>> [MUSIC] GOOD MORNING. TIME IS 9:04.
[Housing and Homelessness Solutions on April 24, 2023.]
[00:00:09]
IT'S APRIL 24TH AND CALL THE HOUSING AND HOMELESS SOLUTIONS COMMITTEE MEETING TO ORDER. GOOD MORNING, EVERYONE.[BACKGROUND] [LAUGHTER]. THIS MORNING WE'LL START WITH THE APPROVAL OF OUR MINUTES.
>> MOVED AND SECOND. ALL IN FAVOR SAY AYE.
>> ANY OPPOSE? MOTION CARRIES.
WE HAVE TWO BRIEFING ITEMS THIS MORNING.
>> GOOD MORNING, CHAIRMAN MORENO AND COMMITTEE MEMBERS.
I'M CYNTHIA ALEXSON, ASSISTANT DIRECTOR IN THE DEPARTMENT OF HOUSING AND NEIGHBORHOOD REVITALIZATION.
I'D LIKE TO TAKE A MOMENT TO INTRODUCE OUR PANEL.
HE IS OUR AREA REDEVELOPMENT MANAGER OVER HOME REPAIR PROGRAMS. WE HAVE DARWIN WADE, WHO IS OUR DEVELOPMENT MANAGER AND HE WILL SOON BE OUR INTERIM ASSISTANT DIRECTOR WITH KYLE'S DEPARTURE.
WE THEN HAVE TAMMY SOUTH HALL, WHO IS OUR PROGRAM MANAGER OVER HOMEBUYER ASSISTANCE, AND THEN WE HAVE AQWANA LONG WHO IS OUR COMPLIANCE MANAGER.
WITH THAT, WE'LL BE PRESENTING THE STATE OF THE HOUSING DEPARTMENTS BRIEFING TO YOU THIS MORNING.
WE'LL BE PROVIDING SOME UPDATES ON OUR STAFFING AND FINANCIAL, AS WELL AS OUR PROGRAMS THEMSELVES INDIVIDUALLY.
WE'LL BE PRESENTING EACH OF OUR PROGRAMS AND THE STATUS OF THEM, AS WELL AS OUR ACCOMPLISHMENTS AND OUR CHALLENGES THAT WE'RE STILL FACING.
THIRTY TWO OF THE POSITIONS ARE FEDERALLY FUNDED, 21 ARE GENERAL FUNDED, FIVE OF THEM ARE PAID FOR BY THE CORPORATIONS AND ONE OF THEM IS PAID FOR BY MIXED INCOME HOUSING DEVELOPMENT BONUS.
WE HAVE CURRENTLY NINE VACANCIES.
WE HAVE FOUR EXECUTIVES IN THE DEPARTMENT, 13 MANAGERS, SEVEN INSPECTORS, FOUR ADMINISTRATIVE STAFF, AND 28 PROFESSIONAL POSITIONS.
MOST OF OUR STAFF ARE CROSS TRAINED ACROSS THE DIFFERENT PROGRAMS, AS WELL AS OUR FUNDING SOURCES.
WE ALSO HAVE SOME CHARGE OUTS, SO WHEN OUR STAFF ARE SITTING IN THE GRANTS, WHICH MOST OF OUR POSITIONS ARE GRANT-FUNDED, THEY CHARGE OUT TO THE DIFFERENT PROGRAMS. SOMETIMES THAT IS DIFFICULT TO MANAGE WHENEVER WE GET NEW INITIATIVES OR WE GET NEW FUNDING SOURCES AND WE DON'T RECEIVE OUR ADMIN MONEY WITH THAT BECAUSE SO MANY OF OUR STAFF ARE SITTING IN PARTICULAR GRANTS.
THEN WE HAVE NEW INITIATIVES AND THINGS LIKE THAT COME UP THAT CAUSE US TO HAVE TO SHIFT A LITTLE BIT AND WE HAVE TO FIGURE OUT HOW TO FUND THOSE WITH THE DIFFERENT GRANTS THAT WE HAVE CURRENTLY.
NEXT SLIDE, PLEASE. THIS IS OUR BUDGET.
WE HAVE A LITTLE OVER $32 MILLION IN PRIOR YEAR FUNDS, AND THEN I'VE LISTED THE HIGH LEVEL INFORMATION ON OUR GENERAL FUNDING SOURCES THAT WE RECEIVE ANNUALLY.
FOR OUR CDBG AND HOME, IT'S A LITTLE OVER $17 MILLION.
[BACKGROUND]. I'VE ALREADY GONE OVER THAT SLIDE.
WE'RE ON SLIDE 6. THERE WE GO.
THEN WE HAVE ABOUT 4.6 MILLION THAT WE RECEIVE IN GENERAL FUNDS.
THEN WE HAVE SOME MIHDB MONEY THAT WE STILL HAVE NOT ALLOCATED TO ANY PARTICULAR PROJECTS OR PROGRAMS YET, AS WELL AS SOME OF OUR OTHER FUNDS THAT WE'VE RECEIVED, PFC AND HFC.
WE HAVE ABOUT A LITTLE OVER 11 MILLION IN HFC FUNDS AND 1.6 IN PFC FUNDS.
IN OUR OTHER CATEGORY I PROVIDED YOU IN APPENDIX A THAT WILL LIST ALL OF THOSE FUNDING SOURCES, BUT THOSE ARE SOME UNUSUAL FUNDS THAT WE RECEIVED THIS YEAR.
WE RECEIVED CDBG-DR FUNDS AS WELL AS ARPA FUNDS, AND THEN WE HAD SOME REPROGRAMMING FUNDS COME UP AND SOME SPECIAL EQUITY FUNDS THAT WE RECEIVED THAT ARE GENERAL FUNDED.
THAT'S WHAT MAKES UP A LITTLE OVER $35 MILLION IN OTHER FUNDS.
SO TYPICALLY, OUR DEPARTMENT IS FUNDED
[00:05:02]
78 PERCENT BY FEDERAL DOLLARS AND OUR FEDERAL DOLLARS ARE GOING DOWN EVERY YEAR.THEY ARE DECREASING, WHICH MAKES IT A LITTLE DIFFICULT FOR US TO PUT OUT MORE UNITS WHENEVER WE'RE GETTING LESS FUNDS, AND IT'S IMPORTANT FOR US TO CONTINUE TO RECEIVE OTHER TYPES OF FUNDING SOURCES TO MANAGE OUR GOALS.
BUT AGAIN, AS I MENTIONED, WE'VE RECEIVED SOME SPECIAL FUNDS THIS YEAR, ARPA AND CDBG-DR, SO WE'LL BE ABLE TO DO SOME ADDITIONAL AFFORDABLE HOUSING.
THEN WE ALSO RECEIVED QUITE A BIT OF MONEY IN PFC AND HFC THAT WE'LL BE ABLE TO USE THAT HAVE NOT BEEN DESIGNATED FOR ANY PARTICULAR TYPES OF AFFORDABLE HOUSING, AND THEN WE'LL BE BRINGING THAT TO YOU LATER THIS YEAR TO TALK ABOUT.
THEN KEEPING IN MIND, AS I MENTIONED, OUR FEDERAL FUNDS ARE DECREASING EVERY YEAR, BUT OUR ADMINISTRATION IS STILL JUST AS CUMBERSOME AS IT ALWAYS IS, WHETHER WE GET SMALL AMOUNTS OF FEDERAL MONEY OR LARGE AMOUNTS OF FEDERAL MONEY.
OUR FIRST DIVISION THAT I WANT TO TALK ABOUT IS OUR ADMINISTRATION DIVISION.
WE HAVE FOUR ADMINISTRATION STAFF HEAD BY KAREN LIVINGSTON, WHO IS NOT ON THE PANEL TODAY.
THAT STAFF TAKES CARE OF THE DEPARTMENT, ALL DIVISIONS, ALL NEEDS FOR ADMINISTRATION.
THEY ALSO HANDLE OUR AGENDA ITEMS. THEY TAKE CARE OF OUR OPEN RECORD REQUESTS AND OUR 311 REQUEST AND THEY ALSO PULL US TOGETHER FOR ALL OF OUR TRAININGS AND COMMUNICATION.
ONE OF THE LARGEST CHALLENGES WE HAVE IN THAT DIVISION IS KEEPING OUR STAFF THERE.
THOSE POSITIONS ARE LOWER LEVEL POSITION SO THEY TEND TO PROMOTE OUT, AND THEN WE'RE CONSTANTLY RETRAINING FOLKS TO BE IN THOSE POSITIONS.
THEN WITH THAT, I'LL PASS IT OVER TO REECE COLLINS.
>> THANK YOU. REECE COLLINS, AREA REDEVELOPMENT MANAGER, HOME REPAIR AND PRESERVATION PROGRAMS. JUMPING RIGHT INTO IT, SO THE HOUSING DEPARTMENT CURRENTLY HAS EIGHT HOME REPAIR PROGRAMS THAT ARE UNDERWAY.
THIS IS OUR MAJOR REHAB AND RECONSTRUCTION, OUR MINOR AND SENIOR HOME REPAIR, LEAD BASED PAINT PROGRAM, DALLAS TOMORROW FUND, OUR TARGETED REPAIR PROGRAM, ARPA, AMERICAN RESCUE PLAN ACT, AS WELL AS OUR TITLE ASSISTANCE.
THE TITLE CLEARING AND CLOUDED TITLE PROGRAM WAS PILOTED AND CREATED IN SEPTEMBER OF 2019.
TWO APPLICANTS WHO ARE COMING INTO THE PROGRAM, THEY ARE KNOWN AS THE SAVIOR HOUSE PROGRAM.
THE FUNDS UTILIZED FOR THIS OR FOR CDBG, ARPA, GENERAL FUNDS, AND THEN LEAD BASED PAINT. NEXT SLIDE, PLEASE.
OUR PRODUCTION TO DATE HAS INCREASED STARTING FROM 11 HOME REPAIRS IN 2019-2020 TO 189 IN 2020-2021, 39 IN '21-'22, AND THEN 78 PROJECTS HAVE BEEN COMPLETED TO DATE, AS WELL WITH 75 PROJECTS THAT ARE CURRENTLY UNDER CONSTRUCTION WITH 85 PROJECTS THAT ARE IN THE PIPELINE.
ALL OF OUR PROGRAMS ARE MANAGED BY THE SAME TEAM THAT WAS OUTLINED PREVIOUSLY IN THE ORG CHART.
WE ARE CURRENTLY USING A COMMON PAPER APPLICATION IN ENGLISH AND SPANISH TO MINIMIZE CONFUSION WITH ALL THE APPLICANTS AND PEOPLE REACHING OUT FOR OUR PROGRAMS. THEN WE'RE ALSO UTILIZING A NEIGHBORLY SYSTEM.
NEIGHBORLY TRACKS APPLICANT PROCESS, DRAW REQUESTS AND LEAN TRACKING SO THAT WE CAN ALSO ENSURE THAT WE'RE HAVING PROMPT COMMUNICATION.
WE ARE FACING CONTRACTOR AND CONTRACTOR CAPACITY CHALLENGES.
THE TIME TO EXECUTE CONTRACTS IS A FACTOR, THE COST AND AVAILABILITY OF CONSTRUCTION MATERIAL, AND THEN THE OVERALL DEMAND ACROSS ALL PROGRAMS AND THE CURRENT MARKET.
WE ARE ALSO STILL SEEING TITLE ISSUES AMONG CITIZENS AND APPLICANTS AS THEY COME THROUGH THE PROGRAM, WHICH IS A FACTOR THAT WE CONTINUE TO PUT FOCUS ON. NEXT SLIDE, PLEASE.
ON THIS SLIDE IS JUST A BREAKDOWN OF THE NUMBERS THAT WE JUST RECENTLY SPOKE ABOUT, WHICH SHOWS YOU HOW WE GOT TO THOSE NUMBERS.
ONE POINT THAT I WILL REFERENCE IS INTO THE SENIOR HOME REPAIR PROGRAM.
THE SENIOR HOME REPAIR APPLICATIONS ENDED OR CLOSED IN MARCH, AND WE ARE CURRENTLY STILL INPUTTING THOSE APPLICATIONS INTO THE SYSTEM.
WE RECEIVE AN OVERWHELMING AMOUNT OF APPLICATIONS WHICH HAS CREATED THAT DELAY, WHICH IS OVER 500 THAT WE RECEIVE IN THAT SHORT AMOUNT OF TIME FRAME.
WITH EVERYTHING GOING WELL, WE SHOULD BE ABLE TO HAVE ALL THAT INFORMATION TOGETHER BY EARLY MAY.
NEXT SLIDE, PLEASE. TRANSITIONING OVER TO THE STRATEGY TEAM.
[00:10:04]
THE STRATEGY TEAM WAS CREATED IN 2019 TO DEVELOP AND AMEND POLICIES AND PROGRAMS, CHECK ACCOMPLISHMENTS, AND IMPROVE OPERATIONS, AS WELL AS OVERALL DATA ANALYSIS FOR THE DEPARTMENT.ONE OF THE KEY ACCOMPLISHMENTS HAS BEEN CONDUCTING RESEARCH AND RECOMMENDATIONS FOR THE DALLAS HOUSING POLICY 2033, THE HOUSING AND RESOURCE CATALOG, MIXED INCOME HOUSING DEVELOPMENT BONUS, FEE-IN-LIEU AMONGST MULTIPLE OTHERS THAT YOU SEE THERE.
ANOTHER KEY PIECE WAS THE STRATEGY TEAM REFINED PERFORMANCE MEASURES THAT WAS IN REFERENCE TO THE REPORTING TO YOU THE HOUSING AND HOMELESS SOLUTIONS COMMITTEE AND ALSO CREATED A NEW QUARTERLY REPORT.
NEXT SLIDE, PLEASE. HERE IS JUST AN OUTLINE OF A TIMELINE FOR THE DALLAS HOUSING POLICY 2033, WHICH SHOW YOU WHEN A POLICY WAS INITIALLY STARTED IN '18 AND THEN WHEN THE RACIAL EQUITY AUDIT TOOK PLACE, ALL THE WAY THROUGH THE LAST COUPLE OF WEEKS WHEN THE POLICY WAS ACTUALLY APPROVED.
ALSO OUTLINING THE KEY SEVEN PILLARS THAT WE'RE UTILIZING FOR THIS POLICY. NEXT SLIDE, PLEASE.
A KEY THING THAT WE CONTINUE TO FOCUS ON IS WHAT THEIR RACIAL AND ECONOMIC INCLUSION, WHICH IS INTEGRAL TO THE GROWTH OF HOUSING WITHIN OUR CITY.
THE CITY SEEKS TO CONTINUE TO REDUCE THESE DISPARITIES THAT DISPROPORTIONATELY IMPACT HISTORICALLY DISADVANTAGED COMMUNITIES AND THIS IS A KEY FOCUS THAT WE AS A DEPARTMENT ARE CONTINUING TO FOCUS ON.
THE LAST POINT HERE IS WITH THE RESOURCE CATALOG IS A CLEARINGHOUSE THAT HOLDS ALL THE HOUSING PROGRAMS, CORPORATIONS, AND COMPLIANCE, AS WELL AS THE FUNDING SOURCES. NEXT SLIDE, PLEASE.
>> DARWIN WAITE, EVERY REDEVELOPMENT MANAGER.
GOOD MORNING TO CHAIRMAN THOMAS AND TO THE COMMITTEE MEMBERS HERE TO TALK ABOUT THE DEVELOPMENT DIVISION.
AS MANY OF YOU KNOW, HISTORICALLY, THE DEPARTMENT HAS CREATED WHAT WE CALL THE STANDING NOTICE OF FUNDING AVAILABILITY THAT ALIGNS WITH THE DEVELOPER COMMUNITY NEEDS.
WE ARE ABLE TO PROVIDE GAP FINANCING TO DEVELOPERS AT ANY GIVEN TIME OF THE YEAR.
SHOULD THEY HAVE SHOVEL-READY PROJECTS READY TO GO AT ANYTIME WE'RE ABLE TO ASSIST THEM AT THAT TIME.
THE DEPARTMENT HAS ADOPTED THE PHILOSOPHY TO COMBAT RACIAL, ETHNIC, CONCENTRATED AREAS OF POVERTY THROUGHOUT THE CITY.
WE ALSO HAVE AN ENGAGEMENT PROCESS WHEREBY WE ENGAGE WITH THE DEVELOPER COMMUNITY EVERY MONTH.
ON THE FOURTH TUESDAY OF EACH MONTH, WE PROVIDE TRAINING, WE PROVIDE TECHNICAL ASSISTANCE TO THE DEVELOPERS THAT ARE SEEKING GAP FINANCING THROUGH OUR NOFA PROCESS.
WE WALK THEM THROUGH THE NOFA APPLICATION AND WE ARE THERE WITH THEM EVERY STEP OF THE WAY AS THEY COMPLETE THE APPLICATION PROCESS.
THE NOFA ENCOMPASSES SEVERAL DIFFERENT FUNDING SOURCES THAT YOU CAN SEE ON THE SCREEN HERE.
WE PROVIDE FEDERAL DOLLARS SUCH AS CDBG, HOME, ARPA, CDBG-DR FUNDING BOND, AND ALSO PARTNERSHIPS WITH OUR HDFC AND PFC AS WELL AS THE MIHDB PROGRAMS. ACCOMPLISHMENTS TO DATE FOR THE DEVELOPMENT DIVISION AS YOU CAN SEE, WE HAVE COMPLETED CONSTRUCTION OF THE 217 MIXED-INCOME UNITS AT THE GALBRAITH, WHICH IS LOCATED RIGHT HERE IN THE DOWNTOWN AREA, 2400 BRYAN STREET.
WE ARE EXCITED THAT THIS PROPERTY HAS BEEN TOUTED ACROSS THE NATION.
I CAN TELL YOU THAT WE HAVE USED THIS PROJECT AS A CDBG BEST PRACTICE AT THE NATIONAL COMMUNITY DEVELOPMENT ASSOCIATIONS WINTER CONFERENCE IN WASHINGTON DC.
WE'RE EXCITED TO HIGHLIGHT THIS PROJECT TO OTHER PRACTITIONERS ACROSS THE NATION.
ADDITION TO THAT, WE WILL ALSO SUBMIT THIS PROJECT FOR AN AWARD FOR THE JOHN SASSO AWARD AT THE NATIONAL COMMUNITY DEVELOPMENT ASSOCIATIONS ANNUAL CONFERENCE IN ORLANDO, FLORIDA IN JUNE.
WE'RE EXCITED ABOUT THE GOOD THINGS THIS PROJECT WILL BRING TO THE CITY AND ALL OF THE PRESTIGIOUS ATTENTION THAT WE WILL RECEIVE AS A RESULT OF THIS PROJECT.
ADDITIONAL PROJECTS INCLUDE THE 202 MIXED-INCOME UNIT PROJECT CALLED THE CITIZEN, WHICH WAS FORMERLY KNOWN AS MID PARK TOWERS.
AGAIN, THIS PROJECT HAS ALSO RECEIVED AN AWARD FROM THE NATIONAL ASSOCIATION OF LOCAL HOUSING FINANCE AGENCIES AWARD OF REDEVELOPMENT EXCELLENCE.
WE ARE EXTREMELY PROUD OF THIS PROJECT.
WE'VE ALSO COMPLETED THE 180-UNIT PERMANENT SUPPORTIVE HOUSING FOR ST. JUDE CENTRAL, AS WELL AS ALLOCATED AN ADDITIONAL $71 MILLION TO RENTAL HOUSING, $10.5 MILLION FOR SALE.
AND WE CURRENTLY ADMINISTER A PIPELINE OF 449 MIXED-INCOME FOR-SALE UNITS, AS WELL AS OVER 2700 RENTAL UNITS.
AS IT RELATES TO CHALLENGES, OR I WOULD CALL THEM AREAS OF OPPORTUNITY,
[00:15:03]
AREAS TO SEEK INNOVATION AND CREATIVITY.RISING COST AND LAND CONSTRUCTION IS ALWAYS A FACTOR WHEN YOU'RE DEALING WITH CONSTRUCTION.
INCREASED GAP FINANCING REQUEST IS SOMETHING THAT WE'VE SEEN DUE TO THE RISE IN INTEREST RATES.
OTHER CHALLENGES AND OPPORTUNITIES WOULD BE LIMITED CITY FUNDING.
MANY TIMES WITH SMALLER DEVELOPERS, ESPECIALLY MINORITY DEVELOPERS, WE DO SEE THAT GAP WITH THE CAPACITY.
THAT IS AN AREA OF OPPORTUNITY.
SUCH THINGS WE'RE WORKING ON NOW IS THE EMERGING DEVELOPER FUND TO ASSIST IN INCREASING CAPACITY OF OUR DEVELOPER COMMUNITY.
OTHER CHALLENGES INCLUDE PERMITTING DELAYS, STAFF TURNOVER, AND CONTRACT EXECUTION.
HERE IS A NOFA PROCESS WORKFLOW JUST TO GIVE YOU AN UPDATE ON HOW THE PROCESS WORKS.
AS YOU CAN SEE, IT TAKES ABOUT APPROXIMATELY 13 MONTHS FROM THE START OF THE APPLICATION ALL THE WAY THROUGH COUNCIL APPROVAL.
AS YOU CAN SEE, WE HAVE AN ONGOING TECHNICAL ASSISTANCE DEVELOPER ENGAGEMENT MEETING EVERY FOURTH TUESDAY OF THE MONTH FROM 2-4 P.M.
IT TAKES US ABOUT TWO WEEKS TO REVIEW THOSE NOFA APPLICATIONS SUBMITTED BY THE DEVELOPER.
WE HAVE A THIRD-PARTY UNDERWRITER THAT IS INVOLVED IN UNDERWRITING AND CONFIRMING THE DEVELOPER'S GAP FINANCING.
THERE IS A PROCESS WHEREBY WE DRAFT MEMOS TO THE COMMITTEE AS WELL AS OUR COUNCIL DOCUMENTS.
YOU HAVE THE TIMEFRAME THERE AND GOING THROUGH THE AGREEMENT PROCESS AND THE ENVIRONMENTAL REVIEW PROCESS.
ULTIMATELY, IT WILL TAKE US ABOUT A YEAR TO GET THAT DEVELOPMENT THROUGH COUNCIL APPROVAL AND TO COMMENCE CONSTRUCTION WHICH CAN TAKE UP TO TWO YEARS ON ANY TYPE OF CONSTRUCTION PROJECT.
NEXT, I'D LIKE TO TALK ABOUT THE HOUSING FINANCE CORPORATION AS WELL AS THE PUBLIC FACILITY CORPORATION.
THE CREATION OF THESE CORPORATIONS, THE HFC WAS CREATED IN 1984 AND THE PFC WAS CREATED IN 2020.
BOTH OF THESE CORPORATIONS ARE PART OF THE CITY'S TOOLBOX TO SPUR DEVELOPMENT OF AFFORDABLE MIXED-INCOME AND WORKFORCE HOUSING.
THE DISTINCTION BETWEEN THESE TWO ORGANIZATIONS OR CORPORATIONS IS THAT THE HFC OWNS PROPERTIES IN PARTNERSHIPS WITH DEVELOPERS, ISSUE PRIVATE ACTIVITY BONDS AND ESSENTIAL FUNCTION BONDS.
THE PFC OWNS PROPERTIES AND IN PARTICULARLY FUNDS THOSE PROJECTS THROUGH PROPERTY TAX EXEMPTIONS PURSUANT TO STATE LAW AND STATE STATUTES.
BOTH OF THESE CORPORATIONS ARE GOVERNED BY SEPARATE 15-PERSON BOARDS WITH HOUSING STAFF MANAGING THE DAY-TO-DAY OPERATIONS OF THE ORGANIZATIONS.
ACCOMPLISHMENTS TO DATE, THE HFC HAS 10 PROPERTIES, OVER 2000 UNITS COMPLETED.
THE PFC HAS APPROVED APPROXIMATELY 13 PROJECTS WITH ALMOST 4000 UNITS SINCE ITS FIRST BOARD MEETING.
I WOULD LIKE TO BRING YOUR ATTENTION TO THIS FACT IN THIS SLIDE, THE LOW-INCOME HOUSING TAX CREDIT PROGRAM WITH THE HFC HAS CREATED 1.1 BILLION WITH A B, AND AFFORDABLE HOUSING DEVELOPMENTS UNDER CONSTRUCTION, OR THEY ARE AWAITING ACQUISITION.
THE PFC HAS APPROXIMATELY $880 MILLION IN WORKFORCE AND MIXED-INCOME HOUSING THROUGHOUT THE CITY OF DALLAS.
ONGOING CHALLENGES FOR THE CORPORATIONS INCLUDE OVERSUBSCRIPTION OF PRIVATE ACTIVITY BONDS, AS WELL AS NIMBYISM.
NEXT, WE'LL TALK ABOUT THE LAND BANK AND LAND TRANSFER PROGRAM.
WELL, 2004, THE DALLAS HOUSE AND ACQUISITION AND DEVELOPMENT CORPORATION WAS CREATED TO ADMINISTER THE LAND BANK PROGRAM, WHICH ESSENTIALLY ALLOWS THE CITY TO RECLAIM VACANT REAL PROPERTY DUE TO TAX DELINQUENCY STATUS.
THESE PROPERTIES ARE USED TO DEVELOP AFFORDABLE HOUSING FOR LOW AND MODERATE-INCOME HOUSEHOLDS OR FOR COMMERCIAL USE THROUGHOUT THE CITY.
THE LAND TRANSFER PROGRAM ALLOWS THE CITY TO SELL REAL PROPERTY AND RE-SELL TAX FORECLOSED LOTS BELOW MARKET VALUE TO FOR PROFIT, NON-PROFIT, AND/OR RELIGIOUS ORGANIZATIONS IN ACCORDANCE WITH STATE LAW AND CITY ORDINANCE.
ACCOMPLISHMENTS TO DATE, TO HIGHLIGHT, THE LAND BANK PROGRAM HAS SOLD 785 LOTS.
THE LAND TRANSFER PROGRAM HAS SOLD 317 VACANT LOTS FOR CONSTRUCTION OF AFFORDABLE HOUSING WITHIN THE CITY.
ALSO, WE PROVIDED PERMANENT ISSUANCE AND HOME SALES DATA FOR YOU ON THE SLIDES.
ONGOING CHALLENGES, AS I WOULD CONTINUE TO STATE, THESE ARE AREAS OF OPPORTUNITY, WOULD BE THE AVAILABILITY OF INVENTORY, FUNDING TO ACQUIRE ADDITIONAL PROPERTIES, THE REZONING OF PROPERTIES, AND INCREASE COST IN RESIDENTIAL CONSTRUCTION.
I WILL HAND IT OVER TO MY COUNTERPART, TAMMY.
[00:20:05]
>> GOOD MORNING. I'M TAMMI SOUTHALL, HOUSING PROGRAM MANAGER.
I'LL TALK TO YOU A LITTLE BIT ABOUT THE HOMEBUYER ASSISTANCE PROGRAM, ALSO KNOWN DHAP.
AS YOU'RE FAMILIAR, THE PROGRAM DOES HAVE THREE OPTIONS AVAILABLE.
WE HAVE OUR TRADITIONAL DHAP PROGRAM, WHICH IS FEDERALLY FUNDED AND IT DOES ASSIST HOUSEHOLDS WITH INCOMES UP TO 80 PERCENT OF THE AREA MEDIUM INCOME.
THEN THE OTHER TWO PROGRAMS, THE TARGETED INCENTIVE PROGRAM, WHICH TARGETS SPECIFIC PROFESSIONS, AS WELL AS THE ANTI-DISPLACEMENT PROGRAM, WE CALL IT AS DHAP 10.
THE GRAPH THAT YOU SEE ON THE RIGHT IS OUR CURRENT PIPELINE AS OF APRIL 10TH, WE HAVE ACTUALLY CLOSED NINE HOMEOWNERS WITH THE PROGRAM THROUGH THAT DATE.
ACTUALLY, THIS PAST FRIDAY, WE CLOSED NUMBER 10.
BUT AS OF APRIL 10TH, WE HAVE CLOSE AT LEAST NINE HOMEBUYERS WITH THIS PROGRAM.
OUR PROCESS, IT IS TWO-TIERED.
WE FIRST PRE-QUALIFY OUR APPLICANTS.
OUR APPLICANTS ARE SUBMITTING APPLICATIONS THROUGH OUR NEIGHBORLY SYSTEM, WHICH WE ARE REVIEWING AND MAKING INCOME DETERMINATION.
THAT PROCESS DUE TO STAFFING SHORTAGE, IT DOES TAKE ANYWHERE 7-10 BUSINESS DAYS TO GET AN APPLICANT REVIEWED.
THEN OUR SECOND-TIERED OF OUR PROCESS, ONCE THE APPLICANT HAS FOUND A PROPERTY AND IT'S UNDER CONTRACT, THAT IS WHEN THE LOAN CLOSING PROCESS BEGINS, THE LOAN OFFICERS WILL UPLOAD LOAN DOCUMENTS INTO OUR NEIGHBORLY SYSTEM FOR US TO REVIEW TO DETERMINE THE AMOUNT OF ASSISTANCE.
ALSO PART OF THAT PROGRAM OF THE PROCESS, THE PROPERTIES GO THROUGH AN INSPECTION, AS WELL AS HOMEBUYERS DO HAVE TO SIGN HOMEBUYER WRITTEN AGREEMENT, A WIDE PROCESS AS WELL, AND THEN REQUESTS A CLOSE AND DOTS TO SEND TO THE TITLE COMPANY.
ONCE THEY'VE FOUND A PROPERTY UNDER CONTRACT, HAVE MORTGAGE APPROVAL FOR THAT PURCHASE, OUR PROCESS CAN TAKE ANYWHERE 30-45 DAYS TO GET THAT BUYER TO CLOSE IT.
NEXT SLIDE, PLEASE. THE ACCOMPLISHMENTS FOR THE PROGRAM STAFF DOES INCOME DETERMINATION FOR ALL HOMEBUYERS EVEN THROUGH THE DEVELOPMENT PROJECTS APPROVED THROUGH THE NOFA PROCESS.
A COUPLE OF THE CHALLENGES THAT WE SEE IS POTENTIAL HOMEBUYERS DO NOT HAVE OPTIONS AVAILABLE TO PURCHASE HOMES AT OR BELOW 271,000, RESULTING IN WITHDRAWALS FROM THE PROGRAM.
ALSO WITH INCREASED SALES PRICE, MANY HOMEBUYER NEED MORE SUBSIDY TO OBTAIN HOUSING WITHIN THE CITY LIMITS.
I'LL PASS IT ON TO MY COLLEAGUE, MS. LONG.
>> GOOD MORNING. MY NAME IS AQWANA LONG.
[NOISE] I'LL START WITH THE PORTFOLIO MANAGEMENT.
THIS DIVISION PROVIDES RELEASES OF LIENS, SUBORDINATIONS AND ASSUMPTIONS FOR EXISTING LIENS.
HISTORICALLY, THE LIENS PORTFOLIO TEAM HAS OPERATED ON A REACTIVE BASIS BY RESPONDING TO REQUESTS FOR LIEN RELEASES AS THE PUBLIC BROUGHT THEM FORWARD.
STAFF HAS BEEN RELEASING AND REVISING LIENS WITH THE APPROVAL OF THE DECEMBER 2021 CITY COUNCIL RESOLUTION, DEPENDENT ON FUNDING SOURCE EITHER TO CONVERT LAWS TO FORGIVABLE GRANTS AND REMOVE ANY ONGOING AFFORDABILITY, OR TO REDUCE HOME AFFORDABILITY PEERS TO 15 YEARS.
SOME OF THE GREAT ACCOMPLISHMENTS THAT'S GOING ON WITHIN THE PORTFOLIO MANAGEMENT TEAM, WE ARE NOW UTILIZING THE NEIGHBORLY DATABASE, TO RUN MONTHLY REPORTS, TO MONITOR AND RELEASE LIENS ON A PROACTIVE BASIS INSTEAD OF REACTIVE REQUEST.
THE BULK LIEN PORTFOLIO HAD A BACKLOG OF 26,000 LIENS THAT HAS BEEN REDUCED TO 13,600.
AS WE CONTINUE TO RELEASE THE REQUEST FOR THE PUBLIC HAS REDUCED, THE REQUEST TO RELEASE LIENS FROM THE PUBLIC HAS REDUCED BY 45 PERCENT, GOING FROM 400 TO 250, AND THAT'S ON A YEARLY BASIS.
SOME OF THE CHALLENGES, THE RELEASE OF LIEN CAN TAKE UP TO 30 DAYS.
THIS CHART REPRESENTS THE REVISED PROCESS.
THE TIMELINE WAS INITIALLY 45 DAYS AFTER REVISING THE PROCESS, AND NOW TAKES 30 DAYS TO RELEASE LIENS FROM THE PROPERTY.
THE COMPLIANCE DIVISION IS RESPONSIBLE FOR MONITORING AND COMPLIANCE REGULATIONS FOR CONTRACT REQUIREMENTS AND ADVISORY SERVICES, AS WELL AS IMPLEMENTING CONTROLS TO PROTECT THE CITY OF DALLAS FROM ALL RISKS.
ONE OF OUR GREATEST ACCOMPLISHMENTS IS THAT THE HOUSING DEPARTMENT WAS RELEASED FROM OUTGOING AUDIT REQUIREMENT DUE TO THE 2017 HOME FINDING.
AS WE CONTINUE TO ENSURE WE ARE IN COMPLIANCE WITH FEDERAL REGULATIONS, FOR OUR NEW EMPLOYEES, WE PROVIDE CDBG AND HOME TRAINING.
SOME OF OUR CHALLENGES ARE THE MORE UNITS THAT WE PRODUCE,
[00:25:02]
THE MORE STAFFING IS NEEDED FOR ASSET MANAGEMENT.COMPLIANCE CONTINUE TO PROVIDE ONGOING TRAINING TO DEVELOPERS AND PROPERTY MANAGERS AS STAFF CHANGES WITHIN THOSE PROPERTY MANAGERS CONTINUED TO TRAIN THEM WITH THE LONG-TERM AFFORDABILITY.
SOME MANAGERS ARE ALSO ATTENDING BY MONDAY SITE VISITS TO ENSURE FEDERAL REGULATIONS WITH THE DAVIS-BACON, ENSURING ALL TRADES ARE PAID FAIRLY, WITH THE DAVIS-BACON UNTIL THE PROJECT IS COMPLETED. THANK YOU.
>> WE'LL BE GLAD TO ANSWER ANY QUESTIONS YOU MAY HAVE.
>> GOOD MORNING. THANK YOU VICE CHAIR FOR OPENING THE MEETING.
FIRST, I WANT TO SAY THIS IS DEFINITELY THE TYPE OF BRIEFING THAT THE COUNCIL NEEDS.
WE NEED TO KNOW AS IT RELATES TO THIS DEPARTMENT, ALL OF THE DIFFERENT PROJECTS.
WE NEED TO KNOW YOUR CHALLENGES.
WE KNOW THINGS OF THAT NATURE.
DAVID, I'M TRYING TO SEE, WELL, SO YOU CAN SEAT RIGHT THERE BECAUSE I ONLY HAVE MAYBE ONE QUIZ.
YOU WANT TO SIT UP HERE WITH US, YOU CAN COME ON UP TO THE BIG STAGE.
[LAUGHTER] I JUST HAVE A COUPLE OF GENERAL QUESTIONS.
I KNOW SOME OF MY COLLEAGUES HAVE QUESTIONS.
I KNOW COUNCIL MEMBER MICHELLE SUBMITTED SOME QUESTIONS.
JUST TURNING YOUR LIGHTS ON AND I'LL GET TO YOU.
LOOKING AT THIS, AND I REALLY SPEND SOME EXTENSIVE TIME WITH IT LAST NIGHT, I WENT BACK OVER IT VERY EARLY THIS MORNING, AS THE DIRECTOR DEPARTMENT, I SEE WHERE THERE ARE A NUMBER OF VACANCIES AND WE HAVE OTHERS THAT ARE COMING.
BUT I WANTED TO ASK YOU, AS THE DIRECTOR OF THIS DEPARTMENT, FROM A PERSONNEL PERSPECTIVE, WHAT IS YOUR BIGGEST CHALLENGE TO FILLING THOSE VACANCIES? WE KNOW WE RECENTLY APPROVED THE COMPREHENSIVE HOUSING POLICY AND THAT'S GOING TO REQUIRE EVEN MORE PERSONNEL, SOME GENERAL, SOME SPECIALISTS.
WHAT DO YOU SEE AS YOUR BIGGEST CHALLENGE?
>>THANK YOU, CHAIRMAN. DAVID NOGUERA, DIRECTOR OF HOUSING AND NEIGHBORHOOD REVITALIZATION.
LET ME FIRST THANK OUR STAFF FOR COMING BEFORE YOU THIS MORNING.
IT'S NOT OFTEN THAT YOU GET TO SEE THE FACES AND TO HEAR FROM THE STAFF WHO WORK ON THIS EVERY DAY.
IT'S ONE THING TO LOOK AT A SPREADSHEET AND FOR ME TO TRY TO PROVIDE SOME COLOR TO THE WORK THAT THEY'RE DOING, BUT IT'S ANOTHER THING TO HEAR FROM THEM DIRECTLY.
THANK YOU TO ALL OF YOU FOR STEPPING UP AND TAKING THAT ON TODAY.
TO YOUR QUESTION, CHAIRMAN, STAFFING IS A TWOFOLD CHALLENGE.
ON ONE HAND, THERE'S THE TIME THAT IT TAKES TO GET A STAFF ONBOARD FROM THE TIME THAT WE LOOK TO POST THE POSITION TO THE TIME THAT WE ARE ABLE TO FILL IT CAN TAKE ANYWHERE 3-6 MONTHS.
WHEN WE'RE ABLE TO ACTUALLY GET SOMEONE ON BOARD, IT'S REALLY IMPORTANT THAT WE CAN KEEP THEM.
BUT THE OTHER CHALLENGE IS COMPENSATION.
I'VE GOT OTHER STATES WHO ARE OFFERING 100 PERCENT REMOTE WORK AND ARE OFFERING HIGH-COST MARKET WAGES.
I CAN'T COMPETE WITH THAT, SO REALLY, WHAT WE HAVE TO LOOK FOR IS A FEW THINGS.
NUMBER ONE, WE HAVE TO DEVELOP OUR OWN STAFF.
WE CAN'T JUST PURCHASE TRAINED, SKILLED STAFF WHO CAN JUST STEP INTO THESE POSITIONS AND START RUNNING.
NUMBER TWO, WE HAVE TO SEARCH FOR THOSE STAFF WHO HAVE AN APPRECIATION FOR OUR LOCAL MARKET, PERHAPS THEY GREW UP HERE, THEY HAVEN'T TIES TO THE LOCAL MARKET AND THEY WANT TO WORK IN THIS AREA.
WHEN YOU'RE ABLE TO DO THAT, IT DOES HELP OVERCOME SOME OF THOSE CHALLENGES, BUT I WON'T LIE AS YOU SEE WITH THE OLD CHART, STAFFING IS A CHALLENGE.
WHEN WE'RE ABLE TO, WE'LL TRY TO OUTSOURCE SOME COMPONENTS OF OUR WORK SO THAT WE CAN LEVERAGE PRIVATE SECTOR ACTIVITY.
BUT IT'S REALLY A COMBINATION OF FACTORS.
>>THANK YOU FOR THE TRANSPARENCY.
I THINK THAT WAS VERY IMPORTANT.
I'VE LIVED LONG ENOUGH TO KNOW THAT YOU DON'T, I TO TRY MY BEST NOT TO MAKE PROMISES THAT I CAN'T KEEP.
I'M NOT GOING TO SAY IN THE UPCOMING BUDGET, WE'RE GOING TO PRIORITIZE HOUSING, WE'RE GOING TO PRIORITIZE IT IN A BOND BECAUSE I DON'T HAVE THAT AUTHORITY, I WON'T BE HERE.
BUT I'M GOING TO MAKE RECOMMENDATIONS TO THE MAYOR AND THOSE WHO OWN THE COMMITTEE NOW THAT HOUSING DEFINITELY NEEDS TO BE A PRIORITY IN TERMS OF
[00:30:01]
FUNDING AND I'LL MAKE SURE THAT FUNDING IS THERE FOR STAFF.HAVING BEEN CHAIR OF THIS COMMITTEE FOR TWO-AND-A-HALF YEARS AND BEEN INTIMATELY INVOLVED ALMOST FROM REALLY FROM DAY ONE OF THE PROCESS OF DEVELOPING THIS NEW COMPREHENSIVE HOUSING POLICY, I KNOW WHAT IS GOING TO TAKE.
YOU'RE GOING TO NEED SOME MORE LIEUTENANTS.
YOU'VE GOT A GREAT A TEAM HERE.
SOME OF YOU, I SEE YOUR EMAILS AND SEE YOUR NAMES AND E-MAILS, BUT NOW I GET A CHANCE TO PUT A NAME WITH THE FACE, AND SO I WANT TO COMMEND YOU FOR YOUR COMMITMENT TO SERVICE TO PERFORM WITH EXCELLENCE.
BUT I KNOW YOU'RE GOING TO NEED MORE, A TEAM, B TEAM AND OTHERS.
I'M GOING TO CHALLENGE AND ENCOURAGE MY COLLEAGUES NOW AND THOSE WHO ARE GOING TO BE HERE IN THE FUTURE TO MAKE IT A PRIORITY, TO MAKE SURE THE FUNDING IS AVAILABLE IN ORDER TO DO THE IMPORTANT WORK THAT NEEDS TO BE DONE.
COLLEAGUES, I'M GOING TO SHARE THIS WITH YOU.
CONGRESSWOMAN JASMINE CROCKETT HAS MADE HOUSING A PRIORITY.
SHE CAME AND MET WITH ME IN MY OFFICE AND I SHARE WITH HER THE DRAFT OF THE COMPREHENSIVE HOUSING POLICY.
SHE WANTS TO MAKE IT A MODEL FOR THE NATION, HAD OPPORTUNITY IN LNC TO TALK WITH SECRETARY FUDGE, HEAD SECRETARY, TOLD HER ABOUT IT.
SHE'S REALLY EXCITED ABOUT IT.
SO JUST KNOW DALLAS IS ON THE NATIONAL STAGE WHEN IT COMES TO HOUSING AND MOVING HOUSING FORWARD TO FOCUS AROUND RACIAL EQUITY.
I'LL MOVE NEXT TO COUNCIL MEMBERS SCHULTZ.
>> THANK YOU, MR. CHAIR. I HAVE A FEW JUST VERY QUICK QUESTIONS.
I NOTICED ON THE HOUSING WHERE WE'RE TALKING ABOUT THE HOUSING ASSISTANCE PROGRAM, WHERE DID THE 271,000 NUMBER COME FROM? BECAUSE I UNDERSTAND THAT THAT LOCKS OUT ALMOST EVERYONE FROM BUYING A HOUSE.
>> THE 271,000 LIMIT IS HUD BECAUSE OF THE FEDERAL FUNDS THAT WE USE FOR THE TRADITIONAL PROGRAM, HUD PLACES THAT LIMIT SALES PRICES.
>> HOW DO WE WORK WITH THEM TO MAKE THEM REALIZE THAT NOBODY CAN BUY ANYTHING FOR THAT PRICE IN DALLAS?
>> IT CHANGES ON AN ANNUAL BASIS, SO WE ARE EXPECTING NEW UPDATES IN JUNE.
>> THANK YOU. I'M JUST GOING TO RUN THROUGH A COUPLE OF THIS QUICKLY.
CAN SOMEONE EXPLAIN TO ME THE LEAD-BASED PAINT PROGRAM, HOW THAT WORKS?
>> YES, I CAN. THE LEAD-BASED PAINT PROGRAM IS ESSENTIALLY AN OPPORTUNITY FOR PAYMENT TO TAKE PLACE AND PROPERTIES UP TO $20,000.
ESSENTIALLY WHAT HAPPENS IS STAFF THAT COMES IN THROUGH A CONTRACTOR, HAS AN APPROVED RISK ASSESSOR AND AN INSPECTOR TO REVIEW THE PROPERTY AS A WHOLE AND THEN CREATE THE PROCESS TO OFFICIALLY ABATE THE PROPERTY.
THEY WILL ENCAPSULATE IT AND THEN THEY WILL BE ABLE TO COMPLETE ALL THE REPAIRS.
THE REQUIREMENTS THAT'S INCLUDED IN THERE THAT BECOME CHALLENGING, [NOISE] IS THAT THERE MUST BE A CHILD IN THE HOME SIX YEARS OF AGE OR YOUNGER, THAT SPINS AT LEAST A DECENT AMOUNT OF TIME IN THAT PROPERTY.
>> ARE THESE LIKE RENTAL HOUSES AND THEN WE'RE WORKING WITH THE PROPERTY OWNERS? ARE THESE PRIVATE PROPERTY OWNERS WORKING WITH THEIR OWN HOMES?
>> PRIVATE PROPERTY OWNERS WITH THEIR OWN HOMES.
>> THEN JUST VERY QUICKLY, IF I MAY, SIR A FEW QUICK QUESTIONS.
ON SLIDE 19 IS THE 1 BILLION PLUS THE 8 MILLION, SO 880 MILLION, SO IT'S ABOUT 2 BILLION COMBINED.
IS THAT NUMBER CORRECT IN MY MIND?
>> SO $2 BILLION, THAT IS A HUGE ACCOMPLISHMENT CONGRATULATIONS.
THAT IS SOMETHING THAT REALLY OUGHT TO BE REPORTED.
OF THE 449 THAT ARE FOR SALE, I'M COMBINING THE HOMEBUYER ASSISTANCE AS WELL AS THE MIXED-INCOME HOUSING.
I KNOW YOU MENTIONED THAT THERE HAVE BEEN DEVELOPED 449 FOR SALE UNITS.
HOW MANY OF THOSE ARE FOR PEOPLE WHO NEED ASSISTANCE FINANCIALLY? DO WE KNOW?
>> I WOULD HAVE TO GET THAT INFORMATION BACK.
I DON'T HAVE IT IN FRONT OF ME, BUT WE CAN CERTAINLY PROVIDE THAT WE CAN WORK WITH.
>> I'D BE VERY CURIOUS BECAUSE WE'RE TRYING TO GET AS YOU'RE HEARING MORE AND MORE FROM COUNCIL TO FOR SALE.
I WANT TO MAKE SURE AT THE SAME TIME THAT WE'RE NOT ALSO USING CITY TO SUBSIDIZE PEOPLE WHO CAN VERY EASILY AFFORD TO BUY PLACES.
SECOND, MY LAST QUESTION IS ON SLIDE 25, WHY OUR REQUESTS TO RELEASE SO LOW COMPARED TO THE 13,000 LIENS THAT WE KNOW THAT WE HAVE? THAT'S MY FIRST QUESTION.
MY SECOND IS, ARE THOSE LIENS THAT WE HAVE PRIMARILY FOR FOLKS WHO ARE LOW-INCOME?
>> YES. THE LIENS THAT WE'RE RELEASING IS FOR LOW-INCOME UNDER 80% OF THE MEDIAN INCOME. WHAT WAS YOUR FIRST QUESTION?
>> MY FIRST QUESTION IS WHY IS IT SO THE REQUESTS, I THINK IT WAS 250 OF 13,000, WHY ARE MORE PEOPLE NOT REQUESTING TO GET THOSE LIENS RELEASED?
[00:35:03]
>> BECAUSE WE'RE BEING PROACTIVE AND WE'RE HANDLING THE BACKLOG, AND WE'VE ALREADY RELEASED 13,000 OF THOSE 26,000 LIENS.
>> THANK YOU. I'M NOT BEING CLEAR.
BY THE WAY, THERE'S A GREAT REPORT. THANK YOU.
>> WE HAVE 13,600 STILL LEFT ON THERE BECAUSE WE'RE GETTING CLOSER TO WHAT IS REALLY SUPPOSED TO BE IN THE PORTFOLIO.
WE HAVE A FEW MAYBE A FEW HUNDRED THAT WE STILL NEED TO WORK THROUGH TO RELEASE.
BUT OUR PORTFOLIO SHOULD BE AROUND 11,000,12,000 IN UNITS THAT HAVE TO MAINTAIN AFFORDABILITY FOR 5, 10, 15 YEARS, WE WILL NOT GET MUCH LOWER THAN THIS 13,600.
>> GOT YOU. ARE YOU'RE SAYING WHEN WE GET IT ALL CLEANED UP, THEN THAT PORTFOLIO WILL CONSIST OF PEOPLE WHO ARE AGREED TO LIENS, NOT LIENS THAT PEOPLE HAD FOR WHATEVER REASON?
>> WELL, WE'VE CLEARED OFF ARE THE LIENS THAT WE THE CITY WERE BEHIND ON RELEASING.
NOW THIS IS THE REAL PORTFOLIO SIZE AND ALMOST HIT IT, BUT WE STILL HAVE A FEW THAT WERE WORKING HERE.
>> GOT YOU. THEN THE 250 THAT HAVE BEEN REQUESTED, OUR GOAL IS TO HAVE A LOWER AND LOWER NUMBER BECAUSE WE'RE PROACTIVELY FINISHING THE DEALS THAT WE MADE WITH THEM OR WHATEVER REASON THERE'S A LIEN.
>> CORRECT. THE 250 WOULD INCLUDE FOLKS THAT HAVE PASSED AWAY, ARE REFINANCING, OR WANTING TO DO THINGS LIKE WE NORMALLY DO IN BUSINESS WHEN WE OWN OUR HOUSE.
>> THANK YOU. COUNCIL MEMBER BRITTANY.
>> THANK YOU, MR. CHAIR. ON SLIDE 6, THE DALLAS HOUSING FINANCE CORPORATION IS LISTED AS HAVING OVER $11 MILLION AND FINANCIAL RESOURCES ALMOST EIGHT TIMES WHAT THE DPFC HAS.
I'M CURIOUS, WHERE DOES THAT MONEY COME FROM? IS THAT BOND PROCEEDS?
>> HI, KYLE HINES, ASSISTANT DIRECTOR, HOUSING DEPARTMENT.
THE REVENUES FOR THE DALLAS HOUSING FINANCE CORPORATION COME THROUGH OUR DEVELOPMENT FEE SPLITS THAT WE SHARE WITH OUR AFFORDABLE HOUSING DEVELOPMENT PARTNERS.
WE ALSO RECEIVE FUNDS FOR THE BOND ISSUANCE AS THE SERVING AS THE ISSUER.
WE ALSO RECEIVE CASH FLOW FROM ALL OF OUR PROJECTS THAT WE PARTICIPATE IN.
THAT'S GENERALLY WHERE ALL OF OUR FUNDS COME FROM.
>> THE BOND PROCEEDS ARE TRANSITORY, THEY'RE SOLD, BUT THEY'RE ALLOCATED TO A SPECIFIC PROJECT AND SO THERE'LL BE DEPLOYED QUICKLY. IS THAT CORRECT?
>>YEAH. WHAT WE ISSUED THE BONDS TO PAY FOR THE PROJECT AND THEN WE AS FOR PROVIDING THAT SERVICE OF ISSUING THE BONDS THEN WE RECEIVE AN ISSUE OR FEES, AND THAT COMES TO THE BOARD DIRECTLY UPON CLOSING.
>> ON SLIDE 10, UNDER ACCOMPLISHMENT OF THE HOME REPAIR PROGRAM, THERE WAS A HUGE UPSURGE FROM 11 IN 1920 TO 189 IN 2021, AND THEN IT FELL BACK TO 39 IN 21/22.
CAN YOU TELL ME WHY THAT ERRATIC EXPERIENCE IN NUMBERS?
>> I THOR ERICKSON, AND ASSISTANT DIRECTOR DEPARTMENT OF HOUSING.
THAT YEAR WE HAD THE 2020 WINTER STORM.
WE HAD AN EMERGENCY HOME REPAIR PROGRAM WHERE WE DEPLOYED EMERGENCY HOME REPAIR THROUGH VOLUNTEERS OF AMERICA.
THEY WERE ABLE TO SERVE ROUGHLY 100 ADDITIONAL PEOPLE THAT YEAR, WHICH ACCOUNTS FOR THE UPTAKE THAT YEAR DUE TO OUR EMERGENCY RESPONSE EFFORTS.
>> IT'S 39 MORE IN LINE WITH WHAT OUR ONGOING RESOURCES ALLOW?
>> OUR ONGOING RESOURCES FOR HIP ALLOW US TO DO TO APPROVE ABOUT 40-50 PEOPLE A YEAR BASED ON CONSTRUCTION AND THOSE TIMELINES, THAT'S WHERE WE ARE WITH THAT ONE PROGRAM.
WHEN WE LOOK AT ALL OF OUR PROGRAMS COMBINED.
LAST YEAR WE DID 87 TOTAL HOME REPAIRS OR COST TO ALL PROGRAMS. WE'RE SOMEWHERE WITHIN THAT 50-100 RANGE BETWEEN ALL OF OUR PROGRAMS ARE CURRENT CAPACITY AND CONTRACTOR CAPACITY.
>> PRESUMABLY THAT NUMBER WILL INCREASE WITH THE NEW SENIOR HOME REPAIR PROGRAM GETTING OFF THE GROUND. IS THAT CORRECT?
>> YES, SIR. MANY OF THE HOMES HAD STARTED CONSTRUCTION TOWARDS THE END OF LAST FISCAL YEAR AND ARE CURRENTLY UNDER CONSTRUCTION RIGHT NOW.
I THINK RISA SAID WE HAVE OVER 70 HOMES UNDER CONSTRUCTION RIGHT NOW IN SOME FORM.
THOSE ARE ALL SET TO BE DONE WITHIN THE NEXT SIX MONTHS.
WE'LL CONTINUE TO SEE AN UPTICK EACH MONTH IN OUR HOME REPAIR ACTIVITY.
>> WELL I'M REALLY GRATIFIED BY THE FACT THAT WE GOT 500 APPLICATIONS UNDER THE SENIOR HOME REPAIR PROGRAM, BUT AT THE SAME TIME, THAT INDICATES THAT WE HAVE A HUGE UNMET NEED.
[00:40:02]
I KNOW THERE HAS BEEN A CONSTRAINT WITH OUR CAPACITY OF CONTRACTORS TO DO THE MINOR HOME REPAIRS THAT THIS PROGRAM PROVIDES FOR.WHAT CAN WE DO TO INCREASE CAPACITY?
>> THERE'S A FEW THINGS THAT WE'RE DOING, CONTINUED SUPPORT FROM THE COMMITTEE.
WE'RE ALSO IN THE PROCESS OF PUTTING TOGETHER CONTRACT OR EVENTS SO THAT WE CAN HAVE DONORS WITH OUR DIRECTOR TO USE THAT AS LEVERAGE TO BRING PEOPLE IN BECAUSE THEY FIND THAT UNIQUE OPPORTUNITY.
THEN ALSO OUTLINING AND MAKING SURE THAT THEY'RE AWARE OF OUR PROMPT PAYMENTS AND BEING CLEAR.
ONE OF THE MISCONCEPTIONS IS THAT WE DON'T PAY QUICKLY.
WE HAVE ELECTRONIC DRAFT THAT MOVES THROUGH APPROPRIATELY.
THEN ALSO LETTING THEM KNOW THAT WE HAVE AN ABUNDANCE OF PROJECTS THAT ARE COMING THROUGH AND THAT WE'RE WILLING TO WORK WITH CONTRACTORS.
THE BIG THING IS MAKING SURE WE'RE BREAKING DOWN THE CHALLENGES THAT PEOPLE ASSUME, AND THEN WE'RE ALSO HOSTING CONTRACTOR EVENTS.
>> A LOT OF THIS IS EDUCATION.
>> ARE YOU HAVING ANY PROBLEM WITH THESE SMALLER CONTRACTORS THAT DO THIS WORK, AND THEIR SUSTAINABILITY, DO THEY STAY IN BUSINESS LONG ENOUGH TO COMPLETE PROJECTS?
>> WE'RE NOT. THE BIG THING THAT COMES UP CONSISTENTLY IS CONSTANTLY EDUCATING, AS YOU REFERENCED EARLIER.
EVERY CONTRACTOR IS AT A DIFFERENT STAGE WITH THEIR OWN BUSINESS AND WORK WITH THEM TO UNDERSTAND STEADY PROCESSES IS PROBABLY THE MOST COMMON THING THAT COMES UP.
>> MR. CHAIR, IF I COULD JUST ADD THE THE BIG THING WHICH YOU HAVE TO UNDERSTAND ABOUT CONTRACTORS IS THAT THEY WORK ON CYCLES.
WHEN WE'RE ABLE TO GET OUR PAYMENTS OUT TIMELY, THEY CONTINUE TO GIVE US THEIR ATTENTION.
IF OUR PAYMENTS ARE DELAYED, THEY GO TO WHERE THEY CAN RECEIVE PAYMENT TIMELY.
THAT DFW IS IN A BOOMING MARKET.
CONTRACTORS, WORKERS WHO ARE IN THIS FIELD DON'T HAVE TO WORK WITH US.
THEY HAVE PLENTY OF OTHER OPTIONS.
FOR US TO MAINTAIN THEIR ATTENTION, WE'VE GOT TO SHOW THEM THAT WE'RE COMMITTED TO GETTING THEM PAID ON TIME AND THAT WE'RE COMMITTED TO INTERVENING WITH THEM WHENEVER THERE ARE STRUGGLES WITH HOMEOWNERS.
YOU'RE SEEING US DO A VARIETY OF THINGS TO DO THAT.
ON ONE HAND, REECE AND HIS TEAM ARE WORKING DIRECTLY WITH THE CONTRACTORS.
ON THE OTHER HAND, WE JUST BROUGHT ON GRANT WORK.
GRANT WORKS IS SERVING AS AN INTERMEDIARY AND THEY'RE WORKING DIRECTLY WITH CONTRACTORS SO THAT RATHER THAN US ISSUING LOTS OF LOW-VALUE PAYMENTS, WE CAN ISSUE LARGE LUMP-SUM PAYMENTS AND THEN THEY CAN CHOP IT UP INTO SMALLER PIECES FOR THE CONTRACTORS.
WE'RE TRYING DIFFERENT APPROACHES TO MAKE SURE THAT WE KEEP THOSE CONTRACTORS ENGAGED.
>> WE JUST GOT STARTED WITH GRANT WORKS, SO WE'LL BE BACK TO REPORT TO YOU PROBABLY ANOTHER SIX MONTHS.
>> THANK YOU, COUNCILLOR MADDISON.
>> THANK YOU VERY MUCH. I HAVE A VARIETY OF QUESTIONS.
FIRST, CAN YOU TELL US HOW MANY HOMES YOU HAVE ASSISTED WITH LEAD PAINT?
>> HOW MANY HOMES YOU'VE ASSISTED WITH LEAD PAINT?
>> THERE ARE OUR HIP PROGRAMS.
>> I DON'T THINK YOUR MICROPHONE IS ON.
>> THANKS. I WAS GOING TO JUST PROJECT [LAUGHTER] THROUGH THE HEALTHY HOMES LEAD REDUCTION GRANT, WE HAVE SERVED TWO HOMES TO DATE.
WE HAVE ANOTHER ONE UNDER CONSTRUCTION HERE IN THE NEXT WEEK.
IT'S WORTH NOTING THOUGH, THAT THROUGH OUR HOME IMPROVEMENT PRESERVATION PROGRAM, 99% OF THE HOMES THAT WE'VE SERVED ARE PRE-1978 HOMES AS WELL.
THEY ALL HAVE GONE THROUGH LEAD-SAFE PRACTICES TO REMOVE LEAD WITH ALL OF OUR HIP PROGRAM AS WELL.
BUT WE HAVE THIS SPECIFIC LEAD GRANT WHICH HAS ADDITIONAL REQUIREMENTS, WHICH IS A LITTLE BIT HARDER TO ADMINISTER, BUT THAT DOESN'T MEAN THAT WE ARE NOT REMOVING LEAD FROM HOMES THROUGH OTHER PROGRAMS.
>> WE'VE TALKED ABOUT THIS LEAD PROGRAM A COUPLE OF TIMES.
HAVE YOU STARTED DOING OUTREACH WITH DIST OR ANY OF THE PRESCHOOLS AND DAYCARES IN THE AREAS?
>> WE'VE WORKED AND GIVEN PRESENTATIONS TO HEAD START.
WE HAVE WORKED WITH FOLKS IN THE WIC OFFICES TO HAND OUT BROCHURES.
REECE AND HIS TEAM RECENTLY DID SOME VIDEO SHOOTING ON A LEAD ABATEMENT HOME TO DO A PSA CAMPAIGN THAT WILL START TO BE REFINING IN THE NEXT COUPLE OF WEEKS TO GET OUT THERE.
DURING CONSTRUCTION ON THOSE HOMES, WE'VE CANVAS THOSE NEIGHBORS AS WELL TO MAKE SURE THAT WE WERE TALKING TO AS MANY PEOPLE AS POSSIBLE.
WE CONTINUE TO LOOK FOR MORE PARTNERSHIPS TO GROW AND WAYS TO CONTINUE TO IMPROVE IT.
WE ALSO HAVE AGENCIES LIKE THE CHILD POVERTY ACTION LAB HAVE WRITTEN IN QUESTIONS AROUND LEAD ABATEMENT INTO THEIR HOUSEHOLD SURVEY
[00:45:03]
WHEN THEY'RE GOING DOOR TO DOOR AND NEIGHBORHOODS LIKE JUBILEE PARK.WE LOOK TO EXPAND THAT TYPE OF PARTNERSHIP WITH OUR NON-PROFIT PARTNERS WHO ARE ALREADY TALKING TO A LOT OF FOLKS TO TRY TO FIND AND RECRUIT PEOPLE THAT FIT THE CRITERIA FOR THIS PROGRAM.
>> IF WE WENT TO OUR DALLAS LIBRARIES TO STORY TIME, THEY'D BE GIVING OUT A FLYER OR IF WE WENT TO THE WIC OFFICE, THERE'D BE A FLYER SITTING THERE OR THE PRE-K PROGRAMS FOR DISD, THEY'RE SENDING HOME A FLYER.
>> SPECIFICALLY ABOUT FLIERS, NOT AT OUR LIBRARIES RIGHT NOW.
AT THE WIC OFFICE, I KNOW THAT THEY HAVE BEEN TALKING AND HANDING OUT INFORMATION.
WE HAVE GIVEN FLIERS AT THE HEAD START AT THE BEGINNING OF THE YEAR IS WHEN WE'VE GONE OUT TO DO THE PRESENTATIONS.
BUT IN TERMS OF HAVING COLLATERAL, THEY'RE HANDED OUT EVERY DAY, THAT'S SOMETHING WE CAN WORK ON.
>> DAYCARES DON'T HAVE FLIERS AT THIS POINT.
>> WHEN DID WE GET THAT GRANT, THE LEAD?
>> BUT WHEN DID YOU RECEIVE IT?
>> CYNTHIA, YOU WERE TALKING ABOUT THE LIENS.
ARE YOU SAYING THE LIEN PORTFOLIO NOW IS COMPLETELY SCRUBBED? YOU SEEM TO HAVE SOME INDEFINITE LANGUAGE.
WE STILL HAVE SOME LIENS THAT WE'RE WORKING THROUGH [OVERLAPPING]
>> MAYBE ABOUT 200 LIENS STILL THAT NEED TO BE RELEASED.
WE'RE WORKING THROUGH THOSE AS QUICKLY AS WE CAN.
OUR PORTFOLIO IS SOMEWHERE AROUND 12,800, SOMETHING LIKE THAT BUT WE ARE STILL WORKING THROUGH SOME OF THESE LEANS AND THEN WE ALSO HAVE SOME LEAN REQUESTS IN THAT WE'RE WORKING TO RELEASE.
>> ON YOUR ORG CHART, WHO SPECIFICALLY IS RESPONSIBLE FOR ENSURING THAT THAT PORTFOLIO REMAINS UP-TO-DATE?
>> FOR THE TANGLED TITLE PROGRAM, WHICH I THINK YOU CALL SOMETHING ELSE.
CAN YOU TELL ME HOW MANY TITLES WE'VE CLEARED?
>> I FORGET THE EXACT NUMBER, BUT WE HAVE COMPLETED OVER 30.
WE HAVE BEEN TRANSITIONG TO A DIFFERENT TITLE COMPANY TO DATE, WHO HAS BEEN ABLE TO UTILIZE THE DIFFERENT FORMAT OF HOW THEY'RE OUTREACHING TO CLIENTS AND APPLICANTS THROUGHOUT THE CITY.
WHAT HAPPENED WAS WE JUST RENEWED A DIFFERENT CONTRACT, WHICH WAS THEN THE PROCUREMENT BASIS SO THAT WE CAN MOVE FORWARD.
OVER 30 TO DATE WITH MORE THAT ARE CURRENTLY TAKING PLACE.
>> WHAT IS YOUR GOAL FOR THAT?
>> I WOULDN'T SAY THERE'S A SPECIFIC GOAL BASED ON THE FUNDING THAT HAS BEEN ALLOCATED FOR THE PROGRAM.
WHAT THE FUNDING ALLOCATED AT $200,000, WE'RE TRYING TO MAXIMIZE THAT.
THAT'S ON A CASE-BY-CASE SCENARIO.
A CLEAR EXAMPLE IS SOME APPLICANTS THAT HAVE AIRSHIP ISSUES WITH ONLY ONE CHILD, AND THEN WE'LL HAVE ONE AIRSHIP ISSUE WITH SIX.
YOU TRY TO JUGGLE HOW DO YOU WORK WITH AN APPLICANT APPROPRIATELY AND ALLOCATE THEIR TIME.
>> THOSE 30 CASES, ARE YOU SAYING THAT THOSE HAVE BEEN COMPLETELY CLEARED OR THEY'VE ATTENDED SEMINARS OR THEY'D ACTUALLY HAD LEGAL FEES TO GET THAT DONE?
>> GREAT QUESTION, IS ALL OF THE ABOVE [OVERLAPPING]
>> HOW MANY HAVE WE ACTUALLY CLEARED? THAT'S WHAT I'M TRYING TO GET AT.
>> I'LL GET THAT INFORMATION FOR YOU.
>> COULD YOU PUT THEM THAT AND WRITING TO THE WHOLE COMMITTEE, PLEASE.
I WANTED TO GO OVER TO, I THINK IT'S PAGE 16 WHERE THERE'S SOME BULLET ITEMS THAT SAY THAT WE'VE ALLOCATED RENTAL MONEY AND FOR OWN PROPERTY MONEY, AND IT LOOKS LIKE IT'S A 7-1 BASIS, SEVEN RENTAL TO $1 OWNED PROPERTIES.
THEN IN THE PIPELINE, IT LOOKS LIKE A 5-1 RENTAL.
I'M WONDERING IF THAT'S INTENTIONAL OR IF IT'S JUST WORKED OUT THAT WAY.
>> GOOD QUESTION COUNCILWOMAN.
IT'S REFLECTIVE OF THE RESOURCES THAT WE HAVE.
IF YOU LOOK AT THE RESOURCES THAT WE TYPICALLY USE TO SUPPORT RENTAL HOUSING, IT'S THROUGH OUR COOPERATION, IT'S TAX EXEMPTIONS.
IF YOU LOOK AT THE RESOURCES THAT WE HAVE TO SUPPORT HOMEOWNERSHIP, IT'S THROUGH A LAND BANK, OUR LAND TRANSFER PROGRAM, OUR DOWNPAYMENT ASSISTANCE.
THOSE REQUIRE ACTUAL FINANCIAL SUBSIDIES.
WHEN WE'RE ABLE TO APPROVE A RESOLUTION FOR A TAX CREDIT PROJECT THAT'S NOT REQUIRING THE CITY TO INVEST ANY MONEY.
BUT WHEN WE HAVE TO SUPPORT HOMEOWNERSHIP, WE HAVE TO WRITE A CHECK.
MOST OF WHAT YOU'RE SEEING IS REFLECTIVE OF THE TOOLS THAT WE HAVE AVAILABLE TO US.
>> TO THAT POINT, I WOULD LOVE US TO BE MORE INTENTIONAL.
I THINK I VOTED YES FOR EVERY SINGLE 4% BECAUSE YOU'RE RIGHT.
[00:50:03]
IT'S NO DOLLARS TO US AND I'M HAPPY TO CONTINUE DOING THAT BECAUSE I KNOW WE NEED THE HOUSING.ON THE OTHER HAND, I'M ALSO HAPPY TO FUND FOR OWNERSHIP AND NOT SO MUCH FOR THE RENTAL BECAUSE WE ALREADY HAVE THAT DEVELOPMENT HAPPENING WITHOUT OUR PARTICIPATION.
I WOULD LIKE TO SEE A MORE INTENTIONAL ACTION OF HOW WE UTILIZE OUR DOLLARS FOR THE OUTCOMES WE'RE ACTUALLY LOOKING TO HAVE HAPPENED.
>> I THINK YOU'RE MAKING THE POINTS AND OF COURSE THE BOND PRESENTATIONS COMING, WHICH I THINK IS GOING TO MAKE THE POINT AGAIN THAT YOU'VE GOT A LOT OF PROGRAMS AND NOT AS MANY STAFF AS YOU PROBABLY WANT OR NEED FOR WHAT YOU HAVE TAKEN ON IN YOUR PORTFOLIO.
WHEN I LOOK AT THIS AND I SEE THERE'S EIGHT DIFFERENT HOME REPAIR PROGRAMS AND THERE'S THREE DIFFERENT HOMEBUYER SYSTEMS PROGRAMS AND THERE'S MULTIPLE DEVELOPER INCENTIVE PROGRAM.
THE MOST OVERUSED PHRASE, MAYBE AT THIS HORSESHOE IS ANOTHER TOOL IN THE TOOLBOX.
DO YOU HAVE TOO MANY TOOLS AND NOT ENOUGH PEOPLE TO ACTUALLY USE THEM? DO YOU NEED TO MAYBE FOCUS ON ACTUALLY HAVING A HIGHER PRODUCTION INSTEAD OF, WHAT WAS THE NUMBER 10 PEOPLE THAT WE'VE HELPED WITH HOMEBUYER ASSISTANCE? WE'RE THE CITY OF DALLAS AND THEN SIX MONTHS WE'VE CLOSED 10 HOMEBUYER ASSISTANCE.
I DON T THINK THAT'S THAT GREAT.
DO WE NEED TO FOCUS SO THAT WE CAN EXCEL IN CERTAIN AREAS OR IS THE SCATTERSHOT APPROACH WHERE YOU THINK WE NEED TO BE?
>> GOOD QUESTION AND IT'S NOT A DIRECT ANSWER, BUT I'M GOING TO ATTEMPT TO CORRAL THAT. ON ONE HAND, YES.
WE HAVE A LOT OF HOME REPAIR PROGRAMS. I'D LOVE TO HAVE ONE.
THE REALITY OF IT IS WE HAVE PROGRAMS THAT FIT PEOPLE WHO HAVE DIFFERENT LEVELS OF NEED, LIKE THE SENIOR REPAIR PROGRAM.
THE HIP PROGRAM, THAT'S $75,000 PER HOME,200,000 IF YOU'RE TALKING ABOUT RECONSTRUCTION.
WE HAVE THESE DIFFERENT PROGRAMS TO SERVE PEOPLE AT DIFFERENT LEVELS OF NEED.
IF WE TOOK A ONE-SIZE-FITS-ALL APPROACH, YOU'RE GOING TO HAVE TO MAKE SOME TOUGH DECISIONS ABOUT WHO YOU HELP AND WHO YOU DO NOT HELP BECAUSE OF THE ADJUSTMENTS THAT HAVE TO BE MADE IN THE COSTS.
FROM THE STANDPOINT OF AMI, UNDERSTANDING HOUSEHOLD INCOME, IT'S IMPORTANT TO REALIZE THAT THE LOWER YOUR INCOME IS, THE HARDER IT IS TO SUSTAIN HOMEOWNERSHIP.
YOU HAVE FOLKS THAT CAN'T AFFORD TO FIX A BROKEN TOILET, THAT CAN'T AFFORD TO FIX A HOLE IN THE ROOF.
WE HAVE TO ASSESS THE DATA, DO THE RESEARCH TO DETERMINE ARE THESE ARE THE FOLKS THAT WE SHOULD BE HELPING WITH HOMEOWNERSHIP? ARE THEY GOING TO BE ABLE TO SUSTAIN IT? THE RECOMMENDATIONS THAT WE'VE MADE FOR YOU IS YOU REALLY NEED THAT INCOME TO BE AT ABOUT 60 PERCENT AREA MEDIAN INCOME BEFORE HOMEOWNERSHIP CAN BE SUSTAINABLE.
TO THE POINT OF HOW MANY LOANS THAT WE'VE GENERATED, YOU HAVE TO LOOK AT THE INTEREST RATES.
WHEN INTEREST RATES ARE LOW, HOME BUYERS DON'T NEED HOMEBUYER ASSISTANCE.
THEY CAN TAKE ON 90 PERCENT LTV RATIOS.
THEY CAN TAKE ON EVEN HIGHER THAN THAT.
THEY'RE SAYING, LOOK, I WANT TO MAKE SURE THAT I CAN GET A HOUSE BECAUSE SOMEONE ELSE WILL BEAT ME TO IT IF I'M WAITING TO GET YOUR DOWN PAYMENT ASSISTANCE.
ON THE OTHER HAND, AS THOSE INTEREST RATES CREEP UP AND THEY SEE HOW MUCH MONEY IS COMING OUT OF THEIR POCKETS EVERY MONTH, NOW THERE'S A GREATER INCENTIVE FOR THEM TO WORK WITH US.
THEY ARE TAMMY'S BEST FRIEND NOW.
I GO TO THESE SPEAKING ENGAGEMENTS AND THEY'RE LIKE, WHERE'S MS. SOUTHALL? BECAUSE INTEREST RATES ARE UP.
IT'S REALLY A REFLECTION OF THE MARKET.
>> SEVEN TO 10 DAYS TO PRE-QUALIFY.
THAT SEEMS LIKE AN EXTRAORDINARILY LONG TIME AND YOU WOULD LOSE THE HOUSE IN THIS MARKET.
IS THERE SOMETHING THAT CAN BE DONE TO SPEED THAT UP.
>> ONE MIN. IT'S A COMBINATION OF FACTORS.
I WANT TO SAY WE'RE AT ABOUT 30 DAYS TO COMPLETE THE TRANSACTION.
>> A LOT OF IT HAS TO DO WITH THE UNDERWRITING, THE BACK-AND-FORTH WITH THE BANK.
ON ONE HAND, I COULD SAY SURE, WE CAN SPEED IT UP.
ON THE OTHER HAND, IF I START GENERATING TOO MANY ERRORS, THEN I'M GOING TO HAVE TO EXPLAIN TO YOU, WHY I HAVE ALL THESE COMPLIANCE ISSUE.
I THINK, TO ENSURE THAT WE ARE FOLLOWING ALL THE RULES THAT HUD HAS SET OUT FOR US AND THAT
[00:55:02]
THE INTERNAL AUDITORS HAVE SET OUT FOR US AND TRYING TO BE RESPONSIVE, IT'S REALLY ABOUT 30 DAYS.>> MY LAST QUESTION IS ABOUT THE HFCS AND THE PLCS.
YOU'VE OUTLINED IN HERE THAT WE HAVE 10 OWNED PROPERTIES, ABOUT A BILLION DOLLAR WORTH OF REAL ESTATE.
THE PFC IS YOU SAY 13 APPROVED AND 880 MILLION.
I WAS TRACKING OVER A BILLION OR ABOUT A BILLION.
I WAS WONDERING, CAN YOU SEND ME A SCHEDULE OF ALL OF THE PROPERTIES ADDRESS AND WHAT YOU BELIEVE THE FORGONE REVENUE IS FOR THAT.
BUT IS THERE A MAXIMUM NUMBER OF UNITS THAT YOU'RE LOOKING TO EXEMPT FROM PROPERTY TAXES AND IS THERE A MAXIMUM DOLLAR AMOUNT THAT YOU'RE SAYING THIS IS SUFFICIENT ANNUALLY OR OVERALL FOR OUR PORTFOLIO, OR YOU JUST WANT TO CLAIM AS MUCH AS YOU POSSIBLY CAN?
>> AS YOU'LL SEE IN THE NEXT PRESENTATION ON BOND, WE'RE SETTING SOME GOALS FOR HOW MANY UNITS WE BELIEVE ARE NEEDED.
>> BUT THE UNITS DON'T SPECIFY WHETHER THOSE ARE TAX EXEMPT OR NOT.
>> THE TAX EXEMPTION VERSUS NON TAX EXEMPTION IS JUST A MATTER OF THE TOOL THAT WE USE.
>> IT'S WAY MORE THAN THAT TO OUR BUDGET.
YOU'RE SAYING THAT'S JUST NOT A FACTOR YOU'RE CONSIDERING THIS TIME?
>> NO. THAT'S NOT WHAT I'M SAYING.
WHAT I'M SAYING IS DEPENDING ON THE AMI THAT WE'RE TRYING TO HELP, THE NUMBER OF UNITS THAT WE'RE TRYING TO IMPACT, EITHER I'M GOING TO COME BEFORE THE COUNCIL AND ASKED FOR A TAX EXEMPTION OR I'M GOING TO COME BEFORE THE COUNCIL AND I'M ASK FOR A 67 FIGURE FINANCIAL SUBSIDY.
WE CAN DO THE MATH AND FIGURE OUT WHICH ONE YOU PREFER, BUT THE HOUSING IS IN FREE.
THE CLOSEST WE'VE GOTTEN TO FREE SUBSIDIZED HOUSING IS OUR DENSITY BONUS PROGRAM.
>> THEN THIS WASN'T INCLUDED IN HERE.
>> THANK YOU. BUT THERE'S STILL HASN'T BEEN MAYBE YOU WERE THINKING IT WOULDN'T BE PART OF THIS PRESENTATION, BUT IT SEEMS LIKE WHAT'S MISSING FROM HERE, IS THERE STILL NOT AN ANSWER TO THE QUESTION OF WHAT'S HAPPENING WITH AUDITS? WHO'S GETTING THE AUDITS? ARE WE GOING TO GET THE AUDIT? WHO CAN APPROVE EXPENDITURES FROM PFC, DENSITY BONUS, ALL THESE DIFFERENT POTS OF MONEY THAT ARE NOT PART OF OUR BUDGET?
>> YES. THE AUDITOR IN PROCESS, THE RECORDING WILL BE PROVIDED ONCE WE RECEIVE THOSE.
WE DIDN'T RELEASE THE RFP AT AN OPPORTUNE TIME FOR THE AUDIT SERVICES BECAUSE IT WAS THE ACCOUNTING INDUSTRIES SEASONS.
SO WE'RE EXPECTING TO GET RESPONSES IN MAY SO THAT WE CAN PERFORM THAT FINANCIAL AUDIT.
ALL WE DO HAVE DAY-TO-DAY ACCOUNTING AND FINANCIAL STATEMENTS FOR EACH OF THE CORPORATIONS.
>> THE PFC CORPORATION BOARD OF DIRECTORS AND THE HSE CORPORATION'S BOARD OF DIRECTORS.
>> BUT THE BOARD OF DIRECTORS AND AREN'T NECESSARILY EVEN FINANCIAL PROFESSIONALS AND THEY'RE NOT ASSOCIATED WITH THE CITY OTHER THAN OUR APPOINTMENT, CORRECT?
>> RIGHT. THEN ARE THOSE FINANCIALS ROLL UP TO.
I KNOW IT'S NOT THAT THEY CHANGED THE ANNUAL FINANCIAL REPORT OF THE CITY.
>> WELL I'LL ASK ABOUT THAT LATER. THANK YOU VERY MUCH.
>> THANK YOU, MR. CHAIR. THANK YOU-ALL FOR THE PRESENTATION.
THERE IS NO QUESTION THAT HOUSING IS A PRIORITY FOR ME.
I THINK IT'S THE SAME THING FOR THE REST OF MY COLLEAGUES.
I'M GOING TO START OFF WITH, I DON'T THINK THERE'S ANY QUESTION THAT YOU ALL ARE UNDERSTAND OR FRUSTRATION WITH THE EXPEDIENCY WHEN IT COMES TO HOME REPAIR, HOME OWNERSHIP.
I KNOW IT'S DIFFICULT. I KNOW YOU ALL HAVE A LOT OF PROJECTS IN FRONT OF YOU.
IF THERE'S ANYTHING THAT WE CAN DO TO HELP YOU, I'LL PUT PLEASE DO LET US KNOW.
WHEN IT COMES TO FINANCIAL RESOURCES, WHAT WE WERE SEEING COME IN FROM THE CITY A COUPLE OF YEARS AGO, AND WHAT WE'RE SEEING NOW IS SUBSTANTIALLY MORE.
BUT A LOT OF THOSE ARE EITHER ONETIME DOLLAR OR DOLLARS THAT ARE STARTING TO DECREASE.
WHAT OTHER EFFORTS CAN WE DO AS A CITY OR AS COUNCIL MEMBERS TO ENSURE THAT GOVERNMENT ISN'T PEELING AWAY ALL THOSE DOLLARS THAT HAVE RECENTLY COME IN.
BECAUSE EVEN WITH THOSE DOLLARS BEING HIGHER, WE STILL AREN'T MEETING OUR GOALS AND WE'RE STILL GOING TO NEED MORE RESOURCE.
HOW ARE WE PLANNING FOR THE FUTURE WHEN WE KNOW WE MIGHT NOT HAVE THE DOLLARS THAT WE HAVE TODAY?
>> THAT'LL REALLY COME THROUGH THAT NEXT PRESENTATION WHERE WE'RE LOOKING FORWARD.
PART OF THE CHALLENGE THAT WE'RE UP AGAINST IS THAT
[01:00:04]
WE HAVEN'T DEVELOPED ENOUGH AFFORDABLE HOUSING OVER THE YEARS.THAT LACK OF INVESTMENT HAS COME BACK TO BITE US.
BECAUSE YOU HAVE COSTS THAT ARE GOING UP, YOU HAVE NEW RESIDENTS THAT ARE MOVING IN AND WE'RE PLAYING CATCH-UP.
>> COOL. WITH THAT, WHEN IT COMES TO ON PAGE 21 IN OUR LAND BANK PROGRAM, IT'S GREAT THAT WE'RE SELLING THESE PROPERTIES.
HOWEVER, DO WE HAVE A TIMELINE REQUIREMENT FOR INDIVIDUALS OR ORGANIZATIONS TO ACTUALLY CONSTRUCT A HOME ON THESE PROPERTIES OR ARE WE JUST ALLOWING THEM TO SIT ON THOSE PROPERTIES?
>> GOOD QUESTION. YES. WE HAVE TWO DIFFERENT PROGRAMS. THE LAND TRANSFER PROGRAM HAS A TWO-YEAR CLOCK FROM THE TIME THEY EXECUTE A CONTRACT TO A COMPLETE CONSTRUCTION.
THE LAND BANK PROGRAM HAS A FOUR-YEAR CLOCK.
THAT'S JUST THE WAY IT WAS SET UP.
YOU'LL SEE WHAT WE HAVE TO TRY TO DO IS MAKE SURE THAT BUILDERS ARE NOT BANKING A LOTS.
WE'RE NOT SELLING THEM ANY MORE LOTS THAN THEY CAN ACTUALLY BUILD OUT AT THIS POINT IN TIME.
THERE'S A LOT OF WATCHING AND NEGOTIATING THAT GOES ON SO THAT ANY ONE OF OUR BUILDERS WOULD LOVE TO HAVE OUR WHOLE INVENTORY AND WE CAN'T DO THAT.
THE CLOCKS ARE ONE THING, BUT THE NUMBER OF LOTS EACH BUILDER TAKES ON IS ANOTHER THING.
>> WITH THAT WHEN IT COMES TO ZONING, SHOULD WE BE MORE PROACTIVE ON THE ZONING AND CHANGING THAT TO ALLOW FOR MORE DENSITY AT THE FRONT END OR AT THE BACK END WHEN THE DEVELOPERS ALREADY BEEN SELECTED?
>> I THINK WHEN YOU ASK THAT QUESTION HOLISTICALLY, IT REALLY NEEDS TO BE ADDRESSED THROUGH FORWARDDALLAS BECAUSE WE REALLY NEED TO ASSESS AS A CITY, WHAT PARTS OF THE CITY ARE APPROPRIATE TO HAVE GREATER DENSITY, WHAT PARTS OF THE CITY REQUIRE MORE OPEN SPACE? I'LL TELL YOU THE CHALLENGE THAT WE HAVE WITH LAND BANK AND LAND TRANSFER IS THAT WE'RE DEALING WITH INFILL LOTS AND WHAT WE'LL FIND IS WE'VE GOT, RIGHT NOW I THINK WE'VE GOT ABOUT 50 LOTS THAT ARE ZONED COMMERCIAL AND REALLY NEED TO BE ZONED RESIDENTIAL, AND YOU GO THROUGH THE SAME LEVEL OF REVIEW AND TIME TO CHANGE ONE LOT AS YOU DO 18 ACRES, SO GATHERING SUPPORT FOR THESE ONE-OFFS WOULD BE HUGE SO THAT I'M NOT LEFT WITH 50 LOTS I CAN'T SELL.
>> THANK YOU. I'LL CLOSE WITH THIS ON THE HOME REPAIR PROGRAM, HAVING OVER 500 APPLICANTS.
I KNOW THAT I'VE BROUGHT THIS UP BEFORE IS WHEN WE HAVE INDIVIDUALS THAT APPLY, GO THROUGH THE PROCESS, TURN IN THEIR SUBMITTAL ON TIME, BUT THEY DON'T GET SELECTED.
SECOND YEAR, THEY APPLY AGAIN, DON'T GET SELECTED WHETHER FOR WHATEVER REASON.
IS THERE ANYTHING WE CAN DO TO GIVE INDIVIDUALS THROUGH A POINT SCALE SYSTEM THAT HAVE APPLIED PREVIOUSLY AND THEY MEET ALL THE QUALIFICATIONS.
WE JUST EITHER DON'T HAVE THE RESOURCES, WE DON'T HAVE THE CAPACITY TO ASSIST THEM.
BUT YET WE HAVE INDIVIDUALS THAT ARE APPLYING FIVE YEARS.
THEN SOMETIMES WE HAVE INDIVIDUALS THAT APPLY THE VERY FIRST TIME AND THEY GET THE ASSISTANCE THAT THEY NEED, AND SO I JUST REALLY HAVE A HEART ACHE WHEN WE'RE ASKING INDIVIDUALS, ESPECIALLY OUR SENIORS TO APPLY FOR TAKING THE TIME AND EFFORT TO DO IT YEAR AFTER YEAR AND THEY JUST SEEM THAT THEY WERE NEVER ABLE TO MAKE IT TO THE LIST.
>> YES. WE TOOK A DIFFERENT APPROACH WITH A SENIOR HOME REPAIR APPLICATIONS, SO WE PROPOSE TO YOU GUYS THAT WE WERE WORKING ON A LOTTERY PROCESS.
IN THAT LOTTERY PROCESS, WHEN WE ACCEPT THE APPLICATIONS, WE DIDN'T TAKE AN ENTIRE APPLICATION.
WE NARROW THAT DOWN TO A FEW COMPONENTS, WHICH ALLOWED US TO EXTEND THAT PERIOD OF WHEN THAT APPLICATION IS VALID.
IN THAT SAME VEIN, WE'RE ALSO IDENTIFYING OTHER OPPORTUNITIES FOR THOSE HOMEOWNERS, SO THAT INCLUDES TITLE CLEARING, THAT INCLUDES THE LEAD PROGRAM, OR ANY PROGRAM THAT MAY BECOME AVAILABLE IN THAT TIME PERIOD, AND IT ALSO DOES NOT STOP THEM FROM APPLYING FROM A DIFFERENT PROGRAM.
WE'RE TRYING TO FIND UNIQUE WAYS TO EXTEND THAT PERIOD FOR THEM.
BUT IT IN THE DAY, FUNDING IS LIMITED AND SO WE CONTINUE TO HAVE THAT COMMUNICATION WITH THEM ON A REGULAR BASIS.
>> I SAID I WOULD CLOSE BY, I WOULDN'T MORE.
WHEN IT COMES TO OUR UPCOMING BOND,
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HAVE YOU ALL STARTED PRIORITIZING HOW YOU ALL WOULD RECOMMEND FOR US TO PRIORITIZE? [OVERLAPPING]>> YES, THAT'LL BE THE NEXT BRIEFING.
>> THANK YOU. I'M GOING TO TAKE A DIFFERENT APPROACH.
I THINK EVERYBODY'S GONE IN THE WEEDS, BUT I WANT TO GO BACK UP A LITTLE BIT.
DID WE NOT ADOPT A VISION STATEMENT?
>> YES, A VISION STATEMENT WAS PART OF OUR DALLAS HOUSING POLICY 2033.
>> I GUESS BECAUSE I COME FROM THE MIKE RAWLINGS TRYING TO SOLVE [LAUGHTER] VISION STATEMENTS, STRATEGY TACTICS, AND WHAT I'M SEEING HERE IS GREAT WORK.
BUT I DON'T KNOW IF IT'S GETTING US TO OUR VISION.
I THINK THAT'S WHAT WE HAVE TO ANALYZE.
BECAUSE, WHY GO THROUGH THE EXERCISE OF DOING A VISION IF WE'RE NOT GOING TO CREATE STRATEGIES, SPUN THOSE STRATEGIES THAT GIVE YOU TACTICS? MY THING IS WE NEEDED TO START.
WHAT IS OUR VISION? WHAT IS OUR STRATEGY TO GET TO THAT VISION? HOW ARE WE GOING TO GET THERE? THEN YOU COME TO US AND SAY HOW MUCH MONEY WE WANT AND NEED.
BECAUSE I'M GOING IN AND IT SEEMS LIKE WE ADD NEW INITIATIVES TO YOUR DOCKET.
BUT ARE THOSE INITIATIVES ACTUALLY GETTING US TO THE FINISH LINE? THAT'S WHERE THE ESSENCE OF STRATEGY IS SACRIFICE.
YOU HAVE TO PRIORITIZE AND YOU HAVE TO FUND THE ONES THAT GET YOU THERE AND WE AS A BODY HAVE TO THINK THAT WAY BECAUSE OTHERWISE WE'RE JUST NIBBLING AT THE EDGES, AND THEN WHEN WE GO TO ASK FOR MORE MONEY, PEOPLE ARE GOING TO GO, WELL, WHERE ARE YOUR PROOF POINTS? I'M NOT INDENTING ON ANYBODY.
I'M JUST THINKING MAYBE WE AS A CITY AND AS A COUNCIL, NEED TO THINK ABOUT THINGS DIFFERENTLY.
BECAUSE IF WE'RE GOING TO ASK YOU GUYS TO PUT A VISION ON PAPER THEN WE NEED TO STICK TO THAT VISION, OTHERWISE, THE VISION IS WRONG.
THAT'S WHAT I'M THINKING BECAUSE ALL I'M SEEING ARE POSITIONS AND TASKS, AND SO IT'S LIKE I WANT TO KNOW, ARE WE HITTING THOSE ITEMS?
>> A COUPLE OF POINTS THAT YOU'RE MAKING.
THE PURPOSE OF THIS PRESENTATION WAS TO GIVE YOU THE STATE OF WHERE WE ARE TODAY.
LET'S LOOK AT THE DIFFERENT PROGRAMS THAT YOU'VE APPROVED.
LET'S LOOK AT THE RESOURCES THAT YOU'VE APPROVED, AND WE'LL SHOW YOU WHAT WE'VE ACCOMPLISHED WITH THOSE RESOURCES.
TO YOUR POINT ABOUT THE VISION, THE STRATEGY, AND TACTICS, THAT'S REALLY A NEGOTIATION.
THAT REALLY IS A COMMUNICATION THAT WE HAVE TO HAVE WITH EACH AND EVERY ONE OF YOU, SO THAT WHEN IDEAS COME ONLINE, WE CAN OFFER THOUGHTS ON WHAT ALIGNS WITH THE ADOPTED VISION AND STRATEGY.
OR MAYBE IT DOESN'T, AND I'LL TELL YOU, WE HAVE THIS CONVERSATION A LOT.
DO WE REALLY NEED ANOTHER ONE OF THESE, OR SHOULD WE LOOK AT SUPPORTING SOMETHING THAT WE ALREADY HAVE?
>> MY HOPE IS THAT UNDER THE NEW HOUSING POLICY, WHEN WE'RE ABLE TO IDENTIFY THOSE TARGET AREAS FOR INVESTMENT, THAT WE CAN HAVE CONVERSATIONS AROUND, WHAT DO THOSE AREAS NEED? ARE THESE NEW IDEAS AND FUNDING SOURCES ALIGNED WITH WHAT WE'RE TRYING TO ACCOMPLISH IN THOSE AREAS? I THINK THAT'S SOMEPLACE THAT WE WANT TO MOVE TOWARDS.
BUT UP UNTIL NOW, YES, WE HAVE USED A SCATTERED APPROACH BASED ON THE LIMITATIONS OF THE FUNDING AND THE DESIRE OF THE [OVERLAPPING].
>> COUNCIL ON WHAT'S A PRIORITY.
>> I'M HOPING THAT MAYBE WE GET TO THAT POINT NOW THAT WE DO HAVE A VISION STATEMENT, AND THEN WE CAN HOLD EACH OTHER ACCOUNTABLE; STAFF AND COUNCIL AND THE PUBLIC.
BUT YOU'RE RIGHT, IT'S LIKE $200,000 IN A BIG POT OF NEED.
DOESN'T GO FAR, ESPECIALLY IN THIS DAY AND AGE WHEN YOU'VE GOT MATERIALS AND TIME.
I'M CHALLENGING YOU GUYS TO THEN CHALLENGE US TO REMIND US THAT, HEY, WE'VE ADOPTED THIS NORTHSTAR AND WE HAVE THESE GUIDING PRINCIPLES, SO THIS IS WHAT IT'S GOING TO TAKE TO GET THERE.
WE'VE HIRED JOLLY OTHER PROFESSIONALS, SO WE'VE BEEN WORKING REALLY HARD ON ALL THIS.
I KNOW YOU ALL WANT TO SEE THE NEEDLE MOVE BECAUSE IF WE WANT MORE HOUSING, THEN WE'RE GOING TO HAVE TO REALLY GO DEEP AND HARD.
IT'S GOING TO BE A SCALPEL VERSUS A SHOTGUN.
IT'S GOING TO BE A RIFLE APPROACH,
[01:10:01]
AND IT'S GOING TO BE WITH INTENSE, AND IT'S GOING TO BE VERY THOUGHTFULLY PLANNED OUT BECAUSE WE'RE GOING TO NEED VOTERS TO SUPPORT A BIG BOND IF WE REALLY WANT TO MOVE THIS NEEDLE.BUT WE'RE GOING TO HAVE TO GIVE THEM A PLAN THAT SHOWS TIMELINES BECAUSE THEY ARE INVESTORS, THEY'RE NOT GOING TO GIVE US THE MONEY UNLESS WE GIVE THEM A REASON TO.
I THINK IT'S TIME THAT WE HAVE THAT AND START WORKING THAT WAY.
I'M CHALLENGING YOU GUYS TO HELP US GET THERE BECAUSE I DO THINK IT'S TIME THAT WE DO THIS.
THAT'S ALL. I DIDN'T WANT TO GO DEEP INTO THE DETAILS BECAUSE YOU ALL ARE ALL WORKING HARD.
WE'RE GIVING YOU LESS TO DO MORE AND IT IS A DAUNTING TASK.
BUT I THINK IT'S TIME THAT WE REALLY GET SERIOUS ABOUT THIS.
WE'RE GOING TO HAVE TO MAKE HARD DECISIONS AND THAT'S OKAY.
BUT IT'S BECAUSE THE NEED IS THERE.
>> THANK YOU. I WAS LOOKING TO SEE IF THERE WAS AN ATTORNEY HERE, BUT I'M NOT GOING TO DRAG YOU ALL BACK.
THERE WAS A STATEMENT MADE ABOUT AFFORDABLE HOUSING, A BACKLOG, AND SO THE QUESTION I HAVE GOES ACTUALLY GOES BACK TO PROBABLY 2015 WHEN I HEARD THAT WE WERE 20,000 UNITS BEHIND IT HOUSING AND THEN I'M STILL HEARING THE SAME AMOUNT TODAY.
BUT WHAT I CAME IN ON WAS THE QUANDARY BEHIND THE WALKER DECREE.
THE WALKER DECREE, PART OF MY UNDERSTANDING THAT IT HAS TO DEAL WITH IN A NUTSHELL, AND THAT'S WHY I NEED THE ATTORNEYS HERE TO GIVE ME STRAIGHT, TRYING TO INTEGRATE THOSE COMMUNITIES, PARTICULARLY WITH THE HIGH OPPORTUNITY AREAS WITH OUR AFFORDABLE HOUSING.
BECAUSE WHAT WAS HAPPENING IN THE SOUTHERN SECTOR IS WE WERE BEING SATURATED WITH QUOTE, AFFORDABLE HOUSING TO THE POINT WHERE IT BEGAN TO CONTINUE TO PERPETUATE THE CYCLES OF SEGREGATION AND NOW THAT'S WHAT I HEARD.
NOW, IS THERE AN ATTORNEY WHO CAN SPEAK TO THAT? BECAUSE WHAT I REALLY WANTED TO KNOW, IF THERE'S NOT AN ATTORNEY HERE AND PERHAPS WE CAN FOLLOW UP ON THIS IS, HAVE WE MADE ANY INROADS IN TERMS OF THE NUMBERS OF ROOFTOPS THAT AFFORDABLE HOUSING IN THE NORTHERN PART OR LET ME PUT IT THIS WAY, IN THE HIGH OPPORTUNITY AREAS? HAVE WE MADE ANY INROADS AND PUTTING ROOFTOPS FOR AFFORDABLE HOUSING IN THOSE AREAS?
>> GOOD QUESTION. LET ME TRY TO UNRAVEL THAT.
WHEN YOU SPEAK TO THE WALKER DECREE, ESSENTIALLY WHAT YOU'RE SPEAKING TO IS CONCENTRATIONS OF POVERTY.
A LOT OF THE ACTIVITIES THAT YOU'VE SEEN US DO UNDER THE TC BROADNAX ADMINISTRATION IS TO BREAK UP THOSE CONCENTRATIONS OF POVERTY.
SO YOU SEE US BRINGING MARKET-RATE HOUSING TO AREAS THAT HAVE HIGH CONCENTRATIONS OF POVERTY AND YOU SEE US BRINGING AFFORDABLE HOUSING TO HIGH-OPPORTUNITY AREAS.
YOU'LL SEE A LOT OF THE ACTIVITY THAT WE'VE DONE WITH OUR PUBLIC FACILITY COOPERATION, WITH OUR HOUSING FINANCE CORPORATION HAS BEEN TO BRING PROJECTS TO HIGH-OPPORTUNITY AREAS.
IN SOME OF THE HIGH-POVERTY AREAS, IT'S NOT ENOUGH TO JUST BUILD HOUSING, BUT WE HAVE TO INVEST IN INFRASTRUCTURE, WE HAVE TO INVEST IN QUALITY-OF-LIFE FACTORS TO IMPROVE OVERALL COMMUNITIES SO THAT PEOPLE ACTUALLY WANT TO BE THERE.
IF YOU HAVE THE RESOURCES AND YOU CAN PICK AND CHOOSE WHERE YOU WANT TO GO, ODDS ARE YOU'RE NOT GOING TO PICK A PLACE THAT HAS A LOW QUALITY OF LIFE.
>> I THINK TO BE JUST MORE DIRECT FOR WHAT COUNCIL WOMAN BLACKMON ALLUDED TO FOR MY CONSTITUENTS, WE'RE SEEING A PUSHBACK ON THE CONCENTRATION.
BECAUSE WHEN YOU GET TO SOME OF OUR DISTRICTS, I'LL SPEAK IN GENERAL TO MAYBE FOUR, THE MARKET IS THE MARKET.
YOU CAN'T MAKE THE MARKET BE WHAT'S IN NORTH DALLAS THE SAME RATE HERE IN THIS INDUSTRY FOR.
BUT WHAT WE'RE STRUGGLING WITH IS WE DON'T WANT TO SEE THIS SATURATION, BUT WHAT WE WANT TO SEE IS AN EQUALIZATION IN TERMS OF THE NORTH, EAST, WHEREVER THOSE STRONGHOLDS OR HIGH OPPORTUNITY AREAS ARE, WHAT I NEED FROM YOU IS UNITS THAT HAVE BEEN PLACED IN THOSE AREAS.
I WOULD SAY SINCE 2020, I WOULD LIKE TO SEE THOSE NUMBERS.
THE NEXT QUESTION IS, IS IT OFTEN DEPENDENT UPON THE COUNCIL MEMBER TO EMBRACE THESE AFFORDABLE HOUSING CONVERSATIONS WITH AFFORDABLE HOUSING DEVELOPERS AND TO BE A STRONG ADVOCATE IN THEIR COMMUNITIES?
>> IT COUNCIL IT'S REALLY A COMBINATION OF FACTORS, RIGHT? THE COUNCIL VOTES AS A WHOLE ON A PROJECT.
[01:15:01]
OUR STAFF WORK WITH DEVELOPERS ON A DAILY BASIS, ANALYZING OPPORTUNITIES, WHERE IS LAND AVAILABLE, WHERE CAN EXISTING PROJECTS BE RETROFITTED OR REHABILITATED IN ORDER TO ACCOMMODATE THIS.THERE'S NO ONE SIZE FITS ALL, BUT I WILL TELL YOU THAT THERE HAS BEEN A CONCERTED EFFORT TO BRING AFFORDABLE HOUSING TO HIGH-OPPORTUNITY AREAS, TO BRING MARKET-RATE HOUSING TO HIGH-POVERTY AREAS SO THAT WE ARE ACTIVELY BUILDING MIXED-INCOME COMMUNITIES ACROSS THE CITY.
>> WHAT I NEED FOR THE GROUP THAT CONTINUES TO WRITE ME AND TO CONTINUE TO PUSH FOR MY ADVOCACY, I WOULD LIKE TO GET YOU ALL TO GET WITH ME TO GIVE ME THIS INFORMATION ON THESE HIGH-OPPORTUNITY AREAS TO SEE HOW MUCH PROGRESS WE'VE MADE SINCE 2020 IN PLACING THOSE UNITS IN THOSE AREAS WHERE THERE ARE HIGH OPPORTUNITY.
BECAUSE YOU ALSO HAVE TO UNDERSTAND IF YOU PUT THE HOUSING THERE, WHAT WE DON'T WANT TO SEE IS ONE OF THOSE GOT YOU SITUATIONS WHERE YOU PLACED THE UNITS THERE AND THEN THEY CAN'T AFFORD TO GET THEIR CLOTHES CLEAN, THEY CAN'T AFFORD TO PUT A GAS IN THEIR CAR, THEY CAN'T AFFORD IT BECAUSE IT IS IN THAT AREA OF GOT YOU.
WE LET YOU ALL COME OVER HERE BUT IT'S ALL ABOUT A GOT YOU SITUATION.
IF YOU WOULD GET THAT INFORMATION TO ME, HOW MANY UNITS HAVE BEEN PLACED IN THESE HIGH-OPPORTUNITY AREAS.
THEN ALSO I THINK AS WE CONTINUE TO ROLL OUT, I'M GOING TO PUT OUT A REQUEST JUST FOR DEVELOPERS AND BUILDERS TO FEED BACK TO MY OFFICE.
IF THEY HAVE THOSE THAT PUSH BACK ON SOME OF THESE HIGH OPPORTUNITY AREAS WHERE THEY'RE TRYING TO GO AND BECAUSE OF MAYBE THE COUNCIL MEMBER OF THAT COMMUNITY, THEY CAN'T GET THERE.
I'VE SEEN THAT IN ONE DISTRICT IN PARTICULAR WHERE IT WAS ALMOST AS IF WE HAD RETURNED TO THE '50S IN TERMS OF NOT WANTING A PROJECT IN THAT NEIGHBORHOOD.
SO I HAD TO ENDURE THOSE COMMENTS AND THAT AGGRESSIVE BEHAVIOR, BUT IF WE'RE GOING TO PUSH THOSE HOMES OUT, WE NEED TO MAKE SURE WE'RE ADDRESSING IN INCLUDING AND HOLDING STRONG TO THIS PRINCIPLE THAT MOST OF US SIGNED ON, I THINK ALL OF US DID, ON EQUITY.
EQUITY IS UNCOMFORTABLE FOR SOME, BUT IF WE'RE GOING TO GET OFF THIS CONVERSATION ABOUT WHY DON'T WE HAVE ENOUGH, WE NEED TO ROLL IT ALL THE WAY DOWN AND I THINK YOU ALL SAY TAKE A DEEP DIVE TO SEE WHAT'S ACTUALLY GOING ON, TO SEE IF WE ARE NOT REPEATING WHAT WE HAVE COMMITTED TO FIGHTING, WHICH IS SYSTEMIC RACISM.
IT JUST COMES UP A DIFFERENT WAY.
IT JUST LOOKS A LITTLE BIT DIFFERENT, BUT IT'S STILL THE SAME THING.
IT MAY BE WEARING A DIFFERENT COLOR, DRESS A DIFFERENT COLOR OF HAIR, MAYBE DIFFERENT OUTFIT, BUT THE PIG IS STILL THE PIG IF HAS LIPSTICK ON A DIFFERENT COLOR LIPSTICK IS STILL THE SAME.
SO WHAT WE NEED TO KNOW SPECIFICALLY IS THE DATA THAT SHOWS THAT WE HAVE MADE PROGRESS IN THE HIGH OPPORTUNITY AREAS WITH THE HOUSING.
I WON'T GET THE PUSH BACK AS MUCH AS YOU STATED ON THE BOND PACKAGE FROM FOLKS WHO SAY, LOOK, WE WANT QUALITY HOUSING HERE IN THE SOUTHERN SECTOR, PARTICULARLY IN DISTRICT 4.
WE KNOW WE'VE GOT TO DO AFFORDABLE, BUT WE ALSO WANT MARKET RATE AS WELL.
SO I DIDN'T WANT TO MAKE SURE I PUT THAT ON THE TABLE FOR THE GROUP THAT CONTINUES TO ASK US, WHY ARE WE ALWAYS AT THE OUTSIDE OF THE DOOR ASKING FOR MORE IN TERMS OF QUALITY.
I APPRECIATE ALL YOUR WORK, THE PRESENTATION HAS BEEN GREAT.
I CAN'T TELL, MR. BROWN, IS THAT YOU MR. BROWN? THANK YOU.
LAST THING I WANTED TO SAY, CHAIR AND I ATTENDED, YOU DID TOO, THE HOUSING FORUM WITH MERAB.
I'M STILL PUZZLED AND WE'RE GOING TO WORK ON THAT.
MR. BROWN, I THINK I STATED THAT.
WE'VE GOT TO GET THE BLACK REALTORS IN THIS CONVERSATION AROUND HOUSING DEVELOPMENT, PROMOTION OF HOUSING, AND SO I CHALLENGE YOU TODAY TO MAKE SURE BEFORE YOU LEAVE HERE TODAY THAT YOU HAVE THE INFORMATION THAT YOU NEED AND WE'RE GOING TO CONTINUE TO WORK TO SEE HOW WE CAN STRENGTHEN THAT RELATIONSHIP SO THAT YOU COME HERE UNDERSTANDING WHAT WE NEED YOU TO DO TO BE A PARTNER OR TO HELP US WITH OUR POLICIES AND HOPEFULLY WE CAN GET YOU ON BOARD VERY SOON IN TERMS OF THAT INTEGRATION OF BOOTS.
WHETHER THE NEW WORDS I LEARNED, REALTIST AND A REALTOR, SO THEY WERE ABLE TO ADVANCE THE CAUSE OF HOUSING. THANK YOU, CHAIR.
>> THANK YOU. WE'VE HAD THIS CONVERSATION NOW FOR ABOUT HOUR AND 20 MINUTES.
ANYONE ELSE HAVE ANYTHING THAT THEY HAVE TO BRING UP THAT THEY CAN DISCUSS ONE-ON-ONE AND SAY? IS ANYBODY ONLINE? WELL, THANK YOU VERY MUCH.
[01:20:02]
I APPRECIATE YOUR HARD WORK AND YOUR COMMITMENT AND HOPEFULLY, THIS IS ENCOURAGING TO YOU. NEXT BRIEF.>> THANK YOU CHAIRMAN. THANK YOU COMMITTEE FOR THE OPPORTUNITY TO SHARE WITH YOU OUR BOND BRIEFING.
CAN YOU HEAR ME? YOU MAY RECALL THAT WHEN WE PRESENTED THE DALLAS HOUSING POLICY 2033 IN MARCH, WE MENTIONED THAT WE WERE GOING TO BE COMING BACK TO THE COMMITTEE TO BRIEF YOU ON THE STAFF'S RECOMMENDATION FOR THE 2024 BOND, THAT'S REALLY WHAT WE HAVE FOR YOU HERE TODAY.
I'LL JUST GIVE YOU A BRIEF OVERVIEW. NEXT SLIDE, PLEASE.
WE'LL GIVE YOU SOME OF THE BACKGROUND ON HOW WE ARE UNDERSTANDING THE HOUSING NEEDS THAT ARE PRESENT IN THE MARKET.
WE'LL LOOK AT HOW PAST BONDS WERE USED, WE'LL FORECAST ON WHAT WE THINK CAN BE ACCOMPLISHED WITH FUTURE FUNDING, AND WE'LL LOOK AT HOW COMPARABLE CITIES, OTHER CITIES THAT ARE ALLOCATING BONDS FOR HOUSING, HOW THOSE FUNDS ARE BEING USED.
THEN WE'LL TAKE A LOOK AT THE ALIGNMENT WITH THE DALLAS HOUSING POLICY AND WHAT WE'RE HOPING TO ACCOMPLISH THERE.
AS WE MENTIONED BEFORE, $400 MILLION, NOT JUST IN BOND FUNDING, BUT BETWEEN BOND FUNDS, THE REVENUES THAT YOU SEE BEING GENERATED BY THE CO-OPERATIONS, BY THE FEE IN LIEU FUNDS THAT ARE COMING ONLINE, AND EVEN GENERAL FUNDS IS ROUGHLY THE NUMBER THAT WE'RE TRYING TO GET TO REALLY MAKE THIS IMPACT RATHER THAN THAT SCATTERED APPROACH THAT YOU HEARD COUNCILMAN BLACKMON SPEAK ABOUT EARLIER.
IF WE'RE TRYING TO MAKE THIS IMPACT, AND WE'RE TRYING TO INVEST NOT JUST IN RENTAL HOUSING, BUT ALSO FOR SALE HOUSING, THIS IS REALLY THE NUMBER WHERE WE WANT TO GET TO.
NEXT SLIDE, PLEASE. WE'VE COME TO YOU BEFORE, WE'VE SHOWN YOU A VARIETY OF REPORTS.
THIS IS THE ONE THAT WE FOUND MOST CONFIDENCE IN UP FOR GROWTH.
THEY SPEAK TO THE NEED FOR THE COST BURDENING FACTORS THAT WE HAVE HERE IN DALLAS-FORT WORTH, AND BASED ON THEIR NUMBERS AS OF 2019, WE'RE ABOUT 85,000 UNITS SHORT IN DFW.
OUR ROUGH GOAL FOR THE CITY OF DALLAS IS 100,000 UNITS THAT WE WANT TO MAKE AFFORDABLE, THAT WE WANT TO IMPACT OVER THE NEXT 10 YEARS.
NEXT SLIDE. LET'S LOOK AT SOME OF THE BACKGROUND ON WHERE THESE NUMBERS ARE COMING FROM AND WHAT WE'RE SEEING AS THE NEED.
A FEW THINGS THAT YOU SHOULD KNOW.
WE'VE GOT 587,000 SINGLE-FAMILY AND MULTI-FAMILY UNITS THAT WERE BUILT PRIOR TO 1980.
MANY OF THESE, IF YOU LOOK AT JUST DCAD, YOU SEE ROUGHLY 25,000 PLUS ARE RATED AS BEING FAIR TO POOR CONDITION.
WHEN YOU SEE A LOT OF FOLKS WHO ARE LINING UP FOR OUR HOME REPAIR PROGRAMS, WHEN YOU SEE DEVELOPERS LOOKING TO PARTNER WITH US ON MULTI-FAMILY PROJECTS, IT'S BECAUSE WE HAVE TO UPLIFT OUR HOUSING STOCK.
OUR CURRENT HOUSING STOCK IS DATED.
OUR PROPERTY OWNERS ARE LOWER INCOME OR THE RENTS ARE TOO LOW TO MAINTAIN THOSE PROPERTIES, SO WE'VE GOT TO BE ABLE TO INVEST IN IT TO BRING IT UP TO PAR.
IF YOU LOOK AT THE NUMBER OF COMPLETIONS THAT WE'VE HAD JUST AS A CITY, NOT THE HOUSING DEPARTMENT SPECIFICALLY, BUT WHAT THIS FOURTH BULLET SHOWS YOU 4,714 UNITS.
THIS IS COMING FROM DEVELOPMENT SERVICES.
THESE ARE THE NUMBER OF COMPLETIONS THAT WE'VE HAD ACROSS THE CITY.
IF YOU LOOK AT THOSE PERMITS THAT HAVE BEEN PULLED, JUST IN '21, '22, IT'S UP TO OVER 11,000.
WE KNOW HELP IS ON THE WAY, NEW UNITS ARE COMING ONLINE, BUT WE'RE NOT THERE YET. NEXT SLIDE.
NOW LET'S TALK ABOUT THIS COST BURDENING FACTOR.
WHAT DO WE MEAN BY THAT? WELL, ACROSS DFW USING HUD'S DATA,
[01:25:04]
THE MEDIAN INCOME IS ABOUT 97,400.HOWEVER, THE AVERAGE MEDIAN SALES PRICE FOR HOMES ABOUT 373 ACROSS DFW, AND TO AFFORD A HOME AT 373,000, YOUR INCOME NEEDS TO BE AROUND $130,000.
THAT'S A GAP OF MORE THAN $30,000.
HOW DO WE FILL THOSE GAPS? WITH MORTGAGE RATES INCREASING ACTIVELY QUARTER BY QUARTER, YOU SEE THAT 373 BECOMING LESS AND LESS ACCESSIBLE BECAUSE THE DOLLAR IS AND GOING AS FAR AS IT USED TO.
NEXT SLIDE, PLEASE. WE LOOK AT THE POVERTY RATE.
IT'S GREAT TO SEE THAT POVERTY IS DECREASED FROM 2016-2021, BUT THE POVERTY RATE FOR FAMILIES IN DALLAS IS STILL HIGHER THAN THE REGION AT SOME 6.1%.
WE'VE GOT A DISPROPORTIONATELY WORSE LEVEL OF HOUSING STOCK AND MEANING OUR HOUSING IS IN THAT FAIR TO POOR CONDITION.
WE'VE GOT OVERCROWDING PROBLEMS. WE'VE GOT LOWER VACANCY RATES.
THEN YOU MIGHT SEE IN OTHER PARTS OF TOWN, FOLKS WANT TO BE HERE.
FOR OUR MINIMUM WAGE EARNERS, THE NUMBER OF JOBS THAT THEY HAVE TO WORK JUST TO BE ABLE TO AFFORD HOUSING THAT'S AVAILABLE, IS OFTEN INACCESSIBLE TO THEM.
THEY HAVE TO WORK MULTIPLE JOBS JUST TO BE ABLE TO AFFORD APARTMENTS IN DALLAS.
THEN YOU LOOK AT THE NUMBER OF LOW AND MODERATE INCOME HOUSEHOLDS.
WE'VE GOT ABOUT 134,000 THAT ARE EARNING LESS THAN $75,000 A YEAR, MEANING THAT THEY ARE SPENDING MORE THAN 30% OF THEIR INCOME ON HOUSING BECAUSE OF WHAT IT COSTS IN DALLAS.
NEXT SLIDE, PLEASE. IF WE LOOK AT MIGRATION PATTERNS, WHAT WE SEE IS THAT OUR LOCALS, THE FOLKS WHO ARE FROM DALLAS THAT HAVE BEEN HERE A LONG TIME ARE MOVING OUT OF OR HAVE BEEN MOVING OUT OF THE MAJOR CITIES.
IN THEIR PLACE ARE A LOT OF NEW MIGRANTS.
THEY ARE COMING TO DFW FROM LOS ANGELES, SAN FRANCISCO, NEW YORK, CHICAGO, DC.
A LOT OF THIS DATA WAS TAKEN DURING THE PANDEMIC.
WHILE WE SAW THIS DISBURSEMENT OF POPULATION FROM THE URBAN CENTERS WE'RE EXPECTING THAT TO CHANGE AS THE PANDEMIC HAS NOW COME TO AN END, SORRY.
PANDEMIC HAS COME TO AN END AND FOLKS ARE REALIZING THE NEED TO BE IN THE URBAN AREAS AGAIN.
THE NEXT SLIDE REITERATES THIS POINT ABOUT OUR POPULATION.
YES, WE'VE SEEN POPULATION DECLINES IN DALLAS.
SOME OF YOU HAVE SPOKEN ABOUT THAT, BUT WE EXPECT TO SEE THESE NUMBERS GOING UP IN THE NEAR FUTURE. NEXT SLIDE, PLEASE.
THIS IS AN INTERESTING FACTOR.
SOME OF YOU SPEAK TO THIS BECAUSE YOU SEE IT HAPPENING IN YOUR DISTRICTS.
THE AGE 65 AND OVER COHORT IS GROWING.
WE KNOW THAT WE HAVE TO BE ABLE TO PROVIDE MORE HOUSING FOR SENIORS ACROSS THE CITY, REGARDLESS OF INCOME.
HOMELESS POPULATION IS ALSO GROWING.
THOSE AT THE LOWEST END OF THE INCOME SPECTRUM, AND WE'VE GOT TO CONTINUE TO SEE HOW WE ARE GOING TO SUPPORT THOSE HOUSEHOLDS.
NEXT SLIDE. LET'S LOOK AT WHAT WE'VE DONE WITH PAST BONDS.
IN 2006, THE HOUSING DEPARTMENT RECEIVED ABOUT $20 MILLION IN BOND FUNDING THROUGH THAT ROUND OF BONDS.
2012, IT WAS AROUND 23 MILLION.
THE HOUSING DEPARTMENT DIDN'T RECEIVE A DIRECT ALLOCATION.
THERE WAS A SHARED PROPOSITION I, WHICH WAS BETWEEN HOUSING AND ECONOMIC DEVELOPMENT,
[01:30:02]
BUT IT WAS LARGELY DISCRETIONARY FUNDS.THE NUMBERS THAT YOU SEE LAID OUT HERE ARE THOSE FUNDS THAT WERE ALLOCATED TO HOUSING TO CARRY OUT PROJECTS.
IF YOU LOOK ACROSS THE LAST THREE BONDS, 2006, 2012, 2017, THESE THREE DIFFERENT BONDS HAVE HELPED US GET TO JUST UNDER 1,000 UNITS.
WHEN WE TALK ABOUT, WE'RE BEHIND, WE'RE PLAYING CATCH UP IN THE NUMBER OF UNITS THAT WE NEED, PART OF IT IS BECAUSE WE HAVEN'T MADE THOSE INVESTMENTS JUST IN THE LAST THREE BONDS.
NEXT SLIDE. WE HAVE HERE FOR YOU AN EXAMPLE OF A PROJECT FROM THE 2006 BOND.
THIS IS A BEXAR STREET REDEVELOPMENT.
IT FOCUSED ON NEW CONSTRUCTION FOR 13 TOWN HOMES.
IT USED A COMBINATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, HOME FUNDS, AND BOND FUNDS FOR A TOTAL OF 7.3 MILLION.
NEXT SLIDE, 2012 BOND, PALLADIUM REDBIRD.
THIS IS ONE OF THE PROJECTS THAT WE WON AN AWARD FOR.
IT'S A SIMILAR COMBINATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, HOME FUNDS, BOND FUNDS.
THIS WAS A TAX CREDIT PROJECT.
THIS PRODUCED AROUND 300 MULTIFAMILY UNITS.
NEXT SLIDE, PLEASE. THE 2017 BOND.
YOU SEE SOME OF THOSE FUNDS HAVE BEEN USED TO DO THE ARM TO REDEVELOP THE BOTTOM DISTRICT.
MOST OF OUR INVESTMENTS HAVE GONE INTO THE STREET, INTO IMPROVING THE INFRASTRUCTURE WITH THE DEVELOPERS USING THEIR MONEY TO DO THE VERTICAL DEVELOPMENT, BRINGING THE NEW HOMES ON BOARD.
RIGHT NOW WE'VE GOT SOME 20 SOMETHING NEW HOMES THAT HAVE BEEN BUILT OUT IN THAT AREA, AND AS WE WORK OUR WAY THROUGH THE NEIGHBORHOOD, I EXPECT THOSE NUMBERS WILL CONTINUE TO RISE BECAUSE WE'RE PULLING MORE OF THOSE LOTS OUT OF THE FLOODPLAIN AND WE'RE MAKING THE AREA MORE ENTICING TO HOME BUYERS, THAT WANT TO LIVE THERE.
NEXT SLIDE. I'M GOING TO SPEND A LITTLE BIT MORE TIME ON THIS SLIDE JUST BECAUSE I THINK THIS IS PROBABLY WHAT'S MOST IMPORTANT TO YOU FROM A FORECASTING PERSPECTIVE.
WE TALKED ABOUT THE IMPORTANCE OF MIXED INCOME DEVELOPMENTS.
TO THE LEFT, IF YOU LOOK AT THE COLUMN LABELED DEVELOPMENT FUNDING, GRANTS, AND GENERAL FUNDS, $20 MILLION IS ABOUT WHAT WE RECEIVE ANNUALLY BETWEEN OUR FEDERAL GRANTS, OUR GENERAL FUNDS TO CARRY OUT THIS WORK.
I'M NOT TALKING ABOUT ADMINISTRATIVE DOLLARS THAT PAY STAFF, I'M TALKING ABOUT DOLLARS THAT ARE USED TO FUND PROJECTS.
THIS PROJECTION ASSUMES THAT THOSE DOLLARS REMAIN FLAT FOR THE NEXT 10 YEARS.
IF THAT'S THE CASE, BETWEEN NOW AND 2033, THAT GENERATES ABOUT $200 MILLION.
AS YOU MOVE OVER TO THE BONDS THAT ARE REQUESTED, WE'RE RECOMMENDING THAT THE 2024 BOND ALLOCATE $150 MILLION IN FUNDING FOR HOUSING.
WE'RE RECOMMENDING THAT THE 2029 BOND ALLOCATE ANOTHER 150 MILLION FOR HOUSING, FOR A TOTAL OF 300 MILLION.
IN ADDITION, WE'RE RECOMMENDING THAT SOME COMBINATION OF BOND FUNDS OF MIXED INCOME HOUSING DENSITY BONUS FEE IN LIEU FUNDS, GENERAL FUNDS, REVENUES GENERATED FROM THE CO-OPERATIONS, BE ALLOCATED TO GIVE US AN ADDITIONAL 100 MILLION.
THAT COMBINED NUMBER WOULD GIVE US 600 MILLION OVER THE NEXT 10 YEARS.
NOW, IF WE'RE ABLE TO CONTINUE INVESTING AT THE PERCENTAGES WE ARE NOW IN TERMS OF THE LEVEL OF PARTICIPATION THAT WE HAVE IN A PROJECT, IT WORKS OUT TO BE ABOUT 10-15%.
AGAIN, YOU'LL SEE ON THE LARGE MULTIFAMILY SIDE, VERY LOW INVESTMENT ON THE HOME REPAIR AND THE NEW CONSTRUCTION SIDE, FOR SALE HOUSING SIDE MUCH HIGHER.
BUT OVERALL, WE EXPECT IT TO WORK OUT TO BE ABOUT 10-15% PER UNIT.
THESE ARE THE LEVEL OF SUBSIDIZED UNITS THAT WE EXPECT TO SUPPORT OVER THE NEXT 10 YEARS.
IT STARTS OUT LOW AS THOSE DOLLARS START TO COME ONLINE AND WE'RE ABLE TO DEPLOY THEM, THEY INCREASE.
BETWEEN NOW AND 2033 WE EXPECT THAT NUMBER TO BE ABOUT 31,000.
FOR MARKET RATE UNITS, THAT ARE SUPPLEMENTING THOSE SUBSIDIZED UNITS,
[01:35:04]
WE EXPECT THAT NUMBER TO BE AROUND 92,000.WHEN YOU ADD THOSE TWO TOGETHER, THE 31,000, THE 92,000, IT GETS US TO ABOUT 123,000.
THAT'S ALL NEW DEVELOPMENT, BECAUSE WE UNDERSTAND WE HAVE TO BUILD OUR WAY OUT OF THIS.
WE CAN'T JUST INVEST IN REHAB.
THE LAST COLUMN THAT YOU SEE HERE IS FOR THE HOME REPAIR ACTIVITIES.
THOR AND STAFF PREVIOUSLY SPOKE ABOUT WHERE WE ARE NOW, WE DO ABOUT 50 UNITS A YEAR.
AS WE CONTINUE TO BRING ON NEW CONTRACTORS AND OUTSOURCE THESE PROGRAMS TO THE PRIVATE SECTOR TO DO MORE ACTIVITY, WE'RE EXPECTING THOSE NUMBERS TO GROW.
OVER THE NEXT 10 YEARS, WE THINK WE COULD DO A LITTLE OVER 1,000 UNITS IN THIS AREA. NEXT SLIDE.
NOW, AS WE DO MORE DEVELOPMENT, MORE PRESERVATION, WE REALIZE THAT THIS WILL CREATE A GREATER ADMINISTRATIVE BURDEN.
WHAT THIS SLIDE IS INTENDED TO SHOW YOU IS THE DIFFERENT TYPES OF STAFF THAT WORK ON THESE PROJECTS, AND WHAT THE WORKLOAD IS FOR EACH OF THOSE STAFF.
ON ONE HAND, YOU HAVE THE STAFF WHO ARE WORKING DIRECTLY WITH THE DEVELOPERS, DIRECTLY WITH THE HOMEOWNERS, DIRECTLY WITH THE CONTRACTORS.
ON THE OTHER HAND, YOU HAVE OUR BACK-OFFICE STAFF WHO ARE OVERSEEING COMPLIANCE, WHO ARE MANAGING THE BUDGET, WHO ARE SUPPORTING US FROM AN ADMINISTRATIVE PERSPECTIVE.
ALL OF THOSE THINGS ARE NEEDED.
ADD IN THE FACT THAT OUR LEGAL TEAM THAT SUPPORTS US, THEY TOO WILL NEED ADDED SUPPORT TO CARRY OUT THE WORK AND TO HELP US ACHIEVE OUR GOALS.
THE PERMIT STAFF WHO WILL BE NEEDED TO CARRY OUT THAT WORK AND ALL OF THE WORKERS ON THE GROUND, FROM OUR INSPECTORS TO THE DEVELOPERS THAT ARE ACTUALLY DOING THIS WORK.
THIS IS TO GIVE YOU A SENSE OF WHAT THAT OVERALL ADMINISTRATIVE LEVEL OF SUPPORT WILL BE NEEDED TO CARRY OUT ALL OF THIS WORK. NEXT SLIDE, PLEASE.
WE STARTED LOOKING AROUND THE COUNTRY TO SEE, WHAT ARE OTHER MAJOR CITIES IN TEXAS DOING? WHAT ARE OTHER MAJOR CITIES AROUND THE COUNTRY DOING? ALL OF THESE DOTS THAT YOU SEE LAID OUT HERE ARE CITIES THAT HAVE ALLOCATED BOND FUNDS TO HOUSING JUST IN THE LAST COUPLE OF YEARS.
WE HIGHLIGHTED THREE, AUSTIN, THEIR FEDERAL GRANT BUDGET, THIS IS HOME AND CDBG DOLLARS IS ABOUT 11 MILLION A YEAR, IN 2022, THEY ISSUED A $350,000,000 HOUSING BOND.
SAN ANTONIO, THEIR FEDERAL GRANT'S ABOUT 28 MILLION.
THEY ISSUED 150 MILLION IN HOUSING BOND FUNDS.
COLUMBUS, OHIO, THEY RECEIVED ABOUT 12.5 MILLION IN FEDERAL GRANT FUNDS.
THEY ALLOCATED 200 MILLION IN HOUSING BOND FUNDS.
WHEREVER YOU LOOK NATIONWIDE, THE CHALLENGES THAT WE SEE WITH HOUSING, COST BURDENING, AFFORDABILITY, IT'S NOT UNIQUE TO DALLAS, THESE ARE PROBLEMS THAT THE COUNTRY IS FACING AND THIS IS A REFLECTION OF THE STEPS THAT SOME OF OUR NEIGHBORING CITIES AND PARTNERS ARE TAKING TO ADDRESS THIS.
WE WANT TO SHOW YOU WE'RE NOT ALONE IN MAKING THESE RECOMMENDATIONS. NEXT SLIDE, PLEASE.
THE COUNCIL RECENTLY ADOPTED DALLAS HOUSING POLICY 2033.
AS WE KNOW, WE HAVE TO WORK ACROSS DEPARTMENTS TO REALIZE THESE GOALS.
THIS IS NOT THE HOUSING DEPARTMENT TAKING A GO IT ALONE APPROACH.
THERE'S 42 DEPARTMENTS THAT MAKE UP THE CITY.
THERE'S ROUGHLY 10 WE WORK WITH REGULARLY.
THOSE ARE THE ONES WHERE YOU'RE GOING TO SEE A LOT OF CROSS DEPARTMENT COLLABORATION AS WE SELECT TARGET AREAS AND MAKE THOSE MORE IMPACTFUL INVESTMENTS.
WE MENTIONED THAT THE BOND FUNDING WILL BE USED TO SUPPORT BOTH HOUSING DEVELOPMENT AND PRESERVATION.
WE TALKED ABOUT THE 400 MILLION THAT COULD COME FROM A COMBINATION OF BOND FUNDS AND THE OTHER SOURCES THAT WE LAID OUT THERE, AND THE NEED FOR ADDITIONAL STAFF TO CARRY OUT THIS WORK.
NEXT SLIDE, PLEASE. THE NEXT BIG STEP THAT WE HAVE TO DO IS REALLY WORKING WITH OUR PARTNERS, DOING THE DATA ANALYSIS,
[01:40:02]
ENGAGING WITH THE COMMUNITY TO SELECT THESE EQUITY STRATEGY TARGET AREAS.THESE NEED TO BE A REFLECTION OF YOU, THE COUNCIL, AND OF OUR CITIZENS.
WE, THE STAFF, AND THE TECHNICAL EXPERTS THAT WE ALIGN OURSELVES WITH, CAN PRESENT DATA.
BUT FOR US TO REALLY ACHIEVE BUY-IN, TO BUILD CREDIBILITY WITH THE COMMUNITY, THEY HAVE TO OWN WHATEVER THESE TARGET AREAS END UP BEING, SO THAT WE CAN BE COMMITTED TO IT BEYOND THE CHANGES IN STAFF, BEYOND THE CHANGES IN OUR ELECTED OFFICIALS, AND WE CONTINUE TO MAKE THOSE INVESTMENTS AS YOU'VE LAID OUT FOR US.
NEXT SLIDE, PLEASE. THIS IS A DRAFT, SOME OF THESE DATES COME DIRECTLY FROM THE DALLAS HOUSING POLICY 2023, SO DON'T GET TOO CAUGHT UP ON THE DATES.
BUT THE THINGS THAT I WANT YOU TO CONSIDER IS THE THOUGHT PROCESS, THE STEPS THAT ARE INVOLVED THAT WE KNOW NEED TO BE TAKEN INTO CONSIDERATION RIGHT NOW.
FROM THOSE AGREEMENTS WITH OUR INTERNAL AND EXTERNAL PARTNERS, THE CONSULTANT, I BELIEVE WE'RE BRINGING A CONTRACT BEFORE COUNCIL CONSIDERATION NEXT MONTH AND THE DASHBOARD, WE ALREADY PROVIDE COUNSEL WITH A MONTHLY PRODUCTION REPORT.
WE'RE LOOKING TO ELECTRONICS TO TURN THAT INTO A STANDING DASHBOARD THAT THE COUNCIL AND THE PUBLIC CAN USE TO KNOW EXACTLY WHERE WE ARE, WHAT OUR ACTIVITY IS FROM DISTRICT TO DISTRICT, ANYTIME THEY LIKE.
THE BOND ELECTIONS, ANOTHER KEY DATE IN HERE, BECAUSE WE KNOW THAT WITHOUT THOSE ADDITIONAL FUNDS, WE'RE NOT GOING TO BE ABLE TO MEET THESE RESULTS.
THEN THERE'S JUST A FEW OTHER FACTORS THAT WE LAY OUT BETWEEN NOW AND REALLY THE END OF THE DALLAS HOUSING POLICY 2033.
NEXT SLIDE. WE TALK A LOT ABOUT ENGAGEMENT, BUT WHAT DOES ENGAGEMENT MEAN? IT'S NOT JUST A MATTER OF HAVING A COMMUNITY MEETING, THAT'S IMPORTANT, BUT IT'S ALSO A MATTER OF BRINGING NEW STAKEHOLDERS TO THE TABLE THAT HAVEN'T BEEN PART OF THE CONVERSATION PREVIOUSLY.
AGAIN, WE MAY BE ABLE TO OFFER OUR THOUGHTS ON WHAT WE THINK SHOULD HAPPEN.
BUT FOR THE FOLKS WHO LIVE IN THESE COMMUNITIES THAT FEEL THE PRESSURES OF THE CHALLENGES THAT WE HAVE ON A DAY-TO-DAY BASIS, WE'VE GOT TO LISTEN TO THEM AND THIS JUST GIVES YOU A SENSE OF SOME OF THE ACTIVITIES THAT WE EXPECT WE NEED TO DO TO CARRY OUT THAT ENGAGEMENT WORK.
FROM HERE, NEXT SLIDE, WHERE DO WE GO? WE'RE WORKING WITH THE BOND OFFICE.
WE'RE WORKING WITH THE SUBCOMMITTEE ON HOUSING TO SHARE THIS INFORMATION, TO TAKE A DEEPER DIVE, TO HAVE LONGER CONVERSATIONS ABOUT WHAT THOSE HOUSING NEEDS ARE AND MY HOPE IS THAT SUBCOMMITTEE IS ABLE TO MAKE A RECOMMENDATION TO THE COUNCIL ON WHAT THE 2024 BONDS SHOULD BE.
WITH THAT, I CONCLUDE MY PRESENTATION.
BOTH OF THESE BRIEFINGS ARE EXTREMELY IMPORTANT, SO I WANTED TO MAKE SURE THAT WE GIVE IT THE TIME AS NECESSARY.
JUST A COUPLE OF COMMENTS AND THEN I'LL BE LOOKING FOR LIGHTS. I SEE ONE.
WHEN WE TALK ABOUT THE BOND, AND IT'S JUST GONE LINE OVER WHAT I TALKED ABOUT EARLY IN TERMS OF PRIORITIZING, NOW WE'RE TALKING SPECIFICALLY ABOUT THE UPCOMING BOND, AND HISTORY IS SO IMPORTANT.
WHAT WAS IMPORTANT TO LAY OUT, BECAUSE NONE OF US WERE HERE, I WAS HERE, I THINK I MAY HAVE BEEN ONLY ONE, WAS HERE WHEN WE VOTED ON THE 27TH AND GOING THROUGH THAT PROCESS, IT'S VALUABLE TO BE ABLE TO LEAN ON SOMEONE WHO'S GONE THROUGH IT BEFORE, AND SEEING NOT ONLY THAT BOND BUT PREVIOUS BONDS, HOW FEW DOLLARS WERE ALLOCATED SPECIFICALLY FOR HOUSING.
NOW THAT I LOOK BACK ON IT, I REMEMBER WHEN WE VOTED FOR ECONOMIC DEVELOPMENT AND HOUSING, WE PUT THAT MONEY TOGETHER AND I DON'T THINK WE AT THAT TIME FORESAW, HAD THE FORESIGHT TO SEE THE NEED AT THE LEVEL THAT WE SEE IT AS NOW.
THE GOAL FROM 23 MILLION TO 150 MILLION, IN SOME PEOPLE'S EYES, THERE'S GOING TO BE A HUGE JUMP, ESPECIALLY WHEN YOU LOOK AT WHAT THE PAST 10, 15 YEARS OR SO IN TERMS OF MONEY THAT'S SPECIFICALLY ALLOCATED FOR THAT.
BUT WE NEED AT LEAST 150 MILLION.
[01:45:01]
I WOULD EVEN GO SO FAR AS TO SAY, AS OPPOSED TO 150 MILLION IN '24 AND 150 MILLION IN '29, 150 MILLION IN '24 AND 200 MILLION IN '29.I SEE WHERE YOU HAD TALKED ABOUT THE REVENUE POTENTIALLY 100 MILLION.
WELL, THAT'S A GOOD ESTIMATION.
BUT IF WE HAVE THOSE DOLLARS SPECIFICALLY IN THE BOND, WHATEVER THAT ADDITIONAL REVENUE IS, THEN THAT'S MORE MONEY THAN YOU HAD THAT YOU HAVE TO WORK WITH.
I'VE ALREADY HAD SOME CONVERSATIONS WITH INDIVIDUALS, ONE IS MR. BEN BROWN, WHO'S THE HOUSING COMMITTEE CHAIR FOR THE NAACP HERE IN DALLAS.
GLAD YOU'RE HERE, BEING HERE TO SEE THIS IN-PERSON ABOUT BUILDING CITIZEN COALITIONS THAT CAN ADVOCATE FOR THAT 150 MILLION.
AS WE GO AROUND THE CITY, AND WE'VE BEEN HAVING THESE AFFORDABLE HOUSING LISTENING SESSIONS OR TOURS WITH COUNCILMAN BLACKMON, I WANT TO THANK YOU FOR YOUR LEADERSHIP WITH THAT.
NOW WE'VE GONE ALMOST ALL AROUND THE CITY.
WHAT WE'RE HEARING IS THERE'S A LOT OF SUPPORT.
YOU SAT ON SEVERAL OF THOSE PANELS, THOR, YOU SAT ON ONE AS WELL.
THERE'S A LOT OF SUPPORT AMONGST RESIDENTS, AMONGST COMMUNITY LEADERS, AMONGST FAITH-BASED LEADERS, EVEN AMONGST INDUSTRY FOR THIS TYPE OF INVESTMENT AS IT RELATES TO THE BOND.
I THINK HE'S JUST GOING TO TAKE THE NEXT COUNCIL TO HAVE THE COURAGE TO SAY, YOU KNOW WHAT, LET'S GO BIG.
I THINK THE REST OF THE CITIZENS OF THE CITY OF DALLAS THE REST WILL FOLLOW THE LEADERSHIP OF THE MAYOR AND THAT COUNCIL.
NOW I'M GOING TO GO TO VICE CHAIR.
>> THANK YOU, MR. CHAIR. AGAIN, I KEEP SAYING WHAT CAN WE DO MORE? HOW CAN WE GIVE YOU MORE RESOURCES? THAT'S WHAT I WANT TO DO.
BUT I DO HAVE A LITTLE BIT OF HESITATION ON THE AMOUNT.
I WANT TO MAKE SURE THAT WE ARE ABLE TO DELIVER AND THAT WE'RE ABLE TO UTILIZE THOSE DOLLARS SO THAT WHEN WE COME BACK FOR A SECOND BOARD IN NEXT ONE WILL BE AFTER 24, 29.
THAT WE CAN USE THOSE METRICS AND WE CAN GO BACK AND SHOW OUR VOTERS THAT WE DID HIT ALL OUR METRICS AND WERE ABLE TO BRING IN AN ADDITIONAL HOUSING.
I JUST WANT TO MAKE SURE THAT STAFF FEELS COMFORTABLE WITH WHATEVER NUMBERS THAT THEY PRESENT TO THE SUBCOMMITTEE AND TO US.
BECAUSE I WANT YOU GUYS TO BE SUCCESSFUL.
I WANT YOU TO BE ABLE TO HIT ALL THE GOALS THAT YOU'RE SETTING BEFORE YOU.
I KNOW THAT YOU ALL ARE LOOKING AT WHAT OTHER CITIES ARE DOING WITH THEIR BOND PROPOSITIONS.
BUT I WOULD PROBABLY ASK, IS THAT YOU LOOK AT WHAT THEY DID THEIR FIRST YEAR.
RATHER THAN LOOKING AT WHAT SOME CITIES ARE DOING CURRENTLY AND HOW THEY GOT TO THE NUMBER THAT THEY ARE.
WHAT NUMBER DID THEY START WITH ORIGINALLY? I THINK THAT'S GOING TO BE VERY IMPORTANT.
BUT THANK YOU ALSO FOR RECOGNIZING THE OTHER REVENUE SOURCES LIKE THE [INAUDIBLE] PROGRAM AND OUR OTHER PARTNERS.
BECAUSE THAT WILL ADD TO THAT BIGGER PICTURE OF WE'RE NOT STARTING AT ZERO WHERE WE ACTUALLY HAVE SOME FUNDING IN PLACE RIGHT NOW FOR AFFORDABILITY AND TO MAKE SURE THAT WE HAVE DOLLARS AND RESOURCES TO BE ABLE TO HELP WITH AFFORDABILITY, EVEN THOUGH WE DON'T NECESSARILY HAVE IT ON THE BOND.
I APPRECIATE YOU BRINGING THIS FORWARD AND BEING TRANSPARENT ABOUT IT.
WE WANT TO MAKE SURE WE'RE GETTING AND ASKING FOR THE MOST THAT WE CAN HANDLE.
I JUST ASK THAT WE'RE CAUTIOUS AND THAT WE WANT TO BE SUCCESSFUL.
WE DON'T WANT TO MAKE SURE THAT IN THE NEXT BOND, PEOPLE DON'T TURN AROUND AND SAY, WELL, YOU SET THESE GOALS AND NOW WE'RE NOT WHERE WE DIDN'T HIT THEM.
I WANT TO MAKE SURE THAT THAT BOND PASSES AGAIN IN THE FUTURE.
LET'S MAKE SURE WE GET THOSE NUMBERS RIGHT.
>> IF I CAN JUST COMMENT BRIEFLY, YOU'RE RIGHT.
WE HAVE TO TAKE A CLOSE LOOK AT THE PROCESSES WE USE TO DEPLOY FUNDS.
DETERMINING WHICH PROGRAMS, WHICH PROCESSES ARE APPROPRIATE TO BE RUN IN-HOUSE BY STAFF ACROSS DEPARTMENTS VERSUS WHICH ONES NEED TO BE OUTSOURCED.
YOU'RE GOING TO SEE MORE OF THAT OUTSOURCING COMING.
ONE OF THE THINGS WE LEARNED FROM OUR DIALOGUES WITH AUSTIN WAS THE USE OF THEIR CORPORATIONS.
THEY DON'T JUST USE THE CORPORATIONS TO PROVIDE TAX EXEMPTIONS.
THEY USE THE CORPORATIONS AS SUB RECIPIENTS TO CARRY OUT ACTIVITIES.
YOU'LL SEE US COMING FORWARD ASKING FOR SUPPORT TO GRANT LARGE SUMS OF
[01:50:04]
THAT MONEY TO THE CORPORATIONS BECAUSE THEY HAVE THE CAPABILITY OF DEPLOYING THE MONEY FASTER.>> THANK YOU VERY MUCH. COUNCILMAN SCHULTZ.
>> THANK YOU. I KNOW WE'RE RUNNING SHORT ON TIME AND THE EVICTION DISCUSSION IS GOING TO BE TIME-CONSUMING.
I SENT YOU QUITE A FEW QUESTIONS BY EMAIL, SO I'LL JUST COUNT ON THOSE RESPONSES ELSEWHERE.
YOU CAN CALL ME. WE DON'T HAVE TO SEND THEM ALL BY WRITING.
ONE IS, I THINK THAT THE REPAIR PIECE IN TERMS OF HOUSING PRESERVATION, NEEDS TO BE REALLY RE-IMAGINED AND VISIONED.
THE OTHER THING IS TO CHAIR, BLACKMON'S AND COUNCIL-MEMBER MORENO'S POINTS.
IF THIS BOND IS GOING TO BE SOMETHING THAT'S ADOPTED BY THE CITY THAN THERE HAS TO BE A VERY CLEAR VISION AND NOT JUST PRODUCTION NUMBERS.
PEOPLE HAVE TO IMAGINE WHAT THEY'RE GOING TO GET FOR THIS VISION.
I THINK IT'S STILL MURKY IN TERMS OF LOW-INCOME, MIDDLE-INCOME HOUSES, APARTMENTS, PEOPLE DON'T GET IT YET BECAUSE IT'S NOT CLEAR ENOUGH YET.
I THINK YOU NEED A VERY CLEAR STORY THAT YOU'RE GOING TO HAVE TO TELL IF WE'RE ALL GOING TO ADOPT THIS AS WELL AS THE PUBLIC.
THE FINAL THING THAT I JUST WANT TO ADD ON THIS IS I DO THINK IT'S VERY IMPORTANT THAT YOU PRESENT WHAT HAPPENS IF THIS IS NOT FUNDED, EITHER ADOPTED BY THE COUNCIL OR NOT FUNDED BY THE PUBLIC.
WHAT IS THE PLAN B? WHAT DOES IT LOOK LIKE IF WE DON'T DO THIS? I DON'T NEED YOU TO ANSWER NOW, BUT I THINK IT'S THE MOST IMPERATIVE.
YOU START WITH THE POSTMORTEM.
WHAT HAPPENS WHEN WE FAILED? WHAT HAPPENED AND WHY? WHY DID WE FAIL? THEN WHAT DOES IT LOOK LIKE IF WE DO FAIL? I WOULD LIKE YOU TO ADDRESS THOSE BEFORE I FEEL REALLY COMFORTABLE FULLY EMBRACING THIS.
>> NEXT IS COUNCILMAN BLACKMON.
>> REAL QUICK. IF MY MATH IS RIGHT, DID WE SPEND ALMOST 50 MILLION IN ALL THE BONDS FOR HOUSING.
I ADDED IT UP, WHICH COMES OUT TO ABOUT 52,000 PER UNIT.
IF YOU'RE DOING IT AT WHAT, 957 UNITS.
I'M NOT A MATH MAJOR [LAUGHTER] OR ACCOUNTING.
BUT DOES THAT SOUND ABOUT RIGHT?
>> IT DOES. BUT A LOT OF THE PREVIOUS BOND WAS NOT DIRECTLY INTO THE NEW DEVELOPMENT, IT WAS IN THE INFRASTRUCTURE.
WE CAN REFINE THOSE NUMBERS AND SHOW YOU HOW MUCH WENT INTO INFRASTRUCTURE VERSUS DIRECT DEVELOPMENT AND HOW MUCH PER UNIT.
>> YEAH. BECAUSE IF YOU LOOK AT IT, A PER UNIT INVESTMENT.
WHEN YOU THINK ABOUT IT, THAT'S NOT A LOT, BUT IT ADDS UP PRETTY DARN QUICK.
YOU'VE GOT AN AGING POPULATION THAT IS STAYING IN PLACE.
MY QUESTION THEN IS, SHOULD WE LOOK AT CREATING MORE SENIOR HOUSING SO PEOPLE CAN MOVE OUT OF THEIR HOUSE, BUT STAY IN THEIR NEIGHBORHOOD.
I HAVE BEEN THINKING THAT WE NEED TO GO JUST A LITTLE DIFFERENT IN APPROACHING OUR NEED.
THAT IT MAY NOT BE JUST A COOKIE CUTTER.
I'M ENCOURAGING YOU TO LOOK AT THAT AND MAYBE YOU ARE.
THEN, IS IT REALLY TRUE THAT WE'VE ONLY SINCE 1980 DID 286,000 UNITS? IF YOU LOOK AT THAT SLIDE.
>> NO. WHAT THIS SLIDE IS SAYING IS THAT THERE'S CURRENTLY 587,000 UNITS OF HOUSING IN DALLAS.
FIFTY TWO PERCENT OF THEM WERE BUILT BEFORE 1980.
SO YOU SUBTRACT THAT FROM 587, WHICH COMES OUT TO 286, THE 48%.
WE'VE ONLY DONE SINCE 1980 THAT MANY UNITS?
>> THAT MEANS WE'VE GOT IT LOPSIDED AND SO WE'VE GOT TO FIGURE OUT.
I'M PUTTING THAT ON YOU GUYS AND ALL THE BOND COMMITTEE TO FIGURE OUT HOW TO GET THAT BACK UP.
BECAUSE WHEN YOU GO BACK DOWN AND YOU START SEEING PEOPLE 19.4% THAT ARE AGING IN PLACE.
[LAUGHTER] I'M ONE OF THOSE NOW.
[LAUGHTER] BUT I'M JUST SAYING THAT WE'RE GOING TO HAVE TO PUT MORE UNITS.
THEN THAT'S WHERE THAT COMMUNITY DISCUSSION HAPPENS.
>> WELL, I JUST WANTED TO CLARIFY SOMETHING THAT WAS SAID, IT'S NOT THAT ONLY 287,000 UNITS WERE BUILT BEFORE 1980, BECAUSE IT DOESN'T INCLUDE DEMOLITIONS.
THERE MAY HAVE BEEN MUCH MORE ROBUST PRODUCTION AND EXISTENCE OF UNITS.
IT'S JUST THAT THEY DIDN'T SURVIVE. IS THAT CORRECT?
>> OKAY. SPEAKING OF THOSE NUMBERS,
[01:55:01]
I WILL SAY THAT SOME OF US REMEMBER 1980, NOT THAT LONG AGO, SO 43 YEARS OLD.WHEN YOU LOOK AT A HOUSING STOCK AND YOU SEE THAT THIS IS WHERE HALF OF IT IS OLDER THAN 43 AND HALF IS YOUNGER THAN 43.
WHERE DO YOU THINK THAT FITS IN THE CONTINUUM OF HOUSING? IS THAT A NORMAL AGE? DOES THAT PUT DALLAS AS A YOUNGER AGE FOR HOUSING? DOES IT PUT IT AS AN OLDER? [OVERLAPPING] WHAT WERE YOU TRYING TO SHOW US WITH THAT DATA?
>> I THINK THAT DATA, ALONG WITH THE CONDITION OF THE HOUSING STOCK, IS WHAT'S IMPORTANT TO GRASP.
THE FACT THAT WE HAVE OLDER HOUSING STOCK AND SOME OF IT HAS NOT BEEN MAINTAINED.
[OVERLAPPING] OTHER CITIES HAVE OLD HOUSING STOCK AND IT HAS BEEN WELL-MAINTAINED.
>> YOUR NEXT ITEM ON THERE IS THAT THERE'S 25,542 UNITS, UNDESIRABLE OR FAIR CONDITION.
IF YOU DIVIDE THAT OUT BY THE TOTAL NUMBER OF HOUSING UNITS, YOU'RE ONLY TALKING ABOUT 4%.
FOUR PERCENT UNDESIRABLE OR FAIR, IS THAT AN UNREASONABLE NUMBER?
>> WE DON'T LOOK AT IT AS UNREASONABLE OR NOT.
IT'S TO TALK ABOUT THAT THERE WILL BE PRESERVATION NEEDS.
WE KNOW THAT MANY OF THE HOUSING STOCK, AS THEY GET OLDER, HAVE MORE DEMANDS ON THEM, ALONG WITH OUR AGING POPULATION WHO WILL BECOME LESS AND LESS FINANCIALLY CAPABLE TO MAINTAIN SOME OF THOSE HOUSES AS THEY GET OLDER.
THE COMPOUNDING DATA SETS JUST TELL US THAT WE HAVE AN AGING POPULATION.
WE HAVE AN AGING HOUSING STOCK, BUT IT'S NOT OLD IN THE TERMS OF CITY OLD IT JUST IN TERMS OF WHERE WE ARE WITH OUR NEEDS TO CONTINUE TO INVEST IN.
WHAT MIGHT NEED TO BE INVESTED IN CERTAIN NEIGHBORHOODS, WHERE WE IDENTIFY IN OUR EQUITY STRATEGY TARGET AREAS THAT IS MORE COMPREHENSIVE IN CERTAIN PARTS OF TOWN THAN OTHERS, AND ALSO THE NEED TO BRING IN NEW DEVELOPMENT OF HOME OWNERSHIP OPPORTUNITIES AND RENTAL OPPORTUNITIES AS WE ARE PROJECTING TO LOSE SOME RESERVED RENTAL UNITS OVER THE NEXT 10 YEARS AS WELL.
WHETHER OR NOT THEY GET REPLACED WHERE THEY ARE OR WITHIN THE CITY, IT'S JUST AN IMPORTANT COMPREHENSIVE THING TO ADDRESS IN TERMS OF LOOKING AT SOME OF THE DATA.
>> I DON'T THINK THIS DATA IS SHOWING WHAT YOU'RE SAYING AND I'M JUST GOING TO SUGGEST TO YOU THAT WHEN I DID RUN A NON-PROFIT THAT DID HOME REPAIR, WE HAD ENTIRE MATRIX BASED ON THE AGE OF THE HOUSE.
THAT SWEET SPOT OF THE HOMES THAT NEED HOUSING HELP WAS MUCH OLDER THAN 43.
IT WAS THE 75-YEAR-OLD HOUSE THAT GENERALLY HAD BEEN A HOUSE THAT WAS PASSED DOWN AND THE FOLKS LIVING IN IT WERE NOT ABLE TO MAINTAIN IT.
I JUST THINK YOU MIGHT NEED TO DIVIDE THIS DATA OUT A LITTLE BIT BETTER TO TELL THE STORY THAT I THINK YOU'RE TRYING TO TELL, WHICH I THINK IS A LEGITIMATE ONE, BUT I'M NOT SEEING IT IN THE DATA.
DOES THAT MAKE SENSE? THE NEXT ITEM IS THAT YOU HAVE A BULLET THAT SAYS THAT 4,700 UNITS WERE ADDED LAST YEAR IN DALLAS WHEN YOU NET IT OUT WITH DEMOLITION.
THEN FURTHER ON YOU'VE GOT, THAT WE'VE HAD A DECLINING POPULATION.
NOT A MASSIVELY DECLINING, BUT IT HAS GONE DOWN.
IF WE'VE ADDED MORE UNITS AND WE'VE HAD A DECLINING POPULATION, HOW COME WE ALL FEEL THE INTENSE PRESSURE TO ADD HOUSING?
>> BECAUSE WE'RE NOT ADDING ENOUGH AND WHEN YOU LOOK AT THAT IN MIGRATION, AND THE FOLKS WHO WANT TO BE HERE, IT CONTINUES TO GROW.
>> BUT IT'S A DECLINING POPULATION AND THERE'S MORE UNITS. YOU SEE WHAT I'M SAYING?
>> GOOD MORNING, AND THANK YOU FOR THE QUESTION.
VICKY OPPENHEIM, INTERIM OPERATIONS RESEARCH ANALYST.
THAT'S A VERY GOOD QUESTION ABOUT POPULATION AND THAT'S WHY I WANTED TO LOOK AT THAT TOPIC AND AS WAS MENTIONED, I HAD SPOKEN WITH THE TEXAS DEMOGRAPHIC CENTER, THEY ARE THE OFFICIAL DEMOGRAPHERS OF THE STATE OF TEXAS.
I WAS ASKING, WHAT DOES THIS MEAN ABOUT DECLINING POPULATION IN DALLAS? AS WAS TOLD TO ME, THEY EXPECT THAT WE WILL BE SEEING INCREASES IN POPULATION FROM IMMIGRATION AND REVERSAL OF WHAT WE SAW DURING THE PANDEMIC WHEN PEOPLE WERE LEAVING CITIES AND CITY CENTERS FOR AREAS FARTHER AWAY, 20 MILES OR MORE OUTSIDE THE CITY CENTER.
AS WAS SHOWN IN THE RECENT DALLAS COUNTY DATA, THERE WAS AN INCREASE IN POPULATION IN 2022, AND WITH THE NEW DATA COMING UP, WE EXPECT WE'LL SEE AN INCREASE IN THE CITY OF DALLAS POPULATION.
EVEN THOUGH THERE WAS A COUPLE OF YEARS THAT WE SAW A DECLINE,
[02:00:03]
WE'RE NOT EXPECTING TO SEE THAT DECLINE CONTINUE.>> YOU DON'T HAVE THE POPULATION NUMBERS FOR 2022. IS THAT CORRECT?
>> NOT YET. THEY HAVE NOT YET BEEN RELEASED, BUT THEY WILL BE RELEASED SOON.
THE DALLAS COUNTY CAME OUT THIS WEEK.
>> WELL, I WOULD LIKE TO BETTER UNDERSTAND THAT PRESSURE THAT YOU'RE TALKING ABOUT, AND AGAIN, IT MAY BE THAT THERE'S MORE HOUSEHOLDS BUT LESS PEOPLE.
MAYBE THERE'S A SMALLER HOUSEHOLD SIZE.
BUT THERE'S SOMETHING THAT'S MISSING IN THE STORY THAT YOU'RE TELLING ABOUT A DECREASED POPULATION AND MORE HOUSING UNITS AVAILABLE WHEN EVERY SINGLE PERSON ON COUNCIL UNDERSTANDS OUR URGENCY OF CREATING MORE UNITS.
I'M LOOKING FOR A POLICY EXPLANATION IF YOU CAN PROVIDE IT IN THE FUTURE.
THERE'S AN ITEM THAT YOU HAVE ON HERE FOR DATA THAT SAYS THAT 17.4% OF THE POPULATION IS AGE 65% OR HIGHER AND THAT'S NOT A NUMBER I'M FINDING ANYWHERE ELSE.
WHEN I GO ON THE AMERICAN COMMUNITY SURVEY, IT'S SHOWING ABOUT 10%.
I'M WONDERING WHERE THAT WOULD HAVE COME FROM.
>> I BELIEVE IT WAS FROM THE AMERICAN COMMUNITY SURVEY AND I WILL LOOK AT THAT AGAIN.
BUT LOOKING JUST FOR THE CITY OF DALLAS.
>> RIGHT, YEAH. I DIDN'T SEE THAT FOR JUST THE CITY OF DALLAS, BUT I WOULD LOVE YOU TO SHARE THAT INFORMATION WITH ME.
FOR THE EXAMPLE YOU SHOW OF THE 2006 BOND FUND UTILIZATION FOR BEXAR STREET DEVELOPMENT, SO YOU'RE SAYING THAT A TOTAL OF $7.3 MILLION WAS INVESTED IN 13 TOWNHOMES?
THE INFRASTRUCTURE THAT SUPPORTS THOSE TOWN HOMES.
>> THE INFRASTRUCTURE. DO YOU HAVE ANY METRICS THAT SAY HOW THIS INVESTMENT THEN AFFECTED THE OTHER AREA IN TERMS OF REDEVELOPMENT OR IMPROVING VALUATIONS AROUND THERE?
>> IS IT SOMETHING THAT YOU LOOK AT? I MEAN, WHY DO YOU THINK THAT'S SO SUCCESSFUL THAT WE WOULD HAVE INVESTED SO MUCH MONEY IN 13 UNITS IF IT DIDN'T SPUR DEVELOPMENT AROUND IT?
>> GOOD QUESTION. I DIDN'T MAKE THOSE DECISIONS AND THIS COUNCIL DIDN'T MAKE THOSE DECISIONS.
WE'RE ALL SPECULATING AS TO WHY THOSE DECISIONS WERE MADE.
BUT WHAT WE CAN SAY IS THAT IF YOU LOOK AT THAT COMMUNITY NOW FAST-FORWARD SOME 15 YEARS, THAT AREA IS BLOOMING.
I CONSTANTLY HAVE HOME BUILDERS WHO ARE ASKING ME, DO YOU HAVE ANY LIGHTS IN THAT AREA? SOME OF THE COUNCIL MEMBERS HAVE EVEN ASKED ME, I LOVE THAT AREA.
WHILE SOME OF THE INVESTMENTS THAT WE MAKE MAY NOT MAKE SENSE AT THE TIME, IF WE THE CITY ARE NOT WILLING TO BE THE FIRST TO GO INTO MARKETS LIKE THAT, THEN IT WILL PROBABLY WON'T END INTEREST THE PRIVATE SECTOR TO DO SO EITHER.
>> I THINK THAT'S A VERY VALID POINT. GOOD MORNING.
MAJED AL-GHAFRY ASSISTANT CITY MANAGER FOR ECONOMIC DEVELOPMENT AND HOUSING.
THAT'S A VERY VALID QUESTION AND I THINK THAT'S PART OF THE FUTURE ASSESSMENT THAT WE WILL HAVE WHEN WE INVEST IN INFRASTRUCTURE AND HOUSING.
THAT WE NEED TO KNOW WHAT THAT ACTIVATION WILL CAUSE FOR THE ENTIRE COMMUNITY AND THAT'S SOMETHING THAT WE SHOULD PRESENT AS PART OF THE PROJECT AS WELL.
>> WELL, YOU SELECTED THIS AS AN EXAMPLE TO SHOW US.
CLEARLY IT'S SOMETHING YOU'RE PROUD OF OR IS INDICATIVE OF WHAT YOU'RE EXPECTING WE WILL CONTINUE TO DO.
>> I WOULDN'T SAY THAT. IT'S JUST AN EXAMPLE OF WHAT THAT BOND WAS USED FOR.
>> WELL, YOU YOURSELF SAID IT MAY BE DIDN'T MAKE SENSE AT THE TIME.
I'M NOT IN FAVOR OF VOTING FOR THINGS THAT DON'T MAKE SENSE AT THE TIME UNLESS YOU CAN SHOW ME THAT THIS IS WHAT YOU EXPECT THE RIPPLE TO BE.
MAYBE A LITTLE BIT MORE WORK NEEDS TO HAPPEN WHERE YOU ANALYZE WHAT DID HAPPEN.
THIS WAS 18 YEARS AGO AND HERE'S THE TRAJECTORY OF HOW THAT INVESTMENT OF $7.3 MILLION IN 13 TOWN HOMES PLAYED OUT AND WHAT IT MEANT TO THE COMMUNITY.
PERHAPS YOU HAVE OTHER EXAMPLES THAT WOULD ILLUSTRATE IT BETTER OR IN ADDITION TO.
BUT I THINK THESE ARE THE THINGS THAT I WOULD WANT TO KNOW BECAUSE I LOOK AT THAT AND I GO, WOW, THAT'S A WHOLE LOT OF MONEY FOR 13 TOWN HOMES.
WHICH THEN I'M ASSUMING WE DIDN'T EVEN GIVE THEM AWAY.
I'M ASSUMING THAT PEOPLE ACTUALLY BOUGHT THEM.
THE NEXT ITEM I HAVE FOR YOU IS ON YOUR MAP, YOU POINTED OUT THE HIGH DOLLAR BONDS, BUT KANSAS CITY, 50 MILLION, FAYETTEVILLE 12 MILLION, BALTIMORE 40 MILLION, CHARLOTTE, 50 MILLION AND HERE YOU ARE ASKING FOR 125, 250 MILLION.
[02:05:01]
I'LL JUST SAY THAT IT'S A PRETTY SMALL BOND PACKAGE IN TODAY'S DOLLARS.I'M CONCERNED ABOUT SOME OF OUR OTHER BOND PROPOSITIONS.
I'M CONCERNED FOR THE PEOPLE WHO DO LIVE HERE THAT ARE GOING TO PAY FOR THIS BOND THAT WE HAVE UNDERINVESTED IN PARKS AND STREETS IN OUR HOMELESS.
I THINK WE HAVE $0 FOR THAT, CITY FACILITIES AND WE HAVE NO PROPOSITION FOR IT.
LET ME TELL YOU WHEN IT GOES DOWN, WE DON'T EVEN HAVE A CITY COUNCIL MEETING, FOLKS.
[LAUGHTER] I JUST THINK WE HAVE TO BE VERY GOOD STEWARDS OF OUR DOLLARS FOR OUR RESIDENTS AND THE TAXPAYERS WHO ARE PAYING IT.
WE NEED TO MAKE SURE THAT PEOPLE THAT ARE HERE ACTUALLY WANT TO STAY IN DALLAS AND WHEN YOU GO ON THE STREETS THAT I DID COME INTO CITY HALL TODAY, IT MAKES YOU REALLY WONDER.
THERE'S MORE THAN ONE WAY TO SPUR DEVELOPMENT.
WE CAN GET OUR DEVELOPMENT SERVICES STREAMLINED SO THAT WE'RE A PLACE THAT PEOPLE WANT TO CHOOSE TO DO BUSINESS.
WE CAN MASTER PLAN OUT AREAS SO THAT THEY HAVE A SURETY ABOUT WHAT THAT LAND WILL BE AND NOT HAVE TO GO THROUGH A YEAR-LONG PROCESS AT CPC.
WE CAN DO A LOT OF OTHER THINGS THAT DON'T INVOLVE THAT.
YOU'VE ALREADY GOT TWO DIFFERENT CORPORATIONS AND OTHERS THAT ARE GENERATING REVENUE AND FRANKLY, TAKING MONEY FROM OUR ABILITY TO EVEN PAY BACK THESE BONDS.
I'M CONCERNED ABOUT WHEN YOU START SAYING $300 MILLION IN BONDS AND 150 EVEN FOR THIS PROPOSITION I THINK IS A LOT.
NOT THAT IT'S NOT AN IMPORTANT THING, BUT SO ARE ALL OUR OTHER PRIORITIES AND SO I JUST THINK WE NEED MORE CONSIDERATION OF THEM. THANK YOU.
>> THANK YOU. JUST REAL QUICKLY ON PAGE 19.
THE STATEMENTS SPEAKS ABOUT THE RESOURCES WILL GO INTO THE PARTNERSHIP DEVELOPMENT AND DATA TO INFORM THE EQUITY STRATEGY TARGET AREAS AND SO WHAT I WILL LEAVE TODAY ON THIS PARTICULAR NOTE IS THAT MY GOAL IS TO WORK WITH LEGAL TO SEE HOW WE CAN PUT LANGUAGE INTO THE BOND PROGRAM AS IT SPEAKS TO INVESTMENT IN HOUSING IN THESE AREAS, THAT DATA SHOWS EQUITY AS NEEDED, IF THAT MAKES SENSE.
MR. BROWN, ONCE AGAIN, FOR THOSE OF YOU WHO DON'T KNOW HIM AS A PART OF THE NAREB IS A NATIONAL ASSOCIATION OF REAL ESTATE BROKERS.
PRIMARILY WHAT WE'RE FOCUSING ON WORKING WITH A NUMBER OF AFRICAN AMERICAN BROKERS.
WE'RE GOING TO HAVE TO HAVE A CONVERSATION IN THIS PROCESS SO THAT YOU CAN KEEP YOUR EYE ON THE DEVELOPMENT OF THIS BOND AND THE DISTRIBUTION.
BECAUSE WHAT HAPPENS SOMETIMES WE TALK A GOOD GAME, BUT THERE'S NO WAY WE TALK ABOUT DATA AND THAT OUR INVESTMENTS NEED TO FOLLOW THOSE AREAS WHERE THE DATA IS SHOWING WE NEED INVESTMENT.
BUT IF WE DON'T STAY WOKE ON IT, THE MONEY GOES SOMEWHERE ELSE AND SO HERE, IF WE ALREADY KNOW THAT WE'RE ADDRESSING THE ISSUE OF EQUITY, THE 2024 BOND NEED TO HAVE TARGET POINTS THAT SPEAK DIRECTLY TO THE AREAS THAT NEED THE MOST RESOURCES.
DOES THAT MAKE SENSE? IF HOUSING IS THE TARGET AND THE DATA IS SHOWING WE NEED MORE HOUSING IN A PARTICULAR AREA, THAT'S WHERE THE MONEY NEEDS TO GO.
IF WE TALK ABOUT TRYING TO BUILD UP TRUST IN THE CITY THEN THAT'S WHAT WE'RE FIGHTING NOW, THAT'S WHAT WE THOUGH INTENSE FREE WHERE FALSE KEPT SAYING THEY DON'T BELIEVE THE CITY, THEY DON'T TRUST THE CITY.
BECAUSE IF THEY DON'T SEE IT, THEY DON'T BELIEVE IT.
IF WE KEEP HEARING THE EQUITY GOING WHERE THE DATA IS SHOWING WE HAVE THE MOST NEED AND THEN THEY DON'T SEE IT, THEN THEY BEGIN TO LOSE FAITH.
DOES THAT MAKE SENSE? WHAT MY POSITION IS HERE TODAY IS I'M GOING TO WORK WITH YOU TO SEE IN THE ATTORNEYS AND WORK WITH COUNCIL MEMBERS WHO REALLY ARE SERIOUS ABOUT INVESTMENTS SO THAT WE DON'T JUST KEEP PUSHING OUT BOND PACKAGES JUST SO WE CAN SAY WE HAVE A BOND PACKAGE.
YOU HAVE TO HAVE PEOPLE AROUND THE HORSE SHOE WHO REALLY WILL EMBRACE, SUPPORT, ADOPT AND WANT TO CARRY OUT EQUITY BASED ON THE DATA AND NOT JUST GIVE LIP SERVICE.
WE HAVE, EVERY TIME WE CHANGE IN COMMAND OR REPRESENTATIONS, SOMETIMES WE LOSE THE THRUST BEHIND THE MOMENTUM AT THE TIME OF OH, LET'S DO THE RIGHT THING.
[02:10:01]
BUT WHAT, I'M TELLING YOU THAT WHAT I'M SEEING IS WE'VE LOST A LOT OF MOMENTUM WITH THEIR WALKER DECREE, ERIC, BECAUSE I REMEMBERED COMING HERE AND IT WAS HARD FOR US TO GET CERTAIN THINGS DONE IN THE SOUTHERN SECTOR BECAUSE WE COULDN'T GET THE INVESTMENT IN THE NORTH AND THEN WE WERE TOLD WE COULDN'T PUSH IN THE SOUTH BECAUSE THE PERPETUATION OF SEGREGATION.MR. BROWN, IT'S GOING TO TAKE YOUR GROUP AND OTHER GROUPS WHO KNOW THAT WE ARE BEHIND THE EIGHT BALL TO MAKE SURE THAT THE LANGUAGE IN THIS BOND PACKAGE SPEAKS TO THE DATA THAT IS PROJECTED IN CERTAIN COMMUNITIES.
I KNOW DISTRICT 4 IS ONE OF THOSE.
I WANT TO MAKE SURE EVERYONE WHO IS ON THIS COMMITTEE UNDERSTANDS AND THOSE WHO ARE LISTENING THAT WE HAVE EQUITY AS A THEME AND EQUITY NEEDS TO FOLLOW THE DATA.
IF IT MEANS PUTTING MORE HOUSING UNITS IN A PARTICULAR DISTRICT, THEN THAT'S WHAT WE HAVE TO DO AND WE HAVE TO BE STRONG ENOUGH TO CARRY THAT BURDEN.
CHAIR, I JUST WANTED TO MAKE SURE IT'S HERE ON PAPER.
BUT AS WE TALK ABOUT AND THE CHAIR JUST LEFT.
HE TALKED ABOUT FREE PREVIOUS FUTURE COUNSELS.
WE DON'T NEED TO PUT A BET ON THAT.
WE NEED TO PUT A BET ON THE PEOPLE WHO ARE HERE TO DO THE RIGHT THING AND THEN IF WE DO THE RIGHT THING THROUGH THE LANGUAGE, I THINK THE LANGUAGE HAS TO TIE US INTO IT SO THAT WE ACTUALLY DO WHAT WE COMMITTED TO DO IT.
THAT IS PRETTY MUCH WHAT I WANTED TO PUT ON THE TABLE.
MY FOLKS HAVE LOST FAITH AND CONFIDENCE BECAUSE THEY DON'T SEE IT AND SO MUCH OF WHAT I REPRESENTED IS GOING TO BE BLACK AND BROWN AND THEY DON'T SEE IT, SO THEY DON'T BELIEVE IT.
ALL THESE MAGIC TRICKS WHERE IT COMES ON PAPER AND THEN ALL OF A SUDDEN HE HAS HAD THE INK THAT DISAPPEARS.
I WANTED TO MAKE SURE I SAID THAT TODAY AND THANK YOU FOR THOSE WHO ARE LISTING IN THE PUBLIC BUT MR. BROWN, WE'RE GOING TO NEED TO GET DOWN AND GET SERIOUS ABOUT THIS PARTICULAR BOND SO THAT WE CAN CHANGE THE TRAJECTORY OF HOW WE DO BUSINESS IN THE CITY OF DALLAS WHEN IT COMES TO HOUSING AND HOUSING OPTIONS.
CHAIR, WE APPRECIATE YOU GIVING US A CHANCE TO SHARE TODAY. THANK YOU.
>> ANY FURTHER QUESTIONS ON THIS ITEM? TO BEFORE WE MOVE ON TO OUR BRIEFING MEMOS, I WANT TO DO A QUICK TIME CHECK.
I KNOW THAT WE'VE LOST A COUPLE COMMITTEE MEMBERS, AND I KNOW THAT SEVERAL OTHERS HAVE NOTIFIED ME THAT WE MIGHT BE LOSING A QUORUM HERE.
I WANT TO SEE WHAT THE WILL OF THE COMMITTEE IS TO POTENTIALLY TAKE UP.
I KNOW THERE'S ONE ITEM THAT WE'RE GOING TO HAVE MANY QUESTIONS ON AND NOT SURE IF WE ARE READY TO BE ABLE TO DO THAT TODAY.
I'M SUGGESTING PERHAPS GO OVER THE ITEMS THAT WE HAVE FEW OR LITTLE QUESTIONS ON.
>> ON ITEM D, CAN WE NOT TAKE ANY ACTION AS A COUNCIL BECAUSE THIS WAS POSTED ON FRIDAY AND TO LOOK THROUGH IT AND COMPARE IT TO WHAT OTHER PEOPLE ARE DOING, SO COME BACK IN JUNE FOR DISCUSSION?
>> MY UNDERSTANDING THAT THIS ITEM WILL GO BEFORE COUNCIL AS RECOMMENDED ON MAY 22ND.
>> LET ME GET STAFF TO SEE IF THEY CAN COME UP HERE.
>> CHAIR WOBBLE RATING RATING, I'LL JUST SAY I HAVE A NUMBER OF QUESTIONS ON C, F, AND A FEW ITEMS ON G, T, AND U.
>> A FEW THAT MEANS THAT WE CAN GET THROUGH THEM OR THAT YOU WOULD WANT THOSE TO COME BACK AS WELL?
>> I WOULD JUST NOT WANT THERE TO BE A MOTION TO RECOMMEND ALL OF THEM TO COUNCIL WHERE I WOULD WANT TO BE ABLE TO VOTE NO. THANK YOU.
>> WOULD THIS ITEM D BE ABLE TO BE DEFERRED?
>> THE INTENTION WAS TO DO A COUNCIL BRIEFING ON JUNE 7.
IN OUR NEXT COMMITTEE MEETING WOULD BE MAY 22ND.
>> YES. THAT WOULD ALLOW FOR TIME FOR THIS TO BE DISCUSSED TODAY IN THE COMMITTEE AND THEN BE BRIEFED.
AGAIN. THAT'S A BRIEFING, NOT A AGENDA VOTE.
>> WE'RE NOT VOTING ON THIS AT ALL.
>> IN THE NEXT MONTH? NO, THIS WILL NOT BE ON A COUNCIL AGENDA DURING MAY OR POTENTIALLY AT THE EARLIEST DATE WOULD BE MID TO LATE JUNE.
[02:15:06]
>> WE DO HAVE AN OPPORTUNITY TO BRING THIS BACK TO THE COMMITTEE ON MAY 22ND.
>> IF THAT'S THE WILL OF THE COMMITTEE, THEN YES.
>> BUT IF IT'S COME INTO FULL COUNCIL THEN JUST LEAVING IT AT FULL COUNCIL.
MAYBE WE CAN KEEP IT AS A MEMO, BUT IF IT'S A FULL BRIEFING TO COUNCIL IN JUNE 1ST, THEN JUST LEAVE IT FOR THAT TOO.
>> IT'S A BRIEFING REVOLT TO COUNCIL.
>> THEN LET'S JUST GO DOWN AND SEE WHATEVER WE'RE ABLE TO HIT ON.
WE'LL START OFF WITH BRIEFING ITEM C.
>> WE JUST CALLING FOR QUESTIONS OR YOU'RE GOING TO HAVE A COMMUNICATION.
>> I 'M GOING TO GO DOWN EACH ONE.
>> CHAIR, WERE ARE YOU RECOGNIZING ME TO ASK?
>> GO AHEAD COUNCIL MEMBER MILSON.
>> THANK YOU. I'M WONDERING IF YOU CAN SHARE WITH US.
YOU'RE TALKING ABOUT SHELTER CAPACITY, OVERFLOW SERVICES.
I WANT TO SAY FIRST OF ALL, THANK YOU FOR STEPPING UP AND MAKING SURE THAT PEOPLE HAD A PLACE TO GO AND WE'LL BE SUPPORTING THOSE PAYMENTS AND APPRECIATE THAT THE CITY HAS DONE WHAT I THINK IS MORALLY INCUMBENT UPON US.
BUT I'M WONDERING IF YOU CAN TALK TO US A LITTLE BIT ABOUT AND IF YOU'RE NOT PREPARED TODAY, SEND IT AS A MEMO.
TALK TO US ABOUT THE HISTORY OF SHELTER BED AVAILABILITY AND THE CAPACITY THAT WE'VE HAD OVER THE YEARS COMPARED TO WHAT WE HAVE TODAY.
>> SURE. THANK YOU FOR THAT QUESTION.
COUNCIL MEMBER AT CHRISTINE CROSELY, OFFICER, HOMELESS SOLUTIONS DIRECTOR.
IN BROAD TERMS, I DON'T HAVE A BUNCH OF NUMBERS RIGHT NOW, BUT OUR SHELTER BED CAPACITY IS SOMETHING THAT WE FOCUSED ON FOR A LONG TIME AND THEN REALIZED WE NEEDED TO MOVE TO HOUSING AND A PLACE FOR PEOPLE TO GO.
WHILE WE ARE EFFECTIVELY BOLSTERING THAT ENTIRE PIPELINE, THERE HAS BEEN AN OVERFLOW NEED BY SHELTERS THAT THEY HAVE SUPPLEMENTED WITH HOTELS FOR A LONG TIME AND IT'S ACTUALLY WORKING REALLY WELL.
WITH THE LOSS OF SEVERAL PRIVATE GRANTS THAT ARE JUST THEIR TIME HAS GONE AND THE FUNDING HAS DRIED UP, WE KNEW THAT FOR A COUPLE OF ORGANIZATIONS THEY WERE NOT GOING TO HAVE THE FUNDING TO CONTINUE THESE PARTNERSHIPS.
FOR US IT WAS, INSTEAD OF BUILDING MORE SHELTERS, HOW CAN WE EFFECTIVELY KEEP AND BOLSTER WHAT'S ALREADY IN PLACE SO THAT WE HAVE THESE TURNKEY ROOMS THAT ARE READ IT QUICKLY.
WE LOOKED INTERNALLY AND FOUND $1 MILLION TO BE ABLE TO SUPPORT THOSE WHO ARE ALREADY DOING THIS WORK.
THEY'RE NOT NAMED IN THE MEMO BECAUSE THE CONTRACTS ARE STILL BEING SIGNED, SO IT WILL BE ABLE TO BRIEF BY MEMO BEFORE IT GOES TO COUNSEL IN EARLY MAY ON WHO THOSE AWARDEES WERE.
BUT THERE DEFINITELY IS A NEED FOR IT AND THIS IS HOW WE HAVE AS A SYSTEM CREATIVELY SOLVE THE NEED AND CONTINUE TO SUPPORT THAT SOLVING.
I KNOW THAT PART OF THAT IS HAPPENED BY THIS BODY IN THE LAST BUDGET WAS SUPPORTED BY THE MASTER LEASING TO POTENTIALLY DO MORE OF THIS WORK.
>> IN 2017, WHEN I WAS ON THE SUSAN HOMELESS COMMISSION, WE ASKED FOR AND GOT A PROGRAM TO ADD 50 ADDITIONAL EMERGENCY SHELTER BEDS AT THE BRIDGE, WHICH WE'RE DOING PAY TO STAY.
BUT IN THAT TIME WE ALSO LOST SOME SHELTER BEDS.
DALLAS LIFE, OUR LARGEST SHELTER THAT WE RARELY EVEN TALKED ABOUT, HAS CHANGED SOME OF ITS CAPACITY.
I GUESS I'M LOOKING FOR THAT OVERVIEW OF HOW MANY BEDS ARE AVAILABLE, HOW OFTEN WE ARE NEEDING TO GO TO THE HOTELS.
BECAUSE I HAVE A FEELING THAT WE NEED MORE SHELTER BEDS.
WE'VE BOUGHT A HOTEL AND DISTRICT 8 AND DISTRICT 1.
WE'VE GOT THE HOSPITAL ON HAMPTON.
THESE ARE THREE FACILITIES THAT WE'VE ALREADY PURCHASED THAT ARE VACANT.
YES, TWO OF THOSE ARE ABOUT TO BE UNDER ACTIVE CONSTRUCTION OR ARE UNDER ACTIVE CONSTRUCTION IN TERMS OF A WAY TO LONG-TERM HOUSE PEOPLE SO WE CAN MOVE THEM OUT OF THE SHELTERS.
BUT DEFINITELY, I THINK CONTINUED EXPANSION OF THE HOTEL MODEL THAT'S WORKING FOR OUR PROVIDERS ALREADY THROUGH THEIR EXISTING RELATIONSHIPS IS WOULD BE EXTREMELY WELCOME.
>> WELL, I JUST THINK SHELTERS HAVE TO BE PART OF THE SOLUTION, NOT THE SOLUTION, BUT PART OF AND I THINK THAT THERE'S A PROBLEM OF NOT ENOUGH BEDS.
IF YOU WOULD BE ABLE TO WORK WITH HOUSING FORWARD TO GET AN ANALYSIS EVERY YEAR OF HOW MANY BEDS ARE AVAILABLE AND WHAT THAT CAPACITY HAS BEEN,
[02:20:01]
I THINK THAT'LL HELP US MAKE SOME BETTER DECISIONS.BUT IN THE MEANTIME, THANK YOU FOR FOR DOING THE OVERFLOW NEEDS WITH THE HOTEL ROOMS.
>> YES, WE DID ONE OF THOSE LAST YEAR FOR THE OVERALL, SO WE'LL REFRESH IT AND SEND IT BACK OUT. THANK YOU.
>> I HAVE ITEMS FOR D, DO YOU WANT ME TO GO OR?
>> THANK YOU, MR. CHAIR. CHRISTINE, THE AMOUNT OF $1 MILLION FOR EXPANDED SHELTER OVERFLOW, THAT $1 MILLION WILL GO TO PURCHASE ADDITIONAL HOTEL ROOMS TO RENT ADDITIONAL HOTEL ROOMS IN THE NEXT INCLEMENT WEATHER SITUATION?
>> NO. INCLEMENT WEATHER IS A BUDGET THAT IS ALREADY PROVIDED IN OUR GENERAL FUND PER CITY COUNCIL.
THIS IS EXISTING FUNDING FROM THIS YEAR'S BUDGET THAT WE REALLOCATED SO THAT IT CAN GO TO SHELTER PROVIDERS TO MAKE SURE THAT THEY HAVE THE FUNDING TO SECURE THOSE HOTEL ROOMS.
>> WHAT ARE WE ROBBING PETER TO PAY PAUL?
>> WE'RE NOT ACTUALLY THIS IS IF YOU NOTICE A LOT OF THIS IS EMERGENCY SOLUTION OR EMERGENCY SOLUTIONS GRANT CARES AND ESG FUNDING THAT WAS GOING TO GO AWAY IF WE DID NOT USE IT FROM THE COVID RELIEF TRANCHES.
WE HAD FUNDING THAT JUST DIDN'T WORK FOR OTHER USES BECAUSE OF THE TIME LIMITATIONS AND THE STRINGENT RULES AND REGULATIONS AROUND IT.
WE WERE ABLE TO USE DIFFERENT FUNDING FOR THAT AND REALLOCATE.
THIS WOULD HAVE JUST GONE AWAY IF WE DIDN'T USE IT.
>> WE'RE GOING TO BE USING IT TO HOUSE PEOPLE WHEN THE SHELTERS ARE FULL?
>> YES. A COUPLE OF SHELTERS ALREADY HAVE RELATIONSHIPS WITH HOTELS WHERE WHEN THEY NEED TO DO ADDITIONAL SHELTERING FAMILIES IS A REALLY SPECIFIC ONE.
THEY WILL SECURE HOTEL ROOMS AND THEN HAVE STAFF ALSO WORK THERE.
IT'S SOMETHING THAT IS ONGOING AND IT'S BEEN A SUCCESSFUL MODEL FOR A COUPLE OF YEARS NOW, BUT WITH THE EXISTING FUNDING FOR THOSE DRYING UP WE NEEDED TO MAKE SURE THAT THEY WERE SUPPORTED SO WE WOULDN'T LOSE THAT VERY NEEDED SPACE.
>> WHAT'S A MILLION DOLLAR FIGURE BASED ON.
JUST FUNDS AVAILABILITY OR ACTUAL NEED?
>> THAT'S WHAT WE HAD TO PUT TOWARDS IT.
>> ANYONE ELSE ON ITEM C? WE'LL MOVE ON TO ITEM D. NOW, BEFORE WE DO THAT, I DO KNOW WE HAVE SOME OF OUR STAKEHOLDERS IN THE AUDIENCE.
IF ANY OF OUR COLLEAGUES HAVE QUESTIONS, WE'LL BE ABLE TO CALL ONE.
>> DO WE NEED A MOTION TO BE ABLE TO DO THAT? ITEM E. ANYONE ON ITEM E? ITEM F.
>> YES. IF IT'S OKAY WITH YOU, CHAIR, I WOULD LIKE TO TALK ABOUT F AND G TOGETHER SINCE THEY'RE THE SAME THING.
DAVID MY QUESTION IS REALLY THE HOUSING FINANCE CORPORATION, HOW MANY OF THE PROPERTIES, I THINK THEY OWN 10, HOW MANY OF THEM DID THEY ACQUIRE AS OPPOSED TO BUILD? KYLE, I THINK THAT'S YOU THEN.
>> YEAH. USING THE ESSENTIAL FUNCTION BONDS, ONLY TWO OF THEM HAVE BEEN ACQUISITIONS.
THESE TWO ARE UNDER CONSIDERATION OBVIOUSLY HERE TODAY BUT AS FAR AS ACQUISITION USING THE ESSENTIAL FUNCTION BONDS THAT HAS BEEN THE BRISCOE AND THE DYLAN WE HAVE ACQUIRED IN THE DHFC'S HISTORY, THE MIDPARK TOWERS, NOW KNOWN AS THE CITIZEN, AND THAT WAS A 4% TAX CREDIT RENOVATION.
PROVIDENCE AND MOCKINGBIRD, RIDGECREST TERRACE APARTMENTS, AND PARK AT CLIFF CREEK, BUT THOSE WERE ALL 4% ACQUISITION REHAB TRANSACTIONS.
>> I'M JUST GOING TO SAY THAT I AM NOT A FAN OF THIS ACQUISITION MODE AND I'M NOT A FAN BECAUSE YOU'RE ACTUALLY TAKING INCOME-PRODUCING, REVENUE-PRODUCING TO THE CITY DOLLARS OFF OF OUR TAX ROLLS AND YOU'RE ACTUALLY NOT CREATING ANY NEW UNITS AND YOU'RE JUST CONVERTING MARKET RATE TO AFFORDABLE.
I DON'T THINK IT'S ACTUALLY HITTING THE GOALS OF WHAT WE NEED.
WE NEED PRODUCTION AND I THINK THAT WAS A PRETTY ROBUST CONVERSATION WE JUST HAD.
SECOND, IS WE NEED THE REVENUE AND BOYS I CAN TO COME HOME AS OUR ECONOMY STRUGGLES A LITTLE BIT.
I WOULD LOVE THIS BODY AT SOME POINT TO BE ABLE TO GIVE DIRECTION TO THE HOUSING FINANCE CORPORATION THAT OUR PREFERENCE IS TO CONSTRUCT, NOT TO ACQUIRE AND THAT WAS MY POINT OF PULLING BOTH OF THESE AND I WOULDN'T SUPPORT THEM AT COUNCIL.
THANK YOU. I WOULD JUST SAY THIS IS TOGETHER
[02:25:04]
540,000 A YEAR FOR THE FIRST ONE AND 423,000 A YEAR FOR THE SECOND SO YOU'RE TALKING ABOUT A MILLION DOLLARS OF REVENUE IN OUR BUDGET, A MILLION DOLLARS A YEAR AND THAT'S JUST YEAR 1. THANK YOU.>> ANYONE ELSE ON ITEMS F OR G? ITEM H? SEEING NONE? I? J?
>> [OVERLAPPING] I'M JUST GOING TO SAY THAT THERE'S NOT A REVENUE FORGONE ON THOSE ITEMS IN THE MEMO.
BUT THERE IS REVENUE THAT'S FORGONE, CORRECT?
>> THE 4% TAX CREDIT ACQUISITIONS?
>> [OVERLAPPING] NO. I'M SORRY.
>> SORRY, IT'S A TOUGHER ITEM.
THESE ARE TAX EQUITY AND FISCAL RESPONSIBILITY ACT APPROVAL SO WHEN WE ISSUE BONDS USING THE PRIVATE ACTIVITY BONDS AUTHORIZED THROUGH THE STATE, THE CITY COUNCIL AS THE GOVERNING BODY OF THIS JURISDICTION WHERE THE TAX-EXEMPT BONDS ARE ISSUED THAT'S [OVERLAPPING]
>> YEAH, BECAUSE THOSE ARE NOT THE 4% UNTIL WE GET TO K?
>> IT'S PART OF THE ROUTINE PROCESS FOR GETTING A 4% TAX CREDIT DEAL CLOSED BECAUSE YOU HAVE TO USE PRIVATE ACTIVITY BONDS AND THE CITY COUNCIL HAS TO APPROVE THAT THEY ARE TAX-EXEMPT BASED ON THE TAX EQUITY AND FISCAL RESPONSIBILITY ACT.
BUT THE TAX EXEMPTION HERE, THAT WE'RE SPEAKING ABOUT, IS ONLY SO THAT THE BONDS THEMSELVES ARE CONSIDERED FEDERAL INCOME TAX EXEMPT AND IT HAS NOTHING TO DO WITH THE CITY.
IT'S NOT OBLIGATION OF THE CITY.
IT'S ONLY JUST THIS BODY HAS TO APPROVE THIS FOR THE TAB FOR A HEARING ITEM.
>> THEN CHAIR, I DON'T HAVE ANY OTHER QUESTIONS UNTIL WE GET TO T AND U.
>> DOES ANYONE HAVE ANY QUESTIONS BETWEEN J AND M? SEEING NONE. REPORTS ON ITEM N? SEEING NONE, AND THEN UPCOMING ITEMS WE'LL JUST GO AHEAD AND IF YOU DO HAVE A QUESTION ON ANY ITEMS, WE'LL JUST GO STRAIGHT TO THEM.
>> I'M JUST GOING TO SAY THAT I'M NOT INTERESTED IN GIVING UP THAT REVENUE FOR T AND U, NOT INTERESTED IN THE PFC MODEL OF 75 YEARS SO IF THERE'S A MOTION TO MOVE THOSE FORWARD, I JUST WAS WANTING TO HAVE THEM SEPARATED. THANK YOU.
>> ANYONE ELSE ON UPCOMING AGENDA ITEMS? WITH THAT, OUR DIRECTOR HAS A COUPLE OF WORDS.
>> GREAT. THANK YOU, CHAIRMAN.
FIRST THING I WANTED TO MENTION IS THAT CYPRUS CREEK, IT'S A PROJECT WE'VE HAD A LOT OF CONVERSATION ABOUT.
I WANT TO LET YOU KNOW THAT THERE IS A FORMAL MEMO THAT'LL BE COMING OUT THIS FRIDAY WITH AN UPDATE ON WHERE WE ARE WITH THAT SO PLEASE LOOK OUT FOR THAT.
FINALLY, I WANT TO LET YOU KNOW THAT THIS WILL BE KYLE HINES'S LAST HOUSING AND HOMELESS SOLUTIONS COMMITTEE AND JUST WANTED TO RECOGNIZE HIM AND THANK HIM FOR HIS SERVICE AS HE PREPARES TO LEAVE THE CITY LATER THIS WEEK.
>> MY WIFE AND I JUST HAD A CHILD AND WHEN THAT HAPPENS, YOU LIKE TO GET CLOSER TO YOUR FAMILY SO I'LL BE MOVING BACK TO MICHIGAN TO BE NEAR THE GRANDPARENTS AND HIS COUSINS AND ALL OF THAT GOOD STUFF SO I WILL DEARLY MISS THE CITY.
I BELIEVE THIS IS A CHILD-BASED DECISION.
I WOULD LOVE TO STAY HERE AND CONTINUE WORKING ON OUR PIPELINE AND PROVIDING ALL OF THE HOUSING OPPORTUNITIES FOR THE FOLKS THAT WE'VE BEEN WORKING FOR.
BUT YES, THIS WILL BE MY LAST HOUSING COMMITTEE. [OVERLAPPING]
>> THANK YOU AND I APPRECIATE EVERYBODY'S THOUGHTFUL COMMENTS ON EVERYTHING THAT WE'VE DONE.
I AM PROUD OF WHAT WE'VE ACCOMPLISHED HERE.
I KNOW THAT WE CAN ALWAYS DO BETTER, BUT I REALLY DO WANT TO THANK EVERYBODY.
I'VE ENJOYED WORKING WITH EVERY SINGLE PERSON HERE, AND I WILL MISS EVERYBODY DEARLY.
>> OH, THANK YOU. REALLY AT FIRST I WAS LIKE, OH MY GOD, WE'RE LOOSENING, BUT YOU'VE DONE SUCH A FANTASTIC JOB.
BUT I FEEL GOOD NOW THAT WE'RE IN THE AGE OF VIRTUAL CONNECTIVITY,
[02:30:04]
THAT YOU AND I WILL STILL BE ABLE TO COMMUNICATE.>> YES, I APPRECIATE IT, BUT I DO UNDERSTAND ABOUT THE FAMILY, BUT YOU HAVE BEEN A SUPPORT FOR US AND SO I WISH YOU NOTHING BUT THE BEST, AS WELL AS YOUR FAMILY. THANK YOU.
>> THANK YOU. WITH THAT, I WANT TO MAKE SURE THAT ON THE UPCOMING ITEMS, THERE IS NO ACTION ON THOSE, CORRECT?
>> THAT'S RIGHT. THERE'S NO ACTION ON THE UPCOMING ITEMS. NO ACTION IS NEEDED IN ORDER TO MOVE THEM FORWARD TO COUNCIL. IS THAT YOUR QUESTION?
>> THANK YOU. WITH THAT, THE TIME IS 11:35, AND WE ADJOURN TODAY'S HOUSING AND HOMELESSNESS COMMITTEE MEETING. THANK YOU.
* This transcript was compiled from uncorrected Closed Captioning.