1 00:00:02,480 --> 00:00:11,520 2026 and this is the monthly meeting of the  affordable housing review board. Going to   2 00:00:11,520 --> 00:00:27,200 call the meeting to order with roll call. Brady  McCertie he's on his way. Rebecca Strike Keley. 3 00:00:27,200 --> 00:00:32,720 Miranda Penner here. 4 00:00:32,720 --> 00:00:42,960 Troy Pal here. Paul Schneers here. Tracy Terrell 5 00:00:42,960 --> 00:00:49,200 and Valerie Denise Black Turner. 6 00:00:52,400 --> 00:00:56,560 We do have a quorum for this meeting  and with the bitter weather outside,   7 00:00:56,560 --> 00:01:09,040 we do thank all the board members for  making it as well as our applicants. 8 00:01:09,040 --> 00:01:14,880 Sorry, technical difficulties sir.  Okay, a review of the agenda is   9 00:01:14,880 --> 00:01:23,520 um we're going to approve next or November's  minutes. We'll have a uh two presentations   10 00:01:23,520 --> 00:01:31,760 from the housing development loan gr loan program  applications. Uh we'll do couple of updates and a   11 00:01:31,760 --> 00:01:39,360 reminder and then we'll open it to other business  and open discussion and then adjourn the meeting. 12 00:01:42,400 --> 00:01:47,600 Okay. Does anybody have a motion  to approve the November 24th,   13 00:01:47,600 --> 00:02:00,800 2025 meeting minutes? I motion to approve the  November 24, 2025 meeting minutes. Second. 14 00:02:00,800 --> 00:02:08,000 All in favor say I. I. I. All oppose. 15 00:02:09,840 --> 00:02:17,280 passes for Libro. 16 00:02:17,280 --> 00:02:23,280 Next item of business is housing development  loan program applications. There are a few   17 00:02:23,280 --> 00:02:31,760 presentations here. the um each application  your applicant will have up to 20 minutes   18 00:02:31,760 --> 00:02:39,840 uh to present and answer questions on  their uh proposals. We have a Commonwealth   19 00:02:39,840 --> 00:02:45,840 Development Corporation and Menite Housing  Rehabilitation Services. So without further ado,   20 00:02:45,840 --> 00:02:54,160 I'd like to ask uh representative of Commonwealth  Development to come forward and present please. 21 00:03:14,000 --> 00:03:17,440 Good afternoon. 22 00:03:17,440 --> 00:03:24,480 Uh, so you can hear me online. Um, appreciate you  having me here today. Uh, Danny D Franchesco with   23 00:03:24,480 --> 00:03:31,360 Commonwealth Development. Um, and so we are  here today to uh propose a project at located   24 00:03:31,360 --> 00:03:41,040 at 212 North Market Street in uh Witchah, which  we're calling a former Landmark Square building. 25 00:03:41,040 --> 00:03:46,080 So, just to give you an idea of who Commonwealth  is, um, we are a national affordable housing   26 00:03:46,080 --> 00:03:51,600 developer based out of Madison, Wisconsin. Um,  I do have to say, and I've already mentioned to   27 00:03:51,600 --> 00:03:56,720 a few of you, I did not bring the weather from  up north down here. Um, city of Witchaw actually   28 00:03:56,720 --> 00:04:04,880 got more than Madison. Um, we probably beat you  in temperature uh -40° chill, but I was looking   29 00:04:04,880 --> 00:04:10,960 forward to coming here and getting some warmth,  but uh that was the opposite. Um, and so yeah,   30 00:04:10,960 --> 00:04:15,280 like I mentioned, we are a national affordable  housing developer. Uh, we've been developing,   31 00:04:15,280 --> 00:04:23,200 you know, since the late 1990s and we developed  over, you want me to admit that? Oh, okay. Um,   32 00:04:23,200 --> 00:04:30,640 and we've developed over 130 oral housing projects  across 15 states. Um, you know, again, we've been   33 00:04:30,640 --> 00:04:37,200 just strictly national oral housing. That's all  we do, uh, is low income tax credit projects. Um,   34 00:04:37,200 --> 00:04:41,520 the project that we're looking at is located  at 212 North Market Square, which would be a   35 00:04:41,520 --> 00:04:47,040 historic conversion um, where we would convert  the building into affordable housing. And so with   36 00:04:47,040 --> 00:04:52,720 that, Commonwealth has a vast experience where we  completed over 20 projects. um where we converted   37 00:04:52,720 --> 00:04:58,000 historic buildings into affordable housing. Um  another thing about Commonwealth is we are a   38 00:04:58,000 --> 00:05:02,880 long-term owner. Um so we don't develop and then  look to sell, you know, in three or four years.   39 00:05:02,880 --> 00:05:09,120 We're here for the long haul and we're going to be  integrating with the city and work with, you know,   40 00:05:09,120 --> 00:05:14,240 communities and organizations that are based out  of Witchah. Um as we our property management team   41 00:05:14,240 --> 00:05:19,440 is a local, um we get Omega is our property  management company as well as working with a   42 00:05:19,440 --> 00:05:23,440 local general contractor. So again, you know,  Commonwealth will be partnering with local   43 00:05:23,440 --> 00:05:30,880 organizations and, you know, being here for the  long haul. So just to give you just an overview   44 00:05:30,880 --> 00:05:36,960 of the site, again, it's located at 212 North  Market Street there along uh Market Street and   45 00:05:36,960 --> 00:05:42,960 First Street. Um, and currently it's a vacant uh  building. I know um it's probably a familiar site   46 00:05:42,960 --> 00:05:49,120 to most of you based on uh last year's submitt. Um  and so again, we're looking to do something very   47 00:05:49,120 --> 00:05:57,920 similar um where we're just looking to convert  uh this building into 53 units of oral housing. 48 00:05:57,920 --> 00:06:02,240 And so this is just a breakdown as you probably  saw from the application of you know how we're   49 00:06:02,240 --> 00:06:07,360 breaking the units down. So 100% of the units  will be all affordable. And so when I say that   50 00:06:07,360 --> 00:06:12,880 I mean they'll all be at 60% of the area  median income or less. And so, you know,   51 00:06:12,880 --> 00:06:18,720 this breakdown is really based on how to be  competitive when applying to the state agency. Um,   52 00:06:18,720 --> 00:06:23,360 so you can see that we have a majority or we  have a vast majority, you know, between one,   53 00:06:23,360 --> 00:06:30,800 twos, and three bedrooms for individuals and  families. Um, the reason we like the site,   54 00:06:30,800 --> 00:06:34,640 um, it's a very competitive site  from KHRC standpoint and scoring,   55 00:06:34,640 --> 00:06:40,000 but we also love the the downtown location. And we  think it's very ideal for residents to, you know,   56 00:06:40,000 --> 00:06:46,000 not have to rely on a car um and be able to  live downtown, have access to public transit,   57 00:06:46,000 --> 00:06:51,280 a lot of local shops and entertainment, you know,  all within this area. Um and so we really like   58 00:06:51,280 --> 00:06:57,040 um you know, where this is located in the  downtown area. Uh some of the amenities that   59 00:06:57,040 --> 00:07:02,480 we'll have for this project is we'll have on-site  uh management. So we Omega will have a full-time   60 00:07:02,480 --> 00:07:07,600 property manager and maintenance. Um there we  will have a community room for residents to   61 00:07:07,600 --> 00:07:14,320 gather um you know along with a fitness center um  business center computers that tends can use free   62 00:07:14,320 --> 00:07:21,120 of charge. Um so really you know trying to make  a very encompassing you know workload play all in   63 00:07:21,120 --> 00:07:27,680 the downtown area here with the typical features  that you see in a market rate development. 64 00:07:29,520 --> 00:07:35,840 Um these are some photos of the interior of the  Landmark Square that we've pulled. Um we did tour   65 00:07:35,840 --> 00:07:42,480 the building about uh probably now five or six  weeks ago with a local GC um to get a sense of   66 00:07:42,480 --> 00:07:50,400 pricing, you know, in order to be making sure that  our numbers are aligned when proposing to KHRC. 67 00:07:50,400 --> 00:07:54,320 Um so just want to give you some kind  of examples of what we've done on past   68 00:07:54,320 --> 00:08:00,480 projects. So, this project you're looking at was  a conversion of a former uh manufacturing casket   69 00:08:00,480 --> 00:08:08,080 company as well as the cheese manufacturing  company. Yeah. Um and so we converted it into   70 00:08:08,080 --> 00:08:17,440 um two boardwalk life um apartment projects there  in Pondac, Wisconsin. Um another example here is   71 00:08:17,440 --> 00:08:21,280 uh down in Oklahoma City. We converted  a former uh elementary school that was   72 00:08:21,280 --> 00:08:30,240 built in the 1920s and converted that into  62 units of uh senior affordable housing. 73 00:08:30,240 --> 00:08:34,960 And then this just kind of gives us an idea of,  you know, unit finishes that will have, you know,   74 00:08:34,960 --> 00:08:40,240 again, typically what we try to do is, you know,  make everything look feel like it's a market rate,   75 00:08:40,240 --> 00:08:45,680 um, you know, property with the finishes,  but obviously at the aorable rents.   76 00:08:46,720 --> 00:08:51,440 Um these are just kind of some examples of the  Pondelac building of what we did with the interior   77 00:08:51,440 --> 00:08:56,320 um with the historic component involved.  Um so we really do like these historic   78 00:08:56,320 --> 00:09:00,960 deals. They're very unique. We have in-house  architecture team that has a lot of experience   79 00:09:00,960 --> 00:09:05,600 with having to work with these unique  spaces and you know being able to turn   80 00:09:05,600 --> 00:09:11,600 um you know these former buildings that weren't  meant for apartments you know into livable units.   81 00:09:12,720 --> 00:09:18,080 This is another example of the one down in Dunar  Common. So, you can see on the bottom there   82 00:09:18,080 --> 00:09:22,640 uh there's a unit there with an old chalkboard  um in there. So, I think it's kind of cool,   83 00:09:22,640 --> 00:09:30,480 you know, where each unit had proposed  and kind of have its own uniqueness to it. 84 00:09:30,480 --> 00:09:36,480 Just a rough timeline um for you all. So, we  will we have submitted the pre that was due   85 00:09:36,480 --> 00:09:43,440 uh last week or no two weeks ago, sorry. um tok  and they're right now is going through the preapp   86 00:09:43,440 --> 00:09:48,320 uh process and then we'll be invited um should  we move forward with the poll application that   87 00:09:48,320 --> 00:09:54,560 would be due miday of this year with finding  out about an award um end of July of this year   88 00:09:54,560 --> 00:10:00,080 and so with our timeline and our experience with  historic properties we would anticipate closing   89 00:10:00,080 --> 00:10:07,520 on the the building having our investors and  lenders all lined up by May of 2027. Um, again,   90 00:10:07,520 --> 00:10:12,080 typically on these historic deals, we get our  architect in there to really find every nook   91 00:10:12,080 --> 00:10:16,720 and cranny of, you know, making sure all the  asbesus testing and mold testing that has to   92 00:10:16,720 --> 00:10:21,040 be done throughout that due diligence period.  It just has a little bit of a longer lead time   93 00:10:21,040 --> 00:10:27,520 um to get there. But again, we're projecting a  May 2027 closing um with a completion in August   94 00:10:27,520 --> 00:10:36,480 of 2028 um with units being ready  to occupy in 2029. Um and so yeah,   95 00:10:36,480 --> 00:10:39,920 one other thing I'd like to add to is  this will be Commonwall second project   96 00:10:39,920 --> 00:10:45,600 um in the city of Witchah. We're currently uh  working on closing a 42 unit multifamily project   97 00:10:45,600 --> 00:10:52,080 there just south of East 47th Street along South  Broadway. Um different project. It's a 42 unit new   98 00:10:52,080 --> 00:10:57,920 construction walk up style. Um but again, so we're  very familiar or getting familiar with, you know,   99 00:10:57,920 --> 00:11:02,800 working with the city and the county probability  permit timeline and just going through, you know,   100 00:11:02,800 --> 00:11:08,320 just each municipality has to process. So, you  know, this will be the second project if awarded   101 00:11:08,320 --> 00:11:12,560 um in the city of Witchah. So, we're very  excited of kind of continuing that momentum   102 00:11:12,560 --> 00:11:18,720 of bringing addition additional affordable  housing units um here to the city of Witchah. 103 00:11:20,720 --> 00:11:25,440 And then this is just kind of a highle overview  of the sources and uses that we're looking to   104 00:11:25,440 --> 00:11:31,840 bring into the deal. Um so as most of you know um  you know receiving these home funds is extremely   105 00:11:31,840 --> 00:11:37,520 competitive. Um as we're aware and you know  goes a long way in applying to KRC and can   106 00:11:37,520 --> 00:11:42,240 really be the difference of getting an award or  not. Um and so you know we were making a request   107 00:11:42,240 --> 00:11:50,160 of $213,000 from the city of Witchah and home  funds which would come out to $4,19 a unit. Um   108 00:11:50,160 --> 00:11:55,280 you can receive five points if it's 4,000 or  more. So we're trying to get the minimum also   109 00:11:55,280 --> 00:12:01,280 understanding the city of Witchah has available.  Um and so again the vast majority is really coming   110 00:12:01,280 --> 00:12:07,840 from your federal and state historic tax credit  pricing along with you know permanent loans. Um,   111 00:12:07,840 --> 00:12:13,760 and so when it came to construction costs, again,  we tooured the building and worked with local GC,   112 00:12:13,760 --> 00:12:18,640 um, that's going to be doing our project,  um, the other 42 unit project in Witchah. So,   113 00:12:18,640 --> 00:12:24,000 we have a good rapport with them to get a sense of  cost because, you know, going into these historic,   114 00:12:24,000 --> 00:12:28,240 you really never know what costs are going  to be until you get behind the walls. Um,   115 00:12:28,240 --> 00:12:32,880 so with the knowledge that we've had on past  projects, you know, we we're very confident the   116 00:12:32,880 --> 00:12:38,640 numbers that we're showing today. Um and so yeah,  this just kind of gives a a sense of where you   117 00:12:38,640 --> 00:12:43,280 know the capital stack lines up. So you can see  there's a lot of sources um coming into this as   118 00:12:43,280 --> 00:12:51,120 well as applying to KGRC for additional home and  housing trust funds as well when we apply to them. 119 00:12:54,000 --> 00:13:00,800 Um I guess with that I don't know if it's  questions now or objective if the board   120 00:13:00,800 --> 00:13:05,440 has questions now you can ask them or you  can reserve the right to ask after the next   121 00:13:05,440 --> 00:13:14,080 presentation I just have a question is there's  tax credit or not I'm sorry there's historic   122 00:13:14,080 --> 00:13:20,240 there's already historic credits against this  building is there historical tax credits yeah   123 00:13:20,240 --> 00:13:25,600 so The project is on the National Register of  Historic Places and so we've reached out to our   124 00:13:25,600 --> 00:13:32,000 investors that have done past historic deals with  us to get um you know pricing on what those would   125 00:13:32,000 --> 00:13:47,680 be for the historic side. So it does qualify  for federal and state historic tax credits. 126 00:13:47,680 --> 00:13:54,080 You mentioned a special population Who  who is the special population? Yeah. So,   127 00:13:54,080 --> 00:14:01,200 uh we um in our application have set aside 10% to  be for uh special needs and so that'll be mental,   128 00:14:01,200 --> 00:14:06,560 physically disabled. Um so we'll have units that  will meet those requirements that'll be fully   129 00:14:06,560 --> 00:14:10,960 accessible. Um we would be refurbishing  the elevators that are currently there   130 00:14:10,960 --> 00:14:16,400 um to make sure that there's, you know, full  access for the complex to those residents. How'd   131 00:14:16,400 --> 00:14:22,000 you get them in the building? That building's  not ADA. Um, so that building for 10 years,   132 00:14:22,000 --> 00:14:25,280 so I know lots about that building. Yeah.  So, we've actually had to deal with this   133 00:14:25,280 --> 00:14:33,840 on a school in Iowa where we had to install lift.  Um, but they put the three steps out front. Yeah,   134 00:14:33,840 --> 00:14:39,920 it's Yeah, it's unique. Um, I'd have to go with  our architect on I don't know the slope on that.   135 00:14:39,920 --> 00:14:45,120 If you change that to a slope and if it would be  within code or not. I don't think it would be. Um,   136 00:14:45,120 --> 00:14:51,520 you have enough. Yeah. Sidewalk. Mhm. But we have  in house architecture team that's looked at this   137 00:14:51,520 --> 00:14:59,120 and I know the limit is one option and I think  the other may be I know there's the back back door   138 00:14:59,120 --> 00:15:14,000 option for the back room but I don't think that's  going to suffice. So um that be the front door. 139 00:15:14,000 --> 00:15:16,720 Any other questions at this time? 140 00:15:22,720 --> 00:15:43,360 Okay, thank you D. 141 00:15:43,360 --> 00:15:48,640 Oh, you're good. Thanks. Up next to  present is min housing and rehabilitation 142 00:16:25,040 --> 00:16:35,360 Good afternoon. I'm Byron Adrian with Midnight  Housing and our proposal is for a 46 unit   143 00:16:35,360 --> 00:16:43,520 uh senior tax credit u project that we  plan to submit to uh HRC this year and   144 00:16:43,520 --> 00:16:50,480 it's on two sites. You can see those are  on the screen. 8031 East Gilbert and that's   145 00:16:50,480 --> 00:16:59,040 uh just a couple blocks south of Kellogg on Rock  Road and then also 1511 West 27th Street South,   146 00:16:59,040 --> 00:17:08,400 couple blocks west of Senica um on 27th Street  South. And these are a couple properties that the   147 00:17:08,400 --> 00:17:13,040 uh Presbyterian of Southern Kansas has had  approached us at Menite Housing on as far   148 00:17:13,040 --> 00:17:18,720 as doing uh affordable housing development and  we're very interested in talking with them and   149 00:17:18,720 --> 00:17:23,520 looking at the possibility and so we've  moved forward with this proposal and we   150 00:17:23,520 --> 00:17:32,720 have Bill Hendris here from the presetary  who would like to make several comments. 151 00:17:34,160 --> 00:17:39,680 Hi everybody. I am Bill Hendricks. I'm moderator  of the trustees of the Presbytery of Southern   152 00:17:39,680 --> 00:17:47,280 Kansas. Like many denominations, the Presbytery  of Southern Kansas finds itself in a season of   153 00:17:47,280 --> 00:17:53,360 numeric and episcopal decline. So we have these  two properties that are owned by the Presbyterian   154 00:17:53,360 --> 00:18:01,600 that are currently being considered for  alternative ministries. In late 2023,   155 00:18:01,600 --> 00:18:08,320 seven elders from the presetary gathered to  consider options for these two properties after   156 00:18:08,320 --> 00:18:14,720 significant due diligence and consideration. The  decision was made to partner with Menanite Housing   157 00:18:14,720 --> 00:18:20,880 for the development of affordable senior housing.  The reason that we chose Nanite Housing is that   158 00:18:20,880 --> 00:18:27,440 they are local and have an extensive history  of successful management of senior properties.   159 00:18:27,440 --> 00:18:35,600 Among other considerations, the criteria for  establishing these two properties as affordable   160 00:18:35,600 --> 00:18:42,800 senior housing included the need to honor the  65 plus year legacy of the ministries of these   161 00:18:42,800 --> 00:18:48,640 congregations in these two locations to create  something that would be complimentary to each   162 00:18:48,640 --> 00:18:56,320 neighborhood but most importantly something  that would serve an additional ministry need.   163 00:18:56,320 --> 00:19:02,720 These two properties, if developed, will assist  the city council in responding to the appeals   164 00:19:02,720 --> 00:19:10,400 of justice together for affordable housing  and they will develop vacant land within the   165 00:19:10,400 --> 00:19:20,240 city limits so it makes transportation  easier for the residents. Thank you. 166 00:19:24,320 --> 00:19:31,120 And Menac Housing is a local nonprofit  organization located here in Witchah Mission   167 00:19:31,120 --> 00:19:37,600 is and has been for many years provide affordable  housing in the communities we serve. Most of what   168 00:19:37,600 --> 00:19:45,600 we have developed in the past is in the Witchah  uh area. We have worked with KHRC for 35 years,   169 00:19:45,600 --> 00:19:56,800 developed 22 uh LITC properties, over 900 units,  and we currently manage um a little over,300 units   170 00:19:56,800 --> 00:20:07,200 in 35 properties all in Kansas. That includes 960  units at 24 properties here in Witchah. And in   171 00:20:07,200 --> 00:20:15,760 those we got 226 units at the four properties  that are uh witchaw uh city uh rad properties   172 00:20:15,760 --> 00:20:22,400 that we have taken the over the property  management on. So we're very excited about   173 00:20:22,400 --> 00:20:29,360 the opportunity to have two local organizations  with a common goal come together to provide   174 00:20:29,360 --> 00:20:35,200 additional affordable housing for the Witchah  community and specifically for seniors here. So,   175 00:20:35,200 --> 00:20:44,480 a little bit about the description of the project.  Again, 46 units, seniors, uh to be 55 and older,   176 00:20:44,480 --> 00:20:52,240 two locations. Uh we've got the unit mix split  evenly between one and three bedrooms. You can   177 00:20:52,240 --> 00:21:02,560 see the square footage. Each unit uh includes a  safe room and a onecar garage. Both locations,   178 00:21:02,560 --> 00:21:10,960 both the Gilbert Street and the 27th Street South  would include a building, pub house building,   179 00:21:10,960 --> 00:21:18,160 uh that would have a community room, kitchen,  restrooms, exercise equipment, outdoor patio,   180 00:21:18,160 --> 00:21:23,440 and we do have on-site manager, uh  part-time on-site manager, part-time   181 00:21:23,440 --> 00:21:30,240 uh maintenance technicians, and then I announcing  would be responsible for the ground maintenance.   182 00:21:31,200 --> 00:21:36,720 And this gives you a picture uh rendering  architect's rendering a couple views of what the   183 00:21:36,720 --> 00:21:44,160 uh the forlex design looks like. And we've  uh used this design on another project that   184 00:21:44,160 --> 00:21:50,800 uh we developed in Newton about 5 years ago. Uh  we just got approval to the second phase there. So   185 00:21:50,800 --> 00:21:58,800 we're going to do a similar look here in Newton.  um is very well received in Newton and u we've   186 00:21:58,800 --> 00:22:04,400 identified few improvements from from that project  that we've included in with what we're proposing   187 00:22:04,400 --> 00:22:12,640 to do here. So uh forlex design you see the front  elevation garages um you know pretty much on side   188 00:22:12,640 --> 00:22:21,360 uh side view and then the rear view. the rear  view shows the open back patio and we do um have a   189 00:22:21,360 --> 00:22:28,640 divider in the middle between the interior units.  When we were um developing the Newton project,   190 00:22:28,640 --> 00:22:33,760 we did have dividers on the end, but um when  we talked to the residents, they really prefer   191 00:22:33,760 --> 00:22:39,040 to have that open. So, it's a nice open look back  there. So, each resident would have its own front   192 00:22:39,040 --> 00:22:48,240 entrance, own onecar garage, and its own uh rear  patio. And then the site plan, this is at 8031   193 00:22:48,240 --> 00:22:58,480 East Gilbert there, uh, close to Kellogg and Roth.  Uh, here. So, the forplexes, there's six forlex,   194 00:22:58,480 --> 00:23:09,760 six forplexes that you can see uh, on the site  plan here. And then on the East Gilbert site,   195 00:23:09,760 --> 00:23:18,960 we do plan to keep the existing church building.  And so the building is right here. And we would   196 00:23:18,960 --> 00:23:25,200 use the sanctuary and fellowship hall. And there's  also a good size kitchen already. We would use   197 00:23:25,200 --> 00:23:33,920 those here for our community space and build out  the amenities that were shown on a previous slide.   198 00:23:33,920 --> 00:23:39,920 And then we are looking to use the north wing of  the existing building to put a couple units in   199 00:23:39,920 --> 00:23:45,440 there, one zero and one two bedrooms. So, we  believe that we could really do an efficient   200 00:23:45,440 --> 00:23:51,920 um construction property here by keeping the  existing um building utilizing that for some   201 00:23:51,920 --> 00:23:57,520 of these amenities and also a couple units  rather than doing demolition on this one and   202 00:23:57,520 --> 00:24:06,560 uh and building new. On the U South property,  the 27th Street South, we would plan to   203 00:24:06,560 --> 00:24:12,800 uh demolish the church building based on where  it was located. we just couldn't um work that   204 00:24:12,800 --> 00:24:23,040 into the plans and we'd have the uh five forlexes  for 20 units. And then here where it shows office,   205 00:24:23,040 --> 00:24:33,760 that would actually be about a 1500  ft² office/lothouse uh facility there. 206 00:24:33,760 --> 00:24:40,880 And this shows the unit mix, shows the rent  rates and the various uh levels of uh qualifying   207 00:24:40,880 --> 00:24:47,440 individuals based on their income. And so what  we tried to do was to focus as many units as   208 00:24:47,440 --> 00:24:55,040 we could at the various um different levels. So  we've got an even distribution between 30, 50,   209 00:24:55,040 --> 00:25:08,160 and 60% AMI. And that allows for a a a very good  impact on those lowest um income individuals um   210 00:25:08,160 --> 00:25:16,640 seniors that we'd be working with here. So the  same number of units at 30, 50, and 60. We also   211 00:25:16,640 --> 00:25:22,720 normally elect income averaging. We've done that  for about the last four or five years as that's   212 00:25:22,720 --> 00:25:28,960 been made available through KHRC. And what that  does is allows us to provide some units for folks   213 00:25:28,960 --> 00:25:35,760 that are above 60% area median income but below  80%. Now you'll notice the rent rates are the same   214 00:25:35,760 --> 00:25:43,520 for the 60 and the 80s. So we're not looking to  really going into the project increase the rents,   215 00:25:43,520 --> 00:25:51,280 but this does give us flexibility to allow  for a little bit wider population that needs   216 00:25:51,280 --> 00:25:57,600 to be served. If they're just a little over 60 in  that 70% range, whatever below 80, they can still   217 00:25:57,600 --> 00:26:03,360 potentially qualify. Not a lot of units, but we do  have four units through the to have been electing   218 00:26:03,360 --> 00:26:09,600 the income averaging. Gives us a little more  flexibility there. The funding sources are shown   219 00:26:09,600 --> 00:26:22,400 here and we do um uh include the federal state  uh litec uh funding uh permanent loan. We will   220 00:26:22,400 --> 00:26:31,680 be requesting both home and htf funds from KHRC.  And then you can see we're requesting 200,000 uh   221 00:26:31,680 --> 00:26:39,920 here from the city of Waw home funds. And uh you  know that is critical for uh the application. It   222 00:26:39,920 --> 00:26:50,400 does make the application stronger by um receiving  uh as was mentioned at least $4,000 per uh unit.   223 00:26:50,400 --> 00:26:56,080 So that's a critical piece of the application  there. And then the timeline in this case,   224 00:26:56,080 --> 00:27:00,720 we've already started a process to go through a  zoning change. And you can see we've been involved   225 00:27:00,720 --> 00:27:09,840 with that since November and have proceeded with  the various uh uh meetings with um council members   226 00:27:09,840 --> 00:27:17,840 and uh planning commission, planning staff, dab  meetings, and we got city council next Tuesday.   227 00:27:17,840 --> 00:27:24,960 So, so far it's met with positive uh reaction.  from each of those groups. And so, uh, last step   228 00:27:24,960 --> 00:27:30,320 would be next Tuesday. We'll see how things go  next Tuesday. But, uh, in order to put this, uh,   229 00:27:30,320 --> 00:27:35,680 application be able to move forward with it, we  decided, let's go ahead and start working towards,   230 00:27:35,680 --> 00:27:43,760 uh, getting its own multifamily from, uh, single  family. And then um if we're awarded then we would   231 00:27:43,760 --> 00:27:52,000 anticipate starting construction uh by March  of next year 2027 and complete construction in   232 00:27:52,000 --> 00:28:00,160 uh in about 12 months. So with that  be happy to answer any questions. 233 00:28:00,160 --> 00:28:05,280 I'd like to say I love the collaboration and  the partnership ensuring that not only are   234 00:28:05,280 --> 00:28:11,200 you meeting the needs for affordable housing, but  you're also um ensuring that the historical value   235 00:28:11,200 --> 00:28:18,080 of the community is protected. I am curious to  know what ministry you indicated there as long   236 00:28:18,080 --> 00:28:25,440 as there's some ways to provide ministry in this  development. Just curious what that looks like. 237 00:28:27,280 --> 00:28:33,680 There are a couple of opportunities for ministry.  My wife serves coffee at Second Light two days   238 00:28:33,680 --> 00:28:39,840 a week and there's a huge need for seniors down  there with some really heartbreaking stories. So,   239 00:28:39,840 --> 00:28:44,880 there's a ministry to aid those seniors.  You've seen the rent levels here. They're   240 00:28:44,880 --> 00:28:52,880 extremely affordable, $360 a month for the least  expensive unit. We looked at the central landing   241 00:28:52,880 --> 00:28:58,480 development that Central Community Church did  on West Maple and Menanite Housing is managing   242 00:28:58,480 --> 00:29:04,800 that. But listen to the the thrill in the  lives of the people that had a place to   243 00:29:04,800 --> 00:29:10,720 call home. When we began our due diligence with  the nearby schools in each of these locations,   244 00:29:10,720 --> 00:29:14,400 we met with the principles and the social  workers of each of the schools asking,   245 00:29:14,400 --> 00:29:22,080 "What can we do? How can we help?" The dominant  response from each of them is we just need help   246 00:29:22,080 --> 00:29:28,320 with bodies. We need people to come in and help  kids get across pony to get to school. We need   247 00:29:28,320 --> 00:29:34,480 people to come in and read. We need help. My my  wife was a social worker with school system and   248 00:29:34,480 --> 00:29:40,560 volunteered at Park Elementary School before  it became second life. So she could go down   249 00:29:40,560 --> 00:29:45,520 with Gracie, a kindergarten teacher with way  too many kids in her class, and helped read,   250 00:29:45,520 --> 00:29:52,160 and she became Grandma Susie. So in the same way,  we see the opportunity for the seniors in these   251 00:29:52,160 --> 00:29:58,720 two communities who are willing and able to go to  the neighboring school that are not too far away,   252 00:29:58,720 --> 00:30:02,800 read to the kids, and when you have  that type of symbiotic relationship,   253 00:30:02,800 --> 00:30:08,640 it's great for the kids and it's great for the  seniors. So there's an ongoing ministry of support   254 00:30:08,640 --> 00:30:16,400 with one another throughout the community. Thank  you. Thank you. You know, we at Men House Housing,   255 00:30:16,400 --> 00:30:22,240 we also really enjoy the opportunities to partner  with other organizations here um in the community   256 00:30:22,240 --> 00:30:29,520 a couple years ago. We partnered with Stepstone  and uh develop Bluffy Place um Harry and Hillside   257 00:30:29,520 --> 00:30:37,040 area uh 28 units for domestic violence survivors.  And it was just such a need and we're just always   258 00:30:37,040 --> 00:30:48,080 very thankful when we can partner with  those organizations uh to meet a comp. 259 00:30:48,080 --> 00:30:54,560 Hi, this is Tracy. Um, can you hear me? 260 00:30:54,560 --> 00:31:00,720 Yes. Yes, Tracy, we can hear you, but you  may need to go a little bit. Awesome. Well,   261 00:31:00,720 --> 00:31:06,080 hey, the question that I had is can I  ask why the distribution of the units   262 00:31:06,080 --> 00:31:12,880 um do you have like data that supports that for  senior housing they need more than one bedroom?   263 00:31:14,080 --> 00:31:20,640 Yeah, for senior I think the question is uh for  the senior housing why more than one bedroom and   264 00:31:20,640 --> 00:31:29,280 we've over the years um we have noticed that the  demand with seniors is actually greater for two   265 00:31:29,280 --> 00:31:36,240 bedrooms than one bedroom. Even though most of  the time the residents that are uh living there,   266 00:31:36,240 --> 00:31:44,160 it's a one person household, but they really  like having that extra bedroom for either doing   267 00:31:44,160 --> 00:31:51,120 um like office work, you know, like an office  space or craft space or just have a place that   268 00:31:51,120 --> 00:31:57,520 their kids or grandkid come over to stay for,  you know, a short visit, something like that.   269 00:31:57,520 --> 00:32:03,680 So have that extra space for those seniors that  can afford it. We've found uh there's actually we   270 00:32:03,680 --> 00:32:24,960 we often times will rent out the two bedrooms  for seniors quicker than the one bedrooms. 271 00:32:24,960 --> 00:32:33,040 Any more board member  questions for Midnight Housing? 272 00:32:33,040 --> 00:32:40,720 Hearing none, we'll move into board discussion  and a funding recommendation. Both applicants   273 00:32:40,720 --> 00:32:49,760 uh will still be here if you want to direct  additional questions to them during this time. 274 00:33:17,920 --> 00:33:23,120 Now would be a good time, I guess, to update  you on the budget situation. Yeah. And why we're   275 00:33:23,120 --> 00:33:34,720 doing an either or a forward here, excuse me. We  currently have $245,000 left in the HDL budget.   276 00:33:34,720 --> 00:33:40,240 uh one of these applications uh  Commonwealth is asking for 213,000   277 00:33:40,240 --> 00:33:50,480 and Menite is asking for 200. So that  limits us to being able to do one award. 278 00:33:50,480 --> 00:33:57,920 And just to ask, it's not worth splitting because  the part of the point is to get the points for the   279 00:33:57,920 --> 00:34:06,640 LITC funding. That's correct. And can we change  the capital stack for both projects, which I don't   280 00:34:06,640 --> 00:34:29,920 believe at this point in time since they already  submitted applications would be appropriate. 281 00:34:29,920 --> 00:34:34,080 I'm asking a question out of ignorance. the  home affordability period. I'm reading through   282 00:34:34,080 --> 00:34:43,600 the scoring sheet. Is does that line up with  LITC? Is it the same time period? Um, no. It   283 00:34:43,600 --> 00:34:50,240 the affordability period based is based on the  amount of the award and in both of these cases I   284 00:34:50,240 --> 00:35:00,400 believe it would be 20 years. Is that right? Be 20  years of of uh portability period and monitoring. 285 00:35:38,320 --> 00:35:48,640 As far as points go, I'm pretty even with both  of these candidates. Does anyone want to discuss   286 00:35:48,640 --> 00:35:58,720 pros and cons such as building or um percentage  of special needs as in weighing one higher than   287 00:35:58,720 --> 00:36:07,840 another in our decision? Uh this is a really tough  one. They're both incredibly strong applications. 288 00:36:07,840 --> 00:36:14,960 I thought about that too, Miranda. And one thing  that stood out to me with the Menite and uh is the   289 00:36:14,960 --> 00:36:22,000 first of all the collaboration. They're local and  also the fact that their percentage of addressing   290 00:36:22,000 --> 00:36:33,680 uh special needs population the percentage  is much higher in the other proposal. 291 00:36:33,680 --> 00:36:42,000 I was seeing that as well and just  feasibility of their units versus this big   292 00:36:42,000 --> 00:36:47,200 uh 212 Market Street older  property. But like I said,   293 00:36:47,200 --> 00:36:57,280 these are both amazing opportunities,  amazing builds. How do you pick? 294 00:36:57,280 --> 00:37:02,640 Did notice. I mean, based on that comment  that Midnight is asking for two bedrooms,   295 00:37:02,640 --> 00:37:09,280 that will likely go to single family homes,  uh, renters, excuse me, single person renters,   296 00:37:09,280 --> 00:37:15,040 that, you know, there is more housing per dollar  being provided in the Commonwealth development   297 00:37:15,040 --> 00:37:24,560 application if that's worth a consideration.  So, it is less less of a special population. 298 00:37:26,960 --> 00:37:31,680 So, I guess it's kind of one of those cases,  right? So, if this if they both if both these   299 00:37:31,680 --> 00:37:41,280 projects go before and try to get LITC  funding, right? Um, if they don't get the   300 00:37:41,280 --> 00:37:45,360 additional amount, I guess, do we need to look at  the likelihood that this is going to get approved   301 00:37:45,360 --> 00:37:51,600 at the next level? So, if we don't push one over  the other and it doesn't make to the next phase,   302 00:37:51,600 --> 00:37:58,560 now we've just missed financing the one that  has a likelihood of coming to fruition. Yeah,   303 00:37:58,560 --> 00:38:03,120 Tracy, I forgot to ask Commonwealth  while they're up here. It It's been   304 00:38:03,120 --> 00:38:07,280 a while since it's been a month since our  last meeting, and I done my research then,   305 00:38:07,280 --> 00:38:12,320 and I thought I I still knew it. When I looked  up the property Commonwealth was looking at,   306 00:38:12,320 --> 00:38:18,640 I saw a really long development history. looked  like a an IRB was applied for potentially other   307 00:38:18,640 --> 00:38:24,160 funings like activity since 2023. I saw  Menanite might have been a developer   308 00:38:24,160 --> 00:38:28,240 partner at one point. Would Commonwealth  be willing to talk about their development   309 00:38:28,240 --> 00:38:43,920 history of that project? Like has it been a  long time long process and not been approved? 310 00:38:43,920 --> 00:38:52,320 Yeah. So, uh, Commonwealth has been under contract  with the current seller, um, late, uh, 2025. So,   311 00:38:52,320 --> 00:38:57,120 I can't speak for a minute housing. They were  the one with another developer last year that   312 00:38:57,120 --> 00:39:05,360 applied. So, we had no affiliation. We're not  part of that project. The other property that um,   313 00:39:05,360 --> 00:39:11,760 is that you're working on in Witchah, is that a  lit supported project or is that Yep. Yeah. So,   314 00:39:11,760 --> 00:39:17,040 that one's a 42 unit new construction um  walk up style. So, completely different   315 00:39:17,040 --> 00:39:27,040 kind of product type. Yeah. 4% or uh 9% 100%  affordable. Okay. You got your foot in the 316 00:39:27,040 --> 00:39:31,840 That res's 317 00:39:31,840 --> 00:39:36,160 property came before this board  before your tenure call and   318 00:39:36,160 --> 00:39:39,920 uh they received home funding at that time. 319 00:39:41,680 --> 00:39:49,840 So the question that I have is like kind  of looking from the number of units, right,   320 00:39:49,840 --> 00:39:54,560 that could potentially be in there,  the location of the historic property,   321 00:39:54,560 --> 00:40:00,720 plus taking into account other funding that  could be stacked with this as far as the   322 00:40:00,720 --> 00:40:06,800 historical funding. Now you're combining  multiple funding sources in to take this   323 00:40:06,800 --> 00:40:14,960 older building that eventually something's  going to need to be done to it. Anyway, 324 00:40:14,960 --> 00:40:21,200 that's why I guess I'm kind of leaning more  towards the Commonwealth project only from   325 00:40:21,200 --> 00:40:28,080 the aspect of being able to couple it  with other funds to make it happen. Um,   326 00:40:28,080 --> 00:40:31,120 I don't know. What are your  guys' thoughts on that? 327 00:40:35,280 --> 00:40:42,800 Sorry. So, there's a lot going on downtown and  when you take that historic building, it's going   328 00:40:42,800 --> 00:40:50,240 to take a lot of work. I am concerned that the tax  credits are going to be enough to pay for the help   329 00:40:50,240 --> 00:40:55,760 with the renovations that are going to be in  order to stay in that historic registry. Um,   330 00:40:55,760 --> 00:41:03,360 it's going to be a lot to to make happen. There's  a lot of other construction going on downtown,   331 00:41:03,360 --> 00:41:11,440 hotels. Um, more apartments coming. We need  them. I mean, I think that's great. I I'm   332 00:41:11,440 --> 00:41:18,960 leaning more towards a menite housing just for the  component the the uh collaboration component that,   333 00:41:18,960 --> 00:41:23,760 you know, the seniors seem to be getting the  short end of the stick a lot of times when you   334 00:41:23,760 --> 00:41:28,400 talk about like downtown apartments and stuff.  There's they don't want to live downtown. They   335 00:41:28,400 --> 00:41:33,680 don't work for downtown. We need more  of that type housing in the, you know,   336 00:41:33,680 --> 00:41:39,680 outside of the city. I'm leaning more towards  the the Menanite housing just for that. I mean,   337 00:41:39,680 --> 00:41:48,320 just thinking we need more  more housing for our seniors. 338 00:41:48,320 --> 00:41:52,000 Well, plus the location of the one,  especially the one on 27th Street. I mean,   339 00:41:52,000 --> 00:41:59,040 that's a prime integrated area  for that to be infilled in. 340 00:42:01,360 --> 00:42:06,160 with other family members and things like that  that could potentially be living nearby. I mean,   341 00:42:06,160 --> 00:42:10,480 that's I said they both have good merits  about them. I am concerned about parking   342 00:42:10,480 --> 00:42:20,160 for Commonwealth. Where are  you going to park everybody? 343 00:42:20,160 --> 00:42:24,560 Um, so with the property, there's 26.  Um, we're currently in discussions with   344 00:42:24,560 --> 00:42:29,760 neighboring properties. Um I spoke to one of  the owners that owns the market center parking   345 00:42:29,760 --> 00:42:36,800 garage and he's worked with um the national  and the lux apartments and he rent stalls out   346 00:42:36,800 --> 00:42:41,680 um to those to that ownership and then  he's also working with um I don't know   347 00:42:41,680 --> 00:42:47,440 the affordable house developer that's doing  the is it market center 114 unit bond deal   348 00:42:47,440 --> 00:42:52,080 um so we would look to potentially  pay rest spaces for that parking 349 00:42:56,480 --> 00:43:04,160 You got to take it. Uh yeah, we we don't have  anything set. So there goes your rent. Um but   350 00:43:04,160 --> 00:43:07,760 yeah, we realized that was something that  we needed to definitely address because when   351 00:43:07,760 --> 00:43:18,000 we spoke with management, that was a concern  was party. So you know, that's something for 352 00:43:22,160 --> 00:43:26,000 Um, can I ask another question  from Menite as far as like you   353 00:43:26,000 --> 00:43:29,040 guys going to the district advisory  boards? It showed that you went there   354 00:43:29,040 --> 00:43:38,320 in January. What was the feedback  from area residents around there? 355 00:43:38,320 --> 00:43:44,320 Yeah, we've had positive responses from uh  residents in both locations. you know, it's   356 00:43:44,320 --> 00:43:50,400 been good to have discussions with them because  they have brought up concerns that they've got   357 00:43:50,400 --> 00:44:00,400 um at both locations. You know, they've uh talked  about um uh security type of concerns that they've   358 00:44:00,400 --> 00:44:08,080 got, especially for seniors. And so, we often  times will um put in uh surveillance cameras. So,   359 00:44:08,080 --> 00:44:12,560 after listening to them, we thought uh we  definitely want to go ahead and do that.   360 00:44:13,280 --> 00:44:20,560 um you know, we don't see the either one of these  areas as a really a difficult area from a like a   361 00:44:20,560 --> 00:44:26,480 crime or or is or that kind of a standpoint.  Again, we've got a lot of properties in many   362 00:44:26,480 --> 00:44:31,760 different locations in Witchah. Some that we  were concerned about when we went in with the   363 00:44:31,760 --> 00:44:39,520 developments and um and we've been we've been fine  with the way we managed property. So, we don't see   364 00:44:39,520 --> 00:44:48,640 uh from a crime or uh security situation any  heightened sense that we need to be alarmed about,   365 00:44:48,640 --> 00:44:53,680 but just having the conversations with the  neighbors and listening to their concerns   366 00:44:53,680 --> 00:45:01,280 has been very good. We we weren't required  to have neighborhood meetings, but when we do   367 00:45:01,280 --> 00:45:07,120 developments, we want to be good neighbors.  So, we sent out uh postcards and scheduled   368 00:45:07,120 --> 00:45:11,120 u neighborhood like town hall kind of  meetings. We didn't have a great response,   369 00:45:11,120 --> 00:45:15,920 but we at least allowed them the opportunity to  come and listen to what the development uh what   370 00:45:15,920 --> 00:45:22,080 our development plans were. We had probably maybe  8 to 10 uh residents that were concerned enough   371 00:45:22,080 --> 00:45:29,680 to show up and we had good discussion with them.  And um I would say that we talked about drainage   372 00:45:29,680 --> 00:45:38,080 concerns and we talked about specifically at the  East Gilbert location which has Bostic Elementary   373 00:45:38,080 --> 00:45:45,920 just to the east. And when the buses come in in  the morning and the evening to uh drop off and   374 00:45:45,920 --> 00:45:54,160 and pick up kids and and and parents come by, just  the volume of traffic has been a concern. And so   375 00:45:54,160 --> 00:46:01,680 I know Bill has started some conversations with  principal at Boston Elementary and we want to see   376 00:46:01,680 --> 00:46:08,720 what we can do to actually maybe help them with  with uh improving the situation. We don't want to   377 00:46:08,720 --> 00:46:18,960 go in and make any any situation worse. On the uh  on the east side of the 831 East Gilbert property,   378 00:46:18,960 --> 00:46:26,720 there is a an existing parking lot that when kids  get dropped off and picked up uh that the the   379 00:46:26,720 --> 00:46:34,560 the parents use that. And so we are uh starting  conversations with the school since that a part of   380 00:46:34,560 --> 00:46:41,600 our plan is to put apartments there. That parking  lot would no longer be there. And so we want to   381 00:46:41,600 --> 00:46:46,480 talk to the school about what's going to be their  plan to take care of that situation. You know,   382 00:46:46,480 --> 00:46:53,200 they should not really be relying on private  property to um to to address that situation.   383 00:46:53,200 --> 00:47:02,400 And so we believe there is um sufficient land on  uh their property that uh that could be used for   384 00:47:02,400 --> 00:47:07,680 parking. So our conversations, you know, it's not  like it's always been totally positive. We never   385 00:47:07,680 --> 00:47:12,000 see that when we go into developments. But we want  to be open and that's what we've been and we've   386 00:47:12,000 --> 00:47:18,160 heard from them and they've heard from us. And um  you know, we did not get negative comments at the   387 00:47:18,160 --> 00:47:23,520 DAB meetings. the comments that we've had were  at the meetings we scheduled prior to that and   388 00:47:23,520 --> 00:47:29,600 they've they've all got opportunities to come and  share at any any of the dab meetings. So, um so   389 00:47:29,600 --> 00:47:39,200 we we've had positive responses at really all the  meetings we've had and good open communication. 390 00:47:42,800 --> 00:47:50,400 So, I have sorry to go back and forth, but  I do have one question for Commonwealth. Um,   391 00:47:50,400 --> 00:47:56,560 one of the things is the properties that are  going up are the the properties that you plan   392 00:47:56,560 --> 00:48:05,520 on redoing, are you going you're not going to  be looking for a tax abatement later? Correct. 393 00:48:05,520 --> 00:48:11,680 Uh, yeah. Tax abatement currently is not  anticipated. Yeah, no uh tax payment we're   394 00:48:11,680 --> 00:48:17,040 applying for. We are going to be applying for the  sales tax exemption again to be more competitive,   395 00:48:17,040 --> 00:48:24,000 but at this time we're not anticipating um a  request for a tax payment. Okay. So, whenever   396 00:48:24,000 --> 00:48:30,480 these properties are developed or these units  are developed from this property, then the city   397 00:48:30,480 --> 00:48:37,840 of Witchaw and the county will be able to assess  property taxes against that property. Correct.   398 00:48:37,840 --> 00:48:43,120 Correct. Yeah, we uh we make sure when we go  into a new municipality that we work with the tax   399 00:48:43,120 --> 00:48:49,600 assessor because some of them each municipality is  very different on how they assess low-inccome tax   400 00:48:49,600 --> 00:48:54,080 credit projects. So, we want to make sure that  obviously what we're putting in our model is   401 00:48:54,080 --> 00:49:00,800 reflective of you know what they're going to tax  it at. So, um but yeah, uh we are anticipating to   402 00:49:00,800 --> 00:49:07,200 pay the taxes to the city and county. Okay.  So basically part of the funds then will be   403 00:49:07,200 --> 00:49:13,520 recaptured t taxpayer funds will be recaptured  from property taxes where I know with the other   404 00:49:13,520 --> 00:49:21,840 project they're applying to be tax exempt on real  estate tax exempt on those properties. Our river   405 00:49:21,840 --> 00:49:28,400 is not tax there's no tax payment on that.  We have sales tax exemption but uh the river   406 00:49:28,400 --> 00:49:55,840 project we are real estate taxes will be paid as  well if that was your question. Okay, thank you. 407 00:50:05,520 --> 00:50:08,960 Brandon, 408 00:50:08,960 --> 00:50:13,680 he's sleeping. 409 00:50:13,680 --> 00:50:21,520 What did you It's interesting. He's sleeping.  More so the discussion piece. I mean, weighing   410 00:50:21,520 --> 00:50:26,720 these two. I think they're both great options.  Um, I definitely do think that the uh Menite   411 00:50:26,720 --> 00:50:34,080 Housing Program and specifically the senior and  the affordability aspect is a little stronger. And   412 00:50:34,080 --> 00:50:41,280 so that's that's where my mind's at right now. And  I definitely don't want to discredit Commonwealth.   413 00:50:41,280 --> 00:50:45,920 I think doing something with that building would  be amazing. Uh, I think something needs to happen   414 00:50:45,920 --> 00:50:50,720 to that building downtown. I hate that you're  come I know I know this affordable housing,   415 00:50:50,720 --> 00:50:54,880 so I got to be careful what I say here.  I hate that you're coming in under that,   416 00:50:54,880 --> 00:51:05,440 but I think there that's a great property to  housing, but careful what I say in this board.   417 00:51:05,440 --> 00:51:09,440 And to add to that, I can see how beneficial it  would be for students who are going to school   418 00:51:09,440 --> 00:51:16,000 downtown and how it could provide affordable  housing. I would say that that's a um a plus   419 00:51:16,000 --> 00:51:23,600 um in providing um affordable housing in that  building. Um but once again uh with the menite   420 00:51:23,600 --> 00:51:31,520 um I just I think that's um more viable  option and I'd like to make a motion. Is   421 00:51:31,520 --> 00:51:36,560 this a good time to do that? Certainly. Okay.  I'd like to make a motion that we approve the   422 00:51:36,560 --> 00:51:48,160 Menite Housing Rehab Services application for  $200,000. Second. I have a motion and a second. 423 00:51:49,840 --> 00:52:03,440 All those in favor of the motion  say I. I. I. Those opposed. I I. 424 00:52:03,440 --> 00:52:12,480 So I'm hearing four board  members for the proposal,   425 00:52:12,480 --> 00:52:17,520 two against, zero abstain. Is that correct? 426 00:52:20,400 --> 00:52:28,240 Okay, I believe the motion passes 427 00:52:28,240 --> 00:52:42,720 and housing will be awarded a commitment of  $200,000 from the city of Wah's HLP fund. 428 00:52:48,240 --> 00:52:54,080 Having said that, the applicants  are welcome to stay or leave or can   429 00:52:54,080 --> 00:52:59,920 hang around until after the meeting if you  have questions or discussion for chat. But   430 00:52:59,920 --> 00:53:04,640 uh we certainly thank you for your presentations  today, all the thought preparation that went into   431 00:53:04,640 --> 00:53:12,080 it. We're appreciative of uh your willingness to  help affordable housing in the city. That's right. 432 00:53:15,680 --> 00:53:28,480 Thank you so much. Thank you. Appreciate. 433 00:53:28,480 --> 00:53:34,240 We'll move on to the next item of updates  and reminders. I'd like to update you on the   434 00:53:34,240 --> 00:53:42,080 Country Acres request for proposal. That's  26 housing units and five vacant lots at   435 00:53:42,080 --> 00:53:51,360 um the northwest area of Witchaw. Uh that RFP  was released on January 8th. Uh our property   436 00:53:51,360 --> 00:53:58,400 walkthroughs were uh conducted January 13th  through 16th and then an out ofstate group   437 00:53:58,400 --> 00:54:06,240 actually walk through this morning. We  begin receiving questions uh via email   438 00:54:06,240 --> 00:54:13,360 for the question and answer addendum that we  will uh post on January 28th. Proposals are   439 00:54:13,360 --> 00:54:24,400 due February 13th and you guys will get this  brought before you tenatively on the February   440 00:54:24,400 --> 00:54:32,800 23rd meeting here with the goal of presenting  it to city council in March. Um, we're fairly   441 00:54:32,800 --> 00:54:40,000 optimistic in this schedule. So, that'll give  you something to look forward to next month. 442 00:54:40,000 --> 00:54:45,120 And one thing I did want to remind you  of is um, regardless of when you started,   443 00:54:45,120 --> 00:54:52,800 your board term ends March 31st of this year. So,  uh, staff recommends that you reach out to your   444 00:54:52,800 --> 00:55:01,440 appointing council member or mayor and schedule  your future in the board. If you wish to remain,   445 00:55:01,440 --> 00:55:09,360 um, they will need to, um, appoint you for  another term. And if this isn't something   446 00:55:09,360 --> 00:55:14,800 you want to continue to do, they would  appreciate the heads up. I'm sure you uh,   447 00:55:14,800 --> 00:55:23,600 find another appointee. So, just  wanted to bring that out there. 448 00:55:23,600 --> 00:55:31,040 Having said that, is there any other business or  open discussion? Yeah, I I'm very much putting   449 00:55:31,040 --> 00:55:37,520 the cart before the horse here. Don't shoot me  down. Um, the role potentially of this board could   450 00:55:37,520 --> 00:55:43,680 change depending on how council votes on sales  tax and the community votes on the sales tax.   451 00:55:43,680 --> 00:55:49,440 Will that affect terms in any way? Should  we be expecting this board to expand? Is   452 00:55:49,440 --> 00:55:59,600 the work needed on our end um in the coming  months or are we just uh we're just kind of   453 00:55:59,600 --> 00:56:05,680 rolling through March and then we're good to  go. We'll see what happens next term. I'm gonna   454 00:56:05,680 --> 00:56:12,720 invite Sally to chime in here. She's on, but I'm  I'm here too. Um it's it's status quo for now,   455 00:56:12,720 --> 00:56:19,600 right? So um tomorrow this is a presentation  of the guard rails and how we see it. But   456 00:56:19,600 --> 00:56:26,400 um in terms of increasing financial resources  to affordable housing in our community, it was   457 00:56:26,400 --> 00:56:32,560 foreseen that a lot of the standard operating  practices that this board executes will continue   458 00:56:32,560 --> 00:56:38,960 to deliver those additional services. And there  was talk of expanding just the size of this board,   459 00:56:38,960 --> 00:56:43,840 but that's also not new to expand the size  of this board because of the difficulty in   460 00:56:43,840 --> 00:56:59,360 maintaining quorum if you will. So right  now status quo you don't get off that. 461 00:56:59,360 --> 00:57:06,000 Any other discussion? So I do have one thing  that I wanted to talk to to ask about. So   462 00:57:06,000 --> 00:57:13,680 like right now from I guess the overall goal of  the housing department and where the need is in   463 00:57:13,680 --> 00:57:19,280 the community is there like so like for example  with these two particular projects we had a lot   464 00:57:19,280 --> 00:57:27,680 of you know they were close and I guess one is  serving a different population over another. So,   465 00:57:27,680 --> 00:57:36,080 do we have like a current list of what  are we really short of what I know and   466 00:57:36,080 --> 00:57:40,480 I know it's all housing, but are we short more  one-bedroom units? Are we short more two-bedroom   467 00:57:40,480 --> 00:57:49,600 units? Like where's the gap? So, if the city  has a need and if the need is 10,000 units,   468 00:57:49,600 --> 00:57:55,760 what's the breakdown of the gap that we  have in our area now? Is there a way for   469 00:57:55,760 --> 00:58:06,640 us to go find that? We need 44,000  rooftops. That's how short we are. 470 00:58:06,640 --> 00:58:11,120 Steve, do you have any insight on that or  sadly? No. No. And I'm also looking at coal   471 00:58:11,120 --> 00:58:17,680 because right coal does a gap and needs analysis  for our homelessness services sector. We've got   472 00:58:17,680 --> 00:58:24,160 44,000 units and generally we believe that any new  rooftop is beneficial to the system because even   473 00:58:24,160 --> 00:58:30,960 if it's not in the affordable range, you know, it  rolls downhill to affordable when somebody moves   474 00:58:30,960 --> 00:58:36,800 up the ladder, if you will. I voted against the  senior housing, but that will open up homes that   475 00:58:36,800 --> 00:58:43,840 currently need to be used by families, but are  you know by like I it's a complex ecosystem. But   476 00:58:43,840 --> 00:58:49,360 I hear what you're saying, Tracy, and I wondered  the same thing as I was going through. Like,   477 00:58:49,360 --> 00:58:55,680 which population is worth more points is kind of  the harshest way to say it. Are seniors worth more   478 00:58:55,680 --> 00:59:01,920 points than the disabled community? Is that  something that needs to be defined by us? Yes   479 00:59:01,920 --> 00:59:08,320 or no? Or is that just taken project by project?  The gap is so big. We have to look at everything   480 00:59:08,320 --> 00:59:12,480 like he just said, rooftops, rooftops, rooftop,  however we get. That's what I was saying about   481 00:59:12,480 --> 00:59:18,480 that Commonwealth deal. Hate that you're coming  in not hate but that you're coming in because it   482 00:59:18,480 --> 00:59:26,560 could be great 50s whatever unit apartments. Yeah.  When I look at the Commonwealth versus Menites,   483 00:59:26,560 --> 00:59:33,040 the percentage I think is what made me think about  because they were only going to have like 10% of   484 00:59:33,040 --> 00:59:41,360 the units available whereas seniors it's it's a  broader uh group. the percentage was more right.   485 00:59:41,360 --> 00:59:49,920 But I'm also looking at it like at what point if  we if we're really trying to provide affordable   486 00:59:49,920 --> 00:59:55,760 housing, it's one of those like in knowing where  the gap is, right? If we understand that, hey,   487 00:59:55,760 --> 01:00:01,600 like right now we know number one homeless  population is what? Single men and women.   488 01:00:01,600 --> 01:00:10,320 So it it's like okay onebedroom or efficiency  units helps fill the greatest need right but   489 01:00:10,320 --> 01:00:14,960 if the greatest need is Sally says hey we need  a whole bunch of people because we need five   490 01:00:14,960 --> 01:00:24,720 bedroomedroom sixbedroom units to support larger  families then I guess it's also going back into   491 01:00:24,720 --> 01:00:31,760 which is the highest best use of the resources  that we're being given because eventually if the   492 01:00:31,760 --> 01:00:38,800 resources aren't there or the resources, you know,  aren't matching what we need, whether a sales tax   493 01:00:38,800 --> 01:00:46,240 is passed or not, it's still understanding like  where that gap is. Where have we identified that?   494 01:00:46,240 --> 01:00:52,000 Because the cost to build multi-unit properties  for three-bedroom or onebs, there should be some   495 01:00:52,000 --> 01:00:59,920 sort of priority, not just to the total number of  units, but to which needs to be served right now.   496 01:01:00,880 --> 01:01:06,880 And if it's senior housing, then great. It's  senior housing, right? Then we know and now   497 01:01:06,880 --> 01:01:11,840 you could say senior housing, one bedrooms, two  bedrooms. I I think it'd be a great problem for   498 01:01:11,840 --> 01:01:18,000 us to have to talk about in the future of starting  to ask our developers, hey, we really need one,   499 01:01:18,000 --> 01:01:23,680 you know, we need 41bedrooms because that's our  biggest need. I don't I mean you can speak to this   500 01:01:23,680 --> 01:01:28,960 and I but I'm I don't feel like that's where  we're at yet that we need so many rooftops,   501 01:01:28,960 --> 01:01:34,640 so many different size rooms, units, everything.  I mean, that's a great problem that we'll have to   502 01:01:34,640 --> 01:01:40,400 address at some point hopefully. I would love  for this board to get that far into it that   503 01:01:40,400 --> 01:01:46,720 we need to start focusing in on certain  demographics or sizes if you will. So,   504 01:01:46,720 --> 01:01:51,600 but it also goes back to the per unit, right? It  goes back to the cost per unit. If you look at   505 01:01:51,600 --> 01:01:57,440 some of the other projects that we've given out  funding to at $90,000 to be able to serve an x   506 01:01:57,440 --> 01:02:05,520 amount of number of people where if the money was  set back and going, okay, that $90,000 if some of   507 01:02:05,520 --> 01:02:09,440 the properties that we hadn't funded before, there  would have been enough funds to be able to support   508 01:02:09,440 --> 01:02:18,960 both of these multi-unit projects. Then you're  risking losing the a developer at that time. 509 01:02:18,960 --> 01:02:27,200 Troy, my comment is sort of around that. We  need so many rooftops. The best facilities   510 01:02:27,200 --> 01:02:35,040 are mixed mixed income, mixed sizes, right,  in the right spots. Some developers need   511 01:02:35,040 --> 01:02:40,880 to have that mixed one, two, threebedroom  in order to for it to pencil. So, I mean,   512 01:02:40,880 --> 01:02:46,080 we don't want to definitely get in the position  where we're over like del we're overstating you   513 01:02:46,080 --> 01:02:53,840 need to have a complex of efficiency apartments  that are all for people that are 30% AMI. What's   514 01:02:53,840 --> 01:02:58,000 going to be the outcome of that? Well, it's going  to be more difficult to pencil. It's going to be   515 01:02:58,000 --> 01:03:03,040 more complicated to operate. It's going to  require more more social services perhaps.   516 01:03:03,040 --> 01:03:09,760 So I mean we definitely don't want to impinge  on the market's ability to self-direct and right   517 01:03:09,760 --> 01:03:20,560 and make it do its thing. I mean this is come so  this board does you know does allocate a lot of   518 01:03:20,560 --> 01:03:27,840 funds but in terms of what this board allocates  and what the private market constructs are they   519 01:03:27,840 --> 01:03:34,240 even comparable in terms of how much housing is  put on the floor put put out in the community is   520 01:03:34,240 --> 01:03:40,320 it even worth that's what I'm trying to ask is  it even worth having this conversation just in   521 01:03:40,320 --> 01:03:48,000 terms of the impact this board's able to have  compared to the private market when we know   522 01:03:48,000 --> 01:03:57,680 what we really need is as many as many units as we  can get you know online as possible. I don't know   523 01:03:57,680 --> 01:04:05,200 the answer to that. Tracy just rhetorically  Lance can I comment on something real quick   524 01:04:05,200 --> 01:04:11,920 please? Uh is this Corey with this is Corey?  Yeah. Yeah. I was a little under the weather,   525 01:04:11,920 --> 01:04:19,600 so I didn't want to expose everybody.  Uh, when we say 55 or older senior,   526 01:04:19,600 --> 01:04:30,000 you can also be disabled and younger and  qualify to be in one of our residences. 527 01:04:30,000 --> 01:04:37,440 So, we it's not just senior, it's also  disabled and stuff like that as well.   528 01:04:37,440 --> 01:04:41,600 And Cole, what we haven't necessarily done  a good job of in the past is that, you know,   529 01:04:41,600 --> 01:04:47,680 we've got 74 seniors at the homeless shelter  and we've got these projects developing that   530 01:04:47,680 --> 01:04:51,920 are specific for seniors. We haven't really  been doing a good job of connecting those   531 01:04:51,920 --> 01:04:57,760 dots like we did recently at Greenway, right?  We've got 20 open spots at Greenway. We've got   532 01:04:57,760 --> 01:05:02,880 74 seniors at how do we connect the dots?  We did a better job of doing that lately.   533 01:05:02,880 --> 01:05:09,680 And if we can watch that and make sure that we can  if we do target towards affordable housing needs,   534 01:05:09,680 --> 01:05:21,040 we're also targeting the people who specifically  need them or let the market drive itself. 535 01:05:21,040 --> 01:05:28,480 That was a good point. Thank you  for your insight, sir, Corey. 536 01:05:32,800 --> 01:05:38,320 Any further discussion? 537 01:05:38,320 --> 01:05:44,640 Hearing none. Do we have a motion to  adjurnn? I have a motion to adjourn. 538 01:05:44,640 --> 01:05:54,400 All those in favor? I I those opposed. 539 01:05:54,400 --> 01:05:58,000 Just one. Thank you all very  much. I wanted to stay longer. 540 01:06:00,320 --> 01:06:03,600 That's good. I need it. I I  need to be humbled around.