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okay we're
live um Mr

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Anderson Miss Capel here Mr McDade here
miss MCN here Mr

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Norton Mr oconnell here miss Ray here
and Miss Stubblefield here you have cor

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all right um and we've been asked to
approve the minutes from the July 1st

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meeting which is on the second

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page
sorry all in

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favor good or do you need to call the RO
good or do you need to call that's good

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no that's good good for that any citizen
comments

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yeser um if you would please it is
reporting

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three
minutes John mland I 1780 CH Circle in

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Charleston I want to tell you that I
watched the July meeting on YouTube so I

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have some idea what you talked about
last time uh I only had three minutes I

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want to focus on the survey you've
probably seen the the survey that's been

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suggested I haven't but these are ideas
that I'd like to mention to you first of

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all when you survey the hospitality
workers I like the idea about that was

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mentioned last time about full-time
employees I suggest you consider

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full-time maybe 30 to 32 hours
considering the kind of people that work

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here and uh while you're doing the
survey I think it wouldn't be a bad idea

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if you ask these uh employers how much
parking they need during the day so when

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you make this report to the city council
you can mention those twoo because I'm

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hoping that you'll Focus most of your
attention on housing for the city

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employees but I think it would be nice
if the city knew how much housing they

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needed for the workforce housing and
parking and maybe could focus the city

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could at least try to get some decent
parking the other survey for Public

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Safety is important because if you don't
know how much housing you need there's

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no way to be able to plan so that's a
big deal uh this I am a landl I have

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four long-term uh rentals already and if
you sent me a question and we wanted to

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survey for instance my annual L raid the
number of bedrooms the number of

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bathrooms I also suggest you ask
about the HVAC of HVAC systems whether

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they have those in Windows it'll give
you an idea how old the property is and

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uh the square footage and the rental
rate per month frankly if you send me

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that letter and ask me I'm not sure I
want to send it back to you because I

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consider some of this s proprietary my
suggestion to you is when you send me

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the letter you also send me four post
post cards so I can write down from each

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one of my units exactly these questions
put down the information and send it to

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you anonymously I know that's 105
postcards or whatever how many people

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there are but I think you will get a
more accurate survey I'm probably not

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the only person that doesn't want to
actually divulge how much they pay

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whether it's high or low mine are
probably low but I still don't think you

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have a right to see all that stuff so
think about that when you do the survey

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probably just about our time uh I think
you should focus on city

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employees and I made a proposal in 2017
as to how to do this and if you haven't

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seen that proposal you should at least
read it to give you an idea of how you

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might be able to do that if I have
another few seconds the only problem

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with doubling down on density is trying
to figure out whether or not you're

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going to do any harm to the
environment if we're going to add some

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extra housing in the single family for
special special pilot program the

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question should be who does the who uses
the most water an istr with five or six

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bedrooms or a single family who's got a
garage apartment for a police employee

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that information is available to you
through the water department and if you

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can solve that problem and say it's less
than these people then it would be

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easier to convince the city council the
mayor and the general public that this

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is a good
idea I think we done thank you very

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much thanks

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CH okay I don't have to go over there
now I'll introduce our speaker uh I have

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a friend who works in the zoning
department for the city of charlon so I

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reached out to her and asked who should
I be asking to come speak to this um

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this committee about affordable housing
and and second she suggested Giana Shaw

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Johnson um Miss Johnson is an employee
of the City of Charleston she's the

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director of the Department of Housing
and Community Development there she has

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a presentation for you and then she'll
also be available to answer

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questions at least I hope so sounds like
the gentlemen that just sat down might

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have the answers though so thank you all
for the opportunity to be with you this

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evening um always um good to share
information uh we believe even best

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practices meaning if we have some idea
of what's working in our community we're

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glad to share it with other communities
so um we don't want to recreate the

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wheel as they say so um Jenna made it
clear that it was a 7 p.m. start time

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and I said oh my God close to my bedtime
kidding but anyway glad to be here with

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you this evening uh as you all know
mayor cogwell is now our mayor of the

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City of Charleston and he likes to say
he's still drinking from the fire hose

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but doing a really good job so far um so
a little bit about the Department of

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Housing and Community Development um we
are one of 14 departments in the City of

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Charleston our mission is to facilitate
the creation of affordable and Workforce

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housing preserve existing housing
through three Rehabilitation programs

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create wealth opportunities through our
firsttime home home buyer program or

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home ownership program is the find here
provide housing and related services to

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the unsheltered and vulnerable in the
Charleston Community as well as admin

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administer federal state and local
funding and those funding sources and I

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have to remind my staff not to use
acronyms it's so hard not to do that but

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federal dollars include the Community
Development block grant funds home

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investment partnership program funds
housing opportunities with persons with

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AIDS as well as other funding sources
that we have pursued and attain all

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around this issue of housing creation
and pres uh preservation that's a little

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U snapshot of my staff I think a few
more have been added since then but that

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gives you a sense of who we are it's
about 14 to 15 of us in the um

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Department of Housing and Community
Development we support um what we call a

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spectrum of housing literally everything
from your homeless shelters we've given

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to that annually uh as far back as mayor
Riley being in service so so that's been

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a number of years transitional housing
is one that the federal government does

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not support very strongly now but we
find it critical for those that are

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unsheltered and homeless because it orig
it absolutely gives them a place to get

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off of the street public housing are
those that are managed by your public

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housing authorities and I would just say
public housing authorities manage public

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housing but in many cases they also have
private housing uh especially the City

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of Charleston theirs is literally
located

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throughout the City of Charleston itself
then what we call permanent multif

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family rental housing is anything really
permanent permanent from the standpoint

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of typically there is an afford an
affordability restriction excuse me or

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Covenant that is attached to that
housing as little as 20 years sometimes

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as long as 90 I'll talk about that more
later on and there then fair market

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rental housing which is essentially um
housing that is is um priced at the at

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the market levels and then of course
home ownership or for self housing and

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even though I'm from Charleston I talk
fast but y'all if you need me to stop at

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any point I'm glad to do that um so some
of the information I have um or I'm

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presenting to you this evening is
straight from our comprehensive plan

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that was done last year and I think
honestly those are the more recent

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pieces of data although we are pulling
some from specific places um today 42%

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of Charleston's households are cost
burdened and I think Jenna may have had

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that term in some of the information
she's presented to you previously it

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essentially means they're paying more
than 30% of their income on either rent

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or on their mortgage and so that's
essentially what 30% means that term has

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come from the federal government it also
is associated with your private sector

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financing because
typically your seers don't want to have

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you pay more than three times your
income in a mortgage and so one of the

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things that is pointed out here
neighborhoods with the majority of

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blacks or Africans
African-Americans are more than twice as

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likely to be cost burdened what you see
here on the screen gives you a sense of

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in the City of Charleston what's
happening West Ashley Peninsula which is

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downtown John's Island James Island a
portion of K Hoy Peninsula is also City

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and then Citywide and so yes we like
many other areas in our community have

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challenges when it comes to cost for the
other challenges that many communities

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across our state and Nation oh thank you
I appreciate that um household incomes

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often are not keeping up with the cost
of um housing costs as you all know

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we've seen a rise in housing costs
especially over the last 3 to four years

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Co exacerbated some of the costs that
we're seeing with the cost of

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construction the lack of supplies that
are available so it um it caused a

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ripple effect that did not affect us in
a positive way and so many times we have

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seen that um prices increased at 54%
while income was at 30 31% so naturally

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it creates a gap and so then the
question becomes how is that Gap filled

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and so often times persons like yourself
and other elected officials have to Gra

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with that bring in folks and look at
strategies that might um enable us to

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address that for your information this
is the the income ranges that we look at

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when we're determining um who we can
assist so literally the area median

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income for the City of Charleston when
you look at a family of four making 80%

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of the area median income that family
makes $84,700

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um now my planner friends would say
gaana that may be true but when we look

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at incomes in our community they aren't
actually there and so how do we help

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them when they're trying to buy housing
and so one of the things we do is we

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look at subsidy we look at firsttime
home biyo programs we look at Financial

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packages with banks so that they can
give lesser interest rate there are

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strategies that are deployed in order to
address that and I will just say when I

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saw these numbers and I saw a family of
four at 100 % of the area median income

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making
$105,000 I was like oh my God we will

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never be able to um get people in
housing but it it's happening um and we

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are doing things that are working at the
level we want absolutely not um but we

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are still pressing forward to um ensure
that home ownership happens as well as

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rental and I do have some handouts so
before I leave I'd like to share that

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with the commission you can go to the
next slide um so as our planning team in

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the city looked at our comprehensive
plan and I said last year that was

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actually late 21 early 22 when city
council approved the comprehensive plan

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as you all know that's done every 10
years and so what they shared with us is

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they did an analysis of the housing
component is that we needed

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16,31 units by the end of the decade or
by 2030 essentially more you need that

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many more or you need total total more
than what we have now um in addition to

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that so you lead me right into my next
statement um based on the incomes of the

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current population based on that
analysis there were 7,000 lowincome

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housing units that are needed just to
meet the existing need and so when we

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think about low income we think about
those persons that make 50% or below the

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area meiting income can you go back to
that chart right quick for me so 30% is

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the First Column here and so you're
looking at a household of one that might

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make
$22,000 a year and so typically that's

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the range when we're talking about
extremely low very low are those that

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are making 50% and below that area
median income number so when you hear

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that that's essentially what folks are
talking about

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00:14:00,440 --> 00:14:07,079
um right now in the City of Charleston
and honestly I think this this

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00:14:05,000 --> 00:14:11,040
particular slide's a little old but we
have

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approximately 5,400 existing affordable
homes in the City of Charleston often

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00:14:13,839 --> 00:14:21,480
times that is referred to now is
naturally occurring affordable housing

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or Noah um when I first heard that term
I giggled because I thought is there

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anything naturally occurring right now
in the City of Charleston if we aren't

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creating it there are ways to preserve
housing um but those are our numbers as

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far as housing that exists right now
that are affordable there are

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proximately 1600 units proposed or
committed through our plan unit

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00:14:41,839 --> 00:14:49,199
development so we are continuing despite
some of the challenges I mentioned to um

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facilitate the development of housing
through puds and other ways City

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00:14:51,560 --> 00:14:58,600
Planning Department along with our
department M created what we call a

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00:14:55,959 --> 00:15:03,199
dashboard so we could remain a breast of
all this that we're doing um literally

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from start to finish one of the other
reasons we wanted to create the

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00:15:04,920 --> 00:15:12,120
dashboard is because we have um began
the implementation of an expedited

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00:15:09,639 --> 00:15:17,399
review process so we're actually
challenging ourselves to see how quickly

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00:15:14,800 --> 00:15:22,399
we can get um developments from
commencement to actually going vertical

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and then get a certificate of occupancy
and I would just say y'all won look at

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00:15:24,040 --> 00:15:30,319
us right now because we're still
struggling just slightly to fine-tune

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that but we are moving forward in the
right direction next slide so here are a

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00:15:33,519 --> 00:15:41,399
few examples of what I call our
firsttime home ownership and I think

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these were the last ones we have about
14 or more going up right now 10 of

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those are attached Town Homes three are
scattered site but essentially we um

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have under our firsttime home ownership
initiative a process by which we engage

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um private sector developers or
nonprofit Developers velers the city has

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00:16:00,480 --> 00:16:07,560
typically acquired a land or a parcel
and we transfer that land and that

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00:16:05,079 --> 00:16:13,399
parcel via a development agreement to
that entity and they have to produce

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00:16:10,040 --> 00:16:19,319
housing for us and so in this case this
is in what we call the East Side

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neighborhood six of these cute little um
I wanted to say Town Homes but these are

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single family detached homes are built
these are two and a half um baths two

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00:16:26,639 --> 00:16:35,160
bedrooms I think um we call that father
grants court and so the city probably

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00:16:32,800 --> 00:16:40,800
invested in subsidy about
$85,000 per each one of those houses and

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00:16:37,920 --> 00:16:47,319
we did that in order to ensure that Gap
I talked about earlier to ensure that

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that um that subsidy existed so that
those who were interested in purchasing

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00:16:50,040 --> 00:16:56,079
could do that and what does that
essentially mean they still have to

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00:16:53,079 --> 00:17:01,480
qualify for a mortgage um we are making
it easier for them to remain in their

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00:16:58,519 --> 00:17:06,240
home if they Desire by putting subsidy
in the interesting part about these

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00:17:03,720 --> 00:17:10,600
homes are and people um stare at me
really intently when I say that these

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00:17:08,039 --> 00:17:16,199
have 90-year restrictive covenants on it
meaning that these homes can only be

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00:17:12,480 --> 00:17:21,679
sold to people in the 50 to 120% income
range the investment of that subsidy

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00:17:18,799 --> 00:17:26,000
that we make follows each um individual
we have a what we call a transfer

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00:17:23,439 --> 00:17:30,600
agreement um and that subsidy follows
that individual every time that house is

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00:17:28,079 --> 00:17:34,080
sold so so if I bought it I would get
the benefit of that $80,000 if you

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00:17:32,600 --> 00:17:39,080
bought it you would get the benefit of
that $80,000 and essentially what that

209
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does is reduce the amount of First
Mortgage that that individual has to

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pursue so it increases the likelihood of
home ownership for folks who haven't

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owned it before under our program for
the firsttime home buyer program um you

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00:17:52,120 --> 00:18:02,640
cannot have owned in home in three years
or there's some other um um tragic um

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situation that may occur death or um
divorce that enables you to come back to

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a program considered first time home
Mothership um this is another example

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this happens to be a rental development
um one of the things and I thought I had

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these before in pictures but anyway
pictures keep everybody um interested in

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what I'm talking about um one of the
things that are that's critical for us

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00:18:26,080 --> 00:18:33,320
as we develop both rental and forell
housing is money and partnership

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00:18:31,200 --> 00:18:38,919
naturally and I'll cover it before I'm
done here there are other factors that

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contribute to that but the key for us is
those partners that can bring to bear

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these types of development within a
specified period of time and then any

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incentives and additional cash that the
city might have in order to invest in

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making that happen in this case this is
what we call an affordable housing

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lowincome housing tax credit development
this is in the West Ashley community

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beautifully designed um and I will just
say there are no exceptions to design

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00:19:04,960 --> 00:19:12,480
requirements from affordable to market
rate in the city everybody goes through

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00:19:09,679 --> 00:19:18,200
the same grueling process it can be
quite grueling um Bulls Creek is the

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name of this one $16 million development
cost the city invested about $2.6

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million and we call bond funds and I'll
mention those to you later when we talk

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about um funding opportunities that help
these things come to poition next one

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this is another more recently built on
Peninsula Charleston um this is what we

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refer to as the James Lewis Jr
Apartments this is actually named after

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a city council member that was on
council at one point um this was

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actually built on a pile where we remov
the old um Ravenel Bridge from so a

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00:19:54,760 --> 00:20:01,760
portion of that land these are built
upon so this was

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interesting because the city also in
addition to bond funds invested Tiff

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funds because the infrastructure at this
particular site was a little bit more

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expensive than what you see normally
because there were pilings underneath

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the ground because the bridges spans
were moved from this particular site but

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this again is another opportunity of
rental housing in the community um this

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00:20:22,880 --> 00:20:29,960
was funded through M majority of those
funds came from lwi income housing tax

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00:20:27,720 --> 00:20:35,840
credit development but again if you
notice the city put about 7.5 million

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00:20:32,799 --> 00:20:39,200
both between the bond and the Tiff funds
um and I'll make y'all laugh because I

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00:20:37,320 --> 00:20:45,120
remind my city council members of this
when we first introduced this idea and

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we brought a development team in they um
that was many years ago but they were

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00:20:47,200 --> 00:20:53,440
indicating that it would cost 15 million
and my real estate committee said Giana

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00:20:51,679 --> 00:20:59,679
it just could not be that we have to pay
15 million for um affordable rental

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00:20:56,760 --> 00:21:04,400
housing and so it did not give approved
well unfortunately about 7 to8 years

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00:21:02,080 --> 00:21:11,120
later we paid $28
million to have rental housing approved

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00:21:08,039 --> 00:21:15,320
in in the case of this development um
especially where city land is involved

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00:21:13,320 --> 00:21:20,799
because there was an investment of city
land the city enters into what we call

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00:21:18,080 --> 00:21:26,960
an option to lease and a ground lease
which essentially means that um the

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00:21:23,520 --> 00:21:32,159
developer who built this um owns it or
rents it from the city for 6 years so

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00:21:29,400 --> 00:21:36,760
it'll be affordable for 60 years at the
end of that time frame the city gets

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00:21:34,159 --> 00:21:42,320
both the land and the improvements back
so the city can continue providing this

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00:21:39,360 --> 00:21:45,600
housing for perpetuity if it chooses or
whatever it deems most appropriate for

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00:21:44,120 --> 00:21:49,799
that
time um this is another smaller

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00:21:48,000 --> 00:21:55,159
development one of the things that we
find is many of our churches and other

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00:21:52,240 --> 00:21:59,840
faith based Partners have land sometimes
they have um houses and they don't know

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00:21:57,799 --> 00:22:05,000
what to do with it them often times they
lack the technical assistance we have

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00:22:02,400 --> 00:22:12,240
engaged an organization called Pastor
Inc they helped uh New Israel reform

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00:22:08,480 --> 00:22:18,400
Episcopal Church who owned um this was
vacant property in on this particular

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00:22:15,000 --> 00:22:22,880
site and we invested Federal our home
investment partnership program funds

264
00:22:20,640 --> 00:22:28,080
which are federal dollars
$250,000 overall cost was a million

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00:22:26,000 --> 00:22:34,440
again these are rental opportunities and
I think four or more total in this

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00:22:31,400 --> 00:22:38,720
particular development um because it
takes a little bit more handholding and

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00:22:36,279 --> 00:22:43,799
we don't have staff capacity to do that
we worked with a nonprofit group to

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00:22:41,000 --> 00:22:47,000
basically help the church get this done
the church is the recipient of the

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00:22:45,279 --> 00:22:51,720
funding the rental income that comes
from that so then they can invest it

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00:22:48,960 --> 00:22:56,120
accordingly in other pieces of land or
however they deem appropriate other

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00:22:53,159 --> 00:22:59,080
Ministries that they might have so um
they can be a little onerous about

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00:22:57,559 --> 00:23:04,960
getting it done but at the end of the
day they're always happy when it comes

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to fruition um next one please what I
have for you here are the various

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00:23:07,000 --> 00:23:15,320
funding sources that we use in order to
facilitate the development of housing

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the bond funding was actually a Geo bond
fund that the residents of the City of

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00:23:18,120 --> 00:23:26,559
Charleston approved back in
2017 so it's taken us five or more years

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00:23:23,679 --> 00:23:31,720
to really bring those to fruition um a
lot of that was hampered by by what

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00:23:29,000 --> 00:23:36,520
state housing did or the changes they
made to the regulations governing the

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00:23:34,159 --> 00:23:41,600
low-income housing tax credit so there
are more housing to come but the bond

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00:23:38,200 --> 00:23:46,080
funds typically um allow for a lot of
flexibility um developers are

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00:23:43,600 --> 00:23:50,200
consistently asking me now di winter y'
going to do another Bond allocation

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00:23:48,440 --> 00:23:56,559
naturally is not up to me but the
citizens I think that was one of those

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00:23:53,000 --> 00:24:02,760
um um items that were on the agenda that
received like 80% um of the the vote of

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00:24:00,000 --> 00:24:06,240
support from our community settlement
funds were involved the city was

285
00:24:04,360 --> 00:24:11,840
involved in a lawsuit where we were able
to get about $10 million we invested

286
00:24:09,279 --> 00:24:17,720
that in housing and are in fact getting
a return on some of those dollars so in

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00:24:14,480 --> 00:24:22,240
some instances we invest money um as a
deferred loan or deferred forgivable

288
00:24:19,640 --> 00:24:26,960
loan based on what is going on with the
strategy of that particular development

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00:24:24,919 --> 00:24:32,480
and the idea is is that we have money
revolving back so that we can invest it

290
00:24:29,720 --> 00:24:38,399
again um then there is what we call our
fee and L funding that comes Jenna from

291
00:24:35,559 --> 00:24:43,240
our mix Workforce zoning ordinance
essentially developers opt into a

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00:24:40,760 --> 00:24:47,880
particular zoning they're required to
build a certain number of affordable

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00:24:45,000 --> 00:24:54,159
units on site if they don't they have to
pay us a fee and so we have probably

294
00:24:51,360 --> 00:25:00,880
garnered over the last 10 years about
$12 million in the fan Lo fund and so it

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00:24:57,679 --> 00:25:06,440
is enable the city to both acquire land
and subsidize construction um of other

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00:25:04,000 --> 00:25:13,679
properties in many cases so it's a again
a nice way to um have a a coffer of

297
00:25:10,399 --> 00:25:18,760
non-federal funds that enables you to um
do the work that is required uh program

298
00:25:16,240 --> 00:25:23,520
income funds are those funds again that
revolve back to us often those are

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00:25:21,360 --> 00:25:28,720
associated with our federal funds and
again usually there is a note in

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00:25:26,279 --> 00:25:33,880
mortgage and everything that we do do
and so it's just a matter of whether we

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00:25:30,720 --> 00:25:39,679
have funding rolling back to us or the
nature of that project um is such that

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00:25:36,799 --> 00:25:44,480
we have granted those funds but what the
note in mortgage is important because it

303
00:25:42,200 --> 00:25:50,080
ensures that they carry out what we've
intended and if they don't then there's

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00:25:47,159 --> 00:25:55,880
another challenge that we have to face
usually successfully tax increment

305
00:25:52,720 --> 00:26:02,159
Finance funding the Tiff funding um I
guess it's been 3 to 5 years ago state

306
00:25:58,760 --> 00:26:07,120
legislators allowed us to utilize Tiff
funding for affordable housing that was

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00:26:04,679 --> 00:26:11,919
not always the case um but we're glad
that we're able to do that now because

308
00:26:09,080 --> 00:26:16,279
it allows for infrastructure costs to be
paid as well as construction costs so

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00:26:14,360 --> 00:26:22,279
that can be very helpful when you're
putting these deals together ax funds

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00:26:19,080 --> 00:26:28,720
are ones that they just approved this is
24 maybe last year if not late 22

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00:26:26,559 --> 00:26:34,120
Accommodations Tax funding which is real
important for our community um and so

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00:26:32,200 --> 00:26:39,120
some communities have already secured
those we are literally just finalizing

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00:26:36,520 --> 00:26:45,200
our proposal to State housing and I
believe we will receive approximately $2

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00:26:42,080 --> 00:26:49,520
million um from that my CFO is changing
that number a little on me but the idea

315
00:26:47,640 --> 00:26:54,279
again is that will go towards either
acquisition or construction of housing

316
00:26:52,200 --> 00:26:59,440
in our community and then I mentioned
the litech or low income housing tax

317
00:26:56,720 --> 00:27:04,200
credit that is ad administered by the
state Housing Finance and Development

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00:27:01,720 --> 00:27:10,799
Authority so they're out of Colombia
they manage probably 10 or more sources

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00:27:07,240 --> 00:27:15,679
of funds and they help to facilitate
development throughout the state of

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00:27:12,559 --> 00:27:21,799
South Carolina um federal funds state
funds and uh Governor McMaster actually

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00:27:19,320 --> 00:27:27,760
appoints the board for State housing but
they um they help create housing and

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00:27:25,200 --> 00:27:32,880
have probably done well over 50,000
units across our community the other

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00:27:30,320 --> 00:27:39,320
grants as I mentioned previously are
federal dollars um the arpa funding that

324
00:27:36,320 --> 00:27:44,799
came in a couple of years ago was also
helpful in facilitating both the

325
00:27:42,120 --> 00:27:49,399
construction and where necessary the
subsidy of Housing and then the federal

326
00:27:47,240 --> 00:27:56,519
government also offers what they refer
to as a section 108 loan that is secured

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00:27:53,360 --> 00:28:01,720
by your cdbg dollars and so those are
some of the opportunities um there are

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00:27:59,039 --> 00:28:06,880
also foundations that provide funding
for housing so there are many

329
00:28:04,120 --> 00:28:11,480
opportunities if you will to secure
funding that enables housing to be

330
00:28:09,240 --> 00:28:16,519
completed in your
communities so lowincome housing tax

331
00:28:14,320 --> 00:28:24,679
credits I've mentioned that they come in
what they call 4% or 9% very competitive

332
00:28:21,519 --> 00:28:30,480
um uh and I would just say it's moving
in the right direction the um the goals

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00:28:27,799 --> 00:28:35,240
and strategies around litech are always
a challenge for developers because it's

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00:28:32,840 --> 00:28:40,000
very competitive and they have a limited
amount of funding and so we're always

335
00:28:37,799 --> 00:28:43,600
having conversations with them on how we
can make those better they're very

336
00:28:41,840 --> 00:28:47,960
critical to the development of rental
housing especially for your low-income

337
00:28:48,200 --> 00:28:58,440
families and here are examples of um
developments that the city has invested

338
00:28:55,240 --> 00:29:04,279
funding in in these particular the two
at the top are senior developments and

339
00:29:01,279 --> 00:29:10,919
the West Ashley and Daniel Island
community um and then the one below is a

340
00:29:07,440 --> 00:29:16,640
more recent one that was just um open
it's an old school so it's what we call

341
00:29:13,279 --> 00:29:21,279
an Adaptive reuse um a school that they
had to leave the center of that building

342
00:29:19,440 --> 00:29:28,120
they couldn't tear it down because we
are um a city that honors historic um

343
00:29:24,880 --> 00:29:33,679
buildings and so they maintain that one
and then they built new all around so

344
00:29:30,360 --> 00:29:40,120
essentially 88 units of senior housing
at this site and they go from 30% to 80%

345
00:29:37,840 --> 00:29:46,600
of what we call the area meeting income
and supplying that housing to those

346
00:29:42,399 --> 00:29:53,320
individuals um unbelievably that senior
riddle housing costs about 42 million so

347
00:29:49,799 --> 00:29:59,039
often times um they call it the lasagna
of of sources of funds it took about 10

348
00:29:55,919 --> 00:30:04,000
sources of funds in order to get us to
the Archer Redevelopment well worth it

349
00:30:01,799 --> 00:30:10,480
if you all are ever downtown and can go
by it's a beautiful building you go in

350
00:30:08,000 --> 00:30:14,760
um inside the windows are very large the
seniors that have moved in can't stop

351
00:30:12,360 --> 00:30:19,480
talking about it so um it's a really
nice opportunity there and I think

352
00:30:17,440 --> 00:30:25,519
that's all one other thing that we've
done again always trying to find a way

353
00:30:22,600 --> 00:30:31,159
to help facilitate funding for housing
is we are working with a nonprofit

354
00:30:28,799 --> 00:30:36,279
organization um to establish what we
call a petal impact fund and that's

355
00:30:34,120 --> 00:30:40,240
basically just a way where they can take
private capital and we leverage it with

356
00:30:38,559 --> 00:30:46,200
the money that we invest either from
Tiff from federal dollars or from other

357
00:30:43,120 --> 00:30:52,039
um sources and essentially this group um
works with Employers in the community um

358
00:30:49,640 --> 00:30:58,000
they work with private investors in the
community um to again bring up bring

359
00:30:55,559 --> 00:31:02,760
forth an additional source of capital
that we can use as leverage towards um

360
00:31:00,559 --> 00:31:07,320
investing into the various deals with
impact funds I will say some of those

361
00:31:04,760 --> 00:31:12,000
funds um need to be returned fairly
quickly and based on of course the

362
00:31:09,519 --> 00:31:17,679
nature of the deal um with affordable
housing and Workforce housing we often

363
00:31:14,240 --> 00:31:23,080
share that patient capital is um utmost
of utmost importance when you're putting

364
00:31:20,039 --> 00:31:28,320
these deals together I think that's it
so finally um how do you SEC secure

365
00:31:26,440 --> 00:31:33,279
rental housing or any housing in your
community of course um determine how

366
00:31:31,120 --> 00:31:37,960
many rental homes are needed assessments
are always good to have there have been

367
00:31:35,519 --> 00:31:43,440
a number of assessments done by state
housing by Charleston County the city

368
00:31:40,760 --> 00:31:47,880
has done some and so um It's always
important to have that data before you

369
00:31:45,279 --> 00:31:53,240
so you know what your uh what you have
to encounter um identify land or

370
00:31:51,000 --> 00:31:59,360
available locations for the construction
of the homes um ensure land is zoned

371
00:31:56,440 --> 00:32:03,519
appropriately for the develop vment um
determine what your estimated cost for

372
00:32:01,600 --> 00:32:08,720
constructing renal homes are or any
homes and that's where your development

373
00:32:05,559 --> 00:32:13,159
Partners come in um one of the things I
am excited about that I do well is I

374
00:32:11,120 --> 00:32:17,799
know how to contact those with the
appropriate talent to get us uh where we

375
00:32:16,000 --> 00:32:22,440
need to be and so that's always
important having those collaborative

376
00:32:19,880 --> 00:32:27,200
Partnerships for the city being a local
government um typically we are doing

377
00:32:24,720 --> 00:32:31,639
requests for proposals a request for
qualification literally on every deal

378
00:32:30,000 --> 00:32:36,639
that we've ever done that has been the
process for us and um establishing again

379
00:32:35,080 --> 00:32:41,039
those collaborative Partnerships the
Archer deal was done by Humanities

380
00:32:38,960 --> 00:32:46,519
foundation so we have a number of
Partners Charon Habitat for Humanity

381
00:32:43,279 --> 00:32:51,519
works with us um SE Island habitat works
with us so a number of partners are

382
00:32:49,240 --> 00:32:56,919
important to being able to achieve your
goal naturally engaging and informing

383
00:32:54,159 --> 00:33:01,559
your community and Council um we know
that that's very important important to

384
00:32:58,639 --> 00:33:06,440
secure that input and everything we do
is executed via a development agreement

385
00:33:03,880 --> 00:33:10,600
or some level of a contractual agreement
even when there are monetary

386
00:33:08,399 --> 00:33:16,799
contributions or especially when
monetary contributions are involved I

387
00:33:13,639 --> 00:33:20,000
what to think that's my last one yes so
um any questions that you have for me

388
00:33:18,679 --> 00:33:27,240
and I know I went through that very
quickly but I wanted to share as much as

389
00:33:22,720 --> 00:33:33,080
I could has the city had any um success
with existing Property

390
00:33:30,120 --> 00:33:37,960
Owners transitioning to affordable
housing we've had some of that we do

391
00:33:35,480 --> 00:33:43,240
have what we call a rental rehab program
so your smaller um what we call our

392
00:33:41,120 --> 00:33:48,679
smaller developers the ones and twos
they may own a duplex or a town home we

393
00:33:46,440 --> 00:33:55,279
would invest um and we do this through
our federal home funding about $220,000

394
00:33:52,519 --> 00:33:58,399
per unit and we ask them to allow those
things to be affordable for about 20

395
00:33:57,360 --> 00:34:02,440
years
um and that's a grant that's actually

396
00:34:00,519 --> 00:34:06,559
grant funding that they don't pay back
but it goes towards the quote

397
00:34:04,120 --> 00:34:12,000
reconstruction or rehab of those unit
some with um usually they have to get

398
00:34:09,359 --> 00:34:17,240
some additional funding and so along
with their Bank financing we will put it

399
00:34:14,720 --> 00:34:21,760
in towards the middle and the end of the
Reconstruction but we do execute the

400
00:34:19,919 --> 00:34:25,760
grant agreement up front because it's of
helpful for them if they've had to

401
00:34:23,639 --> 00:34:31,800
secure private financing to have that
additional 20,000 available to so yes TI

402
00:34:30,119 --> 00:34:36,720
was so that's for a property that needs
to be rehabbed a bit and then turn into

403
00:34:34,480 --> 00:34:41,679
a rental have you had any programming
with property owners just incentivizing

404
00:34:39,480 --> 00:34:45,800
Property Owners to use existing
properties that don't really need to be

405
00:34:42,919 --> 00:34:51,079
rehabilitated or renovated to turn them
into long-term rentals and like how does

406
00:34:48,800 --> 00:34:55,720
if you did we have not had that much the
closest that we've come to that as adus

407
00:34:53,520 --> 00:35:01,320
the accessory dwelling units where they
can use a portion of their home and or

408
00:34:58,800 --> 00:35:07,680
they can build a separate unit on their
land and so our planning team is

409
00:35:04,760 --> 00:35:13,040
tweaking those guidelines just slightly
they've had good success with adus in

410
00:35:09,680 --> 00:35:16,680
Mount Pleasant um and so we have um
copied a few will what they're doing

411
00:35:14,839 --> 00:35:22,000
just slightly to see if we can move that
forward in Charleston is it similar like

412
00:35:19,079 --> 00:35:25,839
a 20year restriction on it or is it just
it is actually we won a little longer

413
00:35:24,359 --> 00:35:29,560
and that's kind of why we're having to
go back and tweak it cuz folk didn't

414
00:35:27,359 --> 00:35:34,800
like real long time because they said if
they sell their home or they want to

415
00:35:31,960 --> 00:35:39,320
leave then they're they put a burden on
the next person to do what they did and

416
00:35:36,720 --> 00:35:44,880
that may not work and so that was one of
the other reasons we kind of Drew that

417
00:35:41,320 --> 00:35:49,400
one back and are revisiting the language
the affordability Covenant is

418
00:35:46,720 --> 00:35:54,960
essentially what we call that to um
maybe come where we do only 15 or 10

419
00:35:52,280 --> 00:35:54,960
based on our

420
00:35:56,240 --> 00:36:04,079
investment other question questions any
other strategies in the works besides

421
00:36:01,480 --> 00:36:08,880
new construction cuz you know we're
we're limited we don't we can't do sure

422
00:36:06,480 --> 00:36:14,040
so um one of the things we've been
fortunate to do and I think mayor

423
00:36:10,560 --> 00:36:20,280
Coswell just started working with um the
Bloomberg Associates out of New York

424
00:36:17,040 --> 00:36:27,200
they um Michael Bloomberg what they call
Bloomberg philanthropies pays for an

425
00:36:23,720 --> 00:36:30,400
association of literal um Consultants
some some of them have worked in local

426
00:36:28,760 --> 00:36:35,119
government some of them have been in the
Consulting field they cover like nine

427
00:36:32,400 --> 00:36:39,200
different areas including housing we're
literally working with them right now

428
00:36:37,079 --> 00:36:44,319
for free which is the really amazing
part um because you get that kind of

429
00:36:41,440 --> 00:36:48,560
expertise coming in and we don't have to
pay them because it's provided through

430
00:36:45,920 --> 00:36:54,400
the philanthropy um they're looking
right now for us at housing how we fund

431
00:36:51,599 --> 00:37:00,520
housing for the long term and what those
alternative sources might be in order to

432
00:36:56,960 --> 00:37:05,800
get us to a certain point that
16351 number that's out there I keep

433
00:37:03,640 --> 00:37:10,640
telling my planners that's not our goal
that's just what they said we needed so

434
00:37:08,079 --> 00:37:16,520
um looking specifically at a goal and
what we can realistically achieve over

435
00:37:13,440 --> 00:37:20,839
the next four to five years um so once
if I get some more juicy information

436
00:37:19,160 --> 00:37:27,720
I'll be glad to share it with you that
you can pass on um I will say sometimes

437
00:37:24,359 --> 00:37:33,839
um banks will help with certain aspects
of it because they get community

438
00:37:30,760 --> 00:37:39,440
revitalization CRA credits when they're
able to invest funding in housing um and

439
00:37:36,880 --> 00:37:45,040
so oftentimes engaging the banking
community on the front end is always

440
00:37:41,400 --> 00:37:50,480
helpful because if they can do um or
help to facilitate loans at lower cost

441
00:37:48,359 --> 00:37:55,240
um there is a credit that they get as a
result of what they call giving back to

442
00:37:52,440 --> 00:37:59,640
the community so that's another source
as well on the adus did you have like

443
00:37:57,680 --> 00:38:06,000
work with an environmentalist just to
assure environmental impact before you

444
00:38:02,760 --> 00:38:11,440
add more density or more yes um one of
the challenges with adus initially for

445
00:38:08,640 --> 00:38:15,920
the city was parking and making sure
that the impact to neighborhoods was not

446
00:38:14,160 --> 00:38:21,599
worse than when we started with that
process um we had L we looked at ad a

447
00:38:19,000 --> 00:38:26,200
couple of different times and so
studying that one of the things that the

448
00:38:23,880 --> 00:38:31,240
homeowner or the property owner would be
required to do is make sure that there

449
00:38:28,240 --> 00:38:35,520
was appropriate parking in their yard or
very close to their yard so that it

450
00:38:33,440 --> 00:38:41,720
would not have an adverse impact in the
community itself so that was one of

451
00:38:38,000 --> 00:38:41,720
those other harder spots with that

452
00:38:41,960 --> 00:38:51,079
one in general with the units that you
do have that have been

453
00:38:47,640 --> 00:38:58,280
constructed it seems like most that I've
seen are pretty like one bedroom or D

454
00:38:55,680 --> 00:39:03,520
the yeah the sizes vary so in those
multi-unit developments especially those

455
00:39:01,160 --> 00:39:09,119
that are funded by litec in some cases
they have larger bedroom sizes um and

456
00:39:06,640 --> 00:39:14,160
some of the senior developments they
might be anything from one to twos um

457
00:39:12,079 --> 00:39:19,480
we've also worked and I think those are
no longer affordable we worked with a

458
00:39:16,240 --> 00:39:24,040
developer early on that did L style and
they went very quickly um but the

459
00:39:22,240 --> 00:39:29,000
affordability covenants on those were
only 10 years and so those have since um

460
00:39:27,119 --> 00:39:35,280
got from the affordable realm into the
market rate realm but as I understand it

461
00:39:31,760 --> 00:39:39,800
those are U very popular um in Downtown
Charleston

462
00:39:36,800 --> 00:39:46,200
yeah I just wonder about what we can do
and that many Working Families certainly

463
00:39:43,119 --> 00:39:51,560
would need sure and what I intended to
do and I'll get this information to you

464
00:39:48,599 --> 00:39:57,920
the city um instituted an employer
assisted housing program and essentially

465
00:39:55,319 --> 00:40:02,920
we provide um
a loow interest

466
00:40:00,040 --> 00:40:10,280
loan one is a low interest loan one is a
grant to employees who buy in the city

467
00:40:07,440 --> 00:40:16,319
we also worked very closely um under
that employer assisted housing program

468
00:40:12,800 --> 00:40:21,480
with employers to encourage them to
invest um one in particular restaurant

469
00:40:19,280 --> 00:40:25,359
owner I remember his one of his team
members was one of the first ones that

470
00:40:23,640 --> 00:40:30,280
bought under the employer assistant
program I think he gave from 2 to 3,000

471
00:40:27,960 --> 00:40:34,480
towards the reduction of his mortgage um
he had some criteria of his own too I

472
00:40:32,319 --> 00:40:38,040
think they had to be with his business
at least three years and those sorts of

473
00:40:36,200 --> 00:40:43,400
things but it was a good way to
encourage one employees to stay with him

474
00:40:40,760 --> 00:40:49,880
um once they all found out and then two
it was an opportunity for an employer to

475
00:40:47,240 --> 00:40:54,040
um I guess be the best case scenario if
you will for some other employers and so

476
00:40:52,359 --> 00:40:59,839
we've in fact talked to the chamber
about that to see if they can encourage

477
00:40:56,680 --> 00:41:05,280
more employers to do that um because if
we can get them involved um even get our

478
00:41:02,800 --> 00:41:08,440
hospitals and other entities involved in
the process we feel like we'd have

479
00:41:07,319 --> 00:41:14,319
greater
success that's great and you guys Post

480
00:41:11,280 --> 00:41:20,000
website or updates on your website I
will say yes to that that is not my baay

481
00:41:16,680 --> 00:41:25,079
weight but I know people who do that so
yes yes but I will get my team member

482
00:41:23,040 --> 00:41:28,040
who manages that to get Jenna that
information on that employeer assisted

483
00:41:26,839 --> 00:41:32,520
housing
um to share that with you all because

484
00:41:31,040 --> 00:41:39,400
that might be a methodology you're
interested in using sure is okay your

485
00:41:36,839 --> 00:41:44,680
presentation was great thank you and it
also kind

486
00:41:40,560 --> 00:41:50,319
of one it was enlightening um and re
reinforced how complicated it is and

487
00:41:47,400 --> 00:41:53,800
also just just a matrix a matrix needs
and funding sources and how do you make

488
00:41:51,920 --> 00:41:57,319
the decisions and so it was encouraging
to know there's so many different

489
00:41:55,440 --> 00:42:02,160
programs and funding sources that you
been able to tap and sort of hodge podge

490
00:41:59,720 --> 00:42:06,800
together for different needs and I will
just say you if you collaborate with the

491
00:42:04,839 --> 00:42:11,520
appropriate development Community there
are folks that not only bring the

492
00:42:09,119 --> 00:42:17,560
expertise with construction but they
know this stuff with their eyes close um

493
00:42:14,240 --> 00:42:23,800
Tammy Hoy is one that I think of um she
can help you put together a plan fairly

494
00:42:20,040 --> 00:42:27,920
quickly Tammy Wilson not all my tamies
tonight but anyway those two come to

495
00:42:25,559 --> 00:42:33,680
mind right away because they know how to
help um governments and other

496
00:42:30,839 --> 00:42:38,760
organizations put together plans that
can help bring this thing to fruition so

497
00:42:36,200 --> 00:42:43,680
they work for you they do not um
actually Tammy did Tammy Hoy did work

498
00:42:40,839 --> 00:42:49,920
for me at one point um but I can I'll
send you if you'll email me and just say

499
00:42:46,000 --> 00:42:53,240
GA what who' you say yeah and then I'll
send you their information yeah but

500
00:42:51,680 --> 00:42:57,800
they're good people to work
with y'all stay stay in there it's

501
00:42:55,880 --> 00:43:01,960
really important that you do what you're
doing um it'll make a big difference for

502
00:42:59,880 --> 00:43:05,760
your community too I think the other
thing too because we're we're seeing so

503
00:43:03,920 --> 00:43:09,720
much good work that you've done and we
probably don't know how long it took to

504
00:43:07,440 --> 00:43:14,319
get there in my mind I'm having a hard
time with getting over the hump to get

505
00:43:11,680 --> 00:43:18,440
started you know and I think just do
something first to get going I don't

506
00:43:16,559 --> 00:43:22,359
know how long it took 20 30 50 years I
don't know um it vared you know I

507
00:43:20,440 --> 00:43:28,160
started when I was really
young but seriously um it varies based

508
00:43:25,720 --> 00:43:33,839
on a number of things funding is so
critical um and the other process that's

509
00:43:31,160 --> 00:43:38,720
really important is entitlement I.E in
some cases I think about James Lewis Jr

510
00:43:37,040 --> 00:43:44,280
we probably started talking about that
one seven years ago um and so that's why

511
00:43:42,200 --> 00:43:48,520
the city is now looking at how long does
it take and I said this to Mayor Coxwell

512
00:43:46,359 --> 00:43:52,440
when he came in I said you will never
hear someone say it took Giana a long

513
00:43:50,800 --> 00:43:58,160
time to make a decision because it
doesn't um but once they get Beyond me

514
00:43:55,920 --> 00:44:04,559
we have the you know storm water
considerations which are critically

515
00:44:00,160 --> 00:44:09,640
important um there's the the building um
envelope and if it's in a board of

516
00:44:06,680 --> 00:44:15,200
Architectural Review District it's going
to take a little longer so all of those

517
00:44:12,359 --> 00:44:19,559
different criteria we have in this city
we're trying to make sure that those

518
00:44:17,520 --> 00:44:23,960
don't become in hindrance or a barrier
to us getting housing up in a faster way

519
00:44:22,160 --> 00:44:29,119
because the longer it takes the more
money it costs and so that it come

520
00:44:26,440 --> 00:44:33,280
becomes cost prohibitive and so in some
cases we've actually lost deals um

521
00:44:31,680 --> 00:44:37,839
they've either gone to the market rate
or the developer said I can't carry this

522
00:44:35,680 --> 00:44:41,200
any longer and they cut it off which
makes sense right because they're in

523
00:44:39,480 --> 00:44:46,880
they're in that business to make money
as well and so if it doesn't work um

524
00:44:44,920 --> 00:44:51,400
then it becomes prohibitive to the
community long term and so we are

525
00:44:49,359 --> 00:44:58,319
studying that very closely now to see
how we can fine-tune that and make that

526
00:44:55,559 --> 00:45:04,280
better for Bond funding you said that
one was one of the more well received

527
00:45:02,319 --> 00:45:08,960
forms what are some of the obstacles
that you have what are some of the

528
00:45:06,640 --> 00:45:13,960
issues that have come up with Bond
actually none as it relates to actually

529
00:45:11,359 --> 00:45:19,640
utilizing it and then getting it to the
development Community um most of the

530
00:45:16,359 --> 00:45:24,839
funding sources that we manage we do
what we call a request for applications

531
00:45:21,680 --> 00:45:31,400
meaning they have to submit a deal to us
in order to facilitate it uh go Bond

532
00:45:27,960 --> 00:45:35,440
basically goes against the um the the
the funding that the city has on hand

533
00:45:33,480 --> 00:45:41,319
because the city is then responsible for
paying that money back and so um my CFO

534
00:45:39,160 --> 00:45:47,160
has looked at me nicely the last time I
mentioned a go bond fund um because I

535
00:45:45,240 --> 00:45:52,800
think when we did the first one it was
20 million back in

536
00:45:49,240 --> 00:45:57,520
2017 I was asking for about 40 then and
so we're looking now to see if that's

537
00:45:54,839 --> 00:46:01,640
going to be possible in light of
um the full Financial picture for the

538
00:45:59,319 --> 00:46:07,280
city because the owner is is on the city
to repay those bond

539
00:46:04,319 --> 00:46:13,559
funds so that's probably one of
the and and how they get renewed each

540
00:46:09,839 --> 00:46:18,240
year or or well and how so once the the
funding itself is allocated then the

541
00:46:16,079 --> 00:46:22,760
city has a responsibility for paying
that back essentially to itself really

542
00:46:21,040 --> 00:46:27,319
but that's a responsibility of those
bond

543
00:46:24,359 --> 00:46:33,680
funds and that's I would say on the
development and um awarding side those

544
00:46:30,760 --> 00:46:37,880
funds were very easy to deal with um but
there are you know that obligation that

545
00:46:35,800 --> 00:46:42,480
the city had made it a little bit
difficult for the city to go beyond that

546
00:46:39,440 --> 00:46:49,000
20 million in that first round and what
are some of the more recommended since

547
00:46:45,920 --> 00:46:52,800
it's new in terms of the ax funds what
are what's some of the feedback that

548
00:46:50,559 --> 00:47:00,040
you've gotten so far in terms of what's
working um so far so good um as a matter

549
00:46:56,000 --> 00:47:04,640
of fact the Tammy Hoy Hawkins has helped
either Buford or Hilton Head I think it

550
00:47:02,440 --> 00:47:10,040
was Hilton Head with receiving their a
tax funds and I think Charleston County

551
00:47:06,839 --> 00:47:15,760
also has their ax funds essentially
there is a u requirement that the state

552
00:47:12,960 --> 00:47:21,480
has put out that you have to prepare a
plan um a housing analysis and an impact

553
00:47:19,000 --> 00:47:26,280
plan that then you submit that plan to
them and then you're then you can access

554
00:47:23,839 --> 00:47:29,480
that funding so we're working on our
impact

555
00:47:27,359 --> 00:47:34,359
analysis right now we have to get it
before a committee of counsel and then

556
00:47:32,040 --> 00:47:39,640
councel before we can submit it to the
state but essentially once we do that

557
00:47:37,000 --> 00:47:44,200
and that was Tammy Hoy that Tammy Hoy
Hawkins as a matter of fact we um maybe

558
00:47:42,160 --> 00:47:48,760
pled your rise a little and use what she
did up there to kind of model what we're

559
00:47:46,440 --> 00:47:53,440
doing here in Charleston but essentially
yeah so once you prepare that plan

560
00:47:51,359 --> 00:47:57,559
submit it to the state then you can
receive a tax

561
00:47:54,800 --> 00:48:02,440
funding and it I think it very IES based
on jurisdiction I have not asked that

562
00:48:00,079 --> 00:48:07,319
question I've just been told by our
finance office that um we could get up

563
00:48:04,880 --> 00:48:07,319
to two

564
00:48:07,760 --> 00:48:16,640
million another question so your so many
units and so much housing has been put

565
00:48:14,280 --> 00:48:21,960
out there and I see the income level is
a criterium was there any other filters

566
00:48:19,280 --> 00:48:26,319
of like public housing Hospitality like
how did you determine and does this even

567
00:48:23,640 --> 00:48:30,839
get involved after it's done in who it
gets rented

568
00:48:27,400 --> 00:48:34,920
to so the only requirement typically and
the requirements come based on the

569
00:48:32,520 --> 00:48:41,599
funding source so with low income
housing tax credits you can um typically

570
00:48:38,040 --> 00:48:46,480
go up to the 80% threshold um but unless
it's for seniors there are no other

571
00:48:43,920 --> 00:48:50,920
requirements So a family unit could mean
a family of one or a family of three um

572
00:48:49,240 --> 00:48:54,880
and and you have to be very careful
about that because you don't want to

573
00:48:52,200 --> 00:49:00,440
violate fair housing laws so if you say
it's a family unit that means could be

574
00:48:57,160 --> 00:49:06,319
rented to anybody who fits that criteria
um but usually that is the only um

575
00:49:04,200 --> 00:49:11,599
that's the only requirement if you will
with most of those units under our

576
00:49:08,280 --> 00:49:19,640
Workforce units usually it's right at
the 80% criteria that um they're renting

577
00:49:16,000 --> 00:49:25,680
to and those come usually in our private
sector development one group I think did

578
00:49:22,200 --> 00:49:29,520
maybe 60% in one of their units um and
they went like hot

579
00:49:27,680 --> 00:49:33,920
they were rented before we could blink
an eye but they worked in the city so it

580
00:49:31,720 --> 00:49:39,520
was part of we had that was one of the
criteria and so honestly really trying

581
00:49:36,319 --> 00:49:47,319
to get folks to focus more on you know
our Hospitality workers where um we have

582
00:49:43,040 --> 00:49:51,680
55 units coming this is 24 hopefully by
the end of next year um that'll be

583
00:49:49,880 --> 00:49:56,760
located on the low line but it's
essentially right off of King Street in

584
00:49:54,000 --> 00:50:00,520
Downtown Charleston so we anticipate
that a lot of folks that will rent from

585
00:49:58,280 --> 00:50:03,880
that will be the the folks that work on
King Street in the restaurants and that

586
00:50:02,160 --> 00:50:08,079
sort of as a matter of fact they've
already started calling about whether

587
00:50:06,240 --> 00:50:12,160
we're taking applications then we aren't
naturally because the develop the

588
00:50:09,720 --> 00:50:16,359
developer group will will manage that
process but that just shows us how great

589
00:50:14,319 --> 00:50:21,880
the need is down there especially for
those who work

590
00:50:18,240 --> 00:50:27,119
yeah when does Tiff funding like let's
just say you had a strip of land but

591
00:50:24,520 --> 00:50:32,440
beside it there was city land that was
that was undeveloped completely but

592
00:50:29,720 --> 00:50:37,440
there were barriers to using that that
particular area would that be an

593
00:50:34,680 --> 00:50:45,440
opportunity for Tiff funding it could be
yes so how do you find out for sure um

594
00:50:41,040 --> 00:50:52,079
what when Tiff would be so um Tiff it's
a somewhat complicated process but

595
00:50:49,040 --> 00:50:57,599
essentially uh you're your your Council
has to approve use of Tiff funds because

596
00:50:55,440 --> 00:51:03,680
then what you have to do is go to your
Banks and determine what kind of rate

597
00:51:00,720 --> 00:51:10,079
you can get on borrowing Tiff funds
based on the amount of development that

598
00:51:06,559 --> 00:51:17,079
you anticipate happening in a particular
area um and so normally I defer this to

599
00:51:13,760 --> 00:51:22,079
our CFO and assistant CFO uh but
essentially I know they have worked with

600
00:51:19,200 --> 00:51:26,720
Bank of America and other Banks to look
at rates um because the city is

601
00:51:24,520 --> 00:51:33,280
borrowing against the value that they
anticipate will come in that

602
00:51:29,520 --> 00:51:37,400
Tiff and so we've done a tiff for $14
million and I just know that because

603
00:51:35,559 --> 00:51:44,520
that was an area where the James Lewis
Jr building was um and so not only on

604
00:51:41,000 --> 00:51:49,319
housing but on parks on sidewalks on
other infrastructure needs in that area

605
00:51:46,799 --> 00:51:53,640
so it covered probably a four to five
mile area but those Tiff funds not only

606
00:51:52,000 --> 00:51:57,880
went towards the housing but other
improvements that needed to be made in

607
00:51:55,400 --> 00:52:02,000
that community
I'll have to get you a better

608
00:51:59,160 --> 00:52:02,000
explanation

609
00:52:02,119 --> 00:52:09,559
though thank you for coming oh you're
welcome glad to be with you all yall

610
00:52:07,480 --> 00:52:15,040
have a big job ahead of
you yes I'm for

611
00:52:12,520 --> 00:52:20,559
it give me just a second and I'll come
back and talk about survey questions do

612
00:52:16,960 --> 00:52:26,839
you want to take a break s
minutes ni up yall so thank you so much

613
00:52:24,599 --> 00:52:31,839
you're I'm sure we're gonna have a lot
of followup questions for Jenna to

614
00:52:29,079 --> 00:52:31,839
follow up with you

615
00:52:38,400 --> 00:52:47,119
want city council got this before you
guys start me every one of them was

616
00:52:43,960 --> 00:52:52,580
going to copy oh thank you and I think
we're going to have more than one public

617
00:52:49,440 --> 00:52:56,739
hearing yeah
[Music]

618
00:52:57,079 --> 00:53:05,880
it's pretty high quality
paper

619
00:53:02,880 --> 00:53:13,359
serious earlier you said something about
okay so you've got

620
00:53:07,720 --> 00:53:13,359
four you got four rental unit rental

621
00:53:13,520 --> 00:53:23,640
units let me find my notes hold
on see postcard ask about the H fact

622
00:53:20,960 --> 00:53:29,079
system because that'll determine how old
the property is the square footage the

623
00:53:25,960 --> 00:53:35,400
rental right per month but you're saying
that you would not appreciate getting a

624
00:53:32,599 --> 00:53:40,559
survey that asks you how much you rent
it out for per month not if I have to

625
00:53:37,440 --> 00:53:44,200
put my name so you'd be okay with online
survey that was Anonymous though Sor

626
00:53:42,680 --> 00:53:47,839
would you you'd be okay with an
anonymous online survey when you said

627
00:53:46,319 --> 00:53:54,280
the postcard I don't think I'm going to
be the only one I understand that but a

628
00:53:51,640 --> 00:53:58,520
lot of money I don't think they want to
disclose it but if it's anonymous you

629
00:53:56,680 --> 00:54:03,480
might get a more accurate number you can
also but how would we verify the

630
00:54:01,240 --> 00:54:07,240
accuracy you can take how much they pay
for a business license per year and you

631
00:54:05,599 --> 00:54:11,559
can divide by 12 and that'll give you
some more accurate ACC you can match

632
00:54:09,480 --> 00:54:17,319
that up too so there's more than ways to
get it and just by a survey yeah because

633
00:54:15,319 --> 00:54:22,640
if they're all Anonymous then how how
would we know that there aren't

634
00:54:19,880 --> 00:54:28,359
motivated parties that are willing to
fill out anonymously just for the sake

635
00:54:25,079 --> 00:54:28,359
of dis

636
00:54:28,440 --> 00:54:37,400
you're mailing it directly to them and
you're you're explaining why you want it

637
00:54:32,799 --> 00:54:37,400
but the postcard oh the return will be

638
00:54:37,720 --> 00:54:46,559
anous information yeah okay okay but are
we playing to mail anything not sure I

639
00:54:44,640 --> 00:54:51,799
think that's what he's saying is like an
online When anybody part I get now you

640
00:54:49,880 --> 00:54:56,079
have only addresses and everything
already so putting together 100 letters

641
00:54:54,359 --> 00:55:00,440
105 letters shouldn't really be a big
deal

642
00:54:57,040 --> 00:55:06,599
and that that is what we did um to get a
guess of how much people are renting

643
00:55:02,559 --> 00:55:10,000
right now we took the B the um Li from
the yeah how much they report an income

644
00:55:08,200 --> 00:55:13,760
divided by 12 now that's not always
accurate they could have certain amounts

645
00:55:11,400 --> 00:55:18,760
they did not rent and we don't know that
and so that's just a guess that that's

646
00:55:18,960 --> 00:55:25,760
helpful all
[Applause]

647
00:55:22,039 --> 00:55:30,920
right so in the remaining packets that
you have there a a one pager I'm going

648
00:55:27,799 --> 00:55:35,400
to go over that real quick and then the
um at the bottom you have the survey

649
00:55:33,720 --> 00:55:41,079
which is a compilation of what y'all
sent me and I put it together edited a

650
00:55:38,480 --> 00:55:47,039
little bit and and I think um it this
reflects what what you want to

651
00:55:43,200 --> 00:55:52,480
ask the one pager um this is more
details specifically I think somebody

652
00:55:49,240 --> 00:55:56,760
asked this who is receiving the public
safety stien right now so this is $3,600

653
00:55:55,960 --> 00:56:03,160
a month
that's available to firemen and police

654
00:56:00,200 --> 00:56:08,920
officers who live on Folly or in the
geographic boundaries of James

655
00:56:06,160 --> 00:56:14,079
Island and there are zero people right
now in fol and there are five people who

656
00:56:11,319 --> 00:56:18,160
are doing it who live on James Island
and there were two on there were in the

657
00:56:16,799 --> 00:56:25,640
beginning of this year there were three
people fulltime workers using it okay so

658
00:56:22,359 --> 00:56:30,640
that's so if you've got 600 a month for
folly

659
00:56:26,799 --> 00:56:36,079
or 300 a month for anybody living in
James

660
00:56:32,160 --> 00:56:39,319
Allen and last time we spoke you said we
had or here it is right here

661
00:56:41,400 --> 00:56:49,720
$365,000 no that's that's ax EXC spoke
it was then it was 3600 a month it was

662
00:56:47,760 --> 00:56:56,920
3600 a month and last time we spoke it
was pretty much full and it it is not at

663
00:56:52,960 --> 00:57:04,920
the moment but I asked and they
Le normally is used so a public safety

664
00:57:00,559 --> 00:57:13,400
worker would have uh a salary of of say
like anything from what 20 in the 20s or

665
00:57:08,680 --> 00:57:20,079
30s on up to start about 50 to what 100
150 to the the highest would be the

666
00:57:15,799 --> 00:57:26,480
police chief and you can't like when you
have it's not differentiating I guess

667
00:57:23,760 --> 00:57:30,559
income level this is not based on income
employee of Public Safety can get so if

668
00:57:29,559 --> 00:57:36,400
you have
$120,000 salary and then you have a

669
00:57:33,319 --> 00:57:43,440
$50,000 salary they could each get that
same number correct so should there be

670
00:57:39,640 --> 00:57:48,520
should there be an income level limit if
we've only got x amount in the bank to

671
00:57:45,640 --> 00:57:53,160
give out for to think
about I mean that you can put that in

672
00:57:50,559 --> 00:57:59,079
your recommendations if you would like
but right now there is no income what is

673
00:57:55,799 --> 00:58:08,599
one 20,000 what what does that put if
you're at a Max of 120 to 150,000 what

674
00:58:02,920 --> 00:58:13,880
what is that is that in terms of the
30% what's the average I can figure that

675
00:58:12,280 --> 00:58:23,240
out I can figure out what these numbers
mean and I think Public Safety wasn't it

676
00:58:16,799 --> 00:58:29,760
$68,000 yeah so 30% of 68,000 is 1,700 a
month they that would be 30% that was

677
00:58:26,799 --> 00:58:34,880
what they should be
spending and the whole point of that no

678
00:58:32,160 --> 00:58:40,480
matter what their income is is getting
Public Safety close on the island so to

679
00:58:37,960 --> 00:58:45,240
me it doesn't matter make 50 make 100 we
want they're expected to answer calls

680
00:58:43,599 --> 00:58:51,599
off dut yeah
exactly do you think this number is low

681
00:58:48,160 --> 00:58:57,680
as much to why it's zero right
now or is it just we've had some people

682
00:58:55,079 --> 00:59:03,599
leave and just some people leave which
is why it's happening but I think yes I

683
00:59:01,000 --> 00:59:06,000
do think it's 11 than 600 doesn't make a
huge

684
00:59:06,640 --> 00:59:14,720
difference not make up that g 600 only
brings you to 2,300 if you're making

685
00:59:11,200 --> 00:59:19,839
68,000 so you average rental is 3500
that's I say it used to be rentals were

686
00:59:16,319 --> 00:59:24,760
1,200 1800 or even less than that for
individual properties are taxable

687
00:59:22,119 --> 00:59:29,359
properties are they're unfall is it
23004

688
00:59:26,799 --> 00:59:36,599
2400 but we're potentially going to have
10 times the amount of funds available

689
00:59:32,079 --> 00:59:41,839
than we currently have why or what the
Apex money okay so the last line I

690
00:59:40,119 --> 00:59:46,359
doesn't have to do with that's separate
okay this is how much the city is

691
00:59:43,760 --> 00:59:54,559
allowed to spend from aex money on
Workforce Housing Development okay but

692
00:59:48,839 --> 00:59:58,400
not on the stien I don't this is the new
law that just allows this we're not sure

693
00:59:56,680 --> 01:00:02,200
what it can be used for if it can be
used for a s or not I would have to

694
01:00:00,480 --> 01:00:07,559
figure that out but we can't just
arbitrarily say Public Safety workers on

695
01:00:05,200 --> 01:00:11,960
the island should get $1,500 a month
like that money you can suggest that to

696
01:00:10,280 --> 01:00:15,480
council and the council can they have we
still have to find funding for it okay

697
01:00:13,640 --> 01:00:20,319
funding and and for funding council's
going to worry about that we have to

698
01:00:18,520 --> 01:00:24,920
we've specifically been told on the
workforce housing or affordable housing

699
01:00:22,319 --> 01:00:30,799
we don't have to work on the funding
side of it to present the

700
01:00:28,000 --> 01:00:33,680
options on the $3600 a month that we
have right now available for these folks

701
01:00:32,599 --> 01:00:39,280
that's like
$43,000 so that is a number that Council

702
01:00:37,039 --> 01:00:43,960
can add to or take from the budget so we
can discretion so it might still be the

703
01:00:41,480 --> 01:00:52,520
same number of people at the end but
make it more attractive by increasing

704
01:00:47,400 --> 01:00:58,480
that 600 or 300 to make it
more I guess right do you know off the

705
01:00:55,200 --> 01:01:02,319
top of there your head if there's any
stipulation that they have to have been

706
01:01:00,240 --> 01:01:09,079
employed x amount of years before they
can apply I don't think so okay

707
01:01:06,160 --> 01:01:16,280
definitely if it is it's a month oh okay
to could it be worded as a percentage of

708
01:01:12,359 --> 01:01:24,599
their income like instead of a 600 flat
dollar fee for someone that makes x

709
01:01:18,799 --> 01:01:29,680
amount could it could it be a percentage
of that

710
01:01:27,000 --> 01:01:32,160
600 based upon their income sure
anything's on the table that you don't

711
01:01:30,839 --> 01:01:37,280
want that would be something you would
include in the survey like if we sent it

712
01:01:34,200 --> 01:01:40,319
to employees you know City fly Beach
employees is this something how you how

713
01:01:38,920 --> 01:01:45,760
is that how you would like it structured
is a percentage of the employee of our

714
01:01:42,240 --> 01:01:50,720
salaries or is it a flat thing right
like cuz if somebody was making 150 and

715
01:01:48,000 --> 01:01:54,240
I was only making 50 Mak like people
that work for the city make a lot of

716
01:01:52,039 --> 01:01:58,839
money no I'm just saying that every
little bit helps and if working with

717
01:01:56,680 --> 01:02:04,799
everybody and one person's making 150
and the other person's making 50 and you

718
01:02:01,520 --> 01:02:07,760
get the same exact stien that seems a
little unfair so those are things for

719
01:02:06,440 --> 01:02:12,039
y'all to think about and when it comes
time to do the recommendations um flush

720
01:02:10,200 --> 01:02:15,279
it out and figure out what if you want
to include an income limit and what that

721
01:02:13,799 --> 01:02:20,480
might be or
how okay and this stien is not available

722
01:02:18,240 --> 01:02:26,720
to any other City staff it's just Public
Safety currently just fire and um

723
01:02:23,279 --> 01:02:31,240
full-time fire and police
the second question here is how many

724
01:02:28,680 --> 01:02:35,000
city employees there are someone asked
that just so everybody has that

725
01:02:32,440 --> 01:02:40,359
information what department they work
in and then the third one so the law

726
01:02:38,599 --> 01:02:45,400
that was passed this year or last year
that allows the city to use a tax money

727
01:02:42,400 --> 01:02:49,440
allows the city to use 35% of the a tax
money and so I think I gave you a back

728
01:02:47,079 --> 01:02:54,319
of the envelope number last month said
this is just this this comes from Lee

729
01:02:51,960 --> 01:03:00,839
you did a projection based on our last
five years I think of a tax income how

730
01:02:57,680 --> 01:03:06,480
much would 35% of that be that could be
available to use on Workforce housing

731
01:03:04,119 --> 01:03:11,640
develop it's yeah it sounds like it's
just for de like building new yeah like

732
01:03:09,240 --> 01:03:17,799
I've seen Greenville the city or the
county um bought some land recently so

733
01:03:15,440 --> 01:03:22,079
yeah acquisition seems to be what I've
seen I would like more details on that

734
01:03:20,240 --> 01:03:27,480
because that if we don't have to build
more what it sounded like from Tiana

735
01:03:24,599 --> 01:03:31,640
that it was
also because she was saying that you had

736
01:03:29,160 --> 01:03:37,559
to have like a plan for how the
development would be used to yeah that

737
01:03:35,200 --> 01:03:42,119
would be a follow up to know for
sure all right y'all want me to put this

738
01:03:40,880 --> 01:03:46,599
up on the
screen you have in front of me how many

739
01:03:45,520 --> 01:03:50,720
questions are there are we going to go
through every single one as a whole

740
01:03:47,920 --> 01:03:56,039
group or there's a lot of repetition
shoot the first four are basically the

741
01:03:53,520 --> 01:03:59,440
same thing okay so I was want to do want
to have time with this to

742
01:03:59,680 --> 01:04:05,279
digest huh she asked have time I didn't
know if we were talking about another

743
01:04:03,760 --> 01:04:09,760
hour or two or we don't really have a
time limit but no I this won't take

744
01:04:07,760 --> 01:04:12,799
another hour or two and the first
question the first four are the same it

745
01:04:11,520 --> 01:04:16,000
just goes to different people whether
you own or whether you rent or don't

746
01:04:14,279 --> 01:04:23,319
rent want need to ask one more question
about this why is it that only five

747
01:04:19,920 --> 01:04:27,240
employees are opting in for this amount
if you the others don't live close

748
01:04:25,480 --> 01:04:33,680
enough to
qualify they live in W only five live in

749
01:04:31,200 --> 01:04:36,799
James Island or the stien wasn't enough
to make it affordable for them to move

750
01:04:35,240 --> 01:04:40,720
here or they own their house somewhere
else they don't want to live here that's

751
01:04:38,440 --> 01:04:47,680
what it is right what it's not enough
money to cover anything out it's not

752
01:04:44,039 --> 01:04:47,680
covering your utilities

753
01:04:48,400 --> 01:04:54,559
exactly okay I'm going to go through I'm
not going to read every word of this we

754
01:04:52,359 --> 01:04:59,920
not it's Kristen I promise it's not take
another another and y'all can always cut

755
01:04:56,839 --> 01:05:04,839
me off at any time if you want to we got
to get this thing up yeah so the first

756
01:05:03,119 --> 01:05:09,680
page here
and this will go at the beginning of

757
01:05:07,240 --> 01:05:13,920
each survey so that to educate the
people who are answering these questions

758
01:05:11,680 --> 01:05:17,559
a little bit about why we're asking
these questions what is the city trying

759
01:05:15,680 --> 01:05:22,720
to accomplish and give them some
definitions about affordable housing and

760
01:05:20,079 --> 01:05:27,039
Workforce housing um y'all take a look
at that and and see if there's anything

761
01:05:24,520 --> 01:05:32,559
you want I did not add a lot to this so
if you want to um add something later if

762
01:05:30,160 --> 01:05:36,400
you think of it make a little note and
let me

763
01:05:33,440 --> 01:05:43,000
know so survey option number
one is for full-time

764
01:05:40,000 --> 01:05:47,079
owners these are resents these the
full-time owners full-time residents

765
01:05:44,880 --> 01:05:51,359
residents owners who are full-time so I
I I'm going to ask them to because these

766
01:05:49,760 --> 01:05:55,640
are words that yeah are not very clear
so do you live full-time on F you may

767
01:05:53,279 --> 01:05:59,520
rent out your home under 72 days as an
an owner occupied short-term rental or

768
01:05:57,400 --> 01:06:03,279
you may not rent out your home at all so
this is that's the target audience for

769
01:06:01,279 --> 01:06:07,880
this first question how long have you
lived on F how many bedrooms and

770
01:06:04,960 --> 01:06:13,960
bathrooms do you rent it out for that 72
day period um do you think city of f

771
01:06:12,240 --> 01:06:18,799
Beach should prioritize affordable
housing in these different ways here and

772
01:06:16,720 --> 01:06:25,720
these three these are going to be
repetitive um you could vote for more

773
01:06:22,079 --> 01:06:29,520
than one for for these three can I ask a
quick question just number four at this

774
01:06:27,839 --> 01:06:34,520
point in time the city has prioritized
this because it's with us do we need to

775
01:06:31,359 --> 01:06:39,799
ask owners what they think about it or
is this do you think should prioritize

776
01:06:37,720 --> 01:06:45,880
tring think I I'll keep it as concise as
possible for someone to actually do you

777
01:06:43,079 --> 01:06:51,240
know what I mean there this has been
fled that is there an appetite in the

778
01:06:48,440 --> 01:06:57,799
public to fund things like this Goa and
so yeah do you think that's necessary

779
01:06:54,359 --> 01:07:03,680
question um um so do you think the city
should do these things number five is

780
01:07:00,119 --> 01:07:10,359
which ones would you support funding and
so the first one is adus allowing adus

781
01:07:08,039 --> 01:07:16,200
if your property can otherwise um handle
it City purchasing land in Folly Beach

782
01:07:13,960 --> 01:07:20,760
the city purchasing land outside of fol
beach um stiens we've talked a little

783
01:07:18,839 --> 01:07:26,960
bit about already but that could be
stiens for um general public or city

784
01:07:24,839 --> 01:07:31,760
employees
um incentives to homeowners and these

785
01:07:30,000 --> 01:07:35,359
are General these aren't obviously these
these aren't fleshed out policies but

786
01:07:33,880 --> 01:07:40,359
just in general is this somebody
something that somebody would support

787
01:07:37,200 --> 01:07:45,520
and then annexing land um to have more
room for

788
01:07:42,720 --> 01:07:51,200
development number six I asked if they
can I ask you a question I don't see SE

789
01:07:48,079 --> 01:07:56,200
purchasing land but would we have what
do we want to add purchasing existing

790
01:07:53,760 --> 01:08:01,039
properties yeah we you say purchasing
land or existing properties for that

791
01:07:58,240 --> 01:08:04,359
exactly I mean or or existing develop
yeah yeah

792
01:08:08,640 --> 01:08:14,960
okay buildings I guess I don't know how
you want to write it but just a house

793
01:08:12,480 --> 01:08:21,359
that already exists or building exist y
got it anybody else all right number six

794
01:08:18,520 --> 01:08:26,159
if you were to be able to put an Adu on
your property would you do it and I'll

795
01:08:24,040 --> 01:08:28,880
I'll do an open comment box so they can
give us some feedback on why they would

796
01:08:27,719 --> 01:08:33,679
or
wouldn't number seven is who they think

797
01:08:31,719 --> 01:08:38,640
these affordable housing initiatives
should um Target hold on Jen just just

798
01:08:36,960 --> 01:08:44,239
when it comes to aggregating data at the
end of the day on number six would you

799
01:08:40,759 --> 01:08:49,199
want to offer like ABC or check the box
of the things reasons why you would not

800
01:08:46,040 --> 01:08:54,239
support it so that you can see they
environmental density or you know so

801
01:08:51,679 --> 01:08:58,960
that you can get and then leave one for
other and they can fill it in so get so

802
01:08:56,319 --> 01:09:04,319
few you don't have quite so many things
to look at and read that's good so

803
01:09:01,359 --> 01:09:09,319
anything else environmental density um
just because my property is not big

804
01:09:06,239 --> 01:09:14,600
enough it's not size well the she said
parking was one of the biggest issues

805
01:09:11,159 --> 01:09:19,040
down town
yeah I would put things like

806
01:09:16,600 --> 01:09:22,960
environmental size you know property
size parking

807
01:09:23,359 --> 01:09:31,600
noise privacy
yeah no I I'll I'll flush that out or

808
01:09:28,759 --> 01:09:35,759
just the the commitment what was it five
something 10 years 20 years that's not

809
01:09:34,319 --> 01:09:40,120
that's not on there
yet you're starting off with would you

810
01:09:38,040 --> 01:09:46,799
consider it just would you consider it
why why am why

811
01:09:42,400 --> 01:09:46,799
not all right number seven target

812
01:09:46,960 --> 01:09:54,080
audience this breaks down we've already
talked about these residents of f Beach

813
01:09:51,400 --> 01:09:59,480
First Responders other city employees
not First Responders or other employees

814
01:09:56,600 --> 01:10:02,960
who work on in valy beach but are not
city

815
01:10:00,320 --> 01:10:09,280
employees and then if you choose a
location to say for instance that there

816
01:10:05,560 --> 01:10:16,239
were um a stipend available where those
people have to live anywhere 20

817
01:10:12,520 --> 01:10:22,120
miles um James Island FY Beach or in the
city of FY Beach are people going to be

818
01:10:18,000 --> 01:10:25,560
able to choose more than one yeah okay I
would add small business owners because

819
01:10:23,960 --> 01:10:28,679
there are people who don't work for
another business but own a small

820
01:10:27,360 --> 01:10:36,640
business
here that rent for number eight um

821
01:10:33,480 --> 01:10:43,120
number number seven okay who should be
the target current residents firstes

822
01:10:39,880 --> 01:10:47,239
responders I would also City staff
employees of businesses small business

823
01:10:45,280 --> 01:10:51,520
owners I could name so would that be
somebody who owns property I mean owns a

824
01:10:49,640 --> 01:10:55,520
business but does not live here at
there's quite a few of them right now

825
01:10:57,520 --> 01:11:07,440
okay um number two is targeting or
asking people who own a second home that

826
01:11:04,360 --> 01:11:11,920
they do not run out at all same
questions um how long you've been here

827
01:11:10,040 --> 01:11:15,239
bedrooms bathrooms do you think it's a
priority and which ones would you

828
01:11:13,520 --> 01:11:19,159
support and I'll make all the changes to
these that we talked about for the first

829
01:11:17,360 --> 01:11:24,320
one
um same thing would you do an would you

830
01:11:21,719 --> 01:11:27,960
consider an Adu number six is new would
you be willing to offer your second home

831
01:11:26,000 --> 01:11:35,159
as affordable housing or Workforce
housing for a certain number of years in

832
01:11:30,159 --> 01:11:35,159
exchange for financial or zoning

833
01:11:35,320 --> 01:11:42,920
benefits explain the zoning benefits
like we would even if you're in West

834
01:11:39,679 --> 01:11:47,199
Fifth Block West actually you would
could be in commercial no not commercial

835
01:11:45,560 --> 01:11:51,719
it would be density just different ways
for density so Charleston I don't think

836
01:11:49,280 --> 01:11:57,560
she talked about this has a one specific
District that they give you points for

837
01:11:54,080 --> 01:12:01,480
certain um um affordable
housing certain steps you take towards

838
01:12:00,040 --> 01:12:05,400
helping affordable housing and at a
certain number of points you get to

839
01:12:03,360 --> 01:12:12,480
increase the number of floors of your
building so that's that's

840
01:12:08,880 --> 01:12:16,560
that's that's for a a multi un you know
instead of six floors you're allowed

841
01:12:13,880 --> 01:12:20,800
seven floors if you get 24 points of
adding Green Space and adding the longer

842
01:12:18,840 --> 01:12:24,000
number of years you know 10 years versus
5 years or things like that this word

843
01:12:22,480 --> 01:12:28,320
zoning that was throwing me off here on
this part I don't really understand get

844
01:12:25,360 --> 01:12:31,639
a zoning benefit
um would be

845
01:12:32,239 --> 01:12:38,840
Zing I think that we that would be hard
for somebody just in the regular general

846
01:12:36,480 --> 01:12:44,120
public to okay might have to explain the
question I guess sure what number was

847
01:12:41,440 --> 01:12:44,120
that six

848
01:12:49,440 --> 01:12:57,400
six okay and then seven would you be
willing to offer your home if you

849
01:12:55,360 --> 01:13:03,199
received an investor short-term rental
license at the end and this would be

850
01:13:00,560 --> 01:13:09,239
important under the cap right so the
people who can't get one right now

851
01:13:05,280 --> 01:13:13,480
because of the cap um would be allowed
if they were offering affordable housing

852
01:13:11,960 --> 01:13:18,600
for a certain number of time certain
period of time I guess that's good data

853
01:13:15,400 --> 01:13:22,440
to just find out the tolerance for it
but at the same time it doesn't help for

854
01:13:20,199 --> 01:13:26,639
long-term affordable housing if we're
they like great yeah in 10 years you can

855
01:13:24,320 --> 01:13:31,840
get an istr we're not it's not going to
be that long you know what I mean so for

856
01:13:29,040 --> 01:13:37,000
one year time that just doesn't create
my opinion doesn't support an affordable

857
01:13:33,520 --> 01:13:42,360
housing initiative where you're creating
this is not yeah that's not fcking long

858
01:13:40,080 --> 01:13:45,560
time I also think somewhere in here we
need to I don't know where you want to

859
01:13:44,199 --> 01:13:51,600
put it but I feel like we need to talk
about a 12 month lease and right now the

860
01:13:49,080 --> 01:13:55,880
long-term housing it's truly defined
right now is 30 days plus yes so I feel

861
01:13:53,679 --> 01:14:02,120
like we need to put in there somewhere
about you know a true annual

862
01:13:59,719 --> 01:14:05,679
lease requiring annual lease well no
just their tolerance for it like right

863
01:14:04,040 --> 01:14:08,880
now if you already if you're currently
renting 30 days or more because there's

864
01:14:07,280 --> 01:14:12,480
you know there's probably quite a lot
that are renting 30 but there's a

865
01:14:10,480 --> 01:14:18,800
handful probably they renting 30 days or
more how could we encourage those folks

866
01:14:15,440 --> 01:14:23,639
or anybody to rent for the an actual
well question number eight is oh is it

867
01:14:21,280 --> 01:14:27,679
in here but it says 30 days or more and
you could change that to something like

868
01:14:25,480 --> 01:14:32,679
6 months plus or
something or 12 months plus just because

869
01:14:30,719 --> 01:14:37,080
it allows 30 days or more doesn't mean
people are doing 30 days I mean most

870
01:14:34,679 --> 01:14:42,040
leases are for 12 months from the ones
that we I look at every single one 100

871
01:14:39,800 --> 01:14:47,199
whatever there's maybe
three advertisements out there for

872
01:14:44,199 --> 01:14:51,239
30-day rentals I don't know about that I
think for advertisements yeah okay for

873
01:14:48,920 --> 01:14:54,360
advertising um online that's what's
doing right now in f that's and that's

874
01:14:53,080 --> 01:14:57,400
just TR probably a whole another topic
to discuss

875
01:14:55,600 --> 01:15:01,840
as a part of this whole forum and
project I think we need to be very clear

876
01:14:59,800 --> 01:15:06,239
that there's midterm whatever you want
to call the 30 days that is not

877
01:15:04,199 --> 01:15:09,320
long-term housing for a Workforce you
know and that's just a different I think

878
01:15:08,199 --> 01:15:13,960
we need to start
defining defining it someone is giving

879
01:15:12,000 --> 01:15:18,040
one of these incentives they have to
offer a 12 month Le is what you're

880
01:15:15,760 --> 01:15:23,000
saying yeah I that's what I think
personally six months because if you

881
01:15:20,120 --> 01:15:28,440
look at like and I don't mean to scale
back on long-term housing because six

882
01:15:24,760 --> 01:15:33,320
month months is not ideal for a worker
to to be able to commit to their job but

883
01:15:31,679 --> 01:15:38,960
6 months is
also um attractive to a homeowner who

884
01:15:36,960 --> 01:15:43,239
wants to come in for three or four
months they're going to have to furnish

885
01:15:40,440 --> 01:15:48,400
the house at 6 months they wouldn't be
having this long-term renter come in and

886
01:15:45,920 --> 01:15:52,400
furnish their house for just 6 months
for them to come in and have another

887
01:15:50,760 --> 01:15:56,760
long-term renter come through they would
probably have their house furnac and

888
01:15:54,639 --> 01:16:00,719
have a long-term runer come in and live
in our furnished house so that they

889
01:15:58,880 --> 01:16:04,040
could theoretically come in for three
months out of the year to enjoy their

890
01:16:02,360 --> 01:16:10,560
vacation home if we're talking about
people that own a house that don't

891
01:16:06,480 --> 01:16:15,960
typically live in that house so there's
a there's a compromise there that we

892
01:16:12,920 --> 01:16:20,480
need to look at from a perspective of a
long-term Runner but also of someone who

893
01:16:18,480 --> 01:16:25,000
is on the fence about wanting to rent
out their hun and I think maybe that

894
01:16:23,159 --> 01:16:31,040
ends up being a sliding skill down on
the road but I just I guess I feel

895
01:16:27,639 --> 01:16:34,239
strongly that long-term housing is not 6
months because then you aren't going to

896
01:16:32,920 --> 01:16:38,280
move your furniture every six months
somewhere else you know but I understand

897
01:16:36,679 --> 01:16:42,920
what you're saying I think it's but you
got to make it attractive for both sides

898
01:16:40,480 --> 01:16:46,280
or or if somebody can afford not to rent
their home out now so that they can

899
01:16:44,639 --> 01:16:50,280
enjoy three months of it they sure as
hell aren't going to rent it out and

900
01:16:48,600 --> 01:16:56,719
year that's what I ask number eight if
they're not doing it is there anything

901
01:16:52,440 --> 01:17:01,080
else them what would Inc
and so maybe it's like how are it

902
01:16:58,080 --> 01:17:06,360
structured in the the end of months for
the purposes of the survey you could

903
01:17:02,480 --> 01:17:06,360
just take out the 30 days or

904
01:17:06,400 --> 01:17:14,920
more I think most
people

905
01:17:11,560 --> 01:17:19,760
longterm yeah that's that's great
okay on the righted I think you can

906
01:17:16,800 --> 01:17:23,480
structure the incentive or discounts or
whatever because I think it's going to

907
01:17:20,960 --> 01:17:27,880
be very specific for that house and that
family that wants to consider long-term

908
01:17:26,000 --> 01:17:30,840
rent if they still want to come to their
house for 3 months out of the year or 2

909
01:17:29,520 --> 01:17:35,920
months out of the year you're going to
have to take it Case by case so to take

910
01:17:33,520 --> 01:17:40,000
30 days out or more would to keep it in
is very

911
01:17:37,440 --> 01:17:44,400
limiting that's the what's going to be
the administrative cost of this I mean

912
01:17:42,880 --> 01:17:50,159
this is this is
massive administrative cost of managing

913
01:17:47,480 --> 01:17:54,280
all this once once the you know when you
talk about 30 days you talk about long

914
01:17:51,960 --> 01:17:58,600
term you talk about adus I mean
somebody's going to going to have to

915
01:17:55,199 --> 01:18:02,320
manage it all it's sure I mean and
that's the topic is complicated and

916
01:18:00,760 --> 01:18:07,280
whatever the recommendations go to
council may end up with a very

917
01:18:03,719 --> 01:18:11,880
complicated system um so I would ask you
to keep that in mind so that when we are

918
01:18:08,960 --> 01:18:17,120
enforcing it that it is um easy for
everyone to understand and

919
01:18:14,760 --> 01:18:21,000
consistent um but yeah I mean if if we
do a program like this there will be

920
01:18:19,120 --> 01:18:26,719
administrative adding administrative
costs yeah to the

921
01:18:22,960 --> 01:18:32,080
city the simplistic way of manag this
entire thing would be to give everybody

922
01:18:29,080 --> 01:18:40,199
raises serious and when you think about
it if you were to give everybody

923
01:18:36,000 --> 01:18:45,719
$10,000 but that's just $790,000 a year
divided by

924
01:18:41,800 --> 01:18:51,400
24 comes up to 27 bucks a month would I
be willing to pay $27 a month to resolve

925
01:18:49,120 --> 01:18:55,280
this issue I would are we property owner
you mean h the property owners have to

926
01:18:53,639 --> 01:19:00,600
pay yeah yeah
that's what it would be problem is you

927
01:18:56,920 --> 01:19:04,560
have to also incentivize more housing
stock available to be long term and

928
01:19:02,679 --> 01:19:08,719
that's a totally different and these can
all be your recommendations

929
01:19:09,080 --> 01:19:18,639
yeah survey number three is investment
owners people who don't live in the

930
01:19:15,840 --> 01:19:24,199
house and they rent it out short
term how long have you owned your home

931
01:19:21,000 --> 01:19:28,880
how many bedrooms baths same question
what should you

932
01:19:25,280 --> 01:19:32,920
prioritize how should we prioritize it
number five if the city were to offer

933
01:19:31,080 --> 01:19:37,280
you a financial incentive to participate
in rening your home to long-term renters

934
01:19:35,199 --> 01:19:41,880
would you
consider again I'm sorry I'm kind of a

935
01:19:40,000 --> 01:19:45,400
DAT ahead though if you don't Define
everybody's going to interpret long term

936
01:19:43,440 --> 01:19:50,719
differently currently 30 days is long
term so I guess maybe we might want to

937
01:19:47,880 --> 01:19:55,120
break it down into 30 days or more 6
months or more 12 month lease and give

938
01:19:52,719 --> 01:20:01,440
them those options well if you're a
short-term rental license holder are you

939
01:19:58,719 --> 01:20:06,080
going to rent your home for 6 months and
lose your short-term rental license

940
01:20:03,159 --> 01:20:10,360
right then I so I mean I think it would
imply that if you're going to do that

941
01:20:08,000 --> 01:20:15,560
you would be giving it up for you'd be
doing that for the long

942
01:20:12,920 --> 01:20:18,520
run yes I'll work on that I just want to
make sure that we're getting clear I

943
01:20:17,199 --> 01:20:22,840
think you're right I think we're getting
data that is actually once you scrub it

944
01:20:20,800 --> 01:20:27,320
it's credible right like everybody's
interpretation of a definition is going

945
01:20:25,360 --> 01:20:31,120
to screw up all the data right okay I
got

946
01:20:28,840 --> 01:20:35,080
it uh would you be willing to offer your
investment home as affordable housing

947
01:20:33,360 --> 01:20:40,400
for a certain number of years in
exchange for financial or zoning

948
01:20:38,480 --> 01:20:46,760
benefits and then are there other
incentives that would convince you to

949
01:20:44,040 --> 01:20:54,239
change from shortterm to long
term um do we so 8 9 10 11 are all the

950
01:20:51,199 --> 01:20:58,440
same in all of these do it ask them why
they current c l wouldn't do it like I

951
01:20:56,800 --> 01:21:02,960
I'm seeing why why would you would you
do it for financial benefits but it

952
01:21:01,000 --> 01:21:05,840
might be interesting just to say why
don't you consider it now because it if

953
01:21:04,840 --> 01:21:08,840
you already have an investment
short-term that's most likely giving the

954
01:21:07,639 --> 01:21:13,800
answer but I think you're going to hear
a whole lot of I want to come use my

955
01:21:10,920 --> 01:21:19,360
house in the summertime you know so just
knowing why people don't now their

956
01:21:15,840 --> 01:21:23,960
behaviors and reasons might be helpful
group what do y'all think and that I'm

957
01:21:20,600 --> 01:21:29,600
talking a lot that that's a good idea
yeah

958
01:21:25,360 --> 01:21:34,440
there are obvious reasons but i' like to
the more data we have the more it's

959
01:21:32,440 --> 01:21:39,120
going to help us for
sure I thought I think a lot of this

960
01:21:36,920 --> 01:21:43,520
were just not going to be able to get
because it's their business I mean

961
01:21:41,280 --> 01:21:49,639
meaning they don't have to tell us if
they you know overpaid in construction

962
01:21:47,320 --> 01:21:56,280
and have a lot of reasons why they need
to Str Str versus LTR right now in the

963
01:21:53,440 --> 01:22:00,480
short term the longterm is that maybe it
would be an option for long-term rent if

964
01:21:58,320 --> 01:22:06,080
they can short-term rent for the next
five to 10 years but that doesn't help

965
01:22:02,199 --> 01:22:11,080
our situation now so there's there's
going to be a lot of reasons why ists in

966
01:22:09,199 --> 01:22:15,159
particular are not going to be
interested in that be different for

967
01:22:13,120 --> 01:22:21,679
everybody yeah so we'll offer some of
the general reasons and then also do a

968
01:22:17,800 --> 01:22:26,520
box to just tell us why why
not sry

969
01:22:23,520 --> 01:22:26,520
891

970
01:22:27,480 --> 01:22:36,000
same number
four investment owners for long-term

971
01:22:33,480 --> 01:22:39,840
rentals so these are people who own a
home that they do not live in and they

972
01:22:37,560 --> 01:22:44,560
run out I'll take out the 30 days and
this will be where I'll work on that

973
01:22:41,120 --> 01:22:50,320
definition of long
term should we be asking about an HVAC

974
01:22:47,600 --> 01:22:50,320
system right

975
01:22:51,360 --> 01:22:59,480
now to
me are you going to Define longterm

976
01:22:56,040 --> 01:23:03,719
though getting rid of the 30 we get I
mean could have a window unit our house

977
01:23:01,880 --> 01:23:08,719
is not very old but we still had to get
a brand new HVAC I know I so I guess I'm

978
01:23:05,960 --> 01:23:12,960
not totally sure that the HVAC
specifically is part of it but I think

979
01:23:10,480 --> 01:23:16,760
the goal is how old is the house or are
you trying to find out like what

980
01:23:14,960 --> 01:23:23,440
condition the house is in and how old it
is like to be honest I more or less like

981
01:23:20,639 --> 01:23:29,360
is is it financially feasible typically
the older houses at this point should

982
01:23:25,920 --> 01:23:34,719
have a very limited amount of years left
of paying off a house which makes it

983
01:23:32,120 --> 01:23:39,960
more feasible to be able to rent it out
long long term and my right I mean if

984
01:23:38,480 --> 01:23:43,440
you have a brand new house brand new
construction a lot of you just don't

985
01:23:41,840 --> 01:23:46,320
know when they bought it what if they
just bought it and it's fully financed

986
01:23:45,600 --> 01:23:51,760
it could
be one year you can just ask how old the

987
01:23:49,000 --> 01:23:55,320
houses yeah what how would that uh
contribute

988
01:23:53,040 --> 01:23:59,000
to any of because anybody could have
bought a house built in 1930 they just

989
01:23:57,120 --> 01:24:04,560
bought it yesterday so like how old the
house is doesn't help us with how much

990
01:24:01,920 --> 01:24:09,040
costs and overhead there is to right but
that's not the question the question is

991
01:24:06,239 --> 01:24:15,360
how many years have you owned your
home yes so taking that asking a second

992
01:24:12,960 --> 01:24:20,800
question of how old the house was oh no
is there any interest in

993
01:24:16,960 --> 01:24:27,440
that no I think it really comes down to
are you in a financially stable place to

994
01:24:23,920 --> 01:24:31,880
be able to rent out your home and based
upon the years of ownership sometimes

995
01:24:29,760 --> 01:24:37,600
that's a tell telling sign of whether or
not somebody

996
01:24:33,719 --> 01:24:42,159
is equipped do you think that's a fair
question and that's that's my question

997
01:24:40,040 --> 01:24:46,960
that's my question is that okay you're
not asking them how much they paid for

998
01:24:45,000 --> 01:24:51,480
their house on what date they bought it
and how much your mortgage is you're

999
01:24:48,600 --> 01:24:57,280
just saying how long have you owned your
home I mean if I have a I've had a place

1000
01:24:55,000 --> 01:25:01,360
for 15 years I'm either done paying for
it or I'm halfway there um you know what

1001
01:25:00,000 --> 01:25:06,960
I know we're talking about this on
number four right the same applies to

1002
01:25:04,159 --> 01:25:10,400
all the rest of the questions I mean at
the end of the

1003
01:25:07,880 --> 01:25:15,199
day I don't know if it matters you're
probably going to see the long-term

1004
01:25:12,040 --> 01:25:19,320
rental owners have owned it the longest
I would assume because they can more so

1005
01:25:17,280 --> 01:25:23,679
afford to rent it long term if that
makes sense but are we trying to get a

1006
01:25:21,080 --> 01:25:28,600
picture of the individual owner's
Financial sit situation I know I don't

1007
01:25:25,800 --> 01:25:34,440
know I don't think personally I don't
think that should factor into this I

1008
01:25:32,280 --> 01:25:37,920
agree well but you still have to find
out what would motivate you have in

1009
01:25:36,040 --> 01:25:44,520
order to do that you have to find that
motivating factor and and and you know

1010
01:25:41,239 --> 01:25:50,600
if well that's what is these questions
about what would incentivize you number

1011
01:25:46,960 --> 01:25:55,199
six right which if you look at it is
probably the most important question

1012
01:25:52,040 --> 01:26:03,920
period on question number four sorry on
survey option number four survey option

1013
01:25:57,800 --> 01:26:09,880
number three or five or five
five five is number six well I don't see

1014
01:26:07,840 --> 01:26:15,360
how six really applies if we're asking
the question if they own a second home

1015
01:26:12,600 --> 01:26:20,080
that they don't live in because then
they might not necessarily live on

1016
01:26:17,639 --> 01:26:24,639
Folly says they could still offer when
you don't live in that you rent out for

1017
01:26:22,040 --> 01:26:28,360
30 days or longer
I'm lost on what page we're on now we on

1018
01:26:26,080 --> 01:26:33,520
survey four still y
y we four

1019
01:26:31,000 --> 01:26:37,159
okay thought we jumped so question
number five is that what you're talking

1020
01:26:34,760 --> 01:26:41,119
about on survey four for investment
owners of long-term rentals I think

1021
01:26:39,639 --> 01:26:45,760
Kevin was talking about survey number
three I think so

1022
01:26:43,600 --> 01:26:50,880
too you were talking about question
number six on survey

1023
01:26:48,719 --> 01:26:56,840
three was that the one you were talking
about yeah as that's for survey three

1024
01:26:53,840 --> 01:26:59,440
we're on survey four we can talk about
that if you want well I think he was

1025
01:26:57,960 --> 01:27:05,840
going back to say that that question
suffices on would you be willing to uh

1026
01:27:02,639 --> 01:27:08,960
offer your home if there's an incentive
that's why he jumped ear there I

1027
01:27:09,239 --> 01:27:16,480
think are you saying that that question
should be on this survey as well because

1028
01:27:14,199 --> 01:27:20,639
it's not well survey for they're already
offering the long-term rent right we

1029
01:27:19,000 --> 01:27:25,199
don't need them to
switch I think we're still back to does

1030
01:27:23,239 --> 01:27:30,520
the question number one on almost all of
these matter I think it

1031
01:27:28,080 --> 01:27:33,520
matters I think it matters doesn't hurt
but I don't think it I don't think it

1032
01:27:31,800 --> 01:27:36,679
tells us anything I don't think it tells
us

1033
01:27:34,440 --> 01:27:43,040
anything if you've only owned your home
for a year versus 15

1034
01:27:39,639 --> 01:27:48,119
years you you can gain a much better
understanding of of where someone might

1035
01:27:45,000 --> 01:27:52,639
be economically but you're without
asking them very personal details but

1036
01:27:50,760 --> 01:27:57,000
you're still just guessing cuz you don't
know right you don't know you also like

1037
01:27:54,920 --> 01:28:01,080
you said you could be 15 years into your
mortgage you could have no mortgage you

1038
01:27:58,520 --> 01:28:05,159
could have just refinanced taken all of
that out and still have a full mortgage

1039
01:28:03,400 --> 01:28:09,840
and if you just bought it in the last
year and you paid cash for it you

1040
01:28:07,920 --> 01:28:13,880
probably paid over a million dollars for
it but you also aren't short tting it so

1041
01:28:12,239 --> 01:28:17,880
you might be motivated to long-term in
it you also might be unmotivated to

1042
01:28:16,239 --> 01:28:21,920
answer these questions if you answer
number one because then you feel like it

1043
01:28:19,960 --> 01:28:26,040
you can narrow it down to who it is you
know I mean well not that but just you

1044
01:28:23,800 --> 01:28:30,080
know maybe that feels personal to people
too but they're like you don't need to

1045
01:28:27,960 --> 01:28:34,400
know that but I can answer all of these
based on my personal situation or you

1046
01:28:32,719 --> 01:28:38,920
know based on somebody then would it
come down to whether or not we make it

1047
01:28:36,080 --> 01:28:45,480
Anonymous or not Anonymous oh it's be to
be anonymous for so then but I think

1048
01:28:41,880 --> 01:28:49,560
people still may not trust that you know
um maybe if if you you had gathered this

1049
01:28:48,280 --> 01:28:53,840
because this is just trying to build a
foundation of see what the threshold of

1050
01:28:51,679 --> 01:28:58,800
people what it is what are they willing
to answer and you know you get these

1051
01:28:56,520 --> 01:29:03,880
back hopefully it's busy and it you get
really good answers but maybe you know

1052
01:29:01,679 --> 01:29:06,800
and with that maybe you need to do
another survey after that you're like

1053
01:29:05,520 --> 01:29:11,280
okay now we got some really good
information now let's get a little more

1054
01:29:08,880 --> 01:29:15,639
detailed you know if you can if you all
these so how much do you charge per

1055
01:29:12,920 --> 01:29:20,320
month to rent out your
property get personal should that be a

1056
01:29:18,280 --> 01:29:26,480
bracket though I charge but I think it's
so important to know 1500 or below 1500

1057
01:29:23,520 --> 01:29:33,199
3,000 charge or or maybe you give them a
range that's what I think too listen I

1058
01:29:29,239 --> 01:29:38,760
don't respect the Anon the word the
desire Anonymous if we're getting really

1059
01:29:35,199 --> 01:29:45,400
bogged down and really what we need is
just to you know try to get some sort of

1060
01:29:41,760 --> 01:29:49,840
picture of what the appetite is we and
how far are people willing to go but

1061
01:29:48,320 --> 01:29:53,719
technically we don't even need to know
how much you charge if they're long-term

1062
01:29:52,040 --> 01:29:59,199
running we already know what they're
being Char I question then I think do

1063
01:29:56,960 --> 01:30:02,880
need to know hold on we got too many
conversations I can't okay I think

1064
01:30:01,480 --> 01:30:06,159
everybody agrees we want are going to
ask how much they charge the question is

1065
01:30:04,560 --> 01:30:10,960
for number one and this goes back for
all of the Sur I want a consensus from

1066
01:30:08,800 --> 01:30:15,960
y'all about whether to ask how long
theyve own the house here's my thoughts

1067
01:30:13,560 --> 01:30:20,679
and I will say question five that is
basically saying would you support the

1068
01:30:18,199 --> 01:30:26,239
city of f beach Wait On which not on
survey 1 through three okay back to the

1069
01:30:24,040 --> 01:30:30,400
in all of this surveying we're trying to
gather an understanding of what the

1070
01:30:28,920 --> 01:30:36,280
residents and property owners are
willing to accept as an acceptable

1071
01:30:33,520 --> 01:30:41,159
program for affordable housing so maybe
they all hate ad use maybe they want to

1072
01:30:38,639 --> 01:30:44,159
do this but whatever it may be that's
the most important question we need

1073
01:30:42,520 --> 01:30:49,080
answered because if the public won't
support it it doesn't even make sense to

1074
01:30:45,800 --> 01:30:55,000
send it to council right but if we have
how many years you've lived here and we

1075
01:30:51,840 --> 01:31:00,280
find out that
most of the support is coming from

1076
01:30:57,280 --> 01:31:05,920
people who have lived here under a year
or one to four years then we may not

1077
01:31:03,639 --> 01:31:09,320
have reached the entire audience we
wanted to reach to gather the

1078
01:31:07,639 --> 01:31:14,400
information and we may need to seek a
different approach to get the

1079
01:31:12,679 --> 01:31:18,639
information that's the only reason I
would leave it there is you can also

1080
01:31:16,560 --> 01:31:22,880
tell their level of commitment to Folly
if they've been here for five to 15

1081
01:31:21,199 --> 01:31:29,840
something years then they might be more
motivated for the community itself

1082
01:31:26,880 --> 01:31:36,760
versus their property their actual
property I think we should leave it

1083
01:31:33,280 --> 01:31:42,719
in I think what yeah I think what Paula
said is like because then you can kind

1084
01:31:38,560 --> 01:31:46,880
of gauge the you know your the the
worthiness of your responses you know

1085
01:31:45,080 --> 01:31:52,280
like are you getting you know are you
getting these 10 to 14 year year people

1086
01:31:49,840 --> 01:31:56,760
the diversity of the particip yeah the
diversity yeah I think you're and I

1087
01:31:54,639 --> 01:32:00,920
don't know how if you could say it
differently so people don't feel so well

1088
01:31:58,840 --> 01:32:06,159
that's a personal question you know like
in order to make I I don't I don't know

1089
01:32:03,719 --> 01:32:10,159
if you know if in order to make sure
that question even relevant though what

1090
01:32:07,880 --> 01:32:14,119
are you going to do that information me
I don't see any relevance at all I

1091
01:32:12,040 --> 01:32:17,679
didn't Nei until Paul said that ask from
our audience I don't care whether you

1092
01:32:15,560 --> 01:32:23,320
for five years or 20 yeah but we want to
make sure we're reaching everybody like

1093
01:32:20,239 --> 01:32:26,600
all different I think it doesn't hurt as
long as it's not

1094
01:32:25,520 --> 01:32:32,800
understand what that means well to make
sure that we're you know that we're our

1095
01:32:28,960 --> 01:32:37,000
responses are from a wide variety ofid
you know it's not just the the the ones

1096
01:32:35,239 --> 01:32:40,920
that have only have just been here for a
year it's you know it's the the ones

1097
01:32:39,520 --> 01:32:45,760
that have been here question I mean it's
just you go back to number five and six

1098
01:32:44,080 --> 01:32:49,119
would you be willing to offer your what
we really want to know I mean it is

1099
01:32:47,600 --> 01:32:55,840
you're going to run or not I mean and
what would is it Adu that that brings

1100
01:32:51,440 --> 01:32:55,840
you home I mean what I would be

1101
01:32:56,280 --> 01:33:06,440
that's my reason why because
when analytics of the survey

1102
01:33:02,480 --> 01:33:10,480
itself who who who is this
survey who is without identifying the

1103
01:33:09,040 --> 01:33:15,400
actual person because we don't care who
the person is we just want demographics

1104
01:33:13,000 --> 01:33:21,119
about it's all electronic right it's not
being mail monkey okay do they have to

1105
01:33:19,159 --> 01:33:25,119
answer could they skip that question and
still complete the survey will you me do

1106
01:33:23,480 --> 01:33:31,080
that absolutely we
can you could put in yeah not required

1107
01:33:28,520 --> 01:33:35,760
or whatever right yeah maybe do that and
then it's to them if they want to we

1108
01:33:34,040 --> 01:33:41,239
would have you know if everybody answers
it great if nobody were like well we

1109
01:33:37,159 --> 01:33:45,199
didn't need to do that or something um
on that note as we are making it

1110
01:33:43,119 --> 01:33:49,480
available because we're asking property
owners who don't live here so it's going

1111
01:33:47,080 --> 01:33:54,400
to be digital available to anybody
that's has a relationship to folly or

1112
01:33:52,360 --> 01:33:58,520
property own Folly basically
good and then I think there's the idea

1113
01:33:56,480 --> 01:34:02,400
about mailing to somebody is probably a
good one at least for people that here

1114
01:34:00,840 --> 01:34:08,159
locally I don't know how because we
certainly can't send it out to thousands

1115
01:34:04,520 --> 01:34:12,119
of 2400 we know how many long MERS are
out there and we know who they are where

1116
01:34:09,800 --> 01:34:15,960
they but this is something we could you
could do a mail for them for the

1117
01:34:13,760 --> 01:34:19,840
long-term rental part yeah for wh
whomever is long-term renting currently

1118
01:34:18,040 --> 01:34:23,920
yes what I'm saying is that we've got
you know that 1100 other properties or

1119
01:34:22,320 --> 01:34:29,000
whatever it is 1,200 properties out
there that are

1120
01:34:25,639 --> 01:34:32,920
either uh that don't live here so we
want to get those are the people who

1121
01:34:30,400 --> 01:34:36,360
might have a stock of houses that we can
incentivize right so I'm just trying to

1122
01:34:34,679 --> 01:34:40,520
make sure that we're getting well I'll
talk to Stacy about the email addresses

1123
01:34:38,840 --> 01:34:44,000
that she has for
investors so that we can make sure that

1124
01:34:42,639 --> 01:34:49,040
we're reaching all the people that we
want to reach just any proper so if

1125
01:34:45,800 --> 01:34:54,280
somebody own seven properties versus two
properties versus one would they fill

1126
01:34:52,040 --> 01:34:59,679
out the electronic how would they how
would you monitor them filling it out

1127
01:34:57,639 --> 01:35:03,360
that's true four separate times I've
thought about that and I haven't come up

1128
01:35:01,360 --> 01:35:08,199
with an answer seven seven times if it's
not an actual piece of Mony is so um

1129
01:35:06,560 --> 01:35:13,360
you're able to manipulate it so much
that I bet I can figure out a way to say

1130
01:35:09,760 --> 01:35:18,639
if you do you long-term rent how many
properties and if it's more than one

1131
01:35:15,199 --> 01:35:22,719
then you know I'll get the well there's
not that many it would only be the how

1132
01:35:20,360 --> 01:35:26,560
much you charge is the only you have to
or how long you I think you can set it

1133
01:35:24,679 --> 01:35:29,880
so the same email address can't answer
more than one time if there's two owners

1134
01:35:28,040 --> 01:35:33,639
of the property then how how would you
get accurate answers if your emailing it

1135
01:35:32,080 --> 01:35:39,480
to them and they have two separate email
address dat data we're looking for is

1136
01:35:36,440 --> 01:35:43,920
appetite out there right so two we might
get to but if I'm on the date somebody

1137
01:35:42,360 --> 01:35:47,119
else is on the date and you send it to
two different email addresses

1138
01:35:45,239 --> 01:35:51,159
technically your questions should just
be

1139
01:35:47,920 --> 01:35:56,040
one email yeah one set of questions
where you can say how many properties

1140
01:35:53,080 --> 01:36:01,480
one two or three you would get a
duplicate answer if you send it to both

1141
01:35:58,119 --> 01:36:06,000
me and my spouse who own the properties
spouse I thought you meant like an LLC

1142
01:36:03,560 --> 01:36:10,320
that had two different but all that how
would you regulate electronically well

1143
01:36:08,320 --> 01:36:13,400
don't you want as many yeah inputs I
don't think it matters like you might

1144
01:36:11,800 --> 01:36:17,119
have one opinion and Chris
has your spous might have different

1145
01:36:15,520 --> 01:36:20,280
opinions on what you might support and
so we would like to have your answers

1146
01:36:18,920 --> 01:36:25,159
for both and I can't imagine that
someone who's currently got a long-term

1147
01:36:22,199 --> 01:36:29,000
rental has answer or planning to answer
the question about how much do you

1148
01:36:26,600 --> 01:36:31,679
charge I don't they probably are going
to give you the same answer because they

1149
01:36:30,119 --> 01:36:36,560
know how much they charge I don't think
it matters to have more than one opinion

1150
01:36:33,520 --> 01:36:42,960
from the same household on most of it
except for how much do you charge well

1151
01:36:38,960 --> 01:36:46,639
in Reverse if it's the tenants
answering we should still how valid is

1152
01:36:45,159 --> 01:36:50,800
this information going to be if we only
get a 50% response you might get we

1153
01:36:49,320 --> 01:36:54,280
might get 10% we're not this isn't going
to be a statistical analysis of this

1154
01:36:53,080 --> 01:37:00,560
y'all this is
you an appetite of what we think of

1155
01:36:56,320 --> 01:37:06,000
people who are who are who who hit s
yeah I know it's probably just one of

1156
01:37:01,920 --> 01:37:09,239
these things that we need to do but
sometimes surveys can back people went

1157
01:37:08,040 --> 01:37:13,639
talk to their friends and got some
answers that's how this is going to

1158
01:37:10,679 --> 01:37:20,320
benefit I keep thinking about the police
officers saying about speeding and if we

1159
01:37:16,480 --> 01:37:26,320
don't if we if we survey and we don't
and we're surveying to kind of move into

1160
01:37:22,280 --> 01:37:32,159
a direction of getting uh lower speed
limit for not to say that we don't have

1161
01:37:28,760 --> 01:37:36,520
a great speed limit here but if it if we
don't get the answers it might backfire

1162
01:37:34,679 --> 01:37:43,119
and I just don't want a survey like this
where we're trying to seek out you just

1163
01:37:39,159 --> 01:37:48,440
want numbers that fire and then you know
if we don't get a good response rate we

1164
01:37:45,280 --> 01:37:54,280
deem that as it's not needed if you
don't get a good response rate you don't

1165
01:37:50,119 --> 01:37:57,320
have to put um any Credence give it cre
I think what she's saying is that I just

1166
01:37:55,800 --> 01:38:00,960
if you don't get a lot of participation
that doesn't mean that this initiative

1167
01:37:58,719 --> 01:38:08,000
is dead right you're more concerned like
concerned that if we don't get

1168
01:38:03,840 --> 01:38:15,599
um real numbers like if there if electon
if electronically there's no way to keep

1169
01:38:11,400 --> 01:38:19,719
the numbers accurate super accurate then
it could backfire and and and that a

1170
01:38:17,880 --> 01:38:25,719
survey if you don't get enough
participants it might make it seem as

1171
01:38:22,159 --> 01:38:31,520
though we don't AFF inacurate Insight
might gleam out it backfires all I just

1172
01:38:28,960 --> 01:38:35,960
I get worried with surveys in
general what is your suggestion if it's

1173
01:38:34,199 --> 01:38:39,639
just a run-of-the-mill thing that the
city needs to do to say that we did it

1174
01:38:37,760 --> 01:38:43,920
so that we can move on to the next step
that's that's one thing we need it yeah

1175
01:38:41,719 --> 01:38:50,599
we yeah we need it we need it we as for
but at the same time I I'm hesitant just

1176
01:38:48,560 --> 01:38:54,880
like you say if they hit number one and
they're like oh I don't like this survey

1177
01:38:52,760 --> 01:38:58,920
turn off the computer well I'd rather
not I'd rather get no data than get

1178
01:38:57,000 --> 01:39:03,040
totally skewed wrong data you know what
I mean like I I have to say that that's

1179
01:39:00,440 --> 01:39:08,119
why I'm considerate of how much people
are willing to answer and how personal

1180
01:39:06,320 --> 01:39:10,800
it is I just want to be respectful
because I think people who click on it

1181
01:39:09,639 --> 01:39:15,199
decide they're going to participate are
either going to answer as accurately as

1182
01:39:13,360 --> 01:39:18,360
honestly as they can or they're going to
turn it off and that's fine like I don't

1183
01:39:17,080 --> 01:39:23,159
think anybody's going to click the link
if they are not interested in completing

1184
01:39:21,280 --> 01:39:29,840
how I move the question about how long
you lived here to the end not

1185
01:39:26,880 --> 01:39:34,119
required probably so the first question
is how much do you charge per mind maybe

1186
01:39:32,520 --> 01:39:37,560
we should look at no I think I think we
can reshuffle it but like do you think

1187
01:39:35,920 --> 01:39:43,440
we should prioritize affordable housing
to me feels like a good start right I

1188
01:39:40,440 --> 01:39:46,080
mean probably wouldn't continue if you
disagree you probably click on the link

1189
01:39:44,719 --> 01:39:50,520
in the first place or maybe you want to
tell us you don't think it's important

1190
01:39:48,599 --> 01:39:55,280
but I also just back to how this part of
the conversation started I don't want

1191
01:39:52,840 --> 01:40:00,080
somebody owns three or four long-term
rentals which some people do to have to

1192
01:39:57,920 --> 01:40:05,920
do the whole thing multiple times I
think we need to add a do you you know

1193
01:40:01,880 --> 01:40:09,000
do you own one um is very customizable
that way they will not have to be more

1194
01:40:07,239 --> 01:40:13,880
than one perfect because most of the
questions you can answer once right but

1195
01:40:11,320 --> 01:40:18,119
right how much per rent
and and maybe you say in the beginning

1196
01:40:16,199 --> 01:40:22,800
of the survey like this little cover
sheet you know hey we real you know

1197
01:40:20,280 --> 01:40:28,800
we're just we're trying to just you know
get some sort of picture of what you

1198
01:40:25,560 --> 01:40:32,960
know um those who live here work here
own a business here are willing to do

1199
01:40:30,920 --> 01:40:36,400
and interested in doing so that people
aren't like oh my God this is how it's

1200
01:40:34,480 --> 01:40:40,400
going to be you know kind of thing so
maybe they can keep that in their head

1201
01:40:38,599 --> 01:40:44,000
while they're answering these questions
you know you would get more of a you

1202
01:40:42,440 --> 01:40:46,800
know you want people to maybe dream a
little bit and be like oh yeah I might

1203
01:40:45,440 --> 01:40:49,520
do that you know that would be
interesting you know because that's good

1204
01:40:48,239 --> 01:40:52,880
info you're like okay there's a little
bit of an appetite for that it's not

1205
01:40:51,280 --> 01:40:55,679
well I'm not doing this tomorrow you
know you want people to think that's

1206
01:40:54,199 --> 01:41:00,800
what's going to happen tomorrow like you
want them to kind of you know project

1207
01:40:57,880 --> 01:41:05,199
out and think of you know what what is
possible you know for that so if somehow

1208
01:41:03,199 --> 01:41:10,119
the writing or you know the the
description could somehow lean that way

1209
01:41:08,080 --> 01:41:14,040
a little bit doing so that they're not
like oh my God if I say yes this is what

1210
01:41:11,880 --> 01:41:18,040
I'm gonna have to do or something too
yeah I think it's so important say we

1211
01:41:15,920 --> 01:41:22,880
like to hear from the voices and the
ideas or not the ideas but we'd like to

1212
01:41:20,040 --> 01:41:26,719
hear input from our business owners our
property owners or residents Etc and

1213
01:41:25,119 --> 01:41:30,920
your voice is important to us as we
consider this initiative you know right

1214
01:41:29,440 --> 01:41:36,080
I don't know if we even need to be
asking how much they charge to rent out

1215
01:41:33,000 --> 01:41:39,880
their property if we're not considering
the square footage of the house and how

1216
01:41:38,320 --> 01:41:43,560
many bedrooms and bathrooms are in here
and I don't see bedrooms or bathrooms I

1217
01:41:41,760 --> 01:41:47,560
have note on that too that we you say
like per unit do you do you rent I get

1218
01:41:45,960 --> 01:41:51,080
bedroom or bathroom number four then
number one two and three do have ask we

1219
01:41:49,400 --> 01:41:55,639
are asking bedrooms and bathrooms but
I'll add it for number four for the for

1220
01:41:54,320 --> 01:42:02,320
for four
and yeah another one in there do you

1221
01:41:59,000 --> 01:42:06,960
rent per unit per bedroom right Full
House or how much do

1222
01:42:04,760 --> 01:42:10,280
you the square footage doesn't matter
it's the number of bedrooms that right

1223
01:42:08,880 --> 01:42:12,599
number of people who are in there yeah
number

1224
01:42:12,880 --> 01:42:20,599
people all right number five business
owners I think this is going to be a

1225
01:42:18,880 --> 01:42:25,639
tough one it's going to be hard to fill
out with the questions how far do they

1226
01:42:23,719 --> 01:42:29,920
have to go how many of them are cost
burden I don't know that this is going

1227
01:42:28,280 --> 01:42:36,400
to get filled out at all for business
owners but um so I do think that the

1228
01:42:34,040 --> 01:42:41,960
average commute for employees is a huge
motivating factor on both sides I think

1229
01:42:39,400 --> 01:42:45,320
that one should at least stay that means
they have to survey every single

1230
01:42:43,560 --> 01:42:48,239
employee that's the only reason I think
they won't do it is just because they

1231
01:42:46,800 --> 01:42:51,239
don't want asking the employees
themselves so we can get the actual data

1232
01:42:49,719 --> 01:42:55,560
instead of having the manager figure it
out for every employee oh yeah excuse me

1233
01:42:53,639 --> 01:42:58,880
this is business owners business owners
where's the other one what if you ask

1234
01:42:56,960 --> 01:43:02,599
what about well like business owners
thinking you know okay if you own a

1235
01:43:00,800 --> 01:43:07,480
business out here you know what are you
willing to do for your employees like I

1236
01:43:06,080 --> 01:43:11,840
think it is kind of nice to know though
that the average commute so I think

1237
01:43:09,080 --> 01:43:18,599
again make it easy though is it one to
five miles is it you know 5 to 10 or

1238
01:43:15,599 --> 01:43:21,480
more just in general because there are
going to be some people live on the

1239
01:43:19,880 --> 01:43:24,480
island even the average I don't know if
it's going to help us too much but some

1240
01:43:23,199 --> 01:43:28,440
people live on the island that work
there and 90% of them live off the

1241
01:43:26,199 --> 01:43:34,000
island but asking if they're housing
costs burdened is yeah asking them how

1242
01:43:32,280 --> 01:43:39,199
much do you pay for itent right now and
let me get out the calculator and well

1243
01:43:37,639 --> 01:43:45,119
we don't have we don't have to ask them
number five we're telling ask Define

1244
01:43:43,239 --> 01:43:49,119
that is 30% of your monthly income means
your house burden what is your househ

1245
01:43:47,520 --> 01:43:53,800
income and what is your Brent I don't
think the business you're asking the

1246
01:43:50,880 --> 01:43:58,480
business no this is number six this is
number five on business owners survey

1247
01:43:56,800 --> 01:44:02,840
five business owners oh well maybe we
should take out number five on business

1248
01:44:00,400 --> 01:44:06,119
owners yes I think we just need to
strike that one they don't have a way

1249
01:44:07,400 --> 01:44:12,920
to I mean it's important to know but I
don't think they're going to be able to

1250
01:44:11,119 --> 01:44:17,239
answer it it's not their responsibility
it's really their guess it is totally

1251
01:44:14,880 --> 01:44:21,000
guess and I think with number six we're
asking individually so yeah you're

1252
01:44:19,159 --> 01:44:26,320
getting it there maybe we should check
out number two

1253
01:44:24,560 --> 01:44:31,360
I'm talk about the whole survey just
take just take out the whole business

1254
01:44:27,960 --> 01:44:35,400
owner survey uh I don't know if I so all
right so what part tell me what specific

1255
01:44:33,280 --> 01:44:41,040
I don't know necessarily if if if if
five is you'd keep it in or number two

1256
01:44:38,199 --> 01:44:46,560
because what does it matter how many
they employ if some might live here and

1257
01:44:43,719 --> 01:44:52,760
some might not but also some might be
able to work from home well let's think

1258
01:44:50,599 --> 01:44:57,480
about how many businesses most of them
are going to going to be something in

1259
01:44:55,199 --> 01:45:03,400
the relationship with tourism right so
it's going to be mostly hospitality and

1260
01:45:00,119 --> 01:45:08,560
you know Boutique shops and whatnot or
you know what I mean so I I I think it'd

1261
01:45:06,159 --> 01:45:13,280
be interesting to know okay I employ six
people two of them live on the island

1262
01:45:10,679 --> 01:45:19,320
the rest of them don't so that tells me
that there's four people that may be

1263
01:45:15,639 --> 01:45:23,480
interested in being closer to their job
I guess is kind of where or maybe on the

1264
01:45:21,159 --> 01:45:27,320
cusp but not being able to stay question
correct correct that's actually other

1265
01:45:25,719 --> 01:45:31,040
thing I definitely would take five out
of that one though it's just not yeah I

1266
01:45:29,440 --> 01:45:35,880
would take one out I don't think it
matters how long I business I agree too

1267
01:45:33,719 --> 01:45:41,080
okay um how many people how many live on
the island does average commute time

1268
01:45:38,880 --> 01:45:47,639
matter I think if they feel like they
can answer that question you know maybe

1269
01:45:44,119 --> 01:45:55,280
just do the it depends on how 1 to three
miles and then you know three to

1270
01:45:51,239 --> 01:45:55,280
five and then on

1271
01:45:55,719 --> 01:46:05,239
that I I know that it's it's an
important question of of of my place of

1272
01:46:01,400 --> 01:46:11,159
work cuz the commute seems to be
the the the the daily um issue as to

1273
01:46:09,520 --> 01:46:16,639
whether or not people will show up or
not this always comes back to the the

1274
01:46:13,920 --> 01:46:23,880
commute well I couldn't because there
was a wreck and took it you know the

1275
01:46:20,520 --> 01:46:28,719
commute seems to be an ongoing issue for
you could just give a range yeah just

1276
01:46:26,000 --> 01:46:32,719
break a box for right so taking five out
for business owners anything else and

1277
01:46:30,560 --> 01:46:37,760
taking one out taking one out taking
five out and then and the ranges for the

1278
01:46:36,239 --> 01:46:41,159
I I also would be interested and I'm not
going to word it right right out of my

1279
01:46:39,440 --> 01:46:45,639
mouth but something about would
affordable housing on Folly help you

1280
01:46:43,199 --> 01:46:50,560
recruit Talent or help you recruit and
retain across the board I would think so

1281
01:46:48,320 --> 01:46:54,880
but like you know what it you might hear
people say I don't really have that

1282
01:46:52,199 --> 01:46:58,880
problem you know or it doesn't it's not
a decision for me well I guess you're

1283
01:46:57,320 --> 01:47:02,119
kind of asking that with number six is
would you be willing to participate in

1284
01:47:00,280 --> 01:47:07,480
affordable housing true say yes then
they think it it would allow them maybe

1285
01:47:05,040 --> 01:47:11,480
like so maybe you could read into it a
little bit if you get yeses or knows

1286
01:47:09,560 --> 01:47:16,320
true well it says would your business
benefit if there's no I mean why

1287
01:47:14,520 --> 01:47:22,320
wouldn't they want to participate yeah
because participating in afford housing

1288
01:47:19,199 --> 01:47:25,440
program might make them sign up to pay
for

1289
01:47:23,599 --> 01:47:29,960
right I was going to say participate and
think want want the city to do it or

1290
01:47:27,560 --> 01:47:34,760
this one here is Folly Beach
offers well it says would you be willing

1291
01:47:32,239 --> 01:47:38,560
to participate in an affordable housing
or workhouse program we don't have any

1292
01:47:36,960 --> 01:47:42,159
of those developed yet but in that
program we could say in order to be a

1293
01:47:40,520 --> 01:47:45,599
participant in this the business owner
needs to pay out this much and then the

1294
01:47:43,920 --> 01:47:51,480
city will match it or whatever the city
will contribute so it it it is a that's

1295
01:47:49,440 --> 01:47:56,440
an important question question that we'd
need to to know if they if be

1296
01:47:53,599 --> 01:47:59,840
willing to match or contribute match or
contribute or something like that to

1297
01:47:58,560 --> 01:48:06,199
yeah when you say participate
participate pay into it well I I think

1298
01:48:03,000 --> 01:48:11,119
participate is a yeah would you it's a
non-scary question if you so are we

1299
01:48:09,639 --> 01:48:15,360
talking about number seven changing or
is this adding a second another question

1300
01:48:12,960 --> 01:48:19,800
I think if you say
participate then it will it could be

1301
01:48:17,400 --> 01:48:24,400
defined later as to what participate
means if you if you ask them if they

1302
01:48:22,599 --> 01:48:29,159
want to participate in paying out
they're going to say no until they know

1303
01:48:27,159 --> 01:48:32,679
all of the details and we don't have all
the details so if you say participate

1304
01:48:30,920 --> 01:48:36,280
it's not scary well I think there's are
two different things though would I love

1305
01:48:34,520 --> 01:48:40,800
to encourage my employees to take
advantage of a of a city offered program

1306
01:48:38,520 --> 01:48:45,880
that the city's paying for or you asking
me to contribute from my business well

1307
01:48:44,199 --> 01:48:51,280
that's why we leave it as willing to
participate and an affordable house

1308
01:48:47,840 --> 01:48:55,719
until we have that program worked out
they could say yes for many reasons and

1309
01:48:53,719 --> 01:49:00,560
it still wouldn't backfiring them saying
yes could mean one thing or saying yes

1310
01:48:58,080 --> 01:49:05,880
could mean another again we just want to
know what if you just put like an aster

1311
01:49:03,280 --> 01:49:11,679
by participate and kind of said you
know like you know elaborated a little

1312
01:49:08,840 --> 01:49:15,960
bit like this this may come in many ways
you know whether you contribute whether

1313
01:49:13,400 --> 01:49:20,920
you just have employees or pay into it
we're still defining what this means but

1314
01:49:18,719 --> 01:49:24,719
you know but that's where you might hook
them into not wanting to answer that

1315
01:49:25,320 --> 01:49:31,480
right then they don't have I like it
just how okay we'll leave it like that

1316
01:49:29,880 --> 01:49:35,960
it's another one of those where you
participate John wants to say something

1317
01:49:33,800 --> 01:49:40,320
can we invite just use the word
initiative instead of all those you're

1318
01:49:37,560 --> 01:49:45,440
talking about put initiative
means well we're talking about the the

1319
01:49:43,599 --> 01:49:51,599
word the misunderstanding that it might
be would you participate or would you

1320
01:49:47,760 --> 01:49:55,719
pay into and contribute just use the
partipate is in there it's would you

1321
01:49:54,000 --> 01:49:59,360
participate in the inititive right
that's we already have that word in the

1322
01:49:57,400 --> 01:50:02,199
would you participate in the initiative
all right I I get

1323
01:50:02,880 --> 01:50:11,679
it let's talk about workers on yes would
you be willing to participate in same

1324
01:50:09,239 --> 01:50:18,080
thing
yes um so this one gets to what is your

1325
01:50:15,400 --> 01:50:23,280
commute time I add ranges for that one
would you consider moving we could add

1326
01:50:20,159 --> 01:50:29,400
ranges for that one too this Ed those
two miles for what would be

1327
01:50:27,239 --> 01:50:36,199
um I definitely do the bullet points
like ranges for you we'll do ranges for

1328
01:50:33,040 --> 01:50:39,440
those what you say within a 15 to 20
mile radius I have to say that I think

1329
01:50:38,360 --> 01:50:44,760
there's going to be a lot of people that
are in 15 to 20 miles that I don't think

1330
01:50:42,679 --> 01:50:52,239
are going to think that's a Folly Beach
initiative 15 miles is like Costco in

1331
01:50:48,000 --> 01:50:57,119
West Ashley like I I think we need to
would you be willing would you be cons

1332
01:50:54,280 --> 01:51:00,599
consider moving 15 minutes yeah 15
minutes it's very different I mean

1333
01:50:58,400 --> 01:51:05,960
literally think about how far it's only
day three miles to four miles to ro

1334
01:51:04,320 --> 01:51:13,599
Costco is 9 and a half miles the
connector is seriously so I mean I knew

1335
01:51:10,000 --> 01:51:18,320
sure you know Connor is seven miles so
just the connector is seven miles from

1336
01:51:15,599 --> 01:51:24,280
there so just to get so take out the 15
to 20 and and and say five mile radius

1337
01:51:22,599 --> 01:51:28,079
one mile radius what do we want to say
and I think we really need to know

1338
01:51:26,159 --> 01:51:32,639
somebody's understanding the difference
between are we we're trying to help you

1339
01:51:30,000 --> 01:51:37,239
get closer to folly or live on Folly
because living just AC over the bridge

1340
01:51:35,119 --> 01:51:41,520
and here is folly and that's what people
think of they don't think of living in

1341
01:51:38,960 --> 01:51:48,560
Seal glass apartments on James Island is
living on Folly so I think we and more

1342
01:51:44,480 --> 01:51:56,760
importantly that's not um a resident
that pays taxes that not taxes cuz if

1343
01:51:52,960 --> 01:52:03,599
renters right well they they still a
they're still a resident of yeah they

1344
01:52:00,960 --> 01:52:08,840
put pay taxes in some realm little sales
high but with this we're just trying to

1345
01:52:05,800 --> 01:52:14,840
determine the cost burden number of
people who work on the island in

1346
01:52:12,079 --> 01:52:23,040
particular that's our only goal really
and on this one and how far they commute

1347
01:52:18,599 --> 01:52:27,239
if they commute less would they be would
they be willing to work to participate

1348
01:52:25,159 --> 01:52:32,239
in the program if it meant a smaller
commute time and I think it also is

1349
01:52:30,199 --> 01:52:35,719
important to know not how many bedrooms
and bathrooms they have their current

1350
01:52:33,360 --> 01:52:40,480
residence doesn't matter to me as much
is how many bedrooms and bathrooms do

1351
01:52:37,840 --> 01:52:44,119
you need because you may right next
that's the third bullet under number

1352
01:52:41,960 --> 01:52:48,040
three okay yeah I don't I guess I don't
know if number four is necessary like

1353
01:52:46,199 --> 01:52:51,480
how many they have now wherever they are
we just need to know how many they need

1354
01:52:49,760 --> 01:52:54,440
yeah that's true that was just from the
rest of them

1355
01:52:54,880 --> 01:53:05,119
over and then on five I would do the
brackets again

1356
01:53:00,199 --> 01:53:10,760
because privacy I guess
sure and then number six I know this

1357
01:53:07,320 --> 01:53:17,719
says rank 1 to five this was a submitted
question that only had

1358
01:53:13,360 --> 01:53:21,000
two answers but then asked as to rank
them so do you want to add something

1359
01:53:19,360 --> 01:53:27,599
more to those or do we take the ranking
out and just say you could put in um

1360
01:53:25,440 --> 01:53:31,679
somebody forgot to elaborate on that
there's

1361
01:53:28,280 --> 01:53:37,679
only well you could put in um getting
some kind of assistance type thing

1362
01:53:34,360 --> 01:53:39,960
wherever you live if you work on that
kind of

1363
01:53:40,840 --> 01:53:49,079
thing I think we should maybe either
scratch that question or try again huh

1364
01:53:45,840 --> 01:53:52,480
or just add that one and one to three
one to three

1365
01:53:52,840 --> 01:53:59,520
I was the level of importance I think
you might want to also just add get my

1366
01:53:58,079 --> 01:54:03,679
cost of
living down or like reduce my cost of

1367
01:54:02,400 --> 01:54:07,880
living because you may have someone
that's here for three

1368
01:54:08,119 --> 01:54:14,920
months bad example but someone who can't
afford to stay they might be here right

1369
01:54:13,239 --> 01:54:19,040
now and they just can't afford to stay
so but if back to the public safety

1370
01:54:17,400 --> 01:54:24,119
people right 600 bucks a month that's
just not enough for most people so I

1371
01:54:22,880 --> 01:54:30,679
I don't know the right way to word it
but you know reduce my cost of living

1372
01:54:27,599 --> 01:54:30,679
something like that might be

1373
01:54:32,079 --> 01:54:37,520
helpful okay Jenna I also think did we
already say on number going back to

1374
01:54:35,560 --> 01:54:43,079
number five here say city is interested
in whether you pay more than 30% of your

1375
01:54:39,960 --> 01:54:47,040
monthly income and housing isn't that
sufficient why do I need to why do I

1376
01:54:45,320 --> 01:54:51,679
need to know what their monthly income
is or what their mortgage is cuz well

1377
01:54:50,719 --> 01:54:56,320
people aren't going to be able to figure
this out I think we're going to have to

1378
01:54:53,119 --> 01:55:03,079
do it for them but also we want to know
the people who work on the island that

1379
01:54:59,199 --> 01:55:09,599
helps us with what the median income is
right I

1380
01:55:05,520 --> 01:55:14,840
yeah how else the workforce but not okay
instead of asking the 30% part like can

1381
01:55:12,079 --> 01:55:20,560
we just ask two different questions
optional if you're willing to share what

1382
01:55:17,560 --> 01:55:25,880
is your monthly household income X tox X
tox X tox click a box and and then what

1383
01:55:23,360 --> 01:55:28,760
is your monthly rent or mortgage is it
this range this range that range then we

1384
01:55:27,480 --> 01:55:32,360
can kind of just do our best to figure
it out for that's fine the reason I did

1385
01:55:30,480 --> 01:55:36,280
that was just to give them a a reason
why we're asking that why does it matter

1386
01:55:34,360 --> 01:55:39,599
how much their income is you know I want
to kind of explain it why we're asking

1387
01:55:38,040 --> 01:55:45,599
actually I think it's a great idea maybe
instead of asking that question you

1388
01:55:41,920 --> 01:55:50,400
could say the average you know income
Target is standard of living whatever I

1389
01:55:48,159 --> 01:55:53,880
don't know the right words but and so
we're asking this so then like you can

1390
01:55:52,320 --> 01:55:57,960
set it up instead of asking the question
to set it

1391
01:55:55,440 --> 01:56:01,679
up I don't know I would it's the city's
interest is one thing but why is the

1392
01:56:00,280 --> 01:56:06,079
city interested and where do we come up
with 30% I think just clarifying that a

1393
01:56:04,040 --> 01:56:09,639
little bit better as to what's defined
as affordable housing what's

1394
01:56:10,840 --> 01:56:16,800
average one last category I thought of
that we don't I don't think we really

1395
01:56:15,119 --> 01:56:20,880
are addressing there's people who work
on the island but I think it's really

1396
01:56:18,960 --> 01:56:25,119
fair to hear from the long-term renters
Who currently live on the Island because

1397
01:56:23,880 --> 01:56:28,760
there's a lot of you know there's a lot
and there has been a lot but they don't

1398
01:56:27,000 --> 01:56:31,679
all work own the island they own
businesses on the island maybe they do

1399
01:56:30,320 --> 01:56:36,119
work on the island maybe they don't but
they've just been here for 20 years I

1400
01:56:33,920 --> 01:56:39,520
think that would be a good idea really
helpful plenty of them are scared that

1401
01:56:38,119 --> 01:56:49,280
they won't be able to continue living on
that th% okay and I guess would

1402
01:56:45,599 --> 01:56:53,760
you ask oh never mind I would say how
long you Liv on the island do you work

1403
01:56:51,320 --> 01:57:00,520
on the island
um you know how many same as number five

1404
01:56:57,480 --> 01:57:06,960
people who work in the C find out about
30% if we can

1405
01:57:03,199 --> 01:57:10,800
yep um you know again I think how many
bedrooms do you and your family need or

1406
01:57:09,040 --> 01:57:13,400
something like that too because again
you've got single people and you've got

1407
01:57:12,199 --> 01:57:17,400
whole
families

1408
01:57:14,920 --> 01:57:21,880
and I wouldn't be surprised as long as
it's Anonymous that we get really

1409
01:57:19,960 --> 01:57:26,560
because I think we say what is it now I
think need to say what is your budget

1410
01:57:24,760 --> 01:57:30,679
that you can afford to live on the
because there are people who pay

1411
01:57:28,480 --> 01:57:34,639
$800,000 who always have pay that and
there's people who are really struggling

1412
01:57:32,199 --> 01:57:40,599
to pay 25
253,000 now so just honestly

1413
01:57:37,880 --> 01:57:45,960
understanding not not just what you pay
but kind of what is your what is your

1414
01:57:43,599 --> 01:57:51,800
budget you know and somebody might
say I paid $1,000 but I could I could

1415
01:57:49,440 --> 01:57:55,840
stay on the island for500 do you know
what I mean

1416
01:57:53,880 --> 01:58:01,360
gotcha I think we'll be surprised at how
many people live on the island that do

1417
01:57:58,320 --> 01:58:05,239
work on the island but maybe don't don't
work at

1418
01:58:02,639 --> 01:58:09,880
Hospitality yeah or people that
long-term rent that don't work on the

1419
01:58:06,840 --> 01:58:13,119
island yeah I think so too and those
those those are going to be people we

1420
01:58:11,199 --> 01:58:15,260
see I think that have we're going to see
have lived here the longest or lived

1421
01:58:14,639 --> 01:58:18,800
here a long
[Music]

1422
01:58:16,679 --> 01:58:25,400
time I have one more question on that
one what else do we want to

1423
01:58:22,239 --> 01:58:29,239
email me let's say let's take until
Friday if you have any followup

1424
01:58:27,760 --> 01:58:34,159
questions if you think of something you
want to add clarify whatever give me

1425
01:58:31,760 --> 01:58:41,040
until I'll give you until Friday and
then I'll certain the survey out next

1426
01:58:35,920 --> 01:58:46,599
week um we generally do a month to get
encourage more responses so that means

1427
01:58:44,400 --> 01:58:52,800
you will have the results back at the
November meeting and what's our resource

1428
01:58:49,199 --> 01:58:58,199
for pushing it out all of our stands on
um social media uh the website we'll

1429
01:58:56,360 --> 01:59:04,599
mention it at Council meetings we'll put
it on the sign we'll put in

1430
01:59:00,599 --> 01:59:07,599
sanser Stacy's list
perhaps

1431
01:59:09,320 --> 01:59:16,800
all great so we scrapped them we didn't
scrap any of them in the end right A Lot

1432
01:59:14,560 --> 01:59:20,400
the business no I mean one whole survey
we didn't scrap the business owner one

1433
01:59:18,239 --> 01:59:26,840
we just
got okay so next meeting is October

1434
01:59:23,719 --> 01:59:31,639
oober so I will work up the tree um
suggestions recommendations and have

1435
01:59:28,679 --> 01:59:37,239
that to you to vote on and I'm not sure
what you'll talk about for um this longm

1436
01:59:34,840 --> 01:59:42,960
having a public hearing what do you want
to do that in we we can talk after about

1437
01:59:40,760 --> 01:59:48,800
well I just meant with no like agenda to
make any decisions but just to hear

1438
01:59:45,159 --> 01:59:54,480
anyone who wants to come if the email or
survey is going out

1439
01:59:52,320 --> 01:59:58,079
in another
week well I guess that's only going to

1440
01:59:56,400 --> 02:00:01,639
be like two weeks before the next
meeting it'll go out on the 16th so

1441
02:00:00,239 --> 02:00:06,320
it'll be two weeks before the next
meeting so maybe three weeks it's

1442
02:00:04,840 --> 02:00:10,599
calendar how long are we going to leave
the survey open a

1443
02:00:08,159 --> 02:00:15,079
month a month but if we did a public
hearing next month it would just give

1444
02:00:12,760 --> 02:00:19,400
anyone like Mr McFarland who wants to
come and make a comment and say I have

1445
02:00:16,840 --> 02:00:23,800
these ideas or I have these questions
those kind of things okay so public

1446
02:00:21,320 --> 02:00:29,840
hearing o % and nobody May them you
never know but yeah and we're always

1447
02:00:26,880 --> 02:00:33,599
taking um uh suggestions or they don't
have to become the person to to give

1448
02:00:31,280 --> 02:00:37,719
their comments they can also email me so
what percentage do you think we're going

1449
02:00:35,119 --> 02:00:47,599
to get back on any survey you send out
so on our average is about 200 200

1450
02:00:43,639 --> 02:00:53,599
people so for something like the um what
we should do with the new park horz park

1451
02:00:49,880 --> 02:01:00,639
that's there on here we got about 200 20
um that would I think be a maximum for

1452
02:00:56,400 --> 02:01:05,000
all of these combined would be my
prediction the the senior survey two of

1453
02:01:03,159 --> 02:01:08,960
those just went out each one got over
200

1454
02:01:06,440 --> 02:01:12,840
people yeah I'm impressed the senior one
did because the The Avenues to reach

1455
02:01:10,719 --> 02:01:16,000
them aren't the same it's and it's a
smaller population

1456
02:01:16,239 --> 02:01:25,400
yeah great is there a motion to
a sorry sorry I have a very early

1457
02:01:23,000 --> 02:01:25,400
morning