2026-10-20 - Community Preservation Act Committee

00:41IS ENRIQUE PEPEN, DISTRICT

00:43FIVE CITY COUNCILOR AND I AM

00:44THE CHAIR OF THE BOSTON CITY

00:47COUNCIL COMMITTEE ON COMMUNITY

00:48PRESERVATION ACT.

00:50TODAY IS OCTOBER 20TH 2026 AND

00:53THE EXACT TIME IS 10:39 A.M.

00:57THIS HEARING IS BEING RECORDED.

00:58IT IS ALSO BEING LIVE STREAMED

01:02AT BOSTON.GOV/CITY COUNCIL DASH

01:04TV AND BROADCAST ON XFINITY

01:06CHANNEL EIGHT, RCN CHANNEL 82

01:09AND FILES CHANNEL NINE SIX FOR

01:12READING.

01:12COMMENTS MAY BE SENT TO THE

01:13COMMITTEE EMAIL AT SIX KPA AT

01:17BOSTON GOV AND WILL BE MADE A

01:19PART OF THE RECORD AND

01:19AVAILABLE TO ALL THE COUNCILORS

01:21.

01:23PUBLIC TESTIMONY WILL BE TAKEN

01:24AT THE END OF THIS HEARING.

01:25INDIVIDUALS WILL BE CALLED ON

01:27IN THE ORDER IN WHICH THEY

01:28SIGNED UP AND WILL HAVE TWO

01:29MINUTES TO TESTIFY.

01:31IF YOU'RE INTERESTED IN

01:32TESTIFYING IN PERSON, PLEASE

01:33ADD YOUR NAME TO THE SIGN UP

01:35SHEET NEAR THE ENTRANCE OF THE

01:37CHAMBER.

01:37IF YOU'RE LOOKING TO TESTIFY

01:40VIRTUALLY, PLEASE EMAIL OUR

01:41CENTRAL STAFF LIAISON RYAN

01:43PRATT AT RYAN ARIANA PR T AT

01:49BOSTON GOV.

01:50FOR THE LINK IN YOUR NAME WILL

01:52BE ADDED TO THE LIST.

01:53TODAY'S HEARING IS ON DOCKET

01:55NUMBER 1601.

01:57ORDER FOR A HEARING TO EXPLORE

01:59RAISING THE PERCENTAGE

02:00OF COMMUNITY PRESERVATION ACT

02:01FUND DEDICATED TO AFFORDABLE

02:03HOUSING.

02:04THIS MATTER WAS SPONSORED BY

02:06COUNCILORS BRIAN WILL ROUTE AND

02:08MANY ARE TO CULPEPER AND WAS

02:10REFERRED TO THE COMMITTEE ON

02:12AUGUST 26TH, 2026.

02:16TODAY I AM JOINED BY MY

02:18COLLEAGUES IN ORDER OF ARRIVAL

02:20COUNCILOR MURPHY.

02:21COUNCILOR FLYNN.

02:23COUNCILOR DURKAN AND

02:24COUNCILOR WILL ROW IF ANY ARE

02:28ABSENCE.

02:28NOPE.

02:29AND TODAY I'M ALSO.

02:31FIRST WE ARE JOINED BY THE

02:34DIRECTOR OF THE COMMUNITY

02:35PRESERVATION TREASURY

02:36DEPARTMENT AND BROWN.

02:37UM, BUT FIRST BEFORE WE GET

02:39INTO THE PUBLIC TO TO THE PANEL

02:42,I WANT TO GIVE THE

02:43OPPORTUNITY TO THE MAIN SPONSOR

02:46FOR AN OPENING STATEMENT.

02:48UH.

02:52>> THANK YOU, CHAIR.

02:53AND THANK YOU, UM, EXECUTIVE

02:54DIRECTOR BROWN FOR BEING HERE.

02:56UM, ALSO TO, UM, THE PUBLIC AND

03:00TO MY COLLEAGUES.

03:01I WANT TO ACKNOWLEDGE, UM,

03:02FIRST AND FOREMOST THE WORK

03:03THAT THE COMMUNITY PRESERVATION

03:05COMMITTEE AND CPA STAFF AND THE

03:07ADVOCATES WHO CONTINUE PUSH FOR

03:09INVESTMENTS IN OUR

03:10NEIGHBORHOODS.

03:11UH, WE KNOW CPA HAS DONE A LOT

03:14OF GOOD ACROSS OUR CITY.

03:16UM, BUT WE ALSO KNOW THAT OUR

03:18ARPA FUNDING IS COMING TO AN

03:20END.

03:21UH, WE ALSO KNOW THAT THERE'S

03:22UNCERTAINTY AROUND STATE AND

03:24FEDERAL HOUSING RESOURCES.

03:26UH, WE KNOW THAT CONSTRUCTION

03:27AND BORROWING COSTS HAVE GONE

03:30UP AND IT'S TAKING MORE PUBLIC

03:31DOLLARS TO BUILD THE SAME

03:32AMOUNT OF AFFORDABLE HOUSING.

03:36WE ALSO HAVE ROUGHLY 40% OF OUR

03:38CPA SUPPORTED AFFORDABLE

03:40HOUSING PROJECTS THAT HAVEN'T

03:42STARTED CONSTRUCTION.

03:43I WANT TO UNDERSTAND WHAT'S

03:45HOLDING THEM UP AND WHETHER

03:46ADDITIONAL FUNDING CAN HELP.

03:48UH CAMBRIDGE DEDICATES 80% OF A

03:51CPA AND FUNDING TO AFFORDABLE

03:52HOUSING.

03:53BOSTON'S GOAL IS 50% AND I'M

03:56NOT SUGGESTING THAT WE MOVE UH,

03:58TO 80% LIKE CAMBRIDGE IS DOING,

04:00BUT WE SHOULD BE LOOKING AT

04:02POSSIBLY AND THAT'S WHAT THIS

04:03CONVERSATION IS ABOUT IS IF WE

04:05SHOULD BE LOOKING AT 60 OR 70%

04:08AND WHAT WOULD THOSE ADDITIONAL

04:09DOLLARS MEANS FOR FAMILIES

04:11TRYING TO FIND AN AFFORDABLE

04:13HOME OR BECOME HOMEOWNERS HERE

04:15IN THE CITY OF BOSTON?

04:16ONE THING THAT STOOD OUT TO

04:18ME IS THAT THE COMMUNITY

04:19PRESERVATION PLAN ALREADY

04:21ALLOWS US TO REVISIT THESE

04:23ALLOCATION BASED ON CHANGING

04:25NEEDS.

04:26SO WHAT ACTUALLY CAUSES US TO

04:28USE THAT FLEXIBILITY IF WE HAVE

04:30MORE PARKS THAT NEED MAJOR

04:32IMPROVEMENT, DOES THAT JUSTIFY

04:34INCREASE IN FUNDING FOR PARKS

04:35AND IF AFFORDABLE HOUSING IS

04:37BECOMING MORE EXPENSIVE TO

04:39BUILD TO THERE, THAT ALSO BE A

04:41REASON TO RECONSIDER OUR

04:42HOUSING ALLOCATION BECAUSE IF

04:44THE CIRCUMSTANCES WE'RE FACING

04:46TODAY AREN'T ENOUGH TO REVISIT

04:48THE FORMULA, THEN WHAT WOULD

04:50BE?

04:50THAT'S WHY I'M HOPING THAT WE

04:52CAN BETTER UNDERSTAND THAT

04:53TODAY AND I LOOK FORWARD TO THE

04:55CONVERSATION.

04:55THANK YOU.

04:56>> THANK YOU COUNCILOR.

04:57OKAY I'M GOING TO AS A CHAIR

05:00JUST WAVE EVERYONE'S OPENING

05:02STATEMENTS AND JUST GO TO Q&A

05:04AND I'M GOING TO NOW GIVE.

05:07US A MAJOR PRESENTATION.

05:09UM YEAH I'M JUST WAIVING

05:11EVERYONE'S OPENING STATEMENTS.

05:12FOR MY COLLEAGUES TO LET.

05:14>> YOU KNOW.

05:14NO NO NO.

05:15UM, NOW WE'RE GOING TO GET A

05:18PRESENTATION FROM ADRIAN BROWN.

05:20FOR YOURS.

05:22THANK YOU.

05:24SO THANK YOU, CHAIRMAN PEPEN

05:25AND MEMBERS OF THE BOSTON CITY

05:28COUNCIL.

05:28I HAVE THE HONOR OF SERVING AS

05:30A DIRECTOR OF THE COMMUNITY

05:31PRESERVATION OFFICE FOR THE

05:32PAST EIGHT AND A HALF YEARS.

05:34I HAVE WORKED WITH THE

05:35COMMUNITY PRESERVATION

05:35COMMITTEE AND I'VE OVERSEEN ALL

05:37NINE FUNDING ROUNDS.

05:39IT HAS BEEN A PRIVILEGE TO

05:40SERVE THE RESIDENTS OF BOSTON

05:42AND HELP ADVANCE PROJECTS AND

05:43PRESERVE OUR HISTORY, EXPAND

05:45HOUSING OPPORTUNITIES AND

05:47IMPROVE COMMUNITY SPACES ACROSS

05:49THE CITY.

05:49EACH FUNDING ROUND REQUIRES

05:51THOUGHTFUL DELIBERATION AND

05:53DIFFICULT DECISIONS BY THE

05:54COMMUNITY PRESERVATION

05:55COMMITTEE.

05:56WE ARE GRATEFUL FOR THE

05:57COMMITTEE'S UNWAVERING

05:59COMMITMENT AND HIGHLY

06:00COMPETITIVE PROCESS AND THEIR

06:01DEDICATION TO ENSURING THAT CPA

06:04FUNDS DELIVER MEANING AND

06:05LASTING BENEFITS TO BOSTON

06:07NEIGHBORHOODS.

06:08TODAY I'VE BEEN ASKED TO JOIN

06:10THE HEARING TO DISCUSS THE

06:11COMMUNITY PRESERVATION

06:12COMMITTEE'S ALLOCATION

06:14OF FUNDING FOR AFFORDABLE

06:15HOUSING.

06:16I APPRECIATE THE OPPORTUNITY TO

06:17SPEND THE NEXT TEN MINUTES

06:19PROVIDING THE COUNCIL WITH AN

06:20OVERVIEW OF THE COMMUNITY

06:21PRESERVATION ACT PROGRAM, THE

06:22FUNDING PROCESS AND HOW CPA

06:24RESOURCES HAVE BEEN DISTRIBUTED

06:26ACROSS ALL THREE CATEGORIES.

06:30EACH YEAR.

06:31STATE LAW REQUIRES THAT 10%

06:33OF CPA FUNDS MUST BE RESERVED

06:36FOR THE THREE CORE CATEGORIES

06:38AFFORDABLE HOUSING, HISTORIC

06:40PRESERVATION AND OPEN SPACE AND

06:41RECREATION.

06:42IN ADDITION, UP TO 5% OF ANNUAL

06:45CPA REVENUE MAY BE USED FOR

06:47ADMINISTRATIVE COSTS.

06:48CPA FUNDINGS ARE RESTRICTED TO

06:50ELIGIBLE CAPITAL IMPROVEMENTS

06:52PROJECTS THAT CANNOT BE USED

06:53FOR ROUTINE MAINTENANCE

06:55OPERATIONS, STAFFING OR

06:56PROGRAMING EXPENSES.

06:59ELIGIBLE APPLICANTS INCLUDE

07:01PUBLIC AGENCIES, NONPROFIT

07:03ORGANIZATIONS, PRIVATE ENTITIES

07:05AND FOR PROFIT ORGANIZATIONS.

07:08ALL PROPOSED PROJECTS MUST MEET

07:10THE DEFINITIONS AND

07:11REQUIREMENTS OUTLINED IN

07:12CHAPTER 44 B, WHICH ARE LISTED

07:14HERE FOR REFERENCE.

07:16UNDERSTANDING THE ALLOWABLE

07:17USES OF CPA FUNDS IS ESSENTIAL

07:20FOR APPLICANTS TO SUCCESSFULLY

07:21COMPLETE THEIR SUBMISSIONS TO

07:24SUPPORT THEM.

07:24WE PRIORITIZE EARLY AND

07:26FREQUENT ENGAGEMENT EDUCATING

07:28APPLICANTS ON THESE ALLOWABLE

07:30USES AND SO THAT THEY ARE WELL

07:33PREPARED.

07:33BEFORE BEGINNING THE

07:35ELIGIBILITY DETERMINATION

07:36PROCESS.

07:38TO DATE, 438 PROJECTS HAVE BEEN

07:42AWARDED WITH CPA FUNDS.

07:44MORE THAN 259 MILLION ACROSS

07:47BOSTON NEIGHBORHOODS.

07:48YOU CAN ALSO SEE THAT THE

07:50FUNDING DISTRIBUTIONS FOR EACH

07:52FUNDING ROUND FROM 2018 THROUGH

07:552026.

07:57SINCE ITS CREATION, CPA FUNDED

08:00PROJECTS HAVE BEEN IMPLEMENTED

08:01IN EVERY NEIGHBORHOOD

08:02SUPPORTING 66 AFFORDABLE

08:03HOUSING PROJECTS, 207 HISTORIC

08:06PRESERVATION PROJECTS AND 165

08:09OPEN SPACE AND RECREATION

08:11PROJECTS.

08:13THE FOLLOWING TABLE SHOWS THE

08:15DISTRIBUTION OF FUNDING

08:16ALLOCATIONS ACROSS ALL THREE

08:18CATEGORIES.

08:19OVER THE LAST NINE FUNDING

08:20ROUNDS, AFFORDABLE HOUSING

08:22REPRESENTS 52% OF THE TOTAL CPA

08:25FUNDING.

08:26THIS REFLECTS THE SIGNIFICANT

08:27INVESTMENT OFTEN REQUIRED TO

08:29PRESERVE AND CREATE AFFORDABLE

08:30HOUSING OPPORTUNITIES, HISTORIC

08:33PRESERVATION AND OPEN SPACE AND

08:35RECREATION RECEIVED 24% OF THE

08:37TOTAL CPA FUNDING OVER THE PAST

08:41NINE FUNDING ROUNDS.

08:42COMMUNITY PRESERVATION

08:43COMMITTEE HAS CONSISTENTLY

08:45PRIORITIZED AFFORDABLE HOUSING,

08:47COMMITTING 50% OF AVAILABLE

08:48FUNDING TO AFFORDABLE HOUSING

08:51CATEGORY WHILE CONTINUING TO

08:52INVEST IN HISTORIC PRESERVATION

08:54AND OPEN SPACE AND RECREATION

08:56PROJECTS.

08:57THIS DATA DEMONSTRATES THE

08:59COMMITTEE'S BALANCED APPROACH

09:01TO MEETING THE GOALS OF THE CPA

09:02PLAN WHILE ADDRESSING THE

09:04BOSTON'S ONGOING AFFORDABLE

09:06HOUSING NEEDS.

09:10EVERY CPA INVESTMENT LEAVES A

09:12LASTING LEGACY SUPPORTING

09:14HOUSING, PRESERVING HISTORY AND

09:15ENHANCING AND CREATING

09:17RECREATION SPACES THAT BENEFIT

09:19RESIDENTS AND GENERATIONS TO

09:20COME.

09:21IN THE RECENT MONTHS WE HAVE

09:22SEVERAL NEW RECREATION PROJECTS

09:24THAT HAVE BEEN COMPLETED.

09:26FOR EXAMPLE THE CHARLESTOWN

09:28PEACE PARK A CREATION OF A NEW

09:29COMMUNITY PARK SERVING

09:31RESIDENTS OF CHARLESTOWN,

09:32BETHANY PARK BETHANY CHURCH

09:34PARK A DEVELOPMENT OF A NEW

09:36PUBLIC PARK IN ROSLINDALE ON

09:38THE LAND OWNED BY BETHANY

09:39CHURCH NOW OPEN TO THE

09:41COMMUNITY.

09:45ROXBURY COMMUNITY COLLEGE

09:46POCKET PARK.

09:47CONSTRUCTION OF A NEW A NEW

09:49PARK BY RCC FOR THE COMMUNITY

09:52USE AND ENJOYMENT.

09:55AND NORWELL PARK GROUNDBREAKING

09:58HAPPENED A FEW WEEKS AGO.

10:01THIS IS A 1.9 MILLION CPA

10:03INVESTMENT.

10:04CPA FUNDING SUPPORTED THE

10:06ACQUISITION OF THREE PARCELS

10:07THAT WILL SUPPORT THE

10:08CONSTRUCTION OF A NEW

10:09NEIGHBORHOOD PARK IN

10:11DORCHESTER.

10:13HISTORIC PRESERVATION FUNDING

10:14PLAYS A CRITICAL ROLE IN

10:16MAINTAINING THE CHARACTER,

10:17HERITAGE AND CULTURAL IDENTITY

10:19OF OUR NEIGHBORHOODS.

10:20ENSURING THAT SIGNIFICANT

10:21BUILDINGS, LANDMARKS AND

10:23CULTURAL RESOURCES REMAIN

10:25ACCESSIBLE AND MEANINGFUL TO

10:26RESIDENTS AND VISITORS ALIKE.

10:29FOR EXAMPLE, THE 12TH BAPTIST

10:31CHURCH FOUNDED IN 1840 RECEIVED

10:33CPA FUNDING TO REMOVE FAILING

10:35EXTERIOR MATERIALS.

10:36RESTORE THE BUILDING'S ORIGINAL

10:38WOOD CLADDING AND HELPING TO

10:40PRESERVE AN IMPORTANT PIECE

10:41OF BOSTON'S RELIGIOUS AND

10:43CULTURAL HISTORY.

10:45THE UNITED SOUTH END

10:47SETTLEMENTS RECEIVED FUNDING

10:48FOR CRITICAL DRAINAGE, ROOFING

10:49AND MASONRY REPAIRS.

10:51THESE IMPROVEMENTS HELP PROTECT

10:53THE HISTORIC COMMUNITY AND THE

10:56HISTORIC COMMUNITY INSTITUTION

10:58THAT HAS PROVIDED EDUCATIONAL

11:00ENRICHMENT AND SUPPORT SERVICES

11:02TO BOSTON FAMILIES FOR DECADES

11:04.

11:06THE NATIONAL CENTER FOR

11:08AFRO-AMERICAN ARTIST HAS

11:10RECEIVED THREE CPA GRANTS TO

11:11SUPPORT MASONRY ROOF

11:13RESTORATION, STRUCTURAL

11:15STABILIZATION AND ADA

11:17ACCESSIBILITY IMPROVEMENTS.

11:18THESE IMPROVEMENTS ARE

11:19ADVANCING A MULTI-PHASE

11:20RESTORATION EFFORT TO PRESERVE

11:22THIS ICONIC CULTURAL LANDMARK.

11:26MOST RECENTLY, THE OLD STATE

11:28HOUSE RECEIVED CPA FUNDING FOR

11:30CRITICAL STRUCTURAL REPAIRS.

11:32AS ONE OF BOSTON'S MOST

11:33SIGNIFICANT HISTORIC LANDMARKS

11:35AND A MAJOR DESTINATION FOR

11:37RESIDENTS AND VISITORS.

11:38THESE IMPROVEMENTS WILL HELP

11:39ENSURE THE BUILDING REMAINS

11:40SAFE, ACCESSIBLE AND PRESERVED

11:42FOR YEARS TO COME.

11:45TO DATE, CPA HAS AWARDED 14

11:48MILLION TO THE ACQUISITION

11:49OPPORTUNITY PROGRAM HELPING

11:51MISSION DRIVEN DEVELOPERS

11:53PURCHASE TENANT OCCUPIED

11:54BUILDINGS BEFORE CASH BUYERS

11:56AND PRIVATE INVESTORS.

11:58REDUCING DISPLACEMENT AND

11:59PRESERVING AFFORDABILITY.

12:01THIS PROGRAM HAS RECENTLY BEEN

12:04RECOGNIZED FOR THE 2026 IVERY

12:06PRIZE FOR HOUSING AFFORDABILITY

12:08AND THE FINANCE CATEGORY.

12:12OVER 21 MILLION IN CWP FUNDING

12:14HAS BEEN SUPPORTED TO THE ONE

12:16PLUS BOSTON FIRST TIME

12:18HOMEBUYERS PROGRAM, HELPING

12:20MORE THAN 1000 RESIDENTS BECOME

12:22FIRST TIME HOMEOWNERS WITH OVER

12:24480 WITH OVER 480 HOMEBUYERS

12:27RECEIVING DOWNPAYMENT AND

12:29CLOSING COSTS ASSISTANCE.

12:33CPA FUNDS SUPPORT BOTH RENTAL

12:35AND HOMEOWNERSHIP OPPORTUNITIES

12:36FOR HOUSEHOLD EARNING UP TO 180

12:40UP TO 100% OF THE AMI

12:44PRESERVING.

12:45IT HAS ALSO HELPED PRESERVE AND

12:46DEVELOP OVER 2400 UNITS

12:49OF AFFORDABLE HOUSING INCLUDING

12:50HOME OWNERSHIP OPPORTUNITIES

12:52SUPPORTING HOUSING PROJECTS FOR

12:55VETERANS, SENIORS AND

12:56INDIVIDUALS EXPERIENCING

12:58HOMELESSNESS.

12:58THE COMMITTEE STRIVES TO FIND

13:00NEW AFFORDABLE HOUSING UNITS

13:02THAT PRIORITIZE LOCAL RESIDENTS

13:04.

13:04THE COMMITTEE ALSO STRIVES TO

13:06SUPPORT DEEPLY AFFORDABLE UNITS

13:08SERVING HOUSEHOLDS EARNING

13:11BETWEEN 30 AND 60% AMI.

13:15THE CPA FIVE YEAR PLAN HAS

13:17OVERALL GOALS AND KEY GOALS FOR

13:20THREE FUNDING CATEGORIES.

13:21ONE OF THE GOALS IS TO CONTINUE

13:23TO ESTABLISH A CPA FUNDING

13:25ALLOCATION FORMULA ANNUALLY TO

13:28HELP GUIDE RECOMMENDATIONS.

13:31AS STATED EARLIER IN MY

13:32PRESENTATION, THE COMMITTEE IS

13:33COMMITTED TO PROVIDING A

13:35BALANCED APPROACH TO MEET THE

13:36GOALS OF THE CPA PLAN WHILE

13:39ADDRESSING BOSTON'S ONGOING

13:41AFFORDABLE HOUSING NEEDS.

13:42THANK YOU FOR THE OPPORTUNITY

13:44TO SHARE THIS INFORMATION.

13:48THANK YOU DIRECTOR BROWN.

13:51ALSO THANK YOU JUST FOR THE

13:52AMAZING.

13:53WORK THAT YOU AND YOUR ENTIRE

13:54TEAM DOES.

13:54>> ON A CONSISTENT BASIS.

13:55THANK YOU.

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

13:57WORK WITH YOU.

13:58UM OKAY.

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

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

14:04I'M GOING.

14:04>> TO.

14:05GIVE.

14:05MY COLLEAGUE SEVEN MINUTES.

14:06UM, THE FIRST ROUND AND THEN IF

14:08ANYONE HAS ANY FOLLOW UP

14:09QUESTIONS I'LL.

14:10ALLOW SOME EXTRA TIME.

14:11I'M GOING TO START OFF WITH

14:12THE.

14:13WITH THE MAIN SPONSOR.

14:14OF THIS DOCKET COUNCIL ORAL AND

14:16THEN WE'LL GO IN ORDER

14:17OF ARRIVAL.

14:18I ALSO WANT TO MAKE SURE THAT.

14:20I.

14:20.

14:22UM ACKNOWLEDGE THAT WE'VE BEEN

14:23JOINED BY COUNCILORS BREADON

14:24AND COUNCILORS FITZGERALD.

14:26SO THANK YOU FOR BEING HERE.

14:27OKAY.

14:28COUNCIL.

14:28WELL, THE FLOOR IS YOURS.

14:29UH THANK YOU, CHAIR, THANK YOU

14:31.

14:31UH, EXECUTIVE DIRECTOR BROWN UM

14:33,AGAIN, VERY GRATEFUL FOR THE

14:34WORK THAT THE CPA HAS DONE

14:36THROUGHOUT UH, THE ENTIRE CITY

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

14:42WILD PARK.

14:42UH, SO THANK YOU FOR THAT AND

14:44HAVE BEEN AT MANY RIBBON

14:45CUTTINGS UM, BOTH SIDE WITH

14:47THIS OPEN SPACE UH OR

14:49AFFORDABLE HOUSING.

14:50UH, ONE OF MY QUESTIONS IS

14:53AROUND, UM, TRYING TO FIND WAYS

14:55ON HOW TO MAXIMIZE THE MOST OUT

14:57OF CPA FUNDS.

14:58HAVE WE EVER EXPLORED I THINK

15:00MASSACHUSETTS STATE LAW GIVES

15:03US THE ABILITY TO BOND AGAINST

15:05CPA FUNDS.

15:06HAVE WE EVER EXPLORED BONDING

15:08AGAINST CPA FUNDS AND CAN YOU

15:10TELL ME ABOUT WHAT THAT IMPACT.

15:12WOULD LOOK LIKE?

15:14SO NO, THE COMMITTEE CURRENTLY

15:16THERE WAS A DISCUSSION AROUND

15:18BONDING AND AT THE TIME YOU

15:20KNOW, THE TREASURY KIND

15:22OF ADVISED THAT IT WOULDN'T BE

15:23SOMETHING THAT THE COMMITTEE

15:24SHOULD THINK ABOUT DOING.

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

15:28DETAILS.

15:29I KNOW THE COMMITTEE THE

15:30PRESENTATION WAS GIVEN TO THE

15:32COMMITTEE AND AT THE TIME THE

15:33COMMITTEE DID NOT CHOOSE TO DO

15:34BONDING.

15:35THEY DID WANT TO WORK WITHIN

15:36THE FUNDS THAT THEY CURRENTLY

15:37HAD ON HAND TO BE ABLE TO FUND

15:39THE PROJECTS.

15:40AND SO HOW LONG AGO WAS THAT

15:43PRESENTATION FROM THE TREASURY?

15:44THAT PRESENTATION MAY HAVE BEEN

15:46DONE A FEW YEARS AGO.

15:48OKAY.

15:49>> UM WE.

15:50>> WERE ABLE TO THE CHAIR WOULD

15:51BE ABLE TO SUBMIT.

15:52THAT PRESENTATION SO WE COULD

15:53GET A BETTER UNDERSTANDING

15:54OF THE IMPACTS.

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

15:57INFORMATION AROUND THAT.

15:58OKAY.

15:59>> THANK YOU.

16:01UM, WHEN IT COMES TO THE ANNUAL

16:07CONVERSATION AROUND HOW THE

16:08BOARD WILL BE ALLOCATING UH,

16:12THE FUNDS WHAT WHAT WHAT IS THE

16:14BOARD.

16:15LOOK.

16:15>> LOOK INTO TO DETERMINE

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

16:20SAME ALLOCATIONS OR READJUSTING

16:22?

16:23SURE.

16:24>> THAT'S A GREAT QUESTION.

16:26SO EVERY YEAR WE RECEIVE OVER

16:28100 ELIGIBILITY FORMS AND THEN

16:30A SIGNIFICANT AMOUNT

16:31OF PROJECTS THAT COME IN FROM

16:32THE JOINT RFP WITH THE MAYOR'S

16:34OFFICE OF HOUSING.

16:35SO THE COMMITTEE UNDERSTANDS

16:37THAT THERE'S A HOUSING CRISIS

16:39AND A NEED WITHIN THE CITY

16:41OF BOSTON.

16:41BUT THEY ALSO UNDERSTAND THAT

16:43THERE'S A LARGE ADVOCATE

16:45OF COMMUNITY GROUPS THAT ALSO,

16:46UM, YOU KNOW, HAD SUPPORT FOR

16:49THE OTHER TWO FUNDING

16:51CATEGORIES.

16:51HISTORIC PRESERVATION IS THE

16:53LARGEST CATEGORY OF PROJECTS

16:55THAT COME IN EVERY YEAR.

16:57AND SO THE COMMITTEE HAS TO

16:58CONSIDER IF WE'RE ALREADY

17:00GIVING 50% TO AFFORDABLE

17:02HOUSING, WHICH IS THE BIGGEST

17:03NEED WITHIN THE CITY.

17:04IT'S ONLY A BALANCED APPROACH

17:06TO CONTINUE TO THINK ABOUT THE

17:08OTHER TWO OTHER TWO CATEGORIES

17:10WHICH IS HISTORIC PRESERVATION

17:12AND OPEN SPACE AND RECREATION

17:13BECAUSE THOSE PROJECTS ALSO

17:15HAVE CRITICAL NEEDS.

17:16AND SO THE COMMITTEE SINCE THE

17:19INCEPTION HAS DECIDED THAT 50%

17:22WOULD BE THE FUNDING

17:23ALLOCATION.

17:24AND WHEN OUR HEARING HAPPENS

17:25OUR ANNUAL HEARING HAPPENS IN

17:27UH SEPTEMBER EACH YEAR.

17:29THEY HAVE TEND TO STICK TO THE

17:3150% 20% TO UH, OPEN SPACE AND

17:35RECREATION AND 20% TO HISTORIC

17:37PRESERVATION AND DECIDING WHERE

17:39TO SPLIT THE 10%.

17:41AND HISTORICALLY THEY HAVE

17:42SPLIT THE 10% BETWEEN THE OTHER

17:44TWO CATEGORIES BASED ON THE

17:47SIGNIFICANT NEEDS OF THE

17:49REQUEST THAT COME IN THAT

17:50FUNDING ROUND.

17:51OUR GRANT IS ONE OF THE MOST

17:52COMPETITIVE FUNDING GRANT UH

17:54GRANTS ESPECIALLY FOR THE

17:56HISTORIC PRESERVATION CATEGORY

17:57BECAUSE OUR FUNDS IS GETTING

17:59OUT THE DOOR FAIRLY QUICKLY AND

18:01PROJECTS ARE BEING COMPLETED

18:02WITHIN WITHIN A 24 MONTH

18:04TIMELINE.

18:05THANK YOU.

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

18:09,OVER THE COURSE OF LIKE THE

18:10LAST THREE YEARS THE ABILITY TO

18:12STRETCH THE 50% THAT'S

18:14ALLOCATED TO AFFORDABLE

18:16HOUSING, UM.

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

18:21ABLE TO REACH LESS UM, PROJECTS

18:25AS CONSTRUCTION AND BORROWING

18:26COSTS GO UP.

18:27>> ARE YOU.

18:28SEEING THE SAME AMOUNT

18:29OF PROJECTS BEING FUNDED OR

18:30LESS PROJECTS BEING FUNDED?

18:32I THINK THERE HAS BEEN A SHIFT

18:34IN THE LAST FUNDING ROUND I

18:36WOULD SAY JUST DUE TO UM

18:38CUTBACKS AND OTHER FUNDING

18:39SOURCES TO HELP WITH

18:40HOMEOWNERSHIP.

18:41SO THE LAST FUNDING ROUND WAS

18:43THE FIRST TIME THAT THE

18:45COMMITTEE SAW A LOT OF RENTAL

18:47PROJECTS ONLY AND THEN WE ONLY

18:48HAD ONE HOMEOWNERSHIP WHICH WAS

18:50THE ONE PLUS BOSTON

18:52HOMEOWNERSHIP PROGRAM.

18:53SO WE NOTICED THAT SHIFT LAST

18:56YEAR IN OUR FUNDING ROUND DUE

18:58TO THE FACT THAT THERE WAS JUST

18:59NOT ENOUGH FUNDING TO SUPPORT

19:00HOMEOWNERSHIP PROJECTS, BUT WE

19:02WERE STILL ABLE TO FUND RENTAL

19:04PROJECTS.

19:04I WOULD SAY WE STILL FUNDED

19:06ABOUT THE SAME AVERAGE AMOUNT

19:07OF PROJECTS THAT WE DID.

19:09AGAIN, WE JUST DID NOT WE WERE

19:10NOT ABLE TO UH, SUPPORT

19:12HOMEOWNERSHIP.

19:13WE WERE JUST ABLE TO SOMEWHAT

19:14SUPPORT A LOT OF RENTAL

19:15PROJECTS LAST YEAR.

19:17GOT IT.

19:18AND I KNOW THAT WHEN IT COMES

19:21TO HOMEOWNERSHIP, PARTICULARLY

19:22AFFORDABLE HOMEOWNERSHIP UH,

19:24SOMETIMES DID NOT AS ENOUGH

19:27FUNDING FROM THE STATE SIDE UH

19:29TO MAKE THOSE PROJECTS UM

19:31ACTUALLY POSSIBLE.

19:33SO SOMETIMES, YOU KNOW, WHEN

19:34THE STATE FUNDING IS UNCERTAIN

19:38IT DOESN'T INCENTIVIZE OR

19:40CREATE, YOU KNOW, THE

19:41ATMOSPHERE FOR DEVELOPERS.

19:43TO PROVIDE.

19:44AFFORDABLE HOMEOWNERSHIP.

19:45WOULD WOULD THAT BE A REASON,

19:47UM, THAT THE BOARD WOULD

19:49CONSIDER TO INCREASING UM THE.

19:52AFFORDABLE OR.

19:53>> THE AFFORDABLE HOUSING TO

19:54TRY TO SEE IF WE CAN JUMPSTART

19:57OR INCENTIVIZE UM, AFFORDABLE

19:59HOMEOWNERSHIP AS WE SEE, YOU

20:00KNOW, THE DECLINE IN

20:02INVESTMENTS FROM THE CPA.

20:04I THINK THE COMMITTEE IS ALWAYS

20:05OPEN TO CONVERSATION AROUND

20:08INCREASING UH, FUNDING IN ANY

20:10ANY OF THE CATEGORIES.

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

20:14DETAILS ON THE NEEDS AND THE

20:16REQUEST.

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

20:19THINK THE COMMITTEE IS OPEN TO

20:22UM, CONVERSATIONS AROUND UM,

20:25GIVING ADDITIONAL FUNDS TO

20:26AFFORDABLE HOUSING.

20:27AGAIN, THEY DO WANT TO TRY TO

20:29KEEP A BALANCED APPROACH JUST

20:31BECAUSE THERE'S A SIGNIFICANT

20:32NEED IN THE OTHER TWO

20:33CATEGORIES AND JUST A DEMAND

20:35OF THE PROJECTS THAT COME IN

20:36EVERY YEAR.

20:37GOT IT.

20:37>> GOT IT.

20:38AND THEN I KNOW THERE'S SOME

20:40PROJECTS UM THAT WERE AWARDED

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

20:43GET A DEVELOPMENT TEAM TOGETHER

20:45.

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

20:47BUILD THE PARK.

20:49UM, DOES THE BOARD TAKE EXIT

20:51FORMS TO UNDERSTAND WHY UM,

20:54PROJECTS ARE RETURNING THE

20:55MONEY?

20:56SURE.

20:57>> SO ANY PROJECT.

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

21:01LITTLE BIT.

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

21:03TEAM OF EIGHT INDIVIDUALS WE

21:05ARE A VERY SMALL BUT MIGHTY

21:06TEAM.

21:07EVERY PROJECT THAT COMES BEFORE

21:09US HAS A PROJECT MANAGER SO

21:11EVERY PROJECT IS BEING MANAGED

21:12MONTHLY.

21:12THERE'S A CONVERSATION WITH THE

21:14WITH EACH PROJECT EVERY MONTH

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

21:18IF THEY'RE RUNNING INTO ANY

21:19ISSUES OR CHALLENGES.

21:21USUALLY IF A PROJECT IS BEING

21:23WITHDRAWN IT'S BECAUSE THEY

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

21:28REQUIREMENTS OF THE GRANT

21:29AGREEMENT AND HAVE TO WITHDRAW

21:30BEFORE EVEN RECEIVING THE FUNDS

21:32OR THERE MAY BE A SIGNIFICANT

21:34DELAYS WHERE THEY NEED MORE

21:35ADDITIONAL FUNDING TO BUILD THE

21:37PROJECT AND THAT MAY BE GOOD

21:38FOR THEM TO WITHDRAW AND COME

21:40BACK ON ANOTHER TIME TO DO THAT

21:42WORK FOR AFFORDABLE HOUSING.

21:44SOMETIMES THAT IS THE CASE.

21:45THEY MAY NOT BE ABLE TO BUILD

21:47THE CERTAIN AMOUNT OF UNITS

21:48THAT THEY HAVE, SO THEY MIGHT

21:50WANT TO RECONSIDER COMING BACK

21:51FOR CPA FUNDS.

21:53BUT FOR EVERY PROJECT THAT'S

21:54NOT RECOMMENDED FOR FUNDING OR

21:55WITHDRAWN, THERE'S A PERSONAL

21:57MEETING WITH ME AND MY TEAM

21:58MYSELF TO DISCUSS WHY THE

22:00PROJECT IS WITHDRAWING, THE

22:03REASONS WHY THEIR APPLICATION

22:05MAY NOT HAVE MOVE FORWARD BUT

22:06WE ARE IN CONSTANT

22:08COMMUNICATION WITH ANY

22:08APPLICANTS THAT ARE NOT

22:10RECOMMENDED FOR AWARDS OR MAY

22:11HAVE TO WITHDRAW THEIR PROJECTS

22:12.

22:13AND THEN LAST FOLLOW UP

22:15QUESTION.

22:16UM WHAT WHAT WOULD YOU SAY IS

22:18THE MAIN REASON FOR AFFORDABLE

22:21HOUSING TO WITHDRAW?

22:22IS IT THE LEGAL REQUIREMENT OR

22:24IS IT THE NEED FOR ADDITIONAL

22:25FUNDING OR IS IT SOMETHING

22:26ELSE.

22:27SO I WOULDN'T BE ABLE TO

22:29PINPOINT EXACTLY WHAT THE MAIN

22:30REASON MIGHT BE.

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

22:33DID HAVE YOU KNOW, I THINK

22:35OTHER COMMENTARY FROM THE

22:37MAYOR'S OFFICE OF HOUSING WOULD

22:38HELP ANSWER THAT QUESTION AS

22:39WELL.

22:40BUT I WOULD SAY IT COULD BE A

22:41UH, NUMBER OF FACTORS.

22:43UM, BUT MAYBE FUNDING IS ONE

22:45OF THOSE.

22:45IT COULD BE IT COULD BE A LEGAL

22:47REQUIREMENT.

22:47IT COULD BE OTHER INSTANCES

22:49OF SOMETHING THAT MAY HAVE COME

22:51UP THAT WASN'T SEEN BEFORE THE

22:52PROJECT WAS RECOMMENDED.

22:54ALL RIGHT.

22:55>> THANK YOU.

22:56THANK YOU COUNSELOR.

22:57THANK YOU.

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

23:00ORDER OF ARRIVAL STARTING WITH

23:01COUNCILOR MURPHY AND THEN

23:02COUNCILOR FLYNN AND DEAN DURKAN

23:04.

23:04THANK YOU.

23:05UM, THANK YOU FOR DEAN FOR

23:07BEING HERE.

23:09AND THANK YOU FOR ALL YOU DO.

23:10YOUR PRESENTATION I THINK

23:12MATCHES ALSO HOW YOU CARRY

23:15YOURSELF IN YOUR TEAM.

23:15YOU'RE ALWAYS OPEN AND EASY TO

23:18COMMUNICATE WITH SO THANK YOU

23:20FOR THAT.

23:20NOT JUST MYSELF IN MY OFFICE

23:22BUT I SEE YOU OUT IN THE

23:24NEIGHBORHOOD.

23:25YOU PROBABLY SAID IT IN YOUR

23:26PRESENTATION, BUT ONE OF YOUR

23:28RESPONSES TO COUNCILOR ORAL IS

23:30SOMETHING THAT I JUST WANT TO

23:32ECHO WAS TRUE THAT YOU FOLLOW

23:34UP RIGHT AND YOU TALK TO THE

23:35PEOPLE WHO MANY TIMES I'VE HAD

23:38THIS CONVERSATION WITH YOU

23:39MAYBE IT'S NOT THE FIRST TIME

23:40THEY APPLY BUT YOU GIVE THEM

23:41ADVICE COME BACK, DON'T GIVE

23:43UP.

23:43BUT ALSO YOU HAVE THESE

23:45LISTENING INFORMATION SESSIONS

23:47IN THE COMMUNITY AND I KNOW

23:48DISTRICT COUNCIL IS LIKE

23:49COUNCILOR FLYNN I'VE BEEN TO A

23:50COUPLE IN HIS DISTRICT.

23:51TAKE ADVANTAGE OF THAT

23:53OPPORTUNITY BECAUSE ONE THING

23:56WE DID FIND IS THAT NOT EVERY

23:58NEIGHBORHOOD HAS THE SAME

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

24:02NOT BECAUSE YOU'RE NOT CHOOSING

24:03THOSE NEIGHBORHOODS MANY TIMES

24:05IT'S JUST THEY'RE NOT

24:06SUBMITTING.

24:07THEY MAY NOT KNOW THAT

24:08OPPORTUNITIES THERE.

24:10SO IT'S NOT EVEN THOUGH LIKE

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

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

24:14HAVE AN INFINITE AMOUNT

24:16OF FUNDS.

24:17YOU DON'T STOP THAT FROM

24:19PUTTING IT OUT THERE TO MAKE

24:20SURE EVERYONE KNOWS TO APPLY

24:22TRY COME BACK IF YOU NEED TO SO

24:25THANK YOU FOR THAT.

24:27JUST A QUESTION UM ABOUT LIKE

24:31THERE'S THERE IS OBVIOUSLY A

24:33NEED FOR HOUSING.

24:34WE KNOW THAT THAT'S SOMETHING

24:36WE TALK ABOUT A LOT HERE ON

24:37THIS COUNCIL.

24:39UM BUT THE GOALS AND I THINK

24:41YOU DID A GOOD JOB LIKE

24:42REMINDING ME ABOUT YOU KNOW,

24:44THE GOALS AND WHAT YOUR BOARD

24:47FOCUS IS ON IN THE THREE

24:48DIFFERENT CATEGORIES I'VE BEEN

24:49TO SOME OF THE, YOU KNOW,

24:51SCHOOL PLAYGROUND OPENINGS OR

24:53THE HISTORIC PRESERVATION, YOU

24:54KNOW, WHEN THEY PUT THE LAST

24:57COAT OF PAINT ON OR YOU KNOW,

24:58THEY'RE OPENING THE DOORS TO AN

24:59OLDER BUILDING WHICH IS

25:01WONDERFUL TOO AND THEN THE

25:02HOUSING PROJECTS OBVIOUSLY SO

25:04NEEDED AND WE ALWAYS NEED MORE

25:06MONEY FOR THAT ESPECIALLY IN

25:07THIS DAY AND AGE.

25:08BUT IF YOU COULD IT TOUCH ON

25:12AND IT WAS MENTIONED HOW IF

25:14SOMEONE HAS TO IF SOMEONE IS

25:17AWARDED OR YOU KNOW

25:18ORGANIZATION GETS AWARDED THE

25:20MONEY FOR THEIR PROJECT AND FOR

25:22WHATEVER REASON THEY NEED TO

25:23WITHDRAW.

25:24IS THERE TIME FOR YOUR TEAM TO

25:26PUT THAT BACK IN TO SOMEONE WHO

25:28MAY NOT HAVE GOTTEN CHOSEN BUT

25:30YOU KNOW THEY COULD BE READY TO

25:32BE SELECTED AND IF SO, DO YOU

25:34TRY TO STAY IN THE SAME

25:35CATEGORY SO THAT PERCENTAGE

25:37STAYS AROUND THE SAME?

25:39SO WHAT HAPPENS WHEN A PROJECT

25:41IS UM WITHDRAWN IT IT'S

25:44REALLOCATED BACK TO THE NEW

25:45FUNDING ROUND AND IT GOES

25:46ACROSS ALL THREE FUNDING

25:48CATEGORIES BECAUSE OVER THE

25:49LAST SEVERAL YEARS WE HAVE BEEN

25:51MEETING THE 10% REQUIREMENT.

25:52WHEN A FUND IS REALLOCATED IT

25:55DOES NOT NEED TO BE REALLOCATED

25:57TO THE ONE PARTICULAR CATEGORY.

25:59IT CAN BE REALLOCATED TO FUND

26:01TO GO BACK TO THE FULL POT TO

26:02HELP ALL PROJECTS.

26:04OKAY THANK YOU FOR THAT.

26:05AND YOU SAID HOW YOUR TEAMS

26:07THERE'S ALWAYS SOMEONE ASSIGNED

26:08SO THEY HAVE A PROJECT MANAGER

26:10BUT IF WE'RE TALKING ABOUT

26:12HOUSING DOES THAT MONEY JUST GO

26:14TO SAY SHEILA DILLON AND SHE

26:16TAKES OVER KIND OF THE OVERSEE

26:18OF THAT OR DOES IT GO TO YOU

26:21KNOW IF IT'S A SCHOOL

26:22PLAYGROUND HOW DOES THAT WORK?

26:24HOW MUCH OF YOUR TEAM'S

26:26OVERSIGHT STAYS THROUGHOUT THE

26:27ENTIRE PROJECT?

26:28SURE.

26:29>> THAT'S A REALLY GREAT

26:30QUESTION.

26:30SO ALL CITY DEPARTMENT PROJECTS

26:31CAN BE MONITORED INTERNALLY.

26:33WE CAN MONITOR THEIR FUNDS TO

26:35PROJECT SUMMARY REPORTS.

26:36AND SO WITH THE AFFORDABLE

26:38HOUSING UM PROJECTS THERE IS A

26:39WAY WITH THE MAYOR'S OFFICE

26:42OF HOUSING BUT IT IS ALLOCATED

26:44TO A PARTICULAR DEVELOPER.

26:46SO THE MAYOR'S OFFICE

26:47OF HOUSING DOES GET THAT

26:48FUNDING SOURCE TO BE ABLE TO

26:50DISTRIBUTE IT TO THAT

26:51DEVELOPER, UH FOR THAT AWARDED

26:53AMOUNT.

26:53SO THE FUNDS ARE IS GOING TO

26:55THE MAYOR'S OFFICE OF HOUSING

26:56BUT IT IS ALSO GOING TO THAT

26:57PARTICULAR DEVELOPER WHEN IT

26:58GOES OVER TO THAT DEPARTMENT.

27:00FOR OUR BOSTON PUBLIC SCHOOLS

27:02WE DO MONITOR THOSE PROJECTS.

27:04I PERSONALLY MONITOR ALL THE UM

27:06OPEN SPACE RECREATION PROJECTS

27:08FOR BP'S AND I MEET MONTHLY

27:11WITH THE BP FACILITIES TEAM ON

27:12THESE PROJECTS AND I CAN

27:14MONITOR THOSE FUNDS INTERNALLY.

27:16SO WE'RE HAVING DISCUSSIONS ON

27:17WHERE THEY ARE IN THE FUNDING.

27:19ARE THEY IN THE

27:20PRE-CONSTRUCTION PHASE MID

27:21CONSTRUCTION AND WHEN THEY'RE

27:22READY FOR FINAL CLOSEOUT.

27:24SO WE CAN WE CAN WE CAN SEE

27:26THOSE FUNDS INTERNALLY.

27:27OKAY THANK YOU.

27:28AND JUST THANK YOU FOR

27:29EVERYTHING YOUR TEAM DOES UM

27:31HERE TO YOU KNOW OBVIOUSLY

27:33ALWAYS SUPPORT HOW WE CAN NOT

27:35JUST FUND HOUSING MAKE SURE

27:36THOUGH THAT IT GETS OFF THE

27:38GROUND AND IT SEES ITSELF

27:39THROUGH.

27:39BUT ALSO I THINK IT'S IMPORTANT

27:42TO ACKNOWLEDGE ALL THE OTHER

27:43GREAT FUNDING SOURCES.

27:45YOU KNOW THAT IT GOES TO OTHER

27:47IMPORTANT THINGS OUR CITY

27:48NEEDS.

27:48SO THANK YOU FOR ALL YOU DO.

27:50THANK YOU.

27:51THANK YOU, COUNCILOR MURPHY.

27:53OKAY, COUNCILOR FLYNN FLOOR IS

27:55YOURS.

27:56THANK YOU, MR CHAIR.

27:58AND THANK YOU TO.

27:59THEY DENIED THE OPPORTUNITY TO

28:00WORK WITH YOU ON EVERY ROUND.

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

28:05YOU'VE DONE AN OUTSTANDING JOB,

28:06YOU ARE AN EXCELLENT DEDICATED

28:09CITY EMPLOYEE.

28:09YOU WANT TO WANT TO ACKNOWLEDGE

28:11THAT, UH, VERY PROFESSIONAL.

28:14UM, MY QUESTION WOULD BE.

28:20UM, SO I'M INTERESTED IN

28:21HEARING WHAT KIND OF PLANNING

28:23HAS BEEN DONE TO INCREASE, UH,

28:26THE CPA FEE AND WHAT THAT

28:30INCREASE WOULD REQUIRE FROM A

28:32PROCESS STANDPOINT.

28:34I KNOW SEVERAL MONTHS AGO IT

28:37WAS REPORTED THAT THE CITY WAS

28:39CONSIDERING INCREASING THE CPA

28:42FEE BASICALLY TO COUNTER THE

28:44DECLINE IN FEDERAL FUNDING FOR

28:48AFFORDABLE HOUSING.

28:49BUT IS THAT SOMETHING YOU ARE

28:51CONSIDERING OR YOU'RE ACTIVELY

28:53TRYING TO PURSUE?

28:55NO, I AM NOT AWARE OF ANY

28:58INCREASE.

28:59OKAY.

29:00>> THE SURCHARGE OKAY.

29:03UM.

29:07>> IT WAS IT WAS MY

29:09UNDERSTANDING THAT UM, THE CITY

29:12MAY CONSIDER AN EFFORT TO BOOST

29:15CPA LEVY.

29:16IT CHARGES PROPERTY OWNERS.

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

29:19THOUGH.

29:20NO.

29:21>> OKAY, IF, UM IF THERE WERE

29:24TO BE A CONSIDERATION FOR AN

29:26INCREASE IN THE SURCHARGE, IT

29:28WOULD NEED TO BE ANOTHER BALLOT

29:29INITIATIVE, UM, THAT THE

29:32RESIDENTS OF BOSTON WOULD NEED

29:33TO TO.

29:34>> VOTE ON.

29:34OKAY.

29:35>> EXCELLENT.

29:36UM, SO HAS HAS YOUR OFFICE

29:41TAKEN A POSITION ON THIS

29:45RECOMMENDATION HERE WHERE UM,

29:48YOU KNOW, POSSIBLY RAISING THE

29:51PERCENT OF CPA FOR AFFORDABLE

29:54HOUSING BUT HAVE YOU TAKEN A

29:56POSITION ON THAT?

29:57WOULD YOU BE IN FAVOR OF THAT?

30:00UM, I WOULD SAY THE COMMITTEE

30:01IS OPEN TO BEING FLEXIBLE WITH

30:05INCREASING, UH, REALLOCATING

30:07WITH THEIR ALLOCATIONS.

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

30:10POSITION OF THE COMMITTEE IS

30:13THAT THEY WANT TO BE ABLE TO

30:16CONTINUE TO GIVE 50% TO

30:17AFFORDABLE HOUSING AND HAVE

30:19SOME CONSIDERATION AROUND THE

30:2110% RESERVES EACH YEAR.

30:25SO THE THE AFFORDABLE HOUSING

30:28YOU MENTIONED MIGHT NOT BE FOR

30:30HOME OWNERSHIP BUT IT COULD BE

30:32USED FOR RENTALS.

30:34IS THAT IS THAT ACCURATE?

30:35YES.

30:36>> CURRENTLY OUR CPA FUNDS IS

30:38USED FOR TO CREATE NEW RENTAL

30:40AND HOMEOWNERSHIP UNITS AS WELL

30:43AS SUPPORTING TWO UH UH HOUSING

30:45PROGRAMS.

30:48SO IF WE IF WE DESIGNATE AND

30:51SUPPORT MORE OF THIS MONEY FOR

30:54HOUSING, IT ALSO MEANS WE'RE

30:56NOT PUTTING MORE OF THAT MONEY

30:59INTO OPEN SPACE AND HISTORIC

31:01PRESERVATION.

31:02IS THAT FAIR TO SAY.

31:03THAT IS A FAIR STATEMENT?

31:04OKAY.

31:06>> WHAT IMPACT WOULD THAT HAVE

31:09ON ON PARKS OPEN SPACE AND I

31:11SAY THAT THEY DOING IS IN IN IN

31:15CHINATOWN WHERE I REPRESENT WE

31:17ACTUALLY HAVE THE SMALLEST

31:19PUBLIC PARK IN THE CITY UM AND

31:24WE HAVE VERY VERY LIMITED OPEN

31:26SPACE UM AND BUT BUT WE ALSO

31:30KNOW THAT THERE ARE OTHER

31:33OPPORTUNITIES FOR PARKS TO BE

31:35UPGRADED OR HISTORIC

31:36PRESERVATION BUT WHAT IT

31:37BASICALLY WOULD THAT HAVE A

31:38NEGATIVE IMPACT ON UH, PLANNING

31:43OR SUPPORTING PARKS OPEN SPACE

31:44FOR ESPECIALLY FOR OUR YOUNG

31:46PEOPLE FOR OUR YOUTH?

31:48YES.

31:48>> I WOULD SAY THAT IF THERE'S

31:51UH, NOT ENOUGH FUNDING UM, IF

31:53UH, A LARGER POOL OF FUNDS GOES

31:57TOWARDS A DIFFERENT CATEGORY,

31:58IT IS GOING TO IMPACT THE OTHER

32:00TWO CATEGORIES.

32:02UM, AND SO YES, IT COULD

32:05POTENTIALLY UM AFFECT THE OTHER

32:07TWO CATEGORIES.

32:08WE WILL NOT BE ABLE TO FUND THE

32:10SAME AMOUNT OF PROJECTS.

32:11AND AGAIN IT IS A VERY

32:13COMPETITIVE FUNDING ROUND WITH

32:15CPA.

32:16UM AND SO THERE'S ALWAYS A

32:18CHALLENGE WITH THE COMMITTEE TO

32:20BE ABLE TO ALLOCATE UM FUNDING

32:23TO ALL THE PROJECTS THAT COME

32:24BEFORE US.

32:27OFTENTIMES IF A CITY OR STATE

32:29WANTS TO SUPPORT A DEVELOPMENT

32:31PROJECT WITH WITH FUNDS SO IT

32:34CAN CAN GET OFF THE GROUND,

32:36THEY OFTEN USE THE TERM IT

32:38NEEDS TO BE SHOVEL READY.

32:40SO PROJECT NEEDS TO BE SHOVEL

32:41READY BEFORE THE CITY WILL UH

32:44SUPPORT IT OR THE STATE WILL

32:46SUPPORT IT.

32:46BUT HOW WOULD WE KNOW FOR FOR

32:50THE FOR THE COMPETITIVE PROCESS

32:52THAT A PROJECT IS SHOVEL READY

32:56BEFORE A DECISION IS MADE A CPA

33:00TO TO FUND A PARTICULAR HOUSING

33:02PROJECT.

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

33:05SHOVEL READY DO WE STILL

33:08SUPPORT THE PROJECT KNOWING

33:10EVENTUALLY IT WILL BE IT WILL

33:12UH, BE SHOVEL READY OR MAYBE IT

33:14WON'T BE.

33:16YEAH.

33:16>> I THINK FOR UNDER AFFORDABLE

33:18HOUSING WITH THE JOINT RFP WE

33:20HAVE WITH THE MAYOR'S OFFICE

33:22OF HOUSING, USUALLY DEVELOPERS

33:23HAVE TO RESPOND TO WHAT'S IN

33:25THE RFP.

33:26THEY USUALLY HAVE TO HAVE THEIR

33:28TEAM AND LAND AND EVERYTHING

33:30KIND OF PREPARED AND READY TO

33:32GO AND THEIR NUMBERS IN ORDER

33:34TO BE ABLE TO BUILD AN

33:35UNDERSTANDING THE ADDITIONAL

33:36FUNDS THAT THEY NEED TO CREATE

33:38THE AFFORDABLE HOUSING, UM THAT

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

33:42TO BUILD.

33:42AND SO WE DO UNDERSTAND FOR

33:45AFFORDABLE HOUSING IT DOES TAKE

33:46A LONGER TIME FOR PROJECTS TO

33:49BE BUILT.

33:49SO UNDER CPA UH AFFORDABLE

33:51HOUSING PROJECTS ARE GIVEN FIVE

33:54YEARS TO SPEND FUNDING BECAUSE

33:56THEY NEED ADDITIONAL FUNDING

33:58SOURCES IN ORDER TO PULL

34:00TOGETHER UM ALL THE FUNDING

34:01THEY NEED TO BUILD A LARGER

34:03DEVELOPMENT.

34:04AND SO WHEN SOMEONE IS

34:06RESPONDING TO THE JOINT RFP

34:07THERE IS UM A LOT OF THINGS

34:09THEY HAVE TO HAVE DONE IT IN

34:11PLACE BEFORE THAT PROJECT IS

34:13CONSIDERED.

34:15IF THIS RECOMMENDATION WAS

34:17IMPLEMENTED AND I DO HAVE

34:19INCREDIBLE RESPECT FOR THE THE

34:21THE BOARD THAT MAKES THE

34:23DECISIONS ON WHERE THE FUNDING

34:25WOULD GO.

34:25BUT IF THIS WAS TO BE

34:27IMPLEMENTED, DOES IT TAKE AWAY

34:29ANY OF THE DECISION MAKING FROM

34:32THE BOARD OR THE COMMISSIONERS

34:34?

34:34HOWEVER, HOW HAVE WE FROZEN UM

34:37IN IN THEIR DECISION ON ON

34:39WHERE THIS FUNDING WHERE THIS

34:41MONEY WOULD BE ALLOCATED KNOW

34:43THAT KNOWING THAT A HIGHER

34:45PERCENTAGE HAS TO GO TO

34:48AFFORDABLE HOUSING AND ALSO

34:49LET'S REDUCE THE OPEN SPACE AND

34:52HISTORIC PRESERVATION.

34:54UM YEAH I THE COMMITTEE WOULD

34:56HAVE TO HAVE, YOU KNOW, A

34:58DETAILED CONVERSATION AROUND

35:00WHAT THEY WOULD NEED TO DO.

35:02THEY STILL EVERY FUNDING ROUND

35:04THEY THEY ARE THE DECISION

35:05MAKERS IN HOW THEY WANT TO

35:08ALLOCATE CPA FUNDS AS LONG AS

35:1110% IS MEETING ALL CATEGORIES,

35:14THEY DO HAVE THE FLEXIBILITY TO

35:17CONSIDER HOW MUCH THEY WANT TO

35:18GIVE TO THE OTHER UM WHAT WHAT

35:21THEY WANT TO GIVE TO THE OTHER

35:22THREE TO THE THREE CATEGORIES

35:24AFTER THE 10%.

35:26UM, SO THEY DO HAVE THE

35:28FLEXIBILITY TO ALLOCATE UM MORE

35:31THAN 50%.

35:33HOWEVER THEY DO LIKE THE

35:35BALANCED APPROACH IN WHICH THEY

35:36HAVE NOW BECAUSE THEY'RE JUST

35:38ABLE TO FUND A LOT OF PROJECTS

35:41THROUGHOUT THE CITY OF BOSTON.

35:43WELL, MR.

35:44>> MR CHAIR, I JUST WANT TO SAY

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

35:48WITH DE DEAN FOR FOR FOR NINE

35:51YEARS.

35:51SHE'S DONE AN EXCELLENT JOB AND

35:53SHE'S AN INCREDIBLE UM, CITY

35:56EMPLOYEE AND HAVE A TREMENDOUS

35:57AMOUNT OF RESPECT FOR HER AND

35:59HER TEAM.

35:59THANK YOU, MR CHAIR.

36:00THANK YOU, COUNCILOR FLYNN.

36:02I COMPLETELY AGREE WITH THAT.

36:03UM, COUNCILOR DURKAN, THE FLOOR

36:05IS YOURS.

36:06THANK YOU SO MUCH.

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

36:09TO THIS, UH, HEARING IN

36:11GAMETIME MODE BECAUSE MY

36:13COMMUNITY IS SO VERY MUCH, UM,

36:16SUPPORTIVE OF BOTH AFFORDABLE

36:17HOUSING AND SUPPORTIVE OF OPEN

36:19SPACE AND SUPPORTIVE

36:21OF PRESERVATION.

36:22UM, AND I FEEL STRONGLY THAT UM

36:24,THAT, YOU KNOW, HAVING BEEN

36:26PART OF THE UH THE 74%

36:29OF VOTERS IN BOSTON THAT

36:30SUPPORTED THIS UM THAT THE

36:33REASON WHY THIS WAS SO POPULAR

36:35IS BECAUSE OF THAT TRIO

36:36OF THINGS THAT ARE IMPORTANT TO

36:38OUR CITY AND UM AND I KNOW THAT

36:41UM, WE HAVE UH, NINE MEMBER

36:43BOARD THAT IS CHARGED WITH SORT

36:45OF APPROPRIATING THESE FUNDS

36:46AND THEY'VE DONE AN INCREDIBLE

36:48JOB.

36:48NOT EVERY SINGLE PROJECT THAT I

36:50HAVE, YOU KNOW, PUT MY FULL

36:52THROATED SUPPORT BEHIND HAS

36:53GOTTEN FUNDED.

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

36:57LOT OF GOOD.

36:58UM, JUST DOING THE MATH.

36:59UM, AFFORDABLE HOUSING IF WE

37:02HAVE GIVEN OVER $134 MILLION TO

37:05AFFORDABLE HOUSING THROUGH 66

37:07PROJECTS UM, THE AVERAGE YOU

37:09KNOW, IF YOU IF YOU SORT

37:11OF DIVIDED THAT THE AVERAGE

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

37:16TOWARDS YOU KNOW, TO TOWARDS

37:17THAT WORK FOR HISTORIC

37:19PRESERVATION IF IT'S $62

37:22MILLION AND 207 PROJECT THE

37:24AVERAGE IS $300,000.

37:25BUT I KNOW IN MY DISTRICT IT

37:27COULD BE AS SMALL AS, YOU KNOW

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

37:32MILLIONS OF DOLLARS.

37:34UM, I THINK WHAT THAT TELLS

37:37ME UM AND I THINK I COULD DO

37:39THE SAME FOR OPEN SPACE BUT UM

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

37:42BEEN BEING TALKED ABOUT TODAY.

37:43UM.

37:45I THINK WHAT THAT TELLS ME IS

37:46THAT WE'RE GETTING A LOT

37:47OF BANG FOR OUR BUCK ON THE

37:49HISTORIC PRESERVATION PROJECTS.

37:51I MEAN, YOU KNOW, IN MY

37:52DISTRICT THEY MOSTLY FOCUS ON

37:54THINGS THAT ARE VISIBLE TO THE

37:56STREETSCAPE.

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

38:00THE WINDOWS, THE DORMER UM, YOU

38:03KNOW, OFTENTIMES WATERPROOFING

38:05THINGS THAT IF NOT DONE QUICKLY

38:08COULD END UP CAUSING A LOT

38:10OF OTHER DAMAGE THAT WAS UH UM

38:12THAT WAS AN EXAMPLE FROM THE

38:14RUGGLES BAPTIST CHURCH AND

38:14AUDUBON CIRCLE IN MY DISTRICT

38:16THAT UM THAT HAD SOME MUCH

38:18NEEDED UM, REPAIRS AND IT WAS

38:21REALLY SERVE THE COMMUNITY UM

38:24HISTORIC PRESERVATION.

38:24I SEE A LOT OF FOLKS HERE.

38:26JEFF GONYEA, THANK YOU FOR YOUR

38:29LEADERSHIP ON AND I KNOW SEE

38:30REBECCA KEMPER I SEE OBVIOUSLY

38:32OUR DIRECTOR OF HISTORIC

38:34PRESERVATION, UH, KATHY CARITAS

38:36AND ELIZABETH SHAW.

38:36AVA, THANK YOU FOR ALL THE WORK

38:38THAT YOU DO.

38:39I REALLY BELIEVE AS SOMEONE WHO

38:40CARES DEEPLY ABOUT BOTH

38:43AFFORDABLE HOUSING AND, UM, AND

38:45MAKING THINGS, UH, YOU KNOW,

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

38:49HUGE ADVOCATE FOR HOUSING, UM,

38:51AND A HUGE ADVOCATE FOR

38:53HISTORIC PRESERVATION THAT

38:54THESE ARE JUST NOT TWO

38:55PRIORITIES THAT WE SHOULD PUT

38:56AGAINST EACH OTHER.

38:57UM, I THINK THE COMMUNITY

38:58PRESERVATION ACT IS POPULAR

39:00BECAUSE OF THAT TRIAD OF THINGS

39:02THAT PEOPLE CARE DEEPLY ABOUT.

39:04AND UM, I DO UNDERSTAND EXACTLY

39:07WHERE WE'RE COMING FROM HERE.

39:08BUT IN TERMS OF THE UM WHEN I

39:12THINK ABOUT UH, IT AFFORDABLE

39:15HOUSING IS EXTREMELY EXPENSIVE

39:17AND THERE'S A LOT OF DIFFERENT

39:18FUNDING STREAMS THAT FUND THOSE

39:20THINGS.

39:20I THINK THAT WE NEED TO GO BACK

39:22TO THE STATE AND I THINK THIS

39:24IS SOMETHING THAT I COULD WORK

39:25WITH THE LEAD SPONSOR ON AND

39:26SORT OF BUILD.

39:27>> A.

39:27COALITION, UH, BEHIND REALLY

39:30ADVOCATING AT THE STATE HOUSE

39:32FOR THERE TO BE MORE MONEY

39:33AVAILABLE FOR CPI AND LIKE NOT

39:36NECESSARILY UM, NOT NECESSARILY

39:39SAYING CAN WE CHANGE THE

39:40PERCENTAGE BUT CAN WE CHANGE

39:41THE AMOUNT OF TOTAL FUNDING

39:42AVAILABLE?

39:43UM AND I THINK THAT'S SOMETHING

39:44THAT WE CAN LOBBY FOR.

39:47UM I ACTUALLY A LOT OF PEOPLE

39:48DON'T KNOW THIS BUT I ACTUALLY

39:49MET THE FORMER COUNCILOR KENZI

39:51BOK.

39:51WE BECAME FRIENDS BECAUSE

39:53OF THIS EPA BALLOT INITIATIVE

39:55AND UM, SHE WAS NOT YET A

39:58COUNCILOR AND SHE WANTED TO GET

39:59A MEETING WITH

40:00COUNCILOR MICHELLE WU ON THIS

40:01ISSUE.

40:02AND I GOT HER THE MEETING AND

40:03THE REST IS HISTORY.

40:05SO UM ANYWAYS, THEY SO I THINK

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

40:08INTERESTING UH, MY PERSONAL

40:12EXPERIENCE WITH THIS BALLOT

40:13INITIATIVE AND UM, BEING AN

40:16ACTIVIST IN THE COMMUNITY

40:18SPECIFICALLY FOR HISTORIC

40:19PRESERVATION AND AFFORDABLE

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

40:22JUST SAY THAT I THINK BOSTON

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

40:26OF THIS HAVE HANDLED, UM, THIS

40:28GREAT RESPONSIBILITY.

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

40:32WE'VE GOTTEN A LOT OF THINGS

40:33DONE.

40:34UM, OTHER COMMUNITIES AROUND

40:36THE STATE ARE USING THIS TO BUY

40:38UP OPEN SPACE.

40:39SO THE AFFORDABLE HOUSING IS

40:41NOT BUILT.

40:42WE HAVEN'T BEEN DOING THAT.

40:43WE HAVEN'T NIMBY FIED OUR CPA

40:46FUNDING AND I THINK THAT'S A

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

40:50AND SO I BUT I DO THINK THESE

40:52CONVERSATIONS NEED TO HAPPEN

40:53OUT IN THE OPEN.

40:54SO I WANT TO THANK THE LEAD

40:55SPONSOR FOR FOR PUTTING THIS

40:57FORWARD BECAUSE UM THE AMOUNT

40:59OF EMAILS I'VE GOTTEN ABOUT AND

41:01AND THEY'RE ALL PEOPLE WHO

41:02HAVEN'T REACHED OUT TO

41:03ME BEFORE WHO HAVE JUST HEARD

41:04THAT THIS MIGHT BE A PROPOSAL

41:06THAT'S AT THE CITY COUNCIL.

41:07SO ON BEHALF OF MY DISTRICT, I

41:09JUST WANT TO SPEAK VERY

41:10STRONGLY THAT I BELIEVE THAT

41:11THESE THREE PRIORITIES, UM,

41:13SHOULD CONTINUE TO BE

41:16PRIORITIES IN THIS UM, IN THESE

41:18TRANCHES OF MONEY.

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

41:21YOU KNOW, 207 PROJECTS AND $62

41:24MILLION I THINK THAT WE'VE BEEN

41:25GREAT STEWARDS OF THIS

41:26RESOURCE.

41:27UM, THE ONE QUESTION THAT I

41:29HAVE THAT IS INCREDIBLY

41:30IMPORTANT TO OUR DISTRICT IS

41:32HOW DO YOU REGISTER THE

41:34CONNECTION BETWEEN A PROJECT OR

41:35BUILDING AND THE CONNECTION

41:36THAT THAT BUILDING OR PROJECT

41:38HAS WITH THE COMMUNITY?

41:40BECAUSE OFTEN TIMES I SEE

41:41CERTAIN PROJECTS FUNDED THAT,

41:43YOU KNOW IT'S A BEAUTIFUL

41:45BUILDING IT IT NEEDS YOU KNOW,

41:47SPECIAL UM YOU KNOW IT NEEDS

41:49SPECIAL CARE.

41:50UM BUT THEN I SEE OTHER

41:51BUILDINGS THAT THEY'VE ALREADY

41:53MAYBE THEY'VE ALREADY RECEIVED

41:55CPA FUNDING AND WHEN THEY COME

41:57BACK IN THEY'RE LESS LIKELY TO

41:59RECEIVE FUNDING EVEN THOUGH

42:00THAT ONE BUILDING OR COMMUNITY

42:02SPACE IS INCREDIBLY IMPORTANT

42:04TO THE COMMUNITY.

42:05SO I JUST LIKE TO ADVOCATE FOR

42:08THERE TO BE SOME WEIGHT GIVEN

42:10TO THE SIGNIFICANCE TO THE

42:11COMMUNITY.

42:12UM, AND THEN ALSO I JUST WANT

42:14TO KNOW HOW THAT IS HANDLED IN

42:16THE NINE PERSON, YOU KNOW,

42:18BOARD THAT CURRENTLY EXISTS

42:20THAT'S MAKING THESE DECISIONS.

42:22SURE.

42:22>> SO UH, A LOT OF THE PROJECTS

42:24THAT COME IN FOR UNDER HISTORIC

42:27PRESERVATION, UM, IF THEY'VE

42:29BEEN FUNDED BEFORE, THERE IS A

42:31PUBLIC BENEFIT SECTION WITHIN

42:33THE APPLICATION THAT THEY DO

42:34HAVE TO TO ANSWER AND RESPOND

42:35TO.

42:37WE ALSO KNOW THAT THERE ARE

42:38PROJECTS THAT ARE COMING BACK

42:39FOR A MULTI-PHASE APPROACH AND

42:42WE AS A STAFF WE THINK ABOUT

42:44THIS AND WE PRESENT IT TO THE

42:46COMMITTEE WHEN WE CAN FUND A

42:47PROJECT AND GET MULTIPLE SCOPES

42:49OF WORK DONE AND GET IT OUT

42:50OF OUR PIPELINE.

42:51THAT'S A PROJECT THAT'S

42:52COMPLETED AND DOES NOT NEED TO

42:53COME BACK AND THEN WE CAN FOCUS

42:56ON HELPING OTHER UM, HISTORIC

42:59PRESERVATION PROJECTS WITHIN

43:00THE COMMUNITY.

43:01IT ALSO DETERMINES THE NEED THE

43:04KIND OF INJURY, HARM OR

43:06DESTRUCTION THAT MAY BE

43:06HAPPENING TO THE BUILDING.

43:08AND SO WE MAY HAVE FUNDED A

43:09PROJECT AND IT COVERED ONE

43:10SCOPE OF WORK THAT'S COVERING

43:12ONE SIGNIFICANT INJURY THAT'S

43:14CAUSING INJURY AND HARM TO THE

43:16BUILDING.

43:16BUT THERE MAY BE OTHER FACTORS

43:18AND THINGS THAT ARE STILL

43:19CONTINUING TO HARM THAT

43:20BUILDING AND WE ARE HELPING

43:23THAT BUILDING KIND OF RESTORE

43:24AND PRESERVE ITSELF TO BE, YOU

43:27KNOW, GOOD STEWARDS SO THEY CAN

43:29START TO PROTECT THEIR BUILDING

43:30AND NOT HAVE TO RELY ON FUNDING

43:32BUT THEY CAN START TO RELY ON

43:34UM THEIR ONGOING MAINTENANCE

43:35PLAN THAT THEY MAY HAVE.

43:37SO IT IS A DIFFICULT DECISION

43:39BETWEEN THE SELECTION PROCESS

43:41OF UM PROJECTS THAT COME WITHIN

43:43THE AND THE HISTORIC

43:44PRESERVATION CATEGORY BECAUSE

43:46IT IS THE LARGEST REQUEST

43:47OF PROJECTS THAT COME BEFORE

43:49THE COMMITTEE.

43:49BUT THERE IS A STRATEGY IN US

43:52TRYING TO HELP REALLY UH, LONG

43:54TERM BUILDINGS THAT HAVE UH,

43:56LONG TERM DISREPAIR ALSO TRYING

43:58TO, YOU KNOW, HELP THE NEEDS

44:00OF THOSE NEWER PROJECTS THAT

44:01ARE COMING IN.

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

44:03QUICKLY ONE EXAMPLE AND I KNOW

44:05NOT A QUESTION HERE BUT UM

44:08YEAH.

44:08SO OUR UM WE HAVE UH, HILL

44:11HOUSE IN OUR DISTRICT THAT

44:12BASICALLY IS OUR COMMUNITY

44:13CENTER.

44:14WE DON'T HAVE A COMMUNITY

44:15CENTER.

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

44:16UM, SO THAT IS AN OLD FIREHOUSE

44:19THAT WAS ACTUALLY PURCHASED

44:19FROM THE CITY OF BOSTON AND IT

44:22WAS AN OLD, UH, HISTORIC AND

44:23CITY BUILDING.

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

44:26EXAMPLE AS LIKE THAT COMMUNITY

44:28SPACE HAS WAY MORE SORT

44:30OF GRAVITAS AND IMPORTANCE

44:32BECAUSE IT'S USED BY THE

44:33COMMUNITY AND ALL OF OUR

44:34NEIGHBORHOOD KIDS.

44:35UM, THEN YOU KNOW, POTENTIALLY

44:37A CHURCH THAT IS GREAT BUT

44:39COULD POTENTIALLY DO PRIVATE

44:41FUNDRAISING TO GET THE SAME

44:42RESULT.

44:43SO JUST WANT TO BE GREAT.

44:44I'M GRATEFUL TO THE NINE MEMBER

44:45BODY THAT MAKES THESE DIFFICULT

44:47AND HARD DECISIONS AND THANK

44:49YOU FOR YOUR WORK.

44:49THANK YOU.

44:50THANK YOU.

44:50AND IF I COULD JUST RESPOND TO

44:52THE UM SO HILL HOUSE WE HAVE

44:54FUNDED TWICE AND I DO WANT TO

44:55SAY A LOT OF THE CHURCH

44:57BUILDINGS WERE NOT JUST FUNDING

44:58THEM BECAUSE THEY'RE CHURCHES.

44:59THEY ALSO HAVE TO PROVIDE A

45:00PUBLIC BENEFIT SO THEY COULD

45:01EITHER BE DOING FOOD DRIVES,

45:03HOLDING AA MEETINGS, HAVING

45:05COMMUNITY SPACES UM HAVING A

45:08SIGNIFICANT AMOUNT OF UM PUBLIC

45:10RESOURCES THAT THEY GIVE TO THE

45:11COMMUNITY.

45:12SO THAT IS A PUBLIC UM BENEFIT

45:14AND IMPACT THAT THE COMMITTEE

45:15REQUIRES TO UNDERSTAND WHAT IS

45:17HAPPENING IN THESE HISTORICAL

45:19SPACES.

45:20IT DOES HAVE TO PROVIDE A

45:21LARGER PUBLIC BENEFIT.

45:23THANK YOU.

45:24THANK YOU.

45:25OKAY.

45:25NEXT WE HAVE

45:26COUNCILOR FITZGERALD.

45:28THANK YOU CHAIR NADEEN THANK.

45:30>> YOU FOR BEING HERE TODAY.

45:31HOW ARE YOU?

45:31GOOD.

45:31>> HOW ARE YOU?

45:32GOOD.

45:33UM YOU'VE DONE A GREAT JOB

45:34ANSWERING THE QUESTION.

45:35SO SOME THINGS I HAVE, UH,

45:36LEARNED BUT JUST A COUPLE OTHER

45:37QUESTIONS.

45:38I IMAGINE WE COULD USE 100%

45:41OF SIPA TOWARDS AFFORDABLE.

45:42HOUSING GIVEN.

45:42>> THAT.

45:43WE NEED.

45:43>> SO MUCH.

45:44>> RIGHT.

45:44>> UM, BUT I DO APPRECIATE YOU

45:45KEEPING THE BREAKDOWN AS.

45:46IS BECAUSE.

45:47>> I.

45:47THINK A LOT OF THE PRESERVATION

45:48AND OPEN SPACE PROJECTS THAT

45:49HAVE GONE FORWARD AND THAT

45:50STILL NEED TO GO FORWARD IN THE

45:52FUTURE ARE IMPORTANT.

45:53SO I APPRECIATE LEAVING THAT

45:55WIGGLE ROOM OF THAT EXTRA 10%

45:57TO DECIDE WHERE WE WANT TO ADD

45:58MORE GIVEN WHATEVER TIME WE'RE

46:00AT.

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

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

46:08SO IT'S FOR THE PROJECTS THE

46:09AFFORDABLE HOUSING PIECE GOES

46:10FOR PROJECTS UP TO 100% AMI.

46:12YES UNDER THE STATUTE.

46:14YEP.

46:15SO 100% AM I AND BELOW.

46:16AM I CAN DIFFER RIGHT DEPENDING

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

46:20IS THE AREA MEDIAN INCOME.

46:22IS IT IS IT CAN WE GET MORE

46:25PROJECTS DONE IN AREAS THAT

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

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

46:32TO YOU KNOW IF THAT AREA HAS A

46:34LOWER PROJECT WOULD IT BE COULD

46:36WE GET MORE DONE IN COMMUNITIES

46:38OF NEED OR ARE YOU ABLE TO DO

46:40MORE PROJECTS OR FUND MORE

46:41UNITS BASED ON THAT?

46:43OR IF THERE IS ONE WHERE THE

46:45100% OF THE AM I MIGHT BE

46:47HIGHER THAN ANOTHER PART OF THE

46:48CITY?

46:50UM YOU KNOW THE MONEY DOESN'T

46:51GO AS FAR IF WE RUN INTO THAT

46:53ISSUE AT ALL.

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

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

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

46:58WOULD SAY THAT IT DEPENDS ON

47:00THE DEVELOPERS THAT ARE COMING

47:01IN AND RESPONDING TO THE JOINT

47:03RFP AND WHAT THEIR MODEL IS AND

47:07THEIR FUNDING MODEL THAT

47:09THEY'RE PRESENTING TO ME AND

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

47:14DEPENDS ON THE WHAT THE

47:15DEVELOPER IS BRINGING, HOW MANY

47:17UNITS THERE THEY'RE THINKING

47:18THAT THEY CAN BUILD AND HOW

47:19MUCH MONEY THAT THEY'RE GOING

47:21TO GET.

47:21AND I THINK THAT KIND OF DRIVES

47:23WHAT THEY COULD POTENTIALLY

47:24WHAT THE AMI LEVEL COULD

47:26POTENTIALLY BE IN IN THAT

47:27HOUSING DEVELOPMENT.

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

47:32MOST I CAN ANSWER FOR THAT

47:33QUESTION BUT UM BECAUSE THAT'S

47:35PROBABLY.

47:36MORE DO WE THINK IS THERE WHEN

47:37YOU LOOK AT WHICH PROJECTS TO

47:39FUND ON IN THE HOUSING PIECE IS

47:41IT DOES IT FALL LIKE IS THERE

47:43ANY CATEGORIES THAT YOU USE TO

47:45PRIORITIZE WHICH PROJECTS MIGHT

47:47GET IT AS IN LIKE THE MORE

47:48UNITS WE GIVE MORE WEIGHT IF

47:50IT'S A LARGER BUILDING THAT

47:51MIGHT PRODUCE MORE HOUSING AND

47:53THEREFORE WE'LL LOOK AT THAT

47:54MAYBE A LITTLE BIT CLOSER THAN

47:56SOMETHING THAT MIGHT JUST YOU

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

47:59OR SOMETHING LIKE THAT.

48:00SURE THE COMMITTEE WANTS TO

48:01SUPPORT DEEPER AFFORDABILITY SO

48:03THEY DO WANT TO HELP UM, SOME

48:05OF THE THE THE PROJECTS UM TO

48:08HELP BRING DOWN THE AMI LEVELS

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

48:14ASIDE UNITS THEY LIKE THOSE

48:15KIND OF PROJECTS AND WANT TO

48:17SUPPORT THOSE KIND OF PROJECTS

48:18AND THEY LIKE TO SUPPORT

48:20HOMEOWNERSHIP UNITS AND

48:21HOMEOWNERSHIP PROGRAMS.

48:23SO THE COMMITTEE DOES WANT TO

48:24SUPPORT UM DEEPER

48:26AFFORDABILITY.

48:27GREAT.

48:28>> UM, I NOTICED IN UH ONE

48:30OF THE BULLET POINTS HERE UNDER

48:31THE AFFORDABLE HOUSING PROJECTS

48:33WE TALK ABOUT SUPPORTING

48:34VETERANS, SENIORS, ARTISTS,

48:35INDIVIDUALS EXPERIENCING

48:36HOMELESSNESS LIKE YOU JUST

48:37MENTIONED.

48:38UH, AND THE NEXT BULLET SAYS IT

48:40PRIORITIZES LOCAL RESIDENTS.

48:41UM, ARE THOSE TWO EXCLUSIVE OR

48:44IS THAT THE SAME LIKE WHEN

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

48:46SUPPORTING IS IT AND HOW DO WE

48:48DEFINE LOCAL RESIDENT WHEN YOU

48:49GUYS LOOK AT UH UM YOU KNOW,

48:52THE SHEET AND WHO WOULD WHO

48:54WE'RE TRYING TO TO SUPPORT?

48:55YEAH.

48:55>> AND I THINK I MADE THAT

48:57STATEMENT BECAUSE I YOU KNOW,

48:58THE COMMITTEE IS TRYING TO YOU

49:00KNOW, SUPPORT DEEPER AFFORDABLE

49:02UNITS SO FOLKS DON'T HAVE TO

49:04LEAVE THEIR NEIGHBORHOODS.

49:05AND SO THAT'S THE THE STATEMENT

49:07BY SAYING LOCAL RESIDENTS IS

49:09REALLY HAVING FOLKS BE ABLE TO

49:10STILL STAY IN THE NEIGHBORHOOD

49:11IN WHICH THEY GREW UP TO STAY

49:13WITH THEIR FRIENDS AND FAMILY.

49:14AND SO THE GOAL OF SAYING THAT

49:16THEY WANT TO HAVE MORE DEEPER

49:19AFFORDABILITY IS THE GOAL THAT

49:20EFFORT UNITS ARE MORE

49:21AFFORDABLE.

49:22IT'S MORE LIKELY THAT THE

49:23RESIDENTS WITHIN THAT

49:24NEIGHBORHOOD ARE ABLE TO STAY

49:25BECAUSE THEY'RE ABLE TO AFFORD

49:27STAYING THERE.

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

49:30WHEN IT SAYS UH WHEN I TRY TO

49:31SAY LIKE WHAT IS DEFINING A

49:33LOCAL RESIDENT?

49:34IT JUST I OF COURSE THE IDEA IS

49:35SOMEONE GREW UP IN A

49:37NEIGHBORHOOD AND YOU CAN STAY

49:38THERE BUT SOMEONE COULD JUST

49:39MOVE IN THE WEEK BEFORE AND

49:41STILL YOU KNOW, IT'S STILL

49:43UNDER THE CATEGORY OF A LOCAL

49:45RESIDENT.

49:45EXACTLY.

49:46IT'S NOT RENTING OR

49:47HOMEOWNERSHIP IS IT DOESN'T

49:48MATTER.

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

49:51KNOW ALL THE PROJECTS THAT WE

49:53THAT CPA FUNDS ARE FOR ALL

49:56RESIDENTS AND ALL NEIGHBORHOODS

49:57.

49:58>> YEAH WE WANT.

49:59EXACTLY WE WANT FOLKS THAT GO

50:02TO DIFFERENT PARKS FROM

50:03CHARLESTOWN TO DORCHESTER.

50:05WE WANT DORCHESTER RESIDENTS TO

50:06TO VISIT A CHARLESTON PARK.

50:08YEAH WE WANT CHARLESTOWN

50:09RESIDENTS TO VISIT A ROXBURY

50:10PARK.

50:11SO ALL OF THESE SPACES ARE KIND

50:12OF OPEN FOR EVERYONE UM, TO

50:14VISIT AND THAT'S THE GOAL.

50:15GREAT.

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

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

50:19THERE'S A CHURCH IN MY

50:20DISTRICT, UH, A SEVENTH DAY

50:22ADVENTIST CHURCH HISPANIC

50:23SPEAKING WITH THE ONE ROUND

50:25JUST CLOSED.

50:26RIGHT.

50:26WE JUST CLOSE AT THE END

50:27OF AUGUST.

50:28SO IF I WERE THERE LOOKING AT

50:30POTENTIAL CPA FUNDS WHAT DO I

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

50:32GO BACK TO TELL THEM ON NEXT

50:34STEPS OF WHAT THEY CAN DO, HOW

50:35TO APPLY, ETC..

50:36SURE THEY CAN REACH OUT TO OUR

50:38OFFICE, THEY CAN REACH OUT TO

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

50:41THEM A LITTLE BIT MORE ABOUT

50:42THE NEEDS THAT THEY MAY HAVE

50:44FOR THE BUILDING AND DECIDING

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

50:47ASKING FOR IS THE ELIGIBLE

50:48SCOPE AND IS THERE UM PROJECT

50:50DOES THEIR BUILDING HISTORICAL

50:52AND WORKING WITH THE BOSTON

50:53LANDMARKS COMMISSION SO THEY

50:54CAN REACH OUT TO ME AND WE CAN

50:56ANSWER A LOT OF QUESTIONS.

50:57AWESOME.

50:57>> I'LL HAVE THEM DO THAT AND

50:59THEN THANK YOU SO MUCH AS

51:00ALWAYS, UH, FOR YOUR TIME UP

51:01HERE AND YOUR GREAT ANSWERS.

51:03UH, CHAIR, THANK YOU VERY MUCH

51:04FOR THE TIME AS WELL.

51:05THANK YOU, COUNCILOR CAO.

51:07I ALSO JUST WANT TO ACKNOWLEDGE

51:08THAT WE'VE BEEN JOINED BY

51:10COUNCILOR ROOTSY LOUIJEUNE.

51:11THANK YOU FOR BEING HERE.

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

51:14COUNCILOR BREADON.

51:15YOU HAVE.

51:16SEVEN MINUTES.

51:17>> THANK YOU.

51:18AND THANK.

51:19>> YOU DIRECTOR BROWN.

51:20SO GOOD TO SEE YOU AND THANK

51:21YOU FOR YOU.

51:22YOU'VE BEEN DOING THIS FOR A

51:23WHILE AND YOUR INCREDIBLE

51:24LEADERSHIP HAS PAYING OFF.

51:26I THINK YOU HAVE A GREAT TEAM

51:28WORKING WITH YOU AND I REALLY

51:29DO APPRECIATE IT.

51:30THE THE CONSCIENTIOUS ATTENTION

51:33TO THE DETAILS AND TRYING TO BE

51:35YOU KNOW, WITH YOUR COMMITTEE

51:36WORKING TO MAKE IT A FAIR

51:39DISTRIBUTION OF ALL THESE

51:40INCREDIBLE ASSETS.

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

51:44THE SENTIMENT THAT ALL OF THESE

51:46CATEGORIES ARE INCREDIBLY

51:47IMPORTANT UH, HISTORIC

51:50PRESERVATION CAN ACTUALLY

51:51INVOLVE PRESERVING PRESERVATION

51:53OF HOUSING AS WELL, UH, OPEN

51:55SPACE AND AND UH, RECREATIONAL

51:56SPACE.

51:57AND THE ONE QUESTION I HAD IS,

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

52:02OF THE DISCRETIONARY PORTION

52:05OF THE FUNDS.

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

52:09AND DO WE ALWAYS DISTRIBUTED OR

52:12DO WE DO THE MOVE?

52:15IT GIVES YOU SOME FLEXIBILITY

52:16BUT HOW DOES THAT WORK.

52:18YEAH SO THE 10% RESERVE USUALLY

52:20BECAUSE THERE'S SUCH A HIGH

52:22DEMAND UM TO FUND PROJECTS EACH

52:24FUNDING ROUND THE COMMITTEE HAS

52:26HISTORICALLY HAVE USED IT

52:28ACROSS UM HISTORIC PRESERVATION

52:30AND OPEN SPACE AND RECREATION

52:32TO HELP FUND THOSE ADDITIONAL

52:33PROJECTS.

52:34THERE'S I THINK ONE FUNDING

52:36ROUND WHERE WE MAY HAVE HAD

52:37MAYBE $2,000 REMAINING OUT

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

52:41DID.

52:42UM, BUT THAT THAT 10% IS

52:45USUALLY BEING USED.

52:46YEAH, YEAH.

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

52:49THERE'S NO ONE HERE FROM THE

52:50MAYOR'S OFFICE OF HOUSING.

52:51A LOT OF MY QUESTIONS RELATED

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

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

52:57MANY QUESTIONS ABOUT THAT.

52:58BUT THE BOSTON ACQUISITION FUND

53:00IS IT A STANDARD?

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

53:04GIVEN EVERY YEAR OR DOES IT

53:05FLOAT AS WELL?

53:07NO.

53:07>> SO THE ACQUISITION FUND WAS

53:09FUNDED IN TWO YEARS AND THEN

53:11THERE WAS A SERIES OF YEARS

53:13SEVERAL YEARS WHERE IT DID NOT

53:15COME IN FOR FUNDING.

53:16SO THIS IS THE FIRST TIME UM IN

53:18THIS FY 27 FUNDING ROUND THAT

53:20THE ACQUISITION FUND IS COMING

53:22BACK TO CPA.

53:23WE'VE ONLY FUNDED THEM TWICE

53:24AND I WANT TO SAY IT WAS IN

53:272019 AND 2020 AND THEY HAVE NOT

53:30COME BACK TO US.

53:31UNTIL UNTIL NOW.

53:33THERE'S SOMETIMES UH WE FIND

53:34OURSELVES IN THE MOMENT WHERE

53:37UM THE ABILITY TO ACQUIRE UH,

53:39FOR A NONPROFIT OR TO SUPPORT

53:41THE ACQUISITION OF A PROPERTY

53:43AND TAKE IT OUT OF THE

53:44SPECULATIVE MARKET.

53:45AND THERE'S A LOT OF THOSE

53:46OPPORTUNITIES COMING UP NOW.

53:47SO I'M PLEASED TO SEE THAT

53:49THEY'RE COMING BACK FOR THAT

53:50UM, MONEY THIS YEAR.

53:52UH, AND THEN IN TERMS OF THE

53:54THE THE ONE PLUS BOSTON THAT

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

53:57FULLY IN SUPPORT OF IT I THINK

53:59IT'S AN INCREDIBLE PROGRAM LIKE

54:01A 1000 FOR TIME HOMEOWNERS UH

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

54:09THE HELP OF WITH DOWNPAYMENT OR

54:11BUYING DONE POINTS AND THEIR

54:13MORTGAGE.

54:13IS THAT, UM IS THAT HOW

54:16SUCCESSFUL DO YOU THINK THAT'S

54:18BEEN IN TERMS OF UH, OPENING UP

54:20HOMEOWNERSHIP OPPORTUNITIES FOR

54:22FOLKS?

54:22OH THAT'S BEEN TRANSFORMATIONAL

54:24.

54:24THAT PROGRAM HAS HELPED A LOT

54:27OF FIRST TIME UM FIRST TIME

54:30HOMEOWNERS UM THAT ARE THAT DID

54:34NOT HAVE THE OPPORTUNITY TO BE

54:36HOMEOWNERS BEFORE HELPING TO

54:38BUILD GENERATIONAL WEALTH THAT

54:40THAT PROGRAM IS EXTREMELY

54:42SUCCESSFUL.

54:44UM I KNOW WE ARE APPROACHING

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

54:49ANNIVERSARY OF THE REVOLUTION.

54:51WE'RE HEADING TOWARDS THE 400TH

54:53BIRTHDAY OF THE CITY OF BOSTON

54:55IN 2030.

54:56UM ARE WE ARE WE HAVING BIGGER

55:00LIKE MORE STRATEGIC

55:01CONVERSATIONS OR IS THIS EVEN

55:02THE SPACE TO HAVE THOSE

55:03CONVERSATIONS ABOUT TARGETING,

55:06UM, MONEY FOR HISTORIC

55:07PRESERVATION AS WE APPROACH

55:09THIS REALLY MOMENTOUS

55:10ANNIVERSARY FOR THE CITY?

55:12UM, I WOULD SAY WHEN WE HAVE

55:14NOT STARTED TO HAVE ANY

55:16OF THOSE CONVERSATIONS.

55:17UM, NOT.

55:18>> WITH THE COMMITTEE.

55:19I THINK WE'RE ALWAYS LOOKING AT

55:21THE PROJECTS THAT COME BEFORE

55:22US WITH THE CRITICAL NEED.

55:24UM, REALLY YOU KNOW WHAT

55:27PROJECTS ARE WELCOME TO COME IN

55:29FOR CPA FUNDING?

55:30UM, AND THE COMMITTEE IS ALWAYS

55:32OPEN TO SUPPORT PROJECTS THAT

55:34ARE COMING BEFORE THEM IN THE

55:35HISTORIC PRESERVATION CATEGORY

55:37.

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

55:39A DETAILED CONVERSATIONS AROUND

55:41UM, THAT STRATEGIC PLAN AROUND

55:43THE.

55:43400TH ANNIVERSARY.

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

55:51THE CITY AS A DISTRICT

55:52COUNCIL FOR ARTS AND BRIGHTON

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

55:56ON OUR ABILITY TO GET FUNDS.

55:57I THINK PART OF IT IS UM HAVING

56:01SUPPORTING ORGANIZATIONS TO

56:02WRITE THE GRANT, WRITE THE RFP

56:04AND AND GET IN THE DOOR TO HAVE

56:07THE CONVERSATION.

56:08UM, I THINK THAT'S REFLECTIVE

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

56:12IF IF IT'S A HISTORIC

56:14PRESERVATION PROJECT PERHAPS I

56:15THINK THAT'S THE ONE THAT WE

56:16MAYBE HAVE THE MOST DIFFICULTY

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

56:21IT'S A HOUSING PROJECT OR A

56:24GREEN SPACE AND RECREATION ONE

56:26THING PARKS DEPARTMENT AND

56:28HOUSING MAYOR'S OFFICE

56:28OF HOUSING ARE VERY INVOLVED IN

56:29THOSE CONVERSATIONS.

56:32IS IT A WAY FOR SMALL COMMUNITY

56:35ORGANIZATIONS TO GET I KNOW YOU

56:36DO A GREAT JOB WITH OUTREACH,

56:38BUT IS THERE MORE THAT WE CAN

56:39DO TO HELP ENABLE THEM TO MAKE

56:41BETTER PITCHES FOR UM,

56:43ESPECIALLY IN THE AREA

56:44OF HISTORIC PRESERVATION FOR

56:45SOME OF THESE SMALLER PROJECTS?

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

56:50ALWAYS THINKING ABOUT THAT LIKE

56:52HOW CAN WE TALK TO MORE PEOPLE

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

56:55ONE BASIS?

56:56I KNOW WE DO HOST THESE UM,

56:58MEET AND GREETS AND INFORMATION

57:00SESSIONS BUT REALLY IF FOLKS

57:02HAVE A PROJECT AND YOU KNOW,

57:05THEY THINK CPA FUNDS MAY BE

57:06ELIGIBLE REALLY COMING AND

57:08TALKING TO US OR ASKING US TO

57:09COME OUT, WE REALLY WANT TO

57:10HAVE THOSE CONVERSATIONS

57:11BECAUSE WHAT WE ARE LEARNING

57:13AND WHAT WE HAVE LEARNED IS

57:15THAT A LOT OF FOLKS WHO HAVE

57:17HISTORICAL BUILDINGS HAVE NO

57:18KNOWLEDGE OF HOW TO MAINTAIN

57:20THEM.

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

57:21CONDITION'S ASSESSMENT IS.

57:23THEY MAY NOT KNOW WHAT THEY

57:24HAVE NEEDED.

57:24THEY'VE BEEN HIRING A

57:26CONTRACTOR TO DO PARTICULAR

57:27WORK THAT'S PROBABLY NOT

57:29SUITABLE WORK, UM TO SUPPORT

57:31THEIR BUILDING.

57:32SO WE'RE TRYING TO EDUCATE THEM

57:34MORE ABOUT HOW CPA FUNDS WORK

57:36AND HOW OUR FUNDS COULD BE USED

57:38TO HELP THEM.

57:39AND SO REALLY WANTING THEM TO

57:41REALLY REACH OUT AND COME TO US

57:43SO WE CAN KIND OF HAVE THESE

57:44CONVERSATIONS AND SO WE CAN

57:45WORK WITH OUR OTHER CITY

57:46PARTNERS TO SEE IF WE CAN HELP

57:47THEM.

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

57:49THINK THAT THAT KNOWLEDGE BASE

57:51ABOUT CONDITIONS, ASSESSMENTS

57:52AND THINGS ARE SO CRITICAL TO

57:54UNDERSTANDING EXACTLY WHAT THE

57:56NEEDS ARE AND THEN HOW BIG IS

57:57THE HOW MUCH HOW MUCH RESOURCES

58:00DO WE NEED TO ADDRESS THE ISSUE

58:02AND ISSUE IN SOME POSITIONS

58:04LIKE THE HILL MEMORIAL UM

58:07CHURCH WHICH IS GOING TO BE

58:08SENIOR HOUSING, IT'S ALSO A

58:10HISTORIC BUILDING.

58:10HOW DO YOU NAVIGATE THE SPACE

58:12WHERE A PROJECT WILL LIKELY FIT

58:15UNDER TWO CATEGORIES?

58:16UH, THAT OR DOES THAT COME UP

58:18OFTEN?

58:19SURE, YES.

58:20AND SO IF A PROJECT IS UM HAS

58:22FUNDING IN TWO CATEGORIES, WE

58:23DO ASK THEM TO SPLIT THAT OUT

58:25AND SO THEY WOULD HAVE TO APPLY

58:27FOR THE AFFORDABLE HOUSING

58:28CATEGORY AND THEY WOULD HAVE TO

58:30APPLY FOR THE HISTORIC

58:31PRESERVATION CATEGORY JUST

58:32BECAUSE WE HAVE TO REALLY THINK

58:34ABOUT THE FUNDING IN EACH

58:35OF THOSE CATEGORIES AND WE HAVE

58:38TO REALLY DEFINE THE SCOPE

58:39OF WORK AND THERE HAVE BEEN

58:40PROJECTS THAT HAVE RECEIVED UM

58:43AFFORDABLE HOUSING AND THE OPEN

58:45SPACE OR UM YEAH, IT'S

58:48AFFORDABLE HOUSING AND OPEN

58:49SPACE AND RECREATION.

58:50WE HAVE A FEW PROJECTS THAT

58:51HAVE DONE THAT AND HAVE

58:53RECEIVED FUNDING IN THE SAME IN

58:55THE SAME FUNDING ROUND.

58:56OKAY.

58:57>> WONDERFUL.

58:57THANK YOU SO MUCH AND THANK YOU

58:58SO MUCH FOR YOUR WORK I REALLY

59:00APPRECIATE IT.

59:00THANK YOU THANK YOU.

59:02THANK YOU COUNCILOR LOUIJEUNE.

59:05THANK YOU SO.

59:06MUCH MR CHAIR.

59:07>> AND THANK YOU UM.

59:09>> TO COUNCIL OUR FOR.

59:09THIS FILING AND TO EVERYONE FOR

59:11BEING HERE.

59:12UH THANK YOU DEAN UH.

59:14FOR JUST YOUR.

59:16,UM, WORK.

59:17YOUR UM.

59:18DEDICATION TO THIS.

59:19YOU ARE.

59:19ALWAYS ON.

59:20>> POINT IN EVERY WAY AND I.

59:21I'VE ALWAYS BEEN.

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

59:24TO HAVE YOU HERE.

59:25YOU'VE ALWAYS.

59:25>> BEEN AN.

59:26AFFORDABLE HOUSING ADVOCATE.

59:27I KNOW FROM BEFORE THE SHOW AND

59:28KNOW THAT THE WORK THAT YOU

59:29DID.

59:29WITH MY HEART AND I'M JUST

59:30GRATEFUL FOR YOUR LEADERSHIP IN

59:31THE CITY.

59:32UM.

59:33I HAVE, UH.

59:34>> I GUESS A FEW QUESTIONS AND

59:36I GUESS I HAVE A COMMENT

59:37EARLIER AND I THINK AND I

59:38ANYONE CAN CONFIRM WITH

59:40ME LATER BUT LIKE THE THERE WAS

59:41A PREVIOUS QUESTION FROM A

59:42COLLEAGUE ABOUT AM I FUNDING

59:44AND ABOUT ABOUT AM I THE AREA

59:47MEDIAN INCOME AND COULD YOU

59:48VARY ACROSS THE CITY OF THE

59:49CITY SUBJECT TO AM I AS A

59:51REGIONAL UH NUMBER PERCENTAGE

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

59:56LOOKING AT SOME OF MY DEVELOPER

59:57FRIENDS SAME AM I THROUGHOUT

59:58THE CITY OF BOSTON.

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

1:00:01DO SOMETHING FOR THE BACK BAY

1:00:03OR YOU COULD DO SOMETHING

1:00:04DIFFERENT FOR DORCHESTER IT'S

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

1:00:07CAUSE OF YOU KNOW, OFTENTIMES

1:00:10CONCERNED WHEN PEOPLE LIKE

1:00:11AFFORDABLE FOR WHO MY

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

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

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

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

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

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

1:00:21YOU COULD ADJUST YOU COULD

1:00:23DEEPEN THE AFFORDABILITY AND I

1:00:25WOULD LIKE TO SEE THAT BECAUSE

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

1:00:27HAVE BEEN SITTING IN OUR

1:00:29MEETINGS WITH FOLKS IN.

1:00:30>> THE.

1:00:30ROOM, PEOPLE HAVE BEEN LOOKING

1:00:32FOR DEEPER AFFORDABILITY

1:00:32BECAUSE UNDER ARM I IF I

1:00:34REMEMBER THE NUMBERS LIKE

1:00:35SOMEWHERE BETWEEN 92 115 AND

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

1:00:39OF BLACK AND BROWN RESIDENTS

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

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

1:00:44AND WANT TO.

1:00:45ENCOURAGE DEEPER AFFORDABILITY

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

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

1:00:50CAN PREVENT DISPLACEMENT, ONE

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

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

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

1:00:54HAPPENING FOR US.

1:00:55SO UM, WHATEVER BOTH WHATEVER

1:00:57WE CAN DO FOR THAT IS

1:00:58IMPORTANT.

1:00:59AND MY.

1:01:00UNDERSTANDING IS THAT THE CITY

1:01:02OF BOSTON COMPARED TO I MEAN

1:01:04PROBABLY WITH THE EXCEPTION

1:01:05OF A.

1:01:05>> FEW.

1:01:05AND YOU.

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

1:01:08AT CAMBRIDGE SPENDS.

1:01:08UH.

1:01:09>> A LARGER PERCENTAGE ON

1:01:10AFFORDABLE HOUSING BUT COMPARED

1:01:11TO MOST OTHER MUNICIPALITIES

1:01:13AND LOCALITIES, OUR PERCENTAGE

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

1:01:16AFFORDABLE HOUSING IS HIGHER

1:01:18THAN MOST.

1:01:18IS THAT CORRECT?

1:01:19I WOULD SAY YES.

1:01:20BY SIGNIFICANT AMOUNTS BY A

1:01:22LITTLE LIKE WHERE DO WE STAND

1:01:23IN JUXTAPOSITION TO HOW OTHER

1:01:25AND HOW MANY OTHER

1:01:26MUNICIPALITIES HAVE ADOPTED CPI

1:01:27?

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

1:01:30OVER 100.

1:01:30OKAY CITIES AND TOWNS THAT HAVE

1:01:32ADOPTED CPR.

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

1:01:36NUMBER OF WHAT OTHER

1:01:37COMMUNITIES ARE DOING I FOR

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

1:01:40SIGNIFICANT AMOUNT AND I WANT

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

1:01:43SIGNIFICANT AMOUNT OF FUNDING.

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

1:01:46OF THE OTHER CITIES AND TOWNS

1:01:47ARE USING IT FOR HISTORIC

1:01:49PRESERVATION.

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

1:01:53.

1:01:53YEAH.

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

1:01:55COUNCILOR IN BOSTON NOT THOSE

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

1:01:57ALSO PART OF THE PROBLEM LIKE

1:01:58WHEN WE SEE RESISTANCE WHETHER

1:01:59IT'S MTA COMMUNITIES OR

1:02:01WHATEVER WE YOU KNOW, IF

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

1:02:03BUILDING MORE AFFORDABLE

1:02:04HOUSING.

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

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

1:02:08MORE REVENUE TO DO THE WORK

1:02:09OF DEEPENING AFFORDABILITY

1:02:10BECAUSE I ALSO KNOW THAT THERE

1:02:11ARE A NUMBER OF PROJECTS

1:02:12WHETHER IT BE FOR HISTORIC

1:02:13PRESERVATION OR OFTENTIMES FOR

1:02:15A LOT OF PROJECTS THAT WOULD

1:02:17OTHERWISE YOU KNOW, I HEARD

1:02:19COUNCILOR DURKAN TALK ABOUT OH,

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

1:02:22CHURCHES OR WHATEVER THEY MAY

1:02:24BE ABLE TO FUNDRAISE FOR THIS

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

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

1:02:28THE CAPACITY.

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

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

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

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

1:02:37QUESTIONS AND I HAVE THREE

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

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

1:02:42CHAIR TRIP HAPPENED UH, BEFORE

1:02:44THIS BODY THERE WAS A.

1:02:45UH.

1:02:47>> REALLOCATION I BELIEVE IT

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

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

1:02:52GONE UNSPENT.

1:02:53CAN YOU TALK ABOUT THE

1:02:54SITUATION, THE SCENARIOS IN

1:02:55WHICH THERE'S MONEY REMAINING

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

1:02:58YEAR?

1:02:59SURE.

1:03:00>> UM, YES.

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

1:03:02BROUGHT BROUGHT BACK BEFORE THE

1:03:04COMMITTEE AND THAT NUMBER WAS

1:03:05SIGNIFICANTLY LARGER AS WELL

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

1:03:09FROM THE BOSTON OPEN SPACE

1:03:11ACQUISITION FUND.

1:03:12THEY WERE RETURNING SOME FUNDS

1:03:14IN ORDER TO REAPPLY FOR THESE

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

1:03:19SINGLE GRANT.

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

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

1:03:24CHUNK OF THAT FROM THAT OPEN

1:03:25SPACE FUND.

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

1:03:28FUNDS ARE FOR PROJECTS THAT ARE

1:03:30COMPLETED UNDER BUDGET.

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

1:03:34FUND ARE COMPLETED UNDER BUDGET

1:03:36AND THOSE FUNDS THE UNDER THE

1:03:38LAW THOSE FUNDS NEED TO COME

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

1:03:41NUMBER THERE ARE SOME

1:03:42AFFORDABLE HOUSING PROJECTS

1:03:43THAT DID NEED TO WITHDRAW AND

1:03:45THOSE FUNDS ARE ALSO

1:03:47REALLOCATED BACK TO CPA.

1:03:48SO IT'S A COMBINATION

1:03:49OF PROJECTS THAT COULD NOT MOVE

1:03:51FORWARD AND THEY ARE RETURNING

1:03:53THEIR ENTIRE FUNDS AND THESE

1:03:54ARE UM AND FUNDING FOR PROJECTS

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

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

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

1:04:01UH REALLOCATED BACK INTO THE

1:04:02POT OF FUNDS.

1:04:03THANK YOU.

1:04:04>> IS THERE A PARTICULAR TYPE

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

1:04:06UNDERFUNDED LIKE NOT NOT

1:04:08UNDERFUNDED.

1:04:09SORRY.

1:04:09THAT COMES UNDER BUDGET?

1:04:11UM.

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

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

1:04:15COULD BE.

1:04:16>> A HOUSING PROJECT.

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

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

1:04:20WE HAVE.

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

1:04:23SOME HOUSING PROJECTS THAT HAVE

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

1:04:26VERY RARE THAT IT HAPPENS.

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

1:04:30OPEN SPACE AND RECREATION

1:04:32PROJECTS WHERE UM AND AND

1:04:34HISTORIC PRESERVATION PROJECTS

1:04:36WHERE THE FUNDS ARE JUST

1:04:37COMPLETED UNDER BUDGET AND THEN

1:04:39THE THE LARGER MILLION DOLLAR

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

1:04:42WITHIN AFFORDABLE HOUSING THAT

1:04:44COULD NOT MOVE FORWARD.

1:04:45ON AVERAGE HOW MUCH ARE YOU

1:04:47SEEING RETURNED.

1:04:49ON AVERAGE?

1:04:50SO THIS IS A HIGHEST YEAR

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

1:04:53THE PREVIOUS YEAR.

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

1:04:56VARIES AND HOW IT WENT.

1:04:57WHEN WAS CPA ENACTED AGAIN.

1:04:59>> WAS IT 2017?

1:05:01UM SO THE BALLOT INITIATIVE WAS

1:05:03IN 2016 OKAY.

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

1:05:07THE CITY STARTED TO COLLECT

1:05:08OKAY.

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

1:05:10NINE YEARS OF DATA.

1:05:11NINE YEARS NINE WE HAVE

1:05:13SUCCESSFULLY COMPLETED NINE

1:05:14FUNDING ROUNDS GOING GOING INTO

1:05:16OUR 10TH FUNDING ROUND THIS

1:05:17YEAR.

1:05:18THANK YOU.

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

1:05:20NEIGHBORHOODS THAT HAVEN'T

1:05:21RECEIVED CPA FUNDING FOR

1:05:23AFFORDABLE HOUSING, DO YOU HAVE

1:05:26REASONS WHY DO YOU EVER

1:05:27ENCOURAGE PROJECTS AND OR

1:05:28NEIGHBORHOODS AS A WAY?

1:05:30RIGHT.

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

1:05:32HOW THERE ARE OTHER TOWNS AND

1:05:33CITIES THAT ARE PRIORITIZING

1:05:34HISTORIC PRESERVATION OVER THE

1:05:37OTHER OVER OPEN SPACE.

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

1:05:41AFFORDABLE HOUSING.

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

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

1:05:45BUILDING MORE AFFORDABLE

1:05:46HOUSING.

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

1:05:47LOOK AT NEIGHBORHOODS.

1:05:48THE AFFORDABLE HOUSING IS BUILT

1:05:50SOMETIMES MORE IN CERTAIN

1:05:51NEIGHBORHOODS THAN IN OTHERS

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

1:05:54DORCHESTER OR MATTAPAN, JAMAICA

1:05:55PLAIN.

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

1:05:58ENCOURAGE THE CREATION THROUGH

1:05:59FOR THE CREATION OR THE SUPPORT

1:06:01OF AFFORDABLE HOUSING PROJECTS

1:06:02IN NEIGHBORHOODS THAT HAVE

1:06:03LOWER RATES OF AFFORDABLE

1:06:04HOUSING?

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

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

1:06:08OF HOUSING TO SEE MORE PROJECTS

1:06:10IN IN OTHER NEIGHBORHOODS.

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

1:06:13PROJECTS IN WEST ROXBURY AND

1:06:15THE FENWAY KENMORE AREA.

1:06:16THERE WAS A PROJECT THAT WE

1:06:17FIND IT.

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

1:06:20LOOK AND SUPPORT THOSE UM

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

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

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

1:06:28WHO RESPONDS TO THE RFP AND

1:06:29WHAT NEIGHBORHOOD THEY'RE

1:06:30THEY'RE BUILDING IN.

1:06:31BUT AGAIN IN IN OUR KIND

1:06:33OF COMMUNITY ENGAGEMENT, UM,

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

1:06:38COMMUNITY.

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

1:06:40CREATE MORE AFFORDABLE UM,

1:06:43HOUSING THROUGH ALL

1:06:44NEIGHBORHOODS WITHIN THE CITY

1:06:45OF BOSTON BECAUSE IT IS NEEDED

1:06:46.

1:06:47I THINK THOSE ARE MY QUESTIONS

1:06:48HERE.

1:06:49THANK YOU.

1:06:50COUNCILOR.

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

1:06:53TIME.

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

1:06:56EVERYONE'S SENTIMENTS

1:06:58OF APPRECIATION FOR THE WORK

1:06:59THAT YOU DO.

1:07:00I REMEMBER THAT EARLIER THIS

1:07:02YEAR I WAS ABLE TO.

1:07:04AS BOTH THE CHAIR OF THE

1:07:05COMMUNITY PRESERVATION

1:07:05COMMITTEE AND THE CHAIR OF THE

1:07:07HOUSING COMMITTEE, I WAS ABLE

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

1:07:10UM LOOKING AT THE HOUSING

1:07:12PROJECTS THAT WERE GETTING SOME

1:07:14OF THEM I BELIEVE WERE ALL

1:07:14OF THEM.

1:07:15>> WERE.

1:07:15GETTING CPA FUNDING AND WHAT

1:07:16WHAT WAS BEAUTIFUL TO SEE WAS

1:07:18THE DIVERSE UM TYPE OF PROJECTS

1:07:20THAT WERE GETTING FUNDED AND

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

1:07:25OR SPECIFIC REGION OF THE CITY

1:07:26.

1:07:27AND THAT WAS REALLY ENCOURAGING

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

1:07:29THAT YOU ARE DOING IN REGARDS

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

1:07:34OF THE AFFORDABLE HOUSING

1:07:35PORTION OF YOUR FUNDS.

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

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

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

1:07:44DISTRICT THEY THEY WERE ONE

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

1:07:47PULL OUT WAGE BECAUSE THEY

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

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

1:07:52SO I UNDERSTAND ALSO THE

1:07:54DIFFICULTIES THAT A LOT

1:07:55OF THESE UM DEVELOPERS DEAL

1:07:57WITH TO TRY TO BUILD AFFORDABLE

1:07:59HOUSING IN OUR CITY.

1:08:00IT'S NOT EASY.

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

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

1:08:05STATE GRANTS AND OTHER GRANTS

1:08:06ACROSS THE ACROSS THE THE

1:08:09PLATFORM.

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

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

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

1:08:16WORKED ON THE READING ROOM

1:08:17PROJECT IN MY DISTRICT AND

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

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

1:08:22OF A HISTORIC PRESERVATION

1:08:24PROJECT IN MY DISTRICT, WHICH

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

1:08:28HISTORIC PRESERVATION AND OPEN

1:08:30SPACE.

1:08:30I PREVIOUS COLLEAGUES SAID THAT

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

1:08:34BALANCE IT OUT BECAUSE ALL

1:08:36THREE ARE VERY IMPORTANT.

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

1:08:39PLAYGROUNDS BE BUILT IN MY

1:08:41DISTRICT BECAUSE OF YOUR UM CPA

1:08:44GRANTS.

1:08:44OBVIOUSLY YOUR READING ROOM UM

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

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

1:08:50BE ABLE TO COME INTO MY

1:08:51DISTRICT THAT I KNOW ARE GOING

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

1:08:53GRANT?

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

1:08:56REGARDING THE POTENTIAL

1:08:58CONNECTION OF HISTORIC

1:08:59PRESERVATION AND HOW IN HOUSING

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

1:09:02PROJECTS WHERE SOMEONE APPLIES

1:09:04FOR HISTORIC PRESERVATION

1:09:06OF EXISTING HOUSING THAT COULD

1:09:07BE AFFORDABLE?

1:09:08JUST TRYING TO SEE AN OVERLAP

1:09:11OF BOTH UM OF OF BOTH

1:09:14CATEGORIES?

1:09:15SURE.

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

1:09:17QUESTION.

1:09:18SO UNDER THE STATUTE AND WE

1:09:20STATE THIS IN OUR KIND

1:09:22OF COMMUNITY ENGAGEMENT

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

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

1:09:28USED FOR UM TO REHAB HOUSING

1:09:32UNLESS IT WAS ORIGINALLY BUILT

1:09:33WITH CPA FUNDS.

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

1:09:36ARE IN THE PIPELINE RIGHT NOW

1:09:38THAT WE ARE BUILDING 1015 YEARS

1:09:40FROM NOW THEY CAN REAPPLY FOR

1:09:42CPA FUNDS BECAUSE WE HELPED

1:09:44BUILD SOME OF THOSE UNITS

1:09:45WITHIN THOSE AFFORDABLE HOUSING

1:09:47.

1:09:47BUT WE ARE NOT ALLOWED TO

1:09:48REALLY USE CPA FUNDS TO REHAB

1:09:52UM EXISTING EXISTING EXISTING

1:09:54HOUSING.

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

1:09:58ALSO HARD TO SUPPORT UM HOUSING

1:10:03REHAB HOUSING IN PARTICULAR

1:10:05HISTORIC PRESERVATION BUILDINGS

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

1:10:09LEVELS AND UNDER CPA WE SHOULD

1:10:13BE SUPPORTING HOUSING UP TO

1:10:15100% AMI AND SOME OF THESE

1:10:18HISTORICAL BUILDINGS THAT MAY

1:10:19HAVE HOUSING THERE AMI LEVELS

1:10:21COULD BE EXTREMELY HIGHER.

1:10:23AND SO THEN WE ARE NOW

1:10:25SUPPORTING HOUSING THAT IS

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

1:10:29LEGAL GUIDANCE THAT WE WERE

1:10:31GIVEN WE ARE NOT REALLY TAKING

1:10:34THOSE PROJECTS INTO

1:10:36CONSIDERATION JUST BECAUSE

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

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

1:10:43STATUTE PROPERLY.

1:10:44RIGHT.

1:10:45SO IF THERE IS A.

1:10:46HISTORICAL UM PRESERVATION

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

1:10:49BUILDING AND IT WANTS TO BE

1:10:51REHABBED YES, CPA FUNDS COULD

1:10:53HELP WITH THE EXTERIOR PARTS

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

1:10:57ALSO UM AND THEN HOUSING COULD

1:10:59POTENTIALLY GO IN THERE.

1:11:00SO WE JUST NEED TO UNDERSTAND

1:11:03UM ALL THE CRITERIA AROUND THE

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

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

1:11:08BREAKING ANY OF THE.

1:11:10LEGAL REQUIREMENTS THAT ARE

1:11:12UNDER THE CPA STATUTE.

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

1:11:16WE TRY TO HAVE FOLKS UNDERSTAND

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

1:11:21AND WE ARE GIVEN LEGAL GUIDANCE

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

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

1:11:26KIND OF FOLLOWING THESE

1:11:27GUIDELINES CORRECTLY.

1:11:28I APPRECIATE THAT I APPRECIATE

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

1:11:31ALWAYS GO TO YOU FOR THE

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

1:11:34THAT I GOT FROM PEOPLE THAT

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

1:11:37ASK YOU IS THE APPLICATION NOW

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

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

1:11:44FOR APPLICATIONS TO COME IN FOR

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

1:11:48ELIGIBILITY DETERMINATION FORM

1:11:49WILL BE RELEASED THE SECOND

1:11:51WEEK IN NOVEMBER.

1:11:52PERFECT AND I LOOK FORWARD TO

1:11:53HELPING YOU SPREAD THE WORD.

1:11:55THANK YOU.

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

1:11:57QUESTIONS TO ANY OF MY

1:11:59COLLEAGUES OR FOLLOW UP

1:11:59QUESTIONS I SEE COUNCIL HAS A

1:12:01FEW UM COUNCILOR FLYNN WE HAVE

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

1:12:04FIVE MINUTES AND THEN FOR THE

1:12:07GUYS THAT ARE HERE I AM

1:12:09ACTUALLY GOING TO DO PUBLIC

1:12:10TESTIMONY IN BETWEEN.

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

1:12:14GIVE YOU GUYS A CHANCE TO GIVE

1:12:15YOUR PUBLIC TESTIMONY RIGHT

1:12:16AFTER THIS PANEL.

1:12:18SO COUNCIL ROLL FLOOR IS YOURS

1:12:20.

1:12:20UH THANK YOU CHAIR AGAIN THANK

1:12:21YOU EXECUTIVE DIRECTOR BROWN

1:12:23THANK YOU.

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

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

1:12:30RESEARCH BUREAU REPORT.

1:12:31THE HOUSING PERCENTAGE, UH,

1:12:34WENT UP TO 67%.

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

1:12:41WAS THAT?

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

1:12:4667 AT THAT TIME.

1:12:49IN 2020?

1:12:49>> IN 2020, HOW THE PERCENTAGE

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

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

1:12:56BOS MUNICIPAL RESEARCH BUREAU

1:12:59REPORT.

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

1:13:01LOOK AT THAT REPORT BEFORE I

1:13:02ANSWER THAT QUESTION.

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

1:13:05IF THAT'S.

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

1:13:09THAT REPORT TO ANSWER.

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

1:13:11YOU ON THAT?

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

1:13:14IN 2020.

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

1:13:16THOSE NUMBERS OKAY.

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

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

1:13:22ALP UM ACQUISITION UM FUND IN

1:13:262019 AND 2020.

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

1:13:29US THROUGH THE CHAIR.

1:13:30YEAH.

1:13:30UM, WHAT WHAT DOLLAR AMOUNT

1:13:32THAT IS KNOWING THAT I BELIEVE

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

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

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

1:13:40ASSUMING LOOK FOR ADDITIONAL,

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

1:13:44FUND THAT PROGRAM WHICH WILL

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

1:13:49AWAY FROM THE MONEY THAT COULD

1:13:50THEN BE AWARDED TO DEVELOPERS

1:13:53FOR THE CREATION OF AFFORDABLE

1:13:55HOUSING.

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

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

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

1:14:00THAT AOP WILL BE ASKING FOR

1:14:04FUNDS.

1:14:05SURE.

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

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

1:14:08MILLION EACH YEAR THAT WE

1:14:10FUNDED TO AOP AND THEIR REQUEST

1:14:12THIS YEAR IS 5 MILLION.

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

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

1:14:19.

1:14:20THIRD OR FOURTH OF CURRENTLY

1:14:22WHAT WE ALLOCATE TO HOUSING.

1:14:26CORRECT OKAY THANKS.

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

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

1:14:38ALL.

1:14:39>> OF THE.

1:14:39>> THREE CATEGORIES ARE

1:14:40EXTREMELY IMPORTANT.

1:14:41UM I GUESS WHAT THIS

1:14:43CONVERSATION IS CENTERED AROUND

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

1:14:48ONE OF THOSE CATEGORIES BEING

1:14:50ATTACKED.

1:14:51RIGHT?

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

1:14:53GOVERNMENT WITH RENTAL

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

1:14:56ON PUBLIC HOUSING AND THEN HOW

1:14:58DO WE SUPPORT THOSE INDIVIDUALS

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

1:15:02OUT OF PUBLIC HOUSING OR THEIR

1:15:04RENTAL ASSISTANCE WAS REMOVED?

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

1:15:07INDIVIDUALS?

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

1:15:10ORDER TO DO SO.

1:15:11UH, WHEN COMMONWEALTH BUILDERS

1:15:13IS NOT FULLY FUNDED AT THE

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

1:15:16PAST.

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

1:15:18FUNDING IN ORDER TO HELP?

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

1:15:21AFFORDABLE HOUSING, ESPECIALLY

1:15:23WHEN IT'S DEEPER AFFORDABILITY

1:15:25THAT JUST REQUIRES MORE

1:15:27SUBSIDIES.

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

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

1:15:33THOSE HAVE THE OPPORTUNITY TO

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

1:15:37CAPITAL BUDGET.

1:15:39UM AND THEN QUESTION SIX

1:15:40HOPEFULLY IT PASSES.

1:15:42UM, RIGHT.

1:15:42THAT'S ANOTHER CONSERVATION

1:15:43FUND THAT SHOULD BE STOOD UP

1:15:45HOPEFULLY IN THE NEXT UM NEXT

1:15:47YEAR OR TWO.

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

1:15:52IMPACTS THAT ARE UM HAPPENING

1:15:54ON AFFORDABLE HOUSING I MEAN

1:15:56ESPECIALLY AFFORDABLE

1:15:57HOMEOWNERSHIP AND DEEPLY

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

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

1:16:02TIME WHERE WE CAN BE FLEXIBLE

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

1:16:08GOING ON AT THE MOMENT.

1:16:09NOT SAYING ONE IS MORE

1:16:11IMPORTANT THAN THE OTHER IT WE

1:16:13FIND OURSELVES IN THIS

1:16:14SITUATION RIGHT NOW.

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

1:16:19WITH THE RESOURCES THAT WE DO

1:16:20HAVE SO THAT I JUST.

1:16:22WANT TO.

1:16:23>> JUST MAKE SURE THAT, YOU

1:16:24KNOW, WE KIND.

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

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

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

1:16:32SOURCES OF FUNDS TO HELP THE

1:16:35CREATION OF PARKS AND OPEN

1:16:37SPACE AND SEEING THAT, YOU

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

1:16:42A LITTLE BIT FLEXIBLE IN OUR

1:16:43REALLOCATIONS AND AGAIN, THIS

1:16:45IS DONE.

1:16:45YEAH.

1:16:46RIGHT.

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

1:16:48ABILITY TO SAY THIS YEAR UH

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

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

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

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

1:17:00MEANTIME WHETHER IT'S

1:17:01SITUATIONS TO PROVE UM BUT IF

1:17:04ONE CATEGORY IS IS SUFFERING AT

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

1:17:11OR EXPLORE THE FLEXIBILITY ON

1:17:13HOW DO WE ADDRESS THOSE

1:17:16CONCERNS UM, AND THOSE ATTACKS

1:17:17.

1:17:18THAT THAT CATEGORY UM IS GOING

1:17:20THROUGH.

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

1:17:24QUESTION.

1:17:24BUT AGAIN THANK YOU FOR YOUR

1:17:26WORK.

1:17:27UM THANK YOU FOR YOUR ADVOCACY

1:17:28.

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

1:17:30TEAM AND THANK YOU TO EVERYONE

1:17:31HERE TODAY.

1:17:31THANKS.

1:17:32THANK YOU.

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

1:17:35I AGREE WITH THAT FRAMEWORK AND

1:17:36UNDERSTAND THE NEED FOR THAT

1:17:38FLEXIBILITY.

1:17:38THANK YOU.

1:17:41COUNCILOR FLYNN.

1:17:42>> THANK YOU.

1:17:44UM THANK YOU.

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

1:17:47IN THE THE PERCENTAGES THAT ARE

1:17:50OUTLINED FOR HOUSING FOR UM

1:17:53OPEN SPACE GREEN SPACE AND FOR

1:17:56HISTORIC PRESERVATION.

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

1:18:00WAS THAT DETERMINED?

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

1:18:03THE FIRST UH CP CPA COMMITTEE

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

1:18:10STARTED OUR FIRST FUNDING ROUND

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

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

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

1:18:20HOUSING AND UNDERSTOOD THAT

1:18:22HOUSING WAS A BIG NEED WITHIN

1:18:24THE CITY AND THAT ALLOCATION

1:18:26AND THAT DISCUSSION AROUND THE

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

1:18:31AFFORDABLE HOUSING AND TO 20%

1:18:33TO THE OTHER CATEGORIES AND

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

1:18:37SO IT WAS SINCE THE INCEPTION

1:18:39OF THE PROGRAM WHEN IT STARTED

1:18:40THAT DISCUSSION AROUND

1:18:41ALLOCATING 50% TO HOUSING,

1:18:44UNDERSTANDING THAT IT WAS THE

1:18:45BIGGEST NEED.

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

1:18:49ABILITY TO MAKE A CHANGE TO

1:18:51THAT PERCENTAGE?

1:18:53UM THE COMMITTEE THE NINE

1:18:55MEMBER COMMITTEE UM CAN DISCUSS

1:18:58UM ADJUSTING THE ALLOCATION UH

1:19:00,AT THE BEGINNING OF EACH

1:19:01FUNDING ROUND.

1:19:03OKAY.

1:19:05>> BUT UP UNTIL THIS POINT FOR

1:19:07THE LAST NINE YEARS THERE

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

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

1:19:15WITH THE CURRENT PERCENTAGES.

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

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

1:19:21STATEMENT.

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

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

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

1:19:32IT CLOSELY.

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

1:19:36COUPLE OF MY FORMER COUNCILORS

1:19:38COUNCILOR FLAHERTY AND

1:19:40COUNCILOR ANDREA CAMPBELL THAT

1:19:41WERE STRONG SUPPORTERS OF THE

1:19:43CPA PROGRAM.

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

1:19:46SOMETHING IS WORKING WELL, I

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

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

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

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

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

1:20:01CHALLENGING ECONOMY AND THERE'S

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

1:20:06DO IT THAT DOES IMPACT HOUSING

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

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

1:20:15THIS WILL NEGATIVELY IMPACT THE

1:20:18CPA AS WE GO FORWARD WHERE

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

1:20:25AND GREEN SPACE AND OPEN SPACE

1:20:26AND HISTORIC PRESERVATION

1:20:28BECAUSE WE MIGHT BE SUPPORTING

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

1:20:32BUILT.

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

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

1:20:36RESIDENTS IN A POSITION WHERE.

1:20:39MONEY COULD BE TIED UP.

1:20:41CITY MONEY COULD BE TIED UP

1:20:43BECAUSE HOUSING MIGHT NOT BE

1:20:45READY.

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

1:20:47MIGHT ALSO SHARE?

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

1:20:50THE COMMITTEE MAY HAVE UM THAT

1:20:54UM THE OTHER YOU KNOW,

1:20:56ADVOCATES IN THE OTHER TWO

1:20:57CATEGORY MAY HAVE CONCERNS

1:20:59AROUND WHAT THAT MEANS FOR

1:21:00THOSE PROJECTS.

1:21:02UM, JUST BECAUSE THE COALITION

1:21:05OF ADVOCATES FOR ALL THREE

1:21:07CATEGORIES UM WAS A BIG PART

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

1:21:12OF RESIDENTS VOTING YES.

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

1:21:16A CONCERN.

1:21:18AND I UNDERSTAND THE THE

1:21:22ADVOCACY THAT HOUSING ACTIVISTS

1:21:24WOULD WOULD WANT TO SEE THIS

1:21:25CHANGE BECAUSE IT WOULD

1:21:26CERTAINLY INCREASE THAT

1:21:27PERCENTAGE.

1:21:28I RESPECT THAT BUT HAVE WE

1:21:30HEARD FROM THE COMMUNITIES

1:21:33INVOLVED IN PARKS AND GREEN

1:21:35SPACE AND OPEN SPACE AND

1:21:36HISTORIC PRESERVATION?

1:21:37ARE THEY EXPRESSING THE

1:21:39OPPOSITE POINT OF VIEW WHERE

1:21:40THEY WOULD LIKE TO SEE THE

1:21:42CURRENT PERCENTAGE REMAIN THE

1:21:44SAME?

1:21:45UM, YES.

1:21:47I THINK EVERYONE IN ALL

1:21:49CATEGORIES AND ADVOCATE FOR ALL

1:21:52CATEGORIES WOULD LIKE TO SEE

1:21:53MORE AND WOULD LIKE THINGS TO

1:21:55STAY THE SAME.

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

1:21:58WOULD LIKE DO LIKE THE BALANCED

1:22:00APPROACH THAT WE HAVE RIGHT NOW

1:22:03FOR CPA.

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

1:22:07TIME DEPENDING ON IF A PROJECT

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

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

1:22:12OF THAT ALLOCATION CAN BE

1:22:14ADJUSTED.

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

1:22:17COMMITTEE IS DOING RIGHT NOW

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

1:22:20BALANCED APPROACH AND WE HAVE

1:22:21FUNDED A SIGNIFICANT AMOUNT

1:22:23OF PROJECTS AND GIVEN AWAY A

1:22:25SIGNIFICANT AMOUNT OF FUNDS AND

1:22:27UM WE SEE A QUICK TURNAROUND

1:22:29WITH A LOT OF THESE PROJECTS

1:22:30BEING DONE.

1:22:32AND I HAVE ALSO NOTICED OVER

1:22:33THE LAST NINE YEARS BUT THERE

1:22:36HAS BEEN SIGNIFICANT FUNDING

1:22:39DESIGNATED FOR CPA SPECIFICALLY

1:22:42FOR FOR FOR HOUSING WHERE WE

1:22:46ACTUALLY WENT OVER THE

1:22:48RECOMMENDED INCREASE INCREASE

1:22:50PERCENTAGE, UM, FOR VARIOUS

1:22:52REASONS AND I AND I CERTAINLY

1:22:54SUPPORTED THAT UM, UNDER UNDER

1:22:56VERY UNIQUE CIRCUMSTANCES BUT I

1:22:58JUST DON'T NECESSARILY THINK

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

1:23:03TO CHANGE THE FORMULA AT THIS

1:23:04TIME.

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

1:23:07THANK YOU, COUNCILOR FLYNN.

1:23:09OKAY.

1:23:10>> UM, WITH THAT DIRECTOR

1:23:13BROWN, WOULD YOU LIKE TO

1:23:14PROVIDE ANY CLOSING REMARKS FOR

1:23:15YOUR PART OF THE PANEL?

1:23:17UM, SURE.

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

1:23:18KNOW, THANK YOU FOR THE

1:23:19OPPORTUNITY FOR ME TO SHARE

1:23:20JUST MORE INFORMATION ON WHAT

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

1:23:24AND THE TOUGH DECISIONS THAT

1:23:26THE COMMITTEE HAS TO MAKE EACH

1:23:27YEAR.

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

1:23:30FOR AFFORDABLE HOUSING AND WE

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

1:23:33ALL THREE CATEGORIES.

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

1:23:36ME THE OPPORTUNITY TO KIND

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

1:23:40WHAT THE COMMITTEE IS THINKING.

1:23:42THANK YOU SO MUCH.

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

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

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

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

1:23:49SO THANK YOU.

1:23:50THANK YOU.

1:23:51OKAY.

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

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

1:23:56SOME PUBLIC TESTIMONY AGAIN

1:23:58WHEN YOU'RE WHEN.

1:24:00>> YOUR NAME IS CALLED, PLEASE

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

1:24:02PODIUMS AND STATE YOUR NAME

1:24:03YOUR NEIGHBORHOOD SLASH

1:24:05ORGANIZATION.

1:24:06PLEASE SPEAK INTO THE

1:24:07MICROPHONE AND PLEASE KEEP YOUR

1:24:08COMMENTS TO TWO MINUTES.

1:24:09UM UM.

1:24:10THE FIRST.

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

1:24:14MARKHAM.

1:24:15CATHERINE, JEFFREY.

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

1:24:19ADDISON AND ORIAN.

1:24:22SO UM.

1:24:22JAY THE MIKE IS YOURS.

1:24:27GOOD MORNING FOLKS MY NAME IS

1:24:29JANEY CULLUM.

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

1:24:32ENGAGEMENT MANAGER AT.

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

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

1:24:36AND TO THE MEMBERS OF THE

1:24:37COUNCIL'S COMMITTEE ON THE

1:24:39COMMUNITY PRESERVATION ACT.

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

1:24:41OPPORTUNITY TO TESTIFY IN THIS

1:24:43HEARING, UH, EXPLORING

1:24:45POTENTIAL CHANGES TO THE CPA

1:24:47BOSTON HARBOR NOW FOCUSES ON

1:24:49THE WHOLE HARBOR CONNECTING

1:24:51COMMUNITIES, THE WATERFRONT AND

1:24:52ISLANDS AROUND A SHARED VISION

1:24:54SAFER FROM RISING WATERS MORE

1:24:56WELCOME TO EVERYONE AND A

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

1:24:59ECONOMY AND QUALITY OF LIFE.

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

1:25:03HAVE WORKED WITH THE BOSTON

1:25:04PARKS AND RECREATION

1:25:05DEPARTMENT, THE NATIONAL PARK

1:25:06SERVICE AND THE MI DEPARTMENT

1:25:08OF CONSERVATION AND RECREATION

1:25:09TO IMPROVE RESILIENCE ACROSS

1:25:11OUR PARKS AND OPEN SPACES TO

1:25:12PROVIDE BETTER ACCESS FOR OUR

1:25:14NEIGHBORS WHO HAVE BEEN CUT OFF

1:25:15FROM THESE SPACES THROUGH OUR

1:25:17WORK, WE HAVE SEEN FIRSTHAND

1:25:19THAT CPA FUNDING IS A CRITICAL

1:25:21TOOL FOR SUPPORTING OPEN SPACES

1:25:22AND PARKS AND ADVANCING CLIMATE

1:25:25RESILIENCE IN KEY LOCATIONS

1:25:27FROM MARSH UPGRADES TO FOOD

1:25:28FORESTS AND ACCESSIBLE

1:25:30PLAYGROUNDS, CPA FUNDING IS ONE

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

1:25:33PARKS AND RECREATION DEPARTMENT

1:25:34AND OTHER ORGANIZATIONS CAN

1:25:35MAKE KEY INVESTMENTS IN PUBLIC

1:25:37PARKS.

1:25:38DECREASING THE FUNDING WOULD BE

1:25:40A LARGE SETBACK AS THE CITY

1:25:41WORKS TO PROVIDE WORLD CLASS

1:25:42PUBLIC PARKS AND RECREATION

1:25:43SPACES.

1:25:44WHILE THE CITY AND STATE

1:25:45CLEARLY NEED MORE PUBLIC

1:25:46HOUSING, OUR PARKS SYSTEMS ARE

1:25:48ALREADY ALREADY DEEPLY

1:25:50UNDERFUNDED.

1:25:51DECREASING FUNDING FOR OPEN

1:25:52SPACE COULD JEOPARDIZE THE

1:25:53HEALTH BENEFITS THAT RESULT

1:25:55FROM PROVIDING EXCELLENT

1:25:56OUTDOOR SPACES FOR OUR

1:25:57RESIDENTS AND GUESTS.

1:25:59DIVERTING FUNDING FROM PARKS

1:26:00COULD ALSO STYMIE CRITICAL

1:26:01ADVANCEMENTS ON RESILIENT

1:26:02PROJECTS THAT CAN AFFORD NO

1:26:03DELAYS.

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

1:26:06DOING IN-DEPTH COMMUNITY

1:26:07ENGAGEMENT AROUND MACLEAY PARK

1:26:09WITH THE CITY AND DOZENS

1:26:10OF COMMUNITY PARTNERS.

1:26:11SPEAKING WITH THOUSANDS

1:26:12OF FOLKS HAS ONLY CONFIRMED

1:26:13WHAT THE RESEARCH ALREADY SHOWS

1:26:15THAT PARKS AND OPEN SPACES ARE

1:26:17CRITICAL FOR THE MENTAL AND

1:26:18PHYSICAL HEALTH OF COMMUNITIES.

1:26:19UH BOSTON HARBOR NOW DOES NOT

1:26:21SUPPORT DECREASING CPA FUNDING

1:26:22AWAY FROM OPEN SPACE AND

1:26:24RECREATION TOWARDS AFFORDABLE

1:26:25HOUSING.

1:26:25UH, THANK YOU FOR THE

1:26:27OPPORTUNITY TO TESTIFY.

1:26:29THANK YOU.

1:26:30PERFECT TIME.

1:26:32UM.

1:26:34>> CATHERINE DAVIS WHEELER.

1:26:43>> GOOD AFTERNOON.

1:26:44HELLO, COUNCILORS.

1:26:45UM.

1:26:46MY NAME IS CATHERINE DAVIS

1:26:47WHEELER.

1:26:48AND I REPRESENT THE BOSTON

1:26:49PRESERVATION ALLIANCE, WHICH IS

1:26:51THE CITY'S PRIMARY NONPROFIT

1:26:53ORGANIZATION DEDICATED TO

1:26:55PROTECTING AND PROMOTING

1:26:56BOSTON'S HISTORIC BUILDINGS,

1:26:58PLACES AND LANDSCAPES.

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

1:27:01OUR CONCERN THAT THE CITY

1:27:03COUNCIL COMMITTEE ON THE

1:27:04COMMUNITY PRESERVATION ACT IS

1:27:06CONSIDERING CHANGING THE

1:27:07ALLOCATION OF CPA FUNDS TO

1:27:08BOSTON ORGANIZATIONS.

1:27:10ANY DISCUSSION ABOUT CHANGING

1:27:12FUNDING ALLOCATION WITHOUT

1:27:13RAISING THE TOTAL AMOUNT OF CPA

1:27:14FUNDS INTRODUCES THE REDUCTION

1:27:16OF FUNDING FOR HISTORIC

1:27:17PRESERVATION AND OUR OPEN SPACE

1:27:19AND RECREATION PROJECTS.

1:27:21CPA FUNDS ARE THE ONLY SOURCE

1:27:23OF PUBLIC FUNDING DIRECTLY

1:27:24AVAILABLE TO BOSTONIANS THAT

1:27:25SUPPORT BRICK AND MORTAR

1:27:27HISTORIC PRESERVATION.

1:27:28THEY EMPOWER COMMUNITIES TO.

1:27:30MAINTAIN AFFORDABLE HOUSING

1:27:32SUCH AS WHEN CPA FUNDS WERE

1:27:33USED AT BEACON HOUSE AND BEACON

1:27:35HILL UH PRESERVE PLACES

1:27:37OF WORSHIP LIKE THE 12TH

1:27:38BAPTIST CHURCH IN ROXBURY.

1:27:40AS MENTIONED EARLIER, UH

1:27:41SUPPORT THE RESTORATION

1:27:42OF SCHOOLS INCLUDING BRIA SDA

1:27:44ACADEMY IN MATTAPAN.

1:27:45THIS IS ONLY A SMALL SELECTION

1:27:48OF SUCCESSFUL PRESERVATION

1:27:49PROJECTS, ESPECIALLY IN THE

1:27:50NEIGHBORHOODS REPRESENTED BY

1:27:51MANY IN THIS COMMITTEE.

1:27:53DESPITE THE SUCCESSES, THE

1:27:54PROGRAM REMAINS HIGHLY

1:27:55COMPETITIVE AND APPLICANTS ARE

1:27:57OFTEN FORCED TO DELAY OR

1:27:58ABANDON MUCH NEEDED WORK IN

1:28:00THEIR COMMUNITIES.

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

1:28:03PLACES WHERE BOSTONIANS HAVE

1:28:04GATHERED, LEARNED, WORSHIPED

1:28:06AND RECEIVED CARE FOR

1:28:07GENERATIONS DOLLAR FOR DOLLAR

1:28:09CPA GRANTS HAVE A LARGER IMPACT

1:28:11ON HISTORIC PRESERVATION

1:28:12EFFORTS IN BOSTON THAN ON

1:28:14AFFORDABLE HOUSING PRODUCTION.

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

1:28:18OFFICE OF NEW URBAN MECHANICS

1:28:19ESTIMATED THAT THE COST PER

1:28:20SINGLE UNIT OF LARGE PUBLIC

1:28:22HOUSING PROJECTS AVERAGED

1:28:25$677,000.

1:28:27IN COMPARISON, THE AVERAGE

1:28:28PROPOSED GRANT OF WORK AMOUNT

1:28:30AWARDED TO HISTORIC

1:28:31PRESERVATION PROJECTS IN THE

1:28:32FINANCIAL YEAR 26 CPA ROUND WAS

1:28:36354,000.

1:28:37SIMPLY PUT, THESE FUNDS ARE

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

1:28:41AND MORE CONSEQUENTIAL TO

1:28:42BOSTONIANS HISTORIC

1:28:43PRESERVATION EFFORTS.

1:28:45I HAVE JUST TWO MORE THINGS

1:28:48NATIONALLY THE NATIONAL

1:28:49HISTORIC PRESERVATION ACT AND

1:28:50SECTION 106 ARE AT RISK.

1:28:52THIS IS THREATENED THE LOSS

1:28:53OF SIGNIFICANT RESOURCES AND

1:28:55CULTURAL LANDSCAPES ACROSS THE

1:28:56UNITED STATES.

1:28:57IT IS MORE IMPORTANT NOW THAN

1:28:59EVER THAT WE USE OUR LOCAL

1:29:00POWER TO PROTECT OUR

1:29:02IRREPLACEABLE CULTURAL

1:29:03RESOURCES AND ASSETS IN BOSTON,

1:29:05PRESERVATION SUPPORTS CITYWIDE

1:29:07SUSTAINABILITY AND HOUSING

1:29:08GOALS AS WELL AS MAKING

1:29:09COMMUNITIES MORE STABLE,

1:29:11INCLUSIVE, THOUGHTFUL PLACES IS

1:29:13WHAT MAKES BOSTON BETTER FOR

1:29:15ALL OF US.

1:29:16THE ALLIANCE RESPECTFULLY

1:29:17REQUEST THAT THE COMMITTEE

1:29:18TABLE ANY CONVERSATION

1:29:20DISCUSSING REDUCTION IN CPA

1:29:21FUNDING FOR HISTORIC

1:29:22PRESERVATION PROJECTS.

1:29:23THANK YOU SO MUCH.

1:29:25THANK YOU.

1:29:28>> NEXT, JEFFREY.

1:29:32>> HI THERE JEFFREY GANO FROM

1:29:39DORCHESTER.

1:29:39APOLOGIES IN ADVANCE.

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

1:29:42LITTLE BIT LONG.

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

1:29:44SENTENCES HERE AND THERE SINCE

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

1:29:47.

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

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

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

1:29:52YEARS PRIMARILY IN THE ASHMONT

1:29:53PEABODY SQUARE AREA AND HAVE

1:29:55BEEN ACTIVE IN COMMUNITY

1:29:57ORGANIZATIONS AND INITIATIVES

1:29:57FOR NEARLY THREE DECADES.

1:29:59I WAS A FOUNDING BOARD MEMBER

1:30:00OF THE GREATER ASHMONT MAIN

1:30:01STREET SERVING FOR 20 YEARS AND

1:30:03I CURRENTLY SERVE AS A BOARD

1:30:04MEMBER AND THE VICE PRESIDENT

1:30:05OF THE DORCHESTER HISTORICAL

1:30:06SOCIETY.

1:30:0723 YEARS AGO I MOBILIZED

1:30:08COMMUNITY SUPPORT FOR THE

1:30:10RESTORATION OF THE HISTORIC

1:30:10PEABODY STREET A BOSTON

1:30:12LANDMARK.

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

1:30:15EVERY DAY OR EVERY WEEK.

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

1:30:20SERVED AS A COMMISSIONER ON THE

1:30:21BOSTON LANDMARKS COMMISSION.

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

1:30:23HISTORIC PRESERVATION

1:30:24CONSULTANT SINCE 2013 FOCUSING

1:30:26ON PRESERVATION PLANNING,

1:30:27COMMUNITY ENGAGEMENT,

1:30:28FUNDRAISING AND PROJECT

1:30:29MANAGEMENT FOR NONPROFIT

1:30:30ORGANIZATIONS, RELIGIOUS

1:30:32CONGREGATIONS AND

1:30:32MUNICIPALITIES.

1:30:34IN 2015 I JOINED PRESERVATION

1:30:36MASSACHUSETTS, THE STATEWIDE

1:30:37PRESERVATION ADVOCACY

1:30:38ORGANIZATION, AS ITS EASTERN

1:30:40MASSACHUSETTS FIELD SERVICES

1:30:42REPRESENTATIVE.

1:30:42TODAY I SPEAK IN A PERSONAL

1:30:45CAPACITY DRAWING ON MY

1:30:46FIRSTHAND EXPERIENCE WITH THE

1:30:47BENEFITS OF BOSTON'S COMMUNITY

1:30:49PRESERVATION ACT HISTORIC

1:30:50PRESERVATION GRANTS SINCE THE

1:30:51FIRST GRANTS WERE AWARDED IN

1:30:532018.

1:30:53SINCE THEN I HAVE WORKED WITH

1:30:55TEN COMMUNITY BASED

1:30:57ORGANIZATIONS TO SECURE

1:30:58ADMINISTER 22 CPA HISTORIC

1:31:00PRESERVATION GRANTS BENEFITING

1:31:02SIX BOSTON NEIGHBORHOODS THE

1:31:03BACK BAY BRIGHTON CENTRAL

1:31:05BUSINESS DISTRICT, DORCHESTER,

1:31:06FENWAY AND ROXBURY.

1:31:08BASED ON THAT EXPERIENCE, I

1:31:09WOULD LIKE TO MAKE FIVE VERY

1:31:10BRIEF POINTS ABOUT THE

1:31:12SIGNIFICANT VALUE THESE GRANTS

1:31:14PROVIDE TO BOSTON, ITS

1:31:15RESIDENTS AND THE COMMUNITY

1:31:17ORGANIZATIONS THAT DEPEND ON

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

1:31:20DELIVER ESSENTIAL SERVICES.

1:31:21POINT NUMBER ONE CPR HISTORIC

1:31:23PRESERVATION GRANTS HAVE BEEN A

1:31:25GAME CHANGER FOR HISTORIC

1:31:26PRESERVATION.

1:31:27BEFORE BOSTON ADOPTED THE CPA

1:31:29IN 2017, ONLY A HANDFUL

1:31:30OF CITY, REGIONAL AND STATEWIDE

1:31:31FUNDERS PROVIDED MEANINGFUL

1:31:33SUPPORT FOR QUALITY HISTORIC

1:31:34PRESERVATION WORK.

1:31:37ORGANIZATIONS RESPONSIBLE FOR

1:31:38LARGE, COMPLEX LEGACY BUILDINGS

1:31:39OFTEN HAD NO CHOICE BUT TO

1:31:41DEFER COSTLY MAINTENANCE

1:31:43RESULTING IN DECADES, SOMETIMES

1:31:44GENERATIONS OF UNDERINVESTMENT

1:31:46.

1:31:46THE NEED FOR HISTORIC

1:31:47PRESERVATION FUNDING HAS LONG

1:31:49BEEN SUBSTANTIAL AND UNDER MIT

1:31:50AND CPA HAS FINALLY PROVIDED A

1:31:53SOURCE OF FUNDING TO HELP

1:31:54ADDRESS THAT NEED EVEN IF THE

1:31:55WORK TAKES SEVERAL GRANT ROUNDS

1:31:56TO COMPLETE.

1:31:58REDUCING THE CURRENT POOL

1:31:59OF CPA HISTORIC PRESERVATION

1:32:00FUNDING WOULD REPRESENT A MAJOR

1:32:01SETBACK TO ADDRESSING THIS NEED

1:32:03.

1:32:03MY SECOND POINT HISTORIC

1:32:05PRESERVATION GRANTS ARE DRIVEN

1:32:06DIRECTLY BY COMMUNITIES AFTER

1:32:08ATTENDING DOZENS OF CPA

1:32:09HEARINGS OVER THE PAST NINE

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

1:32:12DISTINCTION AMONG PROJECTS

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

1:32:15FUNDING CATEGORIES

1:32:16OF AFFORDABLE HOUSING, OPEN

1:32:17SPACE AND HISTORIC PRESERVATION

1:32:18.

1:32:18THE PIPELINE OF AFFORDABLE

1:32:20HOUSING AND OPEN SPACE PROJECTS

1:32:21FREQUENTLY INVOLVES OR IS

1:32:22DRIVEN BY CITY DEPARTMENTS,

1:32:24AGENCIES AND STAFF DIRECTLY.

1:32:26THE SLATE OF HISTORIC

1:32:27PRESERVATION PROJECTS THAT ARE

1:32:28REPRESENTED FOR CONSIDERATION

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

1:32:31,ARE DISTINCTLY MORE

1:32:32INDEPENDENTLY DRIVEN OR

1:32:33GRASSROOTS, REFLECTING THE REAL

1:32:35TIME PRIORITIES OF THE

1:32:36COMMUNITY ORGANIZATIONS THAT

1:32:37APPLY AS CITY COUNCILORS.

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

1:32:40HIGH LEVEL OF DIRECT

1:32:41CONSTITUENT PARTICIPATION IS A

1:32:43STRENGTH OF THE PROGRAM,

1:32:45ESPECIALLY IN DORCHESTER AND

1:32:46ROXBURY HISTORICALLY

1:32:47UNDERSERVED NEIGHBORHOODS THAT

1:32:48HAVE BENEFITED SUBSTANTIALLY

1:32:50FROM HISTORIC PRESERVATION

1:32:51GRANTS FOR COMMUNITY BASED

1:32:52PROJECTS.

1:32:54MY THIRD POINT FOR MANY

1:32:55HISTORIC PRESERVATION PROJECTS

1:32:56,CPA FUNDING MAKES THE

1:32:58DIFFERENCE BETWEEN A PROJECT

1:32:59HAPPENING AND NOT HAPPENING.

1:33:00ANYONE WHO HAS EXAMINED A

1:33:02TYPICAL AFFORDABLE HOUSING

1:33:03PROJECTS PROFORMA KNOWS HOW

1:33:04MANY FUNDING SOURCES OF VARIOUS

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

1:33:07AND PRIVATE ENTITIES MAY BE

1:33:08NEEDED TO MAKE IT WORK.

1:33:101012 1520 OR EVEN MORE SOURCES

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

1:33:14HISTORIC PRESERVATION PROJECT

1:33:15HAS ONE PRIMARY FUNDING SOURCE

1:33:18ITS CPA GRANT AND ORGANIZATION

1:33:20MAY CONTRIBUTE INTERNAL

1:33:21BUILDING FUNDS IF IT HAS THEM

1:33:23OR SECURES SMALLER GRANTS FROM

1:33:24OTHER PUBLIC OR PRIVATE

1:33:25SOURCES, BUT THOSE OTHER GRANTS

1:33:26ARE TYPICALLY ONLY WORTH TENS

1:33:28OF THOUSANDS OF DOLLARS AS

1:33:29COMPARED TO A CPA GRANT

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

1:33:33FUNDING AND WITHOUT CPA FUNDING

1:33:35AND WITH SO FEW OTHER

1:33:36ALTERNATIVES, MANY OF THESE

1:33:37PRESERVATION PROJECTS SIMPLY

1:33:39CANNOT PROCEED THEY WILL DIE

1:33:40REDUCING THE POOL OF HISTORIC

1:33:42PRESERVATION FUNDING BY 60%

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

1:33:46THE MINIMUM PROGRAM REQUIREMENT

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

1:33:50OF ALL ELIGIBLE CPA HISTORIC

1:33:52PRESERVATION PROJECTS,

1:33:53DECREASING THE PORTFOLIO FROM

1:33:54ABOUT 25 PROJECTS PER YEAR DOWN

1:33:56TO TEN.

1:33:58MY FOURTH POINT HISTORIC

1:33:59PRESERVATION GRANTS CAN.

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

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

1:34:04QUICKLY.

1:34:05UM, HISTORIC PRESERVATION

1:34:07GRANTS PROTECT ESSENTIAL

1:34:08COMMUNITY SERVICE NOT JUST

1:34:09BEAUTIFUL BUILDINGS.

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

1:34:11THAT THIS IS ABOUT BEAUTIFUL

1:34:12SLATE ROOFS AND FANCY COPPER

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

1:34:16FACT MANY OF THESE OF THE

1:34:18ORGANIZATIONS THAT OWN AND OUR

1:34:20HOUSING THESE HISTORIC

1:34:20STRUCTURES PROVIDE INNUMERABLE

1:34:22COMMUNITY SERVICES OFTEN FOR

1:34:24FREE OR REDUCED PRICING IF AT

1:34:26ANY COST AT ALL.

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

1:34:29DO TO REPLACE ALL THE SERVICES

1:34:30THAT ARE HAPPENING IN THESE

1:34:32HISTORIC BUILDINGS?

1:34:33I THINK CPA REPRESENTS A GREAT

1:34:34INVESTMENT IN UM, HELPING THESE

1:34:37ORGANIZATIONS PROVIDE THOSE

1:34:38SERVICES AND THEN FINALLY UM

1:34:41CPA GRANTS HELP STRENGTHEN THE

1:34:43ORGANIZATIONS THAT RECEIVE THEM

1:34:45UM, FEEDING INTER STAFF TO

1:34:46AMAZING WORK ABOUT CAPACITY

1:34:48BUILDING AMONG ORGANIZATIONS.

1:34:50UM FOR MANY OF THE

1:34:51ORGANIZATIONS THAT I WORK WITH

1:34:52,THEY'RE VOLUNTEER DRIVEN

1:34:53FACED WITH BUILDINGS THAT UH

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

1:34:57WORTH OF DEFERRED MAINTENANCE

1:34:57ON THEM.

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

1:35:00UH, THROUGH THE REPORTING AND

1:35:02APPLICATION PROCESS, SF GIVES

1:35:04HANDS ON TRAINING ESSENTIALLY

1:35:05UM THE BUILD THE CAPACITY

1:35:06OF THESE ORGANIZATIONS NOT ONLY

1:35:08HELPS THEM DEAL WITH THEIR

1:35:09BUILDINGS BUT ALSO HELPS THEM

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

1:35:12COMMUNITIES EVEN BETTER.

1:35:13SO FINALLY MY MAIN POINT IS

1:35:15RATHER THAN SLICING AND DICING

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

1:35:20WE MAKE THE PIE BIGGER?

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

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

1:35:26WHICH WOULD TREBLE THE AMOUNT

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

1:35:30ALL OF THE THREE ACTIVITIES.

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

1:35:35THAT YOU MIGHT THINK ABOUT THAT

1:35:37QUESTION RATHER THAN, UM,

1:35:38SWITCHING FUNDS FROM ONE

1:35:40CATEGORY TO ANOTHER.

1:35:41THINK ABOUT MAKING THE PIE

1:35:43BIGGER TO BENEFIT OUR AUDIENCE

1:35:44.

1:35:44SO THANK YOU VERY MUCH.

1:35:45THANK YOU.

1:35:47>> OKAY.

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

1:35:51>> THEN WE.

1:35:52HAVE MERCY.

1:35:55THANK YOU.

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

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

1:35:59OF PUBLIC TESTIMONY.

1:35:59ABSOLUTELY.

1:36:00>> THANK YOU.

1:36:01MY NAME IS REBECCA KEMPER

1:36:02REPRESENTING HISTORIC.

1:36:03BOSTON INCORPORATED.

1:36:04LOCATED HERE IN THE DOWNTOWN.

1:36:06CROSSING AND THEIR ART.

1:36:09WHEN IT COMES TO HISTORIC.

1:36:10PRESERVATION.

1:36:11>> UH, IT PROTECTS AFFORDABLE

1:36:13HOUSING.

1:36:14UH, NATURALLY.

1:36:15SO WHAT WE CALL NATURALLY

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

1:36:18RESEARCH IT DOES THIS BY TWO

1:36:20WAYS ONE THROUGH DIRECT UM

1:36:22ADAPTIVE UH OR CONVERSION.

1:36:26AND IT ALSO DOES THIS BY

1:36:27PROTECTING THE HISTORIC FABRIC

1:36:29AROUND UH BUILDINGS OF WHICH

1:36:31PEOPLE ARE RESIDING THAT IS

1:36:33AFFORDABLE IS THERE'S TWO

1:36:34PATHWAYS TO THIS.

1:36:35IT'S INCREDIBLY MEANINGFUL WHEN

1:36:37WE THINK ABOUT BOSTON'S

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

1:36:43IS CONSIDERED HISTORIC.

1:36:44THESE ARE BUILDINGS THAT NEED

1:36:45ONGOING MAINTENANCE.

1:36:46THEY NEED ONGOING CARE.

1:36:48SOMETIMES THOSE THAT ARE

1:36:50RESPONSIBLE FOR BEING STEWARDS

1:36:51OF THESE BUILDINGS DO NOT HAVE

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

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

1:36:56CPA FUNDS ALLOWS FOR THAT

1:36:58FLEXIBILITY.

1:36:59UM I.

1:37:00>> THINK.

1:37:00THE OTHER ASPECT OF THIS TO

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

1:37:05IN AFFORDABILITY FOR BOSTON AND

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

1:37:08PRESERVATION WE'RE UNDER

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

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

1:37:14PAIRED UH FEDERAL FUNDING WITH

1:37:17UH LOW INCOME TAX CREDIT

1:37:18HISTORIC UH LOW INCOME TAX

1:37:20CREDITS OR UM LIGHT TECH WAS

1:37:23HISTORIC TAX CREDITS.

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

1:37:26THIS HAS CHANGED HISTORIC TAX

1:37:28CREDITS ARE NOW HAVE TO BE

1:37:30TAKEN ADVANTAGE OF AFTER FIVE

1:37:31YEARS AND NOT ONE.

1:37:32THIS MAKES IT IMPOSSIBLE FOR

1:37:35DEVELOPERS TO DO PROJECTS THAT

1:37:37ARE CITING AFFORDABILITY AND

1:37:40COMMUNITIES THAT NEED IT THE

1:37:41MOST AND OUR HISTORIC BUILDINGS

1:37:42.

1:37:43SO WE TOO ARE FACING VERY

1:37:45SIMILAR CHALLENGES AND CPA

1:37:46FUNDS ALLOWS FOR LOCAL FUNDING

1:37:49TO PROTECT THOSE SPACES.

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

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

1:37:52THANK YOU MERCY.

1:37:58GOOD AFTERNOON.

1:38:00UH MY NAME IS MARTY ROBINSON

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

1:38:03OF SABASTIAN AND ACTION.

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

1:38:06I STRONGLY SUPPORT AFFORDABLE

1:38:07HOUSING.

1:38:08HOWEVER, I OPPOSE CHANGING THE

1:38:10CURRENT COMMUNITY PRESERVATION

1:38:11ACT FUNDING ALLOCATION TO

1:38:12INCREASE THE PERCENTAGE

1:38:14DEDICATED TO HOUSING AT THE

1:38:15EXPENSE OF OTHER ESSENTIAL

1:38:16COMMUNITY.

1:38:17INVESTMENTS IN SOUTH BOSTON.

1:38:19WE WORK CLOSELY WITH RESIDENTS

1:38:20OF MARY ELLEN MCCORMICK, OLD

1:38:22COLONY AND WEST BROADWAY.

1:38:23THESE FAMILIES NEED STABLE

1:38:25AFFORDABLE HOUSING ESPECIALLY

1:38:26OUR YOUNGER GENERATIONS

1:38:27PREPARING TO LEAVE HOME COLLEGE

1:38:28STUDENTS WONDERING WHETHER.

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

1:38:31PLACE OF THEIR OWN AFTER

1:38:32GRADUATION AND YOUNG FAMILIES

1:38:33WHO ARE UNDER HOUSE AND NEED

1:38:35MORE SPACE.

1:38:37MANY OF THESE FAMILIES.

1:38:38>> LIVE DOUBLED UP WITH.

1:38:39PARENTS OR RELATIVES NOT

1:38:40NECESSARILY BY CHOICE.

1:38:41BUT BECAUSE AFFORDABLE.

1:38:43HOUSING IS SCARCE.

1:38:44WITH LOW WAGE JOBS AND RISING

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

1:38:47WORKERS LIVING PAYCHECK TO

1:38:49PAYCHECK FIND MOVING INTO THE

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

1:38:52IMPOSSIBLE.

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

1:38:56EQUATION.

1:38:56OUR RESIDENTS ALSO NEED SAFE

1:38:59PARKS, RECREATIONAL SPACES,

1:39:01COMMUNITY GARDENS AND PLACES

1:39:02WHERE FAMILIES CAN GATHER

1:39:03WHETHER IT'S ATTENDING A

1:39:04COMMUNITY EVENT, TAKING A WALK

1:39:06OR EVEN JUST TAPPING OUTSIDE

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

1:39:09AIR.

1:39:10AFFORDABLE HOUSING DOES NOT

1:39:12EXIST IN ISOLATION.

1:39:13THE QUALITY OF LIFE SURROUNDING

1:39:14THAT HOUSING MATTERS JUST AS

1:39:16MUCH THROUGH OUR WORK AS US

1:39:18BOSTON ACTION WE HAVE SEEN

1:39:20FIRSTHAND HOW INVESTMENTS IN

1:39:21PARKS, OPEN SPACES, RECREATION

1:39:23AND RECREATION SUPPORT YOUTH

1:39:25DEVELOPMENT, MENTAL HEALTH,

1:39:26COMMUNITY WELLNESS AND

1:39:27NEIGHBORHOOD STABILITY.

1:39:30I'M SORRY.

1:39:33OUR COMMUNITY SHOULD NOT HAVE

1:39:35TO CHOOSE BETWEEN AFFORDABLE

1:39:35HOMES AND HEALTHY, SAFE,

1:39:37RESILIENT NEIGHBORHOODS.

1:39:38THEY DESERVE BOTH.

1:39:40I RESPECTFULLY ASK THE

1:39:41COMMITTEE TO MAINTAIN THE

1:39:42CURRENT CPI ALLOCATION WHILE

1:39:43EXPLORING BROADER HOUSING

1:39:44SOLUTIONS THAT ALLOW RESIDENTS

1:39:46ESPECIALLY OUR YOUNGER

1:39:47GENERATION WORKING FAMILIES TO

1:39:48REMAIN IN THE COMMUNITIES THEY

1:39:50CALL HOME.

1:39:50THANK YOU.

1:39:52THANK YOU.

1:39:57UM LET'S LOOK.

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

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

1:40:12CONSTRUCTION AT THE BOSTON FOOD

1:40:14FOREST COALITION.

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

1:40:17OF HUNDREDS OF NEIGHBORS ACROSS

1:40:18THE CITY.

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

1:40:22COALITION OF 15 PARKS.

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

1:40:26GROUPS AND ASSOCIATIONS IN

1:40:28MATTAPAN, DORCHESTER, JP,

1:40:31ROSLINDALE, ROXBURY, ALLSTON,

1:40:32EAST BOSTON AND MANY MORE.

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

1:40:39OPEN SPACE DOLLARS UM FIRSTHAND

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

1:40:44SIT WITH NEIGHBORS AROUND

1:40:46VACANT LOTS AND DESIGN PARKS

1:40:49TOGETHER.

1:40:49UM, NEIGHBORS DECIDE WHAT TO

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

1:40:52HOW KIDS WILL PLAY THERE AND

1:40:54WHAT FOOD THEY WILL HARVEST.

1:40:55AND TOGETHER OUR TEAM WE BUILD

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

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

1:41:03THEM TOGETHER.

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

1:41:06,OPEN SPACE FOR FOOD FORESTS

1:41:08AND FOR UM, PARKS AND

1:41:11RECREATION AS WELL.

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

1:41:14TO LIFE IN DISTRICT FOUR SEVEN

1:41:17HILL AND HOPE GARDEN ALSO IN

1:41:19DISTRICT SEVEN EDGEWATER AND

1:41:21FAIRY HOLLOW AND DISTRICT FIVE

1:41:23EACH ONE STARTED AS A VACANT

1:41:24AND NEGLECTED LOT UH EACH ONE

1:41:28MANAGES STORMWATER, COOLS THE

1:41:30BLOCK, GROWS FOOD FOR NEIGHBORS

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

1:41:34LOW PUBLIC COST AND NEIGHBORS

1:41:37THEMSELVES CARE FOR THESE PARKS

1:41:39AND WE SUPPORT THEM.

1:41:41MANY ARE POSSIBLE BECAUSE WE

1:41:45PAIRED CPA DOLLARS WITH LAND

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

1:41:50,A PARTNER WHOSE HOUSING

1:41:52MISSION WE FULLY SUPPORT.

1:41:54THANK YOU COUNCILOR WORRELL

1:41:57COUNCILOR CULPEPER FOR TAKING

1:41:58ON THE HARD QUESTION HOW BOSTON

1:42:01REPLACES EXPIRING ARPA DOLLARS.

1:42:03WE SUPPORT FUNDING AFFORDABLE

1:42:05HOUSING AND WE BELIEVE BOSTON

1:42:06CAN DO CAN DO IT WITHOUT

1:42:09CUTTING OPEN SPACE ON A CPA

1:42:11POOL OF 47 MILLION.

1:42:13DROPPING OPEN SPACE FROM 20 TO

1:42:1610 MOVES ROUGHLY 4.7 MILLION A

1:42:19YEAR.

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

1:42:22MILLION ARPA GAP.

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

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

1:42:29HOUSING AND RAISING IT FROM 50

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

1:42:3520%.

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

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

1:42:39IN THE SAME WAY NEIGHBORS WANT

1:42:41HOMES THEY CAN AFFORD AND THEY

1:42:43WANT GREEN SPACES THAT ARE

1:42:45WORTH LIVING NEXT TO AND THAT

1:42:47THEY CARE FOR.

1:42:47WITH THIS APPROACH BOSTON CAN

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

1:42:52YOUR TIME.

1:42:53THANK YOU.

1:42:55UM, ADDISON.

1:43:09UM, NO.

1:43:09OKAY.

1:43:10UM, RYAN.

1:43:20HELLO.

1:43:21>> MY NAME IS RYAN KRIEGMAN.

1:43:22UM, THE EXECUTIVE DIRECTOR

1:43:23OF THE BOSTON FOOD FOREST

1:43:25COALITION.

1:43:25AND THANK YOU, COUNCILOR PEPEN

1:43:27AND COUNCILOR WORRELL FOR THE

1:43:29OPPORTUNITY TO TESTIFY TODAY.

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

1:43:34STARTED THE FOOD FOREST

1:43:35COALITION IT WAS GRASSROOTS

1:43:37NEIGHBORS LITERALLY, UH,

1:43:39BRINGING PLANTS FROM THEIR OWN

1:43:40YARD AS DUMPSTER DIVING

1:43:42CARDBOARD TO REPAIR THE SOIL.

1:43:44WE STARTED AND I STARTED IN

1:43:45EGGLESTON SQUARE.

1:43:46I MET HUNDREDS OF OTHER

1:43:47NEIGHBORS IN OTHER PARTS

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

1:43:50WE REALIZED VERY QUICKLY THAT,

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

1:43:54NONPROFIT COMMUNITY LAND TRUST

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

1:43:56PROTECT THE GOOD WORK WE WERE

1:43:58DOING.

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

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

1:44:01UP WITH SOME REAL RESOURCES

1:44:03THAT ALLOWED US TO MOVE INTO

1:44:04REALLY BUILDING STATE OF THE

1:44:05ART PARKS THAT WE REALLY

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

1:44:08PANELS THAT ALLOW FOR RAINWATER

1:44:11CAPTURE AND PUMPING IRRIGATION

1:44:12THROUGH THE PARKS ALL ALL THE

1:44:14HARDSCAPE AND EVERYTHING THAT

1:44:15MAKES THESE SPACES COME ALIVE.

1:44:16AND SO THAT FUNDING HAS REALLY

1:44:19EMPOWERED US AS COMMUNITY

1:44:20MEMBERS, AS NEIGHBORS TO TAKE

1:44:22CARE OF THESE SPACES AND TO

1:44:24SHAPE THE DESTINY

1:44:24OF DEVELOPMENT IN OUR

1:44:26COMMUNITIES.

1:44:26YOU KNOW, THIS WORK STARTED

1:44:27WITH LOCAL LEADERS REALLY

1:44:29TRYING TO BALANCE THE NEEDS

1:44:31OF THEIR NEIGHBORHOODS AND

1:44:33UNDERSTANDING THAT THERE IS AN

1:44:34AFFORDABILITY CRISIS IN BOSTON

1:44:35.

1:44:36WE ABSOLUTELY NEED AFFORDABLE

1:44:37HOUSING AND WE ALSO WANT THE

1:44:40FULL QUALITY OF LIFE IN OUR

1:44:41COMMUNITIES.

1:44:42THIS IS NOT JUST A CONCRETE

1:44:43JUNGLE AND PARKING LOT AND SO

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

1:44:47THINK THESE THINGS NEED TO BE

1:44:48PUT IN OPPOSITION TO EACH

1:44:50OTHER.

1:44:50ABSOLUTELY.

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

1:44:52BUILD PARKS AND OPEN SPACE IN

1:44:53BOSTON.

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

1:44:57CRITICAL FOR THAT.

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

1:45:00IT IS SCARCE.

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

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

1:45:045 TO 10 YEARS TO DO FOR FUTURE

1:45:06GENERATIONS.

1:45:07SO THIS THIS IS A CRITICAL

1:45:08MOMENT THAT WILL AFFECT THE

1:45:09CHARACTER OF THE CITY FOR

1:45:10GENERATIONS TO COME.

1:45:11AND WE'VE REALLY APPRECIATED

1:45:13THE PARTNERSHIP WITH THE CITY

1:45:14OF BOSTON.

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

1:45:16PARTNERSHIP THAT'S BEEN

1:45:17ALLOWING THIS WORK TO HAPPEN.

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

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

1:45:21AFFORDABLE HOUSING WITHOUT

1:45:22CUTTING FUNDING TO OPEN SPACE.

1:45:23THANK YOU.

1:45:24THANK YOU.

1:45:25>> IS THERE ANYONE HERE THAT

1:45:27UM.

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

1:45:30WOULD LIKE TO TESTIFY AND NEEDS

1:45:33TO SIGN UP?

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

1:45:37NAME.

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

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

1:45:41YOUR NAME.

1:45:42HEIGHT.

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

1:45:45YEAH.

1:45:45UH, VERY QUICKLY.

1:45:46FRANK O'BRIEN.

1:45:47I LIVE IN ROSLINDALE.

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

1:45:50OWN.

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

1:45:52UH, AND CULTURE ROSE QUITE

1:45:56RIGHT IN RAISING THIS ISSUE.

1:45:58AND IF YOU LOOK AT THE

1:46:00MUNICIPAL UH, RESEARCH BUREAUS

1:46:02REPORT, THE CPA RECOMMENDATION

1:46:04IS ONE OF MULTIPLE

1:46:06RECOMMENDATIONS.

1:46:06SO LOOKING AT IT

1:46:08COMPREHENSIVELY IT WOULD MAKE

1:46:08SENSE.

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

1:46:11BUDGET.

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

1:46:13TEAM DOES MISS BROWN AND HER

1:46:15TEAM DO AN AMAZING JOB

1:46:17OF OUTREACHING TO THE COMMUNITY

1:46:18AND HEARING FROM NEIGHBORS WHAT

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

1:46:21OWN COMMUNITY.

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

1:46:23UM, THERE ARE OTHER SOURCES

1:46:25OF FUNDING THAT WE SHOULD TAP

1:46:27INTO COUNCIL LOUIJEUNE FOR

1:46:29EXAMPLE AT ONE POINT RAISED THE

1:46:30IDEA OF ARE WE MAXIMIZING THE

1:46:33CITY'S BORROWING CAPACITY?

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

1:46:35SOMETHING THAT YOU STILL WANT

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

1:46:39LOOK AT THE TOTALITY OF OUR

1:46:40OF OUR RESOURCES AND CERTAINLY

1:46:43LASTLY FORGING EFFECTIVE

1:46:46RELATIONSHIPS ON BEACON HILL IS

1:46:48AN ABSOLUTE MUST.

1:46:49AND SO WORKING TOGETHER WE CAN

1:46:52REALLY SOLVE AND MAKE SOME REAL

1:46:53PROGRESS AT A CHALLENGING TIME

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

1:46:56THANK YOU.

1:46:57THANK YOU FRANK OKAY THAT IS

1:47:01ALL.

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

1:47:03FORWARD WITH THE NEXT PANEL.

1:47:09UM THE.

1:47:10NEXT PANEL WOULD BE.

1:47:11ELDER BERNADINE.

1:47:14THEN WE HAVE THREE OTHERS.

1:47:17>> I HEAR DONALD, ALEXIS.

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

1:47:22STEVE PUFF.

1:47:22TUCK, IF YOU COULD.

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

1:47:27IN THE FRONT.

1:47:38SO.

1:47:40>> JUST OKAY.

1:47:42THANK YOU.

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

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

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

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

1:47:53TESTIMONY RIGHT AFTER THIS

1:47:54PANEL CONCLUDES.

1:47:57>> THEIR PRESENTATION.

1:48:33PERFECT.

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

1:48:35VIRTUALLY.

1:48:38UM.

1:48:40OKAY.

1:48:41OKAY.

1:48:42ALL RIGHT.

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

1:48:44YOU.

1:48:44THANK YOU FOR BEING HERE.

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

1:48:48DO IS KIND OF HAVE YOU

1:48:49INTRODUCE YOURSELVES, UM.

1:48:50FOR YOUR NAME, WHAT

1:48:51ORGANIZATION YOU'RE

1:48:52REPRESENTING.

1:48:53OR ANY.

1:48:53>> CAPACITY THAT YOU MAY BE

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

1:48:57HAVE A PRESENTATION THAT YOU

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

1:48:59REMARKS.

1:49:00>> YOU CAN THEN PROCEED TO DO

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

1:49:03WITH WITH MY COLLEAGUES.

1:49:04THE SOUND GOOD?

1:49:05SOUNDS GOOD.

1:49:06PERFECT.

1:49:07UM, DONALD.

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

1:49:15>> HELLO.

1:49:16>> GOOD AFTERNOON.

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

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

1:49:21MR CHAIR PIPPIN AND AND CONSOLE

1:49:24.

1:49:24WELL.

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

1:49:28COMMITTEE FOR HAVING MEJIA

1:49:29TODAY TO SPEAK BEFORE YOU.

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

1:49:33I AM THE PRESIDENT OF CARIBBEAN

1:49:35INTEGRATION COMMUNITY

1:49:36DEVELOPMENT.

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

1:49:41ORGANIZATION BASED IN MATTAPAN

1:49:42AND, UM.

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

1:49:47OF YOU TODAY.

1:49:55SORRY, RYAN.

1:49:57OVERRIDING YOU FEEL LIKE I NEED

1:49:58TO MANIFEST COUNCILOR HERE

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

1:50:02SEAT HERE.

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

1:50:05I AM THE PRESIDENT OF THE

1:50:07BOSTON MUNICIPAL RESEARCH

1:50:08BUREAU.

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

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

1:50:13COMMON WITH THE CHAIR.

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

1:50:15APPRECIATIVE OF THE COMMITTEE'S

1:50:17INVITATION.

1:50:18THANK YOU, THANK YOU.

1:50:20YEAH.

1:50:21HI.

1:50:21>> GOOD MORNING.

1:50:22UH, MY NAME IS.

1:50:23ADLER BERNARD AND I AM.

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

1:50:26DESIGN AND CONSTRUCTION.

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

1:50:29FIRM AND.

1:50:29UH.

1:50:30>> CONSTRUCTION MANAGEMENT

1:50:30FIRM.

1:50:31>> WE DO A LOT OF.

1:50:32WORK AND UH.

1:50:32UH, BOSTON AREA PREDOMINANTLY

1:50:34IN MATTAPAN, DORCHESTER,

1:50:36ROXBURY, UM, BUILDING.

1:50:37AFFORDABLE HOUSING.

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

1:50:40CLOSELY WITH THE CITY.

1:50:41IN TERMS OF BUILDING AFFORDABLE

1:50:42HOUSING.

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

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

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

1:50:50OF AFFORDABLE HOUSING PROJECTS

1:50:51THAT ARE EITHER IN EITHER IN

1:50:54CONSTRUCTION OR PRE-DEVELOPMENT

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

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

1:51:01HAVE RECEIVED FUNDING FROM THE

1:51:03CPA UM.

1:51:04PROGRAM BOTH FOR AFFORDABLE

1:51:06HOUSING DEALS AS WELL AS UM

1:51:08OPEN SPACE.

1:51:09AND WE HAVE A GREAT PROJECT

1:51:11THAT'S CURRENTLY UNDERWAY

1:51:12THAT'S UTILIZING CPA FUNDING

1:51:14FOR BOTH.

1:51:16THAT'S GREAT.

1:51:18>> THANK YOU.

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

1:51:21PRESENTATION OR ANYTHING THAT

1:51:21YOU WANT TO PROVIDE BEFORE WE

1:51:22GO INTO Q&A?

1:51:24YEAH I COULD I COULD.

1:51:26PROVIDE ONE PERFECT.

1:51:27UM AGAIN WE DO A LOT

1:51:28OF AFFORDABLE HOUSING WITH THE

1:51:30CITY OF BOSTON.

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

1:51:33DELIVERED 27 AFFORDABLE HOUSING

1:51:35HOMES.

1:51:36UH, WE HAVE 57 UNITS

1:51:39OF AFFORDABLE HOUSING THAT'S

1:51:40CURRENTLY UNDER CONSTRUCTION.

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

1:51:46PRE-CONSTRUCTION SO ROUGHLY 160

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

1:51:50DEVELOPING AND WE NEED FUNDING.

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

1:51:57DISCUSSION ON THE CPA PROGRAM

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

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

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

1:52:08THE CITY OF BOSTON.

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

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

1:52:12WORKING VERY CLOSELY WITH UH,

1:52:15THE CPA PROGRAM IS UH 3036

1:52:18MILLION HAVE UH UH WHICH

1:52:20CONSISTS OF BUILDING SIX UNITS

1:52:22OF AFFORDABLE HOUSING AS WELL

1:52:24AS UM BUILDING UM UH COMMUNITY

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

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

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

1:52:33SERVING SOME OF THE RESIDENTS

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

1:52:36THE THE UH.

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

1:52:41UM SCHOOL THAT IS RIGHT ACROSS

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

1:52:44THAT PROJECT HAS BEEN GOING

1:52:45GREAT AND WE'RE VERY

1:52:47APPRECIATIVE OF UH THE CPA

1:52:49FUNDING THAT WE RECEIVE FOR

1:52:50THAT PROJECT.

1:52:51UH, WITHOUT THOSE FUNDING THAT

1:52:53PROJECT WOULD NOT HAVE BEEN

1:52:55ABLE TO MOVE FORWARD.

1:52:56UM, SO.

1:52:58IN REGARDS TO.

1:53:00BUILDING AFFORDABLE HOUSING IN

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

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

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

1:53:11HAS BEEN ROUGHLY 4% ESCALATION

1:53:14IN THE CONSTRUCTION MARKET, UH

1:53:16,WHICH IS WHICH IS HIGH

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

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

1:53:23A EVEN GREATER GAP IN TERMS

1:53:25OF UH THE AFFORDABILITY TO

1:53:28BUILD UM, PERIOD.

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

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

1:53:36400 $400 A SQUARE FOOT FOR JUST

1:53:39CONSTRUCTION COSTS.

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

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

1:53:47YEAR OVER YEAR.

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

1:53:50OF ESCALATION ON LUMBER, ON

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

1:53:54CRITICAL ITEMS THAT UM WE WE

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

1:53:59AFFORDABLE HOUSING.

1:54:01SO A SUBSIDY AWARD SIZE TWO

1:54:04YEARS AGO NO LONGER CLOSE THE

1:54:05GAP TODAY.

1:54:07UH, APPROVED.

1:54:08PROJECTS ARE ARRIVING AT A

1:54:10CLOSING SHORTFALL.

1:54:12UH, BASED ON THE AMOUNT

1:54:13OF ESCALATION THAT WE'RE

1:54:14EXPERIENCING IN THE MARKET.

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

1:54:21AND FOR FAMILIES THAT ACTUALLY

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

1:54:26SEEING JUST BASED ON A STUDY

1:54:28DONE BY THE BOSTON FOUNDATION,

1:54:31ONLY 1 IN 7 GREATER BOSTON

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

1:54:35STARTER HOME IN THIS CLIMATE

1:54:38RIGHT NOW.

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

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

1:54:46.

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

1:54:49TERMS OF WHAT A FAMILY WOULD

1:54:51NEED TO ACTUALLY BUY A STARTER

1:54:52HOME.

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

1:54:58SEEING ROUGHLY 430 UNITS UH

1:55:02APPROVED IN Q1 OF 2026.

1:55:05IT'S ON PACE TO THE SLOWEST

1:55:06YEAR IN SINCE 2010.

1:55:10SO THE ESCALATION EXPERIENCE IN

1:55:12THE MARKET IS REALLY PLAYING A

1:55:13HUGE FACTOR UH TO THAT.

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

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

1:55:24OF UM INCREASING THE DOLLARS

1:55:26THAT GO TOWARDS UM HOUSING AND

1:55:29UH FOR AFFORDABLE HOUSING FROM

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

1:55:33HOUSING GOAL FROM 50 TO TOWARDS

1:55:3780% UH, STARTING WITH THE NEXT

1:55:39ROUND, UH, DEDICATED A

1:55:41MEANINGFUL SHARE TO AFFORDABLE

1:55:43HOMEOWNERSHIP, UM, TO SUSTAIN

1:55:45PROJECTS SIMILAR TO THE WELCOME

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

1:55:49VERY SUCCESSFUL UM AND

1:55:53PROVIDING FAMILIES UM

1:55:55OPPORTUNITIES TO AFFORD AFFORD

1:55:57UH TO BUILD GENERATIONAL WEALTH

1:56:00UM SIZE PER UNIT TOWARDS THE

1:56:02CURRENT CONSTRUCTION COSTS.

1:56:03AGAIN THERE'S A LOT

1:56:04OF ESCALATION IN THE MARKET.

1:56:06UM SO WE WE DEFINITELY NEED

1:56:08SOME OF THE UH SUBSIDIES PER

1:56:11UNIT THAT WE TYPICALLY USE IN

1:56:13THE PAST.

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

1:56:17COINCIDE WITH UM, WHAT THE

1:56:19MARKET IS CURRENTLY

1:56:20EXPERIENCING.

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

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

1:56:25CONVERSATION.

1:56:26THANK YOU.

1:56:27>> I ALSO WANT TO ACKNOWLEDGE.

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

1:56:31HILARY PIZER.

1:56:32SHE'S UM VIRTUAL.

1:56:33SO THANK.

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

1:56:35HILARY.

1:56:37UM, OKAY.

1:56:39DONALD.

1:56:39YEAH.

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

1:56:42FEW THINGS I THINK.

1:56:44UM, I.

1:56:45GOT ABOUT HALF DECENT

1:56:47PRESENTATION.

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

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

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

1:56:54FAVOR OF INCREASING THE SHARE

1:56:58OF OF AFFORDABLE HOUSING FOR

1:56:59THE CITY BUT ALSO TO

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

1:57:05CITY WITH A LOT OF RESOURCES

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

1:57:08AND I.

1:57:08HATE THAT.

1:57:09WE HAVE TO.

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

1:57:14HISTORICAL UM AGAINST

1:57:16AFFORDABLE HOUSING BECAUSE WE

1:57:17NEED AN ECOSYSTEM WHERE

1:57:19EVERYBODY CAN THRIVE AND THAT

1:57:20INCLUDE HAVE NICE OPEN SPACE

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

1:57:28SPACES.

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

1:57:33SPACE THAT SERVE THE COMMUNITY

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

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

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

1:57:42CONVERSATION IS A GREAT

1:57:43CONVERSATION TO HAVE TODAY SO

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

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

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

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

1:57:56EMERGING DEVELOPER SHOULD BE

1:57:57PART OF THE SOLUTION BECAUSE

1:57:59WHEN UH UM YOU SEE THE

1:58:03IMMEDIATE RESULT SO.

1:58:06UM CARIBBEAN INTEGRATION HAS

1:58:08BENEFITED FROM TWO OPEN SPACE

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

1:58:12VILLAGE AND IN MARTIN STATION

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

1:58:17HAVE A RIBBON CUTTING.

1:58:18PEOPLE COME IN AND PEOPLE KNOW

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

1:58:20SAYS CPA PEOPLE KNOW EXACTLY

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

1:58:24FOR AFFORDABLE HOUSING YOU KNOW

1:58:27IT CAN TAKE FROM FROM THREE

1:58:29YEARS TO FIVE YEARS BEFORE

1:58:30THOSE UNITS BEEN BUILT.

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

1:58:35IMPACT OF OF CPA DOLLARS INTO

1:58:38HIRES INSIDE.

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

1:58:41WORK MORE WITH EMERGING

1:58:43DEVELOPERS SO THAT DOING UM

1:58:46SMALLER HOUSING DEVELOPMENT

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

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

1:58:50CREATE A BETTER INCENTIVE TO TO

1:58:54UH TO HAVE THAT CONVERSATION.

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

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

1:58:59UM.

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

1:59:03BUT ALSO HAVE MORE EMERGING

1:59:05DEVELOPER AT THE TABLE TO GET

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

1:59:09THANK YOU.

1:59:11YEP.

1:59:11JUST JUST.

1:59:12YOU KNOW, VERY BRIEFLY.

1:59:13UM.

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

1:59:15FRAME FOR THIS DISCUSSION IS

1:59:16SORT OF THIS AWKWARD PICK THE

1:59:19CHILD WHO LOVE BEST YET RIGHT

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

1:59:22SPACE TO BE IN.

1:59:24UM HOWEVER THIS BODY MAKES

1:59:26THOSE TYPES OF PRIORITIZATION

1:59:29DECISIONS DIRECTLY OR

1:59:30INDIRECTLY AT ALMOST EVERY

1:59:32MEETING.

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

1:59:35REJECT THE NOTION THAT THAT WE

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

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

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

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

1:59:46THIS BODY TO THINK ABOUT WHAT

1:59:48WHAT ARE WHAT ARE THE

1:59:49PRIORITIES WHAT ARE THE MOST

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

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

1:59:55SERVE OUR COMMUNITY.

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

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

1:59:59ABOUT THIS.

1:59:59RIGHT.

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

2:00:01VOLUME OF APPLICATIONS FOR THE

2:00:02THREE DIFFERENT CATEGORIES.

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

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

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

2:00:09THE GREATEST NEED AND UM AND

2:00:11DRAW YOUR OWN CONCLUSIONS THERE

2:00:13.

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

2:00:15LITTLE BIT MORE DATA.

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

2:00:18KIND ENOUGH TO CITE PREVIOUS

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

2:00:21KNOW, OBVIOUSLY GRATEFUL FOR

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

2:00:25COUNCILOR WARHOL'S QUESTION.

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

2:00:28WAS SUCH A HIGH PERCENTAGE

2:00:29OF SPENDING ON AFFORDABLE

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

2:00:32WAS A RELATIVELY LOW LEVEL

2:00:34OF OVERALL SPENDING FROM THE

2:00:35CPA.

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

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

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

2:00:43THE DENOMINATOR SHRANK THE

2:00:45NUMERATOR THE AMOUNT SPEND ON

2:00:47AFFORDABLE HOUSING WAS ROUGHLY

2:00:48CONSISTENT WITH THE YEARS THAT

2:00:49FOLLOWED.

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

2:00:51REFLECTIVE OF A POLICY DECISION

2:00:53IN THAT PARTICULAR YEAR.

2:00:55I THINK THERE'S SOMETHING

2:00:55ANOMALOUS HAPPENING.

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

2:00:59BIT OF DATA.

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

2:01:02LAST EIGHT YEARS UH HAS SPENT

2:01:0651.4% OF ITS COMMUNITY

2:01:08PRESERVATION ACT FUNDS ON

2:01:10AFFORDABLE HOUSING.

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

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

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

2:01:19WHICH IS WHAT CAMBRIDGE SPENDS.

2:01:22UM AND HAD BOSTON CHOOSE CHOSEN

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

2:01:26THAT WOULD HAVE RESULTED IN

2:01:28ADDITIONAL $65.8 MILLION UM,

2:01:32GOING TOWARDS AFFORDABLE

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

2:01:35INCREASE OVER WHAT WAS ACTUALLY

2:01:38SPENT.

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

2:01:41UH, THINK THIS ISSUE THROUGH

2:01:44CAREFULLY AND UNDERSTAND THAT

2:01:45THERE ARE SIGNIFICANT, UH,

2:01:48SIGNIFICANT POTENTIAL IMPACTS

2:01:50OF CHANGING THAT FUNDING

2:01:51ALLOCATION.

2:01:52SO THANK YOU CHAIR.

2:01:52THANK YOU.

2:01:56UH UM.

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

2:02:01YOU HEAR ME?

2:02:01PERFECT.

2:02:02WOULD YOU.

2:02:03LIKE TO HAVE THE OPPORTUNITY

2:02:03TO.

2:02:04INTRODUCE YOURSELF AND IN

2:02:05PROVIDING THE.

2:02:06OPENING REMARKS?

2:02:07SURE.

2:02:08>> THANK YOU SO MUCH AND I

2:02:09APPRECIATE YOUR FLEXIBILITY.

2:02:10I HAD SOME FAMILY ISSUES COME

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

2:02:14APPRECIATE THE THE VIDEO LINK.

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

2:02:19DIRECTOR OF ORGANIZING AND

2:02:20POLICY AT MAHA, THE MASS

2:02:22AFFORDABLE HOMEOWNERSHIP

2:02:23ALLIANCE IN DORCHESTER.

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

2:02:29TIME HOMEBUYERS AND HOMEOWNERS

2:02:33EVERY SINGLE YEAR.

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

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

2:02:42IS MUCH BROADER THAN BOSTON.

2:02:44BUT EVEN WITHIN BOSTON I WOULD

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

2:02:49REMEMBER THAT THE BLACK AND

2:02:51LATINO UH, MEDIAN INCOME IS

2:02:53ABOUT HALF A LITTLE BIT LESS

2:02:56THAN HALF ACTUALLY OF UH MEDIAN

2:02:58INCOME FOR WHITE HOUSEHOLDS.

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

2:03:02GOING TO SHRINK THE HUGE

2:03:05HOMEOWNERSHIP AND WEALTH GAPS

2:03:06IN THE CITY AND ACROSS THE

2:03:08STATE, HOMEOWNERSHIP AND ACCESS

2:03:10TO HOMEOWNERSHIP IS ONE OF THE

2:03:12MOST IMPORTANT VEHICLES FOR

2:03:14DOING THAT.

2:03:16UM, WE ARE REALLY APPRECIATIVE

2:03:18OF THE CPC AND THE CITY

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

2:03:22PLUS BOSTON MORTGAGE PROGRAM.

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

2:03:29HAS BEEN A TRANSFORMATIONAL

2:03:31PROGRAM.

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

2:03:34FAN OF THANKING BROWN A MEMBER

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

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

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

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

2:03:46PLUS BOSTON PROGRAM HAS ALREADY

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

2:03:51OF FUNDS.

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

2:03:56TWO AREAS.

2:03:57ONE IS THAT IT?

2:03:59IT USED TO PROVIDE A TWO

2:04:01PERCENTAGE POINT INTEREST RATE

2:04:02DISCOUNT FOR HOMEBUYERS LESS

2:04:05WHOSE HOUSEHOLD INCOME WAS LESS

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

2:04:101% DISCOUNT, UM, ON A $400,000

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

2:04:16MIDDLE FINGER BETWEEN SOME

2:04:17OF THE AFFORDABLE AND THE

2:04:19MARKET RATE.

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

2:04:24MONTH IN ADDITIONAL COST.

2:04:26UH, FOR THOSE BUYERS UNDER

2:04:298,080% UM WHEN ONE PLUS BOSTON

2:04:31WAS ORIGINALLY UH CONTEMPLATED

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

2:04:38YOU KNOW, INTERDISCIPLINARY

2:04:40GROUP THAT WAS TRYING TO FIGURE

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

2:04:43EFFICIENT WAY TO GET PEOPLE

2:04:44INTO HOMES.

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

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

2:04:50USE THIS PRODUCT TO ACCESS THE

2:04:52PRIVATE HOMEOWNERSHIP MARKET?

2:04:55NOW THE MAJORITY OF PEOPLE WHO

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

2:05:01UM ARE ACTUALLY BUYING

2:05:03AFFORDABLE UNITS.

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

2:05:07COUNCILOR MORALES AND

2:05:08COUNCILOR LOUISIANA'S POINT IT

2:05:11OPENS UP SOME OF OUR AFFORDABLE

2:05:13HOUSING TO PEOPLE WHO ARE LOWER

2:05:16THAN THE ACTUAL INCOME LIMIT.

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

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

2:05:22RACIAL HOMEOWNERSHIP GAP AND

2:05:24YOU REALIZE THAT THOSE MEDIAN

2:05:25COMES ARE DIFFERENT.

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

2:05:30THAT FULL ONE PLUS BOSTON

2:05:32PROGRAM RESTORED UNDERSTANDING

2:05:34THAT THERE IS A CRUNCH THERE

2:05:37THE OTHER TWO UH CATEGORIES

2:05:39THAT HAVE BEEN SHRUNK AND ONE

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

2:05:42WERE RECENTLY DISPLACED FROM

2:05:44BOSTON.

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

2:05:46RENT THERE ANYMORE AND YOU WENT

2:05:48DOWN TO THE SOUTH COAST TO

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

2:05:52BOSTON TO COME BACK TO THE

2:05:53CITY.

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

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

2:05:59BROCKTON OR ATTLEBORO AND

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

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

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

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

2:06:10SHORTAGE OF FUNDS FOR

2:06:11AFFORDABLE HOMEOWNERSHIP.

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

2:06:14PRODUCTION.

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

2:06:17IS THE NEEDS RELATED TO GREEN

2:06:19SPACE AND HISTORIC PRESERVATION

2:06:21.

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

2:06:24NEED MORE MONEY FOR HOUSING AND

2:06:26IN PARTICULAR FOR

2:06:28HOMEOWNERSHIP.

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

2:06:30NUMBER OF THINGS THAT WE CAN

2:06:31WORK ON TOGETHER.

2:06:33ONE IS LEGISLATION IS GOING TO

2:06:35BE FILED THE NEW LEGISLATURE TO

2:06:37INCREASE THE STATE CPA MATCH

2:06:40GENTLEMAN FROM UH DORCHESTER

2:06:42AND PEABODY.

2:06:43SQUARE CLOCK FAME UH MENTIONED

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

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

2:06:49MATCH AND THE MORE COMMUNITIES

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

2:06:51HAS BEEN AS A PERCENTAGE.

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

2:06:55ON THE REAL ESTATE TRANSFER

2:06:57FEE.

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

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

2:07:03THE BOSTON DELEGATION AROUND

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

2:07:07COUNCIL.

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

2:07:11REALLY, REALLY PROGRESSIVE FORM

2:07:13OF REVENUE.

2:07:14IT APPLIES ONLY TO

2:07:15MULTI-MILLION DOLLAR PROPERTIES

2:07:16BEING TRANSFERRED AND I THINK

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

2:07:21ARE NOT UNDERCUTTING NEW

2:07:23HOUSING DEVELOPMENT AS WE'RE

2:07:24TRYING TO MAKE IT MORE

2:07:26AFFORDABLE.

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

2:07:29TAX RELIEF FOR SENIORS, YOU

2:07:31KNOW THAT WAS ATTACHED TO THAT

2:07:33HOME RULE PETITION.

2:07:34WE NEED TO GET THAT THROUGH

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

2:07:37LOSING HOMEOWNERS AT THE BACK

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

2:07:40ONES.

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

2:07:43.

2:07:44STATE POLICY.

2:07:46WE HAVE A HUGE AMOUNT

2:07:48OF CAPITAL FUNDING FOR.

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

2:07:53BILLION OPERATING BUDGET FOR

2:07:54HOUSING CAPITAL SIDE.

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

2:07:59HOMEOWNERSHIP.

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

2:08:02SPENDING 0.04% FOR

2:08:05HOMEOWNERSHIP NOT EVEN A 10TH

2:08:07OF A PERCENT.

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

2:08:10THAT AND WE NEED TO BE

2:08:11ADVOCATING WITH SECRETARY

2:08:12MATTIS, THE GOVERNOR AND

2:08:14LIEUTENANT GOVERNOR.

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

2:08:17THAT WHEN WE'RE FUNDING

2:08:19INVESTMENTS TO BETTER THE

2:08:20QUALITY OF LIFE FOR BOSTON

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

2:08:24FORM OF NEW PARKS AND

2:08:25PLAYGROUNDS, IMPROVED TRANSIT

2:08:27OR OTHER AMENITIES.

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

2:08:30ROBUST AFFORDABLE HOUSING

2:08:31STRATEGY BECAUSE WITHOUT THAT

2:08:33THE NEW NEIGHBORHOOD AMENITIES

2:08:35ARE GOING TO ATTRACT HIGHER

2:08:37INCOME PEOPLE AND POSSIBLY

2:08:40INCREASED PROPERTY VALUES WHICH

2:08:41INCREASE PROPERTY TAXES.

2:08:44SO WE WILL HAVE THESE NEW

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

2:08:48THE PEOPLE THAT WERE IMAGINING

2:08:49THEM USING THOSE AMENITIES.

2:08:51NOW THOUGH, OUR NEIGHBORHOODS

2:08:53WILL BE MORE BEAUTIFUL AND

2:08:55ACCESSIBLE BUT MOST OF THE

2:08:57PEOPLE THAT MY HEART WORKS WITH

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

2:09:00IMPROVEMENTS.

2:09:01SO WE NEED ANCHOR PEOPLE AND

2:09:03FAMILIES AND HOMEOWNERSHIP IS

2:09:05UNIQUELY EFFECTIVE IN PROMOTING

2:09:08LONG TERM STABILITY, ENABLING

2:09:11FAMILIES TO BUILD A NEST HOME

2:09:14IN BOSTON.

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

2:09:17AS A HOLISTIC PIECE OTHERWISE

2:09:20AGAIN WE GET THE DISPLACEMENT

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

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

2:09:26APPRECIATE BEING ABLE TO SHARE

2:09:28THESE UM, OBSERVATIONS FROM OUR

2:09:31LITTLE POINT OF VIEW.

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

2:09:35TO RESTORING THE FULL ONE PLUS

2:09:36BOSTON PROGRAM AND REALLY UM,

2:09:39MAKING SURE THAT AS ARPA ENDS

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

2:09:44AFFORDABLE UNITS HAVE COME FROM

2:09:45THAT ARE HOMEOWNERSHIP, THAT WE

2:09:48HAVE A ROBUST CITY POLICY AND

2:09:50THAT WE ARE ALL WORKING

2:09:52TOGETHER ON STATE POLICY.

2:09:54THANK YOU SO MUCH.

2:09:57THANK YOU HILLARY.

2:09:58OKAY.

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

2:10:01UM DIVE.

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

2:10:03AND I'M.

2:10:04>> GOING TO START WITH.

2:10:04COUNCILOR EARL.

2:10:05AND THEN.

2:10:06COUNCILOR FLYNN LOUIJEUNE AND

2:10:07MYSELF COUNCILOR ALL YOU HAVE

2:10:09SEVEN MINUTES.

2:10:10THANK YOU CHAIR.

2:10:11>> AND THANK YOU UH TO THE

2:10:12PANELISTS THAT HERE HAD THE

2:10:14PLEASURE OF WORKING WITH

2:10:15EVERYONE ON THE PANEL UM AND

2:10:17HAVE UM, CONVERSATIONS AROUND A

2:10:19VARIETY OF THINGS.

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

2:10:26STATE WHAT I WHAT IS ONLINE

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

2:10:32POLICY IS.

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

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

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

2:10:42PRESERVATION.

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

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

2:10:50THERE TO BE ALLOCATED BASED OFF

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

2:10:55NEED.

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

2:10:59ALLOCATION.

2:10:59AND AGAIN MY ADVOCACY IS LIKE

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

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

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

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

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

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

2:11:16ALLOCATION.

2:11:17BUT YOU KNOW, WE.

2:11:19>> COULD TAKE A LOOK AT JUST

2:11:20THIS 10% FLEXIBLE ALLOCATION OR

2:11:21THINK ABOUT HOW WE DISTRIBUTE

2:11:23THE ALREADY PERMANENT

2:11:25ALLOCATIONS TO 50 AND 20.

2:11:27SO JUST JUST SOME THOUGHT THERE

2:11:28.

2:11:28BUT THE OTHER THING THAT I

2:11:31THOUGHT ABOUT I THINK IT WAS

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

2:11:34WAS OVER AT MORTON STREET

2:11:36CELEBRATING UH THE SERENITY

2:11:37GARDEN.

2:11:38RIGHT.

2:11:39UM SO OPEN.

2:11:39SPACE UM AND AFFORDABLE HOUSING

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

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

2:11:46A LOT OF OUR DEVELOPERS.

2:11:48CREATE OPEN SPACES WHEN THEY

2:11:49CREATE AFFORDABLE HOUSING.

2:11:51ANOTHER EXAMPLE OF THAT IS THE

2:11:54WORK AROUND WHAT'S THE

2:11:56WASHINGTON WHERE TRAVIS LEE, A

2:11:58DEVELOPER, WAS ABLE TO DONATE

2:11:59THE LAND ON NORWELL STREET TO

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

2:12:04WASHINGTON STREET FOR THE

2:12:05NEIGHBORHOOD.

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

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

2:12:14HELPING CREATE UH, SPREADING

2:12:16THE GARDENS, OPEN SPACE AND

2:12:18PARKS IN OUR NEIGHBORHOODS AS

2:12:20WELL.

2:12:21UM, AND ALSO WHEN WE LOOK AT IN

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

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

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

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

2:12:31GENERATING REVENUE IS THE

2:12:32CREATION IS PROPERTY TAX.

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

2:12:36THAT WOULD THEN GIVE US THE

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

2:12:42RIGHT.

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

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

2:12:47LOOKING TO FUND.

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

2:12:50I ASK A QUESTION NOW.

2:12:53IS WHEN.

2:12:54IT COMES TO COST OF HOUSING AND

2:12:57THE CREATION OF HOUSING OR AS

2:12:59HOUSING AND I GUESS SALARY FOR

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

2:13:04INCREASED.

2:13:04UH, HOW HAS FUNDS TOWARDS

2:13:09SUBSIDIZING OR TOWARDS PROGRAMS

2:13:11LIKE DOWN PAYMENT ASSISTANCE?

2:13:13UH THOSE STAYING WITHIN THE

2:13:15SAINT ARE THEY INCREASING THE

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

2:13:20COST OF PURCHASING A HOME?

2:13:23SO THE.

2:13:24>> SUBSIDIES THAT YOU'RE

2:13:24RECEIVING HAVE THEY INCREASE

2:13:26THE SAME AMOUNT OVER THE YEARS

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

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

2:13:35PURCHASE A HOME?

2:13:36IN HILLARY'S CASE.

2:13:37I WOULD SAY NO NOT NECESSARILY

2:13:41UH, FROM JUST FROM MY

2:13:42EXPERIENCE WORKING WITH, UH,

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

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

2:13:46BEEN SOMEWHAT STATIC IN TERMS

2:13:49OF THE SUBSIDIES PER UNIT.

2:13:52UM, AS COST ESCALATION HAS

2:13:54CONTINUED TO INCREASE.

2:13:55UM, SO AS DEVELOPERS AND

2:13:58CONTRACTORS WE HAVE TO THINK

2:13:59VERY CREATIVELY IN TERMS

2:14:03OF FITTING INTO THAT BOX

2:14:04OF COST PER UNIT.

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

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

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

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

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

2:14:16OVERALL DEVELOPMENT TO MAKE

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

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

2:14:21,WILL BE ENOUGH TO ACTUALLY

2:14:24FUND THAT PROJECT.

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

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

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

2:14:31UNITS YOU CAN BUILD.

2:14:33UM, OBVIOUSLY THAT DEVELOPMENT

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

2:14:38IT BECOMES IT BECOMES EVEN MORE

2:14:40DIFFICULT NOW WHERE UM THE CITY

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

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

2:14:47GETTING SUBSIDIES UH, THAT

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

2:14:51CPA AND THE STATE IS USING

2:14:53COMMONWEALTH BUILDER FUNDS NOW

2:14:55THAT COMMONWEALTH BUILDER FUNDS

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

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

2:14:59DIFFICULT TO LOOK AT.

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

2:15:03OF THESE AFFORDABLE HOUSING

2:15:04DEALS PENCIL OUT.

2:15:08YEAH.

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

2:15:12DEFINITELY CORRECT.

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

2:15:16PROJECT WE JUST WANT TO THE

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

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

2:15:21OUR SUBSIDIES AND.

2:15:24UM EVEN IF YOU COMPARE LIKE

2:15:25THREE YEARS AGO THE NUMBER

2:15:27OF SUBSIDIES YOU HAD AVAILABLE

2:15:28WHEN YOU WALK IN AND YOU

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

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

2:15:35OBVIOUSLY CONSTRUCTION COSTS

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

2:15:38BIG THING.

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

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

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

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

2:15:48THE NEIGHBORHOOD, YOU KNOW AND

2:15:49WHAT CAN YOU.

2:15:51UH.

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

2:15:53DIFFERENT CONVERSATION.

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

2:15:55DEVELOPER HAS A LOT

2:15:57OF CHALLENGES AND I WOULD EVEN

2:15:58GO FURTHER SAY SMALL DEVELOPERS

2:16:02FACING THE BRUNT OF IT BECAUSE

2:16:03THEY HAVE.

2:16:05UH UM.

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

2:16:07UNLIMITED CREDIT ON.

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

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

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

2:16:15ON PUBLIC SUBSIDIES TO MAKE

2:16:16GOOD FOR THEM.

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

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

2:16:22REASON UM I WHOLEHEARTEDLY IN

2:16:23FAVOR OF INCREASING CPA BECAUSE

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

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

2:16:31DEALS THAT'S EMERGING

2:16:33DEVELOPERS WORKING ON TO HAVE

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

2:16:37HAPPEN TODAY YOU HAVE A GROUP

2:16:38OF SMALL DEVELOPMENT WILL BE

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

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

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

2:16:44NEXT FEW YEARS AND THOSE FOLKS

2:16:46WILL GET OUT OF BUSINESS.

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

2:16:49LITTLE BIT INTENTIONAL ABOUT UH

2:16:51,HELP SUPPORT THE WHOLE BOSTON

2:16:55DEVELOPMENT ECOSYSTEM.

2:16:55SO.

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

2:17:01.

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

2:17:04ASKED ALSO ABOUT THE DOWN

2:17:06PAYMENT SIDE AND THAT HAS ALSO

2:17:09CONTRACTED WITH THE ELIMINATION

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

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

2:17:17I TOTALLY AGREE THAT THE CITY

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

2:17:22NEW DEVELOPERS GET INTO THE

2:17:24BUSINESS AND BUILD SOME OF THE

2:17:26HOMES IN OUR NEIGHBORHOODS.

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

2:17:29THAT INFRASTRUCTURE IN THE

2:17:31PROCESS HERE.

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

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

2:17:38YOUR REPORT AROUND UH,

2:17:40INCLUSIONARY ZONING AND LINKAGE

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

2:17:44.

2:17:44ABOUT THE CITY SHOULD.

2:17:45CONSIDER ALTERNATE FUNDING

2:17:46SOURCES AND THE IMPORTANCE

2:17:47OF PRIVATE HOUSING PRODUCTION

2:17:48DURING TIMES OF SLOW START.

2:17:51CAN YOU JUST YOU KNOW, SHARE

2:17:52FOR THE RECORD.

2:17:53AND FOR THE PUBLIC.

2:17:54UM, WHY YOU BELIEVE.

2:17:57THAT'S IMPORTANT?

2:17:58AND THEN ALSO.

2:17:59UH, YOUR THOUGHTS.

2:17:59AROUND INCLUSIONARY ZONING AND

2:18:02LINKAGE AND HOW UH, SLOW

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

2:18:08THOSE TWO PROGRAMS TO CREATE

2:18:09THE AFFORDABLE HOUSING.

2:18:11SURE.

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

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

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

2:18:17QUESTION UH, TO THE PREVIOUS

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

2:18:21HAVE A SERIES OF SUBSIDIES FOR

2:18:24HOUSING INCLUSIONARY FOR

2:18:25AFFORDABLE HOUSING,

2:18:26INCLUSIONARY ZONING AND LINKAGE

2:18:28ARE KEY.

2:18:29PARTS OF THAT.

2:18:30THOSE PROGRAMS ARE

2:18:31FUNDAMENTALLY PRO CYCLICAL WHEN

2:18:33WHEN THE RESIDENTIAL MARKET IS

2:18:35PRODUCING HOUSING IT IS

2:18:37PRODUCING AFFORDABLE UNITS.

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

2:18:40AFFORDABLE UNITS.

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

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

2:18:46CYCLE.

2:18:46WE ARE NOT PRODUCING A LOT

2:18:48OF RESIDENTIAL UNITS AND THE

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

2:18:52ARE NOT ARE NOT PRODUCTIVE.

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

2:18:55THAT IS A BROADER POLICY

2:18:57QUESTION FOR US TO GRAPPLE

2:18:58WITH.

2:18:58RIGHT?

2:18:58DO WE DO WE WANT AFFORDABLE

2:19:00HOUSING FUNDING TO BE SO

2:19:03DEPENDENT ON KIND OF THESE PRO

2:19:05CYCLICAL POLICIES OR DO WE WANT

2:19:06TO THINK IN THE LONGER TERM

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

2:19:09THINGS THAT MIGHT BE

2:19:10COUNTERCYCLICAL THAT WHEN WE

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

2:19:13PRODUCE UNITS?

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

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

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

2:19:19THERE.

2:19:20THAT WAS ONE OF THE CONCLUSIONS

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

2:19:23REAL BIAS FOR THESE PRO

2:19:24CYCLICAL PROGRAMS WHICH WORK

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

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

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

2:19:30THANK YOU.

2:19:31>> THANK YOU COUNCILOR FLYNN.

2:19:34THANK YOU MR CHAIR.

2:19:37THANK YOU TO THE PANELISTS FOR

2:19:38BEING HERE.

2:19:41UM MY QUESTION IS SIMILAR TO

2:19:44COUNCILOR MORALES QUESTIONING

2:19:46UM.

2:19:49THE CITY OF.

2:19:50BOSTON RECEIVED UH, SIGNIFICANT

2:19:52MONEY FROM ARPA FOR DOWN

2:19:55PAYMENT OF UM DOWN PAYMENT FOR

2:20:00UM, BUYING A HOME.

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

2:20:05WAS I WAS ALONE BUT.

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

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

2:20:15VERY VERY LOW INTEREST RATE,

2:20:17COULD THAT HELP THE MARKET?

2:20:20COULD THAT HELP THE ECONOMY

2:20:23WHERE WE'RE NOT GIVING

2:20:25SOMETHING NECESSARILY AWAY FREE

2:20:28TO PEOPLE BUT WE ARE GIVING

2:20:30THEM A HELPING HAND MAYBE WITH

2:20:32THE VERY, VERY LOW INTEREST

2:20:34RATE AND THAT MONEY THEN WOULD

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

2:20:39OR INTO THE INTO THE SYSTEM

2:20:41WHERE WE CAN CONTINUE TO

2:20:42SUPPORT AFFORDABLE HOUSING.

2:20:48UM WHAT ARE YOUR THOUGHTS ON

2:20:49THAT?

2:20:51UH.

2:20:52>> I WOULD SAY BASED ON CITY

2:20:56POLICY.

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

2:20:59IF YOU GET UM UM.

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

2:21:03MONEY TO BUILD IT SO THE AMOUNT

2:21:05OF MONEY YOU PAY FOR A TWO

2:21:07BEDROOM I DON'T REMEMBER THE

2:21:08EXACT NUMBER BUT CLOSE ENOUGH.

2:21:10UM.

2:21:10>> A TWO BEDROOM IS 285,000.

2:21:13AND THEN THERE'S SO MUCH.

2:21:15EQUITY THAT PERSON CAN A OVER

2:21:17THE YEARS.

2:21:18SO BECAUSE THEY WANT TO MAKE

2:21:19SURE THAT YOU DON'T GET LIKE AN

2:21:21AFFORDABLE UNIT

2:21:22OF HOMEOWNERSHIP AND THEN YOU

2:21:23GO IN AND WE SELL IT AT MARKET.

2:21:26SO UM.

2:21:26I THINK THAT'S A POLICY

2:21:28CONVERSATION.

2:21:29IT COULD BE POSSIBLE BUT IN.

2:21:31>> THIS CURRENT UH THE WAY THE

2:21:34POLICY.

2:21:34>> IS WRITTEN TODAY.

2:21:36UM WE HAVE TO RUN NUMBERS AND

2:21:38SEE IF IT'S VIABLE, YOU KNOW,

2:21:41SO BUT UH, I WOULD ASSUME IN

2:21:43AGE HAS A LOT OF UH.

2:21:46>> UM.

2:21:47GREAT STUFF THAT IF YOU WANT

2:21:50SOMETHING THAT'S.

2:21:52A VIABLE, UM, A THE.

2:21:56WE WILL PROPOSE IT ALREADY BUT

2:21:57I WOULD SAY THE GREEN PART WHAT

2:21:59MAKES SENSE BECAUSE YOU WANT TO

2:22:01MAKE SURE THAT LIKE, YOU.

2:22:02>> KNOW, UH, UM.

2:22:03IT COST YOU ALMOST 600 TO BE

2:22:04ABLE TO SELL IT FOR 285 SO

2:22:07THEREFORE THERE'S A GAP SO YOU

2:22:08HAVE TO MAKE UP FOR IT.

2:22:10SO 600 TO BUILD ONE UNIT.

2:22:12THAT'S LIKELY.

2:22:15I THINK I, I THINK UM.

2:22:17JUST TO.

2:22:18>> KIND OF PIGGYBACK ON WHAT HE

2:22:19SAID I.

2:22:20>> THINK UH.

2:22:21I THINK I'M ALWAYS.

2:22:22PROBABLY WOULD NEED TO LOOK AT

2:22:24THEIR POLICY.

2:22:25>> IN TERMS OF.

2:22:25HOW LONG.

2:22:26UH, THE DEED RESTRICTION IS IN

2:22:28SOME OF THESE HOMES BECAUSE.

2:22:30>> THERE'S ONLY SO MUCH.

2:22:31>> I THINK THIS IS WHAT HE'S

2:22:32PROBABLY SAYING IS BUT THERE'S

2:22:33ONLY SO MUCH EQUITY YOU COULD

2:22:35ACTUALLY BUILD INTO THESE

2:22:36HOMES.

2:22:37UH, RIGHT.

2:22:37UM, BASED ON THE CURRENT

2:22:40POLICIES.

2:22:40UM, SO IF YOU ARE IF YOU ARE

2:22:43INTRODUCING UH A VERY LOW

2:22:45INTEREST LOAN WHERE A PROPERTY

2:22:47ALREADY HAS A DEED RESTRICTION

2:22:49WHERE YOU REALLY ARE NOT AS A

2:22:50NEW HOMEOWNER YOU'RE NOT

2:22:51BUILDING ANY EQUITY INTO THAT

2:22:54HOME.

2:22:54I THINK IT'S IT'S.

2:22:55WORTH LOOKING AT UM, THESE TWO

2:22:58THINGS, UM, JOINTLY TO FIGURE

2:23:01OUT.

2:23:02OKAY.

2:23:02HEY.

2:23:02DO WE IS THERE.

2:23:03AN OPPORTUNITY HERE TO ACTUALLY

2:23:06ACTUALLY REDUCE THE NUMBER

2:23:07OF YEARS ON THE DEED

2:23:09RESTRICTION SO THAT NEW HOME

2:23:11BUYER IS PAYING IS PAYING

2:23:13INTEREST ON THAT LOAN BUT ALSO

2:23:14HAVE AN OPPORTUNITY TO, UM,

2:23:16SELL THAT HOME UH, MUCH EARLIER

2:23:20UM TIME FRAME WITH THAT

2:23:21RESTRICTION OKAY.

2:23:26STEVE, UH.

2:23:27YOU KNOW, I WOULD JUST SAY

2:23:28GENERALLY UM YOU'VE YOU'VE

2:23:30ASKED A LOT TO ME A VERY

2:23:31INTERESTING QUESTION.

2:23:32I DON'T HAVE A PAT YES OR NO

2:23:34ANSWER UH, TO GIVE TO YOU I

2:23:36THINK YOU KNOW, I, I WOULD WANT

2:23:38TO THINK CAREFULLY ABOUT A

2:23:39COUPLE OF THINGS.

2:23:40THE DEED RESTRICTION OBVIOUSLY

2:23:41IS KEY.

2:23:42WOULDN'T WANT PEOPLE UTILIZING

2:23:44A SUBSIDIZED SOURCE OF FUNDING

2:23:46IN A IN A WAY THAT THE INTENT

2:23:49HERE IS TO HOUSE PEOPLE, NOT TO

2:23:50ALLOW THEM TO SPECULATE ON REAL

2:23:53ESTATE AND THAT BALANCE WOULD

2:23:54BE IMPORTANT.

2:23:56UM MORAL HAZARD ARE WE ARE WE

2:23:58LENDING TO YOU KNOW WE LENDING

2:23:59TO IT TO PEOPLE WHO ARE WHO ARE

2:24:02GOING TO BE ABLE TO PAY PAY THE

2:24:04LOAN BACK AND WHO MAKES WHO

2:24:06MAKES THAT DECISION AND MANAGES

2:24:07IT.

2:24:08UH, SO YOU KNOW, I THINK

2:24:09THERE'S SOME THERE'S SOME

2:24:10IMPORTANT QUESTIONS BUT I THINK

2:24:11IT'S A YOU KNOW, IT'S AN

2:24:14INTERESTING IDEA AND ONE THAT I

2:24:15WILL UH WE'LL GIVE SOME THOUGHT

2:24:16TO.

2:24:17OKAY.

2:24:19>> UM.

2:24:23>> LET ME LET ME ASK ONE ONE

2:24:25FINAL QUESTION AND MAYBE

2:24:27WHOEVER WHOEVER WANTS TO ANSWER

2:24:28IT BUT WITH RESIDENTIAL

2:24:33PROPERTY TAXES UP SIGNIFICANTLY

2:24:36OVER THE LAST SEVERAL YEARS,

2:24:39DOES THAT HAVE AN IMPACT ON

2:24:42BUILDING AFFORDABLE HOUSING,

2:24:45BUILDING HOUSING IN BOSTON AT

2:24:49ALL?

2:24:52TO YOU.

2:24:53>> GUYS YOU GUYS BUILD BUT I

2:24:55DON'T I DON'T HAVE A PATTY I

2:24:56DON'T HAVE A READY ANSWER YOU.

2:24:58GUYS BUILD SO I'LL DEFER TO

2:24:59YOU.

2:25:00YEAH SO I.

2:25:01>> BUILD I BOUGHT UH THE

2:25:03PREDOMINATELY PREDOMINANTLY

2:25:04NUMBER OF PROJECTS WE'VE BEEN

2:25:06BUILDING ARE HOMEOWNERSHIP

2:25:08PROJECTS I WOULD SAY NO.

2:25:09UM IT DOESN'T HAVE AN IMPACT.

2:25:11IT DOESN'T HAVE A HUGE IMPACT

2:25:13ON US.

2:25:13UM, BUT THEN AGAIN, IF YOU'RE

2:25:14DOING A LIGHT TECH DEAL OR UM,

2:25:17RENTAL DEAL UM, NOT THAT I'M

2:25:19NOT QUITE SURE UM, WHAT THAT

2:25:21IMPACT MIGHT BE.

2:25:22WELL THEN SO IF SOMEONE WAS TO

2:25:27RECEIVE A HOME FOR UH FOR

2:25:30WHATEVER WHATEVER WAY UM, TO

2:25:33THE CITY MAYBE THEY BOUGHT IT

2:25:35FOR $300,000.

2:25:39AND THEIR PROPERTY TAXES HAVE

2:25:40GONE UP, UH, SIGNIFICANTLY OVER

2:25:43THE LAST SEVEN YEARS.

2:25:45IS THAT A IS THAT A CONCERN?

2:25:47WELL, YOU MIGHT NOT YOU MIGHT

2:25:51BE PUTTING THAT FAMILY IN A

2:25:54PARTICULAR CHALLENGE AND SPOT

2:25:57TO PAY THE PROPERTY TAXES.

2:25:59NO.

2:26:00MAYBE THEIR SALARY IS 70

2:26:02$80,000 BECAUSE THEY WERE ABLE

2:26:04TO GET A LOAN OR ASSISTANCE

2:26:06BECAUSE OF THAT.

2:26:07IS THAT IS THAT SOMETHING

2:26:09THAT'S A CHALLENGE.

2:26:11POTENTIALLY YEAH I WOULD SAY UM

2:26:14IF YOU GUYS WANT TO CHIME IN

2:26:15YEAH POTENTIALLY YEAH I THINK

2:26:17THAT'S SOMETHING THAT UM ONE

2:26:19THAT FAMILY WOULD PROBABLY HAVE

2:26:21TO RUN THE NUMBERS AND US UM

2:26:24CITY AND YOU GUYS PROBABLY

2:26:27WOULD HAVE TO RUN THE NUMBERS

2:26:28IN TERMS OF UH $300,000.

2:26:30UM, HOW MUCH IS THAT INDIVIDUAL

2:26:32PAIN AND PROPERTY TAXES AND

2:26:34ALSO FACTOR IN THE COST

2:26:36OF LIVING UM, THAT HAS

2:26:39SIGNIFICANTLY GONE UP AS WELL

2:26:40AND SEEING OKAY IS IT A FAMILY

2:26:43MAKE AN X AMOUNT OF DOLLARS,

2:26:44DOES THAT ACTUALLY MAP OUT TO

2:26:48UH TO ACTUALLY AFFORD THAT?

2:26:49YEAH THE GOAL IS TO KEEP THAT

2:26:52FAMILY IN THAT HOUSE OR AS LONG

2:26:54AS POSSIBLE.

2:26:56UM YEAH.

2:26:57UH I CANNOT REALLY ANSWER

2:26:59BECAUSE I BUILT MULTIFAMILY SO

2:27:01LIKE YOU KNOW, AS PART

2:27:02OF AFFORDABLE HOUSING WE

2:27:03NEGOTIATE.

2:27:04UH A.

2:27:05TAX.

2:27:06UH UM ON TAXES WITH THE CITY

2:27:10FOR LIKE.

2:27:10>> YOU KNOW, FOR 15.

2:27:11YEARS FOR 30 YEARS.

2:27:12SO SO LIKE YOU KNOW.

2:27:14I DON'T THINK I HAVE.

2:27:15>> A GOOD HANDLE ON THAT IN

2:27:16CERTAIN.

2:27:17I MEAN, I WOULD SAY I WOULD SAY

2:27:19GENERALLY OBVIOUSLY WHEN

2:27:20TAXATION LEVELS GOES UP THAT

2:27:22CHALLENGES FOLKS UM.

2:27:24WHO WHO.

2:27:25HAVE HAVE LIMITED INCOME AND AS

2:27:27A RESIDENTIAL TAXPAYER MYSELF I

2:27:29FEEL THAT WHEN THE WHEN WHEN

2:27:30THE COST GOES UP UM YOU KNOW, I

2:27:33WOULD SAY THE CITY HAS PROGRAMS

2:27:35IN PLACE, THE RESIDENTIAL

2:27:36EXEMPTION WOULD BE YOU KNOW,

2:27:37WOULD BE THE FIRST ONE THAT

2:27:39COMES TO MIND TO PROVIDE SOME

2:27:41LEVEL OF OF RELIEF TO TO

2:27:44INDIVIDUALS IN THE SCENARIO

2:27:46THAT YOU PUT FORWARD.

2:27:48SO I THINK YOU KNOW, I, I THINK

2:27:50THAT'S A THAT'S A YOU KNOW

2:27:52THAT'S PROBABLY THE BEST ANSWER

2:27:54I CAN GIVE I DO I DO YOU KNOW,

2:27:56I FULLY AGREE AND EXPERIENCE IT

2:27:58PERSONALLY THAT IT IS

2:27:59CHALLENGING WHEN UH WHEN WHEN

2:28:01COSTS GO UP LIKE THAT.

2:28:03THANK YOU FOR TAKING MY

2:28:04QUESTIONS, MR CHAIR.

2:28:05UM, THANK YOU FOR GIVING ME AN

2:28:07EXTRA MINUTE.

2:28:07THANK YOU.

2:28:08UM, COUNCIL LOUIJEUNE.

2:28:10THANK YOU SO MUCH, MR CHAIR,

2:28:11AND THANK YOU TO THIS, UM,

2:28:13ESTEEMED PANEL FOR BEING HERE.

2:28:15UM, AND FOR YOUR COMMENTS.

2:28:16I GUESS I'LL START UH, WITH I

2:28:18GUESS A QUESTION FOR YOU,

2:28:18STEVE.

2:28:19I THINK YOU IT YOU UM THAT IS A

2:28:23QUESTION THAT I ASKED UH,

2:28:24DIRECTOR BROWN ON THE LAST

2:28:26PANEL BUT IT WAS ABOUT

2:28:27CAMBRIDGE AND I BELIEVE HOW

2:28:28CAMBRIDGE ALLOCATES 80%

2:28:30OF THEIR CPA FUNDING TOWARDS

2:28:33AFFORDABLE HOUSING.

2:28:34YES.

2:28:35>> AND HAVE THEY BEEN DOING

2:28:36THAT SINCE THE INCEPTION

2:28:38OF THEIR CPA?

2:28:40>> I DON'T KNOW THAT I'VE

2:28:40THOUGHT IN MY HEAD BUT I'M

2:28:41HAPPY TO UH I'M HAPPY TO TRACK

2:28:43THAT DOWN.

2:28:43>> THAT'S WHY I ASKED ABOUT THE

2:28:44DATE BECAUSE I THINK THAT IT I

2:28:46THINK I MEAN IT WAS A LEADING

2:28:48QUESTION BUT I THINK THE ANSWER

2:28:49IS YES.

2:28:50OKAY.

2:28:50AND I THINK THAT IT'S I THINK

2:28:51THAT'S AN IMPORTANT THING TO TO

2:28:53KNOW BECAUSE LIKE WE'RE SAYING

2:28:56IN MANY ITERATIONS RIGHT ONCE

2:28:57COMMUNITY IS LIKE THEY KNOW

2:28:59WHAT THIS IS WHAT IT IS.

2:29:01UM AND WE JUST DID FROM THE

2:29:02BEGINNING AND THIS IS ONE IT'S

2:29:03BEEN FROM THE BEGINNING AND

2:29:03TWEAKING THAT TO REDUCE WHAT

2:29:06OTHER GROUPS WHAT OTHER CAUSES

2:29:08ESPECIALLY WHEN I BELIEVE

2:29:10PEOPLE SEE THEMSELVES IN DEEP

2:29:12COALITION WITH EACH OTHER AND

2:29:13NOT SORT OF COMPETING WITH ONE

2:29:14ANOTHER FROM THE OUTSET SORT

2:29:16OF THE.

2:29:18UH THE TRADE OFFS IN SORT

2:29:20OF MAKING CHANGES I SEE LIKE IN

2:29:22THE FROM THE VERY BEGINNING

2:29:23THOSE WHO HAVE HAD AND I DON'T

2:29:24KNOW IF THEY'RE OTHER CITIES

2:29:25AND IF YOU DO KNOW PLEASE LET

2:29:26ME KNOW OTHER CITIES THAT HAVE

2:29:28HIGHER ALLOCATIONS THAN 50% UM

2:29:31AND WHETHER THEY'D HAVE THAT.

2:29:32SO I THINK THAT'S JUST LIKE A

2:29:33GOOD IT'S A BOTH LIKE A POLICY

2:29:35AND A POLITICS THING TO

2:29:36CONSIDER AS WELL.

2:29:38UM I ALSO WANT TO UPLIFT WHAT

2:29:40HILLARY STATED IN TERMS OF YOU

2:29:43KNOW, THIS IS AN IMPORTANT

2:29:45CONVERSATION AND AND I THINK

2:29:47SOMEONE SAID IT PRIOR LIKE LIKE

2:29:50WE ARE SEARCHING HIGH AND LOW

2:29:52FOR MORE FUNDING AND SO

2:29:56FRUSTRATIONS OF NOT BEING ABLE

2:29:57TO GET THAT MORE FUNDING THEN

2:29:59LEADS US TO LIKE HOW CAN WE

2:30:00TRANSLATE THIS PIE WHEN WE WANT

2:30:03A BIGGER PIE?

2:30:04AND THERE HAVE BEEN MECHANISMS

2:30:06FOR US TO GET THAT BIGGER PIE

2:30:08WITH THE TRANSFER FEE LED HERE

2:30:11BY COUNCILOR FORMER

2:30:12COUNCILOR JANEY, FORMER

2:30:13COUNCILOR EDWARDS FROM A

2:30:14COUNCIL ROOM AND WE'VE BEEN SO

2:30:16CLOSE AT CERTAIN POINTS AND

2:30:17THEN IT'S BEEN YANKED AWAY OUR

2:30:19ABILITY TO AND NOT JUST FOR THE

2:30:21CITY OF BOSTON FOR OTHER CITIES

2:30:24ACROSS THE RIGHT AND EVEN IF

2:30:26WE'RE TALKING ABOUT THESE

2:30:27SHIFTS HERE COMPARATIVELY TO

2:30:28WHAT THE TRANSFER FEE COULD DO

2:30:29FOR THE CITY, WE'RE TALKING

2:30:30ABOUT SHIFTS THAT WOULD BE LIKE

2:30:32RELATIVELY MAYBE A FEW MILLION

2:30:34DOLLARS MORE.

2:30:35BUT WHEN WE COULD GET FROM THE

2:30:36TRANSFER FEE A MINIMUM OF $50

2:30:39MILLION FROM WHAT THE RESEARCH

2:30:40HAS SHOWN UP TO A HUNDRED

2:30:41MILLION A YEAR IN AFFORDABLE

2:30:42HOUSING, WHICH WOULD BE

2:30:43TRANSFORMATIVE, WHICH WOULD DO

2:30:45THE WORK OF I THINK I HEARD YOU

2:30:47DONALD ALEXIS AND I KNOW I'VE

2:30:48BEEN AT MEETINGS WITH YOU WHERE

2:30:50PEOPLE HAVE SEEN THE AM EYES

2:30:51AND LIKE WHO WOULD DO THIS THAT

2:30:53SERVE WE NEED DEEPER ALLIES AND

2:30:56YOU DO THAT WITH MORE FUNDING

2:30:57AND MORE MONEY.

2:30:58SO I MEAN I'D LOVE US TO SEE US

2:31:01THINK ABOUT LIKE IN THESE

2:31:03MOMENTS AND ESPECIALLY IN THE

2:31:04NIGHT AND ESPECIALLY IN THESE

2:31:05MOMENTS OF FEDERAL CHALLENGE,

2:31:06WHAT ARE THE IDEAS AROUND

2:31:09GENERATING MORE REVENUE TO DO

2:31:10THIS WORK?

2:31:11UM, THIS I MEAN TRANSFER FEE

2:31:13WAS PART OF THE CONVERSATION

2:31:14BEFORE COVID DURING COVID AND

2:31:16CONTINUES AFTERWARDS AND MANY

2:31:17MUNICIPALITIES HAVE BEEN

2:31:18ADVANCING EITHER THEIR OWN

2:31:20LEGISLATION OR UM, A STATEWIDE

2:31:22BILL THAT WOULD ALLOW FOR A

2:31:23LOCAL OPTION.

2:31:24SO I JUST DON'T WANT US TO LOSE

2:31:25SIGHT OF THE FOREST FOR THE

2:31:27TREE WHATEVER THAT THING IS.

2:31:28I'M NOT GOOD AT THEM BUT LIKE

2:31:30WE NEED BIGGER PIES.

2:31:32UM, AND YOU KNOW, FRANK O'BRIEN

2:31:33MENTIONED AND WE'RE STILL DOING

2:31:35SOME WORK BUT THE

2:31:35ADMINISTRATION HAS TAKEN SOME

2:31:37OF THAT ABOUT SORT OF ARE WE

2:31:39MAXIMIZING OUR BORROWING

2:31:40CAPACITY AND THERE'S MORE WORK

2:31:41THAT WE NEED TO DO THERE.

2:31:42BUT WHEN YOU LOOK AT SORT

2:31:43OF HOW THEY'RE UM.

2:31:46YOU KNOW, WHAT WE'RE DOING IN

2:31:48TERMS OF DEBT SERVICE AND HOW

2:31:49WE'RE PAYING THINGS BACK, I

2:31:50THINK IT'S AN ACKNOWLEDGMENT

2:31:51THAT WE NEED TO BE UM WE NEED

2:31:54TO THINK ABOUT HOW WE ARE

2:31:55SPENDING THE MONEY THAT WE

2:31:56HAVE, UM, WHILE NOT GIVING UP

2:31:58ON HOW WE CREATE NEW PATHS

2:31:59OF REVENUE.

2:32:00SORRY I'M NOT I JUST WANTED TO

2:32:01PUT THAT OUT THERE BECAUSE I

2:32:02THINK IT'S REALLY IMPORTANT

2:32:03LIKE WE ARE AT THE END OF THE

2:32:05DAY HAVING CONVERSATIONS ABOUT

2:32:07LIKE HOW ARE WE INCREASING THE

2:32:08REVENUE THAT WE'RE GETTING IN

2:32:09AND THERE ARE OPTIONS THAT ARE

2:32:10ON THE TABLE IN WAYS I THINK WE

2:32:11JUST WE NEED TO BE THOUGHTFUL

2:32:12ABOUT HOW WE ADVOCATE FOR

2:32:13WHAT'S POSSIBLE.

2:32:14UM, I, I GUESS I HAVE UH, A

2:32:19QUESTION FOR ADLER AND DONALD.

2:32:22UM, ONE OF THE THINGS THAT WAS

2:32:23INTERESTING FROM THE FORMER

2:32:25PANEL I DON'T NECESSARILY KNOW

2:32:26IF IT FROM SOME OF THE ADVOCACY

2:32:27WAS LIKE FOR PARKS AND FOR OPEN

2:32:30FOR OPEN SPACE AND FOR HISTORIC

2:32:32PRESERVATION.

2:32:32THERE ARE ONLY THESE CERTAIN

2:32:33POTS OF MONEY THAT THEY CAN GET

2:32:36MONEY FROM UM, WHICH I BELIEVE

2:32:38IS TRUE BECAUSE THERE'S

2:32:39PROBABLY NOT THE SAME LEVEL

2:32:40OF SPONSORSHIP, THAT SAME LEVEL

2:32:42OF UM.

2:32:44UM APPLICATIONS TO SUPPORT

2:32:46THEIR WORK WHEREAS LIKE THERE

2:32:47ARE EVEN THOUGH LIKE SOME

2:32:49OF THE MONEY HAS DRIED UP THERE

2:32:50ARE MORE SOURCES OF FUNDING FOR

2:32:53AFFORDABLE HOUSING.

2:32:55UM AND JUST WANTED TO SORT

2:32:57OF GET YOUR TAKE ON THAT

2:32:58ARGUMENT THAT YOU KNOW, YOU

2:32:59HAVE YOU COULD HAVE LIKE TAC

2:33:01YOU COULD HAVE UM YOU HAVE CPA

2:33:04I MEAN THERE ARE THERE ARE

2:33:05OTHER FORMS OF OF TAX

2:33:08INCENTIVES FOR AFFORDABLE

2:33:09HOUSING.

2:33:10SO I MEAN MAYBE IT LOOKS

2:33:11DIFFERENT NOW I KNOW THAT THERE

2:33:13ARE THERE ARE PROGRAMS THAT

2:33:14HAVE ENDED BUT THERE ARE JUST

2:33:15MORE SOURCES OF FUNDING

2:33:16COMPARED TO PEOPLE WHO ARE

2:33:17TRYING TO DO WORK IN OPEN SPACE

2:33:20OR IN HISTORIC PRESERVATION.

2:33:23UM, I THANK YOU FOR THE

2:33:24QUESTION UM A CONCLUSION SO

2:33:26WHAT I WOULD SAY YES MIGHT BE

2:33:29MORE SOURCES FOR UH FOR FOR

2:33:31AFFORDABLE HOUSING BUT ALSO

2:33:33IT'S UH BEEN IN THE CITY OF UM

2:33:36BEEN IN MASSACHUSETTS, THE CITY

2:33:39OF BOSTON IT IS A VERY

2:33:41EXPENSIVE PLACE TO BUILD.

2:33:42YEAH.

2:33:43YOU KNOW.

2:33:43IN TERMS OF UM, OUTSIDE FACTORS

2:33:47THAT WE DON'T CONTROL LIKE

2:33:48CONSTRUCTION COST IS VERY

2:33:49EXPENSIVE LAND COSTS, YOU KNOW,

2:33:50BORROWING COSTS AND UH, ALL

2:33:55THOSE MAKE IT EXTREMELY

2:33:57DIFFICULT FOR A DEVELOPER LIKE,

2:33:59YOU KNOW, UH UM.

2:34:01I DO I AGREE LIKE, YOU KNOW, IF

2:34:03I'M DOING A PARK THERE'S ONLY

2:34:04ONE SOURCES THEN I HAVE MORE

2:34:07WAYS TO USE WHAT I HAVE.

2:34:09YEAH.

2:34:10>> YOU KNOW, BUT IN THE CITY

2:34:11OF BOSTON THE CITY OF BOSTON

2:34:12HAS THEIR OWN A ZONING

2:34:14REGULATION WITH SUSTAINABILITY

2:34:16.

2:34:16AND THEN WHEN YOU GO TO THE

2:34:17STATE THEY HAVE THEIR OWN

2:34:18REGULATION.

2:34:18SO WE FACING MORE.

2:34:21YEAH THAT'S THAT SORT OF WASN'T

2:34:22EVEN A GOOD QUESTION BECAUSE I

2:34:24KNOW THAT THE ANSWER IS YES.

2:34:25YOU ALL HAVE MULTIPLE SOURCES

2:34:26BUT IT'S A LOT MORE EXPENSIVE

2:34:27AND IT'S A LOT HARDER AND THE

2:34:29MONEY IS DRYING UP.

2:34:30SO I JUST WANTED TO POINT OUT

2:34:31SORT OF WHAT I THINK I THINK

2:34:33WAS A RELEVANT POINT THAT FOLKS

2:34:34ARE MAKING THAT THEY HAVE FEWER

2:34:35SOURCES.

2:34:36UM, YOU HAVE MORE SOURCES BUT

2:34:39IT'S CYCLICAL AND FUNDING IS

2:34:41NEVER CERTAIN AND YOUR PROJECTS

2:34:43ARE A.

2:34:43LOT MORE EXPENSIVE.

2:34:44ABSOLUTELY.

2:34:45>> YEAH.

2:34:45YEAH.

2:34:46UM I THINK UM KIND OF HIT THE

2:34:48NAIL RIGHT ON THE HEAD IN TERMS

2:34:50OF UH YOU STARTED YOUR FRAMING

2:34:51YOUR QUESTION IN TERMS OF DEEP

2:34:54AFFORDABILITY, HOW DO YOU

2:34:55ACHIEVE AFFORDABILITY WHEN COST

2:34:59TO BUILD IS UP HERE?

2:35:00RIGHT.

2:35:01>> YOU HAVE TO BE ABLE TO FILL

2:35:02THE GAP WITH SUBSIDIES.

2:35:04THAT'S THE ONLY WAY TO BE ABLE

2:35:06TO GIVE FAMILIES WHO NEED IT

2:35:08THE MOST YOU OPPORTUNITY TO OWN

2:35:10.

2:35:10>> OWN A HOME.

2:35:11UM AND THAT'S IN THE SUBSIDY

2:35:13BRIDGES THAT GAP YEAH.

2:35:15SO PLUS OPERATING COSTS ALSO

2:35:17LIKE OPENING COSTS WE DON'T

2:35:18EVEN TALK ABOUT IT YOU KNOW

2:35:19LIKE UH IT'S IT'S COSTING

2:35:21ALMOST 13,000 A YEAR TO UH TO

2:35:26RUN YOUR UNIT, YOU KNOW, I MEAN

2:35:27SO IT MIGHT BE TO UM TO 11 TO

2:35:3013 BUT I DON'T WANT TO PUT THEM

2:35:31ON BROADWAY TO GET PEOPLE TO

2:35:32QUESTION IT.

2:35:33BUT IT IT IS VERY EXPENSIVE

2:35:34LIKE TO RUN YOUR UM YEAH A TO

2:35:36ONE EVERY UNIT.

2:35:37SO YOU CAN'T MAKE TWO VERY

2:35:39SMALL LIKE ONE IS A ONE IS LIKE

2:35:41I THINK ADLER OR SOMEONE UH

2:35:43SOMEONE UPLOAD I THINK IT WAS

2:35:44HILLARY AS WELL.

2:35:45WELCOME HOME BOSTON FANTASTIC

2:35:47FANTASTIC AT BUILDING ALSO A

2:35:49PIPELINE OF DEVELOPERS OF COLOR

2:35:50WHO GET THESE CONTRACTS AND

2:35:52THEY'VE BEEN ABLE TO BUILD UP

2:35:53TO BIGGER CONTRACTS AND

2:35:54BUILDING BIGGER UNITS.

2:35:55SO I THINK IT'S AWESOME AND I

2:35:57DO WANT TO MAKE SURE THAT WE

2:35:58HAVE MONEY GOING INTO THAT

2:35:59AGAIN TRANSFER FEE AND OTHER

2:36:00MECHANISMS I THINK ARE

2:36:01IMPORTANT.

2:36:02UM AND THEN WHERE DOES FOR FOR

2:36:05DONALD AND FOR ADLER WHERE DOES

2:36:07EPA RANK IN TERMS OF YOUR LIKE

2:36:10DEPENDENCY ON FUNDING FOR

2:36:13PROJECT LIKE IS IT THE FIRST

2:36:14PLACE I MEAN I KNOW IT'S I

2:36:16CAN'T BE THE FIRST PLACE THAT

2:36:17YOU GO BUT LIKE IS AND IS IT

2:36:18EVER BUT FOR HAVE YOU EVER NOT

2:36:20BEEN ABLE TO DO A PROJECT

2:36:21BECAUSE OF CPA FUNDING LIKE I'M

2:36:23JUST TRYING TO UNDERSTAND SORT

2:36:24OF LIKE THE PRIORITY AND AND I

2:36:26KNOW THAT YOU'RE GOING TO SAY

2:36:27OH IT'S DIRE WE NEED IT.

2:36:28BUT LIKE I'M JUST TRYING TO

2:36:30UNDERSTAND SORT OF WHERE IT

2:36:32STANDS FOR YOU AND YOUR THE

2:36:33ALPHABET SOUP OF FINANCING THAT

2:36:35PUTS TOGETHER YOUR AFFORDABLE

2:36:36HOUSING PROJECT LIKE WHERE IS

2:36:38CPA IN TERMS OF YOUR

2:36:39DEPENDENCIES LIKE SOMEWHERE IN

2:36:41THE MIDDLE IS IT LIKE HIGHER UP

2:36:42IS IT TOWARDS YOU KNOW.

2:36:43>> I WOULD SAY IT FOR ME IT'S

2:36:44HIGH UP.

2:36:46SO AGAIN.

2:36:47>> WE.

2:36:47BUILD UM HOMEOWNERSHIP.

2:36:48PROJECTS WHICH IS AT THE CORE

2:36:50OF OUR MISSION AND GIVING

2:36:51PEOPLE OPPORTUNITIES TO BUILD

2:36:54EQUITY.

2:36:54AND TO DEAN KIND.

2:36:56>> OF.

2:36:57UM MENTIONED IT IN HER

2:36:58PRESENTATION WHERE UM, EMMA H

2:37:02RELIES ON UM SHE REALLOCATE

2:37:05CERTAIN FUNDS TO M0 H TO THEN

2:37:07DISTRIBUTE FOR THESE

2:37:09HOMEOWNERSHIP PROJECTS.

2:37:10SO IT'S IT'S A BIG DEAL.

2:37:11YEAH IT'S A BIG DEAL FOR US

2:37:12ESPECIALLY NOW AGAIN I

2:37:14MENTIONED THAT MASS HOUSING

2:37:16FUNDS COMMONWEALTH BUILDER

2:37:18FARMS OR HAVE DRIED UP NOW IT'S

2:37:20EVEN HARDER RIGHT SO IF IF I'M

2:37:24A SHE DOESN'T HAVE THE

2:37:25SUBSIDIES TO PROVIDE FOR A DEEP

2:37:27AFFORDABILITY OF 80 TO 100% AM

2:37:30I UH RIGHT NOW WE HAVE A

2:37:31PROJECT THAT WE'RE BUILDING

2:37:32WITH UM EMMA WHICH WE'RE DOING

2:37:36135% IN AM I, UM, WITHOUT THEM

2:37:38PROVIDING ANY SUBSIDIES.

2:37:39BUT NOW.

2:37:42FOR A FAMILY THAT CANNOT FIT IN

2:37:45THOSE THAT 135 OF 150% AM I

2:37:49THAT REALLY IS IN THE 60% AMI

2:37:52NOW THESE PEOPLE ARE BEING LEFT

2:37:54OUT OF THAT OPPORTUNITY TO OWN

2:37:56THEIR OWN.

2:37:57UM SO IT'S A BIG DEAL.

2:38:00THANK YOU.

2:38:03>> OF COURSE.

2:38:03THANK YOU.

2:38:07UH, I'LL GIVE MYSELF SOME TIME.

2:38:09UM, WANTED TO ASK ASK YOU ABOUT

2:38:13SOMETHING THAT

2:38:13COUNCIL LOUIJEUNE BROUGHT UP

2:38:14WHICH WAS THIS THE CITY'S KPIS

2:38:17POSSIBILITY ABOUT THE BORROWING

2:38:19POWER THAT WE MAY HAVE.

2:38:21UM, STEVE, YOU I THINK YOU

2:38:23ALLUDED IT AT THE BEGINNING

2:38:24OF YOUR OF YOUR SPEAKING BUT

2:38:26WHAT OPTIONS DO WE HAVE?

2:38:27HOW DOES THAT WORK?

2:38:28I'M ACTUALLY NOT TOO FAMILIAR

2:38:29WITH WITH THAT.

2:38:30DO OTHER MUNICIPALITIES DO

2:38:32THAT.

2:38:32I'M NOT I'M NOT FAMILIAR WITH

2:38:35ANY OTHER MUNICIPALITY THAT.

2:38:36DOES UM I THINK YOU KNOW

2:38:39THERE'S AN IMPLICATION THAT

2:38:40COMES UP OBVIOUSLY IF YOU COULD

2:38:42BORROW AGAINST THAT STREAM

2:38:44OF INCOME AND I'M SPEAKING VERY

2:38:45HYPOTHETICALLY, UM, THERE

2:38:47BECOMES A TIMING ISSUE, RIGHT?

2:38:48THAT SORT OF THE DECISIONS IF

2:38:50ONE BORROWS AGAINST THE STREAM

2:38:52OF INCOME OVER SOME PERIOD

2:38:54OF YEARS.

2:38:55SORT OF.

2:38:56>> THIS COUNCIL AT THIS MOMENT

2:38:57IN TIME OR THE CPC AT THAT

2:38:59MOMENT IN TIME IS MAKING THE

2:39:01INVESTMENT DECISIONS AND

2:39:01THEY'RE POTENTIALLY VERY LARGE

2:39:04DECISIONS.

2:39:04IS THAT FROM A POLICY

2:39:06PERSPECTIVE IS THAT THE OUTCOME

2:39:07YOU WANT?

2:39:08IS THAT MORE EQUITABLE THAN

2:39:10HAVING SORT OF DECISIONS THAT

2:39:12ARE MADE EVERY YEAR AS THE CPC

2:39:14AND THE COUNCIL AND THE CITY

2:39:17BODY POLITIC EVOLVES OVER TIME,

2:39:19IS IT BETTER TO SORT OF LET

2:39:21EVERYONE MAKE A SERIES

2:39:23OF SMALLER DECISIONS OR TO HAVE

2:39:25THE DECISIONS MADE ALL AT ONCE

2:39:26?

2:39:27I THINK YOU KNOW, I, I DON'T

2:39:30HAVE A ONE IS BETTER THAN THE

2:39:31OTHER ANSWER.

2:39:32I THINK IN SOME CASES, YOU

2:39:33KNOW, IN SOME CERTAIN POLICY

2:39:36AREAS I THINK I WOULD THINK

2:39:38MORE DEEPLY I KNOW THE BOSTON

2:39:40SCHOOL BUILDING AUTHORITY IS

2:39:41GOING TO COME UP LATER UH,

2:39:43LATER IN THE CALENDAR.

2:39:44YOU KNOW, I THINK THAT'S ONE

2:39:45WHERE YOU I THINK A LITTLE BIT

2:39:47DIFFERENTLY ABOUT SORT

2:39:49OF MAKING A LARGE SERIES

2:39:51OF DECISIONS AND INVESTMENTS

2:39:53WHEREAS YOU KNOW, I THINK WITH

2:39:55THE WITH THE CPA AT FIRST BLUSH

2:39:58I'M I'M NOT I'M NOT SURE THAT'S

2:40:00THE WAY TO GO BUT I THINK

2:40:01THAT'S AGAIN THAT'S A POLICY

2:40:02DISCUSSION.

2:40:03GOTCHA I APPRECIATE THAT I

2:40:05THINK AND JUST WORTH LOOKING

2:40:07INTO UM AS WE ARE TRYING TO SEE

2:40:10HOW DO WE INCREASE FUNDING FOR

2:40:12EVERYTHING ON THE CITY HONESTLY

2:40:14UM QUESTION FOR DONALD IN UM

2:40:18I'M SO SORRY ON THE UM ADLER.

2:40:22ADLER.

2:40:23>> YES.

2:40:23>> SORRY.

2:40:23IT'S BEEN A LONG IT'S BEEN A

2:40:24LONG MORNING.

2:40:25UM, WHEN IT COMES TO GRANTS AND

2:40:28APPLYING FOR GRANTS, OBVIOUSLY

2:40:29THE CPA IS ONE OF THEM THAT YOU

2:40:32HEAVILY RELY ON.

2:40:34BUT I'M CURIOUS, UM, HOW MANY

2:40:36OTHER OPPORTUNITIES ARE ARE OUT

2:40:38THERE?

2:40:38UM, ESPECIALLY IF WITH STATE

2:40:41GRANTS HOW COMPLICATED IS IT?

2:40:43JUST WANT TO GET THE

2:40:44PERSPECTIVE I DON'T THINK

2:40:45OF YOU KNOW, TO ASK YOU TO

2:40:46ABOUT THIS BEFORE.

2:40:47HOW COMPLICATED IS IT TO GET

2:40:49THOSE GRANTS?

2:40:51UM DO YOU WANT TO START.

2:40:52DOING THERE?

2:40:54WELL.

2:40:54.

2:40:55UH UM.

2:40:57IT IS FOR US LIKE OUR FIRST

2:40:59APPLICATION FOR FUNDING GO TO

2:41:00OUR MORTGAGE.

2:41:01THIS IS WHERE YOU GET, UH,

2:41:03NEIGHBORHOOD HOUSING TRUST

2:41:04FUND.

2:41:05YOU GOT, UH, CPA AND YOU HAVE,

2:41:08UH, INCLUSION ZONING FUNDS.

2:41:10ALL THOSE ARE YOU PUT ONE.

2:41:11APPLICATION UM, IT IS IN IT IS

2:41:15QUITE A BIT OF WORK, YOU KNOW,

2:41:16TO PUT THE APPLICATION IN AND

2:41:18THEN IF YOU GET FUNDED FOR ALL

2:41:20LIGHT TECH DEALS THEN YOU GO TO

2:41:24UM EXECUTIVE OFFICE OF HOT

2:41:27EXECUTIVE OFFICE HOUSING

2:41:28LIVABLE COMMUNITIES HLC YOU GO

2:41:30THERE ALSO THERE'S ONE

2:41:31APPLICATION ONE BIG APPLICATION

2:41:33FOR ALL THE STATE RESOURCES AND

2:41:37TO GET THE FEDERAL 9% OR 4%

2:41:40QUICK, YOU KNOW TWO YOU GO TO

2:41:42TWO PLACES OKAY.

2:41:43BUT I WANT TO WORK IN AN

2:41:45INVESTMENT.

2:41:46SO LIKE YOU KNOW UM.

2:41:47JUST TO TAKE AN EXAMPLE FOR YOU

2:41:49TO GO THAT YOU SPENT PROBABLY

2:41:50LIKE WOEFULLY OVER 120,000 JUST

2:41:55TO GET INTO THE FUNDING.

2:41:57WELL YEAH.

2:41:58BECAUSE YOU UM YOU HAVE TO DO

2:42:00SIGNIFICANT AMOUNT OF WORK TO

2:42:01SHOW THAT YOUR PROJECT IT'S

2:42:03IT'S NOT AT THE LEVEL THAT THE

2:42:05CITY CAN AGAIN SEE IT.

2:42:07YOU HAVE A PROJECT WHEN YOU GO

2:42:08TO THE STATE YOU HAVE TO BE

2:42:09ALMOST READY TO GO BECAUSE THEY

2:42:12WANT TO FUND YOU AND THEN YOU

2:42:13SPEND THE NEXT FEW YEARS EVEN

2:42:15THOUGH WHEN YOU GET FUNDED IT'S

2:42:16STILL TAKE TIME TO CLOSE.

2:42:18BUT YOU HAVE TO SHOW THAT YOUR

2:42:19PROJECT IS READY TO GO.

2:42:20SO OKAY.

2:42:21YEAH YEAH SO I WOULD ECHO WHAT

2:42:23HE SAYS UM AS FAR AS LIKE UM

2:42:27HOMEOWNERSHIP PROJECTS

2:42:28OBVIOUSLY.

2:42:28THE THE APPLICATION PROCESS IS

2:42:31PRETTY STRAIGHTFORWARD WORKING

2:42:32WITH THE CITY UM IF YOU'VE DONE

2:42:34IT BEFORE UM BUT AS A NEW

2:42:35DEVELOPER IT COULD BE A LITTLE

2:42:37BIT CUMBERSOME AND UM, TIME

2:42:40CONSUMING TO PUT IT TOGETHER.

2:42:42UM, BUT UM TO HIS POINT, UM,

2:42:46THE LIKE APPLYING FOR LIKE TECH

2:42:48IS A COMPLETELY DIFFERENT

2:42:49ANIMAL.

2:42:49UM, AND THIS IS AN AREA THAT MY

2:42:52COMPANY IS GROWING INTO UH, TO

2:42:54DO UM LIKE TECH DEALS AND

2:42:57OBVIOUSLY THERE'S SPECIALTY

2:42:58CONSULTANTS BUT THAT'S NOT

2:42:59SOMETHING WE WOULD TAKE ON ON

2:43:00OUR OWN TO DO THAT APPLICATION

2:43:02TO MAKE SURE WE'RE POSITIONING

2:43:04OURSELVES UM, TO ACTUALLY GET

2:43:06IN THE FUNDING ROUND.

2:43:08SO WE'RE GOING TO BE REACHING

2:43:09OUT TO CONSULTANTS THAT THAT

2:43:11SPECIALIZE IN THAT.

2:43:12SO I'VE HEARD IT'S VERY IT'S

2:43:13VERY CUMBERSOME OKAY.

2:43:15YEAH I'M I WAS CURIOUS ABOUT

2:43:17PERMITTING IN GENERAL AND AND

2:43:20THE GRANT PROCESS AND

2:43:21EVERYTHING THAT YOU GUYS GO

2:43:22THROUGH.

2:43:22UH I KNOW THAT THAT IN ITSELF

2:43:24COULD TAKE A WHILE AND EVEN

2:43:26JUST TO TO BE ABLE TO GET THE

2:43:27PERMITS FOR YOUR BUILDING EVEN

2:43:28IF YOU GET THE GRANTS COULD

2:43:30DELAY YOUR PROJECT FROM AFAR.

2:43:32SO, UM I ALWAYS TRY TO KEEP AN

2:43:34EYE ON THAT.

2:43:35SO THANK YOU FOR FOR GIVING

2:43:36ME THAT PERSPECTIVE FROM FROM

2:43:37YOU FROM YOUR SIDE.

2:43:39YEAH.

2:43:39>> AND IF I MAY ASK, A LOT

2:43:41OF TIMES PART OF YOUR

2:43:42APPLICATION IS TO SHOW THAT

2:43:43YOUR PROJECT.

2:43:44ALREADY GOT.

2:43:46UM PDF APPROVAL OR UH, OSBT.

2:43:49REJECTION.

2:43:50>> SO LIKE YOU KNOW THAT.

2:43:51>> YOU READY TO GO SO THAT

2:43:53PROCESS ON IS ON ALSO YOU HAVE

2:43:54TO BE ABLE TO TAKE ON THAT

2:43:56PROCESS YOU KNOW EARLY ON TO

2:43:58GET IT DONE AS YOU GO.

2:44:00AND BECAUSE THAT'S ONE OF THE

2:44:00QUESTIONS YOU HAVE TO ANSWER IF

2:44:03YOU'RE PROPOSING 40 UNITS IS IT

2:44:05REALLY 40 MINUTES BECAUSE YOU

2:44:06HAVEN'T GET APPROVAL?

2:44:07YOU DON'T KNOW WHAT IT IS THAT

2:44:09YOU KNOW SO YOU MIGHT NOT BE

2:44:10ABLE GET FUNDED.

2:44:11SO UH OKAY SO OKAY THAT THAT

2:44:14EXPLAINS A LOT OF THE PLANNING

2:44:15DEPARTMENT PROJECTS THAT I'VE

2:44:16SEEN GO.

2:44:17>> THROUGH OKAY.

2:44:17YES.

2:44:18>> THANK YOU FOR THAT.

2:44:19UM, I APPRECIATE THE THREE

2:44:21OF YOU FOR BEING HERE AND

2:44:22THAT'S IT FOR ME FOR QUESTIONS

2:44:23I DO.

2:44:23WANT TO.

2:44:24>> ASK COUNCIL.

2:44:24WELL, THIS FOLLOW UP I'M JUST

2:44:26LOOKING AT YES I'M JUST GOING

2:44:29TO GIVE YOU TIME.

2:44:30ALL RIGHT.

2:44:30THANK YOU.

2:44:31>> UM I'LL START.

2:44:33WITH HILLARY.

2:44:35UM HOW MUCH HOW MUCH WOULD IT

2:44:36COST TO FULLY RESTORE?

2:44:38I THINK YOU SAID THE ONE PLUS.

2:44:41MORTGAGE OR UH, ALL OF.

2:44:43>> YOUR PROGRAM SO YOU COULD

2:44:44GIVE ME A BREAKDOWN FOR EACH.

2:44:47I CAN GET YOU A MORE DETAILED

2:44:50ANSWER.

2:44:51UM, BUT I THINK IT'S AROUND THE

2:44:5410 MILLION MARK.

2:44:55UM, TOTAL FOR THE, UH, JUST THE

2:45:03STRAIGHT UP DOWN PAYMENT

2:45:04OF PROGRAM THE ONE PLUS BOSTON.

2:45:06BUT I WOULD DEFINITELY GET BACK

2:45:07TO YOU WITH AN EXACT BREAKDOWN

2:45:09OF HOW MUCH EACH THING.

2:45:12UM.

2:45:12>> WOULD COST.

2:45:14IT ALSO DEPENDS.

2:45:14WE'VE HAD A SIGNIFICANT DROP IN

2:45:17THE NUMBER OF ONE PLUS BOSTON

2:45:19BORROWERS THIS YEAR.

2:45:20SO OBVIOUSLY THE THE TOTAL

2:45:23SPEND SPEND IS HOW MUCH PER

2:45:25BORROWER AND THEN WITHIN THAT

2:45:28UM HOW MANY BORROWERS ARE

2:45:29FUNDING UM I'M TOLD WE HAD KIND

2:45:32OF A DIP IN THE NUMBER

2:45:34OF AFFORDABLE HOMEOWNERSHIP

2:45:35UNITS COMING ONLINE IN THE PAST

2:45:37CALENDAR YEAR AND THAT SOME

2:45:40MORE OF THOSE ARPA UNITS ARE

2:45:41GOING TO BE COMING ONLINE.

2:45:43SO I'LL FACTOR ALL THAT IN WHEN

2:45:45I GET BACK TO YOU.

2:45:46THANK YOU.

2:45:47AND I DO GET SCARED WHEN I HEAR

2:45:49MY AFFORDABLE HOMEOWNERSHIP

2:45:50DEVELOPER UH SAYING THAT HE'S

2:45:52MOVING TO LATEX I SOUNDS LIKE

2:45:54HE'S MOVING INTO RENTAL HOUSING

2:45:57AND I WONDER IF THAT UH,

2:46:00BECAUSE OF, UM, THE SUBSIDIES

2:46:02UH, OR THE LACK OF UH, FUNDING

2:46:05AND LIKE IS IS IT ARE WE

2:46:08INCENTIVIZING WHAT THIS

2:46:11INCENTIVIZING, UH, THE CREATION

2:46:13OF AFFORDABLE HOMEOWNERSHIP

2:46:15BECAUSE OF THE LACK OF FUNDING

2:46:17SOURCES THAT ARE OUT THERE?

2:46:18NO, ABSOLUTELY.

2:46:20YOU YOU'RE ABSOLUTELY CORRECT.

2:46:22UH, THE LACK OF FUNDING MAKES

2:46:24IT VERY, VERY DIFFICULT TO

2:46:25BUILD AFFORDABLE HOMEOWNERSHIP

2:46:27PROJECTS.

2:46:28PERIOD PERIOD.

2:46:29UM, IF THERE'S NO FUNDING TO,

2:46:33UM FILL IN THAT GAP BETWEEN THE

2:46:35COST OF BUILD, IT'S VERY

2:46:37DIFFICULT TO SAY HEY, YOU'RE

2:46:39SPENDING UH, NOT THE ROUGH

2:46:40NUMBERS.

2:46:41ARE YOU SPENDING $1 MILLION TO

2:46:43BUILD AND YOU'RE TO SELL THE

2:46:45HOUSE AT 400,000 IF YOU YOU

2:46:48REALLY CANNOT.

2:46:50SO, UM, WE'RE ABOUT AND THIS IS

2:46:52THIS IS THE VERY IMPORTANCE OF,

2:46:54UM, SUBSIDIES AND GIVING THESE

2:46:56FAMILIES AN OPPORTUNITY TO

2:46:59FAMILIES THAT ARE BEING PRICED

2:47:00OUT OUT OF SOME SOME OF THESE

2:47:02NEIGHBORHOODS, UH, LIKE ROXBURY

2:47:04,MATTAPAN, DORCHESTER HAVING

2:47:06THESE DIFFERENT SUBSIDIES AT A

2:47:08PLACE IT'S IT'S CRITICAL IS

2:47:10VERY CRITICAL BECAUSE COSTS

2:47:12CONSTRUCTION.

2:47:13COSTS IS GOING UP.

2:47:14AND WE KNOW INFLATION UM

2:47:16EVERYBODY TALKS ABOUT UM

2:47:17PUTTING FOOD ON THE TABLE UH

2:47:19HOW INFLATION IS IMPACTING IT.

2:47:22UM IT IMPACTS US EVEN MORE ON

2:47:24THE CONSTRUCTION SIDE BECAUSE A

2:47:26LOT.

2:47:26>> OF THE.

2:47:27COMMODITIES THAT WE DEPEND ON

2:47:28UM.

2:47:29PRICES ARE GOING UP.

2:47:30UM, YOU TALK.

2:47:31ABOUT DIESEL FUEL, IT IMPACTS

2:47:34COMMODITIES THAT WE WE USE THE

2:47:35BUILT UM ALL ACROSS THE BOARD

2:47:37YOU HEAR YOU HEAR TARIFFS WE'RE

2:47:40DEALING WITH IT BECAUSE THERE'S

2:47:41CERTAIN MATERIALS AND EQUIPMENT

2:47:43THAT'S BEING SOURCED OUT

2:47:44OF THIS COUNTRY THAT WE NEED UH

2:47:46TO ACTUALLY BUILD UM YOU HEAR.

2:47:50UM SCARCITY OF OF LAND IN THE

2:47:52BOSTON AREA THAT MEANS COSTS

2:47:55COST TO BUY LAND IS IS IS

2:47:57INCREASING AND IT MAKES IT EVEN

2:47:59HARDER TO TO BUILD THAT UM

2:48:02LAYER THAT THAT THAT LAYER

2:48:04OF CAKE BETWEEN LAND HARD COSTS

2:48:08AND YOUR MISCELLANEOUS OFF

2:48:10COSTS TO BUILD TO BUILD A

2:48:11PROJECT AND NOT HAVING THOSE

2:48:13SUBSIDIES UM IT MAKES A HUGE

2:48:16DIFFERENCE AND AS WE'RE LOOKING

2:48:18I'LL BE.

2:48:18QUITE HONEST WITH YOU AS AS WE

2:48:20BUILT OUR.

2:48:21OUR FIRM.

2:48:22UM, IN THE AFFORDABLE.

2:48:25UH, HOMEOWNERSHIP.

2:48:26SPACE, ME AND MY BUSINESS

2:48:27PARTNER.

2:48:27OUR BACKGROUND IS COMMERCIAL

2:48:29CONSTRUCTION.

2:48:30>> BUT WHEN WE DECIDED TO.

2:48:32UH, START OUR.

2:48:33BUSINESS, WE INTENTIONALLY SAID

2:48:36LET'S START IN THE

2:48:39HOMEOWNERSHIP SPACE AND BECAUSE

2:48:40ONE WE WANTED TO MAKE A

2:48:42DIFFERENCE TWO.

2:48:43WE WANTED TO, UM.

2:48:45STRATEGICALLY SCALE OUR COMPANY

2:48:47.

2:48:47UM, AND THE CITY HAS BEEN A

2:48:50GREAT PARTNER IN HELPING US TO

2:48:52SCALE OUR BUSINESS AND WE'RE

2:48:53VERY WE'RE VERY GRATEFUL

2:48:55OF THAT AND WE'VE MADE A HUGE

2:48:57IMPACT ON SOME OF THE FAMILIES

2:48:58.

2:48:59UH, WE'VE WE'VE.

2:49:00HELD NUMEROUS.

2:49:02>> UH.

2:49:02RIBBON CUTTINGS WITH THE MAYOR

2:49:04UH WITH FAMILIES THAT UM, ARE

2:49:06MOVING IN.

2:49:07SO IT'S SO IT'S PERSONAL I CAN.

2:49:10TELL YOU I.

2:49:11COULD SPEAK SO.

2:49:13UM I COULD TELL YOU, UH.

2:49:15THE BIGGEST IMPACT WAS THE

2:49:17SMALLEST THING THAT WE DIDN'T

2:49:19EVEN REALLY PAY ATTENTION TO.

2:49:21UH, WE HAD A RIBBON CUTTING

2:49:22WITH.

2:49:23OUR FAMILY AND THE MAYOR ASKED

2:49:26,UM.

2:49:27THE DAUGHTER OF THE.

2:49:29>> THE PERSON THAT THAT MOVED

2:49:30INTO THE HOME.

2:49:33WHAT'S THE WHAT'S THE THING

2:49:35THAT YOU LOVE MOST ABOUT YOUR

2:49:36HOME?

2:49:37AND SHE SAID THE STAIRS AND WE

2:49:41ALL LOOK PUZZLED.

2:49:42WE LOOKED AT HER LIKE PUZZLED.

2:49:43SHE SAID THE STAIRS.

2:49:44SHE'S LIKE FINALLY I I LIVE IN

2:49:47A PLACE WHERE I COULD GO UP AND

2:49:49DOWN THE STAIRS.

2:49:50I COULD GO.

2:49:51>> UP UPSTAIRS TO MY ROOM AND

2:49:52COME DOWN TO MY LIVING AREA TO

2:49:54EAT AND WE ALL STOOD THERE WERE

2:49:56LIKE WOW, IT'S THE LITTLE

2:49:58THINGS THAT YOU DON'T REALLY

2:50:00THINK ABOUT THAT MAKES A HUGE

2:50:01IMPACT ON PEOPLE'S OWN PEOPLE'S

2:50:03LIFE AND AND WE'RE GRATEFUL FOR

2:50:05THAT.

2:50:06SO WE.

2:50:06DEFINITELY DON'T WANT TO.

2:50:08TRANSITION TO TO RENTAL BUT

2:50:10WE'RE ALSO LOOKING AT HOW DO WE

2:50:13UH MAINTAIN AS A BUSINESS AS

2:50:14WELL RIGHT.

2:50:15YEAH.

2:50:16>> NO THANK YOU FOR THAT.

2:50:17WE'RE YEAH GO AHEAD SORRY.

2:50:19GO AHEAD.

2:50:20SORRY YEAH.

2:50:20SO THIS IS WHERE I JUST NEED TO

2:50:22SAY THAT THE LEGISLATURE HAS

2:50:26APPROVED JUST IN THE TWO

2:50:28BIGGEST HOUSING CAPITAL

2:50:30PROGRAMS OVER 650 MILLION.

2:50:32THAT'S FOR HOMEOWNERSHIP AND

2:50:34RENTAL IN THE STATE SINCE 2008

2:50:36HAS SPENT ALL OF THAT MONEY ON

2:50:39RENTAL.

2:50:40UM, SO THERE ARE RESOURCES THAT

2:50:44COULD BE AVAILABLE TO MAINTAIN

2:50:46MORE OF THIS BALANCE.

2:50:48THE MAYOR HAS SAID SHE'S

2:50:49COMMITTED TO 20% OF NEW

2:50:51AFFORDABLE HOUSING BEING

2:50:52HOMEOWNERSHIP HOUSING, BUT SHE

2:50:54NEEDS THAT STATE PARTNER UM,

2:50:57AND THERE'S MONEY ALREADY

2:50:58APPROPRIATED THAT COULD GO INTO

2:51:00THAT.

2:51:01UM, IT HURTS ME TO TO HEAR

2:51:02ABOUT THE LIKE TECH UH, THE

2:51:05LIGHT TECH CONVERSATION JUST

2:51:07NOT THAT WE DON'T NEED

2:51:08AFFORDABLE RENTALS.

2:51:09WE'RE SAYING 80% AFFORDABLE

2:51:11RENTALS.

2:51:12BUT RIGHT NOW WE'RE, UH YOU

2:51:14KNOW, 5% AFFORDABLE

2:51:16HOMEOWNERSHIP.

2:51:17UM, AND I THINK THAT THERE'S

2:51:19HUGE OPPORTUNITY THERE'S ALSO

2:51:21MORE AUTHORIZATION THERE THAN

2:51:23THERE IS IN THE CAPITAL PLAN.

2:51:26SO THE STATE COULD EITHER UP

2:51:29THE AMOUNT OF CAPITAL HOUSING

2:51:31FUNDING OVERALL AND ALLOCATE

2:51:34ADDITIONAL TO HOMEOWNERSHIP IF

2:51:36THEY REALLY FEEL LIKE THEY

2:51:37CAN'T AFFORD IT, THEY SHOULD

2:51:39JUST GIVE COMMUNITIES THE UM

2:51:41ABILITY TO CHOOSE THE THE

2:51:43AMOUNT OF EACH RENTAL AND

2:51:45HOMEOWNERSHIP THAT THEY WANT

2:51:47INSTEAD OF MAKING THE DECISION

2:51:49FOR THE LOCAL COMMUNITIES.

2:51:51YEAH.

2:51:52>> NO NO AS AS EVERYONE KNOWS I

2:51:54AM A BIG ADVOCATE FOR HOUSING

2:51:56BUT I ALSO BIGGER ADVOCATE FOR

2:51:59HOMEOWNERSHIP JUST BECAUSE

2:52:01OF THE STABILITY I BELIEVE THAT

2:52:02IT BRINGS TO A FAMILY UH,

2:52:04KNOWING UM, YOU HAVE A

2:52:06CONSISTENT AND PREDICTABLE

2:52:08HOUSING PAYMENT EVERY MONTH.

2:52:10UM, AND HEARING THAT THE THE

2:52:14CPA BOARD IS ALSO THAT'S THEIR

2:52:16PRIORITY WHEN THEY'RE INVESTING

2:52:19INTO HOUSING UH PROJECTS

2:52:22HOWEVER, YOU KNOW SEEING AND

2:52:25HEARING THAT IS HARD.

2:52:26FOR AFFORDABLE.

2:52:27UH, DEVELOPERS TO EVEN CREATE

2:52:29IT.

2:52:29IT'S NOT EVEN BEING PRESENTED

2:52:30TO THE BOARD RIGHT NOW.

2:52:32SO I GUESS WHAT MY QUESTION IS

2:52:34WHAT WHAT UH WHAT CAUSE WOULD

2:52:37IT BE MORE FEASIBLE FOR YOU TO

2:52:40CREATE HOMEOWNERSHIP UNITS?

2:52:43I KNOW WE'RE AT $150,000 RIGHT

2:52:46NOW IN SUBSIDIES PER UNIT.

2:52:48I THINK CAMBRIDGE DOES, UH,

2:52:51$250,000.

2:52:51LIKE I'M NOT SURE IF YOU HAVE

2:52:54THIS MATH ALREADY FIGURED OUT,

2:52:55BUT I WOULD LOVE TO KNOW WHAT

2:52:57WHAT CAN GET YOU BACK INTO, UM,

2:53:00THE AFFORDABLE HOMEOWNERSHIP

2:53:01CONVERSATION.

2:53:02YEAH.

2:53:02>> NO, ABSOLUTELY I.

2:53:03COULD I COULD.

2:53:03CERTAINLY GET BACK TO YOU WITH

2:53:05THE MATH.

2:53:05UM, BUT IT'S ALSO VERY

2:53:07IMPORTANT TO TO SAY TO.

2:53:09THERE'S A LOT OF PROJECTS THAT

2:53:11ARE UM, SITTING IN.

2:53:13>> THE PIPELINE THAT NEEDS UM,

2:53:15SUBSIDY.

2:53:16SO YOU'RE.

2:53:16SO IT'S NOT.

2:53:17ONLY JUST THE COST IS COMPETING

2:53:19UH, FOR THOSE SCARCITY DOLLARS

2:53:22TO BUILD THOSE UNITS.

2:53:23I MEAN, JUST JUST LIKE I

2:53:25MENTIONED, WE HAVE A.

2:53:27LONG LIST OF.

2:53:28PROJECTS, UM, THAT IS IN

2:53:30PREDEVELOPMENT RIGHT NOW THAT'S

2:53:31GOING TO BE UM THAT'S GOING TO

2:53:33NEED FUNDING.

2:53:35UM, AND I'M PRETTY SURE THERE'S

2:53:36OTHER DEVELOPERS JUST LIKE

2:53:38ME THAT'S LOOKING FOR FUNDING

2:53:40AS WELL SUBSIDY DOLLARS.

2:53:41AND THEN WHEN YOU'RE.

2:53:42HOLDING IT LOOKING FOR

2:53:43SUBSIDIES THE CARRYING COST

2:53:45INCREASES WHICH I WOULD ASSUME

2:53:47INCREASES THE AMOUNT

2:53:48OF SUBSIDIES YOU POSSIBLY WOULD

2:53:50NEED TO GET IT SHOVEL READY.

2:53:52>> OH ABSOLUTELY.

2:53:52SO RIGHT.

2:53:53>> NOW I CAN TELL YOU'RE A REAL

2:53:55LIVE STORY.

2:53:56>> OF THAT.

2:53:56WE HAVE WE HAVE A 15.

2:53:58UNIT DEVELOPMENT UM THAT'S

2:54:00SLATED FOR.

2:54:01ON BLUE HILL AVE.

2:54:03UM UH, 391.

2:54:05AND 353 BLUE.

2:54:06HILL AVE.

2:54:06UM, IT'S.

2:54:08SLATED TO BE ALL.

2:54:09HOMEOWNERSHIP UH, PROJECT.

2:54:11AND WE'VE BEEN.

2:54:12FOR A LACK OF.

2:54:14SUBSIDY AND AND.

2:54:16COST ESCALATION.

2:54:17WE'VE BEEN.

2:54:18TRYING TO FIGURE OUT

2:54:19CREATIVELY.

2:54:19HOW DO WE.

2:54:21GET THIS.

2:54:21>> PROJECT TO THE CLOSING TABLE

2:54:24ACTUALLY BRILLIANT.

2:54:25UM.

2:54:26>> THE MARKET HAS SHIFTED

2:54:28TREMENDOUSLY AND WE WE WERE

2:54:31ANTICIPATING UM, SOME.

2:54:32SUBSIDY DOLLARS TO COME OUT

2:54:33OF UM.

2:54:34COMMONWEALTH BUILDER FUNDS

2:54:35WHICH ESSENTIALLY HAS DRIED UP

2:54:38AND THE CITY UH THE CITY HAS UH

2:54:40STRICT LIMIT IN TERMS OF UH THE

2:54:43DOLLARS.

2:54:43PER UNIT SUBSIDY THAT THEY'RE

2:54:45WILLING TO ALLOCATE.

2:54:46SO USUALLY WE WOULD.

2:54:47RELY ON.

2:54:48COMMONWEALTH BUILDER FUNDS TO

2:54:49BRIDGE THAT GAP AND

2:54:51UNFORTUNATELY IT'S NOT

2:54:52AVAILABLE.

2:54:53SO NOW WE'RE.

2:54:54TRYING TO FIGURE OUT CREATIVELY

2:54:55HOW.

2:54:55DO WE ACTUALLY GET THAT PROJECT

2:54:57TO CLOSE.

2:54:58SO UH SO WE COULD ACTUALLY

2:54:59BUILD IT WITH RISING COSTS.

2:55:02YEAH AND UH JUST.

2:55:03TWO MORE.

2:55:04QUESTIONS AND I SEE

2:55:06COUNCILOR COPEPODS HERE.

2:55:09UM.

2:55:14OR MAYBE JUST ONE THEN THEN A

2:55:17COMMENT UH, STEVE.

2:55:19YOU KNOW.

2:55:20>> CAN YOU TALK TO ME ABOUT

2:55:22FEDERAL FUNDING AND HOW YOU

2:55:24VIEW IT AFFECTING, UH, BOSTON'S

2:55:27AFFORDABLE HOUSING CREATION AND

2:55:28ALSO UM, WITHIN THAT

2:55:31CONVERSATION THE AFFORDABLE.

2:55:31HOMEOWNERSHIP CONVERSATION.

2:55:34I THINK YOU KNOW, I THINK WHAT

2:55:35WE'RE SEEING OBVIOUSLY IS THE

2:55:37END UH, AT THIS CALENDAR YEAR,

2:55:38THE END OF THE ARPA FUNDING

2:55:40WHICH I THINK WAS WISELY A

2:55:42GREAT DEAL OF IT WAS ALLOCATED

2:55:44TOWARDS VARIOUS VARIOUS

2:55:45AFFORDABLE HOUSING PROGRAMS,

2:55:47UM, WHICH YOU KNOW, THERE'S NOT

2:55:49A THERE'S NOT A POLICY MISTAKE

2:55:51HERE.

2:55:51RIGHT?

2:55:51THE MONEY HAS SIMPLY RUN OUT

2:55:53IT'S RUN OUT FOR EVERYBODY.

2:55:54UM, SO I THINK THAT OBVIOUSLY

2:55:57UH THAT OBVIOUSLY HAS AN IMPACT

2:55:59I THINK YOU HAVE THE FEDERAL

2:56:00ADMINISTRATION RIGHT NOW THAT I

2:56:01THINK IT'S NOT AS FOCUSED.

2:56:03>> ON.

2:56:03AFFORDABLE HOUSING PRIORITIES

2:56:05AS I THINK WE COLLECTIVELY

2:56:06WOULD LIKE.

2:56:07UM, SO I DO THINK UM I DO THINK

2:56:10WE ARE YOU KNOW.

2:56:12WE WE ARE SOMEWHAT SOMEWHAT ON

2:56:13OUR OWN UH WITH OUR WITH OUR

2:56:16STATE PARTNERS TO BE FAIR BUT

2:56:17WE ARE ON OUR OWN IN TERMS

2:56:19OF UM, YOU KNOW, THE FEDERAL

2:56:20GOVERNMENT ISN'T GOING TO HAVE

2:56:22UH ISN'T GOING TO ISN'T GOING

2:56:23TO BE THE SOLUTION HERE UH, FOR

2:56:26A NUMBER OF YEARS.

2:56:27YEAH.

2:56:28>> AND UH, I ALWAYS THINK ABOUT

2:56:30YEAH, WE HAVE ADVOCACY AT UM ON

2:56:32THE FEDERAL SIDE WE HAVE

2:56:34ADVOCACY TO GET MORE MONEY AT

2:56:35THE STATE HOUSE.

2:56:36UM, BUT I ALWAYS WANT TO, YOU

2:56:38KNOW, THINK ABOUT WHAT WE CAN

2:56:40DO AS A CITY.

2:56:41UH, WE HAVE LEVERS, UM, THAT

2:56:43THAT WE CAN PULL.

2:56:44UH, ONE OF THOSE LEVERS IS, YOU

2:56:46KNOW, POSSIBLY THE CPA.

2:56:48UM, INSTEAD OF HOPING AND

2:56:50PRAYING THAT ANOTHER BODY, UM,

2:56:52WILL ACT UM, IN OUR FAVOR

2:56:56ESPECIALLY WHEN WE SEE, UM,

2:56:58AFFORDABLE HOUSING DEVELOPERS

2:57:00SAYING THAT THEY'RE PULLING

2:57:01AWAY FROM AFFORDABLE

2:57:03HOMEOWNERSHIP BECAUSE THE MONEY

2:57:06IS DRYING UP.

2:57:07AND I THINK THAT IS ONE OF THE

2:57:08BEST WAYS UH, TO FIGHT UM,

2:57:11OF MASS DISPLACEMENT IS THROUGH

2:57:12AFFORDABLE HOMEOWNERSHIP.

2:57:14UH, SO JUST HEARING UM, YOU

2:57:17KNOW, THAT MONEY DRYING UP I DO

2:57:19BELIEVE IS ALARMING.

2:57:20UM, BUT I KNOW I DO HEAR THE

2:57:22CONVERSATIONS AROUND THE OTHER

2:57:24CATEGORIES WHEN IT COMES TO CPA

2:57:26AND I, I DO FEEL THAT, YOU

2:57:29KNOW, WE DO HAVE OTHER

2:57:30ALTERNATIVE FUNDING AND SOURCES

2:57:32UH, THAT WE CAN SUPPORT UH,

2:57:35THOSE DIFFERENT CATEGORIES

2:57:36WHETHER IT'S QUESTION SIX THE

2:57:38CONSERVATION FUND UH, WHICH I

2:57:40AM A SUPPORTER OF UH THE

2:57:42CAPITAL BUDGET UH, BUT ALSO IF

2:57:45WE WERE TO GROW HOUSING

2:57:47PRODUCTION LIKE WE ARE ACTUALLY

2:57:49GROWING THIS POT OF MONEY TO

2:57:51HOPEFULLY GET MORE FUNDING TO

2:57:53THOSE OTHER CATEGORIES.

2:57:55SO I THINK WE'RE IN A TIME UM,

2:57:58WHERE YOU KNOW, HOUSING

2:58:00PRODUCTION HAS STALLED OUT UH,

2:58:01PARTICULARLY THE AFFORDABLE

2:58:02SIDE.

2:58:03AND UM, I THINK IT'S A

2:58:07CONVERSATION THAT YOU KNOW, I'M

2:58:09HAPPY THAT WE'RE HAVING AND

2:58:10HOPEFULLY WE'LL CONTINUE TO SEE

2:58:12WHAT FLEXIBILITY UM, WE CAN

2:58:15HAVE IN ORDER TO, YOU KNOW,

2:58:17JUMP START BACK AFFORDABLE

2:58:20HOMEOWNERSHIP TO HOPEFULLY GROW

2:58:21THIS POT OF MONEY TO MAKE SURE

2:58:23THAT ALL THE CATEGORIES ARE

2:58:25RECEIVING MORE UH, THAT'S ALL I

2:58:27HAVE FOR NOW, CHAIR.

2:58:28THANK YOU, COUNCILOR CULPEPPER.

2:58:32UM.

2:58:33A LAP LAST LAST THING AND A

2:58:35VERY LAST THING.

2:58:36LAST THING.

2:58:38UM, AND HOPEFULLY I KNOW YOU

2:58:39ALSO ASK THIS QUESTION.

2:58:41UM, WE LOVE WHEN EXECUTIVE

2:58:44BROWN, UH, BRINGS BACK THE

2:58:46ANALYSIS ON BOND AND AGAINST

2:58:49EPA UH, TO KIND OF, YOU KNOW,

2:58:50SIT DOWN WITH YOU, STEVE AND

2:58:52ANYONE WHO ELSE IS INTERESTED

2:58:54TO UNDERSTAND LIKE THE IMPACTS

2:58:56UH THAT THAT THAT THAT WOULD

2:58:57HAVE THANK YOU.

2:59:00COUNCILOR CULPEPER.

2:59:01UM, I'M GOING TO GIVE YOU AN

2:59:04OPPORTUNITY TO, YOU KNOW, SAY

2:59:06STATEMENT OR ASK A QUESTION.

2:59:09UM, YOU HAVE SEVEN MINUTES.

2:59:11ASK A QUESTION.

2:59:13YOU ASK QUESTIONS SEVEN

2:59:15MINUTES.

2:59:15THANK YOU, MR CHAIR, FOR

2:59:16HOLDING THIS HEARING.

2:59:18THANK YOU CONSTABLE WELL FOR

2:59:20BRINGING.

2:59:20THIS SIGNIFICANT AND IMPORTANT

2:59:23HEARING OVER TO FORWARD FOR

2:59:25ADDING ME AS AN ORIGINAL

2:59:26CO-SPONSOR.

2:59:27THANK YOU FOR THE

2:59:30ADMINISTRATION TESTIMONY.

2:59:32I SEE THAT BEING HAS GONE BUT I

2:59:34THANK YOU ALL FOR STILL BEING

2:59:35HERE BECAUSE FOR ME HOUSING IS

2:59:39.

2:59:41PROBABLY THE MOST SIGNIFICANT

2:59:43ISSUE UH.

2:59:45WORKED ON IN MY.

2:59:46PROFESSIONAL LIFE.

2:59:48I SEE THE SIGNIFICANCE OF IT.

2:59:50I SEE THE IMPORTANCE OF IT.

2:59:52I SEE HOW THE CPA SUPPORTED AND

2:59:56HELPED BRING ABOUT MORE HOUSING

2:59:58WHETHER IT'S HOMEOWNERSHIP,

3:00:00WHETHER IT'S AFFORDABLE HOUSING

3:00:01.

3:00:02I SEE WE'RE LOSING $240 MILLION

3:00:05IN FEDERAL ARPA FUNDING FOR

3:00:08AFFORDABLE HOUSING THAT'S

3:00:10COMING TO AN END.

3:00:13AND WE ALL KNOW THAT NEXT

3:00:15YEAR'S BUDGET CYCLE IS GOING TO

3:00:17BE A VERY DIFFICULT YEAR NOW IT

3:00:19WAS DIFFICULT THIS YEAR, BUT

3:00:22NEXT YEAR IT'S GOING TO BE EVEN

3:00:23MORE DIFFICULT BECAUSE WHEN YOU

3:00:25LOOK AT THE ARPA FUNDING THAT

3:00:27WE'RE GOING TO BE LOSING, IT'S

3:00:29COMING TO AN END NOT JUST FOR

3:00:31THE CPA BUT IN MANY OTHER AREAS

3:00:34.

3:00:35THE BUDGET CONVERSATION NEXT

3:00:38YEAR IS GOING TO BE TRYING TO

3:00:41STEAL FROM PETER TO PAY PAUL.

3:00:43I MEAN WE'RE GOING TO BE IN A

3:00:44TOUGH BUDGET CYCLE NEXT YEAR.

3:00:46.

3:00:47AND WHEN IT COMES TO HOUSING,

3:00:49UH THE WAY HOUSING HAS STALLED

3:00:52ESPECIALLY WITH LOSING THIS

3:00:53FUNDING UM AND I SEE THE

3:00:58QUESTION IS HOW DO YOU TAKE.

3:01:01MONEY FROM OTHER AREAS OF THE

3:01:03CPA TO ALLOCATE TO HOUSING THE

3:01:07ALLOCATION TO 50%?

3:01:09NOW HOW DO YOU WHERE DO YOU GET

3:01:10THAT OTHER 20 TO 30% FROM

3:01:14BECAUSE.

3:01:16CPA DOES A GREAT JOB IN

3:01:19SUPPORTING UH HISTORIC

3:01:22PRESERVATION.

3:01:25UH DEVELOPMENTS AND WITHOUT A.

3:01:27CPA I CAN TELL YOU THAT MANY

3:01:29OF THE CHURCHES WOULDN'T BE

3:01:30ABLE TO DO THE WORK THAT THEY

3:01:33DO TO TODAY.

3:01:34MANY OF THE CHURCHES THAT HAVE.

3:01:38UH.

3:01:39>> USED THAT CPA MONEY AS

3:01:42REALLY CAPITAL FUNDING TO MAKE

3:01:45UPGRADES ON THE CHURCHES UH MAY

3:01:49NOT BE THERE.

3:01:50AND THE WAY IT IS NOW WHEN YOU

3:01:52LOOK AT UH OPEN SPACES YOU LOOK

3:01:55AT RECREATION WHEN YOU LOOK AT

3:01:59THE SIGNIFICANCE OF CPA AND YOU

3:02:02THINK ABOUT.

3:02:05THE AWKWARD FUNDS AND HOW

3:02:07SIGNIFICANT THEY WERE AND NOW

3:02:09YOU AT A POINT YOU'RE AT A

3:02:10POINT WHERE YOU'RE TRYING TO

3:02:11FIGURE OUT HOW DO YOU LEVERAGE

3:02:16THE MONEY THROUGH THE CPA THAT

3:02:18YOU WILL HAVE UH, WHAT REALLY

3:02:22WON'T BE AS MUCH NEXT YEAR AS

3:02:25YOU HAVE THIS YEAR?

3:02:27AND SO I KNOW FOR DEVELOPERS I

3:02:28KNOW IT'S A CHALLENGE.

3:02:31UH.

3:02:32>> BUT NOT ONLY FOR THE

3:02:34DEVELOPERS I THINK FOR THE CITY

3:02:38WE'RE GOING TO HAVE BUDGET

3:02:39CHALLENGES NEXT YEAR UH, UNLESS

3:02:41WE FIND MONEY FROM SOMEPLACE.

3:02:44UH, AND SO.

3:02:47MY QUESTION TO YOU IS.

3:02:51AND I'M SURE YOU'VE THOUGHT A

3:02:53LOT ABOUT WHERE DO YOU PULL

3:02:54FROM WITHIN THE CPA BUDGET TO.

3:03:02TRANSITION MONEY FROM OTHER

3:03:04AREAS TO HOUSING?

3:03:07WHERE WOULD YOU RECOMMEND THAT

3:03:09MONEY COME FROM TO SUPPORT NOT

3:03:13EVEN THE LEVEL OF FUNDING FOR

3:03:15HOUSING THAT YOU HAVE THIS YEAR

3:03:18?

3:03:19UH, BUT EVEN IF YOU COULD FIND

3:03:2110% I'M NOT TALKING ABOUT 20 OR

3:03:2430.

3:03:24WHERE WOULD YOU FIND 10% TO ADD

3:03:27TO THE HOUSING ALLOCATION

3:03:30FUNDING?

3:03:33I THINK.

3:03:35I FIRST OF ALL I WOULD

3:03:36OBVIOUSLY DEFER TO THE JUDGMENT

3:03:38OF OF THIS BODY IN THE CPC UH,

3:03:40OF HOW TO DO THAT.

3:03:41I MEAN THERE'S A COUPLE

3:03:42PATHWAYS THERE.

3:03:44UM ONE THAT UH SENIOR DIRECTOR

3:03:46BROWN.

3:03:47I THINK ALLUDED TO I DON'T WANT

3:03:49TO.

3:03:49SHE DIDN'T.

3:03:51>> ADVOCATE FOR THAT TO BE

3:03:52CLEAR.

3:03:52I WANT TO SORT OF MAKE THAT

3:03:54CLEAR WHERE SHE TALKED ABOUT

3:03:55THAT.

3:03:56YOU KNOW, THE CURRENT BREAKDOWN

3:03:58IS 50% TO HOUSING, 20% HISTORIC

3:04:02PRESERVATION, 20% UH, TO OPEN

3:04:05SPACE AND THEN THERE'S A

3:04:06DISCRETIONARY 10% ONE COULD

3:04:07TAKE THAT DISCRETIONARY 10% AND

3:04:10ALLOCATE IT ALL TO HOUSING AND

3:04:12THEN AFTER THAT IT BECOMES A

3:04:14ZERO SUM GAME.

3:04:15UM YOU HAVE TO TAKE FROM YOU

3:04:17HAVE TO TAKE FROM ONE TO THE

3:04:19OTHER AND I THINK YOU KNOW AS I

3:04:20SAID IN MY TESTIMONY THAT IS

3:04:22PART OF THE PRIORITY SETTING

3:04:23THAT POLITICAL BODIES ENGAGE IN

3:04:26ALL THE TIME.

3:04:27RIGHT?

3:04:27AND IT CAN BE IT'S

3:04:28UNCOMFORTABLE IN THIS CASE

3:04:29BECAUSE IT IS.

3:04:30ZERO SUM.

3:04:31UM BUT.

3:04:31YOU ARE.

3:04:32SETTING THE PRIORITIES.

3:04:34WHAT WOULD YOU SET AS

3:04:37PRIORITIES.

3:04:38I THINK I MEAN I THINK HOUSING

3:04:40IS THE PRIORITY.

3:04:42UM THAT SAID I DON'T HAVE I

3:04:45DON'T HAVE A NUMBER AT MY

3:04:46FINGERTIPS OF WHAT IT SHOULD

3:04:47BE.

3:04:48UM BUT I THINK YOU KNOW, I

3:04:49THINK THIS IS A POTENTIALLY

3:04:50POWERFUL TOOL TO ADDRESS

3:04:53FUNDING ISSUES WITH AFFORDABLE

3:04:55HOUSING.

3:04:57SO YOU WOULD RIGHT OFF THE TOP.

3:05:00UM, I DIDN'T HEAR, UH, THAT IN

3:05:03BROWN'S TESTIMONY, BUT THERE'S

3:05:08A SUGGESTION OR MAYBE INFERENCE

3:05:10FROM WHAT SHE SAID THAT MAYBE

3:05:12YOU TAKE THE 10% RIGHT OFF THE

3:05:15BACK.

3:05:15LET'S SAY YOU DO THAT.

3:05:17TAKE THE 10%.

3:05:19WHERE WOULD YOU GO NEXT?

3:05:21I WOULD SO JUST TO BE CLEAR I

3:05:23WANT TO BE I DON'T KNOW I DON'T

3:05:25WANT TO BE FAIR TO SO YOU TALK

3:05:26ABOUT IT I DON'T THINK SHE'S

3:05:27NOT PUTTING.

3:05:27ANYTHING ON IT.

3:05:28>> SHE JUST LAY IT SHE JUST LAY

3:05:29IT OUT.

3:05:30THIS IS HOW THE FRAMEWORK

3:05:31WORKS.

3:05:31YOU HAVE A DISCRETIONARY 10%.

3:05:33UM AND I.

3:05:34>> SAID INFERENCE.

3:05:35START THERE AND.

3:05:36INFERENCE RIGHT.

3:05:37>> NOT HER WORDS.

3:05:38NO NO NO MEAN YOU'RE REAL

3:05:39INFERENCE.

3:05:40YOU'RE JUST TALKING ABOUT YOU.

3:05:41>> AND I DON'T WANT GET ANYONE

3:05:42IN TROUBLE.

3:05:42NO NO NO NO.

3:05:43YOU KNOW, HARM.

3:05:44IS MY UH MY GOAL.

3:05:46SO YEAH I SAID YOUR INFERENCE.

3:05:47THERE, SIR.

3:05:48>> WHERE WOULD YOU GO NEXT?

3:05:51YOU KNOW I DON'T UM I DON'T

3:05:54HAVE A I DON'T HAVE A FORMULA

3:05:56BY WHICH, UM YOU KNOW THAT I

3:05:58WOULD IT'S ALSO DIFFICULT TO

3:06:01KNOW ABSENT UH, THERE'S THE

3:06:04CONCEPTUAL IDEA OF WE'RE

3:06:05PLAYING WITH PERCENTAGES.

3:06:06THERE'S ALSO A BOTTOM UP

3:06:09ANALYSIS OF WHAT ARE THE

3:06:10PROJECTS IN THE Q AND I.

3:06:12I HAVE NO VISIBILITY ON THE

3:06:14PROJECTS IN THE Q THAT WOULD

3:06:15PROBABLY THAT WOULD PROBABLY

3:06:17COME INTO MY THINKING IF

3:06:19THERE'S WONDERFUL YOU KNOW, IF

3:06:20THERE'S WONDERFUL HISTORIC

3:06:21PRESERVATION PROJECTS AND

3:06:22THERE'S A PAUCITY OF OPEN SPACE

3:06:25PROJECTS, I WOULD THINK

3:06:27DIFFERENTLY ABOUT IT.

3:06:30YOU WANT TO TAKE A STAB AT IT?

3:06:32YEAH.

3:06:32I'M SORRY.

3:06:33HE.

3:06:35NO COME ON, LET'S HEAR.

3:06:35THAT'S NO I UM.

3:06:38AND I.

3:06:39>> UNDERSTAND HOUSING.

3:06:40>> AND WHAT'S IN THE Q YOU KNOW

3:06:42WE DON'T KNOW RIGHT NOW BUT

3:06:44LET'S.

3:06:44SAY YOU TAKE THAT 10% AND WE'RE

3:06:46NOT.

3:06:48CONNECTING THAT WITH ANYTHING.

3:06:50THAT THAT EVEN BROWN SAID LET'S

3:06:52JUST SAY WE ASSUME WE TAKE THAT

3:06:54TO SO WHERE DO YOU GO NEXT?

3:06:56I'M A DATA GUY.

3:06:59UM SO I WOULD NEED THE DATA TO

3:07:00SAY NO.

3:07:02>> I'M BEING QUITE HONEST WITH

3:07:02YOU.

3:07:03I WOULD NEED TO SEE THE DATA

3:07:04OF.

3:07:05ONE TO HIS POINT THE PROJECTS

3:07:07THAT ARE IN THE Q BUT TWO

3:07:09HISTORICALLY.

3:07:09HOW MUCH MONEY HAVE.

3:07:11BEEN SPENT IN THOSE UH AND

3:07:12THOSE DIFFERENT BUCKETS FOR THE

3:07:14PAST FIVE YEARS JUST TO MAKE.

3:07:17A REAL.

3:07:18SOUND JUDGMENT.

3:07:19OBVIOUSLY AFFORDABLE.

3:07:20HOUSING THIS.

3:07:21>> IS MY REALM.

3:07:22THIS IS WHAT UM, I BUILD UM,

3:07:25I'M VERY A STRONG ADVOCATE

3:07:26OF AFFORDABLE HOUSING SO I

3:07:28THINK THERE'S A HUGE NEED FOR

3:07:29IT.

3:07:29BUT AT THE SAME TIME, JUST TO

3:07:31BE FAIR, I WOULD WANT TO SEE

3:07:34THE DATA AND AND REALLY DIVE IN

3:07:37AND SEE OKAY WHAT.

3:07:38WHAT ARE SOME OF THE

3:07:39PRIORITIES.

3:07:40>> WHAT ARE SOME OF THE NEEDS

3:07:41UM HOW MUCH HAVE WE SPENT THE

3:07:43PAST FIVE YEARS?

3:07:44DOES IT REALLY MAKE SENSE FOR

3:07:47OPEN SPACE TO HAVE 20% IF

3:07:49THEY'VE ONLY SPENT 10% OR IF

3:07:51THEY OR IT DOES, IT REALLY

3:07:53MAKES SENSE TO CUT THEIR

3:07:54FUNDING IF THEY HAVE A BACKLOG

3:07:57OF 30%.

3:07:58RIGHT?

3:07:59SO IT'S.

3:08:00YOU REALLY WANT.

3:08:01>> TO LOOK AT THE DATA JUST TO

3:08:02BE FAIR.

3:08:03UM QUITE HONEST.

3:08:04THAT'S FAIR THAT I LIKE THAT

3:08:08PERSPECTIVE.

3:08:08IT'S FAIR IT'S A FAIR

3:08:09PERSPECTIVE TO LOOK AT THE DATA

3:08:11BUT.

3:08:13I'M NOT SURE WE.

3:08:14>> WANT TO LOOK AT THE DATA,

3:08:16ESPECIALLY WHEN WE LOOK AT WHAT

3:08:19WE SPENT IN THE PAST ON

3:08:20HISTORIC PRESERVATION.

3:08:22THAT'S BEEN A GREAT.

3:08:24PROGRAM AND THE CITY OF BOSTON

3:08:26WITH REGARD TO.

3:08:29OLDER BUILDINGS.

3:08:31AND SUSTAINING OLDER BUILDINGS

3:08:33OR SO I KNOW I WAS LATE I KNOW.

3:08:40COUNCILOR PEPEN AND

3:08:41COUNCIL WERE WELL COVERED MOST

3:08:43OF UH WHAT I WOULD PROBABLY

3:08:44ASK.

3:08:45SO I LOOK AT THE HEARING I LOOK

3:08:47AT THE LINK AND LOOK AT THE

3:08:48HEARING.

3:08:48THANK YOU, MR CHAIR.

3:08:49THANK YOU.

3:08:51>> UM, WHAT DO YOU GENTLEMEN

3:08:54LIKE TO PROVIDE CLOSING REMARKS

3:08:57OR ANY FINAL STATEMENTS?

3:08:58NO.

3:08:59>> AGAIN I'M.

3:09:00I'M A VERY STRONG.

3:09:01ADVOCATE OF I THINK

3:09:03OF AFFORDABLE HOUSING IN

3:09:04FINDING ANY OPPORTUNITY TO

3:09:06RAISE THE PERCENTAGE UM BUT

3:09:07AGAIN, JUST TO BE FAIR, JUST

3:09:09LIKE I ANSWERED UM, COUNCILOR.

3:09:12CULPEPPER.

3:09:13>> UM.

3:09:14>> YOU REALLY.

3:09:14>> WANT TO LOOK AT THE DATA

3:09:15JUST TO BE FAIR IN TERMS

3:09:17OF WHERE YOU MAKE CUTS OR

3:09:18WHERE.

3:09:19HOW DO YOU.

3:09:19>> UH, REALLOCATE SOME OF THAT

3:09:20PIECE OF THE PIE?

3:09:22UM, BUT WE I'M A VERY STRONG

3:09:24ADVOCATE OF AFFORDABLE HOUSING.

3:09:26I THINK THERE'S THERE'S A HUGE

3:09:28NEED FOR.

3:09:29WHAT WE DO.

3:09:30>> IN.

3:09:30THE HOMEOWNERSHIP REALM AND WE

3:09:32REALLY DEPEND ON IT.

3:09:34JUST YOU KNOW, JUST IN CLOSING,

3:09:36THANKS.

3:09:37UH, APPRECIATE THE OPPORTUNITY

3:09:39TO TESTIFY.

3:09:40UM, YOU KNOW, I THINK WE TALKED

3:09:41ABOUT THIS IS POTENTIALLY A

3:09:43POWERFUL TOOL FOR INCREASING

3:09:44FUNDING FOR AFFORDABLE HOUSING.

3:09:46IT IS ON SOME LEVEL AS

3:09:49COUNCILOR CULPEPER INDICATED IN

3:09:50HIS QUESTION, IT IS ZERO SUM.

3:09:52WE'RE TAKING AWAY MONEY FROM

3:09:54OTHER PROGRAMS THAT HAVE

3:09:55VIRTUOUS INTENT AND OUTCOMES.

3:09:58BUT I THINK IT IS ONE IT IS ONE

3:09:59THAT IS WORTH IT IS A

3:10:01DISCUSSION THAT IS WELL WORTH

3:10:02HAVING, PARTICULARLY IN THIS

3:10:03MOMENT WHERE WE ARE STRUGGLING

3:10:05TO PRODUCE ENOUGH HOUSING AND

3:10:07ENOUGH AFFORDABLE HOUSING FOR

3:10:08OUR COMMUNITIES.

3:10:09THANK YOU I HILLARY.

3:10:12JUST THANK YOU FOR INCLUDING

3:10:14ME IN THE CONVERSATION.

3:10:16OF COURSE I REALLY DO

3:10:17APPRECIATE THE WORK THAT YOU

3:10:18ALL DO IN YOUR RESPECTIVE

3:10:19FIELDS.

3:10:21UM AS STEVE MENTIONED,

3:10:22DEFINITELY A CONVERSATION WORTH

3:10:24HAVING SO THANK YOU FOR BEING

3:10:25TODAY ON THE PANEL.

3:10:27UM, BEFORE I CONCLUDE I BELIEVE

3:10:30THERE IS A VIDEO TESTIMONY UM,

3:10:35THE WE WERE GOING TO SHOW.

3:10:48GOOD MORNING.

3:10:49MY NAME IS LAURIE RABIN I LIVE

3:10:51IN ROSLINDALE.

3:10:51THIS IS FOR DOCKET 1601.

3:10:53THANK YOU VERY MUCH FOR TAKING

3:10:55THE TESTIMONY TODAY.

3:10:56I COME FROM A FAMILY THAT

3:10:58BELIEVES IN PUBLIC FUNDING FOR

3:10:59PUBLIC GOOD.

3:11:00MY DAD HELPED START THE

3:11:01MUSICIANS UNION IN LOS ANGELES

3:11:03AND MY MOTHER SERVED FOR

3:11:04DECADES ON THE BOARD OF THE

3:11:06L.A. VALLEY PROGRESSIVE

3:11:07DEMOCRATS.

3:11:08I SUPPORT NEW REVENUE FOR

3:11:10AFFORDABLE HOUSING.

3:11:10I ALSO BELIEVE THAT PUBLIC

3:11:12FUNDING NEEDS CLEAR GUARDRAILS.

3:11:14PUBLIC FUNDING SHOULD COME WITH

3:11:16ENFORCEABLE COMMITMENTS TO

3:11:17AFFORDABLE HOUSING, TO SAFE

3:11:19DEMOLITIONS, TO TIMELY ANSWERS

3:11:21TO NEIGHBORS AND MEANINGFUL

3:11:22RELOCATION SUPPORT FOR HOUSING

3:11:25PRICED JUST BELOW MARKET RATE

3:11:27IS NOT AFFORDABLE OR ACCESSIBLE

3:11:29FOR NEARLY EVERYONE WHO'S.

3:11:30RENT BURDENED.

3:11:31WE NEED CLEAR AFFORDABILITY

3:11:33STANDARDS TO REFLECT THEIR

3:11:34INCOMES.

3:11:35SECOND, A CPA FUNDED PROJECT IN

3:11:38ROSLINDALE PROVIDES AN EXAMPLE

3:11:39OF THE NEED FOR GUARDRAILS

3:11:42DURING DEMOLITION.

3:11:42FOR EXAMPLE, RESIDENTS RAISED

3:11:43SERIOUS CONCERNS ABOUT

3:11:45PARTICULATE MATTER IN THE AIR,

3:11:47ABOUT DEBRIS, ABOUT AIR QUALITY

3:11:51PARTICULARLY IN THIS

3:11:52NEIGHBORHOOD WITH FOUR

3:11:53CHILDCARE CENTERS AND A

3:11:56ENVIRONMENTAL JUSTICE BURDENED

3:11:59BY NEPA, A CITY LEADERS SAID.

3:12:03WELL, YOU KNOW, THE PROTOCOLS

3:12:04WERE GENERALLY BEING FOLLOWED

3:12:06BUT AGAIN, IF MY CONDITIONS

3:12:07NEEDED TO BE TIGHTENED UP, WE

3:12:10ALSO CONTINUE TO SEEK

3:12:11DOCUMENTATION SHOWING WHAT

3:12:12RELOCATION SYSTEM ASSISTANCE

3:12:14WAS PROVIDED TO BUSINESSES IN

3:12:15THE DEMOLISHED BUILDING.

3:12:17THESE ARE BUSINESSES OWNED BY

3:12:19IMMIGRANTS THAT HAD SERVED THIS

3:12:20SQUARE FOR DECADES.

3:12:22WAS THERE SUPPORT HELP THEM

3:12:24REMAIN IN OUR COMMUNITY?

3:12:26THIRD, I RESPECTFULLY ASK THE

3:12:28COUNCIL PRESIDENT AND BP TO

3:12:30ASSURE THAT OVERSIGHT

3:12:31OF HOUSING AND DEVELOPMENT

3:12:32FUNDS INCLUDE A BROAD RANGE

3:12:34OF CITY COUNCIL COMMITTEE

3:12:35CHAIRS.

3:12:36THIS WOULD HELP BRING MORE

3:12:37NEIGHBORHOOD VOICES INTO THE

3:12:39PROCESS, ENCOURAGE MEANINGFUL

3:12:41INPUT FROM THOSE MOST AFFECTED

3:12:43WITH CLEAR STANDARDS AND SHARED

3:12:45OVERSIGHT, WE CAN CREATE

3:12:46AFFORDABLE HOMES WHILE

3:12:48PROTECTING THE PEOPLE AND

3:12:49BUSINESSES THAT ARE ALREADY

3:12:50THERE.

3:12:51THIS WOULD TRULY BE PUBLIC

3:12:52MONEY FOR PUBLIC GOOD AND THANK

3:12:54YOU VERY MUCH.

3:12:58PERFECT COUNCILOR WORRELL.

3:13:00WOULD YOU LIKE TO PROVIDE ANY

3:13:02CLOSING REMARKS?

3:13:05THANK YOU CHAIR.

3:13:06UH THANK YOU CENTRAL STAFF.

3:13:07THANK YOU TO MY TEAM.

3:13:08UH, THANK YOU TO THE PANELISTS.

3:13:10UH THANK YOU, UM, FOR THE

3:13:12REPORT.

3:13:14UM AND THANK YOU TO MY

3:13:15COLLEAGUES UH, FOR UH FOR GREAT

3:13:17QUESTIONS AND JUST LOOKING TO

3:13:19CONTINUE THIS CONVERSATION.

3:13:21UM, AND AGAIN FOR ME AS A

3:13:24HOUSING ADVOCATE HEARING, UM,

3:13:29AFFORDABLE HOUSING AND

3:13:31AFFORDABLE HOMEOWNERSHIP, UH,

3:13:32FUNDS STARTING TO DRY UP UM,

3:13:34THAT THAT IS ALARMING.

3:13:36UM, KNOWING UM, THAT THERE'S AN

3:13:39OPPORTUNITY TO POSSIBLY FIND

3:13:41SOME OF THE OTHER CATEGORIES ON

3:13:42CPR ON THE CAPITAL BUDGET TO A

3:13:45CONSERVATION FUND UM, IN OTHER

3:13:47ALTERNATIVES SOURCE OF FUNDING

3:13:48.

3:13:49UM, THIS IS A GOOD CONVERSATION

3:13:51TO HAVE AS A COUNCIL TO SEE

3:13:52WHAT DIRECTION AND HOW DO YOU

3:13:54WANT TO ALLOCATE OUR RESOURCES

3:13:55AND WHAT OUR PRIORITIES ARE.

3:13:57UM, AGAIN, JUST LOOKING FORWARD

3:13:59TO UH, CONTINUING THIS

3:14:01CONVERSATION, UH, TO MAKING A

3:14:03DECISION UM, UH, ON YOU KNOW

3:14:06WHAT OUR STANCE AS A BODY UM,

3:14:08WILL BE UH BUT AGAIN, THANK YOU

3:14:11FOR LENDING YOUR EXPERTISE,

3:14:13YOUR EXPERIENCE TO THIS

3:14:15CONVERSATION AND HOPEFULLY UM,

3:14:17WE WILL TAKE THAT INTO

3:14:18CONSIDERATION AND TRY TO FIND A

3:14:20WAY FORWARD.

3:14:21SO THANK YOU.

3:14:22UM, AND ALSO THANK YOU TO

3:14:23EVERYONE WHO CAME IN LENT THEIR

3:14:25VOICES THIS CONVERSATION.

3:14:27THANK YOU.

3:14:28>> I'D ALSO JUST LIKE TO TAKE A

3:14:29MOMENT TO THANK EXECUTIVE

3:14:30DIRECTOR LADY AND BROWN FOR HER

3:14:32WORK AND HER TESTIMONY THIS

3:14:34MORNING TO ALL THE PUBLIC

3:14:36TESTIMONIES THAT WE HEARD FROM

3:14:37MEMBERS OF THE COMMUNITY AND TO

3:14:39THE WORK THAT YOU ALL DO AS

3:14:40WELL, UM, FOR PROVIDING YOUR

3:14:43EXPERTISE IN THE SPECIFIC

3:14:44SECTORS THAT YOU GUYS WORK AND

3:14:45UM, WITH THAT THIS HEARING ON.

3:14:48YES SIR.

3:14:49LET ME JUST.

3:14:50MAKE A FINAL.

3:14:52QUICK REMARK.

3:14:54BECAUSE THE SIGNIFICANCE

3:14:57OF THESE CONVERSATIONS ARE

3:15:00GOING TO BE SO IMPORTANT NEXT.

3:15:01YEAR AND I THINK IT'S IMPORTANT

3:15:05AND.

3:15:07I THINK.

3:15:08FOR US TO BE HAVING THESE

3:15:10DISCUSSIONS THIS EARLY BEFORE A

3:15:12BUDGET NEXT YEAR, I THINK WE

3:15:15NEED MORE AND MORE OF THESE

3:15:16DISCUSSIONS BECAUSE THE MORE WE

3:15:18DISCUSS IT NOW BEFORE WE GET TO

3:15:21THAT POINT WE'LL BEGIN TO MAKE

3:15:23DECISIONS AS WE MAKE UH,

3:15:27CHOICES DURING THE BUDGET.

3:15:29SO I REALLY THANK YOU.

3:15:30FOR YOUR SUGGESTIONS

3:15:32OF RECOMMENDATION.

3:15:33I'M GOING TO LOOK AT THE.

3:15:34DATA UH, BECAUSE I THINK THE

3:15:36DATA REALLY TELLS.

3:15:38YOU WHERE YOU GO.

3:15:39WHERE YOU DON'T GO.

3:15:40LOOK, I JUST THINK IT'S

3:15:42IMPORTANT THAT WE START TALKING

3:15:44ABOUT THESE BUDGET ISSUES NOW

3:15:46AND NOT WAIT UNTIL THE LAST

3:15:47MINUTE AND TRY AND FIGURE OUT

3:15:49WHERE WE GO AT THE LAST MINUTE.

3:15:52SO I JUST WANT TO THANK YOU.

3:15:53THANK YOU, MR CHAIR.

3:15:54THIS HEARING AND THANK YOU SO

3:15:56WELL I NEED STAFF BECAUSE I

3:15:58THINK.

3:15:58WE NEED MORE OF THESE HEARINGS

3:16:00ON THE DIFFERENT AREAS THAT WE

3:16:03KNOW WE'RE GOING TO HAVE

3:16:04TROUBLE WITH WHEN BUDGET TIME

3:16:06COMES, THE MORE WE DISCUSS IT

3:16:07NOW, UH, THE BETTER PREPARED

3:16:09WILL BE WITH INFORMATION ABOUT

3:16:12WHICH WAY WE GO NEXT.

3:16:14YEAH.

3:16:14THANK YOU SO MUCH.

3:16:15THANK YOU.

3:16:16THIS HEARING ON DOCKET NUMBER

3:16:191601 IS ADJOURNED.

3:16:21THANK YOU, THANK YOU.

3:16:30UM.

3:16:34>> GO.