[13:39] [music]
[13:39] [music]
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[14:21] [music]
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[14:25] [music]
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[14:28] [music]
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[15:13] [music]
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>> good afternoon.
[16:04] [music]
>> good afternoon.
I‘m.
[16:05] >> good afternoon.
I‘m.
[applause]
[16:05] I‘m.
[applause]
Margaret gomez and I am
[16:10] [applause]
Margaret gomez and I am
Commissioner.
[16:10] margaret gomez and I am
Commissioner.
Precinct four.
[16:11] commissioner.
Precinct four.
We are ready to start this work
[16:21] precinct four.
We are ready to start this work
Session.
[16:21] we are ready to start this work
Session.
I‘m calling to order the travis
[16:25] session.
I‘m calling to order the travis
County commissioners court work
[16:27] I‘m calling to order the travis
County commissioners court work
Session.
[16:27] county commissioners court work
Session.
Today is may 14th, 2026, and the
[16:31] session.
Today is may 14th, 2026, and the
Time is 1:32 p.m.
[16:35] today is may 14th, 2026, and the
Time is 1:32 p.m.
We have commissioners travillion
[16:39] time is 1:32 p.m.
We have commissioners travillion
Commissioner shea, commissioner
[16:41] we have commissioners travillion
Commissioner shea, commissioner
Howard.
[16:41] commissioner shea, commissioner
Howard.
And with me on the dais.
[16:44] howard.
And with me on the dais.
And I believe county judge brown
[16:48] and with me on the dais.
And I believe county judge brown
Is is on county business and he
[16:50] and I believe county judge brown
Is is on county business and he
May join us after a while.
[16:52] is is on county business and he
May join us after a while.
We‘ll work with start today with
[16:55] may join us after a while.
We‘ll work with start today with
Work session item number one,
[16:58] we‘ll work with start today with
Work session item number one,
Receive a quarterly briefing and
[17:00] work session item number one,
Receive a quarterly briefing and
Updates from central health,
[17:01] receive a quarterly briefing and
Updates from central health,
Including board of managers.
[17:03] updates from central health,
Including board of managers.
Update year of access, update
[17:07] including board of managers.
Update year of access, update
Budget actuals to date, a 2025
[17:10] update year of access, update
Budget actuals to date, a 2025
Annual report and systems
[17:13] budget actuals to date, a 2025
Annual report and systems
Partnerships.
[17:15] annual report and systems
Partnerships.
And then I think this includes
[17:21] partnerships.
And then I think this includes
The community unity care health
[17:23] and then I think this includes
The community unity care health
Centers and sendero health plans
[17:25] the community unity care health
Centers and sendero health plans
As well.
[17:26] centers and sendero health plans
As well.
>> this.
[17:32] as well.
>> this.
Is.
[17:35] >> this.
Is.
Good afternoon.
[17:49] is.
Good afternoon.
Good afternoon.
[17:50] good afternoon.
Good afternoon.
Commissioners.
[17:53] good afternoon.
Commissioners.
My name is perla cavazos, the
[17:55] commissioners.
My name is perla cavazos, the
Chief governance and government
[17:56] my name is perla cavazos, the
Chief governance and government
Affairs officer at central
[17:58] chief governance and government
Affairs officer at central
Health.
[17:58] affairs officer at central
Health.
And it‘s our pleasure to be
[18:00] health.
And it‘s our pleasure to be
Here.
[18:01] and it‘s our pleasure to be
Here.
Central health to give our
[18:03] here.
Central health to give our
Quarterly update.
[18:04] central health to give our
Quarterly update.
I want to introduce our speakers
[18:06] quarterly update.
I want to introduce our speakers
Today.
[18:06] I want to introduce our speakers
Today.
We have several, including some
[18:09] today.
We have several, including some
New faces.
[18:09] we have several, including some
New faces.
And then I‘ll walk through the
[18:12] new faces.
And then I‘ll walk through the
Agenda and hand it over to our
[18:13] and then I‘ll walk through the
Agenda and hand it over to our
Chair.
[18:16] agenda and hand it over to our
Chair.
We have doctor pat lee,
[18:18] chair.
We have doctor pat lee,
President and ceo of central
[18:20] we have doctor pat lee,
President and ceo of central
Health.
[18:20] president and ceo of central
Health.
We also have sharon alvis, our
[18:23] health.
We also have sharon alvis, our
Ceo of sendero health plans, and
[18:26] we also have sharon alvis, our
Ceo of sendero health plans, and
Tara trower, our deputy ceo and
[18:28] ceo of sendero health plans, and
Tara trower, our deputy ceo and
Chief strategy officer of
[18:29] tara trower, our deputy ceo and
Chief strategy officer of
Community care health centers.
[18:31] chief strategy officer of
Community care health centers.
We have our board chair,
[18:34] community care health centers.
We have our board chair,
Geronimo rodriguez, and we also
[18:36] we have our board chair,
Geronimo rodriguez, and we also
Have our vice chair, alisa mae,
[18:38] geronimo rodriguez, and we also
Have our vice chair, alisa mae,
With us today.
[18:39] have our vice chair, alisa mae,
With us today.
In addition, we have jeff
[18:41] with us today.
In addition, we have jeff
Kernodle, our chief financial
[18:43] in addition, we have jeff
Kernodle, our chief financial
Officer, and we have jp ike
[18:47] kernodle, our chief financial
Officer, and we have jp ike
Miller, our vice president of
[18:48] officer, and we have jp ike
Miller, our vice president of
Strategy.
[18:49] miller, our vice president of
Strategy.
And justine price, demographics
[18:51] strategy.
And justine price, demographics
And statistics reporting
[18:53] and justine price, demographics
And statistics reporting
Analyst.
[18:53] and statistics reporting
Analyst.
In addition, we have alicia
[18:55] analyst.
In addition, we have alicia
Ramirez, our government affairs
[18:56] in addition, we have alicia
Ramirez, our government affairs
Manager.
[18:57] ramirez, our government affairs
Manager.
So let me just run through the
[19:01] manager.
So let me just run through the
Agenda of what we‘ll be speaking
[19:03] so let me just run through the
Agenda of what we‘ll be speaking
To today over the next maybe 30
[19:07] agenda of what we‘ll be speaking
To today over the next maybe 30
Minutes, 30, 40 minutes.
[19:08] to today over the next maybe 30
Minutes, 30, 40 minutes.
We want to save some time for
[19:12] minutes, 30, 40 minutes.
We want to save some time for
Some question and answers as
[19:13] we want to save some time for
Some question and answers as
Well.
[19:14] some question and answers as
Well.
So our chair will be providing
[19:17] well.
So our chair will be providing
An update on from the board of
[19:19] so our chair will be providing
An update on from the board of
Managers.
[19:19] an update on from the board of
Managers.
Our ceo will provide an update
[19:21] managers.
Our ceo will provide an update
On the our year of access and
[19:24] our ceo will provide an update
On the our year of access and
Our, our strategy members will
[19:27] on the our year of access and
Our, our strategy members will
Be providing an update on the
[19:28] our, our strategy members will
Be providing an update on the
Annual report for 2025, which is
[19:31] be providing an update on the
Annual report for 2025, which is
A statutory requirement.
[19:33] annual report for 2025, which is
A statutory requirement.
In addition, we‘ll be presenting
[19:36] a statutory requirement.
In addition, we‘ll be presenting
Our march 2026 financial
[19:38] in addition, we‘ll be presenting
Our march 2026 financial
Statements and budget actuals to
[19:39] our march 2026 financial
Statements and budget actuals to
Date.
[19:39] statements and budget actuals to
Date.
Our ceo will provide a budget
[19:43] date.
Our ceo will provide a budget
Development update, and then we
[19:45] our ceo will provide a budget
Development update, and then we
Will speak to some system
[19:47] development update, and then we
Will speak to some system
Transformation and partnership
[19:49] will speak to some system
Transformation and partnership
Updates from the three entities.
[19:51] transformation and partnership
Updates from the three entities.
With that, I‘m going to hand it
[19:52] updates from the three entities.
With that, I‘m going to hand it
Over to our board chair,
[19:55] with that, I‘m going to hand it
Over to our board chair,
Jeronimo rodriguez.
[19:56] over to our board chair,
Jeronimo rodriguez.
>> thank you.
[19:56] jeronimo rodriguez.
>> thank you.
Thank you.
[19:57] >> thank you.
Thank you.
First, I‘d like to recognize
[19:59] thank you.
First, I‘d like to recognize
Alyssa may, who is sitting to my
[20:00] first, I‘d like to recognize
Alyssa may, who is sitting to my
Right here as the vice chair of
[20:02] alyssa may, who is sitting to my
Right here as the vice chair of
The central health board of
[20:03] right here as the vice chair of
The central health board of
Managers, who‘s here with us
[20:05] the central health board of
Managers, who‘s here with us
Today.
[20:07] managers, who‘s here with us
Today.
And managers, it was really I‘m
[20:09] today.
And managers, it was really I‘m
Sorry, commissioners.
[20:10] and managers, it was really I‘m
Sorry, commissioners.
I‘m used to managers.
[20:13] sorry, commissioners.
I‘m used to managers.
Commissioner, it was really good
[20:14] I‘m used to managers.
Commissioner, it was really good
To see you all at the state of
[20:16] commissioner, it was really good
To see you all at the state of
County address.
[20:17] to see you all at the state of
County address.
And then commissioner howard
[20:20] county address.
And then commissioner howard
Jeff travillion.
[20:20] and then commissioner howard
Jeff travillion.
It was good.
[20:21] jeff travillion.
It was good.
It was good to see you all.
[20:22] it was good.
It was good to see you all.
And thank you for co-hosting the
[20:24] it was good to see you all.
And thank you for co-hosting the
Community conversations with us
[20:25] and thank you for co-hosting the
Community conversations with us
In your precincts.
[20:26] community conversations with us
In your precincts.
And then thank you, commissioner
[20:28] in your precincts.
And then thank you, commissioner
Schaffer, speaking at our
[20:29] and then thank you, commissioner
Schaffer, speaking at our
Hancock phase one event.
[20:31] schaffer, speaking at our
Hancock phase one event.
That was a lot of fun and
[20:33] hancock phase one event.
That was a lot of fun and
Commissioner gomez.
[20:34] that was a lot of fun and
Commissioner gomez.
We look forward to co-hosting
[20:35] commissioner gomez.
We look forward to co-hosting
The community conversation
[20:37] we look forward to co-hosting
The community conversation
Tonight at the montopolis
[20:39] the community conversation
Tonight at the montopolis
Recreation and on community.
[20:43] tonight at the montopolis
Recreation and on community.
I‘m sorry, the montopolis
[20:47] recreation and on community.
I‘m sorry, the montopolis
Recreation and community center
[20:49] I‘m sorry, the montopolis
Recreation and community center
This quarter, the board of
[20:52] recreation and community center
This quarter, the board of
Managers has continued their
[20:54] this quarter, the board of
Managers has continued their
Work on board governance.
[20:56] managers has continued their
Work on board governance.
We have a brief update regarding
[20:59] work on board governance.
We have a brief update regarding
Our role of insite oversight and
[21:02] we have a brief update regarding
Our role of insite oversight and
Foresight.
[21:02] our role of insite oversight and
Foresight.
We continue to work on our
[21:05] foresight.
We continue to work on our
Governance regarding.
[21:06] we continue to work on our
Governance regarding.
Well, we just completed our
[21:09] governance regarding.
Well, we just completed our
Second retreat, working to
[21:10] well, we just completed our
Second retreat, working to
Further unify the board and
[21:13] second retreat, working to
Further unify the board and
Build trust throughout the
[21:14] further unify the board and
Build trust throughout the
Health health care system.
[21:15] build trust throughout the
Health health care system.
As part of our strategic
[21:18] health health care system.
As part of our strategic
Planning process.
[21:18] as part of our strategic
Planning process.
During our retreat, we work to
[21:22] planning process.
During our retreat, we work to
Start the work of updating our
[21:24] during our retreat, we work to
Start the work of updating our
Mission, vision, and values and
[21:25] start the work of updating our
Mission, vision, and values and
Some of the things that came up.
[21:26] mission, vision, and values and
Some of the things that came up.
There were themes that you‘re
[21:29] some of the things that came up.
There were themes that you‘re
Very familiar with, recognizing
[21:30] there were themes that you‘re
Very familiar with, recognizing
The dignity and respect of every
[21:33] very familiar with, recognizing
The dignity and respect of every
Single person accountability,
[21:35] the dignity and respect of every
Single person accountability,
Transparency, and
[21:36] single person accountability,
Transparency, and
Responsibility.
[21:36] transparency, and
Responsibility.
The other part of our retreat
[21:38] responsibility.
The other part of our retreat
That I wanted to share is we we
[21:41] the other part of our retreat
That I wanted to share is we we
Have been using what‘s called
[21:43] that I wanted to share is we we
Have been using what‘s called
The choice to trust model, and
[21:45] have been using what‘s called
The choice to trust model, and
It has four parts, which are
[21:47] the choice to trust model, and
It has four parts, which are
Important, I think, for us as we
[21:48] it has four parts, which are
Important, I think, for us as we
Continue to, to build unity and,
[21:51] important, I think, for us as we
Continue to, to build unity and,
And, and our governance, one is
[21:53] continue to, to build unity and,
And, and our governance, one is
Around competence.
[21:54] and, and our governance, one is
Around competence.
I know I can do this.
[21:57] around competence.
I know I can do this.
I don‘t know if I can do that.
[22:00] I know I can do this.
I don‘t know if I can do that.
The willingness to say that we
[22:02] I don‘t know if I can do that.
The willingness to say that we
Don‘t know what we‘re doing or
[22:03] the willingness to say that we
Don‘t know what we‘re doing or
What we‘re about to do, and the
[22:06] don‘t know what we‘re doing or
What we‘re about to do, and the
Competency trust that goes along
[22:08] what we‘re about to do, and the
Competency trust that goes along
With that, with all the deep
[22:10] competency trust that goes along
With that, with all the deep
Subject matter expertise that we
[22:11] with that, with all the deep
Subject matter expertise that we
Have at central health caring
[22:13] subject matter expertise that we
Have at central health caring
That we‘re all in this together,
[22:14] have at central health caring
That we‘re all in this together,
Making sure that people
[22:16] that we‘re all in this together,
Making sure that people
Understand that we care about
[22:17] making sure that people
Understand that we care about
Them, and we‘re doing the work
[22:19] understand that we care about
Them, and we‘re doing the work
Together.
[22:20] them, and we‘re doing the work
Together.
The third one, there‘s four of
[22:21] together.
The third one, there‘s four of
Them.
[22:21] the third one, there‘s four of
Them.
Sincerity is one around.
[22:23] them.
Sincerity is one around.
I mean, what I say, say what I
[22:25] sincerity is one around.
I mean, what I say, say what I
Mean and act accordingly, making
[22:27] I mean, what I say, say what I
Mean and act accordingly, making
Sure that we are building that
[22:28] mean and act accordingly, making
Sure that we are building that
That trust around sincerity.
[22:30] sure that we are building that
That trust around sincerity.
And the fourth one is around
[22:32] that trust around sincerity.
And the fourth one is around
Reliability, that you can count
[22:33] and the fourth one is around
Reliability, that you can count
On me to deliver what I promise.
[22:35] reliability, that you can count
On me to deliver what I promise.
And again, this was based on
[22:37] on me to deliver what I promise.
And again, this was based on
Trust model and kind of taking
[22:39] and again, this was based on
Trust model and kind of taking
Accountability recognition for,
[22:40] trust model and kind of taking
Accountability recognition for,
For each of our own behaviors.
[22:44] accountability recognition for,
For each of our own behaviors.
I also wanted to share that we
[22:48] for each of our own behaviors.
I also wanted to share that we
Continue to work.
[22:49] I also wanted to share that we
Continue to work.
Last quarter, I updated us on an
[22:51] continue to work.
Last quarter, I updated us on an
Update of our work in the
[22:52] last quarter, I updated us on an
Update of our work in the
Following areas, and I‘m happy
[22:53] update of our work in the
Following areas, and I‘m happy
To share that our work continues
[22:55] following areas, and I‘m happy
To share that our work continues
Around a plan to update the
[22:57] to share that our work continues
Around a plan to update the
Strategic plan, the community
[22:58] around a plan to update the
Strategic plan, the community
Health needs assessment by the
[22:59] strategic plan, the community
Health needs assessment by the
End of the year.
[22:59] health needs assessment by the
End of the year.
A plan to complete our
[23:01] end of the year.
A plan to complete our
Comprehensive facilities plan
[23:03] a plan to complete our
Comprehensive facilities plan
Monitoring implementation of the
[23:04] comprehensive facilities plan
Monitoring implementation of the
System transformation
[23:06] monitoring implementation of the
System transformation
Resolution, and obviously, the
[23:07] system transformation
Resolution, and obviously, the
Fy 27 budget development that
[23:09] resolution, and obviously, the
Fy 27 budget development that
Will culminate with a
[23:11] fy 27 budget development that
Will culminate with a
Presentation and a vote from you
[23:13] will culminate with a
Presentation and a vote from you
All.
[23:13] presentation and a vote from you
All.
I‘m going to turn it over now to
[23:16] all.
I‘m going to turn it over now to
Doctor lee.
[23:16] I‘m going to turn it over now to
Doctor lee.
And thank you again for the
[23:18] doctor lee.
And thank you again for the
Opportunity to provide this
[23:19] and thank you again for the
Opportunity to provide this
Update.
[23:19] opportunity to provide this
Update.
>> thank you, chair.
[23:21] update.
>> thank you, chair.
Good afternoon, commissioners
[23:23] >> thank you, chair.
Good afternoon, commissioners
Gomez, howard, seh and
[23:25] good afternoon, commissioners
Gomez, howard, seh and
Travillion.
[23:25] gomez, howard, seh and
Travillion.
It‘s really an honor to be with
[23:26] travillion.
It‘s really an honor to be with
All of you.
[23:27] it‘s really an honor to be with
All of you.
And I too, want to begin with a
[23:28] all of you.
And I too, want to begin with a
Huge thank you for all of your
[23:30] and I too, want to begin with a
Huge thank you for all of your
Leadership, continued engagement
[23:32] huge thank you for all of your
Leadership, continued engagement
With central health over these
[23:34] leadership, continued engagement
With central health over these
Past several months since we‘ve
[23:35] with central health over these
Past several months since we‘ve
Been together at our community
[23:37] past several months since we‘ve
Been together at our community
Conversations and multiple other
[23:38] been together at our community
Conversations and multiple other
Events.
[23:38] conversations and multiple other
Events.
Commissioner howard and
[23:41] events.
Commissioner howard and
Travillion, you‘ve both been
[23:42] commissioner howard and
Travillion, you‘ve both been
Wonderful hosts at our community
[23:44] travillion, you‘ve both been
Wonderful hosts at our community
Conversations.
[23:44] wonderful hosts at our community
Conversations.
We really appreciate that.
[23:46] conversations.
We really appreciate that.
And commissioner gomez, we are
[23:47] we really appreciate that.
And commissioner gomez, we are
Honored to be with you this
[23:48] and commissioner gomez, we are
Honored to be with you this
Evening.
[23:48] honored to be with you this
Evening.
Thank you for hosting us.
[23:49] evening.
Thank you for hosting us.
I also want to thank judge brown
[23:54] thank you for hosting us.
I also want to thank judge brown
And commissioner howard staff
[23:55] I also want to thank judge brown
And commissioner howard staff
For joining us together with
[23:58] and commissioner howard staff
For joining us together with
Central health and integral
[23:59] for joining us together with
Central health and integral
Care, on our recent visit to
[24:00] central health and integral
Care, on our recent visit to
Salt lake city last month to
[24:02] care, on our recent visit to
Salt lake city last month to
Tour the huntsman mental health
[24:04] salt lake city last month to
Tour the huntsman mental health
Crisis center and meet with salt
[24:06] tour the huntsman mental health
Crisis center and meet with salt
Lake county mayor jenny wilson.
[24:08] crisis center and meet with salt
Lake county mayor jenny wilson.
That visit was very helpful as
[24:09] lake county mayor jenny wilson.
That visit was very helpful as
We consider next steps to
[24:11] that visit was very helpful as
We consider next steps to
Advance mental health diversion
[24:12] we consider next steps to
Advance mental health diversion
Care here in travis county and
[24:15] advance mental health diversion
Care here in travis county and
Commissioner shea.
[24:15] care here in travis county and
Commissioner shea.
I want to also thank you.
[24:16] commissioner shea.
I want to also thank you.
I know we‘ll be together on june
[24:17] I want to also thank you.
I know we‘ll be together on june
11th in precinct two.
[24:19] I know we‘ll be together on june
11th in precinct two.
I‘m looking forward to that.
[24:20] 11th in precinct two.
I‘m looking forward to that.
Also want to thank you,
[24:22] I‘m looking forward to that.
Also want to thank you,
Commissioner, for being with us.
[24:24] also want to thank you,
Commissioner, for being with us.
Last month as we opened our our
[24:28] commissioner, for being with us.
Last month as we opened our our
New phase one of our brand new
[24:30] last month as we opened our our
New phase one of our brand new
Hancock headquarters site and
[24:32] new phase one of our brand new
Hancock headquarters site and
Saw our first patients at david
[24:34] hancock headquarters site and
Saw our first patients at david
Powell health center, hancock in
[24:36] saw our first patients at david
Powell health center, hancock in
A in a space that is beautiful
[24:37] powell health center, hancock in
A in a space that is beautiful
And dignified and I think
[24:39] a in a space that is beautiful
And dignified and I think
Reflects the quality of care
[24:41] and dignified and I think
Reflects the quality of care
That has always been received in
[24:42] reflects the quality of care
That has always been received in
That in that practice.
[24:44] that has always been received in
That in that practice.
But now the the space reflects
[24:46] that in that practice.
But now the the space reflects
That as well.
[24:46] but now the the space reflects
That as well.
Points to potential health is
[24:48] that as well.
Points to potential health is
Going.
[24:49] points to potential health is
Going.
I know doctor yagoda, actually
[24:51] going.
I know doctor yagoda, actually
My colleague tara trower will
[24:54] I know doctor yagoda, actually
My colleague tara trower will
Share more details later.
[24:55] my colleague tara trower will
Share more details later.
But this is a major milestone
[24:56] share more details later.
But this is a major milestone
For us for the patients we serve
[24:58] but this is a major milestone
For us for the patients we serve
And for the future of our care
[25:00] for us for the patients we serve
And for the future of our care
In travis county.
[25:01] and for the future of our care
In travis county.
Looking ahead, we‘re excited to
[25:03] in travis county.
Looking ahead, we‘re excited to
Celebrate another major
[25:04] looking ahead, we‘re excited to
Celebrate another major
Milestone this saturday.
[25:06] celebrate another major
Milestone this saturday.
Together with you, commissioner
[25:07] milestone this saturday.
Together with you, commissioner
Travillion.
[25:08] together with you, commissioner
Travillion.
As we celebrate the
[25:09] travillion.
As we celebrate the
Groundbreaking of our new colony
[25:11] as we celebrate the
Groundbreaking of our new colony
Park health and wellness center,
[25:12] groundbreaking of our new colony
Park health and wellness center,
Which will expand after quite
[25:14] park health and wellness center,
Which will expand after quite
Some time, keeping a promise to
[25:17] which will expand after quite
Some time, keeping a promise to
Expand access to care and
[25:19] some time, keeping a promise to
Expand access to care and
Community resources in northeast
[25:20] expand access to care and
Community resources in northeast
Travis county.
[25:21] community resources in northeast
Travis county.
Really important work, so I just
[25:23] travis county.
Really important work, so I just
Want to make sure to to start
[25:25] really important work, so I just
Want to make sure to to start
With gratitude for the many ways
[25:27] want to make sure to to start
With gratitude for the many ways
Each of you are leading in our
[25:28] with gratitude for the many ways
Each of you are leading in our
Community and partnering with us
[25:30] each of you are leading in our
Community and partnering with us
In this important work.
[25:32] community and partnering with us
In this important work.
We‘re also aware that you‘ve
[25:33] in this important work.
We‘re also aware that you‘ve
Asked us to share data on key
[25:36] we‘re also aware that you‘ve
Asked us to share data on key
Metrics that demonstrate central
[25:37] asked us to share data on key
Metrics that demonstrate central
Health‘s growth.
[25:38] metrics that demonstrate central
Health‘s growth.
You‘ve referred to a delta
[25:40] health‘s growth.
You‘ve referred to a delta
Report several times.
[25:41] you‘ve referred to a delta
Report several times.
Commissioner travillion.
[25:43] report several times.
Commissioner travillion.
We want to know that you were
[25:44] commissioner travillion.
We want to know that you were
Listening carefully, and we‘re
[25:45] we want to know that you were
Listening carefully, and we‘re
Going to begin by walking
[25:46] listening carefully, and we‘re
Going to begin by walking
Through a couple of graphs that
[25:48] going to begin by walking
Through a couple of graphs that
Help tell that story.
[25:49] through a couple of graphs that
Help tell that story.
So this is the first graph.
[25:51] help tell that story.
So this is the first graph.
It‘s a data on coverage
[25:55] so this is the first graph.
It‘s a data on coverage
Enrollment over multiple years
[25:57] it‘s a data on coverage
Enrollment over multiple years
From 2018 to present in the last
[26:00] enrollment over multiple years
From 2018 to present in the last
Year, a medical access program
[26:01] from 2018 to present in the last
Year, a medical access program
Grew by about 7% from about
[26:05] year, a medical access program
Grew by about 7% from about
59,000 enrollees to 63,000
[26:08] grew by about 7% from about
59,000 enrollees to 63,000
Enrollees.
[26:08] 59,000 enrollees to 63,000
Enrollees.
Those are 24 to 25 numbers.
[26:10] enrollees.
Those are 24 to 25 numbers.
But since 2021 to 2025, we‘ve
[26:14] those are 24 to 25 numbers.
But since 2021 to 2025, we‘ve
Seen a 34% growth from 47,000
[26:18] but since 2021 to 2025, we‘ve
Seen a 34% growth from 47,000
Members to 63,000 members.
[26:20] seen a 34% growth from 47,000
Members to 63,000 members.
One note this is our map program
[26:22] members to 63,000 members.
One note this is our map program
Only, not our map basic program,
[26:25] one note this is our map program
Only, not our map basic program,
Which has another approximately
[26:27] only, not our map basic program,
Which has another approximately
40 50,000 patients in it.
[26:29] which has another approximately
40 50,000 patients in it.
We‘re still working to
[26:31] 40 50,000 patients in it.
We‘re still working to
Deduplicate that data, and we‘ll
[26:32] we‘re still working to
Deduplicate that data, and we‘ll
Report it out to the court.
[26:33] deduplicate that data, and we‘ll
Report it out to the court.
Once you make sure the data are
[26:35] report it out to the court.
Once you make sure the data are
Absolutely clean.
[26:36] once you make sure the data are
Absolutely clean.
Although it‘s not pictured on
[26:38] absolutely clean.
Although it‘s not pictured on
This graph, we‘ve also seen
[26:40] although it‘s not pictured on
This graph, we‘ve also seen
Nearly 3% growth in our
[26:43] this graph, we‘ve also seen
Nearly 3% growth in our
Medicaid, medicare chip and
[26:44] nearly 3% growth in our
Medicaid, medicare chip and
Commercial insurance patients in
[26:45] medicaid, medicare chip and
Commercial insurance patients in
Our clinics.
[26:46] commercial insurance patients in
Our clinics.
That‘s an increase of about 5000
[26:48] our clinics.
That‘s an increase of about 5000
Patients.
[26:48] that‘s an increase of about 5000
Patients.
And sendero health plans have
[26:50] patients.
And sendero health plans have
Grown by about 35% over the last
[26:54] and sendero health plans have
Grown by about 35% over the last
Year.
[26:54] grown by about 35% over the last
Year.
Next slide please.
[26:56] year.
Next slide please.
This second graph shows the
[26:59] next slide please.
This second graph shows the
Number of patients we are
[27:00] this second graph shows the
Number of patients we are
Serving in travis county.
[27:01] number of patients we are
Serving in travis county.
Same time frame as the previous
[27:04] serving in travis county.
Same time frame as the previous
Graph.
[27:04] same time frame as the previous
Graph.
And as you can see in the last
[27:06] graph.
And as you can see in the last
Year, we served nearly 184,000
[27:09] and as you can see in the last
Year, we served nearly 184,000
Patients, a little more than a
[27:12] year, we served nearly 184,000
Patients, a little more than a
7% increase over 2024.
[27:14] patients, a little more than a
7% increase over 2024.
And then comparing to 2021, the
[27:17] 7% increase over 2024.
And then comparing to 2021, the
Total number of patients
[27:18] and then comparing to 2021, the
Total number of patients
Increased by 25% from.
[27:24] total number of patients
Increased by 25% from.
147,000 to 184,000.
[27:24] increased by 25% from.
147,000 to 184,000.
So this this growth in number of
[27:27] 147,000 to 184,000.
So this this growth in number of
Patients, also part of a broader
[27:29] so this this growth in number of
Patients, also part of a broader
Trend when you look at primary
[27:30] patients, also part of a broader
Trend when you look at primary
Care visits across central
[27:32] trend when you look at primary
Care visits across central
Health network, those have also
[27:33] care visits across central
Health network, those have also
Grown by 34% since 2021.
[27:36] health network, those have also
Grown by 34% since 2021.
Now we know that increasing
[27:38] grown by 34% since 2021.
Now we know that increasing
Access to care is not just about
[27:39] now we know that increasing
Access to care is not just about
More appointments.
[27:41] access to care is not just about
More appointments.
It‘s also making care easier to
[27:43] more appointments.
It‘s also making care easier to
Reach, navigate, and use.
[27:45] it‘s also making care easier to
Reach, navigate, and use.
Some examples of that include
[27:48] reach, navigate, and use.
Some examples of that include
Medication delivery that we now
[27:49] some examples of that include
Medication delivery that we now
Offer within the meds to you.
[27:51] medication delivery that we now
Offer within the meds to you.
For qualifying patients.
[27:53] offer within the meds to you.
For qualifying patients.
We also help provide
[27:54] for qualifying patients.
We also help provide
Transportation to appointments
[27:56] we also help provide
Transportation to appointments
With partners like capmetro and
[27:58] transportation to appointments
With partners like capmetro and
Lyft, and we do this for many of
[28:00] with partners like capmetro and
Lyft, and we do this for many of
Our patients.
[28:01] lyft, and we do this for many of
Our patients.
We can serve patients in any
[28:03] our patients.
We can serve patients in any
Language, and we offer evening
[28:05] we can serve patients in any
Language, and we offer evening
And saturday hours for a number
[28:06] language, and we offer evening
And saturday hours for a number
Of our services.
[28:08] and saturday hours for a number
Of our services.
And finally, we have recently
[28:10] of our services.
And finally, we have recently
Piloted several educational
[28:12] and finally, we have recently
Piloted several educational
Programs at our rosa zaragoza
[28:14] piloted several educational
Programs at our rosa zaragoza
Clinic for patients living with
[28:15] programs at our rosa zaragoza
Clinic for patients living with
Chronic illnesses such as
[28:17] clinic for patients living with
Chronic illnesses such as
Diabetes, kidney disease, and
[28:18] chronic illnesses such as
Diabetes, kidney disease, and
Congestive heart failure.
[28:19] diabetes, kidney disease, and
Congestive heart failure.
I want to highlight these for a
[28:21] congestive heart failure.
I want to highlight these for a
Moment.
[28:21] I want to highlight these for a
Moment.
These programs are designed to
[28:22] moment.
These programs are designed to
Make care easier to navigate by
[28:25] these programs are designed to
Make care easier to navigate by
Bringing multiple members of the
[28:26] make care easier to navigate by
Bringing multiple members of the
Care team together in one visit,
[28:29] bringing multiple members of the
Care team together in one visit,
Patients may see their provider,
[28:31] care team together in one visit,
Patients may see their provider,
Their nurse, their pharmacist,
[28:33] patients may see their provider,
Their nurse, their pharmacist,
And their diabetes educator
[28:34] their nurse, their pharmacist,
And their diabetes educator
During the same appointment.
[28:35] and their diabetes educator
During the same appointment.
Instead of having to return
[28:37] during the same appointment.
Instead of having to return
Multiple times, we also launched
[28:39] instead of having to return
Multiple times, we also launched
A chronic kidney chronic kidney
[28:42] multiple times, we also launched
A chronic kidney chronic kidney
Disease day program in may for
[28:45] a chronic kidney chronic kidney
Disease day program in may for
Patients where our launch
[28:46] disease day program in may for
Patients where our launch
Cohort, all of whom provided
[28:48] patients where our launch
Cohort, all of whom provided
Great feedback.
[28:48] cohort, all of whom provided
Great feedback.
One of these patients said this
[28:50] great feedback.
One of these patients said this
Was the best and easiest to
[28:52] one of these patients said this
Was the best and easiest to
Understand education he had
[28:54] was the best and easiest to
Understand education he had
Received on his condition.
[28:55] understand education he had
Received on his condition.
In more than 40 years of
[28:57] received on his condition.
In more than 40 years of
Managing his chronic kidney
[28:58] in more than 40 years of
Managing his chronic kidney
Disease.
[28:58] managing his chronic kidney
Disease.
Our diabetes group classes are
[29:01] disease.
Our diabetes group classes are
Also underway, which serve up to
[29:02] our diabetes group classes are
Also underway, which serve up to
Eight patients per session,
[29:04] also underway, which serve up to
Eight patients per session,
Focusing on practical skills
[29:06] eight patients per session,
Focusing on practical skills
Like nutrition, blood sugar
[29:08] focusing on practical skills
Like nutrition, blood sugar
Management, day to day disease
[29:10] like nutrition, blood sugar
Management, day to day disease
Management and for our patients
[29:11] management, day to day disease
Management and for our patients
With chronic kidney disease or
[29:13] management and for our patients
With chronic kidney disease or
Congestive heart failure.
[29:13] with chronic kidney disease or
Congestive heart failure.
We‘re also building in one on
[29:15] congestive heart failure.
We‘re also building in one on
One education with nurse
[29:18] we‘re also building in one on
One education with nurse
Educators so they can tailor
[29:19] one education with nurse
Educators so they can tailor
That advice to each patient‘s
[29:21] educators so they can tailor
That advice to each patient‘s
Condition and needs.
[29:22] that advice to each patient‘s
Condition and needs.
We know a lot of this work is
[29:24] condition and needs.
We know a lot of this work is
Still emergent, but it‘s exactly
[29:26] we know a lot of this work is
Still emergent, but it‘s exactly
The kind of prevention focused
[29:28] still emergent, but it‘s exactly
The kind of prevention focused
Care that can help our patients
[29:29] the kind of prevention focused
Care that can help our patients
Feel more confident, improve
[29:31] care that can help our patients
Feel more confident, improve
Their health, reduce avoidable
[29:33] feel more confident, improve
Their health, reduce avoidable
Emergency department hospital
[29:35] their health, reduce avoidable
Emergency department hospital
Use in our community, and
[29:37] emergency department hospital
Use in our community, and
Represents whole person care for
[29:39] use in our community, and
Represents whole person care for
Our patients.
[29:40] represents whole person care for
Our patients.
One size fits one as we bring
[29:43] our patients.
One size fits one as we bring
Those islands of care together.
[29:44] one size fits one as we bring
Those islands of care together.
So with that, I want to turn to
[29:47] those islands of care together.
So with that, I want to turn to
The next slide as I begin.
[29:50] so with that, I want to turn to
The next slide as I begin.
I‘m sorry.
[29:50] the next slide as I begin.
I‘m sorry.
As I hand over to j.p. And
[29:53] I‘m sorry.
As I hand over to j.p. And
Justine to give us a preview.
[29:54] as I hand over to j.p. And
Justine to give us a preview.
>> please, before you hand it
[29:56] justine to give us a preview.
>> please, before you hand it
Over, I asked you a question
[29:59] >> please, before you hand it
Over, I asked you a question
Publicly last time, so I want to
[30:01] over, I asked you a question
Publicly last time, so I want to
Thank you publicly for
[30:03] publicly last time, so I want to
Thank you publicly for
Responding.
[30:03] thank you publicly for
Responding.
Asked you about how we could
[30:07] responding.
Asked you about how we could
Identify the locations for all
[30:09] asked you about how we could
Identify the locations for all
Of the clinics, and then the
[30:11] identify the locations for all
Of the clinics, and then the
Busses and other apparatus that
[30:13] of the clinics, and then the
Busses and other apparatus that
Could get people to those
[30:15] busses and other apparatus that
Could get people to those
Locations.
[30:15] could get people to those
Locations.
Your team sent that to us.
[30:17] locations.
Your team sent that to us.
It is now up on our facebook
[30:19] your team sent that to us.
It is now up on our facebook
Site, but we appreciate making
[30:24] it is now up on our facebook
Site, but we appreciate making
Things easier for the community.
[30:26] site, but we appreciate making
Things easier for the community.
And I‘d like to talk to you
[30:27] things easier for the community.
And I‘d like to talk to you
About in the future.
[30:28] and I‘d like to talk to you
About in the future.
It‘s good to know that we can
[30:30] about in the future.
It‘s good to know that we can
Get there with public
[30:32] it‘s good to know that we can
Get there with public
Transportation, but sometimes
[30:35] get there with public
Transportation, but sometimes
Some of our elderly community
[30:37] transportation, but sometimes
Some of our elderly community
Might be a little apprehensive
[30:39] some of our elderly community
Might be a little apprehensive
About it.
[30:39] might be a little apprehensive
About it.
So I want to talk about how we
[30:41] about it.
So I want to talk about how we
Talk to the public, about
[30:43] so I want to talk about how we
Talk to the public, about
Getting there and what resources
[30:45] talk to the public, about
Getting there and what resources
Like pickup and or, or metro
[30:49] getting there and what resources
Like pickup and or, or metro
Access might be available to
[30:50] like pickup and or, or metro
Access might be available to
Them to make it easier for them
[30:52] access might be available to
Them to make it easier for them
And to begin to educate folks on
[30:54] them to make it easier for them
And to begin to educate folks on
How to use it.
[30:55] and to begin to educate folks on
How to use it.
So thank you for the work that
[30:57] how to use it.
So thank you for the work that
You‘ve put in.
[30:58] so thank you for the work that
You‘ve put in.
You did what you said you were
[30:59] you‘ve put in.
You did what you said you were
Going to do, and we appreciate
[31:00] you did what you said you were
Going to do, and we appreciate
It.
[31:01] going to do, and we appreciate
It.
>> thank you sir.
[31:01] it.
>> thank you sir.
Appreciate you.
[31:02] >> thank you sir.
Appreciate you.
>> and I just have a quick
[31:03] appreciate you.
>> and I just have a quick
Question, and I really want to
[31:04] >> and I just have a quick
Question, and I really want to
Emphasize some of these numbers
[31:06] question, and I really want to
Emphasize some of these numbers
At a time when we‘re we‘re
[31:08] emphasize some of these numbers
At a time when we‘re we‘re
Hearing more and more news about
[31:10] at a time when we‘re we‘re
Hearing more and more news about
Federal funding being cut for
[31:12] hearing more and more news about
Federal funding being cut for
Medicaid and for all kinds of
[31:14] federal funding being cut for
Medicaid and for all kinds of
Services and programs.
[31:15] medicaid and for all kinds of
Services and programs.
You are expanding access through
[31:19] services and programs.
You are expanding access through
Map and increasing the number of
[31:22] you are expanding access through
Map and increasing the number of
Patients you‘re serving.
[31:23] map and increasing the number of
Patients you‘re serving.
And I wanted to make sure I got
[31:24] patients you‘re serving.
And I wanted to make sure I got
The sendero growth number right,
[31:26] and I wanted to make sure I got
The sendero growth number right,
Because these other numbers have
[31:27] the sendero growth number right,
Because these other numbers have
Been from 21 through 25.
[31:29] because these other numbers have
Been from 21 through 25.
Sendero was just since last year
[31:31] been from 21 through 25.
Sendero was just since last year
Correct.
[31:32] sendero was just since last year
Correct.
The growth number.
[31:32] correct.
The growth number.
And what was that?
[31:33] the growth number.
And what was that?
>> 35% since last year.
[31:36] and what was that?
>> 35% since last year.
And about 500% since 2021, I
[31:40] >> 35% since last year.
And about 500% since 2021, I
Believe.
[31:40] and about 500% since 2021, I
Believe.
>> yes.
[31:41] believe.
>> yes.
We started commissioner shea.
[31:43] >> yes.
We started commissioner shea.
We started in 2020 23.
[31:47] we started commissioner shea.
We started in 2020 23.
We were at 6000, and now we‘re
[31:50] we started in 2020 23.
We were at 6000, and now we‘re
Over 35,000.
[31:51] we were at 6000, and now we‘re
Over 35,000.
>> I mean, I just think that‘s
[31:54] over 35,000.
>> I mean, I just think that‘s
Remarkable and should be
[31:55] >> I mean, I just think that‘s
Remarkable and should be
Celebrated because that means
[31:56] remarkable and should be
Celebrated because that means
More people in our community
[31:57] celebrated because that means
More people in our community
Have access to health care and
[31:59] more people in our community
Have access to health care and
Health insurance.
[32:00] have access to health care and
Health insurance.
So congratulations.
[32:02] health insurance.
So congratulations.
That‘s remarkable.
[32:04] so congratulations.
That‘s remarkable.
>> thank you commissioner.
[32:07] that‘s remarkable.
>> thank you commissioner.
All right.
[32:08] >> thank you commissioner.
All right.
So I‘ll hand it over to j.p. And
[32:09] all right.
So I‘ll hand it over to j.p. And
Justine to walk us through some
[32:11] so I‘ll hand it over to j.p. And
Justine to walk us through some
Highlights from our annual
[32:12] justine to walk us through some
Highlights from our annual
Report.
[32:12] highlights from our annual
Report.
>> great.
[32:13] report.
>> great.
Next slide.
[32:13] >> great.
Next slide.
Please.
[32:16] next slide.
Please.
Thank you, commissioners, for
[32:18] please.
Thank you, commissioners, for
Having us here today.
[32:19] thank you, commissioners, for
Having us here today.
It‘s a real privilege to be able
[32:20] having us here today.
It‘s a real privilege to be able
To share with you the central
[32:21] it‘s a real privilege to be able
To share with you the central
Health 2025 annual report.
[32:23] to share with you the central
Health 2025 annual report.
And I believe we brought hard
[32:25] health 2025 annual report.
And I believe we brought hard
Copies for you as well.
[32:26] and I believe we brought hard
Copies for you as well.
The format should immediately
[32:28] copies for you as well.
The format should immediately
Look familiar in comparison to
[32:30] the format should immediately
Look familiar in comparison to
Last year‘s.
[32:31] look familiar in comparison to
Last year‘s.
We used a very similar patient
[32:33] last year‘s.
We used a very similar patient
Focused visual format with
[32:35] we used a very similar patient
Focused visual format with
Large, patient centered photo
[32:37] focused visual format with
Large, patient centered photo
Spreads and the quantifiable
[32:39] large, patient centered photo
Spreads and the quantifiable
Data.
[32:39] spreads and the quantifiable
Data.
The numbers that we‘re just
[32:40] data.
The numbers that we‘re just
Talking about is intertwined
[32:42] the numbers that we‘re just
Talking about is intertwined
With even more real patient and
[32:44] talking about is intertwined
With even more real patient and
Provider stories versus last
[32:45] with even more real patient and
Provider stories versus last
Year.
[32:46] provider stories versus last
Year.
Each spread in the report
[32:48] year.
Each spread in the report
Features a different major
[32:49] each spread in the report
Features a different major
Program element, and the
[32:50] features a different major
Program element, and the
Overarching theme for the 2025
[32:53] program element, and the
Overarching theme for the 2025
Report is system transformation,
[32:55] overarching theme for the 2025
Report is system transformation,
Or more specifically, how we
[32:57] report is system transformation,
Or more specifically, how we
Communitycare sendero health
[32:58] or more specifically, how we
Communitycare sendero health
Plans and central health are
[33:00] communitycare sendero health
Plans and central health are
Becoming one fully integrated
[33:01] plans and central health are
Becoming one fully integrated
Health system.
[33:02] becoming one fully integrated
Health system.
Now.
[33:02] health system.
Now.
Integration in health care can
[33:05] now.
Integration in health care can
Mean a lot of different things.
[33:06] integration in health care can
Mean a lot of different things.
It‘s a really large blanket
[33:07] mean a lot of different things.
It‘s a really large blanket
Term.
[33:08] it‘s a really large blanket
Term.
We can be talking about unifying
[33:10] term.
We can be talking about unifying
Budgets, coordinating continuity
[33:11] we can be talking about unifying
Budgets, coordinating continuity
Of care through seamless
[33:13] budgets, coordinating continuity
Of care through seamless
Operations and the patient
[33:14] of care through seamless
Operations and the patient
Journey.
[33:14] operations and the patient
Journey.
Patient handoffs.
[33:15] journey.
Patient handoffs.
It can mean sharing data so that
[33:17] patient handoffs.
It can mean sharing data so that
We can actually get that
[33:20] it can mean sharing data so that
We can actually get that
Informative picture of a
[33:21] we can actually get that
Informative picture of a
Patient‘s health.
[33:21] informative picture of a
Patient‘s health.
That‘s so critical for driving
[33:23] patient‘s health.
That‘s so critical for driving
Provider decision making.
[33:24] that‘s so critical for driving
Provider decision making.
And it all starts at the outset.
[33:26] provider decision making.
And it all starts at the outset.
Collaborative strategic planning
[33:29] and it all starts at the outset.
Collaborative strategic planning
And solidarity and leadership,
[33:30] collaborative strategic planning
And solidarity and leadership,
Something I think our system has
[33:32] and solidarity and leadership,
Something I think our system has
Really exemplified in the last
[33:33] something I think our system has
Really exemplified in the last
Year as we‘ve learned to work
[33:34] really exemplified in the last
Year as we‘ve learned to work
More closely together.
[33:35] year as we‘ve learned to work
More closely together.
For us, specifically in 2025, it
[33:38] more closely together.
For us, specifically in 2025, it
Looks like these bullets that
[33:39] for us, specifically in 2025, it
Looks like these bullets that
You see here on the slides, a
[33:41] looks like these bullets that
You see here on the slides, a
Unified $1.1 billion budget with
[33:43] you see here on the slides, a
Unified $1.1 billion budget with
Community care and central
[33:44] unified $1.1 billion budget with
Community care and central
Health, seamless transition and
[33:47] community care and central
Health, seamless transition and
Coverage between central health
[33:48] health, seamless transition and
Coverage between central health
And sendero health plans.
[33:49] coverage between central health
And sendero health plans.
So, for instance, when a patient
[33:51] and sendero health plans.
So, for instance, when a patient
Has a very complex medical
[33:53] so, for instance, when a patient
Has a very complex medical
Condition and may not have all
[33:54] has a very complex medical
Condition and may not have all
Of their needs met by map or map
[33:56] condition and may not have all
Of their needs met by map or map
Basic, we can get them on a
[33:58] of their needs met by map or map
Basic, we can get them on a
Sendero health plan where they
[33:59] basic, we can get them on a
Sendero health plan where they
Can get that coverage.
[34:00] sendero health plan where they
Can get that coverage.
Things like cancer or organ
[34:02] can get that coverage.
Things like cancer or organ
Transplant.
[34:02] things like cancer or organ
Transplant.
It looks like a unified
[34:04] transplant.
It looks like a unified
Electronic health record.
[34:05] it looks like a unified
Electronic health record.
So our shared epic ecosystem
[34:08] electronic health record.
So our shared epic ecosystem
Where we can make sense of each
[34:09] so our shared epic ecosystem
Where we can make sense of each
Other‘s data and use that to
[34:11] where we can make sense of each
Other‘s data and use that to
Guide the patient journey and
[34:12] other‘s data and use that to
Guide the patient journey and
Our decision making.
[34:13] guide the patient journey and
Our decision making.
And it looks like co-location.
[34:15] our decision making.
And it looks like co-location.
So the shared space at hancock,
[34:16] and it looks like co-location.
So the shared space at hancock,
Which we were just talking about
[34:18] so the shared space at hancock,
Which we were just talking about
Having opened, and soon as we
[34:20] which we were just talking about
Having opened, and soon as we
Move, more supportive and
[34:21] having opened, and soon as we
Move, more supportive and
Administrative staff over there,
[34:22] move, more supportive and
Administrative staff over there,
We‘ll be working together even
[34:23] administrative staff over there,
We‘ll be working together even
More closely in terms of
[34:26] we‘ll be working together even
More closely in terms of
Co-location.
[34:26] more closely in terms of
Co-location.
Next slide please.
[34:29] co-location.
Next slide please.
Central health also continues
[34:31] next slide please.
Central health also continues
The work of trying to end the
[34:32] central health also continues
The work of trying to end the
Opioid addiction crisis and
[34:34] the work of trying to end the
Opioid addiction crisis and
Doing so through trusted
[34:36] opioid addiction crisis and
Doing so through trusted
Partnerships, sustained
[34:37] doing so through trusted
Partnerships, sustained
Investment, evidence based best
[34:39] partnerships, sustained
Investment, evidence based best
Practices and workforce
[34:41] investment, evidence based best
Practices and workforce
Development.
[34:41] practices and workforce
Development.
Our integrated care models bring
[34:43] development.
Our integrated care models bring
Together addiction medicine,
[34:45] our integrated care models bring
Together addiction medicine,
Primary care, behavioral health,
[34:46] together addiction medicine,
Primary care, behavioral health,
As well as outreach so that we
[34:47] primary care, behavioral health,
As well as outreach so that we
Can holistically treat substance
[34:50] as well as outreach so that we
Can holistically treat substance
Use disorder as a chronic a
[34:51] can holistically treat substance
Use disorder as a chronic a
Chronic medical condition, and
[34:53] use disorder as a chronic a
Chronic medical condition, and
Not something stigmatizing, not
[34:55] chronic medical condition, and
Not something stigmatizing, not
A failure on the on the
[34:56] not something stigmatizing, not
A failure on the on the
Patient‘s part, the community
[34:58] a failure on the on the
Patient‘s part, the community
Care, wellness and holistic
[34:59] patient‘s part, the community
Care, wellness and holistic
Addiction medicine, or wam teams
[35:01] care, wellness and holistic
Addiction medicine, or wam teams
Really exemplify this approach
[35:03] addiction medicine, or wam teams
Really exemplify this approach
By pairing clinical expertise
[35:05] really exemplify this approach
By pairing clinical expertise
With that compassionate care and
[35:07] by pairing clinical expertise
With that compassionate care and
Continuity.
[35:07] with that compassionate care and
Continuity.
There are two wam teams
[35:09] continuity.
There are two wam teams
Currently at capital plaza,
[35:10] there are two wam teams
Currently at capital plaza,
Which you see here on the slide,
[35:12] currently at capital plaza,
Which you see here on the slide,
And then another team at
[35:13] which you see here on the slide,
And then another team at
Southeast health and wellness
[35:14] and then another team at
Southeast health and wellness
Center, the thrive by sendero is
[35:17] southeast health and wellness
Center, the thrive by sendero is
Connecting individuals at high
[35:18] center, the thrive by sendero is
Connecting individuals at high
Risk of overdose with medical,
[35:20] connecting individuals at high
Risk of overdose with medical,
Behavioral, health and social
[35:22] risk of overdose with medical,
Behavioral, health and social
Services.
[35:22] behavioral, health and social
Services.
Central health is also expanding
[35:24] services.
Central health is also expanding
Access to higher levels of
[35:26] central health is also expanding
Access to higher levels of
Addiction medicine and substance
[35:28] access to higher levels of
Addiction medicine and substance
Use disorder.
[35:28] addiction medicine and substance
Use disorder.
Care for our map and map b
[35:31] use disorder.
Care for our map and map b
Enrollees through other
[35:32] care for our map and map b
Enrollees through other
Partnerships such as with
[35:33] enrollees through other
Partnerships such as with
Recovery unplugged, karma health
[35:35] partnerships such as with
Recovery unplugged, karma health
And santa maria hostel.
[35:36] recovery unplugged, karma health
And santa maria hostel.
We‘re also building workforce
[35:39] and santa maria hostel.
We‘re also building workforce
Capacity through partnerships
[35:41] we‘re also building workforce
Capacity through partnerships
Like teach oud, which is a
[35:42] capacity through partnerships
Like teach oud, which is a
Partnership with ut farm and
[35:44] like teach oud, which is a
Partnership with ut farm and
Austin public health, which
[35:46] partnership with ut farm and
Austin public health, which
Provides community care sites
[35:48] austin public health, which
Provides community care sites
With free training, technical
[35:50] provides community care sites
With free training, technical
Assistance and coaching.
[35:51] with free training, technical
Assistance and coaching.
And this community collaboration
[35:53] assistance and coaching.
And this community collaboration
Is really important because it
[35:55] and this community collaboration
Is really important because it
Allows us to identify gaps in
[35:56] is really important because it
Allows us to identify gaps in
The care continuum and to really
[35:58] allows us to identify gaps in
The care continuum and to really
Target our resources where
[36:00] the care continuum and to really
Target our resources where
They‘re most needed, precisely
[36:02] target our resources where
They‘re most needed, precisely
When they‘re needed.
[36:02] they‘re most needed, precisely
When they‘re needed.
And this includes the
[36:04] when they‘re needed.
And this includes the
Installation of 25 new naloxone
[36:06] and this includes the
Installation of 25 new naloxone
Distribution machines throughout
[36:08] installation of 25 new naloxone
Distribution machines throughout
Our communities.
[36:09] distribution machines throughout
Our communities.
Now, I‘m going to hand it off to
[36:10] our communities.
Now, I‘m going to hand it off to
Jp to talk a little bit about
[36:12] now, I‘m going to hand it off to
Jp to talk a little bit about
Some of the data points in the
[36:13] jp to talk a little bit about
Some of the data points in the
Annual report.
[36:13] some of the data points in the
Annual report.
Thank you.
[36:14] annual report.
Thank you.
>> capital plaza, the bridge
[36:16] thank you.
>> capital plaza, the bridge
Clinic.
[36:17] >> capital plaza, the bridge
Clinic.
Or is that something different?
[36:18] clinic.
Or is that something different?
>> there are, I think, four
[36:21] or is that something different?
>> there are, I think, four
Different services located in
[36:23] >> there are, I think, four
Different services located in
Capital plaza, including wam and
[36:24] different services located in
Capital plaza, including wam and
The bridge clinic.
[36:24] capital plaza, including wam and
The bridge clinic.
>> okay.
[36:25] the bridge clinic.
>> okay.
Thank you.
[36:27] >> okay.
Thank you.
>> good afternoon.
[36:29] thank you.
>> good afternoon.
I want to briefly take a broader
[36:31] >> good afternoon.
I want to briefly take a broader
System view and recap some of
[36:33] I want to briefly take a broader
System view and recap some of
Our big picture numbers from
[36:35] system view and recap some of
Our big picture numbers from
2025.
[36:35] our big picture numbers from
2025.
Generally, we‘ve continued our
[36:38] 2025.
Generally, we‘ve continued our
Year over year positive growth
[36:40] generally, we‘ve continued our
Year over year positive growth
Of enrolling uninsured and low
[36:41] year over year positive growth
Of enrolling uninsured and low
Income residents in health
[36:43] of enrolling uninsured and low
Income residents in health
Coverage and getting them into
[36:44] income residents in health
Coverage and getting them into
Care.
[36:44] coverage and getting them into
Care.
Additionally, we‘ve seen
[36:47] care.
Additionally, we‘ve seen
Remarkable rebound since the
[36:48] additionally, we‘ve seen
Remarkable rebound since the
Pandemic, despite significant
[36:50] remarkable rebound since the
Pandemic, despite significant
Policy headwinds and slowing
[36:52] pandemic, despite significant
Policy headwinds and slowing
Population growth.
[36:53] policy headwinds and slowing
Population growth.
Our enrollment in patient
[36:55] population growth.
Our enrollment in patient
Volumes are higher than they‘ve
[36:56] our enrollment in patient
Volumes are higher than they‘ve
Ever been.
[36:58] volumes are higher than they‘ve
Ever been.
In 2025, we saw a 7% increase in
[37:01] ever been.
In 2025, we saw a 7% increase in
Map enrollment, representing
[37:02] in 2025, we saw a 7% increase in
Map enrollment, representing
More than 4000 additional
[37:05] map enrollment, representing
More than 4000 additional
Residents.
[37:05] more than 4000 additional
Residents.
Our map basic program
[37:07] residents.
Our map basic program
Experienced 10% year over year
[37:09] our map basic program
Experienced 10% year over year
Growth, an increase of nearly
[37:11] experienced 10% year over year
Growth, an increase of nearly
10,000 new members through
[37:13] growth, an increase of nearly
10,000 new members through
Central health community care
[37:15] 10,000 new members through
Central health community care
And our contracted network.
[37:17] central health community care
And our contracted network.
That includes more than 260
[37:19] and our contracted network.
That includes more than 260
Locations.
[37:20] that includes more than 260
Locations.
We provided care to more than
[37:22] locations.
We provided care to more than
180 thousand people last year,
[37:24] we provided care to more than
180 thousand people last year,
Or one out of every eight travis
[37:26] 180 thousand people last year,
Or one out of every eight travis
County residents.
[37:27] or one out of every eight travis
County residents.
While the number of primary care
[37:30] county residents.
While the number of primary care
Visits, which includes visits at
[37:31] while the number of primary care
Visits, which includes visits at
Community care and contracted
[37:34] visits, which includes visits at
Community care and contracted
Providers such as peoples and
[37:36] community care and contracted
Providers such as peoples and
Lone star circle of care
[37:38] providers such as peoples and
Lone star circle of care
Slightly decreased from last
[37:40] lone star circle of care
Slightly decreased from last
Year.
[37:40] slightly decreased from last
Year.
This is likely due to updates in
[37:42] year.
This is likely due to updates in
How we track and aggregate those
[37:44] this is likely due to updates in
How we track and aggregate those
Counts.
[37:44] how we track and aggregate those
Counts.
Additionally, we started
[37:47] counts.
Additionally, we started
Tracking some new upstream
[37:48] additionally, we started
Tracking some new upstream
Upstream indicators this year,
[37:50] tracking some new upstream
Upstream indicators this year,
Including the number of sendero
[37:52] upstream indicators this year,
Including the number of sendero
Members and the pounds of
[37:53] including the number of sendero
Members and the pounds of
Healthy food distributed to
[37:55] members and the pounds of
Healthy food distributed to
Patients through our mobile
[37:56] healthy food distributed to
Patients through our mobile
Pharmacy program.
[37:57] patients through our mobile
Pharmacy program.
>> I just ask for that.
[37:58] pharmacy program.
>> I just ask for that.
The.
[38:00] >> I just ask for that.
The.
It‘s surprising if you‘re.
[38:02] the.
It‘s surprising if you‘re.
If you‘re seeing such an
[38:03] it‘s surprising if you‘re.
If you‘re seeing such an
Increase in the patients served.
[38:04] if you‘re seeing such an
Increase in the patients served.
But a decrease in primary care
[38:07] increase in the patients served.
But a decrease in primary care
Visits.
[38:07] but a decrease in primary care
Visits.
>> yeah, we believe what we did
[38:10] visits.
>> yeah, we believe what we did
Is we changed to new electronic
[38:13] >> yeah, we believe what we did
Is we changed to new electronic
Tracking of those visits that
[38:15] is we changed to new electronic
Tracking of those visits that
Are actually making them more
[38:16] tracking of those visits that
Are actually making them more
Accurate than in years past.
[38:18] are actually making them more
Accurate than in years past.
So we think we‘re actually right
[38:21] accurate than in years past.
So we think we‘re actually right
Sizing what we were compared to
[38:22] so we think we‘re actually right
Sizing what we were compared to
Previous years.
[38:23] sizing what we were compared to
Previous years.
>> so you wouldn‘t expect to see
[38:24] previous years.
>> so you wouldn‘t expect to see
A decrease in future years
[38:26] >> so you wouldn‘t expect to see
A decrease in future years
Because you‘ve you‘ve better
[38:28] a decrease in future years
Because you‘ve you‘ve better
Calibrated how you‘re tracking
[38:29] because you‘ve you‘ve better
Calibrated how you‘re tracking
It.
[38:29] calibrated how you‘re tracking
It.
>> that‘s correct.
[38:32] it.
>> that‘s correct.
>> one other thing that I might
[38:33] >> that‘s correct.
>> one other thing that I might
Add, the numbers that they are
[38:35] >> one other thing that I might
Add, the numbers that they are
Presenting reflects all of the
[38:36] add, the numbers that they are
Presenting reflects all of the
Primary care.
[38:37] presenting reflects all of the
Primary care.
Although community care is the
[38:38] primary care.
Although community care is the
Largest provider and we have
[38:40] although community care is the
Largest provider and we have
Seen an increase that.
[38:43] largest provider and we have
Seen an increase that.
The numbers may fluctuate in
[38:44] seen an increase that.
The numbers may fluctuate in
Some of the other providers that
[38:48] the numbers may fluctuate in
Some of the other providers that
Are part of the map system, but
[38:49] some of the other providers that
Are part of the map system, but
Not part of the central health
[38:51] are part of the map system, but
Not part of the central health
System.
[38:53] not part of the central health
System.
>> now, I‘d like to pass it back
[38:55] system.
>> now, I‘d like to pass it back
To pat to discuss our budget
[38:57] >> now, I‘d like to pass it back
To pat to discuss our budget
Development.
[38:57] to pat to discuss our budget
Development.
>> okay.
[38:58] development.
>> okay.
Thank you, j.p. Thank you,
[39:01] >> okay.
Thank you, j.p. Thank you,
Justine.
[39:01] thank you, j.p. Thank you,
Justine.
So just a brief update,
[39:03] justine.
So just a brief update,
Commissioners, on where we are
[39:04] so just a brief update,
Commissioners, on where we are
In our budget development
[39:06] commissioners, on where we are
In our budget development
Process.
[39:07] in our budget development
Process.
This is a slide with a lot of
[39:10] process.
This is a slide with a lot of
Detail on it, but this is the
[39:12] this is a slide with a lot of
Detail on it, but this is the
Timeline that we use to track
[39:14] detail on it, but this is the
Timeline that we use to track
Our progress through the run up
[39:16] timeline that we use to track
Our progress through the run up
To the budget.
[39:17] our progress through the run up
To the budget.
And we move through a range of
[39:19] to the budget.
And we move through a range of
Several milestones with each
[39:20] and we move through a range of
Several milestones with each
Step building on the one before
[39:22] several milestones with each
Step building on the one before
It.
[39:22] step building on the one before
It.
So as you see in this calendar,
[39:24] it.
So as you see in this calendar,
We‘ve outlined each phase of
[39:25] so as you see in this calendar,
We‘ve outlined each phase of
That development beginning back
[39:27] we‘ve outlined each phase of
That development beginning back
In march.
[39:28] that development beginning back
In march.
As we touched on our last
[39:30] in march.
As we touched on our last
Presentation, we began with our
[39:31] as we touched on our last
Presentation, we began with our
Board of managers to identify
[39:34] presentation, we began with our
Board of managers to identify
And, and, and confirm the
[39:37] board of managers to identify
And, and, and confirm the
Driving forces that could affect
[39:39] and, and, and confirm the
Driving forces that could affect
Our priorities.
[39:39] driving forces that could affect
Our priorities.
This is the external
[39:41] our priorities.
This is the external
Opportunities and threats that
[39:43] this is the external
Opportunities and threats that
Perhaps we hadn‘t known about
[39:45] opportunities and threats that
Perhaps we hadn‘t known about
When we confirmed our last
[39:46] perhaps we hadn‘t known about
When we confirmed our last
Strategic plan.
[39:47] when we confirmed our last
Strategic plan.
So how do we adjust to the
[39:49] strategic plan.
So how do we adjust to the
Environment around us, ground us
[39:50] so how do we adjust to the
Environment around us, ground us
In a shared understanding of the
[39:53] environment around us, ground us
In a shared understanding of the
External environment.
[39:54] in a shared understanding of the
External environment.
This past month, we then built
[39:56] external environment.
This past month, we then built
On that with our board to
[39:58] this past month, we then built
On that with our board to
Confirm a set of system wide
[40:01] on that with our board to
Confirm a set of system wide
Objectives and key results, or
[40:04] confirm a set of system wide
Objectives and key results, or
Okrs.
[40:04] objectives and key results, or
Okrs.
The central question for okrs is
[40:06] okrs.
The central question for okrs is
What do we want to improve
[40:09] the central question for okrs is
What do we want to improve
Beyond our current performance?
[40:10] what do we want to improve
Beyond our current performance?
So what are we going to focus on
[40:12] beyond our current performance?
So what are we going to focus on
And make better in fy 27?
[40:14] so what are we going to focus on
And make better in fy 27?
The board has now approved for
[40:17] and make better in fy 27?
The board has now approved for
Objectives and nine key results,
[40:19] the board has now approved for
Objectives and nine key results,
Feeding into those four
[40:20] objectives and nine key results,
Feeding into those four
Objectives that will define our
[40:21] feeding into those four
Objectives that will define our
Goals for the coming year.
[40:22] objectives that will define our
Goals for the coming year.
We are now this month in a
[40:24] goals for the coming year.
We are now this month in a
Process of developing system
[40:25] we are now this month in a
Process of developing system
Wide key performance indicators,
[40:27] process of developing system
Wide key performance indicators,
Or kpis, whose purpose is to
[40:29] wide key performance indicators,
Or kpis, whose purpose is to
Help us monitor progress as we
[40:31] or kpis, whose purpose is to
Help us monitor progress as we
Pursue those improvements and
[40:33] help us monitor progress as we
Pursue those improvements and
Also ensure that we sustain
[40:36] pursue those improvements and
Also ensure that we sustain
Performance in vital areas of
[40:38] also ensure that we sustain
Performance in vital areas of
Excellence today.
[40:39] performance in vital areas of
Excellence today.
So we expect these kpis to be
[40:42] excellence today.
So we expect these kpis to be
Finalized and approved by the
[40:42] so we expect these kpis to be
Finalized and approved by the
Board at the end of this month,
[40:44] finalized and approved by the
Board at the end of this month,
And our next quarterly
[40:46] board at the end of this month,
And our next quarterly
Presentation will be able to
[40:47] and our next quarterly
Presentation will be able to
Share a high level overview with
[40:48] presentation will be able to
Share a high level overview with
The court of all the okrs and
[40:52] share a high level overview with
The court of all the okrs and
Kpis for next year.
[40:53] the court of all the okrs and
Kpis for next year.
At the same time, the community
[40:56] kpis for next year.
At the same time, the community
Conversations, each of your
[40:57] at the same time, the community
Conversations, each of your
Precincts are incredibly
[40:58] conversations, each of your
Precincts are incredibly
Important to help inform the
[41:00] precincts are incredibly
Important to help inform the
Priorities reflected in next
[41:01] important to help inform the
Priorities reflected in next
Year‘s budget proposal.
[41:03] priorities reflected in next
Year‘s budget proposal.
There are a number of things
[41:04] year‘s budget proposal.
There are a number of things
We‘re doing now.
[41:04] there are a number of things
We‘re doing now.
For example, the focus on food
[41:07] we‘re doing now.
For example, the focus on food
As medicine and the food
[41:08] for example, the focus on food
As medicine and the food
Pharmacy that we‘re strong
[41:10] as medicine and the food
Pharmacy that we‘re strong
Themes emerging out of a number
[41:11] pharmacy that we‘re strong
Themes emerging out of a number
Of the community conversations
[41:13] themes emerging out of a number
Of the community conversations
In the previous budget year.
[41:15] of the community conversations
In the previous budget year.
Together, all of these steps
[41:16] in the previous budget year.
Together, all of these steps
Inform our financial
[41:18] together, all of these steps
Inform our financial
Forecasting, and the strategic
[41:19] inform our financial
Forecasting, and the strategic
Budget priorities will present
[41:20] forecasting, and the strategic
Budget priorities will present
Later this summer.
[41:21] budget priorities will present
Later this summer.
And thank you for this
[41:22] later this summer.
And thank you for this
Opportunity to provide an update
[41:23] and thank you for this
Opportunity to provide an update
On our process, and we‘ll be
[41:26] opportunity to provide an update
On our process, and we‘ll be
Happy to take any questions on
[41:27] on our process, and we‘ll be
Happy to take any questions on
This as well, or at the end.
[41:29] happy to take any questions on
This as well, or at the end.
And so at this point, I want to
[41:31] this as well, or at the end.
And so at this point, I want to
Shift over to our financials
[41:33] and so at this point, I want to
Shift over to our financials
Portion presentation.
[41:34] shift over to our financials
Portion presentation.
And I‘ll just say, as you heard
[41:36] portion presentation.
And I‘ll just say, as you heard
Us say last quarter, central
[41:38] and I‘ll just say, as you heard
Us say last quarter, central
Health remains financially
[41:40] us say last quarter, central
Health remains financially
Strong.
[41:41] health remains financially
Strong.
And to get into the details of
[41:42] strong.
And to get into the details of
Our fiscal year financials for
[41:45] and to get into the details of
Our fiscal year financials for
This first quarter, I‘ll pass
[41:46] our fiscal year financials for
This first quarter, I‘ll pass
Things over to jeff, our chief
[41:48] this first quarter, I‘ll pass
Things over to jeff, our chief
Financial officer.
[41:49] things over to jeff, our chief
Financial officer.
>> good afternoon,
[41:50] financial officer.
>> good afternoon,
Commissioners.
[41:51] >> good afternoon,
Commissioners.
Jeff chief financial officer
[41:54] commissioners.
Jeff chief financial officer
We‘re presenting financial
[41:56] jeff chief financial officer
We‘re presenting financial
Statements that are in the
[41:58] we‘re presenting financial
Statements that are in the
Appendix.
[41:58] statements that are in the
Appendix.
Balance sheet sources.
[42:01] appendix.
Balance sheet sources.
As of march 2026.
[42:05] balance sheet sources.
As of march 2026.
So this is six months into the
[42:07] as of march 2026.
So this is six months into the
Fiscal year, 50%.
[42:09] so this is six months into the
Fiscal year, 50%.
>> could we just ask you to swap
[42:10] fiscal year, 50%.
>> could we just ask you to swap
Microphones?
[42:11] >> could we just ask you to swap
Microphones?
It‘s a little hard to hear you
[42:12] microphones?
It‘s a little hard to hear you
On that one.
[42:12] it‘s a little hard to hear you
On that one.
I think the.
[42:13] on that one.
I think the.
>> okay.
[42:13] I think the.
>> okay.
>> yeah.
[42:15] >> okay.
>> yeah.
Thank you.
[42:15] >> yeah.
Thank you.
>> thank you.
[42:17] thank you.
>> thank you.
Is that better?
[42:19] >> thank you.
Is that better?
>> yeah, yeah.
[42:19] is that better?
>> yeah, yeah.
>> okay.
[42:20] >> yeah, yeah.
>> okay.
Okay.
[42:22] >> okay.
Okay.
So picking up.
[42:23] okay.
So picking up.
So we‘re in march of 2026,
[42:28] so picking up.
So we‘re in march of 2026,
Halfway through our fiscal year
[42:32] so we‘re in march of 2026,
Halfway through our fiscal year
And just walking through a
[42:33] halfway through our fiscal year
And just walking through a
Couple of highlights.
[42:34] and just walking through a
Couple of highlights.
I‘m going to go off script a
[42:36] couple of highlights.
I‘m going to go off script a
Little bit here.
[42:36] I‘m going to go off script a
Little bit here.
But you know, related to our
[42:39] little bit here.
But you know, related to our
Property tax collections, we‘re
[42:42] but you know, related to our
Property tax collections, we‘re
Currently at $371.5 million,
[42:45] property tax collections, we‘re
Currently at $371.5 million,
Which is on par with last year‘s
[42:48] currently at $371.5 million,
Which is on par with last year‘s
Collection trends.
[42:50] which is on par with last year‘s
Collection trends.
On our balance sheet, there are
[42:52] collection trends.
On our balance sheet, there are
A couple of items our high risk
[42:55] on our balance sheet, there are
A couple of items our high risk
Claims advanced us, and arrow is
[42:58] a couple of items our high risk
Claims advanced us, and arrow is
At.
[42:58] claims advanced us, and arrow is
At.
It‘s stayed flat at $13.2
[43:02] at.
It‘s stayed flat at $13.2
Million.
[43:02] it‘s stayed flat at $13.2
Million.
There are also was on our
[43:04] million.
There are also was on our
Balance sheet down at the
[43:06] there are also was on our
Balance sheet down at the
Bottom, there‘s a reserve called
[43:09] balance sheet down at the
Bottom, there‘s a reserve called
A public health reserve, which
[43:11] bottom, there‘s a reserve called
A public health reserve, which
Is a new reserve that our board
[43:13] a public health reserve, which
Is a new reserve that our board
Of managers has approved in the
[43:15] is a new reserve that our board
Of managers has approved in the
Amount of $12 million.
[43:17] of managers has approved in the
Amount of $12 million.
This is a reciprocal amount held
[43:23] amount of $12 million.
This is a reciprocal amount held
In central health that‘s
[43:24] this is a reciprocal amount held
In central health that‘s
Designated in central health,
[43:25] in central health that‘s
Designated in central health,
That‘s also designated at
[43:28] designated in central health,
That‘s also designated at
Community care and just
[43:29] that‘s also designated at
Community care and just
Represents available funding.
[43:32] community care and just
Represents available funding.
In the event that something
[43:34] represents available funding.
In the event that something
Unforeseen were to happen, that
[43:35] in the event that something
Unforeseen were to happen, that
We could react quickly and have
[43:37] unforeseen were to happen, that
We could react quickly and have
At least 30 days of cash on hand
[43:40] we could react quickly and have
At least 30 days of cash on hand
To start dealing with any
[43:42] at least 30 days of cash on hand
To start dealing with any
Financial implications of that.
[43:45] to start dealing with any
Financial implications of that.
Our direct specialty care
[43:48] financial implications of that.
Our direct specialty care
Services, which is our clinical
[43:50] our direct specialty care
Services, which is our clinical
Practice, and this is a new line
[43:53] services, which is our clinical
Practice, and this is a new line
Over the past few years, is at
[43:59] practice, and this is a new line
Over the past few years, is at
$26.8 million, which is 33% of
[44:00] over the past few years, is at
$26.8 million, which is 33% of
Our year to date budget,
[44:03] $26.8 million, which is 33% of
Our year to date budget,
Significant increase from last
[44:05] our year to date budget,
Significant increase from last
Year of $10.3 million.
[44:08] significant increase from last
Year of $10.3 million.
There are a few of the specialty
[44:12] year of $10.3 million.
There are a few of the specialty
Care lines that have just begun,
[44:17] there are a few of the specialty
Care lines that have just begun,
What I‘ll call ramping up.
[44:19] care lines that have just begun,
What I‘ll call ramping up.
So in other words, they‘re just
[44:20] what I‘ll call ramping up.
So in other words, they‘re just
Kind of starting and seeing
[44:23] so in other words, they‘re just
Kind of starting and seeing
Larger increases of patients.
[44:25] kind of starting and seeing
Larger increases of patients.
Those include endocrinology,
[44:29] larger increases of patients.
Those include endocrinology,
Rheumatology, and physical
[44:31] those include endocrinology,
Rheumatology, and physical
Therapy.
[44:31] rheumatology, and physical
Therapy.
One of the challenges that we‘ve
[44:34] therapy.
One of the challenges that we‘ve
Had in our specialty care
[44:36] one of the challenges that we‘ve
Had in our specialty care
Practice is neurology and just
[44:38] had in our specialty care
Practice is neurology and just
The ability to hire a
[44:41] practice is neurology and just
The ability to hire a
Neurologist that that has been a
[44:43] the ability to hire a
Neurologist that that has been a
Big challenge related to our
[44:47] neurologist that that has been a
Big challenge related to our
Network.
[44:47] big challenge related to our
Network.
>> what is that specialty?
[44:48] network.
>> what is that specialty?
New.
[44:48] >> what is that specialty?
New.
>> neurology.
[44:50] new.
>> neurology.
>> neurology.
[44:51] >> neurology.
>> neurology.
>> all right.
[44:51] >> neurology.
>> all right.
Oh.
[44:51] >> all right.
Oh.
>> I‘m sorry, I misunderstood.
[44:52] oh.
>> I‘m sorry, I misunderstood.
That‘s all right.
[44:53] >> I‘m sorry, I misunderstood.
That‘s all right.
>> one of the things that‘s an
[44:58] that‘s all right.
>> one of the things that‘s an
Important element of specialty
[44:59] >> one of the things that‘s an
Important element of specialty
Care is just provider
[45:02] important element of specialty
Care is just provider
Recruitment.
[45:03] care is just provider
Recruitment.
And we have a number of hires
[45:05] recruitment.
And we have a number of hires
That are in transit.
[45:10] and we have a number of hires
That are in transit.
Just briefly mentioning what
[45:12] that are in transit.
Just briefly mentioning what
Those are.
[45:12] just briefly mentioning what
Those are.
Three gastroenterologists, two
[45:17] those are.
Three gastroenterologists, two
Psychiatrists, three
[45:20] three gastroenterologists, two
Psychiatrists, three
Podiatrists.
[45:20] psychiatrists, three
Podiatrists.
And we in our pulmonology
[45:24] podiatrists.
And we in our pulmonology
Service line, we‘ve begun sleep
[45:27] and we in our pulmonology
Service line, we‘ve begun sleep
Studies and having those
[45:29] service line, we‘ve begun sleep
Studies and having those
Internal we think is is a great
[45:31] studies and having those
Internal we think is is a great
Service for our patients instead
[45:33] internal we think is is a great
Service for our patients instead
Of contracting for that primary
[45:37] service for our patients instead
Of contracting for that primary
Care services are increased to
[45:42] of contracting for that primary
Care services are increased to
$49.9 million year to date, this
[45:43] care services are increased to
$49.9 million year to date, this
Is 48% of the budget, up 12.3
[45:47] $49.9 million year to date, this
Is 48% of the budget, up 12.3
Million from last year.
[45:49] is 48% of the budget, up 12.3
Million from last year.
Behavioral health is at $14.8
[45:54] million from last year.
Behavioral health is at $14.8
Million, which is 37% of the
[45:56] behavioral health is at $14.8
Million, which is 37% of the
Budget.
[45:58] million, which is 37% of the
Budget.
Opioid abatement expenses at
[46:02] budget.
Opioid abatement expenses at
172,000 this month, 488,000 a
[46:06] opioid abatement expenses at
172,000 this month, 488,000 a
Day.
[46:06] 172,000 this month, 488,000 a
Day.
And then some expenses related
[46:09] day.
And then some expenses related
To a grant from echo that we‘ve
[46:12] and then some expenses related
To a grant from echo that we‘ve
Received a couple of other
[46:16] to a grant from echo that we‘ve
Received a couple of other
Highlights as it relates to our
[46:18] received a couple of other
Highlights as it relates to our
Practice in third party
[46:20] highlights as it relates to our
Practice in third party
Contracts.
[46:21] practice in third party
Contracts.
We have had our medicaid
[46:24] contracts.
We have had our medicaid
Application pending for quite
[46:26] we have had our medicaid
Application pending for quite
Some time.
[46:27] application pending for quite
Some time.
We‘re hopeful that that will be
[46:29] some time.
We‘re hopeful that that will be
Approved shortly.
[46:31] we‘re hopeful that that will be
Approved shortly.
We‘ve worked through all the
[46:32] approved shortly.
We‘ve worked through all the
Issues and are just awaiting
[46:34] we‘ve worked through all the
Issues and are just awaiting
Approval, and then probably the
[46:36] issues and are just awaiting
Approval, and then probably the
Most exciting part is we‘ve just
[46:39] approval, and then probably the
Most exciting part is we‘ve just
Recently executed an agreement
[46:41] most exciting part is we‘ve just
Recently executed an agreement
With sendero, and we‘re seeing
[46:44] recently executed an agreement
With sendero, and we‘re seeing
Sendero patients in our network.
[46:45] with sendero, and we‘re seeing
Sendero patients in our network.
And so that‘s we really it‘s
[46:48] sendero patients in our network.
And so that‘s we really it‘s
Taken a while.
[46:49] and so that‘s we really it‘s
Taken a while.
It‘s taken us a while to get
[46:50] taken a while.
It‘s taken us a while to get
There, but it‘s really exciting
[46:52] it‘s taken us a while to get
There, but it‘s really exciting
That we‘ll be able to see both
[46:55] there, but it‘s really exciting
That we‘ll be able to see both
Central health patients and
[46:57] that we‘ll be able to see both
Central health patients and
Sendero patients in our own
[46:59] central health patients and
Sendero patients in our own
Clinical practice.
[47:00] sendero patients in our own
Clinical practice.
>> I didn‘t realize you weren‘t
[47:02] clinical practice.
>> I didn‘t realize you weren‘t
Able to see sendero patients
[47:04] >> I didn‘t realize you weren‘t
Able to see sendero patients
Until now.
[47:04] able to see sendero patients
Until now.
I thought that was integrated
[47:06] until now.
I thought that was integrated
Into central health.
[47:07] I thought that was integrated
Into central health.
>> it.
[47:08] into central health.
>> it.
Oh, go ahead.
[47:08] >> it.
Oh, go ahead.
>> we we we we had to execute a
[47:12] oh, go ahead.
>> we we we we had to execute a
Contract like we do with any
[47:13] >> we we we we had to execute a
Contract like we do with any
Provider group.
[47:14] contract like we do with any
Provider group.
And we have to put them through
[47:16] provider group.
And we have to put them through
Credentialing.
[47:16] and we have to put them through
Credentialing.
And it‘s not something that
[47:19] credentialing.
And it‘s not something that
Happens overnight.
[47:19] and it‘s not something that
Happens overnight.
And so we‘ve completed that and
[47:23] happens overnight.
And so we‘ve completed that and
Done a complete orientation.
[47:24] and so we‘ve completed that and
Done a complete orientation.
And we are paying claims now to
[47:28] done a complete orientation.
And we are paying claims now to
Central health providers for the
[47:30] and we are paying claims now to
Central health providers for the
Program‘s clinical specialty
[47:31] central health providers for the
Program‘s clinical specialty
Programs.
[47:32] program‘s clinical specialty
Programs.
They have within central health.
[47:33] programs.
They have within central health.
We already have a contract with
[47:35] they have within central health.
We already have a contract with
Qc and have had it for years, so
[47:37] we already have a contract with
Qc and have had it for years, so
We‘re already paying the qc, but
[47:39] qc and have had it for years, so
We‘re already paying the qc, but
But the central health specialty
[47:42] we‘re already paying the qc, but
But the central health specialty
Programs are new enough and
[47:43] but the central health specialty
Programs are new enough and
That‘s.
[47:43] programs are new enough and
That‘s.
They say they‘re just now
[47:44] that‘s.
They say they‘re just now
Applying to medicaid to get
[47:45] they say they‘re just now
Applying to medicaid to get
Medicaid to be able to see
[47:47] applying to medicaid to get
Medicaid to be able to see
Medicaid patients through that.
[47:48] medicaid to be able to see
Medicaid patients through that.
So this is not an easy process
[47:53] medicaid patients through that.
So this is not an easy process
For central health.
[47:54] so this is not an easy process
For central health.
So.
[47:56] for central health.
So.
>> thank you, sharon, and I‘ll
[47:57] so.
>> thank you, sharon, and I‘ll
Turn it over to tara now for.
[47:59] >> thank you, sharon, and I‘ll
Turn it over to tara now for.
>> thank you so much.
[48:01] turn it over to tara now for.
>> thank you so much.
On the previous topic, I‘ll
[48:03] >> thank you so much.
On the previous topic, I‘ll
Mention one of the other
[48:06] on the previous topic, I‘ll
Mention one of the other
Initiatives that‘s coming down
[48:07] mention one of the other
Initiatives that‘s coming down
The pipeline is to get greater
[48:09] initiatives that‘s coming down
The pipeline is to get greater
Alignment across all the payers
[48:11] the pipeline is to get greater
Alignment across all the payers
At community care so that we‘re
[48:13] alignment across all the payers
At community care so that we‘re
Able to move our patients
[48:15] at community care so that we‘re
Able to move our patients
Through the system, regardless
[48:16] able to move our patients
Through the system, regardless
Of who their payer is, in both
[48:18] through the system, regardless
Of who their payer is, in both
The central health and the
[48:20] of who their payer is, in both
The central health and the
Community care space.
[48:20] the central health and the
Community care space.
I want to thank you all so much
[48:23] community care space.
I want to thank you all so much
For having me back today.
[48:24] I want to thank you all so much
For having me back today.
Unfortunately, doctor yagoda is
[48:27] for having me back today.
Unfortunately, doctor yagoda is
Traveling, but I‘m always
[48:28] unfortunately, doctor yagoda is
Traveling, but I‘m always
Thrilled to present to you all.
[48:30] traveling, but I‘m always
Thrilled to present to you all.
I also want to thank
[48:31] thrilled to present to you all.
I also want to thank
Commissioner shea for her
[48:33] I also want to thank
Commissioner shea for her
Wonderful remarks at the recent
[48:35] commissioner shea for her
Wonderful remarks at the recent
Grand opening at the new hancock
[48:36] wonderful remarks at the recent
Grand opening at the new hancock
Health center space.
[48:37] grand opening at the new hancock
Health center space.
Your long standing support of
[48:40] health center space.
Your long standing support of
Public health and prevention and
[48:42] your long standing support of
Public health and prevention and
Compassionate community care has
[48:43] public health and prevention and
Compassionate community care has
Meant a great deal to our
[48:45] compassionate community care has
Meant a great deal to our
Patients and our care teams.
[48:46] meant a great deal to our
Patients and our care teams.
The opening gave us an
[48:49] patients and our care teams.
The opening gave us an
Opportunity also to reflect on
[48:50] the opening gave us an
Opportunity also to reflect on
The extraordinary legacy of the
[48:53] opportunity also to reflect on
The extraordinary legacy of the
David powell clinic, which is
[48:55] the extraordinary legacy of the
David powell clinic, which is
The first occupant of the
[48:57] david powell clinic, which is
The first occupant of the
Expansive hancock center.
[48:59] the first occupant of the
Expansive hancock center.
That and the role that
[49:01] expansive hancock center.
That and the role that
Particular clinic h played in
[49:03] that and the role that
Particular clinic h played in
Shaping patient centered care
[49:05] particular clinic h played in
Shaping patient centered care
Across the entire system over
[49:07] shaping patient centered care
Across the entire system over
The last 35 years, david powell
[49:09] across the entire system over
The last 35 years, david powell
Has evolved, along with the hiv
[49:12] the last 35 years, david powell
Has evolved, along with the hiv
Epidemic itself.
[49:13] has evolved, along with the hiv
Epidemic itself.
What began in a time of crisis
[49:17] epidemic itself.
What began in a time of crisis
Became one of the region‘s
[49:18] what began in a time of crisis
Became one of the region‘s
Earliest models for integrated,
[49:20] became one of the region‘s
Earliest models for integrated,
Whole person re.
[49:20] earliest models for integrated,
Whole person re.
Long before team based care
[49:23] whole person re.
Long before team based care
Became common in health care,
[49:25] long before team based care
Became common in health care,
David powell was bringing
[49:26] became common in health care,
David powell was bringing
Together primary care,
[49:28] david powell was bringing
Together primary care,
Behavioral health, pharmacy,
[49:30] together primary care,
Behavioral health, pharmacy,
Nutrition support, prevention
[49:32] behavioral health, pharmacy,
Nutrition support, prevention
Services and case management.
[49:33] nutrition support, prevention
Services and case management.
In one coordinated setting.
[49:36] services and case management.
In one coordinated setting.
And today, the clinic serves
[49:38] in one coordinated setting.
And today, the clinic serves
More than 3000 patients across
[49:40] and today, the clinic serves
More than 3000 patients across
Ten county region and continues
[49:43] more than 3000 patients across
Ten county region and continues
To innovate more than 200
[49:45] ten county region and continues
To innovate more than 200
Patients now receive some of the
[49:46] to innovate more than 200
Patients now receive some of the
Most advanced technologies,
[49:49] patients now receive some of the
Most advanced technologies,
Including long acting hiv
[49:52] most advanced technologies,
Including long acting hiv
Injectables, which improve
[49:54] including long acting hiv
Injectables, which improve
Adherence and helps reduce
[49:55] injectables, which improve
Adherence and helps reduce
Stigma for patients who may
[49:57] adherence and helps reduce
Stigma for patients who may
Struggle with managing daily
[50:00] stigma for patients who may
Struggle with managing daily
Medication regimens.
[50:01] struggle with managing daily
Medication regimens.
The clinic has also become a
[50:03] medication regimens.
The clinic has also become a
Leader in prevention through the
[50:04] the clinic has also become a
Leader in prevention through the
Ideal health clinic, a cdc
[50:07] leader in prevention through the
Ideal health clinic, a cdc
Funded status neutral care
[50:09] ideal health clinic, a cdc
Funded status neutral care
Approach.
[50:10] funded status neutral care
Approach.
Community care has significantly
[50:12] approach.
Community care has significantly
Expanded access to prep
[50:14] community care has significantly
Expanded access to prep
Medication that prevents hiv
[50:17] expanded access to prep
Medication that prevents hiv
Infection before exposure
[50:18] medication that prevents hiv
Infection before exposure
Occurs.
[50:19] infection before exposure
Occurs.
Prep has become one of the most
[50:21] occurs.
Prep has become one of the most
Effective public health tools in
[50:22] prep has become one of the most
Effective public health tools in
The world to reduce new hiv
[50:25] effective public health tools in
The world to reduce new hiv
Infections, particularly among
[50:27] the world to reduce new hiv
Infections, particularly among
High risk populations.
[50:28] infections, particularly among
High risk populations.
And in the last year alone, our
[50:30] high risk populations.
And in the last year alone, our
Prep patient population has
[50:34] and in the last year alone, our
Prep patient population has
Nearly doubled growth.
[50:36] prep patient population has
Nearly doubled growth.
That has been recognized by the
[50:38] nearly doubled growth.
That has been recognized by the
Federal government and our 2025
[50:41] that has been recognized by the
Federal government and our 2025
Reporting.
[50:43] federal government and our 2025
Reporting.
David powell also demonstrates
[50:45] reporting.
David powell also demonstrates
The importance of pairing
[50:47] david powell also demonstrates
The importance of pairing
Affordable medications with
[50:48] the importance of pairing
Affordable medications with
Wraparound support services
[50:50] affordable medications with
Wraparound support services
Through the federal 340 b
[50:51] wraparound support services
Through the federal 340 b
Program, community care is able
[50:53] through the federal 340 b
Program, community care is able
To offer low cost medications
[50:56] program, community care is able
To offer low cost medications
That are extremely expensive to
[50:59] to offer low cost medications
That are extremely expensive to
Provide in other settings at a
[51:01] that are extremely expensive to
Provide in other settings at a
Significantly reduced cost, and
[51:03] provide in other settings at a
Significantly reduced cost, and
The savings generated through
[51:04] significantly reduced cost, and
The savings generated through
That program help fund the
[51:07] the savings generated through
That program help fund the
Behavioral supports the
[51:08] that program help fund the
Behavioral supports the
Nutrition, supports, outreach,
[51:10] behavioral supports the
Nutrition, supports, outreach,
Transportation assistance, and
[51:12] nutrition, supports, outreach,
Transportation assistance, and
Care coordination.
[51:13] transportation assistance, and
Care coordination.
These are the kinds of services
[51:15] care coordination.
These are the kinds of services
That help patients remain
[51:17] these are the kinds of services
That help patients remain
Healthy, keep them out of more
[51:20] that help patients remain
Healthy, keep them out of more
Expensive parts of our system,
[51:22] healthy, keep them out of more
Expensive parts of our system,
And continuously engage in long
[51:24] expensive parts of our system,
And continuously engage in long
Term term care.
[51:25] and continuously engage in long
Term term care.
The outcomes, because I know
[51:27] term term care.
The outcomes, because I know
That you guys like data, reflect
[51:29] the outcomes, because I know
That you guys like data, reflect
The strength of the model in
[51:32] that you guys like data, reflect
The strength of the model in
2025, community care achieved a
[51:34] the strength of the model in
2025, community care achieved a
94.2 retention rate for ryan
[51:36] 2025, community care achieved a
94.2 retention rate for ryan
That‘s the program, the grant
[51:39] 94.2 retention rate for ryan
That‘s the program, the grant
Program that helps pay for the
[51:41] that‘s the program, the grant
Program that helps pay for the
Care and a 90% viral suppression
[51:43] program that helps pay for the
Care and a 90% viral suppression
Rate, meaning that the vast
[51:45] care and a 90% viral suppression
Rate, meaning that the vast
Majority of the patients in our
[51:46] rate, meaning that the vast
Majority of the patients in our
Care have the virus controlled
[51:48] majority of the patients in our
Care have the virus controlled
To levels that protect both
[51:49] care have the virus controlled
To levels that protect both
Their own health and the broader
[51:51] to levels that protect both
Their own health and the broader
Community.
[51:52] their own health and the broader
Community.
David powell has also served a
[51:56] community.
David powell has also served a
Critical regional public health
[51:58] david powell has also served a
Critical regional public health
Role, which is particularly
[51:59] critical regional public health
Role, which is particularly
Important at a time where we‘re
[52:00] role, which is particularly
Important at a time where we‘re
Seeing other supports for that
[52:02] important at a time where we‘re
Seeing other supports for that
Contract.
[52:02] seeing other supports for that
Contract.
We acted as a major vaccination
[52:05] contract.
We acted as a major vaccination
And treatment site during the
[52:07] we acted as a major vaccination
And treatment site during the
Mpox outbreak, and operating
[52:09] and treatment site during the
Mpox outbreak, and operating
Austin‘s only mobile hiv program
[52:11] mpox outbreak, and operating
Austin‘s only mobile hiv program
Focused on unsheltered
[52:13] austin‘s only mobile hiv program
Focused on unsheltered
Individuals living with hiv.
[52:14] focused on unsheltered
Individuals living with hiv.
Perhaps most importantly, the
[52:18] individuals living with hiv.
Perhaps most importantly, the
Lessons learned at david powell
[52:19] perhaps most importantly, the
Lessons learned at david powell
Now shape how we care for
[52:22] lessons learned at david powell
Now shape how we care for
Everyone across the system.
[52:23] now shape how we care for
Everyone across the system.
Our vulnerable populations, the
[52:26] everyone across the system.
Our vulnerable populations, the
Clinic that trust, that taught
[52:27] our vulnerable populations, the
Clinic that trust, that taught
Us that trust, dignity, stigma
[52:31] clinic that trust, that taught
Us that trust, dignity, stigma
Reduction, mental health,
[52:32] us that trust, dignity, stigma
Reduction, mental health,
Housing instability and cultural
[52:35] reduction, mental health,
Housing instability and cultural
Understanding are not secondary
[52:37] housing instability and cultural
Understanding are not secondary
Issues in health care.
[52:38] understanding are not secondary
Issues in health care.
They are central in achieving
[52:41] issues in health care.
They are central in achieving
Good outcomes.
[52:41] they are central in achieving
Good outcomes.
And so that philosophy is
[52:43] good outcomes.
And so that philosophy is
Reflected in the design of the
[52:45] and so that philosophy is
Reflected in the design of the
New space where hiv services are
[52:48] reflected in the design of the
New space where hiv services are
Intentionally integrated along
[52:50] new space where hiv services are
Intentionally integrated along
Specialty older adult care in a
[52:52] intentionally integrated along
Specialty older adult care in a
Way that normalizes care,
[52:54] specialty older adult care in a
Way that normalizes care,
Reduces isolation, and
[52:55] way that normalizes care,
Reduces isolation, and
Strengthens continuity for
[52:56] reduces isolation, and
Strengthens continuity for
Patients as they age, and is not
[52:58] strengthens continuity for
Patients as they age, and is not
Just present at david powell,
[53:01] patients as they age, and is not
Just present at david powell,
But for all 150 some odd
[53:03] just present at david powell,
But for all 150 some odd
Individual patients who receive
[53:05] but for all 150 some odd
Individual patients who receive
Care from us.
[53:06] individual patients who receive
Care from us.
So ultimately, david powell
[53:09] care from us.
So ultimately, david powell
Represents what we consider the
[53:10] so ultimately, david powell
Represents what we consider the
Gold standard of care.
[53:11] represents what we consider the
Gold standard of care.
As the folks move across the
[53:13] gold standard of care.
As the folks move across the
Island.
[53:13] as the folks move across the
Island.
That doctor li speaks so often
[53:15] island.
That doctor li speaks so often
About, of what strong public
[53:17] that doctor li speaks so often
About, of what strong public
Health infrastructure can look
[53:19] about, of what strong public
Health infrastructure can look
Like with innovation,
[53:21] health infrastructure can look
Like with innovation,
Prevention, affordability, and
[53:23] like with innovation,
Prevention, affordability, and
Compassionate care that can come
[53:24] prevention, affordability, and
Compassionate care that can come
Together in service of the
[53:27] compassionate care that can come
Together in service of the
Community and in this case, in
[53:28] together in service of the
Community and in this case, in
Service of travis county.
[53:29] community and in this case, in
Service of travis county.
Now, I turn it over to jeff.
[53:33] service of travis county.
Now, I turn it over to jeff.
>> thank you, tara.
[53:34] now, I turn it over to jeff.
>> thank you, tara.
I want to briefly thank you
[53:36] >> thank you, tara.
I want to briefly thank you
Again for allowing central
[53:40] I want to briefly thank you
Again for allowing central
Health to come and bring you up
[53:41] again for allowing central
Health to come and bring you up
To date on what‘s going on in
[53:43] health to come and bring you up
To date on what‘s going on in
Our organization.
[53:44] to date on what‘s going on in
Our organization.
One of the things that sendero
[53:47] our organization.
One of the things that sendero
Is trying to do is to sort of
[53:49] one of the things that sendero
Is trying to do is to sort of
Broaden our scope of services.
[53:52] is trying to do is to sort of
Broaden our scope of services.
And so I wanted to tell you
[53:54] broaden our scope of services.
And so I wanted to tell you
About a new entity that we have
[53:55] and so I wanted to tell you
About a new entity that we have
Created.
[53:56] about a new entity that we have
Created.
It‘s called sendero health
[53:58] created.
It‘s called sendero health
Solutions, and it will function
[54:00] it‘s called sendero health
Solutions, and it will function
As a t, p a or third party
[54:02] solutions, and it will function
As a t, p a or third party
Administrator.
[54:03] as a t, p a or third party
Administrator.
And we hope to outreach to the
[54:05] administrator.
And we hope to outreach to the
Community because we now have
[54:06] and we hope to outreach to the
Community because we now have
That capability in house to do
[54:08] community because we now have
That capability in house to do
Claims processing, to be able to
[54:10] that capability in house to do
Claims processing, to be able to
Work with.
[54:11] claims processing, to be able to
Work with.
And we‘re probably going to
[54:13] work with.
And we‘re probably going to
Focus on the nonprofit
[54:14] and we‘re probably going to
Focus on the nonprofit
Communities in the in the area
[54:16] focus on the nonprofit
Communities in the in the area
And help them have a health plan
[54:18] communities in the in the area
And help them have a health plan
That can, can serve and help
[54:22] and help them have a health plan
That can, can serve and help
Expand our coverage in the
[54:23] that can, can serve and help
Expand our coverage in the
Community generally.
[54:25] expand our coverage in the
Community generally.
So we‘re looking at services
[54:27] community generally.
So we‘re looking at services
Outside of aca.
[54:28] so we‘re looking at services
Outside of aca.
We‘re looking to expand the
[54:32] outside of aca.
We‘re looking to expand the
Capability of sendero to
[54:33] we‘re looking to expand the
Capability of sendero to
Diversify our book of business.
[54:35] capability of sendero to
Diversify our book of business.
So we‘re not totally reliant on
[54:37] diversify our book of business.
So we‘re not totally reliant on
The aca, which is, you probably
[54:39] so we‘re not totally reliant on
The aca, which is, you probably
Are aware, is receiving
[54:41] the aca, which is, you probably
Are aware, is receiving
Continual changes to its to its
[54:43] are aware, is receiving
Continual changes to its to its
Governmental structure.
[54:45] continual changes to its to its
Governmental structure.
And we are we‘re certainly
[54:47] governmental structure.
And we are we‘re certainly
Working in not not dropping the
[54:48] and we are we‘re certainly
Working in not not dropping the
Ball on that one at all, but we
[54:50] working in not not dropping the
Ball on that one at all, but we
Are going to try and expand to
[54:52] ball on that one at all, but we
Are going to try and expand to
See if we can‘t offer services
[54:54] are going to try and expand to
See if we can‘t offer services
To the community.
[54:54] see if we can‘t offer services
To the community.
Other component that we are
[54:56] to the community.
Other component that we are
Building into that is a
[54:58] other component that we are
Building into that is a
Credentialing verification
[55:00] building into that is a
Credentialing verification
Organization.
[55:00] credentialing verification
Organization.
We do credentialing for our
[55:02] organization.
We do credentialing for our
Providers that we have to.
[55:03] we do credentialing for our
Providers that we have to.
We‘ve been doing it for central
[55:05] providers that we have to.
We‘ve been doing it for central
Health, for the map providers.
[55:07] we‘ve been doing it for central
Health, for the map providers.
We‘re expanding to bring those
[55:09] health, for the map providers.
We‘re expanding to bring those
Services across the across the
[55:11] we‘re expanding to bring those
Services across the across the
Enterprise, across the whole
[55:13] services across the across the
Enterprise, across the whole
System, under a single resource,
[55:15] enterprise, across the whole
System, under a single resource,
So that we don‘t duplicate that
[55:17] system, under a single resource,
So that we don‘t duplicate that
Requirement of credentialing all
[55:19] so that we don‘t duplicate that
Requirement of credentialing all
Of our providers, which happens
[55:20] requirement of credentialing all
Of our providers, which happens
To happen, has to occur within
[55:23] of our providers, which happens
To happen, has to occur within
C, u, c, it has to occur within
[55:24] to happen, has to occur within
C, u, c, it has to occur within
Central health.
[55:25] c, u, c, it has to occur within
Central health.
So certainly has to occur within
[55:27] central health.
So certainly has to occur within
Sendero.
[55:28] so certainly has to occur within
Sendero.
So we‘re consolidating those
[55:30] sendero.
So we‘re consolidating those
Services and we hope to make
[55:31] so we‘re consolidating those
Services and we hope to make
That available to other
[55:32] services and we hope to make
That available to other
Providers in the community so
[55:34] that available to other
Providers in the community so
That we can help expand the
[55:37] providers in the community so
That we can help expand the
Capability of doing doing that.
[55:39] that we can help expand the
Capability of doing doing that.
And it‘s also creates a revenue
[55:42] capability of doing doing that.
And it‘s also creates a revenue
Stream for sendero so that we
[55:44] and it‘s also creates a revenue
Stream for sendero so that we
Can be more diversified in our
[55:46] stream for sendero so that we
Can be more diversified in our
Ability to support the entire
[55:48] can be more diversified in our
Ability to support the entire
Central health system.
[55:49] ability to support the entire
Central health system.
>> just for a quick
[55:51] central health system.
>> just for a quick
Clarification, I‘m not a medical
[55:53] >> just for a quick
Clarification, I‘m not a medical
Person, and so I don‘t even
[55:55] clarification, I‘m not a medical
Person, and so I don‘t even
Understand what the
[55:56] person, and so I don‘t even
Understand what the
Credentialing verification
[55:57] understand what the
Credentialing verification
Organization is.
[55:58] credentialing verification
Organization is.
I presume people who are
[55:59] organization is.
I presume people who are
Providing medical services have
[56:02] I presume people who are
Providing medical services have
Been trained, have gotten the
[56:05] providing medical services have
Been trained, have gotten the
Proper credentials to practice
[56:09] been trained, have gotten the
Proper credentials to practice
Medicine.
[56:09] proper credentials to practice
Medicine.
So what is the.
[56:10] medicine.
So what is the.
>> it‘s, it‘s a.
[56:11] so what is the.
>> it‘s, it‘s a.
>> very it‘s.
[56:11] >> it‘s, it‘s a.
>> very it‘s.
>> it‘s a verification process.
[56:14] >> very it‘s.
>> it‘s a verification process.
It looks at each provider and it
[56:16] >> it‘s a verification process.
It looks at each provider and it
Says, oh, you have a, you have
[56:18] it looks at each provider and it
Says, oh, you have a, you have
A, you‘re a board certified in
[56:20] says, oh, you have a, you have
A, you‘re a board certified in
Family medicine.
[56:22] a, you‘re a board certified in
Family medicine.
We confirm that we actually go
[56:23] family medicine.
We confirm that we actually go
To the various boards.
[56:25] we confirm that we actually go
To the various boards.
We confirm the education.
[56:27] to the various boards.
We confirm the education.
We confirm with that they have
[56:29] we confirm the education.
We confirm with that they have
Privileges at different
[56:30] we confirm with that they have
Privileges at different
Hospitals.
[56:30] privileges at different
Hospitals.
>> they haven‘t basically faked
[56:32] hospitals.
>> they haven‘t basically faked
Some kind of certification.
[56:33] >> they haven‘t basically faked
Some kind of certification.
Could be we.
[56:34] some kind of certification.
Could be we.
[laughter]
[56:34] could be we.
[laughter]
Could use that at the federal
[56:35] [laughter]
Could use that at the federal
Level.
[56:35] could use that at the federal
Level.
[laughter]
[56:36] level.
[laughter]
Anyway.
[56:37] [laughter]
Anyway.
Thank you.
[56:37] anyway.
Thank you.
That helps.
[56:40] thank you.
That helps.
>> so I think from now, where
[56:43] that helps.
>> so I think from now, where
Was this go back to pat.
[56:44] >> so I think from now, where
Was this go back to pat.
>> yeah.
[56:44] was this go back to pat.
>> yeah.
So thank you.
[56:46] >> yeah.
So thank you.
Thank you both.
[56:47] so thank you.
Thank you both.
Taking us home.
[56:48] thank you both.
Taking us home.
I just want to provide a brief
[56:51] taking us home.
I just want to provide a brief
Update on our progress.
[56:53] I just want to provide a brief
Update on our progress.
Creating a single coordinated
[56:55] update on our progress.
Creating a single coordinated
System on behalf of our
[56:56] creating a single coordinated
System on behalf of our
Patients, reducing duplication,
[56:58] system on behalf of our
Patients, reducing duplication,
Increasing efficiency, creating
[57:00] patients, reducing duplication,
Increasing efficiency, creating
A better experience.
[57:01] increasing efficiency, creating
A better experience.
So we‘ve taken this in phases
[57:03] a better experience.
So we‘ve taken this in phases
And I‘m delighted to share that
[57:04] so we‘ve taken this in phases
And I‘m delighted to share that
We‘ve now completed the first
[57:07] and I‘m delighted to share that
We‘ve now completed the first
Phase.
[57:07] we‘ve now completed the first
Phase.
The five areas that we have
[57:10] phase.
The five areas that we have
Brought together include health
[57:12] the five areas that we have
Brought together include health
Care for the homeless, epic
[57:15] brought together include health
Care for the homeless, epic
Pharmacy, addiction medicine and
[57:19] care for the homeless, epic
Pharmacy, addiction medicine and
Eligibility.
[57:19] pharmacy, addiction medicine and
Eligibility.
And together, these five areas
[57:21] eligibility.
And together, these five areas
Touch some really important
[57:23] and together, these five areas
Touch some really important
Parts of the patient experience.
[57:24] touch some really important
Parts of the patient experience.
How people get connected to
[57:26] parts of the patient experience.
How people get connected to
Care, how information moves
[57:28] how people get connected to
Care, how information moves
Across the system, how
[57:29] care, how information moves
Across the system, how
Medications are accessed, how we
[57:31] across the system, how
Medications are accessed, how we
Support patients with complex
[57:33] medications are accessed, how we
Support patients with complex
Needs, how we help people
[57:34] support patients with complex
Needs, how we help people
Qualify for services and
[57:35] needs, how we help people
Qualify for services and
Coverage available to them.
[57:37] qualify for services and
Coverage available to them.
We‘re now hard at work on our
[57:38] coverage available to them.
We‘re now hard at work on our
Phase two focus areas, which
[57:40] we‘re now hard at work on our
Phase two focus areas, which
Include provider credentialing,
[57:43] phase two focus areas, which
Include provider credentialing,
Ambulatory specialty care,
[57:44] include provider credentialing,
Ambulatory specialty care,
Process improvement,
[57:46] ambulatory specialty care,
Process improvement,
Transportation solutions, and
[57:48] process improvement,
Transportation solutions, and
Revenue cycle.
[57:48] transportation solutions, and
Revenue cycle.
These areas are critical to how
[57:50] revenue cycle.
These areas are critical to how
Well our system functions they
[57:52] these areas are critical to how
Well our system functions they
Drive, how quickly patients can
[57:54] well our system functions they
Drive, how quickly patients can
Be seen, how easily they can
[57:55] drive, how quickly patients can
Be seen, how easily they can
Move between services, how
[57:57] be seen, how easily they can
Move between services, how
Consistently our teams operate
[57:59] move between services, how
Consistently our teams operate
And how responsibly manage
[58:01] consistently our teams operate
And how responsibly manage
Resources entrusted to us.
[58:02] and how responsibly manage
Resources entrusted to us.
Looking ahead down the road, we
[58:04] resources entrusted to us.
Looking ahead down the road, we
Know that communications and
[58:06] looking ahead down the road, we
Know that communications and
Marketing external affairs are
[58:08] know that communications and
Marketing external affairs are
Up next, and there‘ll be more
[58:10] marketing external affairs are
Up next, and there‘ll be more
Behind that.
[58:10] up next, and there‘ll be more
Behind that.
But as our system gws, it
[58:12] behind that.
But as our system gws, it
Becomes even more important that
[58:13] but as our system gws, it
Becomes even more important that
We are telling one clear story,
[58:16] becomes even more important that
We are telling one clear story,
One mission, one team
[58:19] we are telling one clear story,
One mission, one team
Coordinating our outreach,
[58:19] one mission, one team
Coordinating our outreach,
Working together with
[58:21] coordinating our outreach,
Working together with
Yourselves, other elected
[58:22] working together with
Yourselves, other elected
Officials, partners, and the
[58:23] yourselves, other elected
Officials, partners, and the
Community in a unified way.
[58:25] officials, partners, and the
Community in a unified way.
And so with that, I just want to
[58:27] community in a unified way.
And so with that, I just want to
Say a huge thank you for the
[58:29] and so with that, I just want to
Say a huge thank you for the
Privilege of being here with all
[58:30] say a huge thank you for the
Privilege of being here with all
Of you.
[58:31] privilege of being here with all
Of you.
Thank you for your leadership,
[58:33] of you.
Thank you for your leadership,
For accompanying us in so many
[58:35] thank you for your leadership,
For accompanying us in so many
Ways through our journey.
[58:36] for accompanying us in so many
Ways through our journey.
As we called out at the
[58:37] ways through our journey.
As we called out at the
Beginning.
[58:38] as we called out at the
Beginning.
And we‘d be happy to open up for
[58:39] beginning.
And we‘d be happy to open up for
Any of your questions.
[58:40] and we‘d be happy to open up for
Any of your questions.
Actually, before I do that,
[58:42] any of your questions.
Actually, before I do that,
Chair rodriguez or vice chair,
[58:44] actually, before I do that,
Chair rodriguez or vice chair,
Any closing comments you‘d like
[58:45] chair rodriguez or vice chair,
Any closing comments you‘d like
To offer?
[58:47] any closing comments you‘d like
To offer?
>> no, I think I think this is
[58:50] to offer?
>> no, I think I think this is
Such a great example of how
[58:51] >> no, I think I think this is
Such a great example of how
We‘re continuing to build trust
[58:53] such a great example of how
We‘re continuing to build trust
Throughout our entire health
[58:54] we‘re continuing to build trust
Throughout our entire health
Care system, and I‘ll stop
[58:57] throughout our entire health
Care system, and I‘ll stop
There.
[58:57] care system, and I‘ll stop
There.
>> well.
[58:58] there.
>> well.
It‘s building trust across our
[59:02] >> well.
It‘s building trust across our
Entire health care system, but
[59:03] it‘s building trust across our
Entire health care system, but
It‘s also building trust in our
[59:05] entire health care system, but
It‘s also building trust in our
Community, which is so critical
[59:06] it‘s also building trust in our
Community, which is so critical
As we continue to move forward
[59:08] community, which is so critical
As we continue to move forward
And in our access to care.
[59:10] as we continue to move forward
And in our access to care.
So it‘s all the way around, all
[59:12] and in our access to care.
So it‘s all the way around, all
The way around.
[59:15] so it‘s all the way around, all
The way around.
>> questions?
[59:18] the way around.
>> questions?
>> I just want to to commend the
[59:20] >> questions?
>> I just want to to commend the
Team for being willing to come
[59:23] >> I just want to to commend the
Team for being willing to come
Out to the community and educate
[59:25] team for being willing to come
Out to the community and educate
The community on how the system
[59:27] out to the community and educate
The community on how the system
Is growing.
[59:28] the community on how the system
Is growing.
That‘s kind of why I ask for a
[59:30] is growing.
That‘s kind of why I ask for a
Delta report every year, so that
[59:33] that‘s kind of why I ask for a
Delta report every year, so that
We can look we can look at last
[59:35] delta report every year, so that
We can look we can look at last
Year‘s budget as our baseline or
[59:37] we can look we can look at last
Year‘s budget as our baseline or
Look back 2 or 3 years and see
[59:41] year‘s budget as our baseline or
Look back 2 or 3 years and see
How things, see how the demand
[59:44] look back 2 or 3 years and see
How things, see how the demand
Has grown and how we have grown
[59:46] how things, see how the demand
Has grown and how we have grown
To meet that demand in a in a
[59:49] has grown and how we have grown
To meet that demand in a in a
Time where the federal
[59:52] to meet that demand in a in a
Time where the federal
Government is abdicating its
[59:54] time where the federal
Government is abdicating its
Responsibility to the health
[59:56] government is abdicating its
Responsibility to the health
Care system, followed closely by
[59:59] responsibility to the health
Care system, followed closely by
The state, it is important that
[1:00:02] care system, followed closely by
The state, it is important that
That we are able to put the
[1:00:04] the state, it is important that
That we are able to put the
Resources that we can as a
[1:00:06] that we are able to put the
Resources that we can as a
Community together to make sure
[1:00:09] resources that we can as a
Community together to make sure
That our community members are
[1:00:11] community together to make sure
That our community members are
Served.
[1:00:12] that our community members are
Served.
And you guys are our voices,
[1:00:15] served.
And you guys are our voices,
Our, our, our boots and, and,
[1:00:17] and you guys are our voices,
Our, our, our boots and, and,
And our, our representation on
[1:00:22] our, our, our boots and, and,
And our, our representation on
The ground.
[1:00:23] and our, our representation on
The ground.
So I happy to see the direction
[1:00:26] the ground.
So I happy to see the direction
That we‘re taking.
[1:00:26] so I happy to see the direction
That we‘re taking.
I‘m happy to see the integration
[1:00:30] that we‘re taking.
I‘m happy to see the integration
Between central health community
[1:00:32] I‘m happy to see the integration
Between central health community
Care and sendero think.
[1:00:33] between central health community
Care and sendero think.
I think that gives a very strong
[1:00:36] care and sendero think.
I think that gives a very strong
Message.
[1:00:36] I think that gives a very strong
Message.
I‘m happy that I have the.
[1:00:40] message.
I‘m happy that I have the.
The chair on speed dial and I
[1:00:42] I‘m happy that I have the.
The chair on speed dial and I
Can call him after midnight if.
[1:00:44] the chair on speed dial and I
Can call him after midnight if.
[laughter]
[1:00:45] can call him after midnight if.
[laughter]
Necessary.
[1:00:45] [laughter]
Necessary.
>> why do you keep calling
[1:00:46] necessary.
>> why do you keep calling
People after.
[1:00:46] >> why do you keep calling
People after.
He references this with many
[1:00:50] people after.
He references this with many
People?
[1:00:50] he references this with many
People?
>> okay, so bad stuff happens.
[1:00:52] people?
>> okay, so bad stuff happens.
[laughter]
[1:00:52] >> okay, so bad stuff happens.
[laughter]
Around here after midnight.
[1:00:53] [laughter]
Around here after midnight.
>> okay.
[1:00:55] around here after midnight.
>> okay.
>> but my dad used to tell me
[1:00:57] >> okay.
>> but my dad used to tell me
Nothing good.
[1:00:57] >> but my dad used to tell me
Nothing good.
[laughter]
[1:00:58] nothing good.
[laughter]
Happens after ten.
[1:00:58] [laughter]
Happens after ten.
Go home.
[1:00:59] happens after ten.
Go home.
Some folks.
[1:01:00] go home.
Some folks.
[laughter]
[1:01:01] some folks.
[laughter]
Don‘t go home.
[1:01:01] [laughter]
Don‘t go home.
So.
[1:01:02] don‘t go home.
So.
But it‘s important to know that
[1:01:04] so.
But it‘s important to know that
We can reach out to you.
[1:01:05] but it‘s important to know that
We can reach out to you.
It‘s important to know that we
[1:01:08] we can reach out to you.
It‘s important to know that we
Are building systems, not just
[1:01:11] it‘s important to know that we
Are building systems, not just
Transactions.
[1:01:12] are building systems, not just
Transactions.
And I would appreciate the work
[1:01:13] transactions.
And I would appreciate the work
That you‘ve done.
[1:01:14] and I would appreciate the work
That you‘ve done.
And I‘ll try to call you before
[1:01:16] that you‘ve done.
And I‘ll try to call you before
Midnight.
[1:01:17] and I‘ll try to call you before
Midnight.
>> thank you.
[1:01:18] midnight.
>> thank you.
Sir.
[1:01:18] >> thank you.
Sir.
>> just want to say I, I
[1:01:21] sir.
>> just want to say I, I
Really want to celebrate the
[1:01:23] >> just want to say I, I
Really want to celebrate the
Progress that that this
[1:01:26] really want to celebrate the
Progress that that this
Presentation, I think really
[1:01:28] progress that that this
Presentation, I think really
Demonstrates because we only a
[1:01:29] presentation, I think really
Demonstrates because we only a
Few years ago, we had real
[1:01:32] demonstrates because we only a
Few years ago, we had real
Concerns about approving the
[1:01:33] few years ago, we had real
Concerns about approving the
Budget because we felt like we
[1:01:34] concerns about approving the
Budget because we felt like we
Weren‘t getting our questions
[1:01:36] budget because we felt like we
Weren‘t getting our questions
Answered.
[1:01:36] weren‘t getting our questions
Answered.
And there was a lot of concern
[1:01:38] answered.
And there was a lot of concern
From the community.
[1:01:39] and there was a lot of concern
From the community.
What are we getting for the
[1:01:41] from the community.
What are we getting for the
Additional $35 million that are
[1:01:44] what are we getting for the
Additional $35 million that are
Being spent?
[1:01:44] additional $35 million that are
Being spent?
And I and I do still have
[1:01:45] being spent?
And I and I do still have
Questions on that.
[1:01:46] and I and I do still have
Questions on that.
But but you‘ve done a lot of
[1:01:49] questions on that.
But but you‘ve done a lot of
Work to answer those questions
[1:01:50] but but you‘ve done a lot of
Work to answer those questions
And to work more cooperatively
[1:01:52] work to answer those questions
And to work more cooperatively
With ut and del med and get more
[1:01:55] and to work more cooperatively
With ut and del med and get more
Answers for that information.
[1:01:57] with ut and del med and get more
Answers for that information.
But I‘m just really impressed
[1:01:59] answers for that information.
But I‘m just really impressed
With the vision that you‘ve
[1:02:00] but I‘m just really impressed
With the vision that you‘ve
Created and that you‘re
[1:02:02] with the vision that you‘ve
Created and that you‘re
Implementing to bring together
[1:02:04] created and that you‘re
Implementing to bring together
These islands of care where
[1:02:06] implementing to bring together
These islands of care where
People were, as you described,
[1:02:07] these islands of care where
People were, as you described,
Doctor lee, swimming from island
[1:02:08] people were, as you described,
Doctor lee, swimming from island
To island and drowning on the
[1:02:10] doctor lee, swimming from island
To island and drowning on the
Way, not getting the care they
[1:02:11] to island and drowning on the
Way, not getting the care they
Needed.
[1:02:12] way, not getting the care they
Needed.
And, and, and suffering really
[1:02:15] needed.
And, and, and suffering really
Serious health consequences.
[1:02:16] and, and, and suffering really
Serious health consequences.
I did have a couple of questions
[1:02:19] serious health consequences.
I did have a couple of questions
With the highlights in the
[1:02:20] I did have a couple of questions
With the highlights in the
Increase in the direct specialty
[1:02:22] with the highlights in the
Increase in the direct specialty
Care and the increase in the
[1:02:24] increase in the direct specialty
Care and the increase in the
Primary care, it seems like
[1:02:26] care and the increase in the
Primary care, it seems like
These are these are really
[1:02:28] primary care, it seems like
These are these are really
Important increases in there and
[1:02:30] these are these are really
Important increases in there and
They‘re super valuable services
[1:02:32] important increases in there and
They‘re super valuable services
For people because that was
[1:02:33] they‘re super valuable services
For people because that was
Another area people were having
[1:02:34] for people because that was
Another area people were having
To wait a long time for
[1:02:35] another area people were having
To wait a long time for
Specialty care services.
[1:02:38] to wait a long time for
Specialty care services.
And are these essentially almost
[1:02:41] specialty care services.
And are these essentially almost
All medicare or medicaid
[1:02:44] and are these essentially almost
All medicare or medicaid
Reimbursed?
[1:02:44] all medicare or medicaid
Reimbursed?
I guess it would be medicaid.
[1:02:45] reimbursed?
I guess it would be medicaid.
>> it is a combination depending
[1:02:48] I guess it would be medicaid.
>> it is a combination depending
On which environment is in.
[1:02:49] >> it is a combination depending
On which environment is in.
So in terms of the central
[1:02:52] on which environment is in.
So in terms of the central
Health specialty services, as we
[1:02:53] so in terms of the central
Health specialty services, as we
Talked about before, those are
[1:02:54] health specialty services, as we
Talked about before, those are
Primary right now.
[1:02:55] talked about before, those are
Primary right now.
Map, map, basic patients.
[1:02:58] primary right now.
Map, map, basic patients.
They have received the ability
[1:03:02] map, map, basic patients.
They have received the ability
To serve medicare patients
[1:03:04] they have received the ability
To serve medicare patients
Fairly recently.
[1:03:05] to serve medicare patients
Fairly recently.
Medicaid is still pending.
[1:03:07] fairly recently.
Medicaid is still pending.
They‘ve added sendero in
[1:03:09] medicaid is still pending.
They‘ve added sendero in
Community care environment
[1:03:10] they‘ve added sendero in
Community care environment
Because we are older and we can
[1:03:12] community care environment
Because we are older and we can
See patients across.
[1:03:14] because we are older and we can
See patients across.
And we also have sliding scale
[1:03:16] see patients across.
And we also have sliding scale
Fee and other grant programs to
[1:03:18] and we also have sliding scale
Fee and other grant programs to
Help support.
[1:03:19] fee and other grant programs to
Help support.
And we do have some specialty
[1:03:21] help support.
And we do have some specialty
Services.
[1:03:22] and we do have some specialty
Services.
So we are able to see medicaid
[1:03:23] services.
So we are able to see medicaid
And medicare.
[1:03:24] so we are able to see medicaid
And medicare.
But that is why when we start
[1:03:25] and medicare.
But that is why when we start
Talking about coverages, we‘re
[1:03:27] but that is why when we start
Talking about coverages, we‘re
Trying to make sure that
[1:03:29] talking about coverages, we‘re
Trying to make sure that
Coverage is consistent across
[1:03:30] trying to make sure that
Coverage is consistent across
The board.
[1:03:30] coverage is consistent across
The board.
So it doesn‘t matter which door
[1:03:32] the board.
So it doesn‘t matter which door
Folks enter, they can be seen
[1:03:33] so it doesn‘t matter which door
Folks enter, they can be seen
And cared for.
[1:03:34] folks enter, they can be seen
And cared for.
>> okay.
[1:03:35] and cared for.
>> okay.
Anyway, just great, great kudos
[1:03:39] >> okay.
Anyway, just great, great kudos
For the vision and the
[1:03:41] anyway, just great, great kudos
For the vision and the
Implementation on providing more
[1:03:43] for the vision and the
Implementation on providing more
Care and better care to the
[1:03:44] implementation on providing more
Care and better care to the
Community.
[1:03:45] care and better care to the
Community.
And honestly, given the increase
[1:03:46] community.
And honestly, given the increase
In health care costs that costs,
[1:03:49] and honestly, given the increase
In health care costs that costs,
That every entity is seeing, I‘d
[1:03:51] in health care costs that costs,
That every entity is seeing, I‘d
Love to know if at some point
[1:03:52] that every entity is seeing, I‘d
Love to know if at some point
Sendero can, you know, be a
[1:03:55] love to know if at some point
Sendero can, you know, be a
Service provider for that kind
[1:03:56] sendero can, you know, be a
Service provider for that kind
Of thing for institutions like
[1:03:59] service provider for that kind
Of thing for institutions like
Travis county, I don‘t know if
[1:04:00] of thing for institutions like
Travis county, I don‘t know if
That‘s feasible in the future,
[1:04:01] travis county, I don‘t know if
That‘s feasible in the future,
But we are really struggling
[1:04:04] that‘s feasible in the future,
But we are really struggling
With substantial cost increases
[1:04:06] but we are really struggling
With substantial cost increases
That were unanticipated.
[1:04:08] with substantial cost increases
That were unanticipated.
Thank you.
[1:04:09] that were unanticipated.
Thank you.
>> I‘d love to.
[1:04:10] thank you.
>> I‘d love to.
>> commissioner.
[1:04:12] >> I‘d love to.
>> commissioner.
Thank you all for being here.
[1:04:14] >> commissioner.
Thank you all for being here.
I love these presentations, and
[1:04:16] thank you all for being here.
I love these presentations, and
You all are such a well greased
[1:04:17] I love these presentations, and
You all are such a well greased
Machine.
[1:04:18] you all are such a well greased
Machine.
Now on presenting together.
[1:04:20] machine.
Now on presenting together.
It feels like a nice family
[1:04:22] now on presenting together.
It feels like a nice family
Show.
[1:04:22] it feels like a nice family
Show.
So thank you very much.
[1:04:24] show.
So thank you very much.
I‘m sharon, I want to follow up
[1:04:26] so thank you very much.
I‘m sharon, I want to follow up
With you about helping a group
[1:04:28] I‘m sharon, I want to follow up
With you about helping a group
Of lawyers that the county
[1:04:32] with you about helping a group
Of lawyers that the county
Relies on, who represent, who do
[1:04:34] of lawyers that the county
Relies on, who represent, who do
Our criminal public defense
[1:04:35] relies on, who represent, who do
Our criminal public defense
Work, they‘re solo
[1:04:38] our criminal public defense
Work, they‘re solo
Practitioners.
[1:04:39] work, they‘re solo
Practitioners.
And one thing we‘ve identified
[1:04:41] practitioners.
And one thing we‘ve identified
That could help make their work
[1:04:43] and one thing we‘ve identified
That could help make their work
More affordable, as if they had
[1:04:45] that could help make their work
More affordable, as if they had
Access to health care.
[1:04:47] more affordable, as if they had
Access to health care.
And we don‘t know how to help
[1:04:50] access to health care.
And we don‘t know how to help
Them do that, you.
[1:04:51] and we don‘t know how to help
Them do that, you.
[laughter]
[1:04:51] them do that, you.
[laughter]
Know,ut maybe you do.
[1:04:52] [laughter]
Know,ut maybe you do.
So we‘ll.
[1:04:53] know,ut maybe you do.
So we‘ll.
>> we‘ll.
[1:04:54] so we‘ll.
>> we‘ll.
[laughter]
[1:04:54] >> we‘ll.
[laughter]
Have a conversation, okay?
[1:04:55] [laughter]
Have a conversation, okay?
>> okay.
[1:04:57] have a conversation, okay?
>> okay.
Secondly, for all of those in
[1:04:58] >> okay.
Secondly, for all of those in
The room that have worked on
[1:05:00] secondly, for all of those in
The room that have worked on
Homelessness together with me,
[1:05:02] the room that have worked on
Homelessness together with me,
It‘s fun to see that central
[1:05:04] homelessness together with me,
It‘s fun to see that central
Health got a grant from echo.
[1:05:06] it‘s fun to see that central
Health got a grant from echo.
Did you all hear that?
[1:05:06] health got a grant from echo.
Did you all hear that?
That‘s pretty.
[1:05:08] did you all hear that?
That‘s pretty.
It‘s usually we‘re begging
[1:05:10] that‘s pretty.
It‘s usually we‘re begging
Central health for money for
[1:05:11] it‘s usually we‘re begging
Central health for money for
Echo.
[1:05:11] central health for money for
Echo.
So that‘s sort of a new way of
[1:05:13] echo.
So that‘s sort of a new way of
Doing business.
[1:05:14] so that‘s sort of a new way of
Doing business.
You talk about trust and you
[1:05:16] doing business.
You talk about trust and you
Talk about the community.
[1:05:17] you talk about trust and you
Talk about the community.
And with all this growth, can
[1:05:20] talk about the community.
And with all this growth, can
Anybody comment on what the rest
[1:05:24] and with all this growth, can
Anybody comment on what the rest
Of the health care community,
[1:05:26] anybody comment on what the rest
Of the health care community,
The the providers in the
[1:05:28] of the health care community,
The the providers in the
Community?
[1:05:29] the the providers in the
Community?
What are y‘all finding?
[1:05:31] community?
What are y‘all finding?
Are they accepng all of this
[1:05:35] what are y‘all finding?
Are they accepng all of this
Growth from central health, or
[1:05:36] are they accepng all of this
Growth from central health, or
Are you building new
[1:05:38] growth from central health, or
Are you building new
Relationships?
[1:05:38] are you building new
Relationships?
Like, what is your expansion
[1:05:41] relationships?
Like, what is your expansion
Doing to the ecosystem of health
[1:05:45] like, what is your expansion
Doing to the ecosystem of health
Care?
[1:05:45] doing to the ecosystem of health
Care?
I‘m just curious about that.
[1:05:46] care?
I‘m just curious about that.
>> yeah, I love that question.
[1:05:48] I‘m just curious about that.
>> yeah, I love that question.
And let me first say a huge
[1:05:50] >> yeah, I love that question.
And let me first say a huge
Thank you to matt, malika and
[1:05:51] and let me first say a huge
Thank you to matt, malika and
The team at echo.
[1:05:52] thank you to matt, malika and
The team at echo.
That collaboration and the
[1:05:54] the team at echo.
That collaboration and the
Collaboration with david gray
[1:05:55] that collaboration and the
Collaboration with david gray
And the city of austin, you
[1:05:56] collaboration with david gray
And the city of austin, you
Know, with pilar sanchez and the
[1:05:59] and the city of austin, you
Know, with pilar sanchez and the
Team at the county and our
[1:06:01] know, with pilar sanchez and the
Team at the county and our
Integral care colleagues, the
[1:06:02] team at the county and our
Integral care colleagues, the
Homeless community has opened
[1:06:03] integral care colleagues, the
Homeless community has opened
Their arms and have allowed us
[1:06:05] homeless community has opened
Their arms and have allowed us
To work together arm in arm, and
[1:06:07] their arms and have allowed us
To work together arm in arm, and
We really appreciate that.
[1:06:08] to work together arm in arm, and
We really appreciate that.
So I didn‘t want to miss that
[1:06:10] we really appreciate that.
So I didn‘t want to miss that
Point.
[1:06:10] so I didn‘t want to miss that
Point.
Thanks for calling that out and
[1:06:11] point.
Thanks for calling that out and
For your leadership.
[1:06:11] thanks for calling that out and
For your leadership.
Commissioner howard in that
[1:06:13] for your leadership.
Commissioner howard in that
Space.
[1:06:13] commissioner howard in that
Space.
And to your second question.
[1:06:16] space.
And to your second question.
The short answer is yes.
[1:06:18] and to your second question.
The short answer is yes.
You know, in these islands of
[1:06:21] the short answer is yes.
You know, in these islands of
Care, commissioner shea, a lot
[1:06:23] you know, in these islands of
Care, commissioner shea, a lot
Of patients couldn‘t get the
[1:06:25] care, commissioner shea, a lot
Of patients couldn‘t get the
Preventive care they needed.
[1:06:27] of patients couldn‘t get the
Preventive care they needed.
They couldn‘t manage their
[1:06:28] preventive care they needed.
They couldn‘t manage their
Chronic diseases.
[1:06:30] they couldn‘t manage their
Chronic diseases.
They went undiagnosed for their
[1:06:33] chronic diseases.
They went undiagnosed for their
Cancers until it was too late.
[1:06:34] they went undiagnosed for their
Cancers until it was too late.
But then they showed up in the
[1:06:36] cancers until it was too late.
But then they showed up in the
Emergency department and they
[1:06:38] but then they showed up in the
Emergency department and they
Showed up in the crisis care
[1:06:40] emergency department and they
Showed up in the crisis care
System, in the jail, on the
[1:06:42] showed up in the crisis care
System, in the jail, on the
Street, or just much more
[1:06:44] system, in the jail, on the
Street, or just much more
Advanced disease.
[1:06:45] street, or just much more
Advanced disease.
And no doctor likes to see that.
[1:06:48] advanced disease.
And no doctor likes to see that.
And so as we have begun to
[1:06:50] and no doctor likes to see that.
And so as we have begun to
Provide meaningful access across
[1:06:53] and so as we have begun to
Provide meaningful access across
35 new specialty and diagnostic
[1:06:56] provide meaningful access across
35 new specialty and diagnostic
Services for low income
[1:06:57] 35 new specialty and diagnostic
Services for low income
Individuals that did not exist
[1:06:59] services for low income
Individuals that did not exist
Before, we have found a lot of
[1:07:01] individuals that did not exist
Before, we have found a lot of
Common cause.
[1:07:02] before, we have found a lot of
Common cause.
In particular, I want to lift up
[1:07:04] common cause.
In particular, I want to lift up
Our colleagues at the university
[1:07:05] in particular, I want to lift up
Our colleagues at the university
Of texas, in particular, so many
[1:07:08] our colleagues at the university
Of texas, in particular, so many
Of the physicians, faculty,
[1:07:10] of texas, in particular, so many
Of the physicians, faculty,
Trainees, residents who‘ve come
[1:07:12] of the physicians, faculty,
Trainees, residents who‘ve come
To train or teach or serve at
[1:07:14] trainees, residents who‘ve come
To train or teach or serve at
Ut, you know, come because they
[1:07:17] to train or teach or serve at
Ut, you know, come because they
Believe in doing the very best
[1:07:19] ut, you know, come because they
Believe in doing the very best
That‘s that‘s possible on planet
[1:07:21] believe in doing the very best
That‘s that‘s possible on planet
Earth.
[1:07:21] that‘s that‘s possible on planet
Earth.
And they want to care for
[1:07:23] earth.
And they want to care for
Everybody in our community.
[1:07:24] and they want to care for
Everybody in our community.
And so there are innumerable
[1:07:27] everybody in our community.
And so there are innumerable
Conversations that we‘ve been
[1:07:28] and so there are innumerable
Conversations that we‘ve been
Having across a range of
[1:07:29] conversations that we‘ve been
Having across a range of
Specialties as we figure out
[1:07:31] having across a range of
Specialties as we figure out
Even better ways to work
[1:07:33] specialties as we figure out
Even better ways to work
Alongside.
[1:07:34] even better ways to work
Alongside.
And as the court has seen, I
[1:07:36] alongside.
And as the court has seen, I
Think in a relatively recent
[1:07:38] and as the court has seen, I
Think in a relatively recent
Presentation, much of that work
[1:07:39] think in a relatively recent
Presentation, much of that work
Is done by ut faculty and
[1:07:42] presentation, much of that work
Is done by ut faculty and
Fellows and residents and
[1:07:43] is done by ut faculty and
Fellows and residents and
Students in our community care.
[1:07:45] fellows and residents and
Students in our community care.
You know, clinical environments.
[1:07:48] students in our community care.
You know, clinical environments.
And soon, you know, in our
[1:07:49] you know, clinical environments.
And soon, you know, in our
Central health specialty
[1:07:50] and soon, you know, in our
Central health specialty
Environments as well.
[1:07:51] central health specialty
Environments as well.
And so I think it is a welcome
[1:07:54] environments as well.
And so I think it is a welcome
Thing to see that we are
[1:07:56] and so I think it is a welcome
Thing to see that we are
Beginning to round out the
[1:07:58] thing to see that we are
Beginning to round out the
Availability of services for the
[1:08:01] beginning to round out the
Availability of services for the
Probably 1 in 4, you know,
[1:08:03] availability of services for the
Probably 1 in 4, you know,
Eventually members of our
[1:08:05] probably 1 in 4, you know,
Eventually members of our
Community who need access, you
[1:08:07] eventually members of our
Community who need access, you
Know, and, and can‘t just go pay
[1:08:09] community who need access, you
Know, and, and can‘t just go pay
Out of pocket, you know, to one
[1:08:12] know, and, and can‘t just go pay
Out of pocket, you know, to one
Of the private clinics.
[1:08:13] out of pocket, you know, to one
Of the private clinics.
And so generally response in
[1:08:16] of the private clinics.
And so generally response in
Very, very positive,
[1:08:17] and so generally response in
Very, very positive,
Commissioner.
[1:08:17] very, very positive,
Commissioner.
>> thank you.
[1:08:18] commissioner.
>> thank you.
>> if I may contribute to that
[1:08:21] >> thank you.
>> if I may contribute to that
Within sendero, we have about
[1:08:25] >> if I may contribute to that
Within sendero, we have about
Close to 11,000 providers that
[1:08:27] within sendero, we have about
Close to 11,000 providers that
Are in our network, and we
[1:08:31] close to 11,000 providers that
Are in our network, and we
Continually.
[1:08:31] are in our network, and we
Continually.
In fact, just this week, I‘ve
[1:08:32] continually.
In fact, just this week, I‘ve
Had a conversation with my
[1:08:34] in fact, just this week, I‘ve
Had a conversation with my
Network team to say, slow it up,
[1:08:37] had a conversation with my
Network team to say, slow it up,
Guys.
[1:08:37] network team to say, slow it up,
Guys.
We can‘t quite keep up with the
[1:08:40] guys.
We can‘t quite keep up with the
Volume coming in of providers
[1:08:42] we can‘t quite keep up with the
Volume coming in of providers
Reaching out to sendero saying,
[1:08:44] volume coming in of providers
Reaching out to sendero saying,
We want to participate.
[1:08:45] reaching out to sendero saying,
We want to participate.
We want to be in your network.
[1:08:46] we want to participate.
We want to be in your network.
So I think the community at
[1:08:49] we want to be in your network.
So I think the community at
Large is very supportive of what
[1:08:52] so I think the community at
Large is very supportive of what
Central health is doing, and
[1:08:53] large is very supportive of what
Central health is doing, and
We‘re seeing that from the
[1:08:54] central health is doing, and
We‘re seeing that from the
Providers reaching out to us to
[1:08:55] we‘re seeing that from the
Providers reaching out to us to
Be a participant in our well
[1:08:57] providers reaching out to us to
Be a participant in our well
Within the sendero.
[1:08:58] be a participant in our well
Within the sendero.
So I think I think they‘re
[1:09:00] within the sendero.
So I think I think they‘re
Positive.
[1:09:00] so I think I think they‘re
Positive.
I think they appreciate what
[1:09:02] positive.
I think they appreciate what
We‘re doing, and they know that
[1:09:04] I think they appreciate what
We‘re doing, and they know that
If we can take care of this
[1:09:05] we‘re doing, and they know that
If we can take care of this
Population, it means that
[1:09:07] if we can take care of this
Population, it means that
They‘re not seeing patients that
[1:09:09] population, it means that
They‘re not seeing patients that
That aren‘t reimbursed.
[1:09:10] they‘re not seeing patients that
That aren‘t reimbursed.
They‘re not seeing patients in
[1:09:12] that aren‘t reimbursed.
They‘re not seeing patients in
The er, that there‘s that
[1:09:14] they‘re not seeing patients in
The er, that there‘s that
Wouldn‘t need to be there had
[1:09:16] the er, that there‘s that
Wouldn‘t need to be there had
They had appropriate primary
[1:09:17] wouldn‘t need to be there had
They had appropriate primary
Care.
[1:09:17] they had appropriate primary
Care.
So I think it‘s a positive
[1:09:19] care.
So I think it‘s a positive
Feedback for the provider
[1:09:20] so I think it‘s a positive
Feedback for the provider
Community.
[1:09:20] feedback for the provider
Community.
>> and I guess I was thinking
[1:09:22] community.
>> and I guess I was thinking
About other like clinic systems
[1:09:24] >> and I guess I was thinking
About other like clinic systems
Like austin regional clinic,
[1:09:26] about other like clinic systems
Like austin regional clinic,
Austin, austin diagnostic
[1:09:28] like austin regional clinic,
Austin, austin diagnostic
Clinic, like in a sense, you‘re
[1:09:30] austin, austin diagnostic
Clinic, like in a sense, you‘re
A new competitor to them.
[1:09:32] clinic, like in a sense, you‘re
A new competitor to them.
It seems like there‘s plenty of
[1:09:33] a new competitor to them.
It seems like there‘s plenty of
People to go around.
[1:09:34] it seems like there‘s plenty of
People to go around.
>> yeah.
[1:09:35] people to go around.
>> yeah.
Yes, but no.
[1:09:36] >> yeah.
Yes, but no.
And in the case of medicaid, we
[1:09:39] yes, but no.
And in the case of medicaid, we
Get a far superior reimbursement
[1:09:41] and in the case of medicaid, we
Get a far superior reimbursement
Rate than they do.
[1:09:42] get a far superior reimbursement
Rate than they do.
They lose money, frankly, on
[1:09:44] rate than they do.
They lose money, frankly, on
Every medicaid patient that they
[1:09:46] they lose money, frankly, on
Every medicaid patient that they
See.
[1:09:46] every medicaid patient that they
See.
Okay.
[1:09:47] see.
Okay.
And so they are happy to share.
[1:09:51] okay.
And so they are happy to share.
And in fact, we are visiting
[1:09:53] and so they are happy to share.
And in fact, we are visiting
Their spaces, learning things
[1:09:54] and in fact, we are visiting
Their spaces, learning things
From them on how to be more
[1:09:56] their spaces, learning things
From them on how to be more
Effective.
[1:09:57] from them on how to be more
Effective.
And so, you know, there may be
[1:09:59] effective.
And so, you know, there may be
Some tiny bit of competition,
[1:10:02] and so, you know, there may be
Some tiny bit of competition,
But generally we are all
[1:10:04] some tiny bit of competition,
But generally we are all
Collaborating together to do
[1:10:04] but generally we are all
Collaborating together to do
This work because it‘s in our
[1:10:05] collaborating together to do
This work because it‘s in our
Best interest.
[1:10:06] this work because it‘s in our
Best interest.
>> fabulous.
[1:10:07] best interest.
>> fabulous.
>> sounds like things are moving
[1:10:09] >> fabulous.
>> sounds like things are moving
Along better in this whole
[1:10:11] >> sounds like things are moving
Along better in this whole
Community, and I‘m especially
[1:10:13] along better in this whole
Community, and I‘m especially
Glad to see the numbers with
[1:10:15] community, and I‘m especially
Glad to see the numbers with
Sendero.
[1:10:15] glad to see the numbers with
Sendero.
That‘s a population that I have,
[1:10:18] sendero.
That‘s a population that I have,
You know, just really concern.
[1:10:21] that‘s a population that I have,
You know, just really concern.
And I really like the the
[1:10:24] you know, just really concern.
And I really like the the
Newsletter that y‘all had kind
[1:10:26] and I really like the the
Newsletter that y‘all had kind
Of talking about some of the
[1:10:27] newsletter that y‘all had kind
Of talking about some of the
Folks that you have enrolled who
[1:10:29] of talking about some of the
Folks that you have enrolled who
Are in bad need of health care.
[1:10:31] folks that you have enrolled who
Are in bad need of health care.
And I don‘t think they would
[1:10:34] are in bad need of health care.
And I don‘t think they would
Have gotten any other way.
[1:10:35] and I don‘t think they would
Have gotten any other way.
And so that‘s, that‘s what we
[1:10:37] have gotten any other way.
And so that‘s, that‘s what we
Need to do.
[1:10:37] and so that‘s, that‘s what we
Need to do.
That‘s what central health was
[1:10:39] need to do.
That‘s what central health was
Supposed to do.
[1:10:39] that‘s what central health was
Supposed to do.
So I‘m glad you all are doing
[1:10:41] supposed to do.
So I‘m glad you all are doing
It.
[1:10:41] so I‘m glad you all are doing
It.
Thank you all so much for the
[1:10:43] it.
Thank you all so much for the
Report.
[1:10:43] thank you all so much for the
Report.
>> thank you commissioner.
[1:10:45] report.
>> thank you commissioner.
>> thank you, thank you.
[1:10:46] >> thank you commissioner.
>> thank you, thank you.
>> thank you.
[1:10:49] >> thank you, thank you.
>> thank you.
Actually.
[1:10:50] >> thank you.
Actually.
>> yeah.
[1:10:56] actually.
>> yeah.
>> good job.
[1:10:58] >> yeah.
>> good job.
[laughter]
[1:10:58] >> good job.
[laughter]
Perla.
[1:11:00] [laughter]
Perla.
[laughter]
[1:11:01] perla.
[laughter]
>> yeah.
[1:11:01] [laughter]
>> yeah.
Good stage management.
[1:11:04] >> yeah.
Good stage management.
And.
[1:11:04] good stage management.
And.
[laughter]
[1:11:04] and.
[laughter]
Alicia.
[1:11:04] [laughter]
Alicia.
>> the next item that we have is
[1:11:11] alicia.
>> the next item that we have is
Three receive the spring 2026
[1:11:15] >> the next item that we have is
Three receive the spring 2026
Update from the housing
[1:11:17] three receive the spring 2026
Update from the housing
Authority of travis county.
[1:11:18] update from the housing
Authority of travis county.
>> and are we going to come to
[1:11:21] authority of travis county.
>> and are we going to come to
Two after that, commissioner?
[1:11:22] >> and are we going to come to
Two after that, commissioner?
>> I guess yeah, we just needed
[1:11:24] two after that, commissioner?
>> I guess yeah, we just needed
To take three because they have
[1:11:26] >> I guess yeah, we just needed
To take three because they have
Something else they need to
[1:11:27] to take three because they have
Something else they need to
Address.
[1:11:27] something else they need to
Address.
>> yeah, they‘ve got to present
[1:11:28] address.
>> yeah, they‘ve got to present
Now.
[1:11:29] >> yeah, they‘ve got to present
Now.
Okay.
[1:11:29] now.
Okay.
>> well, thank you.
[1:11:32] okay.
>> well, thank you.
I think david had the forms.
[1:11:38] >> well, thank you.
I think david had the forms.
Okay.
[1:11:38] I think david had the forms.
Okay.
All right.
[1:11:40] okay.
All right.
>> take care of it.
[1:11:41] all right.
>> take care of it.
>> okay.
[1:11:44] >> take care of it.
>> okay.
>> yeah, yeah.
[1:11:59] >> okay.
>> yeah, yeah.
>> you‘re good.
[1:12:02] >> yeah, yeah.
>> you‘re good.
>> good afternoon commissioners.
[1:12:09] >> you‘re good.
>> good afternoon commissioners.
>> good afternoon.
[1:12:09] >> good afternoon commissioners.
>> good afternoon.
>> happy affordable housing
[1:12:12] >> good afternoon.
>> happy affordable housing
Month.
[1:12:12] >> happy affordable housing
Month.
>> oh is it.
[1:12:12] month.
>> oh is it.
Thank you.
[1:12:12] >> oh is it.
Thank you.
>> yes.
[1:12:13] thank you.
>> yes.
Affordable housing month.
[1:12:14] >> yes.
Affordable housing month.
So we have a brief clip and then
[1:12:16] affordable housing month.
So we have a brief clip and then
We‘ll get started if that‘s
[1:12:18] so we have a brief clip and then
We‘ll get started if that‘s
Okay.
[1:12:19] we‘ll get started if that‘s
Okay.
>> thank you.
[1:12:19] okay.
>> thank you.
>> a dignified, safe, affordable
[1:12:24] >> thank you.
>> a dignified, safe, affordable
Place to live.
[1:12:24] >> a dignified, safe, affordable
Place to live.
Should have never been a luxury.
[1:12:27] place to live.
Should have never been a luxury.
This is what sustains life.
[1:12:31] should have never been a luxury.
This is what sustains life.
Mental health housing is health
[1:12:34] this is what sustains life.
Mental health housing is health
Care.
[1:12:34] mental health housing is health
Care.
Housing is access to education.
[1:12:37] care.
Housing is access to education.
Without going too deep, I think
[1:12:40] housing is access to education.
Without going too deep, I think
That folks are starting to
[1:12:42] without going too deep, I think
That folks are starting to
Realize this is a right and not
[1:12:45] that folks are starting to
Realize this is a right and not
Just for me, not just me and
[1:12:47] realize this is a right and not
Just for me, not just me and
Mine.
[1:12:47] just for me, not just me and
Mine.
Housing is a right for all of
[1:12:49] mine.
Housing is a right for all of
Us.
[1:12:49] housing is a right for all of
Us.
>> I think that the affordable
[1:12:51] us.
>> I think that the affordable
Housing crisis that the
[1:12:52] >> I think that the affordable
Housing crisis that the
Mainstream media talks about,
[1:12:54] housing crisis that the
Mainstream media talks about,
And the one that we hear or read
[1:12:56] mainstream media talks about,
And the one that we hear or read
Most about, is really not the
[1:12:59] and the one that we hear or read
Most about, is really not the
True affordable housing crisis
[1:13:01] most about, is really not the
True affordable housing crisis
In texas.
[1:13:01] true affordable housing crisis
In texas.
There has always been an
[1:13:05] in texas.
There has always been an
Underclass of people in this
[1:13:06] there has always been an
Underclass of people in this
State, a group of people who
[1:13:08] underclass of people in this
State, a group of people who
Have been ignored by government,
[1:13:12] state, a group of people who
Have been ignored by government,
By the private real estate
[1:13:14] have been ignored by government,
By the private real estate
Industry, by our public policies
[1:13:15] by the private real estate
Industry, by our public policies
And laws, which has deprived
[1:13:18] industry, by our public policies
And laws, which has deprived
Them of the ability to have a
[1:13:20] and laws, which has deprived
Them of the ability to have a
Decent place to live in a
[1:13:22] them of the ability to have a
Decent place to live in a
Neighborhood that‘s a good place
[1:13:24] decent place to live in a
Neighborhood that‘s a good place
Where they want to live and
[1:13:25] neighborhood that‘s a good place
Where they want to live and
Where they can raise their kids
[1:13:27] where they want to live and
Where they can raise their kids
Safely and afford it.
[1:13:29] where they can raise their kids
Safely and afford it.
We gave $61 billion of property
[1:13:32] safely and afford it.
We gave $61 billion of property
Tax relief, and we gave $0, $0
[1:13:35] we gave $61 billion of property
Tax relief, and we gave $0, $0
Of state money for affordable
[1:13:38] tax relief, and we gave $0, $0
Of state money for affordable
Housing for the poor.
[1:13:38] of state money for affordable
Housing for the poor.
And that‘s what really makes me
[1:13:42] housing for the poor.
And that‘s what really makes me
Angry.
[1:13:42] and that‘s what really makes me
Angry.
>> the biggest shift that I see
[1:13:45] angry.
>> the biggest shift that I see
In the city that I know and love
[1:13:48] >> the biggest shift that I see
In the city that I know and love
Is the depletion of naturally
[1:13:51] in the city that I know and love
Is the depletion of naturally
Affordable housing
[1:13:54] is the depletion of naturally
Affordable housing
Opportunities.
[1:13:54] affordable housing
Opportunities.
I grew up in a very working
[1:13:56] opportunities.
I grew up in a very working
Class community in south austin,
[1:13:59] I grew up in a very working
Class community in south austin,
And my mom told me that the
[1:14:02] class community in south austin,
And my mom told me that the
First apartment that she rented
[1:14:05] and my mom told me that the
First apartment that she rented
Here in austin in 1989, the rent
[1:14:08] first apartment that she rented
Here in austin in 1989, the rent
Was $275 a month.
[1:14:11] here in austin in 1989, the rent
Was $275 a month.
And while we were definitely
[1:14:14] was $275 a month.
And while we were definitely
Living in poverty, we were
[1:14:17] and while we were definitely
Living in poverty, we were
Stably housed.
[1:14:18] living in poverty, we were
Stably housed.
>> it‘s easy to just say more
[1:14:20] stably housed.
>> it‘s easy to just say more
Units better versus wait, let‘s
[1:14:22] >> it‘s easy to just say more
Units better versus wait, let‘s
What‘s the balance here?
[1:14:24] units better versus wait, let‘s
What‘s the balance here?
>> I don‘t know that I‘m
[1:14:25] what‘s the balance here?
>> I don‘t know that I‘m
Interested in rebuilding the
[1:14:27] >> I don‘t know that I‘m
Interested in rebuilding the
Affordable housing system as it
[1:14:30] interested in rebuilding the
Affordable housing system as it
Currently exists, but I will say
[1:14:33] affordable housing system as it
Currently exists, but I will say
That like reimagining the
[1:14:36] currently exists, but I will say
That like reimagining the
Housing landscape for low income
[1:14:41] that like reimagining the
Housing landscape for low income
Texans is absolutely my jam.
[1:14:43] housing landscape for low income
Texans is absolutely my jam.
>> I‘ve seen what a group of
[1:14:46] texans is absolutely my jam.
>> I‘ve seen what a group of
Righteously angry people can
[1:14:48] >> I‘ve seen what a group of
Righteously angry people can
Accomplish when they get
[1:14:49] righteously angry people can
Accomplish when they get
Together and they do something.
[1:14:51] accomplish when they get
Together and they do something.
>> we‘re here to support that
[1:14:53] together and they do something.
>> we‘re here to support that
Work, not to be in front of it,
[1:14:54] >> we‘re here to support that
Work, not to be in front of it,
But to give you all the tools
[1:14:56] work, not to be in front of it,
But to give you all the tools
And the resources you need to
[1:14:57] but to give you all the tools
And the resources you need to
Lift up your stories and your
[1:14:59] and the resources you need to
Lift up your stories and your
Community and to say, when we go
[1:15:00] lift up your stories and your
Community and to say, when we go
To the capital, I don‘t need to
[1:15:02] community and to say, when we go
To the capital, I don‘t need to
Be the person who talks to the
[1:15:03] to the capital, I don‘t need to
Be the person who talks to the
State legislature.
[1:15:04] be the person who talks to the
State legislature.
I want you in that room.
[1:15:05] state legislature.
I want you in that room.
>> my two takeaways.
[1:15:06] I want you in that room.
>> my two takeaways.
Let‘s build community and let‘s
[1:15:09] >> my two takeaways.
Let‘s build community and let‘s
Channel our righteous anger in a
[1:15:11] let‘s build community and let‘s
Channel our righteous anger in a
Way that‘s productive, to expand
[1:15:14] channel our righteous anger in a
Way that‘s productive, to expand
And preserve affordable housing
[1:15:16] way that‘s productive, to expand
And preserve affordable housing
For all.
[1:15:18] and preserve affordable housing
For all.
>> a dignified, safe.
[1:15:22] for all.
>> a dignified, safe.
>> that‘s just a little teaser
[1:15:25] >> a dignified, safe.
>> that‘s just a little teaser
From our hatc and community
[1:15:28] >> that‘s just a little teaser
From our hatc and community
Podcast that we‘ve been doing
[1:15:30] from our hatc and community
Podcast that we‘ve been doing
For the last year and a half.
[1:15:31] podcast that we‘ve been doing
For the last year and a half.
And in recognition of affordable
[1:15:35] for the last year and a half.
And in recognition of affordable
Housing month, we had some of
[1:15:36] and in recognition of affordable
Housing month, we had some of
Our community advocates to come
[1:15:39] housing month, we had some of
Our community advocates to come
On and talk about why housing is
[1:15:43] our community advocates to come
On and talk about why housing is
Important.
[1:15:43] on and talk about why housing is
Important.
I‘m patrick howard, ceo of the
[1:15:45] important.
I‘m patrick howard, ceo of the
Housing authority of travis
[1:15:47] I‘m patrick howard, ceo of the
Housing authority of travis
County.
[1:15:47] housing authority of travis
County.
Been able to be in this position
[1:15:49] county.
Been able to be in this position
For the last 11 years.
[1:15:50] been able to be in this position
For the last 11 years.
So I‘m grateful for that.
[1:15:51] for the last 11 years.
So I‘m grateful for that.
And I‘d like to introduce my
[1:15:53] so I‘m grateful for that.
And I‘d like to introduce my
Board members.
[1:15:54] and I‘d like to introduce my
Board members.
We‘ll start.
[1:15:55] board members.
We‘ll start.
Well, we have our consultant
[1:15:56] we‘ll start.
Well, we have our consultant
Who‘s been assisting us,
[1:15:58] well, we have our consultant
Who‘s been assisting us,
Veronica macon, who is a long
[1:15:59] who‘s been assisting us,
Veronica macon, who is a long
Term housing senior
[1:16:02] veronica macon, who is a long
Term housing senior
Professional.
[1:16:02] term housing senior
Professional.
And then we have we‘ll start
[1:16:05] professional.
And then we have we‘ll start
With mister roberts.
[1:16:06] and then we have we‘ll start
With mister roberts.
You want to introduce
[1:16:09] with mister roberts.
You want to introduce
Yourselves?
[1:16:09] you want to introduce
Yourselves?
I can introduce waving.
[1:16:10] yourselves?
I can introduce waving.
Yeah.
[1:16:11] I can introduce waving.
Yeah.
[laughter]
[1:16:11] yeah.
[laughter]
He‘s waving.
[1:16:11] [laughter]
He‘s waving.
Okay.
[1:16:11] he‘s waving.
Okay.
Mister roberts, we have a new
[1:16:15] okay.
Mister roberts, we have a new
Board member.
[1:16:16] mister roberts, we have a new
Board member.
Our newest board member, fareed.
[1:16:19] board member.
Our newest board member, fareed.
And then we have jolene keane,
[1:16:22] our newest board member, fareed.
And then we have jolene keane,
And we have miss the chair.
[1:16:23] and then we have jolene keane,
And we have miss the chair.
And the vice chair apologizes
[1:16:25] and we have miss the chair.
And the vice chair apologizes
That they couldn‘t be here.
[1:16:26] and the vice chair apologizes
That they couldn‘t be here.
Cheryl brown, vice chair, and
[1:16:28] that they couldn‘t be here.
Cheryl brown, vice chair, and
Laura getsy could not be with us
[1:16:29] cheryl brown, vice chair, and
Laura getsy could not be with us
Today.
[1:16:31] laura getsy could not be with us
Today.
So we‘ll move forward.
[1:16:34] today.
So we‘ll move forward.
So just I just want to let you
[1:16:36] so we‘ll move forward.
So just I just want to let you
All know that despite all the
[1:16:38] so just I just want to let you
All know that despite all the
Challenges that you all have
[1:16:40] all know that despite all the
Challenges that you all have
Shared a little bit about
[1:16:40] challenges that you all have
Shared a little bit about
Earlier, about federal funding
[1:16:42] shared a little bit about
Earlier, about federal funding
And what that looks like, it‘s
[1:16:45] earlier, about federal funding
And what that looks like, it‘s
Affecting affordable housing and
[1:16:46] and what that looks like, it‘s
Affecting affordable housing and
The industry as well.
[1:16:47] affecting affordable housing and
The industry as well.
We are suffering from cuts to
[1:16:52] the industry as well.
We are suffering from cuts to
Our housing emergency housing
[1:16:54] we are suffering from cuts to
Our housing emergency housing
Voucher program.
[1:16:55] our housing emergency housing
Voucher program.
20 vouchers will no longer be in
[1:16:57] voucher program.
20 vouchers will no longer be in
Existence for us.
[1:16:58] 20 vouchers will no longer be in
Existence for us.
And so we‘ve been having to be
[1:17:00] existence for us.
And so we‘ve been having to be
Creative about how we place
[1:17:02] and so we‘ve been having to be
Creative about how we place
Those individuals.
[1:17:03] creative about how we place
Those individuals.
We have cuts to our voucher
[1:17:05] those individuals.
We have cuts to our voucher
Program.
[1:17:05] we have cuts to our voucher
Program.
You know, we went under a
[1:17:07] program.
You know, we went under a
Shortfall.
[1:17:07] you know, we went under a
Shortfall.
The community continuum of care
[1:17:11] shortfall.
The community continuum of care
Housing has been threatened as
[1:17:13] the community continuum of care
Housing has been threatened as
Well, however, and I should also
[1:17:15] housing has been threatened as
Well, however, and I should also
Say, because of all the
[1:17:17] well, however, and I should also
Say, because of all the
Financial uncertainties with the
[1:17:19] say, because of all the
Financial uncertainties with the
Markets, there‘s been challenges
[1:17:21] financial uncertainties with the
Markets, there‘s been challenges
There as well, but we remain
[1:17:22] markets, there‘s been challenges
There as well, but we remain
Steadfast in our commitment to
[1:17:24] there as well, but we remain
Steadfast in our commitment to
Obviously providing affordable
[1:17:26] steadfast in our commitment to
Obviously providing affordable
Housing for all that being.
[1:17:28] obviously providing affordable
Housing for all that being.
>> could you comment on the
[1:17:29] housing for all that being.
>> could you comment on the
Shortfall?
[1:17:30] >> could you comment on the
Shortfall?
Is that still the status?
[1:17:32] shortfall?
Is that still the status?
>> it is.
[1:17:33] is that still the status?
>> it is.
We are there.
[1:17:34] >> it is.
We are there.
We are being allowed to provide
[1:17:38] we are there.
We are being allowed to provide
Limited.
[1:17:38] we are being allowed to provide
Limited.
Issuance of vouchers in certain
[1:17:42] limited.
Issuance of vouchers in certain
Situations, but we still are in
[1:17:44] issuance of vouchers in certain
Situations, but we still are in
A shortfall situation.
[1:17:45] situations, but we still are in
A shortfall situation.
>> okay.
[1:17:46] a shortfall situation.
>> okay.
>> but but what is the cause of
[1:17:47] >> okay.
>> but but what is the cause of
That?
[1:17:48] >> but but what is the cause of
That?
Is that because the state is cut
[1:17:49] that?
Is that because the state is cut
Back onunds available for
[1:17:51] is that because the state is cut
Back onunds available for
Vouchers, or was it something
[1:17:53] back onunds available for
Vouchers, or was it something
That happened on our end?
[1:17:54] vouchers, or was it something
That happened on our end?
>> no, it‘s the federal federal
[1:17:56] that happened on our end?
>> no, it‘s the federal federal
Government has elected not to
[1:17:58] >> no, it‘s the federal federal
Government has elected not to
Allow us to issue vouchers
[1:18:01] government has elected not to
Allow us to issue vouchers
Because of projected cuts,
[1:18:05] allow us to issue vouchers
Because of projected cuts,
Obviously, that are being
[1:18:08] because of projected cuts,
Obviously, that are being
Contemplated.
[1:18:08] obviously, that are being
Contemplated.
So we have a.
[1:18:09] contemplated.
So we have a.
Nationwide problem that.
[1:18:10] so we have a.
Nationwide problem that.
>> is.
[1:18:10] nationwide problem that.
>> is.
>> not unique to us.
[1:18:11] >> is.
>> not unique to us.
>> that‘s what I.
[1:18:12] >> not unique to us.
>> that‘s what I.
>> just saw.
[1:18:13] >> that‘s what I.
>> just saw.
The the secretary of hud in a
[1:18:17] >> just saw.
The the secretary of hud in a
Senate hearing say that he
[1:18:19] the the secretary of hud in a
Senate hearing say that he
Expected to cut back cdbg
[1:18:22] senate hearing say that he
Expected to cut back cdbg
Funding.
[1:18:23] expected to cut back cdbg
Funding.
And there was a whole exchange
[1:18:25] funding.
And there was a whole exchange
Between cutting back funding and
[1:18:28] and there was a whole exchange
Between cutting back funding and
Turning it over to the states.
[1:18:29] between cutting back funding and
Turning it over to the states.
And, and representative clyrn
[1:18:33] turning it over to the states.
And, and representative clyrn
Told him, basically, you know,
[1:18:36] and, and representative clyrn
Told him, basically, you know,
That we send the money to the
[1:18:37] told him, basically, you know,
That we send the money to the
States so that they can set up
[1:18:39] that we send the money to the
States so that they can set up
Their priorities.
[1:18:40] states so that they can set up
Their priorities.
Don‘t you?
[1:18:40] their priorities.
Don‘t you?
Evidently, he didn‘t know that
[1:18:42] don‘t you?
Evidently, he didn‘t know that
Very well.
[1:18:43] evidently, he didn‘t know that
Very well.
So yeah, it‘s.
[1:18:45] very well.
So yeah, it‘s.
So we just need to know
[1:18:48] so yeah, it‘s.
So we just need to know
Ultimately what the delta is
[1:18:50] so we just need to know
Ultimately what the delta is
Going to be.
[1:18:51] ultimately what the delta is
Going to be.
What what did you have in your
[1:18:53] going to be.
What what did you have in your
Baseline last year that you
[1:18:55] what what did you have in your
Baseline last year that you
Won‘t have this year and how
[1:18:57] baseline last year that you
Won‘t have this year and how
That‘s going to how that‘s going
[1:18:58] won‘t have this year and how
That‘s going to how that‘s going
To impact us and, and what we
[1:19:00] that‘s going to how that‘s going
To impact us and, and what we
Can do locally to address some
[1:19:02] to impact us and, and what we
Can do locally to address some
Address the things that we can
[1:19:04] can do locally to address some
Address the things that we can
Do.
[1:19:04] address the things that we can
Do.
But yeah, our, our hud secretary
[1:19:07] do.
But yeah, our, our hud secretary
Is, well, let‘s just say wasn‘t
[1:19:10] but yeah, our, our hud secretary
Is, well, let‘s just say wasn‘t
The brightest bulb in the pack.
[1:19:11] is, well, let‘s just say wasn‘t
The brightest bulb in the pack.
>> wow.
[1:19:12] the brightest bulb in the pack.
>> wow.
>> well, and we obviously are
[1:19:14] >> wow.
>> well, and we obviously are
Monitoring that.
[1:19:14] >> well, and we obviously are
Monitoring that.
And I mean, there‘s several
[1:19:16] monitoring that.
And I mean, there‘s several
Organizations, obviously with
[1:19:18] and I mean, there‘s several
Organizations, obviously with
Their finger on the pulse of
[1:19:19] organizations, obviously with
Their finger on the pulse of
Things that are happening.
[1:19:20] their finger on the pulse of
Things that are happening.
So certainly if there‘s
[1:19:21] things that are happening.
So certainly if there‘s
Opportunities to figure out how
[1:19:23] so certainly if there‘s
Opportunities to figure out how
We need to get creative about
[1:19:24] opportunities to figure out how
We need to get creative about
Such things, we certainly will
[1:19:26] we need to get creative about
Such things, we certainly will
Keep you all informed.
[1:19:27] such things, we certainly will
Keep you all informed.
But we are obviously having to
[1:19:29] keep you all informed.
But we are obviously having to
Deal with trying to make
[1:19:31] but we are obviously having to
Deal with trying to make
Adjustments.
[1:19:31] deal with trying to make
Adjustments.
Again, one of the voucher
[1:19:32] adjustments.
Again, one of the voucher
Programs is has been eliminated.
[1:19:37] again, one of the voucher
Programs is has been eliminated.
And that and so we‘ve been
[1:19:39] programs is has been eliminated.
And that and so we‘ve been
Accommodating those individuals
[1:19:41] and that and so we‘ve been
Accommodating those individuals
Through other means.
[1:19:42] accommodating those individuals
Through other means.
That being said, again, I
[1:19:45] through other means.
That being said, again, I
Mentioned members of the board
[1:19:47] that being said, again, I
Mentioned members of the board
Here, and we‘ll just continue on
[1:19:49] mentioned members of the board
Here, and we‘ll just continue on
With the presentation.
[1:19:50] here, and we‘ll just continue on
With the presentation.
So just the key leadership.
[1:19:53] with the presentation.
So just the key leadership.
Again, I‘ve been around for
[1:19:55] so just the key leadership.
Again, I‘ve been around for
Nearly 11 years, and then we
[1:19:57] again, I‘ve been around for
Nearly 11 years, and then we
Have other members of the
[1:19:59] nearly 11 years, and then we
Have other members of the
Leadership team, including the
[1:20:01] have other members of the
Leadership team, including the
Long term finance director and
[1:20:03] leadership team, including the
Long term finance director and
Hcv director, have been there
[1:20:05] long term finance director and
Hcv director, have been there
For some time.
[1:20:06] hcv director, have been there
For some time.
I just want to share a little
[1:20:09] for some time.
I just want to share a little
Bit about our affordable housing
[1:20:11] I just want to share a little
Bit about our affordable housing
Properties, and I‘m actually
[1:20:12] bit about our affordable housing
Properties, and I‘m actually
Going to share a link for for
[1:20:15] properties, and I‘m actually
Going to share a link for for
Folks that are interested in our
[1:20:16] going to share a link for for
Folks that are interested in our
Housing, we do provide detailed
[1:20:20] folks that are interested in our
Housing, we do provide detailed
Information via a link on our
[1:20:21] housing, we do provide detailed
Information via a link on our
Website that provides
[1:20:24] information via a link on our
Website that provides
Information about eligibility
[1:20:26] website that provides
Information about eligibility
And location and the like.
[1:20:27] information about eligibility
And location and the like.
We have six properties, two of
[1:20:30] and location and the like.
We have six properties, two of
Which are senior buildings in
[1:20:31] we have six properties, two of
Which are senior buildings in
The city of maynard.
[1:20:32] which are senior buildings in
The city of maynard.
And the balance of those four
[1:20:35] the city of maynard.
And the balance of those four
Are family sites throughout
[1:20:37] and the balance of those four
Are family sites throughout
Travis county, which you all are
[1:20:38] are family sites throughout
Travis county, which you all are
Pretty familiar with.
[1:20:39] travis county, which you all are
Pretty familiar with.
So if you looked at this link
[1:20:41] pretty familiar with.
So if you looked at this link
Not working, so the link‘s not
[1:20:43] so if you looked at this link
Not working, so the link‘s not
Working, but there is a link
[1:20:44] not working, so the link‘s not
Working, but there is a link
There and it typically works.
[1:20:46] working, but there is a link
There and it typically works.
Oh, there it is.
[1:20:47] there and it typically works.
Oh, there it is.
So you can see locations of the
[1:20:50] oh, there it is.
So you can see locations of the
Properties and click further.
[1:20:52] so you can see locations of the
Properties and click further.
It‘ll tell you details about
[1:20:54] properties and click further.
It‘ll tell you details about
Some of the eligibility and the
[1:20:56] it‘ll tell you details about
Some of the eligibility and the
Like.
[1:20:56] some of the eligibility and the
Like.
So that does exist.
[1:20:58] like.
So that does exist.
>> so can I ask the total number
[1:21:00] so that does exist.
>> so can I ask the total number
Of units that are available in
[1:21:03] >> so can I ask the total number
Of units that are available in
These properties that are
[1:21:04] of units that are available in
These properties that are
Already open?
[1:21:04] these properties that are
Already open?
And if there are, if there‘s
[1:21:07] already open?
And if there are, if there‘s
Much vacancy, I know a number of
[1:21:11] and if there are, if there‘s
Much vacancy, I know a number of
Programs around the community
[1:21:12] much vacancy, I know a number of
Programs around the community
Are seeing vacancies because
[1:21:13] programs around the community
Are seeing vacancies because
There‘s a lot of competition
[1:21:14] are seeing vacancies because
There‘s a lot of competition
With a lot of apartment units
[1:21:16] there‘s a lot of competition
With a lot of apartment units
Coming online.
[1:21:16] with a lot of apartment units
Coming online.
And I‘m just interested to know.
[1:21:18] coming online.
And I‘m just interested to know.
>> not for.
[1:21:18] and I‘m just interested to know.
>> not for.
>> deeply affordable units, as
[1:21:20] >> not for.
>> deeply affordable units, as
You know, housing, housing
[1:21:21] >> deeply affordable units, as
You know, housing, housing
Authority properties are housing
[1:21:22] you know, housing, housing
Authority properties are housing
Of last resort.
[1:21:23] authority properties are housing
Of last resort.
So zero income renters can
[1:21:25] of last resort.
So zero income renters can
Obviously live in affordable
[1:21:26] so zero income renters can
Obviously live in affordable
Housing where otherwise they
[1:21:27] obviously live in affordable
Housing where otherwise they
Couldn‘t in other places.
[1:21:28] housing where otherwise they
Couldn‘t in other places.
So we do not have very many
[1:21:30] couldn‘t in other places.
So we do not have very many
Vacancies.
[1:21:30] so we do not have very many
Vacancies.
We have 174 units collectively,
[1:21:34] vacancies.
We have 174 units collectively,
53 of those are the two senior
[1:21:36] we have 174 units collectively,
53 of those are the two senior
Buildings in the city of
[1:21:37] 53 of those are the two senior
Buildings in the city of
Maynard.
[1:21:37] buildings in the city of
Maynard.
And then the balance of those
[1:21:39] maynard.
And then the balance of those
Are family units of one, two,
[1:21:42] and then the balance of those
Are family units of one, two,
Three, four bedroom units.
[1:21:43] are family units of one, two,
Three, four bedroom units.
>> so of.
[1:21:44] three, four bedroom units.
>> so of.
>> all the six buildings that
[1:21:45] >> so of.
>> all the six buildings that
You have on that list, there are
[1:21:46] >> all the six buildings that
You have on that list, there are
100.
[1:21:47] you have on that list, there are
100.
>> and 74 units.
[1:21:48] 100.
>> and 74 units.
>> 174 vacancies.
[1:21:50] >> and 74 units.
>> 174 vacancies.
>> okay.
[1:21:50] >> 174 vacancies.
>> okay.
>> the voucher program.
[1:21:52] >> okay.
>> the voucher program.
Okay.
[1:21:53] >> the voucher program.
Okay.
Yes.
[1:21:53] okay.
Yes.
And here they are.
[1:21:55] yes.
And here they are.
Okay.
[1:21:58] and here they are.
Okay.
Just a bit about the voucher
[1:21:59] okay.
Just a bit about the voucher
Program before we go to that.
[1:22:00] just a bit about the voucher
Program before we go to that.
So our voucher program, we have
[1:22:03] program before we go to that.
So our voucher program, we have
691 units.
[1:22:04] so our voucher program, we have
691 units.
The traditional vouchers.
[1:22:06] 691 units.
The traditional vouchers.
And then we have 49 mainstream
[1:22:08] the traditional vouchers.
And then we have 49 mainstream
Units, which are specifically
[1:22:10] and then we have 49 mainstream
Units, which are specifically
For specific segment of the
[1:22:12] units, which are specifically
For specific segment of the
Population.
[1:22:13] for specific segment of the
Population.
So 740 vouchers that we were
[1:22:16] population.
So 740 vouchers that we were
Able to actually distribute.
[1:22:17] so 740 vouchers that we were
Able to actually distribute.
We‘re not obviously that‘s going
[1:22:19] able to actually distribute.
We‘re not obviously that‘s going
Away.
[1:22:20] we‘re not obviously that‘s going
Away.
And then continuum of care, we
[1:22:22] away.
And then continuum of care, we
Obviously offer funding through
[1:22:24] and then continuum of care, we
Obviously offer funding through
That program, which equates to
[1:22:27] obviously offer funding through
That program, which equates to
About 74 families on average a
[1:22:29] that program, which equates to
About 74 families on average a
Year.
[1:22:30] about 74 families on average a
Year.
It depends on obviously, bedroom
[1:22:31] year.
It depends on obviously, bedroom
Size because it‘s a grant.
[1:22:32] it depends on obviously, bedroom
Size because it‘s a grant.
And of course, as I mentioned,
[1:22:35] size because it‘s a grant.
And of course, as I mentioned,
That grant, the reduction looks
[1:22:37] and of course, as I mentioned,
That grant, the reduction looks
Like maybe about 4 million for
[1:22:38] that grant, the reduction looks
Like maybe about 4 million for
This region this year.
[1:22:40] like maybe about 4 million for
This region this year.
With the continuum of care
[1:22:42] this region this year.
With the continuum of care
Grant.
[1:22:42] with the continuum of care
Grant.
So that means those families
[1:22:45] grant.
So that means those families
Will we won‘t be able to serve
[1:22:46] so that means those families
Will we won‘t be able to serve
As many families as a region
[1:22:49] will we won‘t be able to serve
As many families as a region
Through that grant program.
[1:22:51] as many families as a region
Through that grant program.
>> so a $4 million reduction is
[1:22:53] through that grant program.
>> so a $4 million reduction is
How much of a reduction?
[1:22:54] >> so a $4 million reduction is
How much of a reduction?
>> well, we don‘t know yet.
[1:22:55] how much of a reduction?
>> well, we don‘t know yet.
Obviously, we‘re it‘s.
[1:22:56] >> well, we don‘t know yet.
Obviously, we‘re it‘s.
>> you know what your budget is
[1:22:58] obviously, we‘re it‘s.
>> you know what your budget is
Now, right?
[1:22:58] >> you know what your budget is
Now, right?
>> right.
[1:22:59] now, right?
>> right.
We have 1.4 million that we‘ve
[1:23:01] >> right.
We have 1.4 million that we‘ve
Got awarded traditionally in the
[1:23:03] we have 1.4 million that we‘ve
Got awarded traditionally in the
Last few years.
[1:23:04] got awarded traditionally in the
Last few years.
So of course, right now they‘re
[1:23:06] last few years.
So of course, right now they‘re
Review applications are due.
[1:23:08] so of course, right now they‘re
Review applications are due.
And so it depends on how that‘s
[1:23:10] review applications are due.
And so it depends on how that‘s
Funded.
[1:23:10] and so it depends on how that‘s
Funded.
But the region overall is going
[1:23:12] funded.
But the region overall is going
To see a $4 million reduction
[1:23:16] but the region overall is going
To see a $4 million reduction
Likely, which would mean it
[1:23:17] to see a $4 million reduction
Likely, which would mean it
Would be distributed amongst the
[1:23:19] likely, which would mean it
Would be distributed amongst the
The parties that are
[1:23:22] would be distributed amongst the
The parties that are
Participants.
[1:23:22] the parties that are
Participants.
>> grant to the coc.
[1:23:23] participants.
>> grant to the coc.
>> right.
[1:23:23] >> grant to the coc.
>> right.
>> which manages and spreads out
[1:23:26] >> right.
>> which manages and spreads out
To like 11 different.
[1:23:28] >> which manages and spreads out
To like 11 different.
>> that is correct.
[1:23:28] to like 11 different.
>> that is correct.
>> contracts.
[1:23:29] >> that is correct.
>> contracts.
And that‘s what‘s receiving a $4
[1:23:32] >> contracts.
And that‘s what‘s receiving a $4
Million rough cut to our
[1:23:35] and that‘s what‘s receiving a $4
Million rough cut to our
Community grant from hud, if you
[1:23:37] million rough cut to our
Community grant from hud, if you
Will.
[1:23:37] community grant from hud, if you
Will.
>> and the community is defined
[1:23:38] will.
>> and the community is defined
As just travis county or is it.
[1:23:39] >> and the community is defined
As just travis county or is it.
>> multi county, the geographic
[1:23:42] as just travis county or is it.
>> multi county, the geographic
Area, echo is the lead and
[1:23:44] >> multi county, the geographic
Area, echo is the lead and
Caritas lifeworks family.
[1:23:46] area, echo is the lead and
Caritas lifeworks family.
>> that is correct.
[1:23:47] caritas lifeworks family.
>> that is correct.
Yes.
[1:23:47] >> that is correct.
Yes.
>> all these nonprofits get some
[1:23:50] yes.
>> all these nonprofits get some
Of that money for different
[1:23:52] >> all these nonprofits get some
Of that money for different
Pieces of the continuum.
[1:23:53] of that money for different
Pieces of the continuum.
>> and that $4 million cut
[1:23:55] pieces of the continuum.
>> and that $4 million cut
Represents a 10% cut.
[1:23:56] >> and that $4 million cut
Represents a 10% cut.
>> 50.
[1:23:56] represents a 10% cut.
>> 50.
>> 40, 30.
[1:23:57] >> 50.
>> 40, 30.
>> it‘s just wondering.
[1:23:59] >> 40, 30.
>> it‘s just wondering.
>> what the size of the cut is.
[1:24:02] >> it‘s just wondering.
>> what the size of the cut is.
>> about 10%.
[1:24:03] >> what the size of the cut is.
>> about 10%.
My understanding.
[1:24:06] >> about 10%.
My understanding.
>> and the total, the what did
[1:24:08] my understanding.
>> and the total, the what did
You say?
[1:24:08] >> and the total, the what did
You say?
704 total vouchers.
[1:24:11] you say?
704 total vouchers.
Does that include the.
[1:24:12] 704 total vouchers.
Does that include the.
740 740?
[1:24:14] does that include the.
740 740?
Does that include the 174 units
[1:24:17] 740 740?
Does that include the 174 units
In the six buildings?
[1:24:19] does that include the 174 units
In the six buildings?
>> no, ma‘am.
[1:24:19] in the six buildings?
>> no, ma‘am.
>> that so the vouchers are in
[1:24:21] >> no, ma‘am.
>> that so the vouchers are in
Addition to.
[1:24:22] >> that so the vouchers are in
Addition to.
>> those vouchers is separate a
[1:24:23] addition to.
>> those vouchers is separate a
Separate program?
[1:24:24] >> those vouchers is separate a
Separate program?
Yes.
[1:24:24] separate program?
Yes.
>> okay.
[1:24:25] yes.
>> okay.
Thank you.
[1:24:27] >> okay.
Thank you.
>> okay.
[1:24:32] thank you.
>> okay.
And then with respect to our
[1:24:34] >> okay.
And then with respect to our
Partnership properties, we do
[1:24:36] and then with respect to our
Partnership properties, we do
Have properties throughout the
[1:24:39] partnership properties, we do
Have properties throughout the
County.
[1:24:39] have properties throughout the
County.
We actually celebrated our first
[1:24:43] county.
We actually celebrated our first
Tax credit property.
[1:24:44] we actually celebrated our first
Tax credit property.
Groundbreaking on yesterday in
[1:24:48] tax credit property.
Groundbreaking on yesterday in
Southeast southeast austin off
[1:24:50] groundbreaking on yesterday in
Southeast southeast austin off
East slaughter called sonora.
[1:24:52] southeast southeast austin off
East slaughter called sonora.
So that won‘t be shown here.
[1:24:55] east slaughter called sonora.
So that won‘t be shown here.
But we had the groundbreaking on
[1:24:57] so that won‘t be shown here.
But we had the groundbreaking on
Just yesterday.
[1:24:58] but we had the groundbreaking on
Just yesterday.
So we are continuing to partner
[1:25:01] just yesterday.
So we are continuing to partner
With entities to obviously
[1:25:03] so we are continuing to partner
With entities to obviously
Expand the supply of affordable
[1:25:05] with entities to obviously
Expand the supply of affordable
Housing, as many of the other
[1:25:06] expand the supply of affordable
Housing, as many of the other
Partners are here today, doing
[1:25:08] housing, as many of the other
Partners are here today, doing
Very much the same thing.
[1:25:09] partners are here today, doing
Very much the same thing.
>> so the units that are under
[1:25:11] very much the same thing.
>> so the units that are under
Construction on this map,
[1:25:12] >> so the units that are under
Construction on this map,
There‘s one, two, three, four,
[1:25:14] construction on this map,
There‘s one, two, three, four,
Five, six.
[1:25:14] there‘s one, two, three, four,
Five, six.
What‘s the total additional
[1:25:17] five, six.
What‘s the total additional
Units that that would provide?
[1:25:20] what‘s the total additional
Units that that would provide?
And is that the right way to
[1:25:20] units that that would provide?
And is that the right way to
Look at it?
[1:25:21] and is that the right way to
Look at it?
Since they‘re under construction
[1:25:22] look at it?
Since they‘re under construction
They‘re not available now.
[1:25:23] since they‘re under construction
They‘re not available now.
So when they‘re completed these
[1:25:26] they‘re not available now.
So when they‘re completed these
Would be new units that would be
[1:25:27] so when they‘re completed these
Would be new units that would be
Available.
[1:25:27] would be new units that would be
Available.
>> that‘s correct.
[1:25:29] available.
>> that‘s correct.
If you.
[1:25:30] >> that‘s correct.
If you.
>> just roughly.
[1:25:31] if you.
>> just roughly.
>> so we‘re talking about.
[1:25:34] >> just roughly.
>> so we‘re talking about.
Approximately.
[1:25:44] >> so we‘re talking about.
Approximately.
1200.
[1:25:45] approximately.
1200.
And what we decided to do is
[1:25:48] 1200.
And what we decided to do is
Obviously look at the properties
[1:25:50] and what we decided to do is
Obviously look at the properties
Under construction as opposed to
[1:25:51] obviously look at the properties
Under construction as opposed to
Those that have received
[1:25:52] under construction as opposed to
Those that have received
Entitlements, because that may
[1:25:54] those that have received
Entitlements, because that may
Mean that the financing is not
[1:25:55] entitlements, because that may
Mean that the financing is not
In place and that might not
[1:25:57] mean that the financing is not
In place and that might not
Happen.
[1:25:57] in place and that might not
Happen.
And so we to be conservative
[1:25:58] happen.
And so we to be conservative
About the number, we decided we
[1:26:00] and so we to be conservative
About the number, we decided we
Were going to only talk about
[1:26:01] about the number, we decided we
Were going to only talk about
Those that were under
[1:26:03] were going to only talk about
Those that were under
Construction.
[1:26:03] those that were under
Construction.
So we‘re talking about about
[1:26:05] construction.
So we‘re talking about about
1200 under construction.
[1:26:06] so we‘re talking about about
1200 under construction.
>> so those would be new units
[1:26:07] 1200 under construction.
>> so those would be new units
That would be available as
[1:26:09] >> so those would be new units
That would be available as
Deeply affordable units.
[1:26:10] that would be available as
Deeply affordable units.
>> that is.
[1:26:10] deeply affordable units.
>> that is.
>> well, let me not.
[1:26:12] >> that is.
>> well, let me not.
So not deeply affordable as in
[1:26:15] >> well, let me not.
So not deeply affordable as in
All 30 units.
[1:26:16] so not deeply affordable as in
All 30 units.
We‘re talking about anything
[1:26:17] all 30 units.
We‘re talking about anything
From 60, 60%, 80% units, 60%
[1:26:21] we‘re talking about anything
From 60, 60%, 80% units, 60%
Units, 30%.
[1:26:22] from 60, 60%, 80% units, 60%
Units, 30%.
>> units, okay.
[1:26:22] units, 30%.
>> units, okay.
50% units.
[1:26:25] >> units, okay.
50% units.
>> all right.
[1:26:27] 50% units.
>> all right.
So with respect to our existing
[1:26:32] >> all right.
So with respect to our existing
Inventory, as you know, over the
[1:26:33] so with respect to our existing
Inventory, as you know, over the
Years, we‘ve had properties that
[1:26:35] inventory, as you know, over the
Years, we‘ve had properties that
Have been aging and there‘s been
[1:26:38] years, we‘ve had properties that
Have been aging and there‘s been
A renewed commitment to
[1:26:39] have been aging and there‘s been
A renewed commitment to
Obviously preserve those.
[1:26:41] a renewed commitment to
Obviously preserve those.
And so we‘ve spent a significant
[1:26:43] obviously preserve those.
And so we‘ve spent a significant
Amount of funding of our own
[1:26:44] and so we‘ve spent a significant
Amount of funding of our own
Funding to rehab these
[1:26:46] amount of funding of our own
Funding to rehab these
Properties.
[1:26:46] funding to rehab these
Properties.
In addition to those we‘ve
[1:26:47] properties.
In addition to those we‘ve
Received from the state as well.
[1:26:49] in addition to those we‘ve
Received from the state as well.
So this is an example of
[1:26:52] received from the state as well.
So this is an example of
Rehabilitation that‘s going on
[1:26:54] so this is an example of
Rehabilitation that‘s going on
At eastern oaks, summit oaks,
[1:26:55] rehabilitation that‘s going on
At eastern oaks, summit oaks,
Alexander oaks.
[1:26:56] at eastern oaks, summit oaks,
Alexander oaks.
And then we are doing really
[1:26:59] alexander oaks.
And then we are doing really
Significant rehabilitation at
[1:27:01] and then we are doing really
Significant rehabilitation at
Our property at mentor town,
[1:27:03] significant rehabilitation at
Our property at mentor town,
Which is funding that.
[1:27:04] our property at mentor town,
Which is funding that.
We‘re using our own to do that
[1:27:07] which is funding that.
We‘re using our own to do that
Work.
[1:27:08] we‘re using our own to do that
Work.
And that‘s 33 units in the
[1:27:10] work.
And that‘s 33 units in the
Maynard town building in the
[1:27:12] and that‘s 33 units in the
Maynard town building in the
City of maynor.
[1:27:14] maynard town building in the
City of maynor.
I know there‘s always been
[1:27:16] city of maynor.
I know there‘s always been
Questions about how you achieve
[1:27:19] I know there‘s always been
Questions about how you achieve
Compliance and how we go about
[1:27:21] questions about how you achieve
Compliance and how we go about
Doing that.
[1:27:21] compliance and how we go about
Doing that.
We we do enlist the help of a
[1:27:26] doing that.
We we do enlist the help of a
Third party provider to assist
[1:27:28] we we do enlist the help of a
Third party provider to assist
Us with that work.
[1:27:29] third party provider to assist
Us with that work.
In addition to, obviously, those
[1:27:31] us with that work.
In addition to, obviously, those
That are required through the
[1:27:33] in addition to, obviously, those
That are required through the
Funding providers as well, which
[1:27:36] that are required through the
Funding providers as well, which
Is primarily td tdhca in the
[1:27:38] funding providers as well, which
Is primarily td tdhca in the
City of austin.
[1:27:41] is primarily td tdhca in the
City of austin.
And so.
[1:27:42] city of austin.
And so.
Additionally, obviously through
[1:27:44] and so.
Additionally, obviously through
Our third party property
[1:27:46] additionally, obviously through
Our third party property
Management management company
[1:27:47] our third party property
Management management company
That manages our entire
[1:27:49] management management company
That manages our entire
Portfolio of 174, we also have
[1:27:51] that manages our entire
Portfolio of 174, we also have
Internal compliance entity
[1:27:54] portfolio of 174, we also have
Internal compliance entity
Within that group to do that
[1:27:56] internal compliance entity
Within that group to do that
Same work.
[1:27:59] within that group to do that
Same work.
So I did talk a little bit about
[1:28:01] same work.
So I did talk a little bit about
The voucher program.
[1:28:02] so I did talk a little bit about
The voucher program.
Here‘s a more detailed breakdown
[1:28:04] the voucher program.
Here‘s a more detailed breakdown
About the voucher program.
[1:28:06] here‘s a more detailed breakdown
About the voucher program.
Port ns means that there are
[1:28:08] about the voucher program.
Port ns means that there are
Property.
[1:28:08] port ns means that there are
Property.
There are someone‘s coming to
[1:28:09] property.
There are someone‘s coming to
This region with a voucher in
[1:28:11] there are someone‘s coming to
This region with a voucher in
Hand, and that we are the entity
[1:28:14] this region with a voucher in
Hand, and that we are the entity
Either us typically, or the city
[1:28:16] hand, and that we are the entity
Either us typically, or the city
Of austin‘s housing authority
[1:28:17] either us typically, or the city
Of austin‘s housing authority
Will be managing that voucher on
[1:28:21] of austin‘s housing authority
Will be managing that voucher on
Behalf of the.
[1:28:21] will be managing that voucher on
Behalf of the.
That individual.
[1:28:24] behalf of the.
That individual.
So there‘s port ins, port outs
[1:28:25] that individual.
So there‘s port ins, port outs
When they actually move to
[1:28:26] so there‘s port ins, port outs
When they actually move to
Another location.
[1:28:27] when they actually move to
Another location.
We have stability vouchers,
[1:28:30] another location.
We have stability vouchers,
Emergency housing vouchers I
[1:28:31] we have stability vouchers,
Emergency housing vouchers I
Mentioned is going away
[1:28:33] emergency housing vouchers I
Mentioned is going away
Mainstream.
[1:28:34] mentioned is going away
Mainstream.
We have the 49 and then the
[1:28:36] mainstream.
We have the 49 and then the
Additional vouchers make up the
[1:28:39] we have the 49 and then the
Additional vouchers make up the
691 vouchers that I made mention
[1:28:40] additional vouchers make up the
691 vouchers that I made mention
Of.
[1:28:42] 691 vouchers that I made mention
Of.
>> what‘s the 434 category.
[1:28:44] of.
>> what‘s the 434 category.
>> so 434 is what‘s the the 740
[1:28:49] >> what‘s the 434 category.
>> so 434 is what‘s the the 740
Minus the 40, 49 mainstream
[1:28:52] >> so 434 is what‘s the the 740
Minus the 40, 49 mainstream
Vouchers, minus the 20 that are
[1:28:55] minus the 40, 49 mainstream
Vouchers, minus the 20 that are
Stability vouchers.
[1:28:56] vouchers, minus the 20 that are
Stability vouchers.
So 740 collectively, the 434 is
[1:29:01] stability vouchers.
So 740 collectively, the 434 is
A balance of what‘s not split
[1:29:03] so 740 collectively, the 434 is
A balance of what‘s not split
Out with the other program.
[1:29:04] a balance of what‘s not split
Out with the other program.
So again 740 is the number if
[1:29:07] out with the other program.
So again 740 is the number if
You‘re looking for a specific
[1:29:09] so again 740 is the number if
You‘re looking for a specific
Number of the total number of
[1:29:10] you‘re looking for a specific
Number of the total number of
Vouchers, this might be more
[1:29:11] number of the total number of
Vouchers, this might be more
Detail, might know the details,
[1:29:13] vouchers, this might be more
Detail, might know the details,
Might be throwing you off, but.
[1:29:14] detail, might know the details,
Might be throwing you off, but.
>> this is very helpful.
[1:29:15] might be throwing you off, but.
>> this is very helpful.
My question was what category is
[1:29:17] >> this is very helpful.
My question was what category is
That.
[1:29:18] my question was what category is
That.
434 blue.
[1:29:19] that.
434 blue.
I can‘t distinguish the blues
[1:29:20] 434 blue.
I can‘t distinguish the blues
And the.
[1:29:21] I can‘t distinguish the blues
And the.
>> that‘s the traditional
[1:29:22] and the.
>> that‘s the traditional
Housing choice voucher that‘s
[1:29:23] >> that‘s the traditional
Housing choice voucher that‘s
Not designated for a specific
[1:29:25] housing choice voucher that‘s
Not designated for a specific
Purpose.
[1:29:25] not designated for a specific
Purpose.
Sorry.
[1:29:26] purpose.
Sorry.
It‘s a very it‘s hard.
[1:29:27] sorry.
It‘s a very it‘s hard.
It‘s hard to see.
[1:29:28] it‘s a very it‘s hard.
It‘s hard to see.
But the very first category of
[1:29:30] it‘s hard to see.
But the very first category of
Housing choice vouchers.
[1:29:31] but the very first category of
Housing choice vouchers.
So those that are not elderly,
[1:29:35] housing choice vouchers.
So those that are not elderly,
Disabled or project based or.
[1:29:36] so those that are not elderly,
Disabled or project based or.
>> voucher.
[1:29:37] disabled or project based or.
>> voucher.
>> that is correct.
[1:29:38] >> voucher.
>> that is correct.
So that.
[1:29:39] >> that is correct.
So that.
So the traditional.
[1:29:41] so that.
So the traditional.
Conventional vouchers, the 434.
[1:29:46] so the traditional.
Conventional vouchers, the 434.
>> section eight kind of
[1:29:49] conventional vouchers, the 434.
>> section eight kind of
Voucher.
[1:29:49] >> section eight kind of
Voucher.
>> well, they‘re all section
[1:29:51] voucher.
>> well, they‘re all section
Eight, but some are specialty
[1:29:53] >> well, they‘re all section
Eight, but some are specialty
Vouchers that aren‘t designated
[1:29:55] eight, but some are specialty
Vouchers that aren‘t designated
For a specific purpose.
[1:29:56] vouchers that aren‘t designated
For a specific purpose.
>> okay.
[1:29:56] for a specific purpose.
>> okay.
>> right.
[1:29:59] >> okay.
>> right.
>> and we have family
[1:30:01] >> right.
>> and we have family
Unification ones, but we don‘t
[1:30:03] >> and we have family
Unification ones, but we don‘t
Have any of the youth specific
[1:30:05] unification ones, but we don‘t
Have any of the youth specific
Ones yet.
[1:30:05] have any of the youth specific
Ones yet.
>> we we don‘t we as in hatc.
[1:30:09] ones yet.
>> we we don‘t we as in hatc.
>> okay.
[1:30:12] >> we we don‘t we as in hatc.
>> okay.
>> that might change in the
[1:30:13] >> okay.
>> that might change in the
Future.
[1:30:13] >> that might change in the
Future.
But as of as of current, we
[1:30:15] future.
But as of as of current, we
Don‘t.
[1:30:15] but as of as of current, we
Don‘t.
So just an idea about sort of
[1:30:18] don‘t.
So just an idea about sort of
The distribution kind of gives
[1:30:21] so just an idea about sort of
The distribution kind of gives
You numbers of where folks are
[1:30:24] the distribution kind of gives
You numbers of where folks are
Located.
[1:30:24] you numbers of where folks are
Located.
Obviously, the majority of those
[1:30:27] located.
Obviously, the majority of those
Of the 740 live generally east
[1:30:30] obviously, the majority of those
Of the 740 live generally east
Of I-35, which is no surprise to
[1:30:32] of the 740 live generally east
Of I-35, which is no surprise to
Anyone.
[1:30:35] of I-35, which is no surprise to
Anyone.
But we are getting more of a
[1:30:37] anyone.
But we are getting more of a
Distribution.
[1:30:37] but we are getting more of a
Distribution.
We‘re happy to see that.
[1:30:39] distribution.
We‘re happy to see that.
Obviously, the idea of
[1:30:41] we‘re happy to see that.
Obviously, the idea of
Continuing to recruit landlords
[1:30:43] obviously, the idea of
Continuing to recruit landlords
In areas, otherwise they
[1:30:44] continuing to recruit landlords
In areas, otherwise they
Wouldn‘t be.
[1:30:45] in areas, otherwise they
Wouldn‘t be.
Available or willing is
[1:30:50] wouldn‘t be.
Available or willing is
Something that we continue to
[1:30:51] available or willing is
Something that we continue to
Work on, but that is just a
[1:30:53] something that we continue to
Work on, but that is just a
General idea about the
[1:30:54] work on, but that is just a
General idea about the
Distribution of our vouchers.
[1:30:56] general idea about the
Distribution of our vouchers.
>> so the one unit, it looks
[1:30:59] distribution of our vouchers.
>> so the one unit, it looks
Like that‘s out in the hills in
[1:31:01] >> so the one unit, it looks
Like that‘s out in the hills in
Lakeway, is that just a
[1:31:03] like that‘s out in the hills in
Lakeway, is that just a
Landlord?
[1:31:03] lakeway, is that just a
Landlord?
Were contracting with for.
[1:31:06] landlord?
Were contracting with for.
>> yes, one unit.
[1:31:07] were contracting with for.
>> yes, one unit.
>> one unit.
[1:31:08] >> yes, one unit.
>> one unit.
>> so that‘s probably a house.
[1:31:10] >> one unit.
>> so that‘s probably a house.
>> yeah.
[1:31:11] >> so that‘s probably a house.
>> yeah.
>> it‘s probably a house.
[1:31:14] >> yeah.
>> it‘s probably a house.
It could be an apartment with
[1:31:15] >> it‘s probably a house.
It could be an apartment with
One unit.
[1:31:16] it could be an apartment with
One unit.
It could be, I don‘t know, off
[1:31:17] one unit.
It could be, I don‘t know, off
The top of my head.
[1:31:18] it could be, I don‘t know, off
The top of my head.
But typically when you find
[1:31:20] the top of my head.
But typically when you find
Areas, those areas, typically
[1:31:22] but typically when you find
Areas, those areas, typically
You will find probably a single
[1:31:23] areas, those areas, typically
You will find probably a single
Family detached house, a small,
[1:31:25] you will find probably a single
Family detached house, a small,
Small unit.
[1:31:26] family detached house, a small,
Small unit.
>> okay.
[1:31:26] small unit.
>> okay.
>> thank you.
[1:31:26] >> okay.
>> thank you.
In most cases.
[1:31:29] >> thank you.
In most cases.
We made mention of this before.
[1:31:33] in most cases.
We made mention of this before.
We have received a designation
[1:31:36] we made mention of this before.
We have received a designation
As a moving to work agency.
[1:31:37] we have received a designation
As a moving to work agency.
There‘s only 139 136.
[1:31:43] as a moving to work agency.
There‘s only 139 136.
Housing authorities that have
[1:31:49] there‘s only 139 136.
Housing authorities that have
This designation, and we happen
[1:31:51] housing authorities that have
This designation, and we happen
To be one of those had decided
[1:31:53] this designation, and we happen
To be one of those had decided
To expand on the original 39
[1:31:56] to be one of those had decided
To expand on the original 39
Back in 2018, and we received
[1:31:59] to expand on the original 39
Back in 2018, and we received
The opportunity to apply and
[1:32:02] back in 2018, and we received
The opportunity to apply and
Were designated as such.
[1:32:03] the opportunity to apply and
Were designated as such.
What that does is provide some
[1:32:05] were designated as such.
What that does is provide some
Flexible flexibility as it
[1:32:06] what that does is provide some
Flexible flexibility as it
Relates to some of the federal
[1:32:08] flexible flexibility as it
Relates to some of the federal
Standards related to how you run
[1:32:09] relates to some of the federal
Standards related to how you run
Your program.
[1:32:11] standards related to how you run
Your program.
So we‘ve tried to leverage that
[1:32:13] your program.
So we‘ve tried to leverage that
In order to make to promote
[1:32:16] so we‘ve tried to leverage that
In order to make to promote
Self-sufficiency.
[1:32:17] in order to make to promote
Self-sufficiency.
So case in point, as an example.
[1:32:18] self-sufficiency.
So case in point, as an example.
Someone earning more income,
[1:32:21] so case in point, as an example.
Someone earning more income,
They got a raise at their job.
[1:32:23] someone earning more income,
They got a raise at their job.
We don‘t require you to come in
[1:32:25] they got a raise at their job.
We don‘t require you to come in
And do an interim
[1:32:27] we don‘t require you to come in
And do an interim
Recertification with the idea
[1:32:29] and do an interim
Recertification with the idea
That you would save those funds
[1:32:30] recertification with the idea
That you would save those funds
And be able to obviously become
[1:32:33] that you would save those funds
And be able to obviously become
More self-sufficient, as an
[1:32:34] and be able to obviously become
More self-sufficient, as an
Example.
[1:32:34] more self-sufficient, as an
Example.
But the traditional program
[1:32:36] example.
But the traditional program
Doesn‘t allow you to do that.
[1:32:37] but the traditional program
Doesn‘t allow you to do that.
You would have to make an
[1:32:39] doesn‘t allow you to do that.
You would have to make an
Adjustment in your you would
[1:32:41] you would have to make an
Adjustment in your you would
Have to go in and come in, do a
[1:32:43] adjustment in your you would
Have to go in and come in, do a
Recertification.
[1:32:44] have to go in and come in, do a
Recertification.
And that would mean your rent,
[1:32:45] recertification.
And that would mean your rent,
Your rent would go up.
[1:32:45] and that would mean your rent,
Your rent would go up.
>> is that what that second
[1:32:47] your rent would go up.
>> is that what that second
Bullet means?
[1:32:47] >> is that what that second
Bullet means?
Promote self-sufficiency,
[1:32:49] bullet means?
Promote self-sufficiency,
Provide incentives for families
[1:32:50] promote self-sufficiency,
Provide incentives for families
To find employment increase.
[1:32:52] provide incentives for families
To find employment increase.
>> that is, that isn‘t one
[1:32:53] to find employment increase.
>> that is, that isn‘t one
Example of such.
[1:32:54] >> that is, that isn‘t one
Example of such.
Yes, ma‘am.
[1:32:56] example of such.
Yes, ma‘am.
>> congrats.
[1:32:58] yes, ma‘am.
>> congrats.
>> so again, we talked about coc
[1:33:01] >> congrats.
>> so again, we talked about coc
And for a while obviously that
[1:33:04] >> so again, we talked about coc
And for a while obviously that
Funding is is there‘s some
[1:33:06] and for a while obviously that
Funding is is there‘s some
Uncertainty there.
[1:33:07] funding is is there‘s some
Uncertainty there.
But the providers in the area
[1:33:09] uncertainty there.
But the providers in the area
Have all been working together.
[1:33:10] but the providers in the area
Have all been working together.
We got early on, we got some
[1:33:15] have all been working together.
We got early on, we got some
Notification that we were going
[1:33:16] we got early on, we got some
Notification that we were going
To have to do a, an application.
[1:33:18] notification that we were going
To have to do a, an application.
So in the fall, we all were
[1:33:19] to have to do a, an application.
So in the fall, we all were
Pulling together and putting
[1:33:20] so in the fall, we all were
Pulling together and putting
Together application.
[1:33:21] pulling together and putting
Together application.
They suspended that.
[1:33:22] together application.
They suspended that.
So now we‘re back on the
[1:33:23] they suspended that.
So now we‘re back on the
Original schedule because it‘s
[1:33:24] so now we‘re back on the
Original schedule because it‘s
Supposed to be biennial.
[1:33:25] original schedule because it‘s
Supposed to be biennial.
So so it changes from day to day
[1:33:30] supposed to be biennial.
So so it changes from day to day
To day, unfortunately.
[1:33:30] so so it changes from day to day
To day, unfortunately.
But we, we know that there are
[1:33:33] to day, unfortunately.
But we, we know that there are
Shortfall a, a reduction in the
[1:33:36] but we, we know that there are
Shortfall a, a reduction in the
Amount of funds is coming.
[1:33:37] shortfall a, a reduction in the
Amount of funds is coming.
And so we‘re all trying to plan
[1:33:40] amount of funds is coming.
And so we‘re all trying to plan
Accordingly for such.
[1:33:40] and so we‘re all trying to plan
Accordingly for such.
But obviously that is a very
[1:33:43] accordingly for such.
But obviously that is a very
Critical program, as in the
[1:33:44] but obviously that is a very
Critical program, as in the
Homeless space.
[1:33:45] critical program, as in the
Homeless space.
And we hope that we can continue
[1:33:47] homeless space.
And we hope that we can continue
To provide that service.
[1:33:48] and we hope that we can continue
To provide that service.
>> and patrick, I think it could
[1:33:50] to provide that service.
>> and patrick, I think it could
Be upwards of a 30% cut to the
[1:33:52] >> and patrick, I think it could
Be upwards of a 30% cut to the
Coc funding.
[1:33:53] be upwards of a 30% cut to the
Coc funding.
>> you are correct.
[1:33:55] coc funding.
>> you are correct.
Yeah.
[1:33:55] >> you are correct.
Yeah.
You.
[1:33:55] yeah.
You.
Yes, that‘s probably more
[1:33:57] you.
Yes, that‘s probably more
Accurate.
[1:33:57] yes, that‘s probably more
Accurate.
Thank you.
[1:34:00] accurate.
Thank you.
Not better news, but it is more
[1:34:03] thank you.
Not better news, but it is more
More accurate as it relates to
[1:34:05] not better news, but it is more
More accurate as it relates to
What we‘re dealing with.
[1:34:06] more accurate as it relates to
What we‘re dealing with.
So we were successful for years.
[1:34:10] what we‘re dealing with.
So we were successful for years.
We had not had a family
[1:34:12] so we were successful for years.
We had not had a family
Self-sufficiency program.
[1:34:13] we had not had a family
Self-sufficiency program.
We did have a foundation that
[1:34:14] self-sufficiency program.
We did have a foundation that
Was doing some work.
[1:34:15] we did have a foundation that
Was doing some work.
But we‘re excited about the fact
[1:34:17] was doing some work.
But we‘re excited about the fact
That for the last year, we‘ve
[1:34:19] but we‘re excited about the fact
That for the last year, we‘ve
Had a family self-sufficiency
[1:34:21] that for the last year, we‘ve
Had a family self-sufficiency
Program.
[1:34:21] had a family self-sufficiency
Program.
You‘ll hear from one of our
[1:34:23] program.
You‘ll hear from one of our
Staff members later on as they
[1:34:24] you‘ll hear from one of our
Staff members later on as they
Talk about the down payment
[1:34:26] staff members later on as they
Talk about the down payment
Assistance program, because
[1:34:27] talk about the down payment
Assistance program, because
That‘s one of the things that
[1:34:28] assistance program, because
That‘s one of the things that
We‘re trying to promote is
[1:34:31] that‘s one of the things that
We‘re trying to promote is
Homeownership as well.
[1:34:31] we‘re trying to promote is
Homeownership as well.
But we are happy to say that we
[1:34:33] homeownership as well.
But we are happy to say that we
Are continuing to try to look in
[1:34:35] but we are happy to say that we
Are continuing to try to look in
How we invest in our families
[1:34:37] are continuing to try to look in
How we invest in our families
And make them more
[1:34:39] how we invest in our families
And make them more
Self-sufficient.
[1:34:39] and make them more
Self-sufficient.
So that‘s obviously a direct
[1:34:41] self-sufficient.
So that‘s obviously a direct
Result of the efforts of the
[1:34:44] so that‘s obviously a direct
Result of the efforts of the
Family, self-sufficiency staff
[1:34:46] result of the efforts of the
Family, self-sufficiency staff
And all of our partners as it
[1:34:48] family, self-sufficiency staff
And all of our partners as it
Relates to such.
[1:34:51] and all of our partners as it
Relates to such.
So again, the family
[1:34:55] relates to such.
So again, the family
Self-sufficiency program focuses
[1:34:57] so again, the family
Self-sufficiency program focuses
On things like homeownership,
[1:35:00] self-sufficiency program focuses
On things like homeownership,
Financial literacy, workforce
[1:35:03] on things like homeownership,
Financial literacy, workforce
Development, and the like.
[1:35:04] financial literacy, workforce
Development, and the like.
And so again, that is a very
[1:35:07] development, and the like.
And so again, that is a very
Successful program.
[1:35:08] and so again, that is a very
Successful program.
Over the years, many agencies
[1:35:11] successful program.
Over the years, many agencies
Obviously elect to participate
[1:35:13] over the years, many agencies
Obviously elect to participate
In that, in addition to some of
[1:35:14] obviously elect to participate
In that, in addition to some of
The other programs that we hope
[1:35:16] in that, in addition to some of
The other programs that we hope
To be able to do, like ross and
[1:35:18] the other programs that we hope
To be able to do, like ross and
Jobs plus in the future.
[1:35:19] to be able to do, like ross and
Jobs plus in the future.
But this is we are happy about
[1:35:21] jobs plus in the future.
But this is we are happy about
Our family self-sufficiency
[1:35:23] but this is we are happy about
Our family self-sufficiency
Program.
[1:35:23] our family self-sufficiency
Program.
So we that family
[1:35:29] program.
So we that family
Self-sufficiency is is a part of
[1:35:31] so we that family
Self-sufficiency is is a part of
Our broader initiative with our
[1:35:33] self-sufficiency is is a part of
Our broader initiative with our
Foundation, our 501 c three that
[1:35:35] our broader initiative with our
Foundation, our 501 c three that
We created back in 2017 to
[1:35:38] foundation, our 501 c three that
We created back in 2017 to
Promote self-sufficiency.
[1:35:40] we created back in 2017 to
Promote self-sufficiency.
So even outside of the family
[1:35:42] promote self-sufficiency.
So even outside of the family
Self-sufficiency program, which
[1:35:43] so even outside of the family
Self-sufficiency program, which
If you‘re familiar with it, is
[1:35:45] self-sufficiency program, which
If you‘re familiar with it, is
Very prescribed.
[1:35:46] if you‘re familiar with it, is
Very prescribed.
We are we are partnering with
[1:35:48] very prescribed.
We are we are partnering with
Entities like the urban league,
[1:35:50] we are we are partnering with
Entities like the urban league,
Black men‘s health clinic,
[1:35:52] entities like the urban league,
Black men‘s health clinic,
Central food bank.
[1:35:53] black men‘s health clinic,
Central food bank.
We have a we have a farmer‘s
[1:35:55] central food bank.
We have a we have a farmer‘s
Market at our senior building
[1:35:57] we have a we have a farmer‘s
Market at our senior building
Every month.
[1:35:57] market at our senior building
Every month.
And we‘ve done that for more
[1:35:58] every month.
And we‘ve done that for more
Than a year.
[1:35:59] and we‘ve done that for more
Than a year.
And other partnerships we have,
[1:36:02] than a year.
And other partnerships we have,
Like with south state bank, but
[1:36:03] and other partnerships we have,
Like with south state bank, but
Very happy about those community
[1:36:05] like with south state bank, but
Very happy about those community
Partners that have stepped up
[1:36:08] very happy about those community
Partners that have stepped up
And assisted us as we‘ve tried
[1:36:10] partners that have stepped up
And assisted us as we‘ve tried
To work on help empowering our
[1:36:12] and assisted us as we‘ve tried
To work on help empowering our
Residents.
[1:36:12] to work on help empowering our
Residents.
So we‘re very excited about
[1:36:14] residents.
So we‘re very excited about
Those things.
[1:36:14] so we‘re very excited about
Those things.
>> where do you have the
[1:36:16] those things.
>> where do you have the
Farmer‘s market?
[1:36:16] >> where do you have the
Farmer‘s market?
>> it‘s at maynard town, maynard
[1:36:19] farmer‘s market?
>> it‘s at maynard town, maynard
Town two, our apartments in the
[1:36:22] >> it‘s at maynard town, maynard
Town two, our apartments in the
City of maynard.
[1:36:23] town two, our apartments in the
City of maynard.
We have it.
[1:36:23] city of maynard.
We have it.
The next one is coming up.
[1:36:26] we have it.
The next one is coming up.
Next week.
[1:36:26] the next one is coming up.
Next week.
Next tuesday, be there or be
[1:36:28] next week.
Next tuesday, be there or be
Square next tuesday from 1130 to
[1:36:31] next tuesday, be there or be
Square next tuesday from 1130 to
1230.
[1:36:31] square next tuesday from 1130 to
1230.
>> okay?
[1:36:31] 1230.
>> okay?
>> yes.
[1:36:33] >> okay?
>> yes.
So on that note, we actually are
[1:36:35] >> yes.
So on that note, we actually are
Going to be participating in a.
[1:36:38] so on that note, we actually are
Going to be participating in a.
And with the food bank to do a
[1:36:42] going to be participating in a.
And with the food bank to do a
Hot meal deliveries for our
[1:36:45] and with the food bank to do a
Hot meal deliveries for our
Seniors, up to 50 seniors.
[1:36:46] hot meal deliveries for our
Seniors, up to 50 seniors.
We‘re also going to be expanding
[1:36:48] seniors, up to 50 seniors.
We‘re also going to be expanding
And doing a summer lunch program
[1:36:51] we‘re also going to be expanding
And doing a summer lunch program
As well at one of the sites.
[1:36:52] and doing a summer lunch program
As well at one of the sites.
So again, our partnership with
[1:36:53] as well at one of the sites.
So again, our partnership with
The food bank, we can‘t say
[1:36:55] so again, our partnership with
The food bank, we can‘t say
Enough about how happy we are
[1:36:57] the food bank, we can‘t say
Enough about how happy we are
About being able to partner with
[1:36:58] enough about how happy we are
About being able to partner with
Them on such initiatives.
[1:37:02] about being able to partner with
Them on such initiatives.
So again, the more about the
[1:37:07] them on such initiatives.
So again, the more about the
Foundation, just doing great
[1:37:08] so again, the more about the
Foundation, just doing great
Work and really happy about
[1:37:11] foundation, just doing great
Work and really happy about
That.
[1:37:12] work and really happy about
That.
So we completed our third
[1:37:16] that.
So we completed our third
Strategic plan last fall.
[1:37:17] so we completed our third
Strategic plan last fall.
We approved that in december.
[1:37:20] strategic plan last fall.
We approved that in december.
And so we‘re in the throes of
[1:37:22] we approved that in december.
And so we‘re in the throes of
Our our five year plan.
[1:37:25] and so we‘re in the throes of
Our our five year plan.
That speaks to some of what I
[1:37:27] our our five year plan.
That speaks to some of what I
Talked about as it relates to
[1:37:29] that speaks to some of what I
Talked about as it relates to
Resident initiatives, finance,
[1:37:31] talked about as it relates to
Resident initiatives, finance,
Real estate development, hr and
[1:37:33] resident initiatives, finance,
Real estate development, hr and
Organizational development and
[1:37:34] real estate development, hr and
Organizational development and
The like.
[1:37:34] organizational development and
The like.
And so we are putting those
[1:37:36] the like.
And so we are putting those
Things in place with the help
[1:37:38] and so we are putting those
Things in place with the help
And leadership of the board and
[1:37:39] things in place with the help
And leadership of the board and
Our partners.
[1:37:40] and leadership of the board and
Our partners.
So we‘re very happy about
[1:37:42] our partners.
So we‘re very happy about
Continuing to look forward as we
[1:37:44] so we‘re very happy about
Continuing to look forward as we
Talk about having a roadmap for
[1:37:47] continuing to look forward as we
Talk about having a roadmap for
The future.
[1:37:49] talk about having a roadmap for
The future.
So again, our partnership,
[1:37:54] the future.
So again, our partnership,
Workforce housing, I shared
[1:37:55] so again, our partnership,
Workforce housing, I shared
About one of our projects.
[1:37:56] workforce housing, I shared
About one of our projects.
We are continuing to partner
[1:37:59] about one of our projects.
We are continuing to partner
Again in those.
[1:38:00] we are continuing to partner
Again in those.
And that‘s what makes us able to
[1:38:03] again in those.
And that‘s what makes us able to
Continue to advance our mission.
[1:38:05] and that‘s what makes us able to
Continue to advance our mission.
Despite all the challenges that
[1:38:07] continue to advance our mission.
Despite all the challenges that
We, we, we face with all the
[1:38:09] despite all the challenges that
We, we, we face with all the
Uncertainty, we‘re still moving
[1:38:10] we, we, we face with all the
Uncertainty, we‘re still moving
Forward.
[1:38:10] uncertainty, we‘re still moving
Forward.
So.
[1:38:12] forward.
So.
Podcast, you heard a little bit
[1:38:15] so.
Podcast, you heard a little bit
About it.
[1:38:15] podcast, you heard a little bit
About it.
Tune in to the youtube channel
[1:38:18] about it.
Tune in to the youtube channel
To hear more about some of the
[1:38:19] tune in to the youtube channel
To hear more about some of the
Things that we‘re doing, but we
[1:38:21] to hear more about some of the
Things that we‘re doing, but we
Want affordable housing for
[1:38:24] things that we‘re doing, but we
Want affordable housing for
Vulnerable populations to be
[1:38:25] want affordable housing for
Vulnerable populations to be
Front and center.
[1:38:26] vulnerable populations to be
Front and center.
And part of conversations that
[1:38:28] front and center.
And part of conversations that
People are having, because it‘s
[1:38:30] and part of conversations that
People are having, because it‘s
Important to understand why that
[1:38:32] people are having, because it‘s
Important to understand why that
Needs to be talked about,
[1:38:33] important to understand why that
Needs to be talked about,
Because it‘s a community
[1:38:34] needs to be talked about,
Because it‘s a community
Problem.
[1:38:34] because it‘s a community
Problem.
So we‘ve continued to put the
[1:38:36] problem.
So we‘ve continued to put the
Word out about such things,
[1:38:38] so we‘ve continued to put the
Word out about such things,
Leveraging social media, youtube
[1:38:40] word out about such things,
Leveraging social media, youtube
And the like to be able to talk
[1:38:42] leveraging social media, youtube
And the like to be able to talk
About such things.
[1:38:42] and the like to be able to talk
About such things.
So.
[1:38:43] about such things.
So.
Just some of the, some of the,
[1:38:47] so.
Just some of the, some of the,
Some of the podcasts that we‘ve
[1:38:49] just some of the, some of the,
Some of the podcasts that we‘ve
Done to date, we interviewed
[1:38:51] some of the podcasts that we‘ve
Done to date, we interviewed
Doctor lee last fall, which was
[1:38:53] done to date, we interviewed
Doctor lee last fall, which was
A lot of fun.
[1:38:54] doctor lee last fall, which was
A lot of fun.
Food bank and others.
[1:38:55] a lot of fun.
Food bank and others.
So we‘re going to continue that,
[1:38:58] food bank and others.
So we‘re going to continue that,
Continue that work of putting
[1:38:59] so we‘re going to continue that,
Continue that work of putting
The word out.
[1:38:59] continue that work of putting
The word out.
For those that support it.
[1:39:06] the word out.
For those that support it.
We thank you so much.
[1:39:07] for those that support it.
We thank you so much.
We celebrated 50 years of being
[1:39:11] we thank you so much.
We celebrated 50 years of being
An agency in this community
[1:39:13] we celebrated 50 years of being
An agency in this community
Dedicated to providing
[1:39:15] an agency in this community
Dedicated to providing
Affordable housing.
[1:39:15] dedicated to providing
Affordable housing.
We had a very fun event in
[1:39:19] affordable housing.
We had a very fun event in
December at the norris
[1:39:20] we had a very fun event in
December at the norris
Conference center to celebrate
[1:39:22] december at the norris
Conference center to celebrate
Again, celebrating 50 years of
[1:39:24] conference center to celebrate
Again, celebrating 50 years of
Us being partners in this
[1:39:26] again, celebrating 50 years of
Us being partners in this
Community.
[1:39:28] us being partners in this
Community.
Any questions?
[1:39:31] community.
Any questions?
That concludes my presentation.
[1:39:33] any questions?
That concludes my presentation.
>> questions.
[1:39:35] that concludes my presentation.
>> questions.
I‘ve got one.
[1:39:35] >> questions.
I‘ve got one.
One of the things that I
[1:39:37] I‘ve got one.
One of the things that I
Visited, the foundation
[1:39:39] one of the things that I
Visited, the foundation
Communities ribbon cutting on
[1:39:42] visited, the foundation
Communities ribbon cutting on
Their new.
[1:39:42] communities ribbon cutting on
Their new.
I think it was juniper creek and
[1:39:45] their new.
I think it was juniper creek and
They had representatives from a
[1:39:48] I think it was juniper creek and
They had representatives from a
Couple of different.
[1:39:49] they had representatives from a
Couple of different.
I think they were like banks
[1:39:51] couple of different.
I think they were like banks
That I don‘t know if they were
[1:39:52] I think they were like banks
That I don‘t know if they were
Using their their red line, you
[1:39:53] that I don‘t know if they were
Using their their red line, you
Know, reinvestment funds to help
[1:39:55] using their their red line, you
Know, reinvestment funds to help
Put money into these kinds of
[1:39:57] know, reinvestment funds to help
Put money into these kinds of
Projects.
[1:39:57] put money into these kinds of
Projects.
But they they have a matching
[1:40:01] projects.
But they they have a matching
Fund that they offer to
[1:40:03] but they they have a matching
Fund that they offer to
Residents to save money for a
[1:40:06] fund that they offer to
Residents to save money for a
Down payment, to purchase a
[1:40:09] residents to save money for a
Down payment, to purchase a
Home, and to the representatives
[1:40:11] down payment, to purchase a
Home, and to the representatives
From two different banks said
[1:40:13] home, and to the representatives
From two different banks said
They can also match those funds,
[1:40:17] from two different banks said
They can also match those funds,
And they can be cumulative.
[1:40:20] they can also match those funds,
And they can be cumulative.
So it can actually turn into
[1:40:22] and they can be cumulative.
So it can actually turn into
Quite a substantial amount of
[1:40:26] so it can actually turn into
Quite a substantial amount of
Funding for residents who may
[1:40:28] quite a substantial amount of
Funding for residents who may
Want to save up, may be able to
[1:40:30] funding for residents who may
Want to save up, may be able to
Save up for some potential
[1:40:32] want to save up, may be able to
Save up for some potential
Homeownership in the future.
[1:40:33] save up for some potential
Homeownership in the future.
I don‘t know if that‘s something
[1:40:34] homeownership in the future.
I don‘t know if that‘s something
That‘s possible for the
[1:40:38] I don‘t know if that‘s something
That‘s possible for the
Residents.
[1:40:38] that‘s possible for the
Residents.
I know that these are very, very
[1:40:40] residents.
I know that these are very, very
Low income housing residents.
[1:40:43] I know that these are very, very
Low income housing residents.
So it may not it may not be
[1:40:46] low income housing residents.
So it may not it may not be
Feasible.
[1:40:46] so it may not it may not be
Feasible.
But is that something that you
[1:40:47] feasible.
But is that something that you
All have looked at?
[1:40:48] but is that something that you
All have looked at?
It just seemed like a great
[1:40:49] all have looked at?
It just seemed like a great
Program to me.
[1:40:50] it just seemed like a great
Program to me.
And one where private banks were
[1:40:52] program to me.
And one where private banks were
Literally volunteering to help
[1:40:55] and one where private banks were
Literally volunteering to help
Contribute to match those funds.
[1:40:56] literally volunteering to help
Contribute to match those funds.
>> well.
[1:40:57] contribute to match those funds.
>> well.
>> I think this historically, I
[1:40:59] >> well.
>> I think this historically, I
Mean, the, the, with the
[1:41:00] >> I think this historically, I
Mean, the, the, with the
Community reinvestment act funds
[1:41:02] mean, the, the, with the
Community reinvestment act funds
Being banks have been critically
[1:41:03] community reinvestment act funds
Being banks have been critically
Important with down payment
[1:41:05] being banks have been critically
Important with down payment
Assistance.
[1:41:05] important with down payment
Assistance.
I know there‘s a presentation a
[1:41:06] assistance.
I know there‘s a presentation a
Little later about down payment
[1:41:08] I know there‘s a presentation a
Little later about down payment
Assistance program, but we
[1:41:10] little later about down payment
Assistance program, but we
Certainly believe that we‘re
[1:41:11] assistance program, but we
Certainly believe that we‘re
Going to try to leverage as much
[1:41:13] certainly believe that we‘re
Going to try to leverage as much
As we can related to how we can
[1:41:16] going to try to leverage as much
As we can related to how we can
Ensure a greater likelihood of
[1:41:19] as we can related to how we can
Ensure a greater likelihood of
Folks becoming homeowners, to
[1:41:21] ensure a greater likelihood of
Folks becoming homeowners, to
Include some of what you‘re
[1:41:22] folks becoming homeowners, to
Include some of what you‘re
Talking about.
[1:41:22] include some of what you‘re
Talking about.
So I‘m I‘m sure that that is
[1:41:24] talking about.
So I‘m I‘m sure that that is
Part of some of what we‘ve been
[1:41:26] so I‘m I‘m sure that that is
Part of some of what we‘ve been
Looking into.
[1:41:26] part of some of what we‘ve been
Looking into.
We have south state bank that
[1:41:29] looking into.
We have south state bank that
Has helped us with one of our
[1:41:31] we have south state bank that
Has helped us with one of our
Programs, has expressed interest
[1:41:34] has helped us with one of our
Programs, has expressed interest
In doing more as it relates to
[1:41:36] programs, has expressed interest
In doing more as it relates to
That.
[1:41:36] in doing more as it relates to
That.
So we certainly will continue to
[1:41:38] that.
So we certainly will continue to
Pursue those kinds of
[1:41:40] so we certainly will continue to
Pursue those kinds of
Partnerships.
[1:41:40] pursue those kinds of
Partnerships.
As you mentioned.
[1:41:41] partnerships.
As you mentioned.
>> okay, great.
[1:41:42] as you mentioned.
>> okay, great.
>> thank you.
[1:41:43] >> okay, great.
>> thank you.
>> commissioner.
[1:41:45] >> thank you.
>> commissioner.
>> do I know any of the other.
[1:41:46] >> commissioner.
>> do I know any of the other.
What‘s.
[1:41:48] >> do I know any of the other.
What‘s.
I got business cards and I‘ve
[1:41:49] what‘s.
I got business cards and I‘ve
Forgotten their names, but.
[1:41:52] I got business cards and I‘ve
Forgotten their names, but.
Foundation communities partners
[1:41:55] forgotten their names, but.
Foundation communities partners
With them.
[1:41:55] foundation communities partners
With them.
So I think that there should be
[1:41:57] with them.
So I think that there should be
Either a public record of it or.
[1:41:58] so I think that there should be
Either a public record of it or.
Probably walter monroe would be
[1:42:00] either a public record of it or.
Probably walter monroe would be
Happy to share that information.
[1:42:01] probably walter monroe would be
Happy to share that information.
>> absolutely.
[1:42:01] happy to share that information.
>> absolutely.
>> but they were they were
[1:42:05] >> absolutely.
>> but they were they were
Contributing funds matching what
[1:42:06] >> but they were they were
Contributing funds matching what
The residents were able to save.
[1:42:08] contributing funds matching what
The residents were able to save.
And they had to reduce some of
[1:42:11] the residents were able to save.
And they had to reduce some of
Their matching funds just
[1:42:12] and they had to reduce some of
Their matching funds just
Because their own resources were
[1:42:14] their matching funds just
Because their own resources were
Shrinking.
[1:42:14] because their own resources were
Shrinking.
And the two different bank
[1:42:16] shrinking.
And the two different bank
Representatives spoke up.
[1:42:17] and the two different bank
Representatives spoke up.
When I asked this question and
[1:42:19] representatives spoke up.
When I asked this question and
Said, we do those kinds of
[1:42:21] when I asked this question and
Said, we do those kinds of
Matching funds and they can be
[1:42:23] said, we do those kinds of
Matching funds and they can be
Cumulative.
[1:42:24] matching funds and they can be
Cumulative.
It doesn‘t have to be, you know,
[1:42:26] cumulative.
It doesn‘t have to be, you know,
A one for one replacement.
[1:42:27] it doesn‘t have to be, you know,
A one for one replacement.
So it seemed to me there was and
[1:42:29] a one for one replacement.
So it seemed to me there was and
That foundation communities was
[1:42:30] so it seemed to me there was and
That foundation communities was
Very interested.
[1:42:31] that foundation communities was
Very interested.
Because it would enable them to
[1:42:32] very interested.
Because it would enable them to
Accumulate more matching funds
[1:42:34] because it would enable them to
Accumulate more matching funds
For the residents.
[1:42:35] accumulate more matching funds
For the residents.
>> no, that‘s that‘s.
[1:42:36] for the residents.
>> no, that‘s that‘s.
>> yeah.
[1:42:36] >> no, that‘s that‘s.
>> yeah.
>> excellent.
[1:42:37] >> yeah.
>> excellent.
We‘ll definitely continue to
[1:42:38] >> excellent.
We‘ll definitely continue to
Look into that.
[1:42:39] we‘ll definitely continue to
Look into that.
I mean, and thank you for that
[1:42:41] look into that.
I mean, and thank you for that
Insight.
[1:42:41] I mean, and thank you for that
Insight.
And so we‘ll make sure we follow
[1:42:43] insight.
And so we‘ll make sure we follow
Up.
[1:42:43] and so we‘ll make sure we follow
Up.
But we definitely are interested
[1:42:45] up.
But we definitely are interested
In homeownership.
[1:42:46] but we definitely are interested
In homeownership.
And that‘s kind of one of the
[1:42:48] in homeownership.
And that‘s kind of one of the
Main focuses of our fss program.
[1:42:52] and that‘s kind of one of the
Main focuses of our fss program.
And again, we‘re happy to be
[1:42:53] main focuses of our fss program.
And again, we‘re happy to be
Partners with travis county and,
[1:42:55] and again, we‘re happy to be
Partners with travis county and,
And their down payment
[1:42:56] partners with travis county and,
And their down payment
Assistance program as well.
[1:42:57] and their down payment
Assistance program as well.
So certainly, certainly part of
[1:43:00] assistance program as well.
So certainly, certainly part of
Part of the priority for us in
[1:43:02] so certainly, certainly part of
Part of the priority for us in
Terms of seeing empowering the
[1:43:04] part of the priority for us in
Terms of seeing empowering the
Residents.
[1:43:04] terms of seeing empowering the
Residents.
>> yes.
[1:43:05] residents.
>> yes.
Excellent.
[1:43:05] >> yes.
Excellent.
Thank you.
[1:43:05] excellent.
Thank you.
>> commissioners.
[1:43:07] thank you.
>> commissioners.
>> I just want to to thank the
[1:43:09] >> commissioners.
>> I just want to to thank the
Team for putting putting maps
[1:43:13] >> I just want to to thank the
Team for putting putting maps
Together that kind of tell us
[1:43:14] team for putting putting maps
Together that kind of tell us
Where everything is very
[1:43:17] together that kind of tell us
Where everything is very
Interested also in making sure
[1:43:20] where everything is very
Interested also in making sure
That we know how to tell the
[1:43:23] interested also in making sure
That we know how to tell the
Public to find us, how they can
[1:43:26] that we know how to tell the
Public to find us, how they can
Fill out applications, how they
[1:43:28] public to find us, how they can
Fill out applications, how they
Might look and see what‘s
[1:43:30] fill out applications, how they
Might look and see what‘s
Available, or understand by
[1:43:31] might look and see what‘s
Available, or understand by
Looking on a map, what‘s
[1:43:33] available, or understand by
Looking on a map, what‘s
Available in an area I, I like
[1:43:37] looking on a map, what‘s
Available in an area I, I like
The information that‘s been
[1:43:38] available in an area I, I like
The information that‘s been
Given.
[1:43:39] the information that‘s been
Given.
I always like to see the
[1:43:41] given.
I always like to see the
Inventory and, and what is
[1:43:44] I always like to see the
Inventory and, and what is
Compliant and what we have to
[1:43:45] inventory and, and what is
Compliant and what we have to
Work at.
[1:43:45] compliant and what we have to
Work at.
So I appreciate all the work
[1:43:47] work at.
So I appreciate all the work
That you all have done.
[1:43:48] so I appreciate all the work
That you all have done.
Very responsive.
[1:43:50] that you all have done.
Very responsive.
The relationship with the food
[1:43:52] very responsive.
The relationship with the food
Bank and whatnot.
[1:43:53] the relationship with the food
Bank and whatnot.
Those thing are critical.
[1:43:55] bank and whatnot.
Those thing are critical.
So just want to make sure that
[1:43:57] those thing are critical.
So just want to make sure that
We are listening and providing
[1:43:59] so just want to make sure that
We are listening and providing
The support that you need.
[1:44:00] we are listening and providing
The support that you need.
>> thank you.
[1:44:02] the support that you need.
>> thank you.
>> I wondered if any of the new
[1:44:04] >> thank you.
>> I wondered if any of the new
Board members wanted to comment.
[1:44:06] >> I wondered if any of the new
Board members wanted to comment.
>> yeah.
[1:44:07] board members wanted to comment.
>> yeah.
>> are you.
[1:44:08] >> yeah.
>> are you.
[laughter]
[1:44:08] >> are you.
[laughter]
Glad you signed.
[1:44:09] [laughter]
Glad you signed.
>> up?
[1:44:11] glad you signed.
>> up?
I am, I‘m looking forward to
[1:44:13] >> up?
I am, I‘m looking forward to
Working with patrick and the
[1:44:14] I am, I‘m looking forward to
Working with patrick and the
Team.
[1:44:14] working with patrick and the
Team.
>> looks like it‘s a great team
[1:44:17] team.
>> looks like it‘s a great team
And learning learning a lot.
[1:44:19] >> looks like it‘s a great team
And learning learning a lot.
>> great.
[1:44:20] and learning learning a lot.
>> great.
>> yes, absolutely.
[1:44:21] >> great.
>> yes, absolutely.
I will second that and also say
[1:44:24] >> yes, absolutely.
I will second that and also say
I have been just thoroughly
[1:44:26] I will second that and also say
I have been just thoroughly
Impressed in with the number of
[1:44:29] I have been just thoroughly
Impressed in with the number of
Programs and the amount of
[1:44:31] impressed in with the number of
Programs and the amount of
Success that hattie has had.
[1:44:33] programs and the amount of
Success that hattie has had.
And I‘m very proud to be on the
[1:44:36] success that hattie has had.
And I‘m very proud to be on the
Board.
[1:44:36] and I‘m very proud to be on the
Board.
Very proud.
[1:44:37] board.
Very proud.
>> great.
[1:44:37] very proud.
>> great.
>> we were hoping no one was.
[1:44:39] >> great.
>> we were hoping no one was.
[laughter]
[1:44:39] >> we were hoping no one was.
[laughter]
Going to say.
[1:44:39] [laughter]
Going to say.
>> they regretted it.
[1:44:41] going to say.
>> they regretted it.
>> also, one other thing you
[1:44:44] >> they regretted it.
>> also, one other thing you
Kind of made me think of is the
[1:44:47] >> also, one other thing you
Kind of made me think of is the
Things that we do for students.
[1:44:49] kind of made me think of is the
Things that we do for students.
The things after school type
[1:44:51] things that we do for students.
The things after school type
Programs.
[1:44:51] the things after school type
Programs.
Summer learning opportunities,
[1:44:55] programs.
Summer learning opportunities,
Want to make sure that you‘re
[1:44:56] summer learning opportunities,
Want to make sure that you‘re
Communicating with our health
[1:44:57] want to make sure that you‘re
Communicating with our health
And human services department,
[1:44:59] communicating with our health
And human services department,
Which is administering programs
[1:45:01] and human services department,
Which is administering programs
To make sure that we are
[1:45:04] which is administering programs
To make sure that we are
Crafting things that help our
[1:45:06] to make sure that we are
Crafting things that help our
Students and give them access to
[1:45:09] crafting things that help our
Students and give them access to
Resources as they grow, and
[1:45:10] students and give them access to
Resources as they grow, and
Hopefully more as, as, as they
[1:45:12] resources as they grow, and
Hopefully more as, as, as they
Move towards work or college.
[1:45:15] hopefully more as, as, as they
Move towards work or college.
>> absolutely.
[1:45:16] move towards work or college.
>> absolutely.
>> and.
[1:45:16] >> absolutely.
>> and.
>> and same with accessing the
[1:45:17] >> and.
>> and same with accessing the
Raising travis county program.
[1:45:19] >> and same with accessing the
Raising travis county program.
I‘m assuming you‘re connecting
[1:45:22] raising travis county program.
I‘m assuming you‘re connecting
Residents to that and making
[1:45:23] I‘m assuming you‘re connecting
Residents to that and making
That information available,
[1:45:24] residents to that and making
That information available,
Whether they have young
[1:45:25] that information available,
Whether they have young
Children.
[1:45:25] whether they have young
Children.
>> thank you.
[1:45:26] children.
>> thank you.
>> and I just want to say
[1:45:28] >> thank you.
>> and I just want to say
Congratulations on your 50 years
[1:45:30] >> and I just want to say
Congratulations on your 50 years
Of operation.
[1:45:31] congratulations on your 50 years
Of operation.
Thank you.
[1:45:31] of operation.
Thank you.
And and I think that the mission
[1:45:34] thank you.
And and I think that the mission
Of that agency has been met.
[1:45:36] and and I think that the mission
Of that agency has been met.
That was the original mission.
[1:45:38] of that agency has been met.
That was the original mission.
And, and I‘m so always so glad
[1:45:41] that was the original mission.
And, and I‘m so always so glad
To see people stick to the
[1:45:43] and, and I‘m so always so glad
To see people stick to the
Mission, you know, because that
[1:45:44] to see people stick to the
Mission, you know, because that
Just makes it so much easier to,
[1:45:46] mission, you know, because that
Just makes it so much easier to,
To, to work off of a base that
[1:45:49] just makes it so much easier to,
To, to work off of a base that
You have.
[1:45:49] to, to work off of a base that
You have.
And, and obviously this is
[1:45:52] you have.
And, and obviously this is
Working for the families who
[1:45:54] and, and obviously this is
Working for the families who
Really needed this, this, this
[1:45:56] working for the families who
Really needed this, this, this
Service starting 50 years ago.
[1:45:59] really needed this, this, this
Service starting 50 years ago.
And thank you for the, the, the
[1:46:03] service starting 50 years ago.
And thank you for the, the, the
Coin for it as a remembrance.
[1:46:06] and thank you for the, the, the
Coin for it as a remembrance.
Thanks so much for all that
[1:46:08] coin for it as a remembrance.
Thanks so much for all that
You‘re doing.
[1:46:08] thanks so much for all that
You‘re doing.
You‘re welcome for these
[1:46:10] you‘re doing.
You‘re welcome for these
Families.
[1:46:10] you‘re welcome for these
Families.
Thank you, thank you.
[1:46:11] families.
Thank you, thank you.
>> congrats.
[1:46:12] thank you, thank you.
>> congrats.
>> commissioner travillion.
[1:46:14] >> congrats.
>> commissioner travillion.
We are also.
[1:46:15] >> commissioner travillion.
We are also.
>> has a scholarship and we‘ve
[1:46:18] we are also.
>> has a scholarship and we‘ve
The foundation and community
[1:46:20] >> has a scholarship and we‘ve
The foundation and community
Outreach person is looking out
[1:46:22] the foundation and community
Outreach person is looking out
Throughout the community to see
[1:46:24] outreach person is looking out
Throughout the community to see
If we can identify.
[1:46:26] throughout the community to see
If we can identify.
Students to get that scholarship
[1:46:30] if we can identify.
Students to get that scholarship
With them.
[1:46:30] students to get that scholarship
With them.
We‘re working towards hopefully
[1:46:33] with them.
We‘re working towards hopefully
Having a representative from the
[1:46:35] we‘re working towards hopefully
Having a representative from the
Travis county and from this
[1:46:36] having a representative from the
Travis county and from this
Area.
[1:46:37] travis county and from this
Area.
>> thanks so much.
[1:46:38] area.
>> thanks so much.
>> it‘s important, I think, that
[1:46:40] >> thanks so much.
>> it‘s important, I think, that
We work over time, and we‘ve
[1:46:41] >> it‘s important, I think, that
We work over time, and we‘ve
Been looking at groups like
[1:46:43] we work over time, and we‘ve
Been looking at groups like
Communities and schools that
[1:46:45] been looking at groups like
Communities and schools that
When they work on a campus, they
[1:46:48] communities and schools that
When they work on a campus, they
Identify the resources and and
[1:46:50] when they work on a campus, they
Identify the resources and and
Kind of act as a family resource
[1:46:53] identify the resources and and
Kind of act as a family resource
Center.
[1:46:53] kind of act as a family resource
Center.
So to make sure that we know the
[1:46:56] center.
So to make sure that we know the
Resources that are on the
[1:46:57] so to make sure that we know the
Resources that are on the
Ground, how close they are to
[1:46:59] resources that are on the
Ground, how close they are to
The facilities that you have in
[1:47:01] ground, how close they are to
The facilities that you have in
Place, how we develop systems
[1:47:05] the facilities that you have in
Place, how we develop systems
Rather than transactions, how do
[1:47:06] place, how we develop systems
Rather than transactions, how do
We make sure that we know that
[1:47:09] rather than transactions, how do
We make sure that we know that
That each and every family
[1:47:11] we make sure that we know that
That each and every family
Understands what‘s in every
[1:47:12] that each and every family
Understands what‘s in every
Campus and can take advantage of
[1:47:14] understands what‘s in every
Campus and can take advantage of
Those?
[1:47:14] campus and can take advantage of
Those?
>> we go to the conferences all
[1:47:17] those?
>> we go to the conferences all
Over and they you see people
[1:47:19] >> we go to the conferences all
Over and they you see people
From other cities and states
[1:47:20] over and they you see people
From other cities and states
Getting these scholarships and
[1:47:23] from other cities and states
Getting these scholarships and
Awards and said, we got to do
[1:47:25] getting these scholarships and
Awards and said, we got to do
Something here in travis county.
[1:47:26] awards and said, we got to do
Something here in travis county.
So that‘s what that‘s what we‘re
[1:47:29] something here in travis county.
So that‘s what that‘s what we‘re
Looking forward to.
[1:47:29] so that‘s what that‘s what we‘re
Looking forward to.
>> so we‘re putting together
[1:47:31] looking forward to.
>> so we‘re putting together
Apparatus in the office.
[1:47:32] >> so we‘re putting together
Apparatus in the office.
So we work directly with you.
[1:47:34] apparatus in the office.
So we work directly with you.
>> great.
[1:47:34] so we work directly with you.
>> great.
Thank you.
[1:47:35] >> great.
Thank you.
>> thank you so much.
[1:47:36] thank you.
>> thank you so much.
>> thank you.
[1:47:37] >> thank you so much.
>> thank you.
And congrats on.
[1:47:38] >> thank you.
And congrats on.
50 years.
[1:47:39] and congrats on.
50 years.
>> thank you.
[1:47:41] 50 years.
>> thank you.
>> the next item is the
[1:47:45] >> thank you.
>> the next item is the
Strategic housing finance
[1:47:47] >> the next item is the
Strategic housing finance
Corporation.
[1:47:48] strategic housing finance
Corporation.
Receive the spring 2026 update
[1:47:57] corporation.
Receive the spring 2026 update
From the strategic housing
[1:47:59] receive the spring 2026 update
From the strategic housing
Finance corporation of travis
[1:48:01] from the strategic housing
Finance corporation of travis
County.
[1:48:03] finance corporation of travis
County.
Oh, thank you.
[1:48:12] county.
Oh, thank you.
>> thank you.
[1:48:15] oh, thank you.
>> thank you.
>> thank you.
[1:48:17] >> thank you.
>> thank you.
>> thank you very much.
[1:48:22] >> thank you.
>> thank you very much.
>> go ahead.
[1:48:39] >> thank you very much.
>> go ahead.
Whenever you‘re ready.
[1:48:42] >> go ahead.
Whenever you‘re ready.
>> thank you.
[1:48:43] whenever you‘re ready.
>> thank you.
Judge brown and commissioners
[1:48:45] >> thank you.
Judge brown and commissioners
For the opportunity to be here
[1:48:47] judge brown and commissioners
For the opportunity to be here
With you today.
[1:48:47] for the opportunity to be here
With you today.
We‘re glad to be back before the
[1:48:50] with you today.
We‘re glad to be back before the
Court.
[1:48:50] we‘re glad to be back before the
Court.
Since our last update, strategic
[1:48:54] court.
Since our last update, strategic
Hfc has continued to learn to
[1:48:57] since our last update, strategic
Hfc has continued to learn to
Grow, and our hope is to really
[1:48:58] hfc has continued to learn to
Grow, and our hope is to really
Raise the bar for what a public
[1:49:01] grow, and our hope is to really
Raise the bar for what a public
Housing finance entity can do
[1:49:03] raise the bar for what a public
Housing finance entity can do
For travis county.
[1:49:04] housing finance entity can do
For travis county.
We are in the midst of
[1:49:06] for travis county.
We are in the midst of
Challenging market conditions,
[1:49:07] we are in the midst of
Challenging market conditions,
As you know, but we are
[1:49:09] challenging market conditions,
As you know, but we are
Protecting the quality of our
[1:49:10] as you know, but we are
Protecting the quality of our
Existing portfolio.
[1:49:12] protecting the quality of our
Existing portfolio.
We‘re improving tenant
[1:49:14] existing portfolio.
We‘re improving tenant
Protections, and we‘re laying
[1:49:15] we‘re improving tenant
Protections, and we‘re laying
The groundwork for responsible
[1:49:17] protections, and we‘re laying
The groundwork for responsible
Growth going forward.
[1:49:18] the groundwork for responsible
Growth going forward.
With that, I will pass it to our
[1:49:20] growth going forward.
With that, I will pass it to our
President, ashley huddleston.
[1:49:21] with that, I will pass it to our
President, ashley huddleston.
>> thank you, diana, and thank
[1:49:23] president, ashley huddleston.
>> thank you, diana, and thank
You, commissioners, for having
[1:49:24] >> thank you, diana, and thank
You, commissioners, for having
Us back at the court.
[1:49:25] you, commissioners, for having
Us back at the court.
Since our last briefing, this
[1:49:26] us back at the court.
Since our last briefing, this
Court has appointed the
[1:49:28] since our last briefing, this
Court has appointed the
Brilliant director, catherine.
[1:49:29] court has appointed the
Brilliant director, catherine.
[laughter]
[1:49:29] brilliant director, catherine.
[laughter]
Gross, to the board.
[1:49:32] [laughter]
Gross, to the board.
[laughter]
[1:49:32] gross, to the board.
[laughter]
Catherine lee, catherine leads
[1:49:35] [laughter]
Catherine lee, catherine leads
Affordable housing work at pnc
[1:49:37] catherine lee, catherine leads
Affordable housing work at pnc
Bank, and she has been a
[1:49:38] affordable housing work at pnc
Bank, and she has been a
Phenomenal addition.
[1:49:39] bank, and she has been a
Phenomenal addition.
Her institutional lending
[1:49:40] phenomenal addition.
Her institutional lending
Experience has already
[1:49:41] her institutional lending
Experience has already
Strengthened how we evaluate and
[1:49:43] experience has already
Strengthened how we evaluate and
Structure our deals.
[1:49:43] strengthened how we evaluate and
Structure our deals.
We‘re also grateful for the
[1:49:46] structure our deals.
We‘re also grateful for the
Steady leadership of our veteran
[1:49:48] we‘re also grateful for the
Steady leadership of our veteran
Directors keisha prince, julio
[1:49:50] steady leadership of our veteran
Directors keisha prince, julio
Gonzalez and jan weinig, who
[1:49:51] directors keisha prince, julio
Gonzalez and jan weinig, who
Continue to ground this board
[1:49:52] gonzalez and jan weinig, who
Continue to ground this board
With institutional knowledge.
[1:49:54] continue to ground this board
With institutional knowledge.
That depth of experience shows
[1:49:57] with institutional knowledge.
That depth of experience shows
In the work our committees carry
[1:49:58] that depth of experience shows
In the work our committees carry
Out between briefings and board
[1:50:00] in the work our committees carry
Out between briefings and board
Meetings.
[1:50:00] out between briefings and board
Meetings.
Every director on the board
[1:50:02] meetings.
Every director on the board
Serves on at least one
[1:50:03] every director on the board
Serves on at least one
Committee.
[1:50:03] serves on at least one
Committee.
The executive committee steers
[1:50:05] committee.
The executive committee steers
The ship real estate committee,
[1:50:07] the executive committee steers
The ship real estate committee,
Which I chair guides development
[1:50:09] the ship real estate committee,
Which I chair guides development
And deal terms.
[1:50:10] which I chair guides development
And deal terms.
Finance and administration,
[1:50:12] and deal terms.
Finance and administration,
Chaired by past president jan
[1:50:14] finance and administration,
Chaired by past president jan
Weinig, handles the budgeting
[1:50:15] chaired by past president jan
Weinig, handles the budgeting
And audit process and our newest
[1:50:17] weinig, handles the budgeting
And audit process and our newest
Committee, tenant affairs,
[1:50:18] and audit process and our newest
Committee, tenant affairs,
Chaired by director bea arce,
[1:50:20] committee, tenant affairs,
Chaired by director bea arce,
Ensures that the tenant voice is
[1:50:21] chaired by director bea arce,
Ensures that the tenant voice is
A part of every conversation.
[1:50:23] ensures that the tenant voice is
A part of every conversation.
This is a board that is engaged
[1:50:25] a part of every conversation.
This is a board that is engaged
And informed and eager to build
[1:50:27] this is a board that is engaged
And informed and eager to build
Something that will last.
[1:50:30] and informed and eager to build
Something that will last.
I want to spend a moment on the
[1:50:33] something that will last.
I want to spend a moment on the
New tenant affairs committee,
[1:50:35] I want to spend a moment on the
New tenant affairs committee,
Because it reflects how we‘re
[1:50:36] new tenant affairs committee,
Because it reflects how we‘re
Thinking about governance going
[1:50:38] because it reflects how we‘re
Thinking about governance going
Forward.
[1:50:38] thinking about governance going
Forward.
We formed this committee in
[1:50:41] forward.
We formed this committee in
December of 2025 with a clear
[1:50:44] we formed this committee in
December of 2025 with a clear
Purpose to ensure that the
[1:50:45] december of 2025 with a clear
Purpose to ensure that the
Resident experience is
[1:50:47] purpose to ensure that the
Resident experience is
Considered in every level of our
[1:50:48] resident experience is
Considered in every level of our
Decision making, from the
[1:50:50] considered in every level of our
Decision making, from the
Policies we set, to the deals we
[1:50:52] decision making, from the
Policies we set, to the deals we
Structure, to the way that we
[1:50:53] policies we set, to the deals we
Structure, to the way that we
Measure ourselves, the committee
[1:50:55] structure, to the way that we
Measure ourselves, the committee
Draws on expertise we already
[1:50:57] measure ourselves, the committee
Draws on expertise we already
Have at the table, including our
[1:50:59] draws on expertise we already
Have at the table, including our
Tenant represeative directors.
[1:51:01] have at the table, including our
Tenant represeative directors.
While tenant voices have been a
[1:51:02] tenant represeative directors.
While tenant voices have been a
Part of this board for years,
[1:51:05] while tenant voices have been a
Part of this board for years,
Formalizing the committee makes
[1:51:06] part of this board for years,
Formalizing the committee makes
That input continuous and
[1:51:08] formalizing the committee makes
That input continuous and
Structural.
[1:51:08] that input continuous and
Structural.
It is a meaningful step forward,
[1:51:11] structural.
It is a meaningful step forward,
And it sets the tone for the
[1:51:12] it is a meaningful step forward,
And it sets the tone for the
Rest of the work that we will
[1:51:14] and it sets the tone for the
Rest of the work that we will
Share with you today.
[1:51:14] rest of the work that we will
Share with you today.
And with that foundational
[1:51:16] share with you today.
And with that foundational
Understanding in place, I‘ll
[1:51:17] and with that foundational
Understanding in place, I‘ll
Turn it back to diana.
[1:51:18] understanding in place, I‘ll
Turn it back to diana.
>> thank you.
[1:51:19] turn it back to diana.
>> thank you.
So I‘d like to share a couple of
[1:51:22] >> thank you.
So I‘d like to share a couple of
Examples of how our commitment
[1:51:23] so I‘d like to share a couple of
Examples of how our commitment
To the tenant experience shows
[1:51:25] examples of how our commitment
To the tenant experience shows
Up in our work.
[1:51:26] to the tenant experience shows
Up in our work.
And so, you know, I think we
[1:51:29] up in our work.
And so, you know, I think we
Would say that we advance our
[1:51:30] and so, you know, I think we
Would say that we advance our
Mission not only by increasing
[1:51:32] would say that we advance our
Mission not only by increasing
The supply and access of
[1:51:35] mission not only by increasing
The supply and access of
Affordable housing, but also
[1:51:36] the supply and access of
Affordable housing, but also
Really paying attention to
[1:51:39] affordable housing, but also
Really paying attention to
Ensuring that the tenants in the
[1:51:40] really paying attention to
Ensuring that the tenants in the
Housing we create benefit from
[1:51:43] ensuring that the tenants in the
Housing we create benefit from
Robust tenant protections.
[1:51:44] housing we create benefit from
Robust tenant protections.
You may be aware that last year,
[1:51:47] robust tenant protections.
You may be aware that last year,
The ut law housing policy
[1:51:51] you may be aware that last year,
The ut law housing policy
Clinic, engaged by basta,
[1:51:52] the ut law housing policy
Clinic, engaged by basta,
Published a report on affordable
[1:51:55] clinic, engaged by basta,
Published a report on affordable
Housing that‘s created through
[1:51:57] published a report on affordable
Housing that‘s created through
Partnerships with organizations
[1:51:59] housing that‘s created through
Partnerships with organizations
Like ourselves, our other local
[1:52:01] partnerships with organizations
Like ourselves, our other local
Housing finance corporations,
[1:52:03] like ourselves, our other local
Housing finance corporations,
And our housing authorities.
[1:52:04] housing finance corporations,
And our housing authorities.
And a part of that report made
[1:52:07] and our housing authorities.
And a part of that report made
Some recommendations around
[1:52:09] and a part of that report made
Some recommendations around
Tenant protections and also laid
[1:52:11] some recommendations around
Tenant protections and also laid
Out sort of a comparative
[1:52:13] tenant protections and also laid
Out sort of a comparative
Analysis of where we were at
[1:52:15] out sort of a comparative
Analysis of where we were at
That time.
[1:52:17] analysis of where we were at
That time.
Using those recommendations, we
[1:52:19] that time.
Using those recommendations, we
Were able to bring
[1:52:21] using those recommendations, we
Were able to bring
Recommendations to our board in
[1:52:23] were able to bring
Recommendations to our board in
November of last year, and at
[1:52:24] recommendations to our board in
November of last year, and at
That time, we approved a new
[1:52:26] november of last year, and at
That time, we approved a new
Term sheet for our mixed income
[1:52:29] that time, we approved a new
Term sheet for our mixed income
Projects that added several new
[1:52:31] term sheet for our mixed income
Projects that added several new
Tenant protections to our
[1:52:33] projects that added several new
Tenant protections to our
Existing policies.
[1:52:34] tenant protections to our
Existing policies.
And so among the policies that
[1:52:37] existing policies.
And so among the policies that
We added were capping
[1:52:39] and so among the policies that
We added were capping
Application fees at no more than
[1:52:41] we added were capping
Application fees at no more than
$100 per household.
[1:52:42] application fees at no more than
$100 per household.
We now mandate that any, any
[1:52:46] $100 per household.
We now mandate that any, any
Optional or mandatory,
[1:52:48] we now mandate that any, any
Optional or mandatory,
Especially mandatory fees, have
[1:52:50] optional or mandatory,
Especially mandatory fees, have
To be disclosed to tenants
[1:52:52] especially mandatory fees, have
To be disclosed to tenants
Before they apply for housing,
[1:52:54] to be disclosed to tenants
Before they apply for housing,
So there are no surprises at the
[1:52:57] before they apply for housing,
So there are no surprises at the
Time of signing the lease, and
[1:52:59] so there are no surprises at the
Time of signing the lease, and
Monthly late fees are capped at
[1:53:01] time of signing the lease, and
Monthly late fees are capped at
5% of rent.
[1:53:02] monthly late fees are capped at
5% of rent.
So we know that several of our
[1:53:05] 5% of rent.
So we know that several of our
Peer agencies are also in the
[1:53:08] so we know that several of our
Peer agencies are also in the
Process of reviewing their own
[1:53:09] peer agencies are also in the
Process of reviewing their own
Tenant protection policies, and
[1:53:11] process of reviewing their own
Tenant protection policies, and
We‘re really hopeful that
[1:53:13] tenant protection policies, and
We‘re really hopeful that
Together we can achieve a shared
[1:53:15] we‘re really hopeful that
Together we can achieve a shared
Set of baseline tenant
[1:53:17] together we can achieve a shared
Set of baseline tenant
Protections.
[1:53:17] set of baseline tenant
Protections.
This is one of the conversations
[1:53:20] protections.
This is one of the conversations
That we‘re having through the
[1:53:22] this is one of the conversations
That we‘re having through the
Monthly roundtable of hfc
[1:53:25] that we‘re having through the
Monthly roundtable of hfc
Housing authorities and fcs,
[1:53:27] monthly roundtable of hfc
Housing authorities and fcs,
That we are coordinating.
[1:53:29] housing authorities and fcs,
That we are coordinating.
>> diana, are you requiring this
[1:53:32] that we are coordinating.
>> diana, are you requiring this
Of in just the properties y‘all
[1:53:35] >> diana, are you requiring this
Of in just the properties y‘all
Own, if you will, or in the ones
[1:53:37] of in just the properties y‘all
Own, if you will, or in the ones
That you would be developing or,
[1:53:39] own, if you will, or in the ones
That you would be developing or,
You know, helping finance with a
[1:53:42] that you would be developing or,
You know, helping finance with a
Developer?
[1:53:42] you know, helping finance with a
Developer?
>> so I will say that the vast
[1:53:45] developer?
>> so I will say that the vast
Majority of transactions we see
[1:53:48] >> so I will say that the vast
Majority of transactions we see
Are looking to us as a partner
[1:53:51] majority of transactions we see
Are looking to us as a partner
In the development to extend a
[1:53:53] are looking to us as a partner
In the development to extend a
Property tax exemption, because
[1:53:55] in the development to extend a
Property tax exemption, because
It‘s very difficult to make
[1:53:56] property tax exemption, because
It‘s very difficult to make
Deals pencil today without it.
[1:53:58] it‘s very difficult to make
Deals pencil today without it.
So we haven‘t seen a bond only
[1:54:01] deals pencil today without it.
So we haven‘t seen a bond only
Deal in my tenure.
[1:54:02] so we haven‘t seen a bond only
Deal in my tenure.
So for that reason, it really is
[1:54:05] deal in my tenure.
So for that reason, it really is
All new deals.
[1:54:06] so for that reason, it really is
All new deals.
I will say that it applies
[1:54:08] all new deals.
I will say that it applies
Specifically to the mixed income
[1:54:10] I will say that it applies
Specifically to the mixed income
Or workforce deals, because the
[1:54:12] specifically to the mixed income
Or workforce deals, because the
Tax credit program already has
[1:54:15] or workforce deals, because the
Tax credit program already has
Many of these protections baked
[1:54:17] tax credit program already has
Many of these protections baked
In to the program.
[1:54:18] many of these protections baked
In to the program.
Thank you for the question.
[1:54:22] in to the program.
Thank you for the question.
So another area that we are
[1:54:24] thank you for the question.
So another area that we are
Really proud of in terms of our
[1:54:28] so another area that we are
Really proud of in terms of our
Work.
[1:54:28] really proud of in terms of our
Work.
That that acknowledges that the
[1:54:32] work.
That that acknowledges that the
Tenant experiences is some
[1:54:34] that that acknowledges that the
Tenant experiences is some
Curative work we‘ve done based
[1:54:36] tenant experiences is some
Curative work we‘ve done based
On our history.
[1:54:38] curative work we‘ve done based
On our history.
So we‘ve updated the court
[1:54:40] on our history.
So we‘ve updated the court
Previously on our rosemont
[1:54:41] so we‘ve updated the court
Previously on our rosemont
Tenant investment program.
[1:54:42] previously on our rosemont
Tenant investment program.
And today we‘re really happy to
[1:54:45] tenant investment program.
And today we‘re really happy to
Share the highlights of the
[1:54:46] and today we‘re really happy to
Share the highlights of the
Completed initiative.
[1:54:47] share the highlights of the
Completed initiative.
So this effort, as you know, was
[1:54:50] completed initiative.
So this effort, as you know, was
Born, born of your appointees.
[1:54:52] so this effort, as you know, was
Born, born of your appointees.
Acknowledgment of the hardships
[1:54:54] born, born of your appointees.
Acknowledgment of the hardships
That were endured by tenants
[1:54:56] acknowledgment of the hardships
That were endured by tenants
After winter storm uri, once
[1:54:59] that were endured by tenants
After winter storm uri, once
Strategic, established
[1:55:00] after winter storm uri, once
Strategic, established
Independent operations in 2024,
[1:55:03] strategic, established
Independent operations in 2024,
We worked with basta and with
[1:55:05] independent operations in 2024,
We worked with basta and with
Tenants to design a program that
[1:55:08] we worked with basta and with
Tenants to design a program that
Would provide one time financial
[1:55:10] tenants to design a program that
Would provide one time financial
Assistance to households that
[1:55:12] would provide one time financial
Assistance to households that
Were affected at rosemont after
[1:55:14] assistance to households that
Were affected at rosemont after
The storm.
[1:55:14] were affected at rosemont after
The storm.
So while the program design was
[1:55:17] the storm.
So while the program design was
Relatively straightforward,
[1:55:20] so while the program design was
Relatively straightforward,
Execution was not.
[1:55:21] relatively straightforward,
Execution was not.
You can imagine that property
[1:55:24] execution was not.
You can imagine that property
Management records from the time
[1:55:26] you can imagine that property
Management records from the time
Of the storm were a bit
[1:55:29] management records from the time
Of the storm were a bit
Inconsistent.
[1:55:29] of the storm were a bit
Inconsistent.
People moved quite a bit in
[1:55:30] inconsistent.
People moved quite a bit in
Between units and many were
[1:55:33] people moved quite a bit in
Between units and many were
Relocated.
[1:55:33] between units and many were
Relocated.
We, of course, no longer own the
[1:55:35] relocated.
We, of course, no longer own the
Property at this time, and we
[1:55:37] we, of course, no longer own the
Property at this time, and we
Also understandably saw many
[1:55:40] property at this time, and we
Also understandably saw many
Households move away from
[1:55:42] also understandably saw many
Households move away from
Rosemont in the aftermath of the
[1:55:44] households move away from
Rosemont in the aftermath of the
Storm and in during the
[1:55:45] rosemont in the aftermath of the
Storm and in during the
Prolonged repair and renovation
[1:55:49] storm and in during the
Prolonged repair and renovation
Period.
[1:55:49] prolonged repair and renovation
Period.
So to meet the challenge of
[1:55:53] period.
So to meet the challenge of
Locating former tenants and
[1:55:54] so to meet the challenge of
Locating former tenants and
Engaging them and distributing
[1:55:56] locating former tenants and
Engaging them and distributing
The assistance, we really knew
[1:55:57] engaging them and distributing
The assistance, we really knew
That we would need help.
[1:55:59] the assistance, we really knew
That we would need help.
We were very lucky to find
[1:56:02] that we would need help.
We were very lucky to find
Partners in el samaritano and
[1:56:04] we were very lucky to find
Partners in el samaritano and
Cvs associates who had carried
[1:56:06] partners in el samaritano and
Cvs associates who had carried
Out relocation on site.
[1:56:08] cvs associates who had carried
Out relocation on site.
We were able to lean on their
[1:56:12] out relocation on site.
We were able to lean on their
Trusted relationships at
[1:56:14] we were able to lean on their
Trusted relationships at
Rosemont and in the community at
[1:56:16] trusted relationships at
Rosemont and in the community at
Large.
[1:56:17] rosemont and in the community at
Large.
This was important in part
[1:56:20] large.
This was important in part
Because you can imagine that
[1:56:21] this was important in part
Because you can imagine that
Being contacted out of the blue
[1:56:23] because you can imagine that
Being contacted out of the blue
And told that we had some very
[1:56:26] being contacted out of the blue
And told that we had some very
Flexible financial assistance
[1:56:28] and told that we had some very
Flexible financial assistance
Available to you.
[1:56:29] flexible financial assistance
Available to you.
Sounds a lot like a scam.
[1:56:31] available to you.
Sounds a lot like a scam.
So we actually needed often to
[1:56:34] sounds a lot like a scam.
So we actually needed often to
Be quite persistent and make
[1:56:35] so we actually needed often to
Be quite persistent and make
Sure that people understood what
[1:56:37] be quite persistent and make
Sure that people understood what
This was, what it was related
[1:56:39] sure that people understood what
This was, what it was related
To, and the trust that they had
[1:56:41] this was, what it was related
To, and the trust that they had
With, with cvr and, and el buen
[1:56:43] to, and the trust that they had
With, with cvr and, and el buen
Was really important there.
[1:56:44] with, with cvr and, and el buen
Was really important there.
So we‘ll say that about 65% of
[1:56:48] was really important there.
So we‘ll say that about 65% of
Households were served in the
[1:56:50] so we‘ll say that about 65% of
Households were served in the
First four months of the
[1:56:52] households were served in the
First four months of the
Program.
[1:56:52] first four months of the
Program.
For those folks that we did have
[1:56:53] program.
For those folks that we did have
Good contact information for,
[1:56:57] for those folks that we did have
Good contact information for,
But locating and engaging the
[1:56:59] good contact information for,
But locating and engaging the
Rest of the former tenants was a
[1:57:01] but locating and engaging the
Rest of the former tenants was a
Painstaking process.
[1:57:02] rest of the former tenants was a
Painstaking process.
We eventually extended the
[1:57:05] painstaking process.
We eventually extended the
Program through march of this
[1:57:06] we eventually extended the
Program through march of this
Year, and with again the help of
[1:57:09] program through march of this
Year, and with again the help of
Our partners, we were able to
[1:57:12] year, and with again the help of
Our partners, we were able to
Locate those families who had
[1:57:13] our partners, we were able to
Locate those families who had
Moved across town, who had moved
[1:57:15] locate those families who had
Moved across town, who had moved
Across the region, and in some
[1:57:17] moved across town, who had moved
Across the region, and in some
Cases, even out of the united
[1:57:19] across the region, and in some
Cases, even out of the united
States.
[1:57:19] cases, even out of the united
States.
We simply would not have been
[1:57:22] states.
We simply would not have been
Successful without their help.
[1:57:23] we simply would not have been
Successful without their help.
And we want to recognize them
[1:57:25] successful without their help.
And we want to recognize them
Today.
[1:57:25] and we want to recognize them
Today.
We‘ve got some of those folks in
[1:57:27] today.
We‘ve got some of those folks in
The audience.
[1:57:27] we‘ve got some of those folks in
The audience.
I think if you‘ll raise your
[1:57:29] the audience.
I think if you‘ll raise your
Hands.
[1:57:29] I think if you‘ll raise your
Hands.
Thank you.
[1:57:30] hands.
Thank you.
>> that is great.
[1:57:33] thank you.
>> that is great.
>> so with the help of our
[1:57:36] >> that is great.
>> so with the help of our
Partners, our program identified
[1:57:37] >> so with the help of our
Partners, our program identified
A total of 226 eligible
[1:57:40] partners, our program identified
A total of 226 eligible
Households.
[1:57:41] a total of 226 eligible
Households.
That‘s anyone that lived at
[1:57:43] households.
That‘s anyone that lived at
Rosemont from the time of the
[1:57:44] that‘s anyone that lived at
Rosemont from the time of the
Storm until we sold the property
[1:57:47] rosemont from the time of the
Storm until we sold the property
Through a great deal of
[1:57:49] storm until we sold the property
Through a great deal of
Creativity and persistence, the
[1:57:51] through a great deal of
Creativity and persistence, the
Program was eventually able to
[1:57:53] creativity and persistence, the
Program was eventually able to
Serve 215 or 95% of those
[1:57:56] program was eventually able to
Serve 215 or 95% of those
Households.
[1:57:59] serve 215 or 95% of those
Households.
We distributed $7,200 to each
[1:58:02] households.
We distributed $7,200 to each
Household, and that totaled just
[1:58:04] we distributed $7,200 to each
Household, and that totaled just
Over $1.5 million in direct
[1:58:06] household, and that totaled just
Over $1.5 million in direct
Financial support.
[1:58:07] over $1.5 million in direct
Financial support.
During the planning phase, we
[1:58:10] financial support.
During the planning phase, we
Heard from tenants that they
[1:58:12] during the planning phase, we
Heard from tenants that they
Felt very strongly that the
[1:58:14] heard from tenants that they
Felt very strongly that the
Assistance should be flexible,
[1:58:16] felt very strongly that the
Assistance should be flexible,
Given the experience that they
[1:58:18] assistance should be flexible,
Given the experience that they
Had lived through.
[1:58:19] given the experience that they
Had lived through.
And so it was what we heard from
[1:58:23] had lived through.
And so it was what we heard from
Tenants post program was that
[1:58:26] and so it was what we heard from
Tenants post program was that
They still used the most common
[1:58:28] tenants post program was that
They still used the most common
Uses for assistance were rent,
[1:58:30] they still used the most common
Uses for assistance were rent,
Utilities and transportation.
[1:58:31] uses for assistance were rent,
Utilities and transportation.
This was followed by other basic
[1:58:34] utilities and transportation.
This was followed by other basic
Living expenses like child care,
[1:58:37] this was followed by other basic
Living expenses like child care,
Food or medical expense.
[1:58:38] living expenses like child care,
Food or medical expense.
And you do.
[1:58:39] food or medical expense.
And you do.
I think maybe it‘s on the
[1:58:40] and you do.
I think maybe it‘s on the
Previous slide, have a quote
[1:58:43] I think maybe it‘s on the
Previous slide, have a quote
From one of our tenants.
[1:58:44] previous slide, have a quote
From one of our tenants.
Thank you.
[1:58:46] from one of our tenants.
Thank you.
Other recipients let us know
[1:58:51] thank you.
Other recipients let us know
That they use the funds to save
[1:58:53] other recipients let us know
That they use the funds to save
Toward a down payment for their
[1:58:55] that they use the funds to save
Toward a down payment for their
First home, that they were able
[1:58:57] toward a down payment for their
First home, that they were able
To reduce their debt burden or
[1:59:00] first home, that they were able
To reduce their debt burden or
Invest in small business.
[1:59:02] to reduce their debt burden or
Invest in small business.
And I‘d love to give you an
[1:59:03] invest in small business.
And I‘d love to give you an
Example of one of the stories
[1:59:04] and I‘d love to give you an
Example of one of the stories
That was shared with us.
[1:59:05] example of one of the stories
That was shared with us.
One gentleman told us that he
[1:59:08] that was shared with us.
One gentleman told us that he
Was able to use the assistance
[1:59:11] one gentleman told us that he
Was able to use the assistance
To pay down the loan on the
[1:59:14] was able to use the assistance
To pay down the loan on the
Truck that he uses for his
[1:59:16] to pay down the loan on the
Truck that he uses for his
Handyman business, and in turn,
[1:59:19] truck that he uses for his
Handyman business, and in turn,
That enabled him to begin to
[1:59:21] handyman business, and in turn,
That enabled him to begin to
Invest in further equipment and
[1:59:23] that enabled him to begin to
Invest in further equipment and
Tools to support that business.
[1:59:28] invest in further equipment and
Tools to support that business.
We‘ve completed this program,
[1:59:30] tools to support that business.
We‘ve completed this program,
But the impact of rosemont will
[1:59:32] we‘ve completed this program,
But the impact of rosemont will
Continue to influence how we
[1:59:34] but the impact of rosemont will
Continue to influence how we
Approach our developments and
[1:59:36] continue to influence how we
Approach our developments and
Care for our portfolio long into
[1:59:39] approach our developments and
Care for our portfolio long into
The future.
[1:59:41] care for our portfolio long into
The future.
>> can I just ask?
[1:59:43] the future.
>> can I just ask?
I had understood that the the
[1:59:45] >> can I just ask?
I had understood that the the
Sale of rosemont didn‘t produce
[1:59:48] I had understood that the the
Sale of rosemont didn‘t produce
Quite as much revenue as was
[1:59:50] sale of rosemont didn‘t produce
Quite as much revenue as was
Initially intended, so I‘m
[1:59:52] quite as much revenue as was
Initially intended, so I‘m
Interested to know how you were
[1:59:53] initially intended, so I‘m
Interested to know how you were
Able to set aside.
[1:59:54] interested to know how you were
Able to set aside.
>> yes.
[1:59:54] able to set aside.
>> yes.
>> $2 million.
[1:59:55] >> yes.
>> $2 million.
Congratulations on this.
[1:59:57] >> $2 million.
Congratulations on this.
It sounds like you really worked
[1:59:58] congratulations on this.
It sounds like you really worked
Hard to take care of the
[1:59:59] it sounds like you really worked
Hard to take care of the
Residents who were put in a
[2:00:00] hard to take care of the
Residents who were put in a
Horrible situation, but I‘m just
[2:00:03] residents who were put in a
Horrible situation, but I‘m just
Interested to know how you‘re
[2:00:04] horrible situation, but I‘m just
Interested to know how you‘re
Able to do it.
[2:00:05] interested to know how you‘re
Able to do it.
>> yes.
[2:00:05] able to do it.
>> yes.
And I‘m glad you pointed this
[2:00:07] >> yes.
And I‘m glad you pointed this
Out.
[2:00:07] and I‘m glad you pointed this
Out.
So, rosemont, the sale rosemont
[2:00:09] out.
So, rosemont, the sale rosemont
Was a net loss to the
[2:00:11] so, rosemont, the sale rosemont
Was a net loss to the
Organization.
[2:00:11] was a net loss to the
Organization.
And so in the face of that net
[2:00:14] organization.
And so in the face of that net
Loss, the board still elected to
[2:00:17] and so in the face of that net
Loss, the board still elected to
Set aside additional funds from
[2:00:19] loss, the board still elected to
Set aside additional funds from
Our balance sheet to do this.
[2:00:21] set aside additional funds from
Our balance sheet to do this.
I‘m happy to have we have at
[2:00:23] our balance sheet to do this.
I‘m happy to have we have at
Least one director who was here
[2:00:24] I‘m happy to have we have at
Least one director who was here
During that time to make a
[2:00:27] least one director who was here
During that time to make a
Comment.
[2:00:27] during that time to make a
Comment.
If you‘d like.
[2:00:28] comment.
If you‘d like.
>> the exact story.
[2:00:30] if you‘d like.
>> the exact story.
We thought that.
[2:00:31] >> the exact story.
We thought that.
So to just visually explain,
[2:00:36] we thought that.
So to just visually explain,
Obviously strategics reserve‘s
[2:00:38] so to just visually explain,
Obviously strategics reserve‘s
Balance sheet was hit.
[2:00:40] obviously strategics reserve‘s
Balance sheet was hit.
We could have used the funds to
[2:00:44] balance sheet was hit.
We could have used the funds to
Replenish, reinvest, or just
[2:00:46] we could have used the funds to
Replenish, reinvest, or just
Have security.
[2:00:47] replenish, reinvest, or just
Have security.
We thought that this was such a
[2:00:49] have security.
We thought that this was such a
Core promise, given the
[2:00:52] we thought that this was such a
Core promise, given the
Experience that we needed to
[2:00:54] core promise, given the
Experience that we needed to
Fulfill it.
[2:00:54] experience that we needed to
Fulfill it.
Moreover, and this is important
[2:00:57] fulfill it.
Moreover, and this is important
For those that have been through
[2:00:58] moreover, and this is important
For those that have been through
The journey with us, the tenants
[2:01:01] for those that have been through
The journey with us, the tenants
Trusted us in this transaction
[2:01:03] the journey with us, the tenants
Trusted us in this transaction
Because if you recall, we did
[2:01:05] trusted us in this transaction
Because if you recall, we did
Not get to fulfill the
[2:01:08] because if you recall, we did
Not get to fulfill the
Partnership, the mission driven
[2:01:09] not get to fulfill the
Partnership, the mission driven
Partnership we had envisioned
[2:01:11] partnership, the mission driven
Partnership we had envisioned
With a leading affordable
[2:01:12] partnership we had envisioned
With a leading affordable
Housing provider in this
[2:01:13] with a leading affordable
Housing provider in this
Community.
[2:01:13] housing provider in this
Community.
And so there were significant,
[2:01:19] community.
And so there were significant,
Distraught feelings that could
[2:01:20] and so there were significant,
Distraught feelings that could
Have fomented trust, distrust.
[2:01:23] distraught feelings that could
Have fomented trust, distrust.
And so our solution was to is to
[2:01:25] have fomented trust, distrust.
And so our solution was to is to
Say we are going to follow
[2:01:27] and so our solution was to is to
Say we are going to follow
Through on the ideas of the
[2:01:30] say we are going to follow
Through on the ideas of the
Mission driven partnership
[2:01:32] through on the ideas of the
Mission driven partnership
Through novel means, even if it
[2:01:34] mission driven partnership
Through novel means, even if it
Means we do not get to repair
[2:01:36] through novel means, even if it
Means we do not get to repair
Our balance sheet, which we owe
[2:01:37] means we do not get to repair
Our balance sheet, which we owe
To you, to the taxpayers, to
[2:01:39] our balance sheet, which we owe
To you, to the taxpayers, to
Future affordable housing
[2:01:41] to you, to the taxpayers, to
Future affordable housing
Investment, as quickly as we
[2:01:43] future affordable housing
Investment, as quickly as we
Would like, we‘ll find other
[2:01:45] investment, as quickly as we
Would like, we‘ll find other
Solutions for that.
[2:01:46] would like, we‘ll find other
Solutions for that.
And I think ultimately, the the
[2:01:49] solutions for that.
And I think ultimately, the the
Decision has been proven to be
[2:01:52] and I think ultimately, the the
Decision has been proven to be
Correct, because if we look back
[2:01:55] decision has been proven to be
Correct, because if we look back
At what that end to our
[2:02:00] correct, because if we look back
At what that end to our
Ownership will be looked at as
[2:02:03] at what that end to our
Ownership will be looked at as
Is given many poor choices, we
[2:02:08] ownership will be looked at as
Is given many poor choices, we
Tried to find a way that the
[2:02:11] is given many poor choices, we
Tried to find a way that the
Property would be put in better
[2:02:13] tried to find a way that the
Property would be put in better
Hands than ours, that the
[2:02:17] property would be put in better
Hands than ours, that the
Taxpayers and voters would have
[2:02:19] hands than ours, that the
Taxpayers and voters would have
A policy outcome that they could
[2:02:21] taxpayers and voters would have
A policy outcome that they could
Find sustainable and support,
[2:02:24] a policy outcome that they could
Find sustainable and support,
That we would get to a good
[2:02:26] find sustainable and support,
That we would get to a good
Financial place and most
[2:02:29] that we would get to a good
Financial place and most
Importantly, that we would
[2:02:32] financial place and most
Importantly, that we would
Attempt our best in this
[2:02:35] importantly, that we would
Attempt our best in this
Imperfect world at repair for
[2:02:37] attempt our best in this
Imperfect world at repair for
What had happened.
[2:02:38] imperfect world at repair for
What had happened.
And so for me, I will tell you,
[2:02:41] what had happened.
And so for me, I will tell you,
When we were voting to do the
[2:02:45] and so for me, I will tell you,
When we were voting to do the
Transaction, it was an
[2:02:47] when we were voting to do the
Transaction, it was an
Uncomfortable moment.
[2:02:48] transaction, it was an
Uncomfortable moment.
We needed to take a leap of
[2:02:50] uncomfortable moment.
We needed to take a leap of
Faith that credible partners
[2:02:52] we needed to take a leap of
Faith that credible partners
Would want to partner with us.
[2:02:53] faith that credible partners
Would want to partner with us.
We‘re very grateful that people
[2:02:55] would want to partner with us.
We‘re very grateful that people
With real reputation in this
[2:02:57] we‘re very grateful that people
With real reputation in this
Community want to do something
[2:02:58] with real reputation in this
Community want to do something
This hard, that the folks there
[2:03:01] community want to do something
This hard, that the folks there
Would be willing to open their
[2:03:03] this hard, that the folks there
Would be willing to open their
Door literally and
[2:03:04] would be willing to open their
Door literally and
Metaphorically and literally to
[2:03:07] door literally and
Metaphorically and literally to
Accept the program that we would
[2:03:10] metaphorically and literally to
Accept the program that we would
Have a board and a staff that
[2:03:12] accept the program that we would
Have a board and a staff that
Would be able to follow through.
[2:03:13] have a board and a staff that
Would be able to follow through.
So as we‘ve seen the
[2:03:15] would be able to follow through.
So as we‘ve seen the
Implementation, I‘ve been very
[2:03:17] so as we‘ve seen the
Implementation, I‘ve been very
Happy and appreciative that
[2:03:18] implementation, I‘ve been very
Happy and appreciative that
You‘ve trusted to do this on
[2:03:20] happy and appreciative that
You‘ve trusted to do this on
Your behalf.
[2:03:21] you‘ve trusted to do this on
Your behalf.
I think it‘s a really proud
[2:03:23] your behalf.
I think it‘s a really proud
Moment.
[2:03:23] I think it‘s a really proud
Moment.
I‘ll conclude with, I think
[2:03:26] moment.
I‘ll conclude with, I think
People that we hold in high
[2:03:28] I‘ll conclude with, I think
People that we hold in high
Esteem have told us, it‘s one
[2:03:30] people that we hold in high
Esteem have told us, it‘s one
Thing to promise something like
[2:03:32] esteem have told us, it‘s one
Thing to promise something like
This.
[2:03:32] thing to promise something like
This.
It‘s another thing to come
[2:03:34] this.
It‘s another thing to come
Anywhere near where we‘ve been
[2:03:35] it‘s another thing to come
Anywhere near where we‘ve been
At in delivering.
[2:03:37] anywhere near where we‘ve been
At in delivering.
I think it‘s something that you
[2:03:38] at in delivering.
I think it‘s something that you
Can be really proud of, that
[2:03:40] I think it‘s something that you
Can be really proud of, that
You‘ve collectively enabled,
[2:03:42] can be really proud of, that
You‘ve collectively enabled,
That you can convey to this
[2:03:44] you‘ve collectively enabled,
That you can convey to this
Community of.
[2:03:45] that you can convey to this
Community of.
We understood that there was a
[2:03:48] community of.
We understood that there was a
Challenge.
[2:03:48] we understood that there was a
Challenge.
We found the people to fix it.
[2:03:51] challenge.
We found the people to fix it.
We have done as as good as we
[2:03:55] we found the people to fix it.
We have done as as good as we
Can for these people and for our
[2:03:58] we have done as as good as we
Can for these people and for our
Tenant, for former tenants that
[2:04:00] can for these people and for our
Tenant, for former tenants that
Were in our care.
[2:04:01] tenant, for former tenants that
Were in our care.
And most importantly, we have a
[2:04:03] were in our care.
And most importantly, we have a
Template.
[2:04:03] and most importantly, we have a
Template.
We have a template not only for
[2:04:05] template.
We have a template not only for
The public properties and the
[2:04:08] we have a template not only for
The public properties and the
Mission driven properties, but
[2:04:09] the public properties and the
Mission driven properties, but
For all landlords when they
[2:04:12] mission driven properties, but
For all landlords when they
Encounter these kinds of
[2:04:14] for all landlords when they
Encounter these kinds of
Situations and tragedies about
[2:04:16] encounter these kinds of
Situations and tragedies about
What is just.
[2:04:19] situations and tragedies about
What is just.
>> it‘s a really outstanding
[2:04:23] what is just.
>> it‘s a really outstanding
Example of how to make things
[2:04:24] >> it‘s a really outstanding
Example of how to make things
Right.
[2:04:25] example of how to make things
Right.
And there was a lot of coverage
[2:04:26] right.
And there was a lot of coverage
Of the horrible position that a
[2:04:29] and there was a lot of coverage
Of the horrible position that a
Lot of tenants were put in
[2:04:31] of the horrible position that a
Lot of tenants were put in
Caused by winter storm uri,
[2:04:33] lot of tenants were put in
Caused by winter storm uri,
Which was caused by and this is
[2:04:35] caused by winter storm uri,
Which was caused by and this is
Well documented.
[2:04:36] which was caused by and this is
Well documented.
The oil and gas company shorting
[2:04:38] well documented.
The oil and gas company shorting
The supply of natural gas.
[2:04:39] the oil and gas company shorting
The supply of natural gas.
This wasn‘t just an act of god.
[2:04:40] the supply of natural gas.
This wasn‘t just an act of god.
This was also manipulation of
[2:04:43] this wasn‘t just an act of god.
This was also manipulation of
The of the natural gas markets
[2:04:45] this was also manipulation of
The of the natural gas markets
To raise the price.
[2:04:46] the of the natural gas markets
To raise the price.
And so many people were hurt so
[2:04:49] to raise the price.
And so many people were hurt so
Much property damage resulted
[2:04:52] and so many people were hurt so
Much property damage resulted
And so many of the residents
[2:04:54] much property damage resulted
And so many of the residents
Were left with unlivable
[2:04:56] and so many of the residents
Were left with unlivable
Housing.
[2:04:56] were left with unlivable
Housing.
There was a lot of coverage of
[2:04:57] housing.
There was a lot of coverage of
That.
[2:04:58] there was a lot of coverage of
That.
But has there been any coverage
[2:05:00] that.
But has there been any coverage
Of how you‘ve made it right?
[2:05:03] but has there been any coverage
Of how you‘ve made it right?
>> we‘ve not sought that
[2:05:04] of how you‘ve made it right?
>> we‘ve not sought that
Coverage, commissioner.
[2:05:05] >> we‘ve not sought that
Coverage, commissioner.
I think that I think it‘s.
[2:05:07] coverage, commissioner.
I think that I think it‘s.
>> an important story to tell.
[2:05:08] I think that I think it‘s.
>> an important story to tell.
Sure.
[2:05:08] >> an important story to tell.
Sure.
Yeah.
[2:05:09] sure.
Yeah.
>> I think, you know, it‘s this
[2:05:11] yeah.
>> I think, you know, it‘s this
For us is the least that we can
[2:05:14] >> I think, you know, it‘s this
For us is the least that we can
Do.
[2:05:14] for us is the least that we can
Do.
I mean, we are, of course, happy
[2:05:15] do.
I mean, we are, of course, happy
To talk about it in public as we
[2:05:17] I mean, we are, of course, happy
To talk about it in public as we
Are today.
[2:05:18] to talk about it in public as we
Are today.
But I think that this for us is
[2:05:22] are today.
But I think that this for us is
A matter of our organizational
[2:05:25] but I think that this for us is
A matter of our organizational
Integrity and just core serving
[2:05:28] a matter of our organizational
Integrity and just core serving
The folks and doing the best we
[2:05:29] integrity and just core serving
The folks and doing the best we
Can.
[2:05:29] the folks and doing the best we
Can.
>> it‘s a great example to share
[2:05:31] can.
>> it‘s a great example to share
So that others can see it and
[2:05:33] >> it‘s a great example to share
So that others can see it and
Look to, to replicate it.
[2:05:34] so that others can see it and
Look to, to replicate it.
So congratulations for doing
[2:05:36] look to, to replicate it.
So congratulations for doing
That.
[2:05:36] so congratulations for doing
That.
>> just, just to piggyback on
[2:05:38] that.
>> just, just to piggyback on
That, you know, maybe you‘re not
[2:05:43] >> just, just to piggyback on
That, you know, maybe you‘re not
Seeking publicity.
[2:05:44] that, you know, maybe you‘re not
Seeking publicity.
And I understand that.
[2:05:45] seeking publicity.
And I understand that.
However, to document the
[2:05:49] and I understand that.
However, to document the
Operating procedures, to have a
[2:05:52] however, to document the
Operating procedures, to have a
Manual to refer to the next time
[2:05:56] operating procedures, to have a
Manual to refer to the next time
A storm or an emergency happens,
[2:05:58] manual to refer to the next time
A storm or an emergency happens,
I mean, those are opportunities
[2:06:00] a storm or an emergency happens,
I mean, those are opportunities
To make sure that we are
[2:06:02] I mean, those are opportunities
To make sure that we are
Training people to address their
[2:06:04] to make sure that we are
Training people to address their
Needs during the most difficult
[2:06:06] training people to address their
Needs during the most difficult
Times.
[2:06:06] needs during the most difficult
Times.
You know, we we reach out to the
[2:06:09] times.
You know, we we reach out to the
Food bank as a process when we
[2:06:11] you know, we we reach out to the
Food bank as a process when we
Know something is coming, we ask
[2:06:14] food bank as a process when we
Know something is coming, we ask
Them to come before the storm
[2:06:16] know something is coming, we ask
Them to come before the storm
And work with our families.
[2:06:17] them to come before the storm
And work with our families.
It would be important to do the
[2:06:19] and work with our families.
It would be important to do the
Same thing as it relates to
[2:06:21] it would be important to do the
Same thing as it relates to
Water.
[2:06:21] same thing as it relates to
Water.
It would be important to do the
[2:06:23] water.
It would be important to do the
Same thing as it relates to all
[2:06:26] it would be important to do the
Same thing as it relates to all
Of those elements, which are
[2:06:28] same thing as it relates to all
Of those elements, which are
Necessary to get people through
[2:06:29] of those elements, which are
Necessary to get people through
An emergency.
[2:06:30] necessary to get people through
An emergency.
And, you know, you know that
[2:06:33] an emergency.
And, you know, you know that
That it has been done right.
[2:06:34] and, you know, you know that
That it has been done right.
And well, it‘s a good thing.
[2:06:37] that it has been done right.
And well, it‘s a good thing.
So that‘s the bonus.
[2:06:38] and well, it‘s a good thing.
So that‘s the bonus.
But how do we make sure that
[2:06:40] so that‘s the bonus.
But how do we make sure that
Whenever something happens,
[2:06:43] but how do we make sure that
Whenever something happens,
We‘ve got a system to work
[2:06:44] whenever something happens,
We‘ve got a system to work
Through?
[2:06:45] we‘ve got a system to work
Through?
And if we can do that, I think
[2:06:47] through?
And if we can do that, I think
We can do something significant.
[2:06:49] and if we can do that, I think
We can do something significant.
>> thank you sir.
[2:06:50] we can do something significant.
>> thank you sir.
>> thank you commissioners.
[2:06:55] >> thank you sir.
>> thank you commissioners.
Now, we‘ve you‘ve heard about
[2:06:56] >> thank you commissioners.
Now, we‘ve you‘ve heard about
The people.
[2:06:57] now, we‘ve you‘ve heard about
The people.
And now let me walk you through
[2:06:59] the people.
And now let me walk you through
The homes that they live in.
[2:07:00] and now let me walk you through
The homes that they live in.
So today, strategic hfc has 4410
[2:07:06] the homes that they live in.
So today, strategic hfc has 4410
Units in operation across travis
[2:07:08] so today, strategic hfc has 4410
Units in operation across travis
County.
[2:07:08] units in operation across travis
County.
Over the past year, we‘ve
[2:07:10] county.
Over the past year, we‘ve
Strengthened our relationships
[2:07:11] over the past year, we‘ve
Strengthened our relationships
With development partners who
[2:07:12] strengthened our relationships
With development partners who
Know how to deliver quality
[2:07:14] with development partners who
Know how to deliver quality
Housing for our neighbors.
[2:07:14] know how to deliver quality
Housing for our neighbors.
In 2028,.
[2:07:18] housing for our neighbors.
In 2028,.
[laughter]
[2:07:18] in 2028,.
[laughter]
2028, 2025, we delivered 648 new
[2:07:22] [laughter]
2028, 2025, we delivered 648 new
Units across two properties.
[2:07:23] 2028, 2025, we delivered 648 new
Units across two properties.
First, the residents at ruby,
[2:07:26] units across two properties.
First, the residents at ruby,
Which is a workforce project off
[2:07:28] first, the residents at ruby,
Which is a workforce project off
Riverside.
[2:07:28] which is a workforce project off
Riverside.
This is our first delivery under
[2:07:31] riverside.
This is our first delivery under
The public workers pilot
[2:07:33] this is our first delivery under
The public workers pilot
Program.
[2:07:33] the public workers pilot
Program.
Through this pilot, we‘re
[2:07:35] program.
Through this pilot, we‘re
Prioritizing units for public
[2:07:36] through this pilot, we‘re
Prioritizing units for public
Employees who keep this
[2:07:37] prioritizing units for public
Employees who keep this
Community running and providing
[2:07:40] employees who keep this
Community running and providing
Additional incentives, such as
[2:07:42] community running and providing
Additional incentives, such as
Waived application fees and
[2:07:43] additional incentives, such as
Waived application fees and
Security deposits, layered rent
[2:07:46] waived application fees and
Security deposits, layered rent
Concessions and boutique
[2:07:47] security deposits, layered rent
Concessions and boutique
Referral bonuses.
[2:07:48] concessions and boutique
Referral bonuses.
The second project, daffin
[2:07:50] referral bonuses.
The second project, daffin
Flats, is a 4% latex project
[2:07:52] the second project, daffin
Flats, is a 4% latex project
Constructed by ellington
[2:07:54] flats, is a 4% latex project
Constructed by ellington
Capital.
[2:07:54] constructed by ellington
Capital.
The clearest sign that our
[2:07:56] capital.
The clearest sign that our
Partners are getting the
[2:07:57] the clearest sign that our
Partners are getting the
Resident experience right is
[2:07:58] partners are getting the
Resident experience right is
That our residents are voting
[2:08:00] resident experience right is
That our residents are voting
With their renewals and their
[2:08:02] that our residents are voting
With their renewals and their
Reviews.
[2:08:02] with their renewals and their
Reviews.
When you tour either property,
[2:08:04] reviews.
When you tour either property,
You can understand why the staff
[2:08:07] when you tour either property,
You can understand why the staff
Is kind and helpful.
[2:08:08] you can understand why the staff
Is kind and helpful.
The kitchens are big, the
[2:08:09] is kind and helpful.
The kitchens are big, the
Storage is plentiful, and the
[2:08:11] the kitchens are big, the
Storage is plentiful, and the
Layouts are designed for the
[2:08:12] storage is plentiful, and the
Layouts are designed for the
Families who actually live in
[2:08:13] layouts are designed for the
Families who actually live in
Them.
[2:08:13] families who actually live in
Them.
Just last week, we celebrated a
[2:08:15] them.
Just last week, we celebrated a
Ribbon cutting at another
[2:08:16] just last week, we celebrated a
Ribbon cutting at another
Ellington property, blue ridge
[2:08:18] ribbon cutting at another
Ellington property, blue ridge
Flats, a 4% latex deal bringing
[2:08:22] ellington property, blue ridge
Flats, a 4% latex deal bringing
321 new units to our portfolio.
[2:08:23] flats, a 4% latex deal bringing
321 new units to our portfolio.
I toured the property with a
[2:08:25] 321 new units to our portfolio.
I toured the property with a
Team and I was genuinely
[2:08:27] I toured the property with a
Team and I was genuinely
Impressed.
[2:08:27] team and I was genuinely
Impressed.
If any of you have not had the
[2:08:29] impressed.
If any of you have not had the
Chance to walk an ellington
[2:08:31] if any of you have not had the
Chance to walk an ellington
Affordable property, please
[2:08:32] chance to walk an ellington
Affordable property, please
Consider this an invitation.
[2:08:33] affordable property, please
Consider this an invitation.
We would love to show you what
[2:08:34] consider this an invitation.
We would love to show you what
Quality looks like at this
[2:08:36] we would love to show you what
Quality looks like at this
Scale, and as of this week, we
[2:08:37] quality looks like at this
Scale, and as of this week, we
Have another 514 units under
[2:08:41] scale, and as of this week, we
Have another 514 units under
Construction.
[2:08:41] have another 514 units under
Construction.
With that, I‘ll turn it back to
[2:08:43] construction.
With that, I‘ll turn it back to
Dianna, who will walk you
[2:08:44] with that, I‘ll turn it back to
Dianna, who will walk you
Through the projects in our
[2:08:45] dianna, who will walk you
Through the projects in our
Active pipeline market
[2:08:47] through the projects in our
Active pipeline market
Conditions, shaping them, and
[2:08:48] active pipeline market
Conditions, shaping them, and
How we oversee the portfolio we
[2:08:49] conditions, shaping them, and
How we oversee the portfolio we
Have already built.
[2:08:50] how we oversee the portfolio we
Have already built.
>> excellent.
[2:08:52] have already built.
>> excellent.
Thank you.
[2:08:52] >> excellent.
Thank you.
So I want to spend a moment on
[2:08:54] thank you.
So I want to spend a moment on
Our prospective deals in the
[2:08:56] so I want to spend a moment on
Our prospective deals in the
Pipeline.
[2:08:56] our prospective deals in the
Pipeline.
So these are projects that we
[2:08:58] pipeline.
So these are projects that we
Are actively working on but have
[2:09:00] so these are projects that we
Are actively working on but have
Not yet approved or closed.
[2:09:04] are actively working on but have
Not yet approved or closed.
This touches on two items.
[2:09:05] not yet approved or closed.
This touches on two items.
One, how we sort of think about
[2:09:07] this touches on two items.
One, how we sort of think about
Our deal terms and then how we
[2:09:10] one, how we sort of think about
Our deal terms and then how we
Ensure that we‘ve got a healthy
[2:09:11] our deal terms and then how we
Ensure that we‘ve got a healthy
Pipeline.
[2:09:12] ensure that we‘ve got a healthy
Pipeline.
We review and update our deal
[2:09:15] pipeline.
We review and update our deal
Standards at least annually for
[2:09:16] we review and update our deal
Standards at least annually for
Each deal type.
[2:09:17] standards at least annually for
Each deal type.
When we set those partnership
[2:09:20] each deal type.
When we set those partnership
Term terms, we‘re working really
[2:09:21] when we set those partnership
Term terms, we‘re working really
Hard to strike a balance to get
[2:09:24] term terms, we‘re working really
Hard to strike a balance to get
The most value for travis county
[2:09:27] hard to strike a balance to get
The most value for travis county
Residents and ensure that the
[2:09:29] the most value for travis county
Residents and ensure that the
Deal can still move forward,
[2:09:31] residents and ensure that the
Deal can still move forward,
That it‘s financially feasible.
[2:09:33] deal can still move forward,
That it‘s financially feasible.
And so we are interested in
[2:09:36] that it‘s financially feasible.
And so we are interested in
Scale, but we are being very
[2:09:38] and so we are interested in
Scale, but we are being very
Careful to ensure that when
[2:09:40] scale, but we are being very
Careful to ensure that when
We‘re looking at a pipeline,
[2:09:42] careful to ensure that when
We‘re looking at a pipeline,
We‘re really confident that the
[2:09:44] we‘re looking at a pipeline,
We‘re really confident that the
Deals in that pipeline are
[2:09:45] we‘re really confident that the
Deals in that pipeline are
Bringing real affordability and
[2:09:47] deals in that pipeline are
Bringing real affordability and
Real quality to the county.
[2:09:49] bringing real affordability and
Real quality to the county.
As you well know, the temporary
[2:09:52] real quality to the county.
As you well know, the temporary
Surge of supply and rental
[2:09:53] as you well know, the temporary
Surge of supply and rental
Housing has created vacancy in
[2:09:56] surge of supply and rental
Housing has created vacancy in
The rental market and soft
[2:09:58] housing has created vacancy in
The rental market and soft
Rents, and that has made it
[2:10:00] the rental market and soft
Rents, and that has made it
Quite difficult for our partners
[2:10:02] rents, and that has made it
Quite difficult for our partners
To secure debt and equity for
[2:10:04] quite difficult for our partners
To secure debt and equity for
Their deals.
[2:10:05] to secure debt and equity for
Their deals.
As a result, we‘ve had quite a
[2:10:07] their deals.
As a result, we‘ve had quite a
Few deals stall or fall out of
[2:10:09] as a result, we‘ve had quite a
Few deals stall or fall out of
Our pipeline.
[2:10:10] few deals stall or fall out of
Our pipeline.
So against that backdrop, we‘re
[2:10:12] our pipeline.
So against that backdrop, we‘re
Actually very pleased to have
[2:10:14] so against that backdrop, we‘re
Actually very pleased to have
Six projects in the active
[2:10:16] actually very pleased to have
Six projects in the active
Underwriting process.
[2:10:17] six projects in the active
Underwriting process.
These projects represent a mix
[2:10:19] underwriting process.
These projects represent a mix
Of tax credit and mixed income
[2:10:22] these projects represent a mix
Of tax credit and mixed income
Or workforce units.
[2:10:23] of tax credit and mixed income
Or workforce units.
And I will say that we when we
[2:10:26] or workforce units.
And I will say that we when we
Look at this, compared to the
[2:10:28] and I will say that we when we
Look at this, compared to the
Map of our existing portfolio,
[2:10:31] look at this, compared to the
Map of our existing portfolio,
We do see some improvement in
[2:10:33] map of our existing portfolio,
We do see some improvement in
The geographic concentration.
[2:10:35] we do see some improvement in
The geographic concentration.
That is in part thanks to mixed
[2:10:38] the geographic concentration.
That is in part thanks to mixed
Income properties, that which we
[2:10:39] that is in part thanks to mixed
Income properties, that which we
Have a little easier time
[2:10:41] income properties, that which we
Have a little easier time
Locating in other parts of town.
[2:10:43] have a little easier time
Locating in other parts of town.
And then I also want to note
[2:10:46] locating in other parts of town.
And then I also want to note
That a quarter of the units
[2:10:48] and then I also want to note
That a quarter of the units
Represented here are at 50% or
[2:10:51] that a quarter of the units
Represented here are at 50% or
Below mfi, and that‘s a big
[2:10:54] represented here are at 50% or
Below mfi, and that‘s a big
Change for strategic.
[2:10:56] below mfi, and that‘s a big
Change for strategic.
Our historic portfolio.
[2:10:58] change for strategic.
Our historic portfolio.
When we did our first analysis
[2:11:00] our historic portfolio.
When we did our first analysis
Was 95% at 60% am I.
[2:11:03] when we did our first analysis
Was 95% at 60% am I.
And so should all of these
[2:11:07] was 95% at 60% am I.
And so should all of these
Projects come
[2:11:08] and so should all of these
Projects come
>>  come to fruition.
[2:11:08] projects come
>>  come to fruition.
It would actually represent a
[2:11:11] >>  come to fruition.
It would actually represent a
250% increase in 50% units in
[2:11:14] it would actually represent a
250% increase in 50% units in
Our portfolio.
[2:11:15] 250% increase in 50% units in
Our portfolio.
>> that‘s fabulous.
[2:11:16] our portfolio.
>> that‘s fabulous.
That‘s what we‘re hearing is
[2:11:18] >> that‘s fabulous.
That‘s what we‘re hearing is
There‘s a really great need for
[2:11:19] that‘s what we‘re hearing is
There‘s a really great need for
The even lower area median
[2:11:22] there‘s a really great need for
The even lower area median
Income priced units.
[2:11:23] the even lower area median
Income priced units.
>> and that‘s a result of our
[2:11:26] income priced units.
>> and that‘s a result of our
Policy work.
[2:11:27] >> and that‘s a result of our
Policy work.
We have in both our workforce
[2:11:31] policy work.
We have in both our workforce
Projects and our tech deals.
[2:11:33] we have in both our workforce
Projects and our tech deals.
Asked our developers to have at
[2:11:36] projects and our tech deals.
Asked our developers to have at
Least 10% of those units set
[2:11:39] asked our developers to have at
Least 10% of those units set
Aside at 50%.
[2:11:40] least 10% of those units set
Aside at 50%.
They may do more, but we want to
[2:11:42] aside at 50%.
They may do more, but we want to
Make sure that we do this both
[2:11:44] they may do more, but we want to
Make sure that we do this both
To reach the affordability needs
[2:11:46] make sure that we do this both
To reach the affordability needs
And, frankly, for the health of
[2:11:48] to reach the affordability needs
And, frankly, for the health of
Our portfolio so that we have a
[2:11:50] and, frankly, for the health of
Our portfolio so that we have a
Diversity of income levels and
[2:11:52] our portfolio so that we have a
Diversity of income levels and
We‘re not so vulnerable to
[2:11:54] diversity of income levels and
We‘re not so vulnerable to
Vacancy.
[2:11:56] we‘re not so vulnerable to
Vacancy.
So we‘ll go to the next slide.
[2:11:58] vacancy.
So we‘ll go to the next slide.
So how do we do this?
[2:12:01] so we‘ll go to the next slide.
So how do we do this?
How do we invest in these
[2:12:03] so how do we do this?
How do we invest in these
Projects?
[2:12:04] how do we invest in these
Projects?
As an hfc, our primary tools, as
[2:12:08] projects?
As an hfc, our primary tools, as
You know, are our authority to
[2:12:09] as an hfc, our primary tools, as
You know, are our authority to
Issue low interest debt in the
[2:12:11] you know, are our authority to
Issue low interest debt in the
Form of bonds that also unlocks
[2:12:14] issue low interest debt in the
Form of bonds that also unlocks
Tax credit and equity and our
[2:12:17] form of bonds that also unlocks
Tax credit and equity and our
Ability to confer a property tax
[2:12:19] tax credit and equity and our
Ability to confer a property tax
Exemption.
[2:12:19] ability to confer a property tax
Exemption.
When we enter a partnership.
[2:12:21] exemption.
When we enter a partnership.
Those will continue to be
[2:12:22] when we enter a partnership.
Those will continue to be
Critical tools, but we do want
[2:12:25] those will continue to be
Critical tools, but we do want
To expand that toolkit.
[2:12:28] critical tools, but we do want
To expand that toolkit.
And so we have begun directing
[2:12:31] to expand that toolkit.
And so we have begun directing
Available revenue into special
[2:12:32] and so we have begun directing
Available revenue into special
Board designated funds.
[2:12:34] available revenue into special
Board designated funds.
And I‘d like to share the
[2:12:35] board designated funds.
And I‘d like to share the
Details of a couple of funds
[2:12:37] and I‘d like to share the
Details of a couple of funds
That we are now deploying that
[2:12:39] details of a couple of funds
That we are now deploying that
Support both the supply of
[2:12:41] that we are now deploying that
Support both the supply of
Affordable housing and good
[2:12:43] support both the supply of
Affordable housing and good
Stewardship of our portfolio.
[2:12:44] affordable housing and good
Stewardship of our portfolio.
So first, I‘ll speak to the
[2:12:47] stewardship of our portfolio.
So first, I‘ll speak to the
Housing production fund.
[2:12:48] so first, I‘ll speak to the
Housing production fund.
As a reminder, we created this
[2:12:52] housing production fund.
As a reminder, we created this
As a tool to catalyze the
[2:12:54] as a reminder, we created this
As a tool to catalyze the
Development of affordable
[2:12:55] as a tool to catalyze the
Development of affordable
Housing.
[2:12:55] development of affordable
Housing.
And the idea here is that the
[2:12:57] housing.
And the idea here is that the
Fund will help us meet policy
[2:12:59] and the idea here is that the
Fund will help us meet policy
Goals.
[2:12:59] fund will help us meet policy
Goals.
So that may be deeper
[2:13:01] goals.
So that may be deeper
Affordability.
[2:13:01] so that may be deeper
Affordability.
It may be geographic diversity
[2:13:03] affordability.
It may be geographic diversity
Or higher quality, or especially
[2:13:06] it may be geographic diversity
Or higher quality, or especially
In difficult market conditions
[2:13:08] or higher quality, or especially
In difficult market conditions
Like we now find ourselves in.
[2:13:10] in difficult market conditions
Like we now find ourselves in.
It may provide us those
[2:13:12] like we now find ourselves in.
It may provide us those
Additional resources that are
[2:13:14] it may provide us those
Additional resources that are
Necessary to just get a deal to
[2:13:16] additional resources that are
Necessary to just get a deal to
The finish line.
[2:13:17] necessary to just get a deal to
The finish line.
So the balance of the fund is
[2:13:21] the finish line.
So the balance of the fund is
Currently $15 million.
[2:13:22] so the balance of the fund is
Currently $15 million.
And we are now beginning to
[2:13:24] currently $15 million.
And we are now beginning to
Deploy it.
[2:13:24] and we are now beginning to
Deploy it.
The fund is structured
[2:13:28] deploy it.
The fund is structured
Effectively as a revolving loan
[2:13:30] the fund is structured
Effectively as a revolving loan
Fund.
[2:13:30] effectively as a revolving loan
Fund.
So in the short term we expect
[2:13:33] fund.
So in the short term we expect
To use these funds to bridge
[2:13:35] so in the short term we expect
To use these funds to bridge
Financing gaps for our partners.
[2:13:37] to use these funds to bridge
Financing gaps for our partners.
And those gaps are being driven
[2:13:39] financing gaps for our partners.
And those gaps are being driven
By higher vacancy rates and
[2:13:41] and those gaps are being driven
By higher vacancy rates and
Lower rents.
[2:13:42] by higher vacancy rates and
Lower rents.
We are structuring the loans as
[2:13:45] lower rents.
We are structuring the loans as
A subordinate to the senior
[2:13:49] we are structuring the loans as
A subordinate to the senior
Debt.
[2:13:49] a subordinate to the senior
Debt.
So either construction or
[2:13:51] debt.
So either construction or
Permanent lending, and they‘ll
[2:13:53] so either construction or
Permanent lending, and they‘ll
Be typically be repayable
[2:13:54] permanent lending, and they‘ll
Be typically be repayable
Through net cash flow.
[2:13:55] be typically be repayable
Through net cash flow.
So that would happen as the
[2:13:58] through net cash flow.
So that would happen as the
Market improves, as the project
[2:14:02] so that would happen as the
Market improves, as the project
Stabilizes or at refinance, or
[2:14:04] market improves, as the project
Stabilizes or at refinance, or
When a partner leaves and sells
[2:14:07] stabilizes or at refinance, or
When a partner leaves and sells
Their interest in the property.
[2:14:08] when a partner leaves and sells
Their interest in the property.
Those funds would come back to
[2:14:11] their interest in the property.
Those funds would come back to
Strategic with a modest interest
[2:14:13] those funds would come back to
Strategic with a modest interest
Rate because the funds are
[2:14:17] strategic with a modest interest
Rate because the funds are
Limited, we are focusing these
[2:14:18] rate because the funds are
Limited, we are focusing these
On deals which we think really
[2:14:21] limited, we are focusing these
On deals which we think really
Produce quality and impact as
[2:14:23] on deals which we think really
Produce quality and impact as
Measured by our strategic
[2:14:26] produce quality and impact as
Measured by our strategic
Affordability impact measure,
[2:14:28] measured by our strategic
Affordability impact measure,
Which, as you may recall,
[2:14:30] affordability impact measure,
Which, as you may recall,
Balances the number of units,
[2:14:31] which, as you may recall,
Balances the number of units,
The size, the location, the
[2:14:34] balances the number of units,
The size, the location, the
Depth of affordability, and the
[2:14:35] the size, the location, the
Depth of affordability, and the
Length of affordability.
[2:14:36] depth of affordability, and the
Length of affordability.
>> diana, right now, are you
[2:14:37] length of affordability.
>> diana, right now, are you
Just using this fund to support
[2:14:41] >> diana, right now, are you
Just using this fund to support
Deals that you all are part of?
[2:14:43] just using this fund to support
Deals that you all are part of?
>> correct.
[2:14:44] deals that you all are part of?
>> correct.
That‘s right.
[2:14:45] >> correct.
That‘s right.
And so really, thus far, we are
[2:14:49] that‘s right.
And so really, thus far, we are
Primarily looking at deals that
[2:14:51] and so really, thus far, we are
Primarily looking at deals that
Were already in our pipeline but
[2:14:53] primarily looking at deals that
Were already in our pipeline but
Had stalled because of the
[2:14:55] were already in our pipeline but
Had stalled because of the
Changes in the market
[2:14:56] had stalled because of the
Changes in the market
Conditions.
[2:14:57] changes in the market
Conditions.
It is important because, as you
[2:15:00] conditions.
It is important because, as you
Know, we are self-sufficient
[2:15:03] it is important because, as you
Know, we are self-sufficient
Financially that we use this to
[2:15:06] know, we are self-sufficient
Financially that we use this to
Generate deals, that we continue
[2:15:07] financially that we use this to
Generate deals, that we continue
To see some revenue over time
[2:15:10] generate deals, that we continue
To see some revenue over time
For our own stability.
[2:15:12] to see some revenue over time
For our own stability.
But we can be patient and we can
[2:15:14] for our own stability.
But we can be patient and we can
Provide preferential financing
[2:15:16] but we can be patient and we can
Provide preferential financing
Options for partners.
[2:15:17] provide preferential financing
Options for partners.
>> voted to invest.
[2:15:19] options for partners.
>> voted to invest.
Contribute funding from our pot
[2:15:23] >> voted to invest.
Contribute funding from our pot
Of money that we earn through
[2:15:26] contribute funding from our pot
Of money that we earn through
Housing deals to the austin
[2:15:27] of money that we earn through
Housing deals to the austin
Community foundations.
[2:15:29] housing deals to the austin
Community foundations.
I forget what they‘re calling
[2:15:30] community foundations.
I forget what they‘re calling
It.
[2:15:30] I forget what they‘re calling
It.
Accelerator fund, accelerator
[2:15:32] it.
Accelerator fund, accelerator
Fund, but it sounds similar to
[2:15:34] accelerator fund, accelerator
Fund, but it sounds similar to
This fund.
[2:15:34] fund, but it sounds similar to
This fund.
>> yes, it‘s similar in concept.
[2:15:37] this fund.
>> yes, it‘s similar in concept.
I would say my understanding of
[2:15:39] >> yes, it‘s similar in concept.
I would say my understanding of
The accelerator fund is it tends
[2:15:41] I would say my understanding of
The accelerator fund is it tends
To be a little more on the
[2:15:44] the accelerator fund is it tends
To be a little more on the
Pre-development and acquisition
[2:15:46] to be a little more on the
Pre-development and acquisition
Side.
[2:15:46] pre-development and acquisition
Side.
This would be a similar concept,
[2:15:49] side.
This would be a similar concept,
Perhaps a little more patient
[2:15:51] this would be a similar concept,
Perhaps a little more patient
Into operations, but I think we
[2:15:53] perhaps a little more patient
Into operations, but I think we
Are interested in working with
[2:15:57] into operations, but I think we
Are interested in working with
Entities like acf to see whether
[2:15:59] are interested in working with
Entities like acf to see whether
We can leverage this over time,
[2:16:01] entities like acf to see whether
We can leverage this over time,
Or even looking to some of the
[2:16:04] we can leverage this over time,
Or even looking to some of the
National community development
[2:16:05] or even looking to some of the
National community development
Financial institutions to see
[2:16:07] national community development
Financial institutions to see
Whether we can grow impact in
[2:16:09] financial institutions to see
Whether we can grow impact in
The short term.
[2:16:10] whether we can grow impact in
The short term.
We are looking forward to
[2:16:11] the short term.
We are looking forward to
Bringing our first loan to the
[2:16:13] we are looking forward to
Bringing our first loan to the
Board in the next 30 to 60 days.
[2:16:15] bringing our first loan to the
Board in the next 30 to 60 days.
>> great.
[2:16:16] board in the next 30 to 60 days.
>> great.
>> we‘ve been hearing
[2:16:18] >> great.
>> we‘ve been hearing
Demographic reports lately about
[2:16:20] >> we‘ve been hearing
Demographic reports lately about
Loss of population, partly
[2:16:22] demographic reports lately about
Loss of population, partly
Driven by crackdowns on
[2:16:24] loss of population, partly
Driven by crackdowns on
Immigration.
[2:16:24] driven by crackdowns on
Immigration.
How is that factoring into
[2:16:28] immigration.
How is that factoring into
Projections?
[2:16:28] how is that factoring into
Projections?
I know that we don‘t seem to be
[2:16:30] projections?
I know that we don‘t seem to be
Great at managing the boom and
[2:16:33] I know that we don‘t seem to be
Great at managing the boom and
Bust cycles.
[2:16:34] great at managing the boom and
Bust cycles.
On development of new housing.
[2:16:36] bust cycles.
On development of new housing.
In fact, 5000 units were
[2:16:38] on development of new housing.
In fact, 5000 units were
Scheduled to come on in the
[2:16:42] in fact, 5000 units were
Scheduled to come on in the
Apartment world over a two year
[2:16:43] scheduled to come on in the
Apartment world over a two year
Period.
[2:16:44] apartment world over a two year
Period.
I think you say 3000 new units
[2:16:46] period.
I think you say 3000 new units
Came on last year, correct?
[2:16:48] I think you say 3000 new units
Came on last year, correct?
And that‘s part of what‘s
[2:16:50] came on last year, correct?
And that‘s part of what‘s
Driving down the price of of
[2:16:53] and that‘s part of what‘s
Driving down the price of of
Rental units, which is good for
[2:16:54] driving down the price of of
Rental units, which is good for
The consumer.
[2:16:55] rental units, which is good for
The consumer.
But it‘s also affecting our
[2:16:58] the consumer.
But it‘s also affecting our
Affordable housing units.
[2:16:59] but it‘s also affecting our
Affordable housing units.
I think you say this is caused
[2:17:01] affordable housing units.
I think you say this is caused
Higher vacancies than you.
[2:17:03] I think you say this is caused
Higher vacancies than you.
That‘s correct.
[2:17:04] higher vacancies than you.
That‘s correct.
Traditionally seen.
[2:17:05] that‘s correct.
Traditionally seen.
How do you see that evolving
[2:17:08] traditionally seen.
How do you see that evolving
With these new demographic data
[2:17:10] how do you see that evolving
With these new demographic data
Points about loss of population.
[2:17:13] with these new demographic data
Points about loss of population.
>> so I don‘t know that we have
[2:17:16] points about loss of population.
>> so I don‘t know that we have
A clear answer.
[2:17:17] >> so I don‘t know that we have
A clear answer.
I will say, and I should say
[2:17:19] a clear answer.
I will say, and I should say
That our portfolio overall is
[2:17:22] I will say, and I should say
That our portfolio overall is
Sitting at 83% vacant.
[2:17:25] that our portfolio overall is
Sitting at 83% vacant.
Excuse me, occupancy right now.
[2:17:27] sitting at 83% vacant.
Excuse me, occupancy right now.
And it has stabilized.
[2:17:30] excuse me, occupancy right now.
And it has stabilized.
We‘ll talk a little bit more
[2:17:31] and it has stabilized.
We‘ll talk a little bit more
About that in a moment.
[2:17:32] we‘ll talk a little bit more
About that in a moment.
Most of the analysis that we‘re
[2:17:35] about that in a moment.
Most of the analysis that we‘re
Seeing still believes the
[2:17:38] most of the analysis that we‘re
Seeing still believes the
Fundamentals are strong for
[2:17:39] seeing still believes the
Fundamentals are strong for
Travis county, that our
[2:17:40] fundamentals are strong for
Travis county, that our
Population is growing, that we
[2:17:42] travis county, that our
Population is growing, that we
Have, you know, relatively
[2:17:43] population is growing, that we
Have, you know, relatively
Robust job creation, etc.
[2:17:45] have, you know, relatively
Robust job creation, etc.
That said, of course, the
[2:17:48] robust job creation, etc.
That said, of course, the
Fundamental of what is happening
[2:17:50] that said, of course, the
Fundamental of what is happening
With immigration enforcement is
[2:17:52] fundamental of what is happening
With immigration enforcement is
It‘s a population which we by
[2:17:55] with immigration enforcement is
It‘s a population which we by
Definition, don‘t have great
[2:17:56] it‘s a population which we by
Definition, don‘t have great
Numbers.
[2:17:56] definition, don‘t have great
Numbers.
I don‘t know whether in your
[2:17:59] numbers.
I don‘t know whether in your
Work and sort of asset
[2:18:00] I don‘t know whether in your
Work and sort of asset
Management.
[2:18:00] work and sort of asset
Management.
President huddleston, you‘ve,
[2:18:02] management.
President huddleston, you‘ve,
You know, had any insight into
[2:18:04] president huddleston, you‘ve,
You know, had any insight into
What is predicted there.
[2:18:08] you know, had any insight into
What is predicted there.
>> I think to speak to where the
[2:18:10] what is predicted there.
>> I think to speak to where the
Market is today, over 75% of the
[2:18:15] >> I think to speak to where the
Market is today, over 75% of the
Conventional rate, market rate
[2:18:17] market is today, over 75% of the
Conventional rate, market rate
Apartments are competing with at
[2:18:19] conventional rate, market rate
Apartments are competing with at
That 51% ami level directly with
[2:18:22] apartments are competing with at
That 51% ami level directly with
Our portfolio.
[2:18:24] that 51% ami level directly with
Our portfolio.
And what it looks like in the
[2:18:27] our portfolio.
And what it looks like in the
Future.
[2:18:28] and what it looks like in the
Future.
I do think we we need to be
[2:18:31] future.
I do think we we need to be
Mindl of population growth
[2:18:32] I do think we we need to be
Mindl of population growth
Because to your point, I don‘t
[2:18:34] mindl of population growth
Because to your point, I don‘t
Think we are seeing the boom
[2:18:35] because to your point, I don‘t
Think we are seeing the boom
That we saw in in 21 to really
[2:18:39] think we are seeing the boom
That we saw in in 21 to really
Catalyze all of the development
[2:18:40] that we saw in in 21 to really
Catalyze all of the development
That is ming.
[2:18:41] catalyze all of the development
That is ming.
And so it‘s something that will
[2:18:43] that is ming.
And so it‘s something that will
Definitely have a pulse on going
[2:18:45] and so it‘s something that will
Definitely have a pulse on going
Forward.
[2:18:46] definitely have a pulse on going
Forward.
It‘s something that‘s of
[2:18:47] forward.
It‘s something that‘s of
Particular interest to me in
[2:18:51] it‘s something that‘s of
Particular interest to me in
Getting the the.
[2:18:54] particular interest to me in
Getting the the.
Vacancy down is in housing, as
[2:19:00] getting the the.
Vacancy down is in housing, as
Many of our travis county
[2:19:01] vacancy down is in housing, as
Many of our travis county
Neighbors as possible.
[2:19:02] many of our travis county
Neighbors as possible.
So it‘s something that we‘ll
[2:19:04] neighbors as possible.
So it‘s something that we‘ll
We‘ll continue to monitor.
[2:19:06] so it‘s something that we‘ll
We‘ll continue to monitor.
And I think our risk rating
[2:19:09] we‘ll continue to monitor.
And I think our risk rating
Platform that we will talk
[2:19:11] and I think our risk rating
Platform that we will talk
About, we‘ll kind of show you
[2:19:12] platform that we will talk
About, we‘ll kind of show you
How we‘re monitoring that risk
[2:19:14] about, we‘ll kind of show you
How we‘re monitoring that risk
And intervening.
[2:19:15] how we‘re monitoring that risk
And intervening.
>> thank you.
[2:19:16] and intervening.
>> thank you.
Just just to piggyback on that a
[2:19:18] >> thank you.
Just just to piggyback on that a
Little, I‘m concerned that a lot
[2:19:22] just just to piggyback on that a
Little, I‘m concerned that a lot
Of people that were traditional
[2:19:24] little, I‘m concerned that a lot
Of people that were traditional
East austin families, as I get
[2:19:28] of people that were traditional
East austin families, as I get
Older on fixed incomes, it looks
[2:19:31] east austin families, as I get
Older on fixed incomes, it looks
Like 183 is yeah.
[2:19:34] older on fixed incomes, it looks
Like 183 is yeah.
183 looks like what, 35 looked
[2:19:36] like 183 is yeah.
183 looks like what, 35 looked
Like 50 years ago that we‘re
[2:19:38] 183 looks like what, 35 looked
Like 50 years ago that we‘re
Moving people out and we‘re
[2:19:40] like 50 years ago that we‘re
Moving people out and we‘re
Moving them into places where we
[2:19:42] moving people out and we‘re
Moving them into places where we
Don‘t have nearly as many
[2:19:45] moving them into places where we
Don‘t have nearly as many
Resources for them.
[2:19:46] don‘t have nearly as many
Resources for them.
So my question really is, have
[2:19:48] resources for them.
So my question really is, have
We considered or are we allowed
[2:19:52] so my question really is, have
We considered or are we allowed
To look at partnerships that
[2:19:54] we considered or are we allowed
To look at partnerships that
Will provide more services in
[2:19:57] to look at partnerships that
Will provide more services in
Our facilities?
[2:19:58] will provide more services in
Our facilities?
Is there an opportunity to
[2:20:00] our facilities?
Is there an opportunity to
Partner with central health?
[2:20:03] is there an opportunity to
Partner with central health?
Is there an opportunity to
[2:20:05] partner with central health?
Is there an opportunity to
Partner with the dell medical
[2:20:08] is there an opportunity to
Partner with the dell medical
Center so that we are so that
[2:20:12] partner with the dell medical
Center so that we are so that
Through creative financing or
[2:20:15] center so that we are so that
Through creative financing or
Through through academic
[2:20:17] through creative financing or
Through through academic
Training processes, is able to
[2:20:19] through through academic
Training processes, is able to
Provide more services,
[2:20:21] training processes, is able to
Provide more services,
Partularly for our elderly
[2:20:23] provide more services,
Partularly for our elderly
Population, population, and keep
[2:20:25] partularly for our elderly
Population, population, and keep
Them in town rather than pushing
[2:20:27] population, population, and keep
Them in town rather than pushing
Them out where maybe they can
[2:20:29] them in town rather than pushing
Them out where maybe they can
Afford it better, but they don‘t
[2:20:30] them out where maybe they can
Afford it better, but they don‘t
Get the services that they need.
[2:20:32] afford it better, but they don‘t
Get the services that they need.
Have we have we considered any
[2:20:37] get the services that they need.
Have we have we considered any
Opportunities to do that, and
[2:20:38] have we have we considered any
Opportunities to do that, and
Are there any, any legal
[2:20:41] opportunities to do that, and
Are there any, any legal
Prohibitions for those types of
[2:20:43] are there any, any legal
Prohibitions for those types of
Partnerships to exist?
[2:20:45] prohibitions for those types of
Partnerships to exist?
>> so there there are no legal
[2:20:48] partnerships to exist?
>> so there there are no legal
Prohibitions for those
[2:20:49] >> so there there are no legal
Prohibitions for those
Partnerships.
[2:20:50] prohibitions for those
Partnerships.
I‘ll I‘ll give you an example.
[2:20:53] partnerships.
I‘ll I‘ll give you an example.
Typically it‘s co-location
[2:20:55] I‘ll I‘ll give you an example.
Typically it‘s co-location
Though, right?
[2:20:56] typically it‘s co-location
Though, right?
You know, what you would have is
[2:20:58] though, right?
You know, what you would have is
A property where whether it is
[2:21:01] you know, what you would have is
A property where whether it is
One building or multiple
[2:21:03] a property where whether it is
One building or multiple
Buildings, the activities of,
[2:21:05] one building or multiple
Buildings, the activities of,
Say, a clinic are leased out to,
[2:21:08] buildings, the activities of,
Say, a clinic are leased out to,
To that other entity terrorists
[2:21:11] say, a clinic are leased out to,
To that other entity terrorists
At oak springs is actually an
[2:21:12] to that other entity terrorists
At oak springs is actually an
Example of that.
[2:21:13] at oak springs is actually an
Example of that.
The while it is sponsored by
[2:21:18] example of that.
The while it is sponsored by
Integral care, at one point they
[2:21:20] the while it is sponsored by
Integral care, at one point they
Talked about having community
[2:21:21] integral care, at one point they
Talked about having community
Care lease that clinic, and I
[2:21:24] talked about having community
Care lease that clinic, and I
Think integral care.
[2:21:25] care lease that clinic, and I
Think integral care.
I believe it is integral care
[2:21:27] think integral care.
I believe it is integral care
Now, but it is treated as a
[2:21:29] I believe it is integral care
Now, but it is treated as a
Separate condo site actually.
[2:21:32] now, but it is treated as a
Separate condo site actually.
So I think we‘re very interested
[2:21:33] separate condo site actually.
So I think we‘re very interested
In that.
[2:21:33] so I think we‘re very interested
In that.
Obviously, we work with
[2:21:35] in that.
Obviously, we work with
Development partners.
[2:21:36] obviously, we work with
Development partners.
And so, you know, it will
[2:21:38] development partners.
And so, you know, it will
Require some careful matching of
[2:21:41] and so, you know, it will
Require some careful matching of
Partners to identify that, you
[2:21:43] require some careful matching of
Partners to identify that, you
Know, we know, for example, that
[2:21:45] partners to identify that, you
Know, we know, for example, that
There‘s a shortage of ems
[2:21:46] know, we know, for example, that
There‘s a shortage of ems
Stations in manner and other
[2:21:49] there‘s a shortage of ems
Stations in manner and other
Parts of the county.
[2:21:51] stations in manner and other
Parts of the county.
And so I think that‘s something
[2:21:53] parts of the county.
And so I think that‘s something
We‘d love to look at over time
[2:21:56] and so I think that‘s something
We‘d love to look at over time
And really think about how we,
[2:21:59] we‘d love to look at over time
And really think about how we,
As a public financing entity can
[2:22:03] and really think about how we,
As a public financing entity can
Catalyze that given our current
[2:22:05] as a public financing entity can
Catalyze that given our current
Tools or whether we might need
[2:22:07] catalyze that given our current
Tools or whether we might need
To be thinking about, you know,
[2:22:10] tools or whether we might need
To be thinking about, you know,
Do we look at us securing the
[2:22:13] to be thinking about, you know,
Do we look at us securing the
Property first and then having
[2:22:16] do we look at us securing the
Property first and then having
An rfp that says, these are the
[2:22:18] property first and then having
An rfp that says, these are the
Kinds of uses we really want to
[2:22:20] an rfp that says, these are the
Kinds of uses we really want to
See here.
[2:22:21] kinds of uses we really want to
See here.
So we have a little more
[2:22:23] see here.
So we have a little more
Influence over.
[2:22:23] so we have a little more
Influence over.
>> what I‘d like to convene a
[2:22:26] influence over.
>> what I‘d like to convene a
Community conversation about
[2:22:27] >> what I‘d like to convene a
Community conversation about
That topic to work with our
[2:22:31] community conversation about
That topic to work with our
Churches, because a lot of them
[2:22:32] that topic to work with our
Churches, because a lot of them
Have sick and shut in.
[2:22:34] churches, because a lot of them
Have sick and shut in.
And what that means is you‘re
[2:22:35] have sick and shut in.
And what that means is you‘re
Too ill to come to church every
[2:22:37] and what that means is you‘re
Too ill to come to church every
Weekend.
[2:22:38] too ill to come to church every
Weekend.
So how do we look at the
[2:22:41] weekend.
So how do we look at the
Institutions and community that
[2:22:44] so how do we look at the
Institutions and community that
That kind of document, who needs
[2:22:46] institutions and community that
That kind of document, who needs
Help and where they are and see
[2:22:48] that kind of document, who needs
Help and where they are and see
Whether there is a a way to
[2:22:50] help and where they are and see
Whether there is a a way to
Build a system to address with
[2:22:53] whether there is a a way to
Build a system to address with
To address those types of
[2:22:55] build a system to address with
To address those types of
Populations.
[2:22:56] to address those types of
Populations.
So I‘d like to work directly.
[2:22:57] populations.
So I‘d like to work directly.
We‘d like to work directly with
[2:22:59] so I‘d like to work directly.
We‘d like to work directly with
You to have that conversation.
[2:23:01] we‘d like to work directly with
You to have that conversation.
>> excellent.
[2:23:01] you to have that conversation.
>> excellent.
Thank you sir.
[2:23:02] >> excellent.
Thank you sir.
All right.
[2:23:06] thank you sir.
All right.
I will quickly talk about our
[2:23:09] all right.
I will quickly talk about our
Second board designated fund,
[2:23:11] I will quickly talk about our
Second board designated fund,
Which is our portfolio fund.
[2:23:12] second board designated fund,
Which is our portfolio fund.
This we created late last year,
[2:23:16] which is our portfolio fund.
This we created late last year,
The portfolio fund currently has
[2:23:18] this we created late last year,
The portfolio fund currently has
A balance of $4.1 million, and
[2:23:21] the portfolio fund currently has
A balance of $4.1 million, and
That is based on our initial
[2:23:23] a balance of $4.1 million, and
That is based on our initial
Target of having $1,000 in this
[2:23:26] that is based on our initial
Target of having $1,000 in this
Fund for every property in our
[2:23:29] target of having $1,000 in this
Fund for every property in our
Operating portfolio.
[2:23:30] fund for every property in our
Operating portfolio.
The idea here is that the fund
[2:23:34] operating portfolio.
The idea here is that the fund
Allows us to plan for capital
[2:23:36] the idea here is that the fund
Allows us to plan for capital
Needs and also to manage the
[2:23:38] allows us to plan for capital
Needs and also to manage the
Risks that are inherent in any
[2:23:40] needs and also to manage the
Risks that are inherent in any
Large portfolio.
[2:23:41] risks that are inherent in any
Large portfolio.
The fund is flexible, but we
[2:23:44] large portfolio.
The fund is flexible, but we
Want to share with you three
[2:23:46] the fund is flexible, but we
Want to share with you three
Uses that we have conceptualized
[2:23:49] want to share with you three
Uses that we have conceptualized
As likely for the resource.
[2:23:52] uses that we have conceptualized
As likely for the resource.
First of all, as tax credit
[2:23:54] as likely for the resource.
First of all, as tax credit
Deals approach their 15 year
[2:23:57] first of all, as tax credit
Deals approach their 15 year
Compliance period, very often
[2:24:00] deals approach their 15 year
Compliance period, very often
The partnerships either give the
[2:24:03] compliance period, very often
The partnerships either give the
Housing finance corporation the
[2:24:04] the partnerships either give the
Housing finance corporation the
Option or sometimes even require
[2:24:07] housing finance corporation the
Option or sometimes even require
Us to buy out the interest of
[2:24:09] option or sometimes even require
Us to buy out the interest of
The investor limited partner.
[2:24:11] us to buy out the interest of
The investor limited partner.
It is.
[2:24:12] the investor limited partner.
It is.
I will just to give you an
[2:24:14] it is.
I will just to give you an
Example, in a couple of
[2:24:15] I will just to give you an
Example, in a couple of
Transactions we‘ve had, this has
[2:24:17] example, in a couple of
Transactions we‘ve had, this has
Been between 750,000 to 1
[2:24:21] transactions we‘ve had, this has
Been between 750,000 to 1
Million, $1.25 million.
[2:24:23] been between 750,000 to 1
Million, $1.25 million.
It does increase our level of
[2:24:27] million, $1.25 million.
It does increase our level of
Influence in the partnership as
[2:24:29] it does increase our level of
Influence in the partnership as
Well as the financial impact for
[2:24:32] influence in the partnership as
Well as the financial impact for
Us.
[2:24:32] well as the financial impact for
Us.
And so we want to be able to do
[2:24:33] us.
And so we want to be able to do
That.
[2:24:34] and so we want to be able to do
That.
But we need to plan for it so
[2:24:36] that.
But we need to plan for it so
That it is not a surprise and
[2:24:38] but we need to plan for it so
That it is not a surprise and
Doesn‘t affect our ongoing
[2:24:40] that it is not a surprise and
Doesn‘t affect our ongoing
Operations.
[2:24:41] doesn‘t affect our ongoing
Operations.
Through this fund, we‘ve been
[2:24:43] operations.
Through this fund, we‘ve been
Able to start planning for
[2:24:46] through this fund, we‘ve been
Able to start planning for
Those.
[2:24:46] able to start planning for
Those.
Second, while the cost of major
[2:24:48] those.
Second, while the cost of major
Repairs or renovation will
[2:24:51] second, while the cost of major
Repairs or renovation will
Typically be financed through
[2:24:52] repairs or renovation will
Typically be financed through
The partnerships and their own
[2:24:54] typically be financed through
The partnerships and their own
Their own sources of financing,
[2:24:56] the partnerships and their own
Their own sources of financing,
We do want to have capital on
[2:24:58] their own sources of financing,
We do want to have capital on
Hand to meet any urgent needs or
[2:25:02] we do want to have capital on
Hand to meet any urgent needs or
Emergencies that arise on our
[2:25:05] hand to meet any urgent needs or
Emergencies that arise on our
Properties, and so this is
[2:25:07] emergencies that arise on our
Properties, and so this is
Particularly important as our
[2:25:10] properties, and so this is
Particularly important as our
Portfolio ages a bit.
[2:25:11] particularly important as our
Portfolio ages a bit.
The graph tells you that about a
[2:25:14] portfolio ages a bit.
The graph tells you that about a
Third of our portfolio is now
[2:25:16] the graph tells you that about a
Third of our portfolio is now
Over ten years old, still a
[2:25:18] third of our portfolio is now
Over ten years old, still a
Relatively young portfolio, but
[2:25:20] over ten years old, still a
Relatively young portfolio, but
They are not all new properties
[2:25:23] relatively young portfolio, but
They are not all new properties
Anymore.
[2:25:23] they are not all new properties
Anymore.
And then finally, as we have
[2:25:26] anymore.
And then finally, as we have
Given close attention to the
[2:25:28] and then finally, as we have
Given close attention to the
Existing portfolio, we have
[2:25:31] given close attention to the
Existing portfolio, we have
Identified some legacy issues
[2:25:33] existing portfolio, we have
Identified some legacy issues
That are resulting in
[2:25:35] identified some legacy issues
That are resulting in
Non-routine legal costs where we
[2:25:37] that are resulting in
Non-routine legal costs where we
Really need to work on righting
[2:25:39] non-routine legal costs where we
Really need to work on righting
The ship on a partnership or
[2:25:41] really need to work on righting
The ship on a partnership or
Two.
[2:25:41] the ship on a partnership or
Two.
And so this fund will help us
[2:25:43] two.
And so this fund will help us
Manage those risks without
[2:25:46] and so this fund will help us
Manage those risks without
Impacting our ongoing
[2:25:47] manage those risks without
Impacting our ongoing
Operations, operational health.
[2:25:49] impacting our ongoing
Operations, operational health.
Cost.
[2:25:52] operations, operational health.
Cost.
All right.
[2:25:53] cost.
All right.
So this brings us then to how
[2:25:55] all right.
So this brings us then to how
We‘re overseeing the operating
[2:25:57] so this brings us then to how
We‘re overseeing the operating
Portfolio day to day.
[2:25:59] we‘re overseeing the operating
Portfolio day to day.
Last year, we briefed the court
[2:26:01] portfolio day to day.
Last year, we briefed the court
On a newly created risk rating
[2:26:03] last year, we briefed the court
On a newly created risk rating
Framework.
[2:26:03] on a newly created risk rating
Framework.
And I want to update you on
[2:26:06] framework.
And I want to update you on
That.
[2:26:06] and I want to update you on
That.
But also note that this is not
[2:26:09] that.
But also note that this is not
Just a tool, but that we do have
[2:26:11] but also note that this is not
Just a tool, but that we do have
A team on this.
[2:26:12] just a tool, but that we do have
A team on this.
We have two full time employees
[2:26:15] a team on this.
We have two full time employees
That are dedicated to monitoring
[2:26:17] we have two full time employees
That are dedicated to monitoring
The portfolio, both in terms of
[2:26:20] that are dedicated to monitoring
The portfolio, both in terms of
Its ongoing health as well as
[2:26:23] the portfolio, both in terms of
Its ongoing health as well as
Compliance with the various
[2:26:25] its ongoing health as well as
Compliance with the various
Regulations that we operate
[2:26:27] compliance with the various
Regulations that we operate
Within.
[2:26:27] regulations that we operate
Within.
So we now have a full cycle of
[2:26:29] within.
So we now have a full cycle of
Data collection under our belts
[2:26:31] so we now have a full cycle of
Data collection under our belts
For our risk rating analysis.
[2:26:33] data collection under our belts
For our risk rating analysis.
Every quarter, we evaluate each
[2:26:36] for our risk rating analysis.
Every quarter, we evaluate each
Property in the portfolio
[2:26:38] every quarter, we evaluate each
Property in the portfolio
Against five categories physical
[2:26:40] property in the portfolio
Against five categories physical
Condition, financial
[2:26:42] against five categories physical
Condition, financial
Performance, occupancy,
[2:26:44] condition, financial
Performance, occupancy,
Partnership and compliance, and
[2:26:45] performance, occupancy,
Partnership and compliance, and
Tenant experience.
[2:26:46] partnership and compliance, and
Tenant experience.
These in turn are based on about
[2:26:50] tenant experience.
These in turn are based on about
17 sub indicators that feed into
[2:26:53] these in turn are based on about
17 sub indicators that feed into
Those, and we generate a score
[2:26:55] 17 sub indicators that feed into
Those, and we generate a score
Of 1 to 5 for each of our
[2:26:58] those, and we generate a score
Of 1 to 5 for each of our
Categories.
[2:26:59] of 1 to 5 for each of our
Categories.
Based on that, our portfolio
[2:27:02] categories.
Based on that, our portfolio
Portfolio manager classifies
[2:27:04] based on that, our portfolio
Portfolio manager classifies
Every property in our portfolio.
[2:27:06] portfolio manager classifies
Every property in our portfolio.
And basically there are three
[2:27:09] every property in our portfolio.
And basically there are three
Categories.
[2:27:09] and basically there are three
Categories.
One is routine monitoring.
[2:27:10] categories.
One is routine monitoring.
Everything is moving along as
[2:27:13] one is routine monitoring.
Everything is moving along as
Expected.
[2:27:13] everything is moving along as
Expected.
Second is watch list and the
[2:27:15] expected.
Second is watch list and the
Third is high priority or
[2:27:18] second is watch list and the
Third is high priority or
Immediate action.
[2:27:19] third is high priority or
Immediate action.
This helps us spot trends early
[2:27:23] immediate action.
This helps us spot trends early
And allows us to work with our
[2:27:24] this helps us spot trends early
And allows us to work with our
Partners to course correct
[2:27:26] and allows us to work with our
Partners to course correct
Before a small issue becomes a
[2:27:28] partners to course correct
Before a small issue becomes a
Crisis for the property or for
[2:27:30] before a small issue becomes a
Crisis for the property or for
Residents.
[2:27:31] crisis for the property or for
Residents.
So the average risk rating on
[2:27:33] residents.
So the average risk rating on
Our properties at the end of
[2:27:35] so the average risk rating on
Our properties at the end of
Last year was 2.3.
[2:27:36] our properties at the end of
Last year was 2.3.
Telling us that, generally
[2:27:39] last year was 2.3.
Telling us that, generally
Speaking, the portfolio had a
[2:27:42] telling us that, generally
Speaking, the portfolio had a
Moderate risk.
[2:27:43] speaking, the portfolio had a
Moderate risk.
Given this average, we did
[2:27:45] moderate risk.
Given this average, we did
Actually see more properties
[2:27:47] given this average, we did
Actually see more properties
Than we might otherwise
[2:27:49] actually see more properties
Than we might otherwise
Anticipate on our watch list or
[2:27:51] than we might otherwise
Anticipate on our watch list or
Our high priority.
[2:27:52] anticipate on our watch list or
Our high priority.
And that was driven,
[2:27:55] our high priority.
And that was driven,
Unsurprisingly, by occupancy
[2:27:57] and that was driven,
Unsurprisingly, by occupancy
Issues really across the
[2:27:59] unsurprisingly, by occupancy
Issues really across the
Portfolio.
[2:27:59] issues really across the
Portfolio.
So the the occupancy numbers
[2:28:02] portfolio.
So the the occupancy numbers
That we‘re seeing in our
[2:28:04] so the the occupancy numbers
That we‘re seeing in our
Portfolio are unusual.
[2:28:06] that we‘re seeing in our
Portfolio are unusual.
Of course, I will just tell you
[2:28:08] portfolio are unusual.
Of course, I will just tell you
That even when I came on board
[2:28:09] of course, I will just tell you
That even when I came on board
In january of 24 and the market
[2:28:13] that even when I came on board
In january of 24 and the market
Had begun to soften a little bit
[2:28:15] in january of 24 and the market
Had begun to soften a little bit
At that point, I think we were
[2:28:16] had begun to soften a little bit
At that point, I think we were
At 93% or so.
[2:28:18] at that point, I think we were
At 93% or so.
So we weigh occupancy fairly
[2:28:21] at 93% or so.
So we weigh occupancy fairly
Heavily in this tool.
[2:28:22] so we weigh occupancy fairly
Heavily in this tool.
And that means a lot of
[2:28:24] heavily in this tool.
And that means a lot of
Properties are rising to this
[2:28:26] and that means a lot of
Properties are rising to this
Watch list level.
[2:28:27] properties are rising to this
Watch list level.
But behind that occupancy issue,
[2:28:30] watch list level.
But behind that occupancy issue,
We do see some of our properties
[2:28:32] but behind that occupancy issue,
We do see some of our properties
Beginning to struggle with aged
[2:28:34] we do see some of our properties
Beginning to struggle with aged
Receivables.
[2:28:35] beginning to struggle with aged
Receivables.
We are seeing a bit less of
[2:28:38] receivables.
We are seeing a bit less of
Eviction, but more tenants who
[2:28:40] we are seeing a bit less of
Eviction, but more tenants who
May be carrying balances.
[2:28:42] eviction, but more tenants who
May be carrying balances.
And that‘s a can be a canary in
[2:28:44] may be carrying balances.
And that‘s a can be a canary in
The coal mine, if you will.
[2:28:45] and that‘s a can be a canary in
The coal mine, if you will.
We are seeing some staffing
[2:28:48] the coal mine, if you will.
We are seeing some staffing
Challenges, and in 1 or 2 cases,
[2:28:51] we are seeing some staffing
Challenges, and in 1 or 2 cases,
Seeing higher than average
[2:28:52] challenges, and in 1 or 2 cases,
Seeing higher than average
Eviction rates.
[2:28:53] seeing higher than average
Eviction rates.
So what then is going?
[2:28:56] eviction rates.
So what then is going?
Well, we will say that our
[2:29:00] so what then is going?
Well, we will say that our
Operating expenses per unit
[2:29:02] well, we will say that our
Operating expenses per unit
Across the portfolio are within
[2:29:04] operating expenses per unit
Across the portfolio are within
Our anticipated range.
[2:29:06] across the portfolio are within
Our anticipated range.
And we‘re pleased to learn that
[2:29:08] our anticipated range.
And we‘re pleased to learn that
Our tenant turnover actually
[2:29:10] and we‘re pleased to learn that
Our tenant turnover actually
Fell from 6% at the end of 20 or
[2:29:13] our tenant turnover actually
Fell from 6% at the end of 20 or
Excuse me, in the early part of
[2:29:16] fell from 6% at the end of 20 or
Excuse me, in the early part of
2025 to 2% by year end.
[2:29:17] excuse me, in the early part of
2025 to 2% by year end.
So we have vacancy issues, but
[2:29:22] 2025 to 2% by year end.
So we have vacancy issues, but
The population that is on site
[2:29:25] so we have vacancy issues, but
The population that is on site
Is actually relatively stable.
[2:29:27] the population that is on site
Is actually relatively stable.
We believe that the occupancy
[2:29:30] is actually relatively stable.
We believe that the occupancy
Decline has has stopped.
[2:29:32] we believe that the occupancy
Decline has has stopped.
Also, while I said that we
[2:29:35] decline has has stopped.
Also, while I said that we
Started, you know, at 94% or so
[2:29:37] also, while I said that we
Started, you know, at 94% or so
At the beginning of 2024, every
[2:29:38] started, you know, at 94% or so
At the beginning of 2024, every
Single month in 2024, we saw
[2:29:41] at the beginning of 2024, every
Single month in 2024, we saw
Occupancy drop last year.
[2:29:43] single month in 2024, we saw
Occupancy drop last year.
And through the beginning of
[2:29:45] occupancy drop last year.
And through the beginning of
This year, we have been almost
[2:29:48] and through the beginning of
This year, we have been almost
Even month over month.
[2:29:50] this year, we have been almost
Even month over month.
So we are hoping then that the
[2:29:52] even month over month.
So we are hoping then that the
Market is finding its floor.
[2:29:53] so we are hoping then that the
Market is finding its floor.
So how do we respond when a
[2:29:57] market is finding its floor.
So how do we respond when a
Property score moves it into 2
[2:29:58] so how do we respond when a
Property score moves it into 2
Or 3, our watch list or our high
[2:30:00] property score moves it into 2
Or 3, our watch list or our high
Priority categories?
[2:30:01] or 3, our watch list or our high
Priority categories?
The goal is really that we
[2:30:04] priority categories?
The goal is really that we
Transition the property back
[2:30:05] the goal is really that we
Transition the property back
Into routine monitoring through
[2:30:08] transition the property back
Into routine monitoring through
A proactive plan to cure
[2:30:09] into routine monitoring through
A proactive plan to cure
Whatever is going on.
[2:30:11] a proactive plan to cure
Whatever is going on.
First of all, we prioritize any
[2:30:14] whatever is going on.
First of all, we prioritize any
Action, that action on anything
[2:30:16] first of all, we prioritize any
Action, that action on anything
That compromises health or
[2:30:17] action, that action on anything
That compromises health or
Safety.
[2:30:18] that compromises health or
Safety.
So if we see something that puts
[2:30:20] safety.
So if we see something that puts
Residents at risk, life safety
[2:30:23] so if we see something that puts
Residents at risk, life safety
System that‘s out of compliance
[2:30:24] residents at risk, life safety
System that‘s out of compliance
Or a pattern of unaddressed
[2:30:26] system that‘s out of compliance
Or a pattern of unaddressed
Maintenance, our staff engage
[2:30:28] or a pattern of unaddressed
Maintenance, our staff engage
With that property directly,
[2:30:30] maintenance, our staff engage
With that property directly,
Immediately and work on it and
[2:30:31] with that property directly,
Immediately and work on it and
Escalate as needed until it‘s
[2:30:34] immediately and work on it and
Escalate as needed until it‘s
Fixed.
[2:30:34] escalate as needed until it‘s
Fixed.
But we also work with property
[2:30:38] fixed.
But we also work with property
Management, just depending on
[2:30:39] but we also work with property
Management, just depending on
What is going on at the
[2:30:41] management, just depending on
What is going on at the
Property.
[2:30:41] what is going on at the
Property.
So for example, when a property
[2:30:43] property.
So for example, when a property
Is struggling with occupancy,
[2:30:47] so for example, when a property
Is struggling with occupancy,
Staff work with the management
[2:30:48] is struggling with occupancy,
Staff work with the management
Company, looking at their
[2:30:49] staff work with the management
Company, looking at their
Leasing process from start to
[2:30:50] company, looking at their
Leasing process from start to
Finish to see whether there are
[2:30:52] leasing process from start to
Finish to see whether there are
Opportunities to improve it, we
[2:30:56] finish to see whether there are
Opportunities to improve it, we
Even, for example, work to
[2:30:59] opportunities to improve it, we
Even, for example, work to
Partner them with nonprofits who
[2:31:00] even, for example, work to
Partner them with nonprofits who
May be placing people into
[2:31:02] partner them with nonprofits who
May be placing people into
Housing, frequent site visits
[2:31:04] may be placing people into
Housing, frequent site visits
Keep us ahead of code
[2:31:06] housing, frequent site visits
Keep us ahead of code
Violations.
[2:31:06] keep us ahead of code
Violations.
We look at the collection
[2:31:09] violations.
We look at the collection
Process and staff walks units to
[2:31:11] we look at the collection
Process and staff walks units to
Confirm occupancy, or to look at
[2:31:13] process and staff walks units to
Confirm occupancy, or to look at
The outcome of evictions.
[2:31:15] confirm occupancy, or to look at
The outcome of evictions.
So these specific interventions
[2:31:18] the outcome of evictions.
So these specific interventions
Are really built on a foundation
[2:31:20] so these specific interventions
Are really built on a foundation
Of ongoing relationship building
[2:31:23] are really built on a foundation
Of ongoing relationship building
At the property level, with
[2:31:25] of ongoing relationship building
At the property level, with
Staff providing technical
[2:31:26] at the property level, with
Staff providing technical
Assistance and supporting the
[2:31:28] staff providing technical
Assistance and supporting the
Operating partner.
[2:31:29] assistance and supporting the
Operating partner.
That is the work in the
[2:31:31] operating partner.
That is the work in the
Background that really delivers
[2:31:32] that is the work in the
Background that really delivers
The results over time.
[2:31:35] background that really delivers
The results over time.
>> so looking forward, so as we
[2:31:40] the results over time.
>> so looking forward, so as we
Close, I wanted to tell you
[2:31:42] >> so looking forward, so as we
Close, I wanted to tell you
Where this organization is
[2:31:43] close, I wanted to tell you
Where this organization is
Headed and why we believe the
[2:31:45] where this organization is
Headed and why we believe the
Foundation we built positions us
[2:31:48] headed and why we believe the
Foundation we built positions us
To deliver more for travis
[2:31:49] foundation we built positions us
To deliver more for travis
County in the year ahead.
[2:31:51] to deliver more for travis
County in the year ahead.
Next slide.
[2:31:54] county in the year ahead.
Next slide.
Thank you.
[2:31:55] next slide.
Thank you.
Diana‘s quote captures how we
[2:31:57] thank you.
Diana‘s quote captures how we
Are thinking about this year.
[2:31:59] diana‘s quote captures how we
Are thinking about this year.
The groundwork we lay will shape
[2:32:01] are thinking about this year.
The groundwork we lay will shape
Affordable housing in this
[2:32:02] the groundwork we lay will shape
Affordable housing in this
County for years to come.
[2:32:03] affordable housing in this
County for years to come.
That lens guides every decision
[2:32:05] county for years to come.
That lens guides every decision
We are making in 2026, and sits
[2:32:07] that lens guides every decision
We are making in 2026, and sits
Behind two clear priorities.
[2:32:08] we are making in 2026, and sits
Behind two clear priorities.
The first is raising the bar for
[2:32:11] behind two clear priorities.
The first is raising the bar for
Travis county.
[2:32:11] the first is raising the bar for
Travis county.
That means leveraging the t‘s of
[2:32:15] travis county.
That means leveraging the t‘s of
Our new tenant affairs
[2:32:16] that means leveraging the t‘s of
Our new tenant affairs
Committee, continuing to convene
[2:32:19] our new tenant affairs
Committee, continuing to convene
Peers around the housing finance
[2:32:21] committee, continuing to convene
Peers around the housing finance
Roundtable, embedding tenant
[2:32:23] peers around the housing finance
Roundtable, embedding tenant
Protections directly into our
[2:32:24] roundtable, embedding tenant
Protections directly into our
Deal terms, and advancing the
[2:32:26] protections directly into our
Deal terms, and advancing the
Policy work we do alongside
[2:32:28] deal terms, and advancing the
Policy work we do alongside
Advocates, academics, and our
[2:32:30] policy work we do alongside
Advocates, academics, and our
Public partners across the
[2:32:31] advocates, academics, and our
Public partners across the
County.
[2:32:32] public partners across the
County.
We intend to set the standard,
[2:32:34] county.
We intend to set the standard,
Not wait for it.
[2:32:35] we intend to set the standard,
Not wait for it.
The second is continuing to
[2:32:38] not wait for it.
The second is continuing to
Build the innovative tools and
[2:32:40] the second is continuing to
Build the innovative tools and
Partnerships that got us here.
[2:32:41] build the innovative tools and
Partnerships that got us here.
In practical terms, that means
[2:32:43] partnerships that got us here.
In practical terms, that means
Deploying our initial housing
[2:32:45] in practical terms, that means
Deploying our initial housing
Production fund into the right
[2:32:47] deploying our initial housing
Production fund into the right
Projects with the right
[2:32:49] production fund into the right
Projects with the right
Partners, and continuing to
[2:32:50] projects with the right
Partners, and continuing to
Explore ways to build on the
[2:32:52] partners, and continuing to
Explore ways to build on the
Public worker pilot program so
[2:32:54] explore ways to build on the
Public worker pilot program so
That the people who serve this
[2:32:55] public worker pilot program so
That the people who serve this
Community can afford to live in
[2:32:56] that the people who serve this
Community can afford to live in
It.
[2:32:58] community can afford to live in
It.
We‘re not just weathering a soft
[2:33:01] it.
We‘re not just weathering a soft
Market.
[2:33:01] we‘re not just weathering a soft
Market.
We‘re continuing.
[2:33:02] market.
We‘re continuing.
We‘re using it to continue
[2:33:04] we‘re continuing.
We‘re using it to continue
Sharpening our tools, attract
[2:33:06] we‘re using it to continue
Sharpening our tools, attract
Mission aligned partners who
[2:33:07] sharpening our tools, attract
Mission aligned partners who
Genuinely care about the people
[2:33:08] mission aligned partners who
Genuinely care about the people
Who call their buildings home,
[2:33:11] genuinely care about the people
Who call their buildings home,
And set a higher standard for
[2:33:12] who call their buildings home,
And set a higher standard for
What a public entity can do for
[2:33:14] and set a higher standard for
What a public entity can do for
Travis county.
[2:33:15] what a public entity can do for
Travis county.
We‘re grateful for this court.
[2:33:17] travis county.
We‘re grateful for this court.
It‘s partnership, and we are
[2:33:18] we‘re grateful for this court.
It‘s partnership, and we are
Proud of what we‘re building
[2:33:20] it‘s partnership, and we are
Proud of what we‘re building
Together.
[2:33:20] proud of what we‘re building
Together.
October 20th is our next chance
[2:33:22] together.
October 20th is our next chance
To come and show you, and we
[2:33:23] october 20th is our next chance
To come and show you, and we
Intend to make it count.
[2:33:25] to come and show you, and we
Intend to make it count.
Now, diana will close us out.
[2:33:26] intend to make it count.
Now, diana will close us out.
>> again.
[2:33:28] now, diana will close us out.
>> again.
Thank you so much for having us
[2:33:30] >> again.
Thank you so much for having us
Here today.
[2:33:31] thank you so much for having us
Here today.
I failed to mention that we have
[2:33:33] here today.
I failed to mention that we have
Provided our 2025 annual report.
[2:33:35] I failed to mention that we have
Provided our 2025 annual report.
Today is your day for high, you
[2:33:38] provided our 2025 annual report.
Today is your day for high, you
Know, well produced reports.
[2:33:40] today is your day for high, you
Know, well produced reports.
I see.
[2:33:42] know, well produced reports.
I see.
So we are here with board and
[2:33:45] I see.
So we are here with board and
Staff to answer any questions.
[2:33:46] so we are here with board and
Staff to answer any questions.
You have.
[2:33:47] staff to answer any questions.
You have.
>> any questions?
[2:33:48] you have.
>> any questions?
>> court just a quick one.
[2:33:50] >> any questions?
>> court just a quick one.
Congrats on the 4410 units.
[2:33:57] >> court just a quick one.
Congrats on the 4410 units.
You know this continues to be
[2:33:58] congrats on the 4410 units.
You know this continues to be
Kind of a drumbeat that we need
[2:33:59] you know this continues to be
Kind of a drumbeat that we need
More affordable housing.
[2:34:01] kind of a drumbeat that we need
More affordable housing.
We‘ve been trying to put
[2:34:03] more affordable housing.
We‘ve been trying to put
Together a tally, both including
[2:34:05] we‘ve been trying to put
Together a tally, both including
Our, our, our travis county hfc
[2:34:11] together a tally, both including
Our, our, our travis county hfc
And the units we‘ve produced,
[2:34:12] our, our, our travis county hfc
And the units we‘ve produced,
And then figuring out what the
[2:34:14] and the units we‘ve produced,
And then figuring out what the
Right numbers are for both hats
[2:34:16] and then figuring out what the
Right numbers are for both hats
And shc.
[2:34:17] right numbers are for both hats
And shc.
Would it be correct to probably
[2:34:24] and shc.
Would it be correct to probably
Subtract some of the vouchers
[2:34:26] would it be correct to probably
Subtract some of the vouchers
From that total number?
[2:34:27] subtract some of the vouchers
From that total number?
We heard from hansi that they
[2:34:29] from that total number?
We heard from hansi that they
Have 691 vouchers and maybe a
[2:34:33] we heard from hansi that they
Have 691 vouchers and maybe a
Total of 740 vouchers.
[2:34:35] have 691 vouchers and maybe a
Total of 740 vouchers.
Is it likely that many of those
[2:34:38] total of 740 vouchers.
Is it likely that many of those
Vouchers are being used in your
[2:34:41] is it likely that many of those
Vouchers are being used in your
Units?
[2:34:41] vouchers are being used in your
Units?
So so they shouldn‘t be added
[2:34:43] units?
So so they shouldn‘t be added
Together.
[2:34:43] so so they shouldn‘t be added
Together.
We should.
[2:34:44] together.
We should.
>> I think that‘s a great point.
[2:34:45] we should.
>> I think that‘s a great point.
So I will tell you that 1 in 5
[2:34:49] >> I think that‘s a great point.
So I will tell you that 1 in 5
Of our tenants uses a voucher
[2:34:51] so I will tell you that 1 in 5
Of our tenants uses a voucher
That could be a hatzi voucher,
[2:34:53] of our tenants uses a voucher
That could be a hatzi voucher,
Or it could be a voucher or
[2:34:56] that could be a hatzi voucher,
Or it could be a voucher or
Sometimes other continuum of
[2:34:58] or it could be a voucher or
Sometimes other continuum of
Care.
[2:34:58] sometimes other continuum of
Care.
So I think there is potential
[2:35:00] care.
So I think there is potential
For duplication there.
[2:35:01] so I think there is potential
For duplication there.
I think we‘d want to talk about
[2:35:04] for duplication there.
I think we‘d want to talk about
Or maybe even we just maybe
[2:35:06] I think we‘d want to talk about
Or maybe even we just maybe
Don‘t count it as a unit, but we
[2:35:08] or maybe even we just maybe
Don‘t count it as a unit, but we
Understand that we have a pool
[2:35:10] don‘t count it as a unit, but we
Understand that we have a pool
Of vouchers.
[2:35:11] understand that we have a pool
Of vouchers.
We have a pool of affordable
[2:35:13] of vouchers.
We have a pool of affordable
Units, and then kind of
[2:35:14] we have a pool of affordable
Units, and then kind of
Understanding how much they
[2:35:15] units, and then kind of
Understanding how much they
Might overlap.
[2:35:18] understanding how much they
Might overlap.
I, I, I would hesitate to tell
[2:35:20] might overlap.
I, I, I would hesitate to tell
You what the number would be to
[2:35:21] I, I, I would hesitate to tell
You what the number would be to
Subtract just to be safe.
[2:35:22] you what the number would be to
Subtract just to be safe.
>> that we probably shouldn‘t
[2:35:23] subtract just to be safe.
>> that we probably shouldn‘t
Add the number of vouchers.
[2:35:25] >> that we probably shouldn‘t
Add the number of vouchers.
It‘s a payment for the unit.
[2:35:27] add the number of vouchers.
It‘s a payment for the unit.
Yeah.
[2:35:28] it‘s a payment for the unit.
Yeah.
But what we‘re trying to get to
[2:35:29] yeah.
But what we‘re trying to get to
Is what, what‘s a reasonable
[2:35:31] but what we‘re trying to get to
Is what, what‘s a reasonable
Number of affordable units that
[2:35:33] is what, what‘s a reasonable
Number of affordable units that
We are collectively creating.
[2:35:34] number of affordable units that
We are collectively creating.
Okay.
[2:35:35] we are collectively creating.
Okay.
Thank you.
[2:35:36] okay.
Thank you.
But but great work.
[2:35:37] thank you.
But but great work.
I‘m really impressed with, with
[2:35:38] but but great work.
I‘m really impressed with, with
All the work that you‘ve done,
[2:35:39] I‘m really impressed with, with
All the work that you‘ve done,
Especially the work you‘ve done
[2:35:40] all the work that you‘ve done,
Especially the work you‘ve done
With the rosemont residents.
[2:35:41] especially the work you‘ve done
With the rosemont residents.
>> thank you.
[2:35:42] with the rosemont residents.
>> thank you.
>> other questions?
[2:35:44] >> thank you.
>> other questions?
No.
[2:35:45] >> other questions?
No.
>> I just wanted tohank julio
[2:35:48] no.
>> I just wanted tohank julio
For your vision, your
[2:35:52] >> I just wanted tohank julio
For your vision, your
Dedication, all the words you
[2:35:57] for your vision, your
Dedication, all the words you
You hit us like a storm of
[2:36:01] dedication, all the words you
You hit us like a storm of
Expectation.
[2:36:02] you hit us like a storm of
Expectation.
And you have delivered for your
[2:36:05] expectation.
And you have delivered for your
Community.
[2:36:05] and you have delivered for your
Community.
And I just want to recognize
[2:36:07] community.
And I just want to recognize
That.
[2:36:07] and I just want to recognize
That.
And thank you for your volunteer
[2:36:10] that.
And thank you for your volunteer
Leadership.
[2:36:11] and thank you for your volunteer
Leadership.
>> here.
[2:36:12] leadership.
>> here.
Here.
[2:36:12] >> here.
Here.
Yeah.
[2:36:12] here.
Yeah.
Thank you.
[2:36:13] yeah.
Thank you.
And thank you all.
[2:36:14] thank you.
And thank you all.
>> ann howard.
[2:36:14] and thank you all.
>> ann howard.
As you may know, this is my
[2:36:16] >> ann howard.
As you may know, this is my
Penultimate meeting.
[2:36:17] as you may know, this is my
Penultimate meeting.
Earlier this.
[2:36:19] penultimate meeting.
Earlier this.
Morning.
[2:36:19] earlier this.
Morning.
As I was driving my with you
[2:36:21] morning.
As I was driving my with you
All, with you all, unless
[2:36:24] as I was driving my with you
All, with you all, unless
Something bad.
[2:36:24] all, with you all, unless
Something bad.
[laughter]
[2:36:25] something bad.
[laughter]
Happens which will not.
[2:36:25] [laughter]
Happens which will not.
As I was driving my soon to be
[2:36:29] happens which will not.
As I was driving my soon to be
Eight year old to school, I said
[2:36:32] as I was driving my soon to be
Eight year old to school, I said
Early today is my penultimate
[2:36:35] eight year old to school, I said
Early today is my penultimate
Meeting, which means the next to
[2:36:37] early today is my penultimate
Meeting, which means the next to
Last one.
[2:36:37] meeting, which means the next to
Last one.
That‘s your.
[2:36:38] last one.
That‘s your.
[laughter]
[2:36:39] that‘s your.
[laughter]
Word of the day for this.
[2:36:40] [laughter]
Word of the day for this.
For this thing that I do, which
[2:36:43] word of the day for this.
For this thing that I do, which
We‘ve talked about many times.
[2:36:44] for this thing that I do, which
We‘ve talked about many times.
You know, I, I help our elected
[2:36:47] we‘ve talked about many times.
You know, I, I help our elected
Officials build housing for
[2:36:48] you know, I, I help our elected
Officials build housing for
People that need it.
[2:36:49] officials build housing for
People that need it.
And his question, which was the
[2:36:52] people that need it.
And his question, which was the
First time he‘s ever asked is
[2:36:54] and his question, which was the
First time he‘s ever asked is
Like, why do you do it?
[2:36:56] first time he‘s ever asked is
Like, why do you do it?
And I said, well, because I care
[2:36:59] like, why do you do it?
And I said, well, because I care
A lot about our neighbors.
[2:37:02] and I said, well, because I care
A lot about our neighbors.
And I really appreciate that
[2:37:05] a lot about our neighbors.
And I really appreciate that
Here in my final year of
[2:37:06] and I really appreciate that
Here in my final year of
Serving, you, hopefully with
[2:37:09] here in my final year of
Serving, you, hopefully with
Fidelity, a word that
[2:37:11] serving, you, hopefully with
Fidelity, a word that
Commissioner shea asked us when
[2:37:12] fidelity, a word that
Commissioner shea asked us when
You interviewed us, that you are
[2:37:15] commissioner shea asked us when
You interviewed us, that you are
Happy with the results.
[2:37:16] you interviewed us, that you are
Happy with the results.
And I would say to you, I really
[2:37:20] happy with the results.
And I would say to you, I really
Appreciate the patience that
[2:37:22] and I would say to you, I really
Appreciate the patience that
You‘ve given us in the space
[2:37:24] appreciate the patience that
You‘ve given us in the space
You‘ve given us to do the right
[2:37:26] you‘ve given us in the space
You‘ve given us to do the right
Thing.
[2:37:26] you‘ve given us to do the right
Thing.
I think we‘ve built you a
[2:37:28] thing.
I think we‘ve built you a
Platform to keep doing great
[2:37:31] I think we‘ve built you a
Platform to keep doing great
Things.
[2:37:31] platform to keep doing great
Things.
I think that when I look at
[2:37:35] things.
I think that when I look at
People like president huddleston
[2:37:37] I think that when I look at
People like president huddleston
And director groves, and of
[2:37:39] people like president huddleston
And director groves, and of
Course, our wonderful executive
[2:37:41] and director groves, and of
Course, our wonderful executive
Director, I‘m very optimistic
[2:37:43] course, our wonderful executive
Director, I‘m very optimistic
About what you will be able to
[2:37:44] director, I‘m very optimistic
About what you will be able to
Do together, regardless of, you
[2:37:48] about what you will be able to
Do together, regardless of, you
Know, 1 or 1 board member or one
[2:37:50] do together, regardless of, you
Know, 1 or 1 board member or one
Staff member.
[2:37:51] know, 1 or 1 board member or one
Staff member.
There‘s a engine of excellence
[2:37:54] staff member.
There‘s a engine of excellence
That has been created, and I
[2:37:55] there‘s a engine of excellence
That has been created, and I
Hope that you and whomever in
[2:37:58] that has been created, and I
Hope that you and whomever in
The future follows you, will
[2:38:00] hope that you and whomever in
The future follows you, will
Take it to the heights it can
[2:38:04] the future follows you, will
Take it to the heights it can
Achieve.
[2:38:04] take it to the heights it can
Achieve.
Because even when the momentary
[2:38:08] achieve.
Because even when the momentary
Conditions say things are good,
[2:38:10] because even when the momentary
Conditions say things are good,
If you are not vigilant, if
[2:38:12] conditions say things are good,
If you are not vigilant, if
You‘re not adjust to the market,
[2:38:13] if you are not vigilant, if
You‘re not adjust to the market,
If you‘re not, take care of your
[2:38:15] you‘re not adjust to the market,
If you‘re not, take care of your
Assets.
[2:38:15] if you‘re not, take care of your
Assets.
If you do not wake up every day
[2:38:17] assets.
If you do not wake up every day
Trying to serve your neighbors,
[2:38:18] if you do not wake up every day
Trying to serve your neighbors,
It‘s very easy for things to
[2:38:20] trying to serve your neighbors,
It‘s very easy for things to
Fall into disrepair.
[2:38:21] it‘s very easy for things to
Fall into disrepair.
So I will just say thank you.
[2:38:23] fall into disrepair.
So I will just say thank you.
This has been a great
[2:38:26] so I will just say thank you.
This has been a great
Opportunity to serve my
[2:38:27] this has been a great
Opportunity to serve my
Community.
[2:38:28] opportunity to serve my
Community.
I‘ve appreciated the engagement
[2:38:32] community.
I‘ve appreciated the engagement
You have afforded me and the
[2:38:34] I‘ve appreciated the engagement
You have afforded me and the
Trust that you‘ve given this
[2:38:35] you have afforded me and the
Trust that you‘ve given this
Public enterprise that belongs
[2:38:37] trust that you‘ve given this
Public enterprise that belongs
To the public and that you
[2:38:40] public enterprise that belongs
To the public and that you
Ultimately helped lead and
[2:38:41] to the public and that you
Ultimately helped lead and
Shape.
[2:38:41] ultimately helped lead and
Shape.
Thank you for those kind
[2:38:42] shape.
Thank you for those kind
Remarks.
[2:38:43] thank you for those kind
Remarks.
>> thank you.
[2:38:43] remarks.
>> thank you.
>> yeah.
[2:38:44] >> thank you.
>> yeah.
Thank you for your.
[2:38:44] >> yeah.
Thank you for your.
>> service.
[2:38:45] thank you for your.
>> service.
>> all of you.
[2:38:46] >> service.
>> all of you.
>> all right.
[2:38:47] >> all of you.
>> all right.
Thanks so much.
[2:38:48] >> all right.
Thanks so much.
>> thank you, thank you.
[2:38:50] thanks so much.
>> thank you, thank you.
>> from the peanut gallery over.
[2:38:54] >> thank you, thank you.
>> from the peanut gallery over.
>> there.
[2:38:54] >> from the peanut gallery over.
>> there.
>> the next item is receive an
[2:38:59] >> there.
>> the next item is receive an
Update on the status of the home
[2:39:01] >> the next item is receive an
Update on the status of the home
Investment partnership program.
[2:39:04] update on the status of the home
Investment partnership program.
>> and I just have to say, for
[2:39:06] investment partnership program.
>> and I just have to say, for
The record, I think this is a
[2:39:08] >> and I just have to say, for
The record, I think this is a
Fabulous summary, this work
[2:39:10] the record, I think this is a
Fabulous summary, this work
Session of all of the incredible
[2:39:12] fabulous summary, this work
Session of all of the incredible
Social services and supports and
[2:39:14] session of all of the incredible
Social services and supports and
Assistance that we‘re providing
[2:39:16] social services and supports and
Assistance that we‘re providing
To the community, both on health
[2:39:18] assistance that we‘re providing
To the community, both on health
Care and on housing, which are
[2:39:19] to the community, both on health
Care and on housing, which are
Really two enormous needs in the
[2:39:21] care and on housing, which are
Really two enormous needs in the
Community.
[2:39:23] really two enormous needs in the
Community.
>> good afternoon everyone.
[2:39:46] community.
>> good afternoon everyone.
>> afternoon.
[2:39:48] >> good afternoon everyone.
>> afternoon.
>> I know it‘s been a long day,
[2:39:50] >> afternoon.
>> I know it‘s been a long day,
So we will do our very best to
[2:39:53] >> I know it‘s been a long day,
So we will do our very best to
Keep to our time.
[2:39:54] so we will do our very best to
Keep to our time.
About 30 minutes.
[2:39:56] keep to our time.
About 30 minutes.
I‘m monique cole.
[2:39:57] about 30 minutes.
I‘m monique cole.
Yeah.
[2:39:58] I‘m monique cole.
Yeah.
[laughter]
[2:39:58] yeah.
[laughter]
Please stretch.
[2:39:58] [laughter]
Please stretch.
You need to stand up.
[2:40:01] please stretch.
You need to stand up.
>> that‘s a good idea.
[2:40:02] you need to stand up.
>> that‘s a good idea.
>> you need to stand up for a
[2:40:04] >> that‘s a good idea.
>> you need to stand up for a
Moment.
[2:40:04] >> you need to stand up for a
Moment.
I‘m monique coleman, the
[2:40:07] moment.
I‘m monique coleman, the
Supportive housing division
[2:40:09] I‘m monique coleman, the
Supportive housing division
Director in hhs.
[2:40:10] supportive housing division
Director in hhs.
And it‘s my pleasure to present
[2:40:15] director in hhs.
And it‘s my pleasure to present
The home investment partnership
[2:40:17] and it‘s my pleasure to present
The home investment partnership
Program that we are working to
[2:40:18] the home investment partnership
Program that we are working to
Launch for travis county.
[2:40:20] program that we are working to
Launch for travis county.
It is a new hud funding source
[2:40:23] launch for travis county.
It is a new hud funding source
For the county.
[2:40:24] it is a new hud funding source
For the county.
I‘m excited to have with us
[2:40:26] for the county.
I‘m excited to have with us
Today representatives from
[2:40:29] I‘m excited to have with us
Today representatives from
Framework cdc, joyce mcdonald
[2:40:31] today representatives from
Framework cdc, joyce mcdonald
And patricia barrera.
[2:40:32] framework cdc, joyce mcdonald
And patricia barrera.
And I‘m also thrilled that we
[2:40:34] and patricia barrera.
And I‘m also thrilled that we
Have with us, brenda, from the
[2:40:38] and I‘m also thrilled that we
Have with us, brenda, from the
Hats program.
[2:40:39] have with us, brenda, from the
Hats program.
She is the resident services
[2:40:42] hats program.
She is the resident services
Director for the family
[2:40:45] she is the resident services
Director for the family
Self-sufficiency program.
[2:40:46] director for the family
Self-sufficiency program.
And then, of course, to my left
[2:40:47] self-sufficiency program.
And then, of course, to my left
Is jane don.
[2:40:48] and then, of course, to my left
Is jane don.
She is our cdbg planning
[2:40:50] is jane don.
She is our cdbg planning
Manager.
[2:40:50] she is our cdbg planning
Manager.
So we will kick off our
[2:40:52] manager.
So we will kick off our
Presentation at this time.
[2:40:54] so we will kick off our
Presentation at this time.
>> thank you.
[2:40:54] presentation at this time.
>> thank you.
Monique.
[2:40:54] >> thank you.
Monique.
Good afternoon commissioner.
[2:40:59] monique.
Good afternoon commissioner.
>> might pull the microphone a
[2:41:01] good afternoon commissioner.
>> might pull the microphone a
Little closer.
[2:41:01] >> might pull the microphone a
Little closer.
We can‘t hear you.
[2:41:02] little closer.
We can‘t hear you.
>> is this.
[2:41:03] we can‘t hear you.
>> is this.
[laughter]
[2:41:04] >> is this.
[laughter]
Better?
[2:41:04] [laughter]
Better?
Okay.
[2:41:06] better?
Okay.
All right.
[2:41:06] okay.
All right.
So I will briefly walk through
[2:41:08] all right.
So I will briefly walk through
The program background.
[2:41:09] so I will briefly walk through
The program background.
The home investment partnership
[2:41:13] the program background.
The home investment partnership
Program, or home, is the federal
[2:41:17] the home investment partnership
Program, or home, is the federal
Program that helps support
[2:41:19] program, or home, is the federal
Program that helps support
Affordable housing through the
[2:41:20] program that helps support
Affordable housing through the
Public private partnership.
[2:41:21] affordable housing through the
Public private partnership.
As a background, cdbg travis
[2:41:24] public private partnership.
As a background, cdbg travis
County became the cdbg
[2:41:26] as a background, cdbg travis
County became the cdbg
Entitlement urban county in
[2:41:29] county became the cdbg
Entitlement urban county in
2006, and we became the home
[2:41:31] entitlement urban county in
2006, and we became the home
Participating jurisdictional pj
[2:41:33] 2006, and we became the home
Participating jurisdictional pj
In 2024.
[2:41:35] participating jurisdictional pj
In 2024.
As we specified in our program
[2:41:37] in 2024.
As we specified in our program
Year 2024 to 2028 consolidated
[2:41:42] as we specified in our program
Year 2024 to 2028 consolidated
Plan that the home priorities
[2:41:44] year 2024 to 2028 consolidated
Plan that the home priorities
Focus on two priorities the home
[2:41:46] plan that the home priorities
Focus on two priorities the home
Ownership assistance through the
[2:41:49] focus on two priorities the home
Ownership assistance through the
Down payment assistance program
[2:41:51] ownership assistance through the
Down payment assistance program
And the affordable housing
[2:41:53] down payment assistance program
And the affordable housing
Through the affordable single
[2:41:54] and the affordable housing
Through the affordable single
Family housing development.
[2:41:56] through the affordable single
Family housing development.
This table shows the funding
[2:41:59] family housing development.
This table shows the funding
Allocation breakdown.
[2:42:00] this table shows the funding
Allocation breakdown.
Have the allocation amount from
[2:42:03] allocation breakdown.
Have the allocation amount from
Program year 2024 to 2026.
[2:42:06] have the allocation amount from
Program year 2024 to 2026.
We have 10% admin set aside,
[2:42:10] program year 2024 to 2026.
We have 10% admin set aside,
15%, set aside this home fund
[2:42:14] we have 10% admin set aside,
15%, set aside this home fund
Required 25% nonfederal match
[2:42:17] 15%, set aside this home fund
Required 25% nonfederal match
And travis county‘s partnership
[2:42:19] required 25% nonfederal match
And travis county‘s partnership
With housing authorities of
[2:42:21] and travis county‘s partnership
With housing authorities of
Travis county and travis county
[2:42:24] with housing authorities of
Travis county and travis county
Facility corporation to provide
[2:42:27] travis county and travis county
Facility corporation to provide
This match program.
[2:42:29] facility corporation to provide
This match program.
Year 24 and 25 match funding
[2:42:33] this match program.
Year 24 and 25 match funding
Agreement were executed, and we
[2:42:35] year 24 and 25 match funding
Agreement were executed, and we
Are anticipating execute the py
[2:42:39] agreement were executed, and we
Are anticipating execute the py
26 matching funding agreement
[2:42:41] are anticipating execute the py
26 matching funding agreement
Following the approval of our
[2:42:43] 26 matching funding agreement
Following the approval of our
Program year 26 action plan.
[2:42:46] following the approval of our
Program year 26 action plan.
This slide shows the progress to
[2:42:49] program year 26 action plan.
This slide shows the progress to
Date since we became the pj,
[2:42:53] this slide shows the progress to
Date since we became the pj,
Cdbg has been working closely
[2:42:55] date since we became the pj,
Cdbg has been working closely
With the travis county attorney
[2:42:57] cdbg has been working closely
With the travis county attorney
Office.
[2:42:57] with the travis county attorney
Office.
The auditor‘s office, patsy and
[2:43:02] office.
The auditor‘s office, patsy and
Framework cdc to estuaries
[2:43:04] the auditor‘s office, patsy and
Framework cdc to estuaries
Program guidelines and in.
[2:43:08] framework cdc to estuaries
Program guidelines and in.
Require implementation
[2:43:13] program guidelines and in.
Require implementation
Documents.
[2:43:13] require implementation
Documents.
Back in 2025, we have a meeting
[2:43:17] documents.
Back in 2025, we have a meeting
With patsy, board member to
[2:43:19] back in 2025, we have a meeting
With patsy, board member to
Discuss lowering the income
[2:43:21] with patsy, board member to
Discuss lowering the income
Limit from 60% to 50% lmi.
[2:43:24] discuss lowering the income
Limit from 60% to 50% lmi.
And this is better aligned with
[2:43:25] limit from 60% to 50% lmi.
And this is better aligned with
The affordability need.
[2:43:27] and this is better aligned with
The affordability need.
Following that, we discussed
[2:43:29] the affordability need.
Following that, we discussed
With hud.
[2:43:29] following that, we discussed
With hud.
And right now, the home dpa
[2:43:31] with hud.
And right now, the home dpa
Program limit was lowered to the
[2:43:33] and right now, the home dpa
Program limit was lowered to the
50% ami.
[2:43:35] program limit was lowered to the
50% ami.
At this time, I would say that
[2:43:38] 50% ami.
At this time, I would say that
Much of the program policies and
[2:43:44] at this time, I would say that
Much of the program policies and
The program is already underway
[2:43:49] much of the program policies and
The program is already underway
Or substantially completed, and
[2:43:53] the program is already underway
Or substantially completed, and
We are very excited that we
[2:43:55] or substantially completed, and
We are very excited that we
Think that we‘re going to
[2:43:56] we are very excited that we
Think that we‘re going to
Implement this program in a few
[2:43:57] think that we‘re going to
Implement this program in a few
Months.
[2:43:58] implement this program in a few
Months.
I would like to this slide also
[2:44:01] months.
I would like to this slide also
Show.
[2:44:03] I would like to this slide also
Show.
>> excuse me, the 50%.
[2:44:05] show.
>> excuse me, the 50%.
Lmi is that the the minimum, the
[2:44:11] >> excuse me, the 50%.
Lmi is that the the minimum, the
Maximum you have, you can have
[2:44:13] lmi is that the the minimum, the
Maximum you have, you can have
To participate in the program.
[2:44:15] maximum you have, you can have
To participate in the program.
>> yes.
[2:44:15] to participate in the program.
>> yes.
No, ma‘am.
[2:44:16] >> yes.
No, ma‘am.
That‘s the that‘s the minimum.
[2:44:17] no, ma‘am.
That‘s the that‘s the minimum.
So it‘s 50 to 80% ami okay.
[2:44:21] that‘s the that‘s the minimum.
So it‘s 50 to 80% ami okay.
>> you have to fall between 50
[2:44:24] so it‘s 50 to 80% ami okay.
>> you have to fall between 50
And 80%.
[2:44:25] >> you have to fall between 50
And 80%.
>> that is correct.
[2:44:25] and 80%.
>> that is correct.
>> correct.
[2:44:25] >> that is correct.
>> correct.
Lmi to participate in this
[2:44:27] >> correct.
Lmi to participate in this
Program.
[2:44:28] lmi to participate in this
Program.
>> that‘s correct.
[2:44:28] program.
>> that‘s correct.
>> and just transition into this
[2:44:31] >> that‘s correct.
>> and just transition into this
Slide perfectly, because this is
[2:44:32] >> and just transition into this
Slide perfectly, because this is
What we have on our website.
[2:44:34] slide perfectly, because this is
What we have on our website.
Is the current home income limit
[2:44:37] what we have on our website.
Is the current home income limit
That we use for the down payment
[2:44:40] is the current home income limit
That we use for the down payment
Assistance program.
[2:44:41] that we use for the down payment
Assistance program.
The 50% is in the middle.
[2:44:43] assistance program.
The 50% is in the middle.
And of course, 80% is on the
[2:44:45] the 50% is in the middle.
And of course, 80% is on the
Right side.
[2:44:47] and of course, 80% is on the
Right side.
From this, I would like to
[2:44:49] right side.
From this, I would like to
Transition back to monique‘s to
[2:44:51] from this, I would like to
Transition back to monique‘s to
Walk through the home regulation
[2:44:52] transition back to monique‘s to
Walk through the home regulation
And requirement.
[2:44:53] walk through the home regulation
And requirement.
>> thank you.
[2:44:55] and requirement.
>> thank you.
Ying.
[2:44:57] >> thank you.
Ying.
So a little bit about the
[2:44:58] ying.
So a little bit about the
Regulations.
[2:44:59] so a little bit about the
Regulations.
If you would advance the slide
[2:45:01] regulations.
If you would advance the slide
For me, please.
[2:45:01] if you would advance the slide
For me, please.
Thank you.
[2:45:02] for me, please.
Thank you.
The home program is mandated by
[2:45:07] thank you.
The home program is mandated by
24 cfr part 92.
[2:45:09] the home program is mandated by
24 cfr part 92.
We did see some home rule
[2:45:12] 24 cfr part 92.
We did see some home rule
Changes in 2025.
[2:45:13] we did see some home rule
Changes in 2025.
So we became a home pj or
[2:45:16] changes in 2025.
So we became a home pj or
Participating jurisdiction in
[2:45:18] so we became a home pj or
Participating jurisdiction in
2024 2025.
[2:45:19] participating jurisdiction in
2024 2025.
Hud made a bunch of changes.
[2:45:21] 2024 2025.
Hud made a bunch of changes.
I‘ve listed some of those
[2:45:24] hud made a bunch of changes.
I‘ve listed some of those
Highlights on the slide.
[2:45:24] I‘ve listed some of those
Highlights on the slide.
This is not all encompassing,
[2:45:27] highlights on the slide.
This is not all encompassing,
But they revised or increased
[2:45:28] this is not all encompassing,
But they revised or increased
The affordability limits, which
[2:45:30] but they revised or increased
The affordability limits, which
I will show you here.
[2:45:32] the affordability limits, which
I will show you here.
Throughout the presentation,
[2:45:33] I will show you here.
Throughout the presentation,
They expanded access to chodos
[2:45:35] throughout the presentation,
They expanded access to chodos
Or community housing development
[2:45:37] they expanded access to chodos
Or community housing development
Organizations, set aside funds
[2:45:38] or community housing development
Organizations, set aside funds
By neighborhood based nonprofit
[2:45:40] organizations, set aside funds
By neighborhood based nonprofit
Organizations, which is great.
[2:45:41] by neighborhood based nonprofit
Organizations, which is great.
An example of a chodo could be
[2:45:43] organizations, which is great.
An example of a chodo could be
Like a habitat for humanity.
[2:45:44] an example of a chodo could be
Like a habitat for humanity.
For example, building affordable
[2:45:46] like a habitat for humanity.
For example, building affordable
Housing, they clarified
[2:45:47] for example, building affordable
Housing, they clarified
Homeownership requirements to
[2:45:48] housing, they clarified
Homeownership requirements to
Improve compliance and improve
[2:45:50] homeownership requirements to
Improve compliance and improve
Program outcomes for home buyers
[2:45:52] improve compliance and improve
Program outcomes for home buyers
And implement new provisions for
[2:45:54] program outcomes for home buyers
And implement new provisions for
Community land trusts to
[2:45:56] and implement new provisions for
Community land trusts to
Exercise a preemptive purchase
[2:45:58] community land trusts to
Exercise a preemptive purchase
Rights.
[2:45:58] exercise a preemptive purchase
Rights.
We do have a community land
[2:46:00] rights.
We do have a community land
Trust or clt in this community.
[2:46:01] we do have a community land
Trust or clt in this community.
It is within the city of austin.
[2:46:03] trust or clt in this community.
It is within the city of austin.
It‘s not in our boundary, but
[2:46:04] it is within the city of austin.
It‘s not in our boundary, but
Joyce has worked with the city
[2:46:06] it‘s not in our boundary, but
Joyce has worked with the city
Of austin on the clt.
[2:46:08] joyce has worked with the city
Of austin on the clt.
So I‘m really excited to have
[2:46:10] of austin on the clt.
So I‘m really excited to have
Joyce as a partner.
[2:46:11] so I‘m really excited to have
Joyce as a partner.
Due to her extensive expertise.
[2:46:13] joyce as a partner.
Due to her extensive expertise.
Another change was to make home
[2:46:16] due to her extensive expertise.
Another change was to make home
Tbra work better for vulnerable
[2:46:19] another change was to make home
Tbra work better for vulnerable
Populations.
[2:46:19] tbra work better for vulnerable
Populations.
We actually get a lot of phone
[2:46:20] populations.
We actually get a lot of phone
Calls about tbra, the tenant
[2:46:22] we actually get a lot of phone
Calls about tbra, the tenant
Based rental assistance were
[2:46:24] calls about tbra, the tenant
Based rental assistance were
Actually not using our home
[2:46:25] based rental assistance were
Actually not using our home
Funds at this time for tbra, but
[2:46:27] actually not using our home
Funds at this time for tbra, but
We would be interested in
[2:46:28] funds at this time for tbra, but
We would be interested in
Receiving feedback from the
[2:46:29] we would be interested in
Receiving feedback from the
Court as we develop and stand up
[2:46:32] receiving feedback from the
Court as we develop and stand up
Is program, we are going to
[2:46:34] court as we develop and stand up
Is program, we are going to
Start looking at ways to try to
[2:46:36] is program, we are going to
Start looking at ways to try to
Expand what we‘re using our
[2:46:37] start looking at ways to try to
Expand what we‘re using our
Money for.
[2:46:38] expand what we‘re using our
Money for.
Right now, we‘re focusing on
[2:46:40] money for.
Right now, we‘re focusing on
Down payment assistance for home
[2:46:42] right now, we‘re focusing on
Down payment assistance for home
Ownership and providing money to
[2:46:44] down payment assistance for home
Ownership and providing money to
Chodos for affordable housing.
[2:46:45] ownership and providing money to
Chodos for affordable housing.
But an opportunity for tbra may
[2:46:47] chodos for affordable housing.
But an opportunity for tbra may
Be in the near future.
[2:46:48] but an opportunity for tbra may
Be in the near future.
Strengthening tenant rights and
[2:46:51] be in the near future.
Strengthening tenant rights and
Protections for occupants of the
[2:46:53] strengthening tenant rights and
Protections for occupants of the
Home.
[2:46:53] protections for occupants of the
Home.
Assisted rental rental units and
[2:46:56] home.
Assisted rental rental units and
Recipients of home tbra, and
[2:46:57] assisted rental rental units and
Recipients of home tbra, and
Establishing new methods for
[2:46:59] recipients of home tbra, and
Establishing new methods for
Determining maximum per unit
[2:47:01] establishing new methods for
Determining maximum per unit
Subsidies.
[2:47:01] determining maximum per unit
Subsidies.
Subsidy limits, which I will
[2:47:02] subsidies.
Subsidy limits, which I will
Also talk about.
[2:47:03] subsidy limits, which I will
Also talk about.
Those are just a couple of the
[2:47:05] also talk about.
Those are just a couple of the
Highlights from the home rule
[2:47:06] those are just a couple of the
Highlights from the home rule
Changes.
[2:47:06] highlights from the home rule
Changes.
Another thing with regards to
[2:47:08] changes.
Another thing with regards to
Regulations and requirements, we
[2:47:10] another thing with regards to
Regulations and requirements, we
Are required to have our
[2:47:12] regulations and requirements, we
Are required to have our
Recapture provisions approved by
[2:47:13] are required to have our
Recapture provisions approved by
Hud.
[2:47:15] recapture provisions approved by
Hud.
Recapture basically means when
[2:47:16] hud.
Recapture basically means when
You give out money to a home
[2:47:19] recapture basically means when
You give out money to a home
Buyer, if they move out before
[2:47:21] you give out money to a home
Buyer, if they move out before
The affordability, the mandated
[2:47:23] buyer, if they move out before
The affordability, the mandated
Affordability period expires,
[2:47:25] the affordability, the mandated
Affordability period expires,
How are you going to get that
[2:47:26] affordability period expires,
How are you going to get that
Money back?
[2:47:27] how are you going to get that
Money back?
So you can either use a what‘s
[2:47:29] money back?
So you can either use a what‘s
Called a recapture provision,
[2:47:31] so you can either use a what‘s
Called a recapture provision,
Which is the model that travis
[2:47:32] called a recapture provision,
Which is the model that travis
County is utilizing.
[2:47:33] which is the model that travis
County is utilizing.
Or you can use a resale
[2:47:34] county is utilizing.
Or you can use a resale
Provision.
[2:47:35] or you can use a resale
Provision.
Please don‘t ask me to explain
[2:47:36] provision.
Please don‘t ask me to explain
The resale because it‘s not our
[2:47:37] please don‘t ask me to explain
The resale because it‘s not our
Model and I don‘t have it
[2:47:38] the resale because it‘s not our
Model and I don‘t have it
Memorized, but we are using the
[2:47:41] model and I don‘t have it
Memorized, but we are using the
Recapture provision and we had
[2:47:43] memorized, but we are using the
Recapture provision and we had
To have those approved.
[2:47:44] recapture provision and we had
To have those approved.
And then lastly, policies and
[2:47:46] to have those approved.
And then lastly, policies and
Procedures for our program.
[2:47:47] and then lastly, policies and
Procedures for our program.
Next slide please.
[2:47:48] procedures for our program.
Next slide please.
So this is just a screenshot.
[2:47:49] next slide please.
So this is just a screenshot.
I‘m not going to talk about it.
[2:47:50] so this is just a screenshot.
I‘m not going to talk about it.
Just want the court and the
[2:47:51] I‘m not going to talk about it.
Just want the court and the
Public to be aware that we do
[2:47:53] just want the court and the
Public to be aware that we do
Have policies and procedures.
[2:47:55] public to be aware that we do
Have policies and procedures.
They are nearing completion.
[2:47:56] have policies and procedures.
They are nearing completion.
They are not done.
[2:47:56] they are nearing completion.
They are not done.
This has been a very
[2:47:58] they are not done.
This has been a very
Comprehensive process.
[2:47:59] this has been a very
Comprehensive process.
And next slide, please.
[2:48:02] comprehensive process.
And next slide, please.
This is just to show that our
[2:48:04] and next slide, please.
This is just to show that our
That hud did approve the
[2:48:06] this is just to show that our
That hud did approve the
County‘s recapture provisions on
[2:48:08] that hud did approve the
County‘s recapture provisions on
April 22nd, 2025.
[2:48:09] county‘s recapture provisions on
April 22nd, 2025.
Next slide please.
[2:48:11] april 22nd, 2025.
Next slide please.
So now I‘m going to go in to
[2:48:13] next slide please.
So now I‘m going to go in to
Program design just to hit the
[2:48:16] so now I‘m going to go in to
Program design just to hit the
Highlights for you.
[2:48:17] program design just to hit the
Highlights for you.
All the jurisdiction for the
[2:48:20] highlights for you.
All the jurisdiction for the
Home investment partnership
[2:48:21] all the jurisdiction for the
Home investment partnership
Program is a travis county
[2:48:23] home investment partnership
Program is a travis county
Service area.
[2:48:24] program is a travis county
Service area.
So as you know, we are an
[2:48:26] service area.
So as you know, we are an
Entitlement.
[2:48:27] so as you know, we are an
Entitlement.
Urban county city of austin has
[2:48:29] entitlement.
Urban county city of austin has
Their money.
[2:48:29] urban county city of austin has
Their money.
We are now receiving ours.
[2:48:31] their money.
We are now receiving ours.
We have to spend our money in
[2:48:32] we are now receiving ours.
We have to spend our money in
Our jurisdiction.
[2:48:33] we have to spend our money in
Our jurisdiction.
That‘s unincorporated travis
[2:48:34] our jurisdiction.
That‘s unincorporated travis
County and small cities that are
[2:48:37] that‘s unincorporated travis
County and small cities that are
Operating under a cooperation
[2:48:38] county and small cities that are
Operating under a cooperation
Agreement with travis county
[2:48:40] operating under a cooperation
Agreement with travis county
Income limits.
[2:48:40] agreement with travis county
Income limits.
As we just mentioned,
[2:48:42] income limits.
As we just mentioned,
Commissioner howard is 50% to
[2:48:44] as we just mentioned,
Commissioner howard is 50% to
80% ami.
[2:48:44] commissioner howard is 50% to
80% ami.
That means the folks that are
[2:48:48] 80% ami.
That means the folks that are
Participating in our program, we
[2:48:49] that means the folks that are
Participating in our program, we
Want them to be in that income
[2:48:52] participating in our program, we
Want them to be in that income
Range.
[2:48:52] want them to be in that income
Range.
Typically, dpa programs that are
[2:48:55] range.
Typically, dpa programs that are
Funded by home are 60 to 80%
[2:48:57] typically, dpa programs that are
Funded by home are 60 to 80%
Ami.
[2:48:57] funded by home are 60 to 80%
Ami.
But as you will hear later
[2:48:59] ami.
But as you will hear later
Through our partnership with
[2:49:01] but as you will hear later
Through our partnership with
Fss, we really wanted to try to
[2:49:02] through our partnership with
Fss, we really wanted to try to
Create an opportunity to do a
[2:49:04] fss, we really wanted to try to
Create an opportunity to do a
Subsidy layer, which is
[2:49:05] create an opportunity to do a
Subsidy layer, which is
Something you asked about
[2:49:07] subsidy layer, which is
Something you asked about
Earlier, commissioner shea,
[2:49:08] something you asked about
Earlier, commissioner shea,
About layering subsidies from
[2:49:09] earlier, commissioner shea,
About layering subsidies from
Other entities or from the
[2:49:10] about layering subsidies from
Other entities or from the
Escrow program that you‘ll hear
[2:49:12] other entities or from the
Escrow program that you‘ll hear
About.
[2:49:12] escrow program that you‘ll hear
About.
We really wanted to try to
[2:49:13] about.
We really wanted to try to
Create an opportunity for the
[2:49:15] we really wanted to try to
Create an opportunity for the
Potential buyer on the lower end
[2:49:17] create an opportunity for the
Potential buyer on the lower end
Of the income spectrum, the home
[2:49:20] potential buyer on the lower end
Of the income spectrum, the home
Investment local limit, the
[2:49:22] of the income spectrum, the home
Investment local limit, the
Statute does require that there
[2:49:25] investment local limit, the
Statute does require that there
Is a at least a minimum of
[2:49:27] statute does require that there
Is a at least a minimum of
$1,000 per unit investment, if
[2:49:31] is a at least a minimum of
$1,000 per unit investment, if
I‘m stating that correctly.
[2:49:32] $1,000 per unit investment, if
I‘m stating that correctly.
So our local limit for the home
[2:49:34] I‘m stating that correctly.
So our local limit for the home
Buyers is $1,500.
[2:49:36] so our local limit for the home
Buyers is $1,500.
We are also setting a
[2:49:38] buyers is $1,500.
We are also setting a
Prerequisite that the purchaser
[2:49:40] we are also setting a
Prerequisite that the purchaser
Has a post savings account
[2:49:42] prerequisite that the purchaser
Has a post savings account
Requirement of $2,000.
[2:49:43] has a post savings account
Requirement of $2,000.
Our direct subsidy subsidy is up
[2:49:46] requirement of $2,000.
Our direct subsidy subsidy is up
To $75,000.
[2:49:48] our direct subsidy subsidy is up
To $75,000.
Does not mean everybody‘s going
[2:49:49] to $75,000.
Does not mean everybody‘s going
To get $75,000.
[2:49:50] does not mean everybody‘s going
To get $75,000.
It means, based upon your
[2:49:52] to get $75,000.
It means, based upon your
Ability to repay and what you
[2:49:54] it means, based upon your
Ability to repay and what you
Actually need to make the home
[2:49:56] ability to repay and what you
Actually need to make the home
That you are trying to purchase
[2:49:57] actually need to make the home
That you are trying to purchase
Affordable.
[2:49:58] that you are trying to purchase
Affordable.
We can provide up to $75,000
[2:50:01] affordable.
We can provide up to $75,000
Credit score, 640 front end and
[2:50:03] we can provide up to $75,000
Credit score, 640 front end and
Back end ratios.
[2:50:04] credit score, 640 front end and
Back end ratios.
I just put industry standards
[2:50:06] back end ratios.
I just put industry standards
Depending upon the loan product,
[2:50:07] I just put industry standards
Depending upon the loan product,
That could change.
[2:50:08] depending upon the loan product,
That could change.
But the 3843 percentages that
[2:50:11] that could change.
But the 3843 percentages that
You see there are, I believe,
[2:50:12] but the 3843 percentages that
You see there are, I believe,
Fha standards.
[2:50:13] you see there are, I believe,
Fha standards.
Is that correct?
[2:50:14] fha standards.
Is that correct?
Okay.
[2:50:14] is that correct?
Okay.
>> what does that mean?
[2:50:15] okay.
>> what does that mean?
Can you just say what that
[2:50:16] >> what does that mean?
Can you just say what that
Means?
[2:50:16] can you just say what that
Means?
It‘s not clear to me.
[2:50:17] means?
It‘s not clear to me.
>> yes.
[2:50:18] it‘s not clear to me.
>> yes.
So the front end ratio is the
[2:50:19] >> yes.
So the front end ratio is the
Housing ratio.
[2:50:20] so the front end ratio is the
Housing ratio.
That means this is this is going
[2:50:22] housing ratio.
That means this is this is going
To be your your ratio for if you
[2:50:27] that means this is this is going
To be your your ratio for if you
Have no debt.
[2:50:28] to be your your ratio for if you
Have no debt.
So this is a this is your, your
[2:50:30] have no debt.
So this is a this is your, your
Housing ratio, your housing
[2:50:32] so this is a this is your, your
Housing ratio, your housing
Percentage, the back end ratio
[2:50:33] housing ratio, your housing
Percentage, the back end ratio
Is your debt to income ratio,
[2:50:35] percentage, the back end ratio
Is your debt to income ratio,
Which typically most people are
[2:50:36] is your debt to income ratio,
Which typically most people are
Going to have because you‘re
[2:50:37] which typically most people are
Going to have because you‘re
Going to have a car payment, you
[2:50:38] going to have because you‘re
Going to have a car payment, you
May have student loans, you may
[2:50:39] going to have a car payment, you
May have student loans, you may
Have credit card debt, you may
[2:50:40] may have student loans, you may
Have credit card debt, you may
Have another.
[2:50:41] have credit card debt, you may
Have another.
Well, you can‘t have another
[2:50:42] have another.
Well, you can‘t have another
Mortgage for this program.
[2:50:42] well, you can‘t have another
Mortgage for this program.
But but basically, the back end
[2:50:45] mortgage for this program.
But but basically, the back end
Ratio says that when we
[2:50:47] but but basically, the back end
Ratio says that when we
Calculate your income and all of
[2:50:48] ratio says that when we
Calculate your income and all of
Your debt, which are your
[2:50:50] calculate your income and all of
Your debt, which are your
Minimum payments on your credit
[2:50:51] your debt, which are your
Minimum payments on your credit
Score, you cannot exceed a
[2:50:53] minimum payments on your credit
Score, you cannot exceed a
Certain threshold in order for
[2:50:54] score, you cannot exceed a
Certain threshold in order for
You to be deemed like falling
[2:50:57] certain threshold in order for
You to be deemed like falling
Within like an affordability
[2:50:58] you to be deemed like falling
Within like an affordability
Range.
[2:50:58] within like an affordability
Range.
>> and that‘s the 43% of your
[2:51:00] range.
>> and that‘s the 43% of your
Income.
[2:51:00] >> and that‘s the 43% of your
Income.
>> that is, it‘s not 43% of your
[2:51:03] income.
>> that is, it‘s not 43% of your
Income.
[2:51:03] >> that is, it‘s not 43% of your
Income.
It‘s calculated based upon your
[2:51:05] income.
It‘s calculated based upon your
Debt.
[2:51:05] it‘s calculated based upon your
Debt.
It‘s debt to income ratio.
[2:51:06] debt.
It‘s debt to income ratio.
So it‘s a calculation factoring.
[2:51:08] it‘s debt to income ratio.
So it‘s a calculation factoring.
>> in, oh, it‘s what you owe
[2:51:10] so it‘s a calculation factoring.
>> in, oh, it‘s what you owe
Compared to your income.
[2:51:11] >> in, oh, it‘s what you owe
Compared to your income.
>> that is correct.
[2:51:12] compared to your income.
>> that is correct.
>> that‘s the 38.
[2:51:13] >> that is correct.
>> that‘s the 38.
Th doesn‘t refer to the
[2:51:15] >> that‘s the 38.
Th doesn‘t refer to the
Percentage that‘s paid for
[2:51:15] th doesn‘t refer to the
Percentage that‘s paid for
Housing.
[2:51:16] percentage that‘s paid for
Housing.
Is it?
[2:51:16] housing.
Is it?
>> 38% is just your percent of
[2:51:19] is it?
>> 38% is just your percent of
What you can afford based upon
[2:51:21] >> 38% is just your percent of
What you can afford based upon
Your income?
[2:51:22] what you can afford based upon
Your income?
Because the assumption is, is
[2:51:23] your income?
Because the assumption is, is
That the housing ratio doesn‘t
[2:51:25] because the assumption is, is
That the housing ratio doesn‘t
Include debt.
[2:51:26] that the housing ratio doesn‘t
Include debt.
>> okay.
[2:51:28] include debt.
>> okay.
>> homebuyer education and
[2:51:29] >> okay.
>> homebuyer education and
Housing counseling, those are
[2:51:31] >> homebuyer education and
Housing counseling, those are
Prerequisites set for our
[2:51:32] housing counseling, those are
Prerequisites set for our
Program.
[2:51:32] prerequisites set for our
Program.
Basically, we‘re saying we want
[2:51:35] program.
Basically, we‘re saying we want
To help, but we want you to have
[2:51:38] basically, we‘re saying we want
To help, but we want you to have
Housing, counseling and
[2:51:39] to help, but we want you to have
Housing, counseling and
Education as a prerequisite to
[2:51:40] housing, counseling and
Education as a prerequisite to
Gain access to the county‘s down
[2:51:42] education as a prerequisite to
Gain access to the county‘s down
Payment assistance funds,
[2:51:44] gain access to the county‘s down
Payment assistance funds,
Occupancy requirement.
[2:51:45] payment assistance funds,
Occupancy requirement.
You must live in the house for
[2:51:46] occupancy requirement.
You must live in the house for
It must be your primary
[2:51:48] you must live in the house for
It must be your primary
Residence and the mortgage
[2:51:49] it must be your primary
Residence and the mortgage
Mortgage requirements.
[2:51:51] residence and the mortgage
Mortgage requirements.
Just in general, a qualified
[2:51:52] mortgage requirements.
Just in general, a qualified
Mortgage, the loan products,
[2:51:55] just in general, a qualified
Mortgage, the loan products,
Conventional, fha, va, usda, but
[2:51:57] mortgage, the loan products,
Conventional, fha, va, usda, but
No interest.
[2:51:58] conventional, fha, va, usda, but
No interest.
Only no balloons, no arms
[2:52:02] no interest.
Only no balloons, no arms
Adjusted rate mortgages because
[2:52:03] only no balloons, no arms
Adjusted rate mortgages because
Those are high risk and we don‘t
[2:52:04] adjusted rate mortgages because
Those are high risk and we don‘t
Want our clients receiving our
[2:52:07] those are high risk and we don‘t
Want our clients receiving our
Sof secondary forgivable loan
[2:52:10] want our clients receiving our
Sof secondary forgivable loan
And being in a high risk or
[2:52:13] sof secondary forgivable loan
And being in a high risk or
Subprime mortgage product.
[2:52:14] and being in a high risk or
Subprime mortgage product.
Next slide please.
[2:52:15] subprime mortgage product.
Next slide please.
>> is the local limit that they
[2:52:17] next slide please.
>> is the local limit that they
Cannot have more than $1,500
[2:52:19] >> is the local limit that they
Cannot have more than $1,500
That they contribute or that
[2:52:21] cannot have more than $1,500
That they contribute or that
That‘s the minimum.
[2:52:22] that they contribute or that
That‘s the minimum.
I‘m not clear what that limit
[2:52:23] that‘s the minimum.
I‘m not clear what that limit
Is.
[2:52:23] I‘m not clear what that limit
Is.
>> great question.
[2:52:24] is.
>> great question.
That is the minimum for what
[2:52:25] >> great question.
That is the minimum for what
We‘re asking them to contribute.
[2:52:27] that is the minimum for what
We‘re asking them to contribute.
Okay.
[2:52:27] we‘re asking them to contribute.
Okay.
Yep.
[2:52:28] okay.
Yep.
Down payment assistance
[2:52:32] yep.
Down payment assistance
Continued.
[2:52:32] down payment assistance
Continued.
I‘ve already talked about the
[2:52:35] continued.
I‘ve already talked about the
$75,000 cap.
[2:52:37] I‘ve already talked about the
$75,000 cap.
On the next slides.
[2:52:38] $75,000 cap.
On the next slides.
We‘ll discuss affordability
[2:52:39] on the next slides.
We‘ll discuss affordability
Periods, mortgage readiness
[2:52:42] we‘ll discuss affordability
Periods, mortgage readiness
Requirements, the maximum per
[2:52:43] periods, mortgage readiness
Requirements, the maximum per
Unit subsidy, and property
[2:52:45] requirements, the maximum per
Unit subsidy, and property
Standards.
[2:52:46] unit subsidy, and property
Standards.
Next slide please.
[2:52:46] standards.
Next slide please.
So on this slide it just shows
[2:52:50] next slide please.
So on this slide it just shows
What I think.
[2:52:51] so on this slide it just shows
What I think.
I skipped a slide.
[2:52:52] what I think.
I skipped a slide.
Here I am.
[2:52:53] I skipped a slide.
Here I am.
This is the affordability
[2:52:55] here I am.
This is the affordability
Period.
[2:52:56] this is the affordability
Period.
So earlier I said a hud changed
[2:52:57] period.
So earlier I said a hud changed
The rules and the ranges used to
[2:53:01] so earlier I said a hud changed
The rules and the ranges used to
Be different.
[2:53:01] the rules and the ranges used to
Be different.
I think it used to be like
[2:53:03] be different.
I think it used to be like
15,000, 15 to 40,000 and then
[2:53:05] I think it used to be like
15,000, 15 to 40,000 and then
Above 40,000.
[2:53:06] 15,000, 15 to 40,000 and then
Above 40,000.
They made revisions in 2025 to
[2:53:08] above 40,000.
They made revisions in 2025 to
The rules.
[2:53:08] they made revisions in 2025 to
The rules.
And so now if you receive home
[2:53:11] the rules.
And so now if you receive home
Funds under $25,000, you‘re
[2:53:14] and so now if you receive home
Funds under $25,000, you‘re
Required to live in the house
[2:53:15] funds under $25,000, you‘re
Required to live in the house
For five years.
[2:53:16] required to live in the house
For five years.
That‘s the affordability period.
[2:53:18] for five years.
That‘s the affordability period.
If you receive home funds
[2:53:21] that‘s the affordability period.
If you receive home funds
Between 25,000 and 50,000,
[2:53:21] if you receive home funds
Between 25,000 and 50,000,
You‘re required to live in the
[2:53:22] between 25,000 and 50,000,
You‘re required to live in the
Home for ten years.
[2:53:23] you‘re required to live in the
Home for ten years.
If you receive home funds over
[2:53:25] home for ten years.
If you receive home funds over
$50,000, you‘re required to live
[2:53:26] if you receive home funds over
$50,000, you‘re required to live
In the house for 15 years.
[2:53:28] $50,000, you‘re required to live
In the house for 15 years.
Next slide please.
[2:53:29] in the house for 15 years.
Next slide please.
>> and what happens if you don‘t
[2:53:32] next slide please.
>> and what happens if you don‘t
Meet those requirements?
[2:53:34] >> and what happens if you don‘t
Meet those requirements?
You don‘t get the benefit of the
[2:53:35] meet those requirements?
You don‘t get the benefit of the
Increased value of the home.
[2:53:36] you don‘t get the benefit of the
Increased value of the home.
If you have to sell it.
[2:53:37] increased value of the home.
If you have to sell it.
>> great question.
[2:53:39] if you have to sell it.
>> great question.
So if you do not meet those
[2:53:41] >> great question.
So if you do not meet those
Requirements, our recapture
[2:53:43] so if you do not meet those
Requirements, our recapture
Provisions are triggered, then
[2:53:44] requirements, our recapture
Provisions are triggered, then
That means that the deed of
[2:53:45] provisions are triggered, then
That means that the deed of
Trust that will be filed with
[2:53:47] that means that the deed of
Trust that will be filed with
The county clerk‘s office will
[2:53:49] trust that will be filed with
The county clerk‘s office will
Then be triggered, and then
[2:53:50] the county clerk‘s office will
Then be triggered, and then
There will be a pro rata share
[2:53:52] then be triggered, and then
There will be a pro rata share
Of the funds that have to be
[2:53:54] there will be a pro rata share
Of the funds that have to be
Returned to travis county.
[2:53:55] of the funds that have to be
Returned to travis county.
>> and does that allow the
[2:53:56] returned to travis county.
>> and does that allow the
Person to sell the house and pay
[2:53:59] >> and does that allow the
Person to sell the house and pay
That portion of funds from some
[2:54:01] person to sell the house and pay
That portion of funds from some
Proceeds of the sale?
[2:54:02] that portion of funds from some
Proceeds of the sale?
>> it could be a sell
[2:54:04] proceeds of the sale?
>> it could be a sell
Voluntarily or involuntary.
[2:54:05] >> it could be a sell
Voluntarily or involuntary.
So whenever there‘s a
[2:54:08] voluntarily or involuntary.
So whenever there‘s a
Transaction on the property
[2:54:11] so whenever there‘s a
Transaction on the property
Outside of or I guess within the
[2:54:13] transaction on the property
Outside of or I guess within the
Affordability period, then
[2:54:14] outside of or I guess within the
Affordability period, then
That‘s going to trigger the
[2:54:16] affordability period, then
That‘s going to trigger the
County.
[2:54:16] that‘s going to trigger the
County.
>> they‘re able to recover some
[2:54:18] county.
>> they‘re able to recover some
Of the money.
[2:54:19] >> they‘re able to recover some
Of the money.
>> investing our recapture
[2:54:21] of the money.
>> investing our recapture
Provisions.
[2:54:21] >> investing our recapture
Provisions.
That is absolutely correct.
[2:54:24] provisions.
That is absolutely correct.
Okay.
[2:54:24] that is absolutely correct.
Okay.
So mortgage readiness
[2:54:26] okay.
So mortgage readiness
Requirements, these are some
[2:54:28] so mortgage readiness
Requirements, these are some
Standard requirements that we
[2:54:29] requirements, these are some
Standard requirements that we
Put in place.
[2:54:30] standard requirements that we
Put in place.
This will basically be like a
[2:54:32] put in place.
This will basically be like a
Form that we give to framework,
[2:54:34] this will basically be like a
Form that we give to framework,
Cdc and the mortgage readiness
[2:54:37] form that we give to framework,
Cdc and the mortgage readiness
Requirements.
[2:54:37] cdc and the mortgage readiness
Requirements.
I don‘t have to read them all,
[2:54:39] requirements.
I don‘t have to read them all,
But the gist of this is to make
[2:54:41] I don‘t have to read them all,
But the gist of this is to make
Sure that every client meets all
[2:54:44] but the gist of this is to make
Sure that every client meets all
Of the criteria on this
[2:54:46] sure that every client meets all
Of the criteria on this
Checklist before they are
[2:54:48] of the criteria on this
Checklist before they are
Allowed to apply for our dpa
[2:54:50] checklist before they are
Allowed to apply for our dpa
Phone.
[2:54:50] allowed to apply for our dpa
Phone.
Our dpa funds, the applicants or
[2:54:53] phone.
Our dpa funds, the applicants or
The prospective buyers will
[2:54:55] our dpa funds, the applicants or
The prospective buyers will
Actually not apply for the
[2:54:56] the prospective buyers will
Actually not apply for the
Funds.
[2:54:56] actually not apply for the
Funds.
The lender will submit the
[2:54:58] funds.
The lender will submit the
Application, but when the
[2:55:00] the lender will submit the
Application, but when the
Clients go through homebuyer
[2:55:01] application, but when the
Clients go through homebuyer
Education with a framework, cdc,
[2:55:04] clients go through homebuyer
Education with a framework, cdc,
Then the housing counseling
[2:55:07] education with a framework, cdc,
Then the housing counseling
Prerequisite, this document that
[2:55:09] then the housing counseling
Prerequisite, this document that
Will be signed off on by
[2:55:11] prerequisite, this document that
Will be signed off on by
Framework, cdc and by the
[2:55:13] will be signed off on by
Framework, cdc and by the
Client.
[2:55:13] framework, cdc and by the
Client.
They have to check all of these
[2:55:15] client.
They have to check all of these
Boxes.
[2:55:15] they have to check all of these
Boxes.
And so that‘s just the gist of
[2:55:17] boxes.
And so that‘s just the gist of
The mortgage readiness
[2:55:19] and so that‘s just the gist of
The mortgage readiness
Requirements that we‘ve
[2:55:20] the mortgage readiness
Requirements that we‘ve
Established for this program.
[2:55:21] requirements that we‘ve
Established for this program.
Next slide please.
[2:55:22] established for this program.
Next slide please.
And so I think I have a couple
[2:55:25] next slide please.
And so I think I have a couple
More slides before we get to
[2:55:26] and so I think I have a couple
More slides before we get to
You.
[2:55:26] more slides before we get to
You.
Joyce.
[2:55:26] you.
Joyce.
I‘m trying to go through maximum
[2:55:31] joyce.
I‘m trying to go through maximum
Per unit subsidies.
[2:55:32] I‘m trying to go through maximum
Per unit subsidies.
So per 24 cfr 92.25 a, the pjs
[2:55:37] per unit subsidies.
So per 24 cfr 92.25 a, the pjs
Investments may not exceed the
[2:55:39] so per 24 cfr 92.25 a, the pjs
Investments may not exceed the
Per unit dollar limit.
[2:55:41] investments may not exceed the
Per unit dollar limit.
Hud publishes the local dollar
[2:55:44] per unit dollar limit.
Hud publishes the local dollar
Limits annually.
[2:55:45] hud publishes the local dollar
Limits annually.
And I wanted to read that
[2:55:46] limits annually.
And I wanted to read that
Specifically because the slide
[2:55:47] and I wanted to read that
Specifically because the slide
Is a little small.
[2:55:48] specifically because the slide
Is a little small.
So about the maximum per unit
[2:55:51] is a little small.
So about the maximum per unit
Subsidy, if I.
[2:55:52] so about the maximum per unit
Subsidy, if I.
I printed out a packet and
[2:55:54] subsidy, if I.
I printed out a packet and
Provided them to all of you all
[2:55:56] I printed out a packet and
Provided them to all of you all
Today.
[2:55:56] provided them to all of you all
Today.
So I hope you can see this.
[2:55:57] today.
So I hope you can see this.
But in the far right column it
[2:55:59] so I hope you can see this.
But in the far right column it
Says home maximum per unit
[2:56:00] but in the far right column it
Says home maximum per unit
Subsidy limit.
[2:56:01] says home maximum per unit
Subsidy limit.
Basically, we‘re not able to
[2:56:04] subsidy limit.
Basically, we‘re not able to
Subsidize homes in in excess of
[2:56:06] basically, we‘re not able to
Subsidize homes in in excess of
The amounts that are listed.
[2:56:08] subsidize homes in in excess of
The amounts that are listed.
This is the 2024 limit for home
[2:56:11] the amounts that are listed.
This is the 2024 limit for home
Maximum per unit subsidies that
[2:56:13] this is the 2024 limit for home
Maximum per unit subsidies that
We pulled from the tdhca
[2:56:15] maximum per unit subsidies that
We pulled from the tdhca
Website.
[2:56:16] we pulled from the tdhca
Website.
Believe that there are going to
[2:56:18] website.
Believe that there are going to
Be.
[2:56:18] believe that there are going to
Be.
I think we reached out to hud
[2:56:19] be.
I think we reached out to hud
And there are going to be new
[2:56:21] I think we reached out to hud
And there are going to be new
Limits published.
[2:56:22] and there are going to be new
Limits published.
We do not have them at this
[2:56:23] limits published.
We do not have them at this
Time, but it‘s just a
[2:56:24] we do not have them at this
Time, but it‘s just a
Prerequisite that we have to
[2:56:25] time, but it‘s just a
Prerequisite that we have to
Make sure that we‘re looking at
[2:56:27] prerequisite that we have to
Make sure that we‘re looking at
When we‘re providing funds.
[2:56:29] make sure that we‘re looking at
When we‘re providing funds.
We are not going to provide
[2:56:32] when we‘re providing funds.
We are not going to provide
Excessive funds as listed in the
[2:56:35] we are not going to provide
Excessive funds as listed in the
Maximum per unit subsidy limit.
[2:56:37] excessive funds as listed in the
Maximum per unit subsidy limit.
Our limit is going to be
[2:56:39] maximum per unit subsidy limit.
Our limit is going to be
$75,000.
[2:56:40] our limit is going to be
$75,000.
>> so is this saying that the
[2:56:42] $75,000.
>> so is this saying that the
Most expensive house that
[2:56:45] >> so is this saying that the
Most expensive house that
Someone could buy is the
[2:56:50] most expensive house that
Someone could buy is the
$359,000?
[2:56:50] someone could buy is the
$359,000?
>> no, ma‘am.
[2:56:51] $359,000?
>> no, ma‘am.
That‘s saying that that‘s the
[2:56:52] >> no, ma‘am.
That‘s saying that that‘s the
Maximum that we‘re able to
[2:56:54] that‘s saying that that‘s the
Maximum that we‘re able to
Invest in a unit that has zero
[2:56:57] maximum that we‘re able to
Invest in a unit that has zero
Bedrooms, one bedroom, two
[2:56:59] invest in a unit that has zero
Bedrooms, one bedroom, two
Bedrooms or three bedrooms or
[2:57:01] bedrooms, one bedroom, two
Bedrooms or three bedrooms or
Four bedrooms.
[2:57:01] bedrooms or three bedrooms or
Four bedrooms.
So depending upon the size of
[2:57:02] four bedrooms.
So depending upon the size of
The house, we would not be able
[2:57:04] so depending upon the size of
The house, we would not be able
To exceed the limits that are
[2:57:07] the house, we would not be able
To exceed the limits that are
Shown there either for
[2:57:09] to exceed the limits that are
Shown there either for
Condominiums or for just like a
[2:57:11] shown there either for
Condominiums or for just like a
Single family unit.
[2:57:12] condominiums or for just like a
Single family unit.
>> but none of the the subsidy
[2:57:14] single family unit.
>> but none of the the subsidy
Programs would get to those
[2:57:15] >> but none of the the subsidy
Programs would get to those
Dollar amounts.
[2:57:16] programs would get to those
Dollar amounts.
Our maximum subsidy, 75,000.
[2:57:18] dollar amounts.
Our maximum subsidy, 75,000.
You have to.
[2:57:19] our maximum subsidy, 75,000.
You have to.
Unless somebody was able to save
[2:57:21] you have to.
Unless somebody was able to save
A lot of money.
[2:57:22] unless somebody was able to save
A lot of money.
And then there were other
[2:57:24] a lot of money.
And then there were other
Cumulative contributions to get
[2:57:26] and then there were other
Cumulative contributions to get
To 181 000 I.
[2:57:28] cumulative contributions to get
To 181 000 I.
>> I agree it could be really
[2:57:31] to 181 000 I.
>> I agree it could be really
More for rental units.
[2:57:34] >> I agree it could be really
More for rental units.
So like if you‘re building an
[2:57:35] more for rental units.
So like if you‘re building an
Apartment complex and you are
[2:57:37] so like if you‘re building an
Apartment complex and you are
Making an investment based upon
[2:57:40] apartment complex and you are
Making an investment based upon
Your, you know, you‘re making an
[2:57:41] making an investment based upon
Your, you know, you‘re making an
Investment in your, your hud
[2:57:42] your, you know, you‘re making an
Investment in your, your hud
Funds, I‘m not really sure if
[2:57:44] investment in your, your hud
Funds, I‘m not really sure if
That‘s applicable or not, but my
[2:57:47] funds, I‘m not really sure if
That‘s applicable or not, but my
Interpretation when I read the
[2:57:48] that‘s applicable or not, but my
Interpretation when I read the
Regulation, it just said that
[2:57:50] interpretation when I read the
Regulation, it just said that
The pjs investment may not
[2:57:52] regulation, it just said that
The pjs investment may not
Exceed the per unit dollar
[2:57:54] the pjs investment may not
Exceed the per unit dollar
Limits listed on the on the
[2:57:56] exceed the per unit dollar
Limits listed on the on the
Chart.
[2:57:56] limits listed on the on the
Chart.
>> so this would be the cost
[2:57:57] chart.
>> so this would be the cost
That we would be putting into
[2:57:59] >> so this would be the cost
That we would be putting into
Building some kind of complex,
[2:58:00] that we would be putting into
Building some kind of complex,
As opposed to a down payment
[2:58:02] building some kind of complex,
As opposed to a down payment
Assistance match program.
[2:58:04] as opposed to a down payment
Assistance match program.
>> that is correct.
[2:58:05] assistance match program.
>> that is correct.
Okay.
[2:58:05] >> that is correct.
Okay.
>> but that explains those
[2:58:06] okay.
>> but that explains those
Dollar.
[2:58:06] >> but that explains those
Dollar.
>> numbers.
[2:58:07] dollar.
>> numbers.
Okay.
[2:58:09] >> numbers.
Okay.
Next slide.
[2:58:09] okay.
Next slide.
And lastly, I wanted to just
[2:58:13] next slide.
And lastly, I wanted to just
Mention to the court that this
[2:58:15] and lastly, I wanted to just
Mention to the court that this
Is not fully fleshed out yet,
[2:58:16] mention to the court that this
Is not fully fleshed out yet,
But we are going to require
[2:58:19] is not fully fleshed out yet,
But we are going to require
Inspections of all the
[2:58:20] but we are going to require
Inspections of all the
Properties that are going to be
[2:58:22] inspections of all the
Properties that are going to be
Purchased with down payment
[2:58:24] properties that are going to be
Purchased with down payment
Assistance funds.
[2:58:25] purchased with down payment
Assistance funds.
I copied and pasted a portion of
[2:58:28] assistance funds.
I copied and pasted a portion of
The regulation there.
[2:58:29] I copied and pasted a portion of
The regulation there.
It‘s generally saying that
[2:58:32] the regulation there.
It‘s generally saying that
Existing housing that is
[2:58:33] it‘s generally saying that
Existing housing that is
Acquired for homeownership using
[2:58:35] existing housing that is
Acquired for homeownership using
Homeownership assistance must be
[2:58:36] acquired for homeownership using
Homeownership assistance must be
Decent, safe, sanitary and in
[2:58:38] homeownership assistance must be
Decent, safe, sanitary and in
Good repair says a lot more than
[2:58:40] decent, safe, sanitary and in
Good repair says a lot more than
That.
[2:58:40] good repair says a lot more than
That.
But we are going to establish we
[2:58:43] that.
But we are going to establish we
Are requid to establish
[2:58:47] but we are going to establish we
Are requid to establish
Regulations, rules and
[2:58:48] are requid to establish
Regulations, rules and
Regulations for how the homes
[2:58:49] regulations, rules and
Regulations for how the homes
Are to be inspected, and that is
[2:58:52] regulations for how the homes
Are to be inspected, and that is
A very important note that I
[2:58:53] are to be inspected, and that is
A very important note that I
Wanted to make without taking a
[2:58:55] a very important note that I
Wanted to make without taking a
Deep dive on that today.
[2:58:56] wanted to make without taking a
Deep dive on that today.
So now I will turn it over.
[2:58:58] deep dive on that today.
So now I will turn it over.
Oh, I think I have one more
[2:59:00] so now I will turn it over.
Oh, I think I have one more
Slide.
[2:59:00] oh, I think I have one more
Slide.
And so lastly, I‘ve been trying
[2:59:02] slide.
And so lastly, I‘ve been trying
To get to you,.
[2:59:03] and so lastly, I‘ve been trying
To get to you,.
[laughter]
[2:59:03] to get to you,.
[laughter]
Joyce.
[2:59:03] [laughter]
Joyce.
It‘s been a long day.
[2:59:05] joyce.
It‘s been a long day.
The, the down payment assistance
[2:59:09] it‘s been a long day.
The, the down payment assistance
Program, public private
[2:59:10] the, the down payment assistance
Program, public private
Partnerships as shown on the
[2:59:12] program, public private
Partnerships as shown on the
Slide 24, cfr 92.2 hundred
[2:59:16] partnerships as shown on the
Slide 24, cfr 92.2 hundred
Requires and expects there to be
[2:59:19] slide 24, cfr 92.2 hundred
Requires and expects there to be
Partnerships.
[2:59:19] requires and expects there to be
Partnerships.
It‘s actually in the name of t
[2:59:20] partnerships.
It‘s actually in the name of t
Program.
[2:59:21] it‘s actually in the name of t
Program.
It‘s the home investment
[2:59:22] program.
It‘s the home investment
Partnerships program.
[2:59:23] it‘s the home investment
Partnerships program.
We‘re supposed to be leveraging
[2:59:25] partnerships program.
We‘re supposed to be leveraging
Partnerships.
[2:59:26] we‘re supposed to be leveraging
Partnerships.
So the the lending referral
[2:59:28] partnerships.
So the the lending referral
Partners is underway.
[2:59:28] so the the lending referral
Partners is underway.
It is not fully launched.
[2:59:30] partners is underway.
It is not fully launched.
We reached out to all of the
[2:59:33] it is not fully launched.
We reached out to all of the
Lenders that are in the tea
[2:59:35] we reached out to all of the
Lenders that are in the tea
Shack.
[2:59:36] lenders that are in the tea
Shack.
Down payment assistance program,
[2:59:39] shack.
Down payment assistance program,
Because we knew that they would
[2:59:40] down payment assistance program,
Because we knew that they would
Have familiarity with these
[2:59:41] because we knew that they would
Have familiarity with these
Types of programs.
[2:59:43] have familiarity with these
Types of programs.
So we reached out to them.
[2:59:44] types of programs.
So we reached out to them.
Most of them are very excited
[2:59:45] so we reached out to them.
Most of them are very excited
And anxious to participate in
[2:59:47] most of them are very excited
And anxious to participate in
Our program.
[2:59:47] and anxious to participate in
Our program.
We wanted to stand it up first,
[2:59:49] our program.
We wanted to stand it up first,
Get the application done, and
[2:59:50] we wanted to stand it up first,
Get the application done, and
Then engage with them.
[2:59:53] get the application done, and
Then engage with them.
And so we are working on that.
[2:59:55] then engage with them.
And so we are working on that.
We also are excited to tout our
[2:59:59] and so we are working on that.
We also are excited to tout our
Partnership with framework cdc,
[3:00:01] we also are excited to tout our
Partnership with framework cdc,
A hud approved housing
[3:00:02] partnership with framework cdc,
A hud approved housing
Counseling agency who will go
[3:00:05] a hud approved housing
Counseling agency who will go
Over for the court in the public
[3:00:06] counseling agency who will go
Over for the court in the public
In just a moment.
[3:00:07] over for the court in the public
In just a moment.
The affordability calculator to
[3:00:08] in just a moment.
The affordability calculator to
Run some scenarios for the
[3:00:10] the affordability calculator to
Run some scenarios for the
Court, providing a required
[3:00:13] run some scenarios for the
Court, providing a required
Homebuyer education and housing
[3:00:14] court, providing a required
Homebuyer education and housing
Counseling, and then, of course,
[3:00:16] homebuyer education and housing
Counseling, and then, of course,
Ensuring that all clients are
[3:00:17] counseling, and then, of course,
Ensuring that all clients are
Mortgage ready as a prerequisite
[3:00:18] ensuring that all clients are
Mortgage ready as a prerequisite
For our program.
[3:00:19] mortgage ready as a prerequisite
For our program.
And then lastly, but certainly
[3:00:20] for our program.
And then lastly, but certainly
Not least, is the hatzi family
[3:00:23] and then lastly, but certainly
Not least, is the hatzi family
Self-sufficiency program, where
[3:00:26] not least, is the hatzi family
Self-sufficiency program, where
Brenda will talk about how our
[3:00:28] self-sufficiency program, where
Brenda will talk about how our
Partnership will work and how
[3:00:29] brenda will talk about how our
Partnership will work and how
They will market, promote and
[3:00:31] partnership will work and how
They will market, promote and
Refer their clients to the
[3:00:33] they will market, promote and
Refer their clients to the
County‘s dpa program.
[3:00:34] refer their clients to the
County‘s dpa program.
Turn it over to you, joyce.
[3:00:36] county‘s dpa program.
Turn it over to you, joyce.
>> okay.
[3:00:37] turn it over to you, joyce.
>> okay.
Okay.
[3:00:37] >> okay.
Okay.
Well, good afternoon.
[3:00:38] okay.
Well, good afternoon.
>> pleasure to be here today.
[3:00:40] well, good afternoon.
>> pleasure to be here today.
And we‘re going to kick off with
[3:00:43] >> pleasure to be here today.
And we‘re going to kick off with
Our segment of the portion of
[3:00:46] and we‘re going to kick off with
Our segment of the portion of
What the will make this down
[3:00:49] our segment of the portion of
What the will make this down
Payment assistance program
[3:00:50] what the will make this down
Payment assistance program
Successful for our constituents.
[3:00:52] payment assistance program
Successful for our constituents.
And so I would focus your
[3:00:54] successful for our constituents.
And so I would focus your
Attention on the scenarios that
[3:00:55] and so I would focus your
Attention on the scenarios that
We‘ve provided.
[3:00:56] attention on the scenarios that
We‘ve provided.
And so scenario, can you all
[3:00:58] we‘ve provided.
And so scenario, can you all
Hear me sound like the mic is in
[3:01:00] and so scenario, can you all
Hear me sound like the mic is in
My eye and we‘re down some.
[3:01:02] hear me sound like the mic is in
My eye and we‘re down some.
Okay, so hopefully you can see
[3:01:04] my eye and we‘re down some.
Okay, so hopefully you can see
The scenario.
[3:01:05] okay, so hopefully you can see
The scenario.
So we, we used the scenarios
[3:01:08] the scenario.
So we, we used the scenarios
Based on the 80, 50, 60, 50 to
[3:01:12] so we, we used the scenarios
Based on the 80, 50, 60, 50 to
80% mfi.
[3:01:13] based on the 80, 50, 60, 50 to
80% mfi.
And we wanted to give several
[3:01:14] 80% mfi.
And we wanted to give several
Scenarios using two of the most
[3:01:16] and we wanted to give several
Scenarios using two of the most
Popular mortgage loan programs,
[3:01:18] scenarios using two of the most
Popular mortgage loan programs,
Which is the federal housing
[3:01:20] popular mortgage loan programs,
Which is the federal housing
Administration, also known as
[3:01:21] which is the federal housing
Administration, also known as
Fha, and conventional financing,
[3:01:23] administration, also known as
Fha, and conventional financing,
Which happens to be my favorite
[3:01:25] fha, and conventional financing,
Which happens to be my favorite
Product for several reasons, in
[3:01:27] which happens to be my favorite
Product for several reasons, in
Which I‘ll elaborate.
[3:01:28] product for several reasons, in
Which I‘ll elaborate.
So the first scenario is based
[3:01:31] which I‘ll elaborate.
So the first scenario is based
On the conventional financing
[3:01:34] so the first scenario is based
On the conventional financing
And the borrower being eligible
[3:01:36] on the conventional financing
And the borrower being eligible
For 50 using 5000.
[3:01:38] and the borrower being eligible
For 50 using 5000.
As she said, the down payment
[3:01:41] for 50 using 5000.
As she said, the down payment
Intent is not that it is
[3:01:43] as she said, the down payment
Intent is not that it is
Eligible for using the or
[3:01:46] intent is not that it is
Eligible for using the or
Consuming 75000 in totality, but
[3:01:48] eligible for using the or
Consuming 75000 in totality, but
It‘s based on need, right?
[3:01:49] consuming 75000 in totality, but
It‘s based on need, right?
So with that understanding on
[3:01:52] it‘s based on need, right?
So with that understanding on
The side of the borrower, john
[3:01:55] so with that understanding on
The side of the borrower, john
Doe conveying the gross income
[3:01:58] the side of the borrower, john
Doe conveying the gross income
From the credit tri merge credit
[3:02:00] doe conveying the gross income
From the credit tri merge credit
Report, creditors are reporting
[3:02:01] from the credit tri merge credit
Report, creditors are reporting
The car payment and the credit
[3:02:05] report, creditors are reporting
The car payment and the credit
Card or loan payment of.
[3:02:05] the car payment and the credit
Card or loan payment of.
152 so the debt is.
[3:02:09] card or loan payment of.
152 so the debt is.
524 from the credit repository
[3:02:13] 152 so the debt is.
524 from the credit repository
Conveyance I want to transit
[3:02:16] 524 from the credit repository
Conveyance I want to transit
Before I talk about the ratios
[3:02:17] conveyance I want to transit
Before I talk about the ratios
And the other elements to this
[3:02:19] before I talk about the ratios
And the other elements to this
Section, I‘d like to shift to
[3:02:22] and the other elements to this
Section, I‘d like to shift to
The area where we‘re conveying
[3:02:25] section, I‘d like to shift to
The area where we‘re conveying
The sales price.
[3:02:26] the area where we‘re conveying
The sales price.
And I tried to keep the sales
[3:02:27] the sales price.
And I tried to keep the sales
Price similar to the subsidy
[3:02:30] and I tried to keep the sales
Price similar to the subsidy
Caps, because these are kind of
[3:02:33] price similar to the subsidy
Caps, because these are kind of
Realistic prices that are
[3:02:35] caps, because these are kind of
Realistic prices that are
Affordable for low to moderate
[3:02:37] realistic prices that are
Affordable for low to moderate
Income buyers or very low to
[3:02:38] affordable for low to moderate
Income buyers or very low to
Moderate income buyers, which is
[3:02:40] income buyers or very low to
Moderate income buyers, which is
The demographic income
[3:02:41] moderate income buyers, which is
The demographic income
Demographic that we‘re serving.
[3:02:43] the demographic income
Demographic that we‘re serving.
So in this particular scenario,
[3:02:46] demographic that we‘re serving.
So in this particular scenario,
We looked at a 202, $203,000
[3:02:49] so in this particular scenario,
We looked at a 202, $203,000
Sales price.
[3:02:50] we looked at a 202, $203,000
Sales price.
And if the borrower is getting
[3:02:53] sales price.
And if the borrower is getting
$50,000 in down payment
[3:02:55] and if the borrower is getting
$50,000 in down payment
Assistance, that subsidy creates
[3:02:57] $50,000 in down payment
Assistance, that subsidy creates
A loan to value of 75.33%.
[3:03:00] assistance, that subsidy creates
A loan to value of 75.33%.
And what that loan to value
[3:03:01] a loan to value of 75.33%.
And what that loan to value
Means is that if there if there
[3:03:04] and what that loan to value
Means is that if there if there
Is no down payment requirement,
[3:03:05] means is that if there if there
Is no down payment requirement,
Then it‘s 100% loan to value the
[3:03:08] is no down payment requirement,
Then it‘s 100% loan to value the
Subsidy divided by the sales
[3:03:10] then it‘s 100% loan to value the
Subsidy divided by the sales
Price determines what percentage
[3:03:12] subsidy divided by the sales
Price determines what percentage
Of that subsidy is paying for
[3:03:14] price determines what percentage
Of that subsidy is paying for
That home.
[3:03:14] of that subsidy is paying for
That home.
So in this scenario, the subsidy
[3:03:17] that home.
So in this scenario, the subsidy
That is being used 50,000 is
[3:03:20] so in this scenario, the subsidy
That is being used 50,000 is
About 22, 23,000, 22, 23%.
[3:03:23] that is being used 50,000 is
About 22, 23,000, 22, 23%.
And that subtracted by 100%
[3:03:26] about 22, 23,000, 22, 23%.
And that subtracted by 100%
Created a loan to value of
[3:03:29] and that subtracted by 100%
Created a loan to value of
75.33%.
[3:03:29] created a loan to value of
75.33%.
So the borrower would then need
[3:03:31] 75.33%.
So the borrower would then need
To identify financing not at
[3:03:35] so the borrower would then need
To identify financing not at
100% of the sales price, but at
[3:03:37] to identify financing not at
100% of the sales price, but at
75% of the sales price, which
[3:03:38] 100% of the sales price, but at
75% of the sales price, which
Now makes the mortgage payment
[3:03:41] 75% of the sales price, which
Now makes the mortgage payment
Smaller.
[3:03:41] now makes the mortgage payment
Smaller.
And the mortgage loan smaller,
[3:03:44] smaller.
And the mortgage loan smaller,
And thus the payment smaller.
[3:03:46] and the mortgage loan smaller,
And thus the payment smaller.
The benefit of a conventional
[3:03:48] and thus the payment smaller.
The benefit of a conventional
Financing is that with
[3:03:49] the benefit of a conventional
Financing is that with
Conventional financing, which is
[3:03:51] financing is that with
Conventional financing, which is
Private financing, when the loan
[3:03:54] conventional financing, which is
Private financing, when the loan
To value is below 80%, the
[3:03:57] private financing, when the loan
To value is below 80%, the
Investor will not assess the
[3:04:00] to value is below 80%, the
Investor will not assess the
Borrower with what‘s called
[3:04:01] investor will not assess the
Borrower with what‘s called
Private mortgage insurance.
[3:04:03] borrower with what‘s called
Private mortgage insurance.
And the private mortgage
[3:04:04] private mortgage insurance.
And the private mortgage
Insurance is an insurance policy
[3:04:05] and the private mortgage
Insurance is an insurance policy
To protect the investor.
[3:04:07] insurance is an insurance policy
To protect the investor.
If the investor loses the loan
[3:04:09] to protect the investor.
If the investor loses the loan
Through mortgage default, if the
[3:04:12] if the investor loses the loan
Through mortgage default, if the
Mortgager defaulted on the loan,
[3:04:14] through mortgage default, if the
Mortgager defaulted on the loan,
The the investor is made whole
[3:04:16] mortgager defaulted on the loan,
The the investor is made whole
By this private mortgage
[3:04:17] the the investor is made whole
By this private mortgage
Insurance policy.
[3:04:18] by this private mortgage
Insurance policy.
So it‘s not benefiting the
[3:04:19] insurance policy.
So it‘s not benefiting the
Mortgager, it‘s benefiting the
[3:04:21] so it‘s not benefiting the
Mortgager, it‘s benefiting the
Investor, you know, from loss.
[3:04:22] mortgager, it‘s benefiting the
Investor, you know, from loss.
And so we we thought this was
[3:04:26] investor, you know, from loss.
And so we we thought this was
Important to convey because if
[3:04:27] and so we we thought this was
Important to convey because if
There‘s no pmi, then it makes
[3:04:30] important to convey because if
There‘s no pmi, then it makes
The housing payment smaller,
[3:04:33] there‘s no pmi, then it makes
The housing payment smaller,
Right?
[3:04:33] the housing payment smaller,
Right?
So the goal is to get the.
[3:04:34] right?
So the goal is to get the.
And then in addition to that,
[3:04:36] so the goal is to get the.
And then in addition to that,
The credit score for
[3:04:38] and then in addition to that,
The credit score for
Conventional financing starts at
[3:04:41] the credit score for
Conventional financing starts at
620.
[3:04:41] conventional financing starts at
620.
But again, this program requires
[3:04:44] 620.
But again, this program requires
640.
[3:04:44] but again, this program requires
640.
So we will.
[3:04:44] 640.
So we will.
We always convey that the
[3:04:47] so we will.
We always convey that the
Borrower should at least aim at
[3:04:49] we always convey that the
Borrower should at least aim at
A 640 score or higher, because
[3:04:51] borrower should at least aim at
A 640 score or higher, because
There are down payment programs,
[3:04:53] a 640 score or higher, because
There are down payment programs,
Including dpa, this dpa program
[3:04:55] there are down payment programs,
Including dpa, this dpa program
That requires a.
[3:04:56] including dpa, this dpa program
That requires a.
640.
[3:04:56] that requires a.
640.
So we.
[3:04:57] 640.
So we.
As a housing counseling, we.
[3:04:58] so we.
As a housing counseling, we.
We set a standard at 640 should
[3:05:00] as a housing counseling, we.
We set a standard at 640 should
Be your goal for a credit score.
[3:05:03] we set a standard at 640 should
Be your goal for a credit score.
We made assumptions on the
[3:05:05] be your goal for a credit score.
We made assumptions on the
Insurance based on the insurance
[3:05:06] we made assumptions on the
Insurance based on the insurance
Rate in austin and central texas
[3:05:09] insurance based on the insurance
Rate in austin and central texas
And the hoa.
[3:05:09] rate in austin and central texas
And the hoa.
And we looked at this obviously
[3:05:12] and the hoa.
And we looked at this obviously
As a 36 month, 30 year mortgage
[3:05:15] and we looked at this obviously
As a 36 month, 30 year mortgage
Loan to make the payment
[3:05:16] as a 36 month, 30 year mortgage
Loan to make the payment
Smaller.
[3:05:17] loan to make the payment
Smaller.
And as you can see, we use an
[3:05:18] smaller.
And as you can see, we use an
Interest rate, which is probably
[3:05:20] and as you can see, we use an
Interest rate, which is probably
Higher than the market rate.
[3:05:21] interest rate, which is probably
Higher than the market rate.
Now it‘s floating at about a
[3:05:23] higher than the market rate.
Now it‘s floating at about a
Little over 6.5%.
[3:05:24] now it‘s floating at about a
Little over 6.5%.
But, you know, we don‘t know
[3:05:25] little over 6.5%.
But, you know, we don‘t know
Where the economy is going,
[3:05:27] but, you know, we don‘t know
Where the economy is going,
Given the fact that we‘re in an
[3:05:28] where the economy is going,
Given the fact that we‘re in an
Inflationary economy.
[3:05:29] given the fact that we‘re in an
Inflationary economy.
And then we did not use a pmi
[3:05:31] inflationary economy.
And then we did not use a pmi
Rate because the pmi is recused
[3:05:35] and then we did not use a pmi
Rate because the pmi is recused
Because of the ltv being under
[3:05:38] rate because the pmi is recused
Because of the ltv being under
80%.
[3:05:39] because of the ltv being under
80%.
>> if I ever need to buy
[3:05:40] 80%.
>> if I ever need to buy
Anything.
[3:05:40] >> if I ever need to buy
Anything.
[laughter]
[3:05:41] anything.
[laughter]
Again, I need your phone number.
[3:05:43] [laughter]
Again, I need your phone number.
>> and we explained this to our
[3:05:46] again, I need your phone number.
>> and we explained this to our
Clients because we want to give
[3:05:48] >> and we explained this to our
Clients because we want to give
Our clients the benefit of the
[3:05:49] clients because we want to give
Our clients the benefit of the
Fact that they are intelligent
[3:05:51] our clients the benefit of the
Fact that they are intelligent
Enough to understand these
[3:05:52] fact that they are intelligent
Enough to understand these
Concepts.
[3:05:52] enough to understand these
Concepts.
We also explain to the clients,
[3:05:54] concepts.
We also explain to the clients,
We explained this to the client
[3:05:55] we also explain to the clients,
We explained this to the client
Because we want them to control
[3:05:56] we explained this to the client
Because we want them to control
The transaction going into the
[3:05:59] because we want them to control
The transaction going into the
Conversation with the lender and
[3:06:01] the transaction going into the
Conversation with the lender and
Realtor, explaining what I want
[3:06:03] conversation with the lender and
Realtor, explaining what I want
To spend on housing, not what
[3:06:05] realtor, explaining what I want
To spend on housing, not what
You have pre-qualified me for,
[3:06:06] to spend on housing, not what
You have pre-qualified me for,
Because you could pre-qualify
[3:06:07] you have pre-qualified me for,
Because you could pre-qualify
For more than what you can
[3:06:08] because you could pre-qualify
For more than what you can
Afford.
[3:06:08] for more than what you can
Afford.
And you need to understand these
[3:06:10] afford.
And you need to understand these
Concepts so that there‘s no bait
[3:06:13] and you need to understand these
Concepts so that there‘s no bait
And switch going on.
[3:06:13] concepts so that there‘s no bait
And switch going on.
There‘s no predatory activity
[3:06:15] and switch going on.
There‘s no predatory activity
Going on, and there tends to be
[3:06:17] there‘s no predatory activity
Going on, and there tends to be
Better service from an
[3:06:19] going on, and there tends to be
Better service from an
Intellectual capacity.
[3:06:20] better service from an
Intellectual capacity.
When a client understands these
[3:06:22] intellectual capacity.
When a client understands these
Concepts.
[3:06:23] when a client understands these
Concepts.
So our counseling services are
[3:06:25] concepts.
So our counseling services are
Pretty extensive.
[3:06:26] so our counseling services are
Pretty extensive.
The education is what it is, but
[3:06:28] pretty extensive.
The education is what it is, but
The counseling services go into
[3:06:29] the education is what it is, but
The counseling services go into
The mutia of this, and it can
[3:06:31] the counseling services go into
The mutia of this, and it can
Be 2 to 3 hours because we want
[3:06:33] the mutia of this, and it can
Be 2 to 3 hours because we want
You to understand these concepts
[3:06:35] be 2 to 3 hours because we want
You to understand these concepts
And be an active participant.
[3:06:36] you to understand these concepts
And be an active participant.
So with that understanding, the
[3:06:37] and be an active participant.
So with that understanding, the
Loan to value has been reduced
[3:06:38] so with that understanding, the
Loan to value has been reduced
To 80% and conventional
[3:06:40] loan to value has been reduced
To 80% and conventional
Financing, no pmi, we did not
[3:06:43] to 80% and conventional
Financing, no pmi, we did not
Use hoa because we don’t have
[3:06:45] financing, no pmi, we did not
Use hoa because we don’t have
That information.
[3:06:46] use hoa because we don’t have
That information.
But we do know the average hoa
[3:06:49] that information.
But we do know the average hoa
In in texas and in austin.
[3:06:51] but we do know the average hoa
In in texas and in austin.
So then the loan amount is
[3:06:54] in in texas and in austin.
So then the loan amount is
152,668, because the ltv is 75%
[3:06:57] so then the loan amount is
152,668, because the ltv is 75%
Versus what the loan amount
[3:06:58] 152,668, because the ltv is 75%
Versus what the loan amount
Would have been if the, the ltv
[3:07:02] versus what the loan amount
Would have been if the, the ltv
Was, was, was higher.
[3:07:03] would have been if the, the ltv
Was, was, was higher.
The pi is 990 20 property taxes
[3:07:07] was, was, was higher.
The pi is 990 20 property taxes
Divided by 12358, insurance 84
[3:07:11] the pi is 990 20 property taxes
Divided by 12358, insurance 84
And the mortgage payment total
[3:07:13] divided by 12358, insurance 84
And the mortgage payment total
Housing payment is 1432, which
[3:07:15] and the mortgage payment total
Housing payment is 1432, which
Is on par with rents.
[3:07:17] housing payment is 1432, which
Is on par with rents.
It actually is lower than rents.
[3:07:19] is on par with rents.
It actually is lower than rents.
Yeah.
[3:07:19] it actually is lower than rents.
Yeah.
Right.
[3:07:19] yeah.
Right.
So under this scenario, this
[3:07:22] right.
So under this scenario, this
Down payment program is making
[3:07:23] so under this scenario, this
Down payment program is making
It possible to transition
[3:07:25] down payment program is making
It possible to transition
Renters to homeowners.
[3:07:27] it possible to transition
Renters to homeowners.
>> for somebody who‘s at 65%, am
[3:07:29] renters to homeowners.
>> for somebody who‘s at 65%, am
I correct?
[3:07:30] >> for somebody who‘s at 65%, am
I correct?
>> that is correct.
[3:07:30] I correct?
>> that is correct.
And this is and I‘m glad that
[3:07:32] >> that is correct.
And this is and I‘m glad that
You brought that to bear,
[3:07:32] and this is and I‘m glad that
You brought that to bear,
Because this scenario at the
[3:07:34] you brought that to bear,
Because this scenario at the
Very bottom in red lettering,
[3:07:36] because this scenario at the
Very bottom in red lettering,
This scenario is based on
[3:07:37] very bottom in red lettering,
This scenario is based on
Someone making 65% mfi.
[3:07:39] this scenario is based on
Someone making 65% mfi.
So going back to the borrower
[3:07:43] someone making 65% mfi.
So going back to the borrower
Side, the when she conveyed the
[3:07:47] so going back to the borrower
Side, the when she conveyed the
Housing ratio, the housing ratio
[3:07:48] side, the when she conveyed the
Housing ratio, the housing ratio
Was based on the mortgage
[3:07:52] housing ratio, the housing ratio
Was based on the mortgage
Payment.
[3:07:52] was based on the mortgage
Payment.
The total housing payment
[3:07:54] payment.
The total housing payment
Divided by the gross monthly
[3:07:56] the total housing payment
Divided by the gross monthly
Income.
[3:07:57] divided by the gross monthly
Income.
So this person‘s housing ratio
[3:07:58] income.
So this person‘s housing ratio
Is lower than the housing ratio
[3:08:00] so this person‘s housing ratio
Is lower than the housing ratio
That‘s on this chart, which is
[3:08:03] is lower than the housing ratio
That‘s on this chart, which is
38%.
[3:08:03] that‘s on this chart, which is
38%.
This person‘s housing ratio was
[3:08:06] 38%.
This person‘s housing ratio was
28.22%.
[3:08:07] this person‘s housing ratio was
28.22%.
That is the percentage of their
[3:08:10] 28.22%.
That is the percentage of their
Current gross monthly income
[3:08:11] that is the percentage of their
Current gross monthly income
That‘s being used to to pay
[3:08:14] current gross monthly income
That‘s being used to to pay
Housing.
[3:08:14] that‘s being used to to pay
Housing.
So that‘s below the as a matter
[3:08:16] housing.
So that‘s below the as a matter
Of fact, hud‘s housing ratio is
[3:08:18] so that‘s below the as a matter
Of fact, hud‘s housing ratio is
Recommended that it.
[3:08:19] of fact, hud‘s housing ratio is
Recommended that it.
Don‘t be that it‘s not greater
[3:08:20] recommended that it.
Don‘t be that it‘s not greater
Than 30%.
[3:08:21] don‘t be that it‘s not greater
Than 30%.
So this housing ratio is less
[3:08:23] than 30%.
So this housing ratio is less
Than that 30% ratio.
[3:08:25] so this housing ratio is less
Than that 30% ratio.
And it‘s much less than the
[3:08:27] than that 30% ratio.
And it‘s much less than the
Standard.
[3:08:27] and it‘s much less than the
Standard.
And then the debt to income
[3:08:29] standard.
And then the debt to income
Ratio, 43%, which is the back
[3:08:31] and then the debt to income
Ratio, 43%, which is the back
End ratio in this scenario,
[3:08:33] ratio, 43%, which is the back
End ratio in this scenario,
Again, is less than the 43%.
[3:08:35] end ratio in this scenario,
Again, is less than the 43%.
It‘s 385%.
[3:08:38] again, is less than the 43%.
It‘s 385%.
So this is a healthy transaction
[3:08:40] it‘s 385%.
So this is a healthy transaction
For borrower and it creates
[3:08:43] so this is a healthy transaction
For borrower and it creates
Sustainability and it creates
[3:08:45] for borrower and it creates
Sustainability and it creates
Affordability.
[3:08:45] sustainability and it creates
Affordability.
And it also creates housing
[3:08:48] affordability.
And it also creates housing
Stability.
[3:08:48] and it also creates housing
Stability.
So that‘s the first scenario.
[3:08:51] stability.
So that‘s the first scenario.
So yes sir.
[3:08:52] so that‘s the first scenario.
So yes sir.
>> I like the process.
[3:08:55] so yes sir.
>> I like the process.
I like the logic.
[3:08:57] >> I like the process.
I like the logic.
I‘m just looking at the housing
[3:09:00] I like the logic.
I‘m just looking at the housing
Prices.
[3:09:02] I‘m just looking at the housing
Prices.
200,000 $200,000.
[3:09:05] prices.
200,000 $200,000.
>> this is based on a scenario
[3:09:07] 200,000 $200,000.
>> this is based on a scenario
Of $202,000.
[3:09:09] >> this is based on a scenario
Of $202,000.
And so when we looked at what
[3:09:12] of $202,000.
And so when we looked at what
This person could afford and
[3:09:13] and so when we looked at what
This person could afford and
What‘s available in the housing
[3:09:15] this person could afford and
What‘s available in the housing
Market, they may be able to
[3:09:17] what‘s available in the housing
Market, they may be able to
Afford a condo, a older condo or
[3:09:22] market, they may be able to
Afford a condo, a older condo or
Condominium that is in an
[3:09:24] afford a condo, a older condo or
Condominium that is in an
Affordable housing.
[3:09:26] condominium that is in an
Affordable housing.
Structure program like.
[3:09:29] affordable housing.
Structure program like.
Chestnut neighborhood, community
[3:09:34] structure program like.
Chestnut neighborhood, community
River revitalization or mueller
[3:09:36] chestnut neighborhood, community
River revitalization or mueller
Affordable housing program.
[3:09:38] river revitalization or mueller
Affordable housing program.
It.
[3:09:38] affordable housing program.
It.
It.
[3:09:38] it.
It.
It may be that they‘re buying a
[3:09:41] it.
It may be that they‘re buying a
Home or in austin community land
[3:09:43] it may be that they‘re buying a
Home or in austin community land
Trust program.
[3:09:44] home or in austin community land
Trust program.
By theay, the city of austin
[3:09:45] trust program.
By theay, the city of austin
Is developing clts in a condo
[3:09:49] by theay, the city of austin
Is developing clts in a condo
Structure.
[3:09:49] is developing clts in a condo
Structure.
So this is within those
[3:09:51] structure.
So this is within those
Structures.
[3:09:51] so this is within those
Structures.
>> so I would be wanting to put
[3:09:54] structures.
>> so I would be wanting to put
Together an asset map of places
[3:09:56] >> so I would be wanting to put
Together an asset map of places
That might because went through
[3:09:58] together an asset map of places
That might because went through
This process a couple years ago
[3:09:59] that might because went through
This process a couple years ago
With my oldest.
[3:10:00] this process a couple years ago
With my oldest.
And to get to these dollars,
[3:10:03] with my oldest.
And to get to these dollars,
They were in taylor.
[3:10:04] and to get to these dollars,
They were in taylor.
So, so, but I would want to know
[3:10:07] they were in taylor.
So, so, but I would want to know
If we are if, if, you know, you
[3:10:10] so, so, but I would want to know
If we are if, if, you know, you
Gave me some context, I‘d want
[3:10:12] if we are if, if, you know, you
Gave me some context, I‘d want
To know the developments in town
[3:10:15] gave me some context, I‘d want
To know the developments in town
That would make this possible,
[3:10:17] to know the developments in town
That would make this possible,
How far out we have to go.
[3:10:19] that would make this possible,
How far out we have to go.
Do we have to go to the other
[3:10:21] how far out we have to go.
Do we have to go to the other
Side of 183 or you mentioned
[3:10:25] do we have to go to the other
Side of 183 or you mentioned
Chestnut that.
[3:10:25] side of 183 or you mentioned
Chestnut that.
I mean, that‘s central east
[3:10:27] chestnut that.
I mean, that‘s central east
Austin, but I‘d want I‘d want to
[3:10:29] I mean, that‘s central east
Austin, but I‘d want I‘d want to
Be able to tell folks, okay,
[3:10:31] austin, but I‘d want I‘d want to
Be able to tell folks, okay,
This is possible in these areas
[3:10:34] be able to tell folks, okay,
This is possible in these areas
And these and, and, but I like
[3:10:37] this is possible in these areas
And these and, and, but I like
The formula.
[3:10:37] and these and, and, but I like
The formula.
I understand the logic.
[3:10:38] the formula.
I understand the logic.
When I saw the numbers, I almost
[3:10:40] I understand the logic.
When I saw the numbers, I almost
Fell out of my chair, though.
[3:10:41] when I saw the numbers, I almost
Fell out of my chair, though.
So I just.
[3:10:43] fell out of my chair, though.
So I just.
So I just want to make sure
[3:10:46] so I just.
So I just want to make sure
That, that, that we know that
[3:10:49] so I just want to make sure
That, that, that we know that
We‘re thinking about spaces
[3:10:51] that, that, that we know that
We‘re thinking about spaces
Where this can happen.
[3:10:52] we‘re thinking about spaces
Where this can happen.
>> that‘s right.
[3:10:53] where this can happen.
>> that‘s right.
That has been a challenge.
[3:10:54] >> that‘s right.
That has been a challenge.
It is that has absolutely been a
[3:10:57] that has been a challenge.
It is that has absolutely been a
Challenge.
[3:10:57] it is that has absolutely been a
Challenge.
Do you think, joyce, just to be
[3:10:59] challenge.
Do you think, joyce, just to be
Considerate of time, maybe we
[3:11:01] do you think, joyce, just to be
Considerate of time, maybe we
Could ip over the 80% and talk
[3:11:02] considerate of time, maybe we
Could ip over the 80% and talk
About the 50%.
[3:11:03] could ip over the 80% and talk
About the 50%.
We scenario.
[3:11:04] about the 50%.
We scenario.
So it‘ll tie into.
[3:11:05] we scenario.
So it‘ll tie into.
>> absolutely.
[3:11:06] so it‘ll tie into.
>> absolutely.
And just keep keep in mind that
[3:11:08] >> absolutely.
And just keep keep in mind that
This scenario would have created
[3:11:10] and just keep keep in mind that
This scenario would have created
A, a larger sales price if the
[3:11:13] this scenario would have created
A, a larger sales price if the
Down payment subsidy was
[3:11:15] a, a larger sales price if the
Down payment subsidy was
Greater.
[3:11:15] down payment subsidy was
Greater.
This was an example based on
[3:11:18] greater.
This was an example based on
5000.
[3:11:18] this was an example based on
5000.
If they had 75,000, that sales
[3:11:20] 5000.
If they had 75,000, that sales
Price may have looked like mid
[3:11:24] if they had 75,000, that sales
Price may have looked like mid
$200,000.
[3:11:24] price may have looked like mid
$200,000.
>> that‘s correct.
[3:11:24] $200,000.
>> that‘s correct.
>> I also think given time, I
[3:11:26] >> that‘s correct.
>> I also think given time, I
Don‘t know that we need to walk
[3:11:28] >> I also think given time, I
Don‘t know that we need to walk
Through another one.
[3:11:29] don‘t know that we need to walk
Through another one.
Okay.
[3:11:29] through another one.
Okay.
Because I mean, I sort of get.
[3:11:32] okay.
Because I mean, I sort of get.
>> yeah.
[3:11:32] because I mean, I sort of get.
>> yeah.
>> we.
[3:11:33] >> yeah.
>> we.
>> got the form constructed it.
[3:11:34] >> we.
>> got the form constructed it.
Yeah.
[3:11:35] >> got the form constructed it.
Yeah.
>> yeah, yeah.
[3:11:35] yeah.
>> yeah, yeah.
Perfect.
[3:11:36] >> yeah, yeah.
Perfect.
But I‘m glad you were here to do
[3:11:37] perfect.
But I‘m glad you were here to do
That.
[3:11:37] but I‘m glad you were here to do
That.
>> yeah, exactly.
[3:11:39] that.
>> yeah, exactly.
That was.
[3:11:39] >> yeah, exactly.
That was.
>> very expert.
[3:11:40] that was.
>> very expert.
>> yeah.
[3:11:40] >> very expert.
>> yeah.
>> thank you.
[3:11:41] >> yeah.
>> thank you.
>> thank you.
[3:11:42] >> thank you.
>> thank you.
And I have a meeting at.
[3:11:44] >> thank you.
And I have a meeting at.
[laughter]
[3:11:44] and I have a meeting at.
[laughter]
530.
[3:11:44] [laughter]
530.
>> okay?
[3:11:44] 530.
>> okay?
Okay.
[3:11:45] >> okay?
Okay.
Okay.
[3:11:45] okay.
Okay.
>> so, you know, framework cdc
[3:11:48] okay.
>> so, you know, framework cdc
Has been around for 20 going on
[3:11:50] >> so, you know, framework cdc
Has been around for 20 going on
24 years.
[3:11:50] has been around for 20 going on
24 years.
We incorporated in december
[3:11:52] 24 years.
We incorporated in december
2004.
[3:11:53] we incorporated in december
2004.
We provide you can flip this
[3:11:55] 2004.
We provide you can flip this
Slide for the sake of time.
[3:11:57] we provide you can flip this
Slide for the sake of time.
Our mission is providing safe,
[3:12:01] slide for the sake of time.
Our mission is providing safe,
Sustainable, decent, affordable
[3:12:02] our mission is providing safe,
Sustainable, decent, affordable
Housing through education,
[3:12:03] sustainable, decent, affordable
Housing through education,
Housing, counseling.
[3:12:04] housing through education,
Housing, counseling.
Foreclosure prevention,
[3:12:07] housing, counseling.
Foreclosure prevention,
Counseling.
[3:12:07] foreclosure prevention,
Counseling.
We‘ve very successful in the
[3:12:09] counseling.
We‘ve very successful in the
Foreclosure prevention
[3:12:10] we‘ve very successful in the
Foreclosure prevention
Counseling, working with
[3:12:12] foreclosure prevention
Counseling, working with
Mortgages, work with their
[3:12:13] counseling, working with
Mortgages, work with their
Servicers to present a packet to
[3:12:15] mortgages, work with their
Servicers to present a packet to
Underwriting.
[3:12:15] servicers to present a packet to
Underwriting.
We know how to put those packets
[3:12:16] underwriting.
We know how to put those packets
Together that they so that they
[3:12:18] we know how to put those packets
Together that they so that they
Go straight to underwriting and
[3:12:20] together that they so that they
Go straight to underwriting and
They are considered for
[3:12:23] go straight to underwriting and
They are considered for
Restructuring the note through a
[3:12:24] they are considered for
Restructuring the note through a
Mortgage modification for
[3:12:26] restructuring the note through a
Mortgage modification for
Sustainability, we‘re able to
[3:12:27] mortgage modification for
Sustainability, we‘re able to
Move forward with homeowners
[3:12:30] sustainability, we‘re able to
Move forward with homeowners
With moratoriums and
[3:12:32] move forward with homeowners
With moratoriums and
Forbearance, plan to give them
[3:12:33] with moratoriums and
Forbearance, plan to give them
Time to get, you know, earn
[3:12:35] forbearance, plan to give them
Time to get, you know, earn
Income or whatever the default
[3:12:36] time to get, you know, earn
Income or whatever the default
Is.
[3:12:36] income or whatever the default
Is.
So we‘re very successful in that
[3:12:38] is.
So we‘re very successful in that
Space as well.
[3:12:39] so we‘re very successful in that
Space as well.
Our program is low to moderate
[3:12:42] space as well.
Our program is low to moderate
Income.
[3:12:42] our program is low to moderate
Income.
And so we fit right into the
[3:12:45] income.
And so we fit right into the
Income demographic for both
[3:12:47] and so we fit right into the
Income demographic for both
Programs.
[3:12:47] income demographic for both
Programs.
You can flip the slide please.
[3:12:49] programs.
You can flip the slide please.
Thank you.
[3:12:49] you can flip the slide please.
Thank you.
>> so much.
[3:12:49] thank you.
>> so much.
It‘s great to know about you.
[3:12:50] >> so much.
It‘s great to know about you.
Are we referring people to you
[3:12:52] it‘s great to know about you.
Are we referring people to you
Who are who we‘re coming across,
[3:12:54] are we referring people to you
Who are who we‘re coming across,
Who are in danger of losing
[3:12:56] who are who we‘re coming across,
Who are in danger of losing
Their homes, bankruptcy or
[3:12:58] who are in danger of losing
Their homes, bankruptcy or
Foreclosure or whatever.
[3:12:59] their homes, bankruptcy or
Foreclosure or whatever.
>> clients should be coming to
[3:13:01] foreclosure or whatever.
>> clients should be coming to
Us for those services because we
[3:13:04] >> clients should be coming to
Us for those services because we
Were told, we were told many,
[3:13:05] us for those services because we
Were told, we were told many,
Many years by servicers that we
[3:13:07] were told, we were told many,
Many years by servicers that we
Pretty much underwrite the loan.
[3:13:09] many years by servicers that we
Pretty much underwrite the loan.
So when the loan gets to loss
[3:13:11] pretty much underwrite the loan.
So when the loan gets to loss
Mitigation, it is passed and
[3:13:12] so when the loan gets to loss
Mitigation, it is passed and
It‘s reviewed.
[3:13:13] mitigation, it is passed and
It‘s reviewed.
Our packets go straight to
[3:13:14] it‘s reviewed.
Our packets go straight to
Underwriting.
[3:13:15] our packets go straight to
Underwriting.
Yeah.
[3:13:15] underwriting.
Yeah.
So and that‘s because of the
[3:13:17] yeah.
So and that‘s because of the
Strength of knowledge we have on
[3:13:18] so and that‘s because of the
Strength of knowledge we have on
The front end.
[3:13:21] strength of knowledge we have on
The front end.
We also have see what‘s there.
[3:13:26] the front end.
We also have see what‘s there.
Okay.
[3:13:26] we also have see what‘s there.
Okay.
So we do have a small rental
[3:13:29] okay.
So we do have a small rental
Portfolio.
[3:13:29] so we do have a small rental
Portfolio.
We purchased.
[3:13:30] portfolio.
We purchased.
So we are a non profit real
[3:13:32] we purchased.
So we are a non profit real
Estate corporation as well.
[3:13:33] so we are a non profit real
Estate corporation as well.
And so we became a real estate
[3:13:35] estate corporation as well.
And so we became a real estate
Corporation because in times of
[3:13:37] and so we became a real estate
Corporation because in times of
Recession, when property values
[3:13:39] corporation because in times of
Recession, when property values
Plummet, such as what happened
[3:13:41] recession, when property values
Plummet, such as what happened
During the mortgage crisis in
[3:13:42] plummet, such as what happened
During the mortgage crisis in
2008, which led to the recession
[3:13:44] during the mortgage crisis in
2008, which led to the recession
Beuse of high financial
[3:13:46] 2008, which led to the recession
Beuse of high financial
Deregulation, we wanted to go
[3:13:47] beuse of high financial
Deregulation, we wanted to go
Into communities within central
[3:13:49] deregulation, we wanted to go
Into communities within central
Texas and start acquiring single
[3:13:51] into communities within central
Texas and start acquiring single
Family condominiums from banking
[3:13:53] texas and start acquiring single
Family condominiums from banking
Institutions at low prices.
[3:13:55] family condominiums from banking
Institutions at low prices.
These are clients that did not
[3:13:56] institutions at low prices.
These are clients that did not
Know about our agency.
[3:13:58] these are clients that did not
Know about our agency.
We wanted to prevent these
[3:13:59] know about our agency.
We wanted to prevent these
Neighborhoods from becoming
[3:14:00] we wanted to prevent these
Neighborhoods from becoming
Investor neighborhoods, and
[3:14:01] neighborhoods from becoming
Investor neighborhoods, and
These neighborhoods being
[3:14:03] investor neighborhoods, and
These neighborhoods being
Converted to rental communities,
[3:14:04] these neighborhoods being
Converted to rental communities,
As opposed to homeownership
[3:14:06] converted to rental communities,
As opposed to homeownership
Communities.
[3:14:07] as opposed to homeownership
Communities.
We wanted to avoid vandalism and
[3:14:10] communities.
We wanted to avoid vandalism and
Also help to keep some equity in
[3:14:12] we wanted to avoid vandalism and
Also help to keep some equity in
The homes of those homeowners
[3:14:14] also help to keep some equity in
The homes of those homeowners
Who still own their homes.
[3:14:15] the homes of those homeowners
Who still own their homes.
And so we during that time, we
[3:14:19] who still own their homes.
And so we during that time, we
Collaborated with several
[3:14:20] and so we during that time, we
Collaborated with several
Financiers to to provide lines
[3:14:23] collaborated with several
Financiers to to provide lines
Of credit with private
[3:14:25] financiers to to provide lines
Of credit with private
Financing, banking institutions,
[3:14:27] of credit with private
Financing, banking institutions,
Etc. And we negotiated with
[3:14:28] financing, banking institutions,
Etc. And we negotiated with
These banking institutions to
[3:14:29] etc. And we negotiated with
These banking institutions to
Either receive properties as
[3:14:31] these banking institutions to
Either receive properties as
Donations or buy them pennies on
[3:14:33] either receive properties as
Donations or buy them pennies on
The dollar we negotiated.
[3:14:35] donations or buy them pennies on
The dollar we negotiated.
So we were buying properties
[3:14:37] the dollar we negotiated.
So we were buying properties
$40,000, $60,000, condos at
[3:14:40] so we were buying properties
$40,000, $60,000, condos at
$12,000, $25,000.
[3:14:42] $40,000, $60,000, condos at
$12,000, $25,000.
And we renovated those
[3:14:43] $12,000, $25,000.
And we renovated those
Properties.
[3:14:44] and we renovated those
Properties.
>> like a.
[3:14:44] properties.
>> like a.
[laughter]
[3:14:45] >> like a.
[laughter]
Superhero.
[3:14:45] [laughter]
Superhero.
>> and we sold those properties
[3:14:48] superhero.
>> and we sold those properties
We didn‘t have to list, although
[3:14:49] >> and we sold those properties
We didn‘t have to list, although
We could have listed those
[3:14:50] we didn‘t have to list, although
We could have listed those
Properties, we knew we were
[3:14:51] we could have listed those
Properties, we knew we were
Going to sell those properties
[3:14:52] properties, we knew we were
Going to sell those properties
On the market.
[3:14:53] going to sell those properties
On the market.
So we kept them off the mls, not
[3:14:54] on the market.
So we kept them off the mls, not
To misconstrue the cops.
[3:14:56] so we kept them off the mls, not
To misconstrue the cops.
And we went to our database of
[3:14:58] to misconstrue the cops.
And we went to our database of
Clients that graduated from our
[3:15:00] and we went to our database of
Clients that graduated from our
Program, but they couldn‘t
[3:15:01] clients that graduated from our
Program, but they couldn‘t
Afford during a high economic,
[3:15:06] program, but they couldn‘t
Afford during a high economic,
High level economic industry or
[3:15:10] afford during a high economic,
High level economic industry or
And we actually sent out a
[3:15:14] high level economic industry or
And we actually sent out a
Solicitation of our properties.
[3:15:15] and we actually sent out a
Solicitation of our properties.
And we got a boatload of clients
[3:15:17] solicitation of our properties.
And we got a boatload of clients
That graduated.
[3:15:17] and we got a boatload of clients
That graduated.
They came back, they retook the
[3:15:20] that graduated.
They came back, they retook the
Class in counseling.
[3:15:21] they came back, they retook the
Class in counseling.
We offered closing costs of 5 to
[3:15:25] class in counseling.
We offered closing costs of 5 to
$8000.
[3:15:26] we offered closing costs of 5 to
$8000.
We paid their owner title
[3:15:27] $8000.
We paid their owner title
Insurance policy.
[3:15:28] we paid their owner title
Insurance policy.
We provided them with a home
[3:15:31] insurance policy.
We provided them with a home
Warranty, and we sold the
[3:15:32] we provided them with a home
Warranty, and we sold the
Property 5000 below what we
[3:15:35] warranty, and we sold the
Property 5000 below what we
Could have listed it for so that
[3:15:36] property 5000 below what we
Could have listed it for so that
They were buying a home with
[3:15:37] could have listed it for so that
They were buying a home with
Equity.
[3:15:38] they were buying a home with
Equity.
And, and then we actually did a,
[3:15:41] equity.
And, and then we actually did a,
An assessment of what the
[3:15:45] and, and then we actually did a,
An assessment of what the
Retention rate of those clients.
[3:15:46] an assessment of what the
Retention rate of those clients.
And just to give you an example,
[3:15:49] retention rate of those clients.
And just to give you an example,
We didn‘t we didn‘t provide
[3:15:50] and just to give you an example,
We didn‘t we didn‘t provide
This.
[3:15:50] we didn‘t we didn‘t provide
This.
But for example, in 2011, we
[3:15:55] this.
But for example, in 2011, we
Sold a property to one of these
[3:15:57] but for example, in 2011, we
Sold a property to one of these
Buyers at 131,000.
[3:15:59] sold a property to one of these
Buyers at 131,000.
They still own the home, and the
[3:16:02] buyers at 131,000.
They still own the home, and the
Home is worth $358,000.
[3:16:04] they still own the home, and the
Home is worth $358,000.
>> wow.
[3:16:05] home is worth $358,000.
>> wow.
Fabulous.
[3:16:06] >> wow.
Fabulous.
>> this is this is the way that
[3:16:08] fabulous.
>> this is this is the way that
We wanted to create legacy.
[3:16:10] >> this is this is the way that
We wanted to create legacy.
And we wanted to create the
[3:16:13] we wanted to create legacy.
And we wanted to create the
Opportunity for this to be an
[3:16:16] and we wanted to create the
Opportunity for this to be an
Asset that can be transferred,
[3:16:18] opportunity for this to be an
Asset that can be transferred,
Transferred from generation to
[3:16:19] asset that can be transferred,
Transferred from generation to
Generation.
[3:16:19] transferred from generation to
Generation.
We had a client that bought a
[3:16:21] generation.
We had a client that bought a
Home in 2000, one of our homes
[3:16:23] we had a client that bought a
Home in 2000, one of our homes
In 2013.
[3:16:24] home in 2000, one of our homes
In 2013.
These homes were were purchased
[3:16:26] in 2013.
These homes were were purchased
In austin.
[3:16:27] these homes were were purchased
In austin.
So we bought homes in austin,
[3:16:30] in austin.
So we bought homes in austin,
Bastrop del valley, and
[3:16:33] so we bought homes in austin,
Bastrop del valley, and
Pflugerville, round rock and and
[3:16:37] bastrop del valley, and
Pflugerville, round rock and and
Buda.
[3:16:37] pflugerville, round rock and and
Buda.
So we focused on central texas.
[3:16:40] buda.
So we focused on central texas.
We had a client that purchased a
[3:16:42] so we focused on central texas.
We had a client that purchased a
Home in 20 13, $95,000.
[3:16:45] we had a client that purchased a
Home in 20 13, $95,000.
When they sold the property in
[3:16:48] home in 20 13, $95,000.
When they sold the property in
2017, they sold it for 289,905.
[3:16:52] when they sold the property in
2017, they sold it for 289,905.
So and this is this was just a
[3:16:57] 2017, they sold it for 289,905.
So and this is this was just a
Sampling out of the sampling of
[3:16:59] so and this is this was just a
Sampling out of the sampling of
38 homes.
[3:17:00] sampling out of the sampling of
38 homes.
We did a sampling of half and
[3:17:02] 38 homes.
We did a sampling of half and
More than half of these
[3:17:03] we did a sampling of half and
More than half of these
Homeowners who bought between
[3:17:05] more than half of these
Homeowners who bought between
2011, 2012, 2013.
[3:17:07] homeowners who bought between
2011, 2012, 2013.
They still own their homes.
[3:17:09] 2011, 2012, 2013.
They still own their homes.
So that‘s a that‘s a very strong
[3:17:12] they still own their homes.
So that‘s a that‘s a very strong
Statistic.
[3:17:13] so that‘s a that‘s a very strong
Statistic.
And then without going over
[3:17:15] statistic.
And then without going over
This, this is from hud, which
[3:17:18] and then without going over
This, this is from hud, which
Conveys if a client goes through
[3:17:19] this, this is from hud, which
Conveys if a client goes through
Homebuyer education, housing,
[3:17:21] conveys if a client goes through
Homebuyer education, housing,
Counseling, you know, they end
[3:17:23] homebuyer education, housing,
Counseling, you know, they end
Up, you know, managing the
[3:17:24] counseling, you know, they end
Up, you know, managing the
Property, they are better
[3:17:26] up, you know, managing the
Property, they are better
Savers.
[3:17:26] property, they are better
Savers.
They understand the dynamics of
[3:17:29] savers.
They understand the dynamics of
Keeping their home because the
[3:17:31] they understand the dynamics of
Keeping their home because the
Counseling allowed them to learn
[3:17:32] keeping their home because the
Counseling allowed them to learn
The discipline.
[3:17:33] counseling allowed them to learn
The discipline.
With financial management, we
[3:17:34] the discipline.
With financial management, we
Talk about various investment
[3:17:37] with financial management, we
Talk about various investment
Products that they should
[3:17:38] talk about various investment
Products that they should
Consider increasing the value of
[3:17:40] products that they should
Consider increasing the value of
Their assets, their savings, and
[3:17:43] consider increasing the value of
Their assets, their savings, and
Other products that they could
[3:17:44] their assets, their savings, and
Other products that they could
Consider, and creating a savings
[3:17:47] other products that they could
Consider, and creating a savings
For emergencies.
[3:17:48] consider, and creating a savings
For emergencies.
So they go out with that
[3:17:50] for emergencies.
So they go out with that
Understanding.
[3:17:50] so they go out with that
Understanding.
And that‘s why we have the
[3:17:51] understanding.
And that‘s why we have the
Outcomes with the buyers that we
[3:17:53] and that‘s why we have the
Outcomes with the buyers that we
Had from our acquisition of
[3:17:55] outcomes with the buyers that we
Had from our acquisition of
Rehabilitation program.
[3:17:56] had from our acquisition of
Rehabilitation program.
So without further ado.
[3:17:58] rehabilitation program.
So without further ado.
>> you have programs like this
[3:17:59] so without further ado.
>> you have programs like this
For young people who believe
[3:18:00] >> you have programs like this
For young people who believe
That they could never own a home
[3:18:02] for young people who believe
That they could never own a home
Because they don‘t think they
[3:18:03] that they could never own a home
Because they don‘t think they
Earn enough money.
[3:18:03] because they don‘t think they
Earn enough money.
>> yeah.
[3:18:04] earn enough money.
>> yeah.
>> I mean, we contact you and.
[3:18:05] >> yeah.
>> I mean, we contact you and.
>> we literally, I mean, our
[3:18:07] >> I mean, we contact you and.
>> we literally, I mean, our
Clients, they couldn‘t believe
[3:18:09] >> we literally, I mean, our
Clients, they couldn‘t believe
That this opportunity had had
[3:18:11] clients, they couldn‘t believe
That this opportunity had had
Because unfortunately, a
[3:18:12] that this opportunity had had
Because unfortunately, a
Recession is damaging to some,
[3:18:14] because unfortunately, a
Recession is damaging to some,
But it becomes an opportunity
[3:18:16] recession is damaging to some,
But it becomes an opportunity
For others, right?
[3:18:17] but it becomes an opportunity
For others, right?
I mean, it just, you know, it
[3:18:18] for others, right?
I mean, it just, you know, it
Kind of balances the scales.
[3:18:19] I mean, it just, you know, it
Kind of balances the scales.
So the folks that are sitting on
[3:18:20] kind of balances the scales.
So the folks that are sitting on
The sideline, they now get to
[3:18:21] so the folks that are sitting on
The sideline, they now get to
Come to the forefront and
[3:18:23] the sideline, they now get to
Come to the forefront and
Realize the american dream.
[3:18:24] come to the forefront and
Realize the american dream.
And we want to make sure that
[3:18:26] realize the american dream.
And we want to make sure that
They understand that it‘s not
[3:18:27] and we want to make sure that
They understand that it‘s not
Just attaining, but it‘s
[3:18:30] they understand that it‘s not
Just attaining, but it‘s
Sustainability, because this is
[3:18:31] just attaining, but it‘s
Sustainability, because this is
Your wealth, this is your asset
[3:18:33] sustainability, because this is
Your wealth, this is your asset
And this is your legacy.
[3:18:34] your wealth, this is your asset
And this is your legacy.
So that‘s our that‘s our theory.
[3:18:36] and this is your legacy.
So that‘s our that‘s our theory.
>> thanks.
[3:18:36] so that‘s our that‘s our theory.
>> thanks.
>> so without further ado, I‘ll.
[3:18:38] >> thanks.
>> so without further ado, I‘ll.
>> turn it back over to.
[3:18:38] >> so without further ado, I‘ll.
>> turn it back over to.
>> excellent.
[3:18:38] >> turn it back over to.
>> excellent.
>> and thank you.
[3:18:39] >> excellent.
>> and thank you.
I‘ll pass the.
[3:18:40] >> and thank you.
I‘ll pass the.
Thank you.
[3:18:41] I‘ll pass the.
Thank you.
Pass it on to to brenda.
[3:18:42] thank you.
Pass it on to to brenda.
Thank you joyce.
[3:18:43] pass it on to to brenda.
Thank you joyce.
>> thank you.
[3:18:44] thank you joyce.
>> thank you.
Good afternoon commissioners.
[3:18:46] >> thank you.
Good afternoon commissioners.
I will give a brief overview on
[3:18:47] good afternoon commissioners.
I will give a brief overview on
The family self-sufficiency
[3:18:49] I will give a brief overview on
The family self-sufficiency
Program at hatzi.
[3:18:50] the family self-sufficiency
Program at hatzi.
It is a voluntary program.
[3:18:53] program at hatzi.
It is a voluntary program.
It‘s a five year commitment.
[3:18:55] it is a voluntary program.
It‘s a five year commitment.
And the families have to set
[3:18:58] it‘s a five year commitment.
And the families have to set
Goals with an itsp.
[3:18:59] and the families have to set
Goals with an itsp.
And that‘s an individual
[3:19:01] goals with an itsp.
And that‘s an individual
Training and services plan.
[3:19:02] and that‘s an individual
Training and services plan.
So some of the support that the
[3:19:06] training and services plan.
So some of the support that the
Participants receive, it‘s
[3:19:07] so some of the support that the
Participants receive, it‘s
Related to their goals, which
[3:19:09] participants receive, it‘s
Related to their goals, which
Could be employment, education
[3:19:11] related to their goals, which
Could be employment, education
And training, financial
[3:19:13] could be employment, education
And training, financial
Resources and childcare
[3:19:14] and training, financial
Resources and childcare
Assistance.
[3:19:15] resources and childcare
Assistance.
Those are just some of the few.
[3:19:16] assistance.
Those are just some of the few.
The way the program works, once
[3:19:18] those are just some of the few.
The way the program works, once
The participant enrolls into the
[3:19:21] the way the program works, once
The participant enrolls into the
Family self-sufficiency program,
[3:19:23] the participant enrolls into the
Family self-sufficiency program,
Whatever their income is during
[3:19:25] family self-sufficiency program,
Whatever their income is during
That time, that‘s going to be
[3:19:26] whatever their income is during
That time, that‘s going to be
Their baseline.
[3:19:27] that time, that‘s going to be
Their baseline.
And as their income grows due to
[3:19:30] their baseline.
And as their income grows due to
Employment, they can potentially
[3:19:32] and as their income grows due to
Employment, they can potentially
Earn an escrow credit.
[3:19:33] employment, they can potentially
Earn an escrow credit.
So then the participants can
[3:19:36] earn an escrow credit.
So then the participants can
Have, you know, a really good
[3:19:37] so then the participants can
Have, you know, a really good
Amount of savings after their
[3:19:39] have, you know, a really good
Amount of savings after their
Five year contract.
[3:19:40] amount of savings after their
Five year contract.
And often they use that savings
[3:19:43] five year contract.
And often they use that savings
To pursue homeownership.
[3:19:45] and often they use that savings
To pursue homeownership.
Next slide please.
[3:19:47] to pursue homeownership.
Next slide please.
The family self-sufficiency
[3:19:50] next slide please.
The family self-sufficiency
Program at hatzi.
[3:19:50] the family self-sufficiency
Program at hatzi.
It‘s quite new.
[3:19:51] program at hatzi.
It‘s quite new.
It launched last year, april 1st
[3:19:53] it‘s quite new.
It launched last year, april 1st
Of 2025.
[3:19:54] it launched last year, april 1st
Of 2025.
And right now we have 30
[3:19:57] of 2025.
And right now we have 30
Participants that are currently
[3:19:58] and right now we have 30
Participants that are currently
Enrolled and they‘re working on
[3:19:59] participants that are currently
Enrolled and they‘re working on
Goals.
[3:19:59] enrolled and they‘re working on
Goals.
A lot of them are pursuing
[3:20:03] goals.
A lot of them are pursuing
Education, college degrees or
[3:20:04] a lot of them are pursuing
Education, college degrees or
Starting off with, you know,
[3:20:06] education, college degrees or
Starting off with, you know,
Obtaining their ged, which is
[3:20:07] starting off with, you know,
Obtaining their ged, which is
Really important.
[3:20:08] obtaining their ged, which is
Really important.
Others are already repairing
[3:20:11] really important.
Others are already repairing
Their credit, and they‘re on the
[3:20:12] others are already repairing
Their credit, and they‘re on the
Path to homeownership.
[3:20:14] their credit, and they‘re on the
Path to homeownership.
So I very grateful for this
[3:20:16] path to homeownership.
So I very grateful for this
Opportunity.
[3:20:16] so I very grateful for this
Opportunity.
The 11 out of the 30
[3:20:20] opportunity.
The 11 out of the 30
Participants are currently
[3:20:22] the 11 out of the 30
Participants are currently
Earning escrow, meaning that
[3:20:23] participants are currently
Earning escrow, meaning that
They have increased their earned
[3:20:24] earning escrow, meaning that
They have increased their earned
Income due to employment.
[3:20:26] they have increased their earned
Income due to employment.
And that has been an annual
[3:20:28] income due to employment.
And that has been an annual
Income increase of about over
[3:20:31] and that has been an annual
Income increase of about over
$14,000.
[3:20:31] income increase of about over
$14,000.
And they‘re building financial
[3:20:35] $14,000.
And they‘re building financial
Stability right now while
[3:20:36] and they‘re building financial
Stability right now while
They‘re in the program.
[3:20:37] stability right now while
They‘re in the program.
And they‘ll continue to accrue
[3:20:38] they‘re in the program.
And they‘ll continue to accrue
Escrow if they continue to raise
[3:20:43] and they‘ll continue to accrue
Escrow if they continue to raise
Their earned income.
[3:20:44] escrow if they continue to raise
Their earned income.
Now, I was looking through our
[3:20:47] their earned income.
Now, I was looking through our
Data, and I‘m happy to report
[3:20:48] now, I was looking through our
Data, and I‘m happy to report
That 19 of the 30 participants
[3:20:50] data, and I‘m happy to report
That 19 of the 30 participants
That are currently enrolled are
[3:20:53] that 19 of the 30 participants
That are currently enrolled are
Interested in pursuing
[3:20:55] that are currently enrolled are
Interested in pursuing
Homeownership, and that is one
[3:20:55] interested in pursuing
Homeownership, and that is one
Of their main goals.
[3:20:56] homeownership, and that is one
Of their main goals.
And also the employment goal.
[3:20:59] of their main goals.
And also the employment goal.
So they are actively working on
[3:21:02] and also the employment goal.
So they are actively working on
This homeownership goal by
[3:21:04] so they are actively working on
This homeownership goal by
Preparing by preparing their
[3:21:05] this homeownership goal by
Preparing by preparing their
Credit and by building savings
[3:21:08] preparing by preparing their
Credit and by building savings
And the savings.
[3:21:09] credit and by building savings
And the savings.
It‘s escrow savings, and it‘s
[3:21:11] and the savings.
It‘s escrow savings, and it‘s
Their own personal savings.
[3:21:13] it‘s escrow savings, and it‘s
Their own personal savings.
So then this makes me so happy
[3:21:16] their own personal savings.
So then this makes me so happy
Because I believe that this
[3:21:18] so then this makes me so happy
Because I believe that this
Program, it‘s we‘re bridging to
[3:21:20] because I believe that this
Program, it‘s we‘re bridging to
Homeownership with the down
[3:21:21] program, it‘s we‘re bridging to
Homeownership with the down
Payment assistance, the escrow
[3:21:22] homeownership with the down
Payment assistance, the escrow
Savings and the personal
[3:21:24] payment assistance, the escrow
Savings and the personal
Savings.
[3:21:24] savings and the personal
Savings.
It reduces the upfront cost
[3:21:27] savings.
It reduces the upfront cost
Barriers and accelerates the
[3:21:30] it reduces the upfront cost
Barriers and accelerates the
Path to homeownership.
[3:21:31] barriers and accelerates the
Path to homeownership.
Thank you so much for your time,
[3:21:34] path to homeownership.
Thank you so much for your time,
Commissioners.
[3:21:34] thank you so much for your time,
Commissioners.
>> and this is a 30 participants
[3:21:36] commissioners.
>> and this is a 30 participants
Who are residents of hatzi
[3:21:37] >> and this is a 30 participants
Who are residents of hatzi
Housing now.
[3:21:38] who are residents of hatzi
Housing now.
>> yes, ma‘am.
[3:21:39] housing now.
>> yes, ma‘am.
>> so 19 of them, 19 of the 30
[3:21:42] >> yes, ma‘am.
>> so 19 of them, 19 of the 30
Qualified or expressed an
[3:21:43] >> so 19 of them, 19 of the 30
Qualified or expressed an
Interest.
[3:21:43] qualified or expressed an
Interest.
>> 19 of them have homeownership
[3:21:46] interest.
>> 19 of them have homeownership
As their goal on their contract
[3:21:48] >> 19 of them have homeownership
As their goal on their contract
At the moment.
[3:21:48] as their goal on their contract
At the moment.
And they‘re actively working on
[3:21:51] at the moment.
And they‘re actively working on
Repairing their credit or
[3:21:52] and they‘re actively working on
Repairing their credit or
Increasing their earned income,
[3:21:53] repairing their credit or
Increasing their earned income,
Just getting connected to
[3:21:55] increasing their earned income,
Just getting connected to
Resources to improve their
[3:21:58] just getting connected to
Resources to improve their
Situation.
[3:21:58] resources to improve their
Situation.
>> when you say on their
[3:21:59] situation.
>> when you say on their
Contract, that‘s their housing
[3:22:00] >> when you say on their
Contract, that‘s their housing
Contract.
[3:22:00] contract, that‘s their housing
Contract.
>> it‘s a contract with the
[3:22:02] contract.
>> it‘s a contract with the
Family self-sufficiency program.
[3:22:04] >> it‘s a contract with the
Family self-sufficiency program.
>> so they‘re in that program to
[3:22:05] family self-sufficiency program.
>> so they‘re in that program to
Just improve their financial
[3:22:07] >> so they‘re in that program to
Just improve their financial
Literacy.
[3:22:07] just improve their financial
Literacy.
And about more than half have
[3:22:10] literacy.
And about more than half have
Identified homeownership.
[3:22:10] and about more than half have
Identified homeownership.
Yes.
[3:22:11] identified homeownership.
Yes.
That‘s great.
[3:22:11] yes.
That‘s great.
>> well, that‘s.
[3:22:12] that‘s great.
>> well, that‘s.
>> it‘s very positive feedback
[3:22:15] >> well, that‘s.
>> it‘s very positive feedback
From you.
[3:22:15] >> it‘s very positive feedback
From you.
All this really kind of makes
[3:22:18] from you.
All this really kind of makes
You change your, your mind about
[3:22:21] all this really kind of makes
You change your, your mind about
All the bad stories that are
[3:22:23] you change your, your mind about
All the bad stories that are
Going on.
[3:22:23] all the bad stories that are
Going on.
And this is very, very, very
[3:22:26] going on.
And this is very, very, very
Good.
[3:22:26] and this is very, very, very
Good.
Thank you all so much.
[3:22:27] good.
Thank you all so much.
>> thank you.
[3:22:28] thank you all so much.
>> thank you.
So my question is, do you have
[3:22:30] >> thank you.
So my question is, do you have
To live in hatzi in order to
[3:22:34] so my question is, do you have
To live in hatzi in order to
Participate in this program?
[3:22:35] to live in hatzi in order to
Participate in this program?
>> yes, sir.
[3:22:36] participate in this program?
>> yes, sir.
You do need to be a hatzi
[3:22:38] >> yes, sir.
You do need to be a hatzi
Resident under the housing
[3:22:39] you do need to be a hatzi
Resident under the housing
Choice voucher program or the
[3:22:42] resident under the housing
Choice voucher program or the
Pbra.
[3:22:42] choice voucher program or the
Pbra.
Those are the folks that live at
[3:22:44] pbra.
Those are the folks that live at
The hatzi properties.
[3:22:45] those are the folks that live at
The hatzi properties.
>> so are there any comparable
[3:22:49] the hatzi properties.
>> so are there any comparable
Programs for folks who are not
[3:22:53] >> so are there any comparable
Programs for folks who are not
Residents?
[3:22:53] programs for folks who are not
Residents?
And, and hatzi?
[3:22:54] residents?
And, and hatzi?
I see a lot of kids coming out
[3:22:56] and, and hatzi?
I see a lot of kids coming out
Of coming out of college and,
[3:22:59] I see a lot of kids coming out
Of coming out of college and,
You know, and have not been
[3:23:03] of coming out of college and,
You know, and have not been
Trained, have not been taught.
[3:23:04] you know, and have not been
Trained, have not been taught.
But you know what the ratios
[3:23:06] trained, have not been taught.
But you know what the ratios
Look like, what you need to do,
[3:23:07] but you know what the ratios
Look like, what you need to do,
How you prere.
[3:23:09] look like, what you need to do,
How you prere.
I mean, I would be interested in
[3:23:11] how you prere.
I mean, I would be interested in
Seeing some of our school to
[3:23:12] I mean, I would be interested in
Seeing some of our school to
Work folks who, you know, I, if
[3:23:17] seeing some of our school to
Work folks who, you know, I, if
I qualify to get an entry level
[3:23:19] work folks who, you know, I, if
I qualify to get an entry level
Job at samsung or tesla or what
[3:23:22] I qualify to get an entry level
Job at samsung or tesla or what
Is available to me, if that
[3:23:25] job at samsung or tesla or what
Is available to me, if that
Happens.
[3:23:25] is available to me, if that
Happens.
So I‘m just interested in.
[3:23:29] happens.
So I‘m just interested in.
>> we do have that commissioner.
[3:23:30] so I‘m just interested in.
>> we do have that commissioner.
I can actually talk about that
[3:23:32] >> we do have that commissioner.
I can actually talk about that
After I get to this slide, if
[3:23:33] I can actually talk about that
After I get to this slide, if
That‘s okay.
[3:23:34] after I get to this slide, if
That‘s okay.
Okay.
[3:23:34] that‘s okay.
Okay.
Sure.
[3:23:34] okay.
Sure.
Okay.
[3:23:34] sure.
Okay.
So I‘m not going to talk about
[3:23:36] okay.
So I‘m not going to talk about
The program because I know we
[3:23:38] so I‘m not going to talk about
The program because I know we
Are we are really pressed for
[3:23:39] the program because I know we
Are we are really pressed for
Time.
[3:23:39] are we are really pressed for
Time.
Just know that we have about
[3:23:43] time.
Just know that we have about
$147,000 right now that we have
[3:23:46] just know that we have about
$147,000 right now that we have
Available to provide to chodos.
[3:23:48] $147,000 right now that we have
Available to provide to chodos.
We‘re going to stand this
[3:23:50] available to provide to chodos.
We‘re going to stand this
Component of the home program up
[3:23:52] we‘re going to stand this
Component of the home program up
After we stand up the dpa.
[3:23:54] component of the home program up
After we stand up the dpa.
So it‘s coming in the fall.
[3:23:55] after we stand up the dpa.
So it‘s coming in the fall.
Next slide.
[3:23:56] so it‘s coming in the fall.
Next slide.
So to your point, commissioner
[3:24:01] next slide.
So to your point, commissioner
Travillion, we provided on slide
[3:24:04] so to your point, commissioner
Travillion, we provided on slide
31 for you all some scenarios.
[3:24:07] travillion, we provided on slide
31 for you all some scenarios.
Brenda‘s program is specific to
[3:24:12] 31 for you all some scenarios.
Brenda‘s program is specific to
Clients that are in the fss
[3:24:13] brenda‘s program is specific to
Clients that are in the fss
Program that are seeking
[3:24:15] clients that are in the fss
Program that are seeking
Homeownership.
[3:24:15] program that are seeking
Homeownership.
But the first column that says
[3:24:17] homeownership.
But the first column that says
Client origination is for anyone
[3:24:20] but the first column that says
Client origination is for anyone
Seeking homeowrship.
[3:24:21] client origination is for anyone
Seeking homeowrship.
So I‘m not going to read all of
[3:24:23] seeking homeowrship.
So I‘m not going to read all of
This, but the goal of these
[3:24:25] so I‘m not going to read all of
This, but the goal of these
Scenarios is so anyone can
[3:24:27] this, but the goal of these
Scenarios is so anyone can
Understand when we launch the
[3:24:29] scenarios is so anyone can
Understand when we launch the
Program, how the program is
[3:24:31] understand when we launch the
Program, how the program is
Intended to operate.
[3:24:32] program, how the program is
Intended to operate.
If you are a client and you call
[3:24:34] intended to operate.
If you are a client and you call
Anybody at this table or you go
[3:24:36] if you are a client and you call
Anybody at this table or you go
To your lender, whomever, the
[3:24:38] anybody at this table or you go
To your lender, whomever, the
Goal is that you first submit
[3:24:40] to your lender, whomever, the
Goal is that you first submit
The down payment assistance
[3:24:42] goal is that you first submit
The down payment assistance
Interest form.
[3:24:43] the down payment assistance
Interest form.
We‘re going to give you the
[3:24:44] interest form.
We‘re going to give you the
Flier, and then you have to go
[3:24:46] we‘re going to give you the
Flier, and then you have to go
To framework cdc to meet the
[3:24:48] flier, and then you have to go
To framework cdc to meet the
Prerequisites, homebuyer
[3:24:50] to framework cdc to meet the
Prerequisites, homebuyer
Education, housing, counseling,
[3:24:51] prerequisites, homebuyer
Education, housing, counseling,
And mortgage readiness.
[3:24:52] education, housing, counseling,
And mortgage readiness.
You talked about the
[3:24:54] and mortgage readiness.
You talked about the
Understanding, the ratios and
[3:24:54] you talked about the
Understanding, the ratios and
All the requirements.
[3:24:56] understanding, the ratios and
All the requirements.
That‘s the value of what
[3:24:58] all the requirements.
That‘s the value of what
Framework cdc does.
[3:24:59] that‘s the value of what
Framework cdc does.
So that‘s available to anyone
[3:25:01] framework cdc does.
So that‘s available to anyone
Regardless of.
[3:25:02] so that‘s available to anyone
Regardless of.
And even if they‘re in, even if
[3:25:04] regardless of.
And even if they‘re in, even if
They‘re not trying to seek our
[3:25:05] and even if they‘re in, even if
They‘re not trying to seek our
Down payment assistance funds,
[3:25:07] they‘re not trying to seek our
Down payment assistance funds,
The housing counseling component
[3:25:09] down payment assistance funds,
The housing counseling component
Is the answer to your question.
[3:25:10] the housing counseling component
Is the answer to your question.
Commissioner travillion our
[3:25:12] is the answer to your question.
Commissioner travillion our
Funds are only available to
[3:25:13] commissioner travillion our
Funds are only available to
Those that fall between that 50
[3:25:16] funds are only available to
Those that fall between that 50
To 80% ami.
[3:25:16] those that fall between that 50
To 80% ami.
Okay, so the second column is
[3:25:19] to 80% ami.
Okay, so the second column is
Hatzi origination, meaning if
[3:25:20] okay, so the second column is
Hatzi origination, meaning if
They‘re in brenda‘s program,
[3:25:22] hatzi origination, meaning if
They‘re in brenda‘s program,
That‘s what they‘re going to
[3:25:23] they‘re in brenda‘s program,
That‘s what they‘re going to
Experience.
[3:25:23] that‘s what they‘re going to
Experience.
If they start or originate in
[3:25:26] experience.
If they start or originate in
Joyce‘s pipeline, she already
[3:25:28] if they start or originate in
Joyce‘s pipeline, she already
Has a lot of clients that are
[3:25:29] joyce‘s pipeline, she already
Has a lot of clients that are
Seeking homeownership and most
[3:25:31] has a lot of clients that are
Seeking homeownership and most
Oftentimes down payment
[3:25:32] seeking homeownership and most
Oftentimes down payment
Assistance is the barrier to
[3:25:34] oftentimes down payment
Assistance is the barrier to
Homeownership.
[3:25:34] assistance is the barrier to
Homeownership.
So that scenario outlines what
[3:25:37] homeownership.
So that scenario outlines what
Joyce would have to do to get
[3:25:38] so that scenario outlines what
Joyce would have to do to get
Her clients that are already in
[3:25:40] joyce would have to do to get
Her clients that are already in
The pipeline prepared for our
[3:25:41] her clients that are already in
The pipeline prepared for our
Dpa funds.
[3:25:42] the pipeline prepared for our
Dpa funds.
And then lastly, we know that
[3:25:43] dpa funds.
And then lastly, we know that
We‘re going to have folks that
[3:25:44] and then lastly, we know that
We‘re going to have folks that
Are going to bypass all of us
[3:25:45] we‘re going to have folks that
Are going to bypass all of us
And go straight to their lender.
[3:25:47] are going to bypass all of us
And go straight to their lender.
We‘re hoping that the folks that
[3:25:48] and go straight to their lender.
We‘re hoping that the folks that
Are in our lender partner
[3:25:49] we‘re hoping that the folks that
Are in our lender partner
Program will say, hey, looking
[3:25:50] are in our lender partner
Program will say, hey, looking
At your income, I think, you
[3:25:52] program will say, hey, looking
At your income, I think, you
Know, you really can‘t afford
[3:25:53] at your income, I think, you
Know, you really can‘t afford
This house, but you look like
[3:25:54] know, you really can‘t afford
This house, but you look like
You‘re eligible for the county‘s
[3:25:56] this house, but you look like
You‘re eligible for the county‘s
Program.
[3:25:56] you‘re eligible for the county‘s
Program.
Here‘s what you have to do.
[3:25:57] program.
Here‘s what you have to do.
That‘s the last scenario.
[3:25:58] here‘s what you have to do.
That‘s the last scenario.
So that‘s the way that we laid
[3:26:00] that‘s the last scenario.
So that‘s the way that we laid
It out, to try to make sure that
[3:26:01] so that‘s the way that we laid
It out, to try to make sure that
We could effectively communicate
[3:26:03] it out, to try to make sure that
We could effectively communicate
What somebody would experience
[3:26:04] we could effectively communicate
What somebody would experience
In a variety of scenarios.
[3:26:05] what somebody would experience
In a variety of scenarios.
Next slide.
[3:26:06] in a variety of scenarios.
Next slide.
So we‘re expecting that we‘re
[3:26:07] next slide.
So we‘re expecting that we‘re
Going to have two types of
[3:26:08] so we‘re expecting that we‘re
Going to have two types of
Clients a long term client and a
[3:26:11] going to have two types of
Clients a long term client and a
Short term client.
[3:26:12] clients a long term client and a
Short term client.
Long term folks are the folks
[3:26:14] short term client.
Long term folks are the folks
That are going to be we‘re going
[3:26:14] long term folks are the folks
That are going to be we‘re going
To be in the trenches with them.
[3:26:15] that are going to be we‘re going
To be in the trenches with them.
When I say we framework, cdc
[3:26:17] to be in the trenches with them.
When I say we framework, cdc
Will be in the trenches with
[3:26:18] when I say we framework, cdc
Will be in the trenches with
Them, helping them build their
[3:26:19] will be in the trenches with
Them, helping them build their
Credit, helping them save their
[3:26:20] them, helping them build their
Credit, helping them save their
Money, helping them understand
[3:26:22] credit, helping them save their
Money, helping them understand
The principles of homeownership.
[3:26:23] money, helping them understand
The principles of homeownership.
Those folks are going to take a
[3:26:24] the principles of homeownership.
Those folks are going to take a
Little bit of time.
[3:26:25] those folks are going to take a
Little bit of time.
The short term clients are
[3:26:27] little bit of time.
The short term clients are
People that we think are already
[3:26:30] the short term clients are
People that we think are already
Mortgage ready.
[3:26:30] people that we think are already
Mortgage ready.
They could be in joyce‘s
[3:26:31] mortgage ready.
They could be in joyce‘s
Pipeline already, or they could
[3:26:33] they could be in joyce‘s
Pipeline already, or they could
Already be talking to their
[3:26:35] pipeline already, or they could
Already be talking to their
Lender, but they have to wait
[3:26:36] already be talking to their
Lender, but they have to wait
Because they can‘t afford it,
[3:26:37] lender, but they have to wait
Because they can‘t afford it,
Because they don‘t have the down
[3:26:38] because they can‘t afford it,
Because they don‘t have the down
Payment.
[3:26:38] because they don‘t have the down
Payment.
So if they are a short term
[3:26:40] payment.
So if they are a short term
Client, before you gain access
[3:26:42] so if they are a short term
Client, before you gain access
To the county‘s funds, you still
[3:26:44] client, before you gain access
To the county‘s funds, you still
Have to do homebuyer education,
[3:26:46] to the county‘s funds, you still
Have to do homebuyer education,
Housing, counseling, and meet
[3:26:46] have to do homebuyer education,
Housing, counseling, and meet
Our mortgage readiness
[3:26:48] housing, counseling, and meet
Our mortgage readiness
Checklist.
[3:26:48] our mortgage readiness
Checklist.
When those things happen, then
[3:26:50] checklist.
When those things happen, then
You can apply.
[3:26:51] when those things happen, then
You can apply.
Your lender can apply for the
[3:26:53] you can apply.
Your lender can apply for the
The program.
[3:26:54] your lender can apply for the
The program.
Next slide.
[3:26:54] the program.
Next slide.
So this gets us to the.
[3:26:56] next slide.
So this gets us to the.
We are literally at the end.
[3:26:57] so this gets us to the.
We are literally at the end.
Sohat will transition us to
[3:27:00] we are literally at the end.
Sohat will transition us to
The foundational documents.
[3:27:02] sohat will transition us to
The foundational documents.
The homeowner agreement is a
[3:27:04] the foundational documents.
The homeowner agreement is a
Requirement by the program, and
[3:27:06] the homeowner agreement is a
Requirement by the program, and
We are nearing completion.
[3:27:07] requirement by the program, and
We are nearing completion.
With that, we‘ve been working
[3:27:08] we are nearing completion.
With that, we‘ve been working
Tirelessly with our colleagues
[3:27:10] with that, we‘ve been working
Tirelessly with our colleagues
In the county attorney‘s office.
[3:27:11] tirelessly with our colleagues
In the county attorney‘s office.
Special thank you to chris
[3:27:12] in the county attorney‘s office.
Special thank you to chris
Gilmore, who‘s been working with
[3:27:13] special thank you to chris
Gilmore, who‘s been working with
Us on this.
[3:27:14] gilmore, who‘s been working with
Us on this.
And the deed of trust.
[3:27:16] us on this.
And the deed of trust.
Forgivable note, promissory
[3:27:18] and the deed of trust.
Forgivable note, promissory
Note, escrow instructions for
[3:27:19] forgivable note, promissory
Note, escrow instructions for
The title companies.
[3:27:20] note, escrow instructions for
The title companies.
We have all of that stuff
[3:27:22] the title companies.
We have all of that stuff
Nearing completion.
[3:27:23] we have all of that stuff
Nearing completion.
All those foundational documents
[3:27:24] nearing completion.
All those foundational documents
Are in completion.
[3:27:25] all those foundational documents
Are in completion.
So when an application comes in,
[3:27:28] are in completion.
So when an application comes in,
That‘s going to trigger us
[3:27:30] so when an application comes in,
That‘s going to trigger us
Contacting the county attorney‘s
[3:27:31] that‘s going to trigger us
Contacting the county attorney‘s
Office, because the county
[3:27:32] contacting the county attorney‘s
Office, because the county
Attorney‘s office will
[3:27:34] office, because the county
Attorney‘s office will
Facilitate all of the execution
[3:27:35] attorney‘s office will
Facilitate all of the execution
Of all the legal documents.
[3:27:37] facilitate all of the execution
Of all the legal documents.
And the auditor‘s office
[3:27:38] of all the legal documents.
And the auditor‘s office
Obviously will facilitate the
[3:27:40] and the auditor‘s office
Obviously will facilitate the
Transaction between travis
[3:27:41] obviously will facilitate the
Transaction between travis
County and the title comnies
[3:27:43] transaction between travis
County and the title comnies
For the escrow.
[3:27:43] county and the title comnies
For the escrow.
Next slide.
[3:27:44] for the escrow.
Next slide.
>> when you say when an
[3:27:46] next slide.
>> when you say when an
Application comes in, is this
[3:27:47] >> when you say when an
Application comes in, is this
Through frameworks or through
[3:27:48] application comes in, is this
Through frameworks or through
Travis county.
[3:27:49] through frameworks or through
Travis county.
>> or it‘s going to be our
[3:27:51] travis county.
>> or it‘s going to be our
Application.
[3:27:51] >> or it‘s going to be our
Application.
So the lenders are the ones that
[3:27:53] application.
So the lenders are the ones that
Are going to submit the
[3:27:54] so the lenders are the ones that
Are going to submit the
Application.
[3:27:55] are going to submit the
Application.
So in any scenario, if we‘ll go
[3:27:57] application.
So in any scenario, if we‘ll go
Back a few slides to the the
[3:27:59] so in any scenario, if we‘ll go
Back a few slides to the the
Client scenario, in any
[3:28:00] back a few slides to the the
Client scenario, in any
Scenario, once somebody meets
[3:28:03] client scenario, in any
Scenario, once somebody meets
The mortgage readiness checklist
[3:28:05] scenario, once somebody meets
The mortgage readiness checklist
And they go to their lender
[3:28:06] the mortgage readiness checklist
And they go to their lender
Saying, I would like to apply
[3:28:07] and they go to their lender
Saying, I would like to apply
For a mortgage loan to buy this
[3:28:09] saying, I would like to apply
For a mortgage loan to buy this
House, that this is my dream
[3:28:10] for a mortgage loan to buy this
House, that this is my dream
Home.
[3:28:11] house, that this is my dream
Home.
At the very bottom of that,
[3:28:12] home.
At the very bottom of that,
You‘ll see that there in blue,
[3:28:14] at the very bottom of that,
You‘ll see that there in blue,
It says the lender will submit
[3:28:16] you‘ll see that there in blue,
It says the lender will submit
The county dpa application
[3:28:19] it says the lender will submit
The county dpa application
Application with the buyer
[3:28:20] the county dpa application
Application with the buyer
Consent.
[3:28:20] application with the buyer
Consent.
We want the lenders to submit
[3:28:22] consent.
We want the lenders to submit
That application, so the lenders
[3:28:23] we want the lenders to submit
That application, so the lenders
Will submit the application.
[3:28:25] that application, so the lenders
Will submit the application.
It‘ll have to be signed.
[3:28:26] will submit the application.
It‘ll have to be signed.
We‘re still setting up, and I‘m
[3:28:27] it‘ll have to be signed.
We‘re still setting up, and I‘m
Going to show you a screenshot
[3:28:29] we‘re still setting up, and I‘m
Going to show you a screenshot
In just a moment.
[3:28:30] going to show you a screenshot
In just a moment.
But we are still setting up the
[3:28:32] in just a moment.
But we are still setting up the
Application, but the lender is
[3:28:32] but we are still setting up the
Application, but the lender is
Going to submit the application.
[3:28:34] application, but the lender is
Going to submit the application.
And that‘s what triggers the
[3:28:35] going to submit the application.
And that‘s what triggers the
Discussion with the county
[3:28:36] and that‘s what triggers the
Discussion with the county
Attorney‘s office, because we‘re
[3:28:37] discussion with the county
Attorney‘s office, because we‘re
Going to have to meet with them
[3:28:39] attorney‘s office, because we‘re
Going to have to meet with them
And the buyer to do the
[3:28:40] going to have to meet with them
And the buyer to do the
Homeowner agreement and all the
[3:28:41] and the buyer to do the
Homeowner agreement and all the
Legal documents.
[3:28:42] homeowner agreement and all the
Legal documents.
>> I‘m trying to understand the
[3:28:43] legal documents.
>> I‘m trying to understand the
Process of the steps, because it
[3:28:45] >> I‘m trying to understand the
Process of the steps, because it
Sounded like people would have
[3:28:47] process of the steps, because it
Sounded like people would have
To have gone through a homeowner
[3:28:49] sounded like people would have
To have gone through a homeowner
Education, like through
[3:28:49] to have gone through a homeowner
Education, like through
Frameworks or some similar
[3:28:51] education, like through
Frameworks or some similar
Organization.
[3:28:52] frameworks or some similar
Organization.
That‘s correct.
[3:28:52] organization.
That‘s correct.
In order to even qualify for any
[3:28:55] that‘s correct.
In order to even qualify for any
Of this.
[3:28:55] in order to even qualify for any
Of this.
But I don‘t see that at the
[3:28:57] of this.
But I don‘t see that at the
Beginning.
[3:28:57] but I don‘t see that at the
Beginning.
And when I looked at frameworks
[3:28:59] beginning.
And when I looked at frameworks
Online, the fee to register for
[3:29:01] and when I looked at frameworks
Online, the fee to register for
Their online homebuyer education
[3:29:03] online, the fee to register for
Their online homebuyer education
Class is $100.
[3:29:04] their online homebuyer education
Class is $100.
So is that essentially the first
[3:29:07] class is $100.
So is that essentially the first
Step?
[3:29:08] so is that essentially the first
Step?
Someone would need to register
[3:29:09] step?
Someone would need to register
And do that before they could
[3:29:10] someone would need to register
And do that before they could
Begin the application process?
[3:29:12] and do that before they could
Begin the application process?
>> great question.
[3:29:13] begin the application process?
>> great question.
So we have a our subrecipient
[3:29:17] >> great question.
So we have a our subrecipient
Agreement is going to be funded
[3:29:18] so we have a our subrecipient
Agreement is going to be funded
To fund up to ten clients
[3:29:21] agreement is going to be funded
To fund up to ten clients
Through general fund, because
[3:29:23] to fund up to ten clients
Through general fund, because
Home only allows us to pay for
[3:29:25] through general fund, because
Home only allows us to pay for
Housing counseling services.
[3:29:27] home only allows us to pay for
Housing counseling services.
Once a client closes.
[3:29:28] housing counseling services.
Once a client closes.
So as a part of my pb for
[3:29:32] once a client closes.
So as a part of my pb for
Actually I didn‘t do a pb 4pb5
[3:29:33] so as a part of my pb for
Actually I didn‘t do a pb 4pb5
For this, but as a part of
[3:29:36] actually I didn‘t do a pb 4pb5
For this, but as a part of
Utilizing some existing funds,
[3:29:38] for this, but as a part of
Utilizing some existing funds,
General funds, I‘m setting aside
[3:29:39] utilizing some existing funds,
General funds, I‘m setting aside
Some funds for the housing
[3:29:41] general funds, I‘m setting aside
Some funds for the housing
Counseling component.
[3:29:42] some funds for the housing
Counseling component.
That is correct.
[3:29:43] counseling component.
That is correct.
>> but I thought they couldn‘t
[3:29:44] that is correct.
>> but I thought they couldn‘t
Qualify and they couldn‘t close
[3:29:45] >> but I thought they couldn‘t
Qualify and they couldn‘t close
Until they‘d had that class.
[3:29:46] qualify and they couldn‘t close
Until they‘d had that class.
>> so so so the difference is,
[3:29:48] until they‘d had that class.
>> so so so the difference is,
Is that they still have to go
[3:29:50] >> so so so the difference is,
Is that they still have to go
Through the training.
[3:29:51] is that they still have to go
Through the training.
Joyce offers, the offers, the
[3:29:53] through the training.
Joyce offers, the offers, the
Training, and I believe that.
[3:29:54] joyce offers, the offers, the
Training, and I believe that.
I don‘t know if they provide you
[3:29:55] training, and I believe that.
I don‘t know if they provide you
Provide all of your clients have
[3:29:57] I don‘t know if they provide you
Provide all of your clients have
To pay the fee or is there like
[3:29:59] provide all of your clients have
To pay the fee or is there like
An income eligibility threshold?
[3:30:00] to pay the fee or is there like
An income eligibility threshold?
>> to pay the fee?
[3:30:01] an income eligibility threshold?
>> to pay the fee?
>> okay.
[3:30:01] >> to pay the fee?
>> okay.
So so all clients still have to
[3:30:03] >> okay.
So so all clients still have to
Go through framework cdc.
[3:30:04] so so all clients still have to
Go through framework cdc.
We are going to pay for clients
[3:30:06] go through framework cdc.
We are going to pay for clients
That are interested in our down
[3:30:07] we are going to pay for clients
That are interested in our down
Payment assistance program.
[3:30:09] that are interested in our down
Payment assistance program.
We are going to provide a a fee
[3:30:12] payment assistance program.
We are going to provide a a fee
To framework cdc.
[3:30:13] we are going to provide a a fee
To framework cdc.
Once a client is eligible, once
[3:30:16] to framework cdc.
Once a client is eligible, once
A client actually meets the
[3:30:17] once a client is eligible, once
A client actually meets the
Mortgage readiness thresholds.
[3:30:19] a client actually meets the
Mortgage readiness thresholds.
>> and I thought part of meeting
[3:30:20] mortgage readiness thresholds.
>> and I thought part of meeting
The mortgage readiness was to
[3:30:21] >> and I thought part of meeting
The mortgage readiness was to
Have done this class.
[3:30:23] the mortgage readiness was to
Have done this class.
>> it is.
[3:30:24] have done this class.
>> it is.
>> so how can they meet the
[3:30:25] >> it is.
>> so how can they meet the
Mortgage readiness and then get
[3:30:26] >> so how can they meet the
Mortgage readiness and then get
The assistance to take the
[3:30:28] mortgage readiness and then get
The assistance to take the
Class?
[3:30:28] the assistance to take the
Class?
So that‘s what I understood you
[3:30:30] class?
So that‘s what I understood you
To just describe.
[3:30:31] so that‘s what I understood you
To just describe.
>> maybe you‘re.
[3:30:32] to just describe.
>> maybe you‘re.
>> right.
[3:30:32] >> maybe you‘re.
>> right.
You‘re right.
[3:30:33] >> right.
You‘re right.
So you‘re asking us if we‘re
[3:30:34] you‘re right.
So you‘re asking us if we‘re
Going to pay for the class in
[3:30:35] so you‘re asking us if we‘re
Going to pay for the class in
Advance.
[3:30:36] going to pay for the class in
Advance.
We‘re not.
[3:30:37] advance.
We‘re not.
And that may be something that
[3:30:39] we‘re not.
And that may be something that
Joyce and I will have to work
[3:30:40] and that may be something that
Joyce and I will have to work
Out, but they have to take the
[3:30:42] joyce and I will have to work
Out, but they have to take the
Homebuyer education and the
[3:30:43] out, but they have to take the
Homebuyer education and the
Housing counseling and meet
[3:30:45] homebuyer education and the
Housing counseling and meet
Mortgage readiness before they
[3:30:46] housing counseling and meet
Mortgage readiness before they
Can actually submit the
[3:30:48] mortgage readiness before they
Can actually submit the
Application.
[3:30:48] can actually submit the
Application.
But but you are.
[3:30:49] application.
But but you are.
>> but it sounds so it sounds
[3:30:50] but but you are.
>> but it sounds so it sounds
Like on the flowchart that it
[3:30:51] >> but it sounds so it sounds
Like on the flowchart that it
Should be made clear to the
[3:30:52] like on the flowchart that it
Should be made clear to the
Public that they have to take
[3:30:53] should be made clear to the
Public that they have to take
The mortgage readiness class
[3:30:56] public that they have to take
The mortgage readiness class
First.
[3:30:56] the mortgage readiness class
First.
>> but.
[3:30:56] first.
>> but.
>> they have to take the
[3:30:57] >> but.
>> they have to take the
Homebuyer education.
[3:30:58] >> they have to take the
Homebuyer education.
>> class homebuyer ready?
[3:30:59] homebuyer education.
>> class homebuyer ready?
Yes, ma‘am.
[3:30:59] >> class homebuyer ready?
Yes, ma‘am.
>> for the c, d, f I could
[3:31:01] yes, ma‘am.
>> for the c, d, f I could
Sponsor that and pay and pay for
[3:31:03] >> for the c, d, f I could
Sponsor that and pay and pay for
That fee for them.
[3:31:03] sponsor that and pay and pay for
That fee for them.
Could they not a c.
[3:31:06] that fee for them.
Could they not a c.
>> maybe a reimbursement if they
[3:31:08] could they not a c.
>> maybe a reimbursement if they
Complete the class.
[3:31:09] >> maybe a reimbursement if they
Complete the class.
>> yeah.
[3:31:09] complete the class.
>> yeah.
I mean they‘re, they‘re.
[3:31:10] >> yeah.
I mean they‘re, they‘re.
>> they‘ve got.
[3:31:11] I mean they‘re, they‘re.
>> they‘ve got.
>> some stake.
[3:31:11] >> they‘ve got.
>> some stake.
>> in.
[3:31:11] >> some stake.
>> in.
>> it that that may be a little
[3:31:13] >> in.
>> it that that may be a little
Nuance that we need to work out.
[3:31:14] >> it that that may be a little
Nuance that we need to work out.
I think it‘s a, I think that‘s a
[3:31:16] nuance that we need to work out.
I think it‘s a, I think that‘s a
Valid that‘s a valid question
[3:31:17] I think it‘s a, I think that‘s a
Valid that‘s a valid question
That you asked.
[3:31:18] valid that‘s a valid question
That you asked.
Commissioner shea.
[3:31:19] that you asked.
Commissioner shea.
So, you know, we we are not
[3:31:22] commissioner shea.
So, you know, we we are not
Intending for our clients to
[3:31:23] so, you know, we we are not
Intending for our clients to
Have to pay for the fee.
[3:31:24] intending for our clients to
Have to pay for the fee.
So that‘ll be something that
[3:31:26] have to pay for the fee.
So that‘ll be something that
Will work out before we execute
[3:31:27] so that‘ll be something that
Will work out before we execute
Our contract with framework cdc.
[3:31:29] will work out before we execute
Our contract with framework cdc.
>> so, you know, as always, I‘m
[3:31:31] our contract with framework cdc.
>> so, you know, as always, I‘m
Looking for an asset map.
[3:31:33] >> so, you know, as always, I‘m
Looking for an asset map.
Okay.
[3:31:33] looking for an asset map.
Okay.
Identifying the entities that
[3:31:36] okay.
Identifying the entities that
That do participate at each
[3:31:38] identifying the entities that
That do participate at each
Level and then thinking about
[3:31:41] that do participate at each
Level and then thinking about
Places that would be most
[3:31:42] level and then thinking about
Places that would be most
Effective to find people to
[3:31:45] places that would be most
Effective to find people to
Train once again to community
[3:31:48] effective to find people to
Train once again to community
Institutions.
[3:31:48] train once again to community
Institutions.
When we‘re talking about
[3:31:50] institutions.
When we‘re talking about
Churches and we‘re talking about
[3:31:53] when we‘re talking about
Churches and we‘re talking about
Fraternities and sororities,
[3:31:54] churches and we‘re talking about
Fraternities and sororities,
We‘re talking about places where
[3:31:58] fraternities and sororities,
We‘re talking about places where
You have a captive audience, but
[3:32:00] we‘re talking about places where
You have a captive audience, but
They‘re not aware of what‘s
[3:32:03] you have a captive audience, but
They‘re not aware of what‘s
Available.
[3:32:03] they‘re not aware of what‘s
Available.
>> absolutely.
[3:32:03] available.
>> absolutely.
>> I mean, you know, I would say
[3:32:06] >> absolutely.
>> I mean, you know, I would say
98% of austin doesn‘t kno about
[3:32:08] >> I mean, you know, I would say
98% of austin doesn‘t kno about
This.
[3:32:08] 98% of austin doesn‘t kno about
This.
>> yeah.
[3:32:08] this.
>> yeah.
>> I‘m excited about the
[3:32:10] >> yeah.
>> I‘m excited about the
Creation of this program, but
[3:32:11] >> I‘m excited about the
Creation of this program, but
I‘d want it to be successful and
[3:32:13] creation of this program, but
I‘d want it to be successful and
Not have a situation where
[3:32:15] I‘d want it to be successful and
Not have a situation where
People don‘t understand clearly
[3:32:17] not have a situation where
People don‘t understand clearly
That they first have to do this
[3:32:19] people don‘t understand clearly
That they first have to do this
Education class at the very
[3:32:22] that they first have to do this
Education class at the very
Beginning, and that there‘s a
[3:32:23] education class at the very
Beginning, and that there‘s a
Fee.
[3:32:24] beginning, and that there‘s a
Fee.
>> yeah, that that‘s well, but
[3:32:26] fee.
>> yeah, that that‘s well, but
We‘re going to pay the fee.
[3:32:27] >> yeah, that that‘s well, but
We‘re going to pay the fee.
It‘s just the timing of us
[3:32:28] we‘re going to pay the fee.
It‘s just the timing of us
Paying the fee.
[3:32:30] it‘s just the timing of us
Paying the fee.
So.
[3:32:30] paying the fee.
So.
>> well.
[3:32:30] so.
>> well.
>> yeah, the way you described
[3:32:31] >> well.
>> yeah, the way you described
The timing, it doesn‘t work
[3:32:33] >> yeah, the way you described
The timing, it doesn‘t work
Fair.
[3:32:33] the timing, it doesn‘t work
Fair.
>> fair enough.
[3:32:34] fair.
>> fair enough.
Well, that‘s a that‘s a nuance,
[3:32:35] >> fair enough.
Well, that‘s a that‘s a nuance,
Commissioner, that we will work
[3:32:37] well, that‘s a that‘s a nuance,
Commissioner, that we will work
Out before we launch the
[3:32:38] commissioner, that we will work
Out before we launch the
Program.
[3:32:38] out before we launch the
Program.
>> I mean, they‘re getting like
[3:32:41] program.
>> I mean, they‘re getting like
$50,000 or something.
[3:32:42] >> I mean, they‘re getting like
$50,000 or something.
They got.
[3:32:42] $50,000 or something.
They got.
>> I realize it‘s a.
[3:32:43] they got.
>> I realize it‘s a.
>> small thing.
[3:32:43] >> I realize it‘s a.
>> small thing.
>> work it.
[3:32:44] >> small thing.
>> work it.
I‘m thrilled that you‘re looking
[3:32:45] >> work it.
I‘m thrilled that you‘re looking
At ways to make this stuff
[3:32:48] I‘m thrilled that you‘re looking
At ways to make this stuff
Available to people.
[3:32:48] at ways to make this stuff
Available to people.
I just want it.
[3:32:49] available to people.
I just want it.
I don‘t want us to create
[3:32:51] I just want it.
I don‘t want us to create
Expectations that we can‘t meet,
[3:32:52] I don‘t want us to create
Expectations that we can‘t meet,
Or where people will be
[3:32:54] expectations that we can‘t meet,
Or where people will be
Frustrated.
[3:32:54] or where people will be
Frustrated.
>> and absolutely.
[3:32:55] frustrated.
>> and absolutely.
>> because what we what we
[3:32:57] >> and absolutely.
>> because what we what we
Understand is, look, I look at
[3:32:59] >> because what we what we
Understand is, look, I look at
That and I say, well, now
[3:33:00] understand is, look, I look at
That and I say, well, now
That‘s, that is too good to be
[3:33:02] that and I say, well, now
That‘s, that is too good to be
True.
[3:33:02] that‘s, that is too good to be
True.
And how and how could it?
[3:33:05] true.
And how and how could it?
And unless you‘ve got examples
[3:33:08] and how and how could it?
And unless you‘ve got examples
And unless you‘ve got a
[3:33:10] and unless you‘ve got examples
And unless you‘ve got a
Portfolio so that we can explain
[3:33:11] and unless you‘ve got a
Portfolio so that we can explain
To folks, unless we find you in
[3:33:14] portfolio so that we can explain
To folks, unless we find you in
A place that I trust.
[3:33:15] to folks, unless we find you in
A place that I trust.
>> well, that‘s where working
[3:33:17] a place that I trust.
>> well, that‘s where working
Through hats, working through
[3:33:18] >> well, that‘s where working
Through hats, working through
Our existing housing programs,
[3:33:22] through hats, working through
Our existing housing programs,
Where we know people need help,
[3:33:23] our existing housing programs,
Where we know people need help,
Where we identify through
[3:33:26] where we know people need help,
Where we identify through
Whatever application process, if
[3:33:28] where we identify through
Whatever application process, if
They have an interest in trying
[3:33:29] whatever application process, if
They have an interest in trying
To be able to buy a house in the
[3:33:32] they have an interest in trying
To be able to buy a house in the
Future, we‘ve got to trusted
[3:33:34] to be able to buy a house in the
Future, we‘ve got to trusted
Relationship with them through
[3:33:35] future, we‘ve got to trusted
Relationship with them through
The housing they‘re currently
[3:33:37] relationship with them through
The housing they‘re currently
Accessing.
[3:33:37] the housing they‘re currently
Accessing.
>> I get it, but I‘ve got a
[3:33:38] accessing.
>> I get it, but I‘ve got a
Couple a few kids in my in my
[3:33:41] >> I get it, but I‘ve got a
Couple a few kids in my in my
Neighborhood, and they, they
[3:33:44] couple a few kids in my in my
Neighborhood, and they, they
Didn‘t go to college, but they
[3:33:46] neighborhood, and they, they
Didn‘t go to college, but they
Went to work and, and, but
[3:33:48] didn‘t go to college, but they
Went to work and, and, but
They‘re living there now.
[3:33:49] went to work and, and, but
They‘re living there now.
They‘re living at their house,
[3:33:51] they‘re living there now.
They‘re living at their house,
Their mother‘s house.
[3:33:52] they‘re living at their house,
Their mother‘s house.
They have a decent job.
[3:33:53] their mother‘s house.
They have a decent job.
If they knew about this, they
[3:33:57] they have a decent job.
If they knew about this, they
Could take a course and save a
[3:33:59] if they knew about this, they
Could take a course and save a
Little money.
[3:34:00] could take a course and save a
Little money.
That‘s right.
[3:34:00] little money.
That‘s right.
And but they don‘t know about
[3:34:02] that‘s right.
And but they don‘t know about
This.
[3:34:02] and but they don‘t know about
This.
Where do we where do we tell.
[3:34:03] this.
Where do we where do we tell.
So the idea is to reach them.
[3:34:05] where do we where do we tell.
So the idea is to reach them.
I think I think hatzi is an
[3:34:08] so the idea is to reach them.
I think I think hatzi is an
Important place to provide this
[3:34:10] I think I think hatzi is an
Important place to provide this
Information.
[3:34:10] important place to provide this
Information.
But we‘ve got a whole group of
[3:34:12] information.
But we‘ve got a whole group of
Kids, school to work, kids that
[3:34:15] but we‘ve got a whole group of
Kids, school to work, kids that
Should qualify for it and, and
[3:34:17] kids, school to work, kids that
Should qualify for it and, and
Won‘t find an opportunity to buy
[3:34:20] should qualify for it and, and
Won‘t find an opportunity to buy
A home unless they find a
[3:34:22] won‘t find an opportunity to buy
A home unless they find a
Program like this.
[3:34:22] a home unless they find a
Program like this.
>> so we‘re talking about
[3:34:24] program like this.
>> so we‘re talking about
Scaling.
[3:34:24] >> so we‘re talking about
Scaling.
>> up to write.
[3:34:24] scaling.
>> up to write.
A program.
[3:34:25] >> up to write.
A program.
We‘re talking about starting
[3:34:27] a program.
We‘re talking about starting
Small and scaling up, right?
[3:34:28] we‘re talking about starting
Small and scaling up, right?
Because we don‘t have a lot of
[3:34:29] small and scaling up, right?
Because we don‘t have a lot of
Money.
[3:34:29] because we don‘t have a lot of
Money.
>> yes, that that is correct.
[3:34:30] money.
>> yes, that that is correct.
And so once we start, once we
[3:34:33] >> yes, that that is correct.
And so once we start, once we
Officially launch the program,
[3:34:35] and so once we start, once we
Officially launch the program,
We are planning to do a
[3:34:36] officially launch the program,
We are planning to do a
Marketing campaign.
[3:34:37] we are planning to do a
Marketing campaign.
This is a screenshot of a flier.
[3:34:39] marketing campaign.
This is a screenshot of a flier.
It has not been translated in
[3:34:41] this is a screenshot of a flier.
It has not been translated in
Spanish yet, but we are going to
[3:34:42] it has not been translated in
Spanish yet, but we are going to
Do a full scale marketing
[3:34:45] spanish yet, but we are going to
Do a full scale marketing
Campaign through constant
[3:34:46] do a full scale marketing
Campaign through constant
Contact, through hatzi.
[3:34:47] campaign through constant
Contact, through hatzi.
We are really going to try to
[3:34:49] contact, through hatzi.
We are really going to try to
Promote this so the community is
[3:34:51] we are really going to try to
Promote this so the community is
Aware of what is available, and
[3:34:53] promote this so the community is
Aware of what is available, and
We will work out the nuance of
[3:34:55] aware of what is available, and
We will work out the nuance of
When to pay.
[3:34:56] we will work out the nuance of
When to pay.
>> the fee.
[3:34:57] when to pay.
>> the fee.
>> for the how, for the, the,
[3:34:59] >> the fee.
>> for the how, for the, the,
The homebuyer education.
[3:35:01] >> for the how, for the, the,
The homebuyer education.
Next slide please.
[3:35:01] the homebuyer education.
Next slide please.
This is a screen.
[3:35:03] next slide please.
This is a screen.
This is a commissioner shea.
[3:35:05] this is a screen.
This is a commissioner shea.
>> this.
[3:35:05] this is a commissioner shea.
>> this.
>> you.
[3:35:07] >> this.
>> you.
We can answer questions from you
[3:35:10] >> you.
We can answer questions from you
At our next one on one unless
[3:35:12] we can answer questions from you
At our next one on one unless
You want to continue the
[3:35:15] at our next one on one unless
You want to continue the
Presentation.
[3:35:15] you want to continue the
Presentation.
We.
[3:35:16] presentation.
We.
Yeah, we‘re past one hour on
[3:35:19] we.
Yeah, we‘re past one hour on
This presentation and it‘s a lot
[3:35:20] yeah, we‘re past one hour on
This presentation and it‘s a lot
Of sausage making that maybe you
[3:35:22] this presentation and it‘s a lot
Of sausage making that maybe you
All don‘t have to to know all of
[3:35:25] of sausage making that maybe you
All don‘t have to to know all of
It, but I think this is a really
[3:35:27] all don‘t have to to know all of
It, but I think this is a really
Good example of how monique is
[3:35:30] it, but I think this is a really
Good example of how monique is
One of our superstars, one of
[3:35:33] good example of how monique is
One of our superstars, one of
The very best superstars in hhs,
[3:35:35] one of our superstars, one of
The very best superstars in hhs,
Because she keeps bringing in
[3:35:36] the very best superstars in hhs,
Because she keeps bringing in
More money and providing more
[3:35:39] because she keeps bringing in
More money and providing more
Services than when she started.
[3:35:40] more money and providing more
Services than when she started.
>> so this is phenomenal.
[3:35:41] services than when she started.
>> so this is phenomenal.
>> and thank you.
[3:35:42] >> so this is phenomenal.
>> and thank you.
Thank you.
[3:35:42] >> and thank you.
Thank you.
>> this is actually our last
[3:35:44] thank you.
>> this is actually our last
Slide.
[3:35:44] >> this is actually our last
Slide.
So thank you very much for that.
[3:35:46] slide.
So thank you very much for that.
Sorry that we went a little
[3:35:47] so thank you very much for that.
Sorry that we went a little
Long, but we‘re.
[3:35:48] sorry that we went a little
Long, but we‘re.
>> really asked questions.
[3:35:50] long, but we‘re.
>> really asked questions.
>> thank you.
[3:35:50] >> really asked questions.
>> thank you.
Yeah you did.
[3:35:51] >> thank you.
Yeah you did.
You asked a lot of questions.
[3:35:51] yeah you did.
You asked a lot of questions.
But thank you so much for your
[3:35:53] you asked a lot of questions.
But thank you so much for your
Time.
[3:35:53] but thank you so much for your
Time.
>> thank you, thank you thank
[3:35:54] time.
>> thank you, thank you thank
You.
[3:35:54] >> thank you, thank you thank
You.
Yeah.
[3:35:54] you.
Yeah.
>> well, we can ask more
[3:35:56] yeah.
>> well, we can ask more
Questions.
[3:35:56] >> well, we can ask more
Questions.
I‘ll just have to leave.
[3:35:57] questions.
I‘ll just have to leave.
And commissioner, commissioner,
[3:36:00] I‘ll just have to leave.
And commissioner, commissioner,
Shake and continue.
[3:36:01] and commissioner, commissioner,
Shake and continue.
But I want I want a copy of all
[3:36:04] shake and continue.
But I want I want a copy of all
Of the the presentation.
[3:36:06] but I want I want a copy of all
Of the the presentation.
Plus I want some phone numbers
[3:36:08] of the the presentation.
Plus I want some phone numbers
As well.
[3:36:08] plus I want some phone numbers
As well.
Okay.
[3:36:09] as well.
Okay.
So we can send some people to
[3:36:11] okay.
So we can send some people to
You.
[3:36:12] so we can send some people to
You.
>> fantastic.
[3:36:13] you.
>> fantastic.
Thank you so much.
[3:36:13] >> fantastic.
Thank you so much.
Thank you.
[3:36:14] thank you so much.
Thank you.
>> thank you.
[3:36:15] thank you.
>> thank you.
>> this is excellent.
[3:36:16] >> thank you.
>> this is excellent.
Thank you.
[3:36:16] >> this is excellent.
Thank you.
I really appreciate being your
[3:36:18] thank you.
I really appreciate being your
Resourcefulness and creativity
[3:36:20] I really appreciate being your
Resourcefulness and creativity
And trying to find extra help
[3:36:21] resourcefulness and creativity
And trying to find extra help
For people who need it.
[3:36:22] and trying to find extra help
For people who need it.
>> absolutely.
[3:36:23] for people who need it.
>> absolutely.
Thank you very much for your
[3:36:24] >> absolutely.
Thank you very much for your
Time.
[3:36:24] thank you very much for your
Time.
Really appreciate it.
[3:36:25] time.
Really appreciate it.
>> thank you, thank you.
[3:36:26] really appreciate it.
>> thank you, thank you.
Thank you.
[3:36:28] >> thank you, thank you.
Thank you.
>> yeah.
[3:36:28] thank you.
>> yeah.
The frameworks website has lots
[3:36:30] >> yeah.
The frameworks website has lots
Of links and good information.
[3:36:31] the frameworks website has lots
Of links and good information.
>> yeah.
[3:36:31] of links and good information.
>> yeah.
Yes.
[3:36:32] >> yeah.
Yes.
We‘re going to have to say this
[3:36:35] yes.
We‘re going to have to say this
Concludes the business of the
[3:36:36] we‘re going to have to say this
Concludes the business of the
Travis county commissioners
[3:36:38] concludes the business of the
Travis county commissioners
Court today.
[3:36:38] travis county commissioners
Court today.
And without objection, I‘ll
[3:36:40] court today.
And without objection, I‘ll
Adjourn the meeting at.
[3:36:43] and without objection, I‘ll
Adjourn the meeting at.
[laughter]
[3:36:45] adjourn the meeting at.
[laughter]
45353.
[3:36:46] [laughter]
45353.
>> thank you.
[3:36:49] 45353.
>> thank you.
>> thank you all.
[3:36:50] >> thank you.
>> thank you all.
[music]
[3:36:51] >> thank you all.
[music]