lowing good afternoon at this time the meeting of the housing human services and transportation committee come to order it's one thirty five p m on thursday july second tw before we begin may i please request that we all turned off or silence our cell phones or other noisemaking devices members thank you for being here i am the and at this time i'd like to introduce our committee voting members member bob carroll thank you member don coach member don  the aisle our committee vice chair member no problem thank you and with us this afternoon also our i'd like to introduce our non voting committee members and thank you for being here on so a woman in the cochran thank you  might wait for her thank you at this time from in the gallery we have our deputy director of housing and human concerns jen sheet and with legislative analysts members we have several items on the agenda today so we'll start with public testimony i guess i'll start this afternoon with our  thank you just just so make mention testimony will be limited to the items listed on the agenda today and president two rules of the council each test the fire will be allowed to testify for up to three minutes per in public testimony thank you i'd like to start with the agenda item at the sign with us today we have our managing director from the administration keith reagan will be doing a presentation on the lanai affordable housing project with afternoon chair members thank you for the opportunity to be here to give you an update on where we are with the formal housing project we did pass so a presentation and if you have that in front of you we can go ahead and kind of go through this really rather quickly and then answer any question that you may have with regards to this project the project itself was you know we were asked the department of management was asked by the department of housing and human concerns director to assist them with moving this project forward and addressing some of the concerns and issues that existed with this particular project back in september of two thousand and fourteen and  when we did get that project back in september we test our c i p coordinator and her staff to look into the project and understand the project a little bit better get into the details and try to map out a plan on how we can move forward with bringing this project to to fruition to reality so that we can get some affordable housing constructed and provide it to the people of and so as part of that we  we embarked on this process of building our understanding and knowledge about the project itself and you can see on slide number two this is kind of a depiction of a map of the particular project there were talking about and it is right along i think it's fifth street and if you go down to fifth street you'll come to a kind of like a dead end if you look out towards towards the ocean you'll see just fields empty i guess fellow former pineapple land that is in fact our project it's a little bit further down right from that dead end but seventy three acres of land have been set aside specifically for the affordable housing component of this project forty two acres were carved out and provided for future expansion of department of education  school system so we do have two pieces that are there and one is specifically being utilized for will be utilized eventually for affordable housing and the other for school  the next slide slide number three is a depiction of the conceptual master plan that we received from the department and you can see that this particular project proposed four hundred twelve residential units that was broken out into five different phases cost of providing the infrastructure for all five of those phases was estimated to be approximately thirty three million dollars and that's infrastructure only so we're talking about you know roads we're talking about sewer lines water drainage things like that but the estimate at that time by the consult was thirty three billion dollars and i was back in two thousand and ten in today's dollars if you use a conservative two and a half percent annual escalation we're looking at probably somewhere in the range of about forty million dollars in terms of infrastructure for the entire project and these are just projections i mean we have we haven't gone out to bid we have nothing very specific on it except for the estimates are being provided to us by the consultants that did the master plan and our our in house staff the project itself  includes two hundred thirty nine single family lots which are out about five thousand square feet you can see them there in yellow so everything in yellow on your slide is two hundred thirty nine single family lots orange area depicts one hundred seventy three multi family units there is also about almost five acres public was a public which is shown in blue and then there's also retention basin and parking lots which are also called out on that conceptual master plan the if you look at the phasing which is in the next slide slide number four you can see what was being proposed by  by the consultant phase one two and so on and so forth and you'll notice that phase one is somewhat kind of in the middle of the project rather than being kind of on the on the side or up front and that actually was one of our big concerns as we're looking at this particular project after we got it was just to build the first phase of this is going to cost us about thirteen and a half million dollars for the infrastructure alone is there some way that we can  rearrange or change the phasing so that we can possibly look at reducing that number and so you know it we did put a lot of time and effort into looking at that and considering that but if you look on the next slide slide number five it kind of shows you what they were proposing in that first phase forty one there's actually forty one single family lots that would have been in that original master plans first  phase with one a little over one acre multifamily lot and the five acre public was a public in a parking lot and at the detention base and so not too much housing really being provided at that point but a lot of cost thirteen and a half million dollars back in two thousand and ten going on to the next slide slide number six just kind of restates what i've just stated  is that the the big challenge with the first phase is in fact the cost of the infrastructure thirteen and a half million dollars for forty one units is a lot of money and we really wanted to delve into it a little bit more and kind of figure out what it is we could do to reduce that because that number that thirteen and a half million dollars is actually a two thousand and ten number and if you apply that two and a half percent as escalation estimate you're looking actually at somewhere around sixteen point four million dollars if we were to begin construction sometime in about two thousand and eighteen and we targeting two thousand and eighteen because it's going to take us time to go through the process of planning and design for the infrastructure and so we're estimating that we would be in construction somewhere around there and these include things and you can see i'm not going to read through every single one of them but you can see what's entailed in the infrastructure it's part of that slide or the work pavement water main sewer etc etc and that does not include that number does not include the construction of housing i just want to be very clear that the thirteen point five million dollar estimate that was provided back in two thousand and ten was not for housing that was only infrastructure those being provided so again a lot of cost involved in doing that as part of when we did get this assignment back in september we started thinking about what how are we going to how we're going to tackle this you know we need to really get a good understanding of what's needed in the community and so we decided to go over to we held a meeting over there we were invited by the lions for sensible growth to come over for a community meeting this is in january late january two thousand and fifteen that we held a meeting on the twenty second and the twenty third of january where we met with members of the community to kind of get a better understanding of where are they what what are they looking for and what are the what are the needs and are they interested or would they be willing to allow us to  rephrase this project would they be would that be acceptable to them and they it was actually pretty positive meeting that we had those two meetings that we had with the community what we did find and it kind of validated what the a c m study  told us which was done in two thousand and eight by the partner of housing human concerns was that the residents really would prefer prefer to have three bedroom two bath units home units single family home units  rather than multi family housing so this is what came out of that meeting as well but the big challenge that we have and i think you know all of you attended the conference and heard some really great speakers talk about you know the challenge of making sure that we deliver the right mix of affordable units is in fact that is the challenge is making sure that whatever it is we decide to do going forward is going to be the right mix going to meet the needs and the affordability the financial affordability of the community there and so one of the options that we have been exploring more recently is rentals multifamily rentals and that's because of a number of meetings that occurred subsequent to our meetings in january in fact we my understanding is that a lot of the i held and sponsored housing fairs  i back in march i think was march eleventh on march twenty fifth in two thousand and fifteen to really get a good feel for what can be afforded by the community will they be able to afford the single family units or should we be looking at some other option and what came out of that was basically that we should be looking at rentals providing rentals there first before we get down to looking at homes single family homes for sale and so that's kind of where we are at this point you know is we're looking at in this rephrasing of the project instead of doing single family homes and selling those lots with houses on it is to really look at producing affordable rentals that are going to be able to meet the needs of the people in that community so our recommendation to the housing director was to reduce the infrastructure costs by moving the  moving phase one east to the east boundary of the project in other words moving it closer to the lands which abut this particular property because it would mean that the  distance that we would have to go for the infrastructure is much less right we don't have to put in more piping you know we don't have to put in the reuse water force maine etc etc and you can see that information's actually on slide number nine and this was the alternative that we looked at was and thanks to wendy and alan marotta from our office you know how can we reduce that infrastructure costs how can we go from thirteen and a half million plus to something more reasonable and we were able to buy re phasing this get an estimate down to somewhere around seven million dollars for infrastructure which is a lot and it is just an estimate please understand that seven hundred dollars is you know we did not go out and you know solicit bids or anything like that all we did was use our expertise internally based on years of experience our stuff  has being engineers and they were able to estimate that that particular cost for infrastructure so at this point you know here we are today looking at what do we do we do next with this particular property how do we go about moving forward with this and delivering affordable what we would like to see affordable rentals in that community and i think we need to look at things like what is the appropriate mix and we're not the experts let me just be very clear the department of management was brought in to help with the department need for infrastructure expertise right on this particular project so really i think we're going to have to lean on the housing department the department of housing and human concerns and specifically the housing division to really finalize what that mix of housing product needs to be and then we need to at determining what those funding sources are going to be for this particular project was really wonderful that i had the opportunity at the conference because one of the things that came out was this concept of using tax credits the nine percent and the four percent tax credits right to leverage those and be able to get more bang for your buck basically for these types of projects and i had an opportunity to sit down with the h h s d c chair mr hirai and  talk to him about how can the county take advantage of that how can we get involved in that because co i did a really amazing job you know being able to roll out incredible projects that really delivered affordable housing where it was needed you know and how can  we get involved in that because up until that point in time you know we really had no idea how we could use those tax credits but that's something that we need to explore and that i think is something that's going to help us make this project even more affordable  and more realistic and then if the if phase one is relocated what we found out was that we're going to have to come back and go through the two a what we're going to amend the two a one h for this particular project simply because it's going to change the yeah because it's changing the location the phasing is changing of the occasion we were told that it's going to require that we need to delve into that a little bit deeper to make sure but  we'll be prepared for that if we need to come back and then issue the request for our p for the development of the phase one project for the infrastructure so that's all they have at this point chair with regards to this particular management or housing the human concerns for nonperformance years to hear that we may need another two and each consideration this is what the hell's going on that's not what council approved so why do we need to go to these damn thing again is that authority and probably you know work with everyone else to look at the project as a whole making that determination do we have a direct as of today and believe we have the deputy director have you know this thing about freezing to affordable rentals if that's what the company wants i'm sure that's what they want the county is not obligated to build employee housing for the landowner this has been historic the bill for their own direct employees they choose not to i mean what the hell is our damn situation today their inability to fulfill what they say to the community part of the pressure today that the county is being face on is  allowed by health department issues from our own employees that their rent is being and asked to go up to three hundred percent is a knowledge of the county is things we could have avoided by moving our project for a hell of a lot sooner or forcing the land owner to comply with zoning conditions but bypass road around this current proposed project is supposed to be done by the land owner so i agree i think that the county did a good job of trying to reduce overhead costs on things we shouldn't be pain as part of compliance of land  does help us find a way to get it built and will get the job done working with you well that's my thing madam chair we shall take care of the needs of the community that the company is not responsible for reagan or mister the tool one age that was granted was it for the whole property or was it for just phase one i believe it was a plan for the entire how just because it's different phases i don't see how that different from the two an age as long as you as long as you're doing what you're set it different orders shouldn't be a big deal was that i don't think th changes as simple as just switching the phases i believe it's a little more complex and that they me change the phases and change the type of units within the phases the overall again as the magic director mentioned we are going to look at it further but if you do change the number of like multifamily units first is family homes and maybe even the location of those i depends on what the director says of course but maybe a substantial change and we would in an abundance of caution consider it at the very least consider coming back to council for approval prior to doing it thank you madam chair i'm not one to  like red tape in fact i try to cut it as wherever i can and i think this you know not having read the whole two a one age thing but i mean the whole idea is we want to fordable housing on the seventy three acres the mix yeah maybe we can tweak that a little bit but to go through the whole tool and each process that that seems to be a little bit of and i understand the abundance of caution and what not i don't know maybe we can do a resolution here to say let's take a look at the two an age boom get it done in a meeting and say fine we're good commission you chair again we will look at it more carefully but we'll work with the council of course to try and get this done is soon as possible but we want to do it the right way for changing up the plans from what was originally pastored the toll on each application years ago thank you thank you mr wait think of that question i have is that the plan shown in phase one  not the alternate phase one but the one that shown are those plans consistent with what was presented in the original two a one age or would they require a new to a one h as well are which kind of lays out the two of the phasing but what you're talking about yeah i guess i'm assuming that whatever you do and in either slide four or slide five would have to be consistent with t yeah and that's i think the challenge that mr wilco is talking about is they're going to do a little bit deeper analysis on that to see if that's a trigger that i'm sure maybe the department can tell us whether the housing department should say can tell us whether the phase one as a outlined is consistent with one age or not because it may be that in either case it may be triggered but i kind of what not have we even talked to because we're going to run infrastructure right by their property and they're going to want to you know attached to it for water and sewer probably looks like i mean it looks like that are they  and saying oh well then let the county build the infrastructure and then then will attach to it or are they attaching to it to me it looks like that there would be if there's going to be sewer lines or whatever it's pretty much right up against their property or am i reading the map wrong history no you're actually reading the map correctly it does but it does abut our property we did have some conversations with the department with d h h l they're not ready to do anything with regards to their particular project at this time in fact they still have empty lots in their existing project which is which is which abuts this particular empty lot so i think there was what three or four many eight eight empty lots in their current project their existing sixteen sixteen empty lots ok significantly more so in our conversations with the h l i mean they basically said we're not ready to do anything with this particular piece of land hopefully we can charge them when they want to go to our stuff i mean i can just see them sitting there waiting for us let them put it in and then we all right thank you thank you chair thank you is the way thank you in slide nine the the yellow area  noted as alternative phase one what was proposed in the original two a one h application for that area single family all single all single family have to actually go back through the in time never maybe was implied but i don't believe we have to go back to the whole entire twenty process we just need to come back to council for an approval for a substantial deviation so sorry if i should have cleared that up earlier but that would have been very helpful and i got all of them excited you got three of us cranked up at least  mister any more questions or comments yes miss katherine is think it's fair i didn't want to bypass of voting member of course did everyone get a chance ok thank you very much and so my question the and i know  directory given that you folks are trying to cut down the infrastructure costs and i understand that so the infrastructure would the build out of this initial phase will be for the entire  project is just like this you just want to lay all the you know groundwork of infrastructure for the entire build out of this plan or is this just the one fees of it or is that what you're talking yes so what you see in let's say slide nine we're talking about are estimated cost for infrastructure being around seven million dollars that is only for phase one that's the infrastructure for phase one so the extension of fifth street as well as all the you know sewer water drainage it's a chair for me yes yes so this that would have nothing to do with this particular use force me we would only have to relocate that once we moved into the future phases from what i  understand and it would not that is actually does not impact or is not part of this particular project you know the relocation of the ok but i guess that's one of your points as to why it's cheaper yes because it would  had if we had stuck with the original phasing we would have to move that force main because it's location right it's on top of that force means would have to relocate deal determining probate mix of housing i mean have you done that yet is that is that for that just that one phase or for the whole project for phase one for phase one ok so if we were on the twenty third of july which is the next meeting for this committee i think  we were to have a resume saying let's look at the nation pass it and we're past that out then when could you start this we start to august i mean you know i'm being a little facetious but can we yeah i just i think that if we get that if we get the issue resolved that's you know one hurdle that we need to you know get over and i think that funding is going to be another hurdle that we're going to have to get over in terms of getting  support and i'm very pleased to hear that budget and finance chair okama is committed to helping us with that and the housing division of the department housing human concern is going to have to you know work out that mix what that looks like again i think i stated earlier we're not the experts on that we but our job really is to help them with the infrastructure to get that done that get that construction component done once they once the experts look at it and say based on our analysis this is what needs to be constructed in this place then we can start on the development of the r f p right for design and construction but we need we need observant and you can sense thrust ration of certainly the member from you but are all our own the whole committee is like we're ready for this to go they've been waiting for a long time sure thank you so slight night is this an elimination of additional costs or this is just pushing this cost to another phase yeah thank you it  is pushing it to the next the next face to a future face that's correct yes so we're not eliminating the need to invest in infrastructure we just doing a different phase enough timing to construct the required infrastructure right that is correct and i think maybe the wording it's just to clarify it we were talking about eliminating it from the first face you know by moving the first phase to this location as compared to where the first phase in the previous location eliminates that from that initial face but you're right it does we are still going to be required to invest in that and that move down the road is just so we choose to finance and construct yes  forward to regarding hospice type of facilities and services there is i can tell you happily a hospice for being a shock did on the island not in our project site but that was the type of seat for an intriguing dramatic shift to a rental because to me there's only one beneficiary of rentals and it's the company that necessary that resident because i'm talking about the resident that doesn't work for the company they want their roots solid in the ground you understand it i understand the members of this comedian your stand about roots in their community and their importance of having that opportunity so for me i don't mind having some rental company it's not my thing is i still believe my community once per minute fee simple housing for the families to own and i would continue to fight for that for their that they reached a fifty acre donation something that for me to colony the old landowner reached into agreement at least twenty five years ago and mystery use the one million we've already appropriated get your consultants to get into the construction drawings freezing so we know more accurately the additional financial resources that will take and i'm looking at the balances of the because i felt the same way no offense to you mr reagan i was not happy and going back to the department of education when i was on the board of education sixteen years ago this was all but done deal and the county gave us the land you know we're willing to give us the land for the school and all that and all part of it was we were going to share in the cost of the expansion and the infrastructure i don't know where that has gone but i have no and if you want to go back back in  notes so i think you should look at that also not on what the company owes us what the department of education committed to us ok that's another very important component in all of this and the other thing is i agree with my colleagues i see no reason to start over i disagree still and not much that many times i disagree mr wilkie but i don't think this is substantial changes i think this is changes for the for the needs of the community you know and i agreed mr okama finding that rental is a part of it but that community is very unique i don't see the real big tremendous need of only rentals i think i see a need of somebody being able to own dish then we should take the ball and run with it we need to get it done and that's not wait you know i got eighteen months i'm counting down i want to see this at least before these eighteen months short timer is on the council are beginning to think in terms of how many months every day i remind myself that i have maybe eighteen months to do whatever it is that i would like to get done and this is one of those projects of course that's been here all the time i've been here and before i ever got here but i understand you know there's been a lot of difficulties it seems like every time we try to do a housing project it's just so so difficult but it sounds like you know we're certain definitely have a good report of where we are and i think the tax tasks that have to be done are clearly outlined and i think if we all work together maybe we can move this we definitely are going to s financing thank you i think we need to take that into folk incineration us for me i can appreciate that those that are in need of homes are definitely what we call our  whatever sort of resolution we can come forth to move this further i will not be requesting any kind of legislative action so of then there are no further comments or as mr reagan any more comments as they are coming down the committee is in receipt of county communication thirteen dash three for three from the director of housing and human concerns transmitting a copy of the first annual compliance report for the affordable housing project so at this time i'd like to allow the department to provide comments on the report good afternoon committee chair thank you good afternoon members department of housing and human concerns deputy director at this time i'd like to have who is the assistant administrator for our housing division speak on management on this project i know that director adele did submit the previous a new report and i was not involved with regards to the handling of anything with regard to the project but i think there must have been possibly some type of miscommunication on former director at all as part on who would be handling that report based on what quarter was in at that time so our apologies we can take a look this was just brought to my attention earlier this week and again i had no background or had not previously worked on this particular project in my capacity of my position but we can you know go back and research and find out what happened and follow the that was done previously and give you an update thank you thank you you know we do have the report from the dated october seventh two thousand and thirteen i guess you're referencing a lack of  report for twenty fourteen and i i can understand the confusion because i as committee had i too was confused as who is really coordinating this project  thinking it was coming from coming from the management director's office and as far as housing but we do know that the report should have been constitute it from the department of housing and human concerns that's part of the requirement to be in compliance members open up the floor i apologize on behalf of the department and the committee that at this time we do that will serve letter it has that been taking care of medical leave for almost two months and we're not sure if and when he will return to do the staffing issues that we have it's i'm not sure what our capacity is to to be a developer in the housing division but we will be more than willing to do what we can to try and push this forward it's just we're very limited with regards to even expertise and overall development without those two driving forces behind us as you all know joanne was really the the main you know again driving force with the guard she had the knowledge the expertise we worked off of her she was very vital and replacing her is going to be critical in being able to to do this and  right we gave you enough money to do consulting contracts you can hire her yeah yeah i don't know what the went on that is for us to hire about but i'd be more than willing to i have are on speed dial for sure for would definitely look into all of those things just a whole comma thank you thank you and again you know to michoud i know you had to go the directorship for now so  i don't think money is the issue i think we gave sufficient resources that you can go for contract contractual service at a beach party in fact i wish you would because i don't want to wait for internal i mean right on the express and they did it by putting out r f p's to developers that i'm here i don't know whether they did design build projects but that's my recollection and if it's a design build project and i believe that it can be put out in an hour of peace such that we get several you know several different designs or several different proposals so i don't i don't want conference with respect to the tax credits and and the wide variety wide variety of ways to get projects funded so i look forward to hearing more from the department and from other management thank you thank you any more comments our questions if not i would just like to request from the department as world's slash managing department to prepare what is requested for us to be in compliance with this project to submit our annual report you know because that can be a hindrance we never know as well as i think for us as a department committee and staff we perhaps can start the conversation in collaboration of extending to the resource people that we can help  since there are no further questions or comments on this item again i'd like to defer if we have no objection thank you members we are committee is in receipt relating to the affordable housing fun stuff as provide it for you a copy of chapter three point three five molly county code for your reference at this time i'd like to allow the department of housing and human concerns to provide comments on the fun as well as i see our budget director here who probably will be popping up with the commons affordable housing fund as you know was developed recently to be able to assist not only the county but also other private in these in funding affordable housing units for development in our community is something that we utilize on a regular basis previously discussed will be utilizing this affordable housing fund for at least part of construction designed those kind of things and maybe hopefully we can get other monies to but the this fund itself is invaluable to our community in being able to actually produce affordable housing because it is i think some of you who are on the council when this was developed remember there was the workforce housing ordinance was was in acted which puts requirements on developers to build affordable housing units or to provide monies for fire balls and units as part of their development requirements the affordable housing fund takes in monies that were part of those requirements as well as two percent of the taxes each year that was as as required by charter and there was a recent charter member to extend that because it is definitely a useful funding source  as a member related earlier we have a little for five million dollars being transferred into the fund for fiscal year two thousand and sixteen so that money will become available we as a mr ation we appreciate this fund this is one that we think that should continue in again we appreciate the budget committees referral to the different committees on all of the different funds and this is one that we definitely think that we should continue using so thank of units that were provided or propose resistance thank you most will come for that question to my knowledge yes the only one that is currently not completed is the habitat for humanity harbor lites project out of the eight units that were purchased through the fun in fiscal year twelve they ran into some problems with they were all bought out of foreclosure and three of the units had tax clearance issues that delayed title transfer so those have not been sold jet they are being rented to the individuals the families that will buy them but they have not closed escrow yet aside from that i believe everything is either at least up or sold one hundred percent that fourteen units  redid the flood zone and there were some delays with the sails are two hundred thousand was used primarily for funding the septic tank systems for for the unit so once i was completed they were able to close and  that finally you know we can actually see where the money is being utilized and thank you very much department acting year and thank you madam chair for bringing this forward thank you department also with this we have which we've disseminated to you chapter three point three five from the county code affordable housing fun fifteen annual operating budgets etc it should we need to change that to twenty twenty one it's the will of the council of course but i am in section it talks about sort of all living environments for residents of very low to gap income i believe recently in two point one six we didn't use the gap income so i'm not sure if this is three point three five but for just for consistency of years wanted to go of the it's very law to above moderate was the cut off instead of going all the way up to gap and i am also chair  proposal i noticed lately been spin some issue with the way things have been transmitted in the authority of the of the council to make its own proposals in had certain things in or delete certain things out of our lists or if we're going to be looking at three point three five perhaps the committee may wanna get some additional authority for the council thank you thank you so you'll be assigned with us and staff to start working on these changes mister and then we'll bring it forward to the committee for further discussion and what have you a list members you have anything  before you that you wish to address further to review these and see where it may be possible to assist us in processing things a little bit make it a little bit clearer about when for the housing plan is required in when it's not then and different things like that so i we might want to consider being a little bit more clear in from the fun what the fun could actually consider for public infrastructure as it relates to the housing program  you mr calm i believe in the past projects the county has actually done themselves using this fund it's been pretty broad infrastructure wise as as far as grants to private  i'm not i'm not one hundred percent confident that we've ever make gone we've ever limited it if it's related to the construction of the affordable housing project we've i think we've  really when you say we the department has tried really hard to cooperate with the grantee and help them through with their process but i just want us to be able to be fair and consistent yeah to me it's a great you just start also it's part of a plan saw all these things do come in front of you folks for you know placement into the budget somehow saw in the past all the projects have been thoroughly vetted between the department and the council it just being upset because part of our earlier discussion when there was that infrastructure cost before you came through the whole summer a and that's why i bring up this point you know should we make it clear on what is allowable within the infrastructure from the fire or are in that and again i don't expect the answer to the chair but i wanted to bring forward that i think it's part of a healthy discussion for us thank you and i'm thank you and yeah i appreciate the list here and i'm looking now for the annual report in the ordinance of what the report points should be made in the report and one of the point is any amount that was leveraged are matched so if you have any of these projects were we able to do that because i don't think it you have a category that lists that as  leveraged the county resources with additional monies that's the advantage of working with another organization is that they generally they call them a whole who will have sometimes ten different funding sources in the q any further comments or questions in regard to decide that being said members no objections i'd like to differ  listed as special purpose revenues schedule of revolving special funds for fiscal year twenty sixteen and it's noted in the first item a housing interim comments on this but yes might about the excuse me the housing interim finance financing and buyback revolving fund is something that the affordable housing unit one owner want to sell it prior to the end of the buyback period we have recently utilized this fun for a few units in key hay as well as one or two units in the  gardens community and it's something that we do utilize this fund also has the ability to borrow money from the general fund  should there not be enough funds but your provisions allow that we have not utilize that that but it is a had those have the possibility of doing it this fund also contains a deposit of monies that we may have recollect discussion on that was no action was taken but the monies that were deposited to us and the idea could be you know that this is rolled into the affordable housing fund because the affordable housing fund does basically consist of funds that that this benefit i'm sure you know our deputy director finances here department of finance to have less funds to manage and maybe some just you know a little bit of confusion about what fund does what we m three five you couldn't make sure that the items included in three point three two are then included in revisions to three point three five as well so that it is consistent and we can have one   and we know that that area is now going on to be what i call erratic will change from the hotels that the hotel that is there to i think now they're looking like a timeshare condominium condominium that works sometimes just don't come out small d n l making condominiums out of that area that being said and i think restore calm of brought that up this was designed for that area if i'm correct mr okama it was designed for those people working in that project project district right and so now with that being said will there be an opportunity because it's morphing into something that it was never intended to be when it was first put there it was for workers that were going to work at the hotel and now we're looking at a whole different and i'm not sure how isn't it's workers but not the whole don't know we're talking timeshare and condominium i don't know i'm just asking what the intent was and what we're morphing into the whole project area or that area now too what opportunities would we have to use this money if that was and it's earmarked for that it was specified for that particular areas workers so that's my question  original development if they go and try to redevelop in change that development the they would have to miss through who can confirm but they would have to meet the requirements of today so if they are converting or adding units or whatever they're doing they would have to be fulfilling the requirements of today not necessarily you know that they've because they already fulfill the requirements from the previous development so if it's a new development even though it's the same spot housing type things i just can say that two point one six does take into account in all projects that are already paid there or had an agreement it's looked at you know on a case by case basis for each one and see what prior agreements had said for this one in particular i believe they're lowering the intensity of use and they're not creating you know it's it was one of those i believe they weren't required to do any additional two point one six requirements for what this price will what i'm assuming this project was back in one thousand nine hundred three and assuming it's the same project that's been changed or is fun with that and you know the colony show use its best efforts to have the funds and ministered by the housing division of department of housing department human concerns in connection with the construction of housing suitable for employees in the central mali area so i believe if we use this money we have to use it for something consistent with that purpose no matter what a cult we put in thank you i just you know i just want clarification because i think the original intent when we were looking at purchasing certain property had that that intent but it had other challenges and i think the question came up the employees directly i think that was one of the main sticking points is that it would have to go to employees and you know i gained as this project changes what are the employees and who are the employees and if they're all working at that particular project like you mentioned then you know i can be ok with that i suspect the other thing that i'm is sitting money sitting there for many many years to be used and not being used something can be very frustrating especially when you're looking at all these other projects that need money and that we keep you know it's putting money from other areas into those projects and this one sits there and cannot be utilized but they made by our forefathers and so we want to honor their wishes and their in pencil with that being said i can i can wait but i would hope that something in the not too distant future can be brought up maybe we need to put in considered some revision in the ordinance you know once you have one party fulfilling their requirements by agreement for certain that considerations then i think the county should be held on its own of some kind of schedule to perform its half of the bargain there the county needs to perform on a timely basis to ensure that we fulfill our obligations also because it's not right now twenty years later with an amount that has almost tripled and we still have no houses for those employees they were supposed to be beneficiaries and it's more it's more difficult i greet them to be doesn't really exist no more find a way of folding our departments help them achieve compliance spend it or find a way through legislation how we can legally satisfy the donation that would be the honorable thing to do and again for those of us i remember the seventies there was you know except for football resort housing requirements in the cold there was no such thing as employee i'm open to maintaining this fund provided that we look at an update to authorize projects that can qualify some projects don't necessary says i can see as more female on my private housing project line i affordable housing project very simply which may be more appropriate but i think we have opportunity you have opportunities under discriminate each year to help our residents and at this point in time i would ask you to consider keeping this is one fun the only thing i would say that we might want to consider changing that we do with most revolving funds is that we give it the automatic appropriation approval before we even know where the money going you know we depend on that ministration to the purpose section this way we authorize before you receive the money i'm not to sure i'm still want to give that authority to auto departments i don't mind having a revolving fund like we've had problems with other funds in the past where they took it is grants loans i think final decision from these funds should be couns would be a situation where in kind of see that and we've done that already where if we have affordable home they've got a ten year buyback or a twenty five year buyback and somebody wants to sell it before then or foreclose and we can say will buy it you know we had an issue with limit it was really low and it didn't make sense before it came to council therefore if we don't set the limit correctly we don't have the count and the department doesn't have a chance to buy back the home before it goes into i think there's a like a ninety day the county has ninety days to buy back home or something like that is that right is that this that's what this fund is because it looks like you did a couple and like to think you chair  this this was just the pot of money we used to buy the authority to buy back was in the i guess the residential workforce housing agreement we had with the developer sure and typically he sits for the time periods and everything that we have to buy back the issue was like you mentioned i think it's one hundred thousand dollars anything over one hundred thousand we need council approval council approval takes time and the other on the back end though we discovered the whole thing was as we started buying back the units we discovered a lot of problems with the process so yelp run it was hard timing wise to get the money to find the money then to get counsel proof for the money then to actually go through the closing process with you know title company and everything and then on the back end we found it was very difficult beast on the requirements to dispose of cannae real property to sell a house it's not that simple for us for the colony to do it itself what we ended up doing with the colonies author of the council's authorization was giving the homes to the community land trust however when we didn't know when we donated them it's only revolve it was a bunch of things we needed help to look at in just everything's been busy but we know where the issues and we are looking into it with them thank you so we can expect some legislation from you guys to again you guys are keep volunteering so what the heck we can to make it work for you and for the council and mr thank you the department will work with committee staff you would be subject to the terms oddly enough i believe the terms are very similar in the ones we've been doing recently about sure when those ones you're talking about happen but to this day that's kind of similar to counties insurer for debility yeah that was the say when his version of keeping it affordable mister i believe the ones i'm most familiar with and i'm not that familiar with them by the way couple gardens those provisions are i believe twenty where can i believe ten years county had the first option and now we put in that if we don't buy it then it the developer has an opportunity to buy it to try and resell it for affordable and i think if they sell it on the open market i believe it's you know if we turn down it goes on clean thank  development loan fun the committee is in receipt of a miscellaneous communication data from a twenty eight twenty fifteen from the county clerk referring the matter relating to the rental housing development  loan fund members this item was referred to this committee to review and evaluate the fun and the need to maintain such a fun you have provided for you a copy of chapter three point three forks county code for your reference and at this time i'd like to allow the department to provide comments on the fun as well we have here mr walker friended department of the fifty thousand dollars in it it's had approximately fifty thousand dollars in it for a very very very long period of time i forget when during budget we looked at the last transactions and for my recollection it was decades ago  i'm not even sure if there's any existing agreements that this money would be qualified for in any future agreements if we do have this requirement from a grant that we provide or a lo chair i thought this one was the one if we have a rental project and we're starting to come up with some rental projects and the rent is you know thirteen hundred dollars a month for all the apartments and the cost is actually only about twelve hundred or whatever and we have excess money and that's supposed to go into this fund so that the next set of rental housing that we want to build can use this is that what this fund is for  well i mean say it cost one hundred thousand to to rent it to run this project and we the rents come in at one hundred twenty thousand or something like that you don't want to i thought that that was the whole idea for this  say one keeping it in the code doesn't have an automatic review a sunset they did like all scenes in the charter does so that's one thing we should take into account before a final decision because the voters may choose you know the next amendment to review that they don't want to continue to fund affordable housing they want to put it for sale units you know we're going to need to get into that discussion to chair so i would see today is not the guess but i would like us to look at various ways of approaching a rental development yes and if this is still one viable financing to it i would ask that we consider keeping it i think we need to figure out and maybe we can bring into the  gardens are rent to facilities owned by the county but maintained by how does the rent or revenue get the posit it into this account or is whoever manages the facility do we get paid or we just see where the are with b go ahead and manage these facilities and it's it's yours for the of what have you management agreement with some company and probably the excess because we're using all the affordable housing fund if there was any excess imagine we would probably put it back there but again it's a council determination we could put it in here because it is rental housing if there assuming there's an excess thank you thank you members and some one of us on a russian and all lose forum but any more questions or comments  again no legislative action so if there is no objections i'd like to do for the matter thank you members we have competed today's agenda i'd like to think the representatives from the administration for these enjoy your weekend and have a safe