1 00:00:04,400 --> 00:00:16,400 So affordable housing eligibility is based on the area median income. So extremely low income is 30% of area median income. 2 00:00:16,720 --> 00:00:28,440 A can go up to 80% of AMI, which is what we call workforce housing. Tenants do not have to be homeless or at risk of homelessness. It is just an income requirement. 3 00:00:28,440 --> 00:00:32,160 So here's the Tompkins AMI, 4 00:00:34,650 --> 00:00:40,290 so for a family of 430% of extreme which is extremely low 5 00:00:40,290 --> 00:00:50,310 income is 55,000 and usually with affordable projects we see 60% or less and if we're 6 00:00:50,310 --> 00:00:56,250 targeting a high-needs population it might be 30%. And this is something that the developer 7 00:00:56,250 --> 00:00:59,910 who's going to develop this type of housing would figure out they'll do the math on what 8 00:00:59,910 --> 00:01:06,550 rent needs to be and then they'll make the determination with the income band is going to 9 00:01:06,550 --> 00:01:08,210 be for the Affordable Project. 10 00:01:11,780 --> 00:01:14,540 Based on those incomes, I mean, realistically, 11 00:01:16,600 --> 00:01:17,080 everyone's 12 00:01:17,080 --> 00:01:25,160 at risk. And so that's why affordable housing can truly be homelessness prevention, because 13 00:01:25,160 --> 00:01:31,680 if you're a family of four and you're only making $55,000 a year in your family, you are at risk 14 00:01:31,680 --> 00:01:37,800 homelessness. And so to have a place where someone in that income range can live safely, 15 00:01:38,560 --> 00:01:41,420 that is true homelessness prevention. 16 00:01:44,010 --> 00:01:46,750 Ask a quick clarifying question. Yes, yes. 17 00:01:46,950 --> 00:01:50,910 So going back to on the previous slide, the AMI, 18 00:01:52,930 --> 00:01:54,610 maybe I'm not reading it right. I'm just wondering 19 00:01:54,610 --> 00:02:00,990 if the middle row should be at the top versus in the middle because you didn't understand 20 00:02:00,990 --> 00:02:01,550 that either. 21 00:02:01,550 --> 00:02:07,730 You go from 38, then you go down to 23 and then back up to 61 and that's across the board there 22 00:02:07,730 --> 00:02:10,750 So I'm just wondering if one of the rows got misplaced. 23 00:02:10,910 --> 00:02:12,410 Oh, maybe. 24 00:02:15,450 --> 00:02:15,970 Yeah. 25 00:02:15,970 --> 00:02:18,250 So they should be aggressively going up. 26 00:02:18,490 --> 00:02:18,830 Yes. 27 00:02:18,830 --> 00:02:19,110 Yes. 28 00:02:19,170 --> 00:02:19,830 We go down. 29 00:02:20,010 --> 00:02:20,290 Yes. 30 00:02:20,290 --> 00:02:21,010 Thank you. 31 00:02:21,010 --> 00:02:22,650 Thank you for pointing that out. 32 00:02:25,990 --> 00:02:26,110 Okay. 33 00:02:26,430 --> 00:02:29,790 So how do residents pay the rents? 34 00:02:29,790 --> 00:02:36,030 So there are, there are, with support of housing, 35 00:02:36,830 --> 00:02:39,170 each eye has the rental subsidy which we talked about. 36 00:02:39,250 --> 00:02:43,670 So no tenant is going to pay more than 30% of their income 37 00:02:43,670 --> 00:02:44,570 towards the rep. 38 00:02:46,410 --> 00:02:50,210 So whoever that landlord is or the property manager is always 39 00:02:50,210 --> 00:02:55,150 going to be whole in terms of the value of that rental unit. 40 00:02:55,150 --> 00:03:02,950 For affordable housing, no resident is paying more than 30% of their income, but that's it. 41 00:03:03,750 --> 00:03:06,370 So it's just that 30%. 42 00:03:08,830 --> 00:03:13,670 So we want to show you some examples of these types of projects, 43 00:03:13,670 --> 00:03:17,550 even though you have them in your community, but before we go into all of our pictures, 44 00:03:17,690 --> 00:03:20,510 does anybody else have any other questions about that? 45 00:03:21,510 --> 00:03:25,650 The 128 million is that, including your city, and if it does, is there a split? 46 00:03:26,050 --> 00:03:26,370 Yes. 47 00:03:27,350 --> 00:03:35,650 So, I can't remember this book off the top of my head, there's a cap per project which is 15 million. 48 00:03:35,990 --> 00:03:40,230 There's a cap for New York City versus rest of state. 49 00:03:40,610 --> 00:03:44,530 There's also a cap that any one agency can get as well. 50 00:03:45,350 --> 00:03:52,270 We have a lot of sophisticated housing developers that will try to reach that maximum with lots of projects all at one time. 51 00:03:52,430 --> 00:03:54,400 So, we do have those caps built in. 52 00:03:56,990 --> 00:04:01,510 Yes. I have other questions, but this one fits here. What if they're in Compulse 53 00:04:01,510 --> 00:04:05,950 The Zero? What happens in that instance? Then they pay zero. Certainly in a niche 54 00:04:05,950 --> 00:04:12,450 I unit. For a certain period of time or until the end. The rent is the rest of that 55 00:04:12,450 --> 00:04:19,870 rent is paid for by the E-shide program. Okay. In an affordable unit, though, it would 56 00:04:19,870 --> 00:04:26,290 be then the landlord would have to make that up some other way, move to eviction. But if 57 00:04:26,290 --> 00:04:30,310 It's a supportive unit then, right, you should, and you can fill that gap. 58 00:04:31,690 --> 00:04:33,070 You know, another question over here. 59 00:04:33,450 --> 00:04:33,490 Yes. 60 00:04:33,930 --> 00:04:38,390 Just for comparison, can you remind me how much do people have to pay to stay in emergency 61 00:04:38,390 --> 00:04:39,050 shelter? 62 00:04:40,390 --> 00:04:45,910 That varies from county to county, so it 63 00:04:48,730 --> 00:04:52,670 depends on the rate of the hotel room, and that 64 00:04:52,670 --> 00:04:55,430 is negotiated with the county and that hotel. 65 00:04:55,430 --> 00:04:59,970 There's no maximum on how much a county can pay. 66 00:05:00,000 --> 00:05:08,080 4 emergency shelter placements. So, and the amount that that person might have to contribute to their emergency 67 00:05:08,080 --> 00:05:17,240 stay, also varies based on their income and whatever the cost of that stay is. And what we, what we want 68 00:05:17,240 --> 00:05:25,600 to say, too, is that when we're talking about shelter versus permanent housing, shelter is mostly 69 00:05:25,600 --> 00:05:36,480 paid for by the locality. It is mostly paid for by the by the district. So the state 70 00:05:36,480 --> 00:05:46,600 reimburses for 20 to 30 percent of that person's day. It's 71.29. So so we're paying 30 71 00:05:46,600 --> 00:05:51,400 percent essentially in your paying 70 percent. If you're impermanence afforded housing, the state 72 00:05:51,400 --> 00:05:55,300 is paying 100% of that person's stay, and it's permanent. 73 00:05:56,240 --> 00:06:01,980 So in an emergency shelter placement, the person still has to find a place to live 74 00:06:01,980 --> 00:06:02,680 at the end of that. 75 00:06:02,780 --> 00:06:08,780 So whether it's in an emergency shelter in a hotel motel, in a cold blue warming center, 76 00:06:10,120 --> 00:06:15,740 the person needs to find the resources to then exit that situation in a housing market that's 77 00:06:15,740 --> 00:06:16,440 very competitive. 78 00:06:17,060 --> 00:06:18,000 It's nearly impossible. 79 00:06:18,000 --> 00:06:22,540 So, and the county is footing the bill for that placement. 80 00:06:22,720 --> 00:06:27,860 If you're in a permanent setting, that person is there for effort, and they don't really 81 00:06:27,860 --> 00:06:33,640 ever have to move if they don't want to, and it's 100% reimbursed by the state. 82 00:06:33,780 --> 00:06:34,460 We're paying the rent. 83 00:06:34,760 --> 00:06:38,340 We're paying the services, and it's a permanent solution. 84 00:06:39,960 --> 00:06:44,160 I understood that permanent is better, and especially much better for the county government 85 00:06:44,160 --> 00:06:44,620 finances. 86 00:06:44,620 --> 00:06:49,860 I don't think I quite understand from the perspective of the person staying in the place for the night. 87 00:06:50,760 --> 00:06:55,440 How much are you saying it's just totally variable how much they might have to pay? 88 00:06:56,040 --> 00:06:57,980 And even an established, okay. 89 00:06:59,560 --> 00:07:03,060 So if it depends on how the county funds that shelter. 90 00:07:03,200 --> 00:07:09,560 It depends on the perdium rate that's negotiated between the county and the shelter provider. 91 00:07:10,140 --> 00:07:14,720 If there's a specific shelter that you're asking about our hotel, we can find that information out. 92 00:07:14,980 --> 00:07:22,720 But it really is a wide variety, which makes the system very confusing for the people that it's trying to serve. 93 00:07:31,170 --> 00:07:33,510 I'm looking at this slide here. 94 00:07:33,670 --> 00:07:37,510 And the breakdown of the unit looks very similar to the support of housing project. 95 00:07:37,630 --> 00:07:40,230 We're about to break ground down here, which is very exciting. 96 00:07:40,710 --> 00:07:41,730 Is this the new model? 97 00:07:42,150 --> 00:07:47,570 Is this what a mixing the different needs into the same building and supporting them together? 98 00:07:47,570 --> 00:07:56,530 we do see a lot of that so this has so greater opportunities this project has a lot of 99 00:07:56,530 --> 00:08:03,510 different subpopulations which means that sometimes the operators trying to hunt down a 100 00:08:03,510 --> 00:08:09,730 veteran family of four that also has a mental illness so sometimes you can get locked into 101 00:08:11,370 --> 00:08:16,230 trying to find the right person for that unit that you've identified and it could get 102 00:08:16,230 --> 00:08:22,810 difficult for that operator. So, I don't know if these guys had to do it again if they 103 00:08:22,810 --> 00:08:30,790 would have so many different subpopulations, but we do see that. I think what we're 104 00:08:30,790 --> 00:08:37,570 encouraging our providers to do in the COC that we operate is just be as general as possible. 105 00:08:37,950 --> 00:08:45,410 A lot of times, the people that we're trying to serve fall into these categories and are also 106 00:08:45,410 --> 00:08:49,050 long-term homeless, which is one of our categories anyways. 107 00:08:50,370 --> 00:08:56,430 So you don't have to pick it like this, but certainly people do. 108 00:08:56,530 --> 00:09:00,190 But you have to show us that you're eligible to provide the services 109 00:09:00,190 --> 00:09:02,070 for all those different populations. 110 00:09:02,850 --> 00:09:08,070 So then there might need to be for six units of serious mental illness, 111 00:09:08,070 --> 00:09:10,570 another agency that comes in and provides those services 112 00:09:10,570 --> 00:09:12,170 for people that are living in those units. 113 00:09:12,170 --> 00:09:14,770 So it can get very complicated. 114 00:09:19,700 --> 00:09:20,360 Another question? 115 00:09:22,500 --> 00:09:27,740 How did the people who are in need of the service, or in need of housing, in this type 116 00:09:27,740 --> 00:09:31,020 of development, get connected with that? 117 00:09:31,740 --> 00:09:38,200 They should go through the coordinated entry, weight list, which is operated by the continuum 118 00:09:38,200 --> 00:09:38,780 of care. 119 00:09:38,860 --> 00:09:45,060 So that's a shared weight list for any unit of housing that is dedicated to someone who's 120 00:09:45,060 --> 00:09:49,900 raising homelessness, the mental health system also has a similar list, it's called single 121 00:09:49,900 --> 00:09:51,820 point of access or entry, 122 00:09:54,360 --> 00:09:57,540 and any mental health dedicated unit might go through that list. 123 00:09:57,800 --> 00:09:59,560 They're supposed to coordinate. 124 00:10:00,000 --> 00:10:05,360 But coordinated entry is primary for homeless beds. 125 00:10:12,000 --> 00:10:12,560 What's the presentation? 126 00:10:14,020 --> 00:10:15,440 Thank you. 127 00:10:15,520 --> 00:10:19,080 So this is an old barracks. 128 00:10:19,520 --> 00:10:23,960 So 14 units of permanent support or housing for homeless veterans. 129 00:10:25,420 --> 00:10:30,320 It serves the lower Hudson Valley, HJP paid through a million dollars. 130 00:10:30,500 --> 00:10:34,980 There's some trust fund money there, and then each eye is with us. 131 00:10:34,980 --> 00:10:39,060 depending on the sub-population that you're picking, that's going to determine what 132 00:10:39,060 --> 00:10:40,960 say agency or contract is with. 133 00:10:41,900 --> 00:10:46,940 So, this doesn't matter that much now in the beginning of stages of just talking about 134 00:10:46,940 --> 00:10:50,480 this housing, but for some people that's a determining factor. 135 00:10:51,440 --> 00:10:58,620 So, that previous one of the opportunities for broom, that was a whole, that's half a block 136 00:10:58,620 --> 00:11:03,420 that was gifted to that nonprofit by the City of Binghamton. 137 00:11:03,420 --> 00:11:13,680 And they just completely redid it and now the whole spirit of the block has changed because of the revitalization. 138 00:11:16,920 --> 00:11:22,240 And that's an old barracks. This is another project here. 139 00:11:23,600 --> 00:11:28,240 This is Lampfierre Court. This is permanent for housing for individuals and families. 140 00:11:30,000 --> 00:11:37,760 This is 24 units of mental health, 10 units of domestic violence, and as you can see, there's 141 00:11:37,760 --> 00:11:41,640 more units than that, so there's also tax-cut affordable units here. 142 00:11:42,000 --> 00:11:47,200 But this is a different kind of setting, so this looks like a regular community of houses, 143 00:11:47,540 --> 00:11:48,040 like a neighborhood. 144 00:11:51,300 --> 00:11:57,460 This is one of the ones that was from the beginning of the slideshow, so this is Dimitri 145 00:11:57,460 --> 00:12:02,480 House and Rochester. This is small. This is six units of permanent supported housing. So each 146 00:12:02,480 --> 00:12:09,440 IHJP can be one house with one unit in it. If that's what the community needs to address 147 00:12:09,440 --> 00:12:10,100 the issue. 148 00:12:13,480 --> 00:12:18,740 This is larger. This is 10 units of permanent supported housing for SMI, but there 149 00:12:18,740 --> 00:12:23,780 are lots and lots of other affordable units. This is out in Chetakua County. 150 00:12:27,740 --> 00:12:28,940 This is hotel 151 00:12:28,940 --> 00:12:37,680 conversion. So this is in Kingston. This is 70 units of HHAP. So that means 70 units dedicated 152 00:12:37,680 --> 00:12:45,120 to people who are experiencing homelessness, but there's also affordable units in there as 153 00:12:45,120 --> 00:12:49,950 well. So this funding resource, we also want to talk about the housing our neighbors with 154 00:12:49,950 --> 00:13:00,110 nitty actor Honda funding that is repurposed hotel space, office space that can be used 155 00:13:00,950 --> 00:13:07,290 that's capital money that can be used to change a hotel in two permits part of an affordable 156 00:13:07,290 --> 00:13:07,710 housing. 157 00:13:08,290 --> 00:13:14,490 So, you can see that's a very old kind of hotel that we're used to seeing along the highway 158 00:13:14,490 --> 00:13:18,790 and this is the picture below is what is eventually going to look like. 159 00:13:18,790 --> 00:13:23,010 Am I reading that character that's like a $70 million project? 160 00:13:23,210 --> 00:13:25,170 I mean, are you doing a total of all of those together? 161 00:13:25,790 --> 00:13:27,950 Yeah, it's a lot, it's big. 162 00:13:29,510 --> 00:13:30,110 No, a $30 million. 163 00:13:30,210 --> 00:13:31,230 Yeah, yeah, yeah. 164 00:13:31,650 --> 00:13:32,970 It's a big project. 165 00:13:40,010 --> 00:13:44,610 This is another large project, 70 HTTP units of serious mental illness 166 00:13:44,610 --> 00:13:47,430 and some affordable units as well. 167 00:13:50,390 --> 00:13:52,050 This is the stately apartment. 168 00:13:52,350 --> 00:13:54,730 So this might be what you were talking about. 169 00:13:54,850 --> 00:13:56,830 This is getting ready here to get going. 170 00:13:56,830 --> 00:13:58,350 So this is in Ethica. 171 00:13:59,190 --> 00:14:02,790 So there's tax credits here so that there's an affordable component. 172 00:14:03,490 --> 00:14:08,490 HJP gave 4.2 and the total for that project is $32 million. 173 00:14:09,790 --> 00:14:14,930 It's 151 total units, 20 HJP permanent supporter housing units. 174 00:14:18,680 --> 00:14:22,000 This is another small one in Rochester, 15 units. 175 00:14:25,220 --> 00:14:27,360 And I wanted to show the inside of some of these units 176 00:14:27,360 --> 00:14:29,900 so you could see what they look like eventually. 177 00:14:29,900 --> 00:14:32,080 it looks like a regular apartment. 178 00:14:34,660 --> 00:14:38,840 We want people to live well and have a high quality of life, 179 00:14:39,000 --> 00:14:45,080 so we like to build beautiful apartments for people. So this is just pictures that we've taken 180 00:14:45,080 --> 00:14:49,100 during some of our visits to look at the projects. 181 00:14:54,150 --> 00:14:58,190 We also are funding now a lot of co-located 182 00:14:58,190 --> 00:14:59,970 projects so this is 183 00:15:00,000 --> 00:15:07,580 Is emergency shelter in a permanent supported housing project. So we don't have a picture here because this is a domestic violence program. 184 00:15:08,420 --> 00:15:16,600 But we funded 10 units of permanent supported housing and 49 units of emergency for domestic violence in Rochester. 185 00:15:16,600 --> 00:15:26,300 This is another one where there's a shelter component with nine units of permanent supported housing for singles 186 00:15:30,430 --> 00:15:31,850 in Syracuse. 187 00:15:32,350 --> 00:15:39,930 So this is some HTTP money. Eight units of permanent supported housing in 80 beds of emergency shelter. 188 00:15:42,250 --> 00:15:48,310 And the city put in some money for that. And then this is a whole block. This is a New York City project. 189 00:15:48,310 --> 00:15:53,670 So this is so much money that we couldn't even fit it on this live probably. 190 00:15:53,830 --> 00:15:59,730 So this is 115 E to J.P. units of permanent supported housing, but a ton of tax credit. 191 00:16:02,640 --> 00:16:04,160 So anything is really possible. 192 00:16:04,420 --> 00:16:05,900 So that's shelter in permanent. 193 00:16:06,240 --> 00:16:11,540 This is a drop-in center with five E to J.P. units of permanent supported housing. 194 00:16:14,550 --> 00:16:16,250 This is in Chanango County. 195 00:16:16,650 --> 00:16:22,470 These are small houses, and so they're going to have a couple of those units 196 00:16:22,470 --> 00:16:31,030 dedicated to emergency housing and it's important that when you're adding emergency shelter units 197 00:16:31,030 --> 00:16:37,190 as part of trying to address the situation permanently that you make sure you have the right 198 00:16:37,190 --> 00:16:43,350 number of emergency shelter units compared to your permanent supported housing units. So just because 199 00:16:43,350 --> 00:16:49,370 you have 100 people in shelter does not mean you need a 100-bed shelter, especially if you're adding 200 00:16:49,370 --> 00:16:50,450 permanent component. 201 00:16:53,680 --> 00:16:59,940 So we add first steps in here just because sometimes communities come to us 202 00:16:59,940 --> 00:17:05,600 and they don't really know where to start and barking on something like this. So the first thing 203 00:17:05,600 --> 00:17:12,880 is to hook up with the COC which you have a great one here in Ithaca. Get some housing studies, 204 00:17:13,080 --> 00:17:21,480 get your numbers, engage in their meetings, and then apply to each eye, which is a very low barrier 205 00:17:21,480 --> 00:17:28,100 grant to get, we give out a lot of each eye grants because they're intended for new use to be 206 00:17:28,100 --> 00:17:33,720 paired with construction funding and that's not always going to happen. So sometimes people 207 00:17:33,720 --> 00:17:38,020 can't get their construction funding, it's very competitive. So we have lots and lots of 208 00:17:38,020 --> 00:17:43,800 each eye grants out there and it is a very accessible grant to get. And so we encourage people 209 00:17:43,800 --> 00:17:50,380 to apply even if you think you might have a potential for a project a year from now. 210 00:17:51,700 --> 00:18:05,000 And then for affordable housing, you're going to want to get studies on the need and again engage in the COC and then engage your state representatives that do the development of affordable housing. 211 00:18:05,500 --> 00:18:11,460 And you have agencies and organizations in Tomkins County who already know how to do this and have done it successfully. 212 00:18:11,460 --> 00:18:22,040 So if you think you have a site, we just want to talk about potential ways to ID that site. 213 00:18:22,240 --> 00:18:23,800 It can be land. 214 00:18:24,540 --> 00:18:26,180 Any building can be demolished. 215 00:18:26,460 --> 00:18:29,940 It does not necessarily have to be rehabbed. 216 00:18:30,960 --> 00:18:32,840 Markages can be reimbursed. 217 00:18:32,980 --> 00:18:37,040 That is part of what we pay for as our capital development program. 218 00:18:37,240 --> 00:18:41,580 We can reimburse some mortgage that a nonprofit has taken out to acquire property. 219 00:18:41,580 --> 00:18:45,780 We can also pay for the acquisition of that property upon closing. 220 00:18:46,180 --> 00:18:52,180 So there are options, but ideally it's close to services and transportation. 221 00:18:57,590 --> 00:18:57,710 All right. 222 00:18:57,850 --> 00:18:59,350 Well, thank you for all that information. 223 00:18:59,570 --> 00:19:01,670 I know we've had some questions already, and I know we have some more. 224 00:19:02,970 --> 00:19:04,210 I really appreciate you being here. 225 00:19:04,250 --> 00:19:05,430 Thank you for all the information. 226 00:19:05,970 --> 00:19:11,090 It's great to see all these projects and their various forms and be able to research 227 00:19:11,090 --> 00:19:13,830 them independently of these projects. 228 00:19:13,830 --> 00:19:26,090 How many, or do you know, how often municipality or county is initiating the project as opposed to a not-for-profit developer, private developer, et cetera? 229 00:19:26,910 --> 00:19:29,510 I think it depends on the type of project. 230 00:19:29,510 --> 00:19:38,610 And we see more non-profits who are embarking, but that's who embark on the project because 231 00:19:38,610 --> 00:19:46,350 a county-run construction project can hit a lot of snacks along the road that a non-profit 232 00:19:46,350 --> 00:19:47,210 won't hit. 233 00:19:48,310 --> 00:19:56,810 And so a non-profit certainly makes it a smoother process, but what we're trying to encourage 234 00:19:56,810 --> 00:19:59,970 municipalities and counties to do is to... 235 00:20:00,920 --> 00:20:04,100 So if you have a non-profit, who's ready to embark? 236 00:20:04,100 --> 00:20:07,380 I had significant issues. That's steering building in the art house. 237 00:20:10,160 --> 00:20:12,540 And other people went to this meeting with me. 238 00:20:12,920 --> 00:20:16,120 So if I'm mischaracterizing this, they'll pipe them, I'm sure. 239 00:20:17,940 --> 00:20:22,020 But I think the big takeaway was the problem was we had a lot of people in affordable, 240 00:20:22,060 --> 00:20:24,580 because it was affordable housing, mixed with supportive housing. 241 00:20:24,580 --> 00:20:27,700 The support of housing seemed to go OK. 242 00:20:28,580 --> 00:20:33,960 The problem seems to stem from us putting people into affordable housing who really need support 243 00:20:33,960 --> 00:20:34,500 of housing. 244 00:20:35,060 --> 00:20:38,240 And so I didn't know if that was a common problem and I didn't know if you had any thoughts 245 00:20:38,240 --> 00:20:39,480 on how to fix that. 246 00:20:40,100 --> 00:20:41,940 That is a common problem. 247 00:20:42,220 --> 00:20:45,940 So that's what we do hear that. 248 00:20:46,300 --> 00:20:50,260 That sometimes more support is needed for the units. 249 00:20:50,260 --> 00:21:00,960 Because those people might be at risk to and have just the same life challenges or service needs that people who have experienced homelessness have. 250 00:21:01,580 --> 00:21:14,500 And so, what we try to do is make sure that it's a good pairing between an affordable housing developer and a nonprofit. 251 00:21:14,500 --> 00:21:21,820 it. In some of our other projects, so it's not formal. There's case managers there already 252 00:21:21,820 --> 00:21:28,340 and they'll extend their services to whoever's in the building. So that'll work out 253 00:21:28,340 --> 00:21:33,760 if the building's small enough to be able to stretch their resources. But if the building's too 254 00:21:33,760 --> 00:21:40,000 big, it just becomes very, very difficult. Well, just because people are now going to look at 255 00:21:40,000 --> 00:21:46,640 going to go, oh, stately, that's a big, it's over 100 units, 20 or supportive, that's harder 256 00:21:46,640 --> 00:21:51,700 for us to sell now, like in it. And we want to be able to sell it. And I just, how do we 257 00:21:51,700 --> 00:21:57,140 avoid that problem there? I mean, do we meet with the developer now and say, listen, this is, 258 00:21:57,140 --> 00:22:00,180 we have experience with this now, and this is the problem we face. 259 00:22:00,980 --> 00:22:06,620 Yeah, I mean, I would say definitely like that kind of communication in that learning lessons that, 260 00:22:06,620 --> 00:22:13,740 and start house are going through now would be beneficial to any new large project like that. 261 00:22:14,080 --> 00:22:19,600 I think, and I think communication as the project is operating too is K. 262 00:22:20,580 --> 00:22:29,200 So I think moving forward for a steering and our house having a better collaboration between the private 263 00:22:29,960 --> 00:22:33,700 property management company and then offer profit that's operating the 264 00:22:33,700 --> 00:22:39,320 support of housing units will be key. So as much upfront that can be done to 265 00:22:39,320 --> 00:22:40,660 make sure our agreements are in.