the property back 4363 02:30:05,834 --> 02:30:08,203 the goal is really that we Transition the property back Into routine monitoring through 4364 02:30:08,203 --> 02:30:09,905 transition the property back Into routine monitoring through A proactive plan to cure 4365 02:30:09,905 --> 02:30:11,107 into routine monitoring through A proactive plan to cure Whatever is going on. 4366 02:30:11,107 --> 02:30:14,610 a proactive plan to cure Whatever is going on. First of all, we prioritize any 4367 02:30:14,610 --> 02:30:16,044 whatever is going on. First of all, we prioritize any Action, that action on anything 4368 02:30:16,044 --> 02:30:17,780 first of all, we prioritize any Action, that action on anything That compromises health or 4369 02:30:17,780 --> 02:30:18,013 action, that action on anything That compromises health or Safety. 4370 02:30:18,013 --> 02:30:20,615 that compromises health or Safety. So if we see something that puts 4371 02:30:20,615 --> 02:30:23,252 safety. So if we see something that puts Residents at risk, life safety 4372 02:30:23,252 --> 02:30:24,286 so if we see something that puts Residents at risk, life safety System that‘s out of compliance 4373 02:30:24,286 --> 02:30:26,422 residents at risk, life safety System that‘s out of compliance Or a pattern of unaddressed 4374 02:30:26,422 --> 02:30:28,557 system that‘s out of compliance Or a pattern of unaddressed Maintenance, our staff engage 4375 02:30:28,557 --> 02:30:30,192 or a pattern of unaddressed Maintenance, our staff engage With that property directly, 4376 02:30:30,192 --> 02:30:31,926 maintenance, our staff engage With that property directly, Immediately and work on it and 4377 02:30:31,926 --> 02:30:34,196 with that property directly, Immediately and work on it and Escalate as needed until it‘s 4378 02:30:34,196 --> 02:30:34,397 immediately and work on it and Escalate as needed until it‘s Fixed. 4379 02:30:34,397 --> 02:30:38,500 escalate as needed until it‘s Fixed. But we also work with property 4380 02:30:38,500 --> 02:30:39,834 fixed. But we also work with property Management, just depending on 4381 02:30:39,834 --> 02:30:41,570 but we also work with property Management, just depending on What is going on at the 4382 02:30:41,570 --> 02:30:41,837 management, just depending on What is going on at the Property. 4383 02:30:41,837 --> 02:30:43,838 what is going on at the Property. So for example, when a property 4384 02:30:43,838 --> 02:30:47,009 property. So for example, when a property Is struggling with occupancy, 4385 02:30:47,009 --> 02:30:48,811 so for example, when a property Is struggling with occupancy, Staff work with the management 4386 02:30:48,811 --> 02:30:49,477 is struggling with occupancy, Staff work with the management Company, looking at their 4387 02:30:49,477 --> 02:30:50,912 staff work with the management Company, looking at their Leasing process from start to 4388 02:30:50,912 --> 02:30:52,648 company, looking at their Leasing process from start to Finish to see whether there are 4389 02:30:52,648 --> 02:30:56,885 leasing process from start to Finish to see whether there are Opportunities to improve it, we 4390 02:30:56,885 --> 02:30:59,088 finish to see whether there are Opportunities to improve it, we Even, for example, work to 4391 02:30:59,088 --> 02:31:00,321 opportunities to improve it, we Even, for example, work to Partner them with nonprofits who 4392 02:31:00,321 --> 02:31:02,992 even, for example, work to Partner them with nonprofits who May be placing people into 4393 02:31:02,992 --> 02:31:04,894 partner them with nonprofits who May be placing people into Housing, frequent site visits 4394 02:31:04,894 --> 02:31:06,662 may be placing people into Housing, frequent site visits Keep us ahead of code 4395 02:31:06,662 --> 02:31:06,962 housing, frequent site visits Keep us ahead of code Violations. 4396 02:31:06,962 --> 02:31:09,531 keep us ahead of code Violations. We look at the collection 4397 02:31:09,531 --> 02:31:11,933 violations. We look at the collection Process and staff walks units to 4398 02:31:11,933 --> 02:31:13,803 we look at the collection Process and staff walks units to Confirm occupancy, or to look at 4399 02:31:13,803 --> 02:31:15,371 process and staff walks units to Confirm occupancy, or to look at The outcome of evictions. 4400 02:31:15,371 --> 02:31:18,441 confirm occupancy, or to look at The outcome of evictions. So these specific interventions 4401 02:31:18,441 --> 02:31:20,675 the outcome of evictions. So these specific interventions Are really built on a foundation 4402 02:31:20,675 --> 02:31:23,179 so these specific interventions Are really built on a foundation Of ongoing relationship building 4403 02:31:23,179 --> 02:31:25,147 are really built on a foundation Of ongoing relationship building At the property level, with 4404 02:31:25,147 --> 02:31:26,781 of ongoing relationship building At the property level, with Staff providing technical 4405 02:31:26,781 --> 02:31:28,416 at the property level, with Staff providing technical Assistance and supporting the 4406 02:31:28,416 --> 02:31:29,317 staff providing technical Assistance and supporting the Operating partner. 4407 02:31:29,317 --> 02:31:31,253 assistance and supporting the Operating partner. That is the work in the 4408 02:31:31,253 --> 02:31:32,455 operating partner. That is the work in the Background that really delivers 4409 02:31:32,455 --> 02:31:35,790 that is the work in the Background that really delivers The results over time. 4410 02:31:35,790 --> 02:31:40,529 background that really delivers The results over time. >> so looking forward, so as we 4411 02:31:40,529 --> 02:31:42,198 the results over time. >> so looking forward, so as we Close, I wanted to tell you 4412 02:31:42,198 --> 02:31:43,865 >> so looking forward, so as we Close, I wanted to tell you Where this organization is 4413 02:31:43,865 --> 02:31:45,868 close, I wanted to tell you Where this organization is Headed and why we believe the 4414 02:31:45,868 --> 02:31:48,370 where this organization is Headed and why we believe the Foundation we built positions us 4415 02:31:48,370 --> 02:31:49,939 headed and why we believe the Foundation we built positions us To deliver more for travis 4416 02:31:49,939 --> 02:31:51,107 foundation we built positions us To deliver more for travis County in the year ahead. 4417 02:31:51,107 --> 02:31:54,209 to deliver more for travis County in the year ahead. Next slide. 4418 02:31:54,209 --> 02:31:55,611 county in the year ahead. Next slide. Thank you. 4419 02:31:55,611 --> 02:31:57,979 next slide. Thank you. Diana‘s quote captures how we 4420 02:31:57,979 --> 02:31:59,514 thank you. Diana‘s quote captures how we Are thinking about this year. 4421 02:31:59,514 --> 02:32:01,250 diana‘s quote captures how we Are thinking about this year. The groundwork we lay will shape 4422 02:32:01,250 --> 02:32:02,351 are thinking about this year. The groundwork we lay will shape Affordable housing in this 4423 02:32:02,351 --> 02:32:03,118 the groundwork we lay will shape Affordable housing in this County for years to come. 4424 02:32:03,118 --> 02:32:05,354 affordable housing in this County for years to come. That lens guides every decision 4425 02:32:05,354 --> 02:32:07,323 county for years to come. That lens guides every decision We are making in 2026, and sits 4426 02:32:07,323 --> 02:32:08,924 that lens guides every decision We are making in 2026, and sits Behind two clear priorities. 4427 02:32:08,924 --> 02:32:11,260 we are making in 2026, and sits Behind two clear priorities. The first is raising the bar for 4428 02:32:11,260 --> 02:32:11,726 behind two clear priorities. The first is raising the bar for Travis county. 4429 02:32:11,726 --> 02:32:15,131 the first is raising the bar for Travis county. That means leveraging the t‘s of 4430 02:32:15,131 --> 02:32:16,665 travis county. That means leveraging the t‘s of Our new tenant affairs 4431 02:32:16,665 --> 02:32:19,135 that means leveraging the t‘s of Our new tenant affairs Committee, continuing to convene 4432 02:32:19,135 --> 02:32:21,003 our new tenant affairs Committee, continuing to convene Peers around the housing finance 4433 02:32:21,003 --> 02:32:23,304 committee, continuing to convene Peers around the housing finance Roundtable, embedding tenant 4434 02:32:23,304 --> 02:32:24,105 peers around the housing finance Roundtable, embedding tenant Protections directly into our 4435 02:32:24,105 --> 02:32:26,642 roundtable, embedding tenant Protections directly into our Deal terms, and advancing the 4436 02:32:26,642 --> 02:32:28,743 protections directly into our Deal terms, and advancing the Policy work we do alongside 4437 02:32:28,743 --> 02:32:30,513 deal terms, and advancing the Policy work we do alongside Advocates, academics, and our 4438 02:32:30,513 --> 02:32:31,946 policy work we do alongside Advocates, academics, and our Public partners across the 4439 02:32:31,946 --> 02:32:32,181 advocates, academics, and our Public partners across the County. 4440 02:32:32,181 --> 02:32:34,716 public partners across the County. We intend to set the standard, 4441 02:32:34,716 --> 02:32:35,450 county. We intend to set the standard, Not wait for it. 4442 02:32:35,450 --> 02:32:38,654 we intend to set the standard, Not wait for it. The second is continuing to 4443 02:32:38,654 --> 02:32:40,355 not wait for it. The second is continuing to Build the innovative tools and 4444 02:32:40,355 --> 02:32:41,189 the second is continuing to Build the innovative tools and Partnerships that got us here. 4445 02:32:41,189 --> 02:32:43,526 build the innovative tools and Partnerships that got us here. In practical terms, that means 4446 02:32:43,526 --> 02:32:45,127 partnerships that got us here. In practical terms, that means Deploying our initial housing 4447 02:32:45,127 --> 02:32:47,595 in practical terms, that means Deploying our initial housing Production fund into the right 4448 02:32:47,595 --> 02:32:49,564 deploying our initial housing Production fund into the right Projects with the right 4449 02:32:49,564 --> 02:32:50,632 production fund into the right Projects with the right Partners, and continuing to 4450 02:32:50,632 --> 02:32:52,200 projects with the right Partners, and continuing to Explore ways to build on the 4451 02:32:52,200 --> 02:32:54,135 partners, and continuing to Explore ways to build on the Public worker pilot program so 4452 02:32:54,135 --> 02:32:55,236 explore ways to build on the Public worker pilot program so That the people who serve this 4453 02:32:55,236 --> 02:32:56,705 public worker pilot program so That the people who serve this Community can afford to live in 4454 02:32:56,705 --> 02:32:58,773 that the people who serve this Community can afford to live in It. 4455 02:32:58,773 --> 02:33:01,075 community can afford to live in It. We‘re not just weathering a soft 4456 02:33:01,075 --> 02:33:01,310 it. We‘re not just weathering a soft Market. 4457 02:33:01,310 --> 02:33:02,411 we‘re not just weathering a soft Market. We‘re continuing. 4458 02:33:02,411 --> 02:33:04,213 market. We‘re continuing. We‘re using it to continue 4459 02:33:04,213 --> 02:33:06,415 we‘re continuing. We‘re using it to continue Sharpening our tools, attract 4460 02:33:06,415 --> 02:33:07,750 we‘re using it to continue Sharpening our tools, attract Mission aligned partners who 4461 02:33:07,750 --> 02:33:08,983 sharpening our tools, attract Mission aligned partners who Genuinely care about the people 4462 02:33:08,983 --> 02:33:11,053 mission aligned partners who Genuinely care about the people Who call their buildings home, 4463 02:33:11,053 --> 02:33:12,421 genuinely care about the people Who call their buildings home, And set a higher standard for 4464 02:33:12,421 --> 02:33:14,189 who call their buildings home, And set a higher standard for What a public entity can do for 4465 02:33:14,189 --> 02:33:15,090 and set a higher standard for What a public entity can do for Travis county. 4466 02:33:15,090 --> 02:33:17,226 what a public entity can do for Travis county. We‘re grateful for this court. 4467 02:33:17,226 --> 02:33:18,527 travis county. We‘re grateful for this court. It‘s partnership, and we are 4468 02:33:18,527 --> 02:33:20,061 we‘re grateful for this court. It‘s partnership, and we are Proud of what we‘re building 4469 02:33:20,061 --> 02:33:20,328 it‘s partnership, and we are Proud of what we‘re building Together. 4470 02:33:20,328 --> 02:33:22,530 proud of what we‘re building Together. October 20th is our next chance 4471 02:33:22,530 --> 02:33:23,898 together. October 20th is our next chance To come and show you, and we 4472 02:33:23,898 --> 02:33:25,000 october 20th is our next chance To come and show you, and we Intend to make it count. 4473 02:33:25,000 --> 02:33:26,735 to come and show you, and we Intend to make it count. Now, diana will close us out. 4474 02:33:26,735 --> 02:33:28,070 intend to make it count. Now, diana will close us out. >> again. 4475 02:33:28,070 --> 02:33:30,905 now, diana will close us out. >> again. Thank you so much for having us 4476 02:33:30,905 --> 02:33:31,473 >> again. Thank you so much for having us Here today. 4477 02:33:31,473 --> 02:33:33,475 thank you so much for having us Here today. I failed to mention that we have 4478 02:33:33,475 --> 02:33:35,644 here today. I failed to mention that we have Provided our 2025 annual report. 4479 02:33:35,644 --> 02:33:38,746 I failed to mention that we have Provided our 2025 annual report. Today is your day for high, you 4480 02:33:38,746 --> 02:33:40,682 provided our 2025 annual report. Today is your day for high, you Know, well produced reports. 4481 02:33:40,682 --> 02:33:42,651 today is your day for high, you Know, well produced reports. I see. 4482 02:33:42,651 --> 02:33:45,588 know, well produced reports. I see. So we are here with board and 4483 02:33:45,588 --> 02:33:46,821 I see. So we are here with board and Staff to answer any questions. 4484 02:33:46,821 --> 02:33:47,422 so we are here with board and Staff to answer any questions. You have. 4485 02:33:47,422 --> 02:33:48,256 staff to answer any questions. You have. >> any questions? 4486 02:33:48,256 --> 02:33:50,726 you have. >> any questions? >> court just a quick one. 4487 02:33:50,726 --> 02:33:57,031 >> any questions? >> court just a quick one. Congrats on the 4410 units. 4488 02:33:57,031 --> 02:33:58,634 >> court just a quick one. Congrats on the 4410 units. You know this continues to be 4489 02:33:58,634 --> 02:33:59,801 congrats on the 4410 units. You know this continues to be Kind of a drumbeat that we need 4490 02:33:59,801 --> 02:34:01,169 you know this continues to be Kind of a drumbeat that we need More affordable housing. 4491 02:34:01,169 --> 02:34:03,405 kind of a drumbeat that we need More affordable housing. We‘ve been trying to put 4492 02:34:03,405 --> 02:34:05,473 more affordable housing. We‘ve been trying to put Together a tally, both including 4493 02:34:05,473 --> 02:34:11,446 we‘ve been trying to put Together a tally, both including Our, our, our travis county hfc 4494 02:34:11,446 --> 02:34:12,982 together a tally, both including Our, our, our travis county hfc And the units we‘ve produced, 4495 02:34:12,982 --> 02:34:14,316 our, our, our travis county hfc And the units we‘ve produced, And then figuring out what the 4496 02:34:14,316 --> 02:34:16,818 and the units we‘ve produced, And then figuring out what the Right numbers are for both hats 4497 02:34:16,818 --> 02:34:17,620 and then figuring out what the Right numbers are for both hats And shc. 4498 02:34:17,620 --> 02:34:24,093 right numbers are for both hats And shc. Would it be correct to probably 4499 02:34:24,093 --> 02:34:26,662 and shc. Would it be correct to probably Subtract some of the vouchers 4500 02:34:26,662 --> 02:34:27,463 would it be correct to probably Subtract some of the vouchers From that total number? 4501 02:34:27,463 --> 02:34:29,030 subtract some of the vouchers From that total number? We heard from hansi that they 4502 02:34:29,030 --> 02:34:33,969 from that total number? We heard from hansi that they Have 691 vouchers and maybe a 4503 02:34:33,969 --> 02:34:35,905 we heard from hansi that they Have 691 vouchers and maybe a Total of 740 vouchers. 4504 02:34:35,905 --> 02:34:38,641 have 691 vouchers and maybe a Total of 740 vouchers. Is it likely that many of those 4505 02:34:38,641 --> 02:34:41,142 total of 740 vouchers. Is it likely that many of those Vouchers are being used in your 4506 02:34:41,142 --> 02:34:41,343 is it likely that many of those Vouchers are being used in your Units? 4507 02:34:41,343 --> 02:34:43,279 vouchers are being used in your Units? So so they shouldn‘t be added 4508 02:34:43,279 --> 02:34:43,546 units? So so they shouldn‘t be added Together. 4509 02:34:43,546 --> 02:34:44,013 so so they shouldn‘t be added Together. We should. 4510 02:34:44,013 --> 02:34:45,213 together. We should. >> I think that‘s a great point. 4511 02:34:45,213 --> 02:34:49,618 we should. >> I think that‘s a great point. So I will tell you that 1 in 5 4512 02:34:49,618 --> 02:34:51,854 >> I think that‘s a great point. So I will tell you that 1 in 5 Of our tenants uses a voucher 4513 02:34:51,854 --> 02:34:53,621 so I will tell you that 1 in 5 Of our tenants uses a voucher That could be a hatzi voucher, 4514 02:34:53,621 --> 02:34:56,858 of our tenants uses a voucher That could be a hatzi voucher, Or it could be a voucher or 4515 02:34:56,858 --> 02:34:58,192 that could be a hatzi voucher, Or it could be a voucher or Sometimes other continuum of 4516 02:34:58,192 --> 02:34:58,394 or it could be a voucher or Sometimes other continuum of Care. 4517 02:34:58,394 --> 02:35:00,563 sometimes other continuum of Care. So I think there is potential 4518 02:35:00,563 --> 02:35:01,996 care. So I think there is potential For duplication there. 4519 02:35:01,996 --> 02:35:04,767 so I think there is potential For duplication there. I think we‘d want to talk about 4520 02:35:04,767 --> 02:35:06,402 for duplication there. I think we‘d want to talk about Or maybe even we just maybe 4521 02:35:06,402 --> 02:35:08,571 I think we‘d want to talk about Or maybe even we just maybe Don‘t count it as a unit, but we 4522 02:35:08,571 --> 02:35:10,706 or maybe even we just maybe Don‘t count it as a unit, but we Understand that we have a pool 4523 02:35:10,706 --> 02:35:11,172 don‘t count it as a unit, but we Understand that we have a pool Of vouchers. 4524 02:35:11,172 --> 02:35:13,274 understand that we have a pool Of vouchers. We have a pool of affordable 4525 02:35:13,274 --> 02:35:14,676 of vouchers. We have a pool of affordable Units, and then kind of 4526 02:35:14,676 --> 02:35:15,710 we have a pool of affordable Units, and then kind of Understanding how much they 4527 02:35:15,710 --> 02:35:18,280 units, and then kind of Understanding how much they Might overlap. 4528 02:35:18,280 --> 02:35:20,316 understanding how much they Might overlap. I, I, I would hesitate to tell 4529 02:35:20,316 --> 02:35:21,750 might overlap. I, I, I would hesitate to tell You what the number would be to 4530 02:35:21,750 --> 02:35:22,584 I, I, I would hesitate to tell You what the number would be to Subtract just to be safe. 4531 02:35:22,584 --> 02:35:23,851 you what the number would be to Subtract just to be safe. >> that we probably shouldn‘t 4532 02:35:23,851 --> 02:35:25,054 subtract just to be safe. >> that we probably shouldn‘t Add the number of vouchers. 4533 02:35:25,054 --> 02:35:27,823 >> that we probably shouldn‘t Add the number of vouchers. It‘s a payment for the unit. 4534 02:35:27,823 --> 02:35:28,156 add the number of vouchers. It‘s a payment for the unit. Yeah. 4535 02:35:28,156 --> 02:35:29,925 it‘s a payment for the unit. Yeah. But what we‘re trying to get to 4536 02:35:29,925 --> 02:35:31,392 yeah. But what we‘re trying to get to Is what, what‘s a reasonable 4537 02:35:31,392 --> 02:35:33,094 but what we‘re trying to get to Is what, what‘s a reasonable Number of affordable units that 4538 02:35:33,094 --> 02:35:34,729 is what, what‘s a reasonable Number of affordable units that We are collectively creating. 4539 02:35:34,729 --> 02:35:35,263 number of affordable units that We are collectively creating. Okay. 4540 02:35:35,263 --> 02:35:36,030 we are collectively creating. Okay. Thank you. 4541 02:35:36,030 --> 02:35:37,165 okay. Thank you. But but great work. 4542 02:35:37,165 --> 02:35:38,601 thank you. But but great work. I‘m really impressed with, with 4543 02:35:38,601 --> 02:35:39,468 but but great work. I‘m really impressed with, with All the work that you‘ve done, 4544 02:35:39,468 --> 02:35:40,335 I‘m really impressed with, with All the work that you‘ve done, Especially the work you‘ve done 4545 02:35:40,335 --> 02:35:41,537 all the work that you‘ve done, Especially the work you‘ve done With the rosemont residents. 4546 02:35:41,537 --> 02:35:42,137 especially the work you‘ve done With the rosemont residents. >> thank you. 4547 02:35:42,137 --> 02:35:44,906 with the rosemont residents. >> thank you. >> other questions? 4548 02:35:44,906 --> 02:35:45,074 >> thank you. >> other questions? No. 4549 02:35:45,074 --> 02:35:48,443 >> other questions? No. >> I just wanted tohank julio 4550 02:35:48,443 --> 02:35:52,615 no. >> I just wanted tohank julio For your vision, your 4551 02:35:52,615 --> 02:35:57,553 >> I just wanted tohank julio For your vision, your Dedication, all the words you 4552 02:35:57,553 --> 02:36:01,490 for your vision, your Dedication, all the words you You hit us like a storm of 4553 02:36:01,490 --> 02:36:02,324 dedication, all the words you You hit us like a storm of Expectation. 4554 02:36:02,324 --> 02:36:05,094 you hit us like a storm of Expectation. And you have delivered for your 4555 02:36:05,094 --> 02:36:05,361 expectation. And you have delivered for your Community. 4556 02:36:05,361 --> 02:36:07,328 and you have delivered for your Community. And I just want to recognize 4557 02:36:07,328 --> 02:36:07,529 community. And I just want to recognize That. 4558 02:36:07,529 --> 02:36:10,932 and I just want to recognize That. And thank you for your volunteer 4559 02:36:10,932 --> 02:36:11,233 that. And thank you for your volunteer Leadership. 4560 02:36:11,233 --> 02:36:12,267 and thank you for your volunteer Leadership. >> here. 4561 02:36:12,267 --> 02:36:12,668 leadership. >> here. Here. 4562 02:36:12,668 --> 02:36:12,935 >> here. Here. Yeah. 4563 02:36:12,935 --> 02:36:13,469 here. Yeah. Thank you. 4564 02:36:13,469 --> 02:36:14,003 yeah. Thank you. And thank you all. 4565 02:36:14,003 --> 02:36:14,770 thank you. And thank you all. >> ann howard. 4566 02:36:14,770 --> 02:36:16,438 and thank you all. >> ann howard. As you may know, this is my 4567 02:36:16,438 --> 02:36:17,405 >> ann howard. As you may know, this is my Penultimate meeting. 4568 02:36:17,405 --> 02:36:19,040 as you may know, this is my Penultimate meeting. Earlier this. 4569 02:36:19,040 --> 02:36:19,742 penultimate meeting. Earlier this. Morning. 4570 02:36:19,742 --> 02:36:21,909 earlier this. Morning. As I was driving my with you 4571 02:36:21,909 --> 02:36:24,379 morning. As I was driving my with you All, with you all, unless 4572 02:36:24,379 --> 02:36:24,746 as I was driving my with you All, with you all, unless Something bad. 4573 02:36:24,746 --> 02:36:25,013 all, with you all, unless Something bad. [laughter] 4574 02:36:25,013 --> 02:36:25,747 something bad. [laughter] Happens which will not. 4575 02:36:25,747 --> 02:36:29,250 [laughter] Happens which will not. As I was driving my soon to be 4576 02:36:29,250 --> 02:36:32,854 happens which will not. As I was driving my soon to be Eight year old to school, I said 4577 02:36:32,854 --> 02:36:35,490 as I was driving my soon to be Eight year old to school, I said Early today is my penultimate 4578 02:36:35,490 --> 02:36:37,091 eight year old to school, I said Early today is my penultimate Meeting, which means the next to 4579 02:36:37,091 --> 02:36:37,358 early today is my penultimate Meeting, which means the next to Last one. 4580 02:36:37,358 --> 02:36:38,926 meeting, which means the next to Last one. That‘s your. 4581 02:36:38,926 --> 02:36:39,193 last one. That‘s your. [laughter] 4582 02:36:39,193 --> 02:36:40,696 that‘s your. [laughter] Word of the day for this. 4583 02:36:40,696 --> 02:36:43,631 [laughter] Word of the day for this. For this thing that I do, which 4584 02:36:43,631 --> 02:36:44,966 word of the day for this. For this thing that I do, which We‘ve talked about many times. 4585 02:36:44,966 --> 02:36:47,835 for this thing that I do, which We‘ve talked about many times. You know, I, I help our elected 4586 02:36:47,835 --> 02:36:48,871 we‘ve talked about many times. You know, I, I help our elected Officials build housing for 4587 02:36:48,871 --> 02:36:49,604 you know, I, I help our elected Officials build housing for People that need it. 4588 02:36:49,604 --> 02:36:52,608 officials build housing for People that need it. And his question, which was the 4589 02:36:52,608 --> 02:36:54,442 people that need it. And his question, which was the First time he‘s ever asked is 4590 02:36:54,442 --> 02:36:56,044 and his question, which was the First time he‘s ever asked is Like, why do you do it? 4591 02:36:56,044 --> 02:36:59,581 first time he‘s ever asked is Like, why do you do it? And I said, well, because I care 4592 02:36:59,581 --> 02:37:02,618 like, why do you do it? And I said, well, because I care A lot about our neighbors. 4593 02:37:02,618 --> 02:37:05,219 and I said, well, because I care A lot about our neighbors. And I really appreciate that 4594 02:37:05,219 --> 02:37:06,689 a lot about our neighbors. And I really appreciate that Here in my final year of 4595 02:37:06,689 --> 02:37:09,557 and I really appreciate that Here in my final year of Serving, you, hopefully with 4596 02:37:09,557 --> 02:37:11,392 here in my final year of Serving, you, hopefully with Fidelity, a word that 4597 02:37:11,392 --> 02:37:12,760 serving, you, hopefully with Fidelity, a word that Commissioner shea asked us when 4598 02:37:12,760 --> 02:37:15,463 fidelity, a word that Commissioner shea asked us when You interviewed us, that you are 4599 02:37:15,463 --> 02:37:16,732 commissioner shea asked us when You interviewed us, that you are Happy with the results. 4600 02:37:16,732 --> 02:37:20,502 you interviewed us, that you are Happy with the results. And I would say to you, I really 4601 02:37:20,502 --> 02:37:22,972 happy with the results. And I would say to you, I really Appreciate the patience that 4602 02:37:22,972 --> 02:37:24,105 and I would say to you, I really Appreciate the patience that You‘ve given us in the space 4603 02:37:24,105 --> 02:37:26,574 appreciate the patience that You‘ve given us in the space You‘ve given us to do the right 4604 02:37:26,574 --> 02:37:26,774 you‘ve given us in the space You‘ve given us to do the right Thing. 4605 02:37:26,774 --> 02:37:28,676 you‘ve given us to do the right Thing. I think we‘ve built you a 4606 02:37:28,676 --> 02:37:31,213 thing. I think we‘ve built you a Platform to keep doing great 4607 02:37:31,213 --> 02:37:31,446 I think we‘ve built you a Platform to keep doing great Things. 4608 02:37:31,446 --> 02:37:35,483 platform to keep doing great Things. I think that when I look at 4609 02:37:35,483 --> 02:37:37,318 things. I think that when I look at People like president huddleston 4610 02:37:37,318 --> 02:37:39,421 I think that when I look at People like president huddleston And director groves, and of 4611 02:37:39,421 --> 02:37:41,323 people like president huddleston And director groves, and of Course, our wonderful executive 4612 02:37:41,323 --> 02:37:43,091 and director groves, and of Course, our wonderful executive Director, I‘m very optimistic 4613 02:37:43,091 --> 02:37:44,793 course, our wonderful executive Director, I‘m very optimistic About what you will be able to 4614 02:37:44,793 --> 02:37:48,364 director, I‘m very optimistic About what you will be able to Do together, regardless of, you 4615 02:37:48,364 --> 02:37:50,232 about what you will be able to Do together, regardless of, you Know, 1 or 1 board member or one 4616 02:37:50,232 --> 02:37:51,033 do together, regardless of, you Know, 1 or 1 board member or one Staff member. 4617 02:37:51,033 --> 02:37:54,402 know, 1 or 1 board member or one Staff member. There‘s a engine of excellence 4618 02:37:54,402 --> 02:37:55,770 staff member. There‘s a engine of excellence That has been created, and I 4619 02:37:55,770 --> 02:37:58,374 there‘s a engine of excellence That has been created, and I Hope that you and whomever in 4620 02:37:58,374 --> 02:38:00,875 that has been created, and I Hope that you and whomever in The future follows you, will 4621 02:38:00,875 --> 02:38:04,313 hope that you and whomever in The future follows you, will Take it to the heights it can 4622 02:38:04,313 --> 02:38:04,546 the future follows you, will Take it to the heights it can Achieve. 4623 02:38:04,546 --> 02:38:08,050 take it to the heights it can Achieve. Because even when the momentary 4624 02:38:08,050 --> 02:38:10,385 achieve. Because even when the momentary Conditions say things are good, 4625 02:38:10,385 --> 02:38:12,220 because even when the momentary Conditions say things are good, If you are not vigilant, if 4626 02:38:12,220 --> 02:38:13,756 conditions say things are good, If you are not vigilant, if You‘re not adjust to the market, 4627 02:38:13,756 --> 02:38:15,124 if you are not vigilant, if You‘re not adjust to the market, If you‘re not, take care of your 4628 02:38:15,124 --> 02:38:15,357 you‘re not adjust to the market, If you‘re not, take care of your Assets. 4629 02:38:15,357 --> 02:38:17,226 if you‘re not, take care of your Assets. If you do not wake up every day 4630 02:38:17,226 --> 02:38:18,827 assets. If you do not wake up every day Trying to serve your neighbors, 4631 02:38:18,827 --> 02:38:20,061 if you do not wake up every day Trying to serve your neighbors, It‘s very easy for things to 4632 02:38:20,061 --> 02:38:21,362 trying to serve your neighbors, It‘s very easy for things to Fall into disrepair. 4633 02:38:21,362 --> 02:38:23,831 it‘s very easy for things to Fall into disrepair. So I will just say thank you. 4634 02:38:23,831 --> 02:38:26,601 fall into disrepair. So I will just say thank you. This has been a great 4635 02:38:26,601 --> 02:38:27,969 so I will just say thank you. This has been a great Opportunity to serve my 4636 02:38:27,969 --> 02:38:28,236 this has been a great Opportunity to serve my Community. 4637 02:38:28,236 --> 02:38:32,608 opportunity to serve my Community. I‘ve appreciated the engagement 4638 02:38:32,608 --> 02:38:34,043 community. I‘ve appreciated the engagement You have afforded me and the 4639 02:38:34,043 --> 02:38:35,277 I‘ve appreciated the engagement You have afforded me and the Trust that you‘ve given this 4640 02:38:35,277 --> 02:38:37,311 you have afforded me and the Trust that you‘ve given this Public enterprise that belongs 4641 02:38:37,311 --> 02:38:40,014 trust that you‘ve given this Public enterprise that belongs To the public and that you 4642 02:38:40,014 --> 02:38:41,449 public enterprise that belongs To the public and that you Ultimately helped lead and 4643 02:38:41,449 --> 02:38:41,649 to the public and that you Ultimately helped lead and Shape. 4644 02:38:41,649 --> 02:38:42,950 ultimately helped lead and Shape. Thank you for those kind 4645 02:38:42,950 --> 02:38:43,185 shape. Thank you for those kind Remarks. 4646 02:38:43,185 --> 02:38:43,786 thank you for those kind Remarks. >> thank you. 4647 02:38:43,786 --> 02:38:44,118 remarks. >> thank you. >> yeah. 4648 02:38:44,118 --> 02:38:44,787 >> thank you. >> yeah. Thank you for your. 4649 02:38:44,787 --> 02:38:45,087 >> yeah. Thank you for your. >> service. 4650 02:38:45,087 --> 02:38:46,121 thank you for your. >> service. >> all of you. 4651 02:38:46,121 --> 02:38:47,689 >> service. >> all of you. >> all right. 4652 02:38:47,689 --> 02:38:48,691 >> all of you. >> all right. Thanks so much. 4653 02:38:48,691 --> 02:38:50,125 >> all right. Thanks so much. >> thank you, thank you. 4654 02:38:50,125 --> 02:38:54,496 thanks so much. >> thank you, thank you. >> from the peanut gallery over. 4655 02:38:54,496 --> 02:38:54,830 >> thank you, thank you. >> from the peanut gallery over. >> there. 4656 02:38:54,830 --> 02:38:59,300 >> from the peanut gallery over. >> there. >> the next item is receive an 4657 02:38:59,300 --> 02:39:01,469 >> there. >> the next item is receive an Update on the status of the home 4658 02:39:01,469 --> 02:39:04,740 >> the next item is receive an Update on the status of the home Investment partnership program. 4659 02:39:04,740 --> 02:39:06,608 update on the status of the home Investment partnership program. >> and I just have to say, for 4660 02:39:06,608 --> 02:39:08,676 investment partnership program. >> and I just have to say, for The record, I think this is a 4661 02:39:08,676 --> 02:39:10,446 >> and I just have to say, for The record, I think this is a Fabulous summary, this work 4662 02:39:10,446 --> 02:39:12,381 the record, I think this is a Fabulous summary, this work Session of all of the incredible 4663 02:39:12,381 --> 02:39:14,649 fabulous summary, this work Session of all of the incredible Social services and supports and 4664 02:39:14,649 --> 02:39:16,017 session of all of the incredible Social services and supports and Assistance that we‘re providing 4665 02:39:16,017 --> 02:39:18,087 social services and supports and Assistance that we‘re providing To the community, both on health 4666 02:39:18,087 --> 02:39:19,321 assistance that we‘re providing To the community, both on health Care and on housing, which are 4667 02:39:19,321 --> 02:39:21,490 to the community, both on health Care and on housing, which are Really two enormous needs in the 4668 02:39:21,490 --> 02:39:23,625 care and on housing, which are Really two enormous needs in the Community. 4669 02:39:23,625 --> 02:39:46,148 really two enormous needs in the Community. >> good afternoon everyone. 4670 02:39:46,148 --> 02:39:48,851 community. >> good afternoon everyone. >> afternoon. 4671 02:39:48,851 --> 02:39:50,885 >> good afternoon everyone. >> afternoon. >> I know it‘s been a long day, 4672 02:39:50,885 --> 02:39:53,722 >> afternoon. >> I know it‘s been a long day, So we will do our very best to 4673 02:39:53,722 --> 02:39:54,490 >> I know it‘s been a long day, So we will do our very best to Keep to our time. 4674 02:39:54,490 --> 02:39:56,158 so we will do our very best to Keep to our time. About 30 minutes. 4675 02:39:56,158 --> 02:39:57,825 keep to our time. About 30 minutes. I‘m monique cole. 4676 02:39:57,825 --> 02:39:58,026 about 30 minutes. I‘m monique cole. Yeah. 4677 02:39:58,026 --> 02:39:58,426 I‘m monique cole. Yeah. [laughter] 4678 02:39:58,426 --> 02:39:58,993 yeah. [laughter] Please stretch. 4679 02:39:58,993 --> 02:40:01,597 [laughter] Please stretch. You need to stand up. 4680 02:40:01,597 --> 02:40:02,431 please stretch. You need to stand up. >> that‘s a good idea. 4681 02:40:02,431 --> 02:40:04,066 you need to stand up. >> that‘s a good idea. >> you need to stand up for a 4682 02:40:04,066 --> 02:40:04,299 >> that‘s a good idea. >> you need to stand up for a Moment. 4683 02:40:04,299 --> 02:40:07,936 >> you need to stand up for a Moment. I‘m monique coleman, the 4684 02:40:07,936 --> 02:40:09,537 moment. I‘m monique coleman, the Supportive housing division 4685 02:40:09,537 --> 02:40:10,205 I‘m monique coleman, the Supportive housing division Director in hhs. 4686 02:40:10,205 --> 02:40:15,777 supportive housing division Director in hhs. And it‘s my pleasure to present 4687 02:40:15,777 --> 02:40:17,345 director in hhs. And it‘s my pleasure to present The home investment partnership 4688 02:40:17,345 --> 02:40:18,614 and it‘s my pleasure to present The home investment partnership Program that we are working to 4689 02:40:18,614 --> 02:40:20,949 the home investment partnership Program that we are working to Launch for travis county. 4690 02:40:20,949 --> 02:40:23,885 program that we are working to Launch for travis county. It is a new hud funding source 4691 02:40:23,885 --> 02:40:24,452 launch for travis county. It is a new hud funding source For the county. 4692 02:40:24,452 --> 02:40:26,854 it is a new hud funding source For the county. I‘m excited to have with us 4693 02:40:26,854 --> 02:40:29,023 for the county. I‘m excited to have with us Today representatives from 4694 02:40:29,023 --> 02:40:31,192 I‘m excited to have with us Today representatives from Framework cdc, joyce mcdonald 4695 02:40:31,192 --> 02:40:32,428 today representatives from Framework cdc, joyce mcdonald And patricia barrera. 4696 02:40:32,428 --> 02:40:34,996 framework cdc, joyce mcdonald And patricia barrera. And I‘m also thrilled that we 4697 02:40:34,996 --> 02:40:38,600 and patricia barrera. And I‘m also thrilled that we Have with us, brenda, from the 4698 02:40:38,600 --> 02:40:39,868 and I‘m also thrilled that we Have with us, brenda, from the Hats program. 4699 02:40:39,868 --> 02:40:42,304 have with us, brenda, from the Hats program. She is the resident services 4700 02:40:42,304 --> 02:40:45,107 hats program. She is the resident services Director for the family 4701 02:40:45,107 --> 02:40:46,108 she is the resident services Director for the family Self-sufficiency program. 4702 02:40:46,108 --> 02:40:47,142 director for the family Self-sufficiency program. And then, of course, to my left 4703 02:40:47,142 --> 02:40:48,277 self-sufficiency program. And then, of course, to my left Is jane don. 4704 02:40:48,277 --> 02:40:50,077 and then, of course, to my left Is jane don. She is our cdbg planning 4705 02:40:50,077 --> 02:40:50,311 is jane don. She is our cdbg planning Manager. 4706 02:40:50,311 --> 02:40:52,848 she is our cdbg planning Manager. So we will kick off our 4707 02:40:52,848 --> 02:40:54,382 manager. So we will kick off our Presentation at this time. 4708 02:40:54,382 --> 02:40:54,716 so we will kick off our Presentation at this time. >> thank you. 4709 02:40:54,716 --> 02:40:54,949 presentation at this time. >> thank you. Monique. 4710 02:40:54,949 --> 02:40:59,688 >> thank you. Monique. Good afternoon commissioner. 4711 02:40:59,688 --> 02:41:01,323 monique. Good afternoon commissioner. >> might pull the microphone a 4712 02:41:01,323 --> 02:41:01,924 good afternoon commissioner. >> might pull the microphone a Little closer. 4713 02:41:01,924 --> 02:41:02,958 >> might pull the microphone a Little closer. We can‘t hear you. 4714 02:41:02,958 --> 02:41:03,759 little closer. We can‘t hear you. >> is this. 4715 02:41:03,759 --> 02:41:04,026 we can‘t hear you. >> is this. [laughter] 4716 02:41:04,026 --> 02:41:04,259 >> is this. [laughter] Better? 4717 02:41:04,259 --> 02:41:06,462 [laughter] Better? Okay. 4718 02:41:06,462 --> 02:41:06,861 better? Okay. All right. 4719 02:41:06,861 --> 02:41:08,629 okay. All right. So I will briefly walk through 4720 02:41:08,629 --> 02:41:09,797 all right. So I will briefly walk through The program background. 4721 02:41:09,797 --> 02:41:13,301 so I will briefly walk through The program background. The home investment partnership 4722 02:41:13,301 --> 02:41:17,138 the program background. The home investment partnership Program, or home, is the federal 4723 02:41:17,138 --> 02:41:19,006 the home investment partnership Program, or home, is the federal Program that helps support 4724 02:41:19,006 --> 02:41:20,575 program, or home, is the federal Program that helps support Affordable housing through the 4725 02:41:20,575 --> 02:41:21,844 program that helps support Affordable housing through the Public private partnership. 4726 02:41:21,844 --> 02:41:24,546 affordable housing through the Public private partnership. As a background, cdbg travis 4727 02:41:24,546 --> 02:41:26,148 public private partnership. As a background, cdbg travis County became the cdbg 4728 02:41:26,148 --> 02:41:29,450 as a background, cdbg travis County became the cdbg Entitlement urban county in 4729 02:41:29,450 --> 02:41:31,919 county became the cdbg Entitlement urban county in 2006, and we became the home 4730 02:41:31,919 --> 02:41:33,989 entitlement urban county in 2006, and we became the home Participating jurisdictional pj 4731 02:41:33,989 --> 02:41:35,090 2006, and we became the home Participating jurisdictional pj In 2024. 4732 02:41:35,090 --> 02:41:37,993 participating jurisdictional pj In 2024. As we specified in our program 4733 02:41:37,993 --> 02:41:42,064 in 2024. As we specified in our program Year 2024 to 2028 consolidated 4734 02:41:42,064 --> 02:41:44,066 as we specified in our program Year 2024 to 2028 consolidated Plan that the home priorities 4735 02:41:44,066 --> 02:41:46,435 year 2024 to 2028 consolidated Plan that the home priorities Focus on two priorities the home 4736 02:41:46,435 --> 02:41:49,171 plan that the home priorities Focus on two priorities the home Ownership assistance through the 4737 02:41:49,171 --> 02:41:51,473 focus on two priorities the home Ownership assistance through the Down payment assistance program 4738 02:41:51,473 --> 02:41:53,307 ownership assistance through the Down payment assistance program And the affordable housing 4739 02:41:53,307 --> 02:41:54,976 down payment assistance program And the affordable housing Through the affordable single 4740 02:41:54,976 --> 02:41:56,611 and the affordable housing Through the affordable single Family housing development. 4741 02:41:56,611 --> 02:41:59,915 through the affordable single Family housing development. This table shows the funding 4742 02:41:59,915 --> 02:42:00,915 family housing development. This table shows the funding Allocation breakdown. 4743 02:42:00,915 --> 02:42:03,218 this table shows the funding Allocation breakdown. Have the allocation amount from 4744 02:42:03,218 --> 02:42:06,188 allocation breakdown. Have the allocation amount from Program year 2024 to 2026. 4745 02:42:06,188 --> 02:42:10,358 have the allocation amount from Program year 2024 to 2026. We have 10% admin set aside, 4746 02:42:10,358 --> 02:42:14,196 program year 2024 to 2026. We have 10% admin set aside, 15%, set aside this home fund 4747 02:42:14,196 --> 02:42:17,699 we have 10% admin set aside, 15%, set aside this home fund Required 25% nonfederal match 4748 02:42:17,699 --> 02:42:19,935 15%, set aside this home fund Required 25% nonfederal match And travis county‘s partnership 4749 02:42:19,935 --> 02:42:21,904 required 25% nonfederal match And travis county‘s partnership With housing authorities of 4750 02:42:21,904 --> 02:42:24,806 and travis county‘s partnership With housing authorities of Travis county and travis county 4751 02:42:24,806 --> 02:42:27,308 with housing authorities of Travis county and travis county Facility corporation to provide 4752 02:42:27,308 --> 02:42:29,977 travis county and travis county Facility corporation to provide This match program. 4753 02:42:29,977 --> 02:42:33,381 facility corporation to provide This match program. Year 24 and 25 match funding 4754 02:42:33,381 --> 02:42:35,449 this match program. Year 24 and 25 match funding Agreement were executed, and we 4755 02:42:35,449 --> 02:42:39,020 year 24 and 25 match funding Agreement were executed, and we Are anticipating execute the py 4756 02:42:39,020 --> 02:42:41,290 agreement were executed, and we Are anticipating execute the py 26 matching funding agreement 4757 02:42:41,290 --> 02:42:43,257 are anticipating execute the py 26 matching funding agreement Following the approval of our 4758 02:42:43,257 --> 02:42:46,794 26 matching funding agreement Following the approval of our Program year 26 action plan. 4759 02:42:46,794 --> 02:42:49,431 following the approval of our Program year 26 action plan. This slide shows the progress to 4760 02:42:49,431 --> 02:42:53,235 program year 26 action plan. This slide shows the progress to Date since we became the pj, 4761 02:42:53,235 --> 02:42:55,537 this slide shows the progress to Date since we became the pj, Cdbg has been working closely 4762 02:42:55,537 --> 02:42:57,706 date since we became the pj, Cdbg has been working closely With the travis county attorney 4763 02:42:57,706 --> 02:42:57,939 cdbg has been working closely With the travis county attorney Office. 4764 02:42:57,939 --> 02:43:02,277 with the travis county attorney Office. The auditor‘s office, patsy and 4765 02:43:02,277 --> 02:43:04,780 office. The auditor‘s office, patsy and Framework cdc to estuaries 4766 02:43:04,780 --> 02:43:08,317 the auditor‘s office, patsy and Framework cdc to estuaries Program guidelines and in. 4767 02:43:08,317 --> 02:43:13,188 framework cdc to estuaries Program guidelines and in. Require implementation 4768 02:43:13,188 --> 02:43:13,455 program guidelines and in. Require implementation Documents. 4769 02:43:13,455 --> 02:43:17,993 require implementation Documents. Back in 2025, we have a meeting 4770 02:43:17,993 --> 02:43:19,661 documents. Back in 2025, we have a meeting With patsy, board member to 4771 02:43:19,661 --> 02:43:21,128 back in 2025, we have a meeting With patsy, board member to Discuss lowering the income 4772 02:43:21,128 --> 02:43:24,131 with patsy, board member to Discuss lowering the income Limit from 60% to 50% lmi. 4773 02:43:24,131 --> 02:43:25,901 discuss lowering the income Limit from 60% to 50% lmi. And this is better aligned with 4774 02:43:25,901 --> 02:43:27,402 limit from 60% to 50% lmi. And this is better aligned with The affordability need. 4775 02:43:27,402 --> 02:43:29,071 and this is better aligned with The affordability need. Following that, we discussed 4776 02:43:29,071 --> 02:43:29,470 the affordability need. Following that, we discussed With hud. 4777 02:43:29,470 --> 02:43:31,372 following that, we discussed With hud. And right now, the home dpa 4778 02:43:31,372 --> 02:43:33,574 with hud. And right now, the home dpa Program limit was lowered to the 4779 02:43:33,574 --> 02:43:35,310 and right now, the home dpa Program limit was lowered to the 50% ami. 4780 02:43:35,310 --> 02:43:38,946 program limit was lowered to the 50% ami. At this time, I would say that 4781 02:43:38,946 --> 02:43:44,919 50% ami. At this time, I would say that Much of the program policies and 4782 02:43:44,919 --> 02:43:49,358 at this time, I would say that Much of the program policies and The program is already underway 4783 02:43:49,358 --> 02:43:53,395 much of the program policies and The program is already underway Or substantially completed, and 4784 02:43:53,395 --> 02:43:55,030 the program is already underway Or substantially completed, and We are very excited that we 4785 02:43:55,030 --> 02:43:56,365 or substantially completed, and We are very excited that we Think that we‘re going to 4786 02:43:56,365 --> 02:43:57,833 we are very excited that we Think that we‘re going to Implement this program in a few 4787 02:43:57,833 --> 02:43:58,066 think that we‘re going to Implement this program in a few Months. 4788 02:43:58,066 --> 02:44:01,036 implement this program in a few Months. I would like to this slide also 4789 02:44:01,036 --> 02:44:03,237 months. I would like to this slide also Show. 4790 02:44:03,237 --> 02:44:05,172 I would like to this slide also Show. >> excuse me, the 50%. 4791 02:44:05,172 --> 02:44:11,379 show. >> excuse me, the 50%. Lmi is that the the minimum, the 4792 02:44:11,379 --> 02:44:13,314 >> excuse me, the 50%. Lmi is that the the minimum, the Maximum you have, you can have 4793 02:44:13,314 --> 02:44:15,250 lmi is that the the minimum, the Maximum you have, you can have To participate in the program. 4794 02:44:15,250 --> 02:44:15,851 maximum you have, you can have To participate in the program. >> yes. 4795 02:44:15,851 --> 02:44:16,218 to participate in the program. >> yes. No, ma‘am. 4796 02:44:16,218 --> 02:44:17,686 >> yes. No, ma‘am. That‘s the that‘s the minimum. 4797 02:44:17,686 --> 02:44:21,924 no, ma‘am. That‘s the that‘s the minimum. So it‘s 50 to 80% ami okay. 4798 02:44:21,924 --> 02:44:24,892 that‘s the that‘s the minimum. So it‘s 50 to 80% ami okay. >> you have to fall between 50 4799 02:44:24,892 --> 02:44:25,127 so it‘s 50 to 80% ami okay. >> you have to fall between 50 And 80%. 4800 02:44:25,127 --> 02:44:25,561 >> you have to fall between 50 And 80%. >> that is correct. 4801 02:44:25,561 --> 02:44:25,894 and 80%. >> that is correct. >> correct. 4802 02:44:25,894 --> 02:44:27,929 >> that is correct. >> correct. Lmi to participate in this 4803 02:44:27,929 --> 02:44:28,162 >> correct. Lmi to participate in this Program. 4804 02:44:28,162 --> 02:44:28,729 lmi to participate in this Program. >> that‘s correct. 4805 02:44:28,729 --> 02:44:31,165 program. >> that‘s correct. >> and just transition into this 4806 02:44:31,165 --> 02:44:32,601 >> that‘s correct. >> and just transition into this Slide perfectly, because this is 4807 02:44:32,601 --> 02:44:34,101 >> and just transition into this Slide perfectly, because this is What we have on our website. 4808 02:44:34,101 --> 02:44:37,973 slide perfectly, because this is What we have on our website. Is the current home income limit 4809 02:44:37,973 --> 02:44:40,776 what we have on our website. Is the current home income limit That we use for the down payment 4810 02:44:40,776 --> 02:44:41,577 is the current home income limit That we use for the down payment Assistance program. 4811 02:44:41,577 --> 02:44:43,311 that we use for the down payment Assistance program. The 50% is in the middle. 4812 02:44:43,311 --> 02:44:45,379 assistance program. The 50% is in the middle. And of course, 80% is on the 4813 02:44:45,379 --> 02:44:47,816 the 50% is in the middle. And of course, 80% is on the Right side. 4814 02:44:47,816 --> 02:44:49,216 and of course, 80% is on the Right side. From this, I would like to 4815 02:44:49,216 --> 02:44:51,352 right side. From this, I would like to Transition back to monique‘s to 4816 02:44:51,352 --> 02:44:52,987 from this, I would like to Transition back to monique‘s to Walk through the home regulation 4817 02:44:52,987 --> 02:44:53,655 transition back to monique‘s to Walk through the home regulation And requirement. 4818 02:44:53,655 --> 02:44:55,122 walk through the home regulation And requirement. >> thank you. 4819 02:44:55,122 --> 02:44:57,091 and requirement. >> thank you. Ying. 4820 02:44:57,091 --> 02:44:58,860 >> thank you. Ying. So a little bit about the 4821 02:44:58,860 --> 02:44:59,161 ying. So a little bit about the Regulations. 4822 02:44:59,161 --> 02:45:01,095 so a little bit about the Regulations. If you would advance the slide 4823 02:45:01,095 --> 02:45:01,496 regulations. If you would advance the slide For me, please. 4824 02:45:01,496 --> 02:45:02,164 if you would advance the slide For me, please. Thank you. 4825 02:45:02,164 --> 02:45:07,469 for me, please. Thank you. The home program is mandated by 4826 02:45:07,469 --> 02:45:09,438 thank you. The home program is mandated by 24 cfr part 92. 4827 02:45:09,438 --> 02:45:12,139 the home program is mandated by 24 cfr part 92. We did see some home rule 4828 02:45:12,139 --> 02:45:13,608 24 cfr part 92. We did see some home rule Changes in 2025. 4829 02:45:13,608 --> 02:45:16,344 we did see some home rule Changes in 2025. So we became a home pj or 4830 02:45:16,344 --> 02:45:18,513 changes in 2025. So we became a home pj or Participating jurisdiction in 4831 02:45:18,513 --> 02:45:19,648 so we became a home pj or Participating jurisdiction in 2024 2025. 4832 02:45:19,648 --> 02:45:21,148 participating jurisdiction in 2024 2025. Hud made a bunch of changes. 4833 02:45:21,148 --> 02:45:24,186 2024 2025. Hud made a bunch of changes. I‘ve listed some of those 4834 02:45:24,186 --> 02:45:24,986 hud made a bunch of changes. I‘ve listed some of those Highlights on the slide. 4835 02:45:24,986 --> 02:45:27,556 I‘ve listed some of those Highlights on the slide. This is not all encompassing, 4836 02:45:27,556 --> 02:45:28,656 highlights on the slide. This is not all encompassing, But they revised or increased 4837 02:45:28,656 --> 02:45:30,459 this is not all encompassing, But they revised or increased The affordability limits, which 4838 02:45:30,459 --> 02:45:32,060 but they revised or increased The affordability limits, which I will show you here. 4839 02:45:32,060 --> 02:45:33,695 the affordability limits, which I will show you here. Throughout the presentation, 4840 02:45:33,695 --> 02:45:35,297 I will show you here. Throughout the presentation, They expanded access to chodos 4841 02:45:35,297 --> 02:45:37,165 throughout the presentation, They expanded access to chodos Or community housing development 4842 02:45:37,165 --> 02:45:38,432 they expanded access to chodos Or community housing development Organizations, set aside funds 4843 02:45:38,432 --> 02:45:40,769 or community housing development Organizations, set aside funds By neighborhood based nonprofit 4844 02:45:40,769 --> 02:45:41,503 organizations, set aside funds By neighborhood based nonprofit Organizations, which is great. 4845 02:45:41,503 --> 02:45:43,338 by neighborhood based nonprofit Organizations, which is great. An example of a chodo could be 4846 02:45:43,338 --> 02:45:44,439 organizations, which is great. An example of a chodo could be Like a habitat for humanity. 4847 02:45:44,439 --> 02:45:46,441 an example of a chodo could be Like a habitat for humanity. For example, building affordable 4848 02:45:46,441 --> 02:45:47,808 like a habitat for humanity. For example, building affordable Housing, they clarified 4849 02:45:47,808 --> 02:45:48,844 for example, building affordable Housing, they clarified Homeownership requirements to 4850 02:45:48,844 --> 02:45:50,344 housing, they clarified Homeownership requirements to Improve compliance and improve 4851 02:45:50,344 --> 02:45:52,347 homeownership requirements to Improve compliance and improve Program outcomes for home buyers 4852 02:45:52,347 --> 02:45:54,882 improve compliance and improve Program outcomes for home buyers And implement new provisions for 4853 02:45:54,882 --> 02:45:56,685 program outcomes for home buyers And implement new provisions for Community land trusts to 4854 02:45:56,685 --> 02:45:58,587 and implement new provisions for Community land trusts to Exercise a preemptive purchase 4855 02:45:58,587 --> 02:45:58,820 community land trusts to Exercise a preemptive purchase Rights. 4856 02:45:58,820 --> 02:46:00,321 exercise a preemptive purchase Rights. We do have a community land 4857 02:46:00,321 --> 02:46:01,857 rights. We do have a community land Trust or clt in this community. 4858 02:46:01,857 --> 02:46:03,191 we do have a community land Trust or clt in this community. It is within the city of austin. 4859 02:46:03,191 --> 02:46:04,860 trust or clt in this community. It is within the city of austin. It‘s not in our boundary, but 4860 02:46:04,860 --> 02:46:06,361 it is within the city of austin. It‘s not in our boundary, but Joyce has worked with the city 4861 02:46:06,361 --> 02:46:08,129 it‘s not in our boundary, but Joyce has worked with the city Of austin on the clt. 4862 02:46:08,129 --> 02:46:10,198 joyce has worked with the city Of austin on the clt. So I‘m really excited to have 4863 02:46:10,198 --> 02:46:11,033 of austin on the clt. So I‘m really excited to have Joyce as a partner. 4864 02:46:11,033 --> 02:46:13,334 so I‘m really excited to have Joyce as a partner. Due to her extensive expertise. 4865 02:46:13,334 --> 02:46:16,938 joyce as a partner. Due to her extensive expertise. Another change was to make home 4866 02:46:16,938 --> 02:46:19,608 due to her extensive expertise. Another change was to make home Tbra work better for vulnerable 4867 02:46:19,608 --> 02:46:19,908 another change was to make home Tbra work better for vulnerable Populations. 4868 02:46:19,908 --> 02:46:20,909 tbra work better for vulnerable Populations. We actually get a lot of phone 4869 02:46:20,909 --> 02:46:22,743 populations. We actually get a lot of phone Calls about tbra, the tenant 4870 02:46:22,743 --> 02:46:24,212 we actually get a lot of phone Calls about tbra, the tenant Based rental assistance were 4871 02:46:24,212 --> 02:46:25,614 calls about tbra, the tenant Based rental assistance were Actually not using our home 4872 02:46:25,614 --> 02:46:27,182 based rental assistance were Actually not using our home Funds at this time for tbra, but 4873 02:46:27,182 --> 02:46:28,382 actually not using our home Funds at this time for tbra, but We would be interested in 4874 02:46:28,382 --> 02:46:29,784 funds at this time for tbra, but We would be interested in Receiving feedback from the 4875 02:46:29,784 --> 02:46:32,321 we would be interested in Receiving feedback from the Court as we develop and stand up 4876 02:46:32,321 --> 02:46:34,189 receiving feedback from the Court as we develop and stand up Is program, we are going to 4877 02:46:34,189 --> 02:46:36,725 court as we develop and stand up Is program, we are going to Start looking at ways to try to 4878 02:46:36,725 --> 02:46:37,492 is program, we are going to Start looking at ways to try to Expand what we‘re using our 4879 02:46:37,492 --> 02:46:38,125 start looking at ways to try to Expand what we‘re using our Money for. 4880 02:46:38,125 --> 02:46:40,262 expand what we‘re using our Money for. Right now, we‘re focusing on 4881 02:46:40,262 --> 02:46:42,064 money for. Right now, we‘re focusing on Down payment assistance for home 4882 02:46:42,064 --> 02:46:44,131 right now, we‘re focusing on Down payment assistance for home Ownership and providing money to 4883 02:46:44,131 --> 02:46:45,466 down payment assistance for home Ownership and providing money to Chodos for affordable housing. 4884 02:46:45,466 --> 02:46:47,736 ownership and providing money to Chodos for affordable housing. But an opportunity for tbra may 4885 02:46:47,736 --> 02:46:48,936 chodos for affordable housing. But an opportunity for tbra may Be in the near future. 4886 02:46:48,936 --> 02:46:51,672 but an opportunity for tbra may Be in the near future. Strengthening tenant rights and 4887 02:46:51,672 --> 02:46:53,507 be in the near future. Strengthening tenant rights and Protections for occupants of the 4888 02:46:53,507 --> 02:46:53,709 strengthening tenant rights and Protections for occupants of the Home. 4889 02:46:53,709 --> 02:46:56,010 protections for occupants of the Home. Assisted rental rental units and 4890 02:46:56,010 --> 02:46:57,611 home. Assisted rental rental units and Recipients of home tbra, and 4891 02:46:57,611 --> 02:46:59,147 assisted rental rental units and Recipients of home tbra, and Establishing new methods for 4892 02:46:59,147 --> 02:47:01,083 recipients of home tbra, and Establishing new methods for Determining maximum per unit 4893 02:47:01,083 --> 02:47:01,350 establishing new methods for Determining maximum per unit Subsidies. 4894 02:47:01,350 --> 02:47:02,784 determining maximum per unit Subsidies. Subsidy limits, which I will 4895 02:47:02,784 --> 02:47:03,218 subsidies. Subsidy limits, which I will Also talk about. 4896 02:47:03,218 --> 02:47:05,253 subsidy limits, which I will Also talk about. Those are just a couple of the 4897 02:47:05,253 --> 02:47:06,688 also talk about. Those are just a couple of the Highlights from the home rule 4898 02:47:06,688 --> 02:47:06,922 those are just a couple of the Highlights from the home rule Changes. 4899 02:47:06,922 --> 02:47:08,889 highlights from the home rule Changes. Another thing with regards to 4900 02:47:08,889 --> 02:47:10,192 changes. Another thing with regards to Regulations and requirements, we 4901 02:47:10,192 --> 02:47:12,361 another thing with regards to Regulations and requirements, we Are required to have our 4902 02:47:12,361 --> 02:47:13,762 regulations and requirements, we Are required to have our Recapture provisions approved by 4903 02:47:13,762 --> 02:47:15,364 are required to have our Recapture provisions approved by Hud. 4904 02:47:15,364 --> 02:47:16,999 recapture provisions approved by Hud. Recapture basically means when 4905 02:47:16,999 --> 02:47:19,601 hud. Recapture basically means when You give out money to a home 4906 02:47:19,601 --> 02:47:21,803 recapture basically means when You give out money to a home Buyer, if they move out before 4907 02:47:21,803 --> 02:47:23,504 you give out money to a home Buyer, if they move out before The affordability, the mandated 4908 02:47:23,504 --> 02:47:25,273 buyer, if they move out before The affordability, the mandated Affordability period expires, 4909 02:47:25,273 --> 02:47:26,375 the affordability, the mandated Affordability period expires, How are you going to get that 4910 02:47:26,375 --> 02:47:27,108 affordability period expires, How are you going to get that Money back? 4911 02:47:27,108 --> 02:47:29,611 how are you going to get that Money back? So you can either use a what‘s 4912 02:47:29,611 --> 02:47:31,078 money back? So you can either use a what‘s Called a recapture provision, 4913 02:47:31,078 --> 02:47:32,314 so you can either use a what‘s Called a recapture provision, Which is the model that travis 4914 02:47:32,314 --> 02:47:33,514 called a recapture provision, Which is the model that travis County is utilizing. 4915 02:47:33,514 --> 02:47:34,949 which is the model that travis County is utilizing. Or you can use a resale 4916 02:47:34,949 --> 02:47:35,216 county is utilizing. Or you can use a resale Provision. 4917 02:47:35,216 --> 02:47:36,450 or you can use a resale Provision. Please don‘t ask me to explain 4918 02:47:36,450 --> 02:47:37,385 provision. Please don‘t ask me to explain The resale because it‘s not our 4919 02:47:37,385 --> 02:47:38,686 please don‘t ask me to explain The resale because it‘s not our Model and I don‘t have it 4920 02:47:38,686 --> 02:47:41,590 the resale because it‘s not our Model and I don‘t have it Memorized, but we are using the 4921 02:47:41,590 --> 02:47:43,492 model and I don‘t have it Memorized, but we are using the Recapture provision and we had 4922 02:47:43,492 --> 02:47:44,659 memorized, but we are using the Recapture provision and we had To have those approved. 4923 02:47:44,659 --> 02:47:46,193 recapture provision and we had To have those approved. And then lastly, policies and 4924 02:47:46,193 --> 02:47:47,061 to have those approved. And then lastly, policies and Procedures for our program. 4925 02:47:47,061 --> 02:47:48,196 and then lastly, policies and Procedures for our program. Next slide please. 4926 02:47:48,196 --> 02:47:49,263 procedures for our program. Next slide please. So this is just a screenshot. 4927 02:47:49,263 --> 02:47:50,365 next slide please. So this is just a screenshot. I‘m not going to talk about it. 4928 02:47:50,365 --> 02:47:51,600 so this is just a screenshot. I‘m not going to talk about it. Just want the court and the 4929 02:47:51,600 --> 02:47:53,402 I‘m not going to talk about it. Just want the court and the Public to be aware that we do 4930 02:47:53,402 --> 02:47:55,037 just want the court and the Public to be aware that we do Have policies and procedures. 4931 02:47:55,037 --> 02:47:56,438 public to be aware that we do Have policies and procedures. They are nearing completion. 4932 02:47:56,438 --> 02:47:56,972 have policies and procedures. They are nearing completion. They are not done. 4933 02:47:56,972 --> 02:47:58,706 they are nearing completion. They are not done. This has been a very 4934 02:47:58,706 --> 02:47:59,708 they are not done. This has been a very Comprehensive process. 4935 02:47:59,708 --> 02:48:02,310 this has been a very Comprehensive process. And next slide, please. 4936 02:48:02,310 --> 02:48:04,279 comprehensive process. And next slide, please. This is just to show that our 4937 02:48:04,279 --> 02:48:06,114 and next slide, please. This is just to show that our That hud did approve the 4938 02:48:06,114 --> 02:48:08,283 this is just to show that our That hud did approve the County‘s recapture provisions on 4939 02:48:08,283 --> 02:48:09,584 that hud did approve the County‘s recapture provisions on April 22nd, 2025. 4940 02:48:09,584 --> 02:48:11,286 county‘s recapture provisions on April 22nd, 2025. Next slide please. 4941 02:48:11,286 --> 02:48:13,722 april 22nd, 2025. Next slide please. So now I‘m going to go in to 4942 02:48:13,722 --> 02:48:16,091 next slide please. So now I‘m going to go in to Program design just to hit the 4943 02:48:16,091 --> 02:48:17,259 so now I‘m going to go in to Program design just to hit the Highlights for you. 4944 02:48:17,259 --> 02:48:20,061 program design just to hit the Highlights for you. All the jurisdiction for the 4945 02:48:20,061 --> 02:48:21,963 highlights for you. All the jurisdiction for the Home investment partnership 4946 02:48:21,963 --> 02:48:23,365 all the jurisdiction for the Home investment partnership Program is a travis county 4947 02:48:23,365 --> 02:48:24,165 home investment partnership Program is a travis county Service area. 4948 02:48:24,165 --> 02:48:26,902 program is a travis county Service area. So as you know, we are an 4949 02:48:26,902 --> 02:48:27,402 service area. So as you know, we are an Entitlement. 4950 02:48:27,402 --> 02:48:29,171 so as you know, we are an Entitlement. Urban county city of austin has 4951 02:48:29,171 --> 02:48:29,470 entitlement. Urban county city of austin has Their money. 4952 02:48:29,470 --> 02:48:31,338 urban county city of austin has Their money. We are now receiving ours. 4953 02:48:31,338 --> 02:48:32,307 their money. We are now receiving ours. We have to spend our money in 4954 02:48:32,307 --> 02:48:33,175 we are now receiving ours. We have to spend our money in Our jurisdiction. 4955 02:48:33,175 --> 02:48:34,776 we have to spend our money in Our jurisdiction. That‘s unincorporated travis 4956 02:48:34,776 --> 02:48:37,212 our jurisdiction. That‘s unincorporated travis County and small cities that are 4957 02:48:37,212 --> 02:48:38,379 that‘s unincorporated travis County and small cities that are Operating under a cooperation 4958 02:48:38,379 --> 02:48:40,348 county and small cities that are Operating under a cooperation Agreement with travis county 4959 02:48:40,348 --> 02:48:40,881 operating under a cooperation Agreement with travis county Income limits. 4960 02:48:40,881 --> 02:48:42,718 agreement with travis county Income limits. As we just mentioned, 4961 02:48:42,718 --> 02:48:44,486 income limits. As we just mentioned, Commissioner howard is 50% to 4962 02:48:44,486 --> 02:48:44,753 as we just mentioned, Commissioner howard is 50% to 80% ami. 4963 02:48:44,753 --> 02:48:48,622 commissioner howard is 50% to 80% ami. That means the folks that are 4964 02:48:48,622 --> 02:48:49,658 80% ami. That means the folks that are Participating in our program, we 4965 02:48:49,658 --> 02:48:52,527 that means the folks that are Participating in our program, we Want them to be in that income 4966 02:48:52,527 --> 02:48:52,727 participating in our program, we Want them to be in that income Range. 4967 02:48:52,727 --> 02:48:55,564 want them to be in that income Range. Typically, dpa programs that are 4968 02:48:55,564 --> 02:48:57,699 range. Typically, dpa programs that are Funded by home are 60 to 80% 4969 02:48:57,699 --> 02:48:57,865 typically, dpa programs that are Funded by home are 60 to 80% Ami. 4970 02:48:57,865 --> 02:48:59,267 funded by home are 60 to 80% Ami. But as you will hear later 4971 02:48:59,267 --> 02:49:01,002 ami. But as you will hear later Through our partnership with 4972 02:49:01,002 --> 02:49:02,436 but as you will hear later Through our partnership with Fss, we really wanted to try to 4973 02:49:02,436 --> 02:49:04,439 through our partnership with Fss, we really wanted to try to Create an opportunity to do a 4974 02:49:04,439 --> 02:49:05,841 fss, we really wanted to try to Create an opportunity to do a Subsidy layer, which is 4975 02:49:05,841 --> 02:49:07,041 create an opportunity to do a Subsidy layer, which is Something you asked about 4976 02:49:07,041 --> 02:49:08,110 subsidy layer, which is Something you asked about Earlier, commissioner shea, 4977 02:49:08,110 --> 02:49:09,577 something you asked about Earlier, commissioner shea, About layering subsidies from 4978 02:49:09,577 --> 02:49:10,946 earlier, commissioner shea, About layering subsidies from Other entities or from the 4979 02:49:10,946 --> 02:49:12,747 about layering subsidies from Other entities or from the Escrow program that you‘ll hear 4980 02:49:12,747 --> 02:49:12,948 other entities or from the Escrow program that you‘ll hear About. 4981 02:49:12,948 --> 02:49:13,781 escrow program that you‘ll hear About. We really wanted to try to 4982 02:49:13,781 --> 02:49:15,884 about. We really wanted to try to Create an opportunity for the 4983 02:49:15,884 --> 02:49:17,486 we really wanted to try to Create an opportunity for the Potential buyer on the lower end 4984 02:49:17,486 --> 02:49:20,522 create an opportunity for the Potential buyer on the lower end Of the income spectrum, the home 4985 02:49:20,522 --> 02:49:22,924 potential buyer on the lower end Of the income spectrum, the home Investment local limit, the 4986 02:49:22,924 --> 02:49:25,192 of the income spectrum, the home Investment local limit, the Statute does require that there 4987 02:49:25,192 --> 02:49:27,763 investment local limit, the Statute does require that there Is a at least a minimum of 4988 02:49:27,763 --> 02:49:31,031 statute does require that there Is a at least a minimum of $1,000 per unit investment, if 4989 02:49:31,031 --> 02:49:32,601 is a at least a minimum of $1,000 per unit investment, if I‘m stating that correctly. 4990 02:49:32,601 --> 02:49:34,803 $1,000 per unit investment, if I‘m stating that correctly. So our local limit for the home 4991 02:49:34,803 --> 02:49:36,203 I‘m stating that correctly. So our local limit for the home Buyers is $1,500. 4992 02:49:36,203 --> 02:49:38,240 so our local limit for the home Buyers is $1,500. We are also setting a 4993 02:49:38,240 --> 02:49:40,074 buyers is $1,500. We are also setting a Prerequisite that the purchaser 4994 02:49:40,074 --> 02:49:42,209 we are also setting a Prerequisite that the purchaser Has a post savings account 4995 02:49:42,209 --> 02:49:43,811 prerequisite that the purchaser Has a post savings account Requirement of $2,000. 4996 02:49:43,811 --> 02:49:46,514 has a post savings account Requirement of $2,000. Our direct subsidy subsidy is up 4997 02:49:46,514 --> 02:49:48,049 requirement of $2,000. Our direct subsidy subsidy is up To $75,000. 4998 02:49:48,049 --> 02:49:49,384 our direct subsidy subsidy is up To $75,000. Does not mean everybody‘s going 4999 02:49:49,384 --> 02:49:50,519 to $75,000. Does not mean everybody‘s going To get $75,000. 5000 02:49:50,519 --> 02:49:52,087 does not mean everybody‘s going To get $75,000. It means, based upon your 5001 02:49:52,087 --> 02:49:54,588 to get $75,000. It means, based upon your Ability to repay and what you 5002 02:49:54,588 --> 02:49:56,023 it means, based upon your Ability to repay and what you Actually need to make the home 5003 02:49:56,023 --> 02:49:57,892 ability to repay and what you Actually need to make the home That you are trying to purchase 5004 02:49:57,892 --> 02:49:58,192 actually need to make the home That you are trying to purchase Affordable. 5005 02:49:58,192 --> 02:50:01,429 that you are trying to purchase Affordable. We can provide up to $75,000 5006 02:50:01,429 --> 02:50:03,331 affordable. We can provide up to $75,000 Credit score, 640 front end and 5007 02:50:03,331 --> 02:50:04,398 we can provide up to $75,000 Credit score, 640 front end and Back end ratios. 5008 02:50:04,398 --> 02:50:06,168 credit score, 640 front end and Back end ratios. I just put industry standards 5009 02:50:06,168 --> 02:50:07,568 back end ratios. I just put industry standards Depending upon the loan product, 5010 02:50:07,568 --> 02:50:08,270 I just put industry standards Depending upon the loan product, That could change. 5011 02:50:08,270 --> 02:50:11,105 depending upon the loan product, That could change. But the 3843 percentages that 5012 02:50:11,105 --> 02:50:12,841 that could change. But the 3843 percentages that You see there are, I believe, 5013 02:50:12,841 --> 02:50:13,375 but the 3843 percentages that You see there are, I believe, Fha standards. 5014 02:50:13,375 --> 02:50:14,074 you see there are, I believe, Fha standards. Is that correct? 5015 02:50:14,074 --> 02:50:14,675 fha standards. Is that correct? Okay. 5016 02:50:14,675 --> 02:50:15,777 is that correct? Okay. >> what does that mean? 5017 02:50:15,777 --> 02:50:16,777 okay. >> what does that mean? Can you just say what that 5018 02:50:16,777 --> 02:50:16,977 >> what does that mean? Can you just say what that Means? 5019 02:50:16,977 --> 02:50:17,512 can you just say what that Means? It‘s not clear to me. 5020 02:50:17,512 --> 02:50:18,246 means? It‘s not clear to me. >> yes. 5021 02:50:18,246 --> 02:50:19,948 it‘s not clear to me. >> yes. So the front end ratio is the 5022 02:50:19,948 --> 02:50:20,514 >> yes. So the front end ratio is the Housing ratio. 5023 02:50:20,514 --> 02:50:22,884 so the front end ratio is the Housing ratio. That means this is this is going 5024 02:50:22,884 --> 02:50:27,522 housing ratio. That means this is this is going To be your your ratio for if you 5025 02:50:27,522 --> 02:50:28,355 that means this is this is going To be your your ratio for if you Have no debt. 5026 02:50:28,355 --> 02:50:30,625 to be your your ratio for if you Have no debt. So this is a this is your, your 5027 02:50:30,625 --> 02:50:32,527 have no debt. So this is a this is your, your Housing ratio, your housing 5028 02:50:32,527 --> 02:50:33,594 so this is a this is your, your Housing ratio, your housing Percentage, the back end ratio 5029 02:50:33,594 --> 02:50:35,063 housing ratio, your housing Percentage, the back end ratio Is your debt to income ratio, 5030 02:50:35,063 --> 02:50:36,297 percentage, the back end ratio Is your debt to income ratio, Which typically most people are 5031 02:50:36,297 --> 02:50:37,466 is your debt to income ratio, Which typically most people are Going to have because you‘re 5032 02:50:37,466 --> 02:50:38,432 which typically most people are Going to have because you‘re Going to have a car payment, you 5033 02:50:38,432 --> 02:50:39,634 going to have because you‘re Going to have a car payment, you May have student loans, you may 5034 02:50:39,634 --> 02:50:40,735 going to have a car payment, you May have student loans, you may Have credit card debt, you may 5035 02:50:40,735 --> 02:50:41,236 may have student loans, you may Have credit card debt, you may Have another. 5036 02:50:41,236 --> 02:50:42,236 have credit card debt, you may Have another. Well, you can‘t have another 5037 02:50:42,236 --> 02:50:42,938 have another. Well, you can‘t have another Mortgage for this program. 5038 02:50:42,938 --> 02:50:45,006 well, you can‘t have another Mortgage for this program. But but basically, the back end 5039 02:50:45,006 --> 02:50:47,108 mortgage for this program. But but basically, the back end Ratio says that when we 5040 02:50:47,108 --> 02:50:48,442 but but basically, the back end Ratio says that when we Calculate your income and all of 5041 02:50:48,442 --> 02:50:50,344 ratio says that when we Calculate your income and all of Your debt, which are your 5042 02:50:50,344 --> 02:50:51,679 calculate your income and all of Your debt, which are your Minimum payments on your credit 5043 02:50:51,679 --> 02:50:53,115 your debt, which are your Minimum payments on your credit Score, you cannot exceed a 5044 02:50:53,115 --> 02:50:54,983 minimum payments on your credit Score, you cannot exceed a Certain threshold in order for 5045 02:50:54,983 --> 02:50:57,084 score, you cannot exceed a Certain threshold in order for You to be deemed like falling 5046 02:50:57,084 --> 02:50:58,719 certain threshold in order for You to be deemed like falling Within like an affordability 5047 02:50:58,719 --> 02:50:58,919 you to be deemed like falling Within like an affordability Range. 5048 02:50:58,919 --> 02:51:00,722 within like an affordability Range. >> and that‘s the 43% of your 5049 02:51:00,722 --> 02:51:00,956 range. >> and that‘s the 43% of your Income. 5050 02:51:00,956 --> 02:51:03,225 >> and that‘s the 43% of your Income. >> that is, it‘s not 43% of your 5051 02:51:03,225 --> 02:51:03,458 income. >> that is, it‘s not 43% of your Income. 5052 02:51:03,458 --> 02:51:05,327 >> that is, it‘s not 43% of your Income. It‘s calculated based upon your 5053 02:51:05,327 --> 02:51:05,527 income. It‘s calculated based upon your Debt. 5054 02:51:05,527 --> 02:51:06,928 it‘s calculated based upon your Debt. It‘s debt to income ratio. 5055 02:51:06,928 --> 02:51:08,897 debt. It‘s debt to income ratio. So it‘s a calculation factoring. 5056 02:51:08,897 --> 02:51:10,297 it‘s debt to income ratio. So it‘s a calculation factoring. >> in, oh, it‘s what you owe 5057 02:51:10,297 --> 02:51:11,899 so it‘s a calculation factoring. >> in, oh, it‘s what you owe Compared to your income. 5058 02:51:11,899 --> 02:51:12,334 >> in, oh, it‘s what you owe Compared to your income. >> that is correct. 5059 02:51:12,334 --> 02:51:13,200 compared to your income. >> that is correct. >> that‘s the 38. 5060 02:51:13,200 --> 02:51:15,003 >> that is correct. >> that‘s the 38. Th doesn‘t refer to the 5061 02:51:15,003 --> 02:51:15,970 >> that‘s the 38. Th doesn‘t refer to the Percentage that‘s paid for 5062 02:51:15,970 --> 02:51:16,203 th doesn‘t refer to the Percentage that‘s paid for Housing. 5063 02:51:16,203 --> 02:51:16,705 percentage that‘s paid for Housing. Is it? 5064 02:51:16,705 --> 02:51:19,608 housing. Is it? >> 38% is just your percent of 5065 02:51:19,608 --> 02:51:21,743 is it? >> 38% is just your percent of What you can afford based upon 5066 02:51:21,743 --> 02:51:22,611 >> 38% is just your percent of What you can afford based upon Your income? 5067 02:51:22,611 --> 02:51:23,912 what you can afford based upon Your income? Because the assumption is, is 5068 02:51:23,912 --> 02:51:25,379 your income? Because the assumption is, is That the housing ratio doesn‘t 5069 02:51:25,379 --> 02:51:26,081 because the assumption is, is That the housing ratio doesn‘t Include debt. 5070 02:51:26,081 --> 02:51:28,783 that the housing ratio doesn‘t Include debt. >> okay. 5071 02:51:28,783 --> 02:51:29,651 include debt. >> okay. >> homebuyer education and 5072 02:51:29,651 --> 02:51:31,253 >> okay. >> homebuyer education and Housing counseling, those are 5073 02:51:31,253 --> 02:51:32,354 >> homebuyer education and Housing counseling, those are Prerequisites set for our 5074 02:51:32,354 --> 02:51:32,587 housing counseling, those are Prerequisites set for our Program. 5075 02:51:32,587 --> 02:51:35,557 prerequisites set for our Program. Basically, we‘re saying we want 5076 02:51:35,557 --> 02:51:38,325 program. Basically, we‘re saying we want To help, but we want you to have 5077 02:51:38,325 --> 02:51:39,493 basically, we‘re saying we want To help, but we want you to have Housing, counseling and 5078 02:51:39,493 --> 02:51:40,895 to help, but we want you to have Housing, counseling and Education as a prerequisite to 5079 02:51:40,895 --> 02:51:42,364 housing, counseling and Education as a prerequisite to Gain access to the county‘s down 5080 02:51:42,364 --> 02:51:44,566 education as a prerequisite to Gain access to the county‘s down Payment assistance funds, 5081 02:51:44,566 --> 02:51:45,132 gain access to the county‘s down Payment assistance funds, Occupancy requirement. 5082 02:51:45,132 --> 02:51:46,968 payment assistance funds, Occupancy requirement. You must live in the house for 5083 02:51:46,968 --> 02:51:48,770 occupancy requirement. You must live in the house for It must be your primary 5084 02:51:48,770 --> 02:51:49,938 you must live in the house for It must be your primary Residence and the mortgage 5085 02:51:49,938 --> 02:51:51,206 it must be your primary Residence and the mortgage Mortgage requirements. 5086 02:51:51,206 --> 02:51:52,773 residence and the mortgage Mortgage requirements. Just in general, a qualified 5087 02:51:52,773 --> 02:51:55,277 mortgage requirements. Just in general, a qualified Mortgage, the loan products, 5088 02:51:55,277 --> 02:51:57,979 just in general, a qualified Mortgage, the loan products, Conventional, fha, va, usda, but 5089 02:51:57,979 --> 02:51:58,813 mortgage, the loan products, Conventional, fha, va, usda, but No interest. 5090 02:51:58,813 --> 02:52:02,384 conventional, fha, va, usda, but No interest. Only no balloons, no arms 5091 02:52:02,384 --> 02:52:03,418 no interest. Only no balloons, no arms Adjusted rate mortgages because 5092 02:52:03,418 --> 02:52:04,753 only no balloons, no arms Adjusted rate mortgages because Those are high risk and we don‘t 5093 02:52:04,753 --> 02:52:07,289 adjusted rate mortgages because Those are high risk and we don‘t Want our clients receiving our 5094 02:52:07,289 --> 02:52:10,458 those are high risk and we don‘t Want our clients receiving our Sof secondary forgivable loan 5095 02:52:10,458 --> 02:52:13,361 want our clients receiving our Sof secondary forgivable loan And being in a high risk or 5096 02:52:13,361 --> 02:52:14,729 sof secondary forgivable loan And being in a high risk or Subprime mortgage product. 5097 02:52:14,729 --> 02:52:15,362 and being in a high risk or Subprime mortgage product. Next slide please. 5098 02:52:15,362 --> 02:52:17,398 subprime mortgage product. Next slide please. >> is the local limit that they 5099 02:52:17,398 --> 02:52:19,534 next slide please. >> is the local limit that they Cannot have more than $1,500 5100 02:52:19,534 --> 02:52:21,169 >> is the local limit that they Cannot have more than $1,500 That they contribute or that 5101 02:52:21,169 --> 02:52:22,070 cannot have more than $1,500 That they contribute or that That‘s the minimum. 5102 02:52:22,070 --> 02:52:23,138 that they contribute or that That‘s the minimum. I‘m not clear what that limit 5103 02:52:23,138 --> 02:52:23,304 that‘s the minimum. I‘m not clear what that limit Is. 5104 02:52:23,304 --> 02:52:24,272 I‘m not clear what that limit Is. >> great question. 5105 02:52:24,272 --> 02:52:25,807 is. >> great question. That is the minimum for what 5106 02:52:25,807 --> 02:52:27,509 >> great question. That is the minimum for what We‘re asking them to contribute. 5107 02:52:27,509 --> 02:52:27,742 that is the minimum for what We‘re asking them to contribute. Okay. 5108 02:52:27,742 --> 02:52:28,476 we‘re asking them to contribute. Okay. Yep. 5109 02:52:28,476 --> 02:52:32,713 okay. Yep. Down payment assistance 5110 02:52:32,713 --> 02:52:32,980 yep. Down payment assistance Continued. 5111 02:52:32,980 --> 02:52:35,382 down payment assistance Continued. I‘ve already talked about the 5112 02:52:35,382 --> 02:52:37,252 continued. I‘ve already talked about the $75,000 cap. 5113 02:52:37,252 --> 02:52:38,152 I‘ve already talked about the $75,000 cap. On the next slides. 5114 02:52:38,152 --> 02:52:39,753 $75,000 cap. On the next slides. We‘ll discuss affordability 5115 02:52:39,753 --> 02:52:42,290 on the next slides. We‘ll discuss affordability Periods, mortgage readiness 5116 02:52:42,290 --> 02:52:43,225 we‘ll discuss affordability Periods, mortgage readiness Requirements, the maximum per 5117 02:52:43,225 --> 02:52:45,861 periods, mortgage readiness Requirements, the maximum per Unit subsidy, and property 5118 02:52:45,861 --> 02:52:46,127 requirements, the maximum per Unit subsidy, and property Standards. 5119 02:52:46,127 --> 02:52:46,962 unit subsidy, and property Standards. Next slide please. 5120 02:52:46,962 --> 02:52:50,331 standards. Next slide please. So on this slide it just shows 5121 02:52:50,331 --> 02:52:51,932 next slide please. So on this slide it just shows What I think. 5122 02:52:51,932 --> 02:52:52,933 so on this slide it just shows What I think. I skipped a slide. 5123 02:52:52,933 --> 02:52:53,300 what I think. I skipped a slide. Here I am. 5124 02:52:53,300 --> 02:52:55,904 I skipped a slide. Here I am. This is the affordability 5125 02:52:55,904 --> 02:52:56,137 here I am. This is the affordability Period. 5126 02:52:56,137 --> 02:52:57,905 this is the affordability Period. So earlier I said a hud changed 5127 02:52:57,905 --> 02:53:01,041 period. So earlier I said a hud changed The rules and the ranges used to 5128 02:53:01,041 --> 02:53:01,575 so earlier I said a hud changed The rules and the ranges used to Be different. 5129 02:53:01,575 --> 02:53:03,311 the rules and the ranges used to Be different. I think it used to be like 5130 02:53:03,311 --> 02:53:05,179 be different. I think it used to be like 15,000, 15 to 40,000 and then 5131 02:53:05,179 --> 02:53:06,280 I think it used to be like 15,000, 15 to 40,000 and then Above 40,000. 5132 02:53:06,280 --> 02:53:08,617 15,000, 15 to 40,000 and then Above 40,000. They made revisions in 2025 to 5133 02:53:08,617 --> 02:53:08,983 above 40,000. They made revisions in 2025 to The rules. 5134 02:53:08,983 --> 02:53:11,753 they made revisions in 2025 to The rules. And so now if you receive home 5135 02:53:11,753 --> 02:53:14,321 the rules. And so now if you receive home Funds under $25,000, you‘re 5136 02:53:14,321 --> 02:53:15,357 and so now if you receive home Funds under $25,000, you‘re Required to live in the house 5137 02:53:15,357 --> 02:53:16,023 funds under $25,000, you‘re Required to live in the house For five years. 5138 02:53:16,023 --> 02:53:18,058 required to live in the house For five years. That‘s the affordability period. 5139 02:53:18,058 --> 02:53:21,429 for five years. That‘s the affordability period. If you receive home funds 5140 02:53:21,429 --> 02:53:21,963 that‘s the affordability period. If you receive home funds Between 25,000 and 50,000, 5141 02:53:21,963 --> 02:53:22,631 if you receive home funds Between 25,000 and 50,000, You‘re required to live in the 5142 02:53:22,631 --> 02:53:23,665 between 25,000 and 50,000, You‘re required to live in the Home for ten years. 5143 02:53:23,665 --> 02:53:25,699 you‘re required to live in the Home for ten years. If you receive home funds over 5144 02:53:25,699 --> 02:53:26,767 home for ten years. If you receive home funds over $50,000, you‘re required to live 5145 02:53:26,767 --> 02:53:28,536 if you receive home funds over $50,000, you‘re required to live In the house for 15 years. 5146 02:53:28,536 --> 02:53:29,404 $50,000, you‘re required to live In the house for 15 years. Next slide please. 5147 02:53:29,404 --> 02:53:32,973 in the house for 15 years. Next slide please. >> and what happens if you don‘t 5148 02:53:32,973 --> 02:53:34,142 next slide please. >> and what happens if you don‘t Meet those requirements? 5149 02:53:34,142 --> 02:53:35,976 >> and what happens if you don‘t Meet those requirements? You don‘t get the benefit of the 5150 02:53:35,976 --> 02:53:36,878 meet those requirements? You don‘t get the benefit of the Increased value of the home. 5151 02:53:36,878 --> 02:53:37,845 you don‘t get the benefit of the Increased value of the home. If you have to sell it. 5152 02:53:37,845 --> 02:53:39,080 increased value of the home. If you have to sell it. >> great question. 5153 02:53:39,080 --> 02:53:41,750 if you have to sell it. >> great question. So if you do not meet those 5154 02:53:41,750 --> 02:53:43,317 >> great question. So if you do not meet those Requirements, our recapture 5155 02:53:43,317 --> 02:53:44,519 so if you do not meet those Requirements, our recapture Provisions are triggered, then 5156 02:53:44,519 --> 02:53:45,986 requirements, our recapture Provisions are triggered, then That means that the deed of 5157 02:53:45,986 --> 02:53:47,855 provisions are triggered, then That means that the deed of Trust that will be filed with 5158 02:53:47,855 --> 02:53:49,391 that means that the deed of Trust that will be filed with The county clerk‘s office will 5159 02:53:49,391 --> 02:53:50,959 trust that will be filed with The county clerk‘s office will Then be triggered, and then 5160 02:53:50,959 --> 02:53:52,794 the county clerk‘s office will Then be triggered, and then There will be a pro rata share 5161 02:53:52,794 --> 02:53:54,563 then be triggered, and then There will be a pro rata share Of the funds that have to be 5162 02:53:54,563 --> 02:53:55,830 there will be a pro rata share Of the funds that have to be Returned to travis county. 5163 02:53:55,830 --> 02:53:56,997 of the funds that have to be Returned to travis county. >> and does that allow the 5164 02:53:56,997 --> 02:53:59,267 returned to travis county. >> and does that allow the Person to sell the house and pay 5165 02:53:59,267 --> 02:54:01,669 >> and does that allow the Person to sell the house and pay That portion of funds from some 5166 02:54:01,669 --> 02:54:02,469 person to sell the house and pay That portion of funds from some Proceeds of the sale? 5167 02:54:02,469 --> 02:54:04,472 that portion of funds from some Proceeds of the sale? >> it could be a sell 5168 02:54:04,472 --> 02:54:05,706 proceeds of the sale? >> it could be a sell Voluntarily or involuntary. 5169 02:54:05,706 --> 02:54:08,777 >> it could be a sell Voluntarily or involuntary. So whenever there‘s a 5170 02:54:08,777 --> 02:54:11,412 voluntarily or involuntary. So whenever there‘s a Transaction on the property 5171 02:54:11,412 --> 02:54:13,781 so whenever there‘s a Transaction on the property Outside of or I guess within the 5172 02:54:13,781 --> 02:54:14,915 transaction on the property Outside of or I guess within the Affordability period, then 5173 02:54:14,915 --> 02:54:16,618 outside of or I guess within the Affordability period, then That‘s going to trigger the 5174 02:54:16,618 --> 02:54:16,851 affordability period, then That‘s going to trigger the County. 5175 02:54:16,851 --> 02:54:18,719 that‘s going to trigger the County. >> they‘re able to recover some 5176 02:54:18,719 --> 02:54:19,054 county. >> they‘re able to recover some Of the money. 5177 02:54:19,054 --> 02:54:21,088 >> they‘re able to recover some Of the money. >> investing our recapture 5178 02:54:21,088 --> 02:54:21,388 of the money. >> investing our recapture Provisions. 5179 02:54:21,388 --> 02:54:24,325 >> investing our recapture Provisions. That is absolutely correct. 5180 02:54:24,325 --> 02:54:24,625 provisions. That is absolutely correct. Okay. 5181 02:54:24,625 --> 02:54:26,628 that is absolutely correct. Okay. So mortgage readiness 5182 02:54:26,628 --> 02:54:28,095 okay. So mortgage readiness Requirements, these are some 5183 02:54:28,095 --> 02:54:29,864 so mortgage readiness Requirements, these are some Standard requirements that we 5184 02:54:29,864 --> 02:54:30,564 requirements, these are some Standard requirements that we Put in place. 5185 02:54:30,564 --> 02:54:32,300 standard requirements that we Put in place. This will basically be like a 5186 02:54:32,300 --> 02:54:34,101 put in place. This will basically be like a Form that we give to framework, 5187 02:54:34,101 --> 02:54:37,037 this will basically be like a Form that we give to framework, Cdc and the mortgage readiness 5188 02:54:37,037 --> 02:54:37,371 form that we give to framework, Cdc and the mortgage readiness Requirements. 5189 02:54:37,371 --> 02:54:39,107 cdc and the mortgage readiness Requirements. I don‘t have to read them all, 5190 02:54:39,107 --> 02:54:41,509 requirements. I don‘t have to read them all, But the gist of this is to make 5191 02:54:41,509 --> 02:54:44,044 I don‘t have to read them all, But the gist of this is to make Sure that every client meets all 5192 02:54:44,044 --> 02:54:46,581 but the gist of this is to make Sure that every client meets all Of the criteria on this 5193 02:54:46,581 --> 02:54:48,382 sure that every client meets all Of the criteria on this Checklist before they are 5194 02:54:48,382 --> 02:54:50,485 of the criteria on this Checklist before they are Allowed to apply for our dpa 5195 02:54:50,485 --> 02:54:50,685 checklist before they are Allowed to apply for our dpa Phone. 5196 02:54:50,685 --> 02:54:53,989 allowed to apply for our dpa Phone. Our dpa funds, the applicants or 5197 02:54:53,989 --> 02:54:55,090 phone. Our dpa funds, the applicants or The prospective buyers will 5198 02:54:55,090 --> 02:54:56,458 our dpa funds, the applicants or The prospective buyers will Actually not apply for the 5199 02:54:56,458 --> 02:54:56,658 the prospective buyers will Actually not apply for the Funds. 5200 02:54:56,658 --> 02:54:58,293 actually not apply for the Funds. The lender will submit the 5201 02:54:58,293 --> 02:55:00,094 funds. The lender will submit the Application, but when the 5202 02:55:00,094 --> 02:55:01,895 the lender will submit the Application, but when the Clients go through homebuyer 5203 02:55:01,895 --> 02:55:04,264 application, but when the Clients go through homebuyer Education with a framework, cdc, 5204 02:55:04,264 --> 02:55:07,969 clients go through homebuyer Education with a framework, cdc, Then the housing counseling 5205 02:55:07,969 --> 02:55:09,770 education with a framework, cdc, Then the housing counseling Prerequisite, this document that 5206 02:55:09,770 --> 02:55:11,605 then the housing counseling Prerequisite, this document that Will be signed off on by 5207 02:55:11,605 --> 02:55:13,408 prerequisite, this document that Will be signed off on by Framework, cdc and by the 5208 02:55:13,408 --> 02:55:13,642 will be signed off on by Framework, cdc and by the Client. 5209 02:55:13,642 --> 02:55:15,644 framework, cdc and by the Client. They have to check all of these 5210 02:55:15,644 --> 02:55:15,844 client. They have to check all of these Boxes. 5211 02:55:15,844 --> 02:55:17,779 they have to check all of these Boxes. And so that‘s just the gist of 5212 02:55:17,779 --> 02:55:19,280 boxes. And so that‘s just the gist of The mortgage readiness 5213 02:55:19,280 --> 02:55:20,547 and so that‘s just the gist of The mortgage readiness Requirements that we‘ve 5214 02:55:20,547 --> 02:55:21,449 the mortgage readiness Requirements that we‘ve Established for this program. 5215 02:55:21,449 --> 02:55:22,149 requirements that we‘ve Established for this program. Next slide please. 5216 02:55:22,149 --> 02:55:25,253 established for this program. Next slide please. And so I think I have a couple 5217 02:55:25,253 --> 02:55:26,520 next slide please. And so I think I have a couple More slides before we get to 5218 02:55:26,520 --> 02:55:26,688 and so I think I have a couple More slides before we get to You. 5219 02:55:26,688 --> 02:55:26,888 more slides before we get to You. Joyce. 5220 02:55:26,888 --> 02:55:31,026 you. Joyce. I‘m trying to go through maximum 5221 02:55:31,026 --> 02:55:32,294 joyce. I‘m trying to go through maximum Per unit subsidies. 5222 02:55:32,294 --> 02:55:37,631 I‘m trying to go through maximum Per unit subsidies. So per 24 cfr 92.25 a, the pjs 5223 02:55:37,631 --> 02:55:39,466 per unit subsidies. So per 24 cfr 92.25 a, the pjs Investments may not exceed the 5224 02:55:39,466 --> 02:55:41,101 so per 24 cfr 92.25 a, the pjs Investments may not exceed the Per unit dollar limit. 5225 02:55:41,101 --> 02:55:44,172 investments may not exceed the Per unit dollar limit. Hud publishes the local dollar 5226 02:55:44,172 --> 02:55:45,040 per unit dollar limit. Hud publishes the local dollar Limits annually. 5227 02:55:45,040 --> 02:55:46,240 hud publishes the local dollar Limits annually. And I wanted to read that 5228 02:55:46,240 --> 02:55:47,274 limits annually. And I wanted to read that Specifically because the slide 5229 02:55:47,274 --> 02:55:48,175 and I wanted to read that Specifically because the slide Is a little small. 5230 02:55:48,175 --> 02:55:51,345 specifically because the slide Is a little small. So about the maximum per unit 5231 02:55:51,345 --> 02:55:52,314 is a little small. So about the maximum per unit Subsidy, if I. 5232 02:55:52,314 --> 02:55:54,115 so about the maximum per unit Subsidy, if I. I printed out a packet and 5233 02:55:54,115 --> 02:55:56,117 subsidy, if I. I printed out a packet and Provided them to all of you all 5234 02:55:56,117 --> 02:55:56,317 I printed out a packet and Provided them to all of you all Today. 5235 02:55:56,317 --> 02:55:57,719 provided them to all of you all Today. So I hope you can see this. 5236 02:55:57,719 --> 02:55:59,453 today. So I hope you can see this. But in the far right column it 5237 02:55:59,453 --> 02:56:00,789 so I hope you can see this. But in the far right column it Says home maximum per unit 5238 02:56:00,789 --> 02:56:01,655 but in the far right column it Says home maximum per unit Subsidy limit. 5239 02:56:01,655 --> 02:56:04,325 says home maximum per unit Subsidy limit. Basically, we‘re not able to 5240 02:56:04,325 --> 02:56:06,760 subsidy limit. Basically, we‘re not able to Subsidize homes in in excess of 5241 02:56:06,760 --> 02:56:08,128 basically, we‘re not able to Subsidize homes in in excess of The amounts that are listed. 5242 02:56:08,128 --> 02:56:11,932 subsidize homes in in excess of The amounts that are listed. This is the 2024 limit for home 5243 02:56:11,932 --> 02:56:13,635 the amounts that are listed. This is the 2024 limit for home Maximum per unit subsidies that 5244 02:56:13,635 --> 02:56:15,804 this is the 2024 limit for home Maximum per unit subsidies that We pulled from the tdhca 5245 02:56:15,804 --> 02:56:16,037 maximum per unit subsidies that We pulled from the tdhca Website. 5246 02:56:16,037 --> 02:56:18,039 we pulled from the tdhca Website. Believe that there are going to 5247 02:56:18,039 --> 02:56:18,206 website. Believe that there are going to Be. 5248 02:56:18,206 --> 02:56:19,908 believe that there are going to Be. I think we reached out to hud 5249 02:56:19,908 --> 02:56:21,108 be. I think we reached out to hud And there are going to be new 5250 02:56:21,108 --> 02:56:22,110 I think we reached out to hud And there are going to be new Limits published. 5251 02:56:22,110 --> 02:56:23,811 and there are going to be new Limits published. We do not have them at this 5252 02:56:23,811 --> 02:56:24,546 limits published. We do not have them at this Time, but it‘s just a 5253 02:56:24,546 --> 02:56:25,479 we do not have them at this Time, but it‘s just a Prerequisite that we have to 5254 02:56:25,479 --> 02:56:27,314 time, but it‘s just a Prerequisite that we have to Make sure that we‘re looking at 5255 02:56:27,314 --> 02:56:29,250 prerequisite that we have to Make sure that we‘re looking at When we‘re providing funds. 5256 02:56:29,250 --> 02:56:32,887 make sure that we‘re looking at When we‘re providing funds. We are not going to provide 5257 02:56:32,887 --> 02:56:35,756 when we‘re providing funds. We are not going to provide Excessive funds as listed in the 5258 02:56:35,756 --> 02:56:37,726 we are not going to provide Excessive funds as listed in the Maximum per unit subsidy limit. 5259 02:56:37,726 --> 02:56:39,995 excessive funds as listed in the Maximum per unit subsidy limit. Our limit is going to be 5260 02:56:39,995 --> 02:56:40,227 maximum per unit subsidy limit. Our limit is going to be $75,000. 5261 02:56:40,227 --> 02:56:42,530 our limit is going to be $75,000. >> so is this saying that the 5262 02:56:42,530 --> 02:56:45,800 $75,000. >> so is this saying that the Most expensive house that 5263 02:56:45,800 --> 02:56:50,438 >> so is this saying that the Most expensive house that Someone could buy is the 5264 02:56:50,438 --> 02:56:50,705 most expensive house that Someone could buy is the $359,000? 5265 02:56:50,705 --> 02:56:51,071 someone could buy is the $359,000? >> no, ma‘am. 5266 02:56:51,071 --> 02:56:52,540 $359,000? >> no, ma‘am. That‘s saying that that‘s the 5267 02:56:52,540 --> 02:56:54,442 >> no, ma‘am. That‘s saying that that‘s the Maximum that we‘re able to 5268 02:56:54,442 --> 02:56:57,611 that‘s saying that that‘s the Maximum that we‘re able to Invest in a unit that has zero 5269 02:56:57,611 --> 02:56:59,780 maximum that we‘re able to Invest in a unit that has zero Bedrooms, one bedroom, two 5270 02:56:59,780 --> 02:57:01,049 invest in a unit that has zero Bedrooms, one bedroom, two Bedrooms or three bedrooms or 5271 02:57:01,049 --> 02:57:01,382 bedrooms, one bedroom, two Bedrooms or three bedrooms or Four bedrooms. 5272 02:57:01,382 --> 02:57:02,649 bedrooms or three bedrooms or Four bedrooms. So depending upon the size of 5273 02:57:02,649 --> 02:57:04,885 four bedrooms. So depending upon the size of The house, we would not be able 5274 02:57:04,885 --> 02:57:07,188 so depending upon the size of The house, we would not be able To exceed the limits that are 5275 02:57:07,188 --> 02:57:09,023 the house, we would not be able To exceed the limits that are Shown there either for 5276 02:57:09,023 --> 02:57:11,125 to exceed the limits that are Shown there either for Condominiums or for just like a 5277 02:57:11,125 --> 02:57:12,293 shown there either for Condominiums or for just like a Single family unit. 5278 02:57:12,293 --> 02:57:14,696 condominiums or for just like a Single family unit. >> but none of the the subsidy 5279 02:57:14,696 --> 02:57:15,864 single family unit. >> but none of the the subsidy Programs would get to those 5280 02:57:15,864 --> 02:57:16,230 >> but none of the the subsidy Programs would get to those Dollar amounts. 5281 02:57:16,230 --> 02:57:18,466 programs would get to those Dollar amounts. Our maximum subsidy, 75,000. 5282 02:57:18,466 --> 02:57:19,433 dollar amounts. Our maximum subsidy, 75,000. You have to. 5283 02:57:19,433 --> 02:57:21,036 our maximum subsidy, 75,000. You have to. Unless somebody was able to save 5284 02:57:21,036 --> 02:57:22,003 you have to. Unless somebody was able to save A lot of money. 5285 02:57:22,003 --> 02:57:24,039 unless somebody was able to save A lot of money. And then there were other 5286 02:57:24,039 --> 02:57:26,608 a lot of money. And then there were other Cumulative contributions to get 5287 02:57:26,608 --> 02:57:28,308 and then there were other Cumulative contributions to get To 181 000 I. 5288 02:57:28,308 --> 02:57:31,845 cumulative contributions to get To 181 000 I. >> I agree it could be really 5289 02:57:31,845 --> 02:57:34,415 to 181 000 I. >> I agree it could be really More for rental units. 5290 02:57:34,415 --> 02:57:35,784 >> I agree it could be really More for rental units. So like if you‘re building an 5291 02:57:35,784 --> 02:57:37,551 more for rental units. So like if you‘re building an Apartment complex and you are 5292 02:57:37,551 --> 02:57:40,088 so like if you‘re building an Apartment complex and you are Making an investment based upon 5293 02:57:40,088 --> 02:57:41,256 apartment complex and you are Making an investment based upon Your, you know, you‘re making an 5294 02:57:41,256 --> 02:57:42,857 making an investment based upon Your, you know, you‘re making an Investment in your, your hud 5295 02:57:42,857 --> 02:57:44,925 your, you know, you‘re making an Investment in your, your hud Funds, I‘m not really sure if 5296 02:57:44,925 --> 02:57:47,495 investment in your, your hud Funds, I‘m not really sure if That‘s applicable or not, but my 5297 02:57:47,495 --> 02:57:48,929 funds, I‘m not really sure if That‘s applicable or not, but my Interpretation when I read the 5298 02:57:48,929 --> 02:57:50,365 that‘s applicable or not, but my Interpretation when I read the Regulation, it just said that 5299 02:57:50,365 --> 02:57:52,233 interpretation when I read the Regulation, it just said that The pjs investment may not 5300 02:57:52,233 --> 02:57:54,235 regulation, it just said that The pjs investment may not Exceed the per unit dollar 5301 02:57:54,235 --> 02:57:56,770 the pjs investment may not Exceed the per unit dollar Limits listed on the on the 5302 02:57:56,770 --> 02:57:56,970 exceed the per unit dollar Limits listed on the on the Chart. 5303 02:57:56,970 --> 02:57:57,838 limits listed on the on the Chart. >> so this would be the cost 5304 02:57:57,838 --> 02:57:59,174 chart. >> so this would be the cost That we would be putting into 5305 02:57:59,174 --> 02:58:00,841 >> so this would be the cost That we would be putting into Building some kind of complex, 5306 02:58:00,841 --> 02:58:02,777 that we would be putting into Building some kind of complex, As opposed to a down payment 5307 02:58:02,777 --> 02:58:04,512 building some kind of complex, As opposed to a down payment Assistance match program. 5308 02:58:04,512 --> 02:58:05,479 as opposed to a down payment Assistance match program. >> that is correct. 5309 02:58:05,479 --> 02:58:05,679 assistance match program. >> that is correct. Okay. 5310 02:58:05,679 --> 02:58:06,614 >> that is correct. Okay. >> but that explains those 5311 02:58:06,614 --> 02:58:06,848 okay. >> but that explains those Dollar. 5312 02:58:06,848 --> 02:58:07,415 >> but that explains those Dollar. >> numbers. 5313 02:58:07,415 --> 02:58:09,250 dollar. >> numbers. Okay. 5314 02:58:09,250 --> 02:58:09,983 >> numbers. Okay. Next slide. 5315 02:58:09,983 --> 02:58:13,088 okay. Next slide. And lastly, I wanted to just 5316 02:58:13,088 --> 02:58:15,189 next slide. And lastly, I wanted to just Mention to the court that this 5317 02:58:15,189 --> 02:58:16,891 and lastly, I wanted to just Mention to the court that this Is not fully fleshed out yet, 5318 02:58:16,891 --> 02:58:19,527 mention to the court that this Is not fully fleshed out yet, But we are going to require 5319 02:58:19,527 --> 02:58:20,128 is not fully fleshed out yet, But we are going to require Inspections of all the 5320 02:58:20,128 --> 02:58:22,629 but we are going to require Inspections of all the Properties that are going to be 5321 02:58:22,629 --> 02:58:24,165 inspections of all the Properties that are going to be Purchased with down payment 5322 02:58:24,165 --> 02:58:25,066 properties that are going to be Purchased with down payment Assistance funds. 5323 02:58:25,066 --> 02:58:28,335 purchased with down payment Assistance funds. I copied and pasted a portion of 5324 02:58:28,335 --> 02:58:29,404 assistance funds. I copied and pasted a portion of The regulation there. 5325 02:58:29,404 --> 02:58:32,139 I copied and pasted a portion of The regulation there. It‘s generally saying that 5326 02:58:32,139 --> 02:58:33,208 the regulation there. It‘s generally saying that Existing housing that is 5327 02:58:33,208 --> 02:58:35,009 it‘s generally saying that Existing housing that is Acquired for homeownership using 5328 02:58:35,009 --> 02:58:36,443 existing housing that is Acquired for homeownership using Homeownership assistance must be 5329 02:58:36,443 --> 02:58:38,246 acquired for homeownership using Homeownership assistance must be Decent, safe, sanitary and in 5330 02:58:38,246 --> 02:58:40,314 homeownership assistance must be Decent, safe, sanitary and in Good repair says a lot more than 5331 02:58:40,314 --> 02:58:40,514 decent, safe, sanitary and in Good repair says a lot more than That. 5332 02:58:40,514 --> 02:58:43,885 good repair says a lot more than That. But we are going to establish we 5333 02:58:43,885 --> 02:58:47,588 that. But we are going to establish we Are requid to establish 5334 02:58:47,588 --> 02:58:48,590 but we are going to establish we Are requid to establish Regulations, rules and 5335 02:58:48,590 --> 02:58:49,824 are requid to establish Regulations, rules and Regulations for how the homes 5336 02:58:49,824 --> 02:58:52,260 regulations, rules and Regulations for how the homes Are to be inspected, and that is 5337 02:58:52,260 --> 02:58:53,527 regulations for how the homes Are to be inspected, and that is A very important note that I 5338 02:58:53,527 --> 02:58:55,029 are to be inspected, and that is A very important note that I Wanted to make without taking a 5339 02:58:55,029 --> 02:58:56,131 a very important note that I Wanted to make without taking a Deep dive on that today. 5340 02:58:56,131 --> 02:58:58,665 wanted to make without taking a Deep dive on that today. So now I will turn it over. 5341 02:58:58,665 --> 02:59:00,101 deep dive on that today. So now I will turn it over. Oh, I think I have one more 5342 02:59:00,101 --> 02:59:00,300 so now I will turn it over. Oh, I think I have one more Slide. 5343 02:59:00,300 --> 02:59:02,669 oh, I think I have one more Slide. And so lastly, I‘ve been trying 5344 02:59:02,669 --> 02:59:03,203 slide. And so lastly, I‘ve been trying To get to you,. 5345 02:59:03,203 --> 02:59:03,470 and so lastly, I‘ve been trying To get to you,. [laughter] 5346 02:59:03,470 --> 02:59:03,705 to get to you,. [laughter] Joyce. 5347 02:59:03,705 --> 02:59:05,874 [laughter] Joyce. It‘s been a long day. 5348 02:59:05,874 --> 02:59:09,043 joyce. It‘s been a long day. The, the down payment assistance 5349 02:59:09,043 --> 02:59:10,678 it‘s been a long day. The, the down payment assistance Program, public private 5350 02:59:10,678 --> 02:59:12,446 the, the down payment assistance Program, public private Partnerships as shown on the 5351 02:59:12,446 --> 02:59:16,750 program, public private Partnerships as shown on the Slide 24, cfr 92.2 hundred 5352 02:59:16,750 --> 02:59:19,219 partnerships as shown on the Slide 24, cfr 92.2 hundred Requires and expects there to be 5353 02:59:19,219 --> 02:59:19,554 slide 24, cfr 92.2 hundred Requires and expects there to be Partnerships. 5354 02:59:19,554 --> 02:59:20,955 requires and expects there to be Partnerships. It‘s actually in the name of t 5355 02:59:20,955 --> 02:59:21,189 partnerships. It‘s actually in the name of t Program. 5356 02:59:21,189 --> 02:59:22,924 it‘s actually in the name of t Program. It‘s the home investment 5357 02:59:22,924 --> 02:59:23,892 program. It‘s the home investment Partnerships program. 5358 02:59:23,892 --> 02:59:25,760 it‘s the home investment Partnerships program. We‘re supposed to be leveraging 5359 02:59:25,760 --> 02:59:26,094 partnerships program. We‘re supposed to be leveraging Partnerships. 5360 02:59:26,094 --> 02:59:28,196 we‘re supposed to be leveraging Partnerships. So the the lending referral 5361 02:59:28,196 --> 02:59:28,963 partnerships. So the the lending referral Partners is underway. 5362 02:59:28,963 --> 02:59:30,398 so the the lending referral Partners is underway. It is not fully launched. 5363 02:59:30,398 --> 02:59:33,534 partners is underway. It is not fully launched. We reached out to all of the 5364 02:59:33,534 --> 02:59:35,936 it is not fully launched. We reached out to all of the Lenders that are in the tea 5365 02:59:35,936 --> 02:59:36,137 we reached out to all of the Lenders that are in the tea Shack. 5366 02:59:36,137 --> 02:59:39,807 lenders that are in the tea Shack. Down payment assistance program, 5367 02:59:39,807 --> 02:59:40,675 shack. Down payment assistance program, Because we knew that they would 5368 02:59:40,675 --> 02:59:41,976 down payment assistance program, Because we knew that they would Have familiarity with these 5369 02:59:41,976 --> 02:59:43,277 because we knew that they would Have familiarity with these Types of programs. 5370 02:59:43,277 --> 02:59:44,077 have familiarity with these Types of programs. So we reached out to them. 5371 02:59:44,077 --> 02:59:45,713 types of programs. So we reached out to them. Most of them are very excited 5372 02:59:45,713 --> 02:59:47,115 so we reached out to them. Most of them are very excited And anxious to participate in 5373 02:59:47,115 --> 02:59:47,816 most of them are very excited And anxious to participate in Our program. 5374 02:59:47,816 --> 02:59:49,817 and anxious to participate in Our program. We wanted to stand it up first, 5375 02:59:49,817 --> 02:59:50,952 our program. We wanted to stand it up first, Get the application done, and 5376 02:59:50,952 --> 02:59:53,421 we wanted to stand it up first, Get the application done, and Then engage with them. 5377 02:59:53,421 --> 02:59:55,756 get the application done, and Then engage with them. And so we are working on that. 5378 02:59:55,756 --> 02:59:59,327 then engage with them. And so we are working on that. We also are excited to tout our 5379 02:59:59,327 --> 03:00:01,094 and so we are working on that. We also are excited to tout our Partnership with framework cdc, 5380 03:00:01,094 --> 03:00:02,629 we also are excited to tout our Partnership with framework cdc, A hud approved housing 5381 03:00:02,629 --> 03:00:05,066 partnership with framework cdc, A hud approved housing Counseling agency who will go 5382 03:00:05,066 --> 03:00:06,500 a hud approved housing Counseling agency who will go Over for the court in the public 5383 03:00:06,500 --> 03:00:07,301 counseling agency who will go Over for the court in the public In just a moment. 5384 03:00:07,301 --> 03:00:08,702 over for the court in the public In just a moment. The affordability calculator to 5385 03:00:08,702 --> 03:00:10,003 in just a moment. The affordability calculator to Run some scenarios for the 5386 03:00:10,003 --> 03:00:13,074 the affordability calculator to Run some scenarios for the Court, providing a required 5387 03:00:13,074 --> 03:00:14,642 run some scenarios for the Court, providing a required Homebuyer education and housing 5388 03:00:14,642 --> 03:00:16,243 court, providing a required Homebuyer education and housing Counseling, and then, of course, 5389 03:00:16,243 --> 03:00:17,212 homebuyer education and housing Counseling, and then, of course, Ensuring that all clients are 5390 03:00:17,212 --> 03:00:18,446 counseling, and then, of course, Ensuring that all clients are Mortgage ready as a prerequisite 5391 03:00:18,446 --> 03:00:19,414 ensuring that all clients are Mortgage ready as a prerequisite For our program. 5392 03:00:19,414 --> 03:00:20,781 mortgage ready as a prerequisite For our program. And then lastly, but certainly 5393 03:00:20,781 --> 03:00:23,618 for our program. And then lastly, but certainly Not least, is the hatzi family 5394 03:00:23,618 --> 03:00:26,054 and then lastly, but certainly Not least, is the hatzi family Self-sufficiency program, where 5395 03:00:26,054 --> 03:00:28,523 not least, is the hatzi family Self-sufficiency program, where Brenda will talk about how our 5396 03:00:28,523 --> 03:00:29,389 self-sufficiency program, where Brenda will talk about how our Partnership will work and how 5397 03:00:29,389 --> 03:00:31,493 brenda will talk about how our Partnership will work and how They will market, promote and 5398 03:00:31,493 --> 03:00:33,495 partnership will work and how They will market, promote and Refer their clients to the 5399 03:00:33,495 --> 03:00:34,862 they will market, promote and Refer their clients to the County‘s dpa program. 5400 03:00:34,862 --> 03:00:36,664 refer their clients to the County‘s dpa program. Turn it over to you, joyce. 5401 03:00:36,664 --> 03:00:37,331 county‘s dpa program. Turn it over to you, joyce. >> okay. 5402 03:00:37,331 --> 03:00:37,831 turn it over to you, joyce. >> okay. Okay. 5403 03:00:37,831 --> 03:00:38,432 >> okay. Okay. Well, good afternoon. 5404 03:00:38,432 --> 03:00:40,567 okay. Well, good afternoon. >> pleasure to be here today. 5405 03:00:40,567 --> 03:00:43,138 well, good afternoon. >> pleasure to be here today. And we‘re going to kick off with 5406 03:00:43,138 --> 03:00:46,406 >> pleasure to be here today. And we‘re going to kick off with Our segment of the portion of 5407 03:00:46,406 --> 03:00:49,243 and we‘re going to kick off with Our segment of the portion of What the will make this down 5408 03:00:49,243 --> 03:00:50,811 our segment of the portion of What the will make this down Payment assistance program 5409 03:00:50,811 --> 03:00:52,647 what the will make this down Payment assistance program Successful for our constituents. 5410 03:00:52,647 --> 03:00:54,615 payment assistance program Successful for our constituents. And so I would focus your 5411 03:00:54,615 --> 03:00:55,850 successful for our constituents. And so I would focus your Attention on the scenarios that 5412 03:00:55,850 --> 03:00:56,584 and so I would focus your Attention on the scenarios that We‘ve provided. 5413 03:00:56,584 --> 03:00:58,152 attention on the scenarios that We‘ve provided. And so scenario, can you all 5414 03:00:58,152 --> 03:01:00,989 we‘ve provided. And so scenario, can you all Hear me sound like the mic is in 5415 03:01:00,989 --> 03:01:02,557 and so scenario, can you all Hear me sound like the mic is in My eye and we‘re down some. 5416 03:01:02,557 --> 03:01:04,858 hear me sound like the mic is in My eye and we‘re down some. Okay, so hopefully you can see 5417 03:01:04,858 --> 03:01:05,325 my eye and we‘re down some. Okay, so hopefully you can see The scenario. 5418 03:01:05,325 --> 03:01:08,629 okay, so hopefully you can see The scenario. So we, we used the scenarios 5419 03:01:08,629 --> 03:01:12,567 the scenario. So we, we used the scenarios Based on the 80, 50, 60, 50 to 5420 03:01:12,567 --> 03:01:13,200 so we, we used the scenarios Based on the 80, 50, 60, 50 to 80% mfi. 5421 03:01:13,200 --> 03:01:14,568 based on the 80, 50, 60, 50 to 80% mfi. And we wanted to give several 5422 03:01:14,568 --> 03:01:16,604 80% mfi. And we wanted to give several Scenarios using two of the most 5423 03:01:16,604 --> 03:01:18,239 and we wanted to give several Scenarios using two of the most Popular mortgage loan programs, 5424 03:01:18,239 --> 03:01:20,175 scenarios using two of the most Popular mortgage loan programs, Which is the federal housing 5425 03:01:20,175 --> 03:01:21,675 popular mortgage loan programs, Which is the federal housing Administration, also known as 5426 03:01:21,675 --> 03:01:23,811 which is the federal housing Administration, also known as Fha, and conventional financing, 5427 03:01:23,811 --> 03:01:25,946 administration, also known as Fha, and conventional financing, Which happens to be my favorite 5428 03:01:25,946 --> 03:01:27,814 fha, and conventional financing, Which happens to be my favorite Product for several reasons, in 5429 03:01:27,814 --> 03:01:28,882 which happens to be my favorite Product for several reasons, in Which I‘ll elaborate. 5430 03:01:28,882 --> 03:01:31,919 product for several reasons, in Which I‘ll elaborate. So the first scenario is based 5431 03:01:31,919 --> 03:01:34,054 which I‘ll elaborate. So the first scenario is based On the conventional financing 5432 03:01:34,054 --> 03:01:36,691 so the first scenario is based On the conventional financing And the borrower being eligible 5433 03:01:36,691 --> 03:01:38,325 on the conventional financing And the borrower being eligible For 50 using 5000. 5434 03:01:38,325 --> 03:01:41,529 and the borrower being eligible For 50 using 5000. As she said, the down payment 5435 03:01:41,529 --> 03:01:43,965 for 50 using 5000. As she said, the down payment Intent is not that it is 5436 03:01:43,965 --> 03:01:46,134 as she said, the down payment Intent is not that it is Eligible for using the or 5437 03:01:46,134 --> 03:01:48,436 intent is not that it is Eligible for using the or Consuming 75000 in totality, but 5438 03:01:48,436 --> 03:01:49,804 eligible for using the or Consuming 75000 in totality, but It‘s based on need, right? 5439 03:01:49,804 --> 03:01:52,906 consuming 75000 in totality, but It‘s based on need, right? So with that understanding on 5440 03:01:52,906 --> 03:01:55,476 it‘s based on need, right? So with that understanding on The side of the borrower, john 5441 03:01:55,476 --> 03:01:58,979 so with that understanding on The side of the borrower, john Doe conveying the gross income 5442 03:01:58,979 --> 03:02:00,781 the side of the borrower, john Doe conveying the gross income From the credit tri merge credit 5443 03:02:00,781 --> 03:02:01,915 doe conveying the gross income From the credit tri merge credit Report, creditors are reporting 5444 03:02:01,915 --> 03:02:05,085 from the credit tri merge credit Report, creditors are reporting The car payment and the credit 5445 03:02:05,085 --> 03:02:05,919 report, creditors are reporting The car payment and the credit Card or loan payment of. 5446 03:02:05,919 --> 03:02:09,456 the car payment and the credit Card or loan payment of. 152 so the debt is. 5447 03:02:09,456 --> 03:02:13,594 card or loan payment of. 152 so the debt is. 524 from the credit repository 5448 03:02:13,594 --> 03:02:16,530 152 so the debt is. 524 from the credit repository Conveyance I want to transit 5449 03:02:16,530 --> 03:02:17,831 524 from the credit repository Conveyance I want to transit Before I talk about the ratios 5450 03:02:17,831 --> 03:02:19,700 conveyance I want to transit Before I talk about the ratios And the other elements to this 5451 03:02:19,700 --> 03:02:22,436 before I talk about the ratios And the other elements to this Section, I‘d like to shift to 5452 03:02:22,436 --> 03:02:25,740 and the other elements to this Section, I‘d like to shift to The area where we‘re conveying 5453 03:02:25,740 --> 03:02:26,473 section, I‘d like to shift to The area where we‘re conveying The sales price. 5454 03:02:26,473 --> 03:02:27,774 the area where we‘re conveying The sales price. And I tried to keep the sales 5455 03:02:27,774 --> 03:02:30,645 the sales price. And I tried to keep the sales Price similar to the subsidy 5456 03:02:30,645 --> 03:02:33,114 and I tried to keep the sales Price similar to the subsidy Caps, because these are kind of 5457 03:02:33,114 --> 03:02:35,250 price similar to the subsidy Caps, because these are kind of Realistic prices that are 5458 03:02:35,250 --> 03:02:37,618 caps, because these are kind of Realistic prices that are Affordable for low to moderate 5459 03:02:37,618 --> 03:02:38,887 realistic prices that are Affordable for low to moderate Income buyers or very low to 5460 03:02:38,887 --> 03:02:40,220 affordable for low to moderate Income buyers or very low to Moderate income buyers, which is 5461 03:02:40,220 --> 03:02:41,823 income buyers or very low to Moderate income buyers, which is The demographic income 5462 03:02:41,823 --> 03:02:43,124 moderate income buyers, which is The demographic income Demographic that we‘re serving. 5463 03:02:43,124 --> 03:02:46,094 the demographic income Demographic that we‘re serving. So in this particular scenario, 5464 03:02:46,094 --> 03:02:49,898 demographic that we‘re serving. So in this particular scenario, We looked at a 202, $203,000 5465 03:02:49,898 --> 03:02:50,198 so in this particular scenario, We looked at a 202, $203,000 Sales price. 5466 03:02:50,198 --> 03:02:53,468 we looked at a 202, $203,000 Sales price. And if the borrower is getting 5467 03:02:53,468 --> 03:02:55,335 sales price. And if the borrower is getting $50,000 in down payment 5468 03:02:55,335 --> 03:02:57,037 and if the borrower is getting $50,000 in down payment Assistance, that subsidy creates 5469 03:02:57,037 --> 03:03:00,307 $50,000 in down payment Assistance, that subsidy creates A loan to value of 75.33%. 5470 03:03:00,307 --> 03:03:01,976 assistance, that subsidy creates A loan to value of 75.33%. And what that loan to value 5471 03:03:01,976 --> 03:03:04,212 a loan to value of 75.33%. And what that loan to value Means is that if there if there 5472 03:03:04,212 --> 03:03:05,479 and what that loan to value Means is that if there if there Is no down payment requirement, 5473 03:03:05,479 --> 03:03:08,249 means is that if there if there Is no down payment requirement, Then it‘s 100% loan to value the 5474 03:03:08,249 --> 03:03:10,817 is no down payment requirement, Then it‘s 100% loan to value the Subsidy divided by the sales 5475 03:03:10,817 --> 03:03:12,887 then it‘s 100% loan to value the Subsidy divided by the sales Price determines what percentage 5476 03:03:12,887 --> 03:03:14,121 subsidy divided by the sales Price determines what percentage Of that subsidy is paying for 5477 03:03:14,121 --> 03:03:14,789 price determines what percentage Of that subsidy is paying for That home. 5478 03:03:14,789 --> 03:03:17,557 of that subsidy is paying for That home. So in this scenario, the subsidy 5479 03:03:17,557 --> 03:03:20,260 that home. So in this scenario, the subsidy That is being used 50,000 is 5480 03:03:20,260 --> 03:03:23,431 so in this scenario, the subsidy That is being used 50,000 is About 22, 23,000, 22, 23%. 5481 03:03:23,431 --> 03:03:26,199 that is being used 50,000 is About 22, 23,000, 22, 23%. And that subtracted by 100% 5482 03:03:26,199 --> 03:03:29,070 about 22, 23,000, 22, 23%. And that subtracted by 100% Created a loan to value of 5483 03:03:29,070 --> 03:03:29,304 and that subtracted by 100% Created a loan to value of 75.33%. 5484 03:03:29,304 --> 03:03:31,573 created a loan to value of 75.33%. So the borrower would then need 5485 03:03:31,573 --> 03:03:35,510 75.33%. So the borrower would then need To identify financing not at 5486 03:03:35,510 --> 03:03:37,578 so the borrower would then need To identify financing not at 100% of the sales price, but at 5487 03:03:37,578 --> 03:03:38,746 to identify financing not at 100% of the sales price, but at 75% of the sales price, which 5488 03:03:38,746 --> 03:03:41,249 100% of the sales price, but at 75% of the sales price, which Now makes the mortgage payment 5489 03:03:41,249 --> 03:03:41,482 75% of the sales price, which Now makes the mortgage payment Smaller. 5490 03:03:41,482 --> 03:03:44,452 now makes the mortgage payment Smaller. And the mortgage loan smaller, 5491 03:03:44,452 --> 03:03:46,120 smaller. And the mortgage loan smaller, And thus the payment smaller. 5492 03:03:46,120 --> 03:03:48,889 and the mortgage loan smaller, And thus the payment smaller. The benefit of a conventional 5493 03:03:48,889 --> 03:03:49,924 and thus the payment smaller. The benefit of a conventional Financing is that with 5494 03:03:49,924 --> 03:03:51,091 the benefit of a conventional Financing is that with Conventional financing, which is 5495 03:03:51,091 --> 03:03:54,094 financing is that with Conventional financing, which is Private financing, when the loan 5496 03:03:54,094 --> 03:03:57,865 conventional financing, which is Private financing, when the loan To value is below 80%, the 5497 03:03:57,865 --> 03:04:00,334 private financing, when the loan To value is below 80%, the Investor will not assess the 5498 03:04:00,334 --> 03:04:01,568 to value is below 80%, the Investor will not assess the Borrower with what‘s called 5499 03:04:01,568 --> 03:04:03,071 investor will not assess the Borrower with what‘s called Private mortgage insurance. 5500 03:04:03,071 --> 03:04:04,405 borrower with what‘s called Private mortgage insurance. And the private mortgage 5501 03:04:04,405 --> 03:04:05,807 private mortgage insurance. And the private mortgage Insurance is an insurance policy 5502 03:04:05,807 --> 03:04:07,108 and the private mortgage Insurance is an insurance policy To protect the investor. 5503 03:04:07,108 --> 03:04:09,209 insurance is an insurance policy To protect the investor. If the investor loses the loan 5504 03:04:09,209 --> 03:04:12,046 to protect the investor. If the investor loses the loan Through mortgage default, if the 5505 03:04:12,046 --> 03:04:14,615 if the investor loses the loan Through mortgage default, if the Mortgager defaulted on the loan, 5506 03:04:14,615 --> 03:04:16,384 through mortgage default, if the Mortgager defaulted on the loan, The the investor is made whole 5507 03:04:16,384 --> 03:04:17,885 mortgager defaulted on the loan, The the investor is made whole By this private mortgage 5508 03:04:17,885 --> 03:04:18,286 the the investor is made whole By this private mortgage Insurance policy. 5509 03:04:18,286 --> 03:04:19,887 by this private mortgage Insurance policy. So it‘s not benefiting the 5510 03:04:19,887 --> 03:04:21,456 insurance policy. So it‘s not benefiting the Mortgager, it‘s benefiting the 5511 03:04:21,456 --> 03:04:22,557 so it‘s not benefiting the Mortgager, it‘s benefiting the Investor, you know, from loss. 5512 03:04:22,557 --> 03:04:26,060 mortgager, it‘s benefiting the Investor, you know, from loss. And so we we thought this was 5513 03:04:26,060 --> 03:04:27,962 investor, you know, from loss. And so we we thought this was Important to convey because if 5514 03:04:27,962 --> 03:04:30,631 and so we we thought this was Important to convey because if There‘s no pmi, then it makes 5515 03:04:30,631 --> 03:04:33,101 important to convey because if There‘s no pmi, then it makes The housing payment smaller, 5516 03:04:33,101 --> 03:04:33,300 there‘s no pmi, then it makes The housing payment smaller, Right? 5517 03:04:33,300 --> 03:04:34,936 the housing payment smaller, Right? So the goal is to get the. 5518 03:04:34,936 --> 03:04:36,770 right? So the goal is to get the. And then in addition to that, 5519 03:04:36,770 --> 03:04:38,338 so the goal is to get the. And then in addition to that, The credit score for 5520 03:04:38,338 --> 03:04:41,175 and then in addition to that, The credit score for Conventional financing starts at 5521 03:04:41,175 --> 03:04:41,341 the credit score for Conventional financing starts at 620. 5522 03:04:41,341 --> 03:04:44,178 conventional financing starts at 620. But again, this program requires 5523 03:04:44,178 --> 03:04:44,344 620. But again, this program requires 640. 5524 03:04:44,344 --> 03:04:44,811 but again, this program requires 640. So we will. 5525 03:04:44,811 --> 03:04:47,648 640. So we will. We always convey that the 5526 03:04:47,648 --> 03:04:49,416 so we will. We always convey that the Borrower should at least aim at 5527 03:04:49,416 --> 03:04:51,753 we always convey that the Borrower should at least aim at A 640 score or higher, because 5528 03:04:51,753 --> 03:04:53,888 borrower should at least aim at A 640 score or higher, because There are down payment programs, 5529 03:04:53,888 --> 03:04:55,556 a 640 score or higher, because There are down payment programs, Including dpa, this dpa program 5530 03:04:55,556 --> 03:04:56,391 there are down payment programs, Including dpa, this dpa program That requires a. 5531 03:04:56,391 --> 03:04:56,891 including dpa, this dpa program That requires a. 640. 5532 03:04:56,891 --> 03:04:57,692 that requires a. 640. So we. 5533 03:04:57,692 --> 03:04:58,993 640. So we. As a housing counseling, we. 5534 03:04:58,993 --> 03:05:00,827 so we. As a housing counseling, we. We set a standard at 640 should 5535 03:05:00,827 --> 03:05:03,131 as a housing counseling, we. We set a standard at 640 should Be your goal for a credit score. 5536 03:05:03,131 --> 03:05:05,066 we set a standard at 640 should Be your goal for a credit score. We made assumptions on the 5537 03:05:05,066 --> 03:05:06,901 be your goal for a credit score. We made assumptions on the Insurance based on the insurance 5538 03:05:06,901 --> 03:05:09,037 we made assumptions on the Insurance based on the insurance Rate in austin and central texas 5539 03:05:09,037 --> 03:05:09,804 insurance based on the insurance Rate in austin and central texas And the hoa. 5540 03:05:09,804 --> 03:05:12,273 rate in austin and central texas And the hoa. And we looked at this obviously 5541 03:05:12,273 --> 03:05:15,510 and the hoa. And we looked at this obviously As a 36 month, 30 year mortgage 5542 03:05:15,510 --> 03:05:16,777 and we looked at this obviously As a 36 month, 30 year mortgage Loan to make the payment 5543 03:05:16,777 --> 03:05:17,010 as a 36 month, 30 year mortgage Loan to make the payment Smaller. 5544 03:05:17,010 --> 03:05:18,979 loan to make the payment Smaller. And as you can see, we use an 5545 03:05:18,979 --> 03:05:20,181 smaller. And as you can see, we use an Interest rate, which is probably 5546 03:05:20,181 --> 03:05:21,316 and as you can see, we use an Interest rate, which is probably Higher than the market rate. 5547 03:05:21,316 --> 03:05:23,151 interest rate, which is probably Higher than the market rate. Now it‘s floating at about a 5548 03:05:23,151 --> 03:05:24,419 higher than the market rate. Now it‘s floating at about a Little over 6.5%. 5549 03:05:24,419 --> 03:05:25,585 now it‘s floating at about a Little over 6.5%. But, you know, we don‘t know 5550 03:05:25,585 --> 03:05:27,220 little over 6.5%. But, you know, we don‘t know Where the economy is going, 5551 03:05:27,220 --> 03:05:28,222 but, you know, we don‘t know Where the economy is going, Given the fact that we‘re in an 5552 03:05:28,222 --> 03:05:29,223 where the economy is going, Given the fact that we‘re in an Inflationary economy. 5553 03:05:29,223 --> 03:05:31,793 given the fact that we‘re in an Inflationary economy. And then we did not use a pmi 5554 03:05:31,793 --> 03:05:35,662 inflationary economy. And then we did not use a pmi Rate because the pmi is recused 5555 03:05:35,662 --> 03:05:38,932 and then we did not use a pmi Rate because the pmi is recused Because of the ltv being under 5556 03:05:38,932 --> 03:05:39,100 rate because the pmi is recused Because of the ltv being under 80%. 5557 03:05:39,100 --> 03:05:40,300 because of the ltv being under 80%. >> if I ever need to buy 5558 03:05:40,300 --> 03:05:40,735 80%. >> if I ever need to buy Anything. 5559 03:05:40,735 --> 03:05:41,002 >> if I ever need to buy Anything. [laughter] 5560 03:05:41,002 --> 03:05:43,905 anything. [laughter] Again, I need your phone number. 5561 03:05:43,905 --> 03:05:46,908 [laughter] Again, I need your phone number. >> and we explained this to our 5562 03:05:46,908 --> 03:05:48,476 again, I need your phone number. >> and we explained this to our Clients because we want to give 5563 03:05:48,476 --> 03:05:49,610 >> and we explained this to our Clients because we want to give Our clients the benefit of the 5564 03:05:49,610 --> 03:05:51,378 clients because we want to give Our clients the benefit of the Fact that they are intelligent 5565 03:05:51,378 --> 03:05:52,713 our clients the benefit of the Fact that they are intelligent Enough to understand these 5566 03:05:52,713 --> 03:05:52,980 fact that they are intelligent Enough to understand these Concepts. 5567 03:05:52,980 --> 03:05:54,581 enough to understand these Concepts. We also explain to the clients, 5568 03:05:54,581 --> 03:05:55,682 concepts. We also explain to the clients, We explained this to the client 5569 03:05:55,682 --> 03:05:56,683 we also explain to the clients, We explained this to the client Because we want them to control 5570 03:05:56,683 --> 03:05:59,787 we explained this to the client Because we want them to control The transaction going into the 5571 03:05:59,787 --> 03:06:01,121 because we want them to control The transaction going into the Conversation with the lender and 5572 03:06:01,121 --> 03:06:03,424 the transaction going into the Conversation with the lender and Realtor, explaining what I want 5573 03:06:03,424 --> 03:06:05,026 conversation with the lender and Realtor, explaining what I want To spend on housing, not what 5574 03:06:05,026 --> 03:06:06,594 realtor, explaining what I want To spend on housing, not what You have pre-qualified me for, 5575 03:06:06,594 --> 03:06:07,861 to spend on housing, not what You have pre-qualified me for, Because you could pre-qualify 5576 03:06:07,861 --> 03:06:08,628 you have pre-qualified me for, Because you could pre-qualify For more than what you can 5577 03:06:08,628 --> 03:06:08,862 because you could pre-qualify For more than what you can Afford. 5578 03:06:08,862 --> 03:06:10,932 for more than what you can Afford. And you need to understand these 5579 03:06:10,932 --> 03:06:13,067 afford. And you need to understand these Concepts so that there‘s no bait 5580 03:06:13,067 --> 03:06:13,735 and you need to understand these Concepts so that there‘s no bait And switch going on. 5581 03:06:13,735 --> 03:06:15,269 concepts so that there‘s no bait And switch going on. There‘s no predatory activity 5582 03:06:15,269 --> 03:06:17,604 and switch going on. There‘s no predatory activity Going on, and there tends to be 5583 03:06:17,604 --> 03:06:19,406 there‘s no predatory activity Going on, and there tends to be Better service from an 5584 03:06:19,406 --> 03:06:20,408 going on, and there tends to be Better service from an Intellectual capacity. 5585 03:06:20,408 --> 03:06:22,909 better service from an Intellectual capacity. When a client understands these 5586 03:06:22,909 --> 03:06:23,176 intellectual capacity. When a client understands these Concepts. 5587 03:06:23,176 --> 03:06:25,780 when a client understands these Concepts. So our counseling services are 5588 03:06:25,780 --> 03:06:26,381 concepts. So our counseling services are Pretty extensive. 5589 03:06:26,381 --> 03:06:28,316 so our counseling services are Pretty extensive. The education is what it is, but 5590 03:06:28,316 --> 03:06:29,750 pretty extensive. The education is what it is, but The counseling services go into 5591 03:06:29,750 --> 03:06:31,551 the education is what it is, but The counseling services go into The mutia of this, and it can 5592 03:06:31,551 --> 03:06:33,688 the counseling services go into The mutia of this, and it can Be 2 to 3 hours because we want 5593 03:06:33,688 --> 03:06:35,056 the mutia of this, and it can Be 2 to 3 hours because we want You to understand these concepts 5594 03:06:35,056 --> 03:06:36,324 be 2 to 3 hours because we want You to understand these concepts And be an active participant. 5595 03:06:36,324 --> 03:06:37,858 you to understand these concepts And be an active participant. So with that understanding, the 5596 03:06:37,858 --> 03:06:38,760 and be an active participant. So with that understanding, the Loan to value has been reduced 5597 03:06:38,760 --> 03:06:40,561 so with that understanding, the Loan to value has been reduced To 80% and conventional 5598 03:06:40,561 --> 03:06:43,497 loan to value has been reduced To 80% and conventional Financing, no pmi, we did not 5599 03:06:43,497 --> 03:06:45,199 to 80% and conventional Financing, no pmi, we did not Use hoa because we don’t have 5600 03:06:45,199 --> 03:06:46,300 financing, no pmi, we did not Use hoa because we don’t have That information. 5601 03:06:46,300 --> 03:06:49,070 use hoa because we don’t have That information. But we do know the average hoa 5602 03:06:49,070 --> 03:06:51,071 that information. But we do know the average hoa In in texas and in austin. 5603 03:06:51,071 --> 03:06:54,875 but we do know the average hoa In in texas and in austin. So then the loan amount is 5604 03:06:54,875 --> 03:06:57,412 in in texas and in austin. So then the loan amount is 152,668, because the ltv is 75% 5605 03:06:57,412 --> 03:06:58,546 so then the loan amount is 152,668, because the ltv is 75% Versus what the loan amount 5606 03:06:58,546 --> 03:07:02,083 152,668, because the ltv is 75% Versus what the loan amount Would have been if the, the ltv 5607 03:07:02,083 --> 03:07:03,250 versus what the loan amount Would have been if the, the ltv Was, was, was higher. 5608 03:07:03,250 --> 03:07:07,455 would have been if the, the ltv Was, was, was higher. The pi is 990 20 property taxes 5609 03:07:07,455 --> 03:07:11,459 was, was, was higher. The pi is 990 20 property taxes Divided by 12358, insurance 84 5610 03:07:11,459 --> 03:07:13,061 the pi is 990 20 property taxes Divided by 12358, insurance 84 And the mortgage payment total 5611 03:07:13,061 --> 03:07:15,729 divided by 12358, insurance 84 And the mortgage payment total Housing payment is 1432, which 5612 03:07:15,729 --> 03:07:17,030 and the mortgage payment total Housing payment is 1432, which Is on par with rents. 5613 03:07:17,030 --> 03:07:19,300 housing payment is 1432, which Is on par with rents. It actually is lower than rents. 5614 03:07:19,300 --> 03:07:19,500 is on par with rents. It actually is lower than rents. Yeah. 5615 03:07:19,500 --> 03:07:19,867 it actually is lower than rents. Yeah. Right. 5616 03:07:19,867 --> 03:07:22,135 yeah. Right. So under this scenario, this 5617 03:07:22,135 --> 03:07:23,438 right. So under this scenario, this Down payment program is making 5618 03:07:23,438 --> 03:07:25,740 so under this scenario, this Down payment program is making It possible to transition 5619 03:07:25,740 --> 03:07:27,141 down payment program is making It possible to transition Renters to homeowners. 5620 03:07:27,141 --> 03:07:29,176 it possible to transition Renters to homeowners. >> for somebody who‘s at 65%, am 5621 03:07:29,176 --> 03:07:30,010 renters to homeowners. >> for somebody who‘s at 65%, am I correct? 5622 03:07:30,010 --> 03:07:30,445 >> for somebody who‘s at 65%, am I correct? >> that is correct. 5623 03:07:30,445 --> 03:07:32,179 I correct? >> that is correct. And this is and I‘m glad that 5624 03:07:32,179 --> 03:07:32,946 >> that is correct. And this is and I‘m glad that You brought that to bear, 5625 03:07:32,946 --> 03:07:34,449 and this is and I‘m glad that You brought that to bear, Because this scenario at the 5626 03:07:34,449 --> 03:07:36,450 you brought that to bear, Because this scenario at the Very bottom in red lettering, 5627 03:07:36,450 --> 03:07:37,517 because this scenario at the Very bottom in red lettering, This scenario is based on 5628 03:07:37,517 --> 03:07:39,486 very bottom in red lettering, This scenario is based on Someone making 65% mfi. 5629 03:07:39,486 --> 03:07:43,624 this scenario is based on Someone making 65% mfi. So going back to the borrower 5630 03:07:43,624 --> 03:07:47,527 someone making 65% mfi. So going back to the borrower Side, the when she conveyed the 5631 03:07:47,527 --> 03:07:48,862 so going back to the borrower Side, the when she conveyed the Housing ratio, the housing ratio 5632 03:07:48,862 --> 03:07:52,365 side, the when she conveyed the Housing ratio, the housing ratio Was based on the mortgage 5633 03:07:52,365 --> 03:07:52,600 housing ratio, the housing ratio Was based on the mortgage Payment. 5634 03:07:52,600 --> 03:07:54,769 was based on the mortgage Payment. The total housing payment 5635 03:07:54,769 --> 03:07:56,770 payment. The total housing payment Divided by the gross monthly 5636 03:07:56,770 --> 03:07:57,003 the total housing payment Divided by the gross monthly Income. 5637 03:07:57,003 --> 03:07:58,939 divided by the gross monthly Income. So this person‘s housing ratio 5638 03:07:58,939 --> 03:08:00,774 income. So this person‘s housing ratio Is lower than the housing ratio 5639 03:08:00,774 --> 03:08:03,644 so this person‘s housing ratio Is lower than the housing ratio That‘s on this chart, which is 5640 03:08:03,644 --> 03:08:03,811 is lower than the housing ratio That‘s on this chart, which is 38%. 5641 03:08:03,811 --> 03:08:06,780 that‘s on this chart, which is 38%. This person‘s housing ratio was 5642 03:08:06,780 --> 03:08:07,013 38%. This person‘s housing ratio was 28.22%. 5643 03:08:07,013 --> 03:08:10,183 this person‘s housing ratio was 28.22%. That is the percentage of their 5644 03:08:10,183 --> 03:08:11,452 28.22%. That is the percentage of their Current gross monthly income 5645 03:08:11,452 --> 03:08:14,254 that is the percentage of their Current gross monthly income That‘s being used to to pay 5646 03:08:14,254 --> 03:08:14,489 current gross monthly income That‘s being used to to pay Housing. 5647 03:08:14,489 --> 03:08:16,824 that‘s being used to to pay Housing. So that‘s below the as a matter 5648 03:08:16,824 --> 03:08:18,993 housing. So that‘s below the as a matter Of fact, hud‘s housing ratio is 5649 03:08:18,993 --> 03:08:19,527 so that‘s below the as a matter Of fact, hud‘s housing ratio is Recommended that it. 5650 03:08:19,527 --> 03:08:20,794 of fact, hud‘s housing ratio is Recommended that it. Don‘t be that it‘s not greater 5651 03:08:20,794 --> 03:08:21,862 recommended that it. Don‘t be that it‘s not greater Than 30%. 5652 03:08:21,862 --> 03:08:23,931 don‘t be that it‘s not greater Than 30%. So this housing ratio is less 5653 03:08:23,931 --> 03:08:25,365 than 30%. So this housing ratio is less Than that 30% ratio. 5654 03:08:25,365 --> 03:08:27,067 so this housing ratio is less Than that 30% ratio. And it‘s much less than the 5655 03:08:27,067 --> 03:08:27,334 than that 30% ratio. And it‘s much less than the Standard. 5656 03:08:27,334 --> 03:08:29,070 and it‘s much less than the Standard. And then the debt to income 5657 03:08:29,070 --> 03:08:31,071 standard. And then the debt to income Ratio, 43%, which is the back 5658 03:08:31,071 --> 03:08:33,641 and then the debt to income Ratio, 43%, which is the back End ratio in this scenario, 5659 03:08:33,641 --> 03:08:35,976 ratio, 43%, which is the back End ratio in this scenario, Again, is less than the 43%. 5660 03:08:35,976 --> 03:08:38,378 end ratio in this scenario, Again, is less than the 43%. It‘s 385%. 5661 03:08:38,378 --> 03:08:40,715 again, is less than the 43%. It‘s 385%. So this is a healthy transaction 5662 03:08:40,715 --> 03:08:43,384 it‘s 385%. So this is a healthy transaction For borrower and it creates 5663 03:08:43,384 --> 03:08:45,219 so this is a healthy transaction For borrower and it creates Sustainability and it creates 5664 03:08:45,219 --> 03:08:45,553 for borrower and it creates Sustainability and it creates Affordability. 5665 03:08:45,553 --> 03:08:48,723 sustainability and it creates Affordability. And it also creates housing 5666 03:08:48,723 --> 03:08:48,990 affordability. And it also creates housing Stability. 5667 03:08:48,990 --> 03:08:51,057 and it also creates housing Stability. So that‘s the first scenario. 5668 03:08:51,057 --> 03:08:52,360 stability. So that‘s the first scenario. So yes sir. 5669 03:08:52,360 --> 03:08:55,563 so that‘s the first scenario. So yes sir. >> I like the process. 5670 03:08:55,563 --> 03:08:57,331 so yes sir. >> I like the process. I like the logic. 5671 03:08:57,331 --> 03:09:00,534 >> I like the process. I like the logic. I‘m just looking at the housing 5672 03:09:00,534 --> 03:09:02,669 I like the logic. I‘m just looking at the housing Prices. 5673 03:09:02,669 --> 03:09:05,639 I‘m just looking at the housing Prices. 200,000 $200,000. 5674 03:09:05,639 --> 03:09:07,307 prices. 200,000 $200,000. >> this is based on a scenario 5675 03:09:07,307 --> 03:09:09,142 200,000 $200,000. >> this is based on a scenario Of $202,000. 5676 03:09:09,142 --> 03:09:12,345 >> this is based on a scenario Of $202,000. And so when we looked at what 5677 03:09:12,345 --> 03:09:13,681 of $202,000. And so when we looked at what This person could afford and 5678 03:09:13,681 --> 03:09:15,249 and so when we looked at what This person could afford and What‘s available in the housing 5679 03:09:15,249 --> 03:09:17,218 this person could afford and What‘s available in the housing Market, they may be able to 5680 03:09:17,218 --> 03:09:22,155 what‘s available in the housing Market, they may be able to Afford a condo, a older condo or 5681 03:09:22,155 --> 03:09:24,425 market, they may be able to Afford a condo, a older condo or Condominium that is in an 5682 03:09:24,425 --> 03:09:26,928 afford a condo, a older condo or Condominium that is in an Affordable housing. 5683 03:09:26,928 --> 03:09:29,963 condominium that is in an Affordable housing. Structure program like. 5684 03:09:29,963 --> 03:09:34,402 affordable housing. Structure program like. Chestnut neighborhood, community 5685 03:09:34,402 --> 03:09:36,938 structure program like. Chestnut neighborhood, community River revitalization or mueller 5686 03:09:36,938 --> 03:09:38,138 chestnut neighborhood, community River revitalization or mueller Affordable housing program. 5687 03:09:38,138 --> 03:09:38,306 river revitalization or mueller Affordable housing program. It. 5688 03:09:38,306 --> 03:09:38,473 affordable housing program. It. It. 5689 03:09:38,473 --> 03:09:41,108 it. It. It may be that they‘re buying a 5690 03:09:41,108 --> 03:09:43,611 it. It may be that they‘re buying a Home or in austin community land 5691 03:09:43,611 --> 03:09:44,512 it may be that they‘re buying a Home or in austin community land Trust program. 5692 03:09:44,512 --> 03:09:45,912 home or in austin community land Trust program. By theay, the city of austin 5693 03:09:45,912 --> 03:09:49,350 trust program. By theay, the city of austin Is developing clts in a condo 5694 03:09:49,350 --> 03:09:49,617 by theay, the city of austin Is developing clts in a condo Structure. 5695 03:09:49,617 --> 03:09:51,551 is developing clts in a condo Structure. So this is within those 5696 03:09:51,551 --> 03:09:51,852 structure. So this is within those Structures. 5697 03:09:51,852 --> 03:09:54,222 so this is within those Structures. >> so I would be wanting to put 5698 03:09:54,222 --> 03:09:56,591 structures. >> so I would be wanting to put Together an asset map of places 5699 03:09:56,591 --> 03:09:58,392 >> so I would be wanting to put Together an asset map of places That might because went through 5700 03:09:58,392 --> 03:09:59,693 together an asset map of places That might because went through This process a couple years ago 5701 03:09:59,693 --> 03:10:00,861 that might because went through This process a couple years ago With my oldest. 5702 03:10:00,861 --> 03:10:03,397 this process a couple years ago With my oldest. And to get to these dollars, 5703 03:10:03,397 --> 03:10:04,531 with my oldest. And to get to these dollars, They were in taylor. 5704 03:10:04,531 --> 03:10:07,235 and to get to these dollars, They were in taylor. So, so, but I would want to know 5705 03:10:07,235 --> 03:10:10,770 they were in taylor. So, so, but I would want to know If we are if, if, you know, you 5706 03:10:10,770 --> 03:10:12,273 so, so, but I would want to know If we are if, if, you know, you Gave me some context, I‘d want 5707 03:10:12,273 --> 03:10:15,375 if we are if, if, you know, you Gave me some context, I‘d want To know the developments in town 5708 03:10:15,375 --> 03:10:17,611 gave me some context, I‘d want To know the developments in town That would make this possible, 5709 03:10:17,611 --> 03:10:19,347 to know the developments in town That would make this possible, How far out we have to go. 5710 03:10:19,347 --> 03:10:21,482 that would make this possible, How far out we have to go. Do we have to go to the other 5711 03:10:21,482 --> 03:10:25,520 how far out we have to go. Do we have to go to the other Side of 183 or you mentioned 5712 03:10:25,520 --> 03:10:25,852 do we have to go to the other Side of 183 or you mentioned Chestnut that. 5713 03:10:25,852 --> 03:10:27,522 side of 183 or you mentioned Chestnut that. I mean, that‘s central east 5714 03:10:27,522 --> 03:10:29,723 chestnut that. I mean, that‘s central east Austin, but I‘d want I‘d want to 5715 03:10:29,723 --> 03:10:31,625 I mean, that‘s central east Austin, but I‘d want I‘d want to Be able to tell folks, okay, 5716 03:10:31,625 --> 03:10:34,594 austin, but I‘d want I‘d want to Be able to tell folks, okay, This is possible in these areas 5717 03:10:34,594 --> 03:10:37,098 be able to tell folks, okay, This is possible in these areas And these and, and, but I like 5718 03:10:37,098 --> 03:10:37,631 this is possible in these areas And these and, and, but I like The formula. 5719 03:10:37,631 --> 03:10:38,932 and these and, and, but I like The formula. I understand the logic. 5720 03:10:38,932 --> 03:10:40,767 the formula. I understand the logic. When I saw the numbers, I almost 5721 03:10:40,767 --> 03:10:41,868 I understand the logic. When I saw the numbers, I almost Fell out of my chair, though. 5722 03:10:41,868 --> 03:10:43,671 when I saw the numbers, I almost Fell out of my chair, though. So I just. 5723 03:10:43,671 --> 03:10:46,307 fell out of my chair, though. So I just. So I just want to make sure 5724 03:10:46,307 --> 03:10:49,577 so I just. So I just want to make sure That, that, that we know that 5725 03:10:49,577 --> 03:10:51,445 so I just want to make sure That, that, that we know that We‘re thinking about spaces 5726 03:10:51,445 --> 03:10:52,345 that, that, that we know that We‘re thinking about spaces Where this can happen. 5727 03:10:52,345 --> 03:10:53,114 we‘re thinking about spaces Where this can happen. >> that‘s right. 5728 03:10:53,114 --> 03:10:54,348 where this can happen. >> that‘s right. That has been a challenge. 5729 03:10:54,348 --> 03:10:57,084 >> that‘s right. That has been a challenge. It is that has absolutely been a 5730 03:10:57,084 --> 03:10:57,351 that has been a challenge. It is that has absolutely been a Challenge. 5731 03:10:57,351 --> 03:10:59,620 it is that has absolutely been a Challenge. Do you think, joyce, just to be 5732 03:10:59,620 --> 03:11:01,222 challenge. Do you think, joyce, just to be Considerate of time, maybe we 5733 03:11:01,222 --> 03:11:02,956 do you think, joyce, just to be Considerate of time, maybe we Could ip over the 80% and talk 5734 03:11:02,956 --> 03:11:03,958 considerate of time, maybe we Could ip over the 80% and talk About the 50%. 5735 03:11:03,958 --> 03:11:04,824 could ip over the 80% and talk About the 50%. We scenario. 5736 03:11:04,824 --> 03:11:05,793 about the 50%. We scenario. So it‘ll tie into. 5737 03:11:05,793 --> 03:11:06,561 we scenario. So it‘ll tie into. >> absolutely. 5738 03:11:06,561 --> 03:11:08,563 so it‘ll tie into. >> absolutely. And just keep keep in mind that 5739 03:11:08,563 --> 03:11:10,263 >> absolutely. And just keep keep in mind that This scenario would have created 5740 03:11:10,263 --> 03:11:13,868 and just keep keep in mind that This scenario would have created A, a larger sales price if the 5741 03:11:13,868 --> 03:11:15,536 this scenario would have created A, a larger sales price if the Down payment subsidy was 5742 03:11:15,536 --> 03:11:15,770 a, a larger sales price if the Down payment subsidy was Greater. 5743 03:11:15,770 --> 03:11:18,104 down payment subsidy was Greater. This was an example based on 5744 03:11:18,104 --> 03:11:18,306 greater. This was an example based on 5000. 5745 03:11:18,306 --> 03:11:20,608 this was an example based on 5000. If they had 75,000, that sales 5746 03:11:20,608 --> 03:11:24,245 5000. If they had 75,000, that sales Price may have looked like mid 5747 03:11:24,245 --> 03:11:24,512 if they had 75,000, that sales Price may have looked like mid $200,000. 5748 03:11:24,512 --> 03:11:24,946 price may have looked like mid $200,000. >> that‘s correct. 5749 03:11:24,946 --> 03:11:26,948 $200,000. >> that‘s correct. >> I also think given time, I 5750 03:11:26,948 --> 03:11:28,549 >> that‘s correct. >> I also think given time, I Don‘t know that we need to walk 5751 03:11:28,549 --> 03:11:29,716 >> I also think given time, I Don‘t know that we need to walk Through another one. 5752 03:11:29,716 --> 03:11:29,950 don‘t know that we need to walk Through another one. Okay. 5753 03:11:29,950 --> 03:11:32,419 through another one. Okay. Because I mean, I sort of get. 5754 03:11:32,419 --> 03:11:32,887 okay. Because I mean, I sort of get. >> yeah. 5755 03:11:32,887 --> 03:11:33,087 because I mean, I sort of get. >> yeah. >> we. 5756 03:11:33,087 --> 03:11:34,455 >> yeah. >> we. >> got the form constructed it. 5757 03:11:34,455 --> 03:11:35,056 >> we. >> got the form constructed it. Yeah. 5758 03:11:35,056 --> 03:11:35,790 >> got the form constructed it. Yeah. >> yeah, yeah. 5759 03:11:35,790 --> 03:11:36,023 yeah. >> yeah, yeah. Perfect. 5760 03:11:36,023 --> 03:11:37,757 >> yeah, yeah. Perfect. But I‘m glad you were here to do 5761 03:11:37,757 --> 03:11:37,959 perfect. But I‘m glad you were here to do That. 5762 03:11:37,959 --> 03:11:39,392 but I‘m glad you were here to do That. >> yeah, exactly. 5763 03:11:39,392 --> 03:11:39,659 that. >> yeah, exactly. That was. 5764 03:11:39,659 --> 03:11:40,394 >> yeah, exactly. That was. >> very expert. 5765 03:11:40,394 --> 03:11:40,628 that was. >> very expert. >> yeah. 5766 03:11:40,628 --> 03:11:41,061 >> very expert. >> yeah. >> thank you. 5767 03:11:41,061 --> 03:11:42,128 >> yeah. >> thank you. >> thank you. 5768 03:11:42,128 --> 03:11:44,165 >> thank you. >> thank you. And I have a meeting at. 5769 03:11:44,165 --> 03:11:44,432 >> thank you. And I have a meeting at. [laughter] 5770 03:11:44,432 --> 03:11:44,598 and I have a meeting at. [laughter] 530. 5771 03:11:44,598 --> 03:11:44,831 [laughter] 530. >> okay? 5772 03:11:44,831 --> 03:11:45,199 530. >> okay? Okay. 5773 03:11:45,199 --> 03:11:45,665 >> okay? Okay. Okay. 5774 03:11:45,665 --> 03:11:48,269 okay. Okay. >> so, you know, framework cdc 5775 03:11:48,269 --> 03:11:50,203 okay. >> so, you know, framework cdc Has been around for 20 going on 5776 03:11:50,203 --> 03:11:50,470 >> so, you know, framework cdc Has been around for 20 going on 24 years. 5777 03:11:50,470 --> 03:11:52,939 has been around for 20 going on 24 years. We incorporated in december 5778 03:11:52,939 --> 03:11:53,139 24 years. We incorporated in december 2004. 5779 03:11:53,139 --> 03:11:55,543 we incorporated in december 2004. We provide you can flip this 5780 03:11:55,543 --> 03:11:57,111 2004. We provide you can flip this Slide for the sake of time. 5781 03:11:57,111 --> 03:12:01,281 we provide you can flip this Slide for the sake of time. Our mission is providing safe, 5782 03:12:01,281 --> 03:12:02,483 slide for the sake of time. Our mission is providing safe, Sustainable, decent, affordable 5783 03:12:02,483 --> 03:12:03,918 our mission is providing safe, Sustainable, decent, affordable Housing through education, 5784 03:12:03,918 --> 03:12:04,818 sustainable, decent, affordable Housing through education, Housing, counseling. 5785 03:12:04,818 --> 03:12:07,421 housing through education, Housing, counseling. Foreclosure prevention, 5786 03:12:07,421 --> 03:12:07,722 housing, counseling. Foreclosure prevention, Counseling. 5787 03:12:07,722 --> 03:12:09,924 foreclosure prevention, Counseling. We‘ve very successful in the 5788 03:12:09,924 --> 03:12:10,658 counseling. We‘ve very successful in the Foreclosure prevention 5789 03:12:10,658 --> 03:12:12,026 we‘ve very successful in the Foreclosure prevention Counseling, working with 5790 03:12:12,026 --> 03:12:13,426 foreclosure prevention Counseling, working with Mortgages, work with their 5791 03:12:13,426 --> 03:12:15,196 counseling, working with Mortgages, work with their Servicers to present a packet to 5792 03:12:15,196 --> 03:12:15,529 mortgages, work with their Servicers to present a packet to Underwriting. 5793 03:12:15,529 --> 03:12:16,997 servicers to present a packet to Underwriting. We know how to put those packets 5794 03:12:16,997 --> 03:12:18,466 underwriting. We know how to put those packets Together that they so that they 5795 03:12:18,466 --> 03:12:20,868 we know how to put those packets Together that they so that they Go straight to underwriting and 5796 03:12:20,868 --> 03:12:23,037 together that they so that they Go straight to underwriting and They are considered for 5797 03:12:23,037 --> 03:12:24,037 go straight to underwriting and They are considered for Restructuring the note through a 5798 03:12:24,037 --> 03:12:26,240 they are considered for Restructuring the note through a Mortgage modification for 5799 03:12:26,240 --> 03:12:27,608 restructuring the note through a Mortgage modification for Sustainability, we‘re able to 5800 03:12:27,608 --> 03:12:30,010 mortgage modification for Sustainability, we‘re able to Move forward with homeowners 5801 03:12:30,010 --> 03:12:32,679 sustainability, we‘re able to Move forward with homeowners With moratoriums and 5802 03:12:32,679 --> 03:12:33,848 move forward with homeowners With moratoriums and Forbearance, plan to give them 5803 03:12:33,848 --> 03:12:35,549 with moratoriums and Forbearance, plan to give them Time to get, you know, earn 5804 03:12:35,549 --> 03:12:36,617 forbearance, plan to give them Time to get, you know, earn Income or whatever the default 5805 03:12:36,617 --> 03:12:36,784 time to get, you know, earn Income or whatever the default Is. 5806 03:12:36,784 --> 03:12:38,719 income or whatever the default Is. So we‘re very successful in that 5807 03:12:38,719 --> 03:12:39,186 is. So we‘re very successful in that Space as well. 5808 03:12:39,186 --> 03:12:42,723 so we‘re very successful in that Space as well. Our program is low to moderate 5809 03:12:42,723 --> 03:12:42,956 space as well. Our program is low to moderate Income. 5810 03:12:42,956 --> 03:12:45,526 our program is low to moderate Income. And so we fit right into the 5811 03:12:45,526 --> 03:12:47,628 income. And so we fit right into the Income demographic for both 5812 03:12:47,628 --> 03:12:47,895 and so we fit right into the Income demographic for both Programs. 5813 03:12:47,895 --> 03:12:49,229 income demographic for both Programs. You can flip the slide please. 5814 03:12:49,229 --> 03:12:49,563 programs. You can flip the slide please. Thank you. 5815 03:12:49,563 --> 03:12:49,931 you can flip the slide please. Thank you. >> so much. 5816 03:12:49,931 --> 03:12:50,698 thank you. >> so much. It‘s great to know about you. 5817 03:12:50,698 --> 03:12:52,233 >> so much. It‘s great to know about you. Are we referring people to you 5818 03:12:52,233 --> 03:12:54,568 it‘s great to know about you. Are we referring people to you Who are who we‘re coming across, 5819 03:12:54,568 --> 03:12:56,202 are we referring people to you Who are who we‘re coming across, Who are in danger of losing 5820 03:12:56,202 --> 03:12:58,773 who are who we‘re coming across, Who are in danger of losing Their homes, bankruptcy or 5821 03:12:58,773 --> 03:12:59,674 who are in danger of losing Their homes, bankruptcy or Foreclosure or whatever. 5822 03:12:59,674 --> 03:13:01,208 their homes, bankruptcy or Foreclosure or whatever. >> clients should be coming to 5823 03:13:01,208 --> 03:13:04,145 foreclosure or whatever. >> clients should be coming to Us for those services because we 5824 03:13:04,145 --> 03:13:05,946 >> clients should be coming to Us for those services because we Were told, we were told many, 5825 03:13:05,946 --> 03:13:07,915 us for those services because we Were told, we were told many, Many years by servicers that we 5826 03:13:07,915 --> 03:13:09,517 were told, we were told many, Many years by servicers that we Pretty much underwrite the loan. 5827 03:13:09,517 --> 03:13:11,084 many years by servicers that we Pretty much underwrite the loan. So when the loan gets to loss 5828 03:13:11,084 --> 03:13:12,118 pretty much underwrite the loan. So when the loan gets to loss Mitigation, it is passed and 5829 03:13:12,118 --> 03:13:13,087 so when the loan gets to loss Mitigation, it is passed and It‘s reviewed. 5830 03:13:13,087 --> 03:13:14,754 mitigation, it is passed and It‘s reviewed. Our packets go straight to 5831 03:13:14,754 --> 03:13:15,088 it‘s reviewed. Our packets go straight to Underwriting. 5832 03:13:15,088 --> 03:13:15,289 our packets go straight to Underwriting. Yeah. 5833 03:13:15,289 --> 03:13:17,791 underwriting. Yeah. So and that‘s because of the 5834 03:13:17,791 --> 03:13:18,625 yeah. So and that‘s because of the Strength of knowledge we have on 5835 03:13:18,625 --> 03:13:21,429 so and that‘s because of the Strength of knowledge we have on The front end. 5836 03:13:21,429 --> 03:13:26,433 strength of knowledge we have on The front end. We also have see what‘s there. 5837 03:13:26,433 --> 03:13:26,634 the front end. We also have see what‘s there. Okay. 5838 03:13:26,634 --> 03:13:29,070 we also have see what‘s there. Okay. So we do have a small rental 5839 03:13:29,070 --> 03:13:29,337 okay. So we do have a small rental Portfolio. 5840 03:13:29,337 --> 03:13:30,871 so we do have a small rental Portfolio. We purchased. 5841 03:13:30,871 --> 03:13:32,807 portfolio. We purchased. So we are a non profit real 5842 03:13:32,807 --> 03:13:33,975 we purchased. So we are a non profit real Estate corporation as well. 5843 03:13:33,975 --> 03:13:35,709 so we are a non profit real Estate corporation as well. And so we became a real estate 5844 03:13:35,709 --> 03:13:37,044 estate corporation as well. And so we became a real estate Corporation because in times of 5845 03:13:37,044 --> 03:13:39,313 and so we became a real estate Corporation because in times of Recession, when property values 5846 03:13:39,313 --> 03:13:41,247 corporation because in times of Recession, when property values Plummet, such as what happened 5847 03:13:41,247 --> 03:13:42,415 recession, when property values Plummet, such as what happened During the mortgage crisis in 5848 03:13:42,415 --> 03:13:44,784 plummet, such as what happened During the mortgage crisis in 2008, which led to the recession 5849 03:13:44,784 --> 03:13:46,387 during the mortgage crisis in 2008, which led to the recession Beuse of high financial 5850 03:13:46,387 --> 03:13:47,787 2008, which led to the recession Beuse of high financial Deregulation, we wanted to go 5851 03:13:47,787 --> 03:13:49,256 beuse of high financial Deregulation, we wanted to go Into communities within central 5852 03:13:49,256 --> 03:13:51,091 deregulation, we wanted to go Into communities within central Texas and start acquiring single 5853 03:13:51,091 --> 03:13:53,861 into communities within central Texas and start acquiring single Family condominiums from banking 5854 03:13:53,861 --> 03:13:55,395 texas and start acquiring single Family condominiums from banking Institutions at low prices. 5855 03:13:55,395 --> 03:13:56,864 family condominiums from banking Institutions at low prices. These are clients that did not 5856 03:13:56,864 --> 03:13:58,264 institutions at low prices. These are clients that did not Know about our agency. 5857 03:13:58,264 --> 03:13:59,500 these are clients that did not Know about our agency. We wanted to prevent these 5858 03:13:59,500 --> 03:14:00,735 know about our agency. We wanted to prevent these Neighborhoods from becoming 5859 03:14:00,735 --> 03:14:01,736 we wanted to prevent these Neighborhoods from becoming Investor neighborhoods, and 5860 03:14:01,736 --> 03:14:03,169 neighborhoods from becoming Investor neighborhoods, and These neighborhoods being 5861 03:14:03,169 --> 03:14:04,772 investor neighborhoods, and These neighborhoods being Converted to rental communities, 5862 03:14:04,772 --> 03:14:06,807 these neighborhoods being Converted to rental communities, As opposed to homeownership 5863 03:14:06,807 --> 03:14:07,108 converted to rental communities, As opposed to homeownership Communities. 5864 03:14:07,108 --> 03:14:10,210 as opposed to homeownership Communities. We wanted to avoid vandalism and 5865 03:14:10,210 --> 03:14:12,647 communities. We wanted to avoid vandalism and Also help to keep some equity in 5866 03:14:12,647 --> 03:14:14,247 we wanted to avoid vandalism and Also help to keep some equity in The homes of those homeowners 5867 03:14:14,247 --> 03:14:15,483 also help to keep some equity in The homes of those homeowners Who still own their homes. 5868 03:14:15,483 --> 03:14:19,120 the homes of those homeowners Who still own their homes. And so we during that time, we 5869 03:14:19,120 --> 03:14:20,754 who still own their homes. And so we during that time, we Collaborated with several 5870 03:14:20,754 --> 03:14:23,156 and so we during that time, we Collaborated with several Financiers to to provide lines 5871 03:14:23,156 --> 03:14:25,593 collaborated with several Financiers to to provide lines Of credit with private 5872 03:14:25,593 --> 03:14:27,161 financiers to to provide lines Of credit with private Financing, banking institutions, 5873 03:14:27,161 --> 03:14:28,595 of credit with private Financing, banking institutions, Etc. And we negotiated with 5874 03:14:28,595 --> 03:14:29,864 financing, banking institutions, Etc. And we negotiated with These banking institutions to 5875 03:14:29,864 --> 03:14:31,631 etc. And we negotiated with These banking institutions to Either receive properties as 5876 03:14:31,631 --> 03:14:33,668 these banking institutions to Either receive properties as Donations or buy them pennies on 5877 03:14:33,668 --> 03:14:35,101 either receive properties as Donations or buy them pennies on The dollar we negotiated. 5878 03:14:35,101 --> 03:14:37,537 donations or buy them pennies on The dollar we negotiated. So we were buying properties 5879 03:14:37,537 --> 03:14:40,608 the dollar we negotiated. So we were buying properties $40,000, $60,000, condos at 5880 03:14:40,608 --> 03:14:42,610 so we were buying properties $40,000, $60,000, condos at $12,000, $25,000. 5881 03:14:42,610 --> 03:14:43,878 $40,000, $60,000, condos at $12,000, $25,000. And we renovated those 5882 03:14:43,878 --> 03:14:44,178 $12,000, $25,000. And we renovated those Properties. 5883 03:14:44,178 --> 03:14:44,844 and we renovated those Properties. >> like a. 5884 03:14:44,844 --> 03:14:45,111 properties. >> like a. [laughter] 5885 03:14:45,111 --> 03:14:45,378 >> like a. [laughter] Superhero. 5886 03:14:45,378 --> 03:14:48,682 [laughter] Superhero. >> and we sold those properties 5887 03:14:48,682 --> 03:14:49,649 superhero. >> and we sold those properties We didn‘t have to list, although 5888 03:14:49,649 --> 03:14:50,985 >> and we sold those properties We didn‘t have to list, although We could have listed those 5889 03:14:50,985 --> 03:14:51,752 we didn‘t have to list, although We could have listed those Properties, we knew we were 5890 03:14:51,752 --> 03:14:52,919 we could have listed those Properties, we knew we were Going to sell those properties 5891 03:14:52,919 --> 03:14:53,253 properties, we knew we were Going to sell those properties On the market. 5892 03:14:53,253 --> 03:14:54,922 going to sell those properties On the market. So we kept them off the mls, not 5893 03:14:54,922 --> 03:14:56,456 on the market. So we kept them off the mls, not To misconstrue the cops. 5894 03:14:56,456 --> 03:14:58,825 so we kept them off the mls, not To misconstrue the cops. And we went to our database of 5895 03:14:58,825 --> 03:15:00,493 to misconstrue the cops. And we went to our database of Clients that graduated from our 5896 03:15:00,493 --> 03:15:01,796 and we went to our database of Clients that graduated from our Program, but they couldn‘t 5897 03:15:01,796 --> 03:15:06,000 clients that graduated from our Program, but they couldn‘t Afford during a high economic, 5898 03:15:06,000 --> 03:15:10,938 program, but they couldn‘t Afford during a high economic, High level economic industry or 5899 03:15:10,938 --> 03:15:14,040 afford during a high economic, High level economic industry or And we actually sent out a 5900 03:15:14,040 --> 03:15:15,308 high level economic industry or And we actually sent out a Solicitation of our properties. 5901 03:15:15,308 --> 03:15:17,378 and we actually sent out a Solicitation of our properties. And we got a boatload of clients 5902 03:15:17,378 --> 03:15:17,945 solicitation of our properties. And we got a boatload of clients That graduated. 5903 03:15:17,945 --> 03:15:20,213 and we got a boatload of clients That graduated. They came back, they retook the 5904 03:15:20,213 --> 03:15:21,148 that graduated. They came back, they retook the Class in counseling. 5905 03:15:21,148 --> 03:15:25,986 they came back, they retook the Class in counseling. We offered closing costs of 5 to 5906 03:15:25,986 --> 03:15:26,186 class in counseling. We offered closing costs of 5 to $8000. 5907 03:15:26,186 --> 03:15:27,388 we offered closing costs of 5 to $8000. We paid their owner title 5908 03:15:27,388 --> 03:15:28,189 $8000. We paid their owner title Insurance policy. 5909 03:15:28,189 --> 03:15:31,091 we paid their owner title Insurance policy. We provided them with a home 5910 03:15:31,091 --> 03:15:32,926 insurance policy. We provided them with a home Warranty, and we sold the 5911 03:15:32,926 --> 03:15:35,095 we provided them with a home Warranty, and we sold the Property 5000 below what we 5912 03:15:35,095 --> 03:15:36,297 warranty, and we sold the Property 5000 below what we Could have listed it for so that 5913 03:15:36,297 --> 03:15:37,631 property 5000 below what we Could have listed it for so that They were buying a home with 5914 03:15:37,631 --> 03:15:38,733 could have listed it for so that They were buying a home with Equity. 5915 03:15:38,733 --> 03:15:41,835 they were buying a home with Equity. And, and then we actually did a, 5916 03:15:41,835 --> 03:15:45,105 equity. And, and then we actually did a, An assessment of what the 5917 03:15:45,105 --> 03:15:46,706 and, and then we actually did a, An assessment of what the Retention rate of those clients. 5918 03:15:46,706 --> 03:15:49,543 an assessment of what the Retention rate of those clients. And just to give you an example, 5919 03:15:49,543 --> 03:15:50,644 retention rate of those clients. And just to give you an example, We didn‘t we didn‘t provide 5920 03:15:50,644 --> 03:15:50,844 and just to give you an example, We didn‘t we didn‘t provide This. 5921 03:15:50,844 --> 03:15:55,115 we didn‘t we didn‘t provide This. But for example, in 2011, we 5922 03:15:55,115 --> 03:15:57,183 this. But for example, in 2011, we Sold a property to one of these 5923 03:15:57,183 --> 03:15:59,186 but for example, in 2011, we Sold a property to one of these Buyers at 131,000. 5924 03:15:59,186 --> 03:16:02,256 sold a property to one of these Buyers at 131,000. They still own the home, and the 5925 03:16:02,256 --> 03:16:04,892 buyers at 131,000. They still own the home, and the Home is worth $358,000. 5926 03:16:04,892 --> 03:16:05,125 they still own the home, and the Home is worth $358,000. >> wow. 5927 03:16:05,125 --> 03:16:06,127 home is worth $358,000. >> wow. Fabulous. 5928 03:16:06,127 --> 03:16:08,361 >> wow. Fabulous. >> this is this is the way that 5929 03:16:08,361 --> 03:16:10,898 fabulous. >> this is this is the way that We wanted to create legacy. 5930 03:16:10,898 --> 03:16:13,834 >> this is this is the way that We wanted to create legacy. And we wanted to create the 5931 03:16:13,834 --> 03:16:16,137 we wanted to create legacy. And we wanted to create the Opportunity for this to be an 5932 03:16:16,137 --> 03:16:18,104 and we wanted to create the Opportunity for this to be an Asset that can be transferred, 5933 03:16:18,104 --> 03:16:19,607 opportunity for this to be an Asset that can be transferred, Transferred from generation to 5934 03:16:19,607 --> 03:16:19,906 asset that can be transferred, Transferred from generation to Generation. 5935 03:16:19,906 --> 03:16:21,841 transferred from generation to Generation. We had a client that bought a 5936 03:16:21,841 --> 03:16:23,243 generation. We had a client that bought a Home in 2000, one of our homes 5937 03:16:23,243 --> 03:16:24,344 we had a client that bought a Home in 2000, one of our homes In 2013. 5938 03:16:24,344 --> 03:16:26,914 home in 2000, one of our homes In 2013. These homes were were purchased 5939 03:16:26,914 --> 03:16:27,280 in 2013. These homes were were purchased In austin. 5940 03:16:27,280 --> 03:16:30,084 these homes were were purchased In austin. So we bought homes in austin, 5941 03:16:30,084 --> 03:16:33,854 in austin. So we bought homes in austin, Bastrop del valley, and 5942 03:16:33,854 --> 03:16:37,425 so we bought homes in austin, Bastrop del valley, and Pflugerville, round rock and and 5943 03:16:37,425 --> 03:16:37,625 bastrop del valley, and Pflugerville, round rock and and Buda. 5944 03:16:37,625 --> 03:16:40,561 pflugerville, round rock and and Buda. So we focused on central texas. 5945 03:16:40,561 --> 03:16:42,196 buda. So we focused on central texas. We had a client that purchased a 5946 03:16:42,196 --> 03:16:45,800 so we focused on central texas. We had a client that purchased a Home in 20 13, $95,000. 5947 03:16:45,800 --> 03:16:48,902 we had a client that purchased a Home in 20 13, $95,000. When they sold the property in 5948 03:16:48,902 --> 03:16:52,573 home in 20 13, $95,000. When they sold the property in 2017, they sold it for 289,905. 5949 03:16:52,573 --> 03:16:57,411 when they sold the property in 2017, they sold it for 289,905. So and this is this was just a 5950 03:16:57,411 --> 03:16:59,580 2017, they sold it for 289,905. So and this is this was just a Sampling out of the sampling of 5951 03:16:59,580 --> 03:17:00,114 so and this is this was just a Sampling out of the sampling of 38 homes. 5952 03:17:00,114 --> 03:17:02,115 sampling out of the sampling of 38 homes. We did a sampling of half and 5953 03:17:02,115 --> 03:17:03,617 38 homes. We did a sampling of half and More than half of these 5954 03:17:03,617 --> 03:17:05,652 we did a sampling of half and More than half of these Homeowners who bought between 5955 03:17:05,652 --> 03:17:07,854 more than half of these Homeowners who bought between 2011, 2012, 2013. 5956 03:17:07,854 --> 03:17:09,622 homeowners who bought between 2011, 2012, 2013. They still own their homes. 5957 03:17:09,622 --> 03:17:12,760 2011, 2012, 2013. They still own their homes. So that‘s a that‘s a very strong 5958 03:17:12,760 --> 03:17:13,027 they still own their homes. So that‘s a that‘s a very strong Statistic. 5959 03:17:13,027 --> 03:17:15,595 so that‘s a that‘s a very strong Statistic. And then without going over 5960 03:17:15,595 --> 03:17:18,432 statistic. And then without going over This, this is from hud, which 5961 03:17:18,432 --> 03:17:19,933 and then without going over This, this is from hud, which Conveys if a client goes through 5962 03:17:19,933 --> 03:17:21,034 this, this is from hud, which Conveys if a client goes through Homebuyer education, housing, 5963 03:17:21,034 --> 03:17:23,104 conveys if a client goes through Homebuyer education, housing, Counseling, you know, they end 5964 03:17:23,104 --> 03:17:24,905 homebuyer education, housing, Counseling, you know, they end Up, you know, managing the 5965 03:17:24,905 --> 03:17:26,406 counseling, you know, they end Up, you know, managing the Property, they are better 5966 03:17:26,406 --> 03:17:26,639 up, you know, managing the Property, they are better Savers. 5967 03:17:26,639 --> 03:17:29,844 property, they are better Savers. They understand the dynamics of 5968 03:17:29,844 --> 03:17:31,512 savers. They understand the dynamics of Keeping their home because the 5969 03:17:31,512 --> 03:17:32,780 they understand the dynamics of Keeping their home because the Counseling allowed them to learn 5970 03:17:32,780 --> 03:17:33,614 keeping their home because the Counseling allowed them to learn The discipline. 5971 03:17:33,614 --> 03:17:34,915 counseling allowed them to learn The discipline. With financial management, we 5972 03:17:34,915 --> 03:17:37,084 the discipline. With financial management, we Talk about various investment 5973 03:17:37,084 --> 03:17:38,351 with financial management, we Talk about various investment Products that they should 5974 03:17:38,351 --> 03:17:40,121 talk about various investment Products that they should Consider increasing the value of 5975 03:17:40,121 --> 03:17:43,023 products that they should Consider increasing the value of Their assets, their savings, and 5976 03:17:43,023 --> 03:17:44,658 consider increasing the value of Their assets, their savings, and Other products that they could 5977 03:17:44,658 --> 03:17:47,428 their assets, their savings, and Other products that they could Consider, and creating a savings 5978 03:17:47,428 --> 03:17:48,262 other products that they could Consider, and creating a savings For emergencies. 5979 03:17:48,262 --> 03:17:50,131 consider, and creating a savings For emergencies. So they go out with that 5980 03:17:50,131 --> 03:17:50,463 for emergencies. So they go out with that Understanding. 5981 03:17:50,463 --> 03:17:51,932 so they go out with that Understanding. And that‘s why we have the 5982 03:17:51,932 --> 03:17:53,466 understanding. And that‘s why we have the Outcomes with the buyers that we 5983 03:17:53,466 --> 03:17:55,870 and that‘s why we have the Outcomes with the buyers that we Had from our acquisition of 5984 03:17:55,870 --> 03:17:56,837 outcomes with the buyers that we Had from our acquisition of Rehabilitation program. 5985 03:17:56,837 --> 03:17:58,506 had from our acquisition of Rehabilitation program. So without further ado. 5986 03:17:58,506 --> 03:17:59,306 rehabilitation program. So without further ado. >> you have programs like this 5987 03:17:59,306 --> 03:18:00,908 so without further ado. >> you have programs like this For young people who believe 5988 03:18:00,908 --> 03:18:02,276 >> you have programs like this For young people who believe That they could never own a home 5989 03:18:02,276 --> 03:18:03,144 for young people who believe That they could never own a home Because they don‘t think they 5990 03:18:03,144 --> 03:18:03,911 that they could never own a home Because they don‘t think they Earn enough money. 5991 03:18:03,911 --> 03:18:04,210 because they don‘t think they Earn enough money. >> yeah. 5992 03:18:04,210 --> 03:18:05,979 earn enough money. >> yeah. >> I mean, we contact you and. 5993 03:18:05,979 --> 03:18:07,982 >> yeah. >> I mean, we contact you and. >> we literally, I mean, our 5994 03:18:07,982 --> 03:18:09,149 >> I mean, we contact you and. >> we literally, I mean, our Clients, they couldn‘t believe 5995 03:18:09,149 --> 03:18:11,351 >> we literally, I mean, our Clients, they couldn‘t believe That this opportunity had had 5996 03:18:11,351 --> 03:18:12,852 clients, they couldn‘t believe That this opportunity had had Because unfortunately, a 5997 03:18:12,852 --> 03:18:14,989 that this opportunity had had Because unfortunately, a Recession is damaging to some, 5998 03:18:14,989 --> 03:18:16,256 because unfortunately, a Recession is damaging to some, But it becomes an opportunity 5999 03:18:16,256 --> 03:18:17,358 recession is damaging to some, But it becomes an opportunity For others, right? 6000 03:18:17,358 --> 03:18:18,459 but it becomes an opportunity For others, right? I mean, it just, you know, it 6001 03:18:18,459 --> 03:18:19,827 for others, right? I mean, it just, you know, it Kind of balances the scales. 6002 03:18:19,827 --> 03:18:20,960 I mean, it just, you know, it Kind of balances the scales. So the folks that are sitting on 6003 03:18:20,960 --> 03:18:21,929 kind of balances the scales. So the folks that are sitting on The sideline, they now get to 6004 03:18:21,929 --> 03:18:23,631 so the folks that are sitting on The sideline, they now get to Come to the forefront and 6005 03:18:23,631 --> 03:18:24,932 the sideline, they now get to Come to the forefront and Realize the american dream. 6006 03:18:24,932 --> 03:18:26,567 come to the forefront and Realize the american dream. And we want to make sure that 6007 03:18:26,567 --> 03:18:27,834 realize the american dream. And we want to make sure that They understand that it‘s not 6008 03:18:27,834 --> 03:18:30,838 and we want to make sure that They understand that it‘s not Just attaining, but it‘s 6009 03:18:30,838 --> 03:18:31,838 they understand that it‘s not Just attaining, but it‘s Sustainability, because this is 6010 03:18:31,838 --> 03:18:33,374 just attaining, but it‘s Sustainability, because this is Your wealth, this is your asset 6011 03:18:33,374 --> 03:18:34,475 sustainability, because this is Your wealth, this is your asset And this is your legacy. 6012 03:18:34,475 --> 03:18:36,277 your wealth, this is your asset And this is your legacy. So that‘s our that‘s our theory. 6013 03:18:36,277 --> 03:18:36,544 and this is your legacy. So that‘s our that‘s our theory. >> thanks. 6014 03:18:36,544 --> 03:18:38,044 so that‘s our that‘s our theory. >> thanks. >> so without further ado, I‘ll. 6015 03:18:38,044 --> 03:18:38,546 >> thanks. >> so without further ado, I‘ll. >> turn it back over to. 6016 03:18:38,546 --> 03:18:38,878 >> so without further ado, I‘ll. >> turn it back over to. >> excellent. 6017 03:18:38,878 --> 03:18:39,914 >> turn it back over to. >> excellent. >> and thank you. 6018 03:18:39,914 --> 03:18:40,881 >> excellent. >> and thank you. I‘ll pass the. 6019 03:18:40,881 --> 03:18:41,182 >> and thank you. I‘ll pass the. Thank you. 6020 03:18:41,182 --> 03:18:42,716 I‘ll pass the. Thank you. Pass it on to to brenda. 6021 03:18:42,716 --> 03:18:43,683 thank you. Pass it on to to brenda. Thank you joyce. 6022 03:18:43,683 --> 03:18:44,118 pass it on to to brenda. Thank you joyce. >> thank you. 6023 03:18:44,118 --> 03:18:46,020 thank you joyce. >> thank you. Good afternoon commissioners. 6024 03:18:46,020 --> 03:18:47,854 >> thank you. Good afternoon commissioners. I will give a brief overview on 6025 03:18:47,854 --> 03:18:49,924 good afternoon commissioners. I will give a brief overview on The family self-sufficiency 6026 03:18:49,924 --> 03:18:50,424 I will give a brief overview on The family self-sufficiency Program at hatzi. 6027 03:18:50,424 --> 03:18:53,493 the family self-sufficiency Program at hatzi. It is a voluntary program. 6028 03:18:53,493 --> 03:18:55,563 program at hatzi. It is a voluntary program. It‘s a five year commitment. 6029 03:18:55,563 --> 03:18:58,232 it is a voluntary program. It‘s a five year commitment. And the families have to set 6030 03:18:58,232 --> 03:18:59,699 it‘s a five year commitment. And the families have to set Goals with an itsp. 6031 03:18:59,699 --> 03:19:01,168 and the families have to set Goals with an itsp. And that‘s an individual 6032 03:19:01,168 --> 03:19:02,702 goals with an itsp. And that‘s an individual Training and services plan. 6033 03:19:02,702 --> 03:19:06,105 and that‘s an individual Training and services plan. So some of the support that the 6034 03:19:06,105 --> 03:19:07,574 training and services plan. So some of the support that the Participants receive, it‘s 6035 03:19:07,574 --> 03:19:09,009 so some of the support that the Participants receive, it‘s Related to their goals, which 6036 03:19:09,009 --> 03:19:11,277 participants receive, it‘s Related to their goals, which Could be employment, education 6037 03:19:11,277 --> 03:19:13,047 related to their goals, which Could be employment, education And training, financial 6038 03:19:13,047 --> 03:19:14,881 could be employment, education And training, financial Resources and childcare 6039 03:19:14,881 --> 03:19:15,182 and training, financial Resources and childcare Assistance. 6040 03:19:15,182 --> 03:19:16,750 resources and childcare Assistance. Those are just some of the few. 6041 03:19:16,750 --> 03:19:18,986 assistance. Those are just some of the few. The way the program works, once 6042 03:19:18,986 --> 03:19:21,789 those are just some of the few. The way the program works, once The participant enrolls into the 6043 03:19:21,789 --> 03:19:23,656 the way the program works, once The participant enrolls into the Family self-sufficiency program, 6044 03:19:23,656 --> 03:19:25,392 the participant enrolls into the Family self-sufficiency program, Whatever their income is during 6045 03:19:25,392 --> 03:19:26,726 family self-sufficiency program, Whatever their income is during That time, that‘s going to be 6046 03:19:26,726 --> 03:19:27,628 whatever their income is during That time, that‘s going to be Their baseline. 6047 03:19:27,628 --> 03:19:30,631 that time, that‘s going to be Their baseline. And as their income grows due to 6048 03:19:30,631 --> 03:19:32,165 their baseline. And as their income grows due to Employment, they can potentially 6049 03:19:32,165 --> 03:19:33,367 and as their income grows due to Employment, they can potentially Earn an escrow credit. 6050 03:19:33,367 --> 03:19:36,003 employment, they can potentially Earn an escrow credit. So then the participants can 6051 03:19:36,003 --> 03:19:37,537 earn an escrow credit. So then the participants can Have, you know, a really good 6052 03:19:37,537 --> 03:19:39,273 so then the participants can Have, you know, a really good Amount of savings after their 6053 03:19:39,273 --> 03:19:40,507 have, you know, a really good Amount of savings after their Five year contract. 6054 03:19:40,507 --> 03:19:43,277 amount of savings after their Five year contract. And often they use that savings 6055 03:19:43,277 --> 03:19:45,179 five year contract. And often they use that savings To pursue homeownership. 6056 03:19:45,179 --> 03:19:47,247 and often they use that savings To pursue homeownership. Next slide please. 6057 03:19:47,247 --> 03:19:50,084 to pursue homeownership. Next slide please. The family self-sufficiency 6058 03:19:50,084 --> 03:19:50,683 next slide please. The family self-sufficiency Program at hatzi. 6059 03:19:50,683 --> 03:19:51,818 the family self-sufficiency Program at hatzi. It‘s quite new. 6060 03:19:51,818 --> 03:19:53,686 program at hatzi. It‘s quite new. It launched last year, april 1st 6061 03:19:53,686 --> 03:19:54,722 it‘s quite new. It launched last year, april 1st Of 2025. 6062 03:19:54,722 --> 03:19:57,023 it launched last year, april 1st Of 2025. And right now we have 30 6063 03:19:57,023 --> 03:19:58,291 of 2025. And right now we have 30 Participants that are currently 6064 03:19:58,291 --> 03:19:59,459 and right now we have 30 Participants that are currently Enrolled and they‘re working on 6065 03:19:59,459 --> 03:19:59,659 participants that are currently Enrolled and they‘re working on Goals. 6066 03:19:59,659 --> 03:20:03,564 enrolled and they‘re working on Goals. A lot of them are pursuing 6067 03:20:03,564 --> 03:20:04,431 goals. A lot of them are pursuing Education, college degrees or 6068 03:20:04,431 --> 03:20:06,233 a lot of them are pursuing Education, college degrees or Starting off with, you know, 6069 03:20:06,233 --> 03:20:07,233 education, college degrees or Starting off with, you know, Obtaining their ged, which is 6070 03:20:07,233 --> 03:20:08,235 starting off with, you know, Obtaining their ged, which is Really important. 6071 03:20:08,235 --> 03:20:11,438 obtaining their ged, which is Really important. Others are already repairing 6072 03:20:11,438 --> 03:20:12,973 really important. Others are already repairing Their credit, and they‘re on the 6073 03:20:12,973 --> 03:20:14,240 others are already repairing Their credit, and they‘re on the Path to homeownership. 6074 03:20:14,240 --> 03:20:16,610 their credit, and they‘re on the Path to homeownership. So I very grateful for this 6075 03:20:16,610 --> 03:20:16,911 path to homeownership. So I very grateful for this Opportunity. 6076 03:20:16,911 --> 03:20:20,480 so I very grateful for this Opportunity. The 11 out of the 30 6077 03:20:20,480 --> 03:20:22,049 opportunity. The 11 out of the 30 Participants are currently 6078 03:20:22,049 --> 03:20:23,149 the 11 out of the 30 Participants are currently Earning escrow, meaning that 6079 03:20:23,149 --> 03:20:24,851 participants are currently Earning escrow, meaning that They have increased their earned 6080 03:20:24,851 --> 03:20:26,352 earning escrow, meaning that They have increased their earned Income due to employment. 6081 03:20:26,352 --> 03:20:28,689 they have increased their earned Income due to employment. And that has been an annual 6082 03:20:28,689 --> 03:20:31,524 income due to employment. And that has been an annual Income increase of about over 6083 03:20:31,524 --> 03:20:31,759 and that has been an annual Income increase of about over $14,000. 6084 03:20:31,759 --> 03:20:35,128 income increase of about over $14,000. And they‘re building financial 6085 03:20:35,128 --> 03:20:36,196 $14,000. And they‘re building financial Stability right now while 6086 03:20:36,196 --> 03:20:37,030 and they‘re building financial Stability right now while They‘re in the program. 6087 03:20:37,030 --> 03:20:38,966 stability right now while They‘re in the program. And they‘ll continue to accrue 6088 03:20:38,966 --> 03:20:43,203 they‘re in the program. And they‘ll continue to accrue Escrow if they continue to raise 6089 03:20:43,203 --> 03:20:44,371 and they‘ll continue to accrue Escrow if they continue to raise Their earned income. 6090 03:20:44,371 --> 03:20:47,074 escrow if they continue to raise Their earned income. Now, I was looking through our 6091 03:20:47,074 --> 03:20:48,608 their earned income. Now, I was looking through our Data, and I‘m happy to report 6092 03:20:48,608 --> 03:20:50,811 now, I was looking through our Data, and I‘m happy to report That 19 of the 30 participants 6093 03:20:50,811 --> 03:20:53,112 data, and I‘m happy to report That 19 of the 30 participants That are currently enrolled are 6094 03:20:53,112 --> 03:20:55,049 that 19 of the 30 participants That are currently enrolled are Interested in pursuing 6095 03:20:55,049 --> 03:20:55,682 that are currently enrolled are Interested in pursuing Homeownership, and that is one 6096 03:20:55,682 --> 03:20:56,784 interested in pursuing Homeownership, and that is one Of their main goals. 6097 03:20:56,784 --> 03:20:59,452 homeownership, and that is one Of their main goals. And also the employment goal. 6098 03:20:59,452 --> 03:21:02,756 of their main goals. And also the employment goal. So they are actively working on 6099 03:21:02,756 --> 03:21:04,191 and also the employment goal. So they are actively working on This homeownership goal by 6100 03:21:04,191 --> 03:21:05,925 so they are actively working on This homeownership goal by Preparing by preparing their 6101 03:21:05,925 --> 03:21:08,929 this homeownership goal by Preparing by preparing their Credit and by building savings 6102 03:21:08,929 --> 03:21:09,729 preparing by preparing their Credit and by building savings And the savings. 6103 03:21:09,729 --> 03:21:11,598 credit and by building savings And the savings. It‘s escrow savings, and it‘s 6104 03:21:11,598 --> 03:21:13,601 and the savings. It‘s escrow savings, and it‘s Their own personal savings. 6105 03:21:13,601 --> 03:21:16,570 it‘s escrow savings, and it‘s Their own personal savings. So then this makes me so happy 6106 03:21:16,570 --> 03:21:18,338 their own personal savings. So then this makes me so happy Because I believe that this 6107 03:21:18,338 --> 03:21:20,406 so then this makes me so happy Because I believe that this Program, it‘s we‘re bridging to 6108 03:21:20,406 --> 03:21:21,175 because I believe that this Program, it‘s we‘re bridging to Homeownership with the down 6109 03:21:21,175 --> 03:21:22,709 program, it‘s we‘re bridging to Homeownership with the down Payment assistance, the escrow 6110 03:21:22,709 --> 03:21:24,144 homeownership with the down Payment assistance, the escrow Savings and the personal 6111 03:21:24,144 --> 03:21:24,378 payment assistance, the escrow Savings and the personal Savings. 6112 03:21:24,378 --> 03:21:27,581 savings and the personal Savings. It reduces the upfront cost 6113 03:21:27,581 --> 03:21:30,084 savings. It reduces the upfront cost Barriers and accelerates the 6114 03:21:30,084 --> 03:21:31,418 it reduces the upfront cost Barriers and accelerates the Path to homeownership. 6115 03:21:31,418 --> 03:21:34,121 barriers and accelerates the Path to homeownership. Thank you so much for your time, 6116 03:21:34,121 --> 03:21:34,455 path to homeownership. Thank you so much for your time, Commissioners. 6117 03:21:34,455 --> 03:21:36,357 thank you so much for your time, Commissioners. >> and this is a 30 participants 6118 03:21:36,357 --> 03:21:37,892 commissioners. >> and this is a 30 participants Who are residents of hatzi 6119 03:21:37,892 --> 03:21:38,358 >> and this is a 30 participants Who are residents of hatzi Housing now. 6120 03:21:38,358 --> 03:21:39,192 who are residents of hatzi Housing now. >> yes, ma‘am. 6121 03:21:39,192 --> 03:21:42,162 housing now. >> yes, ma‘am. >> so 19 of them, 19 of the 30 6122 03:21:42,162 --> 03:21:43,597 >> yes, ma‘am. >> so 19 of them, 19 of the 30 Qualified or expressed an 6123 03:21:43,597 --> 03:21:43,864 >> so 19 of them, 19 of the 30 Qualified or expressed an Interest. 6124 03:21:43,864 --> 03:21:46,600 qualified or expressed an Interest. >> 19 of them have homeownership 6125 03:21:46,600 --> 03:21:48,368 interest. >> 19 of them have homeownership As their goal on their contract 6126 03:21:48,368 --> 03:21:48,702 >> 19 of them have homeownership As their goal on their contract At the moment. 6127 03:21:48,702 --> 03:21:51,371 as their goal on their contract At the moment. And they‘re actively working on 6128 03:21:51,371 --> 03:21:52,473 at the moment. And they‘re actively working on Repairing their credit or 6129 03:21:52,473 --> 03:21:53,807 and they‘re actively working on Repairing their credit or Increasing their earned income, 6130 03:21:53,807 --> 03:21:55,308 repairing their credit or Increasing their earned income, Just getting connected to 6131 03:21:55,308 --> 03:21:58,279 increasing their earned income, Just getting connected to Resources to improve their 6132 03:21:58,279 --> 03:21:58,544 just getting connected to Resources to improve their Situation. 6133 03:21:58,544 --> 03:21:59,179 resources to improve their Situation. >> when you say on their 6134 03:21:59,179 --> 03:22:00,347 situation. >> when you say on their Contract, that‘s their housing 6135 03:22:00,347 --> 03:22:00,614 >> when you say on their Contract, that‘s their housing Contract. 6136 03:22:00,614 --> 03:22:02,850 contract, that‘s their housing Contract. >> it‘s a contract with the 6137 03:22:02,850 --> 03:22:04,652 contract. >> it‘s a contract with the Family self-sufficiency program. 6138 03:22:04,652 --> 03:22:05,551 >> it‘s a contract with the Family self-sufficiency program. >> so they‘re in that program to 6139 03:22:05,551 --> 03:22:07,487 family self-sufficiency program. >> so they‘re in that program to Just improve their financial 6140 03:22:07,487 --> 03:22:07,888 >> so they‘re in that program to Just improve their financial Literacy. 6141 03:22:07,888 --> 03:22:10,290 just improve their financial Literacy. And about more than half have 6142 03:22:10,290 --> 03:22:10,958 literacy. And about more than half have Identified homeownership. 6143 03:22:10,958 --> 03:22:11,125 and about more than half have Identified homeownership. Yes. 6144 03:22:11,125 --> 03:22:11,791 identified homeownership. Yes. That‘s great. 6145 03:22:11,791 --> 03:22:12,959 yes. That‘s great. >> well, that‘s. 6146 03:22:12,959 --> 03:22:15,229 that‘s great. >> well, that‘s. >> it‘s very positive feedback 6147 03:22:15,229 --> 03:22:15,595 >> well, that‘s. >> it‘s very positive feedback From you. 6148 03:22:15,595 --> 03:22:18,232 >> it‘s very positive feedback From you. All this really kind of makes 6149 03:22:18,232 --> 03:22:21,000 from you. All this really kind of makes You change your, your mind about 6150 03:22:21,000 --> 03:22:23,169 all this really kind of makes You change your, your mind about All the bad stories that are 6151 03:22:23,169 --> 03:22:23,804 you change your, your mind about All the bad stories that are Going on. 6152 03:22:23,804 --> 03:22:26,372 all the bad stories that are Going on. And this is very, very, very 6153 03:22:26,372 --> 03:22:26,573 going on. And this is very, very, very Good. 6154 03:22:26,573 --> 03:22:27,574 and this is very, very, very Good. Thank you all so much. 6155 03:22:27,574 --> 03:22:28,208 good. Thank you all so much. >> thank you. 6156 03:22:28,208 --> 03:22:30,577 thank you all so much. >> thank you. So my question is, do you have 6157 03:22:30,577 --> 03:22:34,047 >> thank you. So my question is, do you have To live in hatzi in order to 6158 03:22:34,047 --> 03:22:35,348 so my question is, do you have To live in hatzi in order to Participate in this program? 6159 03:22:35,348 --> 03:22:36,083 to live in hatzi in order to Participate in this program? >> yes, sir. 6160 03:22:36,083 --> 03:22:38,084 participate in this program? >> yes, sir. You do need to be a hatzi 6161 03:22:38,084 --> 03:22:39,953 >> yes, sir. You do need to be a hatzi Resident under the housing 6162 03:22:39,953 --> 03:22:42,256 you do need to be a hatzi Resident under the housing Choice voucher program or the 6163 03:22:42,256 --> 03:22:42,456 resident under the housing Choice voucher program or the Pbra. 6164 03:22:42,456 --> 03:22:44,057 choice voucher program or the Pbra. Those are the folks that live at 6165 03:22:44,057 --> 03:22:45,392 pbra. Those are the folks that live at The hatzi properties. 6166 03:22:45,392 --> 03:22:49,162 those are the folks that live at The hatzi properties. >> so are there any comparable 6167 03:22:49,162 --> 03:22:53,000 the hatzi properties. >> so are there any comparable Programs for folks who are not 6168 03:22:53,000 --> 03:22:53,267 >> so are there any comparable Programs for folks who are not Residents? 6169 03:22:53,267 --> 03:22:54,935 programs for folks who are not Residents? And, and hatzi? 6170 03:22:54,935 --> 03:22:56,936 residents? And, and hatzi? I see a lot of kids coming out 6171 03:22:56,936 --> 03:22:59,506 and, and hatzi? I see a lot of kids coming out Of coming out of college and, 6172 03:22:59,506 --> 03:23:03,110 I see a lot of kids coming out Of coming out of college and, You know, and have not been 6173 03:23:03,110 --> 03:23:04,745 of coming out of college and, You know, and have not been Trained, have not been taught. 6174 03:23:04,745 --> 03:23:06,580 you know, and have not been Trained, have not been taught. But you know what the ratios 6175 03:23:06,580 --> 03:23:07,982 trained, have not been taught. But you know what the ratios Look like, what you need to do, 6176 03:23:07,982 --> 03:23:09,249 but you know what the ratios Look like, what you need to do, How you prere. 6177 03:23:09,249 --> 03:23:11,452 look like, what you need to do, How you prere. I mean, I would be interested in 6178 03:23:11,452 --> 03:23:12,986 how you prere. I mean, I would be interested in Seeing some of our school to 6179 03:23:12,986 --> 03:23:17,191 I mean, I would be interested in Seeing some of our school to Work folks who, you know, I, if 6180 03:23:17,191 --> 03:23:19,726 seeing some of our school to Work folks who, you know, I, if I qualify to get an entry level 6181 03:23:19,726 --> 03:23:22,895 work folks who, you know, I, if I qualify to get an entry level Job at samsung or tesla or what 6182 03:23:22,895 --> 03:23:25,098 I qualify to get an entry level Job at samsung or tesla or what Is available to me, if that 6183 03:23:25,098 --> 03:23:25,331 job at samsung or tesla or what Is available to me, if that Happens. 6184 03:23:25,331 --> 03:23:29,202 is available to me, if that Happens. So I‘m just interested in. 6185 03:23:29,202 --> 03:23:30,638 happens. So I‘m just interested in. >> we do have that commissioner. 6186 03:23:30,638 --> 03:23:32,239 so I‘m just interested in. >> we do have that commissioner. I can actually talk about that 6187 03:23:32,239 --> 03:23:33,406 >> we do have that commissioner. I can actually talk about that After I get to this slide, if 6188 03:23:33,406 --> 03:23:34,273 I can actually talk about that After I get to this slide, if That‘s okay. 6189 03:23:34,273 --> 03:23:34,475 after I get to this slide, if That‘s okay. Okay. 6190 03:23:34,475 --> 03:23:34,675 that‘s okay. Okay. Sure. 6191 03:23:34,675 --> 03:23:34,942 okay. Sure. Okay. 6192 03:23:34,942 --> 03:23:36,110 sure. Okay. So I‘m not going to talk about 6193 03:23:36,110 --> 03:23:38,145 okay. So I‘m not going to talk about The program because I know we 6194 03:23:38,145 --> 03:23:39,679 so I‘m not going to talk about The program because I know we Are we are really pressed for 6195 03:23:39,679 --> 03:23:39,879 the program because I know we Are we are really pressed for Time. 6196 03:23:39,879 --> 03:23:43,317 are we are really pressed for Time. Just know that we have about 6197 03:23:43,317 --> 03:23:46,419 time. Just know that we have about $147,000 right now that we have 6198 03:23:46,419 --> 03:23:48,689 just know that we have about $147,000 right now that we have Available to provide to chodos. 6199 03:23:48,689 --> 03:23:50,256 $147,000 right now that we have Available to provide to chodos. We‘re going to stand this 6200 03:23:50,256 --> 03:23:52,392 available to provide to chodos. We‘re going to stand this Component of the home program up 6201 03:23:52,392 --> 03:23:54,227 we‘re going to stand this Component of the home program up After we stand up the dpa. 6202 03:23:54,227 --> 03:23:55,796 component of the home program up After we stand up the dpa. So it‘s coming in the fall. 6203 03:23:55,796 --> 03:23:56,530 after we stand up the dpa. So it‘s coming in the fall. Next slide. 6204 03:23:56,530 --> 03:24:01,969 so it‘s coming in the fall. Next slide. So to your point, commissioner 6205 03:24:01,969 --> 03:24:04,871 next slide. So to your point, commissioner Travillion, we provided on slide 6206 03:24:04,871 --> 03:24:07,206 so to your point, commissioner Travillion, we provided on slide 31 for you all some scenarios. 6207 03:24:07,206 --> 03:24:12,012 travillion, we provided on slide 31 for you all some scenarios. Brenda‘s program is specific to 6208 03:24:12,012 --> 03:24:13,746 31 for you all some scenarios. Brenda‘s program is specific to Clients that are in the fss 6209 03:24:13,746 --> 03:24:15,316 brenda‘s program is specific to Clients that are in the fss Program that are seeking 6210 03:24:15,316 --> 03:24:15,648 clients that are in the fss Program that are seeking Homeownership. 6211 03:24:15,648 --> 03:24:17,750 program that are seeking Homeownership. But the first column that says 6212 03:24:17,750 --> 03:24:20,688 homeownership. But the first column that says Client origination is for anyone 6213 03:24:20,688 --> 03:24:21,854 but the first column that says Client origination is for anyone Seeking homeowrship. 6214 03:24:21,854 --> 03:24:23,756 client origination is for anyone Seeking homeowrship. So I‘m not going to read all of 6215 03:24:23,756 --> 03:24:25,558 seeking homeowrship. So I‘m not going to read all of This, but the goal of these 6216 03:24:25,558 --> 03:24:27,760 so I‘m not going to read all of This, but the goal of these Scenarios is so anyone can 6217 03:24:27,760 --> 03:24:29,496 this, but the goal of these Scenarios is so anyone can Understand when we launch the 6218 03:24:29,496 --> 03:24:31,297 scenarios is so anyone can Understand when we launch the Program, how the program is 6219 03:24:31,297 --> 03:24:32,398 understand when we launch the Program, how the program is Intended to operate. 6220 03:24:32,398 --> 03:24:34,567 program, how the program is Intended to operate. If you are a client and you call 6221 03:24:34,567 --> 03:24:36,637 intended to operate. If you are a client and you call Anybody at this table or you go 6222 03:24:36,637 --> 03:24:38,772 if you are a client and you call Anybody at this table or you go To your lender, whomever, the 6223 03:24:38,772 --> 03:24:40,941 anybody at this table or you go To your lender, whomever, the Goal is that you first submit 6224 03:24:40,941 --> 03:24:42,843 to your lender, whomever, the Goal is that you first submit The down payment assistance 6225 03:24:42,843 --> 03:24:43,243 goal is that you first submit The down payment assistance Interest form. 6226 03:24:43,243 --> 03:24:44,745 the down payment assistance Interest form. We‘re going to give you the 6227 03:24:44,745 --> 03:24:46,246 interest form. We‘re going to give you the Flier, and then you have to go 6228 03:24:46,246 --> 03:24:48,781 we‘re going to give you the Flier, and then you have to go To framework cdc to meet the 6229 03:24:48,781 --> 03:24:50,183 flier, and then you have to go To framework cdc to meet the Prerequisites, homebuyer 6230 03:24:50,183 --> 03:24:51,317 to framework cdc to meet the Prerequisites, homebuyer Education, housing, counseling, 6231 03:24:51,317 --> 03:24:52,219 prerequisites, homebuyer Education, housing, counseling, And mortgage readiness. 6232 03:24:52,219 --> 03:24:54,020 education, housing, counseling, And mortgage readiness. You talked about the 6233 03:24:54,020 --> 03:24:54,922 and mortgage readiness. You talked about the Understanding, the ratios and 6234 03:24:54,922 --> 03:24:56,090 you talked about the Understanding, the ratios and All the requirements. 6235 03:24:56,090 --> 03:24:58,057 understanding, the ratios and All the requirements. That‘s the value of what 6236 03:24:58,057 --> 03:24:59,093 all the requirements. That‘s the value of what Framework cdc does. 6237 03:24:59,093 --> 03:25:01,995 that‘s the value of what Framework cdc does. So that‘s available to anyone 6238 03:25:01,995 --> 03:25:02,463 framework cdc does. So that‘s available to anyone Regardless of. 6239 03:25:02,463 --> 03:25:04,465 so that‘s available to anyone Regardless of. And even if they‘re in, even if 6240 03:25:04,465 --> 03:25:05,865 regardless of. And even if they‘re in, even if They‘re not trying to seek our 6241 03:25:05,865 --> 03:25:07,767 and even if they‘re in, even if They‘re not trying to seek our Down payment assistance funds, 6242 03:25:07,767 --> 03:25:09,570 they‘re not trying to seek our Down payment assistance funds, The housing counseling component 6243 03:25:09,570 --> 03:25:10,737 down payment assistance funds, The housing counseling component Is the answer to your question. 6244 03:25:10,737 --> 03:25:12,672 the housing counseling component Is the answer to your question. Commissioner travillion our 6245 03:25:12,672 --> 03:25:13,773 is the answer to your question. Commissioner travillion our Funds are only available to 6246 03:25:13,773 --> 03:25:16,043 commissioner travillion our Funds are only available to Those that fall between that 50 6247 03:25:16,043 --> 03:25:16,743 funds are only available to Those that fall between that 50 To 80% ami. 6248 03:25:16,743 --> 03:25:19,078 those that fall between that 50 To 80% ami. Okay, so the second column is 6249 03:25:19,078 --> 03:25:20,681 to 80% ami. Okay, so the second column is Hatzi origination, meaning if 6250 03:25:20,681 --> 03:25:22,449 okay, so the second column is Hatzi origination, meaning if They‘re in brenda‘s program, 6251 03:25:22,449 --> 03:25:23,617 hatzi origination, meaning if They‘re in brenda‘s program, That‘s what they‘re going to 6252 03:25:23,617 --> 03:25:23,916 they‘re in brenda‘s program, That‘s what they‘re going to Experience. 6253 03:25:23,916 --> 03:25:26,887 that‘s what they‘re going to Experience. If they start or originate in 6254 03:25:26,887 --> 03:25:28,020 experience. If they start or originate in Joyce‘s pipeline, she already 6255 03:25:28,020 --> 03:25:29,323 if they start or originate in Joyce‘s pipeline, she already Has a lot of clients that are 6256 03:25:29,323 --> 03:25:31,925 joyce‘s pipeline, she already Has a lot of clients that are Seeking homeownership and most 6257 03:25:31,925 --> 03:25:32,726 has a lot of clients that are Seeking homeownership and most Oftentimes down payment 6258 03:25:32,726 --> 03:25:34,460 seeking homeownership and most Oftentimes down payment Assistance is the barrier to 6259 03:25:34,460 --> 03:25:34,794 oftentimes down payment Assistance is the barrier to Homeownership. 6260 03:25:34,794 --> 03:25:37,331 assistance is the barrier to Homeownership. So that scenario outlines what 6261 03:25:37,331 --> 03:25:38,799 homeownership. So that scenario outlines what Joyce would have to do to get 6262 03:25:38,799 --> 03:25:40,000 so that scenario outlines what Joyce would have to do to get Her clients that are already in 6263 03:25:40,000 --> 03:25:41,135 joyce would have to do to get Her clients that are already in The pipeline prepared for our 6264 03:25:41,135 --> 03:25:42,002 her clients that are already in The pipeline prepared for our Dpa funds. 6265 03:25:42,002 --> 03:25:43,736 the pipeline prepared for our Dpa funds. And then lastly, we know that 6266 03:25:43,736 --> 03:25:44,671 dpa funds. And then lastly, we know that We‘re going to have folks that 6267 03:25:44,671 --> 03:25:45,905 and then lastly, we know that We‘re going to have folks that Are going to bypass all of us 6268 03:25:45,905 --> 03:25:47,473 we‘re going to have folks that Are going to bypass all of us And go straight to their lender. 6269 03:25:47,473 --> 03:25:48,776 are going to bypass all of us And go straight to their lender. We‘re hoping that the folks that 6270 03:25:48,776 --> 03:25:49,877 and go straight to their lender. We‘re hoping that the folks that Are in our lender partner 6271 03:25:49,877 --> 03:25:50,777 we‘re hoping that the folks that Are in our lender partner Program will say, hey, looking 6272 03:25:50,777 --> 03:25:52,446 are in our lender partner Program will say, hey, looking At your income, I think, you 6273 03:25:52,446 --> 03:25:53,446 program will say, hey, looking At your income, I think, you Know, you really can‘t afford 6274 03:25:53,446 --> 03:25:54,381 at your income, I think, you Know, you really can‘t afford This house, but you look like 6275 03:25:54,381 --> 03:25:56,149 know, you really can‘t afford This house, but you look like You‘re eligible for the county‘s 6276 03:25:56,149 --> 03:25:56,382 this house, but you look like You‘re eligible for the county‘s Program. 6277 03:25:56,382 --> 03:25:57,183 you‘re eligible for the county‘s Program. Here‘s what you have to do. 6278 03:25:57,183 --> 03:25:58,419 program. Here‘s what you have to do. That‘s the last scenario. 6279 03:25:58,419 --> 03:26:00,020 here‘s what you have to do. That‘s the last scenario. So that‘s the way that we laid 6280 03:26:00,020 --> 03:26:01,155 that‘s the last scenario. So that‘s the way that we laid It out, to try to make sure that 6281 03:26:01,155 --> 03:26:03,223 so that‘s the way that we laid It out, to try to make sure that We could effectively communicate 6282 03:26:03,223 --> 03:26:04,425 it out, to try to make sure that We could effectively communicate What somebody would experience 6283 03:26:04,425 --> 03:26:05,058 we could effectively communicate What somebody would experience In a variety of scenarios. 6284 03:26:05,058 --> 03:26:06,125 what somebody would experience In a variety of scenarios. Next slide. 6285 03:26:06,125 --> 03:26:07,561 in a variety of scenarios. Next slide. So we‘re expecting that we‘re 6286 03:26:07,561 --> 03:26:08,962 next slide. So we‘re expecting that we‘re Going to have two types of 6287 03:26:08,962 --> 03:26:11,831 so we‘re expecting that we‘re Going to have two types of Clients a long term client and a 6288 03:26:11,831 --> 03:26:12,665 going to have two types of Clients a long term client and a Short term client. 6289 03:26:12,665 --> 03:26:14,000 clients a long term client and a Short term client. Long term folks are the folks 6290 03:26:14,000 --> 03:26:14,834 short term client. Long term folks are the folks That are going to be we‘re going 6291 03:26:14,834 --> 03:26:15,803 long term folks are the folks That are going to be we‘re going To be in the trenches with them. 6292 03:26:15,803 --> 03:26:17,438 that are going to be we‘re going To be in the trenches with them. When I say we framework, cdc 6293 03:26:17,438 --> 03:26:18,604 to be in the trenches with them. When I say we framework, cdc Will be in the trenches with 6294 03:26:18,604 --> 03:26:19,706 when I say we framework, cdc Will be in the trenches with Them, helping them build their 6295 03:26:19,706 --> 03:26:20,674 will be in the trenches with Them, helping them build their Credit, helping them save their 6296 03:26:20,674 --> 03:26:22,041 them, helping them build their Credit, helping them save their Money, helping them understand 6297 03:26:22,041 --> 03:26:23,409 credit, helping them save their Money, helping them understand The principles of homeownership. 6298 03:26:23,409 --> 03:26:24,945 money, helping them understand The principles of homeownership. Those folks are going to take a 6299 03:26:24,945 --> 03:26:25,813 the principles of homeownership. Those folks are going to take a Little bit of time. 6300 03:26:25,813 --> 03:26:27,648 those folks are going to take a Little bit of time. The short term clients are 6301 03:26:27,648 --> 03:26:30,117 little bit of time. The short term clients are People that we think are already 6302 03:26:30,117 --> 03:26:30,651 the short term clients are People that we think are already Mortgage ready. 6303 03:26:30,651 --> 03:26:31,784 people that we think are already Mortgage ready. They could be in joyce‘s 6304 03:26:31,784 --> 03:26:33,554 mortgage ready. They could be in joyce‘s Pipeline already, or they could 6305 03:26:33,554 --> 03:26:35,088 they could be in joyce‘s Pipeline already, or they could Already be talking to their 6306 03:26:35,088 --> 03:26:36,256 pipeline already, or they could Already be talking to their Lender, but they have to wait 6307 03:26:36,256 --> 03:26:37,191 already be talking to their Lender, but they have to wait Because they can‘t afford it, 6308 03:26:37,191 --> 03:26:38,558 lender, but they have to wait Because they can‘t afford it, Because they don‘t have the down 6309 03:26:38,558 --> 03:26:38,791 because they can‘t afford it, Because they don‘t have the down Payment. 6310 03:26:38,791 --> 03:26:40,993 because they don‘t have the down Payment. So if they are a short term 6311 03:26:40,993 --> 03:26:42,496 payment. So if they are a short term Client, before you gain access 6312 03:26:42,496 --> 03:26:44,030 so if they are a short term Client, before you gain access To the county‘s funds, you still 6313 03:26:44,030 --> 03:26:46,100 client, before you gain access To the county‘s funds, you still Have to do homebuyer education, 6314 03:26:46,100 --> 03:26:46,867 to the county‘s funds, you still Have to do homebuyer education, Housing, counseling, and meet 6315 03:26:46,867 --> 03:26:48,202 have to do homebuyer education, Housing, counseling, and meet Our mortgage readiness 6316 03:26:48,202 --> 03:26:48,469 housing, counseling, and meet Our mortgage readiness Checklist. 6317 03:26:48,469 --> 03:26:50,304 our mortgage readiness Checklist. When those things happen, then 6318 03:26:50,304 --> 03:26:51,438 checklist. When those things happen, then You can apply. 6319 03:26:51,438 --> 03:26:53,506 when those things happen, then You can apply. Your lender can apply for the 6320 03:26:53,506 --> 03:26:54,074 you can apply. Your lender can apply for the The program. 6321 03:26:54,074 --> 03:26:54,740 your lender can apply for the The program. Next slide. 6322 03:26:54,740 --> 03:26:56,110 the program. Next slide. So this gets us to the. 6323 03:26:56,110 --> 03:26:57,911 next slide. So this gets us to the. We are literally at the end. 6324 03:26:57,911 --> 03:27:00,780 so this gets us to the. We are literally at the end. Sohat will transition us to 6325 03:27:00,780 --> 03:27:02,716 we are literally at the end. Sohat will transition us to The foundational documents. 6326 03:27:02,716 --> 03:27:04,550 sohat will transition us to The foundational documents. The homeowner agreement is a 6327 03:27:04,550 --> 03:27:06,553 the foundational documents. The homeowner agreement is a Requirement by the program, and 6328 03:27:06,553 --> 03:27:07,654 the homeowner agreement is a Requirement by the program, and We are nearing completion. 6329 03:27:07,654 --> 03:27:08,855 requirement by the program, and We are nearing completion. With that, we‘ve been working 6330 03:27:08,855 --> 03:27:10,124 we are nearing completion. With that, we‘ve been working Tirelessly with our colleagues 6331 03:27:10,124 --> 03:27:11,191 with that, we‘ve been working Tirelessly with our colleagues In the county attorney‘s office. 6332 03:27:11,191 --> 03:27:12,726 tirelessly with our colleagues In the county attorney‘s office. Special thank you to chris 6333 03:27:12,726 --> 03:27:13,794 in the county attorney‘s office. Special thank you to chris Gilmore, who‘s been working with 6334 03:27:13,794 --> 03:27:14,260 special thank you to chris Gilmore, who‘s been working with Us on this. 6335 03:27:14,260 --> 03:27:16,429 gilmore, who‘s been working with Us on this. And the deed of trust. 6336 03:27:16,429 --> 03:27:18,232 us on this. And the deed of trust. Forgivable note, promissory 6337 03:27:18,232 --> 03:27:19,432 and the deed of trust. Forgivable note, promissory Note, escrow instructions for 6338 03:27:19,432 --> 03:27:20,399 forgivable note, promissory Note, escrow instructions for The title companies. 6339 03:27:20,399 --> 03:27:22,436 note, escrow instructions for The title companies. We have all of that stuff 6340 03:27:22,436 --> 03:27:23,303 the title companies. We have all of that stuff Nearing completion. 6341 03:27:23,303 --> 03:27:24,838 we have all of that stuff Nearing completion. All those foundational documents 6342 03:27:24,838 --> 03:27:25,773 nearing completion. All those foundational documents Are in completion. 6343 03:27:25,773 --> 03:27:28,108 all those foundational documents Are in completion. So when an application comes in, 6344 03:27:28,108 --> 03:27:30,310 are in completion. So when an application comes in, That‘s going to trigger us 6345 03:27:30,310 --> 03:27:31,477 so when an application comes in, That‘s going to trigger us Contacting the county attorney‘s 6346 03:27:31,477 --> 03:27:32,345 that‘s going to trigger us Contacting the county attorney‘s Office, because the county 6347 03:27:32,345 --> 03:27:34,081 contacting the county attorney‘s Office, because the county Attorney‘s office will 6348 03:27:34,081 --> 03:27:35,381 office, because the county Attorney‘s office will Facilitate all of the execution 6349 03:27:35,381 --> 03:27:37,117 attorney‘s office will Facilitate all of the execution Of all the legal documents. 6350 03:27:37,117 --> 03:27:38,485 facilitate all of the execution Of all the legal documents. And the auditor‘s office 6351 03:27:38,485 --> 03:27:40,186 of all the legal documents. And the auditor‘s office Obviously will facilitate the 6352 03:27:40,186 --> 03:27:41,754 and the auditor‘s office Obviously will facilitate the Transaction between travis 6353 03:27:41,754 --> 03:27:43,090 obviously will facilitate the Transaction between travis County and the title comnies 6354 03:27:43,090 --> 03:27:43,924 transaction between travis County and the title comnies For the escrow. 6355 03:27:43,924 --> 03:27:44,658 county and the title comnies For the escrow. Next slide. 6356 03:27:44,658 --> 03:27:46,325 for the escrow. Next slide. >> when you say when an 6357 03:27:46,325 --> 03:27:47,493 next slide. >> when you say when an Application comes in, is this 6358 03:27:47,493 --> 03:27:48,796 >> when you say when an Application comes in, is this Through frameworks or through 6359 03:27:48,796 --> 03:27:49,263 application comes in, is this Through frameworks or through Travis county. 6360 03:27:49,263 --> 03:27:51,698 through frameworks or through Travis county. >> or it‘s going to be our 6361 03:27:51,698 --> 03:27:51,999 travis county. >> or it‘s going to be our Application. 6362 03:27:51,999 --> 03:27:53,132 >> or it‘s going to be our Application. So the lenders are the ones that 6363 03:27:53,132 --> 03:27:54,834 application. So the lenders are the ones that Are going to submit the 6364 03:27:54,834 --> 03:27:55,135 so the lenders are the ones that Are going to submit the Application. 6365 03:27:55,135 --> 03:27:57,137 are going to submit the Application. So in any scenario, if we‘ll go 6366 03:27:57,137 --> 03:27:59,071 application. So in any scenario, if we‘ll go Back a few slides to the the 6367 03:27:59,071 --> 03:28:00,908 so in any scenario, if we‘ll go Back a few slides to the the Client scenario, in any 6368 03:28:00,908 --> 03:28:03,243 back a few slides to the the Client scenario, in any Scenario, once somebody meets 6369 03:28:03,243 --> 03:28:05,212 client scenario, in any Scenario, once somebody meets The mortgage readiness checklist 6370 03:28:05,212 --> 03:28:06,746 scenario, once somebody meets The mortgage readiness checklist And they go to their lender 6371 03:28:06,746 --> 03:28:07,713 the mortgage readiness checklist And they go to their lender Saying, I would like to apply 6372 03:28:07,713 --> 03:28:09,817 and they go to their lender Saying, I would like to apply For a mortgage loan to buy this 6373 03:28:09,817 --> 03:28:10,884 saying, I would like to apply For a mortgage loan to buy this House, that this is my dream 6374 03:28:10,884 --> 03:28:11,452 for a mortgage loan to buy this House, that this is my dream Home. 6375 03:28:11,452 --> 03:28:12,986 house, that this is my dream Home. At the very bottom of that, 6376 03:28:12,986 --> 03:28:14,253 home. At the very bottom of that, You‘ll see that there in blue, 6377 03:28:14,253 --> 03:28:16,924 at the very bottom of that, You‘ll see that there in blue, It says the lender will submit 6378 03:28:16,924 --> 03:28:19,493 you‘ll see that there in blue, It says the lender will submit The county dpa application 6379 03:28:19,493 --> 03:28:20,394 it says the lender will submit The county dpa application Application with the buyer 6380 03:28:20,394 --> 03:28:20,627 the county dpa application Application with the buyer Consent. 6381 03:28:20,627 --> 03:28:22,229 application with the buyer Consent. We want the lenders to submit 6382 03:28:22,229 --> 03:28:23,996 consent. We want the lenders to submit That application, so the lenders 6383 03:28:23,996 --> 03:28:25,299 we want the lenders to submit That application, so the lenders Will submit the application. 6384 03:28:25,299 --> 03:28:26,632 that application, so the lenders Will submit the application. It‘ll have to be signed. 6385 03:28:26,632 --> 03:28:27,968 will submit the application. It‘ll have to be signed. We‘re still setting up, and I‘m 6386 03:28:27,968 --> 03:28:29,469 it‘ll have to be signed. We‘re still setting up, and I‘m Going to show you a screenshot 6387 03:28:29,469 --> 03:28:30,436 we‘re still setting up, and I‘m Going to show you a screenshot In just a moment. 6388 03:28:30,436 --> 03:28:32,172 going to show you a screenshot In just a moment. But we are still setting up the 6389 03:28:32,172 --> 03:28:32,973 in just a moment. But we are still setting up the Application, but the lender is 6390 03:28:32,973 --> 03:28:34,240 but we are still setting up the Application, but the lender is Going to submit the application. 6391 03:28:34,240 --> 03:28:35,742 application, but the lender is Going to submit the application. And that‘s what triggers the 6392 03:28:35,742 --> 03:28:36,976 going to submit the application. And that‘s what triggers the Discussion with the county 6393 03:28:36,976 --> 03:28:37,945 and that‘s what triggers the Discussion with the county Attorney‘s office, because we‘re 6394 03:28:37,945 --> 03:28:39,179 discussion with the county Attorney‘s office, because we‘re Going to have to meet with them 6395 03:28:39,179 --> 03:28:40,713 attorney‘s office, because we‘re Going to have to meet with them And the buyer to do the 6396 03:28:40,713 --> 03:28:41,949 going to have to meet with them And the buyer to do the Homeowner agreement and all the 6397 03:28:41,949 --> 03:28:42,783 and the buyer to do the Homeowner agreement and all the Legal documents. 6398 03:28:42,783 --> 03:28:43,884 homeowner agreement and all the Legal documents. >> I‘m trying to understand the 6399 03:28:43,884 --> 03:28:45,219 legal documents. >> I‘m trying to understand the Process of the steps, because it 6400 03:28:45,219 --> 03:28:47,120 >> I‘m trying to understand the Process of the steps, because it Sounded like people would have 6401 03:28:47,120 --> 03:28:49,022 process of the steps, because it Sounded like people would have To have gone through a homeowner 6402 03:28:49,022 --> 03:28:49,990 sounded like people would have To have gone through a homeowner Education, like through 6403 03:28:49,990 --> 03:28:51,791 to have gone through a homeowner Education, like through Frameworks or some similar 6404 03:28:51,791 --> 03:28:52,125 education, like through Frameworks or some similar Organization. 6405 03:28:52,125 --> 03:28:52,526 frameworks or some similar Organization. That‘s correct. 6406 03:28:52,526 --> 03:28:55,429 organization. That‘s correct. In order to even qualify for any 6407 03:28:55,429 --> 03:28:55,895 that‘s correct. In order to even qualify for any Of this. 6408 03:28:55,895 --> 03:28:57,564 in order to even qualify for any Of this. But I don‘t see that at the 6409 03:28:57,564 --> 03:28:57,831 of this. But I don‘t see that at the Beginning. 6410 03:28:57,831 --> 03:28:59,365 but I don‘t see that at the Beginning. And when I looked at frameworks 6411 03:28:59,365 --> 03:29:01,401 beginning. And when I looked at frameworks Online, the fee to register for 6412 03:29:01,401 --> 03:29:03,236 and when I looked at frameworks Online, the fee to register for Their online homebuyer education 6413 03:29:03,236 --> 03:29:04,737 online, the fee to register for Their online homebuyer education Class is $100. 6414 03:29:04,737 --> 03:29:07,875 their online homebuyer education Class is $100. So is that essentially the first 6415 03:29:07,875 --> 03:29:08,274 class is $100. So is that essentially the first Step? 6416 03:29:08,274 --> 03:29:09,375 so is that essentially the first Step? Someone would need to register 6417 03:29:09,375 --> 03:29:10,710 step? Someone would need to register And do that before they could 6418 03:29:10,710 --> 03:29:12,713 someone would need to register And do that before they could Begin the application process? 6419 03:29:12,713 --> 03:29:13,780 and do that before they could Begin the application process? >> great question. 6420 03:29:13,780 --> 03:29:17,550 begin the application process? >> great question. So we have a our subrecipient 6421 03:29:17,550 --> 03:29:18,584 >> great question. So we have a our subrecipient Agreement is going to be funded 6422 03:29:18,584 --> 03:29:21,354 so we have a our subrecipient Agreement is going to be funded To fund up to ten clients 6423 03:29:21,354 --> 03:29:23,223 agreement is going to be funded To fund up to ten clients Through general fund, because 6424 03:29:23,223 --> 03:29:25,892 to fund up to ten clients Through general fund, because Home only allows us to pay for 6425 03:29:25,892 --> 03:29:27,327 through general fund, because Home only allows us to pay for Housing counseling services. 6426 03:29:27,327 --> 03:29:28,962 home only allows us to pay for Housing counseling services. Once a client closes. 6427 03:29:28,962 --> 03:29:32,031 housing counseling services. Once a client closes. So as a part of my pb for 6428 03:29:32,031 --> 03:29:33,800 once a client closes. So as a part of my pb for Actually I didn‘t do a pb 4pb5 6429 03:29:33,800 --> 03:29:36,669 so as a part of my pb for Actually I didn‘t do a pb 4pb5 For this, but as a part of 6430 03:29:36,669 --> 03:29:38,071 actually I didn‘t do a pb 4pb5 For this, but as a part of Utilizing some existing funds, 6431 03:29:38,071 --> 03:29:39,840 for this, but as a part of Utilizing some existing funds, General funds, I‘m setting aside 6432 03:29:39,840 --> 03:29:41,975 utilizing some existing funds, General funds, I‘m setting aside Some funds for the housing 6433 03:29:41,975 --> 03:29:42,575 general funds, I‘m setting aside Some funds for the housing Counseling component. 6434 03:29:42,575 --> 03:29:43,110 some funds for the housing Counseling component. That is correct. 6435 03:29:43,110 --> 03:29:44,510 counseling component. That is correct. >> but I thought they couldn‘t 6436 03:29:44,510 --> 03:29:45,279 that is correct. >> but I thought they couldn‘t Qualify and they couldn‘t close 6437 03:29:45,279 --> 03:29:46,313 >> but I thought they couldn‘t Qualify and they couldn‘t close Until they‘d had that class. 6438 03:29:46,313 --> 03:29:48,848 qualify and they couldn‘t close Until they‘d had that class. >> so so so the difference is, 6439 03:29:48,848 --> 03:29:50,449 until they‘d had that class. >> so so so the difference is, Is that they still have to go 6440 03:29:50,449 --> 03:29:51,718 >> so so so the difference is, Is that they still have to go Through the training. 6441 03:29:51,718 --> 03:29:53,320 is that they still have to go Through the training. Joyce offers, the offers, the 6442 03:29:53,320 --> 03:29:54,253 through the training. Joyce offers, the offers, the Training, and I believe that. 6443 03:29:54,253 --> 03:29:55,789 joyce offers, the offers, the Training, and I believe that. I don‘t know if they provide you 6444 03:29:55,789 --> 03:29:57,290 training, and I believe that. I don‘t know if they provide you Provide all of your clients have 6445 03:29:57,290 --> 03:29:59,058 I don‘t know if they provide you Provide all of your clients have To pay the fee or is there like 6446 03:29:59,058 --> 03:30:00,960 provide all of your clients have To pay the fee or is there like An income eligibility threshold? 6447 03:30:00,960 --> 03:30:01,561 to pay the fee or is there like An income eligibility threshold? >> to pay the fee? 6448 03:30:01,561 --> 03:30:01,794 an income eligibility threshold? >> to pay the fee? >> okay. 6449 03:30:01,794 --> 03:30:03,729 >> to pay the fee? >> okay. So so all clients still have to 6450 03:30:03,729 --> 03:30:04,932 >> okay. So so all clients still have to Go through framework cdc. 6451 03:30:04,932 --> 03:30:06,500 so so all clients still have to Go through framework cdc. We are going to pay for clients 6452 03:30:06,500 --> 03:30:07,601 go through framework cdc. We are going to pay for clients That are interested in our down 6453 03:30:07,601 --> 03:30:09,303 we are going to pay for clients That are interested in our down Payment assistance program. 6454 03:30:09,303 --> 03:30:12,605 that are interested in our down Payment assistance program. We are going to provide a a fee 6455 03:30:12,605 --> 03:30:13,840 payment assistance program. We are going to provide a a fee To framework cdc. 6456 03:30:13,840 --> 03:30:16,276 we are going to provide a a fee To framework cdc. Once a client is eligible, once 6457 03:30:16,276 --> 03:30:17,611 to framework cdc. Once a client is eligible, once A client actually meets the 6458 03:30:17,611 --> 03:30:19,345 once a client is eligible, once A client actually meets the Mortgage readiness thresholds. 6459 03:30:19,345 --> 03:30:20,681 a client actually meets the Mortgage readiness thresholds. >> and I thought part of meeting 6460 03:30:20,681 --> 03:30:21,814 mortgage readiness thresholds. >> and I thought part of meeting The mortgage readiness was to 6461 03:30:21,814 --> 03:30:23,050 >> and I thought part of meeting The mortgage readiness was to Have done this class. 6462 03:30:23,050 --> 03:30:24,151 the mortgage readiness was to Have done this class. >> it is. 6463 03:30:24,151 --> 03:30:25,885 have done this class. >> it is. >> so how can they meet the 6464 03:30:25,885 --> 03:30:26,787 >> it is. >> so how can they meet the Mortgage readiness and then get 6465 03:30:26,787 --> 03:30:28,522 >> so how can they meet the Mortgage readiness and then get The assistance to take the 6466 03:30:28,522 --> 03:30:28,722 mortgage readiness and then get The assistance to take the Class? 6467 03:30:28,722 --> 03:30:30,958 the assistance to take the Class? So that‘s what I understood you 6468 03:30:30,958 --> 03:30:31,557 class? So that‘s what I understood you To just describe. 6469 03:30:31,557 --> 03:30:32,226 so that‘s what I understood you To just describe. >> maybe you‘re. 6470 03:30:32,226 --> 03:30:32,558 to just describe. >> maybe you‘re. >> right. 6471 03:30:32,558 --> 03:30:33,327 >> maybe you‘re. >> right. You‘re right. 6472 03:30:33,327 --> 03:30:34,727 >> right. You‘re right. So you‘re asking us if we‘re 6473 03:30:34,727 --> 03:30:35,996 you‘re right. So you‘re asking us if we‘re Going to pay for the class in 6474 03:30:35,996 --> 03:30:36,229 so you‘re asking us if we‘re Going to pay for the class in Advance. 6475 03:30:36,229 --> 03:30:37,263 going to pay for the class in Advance. We‘re not. 6476 03:30:37,263 --> 03:30:39,199 advance. We‘re not. And that may be something that 6477 03:30:39,199 --> 03:30:40,267 we‘re not. And that may be something that Joyce and I will have to work 6478 03:30:40,267 --> 03:30:42,502 and that may be something that Joyce and I will have to work Out, but they have to take the 6479 03:30:42,502 --> 03:30:43,936 joyce and I will have to work Out, but they have to take the Homebuyer education and the 6480 03:30:43,936 --> 03:30:45,371 out, but they have to take the Homebuyer education and the Housing counseling and meet 6481 03:30:45,371 --> 03:30:46,840 homebuyer education and the Housing counseling and meet Mortgage readiness before they 6482 03:30:46,840 --> 03:30:48,007 housing counseling and meet Mortgage readiness before they Can actually submit the 6483 03:30:48,007 --> 03:30:48,307 mortgage readiness before they Can actually submit the Application. 6484 03:30:48,307 --> 03:30:49,209 can actually submit the Application. But but you are. 6485 03:30:49,209 --> 03:30:50,344 application. But but you are. >> but it sounds so it sounds 6486 03:30:50,344 --> 03:30:51,712 but but you are. >> but it sounds so it sounds Like on the flowchart that it 6487 03:30:51,712 --> 03:30:52,779 >> but it sounds so it sounds Like on the flowchart that it Should be made clear to the 6488 03:30:52,779 --> 03:30:53,513 like on the flowchart that it Should be made clear to the Public that they have to take 6489 03:30:53,513 --> 03:30:56,283 should be made clear to the Public that they have to take The mortgage readiness class 6490 03:30:56,283 --> 03:30:56,483 public that they have to take The mortgage readiness class First. 6491 03:30:56,483 --> 03:30:56,716 the mortgage readiness class First. >> but. 6492 03:30:56,716 --> 03:30:57,450 first. >> but. >> they have to take the 6493 03:30:57,450 --> 03:30:58,017 >> but. >> they have to take the Homebuyer education. 6494 03:30:58,017 --> 03:30:59,352 >> they have to take the Homebuyer education. >> class homebuyer ready? 6495 03:30:59,352 --> 03:30:59,686 homebuyer education. >> class homebuyer ready? Yes, ma‘am. 6496 03:30:59,686 --> 03:31:01,554 >> class homebuyer ready? Yes, ma‘am. >> for the c, d, f I could 6497 03:31:01,554 --> 03:31:03,090 yes, ma‘am. >> for the c, d, f I could Sponsor that and pay and pay for 6498 03:31:03,090 --> 03:31:03,891 >> for the c, d, f I could Sponsor that and pay and pay for That fee for them. 6499 03:31:03,891 --> 03:31:06,860 sponsor that and pay and pay for That fee for them. Could they not a c. 6500 03:31:06,860 --> 03:31:08,695 that fee for them. Could they not a c. >> maybe a reimbursement if they 6501 03:31:08,695 --> 03:31:09,162 could they not a c. >> maybe a reimbursement if they Complete the class. 6502 03:31:09,162 --> 03:31:09,796 >> maybe a reimbursement if they Complete the class. >> yeah. 6503 03:31:09,796 --> 03:31:10,963 complete the class. >> yeah. I mean they‘re, they‘re. 6504 03:31:10,963 --> 03:31:11,465 >> yeah. I mean they‘re, they‘re. >> they‘ve got. 6505 03:31:11,465 --> 03:31:11,797 I mean they‘re, they‘re. >> they‘ve got. >> some stake. 6506 03:31:11,797 --> 03:31:11,999 >> they‘ve got. >> some stake. >> in. 6507 03:31:11,999 --> 03:31:13,367 >> some stake. >> in. >> it that that may be a little 6508 03:31:13,367 --> 03:31:14,468 >> in. >> it that that may be a little Nuance that we need to work out. 6509 03:31:14,468 --> 03:31:16,236 >> it that that may be a little Nuance that we need to work out. I think it‘s a, I think that‘s a 6510 03:31:16,236 --> 03:31:17,671 nuance that we need to work out. I think it‘s a, I think that‘s a Valid that‘s a valid question 6511 03:31:17,671 --> 03:31:18,071 I think it‘s a, I think that‘s a Valid that‘s a valid question That you asked. 6512 03:31:18,071 --> 03:31:19,372 valid that‘s a valid question That you asked. Commissioner shea. 6513 03:31:19,372 --> 03:31:22,909 that you asked. Commissioner shea. So, you know, we we are not 6514 03:31:22,909 --> 03:31:23,810 commissioner shea. So, you know, we we are not Intending for our clients to 6515 03:31:23,810 --> 03:31:24,945 so, you know, we we are not Intending for our clients to Have to pay for the fee. 6516 03:31:24,945 --> 03:31:26,179 intending for our clients to Have to pay for the fee. So that‘ll be something that 6517 03:31:26,179 --> 03:31:27,280 have to pay for the fee. So that‘ll be something that Will work out before we execute 6518 03:31:27,280 --> 03:31:29,216 so that‘ll be something that Will work out before we execute Our contract with framework cdc. 6519 03:31:29,216 --> 03:31:31,584 will work out before we execute Our contract with framework cdc. >> so, you know, as always, I‘m 6520 03:31:31,584 --> 03:31:33,085 our contract with framework cdc. >> so, you know, as always, I‘m Looking for an asset map. 6521 03:31:33,085 --> 03:31:33,587 >> so, you know, as always, I‘m Looking for an asset map. Okay. 6522 03:31:33,587 --> 03:31:36,924 looking for an asset map. Okay. Identifying the entities that 6523 03:31:36,924 --> 03:31:38,858 okay. Identifying the entities that That do participate at each 6524 03:31:38,858 --> 03:31:41,061 identifying the entities that That do participate at each Level and then thinking about 6525 03:31:41,061 --> 03:31:42,963 that do participate at each Level and then thinking about Places that would be most 6526 03:31:42,963 --> 03:31:45,331 level and then thinking about Places that would be most Effective to find people to 6527 03:31:45,331 --> 03:31:48,567 places that would be most Effective to find people to Train once again to community 6528 03:31:48,567 --> 03:31:48,902 effective to find people to Train once again to community Institutions. 6529 03:31:48,902 --> 03:31:50,703 train once again to community Institutions. When we‘re talking about 6530 03:31:50,703 --> 03:31:53,740 institutions. When we‘re talking about Churches and we‘re talking about 6531 03:31:53,740 --> 03:31:54,975 when we‘re talking about Churches and we‘re talking about Fraternities and sororities, 6532 03:31:54,975 --> 03:31:58,477 churches and we‘re talking about Fraternities and sororities, We‘re talking about places where 6533 03:31:58,477 --> 03:32:00,948 fraternities and sororities, We‘re talking about places where You have a captive audience, but 6534 03:32:00,948 --> 03:32:03,250 we‘re talking about places where You have a captive audience, but They‘re not aware of what‘s 6535 03:32:03,250 --> 03:32:03,517 you have a captive audience, but They‘re not aware of what‘s Available. 6536 03:32:03,517 --> 03:32:03,850 they‘re not aware of what‘s Available. >> absolutely. 6537 03:32:03,850 --> 03:32:06,620 available. >> absolutely. >> I mean, you know, I would say 6538 03:32:06,620 --> 03:32:08,554 >> absolutely. >> I mean, you know, I would say 98% of austin doesn‘t kno about 6539 03:32:08,554 --> 03:32:08,754 >> I mean, you know, I would say 98% of austin doesn‘t kno about This. 6540 03:32:08,754 --> 03:32:08,989 98% of austin doesn‘t kno about This. >> yeah. 6541 03:32:08,989 --> 03:32:10,691 this. >> yeah. >> I‘m excited about the 6542 03:32:10,691 --> 03:32:11,490 >> yeah. >> I‘m excited about the Creation of this program, but 6543 03:32:11,490 --> 03:32:13,794 >> I‘m excited about the Creation of this program, but I‘d want it to be successful and 6544 03:32:13,794 --> 03:32:15,128 creation of this program, but I‘d want it to be successful and Not have a situation where 6545 03:32:15,128 --> 03:32:17,397 I‘d want it to be successful and Not have a situation where People don‘t understand clearly 6546 03:32:17,397 --> 03:32:19,932 not have a situation where People don‘t understand clearly That they first have to do this 6547 03:32:19,932 --> 03:32:22,034 people don‘t understand clearly That they first have to do this Education class at the very 6548 03:32:22,034 --> 03:32:23,870 that they first have to do this Education class at the very Beginning, and that there‘s a 6549 03:32:23,870 --> 03:32:24,037 education class at the very Beginning, and that there‘s a Fee. 6550 03:32:24,037 --> 03:32:26,639 beginning, and that there‘s a Fee. >> yeah, that that‘s well, but 6551 03:32:26,639 --> 03:32:27,506 fee. >> yeah, that that‘s well, but We‘re going to pay the fee. 6552 03:32:27,506 --> 03:32:28,875 >> yeah, that that‘s well, but We‘re going to pay the fee. It‘s just the timing of us 6553 03:32:28,875 --> 03:32:30,443 we‘re going to pay the fee. It‘s just the timing of us Paying the fee. 6554 03:32:30,443 --> 03:32:30,610 it‘s just the timing of us Paying the fee. So. 6555 03:32:30,610 --> 03:32:30,844 paying the fee. So. >> well. 6556 03:32:30,844 --> 03:32:31,844 so. >> well. >> yeah, the way you described 6557 03:32:31,844 --> 03:32:33,347 >> well. >> yeah, the way you described The timing, it doesn‘t work 6558 03:32:33,347 --> 03:32:33,547 >> yeah, the way you described The timing, it doesn‘t work Fair. 6559 03:32:33,547 --> 03:32:34,246 the timing, it doesn‘t work Fair. >> fair enough. 6560 03:32:34,246 --> 03:32:35,983 fair. >> fair enough. Well, that‘s a that‘s a nuance, 6561 03:32:35,983 --> 03:32:37,483 >> fair enough. Well, that‘s a that‘s a nuance, Commissioner, that we will work 6562 03:32:37,483 --> 03:32:38,752 well, that‘s a that‘s a nuance, Commissioner, that we will work Out before we launch the 6563 03:32:38,752 --> 03:32:38,986 commissioner, that we will work Out before we launch the Program. 6564 03:32:38,986 --> 03:32:41,655 out before we launch the Program. >> I mean, they‘re getting like 6565 03:32:41,655 --> 03:32:42,189 program. >> I mean, they‘re getting like $50,000 or something. 6566 03:32:42,189 --> 03:32:42,456 >> I mean, they‘re getting like $50,000 or something. They got. 6567 03:32:42,456 --> 03:32:43,389 $50,000 or something. They got. >> I realize it‘s a. 6568 03:32:43,389 --> 03:32:43,756 they got. >> I realize it‘s a. >> small thing. 6569 03:32:43,756 --> 03:32:44,124 >> I realize it‘s a. >> small thing. >> work it. 6570 03:32:44,124 --> 03:32:45,959 >> small thing. >> work it. I‘m thrilled that you‘re looking 6571 03:32:45,959 --> 03:32:48,094 >> work it. I‘m thrilled that you‘re looking At ways to make this stuff 6572 03:32:48,094 --> 03:32:48,561 I‘m thrilled that you‘re looking At ways to make this stuff Available to people. 6573 03:32:48,561 --> 03:32:49,529 at ways to make this stuff Available to people. I just want it. 6574 03:32:49,529 --> 03:32:51,732 available to people. I just want it. I don‘t want us to create 6575 03:32:51,732 --> 03:32:52,665 I just want it. I don‘t want us to create Expectations that we can‘t meet, 6576 03:32:52,665 --> 03:32:54,134 I don‘t want us to create Expectations that we can‘t meet, Or where people will be 6577 03:32:54,134 --> 03:32:54,433 expectations that we can‘t meet, Or where people will be Frustrated. 6578 03:32:54,433 --> 03:32:55,469 or where people will be Frustrated. >> and absolutely. 6579 03:32:55,469 --> 03:32:57,638 frustrated. >> and absolutely. >> because what we what we 6580 03:32:57,638 --> 03:32:59,539 >> and absolutely. >> because what we what we Understand is, look, I look at 6581 03:32:59,539 --> 03:33:00,874 >> because what we what we Understand is, look, I look at That and I say, well, now 6582 03:33:00,874 --> 03:33:02,608 understand is, look, I look at That and I say, well, now That‘s, that is too good to be 6583 03:33:02,608 --> 03:33:02,808 that and I say, well, now That‘s, that is too good to be True. 6584 03:33:02,808 --> 03:33:05,178 that‘s, that is too good to be True. And how and how could it? 6585 03:33:05,178 --> 03:33:08,381 true. And how and how could it? And unless you‘ve got examples 6586 03:33:08,381 --> 03:33:10,149 and how and how could it? And unless you‘ve got examples And unless you‘ve got a 6587 03:33:10,149 --> 03:33:11,550 and unless you‘ve got examples And unless you‘ve got a Portfolio so that we can explain 6588 03:33:11,550 --> 03:33:14,321 and unless you‘ve got a Portfolio so that we can explain To folks, unless we find you in 6589 03:33:14,321 --> 03:33:15,888 portfolio so that we can explain To folks, unless we find you in A place that I trust. 6590 03:33:15,888 --> 03:33:17,757 to folks, unless we find you in A place that I trust. >> well, that‘s where working 6591 03:33:17,757 --> 03:33:18,992 a place that I trust. >> well, that‘s where working Through hats, working through 6592 03:33:18,992 --> 03:33:22,262 >> well, that‘s where working Through hats, working through Our existing housing programs, 6593 03:33:22,262 --> 03:33:23,897 through hats, working through Our existing housing programs, Where we know people need help, 6594 03:33:23,897 --> 03:33:26,098 our existing housing programs, Where we know people need help, Where we identify through 6595 03:33:26,098 --> 03:33:28,135 where we know people need help, Where we identify through Whatever application process, if 6596 03:33:28,135 --> 03:33:29,969 where we identify through Whatever application process, if They have an interest in trying 6597 03:33:29,969 --> 03:33:32,472 whatever application process, if They have an interest in trying To be able to buy a house in the 6598 03:33:32,472 --> 03:33:34,273 they have an interest in trying To be able to buy a house in the Future, we‘ve got to trusted 6599 03:33:34,273 --> 03:33:35,375 to be able to buy a house in the Future, we‘ve got to trusted Relationship with them through 6600 03:33:35,375 --> 03:33:37,176 future, we‘ve got to trusted Relationship with them through The housing they‘re currently 6601 03:33:37,176 --> 03:33:37,443 relationship with them through The housing they‘re currently Accessing. 6602 03:33:37,443 --> 03:33:38,512 the housing they‘re currently Accessing. >> I get it, but I‘ve got a 6603 03:33:38,512 --> 03:33:41,715 accessing. >> I get it, but I‘ve got a Couple a few kids in my in my 6604 03:33:41,715 --> 03:33:44,584 >> I get it, but I‘ve got a Couple a few kids in my in my Neighborhood, and they, they 6605 03:33:44,584 --> 03:33:46,385 couple a few kids in my in my Neighborhood, and they, they Didn‘t go to college, but they 6606 03:33:46,385 --> 03:33:48,689 neighborhood, and they, they Didn‘t go to college, but they Went to work and, and, but 6607 03:33:48,689 --> 03:33:49,556 didn‘t go to college, but they Went to work and, and, but They‘re living there now. 6608 03:33:49,556 --> 03:33:51,324 went to work and, and, but They‘re living there now. They‘re living at their house, 6609 03:33:51,324 --> 03:33:52,325 they‘re living there now. They‘re living at their house, Their mother‘s house. 6610 03:33:52,325 --> 03:33:53,959 they‘re living at their house, Their mother‘s house. They have a decent job. 6611 03:33:53,959 --> 03:33:57,030 their mother‘s house. They have a decent job. If they knew about this, they 6612 03:33:57,030 --> 03:33:59,499 they have a decent job. If they knew about this, they Could take a course and save a 6613 03:33:59,499 --> 03:34:00,100 if they knew about this, they Could take a course and save a Little money. 6614 03:34:00,100 --> 03:34:00,466 could take a course and save a Little money. That‘s right. 6615 03:34:00,466 --> 03:34:02,469 little money. That‘s right. And but they don‘t know about 6616 03:34:02,469 --> 03:34:02,669 that‘s right. And but they don‘t know about This. 6617 03:34:02,669 --> 03:34:03,969 and but they don‘t know about This. Where do we where do we tell. 6618 03:34:03,969 --> 03:34:05,772 this. Where do we where do we tell. So the idea is to reach them. 6619 03:34:05,772 --> 03:34:08,040 where do we where do we tell. So the idea is to reach them. I think I think hatzi is an 6620 03:34:08,040 --> 03:34:10,610 so the idea is to reach them. I think I think hatzi is an Important place to provide this 6621 03:34:10,610 --> 03:34:10,911 I think I think hatzi is an Important place to provide this Information. 6622 03:34:10,911 --> 03:34:12,645 important place to provide this Information. But we‘ve got a whole group of 6623 03:34:12,645 --> 03:34:15,314 information. But we‘ve got a whole group of Kids, school to work, kids that 6624 03:34:15,314 --> 03:34:17,950 but we‘ve got a whole group of Kids, school to work, kids that Should qualify for it and, and 6625 03:34:17,950 --> 03:34:20,287 kids, school to work, kids that Should qualify for it and, and Won‘t find an opportunity to buy 6626 03:34:20,287 --> 03:34:22,054 should qualify for it and, and Won‘t find an opportunity to buy A home unless they find a 6627 03:34:22,054 --> 03:34:22,888 won‘t find an opportunity to buy A home unless they find a Program like this. 6628 03:34:22,888 --> 03:34:24,057 a home unless they find a Program like this. >> so we‘re talking about 6629 03:34:24,057 --> 03:34:24,290 program like this. >> so we‘re talking about Scaling. 6630 03:34:24,290 --> 03:34:24,824 >> so we‘re talking about Scaling. >> up to write. 6631 03:34:24,824 --> 03:34:25,992 scaling. >> up to write. A program. 6632 03:34:25,992 --> 03:34:27,027 >> up to write. A program. We‘re talking about starting 6633 03:34:27,027 --> 03:34:28,161 a program. We‘re talking about starting Small and scaling up, right? 6634 03:34:28,161 --> 03:34:29,095 we‘re talking about starting Small and scaling up, right? Because we don‘t have a lot of 6635 03:34:29,095 --> 03:34:29,296 small and scaling up, right? Because we don‘t have a lot of Money. 6636 03:34:29,296 --> 03:34:30,564 because we don‘t have a lot of Money. >> yes, that that is correct. 6637 03:34:30,564 --> 03:34:33,800 money. >> yes, that that is correct. And so once we start, once we 6638 03:34:33,800 --> 03:34:35,235 >> yes, that that is correct. And so once we start, once we Officially launch the program, 6639 03:34:35,235 --> 03:34:36,803 and so once we start, once we Officially launch the program, We are planning to do a 6640 03:34:36,803 --> 03:34:37,871 officially launch the program, We are planning to do a Marketing campaign. 6641 03:34:37,871 --> 03:34:39,872 we are planning to do a Marketing campaign. This is a screenshot of a flier. 6642 03:34:39,872 --> 03:34:41,507 marketing campaign. This is a screenshot of a flier. It has not been translated in 6643 03:34:41,507 --> 03:34:42,942 this is a screenshot of a flier. It has not been translated in Spanish yet, but we are going to 6644 03:34:42,942 --> 03:34:45,277 it has not been translated in Spanish yet, but we are going to Do a full scale marketing 6645 03:34:45,277 --> 03:34:46,645 spanish yet, but we are going to Do a full scale marketing Campaign through constant 6646 03:34:46,645 --> 03:34:47,814 do a full scale marketing Campaign through constant Contact, through hatzi. 6647 03:34:47,814 --> 03:34:49,115 campaign through constant Contact, through hatzi. We are really going to try to 6648 03:34:49,115 --> 03:34:51,651 contact, through hatzi. We are really going to try to Promote this so the community is 6649 03:34:51,651 --> 03:34:53,887 we are really going to try to Promote this so the community is Aware of what is available, and 6650 03:34:53,887 --> 03:34:55,789 promote this so the community is Aware of what is available, and We will work out the nuance of 6651 03:34:55,789 --> 03:34:56,556 aware of what is available, and We will work out the nuance of When to pay. 6652 03:34:56,556 --> 03:34:57,090 we will work out the nuance of When to pay. >> the fee. 6653 03:34:57,090 --> 03:34:59,860 when to pay. >> the fee. >> for the how, for the, the, 6654 03:34:59,860 --> 03:35:01,161 >> the fee. >> for the how, for the, the, The homebuyer education. 6655 03:35:01,161 --> 03:35:01,995 >> for the how, for the, the, The homebuyer education. Next slide please. 6656 03:35:01,995 --> 03:35:03,095 the homebuyer education. Next slide please. This is a screen. 6657 03:35:03,095 --> 03:35:05,531 next slide please. This is a screen. This is a commissioner shea. 6658 03:35:05,531 --> 03:35:05,932 this is a screen. This is a commissioner shea. >> this. 6659 03:35:05,932 --> 03:35:07,267 this is a commissioner shea. >> this. >> you. 6660 03:35:07,267 --> 03:35:10,036 >> this. >> you. We can answer questions from you 6661 03:35:10,036 --> 03:35:12,605 >> you. We can answer questions from you At our next one on one unless 6662 03:35:12,605 --> 03:35:15,409 we can answer questions from you At our next one on one unless You want to continue the 6663 03:35:15,409 --> 03:35:15,742 at our next one on one unless You want to continue the Presentation. 6664 03:35:15,742 --> 03:35:16,575 you want to continue the Presentation. We. 6665 03:35:16,575 --> 03:35:19,378 presentation. We. Yeah, we‘re past one hour on 6666 03:35:19,378 --> 03:35:20,946 we. Yeah, we‘re past one hour on This presentation and it‘s a lot 6667 03:35:20,946 --> 03:35:22,615 yeah, we‘re past one hour on This presentation and it‘s a lot Of sausage making that maybe you 6668 03:35:22,615 --> 03:35:25,786 this presentation and it‘s a lot Of sausage making that maybe you All don‘t have to to know all of 6669 03:35:25,786 --> 03:35:27,654 of sausage making that maybe you All don‘t have to to know all of It, but I think this is a really 6670 03:35:27,654 --> 03:35:30,590 all don‘t have to to know all of It, but I think this is a really Good example of how monique is 6671 03:35:30,590 --> 03:35:33,192 it, but I think this is a really Good example of how monique is One of our superstars, one of 6672 03:35:33,192 --> 03:35:35,128 good example of how monique is One of our superstars, one of The very best superstars in hhs, 6673 03:35:35,128 --> 03:35:36,362 one of our superstars, one of The very best superstars in hhs, Because she keeps bringing in 6674 03:35:36,362 --> 03:35:39,331 the very best superstars in hhs, Because she keeps bringing in More money and providing more 6675 03:35:39,331 --> 03:35:40,500 because she keeps bringing in More money and providing more Services than when she started. 6676 03:35:40,500 --> 03:35:41,500 more money and providing more Services than when she started. >> so this is phenomenal. 6677 03:35:41,500 --> 03:35:42,368 services than when she started. >> so this is phenomenal. >> and thank you. 6678 03:35:42,368 --> 03:35:42,868 >> so this is phenomenal. >> and thank you. Thank you. 6679 03:35:42,868 --> 03:35:44,604 >> and thank you. Thank you. >> this is actually our last 6680 03:35:44,604 --> 03:35:44,804 thank you. >> this is actually our last Slide. 6681 03:35:44,804 --> 03:35:46,039 >> this is actually our last Slide. So thank you very much for that. 6682 03:35:46,039 --> 03:35:47,574 slide. So thank you very much for that. Sorry that we went a little 6683 03:35:47,574 --> 03:35:48,774 so thank you very much for that. Sorry that we went a little Long, but we‘re. 6684 03:35:48,774 --> 03:35:50,209 sorry that we went a little Long, but we‘re. >> really asked questions. 6685 03:35:50,209 --> 03:35:50,544 long, but we‘re. >> really asked questions. >> thank you. 6686 03:35:50,544 --> 03:35:51,111 >> really asked questions. >> thank you. Yeah you did. 6687 03:35:51,111 --> 03:35:51,844 >> thank you. Yeah you did. You asked a lot of questions. 6688 03:35:51,844 --> 03:35:53,145 yeah you did. You asked a lot of questions. But thank you so much for your 6689 03:35:53,145 --> 03:35:53,345 you asked a lot of questions. But thank you so much for your Time. 6690 03:35:53,345 --> 03:35:54,581 but thank you so much for your Time. >> thank you, thank you thank 6691 03:35:54,581 --> 03:35:54,747 time. >> thank you, thank you thank You. 6692 03:35:54,747 --> 03:35:54,948 >> thank you, thank you thank You. Yeah. 6693 03:35:54,948 --> 03:35:56,449 you. Yeah. >> well, we can ask more 6694 03:35:56,449 --> 03:35:56,716 yeah. >> well, we can ask more Questions. 6695 03:35:56,716 --> 03:35:57,483 >> well, we can ask more Questions. I‘ll just have to leave. 6696 03:35:57,483 --> 03:36:00,620 questions. I‘ll just have to leave. And commissioner, commissioner, 6697 03:36:00,620 --> 03:36:01,821 I‘ll just have to leave. And commissioner, commissioner, Shake and continue. 6698 03:36:01,821 --> 03:36:04,591 and commissioner, commissioner, Shake and continue. But I want I want a copy of all 6699 03:36:04,591 --> 03:36:06,860 shake and continue. But I want I want a copy of all Of the the presentation. 6700 03:36:06,860 --> 03:36:08,495 but I want I want a copy of all Of the the presentation. Plus I want some phone numbers 6701 03:36:08,495 --> 03:36:08,929 of the the presentation. Plus I want some phone numbers As well. 6702 03:36:08,929 --> 03:36:09,162 plus I want some phone numbers As well. Okay. 6703 03:36:09,162 --> 03:36:11,932 as well. Okay. So we can send some people to 6704 03:36:11,932 --> 03:36:12,098 okay. So we can send some people to You. 6705 03:36:12,098 --> 03:36:13,266 so we can send some people to You. >> fantastic. 6706 03:36:13,266 --> 03:36:13,933 you. >> fantastic. Thank you so much. 6707 03:36:13,933 --> 03:36:14,300 >> fantastic. Thank you so much. Thank you. 6708 03:36:14,300 --> 03:36:15,669 thank you so much. Thank you. >> thank you. 6709 03:36:15,669 --> 03:36:16,469 thank you. >> thank you. >> this is excellent. 6710 03:36:16,469 --> 03:36:16,736 >> thank you. >> this is excellent. Thank you. 6711 03:36:16,736 --> 03:36:18,804 >> this is excellent. Thank you. I really appreciate being your 6712 03:36:18,804 --> 03:36:20,340 thank you. I really appreciate being your Resourcefulness and creativity 6713 03:36:20,340 --> 03:36:21,740 I really appreciate being your Resourcefulness and creativity And trying to find extra help 6714 03:36:21,740 --> 03:36:22,442 resourcefulness and creativity And trying to find extra help For people who need it. 6715 03:36:22,442 --> 03:36:23,310 and trying to find extra help For people who need it. >> absolutely. 6716 03:36:23,310 --> 03:36:24,243 for people who need it. >> absolutely. Thank you very much for your 6717 03:36:24,243 --> 03:36:24,443 >> absolutely. Thank you very much for your Time. 6718 03:36:24,443 --> 03:36:25,412 thank you very much for your Time. Really appreciate it. 6719 03:36:25,412 --> 03:36:26,179 time. Really appreciate it. >> thank you, thank you. 6720 03:36:26,179 --> 03:36:28,081 really appreciate it. >> thank you, thank you. Thank you. 6721 03:36:28,081 --> 03:36:28,314 >> thank you, thank you. Thank you. >> yeah. 6722 03:36:28,314 --> 03:36:30,117 thank you. >> yeah. The frameworks website has lots 6723 03:36:30,117 --> 03:36:31,485 >> yeah. The frameworks website has lots Of links and good information. 6724 03:36:31,485 --> 03:36:31,718 the frameworks website has lots Of links and good information. >> yeah. 6725 03:36:31,718 --> 03:36:32,986 of links and good information. >> yeah. Yes. 6726 03:36:32,986 --> 03:36:35,088 >> yeah. Yes. We‘re going to have to say this 6727 03:36:35,088 --> 03:36:36,857 yes. We‘re going to have to say this Concludes the business of the 6728 03:36:36,857 --> 03:36:38,557 we‘re going to have to say this Concludes the business of the Travis county commissioners 6729 03:36:38,557 --> 03:36:38,858 concludes the business of the Travis county commissioners Court today. 6730 03:36:38,858 --> 03:36:40,794 travis county commissioners Court today. And without objection, I‘ll 6731 03:36:40,794 --> 03:36:43,063 court today. And without objection, I‘ll Adjourn the meeting at. 6732 03:36:43,063 --> 03:36:45,432 and without objection, I‘ll Adjourn the meeting at. [laughter] 6733 03:36:45,432 --> 03:36:46,733 adjourn the meeting at. [laughter] 45353. 6734 03:36:46,733 --> 03:36:49,169 [laughter] 45353. >> thank you. 6735 03:36:49,169 --> 03:36:50,102 45353. >> thank you. >> thank you all. 6736 03:36:50,102 --> 03:36:51,138 >> thank you. >> thank you all. [music] 6737 03:36:51,138 --> 03:37:12,091 >> thank you all. [music]