2026-09-23 - Brownfield Redevelopment Authority

Summary

Built from the City's posted agenda and YouTube auto-generated captions. A minutes link is posted and was not read. Names and figures are as captioned and may be misspelled; all votes were voice votes with no recorded counts.

  • Two directors were excused. Two members disclosed conflicts (one whose employer is named on the reimbursement list, one whose client is seeking reimbursement); no public comment.
  • Minutes of the August 26 meeting approved.
  • Interlocal agreement with the DDA for 443 Sheldon Ave SE approved. The DDA passes through 75% of captured tax increment, matching the approved brownfield plan; the project already holds a conditional state approval letter. Staff said future developer and reimbursement agreements will build in the interlocal terms so separate board actions are no longer needed.
  • Interlocal agreement with the DDA for 125 Ottawa Ave NW approved, at a 90% pass-through matching the brownfield plan and the DDA's approval. See 125 Ottawa Ave NW.
  • FY27 preliminary reimbursements: final tax data (taxable values and millage rates) was not yet available, so instead of approving estimated amounts the board approved reimbursement payments to be made after the City Treasurer's finalized tax data arrives, with the board treasurer, chair and executive director authorized to implement them under the existing agreements. The treasurer asked how the estimates were derived and noted the board has not seen recent financial statements.
  • LBRF grant of $30,000 for a single-family home at 1125 Alpine Ave NW approved. A west-side nonprofit housing organization is building it on a Land Bank lot for an estimated $178,000 sale to a household at or below 80% of area median income, with a five-year deed restriction. Members asked staff to include line-item project costs in future requests.
  • LBRF grant of $20,000 for a single-family home with an attached accessory unit at 720 Crosby approved. The sale is capped at $395,000 (the developer expects about $360,000 against about $385,000 in costs) and no income band applies; the grant offsets unforeseen soil-removal costs. Members questioned what would trigger the grant and how compliance would be checked, and staff said flexibility was needed given cost changes.
  • September environmental site assessment report approved: a $3,000 Phase I assessment for 217 Fox St SW, where a team is studying at least 11 housing units. With it, about a third of the year's allowable program funding is earmarked, about a quarter of the way through the fiscal year.
  • Other business: new staff for approvals and intake start in October; an outside firm is doing initial plan reviews within the board's $15,000 service authority; the office is working with Community Development on compliance monitoring for housing projects; the emerging developer grant program awaits a December decision by the affordable housing fund board on funding five unfunded applications, and the subcommittee may add members; a proposal to pair a $1 million state appropriation with $425,000 in FY25 equity funds for an economic development corporation revolving loan fund is being developed.
  • See Brownfield Projects and Reimbursements.

Agenda

  • Interlocal agreements with the DDA for 443 Sheldon Ave SE and 125 Ottawa Ave NW
  • FY27 preliminary reimbursements
  • LBRF grants for 1125 Alpine Ave NW and 720 Crosby

Sources

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Transcript

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Transcript

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07:20>> and I call this meeting to order.

07:23Uh we do have uh a handful of excused

07:26absences this morning. Uh, Director

07:28Dillard, Director Rabo, I believe that's

07:31it. Uh, do I have a motion?

07:34>> So, move

07:35>> support.

07:36>> All those in favor say I.

07:37>> I.

07:38>> Opposed?

07:39>> Motion carries.

07:42Our next item is public comment on

07:44agenda items.

07:50Okay. Hearing none. Uh, moving on to any

07:53conflicts of interest. Yeah, I just have

07:56one to at least report or ask about. Um,

08:00the organization I work for is one of

08:02the named parties on the reimbursement

08:04list that is up for discussion. Um, we

08:08are not set to receive any additional

08:10funds by that decision, but putting it

08:13out there that yeah, my employer is

08:16named. Okay.

08:22>> I would be happy to. Thank you.

08:25A client of mine is um seeking

08:27reimbursement as well.

08:29>> Okay.

08:29>> So,

08:32>> anyone else?

08:35>> All right. Moving on to approval of our

08:38minutes from our August 26, 2026

08:41meeting. Do I have a motion?

08:45>> Any questions or discussion?

08:49All those in favor say I.

08:51>> I.

08:51>> Opposed?

08:53Motion carries.

08:56Moving on to our action items. Uh the

08:58first is a resolution approving and

09:00authorizing the execution of an

09:02interlocal agreement between the city of

09:04Grand Rapids Brownfield Redevelopment

09:06Authority and the City of Grand Rapids

09:08Downtown Development Authority for the

09:11443 Sheldon Avenue Southeast

09:13redevelopment project. Do I have a

09:15motion?

09:16>> So moved.

09:17>> Support.

09:19>> Audrey. Good morning.

09:20>> Good morning everyone. This is a project

09:22you've seen before a few times. This is

09:24the 443 Sheldon redevelopment project

09:27which is not only a landbank lot but

09:29also an emerging developer project who

09:32um has already moved its way through

09:34almost all of the local approvals. This

09:36is the only kind of outstanding matter

09:38to attend to um which is again

09:41authorizing the interlocal agreement

09:43between the bar and the DDA uh to

09:45account for I believe 75% of pass

09:48through uh in alignment with the

09:50brownfield plan that was approved by

09:53this body and city commission and which

09:55has already been approved by the DDA. So

09:58um luckily this this kind of outstanding

10:00action item has not affected its state

10:02approval process. This project already

10:04has a conditional approval letter from

10:06MISTA on file. Um, this is just one more

10:09item to to clean up before and as we set

10:11it up uh for capture and reimbursement

10:14uh uh upon completion of construction.

10:16So with that, I will take questions.

10:20Just one more comment. Audrey, thank you

10:22for the overview. I just want to make um

10:23call some attention to we're doing it a

10:25little bit different on a going forward

10:26basis. And I mentioned this to the chair

10:28uh that we folded uh this item into our

10:31future uh developer and reimbursement

10:33agreements to allow for interlocal

10:35agreements to happen instead of having a

10:36separate board action. So I think

10:39hopefully this will be the last couple

10:40that we see. Um and if not we're we're

10:42trying to make it more efficient. And

10:44then also uh Doug from our office got to

10:48celebrate in the groundbreaking a couple

10:49of Saturdays ago. So thank you for

10:51representing us Doug. It was great

10:53pictures.

10:55>> Thank you. Any

10:57uh other discussion or questions on

10:59that?

11:03Okay. Hearing none, we have a motion on

11:05the table. All those in favor say I.

11:07>> I.

11:08>> Opposed.

11:10Motion carries.

11:12Our next item is a resolution approving

11:14and authorizing the execution of an

11:16interlocal agreement between the city of

11:18Grand Rapids Brownfield Redevelopment

11:20Authority and the City of Grand Rapids

11:22downtown Development Authority for the

11:24125 Ottawa redevelopment project. Do I

11:28have a motion

11:30support

11:33>> similar format of the request here for

11:35125 Ottawa? Again, this project has also

11:38already moved through all other local

11:40approvals and received its conditional

11:42um approval letter from MISTA. The

11:44interlocal percentage being requested

11:46here is 90% in alignment with the

11:48brownfield plan and also in alignment

11:50with what the DDA has already uh

11:51approved for this project. So, um other

11:54than that, I'll just take additional

11:55questions on this project.

12:00>> Any other questions or discussion?

12:05Okay, hearing none. All those in favor

12:08say I. I.

12:09>> I.

12:09>> Opposed.

12:11Motion carries.

12:13>> Okay.

12:15Our next item is approval of uh fiscal

12:18year 27 preliminary reimbursements.

12:22I will not be calling for a motion on

12:24this item. Um I I do want to just take a

12:28moment and

12:29um kind of set the stage for uh what

12:33direction we're heading with this. Uh

12:35the reality is that you know typically

12:37about this time of year uh we have the

12:40finalized values for dispersement of

12:43payments based on the development and

12:44reimbursement agreements that we've

12:46executed with our uh developer partners.

12:49Um the reality is that that we're behind

12:52and uh it sounds like we need a few more

12:55weeks uh to get to where we can finalize

12:58these numbers. Um our goal as an

13:01authority is to expedite and accurately

13:04make sure that these numbers reflect uh

13:07the values that will ultimately be

13:08dispersed to our uh developer partners.

13:11Uh and to that end, we want to support

13:13the city's effort uh to continue to work

13:16effectively and efficiently uh toward uh

13:19finalizing those values. So, um we do

13:23have an alternative to uh approving

13:25these preliminary rese.

13:39>> Sure. So, good morning everybody.

13:54Hello. Can you hear me? Is this is this

13:56thing on? Okay. [laughter]

13:58Um, as the chair pointed out, um,

14:00historically about this time of year,

14:02you get, um, a master spreadsheet

14:05showing all of the reimbursement amounts

14:07actually calculated based on, um, and

14:11following receipt of the city treasures

14:14finalized tax data that applies, the

14:16millages, um, the finalized taxable

14:19values and millage rates, etc. Um, so

14:22you're approving actual numbers at that

14:24point. today. Um this year we don't have

14:29those quite yet. And so rather than

14:32having you approve some numbers that are

14:34based on um appreciation or something

14:38like that, um you can approve these

14:41reimbursement payments to be made

14:43following receipt of and based upon

14:45those finalized numbers when they come

14:46in, which should be very soon is my

14:48understanding. Um, and so, uh, we have

14:52an alternative motion drafted that

14:54allows you to again approve those

14:56reimbursement payments to be made

14:59following receipt of that finalized tax

15:01data. Um, and then you're essentially

15:05delegating that implementation to your

15:07Brownfield board treasurer in

15:09conjunction with the board chair and

15:11executive director. And this way the

15:13payments go out. you're not holding

15:15anything up for developers, but you're

15:17you're also making sure that it's it's

15:19based on um and consistent with that

15:22that finalized tax data. So, it's a

15:24little bit more accurate. And also, of

15:26course, we you review and approve the

15:30terms of reimbursement every time you

15:32approve a development and reimbursement

15:34agreement. Right? So, this this process

15:36is very transparent and clean, but this

15:39year, um, we're just suggesting that you

15:42do it a little bit differently to wait

15:43for those finalized tax numbers to come

15:45in.

15:47And you do this, it's it's not that

15:49unusual for you to do this kind of thing

15:51because sometimes you approve the terms

15:54of an agreement without actually seeing

15:56the agreement and that is perfectly

15:58legal. So,

16:00>> any questions about this this approach?

16:03>> Yeah, Mr. treasurer.

16:06>> Thank you, Jessica. My uh

16:09interest, it it doesn't rise to the

16:11level of concern, but my interest as the

16:13the treasurer really had to do with uh

16:16in reading the packet last week, you

16:18know, how we came to the to the

16:20calculations, right, of of the estimate

16:23and what was the precedent, what was it,

16:25you know, based upon. Um so I um am

16:30happy to hear that there's a there's a

16:32plan to uh you know foot this to the

16:35actual numbers and u you know on on the

16:39other on the other hand uh I had a a

16:42passing thought while also reading the

16:44packet about uh you know not having seen

16:47financial statements for uh a period of

16:50time uh and certainly

16:54irrespective of you know issuing the

16:56payments

16:57on actual numbers or estimates won't

17:00affect uh this body's financial

17:02condition materially but I just you know

17:05having an estimate in this hand on this

17:07topic and you know having going from

17:10memory about where sort of where we are

17:12financially um you know just gave me a

17:15little bit of pause that um that you

17:17know that I shared with with the chair

17:19and so I appreciate uh the work that's

17:22been done here in the last you know uh

17:25since the packet went out in in this

17:27moment uh to come up with a workable

17:29solution. So, thank you.

17:33>> Thank you, Mr. Treasure. Any other

17:36questions or discussion?

17:40>> I just want to uh chair I just want to

17:42call some attention to the work to get

17:44us to today. I think there were a lot of

17:46creative solutions being proposed to try

17:48to maintain customer expectations around

17:50your dispersement. And um while there

17:53was methodology behind those numbers,

17:55they they were estimates of course um

17:57that would allow some of the work to

17:59advance. So I think that we're I I think

18:01there's a lot of ways to get to an end

18:02here. And I um obviously we want to be

18:06as transparent as possible about the

18:07process. Um but we're also trying to

18:10maintain um expectations for our

18:12development community. So, I appreciate

18:15the the dialogue this morning.

18:18And also just the staff's work to get us

18:20here today to today.

18:25>> Okay. Thank you. I think we're good,

18:27Jessica. Thank you.

18:28>> Okay. I just want to apologize for the

18:30length of the motion.

18:31>> It's okay [laughter] to settle in

18:33everybody. Thank you. [clears throat]

18:34>> All right.

18:38Okay. So, uh, hearing no further

18:40discussion,

18:41um, I'm going to read our proposed, um,

18:44resolution.

18:46Uh it is to approve the fiscal year 2027

18:50Brownfield Authority tax increment

18:52reimbursement payments to be made

18:54following receipt of and based upon the

18:57city treasurer's finalized tax data

19:00applying finalized taxable values and

19:03millage rates to calculate tax increment

19:05revenue for each brownfield project as

19:08well as actual tax collections, state

19:11education tax withholding amounts and

19:14other project specific adjustments.

19:15ments. All needed to calculate the

19:18fiscal year 2027 tax increment revenue.

19:22Quotes the data and to authorize the

19:25authority board treasurer in conjunction

19:28with the authority board chair and

19:30executive director to implement this

19:33authority board approval and such

19:35payments in accordance with the data and

19:38the terms and conditions of existing

19:40board approved development and

19:42reimbursement agreements.

19:45Do I have a motion?

19:48>> So moved.

19:51>> All those in favor say I.

19:53>> I.

19:53>> I.

19:54>> Opposed.

19:56>> Motion carries. Thanks everyone.

20:14Thank you.

20:25Okay. Our next action item is a

20:27resolution approving and authorizing the

20:29execution of a local brownfield

20:32revolving fund grant agreement for a

20:34project to be located at 1125 Alpine

20:37Avenue Northwest. Do I have a motion?

20:45>> Audrey,

20:46>> good morning. It is my um joy and

20:48pleasure to bring you something new for

20:50this agenda item uh which is an LBRF

20:54grant request supporting a single family

20:56home development that is uh being

20:58proposed by Westtown Jubilee in

21:00accordance with its purchase agreement

21:02and it's having been awarded this

21:04property from the Grand Rapids Land

21:06Bank. Uh this is um a lot that they will

21:09create a single family home

21:10redevelopment on and it is a

21:11collaborative project. This organization

21:13has um tackled 50 or so other

21:16developments of this nature um with

21:18being supported with inind contributions

21:20of materials and labor in addition to

21:22funds being spent on construction. So

21:25ideal well not ideally they are always

21:27target um and will target this home for

21:29sale at or below 80% AMI household. uh

21:33given that they already have a buyer in

21:35mind, they have a specific price that

21:37they have landed on, which is estimated

21:38sale price of $178,000.

21:42And when we compare that to the uh cost

21:44to build factoring factoring in those

21:46inind contributions of materials and

21:48labor, they're looking at um a gap of

21:50$30,000 in order to be able to price and

21:53sell this home to an incomequalified

21:56household. So given that the LBRF's

21:59funding priority has been uh home

22:01ownership for special projects, we are

22:04presenting to you a $30,000 grant

22:06request to support this single family

22:08home development um and offset that that

22:10gap of development. So the eligible

22:13activity is considered a housing

22:15activity and development loss under act

22:17381. And so that is the um the

22:20qualifying criteria for this project. If

22:22you have questions about the project

22:24details, we do have uh the executive

22:26director here, Jeff, who can speak to it

22:28um if you have additional questions or

22:30want to hear from Westtown Jubilee.

22:33>> Thank you, Audrey. Any questions or

22:35discussions for the applicant?

22:40>> My my question is is for staff.

22:42[clears throat]

22:43Um, I presume that we have reviewed the

22:47project costs in in detail. Um, and that

22:50they're, you know, they're eligible and

22:52it it uh it's appropriate. Um, I'm I'm

22:56wondering if for future requests we can

22:59maybe include just a summary of the uh

23:02line item, you know, project costs.

23:06>> Uh, noted and happy to share that with

23:08you afterwards just for your own

23:09education and awareness. um that is

23:11something that staff reviewed ahead of

23:13time. Uh and that's kind of why we add

23:15the caveat of if this sounds like it's

23:16an inexpensive build, it's because they

23:18really do leverage their um their

23:20contributions of of materials and labor

23:22and kind of their network to produce

23:24their homes. That's their their model of

23:26affordability that they use. So, but it

23:28is a good question and we can include

23:29that in future requests.

23:32>> Mr. Chair, I'm I'm just curious about

23:34this project and I mean are there

23:36requirements for the purchaser to own

23:40the property for a certain amount of

23:41time or how how how do they handle you

23:45know future sales and and you know

23:48equity generated in the home?

23:50>> This this might be a tag team question

23:52between myself and Doug. I believe from

23:54the from the BRA's perspective in the

23:56grant agreement um it's tied to

23:58demonstrating uh the household income of

24:01the purchasing entity that says hey this

24:04is we already know the price um and we

24:06want to verify that the purchaser meets

24:08this AMI threshold. I think Doug pointed

24:11out an interesting um cav or fact about

24:14this property is this is a property that

24:16started at the state land bank and we

24:18are kind of inheriting their purchase

24:20agreement so to speak. So it may lack

24:22some provisions that say the following

24:24agenda item includes um in terms of

24:26teeth. But I'll leave uh the technical

24:29questions if you have

24:31additional um additional questions

24:33there. I am going to punt to our land

24:35land bank expert beside me.

24:41>> Okay. So yes 1125 was actually the land

24:44bank's first sale. Um and it did it came

24:46over from the state land bank. Uh so

24:48they were, you know, essentially baking

24:51it there. Uh and then we received it

24:54February 1st, 2025. Um I believe

24:59>> I think there's a deed restriction.

25:00There is. So yeah, so it's a 5-year deed

25:03restriction. Um with the land bank, we

25:05receive 50% of the property taxes for

25:08the first 5 years post sale. Um so

25:10that's the length of our deed

25:11restrictions. And so yes, there is a

25:12deed restriction for 80% AMI sales u for

25:16the first 5 years.

25:19Thank you.

25:20>> Does uh Doug so at the end of that five

25:23years is there some incremental increase

25:26to get you know to a higher ami or is it

25:29just whatever the market value is or I

25:31guess how's that work

25:32>> at that point the deed restrictions

25:34removed um you know they really have the

25:37leverage to do what they want at that

25:39time um just cuz that's really the

25:42length that the of a restriction that I

25:44believe the land bank can Okay. Thank

25:47you.

25:50>> My comment is also just for staff.

25:52Excited to see this definition of the

25:54LBRRF priorities um implemented in this

25:57way um celebrating affordable home

26:01ownership, attainable home ownership for

26:02our neighbors at or below 80%. So, um I

26:06know home ownership has always been a

26:08priority. I'm excited to see you combine

26:10it with quote unquote special projects

26:12and excited to see the definition of

26:14that being used as land bank uh property

26:17sales for that home ownership piece. So

26:21um just a creative way to approach the

26:23use of LBRF grant funds and excited to

26:26support it.

26:29>> Great.

26:31>> Okay. Any other questions or discussions

26:34on this?

26:36Oh, sure. Um, would you like to maybe

26:38share a little bit of background?

26:40>> Oh, me? Yeah.

26:40>> Yeah.

26:41>> Great.

26:49>> Good morning.

26:50>> Good morning.

26:50>> My name is Jeff Ravelt. I'm executive

26:52director at Westtown Jubilee Housing.

26:54Um, a little bit of background about

26:56Westtown is we were founded about 1992.

27:00um primarily on the west side of Grand

27:02Rapids to help combat very neglected

27:05rental properties and uh vacant homes

27:09and and different things. Um and as part

27:11of that has been our home ownership

27:13program that we've been doing. Um we

27:17average probably like one home a year.

27:18We're a pretty small organization.

27:21Um

27:23uh a lot of it is volunteer help. Uh

27:26lately it's been me like I'm basically

27:28building this house uh framing it in

27:31right now.

27:32Um we're excited about the homeowner

27:35that we've selected. Uh she's a single

27:37mom that uh fits at the 65% AMI.

27:42Um so this, you know, the price even at

27:45178 is very challenging for her to to

27:48make it, but she can make it. Um, so

27:51yeah, this would be huge for her to be

27:52able to get this for for that for her.

27:55So,

27:57does anybody have any questions

27:59specifically?

28:01>> Okay.

28:02>> Thanks. Appreciate it.

28:04>> Thank you.

28:08>> Okay. Uh, we have a motion on the table.

28:11All those in favor say I.

28:12>> I. I.

28:13>> Opposed.

28:14>> Motion carries.

28:16>> Thank you.

28:18>> You're welcome. Good luck. Uh the next

28:20item is a resolution approving and

28:23authorizing the execution of a local

28:25brownfield revolving fund grant

28:26agreement for a project to be located at

28:29720 Crosby. Do I have a motion?

28:32>> So moved.

28:35Done.

28:35>> All right. Good morning board. Me again.

28:37Um so uh we have another Land Bank

28:40property uh 720 Crosby Northwest. Um I

28:44believe this is our last buildable lot

28:46on the west side for now.

28:49Don't quote me on that. Um, but David

28:53Built uh is the developer here and he is

28:57developing a single family home with an

29:00attached ADU. Um, this was a vacant lot.

29:03Uh and because of um it being a land

29:07bank lot, there were some unforeseen um

29:12development challenges uh within this

29:14when they were doing some of the soil

29:16removal and um things such as that which

29:20is why uh we are bringing this up. you

29:22know, within this one, it is going to be

29:26three twotory, threebedroom, one and a

29:28half bath. Um, plus the studio ADU. Um,

29:35with this, we are not necessarily

29:37attaching an AMI band to this sale. Um,

29:41the deed has not been transferred yet,

29:43but we are going to restrict the sale up

29:46to $395,000.

29:48Um the estimated or the development

29:52costs have been around $385,000

29:55and he is anticipating selling it for

29:57$360,000.

29:59Um we're requesting a $20,000 LBRF grant

30:02uh to really help with some of those

30:05unforeseen development

30:07uh activities. Um, additionally, you

30:10know, within Act 381, uh, being a

30:13landbank lot, but also a home ownership

30:16property, uh, is really where we are,

30:19um, coming from. Uh, so, you know, David

30:24is here, so I can invite him up to share

30:27a little bit more about the project. I'm

30:28excited to see this one come to life. uh

30:31you know, we're also seeing this as a

30:33potential uh income generating

30:35opportunity for the owner uh with that

30:38attached ADU and creating that rental

30:40opportunity. So, um David, if you want

30:43to Doug,

30:44>> can I just ask before you finish then?

30:46So, uh there's about a $5,000 gap

30:49between um cost and sale price, $20,000

30:54grant, I guess. how how uh how's the

30:575,000, you know, being sourced or

31:00>> So, within this, it's personal equity.

31:03Um he also has a construction loan. Um

31:06so, you know, within this, this is uh

31:10still what we're able to do to allow it

31:12to still be able to sell at that 360.

31:16>> So, so they're not taking a loss?

31:18>> No, I don't.

31:19>> Okay.

31:22>> Okay. [laughter]

31:23It's like,

31:24>> yeah, feel free.

31:30>> Good morning, everybody.

31:31>> Good morning.

31:31>> My name is David Bolt. Um, I've known

31:34some of you, I believe, from my work

31:35over at Nextup West Michigan. I used to

31:37be the executive director there. So, we

31:38did uh Hope Village, which I'm sure

31:40you're aware of, and then some single

31:41family homes. So got to know Doug and

31:44the staff through that land bank process

31:46where we purchased a number of land bank

31:48lots where we did single family homes

31:50and then also the 16 unit uh hope

31:52village. Um, so for this project, one of

31:55the things when I was director and also

31:57on staff at NextStep, there's a huge

31:59need, we did workforce training, but

32:01there's also this need for housing.

32:03Obviously, we know it. And so creating

32:05housing where the twostory could be the

32:08primary residence for the homeowner and

32:11then having rental income anywhere from,

32:13$1,100, $1,200 for that ADU. Or they

32:16could swap. the owner could live in the

32:17ADU and rent that front portion out for

32:20maybe 2,000 2200 somewhere in that

32:22range. So it really it's like buying two

32:25houses instead of one. You're buying a

32:28$260,000ish

32:29dollar two-story residence and you're

32:31buying a $100,000 ADU is if you want to

32:34look at it that way. So that's that's

32:35why the build is a little bit more

32:37expensive. Uh that gap is me personally

32:39as a new um I got my Michigan

32:42residential builder's license recently

32:44and as the developer I think I wrote in

32:465% mo most times right as the GC most

32:51times those GC fees are anywhere from 10

32:52to 25%. I put five I'd be I'd be happy

32:55if I got five on this one. So there's a

32:58little bit less for me personally as a

33:00general contractor. Another thing on

33:01this project I want to point out is that

33:03we're going to utilize as much as

33:05possible the construction allies and

33:06action network. If you know them,

33:08minority womenowned micro business

33:11enterprises and uh so hopefully

33:14launching that. My son is here in the

33:15room as well and he's hoping to be a

33:16microenterprise. I'm trying to get him

33:18trained up in carpentry. So that's

33:20that's the goal. Thank you.

33:23>> Thank you.

33:26>> I just had one uh logistical question.

33:28And so we talked about how in the last

33:31deal the signal of the award or the

33:34signal of like the job completed to be

33:37reimbursed was the 80% AMI home buyer

33:41income verification. That isn't a part

33:44of this which um I think is the right

33:46decision for this type of home. Um, I

33:50think if someone wants to live

33:51intergenerationally, that could mean

33:53that their household could exceed 80%

33:57even though the reality is we might be

33:59serving two families at 80%. So, I I

34:02agree with that decision. Um, I will say

34:06your deed restriction referenced 395,

34:10but then your sales price, which is how

34:13you're justifying the grant amount, is

34:15360.

34:17What will be your trigger to be like,

34:18"Yep, you you did what you promised.

34:22Here's the grant."

34:26>> Um, I mean, with this one, the deed has

34:29not been transferred. So, we are going

34:31to attach that deed restriction. Um, you

34:34know, within this, I stay in contact

34:37with land banks through out build. Um,

34:40mainly for selfish reasons to pay

34:43attention and get pictures. But um yeah,

34:46I mean with this we don't necessarily

34:49have um the capacity per se for the

34:55compliance checking that I think you're

34:58asking about at this time.

35:00>> I think I'm curious. Can we make the

35:02deed restriction for the initial sale at

35:04360 justifying this application and then

35:08you can have an incremental increase

35:10over the 5year deed restriction time?

35:13I would so so if I may um I I I think

35:18another way another way to consider this

35:20is um you know there are some factors

35:23out there with inflation materials

35:25interest rates it's quite possible that

35:26today we're suggesting it's 360 but by

35:29the time this thing

35:31>> or even the the cost at 385 by the time

35:33this thing's built stabilized and

35:35occupied that cost could be much higher.

35:37So, I I would just offer that we

35:40maintain some flexibility wi-i, you

35:42know, with this current gap. Um, and and

35:46sure, I mean, I I think we should stay

35:48engaged to check on progress and and

35:50where you're ending up with these

35:51things, but that that would that would

35:53be my

35:53>> So, just more of like proof that a gap

35:56existed at the time of sale is what

35:58we're looking for. That makes sense.

36:00>> Okay.

36:01>> Okay. Any other questions or discussion?

36:07Okay. Uh, we have a motion on the table.

36:09All those in favor say I. I.

36:11>> I.

36:11>> Opposed. Motion carries.

36:15All right. Our last action item is an

36:17activity report uh for our brownfield

36:20authorities environmental site

36:22assessment program for September 2026.

36:25Do I have a motion?

36:26>> So move.

36:27>> Support.

36:29Audrey.

36:30>> Good morning. Once again, the final item

36:32for today is the ESA grant report for

36:34September. This month we have a single

36:36request to act act on which is a phase

36:38one environmental site assessment uh for

36:41a team that is uh assessing the

36:43feasibility of at least 11 units at 217

36:46Fox Street Southwest. Uh the cost in the

36:49request is $3,000 a tied tied to that

36:52phase one. Uh this um is eligible based

36:55on its potential to create housing units

36:57and the anticipated private investment

36:59that would occur if it is found

37:01feasible. So, if this is approved today,

37:04um the board will have earmarked

37:06approximately really close to a third of

37:08the total allowable program funding for

37:11the fiscal year. And that puts us about

37:13a quarter of the way through the fiscal

37:14year. So, we are pacing uh fairly well.

37:22>> Okay, thank you. Any questions on this

37:24one?

37:28>> Okay.

37:30All right. noted.

37:32Uh then all those in favor say I.

37:34>> I

37:35>> I

37:35>> opposed. Motion carries. Thank you,

37:38Audrey.

37:40>> All right, moving on to other business.

37:44>> I have some things chair.

37:47>> Um so I wanted to just update you guys

37:49on a few different things. First, I

37:51mentioned at the last meeting that we

37:53have posted some positions and um we

37:58made offers on those positions. So just

38:00as a reminder in the last year we added

38:02capacity um to the post approval part of

38:07the process right so to support uh

38:09Margaret's work um which is formerly

38:11Christian's work right so we've added a

38:13person there uh we made an offer on that

38:15position and expect that uh person to

38:18start in October and then similarly um

38:21to support the front end um and the work

38:24that Audrey's doing on intake we um

38:26posted a position there with Mackenzie's

38:29departure Sure. Right. Just making sure.

38:30Okay. Um and so we expect a we expect a

38:34position or a person to be starting in

38:35October for that position as well. And

38:38um just to say that we're um trying to

38:43again um think differently of how we're

38:46doing things in the office and um

38:49leverage expertise where we where we

38:51need to. Um, in the meantime, because of

38:53some of the gaps that we've had with

38:55just staff changes, we've done a couple

38:58of things that I just want to make sure

39:00the board is uh aware of um to make sure

39:04that we're advancing the work. And so,

39:06one of the things that we've been doing

39:07is we've been leveraging outside

39:08expertise to do initial plan reviews. So

39:11when we get brownfield plan reviews um

39:14in uh as part of intake to help

39:16streamline uh some of the work for the

39:18intake side and keep those customers um

39:21you know keep the responsiveness to the

39:23customers and uh projects moving. Uh

39:25we've been doing that. Um and then the

39:28other thing that we've been working for

39:29the last six plus months on um is

39:32working alongside our community

39:33development department um because this

39:36is the first year that we've anticip or

39:38we've had housing projects coming

39:40online. Right. So um from a compliance

39:43and monitoring perspective, we are we

39:45are not compliance and h housing

39:46monitoring uh staff members. And so

39:49we've been leveraging the expertise in

39:50the community development department uh

39:52to bring online

39:54uh um more specific knowledge around how

39:58we're going to be maintaining those

40:00projects going forward. So um feeling

40:02good about the the cadence there and

40:04happy to give as there's more finality

40:07with that um

40:09process an update more specifically to

40:12the board um of all the nooks and

40:15crannies there. Um and then separately

40:18of of staff um we've been uh we've been

40:24working um

40:27or we've been I shouldn't say excuse me

40:30I just need to just I sound like a frog.

40:33Yeah.

40:36Um,

40:38we've been having a lot of inquiries

40:40around our emerging developer grants or

40:42the the programming there. And I just

40:44want to remind the board that last week

40:47there was an affordable housing fund

40:48board workshop where I was invited to

40:51present an update on that um programming

40:54and ultimately uh asked for partnership

40:57from that board on some of their

40:59funding. um both to um help us fund the

41:05five applications that we were not able

41:07to fund at the time we closed the

41:08applications uh to consider future

41:11funding for projects to just say hey to

41:14the community this is an important part

41:15of the ecosystem and then also to

41:18provide a focus on technical assistance

41:21because I've been really reluctant to

41:22bring um activate that um back up

41:27obviously with revisions from the

41:30engagement of the subcommittee um

41:34without more uh folks around the table,

41:36right? More folks around the table and

41:38more money around the table. Um and so

41:40we expect the affordable housing fund to

41:43make a decision in December around those

41:45dollars. And I I think that it's uh

41:48probably good timing to to have a more

41:52regular cadence with the subcommittee.

41:54and we've had a few new members of the

41:55board. So, um possibly adding a couple

41:58of folks to that subcommittee um and

42:01talking more specifically about how and

42:03what the future really looks like for

42:04the emerging developer grant uh dollars.

42:07And then similarly, and we had a little

42:09bit of dialogue on this on the last uh

42:11board meeting, it was around the

42:12economic development corporation's

42:14revolving loan fund. Um and between the

42:18last board meeting and and today, um

42:22there's been a there's been advocacy to

42:26take the dollars that Representative

42:28Grant was successful at advocating for.

42:30So that million dollars from Lancing and

42:32couple that with the work that we were

42:34pursuing with the $425,000

42:38um from fiscal year 25 third word equity

42:40fund money. And so to pair those dollars

42:43instead of um looking at it more from a

42:46small business standpoint

42:48um with Rep. Grant's uh focus more um

42:52more holistically on real estate as

42:54well. And so I think that um activating

42:57the subcommittee and and just trying to

42:59finalize again how we can roll that best

43:03out. Um I think some of the foundation

43:05that we've already engaged on with

43:08regard to the memorandum understanding

43:10between the city and the economic

43:12development corporation still would

43:13maintain uh valuable um but we would

43:17want to polish the request for proposals

43:19that would ultimately go out to help us

43:22um possibly administer uh that RLF. Um

43:26so that is what I know. Um, and I'm

43:29happy to take questions or have more

43:32dialogue.

43:34Thanks.

43:37>> Thank you. I I just going back to your

43:39initial uh comment there. You mentioned

43:41uh outside expertise to do plan reviews.

43:44I guess who who is that? Um

43:47>> we've been using fishback.

43:48>> Fishbach.

43:51>> I I guess I wasn't aware that we had

43:52actually executed a contract with them.

43:56We um so I was uh working under the

43:59office of the authority that the board

44:01granted up to the 15,000 um is for

44:04service agreements, Jeff. Okay. Um

44:06>> and so um the the the

44:10previous request for proposals where we

44:13interviewed for underwriting um as

44:16separate um but engage them on plan

44:19reviews.

44:21>> Yeah.

44:21>> Okay. So they're doing all that within

44:24the 15K. Yeah.

44:26>> Reauthorization. Okay. Thank you.

44:30>> Any other questions? Uh responses to our

44:33director.

44:35>> Um is the subcommittee for the emerging

44:38developers is that an existing

44:41subcommittee or is that need to be do we

44:43need to make a motion to form it and

44:45then take volunteers?

44:46>> Yeah. No, the the subcommittee had been

44:48talking both about um the housing tiff

44:50guidelines uh and also the emerging

44:53developer work. Um, I think it last

44:55convened early summer. It was supposed

44:57to convene again in August, but there

44:59was a cancellation of that one. And so I

45:01think that there's opportunity to polish

45:03uh what that group looks like.

45:07[snorts]

45:09Thank you. Um, I appreciate the comments

45:12about the um the subcommittee and what

45:16work can be done. I think another thing

45:18on the horizon is we're 40 days away

45:22from the election and so I think there

45:23will be a lot of you know we've heard

45:25reports about changes at MEEDC there's

45:28obviously going to be you know a new

45:30governor a new senator and so just

45:32trying to understand what those entities

45:35priorities are and how do we fit into

45:37that um Miss Reneo and I talked

45:40yesterday just about you know as we look

45:42at trying to say okay you have emerging

45:44developers and we have the environmental

45:45assessment grant and then we have this

45:46other money from rep grant and we have

45:48this revolving fund. How do we continue

45:50to identify how do we braid this money

45:52and are there is there other money in

45:55other spaces for things like uh

45:57environmental assessments grants and

45:59then how do you make up more money over

46:01here? We've heard so much probably most

46:03commission meetings people are coming

46:04and asking about the emerging developer

46:06grants and and those projects. So just

46:09that continued focus on how do we uh

46:11make sure we're in front of whatever

46:13might be the priorities at the state

46:15level. be prepared for that and then um

46:18you know again just say these are not

46:21yes they are sole pots of money but how

46:23do we maximize their impact so thank you

46:27>> thank you that's good council appreciate

46:29that

46:31any other questions

46:34>> just one um

46:37and it was sparked by uh just the

46:39commissioner Sassy's comment about

46:41community members coming uh and asking

46:44about the emerging developer program.

46:45I'm sensitive to those uh developers in

46:48the so-called Q and whether they've been

46:52sort of uh touched along the way.

46:56>> Yes, thank you for the question. So, um

46:58we last touched base in June with those

47:00folks um wanting to ensure that there

47:04was still a project, there was still a

47:05request um and the scope was the same so

47:08that we could use those numbers to make

47:10an ask to the affordable housing fund

47:12board. Um, so, uh, we could we could

47:14probably, uh, round that, uh, gate again

47:17and and make sure that they know what's

47:19going on, um, with the more recent

47:20information that the board anticipates

47:22making a decision in December.

47:24>> Thank you.

47:24>> Yeah.

47:28>> All right. Good discussion.

47:30Uh, moving on to public comment.

47:38Okay. Hearing none, uh, the meeting's

47:40journ. Thank you so much.

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