Community Preservation Act on October 20, 2026

0:41 IS ENRIQUE PEPEN, DISTRICT

0:43 FIVE CITY COUNCILOR AND I AM

0:44 THE CHAIR OF THE BOSTON CITY

0:47 COUNCIL COMMITTEE ON COMMUNITY

0:48 PRESERVATION ACT.

0:50 TODAY IS OCTOBER 20TH 2026 AND

0:53 THE EXACT TIME IS 10:39 A.M.

0:57 THIS HEARING IS BEING RECORDED.

0:58 IT IS ALSO BEING LIVE STREAMED

1:02 AT BOSTON.GOV/CITY COUNCIL DASH

1:04 TV AND BROADCAST ON XFINITY

1:06 CHANNEL EIGHT, RCN CHANNEL 82

1:09 AND FILES CHANNEL NINE SIX FOR

1:12 READING.

1:12 COMMENTS MAY BE SENT TO THE

1:13 COMMITTEE EMAIL AT SIX KPA AT

1:17 BOSTON GOV AND WILL BE MADE A

1:19 PART OF THE RECORD AND

1:19 AVAILABLE TO ALL THE COUNCILORS

1:21 .

1:23 PUBLIC TESTIMONY WILL BE TAKEN

1:24 AT THE END OF THIS HEARING.

1:25 INDIVIDUALS WILL BE CALLED ON

1:27 IN THE ORDER IN WHICH THEY

1:28 SIGNED UP AND WILL HAVE TWO

1:29 MINUTES TO TESTIFY.

1:31 IF YOU'RE INTERESTED IN

1:32 TESTIFYING IN PERSON, PLEASE

1:33 ADD YOUR NAME TO THE SIGN UP

1:35 SHEET NEAR THE ENTRANCE OF THE

1:37 CHAMBER.

1:37 IF YOU'RE LOOKING TO TESTIFY

1:39 VIRTUALLY, PLEASE EMAIL OUR

1:41 CENTRAL STAFF LIAISON RYAN

1:43 PRATT AT RYAN ARIANA PR T AT

1:49 BOSTON GOV.

1:50 FOR THE LINK IN YOUR NAME WILL

1:52 BE ADDED TO THE LIST.

1:53 TODAY'S HEARING IS ON DOCKET

1:55 NUMBER 1601.

1:57 ORDER FOR A HEARING TO EXPLORE

1:59 RAISING THE PERCENTAGE

2:00 OF COMMUNITY PRESERVATION ACT

2:01 FUND DEDICATED TO AFFORDABLE

2:03 HOUSING.

2:04 THIS MATTER WAS SPONSORED BY

2:06 COUNCILORS BRIAN WILL ROUTE AND

2:08 MANY ARE TO CULPEPER AND WAS

2:10 REFERRED TO THE COMMITTEE ON

2:12 AUGUST 26TH, 2026.

2:16 TODAY I AM JOINED BY MY

2:18 COLLEAGUES IN ORDER OF ARRIVAL

2:20 COUNCILOR MURPHY.

2:21 COUNCILOR FLYNN.

2:23 COUNCILOR DURKAN AND

2:24 COUNCILOR WILL ROW IF ANY ARE

2:28 ABSENCE.

2:28 NOPE.

2:29 AND TODAY I'M ALSO.

2:31 FIRST WE ARE JOINED BY THE

2:34 DIRECTOR OF THE COMMUNITY

2:35 PRESERVATION TREASURY

2:36 DEPARTMENT AND BROWN.

2:37 UM, BUT FIRST BEFORE WE GET

2:39 INTO THE PUBLIC TO TO THE PANEL

2:42 ,I WANT TO GIVE THE

2:43 OPPORTUNITY TO THE MAIN SPONSOR

2:46 FOR AN OPENING STATEMENT.

2:48 UH.

2:52 THANK YOU, CHAIR.

2:53 AND THANK YOU, UM, EXECUTIVE

2:54 DIRECTOR BROWN FOR BEING HERE.

2:56 UM, ALSO TO, UM, THE PUBLIC AND

3:00 TO MY COLLEAGUES.

3:01 I WANT TO ACKNOWLEDGE, UM,

3:02 FIRST AND FOREMOST THE WORK

3:03 THAT THE COMMUNITY PRESERVATION

3:05 COMMITTEE AND CPA STAFF AND THE

3:07 ADVOCATES WHO CONTINUE PUSH FOR

3:09 INVESTMENTS IN OUR

3:10 NEIGHBORHOODS.

3:11 UH, WE KNOW CPA HAS DONE A LOT

3:14 OF GOOD ACROSS OUR CITY.

3:16 UM, BUT WE ALSO KNOW THAT OUR

3:18 ARPA FUNDING IS COMING TO AN

3:20 END.

3:21 UH, WE ALSO KNOW THAT THERE'S

3:22 UNCERTAINTY AROUND STATE AND

3:24 FEDERAL HOUSING RESOURCES.

3:26 UH, WE KNOW THAT CONSTRUCTION

3:27 AND BORROWING COSTS HAVE GONE

3:30 UP AND IT'S TAKING MORE PUBLIC

3:31 DOLLARS TO BUILD THE SAME

3:32 AMOUNT OF AFFORDABLE HOUSING.

3:36 WE ALSO HAVE ROUGHLY 40% OF OUR

3:38 CPA SUPPORTED AFFORDABLE

3:40 HOUSING PROJECTS THAT HAVEN'T

3:42 STARTED CONSTRUCTION.

3:43 I WANT TO UNDERSTAND WHAT'S

3:45 HOLDING THEM UP AND WHETHER

3:46 ADDITIONAL FUNDING CAN HELP.

3:48 UH CAMBRIDGE DEDICATES 80% OF A

3:51 CPA AND FUNDING TO AFFORDABLE

3:52 HOUSING.

3:53 BOSTON'S GOAL IS 50% AND I'M

3:56 NOT SUGGESTING THAT WE MOVE UH,

3:58 TO 80% LIKE CAMBRIDGE IS DOING,

4:00 BUT WE SHOULD BE LOOKING AT

4:02 POSSIBLY AND THAT'S WHAT THIS

4:03 CONVERSATION IS ABOUT IS IF WE

4:05 SHOULD BE LOOKING AT 60 OR 70%

4:08 AND WHAT WOULD THOSE ADDITIONAL

4:09 DOLLARS MEANS FOR FAMILIES

4:11 TRYING TO FIND AN AFFORDABLE

4:13 HOME OR BECOME HOMEOWNERS HERE

4:15 IN THE CITY OF BOSTON?

4:16 ONE THING THAT STOOD OUT TO

4:18 ME IS THAT THE COMMUNITY

4:19 PRESERVATION PLAN ALREADY

4:21 ALLOWS US TO REVISIT THESE

4:23 ALLOCATION BASED ON CHANGING

4:25 NEEDS.

4:26 SO WHAT ACTUALLY CAUSES US TO

4:28 USE THAT FLEXIBILITY IF WE HAVE

4:30 MORE PARKS THAT NEED MAJOR

4:32 IMPROVEMENT, DOES THAT JUSTIFY

4:34 INCREASE IN FUNDING FOR PARKS

4:35 AND IF AFFORDABLE HOUSING IS

4:37 BECOMING MORE EXPENSIVE TO

4:39 BUILD TO THERE, THAT ALSO BE A

4:41 REASON TO RECONSIDER OUR

4:42 HOUSING ALLOCATION BECAUSE IF

4:44 THE CIRCUMSTANCES WE'RE FACING

4:46 TODAY AREN'T ENOUGH TO REVISIT

4:48 THE FORMULA, THEN WHAT WOULD

4:50 BE?

4:50 THAT'S WHY I'M HOPING THAT WE

4:52 CAN BETTER UNDERSTAND THAT

4:53 TODAY AND I LOOK FORWARD TO THE

4:55 CONVERSATION.

4:55 THANK YOU.

4:56 THANK YOU COUNCILOR.

4:57 OKAY I'M GOING TO AS A CHAIR

5:00 JUST WAVE EVERYONE'S OPENING

5:02 STATEMENTS AND JUST GO TO Q&A

5:04 AND I'M GOING TO NOW GIVE.

5:07 US A MAJOR PRESENTATION.

5:09 UM YEAH I'M JUST WAIVING

5:11 EVERYONE'S OPENING STATEMENTS.

5:12 FOR MY COLLEAGUES TO LET.

5:14 YOU KNOW.

5:14 NO NO NO.

5:15 UM, NOW WE'RE GOING TO GET A

5:18 PRESENTATION FROM ADRIAN BROWN.

5:20 FOR YOURS.

5:22 THANK YOU.

5:24 SO THANK YOU, CHAIRMAN PEPEN

5:25 AND MEMBERS OF THE BOSTON CITY

5:28 COUNCIL.

5:28 I HAVE THE HONOR OF SERVING AS

5:30 A DIRECTOR OF THE COMMUNITY

5:31 PRESERVATION OFFICE FOR THE

5:32 PAST EIGHT AND A HALF YEARS.

5:34 I HAVE WORKED WITH THE

5:35 COMMUNITY PRESERVATION

5:35 COMMITTEE AND I'VE OVERSEEN ALL

5:37 NINE FUNDING ROUNDS.

5:39 IT HAS BEEN A PRIVILEGE TO

5:40 SERVE THE RESIDENTS OF BOSTON

5:42 AND HELP ADVANCE PROJECTS AND

5:43 PRESERVE OUR HISTORY, EXPAND

5:45 HOUSING OPPORTUNITIES AND

5:47 IMPROVE COMMUNITY SPACES ACROSS

5:49 THE CITY.

5:49 EACH FUNDING ROUND REQUIRES

5:51 THOUGHTFUL DELIBERATION AND

5:53 DIFFICULT DECISIONS BY THE

5:54 COMMUNITY PRESERVATION

5:55 COMMITTEE.

5:56 WE ARE GRATEFUL FOR THE

5:57 COMMITTEE'S UNWAVERING

5:59 COMMITMENT AND HIGHLY

6:00 COMPETITIVE PROCESS AND THEIR

6:01 DEDICATION TO ENSURING THAT CPA

6:04 FUNDS DELIVER MEANING AND

6:05 LASTING BENEFITS TO BOSTON

6:07 NEIGHBORHOODS.

6:08 TODAY I'VE BEEN ASKED TO JOIN

6:10 THE HEARING TO DISCUSS THE

6:11 COMMUNITY PRESERVATION

6:12 COMMITTEE'S ALLOCATION

6:14 OF FUNDING FOR AFFORDABLE

6:15 HOUSING.

6:16 I APPRECIATE THE OPPORTUNITY TO

6:17 SPEND THE NEXT TEN MINUTES

6:19 PROVIDING THE COUNCIL WITH AN

6:20 OVERVIEW OF THE COMMUNITY

6:21 PRESERVATION ACT PROGRAM, THE

6:22 FUNDING PROCESS AND HOW CPA

6:24 RESOURCES HAVE BEEN DISTRIBUTED

6:26 ACROSS ALL THREE CATEGORIES.

6:30 EACH YEAR.

6:31 STATE LAW REQUIRES THAT 10%

6:33 OF CPA FUNDS MUST BE RESERVED

6:36 FOR THE THREE CORE CATEGORIES

6:37 AFFORDABLE HOUSING, HISTORIC

6:40 PRESERVATION AND OPEN SPACE AND

6:41 RECREATION.

6:42 IN ADDITION, UP TO 5% OF ANNUAL

6:45 CPA REVENUE MAY BE USED FOR

6:47 ADMINISTRATIVE COSTS.

6:48 CPA FUNDINGS ARE RESTRICTED TO

6:50 ELIGIBLE CAPITAL IMPROVEMENTS

6:52 PROJECTS THAT CANNOT BE USED

6:53 FOR ROUTINE MAINTENANCE

6:55 OPERATIONS, STAFFING OR

6:56 PROGRAMING EXPENSES.

6:59 ELIGIBLE APPLICANTS INCLUDE

7:01 PUBLIC AGENCIES, NONPROFIT

7:03 ORGANIZATIONS, PRIVATE ENTITIES

7:05 AND FOR PROFIT ORGANIZATIONS.

7:08 ALL PROPOSED PROJECTS MUST MEET

7:10 THE DEFINITIONS AND

7:11 REQUIREMENTS OUTLINED IN

7:12 CHAPTER 44 B, WHICH ARE LISTED

7:14 HERE FOR REFERENCE.

7:16 UNDERSTANDING THE ALLOWABLE

7:17 USES OF CPA FUNDS IS ESSENTIAL

7:20 FOR APPLICANTS TO SUCCESSFULLY

7:21 COMPLETE THEIR SUBMISSIONS TO

7:24 SUPPORT THEM.

7:24 WE PRIORITIZE EARLY AND

7:26 FREQUENT ENGAGEMENT EDUCATING

7:28 APPLICANTS ON THESE ALLOWABLE

7:30 USES AND SO THAT THEY ARE WELL

7:33 PREPARED.

7:33 BEFORE BEGINNING THE

7:35 ELIGIBILITY DETERMINATION

7:36 PROCESS.

7:38 TO DATE, 438 PROJECTS HAVE BEEN

7:42 AWARDED WITH CPA FUNDS.

7:43 MORE THAN 259 MILLION ACROSS

7:47 BOSTON NEIGHBORHOODS.

7:48 YOU CAN ALSO SEE THAT THE

7:50 FUNDING DISTRIBUTIONS FOR EACH

7:52 FUNDING ROUND FROM 2018 THROUGH

7:55 2026.

7:57 SINCE ITS CREATION, CPA FUNDED

8:00 PROJECTS HAVE BEEN IMPLEMENTED

8:01 IN EVERY NEIGHBORHOOD

8:02 SUPPORTING 66 AFFORDABLE

8:03 HOUSING PROJECTS, 207 HISTORIC

8:06 PRESERVATION PROJECTS AND 165

8:09 OPEN SPACE AND RECREATION

8:11 PROJECTS.

8:13 THE FOLLOWING TABLE SHOWS THE

8:15 DISTRIBUTION OF FUNDING

8:16 ALLOCATIONS ACROSS ALL THREE

8:18 CATEGORIES.

8:19 OVER THE LAST NINE FUNDING

8:20 ROUNDS, AFFORDABLE HOUSING

8:22 REPRESENTS 52% OF THE TOTAL CPA

8:25 FUNDING.

8:26 THIS REFLECTS THE SIGNIFICANT

8:27 INVESTMENT OFTEN REQUIRED TO

8:29 PRESERVE AND CREATE AFFORDABLE

8:30 HOUSING OPPORTUNITIES, HISTORIC

8:33 PRESERVATION AND OPEN SPACE AND

8:35 RECREATION RECEIVED 24% OF THE

8:37 TOTAL CPA FUNDING OVER THE PAST

8:41 NINE FUNDING ROUNDS.

8:42 COMMUNITY PRESERVATION

8:43 COMMITTEE HAS CONSISTENTLY

8:45 PRIORITIZED AFFORDABLE HOUSING,

8:47 COMMITTING 50% OF AVAILABLE

8:48 FUNDING TO AFFORDABLE HOUSING

8:51 CATEGORY WHILE CONTINUING TO

8:52 INVEST IN HISTORIC PRESERVATION

8:54 AND OPEN SPACE AND RECREATION

8:56 PROJECTS.

8:57 THIS DATA DEMONSTRATES THE

8:59 COMMITTEE'S BALANCED APPROACH

9:01 TO MEETING THE GOALS OF THE CPA

9:02 PLAN WHILE ADDRESSING THE

9:04 BOSTON'S ONGOING AFFORDABLE

9:06 HOUSING NEEDS.

9:10 EVERY CPA INVESTMENT LEAVES A

9:12 LASTING LEGACY SUPPORTING

9:14 HOUSING, PRESERVING HISTORY AND

9:15 ENHANCING AND CREATING

9:17 RECREATION SPACES THAT BENEFIT

9:19 RESIDENTS AND GENERATIONS TO

9:20 COME.

9:21 IN THE RECENT MONTHS WE HAVE

9:22 SEVERAL NEW RECREATION PROJECTS

9:24 THAT HAVE BEEN COMPLETED.

9:26 FOR EXAMPLE THE CHARLESTOWN

9:28 PEACE PARK A CREATION OF A NEW

9:29 COMMUNITY PARK SERVING

9:31 RESIDENTS OF CHARLESTOWN,

9:32 BETHANY PARK BETHANY CHURCH

9:34 PARK A DEVELOPMENT OF A NEW

9:36 PUBLIC PARK IN ROSLINDALE ON

9:38 THE LAND OWNED BY BETHANY

9:39 CHURCH NOW OPEN TO THE

9:41 COMMUNITY.

9:45 ROXBURY COMMUNITY COLLEGE

9:46 POCKET PARK.

9:47 CONSTRUCTION OF A NEW A NEW

9:49 PARK BY RCC FOR THE COMMUNITY

9:52 USE AND ENJOYMENT.

9:55 AND NORWELL PARK GROUNDBREAKING

9:58 HAPPENED A FEW WEEKS AGO.

10:01 THIS IS A 1.9 MILLION CPA

10:03 INVESTMENT.

10:04 CPA FUNDING SUPPORTED THE

10:06 ACQUISITION OF THREE PARCELS

10:07 THAT WILL SUPPORT THE

10:08 CONSTRUCTION OF A NEW

10:09 NEIGHBORHOOD PARK IN

10:11 DORCHESTER.

10:13 HISTORIC PRESERVATION FUNDING

10:14 PLAYS A CRITICAL ROLE IN

10:16 MAINTAINING THE CHARACTER,

10:17 HERITAGE AND CULTURAL IDENTITY

10:19 OF OUR NEIGHBORHOODS.

10:20 ENSURING THAT SIGNIFICANT

10:21 BUILDINGS, LANDMARKS AND

10:23 CULTURAL RESOURCES REMAIN

10:25 ACCESSIBLE AND MEANINGFUL TO

10:26 RESIDENTS AND VISITORS ALIKE.

10:29 FOR EXAMPLE, THE 12TH BAPTIST

10:31 CHURCH FOUNDED IN 1840 RECEIVED

10:33 CPA FUNDING TO REMOVE FAILING

10:35 EXTERIOR MATERIALS.

10:36 RESTORE THE BUILDING'S ORIGINAL

10:38 WOOD CLADDING AND HELPING TO

10:40 PRESERVE AN IMPORTANT PIECE

10:41 OF BOSTON'S RELIGIOUS AND

10:43 CULTURAL HISTORY.

10:45 THE UNITED SOUTH END

10:47 SETTLEMENTS RECEIVED FUNDING

10:48 FOR CRITICAL DRAINAGE, ROOFING

10:49 AND MASONRY REPAIRS.

10:51 THESE IMPROVEMENTS HELP PROTECT

10:53 THE HISTORIC COMMUNITY AND THE

10:56 HISTORIC COMMUNITY INSTITUTION

10:58 THAT HAS PROVIDED EDUCATIONAL

11:00 ENRICHMENT AND SUPPORT SERVICES

11:02 TO BOSTON FAMILIES FOR DECADES

11:04 .

11:06 THE NATIONAL CENTER FOR

11:08 AFRO-AMERICAN ARTIST HAS

11:10 RECEIVED THREE CPA GRANTS TO

11:11 SUPPORT MASONRY ROOF

11:13 RESTORATION, STRUCTURAL

11:15 STABILIZATION AND ADA

11:17 ACCESSIBILITY IMPROVEMENTS.

11:18 THESE IMPROVEMENTS ARE

11:19 ADVANCING A MULTI-PHASE

11:20 RESTORATION EFFORT TO PRESERVE

11:22 THIS ICONIC CULTURAL LANDMARK.

11:26 MOST RECENTLY, THE OLD STATE

11:28 HOUSE RECEIVED CPA FUNDING FOR

11:30 CRITICAL STRUCTURAL REPAIRS.

11:32 AS ONE OF BOSTON'S MOST

11:33 SIGNIFICANT HISTORIC LANDMARKS

11:35 AND A MAJOR DESTINATION FOR

11:37 RESIDENTS AND VISITORS.

11:38 THESE IMPROVEMENTS WILL HELP

11:39 ENSURE THE BUILDING REMAINS

11:40 SAFE, ACCESSIBLE AND PRESERVED

11:42 FOR YEARS TO COME.

11:45 TO DATE, CPA HAS AWARDED 14

11:48 MILLION TO THE ACQUISITION

11:49 OPPORTUNITY PROGRAM HELPING

11:51 MISSION DRIVEN DEVELOPERS

11:53 PURCHASE TENANT OCCUPIED

11:54 BUILDINGS BEFORE CASH BUYERS

11:56 AND PRIVATE INVESTORS.

11:58 REDUCING DISPLACEMENT AND

11:59 PRESERVING AFFORDABILITY.

12:01 THIS PROGRAM HAS RECENTLY BEEN

12:04 RECOGNIZED FOR THE 2026 IVERY

12:06 PRIZE FOR HOUSING AFFORDABILITY

12:08 AND THE FINANCE CATEGORY.

12:12 OVER 21 MILLION IN CWP FUNDING

12:14 HAS BEEN SUPPORTED TO THE ONE

12:16 PLUS BOSTON FIRST TIME

12:18 HOMEBUYERS PROGRAM, HELPING

12:20 MORE THAN 1000 RESIDENTS BECOME

12:22 FIRST TIME HOMEOWNERS WITH OVER

12:24 480 WITH OVER 480 HOMEBUYERS

12:27 RECEIVING DOWNPAYMENT AND

12:29 CLOSING COSTS ASSISTANCE.

12:33 CPA FUNDS SUPPORT BOTH RENTAL

12:35 AND HOMEOWNERSHIP OPPORTUNITIES

12:36 FOR HOUSEHOLD EARNING UP TO 180

12:40 UP TO 100% OF THE AMI

12:44 PRESERVING.

12:44 IT HAS ALSO HELPED PRESERVE AND

12:46 DEVELOP OVER 2400 UNITS

12:49 OF AFFORDABLE HOUSING INCLUDING

12:50 HOME OWNERSHIP OPPORTUNITIES

12:52 SUPPORTING HOUSING PROJECTS FOR

12:55 VETERANS, SENIORS AND

12:56 INDIVIDUALS EXPERIENCING

12:58 HOMELESSNESS.

12:58 THE COMMITTEE STRIVES TO FIND

13:00 NEW AFFORDABLE HOUSING UNITS

13:02 THAT PRIORITIZE LOCAL RESIDENTS

13:04 .

13:04 THE COMMITTEE ALSO STRIVES TO

13:06 SUPPORT DEEPLY AFFORDABLE UNITS

13:08 SERVING HOUSEHOLDS EARNING

13:11 BETWEEN 30 AND 60% AMI.

13:15 THE CPA FIVE YEAR PLAN HAS

13:17 OVERALL GOALS AND KEY GOALS FOR

13:19 THREE FUNDING CATEGORIES.

13:21 ONE OF THE GOALS IS TO CONTINUE

13:23 TO ESTABLISH A CPA FUNDING

13:25 ALLOCATION FORMULA ANNUALLY TO

13:28 HELP GUIDE RECOMMENDATIONS.

13:31 AS STATED EARLIER IN MY

13:32 PRESENTATION, THE COMMITTEE IS

13:33 COMMITTED TO PROVIDING A

13:35 BALANCED APPROACH TO MEET THE

13:36 GOALS OF THE CPA PLAN WHILE

13:39 ADDRESSING BOSTON'S ONGOING

13:41 AFFORDABLE HOUSING NEEDS.

13:42 THANK YOU FOR THE OPPORTUNITY

13:44 TO SHARE THIS INFORMATION.

13:48 THANK YOU DIRECTOR BROWN.

13:51 ALSO THANK YOU JUST FOR THE

13:52 AMAZING.

13:52 WORK THAT YOU AND YOUR ENTIRE

13:54 TEAM DOES.

13:54 ON A CONSISTENT BASIS.

13:55 THANK YOU.

13:56 SO IT'S AN HONOR TO BE ABLE TO

13:57 WORK WITH YOU.

13:58 UM OKAY.

13:59 NOW WITH THAT I'M GOING TO GO.

14:02 TO MY COLLEAGUES FOR FOR Q&A.

14:04 I'M GOING.

14:04 TO.

14:05 GIVE.

14:05 MY COLLEAGUE SEVEN MINUTES.

14:06 UM, THE FIRST ROUND AND THEN IF

14:08 ANYONE HAS ANY FOLLOW UP

14:09 QUESTIONS I'LL.

14:10 ALLOW SOME EXTRA TIME.

14:11 I'M GOING TO START OFF WITH

14:12 THE.

14:13 WITH THE MAIN SPONSOR.

14:14 OF THIS DOCKET COUNCIL ORAL AND

14:16 THEN WE'LL GO IN ORDER

14:17 OF ARRIVAL.

14:18 I ALSO WANT TO MAKE SURE THAT.

14:20 I.

14:20 .

14:22 UM ACKNOWLEDGE THAT WE'VE BEEN

14:23 JOINED BY COUNCILORS BREADON

14:24 AND COUNCILORS FITZGERALD.

14:26 SO THANK YOU FOR BEING HERE.

14:27 OKAY.

14:28 COUNCIL.

14:28 WELL, THE FLOOR IS YOURS.

14:29 UH THANK YOU, CHAIR, THANK YOU

14:31 .

14:31 UH, EXECUTIVE DIRECTOR BROWN UM

14:33 ,AGAIN, VERY GRATEFUL FOR THE

14:34 WORK THAT THE CPA HAS DONE

14:36 THROUGHOUT UH, THE ENTIRE CITY

14:39 OF BOSTON WAS AT UM, UH, THE

14:42 WILD PARK.

14:42 UH, SO THANK YOU FOR THAT AND

14:44 HAVE BEEN AT MANY RIBBON

14:45 CUTTINGS UM, BOTH SIDE WITH

14:47 THIS OPEN SPACE UH OR

14:49 AFFORDABLE HOUSING.

14:50 UH, ONE OF MY QUESTIONS IS

14:53 AROUND, UM, TRYING TO FIND WAYS

14:55 ON HOW TO MAXIMIZE THE MOST OUT

14:57 OF CPA FUNDS.

14:58 HAVE WE EVER EXPLORED I THINK

15:00 MASSACHUSETTS STATE LAW GIVES

15:03 US THE ABILITY TO BOND AGAINST

15:05 CPA FUNDS.

15:06 HAVE WE EVER EXPLORED BONDING

15:08 AGAINST CPA FUNDS AND CAN YOU

15:10 TELL ME ABOUT WHAT THAT IMPACT.

15:12 WOULD LOOK LIKE?

15:14 SO NO, THE COMMITTEE CURRENTLY

15:16 THERE WAS A DISCUSSION AROUND

15:18 BONDING AND AT THE TIME YOU

15:20 KNOW, THE TREASURY KIND

15:22 OF ADVISED THAT IT WOULDN'T BE

15:23 SOMETHING THAT THE COMMITTEE

15:24 SHOULD THINK ABOUT DOING.

15:26 UM I DON'T HAVE ALL THE EXACT

15:28 DETAILS.

15:29 I KNOW THE COMMITTEE THE

15:30 PRESENTATION WAS GIVEN TO THE

15:32 COMMITTEE AND AT THE TIME THE

15:33 COMMITTEE DID NOT CHOOSE TO DO

15:34 BONDING.

15:35 THEY DID WANT TO WORK WITHIN

15:36 THE FUNDS THAT THEY CURRENTLY

15:37 HAD ON HAND TO BE ABLE TO FUND

15:39 THE PROJECTS.

15:40 AND SO HOW LONG AGO WAS THAT

15:43 PRESENTATION FROM THE TREASURY?

15:44 THAT PRESENTATION MAY HAVE BEEN

15:46 DONE A FEW YEARS AGO.

15:48 OKAY.

15:49 UM WE.

15:50 WERE ABLE TO THE CHAIR WOULD

15:51 BE ABLE TO SUBMIT.

15:52 THAT PRESENTATION SO WE COULD

15:53 GET A BETTER UNDERSTANDING

15:54 OF THE IMPACTS.

15:56 SO I'LL BE ABLE TO PROVIDE SOME

15:57 INFORMATION AROUND THAT.

15:58 OKAY.

15:59 THANK YOU.

16:01 UM, WHEN IT COMES TO THE ANNUAL

16:07 CONVERSATION AROUND HOW THE

16:08 BOARD WILL BE ALLOCATING UH,

16:12 THE FUNDS WHAT WHAT WHAT IS THE

16:14 BOARD.

16:15 LOOK.

16:15 LOOK INTO TO DETERMINE

16:18 WHETHER WE'RE KEEPING, UM, THE

16:20 SAME ALLOCATIONS OR READJUSTING

16:22 ?

16:23 SURE.

16:24 THAT'S A GREAT QUESTION.

16:26 SO EVERY YEAR WE RECEIVE OVER

16:28 100 ELIGIBILITY FORMS AND THEN

16:30 A SIGNIFICANT AMOUNT

16:31 OF PROJECTS THAT COME IN FROM

16:32 THE JOINT RFP WITH THE MAYOR'S

16:34 OFFICE OF HOUSING.

16:35 SO THE COMMITTEE UNDERSTANDS

16:37 THAT THERE'S A HOUSING CRISIS

16:39 AND A NEED WITHIN THE CITY

16:41 OF BOSTON.

16:41 BUT THEY ALSO UNDERSTAND THAT

16:43 THERE'S A LARGE ADVOCATE

16:45 OF COMMUNITY GROUPS THAT ALSO,

16:46 UM, YOU KNOW, HAD SUPPORT FOR

16:49 THE OTHER TWO FUNDING

16:51 CATEGORIES.

16:51 HISTORIC PRESERVATION IS THE

16:53 LARGEST CATEGORY OF PROJECTS

16:55 THAT COME IN EVERY YEAR.

16:57 AND SO THE COMMITTEE HAS TO

16:58 CONSIDER IF WE'RE ALREADY

17:00 GIVING 50% TO AFFORDABLE

17:02 HOUSING, WHICH IS THE BIGGEST

17:03 NEED WITHIN THE CITY.

17:04 IT'S ONLY A BALANCED APPROACH

17:06 TO CONTINUE TO THINK ABOUT THE

17:08 OTHER TWO OTHER TWO CATEGORIES

17:10 WHICH IS HISTORIC PRESERVATION

17:12 AND OPEN SPACE AND RECREATION

17:13 BECAUSE THOSE PROJECTS ALSO

17:15 HAVE CRITICAL NEEDS.

17:16 AND SO THE COMMITTEE SINCE THE

17:19 INCEPTION HAS DECIDED THAT 50%

17:22 WOULD BE THE FUNDING

17:23 ALLOCATION.

17:24 AND WHEN OUR HEARING HAPPENS

17:25 OUR ANNUAL HEARING HAPPENS IN

17:27 UH SEPTEMBER EACH YEAR.

17:29 THEY HAVE TEND TO STICK TO THE

17:31 50% 20% TO UH, OPEN SPACE AND

17:35 RECREATION AND 20% TO HISTORIC

17:37 PRESERVATION AND DECIDING WHERE

17:39 TO SPLIT THE 10%.

17:41 AND HISTORICALLY THEY HAVE

17:42 SPLIT THE 10% BETWEEN THE OTHER

17:44 TWO CATEGORIES BASED ON THE

17:47 SIGNIFICANT NEEDS OF THE

17:49 REQUEST THAT COME IN THAT

17:50 FUNDING ROUND.

17:51 OUR GRANT IS ONE OF THE MOST

17:52 COMPETITIVE FUNDING GRANT UH

17:54 GRANTS ESPECIALLY FOR THE

17:56 HISTORIC PRESERVATION CATEGORY

17:57 BECAUSE OUR FUNDS IS GETTING

17:59 OUT THE DOOR FAIRLY QUICKLY AND

18:01 PROJECTS ARE BEING COMPLETED

18:02 WITHIN WITHIN A 24 MONTH

18:04 TIMELINE.

18:05 THANK YOU.

18:05 AND DO YOU SEE, UM, YOU KNOW

18:09 ,OVER THE COURSE OF LIKE THE

18:10 LAST THREE YEARS THE ABILITY TO

18:12 STRETCH THE 50% THAT'S

18:14 ALLOCATED TO AFFORDABLE

18:16 HOUSING, UM.

18:19 BE A LOT LESS LIKE YOU'RE.

18:21 ABLE TO REACH LESS UM, PROJECTS

18:25 AS CONSTRUCTION AND BORROWING

18:26 COSTS GO UP.

18:27 ARE YOU.

18:28 SEEING THE SAME AMOUNT

18:29 OF PROJECTS BEING FUNDED OR

18:30 LESS PROJECTS BEING FUNDED?

18:32 I THINK THERE HAS BEEN A SHIFT

18:34 IN THE LAST FUNDING ROUND I

18:36 WOULD SAY JUST DUE TO UM

18:38 CUTBACKS AND OTHER FUNDING

18:39 SOURCES TO HELP WITH

18:40 HOMEOWNERSHIP.

18:41 SO THE LAST FUNDING ROUND WAS

18:43 THE FIRST TIME THAT THE

18:45 COMMITTEE SAW A LOT OF RENTAL

18:47 PROJECTS ONLY AND THEN WE ONLY

18:48 HAD ONE HOMEOWNERSHIP WHICH WAS

18:50 THE ONE PLUS BOSTON

18:52 HOMEOWNERSHIP PROGRAM.

18:53 SO WE NOTICED THAT SHIFT LAST

18:56 YEAR IN OUR FUNDING ROUND DUE

18:58 TO THE FACT THAT THERE WAS JUST

18:59 NOT ENOUGH FUNDING TO SUPPORT

19:00 HOMEOWNERSHIP PROJECTS, BUT WE

19:02 WERE STILL ABLE TO FUND RENTAL

19:04 PROJECTS.

19:04 I WOULD SAY WE STILL FUNDED

19:06 ABOUT THE SAME AVERAGE AMOUNT

19:07 OF PROJECTS THAT WE DID.

19:09 AGAIN, WE JUST DID NOT WE WERE

19:10 NOT ABLE TO UH, SUPPORT

19:12 HOMEOWNERSHIP.

19:13 WE WERE JUST ABLE TO SOMEWHAT

19:14 SUPPORT A LOT OF RENTAL

19:15 PROJECTS LAST YEAR.

19:17 GOT IT.

19:18 AND I KNOW THAT WHEN IT COMES

19:21 TO HOMEOWNERSHIP, PARTICULARLY

19:22 AFFORDABLE HOMEOWNERSHIP UH,

19:24 SOMETIMES DID NOT AS ENOUGH

19:27 FUNDING FROM THE STATE SIDE UH

19:29 TO MAKE THOSE PROJECTS UM

19:31 ACTUALLY POSSIBLE.

19:33 SO SOMETIMES, YOU KNOW, WHEN

19:34 THE STATE FUNDING IS UNCERTAIN

19:38 IT DOESN'T INCENTIVIZE OR

19:40 CREATE, YOU KNOW, THE

19:41 ATMOSPHERE FOR DEVELOPERS.

19:43 TO PROVIDE.

19:44 AFFORDABLE HOMEOWNERSHIP.

19:45 WOULD WOULD THAT BE A REASON,

19:47 UM, THAT THE BOARD WOULD

19:49 CONSIDER TO INCREASING UM THE.

19:52 AFFORDABLE OR.

19:53 THE AFFORDABLE HOUSING TO

19:54 TRY TO SEE IF WE CAN JUMPSTART

19:57 OR INCENTIVIZE UM, AFFORDABLE

19:59 HOMEOWNERSHIP AS WE SEE, YOU

20:00 KNOW, THE DECLINE IN

20:02 INVESTMENTS FROM THE CPA.

20:04 I THINK THE COMMITTEE IS ALWAYS

20:05 OPEN TO CONVERSATION AROUND

20:08 INCREASING UH, FUNDING IN ANY

20:10 ANY OF THE CATEGORIES.

20:11 UM, IF THERE'S, YOU KNOW, FULL

20:14 DETAILS ON THE NEEDS AND THE

20:16 REQUEST.

20:16 UM, SO I DON'T YOU KNOW, I

20:19 THINK THE COMMITTEE IS OPEN TO

20:22 UM, CONVERSATIONS AROUND UM,

20:25 GIVING ADDITIONAL FUNDS TO

20:26 AFFORDABLE HOUSING.

20:27 AGAIN, THEY DO WANT TO TRY TO

20:29 KEEP A BALANCED APPROACH JUST

20:31 BECAUSE THERE'S A SIGNIFICANT

20:32 NEED IN THE OTHER TWO

20:33 CATEGORIES AND JUST A DEMAND

20:35 OF THE PROJECTS THAT COME IN

20:36 EVERY YEAR.

20:37 GOT IT.

20:38 AND THEN I KNOW THERE'S SOME

20:40 PROJECTS UM THAT WERE AWARDED

20:42 MAYBE THEY COULDN'T, YOU KNOW,

20:43 GET A DEVELOPMENT TEAM TOGETHER

20:45 .

20:46 UH, MAYBE THEY WEREN'T READY TO

20:47 BUILD THE PARK.

20:49 UM, DOES THE BOARD TAKE EXIT

20:51 FORMS TO UNDERSTAND WHY UM,

20:54 PROJECTS ARE RETURNING THE

20:55 MONEY?

20:56 SURE.

20:57 SO ANY PROJECT.

20:58 UM, SO I'LL JUST STEP BACK A

21:01 LITTLE BIT.

21:01 UM, MY TEAM AND I WHICH IS A

21:03 TEAM OF EIGHT INDIVIDUALS WE

21:05 ARE A VERY SMALL BUT MIGHTY

21:06 TEAM.

21:07 EVERY PROJECT THAT COMES BEFORE

21:09 US HAS A PROJECT MANAGER SO

21:11 EVERY PROJECT IS BEING MANAGED

21:12 MONTHLY.

21:12 THERE'S A CONVERSATION WITH THE

21:14 WITH EACH PROJECT EVERY MONTH

21:17 TO FIND OUT HOW THEY'RE DOING,

21:18 IF THEY'RE RUNNING INTO ANY

21:19 ISSUES OR CHALLENGES.

21:21 USUALLY IF A PROJECT IS BEING

21:23 WITHDRAWN IT'S BECAUSE THEY

21:24 CAN'T UM KEEP UP WITH THE LEGAL

21:28 REQUIREMENTS OF THE GRANT

21:29 AGREEMENT AND HAVE TO WITHDRAW

21:30 BEFORE EVEN RECEIVING THE FUNDS

21:32 OR THERE MAY BE A SIGNIFICANT

21:34 DELAYS WHERE THEY NEED MORE

21:35 ADDITIONAL FUNDING TO BUILD THE

21:37 PROJECT AND THAT MAY BE GOOD

21:38 FOR THEM TO WITHDRAW AND COME

21:40 BACK ON ANOTHER TIME TO DO THAT

21:42 WORK FOR AFFORDABLE HOUSING.

21:44 SOMETIMES THAT IS THE CASE.

21:45 THEY MAY NOT BE ABLE TO BUILD

21:47 THE CERTAIN AMOUNT OF UNITS

21:48 THAT THEY HAVE, SO THEY MIGHT

21:50 WANT TO RECONSIDER COMING BACK

21:51 FOR CPA FUNDS.

21:53 BUT FOR EVERY PROJECT THAT'S

21:54 NOT RECOMMENDED FOR FUNDING OR

21:55 WITHDRAWN, THERE'S A PERSONAL

21:57 MEETING WITH ME AND MY TEAM

21:58 MYSELF TO DISCUSS WHY THE

22:00 PROJECT IS WITHDRAWING, THE

22:03 REASONS WHY THEIR APPLICATION

22:05 MAY NOT HAVE MOVE FORWARD BUT

22:06 WE ARE IN CONSTANT

22:08 COMMUNICATION WITH ANY

22:08 APPLICANTS THAT ARE NOT

22:10 RECOMMENDED FOR AWARDS OR MAY

22:11 HAVE TO WITHDRAW THEIR PROJECTS

22:12 .

22:13 AND THEN LAST FOLLOW UP

22:15 QUESTION.

22:16 UM WHAT WHAT WOULD YOU SAY IS

22:18 THE MAIN REASON FOR AFFORDABLE

22:21 HOUSING TO WITHDRAW?

22:22 IS IT THE LEGAL REQUIREMENT OR

22:24 IS IT THE NEED FOR ADDITIONAL

22:25 FUNDING OR IS IT SOMETHING

22:26 ELSE.

22:27 SO I WOULDN'T BE ABLE TO

22:29 PINPOINT EXACTLY WHAT THE MAIN

22:30 REASON MIGHT BE.

22:32 I THINK IT'LL BE HELPFUL IF I

22:33 DID HAVE YOU KNOW, I THINK

22:35 OTHER COMMENTARY FROM THE

22:37 MAYOR'S OFFICE OF HOUSING WOULD

22:38 HELP ANSWER THAT QUESTION AS

22:39 WELL.

22:40 BUT I WOULD SAY IT COULD BE A

22:41 UH, NUMBER OF FACTORS.

22:43 UM, BUT MAYBE FUNDING IS ONE

22:45 OF THOSE.

22:45 IT COULD BE IT COULD BE A LEGAL

22:47 REQUIREMENT.

22:47 IT COULD BE OTHER INSTANCES

22:49 OF SOMETHING THAT MAY HAVE COME

22:51 UP THAT WASN'T SEEN BEFORE THE

22:52 PROJECT WAS RECOMMENDED.

22:54 ALL RIGHT.

22:55 THANK YOU.

22:56 THANK YOU COUNSELOR.

22:57 THANK YOU.

22:59 OKAY NOW WE'RE GOING TO GO IN

23:00 ORDER OF ARRIVAL STARTING WITH

23:01 COUNCILOR MURPHY AND THEN

23:02 COUNCILOR FLYNN AND DEAN DURKAN

23:04 .

23:04 THANK YOU.

23:05 UM, THANK YOU FOR DEAN FOR

23:07 BEING HERE.

23:09 AND THANK YOU FOR ALL YOU DO.

23:10 YOUR PRESENTATION I THINK

23:12 MATCHES ALSO HOW YOU CARRY

23:15 YOURSELF IN YOUR TEAM.

23:15 YOU'RE ALWAYS OPEN AND EASY TO

23:18 COMMUNICATE WITH SO THANK YOU

23:20 FOR THAT.

23:20 NOT JUST MYSELF IN MY OFFICE

23:22 BUT I SEE YOU OUT IN THE

23:24 NEIGHBORHOOD.

23:25 YOU PROBABLY SAID IT IN YOUR

23:26 PRESENTATION, BUT ONE OF YOUR

23:28 RESPONSES TO COUNCILOR ORAL IS

23:30 SOMETHING THAT I JUST WANT TO

23:32 ECHO WAS TRUE THAT YOU FOLLOW

23:34 UP RIGHT AND YOU TALK TO THE

23:35 PEOPLE WHO MANY TIMES I'VE HAD

23:38 THIS CONVERSATION WITH YOU

23:39 MAYBE IT'S NOT THE FIRST TIME

23:40 THEY APPLY BUT YOU GIVE THEM

23:41 ADVICE COME BACK, DON'T GIVE

23:43 UP.

23:43 BUT ALSO YOU HAVE THESE

23:45 LISTENING INFORMATION SESSIONS

23:47 IN THE COMMUNITY AND I KNOW

23:48 DISTRICT COUNCIL IS LIKE

23:49 COUNCILOR FLYNN I'VE BEEN TO A

23:50 COUPLE IN HIS DISTRICT.

23:51 TAKE ADVANTAGE OF THAT

23:53 OPPORTUNITY BECAUSE ONE THING

23:56 WE DID FIND IS THAT NOT EVERY

23:58 NEIGHBORHOOD HAS THE SAME

24:00 AMOUNT OF CPA FUNDS, BUT IT'S

24:02 NOT BECAUSE YOU'RE NOT CHOOSING

24:03 THOSE NEIGHBORHOODS MANY TIMES

24:05 IT'S JUST THEY'RE NOT

24:06 SUBMITTING.

24:07 THEY MAY NOT KNOW THAT

24:08 OPPORTUNITIES THERE.

24:10 SO IT'S NOT EVEN THOUGH LIKE

24:12 YOU SAID YOU'RE A MIGHTY TEAM.

24:13 YOU DON'T EVEN THOUGH YOU DON'T

24:14 HAVE AN INFINITE AMOUNT

24:16 OF FUNDS.

24:17 YOU DON'T STOP THAT FROM

24:19 PUTTING IT OUT THERE TO MAKE

24:20 SURE EVERYONE KNOWS TO APPLY

24:22 TRY COME BACK IF YOU NEED TO SO

24:25 THANK YOU FOR THAT.

24:27 JUST A QUESTION UM ABOUT LIKE

24:31 THERE'S THERE IS OBVIOUSLY A

24:33 NEED FOR HOUSING.

24:34 WE KNOW THAT THAT'S SOMETHING

24:36 WE TALK ABOUT A LOT HERE ON

24:37 THIS COUNCIL.

24:39 UM BUT THE GOALS AND I THINK

24:41 YOU DID A GOOD JOB LIKE

24:42 REMINDING ME ABOUT YOU KNOW,

24:44 THE GOALS AND WHAT YOUR BOARD

24:47 FOCUS IS ON IN THE THREE

24:48 DIFFERENT CATEGORIES I'VE BEEN

24:49 TO SOME OF THE, YOU KNOW,

24:51 SCHOOL PLAYGROUND OPENINGS OR

24:53 THE HISTORIC PRESERVATION, YOU

24:54 KNOW, WHEN THEY PUT THE LAST

24:57 COAT OF PAINT ON OR YOU KNOW,

24:58 THEY'RE OPENING THE DOORS TO AN

24:59 OLDER BUILDING WHICH IS

25:01 WONDERFUL TOO AND THEN THE

25:02 HOUSING PROJECTS OBVIOUSLY SO

25:04 NEEDED AND WE ALWAYS NEED MORE

25:06 MONEY FOR THAT ESPECIALLY IN

25:07 THIS DAY AND AGE.

25:08 BUT IF YOU COULD IT TOUCH ON

25:12 AND IT WAS MENTIONED HOW IF

25:14 SOMEONE HAS TO IF SOMEONE IS

25:17 AWARDED OR YOU KNOW

25:18 ORGANIZATION GETS AWARDED THE

25:20 MONEY FOR THEIR PROJECT AND FOR

25:22 WHATEVER REASON THEY NEED TO

25:23 WITHDRAW.

25:24 IS THERE TIME FOR YOUR TEAM TO

25:26 PUT THAT BACK IN TO SOMEONE WHO

25:28 MAY NOT HAVE GOTTEN CHOSEN BUT

25:30 YOU KNOW THEY COULD BE READY TO

25:32 BE SELECTED AND IF SO, DO YOU

25:34 TRY TO STAY IN THE SAME

25:35 CATEGORY SO THAT PERCENTAGE

25:37 STAYS AROUND THE SAME?

25:39 SO WHAT HAPPENS WHEN A PROJECT

25:41 IS UM WITHDRAWN IT IT'S

25:44 REALLOCATED BACK TO THE NEW

25:45 FUNDING ROUND AND IT GOES

25:46 ACROSS ALL THREE FUNDING

25:48 CATEGORIES BECAUSE OVER THE

25:49 LAST SEVERAL YEARS WE HAVE BEEN

25:51 MEETING THE 10% REQUIREMENT.

25:52 WHEN A FUND IS REALLOCATED IT

25:55 DOES NOT NEED TO BE REALLOCATED

25:57 TO THE ONE PARTICULAR CATEGORY.

25:59 IT CAN BE REALLOCATED TO FUND

26:01 TO GO BACK TO THE FULL POT TO

26:02 HELP ALL PROJECTS.

26:04 OKAY THANK YOU FOR THAT.

26:05 AND YOU SAID HOW YOUR TEAMS

26:07 THERE'S ALWAYS SOMEONE ASSIGNED

26:08 SO THEY HAVE A PROJECT MANAGER

26:10 BUT IF WE'RE TALKING ABOUT

26:12 HOUSING DOES THAT MONEY JUST GO

26:14 TO SAY SHEILA DILLON AND SHE

26:16 TAKES OVER KIND OF THE OVERSEE

26:18 OF THAT OR DOES IT GO TO YOU

26:21 KNOW IF IT'S A SCHOOL

26:22 PLAYGROUND HOW DOES THAT WORK?

26:24 HOW MUCH OF YOUR TEAM'S

26:26 OVERSIGHT STAYS THROUGHOUT THE

26:27 ENTIRE PROJECT?

26:28 SURE.

26:29 THAT'S A REALLY GREAT

26:30 QUESTION.

26:30 SO ALL CITY DEPARTMENT PROJECTS

26:31 CAN BE MONITORED INTERNALLY.

26:33 WE CAN MONITOR THEIR FUNDS TO

26:35 PROJECT SUMMARY REPORTS.

26:36 AND SO WITH THE AFFORDABLE

26:38 HOUSING UM PROJECTS THERE IS A

26:39 WAY WITH THE MAYOR'S OFFICE

26:42 OF HOUSING BUT IT IS ALLOCATED

26:44 TO A PARTICULAR DEVELOPER.

26:46 SO THE MAYOR'S OFFICE

26:47 OF HOUSING DOES GET THAT

26:48 FUNDING SOURCE TO BE ABLE TO

26:50 DISTRIBUTE IT TO THAT

26:51 DEVELOPER, UH FOR THAT AWARDED

26:53 AMOUNT.

26:53 SO THE FUNDS ARE IS GOING TO

26:55 THE MAYOR'S OFFICE OF HOUSING

26:56 BUT IT IS ALSO GOING TO THAT

26:57 PARTICULAR DEVELOPER WHEN IT

26:58 GOES OVER TO THAT DEPARTMENT.

27:00 FOR OUR BOSTON PUBLIC SCHOOLS

27:02 WE DO MONITOR THOSE PROJECTS.

27:04 I PERSONALLY MONITOR ALL THE UM

27:06 OPEN SPACE RECREATION PROJECTS

27:08 FOR BP'S AND I MEET MONTHLY

27:10 WITH THE BP FACILITIES TEAM ON

27:12 THESE PROJECTS AND I CAN

27:14 MONITOR THOSE FUNDS INTERNALLY.

27:16 SO WE'RE HAVING DISCUSSIONS ON

27:17 WHERE THEY ARE IN THE FUNDING.

27:19 ARE THEY IN THE

27:20 PRE-CONSTRUCTION PHASE MID

27:21 CONSTRUCTION AND WHEN THEY'RE

27:22 READY FOR FINAL CLOSEOUT.

27:24 SO WE CAN WE CAN WE CAN SEE

27:26 THOSE FUNDS INTERNALLY.

27:27 OKAY THANK YOU.

27:28 AND JUST THANK YOU FOR

27:29 EVERYTHING YOUR TEAM DOES UM

27:31 HERE TO YOU KNOW OBVIOUSLY

27:33 ALWAYS SUPPORT HOW WE CAN NOT

27:35 JUST FUND HOUSING MAKE SURE

27:36 THOUGH THAT IT GETS OFF THE

27:38 GROUND AND IT SEES ITSELF

27:39 THROUGH.

27:39 BUT ALSO I THINK IT'S IMPORTANT

27:42 TO ACKNOWLEDGE ALL THE OTHER

27:43 GREAT FUNDING SOURCES.

27:45 YOU KNOW THAT IT GOES TO OTHER

27:47 IMPORTANT THINGS OUR CITY

27:48 NEEDS.

27:48 SO THANK YOU FOR ALL YOU DO.

27:50 THANK YOU.

27:51 THANK YOU, COUNCILOR MURPHY.

27:53 OKAY, COUNCILOR FLYNN FLOOR IS

27:55 YOURS.

27:56 THANK YOU, MR CHAIR.

27:58 AND THANK YOU TO.

27:59 THEY DENIED THE OPPORTUNITY TO

28:00 WORK WITH YOU ON EVERY ROUND.

28:03 UM, SINCE YOU'VE BEEN HERE AND

28:05 YOU'VE DONE AN OUTSTANDING JOB,

28:06 YOU ARE AN EXCELLENT DEDICATED

28:09 CITY EMPLOYEE.

28:09 YOU WANT TO WANT TO ACKNOWLEDGE

28:11 THAT, UH, VERY PROFESSIONAL.

28:14 UM, MY QUESTION WOULD BE.

28:20 UM, SO I'M INTERESTED IN

28:21 HEARING WHAT KIND OF PLANNING

28:23 HAS BEEN DONE TO INCREASE, UH,

28:26 THE CPA FEE AND WHAT THAT

28:30 INCREASE WOULD REQUIRE FROM A

28:32 PROCESS STANDPOINT.

28:34 I KNOW SEVERAL MONTHS AGO IT

28:37 WAS REPORTED THAT THE CITY WAS

28:39 CONSIDERING INCREASING THE CPA

28:42 FEE BASICALLY TO COUNTER THE

28:44 DECLINE IN FEDERAL FUNDING FOR

28:48 AFFORDABLE HOUSING.

28:49 BUT IS THAT SOMETHING YOU ARE

28:51 CONSIDERING OR YOU'RE ACTIVELY

28:53 TRYING TO PURSUE?

28:55 NO, I AM NOT AWARE OF ANY

28:58 INCREASE.

28:59 OKAY.

29:00 THE SURCHARGE OKAY.

29:03 UM.

29:07 IT WAS IT WAS MY

29:09 UNDERSTANDING THAT UM, THE CITY

29:12 MAY CONSIDER AN EFFORT TO BOOST

29:15 CPA LEVY.

29:16 IT CHARGES PROPERTY OWNERS.

29:17 BUT I GUESS THAT'S NOT THE CASE

29:19 THOUGH.

29:20 NO.

29:21 OKAY, IF, UM IF THERE WERE

29:24 TO BE A CONSIDERATION FOR AN

29:26 INCREASE IN THE SURCHARGE, IT

29:28 WOULD NEED TO BE ANOTHER BALLOT

29:29 INITIATIVE, UM, THAT THE

29:32 RESIDENTS OF BOSTON WOULD NEED

29:33 TO TO.

29:34 VOTE ON.

29:34 OKAY.

29:35 EXCELLENT.

29:36 UM, SO HAS HAS YOUR OFFICE

29:41 TAKEN A POSITION ON THIS

29:45 RECOMMENDATION HERE WHERE UM,

29:48 YOU KNOW, POSSIBLY RAISING THE

29:51 PERCENT OF CPA FOR AFFORDABLE

29:54 HOUSING BUT HAVE YOU TAKEN A

29:56 POSITION ON THAT?

29:57 WOULD YOU BE IN FAVOR OF THAT?

30:00 UM, I WOULD SAY THE COMMITTEE

30:01 IS OPEN TO BEING FLEXIBLE WITH

30:05 INCREASING, UH, REALLOCATING

30:07 WITH THEIR ALLOCATIONS.

30:09 AND SO I WOULD SAY THAT'S THE

30:10 POSITION OF THE COMMITTEE IS

30:13 THAT THEY WANT TO BE ABLE TO

30:16 CONTINUE TO GIVE 50% TO

30:17 AFFORDABLE HOUSING AND HAVE

30:19 SOME CONSIDERATION AROUND THE

30:21 10% RESERVES EACH YEAR.

30:25 SO THE THE AFFORDABLE HOUSING

30:28 YOU MENTIONED MIGHT NOT BE FOR

30:30 HOME OWNERSHIP BUT IT COULD BE

30:32 USED FOR RENTALS.

30:34 IS THAT IS THAT ACCURATE?

30:35 YES.

30:36 CURRENTLY OUR CPA FUNDS IS

30:38 USED FOR TO CREATE NEW RENTAL

30:40 AND HOMEOWNERSHIP UNITS AS WELL

30:43 AS SUPPORTING TWO UH UH HOUSING

30:45 PROGRAMS.

30:48 SO IF WE IF WE DESIGNATE AND

30:51 SUPPORT MORE OF THIS MONEY FOR

30:54 HOUSING, IT ALSO MEANS WE'RE

30:56 NOT PUTTING MORE OF THAT MONEY

30:59 INTO OPEN SPACE AND HISTORIC

31:01 PRESERVATION.

31:02 IS THAT FAIR TO SAY.

31:03 THAT IS A FAIR STATEMENT?

31:04 OKAY.

31:06 WHAT IMPACT WOULD THAT HAVE

31:09 ON ON PARKS OPEN SPACE AND I

31:11 SAY THAT THEY DOING IS IN IN IN

31:15 CHINATOWN WHERE I REPRESENT WE

31:17 ACTUALLY HAVE THE SMALLEST

31:19 PUBLIC PARK IN THE CITY UM AND

31:24 WE HAVE VERY VERY LIMITED OPEN

31:26 SPACE UM AND BUT BUT WE ALSO

31:30 KNOW THAT THERE ARE OTHER

31:33 OPPORTUNITIES FOR PARKS TO BE

31:35 UPGRADED OR HISTORIC

31:36 PRESERVATION BUT WHAT IT

31:37 BASICALLY WOULD THAT HAVE A

31:38 NEGATIVE IMPACT ON UH, PLANNING

31:43 OR SUPPORTING PARKS OPEN SPACE

31:44 FOR ESPECIALLY FOR OUR YOUNG

31:46 PEOPLE FOR OUR YOUTH?

31:48 YES.

31:48 I WOULD SAY THAT IF THERE'S

31:51 UH, NOT ENOUGH FUNDING UM, IF

31:53 UH, A LARGER POOL OF FUNDS GOES

31:57 TOWARDS A DIFFERENT CATEGORY,

31:58 IT IS GOING TO IMPACT THE OTHER

32:00 TWO CATEGORIES.

32:02 UM, AND SO YES, IT COULD

32:05 POTENTIALLY UM AFFECT THE OTHER

32:07 TWO CATEGORIES.

32:08 WE WILL NOT BE ABLE TO FUND THE

32:10 SAME AMOUNT OF PROJECTS.

32:11 AND AGAIN IT IS A VERY

32:13 COMPETITIVE FUNDING ROUND WITH

32:15 CPA.

32:16 UM AND SO THERE'S ALWAYS A

32:18 CHALLENGE WITH THE COMMITTEE TO

32:20 BE ABLE TO ALLOCATE UM FUNDING

32:23 TO ALL THE PROJECTS THAT COME

32:24 BEFORE US.

32:27 OFTENTIMES IF A CITY OR STATE

32:29 WANTS TO SUPPORT A DEVELOPMENT

32:31 PROJECT WITH WITH FUNDS SO IT

32:34 CAN CAN GET OFF THE GROUND,

32:36 THEY OFTEN USE THE TERM IT

32:38 NEEDS TO BE SHOVEL READY.

32:40 SO PROJECT NEEDS TO BE SHOVEL

32:41 READY BEFORE THE CITY WILL UH

32:44 SUPPORT IT OR THE STATE WILL

32:46 SUPPORT IT.

32:46 BUT HOW WOULD WE KNOW FOR FOR

32:50 THE FOR THE COMPETITIVE PROCESS

32:52 THAT A PROJECT IS SHOVEL READY

32:56 BEFORE A DECISION IS MADE A CPA

33:00 TO TO FUND A PARTICULAR HOUSING

33:02 PROJECT.

33:03 UM, YOU KNOW, IF IT'S NOT

33:05 SHOVEL READY DO WE STILL

33:08 SUPPORT THE PROJECT KNOWING

33:10 EVENTUALLY IT WILL BE IT WILL

33:12 UH, BE SHOVEL READY OR MAYBE IT

33:14 WON'T BE.

33:16 YEAH.

33:16 I THINK FOR UNDER AFFORDABLE

33:18 HOUSING WITH THE JOINT RFP WE

33:20 HAVE WITH THE MAYOR'S OFFICE

33:22 OF HOUSING, USUALLY DEVELOPERS

33:23 HAVE TO RESPOND TO WHAT'S IN

33:25 THE RFP.

33:26 THEY USUALLY HAVE TO HAVE THEIR

33:28 TEAM AND LAND AND EVERYTHING

33:30 KIND OF PREPARED AND READY TO

33:32 GO AND THEIR NUMBERS IN ORDER

33:34 TO BE ABLE TO BUILD AN

33:35 UNDERSTANDING THE ADDITIONAL

33:36 FUNDS THAT THEY NEED TO CREATE

33:38 THE AFFORDABLE HOUSING, UM THAT

33:40 THEY'RE THAT THEY'RE TRYING TO

33:42 TO BUILD.

33:42 AND SO WE DO UNDERSTAND FOR

33:45 AFFORDABLE HOUSING IT DOES TAKE

33:46 A LONGER TIME FOR PROJECTS TO

33:49 BE BUILT.

33:49 SO UNDER CPA UH AFFORDABLE

33:51 HOUSING PROJECTS ARE GIVEN FIVE

33:54 YEARS TO SPEND FUNDING BECAUSE

33:56 THEY NEED ADDITIONAL FUNDING

33:58 SOURCES IN ORDER TO PULL

34:00 TOGETHER UM ALL THE FUNDING

34:01 THEY NEED TO BUILD A LARGER

34:03 DEVELOPMENT.

34:04 AND SO WHEN SOMEONE IS

34:06 RESPONDING TO THE JOINT RFP

34:07 THERE IS UM A LOT OF THINGS

34:09 THEY HAVE TO HAVE DONE IT IN

34:11 PLACE BEFORE THAT PROJECT IS

34:13 CONSIDERED.

34:15 IF THIS RECOMMENDATION WAS

34:17 IMPLEMENTED AND I DO HAVE

34:19 INCREDIBLE RESPECT FOR THE THE

34:21 THE BOARD THAT MAKES THE

34:23 DECISIONS ON WHERE THE FUNDING

34:25 WOULD GO.

34:25 BUT IF THIS WAS TO BE

34:27 IMPLEMENTED, DOES IT TAKE AWAY

34:29 ANY OF THE DECISION MAKING FROM

34:32 THE BOARD OR THE COMMISSIONERS

34:34 ?

34:34 HOWEVER, HOW HAVE WE FROZEN UM

34:37 IN IN THEIR DECISION ON ON

34:39 WHERE THIS FUNDING WHERE THIS

34:41 MONEY WOULD BE ALLOCATED KNOW

34:43 THAT KNOWING THAT A HIGHER

34:45 PERCENTAGE HAS TO GO TO

34:48 AFFORDABLE HOUSING AND ALSO

34:49 LET'S REDUCE THE OPEN SPACE AND

34:52 HISTORIC PRESERVATION.

34:54 UM YEAH I THE COMMITTEE WOULD

34:56 HAVE TO HAVE, YOU KNOW, A

34:58 DETAILED CONVERSATION AROUND

35:00 WHAT THEY WOULD NEED TO DO.

35:02 THEY STILL EVERY FUNDING ROUND

35:04 THEY THEY ARE THE DECISION

35:05 MAKERS IN HOW THEY WANT TO

35:08 ALLOCATE CPA FUNDS AS LONG AS

35:11 10% IS MEETING ALL CATEGORIES,

35:14 THEY DO HAVE THE FLEXIBILITY TO

35:17 CONSIDER HOW MUCH THEY WANT TO

35:18 GIVE TO THE OTHER UM WHAT WHAT

35:21 THEY WANT TO GIVE TO THE OTHER

35:22 THREE TO THE THREE CATEGORIES

35:24 AFTER THE 10%.

35:26 UM, SO THEY DO HAVE THE

35:28 FLEXIBILITY TO ALLOCATE UM MORE

35:31 THAN 50%.

35:33 HOWEVER THEY DO LIKE THE

35:35 BALANCED APPROACH IN WHICH THEY

35:36 HAVE NOW BECAUSE THEY'RE JUST

35:38 ABLE TO FUND A LOT OF PROJECTS

35:41 THROUGHOUT THE CITY OF BOSTON.

35:43 WELL, MR.

35:44 MR CHAIR, I JUST WANT TO SAY

35:46 UM, AGAIN, I'VE I'VE WORKED

35:48 WITH DE DEAN FOR FOR FOR NINE

35:51 YEARS.

35:51 SHE'S DONE AN EXCELLENT JOB AND

35:53 SHE'S AN INCREDIBLE UM, CITY

35:56 EMPLOYEE AND HAVE A TREMENDOUS

35:57 AMOUNT OF RESPECT FOR HER AND

35:59 HER TEAM.

35:59 THANK YOU, MR CHAIR.

36:00 THANK YOU, COUNCILOR FLYNN.

36:02 I COMPLETELY AGREE WITH THAT.

36:03 UM, COUNCILOR DURKAN, THE FLOOR

36:05 IS YOURS.

36:06 THANK YOU SO MUCH.

36:07 UM, I FEEL LIKE I HAVE TO COME

36:09 TO THIS, UH, HEARING IN

36:11 GAMETIME MODE BECAUSE MY

36:13 COMMUNITY IS SO VERY MUCH, UM,

36:16 SUPPORTIVE OF BOTH AFFORDABLE

36:17 HOUSING AND SUPPORTIVE OF OPEN

36:19 SPACE AND SUPPORTIVE

36:21 OF PRESERVATION.

36:22 UM, AND I FEEL STRONGLY THAT UM

36:24 ,THAT, YOU KNOW, HAVING BEEN

36:26 PART OF THE UH THE 74%

36:29 OF VOTERS IN BOSTON THAT

36:30 SUPPORTED THIS UM THAT THE

36:33 REASON WHY THIS WAS SO POPULAR

36:35 IS BECAUSE OF THAT TRIO

36:36 OF THINGS THAT ARE IMPORTANT TO

36:38 OUR CITY AND UM AND I KNOW THAT

36:40 UM, WE HAVE UH, NINE MEMBER

36:43 BOARD THAT IS CHARGED WITH SORT

36:45 OF APPROPRIATING THESE FUNDS

36:46 AND THEY'VE DONE AN INCREDIBLE

36:48 JOB.

36:48 NOT EVERY SINGLE PROJECT THAT I

36:50 HAVE, YOU KNOW, PUT MY FULL

36:52 THROATED SUPPORT BEHIND HAS

36:53 GOTTEN FUNDED.

36:54 UM, BUT I KNOW THAT IT'S DONE A

36:57 LOT OF GOOD.

36:58 UM, JUST DOING THE MATH.

36:59 UM, AFFORDABLE HOUSING IF WE

37:02 HAVE GIVEN OVER $134 MILLION TO

37:05 AFFORDABLE HOUSING THROUGH 66

37:07 PROJECTS UM, THE AVERAGE YOU

37:09 KNOW, IF YOU IF YOU SORT

37:11 OF DIVIDED THAT THE AVERAGE

37:12 WOULD BE A $2 MILLION UH, GIFT

37:16 TOWARDS YOU KNOW, TO TOWARDS

37:17 THAT WORK FOR HISTORIC

37:19 PRESERVATION IF IT'S $62

37:22 MILLION AND 207 PROJECT THE

37:24 AVERAGE IS $300,000.

37:25 BUT I KNOW IN MY DISTRICT IT

37:27 COULD BE AS SMALL AS, YOU KNOW

37:31 ,$70,000 AND AS BIG AS

37:32 MILLIONS OF DOLLARS.

37:34 UM, I THINK WHAT THAT TELLS

37:37 ME UM AND I THINK I COULD DO

37:39 THE SAME FOR OPEN SPACE BUT UM

37:40 BUT THAT'S NOT SORT OF WHAT'S

37:42 BEEN BEING TALKED ABOUT TODAY.

37:43 UM.

37:45 I THINK WHAT THAT TELLS ME IS

37:46 THAT WE'RE GETTING A LOT

37:47 OF BANG FOR OUR BUCK ON THE

37:49 HISTORIC PRESERVATION PROJECTS.

37:51 I MEAN, YOU KNOW, IN MY

37:52 DISTRICT THEY MOSTLY FOCUS ON

37:54 THINGS THAT ARE VISIBLE TO THE

37:56 STREETSCAPE.

37:57 UM, SO YOU KNOW, THE FACADE,

38:00 THE WINDOWS, THE DORMER UM, YOU

38:03 KNOW, OFTENTIMES WATERPROOFING

38:05 THINGS THAT IF NOT DONE QUICKLY

38:08 COULD END UP CAUSING A LOT

38:10 OF OTHER DAMAGE THAT WAS UH UM

38:12 THAT WAS AN EXAMPLE FROM THE

38:14 RUGGLES BAPTIST CHURCH AND

38:14 AUDUBON CIRCLE IN MY DISTRICT

38:16 THAT UM THAT HAD SOME MUCH

38:18 NEEDED UM, REPAIRS AND IT WAS

38:21 REALLY SERVE THE COMMUNITY UM

38:24 HISTORIC PRESERVATION.

38:24 I SEE A LOT OF FOLKS HERE.

38:26 JEFF GONYEA, THANK YOU FOR YOUR

38:29 LEADERSHIP ON AND I KNOW SEE

38:30 REBECCA KEMPER I SEE OBVIOUSLY

38:32 OUR DIRECTOR OF HISTORIC

38:34 PRESERVATION, UH, KATHY CARITAS

38:36 AND ELIZABETH SHAW.

38:36 AVA, THANK YOU FOR ALL THE WORK

38:38 THAT YOU DO.

38:39 I REALLY BELIEVE AS SOMEONE WHO

38:40 CARES DEEPLY ABOUT BOTH

38:43 AFFORDABLE HOUSING AND, UM, AND

38:45 MAKING THINGS, UH, YOU KNOW,

38:47 GET DONE IN THE CITY AND I'M A

38:49 HUGE ADVOCATE FOR HOUSING, UM,

38:51 AND A HUGE ADVOCATE FOR

38:52 HISTORIC PRESERVATION THAT

38:54 THESE ARE JUST NOT TWO

38:55 PRIORITIES THAT WE SHOULD PUT

38:56 AGAINST EACH OTHER.

38:57 UM, I THINK THE COMMUNITY

38:58 PRESERVATION ACT IS POPULAR

39:00 BECAUSE OF THAT TRIAD OF THINGS

39:02 THAT PEOPLE CARE DEEPLY ABOUT.

39:04 AND UM, I DO UNDERSTAND EXACTLY

39:07 WHERE WE'RE COMING FROM HERE.

39:08 BUT IN TERMS OF THE UM WHEN I

39:12 THINK ABOUT UH, IT AFFORDABLE

39:15 HOUSING IS EXTREMELY EXPENSIVE

39:17 AND THERE'S A LOT OF DIFFERENT

39:18 FUNDING STREAMS THAT FUND THOSE

39:20 THINGS.

39:20 I THINK THAT WE NEED TO GO BACK

39:22 TO THE STATE AND I THINK THIS

39:24 IS SOMETHING THAT I COULD WORK

39:25 WITH THE LEAD SPONSOR ON AND

39:26 SORT OF BUILD.

39:27 A.

39:27 COALITION, UH, BEHIND REALLY

39:30 ADVOCATING AT THE STATE HOUSE

39:32 FOR THERE TO BE MORE MONEY

39:33 AVAILABLE FOR CPI AND LIKE NOT

39:36 NECESSARILY UM, NOT NECESSARILY

39:39 SAYING CAN WE CHANGE THE

39:40 PERCENTAGE BUT CAN WE CHANGE

39:41 THE AMOUNT OF TOTAL FUNDING

39:42 AVAILABLE?

39:43 UM AND I THINK THAT'S SOMETHING

39:44 THAT WE CAN LOBBY FOR.

39:47 UM I ACTUALLY A LOT OF PEOPLE

39:48 DON'T KNOW THIS BUT I ACTUALLY

39:49 MET THE FORMER COUNCILOR KENZI

39:51 BOK.

39:51 WE BECAME FRIENDS BECAUSE

39:53 OF THIS EPA BALLOT INITIATIVE

39:55 AND UM, SHE WAS NOT YET A

39:58 COUNCILOR AND SHE WANTED TO GET

39:59 A MEETING WITH

40:00 COUNCILOR MICHELLE WU ON THIS

40:01 ISSUE.

40:02 AND I GOT HER THE MEETING AND

40:03 THE REST IS HISTORY.

40:05 SO UM ANYWAYS, THEY SO I THINK

40:06 IT'S, UH YOU KNOW, IT'S

40:08 INTERESTING UH, MY PERSONAL

40:12 EXPERIENCE WITH THIS BALLOT

40:13 INITIATIVE AND UM, BEING AN

40:16 ACTIVIST IN THE COMMUNITY

40:18 SPECIFICALLY FOR HISTORIC

40:19 PRESERVATION AND AFFORDABLE

40:20 HOUSING AND OPEN SPACE UM, I'LL

40:22 JUST SAY THAT I THINK BOSTON

40:23 UM, DATING UH, YOU BEING A PART

40:26 OF THIS HAVE HANDLED, UM, THIS

40:28 GREAT RESPONSIBILITY.

40:30 WITH A LOT OF NUANCE AND, UM,

40:32 WE'VE GOTTEN A LOT OF THINGS

40:33 DONE.

40:34 UM, OTHER COMMUNITIES AROUND

40:36 THE STATE ARE USING THIS TO BUY

40:38 UP OPEN SPACE.

40:39 SO THE AFFORDABLE HOUSING IS

40:41 NOT BUILT.

40:42 WE HAVEN'T BEEN DOING THAT.

40:43 WE HAVEN'T NIMBY FIED OUR CPA

40:46 FUNDING AND I THINK THAT'S A

40:47 HUGE UH THAT'S TO OUR BENEFIT.

40:50 AND SO I BUT I DO THINK THESE

40:52 CONVERSATIONS NEED TO HAPPEN

40:53 OUT IN THE OPEN.

40:54 SO I WANT TO THANK THE LEAD

40:55 SPONSOR FOR FOR PUTTING THIS

40:57 FORWARD BECAUSE UM THE AMOUNT

40:59 OF EMAILS I'VE GOTTEN ABOUT AND

41:01 AND THEY'RE ALL PEOPLE WHO

41:02 HAVEN'T REACHED OUT TO

41:03 ME BEFORE WHO HAVE JUST HEARD

41:04 THAT THIS MIGHT BE A PROPOSAL

41:06 THAT'S AT THE CITY COUNCIL.

41:07 SO ON BEHALF OF MY DISTRICT, I

41:09 JUST WANT TO SPEAK VERY

41:10 STRONGLY THAT I BELIEVE THAT

41:11 THESE THREE PRIORITIES, UM,

41:13 SHOULD CONTINUE TO BE

41:16 PRIORITIES IN THIS UM, IN THESE

41:18 TRANCHES OF MONEY.

41:19 AND I JUST WANT TO SAY I THINK,

41:21 YOU KNOW, 207 PROJECTS AND $62

41:24 MILLION I THINK THAT WE'VE BEEN

41:25 GREAT STEWARDS OF THIS

41:26 RESOURCE.

41:27 UM, THE ONE QUESTION THAT I

41:29 HAVE THAT IS INCREDIBLY

41:30 IMPORTANT TO OUR DISTRICT IS

41:32 HOW DO YOU REGISTER THE

41:34 CONNECTION BETWEEN A PROJECT OR

41:35 BUILDING AND THE CONNECTION

41:36 THAT THAT BUILDING OR PROJECT

41:38 HAS WITH THE COMMUNITY?

41:40 BECAUSE OFTEN TIMES I SEE

41:41 CERTAIN PROJECTS FUNDED THAT,

41:43 YOU KNOW IT'S A BEAUTIFUL

41:45 BUILDING IT IT NEEDS YOU KNOW,

41:47 SPECIAL UM YOU KNOW IT NEEDS

41:49 SPECIAL CARE.

41:50 UM BUT THEN I SEE OTHER

41:51 BUILDINGS THAT THEY'VE ALREADY

41:53 MAYBE THEY'VE ALREADY RECEIVED

41:55 CPA FUNDING AND WHEN THEY COME

41:57 BACK IN THEY'RE LESS LIKELY TO

41:59 RECEIVE FUNDING EVEN THOUGH

42:00 THAT ONE BUILDING OR COMMUNITY

42:02 SPACE IS INCREDIBLY IMPORTANT

42:04 TO THE COMMUNITY.

42:05 SO I JUST LIKE TO ADVOCATE FOR

42:08 THERE TO BE SOME WEIGHT GIVEN

42:10 TO THE SIGNIFICANCE TO THE

42:11 COMMUNITY.

42:12 UM, AND THEN ALSO I JUST WANT

42:14 TO KNOW HOW THAT IS HANDLED IN

42:16 THE NINE PERSON, YOU KNOW,

42:18 BOARD THAT CURRENTLY EXISTS

42:20 THAT'S MAKING THESE DECISIONS.

42:22 SURE.

42:22 SO UH, A LOT OF THE PROJECTS

42:24 THAT COME IN FOR UNDER HISTORIC

42:27 PRESERVATION, UM, IF THEY'VE

42:29 BEEN FUNDED BEFORE, THERE IS A

42:31 PUBLIC BENEFIT SECTION WITHIN

42:33 THE APPLICATION THAT THEY DO

42:34 HAVE TO TO ANSWER AND RESPOND

42:35 TO.

42:37 WE ALSO KNOW THAT THERE ARE

42:38 PROJECTS THAT ARE COMING BACK

42:39 FOR A MULTI-PHASE APPROACH AND

42:42 WE AS A STAFF WE THINK ABOUT

42:44 THIS AND WE PRESENT IT TO THE

42:46 COMMITTEE WHEN WE CAN FUND A

42:47 PROJECT AND GET MULTIPLE SCOPES

42:49 OF WORK DONE AND GET IT OUT

42:50 OF OUR PIPELINE.

42:51 THAT'S A PROJECT THAT'S

42:52 COMPLETED AND DOES NOT NEED TO

42:53 COME BACK AND THEN WE CAN FOCUS

42:56 ON HELPING OTHER UM, HISTORIC

42:59 PRESERVATION PROJECTS WITHIN

43:00 THE COMMUNITY.

43:01 IT ALSO DETERMINES THE NEED THE

43:04 KIND OF INJURY, HARM OR

43:06 DESTRUCTION THAT MAY BE

43:06 HAPPENING TO THE BUILDING.

43:08 AND SO WE MAY HAVE FUNDED A

43:09 PROJECT AND IT COVERED ONE

43:10 SCOPE OF WORK THAT'S COVERING

43:12 ONE SIGNIFICANT INJURY THAT'S

43:14 CAUSING INJURY AND HARM TO THE

43:16 BUILDING.

43:16 BUT THERE MAY BE OTHER FACTORS

43:18 AND THINGS THAT ARE STILL

43:19 CONTINUING TO HARM THAT

43:20 BUILDING AND WE ARE HELPING

43:23 THAT BUILDING KIND OF RESTORE

43:24 AND PRESERVE ITSELF TO BE, YOU

43:27 KNOW, GOOD STEWARDS SO THEY CAN

43:29 START TO PROTECT THEIR BUILDING

43:30 AND NOT HAVE TO RELY ON FUNDING

43:32 BUT THEY CAN START TO RELY ON

43:34 UM THEIR ONGOING MAINTENANCE

43:35 PLAN THAT THEY MAY HAVE.

43:37 SO IT IS A DIFFICULT DECISION

43:39 BETWEEN THE SELECTION PROCESS

43:41 OF UM PROJECTS THAT COME WITHIN

43:43 THE AND THE HISTORIC

43:44 PRESERVATION CATEGORY BECAUSE

43:46 IT IS THE LARGEST REQUEST

43:47 OF PROJECTS THAT COME BEFORE

43:49 THE COMMITTEE.

43:49 BUT THERE IS A STRATEGY IN US

43:52 TRYING TO HELP REALLY UH, LONG

43:54 TERM BUILDINGS THAT HAVE UH,

43:56 LONG TERM DISREPAIR ALSO TRYING

43:58 TO, YOU KNOW, HELP THE NEEDS

44:00 OF THOSE NEWER PROJECTS THAT

44:01 ARE COMING IN.

44:02 UM, TARA, COULD I JUST BRING UP

44:03 QUICKLY ONE EXAMPLE AND I KNOW

44:05 NOT A QUESTION HERE BUT UM

44:08 YEAH.

44:08 SO OUR UM WE HAVE UH, HILL

44:11 HOUSE IN OUR DISTRICT THAT

44:12 BASICALLY IS OUR COMMUNITY

44:13 CENTER.

44:14 WE DON'T HAVE A COMMUNITY

44:15 CENTER.

44:15 WE DON'T HAVE A VISA CENTER.

44:16 UM, SO THAT IS AN OLD FIREHOUSE

44:19 THAT WAS ACTUALLY PURCHASED

44:19 FROM THE CITY OF BOSTON AND IT

44:22 WAS AN OLD, UH, HISTORIC AND

44:23 CITY BUILDING.

44:24 UM, I'LL JUST BRING UP THAT

44:26 EXAMPLE AS LIKE THAT COMMUNITY

44:28 SPACE HAS WAY MORE SORT

44:30 OF GRAVITAS AND IMPORTANCE

44:32 BECAUSE IT'S USED BY THE

44:33 COMMUNITY AND ALL OF OUR

44:34 NEIGHBORHOOD KIDS.

44:35 UM, THEN YOU KNOW, POTENTIALLY

44:37 A CHURCH THAT IS GREAT BUT

44:39 COULD POTENTIALLY DO PRIVATE

44:41 FUNDRAISING TO GET THE SAME

44:42 RESULT.

44:43 SO JUST WANT TO BE GREAT.

44:44 I'M GRATEFUL TO THE NINE MEMBER

44:45 BODY THAT MAKES THESE DIFFICULT

44:47 AND HARD DECISIONS AND THANK

44:49 YOU FOR YOUR WORK.

44:49 THANK YOU.

44:50 AND IF I COULD JUST RESPOND TO

44:52 THE UM SO HILL HOUSE WE HAVE

44:54 FUNDED TWICE AND I DO WANT TO

44:55 SAY A LOT OF THE CHURCH

44:57 BUILDINGS WERE NOT JUST FUNDING

44:58 THEM BECAUSE THEY'RE CHURCHES.

44:59 THEY ALSO HAVE TO PROVIDE A

45:00 PUBLIC BENEFIT SO THEY COULD

45:01 EITHER BE DOING FOOD DRIVES,

45:03 HOLDING AA MEETINGS, HAVING

45:05 COMMUNITY SPACES UM HAVING A

45:08 SIGNIFICANT AMOUNT OF UM PUBLIC

45:10 RESOURCES THAT THEY GIVE TO THE

45:11 COMMUNITY.

45:12 SO THAT IS A PUBLIC UM BENEFIT

45:14 AND IMPACT THAT THE COMMITTEE

45:15 REQUIRES TO UNDERSTAND WHAT IS

45:17 HAPPENING IN THESE HISTORICAL

45:19 SPACES.

45:20 IT DOES HAVE TO PROVIDE A

45:21 LARGER PUBLIC BENEFIT.

45:23 THANK YOU.

45:25 OKAY.

45:25 NEXT WE HAVE

45:26 COUNCILOR FITZGERALD.

45:28 THANK YOU CHAIR NADEEN THANK.

45:30 YOU FOR BEING HERE TODAY.

45:31 HOW ARE YOU?

45:31 GOOD.

45:31 HOW ARE YOU?

45:32 GOOD.

45:33 UM YOU'VE DONE A GREAT JOB

45:34 ANSWERING THE QUESTION.

45:35 SO SOME THINGS I HAVE, UH,

45:36 LEARNED BUT JUST A COUPLE OTHER

45:37 QUESTIONS.

45:38 I IMAGINE WE COULD USE 100%

45:41 OF SIPA TOWARDS AFFORDABLE.

45:42 HOUSING GIVEN.

45:42 THAT.

45:43 WE NEED.

45:43 SO MUCH.

45:44 RIGHT.

45:44 UM, BUT I DO APPRECIATE YOU

45:45 KEEPING THE BREAKDOWN AS.

45:46 IS BECAUSE.

45:47 I.

45:47 THINK A LOT OF THE PRESERVATION

45:48 AND OPEN SPACE PROJECTS THAT

45:49 HAVE GONE FORWARD AND THAT

45:50 STILL NEED TO GO FORWARD IN THE

45:52 FUTURE ARE IMPORTANT.

45:53 SO I APPRECIATE LEAVING THAT

45:55 WIGGLE ROOM OF THAT EXTRA 10%

45:57 TO DECIDE WHERE WE WANT TO ADD

45:58 MORE GIVEN WHATEVER TIME WE'RE

46:00 AT.

46:00 UM, YOU KNOW, UH, WHATEVER THE

46:02 ISSUE MAY BE UM, THE 100% AMI

46:08 SO IT'S FOR THE PROJECTS THE

46:09 AFFORDABLE HOUSING PIECE GOES

46:10 FOR PROJECTS UP TO 100% AMI.

46:12 YES UNDER THE STATUTE.

46:14 YEP.

46:15 SO 100% AM I AND BELOW.

46:16 AM I CAN DIFFER RIGHT DEPENDING

46:18 ON THE AREA THAT YOU'RE IN IT

46:20 IS THE AREA MEDIAN INCOME.

46:22 IS IT IS IT CAN WE GET MORE

46:25 PROJECTS DONE IN AREAS THAT

46:27 HAVE A LOWER AMI IF WE'RE UP TO

46:29 YOU KNOW ON AVERAGE IF WE'RE UP

46:32 TO YOU KNOW IF THAT AREA HAS A

46:34 LOWER PROJECT WOULD IT BE COULD

46:36 WE GET MORE DONE IN COMMUNITIES

46:38 OF NEED OR ARE YOU ABLE TO DO

46:40 MORE PROJECTS OR FUND MORE

46:41 UNITS BASED ON THAT?

46:43 OR IF THERE IS ONE WHERE THE

46:45 100% OF THE AM I MIGHT BE

46:47 HIGHER THAN ANOTHER PART OF THE

46:48 CITY?

46:50 UM YOU KNOW THE MONEY DOESN'T

46:51 GO AS FAR IF WE RUN INTO THAT

46:53 ISSUE AT ALL.

46:54 SO I'M NOT AN EXPERT ON AM I?

46:56 SO I'M JUST I'M JUST GOING TO

46:57 I'M JUST GOING TO NOTE THAT I

46:58 WOULD SAY THAT IT DEPENDS ON

47:00 THE DEVELOPERS THAT ARE COMING

47:01 IN AND RESPONDING TO THE JOINT

47:03 RFP AND WHAT THEIR MODEL IS AND

47:07 THEIR FUNDING MODEL THAT

47:09 THEY'RE PRESENTING TO ME AND

47:11 UM, THE CPA SO I THINK IT ALL

47:14 DEPENDS ON THE WHAT THE

47:15 DEVELOPER IS BRINGING, HOW MANY

47:17 UNITS THERE THEY'RE THINKING

47:18 THAT THEY CAN BUILD AND HOW

47:19 MUCH MONEY THAT THEY'RE GOING

47:21 TO GET.

47:21 AND I THINK THAT KIND OF DRIVES

47:23 WHAT THEY COULD POTENTIALLY

47:24 WHAT THE AMI LEVEL COULD

47:26 POTENTIALLY BE IN IN THAT

47:27 HOUSING DEVELOPMENT.

47:29 UM AND SO I THINK THAT'S THE

47:32 MOST I CAN ANSWER FOR THAT

47:33 QUESTION BUT UM BECAUSE THAT'S

47:35 PROBABLY.

47:36 MORE DO WE THINK IS THERE WHEN

47:37 YOU LOOK AT WHICH PROJECTS TO

47:39 FUND ON IN THE HOUSING PIECE IS

47:41 IT DOES IT FALL LIKE IS THERE

47:43 ANY CATEGORIES THAT YOU USE TO

47:45 PRIORITIZE WHICH PROJECTS MIGHT

47:47 GET IT AS IN LIKE THE MORE

47:48 UNITS WE GIVE MORE WEIGHT IF

47:50 IT'S A LARGER BUILDING THAT

47:51 MIGHT PRODUCE MORE HOUSING AND

47:53 THEREFORE WE'LL LOOK AT THAT

47:54 MAYBE A LITTLE BIT CLOSER THAN

47:56 SOMETHING THAT MIGHT JUST YOU

47:57 KNOW, HEY HERE'S 10 TO 15 UNITS

47:59 OR SOMETHING LIKE THAT.

48:00 SURE THE COMMITTEE WANTS TO

48:01 SUPPORT DEEPER AFFORDABILITY SO

48:03 THEY DO WANT TO HELP UM, SOME

48:05 OF THE THE THE PROJECTS UM TO

48:08 HELP BRING DOWN THE AMI LEVELS

48:10 TO 60, 70, 30% AMI HOMELESS SET

48:14 ASIDE UNITS THEY LIKE THOSE

48:15 KIND OF PROJECTS AND WANT TO

48:17 SUPPORT THOSE KIND OF PROJECTS

48:18 AND THEY LIKE TO SUPPORT

48:20 HOMEOWNERSHIP UNITS AND

48:21 HOMEOWNERSHIP PROGRAMS.

48:23 SO THE COMMITTEE DOES WANT TO

48:24 SUPPORT UM DEEPER

48:26 AFFORDABILITY.

48:27 GREAT.

48:28 UM, I NOTICED IN UH ONE

48:30 OF THE BULLET POINTS HERE UNDER

48:31 THE AFFORDABLE HOUSING PROJECTS

48:33 WE TALK ABOUT SUPPORTING

48:34 VETERANS, SENIORS, ARTISTS,

48:35 INDIVIDUALS EXPERIENCING

48:36 HOMELESSNESS LIKE YOU JUST

48:37 MENTIONED.

48:38 UH, AND THE NEXT BULLET SAYS IT

48:40 PRIORITIZES LOCAL RESIDENTS.

48:41 UM, ARE THOSE TWO EXCLUSIVE OR

48:44 IS THAT THE SAME LIKE WHEN

48:45 WE'RE LOOKING AT WHO WE'RE

48:46 SUPPORTING IS IT AND HOW DO WE

48:48 DEFINE LOCAL RESIDENT WHEN YOU

48:49 GUYS LOOK AT UH UM YOU KNOW,

48:52 THE SHEET AND WHO WOULD WHO

48:54 WE'RE TRYING TO TO SUPPORT?

48:55 YEAH.

48:55 AND I THINK I MADE THAT

48:57 STATEMENT BECAUSE I YOU KNOW,

48:58 THE COMMITTEE IS TRYING TO YOU

49:00 KNOW, SUPPORT DEEPER AFFORDABLE

49:02 UNITS SO FOLKS DON'T HAVE TO

49:04 LEAVE THEIR NEIGHBORHOODS.

49:05 AND SO THAT'S THE THE STATEMENT

49:07 BY SAYING LOCAL RESIDENTS IS

49:09 REALLY HAVING FOLKS BE ABLE TO

49:10 STILL STAY IN THE NEIGHBORHOOD

49:11 IN WHICH THEY GREW UP TO STAY

49:13 WITH THEIR FRIENDS AND FAMILY.

49:14 AND SO THE GOAL OF SAYING THAT

49:16 THEY WANT TO HAVE MORE DEEPER

49:19 AFFORDABILITY IS THE GOAL THAT

49:20 EFFORT UNITS ARE MORE

49:21 AFFORDABLE.

49:22 IT'S MORE LIKELY THAT THE

49:23 RESIDENTS WITHIN THAT

49:24 NEIGHBORHOOD ARE ABLE TO STAY

49:25 BECAUSE THEY'RE ABLE TO AFFORD

49:27 STAYING THERE.

49:28 SO I GUESS WHAT I'M ASKING IS

49:30 WHEN IT SAYS UH WHEN I TRY TO

49:31 SAY LIKE WHAT IS DEFINING A

49:33 LOCAL RESIDENT?

49:34 IT JUST I OF COURSE THE IDEA IS

49:35 SOMEONE GREW UP IN A

49:37 NEIGHBORHOOD AND YOU CAN STAY

49:38 THERE BUT SOMEONE COULD JUST

49:39 MOVE IN THE WEEK BEFORE AND

49:41 STILL YOU KNOW, IT'S STILL

49:43 UNDER THE CATEGORY OF A LOCAL

49:45 RESIDENT.

49:45 EXACTLY.

49:46 IT'S NOT RENTING OR

49:47 HOMEOWNERSHIP IS IT DOESN'T

49:48 MATTER.

49:49 YES YES YES IT'S FOR ALL YOU

49:51 KNOW ALL THE PROJECTS THAT WE

49:53 THAT CPA FUNDS ARE FOR ALL

49:56 RESIDENTS AND ALL NEIGHBORHOODS

49:57 .

49:58 YEAH WE WANT.

49:59 EXACTLY WE WANT FOLKS THAT GO

50:02 TO DIFFERENT PARKS FROM

50:03 CHARLESTOWN TO DORCHESTER.

50:05 WE WANT DORCHESTER RESIDENTS TO

50:06 TO VISIT A CHARLESTON PARK.

50:08 YEAH WE WANT CHARLESTOWN

50:09 RESIDENTS TO VISIT A ROXBURY

50:10 PARK.

50:11 SO ALL OF THESE SPACES ARE KIND

50:12 OF OPEN FOR EVERYONE UM, TO

50:14 VISIT AND THAT'S THE GOAL.

50:15 GREAT.

50:16 AND UH, THE LAST THING I'LL

50:18 MENTION IF I HAVE A THERE'S A

50:19 THERE'S A CHURCH IN MY

50:20 DISTRICT, UH, A SEVENTH DAY

50:22 ADVENTIST CHURCH HISPANIC

50:23 SPEAKING WITH THE ONE ROUND

50:25 JUST CLOSED.

50:26 RIGHT.

50:26 WE JUST CLOSE AT THE END

50:27 OF AUGUST.

50:28 SO IF I WERE THERE LOOKING AT

50:30 POTENTIAL CPA FUNDS WHAT DO I

50:31 WHAT'S WHAT'S THE BEST THING I

50:32 GO BACK TO TELL THEM ON NEXT

50:34 STEPS OF WHAT THEY CAN DO, HOW

50:35 TO APPLY, ETC..

50:36 SURE THEY CAN REACH OUT TO OUR

50:38 OFFICE, THEY CAN REACH OUT TO

50:40 ME AND WE'RE HAPPY TO TALK TO

50:41 THEM A LITTLE BIT MORE ABOUT

50:42 THE NEEDS THAT THEY MAY HAVE

50:44 FOR THE BUILDING AND DECIDING

50:46 WHAT IF THEY'RE WHAT THEY'RE

50:47 ASKING FOR IS THE ELIGIBLE

50:48 SCOPE AND IS THERE UM PROJECT

50:50 DOES THEIR BUILDING HISTORICAL

50:52 AND WORKING WITH THE BOSTON

50:53 LANDMARKS COMMISSION SO THEY

50:54 CAN REACH OUT TO ME AND WE CAN

50:56 ANSWER A LOT OF QUESTIONS.

50:57 AWESOME.

50:57 I'LL HAVE THEM DO THAT AND

50:59 THEN THANK YOU SO MUCH AS

51:00 ALWAYS, UH, FOR YOUR TIME UP

51:01 HERE AND YOUR GREAT ANSWERS.

51:03 UH, CHAIR, THANK YOU VERY MUCH

51:04 FOR THE TIME AS WELL.

51:05 THANK YOU, COUNCILOR CAO.

51:07 I ALSO JUST WANT TO ACKNOWLEDGE

51:08 THAT WE'VE BEEN JOINED BY

51:10 COUNCILOR ROOTSY LOUIJEUNE.

51:11 THANK YOU FOR BEING HERE.

51:12 UM, NEXT WE'RE GOING TO GO WITH

51:14 COUNCILOR BREADON.

51:15 YOU HAVE.

51:16 SEVEN MINUTES.

51:17 THANK YOU.

51:18 AND THANK.

51:19 YOU DIRECTOR BROWN.

51:20 SO GOOD TO SEE YOU AND THANK

51:21 YOU FOR YOU.

51:22 YOU'VE BEEN DOING THIS FOR A

51:23 WHILE AND YOUR INCREDIBLE

51:24 LEADERSHIP HAS PAYING OFF.

51:26 I THINK YOU HAVE A GREAT TEAM

51:28 WORKING WITH YOU AND I REALLY

51:29 DO APPRECIATE IT.

51:30 THE THE CONSCIENTIOUS ATTENTION

51:33 TO THE DETAILS AND TRYING TO BE

51:35 YOU KNOW, WITH YOUR COMMITTEE

51:36 WORKING TO MAKE IT A FAIR

51:39 DISTRIBUTION OF ALL THESE

51:40 INCREDIBLE ASSETS.

51:41 UM, YOU KNOW, I, I DO SHARE UH

51:44 THE SENTIMENT THAT ALL OF THESE

51:46 CATEGORIES ARE INCREDIBLY

51:47 IMPORTANT UH, HISTORIC

51:50 PRESERVATION CAN ACTUALLY

51:51 INVOLVE PRESERVING PRESERVATION

51:53 OF HOUSING AS WELL, UH, OPEN

51:55 SPACE AND AND UH, RECREATIONAL

51:56 SPACE.

51:57 AND THE ONE QUESTION I HAD IS,

52:00 YOU KNOW, THE 10% THAT'S SORT

52:02 OF THE DISCRETIONARY PORTION

52:05 OF THE FUNDS.

52:07 UM, IS IT IS IT ALWAYS JUST 10%

52:09 AND DO WE ALWAYS DISTRIBUTED OR

52:12 DO WE DO THE MOVE?

52:15 IT GIVES YOU SOME FLEXIBILITY

52:16 BUT HOW DOES THAT WORK.

52:18 YEAH SO THE 10% RESERVE USUALLY

52:20 BECAUSE THERE'S SUCH A HIGH

52:22 DEMAND UM TO FUND PROJECTS EACH

52:24 FUNDING ROUND THE COMMITTEE HAS

52:26 HISTORICALLY HAVE USED IT

52:28 ACROSS UM HISTORIC PRESERVATION

52:30 AND OPEN SPACE AND RECREATION

52:32 TO HELP FUND THOSE ADDITIONAL

52:33 PROJECTS.

52:34 THERE'S I THINK ONE FUNDING

52:36 ROUND WHERE WE MAY HAVE HAD

52:37 MAYBE $2,000 REMAINING OUT

52:40 OF AND I'M NOT TOO SURE WHY WE

52:41 DID.

52:42 UM, BUT THAT THAT 10% IS

52:45 USUALLY BEING USED.

52:46 YEAH, YEAH.

52:48 UM AND UM AND I'M SORRY THAT

52:49 THERE'S NO ONE HERE FROM THE

52:50 MAYOR'S OFFICE OF HOUSING.

52:51 A LOT OF MY QUESTIONS RELATED

52:53 TO HOUSING SO I WON'T UH I

52:55 WON'T IMPOSE ON YOU TO ASK TOO

52:57 MANY QUESTIONS ABOUT THAT.

52:58 BUT THE BOSTON ACQUISITION FUND

53:00 IS IT A STANDARD?

53:02 UM, A BLOCK OF MONEY THAT'S

53:04 GIVEN EVERY YEAR OR DOES IT

53:05 FLOAT AS WELL?

53:07 NO.

53:07 SO THE ACQUISITION FUND WAS

53:09 FUNDED IN TWO YEARS AND THEN

53:11 THERE WAS A SERIES OF YEARS

53:13 SEVERAL YEARS WHERE IT DID NOT

53:15 COME IN FOR FUNDING.

53:16 SO THIS IS THE FIRST TIME UM IN

53:18 THIS FY 27 FUNDING ROUND THAT

53:20 THE ACQUISITION FUND IS COMING

53:22 BACK TO CPA.

53:23 WE'VE ONLY FUNDED THEM TWICE

53:24 AND I WANT TO SAY IT WAS IN

53:27 2019 AND 2020 AND THEY HAVE NOT

53:30 COME BACK TO US.

53:31 UNTIL UNTIL NOW.

53:33 THERE'S SOMETIMES UH WE FIND

53:34 OURSELVES IN THE MOMENT WHERE

53:37 UM THE ABILITY TO ACQUIRE UH,

53:39 FOR A NONPROFIT OR TO SUPPORT

53:41 THE ACQUISITION OF A PROPERTY

53:43 AND TAKE IT OUT OF THE

53:44 SPECULATIVE MARKET.

53:45 AND THERE'S A LOT OF THOSE

53:46 OPPORTUNITIES COMING UP NOW.

53:47 SO I'M PLEASED TO SEE THAT

53:49 THEY'RE COMING BACK FOR THAT

53:50 UM, MONEY THIS YEAR.

53:52 UH, AND THEN IN TERMS OF THE

53:54 THE THE ONE PLUS BOSTON THAT

53:55 YOU KNOW IT SEEMS CPA I I'M

53:57 FULLY IN SUPPORT OF IT I THINK

53:59 IT'S AN INCREDIBLE PROGRAM LIKE

54:01 A 1000 FOR TIME HOMEOWNERS UH

54:04 GOT AN AVERAGE OF $22,693 FOR

54:09 THE HELP OF WITH DOWNPAYMENT OR

54:11 BUYING DONE POINTS AND THEIR

54:13 MORTGAGE.

54:13 IS THAT, UM IS THAT HOW

54:16 SUCCESSFUL DO YOU THINK THAT'S

54:18 BEEN IN TERMS OF UH, OPENING UP

54:20 HOMEOWNERSHIP OPPORTUNITIES FOR

54:22 FOLKS?

54:22 OH THAT'S BEEN TRANSFORMATIONAL

54:24 .

54:24 THAT PROGRAM HAS HELPED A LOT

54:27 OF FIRST TIME UM FIRST TIME

54:30 HOMEOWNERS UM THAT ARE THAT DID

54:34 NOT HAVE THE OPPORTUNITY TO BE

54:36 HOMEOWNERS BEFORE HELPING TO

54:38 BUILD GENERATIONAL WEALTH THAT

54:40 THAT PROGRAM IS EXTREMELY

54:42 SUCCESSFUL.

54:44 UM I KNOW WE ARE APPROACHING

54:46 WE'VE JUST HAD THE 250TH UM

54:49 ANNIVERSARY OF THE REVOLUTION.

54:51 WE'RE HEADING TOWARDS THE 400TH

54:53 BIRTHDAY OF THE CITY OF BOSTON

54:55 IN 2030.

54:56 UM ARE WE ARE WE HAVING BIGGER

55:00 LIKE MORE STRATEGIC

55:01 CONVERSATIONS OR IS THIS EVEN

55:02 THE SPACE TO HAVE THOSE

55:03 CONVERSATIONS ABOUT TARGETING,

55:06 UM, MONEY FOR HISTORIC

55:07 PRESERVATION AS WE APPROACH

55:09 THIS REALLY MOMENTOUS

55:10 ANNIVERSARY FOR THE CITY?

55:12 UM, I WOULD SAY WHEN WE HAVE

55:14 NOT STARTED TO HAVE ANY

55:16 OF THOSE CONVERSATIONS.

55:17 UM, NOT.

55:18 WITH THE COMMITTEE.

55:19 I THINK WE'RE ALWAYS LOOKING AT

55:21 THE PROJECTS THAT COME BEFORE

55:22 US WITH THE CRITICAL NEED.

55:24 UM, REALLY YOU KNOW WHAT

55:27 PROJECTS ARE WELCOME TO COME IN

55:29 FOR CPA FUNDING?

55:30 UM, AND THE COMMITTEE IS ALWAYS

55:32 OPEN TO SUPPORT PROJECTS THAT

55:34 ARE COMING BEFORE THEM IN THE

55:35 HISTORIC PRESERVATION CATEGORY

55:37 .

55:37 BUT I CAN'T SAY THAT WE'VE HAD

55:39 A DETAILED CONVERSATIONS AROUND

55:41 UM, THAT STRATEGIC PLAN AROUND

55:43 THE.

55:43 400TH ANNIVERSARY.

55:46 UM, I KNOW AND IN IN AS A AS

55:51 THE CITY AS A DISTRICT

55:52 COUNCIL FOR ARTS AND BRIGHTON

55:53 I'M ALWAYS VERY A SHARP EYE UM

55:56 ON OUR ABILITY TO GET FUNDS.

55:57 I THINK PART OF IT IS UM HAVING

56:01 SUPPORTING ORGANIZATIONS TO

56:02 WRITE THE GRANT, WRITE THE RFP

56:04 AND AND GET IN THE DOOR TO HAVE

56:06 THE CONVERSATION.

56:08 UM, I THINK THAT'S REFLECTIVE

56:09 IN THE FACT THAT, YOU KNOW, IF

56:12 IF IF IT'S A HISTORIC

56:14 PRESERVATION PROJECT PERHAPS I

56:15 THINK THAT'S THE ONE THAT WE

56:16 MAYBE HAVE THE MOST DIFFICULTY

56:18 MAKING THE CASE FOR UM, UH, IF

56:21 IT'S A HOUSING PROJECT OR A

56:24 GREEN SPACE AND RECREATION ONE

56:26 THING PARKS DEPARTMENT AND

56:28 HOUSING MAYOR'S OFFICE

56:28 OF HOUSING ARE VERY INVOLVED IN

56:29 THOSE CONVERSATIONS.

56:32 IS IT A WAY FOR SMALL COMMUNITY

56:35 ORGANIZATIONS TO GET I KNOW YOU

56:36 DO A GREAT JOB WITH OUTREACH,

56:38 BUT IS THERE MORE THAT WE CAN

56:39 DO TO HELP ENABLE THEM TO MAKE

56:41 BETTER PITCHES FOR UM,

56:43 ESPECIALLY IN THE AREA

56:44 OF HISTORIC PRESERVATION FOR

56:45 SOME OF THESE SMALLER PROJECTS?

56:47 YEAH, I THINK UM, AS A TEAM I'M

56:50 ALWAYS THINKING ABOUT THAT LIKE

56:52 HOW CAN WE TALK TO MORE PEOPLE

56:54 WHETHER IT'S EVEN ON A ONE ON

56:55 ONE BASIS?

56:56 I KNOW WE DO HOST THESE UM,

56:58 MEET AND GREETS AND INFORMATION

57:00 SESSIONS BUT REALLY IF FOLKS

57:02 HAVE A PROJECT AND YOU KNOW,

57:05 THEY THINK CPA FUNDS MAY BE

57:06 ELIGIBLE REALLY COMING AND

57:08 TALKING TO US OR ASKING US TO

57:09 COME OUT, WE REALLY WANT TO

57:10 HAVE THOSE CONVERSATIONS

57:11 BECAUSE WHAT WE ARE LEARNING

57:13 AND WHAT WE HAVE LEARNED IS

57:14 THAT A LOT OF FOLKS WHO HAVE

57:17 HISTORICAL BUILDINGS HAVE NO

57:18 KNOWLEDGE OF HOW TO MAINTAIN

57:20 THEM.

57:20 YEAH, THEY DON'T KNOW WHAT A

57:21 CONDITION'S ASSESSMENT IS.

57:23 THEY MAY NOT KNOW WHAT THEY

57:24 HAVE NEEDED.

57:24 THEY'VE BEEN HIRING A

57:26 CONTRACTOR TO DO PARTICULAR

57:27 WORK THAT'S PROBABLY NOT

57:29 SUITABLE WORK, UM TO SUPPORT

57:31 THEIR BUILDING.

57:32 SO WE'RE TRYING TO EDUCATE THEM

57:34 MORE ABOUT HOW CPA FUNDS WORK

57:36 AND HOW OUR FUNDS COULD BE USED

57:38 TO HELP THEM.

57:39 AND SO REALLY WANTING THEM TO

57:41 REALLY REACH OUT AND COME TO US

57:43 SO WE CAN KIND OF HAVE THESE

57:44 CONVERSATIONS AND SO WE CAN

57:45 WORK WITH OUR OTHER CITY

57:46 PARTNERS TO SEE IF WE CAN HELP

57:47 THEM.

57:48 THAT'S THAT'S GREAT BECAUSE I

57:49 THINK THAT THAT KNOWLEDGE BASE

57:51 ABOUT CONDITIONS, ASSESSMENTS

57:52 AND THINGS ARE SO CRITICAL TO

57:54 UNDERSTANDING EXACTLY WHAT THE

57:56 NEEDS ARE AND THEN HOW BIG IS

57:57 THE HOW MUCH HOW MUCH RESOURCES

58:00 DO WE NEED TO ADDRESS THE ISSUE

58:02 AND ISSUE IN SOME POSITIONS

58:04 LIKE THE HILL MEMORIAL UM

58:07 CHURCH WHICH IS GOING TO BE

58:08 SENIOR HOUSING, IT'S ALSO A

58:10 HISTORIC BUILDING.

58:10 HOW DO YOU NAVIGATE THE SPACE

58:12 WHERE A PROJECT WILL LIKELY FIT

58:15 UNDER TWO CATEGORIES?

58:16 UH, THAT OR DOES THAT COME UP

58:18 OFTEN?

58:19 SURE, YES.

58:20 AND SO IF A PROJECT IS UM HAS

58:22 FUNDING IN TWO CATEGORIES, WE

58:23 DO ASK THEM TO SPLIT THAT OUT

58:25 AND SO THEY WOULD HAVE TO APPLY

58:27 FOR THE AFFORDABLE HOUSING

58:28 CATEGORY AND THEY WOULD HAVE TO

58:30 APPLY FOR THE HISTORIC

58:31 PRESERVATION CATEGORY JUST

58:32 BECAUSE WE HAVE TO REALLY THINK

58:34 ABOUT THE FUNDING IN EACH

58:35 OF THOSE CATEGORIES AND WE HAVE

58:38 TO REALLY DEFINE THE SCOPE

58:39 OF WORK AND THERE HAVE BEEN

58:40 PROJECTS THAT HAVE RECEIVED UM

58:43 AFFORDABLE HOUSING AND THE OPEN

58:45 SPACE OR UM YEAH, IT'S

58:48 AFFORDABLE HOUSING AND OPEN

58:49 SPACE AND RECREATION.

58:50 WE HAVE A FEW PROJECTS THAT

58:51 HAVE DONE THAT AND HAVE

58:53 RECEIVED FUNDING IN THE SAME IN

58:55 THE SAME FUNDING ROUND.

58:56 OKAY.

58:57 WONDERFUL.

58:57 THANK YOU SO MUCH AND THANK YOU

58:58 SO MUCH FOR YOUR WORK I REALLY

59:00 APPRECIATE IT.

59:00 THANK YOU THANK YOU.

59:02 THANK YOU COUNCILOR LOUIJEUNE.

59:05 THANK YOU SO.

59:06 MUCH MR CHAIR.

59:07 AND THANK YOU UM.

59:09 TO COUNCIL OUR FOR.

59:09 THIS FILING AND TO EVERYONE FOR

59:11 BEING HERE.

59:12 UH THANK YOU DEAN UH.

59:14 FOR JUST YOUR.

59:16 ,UM, WORK.

59:17 YOUR UM.

59:18 DEDICATION TO THIS.

59:19 YOU ARE.

59:19 ALWAYS ON.

59:20 POINT IN EVERY WAY AND I.

59:21 I'VE ALWAYS BEEN.

59:22 A DATING FAN, SO, UH, GRATEFUL

59:24 TO HAVE YOU HERE.

59:25 YOU'VE ALWAYS.

59:25 BEEN AN.

59:26 AFFORDABLE HOUSING ADVOCATE.

59:27 I KNOW FROM BEFORE THE SHOW AND

59:28 KNOW THAT THE WORK THAT YOU

59:29 DID.

59:29 WITH MY HEART AND I'M JUST

59:30 GRATEFUL FOR YOUR LEADERSHIP IN

59:31 THE CITY.

59:32 UM.

59:33 I HAVE, UH.

59:34 I GUESS A FEW QUESTIONS AND

59:36 I GUESS I HAVE A COMMENT

59:37 EARLIER AND I THINK AND I

59:38 ANYONE CAN CONFIRM WITH

59:40 ME LATER BUT LIKE THE THERE WAS

59:41 A PREVIOUS QUESTION FROM A

59:42 COLLEAGUE ABOUT AM I FUNDING

59:44 AND ABOUT ABOUT AM I THE AREA

59:47 MEDIAN INCOME AND COULD YOU

59:48 VARY ACROSS THE CITY OF THE

59:49 CITY SUBJECT TO AM I AS A

59:51 REGIONAL UH NUMBER PERCENTAGE

59:54 AND SO THERE'S THE SAME I'M

59:56 LOOKING AT SOME OF MY DEVELOPER

59:57 FRIENDS SAME AM I THROUGHOUT

59:58 THE CITY OF BOSTON.

1:00:00 SO IT'S NOT AS THOUGH YOU COULD

1:00:01 DO SOMETHING FOR THE BACK BAY

1:00:03 OR YOU COULD DO SOMETHING

1:00:04 DIFFERENT FOR DORCHESTER IT'S

1:00:06 ONE CITY AS AM I, WHICH IS UH

1:00:07 CAUSE OF YOU KNOW, OFTENTIMES

1:00:10 CONCERNED WHEN PEOPLE LIKE

1:00:11 AFFORDABLE FOR WHO MY

1:00:12 UNDERSTANDING THAT THAT'S A SET

1:00:13 BY FEDERAL LAW AND AN ISSUE BUT

1:00:15 BUT ONE OF THE THINGS THAT YOU

1:00:16 CAN DO EVEN THOUGH IF IT'S 100%

1:00:18 AM I IN THE BACK BAY MEANS THE

1:00:19 SAME AS 100% IN DORCHESTER AS

1:00:21 YOU COULD ADJUST YOU COULD

1:00:23 DEEPEN THE AFFORDABILITY AND I

1:00:25 WOULD LIKE TO SEE THAT BECAUSE

1:00:26 IN SOME OF THE PROJECTS THAT I

1:00:27 HAVE BEEN SITTING IN OUR

1:00:29 MEETINGS WITH FOLKS IN.

1:00:30 THE.

1:00:30 ROOM, PEOPLE HAVE BEEN LOOKING

1:00:32 FOR DEEPER AFFORDABILITY

1:00:32 BECAUSE UNDER ARM I IF I

1:00:34 REMEMBER THE NUMBERS LIKE

1:00:35 SOMEWHERE BETWEEN 92 115 AND

1:00:37 FOR A LOT OF PEOPLE FOR A LOT

1:00:39 OF BLACK AND BROWN RESIDENTS

1:00:40 THAT THEY'RE NOT HITTING THAT.

1:00:42 AND SO I DO WANT US TO EXPLORE.

1:00:44 AND WANT TO.

1:00:45 ENCOURAGE DEEPER AFFORDABILITY

1:00:47 BECAUSE IT'S HOW WE MAKE SURE

1:00:48 THAT WE ONE OF THE WAYS THAT WE

1:00:50 CAN PREVENT DISPLACEMENT, ONE

1:00:51 OF THE WAYS THAT WE CAN MAKE

1:00:52 SURE THAT PEOPLE AREN'T SAYING

1:00:53 OH, NONE OF THESE BUILDINGS ARE

1:00:54 HAPPENING FOR US.

1:00:55 SO UM, WHATEVER BOTH WHATEVER

1:00:57 WE CAN DO FOR THAT IS

1:00:58 IMPORTANT.

1:00:59 AND MY.

1:01:00 UNDERSTANDING IS THAT THE CITY

1:01:02 OF BOSTON COMPARED TO I MEAN

1:01:04 PROBABLY WITH THE EXCEPTION

1:01:05 OF A.

1:01:05 FEW.

1:01:05 AND YOU.

1:01:06 CAN GET IT IN THE REPORT IT WAS

1:01:07 AT CAMBRIDGE SPENDS.

1:01:08 UH.

1:01:09 A LARGER PERCENTAGE ON

1:01:10 AFFORDABLE HOUSING BUT COMPARED

1:01:11 TO MOST OTHER MUNICIPALITIES

1:01:13 AND LOCALITIES, OUR PERCENTAGE

1:01:14 UH, THAT WE SPEND ON HOUSING ON

1:01:16 AFFORDABLE HOUSING IS HIGHER

1:01:18 THAN MOST.

1:01:18 IS THAT CORRECT?

1:01:19 I WOULD SAY YES.

1:01:20 BY SIGNIFICANT AMOUNTS BY A

1:01:22 LITTLE LIKE WHERE DO WE STAND

1:01:23 IN JUXTAPOSITION TO HOW OTHER

1:01:25 AND HOW MANY OTHER

1:01:26 MUNICIPALITIES HAVE ADOPTED CPI

1:01:27 ?

1:01:28 UM I WANT TO SAY OVER THERE'S

1:01:30 OVER 100.

1:01:30 OKAY CITIES AND TOWNS THAT HAVE

1:01:32 ADOPTED CPR.

1:01:34 I, I DON'T KNOW THE EXACT

1:01:36 NUMBER OF WHAT OTHER

1:01:37 COMMUNITIES ARE DOING I FOR

1:01:39 CAMBRIDGE I DO KNOW THEY USE A

1:01:40 SIGNIFICANT AMOUNT AND I WANT

1:01:41 TO SAY FOR BOSTON WE'RE USING A

1:01:43 SIGNIFICANT AMOUNT OF FUNDING.

1:01:44 I DO WANT TO SAY UH A LOT

1:01:46 OF THE OTHER CITIES AND TOWNS

1:01:47 ARE USING IT FOR HISTORIC

1:01:49 PRESERVATION.

1:01:50 UM, AND UM ACQUISITION OF LAND

1:01:53 .

1:01:53 YEAH.

1:01:53 I MEAN I'M AND I'M A CITY

1:01:55 COUNCILOR IN BOSTON NOT THOSE

1:01:56 OTHER TOWNS BUT I THINK THAT'S

1:01:57 ALSO PART OF THE PROBLEM LIKE

1:01:58 WHEN WE SEE RESISTANCE WHETHER

1:01:59 IT'S MTA COMMUNITIES OR

1:02:01 WHATEVER WE YOU KNOW, IF

1:02:02 THERE'S A WAY TO STEER THEM TO

1:02:03 BUILDING MORE AFFORDABLE

1:02:04 HOUSING.

1:02:05 UM, I YOU KNOW, I LOVE IT FOR

1:02:07 US IS THINK ABOUT HOW WE GET

1:02:08 MORE REVENUE TO DO THE WORK

1:02:09 OF DEEPENING AFFORDABILITY

1:02:10 BECAUSE I ALSO KNOW THAT THERE

1:02:11 ARE A NUMBER OF PROJECTS

1:02:12 WHETHER IT BE FOR HISTORIC

1:02:13 PRESERVATION OR OFTENTIMES FOR

1:02:15 A LOT OF PROJECTS THAT WOULD

1:02:17 OTHERWISE YOU KNOW, I HEARD

1:02:19 COUNCILOR DURKAN TALK ABOUT OH,

1:02:20 WELL, THEY COULD YOU KNOW,

1:02:22 CHURCHES OR WHATEVER THEY MAY

1:02:24 BE ABLE TO FUNDRAISE FOR THIS

1:02:25 MONEY BUT THERE ARE A LOT THAT

1:02:26 ACTUALLY CAN'T THEY DON'T HAVE

1:02:28 THE CAPACITY.

1:02:28 THEY'RE ALREADY DOING SO MUCH

1:02:30 AND WE KNOW THAT THIS HAS BEEN

1:02:32 UM VERY HELPFUL FOR THEM I, I

1:02:35 DO I GUESS I HAVE TWO OTHER

1:02:37 QUESTIONS AND I HAVE THREE

1:02:38 MINUTES AND 30S LEFT ONE IS A

1:02:40 FEW WEEKS AGO BOTH THIS UH THE

1:02:42 CHAIR TRIP HAPPENED UH, BEFORE

1:02:44 THIS BODY THERE WAS A.

1:02:45 UH.

1:02:47 REALLOCATION I BELIEVE IT

1:02:48 WAS TO NEXT YEAR FOR THE REMAIN

1:02:50 FOR THE A CPA MONEY THAT HAD

1:02:52 GONE UNSPENT.

1:02:53 CAN YOU TALK ABOUT THE

1:02:54 SITUATION, THE SCENARIOS IN

1:02:55 WHICH THERE'S MONEY REMAINING

1:02:57 AT THE END OF THE CPA FISCAL

1:02:58 YEAR?

1:02:59 SURE.

1:03:00 UM, YES.

1:03:01 SO THERE WAS 7 MILLION THAT WAS

1:03:02 BROUGHT BROUGHT BACK BEFORE THE

1:03:04 COMMITTEE AND THAT NUMBER WAS

1:03:05 SIGNIFICANTLY LARGER AS WELL

1:03:07 BECAUSE WE HAD A POOL OF FUNDS

1:03:09 FROM THE BOSTON OPEN SPACE

1:03:11 ACQUISITION FUND.

1:03:12 THEY WERE RETURNING SOME FUNDS

1:03:14 IN ORDER TO REAPPLY FOR THESE

1:03:16 FUNDS IN FY 27 TO MAKE IT ONE

1:03:19 SINGLE GRANT.

1:03:20 AND SO THAT WAS THAT 2 MILLION

1:03:22 NUMBER IN THAT 7 MILLION WAS A

1:03:24 CHUNK OF THAT FROM THAT OPEN

1:03:25 SPACE FUND.

1:03:26 BUT A LOT OF THE OTHER REVERTED

1:03:28 FUNDS ARE FOR PROJECTS THAT ARE

1:03:30 COMPLETED UNDER BUDGET.

1:03:32 SO UM A LOT OF PROJECTS THAT WE

1:03:34 FUND ARE COMPLETED UNDER BUDGET

1:03:36 AND THOSE FUNDS THE UNDER THE

1:03:38 LAW THOSE FUNDS NEED TO COME

1:03:39 BACK TO CPA AND AND WITHIN THAT

1:03:41 NUMBER THERE ARE SOME

1:03:42 AFFORDABLE HOUSING PROJECTS

1:03:43 THAT DID NEED TO WITHDRAW AND

1:03:45 THOSE FUNDS ARE ALSO

1:03:47 REALLOCATED BACK TO CPA.

1:03:48 SO IT'S A COMBINATION

1:03:49 OF PROJECTS THAT COULD NOT MOVE

1:03:51 FORWARD AND THEY ARE RETURNING

1:03:53 THEIR ENTIRE FUNDS AND THESE

1:03:54 ARE UM AND FUNDING FOR PROJECTS

1:03:56 THAT WEREN'T COMPLETED BUT THEY

1:03:58 DIDN'T NEED ALL THE FUNDS THAT

1:03:59 THEY WERE AWARDED AND NOW IT'S

1:04:01 UH REALLOCATED BACK INTO THE

1:04:02 POT OF FUNDS.

1:04:03 THANK YOU.

1:04:04 IS THERE A PARTICULAR TYPE

1:04:05 OF PROJECT THAT YOU TEND TO SEE

1:04:06 UNDERFUNDED LIKE NOT NOT

1:04:08 UNDERFUNDED.

1:04:09 SORRY.

1:04:09 THAT COMES UNDER BUDGET?

1:04:11 UM.

1:04:12 IT IT'S A VARIETY OF REASONS

1:04:14 I WOULD SAY IN SPACE IT YES IT

1:04:15 COULD BE.

1:04:16 A HOUSING PROJECT.

1:04:17 YES I WOULD SAY I WOULD SAY

1:04:19 IT'S LESS FOR HOUSING.

1:04:20 WE HAVE.

1:04:20 WE'VE HAD UM YES WE WE'VE HAD

1:04:23 SOME HOUSING PROJECTS THAT HAVE

1:04:25 COME IN UNDER BUDGET BUT IT'S

1:04:26 VERY RARE THAT IT HAPPENS.

1:04:27 IT'S MOSTLY HAPPENING IN UM

1:04:30 OPEN SPACE AND RECREATION

1:04:32 PROJECTS WHERE UM AND AND

1:04:34 HISTORIC PRESERVATION PROJECTS

1:04:36 WHERE THE FUNDS ARE JUST

1:04:37 COMPLETED UNDER BUDGET AND THEN

1:04:39 THE THE LARGER MILLION DOLLAR

1:04:40 NUMBER MAY BE UM FOR A PROJECT

1:04:42 WITHIN AFFORDABLE HOUSING THAT

1:04:44 COULD NOT MOVE FORWARD.

1:04:45 ON AVERAGE HOW MUCH ARE YOU

1:04:47 SEEING RETURNED.

1:04:49 ON AVERAGE?

1:04:50 SO THIS IS A HIGHEST YEAR

1:04:51 BECAUSE WE DIDN'T GET TO REVERT

1:04:53 THE PREVIOUS YEAR.

1:04:54 UM I THINK IT IT VARIES IT

1:04:56 VARIES AND HOW IT WENT.

1:04:57 WHEN WAS CPA ENACTED AGAIN.

1:04:59 WAS IT 2017?

1:05:01 UM SO THE BALLOT INITIATIVE WAS

1:05:03 IN 2016 OKAY.

1:05:04 AND THEN UM 2017 THAT'S WHEN

1:05:07 THE CITY STARTED TO COLLECT

1:05:08 OKAY.

1:05:09 AND SO WE HAVE A UM WE HAVE

1:05:10 NINE YEARS OF DATA.

1:05:11 NINE YEARS NINE WE HAVE

1:05:13 SUCCESSFULLY COMPLETED NINE

1:05:14 FUNDING ROUNDS GOING GOING INTO

1:05:16 OUR 10TH FUNDING ROUND THIS

1:05:17 YEAR.

1:05:18 THANK YOU.

1:05:18 AND UH WHEN YOU LOOK AT THE.

1:05:20 NEIGHBORHOODS THAT HAVEN'T

1:05:21 RECEIVED CPA FUNDING FOR

1:05:23 AFFORDABLE HOUSING, DO YOU HAVE

1:05:26 REASONS WHY DO YOU EVER

1:05:27 ENCOURAGE PROJECTS AND OR

1:05:28 NEIGHBORHOODS AS A WAY?

1:05:30 RIGHT.

1:05:31 SO YOU KNOW, WE TALKED ABOUT

1:05:32 HOW THERE ARE OTHER TOWNS AND

1:05:33 CITIES THAT ARE PRIORITIZING

1:05:34 HISTORIC PRESERVATION OVER THE

1:05:37 OTHER OVER OPEN SPACE.

1:05:39 WELL, LET'S SAY AT LEAST OVER

1:05:41 AFFORDABLE HOUSING.

1:05:42 UM, AND WE'RE SAYING YOU KNOW,

1:05:44 I'M SAYING THEY NEED TO BE MORE

1:05:45 BUILDING MORE AFFORDABLE

1:05:46 HOUSING.

1:05:46 BUT WE LOOK IN OUR CITY AND WE

1:05:47 LOOK AT NEIGHBORHOODS.

1:05:48 THE AFFORDABLE HOUSING IS BUILT

1:05:50 SOMETIMES MORE IN CERTAIN

1:05:51 NEIGHBORHOODS THAN IN OTHERS

1:05:52 LIKE LET'S SAY ROXBURY OR

1:05:54 DORCHESTER OR MATTAPAN, JAMAICA

1:05:55 PLAIN.

1:05:56 UM, ARE WE DOING ANYTHING TO

1:05:58 ENCOURAGE THE CREATION THROUGH

1:05:59 FOR THE CREATION OR THE SUPPORT

1:06:01 OF AFFORDABLE HOUSING PROJECTS

1:06:02 IN NEIGHBORHOODS THAT HAVE

1:06:03 LOWER RATES OF AFFORDABLE

1:06:04 HOUSING?

1:06:04 YEAH, I THINK WE'RE ALWAYS

1:06:06 WORKING WITH THE MAYOR'S OFFICE

1:06:08 OF HOUSING TO SEE MORE PROJECTS

1:06:10 IN IN OTHER NEIGHBORHOODS.

1:06:12 I KNOW WE'VE FUNDED SOME

1:06:13 PROJECTS IN WEST ROXBURY AND

1:06:15 THE FENWAY KENMORE AREA.

1:06:16 THERE WAS A PROJECT THAT WE

1:06:17 FIND IT.

1:06:18 SO YES, WE'RE ALWAYS TRYING TO

1:06:20 LOOK AND SUPPORT THOSE UM

1:06:22 PROJECTS THAT WE DO SEE COME IN

1:06:23 THAT RESPOND TO THE RFP AND SO

1:06:26 IT'S IT'S REALLY DEPENDING ON

1:06:28 WHO RESPONDS TO THE RFP AND

1:06:29 WHAT NEIGHBORHOOD THEY'RE

1:06:30 THEY'RE BUILDING IN.

1:06:31 BUT AGAIN IN IN OUR KIND

1:06:33 OF COMMUNITY ENGAGEMENT, UM,

1:06:37 YOU KNOW, GOING OUT TO THE

1:06:38 COMMUNITY.

1:06:38 YES, WE'RE ALWAYS LOOKING TO TO

1:06:40 CREATE MORE AFFORDABLE UM,

1:06:43 HOUSING THROUGH ALL

1:06:44 NEIGHBORHOODS WITHIN THE CITY

1:06:45 OF BOSTON BECAUSE IT IS NEEDED

1:06:46 .

1:06:47 I THINK THOSE ARE MY QUESTIONS

1:06:48 HERE.

1:06:49 THANK YOU.

1:06:50 COUNCILOR.

1:06:51 UM, I JUST GIVE MY MYSELF SOME

1:06:53 TIME.

1:06:54 I WANT TO, UM, JUST ECHO

1:06:56 EVERYONE'S SENTIMENTS

1:06:58 OF APPRECIATION FOR THE WORK

1:06:59 THAT YOU DO.

1:07:00 I REMEMBER THAT EARLIER THIS

1:07:02 YEAR I WAS ABLE TO.

1:07:04 AS BOTH THE CHAIR OF THE

1:07:05 COMMUNITY PRESERVATION

1:07:05 COMMITTEE AND THE CHAIR OF THE

1:07:07 HOUSING COMMITTEE, I WAS ABLE

1:07:08 TO BE AT AN EVENT WHERE WE WERE

1:07:10 UM LOOKING AT THE HOUSING

1:07:12 PROJECTS THAT WERE GETTING SOME

1:07:14 OF THEM I BELIEVE WERE ALL

1:07:14 OF THEM.

1:07:15 WERE.

1:07:15 GETTING CPA FUNDING AND WHAT

1:07:16 WHAT WAS BEAUTIFUL TO SEE WAS

1:07:18 THE DIVERSE UM TYPE OF PROJECTS

1:07:20 THAT WERE GETTING FUNDED AND

1:07:23 ACROSS THE CITY NOT JUST IN ONE

1:07:25 OR SPECIFIC REGION OF THE CITY

1:07:26 .

1:07:27 AND THAT WAS REALLY ENCOURAGING

1:07:28 TO SEE THAT THAT'S THE WORK

1:07:29 THAT YOU ARE DOING IN REGARDS

1:07:31 TO YOUR HOUSING, UM, PORTION

1:07:34 OF THE AFFORDABLE HOUSING

1:07:35 PORTION OF YOUR FUNDS.

1:07:37 UM, BUT I ALSO KNOW THAT ONE

1:07:39 OF THEM UM, WAS A BONNYBRIDGE

1:07:43 PROJECT IN MY I THINK IN MY

1:07:44 DISTRICT THEY THEY WERE ONE

1:07:46 OF THE ONES THAT HAD TO PULL TO

1:07:47 PULL OUT WAGE BECAUSE THEY

1:07:49 DIDN'T GET ANOTHER GRANT SO NOW

1:07:50 THEY HAVE TO REAPPLY NEXT YEAR.

1:07:52 SO I UNDERSTAND ALSO THE

1:07:54 DIFFICULTIES THAT A LOT

1:07:55 OF THESE UM DEVELOPERS DEAL

1:07:57 WITH TO TRY TO BUILD AFFORDABLE

1:07:59 HOUSING IN OUR CITY.

1:08:00 IT'S NOT EASY.

1:08:01 UM THEY DON'T THEY DON'T JUST

1:08:03 RELY ON CPA GRANTS TO DEPEND ON

1:08:05 STATE GRANTS AND OTHER GRANTS

1:08:06 ACROSS THE ACROSS THE THE

1:08:09 PLATFORM.

1:08:09 BUT I ALSO JUST WANT TO GIVE

1:08:11 KUDOS TO UM SOMEONE THAT'S IN

1:08:14 THE ROOM FRANK O'BRIEN WHO WHO

1:08:16 WORKED ON THE READING ROOM

1:08:17 PROJECT IN MY DISTRICT AND

1:08:18 REVELL AND I BRING THAT ONE UP

1:08:20 BECAUSE IT'S A GOOD EXAMPLE

1:08:22 OF A HISTORIC PRESERVATION

1:08:24 PROJECT IN MY DISTRICT, WHICH

1:08:26 IS WHY I AM A BIG FAN OF ALSO

1:08:28 HISTORIC PRESERVATION AND OPEN

1:08:30 SPACE.

1:08:30 I PREVIOUS COLLEAGUES SAID THAT

1:08:32 I DO LIKE THE WAY THAT YOU

1:08:34 BALANCE IT OUT BECAUSE ALL

1:08:36 THREE ARE VERY IMPORTANT.

1:08:38 I'VE BEEN ABLE TO SEE NEW

1:08:39 PLAYGROUNDS BE BUILT IN MY

1:08:41 DISTRICT BECAUSE OF YOUR UM CPA

1:08:44 GRANTS.

1:08:44 OBVIOUSLY YOUR READING ROOM UM

1:08:45 WAS ABLE TO BE RESTORED AND NOW

1:08:48 WHO KNOWS WHAT ELSE IS GOING TO

1:08:50 BE ABLE TO COME INTO MY

1:08:51 DISTRICT THAT I KNOW ARE GOING

1:08:52 TO APPLY FOR FOR NEXT YEAR'S

1:08:53 GRANT?

1:08:54 I WANTED TO ASK YOU A QUESTION

1:08:56 REGARDING THE POTENTIAL

1:08:58 CONNECTION OF HISTORIC

1:08:59 PRESERVATION AND HOW IN HOUSING

1:09:01 IN GENERAL, HAS THERE EVER BEEN

1:09:02 PROJECTS WHERE SOMEONE APPLIES

1:09:04 FOR HISTORIC PRESERVATION

1:09:06 OF EXISTING HOUSING THAT COULD

1:09:07 BE AFFORDABLE?

1:09:08 JUST TRYING TO SEE AN OVERLAP

1:09:11 OF BOTH UM OF OF BOTH

1:09:14 CATEGORIES?

1:09:15 SURE.

1:09:16 UM THAT'S A REALLY GOOD

1:09:17 QUESTION.

1:09:18 SO UNDER THE STATUTE AND WE

1:09:20 STATE THIS IN OUR KIND

1:09:22 OF COMMUNITY ENGAGEMENT

1:09:23 PROCESS, UM IT STATES THAT WE

1:09:26 CPA FUNDS IS NOT ALLOWED TO BE

1:09:28 USED FOR UM TO REHAB HOUSING

1:09:32 UNLESS IT WAS ORIGINALLY BUILT

1:09:33 WITH CPA FUNDS.

1:09:35 SO A LOT OF THE PROJECTS THAT

1:09:36 ARE IN THE PIPELINE RIGHT NOW

1:09:38 THAT WE ARE BUILDING 1015 YEARS

1:09:40 FROM NOW THEY CAN REAPPLY FOR

1:09:42 CPA FUNDS BECAUSE WE HELPED

1:09:44 BUILD SOME OF THOSE UNITS

1:09:45 WITHIN THOSE AFFORDABLE HOUSING

1:09:47 .

1:09:47 BUT WE ARE NOT ALLOWED TO

1:09:48 REALLY USE CPA FUNDS TO REHAB

1:09:52 UM EXISTING EXISTING EXISTING

1:09:54 HOUSING.

1:09:55 UM, SO IT IS WE CAN UM AND IT'S

1:09:58 ALSO HARD TO SUPPORT UM HOUSING

1:10:03 REHAB HOUSING IN PARTICULAR

1:10:05 HISTORIC PRESERVATION BUILDINGS

1:10:07 BECAUSE WE DON'T KNOW THE AM I

1:10:09 LEVELS AND UNDER CPA WE SHOULD

1:10:13 BE SUPPORTING HOUSING UP TO

1:10:15 100% AMI AND SOME OF THESE

1:10:18 HISTORICAL BUILDINGS THAT MAY

1:10:19 HAVE HOUSING THERE AMI LEVELS

1:10:21 COULD BE EXTREMELY HIGHER.

1:10:23 AND SO THEN WE ARE NOW

1:10:25 SUPPORTING HOUSING THAT IS

1:10:27 ABOVE 100% AMI AND SO UNDER THE

1:10:29 LEGAL GUIDANCE THAT WE WERE

1:10:31 GIVEN WE ARE NOT REALLY TAKING

1:10:34 THOSE PROJECTS INTO

1:10:36 CONSIDERATION JUST BECAUSE

1:10:38 OF HOW NUANCED IT IS AND WE WE

1:10:40 MIGHT NOT BE FOLLOWING UM, THE

1:10:43 STATUTE PROPERLY.

1:10:44 RIGHT.

1:10:45 SO IF THERE IS A.

1:10:46 HISTORICAL UM PRESERVATION

1:10:48 BUILDING AND IT'S AN EMPTY

1:10:49 BUILDING AND IT WANTS TO BE

1:10:51 REHABBED YES, CPA FUNDS COULD

1:10:53 HELP WITH THE EXTERIOR PARTS

1:10:55 OF THAT OF THAT BUILDING BUT WE

1:10:57 ALSO UM AND THEN HOUSING COULD

1:10:59 POTENTIALLY GO IN THERE.

1:11:00 SO WE JUST NEED TO UNDERSTAND

1:11:03 UM ALL THE CRITERIA AROUND THE

1:11:05 PROJECT THAT'S COMING BEFORE US

1:11:07 TO ENSURE THAT WE'RE NOT

1:11:08 BREAKING ANY OF THE.

1:11:10 LEGAL REQUIREMENTS THAT ARE

1:11:12 UNDER THE CPA STATUTE.

1:11:14 AND THAT'S ONE ONE THING THAT

1:11:16 WE TRY TO HAVE FOLKS UNDERSTAND

1:11:18 WE ARE GUIDED BY CHAPTER 44 B

1:11:21 AND WE ARE GIVEN LEGAL GUIDANCE

1:11:23 ON HOW TO USE THESE FUNDS.

1:11:25 SO WE HAVE TO ENSURE THAT WE'RE

1:11:26 KIND OF FOLLOWING THESE

1:11:27 GUIDELINES CORRECTLY.

1:11:28 I APPRECIATE THAT I APPRECIATE

1:11:30 THAT BREAK DOWN WHICH IS WHY I

1:11:31 ALWAYS GO TO YOU FOR THE

1:11:32 GUIDANCE, UM, AND THE QUESTIONS

1:11:34 THAT I GOT FROM PEOPLE THAT

1:11:35 WANT TO APPLY UM I DO WANT TO

1:11:37 ASK YOU IS THE APPLICATION NOW

1:11:38 OPEN FOR NEXT YEAR'S GRANT?

1:11:40 UM, SO WE ARE CURRENTLY WAITING

1:11:44 FOR APPLICATIONS TO COME IN FOR

1:11:46 FY 27, BUT THE FY 28

1:11:48 ELIGIBILITY DETERMINATION FORM

1:11:49 WILL BE RELEASED THE SECOND

1:11:51 WEEK IN NOVEMBER.

1:11:52 PERFECT AND I LOOK FORWARD TO

1:11:53 HELPING YOU SPREAD THE WORD.

1:11:55 THANK YOU.

1:11:56 OKAY THAT IS IT FOR ME FOR

1:11:57 QUESTIONS TO ANY OF MY

1:11:59 COLLEAGUES OR FOLLOW UP

1:11:59 QUESTIONS I SEE COUNCIL HAS A

1:12:01 FEW UM COUNCILOR FLYNN WE HAVE

1:12:03 OKAY I WANT TO GIVE YOU GUYS

1:12:04 FIVE MINUTES AND THEN FOR THE

1:12:07 GUYS THAT ARE HERE I AM

1:12:09 ACTUALLY GOING TO DO PUBLIC

1:12:10 TESTIMONY IN BETWEEN.

1:12:12 SO NOW AT THE END I'M GOING TO

1:12:13 GIVE YOU GUYS A CHANCE TO GIVE

1:12:15 YOUR PUBLIC TESTIMONY RIGHT

1:12:16 AFTER THIS PANEL.

1:12:18 SO COUNCIL ROLL FLOOR IS YOURS

1:12:20 .

1:12:20 UH THANK YOU CHAIR AGAIN THANK

1:12:21 YOU EXECUTIVE DIRECTOR BROWN

1:12:23 THANK YOU.

1:12:23 UM, IN 2020 UH, THIS IS BASED

1:12:27 OFF THE, UM, BOSTON MUNICIPAL

1:12:30 RESEARCH BUREAU REPORT.

1:12:31 THE HOUSING PERCENTAGE, UH,

1:12:34 WENT UP TO 67%.

1:12:37 BUT CAN YOU TALK TO ME LIKE WHY

1:12:41 WAS THAT?

1:12:42 UM, WHY DID WE DECIDE TO GO TO

1:12:46 67 AT THAT TIME.

1:12:48 IN 2020?

1:12:49 IN 2020, HOW THE PERCENTAGE

1:12:50 OF CPA EXPENDITURES WAS 67.9%.

1:12:54 AND THIS IS ACCORDING TO THE UH

1:12:56 BOS MUNICIPAL RESEARCH BUREAU

1:12:59 REPORT.

1:12:59 UM, YOU KNOW, I WOULD HAVE TO

1:13:01 LOOK AT THAT REPORT BEFORE I

1:13:02 ANSWER THAT QUESTION.

1:13:03 I WON'T I I DON'T I DON'T KNOW

1:13:05 IF THAT'S.

1:13:06 OKAY I WOULD NEED TO LOOK AT

1:13:09 THAT REPORT TO ANSWER.

1:13:10 WOULD I BE ABLE TO GET BACK TO

1:13:11 YOU ON THAT?

1:13:12 I DON'T RECALL THAT WE GAVE 67%

1:13:14 IN 2020.

1:13:15 SO I WOULD JUST NEED TO LOOK AT

1:13:16 THOSE NUMBERS OKAY.

1:13:18 AND THEN UM I WOULD LOVE TO

1:13:20 YOU SAID YOU GAVE MONEY TO THE

1:13:22 ALP UM ACQUISITION UM FUND IN

1:13:26 2019 AND 2020.

1:13:27 YOU COULD JUST, UH, SUBMIT TO

1:13:29 US THROUGH THE CHAIR.

1:13:30 YEAH.

1:13:30 UM, WHAT WHAT DOLLAR AMOUNT

1:13:32 THAT IS KNOWING THAT I BELIEVE

1:13:34 IN THE PAST A LOT OF THAT CAME

1:13:36 FROM ARPA, BUT UP TO NOW BEING

1:13:38 DRIED UP THEY WILL HAVE TO I'M

1:13:40 ASSUMING LOOK FOR ADDITIONAL,

1:13:42 UH, REVENUE IN ORDER TO FULLY

1:13:44 FUND THAT PROGRAM WHICH WILL

1:13:45 THEN, UM, I'M ASSUMING TAKE

1:13:49 AWAY FROM THE MONEY THAT COULD

1:13:50 THEN BE AWARDED TO DEVELOPERS

1:13:53 FOR THE CREATION OF AFFORDABLE

1:13:55 HOUSING.

1:13:55 SO I JUST WANT TO KIND OF GET

1:13:57 AN IDEA OF WHAT POOL OF MONEY

1:13:59 WE WILL NOW BE PLAYING WITH NOW

1:14:00 THAT AOP WILL BE ASKING FOR

1:14:04 FUNDS.

1:14:05 SURE.

1:14:05 SO I CAN TELL YOU THIS I

1:14:07 WANT TO SAY IT'S AROUND 4

1:14:08 MILLION EACH YEAR THAT WE

1:14:10 FUNDED TO AOP AND THEIR REQUEST

1:14:12 THIS YEAR IS 5 MILLION.

1:14:13 ALL RIGHT AND THEN SO 4 MILLION

1:14:17 EACH YEAR OKAY SO IT'S ABOUT A

1:14:19 .

1:14:20 THIRD OR FOURTH OF CURRENTLY

1:14:22 WHAT WE ALLOCATE TO HOUSING.

1:14:26 CORRECT OKAY THANKS.

1:14:32 UM AND THEN I GUESS ONE OF THE

1:14:35 THOUGHTS I HAD IS THAT YES ALL

1:14:38 ALL.

1:14:39 OF THE.

1:14:39 THREE CATEGORIES ARE

1:14:40 EXTREMELY IMPORTANT.

1:14:41 UM I GUESS WHAT THIS

1:14:43 CONVERSATION IS CENTERED AROUND

1:14:44 IS WHEN WE SEE UM FUNDING FOR

1:14:48 ONE OF THOSE CATEGORIES BEING

1:14:50 ATTACKED.

1:14:51 RIGHT?

1:14:51 WHETHER IT'S FROM THE FEDERAL

1:14:53 GOVERNMENT WITH RENTAL

1:14:54 ASSISTANCE, UM, AND THE ATTACK

1:14:56 ON PUBLIC HOUSING AND THEN HOW

1:14:58 DO WE SUPPORT THOSE INDIVIDUALS

1:14:59 IF THEY WERE TO BE UM, KICKED

1:15:02 OUT OF PUBLIC HOUSING OR THEIR

1:15:04 RENTAL ASSISTANCE WAS REMOVED?

1:15:06 HOW DO WE GO AND SUPPORT THOSE

1:15:07 INDIVIDUALS?

1:15:08 UH, WE HAVE TO FIND REVENUE IN

1:15:10 ORDER TO DO SO.

1:15:11 UH, WHEN COMMONWEALTH BUILDERS

1:15:13 IS NOT FULLY FUNDED AT THE

1:15:14 LEVELS AS IT WAS DONE IN THE

1:15:16 PAST.

1:15:16 UH, WHERE DO WE FIND THE

1:15:18 FUNDING IN ORDER TO HELP?

1:15:19 UM, UM, THE CREATION OF THAT

1:15:21 AFFORDABLE HOUSING, ESPECIALLY

1:15:23 WHEN IT'S DEEPER AFFORDABILITY

1:15:25 THAT JUST REQUIRES MORE

1:15:27 SUBSIDIES.

1:15:27 UM, AND THEN UH, WE SEE THAT,

1:15:31 YOU KNOW, PUBLIC PARKS, UM,

1:15:33 THOSE HAVE THE OPPORTUNITY TO

1:15:35 GET FUNDED FROM THE CAPITAL UH,

1:15:37 CAPITAL BUDGET.

1:15:39 UM AND THEN QUESTION SIX

1:15:40 HOPEFULLY IT PASSES.

1:15:42 UM, RIGHT.

1:15:42 THAT'S ANOTHER CONSERVATION

1:15:43 FUND THAT SHOULD BE STOOD UP

1:15:45 HOPEFULLY IN THE NEXT UM NEXT

1:15:47 YEAR OR TWO.

1:15:48 SO WHEN WE SEE THE UM NEGATIVE

1:15:52 IMPACTS THAT ARE UM HAPPENING

1:15:54 ON AFFORDABLE HOUSING I MEAN

1:15:56 ESPECIALLY AFFORDABLE

1:15:57 HOMEOWNERSHIP AND DEEPLY

1:15:58 AFFORDABLE HOUSING, IT'S TRYING

1:16:00 TO SEE IF THERE'S A A MOMENT IN

1:16:02 TIME WHERE WE CAN BE FLEXIBLE

1:16:05 TO UH, RESPOND UM TO WHAT'S

1:16:08 GOING ON AT THE MOMENT.

1:16:09 NOT SAYING ONE IS MORE

1:16:11 IMPORTANT THAN THE OTHER IT WE

1:16:13 FIND OURSELVES IN THIS

1:16:14 SITUATION RIGHT NOW.

1:16:16 HOW DO WE, YOU KNOW, RESPOND UM

1:16:19 WITH THE RESOURCES THAT WE DO

1:16:20 HAVE SO THAT I JUST.

1:16:22 WANT TO.

1:16:23 JUST MAKE SURE THAT, YOU

1:16:24 KNOW, WE KIND.

1:16:26 OF TAKE A LOOK AT IT FROM THAT

1:16:27 FRAMEWORK AS WELL, UH, KNOWING

1:16:29 THAT WE DO HAVE ADDITIONAL UH,

1:16:32 SOURCES OF FUNDS TO HELP THE

1:16:35 CREATION OF PARKS AND OPEN

1:16:37 SPACE AND SEEING THAT, YOU

1:16:39 KNOW, WE CAN, UH, YOU KNOW, BE

1:16:41 A LITTLE BIT FLEXIBLE IN OUR

1:16:43 REALLOCATIONS AND AGAIN, THIS

1:16:45 IS DONE.

1:16:45 YEAH.

1:16:46 RIGHT.

1:16:46 THE THE THIS THE BOARD HAS THE

1:16:48 ABILITY TO SAY THIS YEAR UH

1:16:51 NEXT YEAR UH WE GO BACK WE

1:16:54 MAYBE IT'S A 2 OR 3 YEAR LOOK

1:16:55 BACK UM TO KIND OF REVISIT UH

1:16:58 WHAT WE CAN'T STAND UP IN THE

1:17:00 MEANTIME WHETHER IT'S

1:17:01 SITUATIONS TO PROVE UM BUT IF

1:17:04 ONE CATEGORY IS IS SUFFERING AT

1:17:08 THE TIME I THINK WE SHOULD HAVE

1:17:11 OR EXPLORE THE FLEXIBILITY ON

1:17:13 HOW DO WE ADDRESS THOSE

1:17:16 CONCERNS UM, AND THOSE ATTACKS

1:17:17 .

1:17:18 THAT THAT CATEGORY UM IS GOING

1:17:20 THROUGH.

1:17:21 SO JUST A STATEMENT UM NO REAL

1:17:24 QUESTION.

1:17:24 BUT AGAIN THANK YOU FOR YOUR

1:17:26 WORK.

1:17:27 UM THANK YOU FOR YOUR ADVOCACY

1:17:28 .

1:17:28 UH, THANK YOU TO YOUR WHOLE

1:17:30 TEAM AND THANK YOU TO EVERYONE

1:17:31 HERE TODAY.

1:17:31 THANKS.

1:17:32 THANK YOU.

1:17:33 AND I WANT TO SAY I YOU KNOW

1:17:35 I AGREE WITH THAT FRAMEWORK AND

1:17:36 UNDERSTAND THE NEED FOR THAT

1:17:38 FLEXIBILITY.

1:17:38 THANK YOU.

1:17:41 COUNCILOR FLYNN.

1:17:42 THANK YOU.

1:17:44 UM THANK YOU.

1:17:45 THEY DIDN'T UH ONCE AGAIN THEY

1:17:47 IN THE THE PERCENTAGES THAT ARE

1:17:50 OUTLINED FOR HOUSING FOR UM

1:17:53 OPEN SPACE GREEN SPACE AND FOR

1:17:56 HISTORIC PRESERVATION.

1:17:58 HOW IS THAT HOW WAS ORIGINALLY.

1:18:00 WAS THAT DETERMINED?

1:18:01 UM, IT WAS DETERMINED UH WITH

1:18:03 THE FIRST UH CP CPA COMMITTEE

1:18:09 UM AND AT THE TIME WHEN WE

1:18:10 STARTED OUR FIRST FUNDING ROUND

1:18:12 IN 2018, UM THE NEED OF HOUSING

1:18:15 WAS BIG AND SO THEY WANTED TO,

1:18:18 YOU KNOW, BE ABLE TO SUPPORT

1:18:20 HOUSING AND UNDERSTOOD THAT

1:18:22 HOUSING WAS A BIG NEED WITHIN

1:18:24 THE CITY AND THAT ALLOCATION

1:18:26 AND THAT DISCUSSION AROUND THE

1:18:27 ALLOCATION WAS UH GIVING 50% TO

1:18:31 AFFORDABLE HOUSING AND TO 20%

1:18:33 TO THE OTHER CATEGORIES AND

1:18:35 THEN HAVING THAT 10% RESERVE.

1:18:37 SO IT WAS SINCE THE INCEPTION

1:18:39 OF THE PROGRAM WHEN IT STARTED

1:18:40 THAT DISCUSSION AROUND

1:18:41 ALLOCATING 50% TO HOUSING,

1:18:44 UNDERSTANDING THAT IT WAS THE

1:18:45 BIGGEST NEED.

1:18:46 THANK YOU IN WHO WHO HAS THE

1:18:49 ABILITY TO MAKE A CHANGE TO

1:18:51 THAT PERCENTAGE?

1:18:53 UM THE COMMITTEE THE NINE

1:18:54 MEMBER COMMITTEE UM CAN DISCUSS

1:18:58 UM ADJUSTING THE ALLOCATION UH

1:19:00 ,AT THE BEGINNING OF EACH

1:19:01 FUNDING ROUND.

1:19:03 OKAY.

1:19:05 BUT UP UNTIL THIS POINT FOR

1:19:07 THE LAST NINE YEARS THERE

1:19:09 REALLY HASN'T BEEN ANY ISSUES

1:19:13 AT ALL IN TERMS OF ANY PROBLEMS

1:19:15 WITH THE CURRENT PERCENTAGES.

1:19:18 IS THAT IS THAT FAIR TO SAY?

1:19:21 I WOULD SAY THAT'S A FAIR

1:19:21 STATEMENT.

1:19:24 THE REASON I BROUGHT THAT UP I,

1:19:27 I DO THINK THE CPA PROGRAM IS

1:19:29 WORKING WELL AND I'VE FOLLOWED

1:19:32 IT CLOSELY.

1:19:34 UM I DO WANT TO ACKNOWLEDGE A

1:19:36 COUPLE OF MY FORMER COUNCILORS

1:19:38 COUNCILOR FLAHERTY AND

1:19:40 COUNCILOR ANDREA CAMPBELL THAT

1:19:41 WERE STRONG SUPPORTERS OF THE

1:19:43 CPA PROGRAM.

1:19:44 BUT I DO WANT TO SAY THOUGH IF

1:19:46 SOMETHING IS WORKING WELL, I

1:19:49 DON'T NECESSARILY WANT TO MAKE

1:19:50 A CHANGE TO IT AND THE REASON I

1:19:54 DON'T WANT TO MAKE A CHANGE IS.

1:19:57 YOU KNOW YOU KNOW, WE'RE GOING

1:19:58 INTO WE'RE GOING INTO A

1:20:01 CHALLENGING ECONOMY AND THERE'S

1:20:03 A LOT OF OUTSIDE ISSUES THAT IT

1:20:06 DO IT THAT DOES IMPACT HOUSING

1:20:09 AND I WON'T I WON'T LIST THEM

1:20:11 BUT I DON'T KNOW IF SOMEHOW

1:20:15 THIS WILL NEGATIVELY IMPACT THE

1:20:18 CPA AS WE GO FORWARD WHERE

1:20:22 WE'RE NOT ABLE TO FUND UM PARKS

1:20:25 AND GREEN SPACE AND OPEN SPACE

1:20:26 AND HISTORIC PRESERVATION

1:20:28 BECAUSE WE MIGHT BE SUPPORTING

1:20:30 HOUSING THAT MAY OR MAY NOT BE

1:20:32 BUILT.

1:20:33 UM, I JUST DON'T WANT US TO I

1:20:35 JUST DON'T WANT TO PUT THE

1:20:36 RESIDENTS IN A POSITION WHERE.

1:20:39 MONEY COULD BE TIED UP.

1:20:41 CITY MONEY COULD BE TIED UP

1:20:43 BECAUSE HOUSING MIGHT NOT BE

1:20:45 READY.

1:20:45 IS THAT IS THAT A CONCERN YOU

1:20:47 MIGHT ALSO SHARE?

1:20:48 I THINK THAT IS A CONCERN THAT

1:20:50 THE COMMITTEE MAY HAVE UM THAT

1:20:54 UM THE OTHER YOU KNOW,

1:20:56 ADVOCATES IN THE OTHER TWO

1:20:57 CATEGORY MAY HAVE CONCERNS

1:20:59 AROUND WHAT THAT MEANS FOR

1:21:00 THOSE PROJECTS.

1:21:02 UM, JUST BECAUSE THE COALITION

1:21:05 OF ADVOCATES FOR ALL THREE

1:21:07 CATEGORIES UM WAS A BIG PART

1:21:09 OF UH CPA BEING PASSED WITH 74%

1:21:12 OF RESIDENTS VOTING YES.

1:21:14 UM, SO I THINK YES IT WOULD BE

1:21:16 A CONCERN.

1:21:18 AND I UNDERSTAND THE THE

1:21:22 ADVOCACY THAT HOUSING ACTIVISTS

1:21:24 WOULD WOULD WANT TO SEE THIS

1:21:25 CHANGE BECAUSE IT WOULD

1:21:26 CERTAINLY INCREASE THAT

1:21:27 PERCENTAGE.

1:21:28 I RESPECT THAT BUT HAVE WE

1:21:30 HEARD FROM THE COMMUNITIES

1:21:33 INVOLVED IN PARKS AND GREEN

1:21:35 SPACE AND OPEN SPACE AND

1:21:36 HISTORIC PRESERVATION?

1:21:37 ARE THEY EXPRESSING THE

1:21:39 OPPOSITE POINT OF VIEW WHERE

1:21:40 THEY WOULD LIKE TO SEE THE

1:21:42 CURRENT PERCENTAGE REMAIN THE

1:21:44 SAME?

1:21:45 UM, YES.

1:21:47 I THINK EVERYONE IN ALL

1:21:49 CATEGORIES AND ADVOCATE FOR ALL

1:21:52 CATEGORIES WOULD LIKE TO SEE

1:21:53 MORE AND WOULD LIKE THINGS TO

1:21:55 STAY THE SAME.

1:21:56 UM SO I THINK YOU KNOW FOLKS

1:21:58 WOULD LIKE DO LIKE THE BALANCED

1:22:00 APPROACH THAT WE HAVE RIGHT NOW

1:22:03 FOR CPA.

1:22:05 UM AND I THINK AT ANY GIVEN

1:22:07 TIME DEPENDING ON IF A PROJECT

1:22:09 IS NOT AWARDED A FUNDING, FOLKS

1:22:10 DO WANT TO SEE IF THAT OUT

1:22:12 OF THAT ALLOCATION CAN BE

1:22:14 ADJUSTED.

1:22:15 UM, BUT AS YOU STATED, WHAT THE

1:22:17 COMMITTEE IS DOING RIGHT NOW

1:22:18 AND HAS DONE IS IT IS A GOOD

1:22:20 BALANCED APPROACH AND WE HAVE

1:22:21 FUNDED A SIGNIFICANT AMOUNT

1:22:23 OF PROJECTS AND GIVEN AWAY A

1:22:25 SIGNIFICANT AMOUNT OF FUNDS AND

1:22:27 UM WE SEE A QUICK TURNAROUND

1:22:29 WITH A LOT OF THESE PROJECTS

1:22:30 BEING DONE.

1:22:32 AND I HAVE ALSO NOTICED OVER

1:22:33 THE LAST NINE YEARS BUT THERE

1:22:36 HAS BEEN SIGNIFICANT FUNDING

1:22:39 DESIGNATED FOR CPA SPECIFICALLY

1:22:42 FOR FOR FOR HOUSING WHERE WE

1:22:46 ACTUALLY WENT OVER THE

1:22:47 RECOMMENDED INCREASE INCREASE

1:22:50 PERCENTAGE, UM, FOR VARIOUS

1:22:52 REASONS AND I AND I CERTAINLY

1:22:54 SUPPORTED THAT UM, UNDER UNDER

1:22:56 VERY UNIQUE CIRCUMSTANCES BUT I

1:22:58 JUST DON'T NECESSARILY THINK

1:23:00 IT'S IT IT'S SOMETHING WE NEED

1:23:03 TO CHANGE THE FORMULA AT THIS

1:23:04 TIME.

1:23:05 UM THANK YOU, MR CHAIR.

1:23:07 THANK YOU, COUNCILOR FLYNN.

1:23:09 OKAY.

1:23:10 UM, WITH THAT DIRECTOR

1:23:13 BROWN, WOULD YOU LIKE TO

1:23:14 PROVIDE ANY CLOSING REMARKS FOR

1:23:15 YOUR PART OF THE PANEL?

1:23:17 UM, SURE.

1:23:17 I WOULD JUST LIKE TO SAY, YOU

1:23:18 KNOW, THANK YOU FOR THE

1:23:19 OPPORTUNITY FOR ME TO SHARE

1:23:20 JUST MORE INFORMATION ON WHAT

1:23:22 WE DO, UM, AND THE CPA OFFICE

1:23:24 AND THE TOUGH DECISIONS THAT

1:23:26 THE COMMITTEE HAS TO MAKE EACH

1:23:27 YEAR.

1:23:28 UM, WE DO UNDERSTAND THE NEED

1:23:30 FOR AFFORDABLE HOUSING AND WE

1:23:32 DO WANT TO BE ABLE TO HELP IN

1:23:33 ALL THREE CATEGORIES.

1:23:35 SO I JUST THANK YOU FOR GIVING

1:23:36 ME THE OPPORTUNITY TO KIND

1:23:37 OF SHARE, UM, OUR PROCESS AND

1:23:40 WHAT THE COMMITTEE IS THINKING.

1:23:42 THANK YOU SO MUCH.

1:23:43 START TO BROWN FOR ALL THE WORK

1:23:44 THAT YOU DO AND I LOOK FORWARD

1:23:45 TO WORKING WITH YOU IN THE NEAR

1:23:47 FUTURE FOR THIS YEAR'S ROUND.

1:23:49 SO THANK YOU.

1:23:50 THANK YOU.

1:23:51 OKAY.

1:23:52 UH, NOW I'M.

1:23:53 GOING TO UM, TRANSITION TO DO

1:23:56 SOME PUBLIC TESTIMONY AGAIN

1:23:58 WHEN YOU'RE WHEN.

1:24:00 YOUR NAME IS CALLED, PLEASE

1:24:01 COME DOWN TO ONE OF THE TWO

1:24:02 PODIUMS AND STATE YOUR NAME

1:24:03 YOUR NEIGHBORHOOD SLASH

1:24:05 ORGANIZATION.

1:24:06 PLEASE SPEAK INTO THE

1:24:07 MICROPHONE AND PLEASE KEEP YOUR

1:24:08 COMMENTS TO TWO MINUTES.

1:24:09 UM UM.

1:24:10 THE FIRST.

1:24:11 NAMES THAT I SEE HERE ARE JAY

1:24:14 MARKHAM.

1:24:15 CATHERINE, JEFFREY.

1:24:17 REBECCA, MERCY, LIZ, LUKE,

1:24:19 ADDISON AND ORIAN.

1:24:22 SO UM.

1:24:22 JAY THE MIKE IS YOURS.

1:24:27 GOOD MORNING FOLKS MY NAME IS

1:24:29 JANEY CULLUM.

1:24:30 I AM THE, UH, SENIOR COMMUNITY

1:24:32 ENGAGEMENT MANAGER AT.

1:24:34 BOSTON HARBOR NOW, UH, THANK

1:24:35 YOU SO MUCH, CHAIR PEPEN.

1:24:36 AND TO THE MEMBERS OF THE

1:24:37 COUNCIL'S COMMITTEE ON THE

1:24:39 COMMUNITY PRESERVATION ACT.

1:24:40 UH, WE'RE GRATEFUL FOR THE.

1:24:41 OPPORTUNITY TO TESTIFY IN THIS

1:24:43 HEARING, UH, EXPLORING

1:24:45 POTENTIAL CHANGES TO THE CPA

1:24:47 BOSTON HARBOR NOW FOCUSES ON

1:24:49 THE WHOLE HARBOR CONNECTING

1:24:51 COMMUNITIES, THE WATERFRONT AND

1:24:52 ISLANDS AROUND A SHARED VISION

1:24:54 SAFER FROM RISING WATERS MORE

1:24:56 WELCOME TO EVERYONE AND A

1:24:57 DRIVER OF OUR REGION'S HEALTH,

1:24:59 ECONOMY AND QUALITY OF LIFE.

1:25:01 FOR THE LAST TEN PLUS YEARS WE

1:25:03 HAVE WORKED WITH THE BOSTON

1:25:04 PARKS AND RECREATION

1:25:05 DEPARTMENT, THE NATIONAL PARK

1:25:06 SERVICE AND THE MI DEPARTMENT

1:25:08 OF CONSERVATION AND RECREATION

1:25:09 TO IMPROVE RESILIENCE ACROSS

1:25:11 OUR PARKS AND OPEN SPACES TO

1:25:12 PROVIDE BETTER ACCESS FOR OUR

1:25:14 NEIGHBORS WHO HAVE BEEN CUT OFF

1:25:15 FROM THESE SPACES THROUGH OUR

1:25:17 WORK, WE HAVE SEEN FIRSTHAND

1:25:19 THAT CPA FUNDING IS A CRITICAL

1:25:21 TOOL FOR SUPPORTING OPEN SPACES

1:25:22 AND PARKS AND ADVANCING CLIMATE

1:25:25 RESILIENCE IN KEY LOCATIONS

1:25:27 FROM MARSH UPGRADES TO FOOD

1:25:28 FORESTS AND ACCESSIBLE

1:25:30 PLAYGROUNDS, CPA FUNDING IS ONE

1:25:31 OF THE FEW WAYS THAT THE BOSTON

1:25:33 PARKS AND RECREATION DEPARTMENT

1:25:34 AND OTHER ORGANIZATIONS CAN

1:25:35 MAKE KEY INVESTMENTS IN PUBLIC

1:25:37 PARKS.

1:25:38 DECREASING THE FUNDING WOULD BE

1:25:40 A LARGE SETBACK AS THE CITY

1:25:41 WORKS TO PROVIDE WORLD CLASS

1:25:42 PUBLIC PARKS AND RECREATION

1:25:43 SPACES.

1:25:44 WHILE THE CITY AND STATE

1:25:45 CLEARLY NEED MORE PUBLIC

1:25:46 HOUSING, OUR PARKS SYSTEMS ARE

1:25:48 ALREADY ALREADY DEEPLY

1:25:50 UNDERFUNDED.

1:25:51 DECREASING FUNDING FOR OPEN

1:25:52 SPACE COULD JEOPARDIZE THE

1:25:53 HEALTH BENEFITS THAT RESULT

1:25:55 FROM PROVIDING EXCELLENT

1:25:56 OUTDOOR SPACES FOR OUR

1:25:57 RESIDENTS AND GUESTS.

1:25:59 DIVERTING FUNDING FROM PARKS

1:26:00 COULD ALSO STYMIE CRITICAL

1:26:01 ADVANCEMENTS ON RESILIENT

1:26:02 PROJECTS THAT CAN AFFORD NO

1:26:03 DELAYS.

1:26:05 WE'VE SPENT THE LAST SIX YEARS

1:26:06 DOING IN-DEPTH COMMUNITY

1:26:07 ENGAGEMENT AROUND MACLEAY PARK

1:26:09 WITH THE CITY AND DOZENS

1:26:10 OF COMMUNITY PARTNERS.

1:26:11 SPEAKING WITH THOUSANDS

1:26:12 OF FOLKS HAS ONLY CONFIRMED

1:26:13 WHAT THE RESEARCH ALREADY SHOWS

1:26:15 THAT PARKS AND OPEN SPACES ARE

1:26:17 CRITICAL FOR THE MENTAL AND

1:26:18 PHYSICAL HEALTH OF COMMUNITIES.

1:26:19 UH BOSTON HARBOR NOW DOES NOT

1:26:21 SUPPORT DECREASING CPA FUNDING

1:26:22 AWAY FROM OPEN SPACE AND

1:26:24 RECREATION TOWARDS AFFORDABLE

1:26:25 HOUSING.

1:26:25 UH, THANK YOU FOR THE

1:26:27 OPPORTUNITY TO TESTIFY.

1:26:29 THANK YOU.

1:26:30 PERFECT TIME.

1:26:32 UM.

1:26:34 CATHERINE DAVIS WHEELER.

1:26:43 GOOD AFTERNOON.

1:26:44 HELLO, COUNCILORS.

1:26:45 UM.

1:26:46 MY NAME IS CATHERINE DAVIS

1:26:47 WHEELER.

1:26:48 AND I REPRESENT THE BOSTON

1:26:49 PRESERVATION ALLIANCE, WHICH IS

1:26:51 THE CITY'S PRIMARY NONPROFIT

1:26:53 ORGANIZATION DEDICATED TO

1:26:55 PROTECTING AND PROMOTING

1:26:56 BOSTON'S HISTORIC BUILDINGS,

1:26:58 PLACES AND LANDSCAPES.

1:26:59 UM, TODAY I'M HERE TO EXPRESS

1:27:01 OUR CONCERN THAT THE CITY

1:27:03 COUNCIL COMMITTEE ON THE

1:27:04 COMMUNITY PRESERVATION ACT IS

1:27:06 CONSIDERING CHANGING THE

1:27:07 ALLOCATION OF CPA FUNDS TO

1:27:08 BOSTON ORGANIZATIONS.

1:27:10 ANY DISCUSSION ABOUT CHANGING

1:27:12 FUNDING ALLOCATION WITHOUT

1:27:13 RAISING THE TOTAL AMOUNT OF CPA

1:27:14 FUNDS INTRODUCES THE REDUCTION

1:27:16 OF FUNDING FOR HISTORIC

1:27:17 PRESERVATION AND OUR OPEN SPACE

1:27:19 AND RECREATION PROJECTS.

1:27:21 CPA FUNDS ARE THE ONLY SOURCE

1:27:23 OF PUBLIC FUNDING DIRECTLY

1:27:24 AVAILABLE TO BOSTONIANS THAT

1:27:25 SUPPORT BRICK AND MORTAR

1:27:27 HISTORIC PRESERVATION.

1:27:28 THEY EMPOWER COMMUNITIES TO.

1:27:30 MAINTAIN AFFORDABLE HOUSING

1:27:32 SUCH AS WHEN CPA FUNDS WERE

1:27:33 USED AT BEACON HOUSE AND BEACON

1:27:35 HILL UH PRESERVE PLACES

1:27:37 OF WORSHIP LIKE THE 12TH

1:27:38 BAPTIST CHURCH IN ROXBURY.

1:27:40 AS MENTIONED EARLIER, UH

1:27:41 SUPPORT THE RESTORATION

1:27:42 OF SCHOOLS INCLUDING BRIA SDA

1:27:44 ACADEMY IN MATTAPAN.

1:27:45 THIS IS ONLY A SMALL SELECTION

1:27:48 OF SUCCESSFUL PRESERVATION

1:27:49 PROJECTS, ESPECIALLY IN THE

1:27:50 NEIGHBORHOODS REPRESENTED BY

1:27:51 MANY IN THIS COMMITTEE.

1:27:53 DESPITE THE SUCCESSES, THE

1:27:54 PROGRAM REMAINS HIGHLY

1:27:55 COMPETITIVE AND APPLICANTS ARE

1:27:57 OFTEN FORCED TO DELAY OR

1:27:58 ABANDON MUCH NEEDED WORK IN

1:28:00 THEIR COMMUNITIES.

1:28:00 THAT'S SHORT FOR ALL HARMS THE

1:28:03 PLACES WHERE BOSTONIANS HAVE

1:28:04 GATHERED, LEARNED, WORSHIPED

1:28:06 AND RECEIVED CARE FOR

1:28:07 GENERATIONS DOLLAR FOR DOLLAR

1:28:09 CPA GRANTS HAVE A LARGER IMPACT

1:28:11 ON HISTORIC PRESERVATION

1:28:12 EFFORTS IN BOSTON THAN ON

1:28:14 AFFORDABLE HOUSING PRODUCTION.

1:28:16 IN 2024, FELLOWS AT THE MAYOR'S

1:28:18 OFFICE OF NEW URBAN MECHANICS

1:28:19 ESTIMATED THAT THE COST PER

1:28:20 SINGLE UNIT OF LARGE PUBLIC

1:28:22 HOUSING PROJECTS AVERAGED

1:28:25 $677,000.

1:28:27 IN COMPARISON, THE AVERAGE

1:28:28 PROPOSED GRANT OF WORK AMOUNT

1:28:30 AWARDED TO HISTORIC

1:28:31 PRESERVATION PROJECTS IN THE

1:28:32 FINANCIAL YEAR 26 CPA ROUND WAS

1:28:36 354,000.

1:28:37 SIMPLY PUT, THESE FUNDS ARE

1:28:39 MORE LIMITED, HARDER TO COME BY

1:28:41 AND MORE CONSEQUENTIAL TO

1:28:42 BOSTONIANS HISTORIC

1:28:43 PRESERVATION EFFORTS.

1:28:45 I HAVE JUST TWO MORE THINGS

1:28:48 NATIONALLY THE NATIONAL

1:28:49 HISTORIC PRESERVATION ACT AND

1:28:50 SECTION 106 ARE AT RISK.

1:28:52 THIS IS THREATENED THE LOSS

1:28:53 OF SIGNIFICANT RESOURCES AND

1:28:55 CULTURAL LANDSCAPES ACROSS THE

1:28:56 UNITED STATES.

1:28:57 IT IS MORE IMPORTANT NOW THAN

1:28:59 EVER THAT WE USE OUR LOCAL

1:29:00 POWER TO PROTECT OUR

1:29:02 IRREPLACEABLE CULTURAL

1:29:03 RESOURCES AND ASSETS IN BOSTON,

1:29:05 PRESERVATION SUPPORTS CITYWIDE

1:29:07 SUSTAINABILITY AND HOUSING

1:29:08 GOALS AS WELL AS MAKING

1:29:09 COMMUNITIES MORE STABLE,

1:29:11 INCLUSIVE, THOUGHTFUL PLACES IS

1:29:13 WHAT MAKES BOSTON BETTER FOR

1:29:15 ALL OF US.

1:29:16 THE ALLIANCE RESPECTFULLY

1:29:17 REQUEST THAT THE COMMITTEE

1:29:18 TABLE ANY CONVERSATION

1:29:20 DISCUSSING REDUCTION IN CPA

1:29:21 FUNDING FOR HISTORIC

1:29:22 PRESERVATION PROJECTS.

1:29:23 THANK YOU SO MUCH.

1:29:25 THANK YOU.

1:29:28 NEXT, JEFFREY.

1:29:31 HI THERE JEFFREY GANO FROM

1:29:39 DORCHESTER.

1:29:39 APOLOGIES IN ADVANCE.

1:29:41 MY STATEMENT IS GOING TO RUN A

1:29:42 LITTLE BIT LONG.

1:29:42 I'VE BEEN CUTTING OUT UH

1:29:44 SENTENCES HERE AND THERE SINCE

1:29:45 I LIKE THE TWO MINUTE UM LIMIT

1:29:47 .

1:29:48 SO I'M A FAST READER.

1:29:49 SO UH MY NAME IS JEFFREY GANO.

1:29:51 I'VE LIVED IN DORCHESTER FOR 29

1:29:52 YEARS PRIMARILY IN THE ASHMONT

1:29:53 PEABODY SQUARE AREA AND HAVE

1:29:55 BEEN ACTIVE IN COMMUNITY

1:29:57 ORGANIZATIONS AND INITIATIVES

1:29:57 FOR NEARLY THREE DECADES.

1:29:59 I WAS A FOUNDING BOARD MEMBER

1:30:00 OF THE GREATER ASHMONT MAIN

1:30:01 STREET SERVING FOR 20 YEARS AND

1:30:03 I CURRENTLY SERVE AS A BOARD

1:30:04 MEMBER AND THE VICE PRESIDENT

1:30:05 OF THE DORCHESTER HISTORICAL

1:30:06 SOCIETY.

1:30:07 23 YEARS AGO I MOBILIZED

1:30:08 COMMUNITY SUPPORT FOR THE

1:30:10 RESTORATION OF THE HISTORIC

1:30:10 PEABODY STREET A BOSTON

1:30:12 LANDMARK.

1:30:13 I HAVE HAND-WOUND THAT CLOCK

1:30:15 EVERY DAY OR EVERY WEEK.

1:30:17 EVER SINCE AND SINCE 2018 I'VE

1:30:20 SERVED AS A COMMISSIONER ON THE

1:30:21 BOSTON LANDMARKS COMMISSION.

1:30:22 PROFESSIONALLY, I'VE BEEN A

1:30:23 HISTORIC PRESERVATION

1:30:24 CONSULTANT SINCE 2013 FOCUSING

1:30:26 ON PRESERVATION PLANNING,

1:30:27 COMMUNITY ENGAGEMENT,

1:30:28 FUNDRAISING AND PROJECT

1:30:29 MANAGEMENT FOR NONPROFIT

1:30:30 ORGANIZATIONS, RELIGIOUS

1:30:32 CONGREGATIONS AND

1:30:32 MUNICIPALITIES.

1:30:34 IN 2015 I JOINED PRESERVATION

1:30:36 MASSACHUSETTS, THE STATEWIDE

1:30:37 PRESERVATION ADVOCACY

1:30:38 ORGANIZATION, AS ITS EASTERN

1:30:40 MASSACHUSETTS FIELD SERVICES

1:30:42 REPRESENTATIVE.

1:30:42 TODAY I SPEAK IN A PERSONAL

1:30:45 CAPACITY DRAWING ON MY

1:30:46 FIRSTHAND EXPERIENCE WITH THE

1:30:47 BENEFITS OF BOSTON'S COMMUNITY

1:30:49 PRESERVATION ACT HISTORIC

1:30:50 PRESERVATION GRANTS SINCE THE

1:30:51 FIRST GRANTS WERE AWARDED IN

1:30:53 2018.

1:30:53 SINCE THEN I HAVE WORKED WITH

1:30:55 TEN COMMUNITY BASED

1:30:57 ORGANIZATIONS TO SECURE

1:30:58 ADMINISTER 22 CPA HISTORIC

1:31:00 PRESERVATION GRANTS BENEFITING

1:31:02 SIX BOSTON NEIGHBORHOODS THE

1:31:03 BACK BAY BRIGHTON CENTRAL

1:31:05 BUSINESS DISTRICT, DORCHESTER,

1:31:06 FENWAY AND ROXBURY.

1:31:08 BASED ON THAT EXPERIENCE, I

1:31:09 WOULD LIKE TO MAKE FIVE VERY

1:31:10 BRIEF POINTS ABOUT THE

1:31:12 SIGNIFICANT VALUE THESE GRANTS

1:31:14 PROVIDE TO BOSTON, ITS

1:31:15 RESIDENTS AND THE COMMUNITY

1:31:17 ORGANIZATIONS THAT DEPEND ON

1:31:18 SAFE, WELL-MAINTAINED SPACES TO

1:31:20 DELIVER ESSENTIAL SERVICES.

1:31:21 POINT NUMBER ONE CPR HISTORIC

1:31:23 PRESERVATION GRANTS HAVE BEEN A

1:31:25 GAME CHANGER FOR HISTORIC

1:31:26 PRESERVATION.

1:31:27 BEFORE BOSTON ADOPTED THE CPA

1:31:29 IN 2017, ONLY A HANDFUL

1:31:30 OF CITY, REGIONAL AND STATEWIDE

1:31:31 FUNDERS PROVIDED MEANINGFUL

1:31:33 SUPPORT FOR QUALITY HISTORIC

1:31:34 PRESERVATION WORK.

1:31:37 ORGANIZATIONS RESPONSIBLE FOR

1:31:38 LARGE, COMPLEX LEGACY BUILDINGS

1:31:39 OFTEN HAD NO CHOICE BUT TO

1:31:41 DEFER COSTLY MAINTENANCE

1:31:43 RESULTING IN DECADES, SOMETIMES

1:31:44 GENERATIONS OF UNDERINVESTMENT

1:31:46 .

1:31:46 THE NEED FOR HISTORIC

1:31:47 PRESERVATION FUNDING HAS LONG

1:31:49 BEEN SUBSTANTIAL AND UNDER MIT

1:31:50 AND CPA HAS FINALLY PROVIDED A

1:31:53 SOURCE OF FUNDING TO HELP

1:31:54 ADDRESS THAT NEED EVEN IF THE

1:31:55 WORK TAKES SEVERAL GRANT ROUNDS

1:31:56 TO COMPLETE.

1:31:58 REDUCING THE CURRENT POOL

1:31:59 OF CPA HISTORIC PRESERVATION

1:32:00 FUNDING WOULD REPRESENT A MAJOR

1:32:01 SETBACK TO ADDRESSING THIS NEED

1:32:03 .

1:32:03 MY SECOND POINT HISTORIC

1:32:05 PRESERVATION GRANTS ARE DRIVEN

1:32:06 DIRECTLY BY COMMUNITIES AFTER

1:32:08 ATTENDING DOZENS OF CPA

1:32:09 HEARINGS OVER THE PAST NINE

1:32:11 YEARS, I HAVE OBSERVED A CLEAR

1:32:12 DISTINCTION AMONG PROJECTS

1:32:13 FUNDED IN THE PROGRAM'S THREE

1:32:15 FUNDING CATEGORIES

1:32:16 OF AFFORDABLE HOUSING, OPEN

1:32:17 SPACE AND HISTORIC PRESERVATION

1:32:18 .

1:32:18 THE PIPELINE OF AFFORDABLE

1:32:20 HOUSING AND OPEN SPACE PROJECTS

1:32:21 FREQUENTLY INVOLVES OR IS

1:32:22 DRIVEN BY CITY DEPARTMENTS,

1:32:24 AGENCIES AND STAFF DIRECTLY.

1:32:26 THE SLATE OF HISTORIC

1:32:27 PRESERVATION PROJECTS THAT ARE

1:32:28 REPRESENTED FOR CONSIDERATION

1:32:29 IN ANY GIVEN ROUND, BY CONTRAST

1:32:31 ,ARE DISTINCTLY MORE

1:32:32 INDEPENDENTLY DRIVEN OR

1:32:33 GRASSROOTS, REFLECTING THE REAL

1:32:35 TIME PRIORITIES OF THE

1:32:36 COMMUNITY ORGANIZATIONS THAT

1:32:37 APPLY AS CITY COUNCILORS.

1:32:39 I HOPE YOU WOULD SEE THAT THIS

1:32:40 HIGH LEVEL OF DIRECT

1:32:41 CONSTITUENT PARTICIPATION IS A

1:32:43 STRENGTH OF THE PROGRAM,

1:32:45 ESPECIALLY IN DORCHESTER AND

1:32:46 ROXBURY HISTORICALLY

1:32:47 UNDERSERVED NEIGHBORHOODS THAT

1:32:48 HAVE BENEFITED SUBSTANTIALLY

1:32:50 FROM HISTORIC PRESERVATION

1:32:51 GRANTS FOR COMMUNITY BASED

1:32:52 PROJECTS.

1:32:54 MY THIRD POINT FOR MANY

1:32:55 HISTORIC PRESERVATION PROJECTS

1:32:56 ,CPA FUNDING MAKES THE

1:32:58 DIFFERENCE BETWEEN A PROJECT

1:32:59 HAPPENING AND NOT HAPPENING.

1:33:00 ANYONE WHO HAS EXAMINED A

1:33:02 TYPICAL AFFORDABLE HOUSING

1:33:03 PROJECTS PROFORMA KNOWS HOW

1:33:04 MANY FUNDING SOURCES OF VARIOUS

1:33:05 TYPES FROM FEDERAL, STATE, CITY

1:33:07 AND PRIVATE ENTITIES MAY BE

1:33:08 NEEDED TO MAKE IT WORK.

1:33:10 1012 1520 OR EVEN MORE SOURCES

1:33:12 IN MY EXPERIENCE, A TYPICAL CPA

1:33:14 HISTORIC PRESERVATION PROJECT

1:33:15 HAS ONE PRIMARY FUNDING SOURCE

1:33:18 ITS CPA GRANT AND ORGANIZATION

1:33:20 MAY CONTRIBUTE INTERNAL

1:33:21 BUILDING FUNDS IF IT HAS THEM

1:33:23 OR SECURES SMALLER GRANTS FROM

1:33:24 OTHER PUBLIC OR PRIVATE

1:33:25 SOURCES, BUT THOSE OTHER GRANTS

1:33:26 ARE TYPICALLY ONLY WORTH TENS

1:33:28 OF THOUSANDS OF DOLLARS AS

1:33:29 COMPARED TO A CPA GRANT

1:33:31 OF $500,000 OR MORE WITH CPA

1:33:33 FUNDING AND WITHOUT CPA FUNDING

1:33:35 AND WITH SO FEW OTHER

1:33:36 ALTERNATIVES, MANY OF THESE

1:33:37 PRESERVATION PROJECTS SIMPLY

1:33:39 CANNOT PROCEED THEY WILL DIE

1:33:40 REDUCING THE POOL OF HISTORIC

1:33:42 PRESERVATION FUNDING BY 60%

1:33:44 DOWN FROM THE CURRENT 25% TO

1:33:46 THE MINIMUM PROGRAM REQUIREMENT

1:33:47 OF 10% WILL LIKELY KILL 60%

1:33:50 OF ALL ELIGIBLE CPA HISTORIC

1:33:52 PRESERVATION PROJECTS,

1:33:53 DECREASING THE PORTFOLIO FROM

1:33:54 ABOUT 25 PROJECTS PER YEAR DOWN

1:33:56 TO TEN.

1:33:58 MY FOURTH POINT HISTORIC

1:33:59 PRESERVATION GRANTS CAN.

1:34:01 YOU PLEASE UM GO TO THE END?

1:34:03 YES, I WILL GO TO THE END SO

1:34:04 QUICKLY.

1:34:05 UM, HISTORIC PRESERVATION

1:34:07 GRANTS PROTECT ESSENTIAL

1:34:08 COMMUNITY SERVICE NOT JUST

1:34:09 BEAUTIFUL BUILDINGS.

1:34:10 I THINK THERE'S A MISCONCEPTION

1:34:11 THAT THIS IS ABOUT BEAUTIFUL

1:34:12 SLATE ROOFS AND FANCY COPPER

1:34:13 WORK AND UH, ESTHETICS WHEN IN

1:34:16 FACT MANY OF THESE OF THE

1:34:18 ORGANIZATIONS THAT OWN AND OUR

1:34:20 HOUSING THESE HISTORIC

1:34:20 STRUCTURES PROVIDE INNUMERABLE

1:34:22 COMMUNITY SERVICES OFTEN FOR

1:34:24 FREE OR REDUCED PRICING IF AT

1:34:26 ANY COST AT ALL.

1:34:27 SO WHAT WOULD THE CITY NEED TO

1:34:29 DO TO REPLACE ALL THE SERVICES

1:34:30 THAT ARE HAPPENING IN THESE

1:34:32 HISTORIC BUILDINGS?

1:34:33 I THINK CPA REPRESENTS A GREAT

1:34:34 INVESTMENT IN UM, HELPING THESE

1:34:37 ORGANIZATIONS PROVIDE THOSE

1:34:38 SERVICES AND THEN FINALLY UM

1:34:41 CPA GRANTS HELP STRENGTHEN THE

1:34:43 ORGANIZATIONS THAT RECEIVE THEM

1:34:45 UM, FEEDING INTER STAFF TO

1:34:46 AMAZING WORK ABOUT CAPACITY

1:34:48 BUILDING AMONG ORGANIZATIONS.

1:34:50 UM FOR MANY OF THE

1:34:51 ORGANIZATIONS THAT I WORK WITH

1:34:52 ,THEY'RE VOLUNTEER DRIVEN

1:34:53 FACED WITH BUILDINGS THAT UH

1:34:55 HAVE 5 OR 10 OR $20 MILLION

1:34:57 WORTH OF DEFERRED MAINTENANCE

1:34:57 ON THEM.

1:34:58 UM, THE BEAUTY OF CPA IS THAT,

1:35:00 UH, THROUGH THE REPORTING AND

1:35:02 APPLICATION PROCESS, SF GIVES

1:35:04 HANDS ON TRAINING ESSENTIALLY

1:35:05 UM THE BUILD THE CAPACITY

1:35:06 OF THESE ORGANIZATIONS NOT ONLY

1:35:08 HELPS THEM DEAL WITH THEIR

1:35:09 BUILDINGS BUT ALSO HELPS THEM

1:35:10 DO WHAT THEY DO TO SERVE THEIR

1:35:12 COMMUNITIES EVEN BETTER.

1:35:13 SO FINALLY MY MAIN POINT IS

1:35:15 RATHER THAN SLICING AND DICING

1:35:18 THE PIE OF CPA FUNDS, WHY DON'T

1:35:20 WE MAKE THE PIE BIGGER?

1:35:22 UM, STATUTORILY WE CAN UH,

1:35:24 ADOPT A SURCHARGE OF UP TO 3%

1:35:26 WHICH WOULD TREBLE THE AMOUNT

1:35:27 OF MONEY UH, MADE POSSIBLE FOR

1:35:30 ALL OF THE THREE ACTIVITIES.

1:35:32 SO AS CITY COUNCILORS, I HOPE

1:35:35 THAT YOU MIGHT THINK ABOUT THAT

1:35:37 QUESTION RATHER THAN, UM,

1:35:38 SWITCHING FUNDS FROM ONE

1:35:40 CATEGORY TO ANOTHER.

1:35:41 THINK ABOUT MAKING THE PIE

1:35:43 BIGGER TO BENEFIT OUR AUDIENCE

1:35:44 .

1:35:44 SO THANK YOU VERY MUCH.

1:35:45 THANK YOU.

1:35:47 OKAY.

1:35:48 UM, NEXT WE HAVE REBECCA.

1:35:51 THEN WE.

1:35:52 HAVE MERCY.

1:35:55 THANK YOU.

1:35:55 PLEASE, UM, TO TRY TO KEEP IT A

1:35:57 TWO MINUTES JUST THERE'S A LOT

1:35:59 OF PUBLIC TESTIMONY.

1:35:59 ABSOLUTELY.

1:36:00 THANK YOU.

1:36:01 MY NAME IS REBECCA KEMPER

1:36:02 REPRESENTING HISTORIC.

1:36:03 BOSTON INCORPORATED.

1:36:04 LOCATED HERE IN THE DOWNTOWN.

1:36:06 CROSSING AND THEIR ART.

1:36:09 WHEN IT COMES TO HISTORIC.

1:36:10 PRESERVATION.

1:36:11 UH, IT PROTECTS AFFORDABLE

1:36:13 HOUSING.

1:36:14 UH, NATURALLY.

1:36:15 SO WHAT WE CALL NATURALLY

1:36:16 AFFORDABLE HOUSING OR NOAA'S IN

1:36:18 RESEARCH IT DOES THIS BY TWO

1:36:20 WAYS ONE THROUGH DIRECT UM

1:36:22 ADAPTIVE UH OR CONVERSION.

1:36:26 AND IT ALSO DOES THIS BY

1:36:27 PROTECTING THE HISTORIC FABRIC

1:36:29 AROUND UH BUILDINGS OF WHICH

1:36:31 PEOPLE ARE RESIDING THAT IS

1:36:33 AFFORDABLE IS THERE'S TWO

1:36:34 PATHWAYS TO THIS.

1:36:35 IT'S INCREDIBLY MEANINGFUL WHEN

1:36:37 WE THINK ABOUT BOSTON'S

1:36:39 HISTORIC FABRIC, WELL OVER 50%

1:36:43 IS CONSIDERED HISTORIC.

1:36:44 THESE ARE BUILDINGS THAT NEED

1:36:45 ONGOING MAINTENANCE.

1:36:46 THEY NEED ONGOING CARE.

1:36:48 SOMETIMES THOSE THAT ARE

1:36:50 RESPONSIBLE FOR BEING STEWARDS

1:36:51 OF THESE BUILDINGS DO NOT HAVE

1:36:53 THE MEANS TO DO SO, BUT THEY

1:36:54 WANT TO DO WHAT'S RIGHT.

1:36:56 CPA FUNDS ALLOWS FOR THAT

1:36:58 FLEXIBILITY.

1:36:59 UM I.

1:37:00 THINK.

1:37:00 THE OTHER ASPECT OF THIS TO

1:37:02 KEEP IN MIND IS WE ARE A PIECE

1:37:05 IN AFFORDABILITY FOR BOSTON AND

1:37:06 WE ARE ALSO WHEN IT COMES TO

1:37:08 PRESERVATION WE'RE UNDER

1:37:10 THREAT, UH, FROM A FEDERAL

1:37:12 PERSPECTIVE, UH, THE NUMBER TWO

1:37:14 PAIRED UH FEDERAL FUNDING WITH

1:37:17 UH LOW INCOME TAX CREDIT

1:37:18 HISTORIC UH LOW INCOME TAX

1:37:20 CREDITS OR UM LIGHT TECH WAS

1:37:23 HISTORIC TAX CREDITS.

1:37:24 THE NUMBER ONE WAS NEW MARKETS.

1:37:26 THIS HAS CHANGED HISTORIC TAX

1:37:28 CREDITS ARE NOW HAVE TO BE

1:37:30 TAKEN ADVANTAGE OF AFTER FIVE

1:37:31 YEARS AND NOT ONE.

1:37:32 THIS MAKES IT IMPOSSIBLE FOR

1:37:35 DEVELOPERS TO DO PROJECTS THAT

1:37:37 ARE CITING AFFORDABILITY AND

1:37:40 COMMUNITIES THAT NEED IT THE

1:37:41 MOST AND OUR HISTORIC BUILDINGS

1:37:42 .

1:37:43 SO WE TOO ARE FACING VERY

1:37:45 SIMILAR CHALLENGES AND CPA

1:37:46 FUNDS ALLOWS FOR LOCAL FUNDING

1:37:49 TO PROTECT THOSE SPACES.

1:37:50 I THINK WE'RE ALMOST OUT

1:37:51 OF TIME SO THANK YOU SO MUCH.

1:37:52 THANK YOU MERCY.

1:37:58 GOOD AFTERNOON.

1:38:00 UH MY NAME IS MARTY ROBINSON

1:38:01 AND I'M THE EXECUTIVE DIRECTOR

1:38:03 OF SABASTIAN AND ACTION.

1:38:04 I WANT TO BEGIN BY SAYING THAT

1:38:06 I STRONGLY SUPPORT AFFORDABLE

1:38:07 HOUSING.

1:38:08 HOWEVER, I OPPOSE CHANGING THE

1:38:10 CURRENT COMMUNITY PRESERVATION

1:38:11 ACT FUNDING ALLOCATION TO

1:38:12 INCREASE THE PERCENTAGE

1:38:14 DEDICATED TO HOUSING AT THE

1:38:15 EXPENSE OF OTHER ESSENTIAL

1:38:16 COMMUNITY.

1:38:17 INVESTMENTS IN SOUTH BOSTON.

1:38:19 WE WORK CLOSELY WITH RESIDENTS

1:38:20 OF MARY ELLEN MCCORMICK, OLD

1:38:22 COLONY AND WEST BROADWAY.

1:38:23 THESE FAMILIES NEED STABLE

1:38:25 AFFORDABLE HOUSING ESPECIALLY

1:38:26 OUR YOUNGER GENERATIONS

1:38:27 PREPARING TO LEAVE HOME COLLEGE

1:38:28 STUDENTS WONDERING WHETHER.

1:38:30 THEY'LL BE ABLE TO AFFORD A.

1:38:31 PLACE OF THEIR OWN AFTER

1:38:32 GRADUATION AND YOUNG FAMILIES

1:38:33 WHO ARE UNDER HOUSE AND NEED

1:38:35 MORE SPACE.

1:38:37 MANY OF THESE FAMILIES.

1:38:38 LIVE DOUBLED UP WITH.

1:38:39 PARENTS OR RELATIVES NOT

1:38:40 NECESSARILY BY CHOICE.

1:38:41 BUT BECAUSE AFFORDABLE.

1:38:43 HOUSING IS SCARCE.

1:38:44 WITH LOW WAGE JOBS AND RISING

1:38:46 COSTS OF LIVING, EVEN FULL TIME

1:38:47 WORKERS LIVING PAYCHECK TO

1:38:49 PAYCHECK FIND MOVING INTO THE

1:38:50 INTO A HOME OF THEIR OWN NEARLY

1:38:52 IMPOSSIBLE.

1:38:54 BUT HOUSING IS ONLY PART OF THE

1:38:56 EQUATION.

1:38:56 OUR RESIDENTS ALSO NEED SAFE

1:38:59 PARKS, RECREATIONAL SPACES,

1:39:01 COMMUNITY GARDENS AND PLACES

1:39:02 WHERE FAMILIES CAN GATHER

1:39:03 WHETHER IT'S ATTENDING A

1:39:04 COMMUNITY EVENT, TAKING A WALK

1:39:06 OR EVEN JUST TAPPING OUTSIDE

1:39:07 FOR FOR A LITTLE BIT OF FRESH

1:39:09 AIR.

1:39:10 AFFORDABLE HOUSING DOES NOT

1:39:12 EXIST IN ISOLATION.

1:39:13 THE QUALITY OF LIFE SURROUNDING

1:39:14 THAT HOUSING MATTERS JUST AS

1:39:16 MUCH THROUGH OUR WORK AS US

1:39:18 BOSTON ACTION WE HAVE SEEN

1:39:20 FIRSTHAND HOW INVESTMENTS IN

1:39:21 PARKS, OPEN SPACES, RECREATION

1:39:23 AND RECREATION SUPPORT YOUTH

1:39:25 DEVELOPMENT, MENTAL HEALTH,

1:39:26 COMMUNITY WELLNESS AND

1:39:27 NEIGHBORHOOD STABILITY.

1:39:30 I'M SORRY.

1:39:33 OUR COMMUNITY SHOULD NOT HAVE

1:39:35 TO CHOOSE BETWEEN AFFORDABLE

1:39:35 HOMES AND HEALTHY, SAFE,

1:39:37 RESILIENT NEIGHBORHOODS.

1:39:38 THEY DESERVE BOTH.

1:39:40 I RESPECTFULLY ASK THE

1:39:41 COMMITTEE TO MAINTAIN THE

1:39:42 CURRENT CPI ALLOCATION WHILE

1:39:43 EXPLORING BROADER HOUSING

1:39:44 SOLUTIONS THAT ALLOW RESIDENTS

1:39:46 ESPECIALLY OUR YOUNGER

1:39:47 GENERATION WORKING FAMILIES TO

1:39:48 REMAIN IN THE COMMUNITIES THEY

1:39:50 CALL HOME.

1:39:50 THANK YOU.

1:39:57 UM LET'S LOOK.

1:40:08 HI MY NAME IS LIZ LUKE CLEWS.

1:40:10 I'M THE DIRECTOR OF ENGAGEMENT

1:40:12 CONSTRUCTION AT THE BOSTON FOOD

1:40:14 FOREST COALITION.

1:40:15 I'M HERE TODAY ON BEHALF

1:40:17 OF HUNDREDS OF NEIGHBORS ACROSS

1:40:18 THE CITY.

1:40:19 UH, WE'RE A SMALL NONPROFIT THE

1:40:22 COALITION OF 15 PARKS.

1:40:24 UM, AND WE WORK WITH COMMUNITY

1:40:26 GROUPS AND ASSOCIATIONS IN

1:40:28 MATTAPAN, DORCHESTER, JP,

1:40:31 ROSLINDALE, ROXBURY, ALLSTON,

1:40:32 EAST BOSTON AND MANY MORE.

1:40:34 UM, IN MY WORK I SEE CPA UH

1:40:39 OPEN SPACE DOLLARS UM FIRSTHAND

1:40:42 ON THE GROUND I AND MY TEAM WE

1:40:44 SIT WITH NEIGHBORS AROUND

1:40:46 VACANT LOTS AND DESIGN PARKS

1:40:49 TOGETHER.

1:40:49 UM, NEIGHBORS DECIDE WHAT TO

1:40:51 PLANT, WHERE THEY WILL GATHER,

1:40:52 HOW KIDS WILL PLAY THERE AND

1:40:54 WHAT FOOD THEY WILL HARVEST.

1:40:55 AND TOGETHER OUR TEAM WE BUILD

1:40:58 ,UM, THESE FOOD FOREST PARKS,

1:41:01 UH, FOR NEIGHBORS AND WE BUILD

1:41:03 THEM TOGETHER.

1:41:04 AND SO WE'RE HERE TO SUPPORT UH

1:41:06 ,OPEN SPACE FOR FOOD FORESTS

1:41:08 AND FOR UM, PARKS AND

1:41:10 RECREATION AS WELL.

1:41:11 THAT'S HOW NORA RADCLIFFE CAME

1:41:14 TO LIFE IN DISTRICT FOUR SEVEN

1:41:17 HILL AND HOPE GARDEN ALSO IN

1:41:19 DISTRICT SEVEN EDGEWATER AND

1:41:21 FAIRY HOLLOW AND DISTRICT FIVE

1:41:23 EACH ONE STARTED AS A VACANT

1:41:24 AND NEGLECTED LOT UH EACH ONE

1:41:28 MANAGES STORMWATER, COOLS THE

1:41:30 BLOCK, GROWS FOOD FOR NEIGHBORS

1:41:32 TO HARVEST AND THEY ARE RUN AT

1:41:34 LOW PUBLIC COST AND NEIGHBORS

1:41:37 THEMSELVES CARE FOR THESE PARKS

1:41:39 AND WE SUPPORT THEM.

1:41:41 MANY ARE POSSIBLE BECAUSE WE

1:41:45 PAIRED CPA DOLLARS WITH LAND

1:41:47 FROM MAYOR'S OFFICE OF HOUSING

1:41:50 ,A PARTNER WHOSE HOUSING

1:41:52 MISSION WE FULLY SUPPORT.

1:41:54 THANK YOU COUNCILOR WORRELL

1:41:57 COUNCILOR CULPEPER FOR TAKING

1:41:58 ON THE HARD QUESTION HOW BOSTON

1:42:01 REPLACES EXPIRING ARPA DOLLARS.

1:42:03 WE SUPPORT FUNDING AFFORDABLE

1:42:05 HOUSING AND WE BELIEVE BOSTON

1:42:06 CAN DO CAN DO IT WITHOUT

1:42:09 CUTTING OPEN SPACE ON A CPA

1:42:11 POOL OF 47 MILLION.

1:42:13 DROPPING OPEN SPACE FROM 20 TO

1:42:16 10 MOVES ROUGHLY 4.7 MILLION A

1:42:19 YEAR.

1:42:19 THAT'S A FRACTION OF THE 240

1:42:22 MILLION ARPA GAP.

1:42:23 UM, WHAT WE'RE PROPOSING IS TO

1:42:25 MOVE THE 10% FLEXIBLE SHARE TO

1:42:29 HOUSING AND RAISING IT FROM 50

1:42:32 TO 60 AND KEEP OPEN SPACE AT

1:42:35 20%.

1:42:35 UM, I THINK WE HEARD EARLIER IF

1:42:37 IT'S WORKING, LET'S CONTINUE ON

1:42:39 IN THE SAME WAY NEIGHBORS WANT

1:42:41 HOMES THEY CAN AFFORD AND THEY

1:42:43 WANT GREEN SPACES THAT ARE

1:42:45 WORTH LIVING NEXT TO AND THAT

1:42:47 THEY CARE FOR.

1:42:47 WITH THIS APPROACH BOSTON CAN

1:42:50 HAVE BOTH AND I THANK YOU FOR

1:42:52 YOUR TIME.

1:42:53 THANK YOU.

1:42:55 UM, ADDISON.

1:43:09 UM, NO.

1:43:09 OKAY.

1:43:10 UM, RYAN.

1:43:20 HELLO.

1:43:21 MY NAME IS RYAN KRIEGMAN.

1:43:22 UM, THE EXECUTIVE DIRECTOR

1:43:23 OF THE BOSTON FOOD FOREST

1:43:25 COALITION.

1:43:25 AND THANK YOU, COUNCILOR PEPEN

1:43:27 AND COUNCILOR WORRELL FOR THE

1:43:29 OPPORTUNITY TO TESTIFY TODAY.

1:43:31 UM, QUICK STORY IS WHEN WE

1:43:34 STARTED THE FOOD FOREST

1:43:35 COALITION IT WAS GRASSROOTS

1:43:37 NEIGHBORS LITERALLY, UH,

1:43:39 BRINGING PLANTS FROM THEIR OWN

1:43:40 YARD AS DUMPSTER DIVING

1:43:42 CARDBOARD TO REPAIR THE SOIL.

1:43:44 WE STARTED AND I STARTED IN

1:43:45 EGGLESTON SQUARE.

1:43:46 I MET HUNDREDS OF OTHER

1:43:47 NEIGHBORS IN OTHER PARTS

1:43:48 OF BOSTON DOING THIS WORK, AND

1:43:50 WE REALIZED VERY QUICKLY THAT,

1:43:52 UH, WE NEEDED TO INCORPORATE A

1:43:54 NONPROFIT COMMUNITY LAND TRUST

1:43:55 IN ORDER TO OWN THE LAND AND

1:43:56 PROTECT THE GOOD WORK WE WERE

1:43:58 DOING.

1:43:58 AND IT WASN'T UNTIL, UH, YOU

1:44:00 KNOW, NINE YEARS AGO CPA SHOWED

1:44:01 UP WITH SOME REAL RESOURCES

1:44:03 THAT ALLOWED US TO MOVE INTO

1:44:04 REALLY BUILDING STATE OF THE

1:44:05 ART PARKS THAT WE REALLY

1:44:06 DESERVE WITH, YOU KNOW, SOLAR

1:44:08 PANELS THAT ALLOW FOR RAINWATER

1:44:11 CAPTURE AND PUMPING IRRIGATION

1:44:12 THROUGH THE PARKS ALL ALL THE

1:44:14 HARDSCAPE AND EVERYTHING THAT

1:44:15 MAKES THESE SPACES COME ALIVE.

1:44:16 AND SO THAT FUNDING HAS REALLY

1:44:19 EMPOWERED US AS COMMUNITY

1:44:20 MEMBERS, AS NEIGHBORS TO TAKE

1:44:22 CARE OF THESE SPACES AND TO

1:44:24 SHAPE THE DESTINY

1:44:24 OF DEVELOPMENT IN OUR

1:44:26 COMMUNITIES.

1:44:26 YOU KNOW, THIS WORK STARTED

1:44:27 WITH LOCAL LEADERS REALLY

1:44:29 TRYING TO BALANCE THE NEEDS

1:44:31 OF THEIR NEIGHBORHOODS AND

1:44:33 UNDERSTANDING THAT THERE IS AN

1:44:34 AFFORDABILITY CRISIS IN BOSTON

1:44:35 .

1:44:36 WE ABSOLUTELY NEED AFFORDABLE

1:44:37 HOUSING AND WE ALSO WANT THE

1:44:40 FULL QUALITY OF LIFE IN OUR

1:44:41 COMMUNITIES.

1:44:42 THIS IS NOT JUST A CONCRETE

1:44:43 JUNGLE AND PARKING LOT AND SO

1:44:45 WE NEED IT ALL AND I DON'T

1:44:47 THINK THESE THINGS NEED TO BE

1:44:48 PUT IN OPPOSITION TO EACH

1:44:50 OTHER.

1:44:50 ABSOLUTELY.

1:44:51 WE WANT TO UM, CONTINUE TO

1:44:52 BUILD PARKS AND OPEN SPACE IN

1:44:53 BOSTON.

1:44:54 THE NEXT 5 TO 10 YEARS ARE

1:44:57 CRITICAL FOR THAT.

1:44:58 UH, LAND IS GETTING GOBBLED UP.

1:45:00 IT IS SCARCE.

1:45:01 IF WE DON'T PUT IT NOW INTO

1:45:02 OPEN SPACE, IT WON'T BE HERE IN

1:45:04 5 TO 10 YEARS TO DO FOR FUTURE

1:45:06 GENERATIONS.

1:45:07 SO THIS THIS IS A CRITICAL

1:45:08 MOMENT THAT WILL AFFECT THE

1:45:09 CHARACTER OF THE CITY FOR

1:45:10 GENERATIONS TO COME.

1:45:11 AND WE'VE REALLY APPRECIATED

1:45:13 THE PARTNERSHIP WITH THE CITY

1:45:14 OF BOSTON.

1:45:15 IT'S BEEN A VERY STRONG

1:45:16 PARTNERSHIP THAT'S BEEN

1:45:17 ALLOWING THIS WORK TO HAPPEN.

1:45:18 AND WE HOPE THAT YOU CAN FIND

1:45:19 WAYS TO UH, YOU KNOW, FIND

1:45:21 AFFORDABLE HOUSING WITHOUT

1:45:22 CUTTING FUNDING TO OPEN SPACE.

1:45:23 THANK YOU.

1:45:25 IS THERE ANYONE HERE THAT

1:45:27 UM.

1:45:29 UM IF ANYONE'S HERE THAT.

1:45:30 WOULD LIKE TO TESTIFY AND NEEDS

1:45:33 TO SIGN UP?

1:45:35 FRANK, YOU LOOK YOU KNOW YOUR

1:45:37 NAME.

1:45:38 I THINK I'M JUST JOKING.

1:45:40 I SAID I'M YOU'RE LUCKY I KNOW

1:45:41 YOUR NAME.

1:45:42 HEIGHT.

1:45:43 YOU HAVE TWO MINUTES, FRANK.

1:45:45 YEAH.

1:45:45 UH, VERY QUICKLY.

1:45:46 FRANK O'BRIEN.

1:45:47 I LIVE IN ROSLINDALE.

1:45:49 UH, THESE COMMENTS ARE ON MY

1:45:50 OWN.

1:45:50 WE HAVE A FEW QUICK COMMENTS.

1:45:52 UH, AND CULTURE ROSE QUITE

1:45:56 RIGHT IN RAISING THIS ISSUE.

1:45:58 AND IF YOU LOOK AT THE

1:46:00 MUNICIPAL UH, RESEARCH BUREAUS

1:46:02 REPORT, THE CPA RECOMMENDATION

1:46:04 IS ONE OF MULTIPLE

1:46:06 RECOMMENDATIONS.

1:46:06 SO LOOKING AT IT

1:46:08 COMPREHENSIVELY IT WOULD MAKE

1:46:08 SENSE.

1:46:09 THE CPA IS REALLY THE PEOPLE'S

1:46:11 BUDGET.

1:46:12 UH SO JEAN DOES AN AMAZING HER

1:46:13 TEAM DOES MISS BROWN AND HER

1:46:15 TEAM DO AN AMAZING JOB

1:46:17 OF OUTREACHING TO THE COMMUNITY

1:46:18 AND HEARING FROM NEIGHBORS WHAT

1:46:20 THEY WOULD LIKE TO SEE IN THEIR

1:46:21 OWN COMMUNITY.

1:46:21 WE DON'T WANT TO LOSE THAT.

1:46:23 UM, THERE ARE OTHER SOURCES

1:46:25 OF FUNDING THAT WE SHOULD TAP

1:46:27 INTO COUNCIL LOUIJEUNE FOR

1:46:29 EXAMPLE AT ONE POINT RAISED THE

1:46:30 IDEA OF ARE WE MAXIMIZING THE

1:46:33 CITY'S BORROWING CAPACITY?

1:46:34 I DON'T KNOW IF THAT'S

1:46:35 SOMETHING THAT YOU STILL WANT

1:46:37 TO CARRY FORWARD, BUT WE SHOULD

1:46:39 LOOK AT THE TOTALITY OF OUR

1:46:40 OF OUR RESOURCES AND CERTAINLY

1:46:43 LASTLY FORGING EFFECTIVE

1:46:46 RELATIONSHIPS ON BEACON HILL IS

1:46:48 AN ABSOLUTE MUST.

1:46:49 AND SO WORKING TOGETHER WE CAN

1:46:52 REALLY SOLVE AND MAKE SOME REAL

1:46:53 PROGRESS AT A CHALLENGING TIME

1:46:55 FOR THE CITY IN THE COUNTRY.

1:46:56 THANK YOU.

1:46:57 THANK YOU FRANK OKAY THAT IS

1:47:01 ALL.

1:47:02 I'M NOW GOING TO MOVE.

1:47:03 FORWARD WITH THE NEXT PANEL.

1:47:09 UM THE.

1:47:10 NEXT PANEL WOULD BE.

1:47:11 ELDER BERNADINE.

1:47:14 THEN WE HAVE THREE OTHERS.

1:47:17 I HEAR DONALD, ALEXIS.

1:47:20 HILLARY HEIZER SHE'S RACHEL AND

1:47:22 STEVE PUFF.

1:47:22 TUCK, IF YOU COULD.

1:47:24 PLEASE UM, TAKE YOUR SEAT HERE

1:47:27 IN THE FRONT.

1:47:38 SO.

1:47:40 JUST OKAY.

1:47:42 THANK YOU.

1:47:43 AND TO IF THERE'S ANYONE FOR.

1:47:46 VIRTUAL PUBLIC TESTIMONY, UM, I

1:47:49 DO APOLOGIZE, BUT YOU WILL BE

1:47:51 WE WILL, UM, TAKE YOUR

1:47:53 TESTIMONY RIGHT AFTER THIS

1:47:54 PANEL CONCLUDES.

1:47:57 THEIR PRESENTATION.

1:48:33 PERFECT.

1:48:34 UM, DO WE HAVE A HILLARY

1:48:35 VIRTUALLY.

1:48:38 UM.

1:48:40 OKAY.

1:48:42 ALL RIGHT.

1:48:43 GENTLEMEN, IT'S GOOD TO SEE

1:48:44 YOU.

1:48:44 THANK YOU FOR BEING HERE.

1:48:46 UM, WHAT I WHERE WE'RE GOING TO

1:48:48 DO IS KIND OF HAVE YOU

1:48:49 INTRODUCE YOURSELVES, UM.

1:48:50 FOR YOUR NAME, WHAT

1:48:51 ORGANIZATION YOU'RE

1:48:52 REPRESENTING.

1:48:53 OR ANY.

1:48:53 CAPACITY THAT YOU MAY BE

1:48:54 HERE AND AND THEN UM, IF YOU

1:48:56 HAVE A PRESENTATION THAT YOU

1:48:58 LIKE TO GIVE OR ANY OPENING.

1:48:59 REMARKS.

1:49:00 YOU CAN THEN PROCEED TO DO

1:49:01 THAT AND THEN WE'LL DO A Q&A

1:49:03 WITH WITH MY COLLEAGUES.

1:49:04 THE SOUND GOOD?

1:49:05 SOUNDS GOOD.

1:49:06 PERFECT.

1:49:07 UM, DONALD.

1:49:09 I WOULD START WITH YOU, MATT.

1:49:15 HELLO.

1:49:16 GOOD AFTERNOON.

1:49:16 UM, MY NAME IS DONALD ALEXIS

1:49:19 AND UH, I WANT TO THANK

1:49:21 MR CHAIR PIPPIN AND AND CONSOLE

1:49:24 .

1:49:24 WELL.

1:49:25 AND, UM, AND THE MEMBERS

1:49:28 COMMITTEE FOR HAVING MEJIA

1:49:29 TODAY TO SPEAK BEFORE YOU.

1:49:31 SO MY NAME IS DONALD ALEXIS AND

1:49:33 I AM THE PRESIDENT OF CARIBBEAN

1:49:35 INTEGRATION COMMUNITY

1:49:36 DEVELOPMENT.

1:49:36 SO A SOCIAL JUSTICE, UH, HAS AN

1:49:41 ORGANIZATION BASED IN MATTAPAN

1:49:42 AND, UM.

1:49:46 AND I'M HONORED TO BE IN FRONT

1:49:47 OF YOU TODAY.

1:49:55 SORRY, RYAN.

1:49:57 OVERRIDING YOU FEEL LIKE I NEED

1:49:58 TO MANIFEST COUNCILOR HERE

1:50:01 BEING IN HER, UH, BEING IN HER

1:50:02 SEAT HERE.

1:50:03 UM, MY NAME IS STEVE PTAK.

1:50:05 I AM THE PRESIDENT OF THE

1:50:07 BOSTON MUNICIPAL RESEARCH

1:50:08 BUREAU.

1:50:09 I'M ALSO A RESIDENT OF, UH,

1:50:11 DISTRICT FIVE, WHICH I HAVE IN

1:50:13 COMMON WITH THE CHAIR.

1:50:14 UH, I'M GOING TO I'M

1:50:15 APPRECIATIVE OF THE COMMITTEE'S

1:50:17 INVITATION.

1:50:18 THANK YOU, THANK YOU.

1:50:20 YEAH.

1:50:21 HI.

1:50:21 GOOD MORNING.

1:50:22 UH, MY NAME IS.

1:50:23 ADLER BERNARD AND I AM.

1:50:24 UH, CO-OWNER OF NORFOLK.

1:50:26 DESIGN AND CONSTRUCTION.

1:50:27 UH, WE ARE A LAND DEVELOPMENT

1:50:29 FIRM AND.

1:50:29 UH.

1:50:30 CONSTRUCTION MANAGEMENT

1:50:30 FIRM.

1:50:31 WE DO A LOT OF.

1:50:32 WORK AND UH.

1:50:32 UH, BOSTON AREA PREDOMINANTLY

1:50:34 IN MATTAPAN, DORCHESTER,

1:50:36 ROXBURY, UM, BUILDING.

1:50:37 AFFORDABLE HOUSING.

1:50:38 UH, WE'VE BEEN WORKING VERY

1:50:40 CLOSELY WITH THE CITY.

1:50:41 IN TERMS OF BUILDING AFFORDABLE

1:50:42 HOUSING.

1:50:44 UM IT'S AT THE CORE OF OUR

1:50:45 MISSION, UM OF WHAT WE DO.

1:50:47 WE HAVE, UH, LONG PIPELINE

1:50:50 OF AFFORDABLE HOUSING PROJECTS

1:50:51 THAT ARE EITHER IN EITHER IN

1:50:54 CONSTRUCTION OR PRE-DEVELOPMENT

1:50:57 ,UM, READY FOR PRODUCTION.

1:50:59 AND WE'RE VERY FORTUNATE TO

1:51:01 HAVE RECEIVED FUNDING FROM THE

1:51:03 CPA UM.

1:51:04 PROGRAM BOTH FOR AFFORDABLE

1:51:06 HOUSING DEALS AS WELL AS UM

1:51:08 OPEN SPACE.

1:51:09 AND WE HAVE A GREAT PROJECT

1:51:11 THAT'S CURRENTLY UNDERWAY

1:51:12 THAT'S UTILIZING CPA FUNDING

1:51:14 FOR BOTH.

1:51:16 THAT'S GREAT.

1:51:18 THANK YOU.

1:51:19 UM IS THERE DO YOU HAVE A

1:51:21 PRESENTATION OR ANYTHING THAT

1:51:21 YOU WANT TO PROVIDE BEFORE WE

1:51:22 GO INTO Q&A?

1:51:24 YEAH I COULD I COULD.

1:51:26 PROVIDE ONE PERFECT.

1:51:27 UM AGAIN WE DO A LOT

1:51:28 OF AFFORDABLE HOUSING WITH THE

1:51:30 CITY OF BOSTON.

1:51:31 UM, CURRENTLY WE UM WE'VE

1:51:33 DELIVERED 27 AFFORDABLE HOUSING

1:51:35 HOMES.

1:51:36 UH, WE HAVE 57 UNITS

1:51:39 OF AFFORDABLE HOUSING THAT'S

1:51:40 CURRENTLY UNDER CONSTRUCTION.

1:51:42 UM, 75 UNITS THAT'S THAT'S IN

1:51:45 PRE-CONSTRUCTION SO ROUGHLY 160

1:51:48 UNITS THAT WE'RE GOING TO BE

1:51:50 DEVELOPING AND WE NEED FUNDING.

1:51:54 SO IT'S UH SO HAVING THIS

1:51:57 DISCUSSION ON THE CPA PROGRAM

1:51:59 IS UM IS VERY TIMELY IN UM AND

1:52:02 MEANS A LOT TO US WITH UM, WHAT

1:52:05 WE'RE CURRENTLY DOING UM, IN

1:52:08 THE CITY OF BOSTON.

1:52:09 UM, ONE OF THE PROJECTS THAT I

1:52:10 ALLUDED TO EARLIER THAT WE'RE

1:52:12 WORKING VERY CLOSELY WITH UH,

1:52:15 THE CPA PROGRAM IS UH 3036

1:52:18 MILLION HAVE UH UH WHICH

1:52:20 CONSISTS OF BUILDING SIX UNITS

1:52:22 OF AFFORDABLE HOUSING AS WELL

1:52:24 AS UM BUILDING UM UH COMMUNITY

1:52:28 GARDEN, UH, RIGHT THERE IN

1:52:30 MATTAPAN THAT'S GOING TO BE NOT

1:52:31 ONLY UH THAT'S GOING TO BE

1:52:33 SERVING SOME OF THE RESIDENTS

1:52:35 THAT ARE IN THE AREA BUT ALSO

1:52:36 THE THE UH.

1:52:38 THE MILDRED AVE K TO TO EIGHT

1:52:41 UM SCHOOL THAT IS RIGHT ACROSS

1:52:42 THE STREET FROM IT AND SO FAR

1:52:44 THAT PROJECT HAS BEEN GOING

1:52:45 GREAT AND WE'RE VERY

1:52:47 APPRECIATIVE OF UH THE CPA

1:52:49 FUNDING THAT WE RECEIVE FOR

1:52:50 THAT PROJECT.

1:52:51 UH, WITHOUT THOSE FUNDING THAT

1:52:53 PROJECT WOULD NOT HAVE BEEN

1:52:55 ABLE TO MOVE FORWARD.

1:52:56 UM, SO.

1:52:58 IN REGARDS TO.

1:53:00 BUILDING AFFORDABLE HOUSING IN

1:53:02 THE CURRENT CLIMATE THAT WE'RE

1:53:04 IN, UM, JUST SO YOU KNOW, JUST

1:53:08 FROM LAST YEAR ALONE, UH, THERE

1:53:11 HAS BEEN ROUGHLY 4% ESCALATION

1:53:14 IN THE CONSTRUCTION MARKET, UH

1:53:16 ,WHICH IS WHICH IS HIGH

1:53:18 TYPICALLY YOU SEE 2 TO 3%.

1:53:21 UM, SO THERE IS STARTING TO BE

1:53:23 A EVEN GREATER GAP IN TERMS

1:53:25 OF UH THE AFFORDABILITY TO

1:53:28 BUILD UM, PERIOD.

1:53:30 UM, AND WE'RE SEEING PRICING

1:53:32 FOR FOR HOMES ROUGHLY UH 292 UH

1:53:36 400 $400 A SQUARE FOOT FOR JUST

1:53:39 CONSTRUCTION COSTS.

1:53:41 UM AND AS FAR AS THE U.S COSTS

1:53:43 ,UH, OVERALL WE'RE SEEING 4.5%

1:53:47 YEAR OVER YEAR.

1:53:48 UH, WE'RE SEEING A LOT

1:53:50 OF ESCALATION ON LUMBER, ON

1:53:51 ALUMINUM, ON STEEL, UM,

1:53:54 CRITICAL ITEMS THAT UM WE WE

1:53:57 NEED TO UH, TO BUILD TO BUILD

1:53:59 AFFORDABLE HOUSING.

1:54:01 SO A SUBSIDY AWARD SIZE TWO

1:54:04 YEARS AGO NO LONGER CLOSE THE

1:54:05 GAP TODAY.

1:54:07 UH, APPROVED.

1:54:08 PROJECTS ARE ARRIVING AT A

1:54:10 CLOSING SHORTFALL.

1:54:12 UH, BASED ON THE AMOUNT

1:54:13 OF ESCALATION THAT WE'RE

1:54:14 EXPERIENCING IN THE MARKET.

1:54:16 UM, AND ON A ON A HUMAN LEVEL

1:54:21 AND FOR FAMILIES THAT ACTUALLY

1:54:23 NEED AFFORDABLE HOUSING, WE'RE

1:54:26 SEEING JUST BASED ON A STUDY

1:54:28 DONE BY THE BOSTON FOUNDATION,

1:54:31 ONLY 1 IN 7 GREATER BOSTON

1:54:33 RENTERS, UH, CAN'T AFFORD A

1:54:35 STARTER HOME IN THIS CLIMATE

1:54:38 RIGHT NOW.

1:54:39 UH, THE INCOME NEED ROSE FROM

1:54:40 ABOUT 98,000 TO 160,000 IN 2025

1:54:46 .

1:54:47 THAT'S A HUGE, HUGE JUMP IN

1:54:49 TERMS OF WHAT A FAMILY WOULD

1:54:51 NEED TO ACTUALLY BUY A STARTER

1:54:52 HOME.

1:54:54 UM, BOSTON PERMITS HAD UH WE'RE

1:54:58 SEEING ROUGHLY 430 UNITS UH

1:55:02 APPROVED IN Q1 OF 2026.

1:55:04 IT'S ON PACE TO THE SLOWEST

1:55:06 YEAR IN SINCE 2010.

1:55:10 SO THE ESCALATION EXPERIENCE IN

1:55:12 THE MARKET IS REALLY PLAYING A

1:55:13 HUGE FACTOR UH TO THAT.

1:55:18 SO WHAT'S WHAT'S MY ASK?

1:55:20 UM I'M I'M VERY FULL SUPPORT

1:55:24 OF UM INCREASING THE DOLLARS

1:55:26 THAT GO TOWARDS UM HOUSING AND

1:55:29 UH FOR AFFORDABLE HOUSING FROM

1:55:31 THE CPA FUND UH RAISING THE CPA

1:55:33 HOUSING GOAL FROM 50 TO TOWARDS

1:55:36 80% UH, STARTING WITH THE NEXT

1:55:39 ROUND, UH, DEDICATED A

1:55:41 MEANINGFUL SHARE TO AFFORDABLE

1:55:43 HOMEOWNERSHIP, UM, TO SUSTAIN

1:55:45 PROJECTS SIMILAR TO THE WELCOME

1:55:47 HOME BOSTON UH, WHICH HAS BEEN

1:55:49 VERY SUCCESSFUL UM AND

1:55:53 PROVIDING FAMILIES UM

1:55:55 OPPORTUNITIES TO AFFORD AFFORD

1:55:57 UH TO BUILD GENERATIONAL WEALTH

1:56:00 UM SIZE PER UNIT TOWARDS THE

1:56:02 CURRENT CONSTRUCTION COSTS.

1:56:03 AGAIN THERE'S A LOT

1:56:04 OF ESCALATION IN THE MARKET.

1:56:06 UM SO WE WE DEFINITELY NEED

1:56:08 SOME OF THE UH SUBSIDIES PER

1:56:11 UNIT THAT WE TYPICALLY USE IN

1:56:13 THE PAST.

1:56:14 IT IT DOESN'T REALLY UM,

1:56:17 COINCIDE WITH UM, WHAT THE

1:56:19 MARKET IS CURRENTLY

1:56:20 EXPERIENCING.

1:56:22 SO THANK YOU FOR YOUR TIME.

1:56:23 UM, I LOOK FORWARD TO UM, THE

1:56:25 CONVERSATION.

1:56:26 THANK YOU.

1:56:27 I ALSO WANT TO ACKNOWLEDGE.

1:56:29 THAT WE'VE BEEN JOINED BY

1:56:31 HILARY PIZER.

1:56:32 SHE'S UM VIRTUAL.

1:56:33 SO THANK.

1:56:34 YOU SO MUCH FOR JOINING US,

1:56:35 HILARY.

1:56:37 UM, OKAY.

1:56:39 DONALD.

1:56:39 YEAH.

1:56:40 SO, UM, LET ME JUST ADD A

1:56:42 FEW THINGS I THINK.

1:56:44 UM, I.

1:56:45 GOT ABOUT HALF DECENT

1:56:47 PRESENTATION.

1:56:47 LET ME JUST ADD A FEW THINGS

1:56:48 BASED ON WHAT UM, I JUST SAID I

1:56:51 THINK UM, ALSO I'M VERY IN

1:56:54 FAVOR OF INCREASING THE SHARE

1:56:58 OF OF AFFORDABLE HOUSING FOR

1:56:59 THE CITY BUT ALSO TO

1:57:01 ACKNOWLEDGE BOSTON, UM, IS A

1:57:05 CITY WITH A LOT OF RESOURCES

1:57:06 LIKE, YOU KNOW, AND.

1:57:08 AND I.

1:57:08 HATE THAT.

1:57:09 WE HAVE TO.

1:57:10 SPEND UH UM UH, OPEN SPACE

1:57:14 HISTORICAL UM AGAINST

1:57:16 AFFORDABLE HOUSING BECAUSE WE

1:57:17 NEED AN ECOSYSTEM WHERE

1:57:19 EVERYBODY CAN THRIVE AND THAT

1:57:20 INCLUDE HAVE NICE OPEN SPACE

1:57:22 AND HAVE UH UM HAVE UM SPACE

1:57:28 SPACES.

1:57:29 UM HOW DOES CHURCH OR OR UH OR

1:57:33 SPACE THAT SERVE THE COMMUNITY

1:57:35 ALSO WE NEED ALL OF THAT SO MY

1:57:38 HOUSE WOULD BE SO AS WE'RE

1:57:41 LOOKING AS WE'RE HAVING THAT

1:57:42 CONVERSATION IS A GREAT

1:57:43 CONVERSATION TO HAVE TODAY SO

1:57:44 THAT GIVE US UM SAY LISTEN CPI

1:57:48 BEEN IT'S BEEN GOING STRONG BUT

1:57:51 ALSO THERE'S SOME STUFF WE CAN.

1:57:53 CHANGE YOU KNOW AND I WOULD SAY

1:57:56 EMERGING DEVELOPER SHOULD BE

1:57:57 PART OF THE SOLUTION BECAUSE

1:57:59 WHEN UH UM YOU SEE THE

1:58:03 IMMEDIATE RESULT SO.

1:58:06 UM CARIBBEAN INTEGRATION HAS

1:58:08 BENEFITED FROM TWO OPEN SPACE

1:58:10 GRANTS UH IN MATT UP IN CODY

1:58:12 VILLAGE AND IN MARTIN STATION

1:58:14 YOU KNOW SO YOU HAVE UM YOU

1:58:17 HAVE A RIBBON CUTTING.

1:58:18 PEOPLE COME IN AND PEOPLE KNOW

1:58:19 EXACTLY THERE'S A SIGN THAT

1:58:20 SAYS CPA PEOPLE KNOW EXACTLY

1:58:23 THOSE WHO WILL BUILD BY CPA BUT

1:58:24 FOR AFFORDABLE HOUSING YOU KNOW

1:58:27 IT CAN TAKE FROM FROM THREE

1:58:29 YEARS TO FIVE YEARS BEFORE

1:58:30 THOSE UNITS BEEN BUILT.

1:58:33 SO YOU DON'T SEE THE DO WORK

1:58:35 IMPACT OF OF CPA DOLLARS INTO

1:58:38 HIRES INSIDE.

1:58:39 SO I THINK THAT'S WHY IF WE CAN

1:58:41 WORK MORE WITH EMERGING

1:58:43 DEVELOPERS SO THAT DOING UM

1:58:46 SMALLER HOUSING DEVELOPMENT

1:58:47 THOSE GET BUILT FASTER, YOU GET

1:58:49 TO SEE IT LIKE YOU KNOW THAT

1:58:50 CREATE A BETTER INCENTIVE TO TO

1:58:54 UH TO HAVE THAT CONVERSATION.

1:58:55 SO THAT WOULD BE MY TAKE ON IT.

1:58:57 SO BUT I DO UH I DO NOT FAVOR

1:58:59 UM.

1:59:00 A TO MOVE IT FROM 50% TO 60%

1:59:03 BUT ALSO HAVE MORE EMERGING

1:59:05 DEVELOPER AT THE TABLE TO GET

1:59:07 THOSE YOU NEED TO BUILD FASTER.

1:59:09 THANK YOU.

1:59:11 YEP.

1:59:11 JUST JUST.

1:59:12 YOU KNOW, VERY BRIEFLY.

1:59:13 UM.

1:59:14 YOU KNOW, I NOTE THAT THE

1:59:15 FRAME FOR THIS DISCUSSION IS

1:59:16 SORT OF THIS AWKWARD PICK THE

1:59:19 CHILD WHO LOVE BEST YET RIGHT

1:59:21 AND AND THAT THAT'S A TOUGH

1:59:22 SPACE TO BE IN.

1:59:24 UM HOWEVER THIS BODY MAKES

1:59:26 THOSE TYPES OF PRIORITIZATION

1:59:29 DECISIONS DIRECTLY OR

1:59:30 INDIRECTLY AT ALMOST EVERY

1:59:32 MEETING.

1:59:32 UH, SO SORT OF I KIND OF A I

1:59:35 REJECT THE NOTION THAT THAT WE

1:59:39 CAN'T MAKE A CHANGE HERE

1:59:41 BECAUSE IT'S TOO HARD I THINK

1:59:43 UM I WOULD YOU KNOW, I WOULD

1:59:45 URGE YOU KNOW, I WOULD URGE

1:59:46 THIS BODY TO THINK ABOUT WHAT

1:59:48 WHAT ARE WHAT ARE THE

1:59:49 PRIORITIES WHAT ARE THE MOST

1:59:50 IMPORTANT, UH, THINGS THAT WE

1:59:52 NEED TO DO AS A CITY, UH, TO

1:59:55 SERVE OUR COMMUNITY.

1:59:56 I'D ALSO NOTE THAT I THINK

1:59:57 THERE'S A COUPLE WAYS TO THINK

1:59:59 ABOUT THIS.

1:59:59 RIGHT.

1:59:59 UH, WE HEARD A LOT ABOUT THE

2:00:01 VOLUME OF APPLICATIONS FOR THE

2:00:02 THREE DIFFERENT CATEGORIES.

2:00:04 I WOULD ALSO SAY THE OTHER WAY

2:00:06 TO THINK ABOUT IT IS FROM YOUR

2:00:08 TIME IN THE COMMUNITY, WHAT IS

2:00:09 THE GREATEST NEED AND UM AND

2:00:11 DRAW YOUR OWN CONCLUSIONS THERE

2:00:13 .

2:00:14 I HAD JUST WANTED TO ADD A

2:00:15 LITTLE BIT MORE DATA.

2:00:16 UH, SEVERAL OF YOU HAVE BEEN

2:00:18 KIND ENOUGH TO CITE PREVIOUS

2:00:19 RESEARCH, UH, WHICH I'M YOU

2:00:21 KNOW, OBVIOUSLY GRATEFUL FOR

2:00:23 ONE, I WANT TO BE RESPONSIVE TO

2:00:25 COUNCILOR WARHOL'S QUESTION.

2:00:26 UM, PART OF THE REASON THERE

2:00:28 WAS SUCH A HIGH PERCENTAGE

2:00:29 OF SPENDING ON AFFORDABLE

2:00:30 HOUSING IN FY 20 WAS THAT THERE

2:00:32 WAS A RELATIVELY LOW LEVEL

2:00:34 OF OVERALL SPENDING FROM THE

2:00:35 CPA.

2:00:36 I'M I'M I'M STILL I'M NOT I

2:00:39 CAN'T OFF THE TOP OF THE HEAD

2:00:40 TELL YOU WHY BUT IN THAT CASE

2:00:43 THE DENOMINATOR SHRANK THE

2:00:45 NUMERATOR THE AMOUNT SPEND ON

2:00:47 AFFORDABLE HOUSING WAS ROUGHLY

2:00:48 CONSISTENT WITH THE YEARS THAT

2:00:49 FOLLOWED.

2:00:50 SO I DON'T KNOW THAT IT'S

2:00:51 REFLECTIVE OF A POLICY DECISION

2:00:53 IN THAT PARTICULAR YEAR.

2:00:55 I THINK THERE'S SOMETHING

2:00:55 ANOMALOUS HAPPENING.

2:00:57 UM, JUST TO CLOSE WITH A LITTLE

2:00:59 BIT OF DATA.

2:01:00 UM, OVERALL THE CITY OVER THE

2:01:02 LAST EIGHT YEARS UH HAS SPENT

2:01:06 51.4% OF ITS COMMUNITY

2:01:08 PRESERVATION ACT FUNDS ON

2:01:09 AFFORDABLE HOUSING.

2:01:11 UH, THAT'S THROUGH 2025.

2:01:14 UM, 51.4% IS OBVIOUSLY BELOW

2:01:17 THE POTENTIAL MAXIMUM OF 80%,

2:01:19 WHICH IS WHAT CAMBRIDGE SPENDS.

2:01:22 UM AND HAD BOSTON CHOOSE CHOSEN

2:01:24 TO SPEND AT THAT 80% LEVEL,

2:01:26 THAT WOULD HAVE RESULTED IN

2:01:28 ADDITIONAL $65.8 MILLION UM,

2:01:32 GOING TOWARDS AFFORDABLE

2:01:34 HOUSING WHICH IS ROUGHLY A 56%

2:01:35 INCREASE OVER WHAT WAS ACTUALLY

2:01:38 SPENT.

2:01:38 SO I DO ENCOURAGE YOU TO THINK

2:01:41 UH, THINK THIS ISSUE THROUGH

2:01:44 CAREFULLY AND UNDERSTAND THAT

2:01:45 THERE ARE SIGNIFICANT, UH,

2:01:48 SIGNIFICANT POTENTIAL IMPACTS

2:01:50 OF CHANGING THAT FUNDING

2:01:51 ALLOCATION.

2:01:52 SO THANK YOU CHAIR.

2:01:52 THANK YOU.

2:01:56 UH UM.

2:01:59 HILLARY NOW CAN YOU HEAR IT CAN

2:02:01 YOU HEAR ME?

2:02:01 PERFECT.

2:02:02 WOULD YOU.

2:02:03 LIKE TO HAVE THE OPPORTUNITY

2:02:03 TO.

2:02:04 INTRODUCE YOURSELF AND IN

2:02:05 PROVIDING THE.

2:02:06 OPENING REMARKS?

2:02:07 SURE.

2:02:08 THANK YOU SO MUCH AND I

2:02:09 APPRECIATE YOUR FLEXIBILITY.

2:02:10 I HAD SOME FAMILY ISSUES COME

2:02:12 UP AT THE LAST MOMENT SO I

2:02:14 APPRECIATE THE THE VIDEO LINK.

2:02:16 UM, MANY OF YOU KNOW I AM THE

2:02:19 DIRECTOR OF ORGANIZING AND

2:02:20 POLICY AT MAHA, THE MASS

2:02:22 AFFORDABLE HOMEOWNERSHIP

2:02:23 ALLIANCE IN DORCHESTER.

2:02:26 UM AND WE SERVE ABOUT 3,001ST

2:02:29 TIME HOMEBUYERS AND HOMEOWNERS

2:02:33 EVERY SINGLE YEAR.

2:02:35 UM, 80% OF THEM ARE BELOW 80%

2:02:39 AM I AND THAT AM I AS WE KNOW

2:02:42 IS MUCH BROADER THAN BOSTON.

2:02:44 BUT EVEN WITHIN BOSTON I WOULD

2:02:47 SAY THAT IT'S IMPORTANT TO

2:02:49 REMEMBER THAT THE BLACK AND

2:02:50 LATINO UH, MEDIAN INCOME IS

2:02:53 ABOUT HALF A LITTLE BIT LESS

2:02:56 THAN HALF ACTUALLY OF UH MEDIAN

2:02:58 INCOME FOR WHITE HOUSEHOLDS.

2:03:00 SO WHEN WE LOOK AT HOW ARE WE

2:03:02 GOING TO SHRINK THE HUGE

2:03:05 HOMEOWNERSHIP AND WEALTH GAPS

2:03:06 IN THE CITY AND ACROSS THE

2:03:08 STATE, HOMEOWNERSHIP AND ACCESS

2:03:10 TO HOMEOWNERSHIP IS ONE OF THE

2:03:12 MOST IMPORTANT VEHICLES FOR

2:03:14 DOING THAT.

2:03:16 UM, WE ARE REALLY APPRECIATIVE

2:03:18 OF THE CPC AND THE CITY

2:03:20 COUNCIL'S SUPPORT OF THE ONE

2:03:22 PLUS BOSTON MORTGAGE PROGRAM.

2:03:24 UM, AS THEY DEAN BROWN SAID IT

2:03:29 HAS BEEN A TRANSFORMATIONAL

2:03:31 PROGRAM.

2:03:32 UM, I'M ALSO BY THE WAY, UH,

2:03:34 FAN OF THANKING BROWN A MEMBER

2:03:37 OF HER OF HER FAN CLUB.

2:03:39 UM, WHAT I WOULD LIKE TO ALSO

2:03:42 MAKE SURE THAT, UM, WE'RE LEVEL

2:03:45 SETTING HERE ON IS THAT THE ONE

2:03:46 PLUS BOSTON PROGRAM HAS ALREADY

2:03:48 BEEN CUT BACK DUE TO A SCARCITY

2:03:51 OF FUNDS.

2:03:52 UM, PARTICULARLY UH, THERE ARE

2:03:56 TWO AREAS.

2:03:57 ONE IS THAT IT?

2:03:59 IT USED TO PROVIDE A TWO

2:04:01 PERCENTAGE POINT INTEREST RATE

2:04:02 DISCOUNT FOR HOMEBUYERS LESS

2:04:05 WHOSE HOUSEHOLD INCOME WAS LESS

2:04:07 THAN 80% A MEDIAN THAT IS NOW A

2:04:10 1% DISCOUNT, UM, ON A $400,000

2:04:14 HOUSE WHICH IS KIND OF LIKE A

2:04:16 MIDDLE FINGER BETWEEN SOME

2:04:17 OF THE AFFORDABLE AND THE

2:04:19 MARKET RATE.

2:04:21 IT TRANSLATES INTO ABOUT $245 A

2:04:24 MONTH IN ADDITIONAL COST.

2:04:26 UH, FOR THOSE BUYERS UNDER

2:04:29 8,080% UM WHEN ONE PLUS BOSTON

2:04:31 WAS ORIGINALLY UH CONTEMPLATED

2:04:35 AND IT WAS A REALLY GREAT UM,

2:04:38 YOU KNOW, INTERDISCIPLINARY

2:04:40 GROUP THAT WAS TRYING TO FIGURE

2:04:41 OUT WHAT IS THE BEST, MOST

2:04:43 EFFICIENT WAY TO GET PEOPLE

2:04:44 INTO HOMES.

2:04:46 UM, WE WERE THINKING OF HOW DO

2:04:48 WE GET IT TO SO THAT PEOPLE CAN

2:04:50 USE THIS PRODUCT TO ACCESS THE

2:04:52 PRIVATE HOMEOWNERSHIP MARKET?

2:04:55 NOW THE MAJORITY OF PEOPLE WHO

2:04:57 USE ONE PLUS BOSTON IN BOSTON,

2:05:01 UM ARE ACTUALLY BUYING

2:05:03 AFFORDABLE UNITS.

2:05:04 UM, SO WHAT IT DOES IS TO UH

2:05:07 COUNCILOR MORALES AND

2:05:08 COUNCILOR LOUISIANA'S POINT IT

2:05:11 OPENS UP SOME OF OUR AFFORDABLE

2:05:13 HOUSING TO PEOPLE WHO ARE LOWER

2:05:16 THAN THE ACTUAL INCOME LIMIT.

2:05:19 AND AGAIN, THAT'S CRUCIAL IF

2:05:21 YOU'RE TRYING TO SHRINK THE

2:05:22 RACIAL HOMEOWNERSHIP GAP AND

2:05:24 YOU REALIZE THAT THOSE MEDIAN

2:05:25 COMES ARE DIFFERENT.

2:05:27 UM, SO WE WOULD LOVE TO SEE

2:05:30 THAT FULL ONE PLUS BOSTON

2:05:32 PROGRAM RESTORED UNDERSTANDING

2:05:34 THAT THERE IS A CRUNCH THERE

2:05:36 THE OTHER TWO UH CATEGORIES

2:05:39 THAT HAVE BEEN SHRUNK AND ONE

2:05:40 PLUS BOSTON USED TO BE IF YOU

2:05:42 WERE RECENTLY DISPLACED FROM

2:05:44 BOSTON.

2:05:45 SO IF YOU COULDN'T AFFORD TO

2:05:46 RENT THERE ANYMORE AND YOU WENT

2:05:48 DOWN TO THE SOUTH COAST TO

2:05:50 RENT, YOU COULD USE ONE PLUS

2:05:52 BOSTON TO COME BACK TO THE

2:05:53 CITY.

2:05:54 THAT'S NO LONGER THE CASE.

2:05:56 UM, IF YOU WERE SAY LIVING IN

2:05:59 BROCKTON OR ATTLEBORO AND

2:06:00 WORKING IN THE CITY, YOU USED

2:06:01 TO BE ABLE TO USE THE PROGRAM

2:06:03 NOW YOU CAN'T UM, SO YOU KNOW,

2:06:08 WE KNOW THAT THERE'S A MASSIVE

2:06:10 SHORTAGE OF FUNDS FOR

2:06:11 AFFORDABLE HOMEOWNERSHIP.

2:06:12 OH, ONE PLUS BOSTON PROGRAM AND

2:06:14 PRODUCTION.

2:06:16 UM, WHAT I'M NOT AN EXPERT IN

2:06:17 IS THE NEEDS RELATED TO GREEN

2:06:19 SPACE AND HISTORIC PRESERVATION

2:06:21 .

2:06:22 UM, I CAN ONLY TELL YOU THAT WE

2:06:24 NEED MORE MONEY FOR HOUSING AND

2:06:26 IN PARTICULAR FOR

2:06:28 HOMEOWNERSHIP.

2:06:29 UM, BUT I THINK THERE'S A

2:06:30 NUMBER OF THINGS THAT WE CAN

2:06:31 WORK ON TOGETHER.

2:06:33 ONE IS LEGISLATION IS GOING TO

2:06:35 BE FILED THE NEW LEGISLATURE TO

2:06:37 INCREASE THE STATE CPA MATCH

2:06:40 GENTLEMAN FROM UH DORCHESTER

2:06:42 AND PEABODY.

2:06:43 SQUARE CLOCK FAME UH MENTIONED

2:06:45 THAT I THINK WE SHOULD ALL BE

2:06:47 WORKING ON IT USED TO BE A 100%

2:06:49 MATCH AND THE MORE COMMUNITIES

2:06:50 HAVE COME IN THE LESS THE MATCH

2:06:51 HAS BEEN AS A PERCENTAGE.

2:06:54 UM, I DON'T WANT US TO GIVE UP

2:06:55 ON THE REAL ESTATE TRANSFER

2:06:57 FEE.

2:06:57 UM, THAT WOULD GO A HUGE WAY

2:07:01 AND WE DON'T HAVE UNANIMITY ON

2:07:03 THE BOSTON DELEGATION AROUND

2:07:04 THAT UM, AND EVEN ON THE

2:07:07 COUNCIL.

2:07:08 SO AGAIN, I THINK THAT IS

2:07:11 REALLY, REALLY PROGRESSIVE FORM

2:07:13 OF REVENUE.

2:07:14 IT APPLIES ONLY TO

2:07:15 MULTI-MILLION DOLLAR PROPERTIES

2:07:16 BEING TRANSFERRED AND I THINK

2:07:18 WE CAN BE CREATIVE SO THAT WE

2:07:21 ARE NOT UNDERCUTTING NEW

2:07:23 HOUSING DEVELOPMENT AS WE'RE

2:07:24 TRYING TO MAKE IT MORE

2:07:26 AFFORDABLE.

2:07:27 UM WE'RE ALSO SEEING PROPERTY

2:07:29 TAX RELIEF FOR SENIORS, YOU

2:07:31 KNOW THAT WAS ATTACHED TO THAT

2:07:33 HOME RULE PETITION.

2:07:34 WE NEED TO GET THAT THROUGH

2:07:36 BECAUSE WE DON'T WANT TO BE

2:07:37 LOSING HOMEOWNERS AT THE BACK

2:07:38 END WHILE WE'RE CREATING NEW

2:07:40 ONES.

2:07:41 UM, AND WE NEED A MORE BALANCED

2:07:43 .

2:07:44 STATE POLICY.

2:07:46 WE HAVE A HUGE AMOUNT

2:07:48 OF CAPITAL FUNDING FOR.

2:07:49 HOUSING AND WE HAVE A $1.2

2:07:53 BILLION OPERATING BUDGET FOR

2:07:54 HOUSING CAPITAL SIDE.

2:07:56 WE'RE SPENDING 4 TO 5% FOR

2:07:59 HOMEOWNERSHIP.

2:08:01 ON THE OPERATING SIDE, WE'RE

2:08:02 SPENDING 0.04% FOR

2:08:05 HOMEOWNERSHIP NOT EVEN A 10TH

2:08:07 OF A PERCENT.

2:08:08 SO I THINK THERE'S ROOM TO GROW

2:08:10 THAT AND WE NEED TO BE

2:08:11 ADVOCATING WITH SECRETARY

2:08:12 MATTIS, THE GOVERNOR AND

2:08:14 LIEUTENANT GOVERNOR.

2:08:15 THE LAST THING I WILL SAY IS

2:08:17 THAT WHEN WE'RE FUNDING

2:08:19 INVESTMENTS TO BETTER THE

2:08:20 QUALITY OF LIFE FOR BOSTON

2:08:22 RESIDENTS, THAT COULD BE IN THE

2:08:24 FORM OF NEW PARKS AND

2:08:25 PLAYGROUNDS, IMPROVED TRANSIT

2:08:27 OR OTHER AMENITIES.

2:08:28 WE NEED TO MATCH THAT WITH A

2:08:30 ROBUST AFFORDABLE HOUSING

2:08:31 STRATEGY BECAUSE WITHOUT THAT

2:08:33 THE NEW NEIGHBORHOOD AMENITIES

2:08:35 ARE GOING TO ATTRACT HIGHER

2:08:37 INCOME PEOPLE AND POSSIBLY

2:08:40 INCREASED PROPERTY VALUES WHICH

2:08:41 INCREASE PROPERTY TAXES.

2:08:44 SO WE WILL HAVE THESE NEW

2:08:46 AMENITIES BUT THEY WON'T BE FOR

2:08:48 THE PEOPLE THAT WERE IMAGINING

2:08:49 THEM USING THOSE AMENITIES.

2:08:51 NOW THOUGH, OUR NEIGHBORHOODS

2:08:53 WILL BE MORE BEAUTIFUL AND

2:08:55 ACCESSIBLE BUT MOST OF THE

2:08:57 PEOPLE THAT MY HEART WORKS WITH

2:08:58 WON'T BE HERE TO ENJOY THE

2:09:00 IMPROVEMENTS.

2:09:01 SO WE NEED ANCHOR PEOPLE AND

2:09:03 FAMILIES AND HOMEOWNERSHIP IS

2:09:05 UNIQUELY EFFECTIVE IN PROMOTING

2:09:08 LONG TERM STABILITY, ENABLING

2:09:11 FAMILIES TO BUILD A NEST HOME

2:09:14 IN BOSTON.

2:09:15 UM SO WE NEED TO THINK ABOUT IT

2:09:17 AS A HOLISTIC PIECE OTHERWISE

2:09:20 AGAIN WE GET THE DISPLACEMENT

2:09:22 AND WE GET A DIFFERENT CITY.

2:09:24 UM SO THANK YOU AGAIN I REALLY

2:09:26 APPRECIATE BEING ABLE TO SHARE

2:09:28 THESE UM, OBSERVATIONS FROM OUR

2:09:31 LITTLE POINT OF VIEW.

2:09:33 UM, AND WE REALLY LOOK FORWARD

2:09:35 TO RESTORING THE FULL ONE PLUS

2:09:36 BOSTON PROGRAM AND REALLY UM,

2:09:39 MAKING SURE THAT AS ARPA ENDS

2:09:42 AND THAT'S WHERE MOST OF THE

2:09:44 AFFORDABLE UNITS HAVE COME FROM

2:09:45 THAT ARE HOMEOWNERSHIP, THAT WE

2:09:48 HAVE A ROBUST CITY POLICY AND

2:09:50 THAT WE ARE ALL WORKING

2:09:52 TOGETHER ON STATE POLICY.

2:09:54 THANK YOU SO MUCH.

2:09:57 THANK YOU HILLARY.

2:09:58 OKAY.

2:09:59 NOW I'M GOING TO.

2:10:01 UM DIVE.

2:10:02 INTO THE Q&A PORTION.

2:10:03 AND I'M.

2:10:03 GOING TO START WITH.

2:10:04 COUNCILOR EARL.

2:10:05 AND THEN.

2:10:06 COUNCILOR FLYNN LOUIJEUNE AND

2:10:07 MYSELF COUNCILOR ALL YOU HAVE

2:10:09 SEVEN MINUTES.

2:10:10 THANK YOU CHAIR.

2:10:11 AND THANK YOU UH TO THE

2:10:12 PANELISTS THAT HERE HAD THE

2:10:14 PLEASURE OF WORKING WITH

2:10:15 EVERYONE ON THE PANEL UM AND

2:10:17 HAVE UM, CONVERSATIONS AROUND A

2:10:19 VARIETY OF THINGS.

2:10:20 FIRST I JUST WANT TO UM, UM,

2:10:26 STATE WHAT I WHAT IS ONLINE

2:10:29 AROUND THE CURRENT UH UM UH,

2:10:32 POLICY IS.

2:10:33 AROUND CPA SO THERE'S 50% UM TO

2:10:37 HOUSING, 20% OPEN SPACE AND

2:10:39 THEN ANOTHER 20% TO UH HISTORIC

2:10:42 PRESERVATION.

2:10:43 BUT THERE IS A 10% FLEXIBLE

2:10:46 ALLOCATION, UM, THAT UM IS

2:10:50 THERE TO BE ALLOCATED BASED OFF

2:10:54 OF WHERE THE THE BOARD SEES THE

2:10:55 NEED.

2:10:56 SO THERE IS A 10% FLEXIBLE

2:10:59 ALLOCATION.

2:10:59 AND AGAIN MY ADVOCACY IS LIKE

2:11:02 WHEN DO WE UH OR HOW DO WE

2:11:04 THINK ABOUT HOW WE USE THAT 10%

2:11:07 OR EVEN HOW DO WE THINK ABOUT

2:11:09 WHEN DO WE BE WHEN DO WE AS A

2:11:11 BOARD OR A CITY UM DECIDE WHEN

2:11:14 WE'RE FLEXIBLE ON THE CURRENT

2:11:16 ALLOCATION.

2:11:17 BUT YOU KNOW, WE.

2:11:19 COULD TAKE A LOOK AT JUST

2:11:20 THIS 10% FLEXIBLE ALLOCATION OR

2:11:21 THINK ABOUT HOW WE DISTRIBUTE

2:11:23 THE ALREADY PERMANENT

2:11:25 ALLOCATIONS TO 50 AND 20.

2:11:27 SO JUST JUST SOME THOUGHT THERE

2:11:28 .

2:11:28 BUT THE OTHER THING THAT I

2:11:31 THOUGHT ABOUT I THINK IT WAS

2:11:32 LAST WEEK OR THE WEEK BEFORE WE

2:11:34 WAS OVER AT MORTON STREET

2:11:36 CELEBRATING UH THE SERENITY

2:11:37 GARDEN.

2:11:38 RIGHT.

2:11:39 UM SO OPEN.

2:11:39 SPACE UM AND AFFORDABLE HOUSING

2:11:43 IS NOT IS UH TWO THINGS THAT

2:11:44 CAN HAPPEN AT THE SAME TIME.

2:11:46 A LOT OF OUR DEVELOPERS.

2:11:48 CREATE OPEN SPACES WHEN THEY

2:11:49 CREATE AFFORDABLE HOUSING.

2:11:51 ANOTHER EXAMPLE OF THAT IS THE

2:11:54 WORK AROUND WHAT'S THE

2:11:56 WASHINGTON WHERE TRAVIS LEE, A

2:11:58 DEVELOPER, WAS ABLE TO DONATE

2:11:59 THE LAND ON NORWELL STREET TO

2:12:01 CREATE A NEW PARK ON UH,

2:12:04 WASHINGTON STREET FOR THE

2:12:05 NEIGHBORHOOD.

2:12:06 SO YOU DO HAVE THIS UM UM YOU

2:12:11 DO HAVE AFFORDABLE HOUSING, UH,

2:12:14 HELPING CREATE UH, SPREADING

2:12:16 THE GARDENS, OPEN SPACE AND

2:12:18 PARKS IN OUR NEIGHBORHOODS AS

2:12:20 WELL.

2:12:20 UM, AND ALSO WHEN WE LOOK AT IN

2:12:24 THE CITIES TELLING US WE'RE IN

2:12:25 A UM A FINANCIAL CRUNCH, YOU

2:12:27 KNOW, ONE OF THE THINGS THAT WE

2:12:28 DEPEND ON, UH, WHEN IT COMES TO

2:12:31 GENERATING REVENUE IS THE

2:12:32 CREATION IS PROPERTY TAX.

2:12:34 SO IT'S THE CREATION OF HOUSING

2:12:36 THAT WOULD THEN GIVE US THE

2:12:37 ABILITY TO FUND MORE OF PARKS.

2:12:42 RIGHT.

2:12:42 UH, TO GIVE MORE GRANTS UH, TO

2:12:45 OTHER UH, CATEGORIES THAT WE'RE

2:12:47 LOOKING TO FUND.

2:12:49 SO I GUESS ONE OF MY QUESTIONS

2:12:50 I ASK A QUESTION NOW.

2:12:53 IS WHEN.

2:12:53 IT COMES TO COST OF HOUSING AND

2:12:57 THE CREATION OF HOUSING OR AS

2:12:59 HOUSING AND I GUESS SALARY FOR

2:13:01 YOU AND THE COST OF HOUSING HAS

2:13:04 INCREASED.

2:13:04 UH, HOW HAS FUNDS TOWARDS

2:13:09 SUBSIDIZING OR TOWARDS PROGRAMS

2:13:11 LIKE DOWN PAYMENT ASSISTANCE?

2:13:13 UH THOSE STAYING WITHIN THE

2:13:15 SAINT ARE THEY INCREASING THE

2:13:18 SAME AMOUNT AS THE COST OR THE

2:13:20 COST OF PURCHASING A HOME?

2:13:23 SO THE.

2:13:24 SUBSIDIES THAT YOU'RE

2:13:24 RECEIVING HAVE THEY INCREASE

2:13:26 THE SAME AMOUNT OVER THE YEARS

2:13:30 AS UM THE COST THAT IT TAKES TO

2:13:33 CONSTRUCT UH, A NEW HOME OR TO

2:13:35 PURCHASE A HOME?

2:13:36 IN HILLARY'S CASE.

2:13:37 I WOULD SAY NO NOT NECESSARILY

2:13:41 UH, FROM JUST FROM MY

2:13:42 EXPERIENCE WORKING WITH, UH,

2:13:43 THE MAYOR'S OFFICE OF HOUSING

2:13:44 AT THE TIME IT SEEMS LIKE IT'S

2:13:46 BEEN SOMEWHAT STATIC IN TERMS

2:13:49 OF THE SUBSIDIES PER UNIT.

2:13:52 UM, AS COST ESCALATION HAS

2:13:54 CONTINUED TO INCREASE.

2:13:55 UM, SO AS DEVELOPERS AND

2:13:58 CONTRACTORS WE HAVE TO THINK

2:13:59 VERY CREATIVELY IN TERMS

2:14:03 OF FITTING INTO THAT BOX

2:14:04 OF COST PER UNIT.

2:14:06 UH, WHAT WE WHAT I MEAN BY

2:14:08 THAT, UH, WHEN WE'RE DOING OUR

2:14:10 IF I'M DOING A PROFORMA I'M

2:14:12 LOOKING AT OKAY, HOW MANY UNITS

2:14:14 COULD I FIT INTO THAT UM,

2:14:16 OVERALL DEVELOPMENT TO MAKE

2:14:18 SURE THAT, UH, THE SUBSIDIES

2:14:19 THAT THE CITY IS PROVIDING, UM

2:14:21 ,WILL BE ENOUGH TO ACTUALLY

2:14:24 FUND THAT PROJECT.

2:14:26 UM, IN SOME CASES WHERE THE LOT

2:14:28 SIZE IS UM, THERE'S CONSTRAINTS

2:14:30 WHERE THERE'S ONLY SO MANY

2:14:31 UNITS YOU CAN BUILD.

2:14:33 UM, OBVIOUSLY THAT DEVELOPMENT

2:14:34 WILL NOT CANCEL OUT UM I THINK

2:14:38 IT BECOMES IT BECOMES EVEN MORE

2:14:40 DIFFICULT NOW WHERE UM THE CITY

2:14:43 AND THE STATE USED TO WORK VERY

2:14:45 CLOSELY IN TERMS OF WE'RE

2:14:47 GETTING SUBSIDIES UH, THAT

2:14:49 THEY'RE ALLOCATING FROM UH, THE

2:14:51 CPA AND THE STATE IS USING

2:14:53 COMMONWEALTH BUILDER FUNDS NOW

2:14:55 THAT COMMONWEALTH BUILDER FUNDS

2:14:56 HAVE DRIED UP, UM, OBVIOUSLY

2:14:58 IT'S GOING TO GET EVEN MORE

2:14:59 DIFFICULT TO LOOK AT.

2:15:01 HOW DO YOU MAKE SURE, UH, SOME

2:15:03 OF THESE AFFORDABLE HOUSING

2:15:04 DEALS PENCIL OUT.

2:15:08 YEAH.

2:15:08 UM, UM I THINK IDLER IS

2:15:12 DEFINITELY CORRECT.

2:15:13 SO WHEN UH UM SO ONE OF A

2:15:16 PROJECT WE JUST WANT TO THE

2:15:17 CITY AND THE STATE SO THEY ARE

2:15:19 COP OUT HOW MUCH CAN YOU US AND

2:15:21 OUR SUBSIDIES AND.

2:15:24 UM EVEN IF YOU COMPARE LIKE

2:15:25 THREE YEARS AGO THE NUMBER

2:15:27 OF SUBSIDIES YOU HAD AVAILABLE

2:15:28 WHEN YOU WALK IN AND YOU

2:15:30 PERFORM IN TODAY IT'S IT'S IT'S

2:15:32 IT'S GOING DOWN AND AND

2:15:35 OBVIOUSLY CONSTRUCTION COSTS

2:15:36 LAND COSTS YOU KNOW AND AND THE

2:15:38 BIG THING.

2:15:40 UM UM IS ONLY YOU KNOW WHEN YOU

2:15:43 GET A LAND THAT'S NOT A FULL

2:15:44 OF YET WHEN YOU GO INTO IT WHAT

2:15:46 THE BOARD WOULD LIKE TO SEE IN

2:15:48 THE NEIGHBORHOOD, YOU KNOW AND

2:15:49 WHAT CAN YOU.

2:15:51 UH.

2:15:51 BUILD THAT FEASIBLE THAT'S A

2:15:53 DIFFERENT CONVERSATION.

2:15:54 SO I THINK WE HAVE UM I THINK

2:15:55 DEVELOPER HAS A LOT

2:15:57 OF CHALLENGES AND I WOULD EVEN

2:15:58 GO FURTHER SAY SMALL DEVELOPERS

2:16:02 FACING THE BRUNT OF IT BECAUSE

2:16:03 THEY HAVE.

2:16:05 UH UM.

2:16:06 YOU KNOW, THEY DON'T HAVE

2:16:07 UNLIMITED CREDIT ON.

2:16:08 UM AND THEY DON'T HAVE CAPACITY

2:16:10 TO TO UH TO WAGE EQUITY.

2:16:13 SO A LOT OF TIME THEY DEPEND ON

2:16:15 ON PUBLIC SUBSIDIES TO MAKE

2:16:16 GOOD FOR THEM.

2:16:18 SO THOSE OR DRYING OUT OR UM

2:16:20 THAT'S A THAT'S ONE OF THE

2:16:22 REASON UM I WHOLEHEARTEDLY IN

2:16:23 FAVOR OF INCREASING CPA BECAUSE

2:16:25 I THINK A PORTION OF IT SHOULD

2:16:27 DO UH SHOULD BE LOOKING AT UH,

2:16:31 DEALS THAT'S EMERGING

2:16:33 DEVELOPERS WORKING ON TO HAVE

2:16:35 THOSE BECAUSE IF THAT DOESN'T

2:16:37 HAPPEN TODAY YOU HAVE A GROUP

2:16:38 OF SMALL DEVELOPMENT WILL BE

2:16:41 THAT WON'T BE ABLE TO CLOSE IT

2:16:42 THAT WON'T BE ABLE TO DO IT

2:16:43 BECAUSE ACTION WON'T BE FOR THE

2:16:44 NEXT FEW YEARS AND THOSE FOLKS

2:16:46 WILL GET OUT OF BUSINESS.

2:16:47 SO I THINK WE HAVE TO BE A

2:16:49 LITTLE BIT INTENTIONAL ABOUT UH

2:16:51 ,HELP SUPPORT THE WHOLE BOSTON

2:16:55 DEVELOPMENT ECOSYSTEM.

2:16:55 SO.

2:16:59 HILLARY, DO YOU WANT TO RESPOND

2:17:01 .

2:17:02 OR I WOULD JUST SAY THAT YOU

2:17:04 ASKED ALSO ABOUT THE DOWN

2:17:06 PAYMENT SIDE AND THAT HAS ALSO

2:17:09 CONTRACTED WITH THE ELIMINATION

2:17:12 OF ARPA FUNDS OR THE UM, YOU

2:17:14 KNOW, THE END OF ARPA FUNDS AND

2:17:17 I TOTALLY AGREE THAT THE CITY

2:17:20 UM, WORKED REALLY HARD TO HELP

2:17:22 NEW DEVELOPERS GET INTO THE

2:17:24 BUSINESS AND BUILD SOME OF THE

2:17:26 HOMES IN OUR NEIGHBORHOODS.

2:17:27 AND SO WE DON'T WANT TO LOSE

2:17:29 THAT INFRASTRUCTURE IN THE

2:17:31 PROCESS HERE.

2:17:32 UH, AND THEN ONE LAST QUESTION.

2:17:35 UM, STEVE, UM, YOU MENTIONED IN

2:17:38 YOUR REPORT AROUND UH,

2:17:40 INCLUSIONARY ZONING AND LINKAGE

2:17:42 UH, BUT THEN ALSO STATED TALKED

2:17:44 .

2:17:44 ABOUT THE CITY SHOULD.

2:17:45 CONSIDER ALTERNATE FUNDING

2:17:46 SOURCES AND THE IMPORTANCE

2:17:47 OF PRIVATE HOUSING PRODUCTION

2:17:48 DURING TIMES OF SLOW START.

2:17:50 CAN YOU JUST YOU KNOW, SHARE

2:17:52 FOR THE RECORD.

2:17:53 AND FOR THE PUBLIC.

2:17:54 UM, WHY YOU BELIEVE.

2:17:57 THAT'S IMPORTANT?

2:17:58 AND THEN ALSO.

2:17:59 UH, YOUR THOUGHTS.

2:17:59 AROUND INCLUSIONARY ZONING AND

2:18:02 LINKAGE AND HOW UH, SLOW

2:18:04 HOUSING STARTS, UM, IMPACTS UH,

2:18:08 THOSE TWO PROGRAMS TO CREATE

2:18:09 THE AFFORDABLE HOUSING.

2:18:11 SURE.

2:18:12 HAPPY TO I THINK UH AND THIS

2:18:14 ACTUALLY TIES BACK IT'S THIS IS

2:18:15 SORT OF A MACRO ANSWER TO THE

2:18:17 QUESTION UH, TO THE PREVIOUS

2:18:19 QUESTION IN THAT, YOU KNOW, WE

2:18:21 HAVE A SERIES OF SUBSIDIES FOR

2:18:24 HOUSING INCLUSIONARY FOR

2:18:25 AFFORDABLE HOUSING,

2:18:26 INCLUSIONARY ZONING AND LINKAGE

2:18:28 ARE KEY.

2:18:29 PARTS OF THAT.

2:18:30 THOSE PROGRAMS ARE

2:18:31 FUNDAMENTALLY PRO CYCLICAL WHEN

2:18:33 WHEN THE RESIDENTIAL MARKET IS

2:18:35 PRODUCING HOUSING IT IS

2:18:37 PRODUCING AFFORDABLE UNITS.

2:18:39 IT'S PRODUCING FUNDING FOR MORE

2:18:40 AFFORDABLE UNITS.

2:18:41 WE ARE NOW IN A YOU KNOW WE ARE

2:18:44 NOW IN THE DOWN PART OF THAT

2:18:46 CYCLE.

2:18:46 WE ARE NOT PRODUCING A LOT

2:18:48 OF RESIDENTIAL UNITS AND THE

2:18:51 TWO OF THE BIG PROGRAMS WE HAVE

2:18:52 ARE NOT ARE NOT PRODUCTIVE.

2:18:54 AND I THINK THAT IS A YOU KNOW,

2:18:55 THAT IS A BROADER POLICY

2:18:57 QUESTION FOR US TO GRAPPLE

2:18:58 WITH.

2:18:58 RIGHT?

2:18:58 DO WE DO WE WANT AFFORDABLE

2:19:00 HOUSING FUNDING TO BE SO

2:19:03 DEPENDENT ON KIND OF THESE PRO

2:19:05 CYCLICAL POLICIES OR DO WE WANT

2:19:06 TO THINK IN THE LONGER TERM

2:19:08 ABOUT YOU KNOW, WHAT ARE SOME

2:19:09 THINGS THAT MIGHT BE

2:19:10 COUNTERCYCLICAL THAT WHEN WE

2:19:11 HAVE A DOWN MARKET WE CAN STILL

2:19:13 PRODUCE UNITS?

2:19:14 SO UH, YOU KNOW THAT I GUESS

2:19:16 YOU KNOW, THAT IS YOU KNOW THAT

2:19:18 THAT WAS WHAT WE LOOKED AT IN

2:19:19 THERE.

2:19:20 THAT WAS ONE OF THE CONCLUSIONS

2:19:21 OF THE REPORT IS THAT WE HAVE A

2:19:23 REAL BIAS FOR THESE PRO

2:19:24 CYCLICAL PROGRAMS WHICH WORK

2:19:25 GREAT WHEN THE MARKET'S GOING

2:19:27 DON'T WORK SO GREAT IN THE

2:19:28 CURRENT MOMENT WE'RE IN.

2:19:30 THANK YOU.

2:19:31 THANK YOU COUNCILOR FLYNN.

2:19:34 THANK YOU MR CHAIR.

2:19:37 THANK YOU TO THE PANELISTS FOR

2:19:38 BEING HERE.

2:19:41 UM MY QUESTION IS SIMILAR TO

2:19:44 COUNCILOR MORALES QUESTIONING

2:19:46 UM.

2:19:49 THE CITY OF.

2:19:50 BOSTON RECEIVED UH, SIGNIFICANT

2:19:52 MONEY FROM ARPA FOR DOWN

2:19:55 PAYMENT OF UM DOWN PAYMENT FOR

2:20:00 UM, BUYING A HOME.

2:20:03 UM, WHETHER IT WAS A GRANT OR

2:20:05 WAS I WAS ALONE BUT.

2:20:09 BUT IF WE IF WE DIDN'T HAVE

2:20:12 GRANTS AND WE HAD LOANS AT A

2:20:15 VERY VERY LOW INTEREST RATE,

2:20:17 COULD THAT HELP THE MARKET?

2:20:20 COULD THAT HELP THE ECONOMY

2:20:23 WHERE WE'RE NOT GIVING

2:20:25 SOMETHING NECESSARILY AWAY FREE

2:20:28 TO PEOPLE BUT WE ARE GIVING

2:20:30 THEM A HELPING HAND MAYBE WITH

2:20:32 THE VERY, VERY LOW INTEREST

2:20:34 RATE AND THAT MONEY THEN WOULD

2:20:36 GO BACK INTO THE CITY'S ECONOMY

2:20:39 OR INTO THE INTO THE SYSTEM

2:20:41 WHERE WE CAN CONTINUE TO

2:20:42 SUPPORT AFFORDABLE HOUSING.

2:20:48 UM WHAT ARE YOUR THOUGHTS ON

2:20:49 THAT?

2:20:51 UH.

2:20:52 I WOULD SAY BASED ON CITY

2:20:56 POLICY.

2:20:57 SO LET'S SAY START UM UM.

2:20:59 IF YOU GET UM UM.

2:21:02 IF YOU HAVE CITY LAND AND CITY

2:21:03 MONEY TO BUILD IT SO THE AMOUNT

2:21:05 OF MONEY YOU PAY FOR A TWO

2:21:07 BEDROOM I DON'T REMEMBER THE

2:21:08 EXACT NUMBER BUT CLOSE ENOUGH.

2:21:10 UM.

2:21:10 A TWO BEDROOM IS 285,000.

2:21:13 AND THEN THERE'S SO MUCH.

2:21:15 EQUITY THAT PERSON CAN A OVER

2:21:17 THE YEARS.

2:21:18 SO BECAUSE THEY WANT TO MAKE

2:21:19 SURE THAT YOU DON'T GET LIKE AN

2:21:21 AFFORDABLE UNIT

2:21:22 OF HOMEOWNERSHIP AND THEN YOU

2:21:23 GO IN AND WE SELL IT AT MARKET.

2:21:26 SO UM.

2:21:26 I THINK THAT'S A POLICY

2:21:28 CONVERSATION.

2:21:29 IT COULD BE POSSIBLE BUT IN.

2:21:31 THIS CURRENT UH THE WAY THE

2:21:34 POLICY.

2:21:34 IS WRITTEN TODAY.

2:21:36 UM WE HAVE TO RUN NUMBERS AND

2:21:38 SEE IF IT'S VIABLE, YOU KNOW,

2:21:41 SO BUT UH, I WOULD ASSUME IN

2:21:43 AGE HAS A LOT OF UH.

2:21:46 UM.

2:21:47 GREAT STUFF THAT IF YOU WANT

2:21:50 SOMETHING THAT'S.

2:21:52 A VIABLE, UM, A THE.

2:21:56 WE WILL PROPOSE IT ALREADY BUT

2:21:57 I WOULD SAY THE GREEN PART WHAT

2:21:59 MAKES SENSE BECAUSE YOU WANT TO

2:22:01 MAKE SURE THAT LIKE, YOU.

2:22:02 KNOW, UH, UM.

2:22:03 IT COST YOU ALMOST 600 TO BE

2:22:04 ABLE TO SELL IT FOR 285 SO

2:22:07 THEREFORE THERE'S A GAP SO YOU

2:22:08 HAVE TO MAKE UP FOR IT.

2:22:10 SO 600 TO BUILD ONE UNIT.

2:22:12 THAT'S LIKELY.

2:22:15 I THINK I, I THINK UM.

2:22:17 JUST TO.

2:22:18 KIND OF PIGGYBACK ON WHAT HE

2:22:19 SAID I.

2:22:20 THINK UH.

2:22:21 I THINK I'M ALWAYS.

2:22:22 PROBABLY WOULD NEED TO LOOK AT

2:22:24 THEIR POLICY.

2:22:25 IN TERMS OF.

2:22:25 HOW LONG.

2:22:26 UH, THE DEED RESTRICTION IS IN

2:22:28 SOME OF THESE HOMES BECAUSE.

2:22:30 THERE'S ONLY SO MUCH.

2:22:31 I THINK THIS IS WHAT HE'S

2:22:32 PROBABLY SAYING IS BUT THERE'S

2:22:33 ONLY SO MUCH EQUITY YOU COULD

2:22:35 ACTUALLY BUILD INTO THESE

2:22:36 HOMES.

2:22:37 UH, RIGHT.

2:22:37 UM, BASED ON THE CURRENT

2:22:40 POLICIES.

2:22:40 UM, SO IF YOU ARE IF YOU ARE

2:22:43 INTRODUCING UH A VERY LOW

2:22:45 INTEREST LOAN WHERE A PROPERTY

2:22:47 ALREADY HAS A DEED RESTRICTION

2:22:49 WHERE YOU REALLY ARE NOT AS A

2:22:50 NEW HOMEOWNER YOU'RE NOT

2:22:51 BUILDING ANY EQUITY INTO THAT

2:22:54 HOME.

2:22:54 I THINK IT'S IT'S.

2:22:55 WORTH LOOKING AT UM, THESE TWO

2:22:58 THINGS, UM, JOINTLY TO FIGURE

2:23:01 OUT.

2:23:02 OKAY.

2:23:02 HEY.

2:23:02 DO WE IS THERE.

2:23:03 AN OPPORTUNITY HERE TO ACTUALLY

2:23:06 ACTUALLY REDUCE THE NUMBER

2:23:07 OF YEARS ON THE DEED

2:23:09 RESTRICTION SO THAT NEW HOME

2:23:11 BUYER IS PAYING IS PAYING

2:23:13 INTEREST ON THAT LOAN BUT ALSO

2:23:14 HAVE AN OPPORTUNITY TO, UM,

2:23:16 SELL THAT HOME UH, MUCH EARLIER

2:23:20 UM TIME FRAME WITH THAT

2:23:21 RESTRICTION OKAY.

2:23:26 STEVE, UH.

2:23:27 YOU KNOW, I WOULD JUST SAY

2:23:28 GENERALLY UM YOU'VE YOU'VE

2:23:30 ASKED A LOT TO ME A VERY

2:23:31 INTERESTING QUESTION.

2:23:32 I DON'T HAVE A PAT YES OR NO

2:23:34 ANSWER UH, TO GIVE TO YOU I

2:23:36 THINK YOU KNOW, I, I WOULD WANT

2:23:38 TO THINK CAREFULLY ABOUT A

2:23:39 COUPLE OF THINGS.

2:23:40 THE DEED RESTRICTION OBVIOUSLY

2:23:41 IS KEY.

2:23:42 WOULDN'T WANT PEOPLE UTILIZING

2:23:44 A SUBSIDIZED SOURCE OF FUNDING

2:23:46 IN A IN A WAY THAT THE INTENT

2:23:49 HERE IS TO HOUSE PEOPLE, NOT TO

2:23:50 ALLOW THEM TO SPECULATE ON REAL

2:23:53 ESTATE AND THAT BALANCE WOULD

2:23:54 BE IMPORTANT.

2:23:56 UM MORAL HAZARD ARE WE ARE WE

2:23:58 LENDING TO YOU KNOW WE LENDING

2:23:59 TO IT TO PEOPLE WHO ARE WHO ARE

2:24:02 GOING TO BE ABLE TO PAY PAY THE

2:24:04 LOAN BACK AND WHO MAKES WHO

2:24:06 MAKES THAT DECISION AND MANAGES

2:24:07 IT.

2:24:08 UH, SO YOU KNOW, I THINK

2:24:09 THERE'S SOME THERE'S SOME

2:24:10 IMPORTANT QUESTIONS BUT I THINK

2:24:11 IT'S A YOU KNOW, IT'S AN

2:24:14 INTERESTING IDEA AND ONE THAT I

2:24:15 WILL UH WE'LL GIVE SOME THOUGHT

2:24:16 TO.

2:24:17 OKAY.

2:24:19 UM.

2:24:23 LET ME LET ME ASK ONE ONE

2:24:25 FINAL QUESTION AND MAYBE

2:24:27 WHOEVER WHOEVER WANTS TO ANSWER

2:24:28 IT BUT WITH RESIDENTIAL

2:24:33 PROPERTY TAXES UP SIGNIFICANTLY

2:24:36 OVER THE LAST SEVERAL YEARS,

2:24:39 DOES THAT HAVE AN IMPACT ON

2:24:42 BUILDING AFFORDABLE HOUSING,

2:24:45 BUILDING HOUSING IN BOSTON AT

2:24:49 ALL?

2:24:52 TO YOU.

2:24:53 GUYS YOU GUYS BUILD BUT I

2:24:55 DON'T I DON'T HAVE A PATTY I

2:24:56 DON'T HAVE A READY ANSWER YOU.

2:24:58 GUYS BUILD SO I'LL DEFER TO

2:24:59 YOU.

2:25:00 YEAH SO I.

2:25:01 BUILD I BOUGHT UH THE

2:25:03 PREDOMINATELY PREDOMINANTLY

2:25:04 NUMBER OF PROJECTS WE'VE BEEN

2:25:06 BUILDING ARE HOMEOWNERSHIP

2:25:08 PROJECTS I WOULD SAY NO.

2:25:09 UM IT DOESN'T HAVE AN IMPACT.

2:25:11 IT DOESN'T HAVE A HUGE IMPACT

2:25:13 ON US.

2:25:13 UM, BUT THEN AGAIN, IF YOU'RE

2:25:14 DOING A LIGHT TECH DEAL OR UM,

2:25:17 RENTAL DEAL UM, NOT THAT I'M

2:25:19 NOT QUITE SURE UM, WHAT THAT

2:25:21 IMPACT MIGHT BE.

2:25:22 WELL THEN SO IF SOMEONE WAS TO

2:25:27 RECEIVE A HOME FOR UH FOR

2:25:30 WHATEVER WHATEVER WAY UM, TO

2:25:33 THE CITY MAYBE THEY BOUGHT IT

2:25:35 FOR $300,000.

2:25:39 AND THEIR PROPERTY TAXES HAVE

2:25:40 GONE UP, UH, SIGNIFICANTLY OVER

2:25:43 THE LAST SEVEN YEARS.

2:25:45 IS THAT A IS THAT A CONCERN?

2:25:47 WELL, YOU MIGHT NOT YOU MIGHT

2:25:51 BE PUTTING THAT FAMILY IN A

2:25:54 PARTICULAR CHALLENGE AND SPOT

2:25:57 TO PAY THE PROPERTY TAXES.

2:25:59 NO.

2:26:00 MAYBE THEIR SALARY IS 70

2:26:02 $80,000 BECAUSE THEY WERE ABLE

2:26:04 TO GET A LOAN OR ASSISTANCE

2:26:06 BECAUSE OF THAT.

2:26:07 IS THAT IS THAT SOMETHING

2:26:09 THAT'S A CHALLENGE.

2:26:11 POTENTIALLY YEAH I WOULD SAY UM

2:26:14 IF YOU GUYS WANT TO CHIME IN

2:26:15 YEAH POTENTIALLY YEAH I THINK

2:26:17 THAT'S SOMETHING THAT UM ONE

2:26:19 THAT FAMILY WOULD PROBABLY HAVE

2:26:21 TO RUN THE NUMBERS AND US UM

2:26:24 CITY AND YOU GUYS PROBABLY

2:26:27 WOULD HAVE TO RUN THE NUMBERS

2:26:28 IN TERMS OF UH $300,000.

2:26:30 UM, HOW MUCH IS THAT INDIVIDUAL

2:26:32 PAIN AND PROPERTY TAXES AND

2:26:34 ALSO FACTOR IN THE COST

2:26:36 OF LIVING UM, THAT HAS

2:26:39 SIGNIFICANTLY GONE UP AS WELL

2:26:40 AND SEEING OKAY IS IT A FAMILY

2:26:43 MAKE AN X AMOUNT OF DOLLARS,

2:26:44 DOES THAT ACTUALLY MAP OUT TO

2:26:48 UH TO ACTUALLY AFFORD THAT?

2:26:49 YEAH THE GOAL IS TO KEEP THAT

2:26:52 FAMILY IN THAT HOUSE OR AS LONG

2:26:54 AS POSSIBLE.

2:26:56 UM YEAH.

2:26:57 UH I CANNOT REALLY ANSWER

2:26:59 BECAUSE I BUILT MULTIFAMILY SO

2:27:01 LIKE YOU KNOW, AS PART

2:27:02 OF AFFORDABLE HOUSING WE

2:27:03 NEGOTIATE.

2:27:04 UH A.

2:27:05 TAX.

2:27:06 UH UM ON TAXES WITH THE CITY

2:27:10 FOR LIKE.

2:27:10 YOU KNOW, FOR 15.

2:27:11 YEARS FOR 30 YEARS.

2:27:12 SO SO LIKE YOU KNOW.

2:27:14 I DON'T THINK I HAVE.

2:27:15 A GOOD HANDLE ON THAT IN

2:27:16 CERTAIN.

2:27:17 I MEAN, I WOULD SAY I WOULD SAY

2:27:19 GENERALLY OBVIOUSLY WHEN

2:27:20 TAXATION LEVELS GOES UP THAT

2:27:22 CHALLENGES FOLKS UM.

2:27:24 WHO WHO.

2:27:25 HAVE HAVE LIMITED INCOME AND AS

2:27:27 A RESIDENTIAL TAXPAYER MYSELF I

2:27:29 FEEL THAT WHEN THE WHEN WHEN

2:27:30 THE COST GOES UP UM YOU KNOW, I

2:27:33 WOULD SAY THE CITY HAS PROGRAMS

2:27:35 IN PLACE, THE RESIDENTIAL

2:27:36 EXEMPTION WOULD BE YOU KNOW,

2:27:37 WOULD BE THE FIRST ONE THAT

2:27:39 COMES TO MIND TO PROVIDE SOME

2:27:41 LEVEL OF OF RELIEF TO TO

2:27:44 INDIVIDUALS IN THE SCENARIO

2:27:46 THAT YOU PUT FORWARD.

2:27:48 SO I THINK YOU KNOW, I, I THINK

2:27:50 THAT'S A THAT'S A YOU KNOW

2:27:52 THAT'S PROBABLY THE BEST ANSWER

2:27:54 I CAN GIVE I DO I DO YOU KNOW,

2:27:56 I FULLY AGREE AND EXPERIENCE IT

2:27:58 PERSONALLY THAT IT IS

2:27:59 CHALLENGING WHEN UH WHEN WHEN

2:28:01 COSTS GO UP LIKE THAT.

2:28:03 THANK YOU FOR TAKING MY

2:28:04 QUESTIONS, MR CHAIR.

2:28:05 UM, THANK YOU FOR GIVING ME AN

2:28:07 EXTRA MINUTE.

2:28:07 THANK YOU.

2:28:08 UM, COUNCIL LOUIJEUNE.

2:28:10 THANK YOU SO MUCH, MR CHAIR,

2:28:11 AND THANK YOU TO THIS, UM,

2:28:13 ESTEEMED PANEL FOR BEING HERE.

2:28:15 UM, AND FOR YOUR COMMENTS.

2:28:16 I GUESS I'LL START UH, WITH I

2:28:18 GUESS A QUESTION FOR YOU,

2:28:18 STEVE.

2:28:19 I THINK YOU IT YOU UM THAT IS A

2:28:23 QUESTION THAT I ASKED UH,

2:28:24 DIRECTOR BROWN ON THE LAST

2:28:26 PANEL BUT IT WAS ABOUT

2:28:27 CAMBRIDGE AND I BELIEVE HOW

2:28:28 CAMBRIDGE ALLOCATES 80%

2:28:30 OF THEIR CPA FUNDING TOWARDS

2:28:33 AFFORDABLE HOUSING.

2:28:34 YES.

2:28:35 AND HAVE THEY BEEN DOING

2:28:36 THAT SINCE THE INCEPTION

2:28:38 OF THEIR CPA?

2:28:40 I DON'T KNOW THAT I'VE

2:28:40 THOUGHT IN MY HEAD BUT I'M

2:28:41 HAPPY TO UH I'M HAPPY TO TRACK

2:28:43 THAT DOWN.

2:28:43 THAT'S WHY I ASKED ABOUT THE

2:28:44 DATE BECAUSE I THINK THAT IT I

2:28:46 THINK I MEAN IT WAS A LEADING

2:28:48 QUESTION BUT I THINK THE ANSWER

2:28:49 IS YES.

2:28:50 OKAY.

2:28:50 AND I THINK THAT IT'S I THINK

2:28:51 THAT'S AN IMPORTANT THING TO TO

2:28:53 KNOW BECAUSE LIKE WE'RE SAYING

2:28:56 IN MANY ITERATIONS RIGHT ONCE

2:28:57 COMMUNITY IS LIKE THEY KNOW

2:28:59 WHAT THIS IS WHAT IT IS.

2:29:01 UM AND WE JUST DID FROM THE

2:29:02 BEGINNING AND THIS IS ONE IT'S

2:29:03 BEEN FROM THE BEGINNING AND

2:29:03 TWEAKING THAT TO REDUCE WHAT

2:29:06 OTHER GROUPS WHAT OTHER CAUSES

2:29:08 ESPECIALLY WHEN I BELIEVE

2:29:10 PEOPLE SEE THEMSELVES IN DEEP

2:29:12 COALITION WITH EACH OTHER AND

2:29:13 NOT SORT OF COMPETING WITH ONE

2:29:14 ANOTHER FROM THE OUTSET SORT

2:29:16 OF THE.

2:29:18 UH THE TRADE OFFS IN SORT

2:29:20 OF MAKING CHANGES I SEE LIKE IN

2:29:22 THE FROM THE VERY BEGINNING

2:29:23 THOSE WHO HAVE HAD AND I DON'T

2:29:24 KNOW IF THEY'RE OTHER CITIES

2:29:25 AND IF YOU DO KNOW PLEASE LET

2:29:26 ME KNOW OTHER CITIES THAT HAVE

2:29:28 HIGHER ALLOCATIONS THAN 50% UM

2:29:31 AND WHETHER THEY'D HAVE THAT.

2:29:32 SO I THINK THAT'S JUST LIKE A

2:29:33 GOOD IT'S A BOTH LIKE A POLICY

2:29:35 AND A POLITICS THING TO

2:29:36 CONSIDER AS WELL.

2:29:38 UM I ALSO WANT TO UPLIFT WHAT

2:29:40 HILLARY STATED IN TERMS OF YOU

2:29:43 KNOW, THIS IS AN IMPORTANT

2:29:45 CONVERSATION AND AND I THINK

2:29:47 SOMEONE SAID IT PRIOR LIKE LIKE

2:29:50 WE ARE SEARCHING HIGH AND LOW

2:29:52 FOR MORE FUNDING AND SO

2:29:56 FRUSTRATIONS OF NOT BEING ABLE

2:29:57 TO GET THAT MORE FUNDING THEN

2:29:59 LEADS US TO LIKE HOW CAN WE

2:30:00 TRANSLATE THIS PIE WHEN WE WANT

2:30:03 A BIGGER PIE?

2:30:04 AND THERE HAVE BEEN MECHANISMS

2:30:06 FOR US TO GET THAT BIGGER PIE

2:30:08 WITH THE TRANSFER FEE LED HERE

2:30:11 BY COUNCILOR FORMER

2:30:12 COUNCILOR JANEY, FORMER

2:30:13 COUNCILOR EDWARDS FROM A

2:30:14 COUNCIL ROOM AND WE'VE BEEN SO

2:30:16 CLOSE AT CERTAIN POINTS AND

2:30:17 THEN IT'S BEEN YANKED AWAY OUR

2:30:19 ABILITY TO AND NOT JUST FOR THE

2:30:21 CITY OF BOSTON FOR OTHER CITIES

2:30:24 ACROSS THE RIGHT AND EVEN IF

2:30:26 WE'RE TALKING ABOUT THESE

2:30:27 SHIFTS HERE COMPARATIVELY TO

2:30:28 WHAT THE TRANSFER FEE COULD DO

2:30:29 FOR THE CITY, WE'RE TALKING

2:30:30 ABOUT SHIFTS THAT WOULD BE LIKE

2:30:32 RELATIVELY MAYBE A FEW MILLION

2:30:34 DOLLARS MORE.

2:30:35 BUT WHEN WE COULD GET FROM THE

2:30:36 TRANSFER FEE A MINIMUM OF $50

2:30:39 MILLION FROM WHAT THE RESEARCH

2:30:40 HAS SHOWN UP TO A HUNDRED

2:30:41 MILLION A YEAR IN AFFORDABLE

2:30:42 HOUSING, WHICH WOULD BE

2:30:43 TRANSFORMATIVE, WHICH WOULD DO

2:30:45 THE WORK OF I THINK I HEARD YOU

2:30:47 DONALD ALEXIS AND I KNOW I'VE

2:30:48 BEEN AT MEETINGS WITH YOU WHERE

2:30:50 PEOPLE HAVE SEEN THE AM EYES

2:30:51 AND LIKE WHO WOULD DO THIS THAT

2:30:53 SERVE WE NEED DEEPER ALLIES AND

2:30:56 YOU DO THAT WITH MORE FUNDING

2:30:57 AND MORE MONEY.

2:30:58 SO I MEAN I'D LOVE US TO SEE US

2:31:01 THINK ABOUT LIKE IN THESE

2:31:03 MOMENTS AND ESPECIALLY IN THE

2:31:04 NIGHT AND ESPECIALLY IN THESE

2:31:05 MOMENTS OF FEDERAL CHALLENGE,

2:31:06 WHAT ARE THE IDEAS AROUND

2:31:09 GENERATING MORE REVENUE TO DO

2:31:10 THIS WORK?

2:31:11 UM, THIS I MEAN TRANSFER FEE

2:31:13 WAS PART OF THE CONVERSATION

2:31:14 BEFORE COVID DURING COVID AND

2:31:16 CONTINUES AFTERWARDS AND MANY

2:31:17 MUNICIPALITIES HAVE BEEN

2:31:18 ADVANCING EITHER THEIR OWN

2:31:20 LEGISLATION OR UM, A STATEWIDE

2:31:22 BILL THAT WOULD ALLOW FOR A

2:31:23 LOCAL OPTION.

2:31:24 SO I JUST DON'T WANT US TO LOSE

2:31:25 SIGHT OF THE FOREST FOR THE

2:31:27 TREE WHATEVER THAT THING IS.

2:31:28 I'M NOT GOOD AT THEM BUT LIKE

2:31:30 WE NEED BIGGER PIES.

2:31:32 UM, AND YOU KNOW, FRANK O'BRIEN

2:31:33 MENTIONED AND WE'RE STILL DOING

2:31:35 SOME WORK BUT THE

2:31:35 ADMINISTRATION HAS TAKEN SOME

2:31:37 OF THAT ABOUT SORT OF ARE WE

2:31:39 MAXIMIZING OUR BORROWING

2:31:40 CAPACITY AND THERE'S MORE WORK

2:31:41 THAT WE NEED TO DO THERE.

2:31:42 BUT WHEN YOU LOOK AT SORT

2:31:43 OF HOW THEY'RE UM.

2:31:46 YOU KNOW, WHAT WE'RE DOING IN

2:31:47 TERMS OF DEBT SERVICE AND HOW

2:31:49 WE'RE PAYING THINGS BACK, I

2:31:50 THINK IT'S AN ACKNOWLEDGMENT

2:31:51 THAT WE NEED TO BE UM WE NEED

2:31:54 TO THINK ABOUT HOW WE ARE

2:31:55 SPENDING THE MONEY THAT WE

2:31:56 HAVE, UM, WHILE NOT GIVING UP

2:31:58 ON HOW WE CREATE NEW PATHS

2:31:59 OF REVENUE.

2:32:00 SORRY I'M NOT I JUST WANTED TO

2:32:01 PUT THAT OUT THERE BECAUSE I

2:32:02 THINK IT'S REALLY IMPORTANT

2:32:03 LIKE WE ARE AT THE END OF THE

2:32:05 DAY HAVING CONVERSATIONS ABOUT

2:32:07 LIKE HOW ARE WE INCREASING THE

2:32:08 REVENUE THAT WE'RE GETTING IN

2:32:09 AND THERE ARE OPTIONS THAT ARE

2:32:10 ON THE TABLE IN WAYS I THINK WE

2:32:11 JUST WE NEED TO BE THOUGHTFUL

2:32:12 ABOUT HOW WE ADVOCATE FOR

2:32:13 WHAT'S POSSIBLE.

2:32:14 UM, I, I GUESS I HAVE UH, A

2:32:19 QUESTION FOR ADLER AND DONALD.

2:32:22 UM, ONE OF THE THINGS THAT WAS

2:32:23 INTERESTING FROM THE FORMER

2:32:25 PANEL I DON'T NECESSARILY KNOW

2:32:26 IF IT FROM SOME OF THE ADVOCACY

2:32:27 WAS LIKE FOR PARKS AND FOR OPEN

2:32:30 FOR OPEN SPACE AND FOR HISTORIC

2:32:32 PRESERVATION.

2:32:32 THERE ARE ONLY THESE CERTAIN

2:32:33 POTS OF MONEY THAT THEY CAN GET

2:32:36 MONEY FROM UM, WHICH I BELIEVE

2:32:38 IS TRUE BECAUSE THERE'S

2:32:39 PROBABLY NOT THE SAME LEVEL

2:32:40 OF SPONSORSHIP, THAT SAME LEVEL

2:32:42 OF UM.

2:32:44 UM APPLICATIONS TO SUPPORT

2:32:46 THEIR WORK WHEREAS LIKE THERE

2:32:47 ARE EVEN THOUGH LIKE SOME

2:32:49 OF THE MONEY HAS DRIED UP THERE

2:32:50 ARE MORE SOURCES OF FUNDING FOR

2:32:53 AFFORDABLE HOUSING.

2:32:55 UM AND JUST WANTED TO SORT

2:32:57 OF GET YOUR TAKE ON THAT

2:32:58 ARGUMENT THAT YOU KNOW, YOU

2:32:59 HAVE YOU COULD HAVE LIKE TAC

2:33:01 YOU COULD HAVE UM YOU HAVE CPA

2:33:04 I MEAN THERE ARE THERE ARE

2:33:05 OTHER FORMS OF OF TAX

2:33:08 INCENTIVES FOR AFFORDABLE

2:33:09 HOUSING.

2:33:10 SO I MEAN MAYBE IT LOOKS

2:33:11 DIFFERENT NOW I KNOW THAT THERE

2:33:13 ARE THERE ARE PROGRAMS THAT

2:33:14 HAVE ENDED BUT THERE ARE JUST

2:33:15 MORE SOURCES OF FUNDING

2:33:16 COMPARED TO PEOPLE WHO ARE

2:33:17 TRYING TO DO WORK IN OPEN SPACE

2:33:20 OR IN HISTORIC PRESERVATION.

2:33:23 UM, I THANK YOU FOR THE

2:33:24 QUESTION UM A CONCLUSION SO

2:33:26 WHAT I WOULD SAY YES MIGHT BE

2:33:29 MORE SOURCES FOR UH FOR FOR

2:33:31 AFFORDABLE HOUSING BUT ALSO

2:33:33 IT'S UH BEEN IN THE CITY OF UM

2:33:36 BEEN IN MASSACHUSETTS, THE CITY

2:33:39 OF BOSTON IT IS A VERY

2:33:41 EXPENSIVE PLACE TO BUILD.

2:33:42 YEAH.

2:33:43 YOU KNOW.

2:33:43 IN TERMS OF UM, OUTSIDE FACTORS

2:33:47 THAT WE DON'T CONTROL LIKE

2:33:48 CONSTRUCTION COST IS VERY

2:33:49 EXPENSIVE LAND COSTS, YOU KNOW,

2:33:50 BORROWING COSTS AND UH, ALL

2:33:55 THOSE MAKE IT EXTREMELY

2:33:57 DIFFICULT FOR A DEVELOPER LIKE,

2:33:58 YOU KNOW, UH UM.

2:34:01 I DO I AGREE LIKE, YOU KNOW, IF

2:34:03 I'M DOING A PARK THERE'S ONLY

2:34:04 ONE SOURCES THEN I HAVE MORE

2:34:07 WAYS TO USE WHAT I HAVE.

2:34:09 YEAH.

2:34:10 YOU KNOW, BUT IN THE CITY

2:34:11 OF BOSTON THE CITY OF BOSTON

2:34:12 HAS THEIR OWN A ZONING

2:34:14 REGULATION WITH SUSTAINABILITY

2:34:16 .

2:34:16 AND THEN WHEN YOU GO TO THE

2:34:17 STATE THEY HAVE THEIR OWN

2:34:18 REGULATION.

2:34:18 SO WE FACING MORE.

2:34:21 YEAH THAT'S THAT SORT OF WASN'T

2:34:22 EVEN A GOOD QUESTION BECAUSE I

2:34:24 KNOW THAT THE ANSWER IS YES.

2:34:25 YOU ALL HAVE MULTIPLE SOURCES

2:34:26 BUT IT'S A LOT MORE EXPENSIVE

2:34:27 AND IT'S A LOT HARDER AND THE

2:34:29 MONEY IS DRYING UP.

2:34:30 SO I JUST WANTED TO POINT OUT

2:34:31 SORT OF WHAT I THINK I THINK

2:34:33 WAS A RELEVANT POINT THAT FOLKS

2:34:34 ARE MAKING THAT THEY HAVE FEWER

2:34:35 SOURCES.

2:34:36 UM, YOU HAVE MORE SOURCES BUT

2:34:39 IT'S CYCLICAL AND FUNDING IS

2:34:41 NEVER CERTAIN AND YOUR PROJECTS

2:34:43 ARE A.

2:34:43 LOT MORE EXPENSIVE.

2:34:44 ABSOLUTELY.

2:34:45 YEAH.

2:34:46 UM I THINK UM KIND OF HIT THE

2:34:48 NAIL RIGHT ON THE HEAD IN TERMS

2:34:50 OF UH YOU STARTED YOUR FRAMING

2:34:51 YOUR QUESTION IN TERMS OF DEEP

2:34:54 AFFORDABILITY, HOW DO YOU

2:34:55 ACHIEVE AFFORDABILITY WHEN COST

2:34:59 TO BUILD IS UP HERE?

2:35:00 RIGHT.

2:35:01 YOU HAVE TO BE ABLE TO FILL

2:35:02 THE GAP WITH SUBSIDIES.

2:35:04 THAT'S THE ONLY WAY TO BE ABLE

2:35:06 TO GIVE FAMILIES WHO NEED IT

2:35:08 THE MOST YOU OPPORTUNITY TO OWN

2:35:10 .

2:35:10 OWN A HOME.

2:35:11 UM AND THAT'S IN THE SUBSIDY

2:35:13 BRIDGES THAT GAP YEAH.

2:35:15 SO PLUS OPERATING COSTS ALSO

2:35:17 LIKE OPENING COSTS WE DON'T

2:35:18 EVEN TALK ABOUT IT YOU KNOW

2:35:19 LIKE UH IT'S IT'S COSTING

2:35:21 ALMOST 13,000 A YEAR TO UH TO

2:35:26 RUN YOUR UNIT, YOU KNOW, I MEAN

2:35:27 SO IT MIGHT BE TO UM TO 11 TO

2:35:30 13 BUT I DON'T WANT TO PUT THEM

2:35:31 ON BROADWAY TO GET PEOPLE TO

2:35:32 QUESTION IT.

2:35:33 BUT IT IT IS VERY EXPENSIVE

2:35:34 LIKE TO RUN YOUR UM YEAH A TO

2:35:36 ONE EVERY UNIT.

2:35:37 SO YOU CAN'T MAKE TWO VERY

2:35:39 SMALL LIKE ONE IS A ONE IS LIKE

2:35:41 I THINK ADLER OR SOMEONE UH

2:35:43 SOMEONE UPLOAD I THINK IT WAS

2:35:44 HILLARY AS WELL.

2:35:45 WELCOME HOME BOSTON FANTASTIC

2:35:47 FANTASTIC AT BUILDING ALSO A

2:35:49 PIPELINE OF DEVELOPERS OF COLOR

2:35:50 WHO GET THESE CONTRACTS AND

2:35:52 THEY'VE BEEN ABLE TO BUILD UP

2:35:53 TO BIGGER CONTRACTS AND

2:35:54 BUILDING BIGGER UNITS.

2:35:55 SO I THINK IT'S AWESOME AND I

2:35:57 DO WANT TO MAKE SURE THAT WE

2:35:58 HAVE MONEY GOING INTO THAT

2:35:59 AGAIN TRANSFER FEE AND OTHER

2:36:00 MECHANISMS I THINK ARE

2:36:01 IMPORTANT.

2:36:02 UM AND THEN WHERE DOES FOR FOR

2:36:05 DONALD AND FOR ADLER WHERE DOES

2:36:07 EPA RANK IN TERMS OF YOUR LIKE

2:36:10 DEPENDENCY ON FUNDING FOR

2:36:13 PROJECT LIKE IS IT THE FIRST

2:36:14 PLACE I MEAN I KNOW IT'S I

2:36:16 CAN'T BE THE FIRST PLACE THAT

2:36:17 YOU GO BUT LIKE IS AND IS IT

2:36:18 EVER BUT FOR HAVE YOU EVER NOT

2:36:20 BEEN ABLE TO DO A PROJECT

2:36:21 BECAUSE OF CPA FUNDING LIKE I'M

2:36:23 JUST TRYING TO UNDERSTAND SORT

2:36:24 OF LIKE THE PRIORITY AND AND I

2:36:26 KNOW THAT YOU'RE GOING TO SAY

2:36:27 OH IT'S DIRE WE NEED IT.

2:36:28 BUT LIKE I'M JUST TRYING TO

2:36:30 UNDERSTAND SORT OF WHERE IT

2:36:32 STANDS FOR YOU AND YOUR THE

2:36:33 ALPHABET SOUP OF FINANCING THAT

2:36:35 PUTS TOGETHER YOUR AFFORDABLE

2:36:36 HOUSING PROJECT LIKE WHERE IS

2:36:38 CPA IN TERMS OF YOUR

2:36:39 DEPENDENCIES LIKE SOMEWHERE IN

2:36:41 THE MIDDLE IS IT LIKE HIGHER UP

2:36:42 IS IT TOWARDS YOU KNOW.

2:36:43 I WOULD SAY IT FOR ME IT'S

2:36:44 HIGH UP.

2:36:46 SO AGAIN.

2:36:47 WE.

2:36:47 BUILD UM HOMEOWNERSHIP.

2:36:48 PROJECTS WHICH IS AT THE CORE

2:36:50 OF OUR MISSION AND GIVING

2:36:51 PEOPLE OPPORTUNITIES TO BUILD

2:36:54 EQUITY.

2:36:54 AND TO DEAN KIND.

2:36:56 OF.

2:36:57 UM MENTIONED IT IN HER

2:36:58 PRESENTATION WHERE UM, EMMA H

2:37:02 RELIES ON UM SHE REALLOCATE

2:37:05 CERTAIN FUNDS TO M0 H TO THEN

2:37:07 DISTRIBUTE FOR THESE

2:37:09 HOMEOWNERSHIP PROJECTS.

2:37:10 SO IT'S IT'S A BIG DEAL.

2:37:11 YEAH IT'S A BIG DEAL FOR US

2:37:12 ESPECIALLY NOW AGAIN I

2:37:14 MENTIONED THAT MASS HOUSING

2:37:16 FUNDS COMMONWEALTH BUILDER

2:37:18 FARMS OR HAVE DRIED UP NOW IT'S

2:37:20 EVEN HARDER RIGHT SO IF IF I'M

2:37:24 A SHE DOESN'T HAVE THE

2:37:25 SUBSIDIES TO PROVIDE FOR A DEEP

2:37:27 AFFORDABILITY OF 80 TO 100% AM

2:37:30 I UH RIGHT NOW WE HAVE A

2:37:31 PROJECT THAT WE'RE BUILDING

2:37:32 WITH UM EMMA WHICH WE'RE DOING

2:37:36 135% IN AM I, UM, WITHOUT THEM

2:37:38 PROVIDING ANY SUBSIDIES.

2:37:39 BUT NOW.

2:37:42 FOR A FAMILY THAT CANNOT FIT IN

2:37:45 THOSE THAT 135 OF 150% AM I

2:37:49 THAT REALLY IS IN THE 60% AMI

2:37:52 NOW THESE PEOPLE ARE BEING LEFT

2:37:54 OUT OF THAT OPPORTUNITY TO OWN

2:37:56 THEIR OWN.

2:37:57 UM SO IT'S A BIG DEAL.

2:38:00 THANK YOU.

2:38:03 OF COURSE.

2:38:03 THANK YOU.

2:38:07 UH, I'LL GIVE MYSELF SOME TIME.

2:38:09 UM, WANTED TO ASK ASK YOU ABOUT

2:38:13 SOMETHING THAT

2:38:13 COUNCIL LOUIJEUNE BROUGHT UP

2:38:14 WHICH WAS THIS THE CITY'S KPIS

2:38:17 POSSIBILITY ABOUT THE BORROWING

2:38:19 POWER THAT WE MAY HAVE.

2:38:21 UM, STEVE, YOU I THINK YOU

2:38:23 ALLUDED IT AT THE BEGINNING

2:38:24 OF YOUR OF YOUR SPEAKING BUT

2:38:26 WHAT OPTIONS DO WE HAVE?

2:38:27 HOW DOES THAT WORK?

2:38:28 I'M ACTUALLY NOT TOO FAMILIAR

2:38:29 WITH WITH THAT.

2:38:30 DO OTHER MUNICIPALITIES DO

2:38:32 THAT.

2:38:32 I'M NOT I'M NOT FAMILIAR WITH

2:38:35 ANY OTHER MUNICIPALITY THAT.

2:38:36 DOES UM I THINK YOU KNOW

2:38:39 THERE'S AN IMPLICATION THAT

2:38:40 COMES UP OBVIOUSLY IF YOU COULD

2:38:42 BORROW AGAINST THAT STREAM

2:38:44 OF INCOME AND I'M SPEAKING VERY

2:38:45 HYPOTHETICALLY, UM, THERE

2:38:47 BECOMES A TIMING ISSUE, RIGHT?

2:38:48 THAT SORT OF THE DECISIONS IF

2:38:50 ONE BORROWS AGAINST THE STREAM

2:38:52 OF INCOME OVER SOME PERIOD

2:38:54 OF YEARS.

2:38:55 SORT OF.

2:38:56 THIS COUNCIL AT THIS MOMENT

2:38:57 IN TIME OR THE CPC AT THAT

2:38:59 MOMENT IN TIME IS MAKING THE

2:39:01 INVESTMENT DECISIONS AND

2:39:01 THEY'RE POTENTIALLY VERY LARGE

2:39:04 DECISIONS.

2:39:04 IS THAT FROM A POLICY

2:39:06 PERSPECTIVE IS THAT THE OUTCOME

2:39:07 YOU WANT?

2:39:08 IS THAT MORE EQUITABLE THAN

2:39:10 HAVING SORT OF DECISIONS THAT

2:39:12 ARE MADE EVERY YEAR AS THE CPC

2:39:14 AND THE COUNCIL AND THE CITY

2:39:17 BODY POLITIC EVOLVES OVER TIME,

2:39:19 IS IT BETTER TO SORT OF LET

2:39:21 EVERYONE MAKE A SERIES

2:39:23 OF SMALLER DECISIONS OR TO HAVE

2:39:25 THE DECISIONS MADE ALL AT ONCE

2:39:26 ?

2:39:27 I THINK YOU KNOW, I, I DON'T

2:39:30 HAVE A ONE IS BETTER THAN THE

2:39:31 OTHER ANSWER.

2:39:32 I THINK IN SOME CASES, YOU

2:39:33 KNOW, IN SOME CERTAIN POLICY

2:39:36 AREAS I THINK I WOULD THINK

2:39:38 MORE DEEPLY I KNOW THE BOSTON

2:39:40 SCHOOL BUILDING AUTHORITY IS

2:39:41 GOING TO COME UP LATER UH,

2:39:43 LATER IN THE CALENDAR.

2:39:44 YOU KNOW, I THINK THAT'S ONE

2:39:45 WHERE YOU I THINK A LITTLE BIT

2:39:47 DIFFERENTLY ABOUT SORT

2:39:49 OF MAKING A LARGE SERIES

2:39:51 OF DECISIONS AND INVESTMENTS

2:39:53 WHEREAS YOU KNOW, I THINK WITH

2:39:55 THE WITH THE CPA AT FIRST BLUSH

2:39:58 I'M I'M NOT I'M NOT SURE THAT'S

2:40:00 THE WAY TO GO BUT I THINK

2:40:01 THAT'S AGAIN THAT'S A POLICY

2:40:02 DISCUSSION.

2:40:03 GOTCHA I APPRECIATE THAT I

2:40:05 THINK AND JUST WORTH LOOKING

2:40:07 INTO UM AS WE ARE TRYING TO SEE

2:40:10 HOW DO WE INCREASE FUNDING FOR

2:40:12 EVERYTHING ON THE CITY HONESTLY

2:40:14 UM QUESTION FOR DONALD IN UM

2:40:18 I'M SO SORRY ON THE UM ADLER.

2:40:22 ADLER.

2:40:23 YES.

2:40:23 SORRY.

2:40:23 IT'S BEEN A LONG IT'S BEEN A

2:40:24 LONG MORNING.

2:40:25 UM, WHEN IT COMES TO GRANTS AND

2:40:28 APPLYING FOR GRANTS, OBVIOUSLY

2:40:29 THE CPA IS ONE OF THEM THAT YOU

2:40:32 HEAVILY RELY ON.

2:40:34 BUT I'M CURIOUS, UM, HOW MANY

2:40:36 OTHER OPPORTUNITIES ARE ARE OUT

2:40:37 THERE?

2:40:38 UM, ESPECIALLY IF WITH STATE

2:40:41 GRANTS HOW COMPLICATED IS IT?

2:40:43 JUST WANT TO GET THE

2:40:44 PERSPECTIVE I DON'T THINK

2:40:45 OF YOU KNOW, TO ASK YOU TO

2:40:46 ABOUT THIS BEFORE.

2:40:47 HOW COMPLICATED IS IT TO GET

2:40:49 THOSE GRANTS?

2:40:51 UM DO YOU WANT TO START.

2:40:52 DOING THERE?

2:40:54 WELL.

2:40:54 .

2:40:55 UH UM.

2:40:57 IT IS FOR US LIKE OUR FIRST

2:40:59 APPLICATION FOR FUNDING GO TO

2:41:00 OUR MORTGAGE.

2:41:01 THIS IS WHERE YOU GET, UH,

2:41:03 NEIGHBORHOOD HOUSING TRUST

2:41:04 FUND.

2:41:05 YOU GOT, UH, CPA AND YOU HAVE,

2:41:08 UH, INCLUSION ZONING FUNDS.

2:41:10 ALL THOSE ARE YOU PUT ONE.

2:41:11 APPLICATION UM, IT IS IN IT IS

2:41:15 QUITE A BIT OF WORK, YOU KNOW,

2:41:16 TO PUT THE APPLICATION IN AND

2:41:18 THEN IF YOU GET FUNDED FOR ALL

2:41:20 LIGHT TECH DEALS THEN YOU GO TO

2:41:24 UM EXECUTIVE OFFICE OF HOT

2:41:27 EXECUTIVE OFFICE HOUSING

2:41:28 LIVABLE COMMUNITIES HLC YOU GO

2:41:30 THERE ALSO THERE'S ONE

2:41:31 APPLICATION ONE BIG APPLICATION

2:41:33 FOR ALL THE STATE RESOURCES AND

2:41:37 TO GET THE FEDERAL 9% OR 4%

2:41:40 QUICK, YOU KNOW TWO YOU GO TO

2:41:42 TWO PLACES OKAY.

2:41:43 BUT I WANT TO WORK IN AN

2:41:45 INVESTMENT.

2:41:46 SO LIKE YOU KNOW UM.

2:41:47 JUST TO TAKE AN EXAMPLE FOR YOU

2:41:49 TO GO THAT YOU SPENT PROBABLY

2:41:50 LIKE WOEFULLY OVER 120,000 JUST

2:41:55 TO GET INTO THE FUNDING.

2:41:57 WELL YEAH.

2:41:58 BECAUSE YOU UM YOU HAVE TO DO

2:42:00 SIGNIFICANT AMOUNT OF WORK TO

2:42:01 SHOW THAT YOUR PROJECT IT'S

2:42:03 IT'S NOT AT THE LEVEL THAT THE

2:42:05 CITY CAN AGAIN SEE IT.

2:42:07 YOU HAVE A PROJECT WHEN YOU GO

2:42:08 TO THE STATE YOU HAVE TO BE

2:42:09 ALMOST READY TO GO BECAUSE THEY

2:42:12 WANT TO FUND YOU AND THEN YOU

2:42:13 SPEND THE NEXT FEW YEARS EVEN

2:42:15 THOUGH WHEN YOU GET FUNDED IT'S

2:42:16 STILL TAKE TIME TO CLOSE.

2:42:18 BUT YOU HAVE TO SHOW THAT YOUR

2:42:19 PROJECT IS READY TO GO.

2:42:20 SO OKAY.

2:42:21 YEAH YEAH SO I WOULD ECHO WHAT

2:42:23 HE SAYS UM AS FAR AS LIKE UM

2:42:27 HOMEOWNERSHIP PROJECTS

2:42:28 OBVIOUSLY.

2:42:28 THE THE APPLICATION PROCESS IS

2:42:31 PRETTY STRAIGHTFORWARD WORKING

2:42:32 WITH THE CITY UM IF YOU'VE DONE

2:42:34 IT BEFORE UM BUT AS A NEW

2:42:35 DEVELOPER IT COULD BE A LITTLE

2:42:37 BIT CUMBERSOME AND UM, TIME

2:42:40 CONSUMING TO PUT IT TOGETHER.

2:42:42 UM, BUT UM TO HIS POINT, UM,

2:42:46 THE LIKE APPLYING FOR LIKE TECH

2:42:48 IS A COMPLETELY DIFFERENT

2:42:49 ANIMAL.

2:42:49 UM, AND THIS IS AN AREA THAT MY

2:42:52 COMPANY IS GROWING INTO UH, TO

2:42:54 DO UM LIKE TECH DEALS AND

2:42:57 OBVIOUSLY THERE'S SPECIALTY

2:42:58 CONSULTANTS BUT THAT'S NOT

2:42:59 SOMETHING WE WOULD TAKE ON ON

2:43:00 OUR OWN TO DO THAT APPLICATION

2:43:02 TO MAKE SURE WE'RE POSITIONING

2:43:04 OURSELVES UM, TO ACTUALLY GET

2:43:06 IN THE FUNDING ROUND.

2:43:08 SO WE'RE GOING TO BE REACHING

2:43:09 OUT TO CONSULTANTS THAT THAT

2:43:11 SPECIALIZE IN THAT.

2:43:12 SO I'VE HEARD IT'S VERY IT'S

2:43:13 VERY CUMBERSOME OKAY.

2:43:15 YEAH I'M I WAS CURIOUS ABOUT

2:43:17 PERMITTING IN GENERAL AND AND

2:43:20 THE GRANT PROCESS AND

2:43:21 EVERYTHING THAT YOU GUYS GO

2:43:22 THROUGH.

2:43:22 UH I KNOW THAT THAT IN ITSELF

2:43:24 COULD TAKE A WHILE AND EVEN

2:43:26 JUST TO TO BE ABLE TO GET THE

2:43:27 PERMITS FOR YOUR BUILDING EVEN

2:43:28 IF YOU GET THE GRANTS COULD

2:43:30 DELAY YOUR PROJECT FROM AFAR.

2:43:32 SO, UM I ALWAYS TRY TO KEEP AN

2:43:34 EYE ON THAT.

2:43:35 SO THANK YOU FOR FOR GIVING

2:43:36 ME THAT PERSPECTIVE FROM FROM

2:43:37 YOU FROM YOUR SIDE.

2:43:39 YEAH.

2:43:39 AND IF I MAY ASK, A LOT

2:43:41 OF TIMES PART OF YOUR

2:43:42 APPLICATION IS TO SHOW THAT

2:43:43 YOUR PROJECT.

2:43:44 ALREADY GOT.

2:43:46 UM PDF APPROVAL OR UH, OSBT.

2:43:49 REJECTION.

2:43:50 SO LIKE YOU KNOW THAT.

2:43:51 YOU READY TO GO SO THAT

2:43:53 PROCESS ON IS ON ALSO YOU HAVE

2:43:54 TO BE ABLE TO TAKE ON THAT

2:43:56 PROCESS YOU KNOW EARLY ON TO

2:43:58 GET IT DONE AS YOU GO.

2:44:00 AND BECAUSE THAT'S ONE OF THE

2:44:00 QUESTIONS YOU HAVE TO ANSWER IF

2:44:03 YOU'RE PROPOSING 40 UNITS IS IT

2:44:05 REALLY 40 MINUTES BECAUSE YOU

2:44:06 HAVEN'T GET APPROVAL?

2:44:07 YOU DON'T KNOW WHAT IT IS THAT

2:44:09 YOU KNOW SO YOU MIGHT NOT BE

2:44:10 ABLE GET FUNDED.

2:44:11 SO UH OKAY SO OKAY THAT THAT

2:44:14 EXPLAINS A LOT OF THE PLANNING

2:44:15 DEPARTMENT PROJECTS THAT I'VE

2:44:16 SEEN GO.

2:44:17 THROUGH OKAY.

2:44:17 YES.

2:44:18 THANK YOU FOR THAT.

2:44:19 UM, I APPRECIATE THE THREE

2:44:21 OF YOU FOR BEING HERE AND

2:44:22 THAT'S IT FOR ME FOR QUESTIONS

2:44:23 I DO.

2:44:23 WANT TO.

2:44:24 ASK COUNCIL.

2:44:24 WELL, THIS FOLLOW UP I'M JUST

2:44:26 LOOKING AT YES I'M JUST GOING

2:44:29 TO GIVE YOU TIME.

2:44:30 ALL RIGHT.

2:44:30 THANK YOU.

2:44:31 UM I'LL START.

2:44:33 WITH HILLARY.

2:44:35 UM HOW MUCH HOW MUCH WOULD IT

2:44:36 COST TO FULLY RESTORE?

2:44:38 I THINK YOU SAID THE ONE PLUS.

2:44:41 MORTGAGE OR UH, ALL OF.

2:44:43 YOUR PROGRAM SO YOU COULD

2:44:44 GIVE ME A BREAKDOWN FOR EACH.

2:44:47 I CAN GET YOU A MORE DETAILED

2:44:50 ANSWER.

2:44:51 UM, BUT I THINK IT'S AROUND THE

2:44:54 10 MILLION MARK.

2:44:55 UM, TOTAL FOR THE, UH, JUST THE

2:45:03 STRAIGHT UP DOWN PAYMENT

2:45:04 OF PROGRAM THE ONE PLUS BOSTON.

2:45:06 BUT I WOULD DEFINITELY GET BACK

2:45:07 TO YOU WITH AN EXACT BREAKDOWN

2:45:09 OF HOW MUCH EACH THING.

2:45:12 UM.

2:45:12 WOULD COST.

2:45:14 IT ALSO DEPENDS.

2:45:14 WE'VE HAD A SIGNIFICANT DROP IN

2:45:17 THE NUMBER OF ONE PLUS BOSTON

2:45:19 BORROWERS THIS YEAR.

2:45:20 SO OBVIOUSLY THE THE TOTAL

2:45:23 SPEND SPEND IS HOW MUCH PER

2:45:25 BORROWER AND THEN WITHIN THAT

2:45:28 UM HOW MANY BORROWERS ARE

2:45:29 FUNDING UM I'M TOLD WE HAD KIND

2:45:32 OF A DIP IN THE NUMBER

2:45:34 OF AFFORDABLE HOMEOWNERSHIP

2:45:35 UNITS COMING ONLINE IN THE PAST

2:45:37 CALENDAR YEAR AND THAT SOME

2:45:40 MORE OF THOSE ARPA UNITS ARE

2:45:41 GOING TO BE COMING ONLINE.

2:45:43 SO I'LL FACTOR ALL THAT IN WHEN

2:45:45 I GET BACK TO YOU.

2:45:46 THANK YOU.

2:45:47 AND I DO GET SCARED WHEN I HEAR

2:45:49 MY AFFORDABLE HOMEOWNERSHIP

2:45:50 DEVELOPER UH SAYING THAT HE'S

2:45:52 MOVING TO LATEX I SOUNDS LIKE

2:45:54 HE'S MOVING INTO RENTAL HOUSING

2:45:57 AND I WONDER IF THAT UH,

2:46:00 BECAUSE OF, UM, THE SUBSIDIES

2:46:02 UH, OR THE LACK OF UH, FUNDING

2:46:05 AND LIKE IS IS IT ARE WE

2:46:08 INCENTIVIZING WHAT THIS

2:46:11 INCENTIVIZING, UH, THE CREATION

2:46:13 OF AFFORDABLE HOMEOWNERSHIP

2:46:15 BECAUSE OF THE LACK OF FUNDING

2:46:17 SOURCES THAT ARE OUT THERE?

2:46:18 NO, ABSOLUTELY.

2:46:20 YOU YOU'RE ABSOLUTELY CORRECT.

2:46:22 UH, THE LACK OF FUNDING MAKES

2:46:24 IT VERY, VERY DIFFICULT TO

2:46:25 BUILD AFFORDABLE HOMEOWNERSHIP

2:46:27 PROJECTS.

2:46:28 PERIOD PERIOD.

2:46:29 UM, IF THERE'S NO FUNDING TO,

2:46:33 UM FILL IN THAT GAP BETWEEN THE

2:46:35 COST OF BUILD, IT'S VERY

2:46:37 DIFFICULT TO SAY HEY, YOU'RE

2:46:39 SPENDING UH, NOT THE ROUGH

2:46:40 NUMBERS.

2:46:41 ARE YOU SPENDING $1 MILLION TO

2:46:43 BUILD AND YOU'RE TO SELL THE

2:46:45 HOUSE AT 400,000 IF YOU YOU

2:46:48 REALLY CANNOT.

2:46:50 SO, UM, WE'RE ABOUT AND THIS IS

2:46:52 THIS IS THE VERY IMPORTANCE OF,

2:46:54 UM, SUBSIDIES AND GIVING THESE

2:46:56 FAMILIES AN OPPORTUNITY TO

2:46:59 FAMILIES THAT ARE BEING PRICED

2:47:00 OUT OUT OF SOME SOME OF THESE

2:47:02 NEIGHBORHOODS, UH, LIKE ROXBURY

2:47:04 ,MATTAPAN, DORCHESTER HAVING

2:47:06 THESE DIFFERENT SUBSIDIES AT A

2:47:08 PLACE IT'S IT'S CRITICAL IS

2:47:10 VERY CRITICAL BECAUSE COSTS

2:47:12 CONSTRUCTION.

2:47:13 COSTS IS GOING UP.

2:47:14 AND WE KNOW INFLATION UM

2:47:16 EVERYBODY TALKS ABOUT UM

2:47:17 PUTTING FOOD ON THE TABLE UH

2:47:19 HOW INFLATION IS IMPACTING IT.

2:47:22 UM IT IMPACTS US EVEN MORE ON

2:47:24 THE CONSTRUCTION SIDE BECAUSE A

2:47:26 LOT.

2:47:26 OF THE.

2:47:27 COMMODITIES THAT WE DEPEND ON

2:47:28 UM.

2:47:29 PRICES ARE GOING UP.

2:47:30 UM, YOU TALK.

2:47:31 ABOUT DIESEL FUEL, IT IMPACTS

2:47:34 COMMODITIES THAT WE WE USE THE

2:47:35 BUILT UM ALL ACROSS THE BOARD

2:47:37 YOU HEAR YOU HEAR TARIFFS WE'RE

2:47:40 DEALING WITH IT BECAUSE THERE'S

2:47:41 CERTAIN MATERIALS AND EQUIPMENT

2:47:43 THAT'S BEING SOURCED OUT

2:47:44 OF THIS COUNTRY THAT WE NEED UH

2:47:46 TO ACTUALLY BUILD UM YOU HEAR.

2:47:50 UM SCARCITY OF OF LAND IN THE

2:47:52 BOSTON AREA THAT MEANS COSTS

2:47:55 COST TO BUY LAND IS IS IS

2:47:57 INCREASING AND IT MAKES IT EVEN

2:47:59 HARDER TO TO BUILD THAT UM

2:48:02 LAYER THAT THAT THAT LAYER

2:48:04 OF CAKE BETWEEN LAND HARD COSTS

2:48:08 AND YOUR MISCELLANEOUS OFF

2:48:10 COSTS TO BUILD TO BUILD A

2:48:11 PROJECT AND NOT HAVING THOSE

2:48:13 SUBSIDIES UM IT MAKES A HUGE

2:48:16 DIFFERENCE AND AS WE'RE LOOKING

2:48:18 I'LL BE.

2:48:18 QUITE HONEST WITH YOU AS AS WE

2:48:20 BUILT OUR.

2:48:21 OUR FIRM.

2:48:22 UM, IN THE AFFORDABLE.

2:48:25 UH, HOMEOWNERSHIP.

2:48:26 SPACE, ME AND MY BUSINESS

2:48:27 PARTNER.

2:48:27 OUR BACKGROUND IS COMMERCIAL

2:48:29 CONSTRUCTION.

2:48:30 BUT WHEN WE DECIDED TO.

2:48:32 UH, START OUR.

2:48:33 BUSINESS, WE INTENTIONALLY SAID

2:48:36 LET'S START IN THE

2:48:39 HOMEOWNERSHIP SPACE AND BECAUSE

2:48:40 ONE WE WANTED TO MAKE A

2:48:42 DIFFERENCE TWO.

2:48:43 WE WANTED TO, UM.

2:48:45 STRATEGICALLY SCALE OUR COMPANY

2:48:47 .

2:48:47 UM, AND THE CITY HAS BEEN A

2:48:50 GREAT PARTNER IN HELPING US TO

2:48:52 SCALE OUR BUSINESS AND WE'RE

2:48:53 VERY WE'RE VERY GRATEFUL

2:48:55 OF THAT AND WE'VE MADE A HUGE

2:48:57 IMPACT ON SOME OF THE FAMILIES

2:48:58 .

2:48:58 UH, WE'VE WE'VE.

2:49:00 HELD NUMEROUS.

2:49:02 UH.

2:49:02 RIBBON CUTTINGS WITH THE MAYOR

2:49:04 UH WITH FAMILIES THAT UM, ARE

2:49:06 MOVING IN.

2:49:07 SO IT'S SO IT'S PERSONAL I CAN.

2:49:10 TELL YOU I.

2:49:11 COULD SPEAK SO.

2:49:13 UM I COULD TELL YOU, UH.

2:49:15 THE BIGGEST IMPACT WAS THE

2:49:17 SMALLEST THING THAT WE DIDN'T

2:49:19 EVEN REALLY PAY ATTENTION TO.

2:49:21 UH, WE HAD A RIBBON CUTTING

2:49:22 WITH.

2:49:23 OUR FAMILY AND THE MAYOR ASKED

2:49:26 ,UM.

2:49:27 THE DAUGHTER OF THE.

2:49:29 THE PERSON THAT THAT MOVED

2:49:30 INTO THE HOME.

2:49:33 WHAT'S THE WHAT'S THE THING

2:49:35 THAT YOU LOVE MOST ABOUT YOUR

2:49:36 HOME?

2:49:37 AND SHE SAID THE STAIRS AND WE

2:49:41 ALL LOOK PUZZLED.

2:49:42 WE LOOKED AT HER LIKE PUZZLED.

2:49:43 SHE SAID THE STAIRS.

2:49:44 SHE'S LIKE FINALLY I I LIVE IN

2:49:47 A PLACE WHERE I COULD GO UP AND

2:49:49 DOWN THE STAIRS.

2:49:50 I COULD GO.

2:49:51 UP UPSTAIRS TO MY ROOM AND

2:49:52 COME DOWN TO MY LIVING AREA TO

2:49:54 EAT AND WE ALL STOOD THERE WERE

2:49:56 LIKE WOW, IT'S THE LITTLE

2:49:58 THINGS THAT YOU DON'T REALLY

2:50:00 THINK ABOUT THAT MAKES A HUGE

2:50:01 IMPACT ON PEOPLE'S OWN PEOPLE'S

2:50:03 LIFE AND AND WE'RE GRATEFUL FOR

2:50:05 THAT.

2:50:06 SO WE.

2:50:06 DEFINITELY DON'T WANT TO.

2:50:08 TRANSITION TO TO RENTAL BUT

2:50:10 WE'RE ALSO LOOKING AT HOW DO WE

2:50:13 UH MAINTAIN AS A BUSINESS AS

2:50:14 WELL RIGHT.

2:50:15 YEAH.

2:50:16 NO THANK YOU FOR THAT.

2:50:17 WE'RE YEAH GO AHEAD SORRY.

2:50:19 GO AHEAD.

2:50:20 SORRY YEAH.

2:50:20 SO THIS IS WHERE I JUST NEED TO

2:50:22 SAY THAT THE LEGISLATURE HAS

2:50:26 APPROVED JUST IN THE TWO

2:50:28 BIGGEST HOUSING CAPITAL

2:50:30 PROGRAMS OVER 650 MILLION.

2:50:32 THAT'S FOR HOMEOWNERSHIP AND

2:50:34 RENTAL IN THE STATE SINCE 2008

2:50:36 HAS SPENT ALL OF THAT MONEY ON

2:50:39 RENTAL.

2:50:40 UM, SO THERE ARE RESOURCES THAT

2:50:44 COULD BE AVAILABLE TO MAINTAIN

2:50:46 MORE OF THIS BALANCE.

2:50:48 THE MAYOR HAS SAID SHE'S

2:50:49 COMMITTED TO 20% OF NEW

2:50:51 AFFORDABLE HOUSING BEING

2:50:52 HOMEOWNERSHIP HOUSING, BUT SHE

2:50:54 NEEDS THAT STATE PARTNER UM,

2:50:57 AND THERE'S MONEY ALREADY

2:50:58 APPROPRIATED THAT COULD GO INTO

2:51:00 THAT.

2:51:01 UM, IT HURTS ME TO TO HEAR

2:51:02 ABOUT THE LIKE TECH UH, THE

2:51:05 LIGHT TECH CONVERSATION JUST

2:51:07 NOT THAT WE DON'T NEED

2:51:08 AFFORDABLE RENTALS.

2:51:09 WE'RE SAYING 80% AFFORDABLE

2:51:11 RENTALS.

2:51:12 BUT RIGHT NOW WE'RE, UH YOU

2:51:14 KNOW, 5% AFFORDABLE

2:51:16 HOMEOWNERSHIP.

2:51:17 UM, AND I THINK THAT THERE'S

2:51:19 HUGE OPPORTUNITY THERE'S ALSO

2:51:21 MORE AUTHORIZATION THERE THAN

2:51:23 THERE IS IN THE CAPITAL PLAN.

2:51:26 SO THE STATE COULD EITHER UP

2:51:29 THE AMOUNT OF CAPITAL HOUSING

2:51:31 FUNDING OVERALL AND ALLOCATE

2:51:34 ADDITIONAL TO HOMEOWNERSHIP IF

2:51:36 THEY REALLY FEEL LIKE THEY

2:51:37 CAN'T AFFORD IT, THEY SHOULD

2:51:39 JUST GIVE COMMUNITIES THE UM

2:51:41 ABILITY TO CHOOSE THE THE

2:51:43 AMOUNT OF EACH RENTAL AND

2:51:45 HOMEOWNERSHIP THAT THEY WANT

2:51:47 INSTEAD OF MAKING THE DECISION

2:51:49 FOR THE LOCAL COMMUNITIES.

2:51:51 YEAH.

2:51:52 NO NO AS AS EVERYONE KNOWS I

2:51:54 AM A BIG ADVOCATE FOR HOUSING

2:51:56 BUT I ALSO BIGGER ADVOCATE FOR

2:51:59 HOMEOWNERSHIP JUST BECAUSE

2:52:01 OF THE STABILITY I BELIEVE THAT

2:52:02 IT BRINGS TO A FAMILY UH,

2:52:04 KNOWING UM, YOU HAVE A

2:52:06 CONSISTENT AND PREDICTABLE

2:52:08 HOUSING PAYMENT EVERY MONTH.

2:52:10 UM, AND HEARING THAT THE THE

2:52:14 CPA BOARD IS ALSO THAT'S THEIR

2:52:16 PRIORITY WHEN THEY'RE INVESTING

2:52:19 INTO HOUSING UH PROJECTS

2:52:22 HOWEVER, YOU KNOW SEEING AND

2:52:25 HEARING THAT IS HARD.

2:52:26 FOR AFFORDABLE.

2:52:27 UH, DEVELOPERS TO EVEN CREATE

2:52:29 IT.

2:52:29 IT'S NOT EVEN BEING PRESENTED

2:52:30 TO THE BOARD RIGHT NOW.

2:52:32 SO I GUESS WHAT MY QUESTION IS

2:52:34 WHAT WHAT UH WHAT CAUSE WOULD

2:52:37 IT BE MORE FEASIBLE FOR YOU TO

2:52:40 CREATE HOMEOWNERSHIP UNITS?

2:52:43 I KNOW WE'RE AT $150,000 RIGHT

2:52:46 NOW IN SUBSIDIES PER UNIT.

2:52:48 I THINK CAMBRIDGE DOES, UH,

2:52:51 $250,000.

2:52:51 LIKE I'M NOT SURE IF YOU HAVE

2:52:54 THIS MATH ALREADY FIGURED OUT,

2:52:55 BUT I WOULD LOVE TO KNOW WHAT

2:52:56 WHAT CAN GET YOU BACK INTO, UM,

2:53:00 THE AFFORDABLE HOMEOWNERSHIP

2:53:01 CONVERSATION.

2:53:02 YEAH.

2:53:02 NO, ABSOLUTELY I.

2:53:03 COULD I COULD.

2:53:03 CERTAINLY GET BACK TO YOU WITH

2:53:05 THE MATH.

2:53:05 UM, BUT IT'S ALSO VERY

2:53:07 IMPORTANT TO TO SAY TO.

2:53:09 THERE'S A LOT OF PROJECTS THAT

2:53:11 ARE UM, SITTING IN.

2:53:13 THE PIPELINE THAT NEEDS UM,

2:53:15 SUBSIDY.

2:53:16 SO YOU'RE.

2:53:16 SO IT'S NOT.

2:53:17 ONLY JUST THE COST IS COMPETING

2:53:19 UH, FOR THOSE SCARCITY DOLLARS

2:53:22 TO BUILD THOSE UNITS.

2:53:23 I MEAN, JUST JUST LIKE I

2:53:25 MENTIONED, WE HAVE A.

2:53:27 LONG LIST OF.

2:53:28 PROJECTS, UM, THAT IS IN

2:53:30 PREDEVELOPMENT RIGHT NOW THAT'S

2:53:31 GOING TO BE UM THAT'S GOING TO

2:53:33 NEED FUNDING.

2:53:35 UM, AND I'M PRETTY SURE THERE'S

2:53:36 OTHER DEVELOPERS JUST LIKE

2:53:38 ME THAT'S LOOKING FOR FUNDING

2:53:40 AS WELL SUBSIDY DOLLARS.

2:53:41 AND THEN WHEN YOU'RE.

2:53:42 HOLDING IT LOOKING FOR

2:53:43 SUBSIDIES THE CARRYING COST

2:53:45 INCREASES WHICH I WOULD ASSUME

2:53:47 INCREASES THE AMOUNT

2:53:48 OF SUBSIDIES YOU POSSIBLY WOULD

2:53:50 NEED TO GET IT SHOVEL READY.

2:53:52 OH ABSOLUTELY.

2:53:52 SO RIGHT.

2:53:53 NOW I CAN TELL YOU'RE A REAL

2:53:55 LIVE STORY.

2:53:56 OF THAT.

2:53:56 WE HAVE WE HAVE A 15.

2:53:58 UNIT DEVELOPMENT UM THAT'S

2:54:00 SLATED FOR.

2:54:01 ON BLUE HILL AVE.

2:54:03 UM UH, 391.

2:54:05 AND 353 BLUE.

2:54:06 HILL AVE.

2:54:06 UM, IT'S.

2:54:08 SLATED TO BE ALL.

2:54:09 HOMEOWNERSHIP UH, PROJECT.

2:54:11 AND WE'VE BEEN.

2:54:12 FOR A LACK OF.

2:54:14 SUBSIDY AND AND.

2:54:16 COST ESCALATION.

2:54:17 WE'VE BEEN.

2:54:18 TRYING TO FIGURE OUT

2:54:19 CREATIVELY.

2:54:19 HOW DO WE.

2:54:21 GET THIS.

2:54:21 PROJECT TO THE CLOSING TABLE

2:54:24 ACTUALLY BRILLIANT.

2:54:25 UM.

2:54:26 THE MARKET HAS SHIFTED

2:54:28 TREMENDOUSLY AND WE WE WERE

2:54:31 ANTICIPATING UM, SOME.

2:54:32 SUBSIDY DOLLARS TO COME OUT

2:54:33 OF UM.

2:54:34 COMMONWEALTH BUILDER FUNDS

2:54:35 WHICH ESSENTIALLY HAS DRIED UP

2:54:38 AND THE CITY UH THE CITY HAS UH

2:54:40 STRICT LIMIT IN TERMS OF UH THE

2:54:43 DOLLARS.

2:54:43 PER UNIT SUBSIDY THAT THEY'RE

2:54:45 WILLING TO ALLOCATE.

2:54:46 SO USUALLY WE WOULD.

2:54:47 RELY ON.

2:54:48 COMMONWEALTH BUILDER FUNDS TO

2:54:49 BRIDGE THAT GAP AND

2:54:51 UNFORTUNATELY IT'S NOT

2:54:52 AVAILABLE.

2:54:53 SO NOW WE'RE.

2:54:54 TRYING TO FIGURE OUT CREATIVELY

2:54:55 HOW.

2:54:55 DO WE ACTUALLY GET THAT PROJECT

2:54:57 TO CLOSE.

2:54:58 SO UH SO WE COULD ACTUALLY

2:54:59 BUILD IT WITH RISING COSTS.

2:55:02 YEAH AND UH JUST.

2:55:03 TWO MORE.

2:55:04 QUESTIONS AND I SEE

2:55:06 COUNCILOR COPEPODS HERE.

2:55:09 UM.

2:55:14 OR MAYBE JUST ONE THEN THEN A

2:55:17 COMMENT UH, STEVE.

2:55:19 YOU KNOW.

2:55:20 CAN YOU TALK TO ME ABOUT

2:55:22 FEDERAL FUNDING AND HOW YOU

2:55:24 VIEW IT AFFECTING, UH, BOSTON'S

2:55:27 AFFORDABLE HOUSING CREATION AND

2:55:28 ALSO UM, WITHIN THAT

2:55:31 CONVERSATION THE AFFORDABLE.

2:55:31 HOMEOWNERSHIP CONVERSATION.

2:55:34 I THINK YOU KNOW, I THINK WHAT

2:55:35 WE'RE SEEING OBVIOUSLY IS THE

2:55:37 END UH, AT THIS CALENDAR YEAR,

2:55:38 THE END OF THE ARPA FUNDING

2:55:40 WHICH I THINK WAS WISELY A

2:55:42 GREAT DEAL OF IT WAS ALLOCATED

2:55:44 TOWARDS VARIOUS VARIOUS

2:55:45 AFFORDABLE HOUSING PROGRAMS,

2:55:47 UM, WHICH YOU KNOW, THERE'S NOT

2:55:49 A THERE'S NOT A POLICY MISTAKE

2:55:51 HERE.

2:55:51 RIGHT?

2:55:51 THE MONEY HAS SIMPLY RUN OUT

2:55:53 IT'S RUN OUT FOR EVERYBODY.

2:55:54 UM, SO I THINK THAT OBVIOUSLY

2:55:57 UH THAT OBVIOUSLY HAS AN IMPACT

2:55:59 I THINK YOU HAVE THE FEDERAL

2:56:00 ADMINISTRATION RIGHT NOW THAT I

2:56:01 THINK IT'S NOT AS FOCUSED.

2:56:03 ON.

2:56:03 AFFORDABLE HOUSING PRIORITIES

2:56:05 AS I THINK WE COLLECTIVELY

2:56:06 WOULD LIKE.

2:56:07 UM, SO I DO THINK UM I DO THINK

2:56:10 WE ARE YOU KNOW.

2:56:12 WE WE ARE SOMEWHAT SOMEWHAT ON

2:56:13 OUR OWN UH WITH OUR WITH OUR

2:56:16 STATE PARTNERS TO BE FAIR BUT

2:56:17 WE ARE ON OUR OWN IN TERMS

2:56:19 OF UM, YOU KNOW, THE FEDERAL

2:56:20 GOVERNMENT ISN'T GOING TO HAVE

2:56:22 UH ISN'T GOING TO ISN'T GOING

2:56:23 TO BE THE SOLUTION HERE UH, FOR

2:56:26 A NUMBER OF YEARS.

2:56:27 YEAH.

2:56:28 AND UH, I ALWAYS THINK ABOUT

2:56:30 YEAH, WE HAVE ADVOCACY AT UM ON

2:56:32 THE FEDERAL SIDE WE HAVE

2:56:34 ADVOCACY TO GET MORE MONEY AT

2:56:35 THE STATE HOUSE.

2:56:36 UM, BUT I ALWAYS WANT TO, YOU

2:56:38 KNOW, THINK ABOUT WHAT WE CAN

2:56:40 DO AS A CITY.

2:56:41 UH, WE HAVE LEVERS, UM, THAT

2:56:43 THAT WE CAN PULL.

2:56:44 UH, ONE OF THOSE LEVERS IS, YOU

2:56:46 KNOW, POSSIBLY THE CPA.

2:56:48 UM, INSTEAD OF HOPING AND

2:56:50 PRAYING THAT ANOTHER BODY, UM,

2:56:52 WILL ACT UM, IN OUR FAVOR

2:56:56 ESPECIALLY WHEN WE SEE, UM,

2:56:58 AFFORDABLE HOUSING DEVELOPERS

2:57:00 SAYING THAT THEY'RE PULLING

2:57:01 AWAY FROM AFFORDABLE

2:57:03 HOMEOWNERSHIP BECAUSE THE MONEY

2:57:06 IS DRYING UP.

2:57:07 AND I THINK THAT IS ONE OF THE

2:57:08 BEST WAYS UH, TO FIGHT UM,

2:57:11 OF MASS DISPLACEMENT IS THROUGH

2:57:12 AFFORDABLE HOMEOWNERSHIP.

2:57:14 UH, SO JUST HEARING UM, YOU

2:57:17 KNOW, THAT MONEY DRYING UP I DO

2:57:19 BELIEVE IS ALARMING.

2:57:20 UM, BUT I KNOW I DO HEAR THE

2:57:22 CONVERSATIONS AROUND THE OTHER

2:57:24 CATEGORIES WHEN IT COMES TO CPA

2:57:26 AND I, I DO FEEL THAT, YOU

2:57:29 KNOW, WE DO HAVE OTHER

2:57:30 ALTERNATIVE FUNDING AND SOURCES

2:57:32 UH, THAT WE CAN SUPPORT UH,

2:57:35 THOSE DIFFERENT CATEGORIES

2:57:36 WHETHER IT'S QUESTION SIX THE

2:57:38 CONSERVATION FUND UH, WHICH I

2:57:40 AM A SUPPORTER OF UH THE

2:57:42 CAPITAL BUDGET UH, BUT ALSO IF

2:57:45 WE WERE TO GROW HOUSING

2:57:47 PRODUCTION LIKE WE ARE ACTUALLY

2:57:49 GROWING THIS POT OF MONEY TO

2:57:51 HOPEFULLY GET MORE FUNDING TO

2:57:53 THOSE OTHER CATEGORIES.

2:57:55 SO I THINK WE'RE IN A TIME UM,

2:57:58 WHERE YOU KNOW, HOUSING

2:58:00 PRODUCTION HAS STALLED OUT UH,

2:58:01 PARTICULARLY THE AFFORDABLE

2:58:02 SIDE.

2:58:03 AND UM, I THINK IT'S A

2:58:07 CONVERSATION THAT YOU KNOW, I'M

2:58:09 HAPPY THAT WE'RE HAVING AND

2:58:10 HOPEFULLY WE'LL CONTINUE TO SEE

2:58:12 WHAT FLEXIBILITY UM, WE CAN

2:58:15 HAVE IN ORDER TO, YOU KNOW,

2:58:17 JUMP START BACK AFFORDABLE

2:58:20 HOMEOWNERSHIP TO HOPEFULLY GROW

2:58:21 THIS POT OF MONEY TO MAKE SURE

2:58:23 THAT ALL THE CATEGORIES ARE

2:58:25 RECEIVING MORE UH, THAT'S ALL I

2:58:27 HAVE FOR NOW, CHAIR.

2:58:28 THANK YOU, COUNCILOR CULPEPPER.

2:58:32 UM.

2:58:33 A LAP LAST LAST THING AND A

2:58:35 VERY LAST THING.

2:58:36 LAST THING.

2:58:38 UM, AND HOPEFULLY I KNOW YOU

2:58:39 ALSO ASK THIS QUESTION.

2:58:41 UM, WE LOVE WHEN EXECUTIVE

2:58:44 BROWN, UH, BRINGS BACK THE

2:58:46 ANALYSIS ON BOND AND AGAINST

2:58:49 EPA UH, TO KIND OF, YOU KNOW,

2:58:50 SIT DOWN WITH YOU, STEVE AND

2:58:52 ANYONE WHO ELSE IS INTERESTED

2:58:54 TO UNDERSTAND LIKE THE IMPACTS

2:58:56 UH THAT THAT THAT THAT WOULD

2:58:57 HAVE THANK YOU.

2:59:00 COUNCILOR CULPEPER.

2:59:01 UM, I'M GOING TO GIVE YOU AN

2:59:04 OPPORTUNITY TO, YOU KNOW, SAY

2:59:06 STATEMENT OR ASK A QUESTION.

2:59:09 UM, YOU HAVE SEVEN MINUTES.

2:59:11 ASK A QUESTION.

2:59:13 YOU ASK QUESTIONS SEVEN

2:59:15 MINUTES.

2:59:15 THANK YOU, MR CHAIR, FOR

2:59:16 HOLDING THIS HEARING.

2:59:18 THANK YOU CONSTABLE WELL FOR

2:59:20 BRINGING.

2:59:20 THIS SIGNIFICANT AND IMPORTANT

2:59:23 HEARING OVER TO FORWARD FOR

2:59:25 ADDING ME AS AN ORIGINAL

2:59:26 CO-SPONSOR.

2:59:27 THANK YOU FOR THE

2:59:30 ADMINISTRATION TESTIMONY.

2:59:32 I SEE THAT BEING HAS GONE BUT I

2:59:34 THANK YOU ALL FOR STILL BEING

2:59:35 HERE BECAUSE FOR ME HOUSING IS

2:59:39 .

2:59:41 PROBABLY THE MOST SIGNIFICANT

2:59:43 ISSUE UH.

2:59:45 WORKED ON IN MY.

2:59:46 PROFESSIONAL LIFE.

2:59:48 I SEE THE SIGNIFICANCE OF IT.

2:59:50 I SEE THE IMPORTANCE OF IT.

2:59:52 I SEE HOW THE CPA SUPPORTED AND

2:59:56 HELPED BRING ABOUT MORE HOUSING

2:59:58 WHETHER IT'S HOMEOWNERSHIP,

3:00:00 WHETHER IT'S AFFORDABLE HOUSING

3:00:01 .

3:00:02 I SEE WE'RE LOSING $240 MILLION

3:00:05 IN FEDERAL ARPA FUNDING FOR

3:00:08 AFFORDABLE HOUSING THAT'S

3:00:10 COMING TO AN END.

3:00:13 AND WE ALL KNOW THAT NEXT

3:00:15 YEAR'S BUDGET CYCLE IS GOING TO

3:00:17 BE A VERY DIFFICULT YEAR NOW IT

3:00:19 WAS DIFFICULT THIS YEAR, BUT

3:00:22 NEXT YEAR IT'S GOING TO BE EVEN

3:00:23 MORE DIFFICULT BECAUSE WHEN YOU

3:00:25 LOOK AT THE ARPA FUNDING THAT

3:00:27 WE'RE GOING TO BE LOSING, IT'S

3:00:29 COMING TO AN END NOT JUST FOR

3:00:31 THE CPA BUT IN MANY OTHER AREAS

3:00:34 .

3:00:35 THE BUDGET CONVERSATION NEXT

3:00:38 YEAR IS GOING TO BE TRYING TO

3:00:41 STEAL FROM PETER TO PAY PAUL.

3:00:43 I MEAN WE'RE GOING TO BE IN A

3:00:44 TOUGH BUDGET CYCLE NEXT YEAR.

3:00:46 .

3:00:47 AND WHEN IT COMES TO HOUSING,

3:00:49 UH THE WAY HOUSING HAS STALLED

3:00:52 ESPECIALLY WITH LOSING THIS

3:00:53 FUNDING UM AND I SEE THE

3:00:58 QUESTION IS HOW DO YOU TAKE.

3:01:01 MONEY FROM OTHER AREAS OF THE

3:01:03 CPA TO ALLOCATE TO HOUSING THE

3:01:07 ALLOCATION TO 50%?

3:01:09 NOW HOW DO YOU WHERE DO YOU GET

3:01:10 THAT OTHER 20 TO 30% FROM

3:01:14 BECAUSE.

3:01:16 CPA DOES A GREAT JOB IN

3:01:19 SUPPORTING UH HISTORIC

3:01:22 PRESERVATION.

3:01:25 UH DEVELOPMENTS AND WITHOUT A.

3:01:27 CPA I CAN TELL YOU THAT MANY

3:01:29 OF THE CHURCHES WOULDN'T BE

3:01:30 ABLE TO DO THE WORK THAT THEY

3:01:33 DO TO TODAY.

3:01:34 MANY OF THE CHURCHES THAT HAVE.

3:01:38 UH.

3:01:39 USED THAT CPA MONEY AS

3:01:42 REALLY CAPITAL FUNDING TO MAKE

3:01:45 UPGRADES ON THE CHURCHES UH MAY

3:01:49 NOT BE THERE.

3:01:50 AND THE WAY IT IS NOW WHEN YOU

3:01:52 LOOK AT UH OPEN SPACES YOU LOOK

3:01:55 AT RECREATION WHEN YOU LOOK AT

3:01:59 THE SIGNIFICANCE OF CPA AND YOU

3:02:02 THINK ABOUT.

3:02:05 THE AWKWARD FUNDS AND HOW

3:02:07 SIGNIFICANT THEY WERE AND NOW

3:02:09 YOU AT A POINT YOU'RE AT A

3:02:10 POINT WHERE YOU'RE TRYING TO

3:02:11 FIGURE OUT HOW DO YOU LEVERAGE

3:02:16 THE MONEY THROUGH THE CPA THAT

3:02:18 YOU WILL HAVE UH, WHAT REALLY

3:02:22 WON'T BE AS MUCH NEXT YEAR AS

3:02:25 YOU HAVE THIS YEAR?

3:02:27 AND SO I KNOW FOR DEVELOPERS I

3:02:28 KNOW IT'S A CHALLENGE.

3:02:31 UH.

3:02:32 BUT NOT ONLY FOR THE

3:02:34 DEVELOPERS I THINK FOR THE CITY

3:02:38 WE'RE GOING TO HAVE BUDGET

3:02:39 CHALLENGES NEXT YEAR UH, UNLESS

3:02:41 WE FIND MONEY FROM SOMEPLACE.

3:02:44 UH, AND SO.

3:02:47 MY QUESTION TO YOU IS.

3:02:51 AND I'M SURE YOU'VE THOUGHT A

3:02:53 LOT ABOUT WHERE DO YOU PULL

3:02:54 FROM WITHIN THE CPA BUDGET TO.

3:03:02 TRANSITION MONEY FROM OTHER

3:03:04 AREAS TO HOUSING?

3:03:07 WHERE WOULD YOU RECOMMEND THAT

3:03:09 MONEY COME FROM TO SUPPORT NOT

3:03:13 EVEN THE LEVEL OF FUNDING FOR

3:03:15 HOUSING THAT YOU HAVE THIS YEAR

3:03:18 ?

3:03:19 UH, BUT EVEN IF YOU COULD FIND

3:03:21 10% I'M NOT TALKING ABOUT 20 OR

3:03:24 30.

3:03:24 WHERE WOULD YOU FIND 10% TO ADD

3:03:27 TO THE HOUSING ALLOCATION

3:03:30 FUNDING?

3:03:33 I THINK.

3:03:35 I FIRST OF ALL I WOULD

3:03:36 OBVIOUSLY DEFER TO THE JUDGMENT

3:03:38 OF OF THIS BODY IN THE CPC UH,

3:03:40 OF HOW TO DO THAT.

3:03:41 I MEAN THERE'S A COUPLE

3:03:42 PATHWAYS THERE.

3:03:44 UM ONE THAT UH SENIOR DIRECTOR

3:03:46 BROWN.

3:03:47 I THINK ALLUDED TO I DON'T WANT

3:03:49 TO.

3:03:49 SHE DIDN'T.

3:03:51 ADVOCATE FOR THAT TO BE

3:03:52 CLEAR.

3:03:52 I WANT TO SORT OF MAKE THAT

3:03:54 CLEAR WHERE SHE TALKED ABOUT

3:03:55 THAT.

3:03:56 YOU KNOW, THE CURRENT BREAKDOWN

3:03:58 IS 50% TO HOUSING, 20% HISTORIC

3:04:02 PRESERVATION, 20% UH, TO OPEN

3:04:05 SPACE AND THEN THERE'S A

3:04:06 DISCRETIONARY 10% ONE COULD

3:04:07 TAKE THAT DISCRETIONARY 10% AND

3:04:10 ALLOCATE IT ALL TO HOUSING AND

3:04:12 THEN AFTER THAT IT BECOMES A

3:04:14 ZERO SUM GAME.

3:04:15 UM YOU HAVE TO TAKE FROM YOU

3:04:17 HAVE TO TAKE FROM ONE TO THE

3:04:19 OTHER AND I THINK YOU KNOW AS I

3:04:20 SAID IN MY TESTIMONY THAT IS

3:04:22 PART OF THE PRIORITY SETTING

3:04:23 THAT POLITICAL BODIES ENGAGE IN

3:04:26 ALL THE TIME.

3:04:27 RIGHT?

3:04:27 AND IT CAN BE IT'S

3:04:28 UNCOMFORTABLE IN THIS CASE

3:04:29 BECAUSE IT IS.

3:04:30 ZERO SUM.

3:04:31 UM BUT.

3:04:31 YOU ARE.

3:04:32 SETTING THE PRIORITIES.

3:04:34 WHAT WOULD YOU SET AS

3:04:37 PRIORITIES.

3:04:38 I THINK I MEAN I THINK HOUSING

3:04:40 IS THE PRIORITY.

3:04:42 UM THAT SAID I DON'T HAVE I

3:04:45 DON'T HAVE A NUMBER AT MY

3:04:46 FINGERTIPS OF WHAT IT SHOULD

3:04:47 BE.

3:04:48 UM BUT I THINK YOU KNOW, I

3:04:49 THINK THIS IS A POTENTIALLY

3:04:50 POWERFUL TOOL TO ADDRESS

3:04:53 FUNDING ISSUES WITH AFFORDABLE

3:04:55 HOUSING.

3:04:57 SO YOU WOULD RIGHT OFF THE TOP.

3:05:00 UM, I DIDN'T HEAR, UH, THAT IN

3:05:03 BROWN'S TESTIMONY, BUT THERE'S

3:05:08 A SUGGESTION OR MAYBE INFERENCE

3:05:10 FROM WHAT SHE SAID THAT MAYBE

3:05:12 YOU TAKE THE 10% RIGHT OFF THE

3:05:15 BACK.

3:05:15 LET'S SAY YOU DO THAT.

3:05:17 TAKE THE 10%.

3:05:19 WHERE WOULD YOU GO NEXT?

3:05:21 I WOULD SO JUST TO BE CLEAR I

3:05:23 WANT TO BE I DON'T KNOW I DON'T

3:05:25 WANT TO BE FAIR TO SO YOU TALK

3:05:26 ABOUT IT I DON'T THINK SHE'S

3:05:27 NOT PUTTING.

3:05:27 ANYTHING ON IT.

3:05:28 SHE JUST LAY IT SHE JUST LAY

3:05:29 IT OUT.

3:05:30 THIS IS HOW THE FRAMEWORK

3:05:31 WORKS.

3:05:31 YOU HAVE A DISCRETIONARY 10%.

3:05:33 UM AND I.

3:05:34 SAID INFERENCE.

3:05:35 START THERE AND.

3:05:36 INFERENCE RIGHT.

3:05:37 NOT HER WORDS.

3:05:38 NO NO NO MEAN YOU'RE REAL

3:05:39 INFERENCE.

3:05:40 YOU'RE JUST TALKING ABOUT YOU.

3:05:41 AND I DON'T WANT GET ANYONE

3:05:42 IN TROUBLE.

3:05:42 NO NO NO NO.

3:05:43 YOU KNOW, HARM.

3:05:44 IS MY UH MY GOAL.

3:05:46 SO YEAH I SAID YOUR INFERENCE.

3:05:47 THERE, SIR.

3:05:48 WHERE WOULD YOU GO NEXT?

3:05:51 YOU KNOW I DON'T UM I DON'T

3:05:54 HAVE A I DON'T HAVE A FORMULA

3:05:56 BY WHICH, UM YOU KNOW THAT I

3:05:58 WOULD IT'S ALSO DIFFICULT TO

3:06:01 KNOW ABSENT UH, THERE'S THE

3:06:04 CONCEPTUAL IDEA OF WE'RE

3:06:05 PLAYING WITH PERCENTAGES.

3:06:06 THERE'S ALSO A BOTTOM UP

3:06:09 ANALYSIS OF WHAT ARE THE

3:06:10 PROJECTS IN THE Q AND I.

3:06:12 I HAVE NO VISIBILITY ON THE

3:06:14 PROJECTS IN THE Q THAT WOULD

3:06:15 PROBABLY THAT WOULD PROBABLY

3:06:17 COME INTO MY THINKING IF

3:06:19 THERE'S WONDERFUL YOU KNOW, IF

3:06:20 THERE'S WONDERFUL HISTORIC

3:06:21 PRESERVATION PROJECTS AND

3:06:22 THERE'S A PAUCITY OF OPEN SPACE

3:06:25 PROJECTS, I WOULD THINK

3:06:27 DIFFERENTLY ABOUT IT.

3:06:30 YOU WANT TO TAKE A STAB AT IT?

3:06:32 YEAH.

3:06:32 I'M SORRY.

3:06:33 HE.

3:06:35 NO COME ON, LET'S HEAR.

3:06:35 THAT'S NO I UM.

3:06:38 AND I.

3:06:39 UNDERSTAND HOUSING.

3:06:40 AND WHAT'S IN THE Q YOU KNOW

3:06:42 WE DON'T KNOW RIGHT NOW BUT

3:06:44 LET'S.

3:06:44 SAY YOU TAKE THAT 10% AND WE'RE

3:06:46 NOT.

3:06:48 CONNECTING THAT WITH ANYTHING.

3:06:50 THAT THAT EVEN BROWN SAID LET'S

3:06:52 JUST SAY WE ASSUME WE TAKE THAT

3:06:54 TO SO WHERE DO YOU GO NEXT?

3:06:56 I'M A DATA GUY.

3:06:59 UM SO I WOULD NEED THE DATA TO

3:07:00 SAY NO.

3:07:02 I'M BEING QUITE HONEST WITH

3:07:02 YOU.

3:07:03 I WOULD NEED TO SEE THE DATA

3:07:04 OF.

3:07:05 ONE TO HIS POINT THE PROJECTS

3:07:07 THAT ARE IN THE Q BUT TWO

3:07:09 HISTORICALLY.

3:07:09 HOW MUCH MONEY HAVE.

3:07:11 BEEN SPENT IN THOSE UH AND

3:07:12 THOSE DIFFERENT BUCKETS FOR THE

3:07:14 PAST FIVE YEARS JUST TO MAKE.

3:07:17 A REAL.

3:07:18 SOUND JUDGMENT.

3:07:19 OBVIOUSLY AFFORDABLE.

3:07:20 HOUSING THIS.

3:07:21 IS MY REALM.

3:07:22 THIS IS WHAT UM, I BUILD UM,

3:07:25 I'M VERY A STRONG ADVOCATE

3:07:26 OF AFFORDABLE HOUSING SO I

3:07:28 THINK THERE'S A HUGE NEED FOR

3:07:29 IT.

3:07:29 BUT AT THE SAME TIME, JUST TO

3:07:31 BE FAIR, I WOULD WANT TO SEE

3:07:34 THE DATA AND AND REALLY DIVE IN

3:07:37 AND SEE OKAY WHAT.

3:07:38 WHAT ARE SOME OF THE

3:07:39 PRIORITIES.

3:07:40 WHAT ARE SOME OF THE NEEDS

3:07:41 UM HOW MUCH HAVE WE SPENT THE

3:07:43 PAST FIVE YEARS?

3:07:44 DOES IT REALLY MAKE SENSE FOR

3:07:47 OPEN SPACE TO HAVE 20% IF

3:07:49 THEY'VE ONLY SPENT 10% OR IF

3:07:51 THEY OR IT DOES, IT REALLY

3:07:53 MAKES SENSE TO CUT THEIR

3:07:54 FUNDING IF THEY HAVE A BACKLOG

3:07:57 OF 30%.

3:07:58 RIGHT?

3:07:59 SO IT'S.

3:08:00 YOU REALLY WANT.

3:08:01 TO LOOK AT THE DATA JUST TO

3:08:02 BE FAIR.

3:08:03 UM QUITE HONEST.

3:08:04 THAT'S FAIR THAT I LIKE THAT

3:08:08 PERSPECTIVE.

3:08:08 IT'S FAIR IT'S A FAIR

3:08:09 PERSPECTIVE TO LOOK AT THE DATA

3:08:11 BUT.

3:08:13 I'M NOT SURE WE.

3:08:14 WANT TO LOOK AT THE DATA,

3:08:16 ESPECIALLY WHEN WE LOOK AT WHAT

3:08:19 WE SPENT IN THE PAST ON

3:08:20 HISTORIC PRESERVATION.

3:08:22 THAT'S BEEN A GREAT.

3:08:24 PROGRAM AND THE CITY OF BOSTON

3:08:26 WITH REGARD TO.

3:08:29 OLDER BUILDINGS.

3:08:31 AND SUSTAINING OLDER BUILDINGS

3:08:33 OR SO I KNOW I WAS LATE I KNOW.

3:08:40 COUNCILOR PEPEN AND

3:08:41 COUNCIL WERE WELL COVERED MOST

3:08:43 OF UH WHAT I WOULD PROBABLY

3:08:44 ASK.

3:08:45 SO I LOOK AT THE HEARING I LOOK

3:08:47 AT THE LINK AND LOOK AT THE

3:08:48 HEARING.

3:08:48 THANK YOU, MR CHAIR.

3:08:49 THANK YOU.

3:08:51 UM, WHAT DO YOU GENTLEMEN

3:08:54 LIKE TO PROVIDE CLOSING REMARKS

3:08:57 OR ANY FINAL STATEMENTS?

3:08:58 NO.

3:08:59 AGAIN I'M.

3:09:00 I'M A VERY STRONG.

3:09:01 ADVOCATE OF I THINK

3:09:03 OF AFFORDABLE HOUSING IN

3:09:04 FINDING ANY OPPORTUNITY TO

3:09:06 RAISE THE PERCENTAGE UM BUT

3:09:07 AGAIN, JUST TO BE FAIR, JUST

3:09:09 LIKE I ANSWERED UM, COUNCILOR.

3:09:12 CULPEPPER.

3:09:13 UM.

3:09:14 YOU REALLY.

3:09:14 WANT TO LOOK AT THE DATA

3:09:15 JUST TO BE FAIR IN TERMS

3:09:17 OF WHERE YOU MAKE CUTS OR

3:09:18 WHERE.

3:09:19 HOW DO YOU.

3:09:19 UH, REALLOCATE SOME OF THAT

3:09:20 PIECE OF THE PIE?

3:09:22 UM, BUT WE I'M A VERY STRONG

3:09:24 ADVOCATE OF AFFORDABLE HOUSING.

3:09:26 I THINK THERE'S THERE'S A HUGE

3:09:28 NEED FOR.

3:09:29 WHAT WE DO.

3:09:30 IN.

3:09:30 THE HOMEOWNERSHIP REALM AND WE

3:09:32 REALLY DEPEND ON IT.

3:09:34 JUST YOU KNOW, JUST IN CLOSING,

3:09:36 THANKS.

3:09:37 UH, APPRECIATE THE OPPORTUNITY

3:09:39 TO TESTIFY.

3:09:40 UM, YOU KNOW, I THINK WE TALKED

3:09:41 ABOUT THIS IS POTENTIALLY A

3:09:43 POWERFUL TOOL FOR INCREASING

3:09:44 FUNDING FOR AFFORDABLE HOUSING.

3:09:46 IT IS ON SOME LEVEL AS

3:09:49 COUNCILOR CULPEPER INDICATED IN

3:09:50 HIS QUESTION, IT IS ZERO SUM.

3:09:52 WE'RE TAKING AWAY MONEY FROM

3:09:54 OTHER PROGRAMS THAT HAVE

3:09:55 VIRTUOUS INTENT AND OUTCOMES.

3:09:58 BUT I THINK IT IS ONE IT IS ONE

3:09:59 THAT IS WORTH IT IS A

3:10:01 DISCUSSION THAT IS WELL WORTH

3:10:02 HAVING, PARTICULARLY IN THIS

3:10:03 MOMENT WHERE WE ARE STRUGGLING

3:10:05 TO PRODUCE ENOUGH HOUSING AND

3:10:07 ENOUGH AFFORDABLE HOUSING FOR

3:10:08 OUR COMMUNITIES.

3:10:09 THANK YOU I HILLARY.

3:10:12 JUST THANK YOU FOR INCLUDING

3:10:14 ME IN THE CONVERSATION.

3:10:16 OF COURSE I REALLY DO

3:10:17 APPRECIATE THE WORK THAT YOU

3:10:18 ALL DO IN YOUR RESPECTIVE

3:10:19 FIELDS.

3:10:21 UM AS STEVE MENTIONED,

3:10:22 DEFINITELY A CONVERSATION WORTH

3:10:24 HAVING SO THANK YOU FOR BEING

3:10:25 TODAY ON THE PANEL.

3:10:27 UM, BEFORE I CONCLUDE I BELIEVE

3:10:30 THERE IS A VIDEO TESTIMONY UM,

3:10:35 THE WE WERE GOING TO SHOW.

3:10:48 GOOD MORNING.

3:10:49 MY NAME IS LAURIE RABIN I LIVE

3:10:51 IN ROSLINDALE.

3:10:51 THIS IS FOR DOCKET 1601.

3:10:53 THANK YOU VERY MUCH FOR TAKING

3:10:55 THE TESTIMONY TODAY.

3:10:56 I COME FROM A FAMILY THAT

3:10:58 BELIEVES IN PUBLIC FUNDING FOR

3:10:59 PUBLIC GOOD.

3:11:00 MY DAD HELPED START THE

3:11:01 MUSICIANS UNION IN LOS ANGELES

3:11:03 AND MY MOTHER SERVED FOR

3:11:04 DECADES ON THE BOARD OF THE

3:11:06 L.A. VALLEY PROGRESSIVE

3:11:07 DEMOCRATS.

3:11:08 I SUPPORT NEW REVENUE FOR

3:11:10 AFFORDABLE HOUSING.

3:11:10 I ALSO BELIEVE THAT PUBLIC

3:11:12 FUNDING NEEDS CLEAR GUARDRAILS.

3:11:14 PUBLIC FUNDING SHOULD COME WITH

3:11:16 ENFORCEABLE COMMITMENTS TO

3:11:17 AFFORDABLE HOUSING, TO SAFE

3:11:19 DEMOLITIONS, TO TIMELY ANSWERS

3:11:21 TO NEIGHBORS AND MEANINGFUL

3:11:22 RELOCATION SUPPORT FOR HOUSING

3:11:25 PRICED JUST BELOW MARKET RATE

3:11:27 IS NOT AFFORDABLE OR ACCESSIBLE

3:11:29 FOR NEARLY EVERYONE WHO'S.

3:11:30 RENT BURDENED.

3:11:31 WE NEED CLEAR AFFORDABILITY

3:11:33 STANDARDS TO REFLECT THEIR

3:11:34 INCOMES.

3:11:35 SECOND, A CPA FUNDED PROJECT IN

3:11:38 ROSLINDALE PROVIDES AN EXAMPLE

3:11:39 OF THE NEED FOR GUARDRAILS

3:11:42 DURING DEMOLITION.

3:11:42 FOR EXAMPLE, RESIDENTS RAISED

3:11:43 SERIOUS CONCERNS ABOUT

3:11:45 PARTICULATE MATTER IN THE AIR,

3:11:47 ABOUT DEBRIS, ABOUT AIR QUALITY

3:11:51 PARTICULARLY IN THIS

3:11:52 NEIGHBORHOOD WITH FOUR

3:11:53 CHILDCARE CENTERS AND A

3:11:56 ENVIRONMENTAL JUSTICE BURDENED

3:11:59 BY NEPA, A CITY LEADERS SAID.

3:12:03 WELL, YOU KNOW, THE PROTOCOLS

3:12:04 WERE GENERALLY BEING FOLLOWED

3:12:06 BUT AGAIN, IF MY CONDITIONS

3:12:07 NEEDED TO BE TIGHTENED UP, WE

3:12:10 ALSO CONTINUE TO SEEK

3:12:11 DOCUMENTATION SHOWING WHAT

3:12:12 RELOCATION SYSTEM ASSISTANCE

3:12:14 WAS PROVIDED TO BUSINESSES IN

3:12:15 THE DEMOLISHED BUILDING.

3:12:17 THESE ARE BUSINESSES OWNED BY

3:12:19 IMMIGRANTS THAT HAD SERVED THIS

3:12:20 SQUARE FOR DECADES.

3:12:22 WAS THERE SUPPORT HELP THEM

3:12:24 REMAIN IN OUR COMMUNITY?

3:12:26 THIRD, I RESPECTFULLY ASK THE

3:12:28 COUNCIL PRESIDENT AND BP TO

3:12:30 ASSURE THAT OVERSIGHT

3:12:31 OF HOUSING AND DEVELOPMENT

3:12:32 FUNDS INCLUDE A BROAD RANGE

3:12:34 OF CITY COUNCIL COMMITTEE

3:12:35 CHAIRS.

3:12:36 THIS WOULD HELP BRING MORE

3:12:37 NEIGHBORHOOD VOICES INTO THE

3:12:39 PROCESS, ENCOURAGE MEANINGFUL

3:12:41 INPUT FROM THOSE MOST AFFECTED

3:12:43 WITH CLEAR STANDARDS AND SHARED

3:12:45 OVERSIGHT, WE CAN CREATE

3:12:46 AFFORDABLE HOMES WHILE

3:12:48 PROTECTING THE PEOPLE AND

3:12:49 BUSINESSES THAT ARE ALREADY

3:12:50 THERE.

3:12:51 THIS WOULD TRULY BE PUBLIC

3:12:52 MONEY FOR PUBLIC GOOD AND THANK

3:12:54 YOU VERY MUCH.

3:12:58 PERFECT COUNCILOR WORRELL.

3:13:00 WOULD YOU LIKE TO PROVIDE ANY

3:13:02 CLOSING REMARKS?

3:13:05 THANK YOU CHAIR.

3:13:06 UH THANK YOU CENTRAL STAFF.

3:13:07 THANK YOU TO MY TEAM.

3:13:08 UH, THANK YOU TO THE PANELISTS.

3:13:10 UH THANK YOU, UM, FOR THE

3:13:12 REPORT.

3:13:14 UM AND THANK YOU TO MY

3:13:15 COLLEAGUES UH, FOR UH FOR GREAT

3:13:17 QUESTIONS AND JUST LOOKING TO

3:13:19 CONTINUE THIS CONVERSATION.

3:13:21 UM, AND AGAIN FOR ME AS A

3:13:24 HOUSING ADVOCATE HEARING, UM,

3:13:29 AFFORDABLE HOUSING AND

3:13:31 AFFORDABLE HOMEOWNERSHIP, UH,

3:13:32 FUNDS STARTING TO DRY UP UM,

3:13:34 THAT THAT IS ALARMING.

3:13:36 UM, KNOWING UM, THAT THERE'S AN

3:13:39 OPPORTUNITY TO POSSIBLY FIND

3:13:41 SOME OF THE OTHER CATEGORIES ON

3:13:42 CPR ON THE CAPITAL BUDGET TO A

3:13:45 CONSERVATION FUND UM, IN OTHER

3:13:47 ALTERNATIVES SOURCE OF FUNDING

3:13:48 .

3:13:49 UM, THIS IS A GOOD CONVERSATION

3:13:51 TO HAVE AS A COUNCIL TO SEE

3:13:52 WHAT DIRECTION AND HOW DO YOU

3:13:54 WANT TO ALLOCATE OUR RESOURCES

3:13:55 AND WHAT OUR PRIORITIES ARE.

3:13:57 UM, AGAIN, JUST LOOKING FORWARD

3:13:59 TO UH, CONTINUING THIS

3:14:01 CONVERSATION, UH, TO MAKING A

3:14:03 DECISION UM, UH, ON YOU KNOW

3:14:06 WHAT OUR STANCE AS A BODY UM,

3:14:08 WILL BE UH BUT AGAIN, THANK YOU

3:14:11 FOR LENDING YOUR EXPERTISE,

3:14:13 YOUR EXPERIENCE TO THIS

3:14:15 CONVERSATION AND HOPEFULLY UM,

3:14:17 WE WILL TAKE THAT INTO

3:14:18 CONSIDERATION AND TRY TO FIND A

3:14:20 WAY FORWARD.

3:14:21 SO THANK YOU.

3:14:22 UM, AND ALSO THANK YOU TO

3:14:23 EVERYONE WHO CAME IN LENT THEIR

3:14:25 VOICES THIS CONVERSATION.

3:14:27 THANK YOU.

3:14:28 I'D ALSO JUST LIKE TO TAKE A

3:14:29 MOMENT TO THANK EXECUTIVE

3:14:30 DIRECTOR LADY AND BROWN FOR HER

3:14:32 WORK AND HER TESTIMONY THIS

3:14:34 MORNING TO ALL THE PUBLIC

3:14:36 TESTIMONIES THAT WE HEARD FROM

3:14:37 MEMBERS OF THE COMMUNITY AND TO

3:14:39 THE WORK THAT YOU ALL DO AS

3:14:40 WELL, UM, FOR PROVIDING YOUR

3:14:43 EXPERTISE IN THE SPECIFIC

3:14:44 SECTORS THAT YOU GUYS WORK AND

3:14:45 UM, WITH THAT THIS HEARING ON.

3:14:48 YES SIR.

3:14:49 LET ME JUST.

3:14:50 MAKE A FINAL.

3:14:52 QUICK REMARK.

3:14:54 BECAUSE THE SIGNIFICANCE

3:14:57 OF THESE CONVERSATIONS ARE

3:15:00 GOING TO BE SO IMPORTANT NEXT.

3:15:01 YEAR AND I THINK IT'S IMPORTANT

3:15:05 AND.

3:15:07 I THINK.

3:15:08 FOR US TO BE HAVING THESE

3:15:10 DISCUSSIONS THIS EARLY BEFORE A

3:15:12 BUDGET NEXT YEAR, I THINK WE

3:15:15 NEED MORE AND MORE OF THESE

3:15:16 DISCUSSIONS BECAUSE THE MORE WE

3:15:18 DISCUSS IT NOW BEFORE WE GET TO

3:15:21 THAT POINT WE'LL BEGIN TO MAKE

3:15:23 DECISIONS AS WE MAKE UH,

3:15:27 CHOICES DURING THE BUDGET.

3:15:29 SO I REALLY THANK YOU.

3:15:30 FOR YOUR SUGGESTIONS

3:15:32 OF RECOMMENDATION.

3:15:33 I'M GOING TO LOOK AT THE.

3:15:34 DATA UH, BECAUSE I THINK THE

3:15:36 DATA REALLY TELLS.

3:15:38 YOU WHERE YOU GO.

3:15:39 WHERE YOU DON'T GO.

3:15:40 LOOK, I JUST THINK IT'S

3:15:42 IMPORTANT THAT WE START TALKING

3:15:44 ABOUT THESE BUDGET ISSUES NOW

3:15:46 AND NOT WAIT UNTIL THE LAST

3:15:47 MINUTE AND TRY AND FIGURE OUT

3:15:49 WHERE WE GO AT THE LAST MINUTE.

3:15:52 SO I JUST WANT TO THANK YOU.

3:15:53 THANK YOU, MR CHAIR.

3:15:54 THIS HEARING AND THANK YOU SO

3:15:56 WELL I NEED STAFF BECAUSE I

3:15:58 THINK.

3:15:58 WE NEED MORE OF THESE HEARINGS

3:16:00 ON THE DIFFERENT AREAS THAT WE

3:16:03 KNOW WE'RE GOING TO HAVE

3:16:04 TROUBLE WITH WHEN BUDGET TIME

3:16:06 COMES, THE MORE WE DISCUSS IT

3:16:07 NOW, UH, THE BETTER PREPARED

3:16:09 WILL BE WITH INFORMATION ABOUT

3:16:12 WHICH WAY WE GO NEXT.

3:16:14 YEAH.

3:16:14 THANK YOU SO MUCH.

3:16:15 THANK YOU.

3:16:16 THIS HEARING ON DOCKET NUMBER

3:16:19 1601 IS ADJOURNED.

3:16:21 THANK YOU, THANK YOU.

3:16:30 UM.

3:16:34 GO.