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TAMPA CITY COUNCIL WORKSHOP
THURSDAY, FEBRUARY 29, 2024, 9:00 A.M.

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9:07:04AM [ SOUNDING GAVEL ]
9:07:06AM >>GUIDO MANISCALCO: GOOD MORNING, EVERYONE.
9:07:08AM I WOULD LIKE TO CALL THIS CITY COUNCIL HOUSING WORKSHOP
9:07:12AM MEETING TO ORDER.
9:07:13AM AT THIS TIME, I YIELD TO COUNCIL MEMBER CARLSON TO WELCOME
9:07:16AM TODAY'S GUEST FOR OUR INVOCATION.
9:07:18AM >>BILL CARLSON: GOOD MORNING, EVERYONE.
9:07:20AM I HAVE THE PLEASURE TO INTRODUCE A FRIEND OF EVERYBODY.
9:07:26AM SORRY.
9:07:28AM I RAN UP THE STAIRS HERE.
9:07:29AM LINDA SAUL-SENA WHO SAT UP HERE.
9:07:32AM YOU PROBABLY HELPED DESIGN THIS, DIDN'T YOU?
9:07:34AM DID YOU HELP DESIGN THIS ROOM?
9:07:36AM HER FINGERPRINTS AND TOUCH ARE ALL OVER TAMPA.
9:07:40AM SHE SERVED FIVE TERMS ON TAMPA CITY COUNCIL, FOUR WERE
9:07:43AM CITYWIDE.
9:07:43AM YOU ALSO SERVED AS CHAIR MORE THAN ONCE.
9:07:47AM >> ONCE.

9:07:47AM >>BILL CARLSON: ONCE, OKAY.
9:07:48AM AND SHE'S CURRENTLY THE ADVOCACY CHAIR FOR THE CENTER FOR
9:07:52AM ARCHITECTURE AND DESIGN.
9:07:54AM SHE WRITES FOR CREATIVE LOAFING AND CO-CHAIRS THE
9:07:56AM PRESERVATION ROUNDTABLE.
9:07:58AM SHE ALSO IS A MEMBER OF CONGREGATION SCHAARAI ZEDEK.
9:08:09AM I WENT TO HER DAUGHTER'S BAR MITZVAH.
9:08:14AM I WELCOME LINDA AND ASK HER TO GIVE US A PRAYER AND THEN THE
9:08:19AM PLEDGE OF ALLEGIANCE.
9:08:20AM THANK YOU.
9:08:24AM >> LET US BE STILL.
9:08:26AM THANK YOU FOR LETTING ME START TODAY WITH YOU.
9:08:28AM AS COUNCIL MEMBERS, YOU FACE A FULL DAY OF SERVING OUR
9:08:33AM COMMUNITY.
9:08:35AM THOSE OF US IN THE AUDIENCE ARE DEEPLY GRATEFUL TO YOU AND
9:08:38AM OUR CITY STAFF FOR DEVOTING YOUR ENERGY TO IMPROVING TAMPA.
9:08:42AM I COMPLETELY UNDERSTAND THE PATIENCE, TIME, AND THOUGHT YOU
9:08:46AM BRING TO YOUR JOB AS COUNCIL MEMBERS.
9:08:48AM IT IS NOT EASY.
9:08:49AM BY CAREFULLY LISTENING TO OUR NEIGHBORS AND EACH OTHER, YOU
9:08:54AM CAN CREATE TOGETHER BETTER POLICIES AND DIRECTIONS FOR US
9:08:58AM ALL.
9:08:59AM YOU ARE ALL ARTISANS CRAFTING PUBLIC POLICY WHICH SHAPES OUR
9:09:03AM TOWN.
9:09:04AM BE THOUGHTFUL AND CAREFUL AS YOU MOLD THE RULES WHICH DIRECT

9:09:08AM OUR FUTURE.
9:09:10AM TODAY, LET US SHARE OUR LIGHT.
9:09:14AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
9:09:15AM [PLEDGE OF ALLEGIANCE]
9:09:32AM >>LYNN HURTAK: ALSO THIS MORNING, I WOULD LIKE TO HIGHLIGHT
9:09:35AM THAT WE HAVE SEVERAL MEMBERS OF OUR AHAC BOARD, OUR
9:09:40AM AFFORDABLE HOUSING ADVISORY COMMITTEE, HERE.
9:09:43AM IF THEY COULD FOR JUST A MOMENT COME UP AND INTRODUCE
9:09:47AM THEMSELVES.
9:09:47AM >>GUIDO MANISCALCO: SURE.
9:09:48AM LET'S DO ROLL CALL AND WE'LL GO RIGHT TO IT.
9:09:50AM >>LYNN HURTAK: SORRY.
9:09:56AM >>BILL CARLSON: HERE.
9:09:56AM >>LYNN HURTAK: HERE.
9:09:57AM >>ALAN CLENDENIN: HERE.
9:09:58AM >>GWEN HENDERSON: PRESENT.
9:10:00AM >>LUIS VIERA: HERE.
9:10:01AM >>CHARLIE MIRANDA: HERE.
9:10:02AM >>GUIDO MANISCALCO: HERE.
9:10:03AM >>THE CLERK: WE HAVE A PHYSICAL QUORUM.
9:10:04AM >>GUIDO MANISCALCO: ALL RIGHT.
9:10:06AM AHAC BOARD MEMBERS, COME ON UP, IF YOU'D LIKE, AND INTRODUCE
9:10:10AM YOURSELF.
9:10:10AM YES, MA'AM.
9:10:12AM >>LYNN HURTAK: IF YOU COULD INTRODUCE YOURSELVES AND SAY HOW

9:10:15AM YOU'RE INVOLVED IN AFFORDABLE HOUSING SO THAT OUR BOARD
9:10:19AM KNOWS THE DEPTH OF THE KNOWLEDGE OF OUR BOARD.
9:10:22AM >> MY NAME IS JENNYE HALL.
9:10:23AM I'M IN MY SECOND TERM ON THE AHAC COMMITTEE.
9:10:27AM MY ROLE IS I AM A CITIZEN OF THE GREAT CITY OF TAMPA.
9:10:34AM >> REALTOR.
9:10:36AM >> GOOD MORNING.
9:10:37AM HARRY HEDGES, CHAIRMAN OF AHAC.
9:10:39AM MY HONOR TO SERVE ON THAT POSITION FOR A NUMBER OF YEARS
9:10:44AM NOW.
9:10:44AM PAST PRESIDENT OF THE STATE ASSOCIATION OF HOUSING FINANCE
9:10:49AM AUTHORITY.
9:10:49AM I'VE BEEN INVOLVED IN AFFORDABLE HOUSING FROM THE FIRST TIME
9:10:54AM THE CITY STARTED IT MANY YEARS AGO.
9:10:58AM TO BE PART OF WHERE WE HAVE COME TODAY IS AN HONOR TO SERVE
9:11:02AM YOU AND OUR CITY.
9:11:07AM >> GOOD MORNING, COUNCIL.
9:11:09AM I'M RUSS VERSAGGI.
9:11:13AM I'VE BEEN ON AHAC A LITTLE OVER SEVEN YEARS.
9:11:17AM MY POSITION IN THERE IS AS A BUILDER OF AFFORDABLE AND
9:11:23AM MARKET-RATE HOUSING.
9:11:27AM >> GOOD MORNING.
9:11:28AM SHAWN WILSON, PRESIDENT OF BLUE SKY COMMUNITIES.
9:11:31AM AND I'M AN AFFORDABLE HOUSING DEVELOPER, AS MOST OF YOU
9:11:35AM KNOW.

9:11:37AM OUR COMPANY HAS BEEN AROUND FOR COMING UP ON 12 YEARS.
9:11:41AM I'VE BEEN DOING THIS JOB COMING UP ON 32 YEARS ALL AROUND
9:11:45AM THE STATE OF FLORIDA.
9:11:46AM WE HAVE AFFORDABLE HOUSING COMMUNITY UNDER CONSTRUCTION
9:11:49AM RIGHT NOW AT THE CORNER OF NEBRASKA AND BUSCH.
9:11:53AM THANK YOU VERY MUCH FOR YOUR SUPPORT ON THAT.
9:11:55AM THANK YOU.
9:11:57AM >>GUIDO MANISCALCO: ALL RIGHT.
9:11:57AM THANK YOU VERY MUCH.
9:11:58AM AS WE GO INTO THIS HOUSING WORKSHOP, THE MEETING THAT WE'RE
9:12:02AM HAVING TODAY, IT SAYS HERE ON THE AGENDA PUBLIC COMMENT, BUT
9:12:06AM THE STAFF HAS A VERY LENGTHY PRESENTATION DISCUSSING GOALS
9:12:11AM AND IDEAS IN REGARDS TO HOUSING IN GENERAL IN THE CITY OF
9:12:17AM TAMPA.
9:12:18AM I WAS GOING TO ASK COUNCIL, DO WE HEAR AND SEE THE
9:12:21AM PRESENTATION FIRST AND THEN GO TO PUBLIC COMMENT SO WE CAN
9:12:24AM SEE WHAT'S BEING PUT ON THE TABLE?
9:12:26AM OR ANY OTHER SUGGESTIONS.
9:12:28AM COUNCIL MEMBER HURTAK, COUNCIL MEMBER CARLSON.
9:12:30AM >>LYNN HURTAK: I BELIEVE THAT MR. DRUMGO IS GOING TO TALK
9:12:34AM ABOUT THAT.
9:12:34AM AS ALL OF US HAVE HAD A CHANCE TO SEE THE PRESENTATION
9:12:37AM ALREADY, THERE'S BUILT-IN Q & A SPOTS THAT HE SAID WOULD BE
9:12:41AM FOR BOTH COUNCIL QUESTIONS AND PUBLIC COMMENT, IF I REMEMBER
9:12:45AM THAT CORRECTLY, MR. DRUMGO.

9:12:47AM >>BILL CARLSON: CAN I SAY SOMETHING?
9:12:49AM >>GUIDO MANISCALCO: SURE.
9:12:50AM >>BILL CARLSON: WE RECEIVED THAT PRESENTATION -- I KNOW THE
9:12:52AM STAFF WORKED A LONG TIME ON IT.
9:12:54AM WE RECEIVED IT WEDNESDAY AFTERNOON, LATE WEDNESDAY
9:12:57AM AFTERNOON.
9:12:59AM LIKE THE REST OF YOU, I SPENT THE LAST 36 OR SO HOURS
9:13:02AM READING IT THREE TIMES.
9:13:04AM SPENT A COUPLE OF HOURS TALKING ON PHONE WITH STAFF, CALLED
9:13:07AM AS MANY HOUSING EXPERTS AS I COULD.
9:13:10AM THIS IS PROBABLY THE MOST COMPLETE HOUSING REPORT THAT'S
9:13:14AM EVER BEEN GIVEN TO THE CITY.
9:13:17AM IT'S WOEFULLY INCOMPLETE.
9:13:20AM IT HAS A LOT OF ISSUES WITH IT.
9:13:22AM AT THE END OF IT, WE'RE BEING ASKED TO MAKE DECISIONS TODAY.
9:13:27AM I PROPOSE THAT WE PUT THE GOAL SETTING AT THE BEGINNING
9:13:29AM BECAUSE THE GOAL SHOULD DRIVE THE PRESENTATION.
9:13:33AM WE'VE ALL READ THE PRESENTATION.
9:13:34AM THE PUBLIC NEEDS TO SEE THE PRESENTATION.
9:13:37AM MANY PEOPLE IN THE PUBLIC HAVE SEEN IT.
9:13:40AM BUT WE NEED TO COME UP WITH STRATEGIC HOUSING SOLUTIONS, AND
9:13:44AM WE NEED TO DO THINGS DIFFERENTLY THAN THE PAST.
9:13:47AM ONE THING WE'RE DOING DIFFERENTLY IS WE'RE PUTTING MORE
9:13:49AM MONEY THAN EVER BEFORE.
9:13:51AM E-MAILS, ABOUT 18 MILLION, I THINK THE TOTAL WE'RE PROPOSING

9:13:54AM TODAY IS HUNDRED MILLION WHERE THREE YEARS AGO THE MONEY WAS
9:13:57AM 5 MILLION AND BEFORE THAT ZERO.
9:13:59AM SO THIS IS A SIGNIFICANT STEP THAT THE CITY COUNCIL IS
9:14:02AM TAKING FORWARD.
9:14:03AM WE NEED TO BE GOOD CUSTODIANS OF THE MONEY AND WE NEED TO
9:14:06AM TALK ABOUT GOALS BEFORE WE GET INTO IT BECAUSE THERE IS A
9:14:09AM LOT OF OLD THINKING IN THE PRESENTATION THAT'S BASED ON WHAT
9:14:11AM THE CITY HAS BEEN DOING BEFORE, AND WE NEED TO THINK ABOUT
9:14:14AM WHAT WE CAN DO TO REALLY IMPACT HELPING PEOPLE IN OUR
9:14:18AM COMMUNITY.
9:14:18AM THERE IS A GREAT NEED IN OUR COMMUNITY AS WE HEARD OVER AND
9:14:21AM OVER AGAIN IN THE COMMUNITY.
9:14:22AM WE NEED TO FIGURE OUT HOW TO USE EVEN WITH THE HUNDRED
9:14:26AM MILLION, PROBABLY MORE THAN THE COUNTY SPENT, WE NEED TO
9:14:29AM FIGURE OUT HOW TO BE GOOD CUSTODIANS OF THE MONEY SO WE HAVE
9:14:33AM THE GREATEST IMPACT POSSIBLE.
9:14:34AM THANK YOU.
9:14:44AM >> SHE POSED A QUESTION.
9:14:49AM >>MARTIN SHELBY: MR. CHAIRMAN, IF I CAN -- I'M GOING TO
9:14:56AM WITHDRAW MY COMMENTS.
9:15:00AM >>GUIDO MANISCALCO: COUNCIL MEMBER HENDERSON, CLENDENIN,
9:15:02AM MIRANDA.
9:15:03AM >>GWEN HENDERSON: GOOD MORNING.
9:15:05AM I APPRECIATE COUNCILMAN CARLSON'S COMMENTS, BUT THAT DOESN'T
9:15:09AM MEAN THAT THEY APPLY TO THE ENTIRE BOARD.

9:15:12AM I KNOW THAT OUR STAFF HAS WORKED EVEN PRIOR TO ME GETTING ON
9:15:16AM COUNCIL, A VERY LONG TIME ON THIS REPORT.
9:15:19AM IT WAS ASKED OF YOU TO PRESENT IT SO WE CANNOT MAKE
9:15:22AM DECISIONS ABOUT IT IN ADVANCE OF YOUR PRESENTATION.
9:15:24AM I THINK THAT WOULD BE VERY UNFAIR AND UNDESERVING OF THE
9:15:28AM STAFF WHO WORKED SO HARD ON THIS.
9:15:30AM I WOULD LIKE TO HEAR FROM STAFF IN TOTALITY ABOUT WHAT THEY
9:15:33AM PRESENTED.
9:15:34AM I DON'T WANT TO MAKE A DECISION THAT IS INCOMPLETE OR
9:15:37AM INCOMPREHENSIVE.
9:15:38AM THAT'S UNFAIR TO YOU AS THE EXPERTS IN HOUSING.
9:15:40AM I DEFINITELY WOULD LIKE TO HEAR FROM THEM FIRST BEFORE WE
9:15:44AM SET GOALS.
9:15:45AM >>GUIDO MANISCALCO: CLENDENIN, MIRANDA, VIERA.
9:15:47AM >>ALAN CLENDENIN: I'M SOMEWHERE IN THE MIDDLE OF WHAT WAS
9:15:50AM JUST SAID.
9:15:51AM I CONCUR WITH COUNCILMAN CARLSON.
9:15:55AM I KNOW YOU'VE HEARD ME SAY THIS BEFORE AS FAR AS
9:15:58AM RESPONSIBILITIES AND EXPECTATIONS AND SETTING THAT.
9:16:02AM WHAT I'M AFRAID OF IS THE PRESENTATION KIND OF SETS THE
9:16:08AM TABLE BEFORE WE HAVE THAT DISCUSSION AND SETS EXPECTATIONS
9:16:18AM OR BASICALLY SETS THE STANDARD.
9:16:20AM I KNOW I PERSONALLY HAVE COMMENTS THAT I WOULD LIKE TO MAKE
9:16:23AM AS WE STEER THIS IN A DIRECTION OF, ONE, WHAT OUR GOALS ARE
9:16:28AM AS A CITY, AS FAR AS ACCOMMODATING HOUSING, VERSUS WHAT

9:16:32AM WE'RE CURRENTLY DOING.
9:16:34AM WHAT OUR POTENTIAL PITFALLS ARE AND THE TYPES OF FOLKS THAT
9:16:40AM WE NEED TO BE SERVING.
9:16:41AM I KIND OF -- I THINK COUNCIL SHOULD HAVE AN OPPORTUNITY TO
9:16:45AM KIND OF STEER THAT DIRECTION AND THEN HEAR FROM STAFF.
9:16:48AM MAYBE IN STAFF'S PRESENTATION CAN ADAPT THE PRESENTATION TO
9:16:52AM FIT KIND OF WHAT THEY HEAR FROM THE DAIS.
9:16:57AM >>CHARLIE MIRANDA: I AGREE WITH THE THREE COUNCIL MEMBERS
9:16:59AM WHO SPOKE BEFORE I.
9:17:01AM THEY ARE DIVIDED INTO THREE AREAS -- CONSTRUCTION, FINANCE,
9:17:04AM AND LAND LEASES.
9:17:07AM WE'VE ONLY HAD A DAY OR DAY AND A HALF TO REVIEW ALL THIS.
9:17:12AM WHEN YOU REVIEW IT WITH JUST SEVEN COUNCIL MEMBERS, I DON'T
9:17:15AM THINK ANY ONE OF US IS AN EXPERT ON ALL THE AREAS.
9:17:18AM COMBINED MAYBE WE CAN HANDLE ONE AREA OR TWO AREAS.
9:17:22AM THIS IS SOMETHING THAT IS TAKEN OUT OF THE FORM BECAUSE WE
9:17:24AM LIVE IN AN ABNORMAL SOCIETY TODAY.
9:17:27AM EVERYTHING COMES WITH HIGHER PRICES AND HIGHER PRICES.
9:17:30AM THE FURTHER YOU GET BEHIND, THE FURTHER YOU GET BEHIND, YOU
9:17:34AM CAN'T MAKE IT, CAN'T MAKE YOUR PAYMENT.
9:17:37AM WE HAVE TO REALISTICALLY WHAT WE CAN DO AND WHAT WE CANNOT
9:17:41AM DO.
9:17:41AM TODAY WE TALK ABOUT CONSTRUCTION AND COSTS ON ONE SIDE,
9:17:44AM TOMORROW IS A LITTLE BIT HIGHER.
9:17:46AM WHEN YOU TALK ABOUT BUYING LAND, YOU'RE GOING TO ASK ONE

9:17:49AM QUESTION -- WHERE ARE YOU GOING TO BUY IT AT?
9:17:52AM HOW MANY LOTS FOR SALE?
9:17:53AM WHO ARE WE COMPETING AGAINST?
9:17:55AM THE PRIVATE SECTOR.
9:17:56AM ARE WE STRONG ENOUGH TO COMPETE AGAINST THE PUBLIC SECTOR?
9:17:59AM THESE ARE THE THINGS THAT I'M INTERESTED IN SO I CAN TRY TO
9:18:03AM ALLEVIATE THE PROBLEMS THAT WE'RE FACING SO WE CAN HAVE
9:18:06AM CONSTRUCTION, FIND THE FINANCING, AND THOSE MUCH GREATER
9:18:11AM THAN US IN BUILDING AFFORDABLE HOUSING, LIKE THE HOUSING
9:18:14AM AUTHORITY.
9:18:15AM I'M NOT BLAMING THEM.
9:18:16AM LET ME GET THAT OUT OF THE WAY.
9:18:18AM HAVE WE MADE SOME INROADS WITH THEM?
9:18:20AM I DON'T KNOW.
9:18:21AM HAVE WE DONE THINGS TO ALLEVIATE THE CONJECTION THAT WE HAVE
9:18:26AM TODAY IN AFFORDABLE HOUSING?
9:18:28AM WE MADE SOME INROADS.
9:18:30AM SOME DEVELOPERS ARE GIVING 5 AND 10 PERCENT OF AFFORDABLE
9:18:32AM HOUSING IN THE UNITS BECAUSE THIS COUNCIL ASKED FOR THAT.
9:18:35AM AND THESE ARE THE THINGS WE HAVE TO EVALUATE.
9:18:37AM THIS IS NOT GOING TO BE SOLVED IN ONE DAY.
9:18:41AM IT'S PRESENTED IN ONE DAY OR ONE HEARING IN THE MORNING, BUT
9:18:44AM THIS IS GOING TO TAKE SOME TIME TO DIGEST AND SOME TIME TO
9:18:47AM COME UP WITH ANSWERS.
9:18:48AM I AGREE WITH ALL THREE OF THEM IN DIFFERENT ASPECTS.

9:18:52AM I THINK CARLSON AND CLENDENIN HAVE MADE THE POINT AND SO HAS
9:18:58AM DISTRICT 5 CHAIRMAN OF CRA.
9:19:00AM THESE ARE THE THINGS I'M WILLING TO LISTEN TO AND SEE HOW WE
9:19:03AM CAN WORK IT OUT.
9:19:04AM THIS HAS BEEN WITH US A DAY AND A HALF.
9:19:06AM >>GUIDO MANISCALCO: COUNCILMAN VIERA.
9:19:07AM >>LUIS VIERA: THANK YOU VERY MUCH.
9:19:08AM WHAT I SUGGEST IS WE JUST MOVE FORWARD WITH SOMETHING LIKE
9:19:12AM RIGHT NOW.
9:19:12AM I DON'T WANT TO HAVE A DISCUSSION ON WHAT'S GOING TO HAPPEN
9:19:17AM AND SPEND 20, 30 MINUTES TALKING ABOUT THAT.
9:19:20AM I WANT TO BE CLEAR WHEN MR. MARTIN SHELBY SPOKE UP, IT
9:19:23AM WASN'T AT YOU, MR. SHELBY.
9:19:25AM IT WAS AT THE MANY LAYERS THAT WERE GOING TO COME UP TO
9:19:28AM BEGINNING THE MEETING.
9:19:29AM COUNCILMAN CLENDENIN TALKED ABOUT HAVING STATEMENTS BEFORE.
9:19:35AM IF WE CHOOSE TO DO THAT, I WOULD SUGGEST, MR. CHAIRMAN,
9:19:38AM LIMIT IT TO FIVE MINUTES.
9:19:40AM HEAR FROM STAFF, HEAR FROM THE PUBLIC, AND THEN HAVE A
9:19:43AM SUBSTANTIVE DISCUSSION.
9:19:43AM THAT'S WHAT I WOULD SUGGEST, BUT WE MOVE FORWARD WITH
9:19:47AM WHATEVER WE'RE GOING TO DO QUICKLY.
9:19:49AM >>ALIS DRUMGO: GOOD MORNING.
9:19:52AM FOR THE RECORD, ALIS DRUMGO, DEPUTY ADMINISTRATOR FOR
9:19:54AM DEVELOPMENT AND ECONOMIC OPPORTUNITY.

9:19:57AM I HEAR THE COUNCIL.
9:19:58AM I WANT TO FIRST ASK THE INITIAL QUESTION THAT I WAS POSED.
9:20:02AM WE DO HAVE IT BUILT INTO THE PRESENTATION TO ALLOW FOR Q & A
9:20:04AM AFTER EVERY SECTION.
9:20:06AM IT IS AT THE PLEASURE OF THE CHAIRMAN TO ALLOW FOR PUBLIC
9:20:08AM COMMENT OR HOW YOU WANT TO GUIDE THAT DISCUSSION.
9:20:10AM STAFF IS NOT HERE TO DICTATE THAT PROCESS.
9:20:13AM RELATIVE TO THE OTHER POINTS ABOUT THE PRESENTATION TODAY,
9:20:18AM WE HAVE BEEN WORKING ON THIS PRESENTATION FOR A WHILE NOW,
9:20:23AM AND WE ARE HERE BECAUSE YOU ASKED FOR US TO BE.
9:20:26AM YOU ASKED FOR US TO COME AND PRESENT.
9:20:28AM THAT'S WHY WE ARE BEFORE YOU.
9:20:30AM I THINK AT THE TIME THAT THE MOTION WAS MADE FOR US TO COME
9:20:33AM IN, IT WAS UNDERSTOOD THAT THIS WOULD BE A VERY HEAVY
9:20:38AM DISCUSSION.
9:20:38AM THERE WOULD BE A LOT OF CONTENT.
9:20:40AM WE CERTAINLY GOT THE PRESENTATION OUT AND IN YOUR HANDS TO
9:20:44AM REVIEW THE CONTENT, AND IT IS QUITE A BIT OF INFORMATION.
9:20:48AM BUT I WANT TO BE CLEAR THAT THERE ARE NO DECISIONS TO BE
9:20:50AM MADE TODAY.
9:20:51AM YOU ALL HAVE ALREADY MADE THE DECISIONS.
9:20:52AM YOU MADE THE DECISION TO VOTE IN FAVOR OF THE $50 MILLION
9:20:57AM ALLOCATION.
9:20:57AM YOU MADE THE DECISION TO VOTE IN FAVOR OF ALLOCATING 30% OF
9:21:01AM YOUR CRA DOLLARS TO AFFORDABLE HOUSING.

9:21:03AM YOU MADE THE DECISION NOT TO EMBARK UPON A PLAN TO PURSUE
9:21:09AM RENT CONTROL WHEN YOU HAD A COUPLE OF HUNDRED PEOPLE LINED
9:21:11AM UP HERE FOR THAT DISCUSSION A COUPLE OF YEARS AGO.
9:21:15AM WE WENT BACK.
9:21:16AM WE CONDUCTED A HOUSING NEEDS ASSESSMENT.
9:21:18AM WE'RE BRINGING YOU BACK A PLAN TODAY TO SPEND THOSE DOLLARS
9:21:22AM THAT IS GROUNDED IN THAT DATA.
9:21:23AM WE'RE HERE FOR THE DISCUSSION.
9:21:25AM WE'RE HERE TO PRESENT THE INFORMATION TO YOU THIS MORNING.
9:21:28AM WE WOULD LOVE FOR YOU TO HEAR US OUT AND IT IS AT THE
9:21:32AM PLEASURE OF COUNCIL AS TO HOW YOU ACHIEVE THAT.
9:21:34AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, MR. DRUMGO.
9:21:37AM YES, MA'AM.
9:21:38AM >>LYNN HURTAK: SO, MR. DRUMGO, FROM MY UNDERSTANDING, THE
9:21:42AM Q & A -- AND IF IT IS THE PLEASURE OF COUNCIL BECAUSE WE
9:21:44AM HAVE A LOT OF PEOPLE HERE AND QUITE A FEW HOUSING EXPERTS
9:21:48AM ACTUALLY AS WELL IN THE AUDIENCE TODAY.
9:21:50AM I WOULD LOVE TO HEAR FROM COUNCIL AND FROM THE PUBLIC AT
9:21:59AM EACH Q & A BREAK.
9:22:01AM >>GUIDO MANISCALCO: THAT'S FINE.
9:22:03AM >>LYNN HURTAK: OTHERWISE, IF WE'RE GOING TO START WITH
9:22:05AM NUMBER ONE, I BELIEVE IN THE MOTION WAS A DISCUSSION THAT
9:22:08AM WAS GOING TO LAST NO MORE THAN 30 MINUTES.
9:22:11AM >>GUIDO MANISCALCO: FOR ITEM NUMBER 1.
9:22:13AM I'LL KICK OFF THAT DISCUSSION.

9:22:14AM WE CAN TAKE IT TO EACH COUNCIL MEMBER, FIVE MINUTES APIECE
9:22:18AM AND THEN START OFF FROM THERE.
9:22:21AM WE'RE HERE TODAY WITH THE HOUSING WORKSHOP THAT WAS
9:22:23AM REQUESTED BY CITY COUNCIL.
9:22:25AM MR. DRUMGO ALREADY MENTIONED THINGS THAT I WAS GOING TO SAY,
9:22:29AM AND THAT IS THIS COUNCIL HAS ALREADY VOTED TO ALLOCATE
9:22:34AM CERTAIN DOLLARS, IN THE MILLIONS OF DOLLARS, HISTORICAL
9:22:38AM MILLIONS OF DOLLARS, TOWARDS HOUSING.
9:22:40AM A WORD THAT I KEPT HEARING OVER THE LAST FEW WEEKS, DON'T
9:22:44AM GET AMNESIA.
9:22:45AM THERE'S NO AMNESIA.
9:22:47AM WE ARE HERE TO TACKLE THIS HOUSING CRISIS IN A RESPONSIBLE
9:22:53AM WAY.
9:22:53AM THE HOUSING AUTHORITY WAS MENTIONED.
9:22:55AM THEY ARE PART OF THIS BIGGER PICTURE BUT HERE, PEOPLE HAVE
9:22:58AM COME TO THE CITY OF TAMPA CITY COUNCIL ASKING FOR RELIEF.
9:23:02AM I'VE BEEN HERE MY WHOLE LIFE, AS I'VE SAID MANY TIMES, AND
9:23:05AM I'VE NEVER SEEN THIS KIND OF SITUATION IN THE CITY OF TAMPA
9:23:07AM WHEN IT'S COME TO HOUSING.
9:23:10AM PEOPLE LIVING IN TAMPA, PEOPLE FROM TAMPA, COMING TO TAMPA,
9:23:13AM IT'S NOT SUSTAINABLE.
9:23:14AM THEY CAN'T AFFORD IT.
9:23:15AM WE HAVE INFLATION, RISING RENTS, RISING CONSTRUCTION COSTS,
9:23:18AM RISING REAL ESTATE VALUES, WHATEVER IT IS.
9:23:20AM HOWEVER, US AS A CITY COUNCIL AND WITH THE TEAM LED BY

9:23:25AM NICOLE TRAVIS AND MR. DRUMGO AND ABBYE FEELEY AND EVERYBODY
9:23:29AM THAT'S HERE TODAY, THEY PUT TOGETHER THIS PRESENTATION FOR
9:23:34AM US TO DISCUSS AND HAVE THIS WORKSHOP.
9:23:36AM MY GOAL IS THAT WE INVEST IN ALLEVIATING THIS HOUSING
9:23:43AM CRISIS, MEANING SUSTAINABLE, LONG-TERM, PERMANENT AFFORDABLE
9:23:48AM HOUSING FOR PEOPLE THAT ARE IN NEED.
9:23:50AM THIS COUNCIL HAS, ALONG WITH THE ADMINISTRATION, WE WORKED
9:23:56AM TO SET UP THE HOUSING HOT LINE, RENTAL ASSISTANCE OVER THE
9:24:00AM YEARS, WE'VE LOOKED AT DOWN PAYMENT ASSISTANCE.
9:24:02AM WE'VE DISCUSSED REHABILITATION, REHAB ASSISTANCE FOR
9:24:06AM EXISTING PROPERTIES THAT NEED HELP.
9:24:09AM WE'RE TRYING TO DO WHAT WE CAN.
9:24:13AM SOMEBODY MENTIONED IT EARLIER, AND I MENTIONED IT THE OTHER
9:24:16AM DAY, HOW DO WE COMPETE AGAINST LARGER CORPORATIONS THAT HAVE
9:24:19AM ALL THE MONEY IN THE WORLD?
9:24:20AM TALKING MULTIBILLION DOLLARS CORPORATIONS COMING INTO THE
9:24:24AM COMMUNITY, BUYING SINGLE-FAMILY HOMES AND BASICALLY KILLING
9:24:27AM THE PATH TO THE AMERICAN DREAM WHERE THEY ARE TURNING US
9:24:30AM INTO RENTAL COMMUNITIES AND PEOPLE DON'T HAVE THE PATH TO
9:24:32AM BUYING THOSE HOMES.
9:24:33AM I MENTIONED THE OTHER DAY FOR A LONG TIME, HOUSE IN WEST
9:24:36AM TAMPA, AT LEAST IN MY YOUTH FROM HIGH SCHOOL TO COLLEGE TO
9:24:39AM NOT THAT LONG AGO, 150,000, 130,000, 110,000 FOR A HOUSE
9:24:44AM WHERE THOSE HOUSES ARE HALF A MILLION DOLLARS TODAY.
9:24:47AM MY GRANDFATHER'S OLD HOUSE THAT HE BUILT FOR $90,000 IS AT

9:24:51AM $850,000, GIVE OR TAKE ON ZILLOW.
9:24:55AM HE COULDN'T AFFORD IT TODAY AND THAT'S MY GRANDFATHER THAT
9:24:58AM WORKED HARD HIS WHOLE LIFE.
9:24:59AM THIS IS AFFECTING SO MANY PEOPLE IN THE CITY OF TAMPA.
9:25:04AM IT'S A NATIONWIDE ISSUE, BUT IN TAMPA, IT SEEMS THAT WE'RE
9:25:09AM SEEING MUCH OF THE BRUNT.
9:25:10AM A LOT OF PEOPLE AFTER COVID MOVED HERE FROM OTHER STATES.
9:25:14AM WE DON'T HAVE A STATE INCOME TAX.
9:25:15AM THERE ARE A LOT OF BENEFITS LIVING IN FLORIDA.
9:25:17AM BUT AT THE SAME TIME, PEOPLE IN TAMPA ARE BEING OUTPRICED OF
9:25:21AM THEIR NEIGHBORHOODS, NEIGHBORHOODS THEY HAVE LIVED IN THEIR
9:25:24AM ENTIRE LIVES.
9:25:25AM I'LL STOP THERE.
9:25:26AM I'LL START DOWN THE ROW WITH COUNCILMAN MIRANDA IF YOU WANT
9:25:29AM TO SAY ANYTHING AS WE OPEN THIS DISCUSSION.
9:25:31AM >>CHARLIE MIRANDA: NO.
9:25:32AM I THINK I'VE SAID ENOUGH.
9:25:33AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
9:25:34AM >>LUIS VIERA: SURE.
9:25:35AM I'LL GIVE THOUGHTS.
9:25:36AM I WROTE DOWN THOUGHTS THIS MORNING.
9:25:39AM FIRST OFF, I THINK THE NUMBER ONE THING I WANT TO SAY IS HOW
9:25:41AM MUCH I APPRECIATE THE HARD WORK THAT STAFF, NICOLE TRAVIS,
9:25:46AM THE WHOLE TEAM, ALIS, ERICA, HAVE PUT INTO THIS PRESENTATION
9:25:51AM BUT TO WHAT I REALLY CALL A MAJOR REFORM.

9:25:54AM WOULDN'T CALL IT A REVOLUTION, BUT MAJOR REFORM OF CITY OF
9:25:57AM TAMPA POLICY WORKING WITH COUNCIL AND THE ADMINISTRATION ON
9:26:02AM AFFORDABLE HOUSING FUNDING.
9:26:03AM LIKE THE PRESENTATION SAYS, BEFORE 2020 IN THE GENERAL
9:26:06AM BUDGET, WE HAD ABOUT $2 MILLION GOING TO HOUSING.
9:26:09AM THAT HAS BEEN EXPANDED RADICALLY AND IT'S HERE TO STAY
9:26:14AM PERMANENTLY, RIGHT? THAT IS A VERY, VERY GOOD THING.
9:26:17AM BUT THIS STAFF AND THE EFFORTS THAT THEY'VE PUT FORWARD, WE
9:26:20AM SHOULD ALL BE GRATEFUL FOR THEM.
9:26:22AM WE SHOULD ALL BE GRATEFUL FOR THE WORK THAT THEY DO.
9:26:24AM I COME FROM THE VIEW THAT PEOPLE WHO GO INTO GOVERNMENT
9:26:27AM SERVICE, IT'S AN HONORABLE PROFESSION.
9:26:29AM I COME FROM THAT 1960 JOHN F. KENNEDY VIEWPOINT THAT PEOPLE
9:26:33AM WHO GO INTO GOVERNMENT SERVICE, YOU GO TO HELP THE PEOPLE.
9:26:36AM YOU GO TO MAKE LESS MONEY THAN YOU WOULD IN THE PRIVATE
9:26:38AM SECTOR QUITE OFTEN, RIGHT.
9:26:40AM THERE'S NO BETTER FORM OF PATRIOTISM THAN TO HAVE A VOICE
9:26:43AM FOR THE VOICELESS THROUGH GOVERNMENT SERVICE.
9:26:45AM WE ALSO HAVE TO LOOK AT THE OTHER GOVERNMENT ENTITIES WE'RE
9:26:50AM DEALING WITH.
9:26:50AM WE ARE THE CITY OF TAMPA.
9:26:51AM WE HAVE ABOUT 400,000 RESIDENTS HERE WITHIN CITY LIMITS.
9:26:54AM HILLSBOROUGH COUNTY WITH ABOUT 1.5 MILLION RESIDENTS IN THE
9:26:58AM ENTIRE COUNTY, GIVE OR TAKE SOME, RIGHT?
9:27:00AM WE KNOW THE DIFFERENCES IN RECENT POLICY WE'VE SEEN WITH

9:27:04AM AFFORDABLE HOUSING IN HILLSBOROUGH COUNTY AND HILLSBOROUGH
9:27:06AM COUNTY GOVERNMENT.
9:27:07AM WE KNOW THE STATE OF FLORIDA'S RECORD, WHENEVER IT COMES TO
9:27:10AM AFFORDABLE HOUSING.
9:27:10AM THE CITY OF TAMPA IS TAKING A VERY AGGRESSIVE, PASSIONATE,
9:27:14AM FORWARD LOOKING TYPE OF --
9:27:16AM [ENCODER DISCONNECT]
9:27:40AM -- THAT INCLUDES ALSO HAVING AN HONEST DISCUSSION ON HOW TO
9:27:43AM FUND AFFORDABLE HOUSING.
9:27:44AM WE'VE HAD VARIOUS OPTIONS PUT FORTH TO US ON HOW TO FUND
9:27:48AM AFFORDABLE HOUSING.
9:27:50AM WE HAVE TO BE VERY, VERY HONEST WITH THAT WITH THE PUBLIC.
9:27:52AM WE ALSO HAVE TO -- I'M GOING TO READ LATER DURING PUBLIC
9:27:56AM COMMENT, IF I MAY, A STATEMENT FROM KAREN CLAY, BUT LOOK AT
9:27:59AM SPECIFIC GROUPS FOR WHOM IF WE HAVE A CATEGORY 3 HURRICANE
9:28:05AM AND HOUSING IN TAMPA AND FLORIDA, THEY HAVE A CATEGORY 10
9:28:08AM HURRICANE IN HOUSING.
9:28:10AM I'M TALKING ABOUT GROUPS LONG MARGINALIZED, THAT INCLUDES,
9:28:13AM BUT NOT LIMITED TO, PEOPLE WITH DISABILITIES, SOMETHING THAT
9:28:16AM I OFTEN TALK ABOUT AND A LOT OF COUNCIL MEMBERS, ALL COUNCIL
9:28:18AM MEMBERS HERE HAVE A-PLUS VOTING RECORD ON, BY THE WAY,
9:28:22AM WHENEVER IT COMES TO THOSE WITH DISABILITIES.
9:28:23AM WE ALSO HAVE TO TALK ABOUT HOW TRANSPORTATION AND AS THE
9:28:30AM PRESENTATION ACKNOWLEDGES AND THE CONNECTIVITY THAT HAS TO
9:28:34AM AFFORDABLE HOUSING.

9:28:34AM WE ARE NEAR DEAD LAST IN MAJOR METRO AREAS THROUGHOUT THE
9:28:37AM UNITED STATES IN FUNDING FOR MASS TRANSIT.
9:28:41AM I'M PROUD TO BE THE CHAIRMAN OF HART.
9:28:43AM I TAKE THAT ON TO TRY TO MOVE FORWARD DISCUSSIONS ON BRT.
9:28:46AM DISCUSSIONS ON BUSES.
9:28:47AM DISCUSSIONS ON DIFFERENT WAYS THAT WE CAN GET FOLKS AROUND
9:28:51AM TO WORK, RIGHT.
9:28:53AM WHEN PEOPLE DON'T HAVE ACCESSIBLE TRANSPORTATION OPTIONS,
9:28:57AM THAT ONLY CONTRIBUTES TO A CRISIS IN AFFORDABLE HOUSING.
9:29:00AM WE NEED TO DO BETTER.
9:29:01AM THAT MEANS TAKING A LOOK AGAIN AND OBVIOUSLY NOT GOING TO
9:29:04AM TALK ABOUT THIS TODAY, REVENUE SOURCES FOR MASS TRANSIT IN
9:29:08AM 2018, 2022, WE SAW REFERENDUMS TO TRY TO PUT MASS TRANSIT
9:29:12AM FORWARD FOR MANY LEGAL REASONS THAT DIDN'T COME FORWARD.
9:29:15AM WE CAN'T LET GO OF THAT.
9:29:17AM WE NEED TO HAVE A DISCUSSION IN CITY COUNCIL, IN CRA.
9:29:20AM I'LL BE TALKING ABOUT IN CRA NEXT MONTH ON HOW THE CRA CAN
9:29:24AM HELP POTENTIALLY HART, RIGHT, IN AREAS WHERE WE HAVE A LOT
9:29:28AM OF NEED, ET CETERA, AND REALLY GIVE THAT MOVEMENT FORWARD.
9:29:32AM WE ALSO HAVE TO TALK ABOUT NOT JUST THOSE WHO ARE STRUGGLING
9:29:37AM TO MAKE IT RIGHT BUT THOSE ALSO PUSHED IN THE MIDDLE OF CITY
9:29:40AM OF TAMPA AND HILLSBOROUGH COUNTY IN TALKING ABOUT OUR
9:29:42AM TEACHERS, OUR NURSES, OUR COPS, OUR FIREFIGHTERS, WELDERS,
9:29:47AM CARPENTERS, ET CETERA.
9:29:49AM TAMPA IS BEING TURNED INTO MIAMI WHENEVER IT COMES TO THE

9:29:52AM HOUSING MARKET.
9:29:52AM THAT MEANS THAT THOSE AT THE BOTTOM DON'T HAVE A PRAYER,
9:29:55AM RIGHT AND THOSE IN THE MIDDLE HAVE LESS OF A PRAYER THAN
9:29:58AM THEY DID BEFORE.
9:29:59AM IT'S UP TO US IN THE CITY GOVERNMENT TO MAKE SURE THAT THOSE
9:30:02AM IN THE MIDDLE AND THOSE WORKING SO HARD TO GET TO THE MIDDLE
9:30:06AM HAVE GOT A VOICE IN THERE.
9:30:09AM THAT'S CERTAINLY SOMETHING SO IMPORTANT.
9:30:11AM ALSO TALK BRIEFLY ABOUT RESOLUTION 568 WHICH THIS GOES TO
9:30:15AM THE HEART OF THAT ISSUE.
9:30:16AM I KNOW OUR RACIAL RECONCILIATION COMMITTEE WILL
9:30:22AM PROSPECTIVELY BE TALKING ABOUT AFFORDABLE HOUSING.
9:30:24AM A LOT OF OTHER THINGS TO TALK ABOUT, THAT DUE TO THE TIME
9:30:29AM LIMITATION THAT I PROUDLY PROPOSED, I'LL SHUT UP.
9:30:32AM THANK YOU.
9:30:32AM >>BILL CARLSON: MR. CHAIR, POINT OF ORDER.
9:30:33AM ARE WE DOING OPENING STATEMENTS?
9:30:33AM THIS IS NOT THE GOAL DISCUSSION, RIGHT?
9:30:35AM >>GUIDO MANISCALCO: THIS IS ITEM ONE.
9:30:37AM >>BILL CARLSON: SOUNDS LIKE OPENING STATEMENTS.
9:30:38AM >>GUIDO MANISCALCO: COUNCILWOMAN HENDERSON.
9:30:45AM >>GWEN HENDERSON: GOOD MORNING, EVERYONE.
9:30:46AM I DON'T REALLY HAVE A LOT TO SAY, SO I WILL TRY TO BE BRIEF.
9:30:51AM IT'S NOT NECESSARILY GOALS.
9:30:53AM IT IS AN OPENING STATEMENT REGARDING THE PRIORITIES OF

9:30:55AM HOUSING PARTICULARLY FOR DISTRICT 5.
9:30:57AM SOME OF THE THINGS THAT I CARE ABOUT IS, YOU KNOW, THE LEAST
9:31:02AM FORTUNATE OF US.
9:31:05AM YOU'VE GOT TO KEEP THINKING ABOUT THE RENTERS.
9:31:07AM WE MUST STABILIZE RENT.
9:31:09AM I KNOW A LOT OF PEOPLE DON'T NECESSARILY HEARING THAT, BUT
9:31:12AM THAT IS A FACT.
9:31:13AM THERE ARE PEOPLE WHO ARE BEING DISENFRANCHISED OUT OF THEIR
9:31:17AM COMMUNITIES AND THEY DON'T HAVE A PLACE TO GO.
9:31:19AM CAN'T CONTINUE TO AFFORD TO STAY IN THE CITY.
9:31:22AM THAT'S A REALLY IMPORTANT PRIORITY THERE.
9:31:24AM WE SHOULD ALSO BE THINKING ABOUT OUR VETERANS AND OUR
9:31:27AM SENIORS, THOSE WHO ARE DISABLED.
9:31:29AM WHEN WE COME TO THE TABLE TO DISCUSS HOUSING AND ONE THAT'S
9:31:34AM NEAR AND DEAR TO ME IN PARTICULAR IS WORKFORCE HOUSING,
9:31:36AM ESPECIALLY FOR OUR EDUCATORS.
9:31:40AM TEACHERS SHOULD NOT HAVE TO LIVE IN A -- FOUR TEACHERS
9:31:44AM SHOULD NOT HAVE TO LIVE IN A FOUR-BEDROOM APARTMENT TO
9:31:48AM AFFORD TO LIVE IN THIS CITY.
9:31:49AM THERE'S ONE ASPECT OF THAT IN TERMS OF PAYING THEM, BUT
9:31:53AM HOUSING SHOULD BE ATTAINABLE FOR SOMEONE WHO HAS A COLLEGE
9:31:57AM EDUCATION.
9:31:57AM IT'S JUST NOT -- THAT'S JUST NOT THE CASE ANYMORE.
9:32:00AM SO WORKFORCE HOUSING IS REALLY IMPORTANT.
9:32:03AM HOUSING FOR OUR HOMELESS POPULATION, OUR VETERANS, OUR

9:32:07AM DISABLED.
9:32:07AM THE PERSON HONESTLY WHO CAN BUY A HOUSE, THERE ARE PEOPLE
9:32:13AM WHO STILL ARE ABLE TO ACHIEVE THAT, EVEN THOUGH IT'S TOUGH.
9:32:16AM THEY MAY NOT BE GETTING INTO THE HOUSE THAT THEY WANT TO GET
9:32:19AM INTO INITIALLY.
9:32:22AM IT MAY BE A LITTLE BIT SMALLER, BUT THERE ARE PEOPLE WHO ARE
9:32:25AM STILL ABLE TO CLOSE ON HOUSING AND REACH THAT PARTICULAR
9:32:29AM AMERICAN DREAM.
9:32:31AM WE'VE GOT TO THINK ABOUT THOSE WHO ARE THE LEAST OF US.
9:32:34AM THANK YOU.
9:32:36AM >>GUIDO MANISCALCO: COUNCIL MEMBER CLENDENIN.
9:32:37AM >>ALAN CLENDENIN: GOOD MORNING.
9:32:38AM ONE, I'LL FOCUS ON THE GOALS, I THINK IT'S ITEM NUMBER 1 OF
9:32:43AM WHAT I JOTTED DOWN.
9:32:49AM PRESENT THREE.
9:32:50AM I PROBABLY HAVE ONE OR TWO MORE THAN THAT.
9:32:52AM I BELIEVE AS WE PURSUE HOUSING, WE NEED TO PRIORITIZE
9:32:55AM REHABILITATING SUBSTANDARD HOUSING IN THE CITY.
9:32:58AM I THINK THAT IS A KEY ELEMENT TO INHIBIT GENTRIFICATION,
9:33:01AM THAT WE GO INTO NEIGHBORHOODS AND WE HELP PEOPLE REMAIN IN
9:33:05AM THEIR HOMES, FOLKS THAT NEED -- IF THEY ARE POTENTIALLY
9:33:10AM HAVING ISSUES, ROOF ISSUES OR ANY OTHER ISSUES THAT PREVENT
9:33:13AM THEM FROM STAYING IN THAT HOUSE.
9:33:17AM IT'S MUCH CHEAPER TO REHABILITATE SOMETHING THAN TEAR IT
9:33:20AM DOWN AND BUILD SOMETHING NEW AND HOLDS OFF ON

9:33:23AM GENTRIFICATION, WHICH ENHANCES OUR NEIGHBORHOODS IN THE
9:33:25AM CULTURE OF DIVERSITY AND ONE OF THE REASONS WHY I WANTED TO
9:33:28AM LIVE IN THE CITY TO BEGIN WITH AND RAISE MY FAMILY HERE WAS
9:33:31AM BECAUSE OF THE DIVERSITY OF THE CITY OF TAMPA.
9:33:33AM I THINK WE NEED TO ENSURE THAT ANY PROJECT THAT WE FUND
9:33:37AM BENEFITS CURRENT RESIDENTS OF THE CITY OF TAMPA AND NOT
9:33:40AM FUTURE RESIDENTS.
9:33:41AM IF WE'RE GOING TO SPEND TAXPAYER MONEY, WE NEED TO MAKE SURE
9:33:47AM THAT THOSE PROJECTS BENEFIT THE PEOPLE THAT HAVE INVESTED
9:33:50AM AND CURRENTLY LIVE HERE.
9:33:52AM I THINK THAT WE HAVE TO BE VERY CAUTIOUS AS WE MOVE FORWARD
9:33:55AM OF HOW WE'RE SPENDING THE DOLLARS AND WHAT IT LOOKS LIKE AND
9:33:59AM WHAT THAT WILL MEAN FOR THE CITY OF TAMPA.
9:34:01AM MOVE HERE AND BUY $3 MILLION CONDOS, WE HAVE PLENTY OF
9:34:06AM THOSE.
9:34:06AM WHAT WE ARE LACKING IS ACTUALLY HOUSING FOR THE FOLKS THAT
9:34:09AM ARE STRUGGLING TO SURVIVE IN THE CITY OF TAMPA AS WE SPEAK
9:34:12AM TODAY.
9:34:13AM I'M REALLY -- AND MY HEART GOES OUT TO MAKING SURE WE HAVE
9:34:19AM TEMPORARY BRIDGE HOUSING.
9:34:21AM I THINK SOME OF THE REPORTS WE'LL HEAR TODAY TALK ABOUT
9:34:23AM THAT.
9:34:23AM I THINK AS A SOCIETY WE'RE RESPONSIBLE FOR PROVIDING
9:34:26AM TEMPORARY BRIDGE HOUSING TO FOLKS TO GET THEM FROM WHERE
9:34:28AM THEY ARE TO WHERE THEY NEED TO BE.

9:34:30AM IT'S THAT HAND-UP VERSUS A HAND-OUT KIND OF MENTALITY OF
9:34:36AM ENSURING WE HAVE THAT TYPE OF HOUSING AVAILABLE FOR THE
9:34:39AM CITIZENS OF THE CITY OF TAMPA.
9:34:40AM EVERYTHING WE DO, WE NEED TO PRIORITIZE SENIOR CITIZENS,
9:34:44AM FAMILIES WITH CHILDREN, AND CITIZENS WITH DISABILITIES.
9:34:47AM THEY ARE THE FOLKS THAT WE AS A JUST SOCIETY NEED TO
9:34:52AM CONSTANTLY BE LOOKING OUT FOR.
9:34:54AM ESPECIALLY OUR SENIOR CITIZENS AND FOLKS WITH DISABILITIES
9:34:58AM AND KIDS.
9:34:59AM KIDS ARE KIDS, AND WE OWE ALL OF THESE FOLKS EVERY ONE OF
9:35:04AM THE ELEMENTS, EVERY BENEFIT OF THE DOUBT, EVERY OPPORTUNITY
9:35:07AM WE CAN TO ENSURE THAT THEY HAVE OPPORTUNITIES, NOT JUST IN
9:35:10AM HOUSING, BUT IN WORK AND LEADING PRODUCTIVE LIVES WITHIN THE
9:35:15AM CITY BOUNDARIES.
9:35:16AM I WANT TO ENSURE THAT WE'RE BUILDING AFFORDABLE HOUSING OR
9:35:21AM PROMOTING AFFORDABLE HOUSING THAT THAT HOUSING IS PLACED
9:35:24AM WITHIN TRANSPORTATION CORRIDORS.
9:35:26AM I THINK WHAT YOU'LL SEE TODAY IN THE PRESENTATION, THEY
9:35:29AM DISCUSS THIS EQUATION OF THE COST OF LIVING IN THE CITY OF
9:35:33AM TAMPA, TRANSIT AND HOUSING IS INTRINSICALLY TIED, THAT IF WE
9:35:37AM CAN REDUCE THE COST OF TRANSIT, FOLKS CAN MAYBE AFFORD A
9:35:40AM LITTLE BIT MORE IN HOUSING.
9:35:41AM SO WHAT WE NEED TO DO IS ENSURE AS WE'RE BUILDING HOUSING OR
9:35:45AM ENCOURAGING HOUSING, THAT THE HOUSING IS BUILT WITHIN
9:35:48AM TRANSPORTATION CORRIDORS SO THAT HOPEFULLY SOMEWHERE DOWN

9:35:51AM THE LINE PEOPLE WAKE UP IN HILLSBOROUGH COUNTY AND WE HAVE A
9:35:54AM VIABLE TRANSIT SYSTEM.
9:35:55AM THE OTHER ISSUE IS, AS WE PRIORITIZE SPENDING IN THE CITY OF
9:35:58AM TAMPA, WE DO HAVE A SIZABLE BUDGET.
9:36:00AM WE NEED OF AN OPEN AND HONEST CONVERSATION ABOUT CASH VERSUS
9:36:04AM CREDIT AND WHAT THE REAL COST OF PROVIDING STUFF IS WITH
9:36:07AM INTEREST RATES.
9:36:08AM CAN WE PRIORITIZE SPENDING?
9:36:10AM IF WE DECIDE THAT WHATEVER ISSUE IS A PRIORITY FOR THE CITY
9:36:14AM OF TAMPA, THAT PAY AS YOU GO IS ABSOLUTELY THE WAY TO GO AS
9:36:21AM WE CAN AND CREDIT ENDS UP COSTING SOMETIMES UP TO DOUBLE THE
9:36:24AM COST OF THIS STUFF.
9:36:26AM SO IF WE CAN TAKE MONEY FROM SOMEWHERE ELSE WHERE OTHER
9:36:31AM PARTS OF THE BUDGET, IF WE PRIORITIZE THAT THIS IS THE WAY
9:36:34AM WE SHOULD BE SPENDING IT, WE SHOULD BE MAKING SACRIFICES IN
9:36:37AM OTHER PLACES AND SHIFTING THE MONEY TO HERE.
9:36:40AM THAT PRETTY MUCH SUMS UP THE DIRECTION I WOULD LIKE TO SEE
9:36:44AM THE CONVERSATION GO, AS FAR AS PRIORITIES WITHIN THIS
9:36:47AM DISCUSSION.
9:36:47AM I KNOW THAT THE STAFF HAS SPENT A TREMENDOUS AMOUNT OF TIME
9:36:51AM PREPARING THIS.
9:36:52AM WHEN YOU SEE THIS DOCUMENT, IT'S ONLY ONION HOW MANY PAGES.
9:36:57AM I CAN'T EVEN IMAGINE THE AMOUNT OF WORK HOURS THAT WENT INTO
9:37:02AM THIS.
9:37:03AM IT IS A LOT OF INFORMATION.

9:37:04AM AGAIN, I WILL TAKE ISSUE, YOU KNOW WHAT, WE ARE ALWAYS
9:37:08AM PIVOTING.
9:37:09AM DECISIONS PREVIOUSLY MADE WE NEED TO TWEAK OR CHANGE OR
9:37:13AM PIVOT AS NEW FACTS BECOME AVAILABLE OR PRIORITIES BECOME
9:37:16AM AVAILABLE OR NEW IDEAS GET PRESENTED.
9:37:19AM I DON'T THINK -- OUR FEET SHOULD NEVER BE IN CEMENT.
9:37:22AM WE SHOULD BE ABLE TO MOVE FORWARD ON DIFFERENT ISSUES AS
9:37:25AM BETTER IDEAS COME FORWARD.
9:37:26AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
9:37:27AM COUNCIL MEMBER HURTAK.
9:37:29AM >>LYNN HURTAK: THANK YOU VERY MUCH.
9:37:30AM I ACTUALLY DISAGREE WITH THAT IN TERMS OF MONEY.
9:37:34AM WE'VE ALREADY ESTABLISHED THE $50 MILLION.
9:37:37AM IF WE TURN ON A DIME, THAT IS ANOTHER YEAR BEFORE THEY CAN
9:37:40AM GET ANYTHING STARTED.
9:37:41AM SO TODAY, I WANTED TO THANK STAFF FOR WHAT THEY HAVE DONE
9:37:49AM AND THE TIME THEY PUT INTO THIS.
9:37:51AM THEY HAVE BEEN WORKING ON IT FOR MONTHS.
9:37:53AM IT IS AN INCREDIBLY HOLISTIC PLAN.
9:37:55AM I THINK THAT'S MY PRIORITY.
9:37:56AM MY PRIORITY IS THE FACT THAT YOU CAN'T JUST FOCUS ON
9:38:01AM HOUSING.
9:38:02AM YOU CAN'T JUST FOCUS ON HOUSING FOR ONE TYPE OF GROUP.
9:38:05AM YOU HAVE TO FOCUS -- WE ARE SO BELOW HOUSING, THEY HAVE A
9:38:10AM GREAT COMMENT OR THEY HAVE A GREAT STATISTIC THAT WE NEED

9:38:14AM OVER 26,000 UNITS OF AFFORDABLE HOUSING, BUT I'VE HEARD THAT
9:38:18AM WE NEED DOUBLE THAT IN JUST HOUSING PERIOD.
9:38:21AM AND WHAT'S HAPPENING IS PEOPLE WHO ARE MOVING HERE WHO CAN
9:38:24AM AFFORD IT ARE TAKING THE APARTMENTS FROM PEOPLE WHO CAN'T.
9:38:28AM SO WE NEED EVERYTHING.
9:38:30AM WE NEED ABSOLUTELY EVERYTHING.
9:38:32AM WE NEED TO TALK ABOUT TRANSPORTATION.
9:38:33AM WE NEED TO TALK ABOUT MAKING SURE OUR CITIZENS WHO STRUGGLE,
9:38:41AM WHO NEED THE EXTRA HELP GET IT.
9:38:44AM ALL OF THAT IS VERY IMPORTANT.
9:38:45AM WILL THIS PLAN CHANGE?
9:38:47AM ABSOLUTELY.
9:38:48AM BUT -- AND AS A GOOD EXAMPLE OF THAT, KAYON HENDERSON WILL
9:38:54AM COME UP AND TALK LATER ABOUT HOW THE R MAP PROGRAM HAS
9:38:59AM CHANGED, THE RENTAL ASSISTANCE PROGRAM, STARTED LAST YEAR,
9:39:02AM THEY FOUND BETTER WAYS TO DO IT.
9:39:05AM THEY'LL BE TALKING ABOUT THAT CHANGE.
9:39:07AM CHANGE WILL COME.
9:39:08AM DEATH, TAXES, CHANGE, THE ONLY GUARANTEES YOU HAVE IN LIFE.
9:39:12AM IT'S A SOLID PLAN TO BEGIN WITH, I REALLY WANT EVERYONE TO
9:39:17AM TRULY THINK SOLIDLY TODAY ABOUT PERFECT BEING THE ENEMY OF
9:39:22AM GOOD.
9:39:23AM SO I BROUGHT SOME RECEIPTS THIS MORNING.
9:39:28AM >>GUIDO MANISCALCO: YOU'RE GOING TO SHOW THEM ON THE
9:39:32AM OVERHEAD.

9:39:34AM IT KEEPS TURNING ON AND OFF SAYING NO SIGNAL.
9:39:36AM I THINK T AND I IS TRYING TO FIX IT.
9:39:47AM WOULD YOU LIKE TO READ IT FROM YOUR DOCUMENTS?
9:40:07AM >>LYNN HURTAK: NO.
9:40:08AM THE WHOLE POINT IS THE VISUALS.
9:40:15AM >> I THINK THEY ARE RE-SETTING.
9:40:18AM >>LYNN HURTAK: AWESOME.
9:40:35AM >>GUIDO MANISCALCO: LET'S GO TO CARLSON.
9:40:38AM >>LYNN HURTAK: HE NEEDS THE SAME.
9:40:40AM YOU'RE RIGHT.
9:40:59AM IT'S ALL GOOD UNTIL IT FALLS APART.
9:41:01AM HOPEFULLY WE CAN GET IT ALL FIXED UP THIS MORNING.
9:41:05AM WE CAN'T, BECAUSE MR. CARLSON ALSO NEEDS.
9:41:21AM >>GUIDO MANISCALCO: NOTHING CAN BE CERTAIN EXCEPT DEATH AND
9:41:24AM TAXES.
9:41:25AM >>LYNN HURTAK: AND CHANGE.
9:41:26AM YEAH, THE FACT THAT TECHNOLOGY WILL ALWAYS WORK UNTIL YOU
9:41:33AM NEED IT.
9:41:35AM >>ALAN CLENDENIN: AND RON WEAVER WILL SHOW UP AT EVERY
9:41:38AM MEETING.
9:41:45AM >>LYNN HURTAK: OKAY.
9:41:46AM I'LL TRY TO DO WHAT I CAN AND THEN HOPEFULLY -- WELL, NEVER
9:41:52AM MIND.
9:41:52AM THANK YOU, T AND I.
9:42:24AM THOSE ARE THE REAL HEROES.

9:42:32AM >>GUIDO MANISCALCO: ALL RIGHT.
9:42:37AM TAKE IT AWAY.
9:42:37AM >>LYNN HURTAK: THREE OF US WERE AT THE USA MUMA STATE OF THE
9:42:43AM REGION ADDRESS.
9:42:46AM COUNCIL MEMBERS HENDERSON AND CLENDENIN WERE WITH ME THAT
9:42:49AM DAY.
9:42:49AM SO SOME OF THIS WAS PRETTY IMPRESSIVE.
9:42:53AM NEXT SLIDE.
9:42:54AM SOME OF THE KEY INSIGHTS FOR HOUSING AND PORTABILITY, TAMPA
9:42:59AM BAY ZILLOW HOME VALUE INDEX SHOWS CONSISTENT INCREASES IN
9:43:03AM HOME VALUES SPIKING SIGNIFICANTLY SINCE 2020, WHICH WE'VE
9:43:06AM ALL FELT.
9:43:07AM THE UPWARD TREND HAS ADVERSELY AFFECTED AFFORDABILITY WITH
9:43:11AM TAMPA BAY RANKING DROPPING FROM SECOND POSITION TO FOURTH
9:43:14AM FOR HOME OWNERSHIP AFFORDABILITY.
9:43:16AM TAMPA BAY ZILLOW'S OBSERVED RENT INDEX EXHIBITS A COMPARABLE
9:43:21AM UPWARD TREND AS THE ZILLOW HOME VALUE INDEX, CONFIRMING THE
9:43:23AM RISING COST OF RENTING.
9:43:25AM WHILE TAMPA BAY WAS PLACED 9th IN 2015, THE REGION DROPPED
9:43:29AM 6 POSITIONS TO THE 15TH BY THE YEAR 2023 HIGHLIGHTING THE
9:43:33AM GROWING AFFORDABILITY GAP BETWEEN RENT AND INCOME.
9:43:37AM NEXT.
9:43:37AM AS WE'VE SEEN AT THE TOP, AFFORDABILITY, HOUSING AND
9:43:42AM TRANSPORTATION EXPENDITURES AS A PERCENTAGE OF INCOME, 57%
9:43:46AM IN TAMPA BAY.

9:43:46AM THE UNITED STATES IS ONLY 56% AND THE BEST -- THE BEST, IF
9:43:51AM YOU CAN ZOOM IN A LITTLE BIT ON THAT, MS. SHARP, MINNEAPOLIS
9:43:55AM ST. PAUL, WHICH IS 52.
9:43:57AM THEY HAVE DONE A PHENOMENAL JOB ON HOUSING.
9:44:00AM THIS IS A CRISIS ALL ACROSS THE COUNTRY.
9:44:03AM AFFORDABILITY, HOUSING EXPENDITURES, PERCENTAGE OF INCOME,
9:44:06AM THOUGH, WE'VE DONE 42%, WHICH IS IN LINE WITH THE UNITED
9:44:13AM STATES.
9:44:14AM MINNEAPOLIS IS AT 39%, AND THEY ARE THE BEST.
9:44:17AM NEXT.
9:44:18AM THIS ONE, THE MEDIAN HOUSEHOLD NET WORTH IS 173,000.
9:44:26AM IN MINNEAPOLIS ST. PAUL IT'S ALMOST 250 BECAUSE THEY HAVE A
9:44:30AM LOT OF HOUSING POLICIES THAT WE DON'T HAVE.
9:44:33AM LOOKING DOWN AT THE AVERAGE HOUSEHOLD INCOME, LOWEST
9:44:36AM QUINTILE IS $15,000.
9:44:39AM WE HAVE A LOT OF PEOPLE WHO REALLY NEED A LOT OF HELP.
9:44:45AM NEXT.
9:44:45AM THIS CAME OUT IN THE TAMPA BAY BUSINESS JOURNAL YESTERDAY.
9:44:50AM TAMPA IS AVOIDING A NATIONAL SEARCH FOR CEO FOR THE AIRPORT
9:44:55AM BECAUSE OF HOUSING CRISIS.
9:44:56AM NEXT SLIDE, NEXT ONE.
9:44:58AM TAMPA'S HOME PRICES ARE SO EXPENSIVE THAT THEY COULD
9:45:01AM NEGATIVELY AFFECT AN EXTERNAL SEARCH FOR THE NEXT CEO OF
9:45:06AM TAMPA INTERNATIONAL AIRPORT.
9:45:08AM SOMEBODY WHO MAKES ONE MILLION DOLLARS.

9:45:10AM THIS COULDN'T BE A WORSE TIME TO GO OUTSIDE AND BRING
9:45:13AM SOMEBODY ELSE TO MOVE HERE, THEY SAY.
9:45:14AM MY LAST BUT MOST IMPORTANT SLIDE, I DID THIS MORNING FROM
9:45:18AM ZILLOW, THIS, $175,000 IS WHAT SOMEONE WHO EARNS 80% AMI CAN
9:45:24AM AFFORD.
9:45:25AM THERE ARE 82 HOUSES IN THE CITY OF TAMPA THAT THEY CAN BUY.
9:45:30AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
9:45:31AM COUNCIL MEMBER CARLSON.
9:45:32AM [ APPLAUSE ]
9:45:34AM >>LYNN HURTAK: NO, NO, NO.
9:45:49AM >>BILL CARLSON: GOOD MORNING, EVERYBODY.
9:45:50AM MY AIDE IS OUT ON A FAMILY EMERGENCY, SO I'LL RUN MY OWN
9:45:54AM SLIDES.
9:45:54AM THE FIRST THING IS JUST TO SAY EVERYBODY, I CAN'T TURN
9:45:58AM AROUND, BUT THIS CITY COUNCIL HAS HEAVILY SUPPORTED HOUSING
9:46:02AM FOR THE FIVE YEARS THAT I'VE BEEN ON CITY COUNCIL.
9:46:05AM FOUR YEARS AGO, I MADE A MOTION WHICH THE CRA BOARD, CITY
9:46:09AM COUNCIL APPROVED UNANIMOUSLY, 30% OF THE CRA HOUSING IN
9:46:12AM AFFORDABLE HOUSING.
9:46:12AM I THINK IT IS ONE OF THE BIGGEST INVESTMENTS ANYBODY IN THE
9:46:15AM REGION HAS MADE ON AFFORDABLE HOUSING.
9:46:17AM UNFORTUNATELY, BECAUSE OF A LOT OF INTERNAL ISSUES, THE CITY
9:46:21AM DIDN'T SPEND IT.
9:46:22AM NOW WE'RE AT THE POINT THAT WE'RE READY TO DO IT BECAUSE WE
9:46:25AM HAVE NEW STAFF AND I THINK WE HAVE GREAT STAFF.

9:46:27AM THIS YEAR THE MONEY ALONE IS ABOUT $30 MILLION, WHICH IS A
9:46:31AM HUGE AMOUNT OF MONEY.
9:46:32AM THERE ARE A LOT OF LOWER NUMBERS CIRCULATED BUT THE CRA PART
9:46:34AM IS 30 MILLION.
9:46:36AM I PUT THESE SLIDES TOGETHER EARLY THIS MORNING.
9:46:39AM IF THERE ARE ANY MISTAKES IT'S BECAUSE I WAS HALF AWAKE.
9:46:42AM I WAS TRYING TO SEE IF I COULD MAKE A POINT HERE.
9:46:45AM THE CURRENT SITUATION IN TAMPA, AND THIS IS NOT A VALUE
9:46:50AM JUDGMENT OF THE PRESENTATION, BUT THE CURRENT SITUATION IN
9:46:53AM TAMPA IS THAT THE CITY FOCUSES ON RIBBON CUTTINGS OF SHINY
9:46:58AM NEW BUILDINGS.
9:46:59AM IT'S DRIVEN BY WHAT I CALL THE EDIFICE COMPLEX.
9:47:04AM TAMPA HAS BEEN SUCCESSFUL, WHAT DO THEY POINT TO, WATER
9:47:08AM STREET.
9:47:08AM BUT THAT WAS A HUNDRED MILLION DOLLARS SUBSIDY ALSO.
9:47:10AM THINK ABOUT THE HOUSING WE COULD HAVE BUILT WITH HUNDRED
9:47:14AM MILLION DOLLARS.
9:47:14AM GLAD WE HAVE WATER STREET.
9:47:15AM FANTASTIC, WELL RUN.
9:47:17AM THE PEOPLE ARE AWESOME.
9:47:18AM BUT THIS PARADIGM IS MEASURED BY THE NUMBER OF SHINY NEW
9:47:23AM BUILDINGS.
9:47:23AM IT IS A VISUAL VISION.
9:47:25AM AND THE PERCEPTION OF SUCCESS IN THE MEDIA.
9:47:27AM AND THE WAY THEY GO ABOUT IT, THE STRATEGY, LET'S RELAX

9:47:33AM ZONING TO LET ANYBODY BUILD WHATEVER THEY WANT WHEREVER THEY
9:47:36AM WANT AND GIVE BUILDERS SUBSIDIES.
9:47:38AM HERE'S WHAT I WOULD PROPOSE -- IF I CAN GET THE PIECE OF
9:47:42AM PAPER -- THE GOAL SHOULD BE HIGHER QUALITY OF LIFE FOR OUR
9:47:46AM RESIDENTS.
9:47:46AM OUR RESIDENTS DESERVE IT.
9:47:47AM THEY PAY TAXES.
9:47:48AM THEY WORK HARD.
9:47:49AM THEY DESERVE A HIGHER QUALITY OF LIFE.
9:47:51AM IT'S DRIVEN BY THE NEEDS AND INTERESTS OF OUR RESIDENTS.
9:47:54AM THEY'LL TELL US THIS MORNING AND BEEN TELLING US THEY HAVE
9:47:56AM NEEDS.
9:47:57AM WE NEED TO WORK ON IT.
9:47:58AM MEASURES BY TAMPA SCORECARD.COM.
9:48:01AM COUNCIL MEMBER HURTAK JUST SHOWED THE REGIONAL SCORECARD.
9:48:05AM TAMPA SCORECARD IS DEVELOPED BY ME AND MY AIDES WITH THE
9:48:08AM SAME PEOPLE THAT DO THE REGIONAL SCORECARD.
9:48:11AM THE DIFFERENCE IS OURS IS JUST TAMPA, NOT THE REGION.
9:48:14AM WE BREAK OUT THE NUMBERS.
9:48:16AM ANYBODY CAN LOOK AT IT.
9:48:17AM IT NEEDS TO BE DATA DRIVEN TO ACHIEVE MAXIMUM POSITIVE
9:48:20AM IMPACT ON THE RESIDENTS.
9:48:21AM SOME EXAMPLES OF TAMPA SCORECARD MEDIAN HOUSEHOLD INCOME AND
9:48:26AM THIS IS ONLY THROUGH 2021.
9:48:28AM IT SHOWS TAMPA HASN'T DONE VERY WELL COMPARED TO OUR PEERS

9:48:31AM IN THE STATE.
9:48:32AM OUR HOUSEHOLDS AREN'T DOING VERY WELL.
9:48:35AM THIS IS TAMPA, NOT JUST THE REASON.
9:48:37AM ST. PETERSBURG DOES BETTER THAN TAMPA.
9:48:39AM PER CAPITA, INCOME DISPARITY BETWEEN AFRICAN AMERICANS AND
9:48:43AM CAUCASIANS.
9:48:44AM TAMPA YOU WANT TO BE LOW ON THIS LIST.
9:48:46AM TAMPA IS THE SECOND WORST IN THE STATE.
9:48:49AM ABSOLUTELY HORRIBLE THAT WE HAVE THESE DISPARITIES.
9:48:51AM WE NEED TO CHANGE THEM.
9:48:52AM HOUSING IS A PART OF THE EQUATION WE NEED TO LOOK AT.
9:48:56AM THIS IS THE NUMBER WE CAN CHANGE IF WE HAVE THE RIGHT
9:48:58AM HOUSING POLICY.
9:48:58AM MEDIAN HOUSEHOLD DISPARITY BETWEEN MALE AND FEMALE WORKERS.
9:49:02AM SHOWS ST. PETE DOES BETTER THAN TAMPA.
9:49:04AM TAMPA IS NOT TRENDING WELL.
9:49:06AM WE NEED TO CHANGE THESE NUMBERS.
9:49:09AM THESE ARE MEASURES BY THE U.S. CENSUS, BY THE WAY.
9:49:11AM HOME OWNERSHIP RATE, YOU SEE THAT, AGAIN, TAMPA IS FOURTH IN
9:49:18AM THE STATE AND WE'RE NOT TRENDING IN A DIRECTION WHERE WE ARE
9:49:22AM GOING TO CHANGE HOME OWNERSHIP.
9:49:24AM WE KNOW IN AMERICA HOME OWNERSHIP AND OWNING YOUR OWN
9:49:24AM BUSINESS ARE THE TWO WAYS THAT YOU BUILD INTERGENERATIONAL
9:49:28AM WEALTH.
9:49:28AM I LOOKED AT THE '22 CENSUS THIS MORNING, AND IF I GOT ANY OF

9:49:33AM THE NUMBERS WRONG, TRANSPOSED, I APOLOGIZE, BUT THERE ARE
9:49:36AM JUST UNDER 400,000 PEOPLE IN CITY OF TAMPA.
9:49:39AM THAT TRANSLATES TO 157,000 HOUSEHOLDS.
9:49:44AM THE '22 NUMBER WAS OWNER OCCUPIED HOUSEHOLDS 50.5%, THAT'S
9:49:46AM 79,000 HOUSEHOLDS.
9:49:49AM IF WE WANT TO CHANGE THE NUMBER OF PEOPLE WHO OWN THEIR OWN
9:49:52AM HOMES, WE DON'T HAVE TO CHANGE IT MUCH TO HAVE A BIG
9:49:55AM PERCENTAGE CHANGE.
9:49:55AM SAME THING IF YOU TAKE THE 157 MINUS 79 AND WE LOOK AT
9:49:59AM RENTAL UNITS, WE DON'T HAVE TO MOVE VERY MUCH TO CHANGE THE
9:50:02AM PERCENTAGE.
9:50:02AM WE MEASURE THE OUTCOME INSTEAD OF OUTPUT.
9:50:05AM MEDIAN VALUE OF OWNER OCCUPIED HOME, 333,000.
9:50:10AM PERCENTAGE OF AFRICAN AMERICAN, PERCENTAGE OF AFRICAN
9:50:13AM AMERICAN IS 21.8%.
9:50:16AM 34,000.
9:50:18AM PERCENTAGE OF AFRICAN AMERICANS WHO OWN HOMES IS A LOT LESS
9:50:20AM THAN THE PERCENTAGE OF WHITES, ONLY 39%.
9:50:24AM HERE IS THE PROBLEM, HOWEVER YOU CALCULATE THE OVERALL
9:50:27AM PROBLEM IS ABOUT $10 BILLION.
9:50:29AM I CAN TALK TO YOU ABOUT HOW TO CALCULATE THAT.
9:50:32AM THE LITTLE RED LINE IS THE CITY'S BUDGET.
9:50:36AM WE DON'T HAVE THE MONEY, THE WHOLE CITY BUDGET IS LESS THAN
9:50:39AM 2 BILLION.
9:50:40AM WE DON'T HAVE $10 BILLION.

9:50:42AM THE SOLUTION NOW IS LET'S REACT TO WHAT THE DEVELOPERS WANT.
9:50:47AM ONE DEVELOPER ASKED US FOR $14 MILLION SUBSIDY.
9:50:50AM THAT WAS FOR 37 UNITS AT 80% AMI FOR 30 YEARS, THAT'S
9:50:54AM 375,000 PER UNIT.
9:50:55AM THE CITY'S CAPACITY WE'LL PRESENT TODAY IS 100 MILLION.
9:50:59AM DIVIDE THAT OUT, ONLY IMPACT OF 267 PEOPLE.
9:51:02AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
9:51:04AM [ APPLAUSE ]
9:51:05AM [ SOUNDING GAVEL ]
9:51:07AM >>BILL CARLSON: IF WE HELP A THOUSAND FAMILIES BUY A HOME,
9:51:10AM WE CAN SPEND THE SAME MONEY AND DO THE SAME THING.
9:51:13AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
9:51:20AM [ APPLAUSE ]
9:51:20AM [ SOUNDING GAVEL ]
9:51:23AM MR. DRUMGO, I'D LIKE TO, BEFORE YOU OPEN IT UP TO YOUR
9:51:30AM PRESENTATION, BEING THAT THIS IS ITEM NUMBER 1, I'D LIKE TO
9:51:36AM TAKE PUBLIC COMMENT.
9:51:37AM IS THAT ALL RIGHT?
9:51:39AM OR WOULD YOU RATHER GO INTO THE DISCUSSION AND WITH THE
9:51:41AM BREAKS IN BETWEEN SO WE CAN DIGEST IT MORE EASILY?
9:51:46AM >>ALIS DRUMGO: FOR THE RECORD, ALIS DRUMGO, DEPUTY
9:51:48AM ADMINISTRATOR FOR DEVELOPMENT AND ECONOMIC OPPORTUNITY.
9:51:51AM IT IS AT YOUR PLEASURE AS TO HOW YOU WANT TO MANAGE THAT
9:51:53AM TIME.
9:51:54AM WE WOULD LOVE TO GET INTO THE PRESENTATION TO ALLOW FOR THE

9:51:57AM Q & A TO OCCUR.
9:51:58AM THAT'S HOW IT IS STRUCTURED.
9:52:00AM AGAIN, IT'S AT THE PLEASURE OF COUNCIL AS TO HOW THEY WANT
9:52:05AM TO PROCEED.
9:52:06AM >>ALAN CLENDENIN: I THINK PROCEDURE, BECAUSE WE HAVE TWO
9:52:08AM ITEMS ON THE AGENDA.
9:52:10AM I THINK PROCEDURALLY WE PROBABLY SHOULD HAVE PUBLIC COMMENT
9:52:13AM AFTER ONE.
9:52:14AM WHAT HE'S GOING TO PRESENT IS ITEM NUMBER 2.
9:52:17AM IF WE HAVE TO REPEAT IT AND REDUNDANT, THEN IT IS REDUNDANT.
9:52:21AM >>GUIDO MANISCALCO: FAIR ENOUGH.
9:52:22AM ANYBODY THAT'S HERE WHO WISHES TO SPEAK ON PUBLIC COMMENT
9:52:25AM REGARDING THIS HOUSING WORKSHOP, PLEASE COME UP, STATE YOUR
9:52:28AM NAME.
9:52:30AM WE HAD SOME REGISTERED SPEAKERS.
9:52:31AM ROBIN LOCKETT IS REGISTERED BUT SHE IS HERE.
9:52:34AM WE SEE YOU.
9:52:36AM WE HAVE TWO OTHERS.
9:52:37AM ONE IS REGISTERED FOR ITEMS 1 AND 2, THE OTHER FOR ITEM 2 SO
9:52:41AM WE'LL TAKE THEM LATER.
9:52:42AM WHOMEVER WISHES TO SPEAK, PLEASE COME UP, YOU HAVE THREE
9:52:48AM MINUTES.
9:52:48AM STATE YOUR NAME.
9:52:49AM >>MARTIN SHELBY: CHAIRMAN, MAY I ASK A QUESTION?
9:52:52AM WITH THE PEOPLE SPEAKING NOW, IF THEY ARE TALKING GENERALLY,

9:52:55AM WILL THEY HAVE ANOTHER OPPORTUNITY TO SPEAK AFTER THE SECOND
9:52:59AM ITEM?
9:53:00AM >>GUIDO MANISCALCO: YES.
9:53:00AM DO YOU WANT TO READ THE RULES?
9:53:10AM >>MARTIN SHELBY: GOOD MORNING.
9:53:11AM MARTIN SHELBY, CITY COUNCIL ATTORNEY.
9:53:13AM MEMBERS OF THE PUBLIC ARE ALLOWED A REASONABLE OPPORTUNITY
9:53:16AM TO ADDRESS THE ITEMS ON THE AGENDA BEFORE TODAY'S WORKSHOP.
9:53:19AM THREE-MINUTE TIME LIMIT APPLIES TO ALL SPEAKERS.
9:53:22AM SPEAKERS AND MEMBERS OF THE PUBLIC ARE REMINDED THAT THEY
9:53:24AM ARE TO REFRAIN FROM DISRUPTIVE BEHAVIOR, INCLUDING MAKING
9:53:27AM VULGAR OR THREATENING REMARKS OR MAKING OR CAUSING
9:53:31AM DISRUPTIVE NOISES, SOUNDS OR DISPLAYING SIGNS OR GRAPHICS.
9:53:34AM SPEAKERS ARE ALSO REMINDED TO PLEASE REFRAIN FROM LAUNCHING
9:53:37AM PERSONAL ATTACKS AGAINST ANY CITY OFFICIAL, STAFF MEMBER, OR
9:53:41AM MEMBERS OF THE PUBLIC.
9:53:42AM THE CHAIR WILL RULE OUT OF ORDER ANY PERSON WHO SPEAKS
9:53:45AM WITHOUT BEING RECOGNIZED OR ATTEMPTS TO ADDRESS THE COUNCIL
9:53:48AM FROM OUTSIDE THE SPEAKER AREA AT THE PODIUM AND PERSONS
9:53:51AM FAILING TO COMPLY WITH COUNCIL'S RULES MAY ALSO BE RULED OUT
9:53:55AM OF ORDER AND AT THE DISCRETION OF THE CHAIR MAY BE REMOVED
9:53:58AM FROM THE CHAMBERS FOR THE REMAINDER OF TODAY'S MEETING.
9:54:01AM ALSO, FINALLY, COUNCIL SHOULD BE REMINDED THAT YOU SHOULD
9:54:09AM REFRAIN FROM ENGAGING A SPEAKER DURING PUBLIC COMMENT AND
9:54:12AM THE PUBLIC SHOULD BE AWARE THAT COUNCIL DOES NOT TAKE

9:54:14AM QUESTIONS OR HAVE A DIALOGUE DURING PUBLIC COMMENT.
9:54:18AM THIS IS YOUR OPPORTUNITY TO EXPRESS YOUR POSITION TO CITY
9:54:20AM COUNCIL.
9:54:21AM THANK YOU.
9:54:21AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
9:54:22AM YES, SIR, PLEASE STATE YOUR NAME.
9:54:24AM YOU HAVE THREE MINUTES.
9:54:25AM >> UHURU, MENTESNOT.
9:54:27AM MENTESNOT MEANS ANYTHING IS POSSIBLE.
9:54:29AM UHURU MEANS FREEDOM IN SWAHILI.
9:54:32AM WE AS AFRICAN PEOPLE SHOULD ALWAYS BE THINKING ABOUT OUR
9:54:36AM FREEDOM AND OUR REPARATIONS.
9:54:38AM THE ATTORNEY'S COMMENTS BEFORE EVERY CITY COUNCIL MEETING IS
9:54:44AM CHILDISH AND INSULTING.
9:54:47AM AS CERTAIN THINGS, I'VE GOT KIDS, YOUNG KIDS AND ADULT KIDS.
9:54:51AM CERTAIN THINGS DON'T DISCUSS WITH THEM ANYMORE BECAUSE I
9:54:55AM TRUST THEM.
9:54:56AM IF I DON'T TRUST YOU, THEN YOU'RE GOING TO BE IN TROUBLE IF
9:54:59AM YOU DO THE WRONG THING.
9:55:01AM THAT IS A LITTLE PARENTAL ADVICE.
9:55:05AM LITTLE POLITICAL ADVICE, DON'T SEE A BUNCH OF ADULTS IN A
9:55:09AM PLACE AND GIVE A CHILDISH STATEMENT WEEK AFTER WEEK AFTER
9:55:12AM WEEK.
9:55:12AM IT'S CHILDISH AND INSULTING.
9:55:14AM IT IS.

9:55:15AM HATE THAT I HAVE TO WASTE MY TIME IN THAT.
9:55:18AM I ALWAYS SAY, IF YOU'RE NOT TALKING ABOUT REPARATIONS, IF
9:55:25AM YOU ARE BLACK AND NOT TALKING ABOUT REPARATIONS, YOU'RE NOT
9:55:29AM TALKING ABOUT NOTHING, IS NOTHING AT ALL.
9:55:31AM IF YOU'RE TALKING ABOUT THE SUPER BOWL AND THE THIS AND THE
9:55:35AM THAT AND WHAT MEGAN THE STALLION DID AND WHAT LITTLE KIM DID
9:55:40AM AND WHAT JAY ZEE IS DOING, YOU'RE TALKING ABOUT NOTHING.
9:55:43AM WE AS AFRICAN PEOPLE HAVE TO TALK ABOUT REPARATIONS.
9:55:46AM IT'S GOOD TO SEE THAT WE'RE AT THIS POINT WHERE WE'RE
9:55:49AM TALKING ABOUT HOUSING, WHICH IS PART OF OUR REPARATIONS.
9:55:52AM GOOD TO SEE WE GOT TO THAT JUNCTION.
9:55:55AM BUT I WANT TO SAY THIS, AND NOT REVEALING MY AGE, BUT SINCE
9:56:02AM POE, MARTINEZ, FREEDMAN, GRECO, IORIO, BUCKHORN AND CASTOR,
9:56:15AM AFRICAN PEOPLE HAVE HAD LOTS OF PROMISES AROUND HOUSING.
9:56:19AM I KNEW WHEN WE USED TO LINE UP TO PUT YOUR NAME, SEE MY
9:56:24AM PARENTS DOWN HERE SIGNING UP TO GET DOLLAR HOMES.
9:56:28AM THE CITY WAS GIVING AWAY ONE OR TWO HOMES, BUT THEY WERE
9:56:32AM TAKING AWAY MANY HOMES UNDER CRACK HOUSES AND OTHER THINGS,
9:56:37AM THEY WERE TAKING AWAY FROM THE AFRICAN COMMUNITY.
9:56:40AM THE FACT OF THE MATTER IS, IF WE'RE SPEAKING ABOUT HOUSING,
9:56:44AM WE NEED JANE CASTOR RIGHT HERE RIGHT NOW, RIGHT HERE RIGHT
9:56:49AM NOW.
9:56:52AM DON'T NEED HER SOMEPLACE ELSE.
9:56:54AM DON'T NEED HER WITH A SHOVEL THROWING DIRT IN SOME
9:56:58AM MULTIMILLION DOLLAR PROJECT.

9:56:58AM WE NEED HER RIGHT HERE RIGHT NOW BECAUSE FROM ALL WHAT
9:57:04AM AFRICAN PEOPLE HAVE SEEN IS TRICKERY AND WE END UP GETTING
9:57:10AM NOTHING OUT OF THE DEAL.
9:57:12AM .75 PERCENT, 15 MILLION OUT OF $2 BILLION BUDGET.
9:57:15AM THE POLICE DEPARTMENT GETTING WAY MORE THAN THAT.
9:57:17AM THE FIRE DEPARTMENT IS GETTING WAY MORE THAN THAT AND
9:57:20AM HOUSING IS THE NUMBER ONE ISSUE IN ANY CITY, IN ANY PLACE,
9:57:25AM IN ANY COUNTRY.
9:57:26AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
9:57:28AM >> THANK YOU.
9:57:28AM >>GUIDO MANISCALCO: YES, SIR.
9:57:29AM YES, SIR.
9:57:33AM GOOD MORNING.
9:57:33AM PLEASE STATE YOUR NAME.
9:57:44AM >> GOOD MORNING.
9:57:46AM MY NAME IS PASTOR FRANK WILLIAMS.
9:57:48AM 1112 EAST SCOTT STREET, LOCATION OF MY CHURCH.
9:57:53AM YOU KNOW, IT'S SO SAD WE TALK ABOUT AFFORDABLE HOUSING.
9:58:01AM WHAT IS AFFORDABLE HOUSING?
9:58:04AM IF I GET $1200 A MONTH JUST FOR SOCIAL SECURITY, WHERE AM I
9:58:11AM SUPPOSED TO STAND?
9:58:12AM I GUESS I HAVE TO PAY RENT OF $12,000 A MONTH.
9:58:20AM AND THAT'S RIDICULOUS.
9:58:21AM YOU KNOW, WE GET UP HERE AND WE TALK, WE TALK, WE TALK,
9:58:24AM NEVER GET NO ANSWER.

9:58:26AM WE GET NO ANSWER FROM NONE OF YOU ALL.
9:58:28AM AND YOU ALL SUPPOSED TO BE REPRESENTING THE CITY OF TAMPA,
9:58:33AM BUT WE NEVER GET NO ANSWER.
9:58:41AM I WANT TO GO AHEAD AND READ.
9:58:42AM JUST COME OUT OF THE FLORIDA SENTINEL.
9:58:46AM >> FUTURE COUNCIL MEMBERS AGREE WITH MEMBER VIERA ABOUT
9:58:48AM ESTABLISHING A RACIAL RECONCILIATION COMMITTEE.
9:58:52AM TAMPA CITY COUNCILMAN LUIS VIERA DISTRICT 7 SPENT SEVERAL
9:58:55AM MONTHS SPEAKING WITH COMMUNITY ORGANIZATIONS AND MEMBERS OF
9:58:57AM THE COMMUNITY ABOUT IDEA TO PROPOSE TO FELLOW CITY COUNCIL
9:59:01AM MEMBERS THE ESTABLISHMENT OF A RACIAL RECONCILIATION
9:59:03AM COMMITTEE.
9:59:04AM LAST THURSDAY, FEBRUARY 22, 2024, THE COUNCIL MEMBERS AGREED
9:59:08AM WITH VIERA'S PROPOSAL AND PASSED A PROPOSED 7-0 TO ESTABLISH
9:59:13AM THE COMMITTEE WHICH IS IN THE PLANNING STAGES.
9:59:16AM VIERA AND THE COUNCIL ARE LOOKING TO DO THIS IN
9:59:19AM COLLABORATIVE EFFORT WITH THE TAMPA MAYOR JANE CASTOR.
9:59:21AM HOPEFULLY OVER THE NEXT 30 DAYS THEY WILL SPEND -- WILL HAVE
9:59:26AM DISCUSSED A PROPOSAL WITH MAYOR CASTOR.
9:59:28AM I DO BELIEVE THIS IS SOMETHING THAT IF DONE CORRECTLY CAN
9:59:31AM YIELD GOOD RESULTS FOR OUR CITY AND A MUCH-NEEDED CONTINUED
9:59:36AM DISCUSSION ON PIVOTAL ISSUES, VIERA STATED, END OF QUOTE.
9:59:40AM VIERA BELIEVES THERE SHOULD BE SPECIFIC ISSUES ADDRESSED.
9:59:43AM HE SUGGESTED THE FOLLOWING SIX: AFFORDABLE AND ACCESSIBLE
9:59:47AM HOUSING, RETURNING CITIZENS, ECONOMIC DEVELOPMENT,

9:59:49AM EMPOWERMENT AND ENTREPRENEURSHIP AND THIS CAN INCLUDE
9:59:52AM TRAINING, APPRENTICESHIPS, SMALL BUSINESS GROWTH, CAPITAL
9:59:56AM ACCESS, CONTRACTING, ET CETERA.
9:59:57AM THE SCHOOL TO PRISON PIPELINE AND THIS CAN INCLUDE YOUTH
10:00:04AM EMPLOYMENT AND TRAINING, CIVIC ENGAGEMENT AND RESTORATION OF
10:00:07AM RIGHTS, HISTORICAL, QUOTE, TRUTH TELLING, END OF QUOTE, MUCH
10:00:10AM LIKE THE EQUAL JUSTICE INITIATIVE PROJECT, THIS INVOLVES
10:00:13AM HAVING A GOOD DISCUSSION ON OUR HISTORY AS IT PERTAINS TO
10:00:19AM AFRICAN AMERICANS WITH PUBLIC EDUCATION ON THE SAME.
10:00:22AM WHEN ASKED ABOUT MEMBERS OF THE COMMITTEE, VIERA SAID THERE
10:00:24AM CAN BE DISCUSSIONS ON THIS.
10:00:25AM HOWEVER, HIS IDEA IS THAT EACH COUNCIL MEMBER RECOMMEND ONE
10:00:29AM PERSON, THE MAYOR RECOMMEND A PERSON, A COUPLE OF CORE
10:00:32AM ORGANIZATIONS IN THE COMMUNITY RECOMMEND A PERSON AND ONE
10:00:34AM PERSON WILL SERVE AS A FACILITATOR.
10:00:36AM VIERA EXPLAINED THAT THE PROPOSED COMMITTEE IS IN THE
10:00:39AM PLANNING STAGES AND LOOK FORWARD TO HIS GOOD DISCUSSIONS ON
10:00:43AM THESE ISSUES, END OF QUOTE.
10:00:44AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:00:45AM THANK YOU VERY MUCH, SIR.
10:00:49AM >> I HAD HIM READ THAT BECAUSE I DON'T HAVE MY GLASSES.
10:00:52AM LOOK LIKE THE WORDS ARE ALL IN SPANISH TO ME.
10:00:56AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:00:57AM THAT CONCLUDES YOUR TIME, SIR.
10:01:00AM >> MY TIME ALL UP?

10:01:01AM I AIN'T SAY.
10:01:03AM I HAD HIM READ THAT BECAUSE I DIDN'T HAVE MY GLASSES.
10:01:07AM GIVE ME A LITTLE TIME TO SAY WHAT I HAVE TO SAY.
10:01:10AM THE REASON I HAD HIM READ THAT --
10:01:13AM >>GUIDO MANISCALCO: 30 MORE SECONDS, SIR.
10:01:15AM >> I UNDERSTAND WHAT YOU'RE SAYING.
10:01:17AM YOU GOT THREE MINUTES.
10:01:18AM GIVE ME THREE MINUTES.
10:01:19AM THAT'S ALL I WANT.
10:01:21AM YOU KNOW, AFFORDABLE HOUSING, WHO DESERVE TO LIVE IN
10:01:25AM AFFORDABLE HOUSING?
10:01:26AM IT NOT JUST BLACK.
10:01:29AM WHITE, MEXICAN AND ALL THE REST OF THE POOR PEOPLE.
10:01:34AM I CAN'T EVEN AFFORD TO LIVE IN AFFORDABLE HOUSE.
10:01:38AM I TOLD YOU WHAT I GET.
10:01:41AM $1200 A MONTH.
10:01:43AM WHAT IS $1200 A MONTH IN THIS SOCIETY NOWADAYS.
10:01:46AM YOU CAN'T DO NOTHING WITH $1200 A MONTH.
10:01:50AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
10:01:55AM >> YOU NEED TO GIVE US SOME ANSWERS.
10:01:57AM WE COME UP WEEK AFTER WEEK.
10:01:59AM THIS GUY NAMED LUIS VIERA, YOU KNOW WHAT --
10:02:02AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
10:02:03AM WE HAVE TO GO TO THE NEXT SPEAKER.
10:02:05AM THANK YOU, SIR.

10:02:07AM >> MY DADDY THE ONE THAT TAUGHT ME BLACK HISTORY.
10:02:11AM YOU ALL DON'T WANT TO --
10:02:15AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:02:15AM NEXT SPEAKER, PLEASE.
10:02:17AM GOOD MORNING, MA'AM.
10:02:23AM >> GOOD MORNING, CITY COUNCIL.
10:02:24AM I'M CHLOE CONEY, A WOMAN THAT WEAR MANY HATS.
10:02:29AM IN THE 1990s, I WAS CEO OF CDC OF TAMPA AND BUILT THE
10:02:34AM FIRST APARTMENTS IN TAMPA AND WE PARTNERED WITH BANK OF
10:02:40AM AMERICA AND BUILT 25 SINGLE-FAMILY HOMES THERE.
10:02:43AM I'M HAPPY TO SAY NOW THAT MY SON ERNEST HAS TAKEN OVER AND
10:02:49AM BUILT HUNDREDS OF SINGLE-FAMILY HOMES.
10:02:52AM THANK YOU CITY COUNCIL, CRA, SOME OF YOU HAVE BEEN TO THE
10:02:55AM RIBBON CUTTING THAT WE BUILT THE HOMES WITH THE EAST TAMPA
10:02:59AM CRA.
10:03:00AM AGAIN, I'VE BEEN A STRONG COMPONENT OF AFFORDABLE HOUSING.
10:03:05AM I'M STANDING HERE TODAY TO TALK ABOUT THIS $12 MILLION.
10:03:10AM I APPRECIATE ALL THE STATISTICS THAT YOU CITY COUNCIL
10:03:15AM PROVIDED TO US TODAY BECAUSE IT'S VERY IMPORTANT, BUT I'M A
10:03:19AM STRONG BELIEVER AND MY SON ERNEST COULD NOT BE HERE.
10:03:22AM HE'S IN CALIFORNIA ATTENDING A HOUSING CONFERENCE WITH
10:03:25AM NEIGHBOR WORKS.
10:03:26AM AS HE SUGGESTED TO US AND WE HEARD THE STATISTICS FROM CITY
10:03:30AM COUNCILMAN CARLSON THAT SAID THE RACE BETWEEN WHITES -- I
10:03:35AM KNOW I READ WHAT THE STATE OF FLORIDA, AROUND 70% AND THEN

10:03:39AM BLACKS WAS 40%.
10:03:40AM SO WE HAVE A LONG WAYS TO GO.
10:03:43AM AS THEY SAID, THAT'S THE ONLY WAY WE'RE GOING TO GENERATE
10:03:47AM HOME OWNERSHIP AND FINANCIAL GENERATIONAL WEALTH.
10:03:51AM I WANT TO SUGGEST AND ERNEST TOLD ME TO TELL YOU THIS, THAT
10:03:55AM WE NEED TO START DIVERSIFYING THE HOUSES FOR DENSITY.
10:03:59AM WHY ARE WE BUILDING HOME OWNERSHIP WITH DUPLEXES, CONDOS,
10:04:04AM TOWN HOUSES.
10:04:05AM CDC NOW IS BUILDING OFF OF DATA GARDENS FOR THE HILLSBOROUGH
10:04:10AM COUNTY.
10:04:10AM THEY ARE GOING TO BUILD 24 TOWN HOUSES FOR SALE.
10:04:15AM AGAIN, NOT ONLY JUST BUILDING SINGLE-FAMILY, LET'S START
10:04:19AM DIVERSIFYING IT.
10:04:21AM WE NEED REALLY ALL THE HOUSING.
10:04:22AM I WANT TO SAY THAT RENTAL.
10:04:24AM BUT IN OUR NEIGHBORHOOD IN EAST TAMPA, WE GET NOTHING BUT
10:04:27AM RENTALS NOW.
10:04:28AM IN THE PAST WE KNOW THAT EAST TAMPA WAS A STRONG HOME
10:04:32AM OWNERSHIP OF BLACKS.
10:04:34AM OKAY.
10:04:34AM TO ALLEVIATE ALL THE GENTRIFICATION, LET'S SELL SOME HOUSES
10:04:39AM TO SOME BLACKS IN EAST TAMPA AND SULPHUR SPRINGS, AND I WANT
10:04:44AM TO SAY THANK YOU.
10:04:45AM IF YOU DO SOME TOWN HOUSES, I'M GETTING OLDER NOW.
10:04:49AM SELL MY HOUSE IN THE COUNTY AND MOVE TO THE CITY IN ONE OF

10:04:52AM THEM NICE CONDOS LIKE YOU BUILD IN CHANNELSIDE AND WATERSIDE
10:04:55AM AND ALL OF THAT, OKAY.
10:04:57AM [ APPLAUSE ]
10:04:57AM THANK YOU ALL SO MUCH.
10:04:58AM LET'S PUT MORE MONEY IN THERE.
10:05:00AM THANK YOU.
10:05:00AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:05:01AM YES, MA'AM.
10:05:02AM NEXT SPEAKER.
10:05:02AM GOOD MORNING.
10:05:03AM PLEASE STATE YOUR NAME.
10:05:06AM >> GOOD MORNING.
10:05:07AM CONNIE BURTON.
10:05:09AM THERE IS A SAYING THAT BEFORE YOU CAN TRUST, YOU GOT TO
10:05:13AM VERIFY.
10:05:14AM AND THERE'S BEEN VERY LITTLE WE AS AFRICAN AMERICANS CAN
10:05:20AM VERIFY TO ANYTHING.
10:05:23AM EVERY PROGRAM IN MY LIFETIME THAT HAS BEEN FOR THE BENEFIT
10:05:28AM OF OUR COMMUNITY HAS RESULTED IN SOMETHING THAT WAS NOT FOR
10:05:33AM THE BEST USAGE TO THE AFRICAN COMMUNITY.
10:05:37AM I THINK ABOUT WHEN THEY BUILT THOSE HOMES OVER AT BELMONT
10:05:41AM HEIGHT ESTATES AND WE HAD TO COME TO THE COUNCIL BECAUSE
10:05:47AM THEY WAS INFESTED WITH CHINESE DRYWALL.
10:05:51AM FOR TEN YEARS THOSE WOMEN HAD TO ENDURE THAT BECAUSE WE
10:05:54AM COULDN'T FORCE THE HOUSING AUTHORITY OR OTHERS TO COME TO

10:05:58AM THE TABLE TO HOLD THEM ACCOUNTABLE.
10:06:00AM IN OUR COMMUNITIES WHERE OUR COMMUNITIES HAS BEEN LABELED AS
10:06:05AM DRUG INFESTED, BLIGHTED, FULL OF POVERTY, NOW IT'S PRIME
10:06:11AM REAL ESTATE FOR EVERYBODY EXCEPT US.
10:06:13AM SO THE $12 MILLION IS A DROP IN THE BUCKET.
10:06:17AM WE HAVE PRESENTED PROPOSALS AFTER PROPOSALS TO THE STAFF
10:06:22AM REGARDING HOW CRA MONEY SHOULD BE USED TO UPLIFT OUR SENIORS
10:06:27AM IN HOUSING REPAIRS.
10:06:29AM IT IS IN FILE 55 BECAUSE NOTHING IS BEING DONE AT A RATE IN
10:06:34AM WHICH WE CAN MAKE IT HAPPEN.
10:06:35AM WE HAVE AVAILABLE LOTS RIGHT NOW IN OUR COMMUNITY THAT
10:06:40AM DEVELOPERS DON'T WANT.
10:06:42AM BUT YOU KNOW WHAT, CAN'T GET ANYTHING BUILT ON IT BECAUSE
10:06:45AM I'M OF THE OPINION NOW, SINCE IT IS A TRUST AND VERIFY, THAT
10:06:49AM SOMETHING SINISTER IS HAPPENING.
10:06:52AM THE PUSHING OUT OF BLACK COMMUNITIES.
10:06:55AM AS YOU WROTE RESOLUTION 568, IT AIN'T GOING NOWHERE.
10:06:59AM YOU SAID IT.
10:07:00AM YOU ACKNOWLEDGED HARM AND PAIN THAT HAD BEEN DONE TO AFRICAN
10:07:04AM PEOPLE.
10:07:05AM NOW I DON'T SPEAK FOR OTHER PEOPLE, BUT YOU SAID IN THIS
10:07:08AM RESOLUTION THAT AS IT RELATED TO BLACK PEOPLE THAT POLICIES
10:07:13AM HAVE BEEN WRITTEN TO CAUSE US PAIN.
10:07:16AM HOW WILL IT BE RESTORED THIS MORNING?
10:07:18AM YES, EVERYBODY NEED HOUSING, BUT HOW DO THE COMMUNITY THAT

10:07:22AM HAS BUILT TAMPA, HAVE HELPED BUILD THIS NATION DON'T BENEFIT
10:07:27AM FIRST?
10:07:29AM [ APPLAUSE ]
10:07:30AM [ SOUNDING GAVEL ]
10:07:30AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:07:32AM >> SAYING THAT PART OF THIS PROPOSAL WE'RE HOPING THAT THE
10:07:37AM STAFF HAS VERIFIED, YOU CAN MOVE FORWARD AND SAY THAT EAST
10:07:41AM TAMPA AND EVERY THAT LOOK LIKE ME, HIGH PROPORTION OF BLACK
10:07:48AM PEOPLE LIVING IN POVERTY THAT GO TO WORK EVERY DAY THAT WE
10:07:51AM TALK ABOUT HOUSING THAT'S GOING TO BENEFIT THAT COMMUNITY,
10:07:55AM THAT PEOPLE, THAT GROUP SO OUR CHILDREN CAN SEE A FUTURE
10:08:00AM MOVING FORWARD.
10:08:01AM ONCE WE SEE THAT, THEN WE'LL HAVE A SEAMLESS CITY.
10:08:06AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:08:07AM NEXT SPEAKER, PLEASE STATE YOUR NAME.
10:08:11AM >> GOOD MORNING, ALL.
10:08:12AM MY NAME IS ABDULLAH.
10:08:15AM I THINK THAT SOME OF THESE PEOPLE THAT HAVE SPOKE ARE
10:08:23AM EXCELLENT IN WHAT THEY SAY AND UNDERSTAND.
10:08:27AM I DON'T KNOW WHERE YOU GUYS GET YOUR INFORMATION FROM OR
10:08:31AM YOUR FORWARD, PROGRESSIVE INTENTION, BUT HAVING SERVED THE
10:08:38AM PEOPLE COMING TO YOU FOR YEARS ASKING TO YOU INVEST IN THE
10:08:42AM COMMUNITY.
10:08:42AM EXCUSE ME, SIR, YOU WANTED TO SAY SOMETHING TO THESE PEOPLE.
10:08:48AM YOU WANT TO SAY SOMETHING, YOU'VE GOT MY TIME.

10:08:52AM [ APPLAUSE ]
10:08:55AM >> THANK YOU FOR GIVING UP YOUR TIME.
10:08:57AM I ALWAYS GOT SOMETHING TO SAY.
10:09:00AM WHAT I NEED TO SAY TO YOU ALL AND I WANT TO SAY, GIVE ME
10:09:08AM $1200 A MONTH, WHERE CAN I STAY WITH $1200 A MONTH?
10:09:14AM I'M ALMOST HOMELESS.
10:09:18AM WELL, I AM HOMELESS.
10:09:19AM MY ROOF NEEDS FIXING.
10:09:21AM YOU ALL WON'T DO NOTHING ABOUT IT.
10:09:24AM THINGS NEED REPAIRED.
10:09:25AM NEED FOOD IN MY HOUSE, WON'T DO NOTHING ABOUT IT.
10:09:30AM SENT A LETTER THE OTHER DAY I'M QUALIFIED TO GET $125 FOOD
10:09:40AM STAMPS.
10:09:40AM IS THAT BREAKFAST?
10:09:44AM FOOD AND EVERYTHING ELSE GOING UP SO HIGH.
10:09:47AM GIVING ME THE SPACE, I WANT TO THANK YOU VERY MUCH.
10:09:54AM THEY DON'T WANT ME TO TALK BECAUSE I SPEAK THE TRUTH.
10:09:57AM NOBODY WANTS TO HEAR THE TRUTH NOWADAYS, BUT WE'VE GOT TO
10:10:00AM SPEAK THE TRUTH.
10:10:01AM BEEN A PREACHER NOW FOR 50 YEARS.
10:10:06AM NOW TRYING TO TAKE MY CHURCH.
10:10:08AM PARADISE MISSIONARY BAPTIST CHURCH.
10:10:11AM NONE OF YOU ALL COME DOWN THERE AND TRY TO SAVE THE CHURCH
10:10:16AM AND HELP ME.
10:10:17AM THEY WANT TO GIVE IT TO THE SPANISH PEOPLE BECAUSE I DON'T

10:10:21AM SPEAK SPANISH.
10:10:22AM WE'RE GOING TO HAVE A COMMITTEE.
10:10:25AM IF YOU ALL DON'T WANT TO DO NOTHING FOR ME, I GET THE
10:10:30AM GOVERNOR COME HERE.
10:10:31AM MAYBE HE CAN DO SOMETHING.
10:10:34AM BELMONT HEIGHTS AND JACKSON HEIGHTS, YOU NEED TO FILL THEM
10:10:40AM IN AND LET US BE A SCHOOL THAT WILL ACCEPT AND BE A CHURCH
10:10:46AM THAT PEOPLE WANT TO COME TO AND EVERYTHING.
10:10:48AM WHAT WE NEED RIGHT NOW, WE NEED A VISION AND A BLESSING FROM
10:10:53AM THE ALMIGHTY GOD BECAUSE YOU ALL DON'T WANT TO DO A DAMN
10:10:58AM THING.
10:10:58AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:10:58AM [ SOUNDING GAVEL ]
10:10:59AM PLEASE BE QUIET IN THE AUDIENCE SO EVERYONE CAN SPEAK.
10:11:03AM YES, MA'AM.
10:11:07AM >> MY NAME IS SHERMAIN MOSS TORRES.
10:11:12AM GOOD MORNING MEMBERS OF THE CITY COUNCIL.
10:11:14AM I'M HERE TO REPRESENT THE CDC OF TAMPA.
10:11:16AM I KNOW MS. CHLOE CONEY SPOKE TO YOU A LITTLE BIT ABOUT WHAT
10:11:20AM WE DO.
10:11:20AM I'M REPRESENTING MY CEO, ERNEST CONEY.
10:11:24AM AS YOU BEGIN TO SIT AND THINK ABOUT HOW YOU WANT TO DISBURSE
10:11:30AM AND PLAN OUT THE $12 MILLION, WE ENCOURAGE YOU TO CONSIDER
10:11:34AM HOME OWNERSHIP OR SALE HOUSING VERSUS RENTAL HOUSING.
10:11:38AM WHAT I WANT TO PROVIDE TO YOU IS THE RATIONALE FOR THAT.

10:11:41AM I WANT TO THANK MR. COUNCILMAN FOR BRINGING UP THOSE
10:11:44AM STATISTICS THAT SPOKE TO HOW WE FARE ACROSS THIS STATE AND
10:11:49AM ACROSS THE BAY.
10:11:50AM THE FUNNY THING IS, THOSE STATISTICS AREN'T NEW.
10:11:54AM WE'VE KNOWN FOR A LONG TIME THAT WE WERE IN THIS SITUATION,
10:11:57AM AND THERE IS A SAYING THAT STATES, IF YOU KEEP DOING THE
10:12:01AM SAME OLD THINK AND EXPECT DIFFERENT RESULTS, WE CALL THAT
10:12:04AM INSANITY.
10:12:05AM WE'RE GOING TO ASK THAT WE SUPPORT HOME OWNERSHIP THROUGHOUT
10:12:09AM THE CITY FOR THOSE INDIVIDUALS THAT WE SPOKE ABOUT EARLIER
10:12:13AM BECAUSE WE KNOW THAT HOME OWNERSHIP IS THE BEST WAY TO
10:12:17AM GENERATE WEALTH.
10:12:19AM EQUITY THAT ONE FAMILY COULD RECEIVE BASED OFF OF THE
10:12:22AM THOUSAND THAT WE SPOKE ABOUT BEFORE ARE THE SAME FAMILIES
10:12:24AM THAT WILL CONTRIBUTE TO THE BUSINESSES AND SUCH IN WHICH
10:12:28AM EVERY COMMUNITY WOULD BUILD UP THE CITY OF TAMPA AS WELL,
10:12:32AM BUT IT WOULD ALSO HELP THOSE FAMILIES SEND THEIR CHILDREN TO
10:12:35AM SCHOOL, TAKE BETTER SCHOOLS AND BETTER JOBS SO THEY ARE NOT
10:12:38AM IN A SITUATION WHERE IF THEY WERE IN A SUBSIDIZED RENTAL
10:12:42AM SPACE THAT THE RENTALS WILL CONTINUOUSLY OUTPACE THEIR
10:12:46AM INCOME BECAUSE THERE ARE FEW OPPORTUNITIES, IF YOU WILL, FOR
10:12:49AM THEM TO INCREASE THEIR INCOME AND GARNER JOBS THAT WILL HELP
10:12:54AM THEM SUPPORT THE AMOUNTS OF THOSE INCREASES.
10:12:56AM THE SUBSIDIZING OF RENTAL SPACE IS ONLY SUPPORT THE OWNERS.
10:13:00AM THAT EQUITY GOES INTO THE OWNERS.

10:13:02AM IT DOES NOT SUPPORT THOSE WHO ARE WITHIN THOSE HOMES.
10:13:05AM SO THOSE OWNERS ARE THE ONES THAT BENEFIT, NOT THE TENANTS,
10:13:12AM NOT THOSE INDIVIDUALS AND THOSE NUMBERS THAT WERE ON THAT
10:13:14AM SCREEN TODAY.
10:13:15AM LASTLY, I'LL LEAVE YOU WITH FOR SALE OPTIONS, ALSO
10:13:23AM ACCOMMODATE DENSITY IN THE FORM OF EXACTLY WHAT MS. CONEY
10:13:28AM SPOKE TO US TODAY.
10:13:30AM THE CONCEPT OF BUILDING THE TOWNHOMES AND CONDOS VERSUS
10:13:33AM UNITS, BUT CONDOS THAT HAVE AMENITIES THAT ALL OF US WOULD
10:13:38AM BE ABLE TO DESERVE, CITIZENS WOULD BE IMPORTANT.
10:13:41AM THINK ABOUT THAT.
10:13:42AM THINK ABOUT THE FACT THAT THOSE SAME UNITS, INSTEAD OF
10:13:45AM RENTING WOULD BE ABLE TO BUILD OUR CITIZENS.
10:13:48AM BUILD THE LIVES OF OUR TENANTS AND THEIR FUTURE GENERATIONS.
10:13:51AM WHO WOULD NOT WANT THAT?
10:13:53AM WHAT CITY WOULD NOT WANT TO SAY THEY HAVE INVESTED IN THOSE
10:13:57AM WHO NEED IT THE MOST, THOSE WHO TRADITIONALLY DID NOT HAVE
10:14:00AM VOICE TO ARTICULATE WHAT YOU ALREADY KNOW.
10:14:03AM IF YOU WANT TO MAKE SURE THIS MOVES FORWARD AND MAKES A
10:14:06AM DIFFERENCE, DON'T DO THE SAME OLD THING.
10:14:09AM THANK YOU.
10:14:10AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:14:11AM NEXT SPEAKER, PLEASE STATE YOUR NAME.
10:14:13AM GOOD MORNING.
10:14:13AM >> GOOD MORNING.

10:14:14AM KIMBERLY OVERMAN AND FOUNDER AND CEO OF THE HOUSING
10:14:19AM LEADERSHIP COUNCIL OF TAMPA BAY.
10:14:21AM I'M HERE THIS MORNING BECAUSE I DO APPRECIATE THE WORK
10:14:25AM THAT'S BEEN DONE BY YOUR STAFF TO BE ABLE TO BRING THE DATA
10:14:28AM AND THE STATS YOU NEED TO MAKE GOOD POLICY DECISIONS.
10:14:31AM I APPRECIATE THAT YOU WANT TO SET GOALS TO BE ABLE TO
10:14:34AM DETERMINE HOW THE CRA MONEY THAT YOU'VE ALREADY VOTED TO
10:14:37AM ALLOCATE TOWARDS HOUSING IS A GOOD PRIORITY TO BE DONE.
10:14:42AM AS IT IS, OUR REGION HAS NEVER REALLY SET A HOUSING STRATEGY
10:14:46AM ON HOW TO ADDRESS SUSTAINABLE ECONOMIC GROWTH FOR OUR
10:14:49AM COMMUNITIES AND OUR FAMILIES AND OUR RESIDENTS AND OUR
10:14:51AM BUSINESSES.
10:14:52AM BUT YOU'VE GOT TO BRING EVERYBODY TO THE TABLE.
10:14:55AM IF YOU'RE NOT BRINGING THE FOLKS THAT HAVE OWNED HOMES IN
10:14:59AM OUR COMMUNITIES AND HELPED THEM STAY IN THEIR COMMUNITIES,
10:15:03AM THEY ARE GOING TO GET THAT PHONE CALL EVERY DAY, TEXT
10:15:06AM MESSAGES EVERY DAY, E-MAILS EVERY DAY, THAT CARD FROM AN
10:15:09AM INVESTOR THAT IS GOING TO COME AND SIT ON THEIR DOORSTEP AND
10:15:13AM WAIT FOR THAT FAMILY TO LOSE THEIR ELDER.
10:15:17AM THE HIGHEST POPULATION OF BLACK OWNED HOME OWNERSHIP IN THE
10:15:21AM CITY IS IN EAST TAMPA.
10:15:23AM THE AVERAGE AGE IS ABOUT 55.
10:15:25AM SO OVER THE NEXT FIVE TO TEN YEARS, THAT ENTIRE COMMUNITY
10:15:30AM WILL GENTRIFY LIKE WE'VE SEEN AND WAS REPORTED IN SUNDAY'S
10:15:35AM PAPER ABOUT SOUTH ST. PETE.

10:15:36AM IF WE DON'T HAVE A STRATEGY FOR MAKING SURE THAT HOME
10:15:40AM OWNERSHIP IS MAINTAINED BY THOSE WHO OWN HOMES AND INCREASE
10:15:45AM THE LEVEL OF HOME OWNERSHIP OPPORTUNITY BY EXPANDING YOUR
10:15:49AM ZONING, YOUR CODE, AND YOUR PLANNING TO INCLUDE MULTIPLE
10:15:54AM METHODS OF HOUSING, THE DUPLEXES, WE HAVE POLICIES IN PLACE
10:16:01AM IN AREAS, NOT EVERYWHERE, WHERE YOU CAN'T BUILD AN ADU.
10:16:06AM YOU CAN'T BUILD A TRIPLEX.
10:16:08AM YOU CAN'T BUILD A DUPLEX WITHOUT IT BEING HIGHLY COMPLICATED
10:16:12AM TO A POINT WHERE A FAMILY CAN'T BUILD THAT FOR THEIR FAMILY.
10:16:16AM THAT'S NOT OKAY.
10:16:18AM IT'S COST PROHIBITIVE.
10:16:20AM AND WHEN THE ZONING PROHIBITS THAT HAPPENING, YOU AS CITY
10:16:24AM COUNCIL HAVE THE ABILITY TO ADDRESS THAT ISSUE.
10:16:26AM SO I IMPLORE YOU TO REALLY IN DEVELOPING YOUR GOALS, NOT TO
10:16:31AM FORGET THAT THE TYPE OF MISSING MIDDLE HOUSING THAT WE NEED
10:16:35AM -- AND I'M NOT TALKING ABOUT MISSING COST.
10:16:37AM I'M TALKING ABOUT MISSING TYPE, OF HOUSING THAT'S NEEDED FOR
10:16:41AM OUR SENIORS.
10:16:42AM ARP RECENTLY HAD A CONTEST OF BUILDERS TO BE ABLE TO SHOW
10:16:48AM DIFFERENT MODELS OF HOUSING THAT IS VERY AFFORDABLE, BUT
10:16:52AM WILL NOT BE APPROVED IN THE CITY OF TAMPA BECAUSE OF OUR
10:16:55AM ZONING AND OUR CODES.
10:16:56AM THAT'S NOT OKAY FOR THE SENIORS THAT NEED TO BE ABLE TO
10:17:00AM LIVE, LIKE THIS GENTLEMAN THAT HAS 1200 MAY OWN HIS HOME BUT
10:17:04AM CAN'T FIGURE OUT HOW TO STAY IN IT BECAUSE HE DOESN'T HAVE

10:17:09AM THE ABILITY TO COVER HIS UTILITIES AND HE CERTAINLY CAN'T
10:17:11AM MAINTAIN THE PROPERTY.
10:17:12AM WHEN GETS CODE VIOLATIONS AGAINST HIM AND TAKES HIS
10:17:16AM PROPERTY, THAT'S NOT OKAY.
10:17:18AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:17:20AM >> I WANT YOU TO INCLUDE THAT IN YOUR THOUGHT PROCESS AND
10:17:22AM YOUR POLICIES WHEN YOU DO THAT.
10:17:23AM I THANK YOU FOR YOUR TIME.
10:17:24AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:17:26AM YES, MA'AM.
10:17:26AM [ APPLAUSE ]
10:17:26AM YES, MA'AM.
10:17:30AM GOOD MORNING.
10:17:30AM PLEASE STATE YOUR NAME.
10:17:31AM >> GOOD MORNING.
10:17:31AM DR. MICHELLE WILLIAMS, ALSO FOUNDER AND CEO OF THE STAY WOKE
10:17:36AM PODCAST PROGRAM AND RADIO.
10:17:39AM TODAY WE GATHER UNDER THE SHADOW OF A CRISIS, A CRISIS THAT
10:17:43AM NOT ONLY TESTS OUR MORAL FABRIC BUT CHALLENGES THE VERY
10:17:47AM PRINCIPLES OF JUSTICE AND EQUALITY THAT DEFINE US.
10:17:50AM WE STAND BEFORE THIS ESTEEMED DAIS NOT AS PETITIONERS OF
10:17:56AM CHARITY BUT AS ADVOCATES FOR JUSTICE, NOT AS BEGGARS ON THE
10:18:01AM STREET BUT AS BEARERS OF TRUTH DEMANDING AN END TO THE
10:18:04AM HOUSING CRISIS THAT DISPROPORTIONATELY AFFLICTS THE BLACK
10:18:09AM COMMUNITY IN OUR BELOVED CITY OF TAMPA.

10:18:11AM THE HOUSING CRISIS WE SPEAK OF TODAY IS NOT MERELY A MATTER
10:18:16AM OF ECONOMICS.
10:18:18AM IT IS A REFLECTION OF A DEEPER INJUSTICE THAT HAS ROOTS IN A
10:18:24AM HISTORY OF DISCRIMINATION AND EXPLOITATION.
10:18:26AM THE PRICES OF HOMES, THE GENTRIFICATION OF NEIGHBORHOODS AND
10:18:31AM THE WIDENING CHASM BETWEEN THE RICH AND THE POOR ARE PUT
10:18:36AM SYMPTOMS OF A DISEASE THAT HAS PLAGUED OUR SOCIETY FOR FAR
10:18:40AM TOO LONG.
10:18:41AM IN 2020, THIS DIOCESE, ALONGSIDE ATTORNEYS AND ADVISORS
10:18:47AM ACKNOWLEDGED THE SCARS LEFT BY SLAVERY ON THE BLACK CITIZENS
10:18:51AM OF TAMPA.
10:18:52AM THIS ACKNOWLEDGMENT WAS A BEACON OF HOPE, A PROMISE OF
10:18:56AM REDRESS AND RECONCILIATION, YET FOUR YEARS HAVE PASSED AND
10:19:00AM WE FIND OURSELVES ECHOING THE WORDS OF THE PROPHETS JUSTICE
10:19:06AM DELAYED IS JUSTICE DENIED.
10:19:08AM WE ARE TOLD TO WAIT, BUT HOW LONG CAN WE PATIENTLY BE
10:19:14AM PREACHED TO THE WARY.
10:19:16AM PROMISES UNKEPT AND ACKNOWLEDGMENTS UNACTED UPON, OUR CALL
10:19:20AM TO ACTION TODAY IS NOT BORN OUT OF A DESIRE OF RETRIBUTION
10:19:25AM BUT FROM A DEEP-SEATED BELIEF IN FAIRNESS AND THE
10:19:27AM POSSIBILITY OF HEALING AND UNITY.
10:19:30AM THE LANDS UPON WHICH WE STAND, HALLOWED BY THE BLOOD AND
10:19:35AM SWEAT OF THOSE WHO CAME BEFORE US ARE CRYING OUT FOR OUR
10:19:37AM JUSTICE.
10:19:38AM THESE SACRED GROUNDS DESECRATED BY INDIFFERENCES IN GREED

10:19:43AM ARE A TESTAMENT TO THE STRUGGLES ENDURED BY OUR ANCESTOR.
10:19:47AM IT IS UPON US, THE DESCENDANTS TO HONOR THEIR LEGACY BY
10:19:51AM ENSURING THAT JUSTICE IS NOT JUST A CONCEPT ENSHRINED IN
10:19:57AM BOOKS BUT A REALITY EXPERIENCED BY ALL.
10:19:59AM TO THE LEADERS OF THIS DIOCESE AND TO ALL THOSE IN POSITION
10:20:03AM OF POWER, WE SAY ACKNOWLEDGE THE DEPTH OF THIS CRISIS,
10:20:07AM COMPENSATE THOSE WHO HAVE BEEN WRONGED.
10:20:09AM LET US WORK TOGETHER TO CREATE A FUTURE WHERE THE COLOR OF
10:20:12AM ONE'S SKIN DOES NOT DETERMINE THEIR ACCESS TO A HOME, THE
10:20:17AM OPPORTUNITY TO DIGNITY.
10:20:18AM LET US BUILD A COMMUNITY WHERE EVERY MAN, WOMAN, AND CHILD
10:20:22AM REGARDLESS OF THEIR RACE OR INCOME CAN SAY THAT WE NOW HAVE
10:20:25AM A PLACE TO CALL HOME.
10:20:29AM [ APPLAUSE ]
10:20:29AM [ SOUNDING GAVEL ]
10:20:33AM >>GUIDO MANISCALCO: YES, MA'AM.
10:20:33AM NEXT SPEAKER, PLEASE STATE YOUR NAME.
10:20:37AM >> HELLO.
10:20:37AM MY NAME IS LORETTA BAKER.
10:20:39AM I CAME HERE WITH SOLUTIONS.
10:20:42AM I KNOW YOU'RE TALKING ABOUT HOUSING.
10:20:46AM MY SOLUTION IS I'M A REAL ESTATE AGENT.
10:20:49AM I'M RETIRED.
10:20:50AM I CAME ACROSS THIS PROPERTY AND KEEP TELLING EVERYBODY ON
10:20:54AM COUNCIL, TOLD AT TIGER BAY, 32 UNIT CONDO THAT SITS VACANT.

10:20:59AM BEEN VACANT FOR YEARS BECAUSE THE OWNER CANNOT SELL IT, YOU
10:21:03AM SAY IT IS DERELICT.
10:21:04AM NO, IT'S NOT.
10:21:05AM IT IS A BUILDING THAT SITS THERE BECAUSE IT HAS TO BE OWNED
10:21:08AM BY HOA AND IT DOESN'T HAVE ONE SO ONLY CAN SELL IT AS ONE
10:21:12AM UNIT.
10:21:12AM BUY THE ONE UNIT THAT'S 32 HOMES RIGHT NOW, AS SOON AS YOU
10:21:16AM CAN GET THE HOA DONE AND UP AND RUNNING, YOU CAN PUT 32
10:21:21AM FAMILIES.
10:21:21AM DON'T HAVE TO REHAB IT.
10:21:23AM 32 FAMILIES THAT CAN HAVE OWNERSHIP.
10:21:25AM IT'S AT 2424 TAMPA BAY BOULEVARD.
10:21:28AM IT'S RIGHT IN THAT COMPLEX.
10:21:28AM IT'S BUILDING N.
10:21:29AM IT SITS VACANT.
10:21:31AM I SAID IT A MILLION TIMES.
10:21:33AM YOU SAY YOU HAVE A PROBLEM, BUT I SEE SOLUTIONS TO THE
10:21:36AM PROBLEM.
10:21:36AM THAT BUILDING HAS EIGHT THREE-BEDROOM, TWO BATH.
10:21:42AM IT HAS EIGHT TWO-BEDROOM, ONE BATH.
10:21:42AM 16 TWO BATH UNITS.
10:21:48AM IT'S ALL READY TO GO.
10:21:49AM IT'S NOT MY LISTING.
10:21:51AM NOT LIKE I'M TRYING TO SELL REAL ESTATE TO YOU.
10:21:54AM IT IS A SOLUTION TO THE PROBLEM.

10:21:55AM EVERYBODY IS TALKING ABOUT SULPHUR SPRINGS AND HOW THEY ARE
10:21:58AM TRYING TO MAKE THAT AREA BETTER.
10:22:00AM AS A REAL ESTATE AGENT I KNOW IT'S VERY HARD FOR ME TO SELL
10:22:03AM ANYBODY ANYTHING IN SULPHUR SPRINGS.
10:22:06AM EVERYBODY KNOWS WHY.
10:22:07AM I CAN'T STEER YOU AWAY FROM IT, BUT THERE IS A REASON WHY.
10:22:11AM TOWER PARK, SITS ALL THIS PRISTINE LAND THAT THE CITY MOWS
10:22:15AM ALL THE TIME AND KEEPS IT NICE AND BEAUTIFUL.
10:22:18AM THIS LITTLE TOWER, SUPPOSED TO BE A WATER PUMP, WHY DON'T WE
10:22:21AM PUT NICE UNITS THERE.
10:22:23AM INSTEAD OF 22nd STREET AND HILLSBOROUGH WHICH ALREADY GOT
10:22:27AM INCOME-BASED HOUSING ALREADY THERE, WHY ARE WE JUST KEEPING
10:22:30AM IT OVER THERE?
10:22:31AM HILLSBOROUGH IS ALREADY A MESS.
10:22:35AM JUST A WHOLE MESS.
10:22:37AM YOU ALREADY HAVE THE ROAD STRUCTURES OVER THERE.
10:22:39AM YOU HAVE THE LAND ALREADY CLEARED.
10:22:41AM THE CITY OWNS IT.
10:22:43AM WHY DON'T YOU PUT IT THERE?
10:22:44AM I DON'T UNDERSTAND WHY CAN'T IT BE RIGHT THERE?
10:22:48AM YOU CAN PUT HOUSES THERE.
10:22:50AM AFFORDABLE HOUSING, PLUS AFFORDABLE HOUSING WHERE CAN BRING
10:22:54AM EQUITY.
10:22:55AM YOU BUY A HOUSE IN SULPHUR SPRINGS, THE AMOUNT OF EQUITY
10:22:58AM YOU'LL GAIN DOWN THERE AS OPPOSED TO ANYPLACE ELSE IN TAMPA

10:23:02AM IS NOT WORTH AN INVESTMENT.
10:23:05AM THE ONLY THING GOOD FOR IS FOR INVESTORS.
10:23:07AM NOT A GOOD INVESTMENT FOR ME TO LIVE THERE WITH MY FAMILY
10:23:11AM BECAUSE IT WILL NEVER, EVER GAIN THE VALUE THAT IT WOULD
10:23:15AM ANYWHERE ELSE IN TAMPA.
10:23:17AM ALSO, USE CODE ENFORCEMENT TO RECOGNIZE PLACES THAT MAYBE
10:23:20AM YOU CAN CONTACT THOSE OWNERS AND FIGURE OUT WHAT THEY NEED
10:23:24AM TO GET THE HOMES UP AND GOING, INSTEAD OF GIVING TO AN
10:23:29AM INVESTOR.
10:23:30AM NEED TO WORK WITH THE COUNTY AND GET THESE TAXES.
10:23:34AM ONE OF THE REASONS PEOPLE DON'T BUY HOUSES, TAXES KILL YOU.
10:23:37AM IF INTEREST DON'T KILL YOU, TAXES GET YOU.
10:23:43AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, MA'AM.
10:23:45AM YES, MA'AM.
10:23:45AM NEXT SPEAKER, PLEASE STATE YOUR NAME.
10:23:49AM >> HI.
10:23:49AM MY NAME IS VALERIE BULLOCK, A RESIDENT OF PONCE De LEON IN
10:23:55AM COLLEGE HILL.
10:23:56AM I WANT TO TALK ABOUT THE HOUSING CRISIS.
10:23:58AM I THINK THE FIRST THING WE NEED TO LOOK AT IS THE BARRIERS.
10:24:03AM LOT OF BARRIERS WHEN IT COMES TO RENT AND OWNING.
10:24:07AM GO OVER TO WEST RIVER, OLD MAIN STREET PROJECTS, WHEN YOU GO
10:24:12AM IN THERE THEY HAVE A 25-PAGE APPLICATION FOR YOU.
10:24:16AM YOU CANNOT TAKE IT OUT THE DOOR.
10:24:18AM THEY GO BACK ON YOUR CRIMINAL HISTORY 20 YEARS.

10:24:23AM AND ALL THE NEW PROJECTS ARE RENT BY PROPERTY MANAGEMENT
10:24:28AM COMPANY WHICH ARE SPANISH AND THE MAJORITY OF PEOPLE THAT
10:24:31AM STAY IN THEM ARE SPANISH.
10:24:34AM A LOT OF BLACK PEOPLE THAT MOVED OUT OF THOSE PLACES AND
10:24:37AM THEY WASN'T GIVEN A CHANCE TO MOVE BACK IN IT.
10:24:41AM AND FOR ME THE HARDEST THING I SEE WHEN SOMEONE IS BUILDING
10:24:45AM IN OUR NEIGHBORHOOD, THEY ARE NOT BUILDING FOR US.
10:24:49AM THE NEW APARTMENT COMPLEXES THAT GO UP, PEOPLE WHO STAY IN
10:24:53AM THAT NEIGHBORHOOD THAT LOOK LIKE ME, GOT HAIR LIKE ME, THE
10:24:59AM CHANCES OF THEM MOVING IN THERE VERY SMALL.
10:25:02AM AND ANOTHER THING, WHEN IT COMES TO TAMPA HOUSING AUTHORITY,
10:25:05AM THE MAYOR PICKED THE PEOPLE WHO WORK THERE AND THEY HAVE A
10:25:09AM WHOLE LIFETIME.
10:25:11AM YOU CANNOT GET RID OF THEM.
10:25:14AM WE NEED CAPS ON THEM THE SAME WAY CITY COUNCIL, YOU GOT X
10:25:18AM AMOUNT OF YEARS, THESE TERMS, THAT IS THE SAME THING WE NEED
10:25:22AM FOR TAMPA HOUSING AUTHORITY.
10:25:24AM TOO MANY PEOPLE IN THE BED TOGETHER THAT'S MAKING THE
10:25:27AM DECISIONS IN THE CITY OF TAMPA.
10:25:30AM WE NEED SEPARATE ENTITIES AND WE NEED TO HAVE
10:25:35AM ACCOUNTABILITY.
10:25:35AM IT'S JUST LIKE THE MONEY FROM THE CITY.
10:25:38AM WE GONNA GIVE IT TO THE SAME OLD NONPROFIT, THE SAME OLD
10:25:43AM ORGANIZATION.
10:25:43AM NOTHING CHANGED IN MY NEIGHBORHOOD.

10:25:46AM NOTHING HAVE CHANGED.
10:25:49AM JOHNNY MAY 90 YEARS OLD.
10:25:52AM NEEDS CABINETS IN HER HOUSE.
10:25:53AM MS. LOUISE IS 84 YEARS OLD.
10:25:56AM I BOUGHT HER THE BATHTUB, WALL AND TOILET SO SHE COULD FIX
10:26:00AM HER BATHROOM UP.
10:26:02AM SHE NEEDS MORE HELP.
10:26:03AM WHAT DOES EAST TAMPA CRA SAY?
10:26:06AM IF WE GIVE YOU THE HELP WE'RE GONNA PUT A 30-YEAR LIEN ON
10:26:10AM YOUR HOUSE.
10:26:11AM NOW I HAD A MORTGAGE ON MY HOUSE.
10:26:14AM MY DAUGHTER HAVE A MORTGAGE AND MY GRANDDAUGHTER HAVE A
10:26:17AM MORTGAGE.
10:26:18AM BUT WHEN SOMEONE IS BUYING A HOUSE, WE'LL GIVE THEM 45 OR
10:26:23AM 50,000 DOLLARS DOWN PAYMENT ASSISTANCE.
10:26:27AM IF THEY STAY THERE SEVEN YEARS, IT'S FORGIVEN.
10:26:31AM MS. JOHNNY MAY HAVE BEEN IN HER HOUSE 67 YEARS.
10:26:35AM IF YOU FIX IT, I'M PRETTY SURE SHE'LL GO AHEAD AND STAY
10:26:39AM THERE.
10:26:39AM WHEN SOMETHING IS GOING ON IN EAST TAMPA CRA, I WALK ALL UP
10:26:45AM AND DOWN MY NEIGHBORHOOD, KNOCKING ON DOORS, STOPPING PEOPLE
10:26:48AM ON THE STREETS.
10:26:49AM THEY HAVE TREE TRIMMING FUNDS, DO YOU WANT YOUR TREES
10:26:52AM TRIMMED?
10:26:52AM HERE IS AN APPLICATION.

10:26:54AM THEY GOT THIS FOR THE ROOF.
10:26:56AM IT'S BEEN IN THE PAPER THEY'LL GIVE YOU $50,000 PER
10:26:59AM HOMEOWNER TO FIX YOUR HOUSE UP TO PAR, THE MONEY NEVER CAME.
10:27:06AM >>GUIDO MANISCALCO: YES, MA'AM.
10:27:07AM THANK YOU VERY MUCH.
10:27:07AM NEXT SPEAKER, PLEASE STATE YOUR NAME.
10:27:10AM >> GOOD MORNING.
10:27:10AM SHAWN WILSON, AGAIN, FROM BLUE SKY COMMUNITIES.
10:27:13AM I DO WANT TO ECHO A LOT OF THE SENTIMENTS THAT I'VE HEARD
10:27:16AM HERE TODAY.
10:27:17AM I THINK THAT THE CITY SHOULD HAVE A VERY ROBUST HOME
10:27:21AM OWNERSHIP PROGRAM.
10:27:22AM THAT'S NOT THE WORK THAT WE DO AT BLUE SKY, BUT I DO THINK
10:27:26AM THE CITY SHOULD HAVE A VERY ROBUST PROGRAM.
10:27:28AM YOU HAVE A LOT OF SINGLE-FAMILY NEIGHBORHOODS THAT THEY ARE
10:27:32AM NEVER GOING TO GET DEVELOPED INTO ANYTHING VERY DENSE AND
10:27:36AM THEY SHOULD STAY SINGLE-FAMILY AND YOU SHOULD PROMOTE THAT.
10:27:38AM YOU SHOULD ALSO HAVE A VERY ROBUST OWNER OCCUPIED REHAB
10:27:42AM PROGRAM THAT MIGHT ADDRESS SOME OF THE OTHER CONCERNS THAT
10:27:46AM WERE RAISED BY THE PEOPLE HERE TODAY.
10:27:47AM I WOULD POINT OUT I'M ALSO A CITY OF TAMPA HOMEOWNER.
10:27:50AM I LIVE IN A NEIGHBORHOOD WITH QUITE A MIXED INCOME GROUP AND
10:27:56AM A LOT OF HOMELESS PEOPLE.
10:27:57AM I FEEL LIKE I'M DEFINITELY LIVING A SIMILAR EXPERIENCE THAT
10:28:05AM ANY OTHER CITY OF TAMPA HOMEOWNER LIVES.

10:28:07AM BUT WHATEVER YOU DO, YOU'RE GOING TO HAVE A BALANCED PROGRAM
10:28:11AM BECAUSE THERE IS A SYSTEM FOR AFFORDABLE HOUSING
10:28:13AM DEVELOPMENT.
10:28:14AM THAT DOESN'T MEAN YOU CAN'T INNOVATE AND EVOLVE.
10:28:17AM BUT YOU'RE NOT GOING TO DO ANYTHING VERY REVOLUTIONARY
10:28:20AM BECAUSE EVERYTHING YOU DO IS GOING TO REQUIRE A LOT OF
10:28:23AM LEVERAGING.
10:28:24AM WHAT IS THAT?
10:28:25AM THAT IS A LOT OF STATE MONEY AND A LOT OF FEDERAL MONEY AND
10:28:28AM A LOT OF PRIVATE MONEY FROM THE BANKS.
10:28:31AM YOU WANT TO DO OWNER OCCUPIED, FINE, MAKE SURE THAT THE
10:28:35AM BANKS ARE RIGHT THERE WITH YOU.
10:28:36AM I KNOW THAT STAFF HAS A LOT OF GREAT RELATIONSHIPS WITH THE
10:28:39AM BANKS BECAUSE THEY'VE GOT TO PUT A MORTGAGE ON THESE
10:28:43AM PROPERTIES.
10:28:43AM LIKEWISE ON THE RENTAL DEVELOPMENT, AND THAT'S WHAT BLUE SKY
10:28:47AM DOES.
10:28:47AM EVERY DOLLAR THAT YOU INVEST IN A BLUE SKY DEVELOPMENT,
10:28:51AM DEPENDING ON THE EXACT FINANCIAL STRUCTURE, WE'RE ABLE TO
10:28:55AM LEVERAGE THOSE DOLLARS BETWEEN 7 TO 1 AND ABOUT 40 TO 1,
10:29:01AM BELIEVE IT OR NOT, IN SOME OF OUR DEVELOPMENTS.
10:29:04AM BLUE SKY IS HERE TO BE A PART OF THE SOLUTION.
10:29:09AM AND I'M A MEMBER OF AHAC.
10:29:12AM AND I DO ALSO WANT TO COMPLIMENT STAFF.
10:29:14AM I THINK THEY DO A GREAT JOB WITH THE RESOURCES THEY HAVE.

10:29:18AM I CERTAINLY THINK YOU SHOULD PUT MORE RESOURCES INTO
10:29:22AM AFFORDABLE HOUSING IN ALL OF THE VARIOUS PROGRAMS.
10:29:25AM AND YOU SHOULD -- SPECIFICALLY WITH REGARD TO SPURRING
10:29:31AM RENTAL DEVELOPMENT.
10:29:31AM YOU SHOULD DO RFPs EVERY YEAR THAT ARE SPECIFICALLY GEARED
10:29:39AM TOWARD THE 4% TAX CREDIT PROGRAM.
10:29:41AM THAT WILL ENSURE THAT THE DEVELOPERS THAT BUILD THESE
10:29:46AM COMMUNITIES KNOW THAT THERE'S GOING TO BE SOME CITY FUNDING
10:29:51AM OUT THERE IF WE PURSUE A DEAL AND PUT IT ALL TOGETHER.
10:29:54AM IT TAKES A LOT OF WORK.
10:29:55AM TAKES A LOT OF ENERGY TO DO THAT.
10:29:56AM AND TO KNOW THERE IS AN RFP IN 25 OR 26, THAT GIVES US A LOT
10:30:03AM OF CONFIDENCE TO GO AFTER THOSE SITES THAT ARE HARD TO GET.
10:30:07AM THANK YOU VERY MUCH.
10:30:10AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:30:11AM NEXT SPEAKER.
10:30:12AM GOOD MORNING.
10:30:12AM PLEASE STATE YOUR NAME.
10:30:13AM >> MY NAME IS THOMAS SPALDING.
10:30:15AM I LIVE -- BEEN HERE FOR FIVE YEARS.
10:30:18AM HAPPY TO CALL TAMPA MY HOME.
10:30:20AM WIFE IS A PASTOR.
10:30:22AM I'M AN EDUCATOR.
10:30:22AM I'M A RETIRED FARMER.
10:30:24AM WE LIVED IN SULPHUR SPRINGS AND SEMINOLE HEIGHTS.

10:30:30AM RENTED FIVE YEARS.
10:30:31AM WE HAVE NOT BOUGHT A HOME IN PART BECAUSE OF THE CHALLENGE
10:30:34AM THAT'S BEFORE ALL OF US AS A COMMUNITY.
10:30:37AM IN A PREVIOUS LIFE, VOLUNTEER WITH THE CHICAGO COALITION FOR
10:30:44AM THE HOMELESS.
10:30:44AM FOUNDING BOARD MEMBER, GROWING HOME, AN EFFORT TO HELP FOLKS
10:30:49AM TRANSITION BACK INTO LIVING SPACES AND JOBS IN CHICAGO.
10:30:53AM I'M PRESIDENT OF A LAND TRUST THAT'S IN ILLINOIS.
10:30:58AM WHERE WE USED TO LIVE FOR 30 YEARS.
10:31:00AM I'M OBSERVING WHAT'S HAPPENING AROUND TAMPA.
10:31:03AM VOLUNTEER WITH FLORIDA RISING THROUGH MY CHURCH.
10:31:06AM I'M HEARING STORIES.
10:31:07AM I'M SEEING WHAT'S HAPPENING IN MY NEIGHBORHOOD.
10:31:10AM A COUPLE OF THINGS.
10:31:10AM I WANT TO COMMEND THE COUNCIL FOR HAVING THIS BEFORE YOU,
10:31:13AM HAVING STAFF BRING THEIR EXPERTISE AND THE COMMUNITY INTO
10:31:16AM THIS QUESTION.
10:31:17AM I WANT TO ENCOURAGE YOU, KEEP ENCOURAGING YOU TO GO DEEPER
10:31:20AM AND COMMIT TO ALL THE THINGS COMMITTED TO OVER THE LAST FIVE
10:31:23AM YEARS AND TO IMPLEMENT.
10:31:25AM I WANT TO ASK A COUPLE OF THINGS THAT YOU BRING AND ELEVATE.
10:31:30AM I THINK UNDERNEATH THE AFFORDABILITY CRISIS IS THE QUESTION,
10:31:35AM WHY ARE PEOPLE POOR?
10:31:36AM I LOOKED AT A LIST STATE BY STATE, INCLUDING FLORIDA, WE ARE
10:31:40AM THE HIGHEST IN THE COUNTRY OF POOR AND LOW WEALTH PEOPLE.

10:31:44AM 45% OF OUR POPULATION IS POOR AND LOW WEALTH.
10:31:47AM BELOW THE POVERTY LINE OR BELOW LIVING WAGE.
10:31:51AM THAT'S ASTOUNDING.
10:31:52AM AS YOU'VE HEARD I THINK EMBODY IN WHAT I SEE AHEAD OF ME
10:31:57AM TESTIFYING --
10:31:58AM >>GUIDO MANISCALCO: PLEASE, WE NEED THE MICROPHONE.
10:32:00AM >> AHEAD OF ME TODAY EMBODY THE FACT THAT 60% OF THE BLACK
10:32:04AM POPULATION POOR AND LOW WEALTH, 30% OF THE WHITE POPULATION,
10:32:07AM 60% LATINO POPULATION.
10:32:09AM SO THIS BREAKS DOWN RACIALLY.
10:32:12AM WE HAVE TO ASK THE QUESTION, WHY ARE WE POOR, HOW DID WE GET
10:32:17AM HERE, WHY RACIALLY SEGREGATED IN INCOME AND IN RESIDENCES.
10:32:21AM THAT'S UNDERNEATH ALL OF THE STRUCTURAL ARRANGEMENT.
10:32:23AM AND THAT'S 400 YEARS OF PUBLIC POLICY THAT WAS RACE BASED
10:32:27AM THAT LED TO THIS, THAT NOT ONLY HARMED PEOPLE OF COLOR, BUT
10:32:31AM I WOULD ARGUE HARMED WHITE PEOPLE AS WELL.
10:32:33AM THE POOR WORKING FAMILIES YOU'VE ALL MENTIONED, THE WORKING
10:32:37AM FAMILIES, PEOPLE IN HEALTH CARE THAT ARE WORKING, POLICE,
10:32:39AM FIRE DEPARTMENT, EDUCATORS, PASTORS, WE'RE NOT GOING TO BE
10:32:42AM ABLE TO LIVE HERE.
10:32:43AM I'M WHITE.
10:32:44AM BUT THAT'S A PART OF THE SAME ARRANGEMENT.
10:32:47AM I THINK WE NEED TO GET UNDER THAT BUT WE CAN'T SOLVE THIS
10:32:50AM PROBLEM IF IT'S NOT RACE-BASED SOLUTIONS.
10:32:54AM WE HAVE TO CENTER THOSE WHO HAVE BEEN HARMED BY 400 YEARS OF

10:32:57AM RACE-BASED POLICIES OR WE WILL MAKE THE SAME MISTAKE OVER
10:33:01AM AGAIN IN THE NAME OF DOING SOMETHING GOOD.
10:33:04AM WE WILL RE-CREATE THE SAME THING.
10:33:07AM I WAS BORN BEFORE THE CIVIL RIGHTS ACT.
10:33:09AM WE WERE HOPEFUL AS FAMILIES IN 1964.
10:33:11AM YOU KNOW WHAT, THOSE RACIAL DISPARITIES ARE THE SAME TODAY
10:33:14AM THAT THEY WERE IN 1964.
10:33:17AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:33:18AM >> IF WE ARE RACE BLIND, WE'LL MAKE THE SAME MISTAKES AND MY
10:33:22AM KIDS 60 YEARS FROM NOW WILL HAVE THE SAME PROBLEM WE ALL
10:33:25AM HAVE TODAY.
10:33:26AM LET'S SOLVE IT TOGETHER BUT USE A RACIAL LENS AS WE DO THE
10:33:29AM WORK.
10:33:29AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:33:29AM NEXT SPEAKER, YES, MA'AM.
10:33:31AM GOOD MORNING.
10:33:32AM PLEASE STATE YOUR NAME.
10:33:34AM >> ALICE MOORE.
10:33:36AM FLORIDA RISING.
10:33:38AM I AM THIS YEAR A 79-YEAR-OLD RESIDENT BORN AND RAISED RIGHT
10:33:44AM HERE.
10:33:45AM MY FIRST THING I'D LIKE TO SAY, I STARTED OUT WITH SOMETHING
10:33:49AM ELSE IN REFERENCE TO RENT.
10:33:51AM WE ARE THE ONLY PEOPLE THAT DID NOT ASK TO COME HERE.
10:33:56AM WE WERE FORCED TO COME.

10:33:57AM AND SINCE THAT TIME, WE HAVE BEEN MISTREATED.
10:34:01AM WHEN WE START THINGS, IT HAS BEEN TAKEN DOWN.
10:34:04AM STARTED OUR OWN COMMUNITY.
10:34:06AM IT'S BEEN TAKEN DOWN.
10:34:07AM HERE EVERYBODY SAYS -- WANTS TO SAY THEY HELP US.
10:34:12AM RIGHT DOWNTOWN WHERE BLACKS OWN THEIR OWN BUSINESS, THEY
10:34:16AM LIVE, THERE IS NO PLACE, MY FATHER TAUGHT AT DON THOMPSON
10:34:20AM WHICH WAS ON MORGAN STREET, YOU WOULDN'T EVEN KNOW THAT
10:34:24AM EXISTS.
10:34:24AM I COULDN'T TAKE MY GRANDCHILDREN AND THEY WOULDN'T REALIZE
10:34:27AM -- COULDN'T PICTURE, A PARKING LOT, TAMPA TRANSIT PLACE.
10:34:32AM I DON'T KNOW, YOU'RE NOT HELPING.
10:34:34AM YOU'RE MAKING IT COMPLICATED FOR PEOPLE TO GET THE HOUSING
10:34:37AM THEY ARE TALKING ABOUT.
10:34:38AM I GO THROUGH WEST TAMPA.
10:34:39AM I WAS RAISED IN WEST TAMPA AFTER DON THOMPSON WAS CLOSED TO
10:34:44AM BUILD BLAKE.
10:34:45AM AGAIN, I GO THROUGH WEST TAMPA, EVERYTHING CHANGED.
10:34:50AM COME DOWNTOWN AND LOOK AND I'M IN TEARS.
10:34:55AM FIVE BLACK CHURCHES IN DOWNTOWN AND YOU WOULDN'T KNOW IT
10:34:58AM BECAUSE YOU DON'T GO THROUGH ON SUNDAYS.
10:35:00AM YOU DON'T KNOW ANY OF THE BUILDINGS THERE AND YOU SAY YOU'RE
10:35:03AM WORKING FOR BLACKS BUT YOU'RE WASHING US OUT.
10:35:06AM LIKE ONE LADY SAID, WE ARE LIKE WEEDS AND WILL COME UP
10:35:09AM ANYWAY.

10:35:10AM YOU'RE STILL CUTTING OUR CHANCES TO DO.
10:35:13AM I'M DOING RESEARCH ON BLACK WOMEN IN THE 1800s AND READING
10:35:16AM THEIR BACKGROUNDS IS THE SAME THING WE'RE GOING THROUGH.
10:35:20AM NOTHING HAS CHANGED.
10:35:21AM THAT'S REALLY, REALLY SAD.
10:35:27AM YOU SHOULD BE REALISTIC ABOUT WHAT YOU'RE DOING AND REALLY
10:35:29AM HELP US.
10:35:29AM TALK ABOUT REDOING HOUSING.
10:35:31AM IN THE HOUSING, A PERSON WHO HAD $1500 A MONTH.
10:35:37AM SHE NEEDS HER HOUSE REDONE.
10:35:39AM THEY HAVE PUT HER THROUGH SO MUCH TO GET.
10:35:46AM STILL HASN'T GOT.
10:35:47AM BEEN LIKE TWO YEARS.
10:35:48AM ANYTIME SHE GOES TO TALK OR TRY TO GET STARTED NOTHING HAS
10:35:51AM HAPPENED.
10:35:52AM THE ROOF IS FALLING IN.
10:35:54AM YBOR CITY, GOING TO BUILD UP, HAVEN'T DONE IT.
10:35:57AM LEAVING PEOPLE OUT.
10:35:58AM 7th AVENUE IS BEING BUILT UP.
10:36:01AM 8th AVENUE.
10:36:02AM BUT HERE IS SOMEONE WHO OWNED THEIR HOUSE OVER 20 YEARS.
10:36:06AM IT SHOULDN'T BE COMPLICATED FOR PEOPLE TO GET IN AND TO GET
10:36:09AM OUT.
10:36:10AM THEY DON'T WANT TO GET OUT.
10:36:11AM LIKE THEY SAID, THEY WANT THE HOUSES.

10:36:14AM YOU SAID YOU ARE HELPING US, AND OUR HISTORY TAKING DOWN.
10:36:20AM I WAS IN TEARS GOING DOWNTOWN.
10:36:22AM NOBODY KNOWS ABOUT THE FIVE BLACK MEN, THAT THEY WERE PEOPLE
10:36:25AM WHO WORKED.
10:36:26AM CENTRAL AVENUE WAS VERY INDEPENDENT.
10:36:28AM WEST TAMPA WAS VERY INDEPENDENT UP AND DOWN NORTH BOULEVARD.
10:36:32AM NOBODY REALLY KNOWS THAT BECAUSE EVERYTHING HAS BEEN TAKEN.
10:36:35AM I THINK YOU SAY YOU'RE GOING TO HELP US, SAY THE BLACK
10:36:40AM COMMUNITY, BUT YOU'RE STILL NOT DOING IT.
10:36:42AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:36:43AM NEXT SPEAKER, YES, MA'AM.
10:36:44AM PLEASE STATE YOUR NAME.
10:36:51AM >> GOOD MORNING.
10:36:52AM MY NAME IS SALLYISE LEE WITH THE VOLUNTARILY MISSIONARY
10:36:56AM SOCIETY PENNY FUND.
10:36:58AM I WAS SORRY I MISSED THE RACIAL RECONCILIATION.
10:37:04AM I HAVE A FEW THINGS TO SAY TODAY.
10:37:06AM WE SHOULD PRIORITY THE NEW STABILIZATION RULES AND
10:37:13AM PRIORITIZE LOW-INCOME CITIZENS, STABILIZE AFFORDABLE.
10:37:19AM AT $125 A MONTH, $300 A MONTH, $500 A MONTH, AND THAT IS FOR
10:37:28AM STABILIZATION AND HOME OWNERSHIP.
10:37:32AM RENT TO OWN.
10:37:34AM WE SHOULD ALWAYS LOOK AFTER OUR SENIORS WHO DON'T GET MUCH
10:37:37AM MONEY.
10:37:38AM THEY SHOULD COUNT.

10:37:39AM AND WE SHOULD ALL COME TOGETHER ON THIS RENT STABILIZATION
10:37:44AM AND HOUSING STABILIZATION.
10:37:45AM WE REALLY NEED THAT IN TAMPA, FLORIDA.
10:37:48AM AND IF THEY LOSE THEIR ABILITIES AND BENEFITS, WE SHOULD BE
10:37:55AM ABLE TO PICK THEM UP AND THEY DO NOT HAVE TO BECOME
10:38:01AM HOMELESS.
10:38:01AM I AM FOR ALL OF THAT AND I THANK GOD THAT WE SHOULD LEARN TO
10:38:06AM DO THAT AND REDEVELOP THE HOME STABILIZATION, ESPECIALLY FOR
10:38:12AM SENIORS AND LOW-INCOME PEOPLE.
10:38:14AM THANK YOU VERY MUCH.
10:38:16AM SALLY LEE.
10:38:16AM >>GUIDO MANISCALCO: YES, MA'AM.
10:38:17AM THANK YOU VERY MUCH.
10:38:18AM YES, SIR.
10:38:18AM GOOD MORNING.
10:38:19AM PLEASE STATE YOUR NAME.
10:38:20AM >> GOOD MORNING, CITY COUNCIL.
10:38:22AM MY NAME IS IVAN RIVERA.
10:38:24AM I WANT TO THANK YOU GUYS FOR HEARING THIS TOPIC.
10:38:27AM A COUPLE OF POINTS I WANT TO TOUCH ON.
10:38:29AM FIRST I IMAGINE CITY STAFF IS GOING TO BE DOING A
10:38:33AM PRESENTATION ON THEIR COMPREHENSIVE PLAN.
10:38:35AM FIRST AND FOREMOST, OBVIOUSLY, ADUs IS SOMETHING I THINK
10:38:39AM NEEDS TO HAPPEN IN THE CITY OF TAMPA.
10:38:41AM WE NEED TO INCREASE HOUSING BECAUSE THAT'S WHERE THE CRISIS

10:38:45AM STARTS IS INVENTORY.
10:38:50AM REALLY QUICK, IT'S IMPORTANT FOR ME TO STATE THAT I AM IN
10:38:54AM REAL ESTATE.
10:38:54AM I'M A REALTOR.
10:38:55AM I SEE THIS DYNAMIC HAPPEN BETWEEN A FREE OPEN MARKET AND
10:39:00AM CONSIDERING THE COMMUNITY.
10:39:03AM HOUSING AFFORDABILITY HAS DOUBLED IN THE PAST FOUR YEARS.
10:39:06AM HOUSING PRICES HAVE DOUBLED.
10:39:08AM IT'S SOMETHING THAT HAS BEEN UNPRECEDENTED AND WHEN IT COMES
10:39:14AM TO AFFORDABLE HOUSING, I THINK ALL ASPECTS NEED TO BE
10:39:17AM CONSIDERED FROM DEVELOPMENT GRANTS TO RENTAL ASSISTANCE TO
10:39:22AM INCENTIVES FOR HOMEOWNERS TO BUILD ADUs.
10:39:25AM BUT WITH THE ADUs, I THINK WE HAVE TO CONSIDER, IS THERE
10:39:28AM GOING TO BE SOME TYPE OF DEED RESTRICTION IN REGARDS TO
10:39:33AM CAPPING THE RATES THAT THE ADUs CAN BE RENTED AT.
10:39:38AM THINGS LIKE THAT NEED TO BE CONSIDERED.
10:39:42AM REALLY, THE BIG POINT THAT I ALSO WANT TO POINT OUT IS THAT
10:39:45AM AT THIS MEETING, WHAT YOU'RE NOT SEEING IS HOMEOWNERS AND
10:39:48AM STAKEHOLDERS HERE.
10:39:50AM THERE IS SOME, BUT A LOT OF THE PEOPLE HERE ARE PEOPLE
10:39:52AM IMPACTED BY THE AFFORDABILITY PRICES IN TAMPA.
10:39:56AM IT'S NOT FAIR THAT A BIG PORTION OF THE COMMUNITY ISN'T
10:39:59AM GOING TO COME OUT AND ADVOCATE FOR AFFORDABLE HOUSING.
10:40:01AM THAT'S WHAT WE NEED.
10:40:02AM WE NEED EVERYBODY TO CONSIDER THAT THIS IS SOMETHING THAT IS

10:40:06AM NEEDED.
10:40:07AM AFFORDABLE HOUSING DOESN'T NEED TO LOOK LIKE THE WAY THE
10:40:11AM TAMPA APARTMENTS LOOKED OR ROBLES PARK.
10:40:14AM IT CAN LOOK DIFFERENT MOVING FORWARD.
10:40:16AM IT'S UP TO US HOW WE SHAPE THAT OUT.
10:40:19AM THE TRUTH IS THAT WHAT YOU ARE HEARING ABOUT MARGINALIZED
10:40:24AM COMMUNITIES IS TRUE.
10:40:26AM THIS IS AMERICAN HISTORY.
10:40:28AM IT'S HOW WE MOVE FORWARD NOW AS AMERICANS AND MAKE IT EASIER
10:40:34AM TO LIVE HERE IN THE UNITED STATES.
10:40:37AM PRICING AFFORDABILITY IS ROUGH.
10:40:42AM WITH RISING INTEREST RATES, WE HAVE AN INSURANCE CRISIS
10:40:45AM HAPPENING IN THE STATE OF FLORIDA.
10:40:46AM IT'S REALLY HARD TO GET INTO HOME OWNERSHIP.
10:40:49AM I CAN TELL YOU THAT AS A REAL ESTATE AGENT RIGHT NOW.
10:40:51AM THANK YOU AND THAT'S MY TIME.
10:40:55AM I LOOK FORWARD TO THE PRESENTATION BY CITY STAFF.
10:40:57AM >>GUIDO MANISCALCO: YES, SIR.
10:40:58AM THANK YOU VERY MUCH.
10:40:58AM GOOD MORNING, SIR.
10:41:00AM PLEASE STATE YOUR NAME.
10:41:00AM YOU HAVE THREE MINUTES.
10:41:02AM >> NATHAN HAGAN.
10:41:03AM I WANT TO CONFIRM, NOT CHOOSING BETWEEN PUBLIC COMMENT NOW
10:41:07AM --

10:41:07AM >>GUIDO MANISCALCO: YOU CAN SPEAK AGAIN -- THE PRESENTATION
10:41:09AM WILL HAVE QUESTION AND ANSWER AREA AND PEOPLE CAN TALK
10:41:13AM AGAIN.
10:41:14AM >> THANK YOU.
10:41:16AM TODAY IS FOCUSED ON PEOPLE MAKING LESS THAN 50% AMI.
10:41:19AM THAT IS THE AVERAGE MEDIAN INCOME.
10:41:21AM THIS IS THE LENS THAT WE NEED TO LOOK THIS THROUGH.
10:41:24AM THE FISCAL SOLUTIONS MUST BE TARGETED AT THESE FOLKS, BUT AS
10:41:27AM YOU'LL HEAR, OUR BUDGET CAN ONLY GO SO FAR.
10:41:30AM WHAT WE ACCOMPLISHED SO FAR IS TO RAISE 50 OR $100 MILLION
10:41:34AM TOWARDS A $5 BILLION PROBLEM, THAT IS 2% OF THE NEED.
10:41:38AM 2%.
10:41:38AM THE SHORTAGE IS TENS OF THOUSANDS OF UNITS.
10:41:41AM TODAY WE'LL TALK ABOUT THE CRITICAL TASK OF PUTTING THE
10:41:43AM MONEY TO GOOD USE AND CONTINUE INCREASING OUR HOUSING
10:41:46AM SPENDING ALLOCATIONS.
10:41:49AM WE UNDERSTAND THE CRITICAL NATURE OF THAT WORK, BUT WE MUST
10:41:53AM ALSO LOOK FURTHER TO THE OTHER 98%.
10:41:56AM IT WILL NOT GET US OUT OF WHAT IS BECOMING A PERMANENT
10:41:59AM HOUSING CRISIS.
10:42:00AM AS COUNCILMAN CARLSON PUT IT, WE WILL NEVER FIND $5 BILLION
10:42:05AM IN TAXPAYER MONEY TO SUBSIDIZE OUR WAY OUT OF THIS.
10:42:09AM SO WHERE DO WE FIND IT?
10:42:10AM THERE IS A SIMPLE IDEA THAT I HAVE BEEN ADVOCATING FOR,
10:42:13AM WHICH I MUST CONTINUE TO TRY TO EDUCATE EVERYONE ON.

10:42:17AM HOW CAN I ZOOM IN?
10:42:19AM I'M HAPPY WITH THIS.
10:42:24AM DEVELOPERS HAVE THIS ENTITLEMENT WHERE THE BUILDING IS,
10:42:31AM RIGHT?
10:42:31AM CITY COUNCIL OWNS THIS AREA ABOVE THAT.
10:42:34AM CITY COUNCIL IS SITTING ON BILLIONS OF DOLLARS OF
10:42:39AM ENTITLEMENTS THAT THEY ARE WITHHOLDING FROM DEVELOPERS, THAT
10:42:43AM THEY CAN SELL IN EXCHANGE FOR AFFORDABLE HOUSING MONEY.
10:42:48AM BILLIONS OF DOLLARS OF ASSETS.
10:42:50AM THIS CITY COUNCIL NEEDS TO GET EXCITED ABOUT THE OPPORTUNITY
10:42:52AM OF USING BONUS DENSITY TO RAISE MONEY FOR AFFORDABLE
10:42:55AM HOUSING.
10:42:55AM THAT IS THE ONLY WAY WE START TALKING ABOUT BILLIONS BECAUSE
10:43:00AM WE WILL NOT BE DOING THAT WITH OUR REGULAR ALLOCATIONS EVERY
10:43:03AM YEAR IN THE BUDGET.
10:43:04AM BILLIONS OF DOLLARS.
10:43:07AM I'LL SKIP SOME OTHER STUFF.
10:43:13AM DENSITY IS NOT ONLY COST-EFFECTIVE BUT REVENUE GENERATING.
10:43:16AM WE'LL TALKING ABOUT HOW TO USE FISCAL RESOURCES EFFECTIVELY
10:43:19AM AND MULTIFAMILY HOUSING IS, BY FAR, THE BEST OPPORTUNITY TO
10:43:24AM DO THAT.
10:43:24AM PRESERVING AFFORDABLE HOUSING, EXISTING AFFORDABLE HOUSING
10:43:26AM WHEN SINGLE-FAMILY IS IMPORTANT USE OF RESOURCES AS WELL,
10:43:29AM KEEPING PEOPLE IN THEIR HOMES.
10:43:31AM OTHER THAN THAT, WE NEED TO BE INVESTING IN MULTIFAMILY

10:43:33AM HOUSING, BUT THIS, WE NEED TO THINK ABOUT THIS AS REVENUE
10:43:37AM GENERATING.
10:43:38AM DENSITY IS NOT ONLY COST-EFFECTIVE, IT IS REVENUE
10:43:41AM GENERATING.
10:43:43AM AND THEN SOMETIMES WE GET FIXATED ON INCREASING HOME
10:43:50AM OWNERSHIP.
10:43:52AM WE HAVE TENS OF THOUSANDS OF UNITS BEHIND.
10:43:56AM THERE IS A SHORTAGE.
10:43:57AM IT'S NOT JUST ABOUT WHETHER WE MAKE TAMPA A MAJORITY RENTER,
10:44:00AM MAJORITY HOMEOWNER COMMUNITY.
10:44:02AM WE NEED TO BE TALKING ABOUT CREATING HOMES FOR PEOPLE THAT
10:44:04AM ARE AFFORDABLE.
10:44:06AM I DON'T CARE AT ALL WHETHER THEY ARE RENTAL OR OWNERSHIP.
10:44:08AM I PERSONALLY WOULD LOVE TO NEVER OWN A HOME AND HAVE STABLE
10:44:12AM RENT MY ENTIRE LIFE IN THE CITY OF TAMPA.
10:44:13AM WE NEED UNITS AFFORDABLE AND STABLE FOR PEOPLE.
10:44:16AM I DON'T CARE IF THEY ARE HOME OWNERSHIP OR NOT.
10:44:18AM THAT'S MY PUBLIC COMMENT FOR THIS PART.
10:44:21AM THANK YOU.
10:44:21AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
10:44:22AM GOOD MORNING, SIR.
10:44:23AM PLEASE STATE YOUR NAME.
10:44:24AM YOU HAVE THREE MINUTES.
10:44:26AM >> GOOD MORNING.
10:44:27AM MY NAME IS RON WEAVER.

10:44:28AM 4403 WEST AZEELE.
10:44:31AM I'M HERE AS A PRIVATE CITIZEN.
10:44:33AM RETIRED FROM THE PRACTICE OF LAW.
10:44:36AM NOT HERE ON A PARTICULAR DEAL.
10:44:38AM HERE ON A PARTICULAR WILL.
10:44:39AM THE POLITICAL WILL TO DO THIS NOT BY REFORM, WHICH IS THE
10:44:42AM ENEMY OF REVOLUTION, AS GOOD AS THE ENEMY OF GREAT, BUT THE
10:44:46AM TIME HAS COME WITH HILLSBOROUGH COUNTY'S DECLARATION OF
10:44:49AM RACISM AS A PUBLIC HEALTH THREAT TO ALL OF HILLSBOROUGH
10:44:51AM COUNTY, INCLUDING EVERY INCH OF THE CITY OF TAMPA.
10:44:54AM IT IS TIME FOR A REVOLUTION INSTEAD OF REFORM FOR THE 98%
10:44:59AM THAT NATHAN, MY GREATEST YOUNG FRIEND MENTIONED.
10:45:03AM MENTIONED A BRILLIANT IDEA.
10:45:05AM TIME FOR A HUNDRED BRILLIANT IDEAS LIKE NATHAN'S.
10:45:09AM TIME TO AUTHORIZE THOSE IDEAS.
10:45:11AM TIME TO GIVE $5,000 GRANTS TO THOSE WHO WILL BRING THOSE
10:45:15AM KIND OF IDEAS AND NOT SEEK 12 MILLION BUT AT LEAST 24
10:45:19AM MILLION IF WE'RE GOING TO TREAT THIS NOT AS MERE REFORM BUT
10:45:22AM AS THE NECESSARY REVOLUTION AND THAT WE NOT HAVE A PERMANENT
10:45:26AM HOUSING CRISIS IN THE CITY OF TAMPA.
10:45:27AM THE CITY OF TAMPA IS BIGGER THAN THAT AND BETTER THAN THAT.
10:45:31AM AND THAT WE HELP THE HURT MOST FIRST SPOKEN ELOQUENTLY BY
10:45:37AM MICHELLE AND HALF A DOZEN OTHERS.
10:45:39AM I WAS COMMENDING HER.
10:45:41AM FORGIVE ME, MR. CHAIRMAN.

10:45:43AM I'M COMMENDING ALL OF THOSE WHO SPEAK FOR A DISPROPORTIONATE
10:45:46AM BENEFIT TO THOSE DISPROPORTIONATELY HURT.
10:45:49AM IT IS LEGAL, EVEN UNDER THE MOST RECENT STUDENTS FOR
10:45:52AM ADMISSION CASE, BY THE U.S. SUPREME COURT, WHICH LEFT OPEN
10:45:55AM THE POSSIBILITY OF SHOWING THAT PRIOR IMPEDIMENTS TO
10:45:59AM HOUSING, FOR EXAMPLE, MEANS THAT YOU CAN INDEED FAVOR THOSE
10:46:02AM WHO HAVE BEEN DISPROPORTIONATELY HURT THE MOST.
10:46:05AM IT IS A WAY OF DEALING WITH RACIAL RECONCILIATION, NOT WITH
10:46:08AM WORDS, BUT WITH NECESSITY OF DEALING TODAY NOT WITH A
10:46:12AM PARTICULAR DEAL, BUT WITH A PARTICULAR WILL AND THE
10:46:17AM POLITICAL WILL MUST BE A REVOLUTION IN HOUSING IF WE'RE
10:46:19AM GOING TO DEAL WITH THE 98% OF THOSE FOLKS WHO ARE WAITING
10:46:23AM FOR THE CITY OF TAMPA TO BE A BEACON OF INGENUITY,
10:46:28AM CREATIVITY, AND NOT DOING THINGS THE SAME OLD WAY, BUT
10:46:31AM DEALING WITH THE NEW NEEDS IN THE WAY THAT IT ADDRESSES THE
10:46:34AM FACT THAT THIS COMMUNITY IS BIGGER THAN THIS.
10:46:38AM THIS COMMUNITY IS BETTER THAN THIS.
10:46:40AM THIS COMMUNITY HAS MORE PEOPLE WHOSE ABILITY TO COME UP WITH
10:46:43AM THESE KIND OF CREATIVE IDEAS IS INTERNATIONAL LEGEND.
10:46:46AM WE WERE NOTED AS THE SECOND MOST CREATIVE PLACE IN THE WORLD
10:46:49AM BY FORBES MAGAZINE.
10:46:51AM SECOND MOST CREATIVE PLACE IN THE WORLD WITH RESPECT TO THE
10:46:54AM IDEAS AND THE NEW THINGS THAT ARE HAPPENING IN TAMPA.
10:46:57AM TAMPA IS BETTER THAN THIS.
10:46:59AM THANK YOU.

10:46:59AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:47:00AM [ APPLAUSE ]
10:47:01AM NEXT SPEAKER, GOOD MORNING.
10:47:04AM YES, MA'AM.
10:47:06AM >> HI.
10:47:07AM MARY OPSAL.
10:47:12AM A BIG PART OF THE PROBLEM IS THAT WE VIEW HOUSING IN THE
10:47:15AM UNITED STATES AS A COMMODITY, AS SOMETHING FOR MONEY TO BE
10:47:19AM MADE OFF OF.
10:47:20AM WE NEED TO VIEW HOUSING AS A PUBLIC GOOD.
10:47:25AM HOUSING IS A HUMAN RIGHT.
10:47:26AM EVERYONE DESERVES A SAFE PLACE TO LIVE THAT THEY CAN AFFORD
10:47:29AM WITHOUT TAKING MONEY AWAY FROM OTHER BASIC NEEDS.
10:47:33AM WHAT I WILL SAY TO YOU IS STOP PROTECTING THE STATUS QUO.
10:47:37AM MOST OF THE OPPOSITION TO THINGS LIKE INCREASED DENSITY, TO
10:47:43AM THINGS THAT CREATIVE NEW THINGS THAT WILL ACTUALLY HAVE AN
10:47:46AM IMPACT, A LOT OF THE OPPOSITION COMES FROM PEOPLE WHO
10:47:50AM ALREADY HAVE THEIRS AND THEY DON'T CARE HOW THEIR
10:47:55AM PREFERENCES AFFECT OTHER PEOPLE AND KEEP OTHER PEOPLE FROM
10:47:58AM ENJOYING THE SAME RIGHTS SUCH AS A SAFE, AFFORDABLE PLACE TO
10:48:03AM LIVE.
10:48:04AM STOP TREATING THESE RULES AND PRACTICES LIKE THEY HAVE BEEN
10:48:07AM HANDED DOWN FROM GOD.
10:48:09AM THEY HAVEN'T.
10:48:10AM THEY CAN BE CHANGED.

10:48:11AM THEY WERE CREATED BY YEARS OF BAD POLICY, A LOT OF WHICH WAS
10:48:16AM EXPLICITLY RACIST AND CLASSIST.
10:48:20AM STOP.
10:48:21AM YOU HAVE THE POWER TO MAKE CHANGES, NOT MORE OF THE SAME TO
10:48:28AM MAKE REAL CHANGES THAT WILL ACTUALLY HAVE AN IMPACT.
10:48:31AM MANY OF THE PEOPLE IN THIS ROOM HAVE BEEN STRUGGLING WITH AN
10:48:34AM AFFORDABLE HOUSING CRISIS FOR DECADES.
10:48:37AM IT'S NOT NEW.
10:48:38AM IT'S BEEN AROUND FOR A VERY LONG TIME.
10:48:40AM SO PLEASE, PLEASE, LISTEN TO THE PEOPLE.
10:48:45AM HAVE THE POLITICAL WILL TO DO WHAT'S RIGHT.
10:48:49AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:48:50AM YES, MA'AM.
10:48:53AM I SEE NO ONE UP TO SPEAK.
10:49:00AM >> STEPHANIE POYNOR.
10:49:02AM NOBODY IS HAPPY HERE TODAY.
10:49:03AM NOBODY.
10:49:04AM AND WHEN WE LEAVE HERE AT THE END OF THE DAY, NOBODY IS
10:49:07AM GOING TO BE HAVING A PARTY THAT THEY WON BECAUSE THERE IS NO
10:49:10AM WINNING ANSWER.
10:49:11AM THIS IS NOT A BOYSCOUT SPAGHETTI DINNER WHERE EVERYBODY WILL
10:49:16AM GET THE SAME THING AND IT WILL MAKE EVERYBODY HAPPY.
10:49:18AM THIS IS NOT A COMMUNIST COUNTRY.
10:49:20AM NOR WILL IT EVER BE.
10:49:24AM BUT WHAT WE HAVE TO REMEMBER IS WE HAVE TO DIVERSIFY.

10:49:28AM WE'VE GOT TO HAVE A BUFFET.
10:49:30AM I THINK AFTER READING THE PowerPoints FOR TODAY THAT STAFF
10:49:33AM HAS BROUGHT US A BUFFET.
10:49:36AM YOU GUYS WILL HAVE TO PICK AND CHOOSE.
10:49:38AM EVERYBODY WILL HAVE A DIFFERENT IDEA OF WHAT A GREAT PLACE
10:49:42AM LOOKS LIKE JUST LIKE AT THANKSGIVING AND WE'LL HAVE TO
10:49:45AM FIGURE OUT HOW TO DO THAT WITHOUT BEING DISRESPECTFUL, RUDE,
10:49:48AM HATEFUL, MEAN AND MOVING FORWARD.
10:49:52AM I HADN'T HEARD ANYBODY HERE TALK ABOUT THE VACANCY RATES WE
10:49:57AM HAVE IN THE CITY.
10:49:57AM I HAVEN'T HEARD ANYBODY HERE TALK ABOUT THE SHORT-TERM
10:50:02AM RENTALS WE HAVE TAKING UP LONG-TERM HOUSING.
10:50:04AM HAVEN'T HAD ANYBODY HERE TALKING ABOUT THE SIGNS OUT IN
10:50:07AM FRONT OF THE APARTMENT COMPLEX ACROSS THE STREET FROM ME
10:50:09AM THAT SAYS SIX WEEKS FREE RENT.
10:50:12AM THAT TELLS YOU THEY HAVE VACANT UNITS.
10:50:15AM WE'VE GOT TO LOOK AT ALL THE POSSIBILITIES AND FIGURE OUT
10:50:18AM HOW WE CAN MAKE EVERYBODY GET A PLATE THAT GETS THEM WHAT
10:50:22AM THEY WANT AND WHAT THEY NEED.
10:50:24AM BECAUSE WE'RE NOT ALL GOING TO GET WHAT WE WANT, BUT WE
10:50:27AM MIGHT IF WE LOOK AT THE WHOLE BIG PICTURE.
10:50:30AM I THINK THAT'S WHY WE HAVE A 60-PAGE PowerPoint TODAY
10:50:35AM BECAUSE THERE'S LOTS OF DIFFERENT THINGS TO OFFER AND NOT
10:50:39AM EVERYBODY IS GOING TO BE HAPPY.
10:50:40AM WHEN I SHOW HOUSES, I SHOW FIVE BEDROOM HOUSES AND I SHOW

10:50:44AM ONE BEDROOM HOUSES BECAUSE NOT EVERYBODY WANTS THE SAME
10:50:47AM THING.
10:50:47AM I PLACED SIX SINGLE LADIES IN FOUR BEDROOM HOUSES THE LAST
10:50:52AM COUPLE OF MONTHS WHICH I THINK IS ODD BUT THAT'S WHAT THEY
10:50:55AM WANT.
10:50:56AM THAT'S WHAT THEY CAN AFFORD.
10:50:57AM I HAVE OTHER FOLKS WHO I'VE GOT MORE PEOPLE IN A PROPERTY
10:51:03AM THAN REALLY SHOULD PROBABLY BE THERE.
10:51:06AM WE HAVE TO TAKE INTO CONSIDERATION EVERYONE, NOT JUST ONE
10:51:10AM PARTICULAR GROUP.
10:51:13AM AND THAT'S WHERE WE'RE GOING TO BE MOST PRODUCTIVE.
10:51:15AM SO THINKING ABOUT ALL OF THE OPTIONS THAT ARE BEING BROUGHT
10:51:18AM TO YOU TODAY AND HOW WE CAN PICK AND CHOOSE THE BEST WAYS TO
10:51:24AM HELP ALL OF OUR CITIZENS, NOT JUST ONE PARTICULAR GROUP.
10:51:27AM CAN'T BE JUST HOMEOWNERS.
10:51:28AM CAN'T BE JUST TENANTS.
10:51:30AM IT CANNOT BE JUST PEOPLE WHO ARE GOING TO BUY HOUSES.
10:51:33AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, MA'AM.
10:51:36AM YES, SIR.
10:51:36AM OH, YES, MA'AM.
10:51:37AM YES, MA'AM, PLEASE STATE YOUR NAME.
10:51:39AM >> GOOD MORNING.
10:51:40AM MY NAME IS BARBARA VAN AYERSDALE.
10:51:45AM BEEN AT THIS ALMOST THREE YEARS IN TAMPA.
10:51:47AM APRIL 1 IS MY THREE-YEAR ANNIVERSARY.

10:51:49AM I'M LIVING IN A HORRIBLE PLACE.
10:51:52AM NO DISABILITY ACCESS.
10:51:54AM UNDER 300-SQUARE-FOOT.
10:51:56AM WHEN I MOVED IN, IT WAS THE ONLY PLACE I COULD FIND COMING
10:51:59AM UP FROM BROWARD COUNTY AND IT DIDN'T MATTER HOW MUCH MONEY I
10:52:02AM HAD IN THE BANK.
10:52:04AM MY SOCIAL SECURITY INCOME WAS LIMITED, AND IT WASN'T THREE
10:52:10AM TIMES WHAT THE LANDLORDS WANTED.
10:52:12AM I WAS STOOD UP AT EVERY APPOINTMENT I MADE, AND I DROVE UP
10:52:13AM FROM FT. LAUDERDALE BY MYSELF AFTER A STROKE ONLY TO GET
10:52:15AM HERE AND BE STOOD UP BY REALTORS.
10:52:17AM IT WAS HORRIFYING.
10:52:19AM I SPENT ALMOST A YEAR TRYING TO FIND A PLACE.
10:52:22AM I FINALLY GOT ONE HERE.
10:52:24AM I FOUND OUT I'M OUTSIDE OF THE CITY OF TAMPA LIMITS BY TWO
10:52:28AM BLOCKS.
10:52:29AM THAT SUCKS BECAUSE I DIDN'T KNOW THAT.
10:52:31AM MY ADDRESS SAYS TAMPA.
10:52:32AM MY RENT IS 70% OF MY SOCIAL SECURITY CHECK.
10:52:35AM I HAVE LIVED ON A FARM.
10:52:38AM I WATCHED MY MOM AND DID BUILD THEIR HOME IN KENOSHA FROM
10:52:43AM THE GROUND UP.
10:52:44AM THEY WORKED IN FACTORIES AND MOVED TO THE FARM AND SPENT
10:52:46AM FOUR YEARS BUILDING THE HOMESTEAD SO THEY COULD MOVE INTO
10:52:50AM THE COUNTRY AND BE OUT WHERE THEY BELONGED WHERE THEY WANTED

10:52:53AM TO BE.
10:52:53AM THAT WORKED OUT GREAT, SO THEY GOT SICK AND THEN THEY
10:52:56AM COULDN'T GET TO HOSPITALS AND THEY DIDN'T HAVE MEDICAL
10:53:00AM SERVICES.
10:53:00AM MY MOM AND DAD GREW UP POOR ON FARMS WITH SINGLE PARENTS.
10:53:05AM IT WAS A STRUGGLE WATCHING THEM, BUT THEY TAUGHT ME FROM A
10:53:08AM SMALL AGE, YOU DO FOR YOURSELF, YOU BE INDEPENDENT, YOU
10:53:12AM TREAT EVERYBODY WITH RESPECT AND YOU BELIEVE IN GOD.
10:53:14AM NOW, ON THAT NOTE, IT'S HARD WHEN AT AGE 11 YOU REALIZE YOUR
10:53:19AM PARENTS ARE GOING TO SELL THEIR HOME BECAUSE YOUR SISTER
10:53:21AM JUST TURNED -- THEY DON'T HER IN A CAR.
10:53:26AM YOU'RE RELOCATED TO A COUNTRY AREA AND THE WHOLE TOWN IS
10:53:29AM TELLING YOU YOU CAN'T SELL YOUR HOME TO A MIXED COUPLE.
10:53:32AM AGAIN, THIS WAS AGAINST THE LAW BACK IN THE '60s BUT MY
10:53:35AM MOM AND DAD WERE BULLIED BY THE NEIGHBORS AND SAID YOU CAN'T
10:53:38AM DARE DO THAT TO THE SUBDIVISION.
10:53:41AM YOU WOULD RUIN IT.
10:53:43AM MY MOM AND DAD WERE UNION REPS.
10:53:45AM THEY FOUGHT HARD.
10:53:47AM MOVED TO A SMALL TOWN OUTSIDE OF IT.
10:53:50AM WENT TO A ONE ROOM SCHOOLHOUSE?
10:53:53AM SIXTH GRADE AFTER A RELIGIOUS PAROCHIAL ENVIRONMENT IN THE
10:53:57AM CITY.
10:53:57AM MY MOM AND DAD REALLY KEPT ME UNDER WRAPS FOR GOOD REASON.
10:54:02AM WHEN I GOT OUT AT 18, FIRST THING I DID WAS I DROVE TO THE

10:54:06AM CITY WHICH WAS OSHKOSH.
10:54:11AM THERE WERE NO JOBS.
10:54:12AM ALL SUCKED.
10:54:13AM MOVED TO MILWAUKEE.
10:54:13AM I LEARNED HOW TO BUY MY OWN HOME.
10:54:16AM BOUGHT MY OWN HOME, RENTED ANOTHER HOME.
10:54:19AM HAD MY OWN CAR AND EVERYTHING I WANTED AND I WAS SUCCESSFUL
10:54:22AM BECAUSE I WORKED REALLY HARD AND ENJOYED WHAT I DID AND
10:54:25AM ALWAYS HELPED PEOPLE ALONG THE WAY.
10:54:29AM I HAD NOWHERE TO GO WITH IT.
10:54:31AM I LOST EVERYTHING BECAUSE I RELOCATED AND ENDED UP IN A
10:54:34AM PLACE LIKE CALIFORNIA WHERE YOU COULDN'T AFFORD PROPERTY FOR
10:54:37AM THE INCOME I WOULD BE MAINTAINING MYSELF ON.
10:54:39AM THAT'S MY STORY.
10:54:40AM I'M IN TAMPA.
10:54:41AM MY LEASE IS EXPIRING APRIL 1st.
10:54:43AM I HAVE NOWHERE TO GO.
10:54:46AM DANGEROUS WHERE I'M AT AND I NEED HELP.
10:54:48AM I WILL VOLUNTEER TO HELP TAMPA HOUSING TO MAINTAIN THEIR
10:54:57AM BUILDINGS.
10:54:57AM THANK YOU FOR LISTENING.
10:54:58AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:54:59AM [ APPLAUSE ]
10:54:59AM YES, SIR, GOOD MORNING.
10:55:03AM PLEASE STATE YOUR NAME.

10:55:04AM >> JAMES LOCKBURN.
10:55:07AM I'M HERE TODAY BECAUSE I'M FRUSTRATED.
10:55:15AM I'M ANGRY.
10:55:16AM I SAT THERE AND HEAR A LOT ABOUT ELDERS SPEAK ABOUT SAME
10:55:21AM ISSUES THAT THEY HAD WHEN THEY WERE CHILDREN.
10:55:24AM I WAS RAISED BY MY GRANDMOTHER IN SULPHUR SPRINGS.
10:55:29AM YOU KNOW, I'M PISSED OFF YOU ALL HAD THIS RESOLUTION 568 AND
10:55:35AM AIN'T DONE NOTHING ABOUT IT.
10:55:36AM FIRST THING THEY DO WHEN YOU GO TO COURT, CAN YOU READ AND
10:55:40AM WRITE THE ENGLISH LANGUAGE?
10:55:42AM AS I READ THIS AND I LISTEN TO ALL THESE COMMENTS AND THE
10:55:46AM LACK OF ACTION, THE ONLY CONCLUSION I CAN COME UP WITH, YOU
10:55:50AM ALL JUST DON'T CARE ABOUT BLACK PEOPLE.
10:55:52AM YOU DON'T.
10:55:53AM YOU ALL TALK ABOUT ALL OF THESE BILLIONS AND MILLIONS OF
10:55:56AM DOLLARS YOU GOT IN YOUR BUDGET.
10:55:58AM YOU TALK ABOUT YOUR BUDGET YOU WANT TO INCREASE.
10:56:02AM YOU FEEL ME.
10:56:04AM MEANWHILE ALL OF THESE COMPLEXITIES THAT WERE SYSTEMATIC,
10:56:08AM YOU DON'T EVEN -- WE CAN'T EVEN GET A DIME.
10:56:11AM WE STILL GOT TO COME UP HERE AND BEG FOR THE SAME ISSUES MY
10:56:18AM MAMA WAS BEGGING FOR WHEN A CHILD.
10:56:21AM AFFORDABLE HOUSING, RECOGNITION.
10:56:22AM WE'RE TIRED OF THE WORDS.
10:56:25AM OKAY.

10:56:25AM YOU ACKNOWLEDGE IT.
10:56:26AM YOU ACKNOWLEDGE THE DISCRIMINATION.
10:56:27AM YOU ACKNOWLEDGE ALL OF THIS, MAN, BUT WHERE IS THE ACTION?
10:56:30AM WHERE IS THE RESOURCES?
10:56:32AM HELP US THAT COME UP HERE AND KNOWLEDGE ENOUGH TO ADDRESS
10:56:39AM YOU FOR THE AVERAGE WORKING MAN DON'T KNOW TO COME DOWN
10:56:42AM HERE.
10:56:42AM THEY TOO BUSY WORKING TWO, THREE JOBS TO AFFORD AFFORDABLE
10:56:47AM HOUSING.
10:56:47AM I CAN'T AFFORD TO BE DOWN HERE, BUT IT'S NECESSARY BECAUSE
10:56:51AM EVERY GENERATION COME AND EVERY GENERATION GO BUT IT LOOKS
10:56:55AM LIKE WE STILL HAVE THE SAME ISSUES.
10:56:58AM WE MIGHT AS WELL BE IN SHACKLES AND CHAINS, WORKING FIELDS
10:57:03AM LIKE SLAVERY.
10:57:04AM WHAT ARE WE WORKING FOR?
10:57:05AM JUST TO PAY OR RENT.
10:57:07AM DON'T GOT NOTHING TO MAKE US HOMEOWNERS.
10:57:11AM WE'RE THE ONLY GROUP OF PEOPLE THAT DIDN'T ASK TO COME HERE.
10:57:14AM ONLY PEOPLE THAT HAD OUR CULTURE TAKEN FROM US
10:57:16AM LEGISLATIVELY.
10:57:18AM SO WHERE IS THE LEGISLATION THAT'S BEHIND THIS RESOLUTION
10:57:24AM 568 WHERE YOU ACKNOWLEDGED IT?
10:57:27AM WHAT YOU ALL DID IN THE PAST.
10:57:30AM WE DIDN'T ASK TO COME HERE TO BE IN DRUG-INFESTED
10:57:35AM NEIGHBORHOODS, IN -- TORN APART.

10:57:40AM OUR CULTURE, OUR HERITAGE, OUR IT MUST.
10:57:47AM PRAYING, PLEDGE OF ALLEGIANCE TO THE FLAG THAT DON'T CARE
10:57:55AM ABOUT US.
10:57:56AM EH, YOU ALL PUT ON NOTICE.
10:57:58AM PUT ON NOTICE BECAUSE THE JUDGMENT IS ON YOU MOST HIGH GOD
10:58:02AM IS WATCHING.
10:58:03AM I'LL END THIS BY SAYING, PRAISE, GLORY, AND HONOR,
10:58:08AM HALLELUJAH.
10:58:09AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
10:58:11AM NEXT SPEAKER.
10:58:21AM [ SOUNDING GAVEL ]
10:58:31AM >> ANDY JOE SCAGLIONE.
10:58:34AM IN RESPECT TO THE HARDWORKING STAFF AND TALENTED STAFF, WHAT
10:58:37AM I WOULD LIKE TO DO IS RESERVE MY COMMENTS FOR AFTER THEY
10:58:41AM MAKE A PRESENTATION.
10:58:42AM I THINK THAT'S ONLY FAIR TO THEM.
10:58:44AM I JUST WANT TO PUT THAT ON THE RECORD.
10:58:46AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
10:58:47AM ANYBODY ELSE WHO WISHES TO SPEAK BEFORE WE GO TO THE
10:58:50AM PRESENTATION?
10:58:50AM ALL RIGHT.
10:58:52AM MR. DRUMGO, IF YOU WOULD LIKE TO START THE PRESENTATION.
10:59:00AM >>LUIS VIERA: I WAS GIVEN A ONE-PAGE STATEMENT FROM KAREN
10:59:03AM CLAY FOR PUBLIC COMMENT.
10:59:04AM >>GUIDO MANISCALCO: GO AHEAD.

10:59:06AM >>LUIS VIERA: THIS IS FROM KAREN CLAY WHO MANY OF US KNOW.
10:59:09AM JUST VERY BRIEFLY.
10:59:10AM BEING PART OF THE COMMUNITY AND LIVING AS INDEPENDENTLY AS
10:59:13AM POSSIBLE ARE AMONG THE MOST IMPORTANT VALUES AND GOALS
10:59:15AM SHARED BY PEOPLE WITH DISABILITIES.
10:59:17AM BY THE WAY, PUT ON THE TIMER.
10:59:19AM IT WON'T GO OVER THREE.
10:59:21AM FAMILIES AND ADVOCATES, HOME OF ONE EITHER RENTED OR OWNED
10:59:24AM IS THE CORNERSTONE OF INDEPENDENCE FOR THOSE WITH
10:59:27AM DISABILITIES.
10:59:27AM ACROSS THE STATE OF FLORIDA AND OUR COUNTY PERSONS WITH
10:59:30AM DISABILITIES FACE SEVERE HOUSING CRISIS FOR PEOPLE WITH
10:59:33AM DISABILITIES AND AGING CAREGIVERS THERE ARE FAR TOO MANY
10:59:36AM BARRIERS TO HOUSING.
10:59:38AM WITHOUT AFFORDABLE ACCESSIBLE HOUSING MANY ARE AT RISK OF
10:59:41AM INSTITUTIONALIZATION OR HOMELESSNESS.
10:59:43AM MANY PEOPLE WITH DISABILITIES ARE EXPERIENCING AN
10:59:45AM AFFORDABILITY CRISIS.
10:59:46AM 4.8 MILLION NONINSTITUTIONALIZED PEOPLE WITH DISABILITIES
10:59:50AM WHO RELY ON SSI, HAVE INCOMES AVERAGING ONLY ABOUT $9100 A
10:59:55AM YEAR.
10:59:55AM LOW ENOUGH TO BE PRICED OUT OF EVERY RENTAL HOUSING MARKET
10:59:59AM IN THE NATION AND HILLSBOROUGH COUNTY IS ONE OF THE MOST
11:00:03AM EXPENSIVE.
11:00:04AM ACCESSIBLE HOME OFFERS SPECIFIC FEATURES OR TECHNOLOGIES

11:00:06AM SUCH AS LOWER KITCHEN COUNTERS, SINKS, ET CETERA.
11:00:10AM FOR PEOPLE WHO USE MOBILITY DEVICES, FINDING HOUSING WITH
11:00:13AM EVEN BASIC ACCESSIBILITY FEATURES CAN BE DAUNTING IF NOT
11:00:16AM IMPOSSIBLE.
11:00:17AM DISABILITY CAUCUS OF HILLSBOROUGH COUNTY AND FLORIDA ARE
11:00:20AM STRONGLY IN SUPPORT OF THE $12 MILLION NEEDED TO SECURE
11:00:23AM AFFORDABLE AND ACCESSIBLE HOUSING, AFFORDING OUR DISABLED
11:00:28AM COMMUNITY AS WELL AS SENIORS THE ABILITY TO AGE IN PLACE IN
11:00:31AM AFFORDABLE AND ACCESSIBLE HOUSING IS NOT ONLY THE RIGHT
11:00:34AM THING TO DO BUT THE MOST COST-EFFECTIVE THING TO DO,
11:00:38AM RESPECTFULLY SUBMITTED KAREN CLAY.
11:00:40AM THANK YOU, MR. CHAIRMAN.
11:00:40AM >>GUIDO MANISCALCO: WE HAVE ONE PERSON REGISTERED FOR PUBLIC
11:00:43AM COMMENT BEFORE WE GO TO MR. DRUMGO.
11:00:45AM CARROLL ANN BENNETT, IF YOU ARE ONLINE, PLEASE STATE YOUR
11:00:49AM NAME.
11:00:49AM YOU HAVE THREE MINUTES.
11:00:50AM YES, MA'AM.
11:00:54AM GO AHEAD.
11:00:54AM PLEASE STATE YOUR NAME.
11:00:56AM >> HI.
11:00:56AM MY NAME IS CARROLL ANN BENNETT.
11:00:58AM THERE WAS A WOMAN WHO SPOKE EARLIER.
11:01:02AM UNFORTUNATELY I DIDN'T CATCH HER NAME.
11:01:04AM SHE WAS WEARING A BLACK AND WHITE PAISLEY DRESS WITH A RED

11:01:07AM RIBBON.
11:01:08AM I HOPE EVERYBODY GOES BACK AND REWATCHES WHAT SHE HAD TO
11:01:13AM SAY.
11:01:13AM I THOUGHT HER COMMENTS WERE EXCELLENT.
11:01:16AM ALSO, CHAIRMAN MANISCALCO, YOU MENTIONED THE PROBLEM OF
11:01:19AM CORPORATE OWNERSHIP.
11:01:20AM ALTHOUGH THAT'S NOT PART OF THIS PRESENTATION, IT NEEDS TO
11:01:24AM BE THOUGHT ABOUT AND IT NEEDS TO BE DISCUSSED.
11:01:26AM IT IS A NATIONWIDE PROBLEM.
11:01:29AM THERE ARE ARTICLES ALL OVER THE INTERNET ABOUT IT.
11:01:32AM THE NATIONAL NEWS, LESTER HOLT, THEY DO STORIES ON IT.
11:01:37AM ACCORDING TO MET LIFE INVESTMENT MANAGEMENT STUDY, COMPANIES
11:01:41AM SUCH AS WALL STREET BACKED HEDGE FUNDS, CORPORATE LANDLORDS
11:01:45AM AND CASH RICH INVESTORS COULD OWN CLOSE TO 40% OF ALL U.S.
11:01:51AM HOUSES BY 2030.
11:01:53AM IF YOU LOOK AT THE HISTORY OF THESE, BECAUSE THEY HAVE, THEY
11:01:59AM BUY SO MUCH THEY END UP WITH -- THEY CORNER THE MARKET AND
11:02:02AM THEY CAN RAISE THE RENTS.
11:02:04AM THEY HISTORICALLY JACK UP THE RENTS AND THEY DON'T MAINTAIN
11:02:07AM THE HOMES.
11:02:08AM THIS TAKES INVENTORY OUT OF THE MARKET FOR HOME OWNERSHIP.
11:02:14AM AND I WANT TO REMIND EVERYBODY THAT EVERYONE I KNOW WHO HAS
11:02:19AM -- WHEN THEY RETIRE, THEY DIDN'T RETIRE UNTIL THEIR MORTGAGE
11:02:22AM WAS PAID OFF BECAUSE THEY CAN'T AFFORD IT.
11:02:25AM YOUR RENT IS NEVER PAID OFF.

11:02:27AM THAT'S WHY YOU SEE SOME ELDERLY PEOPLE WORKING UNTIL THEY
11:02:31AM DROP.
11:02:32AM HOME OWNERSHIP PROVIDES FINANCIAL SECURITY AND
11:02:35AM PREDICTABILITY.
11:02:36AM IT PROVIDES GENERATIONAL WEALTH.
11:02:40AM I THINK THAT THE REHAB PROGRAM TO KEEP PEOPLE IN THEIR HOMES
11:02:45AM TO REHAB THEIR HOMES SO THAT THEIR CHILDREN AND
11:02:50AM GRANDCHILDREN CAN INHERIT THEM ARE EXTREMELY IMPORTANT
11:02:52AM RATHER THAN HAVING A SHARK COME IN AND PAY JUST WHAT THE
11:02:56AM LAND IS WORTH AND THEN BUILD A GENTRIFIED, THREE, FOUR
11:03:02AM THOUSAND SQUARE FOOT HOME.
11:03:03AM THE PEOPLE WHO GET THE MONEY FOR JUST THE LAND, THAT'S NOT
11:03:06AM ENOUGH MONEY TO TURN AROUND AND BUY SOMETHING ELSE.
11:03:10AM THIS IS AN IMPORTANT ISSUE THAT NEEDS TO BE ADDRESSED.
11:03:13AM I ALSO WOULD LIKE TO TALK ABOUT THE FACT THAT IN THIS
11:03:18AM REPORT, IT MAINLY ADDRESSES EVERYTHING OF 120% AMI AND LESS.
11:03:24AM IT DOESN'T TALK ABOUT ABOVE THAT AND DOESN'T TELL US WHAT IS
11:03:31AM IN THE PIPELINE.
11:03:32AM I THINK WE NEED TO KNOW WHAT WE HAVE COMING IN ORDER TO
11:03:35AM EVALUATE OUR PROBLEM.
11:03:36AM I ALSO NOTICED THAT IT LUMPS 120% AMI, IT LUMPS IT ALL
11:03:41AM TOGETHER.
11:03:42AM IT NEVER SEPARATES IT OUT.
11:03:44AM WHEN I DID THAT, LOOKING AT THE REPORT AND NOT THE
11:03:48AM PowerPoint, I FOUND THE PEOPLE WHO MADE 60% OF AMI OR LESS

11:03:52AM THERE'S NOT ENOUGH HOUSING, BUT AT 61%, ANYTHING BETWEEN 60%
11:03:57AM AND 120%, THERE'S TWICE AS MANY UNITS AS THERE ARE
11:04:02AM HOUSEHOLDS.
11:04:02AM THIS NEEDS TO BE LOOKED AT.
11:04:04AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
11:04:05AM YES, MA'AM.
11:04:06AM ALL RIGHT.
11:04:06AM THAT CONCLUDES OUR PUBLIC COMMENT AT THIS TIME.
11:04:08AM MR. DRUMGO, GO AHEAD, SIR.
11:04:11AM THE PowerPoint IS UP ON OUR SCREEN, AND THEY'LL BRING IT
11:04:14AM UP ON THE MAIN SCREEN.
11:04:17AM GO AHEAD, SIR.
11:04:23AM PLEASE STATE YOUR NAME.
11:04:27AM >>ALIS DRUMGO: THANK YOU.
11:04:28AM FOR THE RECORD, ALIS DRUMGO, DEPUTY ADMINISTRATOR FOR
11:04:34AM DEVELOPMENT AND ECONOMIC OPPORTUNITY.
11:04:36AM I JUST WANT TO START OUT BY SAYING THAT WE HEAR THE PEOPLE
11:04:43AM AND WE'VE HEARD YOU AS A COUNCIL.
11:04:45AM YOU KNOW, I THINK THAT THE COMMENTS YOU ALL MADE DURING THE
11:04:49AM INITIAL 30-MINUTE SESSION REGARDING THE PRIORITIES, THOSE
11:04:53AM ARE ALL EMBEDDED IN OUR PRESENTATION AND YOU WILL FIND THAT
11:04:56AM AS WE GO THROUGH THE PRESENTATION.
11:04:58AM I'M CONFIDENT THERE'S REALLY NO NEED TO MODIFY THE APPROACH
11:05:01AM ON THIS.
11:05:02AM THE GOALS THAT YOU STATED, THAT YOU LAID OUT RELATIVE TO

11:05:05AM ACCOUNTABILITY ON SPENDING.
11:05:07AM TEMPORARY HOUSING.
11:05:09AM HOUSING FOR PROTECTIVE POPULATIONS AND THOSE WITH
11:05:12AM DISABILITIES, ALL A PART OF THIS PRESENTATION.
11:05:16AM THE DESIRE TO REDUCE THE HOUSING AND TRANSPORTATION COSTS
11:05:19AM ACROSS THE CITY.
11:05:20AM THOSE ARE THINGS THAT WE'VE HEARD YOU ALL SAY OVER AND OVER
11:05:23AM AGAIN AT COUNCIL MEETINGS.
11:05:24AM WE HEARD THE PEOPLE COME IN AND TALK ABOUT THAT.
11:05:27AM ADDITIONALLY, LOOKING AT -- THOSE MEETINGS ARE PREVENTING
11:05:31AM GENTRIFICATION IN OUR COMMUNITIES.
11:05:34AM THAT'S EMBEDDED IN THE PRESENTATION AS WELL.
11:05:37AM WE ALSO HAVE A STATED GOAL AS A PART OF THE PRESENTATION TO
11:05:42AM CLOSE THE HOME OWNERSHIP GAP BETWEEN MINORITY POPULATIONS
11:05:46AM AND NONMINORITY POPULATIONS.
11:05:48AM IT'S A STATED GOAL.
11:05:49AM WE UNDERSTAND WHAT WE'RE UP AGAINST.
11:05:52AM WITH THAT, I'LL JUMP IN AND START THE PRESENTATION HERE.
11:05:56AM FORGIVE ME, BECAUSE WE DO HAVE A LOT TO GET THROUGH.
11:05:59AM AS I MENTIONED BEFORE, OUR GOAL IS TO HAVE THE PRESENTATION
11:06:03AM FOR EACH SECTION AND THEN WE'LL OPEN IT UP -- OBVIOUSLY IT
11:06:07AM WILL BE OPEN FOR DISCUSSION AMONG THE COUNCIL AND CHAIRMAN
11:06:10AM FEEL FREE TO TAKE COMMENT AS YOU SEE FIT.
11:06:14AM BUT THE CITY OF TAMPA HAS BEEN ON A GROWTH TRAJECTORY OVER
11:06:17AM THE LAST TWO DECADES.

11:06:18AM OUR CITY HAS GAINED MORE THAN 90,000 RESIDENTS.
11:06:22AM SINCE 2010 OUR POPULATION HAS GROWN NEARLY 15%.
11:06:27AM BEFORE 2020, WE ALL KNOW THE BACKGROUND AND THE HISTORY THAT
11:06:30AM THE CITY REALLY ONLY COMMITTED $2 MILLION ANNUALLY OF ITS
11:06:33AM GENERAL FUND DOLLARS TOWARDS AFFORDABLE HOUSING.
11:06:37AM SO THE MAYOR CAME IN AND SHE SET AN AMBITIOUS GOAL OF 10,000
11:06:42AM UNITS, CREATION AND PRESERVATION FOR AFFORDABLE HOUSING.
11:06:45AM NOW I KNOW THERE HAVE BEEN RESERVATIONS ABOUT THE INITIAL
11:06:47AM GOAL OF 10,000 UNITS, BUT THE REALITY IS THAT THROUGH THE
11:06:51AM HOUSING NEEDS ASSESSMENT WE DISCOVERED THAT THAT 10,000
11:06:54AM UNITS IS ONLY 40% OF THE TRUE GAP.
11:06:57AM WE NEED MORE THAN 25,000 UNITS AT OR BELOW 50% AREA MEDIAN
11:07:03AM INCOME.
11:07:04AM IT'S BEEN SAID THAT THE SUBSIDY TO CLOSE THAT GAP MORE THAN
11:07:07AM $5 BILLION.
11:07:08AM THAT IS TRUE.
11:07:09AM BUT SINCE THAT GOAL WAS SET, THE CITY, WE WERE TASKED, THE
11:07:14AM STAFF WORKED VERY HARD TO ADDRESS THE IMMEDIATE CHALLENGES
11:07:17AM THAT WERE PRESENTED THROUGH THE COVID-19 PANDEMIC.
11:07:20AM AND THE BULK OF THE RESOURCES WENT TOWARDS ADDRESSING
11:07:23AM HOUSING INSTABILITY, EVICTIONS AND HOMELESSNESS TO KEEP
11:07:28AM PEOPLE SHELTERED DURING THE PANDEMIC.
11:07:29AM BUT THIS FISCAL YEAR, THE CITY AND THIS COUNCIL, YOU MADE A
11:07:33AM SIGNIFICANT CHANGE.
11:07:34AM YOU INCREASED THE LOCAL CONTRIBUTION TOWARDS HOUSING

11:07:37AM TENFOLD, AND WE UNDERSTAND THAT WITHOUT A DOUBT THAT'S GOING
11:07:40AM TO GO A LONG WAY TO HELP FILL THE GAP THAT IS BEING LEFT BY
11:07:44AM DIMINISHING FEDERAL FUNDING BECAUSE THOSE NUMBERS ARE GOING
11:07:47AM DOWN FOR US.
11:07:48AM BUT WE'RE VERY THANKFUL THAT THE COUNCIL APPROVED THE BUDGET
11:07:51AM INCREASES THAT WE HAVE FOR HOUSING, AND YOU'VE CONTINUED TO
11:07:54AM DOUBLE DOWN ON THAT AS A CRA BY CONTINUING TO SET ASIDE
11:07:59AM DOLLARS.
11:07:59AM SO COLLECTIVELY OUR TEAM HAS PUT TOGETHER THIS COORDINATED
11:08:03AM STRATEGY ON HOW TO EXPEND THOSE DOLLARS.
11:08:05AM WE ARE AWARE THAT THE GAP IS VERY LARGE.
11:08:09AM DURING THE REST OF THE WORKSHOP, WE'RE GOING TO WALK YOU
11:08:12AM THROUGH OUR PLAN HERE ON THE COORDINATED STRATEGY TO EXPEND
11:08:16AM THESE DOLLARS.
11:08:17AM YOU'LL ALSO HEAR ABOUT LAND USE STRATEGIES AND PROGRAMMATIC
11:08:23AM CHANGES, SOME OF WHICH YOU HEARD FROM FOLKS IN THE AUDIENCE
11:08:26AM THAT NEEDED TO BE TWEAKED, SOME OF WHICH WE UNDERSTOOD WE
11:08:28AM NEEDED TO SIT DOWN AND TAKE A BETTER LOOK AT HOW WE SERVE
11:08:31AM OUR COMMUNITY.
11:08:32AM WE ANTICIPATE THAT THIS IS GOING TO PUT US ON A PATH TOWARDS
11:08:38AM MEETING THE HOUSING NEEDS AND, OF COURSE, THIS COUNCIL WILL
11:08:41AM BE ABLE TO DECIDE LONG TERM HOW YOU WANT TO CONTINUE TO GET
11:08:45AM INTO THAT GAP, PARTICULARLY WHEN IT COMES TO FINANCIAL
11:08:48AM CONTRIBUTIONS.
11:08:49AM AS IT RELATES TO THE AGENDA, OUR PLANNING DIRECTOR, STEPHEN

11:08:53AM BENSON WILL PROVIDE YOU WITH CONTEXT AND BACKGROUND WITH KEY
11:08:57AM DATA POINTS FROM OUR HOUSING NEEDS ASSESSMENT.
11:08:59AM HOUSING AND COMMUNITY DEVELOPMENT DIRECTOR KAYON HENDERSON
11:09:02AM WILL PROVIDE FY '23 RECAP.
11:09:05AM TOUCH ON WHAT THE IMPACT LOOKED LIKE.
11:09:08AM WE'LL THEN GET INTO THE COORDINATED RESPONSE FOR FISCAL YEAR
11:09:11AM '24 AND BEYOND.
11:09:12AM YOU'LL HEAR FROM BOTH DIRECTORS AGAIN ON THAT.
11:09:16AM DEPUTY ADMINISTRATOR FEELEY WILL PROVIDE BACKGROUND ON TWO
11:09:20AM KEY PROJECTS THAT SHE'S LEADING THAT WILL IMPACT POLICY AND
11:09:23AM PROGRESS TRACKING SO WE KNOW WHAT'S IN THE PIPELINE AS SOME
11:09:27AM OF THE FOLKS HAVE SAID.
11:09:28AM DIRECTOR HENDERSON WILL THEN ALSO GIVE YOU A FINANCIAL
11:09:32AM PRIMER THAT LAYS OUT HOW SUBSIDIZING MULTIFAMILY WORKS.
11:09:37AM HOW SUBSIDIZING SINGLE-FAMILY HOME OWNERSHIP WORKS AS WELL.
11:09:41AM WE'LL CLOSE WITH SOME EXPECTATIONS THAT YOU ALL CAN HAVE
11:09:45AM FROM US.
11:09:46AM AND JUST TO LET YOU KNOW WHAT SOME OF THE THINGS ARE THAT
11:09:50AM ARE FORTHCOMING IN THE NEXT MONTHS.
11:09:52AM AGAIN, BETWEEN EACH OF THE SECTIONS WE'LL HAVE Q & A.
11:09:55AM I'LL SAY IF WE GET POSED A QUESTION THAT WE KNOW WE'LL COVER
11:09:59AM LATER ON IN THE PRESENTATION, WE'LL ASK FOR THAT TO SIT.
11:10:02AM WE'LL ASK FOR IT TO BE TABLED SO WE CAN CONTINUE ON
11:10:05AM PRESENTING THE CONTENT.
11:10:06AM WE ASK FOR THAT RESPECT.

11:10:10AM I JUST WANTED TO REMIND THE COUNCIL THAT THIS HAS BEEN A
11:10:13AM CULMINATION OF ABOUT 20 MONTHS OF WORK THAT INCLUDED THE
11:10:17AM HOUSING NEEDS ASSESSMENT, THE PUSH FOR ADDITIONAL FUNDING
11:10:19AM AND THIS COORDINATED RESPONSE.
11:10:21AM WITH THAT, I'LL TURN IT OVER TO DIRECTOR BENSON SO HE CAN
11:10:25AM GET GOING WITH THIS.
11:10:27AM >>BILL CARLSON: COULD WE GO BACK TO THE FIRST SLIDE, PLEASE,
11:10:31AM THE GOAL SLIDE?
11:10:38AM >>ALIS DRUMGO: THIS IS IT.
11:10:39AM JUST GETTING STARTED.
11:10:40AM >>BILL CARLSON: RIGHT, RIGHT, RIGHT.
11:10:42AM NO, WHERE IS THE GOAL SLIDE?
11:10:45AM >>ALIS DRUMGO: WE'RE NOT THERE YET.
11:10:46AM >>BILL CARLSON: WHAT I SAID IN THE BEGINNING IS I THINK WE
11:10:49AM NEED TO SET OUR GOALS.
11:10:54AM THERE ARE SEVERAL PRESENTATIONS HERE THAT LEAD TO DIFFERENT
11:10:58AM SOLUTIONS.
11:10:58AM WHAT I THINK WE NEED TO DO IS SET UP A FOLLOW-UP WORKSHOP
11:11:02AM INSTEAD OF MAKING ADDITIONAL DECISIONS TODAY, SET UP A
11:11:06AM FOLLOW-UP WORKSHOP.
11:11:07AM THERE'S NO MEETING ON THE 30th OF MAY.
11:11:09AM I THINK WE NEED TO REALLY DIGEST THIS, TALK TO EXPERTS IN
11:11:13AM THE COMMUNITY AND FIGURE OUT HOW WE BEST USE OUR RESOURCE.
11:11:16AM THE THING WE NEED TO ARGUE AND DEBATE IS WHAT OUR GOALS
11:11:19AM SHOULD BE.

11:11:19AM YOU MENTIONED THEM VERBALLY.
11:11:21AM I HEARD THEM WHEN I WAS IN THE BACK SO I THOUGHT THE SLIDE
11:11:24AM WAS UP.
11:11:25AM THOSE ARE THE THINGS WORTH FIGURING OUT BECAUSE WE HAVE SUCH
11:11:27AM LITTLE MONEY COMPARED TO THE OVERALL NEED.
11:11:30AM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
11:11:30AM GO AHEAD, SIR.
11:11:35AM >>STEPHEN BENSON: STEPHEN BENSON, CITY PLANNING DIRECTOR.
11:11:38AM AS HAS BEEN STATED, WE KNOW THE POPULATION OF TAMPA IS
11:11:42AM GROWING SIGNIFICANTLY AND OUR HOUSING STOCK ITSELF IS AGING.
11:11:47AM HOW DOES THAT COMPARE?
11:11:49AM WHAT IS THE CONTEXT OF THAT?
11:11:50AM THE LAST TEN YEARS OF GROWTH IN TAMPA HAVE SEEN A LARGER
11:11:57AM POPULATION INCREASE THAN THE TEN YEARS PRIOR.
11:11:59AM WHAT DOES THAT MEAN?
11:12:00AM COMPARED TO HILLSBOROUGH COUNTY, COMPARED TO THE STATE OF
11:12:01AM FLORIDA, COMPARED TO THE UNITED STATES AS A WHOLE, WE ARE IN
11:12:04AM A UNIQUE POSITION AND BEING GIVEN A UNIQUE OPPORTUNITY
11:12:07AM BECAUSE THE DEMAND IS HERE AND THE DEMAND FOR MORE HOUSING
11:12:09AM WILL CONTINUE TO INCREASE, AND YOU HAVE THE ABILITY TO
11:12:12AM CONTROL WHERE THAT HOUSING GOES AND WHERE THAT RESIDENTIAL
11:12:14AM DEVELOPMENT IS GUIDED TOWARDS.
11:12:16AM IN THE PAST DECADE, MORE THAN 1500 INCOME RESTRICTED UNITS
11:12:21AM HAVE EXPIRED.
11:12:22AM THOSE AFFORDABILITY PERIODS HAVE EXPIRED.

11:12:24AM BUT 1800 NEW UNITS WERE ADDED.
11:12:27AM THAT IS A NET OF ABOUT 300 NEW AFFORDABLE UNITS.
11:12:30AM THOSE ARE ALL OF THE INCOME RESTRICTED UNITS IN THE CITY.
11:12:33AM SO THINK ABOUT THE ENTIRE HOUSING STOCK AND THE AMOUNT OF
11:12:36AM THOSE UNITS ACTUALLY INCOME RESTRICTED.
11:12:39AM IT'S VERY, VERY SMALL.
11:12:40AM THE HOUSING STOCK IS AGING OVER HALF OF OUR HOUSING STOCK
11:12:43AM WAS BUILT BEFORE 1990.
11:12:45AM AND AS FAR AS THE TYPES OF NEW HOUSING THAT ARE BEING BUILT,
11:12:49AM THAT NEW HOUSING IS YIELDING UNIT SIZES THAT ARE PULLING UP
11:12:54AM THE AVERAGE SIZE OF A HOME.
11:12:56AM EVEN THOUGH THE AVERAGE HOUSEHOLD SIZE ITSELF IS GOING DOWN,
11:12:58AM RIGHT NOW WE'RE AT ABOUT 2.1 PEOPLE PER HOUSEHOLD, THE
11:13:01AM AVERAGE UNIT SIZE IS GETTING BIGGER.
11:13:03AM WHAT DOES THAT TRANSLATE TO?
11:13:05AM A MORE EXPENSIVE HOME FOR THE SAME SIZE FAMILY.
11:13:07AM THAT IS ALL DUE TO REDEVELOPMENT AND DUE TO INFILL WITH
11:13:10AM LARGER HOMES.
11:13:11AM THERE'S CURRENTLY OBVIOUSLY A MISMATCH BETWEEN HOUSEHOLD
11:13:14AM INCOMES AND THE AVAILABLE AND AFFORDABLE UNITS.
11:13:17AM BUT TO AFFORD A MEDIUM PRICED HOME IN TAMPA TODAY, A
11:13:20AM HOUSEHOLD WOULD NEED TO EARN OVER $150,000 PER YEAR.
11:13:24AM THE AREA MEDIAN INCOME IS LESS THAN SIX FIGURES.
11:13:28AM THAT IS AN ENORMOUS GAP.
11:13:29AM WE KNOW THAT RENTERS ARE HURTING MORE THAN HOMEOWNERS,

11:13:33AM ESPECIALLY BECAUSE HOMEOWNERS DO HAVE THE BENEFIT OF EQUITY
11:13:36AM WHEREAS RENTERS DO NOT.
11:13:38AM AVERAGE TAMPA RESIDENT IS PAYING OVER HALF OF THEIR INCOME
11:13:41AM ON BOTH HOUSING AND TRANSPORTATION COMBINED.
11:13:44AM THIS IS THE GAP.
11:13:47AM THIS IS WHAT THE GAP LOOKS LIKE FOR EACH OF THE INCOME
11:13:50AM LEVELS.
11:13:51AM NOTICE THAT EACH BAR IS CUMULATIVE.
11:13:54AM IT INCLUDES ALL OF THE INCOME LEVELS BELOW IT.
11:13:56AM THE LARGEST GAP THAT EXISTS IS FOR THE ZERO TO 50 PERCENT
11:14:00AM AMI INCOME LEVEL AND THAT GAP IS 26,153 UNITS AND THAT IS
11:14:06AM BASED UPON 2021 DATA.
11:14:08AM I'M GOING TO PASS IT OFF NOW TO MS. HENDERSON TO SPEAK TO
11:14:12AM THE IMPACT OF FISCAL YEAR 2023 INVESTMENT.
11:14:17AM >>GUIDO MANISCALCO: YES, MA'AM.
11:14:17AM PLEASE STATE YOUR NAME.
11:14:21AM >> GOOD MORNING.
11:14:22AM KAYON HENDERSON, DIRECTOR OF HOUSING AND COMMUNITY
11:14:26AM DEVELOPMENT.
11:14:28AM AS STEPHEN MENTIONED, I'M GOING TO OVER WHAT THE FISCAL
11:14:31AM IMPACT WAS.
11:14:32AM WE CERTAINLY KNOW WHERE WE ARE COMING FROM, SO WE'RE USING
11:14:35AM THAT TO BUILD ON WHERE WE ARE GOING.
11:14:37AM AS WE LOOK AT WHAT DECLINING RESOURCE IS, OVER THE PAST FIVE
11:14:42AM YEARS, THE CITY HAS LOST APPROXIMATELY 65% OF STATE AND

11:14:46AM FEDERAL FUNDING.
11:14:47AM THAT IS A HUGE GAP THAT WE HAVE.
11:14:49AM THAT IS USED TO ASSIST HOUSEHOLDS WHO NEEDED HELP WITH
11:14:52AM RENTAL OR MORTGAGE ASSISTANCE AND MOST OF THAT CAME FROM
11:14:57AM CARES FUNDS AS WE WERE GOING THROUGH.
11:14:59AM THE LOSS OF THE DECLINE IN RESOURCES THIS MAGNIFIED THE NEED
11:15:05AM FOR ADDITIONAL RESOURCES TO PROVIDE THE GAP OF IMMEDIATE
11:15:07AM HOUSING, INSTABILITY AND LONG-TERM AFFORDABILITY.
11:15:11AM HERE WE TRIED TO GRADE OUT JUST WHAT THAT LOOKS LIKE.
11:15:14AM IN FY '21 WE WERE GETTING ABOUT 44 MILLION.
11:15:17AM ON AVERAGE WE GET 15 MILLION.
11:15:19AM IN FY '22-23, YOU'LL SEE IT WENT UP A LITTLE BIT TO GIVE US
11:15:22AM 22 MILLION.
11:15:24AM THAT WAS AS A DIRECT RESULT OF WE HAD FULLY EXPENDED OUR
11:15:28AM CARES FUNDS AND SO WE GOT ADDITIONAL FUNDS.
11:15:31AM BUT THE FUNDS ARE GONE AND LOOKING AT AN AVERAGE OF 15
11:15:35AM MILLION FROM STATE AND FEDERAL.
11:15:37AM WE CAME BEFORE FOR THE LAST COUPLE OF QUARTERLY UPDATES TO
11:15:40AM REALLY SHOW WHERE THOSE FUNDS WERE GOING.
11:15:43AM WE ORIGINALLY CAME WITH THE HOUSING BUCKETS.
11:15:45AM WE CHANGED IT BASED ON WHO ARE WE REALLY ASSISTING.
11:15:50AM DURING THE LAST FISCAL YEAR WE'VE COME BEFORE WITH THE
11:15:53AM QUARTERLY UPDATES WHERE HERE WE HAVE THE FOURTH AND FINAL
11:15:56AM QUARTER OF FISCAL '23.
11:16:00AM THIS SHOWS THE TOTAL IMPACT WE'VE HAD ON PROGRAMS.

11:16:03AM ONE OF THE THINGS I WANT TO MENTION IS WHILE WE STARTED OFF
11:16:05AM WITH $26.5 MILLION FOR OUR BUDGET, WE EXPENDED ABOUT 24.5
11:16:10AM MILLION.
11:16:11AM THAT DOES NOT MEAN WE LOSE THE 2 MILLION.
11:16:13AM IT ROLLS OVER INTO THE CURRENT FISCAL YEAR WE HAVE SO WE CAN
11:16:17AM REPROGRAM IT.
11:16:19AM I WANT TO SAY THAT SPECIFICALLY FOR THE WORKFORCE HOUSING,
11:16:22AM THAT'S WHERE WE DID NOT FULLY MEET THE FULL EXPENDITURE, AND
11:16:26AM THAT IS A COMBINATION OF AT TIMES PEOPLE, LET'S SAY FOR DOWN
11:16:30AM PAYMENT ASSISTANCE CANNOT FIND A HOME WITHIN THEIR PRICE
11:16:32AM RANGE OR THEY DON'T QUALIFY FOR THAT FIRST MORTGAGE.
11:16:35AM IT'S NOT THAT THEY DON'T QUALIFY FOR THE CITY'S PROGRAM, BUT
11:16:38AM IT JUST TAKES A LITTLE BIT MORE TIME.
11:16:40AM SO BEING ABLE TO ROLL OVER THOSE FUNDS WE'RE THEN ABLE TO
11:16:44AM ALLOCATE THEM FOR THE CURRENT YEAR AND MOVE THAT FORWARD.
11:16:47AM DURING THE BUDGET CYCLE WE BROUGHT BEFORE JUST TRYING TO
11:16:52AM REALLY PERSONALIZE AND LOOK AT WHAT THAT LOOKS LIKE AS WE
11:16:58AM HAVE THE UPDATE.
11:16:59AM HERE WE USED PERSONS TO SHOW WHO WE'RE ACTUALLY IMPACTING.
11:17:03AM YOU'LL SEE TEMPORARY HOUSING.
11:17:04AM I KNOW THAT WAS MENTIONED A LITTLE BIT EARLIER, MAKING SURE
11:17:07AM WE HAVE THE NEED FOR TEMPORARY HOUSING FOR THOSE INDIVIDUALS
11:17:09AM WHO ARE IN BETWEEN.
11:17:11AM THAT'S IN BETWEEN SPACE.
11:17:13AM WE DO HAVE PROTECTED POPULATIONS THAT ARE SERVED, HELPING

11:17:16AM THOSE TO BE STABLE, WHETHER RENTERS OR HOMEOWNERS.
11:17:20AM SAFE AND QUALITY HOUSING.
11:17:22AM DOES NOT HAVE SOMETHING THERE.
11:17:23AM WE HAVE DONE SOME INFRASTRUCTURE.
11:17:24AM THE HOUSE IS JUST NOT COMPLETED SO WE'RE NOT COUNTING IT AS
11:17:28AM A SUCCESS STORY UNTIL IT IS ACTUALLY COMPLETED.
11:17:30AM YOU'LL SEE WE HAVE WORKFORCE HOUSING.
11:17:32AM WE DO HAVE SOCIAL SERVICES THAT WE MUST PROVIDE AS PART OF
11:17:35AM THE FEDERAL GRANT.
11:17:37AM THEN OUTSIDE OF TAMPA, AGAIN, WE RECEIVE FUNDS FROM HOUSING
11:17:41AM OPPORTUNITY FOR PERSONS WITH AIDS AND HIV.
11:17:44AM CITY OF TAMPA RECEIVED THE FUNDS FOR FOUR SURROUNDING
11:17:46AM COUNTIES WHICH IS PINELLAS, HERNANDO, AND PASCO, SO WE MUST
11:17:50AM USE ABOUT $2.6 MILLION AVERAGE OUTSIDE OF THE CITY OF TAMPA
11:17:55AM LIMITS TO HELP THOSE WHO ARE DISABLED WITH HIV OR AIDS.
11:17:59AM HERE YOU SEE WHERE BEFORE WE HAD THE PEOPLE THAT WERE
11:18:05AM SERVED.
11:18:06AM HERE WE'RE TRYING TO SHOW HOUSES THAT WE'LL HAVE FOR
11:18:09AM AFFORDABILITY.
11:18:10AM TEMPORARY HOUSING AGAIN WE SHOW IT HERE WHERE WE WERE ABLE
11:18:13AM TO GET 17 UNITS, WHICH WILL STILL BE CONSIDERED TEMPORARY
11:18:17AM HOUSING BUT IT HAS A LONG-TERM AFFORDABILITY ON IT WHICH
11:18:21AM MEANS IT MUST REMAIN FOR THAT PURPOSE FOR 20 YEARS OR MORE.
11:18:24AM FOR PROTECTED POPULATION, STABILIZATION AND SAFE AND QUALITY
11:18:27AM HOUSING, IT ALSO LISTS THOSE NUMBERS THERE ALSO.

11:18:31AM YOU'LL SEE WHERE WE HAVE THE ASTERISK FOR STABILIZATION
11:18:33AM WHERE IT IS 13.
11:18:35AM THAT WILL BE BECAUSE SOMEONE MAY HAVE RECEIVED $10,000 AND
11:18:39AM SO THEY DON'T HAVE A 20-YEAR AFFORDABILITY PERIOD BUT A
11:18:42AM FIVE-YEAR AFFORDABILITY PERIOD.
11:18:44AM EVERYTHING WE DO AND EVERY PROGRAM WE HAVE WE DO SET AN
11:18:48AM AFFORDABILITY PERIOD TO PROTECT THE FUNDS THAT WE HAVE
11:18:51AM PROVIDED AND TRYING TO ENSURE THAT IT IS INDEED AFFORDABLE.
11:18:54AM I WILL PAUSE FOR QUESTIONS BEFORE I GO TO THE NEXT.
11:19:02AM >>GUIDO MANISCALCO: GO AHEAD, SIR.
11:19:03AM >>BILL CARLSON: THIS WAS IN STEPHEN'S SLIDE.
11:19:06AM HE SAID THERE WERE LIKE 1800 -- FORGOT THE NUMBER.
11:19:14AM 1800 UNITS EXPIRED.
11:19:16AM I FORGOT THE NUMBERS.
11:19:19AM I DON'T THINK THAT INCLUDES WHERE THE WEST RIVER PROJECT IS
11:19:26AM GOING.
11:19:27AM I FORGOT HOW MANY UNITS THAT WAS.
11:19:29AM ALSO TAMPA PARK APARTMENTS.
11:19:31AM THAT WAS PRIVATE.
11:19:32AM BUT LIKE 700 UNITS THERE, CORRECT?
11:19:36AM >> I BELIEVE THESE ARE THE ONES AS OF RIGHT NOW.
11:19:39AM DON'T ACCOUNT FOR GOING FORWARD.
11:19:40AM I HAVE THE NUMBERS FOR GOING FORWARD BUT THIS WAS LOOKING
11:19:42AM BACK AT THE LAST DECADE.
11:19:43AM >>BILL CARLSON: THE POINT IS IF YOU GO BACK TEN YEARS, THERE

11:19:46AM WERE HUNDREDS, IF NOT THOUSANDS OF UNITS THAT WERE TAKEN
11:19:49AM OFF-LINE BECAUSE THE INCENTIVE WAS TO CONVERT TO MARKET-RATE
11:19:55AM HOUSING.
11:19:55AM AND NOW WE'RE AT A DEFICIT.
11:19:57AM WE NOT ONLY HAVE THE GROWTH RATE, WE HAVE A DEFICIT BECAUSE
11:20:01AM OF THOSE POLICIES.
11:20:02AM THANK YOU.
11:20:04AM >>GUIDO MANISCALCO: YES, MA'AM.
11:20:05AM ANY OTHER QUESTIONS OR COMMENTS?
11:20:06AM YES, MA'AM.
11:20:07AM THANK YOU VERY MUCH.
11:20:09AM WHAT IS THE NEXT SECTION?
11:20:11AM THE COORDINATED RESPONSE.
11:20:13AM >> YES.
11:20:14AM I WILL CONTINUE WITH THE COORDINATED RESPONSE.
11:20:16AM LAND USE POLICY CHANGES WILL CERTAINLY ALLOW FOR HOUSING
11:20:20AM DEVELOPMENT TO KEEP UP WITH THE POPULATION GROWTH MORE
11:20:22AM BROADLY, BUT WE STILL NEED MARKET RATE HOUSING.
11:20:26AM SO THE INCREASED -- THE AMOUNT OF FUNDING THAT'S DEDICATED
11:20:30AM TO AFFORDABLE HOUSING AS THE NEED AND COSTS HAVE GROWN IS
11:20:34AM SOMETHING WE'RE ALSO LOOKING FOR AS WE LOOK AT HOW DO WE
11:20:37AM MOVE FORWARD.
11:20:38AM WE'VE MADE SOME STRATEGIC IMPROVEMENTS AND FOCUS TO THE
11:20:42AM FUNDS ON HOUSEHOLDS THAT NEEDS IT THE MOST.
11:20:45AM REALLY TO LOOK AT WHAT THE SUBSIDY AMOUNTS ARE AS THE COSTS

11:20:49AM HAVE RISEN.
11:20:50AM AS WE CONTINUE TO SEE THOSE RISE, WE WANT TO MAKE SURE THAT
11:20:52AM WE'RE ADDRESSING THOSE NEEDS.
11:20:53AM WE'VE COMBINED SOME PROGRAMS REALLY INCLUDING CRA PROGRAMS,
11:20:58AM HCD PROGRAMS MORE EFFICIENT FOR IMPLEMENTATION AND EXPENDING
11:21:04AM FUNDS.
11:21:04AM WHAT THAT MEANS FOR US IS IN THE BEGINNING PROGRAMS SUCH AS
11:21:07AM DOWN PAYMENT ASSISTANCE OR OWNER OCCUPIED REHAB, INDIVIDUALS
11:21:11AM USED TO HAVE THE WORRY ABOUT THEIR GEOGRAPHICAL AREA AND
11:21:13AM FIGURE OUT WHERE THEY APPLY FOR FUNDS.
11:21:16AM WHAT WE WANT TO DO IS REMOVE THAT BARRIER AND SAY YOU APPLY
11:21:20AM IT IN ONE COORDINATED APPROACH AND ON THE BACK END WE'LL
11:21:23AM WORRY ABOUT THE GEOGRAPHICAL AREA.
11:21:24AM THAT REDUCES THE BARRIER SOMEONE MOVING IN.
11:21:28AM WE ALSO WANT TO LOOK AS WE MAKE THESE PROGRAMMATIC CHANGES,
11:21:33AM IT WILL REALLY CREATE EFFICIENCY IN SERVICES REALLY ACROSS
11:21:37AM THE CITY AS A WHOLE.
11:21:39AM ALSO LOOKING TO LEVERAGE WHAT CRA DOLLARS ARE WITH THE CITY
11:21:42AM FUND.
11:21:43AM SO WE WILL CONTINUE TO IDENTIFY THE NEW PRIORITIES.
11:21:46AM WE'LL SET QUANTITATIVE GOALS AND REALLY LOOKING AT THE
11:21:50AM PRE-PRONG STRATEGY FOR ACHIEVING THOSE GOALS.
11:21:52AM SO WE WILL LOOK AT THE LAND USE POLICY CHANGES THAT WILL
11:21:56AM COME UP IN A LITTLE BIT.
11:21:57AM WE'RE LOOKING FOR INCREASED DEDICATED FUNDING.

11:21:59AM WE KNOW THAT WE HAVE 30 MILLION OF THE CRA FUNDS.
11:22:03AM TO SAY THAT WE ARE EXTREMELY GRATEFUL FOR THE ADDITIONAL
11:22:07AM GENERAL FUNDS, AND THEN THE 50 MILLION GENERAL FUNDS.
11:22:11AM WE HAVE RECEIVED FUNDS, $15 MILLION FOR STATE AND FEDERAL,
11:22:15AM BUT THEY ARE QUITE RESTRICTIVE.
11:22:17AM HAVING ADDITIONAL FUNDS WITH LESS RESTRICTIONS CERTAINLY
11:22:20AM ALLOWS US TO ADDRESS THE NEED.
11:22:22AM AND THEN ALSO LOOKING AT PROGRAM IMPROVEMENTS, WE WANT TO
11:22:26AM MAKE SURE THAT AS WE REFINE WHAT INCOME REQUIREMENTS ARE AND
11:22:29AM THE PROGRAMS, WE WANT TO MAKE SURE THAT WE'RE TOUCHING THE
11:22:31AM MOST VULNERABLE POPULATION.
11:22:32AM SO AS WE LOOK AT A TARGETED SPENDING OF FUNDING WHICH WILL
11:22:36AM RESULT IN MORE HOUSEHOLDS BEING SERVED AND MORE UNITS BEING
11:22:39AM CREATED.
11:22:40AM AS WE CONTINUE TO DO THAT, WE ALSO WANT TO MAKE SURE THAT AS
11:22:43AM WE GET ACQUISITION, WE CAN HAVE SOME TARGETED ACQUISITION
11:22:46AM THAT CAN REDUCE IMPACTS OF GENTRIFICATION AND REALLY
11:22:50AM STABILIZE AT-RISK NEIGHBORHOODS.
11:22:53AM >>GUIDO MANISCALCO: YOU HAVE I BELIEVE THREE SLIDES AFTER
11:22:55AM THIS, CORRECT, BEFORE IT'S Q & A?
11:22:58AM >> THAT IS CORRECT.
11:22:58AM >>GUIDO MANISCALCO: THEN I'LL OPEN IT UP TO PUBLIC COMMENT.
11:23:01AM THERE ARE FOLKS THAT WANT TO SPEAK.
11:23:02AM THERE WAS A LOT HERE.
11:23:03AM THE PREVIOUS SLIDES WERE -- YEAH, THIS IS WHERE LIKE THE

11:23:08AM MEAT IS AT.
11:23:09AM I'LL GO TO PUBLIC COMMENT AFTER YOU FINISH THE NEXT FEW
11:23:11AM SLIDES.
11:23:12AM YES, MA'AM.
11:23:12AM GO AHEAD.
11:23:13AM >> SOUNDS GOOD.
11:23:17AM >>BILL CARLSON: BACK ON THE CRA 30 MILLION, I THINK THAT'S
11:23:20AM JUST FOR THIS YEAR, BECAUSE THERE WERE NO PROJECTS IN THE
11:23:23AM CRA DISTRICTS, SOME OF THAT MONEY HAS BEEN ACCUMULATING.
11:23:26AM NOW THERE IS I THINK $5 MILLION IN THE YBOR CRA.
11:23:29AM IS THERE AN ADDITIONAL FUND OF MONEY THAT WASN'T SPENT IN
11:23:32AM THE PREVIOUS YEAR THAT IS ROLLING OVER IN THE CRA OR JUST
11:23:35AM THE 30 MILLION?
11:23:44AM >>ALIS DRUMGO: WE ARE STILL ROLLING DOLLARS FORWARD FROM THE
11:23:47AM CRA BUT ALSO STILL SPENDING MONEY ACTIVELY IN THE FISCAL
11:23:50AM CYCLE.
11:23:50AM THAT'S WHY YOU SEE 30 MILLION.
11:23:52AM ALLOCATION OVER THE LAST TWO YEARS HAS BEEN CLOSE TO 40
11:23:55AM MILLION.
11:23:55AM >>BILL CARLSON: THANK YOU.
11:23:59AM >>KAYON HENDERSON: SO AS MENTIONED EARLIER, THERE WAS A
11:24:04AM LOFTY GOAL OF TRYING TO GET TO 10,000 UNITS BY 2027.
11:24:09AM I'LL KEEP IT HERE FOR SCALE AS I GO ON TO THE NEXT SLIDE.
11:24:13AM WE REALIZE THAT REALLY TO CONTINUE TO MOVE FORWARD AND
11:24:17AM REALLY MEET WHAT THE HOUSING NEEDS ARE, WE NEED TO INCREASE

11:24:21AM RECURRING CITY FUNDS BY $25 MILLION ANNUALLY WITH THE
11:24:25AM PRIORITIES AND GOALS THAT WE'VE IDENTIFIED, WE NEED TO BE
11:24:29AM INTENTIONAL AND REALLY HAVE THE TARGETED APPROACH TO GET TO
11:24:32AM OUR GOALS.
11:24:32AM WITH INCREASED RECURRING FUNDS, THIS WILL ALLOW US TO REDUCE
11:24:36AM THE RACIAL HOME OWNERSHIP GAP AND REDUCE THE AVERAGE COST
11:24:40AM BURDEN FOR SOME OF OUR MOST VULNERABLE POPULATION.
11:24:43AM HERE YOU'LL SEE WHERE WE TALK ABOUT REDUCING RACIAL HOME
11:24:45AM OWNERSHIP GAP AND FOCUS FOR MODERATE INCOME AND ABOVE MEDIAN
11:24:49AM BY TRYING TO REDUCE IT BY 50%.
11:24:52AM WE'RE LOOKING AT THOSE WHO ARE 80% AND ABOVE OF THE AREA
11:24:55AM MEDIAN INCOME.
11:24:57AM FOR LOW-INCOME HOUSEHOLDS, 51% TO 80% TRYING TO REDUCE THAT
11:25:01AM HOME OWNERSHIP GAP BY 25%.
11:25:04AM HERE YOU'LL NOTICE THAT THE ZERO TO 50% OF THE AREA MEDIAN
11:25:08AM INCOME IS NOT LISTED AND MAJORITY OF THE TIMES WHAT HAPPENS
11:25:11AM IS THEY DON'T QUALIFY FOR THAT PRIMARY MORTGAGE WHICH THEN
11:25:15AM DOES NOT ALLOW THEM TO ACCESS OUR PROGRAM.
11:25:17AM HOWEVER, WE REALIZE THAT THERE'S STILL A NEED FOR THAT
11:25:21AM POPULATION WHO IS ZERO TO 50%.
11:25:23AM YOU'LL SEE WE HAVE OUR LAST BULLET WHERE WE'RE TRYING TO
11:25:26AM REDUCE THE AVERAGE HOUSING IN TRANSPORTATION COSTS IN TAMPA
11:25:30AM BELOW 50% WHILE MAKING SURE NO SPECIFIC DISTRICT IS OVER 55%
11:25:35AM OF AVERAGE HOUSING AND TRANSPORTATION COSTS.
11:25:38AM >>ALAN CLENDENIN: COUNCILWOMAN HURTAK.

11:25:39AM >>LYNN HURTAK: I HAD A QUICK QUESTION.
11:25:41AM IF YOU COULD GIVE US THE NUMBERS FOR THE CURRENT AREA MEDIAN
11:25:47AM INCOME.
11:25:47AM I BELIEVE THAT'S GONE UP.
11:25:51AM >>KAYON HENDERSON: YES.
11:25:52AM THAT HAS GONE UP.
11:25:53AM I HAVE THAT ON A FUTURE SLIDE.
11:25:56AM SO I WILL ADDRESS THAT.
11:25:58AM >>LYNN HURTAK: I BELIEVE 71,520.
11:26:01AM >>KAYON HENDERSON: FOR 80% AREA MEDIAN INCOME.
11:26:05AM >>LYNN HURTAK: FOR 100%, 71,520.
11:26:09AM YEAH.
11:26:11AM >>BILL CARLSON: THIS IS THE SLIDE I WAS REFERRING TO EARLIER
11:26:14AM BECAUSE I STEPPED OUT, I DIDN'T SEE THAT THE SLIDE WASN'T
11:26:17AM THERE BUT ALIS REFERRED TO SOME OF THE INFORMATION.
11:26:20AM I HOPE THAT WE CAN AS A COUNCIL GO BACK AND DISCUSS THIS AND
11:26:23AM DEBATE IT AND COME UP WITH OUR OWN GOALS.
11:26:26AM JUST FOR THE PUBLIC'S PURPOSE, THE FIRST ONE CREATE OR
11:26:29AM PRESERVE, I THINK IT WAS ORIGINALLY CREATE BUT NOW CREATE OR
11:26:32AM PRESERVE 10,000 UNITS.
11:26:33AM THAT WAS THE MAYOR'S GOAL.
11:26:35AM SHOULD SAY MAYOR'S GOAL, UNLESS THE CITY COUNCIL WANTS TO
11:26:38AM VOTE IN FAVOR OF THAT.
11:26:39AM IT IS AN ARBITRARY GOAL.
11:26:40AM TAMPA BAY TIMES HAS DONE A STORY ABOUT IT THAT HAS DEBUNKED

11:26:45AM IT AS A VALID GOAL.
11:26:47AM I THINK WE NEED TO LOOK AT SOME OTHER MEASURES WE CAN USE.
11:26:50AM THERE ARE SOME SPECIFIC MEASURES.
11:26:52AM I THINK NUMBER TWO, THE DOLLAR AMOUNT THAT WE SPEND IS
11:26:56AM SIGNIFICANT, BUT THAT'S NOT A GOAL.
11:26:57AM THAT IS A TOOL TO GET TO THE GOAL.
11:27:00AM NUMBER THREE, PER MY PRESENTATION, ABSOLUTELY AGREE WITH
11:27:04AM THESE TWO.
11:27:04AM WHAT WE NEED TO DO IS PUT IN THE NUMBERS.
11:27:07AM AS I REMEMBER IT, THE AFRICAN AMERICAN HOME OWNERSHIP RATE
11:27:13AM IS 39%.
11:27:15AM SO IF WE'RE SAYING WE WANT IT TO GO UP TO 60% OR IF YOU WANT
11:27:18AM TO PUT THE NUMBERS IN, THEN THAT IS A SPECIFIC GOAL.
11:27:22AM I DON'T THINK WE CAN MAKE IT TO 60% IN THE NEXT THREE YEARS,
11:27:28AM BUT WE NEED TO PUT GOALS THAT ARE REACHABLE.
11:27:31AM AND IF WE'RE TALKING ABOUT OTHER RACIAL GROUPS, WE NEED TO
11:27:35AM TALK ABOUT THAT AS WELL.
11:27:36AM LOW INCOME, THE SAME THING.
11:27:38AM WE NEED TO PUT THE SPECIFIC NUMBERS IN.
11:27:39AM BUT I THINK THESE ARE LEGITIMATE GOALS THAT WE NEED TO PUT
11:27:42AM IN, NEED TO WORK ON THEM, NEED TO FIGURE OUT WHAT IS
11:27:45AM REALISTIC AND WE NEED TO MAKE SURE WE DEFINE EXACTLY WHAT WE
11:27:47AM NEED AND WHAT EXACTLY THE NUMBERS ARE BECAUSE WE DON'T WANT
11:27:51AM A YEAR OR TWO FROM NOW A STORY THAT SAYS WE FUDGED THE
11:27:55AM NUMBERS TO CHANGE THE DEFINITIONS.

11:27:56AM LAST ONE, CITY COUNCIL DOES NOT REALLY HAVE CONTROL OVER
11:28:00AM TRANSPORTATION.
11:28:00AM THERE MAY BE SOME SMALL PIECE OF IT IN THE FUTURE BASED ON
11:28:03AM WHAT COUNCIL MEMBER VIERA SAID, BUT REALLY WHAT WE NEED TO
11:28:06AM DO IS DRILL THIS DOWN INTO, IF YOU'RE TALKING ABOUT THE
11:28:11AM HOUSING PORTION OF THE HOUSING AND TRANSPORTATION COSTS,
11:28:14AM THEN WHAT WE SHOULD DO IS SAY WHAT IS THE HOUSING BURDEN AND
11:28:18AM THEN WHAT IS THE EXACT NUMBER THAT WE'RE TRYING TO GET.
11:28:21AM TALKING ABOUT HOUSING AND TRANSPORTATION, THAT WOULD INCLUDE
11:28:23AM PROBABLY REDUCING THE HOUSING COST, BUT ALSO SETTING UP
11:28:28AM PREFERENTIAL STRATEGIES TO PUT HOUSING NEAR TRANSPORTATION
11:28:31AM HUBS OR NEAR PLACES WHERE PEOPLE WORK.
11:28:34AM I JUST THINK WE NEED TO DRILL DOWN MORE, NOT INTO THE
11:28:39AM SUBCOMPONENTS, BUT WE NEED TO BE MORE SPECIFIC AND DEFINE
11:28:43AM WHAT WE'RE GOING TO DO.
11:28:44AM I THINK THERE ARE ALSO OTHER GOALS WE CAN ADD WHICH WE CAN
11:28:47AM TALK ABOUT LATER.
11:28:48AM THANK YOU.
11:28:48AM >>GUIDO MANISCALCO: COUNCIL MEMBER CLENDENIN.
11:28:49AM >>ALAN CLENDENIN: DOUBLING DOWN A LITTLE BIT ON COUNCILMAN
11:28:52AM CARLSON'S POINT AND THIS MAY BE PREMATURE IN THE
11:28:57AM CONVERSATION BUT THE SLIDE TRIGGERS IT BECAUSE IT HAS THE
11:29:00AM GOALS ON THE TOP OF IT.
11:29:02AM MAYBE THIS IS JUST ME, BUT MY OBSERVATION SINCE I'VE BEEN ON
11:29:07AM COUNCIL SINCE MAY, RELATIVELY NEW, I'M STILL VERY

11:29:11AM UNCOMFORTABLE IN THIS BUDGETARY PROCESS OF SAYING WE'RE
11:29:14AM GOING TO SPEND X AMOUNT OF MONEY.
11:29:17AM WE'RE GOING TO SPEND X PERCENTAGE OF MONEY ON SOMETHING AS
11:29:21AM OPPOSED TO BEING PRESENTED WITH VERY SPECIFIC PROJECTS THAT
11:29:25AM HAVE GOALS WITH THAT PROJECT, WHAT IT ACCOMPLISHES AND HOW
11:29:28AM MUCH THAT PROJECT COSTS AND HOW MANY PEOPLE WE'RE SERVING
11:29:32AM FOR THE PROJECT AND WHAT THE IMPACT ON THE COMMUNITY, WHAT
11:29:34AM THE IMPACT ON THE CITY IS FOR THAT SPECIFIC PROJECT.
11:29:38AM IT SEEMS TO ME, I KNOW IT'S ANECDOTAL WHEN WE TALK ABOUT
11:29:42AM GOVERNMENT SPENDING MONEY.
11:29:43AM THROW ENOUGH MONEY AT IT, THROW MONEY AT A PROJECT YOU'LL
11:29:45AM SPEND IT.
11:29:47AM I'M JUST SO MUCH MORE COMFORTABLE WITH THAT CONCEPT OF SHOW
11:29:50AM ME A SPECIFIC PROJECT, SHOW ME HOW MANY PEOPLE THAT PROJECT
11:29:53AM IS GOING TO SERVE.
11:29:54AM SHOW ME HOW MANY BUTTS WE HAVE IN BEDS OR HOW MANY HOUSES
11:29:59AM WE'RE RENOVATING, WHAT THAT'S DOING AND HOW MUCH IT WILL
11:30:03AM COST AND THEN FIGURE OUT AS A COUNCIL A WAY TO PAY FOR THAT.
11:30:08AM AGAIN, THIS IS MY UNCOMFORTABLENESS WITH A LOT OF 30% OF
11:30:12AM THIS, YOU KNOW, 20 MILLION HERE, 17 MILLION HERE, 40 MILLION
11:30:17AM OR 50 MILLION OR HUNDRED MILLION.
11:30:19AM WHAT DOES THAT REALLY MEAN?
11:30:21AM HOW DOES THAT TRANSLATE TO VERY SPECIFIC PROJECT.
11:30:23AM GIVE ME THE OPPORTUNITY TO WEIGH THE BENEFITS FOR THE
11:30:25AM COMMUNITY ON THAT SPECIFIC PROJECT.

11:30:27AM THE NEXT QUESTION, GOES BACK A LITTLE BIT TO I THINK MAYBE
11:30:31AM IT WAS MR. BENSON HAD DISCUSSED.
11:30:34AM IT GOES FURTHER BACK TO PUBLIC COMMENT.
11:30:37AM DO WE HAVE A VACANCY ASSESSMENT IN THE CITY OF TAMPA?
11:30:42AM DO WE HAVE A STUDY OF HOW MANY VACANT APARTMENTS OR VACANT
11:30:46AM UNITS CURRENTLY EXIST?
11:30:48AM WHAT I'M CURIOUS, I KEEP HEARING ANECDOTALLY THAT WE HAVE
11:30:52AM THESE VACANCIES.
11:30:54AM IS THIS GOING TO LEAD TO A MARKET ADJUSTMENT?
11:30:58AM >>STEPHEN BENSON: VACANCY RATES ARE CONSTANTLY CHANGING.
11:31:01AM THEY CHANGED SIGNIFICANTLY EVEN FROM THE POINT IN TIME THAT
11:31:03AM WE BEGAN THE HOUSING NEEDS ASSESSMENT.
11:31:04AM I HAVE A DATA POINT -- I HAVE DATA THAT CAN BE LOOKED AT,
11:31:10AM BUT IT WOULD BE BASED ON THAT MOMENT IN TIME.
11:31:12AM A LOT OF THE COMMENTS THAT WE'VE HEARD HAVE BEEN LITERALLY
11:31:15AM LIKE AS OF TODAY, A VACANCY RATE IS THIS.
11:31:19AM I'M NOT SAYING THAT'S INCORRECT, BUT I WOULD NEED TO GO BACK
11:31:22AM AND PULL THAT SEPARATELY, NOT FROM THE DATA WE ALREADY HAVE
11:31:26AM THAT I PREPARED FOR YOU TODAY.
11:31:28AM >>ALAN CLENDENIN: I HAVE TO THINK THERE ARE ENTITIES THAT DO
11:31:32AM THESE STUDIES REGULARLY.
11:31:35AM >>STEPHEN BENSON: THERE ARE.
11:31:37AM THERE ARE.
11:31:38AM SOME OF THEM ARE -- IT'S INFORMATION THAT IS REGULARLY
11:31:40AM REPORTED.

11:31:41AM IT'S NOT INCLUSIVE OF EVERY SINGLE UNIT IN THE CITY.
11:31:46AM IT MIGHT BE AN ESTIMATE.
11:31:47AM THERE ARE COMPANIES THAT ACTUALLY WILL CALL INDIVIDUAL
11:31:49AM BUILDINGS AND BASICALLY PRODUCE PROPRIETARY DATA BASED ON
11:31:53AM THEIR OWN METHODS.
11:31:54AM THOSE ARE THE SOURCES THAT WE WOULD BE LOOKING AT MOVING
11:31:56AM FORWARD BEING ABLE TO USE TO HELP GUIDE EVERY STEP OF THE
11:31:59AM WAY WE WOULD WANT TO USE THAT MONEY AND INFORM IT LIKE WE'RE
11:32:03AM DOING RIGHT NOW BASED ON THE DATA COLLECTED OVER THE LAST
11:32:06AM FEW YEARS.
11:32:07AM >>ALAN CLENDENIN: WHAT IS YOUR DATE, YOUR POINT IN TIME THAT
11:32:12AM YOU DID THIS AND DO YOU HAVE THE DATA?
11:32:13AM SORRY TO SURPRISE YOU ON THAT.
11:32:19AM >> WHILE HE SEARCHES FOR HIS INFORMATION, I DON'T WANT US TO
11:32:21AM GET SIDETRACKED TOO MUCH ON THIS VACANCY PIECE BECAUSE --
11:32:27AM YOU PROBABLY HAVE SEEN AN ARTICLE RECENTLY WHERE THE RENTAL
11:32:30AM RATES, THEY HAVE STABILIZED SOMEWHAT AND THEY HAVE DECREASED
11:32:33AM 3%.
11:32:34AM WHEN THE AVERAGE RENT IS $2,000, THAT 3% DECREASE IS ONLY
11:32:38AM $60.
11:32:38AM IT'S NOT REALLY SIGNIFICANT WHEN YOU THINK ABOUT BUDGET.
11:32:41AM ON TOP OF THAT, THE INFLATION THAT PEOPLE HAVE EXPERIENCED
11:32:44AM OVER THE LAST FEW YEARS RELATIVE TO THEIR OTHER EXPENSES.
11:32:47AM THE MARKET CORRECTION THAT WE MAY BE WAITING FOR IS NOT
11:32:50AM GOING TO PREVENT US FROM STILL NEEDING TO SUPPORT THE

11:32:52AM CREATION AND PRESERVATION OF UNITS.
11:32:54AM I'LL LET DIRECTOR BENSON FINISH --
11:32:57AM >>ALAN CLENDENIN: I MAY DIFFER ON THAT ASSESSMENT.
11:32:59AM SOMEBODY WHO HAS WITNESSED HOUSING BUBBLES IN THE PAST,
11:33:02AM COLLAPSE OF HOUSING BUBBLES, SEEN SIGNIFICANT ADJUSTMENTS IN
11:33:05AM THE PAST.
11:33:06AM I DON'T KNOW.
11:33:07AM I GET THE FACT THAT STATISTICS ARE ALWAYS A REARVIEW MIRROR.
11:33:12AM A REAL STATISTIC ISN'T FORWARD THINKING.
11:33:15AM WE HAVE TO LOOK FOR THAT.
11:33:16AM THANK YOU.
11:33:16AM >>GUIDO MANISCALCO: MR. BENSON.
11:33:17AM >>STEPHEN BENSON: AS OF 2021, THIS IS DATA REPORTED FROM THE
11:33:20AM FLORIDA HOUSING DATA CLEARINGHOUSE WHICH GIVE US THE SAME
11:33:24AM BENCHMARK ACROSS MULTIPLE JURISDICTIONS, THAT'S WHY WE'RE
11:33:27AM STILL USING THAT, ABOUT 9.7%, 2021, 9.7.
11:33:34AM >>GUIDO MANISCALCO: COUNCILWOMAN HENDERSON AND COUNCILMAN
11:33:36AM MIRANDA.
11:33:37AM >>GWEN HENDERSON: MS. HENDERSON, GOOD MORNING.
11:33:39AM HOW DID YOU ALL GET TO THESE QUANTITATIVE TARGETS?
11:33:42AM WHAT MADE YOU DECIDE ON PRESERVING OR CREATING 10,000 UNITS
11:33:49AM BY 2027?
11:33:51AM >>KAYON HENDERSON: THAT WAS THE MAYOR'S GOAL THAT SHE RAN ON
11:33:54AM TO CREATE AND PRESERVE THE 10,000 UNITS BY 2027.
11:33:57AM THE REST OF THOSE GOALS THAT YOU'LL SEE THERE ARE FROM THE

11:34:00AM HOUSING NEEDS ASSESSMENT.
11:34:01AM AS WE LOOKED AT THE HOUSING NEEDS ASSESSMENT.
11:34:04AM SO ONE OF THE THINGS I DID WANT TO TOUCH ON IS THAT WHILE
11:34:07AM THE FIRST GOAL IS BY 2027, THE REST OF THOSE GOALS ARE
11:34:12AM BEYOND.
11:34:12AM IT'S A LONG-TERM GOAL THAT WE WANT TO MAKE SURE THAT WE GET
11:34:15AM TO.
11:34:18AM >>GWEN HENDERSON: THANK YOU.
11:34:18AM SO YOU'RE SUPPORTING THE MAYOR'S GOAL WITH THAT PARTICULAR
11:34:22AM BULLET POINT.
11:34:22AM >>KAYON HENDERSON: WE HIGHLIGHTED IT HERE FOR SCALE.
11:34:25AM ON THE NEXT ONE YOU'LL SEE EXACTLY WHY JUST TO SHOW IF WE
11:34:30AM GET TO 10,000, WHAT IT WOULD TAKE TO GET TO 10,000 AND
11:34:33AM BEYOND 10,000.
11:34:36AM >>CHARLIE MIRANDA: THANK YOU, MR. CHAIRMAN.
11:34:37AM I THINK THE MAYOR'S GOAL AND OUR GOAL IS REALLY COMPROMISING
11:34:41AM ON THE SAME RAILROAD LINE.
11:34:43AM GETTING SOMEWHERE.
11:34:46AM WHETHER 10,000 OR 9,000, WHATEVER IT IS.
11:34:49AM WE HAVE TO UNDERSTAND BEFORE YOU DO ALL THAT ARE WE GOING TO
11:34:52AM TEAR DOWN UNITS, REBUILD UNITS?
11:34:54AM FIX HOUSES MORE OFTEN THAN NOT?
11:34:56AM OR DO WE HAVE ENOUGH LAND TO BUILD IT WITHOUT DOING ANYTHING
11:34:59AM AND BUILDING 10,000 UNITS?
11:35:02AM I THINK THAT BUILDING THE LAND IS MORE EXPENSIVE OR FINDING

11:35:06AM THE LAND TO BUILD THE UNITS WILL BE HARDER THAN BUILDING THE
11:35:09AM UNITS.
11:35:09AM WHAT I'M SAYING IS, ARE WE PREPARED THROUGH OUR REAL ESTATE
11:35:12AM DEPARTMENT TO FIND THE LAND AVAILABLE TO BUILD THE UNITS,
11:35:18AM WHERE WE'RE COMPETING WITH PRIVATE ENTERPRISE OR COUNTING
11:35:22AM PRIVATE ENTERPRISE NUMBERS IN OUR NUMBERS?
11:35:23AM I'M NOT SURE ABOUT ALL THAT.
11:35:25AM THESE ARE THE THINGS IN MY MIND, COUNCIL MEMBER CLENDENIN
11:35:29AM JUST MENTIONED, I'M ALL FOR THIS, BUT I THINK WE -- BEFORE
11:35:36AM WE PUT THAT HORSE IN FRONT OF THE CART, WE HAVE TO FIND OUT
11:35:39AM WHERE THE HORSE IS GOING.
11:35:40AM IN OTHER WORDS, DO WE HAVE THE ABILITY TO FIND THE LAND TO
11:35:44AM PUT WHAT WE NEED TO PUT IF WE HAVE THE MONEY TO DO IT TO DO
11:35:48AM IT.
11:35:48AM I DON'T WANT TO FOOL THE PUBLIC IN ANY WAY.
11:35:51AM I'M SURE NEITHER DO ANY COUNCIL MEMBER OR THE MAYOR OR YOU
11:35:53AM OR ANYONE IN THE DEPARTMENT.
11:35:55AM BUT I THINK WE HAVE TO HAVE A MUCH MORE PRESENTABLE, NOT
11:35:59AM CRITICIZE.
11:36:00AM I REALLY LIKE WHAT YOU ALL HAVE DONE.
11:36:02AM THE SECOND PART OF THIS IS WHERE ARE WE GOING TO FIND THE
11:36:05AM LAND AND HOW WILL WE DO IT AND WHAT ARE WE TEARING DOWN TO
11:36:08AM REBUILD ON?
11:36:10AM WE'RE COMPETING NOT ONLY WITH THE TIME THAT WE NEED TO GET
11:36:13AM THESE THINGS DOWN, BUT ALSO COMPETITION WITH ALL THE

11:36:16AM BUILDERS.
11:36:16AM SO WE HAVE TWO ANIMALS THAT WE HAVE TO LOOK AT.
11:36:19AM OUR GOAL AND HOW DO WE COMPETE AND WHERE DO WE BUY THE LAND
11:36:23AM AND HOW DO WE GET IT GOING.
11:36:24AM ARE WE CHANGING THE ZONING LAWS SO WE CAN DO THINGS QUICKER?
11:36:33AM >>ABBYE FEELEY: GOOD MORNING, COUNCIL.
11:36:34AM ABBYE FEELEY.
11:36:34AM IT'S A COMBINATION, RIGHT?
11:36:37AM IT'S A COMBINATION.
11:36:38AM WE CAN'T SOLVE THIS ISSUE ALONE, AND WE'RE NOT -- WE ARE NOT
11:36:42AM PROPOSING THAT WE DO.
11:36:44AM IT'S A COMBINATION.
11:36:45AM THAT'S WHERE IN THE PAST WE'VE COME TO YOU WITH RESTRICTED
11:36:49AM FUNDS THAT WOULDN'T ALLOW US TO ENGAGE IN THINGS LIKE THE
11:36:52AM BUDGET END OR OTHER OPPORTUNITIES.
11:36:55AM THAT'S WHY PARTIALLY WE NEED TO KNOW HOW MUCH WE HAVE IN THE
11:36:58AM BUCKET NOW SO THAT WE CAN START.
11:37:00AM WE CAN'T MAKE DEALS HAPPEN IF WE DON'T KNOW WHAT'S THERE TO
11:37:05AM FUND THEM.
11:37:05AM WE MUST KNOW SO THAT WHEN WE'RE APPROACHING EITHER AS AN
11:37:09AM ACQUISITION FOR OURSELVES AS A CITY OR IN PARTNERSHIP WITH A
11:37:14AM DEVELOPER THAT THERE ARE X AMOUNT OF FUNDS THAT COULD
11:37:18AM SUPPORT THAT DEAL.
11:37:18AM THOSE DEALS ALWAYS THEN END UP BACK IN FRONT OF YOU.
11:37:22AM BUT IF WE HAVE TO WAIT TO COME BEFORE YOU TO KNOW WHAT THE

11:37:27AM DEAL IS, LIKELY WE'RE MISSING OUT ON THAT DEAL.
11:37:30AM AND THAT'S BEEN PART OF OUR PROBLEM FROM THE BEGINNING IN
11:37:33AM HOW WE'VE BEEN ADDRESSING THIS IS THAT OUR BUCKET HAS BEEN
11:37:36AM SO SMALL BECAUSE IT HAS BEEN STATE AND FEDERAL FUNDING THAT
11:37:41AM HAD VERY LARGE RESTRICTIONS ON IT AND WE'VE HAD THESE
11:37:44AM DISCUSSIONS, BUT NOW THROUGH THE BUDGET PROCESS WE'VE OPENED
11:37:48AM UP A NEW BUCKET THAT GIVES US OPPORTUNITIES THAT WE DID NOT
11:37:53AM HAVE BEFORE.
11:37:54AM WE DO NEED TO KNOW, SOME OF IT IS GOING TO BE TEAR DOWN AND
11:37:57AM REBUILD.
11:37:58AM ROBLES PARK IS GOING TO GO AWAY.
11:38:00AM THERE IS AN OPPORTUNITY THERE.
11:38:01AM THERE'S ONLY 400 AND SOME UNITS THERE.
11:38:03AM WE ARE WORKING NOW TO COME BACK WITH 1100 UNITS THERE.
11:38:06AM IT IS PREDOMINANTLY REDEVELOPMENT OPPORTUNITIES FOR US AS A
11:38:12AM CITY BECAUSE WE ONLY HAVE 4% VACANT LAND.
11:38:14AM WE'RE NOT LIKE THE COUNTY THAT HAS LARGER GREEN AREAS WHERE
11:38:18AM WE CAN SAY THIS IS WHERE THIS IS GOING TO GO AND THAT'S
11:38:21AM WHERE THIS IS GOING TO GO.
11:38:22AM BUT WE'RE POSITIONING OURSELVES IN A MORE STRATEGIC POSITION
11:38:25AM FOR WHEN THOSE OPPORTUNITIES OF REDEVELOPMENT COME ABOUT, WE
11:38:28AM ARE AT THE TABLE TO BE ABLE TO PARTICIPATE IN THAT AND MAKE
11:38:32AM THOSE LARGER ACQUISITIONS FOR THE CITY THAT WERE NOT
11:38:36AM AVAILABLE TO US FOR THE PAST COUPLE OF YEARS.
11:38:38AM >>CHARLIE MIRANDA: THANK YOU FOR THAT EXPLANATION.

11:38:41AM I DON'T EVEN KNOW IF WE EVER MADE A CONTRACT TO BUY
11:38:45AM SOMETHING, ABEYANCE.
11:38:47AM WE DON'T KNOW.
11:38:47AM >>ABBYE FEELEY: THAT IS ANOTHER CHALLENGE, WHEN WE HAVE TO
11:38:51AM MAKE CERTAIN THINGS PUBLIC, WE ARE AT THE TABLE WITH EVERY
11:38:55AM OTHER DEVELOPER.
11:38:56AM WE'RE JUST LIKE ANYBODY ELSE.
11:38:58AM BY BEING ABLE TO HAVE THOSE FUNDS THAT WE KNOW ARE IN THE
11:39:02AM PIPELINE TO SUPPORT OUR EFFORTS PUTS US IN A FAR DIFFERENT
11:39:05AM POSITION THAN IF WE WERE TO HAVE TO COME AND SAY, OH, WE SEE
11:39:08AM THIS DEAL, OH, THIS WOULD BE GREAT, IT BECOMES PUBLIC AND
11:39:11AM THEN FIVE DEVELOPERS JUST BOUGHT IT FOR DOUBLE WHAT WE WOULD
11:39:15AM HAVE BOUGHT IT BECAUSE WE HAD TO PROCESS IT IN THAT WAY.
11:39:18AM THAT'S BEEN SOMETHING THAT YOU ALL HAVE BEEN SUPPORTIVE OF
11:39:21AM US BEING ABLE TO DO.
11:39:22AM THE BUDGET CHANGES SUPPORTED THAT AS WELL.
11:39:26AM >>CHARLIE MIRANDA: VERY, VERY PROUD OF WHAT YOU SAID BECAUSE
11:39:28AM THAT IS THE REALITY.
11:39:29AM THAT'S WHAT WE'RE FACING, AND IT'S NOT EASY.
11:39:32AM THANK YOU VERY MUCH.
11:39:32AM >>GUIDO MANISCALCO: BEFORE I GO TO COUNCIL MEMBER HURTAK,
11:39:35AM MS. FEELEY, WELL, ANYBODY, YOU MADE A COMMENT ABOUT THE
11:39:39AM COUNTY.
11:39:39AM ARE THESE SAME HOUSING DISCUSSIONS HAPPENING DOWN THE STREET
11:39:42AM AT COUNTY CENTER?

11:39:46AM >>ABBYE FEELEY: I WILL LET MS. HENDERSON SPEAK TO THAT.
11:39:48AM I'M AWARE THAT THEY HAVE CUT A LOT OF THEIR FUNDING AND THEY
11:39:51AM ARE TAKING A DIFFERENT POSITION.
11:39:52AM I KNOW THERE ARE SEVERAL PEOPLE HERE WHO ARE MORE ENGAGED
11:39:55AM WITH THAT, SO I DON'T WANT TO MISSPEAK.
11:39:58AM I BELIEVE THEIR CONVERSATION IS A LITTLE BIT DIFFERENT.
11:40:00AM >>GUIDO MANISCALCO: NO, NO.
11:40:02AM AS YOU MENTIONED, HILLSBOROUGH COUNTY IS VERY BIG.
11:40:04AM THEY HAVE THE LAND AND THERE'S A LOT OF OPPORTUNITY.
11:40:06AM BUT THAT'S HILLSBOROUGH COUNTY.
11:40:07AM WE'RE THE CITY OF TAMPA.
11:40:09AM WE AS A CITY COUNCIL AND WE'RE TALKING ABOUT NUMBERS HERE,
11:40:12AM INCREASING RECURRING CITY RESOURCES FOR HOUSING TO 25
11:40:15AM MILLION ANNUALLY BY 2027.
11:40:17AM WE AS A CITY COUNCIL WHEN WE LOOK AT THE BUDGET AND WE'VE
11:40:20AM DONE THIS SINCE COVID, WHEN THIS DISCUSSION REALLY KICKED
11:40:23AM OFF, WE'VE ALLOCATED HISTORICAL AMOUNTS OF MONEY TOWARDS
11:40:27AM HOUSING.
11:40:27AM LIKE YOU SAID, WE NEED THE MONEY IN ORDER TO BE READY WHEN
11:40:31AM THOSE OPPORTUNITIES COME.
11:40:32AM WE'VE BEEN DOING THAT AND I THINK WE'LL CONTINUE TO DO THAT.
11:40:36AM ALSO, WHEN WE LOOK AT THE LAND DEVELOPMENT CODE, WE TALK
11:40:40AM ABOUT ADUs.
11:40:42AM WHAT I WANT TO SEE IS THAT WE GET THE MOST BANG FOR OUR
11:40:46AM BUCK.

11:40:46AM IF IT'S RENTAL ASSISTANCE FOR THOSE WHO NEED IT, WE'VE GOT
11:40:49AM THE MONEY ALLOCATED THERE.
11:40:51AM IF IT'S REHABILITATION, HELPING SOMEBODY FIX UP THEIR HOME
11:40:54AM SO THEY CAN STAY IN IT AND LIVE IN DECENCY AND RESPECTFULLY
11:41:00AM WE CAN DO THAT.
11:41:01AM IF IT'S NEW CONSTRUCTION, YOU MADE A COMMENT.
11:41:03AM ROBLES PARK IS COMING DOWN.
11:41:05AM I DON'T KNOW WHAT WILL HAPPEN THERE, BUT THE OPPORTUNITY FOR
11:41:07AM MORE HOUSING IN THE FUTURE.
11:41:09AM I WANT TO MAKE SURE WE GIVE YOU THE MONEY, WE ALLOCATE, WE
11:41:14AM BUDGET, WE APPROVE THE BUDGET, THAT THAT MONEY GETS SPENT
11:41:18AM WISELY.
11:41:19AM AS WE'VE HEARD IN PUBLIC COMMENT THIS MORNING, A LOT OF
11:41:21AM PEOPLE ARE GETTING AFFECTED IN MANY DIFFERENT WAYS, WHETHER
11:41:25AM RENTAL, WHETHER PERMANENT HOUSING, WHETHER DOWN PAYMENT
11:41:27AM ASSISTANCE, WHATEVER IT IS, I JUST WANT TO MAKE SURE THAT WE
11:41:30AM GET THE MOST BANG FOR OUR BUCK.
11:41:32AM COUNCIL MEMBER HURTAK.
11:41:35AM COUNCIL MEMBER CARLSON.
11:41:35AM >>LYNN HURTAK: FIRST OF ALL, I WANT TO SAY THAT I HOPE FOR
11:41:41AM THE FOLLOWING SECTIONS THAT WE WAIT UNTIL THE Q & A BECAUSE
11:41:44AM OTHERWISE WE'LL BE HERE UNTIL MIDNIGHT.
11:41:46AM FIRST OF ALL, WE ALREADY HAD THAT RULE AND THEN WE STOPPED
11:41:49AM THAT RULE.
11:41:50AM IF WE COULD GO BACK TO THE RULE STARTING WITH THE NEXT

11:41:52AM SECTION, THAT WOULD BE GREAT.
11:41:53AM SECOND, STAFF ARE EXPERTS.
11:41:58AM I'M NOT AN EXPERT IN HOUSING.
11:42:00AM I SPENT SO MUCH TIME LEARNING ABOUT HOUSING, BUT THEY KNOW
11:42:04AM AND I ABSOLUTELY TRUST THAT THEY ARE GOING TO USE OUR
11:42:09AM DOLLARS AS WISELY AS POSSIBLE.
11:42:11AM DOESN'T MEAN WE'RE NOT GOING TO BE LOOKING OVER A LOT OF IT
11:42:13AM BUT WE CANNOT MICROMANAGE HOUSING.
11:42:16AM THAT'S NOT POSSIBLE.
11:42:17AM I ACTUALLY LIKE MS. POYNOR'S EARLIER OBSERVATION OF CALLING
11:42:20AM IT A BUFFET.
11:42:22AM BECAUSE EACH OF US HAS A DIFFERENT PRIORITY UP HERE.
11:42:24AM I THINK THAT THIS PRESENTATION HAS TALKED ABOUT THAT
11:42:28AM PRIORITY, BUT WE HAVE TO HAVE EVERY SINGLE PART OF THE
11:42:31AM BUFFET.
11:42:32AM I DON'T LIKE COTTAGE CHEESE ON A SALAD BUFFET BUT SOMEBODY
11:42:36AM HERE DOES.
11:42:37AM IF WE TOOK THAT OUT -- SOMEBODY OBVIOUSLY LIKES IT BECAUSE
11:42:40AM IT'S ON EVERY BUFFET.
11:42:42AM YOU NOTICE THAT?
11:42:44AM SOMEBODY LOVES THAT.
11:42:45AM IT'S NOT ME, BUT IT'S SOMEBODY.
11:42:47AM THAT'S THE THING THAT WE NEED TO THINK ABOUT.
11:42:51AM EVERY ISSUE, BUT IF WE DON'T INCREASE OUR BUDGET, IF WE
11:42:55AM DON'T HAVE A STANDARD BUDGET, THEY CANNOT PLAN.

11:42:58AM WE CANNOT PUT OUT RFPs FOR THINGS.
11:43:03AM WE CAN'T SAY, HEY, GIVE US YOUR GREAT IDEAS BECAUSE WE HAVE
11:43:05AM MONEY TO PUT TOWARDS SOMETHING.
11:43:08AM WE'RE NOT GOING TO HAVE DEVELOPERS COME UP WITH IDEAS AND
11:43:11AM SPEND A YEAR ON IT IF THEY KNOW WE'RE NOT GOING TO HAVE THE
11:43:14AM BACKING.
11:43:15AM THEY AREN'T GOING TO DO THAT.
11:43:18AM WE AREN'T GOING TO GET ANY DEVELOPERS COME TO US.
11:43:20AM DOESN'T HAVE TO BE WE'RE PUTTING MONEY IN.
11:43:23AM IT CAN BE SIMPLY THE BONUS DENSITY, THINGS LIKE THAT THAT
11:43:26AM WE'RE TALKING ABOUT.
11:43:27AM AND IT WILL TAKE FOREVER TO CREATE EVEN 10,000 UNITS IF YOU
11:43:32AM HAVE TO COME IN FRONT OF US BEFORE THE DEAL IS MADE.
11:43:35AM YOU COME TO US GENERALLY WHEN WE'RE 65, 70 PERCENT OF THE
11:43:39AM WAY DONE BECAUSE WE TRUST YOU TO DO YOUR JOBS.
11:43:42AM THEN IF WE DON'T LIKE IT, DIFFERENT STORY.
11:43:45AM YOU TALKED TO US, BUT WE HAVE THE BASICS DOWN.
11:43:49AM WE CANNOT GO BACKWARD.
11:43:52AM I FULLY AND WHOLEHEARTEDLY SUPPORT AN ANNUAL BUDGET SO THAT
11:43:57AM YOU CAN PLAN TO DO YOUR JOBS BECAUSE WE CANNOT -- MOST OF
11:44:01AM THESE DEALS TAKE YEARS.
11:44:03AM UNFORTUNATELY, WE'RE NOT GOING TO GET 10,000 UNITS, EITHER
11:44:07AM PRESERVED OR CREATED BY 2027 JUST BECAUSE OF THE LENGTH OF
11:44:10AM TIME IT TAKES TO DO THINGS.
11:44:11AM I WAS SHOCKED BY THAT PERCENTAGE OF 4% VACANT LAND.

11:44:15AM THAT IS A HUGE STATISTIC THAT WE ALL NEED TO CARRY IN OUR
11:44:20AM HEADS.
11:44:20AM BUT I LOOK FORWARD TO HEARING THE REST OF THE SECTION.
11:44:22AM THANK YOU.
11:44:23AM >>GUIDO MANISCALCO: COUNCIL MEMBER CARLSON AND THEN
11:44:24AM CLENDENIN, AND THEN WE'LL CONTINUE.
11:44:29AM >>BILL CARLSON: TO RESPOND TO WHAT MY COLLEAGUE SAID, WE
11:44:32AM HAVE A WHOLE BUNCH OF HOUSING EXPERTS, AND IT TOOK THREE OR
11:44:35AM FOUR YEARS TO GET THEM IN.
11:44:36AM I'M GLAD WE HAVE THEM NOW.
11:44:38AM UNFORTUNATELY, WE'RE BEHIND EVEN SINCE I'VE BEEN ON COUNCIL
11:44:41AM BECAUSE WE DIDN'T HAVE THE STAFF BUT NOW WE DO HAVE GREAT
11:44:45AM STAFF.
11:44:45AM JUST LIKE ANY ORGANIZATION, YOU TAKE A COMPANY LIKE APPLE,
11:44:48AM THEY HAVE BRILLIANT INNOVATORS AND BRILLIANT ENGINEERS.
11:44:52AM THE ENGINEERS THERE HAVE MORE EXPERIENCE THAN THE BOARD BUT
11:44:56AM ULTIMATELY THE BOARD MAKES DECISIONS ON FOCUS.
11:44:58AM THEY HAVE TO DECIDE DO YOU FOCUS ON THE NEXT iPAD OR THE
11:45:01AM NEXT iPhone OR FOCUS ON THE NEXT VIRTUAL REALITY THING.
11:45:06AM WE HAVE TO LOOK AT ALL THE DATA AND PICK THE DIRECTION THAT
11:45:09AM WE'RE GOING TO GO IN.
11:45:10AM AND THAT IS DRIVEN BY GOAL.
11:45:12AM I AGREE WITH SETTING A RECURRING ANNUAL AMOUNT FOR HOUSING.
11:45:17AM I THINK THAT IS A STRATEGY, NOT A GOAL.
11:45:19AM THAT'S MY POINT.

11:45:20AM ONE OF THE THINGS THAT CONCERNS ME -- I SHOWED THIS IN MY
11:45:23AM SLIDES EARLIER, THE CITY HAS A PREFERENCE FOR BIG DEALS.
11:45:29AM THERE WAS A LOT OF CRITICISM IN THE PAST ABOUT THE DEAL THAT
11:45:33AM WAS DONE WITH DOMAIN HOMES.
11:45:35AM A CRITICISM ABOUT THE TWO DEALS DONE WITH RELATED.
11:45:39AM NOTHING ABOUT -- NOTHING NEGATIVE ABOUT THOSE TWO COMPANIES.
11:45:41AM THEY ARE GREAT COMPANIES.
11:45:42AM BUT THE PUBLIC SAID, AND ESPECIALLY THE NONPROFIT SECTOR
11:45:46AM SAID, WHY AREN'T YOU DOING BUSINESS WITH US WHEN THE FUN-LAN
11:45:50AM DEAL WAS ANNOUNCED, I HAD CALLS FROM NONPROFIT DEVELOPERS
11:45:53AM WHO SAID WE COULD HAVE DEVELOPED TWO OR THREE TIMES AS MANY
11:45:56AM UNITS IF YOU ALL REACHED OUT TO US.
11:45:58AM PART OF MY CONCERN ABOUT THIS IS THE PROCESS WE USED.
11:46:01AM WHAT WE'VE BEEN DOING IS RESPONDING TO DEALS RATHER THAN
11:46:04AM HOLDING RFPs.
11:46:06AM I THINK WE NEED TO SET A FIXED AMOUNT.
11:46:08AM ONE DEAL RECENTLY 375,000 PER UNIT FOR 80% AMI FOR 30 YEARS.
11:46:15AM I TALKED TO AFFORDABLE HOUSING BUILDER YESTERDAY WHO SAID
11:46:19AM THEY COULD BUILD SINGLE-FAMILY HOMES FOR 270,000.
11:46:23AM WHY WOULD WE PAY SOMEBODY $375,000 FOR 30 YEARS OF RENT WHEN
11:46:29AM WE CAN PAY 270,000 AND LET SOMEBODY OWN A HOME.
11:46:33AM WE CAN BUY A HOME AND GIVE IT TO THEM.
11:46:36AM 120,000 EACH, BUY THEM DOWN TO A MORTGAGE OF 150 WHICH IS
11:46:40AM THE 80% AMI.
11:46:42AM AND WHAT WE DO IF WE WORK WITH SMALLER DEVELOPERS, WE GET

11:46:47AM DIVERSITY OF PRODUCT, DIFFERENT KINDS OF PRODUCT, DIFFERENT
11:46:50AM DESIGNS.
11:46:50AM DON'T HAVE A CONCENTRATION OF POVERTY.
11:46:52AM GEOGRAPHIC DIVERSITY, AND WE ARE SUPPORTING OUR COMMUNITY
11:46:56AM AND THE NONPROFITS IN OUR COMMUNITY.
11:46:58AM MY QUESTION IS, IF THE CITY STAFF HAD A CHOICE BETWEEN ONE
11:47:01AM DEVELOPER WITH A THOUSAND UNITS OR 10 NONPROFIT DEVELOPERS
11:47:04AM WHO WOULD BUILD A HUNDRED, WHICH WOULD WE TAKE?
11:47:07AM WOULD WE WORK WITH THE TEN DEVELOPERS OR WORK WITH A HUNDRED
11:47:10AM NONPROFITS TO BUILD TEN EACH OR ARE WE ONLY GOING TO WORK
11:47:14AM WITH PEOPLE THAT CAN BUILD A THOUSAND UNITS?
11:47:16AM THAT'S THE PROBLEM WITH THE GOAL OF --
11:47:19AM >>GUIDO MANISCALCO: COUNCIL MEMBER CLENDENIN AND COUNCIL
11:47:23AM MEMBER HENDERSON.
11:47:26AM >>ALAN CLENDENIN: CLARIFICATION, CLEARLY WE'LL START A
11:47:28AM BUDGETARY PROCESS SHORTLY FOR FISCAL YEAR '25.
11:47:31AM OBVIOUSLY, WE HAVE TO BUDGET AND ALLOCATE FUNDS.
11:47:34AM I WANT TO MAKE SURE THAT THERE'S AN OPEN AND FLUID
11:47:38AM DISCUSSION AMONGST THE POLICY LEADERS IN THE CITY OF TAMPA
11:47:41AM ABOUT THE TYPE OF PROJECTS THAT WE'RE FUNDING.
11:47:44AM I DON'T NECESSARILY KNOW WHAT STAFF, MUCH OF A DISAGREEMENT
11:47:49AM ON THAT, BECAUSE WE DO HAVE TO BUDGET AND HAS TO BE SOME
11:47:52AM PREDICTABILITY WITH THE PERCENTAGES OF THE BUDGET THAT WE'RE
11:47:55AM DEVOTING TO DIFFERENT PRIORITIES AND NEEDS.
11:47:57AM I'M GOING TO SAY SOMETHING PROBABLY CONTROVERSIAL, BUT

11:47:59AM CREATE OR PRESERVE 10,000 UNITS BY 2027, BULLSHIT.
11:48:05AM IT'S NOT HAPPENING.
11:48:07AM THIS IS THREE YEARS.
11:48:08AM IT ISN'T HAPPENING.
11:48:09AM LET'S START SAYING IT.
11:48:11AM LET'S GET REAL.
11:48:12AM WHAT CAN WE ACTUALLY REALLY DO IN THE NEXT THREE YEARS.
11:48:15AM SOMEBODY TELL ME THERE IS A PLAN TO BUILD 10,000 UNITS IN
11:48:19AM THREE YEARS.
11:48:20AM HADN'T DONE IT IN THE LAST THREE YEARS, PROBABLY HAVEN'T
11:48:23AM DONE IT IN THE LAST TEN YEARS.
11:48:25AM LET'S GET REAL ABOUT WHAT THAT MEANS.
11:48:30AM THAT WAS A POLITICAL CAMPAIGN THAT CREATED WHAT IS A POLICY,
11:48:34AM AND WE NEED TO BE HONEST ABOUT THAT.
11:48:36AM IF WE KEEP REPEATING SOMETHING THAT WE CAN'T BE HONEST,
11:48:39AM WE'RE NOT GOING TO BE ABLE TO ACHIEVE, THEN WE'RE LYING TO
11:48:42AM EVERYBODY.
11:48:43AM WE'RE NOT GOING TO CREATE 10,000 UNITS, UNLESS THERE IS A
11:48:47AM POT OF GOLD SOMEWHERE THAT I DON'T KNOW EXISTS WE'RE NOT
11:48:50AM GOING TO BE ABLE TO DO THAT.
11:48:51AM >>GUIDO MANISCALCO: COUNCILWOMAN HENDERSON, YOUR LAST
11:48:53AM COMMENT AND THEN WE'LL CONTINUE WITH THE PRESENTATION.
11:48:55AM >>GWEN HENDERSON: REALLY A FOLLOW-UP FOR COUNCILMAN CARLSON
11:48:57AM BECAUSE I LIKE UNDERSTANDING EVEN WHEN COMMENTS ARE MADE UP
11:49:00AM HERE, WHEN YOU USED THE FUN-LAN EXAMPLE, THAT PARTICULAR LOT

11:49:04AM OR PLOT OF LAND WAS PURCHASED BY A DEVELOPER AND NOT US,
11:49:08AM WHICH WAS A MISSED OPPORTUNITY FOR A COUPLE OF MILLION
11:49:11AM DOLLARS AND THEN THEY TURNED AROUND AND SOLD IT TO I THINK
11:49:15AM THE RICHMOND GROUP WHO GOT IT AND THEN IT CAME TO COUNCIL.
11:49:20AM THOSE TYPE OF HOUSING DEVELOPMENTS ARE OUT OF OUR CONTROL
11:49:22AM WHEN WE DON'T OWN THE LAND, SO WE CAN'T PUT OUT THE RFP.
11:49:26AM WE LOSE THAT OPPORTUNITY IN ACQUISITIONS LIKE THAT.
11:49:29AM I'M REALLY NOT UNDERSTANDING YOUR COMMENT REGARDING THAT
11:49:35AM PARTICULAR EXAMPLE, CONSIDERING THAT IT WAS NEVER IN OUR
11:49:38AM POSSESSION.
11:49:39AM WHEN THEY CAME TO US, THEY CAME TO US WITH AN AFFORDABLE
11:49:42AM HOUSING PLAN AND I REMEMBER COUNCILWOMAN HURTAK SAYING I
11:49:49AM WANT HIGHER DENSITY BECAUSE OF HOUSING WE NEED.
11:49:51AM BUT ALSO A COMMUNITY PIECE TO THAT THAT SAID, NO, WE DON'T
11:49:56AM WANT THOSE HIGH-RISES IN OUR NEIGHBORHOOD.
11:50:02AM IT'S A DIFFICULT GAME TO PLAY.
11:50:04AM THAT WOULD HAVE BEEN AN OPPORTUNITY TO INCREASE HOUSING TO
11:50:07AM GET TO THIS GOAL, BUT I'M TRYING TO UNDERSTAND THAT
11:50:11AM PARTICULAR COMMENT AS IT RELATES TO THAT, ESPECIALLY
11:50:14AM CONSIDERING WE DID NOT BUY THE FUN LAN PROPERTY AND I THINK
11:50:18AM WE HAD AN OPPORTUNITY, THE CRA, THAT WOULD HAVE BEEN A
11:50:21AM WONDERFUL ACQUISITION FOR US BUT WE MISSED THAT OPPORTUNITY.
11:50:24AM >>BILL CARLSON: CAN I RESPOND QUICKLY?
11:50:25AM THE POINT IS WE THINK ABOUT IT THROUGH THE WRONG END,
11:50:29AM BECAUSE OF THE EDIFICE COMPLEX, WE THINK ABOUT DOING DEALS.

11:50:32AM INSTEAD, WE NEED TO FIGURE OUT HOW MUCH ARE WE WILLING --
11:50:35AM FOR EXAMPLE, HOW MUCH ARE WE WILLING -- THE DEVELOPER CAME
11:50:38AM TO US FEW MONTHS AGO SAID 14 MILLION, 375,000 PER AFFORDABLE
11:50:45AM UNIT FOR 30 YEARS, 80% AMI.
11:50:48AM HOW MUCH ARE WE WILLING TO PAY FOR THAT?
11:50:50AM I WOULD SAY, ESPECIALLY IF WE COMPARE IT TO HELPING PEOPLE
11:50:54AM BUY A HOME, SHOULDN'T PAY MORE THAN 150,000 AS A SUBSIDY PER
11:50:58AM UNIT FOR 80% AMI.
11:51:00AM THE THING WE'RE FIGHTING FOR HERE IS HOW MANY PEOPLE ARE WE
11:51:03AM GOING TO SERVE?
11:51:04AM SERVE A LOWER NUMBER OF PEOPLE OR HIGHER?
11:51:06AM LESS WE SPEND, THE MORE PEOPLE WE CAN SERVE.
11:51:08AM IF WE HAVE AN LFP WHERE WE SAID WE'RE -- RFP WHERE WE
11:51:14AM PROVIDE 150,000 -- MAKING UP THE NUMBER, 150,000 PER
11:51:19AM AFFORDABLE UNIT RENT GUARANTEED 80% AMI 30 YEARS, ANYBODY
11:51:23AM WHO WANTS TO GET THAT SUBSIDY COME TO US, WE'LL HAVE A WHOLE
11:51:26AM BUNCH OF INDIVIDUAL NONPROFITS AND FOR PROFITS COMING TO US
11:51:30AM SAYING WE'LL BUILD DUPLEXES, QUADS ALL THROUGHOUT THE CITY
11:51:34AM AND INNOVATE AND CREATE DIFFERENT DESIGNS AND STYLES AND DO
11:51:38AM LOTS OF CONTRACTS LIKE THAT INSTEAD OF WAITING FOR OR
11:51:40AM FOCUSING ON MASSIVE PROJECTS THAT HELP US GET TO 10,000
11:51:44AM FASTER.
11:51:47AM >>LYNN HURTAK: CAN I RESPOND?
11:51:49AM >>GUIDO MANISCALCO: GO AHEAD.
11:51:49AM >>LYNN HURTAK: THANK YOU.

11:51:50AM THE PROBLEM WITH $150,000 IS THEN YOU HAVE TO DIVIDE IT BY
11:51:54AM 30 YEARS.
11:51:56AM YOU'RE NOT JUST BUYING ONE DOOR FOR ONE FAMILY.
11:51:58AM YOU'RE PROVIDING HOUSING FOR 30 YEARS FOR MANY DIFFERENT
11:52:03AM FAMILIES.
11:52:04AM AND WHEN YOU DIVIDE IT BY 30 YEARS, FIRST OF ALL, THEY WILL
11:52:09AM BE TALKING ABOUT THE FACT THAT WE'RE NOT GOING TO DO 30-YEAR
11:52:12AM DEALS ANYMORE.
11:52:13AM WE'RE LOOKING FOR MUCH LONGER DEALS.
11:52:15AM SO THAT HAS TO BE PART OF -- AGAIN, THEY'LL TALK ABOUT IT.
11:52:20AM I WON'T TALK TOO MUCH MORE ABOUT IT.
11:52:22AM THE FACT THAT OUR SECOND INFILL PROGRAM DID INCLUDE AND, IN
11:52:25AM FACT, THEY WENT OUT TO FIND SMALL INDIVIDUAL DEVELOPERS.
11:52:29AM THE THIRD INFILL PROGRAM IS FOCUSED ON BUILDING DENSE
11:52:34AM HOUSING AND OPENED IT UP TO EVERYBODY.
11:52:36AM SO THEY ARE DOING BOTH THE SMALL DEALS AND THE LARGER DEALS,
11:52:39AM BUT I AGREE, WE NEED TO DIVERSIFY THAT A HUNDRED PERCENT.
11:52:43AM WE ALREADY STARTED THAT PROCESS.
11:52:45AM >>GUIDO MANISCALCO: ALL RIGHT.
11:52:46AM YES, MA'AM.
11:52:47AM CONTINUE ON.
11:52:52AM >>KAYON HENDERSON: HERE YOU'LL SEE WHERE WE ARE TALKING
11:52:55AM ABOUT WHAT THE ACHIEVABLE TARGETS ARE TO ADDRESS THE ACTUAL
11:52:59AM NEED.
11:53:00AM ON THE PREVIOUS SLIDE WE HAD 10,000.

11:53:02AM IT WAS FOR SCALE FOR THIS TABLE.
11:53:04AM THIS TABLE REALLY HERE IS SHOWING THE MAYOR'S GOAL FOR
11:53:07AM 10,000.
11:53:08AM WE KNOW THAT IT ISN'T ENOUGH FROM THE HOUSING NEEDS
11:53:11AM ASSESSMENT.
11:53:13AM HERE WE ARE, WE KEPT THE METRIC ON HOW MUCH IT WOULD COST TO
11:53:16AM REALLY GET THERE.
11:53:17AM YOU'LL SEE IT BROKEN DOWN BY EACH INCOME BRACKET WHAT THE
11:53:21AM AVERAGE SUBSIDY PER UNIT IS THAT'S REQUIRED.
11:53:24AM THIS IS REALLY JUST BASED ON DATA THAT WE'VE HAD IN THE
11:53:26AM PAST.
11:53:27AM YOU'LL SEE THERE FROM THE ZERO TO 50 PERCENT AMI WE HAVE
11:53:31AM BROKEN THAT DOWN SAYING THAT WHILE WE KNEW THAT THE ORIGINAL
11:53:35AM SUBTARGET WAS ABOUT 3,000, WE HAVE STATED THAT WE KNOW THAT
11:53:38AM WE NEED REALLY CLOSER TO 6,000 UNITS.
11:53:42AM FOR THE 30% AMI AND BELOW, THERE'S 60 UNITS UNDERWAY IN
11:53:46AM REALIZING THAT WE STILL HAVE A GOAL TO MEET OF 38,069.
11:53:50AM JUST GETTING TO THAT GOAL ALONE WE WOULD NEED ABOUT
11:53:53AM $1.2 BILLION.
11:53:54AM SO WE THEN GO TO THE VERY LOW INCOME, THE LOW INCOME, AND
11:53:58AM WHAT THAT LOOKS LIKE FOR ALSO WORKFORCE HOUSING.
11:54:01AM WHILE WE KNOW THAT 10,000 IS THE GOAL THAT WAS SET, WE KNOW
11:54:06AM THAT IT IS MORE THAN DOUBLE THIS AMOUNT.
11:54:08AM REALLY FOR US TO GET TO WHAT THE HOUSING NEEDS ASSESSMENT
11:54:12AM SAYS THAT WE NEED, WE WOULD NEED CLOSE TO $5 BILLION TO GET

11:54:16AM TO WHAT WE ACTUALLY NEED FOR THE MISSING GAP.
11:54:20AM HERE WE HAVE DURING THE SECOND QUARTER, ADMINISTRATOR TRAVIS
11:54:26AM CAME BEFORE WITH THE QUARTERLY UPDATE AS WELL AS HOUSING
11:54:29AM PRIORITIES.
11:54:29AM THESE WERE UPDATED HOUSING PRIORITIES.
11:54:31AM WE BROUGHT THESE BEFORE I THINK IT WAS MAY OF LAST YEAR, MAY
11:54:36AM 2023.
11:54:37AM THIS REALLY CREATES THE FOUNDATION THAT ALLOWS FOR THE
11:54:40AM FUNDING ALLOCATED TO HAVE A REALLY GREATER TARGET GOAL AS
11:54:44AM THE POPULATION CONTINUES TO GROW.
11:54:46AM DIRECTOR BENSON MENTIONED WHAT THAT POPULATION GROWTH LOOKS
11:54:50AM LIKE.
11:54:51AM WE REALLY EXPECT TO SEE A 20% GROWTH BY 2030.
11:54:55AM THESE ARE THE FIVE PRIORITIES THAT WE REALLY TRIED TO LOOK
11:54:57AM AT AND FOCUS ON.
11:54:59AM WE KNOW THAT WE NEED TO EXPAND TEMPORARY HOUSING.
11:55:02AM THERE ISN'T ENOUGH TEMPORARY HOUSING IN THE CITY OF TAMPA.
11:55:05AM WE REALIZE THAT WE HAVE TO STILL MEET THE EMERGENCY HOUSING
11:55:08AM NEEDS FOR THOSE DISPLACED OR HOMELESS.
11:55:11AM WE ALSO BELIEVE IN PRIORITIZING SENIORS, THOSE WITH
11:55:14AM DISABILITIES AND THE PROTECTED POPULATIONS.
11:55:16AM WE ALSO WANT TO MAKE SURE THAT WE STABILIZE THE RENTERS AND
11:55:20AM HOMEOWNERS IN LOW INCOME AND MAJORITY MINORITY NEIGHBORHOODS
11:55:24AM AND VULNERABLE TO DISPLACEMENT AND GENTRIFICATION.
11:55:26AM WE REALIZE THAT HOME OWNERSHIP ISN'T FOR EVERYBODY BUT WE

11:55:30AM ALSO HAVE TO PROTECT THOSE WHO ARE RENTERS AND HOMEOWNERS.
11:55:33AM 80% OR BELOW REALLY SAFEGUARDING THOSE PROGRAMS TO MAKE SURE
11:55:37AM THAT THEY STILL HAVE SAFE AND QUALITY HOUSING AND LEVERAGING
11:55:40AM CITY RESOURCES TO FILL THE GAP FOR THOSE WHO ARE WORKFORCE
11:55:43AM HOUSING LOOKING TO PURCHASE, BETWEEN THE 80 TO 140% AMI.
11:55:48AM I WILL PAUSE HERE FOR QUESTIONS.
11:55:52AM >>GUIDO MANISCALCO: COUNCILMAN VIERA.
11:55:52AM >>LUIS VIERA: THANK YOU VERY MUCH, MR. CHAIR.
11:55:54AM THANK YOU ALL AGAIN FOR THAT PORTION OF THE PRESENTATION.
11:55:56AM IT WAS REALLY GOOD.
11:55:57AM A COUPLE OF NOTES I WROTE DOWN DURING IT.
11:56:00AM I WANTED TO SPEAK TO SOMETHING COUNCILWOMAN HURTAK SAID THAT
11:56:02AM I AGREE WITH, WHICH IS ON SETTING THOSE FUNDS THERE, IN
11:56:07AM OTHER WORDS, LETTING THE EXPERTS DO WHAT THE EXPERTS ARE
11:56:09AM GOING TO DO.
11:56:10AM IT'S FUNNY.
11:56:12AM WE TALK ABOUT PUBLIC POLICY.
11:56:14AM THERE ARE ISSUES THAT PEOPLE TEND TO GET INVOLVED IN,
11:56:16AM ET CETERA.
11:56:17AM I DON'T CONSIDER MYSELF AN EXPERT ON ANYTHING.
11:56:19AM I'M JUST A GUY WITH A RECKONING AND PASSION AND THAT'S IT,
11:56:23AM RIGHT ON CERTAIN THINGS.
11:56:24AM MY UNDERGRADUATE IS IN U.S. HISTORY.
11:56:27AM I'M AN ATTORNEY FOR 21 YEARS.
11:56:30AM MAYBE I'M AN EXPERT, I DON'T KNOW.

11:56:32AM BUT WE'RE SAILING, AS THE SONG GOES, AGAINST THE WIND OF
11:56:36AM FLORIDA.
11:56:36AM WE'RE IN THE MIDDLE OF A TOP CATEGORY HURRICANE IN FLORIDA,
11:56:39AM AND THIS CITY MUNICIPAL GOVERNMENT THAT SERVES 400,000
11:56:42AM PEOPLE IS TRYING TO DO EVERYTHING THAT WE CAN TO SAIL
11:56:46AM AGAINST THAT WIND OF THAT CATEGORY 5 HURRICANE AND WE NEED
11:56:50AM TO RELY ON EXPERTS, LET EXPERTS DO WHAT THEY ARE GOING TO
11:56:54AM DO, BUT OBVIOUSLY TALK ABOUT THE VISION, TALK ABOUT THE
11:56:57AM JOURNEY WE WANT TO SEE AND HAVE OVERSIGHT.
11:56:59AM I THINK THAT IS A VERY, VERY CAREFUL BALANCE.
11:57:02AM BUT APPROPRIATE THOSE FUNDS.
11:57:05AM SOMETHING WAS TALKED ABOUT WITH REGARDS TO AT-RISK
11:57:08AM INDIVIDUALS, TALKING ABOUT SENIORS, THOSE WITH DISABILITIES,
11:57:11AM ET CETERA.
11:57:11AM THERE IS A THOUGHT THAT A RISING TIDE IS GOING TO LIFT ALL
11:57:15AM BOATS.
11:57:16AM IF WE APPROPRIATE A LOT OF MONEY FOR HOUSING, THEN IT'S
11:57:18AM GOING TO BENEFIT EVERYBODY.
11:57:19AM BUT THESE ARE POPULATIONS FOR WHOM SPECIAL CARE AND
11:57:24AM INTERVENTION IS REQUIRED.
11:57:25AM I STRONGLY DO SUPPORT TARGETED EFFORTS TO DEAL WITH OUR
11:57:30AM SENIORS, TO DEAL WITH THOSE WITH DISABILITIES, WHETHER THEY
11:57:32AM ARE PHYSICAL DISABILITIES, INTELLECTUAL DISABILITIES,
11:57:36AM TALKING ABOUT INDEPENDENT LIVING, LIKE KAREN CLAY TALKED
11:57:40AM ABOUT, FOR PEOPLE WITH DISABILITIES.

11:57:42AM THE JOURNEY THAT A PERSON WITH AN INTELLECTUAL DISABILITY
11:57:44AM BEING RAISED BY A FAMILY TAKES TO HAVE INDEPENDENT LIVING,
11:57:48AM WHETHER A GROUP HOME, APARTMENT, ET CETERA.
11:57:51AM IT'S A VERY EMOTIONAL ONE AND IMPOSSIBLE ONE.
11:57:53AM I TALK TO FAMILIES THAT DO RELATIVE WELL.
11:57:56AM THEY ARE MIDDLE CLASS AND THEY CAN'T AFFORD AN APARTMENT OF
11:58:01AM INDEPENDENT LIVING FOR THEIR SON OR DAUGHTER WITH AN
11:58:03AM INTELLECTUAL DISABILITY.
11:58:04AM THAT RISING TIDE IS NOT GOING TO LIFT THOSE BOATS.
11:58:07AM IF WE DEDICATE A LOT OF MONEY, IT'S NOT GOING TO TOUCH THAT
11:58:11AM POPULATION AND THERE ARE A LOT OF OTHER POPULATIONS WE COULD
11:58:14AM BE TALKING ABOUT RETURNING CITIZENS WHO JUST, THOSE WHO JUST
11:58:17AM WANT TO WORK HARD AND PUT FOOD ON THE TABLE FOR FAMILIES.
11:58:21AM AGAIN, VERY UNIQUE CIRCUMSTANCES.
11:58:23AM WE TALK A LOT ABOUT RENTING VERSUS HOME OWNERSHIP.
11:58:26AM WE'RE IN THE MIDDLE OF A CRISIS.
11:58:27AM FOR SOME PEOPLE, IF THEY ARE DROWNING, YOU GET THEM A BOAT.
11:58:30AM OTHER PEOPLE YOU GET THEM A LIFE JACKET, RIGHT?
11:58:33AM WE SHOULD HAVE ROBUST ATTENTION AND BUDGETARY RESOURCES
11:58:39AM GIVEN TO BOTH OF THEM.
11:58:40AM WE'RE IN THE MIDDLE OF A CRISIS.
11:58:42AM I THINK THE BIGGEST THING THAT WE HAVE TO DO IS CONTINUE TO
11:58:45AM GO WITH A ROBUST INVESTMENT.
11:58:48AM I THINK ABOUT -- I'LL BUTCHER THIS QUOTE FROM FRANKLIN
11:58:51AM ROOSEVELT -- THAT SAID, BETTER GOVERNMENT -- ESSENTIALLY --

11:58:56AM I'LL BUTCHER THIS -- BETTER A GOVERNMENT THAT DOES WHAT IT
11:58:59AM CAN THAT HELPS PEOPLE WITH OCCASIONAL MISTAKES THAN A
11:59:03AM GOVERNMENT STUCK IN ITS ICE COLD INDIFFERENCE.
11:59:07AM THE CITY OF TAMPA IS NOT STUCK IN ITS ICE COLD INDIFFERENCE.
11:59:11AM I THINK WE'LL CONTINUE TO GO OUT THERE AND MAKE INVESTMENTS
11:59:13AM TO HELP PEOPLE.
11:59:15AM SOME OF WHICH WILL BE NEW AND INNOVATIVE AND EXPERIMENTS.
11:59:18AM SOME TRIED AND TRUE.
11:59:20AM WE'LL MAKE MISTAKES.
11:59:21AM I THINK THE REAL PROPER THING TO DO IS CONTINUE FORWARD WITH
11:59:24AM THAT VISION, PARTICULARLY WITH, AGAIN, ATTENTION GIVEN TO
11:59:27AM THOSE GROUPS THAT NEED SPECIAL ATTENTION, THOSE WITH
11:59:30AM DISABILITIES, SENIORS, OTHERS FOR WHOM THAT RISING TIDE IS
11:59:34AM NOT GOING TO LIFT THEIR SINKING BOATS.
11:59:37AM THANK YOU.
11:59:37AM >>GUIDO MANISCALCO: I WOULD LIKE TO GO TO PUBLIC COMMENT.
11:59:41AM COUNCILWOMAN HURTAK, CLENDENIN AND THEN PUBLIC COMMENT.
11:59:43AM >>LYNN HURTAK: CAN YOU PLEASE GO BACK ONE SLIDE?
11:59:45AM SOLVE THE FOCUS ON SUBSIDY PER UNIT WHERE WE LOOK AT
11:59:49AM EXTREMELY LOW INCOME, 30% AMI AND BELOW.
11:59:52AM THE COST PER DOOR IS $302,000.
11:59:56AM THAT'S JUST NOT REALLY -- WE CANNOT PUT CASH TOWARD THAT.
12:00:03PM BUT HERE IS THE GREAT THING, THAT DOES NOT MEAN $302,000 IN
12:00:07PM CASH.
12:00:07PM THAT'S WHERE MR. HAGAN WAS TALKING EARLIER ABOUT BONUS

12:00:12PM DENSITY BEING IN LIEU INSTEAD OF CASH OR OTHER TYPES OF
12:00:16PM WAYS, MAYBE WE'RE PROVIDING INFRASTRUCTURE.
12:00:18PM MAYBE WE'RE PROVIDING THE LAND.
12:00:20PM SO I JUST WANT EVERYBODY TO UNDERSTAND THAT JUST BECAUSE
12:00:23PM IT'S $302,000 PER DOOR, IT DOESN'T HAVE TO BE CASH.
12:00:29PM AND THAT IS WHY WE'RE HERE TO GO BACK TO THAT BEGINNING, THE
12:00:34PM COORDINATED RESPONSE.
12:00:35PM IF YOU GO BACK TWO MORE SLIDES TO THIS, WHERE WE'RE TOUCHING
12:00:40PM EVERY SINGLE PART AND THAT WILL HELP US TO REACH THE
12:00:45PM 302,000.
12:00:46PM I DON'T WANT US TO LEAVE THIS THINKING, OH, MY GOD, WE'LL
12:00:49PM NEVER GET THERE.
12:00:50PM BY A COMBINATION OF ALL THESE THINGS, WE'LL BE CLOSER.
12:00:53PM THANK YOU.
12:00:53PM >>GUIDO MANISCALCO: YES, SIR.
12:00:55PM >>ALAN CLENDENIN: YES.
12:00:56PM ONE, GO BACK TO YOUR PRIORITIES SLIDE.
12:01:01PM I THINK THIS ACTUALLY -- I KNOW YOU SAID FOLLOWING GOALS.
12:01:03PM I WOULD HAVE LOVED TO SEE THE UPDATED HOUSING GOALS.
12:01:07PM THIS LOOKS MORE LIKE GOALS THAN PRIORITIES.
12:01:09PM THIS WAS A GOOD GOAL SLIDE.
12:01:11PM I THINK ESPECIALLY BULLETS ONE, TWO, AND THREE, I THINK ARE
12:01:16PM REALLY GOOD FOCUSES FOR US.
12:01:18PM IT GETS A LITTLE WEIRD AND IFFY BECAUSE WE TALK ABOUT THE
12:01:23PM DEVIL IS IN THE DETAILS ON FOUR AND FIVE.

12:01:25PM ONE, TWO, AND THREE ABSOLUTELY SHOULD BE PART OF OUR GOALS
12:01:30PM AND PRIORITIES FOR THE CITY OF TAMPA.
12:01:31PM IN THE VERY, VERY BEGINNING OF THE DISCUSSION THEY TALKED
12:01:36PM ABOUT MEETING HOUSING NEEDS.
12:01:37PM I THINK REALLY THE QUESTION SHOULD BE ASKED, CAN THE CITY OF
12:01:40PM TAMPA MEET THE HOUSING NEEDS?
12:01:42PM I'M JUST GOING TO JUMP AHEAD AND GUESS THAT EVERYBODY THAT
12:01:46PM UNDERSTANDS THIS PROCESS IS GOING TO SAY THE ANSWER IS NO.
12:01:50PM WE CAN TAKE PROOF-POSITIVE STEPS TO GET ON A PATH TO TRY TO
12:01:58PM GET CLOSER TO THE NEEDS.
12:02:00PM LIMITED RESOURCES, LIMITED LAND OPPORTUNITIES, LIMITED
12:02:02PM EVERYTHING THAT WE HAVE, THE HONEST ANSWER IS WE'RE NEVER
12:02:05PM GOING TO MEET THE CITY OF TAMPA'S AS A GOVERNMENT BODY IS
12:02:08PM NEVER GOING TO MEET THE HOUSING NEEDS THAT WE HAVE.
12:02:12PM HOPEFULLY WE'LL HAVE SOME MARKET CORRECTIONS.
12:02:15PM THE FREE MARKET WILL BE INVOLVED.
12:02:17PM WE'LL BE ABLE TO HAVE SOME OF THE CREATIVE IDEAS THAT WE
12:02:20PM HAVE TO GET US INTO SOME BETTER PLACES AND BE ABLE TO SERVE
12:02:24PM AS MANY PEOPLE AS WE POSSIBLY CAN AND HELP AS MANY PEOPLE AS
12:02:29PM POSSIBLY CAN BUT THE HONEST ANSWER IS WE'LL NEVER BE ABLE TO
12:02:32PM MEET THE NEEDS ON OUR OWN.
12:02:33PM >>GUIDO MANISCALCO: WE'LL PAUSE AND GO TO PUBLIC COMMENT.
12:02:36PM IF YOU WISH TO SPEAK, COME UP AND STATE YOUR NAME.
12:02:40PM MR. DRUMGO, YOUR COMMENTS AND THEN KICK OFF PUBLIC COMMENT.
12:02:48PM >>ALIS DRUMGO: THANK YOU.

12:02:49PM I APPRECIATE THE OPPORTUNITY TO SPEAK TO IT.
12:02:51PM I JUST WANTED TO TALK A LITTLE BIT BECAUSE I KNOW THERE WAS
12:02:58PM CONVERSATION ABOUT THE UNIT COUNT AND THAT 10,000 BEING A
12:03:01PM GOAL.
12:03:01PM I KNOW PERSONALLY THAT I WOULD LIKE TO LOSE 40 POUNDS, BUT
12:03:04PM IF I LOSE 10 I'LL BE BETTER OFF.
12:03:08PM AMONGST THIS GROUP, IF THERE'S SOME DESIRE TO PROPOSE A
12:03:12PM REVISION TO THAT NUMBER, FEEL FREE TO SHARE THAT WITH US.
12:03:16PM BUT WE KNOW THAT WE CERTAINLY NEED GREATER THAN 25,000
12:03:20PM UNITS.
12:03:20PM BUT THEN THE OTHER THING I WOULD LIKE TO SAY, WHEN YOU'RE
12:03:25PM THINKING ABOUT THE SUBSIDIES IN THOSE DEALS, MOST RECENT
12:03:28PM DEAL WITH $12 MILLION WITH THE FUN-LAN PROJECT, $33,000 A
12:03:33PM UNIT ON THAT SUBSIDY.
12:03:34PM WHEN YOU THINK ABOUT OTHER FUNDING RESOURCES THAT GET
12:03:37PM STACKED IN THERE, YOU HEARD AFFORDABLE HOUSING DEVELOPER
12:03:41PM SPEAK TO YOU DURING PUBLIC COMMENT.
12:03:43PM HE SAID WE LEVERAGE THESE DOLLARS WHEN YOU KICK IN SOMEWHERE
12:03:46PM BETWEEN 7 AND 40 TO 1.
12:03:48PM WHEN WE'RE ASKING, WE REALIZE WE HAVE THIS INFUSION OF $50
12:03:51PM MILLION THIS YEAR, BUT WE'RE TALKING ABOUT HOW TO SPEND THE
12:03:55PM MONEY THIS YEAR AND HOW TO SPEND THOSE DOLLARS.
12:03:57PM BUT THEN THE OTHER SLIDE, YOU SAW $25 MILLION NUMBER BECAUSE
12:04:01PM WE KNOW THAT IT'S UNATTAINABLE TO TRY TO SPEND TWO, THREE,
12:04:07PM FOUR, FIVE HUNDRED MILLION DOLLARS A YEAR.

12:04:09PM WE'RE TRYING TO BACK INTO A NUMBER SO WE HAVE CERTAINTY FOR
12:04:11PM DEVELOPERS TO GO OUT AND RECRUIT THOSE PARTNERS TO COME IN
12:04:14PM TO HELP US LEVERAGE THOSE DOLLARS.
12:04:16PM I WANTED TO SPEAK TO THAT.
12:04:18PM AND THE DEAL YOU SAW BEFORE THE CRA, PEOPLE KNOW THAT YOU
12:04:21PM HAVE MONEY IN YOUR CRA, WHICH IS WHY THEY CONTINUE TO ASK
12:04:25PM THE CRA FOR MONEY.
12:04:26PM JUST BECAUSE THAT DEAL COMES BEFORE YOU WHERE THEY ARE
12:04:29PM ASKING FOR THE $14 MILLION, YOU HAVE TO UNDERSTAND AND
12:04:31PM YOU'LL GET A PRIMER FROM DIRECTOR HENDERSON LATER ON CAPITAL
12:04:35PM STACKING, BUT EVERY DEAL IS NOT THE SAME.
12:04:39PM WHEN THEY ARE LOOKING AT THE GAP BETWEEN THE MARKET RATE AND
12:04:41PM WHAT WAS ASKED FOR RELATIVE TO THE AFFORDABILITY, THAT GAP
12:04:46PM IS WHAT NEEDS TO GET FILLED.
12:04:49PM THAT'S WHY THE DOLLAR VALUE PER UNIT WAS SO HIGH.
12:04:52PM YOU ALSO HAVE TO KEEP IN MIND THAT CONSTRUCTION BY TYPE IS
12:04:56PM VERY DIFFERENT AS WELL, DEPENDING ON WHETHER YOU ARE
12:04:58PM BUILDING TWO STORY, FOUR STORY, SIX TO SEVEN STORY STRUCTURE
12:05:02PM AND WHERE THAT GETS PLACED.
12:05:04PM ALL OF THOSE THINGS REALLY IMPACT THE DEVELOPMENT COSTS.
12:05:07PM I ASK THAT WHEN WE CONTINUE TO GET INTO THIS CONVERSATION
12:05:10PM ABOUT COST AND SUBSIDIES THAT YOU KEEP IN MIND THAT OUR GOAL
12:05:13PM IS TO TRY TO OFFSET THE DEVELOPMENT COSTS, WHETHER IT IS THE
12:05:18PM LAND, IMPACT FEES, OR SOME OTHER DOLLAR VALUES THAT WE MAY
12:05:21PM HAVE AVAILABLE.

12:05:22PM I'LL GO TO THE PUBLIC.
12:05:26PM >>GUIDO MANISCALCO: PLEASE STATE YOUR NAME.
12:05:28PM >> KIMBERLY OVERMAN.
12:05:30PM THANK YOU.
12:05:31PM IT WAS A PERFECT LEAD-IN INTO WHAT I WAS GOING TO SUGGEST.
12:05:36PM THE CHALLENGE IN THE 10,000 UNIT OR THE FACT THAT WE'VE GOT
12:05:40PM 25 OR 125 THOUSAND UNITS SHY OF WHAT'S NEEDED IN THE
12:05:45PM COMMUNITY, WE'RE IN A BOAT THAT HAS A GIGANTIC HOLE IN IT.
12:05:49PM PART OF THE HOLE CAN BE FILLED WITH SOME PERMANENCY.
12:05:53PM WHEN WE PROVIDE RESOURCES LIKE THE HOUSING FINANCE AUTHORITY
12:05:56PM DOES WHEN FINANCING DEALS, THOSE DEALS ARE DONE FOR
12:06:00PM PERPETUITY, NOT FOR 30 YEARS.
12:06:02PM YOU HEARD EARLIER YOU LOST 1500 UNITS.
12:06:07PM YOU GAINED, YOU BUILT 1800, BUT NOW YOU REALLY ONLY NET 300
12:06:15PM BECAUSE OF THE EXPIRATION OF THE LAND USE AGREEMENTS.
12:06:19PM A COMMUNITY LAND TRUST WHERE THE CITY HAS DOLLARS TO BE ABLE
12:06:21PM TO GO BUY PROPERTIES AND PUT IT IN A TRUST TO KEEP IT FOR
12:06:25PM PERPETUITY THAT'S AFFORDABLE FOR THE COMMUNITY IS A WAY OF
12:06:29PM PUTTING A BAND-AID ON A HOLE IN THE BOTTOM OF THE BOAT.
12:06:35PM IT WON'T HOLD BECAUSE THERE ARE A LOT OF OTHER THINGS THAT
12:06:37PM NEED TO BE DONE, TOO.
12:06:39PM IT'S ONE WAY OF SLOWING THE WATER GOING IN SO THAT EVERYBODY
12:06:42PM AND COMMUNITIES THAT ARE AT RISK, OUR SENIORS, OUR VETERANS,
12:06:46PM OUR PEOPLE WITH DISABILITIES ACTUALLY DON'T DROWN BECAUSE
12:06:51PM THEY DON'T HAVE NOT ONLY THE BOAT, BUT THEY DON'T HAVE THE

12:06:53PM LIFE JACKET EITHER.
12:06:55PM I THINK IT'S REALLY IMPORTANT THAT WE LOOK AT ALL OF THE
12:06:58PM SOLUTIONS RECOGNIZING THAT HOME OWNERSHIP IS A GOAL.
12:07:02PM IT'S THE AMERICAN DREAM, BUT IT IS ALSO A WAY OF ACTUALLY
12:07:05PM CREATING SOME STABILITY IN THE HOUSING MARKETPLACE.
12:07:09PM IF OUR INVESTORS CAN CALL UP EVERY SINGLE PERSON THAT OWNS A
12:07:12PM PIECE OF PROPERTY AND ASK THEM, WILL YOU SELL ME YOUR HOUSE,
12:07:18PM AND THE SENIOR WHO CAN'T AFFORD TO FIX THAT HOUSE IS PUT IN
12:07:22PM A POSITION WHERE THEY ARE LOOKING AT, WELL, YEAH, I GUESS I
12:07:26PM HAVE TO DO THIS BECAUSE I CAN'T AFFORD TO STAY IN IT
12:07:29PM ANYMORE, BEING ABLE TO STABILIZE HOUSES IN AGING COMMUNITIES
12:07:34PM OR IN AGING HOUSING IS A WAY OF STABILIZING THAT COMMUNITY
12:07:40PM AS WELL AS PAYING FOR THE STABILITY OF THAT COMMUNITY.
12:07:44PM IF YOU'RE ABLE TO HELP THAT FAMILY MEMBER STAY IN THAT HOME.
12:07:47PM AND THAT IS LESS COSTLY THAN NEW DEVELOPMENT, WHETHER IT BE
12:07:52PM SINGLE-FAMILY OR MULTIFAMILY, BECAUSE YOU'RE ABLE TO
12:07:55PM STABILIZE A COMMUNITY THAT NEEDS THAT SOCIAL STRUCTURE TO
12:07:58PM FUNCTION WELL.
12:07:59PM SO THANK YOU VERY MUCH.
12:07:59PM >>GUIDO MANISCALCO: YES, MA'AM.
12:08:00PM THANK YOU VERY MUCH.
12:08:01PM YES, MA'AM.
12:08:02PM PLEASE STATE YOUR NAME.
12:08:05PM >> CONNIE BURTON.
12:08:08PM COMMUNITIES SUCH AS TAMPA PARK APARTMENTS, CENTER PARK

12:08:13PM VILLAGE, AND PERHAPS ROBLES PARK IS SEEING INCREASED
12:08:18PM REDEVELOPMENT.
12:08:19PM AND THE QUESTION ASKED IS WHERE ARE THE FAMILIES THAT LIVE
12:08:23PM BELOW THE POVERTY LEVEL OF SAY MAYBE $29,000 A YEAR.
12:08:28PM WHEN YOU EVEN TALK ABOUT THE PROPERTY OVER THERE AT THE NEW
12:08:31PM FUN-LAN DRIVE-IN, ONLY SIX UNITS -- NOT 60 -- SIX UNITS WERE
12:08:39PM GOING TO BE SET ASIDE FOR FAMILIES FOR THREE BEDROOM SIZE.
12:08:42PM SO THAT TELLS ME HOW UNWELCOMING THOSE COMMUNITIES AND
12:08:49PM DEVELOPERS ARE.
12:08:50PM THE PROBLEM THAT I SEE HAPPENING TODAY IS, OF COURSE, STAFF
12:08:54PM HAS DONE BRILLIANT WORK, AND WE MIGHT GET TIED DOWN WITH A
12:08:59PM LOT OF PAPER WORK.
12:09:01PM BUT AT THE END OF THE DAY, THE COMMUNITY IS LOOKING TO SEE A
12:09:04PM MODEL.
12:09:04PM A MODEL.
12:09:06PM IN EAST TAMPA, FOR EXAMPLE, WE HAVE UNDEVELOPED LOTS THAT
12:09:11PM HAS BEEN LAYING DORMANT FOR OVER EIGHT YEARS, RIGHT NOW.
12:09:16PM CHANGE THE POLICY, ZONING, LET'S GET SOMETHING DONE.
12:09:19PM PROPERTY THAT THE CRA PURCHASED, UNLESS STAFF WAS SELLING US
12:09:25PM SWAMPLAND, WE'VE GOT PROPERTY OVER THERE ON 19th OFF OF
12:09:29PM PALIFOX.
12:09:32PM ALSO BRAND-NEW PROPERTY BUILT OVER THERE ON OSBORNE.
12:09:36PM SOMETHING THAT CAN BE DONE NOW.
12:09:41PM TO ASK US TO CONTINUE IS AN INSULT.
12:09:44PM SINCE BELMONT HEIGHTS WAS CREATED IN 1911, WE HAVE SEEN

12:09:49PM VERY, VERY LITTLE TAKE PLACE THAT MOVED THE NEEDLE
12:09:53PM ECONOMICALLY FOR OUR COMMUNITY.
12:09:55PM SO WHEN YOU'RE TALKING ABOUT HOUSES COMING INSIDE SOME OF
12:10:01PM THESE COMMUNITIES AT A DIFFERENT AMI, THOSE ARE NOT PEOPLE
12:10:05PM THAT HAVE SUFFERED.
12:10:06PM I THINK WHAT I'M HEARING TODAY AND WHAT IS RAISING MY
12:10:12PM FRUSTRATION IS AT THE END OF ALL OF THIS DISCUSSION TODAY,
12:10:16PM THERE WON'T BE AN ACTUAL MODEL THAT THE STAFF IS READY TO GO
12:10:21PM ON.
12:10:21PM RIGHT NOW IN OUR CRA IN EAST TAMPA, $24 MILLION THAT WE HAVE
12:10:27PM NEVER BEEN ABLE TO UTILIZE TO THE BEST USAGE OF OUR
12:10:31PM COMMUNITY, THAT CAN TAKE CARE OF SOME HOUSING REHAB.
12:10:35PM NOW, MAKE A RULE RIGHT NOW THAT YOU'RE GOING TO END SOME OF
12:10:39PM THOSE BARRIERS SO WE CAN GET STARTED.
12:10:41PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
12:10:42PM YES, SIR.
12:10:43PM PLEASE STATE YOUR NAME.
12:10:49PM >> GOOD AFTERNOON.
12:10:50PM MY NAME IS NATHAN HAGAN.
12:10:51PM I WANT TO START OFF BY SAYING I BELIEVE IN YOU.
12:10:56PM I BELIEVE THAT YOU HAVE THE POWER TO ACHIEVE THESE GOALS AND
12:11:01PM TO END A PERMANENT AFFORDABLE HOUSING CRISIS.
12:11:04PM IT'S ONLY PERMANENT UNTIL WE CHOOSE TO CHANGE THAT.
12:11:08PM THERE ARE THINGS WE CAN DO.
12:11:09PM THE ONLY WAY WE FAIL TO DO THEM IS IF WE SAY WE REFUSE TO DO

12:11:14PM THEM.
12:11:17PM I WANT TO GO BACK TO THIS.
12:11:19PM PROBABLY CONFUSED PEOPLE.
12:11:20PM TECHNICAL.
12:11:20PM TALK ABOUT IT FOR AN HOUR.
12:11:22PM >>GUIDO MANISCALCO: LET'S BRING UP THE OVERHEAD.
12:11:24PM THERE WE GO.
12:11:28PM GO AHEAD, SIR.
12:11:30PM >> I WANT TO HIGHLIGHT WHAT'S GOING ON HERE.
12:11:32PM THERE IS A SHORTAGE OF 26,000 UNITS.
12:11:36PM THESE PEOPLE HAVE HOMES.
12:11:40PM WHERE ARE THEY LIVING?
12:11:42PM THEY ARE LIVING IN THE INCOME POOLS HERE.
12:11:44PM SO WHEN WE SAY WE HAVE ACTUALLY ONLY A 235 UNIT SHORTAGE ON
12:11:49PM 100 PERCENT, FOR PEOPLE BETWEEN ZERO AND 120 PERCENT AMI, IT
12:11:54PM DOESN'T MEAN THAT PEOPLE AT 120% AMI ARE PAYING RENT
12:11:58PM APPROPRIATE FOR 120% AMI.
12:12:00PM IT MEANS THAT PEOPLE IN THIS GROUP, THE GAP HERE, THESE
12:12:03PM PEOPLE ARE PAYING MORE.
12:12:04PM THEY ARE COMPETING IN THIS POOL, AND I'LL TELL YOU MY
12:12:08PM EXPERIENCE.
12:12:09PM I'VE BEEN LUCKY ENOUGH AT SOME POINT TO PAY LESS THAN 30% OF
12:12:13PM MY INCOME ON HOUSING.
12:12:14PM I'M COMPETING HERE, TOO, AND I'M HIGHER INCOME.
12:12:18PM THIS AREA, THIS POOL OF HOUSING IS UNDER A LOT OF PRESSURE.

12:12:22PM IT'S UNDER PRESSURE BECAUSE PEOPLE WITH LOWER INCOME
12:12:24PM CATEGORIES ARE COMPETING FOR IT.
12:12:26PM PEOPLE IN THIS CATEGORY ARE COMPETING FOR IT, AND PEOPLE WHO
12:12:28PM ARE ABOVE THE CATEGORY ARE COMPETING FOR IT.
12:12:30PM DO NOT ASSUME THAT BECAUSE THERE ARE A HUNDRED PEOPLE AT
12:12:35PM 120% AMI AND A HUNDRED HOMES THAT EVERYBODY IS ALLOCATING
12:12:38PM CORRECTLY.
12:12:38PM WE HAVE A HOUSING SHORTAGE.
12:12:44PM BUILDING HOUSING FOR PEOPLE UP HERE SO THEY ARE NOT
12:12:46PM COMPETING IN HERE ANYMORE.
12:12:48PM THIS IS AN ISSUE THAT AFFECTS EVERY SINGLE TYPE OF HOUSING
12:12:51PM IN THE CITY.
12:12:51PM WE CANNOT FOCUS ONLY ON SUBSIDIZED BELOW-MARKET UNITS.
12:12:55PM BONUS DENSITY PROGRAM IS VERY SPECIAL BECAUSE IT DOES THIS.
12:12:58PM IT CREATES HOUSING DEDICATED FOR PEOPLE LIKE THIS AT A PRICE
12:13:01PM THEY CAN AFFORD AND CREATES HOUSING FOR PEOPLE LIKE THIS SO
12:13:04PM THEY DON'T COME INTO MARKETS LIKE THIS AND OUTCOMPETE LOWER
12:13:07PM INCOME PEOPLE.
12:13:08PM IT REDUCES PRESSURE ON THIS CATEGORY OF HOUSING FROM BOTH
12:13:11PM SIDES.
12:13:12PM SO THERE ARE SOME REALLY CREATIVE IDEAS.
12:13:16PM WE CAN -- THE MARKET.
12:13:19PM DO WHATEVER WE WANT.
12:13:20PM SO MANY IDEAS THAT CAN CAUSE TO US ACHIEVE OUR GOALS, TO
12:13:24PM THROW UP OUR HANDS NOW, THAT'S THE MOST DISHEARTENING IDEA I

12:13:29PM CAN IMAGINE RIGHT NOW.
12:13:30PM PLEASE DON'T.
12:13:31PM >>GUIDO MANISCALCO: YES, MA'AM.
12:13:39PM >> ANDY SCAGLIONE.
12:13:41PM I HAVE TO CATCH A PLANE.
12:13:44PM THANK YOU VERY MUCH.
12:13:44PM AS MUCH AS THE TALENTED STAFF WE HAVE HERE, THEY ARE NOT
12:13:49PM MIRACLE WORKERS, OKAY.
12:13:51PM I THINK WE NEED TO BE HONEST WITH THE PUBLIC AND HONEST WITH
12:13:55PM OURSELVES, AS HAS BEEN SAID.
12:13:58PM TO BUILD 4,000 UNITS UNTIL 2027, THAT WOULD BE 111 UNITS PER
12:14:05PM MONTH.
12:14:05PM WE'RE NOT GOING TO GET THERE.
12:14:06PM AND WE DON'T HAVE $1.6 BILLION.
12:14:10PM TO BUILD 26,000, WE'D HAVE 5 BILLION.
12:14:15PM WE DON'T HAVE $5 BILLION.
12:14:17PM LET'S BE HONEST.
12:14:18PM WE CAN INCENTIVIZE SUPPLY AND BE RESULT ORIENTED.
12:14:30PM ALL ABOUT EXECUTION.
12:14:31PM I DON'T WANT TO MAKE THE SAME MISTAKES.
12:14:33PM SOMETIMES IT'S BEST AS ST. PETE DID JUST RECENTLY IN
12:14:37PM JANUARY, THE ST. PETE COUNCIL, THEY PUT A 12 MILLION
12:14:40PM EXORBITANT SUBSIDY FOR 24 UNITS.
12:14:43PM THAT'S $500,000 PER UNIT.
12:14:46PM THAT'S NOT WHAT WE WANT TO DO HERE.

12:14:48PM OKAY.
12:14:48PM I'LL GO THROUGH MY NOTES HERE.
12:14:55PM I HAVE A LOT OF NOTES.
12:14:56PM REAL ESTATE.
12:15:01PM I'LL HIT UPON REAL ESTATE, ACQUIRING LAND.
12:15:04PM THAT'S SOMETHING I'VE BEEN INVOLVED IN FOR 38 YEARS.
12:15:08PM WE NEED TO TIE UP LAND.
12:15:10PM WE CALL IT A FREE LOOK PERIOD.
12:15:13PM FEASIBILITY STUDIES AND ALL THE NEED FOR IT.
12:15:16PM TIE IT UP, DO OUR FEASIBILITY, AND THEN FIND OUT IF WE WANT
12:15:20PM TO BUY IT.
12:15:21PM CAN'T DO IT THE OTHER WAY AROUND THAT WE'VE BEEN DOING
12:15:24PM HISTORIC.
12:15:25PM PRIVATE SECTOR WILL EAT YOUR LUNCH.
12:15:27PM BUY IT AND TRY TO SELL IT TO YOU AT A PROFIT.
12:15:30PM LET'S CHANGE OUR WAY OF THINKING HERE AS THE PRIVATE SECTOR.
12:15:36PM I'LL HELP WITH THAT.
12:15:37PM BEEN OFFERING IT THREE, FOUR YEARS.
12:15:42PM WHEN YOU ONLY GOT 4% OF LAND AREA, I MEAN, I DON'T SEE HOW
12:15:48PM YOU'RE GOING TO ACQUIRE ANY LAND WHEN YOU'VE GOT THE PRIVATE
12:15:52PM SECTOR OUT THERE AND BUILDERS BEATING ON DOORS.
12:15:55PM AGAIN, LET'S BE HONEST WITH OURSELVES.
12:15:57PM THE FOCUS NEEDS TO BE SPENDING SOME OF THE CRA FUNDS, THAT'S
12:16:04PM MONEY THAT WE ALREADY HAVE VERSUS GENERAL REVENUE THAT WE
12:16:07PM HAVE SO MANY OTHER NEEDS IN PUBLIC SAFETY.

12:16:11PM I'M GOING TO HIT UPON REAL QUICK THE LAND TRUST BECAUSE I'VE
12:16:17PM BEEN INVOLVED IN LAND TRUST FINANCING FOR OVER 35 YEARS.
12:16:21PM IT MAKES NO SENSE TO DO A LAND TRUST WHEN IT COMES TO
12:16:25PM SINGLE-FAMILY.
12:16:25PM THE MARKET OF COMPARABLES AREN'T GOING TO BE THERE.
12:16:29PM THE FINANCING IS GOING TO BE VERY TOUGH AND IT'S GOING TO
12:16:32PM CREATE A SECOND LAYER OF CITIZENS.
12:16:34PM EVERYTHING IS PUBLIC TODAY.
12:16:36PM PEOPLE ARE GOING TO SAY YOU DON'T EVEN OWN THE LAND YOUR
12:16:39PM HOUSE IS BUILT ON.
12:16:41PM IT WOULD MAKE NO SENSE.
12:16:42PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
12:16:43PM >> CAN I SAY ONE MORE THING ABOUT THE PRO FORMA?
12:16:45PM I'VE BEEN HERE FOUR HOURS.
12:16:47PM THE PRO FORMA THAT WAS DONE.
12:16:51PM THIS PRO FORMA AT 150 UNITS, IT DOESN'T -- THE LAND COST IS
12:17:00PM A GOOD LAND COST, 66,000 A UNIT.
12:17:03PM YOUR CONSTRUCTION COSTS AND YOUR SOFT COSTS COME OUT TO BE
12:17:08PM ABOUT 266.
12:17:09PM YOU CAN'T DO FRAME, WHAT WE CALL STICK TODAY FOR 266.
12:17:13PM YOU'RE LOOKING AT OVER THREE.
12:17:15PM AND THAT'S WITH DOING SURFACE PARKING STICK HOUSING.
12:17:19PM SO THIS PRO FORMA IS BASED ON A 4.5% CAPITALIZATION RATE.
12:17:26PM PRIME TODAY IS 8.5.
12:17:27PM THESE NUMBERS ARE BACK IN 2021 BEFORE WE'VE HAD HISTORICAL

12:17:32PM INTEREST RATES.
12:17:33PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
12:17:34PM >> NEGATIVE LEVERAGE NEVER WORKS IS IN REAL ESTATE.
12:17:36PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
12:17:37PM YES, MA'AM.
12:17:37PM YES, MA'AM.
12:17:50PM PLEASE STATE YOUR NAME.
12:17:52PM >> AGAIN, FOR THE RECORD, DR. MICHELLE WILLIAMS.
12:17:54PM MY GREAT GRANDMOTHER WHO I ALWAYS HAD A PRIVILEGE WHEN I
12:18:00PM CAME FROM HAITI TO VISIT HER IN TALLAHASSEE, FLORIDA, SHE
12:18:08PM ALWAYS SAID THAT A HOT KNIFE CUTS BETTER ON BUTTER.
12:18:15PM SO I'VE WRITTEN THIS WHILE I WAITED FOR THE SECOND TERM OF
12:18:19PM PUBLIC COMMENTS BECAUSE WHAT THE YOUNG MAN SPOKE ABOUT,
12:18:24PM ABOUT 48 MINUTES AGO, I SEEN THE GREAT PASSION OF
12:18:28PM FRUSTRATION THAT IN HIS ERA HE SHOULD NOT BE SPEAKING ABOUT
12:18:33PM THE SAME THINGS THAT MY ELDERS, LIKE MS. CONNIE BURTON AND
12:18:37PM THE OTHERS WHO SIT BEHIND ME, MS. CHLOE CONEY, WE SHOULDN'T
12:18:42PM BE HAVING THIS SAME CONVERSATION.
12:18:46PM AND THE CONVERSATION GETS WORSE AND WORSE EACH TIME THAT WE
12:18:50PM HAVE IT, WITH NO TRUE RECONCILIATION OF SOLVING ANYTHING.
12:18:55PM I DON'T LIKE CIRCUS SHOWS.
12:18:59PM I DON'T LIKE NOR DO I DO DOG AND PONY SHOWS.
12:19:04PM THIS IS HURTFUL THAT I SEE SO MANY COMING.
12:19:12PM HOW DO YOU WANT US NEXT TIME, ON OUR KNEES COMING IN THE
12:19:16PM DOOR?

12:19:16PM BECAUSE MY ELDERS SHOULD NOT HAVE TO HAVE THIS CONVERSATION
12:19:21PM AGAIN.
12:19:21PM NOW IT FALLS ON THE PLATE OF THEIR GRANDCHILDREN AND GREAT
12:19:27PM GRANDCHILDREN.
12:19:28PM I'M A GRANDMOTHER OF SEVEN.
12:19:30PM I'M CLOSER TO 60 THAN I AM 50.
12:19:34PM I KNOW I LOOK GOOD FOR MY AGE.
12:19:37PM THE HOUSING CRISIS IN TAMPA IS A CROSS THAT OUR COMMUNITY
12:19:43PM BEARS, A SYMBOL OF BROADER CHALLENGES OF ECONOMIC DISPARITY
12:19:47PM AND SOCIAL INJUSTICE.
12:19:48PM DR. KING PUT IT SO ELOQUENTLY, INJUSTICE ANYWHERE IS A
12:19:53PM THREAT TO JUSTICE EVERYWHERE.
12:19:55PM THE STARK REALITY OF UNAFFORDABLE HOUSING AND UNCHECKED RENT
12:20:01PM INCREASES SERVES AS A STARK REMINDER OF THE WORK THAT
12:20:04PM REMAINS TO BE DONE.
12:20:06PM IT IS NOT MERELY A MATTER OF ECONOMIC POLICY BUT MORAL
12:20:11PM IMPERATIVE THAT SPEAKS TO THE CORE OF THE VALUES AS US IN
12:20:16PM OUR SOCIETY.
12:20:18PM A CALL TO ACTION.
12:20:21PM THE TIME FOR DELIBERATION HAS PASSED.
12:20:24PM THE FIERCE URGENCY OF NOW DEMANDS ACTION.
12:20:28PM BOLD AND DECISIVE, TO SAFEGUARD THE FUTURE OF OUR CITY IT
12:20:33PM INHABITS.
12:20:34PM WE MUST RALLY TOGETHER AS A COMMUNITY UNUNIFIED IN PURPOSES
12:20:39PM TO ADVOCATE THE POLICIES THAT ENSURE AFFORDABLE HOUSING AND

12:20:44PM RENT STABILIZATION.
12:20:45PM LET ME TELL YOU SOMETHING.
12:20:46PM YOU ALL DON'T EVER SEE ME DOWN HERE LIKE I USED TO BE HERE.
12:20:52PM IF I'M COMING, YOU HAVE A PROBLEM.
12:20:53PM >> MARY OPSAL.
12:20:59PM I'LL SAVE MOST OF MY COMMENTS FOR THE NEXT SECTION, BUT I
12:21:01PM WAS A BIT TROUBLED BY THE FACT THAT I HEARD COMING FROM YOU
12:21:05PM GUYS WHAT IS THE COUNTY COMMISSION DOING, WHICH TROUBLES ME,
12:21:08PM BECAUSE YOU NEED TO KNOW WHAT THE COUNTY IS DOING.
12:21:11PM I'M SURE STAFF DOES, BUT I WILL TELL YOU THEY ARE AXING
12:21:15PM AFFORDABLE HOUSING FROM EVERY POSSIBLE ANGLE.
12:21:21PM IF YOU ARE NOT FOLLOWING WHAT THEY ARE DOING, MANY OF THE
12:21:26PM PEOPLE WHO CAME HERE TODAY ARE ALSO GOING TO THE COUNTY
12:21:29PM COMMISSION, IF YOU'RE NOT ALREADY FOLLOWING THE DEVASTATION
12:21:32PM THAT COUNTY COMMISSION IS WREAKING ON AFFORDABLE HOUSING,
12:21:36PM PLEASE MAKE SURE YOU ARE BECAUSE IT'S VERY DIRE.
12:21:40PM PLEASE, AGAIN, THIS IS A CRISIS.
12:21:42PM YOU CAN'T JUST THROW UP YOUR HANDS AND SAY THIS IS TOO
12:21:45PM COMPLICATED.
12:21:45PM YOU HAVE TO ADDRESS IT.
12:21:46PM NO MORE CONTINUATION, AND WE'LL TALK ABOUT IT SOME MORE.
12:21:51PM WE NEED ACTION, NOT TALK.
12:21:53PM >>GUIDO MANISCALCO: YES, MA'AM.
12:21:53PM THANK YOU VERY MUCH.
12:21:54PM YES, MA'AM.

12:21:57PM PLEASE STATE YOUR NAME.
12:21:58PM >> HELLO.
12:21:59PM MY NAME IS SALLYISE LEE WITH THE VOLUNTARY MISSION SOCIETY.
12:22:05PM I'M SO HAPPY THAT I WALKED 5,250 MILES BEEN ADDED ON FOR
12:22:11PM HOMELESSNESS AND HOUSING.
12:22:13PM I DONE MY PART, AND I WOULD LIKE TO SAY, WE NEED A PROPOSAL
12:22:19PM SEEING HOW MANY UNITS FOR EACH GROUP, INDEPENDENT RETURNING
12:22:26PM CITIZEN HOME OWNERSHIP AND THE BUDGETARY RESOURCES AND WE
12:22:33PM NEED HOW MANY UNITS FOR EACH ONE OF THOSE AND CAN WE FIND
12:22:38PM HOUSES AT 75, 150 THOUSAND DOLLARS.
12:22:43PM NOT ALL THAT.
12:22:47PM WE NEED TO REHAB.
12:22:49PM DO YOU KNOW WHAT IT'S LIKE TO TRY TO CALL REHAB?
12:22:52PM I CALLED THOSE PEOPLE 50 TIMES.
12:22:54PM CALLED UP HERE ABOUT 35 TIMES.
12:22:56PM THIS WAS TWO YEARS AGO.
12:22:59PM NOBODY ANSWERS.
12:23:00PM NO RETURNS YOUR CALL.
12:23:03PM IT'S SAD, LIKE THE LADY SAID, AND WE NEED TO FIGURE ALL THIS
12:23:07PM OUT AND PUT IT INTO A PROPOSAL AND TRY TO FIND SOME CHEAP
12:23:12PM HOUSES AND GET A PLAN FOR SENIOR CITIZEN HOUSES, NO MORE
12:23:18PM THAN 125, 200 AND 300, BECAUSE YOU DON'T KNOW WHAT WITH THE
12:23:25PM NEW BILLS COMING OUT IN WASHINGTON, THEY ARE CUTTING OFF
12:23:27PM PEOPLE'S SUBSIDIES.
12:23:29PM HOW ARE YOU GOING TO PAY?

12:23:30PM YOU ARE FIXING TO BE HOMELESS IF YOU CAN'T PAY 800, 900.
12:23:34PM THAT'S TOO MUCH FOR US CITIZENS TO PAY.
12:23:37PM I'M A SENIOR, TOO.
12:23:39PM I'M SPEAKING FOR MYSELF.
12:23:40PM DO YOU KNOW HOW HARD IT IS FOR US TO GET WHAT WE NEED TO BE
12:23:47PM SENIOR CITIZENS AND JUST BLACK FOLKS IN GENERAL?
12:23:53PM WE NEED TO FIGURE OUT HOW MANY WITH ALL THIS PROPERTY, HOW
12:23:57PM MANY REHABS, TRY TO CALL THEM AND JUST REALLY GET BUSY ON
12:24:03PM THIS.
12:24:04PM THIS IS SOMETHING WE REALLY NEED, ESPECIALLY US SENIORS.
12:24:08PM I HOPE WE CAN WORK IT OUT AND COME UP WITH CHEAP HOMES FOR
12:24:15PM SENIORS TO LIVE IN AND DO WHAT WE CAN TO COME TOGETHER AND
12:24:19PM UNITE AND GET THIS DONE.
12:24:20PM PLEASE, SIR, AND WOMEN AND COUNCIL WOMEN AND MEN, PLEASE
12:24:25PM HELP US SENIORS AND EVERYBODY ELSE IN THE 75, 150 THOUSAND
12:24:32PM DOLLAR RANGE.
12:24:33PM GOD BE WITH YOU ALL.
12:24:34PM PLEASE MAKE AN EFFECT AND DO SOMETHING ABOUT THE COST OF
12:24:38PM LIVING FOR RENT.
12:24:40PM PLEASE.
12:24:41PM THANK YOU.
12:24:41PM >>GUIDO MANISCALCO: YES, MA'AM.
12:24:41PM THANK YOU VERY MUCH.
12:24:42PM YES, MA'AM.
12:24:43PM PLEASE STATE YOUR NAME.

12:24:48PM [ENCODER DISCONNECT]
12:24:52PM >> HOUSING STUDY.
12:24:58PM THANK YOU TO THE STAFF AND THE TEAM FOR ALL THE HARD WORK
12:25:01PM THEY PUT IN THIS.
12:25:02PM UNDERSTANDING THAT YOUR RESPONSIBILITY IS TO TRUST, BUT ALSO
12:25:06PM VERIFY.
12:25:06PM THIS STAFF NOT ONLY HAS TO DEAL WITH THE HOUSING CRISIS, BUT
12:25:11PM THE MYRIAD OF CITY ISSUES.
12:25:15PM SO THEY ARE NOT INFALLIBLE.
12:25:17PM IT TAKES FOR US TO BE ABLE TO MONITOR AND TO HELP THEM BE
12:25:20PM ABLE TO DO THE VERY BEST JOB THEY CAN.
12:25:24PM A COUPLE OF QUESTIONS.
12:25:25PM WE HAVE ON THE ACHIEVABLE TARGETS TO ADDRESS THE NEED.
12:25:29PM UNDER THE UNITS UNDERWAY, HAD A QUESTION.
12:25:33PM SO THE FUN-LAN, I WAS VERY ACTIVE IN THAT DISCUSSION, WAS
12:25:37PM 120% AMI, HAD OVER 300 UNITS.
12:25:41PM BUT UNDER THE WORKFORCE, 88 TO 140, ONLY HAS 38 UNDER WAY.
12:25:47PM SO WANT TO MAKE SURE THAT THOSE ARE ACTUALLY PUT IN AND
12:25:50PM ACCOUNTABLE IN THE AREAS IN WHICH IT SHOULD BE.
12:25:53PM I DON'T KNOW WHERE THE FUN-LAN UNITS ARE.
12:25:55PM ALSO WE HAVE UNDER THE UPDATED HOUSING PRIORITIES, LEVERAGE
12:26:00PM CITY RESOURCES TO FILL THE GAP IN FUNDING FOR WORKFORCE
12:26:03PM HOUSING, 80% TO 140 IN EAST TAMPA.
12:26:07PM OUR AMI IS ABOUT 25,000.
12:26:10PM SO I WANT TO KNOW, DOES THE CDBG PLAN AND THE SHIP PLAN, ARE

12:26:17PM THEY COORDINATED TO BE IN LINE WITH WHAT THE HOUSING PLANS
12:26:20PM ARE TO MAKE SURE THOSE INCENTIVES AND THE ABILITY TO LAYER
12:26:23PM FOR THE PEOPLE WHO ARE INVESTING AND CREATING AFFORDABLE
12:26:26PM HOUSING, WILL WE ALSO MAKE SURE THAT THE CDBG PLAN AND THE
12:26:30PM SHIP PLAN ARE IN LINE TO MAKE SURE BECAUSE WE HAVE THE MONEY
12:26:33PM COMING FROM THE CRA, AND WITH THE NEW AND UPDATED MODEL FOR
12:26:37PM THE CRA, THE COMMUNITY IS NOT AS INFORMED.
12:26:42PM WE HAVE THE MEETING FOR THE CACs, BUT THE INFORMATION FOR
12:26:46PM THAT COMES AFTER THE MEETING, WE'RE ABLE TO GET IT THERE.
12:26:49PM WE'RE NOT ABLE TO PREPARE OUR COMMENTS AND BE ABLE TO
12:26:53PM ACTIVELY PARTICIPATE LIKE WHEN WE HAD THE COMMITTEE TO
12:26:56PM UNDERSTAND WHAT WERE THOSE DISCUSSIONS THAT WOULD COME
12:26:58PM BEFORE YOU, THIS CITY COUNCIL SITTING AS THE CRA.
12:27:01PM SO SEVERAL QUESTIONS TO MAKE SURE, HOW DOES THE COMMUNITY
12:27:04PM MAKE SURE THEY MONITOR OR AT LEAST PARTICIPATE IN THE USE OF
12:27:08PM THE CRA FUNDS ON THERE.
12:27:10PM THOSE ARE THE FEW QUESTIONS THAT I HAVE ON THAT SECTION.
12:27:14PM BECAUSE IF WE ARE GOING TO FOCUS ON THE WORKFORCE HOUSING,
12:27:18PM 80% TO 140, WHEREAS THE AVERAGE MEDIAN INCOME IN EAST TAMPA
12:27:23PM IS 25,000, AND THAT'S WITH THE $15 AN HOUR JOB.
12:27:28PM SOMEBODY WORKING 40 TO 50 HOURS A WEEK, THEY WILL BE
12:27:32PM BRINGING HOME AT LEAST $25,000.
12:27:34PM WHERE DO THEY FIND FULFILLING THIS LEVERAGE OF RESOURCES FOR
12:27:38PM THE WORKFORCE HOUSING.
12:27:40PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, MA'AM.

12:27:42PM YES, SIR.
12:27:42PM PLEASE STATE YOUR NAME.
12:27:45PM >> BOBBY KRADEN.
12:27:48PM I LIVE IN TAMPA.
12:27:52PM >>GUIDO MANISCALCO: PUT WHATEVER YOU NEED AND IT WILL TURN
12:27:55PM ON.
12:27:55PM IF YOU WANT TO ZOOM IN SO WE CAN SEE IT BETTER.
12:28:02PM THANK YOU, SIR.
12:28:03PM >> WE TALKED ABOUT HOW THIS IS A BUFFET AND LOTS OF
12:28:06PM DIFFERENT OPTIONS TO CHOOSE FROM.
12:28:08PM SOME MAY BE MORE PALATABLE THAN OTHERS TO DIFFERENT COUNCIL
12:28:12PM MEMBERS.
12:28:12PM FOR ME, THINKING ABOUT THE CHANGES IN THE COMP PLAN WITH THE
12:28:15PM AFFORDABLE HOUSING BONUSES AND THE CHANGES THAT WE COULD
12:28:17PM MAKE IN THE LAND DEVELOPMENT CODE, FOR ME, THAT'S MY COTTAGE
12:28:22PM CHEESE.
12:28:24PM BLUEBERRIES, STRAWBERRIES AND HONEY ON TOP OF THAT TOO.
12:28:28PM THE LOWEST INCOME BRACKET, THAT NUMBER OVER $300,000 TO
12:28:32PM SUBSIDIZE THAT AND HOW PART OF THAT COMES IN WITH THE
12:28:35PM AFFORDABLE HOUSING BONUS, TO ME, THAT'S REALLY IMPORTANT TO
12:28:38PM THINK ABOUT WHAT THAT ACTUALLY DOES IN TERMS OF CHANGING THE
12:28:42PM BUILT ENVIRONMENT IN THE CITY.
12:28:43PM WE THINK ABOUT HOW LAND USE AND TRANSPORTATION ARE REALLY
12:28:47PM TWO SIDES OF THE SAME COIN.
12:28:49PM CODEPENDENT VARIABLES THAT INFLUENCE ONE ANOTHER IN

12:28:52PM DIFFERENT WAYS.
12:28:53PM SO WHEN WE'RE THINKING ABOUT, TALKED ABOUT THE COUNTY A
12:28:56PM LITTLE BIT, TOO, I'M A NERD, SO I LOVE MAPS.
12:29:00PM I'LL PULL UP A COUPLE OF MAPS HERE.
12:29:02PM WE THINK ABOUT HOW THE DENSITY IN THE CITY AND THE COUNTY
12:29:07PM WILL CHANGE AS MORE PEOPLE COME.
12:29:09PM THE CITY WILL GET ABOUT 400 NEW RESIDENTS PER MONTH.
12:29:13PM WHERE DO WE PUT ALL THOSE PEOPLE WITHOUT THEM SPILLING OUT
12:29:17PM INTO THE COUNTY, SPREADING OUT THE RESOURCES THAT WE HAVE,
12:29:21PM WHERE WE GET LESS BANG FOR OUR BUCK OVER TIME.
12:29:24PM WE COULD SEE, A LOT OF THE NEW DEVELOPMENT IS OUTSIDE OF THE
12:29:27PM CITY LIMITS.
12:29:28PM WE HAVE A NICE PATCH THERE SURROUNDING DOWNTOWN AND UP BY
12:29:31PM USF, BUT EVEN THOUGH THE RATE OF POPULATION GROWTH IS
12:29:35PM GROWING FASTER IN TAMPA, THE VAST MAJORITY OF PEOPLE MOVING
12:29:38PM TO THE AREA ARE GOING TO BE COMING TO OUTSIDE OF THE CITY.
12:29:43PM IT'S ALSO IMPORTANT TO THINK ABOUT WHERE THOSE PEOPLE WILL
12:29:46PM BE TRAVELING.
12:29:48PM THIS IS A MAP OF WHERE THE NEW JOB GROWTH IS EXPECTED TO GO
12:29:51PM IN THE CITY.
12:29:52PM YOU CAN SEE IT'S ALL WITHIN KIND OF THE URBAN SERVICE AREA,
12:29:55PM THE DOTTED BLUE LINE IS THE CITY OF TAMPA.
12:29:57PM SO WE HAVE TO THINK ABOUT HOW ARE THOSE PEOPLE GETTING
12:30:00PM AROUND?
12:30:00PM HOW ARE THE PEOPLE TRAVELING TO THE JOBS FROM OUTSIDE THE

12:30:02PM COUNTY, FROM INSIDE THE CITY?
12:30:04PM THAT'S WHY I THINK IT'S SO IMPORTANT TO REALIZE THE
12:30:08PM POTENTIAL -- MY CLOCK IS NOT GOING.
12:30:11PM I REALIZED THAT.
12:30:12PM REALIZE POTENTIAL OF AFFORDABLE HOUSING BONUS WHERE YOU CAN
12:30:16PM ADD MORE DENSITY.
12:30:17PM YOU HEAR THE PHRASE, DENSITY IS DESTINY.
12:30:20PM WHEN WE'RE THINKING ABOUT HOW OUR CITY IS CHANGING AND THE
12:30:24PM DIFFERENT WAYS WE CAN FIT PEOPLE HERE AND THE DIFFERENT WAYS
12:30:27PM THEY CAN AFFORD TO LIVE HERE, PLEASE BE VERY MINDFUL THAT
12:30:29PM THE LAND DEVELOPMENT CODE NEEDS TO BE STREAMLINED TO THE MAX
12:30:33PM SO WE CAN TAKE FULL POTENTIAL -- FULL ADVANTAGE OF THAT
12:30:37PM POTENTIAL.
12:30:38PM THANK YOU.
12:30:38PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
12:30:40PM YES, MA'AM.
12:30:40PM PLEASE STATE YOUR NAME.
12:30:43PM >> ALICE MOORE WITH FLORIDA RISING.
12:30:47PM LONGTIME RESIDENT OF TAMPA, FLORIDA.
12:30:49PM I'M SPEAKING, WE TALKED ABOUT THE SENIORS AND THERE ARE A
12:30:52PM NUMBER OF SENIORS THAT WE'RE BYPASSING.
12:30:54PM THAT'S IN THE MIDDLE INCOME.
12:30:55PM A LOT OF THE PEOPLE HAVE HAD TO TAKE CARE OF THEIR
12:30:58PM GRANDCHILDREN.
12:30:59PM FORCED TO SELL THEIR HOUSES BECAUSE OF LIFE AND THE

12:31:02PM SITUATIONS.
12:31:03PM I HAVE SIX GRANDCHILDREN.
12:31:04PM I HAVE TAKEN CARE OF EACH CHILD AT DIFFERENT TIMES WHICH
12:31:08PM MEANS YOU START OVER.
12:31:10PM BECAUSE OF THE MIDDLE INCOME, YOU DON'T QUALIFY ANY OF THE
12:31:14PM OTHER THINGS, FOOD STAMPS AND WHATEVER.
12:31:17PM YOU DON'T QUALIFY FOR THAT, BUT YOU'RE STILL DROPPING,
12:31:21PM TAKING CARE OF KIDS FROM THREE YEARS OLD TO TEN YEARS OLD,
12:31:24PM THAT'S REALLY DROPPING A LOT.
12:31:26PM YOU THINK ABOUT HAVING TO SELL YOUR HOUSE, NOT TO MENTION
12:31:30PM REPAIRS HAVING TO COME INTO IT.
12:31:32PM REALLY, SENIORS IN AREAS HAVING A HARD TIME IN MIDDLE
12:31:36PM INCOME.
12:31:37PM THEY ARE DROPPING DOWN TO THE OTHER INCOME.
12:31:39PM BECAUSE YOU DO YOUR PAPERWORK, IT DOESN'T SHOW.
12:31:42PM MEANS YOU'RE STILL MAKING MORE BUT SUFFERED BY HAVING YOUR
12:31:45PM GRANDCHILDREN AND YOUR CHILDREN, BASICALLY GRANDCHILDREN
12:31:47PM BECAUSE YOU DON'T WANT TO SEE THEM GO IN A HOUSING
12:31:50PM SITUATION, SO YOU MAKE IT THE POSSIBILITY TO DO, NOT
12:31:53PM POSSIBILITY, YOU MAKE IT TO DO IT.
12:31:55PM AND YOU'RE TALKING ABOUT STARTING WITH ELEMENTARY, NURSING
12:31:59PM CARE.
12:31:59PM IT'S REALLY HARD.
12:32:00PM IT'S TAKEN FROM THEIR MONEY.
12:32:03PM SO THEY ARE SUFFERING TOO.

12:32:05PM SET OF PEOPLE REALLY HURTING.
12:32:06PM CAN'T GO ANYWHERE AND ASK FOR ANY SUPPORT BECAUSE THEY
12:32:10PM WOULDN'T QUALIFY ANYWAY.
12:32:13PM BE ABLE TO HELP THE FOLKS, TO SAVE THEIR HOUSES, BE ABLE TO
12:32:15PM HELP THEM TO BE ABLE TO GET AROUND.
12:32:18PM TALKING ABOUT INDEPENDENT PEOPLE WHO HAVE WORKED, MADE THEIR
12:32:21PM YEARS IN LIFE AND EVERYTHING AND YOU'RE MAKING THEM SUFFER.
12:32:26PM MAKING THEM SUFFER TO HAVE TO DO.
12:32:28PM AGAIN, FOR SENIORS, IT'S REALLY HARD, BUT FOR THE MIDDLE
12:32:31PM CLASS SENIORS IT'S EQUALLY HARD AND THEY ARE HAVING A TIME.
12:32:34PM PLEASE, YOU NEED TO LOOK OUT, CHECK, AS I SAY, THE CITY IS
12:32:38PM CHANGING.
12:32:39PM YOU GOT A SET OF APARTMENTS THAT PEOPLE WERE FORCED, GOING
12:32:42PM TO BUILD A BASEBALL STADIUM AND THOSE APARTMENTS STILL
12:32:46PM LOOKING AND THEY WERE UNDER HUD.
12:32:48PM THEY ARE STILL EMPTY.
12:32:50PM WE'RE TALKING ABOUT PLACES TO START.
12:32:51PM THEY ARE SITTING THERE.
12:32:52PM LOOK HOW MANY PEOPLE WE CAN HAVE LIVING IN THOSE PLACES
12:32:56PM AGAIN.
12:32:57PM I THINK SOMEONE SAID HUD DROPPED THEIR SUPPLY.
12:33:00PM TALKING ABOUT THE ONES AT 7th AVENUE AND NEBRASKA
12:33:05PM INTERSECT.
12:33:06PM THOSE HAVE BEEN SITTING THERE EVER SINCE THEY STARTED
12:33:09PM DISCUSSING A BASEBALL FIELD.

12:33:12PM IT HAS NEVER HAPPENED.
12:33:14PM THEY ARE STILL EMPTY.
12:33:15PM THAT WOULD HELP A LOT OF FOLKS, TALKING ABOUT DOING, ALL YOU
12:33:18PM HAVE TO DO IS GO IN AND REMODEL IT AND -- IT'S RAT INFESTED
12:33:26PM AND EVERYTHING, BUT IT DOESN'T TAKE THAT MUCH MONEY TO DO
12:33:28PM THAT TO HELP A LOT OF THOSE FOLKS.
12:33:30PM IT'S JUST AS YOU SAY, THE BUILDINGS, THE APARTMENTS SITTING
12:33:33PM THERE AND THOSE PEOPLE WERE FORCED TO MOVE OUT.
12:33:36PM AND THERE WERE SOME SENIORS LIVING IN THOSE PLACES THAT WAS
12:33:39PM ABLE TO HELP THEM AS WELL.
12:33:40PM AND THIS IS SOMETHING WE NEED TO LOOK AT AND CAN BE DONE
12:33:44PM IMMEDIATELY.
12:33:44PM DOESN'T HAVE TO WAIT.
12:33:45PM COULD BE DONE IMMEDIATELY.
12:33:46PM >>GUIDO MANISCALCO: YES, MA'AM.
12:33:47PM THANK YOU VERY MUCH.
12:33:47PM YES, SIR, MR. COLEMAN.
12:33:49PM PLEASE STATE YOUR NAME.
12:33:51PM >> GOOD MORNING.
12:33:52PM DAVE COLEMAN.
12:33:53PM THIS MORNING I HEARD THE WORDS THAT WE'RE GOING TO HAVE TO
12:33:56PM LOOK TO STATE AND FEDERAL AID FOR MORE FUNDS AND REGULATION
12:34:02PM CHANGES.
12:34:02PM AND THEN THAT SAME CONCEPT KIND OF FOLLOWED THROUGH TO THE
12:34:06PM FIRST SLIDE THAT WAS PRESENTED THIS MORNING WHERE IT TALKED

12:34:15PM ABOUT WHAT BOBBY WAS TALKING ABOUT, LAND DEVELOPMENT CODE
12:34:18PM UPDATES AND REFORM.
12:34:19PM I HAVE RECENTLY -- I ATTEND A LOT OF MEETINGS.
12:34:24PM I RECENTLY ATTENDED THE SECOND SULPHUR SPRINGS MEETING.
12:34:27PM THE FIRST ONE HAD 30 PEOPLE, INCREDIBLE MEETING.
12:34:31PM JUST LAST WEEK ANOTHER MEETING AND IT WAS DOUBLE THE AMOUNT
12:34:33PM OF PEOPLE.
12:34:34PM IT WAS ALL ABOUT ADUs.
12:34:37PM AS I LEFT THE MEETING, I WAS STILL A LITTLE CONFUSED.
12:34:40PM I ASKED A LEARNED PERSON IN THIS ROOM, SO IN SULPHUR
12:34:44PM SPRINGS, THEY WERE SAYING YOU CAN'T LIVE IN THE BACK OF THE
12:34:47PM HOUSE AND RENT OUT THE FRONT OF THE HOUSE AND HAS TO BE A
12:34:49PM FAMILY MEMBER AND THERE WAS A QUESTION OF WHETHER YOU COULD
12:34:52PM CHARGE RENT AT ALL.
12:34:53PM THOSE QUESTIONS WEREN'T ANSWERED IN MY MIND AT THAT MEETING
12:34:57PM COMPLETELY.
12:34:57PM WHAT I'M GETTING AT IS THAT ADUs WOULD BE AN ABSOLUTE
12:35:04PM ESSENTIAL PART OF THE PUZZLE, THE SALAD SMORGASBORD THAT
12:35:09PM YOU'RE ALL TALKING ABOUT, AND NEEDS TO BE FOLLOWED THROUGH
12:35:13PM WITH MORE INFORMATION.
12:35:15PM THERE IS A WOMAN SITTING NEXT TO ME SAYING I HAVE 80 GRAND
12:35:18PM IN THE BANK, AND I'M READY TO DO IT.
12:35:20PM JUST DON'T KNOW HOW.
12:35:21PM THAT NEEDS TO BE GOTTEN OUT.
12:35:22PM AS FAR AS KAREN CLAY GOES, JUST LEFT HUNDRED AND WHATEVER

12:35:28PM MILLION DOLLAR HANNA PROJECT BUILDING.
12:35:30PM I WENT TO LEAVE WITH MY CANE AND WENT TO HIT THE BUTTON TO
12:35:34PM OPEN THE DOOR.
12:35:35PM AS YOU LEAVE YOUR HUNDRED MILLION DOLLARS BUILDING IT'S ON
12:35:38PM THE WRONG SIDE.
12:35:39PM I GO TO THE DOOR ON THE RIGHT-HAND SIDE TO EXIT AND THE
12:35:42PM BUTTON IS ON THE LEFT AND I COULDN'T FIND IT.
12:35:46PM IT IS A BOONDOGGLE.
12:35:47PM COME ON, GET THE FRONT DOOR RIGHT ANYWAY.
12:35:51PM I'VE BEEN HAVING THIS THOUGHT THAT THE COUNTY HAS
12:35:54PM $2.3 BILLION.
12:35:56PM THAT'S MORE THAN YOUR BUDGET, SITTING IN A SAVINGS ACCOUNT.
12:35:59PM THEY COULD BUILD THREE HANNA PROJECTS.
12:36:06PM NEVER BEEN IN THAT BUILDING BEFORE AND THERE THE OTHER DAY
12:36:08PM AND LOOKING AT THE SIZE AND SCOPE OF THIS BUILDING AND I
12:36:10PM ASKED THE PERSON AT THE DESK, IS THIS PLACE FULL?
12:36:13PM HE SAID 75%.
12:36:15PM I WANTED TO GO TO THE COUNTY AND ASK THEM TO BUILD THREE
12:36:19PM HANNA AVENUE PROJECTS AND PUT SENIORS IN THERE.
12:36:22PM I KEEP GETTING REQUESTS TO GO OVER AND LIVE AT J.L. YOUNG.
12:36:29PM I'M BEGINNING TO FIGURE OUT THAT NOBODY WANTS TO GO THERE,
12:36:33PM THAT'S WHY THEY KEEP OFFERING IT TO ME.
12:36:35PM IT IS A PRISON CELL OF CINDER BLOCK WALLS WITH ELECTRIC
12:36:39PM WIRING ON EXTERNAL PIPES AND FALLING APART KITCHEN AND
12:36:43PM BATHROOM IN A ONE ROOM FREAKIN' CINDER BLOCK ROOM.

12:36:48PM IT IS A PRISON SELL.
12:36:49PM I SAID I'LL GO THERE WHEN I HAVE TO FOR ONE-THIRD OF MY
12:36:53PM INCOME.
12:36:54PM I'LL HOLD OFF IN MY TRAILER FALLING APART FOR AS LONG AS I
12:36:58PM POSSIBLY CAN.
12:36:59PM WE CAN CHANGE THINGS.
12:37:00PM DO IT.
12:37:01PM >>GUIDO MANISCALCO: YES, SIR.
12:37:03PM YES, MA'AM.
12:37:04PM THEN WE HAVE ONE PERSON REGISTERED ONLINE.
12:37:09PM CARROLL ANN BENNETT.
12:37:11PM YES, MS. LOCKETT.
12:37:13PM >> ROBIN LOCKETT.
12:37:15PM READ SOMETHING QUICKLY.
12:37:18PM THOUGH WE REMAIN COMMITTED TO FACILITATING THE CREATION OF
12:37:20PM NEW UNITS, NOT EVERYBODY IS READY TO BE A HOMEOWNER, FOR
12:37:25PM HOME OWNERSHIP.
12:37:25PM IT'S IMPORTANT FOR OUR CITY TO OFFER RESIDENTS A VARIETY OF
12:37:30PM OPTIONS, LIKE MULTIFAMILY RENTAL DEVELOPMENTS OR PERHAPS
12:37:33PM EXPAND ACCESS TO ACCESSORY DWELLING UNITS.
12:37:37PM WITH OUR SOCIETY AND HOUSEHOLD DYNAMICS, CONTINUOUSLY
12:37:41PM EVOLVING, WE MUST OPEN TO EXPLORE POSSIBLE ZONING, AND WE'RE
12:37:45PM TALKING ABOUT THAT, LAND USE, AND POLICY CHANGES IN ORDER TO
12:37:48PM ADDRESS THIS CRISIS.
12:37:51PM WE ARE IN A HOUSING CRISIS.

12:37:55PM THE MARKET HAS EXPANDED.
12:37:57PM IT'S TOO MUCH IN REGARDS TO BUYING HOMES.
12:38:02PM THAT'S AN ISSUE.
12:38:03PM RENTALS ARE AN ISSUE.
12:38:05PM THIS WHOLE THING, RIGHT?
12:38:06PM IN LIFE, THIS SITUATION IS A PUZZLE AND EVERYBODY HAS A
12:38:12PM PIECE.
12:38:12PM NOT FOR ONE TO BE SMALLER OR THE OTHER.
12:38:14PM WHAT WE'RE DOING IS PLACING A PIECE OF PAPER OUT AND MAKING
12:38:19PM THE PIECES FIT, NOT FORCEFULLY, BUT MAKING IT FIT.
12:38:25PM I FIGHT FOR THE WORKING PERSON THAT HAS TWO JOBS.
12:38:30PM I FIGHT FOR THE ELDERLY, THE DISABLED ON FIXED INCOME.
12:38:37PM NOT EVERYONE IS GOING TO OWN A HOME.
12:38:40PM I WAS A HOMEOWNER.
12:38:41PM I RENT NOW, BUT THAT'S BY CHOICE.
12:38:44PM THE ELDERLY, THE SENIORS, THEY MAY HAVE OWNED A HOME, AND
12:38:50PM THEY NO LONGER CAN.
12:38:52PM IT'S A LOT TO DO, RIGHT?
12:38:54PM TAXES, UPKEEP.
12:38:56PM THAT'S WHY YOU HAVE A REHAB PROGRAM.
12:39:01PM SO WITH THIS, I CAME DOWN LAST WEEK OR A COUPLE OF WEEKS AGO
12:39:05PM AND TALKED ABOUT THE LENS.
12:39:08PM WE HAVE TO BE ABLE TO TAKE A STEP BACK AND LOOK AT THINGS
12:39:11PM FROM A DIFFERENT LENS.
12:39:13PM WE FOUGHT HARD TO GET THAT MONEY INTO THAT BUDGET, $12

12:39:17PM MILLION AND YOU ALL WERE HAPPY.
12:39:20PM EVERYBODY -- DON'T BACKSTEP.
12:39:22PM DON'T START NIT-PICKING.
12:39:24PM NICOLE TRAVIS, HER TEAM, ALIS AND EVERYBODY HAS DONE A GREAT
12:39:29PM JOB.
12:39:30PM THIS IS THE -- THIS IS GREAT WORK.
12:39:32PM ALLOW THEM TO PUT THIS INTO ACTION.
12:39:36PM ALLOW THEM TO PUT IT INTO ACTION.
12:39:39PM WHEN WE START TALKING ABOUT WHAT IF, WE NEED TO, THIS IS THE
12:39:48PM PLAN, BUT THEY NEED MONEY.
12:39:55PM THE COVID PROVIDED EVIDENCE THAT WE'VE BEEN STRUGGLING A
12:39:59PM WHOLE LONG -- JUST UNVEILED IT.
12:40:02PM IT REVEALED IT, THAT THIS IS A PROBLEM TO BEGIN WITH, THAT
12:40:07PM WE WERE COMPLAINING ABOUT.
12:40:09PM NOW WE HAVE AN OPPORTUNITY TO STEP OUTSIDE OF THE BOX, BE
12:40:14PM CREATIVE, BE CREATIVE, AND LET IT GO.
12:40:17PM SO I'LL BE BACK UP AGAIN.
12:40:19PM >>GUIDO MANISCALCO: YES, MA'AM.
12:40:19PM THANK YOU VERY MUCH.
12:40:20PM WE HAVE CARROLL ANN BENNETT ONLINE.
12:40:22PM MS. BENNETT, IF YOU'RE ON, PLEASE UNMUTE YOURSELF.
12:40:25PM YOU HAVE THREE MINUTES.
12:40:26PM SHE WILL BE THE FINAL SPEAKER FOR THIS ROUND.
12:40:28PM THEN WE'LL BREAK FOR LUNCH.
12:40:30PM CARROLL ANN BENNETT, IF YOU ARE ON.

12:40:37PM >> HI.
12:40:37PM MY NAME IS CARROLL ANN BENNETT.
12:40:43PM I WANT TO COMMENT.
12:40:46PM I WAS HAPPY THAT COUNCILWOMAN HENDERSON BROUGHT UP THE
12:40:49PM FUN-LAN PROBLEM WITH THE DENSITY.
12:40:52PM I REMEMBER COUNCILWOMAN HURTAK'S OBJECTION TO IT.
12:40:58PM I ABSOLUTELY AGREE WITH COUNCILWOMAN HURTAK.
12:41:01PM WE CAN HAVE DENSITY THAT EVERYBODY CAN AGREE ON IF IT'S DONE
12:41:07PM SMARTLY.
12:41:09PM IT'S THE STUPID DENSITY THAT CREATES THE PROBLEM.
12:41:12PM SO COUNCILWOMAN HURTAK WAS ADVOCATING FOR MORE DENSITY, BUT
12:41:15PM WHAT SHE WANTED WAS MORE STORIES ON HILLSBOROUGH AVENUE SO
12:41:21PM THAT -- YOU DIDN'T HAVE THESE LOOMING VULTURE-LIKE
12:41:28PM HIGH-RISES HANGING OVER SOMEONE'S SINGLE-FAMILY HOME WHERE
12:41:30PM THEY ARE ALWAYS IN THE SHADE.
12:41:32PM THAT WAS A SMART WAY TO CREATE THAT DENSITY WAS TO HAVE MORE
12:41:37PM -- ON THE MAJOR HIGHWAY AND THEN YOU GRADUATE DOWN TO THE
12:41:40PM NEIGHBORHOODS.
12:41:40PM IT'S UNFORTUNATE IT DIDN'T HAPPEN THAT WAY.
12:41:43PM BUT THERE ARE WAYS TO GET PEOPLE TO AGREE ON THINGS.
12:41:46PM I WANT TO POINT OUT -- AND THIS IS A PERFECT EXAMPLE IS
12:41:49PM BAYSHORE TRACE ON BAYSHORE BOULEVARD.
12:41:54PM IT HAS DENSITY.
12:41:55PM IT'S MULTIFAMILY, BUT IT'S ONLY THREE STORIES TALL.
12:41:59PM SO WHAT THAT MEANS IS YOU HAVE LESS SQUARE FOOTAGE PER UNIT

12:42:02PM WHICH MAKES IT NATURALLY MORE AFFORDABLE, EVEN THOUGH IT IS
12:42:05PM NOT INCOME-BASED.
12:42:07PM THE BAY OAKS WAS REPLACED WITH RITZ-CARLTON.
12:42:11PM THE NUMBER OF UNITS WAS ESSENTIALLY THE SAME, BUT WE WENT
12:42:14PM FROM TWO-STORY UNITS WITH THREE DOZEN OAK TREES TO 27 UNITS
12:42:21PM WITH TWO OAK TREES.
12:42:23PM THAT IS NOT THE SMART WAY TO GROW.
12:42:27PM I WANT EVERYBODY TO PLEASE, WHAT STEPHEN BENSON PRESENTED IN
12:42:31PM THIS, I WANT EVERYBODY TO LOOK AT IT AGAIN.
12:42:34PM WE NEED TO GET INTO THE MEAT OF THAT.
12:42:37PM ONE OF THE THINGS THAT'S DRIVING UP THE COST AND THE OVERALL
12:42:42PM PROBLEM IS THE FACT THAT HOUSEHOLD SIZE IS SHRINKING, THE
12:42:47PM SQUARE FOOTAGE OF THE UNITS IS INCREASING AND THAT'S WHAT IS
12:42:50PM DRIVING UP THE COST.
12:42:51PM IF YOU TAKE A 1200-SQUARE-FOOT HOME AND YOU TEAR IT DOWN AND
12:42:55PM YOU BUILD A THREE, FOUR, FIVE THOUSAND SQUARE FOOT HOME, YOU
12:42:59PM STILL HAVE THE SAME NUMBER OF UNITS BUT YOU'VE DRIVEN UP THE
12:43:03PM COST.
12:43:03PM WE NEED TO PRESERVE THIS HOUSING.
12:43:07PM WE CANNOT BUILD MISSING MIDDLE AS FAST AS IT'S BEING
12:43:10PM BULLDOZED.
12:43:11PM IF WE ARE BULLDOZING THE MISSING MIDDLE AND REPLACING IT
12:43:15PM WITH THESE LARGER HOMES THAT ARE NOT AFFORDABLE, AND THAT IS
12:43:20PM A -- CONSERVING THIS STOCK OF OLDER, SMALLER HOMES IS ONE OF
12:43:24PM THE PIECES OF THE PUZZLE.

12:43:27PM WE NEED TO BE LOOKING AT THAT.
12:43:28PM THANK YOU.
12:43:28PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
12:43:29PM THAT CONCLUDES PUBLIC COMMENT FOR THIS SESSION.
12:43:32PM AT THIS POINT, I'D LIKE TO RECESS FOR LUNCH UNTIL 2:00.
12:43:37PM IS THAT ALL RIGHT?
12:43:38PM IT'S A QUARTER TO 1.
12:43:41PM THEN WE'LL CONTINUE ON.
12:43:43PM MR. DRUMGO, HOW MANY MORE SECTIONS DO YOU HAVE?
12:43:46PM WAS IT THREE MORE?
12:43:48PM >>ALIS DRUMGO: THAT'S CORRECT.
12:43:49PM >>GUIDO MANISCALCO: OKAY.
12:43:49PM THEN WE'LL HAVE MORE PUBLIC COMMENT AS WELL.
12:43:52PM >>ALIS DRUMGO: IF I MAY, TOO, WHEN WE RETURN FROM LUNCH, CAN
12:43:55PM WE LOOK AT A POSSIBILITY OF LIMITING THE PUBLIC COMMENT TO
12:43:59PM THE CONTENT THAT WE'RE PRESENTING DURING THAT BLOCK?
12:44:01PM WE'RE GETTING QUESTIONS IN VARIOUS BLOCKS.
12:44:04PM >>GUIDO MANISCALCO: WE'LL TALK ABOUT IT WHEN WE GET BACK AND
12:44:06PM FIGURE IT OUT.
12:44:07PM WE ARE IN RECESS.
12:44:08PM THANK YOU.
12:44:08PM [ SOUNDING GAVEL ]
12:44:09PM [LUNCH RECESS]
2:04:08PM [ SOUNDING GAVEL ]
2:04:09PM >>GUIDO MANISCALCO: WELCOME BACK TO TAMPA CITY COUNCIL'S
2:04:11PM WORKSHOP.
2:04:11PM AT THIS TIME, CAN WE HAVE ROLL CALL, PLEASE?
2:04:15PM >>BILL CARLSON: HERE.
2:04:15PM >>LYNN HURTAK: HERE.
2:04:16PM >>ALAN CLENDENIN: HERE.
2:04:19PM >> HENDERSON?
2:04:19PM VIERA?
2:04:20PM MIRANDA?
2:04:22PM >>CHARLIE MIRANDA: HERE.
2:04:22PM >>GUIDO MANISCALCO: HERE.
2:04:23PM >>THE CLERK: WE HAVE A PHYSICAL QUORUM.
2:04:25PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
2:04:26PM MR. DRUMGO, IF YOU WANT TO KICK IT OFF WITH LAND USE
2:04:30PM POLICIES AND INCENTIVES.
2:04:31PM >>ALIS DRUMGO: DIRECTOR BENSON WILL BE COVERING THIS TOPIC.
2:04:35PM I WANTED TO ASK IF WE COULD HAVE THE OPPORTUNITY TO SPEAK TO
2:04:38PM SOME OF THE QUESTIONS THAT CAME UP DURING THE Q & A.
2:04:40PM I KNOW THERE WERE A LOT OF QUESTIONS FROM PUBLIC COMMENT.
2:04:43PM IT DOESN'T LOOK LIKE WE HAVE THE SAME CROWD THAT WE HAD
2:04:45PM BEFORE LUNCH.
2:04:46PM IF WE HAVE THE SERIES OF QUESTIONS, GIVE US THE OPPORTUNITY
2:04:48PM TO RESPOND TO THOSE.
2:04:51PM ALSO, WE ASK THAT THE PUBLIC COMMENT BE LIMITED TO THOSE
2:04:54PM ITEMS WE'RE DISCUSSING IN THAT PARTICULAR SECTION.
2:04:58PM >>GUIDO MANISCALCO: THIS WILL BE LIMITED TO LAND USE POLICY

2:05:00PM AND INCENTIVES FOR CLARIFICATION.
2:05:02PM THANK YOU VERY MUCH.
2:05:03PM YES, SIR, MR. BENSON.
2:05:05PM GO AHEAD, SIR.
2:05:07PM >>STEPHEN BENSON: THANK YOU, COUNCIL.
2:05:08PM STEPHEN BENSON, CITY PLANNING.
2:05:10PM AS YOU'RE AWARE, OVER THE LAST SEVERAL YEARS, THE PLANNING
2:05:15PM COMMISSION AND CITY STAFF HAVE BEEN WORKING WITH YOU TO
2:05:18PM UPDATE TAMPA'S COMPREHENSIVE PLAN.
2:05:21PM MOVING FORWARD, THE UPDATES TO THE FUTURE LAND USE SECTION,
2:05:25PM ESPECIALLY WILL INFORM AND GUIDE HOUSING GOALS.
2:05:29PM A CONSENSUS-DRIVEN APPROACH TO GROWTH AND CHANGE IS GOING TO
2:05:33PM POSITION US TO ENSURE THESE THREE AREAS ON THE SLIDE ARE
2:05:38PM REALLY BEING ADDRESSED.
2:05:39PM SUPPLY, MAKING SURE THAT JUST FROM A GENERAL STANDPOINT, ALL
2:05:42PM HOUSING, ALL RESIDENTIAL DEVELOPMENT THAT WE'RE CREATING AN
2:05:45PM ENVIRONMENT SO THAT WE CAN PRODUCE THE RIGHT SUPPLY THAT WE
2:05:48PM NEED FOR THE FUTURE.
2:05:49PM MORE AFFORDABLE UNITS WITHIN EACH RESIDENTIAL PROJECT IS, OF
2:05:52PM COURSE, AT THE CENTER OF THAT.
2:05:53PM LOCATION IS THE SECOND WAY THAT THIS UPDATE IS SORT OF
2:05:59PM INFLUENCING THE DIRECTION.
2:06:00PM MORE AFFORDABLE HOUSING WHERE WE NEED IT THE MOST.
2:06:03PM THEN, OF COURSE, EQUITY, SPECIFICALLY LOOK AT MAKING SURE
2:06:06PM THAT HOUSING WILL SERVE EVERYBODY IN OUR COMMUNITY,

2:06:09PM ESPECIALLY THOSE AT THE LOWER RANGES OF THE AFFORDABILITY
2:06:13PM SCALE.
2:06:14PM THE CONCEPTS THAT HAVE RISEN TO THE TOP DURING THIS
2:06:19PM CONSENSUS-DRIVEN PROCESS HAVE BEEN THE RESULT OF DIALOGUE,
2:06:23PM FOCUSED ON HOW WE SHOULD GROW SUSTAINABLY.
2:06:27PM THREE ACTIVITY CENTERS, DOWNTOWN, WESTSHORE, USF, ALONG
2:06:31PM MAJOR CORRIDORS, CONCEPTS SUCH AS NEIGHBORHOOD COMMERCIAL
2:06:34PM DISTRICTS ARE THINGS THAT ARE COMING INTO THE FOREFRONT.
2:06:39PM AS WELL AS GROWING SUSTAINABLY WITHIN OUR COMMUNITY
2:06:42PM REDEVELOPMENT AREAS, CRAs.
2:06:45PM WHAT'S IMPORTANT TO NOTE, THOUGH, IS WHILE THE CONCEPT OF
2:06:48PM INCLUSIONARY ZONING THAT HAS BEEN BROUGHT UP OVER THE LAST
2:06:51PM SEVERAL YEARS, ESPECIALLY DURING PUBLIC COMMENT, WHILE THAT
2:06:54PM CONCEPT IS NOT POSSIBLE UNDER FLORIDA LAW, WE ARE LOOKING TO
2:06:58PM SHARPEN OTHER TOOLS AND SIMILAR TOOLS TO HELP MEET OUR
2:07:01PM HOUSING GOALS AND GET AS CLOSE TO THAT AS WE POSSIBLY CAN
2:07:04PM PRIMARILY THROUGH THE BONUS DENSITY PROGRAM.
2:07:07PM OVER THE LAST TWO YEARS, ABOUT 2500 UNITS HAVE BEEN ADDED TO
2:07:11PM THE FUTURE LAND USE MAP THROUGH COMPREHENSIVE PLAN
2:07:14PM AMENDMENTS THAT HAVE BEEN APPROVED BY CITY COUNCIL.
2:07:15PM WE ENVISION THAT THE BONUS PROGRAM MOVING FORWARD CAN BECOME
2:07:19PM A VIABLE ALTERNATIVE TO THAT SO YOU'RE NOT ESSENTIALLY
2:07:22PM PUTTING 2500 MORE UNITS ON THE MAP AT ANY INCOME LEVEL.
2:07:26PM BUT THAT A PORTION OF THOSE ARE ACTUALLY BEING SET ASIDE.
2:07:29PM AS YOU DECIDE THAT MORE DENSITY MIGHT BE WARRANTED IN A

2:07:31PM PARTICULAR LOCATION OR WITH A PARTICULAR PROJECT, THERE'S
2:07:34PM ALSO THE MECHANISM TO ENSURE THAT SOME OF THOSE UNITS ARE
2:07:37PM GOING TO BE INCOME RESTRICTED.
2:07:39PM THAT IS NOT SOMETHING WE CAN DO TODAY DUE TO THE LIMITATIONS
2:07:41PM OF THE CURRENT STRUCTURE.
2:07:43PM WHAT IS A BONUS?
2:07:45PM I THINK ALL OF YOU ARE AWARE OF THAT.
2:07:48PM BONUS IS ADDITIONAL DENSITY IN EXCHANGE FOR A PUBLIC BENEFIT
2:07:51PM OF SOME KIND.
2:07:52PM CURRENT BONUS PROGRAM IS ENABLED IN THE COMPREHENSIVE PLAN,
2:07:55PM THAT'S WHY WE'RE TALKING ABOUT IT THROUGH THAT LENS FIRST,
2:07:58PM BUT IT'S IMPLEMENTED IN THE LAND DEVELOPMENT CODE.
2:08:00PM UNLIKE COMPREHENSIVE PLAN AMENDMENT, UNDER FUTURE LAND USE
2:08:04PM CHANGE, BONUS IS DISCRETIONARY, MEANING THAT IT IS NOT A BY
2:08:07PM RIGHT ENTITLEMENT AND THERE IS DISCRETION AS TO WHETHER OR
2:08:10PM NOT IT WAS GRANTED.
2:08:11PM IT'S NOT SOMETHING THAT YOU HAVE TO AWARD TO AN APPLICANT.
2:08:14PM IN TERMS OF AFFORDABLE HOUSING, THAT IS THE PUBLIC BENEFIT
2:08:17PM THAT WE'RE FOCUSING ON TODAY AND WITH THIS UPDATE.
2:08:20PM A MINIMUM NUMBER OF UNITS MUST BE RENTED OR SOLD AT AN
2:08:24PM AFFORDABLE PRICE TO A PREDETERMINED INCOME LEVEL FOR A SET
2:08:28PM PERIOD OF TIME.
2:08:28PM THAT IS THE PUBLIC BENEFIT THAT WE'RE TRYING TO ACHIEVE IN
2:08:31PM EXCHANGE FOR THE ADDITIONAL -- EXCHANGE FOR DENSITY
2:08:34PM INCREASES WHEN THEY ARE UNDER CONSIDERATION.

2:08:36PM THE SPECIFICS OF HOW THE BONUS DENSITY PROGRAM MIGHT BE
2:08:41PM CHANGED AND WITH THE RECOMMENDED CHANGE, IT'S REALLY FIVE
2:08:45PM SPECIFIC WAYS.
2:08:47PM RIGHT NOW THE SAME BONUS IS REALLY APPLIED -- REALLY
2:08:50PM ELIGIBLE CITYWIDE DEPENDING ON WHAT LAND USE CATEGORY YOU'RE
2:08:53PM IN, ANYWHERE IN THE CITY, YOU CAN GET THE MAXIMUM BONUS FOR
2:08:57PM THAT SPECIFIC CATEGORY.
2:08:59PM WHAT WE WOULD LIKE TO DO AND WHAT THE PLANNING COMMISSION
2:09:01PM HAS WORKED WITH US TO DO IS TO PUT FORWARD IDEAS AS TO WHERE
2:09:05PM WE WANT TO ALIGN THE BONUS WITH THE GROWTH STRATEGY FOR THE
2:09:07PM CITY, TO MAKE SURE THAT WE ARE GETTING MORE AFFORDABLE UNITS
2:09:10PM WHERE THERE IS INCREASED DEMAND BUT WHERE IT IS ALSO
2:09:13PM APPROPRIATE TO DO SO.
2:09:14PM THE SECOND WAY IN WHICH WE WOULD LIKE TO RECOMMEND THIS
2:09:17PM MOVING FORWARD IS THAT CURRENTLY --
2:09:25PM [ENCODER DISCONNECT]
2:09:28PM -- THE THRESHOLD TO EARN THE BONUS, TO EARN THE ADDITIONAL
2:09:32PM -- MUST BE AFFORDABLE.
2:09:35PM THE AFFORDABILITY RANGE IS UP TO 120% AMI.
2:09:39PM WHAT WE WOULD LIKE TO DO IS INCREASE THAT.
2:09:42PM SO IF YOU ARE PROVIDING 15% OR 20%, WE CAN ACTUALLY
2:09:46PM COMPENSATE YOU FOR THAT THROUGH ADDITIONAL BONUS UNITS SO
2:09:48PM THAT THERE IS AN INCENTIVE TO DO IT.
2:09:50PM RIGHT NOW THERE IS NOT AN INCENTIVE TO GO ABOVE 10%, SO WHY
2:09:54PM WOULD ANYBODY DO THAT?

2:09:55PM THE INTENDED OUTCOME IS MORE AFFORDABLE UNITS SET ASIDE IN
2:09:59PM EACH PROJECT.
2:10:00PM THIRD AREA IS THE AFFORDABILITY SCALE.
2:10:02PM RIGHT NOW TO PARTICIPATE IN THE BONUS PROGRAM IT'S 80 TO 120
2:10:05PM AND NO INCENTIVE TO SERVE THOSE LOWER INCOME LEVELS LIKE TO
2:10:12PM CREATE AN INCENTIVE AT OR BELOW 80% AMI, DIRECTION ALREADY
2:10:15PM GIVEN BY THIS BODY.
2:10:18PM MORE UNITS FOR LOWEST INCOME HOUSEHOLDS.
2:10:24PM FOURTH CHANGE, BONUS CEILINGS RIGHT NOW DEPENDING ON THE
2:10:27PM CATEGORY AGAIN REALLY ARE LIMITED TO ONLY A 10% INCREASE OR
2:10:31PM 25% INCREASE REALLY IS THE MAXIMUM.
2:10:33PM ABOVE THAT BASE DENSITY THEY WERE ALLOWED TO GET.
2:10:36PM THAT INVISIBLE AREA IN THE PREVIOUS SLIDE, THAT INVISIBLE
2:10:41PM AREA IS LIMITED.
2:10:48PM AS A RESULT, THE AMOUNT OF AFFORDABLE UNITS IS LIMITED.
2:10:53PM SHOULD BE YOU CAN NEGOTIATE, WHILE YOU ARE AMENDING THE
2:10:55PM PLAN, YOU CAN DO A BONUS AND GET THE UNITS AND SET ASIDE
2:10:58PM SOME AFFORDABLE.
2:10:59PM RIGHT NOW IT IS NOT POSSIBLE THE WAY IT IS CALIBRATED.
2:11:02PM THE FIFTH AND FINAL PROGRAM RECOMMENDATION, RELATED TO CODE
2:11:10PM REQUIREMENTS WHICH WE'LL SPEAK ABOUT SHORTLY.
2:11:12PM AGAIN, LOOKING AT DECISIONS THAT HAVE BEEN MADE IN THE PAST
2:11:16PM IN TERMS OF WAIVERS GRANTED BY COUNCIL AND THEN OTHER TYPES
2:11:19PM OF ZONING RELIEF NEEDED TO MAKE THE PROJECTS WORK.
2:11:23PM INTENDED OUTCOME THAT WE GET MORE AFFORDABLE UNITS WITH

2:11:26PM PROJECTS.
2:11:27PM AS FAR AS HOW WE GO ABOUT CALIBRATING THAT, THE GOAL IS TO
2:11:30PM INCREASE PRODUCTION OF INCOME RESTRICTED UNITS.
2:11:33PM I THINK EVERYBODY IS COMFORTABLE WITH THAT WITH FOCUS ON
2:11:35PM REASONABLE RETURN ON INVESTMENT.
2:11:36PM THAT IS THE INCENTIVE.
2:11:37PM REASONABLE RETURN ON THE INVESTMENT, THEN THE MARKET SHOULD
2:11:40PM RESPOND BY PARTICIPATING IN THE PROGRAM.
2:11:41PM THE CONSIDERATIONS THAT HAVE TO GO INTO THAT, HOWEVER, WILL
2:11:45PM INCLUDE THE AMOUNT OF UNITS AND THE AFFORDABILITY LEVEL, THE
2:11:49PM LOCATION AND COST OF LAND, THE CONSTRUCTION COSTS PER SQUARE
2:11:52PM FOOT.
2:11:53PM I THINK ALIS MENTIONED THAT CAN VARY WIDELY DEPENDING ON
2:11:57PM WHAT TYPE OF BUILDING TYPE YOU'RE TALKING ABOUT AND OTHER
2:12:01PM FACTORS SUCH AS STRUCTURED PARKING VERSUS SURFACE PARKING.
2:12:04PM AGAIN, WILDLY DIFFERENT EXPECTATIONS IN TERMS OF COSTS.
2:12:07PM ALL OF THOSE NEED TO GET FACTORED INTO THIS.
2:12:09PM FINALLY, LOOKING AT INTEREST RATES AND FINANCING CONSTRAINTS
2:12:12PM BECAUSE THAT IS ALSO A FACTOR DRIVING PARTICIPATION.
2:12:15PM THIS IS A CONCEPTUAL EXAMPLE OF WHAT WE'RE TALKING ABOUT.
2:12:19PM AGAIN, INSTEAD OF BEING BINARY, YOU'RE PARTICIPATING IN THE
2:12:22PM PROGRAM, YOU'RE GIVING US 10%, GIVING YOU THE BONUS, WE WANT
2:12:26PM TO CREATE A SLIDING SCALE SO THAT, FOR INSTANCE, RIGHT NOW,
2:12:31PM AT THE MODERATE INCOME LEVEL ON THE VERY FAR RIGHT, IF YOU
2:12:34PM PROVIDE A LOW AMOUNT OF MODERATE INCOME UNITS, YOU GET A LOW

2:12:38PM AMOUNT OF AFFORDABLE UNITS.
2:12:40PM AS YOU MOVE DOWN THE SCALE AND MOVE ALONG THE CHART, THE
2:12:43PM NUMBER OF HOUSES ON THE SCREEN GET BIGGER, BUT WHAT WE WANT
2:12:47PM TO BE ABLE TO DO IS PRIORITIZE THE VERY, VERY LOW INCOME
2:12:50PM LEVELS BY ESSENTIALLY GIVING THEM MORE BONUS UNITS SO IT
2:12:53PM MAKES UP FOR THE ADDITIONAL SUBSIDY THEY HAVE TO PROVIDE TO
2:13:03PM GIVE US A 50% UNIT.
2:13:05PM RIGHT NOW, AGAIN -- REAL-WORLD, QUOTE, UNQUOTE, TESTING IS
2:13:13PM REALLY NEEDED TO LOOK AT AFFORDABLE HOUSING PROJECT
2:13:16PM SCENARIOS IN TODAY'S MARKET.
2:13:18PM THAT IS SOMETHING WE'RE GOING TO BE ENLISTING THE ASSISTANCE
2:13:20PM OF A CONSULTANT TO DO TO TEST PROJECTS TO ACTUALLY FILL IN
2:13:23PM THE BOXES WITH NUMBERS FOR YOU.
2:13:25PM BEFORE THIS COMES FORWARD FOR ACTUALLY CODIFYING, THAT
2:13:29PM INFORMATION WE BROUGHT FORWARD IN WORKSHOP WITH YOU AS WELL.
2:13:31PM BUT THIS IS THE DIRECTION WE'RE GOING IN.
2:13:33PM WE WANT TO MAKE SURE IT'S CLEAR.
2:13:35PM A GOOD CHUNK OF THIS IS IN THE COMP PLAN.
2:13:37PM A GOOD CHUNK IN THE CODE.
2:13:39PM IT WILL COME LATER BUT THE COMP PLAN NEEDS TO SET THE STAGE.
2:13:42PM THAT'S WHAT WE'VE DONE.
2:13:44PM I'LL PASS IT TO ABBYE TO SPEAK TO THE REST OF THE PROGRAM.
2:13:47PM THANK YOU.
2:13:49PM >>ABBYE FEELEY: GOOD AFTERNOON, COUNCIL.
2:13:50PM ABBYE FEELEY.

2:13:53PM I WANT TO JUST START OFF BY SAYING AS WE'VE HEARD FROM
2:13:58PM TODAY, ADDRESSING THE HOUSING CRISIS IS A VERY MULTIFACETED
2:14:01PM APPROACH.
2:14:02PM WE NEED LOTS OF TOOLS IN OUR TOOLBOX.
2:14:04PM WE CAN'T JUST CHANGE THE LAND USE.
2:14:06PM WE CAN'T JUST BUILD THE UNITS.
2:14:08PM WE TOUCHED ON TRANSPORTATION, AND WE TOUCHED ON THE
2:14:12PM RELATIONSHIPS BETWEEN HOUSING AND TRANSPORTATION AND HOUSING
2:14:16PM AND OTHER USES.
2:14:19PM THE LAND DEVELOPMENT CODE UPDATE OR REFORM, WHICH WE HAVE
2:14:22PM BEEN TALKING ABOUT FOR SOME TIME NOW SHOULD BE KICKING OFF
2:14:29PM IN THE BEGINNING OF MAY.
2:14:31PM I'M NEGOTIATING THE FINAL TERMS OF THE AGREEMENT RIGHT NOW
2:14:34PM TO COME BEFORE YOU AT THE END OF MARCH.
2:14:38PM THE RFP FOR THE CONSULTANT WENT OUT IN EARLY SUMMER AND THAT
2:14:43PM SELECTION PROCESS HAS CONCLUDED.
2:14:46PM SO AS WE START TO KICK THAT OFF, THAT'S GOING TO INCLUDE
2:14:52PM MANY -- WITH YOUR COMP PLAN, YOU HAVE THE POLICIES
2:14:57PM OBJECTIVES, YOUR LAND DEVELOPMENT CODE IMPLEMENTS THAT.
2:15:00PM IT WILL HAVE ALL OF THE REGULATIONS WHICH WILL BRING THE
2:15:02PM BONUS PROGRAM INTO FRUITION.
2:15:05PM I'LL TALK ABOUT THAT IN A MINUTE.
2:15:07PM BUT THAT PART WE'LL ACTUALLY HAVE COME BEFORE THE CODE
2:15:10PM REFORM SINCE THE CODE REFORM IS GOING TO BE A MULTIYEAR
2:15:15PM PROCESS.

2:15:15PM THE FIRST PART OF THAT PROCESS IS DOING AN ASSESSMENT OF OUR
2:15:18PM CURRENT CODE.
2:15:20PM AS YOU KNOW AND IN YOUR DISCUSSIONS, AS YOU HAVE REZONING
2:15:24PM HEARINGS, WHY DO WE HAVE SO MANY PDs.
2:15:26PM WHY DO WE HAVE THIS?
2:15:27PM WHY ISN'T THIS WORKING?
2:15:28PM IF WE'RE GRANTING ALL THE WAIVERS, WHY DOESN'T THE CODE
2:15:32PM ALLOW THAT IF THAT'S APPROPRIATE?
2:15:33PM THE FIRST PART OF THE REFORM WILL BE THAT ASSESSMENT OF THE
2:15:39PM CURRENT CODE, WHICH WILL COME BACK WITH A FULL ANALYSIS OF
2:15:41PM OUR CODE, WHERE THERE CAN BE OTHER CHANGES.
2:15:47PM AND THE OTHER KEY PRIORITY, I HAVE EXPRESSED THE CONSULTANT,
2:15:51PM ONE OF OUR KEY PRIORITIES IS HOUSING AFFORDABILITY.
2:15:54PM AND THIS GROUP HAS WORKED WITH OTHER JURISDICTIONS IN THE
2:15:58PM STATE OF FLORIDA AND ELSEWHERE TO WEAVE THOSE OPPORTUNITIES
2:16:04PM BACK INTO THE CODE.
2:16:05PM THIS INCLUDES ADUs.
2:16:06PM THIS INCLUDES TRANSECT AND CORRIDOR PLANNING.
2:16:09PM THEY HAD A LARGE TRANCHE OF THEIR PROPOSAL BASED ON A
2:16:13PM FORM-BASED CODE WHERE I SAID I WOULD REALLY LIKE TO SEE US
2:16:16PM BUILD ON THE CORRIDORS THAT STEPHEN HAS TALKED ABOUT, THAT
2:16:20PM COUNCILMAN CARLSON HAS TALKED ABOUT, HAVING THOSE
2:16:23PM NEIGHBORHOOD COMMERCIAL CORRIDORS OR MAIN STREET CORRIDORS
2:16:25PM WHICH CREATE THAT TRANSIT RELATIONSHIP AND THE DENSITY IS
2:16:29PM APPROPRIATE TO PROVIDE HOUSING AS WELL AS SUPPORT TRANSIT.

2:16:33PM SO WE'RE TALKING ABOUT DOING SOME TIERED CORRIDORS FOR OUR
2:16:38PM DIFFERENT TYPES, LIKE TWO LANE, FOUR LANE, SIX LANE, EIGHT
2:16:42PM LANE.
2:16:42PM WE STILL HAVE HILLSBOROUGH AND WE HAVE BUSCH AND WE HAVE
2:16:46PM FOWLER THAT HAVE REDEVELOPMENT OPPORTUNITIES FOR US AS THE
2:16:50PM CITY THAT CAN FEED INTO PROVIDING HOUSING AFFORDABILITY.
2:16:54PM THE OTHER FIRST PART OF THE FIRST PHASE IS TO KICK OFF THE
2:16:59PM WEBSITE AND THE PUBLIC ENGAGEMENT.
2:17:02PM I'M VERY COMMITTED TO MAKING SURE WE HAVE ROBUST PUBLIC
2:17:05PM ENGAGEMENT ON THE UPDATE, AND THAT'S GOING TO COME IN A
2:17:10PM NUMBER OF DIFFERENT FORMS.
2:17:11PM ADDITIONAL RECOMMENDATIONS THAT WE'RE LOOKING AT AS PART OF
2:17:20PM THAT THAT HAVE COME OUT OF MANY DISCUSSIONS WITH THIS BOARD
2:17:23PM IS ADDITIONAL HEIGHT.
2:17:25PM I KNOW THAT WAS A DISCUSSION THAT CAME AGAIN FROM COUNCILMAN
2:17:28PM CARLSON, ALONG KENNEDY AND THE WESTSHORE AREA TO ALLOW FOR
2:17:33PM FAA HEIGHTS.
2:17:34PM WE'VE HAD THOSE DISCUSSIONS, HOW OUR ALLOWABLE DENSITIES CAN
2:17:38PM MEET THAT BUILDING ENVELOPE.
2:17:39PM PARKING REDUCTIONS, THE MINIMUM LOT SIZES THAT WILL BE ABLE
2:17:44PM TO SUPPORT HOUSING AND THERE ARE SOME OTHERS THERE.
2:17:50PM THE IN LIEU FEES AND THE STREET DESIGN FLEXIBILITY WHICH I
2:17:55PM TOUCH ON A LITTLE BIT WITH THE CORRIDORS.
2:17:56PM IF WE PLAN FOR THOSE CORRIDORS, YOU KNOW, OUR POLICIES IN
2:18:01PM OUR COMP PLAN AND MANY OF OUR RESIDENTS TALK ABOUT THE

2:18:04PM PROTECTION OF THEIR NEIGHBORHOODS AND WHAT DOES THAT LOOK
2:18:07PM LIKE?
2:18:07PM THEY LIVE IN LONG-TERM STABILIZED SINGLE-FAMILY
2:18:11PM NEIGHBORHOODS.
2:18:12PM WE TALK ABOUT INTRODUCING ADUs OR TALK ABOUT INTRODUCING
2:18:16PM OTHER HOUSING TYPES WHILE STILL PROTECTING THE CHARACTER OF
2:18:20PM THE NEIGHBORHOODS THAT PEOPLE HAVE BOUGHT INTO, MADE HUGE
2:18:23PM INVESTMENTS AND HAVE LIVED IN FOR A LONG PORTION OF THEIR
2:18:27PM LIVES.
2:18:28PM SO THERE NEEDS TO BE A BALANCE AS TO WHAT WE'RE DOING, AND
2:18:32PM WE ARE COMMITTED TO DOING THAT AND GETTING THOSE REGULATIONS
2:18:36PM UPDATED.
2:18:36PM IN RELATION TO THE NEXT STEPS OF THESE COUPLE OF EFFORTS, WE
2:18:43PM HAVE THE BONUS THAT STEPHEN JUST SPOKE ABOUT.
2:18:46PM THAT'S GOING TO COME IN THE COMP PLAN, AND THEN WE ARE GOING
2:18:49PM TO HAVE THAT PORTION ALSO RIGHT NOW LAND DEVELOPMENT CODE,
2:18:54PM THE BONUS IS IN 27-140.
2:18:56PM THAT WILL NEED TO BE UPDATED IN ORDER TO REFLECT THE NEW
2:19:00PM TIER SLIDING SCALE SYSTEM THAT WILL BE IN THE COMP PLAN.
2:19:03PM SO THAT'S SOMETHING THAT WOULD PREDATE COMING AS PART OF AN
2:19:07PM ENTIRE CODE REFORM BECAUSE WE WANT TO GET THAT GOING, RIGHT?
2:19:10PM BUT THEN IF WE NEED TO MAKE ANY TWEAKS OR CHANGES, WE WOULD
2:19:14PM STILL HAVE AN OPPORTUNITY AS PART OF THE CODE REFORM AS
2:19:17PM WELL.
2:19:17PM AND THEN THE LDC REFORM, LIKE I SAID, I'M TARGETING MARCH 28

2:19:22PM TO BRING THE CONTRACT TO COUNCIL.
2:19:25PM IF I DON'T HIT THAT TARGET, IT WILL BE SHORTLY AFTER THAT
2:19:28PM FIRST HEARING IN APRIL.
2:19:30PM AND THEN WE WILL BE KICKING OFF ACTUAL ACTIVITY TOWARD THE
2:19:36PM END OF APRIL, BEGINNING OF MAY.
2:19:39PM >>GUIDO MANISCALCO: ALL RIGHT.
2:19:40PM I'M GOING TO GO TO COUNCIL MEMBER CLENDENIN AFTER I MAKE MY
2:19:43PM COMMENTS.
2:19:43PM I BELIEVE COUNCIL MEMBER HURTAK SAID EARLIER, MAYBE MR.
2:19:49PM HAGAN, BONUS DENSITY IN LIEU OF CASH.
2:19:51PM OBVIOUSLY, INCREASING THE INCENTIVES.
2:19:56PM SO WE'RE LOOKING AT 10% AFFORDABLE AND THEN 120% AMI.
2:20:01PM IN SIMPLE TERMS, OBVIOUSLY, PEOPLE ARE MOVING HERE.
2:20:06PM BUILDERS ARE COMING HERE.
2:20:07PM DEVELOPERS WANT TO DEVELOP HERE.
2:20:09PM BUT IN ORDER FOR US TO, WITHOUT HAVING TO DISH OUT THE
2:20:13PM DOLLARS, GETTING MORE BANG FOR OUR BUCK, AS I SAID EARLIER,
2:20:16PM WE INCREASE THE AFFORDABILITY.
2:20:21PM INSTEAD OF 10%, MAKE 15, 20, 30 PERCENT.
2:20:24PM THEY GET THAT BONUS DENSITY.
2:20:26PM THEY ARE BUILDING MORE UNITS AT MARKET RATE.
2:20:29PM THEY ARE STILL PROFITABLE AND GOING TO BUILD THEIR
2:20:31PM DEVELOPMENT.
2:20:32PM THEY OBVIOUSLY WANT TO SPEND THEIR MONEY HERE.
2:20:36PM SO WHERE WE PUT THEM, THEY ARE IN OUR CORNER.

2:20:40PM LET'S LOOK AT, YOU ALREADY MENTIONED AND MR. BENSON
2:20:44PM MENTIONED, LOOK AT HOW WE CAN SQUEEZE THE MOST OUT OF THAT.
2:20:47PM CREATING THE AFFORDABLE UNITS, INCREASING THE BONUS.
2:20:51PM PARKING REDUCTIONS, I TALKED ABOUT THAT FOR YEARS.
2:20:54PM PARKING REDUCTIONS.
2:20:55PM LOOK HOW EXPENSIVE PARKING IS.
2:20:58PM LOOK HOW EXPENSIVE IT IS FOR A DEVELOPER TO SAY ONE UNIT PER
2:21:03PM PARKING SPACE.
2:21:03PM I THINK WE'RE MOVING AWAY FROM THAT AS PEOPLE COME TO THE
2:21:06PM URBAN CORE AND TALK ABOUT POTENTIAL TRANSPORTATION OPTIONS
2:21:08PM IN THE FUTURE OR FOLKS THAT WANT TO LIVE, WORK AND PLAY
2:21:11PM DOWNTOWN, WE SEE HOW THE URBAN CENTRAL BUSINESS DISTRICT IS
2:21:13PM BOOMING, REDUCING THE PARKING MINIMUMS.
2:21:16PM ALLOWING FOR MORE ADUs, WE TALK ABOUT THAT, IN MORE PARTS
2:21:21PM OF THE CITY.
2:21:22PM EVERYTHING HELPS.
2:21:24PM WE'RE LOOKING AT A 10,000 UNIT GOAL OR 5,000 UNIT GOAL, IT'S
2:21:28PM A HUNDRED HERE.
2:21:29PM 200 HERE.
2:21:30PM THOUSAND HERE.
2:21:31PM IT ALL ADDS UP VERY, VERY QUICKLY.
2:21:33PM BUT WHAT I'M SUPPORTIVE OF IS THESE RECOMMENDATIONS THAT
2:21:38PM WERE MADE, AGAIN, TRYING TO GET THE MOST BANG FOR OUR BUCK.
2:21:43PM TRYING TO MAKE IT ENTICING TO THE DEVELOPER BUT THAT ALSO
2:21:46PM ENCOURAGES THE CREATION OF MORE AFFORDABILITY WHERE WE CAN

2:21:51PM FOCUS ON THE MEMBERS OF THE COMMUNITY THAT NEED THE HOUSING
2:21:55PM MOST DESPERATELY AND WHERE THEY ARE BUILDING, THEY ARE
2:21:59PM BUILDING IN THE CITY.
2:22:00PM THEY ARE BUILDING IN NICE PARTS OF THE CITY AND PEOPLE CAN
2:22:02PM LIVE CLOSE TO WHERE THEY WORK.
2:22:04PM DON'T HAVE TO WORRY ABOUT TRANSPORTATION OR BE NEXT TO OR
2:22:07PM CLOSE TO A TRANSPORTATION CORRIDOR.
2:22:09PM THERE'S JUST SO MANY BENEFITS.
2:22:10PM THESE ARE EASY THINGS THAT WE CAN DO, AS YOU'VE MENTIONED,
2:22:14PM HOW WE CAN CHANGE THE CODE AND CHANGE THE LANGUAGE TO HELP
2:22:18PM US GET TO THIS GOAL WITHOUT JUST SAYING, OH, WE'LL PUT SO
2:22:22PM MUCH MONEY.
2:22:23PM YEAH, WE'LL PUT THE MONEY BUT WE'RE ALSO GOING TO MAKE IT
2:22:26PM MORE FEASIBLE AND MORE ENCOURAGING FOR A DEVELOPER TO COME
2:22:29PM IN AND SAY WE'RE GOING TO BUILD, INSTEAD OF TEN UNITS, 50
2:22:33PM AFFORDABLE UNITS AND THEN WE HAVE THE MARKET RATE AND THEY
2:22:36PM ARE STILL PROFITABLE AND STILL MAKING MONEY.
2:22:38PM BECAUSE AT THE END OF THE DAY, THEY ARE HERE TO MAKE MONEY.
2:22:41PM I LIKE EVERYTHING -- I LIKE THE MAJORITY OF WHAT WAS SHOWN.
2:22:45PM IT'S UP TO US TO SUPPORT THIS AND MOVE IT FORWARD.
2:22:48PM COUNCIL MEMBER CLENDENIN.
2:22:50PM >>ALAN CLENDENIN: ABSOLUTELY.
2:22:50PM ALL I CAN SAY IS HECK YES TO BOTH MR. BENSON AND
2:22:58PM MS. FEELEY'S PRESENTATION.
2:23:00PM I THINK STAFF WOULD ARGUE WITH YOU WHEN YOU SAY IT'S EASY.

2:23:05PM I THINK THEY HAVE BEEN WORKING ON THIS FOR A LONG TIME AND I
2:23:08PM THINK THEY HAVE YEARS OF WORK IN FRONT OF THEM TO IMPLEMENT
2:23:11PM THESE TYPE OF PROGRAMS.
2:23:12PM BUT HUNDRED PERCENT A GROWING CITY, EVOLVING AND CHANGING
2:23:17PM CITY WITH THE VISION YOU ALL HAVE EXPRESSED HERE TODAY IS
2:23:21PM EXACTLY WHERE WE SHOULD BE.
2:23:23PM I THINK THAT THE GOALS -- FAR TOO OFTEN I'VE HAD DISCUSSIONS
2:23:29PM I CAN'T REMEMBER WITH WHICH ONE OF YOU ALL I'VE HAD
2:23:31PM DISCUSSIONS WITH, GIVING AWAY SOME OF THIS STUFF FOR FREE
2:23:34PM THAT WE NOW NEED TO BE BRINGING IN RECEIPTS AND GETTING
2:23:38PM SOMETHING FOR THIS.
2:23:39PM I THINK WHAT MR. BENSON PRESENTED AS FAR AS THE BONUS
2:23:43PM DENSITIES AND LEVERAGING THAT IS CRITICALLY IMPORTANT TO THE
2:23:47PM GROWTH AND HEALTH OF BUILDING OUR HOUSING STOCK AND
2:23:51PM DIVERSITY OF OUR HOUSING STOCK.
2:23:52PM I COMMEND YOU FOR PURSUING THOSE GOALS.
2:23:55PM LET'S PUSH THE ACCELERATOR PEDAL DOWN ON ALL THESE THINGS.
2:23:59PM THESE ARE EXACTLY WHAT WE SHOULD BE DOING.
2:24:01PM I'M EXCITED ABOUT IT.
2:24:03PM I THINK IT'S SOMETHING THAT PEOPLE WILL SEE A POSITIVE
2:24:05PM RETURN ON THE INVESTMENT.
2:24:06PM WE KEEP TALKING ABOUT THE TRANSPORTATION CORRIDORS.
2:24:09PM I THINK THAT'S ALSO CRITICAL TO THE GROWTH AND EVOLUTION OF
2:24:12PM THE CITY OF BUILDING THESE DENSITIES AND STEP-DOWN DENSITY.
2:24:16PM I KNOW I'VE HAD THESE CONVERSATIONS WITH FOLKS.

2:24:18PM WE NEED TO MAKE SURE AS WE BUILD THE DENSITY ALONG THE
2:24:22PM CORRIDORS AND I KNOW IT'S GOING TO IMPACT THE NEIGHBORHOODS
2:24:25PM OUT THERE, LIVING ON THE TRANSPORTATION CORRIDORS, I'LL BE
2:24:27PM VOTING TO BUILD DENSITY ALONG THESE THINGS, SO IT IS GOING
2:24:30PM TO IMPACT AND WE'LL HAVE STEP-DOWN DENSITIES.
2:24:34PM WHAT WE HAVE NOW IN THE CITY OF TAMPA, A LOT OF THESE
2:24:36PM CORRIDORS, THEY DON'T HAVE DENSITY AT ALL.
2:24:39PM WE'LL BUILD DENSITY AND THEN STEP DOWN FROM THERE AND IT'S
2:24:43PM GOING TO ENCROACH ALONG IN THE NEIGHBORHOODS, ALONG THOSE
2:24:46PM CORRIDORS.
2:24:47PM JUST BE BEWARE, IT'S COMING.
2:24:51PM UNDER OTHER REGULATORY INCENTIVES, THE LIST THAT WAS
2:24:54PM PROVIDED, ADDITIONAL HEIGHT, PARKING REDUCTIONS, REDUCE
2:24:56PM SETBACKS IN LIEU OF FEES, REVIEW THE FEE RELIEF, MINIMUM LOT
2:25:01PM SIZES, BUILDER COVERAGE, STREET DESIGN FLEXIBILITY, ALL OF
2:25:06PM THOSE THINGS, AGAIN, LET'S PUSH THE ACCELERATOR ON THESE
2:25:08PM THINGS ALONG THE TRANSPORTATION CORRIDORS.
2:25:10PM THESE ARE EXACTLY WHAT WE SHOULD BE DOING.
2:25:12PM THIS IS MY FAVORITE PART OF THE PRESENTATION TODAY BECAUSE
2:25:15PM THESE ARE THINGS THAT WE CAN DO PROACTIVELY TO BUILD
2:25:20PM HOUSING, TO BUILD DIVERSITY OF HOUSING, AND WE CAN MAKE THIS
2:25:23PM HAPPEN WITH LITTLE -- YOU KNOW, A LOT OF YOUR TIME, STAFF
2:25:29PM TIME AND A LOT OF TROUBLE FOR FOLKS WORKING HERE.
2:25:32PM THESE THINGS DON'T COME WITH A LOT OF COST TO THE CITY.
2:25:35PM DOESN'T COME WITH TAXPAYER COST.

2:25:37PM REALLY, IT PROVIDES A LOT OF GOOD FOR VERY LITTLE TAX
2:25:40PM DOLLARS.
2:25:41PM LET'S PUSH THE ACCELERATOR.
2:25:44PM I THINK THIS IS GREAT.
2:25:45PM >>GUIDO MANISCALCO: SECOND.
2:25:46PM YES, MA'AM AND COUNCIL MEMBER CARLSON.
2:25:47PM >>LYNN HURTAK: YOU-ALL BROUGHT THIS TO US TWO WEEKS AGO.
2:25:50PM WHEN YOU BROUGHT IT TO US TWO WEEKS AGO, IT WAS GREAT THEN.
2:25:54PM I'M GLAD YOU SHOWED IT TO US AGAIN TODAY, AND IT'S STILL
2:25:57PM GREAT NOW.
2:25:58PM I'M REALLY SUPEREXCITED TO HEAR THAT PEOPLE ARE REALLY ON
2:26:01PM BOARD WITH THIS.
2:26:02PM I AM SO GLAD THAT PART OF WHAT YOU'RE SHOWING US TODAY IS
2:26:07PM THAT THIS STUFF IS ALREADY IN THE WORKS.
2:26:10PM I DON'T WANT ANYONE WHO IS WATCHING TODAY TO THINK THAT
2:26:12PM WE'RE GOING TO HAVE TO START FROM TODAY, THAT WE ARE
2:26:16PM ACTUALLY ALREADY DOING THE WORK AND HOW IT'S EVOLVING.
2:26:19PM I REALLY LIKE THE WAY YOU SHOWED THAT IN THIS PART OF THE
2:26:22PM PRESENTATION.
2:26:23PM I THOUGHT IT WAS REALLY GOOD.
2:26:24PM MY ONLY QUESTION, AND I DIDN'T ASK THIS TWO WEEKS AGO, BUT
2:26:27PM AS WE'VE BEEN TALKING MORE AND MORE AND PEOPLE IN THE PUBLIC
2:26:30PM BROUGHT UP MULTIPLE TIMES TODAY, UNIT SIZE, MEANING
2:26:35PM BEDROOMS.
2:26:36PM IS THERE ANY TYPE OF INCENTIVIZING THAT WE COULD DO -- YOU

2:26:40PM DON'T HAVE TO ANSWER THAT TODAY.
2:26:42PM JUST A QUESTION THAT CAME UP THAT I THINK IS REALLY
2:26:44PM CRITICAL.
2:26:45PM YES, CAN WE ASK DEVELOPERS TO INCENTIVIZE 50% AND BELOW?
2:26:50PM SURE.
2:26:51PM BUT IF THOSE ARE STUDIO APARTMENTS, THAT REALLY DOESN'T DO
2:26:54PM US ANY GOOD.
2:26:55PM IF THERE IS A WAY, I DON'T KNOW IF OTHER PLACES HAVE TRIED
2:26:58PM IT OR IF YOU KNOW IN YOUR HEAD ALREADY, BUT THAT'S ONE OF
2:27:01PM THE THINGS I'D LOVE TO SEE BROUGHT FORWARD OR CONSIDERED OR
2:27:05PM RESEARCHED TO FIGURE OUT HOW WE CAN MAKE SURE THE SIZE OF
2:27:08PM UNITS.
2:27:09PM AND I WILL STEP ON COUNCIL MEMBER CLENDENIN'S LEAD FOOT
2:27:18PM ALREADY BY SAYING PARKING REDUCTIONS.
2:27:20PM THAT'S MY BIG ONE.
2:27:22PM BUT I LOVE THIS ADDITIONAL HEIGHT AND THE MINIMUM LOT SIZE
2:27:24PM CHANGES.
2:27:25PM THERE'S SO MUCH THAT HAMSTRINGS US.
2:27:27PM SO I REALLY LOVE THESE IDEAS AND I LOOK FORWARD TO NOT ONLY
2:27:31PM -- I KNOW THIS IS WHAT'S COMING IN A LOT OF THE LAND
2:27:34PM DEVELOPMENT CODE UPDATE.
2:27:35PM SO REALLY LOOKING FORWARD TO THAT DISCUSSION.
2:27:39PM I WANT TO SAY THANK YOU ALL FOR THIS WORK.
2:27:41PM I REALLY LOOK FORWARD -- I ALSO APPRECIATE HOW MUCH YOU ARE
2:27:45PM FOCUSING PUBLIC COMMENT AND ENGAGEMENT IN THIS AREA.

2:27:48PM I THINK IT'S REALLY WONDERFUL AND WILL HELP KEEP EVERYONE
2:27:52PM ENGAGED IN THE PROCESS.
2:27:53PM SO THANK YOU FOR THAT.
2:27:54PM >>GUIDO MANISCALCO: COUNCIL MEMBER CARLSON AND COUNCIL
2:27:56PM MEMBER VIERA.
2:27:59PM >>BILL CARLSON: ONE THING EVERYBODY TALKS ABOUT IS DIVERSITY
2:28:01PM OF HOUSING.
2:28:02PM WE NEED HOUSING OF ALL KINDS, EVEN HIGH-END HOUSING,
2:28:05PM MULTIMILLION DOLLAR HOUSING IS SELLING OUT.
2:28:07PM MIDRANGE HOUSING IS SELLING OUT THE LOWER COST HOUSING IS
2:28:11PM SELLING OUT.
2:28:12PM ONE OF THE THINGS IS WE NEED MORE INVENTORY AT ALL LEVELS.
2:28:17PM STAFF TALKED ABOUT THE $5 BILLION PROBLEM A MINUTE AGO,
2:28:20PM LITTLE A WHILE AGO BUT THAT IS PEOPLE BELOW CERTAIN AMI
2:28:24PM LEVEL, NOT TO MENTION ALL THE ADDITIONAL MARKET RATE HOUSING
2:28:27PM WE NEED TO BE COMPETITIVE.
2:28:29PM NATHAN TALKED ABOUT THAT A LITTLE WHILE AGO THAT EVERYBODY
2:28:33PM IS COMPETING FOR THE MID-LEVEL HOUSING.
2:28:35PM I SPENT A LOT OF TIME TALKING TO DEVELOPERS THE LAST FEW
2:28:39PM MONTHS ASKING THEM WHAT THEY NEED.
2:28:40PM THEY SAY THE BIGGEST IMPEDIMENT WE HAVE IS THAT IT TAKES TOO
2:28:44PM LONG TO DEAL WITH THE CITY.
2:28:46PM WE TALKED ABOUT THIS A FEW TIMES IN MEETINGS, BUT THEY SAY
2:28:51PM THE PROCESS THAT THE CITY SLOWED THEM DOWN.
2:28:53PM THE WAY THEY LOOK AT BONUS DENSITY, IT IS A HUGE SPEED HUMP

2:28:58PM THAT SLOWS DOWN DEVELOPMENT.
2:29:00PM IF WE DO SOMETHING ESPECIALLY WE DON'T KNOW WHEN THE MARKET
2:29:03PM IS GOING TO CRASH.
2:29:04PM EVERYBODY FIGURED IT WOULD CRASH BY NOW, AT LEAST THE
2:29:07PM LENDING MARKET.
2:29:08PM WE KNOW THINGS HAVE TIGHTENED UP A LITTLE BIT, BUT THE PEDAL
2:29:15PM TO METAL WE NEED IS FOR DEVELOPERS TO BUILD UNITS, NOT JUST
2:29:19PM TO CHANGE POLICY.
2:29:20PM WE NEED TO CHANGE THE PROCESSES.
2:29:22PM BONUS DENSITY AS I'VE LOOKED AT IT MORE, IT'S AN IMPEDIMENT
2:29:26PM TO MORE DEVELOPMENT.
2:29:27PM I'M A FREE MARKET PERSON.
2:29:29PM IF WE LET THE FREE MARKET RULE, IF WE CAN GIVE AN EXTRA TEN
2:29:33PM UNITS OR TWO FLOORS TO A BUILDING, LET'S GIVE IT TO
2:29:38PM EVERYBODY AND WE'LL GET MORE TAX MONEY.
2:29:40PM ADDITIONAL TAX MONEY OF NEW UNITS, IF WE GIVE IT TO
2:29:43PM EVERYBODY AND HAVE A LEVEL PLAYING FIELD FOR EVERYONE,
2:29:46PM PEOPLE ARE GOING TO BUILD A LOT MORE UNITS.
2:29:48PM THEY ARE GOING TO BUILD THEM FASTER BECAUSE THERE'S LESS
2:29:50PM BUREAUCRACY, FEWER IMPEDIMENTS.
2:29:52PM TAKE THE TAX MONEY AND SET A FLAT RATE AMOUNT THAT WE
2:29:55PM SUBSIDIZE AFFORDABLE HOUSING IF WE NEED TO.
2:29:58PM THE OTHER THING IS, I ASKED EVERY DEVELOPER, INCLUDING AT
2:30:01PM LEAST A COUPLE OF AFFORDABLE HOUSING DEVELOPERS YESTERDAY,
2:30:04PM WHAT IS THE NUMBER ONE IMPEDIMENT TO BUILDING AFFORDABLE

2:30:06PM HOUSING?
2:30:07PM IT'S NOT MONEY.
2:30:07PM IT'S NOT LAND.
2:30:09PM GUESS WHAT IT IS.
2:30:10PM PERMITTING.
2:30:11PM IT IS THE SAME THING WE'VE HAD TWO FORUMS ABOUT.
2:30:14PM EVERY DEVELOPER COMPLAINS ABOUT PERMITS.
2:30:18PM TAKING TOO LONG.
2:30:19PM WE NEED TO FIX THAT PROBLEM.
2:30:20PM THAT PROBLEM IS MORE IMPORTANT THAN ANY OF THE OTHER THINGS
2:30:23PM WE'VE BEEN TALKING ABOUT TODAY.
2:30:24PM ADUs, I'M IN FAVOR IN GENERAL IF NEIGHBORHOODS WANT THEM.
2:30:28PM BIG CONCERN IS THAT THE STATE PREEMPTED US FOR SHORT-TERM
2:30:32PM RENTALS AND THEY ALLOW AIRBNB.
2:30:35PM I THINK MOST PEOPLE WANT ASHEs FOR FAMILY AND FRIENDS.
2:30:39PM MANY PEOPLE WOULD LIKE TO RENT THEM OUT TO OTHERS.
2:30:42PM ONCE WE OPEN THAT DOOR, WE ALLOW AIRBNB.
2:30:47PM MOST PEOPLE DON'T WANT THEM IN THEIR NEIGHBORHOODS.
2:30:51PM WITH TRANSIT, IN FAVOR OF LIMITING PARKING, IN ANTICIPATION
2:30:57PM OF AUTONOMOUS VEHICLES AND TRANSIT.
2:30:59PM WE HAD TWO FAILED TRANSIT CAMPAIGNS.
2:31:01PM WE WON'T GET ANOTHER ONE AT LEAST TEN YEARS.
2:31:03PM ONE OF THE BIGGEST COMPLAINTS FROM NEIGHBORHOODS IS THERE IS
2:31:06PM NO PLACE FOR PEOPLE TO PARK.
2:31:08PM WE'RE ALLOWING BARS, RESTAURANTS AND CONDOS WITH NOT ENOUGH

2:31:11PM PARKING.
2:31:11PM WHEN WE GET TRANSIT OR GET AUTONOMOUS VEHICLES, THAT IS THE
2:31:15PM TIME WE NEED TO REDUCE PARKING, NOT NOW.
2:31:17PM MAYBE FOR AFFORDABLE HOUSING, BUT NOT FOR EVERYTHING.
2:31:20PM IN LAND USE, LET'S NOT FORGET SOME FOLKS WANT TO PLOW OVER
2:31:30PM HISTORIC NEIGHBORHOODS.
2:31:31PM DIVERSITY OF PRODUCT, WE NEED SINGLE-FAMILY HOMES, WE NEED
2:31:34PM SINGLE-FAMILY NEIGHBORHOODS.
2:31:35PM WE NEED HISTORIC NEIGHBORHOODS.
2:31:39PM WE DON'T NEED TO IMMEDIATELY PUT HUGE INTENSIVE MULTIFAMILY
2:31:43PM EVERYWHERE.
2:31:44PM WE NEED DIVERSITY OF PRODUCT SO PEOPLE CAN LIVE IN.
2:31:48PM LET'S LOOK AT THE PLACES WHERE PEOPLE ARE OPEN TO HAVING
2:31:51PM INTENSIVE DEVELOPMENT, AND THERE ARE LOTS OF PLACES LIKE
2:31:54PM THAT.
2:31:54PM WE'VE BEEN TRYING FOR A COUPLE OF YEARS TO ALLOW MAXIMUM
2:31:57PM INTENSITY ALONG DALE MABRY BETWEEN 275 AND KENNEDY AND THAT
2:32:00PM STILL HASN'T HAPPENED.
2:32:02PM THE LAST THING I'LL SAY TO ALL THE PEOPLE WATCHING AND ALL
2:32:04PM THE FOLKS THAT SPOKE THIS MORNING, I FEEL THE FRUSTRATION.
2:32:07PM I'VE BEEN WORKING FOR SEVERAL YEARS TO TRY TO CHANGE THIS.
2:32:10PM MY COLLEAGUES HAVE BEEN WORKING FOR SEVERAL YEARS.
2:32:13PM THIS CITY HAS TWO BRANCHES OF GOVERNMENT AND WE'RE ONLY ONE
2:32:16PM OF THEM.
2:32:17PM WE'RE HALF OF IT.

2:32:18PM I HOPE EVERYBODY TAKES THEIR IDEAS AND PASSION AND GO TO THE
2:32:21PM OTHER HALF, THE OTHER BRANCH OF CITY GOVERNMENT AND PASS ON
2:32:24PM THE SAME THING BECAUSE IF WE CAN GET THE SAME ENERGY AND
2:32:28PM DRIVE AND INTENSITY FROM THE OTHER BRANCH OF GOVERNMENT AS
2:32:31PM YOU HAVE HERE, WE'LL GET THESE THINGS SOLVED.
2:32:34PM THANK YOU.
2:32:36PM >>LUIS VIERA: THANK YOU VERY MUCH.
2:32:36PM ECHOING ON SOME OF THE COMMENTS MADE BUT SOME OTHER THINGS,
2:32:40PM I SEE OUR FRIEND FROM THE PLANNING COMMISSION HERE.
2:32:42PM WE HAVE RETURNING TO US IN A FEW MONTHS THE POTENTIAL OF A
2:32:46PM PLANNING COMMISSION UPDATED COMMUNITY PLAN FOR THE NORTH
2:32:49PM TAMPA AREA WHICH WILL INCLUDE ENCOURAGING HOUSING IN AN AREA
2:32:54PM WHERE THERE IS A LOT OF POTENTIAL DENSITY FOR HOUSING THERE
2:32:59PM AND TO LOOK AT ALL OF OUR CITY OF TAMPA IN TERMS OF THIS NEW
2:33:04PM HOUSING, ET CETERA.
2:33:05PM THAT'S ONE OF THE REASONS WHY I PROPOSE THAT BECAUSE WE HAVE
2:33:07PM TO LOOK EVERYWHERE.
2:33:09PM ANOTHER THING THAT WE'LL BE LOOKING AT I THINK IN APRIL AT
2:33:11PM CRA, WE'LL BE TALKING ABOUT SULPHUR SPRINGS, ANOTHER AREA
2:33:15PM WHERE THERE'S SO MUCH POTENTIAL FOR ECONOMIC DEVELOPMENT
2:33:17PM THERE AND OBVIOUSLY PART OF THAT IS AFFORDABLE AND WORKFORCE
2:33:21PM HOUSING.
2:33:21PM SO -- I KNOW AND I HEARD TALKING ABOUT DIFFERENT CORRIDORS,
2:33:26PM INCLUDING THE NORTH TAMPA AREA, WE HAVE TO ENCOURAGE
2:33:30PM DEVELOPERS AND PUBLIC INVESTMENTS IN AREAS THAT ARE ALL TOO

2:33:33PM OFTEN IGNORED.
2:33:34PM TAKE A LOOK AT THE NORTH TAMPA AREA, SO MUCH POTENTIAL THERE
2:33:37PM FOR RESIDENTIAL HOUSING AND OTHER ECONOMIC GROWTH,
2:33:41PM ET CETERA, THAT CAN SUPPORT THAT RESIDENTIAL HOUSING, ALL
2:33:44PM SORTS OF HOUSING.
2:33:45PM WE HAVE TO LOOK AT THAT AREA FOR ENCOURAGING FOLKS TO LIVE
2:33:49PM THERE.
2:33:50PM HECK, ONLY 20, 25 MINUTES FROM DOWNTOWN.
2:33:52PM IT'S A WONDERFUL AREA IN TERMS OF ITS PROXIMITY TO DOWNTOWN.
2:33:56PM I DO LOOK FORWARD WHENEVER THAT COMES BACK TO US BECAUSE I
2:34:00PM THINK THAT WILL PROVIDE US WITH A VERY, VERY GOOD OPTION FOR
2:34:03PM SPOTS FOR ROBUST, AFFORDABLE AND WORKFORCE HOUSING AS WELL
2:34:08PM THROUGHOUT OUR CITY.
2:34:09PM THANK YOU.
2:34:10PM >>GUIDO MANISCALCO: COUNCIL MEMBER MIRANDA.
2:34:11PM >>CHARLIE MIRANDA: THANK YOU.
2:34:12PM ALONG THE SAME LINES VIERA TALKED ABOUT, CAN'T HAVE
2:34:15PM EVERYBODY LIVING DOWNTOWN.
2:34:16PM IT'S GOT TO BE NEIGHBORHOODS.
2:34:18PM EVERY NEIGHBORHOOD IS DIFFERENT.
2:34:19PM EVERY NEIGHBORHOOD WANTS TO KEEP THEIR ENERGY THERE, THEIR
2:34:23PM FAMILIES CAME THERE, GRANDFATHER LIVED THERE, GRANDMOTHER,
2:34:25PM AUNT, UNCLES, AND YOU REMEMBER ALL THAT.
2:34:27PM WHEN YOU START TEARING DOWN THE NEIGHBORHOODS, YOU LOSE A
2:34:30PM LOT OF INCENTIVE TO THE PEOPLE WHO WANT TO LIVE THERE.

2:34:33PM AND THE PROBLEM IN TODAY'S SOCIETY IS I BOUGHT MY HOUSE IN
2:34:36PM 1968 FOR $12,600.
2:34:39PM HERE IS THE PROBLEM.
2:34:40PM IF I SELL IT TODAY FOR 450, WHERE DO I GO?
2:34:44PM AND HOW DOES THAT HELP THE NEIGHBORHOOD?
2:34:46PM NOBODY WILL GET ANOTHER HOUSE FOR 12,600, JUST LIKE
2:34:51PM EVERYBODY IN THE AUDIENCE AND EVERYBODY LISTENING TO US.
2:34:53PM MY PROBLEM IS EVERYBODY ELSE'S PROBLEM.
2:34:55PM IF YOU SELL, WHERE DO YOU GO AND WHO WILL REPLACE YOU
2:35:00PM AFFORDABLE HOUSING?
2:35:00PM NO LONGER AFFORDABLE HOUSING.
2:35:02PM ANY HOUSE BUILT IN THE '50s, 60s, 70s, IS NO LONGER AN
2:35:09PM AFFORDABLE HOUSE UNIT.
2:35:12PM ONCE YOU SELL -- YOU CAN'T MAKE A LIVING.
2:35:17PM THAT IS THE PROBLEM WE'RE FACING.
2:35:18PM WE HAVE MORE COMING INTO THE CITY.
2:35:22PM FROM 2010, 90,000 MOVED IN.
2:35:26PM WHAT DO THINK BETWEEN NOW AND 2034?
2:35:29PM 90 OR MORE THOUSAND AGAIN.
2:35:34PM IT'S NOT BECAUSE TAMPA IS THE GREATEST CITY IN THE WORLD.
2:35:36PM IT ALREADY WAS WHEN WE WERE YOUNG AND IT IS NOW.
2:35:39PM HOWEVER, WHEN YOU HAVE THE PROBLEMS THAT WE HAVE COMING IN
2:35:43PM BECAUSE OF THE ENVIRONMENT UP NORTH, YEAH, THEY GOT A LOT OF
2:35:48PM SNOWFALL FOR TWO OR THREE DAYS.
2:35:50PM THEY HAVEN'T HAD MUCH SINCE.

2:35:53PM LOOK AT CALIFORNIA WITH ALL THE WATER PROBLEMS THEY HAVE
2:35:56PM COMING IN.
2:35:57PM WHAT DO YOU THINK WILL HAPPEN TO US?
2:35:59PM THE SAME THING.
2:36:00PM SO WE HAVE TO PLAN SMART.
2:36:03PM WE HAVE TO PLAN FOR WHAT'S GOING ON AND COMING FROM THE
2:36:06PM FUTURE FROM WHAT WE DESTROYED AND THAT'S CALLED THE
2:36:09PM ENVIRONMENT.
2:36:10PM YOU HAVE TO BUILD ACCORDINGLY.
2:36:11PM AND THESE ARE THE THINGS STRESSFUL ON ANY GOVERNMENT.
2:36:15PM WHEN YOU ARE IN A GOVERNMENT LIKE THIS ONE THAT IS STARTING
2:36:17PM TO BUILD UP AND STARTING TO DECAY AT THE SAME TIME, WHERE IS
2:36:21PM THE BALANCE?
2:36:21PM IF YOU SELL IN THIS AREA, IT IS NO LONGER AFFORDABLE.
2:36:26PM SO YOU HAVE TO PLAN.
2:36:28PM I'M GLAD ALL THESE BONUSES ARE COMING OUT.
2:36:32PM IT SHOULD BE A GUIDELINE FOR ALL OF THEM.
2:36:34PM SO MANY BUILDINGS SO TALL YOU HAVE TO HAVE SO MUCH
2:36:36PM AFFORDABLE HOUSING.
2:36:37PM BUT WHEN YOU GO TO THE NEIGHBORHOODS WHERE SINGLE-FAMILY
2:36:41PM UNITS, SOMETHING HAS GOT TO BE DONE ABOUT THE ADUs IF YOU
2:36:44PM REALLY WANT THEM.
2:36:45PM I CAN TELL YOU RIGHT NOW, PARTS OF THE CITY, I'M NOT GOING
2:36:50PM TO NAME THE PART, I CAN SHOW YOU BLOCK BY BLOCK, EVERY TWO
2:36:55PM OR THREE BLOCKS AT LEAST ONE TRAILER IN THE BACK THAT'S

2:36:57PM RENTED OUT.
2:36:58PM YOU KNOW WHAT?
2:36:59PM GOD BLESS THEM, BECAUSE IF NOT, THEY WOULD BE OUT ON THE
2:37:04PM STREET.
2:37:04PM I CAN SHOW YOU, ANYTIME YOU WANT TO COME WITH ME, I'LL SHOW
2:37:07PM THEM.
2:37:08PM I DON'T GRIPE ABOUT THAT.
2:37:09PM AS LONG AS THEY ARE PAYING THEIR TAXES, MAY GOD BLESS YOU
2:37:15PM BECAUSE YOU'RE DOING THE RIGHT THING.
2:37:17PM YOU'RE HELPING US HELP EVERYBODY ELSE.
2:37:20PM SO THESE ARE THE THINGS THAT WE'RE LOOKING AT AND THE MORE
2:37:23PM RESTRICTIVE YOU HAVE, THE MORE PROBLEMS YOU CONCERN.
2:37:27PM THE PEOPLE BE OUT ON THE STREET AND WHAT DO YOU DO WITH
2:37:30PM THEM?
2:37:31PM RIGHT NOW, IF CODE ENFORCEMENT WAS TO -- ALL THE CODES,
2:37:38PM ANOTHER 5,000 PEOPLE ON THE STREETS.
2:37:39PM I CAN TELL YOU BUILDINGS THAT WERE BUILT.
2:37:42PM I CAN TELL YOU HOUSES THAT ADDED ON.
2:37:44PM THAT NOBODY KNEW ABOUT.
2:37:48PM I CAN TELL YOU PEOPLE ARE BUYING HOMES IN FOUR NAMES, BUY
2:37:52PM ANOTHER HOUSE IN THREE NAMES, THE SAME PERSON.
2:37:55PM I THINK THAT'S GOT TO BE LOOKED AT.
2:37:56PM ASIDE FROM THAT, THAT IS A DIFFERENT STORY FOR A DIFFERENT
2:37:59PM DAY.
2:38:00PM I THINK WE'RE MAKING -- NOT WALKWAYS TO GET WHERE WE ARE

2:38:05PM GOING.
2:38:05PM GROUP OF INDIVIDUALS AT WORKFORCE DID A YEOMAN'S JOB IN
2:38:09PM PRESENTING THIS IN A VERY PROPER MANNER AND VERY DIRECT.
2:38:12PM I BELIEVE THE PUBLIC IS HEARING IT AND AMIABLE TO WHAT THEY
2:38:19PM ARE SAYING.
2:38:19PM HOW ARE WE GOING TO FINANCE IT AND GET THINGS DONE AND WHO
2:38:22PM IS GOING TO BUILD AND ALL THAT COMES LATER.
2:38:25PM RIGHT NOW, IF YOU DON'T HAVE A PLAN, YOU DON'T HAVE
2:38:28PM ANYTHING.
2:38:28PM I WANT TO THANK YOU ALL FOR BRINGING THIS FORWARD.
2:38:31PM THANK THE ADMINISTRATION FOR PUSHING YOU TO BRING IT
2:38:34PM FORWARD.
2:38:35PM I KNOW 10,000 UNITS ARE HARD TO FIND, BUT HOPEFUL AND MAYBE
2:38:41PM THEY CAN GET 8,000.
2:38:43PM MAYBE GET TO 7,000.
2:38:45PM 7,000 MORE THAN WE HAD YESTERDAY.
2:38:47PM SO THANK YOU VERY MUCH.
2:38:47PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
2:38:48PM MR. DRUMGO, DO YOU HAVE ANYTHING, MR. BENSON, BEFORE I OPEN
2:38:52PM IT UP TO PUBLIC COMMENT?
2:38:59PM >>ALIS DRUMGO: I JUST WANTED TO SAY -- AND I APPRECIATE THE
2:39:02PM THANKS.
2:39:03PM JUST KIND OF HEARING SOME OF THE COMMENTS, WE ARE HERE ON
2:39:06PM BEHALF OF THE TEAM, THE ADMINISTRATION TO COLLABORATE
2:39:09PM THROUGH THIS PROCESS.

2:39:10PM I JUST WANT TO MAKE SURE THAT FOLKS UNDERSTAND AS WELL THAT
2:39:14PM WE TAKE EVERY CALL, WE LISTEN, WE TAKE EVERY MEETING.
2:39:20PM THIS IS A CULMINATION OF THE WORK AS WE HEARD IT BEFORE
2:39:24PM COUNCIL AS WELL FROM THE PUBLIC THROUGH ALL OF OUR
2:39:26PM ENGAGEMENT.
2:39:27PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
2:39:28PM YES, MA'AM.
2:39:31PM >>LYNN HURTAK: MR. DRUMGO, WE HAD QUITE A FEW PUBLIC COME IN
2:39:37PM AFTER YOUR REQUEST.
2:39:38PM SO IF YOU WOULDN'T MIND RESTATING THAT SO THAT THE PUBLIC
2:39:42PM COMMENTERS KNOW WHAT THE NEW PARAMETERS ARE.
2:39:46PM >>ALIS DRUMGO: THE REQUEST FROM STAFF WAS THAT WE RESERVE
2:39:50PM ALL COMMENT TO THE CONTENT THAT IS BEING PRESENTED.
2:39:53PM THIS SECTION THAT WAS JUST PRESENTED WAS ON LAND USE POLICY.
2:39:56PM THIS COMMENT PERIOD SHOULD BE FOR THAT TOPIC.
2:40:01PM NATURALLY I DEFER TO THE CHAIRMAN ON THE PROCEDURE.
2:40:03PM >>GUIDO MANISCALCO: NO, NO.
2:40:04PM THAT'S FAIR.
2:40:05PM I SEE SOME FOLKS IN THE AUDIENCE THAT I CONSIDER EXPERTS IN
2:40:08PM THAT FIELD.
2:40:09PM WE'LL OPEN IT UP TO PUBLIC COMMENT.
2:40:13PM MR. HAGAN, MS. POYNOR.
2:40:16PM I SEE OTHERS.
2:40:17PM YES, SIR.
2:40:22PM PLEASE STATE YOUR NAME.

2:40:23PM >> MY NAME IS NATHAN HAGAN.
2:40:25PM IT'S HEART-WARMING TO HEAR THE POSITIVE MESSAGES HERE AFTER
2:40:29PM THIS SECTION.
2:40:30PM THERE ARE A LOT OF THINGS ON THE PLATE.
2:40:32PM A LOT OF PEOPLE AT THIS BUFFET.
2:40:34PM I'M JUST GRATEFUL TO HAVE A -- WELL, THIS IS COTTAGE CHEESE
2:40:39PM FOR SOME FOLKS.
2:40:40PM I'M GLAD THAT WE'RE HAVING IT AT THE BUFFET.
2:40:45PM I THINK TODAY IS REALLY ALL ABOUT SORT OF AFFORDABLE HOUSING
2:40:49PM 101.
2:40:51PM IF YOU TALK WITH ME, I WILL TALK ABOUT HOURS FOR THINGS THAT
2:40:55PM FRANKLY I'M NOT QUALIFIED TO TALK ABOUT, THAT ARE A LITTLE
2:40:57PM BIT ADVANCED THAN WHAT IS NECESSARY FOR THIS VENUE.
2:41:00PM I DO WANT TO CALL OUT SOME NUANCES THAT MAYBE FOR SOME OF
2:41:04PM YOU YOU'LL TAKE FROM THE BUFFET AND SOME OF YOU WON'T.
2:41:08PM A POPULAR ONE THAT I LIKE TALKING ABOUT A LOT IS
2:41:10PM McMANSIONIZATION OF SOUTH TAMPA.
2:41:14PM GREAT ARTICLE IN THE TIMES A YEAR OR TWO AGO THAT GOT
2:41:17PM TRACTION AND RESONATED WITH ME.
2:41:19PM I THINK A UNITING CONCEPT.
2:41:21PM NOBODY IS HAPPY WITH THE McMANSIONIZATION OF SOUTH TAMPA.
2:41:25PM 5,000-SQUARE-FOOT HOMES THAT HAVE TAKEN OVER EVERYWHERE
2:41:28PM SOUTH OF KENNEDY.
2:41:31PM THAT IS NOT A UNIQUELY TAMPA CONCEPT.
2:41:34PM THAT IS A RESULT OF OUR LAND USE POLICY, OUR ZONING RULES

2:41:36PM THAT HAVE MADE IT THAT THE ONLY THINGS CAN BE BUILT ARE
2:41:39PM BUILT BY WEALTHY PEOPLE ACCORDING TO THE EXISTING
2:41:41PM ENTITLEMENTS THEY HAVE AND THAT MEANS McMANSIONS.
2:41:43PM YOU'RE SEEING THE SAME DYNAMIC PLAY OUT IN NORTH HYDE PARK
2:41:47PM WHERE I LIVE, WHERE I CAN'T AFFORD THE 800, MILLION DOLLAR
2:41:52PM DOMAIN HOMES.
2:41:53PM WEST TAMPA IS SEEING THAT NORTH OF 275.
2:41:55PM EAST TAMPA WILL SEE THAT TOO.
2:41:57PM IF WE DON'T ALLOW FOR MISSING MIDDLE MULTIFAMILY HOUSING,
2:42:02PM NOTHING BUT AN OPPORTUNITY EXCEPT FOR McMANSIONS.
2:42:06PM THAT IS EXCLUSIONARY ZONING.
2:42:08PM HAS HAPPENED AND CONTINUE TO HAPPEN.
2:42:10PM IT'S NOT A TAMPA CONCEPT.
2:42:11PM ANOTHER THING TO POINT OUT, WHEN WE DO LAND USE REFORM, IF
2:42:15PM YOU DO IT IN VERY NARROW AREAS, IF YOU SAY THIS AREA CAN BE
2:42:19PM REDEVELOPED AND THE REST CAN'T, YOU DRIVE DEVELOPMENT TO
2:42:22PM THAT AND ACCELERATE GROWTH OF LAND VALUES IN THAT AREA.
2:42:25PM IT'S VERY IMPORTANT THAT WAS WE DO LAND USE REFORM, NEEDS TO
2:42:29PM HAPPEN IN A BROAD BASE WAY THAT DOES NOT TARGET A SPECIFIC
2:42:33PM NEIGHBORHOOD FOR SURGES IN LAND COSTS.
2:42:35PM IF YOU MAKE MANY, MANY LOTS DEVELOPABLE, THE VALUE OF THE
2:42:40PM LOTS WILL STAY ABOUT THE SAME.
2:42:41PM IF YOU SAY THESE ARE THE TEN LOTS YOU'RE ALLOWED TO DEVELOP
2:42:44PM ON, 50 DEVELOPERS WILL COMPETE TO GET THAT, THOSE LOTS.
2:42:48PM WE NEED TO BE THINKING ABOUT HOW CAN WE APPLY THESE REFORMS

2:42:52PM SO THAT MANY, MANY LOTS ARE ELIGIBLE AND THAT APPLIES FOR
2:42:57PM MISSING MIDDLE AND BIG MULTIFAMILY PROJECTS.
2:43:00PM I CAN TALK ABOUT EQUITY FOR A WHILE.
2:43:03PM I WOULD ASK -- MORE PRACTICAL MAYBE FOR THIS CONVERSATION --
2:43:08PM CONSIDER YOUR ROLE IN DISCRETIONARY REVIEW PROCESS.
2:43:10PM IF YOU TRULY BELIEVE THAT WE NEED TO REQUIRE 30% AFFORDABLE
2:43:14PM HOUSING TO BILL CARLSON'S POINT, THE PERMITTING PART, YES, I
2:43:19PM LOVE THAT WE WANT TO REFORM THAT AND MAKE IT FASTER.
2:43:22PM THE HARDEST PART OF THAT IS THE PD PROCESS AND THE POLITICAL
2:43:26PM PROCESS THAT THEY GO THROUGH.
2:43:27PM IF THE DEVELOPER IS CHECKING ALL OF YOUR BOXES, CONSIDER HOW
2:43:30PM YOU CAN AVOID THE WHOLE POLITICAL -- THAT FOLLOWS PROJECTS.
2:43:36PM >> MARY OPSAL.
2:43:40PM I'LL GIVE SOME COMMENTS, SOME THINGS THAT WERE SAID.
2:43:43PM ON ONE OF THE SLIDES IT HAS LOCATION AND SAYS MORE
2:43:46PM AFFORDABLE HOUSING WHERE WE NEED IT THE MOST.
2:43:48PM MY CONCERN IS HOW THE WHERE WE NEED IT THE MOST IS DEFINED.
2:43:53PM I WOULD SAY THAT SOUTH TAMPA IS ONE OF THE AREAS WHERE WE
2:43:57PM NEED IT THE MOST.
2:43:58PM WHAT HAPPENED HISTORICALLY IS THEY DEFINED WHERE THE
2:44:01PM AFFORDABLE HOUSING IS NEEDED MOST AND PUT IT IN AREAS THAT
2:44:04PM HAVE NO ACCESS TO AMENITIES.
2:44:07PM PLEASE KEEP THAT IN MIND.
2:44:09PM HOW THESE THINGS ARE DEFINED IS VERY IMPORTANT FOR THE
2:44:11PM OUTCOMES FOR PEOPLE.

2:44:12PM I ALSO ASK YOU TO BE MINDFUL OF YOUR LANGUAGE.
2:44:17PM PLEASE DON'T SAY, BEWARE, IT'S COMING.
2:44:21PM SAYING, HURRAH, IT'S COMING.
2:44:24PM THESE CHANGES ARE GOOD THINGS.
2:44:26PM WHEN YOU USE PHRASES LIKE BEWARE, THAT SENDS A SIGNAL THAT
2:44:30PM THIS IS A BAD THING.
2:44:31PM THIS IS A GOOD THING WHERE WE'RE ACTUALLY TRYING TO FIX
2:44:33PM THINGS AND MAKE THIS A BETTER PLACE TO LIVE FOR EVERYBODY.
2:44:37PM I'LL ALSO NOTE, ALSO QUIT USING ANALOGIES TO CARS.
2:44:41PM THAT IS PART OF THE PROBLEM.
2:44:42PM WE TALK ABOUT ACCELERATOR HITTING THE PEDAL TO THE METAL,
2:44:47PM ALL OF THAT, CARS ARE A PART OF THE PROBLEM.
2:44:51PM ALSO THINKING MOVING AT A SLOTH-LIKE SPEED AND NOT AT A FAST
2:44:56PM SPEED.
2:44:57PM I'M HAPPY THAT WE'RE FINALLY SEEING SUPPORT FOR REDUCING
2:45:01PM PARKING MINIMUMS.
2:45:02PM JUST SO YOU KNOW, THE FORMULAS THAT PARKING MINIMUMS ARE
2:45:06PM BASED ON, THERE IS NO SCIENCE BEHIND THEM.
2:45:09PM THERE IS NO DATA BEHIND THEM.
2:45:10PM WE TALK ABOUT THE IMPORTANCE OF RESEARCH AND DATA.
2:45:13PM THERE IS A CLIMATE TOWN EPISODE, TAKE 30 MINUTES OUT OF YOUR
2:45:16PM LIFE ON YouTube AND WATCH IT.
2:45:19PM IT GIVES YOU THE HISTORY OF PARKING MINIMUMS.
2:45:21PM THERE IS LITERALLY NO SCIENCE BEHIND PARKING FORMULAS, BUT
2:45:26PM YET WE BASE SO MUCH ON THOSE.

2:45:29PM ANOTHER THING, THERE'S ALSO LOTS OF REALLY STUPID RULES THAT
2:45:35PM WE CAN GET RID OF THAT WILL MAKE IT EASIER TO BUILD MORE
2:45:39PM UNITS ON A PIECE OF LAND.
2:45:42PM FOR EXAMPLE, WHERE I LIVE, THERE IS A RULE THAT YOU CAN
2:45:45PM BUILD, BUT THE DOORS HAVE TO FACE THE STREET.
2:45:50PM ACROSS THE STREET FROM ME, THERE IS A LOT WHERE THEY WANT TO
2:45:53PM BUILD A TRIPLEX.
2:45:54PM IT WOULD BE THREE UNITS INSTEAD OF THE EXISTING ONE AND
2:45:57PM THOSE THREE UNITS WOULD BE AT A CHEAPER COST.
2:46:01PM BUT THERE IS A RULE THAT ALL OF THE DOORS HAVE TO FACE THE
2:46:05PM STREET.
2:46:06PM I DON'T KNOW WHY THAT RULE EXISTS.
2:46:07PM YOU CAN GO TO MANY OTHER CITIES AND SEE THAT'S NOT THE CASE.
2:46:12PM MY DAUGHTER LIVES IN PASADENA, CALIFORNIA.
2:46:14PM SHE RENTS A TOWNHOME IN AN AREA WHERE NONE OF THE DOORS FACE
2:46:18PM THE STREET AND IT'S ONE OF THE THINGS THAT MAKES IT MORE
2:46:21PM AFFORDABLE.
2:46:21PM IT ALLOWS THEM TO BUILD MORE UNITS ON THE SAME PIECE OF
2:46:26PM LAND.
2:46:26PM YOU REALLY NEED TO LOOK AT WAYS IN THE COMPREHENSIVE PLAN
2:46:32PM LAND DEVELOPMENT CODE SO YOU CAN BUILD MORE UNITS ON THE
2:46:34PM SAME PIECE OF LAND BECAUSE THE LAND IS THESE DAYS ONE OF THE
2:46:39PM SINGLE-MOST BIGGEST COSTS.
2:46:41PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
2:46:41PM YES, MA'AM.

2:46:43PM PLEASE STATE YOUR NAME.
2:46:44PM >> GOOD AFTERNOON.
2:46:44PM CHLOE CONEY.
2:46:46PM LADY THAT WEARS MANY HATS.
2:46:48PM FIRST OF ALL, I COMMEND YOU, CITY COUNCIL, FOR HAVING THIS
2:46:52PM DISCUSSION TODAY ON HOUSING AND YOUR COMPETENT STAFF.
2:46:55PM I TELL YOU, I WAS IMPRESSED.
2:46:57PM BECAUSE AGAIN, DOING THIS 32 YEARS, A LONG TIME.
2:47:02PM AS WE HEAR THE CRIES OF THE COMMUNITY, AGAIN, I WANT TO SAY
2:47:05PM THANK YOU.
2:47:05PM I HAVE ABOUT THREE SUGGESTIONS I WOULD LIKE TO SAY AND I'LL
2:47:08PM TAKE THE PRIVILEGE, OKAY.
2:47:10PM MY AGE IN TAKING THE PRIVILEGE.
2:47:13PM ONE IS THAT YOU HAVE MANY NONPROFITS IN THE COMMUNITY.
2:47:17PM I DON'T KNOW ALL OF THEM BUT I DO KNOW HABITAT.
2:47:20PM I KNOW CDC OF TAMPA AND EAST TAMPA BUSINESS ALLIANCE.
2:47:23PM I WORKED IN EAST TAMPA, ALL OF THEM HAVE BEEN IN THE
2:47:26PM COMMUNITY OVER 30 YEARS.
2:47:28PM PLEASE PUT TIME AND ENERGY TO STRENGTHEN THEM BECAUSE THEY
2:47:33PM ARE HOUSED IN THAT COMMUNITY.
2:47:35PM THEY ARE NOT PARACHUTED LIKE YOU DID DOMAIN HOMES INTO EAST
2:47:39PM TAMPA BUILDING A HUNDRED HOUSES FOR A DOLLAR.
2:47:42PM BUILD THE CAPACITY.
2:47:43PM MANY OF THEM NOT ONLY BUILD HOUSES BUT THEY PROVIDE OTHER
2:47:47PM VALUABLE SERVICES IN OUR COMMUNITY.

2:47:48PM SO, AGAIN, I HOPE YOU REALLY DO THAT.
2:47:51PM I KNOW SOME OF YOU ARE ALREADY DOING IT.
2:47:53PM LET ME HE SAY THAT.
2:47:54PM THIS IS JUST A PRIVILEGE I HAVE.
2:47:56PM ONE THING I HEAR IN THE COMMUNITY, ABOUT COMMUNITY BENEFITS.
2:48:01PM I WAS INVOLVED IN ST. PETE WORKING WITH CONGRESS WOMAN
2:48:03PM CASTOR WHEN THAT CAME OUT.
2:48:05PM I SEE ST. PETE REALLY DOING THAT WELL.
2:48:07PM I'LL GIVE AN EXAMPLE.
2:48:09PM PEOPLE SAID THE RICHMOND GROUP CAME IN WITH FUN-LAN.
2:48:12PM THEY DID COMMUNITY BENEFIT.
2:48:13PM I DON'T KNOW IF THEY DID OR NOT.
2:48:15PM I HAVEN'T BEEN TO ALL OF THE MEETINGS, BUT A LOT OF OUR
2:48:18PM COMMUNITIES DON'T KNOW WHAT THAT MEAN.
2:48:19PM A LOT OF PEOPLE THAT WANT TO KNOW NOT GETTING THE
2:48:23PM INFORMATION.
2:48:24PM I DON'T KNOW HOW WE'LL GET THE WORD OUT.
2:48:26PM BUT PLEASE, BECAUSE ANYBODY THAT YOU GIVE $12 MILLION TO,
2:48:30PM NOT PICKING ON THEM, JUST SAYING ANYBODY, 30 YEARS, SHOULD
2:48:34PM BE ABLE TO GIVE SOME KIND OF BENEFIT TO THAT COMMUNITY,
2:48:38PM WHATEVER IS DECIDED ON.
2:48:40PM I JUST WANT TO THROW THAT OUT, COMMUNITY BENEFIT.
2:48:43PM THE THIRD ONE, AND YOU HEARD MS. CONNIE BURTON AND I MUST
2:48:48PM SAY SHE WAS RIGHT ON BECAUSE I WAS ONE OF THE FOUNDERS OF
2:48:51PM THE EAST TAMPA CRA COMMITTEE.

2:48:54PM LET'S TAKE AWAY THE BARRIERS.
2:48:57PM I KNOW EVERY TIME I USED TO GO TO MEETINGS, THEY TALK ABOUT
2:49:00PM THE HOUSING AND THE PRESERVATION OF HOMES AND THIS NOT BEING
2:49:04PM DONE AND WHATEVER.
2:49:05PM BUT I HEARD THINGS HAVE GOTTEN BETTER.
2:49:07PM AM I RIGHT?
2:49:08PM I KEEP TURNING TO STAFF.
2:49:09PM HAS IT GOTTEN BETTER?
2:49:10PM OKAY.
2:49:11PM THAT'S WHAT I WANT TO HEAR.
2:49:12PM AGAIN, WE WANT TO MAKE SURE WE CAN GET THOSE DOLLARS OUT
2:49:16PM QUICKLY TO THE COMMUNITY.
2:49:17PM SO THANK YOU.
2:49:18PM MY LAST COMMENT, STEVE, BROUGHT HIM DOWN, WASHINGTON, D.C.,
2:49:24PM NEIGHBORHOOD HOUSING AND ECONOMIC DEVELOPMENT.
2:49:25PM HE HAS OVER 40 NONPROFITS, PROBABLY ABOUT 30 FOR-PROFIT THAT
2:49:30PM IS MISSION DRIVEN.
2:49:32PM EVERYBODY WORKING TOGETHER.
2:49:33PM I DON'T SEE THAT HERE IN TAMPA.
2:49:35PM THE CITY IS DOING THEIR THING.
2:49:37PM THE COUNTY IS DOING THAT, THE PUBLIC IS DOING THIS, AND THE
2:49:40PM PRIVATE.
2:49:40PM I HAVE MS. KIM OVERMAN STANDING OVER THERE DOING THIS
2:49:45PM PROGRAM.
2:49:45PM THAT'S WHAT WE NEED BECAUSE HOUSING IS A MAJOR ISSUE WITH

2:49:48PM ALL OF US AND ONE GOVERNMENT IS NOT GOING TO DO IT.
2:49:50PM THANK YOU FOR LETTING ME HAVE MY SENIOR PRIVILEGE.
2:49:53PM THANK YOU ALL.
2:49:54PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
2:49:55PM YES, MA'AM.
2:49:55PM NEXT SPEAKER, PLEASE STATE YOUR NAME.
2:49:58PM >> I DIDN'T PLAN ON GOING AFTER HER BUT THAT WORKED REALLY
2:50:01PM WELL.
2:50:03PM HI.
2:50:03PM KIMBERLY OVERMAN.
2:50:05PM FOUNDER OF THE HOUSING LEADERSHIP COUNCIL AND ALSO
2:50:08PM PARTICIPATED IN A LOT OF THE PLANNING MEETINGS AND THE LAND
2:50:10PM USE MEETINGS OVER THE LAST SEVERAL YEARS ON HOW WE ACTUALLY
2:50:14PM DEVELOP AFFORDABLE HOUSING.
2:50:15PM WE ACTUALLY DEVELOPED AN INCENTIVE PROGRAM AT THE COUNTY
2:50:19PM USING OUR BONUS DENSITIES AND USING OUR FEE WAIVER PROGRAMS
2:50:24PM AND SET UP A RANKING SYSTEM FOR BEING ABLE TO PRIORITIZE THE
2:50:29PM AMOUNT OF BENNYS, IF YOU WANT TO CALL IT THAT, TO THE
2:50:34PM DEVELOPERS IN ORDER TO BUILD THE HOUSING WE NEEDED.
2:50:36PM UNFORTUNATELY, THE COUNTY KILLED THAT ABOUT THREE WEEKS AGO.
2:50:40PM THEY HAVE ELIMINATED THEIR WAIVERS OF ANY IMPACT MOBILITY
2:50:45PM FEES AFTER THEY SLICED THE AFFORDABLE HOUSING TRUST FUND BY
2:50:48PM 80%.
2:50:49PM I AM VERY PROUD OF THIS COUNCIL AND THE CITY OF TAMPA FOR
2:50:54PM CONTINUING TO PURSUE ONE OF THE LARGEST CRISES WE HAVE IN

2:50:57PM OUR INFRASTRUCTURE.
2:50:59PM AND HOUSING IS INFRASTRUCTURE.
2:51:00PM SO LOOKING AT THE BONUS DENSITIES, LOOKING AT THE ASK FOR
2:51:06PM THE ALLOCATION, 10% IS NOTHING.
2:51:10PM I HATE TO SAY IT, BUT YOU'LL ONLY GET WHAT YOU ASK FOR.
2:51:14PM I ASK FOR 40% AND THEN MAKE THE NUMBERS WORK IF YOU CAN FIND
2:51:17PM A WAY TO DO THAT.
2:51:18PM ONE OF THE WAYS YOU CAN ASK TO DO THAT IS BECAUSE WE DO HAVE
2:51:21PM LIMITATIONS ON THE FINANCING WHICH WE'LL HEAR ABOUT LATER
2:51:24PM AND THE CAPITAL STACKS AND HOW THOSE WORK.
2:51:27PM WE REALLY NEED TO UNDERSTAND THE CAPITAL STACKS TO FIND WHO
2:51:30PM WE CAN FIND THAT WILL LOAN US THE MONEY.
2:51:32PM BECAUSE THE CRAs ARE GOING TO HAVE DIFFICULTY FINDING A
2:51:35PM BANK THAT WILL FINANCE THE WORK THAT NEEDS TO BE DONE
2:51:38PM BECAUSE OF THE ENCUMBRANCES INVOLVED WITH CRA MONEY.
2:51:41PM I THINK IT'S CRITICALLY IMPORTANT THAT WHEN WE LOOK AT THESE
2:51:44PM OPPORTUNITIES THAT WE ALSO LOOK AT THE MECHANICS OF HOW THE
2:51:48PM PROJECTS GET DEVELOPED, WHETHER IT BE SINGLE-FAMILY,
2:51:51PM MULTIFAMILY, TRIPLEXES, DUPLEXES, ANY OF THE ABOVE.
2:51:54PM BUT I THINK IT'S ALSO CRITICALLY IMPORTANT THAT WE TAKE A
2:51:58PM LOOK AT THE ADU ZONING CODES AND THEN HOW WE GO ABOUT IF WE
2:52:04PM INCENT ADUs AS A WAY OF INCREASING DENSITY.
2:52:07PM AND WE USE AFFORDABLE HOUSING STRATEGIES TO DO SO, HOW THAT
2:52:11PM ACTUALLY NEEDS TO BE A FAMILY MEMBER THAT LIVES THERE RATHER
2:52:14PM THAN FIGHT THE BATTLE OF AIRBNBs AND OTHER THINGS.

2:52:19PM BECAUSE FREQUENTLY IF IT'S A FAMILY-RELATED PERSON OR
2:52:24PM AU PAIR OR CAREGIVER, MUCH DIFFERENT SCENARIO FOR A
2:52:28PM COMMUNITY THAN IT IS IF IT IS A WEEK-TO-WEEK RENTAL.
2:52:31PM I THINK THERE ARE OPPORTUNITIES TO OFFER THOSE AS A WAY OF
2:52:35PM LOOKING AT OUR ZONING CODES AND LOOKING AT OUR DENSITY
2:52:38PM BONUSES AS WELL AS THE INCENTIVES THAT WE OFFER TO THE
2:52:42PM PROGRAMS.
2:52:42PM SO THANK YOU.
2:52:43PM SORRY, I WAS TRYING TO GET HERE LISTENING ALONG THE WAY.
2:52:47PM THANK YOU VERY MUCH.
2:52:47PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
2:52:50PM >> ALICE MOORE WITH FLORIDA RISING.
2:52:51PM NOW I'M GOING TO SAY WHAT I WAS REALLY SUPPOSED TO SAY ALL
2:52:56PM THESE TIMES.
2:52:57PM THOUGH WE'RE REMAINING COMMITTED TO FACILITATING THE
2:53:02PM CREATION OF THE UNITS, NOT EVERY PERSON IS READY TO HOME
2:53:07PM OWN.
2:53:07PM A LOT OF PEOPLE PREFER RENTING THAN ANYTHING AND THEN A LOT
2:53:11PM OF PEOPLE TOO HAVE BEEN TIRED OF THEIR HOUSES, NOT TIRED,
2:53:16PM THEY JUST CAN'T AFFORD THEM ANYMORE.
2:53:18PM WE WOULD LIKE TO MAKE SURE EVERYBODY IS AWARE WITH OUR
2:53:21PM SOCIETY CHANGING AND ESPECIALLY WITH YOUNG PEOPLE WE WERE
2:53:23PM JUST TALKING ABOUT A LOT OF YOUNG PEOPLE WOULD LIKE TO START
2:53:26PM GETTING HOMES.
2:53:27PM SO PLEASE CONSIDER, PLEASE CONSIDER THAT WE ARE TRYING TO

2:53:34PM CHANGE.
2:53:35PM THINGS SHOULD BE BETTER FOR US.
2:53:36PM RENTING AND BUYING A HOUSE SHOULD BE A GREAT THING TO DO.
2:53:39PM WE USED TO BE PROUD TO DO THAT, BECAUSE NOW IT'S SO HARD.
2:53:45PM PLEASE GET IT SO WE CAN WIND UP DOING AND GETTING THE
2:53:48PM MULTIFAMILY AND BE ABLE TO HELP THE SINGLE-FAMILY.
2:53:52PM A LOT OF ONE-PARENT HOUSEHOLDS WOULD LOVE TO HAVE A HOUSE.
2:53:55PM AND THEY WOULDN'T HAVE TO WORRY ABOUT THE RENT OR ALL THE
2:53:58PM OTHER THINGS THAT'S HAPPENING.
2:54:00PM THESE ARE THE THINGS THAT WE'RE LOOKING FOR.
2:54:01PM PLEASE THINK ABOUT AND THINK ABOUT THE OTHER FAMILIES AND
2:54:05PM THE SINGLE FAMILIES AND THE SENIORS WHO DEFINITELY,
2:54:08PM DEFINITELY, SOME OF THEM HAVE HOMES AND THEY JUST CAN'T
2:54:11PM REPAIR THEM ANYMORE.
2:54:12PM YOU HAVE A LOT OF SYSTEMS THAT SAY EVERYBODY IS NOT
2:54:15PM KNOWLEDGEABLE ABOUT ALL THE HELP -- [ENCODER DISCONNECT]
2:54:44PM -- THEY MAKE IT SO HARD FOR THEM TO GET IN AND THEY ARE
2:54:48PM FRUSTRATED.
2:54:48PM PLEASE, THIS TIME AROUND, SPREAD THE MONEY OUT, MAKE SURE WE
2:54:51PM CAN WIND UP DOING AND DON'T MAKE IT COMPLICATED FOR THE
2:54:55PM PEOPLE WHO CANNOT UNDERSTAND A LOT OF THE THINGS.
2:54:58PM LIKE THE COMPUTER.
2:54:59PM EVERYBODY CAN'T USE THE COMPUTER.
2:55:01PM SOME PEOPLE GET FRUSTRATED BECAUSE THEY DON'T KNOW HOW, AND
2:55:03PM WE MAKE PEOPLE USE A COMPUTER, BUT THE SAME FOR THE

2:55:06PM FAMILIES.
2:55:07PM PLEASE, PLEASE, PLEASE CONSIDER AND THINK ABOUT THE FAMILIES
2:55:11PM THAT WOULD LOVE TO HAVE A HOUSE AND THE YOUNG PEOPLE WHO
2:55:13PM WANT TO START REACHING OUT AND HAVING A HOME.
2:55:17PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, MA'AM.
2:55:19PM YES, MA'AM.
2:55:20PM NEXT SPEAKER, PLEASE STATE YOUR NAME.
2:55:30PM >> TECHNOLOGY IS KICKING MY BUTT.
2:55:33PM EXCUSE ME JUST A SECOND.
2:55:34PM THANK YOU, SIR.
2:55:40PM THANK YOU FOR THE OVERHEAD.
2:55:43PM LET ME MAKE IT SMALLER.
2:55:44PM THERE WE GO.
2:55:49PM JUST FOR THE RECORD, THAT IS SOUTH TAMPA --
2:55:52PM >>GUIDO MANISCALCO: PLEASE STATE YOUR NAME.
2:55:53PM >> STEPHANIE POYNOR.
2:55:55PM ANYTHING BELOW THE LINE IS SOUTH TAMPA.
2:55:57PM NOTICE HOW IT'S ALL RED.
2:55:59PM THAT IS THE COASTAL HIGH HAZARD AREA.
2:56:02PM IF YOU PUT AFFORDABLE HOUSING IN THE COASTAL HIGH HAZARD
2:56:06PM AREA, IT'S HARD FOR PEOPLE TO EVACUATE.
2:56:10PM ALL OF THE RED IS EVACUATION ZONE A.
2:56:12PM I KEEP GETTING TOLD THAT I DON'T LIVE IN SOUTH TAMPA WHICH I
2:56:16PM FIND QUITE OFFENSIVE.
2:56:17PM I WOULD LIKE TO ALSO POINT OUT TO YOU THESE ARE THE LARGE

2:56:24PM DEVELOPMENTS -- CAN I MAKE IT BIGGER?
2:56:26PM THESE ARE THE LARGER DEVELOPMENTS IN SOUTH TAMPA SOUTH OF
2:56:30PM GANDY.
2:56:31PM AND WE'VE GOT 6197 UNITS THAT BY THE TIME THEY ALL FINISH,
2:56:37PM BETWEEN THE LAST COMP PLAN AND THIS ONE.
2:56:39PM SO WE CAN'T JUST SAY, OH, YOU SHOULD BUILD IN SOUTH TAMPA
2:56:43PM BECAUSE, I'M SORRY, MR. BENSON SAID WE BUILT LIKE 2500 UNITS
2:56:48PM OR SOMETHING LIKE THAT, BUT LOOK HOW MANY OF THEM ARE SOUTH
2:56:52PM OF GANDY.
2:56:53PM WE'VE ALREADY DONE OUR SHARE.
2:56:55PM THANKS ANYWAY.
2:56:56PM AND, OH, BY THE WAY, THOSE FOLKS HAVE TO LEAVE EVERY TIME A
2:57:01PM HURRICANE THREATENS.
2:57:02PM NOT IF IT COMES BUT IF IT THREATENS.
2:57:05PM I'VE STOOD HERE AND WATCHED MANY, MANY TIMES WHERE YOU GUYS
2:57:10PM APPEAR TO BE FRUSTRATED BECAUSE YOU COULD NOT ASK FOR
2:57:14PM AFFORDABLE HOUSING.
2:57:15PM I THINK THIS COMP PLAN AMENDMENT ALLOWS US TO DO THAT
2:57:18PM WITHOUT YOU HAVING TO ASK FOR IT.
2:57:20PM IT'S GETTING OUT THERE, UP IN FRONT.
2:57:23PM I THINK THAT ASKING FOR THIS DENSITY IS ABSOLUTELY
2:57:27PM IMPORTANT.
2:57:27PM I THINK ASKING, OFFERING MORE DENSITY FOR LOWER INCOME
2:57:32PM AVAILABILITY.
2:57:32PM I THINK ASKING FOR MORE DENSITY IN THOSE AREAS OF THE CITY

2:57:38PM AND, YOU KNOW WHAT, STEPHEN GAVE ME A NEW COPY OF IT THIS
2:57:41PM MORNING, WHERE WE HAD THE LEAST AMOUNT.
2:57:43PM 1% IN THE LAST TEN YEARS IN THE UNIVERSITY AREA.
2:57:50PM BUT WE'RE STILL STANDING UP HERE PICKING ON SOUTH TAMPA.
2:57:54PM THIS IS WHAT WE HAVE IN SOUTH TAMPA AND WE HAVE 1% IN THE
2:57:58PM UNIVERSITY AREA.
2:57:59PM I'M KIND OF BEFUDDLED.
2:58:01PM I'M REALLY CONCERNED ABOUT THIS WHOLE PUTTING IT IN THE
2:58:04PM CHHA.
2:58:05PM THE ANTI-PARKING REDUCTIONS, OKAY, HERE ARE MY FEELINGS ON
2:58:09PM PARKING.
2:58:09PM WE CAN REDUCE PARKING.
2:58:11PM I'M ALL IN FOR REDUCING PARKING IF THEY ARE PAYING INTO
2:58:14PM PUBLIC TRANSIT.
2:58:16PM SORRY, NOT SORRY.
2:58:17PM IF YOU'RE GOING TO REDUCE THEIR OVERHEAD AND COSTS BY $8
2:58:20PM MILLION, WHICH IS THE AMOUNT THAT WAS IN THE SUSTAINABILITY
2:58:25PM REPORT, THEN PUT 2 MILLION OF THAT INTO PUBLIC TRANSIT.
2:58:30PM WE WILL NEVER HAVE PUBLIC TRANSIT, BUT YOU HAVE TO HAVE A
2:58:34PM CAR TO LIVE HERE.
2:58:36PM AND THEY ARE RIDICULOUSLY EXPENSIVE.
2:58:38PM YOU CANNOT IGNORE THAT, EVEN ON A PUBLIC TRANSIT LINE, THOSE
2:58:42PM BUSES DON'T RUN ALL THE TIME.
2:58:44PM AND DON'T FORGET, BEACH PARK ALSO IS PART OF SOUTH TAMPA AND
2:58:49PM THEY HAVE 900 NEW APARTMENTS COMING JUST DOWN THE STREET.

2:58:52PM THANK YOU.
2:58:53PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
2:58:53PM YES, MA'AM, PLEASE STATE YOUR NAME.
2:59:01PM >> GOOD AFTERNOON.
2:59:01PM MY NAME IS DR. SHERMAIN MOSS TORRES, AND I AM HERE
2:59:05PM REPRESENTING THE CDC OF TAMPA.
2:59:07PM MY MOM, MY LATE MOTHER, I SHOULD SAY, SHE WAS THE FIRST
2:59:16PM COURT STENOGRAPHER IN THE CITY OF BUFFALO IN NEW YORK.
2:59:21PM ALL THOSE YEARS AGO, SHE WAS THE HIGHEST EARNER OF THOSE
2:59:27PM COURT STENOGRAPHERS AND SHE WAS AN AFRICAN AMERICAN WOMAN.
2:59:31PM IT MADE THE NEWS.
2:59:32PM SO AT MY YOUNG AGE, I REALLY DIDN'T UNDERSTAND WHAT THAT WAS
2:59:37PM ALL ABOUT.
2:59:38PM OF COURSE, NOW I HAVE A DIFFERENT UNDERSTANDING.
2:59:40PM BUT I REMEMBER -- SHE OWNED HER OWN HOUSE.
2:59:45PM BIG BEAUTIFUL HOME THAT SHE LOVED DEARLY.
2:59:47PM I REMEMBER THE REMARKS PEOPLE WOULD MAKE ABOUT WHO SHE WAS
2:59:50PM AND HOW BEAUTIFUL SHE WAS AND ALL THESE POSITIVE ATTRIBUTES.
2:59:53PM IT WAS A WONDERFUL THING.
2:59:55PM BUT NOW THAT I THINK ABOUT IT, SHE ALWAYS USED TO TELL ME,
3:00:00PM CHARMANE, WHEN WE DROVE BY EITHER SOMEONE OR SOME PLACE THAT
3:00:04PM APPEARED TO BE LESS OR IN A DISENFRANCHISED AREA, SHE WOULD
3:00:09PM ALWAYS TELL ME BY THE GRACE OF GOD THERE GO I.
3:00:14PM AS I BEGAN TO EMBARK ON MY CAREER I THOUGHT ABOUT THAT.
3:00:18PM I HAD TO WORK WITH A CLIENT WHO KEPT TELLING ME THAT SHE

3:00:21PM COULDN'T MAKE HER APPOINTMENTS BECAUSE SHE COULDN'T GET
3:00:24PM THERE.
3:00:25PM SO WHAT I DID LITERALLY WAS JUDGE THAT PERSON AND SAY YOU
3:00:29PM MUST NOT THINK THIS IS IMPORTANT.
3:00:30PM THIS IS THERAPY.
3:00:31PM IT'S IMPORTANT.
3:00:32PM YOU CAN GET HERE IF YOU NEED TO GET HERE.
3:00:35PM I JUDGED THAT WOMAN.
3:00:37PM WHAT I SHOULD HAVE BEEN SAYING, BUT FOR THE GRACE OF GOD
3:00:41PM THERE GO I.
3:00:42PM WHAT I DID WITH A COUPLE OF COLLEAGUES IS WE TOOK THE BUS
3:00:45PM FROM THE AREA THAT SHE LIVED TO WHERE WE WORKED.
3:00:48PM IT TOOK US OVER THREE HOURS TO GET THERE.
3:00:52PM I WAS HOT AND SWEATY.
3:00:56PM CARS THREW DIRT.
3:00:58PM THERE AREN'T A LOT OF SIDEWALKS IN TAMPA COME TO FIND OUT.
3:01:01PM BY THE TIME I GOT THERE I FELT SO BAD AND HUMILIATED BECAUSE
3:01:05PM I TOOK A POSITION OF THIS PERSON BASED ON PROBABLY THE FACT
3:01:08PM THAT SHE DIDN'T LIVE NEAR ME OR SHE HAD TO BE SUCCUMBED TO
3:01:15PM ME BECAUSE I WAS HER THERAPIST.
3:01:17PM I WANT TO THANK THIS CITY COUNCIL TODAY FOR HAVING THE
3:01:20PM CONVERSATION.
3:01:20PM I WANT TO SAY TO YOU, TOO, AS YOU MAKE THE DECISIONS, PLEASE
3:01:25PM RECONSIDER INVESTMENTS FOR HOME OWNERSHIP.
3:01:28PM SOMEONE LIVING IN THEIR OWN HOME HAS A BETTER OPPORTUNITY TO

3:01:32PM BE ABLE TO NOT ONLY REPRESENT THEMSELVES BUT THEIR FAMILIES
3:01:36PM AS WELL AND THEY HAVE THE OPPORTUNITY TO MAKE DIFFERENT
3:01:39PM CHOICES.
3:01:39PM ALWAYS HAD A CAR.
3:01:41PM ALWAYS ABLE TO GET TO MY JOB.
3:01:43PM DIDN'T MEAN I DIDN'T NEED TO SUPPORT THOSE WHO DIDN'T.
3:01:46PM I WILL LEAVE WITH YOU TODAY AS WELL, YOU ARE IN A POSITION
3:01:50PM TO MAKE A DIFFERENCE IN THE FAMILIES OF ALL THE PEOPLE
3:01:52PM COMING BEFORE YOU.
3:01:53PM YOU HAVE A RESPONSIBILITY TO REPRESENT THE CONSTITUENTS.
3:01:56PM YOU HAVE THE RESPONSIBILITY TO OPENLY SPEAK ABOUT RACISM AND
3:02:00PM ITS IMPACT ON HOME OWNERSHIP IN TAMPA.
3:02:04PM SO BY THE GRACE OF GOD, THANK YOU.
3:02:06PM >>GUIDO MANISCALCO: THANK YOU, DOCTOR.
3:02:08PM YES, SIR.
3:02:08PM COUNCIL MEMBER CLENDENIN.
3:02:09PM >>ALAN CLENDENIN: A COUPLE OF OBSERVATIONS SOME OF THE
3:02:12PM COMMENTS THAT HAVE COME UP --
3:02:14PM >>ABBYE FEELEY: I THINK THERE'S ONE PERSON ONLINE THAT
3:02:16PM WANTED TO SPEAK.
3:02:19PM >>GUIDO MANISCALCO: DO WE HAVE SOMEONE ONLINE?
3:02:21PM CARROLL ANN BENNETT, IF YOU ARE ONLINE AND WOULD LIKE TO
3:02:25PM SPEAK, PLEASE UNMUTE YOURSELF AND STATE YOUR NAME.
3:02:28PM >> HI.
3:02:28PM MY NAME IS CARROLL ANN BENNETT.

3:02:30PM I APOLOGIZE FOR NOT BEING THERE IN PERSON.
3:02:33PM I'M ACTUALLY ON VACATION.
3:02:37PM I'M OUT OF STATE.
3:02:38PM BUT I JUST WANTED TO COMMENT ON THE REPORT THAT THIS
3:02:45PM PowerPoint IS BASED ON.
3:02:47PM I'M GOING TO QUALIFY BY SAYING I SAW THE PRELIMINARY.
3:02:51PM I HAVEN'T BEEN ABLE TO ACCESS THE FINAL.
3:02:53PM BUT IN THE PRELIMINARY, ONE OF THE THINGS THAT I THOUGHT WAS
3:02:56PM VERY INTERESTING WAS THAT IT SAID WE REALLY NEED TO BE
3:03:01PM BUILDING WHERE THE EMPLOYMENT CENTERS ARE AND THAT HAS A LOT
3:03:05PM TO DO WITH REDUCING THE TRANSPORTATION COSTS, IF PEOPLE CAN
3:03:08PM LIVE NEAR WHERE THEY WORK.
3:03:10PM THE EMPLOYMENT CENTERS WERE DOWNTOWN, WESTSHORE, AND USF.
3:03:13PM OCCASIONALLY, THAT'S ALSO -- COINCIDENTALLY, THAT'S WHERE
3:03:18PM THE TRANSPORTATION DEPARTMENT SAID EASIEST AND
3:03:21PM COST-EFFECTIVE TO START INCREASING MASS TRANSIT WHICH ALL
3:03:24PM TIES IN TOGETHER TO MAKE A BETTER SITUATION, REDUCE THAT.
3:03:29PM I WOULD ALSO LIKE TO TALK ABOUT THE FACT THAT THE REPORT
3:03:34PM SAYS THAT THE TWO AREAS THAT HAVE CONTRIBUTED THE MOST UNITS
3:03:37PM IN THE ENTIRE CITY ARE SOUTH TAMPA AND CENTRAL TAMPA.
3:03:41PM AGAIN, I DON'T WHERE THIS COMES FROM, NO BUILDING IN SOUTH
3:03:45PM TAMPA, BUT THERE IS.
3:03:47PM I WOULD ALSO LIKE TO TALK ABOUT THE BONUS THAT STEPHEN WAS
3:03:53PM TALKING ABOUT.
3:03:54PM I THINK THAT'S GREAT, BUT THESE ARE AFFORDABLE HOUSING THAT

3:03:57PM WILL BE INCOME BASED, THAT ARE GOING TO BE CONTROLLED.
3:04:00PM I'D LIKE TO TALK ALSO ABOUT NATURALLY OCCURRING AFFORDABLE
3:04:04PM HOUSING.
3:04:05PM AND ONE OF THE WAYS YOU DO THAT IS BY ALLOWING THE DENSITY,
3:04:11PM BUT YOU ALLOW THE DENSITY OF MULTIFAMILY IN A TWO-STORY
3:04:15PM APARTMENT BUILDING, THREE-STORY, FOUR-STORY, INSTEAD OF A
3:04:18PM HIGH-RISE.
3:04:19PM BECAUSE IF YOU HAVE THE SAME NUMBER OF UNITS AND THEY ARE
3:04:23PM SMALLER AND THEY ARE NOT AS TALL, ONE, THE COMMUNITY IS
3:04:26PM GOING TO BE MORE SUPPORTIVE OF THEM.
3:04:28PM TWO, IT COSTS THE CITY LESS MONEY TO FIGHT A FIRE IN THEM.
3:04:32PM THREE, YOU HAVE CREATED NATURALLY OCCURRING AFFORDABLE
3:04:37PM HOUSING THAT IS NOT HAVE AN INCOME BASED QUALITY.
3:04:42PM THAT IS EXTREMELY IMPORTANT.
3:04:43PM IT'S ONE OF THE PIECES OF THE PUZZLE.
3:04:45PM ALSO LIKE TO ADDRESS THE THING ABOUT AIRBNBs AND ADUs.
3:04:50PM ONE OF THE MAIN REASONS PEOPLE OPPOSE THEM IS THEY DON'T
3:04:53PM WANT THEM TO BE AIRBNBs.
3:04:55PM MS. OVERMAN WAS TALKING ABOUT FAMILY LIVING IN THERE, AND
3:04:58PM SHE MAY NOT BE AWARE THAT AT THIS POINT IN TIME TODAY,
3:05:02PM ANYPLACE IN THE CITY OF TAMPA AN ADU CAN BE BUILT FOR A
3:05:06PM FAMILY MEMBER.
3:05:07PM THERE'S NO GEOGRAPHIC AREA ANYWHERE IN THE CITY WHERE THAT'S
3:05:10PM NOT ALREADY ALLOWED.
3:05:11PM I'M HAVING TECHNICAL DIFFICULTIES.

3:05:15PM I'M IN A VERY RURAL AREA.
3:05:18PM I ACTUALLY MISSED ABBYE AND STEPHEN'S ENTIRE PRESENTATION,
3:05:22PM BUT I'M GOING TO CATCH UP ON IT.
3:05:24PM THANK YOU VERY MUCH.
3:05:25PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
3:05:25PM THAT CONCLUDES PUBLIC COMMENT.
3:05:27PM COUNCIL MEMBER CLENDENIN.
3:05:28PM >>ALAN CLENDENIN: I WANTED TO PROVIDE SOME CLARITY BECAUSE
3:05:32PM SOME OF THE TOPICS THAT CAME UP TODAY.
3:05:34PM ON THE PROPOSED COMPREHENSIVE PLAN UPDATE AND MR. BENSON CAN
3:05:38PM CORRECT ME IF I'M WRONG, BUT THE PROPOSED BONUS DENSITIES
3:05:43PM ARE NOT GOING TO INCLUDE COASTAL HIGH HAZARD AREAS.
3:05:46PM THAT'S YOUR PROPOSAL, CORRECT?
3:05:50PM >>STEPHEN BENSON: THE DISCUSSIONS THAT WE BROUGHT TO YOU AT
3:05:52PM THIS POINT, THE INFORMATION THAT HAS REALLY JUST BEEN
3:05:55PM RECOMMENDATIONS.
3:05:55PM AGAIN, VERY DISTILLED DOWN.
3:05:57PM THERE'S NO LANGUAGE YET.
3:05:58PM YES, THEY HAVE LEFT OUT -- THAT HAS BEEN A QUALIFIER WHERE
3:06:03PM THE BONUS -- YOU CANNOT ASK FOR A BONUS IN THE CHHA.
3:06:08PM THAT'S BEEN THE PROPOSAL THAT PLANNING COMMISSION STAFF HAS
3:06:11PM PUT FORWARD.
3:06:11PM >>ALAN CLENDENIN: THAT WAS MY UNDERSTANDING.
3:06:13PM A LOT OF THE DISCUSSION WE HAD ON A LOT OF YOUR SLIDES
3:06:16PM REALLY PERTAIN TO, AGAIN, LIKE I WAS TALKING ABOUT, THE

3:06:19PM TRANSPORTATION CORRIDORS, SO WE'RE NOT GOING TO NECESSARILY
3:06:22PM IMPACT, NOT DIGGING DEEP INTO NEIGHBORHOODS AND DRAMATICALLY
3:06:25PM OVERTURNING PREDICTABILITY AND THINGS INDIVIDUAL'S HOUSES.
3:06:30PM AGAIN, I THINK YOU USED A PHRASE LIKE THE RIGHT BUILDING IN
3:06:32PM THE RIGHT PLACE.
3:06:36PM IS THAT A PHRASE I'VE HEARD?
3:06:38PM >>STEPHEN BENSON: YES, SOUNDS EASY BUT YES.
3:06:41PM >>ALAN CLENDENIN: THAT IS OUR GOAL, NOT NECESSARILY TO BUILD
3:06:45PM SMART DENSITY ALONG THESE AREAS THAT WE CAN ENCOURAGE THIS
3:06:48PM TYPE OF DEVELOPMENT AND GROWTH AND USE THE BONUS DENSITIES
3:06:50PM AS A WAY OF ENHANCING WHERE WE'LL GO.
3:06:53PM IT'S COME UP A COUPLE OF TIMES.
3:06:57PM ONE, MR. CARLSON, I KNOW YOU'RE TALKING ABOUT THE
3:07:00PM PERMITTING.
3:07:01PM I'VE BEEN APPROACHED WITH THE EXACT SAME DISCUSSIONS.
3:07:03PM EVERY SINGLE TIME I'VE ASKED, GIVE ME SOMETHING SPECIFIC, I
3:07:08PM BROUGHT IT UP TO MS. FEELEY AND OTHER FOLKS.
3:07:11PM IT'S ALWAYS A GOOSE CHASE.
3:07:14PM IT NEVER PANS OUT.
3:07:16PM EVERY SINGLE TIME.
3:07:17PM I KNOW I'VE TALKED TO MR. MICHELINI, IF YOU ARE LISTENING,
3:07:20PM COME FORWARD, BECAUSE I'VE ASKED FOR VERY SPECIFICS ABOUT
3:07:24PM THIS BECAUSE I TALKED TO THE BUILDING TRADES FOLKS AS WELL
3:07:27PM BECAUSE I HEARD THE SAME BIT.
3:07:29PM BUT THEY CAN'T TELL ME EXACTLY, GIVE ME A SPECIFIC PERMIT OR

3:07:34PM A SPECIFIC PROBLEM BECAUSE I WILL GO AND I WILL CHASE IT
3:07:39PM DOWN AND GET IT FIXED.
3:07:40PM EVERY SINGLE TIME I ASK IT DOESN'T COME FORWARD.
3:07:43PM ANYBODY OUT THERE LISTENING, CALL MY OFFICE AND I WILL CHASE
3:07:46PM IT DOWN FOR YOU.
3:07:47PM I KNOW OUR STAFF WILL CHASE IT DOWN FOR YOU.
3:07:50PM I KNOW THEY ARE WORKING ON DOING WHAT THEY CAN DO TO FIX OUR
3:07:53PM PROBLEMS.
3:07:54PM ONE THING COME UP A COUPLE OF TIMES AND THAT IS BARRIERS --
3:07:57PM I KNOW THIS IS KIND OF OUT OF THIS SEGMENT, BUT REVISITING
3:08:01PM WHAT WE TALKED ABOUT BEFORE BUT CAME UP DURING PUBLIC
3:08:03PM COMMENT FOR THIS, ARE THERE BARRIERS FOR THE CRAs FOR
3:08:08PM SPENDING MONEY ON REHAB?
3:08:09PM I KNOW I'VE HEARD IT A COUPLE OF TIMES.
3:08:13PM ARE THERE BARRIERS THAT WE NEED TO FIX?
3:08:14PM ARE THERE PROBLEMS THERE?
3:08:16PM I'VE HEARD IT TWICE NOW.
3:08:20PM >>GUIDO MANISCALCO: MR. DRUMGO.
3:08:21PM >>ALIS DRUMGO: I SEE DIRECTOR MOODY SITTING BACK THERE
3:08:26PM THINKING ABOUT COMING UP HERE.
3:08:27PM >>ALAN CLENDENIN: SHE'S SMART.
3:08:29PM SHE DIDN'T JUMP UP LIKE YOU DID.
3:08:31PM [ LAUGHTER ]
3:08:32PM >>ALIS DRUMGO: I'LL SPEAK TO IT.
3:08:34PM WE HAVE HAD BARRIERS IN THE PAST I THINK.

3:08:36PM SOME OF THAT IS JUST RELATIVE TO PROCESS.
3:08:39PM I THINK YOU'LL HEAR DIRECTOR HENDERSON TALK ABOUT HOW WE'RE
3:08:45PM STREAMLINING PROCESSES.
3:08:46PM THERE HAVE BEEN THESE PUSHES AND PULLS TO CREATE TWO
3:08:49PM SEPARATE MECHANISMS AS TO HOW FOLKS RECEIVE FUNDING AND HOW
3:08:52PM WE APPLY FOR CITY RELATED GRANTS VERSUS CRA GRANTS.
3:08:56PM THE CAPACITY OF STAFF TO BE ABLE TO DO THAT HASN'T BEEN
3:09:01PM THERE.
3:09:01PM THOSE HAVE BEEN LIMITATIONS AND BARRIERS.
3:09:04PM THE RESIDENTIAL ROOF PROGRAM THAT WE HAD HAS FLOWED -- IT'S
3:09:08PM BEEN AMAZING.
3:09:09PM WE DID A HUNDRED ROOFS IN A YEAR AND NO ONE IS TALKING ABOUT
3:09:12PM THAT BECAUSE THERE HAVEN'T REALLY BEEN A TON OF ISSUES.
3:09:18PM PART OF THE STREAMLINING OF PROCESSES AS WELL IS MERGING SO
3:09:22PM THAT WE HAVE A UNIFIED SYSTEM AND UTILIZING JOB ORDER
3:09:26PM CONTRACT SYSTEM WITH OUR PROCUREMENT TEAM SO THAT WE DON'T
3:09:29PM HAVE ALL THOSE SPECIFIC BARRIERS.
3:09:32PM I WILL TELL YOU THAT THE PERCEPTION OF THE BARRIERS COMES
3:09:36PM FROM THE USERS BECAUSE THERE ARE FOLKS WHO WANT TO BE ABLE
3:09:38PM TO TAKE A HUNDRED THOUSAND DOLLARS OF CITY MONEY, RECEIVE A
3:09:41PM RENOVATION AND HAVE NO STIPULATIONS.
3:09:44PM SO WHEN YOU THINK ABOUT THE PROTECTION OF THE INVESTMENT,
3:09:48PM PROTECTION OF THE TAX DOLLARS, AND THEN ALSO FOLKS WHO MAY
3:09:51PM WANT TO IN TURN SELL THOSE HOUSES IMMEDIATELY AFTER THEY
3:09:58PM RECEIVE THE RENOVATIONS, THOSE ARE CONSIDERATIONS WE HAVE TO

3:10:00PM LOOK AT AND THINGS WE HAVE TO TELL PEOPLE, WE'RE ALL ABOUT
3:10:03PM GENERATIONAL WEALTH BUT WE CAN'T TURN AROUND AND LET YOU
3:10:05PM FLIP THAT HOUSE.
3:10:06PM WE'RE ALL ABOUT GENERATIONAL WEALTH BUT AT THE SAME TIME
3:10:08PM YOU'RE ONLY GOING TO CONTRIBUTE TO THE GENTRIFICATION OF
3:10:10PM YOUR COMMUNITY BY SELLING TO SOMEONE AFTER YOU COMPLETED
3:10:13PM THOSE RENOVATIONS.
3:10:15PM SO ALL THE SOLUTIONS THAT WE BRING BEFORE YOU HAVE A
3:10:18PM COMBINATION OF SOLUTIONS FOR THE PUBLIC USERS AND PROTECTION
3:10:21PM OF THE CITY INVESTMENT AND ASSETS AS WELL AS YOUR CRA.
3:10:29PM >>ALAN CLENDENIN: THANK YOU FOR THE CLARIFICATION.
3:10:30PM I HOPE YOU ALL LISTENED TO THAT.
3:10:32PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
3:10:32PM YOU HAVE TWO MORE SECTIONS IN THE PRESENTATION.
3:10:34PM >>ALIS DRUMGO: WE DO.
3:10:35PM DIRECTOR HENDERSON IS UP NEXT TO TALK ABOUT THE INVESTMENT
3:10:42PM STRATEGY.
3:10:44PM >>KAYON HENDERSON: GOOD AFTERNOON.
3:10:46PM KAYON HENDERSON, DIRECTOR FOR HOUSING AND COMMUNITY
3:10:48PM DEVELOPMENT DIVISION.
3:10:51PM SO I AM GOING TO TALK ABOUT REALLY WHAT THE FY '24
3:10:56PM INVESTMENT STRATEGY WILL BE.
3:10:58PM SO WE'LL GO OVER A FEW PROGRAM RECOMMENDATIONS.
3:11:01PM REALLY RIGHT HERE YOU'LL SEE WHERE WE ARE LOOKING AT THE
3:11:05PM INCREASE IN FUNDING FROM CRA AND FROM GENERAL FUNDS.

3:11:10PM I THINK EARLIER IT WAS STATED AND ASKED WHETHER USING KDBG
3:11:14PM AND SHIP DOLLARS.
3:11:15PM THE ANSWER IS YES.
3:11:16PM LEVERAGING FEDERAL AND STATE FUNDS ALSO.
3:11:19PM WHILE WE LEVERAGE SOME OF THE FUNDS, IT REALLY IS SPECIFIC
3:11:22PM TO PROGRAMMATIC REGULATIONS SO WE MUST BE CAREFUL WE STAY IN
3:11:27PM COMPLIANCE WITH THE FUNDS.
3:11:28PM AS WE CONTINUE TO PULL THOSE OUT, WE'RE LEVERAGING WHAT WE
3:11:31PM HAVE LEFT.
3:11:32PM HOMELESSNESS, WE KEPT THE SAME TARGET FOR FY '23 TO FY '24,
3:11:35PM WHICH IS ABOUT SEVEN AND A HALF MILLION DOLLARS.
3:11:38PM STABILITY FOR RENTERS WENT DOWN FROM 6.2 MILLION TO 3.1
3:11:42PM MILLION.
3:11:42PM THAT REALLY IS OUR RENTAL MOVING ASSISTANCE PROGRAM KNOWN AS
3:11:46PM THE R MAP PROGRAM.
3:11:48PM EARLIER COUNCILWOMAN HURTAK TALKED ABOUT SOME OF THE CHANGES
3:11:50PM AND I'LL GO INTO SOME OF THOSE CHANGES IN A LITTLE BIT ABOUT
3:11:53PM HOW WE WERE ABLE TO LOOK AT WHAT THE QUICK WINS WOULD BE TO
3:11:57PM REALLY START SERVING THOSE REALLY MOST VULNERABLE AND WHO
3:12:00PM COULD ACCESS THOSE FUNDS.
3:12:03PM LOOKING AT NEW PROGRAMS TO FILL THE GAPS AND HOUSING
3:12:09PM AFFORDABLE COMMITTEE AND OTHER PRACTITIONERS REALLY ON
3:12:11PM LONG-TERM GOALS AND CHANGES.
3:12:13PM AS WE GO FORWARD, REALLY ENGAGING THOSE EXTERNAL
3:12:16PM STAKEHOLDERS.

3:12:16PM WE ARE LOOKING AT THE SUSTAINABILITY, THE SUPPORT FOR HOME
3:12:20PM OWNERSHIP AND CREATION AND PRESERVATION AND REALLY WHAT WE
3:12:23PM MEAN WHEN WE TALK ABOUT THE PRESERVATION IS WE WANT TO
3:12:26PM ENSURE THAT HOMES THAT ARE AFFORDABLE NOW STAY AFFORDABLE IN
3:12:29PM THE FUTURE.
3:12:30PM SO WE WANT TO RETAIN ANY EXISTING AFFORDABLE HOUSING THAT
3:12:34PM THIS COULD BE FOR THOSE THAT ARE SUBSIDIZED, IF IT'S MARKET
3:12:37PM RATE AND TRYING TO GET THOSE TO REMAIN AFFORDABLE AS WELL AS
3:12:43PM PROTECTING AFFORDABILITY FOR CURRENT AND FUTURE RESIDENTS.
3:12:46PM SIMILAR TO WHAT DEPUTY ADMINISTRATOR DRUMGO STATED IS TO
3:12:49PM MAKE SURE THAT WE KEEP THOSE UNITS FOR THE FUTURE.
3:12:53PM HERE YOU'LL SEE SOME OF THE RECOMMENDATIONS THAT WE HAVE FOR
3:12:57PM RENTERS.
3:12:58PM FOR OUR RENTAL AND MOVE-IN ASSISTANCE, IT WAS REDUCED BY 2
3:13:02PM MILLION FROM LAST YEAR OR ROUGHLY 2 MILLION.
3:13:05PM SO THE REDUCTION REALLY ALLOWED US TO LOOK AT THE PROGRAM.
3:13:09PM AS SUCH, WE HAVE MADE SOME MINOR CHANGES TO THE PROGRAM BY
3:13:12PM ADDING EVICTION DIVERSION.
3:13:15PM WHEN WE HAD FUNDS DURING THE COVID ERA, SOME OF THOSE FUNDS
3:13:20PM COULD BE USED FOR DIVERSION OR EVICTION DIVERSION.
3:13:23PM HOWEVER, NONE OF THE STATE AND FEDERAL FUNDS THAT WE HAVE
3:13:26PM COULD ADDRESS THAT NEED.
3:13:27PM SO WE WANTED TO MAKE SURE THAT WE WERE PROVIDING RENTAL
3:13:30PM ASSISTANCE, BUT WE WANTED TO GET AHEAD AND SAY SOMEONE JUST
3:13:34PM NEEDING DIVERSION UP TO TWO MONTHS AND REMAIN IN THE UNIT

3:13:38PM THEY COULD AFFORD BUT FELL BEHIND IN HARD TIMES AND WE ALSO
3:13:41PM WANTED A PROGRAM AVAILABLE FOR THAT.
3:13:43PM WE ALSO WANTED TO MAKE SURE THAT, ONE, WE WERE KEEPING THEM
3:13:46PM STABLY HOUSED.
3:13:48PM WE LOOKED AT UTILITY AND SECURITY DEPOSIT PROGRAMS WHERE FOR
3:13:52PM SOME INDIVIDUALS, BELIEVE IT OR NOT, THEY COULD HAVE LOST A
3:13:56PM VOUCHER OR A SUBSIDIZED UNIT BECAUSE THEY DIDN'T HAVE A
3:13:59PM SECURITY DEPOSIT OR UTILITY DEPOSIT.
3:14:01PM BEING ABLE TO GIVE THAT ONE-TIME PAYMENT TO HELP SOMEONE
3:14:05PM SECURE THAT AFFORDABILITY AS WELL AS OUR TENANT BASED RENTAL
3:14:08PM ASSISTANCE THAT WE CONTINUE TO SUPPORT AND THAT WE SUPPORT
3:14:11PM WITH OUR HOME FUNDS WHICH IS FEDERAL.
3:14:13PM THIS SHOWS OUR RENTAL MOVE-IN ASSISTANCE PROGRAM.
3:14:19PM THE PROGRAM REOPENED ON FEBRUARY 1st, AND WE HEARD SOME OF
3:14:23PM THE COMPLAINTS.
3:14:24PM SO WE REALLY ADDRESSED WHAT WAS GOING ON.
3:14:26PM WE REALIZED THAT WHILE WE HAD LIMITED FUNDS, WE WANTED TO
3:14:30PM MAKE SURE THEN THAT WE LOOKED AT THOSE WHO WERE REALLY AT A
3:14:34PM PLACE WHERE THEY NEED IT THE MOST.
3:14:36PM WE LIMITED HOW MUCH FUNDS WENT TO THAT 0 TO 50 PERCENT WOULD
3:14:40PM BE 50 PERCENT OF THE ALLOCATION.
3:14:42PM THOSE WHO ARE 50 TO 80 PERCENT WOULD GET 40 PERCENT OF THE
3:14:45PM ALLOCATION.
3:14:46PM AND THEN THE REST OF THE POPULATION WOULD GET ABOUT 10% OF
3:14:49PM THE ALLOCATION.

3:14:50PM THAT'S REALLY RECOGNIZING THAT THOSE WHO WERE IN THAT 0 TO
3:14:53PM 50 PERCENT AMI NEED ADDITIONAL FUNDS AND MORE SUPPORT SO WE
3:14:57PM CERTAINLY WANT TO HAVE THAT THERE FOR THEM.
3:14:59PM THIS IS A QUICK BREAKDOWN OF ABOUT TWO WEEKS OF THE WORK
3:15:02PM THAT WE HAVE DONE.
3:15:03PM ONE OF THE THINGS WE'VE ALSO BEEN VERY INTENTIONAL IN DOING
3:15:06PM IS TRACKING HOW MANY APPLICATIONS THAT WE'RE RECEIVING BY
3:15:10PM DISTRICT.
3:15:10PM AS WE'RE LOOKING AT AFFORDABLE HOUSING AND LOOKING TO REALLY
3:15:14PM INVEST IN COMMUNITIES WANTING TO KNOW WHERE WE GET MOST OF
3:15:16PM THE APPLICATIONS FROM.
3:15:18PM FOR SUPPORT FOR HOMEOWNERS, THE FIRST-TIME HOME BUYER
3:15:26PM PROGRAM REALLY -- WE'VE HAD IT FOR QUITE SOME TIME AND
3:15:30PM PROVIDED GAP FINANCING FOR HOME BUYERS TO PURCHASE THEIR
3:15:32PM FIRST HOME HERE IN THE CITY OF TAMPA.
3:15:34PM ADDITIONALLY, ALL REHAB PROGRAMS, AS MR. DRUMGO JUST
3:15:39PM MENTIONED, WE'RE TRYING TO UNIFY AND HAVE A VERY COORDINATED
3:15:43PM PROCESS IN MAKING SURE THAT AS PEOPLE ARE APPLYING, WE'RE
3:15:46PM REDUCING SOME OF THOSE BARRIERS.
3:15:48PM SO WE WANT TO MAKE SURE THAT WE DON'T HAVE TWO SEPARATE
3:15:51PM PROGRAMS WHERE PEOPLE ARE APPLYING TO TWO SEPARATE LISTS.
3:15:55PM ONE UNIFIED LIST, SO PEOPLE CAN COME THROUGH AND WE HAVE A
3:15:58PM VERY COORDINATED EFFORT TO ASSIST THOSE INDIVIDUALS.
3:16:00PM WHILE THE PROGRAM ITSELF MAY HAVE DIFFERENT TERMS BASED ON
3:16:04PM THE AMOUNT OF SUBSIDY THAT THEY HAVE RECEIVED, THIS REALLY

3:16:08PM WILL ALLOW THE INTAKE PROCESS AND THE MONITORING OF THE
3:16:11PM PROGRAMS TO BE MORE UNIFIED.
3:16:12PM SO THE ADDITIONAL FUNDING FROM THE CRAs WILL REALLY KIND
3:16:16PM OF HELP KEEP MANY EXISTING HOMEOWNERS IN THEIR HOMES,
3:16:19PM ESPECIALLY AS WE CONTINUE TO TALK ABOUT GENTRIFICATION.
3:16:22PM SO THE SUPPORT FOR HOME OWNERSHIP YOU'LL SEE HERE, WE'VE
3:16:25PM SHOWN EXACTLY HOW MUCH WILL GO TO MAKE UP THAT 17.5 MILLION.
3:16:29PM WE HAVE FEDERAL AND STATE OF 2.5.
3:16:31PM THE CITY, WHICH IS OUR GENERAL FUNDS WOULD BE 4 MILLION AND
3:16:35PM THEN FROM THE CRA, 11 MILLION OF THAT SUPPORT.
3:16:38PM HERE WE HAVE SOME ADDITIONAL PROGRAM RECOMMENDATION CHANGES.
3:16:45PM SO WE HAVE QUITE A FEW HERE THAT YOU'LL SEE LISTED AS NEW.
3:16:51PM IT'S A TARGETED APPROACH REALLY AMONG VARIOUS PROGRAMS THAT
3:16:55PM WILL BE FUNDED WITH VARIOUS FUNDING STREAMS.
3:16:57PM WE TALKED ABOUT FEDERAL, STATE, CITY, AND CRA.
3:17:00PM SO THERE ARE SOME EXISTING PROGRAMS THAT ADDS TO THE
3:17:03PM INVENTORY EVERY YEAR, BUT WITH INCREASED FUNDING, THERE ARE
3:17:07PM THREE NEW PROGRAMS THAT WE WANT TO TALK ABOUT FOR BOTH
3:17:11PM HOMEOWNERS AND RENTERS.
3:17:12PM SO FOR THE RENTAL PRESERVATION, I THINK WE HAVE REALLY
3:17:16PM TOUCHED ON THAT A LITTLE BIT EARLIER AND REALLY WE WANT TO
3:17:19PM MAKE SURE WITH RENTAL PRESERVATION WE'RE GOING TO SAFEGUARD,
3:17:22PM IMPROVE AND STABILIZE WHAT WE CURRENTLY HAVE.
3:17:25PM AFFORDABLE HOUSING PRESERVATION REALLY IS ESSENTIAL TO
3:17:28PM MEETING A COMMUNITY'S AFFORDABLE RENTAL HOUSING NEEDS.

3:17:31PM SO AS WE CONTINUE TO LOOK AT WHAT THOSE UNITS ARE,
3:17:35PM PRESERVATION OF AFFORDABLE UNITS REALLY PROTECTS THE
3:17:38PM VALUABLE COMMUNITY INFRASTRUCTURE AND TENANTS REALLY WHO
3:17:41PM OTHERWISE MIGHT BE FORCED OUT OR MISPLACED.
3:17:45PM SO WE HAVE A RENTAL PRESERVATION RFP THAT WE'RE LOOKING TO
3:17:48PM PUT OUT.
3:17:50PM PART OF WHAT HAPPENS IS IT ALLOWS US TO QUICKLY ADD TO THE
3:17:54PM INVENTORY.
3:17:54PM WE KNOW THAT THERE ARE UNITS THAT MIGHT BE COMING OFF-LINE
3:17:58PM OR JUST SOME UNITS THAT WE HAVE REALLY LOOKED TO ADDRESS
3:18:02PM WHAT THOSE PROGRAMS ARE AND SAY IF IT'S RENTAL PRESERVATION
3:18:05PM AND THEY NEED A NEW ROOF OR NEED HVAC FOR THE APARTMENT
3:18:08PM COMPLEX, THEN WE CAN CERTAINLY ACTIVATE AND GET SOME NEW
3:18:12PM UNITS.
3:18:13PM I THINK IT WAS MENTIONED A LITTLE BIT EARLIER ABOUT WHETHER
3:18:15PM OR NOT WE WOULD CHOOSE ONE DEVELOPER OR MANY SMALL
3:18:19PM DEVELOPERS AND THAT BEING DOMAIN.
3:18:21PM ONE OF THE THINGS YOU'LL SEE IN SHORT-TERM ACTIONS AS WE
3:18:25PM HAVE THERE IS TO UPDATE STANDARD AGREEMENTS.
3:18:27PM WE'RE LOOKING AT UPDATING FUTURE AGREEMENTS AS WE CONTINUE
3:18:30PM TO MOVE FORWARD.
3:18:31PM WE CERTAINLY HAVE HEARD, WE DID INFILL PHASE ONE AND IT DID
3:18:35PM GO TO DOMAIN HOMES WHERE THEY WERE TO CONSTRUCT 95 HOMES.
3:18:41PM IN THE SECOND PHASE, WE CERTAINLY HEARD THE COMPLAINTS AND
3:18:44PM WE MADE THE CHANGES.

3:18:45PM WE ENDED UP WITH 11 DEVELOPERS AND SEVEN WERE MINORITY
3:18:48PM DEVELOPERS.
3:18:49PM AS WE CONTINUE TO HEAR THE PUBLIC AND COME BEFORE COUNCIL,
3:18:52PM WE CERTAINLY CHANGE OUR PROCESSES TO MAKE SURE WE'RE MEETING
3:18:56PM THOSE NEEDS.
3:18:57PM BUT AS WE CONTINUE TO MOVE FORWARD, WE ALSO WANTED TO BRING
3:19:06PM BEFORE YOU WHAT THE TIMELINE LOOKS LIKE.
3:19:08PM SO RIGHT HERE YOU WILL SEE REALLY A DEVELOPMENT AND
3:19:12PM PRESERVATION RFP TIMELINE.
3:19:15PM WHILE WE'RE LOOKING TO PRESERVE AND CREATE, WE REALIZE THAT
3:19:19PM AS WE RELEASE RFA, AND THIS IS TO GIVE A SCALE OF HOW LONG
3:19:24PM THINGS COULD TAKE.
3:19:25PM RELEASE RFA, STILL GO THROUGH THE ELIGIBILITY, REVIEW AND
3:19:29PM SELECTION CRITERIA, GIVEN THAT NOTICE OF AWARD, WE STILL
3:19:33PM HAVE TO CONDUCT OUR DUE DILIGENCE WITH ENVIRONMENTAL REVIEW,
3:19:38PM DRAFTING WHAT THE DEVELOPMENT AGREEMENT WOULD BE LIKE AND
3:19:40PM COMING BEFORE COUNCIL.
3:19:41PM WHILE WE'RE COMING BEFORE YOU TODAY, IT CAN TAKE UP TO THREE
3:19:45PM MONTHS OR MORE ONCE WE ACTUALLY START TO GET A PROJECT.
3:19:49PM REALLY PRESERVATION WILL HAVE A MUCH SHORTER TIMELINE AND
3:19:55PM WILL OFTEN CLOSE SHORTLY AFTER COUNCIL APPROVES ALLOWING THE
3:19:58PM UNITS TO COME ON QUICKER UNLESS WE'RE TALKING ABOUT A FULL
3:20:02PM REHAB PROJECT.
3:20:04PM PART OF OUR COMPREHENSIVE PLAN HERE FOR AFFORDABLE HOUSING
3:20:10PM IS ALSO LOOKING AT STRATEGIC ACQUISITION AND GIVEN WHAT THAT

3:20:13PM GENERAL TIMELINE LOOKS LIKE.
3:20:15PM SO THIS IS THE ACQUISITION TIMELINE.
3:20:18PM WITH THIS TIMELINE, WE DON'T ACTUALLY START TO SEE ANY OF
3:20:21PM THE DEVELOPMENT PROCESS UNTIL THE CITY DISPOSES OF THE
3:20:24PM PARCEL.
3:20:24PM AND JUST FOR THE STRATEGIC ACQUISITION TIMELINE, THAT COULD
3:20:28PM BE ANYWHERE FROM 200 TO 300 DAYS.
3:20:31PM WE LOOK AT 200 TO 300 DAYS FOR IT TO BE ACQUIRED AND THEN WE
3:20:35PM GO BACK AND LOOK AT WHAT THAT TIME FRAME WOULD LOOK LIKE FOR
3:20:38PM RFP AND LOOKING UP TO A YEAR FOR A PROJECT TO COME ONLINE.
3:20:43PM I'LL TURN IT OVER TO MS. FEELEY.
3:21:01PM >>ABBYE FEELEY: SO TRANSPARENCY, DATA TRACKING, WHAT WE'RE
3:21:05PM DOING, HOW WE'RE DOING IT.
3:21:08PM WE DO KNOW HOW MANY RIGHT NOW TOTAL UNITS.
3:21:12PM WE'VE MADE SOME CHANGES IN ACCELA TO BE ABLE TO TRACK THE
3:21:18PM AFFORDABLE UNITS WHEN PROJECTS COME IN SO THAT WE HAVE A
3:21:23PM FORWARD-FACING MECHANISM THAT THE TRACKER THAT WAS WRITTEN
3:21:29PM ABOUT WAS A TRACKER WE WERE USING TO KNOW.
3:21:33PM BUT THIS WILL ACTUALLY BE USING WHAT WE HAVE PERMITTED.
3:21:37PM SO IT MAY BE IN PRODUCTION.
3:21:40PM WON'T PROBABLY HAVE IT CO FOR 18 TO 24 MONTHS BUT IT WILL
3:21:44PM SHOW YOU THAT IT'S UNDER CONSTRUCTION PURSUANT TO PERMIT
3:21:47PM ISSUANCE AND THEN ALSO WE WILL BE TRACKING THE ENTITLEMENTS
3:21:51PM THAT ARE COMING FROM APPROVALS FROM CITY COUNCIL.
3:21:54PM SO YOU APPROVE THE PROJECT AT TAMPA AND COLUMBUS THAT HAD X

3:21:59PM NUMBER OF UNITS.
3:22:01PM THAT'S THE PIPELINE.
3:22:03PM SO THAT WILL BE A PLANNED PROJECT, BUT, CLEARLY, IT WILL NOT
3:22:07PM BE IN PRODUCTION YET.
3:22:09PM WE WILL BE WORKING ON CREATING THIS HOUSING DASHBOARD
3:22:14PM COMBINATION AS WELL AS OUR PROPERTIES AVAILABLE FOR REAL
3:22:20PM ESTATE DEVELOPMENT.
3:22:21PM SO THE CITY-OWNED PROPERTY IS APPROPRIATE FOR RESIDENTIAL
3:22:24PM DEVELOPMENT AND SO WE ARE CREATING THIS FORWARD-FACING TOOL
3:22:28PM THAT WILL GO INTO PRODUCTION AND BE AVAILABLE TO BE SHOWING,
3:22:35PM NOT THE TRACKER THAT HAS BEEN REFERRED TO.
3:22:39PM THIS IS, AGAIN, AN EFFORT BETWEEN MYSELF, KAYON, ERIC COTTON
3:22:45PM IN DEVELOPMENT AND GROWTH MANAGEMENT AND JC HUDGISON.
3:22:52PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
3:22:53PM FIRST, AGAIN, THANK YOU FOR THIS WONDERFUL PRESENTATION.
3:22:59PM THIS IS VERY, VERY IN-DEPTH.
3:23:00PM I'M GLAD TO SEE A COUPLE OF THINGS.
3:23:01PM I'VE BEEN UP SINCE 2:30 THIS MORNING LOOKING AT THE SLIDES
3:23:05PM BECAUSE I DON'T SLEEP.
3:23:06PM SO I LOOKED AT THIS.
3:23:07PM I SPOKE WITH MR. DRUMGO YESTERDAY, AND THERE WERE -- ONE OF
3:23:11PM THE FIRST SLIDES, DON'T HAVE TO GO BACK.
3:23:14PM I WROTE THEM DOWN.
3:23:16PM BUT IN REGARDS TO RENTAL ASSISTANCE, I SAW THERE WAS A
3:23:19PM DECREASE.

3:23:20PM HOWEVER IN CREATION AND PRESERVATION FROM TWO AND A HALF
3:23:23PM MILLION DOLLARS TO $62 MILLION AND INCLUDED IN THAT IS A
3:23:27PM LAND TRUST.
3:23:28PM AND WE WERE TALKING ABOUT ACQUISITION OF LAND AND HAVING THE
3:23:33PM MONEY READY, CASH READY.
3:23:34PM SO WHEN PROJECTS DO COME UP AND OPPORTUNITIES COME UP, YOU
3:23:37PM DON'T HAVE TO COME TO COUNCIL AND GET APPROVAL AND LOSE THAT
3:23:41PM OPPORTUNITY.
3:23:42PM YOU CAN STRIKE AND WE CAN MOVE MORE QUICKLY.
3:23:45PM THAT'S WITH THE GENERAL FUND AND THE CRA FUND, THE CRA
3:23:49PM BUDGET.
3:23:50PM DOWN PAYMENT ASSISTANCE.
3:23:51PM IN THAT CATEGORY WAS $17.5 MILLION, UP QUITE A BIT.
3:23:56PM DOWN PAYMENT ASSISTANCE FOR HOME OWNERSHIP BECAUSE WE'RE
3:23:59PM TALKING ABOUT NOT JUST RENTERS BUT ALSO HOME OWNERSHIP.
3:24:02PM AGAIN, $11 MILLION FROM THE CRA, ALSO FROM I THINK THERE WAS
3:24:06PM SOME FEDERAL CONTRIBUTIONS AND THEN THE GENERAL FUND.
3:24:11PM THESE WERE SIGNIFICANT.
3:24:12PM THIS IS HUGE, FROM WHAT WE HAVEN'T DONE IN THE PAST.
3:24:16PM SO THERE'S A LOT OF OPPORTUNITY HERE, BUT MOST IMPORTANTLY,
3:24:20PM THAT CREATION AND PRESERVATION, WE WILL HAVE THAT MONEY
3:24:23PM AVAILABLE TO SAY, HEY, HERE IS AN OPPORTUNITY WHERE WE DON'T
3:24:26PM LOSE OUT TO A DEVELOPER OR SOME PRIVATE PROPERTY AND WE CAN
3:24:30PM SAY, BOOM, THE CITY IS MOVING IN ON THIS.
3:24:33PM GLAD TO HEAR AND SEE SOME OF THIS.

3:24:35PM THANK YOU VERY MUCH.
3:24:35PM AGAIN, GREAT PRESENTATION.
3:24:36PM COUNCIL MEMBER CARLSON, YOUR HAND WAS UP.
3:24:38PM >>BILL CARLSON: ALIS ASKED ME AT BREAK, HE SAID CAN YOU
3:24:42PM PLEASE TELL US THE THINGS YOU LIKE, NOT JUST THE THINGS YOU
3:24:45PM DON'T LIKE, WHICH IS A FAIR POINT.
3:24:46PM [ LAUGHTER ]
3:24:46PM I APPRECIATE THAT.
3:24:48PM THERE ARE A LOT OF THINGS I LIKE IN THE WHOLE PRESENTATION,
3:24:51PM SO I THANK EVERYBODY.
3:24:52PM TWO THINGS, KAYON WAS TALKING ABOUT 11 SMALL BUILDERS.
3:24:58PM THAT'S OUTSTANDING AND I'M SURE THE COMMUNITY BEHIND YOU IS
3:25:00PM GLAD TO HEAR THAT.
3:25:02PM I MEANT SOME OF THEM.
3:25:03PM IT'S GREAT THAT WE'RE SUPPORTING NEW ENTREPRENEURS AND SOME
3:25:07PM ENTREPRENEURS ARE COMING BACK TO TAMPA AND BUILDING
3:25:09PM BUSINESSES BECAUSE OF IT.
3:25:11PM THE OTHER THING IS DATA AND TRANSPARENCY, THE FACT THAT
3:25:14PM WE'RE DOING THAT, WE'LL HAVE REAL-TIME INFORMATION I THINK
3:25:16PM IS GREAT.
3:25:17PM ONE OF THE THINGS THAT I WANT TO COME BACK TO MAYBE AT THE
3:25:21PM END, WE TALK ABOUT ALL THIS MONEY WE'RE PUTTING IN, THERE
3:25:24PM ARE SEVERAL PROGRAMS THAT I THINK WE SHOULD LOOK AT WHERE WE
3:25:27PM WILL GET OUR CAPITAL BACK, WHERE WE'LL GET OUR EQUITY BACK.
3:25:30PM WE PUT A HUNDRED -- IF WE PUT $10 MILLION IN, IN THEORY WE

3:25:34PM GET $10 MILLION BACK.
3:25:35PM SO THE SECOND YEAR WOULD HAVE 20 MILLION.
3:25:38PM THIRD YEAR, 30 MILLION AND KEEP GROWING IT WITHOUT JUST
3:25:41PM USING TAXES.
3:25:42PM BEING SMART ABOUT USING OUR CAPITAL.
3:25:44PM WE CAN TALK ABOUT THAT IN THE END.
3:25:45PM COULD SOMEBODY GO BACK TO THE FIRST SLIDE OF THIS SECTION,
3:25:49PM PLEASE?
3:25:49PM I THINK ONE OF THE THINGS I WOULD LIKE TO TALK ABOUT AND WE
3:25:54PM CAN COME BACK.
3:25:56PM I'M HAPPY TO TALK TO YOU ALL ABOUT IT OFF-LINE.
3:25:59PM I WOULD LIKE TO SHOW THE CONTINUITY FROM THE GOALS.
3:26:01PM AGAIN, I THINK WE NEED TO FIX THE GOALS AND APPROVE THE
3:26:05PM GOALS FROM OUR POINT OF VIEW, BUT WE NEED TO SHOW THE
3:26:08PM CONTINUITY FROM THE GOALS ALL THE WAY TO THE CHART AT THE
3:26:16PM END.
3:26:16PM IF WE DID, WE WOULD ORGANIZE THIS IN SOME WAYS.
3:26:20PM I THINK IF YOU LOOK AT IT, IT'S HARD TO TELL HOW MUCH OF
3:26:23PM THIS IS FOR RENTERS AND HOW MUCH IS FOR HOMEOWNERS.
3:26:26PM I WOULD ORGANIZE IT IN THREE CATEGORIES.
3:26:28PM RENTERS, BUYERS, HOMELESS.
3:26:31PM AND THEN RETENTION IS A SUBSET OF RENTING AND SUBSET OF HOME
3:26:39PM OWNERSHIP BUT THAT WAY WE CAN TRACK THEM.
3:26:41PM OR IF YOU DON'T LIKE THAT, ORGANIZE THEM BY THE GROUP UNDER
3:26:44PM 80% AMI OR 50% AMI, WHATEVER THE GROUPS ARE.

3:26:48PM IF WE TRACK IT, WHAT I WANT TO SEE AS MUCH AS POSSIBLE, PUT
3:26:53PM IN HOME OWNERSHIP BECAUSE I THINK THAT WILL HAVE A RADICAL
3:26:56PM DIFFERENCE.
3:26:56PM I THINK WE OUGHT TO LOOK AT THE WAY WE ORGANIZE.
3:26:59PM AS YOU FLIP THROUGH THE REST OF THE SLIDES, THE BUFFET AS
3:27:02PM YOU ALL TALKED ABOUT OF SOLUTIONS.
3:27:04PM WHAT I WANT TO FOCUS ON ARE THE STRATEGIES AND GOALS SO THAT
3:27:08PM WE GET THAT RIGHT AND GO BACK AT THE END OF THE YEAR AND
3:27:11PM TELL THE COMMUNITY, DID WE MOVE THE NEEDLE OR NOT?
3:27:13PM THE COMMUNITY IS COMPLAINING BECAUSE THEY SAID WE HAVEN'T
3:27:16PM DONE ANYTHING.
3:27:16PM WE ALLOCATED 30% OF CRA MONEY FOUR YEARS AGO.
3:27:19PM WE DON'T REALLY HAVE THE DATA TO SHOW, AND WE DON'T SHOW
3:27:23PM THAT WE CAN MOVE THE DATA.
3:27:25PM I WAS UP EARLY THIS MORNING ALSO, BUT AS I LOOKED AT IT
3:27:31PM EARLY THIS MORNING, WE HAVE ABOUT 34,240 HOUSEHOLDS THAT ARE
3:27:35PM AFRICAN AMERICAN THAT OWN THEIR OWN HOMES.
3:27:38PM COUPLE OF THE DEVELOPERS I SPOKE TO YESTERDAY SAID RIGHT NOW
3:27:44PM THERE ARE 2,000 FAMILIES THAT HAVE GONE THROUGH
3:27:46PM PREQUALIFICATION PROGRAMS, FINANCIAL TRAINING, 2,000
3:27:50PM FAMILIES THAT ARE QUALIFIED TO BUY HOMES RIGHT NOW AND THEY
3:27:52PM CANNOT BUY THEM BECAUSE WE DON'T HAVE THE PROGRAMS TO DO IT.
3:27:56PM I SAID, WELL, HOW MANY -- ARE THE LOTS AVAILABLE.
3:27:59PM CAN YOU GO IN AND BUILD THOSE NOW?
3:28:01PM THE COMMITMENT I GOT WAS THEY COULD BUILD AT LEAST A

3:28:04PM THOUSAND.
3:28:04PM IF WE PUT IN A HUNDRED THOUSAND PER UNIT TO SUBSIDIZE DOWN
3:28:10PM TO THE AMI -- 150,000 FOR MORTGAGE, PUT A SECOND MORTGAGE ON
3:28:18PM IT, SOME POINT IN THE FUTURE WE'LL GET THE HUNDRED THOUSAND
3:28:21PM BACK, BUT THE FAMILY WOULD BE ABLE TO BUILD EQUITY.
3:28:24PM AND WITH A HUNDRED MILLION, WE COULD PUT A THOUSAND
3:28:27PM FAMILIES, HELP A THOUSAND FAMILIES BUY HOMES THIS YEAR.
3:28:34PM I THINK THE BIG DISCUSSION WE HAVE TO HAVE IS IF WE COULD DO
3:28:36PM SOMETHING LIKE THAT, IF WE CAN HELP A THOUSAND FAMILIES BUY
3:28:40PM HOMES THIS YEAR AND ANOTHER THOUSAND NEXT YEAR, WHAT IS IT
3:28:43PM THAT WE NEED ALSO WHERE WE SHOULD TAKE THAT OUT?
3:28:47PM WHETHER YOU BELIEVE THE 26,000 NUMBER OR 50,000 NUMBER OF
3:28:51PM PEOPLE WHO CAN'T AFFORD TO RENT, WE'RE NOT GOING TO BE ABLE
3:28:54PM TO SERVE ALL OF THEM.
3:28:55PM WE'RE GOING TO LEAVE TENS OF THOUSANDS OF PEOPLE WITHOUT A
3:28:58PM PLACE TO LIVE.
3:29:00PM LEAVE PEOPLE HOMELESS WITHOUT A PLACE TO LIVE.
3:29:02PM WHERE DO WE MAKE A DECISION?
3:29:04PM WE KNOW IF WE INVEST IN HOME OWNERSHIP IN THEORY IN FUTURE
3:29:08PM WE'LL GET THE HUNDRED THOUSAND BACK.
3:29:10PM WHY WOULDN'T WE INVEST, GET THE CAPITAL BACK, 20 MILLION, 30
3:29:13PM MILLION TO KEEP BUILDING AND THEN THE THINKING GROW IN THE
3:29:18PM FUTURE.
3:29:18PM WE KNOW THAT IF PEOPLE BUY HOMES, INTERGENERATIONAL WEALTH,
3:29:23PM ADDING TO THE ECONOMY, HELPS START NEW BUSINESSES,

3:29:27PM ET CETERA, ET CETERA.
3:29:27PM >>GUIDO MANISCALCO: CLENDENIN AND HURTAK.
3:29:31PM >>ALAN CLENDENIN: MAN, I HOPE YOU ALL LISTENED TO WHAT
3:29:35PM COUNCILMAN CARLSON JUST SAID BECAUSE HE NAILED IT.
3:29:37PM THAT'S EXACTLY WHAT WE SHOULD BE DOING.
3:29:42PM INVESTING AND THEN WE GET PEOPLE'S BUY-IN.
3:29:46PM THEY BUILD GENERATIONAL WEALTH.
3:29:47PM THE CITY OF TAMPA, THE TAXPAYERS, THE PEOPLE SUBSIDIZING,
3:29:50PM GET THEIR MONEY BACK OVER A PERIOD OF TIME.
3:29:53PM THAT IS A GOOD BET.
3:29:55PM IT IS A GOOD INVESTMENT.
3:29:56PM IT IS A GOOD BET.
3:29:57PM I'LL TAKE THAT TO THE CASINO ANY DAY OF THE WEEK.
3:30:01PM THAT'S WHAT WE SHOULD BE DOING.
3:30:02PM I HEARD YOU USE A TERM, IT WAS FUNNY BECAUSE YOU KEPT SAYING
3:30:06PM LEVERAGE INSTEAD OF BONDING.
3:30:08PM SMOOTH.
3:30:08PM [ LAUGHTER ]
3:30:08PM WHEN YOU ALL HEARD LEVERAGE, WHEN YOU HEARD THAT WORD, WHAT
3:30:14PM THEY ARE SAYING IS THAT'S CREDIT OVER CASH.
3:30:18PM THEY ARE GOING TO USE THE CREDIT CARD.
3:30:19PM I SEE THAT AND I'M OKAY WITH THAT.
3:30:22PM I'M OKAY WITH BORROWING TO DO CERTAIN THINGS, BUT I THINK
3:30:26PM THAT WHEN WE BORROW, WE NEED TO BE ABLE TO GET THAT MONEY
3:30:32PM BACK.

3:30:32PM WHEN THE TAXPAYERS INVEST TO BUILD THESE THINGS, THEY SHOULD
3:30:36PM HAVE AN EXPECTATION THAT EVENTUALLY THAT IS TURNED BACK,
3:30:39PM EITHER THROUGH THE TAX ROLLS OR THROUGH OTHER MECHANISMS.
3:30:43PM I AGREE WITH COUNCILMAN CARLSON.
3:30:46PM WE TALKED ABOUT USING THE OTHERS.
3:30:47PM WE HAVE THE CDC, HABITAT FOR COMMUNITY, EAST TAMPA BUSINESS
3:30:52PM CORE, CATHOLIC CHARITIES, COUNTLESS GROUPS OF NONPROFITS
3:30:55PM THAT WE CAN UTILIZE TO BUILD THESE UNITS AND WORK IN
3:30:59PM COOPERATIVE AGREEMENT WITH THE BENEFITS THAT THE FEDERAL
3:31:03PM GOVERNMENT HAS WITH THE BANKING.
3:31:06PM THINGS WE HAVE DONE.
3:31:06PM EVERYTHING OLD IS NEW AGAIN.
3:31:08PM WE SHOULD BE DOUBLING DOWN ON THOSE TYPES OF PROGRAMS.
3:31:11PM KUDOS, AGAIN, I AGREE.
3:31:13PM WE'RE GOING TO TALK ABOUT THE CLT IN A MINUTE.
3:31:18PM I'LL RESERVE MY COMMENTS ON THAT.
3:31:19PM I KNOW IT WAS THREADED THROUGH THE PRESENTATION.
3:31:21PM WHEN YOU LOOK AT THAT AGAIN, ANYTIME WE INVEST IN MONEY, WE
3:31:25PM SHOULD HAVE AN OPPORTUNITY TO RECOUP THAT OVER A PERIOD OF
3:31:29PM WHATEVER TIME IT IS.
3:31:31PM GUESS WHAT, WHEN WE RECOUP IT, WE CAN HELP THE NEXT FAMILY
3:31:34PM AND THE NEXT FAMILY.
3:31:35PM SELF-PERPETUATING.
3:31:37PM KEEPS BUILDING AND BUILDING AND BUILDING INSTEAD OF A DEAD
3:31:39PM END BECAUSE EVENTUALLY RUN OUT OF MONEY.

3:31:42PM IF WE CAN CREATE THIS CYCLE, THIS WHEEL THAT KEEPS SPINNING,
3:31:46PM WE CAN HELP FAMILY AFTER FAMILY AFTER FAMILY.
3:31:49PM >>GUIDO MANISCALCO: YES, MA'AM.
3:31:50PM COUNCILWOMAN HURTAK.
3:31:50PM >>LYNN HURTAK: THANK YOU.
3:31:53PM I WANT TO HOLD UP THE MAP I SHOWED EARLIER.
3:31:55PM $175,000, THERE ARE 82 HOMES RIGHT NOW THAT YOU CAN BUY FOR
3:31:59PM THAT.
3:32:00PM THAT'S IT.
3:32:01PM IF WE GAVE EVERYBODY A HUNDRED THOUSAND DOLLARS OR A
3:32:06PM THOUSAND PEOPLE A HUNDRED THOUSAND DOLLARS, THAT WILL GET
3:32:10PM THEM A $275,000 HOME.
3:32:12PM WE WON'T GET THAT MONEY BACK FOR 30 YEARS WITH TAXES.
3:32:18PM THEY ARE NOT HAVING TO PAY IT BACK ANY OTHER WAY.
3:32:21PM WHEREAS IF WE INVEST SOME OF THAT MONEY IN SOME MULTIFAMILY
3:32:24PM PROPERTIES, WE'RE HELPING MULTIPLE FAMILIES.
3:32:28PM I THINK THERE'S A PLACE FOR PUTTING MONEY INTO HOME
3:32:32PM OWNERSHIP, BUT WE JUST HAD AN EAST TAMPA STACK THAT THE CRA
3:32:36PM HELPED THAT THOSE HOUSES COST $375,000 TO BUILD, AND THEY
3:32:42PM HAD TO GET $250,000 OF SUBSIDIES.
3:32:50PM THAT'S NOT SUSTAINABLE.
3:32:51PM THAT'S NOT SUSTAINABLE FOR A PERSON TO HAVE TO MAINTAIN A
3:32:54PM HOUSE THAT COSTS $375,000 ON AN INCOME OF $55,000, WHICH IS
3:33:02PM WHAT YOUR AVERAGE TEACHER MAKES.
3:33:04PM THEY CANNOT AFFORD SINGLE-FAMILY HOMES.

3:33:08PM IT'S NOT POSSIBLE.
3:33:10PM I THINK THAT WE COULD DO THAT AND WE CAN DO SOME DOWN
3:33:18PM PAYMENT ASSISTANCE, BUT DOWN PAYMENT ASSISTANCE IS REALLY
3:33:21PM GOING TO COME WHEN WE TAKE THESE UNITS AND WE DO MULTIFAMILY
3:33:26PM DEVELOPMENT, WHICH IS WHAT'S HAPPENING WITH OUR INFILL PHASE
3:33:29PM THREE.
3:33:30PM SO I WANTED TO ASK YOU ABOUT WHAT'S GOING ON WITH INFILL
3:33:33PM PHASE THREE.
3:33:33PM I ALSO WANTED YOU TO TALK -- IF YOU GO BACK TO THE PROGRAM
3:33:37PM RECOMMENDATION THREE OF FOUR OR I GUESS GO FORWARD TO THAT,
3:33:41PM YOU HAVE MAXIMIZED SUBSIDY IMPACT BY INCENTIVIZING DENSITY,
3:33:45PM WHICH WILL ALSO LOWER THE COST OF DOWN PAYMENT ASSISTANCE,
3:33:50PM SO IF YOU COULD TALK TO US ABOUT THAT AND THEN ALSO TALK TO
3:33:53PM US ABOUT WHAT YOU MEAN BY ALTER DOWN PAYMENT ASSISTANCE TO
3:33:57PM TIE HIGHER SUBSIDY WITH LONG-TERM AFFORDABILITY.
3:34:02PM >>KAYON HENDERSON: SURE.
3:34:03PM I WANT TO GO IN BY SAYING WITH OUR INFILL PHASE THREE
3:34:05PM PROGRAM, AGAIN, INFILL PHASE ONE AND TWO WE FOCUSED ON
3:34:09PM SINGLE-FAMILY.
3:34:10PM WE REALIZE THAT WE CAN'T ONE DOOR AT A TIME GET OUT OF WHERE
3:34:15PM WE ARE.
3:34:16PM WITH OUR INFILL PHASE THREE PROGRAM WE ARE LOOKING AT MORE
3:34:19PM DENSE PROJECTS SO SOME OF THEM REALLY WILL YIELD DUPLEXES.
3:34:24PM TOWNHOMES.
3:34:24PM WE CERTAINLY HAD TO GO BACK AND LOOK AT HOW DO WE THEN

3:34:28PM CREATE OPPORTUNITY FOR THOSE INDIVIDUALS.
3:34:30PM AS FAR AS ALTERING THE DOWN PAYMENT ASSISTANCE TIED TO
3:34:35PM HIGHER SUBSIDY, WE'RE LOOKING -- WE CONTINUE TO LOOK AT OUR
3:34:39PM DOWN PAYMENT ASSISTANCE AND IT'S BEEN PRIMARILY
3:34:42PM SINGLE-FAMILY.
3:34:42PM BUT WE REALIZE THERE'S ALSO A PLACE FOR CONDOS AND THERE IS
3:34:46PM A PLACE FOR THE TOWNHOMES AND DUPLEXES.
3:34:50PM REALLY TYING THAT HIGHER SUBSIDY AMOUNT TO THOSE THAT ARE
3:34:53PM LOOKING TO PURCHASE MORE DENSE HOUSES OR UNITS.
3:34:57PM I ALSO WANTED TO TIE IN REALLY QUICKLY, I THINK I WENT
3:35:02PM THROUGH THE PRESENTATION.
3:35:04PM WHILE WE TALK ABOUT WHAT WE HAVE DONE AND WHERE WE ARE AND
3:35:07PM WHERE WE'RE GOING, WE TALK ABOUT THE UNITS, BUT FROM 2019 TO
3:35:14PM CURRENT, WE HAVE ASSISTED ABOUT 19,000 INDIVIDUALS.
3:35:17PM THAT IS A COMBINATION OF VARIOUS PROGRAMS.
3:35:19PM SO TO HAVE 19,000 TOUCHES JUST FROM THE CITY OF TAMPA ALONE,
3:35:25PM I THINK IT'S SOMETHING REALLY AS A WHOLE WE SHOULD BE PROUD
3:35:27PM OF.
3:35:28PM WE CERTAINLY HEAR YOU, ALL THE GREAT NONPROFITS THAT YOU'VE
3:35:31PM MENTIONED.
3:35:31PM WE CURRENTLY HAVE AGREEMENTS WITH ALMOST EVERY SINGLE ONE OF
3:35:34PM THEM FOR ONE PROJECT OR THE OTHER.
3:35:37PM AS WE'RE MOVING FORWARD, WE ARE LOOKING AT DENSITY AND
3:35:40PM TRYING TO MAKE SURE THAT WE CAN GET MORE UNITS BECAUSE WE
3:35:42PM REALIZE THAT ONE UNIT AT A TIME REALLY WON'T GET US OUT OF

3:35:46PM WHERE WE ARE.
3:35:48PM >>LYNN HURTAK: THANK YOU FOR THAT.
3:35:49PM I ALSO WANT TO REMIND COUNCIL THAT FOR INFILL 2 WE HAD TO
3:35:53PM HAVE FOUR OR FIVE.
3:35:58PM YOU HAD TO COME BACK TO RAISE THE RATE OF THE PERCENTAGE OF
3:36:00PM AMI BECAUSE WE COULDN'T GET PEOPLE APPROVED AT 80% AMI.
3:36:05PM >>KAYON HENDERSON: THAT IS CORRECT.
3:36:06PM >>LYNN HURTAK: BECAUSE THE HOUSES WERE TOO EXPENSIVE.
3:36:09PM AGAIN, THIS INFILL 3 IS KIND OF A BALANCE OF SEEING WHAT
3:36:12PM HAPPENED WITH INFILL 2 AND HOW WE CAN GET THOSE 80% AMI
3:36:16PM PEOPLE INTO HOMES.
3:36:17PM AND ONE OF THE WAYS WE THOUGHT WE COULD DO THAT, AND WE'LL
3:36:20PM TRY AND SEE, IS DENSITY.
3:36:22PM WE'LL SEE HOW THIS INFILL PHASE GOES.
3:36:24PM JUST LIKE EVERY INFILL PHASE BEFORE, WE'LL HAVE A NICE
3:36:27PM LEARNING CURVE AND WE CAN PUT THAT TOWARD FUTURE.
3:36:32PM I REALLY LOVE THIS.
3:36:33PM TO ME, THIS WAS MY FAVORITE SALAD BAR ITEM CARROT, AS
3:36:40PM MS. POYNOR KNOWS, I'M A BIG CARROT FAN.
3:36:44PM FOR ME, THIS WAS THE CARROT SECTION.
3:36:46PM I REALLY, REALLY LIKED THIS.
3:36:47PM BUT I LOVE THE BALANCE, BECAUSE I THINK ABSOLUTELY, PUTTING
3:36:51PM MORE MONEY TOWARD HOME OWNERSHIP IS VERY IMPORTANT, BUT THEN
3:36:55PM SUBSIDIZING THAT BY INCENTIVIZING DENSITY ALLOWS US TO HELP
3:37:01PM MORE FAMILIES INSTEAD OF JUST A SMALL NUMBER OF FAMILIES.

3:37:07PM >>GUIDO MANISCALCO: YES, SIR, GO AHEAD.
3:37:08PM >>BILL CARLSON: FOR THE PUBLIC, BECAUSE OF SUNSHINE, WE
3:37:12PM CAN'T TALK TO EACH OTHER OUTSIDE OF THIS MEETING.
3:37:15PM SOMETIMES IT WILL LOOK LIKE WE'RE ARGUING OR PEOPLE GET
3:37:19PM FRUSTRATED BECAUSE WE GO BACK AND FORTH.
3:37:21PM IF WE COULD SIT AROUND A TABLE AND DISCUSS THIS, WE COULD
3:37:23PM WORK IT OUT IN AN HOUR.
3:37:26PM BECAUSE WE CAN'T, WE HAVE TO THROW OUT OUR OWN IDEAS HERE.
3:37:30PM MY COLLEAGUE, I'M IN FAVOR OF DENSITY, TOO.
3:37:32PM I'VE OWNED TWO OR THREE, FOUR CONDOS OVER THE YEARS.
3:37:39PM NONPROFIT BUILDERS NOT ONLY BUILD SINGLE-FAMILY HOMES, THEY
3:37:42PM BUILD CONDOS AND DUPLEXES AND QUADS.
3:37:45PM THE IDEA IS WE CAN GET IN AND HELP THEM.
3:37:49PM THE THING IS THAT BY -- THE REASON WHY I THINK WE SHOULD
3:37:54PM ORGANIZE BY RENTERS, BUYERS, AND HOMELESS, WHATEVER LABELS
3:37:57PM YOU WANT TO PUT, IS THAT IF WE LOOK AT HOW WE CAN FIND
3:38:01PM SOLUTIONS FOR RENTALS, WE SAY THAT WE WANT TO PUT WHATEVER
3:38:04PM THE NUMBER IS, PUT X AMOUNT PER UNIT IN MEETING CERTAIN
3:38:09PM CRITERIA, FOR HOME OWNERSHIP WE WANT TO PUT X AMOUNT PER
3:38:12PM UNIT.
3:38:13PM I THINK WE SHOULD CREATE A FLEXIBLE SYSTEM.
3:38:15PM MANY OF THE SYSTEMS ARE VERY STAFF INTENSIVE.
3:38:17PM AT CRA WE'RE LOOKING TO ADD MORE STAFF.
3:38:20PM THAT'S AN ADDITIONAL COST THAT WE ADD TO IT.
3:38:22PM INSTEAD WHAT WE CAN DO IS CREATE A SIMPLE PROGRAM WHERE WE

3:38:25PM HAVE HUNDRED THOUSAND, WHATEVER THE NUMBER IS, SECOND
3:38:29PM MORTGAGES AND WE GO TO THE NONPROFIT AND OTHER BUILDERS AND
3:38:32PM SAY WE'LL ADD THIS ON TO YOUR HOME OWNERSHIP.
3:38:37PM ONCE WE DO THAT, WE GET IT BACK AND MAYBE THERE'S FIVE YEARS
3:38:41PM OR TWO YEARS OR SOMETHING AND THEY CAN'T SELL IT.
3:38:43PM ONCE THEY BUILD UP SOME EQUITY, IF THERE IS A BIG BOOM IN
3:38:46PM THE MARKET LIKE THERE WAS THE LAST COUPLE OF YEARS,
3:38:49PM CONCEIVABLY NOW THEY HAVE HOUSING MOBILITY.
3:38:51PM THEY CAN SELL IT MAKE THE 50 YEAR, HUNDRED THOUSAND DOLLAR
3:38:55PM EQUITY.
3:38:55PM WE GET THE HUNDRED THOUSAND BACK AND THEY MOVE SOMEWHERE
3:38:57PM ELSE.
3:38:58PM IT'S NOT THAT THEY'LL GIVE IT UP, BUT WHEN WE GET OUR
3:39:00PM HUNDRED THOUSAND BACK, SOME OF IT MAY BE 30 YEARS, SOME MAY
3:39:03PM BE FIVE YEARS.
3:39:04PM WHEN WE GET IT BACK, MORE MONEY, PUT ALL HUNDRED MILLION IN
3:39:07PM AND EVEN GOT 50 BACK, 50 MILLION BACK ON TOP OF WHATEVER
3:39:11PM WE'RE GOING TO SPEND IN THAT YEAR, IT WOULD BE INCREDIBLY
3:39:14PM IMPACTFUL TO CONTINUE.
3:39:16PM THERE ARE OTHER PROGRAMS ALSO THAT I CAN TALK ABOUT.
3:39:19PM >>GUIDO MANISCALCO: YES, MA'AM.
3:39:20PM >>LYNN HURTAK: I WANT TO SAY THAT I TOTALLY MISSED THAT YOU
3:39:23PM WERE TALKING ABOUT SECOND MORTGAGES.
3:39:25PM I MISUNDERSTOOD WHAT YOU WERE SAYING AND NOW THAT MAKES
3:39:31PM SENSE.

3:39:32PM >>BILL CARLSON: SECOND MORTGAGE STRUCTURED TYPICALLY IT'S
3:39:37PM INTEREST FEE SO PEOPLE AREN'T PAYING INTEREST ON IT.
3:39:39PM WE'RE NOT GETTING INTEREST.
3:39:41PM NOT GETTING GROWTH, AND SECONDARY POSITION TO THE PRIMARY
3:39:44PM MORTGAGE, BUT THE DIFFERENCE IS THAT IF YOU -- LET'S SAY YOU
3:39:48PM BUY $300,000 HOUSE AND WE PUT IN, UNLIKE THE CLT, IF WE PUT
3:39:54PM IN A HUNDRED THOUSAND, YOU GET THE ENTIRE INCREASE IN THE
3:39:58PM VALUE.
3:39:59PM IF WE USE THE CLT, YOU DON'T GET THE INCREASE IN THE VALUE
3:40:02PM OF THE LAND BECAUSE THE CITY OWNS IT.
3:40:04PM IN THIS CASE, YOU GET, IF THE HOUSE GOES, IF YOU BUY IT FOR
3:40:07PM 300,000, WE'VE GOT A POSITION WHERE WE HAVE A HUNDRED
3:40:10PM THOUSAND.
3:40:11PM NOT PAYING INTEREST BUT IF THE WHOLE HOUSE GOES FROM 300 TO
3:40:15PM 350, YOU KEEP THE WHOLE 50,000 INCREASE AND WE GET OUR
3:40:19PM HUNDRED BACK.
3:40:20PM YOU DON'T GET A PERCENTAGE -- YOU DON'T GET TWO-THIRDS.
3:40:24PM YOU GET THE ENTIRE INCREASE BACK.
3:40:28PM >>LYNN HURTAK: THAT'S SORT OF LIKE THE COMMUNITY LAND TRUST
3:40:31PM IN A DIFFERENT WAY.
3:40:32PM >>BILL CARLSON: MORE FLEXIBLE.
3:40:34PM >>LYNN HURTAK: HERE IS THE THING, WE COULD DO BOTH.
3:40:36PM THAT IS THE COOL THING.
3:40:37PM I KNOW MR. DRUMGO WILL TALK ABOUT THAT.
3:40:40PM BUT I'VE HEARD SOME PEOPLE -- THE COMMENTERS ASKING WHAT A

3:40:44PM SECOND MORTGAGE IS, IF SOMEONE COULD EXPLAIN THAT FOR
3:40:47PM EVERYONE, I THINK THAT WOULD BE VERY HELPFUL.
3:40:49PM >>KAYON HENDERSON: SURE.
3:40:50PM I CAN MENTION THAT MOST OF THE PROGRAMS WE CURRENTLY HAVE,
3:40:53PM WE DO HAVE A SECOND MORTGAGE ON THEM.
3:40:55PM SO THAT SECOND MORTGAGE THAT WE CURRENTLY HAVE IS A ZERO
3:40:58PM PERCENT DEFERRED PAYMENT LOAN.
3:41:00PM IF THE INDIVIDUAL DOES INDEED SELL.
3:41:03PM WE WILL ONLY BECOME A THIRD POSITION BEHIND THE STATE.
3:41:06PM SO THEY GET THEIR PRIMARY END AND THEY CAN BORROW THE
3:41:11PM ADDITIONAL FUNDS.
3:41:11PM ANY GAP FUNDS THAT WE PROVIDE WE THEN SECURE WITH A MORTGAGE
3:41:14PM AND A NOTE.
3:41:15PM CURRENTLY THOSE HOMES HAVE TO BE OWNER OCCUPIED OR THEY MUST
3:41:19PM REMAIN AFFORDABLE FOR 15 YEARS.
3:41:22PM IF THEY SELL WITHIN THAT 15 YEARS, WE DO GET OUR FUNDS BACK
3:41:25PM FROM THAT SECOND MORTGAGE.
3:41:27PM IT WILL TRIGGER THEM TO PAY US BACK.
3:41:30PM AS FAR AS THE RECYCLING OF FUNDS, IF I COULD ALSO ADD TO
3:41:33PM THAT, WHEN WE DID INFILL PHASE ONE, WE HAD $1.1 MILLION OF
3:41:37PM STATE FUNDS THAT WE USED AND WE DECIDED TO DO A REVOLVING
3:41:41PM LOAN.
3:41:41PM WE GOT THOSE FUNDS BACK AND THAT'S WHAT WE WERE ABLE TO USE
3:41:44PM TO DO INFILL PHASE TWO.
3:41:46PM BUT WITH FEDERAL AND STATE FUNDING, A LOT OF TIMES HOW YOU

3:41:49PM GET IT ORIGINALLY AND HOW YOU GET IT BACK AND SPEND IT AS
3:41:53PM PROGRAM INCOME IS RARELY EVER THE SAME.
3:41:56PM SO WHEN WE GOT THE FUNDS BACK THE SECOND TIME TO RECYCLE
3:41:59PM THEM, WE COULD NOT UTILIZE THE FUNDS IN EXACTLY THE SAME
3:42:02PM MANNER.
3:42:03PM SO I'VE SPOKEN ABOUT THIS ALSO AT THE AHAC COMMITTEE THAT
3:42:06PM THERE ARE TIMES THAT WE CERTAINLY HAVE TO REALLY FIGURE OUT
3:42:09PM WHAT FUNDS WE CAN TAKE BACK TO THEN STILL USE FOR THE SAME
3:42:12PM PURPOSE THAT WE HAVE IN OUR GOALS.
3:42:14PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
3:42:19PM >>GWEN HENDERSON: MS. HENDERSON, THANK YOU SO MUCH FOR THAT,
3:42:22PM EXPLAINING THAT.
3:42:22PM ONE OF THE DISADVANTAGES OF THE DEFERRED PAYMENT LOAN FOR
3:42:28PM THE HOMEOWNER IS EVEN THOUGH THE PROPERTY IS BUILDING
3:42:31PM EQUITY, IT DOESN'T PROVIDE THE HOMEOWNER WITH THE
3:42:34PM OPPORTUNITY TO TAKE ADVANTAGE OF THAT, TO REHAB OR TO ADD AN
3:42:40PM EXTENSION OR TO RENOVATE A KITCHEN.
3:42:44PM I KNOW THAT HAPPENED TO ME UNDER THE DEFERRED PAYMENT LOAN
3:42:48PM SITUATION.
3:42:50PM IT DOES PIGEONHOLE THE HOMEOWNER BECAUSE YOU DON'T HAVE THE
3:42:54PM OPPORTUNITY TO TAKE ADVANTAGE AS YOU BUILD THIS EQUITY INTO
3:42:59PM YOUR OWN HOME, YOU'RE NOT IN THE POSITION TO GET THE SECOND
3:43:03PM MORTGAGE BECAUSE YOU ALREADY HAVE ONE.
3:43:05PM I JUST WANTED TO KEEP THAT IN MIND TO THE PUBLIC.
3:43:09PM AND THAT DOES PIGEONHOLE YOU SO THAT A HOMEOWNER WHO DOES

3:43:14PM HAVE THE CERTAIN INCOME LEVEL, IF IT'S TIME TO PAINT YOUR
3:43:17PM HOUSE, GUESS WHAT, YOU'RE GOING TO HAVE TO PAINT YOUR HOUSE
3:43:19PM AND YOU'LL HAVE TO COME UP WITH THAT MONEY.
3:43:22PM IF YOU NEED WOOD FLOORS BECAUSE YOU HAVE CARPET, BECAUSE
3:43:24PM THAT WAS THE MOST AFFORDABLE WAY TO REHAB THE HOME.
3:43:27PM EVEN WHEN WE'RE DOING THESE THINGS, WE NEED TO THINK ABOUT
3:43:30PM IT FROM THE STANDPOINT OF WHAT WE BUILD FOR THE FOLKS NEEDS
3:43:34PM TO BE VERY HIGH QUALITY SO THEY DON'T HAVE TO TURN AROUND
3:43:36PM AND DO THINGS THEY CAN'T AFFORD TO DO.
3:43:39PM I'M SPEAKING FROM EXPERIENCE.
3:43:42PM >>GUIDO MANISCALCO: ALL RIGHT.
3:43:43PM HOW ABOUT PUBLIC COMMENT.
3:43:44PM IF ANYBODY WISHES TO SPEAK ON THIS SECTION FOR PUBLIC
3:43:48PM COMMENT, PLEASE COME UP.
3:43:49PM IF NOT, WE ALSO HAVE ONE MORE SECTION AND IT IS THE FINAL
3:43:52PM SECTION AFTER THIS.
3:43:54PM TWO MORE?
3:43:54PM OH.
3:43:57PM >> KIMBERLY OVERMAN, I'LL MAKE IT QUICK.
3:44:00PM THANK YOU, THANK YOU, THANK YOU, THANK YOU FOR FOCUSING ON
3:44:02PM THIS.
3:44:03PM TO YOUR POINT THAT YOU ARE MAKING, IF THEY CAN'T GO OUT AND
3:44:06PM GET A SECOND MORTGAGE, IF THEY WANT TO GO TO CONSUMER
3:44:08PM FINANCE OR DON'T HAVE A CREDIT CARD AVAILABLE TO THEM,
3:44:12PM CURRENTLY, THE LEGISLATION IS LOOKING AT THE CONSUMER

3:44:15PM FINANCE LOANS FOR LOANS UNDER 25,000.
3:44:18PM AND THEY ARE GOING TO PRETTY MUCH DOUBLE THE INTEREST RATES
3:44:23PM ALLOWED TO BE CHARGED BY THOSE TYPES OF LOANS.
3:44:26PM SO THE BEAUTY OF HAVING DOWN PAYMENT ASSISTANCE PROGRAMS AND
3:44:30PM FINANCIAL EDUCATION PROGRAMS WHEN YOU'RE BUYING A HOME IS
3:44:33PM IT'S REQUIRED TO GET FINANCIAL EDUCATION SO THAT YOU HAVE
3:44:37PM SOME SKILLS FOR BEING ABLE TO PUT TOGETHER A BUDGET AND
3:44:40PM UNDERSTAND INTEREST RATES AND LOANS AND ALL THOSE KINDS OF
3:44:43PM THINGS.
3:44:44PM THEY ARE MAKING THE EDUCATION FOR THOSE CONSUMER LOANS WHICH
3:44:47PM WOULD BE WHERE YOU COULD GO GET MONEY FOR DOING THE LITTLE
3:44:50PM IMPROVEMENTS THAT YOU CAN'T GET A MORTGAGE FOR OR DON'T HAVE
3:44:53PM A CREDIT CARD FOR.
3:44:54PM THEY ARE ALLOWING THOSE LOANS TO BE MADE WITHOUT THE
3:45:00PM EDUCATION.
3:45:00PM SO WE HAVE TO BE AWARE THAT WE NEED TO MAKE SURE THAT THESE
3:45:04PM FOLKS THAT ARE COMING INTO ANY PART OF THESE TYPES OF
3:45:07PM PROGRAMS THAT THEY GET THE TRAINING THAT THEY NEED AND
3:45:10PM PARTNERING WITH THE NONPROFITS THAT PROVIDE THE FINANCIAL
3:45:14PM EDUCATION IS A REAL WISE INVESTMENT FOR THE COMMUNITIES THAT
3:45:17PM WILL TAKE ADVANTAGE OF THE PROGRAMS AND WANT TO MOVE INTO
3:45:20PM HOME OWNERSHIP.
3:45:20PM WITH INTEREST RATES GOING UP OVER THE LAST FEW YEARS, WE
3:45:23PM FOUND THAT SOME OF THOSE FOLKS THAT HAVE TAKEN ADVANTAGE OF
3:45:26PM THOSE PROGRAMS FOUND THEMSELVES IN A DIFFICULT PLACE WHERE

3:45:30PM THEY COULDN'T KEEP THEIR HOMES.
3:45:31PM AND WE DON'T WANT TO SUCKER PUNCH THESE FAMILIES THAT HAVE
3:45:35PM TRIED TO FINALLY GET THROUGH TO THE DREAM.
3:45:38PM USING GOOD PRACTICES I THINK IS HELPFUL.
3:45:40PM WORKING WITH, TAKING ADVANTAGE OF THE FINANCING THAT IS
3:45:46PM AVAILABLE THROUGH MAYBE THE HOUSING FINANCE AUTHORITY, BUT
3:45:48PM THAT FINANCING REQUIRES PERPETUITY.
3:45:52PM SO WHILE IT COMES BACK, MAYBE IF WE ALLOW FOR THOSE
3:45:57PM INVESTMENTS TO BE MAINTAINED AFFORDABLE DEEMED BY TAX DEED
3:46:04PM OR WHATEVER AS AFFORDABLE, AND ONLY AVAILABLE TO BE
3:46:07PM PURCHASED BY ANOTHER AFFORDABLE HOUSING BUYER, THEN WE MAY
3:46:12PM BE ABLE TO USE A BETTER FINANCING TOOL FOR BEING ABLE TO
3:46:14PM HAVE THAT MONEY GO BACK INTO THE POOL AND BE USED BECAUSE
3:46:18PM WHEN THE CITY ONLY ALLOWS, ONLY REQUIRES A 30-YEAR LAND USE
3:46:26PM AGREEMENT, THE HOUSING FINANCE AUTHORITY'S MONEY LOCAL
3:46:30PM HOUSING FINANCE AUTHORITY DOES ACTUALLY DO FINANCING FOR
3:46:34PM PERPETUITY.
3:46:36PM IT'S COMPLICATED, BUT IT IS WHERE WE MAY BE ABLE TO CREATE
3:46:40PM SOME STREAMLINING OF THE PROCESS FOR LENDING.
3:46:43PM MIGHT MAKE IT EASIER.
3:46:45PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
3:46:45PM YES, MA'AM.
3:46:46PM PLEASE STATE YOUR NAME.
3:46:47PM >> MARY OPSAL.
3:46:49PM I JUST WANTED TO COMMENT BRIEFLY ON THE PROGRAM

3:46:53PM RECOMMENDATIONS, THE THINGS RELATING TO HOUSING STABILITY
3:46:56PM FOR RENTERS AND ALSO SUPPORT FOR HOMEOWNERS, THINGS LIKE THE
3:47:00PM REHAB PROGRAMS.
3:47:01PM I HEARD MENTIONED MULTIPLE TIMES STREAMLINING THEM, UNIFYING
3:47:05PM THEM, MAKING IT EASIER TO APPLY FOR THEM.
3:47:08PM I CANNOT OVEREMPHASIZE HOW IMPORTANT THAT IS, NO MATTER HOW
3:47:12PM GOOD THE PROGRAM IS, IF THE PEOPLE WHO WILL BENEFIT FROM IT
3:47:15PM DON'T KNOW THE PROBLEM EXISTS, IT'S ALL POINTLESS.
3:47:18PM SO THERE HAS TO BE A VERY FOCUSED, CONSCIOUS EFFORT TO MAKE
3:47:25PM SURE THAT INFORMATION GETS TO THE PEOPLE WHO WILL BENEFIT.
3:47:29PM THAT MEANS BEING VERY PROACTIVE IN THAT OUTREACH.
3:47:33PM IT MEANS WORKING WITH THE ORGANIZATIONS THAT ARE ALREADY
3:47:36PM THERE.
3:47:37PM WORKING IN THE COMMUNITIES WHO ALREADY HAVE RELATIONSHIPS
3:47:39PM WITH PEOPLE WHO WILL BENEFIT.
3:47:41PM AND ALSO IT'S BEEN MENTIONED MANY TIMES TODAY THAT MANY OF
3:47:44PM THESE PROGRAMS ARE DIFFICULT TO APPLY FOR.
3:47:48PM WE MUST BE OFFERING ASSISTANCE FOR PEOPLE WHO MAY NEED HELP.
3:47:52PM THEY MAY BE ELIGIBLE BUT IF THEY CAN'T FIGURE OUT THE
3:47:54PM APPLICATION OR IF THEY STRUGGLE TO FIND THE DOCUMENTATION,
3:47:58PM THEY MAY NOT HAVE INTERNET.
3:47:59PM THERE NEEDS TO BE ASSISTANCE PROVIDED SO THEY CAN APPLY FOR
3:48:05PM THE PROGRAMS AND GET THE BENEFITS.
3:48:07PM SO I JUST WANT TO MAKE SURE THAT'S EMPHASIZED THAT THAT'S
3:48:10PM VERY IMPORTANT AND IT CANNOT ONLY BE AVAILABLE MONDAY

3:48:13PM THROUGH FRIDAY 8 TO 5 BECAUSE MOST OF THE PEOPLE WHO WILL BE
3:48:17PM APPLYING FOR THESE PROGRAMS ARE BUSY TRYING TO PAY THE
3:48:21PM BILLS.
3:48:21PM THAT'S WHY MANY OF THEM DON'T KNOW THAT THE PROGRAMS EXIST
3:48:25PM BECAUSE THE FOREMOST THING ON THEIR MIND IS PAYING THE
3:48:27PM BILLS.
3:48:29PM I CANNOT OVEREMPHASIZE THAT, THE OUTREACH HAS TO BE VERY
3:48:34PM PROACTIVE.
3:48:36PM SOCIAL MEDIA ISN'T GOING TO CUT IT, PUTTING THOSE THINGS --
3:48:39PM THE STANDARD MEANS OF COMMUNICATION ISN'T GOING TO WORK.
3:48:41PM GOOD PROGRAMS, JUST MAKE SURE THE PEOPLE WHO WILL BENEFIT
3:48:44PM FROM THEM KNOW ABOUT THEM AND CAN APPLY.
3:48:47PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
3:48:48PM YES, MA'AM.
3:48:49PM PLEASE STATE YOUR NAME.
3:48:52PM >> HI.
3:48:53PM GOOD AFTERNOON.
3:48:53PM STEPHANIE POYNOR.
3:48:55PM I GOT THIS SLIDE, I THINK IT'S NUMBER 31.
3:49:01PM ANYWAY, I WAS SURPRISED AT HOW MUCH THE AVERAGE AWARD IS,
3:49:06PM ESPECIALLY IF WE'RE GETTING TO THE EVICTION PREVENTION PART
3:49:09PM BECAUSE HOW FAR THEY GET BEHIND ON THEIR RENT BEFORE THEY
3:49:12PM ARE ASKING FOR HELP.
3:49:15PM I OFTEN SEE ON Facebook AND I OFTEN HEAR THROUGHOUT THE
3:49:18PM COMMUNITIES THAT PEOPLE ARE ASKING FOR UTILITY ASSISTANCE,

3:49:22PM AND THEY ASK FOR RENTAL ASSISTANCE, AND THEY ASK FOR
3:49:26PM GROCERIES.
3:49:26PM AND IT ALWAYS KIND OF DUMBFOUNDS ME THAT THERE'S NOT REALLY
3:49:30PM A CONNECTION THAT'S MADE.
3:49:31PM I KNOW THAT WHEN I SAW THE HOT LINE PHONE CALL NUMBERS AND
3:49:38PM THERE ARE A COUPLE OF QUESTIONS THAT I HAVE FOR YOU.
3:49:40PM HOW MUCH WATER UTILITY ASSISTANCE IS THE CITY GIVING BECAUSE
3:49:44PM THE WATER ASSISTANCE COULD COME FROM THE WATER COMPANY,
3:49:47PM BECAUSE EVERY LITTLE PENNY COUNTS.
3:49:50PM WHEN YOU'RE A HUNDRED DOLLARS SHORT ON YOUR RENT AND YOU
3:49:53PM DON'T PAY YOUR RENT ON TIME BECAUSE YOU DON'T HAVE THAT
3:49:55PM WHOLE HUNDRED DOLLARS BECAUSE YOUR LANDLORD WON'T TAKE IT
3:49:58PM BECAUSE YOU OWE THEM 1500, GUESS WHAT, THEN YOU OWE THEM
3:50:02PM ANOTHER HUNDRED DOLLARS FOR LATE FEES.
3:50:04PM IF YOU HAD THAT HUNDRED DOLLARS BY HAVING YOUR WATER BILL
3:50:07PM PAID THAT MONTH OR SNAP FUNDS AVAILABLE TO YOU TO OFFSET
3:50:11PM THAT, THEN YOU'RE NOT GOING TO NEED AS MUCH FOR HOUSING.
3:50:16PM HOLD ON, I'M BRINGING IT BACK DOWN.
3:50:18PM I'M GOING TO SAY SOMETHING FOR MY BUDDY ANDY JOE.
3:50:23PM YOU KNOW, WE'VE TALKED ABOUT THIS A COUPLE OF DIFFERENT
3:50:26PM TIMES ABOUT HOW THE CONTRACT DEVELOPMENT AND DUE DILIGENCE
3:50:30PM ARE BASS-ACKWARDS FOR THE CITY.
3:50:33PM YOU KNOW WHAT, LET ME TELL YOU SOMETHING, PEOPLE WHO BUY
3:50:37PM PROPERTIES, THEY PUT A CONTRACT ON STUFF AND THEN THEY DO
3:50:40PM THEIR DUE DILIGENCE.

3:50:41PM THEY PUT CONTRACTS AND THEY'LL MAKE TEN CONTRACTS IN A DAY
3:50:46PM AND YOU HAVE AN INSPECTION PERIOD TO DO YOUR DUE DILIGENCE.
3:50:50PM THEY DO THAT DURING THAT PERIOD OF TIME BECAUSE IT IS A GET
3:50:52PM OUT OF JAIL FREE CARD.
3:50:54PM FOR THAT TEN-DAY PERIOD, I DON'T KNOW WHAT IT IS FOR
3:50:56PM COMMERCIAL, BUT IN RESIDENTIAL, FIVE, TEN DAYS, DEPENDING ON
3:51:00PM HOW SERIOUS YOU ARE ABOUT A PIECE OF PROPERTY, YOU DO YOUR
3:51:03PM DUE DILIGENCE DURING THAT INSPECTION PERIOD.
3:51:07PM YOU DON'T DO IT BEFORE YOU WRITE A CONTRACT.
3:51:10PM YOU DO IT AFTER YOU WRITE A CONTRACT.
3:51:12PM WHY IS THE CITY DOING IT BACKWARDS?
3:51:14PM HOW MANY PROPERTIES HAVE WE LOST DOING IT BASS-ACKWARDS?
3:51:17PM MAKES NO SENSE TO ME.
3:51:19PM I'M GLAD WE'RE WORKING ON THIS TRANSPARENCY TRACKER.
3:51:22PM I KNOW CARROLL ANN HAS BEEN ASKING FOR IT FOR A LONG TIME.
3:51:27PM THANK YOU VERY MUCH.
3:51:27PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
3:51:28PM IS CARROLL ANN BENNETT ON THE LINE?
3:51:31PM YES.
3:51:33PM PLEASE UNMUTE YOURSELF IF YOU WOULD LIKE TO SPEAK.
3:51:37PM >> HI.
3:51:38PM CARROLL ANN BENNETT.
3:51:40PM I JUST WANT TO SAY I WAS REALLY GLAD THAT KAYON REMINDED
3:51:44PM EVERYBODY THAT OWNERSHIP IS NOT JUST SINGLE-FAMILY HOMES.
3:51:48PM THERE IS A BIG ADVANTAGE WITH OWNERSHIP OF CONDOS,

3:51:52PM PARTICULARLY FOR PEOPLE WITH LOWER INCOME.
3:51:55PM YOU HAVE REDUCED UTILITIES, REDUCED MAINTENANCE, REDUCED
3:51:59PM TAXES, REDUCED INSURANCE.
3:52:01PM WE NEED TO REMEMBER THAT.
3:52:02PM GREAT PRESENTATION.
3:52:05PM ALSO, THE DASHBOARD, I'M THRILLED.
3:52:08PM SOUNDS GREAT, AND THIS MAY ALREADY BE IN THERE, IN CASE IT'S
3:52:13PM NOT, I SUGGEST THAT IT INCLUDES LIKE WHEN SOMEONE IS FILLING
3:52:17PM OUT THEIR APPLICATION TO GET PERMITS, IT WOULD BE GOOD TO
3:52:20PM KNOW THE NUMBER OF BEDROOMS PER UNIT AND IT WOULD BE GREAT
3:52:22PM IF WE HAD SOME BALLPARK.
3:52:25PM AND I MEAN BALLPARK IDEA OF WHAT THE RENT IS GOING TO BE ON
3:52:28PM THE UNITS AND THE SALES PRICE BECAUSE THAT GIVES US AN IDEA
3:52:33PM OF WHAT INCOME BRACKET THESE UNITS ARE GOING TO HELP AND WHO
3:52:37PM IS GOING TO BE ABLE TO AFFORD IT.
3:52:39PM MY OTHER THING IS, I SAW -- I THINK THE DASHBOARD WON'T BE
3:52:45PM AVAILABLE FOR A YEAR, MARCH OF '25.
3:52:48PM ANY WAY THAT RIGHT AWAY TO GET SOME BALLPARK OF WHAT'S IN
3:52:52PM THE PIPELINE RIGHT NOW?
3:52:53PM AND IT WOULD REALLY BE GREAT IF IT COULD BE SOMEWHAT
3:52:57PM GEOGRAPHICALLY INFORMED.
3:53:00PM THANK YOU.
3:53:01PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
3:53:02PM MR. HAGAN AND THAT WILL CONCLUDE THIS PUBLIC COMMENT PERIOD.
3:53:08PM >> I HAVE A QUICK QUESTION THAT I REFERENCED THAT I WOULD

3:53:11PM LOVE TO HAVE AN ANSWER FROM STAFF.
3:53:14PM TALKING ABOUT THIS AT LUNCH.
3:53:16PM HOW CAN WE INCENTIVIZE CONDO OWNER TYPE OF MULTIFAMILY?
3:53:21PM THAT IS A QUESTION I DON'T REALLY KNOW WHAT THE LOCAL
3:53:24PM SOLUTION IS.
3:53:26PM SUCH A HURDLE GETTING MULTIFAMILY AT ALL.
3:53:30PM FOR MULTIFAMILY, HOW DO WE GET DEVELOPERS TO BUILD THINGS
3:53:33PM FOR SALE?
3:53:33PM MY NEIGHBORHOOD DOESN'T HAVE ANY FOR SALE MULTIFAMILY AND I
3:53:37PM DON'T KNOW THE ANSWER TO THAT QUESTION.
3:53:39PM WHATEVER WE CAN DO FOR THAT SEEMS GERMANE TO THIS
3:53:43PM CONVERSATION.
3:53:44PM >>GUIDO MANISCALCO: YES, MA'AM.
3:53:45PM PLEASE STATE YOUR NAME.
3:53:45PM ANYBODY ELSE WISH TO SPEAK FOR PUBLIC COMMENT?
3:53:48PM YES, MA'AM.
3:53:50PM PLEASE STATE YOUR NAME.
3:53:51PM >> ALISON HEWITT.
3:53:53PM SORRY.
3:53:53PM JUST RAN DOWN THE STREET AND STILL TRYING TO CATCH MY
3:53:56PM BREATH.
3:53:57PM EARLIER PRESENTATION THERE WAS A SECTION THAT I THINK WOULD
3:54:04PM BE REALLY IMPORTANT FOR EAST TAMPA AND THAT IS THE MISSING
3:54:07PM MIDDLE THAT THE STAFF HAS REALLY, REALLY, REALLY BEEN TRYING
3:54:11PM TO RESEARCH, PUSH AND MAKE SURE THAT WE'RE ALLOWED TO DO.

3:54:15PM BECAUSE ALSO HEARD ABOUT THE 4% LAND THAT'S AVAILABLE, EAST
3:54:19PM TAMPA, WE HAVE A LOT OF OLDER HOMES, A LOT OF PEOPLE WHO
3:54:22PM MOVED AWAY, WOULD LIKE TO COME BACK.
3:54:25PM WE HAVE A LOT OF VACANT, DILAPIDATED PROPERTIES THAT MAYBE
3:54:28PM THE FAMILY WOULD MOVE BACK IF WE CAN PUT SOME OF THAT
3:54:31PM MISSING MIDDLE ON THOSE LARGER LOTS.
3:54:35PM SO AS ONE OF THE INCENTIVES I'D LIKE TO ASK THE STAFF TO
3:54:40PM CONSIDER RESEARCHING IS FLORIDA HOUSING FINANCE HAS A
3:54:44PM PREDEVELOPMENT LOAN PROGRAM.
3:54:45PM WE APPROVED ONE WITH THE CRA FOR MIXED USE DEVELOPMENT.
3:54:50PM BUT THIS WOULD ALSO HELP MAYBE SOME FOLKS WHO WANT TO
3:54:53PM DOWNSIZE AND BUILD ON THEIR PROPERTY INSTEAD OF HAVING THAT
3:54:56PM ONE HOUSE, BE ABLE TO HAVE THREE HOMES, BUT THROUGH THE
3:55:00PM HOUSING FINANCE PREDEVELOPMENT PROGRAM THEY WOULD PARTNER
3:55:05PM WITH A LOCAL, SMALLER NONPROFIT DEVELOPER TO GET THEM
3:55:10PM THROUGH THAT PROCESS BECAUSE THEY WOULD BE ABLE TO PAY FOR
3:55:13PM WHERE THEY LIVE WITH OTHER TWO OR THREE UNITS IF THEY DO A
3:55:16PM DUPLEX, QUADRUPLEX.
3:55:19PM SOME ARE ACRES OF LAND THAT THEY COULD PUT A TEN-UNIT.
3:55:24PM I'M HOPING THAT AS WE ADDRESS THE MISSING MIDDLE WE ARE
3:55:28PM REALLY OPEN TO PUT MISSING MIDDLE TO CREATE DENSITY WITHIN A
3:55:33PM LARGELY SINGLE-FAMILY HOME, SINGLE-FAMILY RESIDENCES.
3:55:38PM BUT THE COMMUNITY THAT WE HAVE SPOKEN TO AND OLDER FOLKS
3:55:42PM THERE ARE REALLY OPEN TO PUTTING SOME DIFFERENT TYPE OF
3:55:45PM STYLE HOUSING THAT CREATES SOME DENSITY WITHIN THE

3:55:50PM NEIGHBORHOODS.
3:55:50PM THANK YOU.
3:55:50PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
3:55:51PM COUNCILMAN CARLSON, YOU HAD YOUR HAND UP FIRST AND THEN
3:55:54PM COUNCILWOMAN HURTAK.
3:55:55PM >> EXCUSE ME, I WANT TO SAY ONE THING.
3:55:57PM CHLOE CONEY.
3:55:59PM I WAS JUST ASKING THE COO WITH THE CDC.
3:56:04PM THEY ARE USING NEW MARKET TAX CREDITS TO ADD TO THAT.
3:56:07PM AGAIN, I HOPE ALL OF US WORK TOGETHER SO WE CAN ALL LEVERAGE
3:56:12PM THE FUNDING AND I'M OUT OF HERE.
3:56:14PM THANK YOU.
3:56:14PM >>GUIDO MANISCALCO: YES, MA'AM.
3:56:15PM THANK YOU VERY MUCH.
3:56:15PM COUNCIL MEMBER CARLSON, HURTAK AND MR. HAGAN HAD A QUESTION
3:56:22PM REGARDING CONDOS.
3:56:23PM I DON'T KNOW IF YOU CAN ANSWER IT, MR. DRUMGO, AFTER.
3:56:30PM >>BILL CARLSON: COMMISSIONER OVERMAN MENTIONED THE TRAINING,
3:56:37PM FINANCIAL TRAINING PROGRAMS.
3:56:38PM THE INFORMATION I GOT IN THE LAST 36 HOURS IS THAT THERE ARE
3:56:41PM 2,000 FAMILIES IN TAMPA WHO HAVE BEEN THROUGH THE FINANCIAL
3:56:45PM TRAINING PROGRAM AND ARE ELIGIBLE TO BUY HOMES.
3:56:48PM BUT ONE OF THE PIECES OF FEEDBACK I GOT, I DON'T KNOW IF
3:56:51PM KAYON OR ALIS COULD ANSWER THIS, BUT ONE OF THE PIECES OF
3:56:54PM FEEDBACK I GOT IS THAT THE CITY THEN REQUIRES THE FAMILIES

3:56:58PM TO GO THROUGH THE CITY'S TRAINING PROGRAM.
3:57:00PM MY QUESTION IS, IF A NONPROFIT HAS A HUD-APPROVED FINANCIAL
3:57:06PM TRAINING PROGRAM, DOES THE CITY REQUIRE THEM TO GO THROUGH
3:57:09PM ANOTHER ONE OR IS A HUD APPROVED PROGRAM WITH ANOTHER AGENCY
3:57:13PM SUFFICIENT FOR THEM TO BE ABLE TO MOVE FORWARD.
3:57:17PM >>KAYON HENDERSON: KAYON HENDERSON FOR THE RECORD.
3:57:19PM WE ACTUALLY PARTNER WITH HUD APPROVED COUNSELING AGENCIES.
3:57:27PM THEY JUST HAVE TO GO THROUGH ONE.
3:57:28PM >>BILL CARLSON: ALIS WAS ASKING ME WHAT I LIKE, I LIKE THE
3:57:32PM IDEA BRINGING MONEY BACK ON THE MILLION AND A HALF WHATEVER
3:57:34PM THAT WAS OF STATE MONEY.
3:57:36PM THE LAST THING IS ON THE DATA CHART, WE HAD HOME OWNERSHIP
3:57:41PM RATE.
3:57:41PM I EXTRAPOLATED.
3:57:43PM I DON'T KNOW SINCE THIS HAS THE AFRICAN AMERICAN HOME
3:57:46PM OWNERSHIP RATE, BUT IF IT DOES, I THINK WE OUGHT TO PUT THAT
3:57:49PM ON BECAUSE YOU TALKED ABOUT TARGETING, IN YOUR GOALS YOU
3:57:52PM TALKED ABOUT TARGETING MINORITY HOME OWNERSHIP RATE IF PART
3:57:55PM OF THE MINORITY MEANS AFRICAN AMERICAN, I THINK WE NEED TO
3:57:58PM SPECIFICALLY TRACK THAT.
3:57:59PM BECAUSE THE NUMBER IS SO LOW, UNFORTUNATELY, IF MY NUMBER IS
3:58:02PM CORRECT, 34,000.
3:58:04PM IF WE ADDED A THOUSAND THIS YEAR AND THOUSAND NEXT YEAR,
3:58:06PM THAT IS A PRETTY SIGNIFICANT PERCENTAGE RATE BASED ON THE
3:58:10PM LOW BASE.

3:58:11PM >>GUIDO MANISCALCO: COUNCIL MEMBER HURTAK.
3:58:13PM >>LYNN HURTAK: I JUST WANTED AN ANSWER TO MS. POYNOR'S
3:58:18PM QUESTION, WHICH I DIDN'T WRITE DOWN.
3:58:23PM NO, IT WAS NOT ABOUT TRACKER.
3:58:29PM OH, THAT'S WHAT IT WAS.
3:58:31PM THE DUE DILIGENCE.
3:58:34PM SHE SAID, IT SEEMS LIKE IT'S BACKWARDS AND I JUST DIDN'T
3:58:37PM KNOW IF THERE WAS A WAY -- SOME SORT OF PROTOCOL WHERE
3:58:40PM GOVERNMENT IS NOT ALLOWED TO DO THAT.
3:58:44PM >>ALAN CLENDENIN: I BELIEVE SHE SAID IT WAS BASS-ACKWARDS.
3:58:47PM >>LYNN HURTAK: I'M TRYING TO USE MY LADY LANGUAGE.
3:58:50PM >>ALIS DRUMGO: BASS-ACKWARDS AND SAY WE DO HAVE AN
3:58:53PM ACQUISITION POLICY.
3:58:54PM THAT'S THE WAY THE POLICY IS SET FORTH.
3:58:56PM OUR STAFF, WE'VE TRIED TO CREATE SOME DIFFERENT MECHANISMS
3:59:00PM OR CRITERIA IN GETTING SET UP FOR THE STRATEGIC ACQUISITION,
3:59:05PM STREAMLINE THAT PROCESS OF HOW WE DO THAT.
3:59:07PM BUT THE REALITY IS THAT WE NEED TO CHANGE THE POLICY.
3:59:09PM SO POLICY MAKERS, YOU ALL WOULD LIKE FOR US TO REEXAMINE
3:59:14PM THAT POLICY, WE'LL GLADLY GO BACK AND TAKE A LOOK AT IT.
3:59:18PM >>LYNN HURTAK: IF YOU NEED A MOTION TO THAT EFFECT, IF YOU
3:59:21PM ALL WANT TO WRITE ONE, BECAUSE WE CAN'T DO ANY TODAY.
3:59:26PM >>ALIS DRUMGO: I'LL TAKE IT.
3:59:27PM >>LYNN HURTAK: I'M HAPPY TO PUT THAT MOTION FORWARD TO TALK
3:59:30PM ABOUT NEXT WEEK.

3:59:31PM >>ALIS DRUMGO: THANK YOU.
3:59:32PM YES, WE WOULD LOVE THE FLEXIBILITY.
3:59:33PM >>LYNN HURTAK: THAT IS THE KIND OF STUFF WE NEED TO KNOW
3:59:36PM ABOUT FOR SURE.
3:59:37PM IF THAT'S ALL IT TAKES IS POLICY CHANGE, I DON'T THINK ANY
3:59:40PM OF US UP HERE WOULD DISAGREE WITH THAT.
3:59:43PM IF THEY DO, WE CAN TALK ABOUT IT WHEN WE BRING IT UP.
3:59:50PM >>GUIDO MANISCALCO: MR. HAGAN ASKED A QUESTION REGARDING
3:59:52PM CONDOS OR MS. FEELEY, DO YOU HAVE THE ANSWER?
3:59:56PM >>ABBYE FEELEY: CAN YOU RESTATE THE QUESTION AGAIN?
3:59:57PM MY HEAD BOUNCED FIVE OTHER PLACES.
4:00:02PM >> HOW CAN WE INCENTIVIZE CONDOS OVER RENTAL PROPERTIES FOR
4:00:07PM MULTIFAMILY?
4:00:10PM >>ABBYE FEELEY: ABBYE FEELEY.
4:00:11PM HOW CAN WE INCENTIVIZE CONDOMINIUMS FOR HOME OWNERSHIP
4:00:17PM VERSUS THE RENTALS?
4:00:19PM THIS IS SOMETHING WE'VE EVEN LOOKED AT IN INFILL BECAUSE
4:00:24PM TOWNHOME NEXT TO EACH OTHER IS ONE THING.
4:00:26PM WHEN YOU START STACKING UNITS FOR SALE, THAT'S
4:00:31PM CONDOMINIUMIZATION -- LONG DAY -- THAT ADDS ANOTHER COST
4:00:38PM ONTO THAT DEVELOPMENT, RIGHT?
4:00:39PM BECAUSE YOU HAVE TO BE A CONDO ASSOCIATION.
4:00:42PM YOU HAVE TO GO THROUGH THE STATE.
4:00:43PM YOU HAVE OTHER COSTS THAT ARE GOING ON THERE.
4:00:46PM WE AT THIS TIME HAVE NOT BEEN ABLE TO FIND A WAY TO

4:00:50PM INCENTIVIZE THAT AS A FORM OF HOME OWNERSHIP FOR
4:00:54PM AFFORDABILITY.
4:00:55PM WE HAD SOMEONE HERE TODAY THAT SAID I LIVE IN A CONDO IN
4:00:58PM CHANNELSIDE.
4:00:59PM WE JUST HAD A SPECIAL ASSESSMENT OF $5 MILLION.
4:01:02PM DO YOU HAVE MONEY TO HELP US?
4:01:03PM IT WAS LIKE, OH, SO WHEN YOU THINK ABOUT THE SCALE OF THE
4:01:07PM UNITS THAT WE'RE LOOKING AT DOING, IF IT WERE TEN UNITS OR
4:01:10PM 20 UNITS IN A BUILDING AND MORE OF A MEDIUM DENSITY TYPE OF
4:01:14PM THING ON THE PERIPHERY OF A NEIGHBORHOOD, IT GETS COSTLY TO
4:01:17PM TAKE THE CONDOMINIUM ROUTE.
4:01:19PM WE'RE STILL WORKING ON THAT.
4:01:21PM I DON'T WANT TO SAY, YES, WE KNOW THE ANSWER BECAUSE AT THIS
4:01:24PM MOMENT, WE DON'T.
4:01:25PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
4:01:25PM I LIVE IN A CONDO WITH MY WIFE.
4:01:28PM WE DO, BECAUSE THAT'S WHAT WAS AFFORDABLE AND AVAILABLE AT
4:01:31PM THE TIME.
4:01:32PM AND, YEAH, THAT IS THE BATTLE WE'RE HAVING NOW IS HALF THE
4:01:35PM BOARD WANTS TO RAISE THE HOA DUES FOR THE SECOND TIME IN TWO
4:01:39PM YEARS AND OTHERS DON'T.
4:01:41PM AT THIS POINT -- WELL, THERE WASN'T A HOUSE TO BUY BUT WE'RE
4:01:46PM PAYING A MORTGAGE THAT WE WOULD ON A HOUSE.
4:01:49PM IT'S VERY TRICKY.
4:01:50PM AND THEN THE STATE OF FLORIDA HAS SO MUCH POWER WITH THE

4:01:53PM HOAs, YOU DON'T PAY YOUR DUES, THE HOA WILL FORECLOSE ON
4:01:58PM YOU AND TAKE TITLE AND YOU ARE EVICTED.
4:02:00PM SOUNDS GOOD AND I LIKE WHERE I LIVE, BUT PAY YOUR THINGS ON
4:02:04PM TIME AND YOU'RE AT THE MERCY OF A SPECIAL ASSESSMENT.
4:02:08PM SOMEBODY BROUGHT UP A BUILDING THAT HAS BEEN VACANT FOR
4:02:10PM YEARS AT THE MARINA CLUB RIGHT OFF HOWARD AND TAMPA BAY,
4:02:14PM THEY HAVE A SPECIAL ASSESSMENT AND THEIR HOA DUES.
4:02:16PM I REMEMBER LOOKING AT A UNIT.
4:02:18PM IT WAS $25,000 FOR A ONE BEDROOM.
4:02:20PM THE HOA WAS ALMOST $600 A MONTH.
4:02:24PM COUNCIL MEMBER CARLSON.
4:02:28PM >>BILL CARLSON: I'M SURPRISED THAT WE DON'T HAVE A SOLUTION.
4:02:31PM IF I WAS GOING TO FOCUS ON HOUSING THIS WHOLE DAY, THAT IS
4:02:36PM THE NUMBER ONE THING I WOULD FOCUS ON.
4:02:39PM I SPENT THE LAST 36 HOURS TALKING TO PEOPLE WHO SAY IT'S
4:02:43PM POSSIBLE TO DO IT, IT'S EASY TO DO IT.
4:02:46PM IN FACT, IF YOU HAVE A DUPLEX OR A TRIPLEX, SOMETIMES THEY
4:02:53PM SET UP A CONDO ASSOCIATION.
4:02:54PM SOMETIMES JUST A JOINT AGREEMENT.
4:02:56PM BUT THE DEAL IS THE NEW STATE LAW SAYS IF YOU'RE ABOVE FOUR
4:03:01PM STORIES AND OVER 30 YEARS, YOU HAVE TO GO THROUGH AN
4:03:04PM ENGINEERING ASSESSMENT.
4:03:05PM RIGHT NOW WE'RE TALKING ABOUT THE BEGINNING OF THIS.
4:03:08PM I WOULD SAY I'M HAPPY TO BUY LUNCH OR BREAKFAST.
4:03:11PM LET'S BRING A GROUP OF DEVELOPERS TOGETHER, NONPROFITS AND

4:03:14PM OTHERS AND ASK THEM WHAT WE NEED TO DO TO INCENTIVIZE THE
4:03:18PM ANSWER TO THAT QUESTION BECAUSE THAT I THINK IS MORE
4:03:20PM IMPORTANT THAN ANYTHING WE HAVE TALKED ABOUT TODAY.
4:03:22PM WE ABSOLUTELY CAN PROVIDE SINGLE-FAMILY HOME OWNERSHIP, BUT
4:03:25PM IF WE CAN GO VERTICAL, WE'RE GOING TO GET MORE DENSITY, MORE
4:03:30PM VARIETY, AND WE'LL HAVE MORE UNITS THAT PEOPLE CAN BUY.
4:03:33PM THANK YOU.
4:03:33PM >>GUIDO MANISCALCO: IF YOU DO HOST BREAKFAST, I RECOMMEND LA
4:03:37PM SEGUNDA.
4:03:40PM I HAD THE BEST GUAVA AND CREAM CHEESE, SO IF DO YOU THAT,
4:03:47PM JUST AN FYI.
4:03:48PM >>ALAN CLENDENIN: IF IT'S LUNCH, I WOULD SUGGEST PARIS.
4:03:52PM FLY TO PARIS.
4:03:53PM I'D LIKE TO TAKE A PERSONAL POINT OF PRIVILEGE, LIGHTEN THE
4:03:58PM MOOD BEFORE WE GO TO THE NEXT THING.
4:04:01PM BEFORE THE CROWD GETS LESS DENSE, SOMEBODY IN THE AUDIENCE
4:04:05PM CELEBRATING HER 8th BIRTHDAY.
4:04:07PM WOULD YOU STAND UP, PLEASE?
4:04:11PM ERICA.
4:04:13PM SHE IS A LEAP YEAR.
4:04:16PM I WOULD LIKE TO SAY,.
4:04:19PM HAPPY BIRTHDAY TO YOU
4:04:22PM HAPPY BIRTHDAY TO YOU
4:04:24PM HAPPY BIRTHDAY DEAR ERICA
4:04:30PM HAPPY BIRTHDAY TO YOU

4:04:34PM AND AT LEAST 8 MORE.
4:04:41PM >>GUIDO MANISCALCO: WE TYPICALLY DON'T ALLOW CELEBRATION
4:04:45PM HERE.
4:04:45PM MR. DRUMGO, IS THIS THE LAST SECTION?
4:04:49PM >>ALIS DRUMGO: IT IS NOT.
4:04:50PM IT IS NOT.
4:04:51PM WE HAVE TWO MORE SECTIONS, COUNCILMAN.
4:04:56PM >>GUIDO MANISCALCO: YES, SIR, GO AHEAD.
4:04:57PM >>ALIS DRUMGO: THERE WERE A LOT OF QUESTIONS AND COMMENTS IN
4:05:00PM BETWEEN IN THESE LAST FEW SECTIONS, SO I HAVE TO SPEAK TO A
4:05:03PM FEW THINGS BEFORE I GET INTO THE COMMUNITY LAND TRUST.
4:05:06PM I HEARD THERE WAS AN ASK OF MORE OF A DISCUSSION ABOUT
4:05:11PM COMMUNITY BENEFIT AGREEMENTS AND MORE OF A COMMUNITY
4:05:14PM CONVERSATION.
4:05:15PM AND THEN THERE WAS A MENTION OF THE FUN-LAN PROJECT.
4:05:18PM WHEN YOU ALL PASSED THAT RESOLUTION AND WE ADOPTED THE
4:05:21PM COMMUNITY BENEFITS AGREEMENTS, PART OF THAT WAS THAT FOLKS
4:05:25PM DOING A CERTAIN PERCENTAGE OF AFFORDABLE HOUSING, HUNDRED
4:05:28PM PERCENT AFFORDABLE, DON'T REQUIRE A CDA.
4:05:31PM THEY WAIVE THAT PROVISION AND THEY CAN JUST GO AND DO THAT
4:05:35PM AFFORDABLE HOUSING.
4:05:36PM THE OTHER THING THAT I HEARD HERE WAS ABOUT SUBSIDIES FOR --
4:05:42PM PROGRAMMATIC SUBSIDY.
4:05:44PM I THINK YOU HEARD DIRECTOR HENDERSON SAY THERE ARE
4:05:46PM LIMITATIONS IN TERMS OF WHAT SHE CAN DO WITH THE FUNDING

4:05:49PM WHEN RECEIVE IT BACK.
4:05:50PM CAN'T GO BACK IN WITH THE SAME PURPOSE A LOT OF TIMES.
4:05:53PM I HEARD THAT AND THEN HEARD A LOT ABOUT SHARED EQUITY FROM
4:05:58PM TWO OF THE COUNCIL MEMBERS, COUNCILMAN CLENDENIN AND
4:06:01PM COUNCILMAN CARLSON.
4:06:02PM SO IT SOUNDS LIKE YOU ARE IN FAVOR OF A SHARED EQUITY MODEL
4:06:05PM WHICH JUST SO HAPPENS WE'RE ABOUT TO TALK ABOUT WITH THE
4:06:07PM COMMUNITY LAND TRUST.
4:06:08PM I THINK YOU'LL FIND THAT WE DON'T HAVE TO WORRY ABOUT THE
4:06:10PM LOGISTICS OF TRYING TO FIGURE OUT PROGRAMMATICALLY WHAT TO
4:06:13PM DO WITH THE MONEY ON A CYCLICAL BASIS OVER AND OVER AGAIN
4:06:18PM WHEN WE CAN LOCK IT INTO THE PROPERTY.
4:06:20PM THE SUBSIDY STAYS IN THE PROPERTY, IN THE LAND OVER TIME.
4:06:23PM WE'LL JUMP INTO THAT HERE IN A SECOND.
4:06:26PM JUST LISTENING ON SOME OF THE CONVERSATION ABOUT
4:06:31PM CONDOMINIUM, CONDOS AND THINGS LIKE THAT, CERTAINLY OPEN TO
4:06:35PM THE CONVERSATION.
4:06:36PM I THINK I HEARD A LOT ABOUT FEES, HOA FEES, COMMON AREA
4:06:39PM MAINTENANCE.
4:06:40PM ALL THESE THINGS THAT ARE ADDED COSTS TO A HOME BUYER OR
4:06:44PM HOMEOWNER.
4:06:45PM OUR WHOLE POINT OF THIS IS TO BRING THAT STABILITY TO OUR
4:06:49PM BUYERS.
4:06:49PM IF WE ARE PARTNERING ON PROJECTS, WE WANT THE STABILITY.
4:06:52PM WE DON'T WANT TO HAVE TO WORRY ABOUT A 20% INCREASE IN FEES

4:06:57PM FOR SOMEONE WHO WOULD THEN BE PRICED OUT OF SOMETHING THAT
4:07:00PM THEY THOUGHT THEY WERE BUYING THAT WAS AFFORDABLE.
4:07:04PM KEEP IN MIND WHEN WE GO INTO THE DEALS, WE DON'T WANT TO
4:07:06PM STAY IN THE DEAL IN PERPETUITY AND BE ALONGSIDE THOSE PEOPLE
4:07:10PM AS THEY STAY IN THE HOME AND THE FEES CONTINUE TO INCREASE.
4:07:13PM WE WANT TO BE ABLE TO RELEASE THEM TO GO OUT AND ENJOY THEIR
4:07:16PM HOME.
4:07:16PM JUST WANTED TO POINT TO THAT.
4:07:18PM >>GUIDO MANISCALCO: COUNCIL MEMBER CARLSON.
4:07:21PM >>BILL CARLSON: WITH THE NEW STATE LAWS ON THE CONDO
4:07:27PM ASSOCIATION FEES, YOU HAVE TO -- THE REASON WHY THERE ARE SO
4:07:30PM MANY ASSESSMENTS NOW IS BECAUSE YOU HAVE TO MAINTAIN THE
4:07:32PM FUNDS I THINK AT REPLACEMENT VALUE.
4:07:36PM THERE'S A BUNCH OF STEPPING UP RIGHT NOW AND ALWAYS POSSIBLE
4:07:40PM THAT A CONDO WILL HAVE AN ASSESSMENT IN THE FUTURE.
4:07:43PM LITTLE A WHILE AGO WE WERE TALKING ABOUT PEOPLE WHO OVER
4:07:46PM SOME TIME CAN'T AFFORD TO PAINT THEIR HOUSE AND ADD THE
4:07:51PM ROOF.
4:07:52PM EACH HOMEOWNER WHEN THEY GO THROUGH THE FINANCIAL PLANNING
4:07:56PM CLASS, THEY CAN LEARN HOW TO SAVE MONEY TO PAY FOR THE ROOF
4:07:59PM AND PAINTING AND EVERYTHING ELSE.
4:08:00PM THAT'S WHAT A CONDO ASSOCIATION DOES, IT FORCES YOU TO DO
4:08:03PM THAT.
4:08:03PM SO THAT HAS TO BE CALCULATED INTO THE AFFORDABILITY MODEL.
4:08:08PM WE HAVE TO FIGURE OUT HOW TO MAKE THAT WORK.

4:08:10PM ANYWAY I LOOK FORWARD TO AN OFF-LINE CONVERSATION.
4:08:13PM >>GUIDO MANISCALCO: YES, MA'AM.
4:08:14PM >>GWEN HENDERSON: I WANT TO ADD TO THAT.
4:08:16PM IT'S NOT THAT I'M AGAINST CONDOS, BUT I THINK WE'RE OPENING
4:08:20PM UP A CAN OF WORMS WHEN IT COMES TO ALREADY WE'RE PROVIDING
4:08:25PM CLASSES AND TRAINING FOR THE HOMEOWNER AS THEY ENTER INTO
4:08:30PM SINGLE-FAMILY HOMES TO OPEN UP A CAN OF WORM WHEN IT COMES
4:08:36PM TO ASSESSMENTS AND THINGS THAT THEY MAY NOT ACTUALLY SUPPORT
4:08:40PM OR CAN'T AFFORD IS JUST A WHOLE NEW BALL GAME.
4:08:44PM MADE ME THINK ABOUT ONE OF MY FRIENDS WHO LIVES OUT IN NEW
4:08:47PM TAMPA.
4:08:47PM THE COMMUNITY DECIDED TO BUILD A WALL ALONG THE BACK OF THE
4:08:52PM HOUSE.
4:08:53PM AND EVERY HOMEOWNER WAS REQUIRED TO PAY $8,000.
4:09:00PM SEE, YOU SHOULD HAVE GONE TO THE MEETING.
4:09:02PM BUT THEY VOTED FOR THAT.
4:09:04PM I JUST DON'T SEE THAT, WHEN WE'RE TALKING ABOUT PEOPLE WHO
4:09:07PM ARE TRYING TO BE HOMEOWNERS FOR THE FIRST TIME, ADDED COST,
4:09:12PM IT'S NOT ABOUT BUDGET BECAUSE I AM THE BUDGET QUEEN.
4:09:14PM IT'S NOT ABOUT THAT.
4:09:15PM IT'S ABOUT AFFORDABILITY.
4:09:17PM IF YOU'RE GETTING INTO SOMETHING YOU CAN AFFORD, ANYTHING
4:09:21PM EXTRA THAT YOU JUST DON'T ANTICIPATE IS EXTREMELY DIFFICULT.
4:09:27PM EDUCATOR SALARY TO THAT TO PEOPLE WHO DON'T GET PAID IN THE
4:09:31PM SUMMER, YOU'RE OPENING UP A WHOLE OTHER CAN OF WORMS.

4:09:34PM I JUST DON'T THINK THAT IS IDEAL WHEN WE ARE TALKING ABOUT
4:09:38PM AFFORDABILITY.
4:09:38PM I DO LIKE THE TOWN HOUSE SITUATION, CONDOMINIUMS, AND THOSE
4:09:42PM KIND OF FEES AND THINGS LIKE THAT, I JUST DON'T THINK THAT
4:09:45PM IS A SAFE ROUTE FOR US TO TAKE AT THIS TIME.
4:09:49PM >>GUIDO MANISCALCO: YES, SIR.
4:09:50PM YES, MA'AM.
4:09:51PM >>LYNN HURTAK: I WANTED TO MENTION ONE THING ABOUT THAT.
4:09:54PM HABITAT FOR HUMANITY ACTUALLY HAS A PROGRAM FOR THAT.
4:09:58PM THEY BUILT SOME -- I WANT TO SAY IT WAS CALLED CURIOSITY
4:10:02PM CREEK.
4:10:02PM MAYBE I'M GETTING THAT NAME WRONG.
4:10:04PM WHERE IT WAS A GROUP OF HOUSES THAT WAS UNDER HOA.
4:10:10PM NOT ONLY DO THEY HAVE TO PUT IN THE EQUITY THAT THEY
4:10:12PM NORMALLY DO FOR HABITAT FOR HUMANITY, THEY ALSO HAD TO GO
4:10:15PM THROUGH HOA CLASSES BECAUSE THEY ARE ALL GOING TO HAVE TO
4:10:17PM SHARE IN THE HOA BECAUSE OF HOW THAT DEAL WAS STRUCTURED.
4:10:23PM SO I DO BELIEVE THAT THERE ARE THINGS, THERE ARE RESOURCES
4:10:27PM THAT WE CAN USE TO HELP PEOPLE NAVIGATE THAT.
4:10:31PM WHILE I ALSO SHARED YOUR CONCERN, I DO BELIEVE IT'S AN AREA
4:10:37PM THAT WE CAN LEARN MORE ABOUT BEFORE PUTTING THE KIBOSH ON
4:10:41PM ANYTHING.
4:10:41PM >>GUIDO MANISCALCO: YES, SIR, MR. DRUMGO.
4:10:43PM GO AHEAD, SIR.
4:10:45PM >>ALIS DRUMGO: YES, ON THE COMMUNITY LAND TRUST.

4:10:47PM OUR HOUSING AND COMMUNITY DEVELOPMENT TEAM THEY HAVE A
4:10:52PM TOOLBOX FOR HOUSING DEVELOPMENT AND IT INCLUDES AN ARRAY OF
4:10:57PM PROGRAMS.
4:10:57PM DIRECTOR HENDERSON, SHE MENTIONED A FEW OF THOSE BETWEEN
4:11:00PM OWNER OCCUPIED REHAB AND THE DARE, DOWN PAYMENT ASSISTANCE
4:11:04PM PROGRAM.
4:11:05PM ON TOP OF ALL THAT, YOU HEARD ABOUT THE CHALLENGES THAT WE
4:11:08PM FACE IN ATTEMPTING TO RECYCLE SUBSIDY, THAT THROUGH VARIOUS
4:11:12PM PROGRAMS.
4:11:13PM YOU ALSO HEARD ABOUT HOW DIFFICULT IT IS TO QUALIFY PEOPLE
4:11:17PM AT OR BELOW 50% AMI FOR MORTGAGES.
4:11:20PM SO WHEN YOU THINK ABOUT THAT REAL GAP AND HOW WE'RE
4:11:25PM ADJUSTING PROGRAMMATICALLY TO MEET THE NEEDS AND THINK ABOUT
4:11:28PM THE 50% AMI WHERE THOSE RESIDENTS DON'T REALLY HAVE AN
4:11:33PM OPPORTUNITY TO PURSUE HOME OWNERSHIP.
4:11:35PM THERE ARE CHALLENGES ON THE BORROWING OF MONEY.
4:11:39PM REALLY, THERE IS A LOOK OF INTERMEDIATE STEP IN BETWEEN
4:11:42PM RENTING AND OWNING.
4:11:43PM SO AS A PART OF THIS WHOLE IMPLEMENTATION PLAN, WE'RE
4:11:46PM PROPOSING A COMMUNITY LAND TRUST.
4:11:48PM I'M GOING TO TRY TO GO VERY SLOW FOR THOSE WHO ARE WATCHING
4:11:50PM AND THEN ALSO TRY NOT TO GET TOO TECHNICAL.
4:11:54PM I'LL CONTINUE TO REFER TO THE COMMUNITY LAND TRUST AS CLT
4:11:57PM FROM HERE ON OUT IN THE PRESENTATION.
4:11:59PM IF YOU ARE NOT FAMILIAR WITH WHAT A CLT DOES AND HOW IT

4:12:03PM OPERATES, WE CREATED A SHORT INFORMATIONAL VIDEO.
4:12:06PM IT'S ABOUT TWO MINUTES OR SO.
4:12:07PM I'LL PLAY THE VIDEO.
4:12:08PM I HOPE THE AUDIO WORKS.
4:12:11PM IF IT DOESN'T, I'M GOING TO MAKE IT WORK.
4:12:14PM LOOK AT THAT.
4:12:19PM THE AUDIO IS NOT WORKING.
4:12:21PM LET'S SEE.
4:12:24PM >>GUIDO MANISCALCO: WE HAVE SUBTITLES.
4:12:28PM >>ALIS DRUMGO: THAT'S ALL RIGHT.
4:12:30PM WE'LL MAKE IT HAPPEN.
4:12:31PM IT'S NOT WORKING FOR ME AND IT WAS WORKING EARLIER.
4:13:22PM I'LL TALK YOU THROUGH IT A LITTLE BIT AS THE VIDEO PLAYS IN
4:13:28PM THE BACKGROUND.
4:13:29PM >>LYNN HURTAK: CAN WE SEE IF T AND I CAN FIX IT?
4:13:33PM IT IS ON YouTube THAT YOU CAN PULL IT UP?
4:13:37PM >>ALIS DRUMGO: IT IS ON YouTube.
4:13:38PM BUT I CAN TALK YOU THROUGH IT, THOUGH.
4:13:41PM SO IN SHORT, HOUSING IS BECOMING LESS AFFORDABLE FOR OUR
4:13:53PM RESIDENTS.
4:13:54PM HOME OWNERSHIP IS LESS ATTAINABLE.
4:13:55PM YOU SEE THE NUMBERS THERE WHERE THOSE HOME PRICES, MEDIAN
4:13:59PM HOME PRICES ARE ABOVE $400,000.
4:14:01PM THE HOMES NEED TO EARN VIRTUALLY TWICE THAT OR THOSE DEALS
4:14:06PM REQUIRE $200,000 OR SO --

4:14:08PM >>LYNN HURTAK: CAN WE WATCH AND READ AND THEN LET YOU
4:14:10PM EXPLAIN?
4:14:12PM >>ALIS DRUMGO: SURE.
4:14:12PM >> IF THAT'S WHAT IT IS, IF YOU CAN GO BACK AND LET US READ
4:14:16PM IT.
4:16:11PM >>ALIS DRUMGO: ALL RIGHT.
4:16:12PM I'LL SPEAK TO THIS HERE IN A SECOND.
4:16:16PM GIVE ME ONE MOMENT.
4:16:20PM WE'LL SHARE THE LINK POST-MEETING SO FOLKS CAN GO IN AND GET
4:16:24PM A GLIMPSE OF THE VIDEO WE CREATED HERE.
4:16:26PM CONCEPTUALLY, WITH THE CLT, AS A TOOL, AS A MECHANISM IT
4:16:31PM PREVENTS THE RAPID INCREASES IN PRICES BECAUSE THE COST OF
4:16:34PM THE LAND IS SUBTRACTED FROM THE OVERALL PRICE.
4:16:37PM SO THAT SUBSIDY IS LOCKED INTO THAT HOME.
4:16:40PM THE FAMILY WOULD THEN PAY A SMALL NOMINAL PRICE IN A GROUND
4:16:45PM LEASE FEE TO THE CLT.
4:16:47PM AND THEN THE OTHER MONIES THAT WE WOULD BE UTILIZING FOR
4:16:50PM SUBSIDY CAN BE SPREAD AROUND THROUGHOUT MORE USERS.
4:16:55PM OUR GOAL TO CREATE THE SHARED EQUITY MODEL WOULD THEN HELP
4:16:58PM MORE FAMILIES AND THAT'S HOW WE VIEW THE CLT.
4:17:01PM JUST LOOKING AT THIS, THE VIDEO SAID IT, TALKING ABOUT THE
4:17:06PM MISSING RUNG IN THE LADDER OF HOME OWNERSHIP AFFORDABILITY.
4:17:11PM THE WHOLE TRADITIONAL MINDSET OF FOLKS BEING ABLE TO SAVE
4:17:14PM MONEY AND GOING FROM THAT RENTING TO THE FEE SIMPLE HOME
4:17:18PM OWNERSHIP THROUGH HARD WORK AND FINANCIAL PLANNING IS

4:17:21PM BECOMING LESS AND LESS ATTAINABLE FOR PEOPLE.
4:17:23PM WHEN YOU LOOK AT OUR RENTAL MARKET IN THE MOST RECENT YEARS,
4:17:29PM LOOKING AT THE BOTTOM OF THIS LADDER, WE KNOW THAT FOLKS
4:17:32PM HAVE SAFE HOUSING.
4:17:33PM WE KNOW THAT IT IS AFFORDABLE AT TIMES, BUT THE REALITY IS
4:17:39PM THAT WE'VE HAD THE FLUCTUATION IN THE RENTAL PRICES IN THE
4:17:43PM MARKET THAT HAVE NOT ALLOWED FOR FINANCIAL GAIN FOR FOLKS TO
4:17:46PM MOVE ON AND REALLY NO RETURN ON THE INVESTMENT FROM RENTING.
4:17:50PM SO WHEN WE THINK ABOUT THAT VOLATILITY OF THE MARKET, THOSE
4:17:54PM MARKET ESCALATIONS, THAT'S SOMETHING THAT WE'VE WITNESSED
4:17:57PM TIME AND TIME AGAIN HERE FOR OUR RESIDENTS.
4:18:00PM WE JUST STARTED TO SEE THOSE RENTAL RATES STABILIZE SINCE
4:18:04PM COVID.
4:18:05PM WE STILL HAVE THAT STEADY IMMIGRATION OF RESIDENTS.
4:18:11PM THE POPULATION INCREASED SOME 15% SINCE 2010.
4:18:15PM WE DO SEE THE CLT AS AN OPPORTUNITY HERE.
4:18:20PM WE DO CERTAINLY WANT TO MOVE RESIDENTS TO FEE SIMPLE HOME
4:18:24PM OWNERSHIP MODEL, BUT WE THINK THE CLT CAN HELP US GET THERE.
4:18:27PM IN FACT, TWO-THIRDS OF THE CLT RESIDENTS END UP PURCHASING A
4:18:31PM HOME FEE SIMPLE. SO THIS HELPS US CREATE THAT MEANS OF
4:18:34PM GETTING PEOPLE OUT OF A PERPETUAL CYCLE OF RENTING.
4:18:38PM WITHOUT THAT MIDDLE RUNG IN THIS LADDER, LESS AND LESS
4:18:43PM RESIDENTS WILL GET TO THAT EQUITY MODEL THAT YOU WANT TO
4:18:47PM SEE.
4:18:47PM WITH THAT, WE THINK THAT IT OFFERS THE OPPORTUNITY TO BUILD

4:18:53PM THAT EQUITY.
4:18:54PM IT IS THAT MISSING INTERIM STEP FOR THOSE WHO CANNOT
4:18:57PM PURCHASE A FEE SIMPLE HOME OUTRIGHT.
4:18:59PM AND WE WANT TO MAKE SURE THAT THE HOME IT PROVIDES A FAIR
4:19:03PM RETURN ON THAT INVESTMENT FOR BUYERS.
4:19:04PM IT HELPS STABILIZE THOSE MONTHLY PAYMENTS SO THAT FEE SIMPLE
4:19:08PM HOME OWNERSHIP IS ACHIEVABLE.
4:19:10PM ALSO MEANS OF INHERITANCE BUILT INTO THE CLT AS WELL.
4:19:14PM SO IT'S SOMETHING THAT YOU CAN STILL PASS ALONG TO A FAMILY
4:19:18PM MEMBER PROVIDING FOR THAT GENERATIONAL WEALTH.
4:19:20PM WHAT COULD IT LOOK LIKE?
4:19:25PM WHAT COULD A CITY-OPERATED CLT LOOK LIKE?
4:19:28PM WELL, OUR MODEL WOULD BE PLEASE DON'T GET HUNG UP ON THE
4:19:32PM SLIDE.
4:19:33PM THERE IS A FUNDING TARGET THERE.
4:19:34PM IT'S STARING US IN THE FACE.
4:19:37PM I'LL SPEAK TO THAT FIRST AND SAY THERE'S NO MONEY IN THE
4:19:40PM EXISTING BUDGET FOR THE CLT.
4:19:42PM WE DID THAT INTENTIONALLY.
4:19:45PM ALL OF THE ALLOCATIONS, THE EXPENDITURES TODAY THAT YOU SAW
4:19:49PM MINUS THE CLT BECAUSE THIS IS SOMETHING THAT WE FELT LIKE IT
4:19:52PM NEEDED TO BE DISCUSSED BEFORE THE COUNCIL FIRST AND WE
4:19:56PM WANTED TO MAKE SURE THAT YOU ALL WERE SUPPORTIVE OF US GOING
4:19:59PM FORWARD ON THIS BECAUSE THERE ARE SO MANY STEPS TO GETTING
4:20:02PM THERE THAT WE CAN'T RISK SETTING UP A CLT THAT WON'T GET

4:20:05PM FUNDED.
4:20:06PM BUT THE FUNDING TARGET FOR US IS $5 MILLION NUMBER.
4:20:11PM THE STRATEGY HERE IS TO SET UP A SEPARATE 501(C)(3), SO IT
4:20:16PM WOULD BE A NONPROFIT.
4:20:17PM IT WOULD BE INCUBATED IN THE CITY, HOUSED WITH OUR COMMUNITY
4:20:20PM DEVELOPMENT TEAM.
4:20:21PM AND AGAIN, THAT INITIAL BUDGET WOULD BE $5 MILLION.
4:20:24PM AND THAT REQUEST WOULD BE TO PROVIDE CONTINUAL FUNDING FOR
4:20:29PM THE FIRST FEW YEARS AND LOOKING AT THREE TO FIVE-YEAR PLAN
4:20:33PM FOR THE CLT TO BECOME AN INDEPENDENT ENTITY, SEPARATE AND
4:20:36PM APART FROM THE CITY.
4:20:37PM WE WOULD WANT THAT SUPPORT FROM THE CITY UNTIL THAT CLT CAN
4:20:43PM SPIN OFF AND STAND ON ITS OWN WITH DEDICATED STAFF AND ITS
4:20:46PM OWN EXECUTIVE DIRECTOR.
4:20:47PM THE CITY IS CURRENTLY DRAFTING THE BYLAWS AND ARTICLES OF
4:20:52PM INCORPORATION.
4:20:52PM WE DO HAVE EXTERNAL LEGAL COUNSEL SUPPORTING ON THIS AS WELL
4:20:57PM AS INTERNAL COUNSEL, ATTORNEY JOHNS.
4:21:01PM ALSO THE FLORIDA HOUSING COALITION, EXPERTS AT CLTs.
4:21:04PM MATTHEW WYMAN IS HERE WITH US TODAY AND ALSO AVAILABLE FOR
4:21:08PM Q & A ON THE BACK END.
4:21:09PM THE WAY IT WOULD WORK BETWEEN THE CITY AND THE CLT IT WOULD
4:21:13PM BE CONSIDERED A SEPARATE ENTITY, THE 501(C)(3) AND THE CITY
4:21:17PM WOULD HAVE AN OPERATING AND MANAGEMENT AGREEMENT WITH THE
4:21:19PM CLT.

4:21:20PM IT WOULD HAVE METRICS AND GOALS, PROVISIONS FOR THE GROUND
4:21:22PM LEASE PAYMENTS WITHIN THAT AGREEMENT.
4:21:27PM IN ADDITION, THE CITY WOULD BE ABLE TO CONTRIBUTE UP FRONT
4:21:29PM TO WHAT THE USE RESTRICTIONS WOULD BE.
4:21:32PM WE ALREADY TALKED THROUGH A RESALE FAMILY TO MAXIMIZE THE
4:21:37PM EQUITY IN THE HOME SALE SO THAT IT'S SOMETHING THAT IS
4:21:42PM BENEFICIAL TO THOSE BUYERS.
4:21:44PM AGAIN, HAVING THIS INITIAL STRUCTURE WOULD ALLOW THE CITY TO
4:21:49PM CONTINUE WITH ITS INFILL PROGRAM WHILE ALSO CULTIVATING
4:21:52PM PARTNERSHIPS THROUGH DIRECT DEVELOPMENT, CONSTRUCTION OF
4:21:55PM UNITS WITH PRIVATE DEVELOPERS.
4:21:57PM I KNOW THAT IN SOME OF THE COUNCIL CONVERSATIONS, COUNCILMAN
4:22:00PM MIRANDA HAS SAID, WHY DON'T WE BUILD THEM OURSELVES?
4:22:03PM WHY AREN'T WE BEING MORE PROACTIVE WITH THIS?
4:22:06PM I THINK THAT HAVING A CLT GIVES YOU THAT OPPORTUNITY TO DO
4:22:09PM THAT, TO EXPAND ON YOUR CAPACITY TO DO IT AS A CITY.
4:22:14PM THE OTHER PIECE OF THIS, YOU HEARD SOME OF THE COMMUNITY
4:22:19PM MEMBERS COME IN AND SAY WE NEED TO EXPAND AND LEAN INTO OUR
4:22:22PM OTHER NONPROFIT ENTITIES.
4:22:24PM GUESS WHAT, THERE AREN'T A TON OF LAND TRUSTS IN THE BAY
4:22:28PM AREA.
4:22:29PM WE CAN ACTUALLY PERFECT THE MODEL.
4:22:31PM WE CAN TEACH SOME OF THE OTHER NONPROFITS.
4:22:33PM WE CAN SHOW THEM HOW TO DO THIS SO THEY CAN HAVE THE
4:22:36PM CAPACITY TO CREATE THEIR OWN LAND TRUST.

4:22:38PM YOU THINK ABOUT VERY WELL PERFORMING CDCs IN THE AREA, UA
4:22:44PM CDC, THEY CAN CREATE THEIR OWN LAND TRUST AND HOW TO SET
4:22:49PM THEM UP.
4:22:49PM WE THINK SOME OF THE OTHER COMMUNITY BASED ORGANIZATIONS CAN
4:22:55PM ADOPT SO THAT WE CAN HAVE MORE PERMANENT AFFORDABLE HOUSING.
4:22:58PM SO LOOKING AT THIS, YOU MAY BE THINKING TO YOURSELF, WHAT
4:23:03PM DOES THIS REALLY LOOK LIKE TO SET IT UP.
4:23:05PM AGAIN, I'VE GONE THROUGH THE ENTIRETY OF GENERALLY HOW IT
4:23:10PM WOULD OPERATE.
4:23:12PM REALLY TWO STEPS TO SUSTAINABILITY, THINKING ABOUT FROM
4:23:15PM CREATION TO IMPLEMENTATION BUT THEN ALSO BEYOND THAT IN ITS
4:23:19PM PHASE OF BEING OUT ON ITS OWN AND DOING ITS OWN THAT'S WHAT
4:23:24PM WE WANT TO GET TO.
4:23:25PM I THINK I MENTIONED HOW IT WOULD BE SET UP AND HOUSED WITHIN
4:23:31PM THE COMMUNITY DEVELOPMENT DEPARTMENT SUBJECT TO THAT
4:23:33PM OPERATING AGREEMENT, WHICH WOULD HAVE TO BE APPROVED BY THIS
4:23:35PM COUNCIL.
4:23:36PM WE WOULD HAVE AN INITIAL BOARD OF FIVE MEMBERS.
4:23:39PM AND THEN ULTIMATELY THAT WOULD EXPAND.
4:23:42PM BUT WE WOULD BE LOOKING FOR SIMILAR SETUP THAT WE HAVE WITH
4:23:45PM OUR AHAC WHERE YOU'VE GOT SUBJECT MATTER EXPERTS AS MEMBERS
4:23:49PM OF THAT INITIAL BOARD.
4:23:51PM SO THAT'S FIVE INITIAL MEMBERS.
4:23:54PM AGAIN, WE WOULD LOOK TO GET THE CLT TO A CONTINUATION PHASE.
4:23:59PM ONCE IT MEETS THE METRICS THAT ARE DEFINED IN THAT OPERATING

4:24:02PM AND MANAGEMENT AGREEMENT.
4:24:04PM SO, AGAIN, COUNCIL WILL APPROVE THAT AGREEMENT.
4:24:07PM THE METRICS WITHIN THAT AGREEMENT.
4:24:11PM THE CLT DOES NOT MOVE TO INDEPENDENCE UNTIL IT HITS THOSE
4:24:16PM METRICS, UNTIL IT IS AGREED UPON THAT THEY ARE ABLE TO
4:24:20PM MANAGE ITS OWN ASSETS.
4:24:22PM THEY HAVE A STRATEGIC PLAN.
4:24:23PM THEY HAVE A FUND-RAISING PLAN WITH WORKING CAPITAL AND THEN
4:24:26PM WE WOULD BE ABLE TO EITHER MODIFY OR ELIMINATE THAT
4:24:29PM AGREEMENT TO SEPARATE THE CLT AND ALLOW IT TO GO OUT ON ITS
4:24:34PM OWN AS A COMPLETELY SEPARATE ORGANIZATION WITHOUT THE CITY'S
4:24:39PM SUPPORT OR WITH LIMITED SUPPORT FROM THE CITY.
4:24:41PM AT THAT TIME, WHEN WE MOVE THE CLT TO CONTINUATION PHASE, WE
4:24:44PM WILL BE LOOKING TO EXPAND THAT BOARD TO A TOTAL OF SEVEN
4:24:48PM MEMBERS.
4:24:48PM THOSE FINAL TWO MEMBERS WOULD BE MEMBERS OF YOUR CRA, YOUR
4:24:52PM DIRECTOR OF THE CRA AND A MEMBER OF HCD, YOUR DIRECTOR OF
4:24:56PM HCD, SO THAT THE CITY CAN CONTINUE TO INFLUENCE THE
4:25:00PM DIRECTION OF THE CLT.
4:25:02PM SO THIS WAS VERY WELL THOUGHT IN CONSIDERATION FOR THE
4:25:06PM CITY'S ASSETS IN CONSIDERATION FOR THE DOLLARS THAT WOULD BE
4:25:10PM INVESTED IN THE CLT AS WELL AS HAVING VOICES AT THE TABLE
4:25:14PM THAT ARE REPRESENTATIVE BOTH THE ADMINISTRATION AND THE
4:25:17PM COUNCIL OVER A LONG TERM.
4:25:18PM I MENTIONED THAT FIVE-YEAR PROCESS TO POTENTIAL

4:25:23PM SUSTAINABILITY, WHAT YOU SEE HERE.
4:25:25PM >>CHARLIE MIRANDA: MAY I ASK A QUESTION BEFORE YOU GO ANY
4:25:28PM FURTHER?
4:25:28PM I DON'T KNOW MUCH ABOUT THE CLT OR COMMUNITY LAND TRUST.
4:25:33PM I DON'T THINK TOO MANY PEOPLE LISTENING TO US ON RADIO, TV,
4:25:37PM WHATEVER FORM, INTERNET, WHATEVER, KNOWS AS MUCH AS YOU DO.
4:25:41PM WHEN YOU GIVE AN EXAMPLE OF A SMALL FEE, WHAT IS A SMALL FEE
4:25:49PM COMPARED TO THE PAYMENT?
4:25:50PM WHEN THE PROPERTY APPRAISER DOES TAX VALUATION, IS HE TAXING
4:25:56PM THE HOUSE AND LAND OR JUST THE LAND AND THE HOUSE PAID BY
4:25:59PM SOMEBODY ELSE?
4:25:59PM IS THAT COVERED IN THE SMALL FEE THAT HE'S PAYING?
4:26:02PM I DON'T KNOW.
4:26:04PM WHAT HAVE WE DONE, SURE THE GENTLEMAN BEHIND YOU WILL ANSWER
4:26:09PM THE QUESTION.
4:26:10PM HE'S WITH THAT GROUP THAT DOES SOME OF THE FINANCING, HAVE
4:26:13PM WE DONE ANY DUE DILIGENCE TO COMPARE WITH THESE CLTs OR
4:26:17PM COMMUNITY LAND TRUSTS HAVE BEEN GOING ON FOR CERTAIN PERIOD
4:26:21PM OF TIME.
4:26:21PM HAVE WE COMPARED THAT TO ONE WITHOUT ONE AND HOW THEY
4:26:26PM MEASURE WITH EACH OTHER AS FAR AS THE ABILITY TO PAY.
4:26:29PM IF YOU ONLY OWN THE HOUSE AND DON'T OWN THE LAND, WHAT IF
4:26:34PM ANY DIFFICULTIES COULD HAPPEN IN A LAWSUIT OR SOMETHING OF
4:26:36PM THAT NATURE.
4:26:38PM I DON'T KNOW.

4:26:38PM 50% OF ALL FORECLOSURES DONE IN THE CITY OF TAMPA, WHEN I
4:26:44PM READ, LIKE -- IN THE TRILINGUAL NEWSPAPER, HOMEOWNER
4:26:50PM ASSOCIATION AGAINST HOMEOWNERS.
4:26:51PM THAT'S WHY I WANT TO FIND OUT WHAT'S GOING ON HERE.
4:26:56PM >>ALIS DRUMGO: I'LL STEP ASIDE AND LET MATTHEW TALK ABOUT
4:26:59PM THE FEES AND HOW THOSE ARE STRUCTURED.
4:27:01PM I'LL ANSWER A COUPLE OF YOUR QUESTIONS HERE.
4:27:03PM THE INTENT OF THE CLT IS NOT TO EVICT FOLKS.
4:27:07PM I THINK THAT'S NUMBER ONE.
4:27:08PM BUT THEN THE OTHER IS, I THINK YOU MENTIONED -- EXCUSE ME,
4:27:13PM WHERE YOU WERE TALKING ABOUT -- I'M BLANKING A LITTLE BIT
4:27:17PM HERE.
4:27:18PM BUT THE LAST PART OF WHAT YOU JUST SAID ABOUT THE CLT.
4:27:23PM CAN YOU REPEAT THAT FOR ME?
4:27:25PM >>CHARLIE MIRANDA: HAVE WE DONE ANY DUE DILIGENCE, CLT GOING
4:27:30PM ON FOR SOME PERIOD OF TIME COMPARED TO ONE THAT HAS NOT AND
4:27:33PM WHAT IS THE RESULT OF BOTH OF THEM AS FAR AS LEGAL
4:27:35PM OBLIGATIONS TO THE TAXPAYERS?
4:27:36PM >>ALIS DRUMGO: THE CLTs, THE DUE DILIGENCE, WE HAVE DONE A
4:27:42PM LOT OF THAT.
4:27:43PM BETWEEN MYSELF AND MICHELLE BOONE SPENDING TIME WHO WORKS
4:27:48PM WITH KAYON IN HER OFFICE, SPENT A LOT OF TIME GOING THROUGH
4:27:51PM COMPARABLE CLTs, ALSO MEETING WITH OTHER CLT PROFESSIONALS
4:27:55PM TO TALK THROUGH HOW THEY OPERATE, TALKING TO SOME CLTs
4:27:59PM THAT ONLY DO MULTIFAMILY VERSUS SINGLE-FAMILY AND WHAT THOSE

4:28:03PM COMPARISONS ARE.
4:28:04PM AGAIN, PUTTING THIS TOGETHER, WE LOOKED AT ALL THE RISKS AND
4:28:07PM WE ALSO LOOKED AT THE RISK WITH THE ASSETS, WHICH IS WHY
4:28:11PM WHEN YOU MENTIONED, YOU SAY WHAT COULD POSSIBLY HAPPEN.
4:28:14PM YEAH, WE COULD GET INTO A TIF WITH OUR OWN CLT AND END UP IN
4:28:19PM A LAWSUIT IF WE DON'T GO ABOUT ESTABLISHING WHAT HAPPENS
4:28:23PM WITH THE ASSETS SHOULD THE CLT DISSOLVE.
4:28:25PM THESE ARE ALL THINGS THAT ARE PROVISIONS THAT ARE BUILT INTO
4:28:28PM OUR OPERATING AGREEMENT THAT WE WILL VET AND BRING THAT
4:28:31PM FORWARD.
4:28:33PM >>CHARLIE MIRANDA: IS THE CLT AN INDIVIDUAL OR COMPANY?
4:28:35PM I DON'T KNOW.
4:28:37PM >>ALIS DRUMGO: IT'S A NONPROFIT ENTITY.
4:28:40PM IT'S A NONPROFIT ENTITY AND IT WILL HAVE ITS OWN STAFF.
4:28:44PM WHEN YOU SAY IT'S EFFECTIVELY GOING TO BE ABLE TO GENERATE
4:28:47PM REVENUE THROUGH THOSE LEASES.
4:28:49PM SO THAT'S HOW IT RECEIVES ITS DOLLARS IS THROUGH THE LAND
4:28:53PM LEASES WITH THE TENANTS.
4:28:56PM ALSO, THERE ARE OTHER WAYS TO SUBSIDIZE AND FINANCE
4:28:59PM COMMUNITY LAND TRUST AS WELL.
4:29:01PM >>CHARLIE MIRANDA: I'M A NUMBER GUYS.
4:29:02PM STILL HAVEN'T RECEIVED ONE NUMBER.
4:29:04PM WHAT IS THE AMOUNT OF THE VALUE OF THE CLT VERSUS A HOUSE?
4:29:08PM >>ALIS DRUMGO: I'LL LET --
4:29:10PM >>CHARLIE MIRANDA: LAND VERSUS THE BUILDING.

4:29:12PM >>ALIS DRUMGO: I'LL LET MATTHEW TOUCH ON THAT A LITTLE BIT.
4:29:15PM >> TO START TO ANSWER YOUR QUESTION -- MATTHEW WYMAN,
4:29:19PM FLORIDA HOUSING COALITION.
4:29:22PM GROUND --
4:29:23PM >>GUIDO MANISCALCO: YOUR LEGAL NAME.
4:29:24PM >> MATTHEW WYMAN.
4:29:25PM I'M SORRY.
4:29:27PM WE CROSSED PATHS.
4:29:28PM ABOUT 50 TO 60 DOLLARS IS THE COST OF A GROUND LEASE FEE.
4:29:34PM THAT'S ABOUT THE TYPICAL AMOUNT WHERE A GROUND LEASE IS
4:29:36PM BEING ENTERED IN CURRENTLY.
4:29:38PM IN THE PAST, A LOT OF THE MORE ESTABLISHED CLTs WERE
4:29:42PM ESTABLISHED RIGHT BEFORE THE FALLOUT AND THE GREAT
4:29:45PM RECESSION.
4:29:46PM SO IN THE 2000s, THOSE GROUND LEASE FEES WERE DOWN IN THE
4:29:51PM 20s, 30s, 40s.
4:29:52PM NATURALLY THE AMOUNTS HAVE INCREASED.
4:29:54PM AS I MENTIONED, 50 TO 60s, WHAT YOU'RE LOOKING AT ABOUT
4:29:57PM NOW FOR THOSE LEASES THAT ARE STARTING UP TO I'VE SEEN
4:30:00PM AROUND A HUNDRED DOLLARS A MONTH.
4:30:03PM >>CHARLIE MIRANDA: 700, 800 DOLLARS A YEAR?
4:30:07PM >> A HUNDRED WOULD BE 600 A YEAR, BUT THAT'S TOP END.
4:30:13PM THAT'S LIKE SOUTH FLORIDA, MIAMI.
4:30:16PM >>CHARLIE MIRANDA: TAMPA WILL BE THERE PRETTY SOON.
4:30:18PM WE'RE RIGHT BEHIND MIAMI.

4:30:24PM WHAT CONCERNS ME IS I DON'T KNOW ENOUGH ABOUT IT, NUMBER
4:30:26PM ONE.
4:30:27PM NUMBER TWO, IS THIS A FEDERAL PROGRAM WHERE INDIVIDUALS
4:30:31PM CREATED THIS COMPANY?
4:30:32PM >> NONPROFIT ORGANIZATION.
4:30:34PM TYPICALLY A COMMUNITY BASED ORGANIZATION.
4:30:37PM MANY CLTs HAVE SPAWNED OUT OF LOCAL GOVERNMENT SUPPORT.
4:30:41PM I THINK THE MODEL THAT'S BEFORE YOU TODAY, SIR, IS MOST
4:30:45PM CLOSELY RELATED TO THE CITY OF DELRAY BEACH WHERE THEY
4:30:48PM ESTABLISHED THEIR CLT THROUGH THEIR CRA.
4:30:52PM AND THEIR CRA ACTUALLY STAFFED IT IN THE EARLY BEGINNINGS
4:30:56PM AND FUNDING AND LAND WAS PROVIDED TO THE CLT VERY SIMILAR IN
4:31:00PM THE WAY THAT YOUR STAFF IS PRESENTING.
4:31:03PM IT'S STILL A SUCCESSFUL CLT.
4:31:05PM IT MANAGES PROPERTIES.
4:31:07PM IT OWNS OVER A HUNDRED UNITS.
4:31:11PM IT'S ONE OF THE MORE WELL ESTABLISHED ORGANIZATIONS THAT WE
4:31:13PM HAVE IN THE STATE OF FLORIDA.
4:31:15PM >>CHARLIE MIRANDA: I'M EVEN GETTING MORE CONFUSED, NOT A
4:31:18PM LITTLE BIT.
4:31:19PM I WAS BORN IN YBOR CITY BUT I THINK LIKE MISSOURIANS.
4:31:23PM HARD AS A MULE, I GUESS.
4:31:25PM WHAT GETS ME IS THAT IF IT IS A GOVERNMENT ENTITY THAT
4:31:31PM STARTED THE WHOLE THING, WHY DOESN'T THE SAME GOVERNMENT
4:31:35PM ENTITY TO DO TO THE CLT INDIVIDUAL THAT OWNS THE HOUSE.

4:31:43PM EASIER TO UNDERSTAND AND REALIZE IT WILL BE SUCCESSFUL.
4:31:45PM THAT'S ALL I'M ASKING YOU.
4:31:47PM >> OKAY.
4:31:47PM VERY GOOD.
4:31:48PM ONE OF THE MORE UNIQUE AND IMPORTANT COMPONENTS OF A CLT IS
4:31:51PM ITS STEWARDSHIP COMPONENT.
4:31:55PM WE'RE TALKING ABOUT AN ORGANIZATION OF INDIVIDUALS WHO
4:31:57PM LIKELY ARE PART OF THAT COMMUNITY COMING ALONGSIDE AND
4:32:01PM PARTNERING WITH THOSE TENANTS, PARTNERING WITH THOSE
4:32:04PM HOMEOWNERS TO HELP IMPROVE OUTCOMES, TO HELP RENTERS
4:32:09PM POSSIBLY MAYBE MOVE TO FEE SIMPLE OR MOVE TO CLT HOME
4:32:13PM OWNERSHIP, TO HELP CLT OWNERS MOVE TO FEE SIMPLE.
4:32:17PM IT IS TRUE THAT THEY MAY NOT SEE THE FULL APPRECIATION, BUT
4:32:20PM IN EXCHANGE FOR THAT APPRECIATION THAT THEY DON'T SEE, THEY
4:32:25PM ARE SEEING A WELL BELOW MARKET PURCHASE PRICE THAT THEY ARE
4:32:30PM ABLE TO SEE AND AFFORD NOW WHILE OPENING UP UNITS THAT MAY
4:32:36PM BE IN THE RENTAL MARKET RIGHT NOW FOR SOMEONE WHO CAN AFFORD
4:32:40PM TO PURCHASE CLT BUT MAYBE THEY ARE NOW ABLE TO AFFORD THAT
4:32:43PM UNIT THAT THAT PERSON OR THAT HOUSEHOLD MOVED OUT OF.
4:32:47PM YOU HAVE A CHASM BETWEEN RENTING AND FEE SIMPLE.
4:32:50PM WE ALL UNDERSTAND THAT.
4:32:52PM THIS IS A TOOL TO FILL THAT VOID AND ALSO PRESERVE YOUR
4:32:57PM INVESTMENT, WHAT YOU'VE BEEN TALKING ABOUT MOST OF THE DAY,
4:33:01PM TO ENSURE THAT IT STAYS AFFORDABLE.
4:33:04PM IF IT DOESN'T STAY AFFORDABLE, YOU CAN RECYCLE THAT MONEY

4:33:07PM BUT IT WON'T BE WORTH AS MUCH IN TEN YEARS AS IT IS RIGHT
4:33:11PM NOW.
4:33:11PM THAT MONEY APPRECIATES WITH THE HOME.
4:33:14PM >>CHARLIE MIRANDA: THE HOUSE DEPRECIATES.
4:33:18PM THE LAND IS THE ONE THAT APPRECIATES.
4:33:19PM >> THAT'S FINE.
4:33:20PM THE CLT WILL CONTINUE TO OWN IT.
4:33:22PM THE HOMEOWNER OWNS THE IMPROVEMENTS AND PAY THE LEASE FEE
4:33:28PM FOR THE USE OF THE LAND.
4:33:30PM >>CHARLIE MIRANDA: THINKING OF SOMEBODY WHO BUYS THE HOUSE,
4:33:32PM MAYBE IT'S ME.
4:33:33PM I'M USING ME AS AN EXAMPLE.
4:33:35PM I BUY A HOUSE AND DON'T TAKE CARE OF IT.
4:33:38PM HOUSE DEPRECIATED.
4:33:39PM LAND VALUE IN TEN YEARS GOES UP.
4:33:41PM BUT THE HOUSE, NOW THE LAND IS WORTH EQUAL TO OR MORE THAN
4:33:44PM THE HOUSE.
4:33:45PM WHAT HAPPENS THEN?
4:33:45PM LET'S SAY I LEAVE IT.
4:33:48PM LEAVE THE HOUSE THE WAY IT IS IN SHAMBLES.
4:33:51PM >> IDEALLY THE CLT WOULD HAVE FUNDS IN RESERVE TO REPAIR THE
4:33:54PM HOME AND SELL IT TO ANOTHER HOUSEHOLD AT AN AFFORDABLE
4:33:58PM PRICE.
4:33:58PM BECAUSE THE LAND IS NOT OWNED BY THE HOMEOWNER.
4:34:05PM THE LAND IS OWNED BY THE COMMUNITY THROUGH CLT.

4:34:08PM >>CHARLIE MIRANDA: -- PAYING LOT RENT BUT YOU OWN THE MOBILE
4:34:11PM HOME.
4:34:21PM >> IT IS.
4:34:21PM BUT I THINK YOU MIGHT CHOOSE A SITE-BUILT HOME OVER A MOBILE
4:34:26PM HOME, IF YOU HAD THE OPPORTUNITY.
4:34:30PM >>ALIS DRUMGO: I THINK WITH THE CLT, IT'S IMPORTANT TO
4:34:32PM UNDERSTAND THAT, AGAIN, IT'S A SEPARATE ENTITY.
4:34:35PM IT'S AN ORGANIZATION THAT'S GOING TO MANAGE AND OPERATE
4:34:37PM THOSE LAND LEASES AND MANAGE THAT PROCESS.
4:34:40PM SO I JUST WANT TO CONTINUE TO REITERATE THAT.
4:34:42PM THE GOAL IS TO ENSURE WITHIN THAT MANAGEMENT THAT THE
4:34:45PM PRODUCT REMAINS QUALITY, THAT THE HOUSES REMAIN QUALITY
4:34:48PM PRODUCTS.
4:34:48PM IT'S NOT TO ALLOW FOR IT TO DEPRECIATE AND END UP WITH MORE
4:34:52PM SLUM AND BLIGHT.
4:34:53PM THE GOAL IS TO CONTINUE TO MAKE SURE THAT THE PROPERTIES GET
4:34:56PM MANAGED ADEQUATELY.
4:34:57PM JUST TO TALK A LITTLE BIT ABOUT THE FIVE-YEAR PROGRAMMING OR
4:35:02PM POTENTIAL PRIORITIES, LOOKING AT FOR US WE NEED TO GO BACK
4:35:08PM AND LOOK AT ADDITIONAL FUNDING SOURCES BECAUSE YOU CAN
4:35:11PM UTILIZE SOME FEDERAL DOLLARS TO SUPPORT CLT AS WELL.
4:35:15PM AGAIN I MENTION YEARS ONE THROUGH FIVE FOR THIS.
4:35:23PM WE'RE LOOKING AT $5 MILLION FOR THE FIRST YEAR TO GO TOWARDS
4:35:27PM HOME OWNERSHIP OPPORTUNITIES THROUGH CREATION OF
4:35:29PM PRESERVATION OF UNITS AND THAT WILL BE WITHIN THE CLT.

4:35:33PM YEARS TWO AND THREE, NO DOLLAR VALUE.
4:35:36PM TBD FOR A REASON.
4:35:38PM THAT'S BECAUSE WE WANT TO MAKE SURE WE STEWARD THE IF I
4:35:41PM REMEMBER 5 MILLION WELL BUT ALSO BECAUSE AGAIN I MENTIONED
4:35:44PM WE WANTED TO HAVE POTENTIALLY UP TO 20 MILLION FOR THE FIRST
4:35:47PM FOUR TO FIVE YEARS.
4:35:48PM BUT WE WOULD BE EXPANDING TO PROVIDE THAT SINGLE-FAMILY HOME
4:35:51PM OWNERSHIP AFFORDABILITY GAP FUNDING.
4:35:56PM ALSO SUPPORT FOR DIRECT DEVELOPMENT ON PARCELS DONATED BY
4:35:59PM THE CITY FOR HOME OWNERSHIP.
4:36:01PM IT COULD BE THAT CATALYST WE NEED TO INCREASE DEVELOPMENT
4:36:03PM THROUGHOUT THE CITY AND THE CRA.
4:36:05PM AGAIN, THIS CAN RUN PARALLEL TO THE CITY'S INFILL
4:36:08PM DEVELOPMENT PROGRAM.
4:36:09PM I WANT YOU ALL TO KEEP IN MIND AS I TALK ABOUT THIS PIECE
4:36:14PM SPECIFICALLY AND THAT CATALYST FOR SOME OF YOUR
4:36:16PM REDEVELOPMENT AREAS, THE PEOPLE WHO WERE HERE EARLIER AND
4:36:19PM TALKING TO YOU ALL ABOUT THE TIME THAT IT'S TAKEN FOR THE
4:36:22PM CITY TO DEVELOP ON SOME OF THESE SITES AND I ADMIT I'VE BEEN
4:36:26PM PART OF THAT PROBLEM BECAUSE WHEN I GOT HERE A YEAR AND A
4:36:29PM HALF AGO, THE EFFORT WAS TO REALLY, WE WANT TO SEE THOSE GO
4:36:33PM INTO AN INFILL PROGRAM AND WE COULD DO THAT, BUT BY
4:36:37PM PRESERVING THEM AND POTENTIALLY PARTNERING WITH THE CLT, WE
4:36:41PM GET TO LOCK IN THAT AFFORDABILITY.
4:36:43PM WE GET TO LOCK IN THAT LAND VALUE SO WE CAN LEVERAGE THAT TO

4:36:47PM MAKE SURE WE CONTINUE TO SERVE THE COMMUNITY.
4:36:49PM IDEALLY WITH THE EXPANSION OF THIS PROGRAM, WE WOULD LIKE TO
4:36:56PM ALLOW FOR HOMEOWNERS TO OPT INTO THE CLT THROUGH RESIDENTIAL
4:37:01PM REHAB OR OTHERWISE.
4:37:02PM THIS WOULD PROVIDE AN OPPORTUNITY FOR THOSE COMMUNITY FOLKS
4:37:05PM WHO SAY THEY WOULD LIKE REPAIRS ON THEIR HOME TO JOIN THE
4:37:09PM CLT, TO BE A PART OF THE LAND TRUST, TO HAVE THAT PERMANENT
4:37:12PM AFFORDABILITY IN EXCHANGE FOR THOSE HOME IMPROVEMENTS AND
4:37:17PM JOIN IN THE LAND TRUST.
4:37:19PM IT WOULD ALSO ALLOW THE FOLKS TO AGE IN PLACE WHILE
4:37:22PM RETAINING THE OPPORTUNITY TO CONVEY THEIR PROPERTY THROUGH
4:37:24PM INHERITANCE.
4:37:26PM WE DO SEE THIS LAND TRUST AS A NEIGHBORHOOD STABILIZATION
4:37:30PM TOOL AND SEE IT AS A POTENTIAL COUNTER TO GENTRIFICATION.
4:37:33PM IN THE LAST FEW YEARS, YEARS FOUR AND FIVE WHEN THE CLT IS
4:37:39PM ABLE TO GO OUT ON ITS OWN WE WOULD EXPECT THE LAND TRUST TO
4:37:42PM BE ABLE TO GET INTO THAT DIRECT ACQUISITION OF MULTIFAMILY
4:37:45PM AND WITH THAT WOULD COME THE RESPONSIBILITY OF MANAGING
4:37:48PM THOSE MULTIFAMILY LEASES.
4:37:51PM WE ARE AT A VERY PIVOTAL POINT WITH THE CLT I CAN TELL YOU.
4:37:56PM WE'VE ALREADY GOT THE BYLAWS AND THE WHOLE GOVERNANCE PIECE.
4:38:00PM WE'VE GOT THAT LAID OUT AND WE THINK WE CAN CREATE SOMEWHAT
4:38:04PM OF AN OPERATING AND MANAGEMENT AGREEMENT AT THIS POINT TO
4:38:07PM START THE PROCESS BACK AND FORTH TO HAVE THE DISCUSSION WITH
4:38:09PM COUNCIL.

4:38:10PM WE REALLY NEED TO ESTABLISH, NEED TO INCORPORATE THE
4:38:13PM ARTICLES TO ESTABLISH A NOT-FOR-PROFIT AND START WITH THAT
4:38:15PM BOARD RECRUITMENT AND ASK YOU ALL FOR YOUR SELECTIONS AND WE
4:38:18PM NEED TO HIRE THE CLT COORDINATOR.
4:38:20PM THAT WOULD BE OUR ONLY REAL REQUEST ON THE FUNDING SIDE FOR
4:38:25PM WHERE WE ARE TODAY IN THE FISCAL CYCLE WE'RE IN.
4:38:27PM ALL THE OTHER DOLLARS WOULD COME IN '25 AND BEYOND.
4:38:29PM WE HAVE A SET OF RECOMMENDATIONS HERE.
4:38:35PM OBVIOUSLY, THERE'S NO VOTE ON THIS TODAY.
4:38:38PM BUT WE DO NEED THAT AFFIRMATION OF YOUR SUPPORT FOR THE CLT
4:38:43PM IN SOME WAY SO THAT WE CAN GO FORWARD AND CONTINUE TO MAKE
4:38:46PM THIS HAPPEN.
4:38:47PM I'M GOING TO STOP FOR QUESTIONS, BUT I DO WANT TO TOUCH ON A
4:38:50PM COUPLE OF THINGS THAT WERE SAID HERE BECAUSE THE CLT CAN'T
4:38:54PM BE SUCCESSFUL WITHOUT THE FUNDING.
4:38:56PM IT WOULD JUST BE AN ORGANIZATION THAT KIND OF SITS DORMANT.
4:39:00PM WHEN MR. SCAGLIONE WAS HERE AND HAD THE DISCUSSION BEFORE
4:39:03PM THE COMMUNITY BUDGET ADVISORY COMMITTEE AND HE SAID A COUPLE
4:39:06PM OF THINGS ABOUT LAND LEASES NOT WORKING.
4:39:09PM I MEAN, THEY WORK.
4:39:10PM I THINK MATTHEW HAS TOUCHED ON THAT A LITTLE BIT.
4:39:13PM THE LAND LEASES DO WORK IF THEY ARE DONE PROPERLY.
4:39:15PM BUT THE OTHER PIECE OF IT, HE TALKED ABOUT CREATING A
4:39:19PM SECOND-CLASS CITIZEN IN OUR CITY BECAUSE FOLKS WILL GO TO
4:39:22PM PROPERTY RECORDS AND SEE THAT OTHERS DON'T OWN THEIR LAND.

4:39:25PM BUT THE REALITY IS THAT THE FOLKS THAT WE'RE TRYING TO
4:39:27PM SERVE, I WOULD ARGUE THAT HOMELESSNESS IS WORSE THAN NOT
4:39:31PM BEING ABLE TO STABILIZE A FAMILY AND WORSE THAN NOT -- IT'S
4:39:37PM WORSE TO BE HOMELESS THAN TO NOT BE ABLE TO BUY INTO A CLT
4:39:41PM AND CREATE THAT EQUITY TO MOVE YOUR FAMILY IN A DIFFERENT
4:39:46PM DIRECTION.
4:39:47PM I'LL STOP THERE AND WE CAN GET INTO THE Q & A.
4:39:50PM >>GUIDO MANISCALCO: WITHOUT TAKING A FORMAL VOTE, I'LL SAY
4:39:53PM I'M SUPPORTIVE OF IT.
4:39:54PM BECAUSE COUNCILMAN MIRANDA, HE DID ASK A LOT OF QUESTIONS
4:40:00PM AND SPECIFICALLY WITH HOW MUCH DOES IT -- DOES A PERSON PAY.
4:40:06PM I THINK IT WAS LIKE A HUNDRED DOLLARS A MONTH TOWARDS --
4:40:10PM >>ALIS DRUMGO: BETWEEN 60 AND 100.
4:40:12PM >>GUIDO MANISCALCO: HUNDRED AT A MAXIMUM, CONSIDER HOA DUE,
4:40:19PM IT'S NOT HOA DUE BECAUSE YOU ARE IN A HOME.
4:40:21PM LIKE YOU SAID -- YOU MENTIONED SECOND-CLASS CITIZEN.
4:40:25PM I KNOW PEOPLE ARE GOING TO BE JUDGMENTAL, BUT YOU LIVE IN A
4:40:31PM HOME, YOU KNOW.
4:40:32PM YOU TAKE PRIDE IN THAT REGARDLESS.
4:40:34PM I HAVE FRIENDS THAT RENT HOMES.
4:40:36PM I HAVE FRIENDS THAT OWN HOMES.
4:40:37PM I HAVE PEOPLE WHO RENT APARTMENTS.
4:40:39PM MY MOTHER RENTS AN APARTMENT.
4:40:41PM IT'S A BEAUTIFUL APARTMENT.
4:40:42PM IT IS WHAT IT IS.

4:40:44PM AGAIN, BETTER THAN HAVING SOMEBODY ON THE STREETS STRUGGLING
4:40:47PM NOT KNOWING WHAT TO DO MONTH AFTER MONTH.
4:40:50PM INSTEAD YOU HAVE THEM IN A BETTER SITUATION.
4:40:52PM I WOULD BE SUPPORTIVE OF IT.
4:40:57PM COUNCIL MEMBER -- WHO WAS FIRST.
4:40:58PM CLENDENIN, HENDERSON, HURTAK.
4:41:05PM >>ALAN CLENDENIN: I HAVE A LITANY OF THINGS.
4:41:07PM AS YOU PROBABLY ANTICIPATED BASED ON OUR PAST DISCUSSIONS.
4:41:12PM IF THIS IS SUCH A GREAT IDEA, WHY ISN'T TAMPA HOUSING
4:41:21PM AUTHORITY DOING IT?
4:41:22PM THEY ARE THE HOUSING AUTHORITY.
4:41:27PM THAT'S THEIR BUSINESS.
4:41:32PM >>ALIS DRUMGO: I CAN'T SPEAK FOR THE HOUSING AUTHORITY,
4:41:34PM COUNCILMAN.
4:41:35PM I REALLY CAN'T.
4:41:36PM >>ALAN CLENDENIN: THEN WHY WOULD THE CITY OF TAMPA -- I
4:41:39PM MEAN, BECAUSE IT KIND OF BRINGS A BUREAUCRATIC BLOW IN
4:41:44PM MISSION AND CREEP IN CREATING THIS.
4:41:48PM I GUESS THAT'S MORE OF A STATEMENT THAN EVEN A QUESTION FROM
4:41:52PM MY PERSPECTIVE.
4:41:53PM ON THE SECOND-CLASS CITIZEN THING, THAT'S SOMETHING I'VE
4:41:56PM BEEN -- I USE A TERM PEOPLE DON'T LIKE.
4:42:01PM I HAVE PROBLEMS WITH THIS AS WELL BECAUSE YOU'RE CAPPING --
4:42:04PM SO WHEN FOLKS THAT ARE OCCUPYING THESE UNITS, YOU'RE
4:42:08PM INHIBITING THEM GETTING THE FULL VALUE OF THE PROPERTY.

4:42:11PM THEY ARE CAPPING THE RESALE SO THEY CAN'T ENJOY FULL PROFIT
4:42:16PM FROM THE REAL ESTATE THAT THEY PROCURED.
4:42:21PM YOU'VE GOT TWO DIFFERENT STATUS OF HOME OWNERSHIP.
4:42:24PM I LIVE IN A TOWN HOUSE.
4:42:26PM I LIVE IN MULTIFAMILY AS WELL.
4:42:28PM BUT I GET TO ENJOY, IF AND WHEN I TURN AROUND TO SELL THE
4:42:31PM PROPERTY, I GET 100% OF THE APPRECIATION, WHICH IF I ENJOY
4:42:35PM ANY WEALTH, IT IS IN REAL ESTATE.
4:42:38PM MY BANK ACCOUNTS ARE NOT THAT GREAT, BUT MY REAL ESTATE
4:42:41PM WEALTH IS GREAT.
4:42:42PM IT IS A PRIVILEGE THAT I'VE BEEN ABLE TO ENJOY OF BEING ABLE
4:42:46PM TO ACHIEVE FULL LIQUIDITY THROUGH APPRECIATION OF REAL
4:42:49PM ESTATE.
4:42:50PM WE'RE DEPRIVING PEOPLE OF THAT.
4:42:52PM THE ONLY REASON THAT THE OWNER IS ABLE TO GET INTO THE HOME
4:42:57PM FOR A LOWER COST IS BECAUSE WE'RE SUBSIDIZING THAT.
4:43:00PM IF WE'RE GOING TO SUBSIDIZE, IT JUST DOESN'T COME OUT OF
4:43:05PM NOWHERE.
4:43:06PM THE GOVERNMENT, I.E. THE CITY OF TAMPA, IS PAYING TO GET
4:43:09PM SOMEBODY INTO THE UNIT EITHER THROUGH THE SUBSIDIZED COST OF
4:43:11PM THE LAND AND SUBSIDIZED COST OF THE CONSTRUCTION TO BE ABLE
4:43:14PM TO GET THEM INTO A POINT THAT THEY CAN AFFORD TO HAVE THAT
4:43:17PM LOWER INITIAL COST.
4:43:19PM IF WE'RE ALREADY SUBSIDIZING, THERE ARE OTHER WAYS PEOPLE
4:43:22PM COULD ENJOY THE FULL APPRECIATION AND OTHER PROGRAMS WE'VE

4:43:25PM TALKED ABOUT ALL DAY, LITERALLY ALMOST ALL DAY TODAY.
4:43:29PM I THINK THAT WE SHOULD PROBABLY DOUBLE DOWN ON THOSE
4:43:32PM PROGRAMS.
4:43:33PM AGAIN, I KEEP HARKENING BACK TO THE MAYOR'S CHALLENGE FUND
4:43:36PM AND OTHER THINGS WE DO AND DO VERY WELL IN THE CITY OF
4:43:39PM TAMPA.
4:43:40PM PLYWOOD, NAILS, CONCRETE, SHINGLES DEPRECIATE.
4:43:47PM EVENTUALLY YOU LOOK AT BUILDINGS THAT GET TORN DOWN.
4:43:50PM DIRT DOES NOT.
4:43:51PM LOOKING LONG TERM ABOUT THE VIABILITY OF THESE PROJECTS,
4:43:56PM THEY ARE EVENTUALLY GOING TO DEPRECIATE TO ZERO.
4:44:00PM THE COST OF THE IMPROVEMENT IS GOING TO DEPRECIATE BECAUSE
4:44:04PM THEY DON'T -- WE DON'T SEE MANY HOUSES BUILT TO THE STANDARD
4:44:06PM THAT THESE WILL BE BUILT THAT LIVE THAT LONG.
4:44:10PM MAYBE 40, 50 YEARS MAYBE MAXIMUM.
4:44:12PM TALK ABOUT DEPRIVING FAMILIES OF GENERATIONAL WEALTH, IF
4:44:16PM THEY DON'T OWN THE LAND, THEY DON'T GET THE GENERATIONAL
4:44:18PM WEALTH OF THE LAND WHICH REALLY, ESPECIALLY IN A CITY LIKE
4:44:22PM TAMPA IS A KEY ELEMENT TO REAL ESTATE OWNERSHIP.
4:44:26PM THIS IS A QUESTION.
4:44:32PM THE CLTs, THE PEOPLE THAT OWN THE CLT ITSELF SO THE LAND
4:44:37PM TRUST, AND THEN THE OWNER OF THE IMPROVEMENTS, DO THEY PAY
4:44:42PM PROPERTY TAXES?
4:44:42PM >> YES, SIR.
4:44:43PM >>ALAN CLENDENIN: BOTH THE CLT AND THE UNIT THEMSELVES PAY

4:44:48PM PROPERTY TAXES, NOT EXEMPT.
4:44:49PM >>ALIS DRUMGO: THERE IS A REDUCTION IN THE PROPERTY TAX
4:44:54PM OBLIGATION, BUT THERE WILL BE PROPERTY TAXES PAID.
4:44:57PM >>ALAN CLENDENIN: WHAT DOES THAT REDUCTION LOOK LIKE?
4:45:04PM >> MATTHEW WYMAN, FLORIDA HOUSING COALITION.
4:45:06PM THE FLORIDA STATUTES REQUIRES THAT IN THESE TYPE OF
4:45:11PM SITUATIONS THAT THE TAXES BE ASSESSED BASED ON THE RESALE
4:45:15PM VALUE POTENTIALLY OF THE HOME, NOT THE MARKET VALUE, SO THAT
4:45:19PM REDUCES THE BURDEN OF TAXES ON THE HOMEOWNER.
4:45:23PM IN THE LIVE LOCAL ACT, 99-YEAR GROUND LEASE PROPERTIES OWNED
4:45:28PM BY A NONPROFIT AND THOSE PROPERTIES THAT ARE USED FOR
4:45:33PM AFFORDABLE HOUSING ARE EXEMPT FROM TAXES.
4:45:37PM >>ALAN CLENDENIN: EXEMPT FROM TAXES.
4:45:39PM >> THAT'S CORRECT.
4:45:39PM >>ALAN CLENDENIN: MY NEXT QUESTION IS, IF WE'RE GOING TO BUY
4:45:45PM THE LAND AND DO THESE UNITS, WHY WOULDN'T TO PROTECT THE
4:45:50PM TAXPAYER DOLLAR, WHY WOULD WE RELINQUISH CONTROL?
4:45:54PM WHY WOULDN'T WE RUN IT OURSELVES?
4:45:58PM >>ALIS DRUMGO: INITIALLY WE ARE.
4:45:59PM THE INTENT IS TO RUN IT OURSELVES INITIALLY.
4:46:02PM TO ANSWER YOUR QUESTION, EVEN THROUGH SOME OF OUR INFILL
4:46:05PM PROGRAMS, WE'RE RELINQUISHING THE PROPERTY.
4:46:08PM WE'RE RELINQUISHING THAT HERE IN THIS CASE AND THIS IS AN
4:46:12PM OPPORTUNITY BECAUSE WE DO HAVE LAND HOLDINGS THAT WE CAN PUT
4:46:14PM INTO THE CLT SO YOU'RE SUBSIDIZING WITHOUT EFFECTIVELY

4:46:18PM PUTTING UP CASH.
4:46:19PM I THINK THAT YOU ALL HAVE SPOKEN ABOUT MECHANISMS BY WHICH
4:46:24PM WE SHOULD BE ABLE TO DO THAT.
4:46:26PM YOU ALSO MENTIONED WE'RE DEPRIVING FOLKS OF EQUITY.
4:46:29PM THINK ABOUT THE 100% EQUITY THAT YOU GAIN FROM YOUR PROPERTY
4:46:34PM TRANSACTION IF YOU DECIDE TO SELL.
4:46:37PM IT'S A LONGEVITY THING FOR THE CLT.
4:46:39PM DOESN'T ALLOW YOU TO IMMEDIATELY COME IN AND FLIP AND REAP
4:46:43PM 100% BENEFITS FROM THAT TRANSACTION.
4:46:46PM BUT THE LONGER YOU STAY THE MORE YOU CAN BUILD THE EQUITY.
4:46:50PM WE ARE LOOKING AT AN INDEX BASED FORMULA THAT DOES ALLOW FOR
4:46:53PM THE GRADUAL APPRECIATION AND I WOULD SAY AT A MORE RAPID
4:46:56PM RATE THAN SOME OF THE OTHER FORMULA EXAMPLES OUT THERE.
4:46:59PM I THINK AT SOME POINT WE'LL COME BACK BEFORE YOU AND HAVE A
4:47:02PM CONVERSATION ABOUT THAT FORMULA AND WHEN WE GET INTO THE
4:47:05PM WEEDS OF THE OPERATING AND MANAGEMENT AGREEMENT.
4:47:07PM GENERALLY SPEAKING, WE TOOK THAT INTO ACCOUNT TO MAKE SURE
4:47:10PM THAT WE EXPLORED A MECHANISM THAT WOULD ALLOW FOR MORE
4:47:13PM EQUITY TO GET OUT TO FOLKS.
4:47:15PM AGAIN, IT'S ALL BASED ON TIME.
4:47:18PM I CAN'T GIVE YOU AN EXACT AMOUNT OF WHAT A PERSON WOULD GAIN
4:47:23PM WHEN THEY MOVE BECAUSE IT'S BASED ON THE VARIOUS FACTORS OF
4:47:27PM THE MARKET, THE INCREASES AND INCLUDED IN THAT IS ALSO THE
4:47:31PM LONGEVITY OF HOW LONG THEY HAVE BEEN LIVING IN THEIR HOME
4:47:33PM WITH THE CLT.

4:47:36PM >>ALAN CLENDENIN: ONE MORE QUESTION.
4:47:38PM INITIALLY IN THIS BUDGET, YOU HAVE $5 MILLION.
4:47:42PM WHAT DOES THAT COVER?
4:47:51PM >>ALIS DRUMGO: YEAR ONE WE TALKED ABOUT PROGRAMMATICALLY
4:47:54PM WHAT THAT MIGHT LOOK LIKE.
4:47:58PM I THOUGHT I HAD IT UP ON THE SCREEN.
4:47:59PM YEAR ONE, WE TALKED ABOUT HOME OWNERSHIP OPPORTUNITY
4:48:06PM CREATION OF UNITS.
4:48:07PM MEANING THEY COULD GO OUT AND BUILD THE UNITS OR BUY SOME
4:48:13PM OTHER PROPERTIES BY WHICH THEY COULD CONVERT THEM INTO THE
4:48:16PM CLT.
4:48:21PM >>ALAN CLENDENIN: ARE YOU PLANNING ON USING THE $5 MILLION
4:48:23PM TO LEVERAGE, BORROW?
4:48:25PM HOW IS THIS GOING TO ENCUMBER A TAXPAYER IN FISCAL YEAR 25,
4:48:32PM 26, 27?
4:48:33PM >>ALIS DRUMGO: I WANT TO BE CLEAR WE TALKED TO THE CFO.
4:48:35PM WE TALKED TO OUR FINANCE TEAM ABOUT NOT UTILIZING DEBT WHERE
4:48:39PM WE DON'T HAVE TO.
4:48:40PM THAT'S WHY YOU HAVE NOT -- I HEARD THIS COME UP WHEN SHE
4:48:45PM MENTIONED LEVERAGE EARLIER.
4:48:46PM WE DIDN'T CHOOSE THAT MECHANISM OF HOW TO FUND ANY OF THESE
4:48:49PM PROJECTS.
4:48:50PM THE CFO ALREADY TOLD US THERE MAY BE OPPORTUNITIES FOR US TO
4:48:54PM SWAP OUT --
4:48:56PM >>ALAN CLENDENIN: YOU MAY ACTUALLY CONVINCE ME TO SUPPORT

4:48:58PM THIS BECAUSE I WAS UNDER THE IMPRESSION WE'RE GOING TO BE
4:49:01PM LEVERAGING USING DEBT FOR THIS.
4:49:02PM >>ALIS DRUMGO: WE ARE NOT.
4:49:03PM >>ALAN CLENDENIN: THAT HAS ACTUALLY BEEN THE BIGGEST
4:49:05PM OBSTACLE IN MY MIND OF IF WE ARE GOING TO BORROW VERSUS
4:49:10PM PAY-GO FOR THIS.
4:49:11PM I MAY NOT BE WILLING TO JUMP ON BOARD TODAY BUT MAYBE THE
4:49:19PM NEXT DISCUSSION I WILL.
4:49:19PM I LEARNED SOMETHING TODAY.
4:49:21PM I ASSUMED YOU WERE LEVERAGING THIS.
4:49:23PM >>ALIS DRUMGO: I'LL ASK PLEASE JUMP ON BOARD TODAY.
4:49:28PM >>ALAN CLENDENIN: I HAVE TO BE SOMEWHERE AT 5:30, SO I'M
4:49:31PM BUGGING OUT AT 5:15.
4:49:33PM >>ALIS DRUMGO: THE OTHER COMMENT I WANT TO MAKE, WHEN YOU
4:49:36PM LOOK AT THE FUNDING SOURCES FOR CREATION AND PRESERVATION,
4:49:39PM YOU SAW $29 MILLION OF THAT IS CRA MONEY.
4:49:41PM OUR INTENT IS NOT TO JUST TAKE $50 MILLION AND GO OUT AND
4:49:45PM START ACQUIRING A BUNCH OF PROPERTY WITH DEBT.
4:49:48PM THAT'S NOT WHAT WE INTEND TO DO.
4:49:49PM WE INTEND TO LOOK AT EXISTING SOURCES OF FUNDING, TAKE THOSE
4:49:53PM AND UTILIZE THOSE SOURCES AND THEN WORK WITH THE CFO TO
4:49:58PM FIGURE OUT HOW TO BALANCE THE DOLLARS SO WE HAVE AS LITTLE
4:50:00PM DEBT AS POSSIBLE.
4:50:02PM >>ALAN CLENDENIN: INTERESTING.
4:50:03PM I APPRECIATE THE INSIGHT.

4:50:04PM IT CHANGES A LITTLE OF THE EQUATION.
4:50:06PM I HAVE TO RETHINK THIS BECAUSE A LOT OF MY OBSTACLES TO THIS
4:50:10PM WAS ASSUMING YOU WERE TRYING TO LEVERAGE.
4:50:13PM BORROWING MONEY FOR SOMETHING WE WOULD NEVER SEE COME IN.
4:50:17PM THAT IS AN INTERESTING DYNAMIC.
4:50:18PM THANK YOU.
4:50:19PM >>GUIDO MANISCALCO: HENDERSON, HURTAK, MIRANDA, CARLSON.
4:50:28PM >>GWEN HENDERSON: THANK YOU.
4:50:30PM THE CLT, COMMUNITY LAND TRUST, REALLY IS JUST ANOTHER
4:50:40PM ALTERNATIVE, KIND OF LIKE THE DEFERRED PAYMENT LOAN, WOULD
4:50:43PM YOU AGREE TO THAT?
4:50:44PM DOES IT FALL INTO THE SAME CATEGORY?
4:50:47PM WE'RE REDUCING THE COST OF THE HOME FOR THE HOME BUYER.
4:50:52PM >>ALIS DRUMGO: BUILT-IN SUBSIDY.
4:50:55PM I WOULD SAY THAT.
4:50:55PM >>GWEN HENDERSON: BUT STILL AN OPPORTUNITY TO BUILD
4:50:58PM GENERATIONAL WEALTH.
4:50:58PM >>ALIS DRUMGO: YES, MA'AM.
4:51:05PM >>GWEN HENDERSON: I WAS TRIGGERED BY COUNCILMAN CLENDENIN'S
4:51:08PM COMMENTS.
4:51:09PM THE PARTICULAR BUYER WE'RE TALKING ABOUT, THEY ARE NOT
4:51:13PM INVESTORS.
4:51:13PM THEY ARE NOT PEOPLE THAT ARE LIKE, OH, I WANT TO BUY THIS
4:51:16PM HOUSE AND FLIP IT AND GET ME SOMETHING ELSE.
4:51:18PM I JUST DON'T THINK THAT IS THE INITIAL PERSON WE'RE TRYING

4:51:22PM TO ATTRACT.
4:51:23PM WHEN I LOOK AT PEOPLE WHO WE CUT RIBBONS FOR THAT ARE
4:51:27PM FIRST-TIME HOME BUYERS UNDER OUR PROGRAMS CURRENTLY, THESE
4:51:30PM ARE PARENTS WHO ARE JUST TRYING TO -- GONE TO THESE THINGS.
4:51:34PM GONE TO THEM TOGETHER.
4:51:35PM CUTTING A RIBBON FOR A MOM WHO HAS THREE KIDS.
4:51:38PM I DON'T WANT US TO GET LOST IN THAT FROM WHAT SOMEONE SAID
4:51:46PM REGARDING ONE OF OUR OTHER BUDGET ADVISORY BOARD MEMBERS WHO
4:51:50PM HAPPENS TO BE A REAL ESTATE INVESTOR HIMSELF.
4:51:54PM THE SUCCESS OF THE PROGRAM IN DELRAY BEACH, MAYBE THE EXPERT
4:52:05PM CAN SPEAK ON THIS.
4:52:06PM IS THERE ANY BUILT-IN FAILURES THAT YOU CAN SPEAK ABOUT
4:52:11PM REGARDING PEOPLE WHO HAVE BEEN IN PROPERTIES LIKE THIS?
4:52:16PM >> AS I MENTIONED, MATTHEW WYMAN, FLORIDA HOUSING COALITION,
4:52:20PM THE CLT IS A TRUSTED PARTNER OF NOT JUST THE LOCAL
4:52:24PM GOVERNMENT BUT OF THE OWNERS AND TENANTS.
4:52:27PM IN THAT WAY, THE CLT CAN BACKSTOP SOME OF THE FINANCIAL
4:52:30PM DIFFICULTIES THAT MIGHT BE EXPERIENCED BY THAT HOMEOWNER,
4:52:34PM SPEAKING SPECIFICALLY, DELINQUENCIES, FORECLOSURES.
4:52:38PM BANKS USE, THE BANKS WHO UTILIZE -- THE BANKS WHO DO CLT
4:52:43PM LENDING, THEY USE PORTFOLIO MONEY.
4:52:45PM FREDDIE MAC WANTS TO KNOW WHY DON'T YOU SELL THOSE LOANS TO
4:52:49PM US.
4:52:49PM THE LENDERS SAY BECAUSE THEY ARE SO SECURE BECAUSE THE CLT
4:52:56PM IS BACKSTOPPING THEM, BOTH GENERATIONAL, FISCALLY AND

4:53:01PM EVERYTHING IN BETWEEN WITH HELPING PEOPLE UNDERSTAND WHAT
4:53:04PM THE HOME MAINTENANCE, AS YOU MENTIONED EARLIER, NEEDS TO
4:53:07PM LOOK LIKE, SAVING, ALL THOSE THINGS.
4:53:10PM THIS IS AN ONGOING STEWARDSHIP MODEL.
4:53:14PM ISN'T A ONE AND DONE, HEY, I GOT MY CERTIFICATE.
4:53:17PM THIS IS ONGOING TO MAKE SURE PEOPLE HAVE THOSE IMPROVED
4:53:21PM OUTCOMES.
4:53:23PM >>GWEN HENDERSON: THANK YOU.
4:53:24PM YOU KNOW THE PROPERTY THAT WE BOUGHT IN EAST TAMPA AT THE
4:53:27PM BEGINNING OF MY TERM HERE ON COUNCIL IN EAST TAMPA --
4:53:33PM >>ALIS DRUMGO: THE CHURCH I BELIEVE IT WAS.
4:53:35PM >>GWEN HENDERSON: COULD THAT PARTICULAR PROPERTY FALL INTO
4:53:38PM THIS CATEGORY OF BEING A LAND TRUST?
4:53:42PM >>ALIS DRUMGO: ABSOLUTELY.
4:53:44PM >>GWEN HENDERSON: SMALL PLOT OF LAND.
4:53:47PM >> TWO ACRES.
4:53:48PM >>GWEN HENDERSON: YOU KNOW WHAT I'M SAYING.
4:53:49PM >>ALIS DRUMGO: THE FUN-LAN PROJECT COULD HAVE BEEN IN THE
4:53:53PM TRUST BUT WE DIDN'T HAVE IT SET UP.
4:53:56PM THEY WANTED TO BE A PART OF THE TRUST, SO THEY OFFERED TO
4:53:58PM EITHER BE IN THE TRUST OR DO THE 99-YEAR AFFORDABILITY.
4:54:02PM DOESN'T MATTER, SIZE OF PROJECT, MULTIFAMILY, 300, 400, A
4:54:06PM THOUSAND UNITS, IT CAN SERVE THOSE PURPOSES.
4:54:09PM YOU CAN HAVE SITE-SPECIFIC LAND TRUST.
4:54:12PM THERE ARE SO MANY WAYS TO ACHIEVE WHAT WE'RE TRYING TO

4:54:14PM ACHIEVE BY UTILIZING THE LAND TRUST.
4:54:17PM I JUST WANTED TO POINT OUT THIS GAP.
4:54:20PM GO BACK TO THIS AFFORDABILITY ON THE SCREEN WHERE YOU TALK
4:54:23PM ABOUT RENTING AND GOING STRAIGHT TO THAT HOME OWNERSHIP.
4:54:28PM IT'S NOT LIKELY FOR EVERYONE.
4:54:30PM HAVING THE CLT AS AN INTERIM STEP, THIS IS THE GAP.
4:54:33PM THIS IS THE GROUP OF PEOPLE WHO ARE AT 50% AND BELOW AMI.
4:54:37PM WHERE WE COME IN AND TOLD YOU WE NEED 26,000 UNITS IN THIS
4:54:41PM SPACE, SHE JUST TOLD YOU THAT THOSE FOLKS DON'T QUALIFY FOR
4:54:44PM MORTGAGES.
4:54:45PM WE CAN'T FIND MORTGAGES FOR THEM.
4:54:47PM SO THIS IS THE TOOL THAT WE CAN USE TO HELP THOSE FOLKS GO
4:54:51PM FROM RENTING TO STABLE PAYMENT, 60 TO HUNDRED DOLLARS A
4:54:57PM MONTH FOR THE LAND LEASES AND THEN TO MOVE INTO THAT HOME
4:55:00PM OWNERSHIP LONG TERM AFTER THEY BUILD EQUITY.
4:55:06PM >>GWEN HENDERSON: I BROUGHT THAT UP BECAUSE IT IS SOMETHING
4:55:07PM WE ALREADY PURCHASED.
4:55:08PM IN MY HEAD ONE OF THE THINGS THAT COMES UP IN EAST TAMPA IS
4:55:12PM NOTHING IS HAPPENING FAST ENOUGH.
4:55:13PM THIS IS SOMETHING WE ALREADY ACQUIRED.
4:55:15PM I THINK IT JUST PROVIDES US WITH AN OPPORTUNITY TO HAVE A
4:55:18PM MODEL.
4:55:18PM I LIKE IT.
4:55:19PM AND I CAN SEE SUPPORTING IT.
4:55:21PM I'LL JUST LEAVE IT AT THAT.

4:55:23PM >>GUIDO MANISCALCO: COUNCIL MEMBER HURTAK.
4:55:25PM >>LYNN HURTAK: THANK YOU.
4:55:26PM I WANT TO START BY SAYING I LOVE THE WAY YOU USED TAMPE OS
4:55:29PM IN YOUR VIDEO.
4:55:31PM I REALLY LIKED THAT.
4:55:33PM I THINK THIS HAS BEEN A REALLY INTERESTING DISCUSSION.
4:55:37PM I WANT TO POINT OUT, ONE OF THE THINGS THAT I FOUND MOST
4:55:41PM FASCINATING THING WHEN I STARTED TO RESEARCH THIS WHEN MR.
4:55:45PM DRUMGO GAVE ME SOME PAPERWORK TO READ, IS THAT THE STATE
4:55:50PM APPROVES OF THESE AND NOT ONLY -- THEY NEVER APPROVE OF
4:55:54PM HOUSING TYPE THINGS.
4:55:56PM FOR ME, I ALREADY HAD A LEVEL OF COMFORT THERE BECAUSE IT'S
4:56:00PM SOMETHING THAT THE STATE IS -- I COULD NOT BELIEVE THE DEPTH
4:56:05PM TO WHICH THE STATE ALREADY HAS REGULATIONS FOR THIS.
4:56:08PM I THOUGHT TO ME IT WAS SAFE.
4:56:10PM THAT TELLS ME THAT THERE'S BEEN A LOT OF THOUGHT INTO IT.
4:56:13PM I ALSO LOVED THE IDEA THAT THIS IS GOING TO BE FIVE YEARS
4:56:18PM AND THEN IT'S ITS OWN THING.
4:56:21PM WE AREN'T GOING TO BE SADDLED WITH A NEW PROGRAM.
4:56:25PM I ALSO DO LOVE THE FACT LIKE MR. CLENDENIN SAID THAT THIS
4:56:28PM CAN BE PAY-GO.
4:56:30PM I THINK THAT IS A BIG PART.
4:56:32PM BUT TO ME IT IS AN ALTERNATIVE TO RENTING.
4:56:35PM THE SLIDE THAT'S ON OUR SCREEN COULD BE SHOWN FOR JUST A
4:56:40PM MOMENT.

4:56:41PM RIGHT WHERE IT SAYS OWNING A CLT HOME WHERE ONE PERSON IS
4:56:45PM HELPING THE OTHER PERSON UP I'M GOING TO STEAL FROM COUNCIL
4:56:48PM MEMBER MANISCALCO.
4:56:49PM THAT IS A HAND-UP, NOT A HANDOUT.
4:56:52PM THANK YOU.
4:56:55PM AND CLENDENIN.
4:56:57PM BOTH.
4:56:57PM BUT HE SAID IT BEFORE YOU JOINED COUNCIL.
4:56:59PM I'LL GIVE IT TO BOTH OF YOU.
4:57:03PM WELL, WHATEVER.
4:57:07PM BUT IT IS AN ALTERNATIVE TO RENTING.
4:57:09PM I DON'T THINK A LOT OF PEOPLE SEE IT THIS WAY.
4:57:11PM I THINK IT AS OWNERSHIP PHASE ONE OR OWNERSHIP LIGHT, WHICH
4:57:15PM BECAUSE WE ARE NOT TALKING ABOUT PEOPLE.
4:57:19PM WE'RE TALKING ABOUT A TEACHER WHO MAYBE THE FIRST PERSON IN
4:57:22PM HER FAMILY TO OWN A HOUSE.
4:57:24PM THIS IS THE GROUP THAT WE'RE REACHING OR THAT WE'RE TRYING
4:57:27PM TO REACH WITH THIS.
4:57:28PM WE'RE LOOKING FOR PEOPLE WHO DON'T HAVE FOLKS SURROUNDING
4:57:36PM THEM THAT UNDERSTAND HOME OWNERSHIP POSSIBLY.
4:57:38PM THIS COULD BE THE FIRST PERSON, WE HEAR A LOT ABOUT PEOPLE
4:57:42PM FIRST TIME TO GO TO COLLEGE, FIRST-TIME HOMEOWNER IN THE
4:57:45PM FAMILY.
4:57:46PM THEY DON'T HAVE THAT KNOWLEDGE THAT I WAS FORTUNATE TO HAVE
4:57:49PM WHEN I BOUGHT MY FIRST HOUSE AND MY DAD COULD TELL ME ABOUT

4:57:53PM THINGS.
4:57:54PM IN THIS CASE, WE'RE SUPPORTING ONGOING OWNERSHIP BECAUSE IF
4:57:57PM I'M CORRECT, AREN'T THERE CLASSES THAT ARE STILL SORT OF
4:58:02PM REQUIRED FOR PEOPLE TO PARTICIPATE?
4:58:06PM IF YOU COULD COME AND SPEAK TO THAT JUST FOR A COUPLE OF
4:58:10PM MINUTES OR JUST BRIEFLY ABOUT WHAT YOU HAVE TO DO, YOU'RE
4:58:14PM NOT JUST HANGED IT OVER AND -- HANDING IT OVER AND SAYING
4:58:18PM GOOD LUCK.
4:58:18PM >> NO THE OPPOSITE OF THAT.
4:58:20PM MATTHEW WYMAN, FLORIDA HOUSING COALITION.
4:58:22PM IN ADDITION TO WHAT THE TYPICAL COUNSELING PROGRAM, THE
4:58:27PM HUD-CERTIFIED, DIRECTOR HENDERSON MENTIONED EARLIER, THERE
4:58:30PM IS A CLT HOME BUYER COMPONENT THAT TYPICALLY CLTs ADD TO
4:58:36PM THAT ALREADY ROBUST COUNSELING TO HELP INFORM FOLKS OF WHAT
4:58:41PM THEY ARE GETTING INTO, UNDERSTANDING THAT THEY DON'T OWN THE
4:58:44PM LAND, UNDERSTANDING THAT THERE ARE RESTRICTIONS ON WHAT THE
4:58:47PM RESALE PRICE WILL BE BUT ALSO UNDERSTANDING THAT THEY ARE
4:58:50PM GETTING INTO A HOME THAT IS MUCH LESS THAN WHAT THE MARKET
4:58:53PM COULD BRING.
4:58:55PM SO THERE'S ALSO COUNSELING THAT IS ONGOING.
4:58:58PM IT'S NOT JUST BEFORE PURCHASE.
4:59:00PM IT'S IMMEDIATELY AFTER, JUST PRIOR TO CLOSING.
4:59:06PM THE CLTs AROUND THE STATE AND AROUND THE COUNTRY ARE DOING
4:59:10PM THIS TIME AND TIME AGAIN.
4:59:12PM AS FOLKS BUILD TENURE IN THEIR HOME, THERE ARE STILL

4:59:17PM OPPORTUNITIES FOR THE CLT TO SEND OUT QUARTERLY NEWSLETTERS,
4:59:22PM CONTACTING, SPEAKING TO FOLKS.
4:59:24PM THE UNIQUENESS OF THE CLT MODEL IS ABOUT PEOPLE.
4:59:27PM IT'S NOT JUST ONE HAND.
4:59:34PM IT'S MANY HANDS OVER TIME.
4:59:35PM >>LYNN HURTAK: THANK YOU.
4:59:37PM I THINK THAT TO ME IS WHAT IS SO IMPORTANT ABOUT THIS MODEL
4:59:40PM BECAUSE IT'S A MODEL, IT'S NOT GOING TO BE A MODEL FOR
4:59:43PM EVERYONE.
4:59:43PM THAT'S OKAY.
4:59:44PM IT DOESN'T NEED TO BE.
4:59:46PM RIGHT NOW, IF YOU ARE A TEACHER, THERE'S NO WAY YOU ARE
4:59:48PM BUYING A HOUSE IN THIS CITY.
4:59:49PM JUST NOT GOING TO HAPPEN.
4:59:50PM BUT YOU CAN GET THAT, THE OPPORTUNITY TO LEARN HOW TO BUY A
4:59:54PM HOUSE, TO BUY THAT BEGINNING SPACE.
4:59:57PM AND FOR ME, YES, WE CAN HELP PEOPLE BUY A HOUSE, BUT COSTS
5:00:03PM KEEP INCREASING.
5:00:04PM AND IF THEY HAVE THAT HOUSE FOR 30 YEARS AND THEN SELL IT,
5:00:07PM THAT'S NO LONGER AN AFFORDABLE HOUSE.
5:00:09PM BUT HERE, IN 30 YEARS, THIS WILL HELP STABILIZE
5:00:14PM GENTRIFICATION IN NEIGHBORHOODS.
5:00:18PM THAT'S WHAT I HEARD FROM THE COMMUNITY TODAY ASKING US TO
5:00:23PM STABILIZE HOUSING.
5:00:24PM I WILL STOP THERE.

5:00:26PM BUT I'M JUST, THE MORE I LEARN ABOUT THIS, THE MORE EXCITED
5:00:31PM I AM TO REACH A POPULATION THAT RIGHT NOW HOME OWNERSHIP IS
5:00:35PM UNATTAINABLE.
5:00:36PM >>GUIDO MANISCALCO: COUNCILMAN MIRANDA AND COUNCILMAN
5:00:38PM CARLSON.
5:00:38PM >>CHARLIE MIRANDA: THANK YOU.
5:00:40PM AGAIN, JUST THINKING BECAUSE I'M NOT AN EXPERT IN THIS
5:00:43PM FIELD.
5:00:43PM I KNOW NOTHING ABOUT CLTs.
5:00:45PM NOW YOU HAVE A HOUSE THAT'S THERE AND THE GENTLEMAN OR THE
5:00:52PM LADY, THE PARTIES, THE HUSBAND AND WIFE AND TWO OR THREE
5:00:56PM KIDS, THEY WANT TO SELL AND THEY SELL AND THEY GET THE VALUE
5:01:01PM OF THE GENERATIONAL WEALTH.
5:01:03PM I'LL USE MYSELF AS AN EXAMPLE.
5:01:04PM BOUGHT THE HOUSE FOR 12,600.
5:01:10PM SOLD IT TOMORROW FOR 400,000.
5:01:12PM I KEEP THE WHOLE 400,000.
5:01:14PM BUT IF I HAD YOUR SYSTEM, I WOULD ONLY KEEP 200,000.
5:01:19PM >> PERHAPS.
5:01:20PM IT MAY BE THAT LOW.
5:01:23PM >>CHARLIE MIRANDA: WHERE IS THE GENERAL WEALTH?
5:01:25PM ARE YOU REALLY HELPING THAT PEOPLE GOING WAY HIGH?
5:01:29PM YOU HAVE 360 PAYMENTS TO MAKE FOR 30 YEARS.
5:01:37PM >>ALIS DRUMGO: YES, SIR.
5:01:38PM I'LL LET MATTHEW TOUCH IT.

5:01:40PM >>CHARLIE MIRANDA: I HAVEN'T FINISHED.
5:01:42PM NOW THAT YOU HAVE AND NOW I APPLY IT TO A $30 MILLION, $10
5:01:46PM MILLION SALE ON A WATERFRONT PROPERTY AND BUILT $10 MILLION
5:01:52PM HOUSE, $20 MILLION.
5:01:54PM THAT WAY YOU ONLY GET HALF OF IT BACK.
5:01:56PM MILLIONAIRES GO BROKE.
5:01:59PM EVEN WHEN THEY WENT TO SCHOOL AND KNEW HOW TO MAKE
5:02:02PM DECISIONS, THAT'S HISTORY.
5:02:04PM THAT'S THE WAY IT GOES.
5:02:05PM NOT AGAINST EVERYTHING NOR AM I FOR EVERYTHING EITHER.
5:02:08PM I NEED TO KNOW MUCH MORE ABOUT THIS.
5:02:10PM THAT'S WHY I'M ASKING FOR PRO FORMA FROM OTHER AREAS BECAUSE
5:02:15PM THIS IS RELATIVELY NEW TO ME.
5:02:17PM RATHER BUILD MOBILE HOMES, NICE ONES, HAVE THEM CONSTRUCTED,
5:02:20PM PUT THEM ON LOTS AND SELL THEM AT HALF THE PRICE BECAUSE WE
5:02:23PM HAVE TO PUT PEOPLE IN HOUSING NOW, NOT WHEN THE HOUSE IS
5:02:27PM WORTH 400,000.
5:02:29PM >> MATTHEW WYMAN, FLORIDA HOUSING COALITION.
5:02:31PM I THINK I'M GETTING TIRED, TOO.
5:02:33PM THAT'S CERTAINLY A STRATEGY YOU COULD ADD TO YOUR TOOL BELT,
5:02:40PM THE MOBILE HOME.
5:02:43PM YOU CAN CERTAINLY ADD THAT IF YOU'D LIKE.
5:02:45PM WHAT I WILL SAY TO YOUR COMMENTS ABOUT BEING ABLE TO TAKE
5:02:49PM 100% DEPRECIATION -- 100 APPRECIATION VERSUS SAY 50, YOU
5:02:55PM BOUGHT THE HOME FEE SIMPLE AND YOU WERE ABLE TO AFFORD IT

5:02:57PM WHEN YOU DID.
5:02:58PM THESE ARE NOT FOLKS WHO CAN AFFORD TO BUY FEE SIMPLE AT THIS
5:03:01PM TIME.
5:03:02PM IN FACT, PROBABLY LOOKING AT FOLKS WHO ARE JUST BELOW WHAT'S
5:03:07PM ELIGIBLE FOR YOUR INFILL PROGRAM.
5:03:11PM IT'S THE GAP.
5:03:11PM >>CHARLIE MIRANDA: BOUGHT THE HOUSE UNDER THIS PROGRAM AND
5:03:16PM 20 YEARS LATER I LEAVE AND GET MY GENERATIONAL WEALTH AND
5:03:20PM LEAVE.
5:03:21PM THE PERSON COMING IN THAT BOUGHT THE HOUSE FOR MUCH MORE
5:03:24PM THAN WHAT I BOUGHT IT FOR AND UNDER THIS PROGRAM, THE LAND
5:03:27PM TRUST STILL GOES ON.
5:03:29PM IS THE PAYMENT GOING TO BE $100 A MONTH?
5:03:31PM 20 YEARS FROM NOW?
5:03:34PM >> THE GROUND LEASE FEE IS WHAT IS ESTABLISHED IN THE GROUND
5:03:38PM LEASE ITSELF.
5:03:39PM SO IT IS AGREED UPON BY BOTH PARTIES, THE CLT AND THE
5:03:44PM HOMEOWNER.
5:03:44PM >>GUIDO MANISCALCO: DOES IT STAY LIKE THAT FOR 30 YEARS?
5:03:47PM >> THE LEASE IS FOR 99 YEARS.
5:03:51PM AND YOU CAN RENEW IT.
5:03:55PM >>CHARLIE MIRANDA: I WON'T RENEW IT.
5:03:57PM I DON'T THINK I WILL BE HERE.
5:03:58PM WITH ME, YOU TALK ABOUT DAYS.
5:04:01PM >> THERE, OF COURSE, ARE PROVISIONS WHERE THE CLT CAN

5:04:04PM INCREASE THE GROUND LEASE FEE, BUT THERE ARE CAPS.
5:04:09PM THERE ARE PROTOCOLS THAT MUST BE FOLLOWED, AGAIN, THAT ARE
5:04:12PM AGREED UPON BY BOTH PARTIES.
5:04:14PM >>CHARLIE MIRANDA: THANK YOU VERY MUCH.
5:04:17PM >> I'M SURE STAFF AS WELL AS MYSELF WOULD BE HAPPY TO TALK
5:04:20PM WITH YOU, OF COURSE, INDIVIDUALLY TO HELP MAKE SURE YOU
5:04:22PM UNDERSTAND WHAT THE MODEL LOOKS LIKE AND WHAT IT CAN LOOK
5:04:25PM LIKE IN TAMPA.
5:04:25PM >>CHARLIE MIRANDA: THANK YOU.
5:04:26PM >>BILL CARLSON: I WOULD LIKE ONE OF THOSE DISCUSSIONS AND
5:04:31PM PARTLY TO LOOK AT WHAT THE ALTERNATIVES MIGHT BE ALSO.
5:04:34PM I DON'T KNOW IF THERE ARE VARIATIONS ON THIS THAT WE CAN
5:04:36PM CONSIDER.
5:04:37PM IN TERMS OF A MODEL, I TALK ABOUT SINGAPORE A LOT, AS FAR AS
5:04:41PM I REMEMBER, MOST OF THE HOUSING IN SINGAPORE IS OWNED BY
5:04:44PM LAND THAT'S OWNED BY THE GOVERNMENT -- SORRY, THE LAND IS
5:04:47PM OWNED BY THE GOVERNMENT.
5:04:48PM IT IS A SIMILAR KIND OF MODEL BUT THERE IS A LOT OF TRUST
5:04:53PM BUILT INTO IT THAT WHOEVER CONTROLS THE LAND THAT YOU CAN
5:04:57PM TRUST WHO THEY ARE AND WHAT THEY ARE DOING.
5:04:59PM AS I RECALL, THIS ONE IS MORE A PRIVATIZED MODEL, PRIVATE
5:05:03PM NONPROFIT INSTEAD OF A GOVERNMENT AGENCY THAT OWNS IT.
5:05:06PM I STEPPED OUT DURING THE BEGINNING OF YOUR THING AND MISSED
5:05:10PM A FEW WORDS, DID YOU SAY THE EXISTING LOTS WE HAVE WILL GO
5:05:13PM INTO THIS, NOT JUST MONEY?

5:05:16PM >>ALIS DRUMGO: I DID NOT.
5:05:17PM I DIDN'T SAY ALL PROPERTIES.
5:05:19PM I SAID WE WOULD NEED TO DO AN ANALYSIS TO FIGURE OUT WHAT TO
5:05:22PM PUT IN THE TRUST AND THAT WOULD COME BACK BEFORE THIS
5:05:25PM COUNCIL AS A PART OF ANY OPERATING AGREEMENT THAT WOULD
5:05:28PM DEFINE WHICH ASSETS WOULD GO TO THE CLT.
5:05:31PM >>BILL CARLSON: MY PREFERENCE TO START WOULD BE TO PUT OUR
5:05:34PM EXISTING LOTS IN IT AND WHATEVER MINIMAL OPERATING FEES AND
5:05:38PM START THAT WAY.
5:05:39PM THE OTHER THING IS AS WE'RE LOOKING AT THE CONTEXT OF ALL
5:05:43PM THE THINGS WE COULD DO, WE ALSO NEED TO LOOK AT THE OVERHEAD
5:05:46PM AND STAFF.
5:05:47PM I MENTIONED EARLIER WE'RE GROWING OUR STAFF IN AFFORDABLE
5:05:50PM HOUSING.
5:05:50PM GROWING OUR AFFORDABLE HOUSING STAFF IN THE CRA.
5:05:53PM WE NEED TO FIND MORE SOLUTIONS THAT DON'T REQUIRE MORE STAFF
5:05:56PM BECAUSE ALL THAT OVERHEAD, PAYING SOMEBODY HUNDRED THOUSAND
5:05:59PM DOLLARS A YEAR, A HUNDRED THOUSAND COULD BE A SUBSIDY TO
5:06:04PM HELP SOMEBODY BUY A HOME.
5:06:07PM WE NEED TO LOOK ACROSS THESE PROGRAMS AND FIGURE OUT WHAT IS
5:06:10PM THE STAFF COST OF THESE?
5:06:12PM WHAT IS THE OVERHEAD COST OF THESE, ET CETERA.
5:06:15PM DID YOU SAY THE $5 MILLION, IS THAT ALL GOING TO GO TO LAND
5:06:19PM OR A BIG CHUNK OF IT GOING TO GO TO STAFF?
5:06:23PM >>ALIS DRUMGO: I WANT TO BE CLEAR WITH THIS PROGRAM WE'RE

5:06:25PM ONLY ADDING ONE STAFF MEMBER.
5:06:27PM ONLY ASKED FOR THE ADDITION OF ONE STAFF MEMBER TO OVERSEE
5:06:30PM THE CLT FOR A COORDINATOR.
5:06:32PM WE'RE NOT LOOKING TO INCREASE THAT CAPACITY FOR STAFF, BUT
5:06:38PM WHAT WE WOULD LOVE FOR IT TO DO IS SPIN OFF AND CREATE ITS
5:06:42PM OWN STAFF AND BUDGET ONCE IT HAS OPERATING LEASES.
5:06:45PM IT'S GOING TO BE ABLE TO GENERATE ITS OWN INCOME --
5:06:48PM >>BILL CARLSON: AS A SEPARATE ANALYSIS LOOK AT THE DIFFERENT
5:06:51PM PROGRAMS AND FIGURE OUT WHAT IS THE STAFF COST, THE OVERHEAD
5:06:54PM COST, STAFF TIME AND COST BECAUSE WE NEED TO TAKE THAT INTO
5:06:58PM CONSIDERATION.
5:06:58PM NEED TO FIGURE OUT HOW TO OUTSOURCE MORE OF IT.
5:07:01PM ALL KINDS OF GREAT NONPROFITS, ESPECIALLY THE CRAs.
5:07:04PM CRAs CANNOT AFFORD TO KEEP ADDING MORE STAFF.
5:07:07PM YOU TALKED ABOUT BUYING HOMES, LAND UNDER HOMES.
5:07:11PM I WANT TO TALK TO YOU MORE ABOUT THIS PRIVATELY.
5:07:15PM IS THAT SOMETHING DONE A LOT IN YOUR OTHER MARKETS THAT YOU
5:07:19PM HAVE?
5:07:19PM IT SOUNDS KIND OF LIKE A REVERSE MORTGAGE, WHICH I KNOW
5:07:24PM CHARLIE LOVES.
5:07:34PM >> MATTHEW WYMAN, FLORIDA HOUSING COALITION.
5:07:36PM I DON'T THINK I UNDERSTAND YOUR QUESTION, SIR.
5:07:38PM >>BILL CARLSON: WHAT ALIS WAS SAYING, IF A FAMILY HAS HAD A
5:07:41PM HOUSE FOR LET'S SAY 20 YEARS AND DON'T HAVE THE MONEY TO
5:07:44PM RENOVATE THE HOUSE, THEY COULD SELL THEIR LAND TO THE TRUST,

5:07:48PM THAT WAY THEY COULD STAY IN THE HOUSE AND THEY WOULD CASH
5:07:51PM OUT ON THE EQUITY.
5:07:53PM USING CHARLIE'S MODEL, THEY WOULD GET THE $200,000 NOW BUT
5:07:57PM WOULDN'T GET APPRECIATION ON THE LAND IN THE FUTURE, RIGHT?
5:08:01PM >>ALIS DRUMGO: WE WERE TALKING ABOUT GETTING FOLKS TO OPT
5:08:04PM INTO THE CLT.
5:08:05PM ALL OF THAT WOULD HAVE TO BE LAID OUT WITH LEGAL COUNSEL.
5:08:09PM >>BILL CARLSON: MY QUESTION IN OTHER MARKETS DOES THE CLT GO
5:08:12PM IN AND BUY LAND FROM EXISTING HOMEOWNERS OR JUST BUY LAND --
5:08:16PM >> YES, SOMETHING DONE.
5:08:20PM TYPICALLY NATIONWIDE IN MORE AGGRESSIVE COMMUNITIES BUT NOT
5:08:25PM SOMETHING TYPICAL IN FLORIDA.
5:08:26PM THE FLORIDA CLT MODEL IS WHAT WE'VE BEEN TALKING ABOUT IN
5:08:30PM DELRAY BEACH AND SOUTH FLORIDA.
5:08:33PM >>BILL CARLSON: ANOTHER THING BEFORE I RUN OUT OF TIME.
5:08:36PM I WANT TO TALK TO YOU MORE ABOUT THAT OFF-LINE.
5:08:38PM ALIS, WE TALKED ABOUT THIS YESTERDAY, FIVE OR TEN YEARS,
5:08:42PM WHAT INFLUENCE WILL COUNCIL HAVE OVER THE CLTs?
5:08:45PM >>ALIS DRUMGO: SINGLE CLT, ONE COMMUNITY LAND TRUST THAT THE
5:08:50PM CITY INCUBATES, YOU WILL HAVE APPOINTED THE INITIAL BOARD.
5:08:54PM AT SOME POINT THAT BOARD HAS OWN NOMINATING COMMITTEE AND
5:08:58PM OWN ABILITY TO RECRUIT MEMBERSHIP.
5:09:01PM BUT THERE WILL BE TWO MEMBERS, HCD AND YOUR CRA DIRECTOR
5:09:06PM THAT WILL REMAIN MEMBERS, STANDING MEMBERS OF THAT BOARD.
5:09:10PM WE WILL ALWAYS HAVE TWO VOICES OF THE SEVEN AT THE TABLE AS

5:09:13PM A CITY AND THERE'S NO COMMITMENT BEYOND THE INITIAL
5:09:16PM OPERATING AND MANAGEMENT AGREEMENT TO PROVIDE RESOURCES OR
5:09:19PM ASSETS TO THE CLT.
5:09:21PM I THINK AS YOU'RE LOOKING AT THIS AS A LONG-RANGE
5:09:24PM COMMITMENT, IT'S AN INITIAL INVESTMENT TO SPUR SOMETHING
5:09:27PM THAT CAN BE VERY EFFECTIVE.
5:09:28PM >>BILL CARLSON: I WANT TO MAKE SURE THE STRUCTURE IS SET UP
5:09:30PM RIGHT.
5:09:31PM THE POINT IS UNLIKE A GOVERNMENT PROGRAM IN A FEW YEARS,
5:09:37PM CITY AND CITY COUNCIL HAS NO AUTHORITY OVER IT.
5:09:39PM IT WILL OPERATE ON ITS OWN.
5:09:40PM MY BIGGEST OBJECTION AND SAID THIS OVER AND OVER AGAIN, IF
5:09:45PM CITY COUNCIL HAS LESS THAN SEVEN APPOINTEES, WE HAVE NO
5:09:48PM POWER TO REALLY IN ACTUAL FACT APPOINT THE BOARD.
5:09:52PM I'M TALKING ABOUT IN HOW THE BOARDS ARE ACTUALLY -- I
5:09:54PM UNDERSTAND YOU'RE TRYING TO KEEP IT SMALL, BUT IT'S ALSO
5:09:59PM SOMEWHAT OFFENSIVE THAT SEVEN OF US PICKED TWO PEOPLE AND
5:10:02PM ONE PERSON PICKS THREE.
5:10:04PM SO I WILL JUST LEAVE YOU WITH THAT.
5:10:08PM I WOULD LIKE TO COME BACK AND TALK ABOUT WHAT THE OPTIONS
5:10:12PM ARE IN THE FUTURE.
5:10:13PM I'M GLAD IT DOESN'T INCLUDE DEBT BECAUSE THAT WAS ONE OF MY
5:10:16PM MAIN PROBLEMS.
5:10:19PM IN THE RANGE OF ALL THE SERVICES WE HAVE, WE HAVE TO LOOK AT
5:10:21PM WHAT IS THE BEST USE OF OUR MONEY.

5:10:23PM I STILL THINK A PROGRAM LIKE SECOND MORTGAGE OR OTHER
5:10:27PM PROGRAMS ARE MUCH MORE EFFECTIVE, MUCH MORE -- MUCH LESS
5:10:32PM LABOR INTENSIVE.
5:10:32PM WE CAN MOVE FASTER.
5:10:34PM WE CAN MOVE NOW.
5:10:35PM WE CAN GET A THOUSAND HOMES BUILT -- OWNED BY PEOPLE WITHIN
5:10:39PM A YEAR.
5:10:40PM THANK YOU.
5:10:40PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
5:10:41PM A QUESTION CAME UP ABOUT $5 MILLION OF DEBT, COMMIT TO $5
5:10:44PM MILLION OF DEBT.
5:10:45PM WHAT DOES THAT MEAN BECAUSE THAT WAS ON ONE OF THE SLIDES?
5:10:50PM >> SLIDE 42, TAMPA LAND TRUST PROGRAMMING, YEARS ONE THROUGH
5:10:54PM FIVE.
5:10:54PM PROPOSE CITY COMMIT $5 MILLION OF DEBT.
5:11:01PM >>ALIS DRUMGO: LET ME DO THIS BECAUSE WE SHOULD HAVE EDITED
5:11:05PM THAT OUT.
5:11:05PM TAKE IT OUT RIGHT NOW.
5:11:07PM IT SHOULDN'T HAVE BEEN THERE.
5:11:10PM >>ALAN CLENDENIN: ONE LAST QUESTION AND THE LAST YOU'LL SEE
5:11:13PM OF ME TODAY SO YOU WON'T HAVE TO PUT UP WITH MY NONSENSE.
5:11:17PM EVERYBODY SAYS HALLELUJAH.
5:11:21PM I NOTICED THESE PROGRAMS STARTED IN 1960s.
5:11:25PM THE CLTS, IF I REMEMBER READING COLLECTIVELY, SEVERAL
5:11:31PM PROGRESSIVE CITIES AROUND THE COUNTRY THAT ESTABLISHED THIS.

5:11:35PM I'LL LEAVE THIS WITH YOU, IF IT IS SUCH A GOOD IDEA, WHY
5:11:39PM ISN'T EVERYBODY DOING IT?
5:11:44PM >>ALIS DRUMGO: GREAT POINT.
5:11:45PM I'M GOING TO SAY IT IS A COMMUNITY-BASED MODEL.
5:11:50PM WHEN PEOPLE TALK ABOUT SHARED EQUITY ANYTHING IN A COUNTRY
5:11:52PM FULL OF PEOPLE THAT BELIEVE IN MANIFEST DESTINY AND GOING
5:11:57PM OUT TO PURSUE THE THING AND THE ECONOMICS, THE WAY IT IS
5:12:00PM STRUCTURED, SHARED EQUITY IS NOT LOOKED AT FAVORABLY.
5:12:05PM I THINK IT'S THE PERCEPTION THAT PEOPLE AREN'T ABLE TO
5:12:07PM CONTINUE TO WIN IN THIS MODEL AND THE FACT THAT SOME PEOPLE
5:12:11PM VIEW IT AS A SECOND-CLASS WAY TO GET TO THAT EQUITY.
5:12:16PM IT'S A SLOW PROGRESSIVE MEANS OF DOING THAT.
5:12:20PM I WOULD SAY THAT IS WHY EVERYONE ISN'T DOING IT.
5:12:24PM THERE ARE VERY SUCCESSFUL MODELS IN THE STATE OF FLORIDA.
5:12:28PM DELRAY BEACH.
5:12:29PM JACKSONVILLE STARTED THEIR OWN CLT.
5:12:31PM THEY HAVE SOME VERY PROGRESSIVE POLICIES AS WELL IN WHICH
5:12:36PM THEIR CITY WHEN THEY ACQUIRE PROPERTY, CLT GETS THE FIRST
5:12:39PM RIGHT TO LOOK AT THE PROPERTIES FOR DEVELOPMENT BEFORE THE
5:12:41PM CITY DECIDES WHAT IT'S GOING TO DO WITH IT.
5:12:44PM I DIDN'T BRING THOSE POLICIES IN FRONT OF YOU BECAUSE I
5:12:47PM DIDN'T WANT TO GET THE BLOOD PRESSURE UP TOO HIGH.
5:12:49PM THIS IS THE START OF A CONVERSATION.
5:12:51PM I THINK THAT THE WAY WE'RE DOING IT, TRYING TO PROGRESSIVELY
5:12:59PM EXPOSE THE CITY TO THE CONCEPT.

5:13:01PM TWO OFF RAMPS.
5:13:05PM COMMIT FOR FIVE YEARS, DOESN'T WORK, YOU CAN DISSOLVE.
5:13:08PM BUILD AN AGREEMENT THAT CAN PROTECT THE CITY'S ASSETS.
5:13:11PM WE'RE NOT ASKING FOR ADDITIONAL STAFF.
5:13:12PM WE'RE BEARING THE BRUNT OF RUNNING THE PROGRAM BY JUST
5:13:15PM ADDING ONE STAFF MEMBER.
5:13:16PM NONE TO THE CRA.
5:13:17PM LIKE IT OR NOT, WE ARE A COLLECTIVE BODY.
5:13:23PM YOU'RE GOING TO APPOINT THE INITIAL FIVE MEMBERS AS A
5:13:25PM COLLECTIVE, BUT YOU'LL HAVE SEVEN REPRESENTATIVES AND TWO OF
5:13:28PM THEM WILL BE STAFF MEMBERS OF THE CITY AND THEY WILL REMAIN
5:13:32PM THERE LONG TERM AND THE REST OF THE BOARD CAN CHANGE.
5:13:38PM ONE OF THE THINGS IN THE CONSIDERATIONS FOR SETTING THIS UP
5:13:40PM FOR YOU ALL TO CONSIDER IT WAS THAT IT WASN'T ABOUT POWER.
5:13:44PM IT'S ABOUT THE THING OF CREATING COMMUNITY WHICH YOU
5:13:46PM CONTINUE TO SAY TO US.
5:13:48PM THIS IS A COMMUNITY-BASED MODEL THAT WE CAN THEN TAKE,
5:13:51PM TRANSFER, AND SHARE WITH OUR OTHER COMMUNITY PARTNERS TO
5:13:54PM SPUR COMMUNITY-BASED MODELS.
5:13:57PM MAYBE WE DON'T HAVE TO DO IT ANYMORE.
5:13:59PM MAYBE WE ARE THE ENTITY THAT IS PROVIDING TECHNICAL
5:14:02PM ASSISTANCE DOLLARS TO THE VARIOUS ORGANIZATIONS TO CREATE
5:14:04PM MORE LAND TRUST.
5:14:05PM FOR US, THIS IS JUST THAT INITIAL FORAY INTO IT.
5:14:11PM BEFORE HE LEFT, SOUNDED LIKE -- I PLAY A LOT OF SPADES.

5:14:16PM THREE AND A POSSIBLE.
5:14:17PM WE'RE NOT QUITE WHERE WE NEED TO BE, AND I THINK WE'LL
5:14:21PM CONTINUE THE CONVERSATION AROUND CLT AND WE'LL BRING YOU
5:14:26PM BACK SOME MORE INFORMATION ON IT.
5:14:28PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
5:14:29PM WE'LL GO TO PUBLIC COMMENT.
5:14:33PM WHO WISHES TO SPEAK AT THIS TIME?
5:14:35PM YES, MA'AM.
5:14:35PM PLEASE STATE YOUR NAME.
5:14:43PM >> ALISON HEWITT, EAST TAMPA RESIDENT.
5:14:46PM I AM ACTUALLY A BOARD MEMBER ON A COMMUNITY LAND TRUST
5:14:50PM THAT'S BEEN IN EXISTENCE SINCE 2007, AND THEY ARE AN
5:14:53PM EXCELLENT WAY TO MAINTAIN AFFORDABILITY.
5:14:57PM CHALLENGES THAT I WANT TO MAKE SURE THAT YOU'RE AWARE OF IS
5:15:02PM OUR TEAM RIGHT NOW IS RIGHT NOW FINANCING FOLKS AND GETTING
5:15:07PM FINANCING FOR MORTGAGES FOR PEOPLE WHO WILL ALREADY GET
5:15:11PM MORTGAGES.
5:15:11PM THE ONES THAT ARE CHALLENGES IS WE'VE HAD SOME SIGNIFICANT
5:15:15PM FUND-RAISING WITH COUNCILWOMAN HURTAK THAT ONGOING TRAINING,
5:15:21PM THAT COSTS MONEY TO CONTINUE TO DO, AND MOST OF THE FOLKS
5:15:24PM THAT COME THROUGH OUR PROGRAM, IT TAKES A YEAR AND A HALF TO
5:15:28PM GET THOSE LOWER PERCENTAGE READY TO BE FINANCED.
5:15:31PM SO WE HAVE TO HAVE A LOT OF FUND-RAISING EFFORTS AND HAVE
5:15:34PM THAT TEAM TOGETHER TO MAKE SURE BECAUSE ALSO IN THIS LENDING
5:15:39PM MARKET WE ARE RIGHT NOW, A LOT OF THE LENDERS, ALTHOUGH THE

5:15:43PM FHA IS APPROVING THE CLT LOANS, A LOT OF THE BANKS THAT WE
5:15:47PM HAVE GONE TO FOR FINANCING, THEY ARE NOT REAL RECEPTIVE OF
5:15:52PM THE DOWN PAYMENT ASSISTANCE FROM THE COUNTY AND THE CITY
5:15:55PM BECAUSE THEY DON'T WANT TO HAVE A THIRD AND FOURTH LAND
5:15:59PM THAT'S ALREADY OWNED BY THE CLT.
5:16:02PM AGAIN, WE ARE DOING IT.
5:16:03PM IT JUST TAKES A LOT MORE STAFF TO BE ABLE TO GET IT DONE.
5:16:10PM IT IS PROTECTING THE AFFORDABILITY.
5:16:13PM WE ALSO HAVE FOUND THAT THE SCATTERED SITES HAVE BEEN A
5:16:16PM LITTLE BIT MORE WORK -- MORE INTENSIVE WORK THAN HAVING A
5:16:21PM LARGE SITE TO BE ABLE TO BE FINANCED.
5:16:25PM ALSO WANT TO BE ABLE TO SHARE THAT WE REALLY APPRECIATE THE
5:16:29PM MODEL GROUND LEASE THAT'S APPROVED BY THE STATE.
5:16:32PM AS LONG AS WE STICK TO THAT MODEL, THEN THE FHA APPROVED
5:16:37PM GROUND LEASES ARE A LOT EASIER FOR US TO ACHIEVE.
5:16:40PM AGAIN, A LOT, IT IS REALLY FABULOUS FOR MAINTAINING
5:16:44PM AFFORDABILITY, BUT A LOT OF INTENSIVE WORK BECAUSE WE ARE
5:16:50PM TRYING TO FOCUS ON THE COMMUNITY LAND TRUST I SIT ON, ON THE
5:16:57PM 30-50 AMI.
5:16:59PM AND IT TAKES SO MUCH WORK TO MAKE SURE THEY ARE GOING
5:17:01PM THROUGH THOSE TRAININGS AND GETTING READY.
5:17:04PM AND THIS IS THE ONLY WAY A LOT OF THEM ARE GETTING THE
5:17:08PM HOMES, BUT I WANT TO MAKE SURE THAT I'M BACKING UP THE STAFF
5:17:11PM ON THIS ONE TO UNDERSTAND AS THEY ARE CREATING THE
5:17:14PM ORGANIZATIONAL STRUCTURE, TO UNDERSTAND THAT MAINTAIN THAT

5:17:18PM TRAINING, IT COSTS MONEY.
5:17:20PM IT'S NOT FREE.
5:17:21PM WE HAVE TO HAVE STAFF TO BE ABLE TO DO THAT AND BE ABLE TO
5:17:26PM EDUCATE THE COMMUNITY ABOUT THOSE TRAININGS.
5:17:28PM BUT MAINTAINING AFFORDABILITY HAS BEEN A GODSEND IN THE
5:17:32PM OTHER LAND TRUSTS THAT I'VE SAT ON THE BOARD FOR THE LAST
5:17:36PM COUPLE OF YEARS.
5:17:37PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, MA'AM.
5:17:38PM YES, SIR, PLEASE STATE YOUR NAME.
5:17:40PM >> GOOD EVENING.
5:17:41PM MY NAME IS NATHAN HAGAN AGAIN.
5:17:43PM I THINK THERE'S ONE AREA JUST LISTENING TO THE CONVERSATION
5:17:50PM THAT I THINK IS WORTH EMPHASIZING, IS THAT THIS IS NOT AN
5:17:55PM ALTERNATIVE TO HOME OWNERSHIP.
5:17:56PM THIS IS AN ALTERNATIVE TO RENTING.
5:17:58PM I KEPT SEEING THE CONVERSATION FORM THE TRAP OF WE'RE
5:18:02PM SECOND-CLASS CITIZENS TO HOMEOWNERS.
5:18:04PM IF CLT IS THAT, THEN RENTING IS THAT.
5:18:07PM FRANKLY AS SOMEONE WHO WOULD PREFER TO RENT, I DON'T LIKE TO
5:18:10PM THINK OF RENTERS BEING SECOND CLASS.
5:18:12PM I DON'T WANT TO FALL IN THAT TRAP AGAIN.
5:18:14PM I JUST DID.
5:18:16PM IT'S AN ALTERNATIVE TO RENTING WHERE YOU BUILD EQUITY.
5:18:19PM THAT'S ALL IT IS.
5:18:20PM I THINK THE STRUCTURE, TOO, THERE WAS A LOT OF DISCUSSION

5:18:25PM ABOUT WHY DOESN'T THE CITY OWN THIS.
5:18:27PM WE'RE RESPONSIBLE FOR THIS.
5:18:28PM THIS IS OUR CHILD.
5:18:29PM THIS IS OUR BABY, WE HAVE TO HOLD ON TO THIS FOREVER.
5:18:31PM I UNDERSTAND THE IMPULSE IF YOU'RE NOT SUPER FAMILIAR WITH
5:18:34PM THIS.
5:18:34PM BUT I WOULD GIVE YOU THE COUNTER POINT WHICH IS HAVING THIS
5:18:39PM BE INDEPENDENT AFTER FIVE YEARS, I WOULD NOT SUPPORT THIS IF
5:18:41PM THIS WAS RUN BY THE CITY FOREVER.
5:18:43PM THIS CANNOT BE A SLUSH FUND FOR FUTURE CITY COUNCILS.
5:18:47PM THIS IS SET UP BY PEOPLE WHO BELIEVE IN IT, TO BE
5:18:50PM INDEPENDENT AND SELF-SUFFICIENT AND THEN GIVEN TO THE PEOPLE
5:18:53PM WHO LIVE IN THAT COMMUNITY.
5:18:55PM THE REASON WHY IT'S ONLY TWO SEATS FROM THE CITY IS BECAUSE
5:18:58PM THE OTHER FIVE SEATS NEED TO BE FROM PEOPLE WHO ARE EITHER
5:19:03PM EXPERTS AND NEED TO BE ON THE BOARD NO MATTER WHAT AND
5:19:06PM PEOPLE ACTUALLY LIVING IN THE CLT.
5:19:08PM THIS IS KIND OF LIKE A TENANT UNION A LITTLE BIT.
5:19:10PM THERE IS A POLITICAL COMPONENT HERE.
5:19:12PM IF YOU GO AND READ STORIES ABOUT WHAT CLTs AND OTHER
5:19:14PM PLACES HAVE GONE, PROBABLY 10 OR 15 CLTs IN THE CITY OF
5:19:20PM SEATTLE.
5:19:20PM THIS IS A WAY OF COMMUNITY ORGANIZING.
5:19:24PM WE HAVE TWO TYPES OF DEVELOPERS THAT DEAL WITH PROJECTS IN
5:19:26PM THE CITY OF TAMPA.

5:19:26PM FOR PROFIT AND NOT FOR PROFIT, ONES THAT DEAL WITH COMPLEX
5:19:30PM STATE FINANCING STUFF.
5:19:31PM THEY ARE EFFECTIVELY FOR-PROFIT.
5:19:33PM I DON'T KNOW HOW MUCH THE CEOs OF THE COMPANY MAKE BUT
5:19:37PM THEY ARE NOT COMMUNITY BASED.
5:19:39PM THIS IS A THIRD MODEL.
5:19:40PM A PROJECT REJECTED BY THE COMMUNITY BECAUSE THEY DON'T LIKE
5:19:44PM THE BIG DEVELOPER COMING IN, DON'T REALLY KNOW, DON'T TRUST
5:19:48PM THE RICHMOND GROUP, BLUE SKY, WHATEVER AFFORDABLE HOUSING
5:19:53PM DEVELOPER, THE THIRD OPTION, DEVELOPMENT COMPANY OWNED BY
5:19:57PM THEIR NEIGHBORS.
5:19:57PM THAT'S WHAT THE CLT IS.
5:19:59PM THE CLT CAN ACQUIRE LAND AND THEY ARE THE ONES RESPONSIBLE
5:20:01PM FOR DEVELOPING IT AND FACILITATED -- IT IS THE PEOPLE IN
5:20:07PM THEIR OWN COMMUNITY.
5:20:08PM I LOOK AT THIS PERSONALLY I SEE THE POLITICAL BENEFIT HERE
5:20:11PM WHERE I HEARD STORIES ABOUT, FOR EXAMPLE, I THINK A STORY I
5:20:14PM HEARD IN SEATTLE WHERE THERE IS A DEVELOPER WHO WANTED TO DO
5:20:18PM A PROJECT IN PREDOMINANTLY BLACK NEIGHBORHOOD.
5:20:20PM THE NEIGHBORHOOD DIDN'T TRUST THAT THEY WOULD FOLLOW THROUGH
5:20:23PM ON THEIR COMMITMENTS FOR AFFORDABLE HOUSING AND TO MAKE THIS
5:20:25PM PROJECT REPRESENTATIVE OF WHAT WAS NEEDED.
5:20:28PM THERE IS A COMMUNITY LAND TRUST, I THINK CALLED AFRICA TOWN
5:20:31PM IS THE NAME OF THE COMMUNITY LAND TRUST.
5:20:33PM BLACK OWNED COMMUNITY LAND TRUST IN SEATTLE.

5:20:35PM THEY PARTNERED WITH THE DEVELOPER AND THE DEVELOPER SAID
5:20:37PM GIVE THE COMMUNITY LAND TRUST 30% OF THE LAND AND THEY'LL
5:20:41PM FULFILL THE COMMITMENT.
5:20:43PM DON'T HAVE TO TRUST US.
5:20:44PM TRUST YOUR COMMUNITY CLT.
5:20:46PM THAT'S WHAT COMMUNITY DEVELOPMENT IS.
5:20:47PM WE'RE AT THE VERY BEGINNING OF IT.
5:20:49PM VERY INTERESTING THINGS THAT COULD HAPPEN.
5:20:51PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
5:20:52PM YES, MA'AM.
5:20:52PM PLEASE STATE YOUR NAME.
5:20:54PM >> ROBIN LOCKETT.
5:20:57PM JUST A QUICK STATEMENT.
5:21:00PM JUST LISTENING TO THIS CONVERSATION AND I TOTALLY AGREE,
5:21:04PM IT'S AN ALTERNATIVE TO RENTING, BUT JUST LISTENING TO THE
5:21:10PM REMARKS, IT FALLS BACK TO WHAT I SAID EARLIER, YOU HAVE TO
5:21:13PM LOOK AT THINGS THROUGH A DIFFERENT LENS, NOT THROUGH YOUR
5:21:15PM EXPERIENCE.
5:21:16PM IF YOU ARE LOOKING AT IT THROUGH YOUR EXPERIENCE AND MR.
5:21:19PM MIRANDA YOU IDENTIFIED HOW YOU BOUGHT HOMES.
5:21:21PM I KNOW THAT'S HOW YOU UNDERSTAND THINGS.
5:21:23PM BUT TAKE A STEP BACK BECAUSE IT'S NOT GOING TO WORK IF
5:21:27PM YOU'RE LOOKING THROUGH IT THROUGH YOUR LENS AND NOT TRYING
5:21:29PM TO FIGURE IT OUT THROUGH SOMEBODY ELSE'S.
5:21:33PM THE INDIVIDUALS THAT THIS LAND -- I THINK IT'S A GREAT IDEA,

5:21:37PM BUT IT'S A PART OF THE PUZZLE.
5:21:39PM IT'S A PART OF THE PUZZLE.
5:21:41PM IT'S NOT A ONE ALL GOING TO FIX EVERYTHING.
5:21:44PM THE PEOPLE THAT I FIGHT FOR, IT WILL HELP THEM.
5:21:48PM IT WILL HELP THEM.
5:21:50PM IT'S A REMEDY.
5:21:51PM SO JUST TAKING AND THE QUESTIONS ARE GREAT QUESTIONS, BUT
5:21:56PM JUST LOOKING AT IT BECAUSE IF YOU LOOK AT IT THROUGH YOUR
5:21:59PM LENS, YOU'RE GOING TO STOP IT AND NOT AGREE WITH IT BECAUSE
5:22:02PM BASED ON YOUR EXPERIENCE AND WHAT YOU'VE GONE THROUGH.
5:22:06PM GREAT IDEA.
5:22:07PM I LOVE IT, AND I THINK THAT COUNCIL SHOULD SUPPORT IT, ALLOW
5:22:12PM THEM TO -- YOU HAVE FOUR, POSSIBLY FIVE, GIVE THEM -- JUST
5:22:20PM TO GIVE THEM THE INFORMATION JUST TO GO FORWARD.
5:22:23PM GO FORWARD.
5:22:24PM DON'T KICK THE CAN DOWN THE ROAD.
5:22:28PM BECAUSE THE CAN ALWAYS GETS LOST.
5:22:30PM THANK YOU.
5:22:33PM >>GUIDO MANISCALCO: CARROLL ANN BENNETT, ARE YOU STILL ON?
5:22:35PM YES, MA'AM, IF YOU'D LIKE TO SPEAK, PLEASE UNMUTE YOURSELF
5:22:42PM AND STATE YOUR NAME.
5:22:44PM I'M GOING TO HAND YOU THE GAVEL AT 5:30.
5:22:53PM I HAVE TO LEAVE.
5:22:55PM >> HI.
5:22:55PM THIS IS CARROLL ANN BENNETT.

5:22:58PM I AM STILL HERE.
5:22:58PM IT DOES NOT FEEL LIKE I AM ON VACATION.
5:23:01PM I LIKE THE WAY THIS SOUNDS.
5:23:07PM I THINK IT'S A GREAT ALTERNATIVE TO RENTING.
5:23:09PM I LOVE THE FACT THAT IT'S TARGETED TO 50% AMI AND LESS.
5:23:13PM I THINK IT'S A PIECE OF THE PUZZLE.
5:23:15PM I THINK WE SHOULD SUPPORT THIS.
5:23:17PM THANK YOU.
5:23:17PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH.
5:23:18PM YES, MA'AM.
5:23:20PM >>LYNN HURTAK: DID I JUST HEAR THAT BOTH OF YOU HAVE TO
5:23:23PM LEAVE?
5:23:24PM >>GUIDO MANISCALCO: NO, I.
5:23:27PM >>LYNN HURTAK: I THOUGHT --
5:23:29PM >>GUIDO MANISCALCO: MR. POZZI, ARE YOU ON, SIR?
5:23:33PM IS IT PATRICK?
5:23:37PM PATRICK POZZI, IF YOU ARE ON, UNMUTE YOURSELF AND PLEASE
5:23:42PM STATE YOUR NAME.
5:23:44PM >> PATRICK POESY.
5:23:46PM I WANTED TO SPEAK EARLIER.
5:23:48PM I WASN'T CALLED UPON.
5:23:51PM PROBABLY A MISTAKE ON MY END.
5:23:53PM I WANTED TO TALK ABOUT THE BONUS DENSITIES REGULATORY
5:23:57PM BARRIERS THAT WERE DISCUSSED EARLIER IN THE PRESENTATION.
5:24:02PM WE NEED AFFORDABLE HOUSING IN THE CITY.

5:24:04PM IT'S BEEN MADE ABUNDANTLY CLEAR TODAY.
5:24:07PM WE CANNOT SOLVE A MULTIBILLION DOLLAR PROBLEM WITH TENSE OF
5:24:12PM MILLION DOLLARS.
5:24:12PM DON'T HAVE MONEY TO PURCHASE GAP MONEY ALONE.
5:24:16PM THE IDEA TO THROW MONEY AT THE CRISIS WITHOUT MAKING ANY
5:24:18PM OTHER CHANGES IS NOT REALISTIC.
5:24:20PM CALIFORNIA HAS TRIED THIS APPROACH AND RESULTED IN HIGHEST
5:24:23PM RATE OF HOMELESSNESS IN THE COUNTRY.
5:24:24PM THE POLICY RECOMMENDATIONS ON SLIDE 22, THE DETAILED BONUS
5:24:28PM RECOMMENDATION THAT SIMULTANEOUSLY PRODUCE GREATER HOUSING
5:24:31PM SUPPLY AND ALLOW FOR MORE AFFORDABLE HOUSING TYPOLOGIES ARE
5:24:36PM FANTASTIC.
5:24:37PM OTHER FOLKS SPOKEN FAVORABLY ABOUT THESE AND I ECHO THEIR
5:24:41PM SENTIMENTS.
5:24:41PM WE SHOULD SUPPORT THEM.
5:24:42PM THESE ARE RECOMMENDATIONS MADE BY EXPERTS.
5:24:45PM I HOPE THE EXPERTS ARE LISTENED TO AND RECOMMENDATIONS ARE
5:24:47PM IMPLEMENTED AND NOT WATERED DOWN OR REMOVED.
5:24:50PM SLIDE 26 DETAILS REGULATORY BARRIERS THAT SHOULD BE
5:24:56PM EXAMINED.
5:24:57PM WHEN LOT SIZES EXCEED 5,000 SQUARE FEET IN SO MUCH OF OUR
5:24:59PM CITY AND YOU CAN ONLY BUILD SINGLE-FAMILY DETACHED HOMES ON
5:25:02PM A FRACTION OF THE LAND AND MUST BUILD PARKING, HAVE CERTAIN
5:25:04PM SETBACKS, AND SO ON, ALL THIS LEADS TO COST OF SHELTER BEING
5:25:08PM WAY HIGHER THAN IT NEEDS TO BE.

5:25:09PM WE ARE LITERALLY PAYING TO HOUSE LAWNS AND CARS AND
5:25:12PM PRIORITIZING THAT OVER THE HOUSING OF LIVING, BREATHING
5:25:15PM HUMAN BEINGS.
5:25:16PM THERE ARE PLENTY OF UNSAVORY HISTORICAL REASONS AS TO WHY
5:25:20PM THE RULES ARE THE WAY THEY ARE, WHICH OTHERS MENTIONED AND
5:25:23PM TIME DOES NOT ALLOW ME TO DISCUSS HERE.
5:25:25PM SUFFICE TO SAY THE NEED TO CHANGE IS A SOCIAL JUSTICE ISSUE
5:25:28PM AND RACIAL EQUITY ISSUE.
5:25:31PM I APPLAUD COUNCIL FOR EMBRACING THESE SENTIMENTS, THE NEEDS
5:25:36PM TO CHANGE.
5:25:37PM I DO RECOGNIZE THERE WILL STILL PROBABLY BE PLENTY OF TIME
5:25:41PM AND ENERGY SPENT BY HOUSING SECURE AFFLUENT PEOPLE WITH TIME
5:25:46PM AND PRIVILEGE TO COME TO THE MEETINGS THAT WILL SEEK TO KEEP
5:25:49PM THINGS THE WAY THEY ARE.
5:25:51PM HOPE THESE AREN'T THE ONLY PERSPECTIVES.
5:25:53PM CONSIDER THE NEEDS OF RENTERS AND SENIORS.
5:25:56PM PEOPLE NOT SITTING ON HUNDREDS OF THOUSANDS OF DOLLARS OF
5:25:58PM HOME EQUITY BEFORE THEY PUSH OUT TAMPA FOREVER.
5:26:01PM THIS IS IN ESSENCE WHAT WE'RE TALKING ABOUT TODAY.
5:26:03PM WHO IS PRIORITIZED, WHAT OUR VALUES AS A CITY, CONTINUE TO
5:26:07PM LET WEALTHY HOUSING SECURE PEOPLE DOMINATE POLICY AT THE
5:26:10PM EXPENSE OF OTHERS OR LISTEN TO ALL THE PEOPLE WHO HAVE
5:26:14PM SPOKEN TODAY AND REALIGN OUR RULES TO HAVE A MORE EQUITABLE
5:26:17PM FUTURE.
5:26:18PM THANK YOU.

5:26:18PM I APOLOGIZE FOR THE TECHNICAL MIX-UP ON MY END.
5:26:22PM I APPRECIATE THE TIME TO SPEAK AND I YIELD MY TIME.
5:26:27PM THANK YOU SO MUCH.
5:26:28PM >>GUIDO MANISCALCO: NO PROBLEM.
5:26:28PM THANK YOU FOR SPEAKING WITH US TODAY, SIR.
5:26:31PM THANK YOU VERY MUCH.
5:26:33PM >>BILL CARLSON: MR. CHAIR, I HAVE TO SAY, THERE ARE A COUPLE
5:26:35PM OF GROUPS THAT ARE SPREADING DIVISIVE MESSAGES LIKE THIS IN
5:26:40PM THE COMMUNITY THAT SEEK TO SEPARATE US INSTEAD OF BRINGING
5:26:43PM US TOGETHER.
5:26:44PM THERE'S NO WAY WE ARE GOING TO SOLVE THE PROBLEMS UNLESS ALL
5:26:46PM THE NEIGHBORHOODS AND ALL THE PEOPLE IN THE COMMUNITY CAN
5:26:49PM COME TOGETHER.
5:26:50PM I ASK ANYBODY WHO WANTS TO TRY TO RALLY THE PUBLIC, DO SO
5:26:53PM WITH INTEGRITY AND DON'T TRY TO DIVIDE DIFFERENT AREAS OF
5:26:56PM IT.
5:26:57PM THIS IS NOT CONSTRUCTIVE.
5:26:58PM >>GUIDO MANISCALCO: THANK YOU VERY MUCH, SIR.
5:26:59PM THIS IS THE LAST SECTION.
5:27:10PM >>KAYON HENDERSON: KAYON HENDERSON, DIRECTOR FOR HOUSING AND
5:27:13PM COMMUNITY DEVELOPMENT.
5:27:14PM WE WANT TO CLOSE THIS OUT WHAT THE FINANCE LOOKS LIKE AS IT
5:27:24PM LOOKS WITH AFFORDABLE HOUSING.
5:27:25PM VERY OFTEN WE GET PROJECTS BEFORE US AND WE HAVE TO FIGURE
5:27:28PM OUT HOW ARE THESE AFFORDABLE HOUSING PROJECTS FUNDED.

5:27:30PM SO WE LOOK AT THE CAPITAL STACK OF IT, WHETHER OR NOT THERE
5:27:33PM IS A TAX CREDIT DEAL AND WHY DO PROJECTS NEED SUBSIDIES OR
5:27:39PM HOW MUCH SUBSIDIES THEY NEED SO THEY CAN MOVE FORWARD.
5:27:42PM AS I GO TO THE NEXT SLIDE, I DO WANT TO MENTION WE HEARD IT
5:27:46PM A LITTLE BIT EARLIER THAT THE FIGURES THAT WERE HERE WERE
5:27:50PM NOT REALISTIC FOR CONSTRUCTION.
5:27:53PM THESE WERE WHOLE NUMBERS FOR EXAMPLE PURPOSES AND NOT
5:27:56PM STATING THIS IS THE ACTUAL COST THAT WE WILL TAKE.
5:28:02PM WE LOOKED AT AN EXAMPLE OF A MULTIFAMILY RENTAL FINANCE.
5:28:05PM AND WE'RE LOOKING AT IT ASSUMING THAT THERE IS 150 TOTAL
5:28:09PM UNITS.
5:28:09PM WE WILL LOOK AT THE SOURCES AND USES AND WHEN WE TALK ABOUT
5:28:14PM THE SOURCES IN THE NEXT SLIDE WILL BE USES, WE'RE REALLY
5:28:18PM TRYING TO LOOK AT THE SUMMARY OF WHERE THE CAPITAL IS USED
5:28:21PM TO FUND THE PROJECT WILL COME FROM AND REALLY WHAT IT'S
5:28:25PM GOING TO BE USED FOR.
5:28:26PM ASSUMING THAT WE HAVE 150 TOTAL UNITS FOR MULTIFAMILY AND
5:28:30PM 20% OF THOSE UNITS ARE THEN GOING TO BE AFFORDABLE WITH AN
5:28:34PM AVERAGE RATE, MARKET RATE BEING RENT, SORRY, BEING 2,000.
5:28:39PM AND THEN THAT MAXIMUM CAP RATE OF ABOUT 4.5%.
5:28:44PM REALLY THAT'S GOING TO SHOW, THAT CAP RATE IS GOING TO SHOW
5:28:47PM THE POTENTIAL RATE OF RETURN ON THE REAL ESTATE INVESTMENT.
5:28:50PM FOR EXAMPLE, FOR THIS INVESTMENT PROPERTY, IT WOULD GENERATE
5:28:52PM A NET OPERATING INCOME WHICH WOULD PROBABLY EQUATE TO ABOUT
5:28:55PM 4.5% OF THE PROPERTY VALUE.

5:28:58PM SO HERE WE HAVE JUST THE DIFFERENT SOURCES THAT WE WOULD USE
5:29:04PM AND THEN I'M GOING TO GO TO THE USES AND THEN IT WILL ALL
5:29:08PM TIE BACK TOGETHER WHEN WE HAVE A SIDE BY SIDE OF THESE
5:29:11PM CHARTS.
5:29:11PM SO THE PREVIOUS SLIDE WE SHOWED THE SOURCES.
5:29:16PM WE'RE HERE GOING TO SHOW THE ACTUAL EXPENDITURES USED.
5:29:19PM AGAIN, THE NUMBERS ARE NOT ACTUAL COSTS FOR WHAT IT WOULD
5:29:22PM COST FOR THE CONSTRUCTION.
5:29:23PM THEY ARE REALLY ROUND NUMBERS WE ARE USING.
5:29:27PM ASSUMING THAT WE HAVE THE SOFT COSTS EQUALING ABOUT $10
5:29:32PM MILLION AND BROKEN DOWN WHAT THAT WOULD LOOK LIKE, THE
5:29:34PM ACQUISITION BEING ABOUT ANOTHER 10 MILLION AND THEN THE
5:29:38PM CONSTRUCTION COSTS, WHICH IS A COMBINATION OF THE LOAN
5:29:41PM INTEREST, LABOR, MATERIALS BEING ABOUT 30 MILLION.
5:29:45PM BEFORE WE SAW FOR THE SOURCES, LOOKING AT 50 MILLION AND
5:29:49PM HERE WE HAVE BROKEN DOWN HOW WE'RE GOING TO ACTUALLY SPEND
5:29:52PM THOSE FUNDS.
5:29:53PM THIS IS A BALANCE SHEET.
5:29:59PM SO THIS REALLY MIMICS A STATIC PRO FORMA.
5:30:03PM IT'S REALLY A SIMPLER WAY TO LOOK AT THE DEVELOPMENT
5:30:05PM FEASIBILITY.
5:30:06PM SO A DYNAMIC PRO FORMA IS WHAT DEVELOPERS WILL USE AS THEY
5:30:10PM COME FORWARD WITH PROJECTS.
5:30:11PM IT INCLUDES A RENT ROLE OR WATER FALL ANALYSIS.
5:30:15PM WE ANALYZE THE LIKELY RENT INCOME THROUGH THAT PERIOD.

5:30:20PM AND IN THOSE AREAS, WE WOULD USE REALLY THE INTERNAL RATE OF
5:30:25PM RETURN AS WE MEASURE WHAT THAT PROFITABILITY IS.
5:30:28PM MOST BANKS, INVESTORS, FINANCIAL INSTITUTION, THAT FINANCE
5:30:32PM DEVELOPERS WHETHER IT'S THROUGH EQUITY OR DEBT, THEY ARE
5:30:34PM GOING TO LOOK FOR PROJECTS THAT HAVE A CASH FLOW AND REALLY
5:30:38PM HAVE THAT INTERNAL RATE OF RETURN.
5:30:41PM ONE OF THOSE IS THAT THEY WANT TO MAKE SURE THAT THE LOANS
5:30:43PM ARE ABLE TO BE PAID BACK.
5:30:45PM SO IF WE CAN'T PROVIDE RETURNS, NO ONE REALLY IS GOING TO
5:30:49PM INVEST IN THE PROJECTS TO BEGIN WITH.
5:30:52PM SO IT'S BROKEN IT DOWN HERE SHOWING WHAT THAT MARKET UNIT
5:30:55PM RENT INCOME WOULD BE.
5:30:57PM THE AFFORDABLE RENTAL INCOME BEING ABOUT 360,000.
5:31:01PM AND THEN ALSO LOOKING AT BECAUSE WE KNOW THAT IT'S GOING TO
5:31:04PM BE RENTED AS AN AFFORDABLE UNIT RENTAL INCOME, THAT
5:31:08PM DEVELOPER IS GOING IN TAKING A LOSS.
5:31:11PM THEN WE START TO LOOK AT WHAT THE TOTAL EXPENSES ARE --
5:31:15PM SORRY, THE POTENTIAL INCOME COULD BE, WHICH WOULD BE ABOUT
5:31:18PM 3.2 MILLION.
5:31:19PM THEN WE START LOOKING AT THE EXPENSES, WHAT THAT ANNUAL
5:31:23PM EXPENSE IS, AND BUILDING IN WHAT SOME OF THAT VACANCY AND
5:31:27PM UNPAID RENT IS FOR THE MULTIFAMILY.
5:31:30PM OTHER OPERATING EXPENSES AND THEN LOOKING AT WHAT THAT TOTAL
5:31:34PM AMOUNT RIGHT THERE WOULD BE.
5:31:36PM AS WE LOOK AT THE PROFITABILITY, WHAT IS NECESSARY, THE

5:31:40PM MINIMUM THAT'S NECESSARY TO MAKE A PROFIT, SO ABOUT 5
5:31:43PM MILLION.
5:31:44PM BUT IN SOME CASES WHEN A DEVELOPER IS COMING FORWARD AND
5:31:47PM THEY HAVE TO DO AN AFFORDABLE MULTIFAMILY WITH NO SUBSIDY,
5:31:54PM SOMETIMES THEY ARE GOING IN REALIZING THAT THEY ARE TAKING A
5:31:56PM LOSS AS AN ESTIMATED PROFIT.
5:31:59PM SO THE NEXT SLIDE WHERE WE NOW SHOW THE SOURCES, THE
5:32:03PM DIFFERENT TYPE OF SUBSIDIES AND THE USES.
5:32:06PM SO, AGAIN, VERY WHOLE NUMBERS, WE'RE SHOWING WHERE FOR THE
5:32:10PM USES, IF IT WAS GOING TO COST LET'S SAY $4 MILLION OF THAT
5:32:15PM 10 MILLION FOR SOFT COSTS, THAT WOULD BE IMPACT FEES.
5:32:18PM WELL, IF WE CAN THEN PROVIDE IMPACT FEE WAIVER, THEN THAT IS
5:32:22PM A FORM OF SUBSIDY.
5:32:23PM WHILE IT MIGHT NOT BE A DOLLAR TO THE DEVELOPER DIRECTLY,
5:32:27PM THAT STILL IS A SUBSIDY THAT WILL SAVE ON THE BACK END.
5:32:31PM IN A LOT OF OUR PROJECTS WE'LL DO DISPOSITIONS.
5:32:34PM INFILL PROJECTS WE'VE DONE THE DISPOSITION OF THE LAND.
5:32:37PM SO THAT REDUCES THE COST OF THE LAND TO THAT DEVELOPER.
5:32:40PM AGAIN, ANOTHER FORM OF SUBSIDY THAT WOULD BE ABLE TO
5:32:44PM MAINTAIN AND KEEP THAT UNIT AFFORDABLE.
5:32:46PM I WOULD LIKE TO POINT OUT THAT WE HAVE BROUGHT RECENTLY
5:32:49PM THREE MULTIFAMILY PROJECTS BEFORE COUNCIL THAT WOULD BE
5:32:53PM FUN-LAN, BELMAR PLACE AND ADDERLEY.
5:32:58PM WHEN WE LOOK AT WHAT THE CITY HAS PROVIDED AND THE UNITS
5:33:01PM WE'RE GETTING, I WILL SAY THAT NONE OF THOSE HAVE EXCEEDED

5:33:04PM $40,000 PER UNIT SUBSIDY.
5:33:07PM I JUST WANT TO PUT THAT IN FOR SCALE TO SAY THAT SOMETIMES
5:33:11PM THAT'S HOW FAR THAT SUBSIDY WILL GET US.
5:33:13PM HERE I KNOW WE ALSO TALKED ABOUT HOME OWNERSHIP
5:33:22PM AFFORDABILITY AND HOW DO WE SUBSIDIZE THAT.
5:33:25PM WHEN WE TALK ABOUT WHERE WE CURRENTLY ARE, THE CITY -- THE
5:33:30PM AVERAGE MEDIAN PRICE RIGHT NOW IS $420,000.
5:33:34PM GENERALLY THE CLIENTS THAT WE HAVE THAT COME THROUGH OUR
5:33:38PM DOWN PAYMENT ASSISTANCE PROGRAM ARE GOING TO QUALIFY FOR
5:33:41PM THAT FHA DOWN PAYMENT WHICH MEANS THAT ABOUT 12,000 IS
5:33:45PM NEEDED FOR THE DOWN PAYMENT.
5:33:47PM AND THEN THEY NEED TO GET A PRIMARY LOAN OR MORTGAGE AND
5:33:50PM THEN THEY STILL HAVE TO BRING FUNDS FOR THE CLOSING COSTS.
5:33:53PM SO HERE WE HAVE AND I THINK COUNCIL MEMBER HURTAK MENTIONED
5:33:59PM IT A LITTLE EARLIER, TOO, INCOME LIMITS HAVE CERTAINLY GONE
5:34:02PM UP FROM THE YEAR BEFORE AND WE HAVE NOT YET GOTTEN 2024
5:34:05PM WHERE WE ALSO EXPECT TO SEE ANOTHER INCREASE GO UP.
5:34:08PM HERE WE HAVE THAT IF WE SHOULD HAVE SOMEONE TO FIND A HOME
5:34:16PM ABOUT 420, AVERAGE MEDIAN INCOME PRICE RIGHT NOW, LET'S
5:34:20PM ASSUME SOMEONE AT 80% AMI IS COMING THROUGH OUR PROGRAM TO
5:34:24PM PURCHASE, THE HOUSEHOLD CAN AFFORD $174,000.
5:34:27PM SO THEIR PRIMARY LOAN THAT THEY ARE GOING TO GET IS 174,000.
5:34:32PM SO THE LOAN AMOUNT FOR THE 420, THEY WOULD STILL NOW NEED A
5:34:37PM SUBSIDY AMOUNT OF 233,000 JUST FOR THEM TO CLOSE ON THEIR
5:34:42PM HOME.

5:34:43PM AND WE'RE NOT SAYING THE 233,000 IS COMING DIRECTLY FROM THE
5:34:46PM CITY.
5:34:47PM THAT JUST MEANS THAT IS A GAP THAT THAT HOME BUYER WOULD
5:34:50PM HAVE IN ORDER TO GET INTO THEIR FIRST HOME.
5:34:54PM IT WAS A LOT I UNPACKED.
5:35:02PM I KNOW WE'RE DWINDLING BY NUMBERS BUT I'M OPEN FOR
5:35:06PM QUESTIONS.
5:35:07PM >>CHARLIE MIRANDA: CARLSON.
5:35:10PM >>BILL CARLSON: CAN YOU GO BACK ON THE THREE PROJECTS THAT
5:35:13PM YOU TALKED ABOUT?
5:35:13PM HOW MANY UNITS, DO YOU REMEMBER HOW MANY UNITS PER PROJECT
5:35:18PM WERE 80% AMI OR BELOW?
5:35:23PM >>KAYON HENDERSON: TWO OF THEM WERE 80% OR BELOW.
5:35:27PM ONE PROJECT WAS 100 UNITS AND ONE WAS 128 UNITS.
5:35:31PM THE OTHER ONE BEING FUN-LAN WAS 354 AND I DON'T HAVE THE
5:35:35PM EXACT BREAKDOWN BUT --
5:35:37PM >>BILL CARLSON: OKAY.
5:35:45PM >>KAYON HENDERSON: ONE OF THEM THAT HAD THE HUNDRED UNITS WE
5:35:49PM WERE ABLE TO DEDICATE 11 FOR THOSE EMERGING OUT OF
5:35:52PM HOMELESSNESS.
5:35:56PM >>BILL CARLSON: GREAT.
5:35:56PM CAN YOU GO FORWARD ONE SLIDE, PLEASE?
5:35:58PM YOU TALKED ABOUT MEDIAN HOUSEHOLD INCOME.
5:36:00PM THE AVERAGE HOUSEHOLD INCOME IS LOWER.
5:36:04PM I GUESS THE IMPORTANT POINT IS HOW MANY NEW UNITS ARE COMING

5:36:11PM ONLINE THAT ARE LESS THAN THIS MEDIAN PRICE?
5:36:16PM THE NONPROFITS I TALKED TO IN THE LAST COUPLE OF DAYS SAY
5:36:23PM THEY ARE BUILDING AND SELLING FOR 270.
5:36:25PM WHAT IS THE INVENTORY OF NEW UNITS THAT ARE COMING ON BOARD?
5:36:29PM BECAUSE AS WE'VE SAID, THERE ARE A LOT OF VERY EXPENSIVE
5:36:32PM HOUSES GETTING BUILT AND THEY ARE LOW END ONES, SO THAT
5:36:37PM AFFECTS MEDIAN AND AVERAGE, BUT OF THE ONES THAT ARE BELOW
5:36:42PM 400,000, DO WE KNOW HOW MANY UNITS HAVE COME ONLINE IN THE
5:36:46PM LAST YEAR?
5:36:48PM >>KAYON HENDERSON: I DON'T HAVE AN EXACT NUMBER TODAY, BUT I
5:36:50PM CAN CERTAINLY GET THAT NUMBER FOR YOU.
5:36:52PM BUT I WOULD ALSO MENTION THAT FOR THE NONPROFITS WHO WERE
5:36:56PM BUILT IN AND I'LL USE, LET'S JUST SAY HABITAT, FOR EXAMPLE,
5:37:00PM WE PARTNER WITH HABITAT AND THEY WOULD BUILD TOWNHOMES,
5:37:04PM SINGLE-FAMILY HOMES, BUT FOR THE TOWNHOMES THAT THEY ARE
5:37:07PM BUILDING, WE HAVE A WAITING LIST FOR DOWN PAYMENT ASSISTANCE
5:37:10PM PROGRAM WITH ABOUT 160 INDIVIDUALS.
5:37:12PM SO WHILE THEY ARE BUILDING THE TEN HOMES, WE STILL CANNOT
5:37:16PM MEET THE DEMAND.
5:37:19PM >>BILL CARLSON: EVEN MORE REASON TO FOCUS ON BUYING HOMES
5:37:21PM BECAUSE THERE'S SUCH DEMAND TO BUY.
5:37:24PM I THINK WE NEED TO PUT A GREATER EMPHASIS ON IT.
5:37:26PM I DON'T THINK WE SHOULD PUT 100% EMPHASIS BUT A LOT MORE
5:37:29PM THAN WE ARE NOW.
5:37:31PM I THINK TIED TO OUR GOALS, A GOAL THAT WE CAN ADD IS THE

5:37:38PM NUMBER OF NEW UNITS BELOW THE MEDIAN HOUSEHOLD -- SORRY, THE
5:37:43PM MEDIAN HOME PRICE IN A YEAR.
5:37:47PM SO ULTIMATELY WHAT WE'RE FUNDING IS HAVING THESE HOUSES COME
5:37:52PM UP FOR AVAILABILITY BECAUSE OF THE WIDE MARGIN OF THE
5:37:58PM SUBSIDY YOU SHOWED HERE, IT SHOWS THAT WE NEED MORE OF
5:38:02PM THOSE.
5:38:03PM WE TALK ABOUT AMI AND ALL THAT STUFF, BUT ON THE OTHER END
5:38:06PM OF IT IS WHAT IS THE HOME PRICE THAT PEOPLE CAN AFFORD AND
5:38:10PM WE MIGHT STILL NEED TO SUBSIDIZE IT SOME.
5:38:12PM PROBABLY THE MAXIMUM SUBSIDY IS 100, 150.
5:38:15PM SO WHAT CAN WE DO IF WE'RE INCENTIVIZING, WE'RE
5:38:18PM INCENTIVIZING FOR HOMES TO COME AVAILABLE BELOW 400,
5:38:22PM WHATEVER THE MEDIAN HOUSEHOLD HOME PRICE IS SO WE CAN SELL
5:38:28PM SO MORE CAN BE SOLD.
5:38:29PM AND THEN ULTIMATELY THE FINAL OUTCOME IS WE WANT MORE PEOPLE
5:38:32PM TO OWN HOMES AND ESPECIALLY AS YOU SAID MINORITY HOME
5:38:37PM OWNERSHIP.
5:38:38PM >>CHARLIE MIRANDA: COUNCIL MEMBER HURTAK.
5:38:40PM >>LYNN HURTAK: SO I LEARNED A LOT TODAY, BUT ONE OF THE
5:38:44PM THINGS I LEARNED THAT MAKES ME EVEN MORE WARY EVER DOWN
5:38:51PM PAYMENT ASSISTANCE FOR THIS LARGE OF A GAP IS THE FACT THAT
5:38:54PM WHEN YOU HAVE A SECOND MORTGAGE, YOU CAN'T THEN PERSONALLY
5:39:01PM FUND UPGRADES IF YOU WANT TO -- YOU CAN'T PULL ANOTHER
5:39:06PM MORTGAGE BECAUSE THERE IS ALREADY A SECOND MORTGAGE ON THAT.
5:39:08PM SO THAT CONCERNS ME IN TERMS OF AGAIN JUST OR PUTTING MORE

5:39:15PM INTO HOME OWNERSHIP FOR SINGLE-FAMILY HOMES.
5:39:19PM I REALLY WOULD LOVE TO PUSH MORE HOME OWNERSHIP FOR QUADS,
5:39:24PM PREFERABLY, AND SIX-PLEXES IN MY MIND, BUT DEFINITELY SOME
5:39:29PM MULTIFAMILY PROPERTIES WHERE THE COST PER DOOR IS LOWER.
5:39:33PM AND OBVIOUSLY WE BROUGHT UP WITH A BUNCH OF QUESTIONS TODAY
5:39:37PM ON WHAT THAT MIGHT LOOK LIKE, BUT THIS IS JUST STARK.
5:39:42PM WHILE I THINK IT'S A GOOD IDEA TO FOCUS ON BUILDING OR HOW
5:39:46PM MANY HOMES WE CAN BUILD THAT ARE BELOW MEDIAN, MEDIAN IS
5:39:50PM GOING TO CONSTANTLY CHANGE.
5:39:51PM IF WE BUILD MORE HOMES LIKE THAT THE MEDIAN WILL BE
5:39:54PM AFFECTED.
5:39:55PM MAYBE MEDIAN AT ONE POINT IN TIME TO LOOK AT FOR A YEAR, BUT
5:40:03PM I'M CURIOUS TO SEE HOW THIS ALL PLAYS OUT.
5:40:05PM THOSE ARE JUST SOME OF THE THOUGHTS I HAD.
5:40:12PM >>CHARLIE MIRANDA: COUNCILMAN CARLSON.
5:40:14PM >>BILL CARLSON: BACK TO THE RENTAL FOR A SECOND.
5:40:18PM ONE OF THE BIGGEST CHALLENGES WE'VE HAD IN THE LAST FEW
5:40:20PM YEARS IS PEOPLE COMPLAINING ABOUT THE QUALITY OF HOMES THAT
5:40:24PM THEY ARE RENTING.
5:40:25PM WHAT DO WE PUT IN OUR AGREEMENTS TO MANDATE THAT THEY HAVE
5:40:30PM TO PAINT THE WALLS AND KEEP THE MOLD OUT AND KEEP THE RATS
5:40:36PM OUT AND ALL THOSE THINGS THAT PEOPLE HAVE COME HERE AND
5:40:39PM COMPLAINED TO US ABOUT?
5:40:41PM >>KAYON HENDERSON: ALL OF THE AGREEMENTS THAT WE BRING
5:40:42PM BEFORE COUNCIL, AS LONG AS THE CITY HAS PUT ANY FUNDS IN IT,

5:40:46PM WE HAVE A MONITORING CLAUSE IN IT THAT WE COME TO MONITOR
5:40:50PM BOTH THE FILES TO MAKE SURE THAT THE CLIENTS WHO ARE IN THEM
5:40:54PM ARE INDEED IN THAT CORRECT AMI AS WELL AS WE HAVE THE
5:40:57PM OPPORTUNITY TO INSPECT THE UNITS.
5:41:00PM SO WHEN WE GO OUT TO INSPECT THE UNITS, WE CAN PUT THEM IN
5:41:03PM NONCOMPLIANCE WHERE WE GO BACK UNTIL EVERYTHING IS
5:41:06PM COMPLETED.
5:41:08PM >>BILL CARLSON: DO WE EXPECT THEM ON A -- INSPECT THEM ON A
5:41:11PM REGULAR BASIS OR JUST AD HOC?
5:41:13PM >>KAYON HENDERSON: WE INSPECT AT LEAST ANNUALLY.
5:41:16PM THERE ARE TIMES WE GET PHONE CALLS FROM RESIDENTS ESPECIALLY
5:41:20PM IF THEY KNOW WE FUNDED SO WE CAN ASK FOR A SPECIAL
5:41:24PM INSPECTION.
5:41:28PM >>GWEN HENDERSON: CAN WE APPLY THIS TO ACCESSORY DWELLING
5:41:30PM UNITS WHERE PEOPLE NEED SUPPORT PAYING THEIR RENT OR
5:41:33PM SINGLE-FAMILY HOMES THAT MAY BE AVAILABLE FOR RENT?
5:41:35PM DOES IT HAVE TO BE MULTIFAMILY?
5:41:37PM >>KAYON HENDERSON: I THINK WE WERE TRYING TO SHOW THE SCALE
5:41:41PM FOR MULTIFAMILY AND THEN FOR HOME OWNERSHIP WHAT IT TAKES
5:41:46PM FOR US TO SUBSIDIZE.
5:41:47PM I WILL SAY WE HAVE NOT SUBSIDIZED ANY ADUs AS OF NOW SO I
5:41:52PM DIDN'T BRING AN EXAMPLE.
5:41:53PM >>GWEN HENDERSON: IT WAS JUST A CURIOSITY QUESTION,
5:41:56PM MS. HENDERSON.
5:41:57PM THANK YOU FOR YOUR SUPPORT.

5:41:58PM >>CHARLIE MIRANDA: ANY TYPE OF GRANTS LIKE FOR SOME GRANT
5:42:02PM PROGRAM, MAYBE THE FEDERAL GOVERNMENT -- TO REDUCE THE COST
5:42:08PM OF MAINTENANCE ON THE HOUSE, THE ELECTRIC BILL AND SO ON?
5:42:11PM ANY PROGRAM LIKE THAT?
5:42:13PM JUST ASKING, I DON'T KNOW.
5:42:14PM >>KAYON HENDERSON: NO, NOT THAT I'M AWARE OF.
5:42:17PM >>CHARLIE MIRANDA: THANK YOU.
5:42:17PM ANY FURTHER QUESTIONS ON THIS?
5:42:20PM PUBLIC COMMENT, PLEASE.
5:42:24PM THANK YOU.
5:42:30PM >> GOOD EVENING.
5:42:31PM NATHAN HAGAN.
5:42:35PM HOPEFULLY THIS IS THE LAST YOU HEAR FROM ME FOR A COUPLE OF
5:42:38PM WEEKS.
5:42:39PM I WAS VERY IMPRESSED WITH THE PRESENTATION MADE TODAY.
5:42:42PM WITH THIS SECTION, WHAT I WAS LOOKING FOR WAS US TALKING
5:42:48PM ABOUT THE THING I'M EXCITED ABOUT.
5:42:50PM THE BONUS DENSITY PROGRAM IS STILL SOMETHING I WANT TO SEE
5:42:57PM MORE EXCITEMENT FROM THIS BODY FROM.
5:42:59PM THIS IS A TRADITIONAL PRO FORMA SHARED HERE IN THE MODEL,
5:43:03PM THE FUNDING NEEDED IN CASH FUNDING TO MAKE THESE THINGS
5:43:07PM WORK.
5:43:07PM I WANTED TO SHARE A LAYMAN'S MODEL FOR HOW BONUS DENSITY
5:43:12PM ACHIEVES THE SAME GOAL WITHOUT TAXPAYER FUNDING.
5:43:15PM YOU WOULD STILL HAVE ALL OF THESE GAP FUNDING OPPORTUNITIES

5:43:18PM FROM THE STATE AND FEDERAL AND LOCAL GOVERNMENT.
5:43:22PM I WANT TO SHARE SOME MATH HERE, IF IT WORKS.
5:43:25PM I'M USING THE SAME MODEL THEY DID.
5:43:33PM THERE IS A BUILDING, LET'S ASSUME IT COMES WITH 150 UNITS
5:43:37PM ENTITLED.
5:43:38PM THERE IS NOTHING IN THAT PRO FORMA -- OH, GOD -- NOTHING IN
5:43:44PM THE MODEL THEY SHARED THAT SAID THERE WAS A BONUS REQUIRED.
5:43:47PM LET'S SAY 30 UNITS FROM IT AND THEN YOU LOOK AT WHAT IS THE
5:43:51PM COST OF THE MORTGAGE FOR ALL THE UNITS.
5:43:53PM I DID THE MATH.
5:43:54PM TRUST ME THAT MAYBE IT COSTS THE LANDLORD OR THE BUILDING
5:43:57PM COMPANY $1700 A MONTH AND THEY ONLY EARN ON MARKET UNITS
5:44:02PM $300 PROFIT PER UNIT PER MONTH.
5:44:06PM IF YOU GO AND LOOK AT THE UNIT THAT COSTS A THOUSAND DOLLARS
5:44:09PM INSTEAD OF $2,000 THAT'S SUBSIDIZED, THEY HAVE THE SAME COST
5:44:13PM PER UNIT, BUT THEY NEED A SUBSIDY OF $700.
5:44:17PM I THINK WHAT'S IMPORTANT TO EMPHASIZE IS THAT THERE HAS TO
5:44:20PM BE A RATIO OF MARKET UNITS TO COVER THE SUBSIDY REQUIRED FOR
5:44:25PM EACH SUBSIDIZED UNIT.
5:44:28PM IN THIS CASE IT COSTS $700 FOR THE DEVELOPER TO PROVIDE, THE
5:44:31PM SUBSIDIZED UNIT AND THEY ONLY MAKE A PROFIT OF $300 PER
5:44:35PM MARKET UNIT.
5:44:36PM THEY NEED THREE MARKET UNITS FOR EVERY SUBSIDIZED UNIT.
5:44:40PM THAT'S FOUR UNITS TOTAL.
5:44:42PM THREE MARKET AND ONE SUBSIDIZED.

5:44:46PM THE NUMBER OF MARKET UNITS NEEDED TO MAKE 30 SUBSIDIZED
5:44:49PM UNITS WORK IN THIS MODEL IS 90.
5:44:52PM THE TOTAL BONUS IS 90 PLUS 30 AFFORDABLE UNITS.
5:44:56PM TOTAL NUMBER OF UNITS IN A PROJECT TO SUPPORT 30 AFFORDABLE
5:45:00PM UNITS IS 270.
5:45:02PM SOMETHING WITH CURRENT ENTITLEMENT OF 150 UNITS IN ORDER TO
5:45:05PM ADD 30 UNITS WITH BONUS PROGRAM, BRINGS THE TOTAL NUMBER OF
5:45:08PM UNITS LIKE 270.
5:45:09PM AND THAT MEANS THERE IS A BONUS PERCENTAGE NEEDED WHICH IS
5:45:14PM LIKE 80%.
5:45:15PM TODAY IT'S 10%.
5:45:17PM THIS IS THE REASON WHY WE DON'T SEE AFFORDABLE HOUSING
5:45:19PM BONUSES BEING USED BECAUSE IT NEEDS TO BE LIKE 80 TO 100 TO
5:45:23PM HUNDRED PLUS PERCENT DEPENDING ON THE PROJECT FOR MARKET
5:45:26PM UNITS TO COVER THE SUBSIDIZED UNITS.
5:45:29PM I DON'T DO THIS FOR A LIVING.
5:45:31PM DON'T TRUST ME.
5:45:32PM I'M JUST PUTTING THIS ON YOUR RADAR.
5:45:35PM THERE IS A LAYMAN'S WAY OF THINKING ABOUT THIS.
5:45:37PM IT'S NOT THAT COMPLICATED, I HOPE.
5:45:40PM >>LYNN HURTAK: MR. HAGAN, CAN YOU E-MAIL THAT TO US?
5:45:44PM I WANT TO LOOK AT IT MORE CAREFULLY.
5:45:50PM >> DO YOU HAVE A MODEL LIKE THAT THAT'S MORE FRIENDLY TO
5:45:53PM THEM?
5:45:54PM I'LL SHARE WHAT I HAVE, BUT I KNOW STEPHEN WAS TALKING ABOUT

5:45:58PM THIS.
5:45:59PM >>LYNN HURTAK: THANK YOU.
5:46:01PM >>CHARLIE MIRANDA: NEXT.
5:46:02PM >> ROBIN LOCKETT.
5:46:03PM I'LL THROW A QUESTION OUT THERE BECAUSE MR. MIRANDA SAID,
5:46:09PM INQUIRED SOMETHING ABOUT SOLAR PANELS.
5:46:13PM SO WHEN WE'RE PUTTING MONEY WITH A PROJECT, IS THERE A WAY
5:46:18PM THAT WE CAN AUTOMATICALLY START UTILIZING SOLAR PANELS,
5:46:23PM PUTTING IT ON TOP OF THE BUILDINGS OR THE PROPERTIES? THAT
5:46:30PM IS A QUESTION.
5:46:31PM RETALIATION FOR THE APARTMENTS AND MULTIFAMILY APARTMENTS
5:46:39PM THAT WE ARE AFFILIATED WITH.
5:46:41PM PEOPLE RENT.
5:46:44PM THEY COMPLAIN.
5:46:45PM THE APARTMENT IS NOT TAKEN CARE OF.
5:46:46PM WE PAY FOR IT AND THEN EVERYTHING IS DROPPED. IS THERE A
5:46:51PM TITLE CLAUSE THAT CAN BE CREATED IN REGARDS TO IF A PERSON
5:46:55PM COMPLAINS, RETALIATION BECAUSE LANDLORDS AND MANAGEMENT
5:46:58PM COMPANIES, THAT'S WHAT THEY DO.
5:46:59PM THEY KICK PEOPLE OUT WHEN THEY SHOW CONCERN.
5:47:03PM JUST GETTING INTO THE MINDSET OF, AGAIN, LOOKING THROUGH THE
5:47:08PM OTHER LENS AND PROTECTING TENANTS WHEN IT'S TAXPAYER MONEY
5:47:13PM THAT'S HELPING PUSH THESE THINGS THROUGH.
5:47:17PM HOW DO WE PROTECT THE TENANTS WITH THAT.
5:47:21PM JUST SOLAR PANELS AND THAT.

5:47:23PM I HAD A QUESTION.
5:47:24PM AGAIN, A PART OF THE PUZZLE I THINK IS GREAT.
5:47:28PM >>CHARLIE MIRANDA: ANYONE ELSE IN THE AUDIENCE?
5:47:29PM ANYONE ONLINE?
5:47:31PM MS. BENNETT, ARE YOU ONLINE?
5:47:44PM >> I AM.
5:47:48PM I DON'T THINK I HAVE ANYTHING OF VALUE TO ADD TO THE
5:47:50PM CONVERSATION.
5:47:50PM I FIND IT VERY INTERESTING.
5:47:52PM >>CHARLIE MIRANDA: THANK YOU VERY MUCH FOR PARTICIPATING
5:47:54PM TODAY.
5:47:55PM MR. CARLSON.
5:47:58PM >>BILL CARLSON: STEPHEN AND NATHAN, MAYBE WE CAN TALK ABOUT
5:48:02PM THIS OFF-LINE, BUT LET'S SAY I JUST TRIED TO MAKE UP A
5:48:06PM MODEL.
5:48:06PM LET'S SAY THERE ARE TEN LOTS IN AN AREA.
5:48:11PM IF WE ALLOWED -- WE CAN ALLOW BONUS DENSITY, BUT IF ONE OF
5:48:18PM THEM -- IF ONE OF THE TEN LOTS TAKES BONUS DENSITY AND GET
5:48:22PM TEN MORE UNITS OR WE -- AND THOSE ARE SET AT AFFORDABLE OR
5:48:28PM WE COULD ALLOW EVERYBODY TO HAVE THE SAME RIGHTS WITHOUT
5:48:31PM BONUS DENSITY SO THE DEVELOPMENTS GET BUILT FASTER, THEN
5:48:34PM THERE ARE A HUNDRED UNITS BECAUSE WE DIDN'T SET BONUS
5:48:38PM DENSITY, THERE ARE A HUNDRED UNITS.
5:48:41PM NONE OF THOSE ARE AFFORDABLE.
5:48:43PM BUT NOW WE'VE GOT A HUNDRED MORE UNITS THAT WE NEED FOR

5:48:46PM MIDDLE MARKET OR WHATEVER AND WE'RE COLLECTING PROPERTY
5:48:50PM TAXES ON THOSE HUNDRED UNITS AND WE COULD TAKE THE PROPERTY
5:48:53PM TAXES AND PLOW IT INTO SUBSIDIZING, HELPING PEOPLE BUY HOMES
5:48:57PM OR RENT, CORRECT?
5:48:59PM MY POINT IS THAT I THINK EITHER WAY WE'RE SUBSIDIZING.
5:49:04PM WE ARE SUBSIDIZING BONUS DENSITY BECAUSE WE'RE NOT ALLOWING
5:49:07PM OTHER DEVELOPERS TO BUILD SOMETHING BY RIGHT AND WE'RE
5:49:09PM SLOWING DOWN THE PROCESS BY CREATING MORE BUREAUCRACY.
5:49:16PM >>STEPHEN BENSON: STEPHEN BENSON, CITY PLANNING.
5:49:19PM I DON'T KNOW I WOULD AGREE THAT WE HAVE EVEN GIVEN ENOUGH
5:49:22PM INFORMATION TO YOU YET TO SAY THAT THE BONUS IS GOING TO BE
5:49:26PM SLOWER.
5:49:27PM WE STILL HAVE A LONG WAY TO GO IN TERMS OF FIGURING OUT THE
5:49:30PM DETAILS OF IT.
5:49:31PM I UNDERSTAND THERE'S PROBABLY FEEDBACK BASED ON THE CURRENT
5:49:34PM BONUS PROGRAM BUT MOST OF MY SLIDES WERE ABOUT ALL THE
5:49:36PM THINGS WE WANT TO CHANGE ABOUT THE CURRENT BONUS PROGRAM
5:49:39PM BECAUSE WE KNOW THERE ARE WAYS IT CAN BE MADE MORE
5:49:42PM EFFECTIVE.
5:49:43PM WE HEAR YOU BUT DON'T KNOW THAT WE'RE READY TO PUT IT DOWN
5:49:46PM BECAUSE WE JUST PICKED IT UP.
5:49:48PM >>BILL CARLSON: WE CAN TALK ABOUT IT OFF-LINE BUT MAYBE ALSO
5:49:51PM DO A FOCUS GROUP OF DEVELOPERS AND JUST SAY BASED ON ALL THE
5:49:55PM CHANGES DO YOU BELIEVE THIS WILL GO FASTER?
5:49:57PM DO YOU THINK IT'S SIGNIFICANT?

5:49:58PM WOULD YOU BE INCENTIVIZED BY THIS?
5:50:01PM GO THROUGH ALL THE TROUBLE AND DON'T DO IT, WE MISS AN
5:50:04PM OPPORTUNITY TO GIVE IT TO THEM BY RIGHT.
5:50:06PM WE NEED HOUSES OF SO MANY DIFFERENT TYPES THAT TO ME IT
5:50:09PM SEEMS LIKE WHERE WE CAN GIVE THEM BY RIGHT SOMETHING LET'S
5:50:12PM JUST DO IT AND THEN COLLECT THE TAX AND SUBSIDIZE SOMETHING
5:50:17PM SOMEWHERE ELSE.
5:50:19PM >>LYNN HURTAK: THANK YOU.
5:50:19PM I AGREE TO SOME -- I THINK WE CAN PROVIDE ASSISTANCE TO
5:50:27PM MARKET RATE TO SOME DEGREE, BUT WE'RE REALLY HERE TO TALK
5:50:30PM ABOUT AFFORDABLE BECAUSE THIS IS THE BEST LEVERAGE WE HAVE.
5:50:34PM IT'S NOT A STICK.
5:50:36PM IT'S A CARROT.
5:50:37PM IN ORDER TO HAVE -- WE NEED MORE CARROTS WHICH, OF COURSE,
5:50:41PM ARE MY FAVORITES.
5:50:42PM MORE CARROTS.
5:50:46PM THERE'S NOTHING TO SAY THAT IN OUR LAND DEVELOPMENT CODE AS
5:50:49PM WE IMPROVE IT THAT WE AREN'T ALLOWING MARKET RATE TO ALSO
5:50:54PM HAVE SOME BONUS.
5:50:56PM BUT THIS IS THE ONLY WAY WE CAN REALLY INCENTIVIZE OTHER
5:51:01PM PEOPLE TO PAY FOR AFFORDABLE HOUSING.
5:51:04PM I THINK THAT'S KIND OF THE POINT.
5:51:07PM >>BILL CARLSON: MY POINT IS THAT AS WAS DISCUSSED EARLIER BY
5:51:13PM THE COMMUNITY, WE NEED MORE UNITS OF ALL TYPES AND HOPEFULLY
5:51:16PM PUTTING A LOT MORE SUPPLY ON THE MARKET WILL BRING PRICES

5:51:20PM DOWN.
5:51:21PM THE OTHER THING IS IF WE ALLOW BY RIGHT IN THE MODEL I
5:51:24PM CREATED, IF SOMEBODY TAKES ADVANTAGE OF BONUS DENSITY AND
5:51:27PM GET 10 AFFORDABLE UNITS OR GIVE TEN LOTS THAT SAME THING BY
5:51:31PM RIGHT THEN WE GET A HUNDRED UNITS BUT WE'RE -- WE GET MORE
5:51:35PM UNITS AND WE'RE COLLECTING TAXES ON IT THAT WE WOULDN'T HAVE
5:51:38PM COLLECTED BECAUSE THEY WOULDN'T BE ABLE TO BUILD THAT THE
5:51:40PM COMMUNITY IS MISSING OUT ON THE POSSIBLE INVENTORY.
5:51:43PM THEN WE TAKE THE TAXES AND INVEST, WE'RE STILL PROVIDING A
5:51:47PM CARROT, JUST A DIFFERENT CARROT.
5:51:49PM >>LYNN HURTAK: I DON'T DISAGREE, BUT THE OTHER LAYER OF THIS
5:51:53PM IS WE WANT TO PUT THESE LOTS -- WE WANT TO FOCUS THEM IN
5:51:59PM AREAS.
5:52:01PM IF WE HAD INCLUSIONARY ZONING, I THINK THAT WOULD WORK, BUT
5:52:05PM WE DON'T HAVE INCLUSIONARY ZONING AND THE STATE OF FLORIDA
5:52:08PM WON'T ALLOW THAT.
5:52:10PM SO THEN -- I MEAN, WE ALREADY HAVE A LIMITED NUMBER OF
5:52:13PM PLACES WHERE WE CAN BUILD THAT KIND OF DENSITY.
5:52:15PM SO AT SOME POINT WE'LL RUN OUT OF SPACES TO PUT AFFORDABLE
5:52:19PM HOUSING.
5:52:21PM I JUST -- I DON'T KNOW.
5:52:22PM I THINK IT'S WORTH A CONVERSATION, THOUGH, FOR SURE.
5:52:25PM >>CHARLIE MIRANDA: ANYONE ELSE?
5:52:31PM >>ALIS DRUMGO: AS WE MENTIONED THIS IS AN ONGOING
5:52:33PM CONVERSATION.

5:52:34PM WE'RE JUST STARTING TO DIVE INTO A LOT OF THAT WITH THE
5:52:37PM BONUS CALIBRATION, UPDATES, UPDATES TO THE LAND DEVELOPMENT
5:52:40PM CODE.
5:52:41PM BUT WE ARE AT THE END OF OUR PRESENTATION.
5:52:44PM JUST THINKING ABOUT THE NEXT STEPS OR WHAT'S NEXT FOR US.
5:52:50PM WOULD HAVE LOVED TO HAVE ALL SEVEN OF YOU CLOSING OUT WITH
5:52:53PM US BECAUSE LIKE I MENTIONED TO KICK THIS OFF, WE STARTED
5:52:58PM THIS WITH 20 MONTHS OF CONVERSATION, OF BACK AND FORTH, OF
5:53:03PM COMMUNITY MEETINGS, WORKSHOPS THROUGH THE CRA.
5:53:06PM BEFORE I GET INTO THIS CLOSEOUT SLIDE, I'M GOING TO THANK
5:53:10PM EVERYBODY ON THE TEAM BECAUSE IT REALLY WAS AN ALL HANDS ON
5:53:14PM DECK EXERCISE.
5:53:15PM [ APPLAUSE ]
5:53:15PM FOR THE TEAM.
5:53:18PM I KNOW THAT ADMINISTRATOR TRAVIS WOULD SAY THE SAME IF SHE
5:53:22PM WERE HERE WITH US TODAY.
5:53:23PM FROM THE TEAM, ALL THE THINGS WE HAVE TO DO, THE PLANNING
5:53:29PM STAFF, OUR HOUSING TEAM TOOK ON QUITE A BIT WHEN THEY WERE
5:53:33PM EVALUATING THE PROGRAMS.
5:53:35PM OUR CRAs, ALL THE WORKSHOPS WE DID LAST SUMMER WHEN
5:53:39PM DIRECTOR MOODY STARTED HER JOB.
5:53:43PM THIS HAS BEEN VERY COMPLEX.
5:53:44PM THE SUPPORT THAT WE RECEIVE FROM OUR PURCHASING TEAM AND THE
5:53:48PM CFO, ALL OF THAT MATTERED.
5:53:50PM THAT'S YOUR ENTIRE CITY STAFF AT WORK FOR A MAJOR ISSUE.

5:53:54PM I JUST WANTED TO POINT THAT OUT.
5:53:57PM NOW THAT WE'VE ONLY GOT FOUR, COUNCILMAN CARLSON, I LOOK TO
5:54:00PM YOU.
5:54:01PM I'M LOOKING FOR SOME AFFIRMATION ON THE CLT.
5:54:04PM I KNEW I HAD ONE LAST OPPORTUNITY.
5:54:05PM I NEED A PARTIAL THUMB UP FROM YOU.
5:54:09PM >>BILL CARLSON: I MENTIONED I WANT TO WORK ON THE MODEL.
5:54:13PM AT THE BEGINNING OF THE MEETING, I MENTIONED THAT WE
5:54:16PM PROBABLY COULDN'T -- ALL THIS INFORMATION LEADS TO A WHOLE
5:54:19PM BUNCH OF QUESTIONS AND THINGS.
5:54:22PM I THINK WE OUGHT TO HAVE A FOLLOW-UP WORKSHOP ON THE NEXT --
5:54:26PM WE DON'T HAVE ANYTHING ON MAY 29.
5:54:29PM I THINK WE SHOULD HAVE A FOLLOW-UP WORKSHOP.
5:54:31PM BY THE WAY, WE'VE BEEN WORKING ON THIS STUFF FOR YEARS AND
5:54:34PM SOME THINGS WE CAN GO FAST ON AND SOME THINGS WE NEED TO GO
5:54:37PM LONGER ON.
5:54:38PM THERE ARE PROGRAMS HAPPENING RIGHT NOW.
5:54:39PM KAYON TALKED ABOUT THE PROGRAMS AND ALL THE RESULTS THAT WE
5:54:42PM GOT LAST YEAR, THOUSANDS OF PEOPLE WE TOUCH, IT'S NOT LIKE
5:54:45PM WE'RE DOING NOTHING.
5:54:46PM WHAT WE'RE TRYING TO DO IS ADD A LOT MORE MONEY AND ENHANCE
5:54:48PM IT.
5:54:49PM BUT REMEMBER THAT THERE'S AN OPPORTUNITY COST FOR
5:54:52PM EVERYTHING.
5:54:52PM AS MUCH AS EVERYBODY HERE TODAY IS TALKING ABOUT AFFORDABLE

5:54:55PM HOUSING, THERE IS A WHOLE BUNCH OF PEOPLE WHO DON'T HAVE
5:54:58PM THAT AS THE NUMBER ONE ISSUE.
5:54:59PM WE'VE GOT TO SHOW THAT WE ARE BEING GOOD CUSTODIANS OF THE
5:55:03PM MONEY AND GETTING THE BEST RETURN POSSIBLE ON THE MONEY THAT
5:55:05PM THEY ARE INVESTING IN THIS.
5:55:08PM HAVING ANOTHER DISCUSSION ABOUT ALL THIS I THINK IS USEFUL
5:55:11PM AND IT'S GOOD FOR US TO DEBATE AND ARGUE TO SOME EXTENT SO
5:55:14PM WE CAN GET THE RIGHT SOLUTION.
5:55:18PM I HAD MY OWN RESEARCHERS GO ONLINE.
5:55:20PM THERE'S NO SILVER BULLET.
5:55:21PM THERE'S NO MAGIC SOLUTION THAT WE CAN JUST SAY, OH, HERE IS
5:55:24PM A SOLUTION, WE BRING IT DOWN.
5:55:26PM YOU ALL SPENT 20 MONTHS WORKING ON IT.
5:55:28PM I SPENT THE LAST FEW YEARS, BUT ALSO 36 HOURS LOOKING AT.
5:55:32PM IF THERE WAS AN EASY SOLUTION, WE WOULD ALL BUY IN AND MOVE
5:55:36PM FORWARD.
5:55:36PM EVERYTHING IS COMPLICATED.
5:55:37PM ALL THE NEW STUFF IS COMPLICATED.
5:55:39PM IT IS WORTH MAKING SURE FOR THE PUBLIC, WHAT HAPPENS IF WE
5:55:43PM HAVE THE COMMUNITY LAND TRUST AND ONE LITTLE THING IS WRONG
5:55:47PM IN IT AND THE PEOPLE WHO BOUGHT THEIR HOMES SOMEHOW GET
5:55:50PM CHEATED OUT.
5:55:51PM WE'LL FEEL REALLY BAD THAT WE DIDN'T TAKE THE TIME TO MAKE
5:55:54PM SURE IT WAS RIGHT.
5:55:55PM WE HAVE THINGS GOING ON BUT WANT TO MAKE SURE ALL THE NEW

5:55:59PM STUFF IS AS EFFECTIVE AS POSSIBLE AND THAT IT WORKS.
5:56:02PM I WOULD PROPOSE ANOTHER WORKSHOP.
5:56:09PM >>ALIS DRUMGO: I WAS JUST ABOUT TO SAY THERE'S NO CALL FOR A
5:56:12PM VOTE.
5:56:13PM I WAS ONLY LOOKING FOR POTENTIAL SUPPORT SINCE YOU ARE THE
5:56:17PM ONLY PERSON WHO COULD KIND OF MOVE ME IN THAT DIRECTION SO
5:56:20PM WE COULD KEEP GOING.
5:56:21PM THE CLT IS THE ONLY NEW CONCEPT YOU HEARD TODAY.
5:56:24PM EVERYTHING ELSE ARE PROGRAMS WE HAVE ACTIVE.
5:56:26PM WE'RE JUST TALKING ABOUT INVESTMENT PROGRAMMATICALLY.
5:56:31PM I WANTED TO SHARE SOME OF THE EXPECTATIONS OF THE THINGS
5:56:33PM WE'RE DOING ON TOP OF ALL THE GOOD WORK YOU HEARD TODAY.
5:56:37PM BUT THE REQUEST FOR APPLICATIONS, WE'RE EXPECTING TO ROW
5:56:41PM LEASE THAT TO OUR PURCHASING TEAM SO WE CAN START TAKING
5:56:44PM ROLLING APPLICATIONS FOR PROJECTS.
5:56:45PM THOSE PROJECTS WILL HAVE TO COME BACK BEFORE COUNCIL.
5:56:48PM DIRECTOR HENDERSON, SHE MENTIONED THAT IN HER PORTION OF THE
5:56:52PM PRESENTATION.
5:56:52PM DEPUTY ADMINISTRATOR FEELEY TALKED TO YOU ABOUT THE CODE
5:56:56PM REFORM, THAT CONTRACT COMING BACK BEFORE COUNCIL AS WELL,
5:57:00PM YOU CAN EXPECT TO SEE THAT IN THE COMING MONTHS.
5:57:02PM STRATEGIC ACQUISITIONS.
5:57:04PM THAT WAS SOMETHING THAT WAS ALWAYS A PLAN FOR US.
5:57:06PM WE HAD THE MONEY IN THE BUDGET TO DO THE BULK OF THAT AND
5:57:12PM UTILIZE DOLLARS FOR STRATEGIC ACQUISITIONS FIRST IN CRAs,

5:57:15PM IN OTHER AREAS WHERE WE COULD GO OUT AND ACQUIRE PROPERTY TO
5:57:19PM SUPPORT AFFORDABLE HOUSING.
5:57:20PM SO WE'LL DO THAT WITHOUT HAVING ANY CONSIDERATIONS OF DEBT.
5:57:24PM YOU'LL START TO SEE THOSE CONTRACTS COME FORWARD TO YOU.
5:57:28PM ALSO TAKE A LOOK AT OUR ACQUISITION POLICY AS WE DISCUSSED
5:57:31PM IT TODAY SINCE THAT IS AN ADMINISTRATIVE FUNCTION FOR THE
5:57:37PM MAYOR.
5:57:37PM WHAT WE WOULD LIKE TO BE ABLE TO DO, THOUGH, YOU MENTIONED A
5:57:41PM FOLLOW-UP WORKSHOP.
5:57:41PM IT'S PERFECT.
5:57:42PM WE'RE RECOMMENDING A FOLLOW-UP WORKSHOP.
5:57:45PM BUT THE DIFFERENCE HERE IS THAT IN THIS RECOMMENDATION FOR
5:57:48PM FOLLOW-UP WORKSHOP, IF YOU LOOK AT YOUR PRESENTATION, WE HAD
5:57:51PM A SUBSET OF MEDIUM AND POTENTIAL LONG-TERM ACTIONS.
5:57:55PM THEY ARE ALL EMBEDDED IN THE PRESENTATION.
5:57:57PM THOSE ARE IDEAS THAT WE WOULD LIKE TO FLESH OUT AND HAVE
5:58:01PM DISCUSSIONS WITH YOU THAT COULD FURTHER MOVE US ALONG WITH
5:58:04PM AFFORDABLE HOUSING.
5:58:04PM SO WE WOULD LIKE TO TARGET THAT WORKSHOP FOR THE FIRST
5:58:09PM QUARTER OF FISCAL YEAR '25 SO WE CAN GO OUT AND DO SOME OF
5:58:12PM THE THINGS THAT WE'VE ALREADY GOT ON THE BOOKS.
5:58:15PM WE WOULD LIKE TO TARGET THAT WORKSHOP FOR SIX TO SEVEN
5:58:19PM MONTHS OUT BUT ALSO GIVE US THE OPPORTUNITY TO TAKE SOME OF
5:58:22PM THE FEEDBACK HERE AND TO INTERWEAVE THAT INTO THE QUARTERLY
5:58:27PM UPDATES YOU ALREADY RECEIVE.

5:58:28PM IF COUNCIL IS COMFORTABLE WITH THAT, WE WOULD LIKE TO BE
5:58:30PM ABLE TO INTEGRATE THIS IMPLEMENTATION PROGRESS, INTEGRATE
5:58:34PM OUR PROGRESS INTO THE QUARTERLY REPORTS THAT WE TYPICALLY
5:58:38PM PROVIDE.
5:58:39PM I SEE SOME CALLS FOR QUESTIONS, SO I'LL STOP.
5:58:43PM >>CHARLIE MIRANDA: COUNCIL MEMBER HURTAK.
5:58:44PM >>LYNN HURTAK: THANK YOU.
5:58:49PM RETURN TO THE PERFECT IS THE MEAN OF THE GOOD.
5:58:52PM I THINK WHAT YOU ALL BROUGHT TODAY IS GOOD.
5:58:54PM IT'S WONDERFUL.
5:58:56PM IS IT EVER GOING TO BE PERFECT, NO, BECAUSE NONE OF US ARE
5:58:59PM PERFECT.
5:59:00PM BUT IT HAS COTTAGE CHEESE AND HAS CARROTS AND WHATEVER ELSE
5:59:03PM YOU ALL LOVE IN A GOOD SALAD BAR.
5:59:08PM I HAD A QUESTION ABOUT THE RFA RELEASE.
5:59:14PM I DON'T KNOW -- WHAT IS MEANT BY THAT?
5:59:18PM THANK YOU.
5:59:22PM I APPRECIATE IT.
5:59:26PM >>KAYON HENDERSON: KAYON HENDERSON.
5:59:27PM SO WE ARE LOOKING TO RELEASE THE APPLICATION.
5:59:31PM I'LL GIVE AN EXAMPLE.
5:59:32PM VERY SIMILAR LAST YEAR WE CAME BEFORE WITH THE PITTMAN
5:59:35PM GROUP.
5:59:36PM WE RELEASED OPEN RFA THAT ALLOWS SOMEONE TO REALLY PROPOSE A
5:59:41PM PROJECT TO US AND COME BEFORE US WITH A PROJECT.

5:59:43PM INSTEAD OF SAYING THAT THIS IS EXACTLY WHAT WE HAVE AND WHAT
5:59:47PM WE'RE LOOKING FOR REALLY ALLOWS DIFFERENT DEVELOPERS TO COME
5:59:50PM FORWARD WITH THEIR PROJECTS TOWARDS WHAT WE HAVE SO WE CAN
5:59:53PM FUND.
5:59:53PM >>GWEN HENDERSON: [INAUDIBLE]
5:59:57PM >>KAYON HENDERSON: THAT IS CORRECT.
5:59:58PM >>LYNN HURTAK: THANK YOU.
5:59:59PM THAT'S WHAT I THOUGHT.
6:00:00PM I WANT TO MAKE SURE THE PUBLIC UNDERSTOOD THAT THAT IS
6:00:02PM REALLY TAKING THE WEIGHT OFF OF US AND ALLOWING THE
6:00:07PM DEVELOPMENT COMMUNITY TO COME TO US.
6:00:08PM AND THEN THE ONLY OTHER RECOMMENDATION IS THAT MAYBE WE
6:00:14PM SHOULD DO SOME INDIVIDUAL MEETINGS TO KIND OF FIGURE OUT
6:00:18PM WHERE WE ARE.
6:00:20PM I KNOW THAT COUNCIL MEMBER CARLSON HAD MENTIONED WORKSHOP IN
6:00:25PM MAY, BUT WE DON'T HAVE ANYTHING ON THAT COUNCIL WORKSHOP.
6:00:29PM WE HAVE THREE THINGS.
6:00:31PM I'M JUST SAYING, I MEAN, IF WE NEEDED TO DO SOMETHING, IF
6:00:36PM YOU WANTED TO BRING BACK, SAY, A CONVERSATION AROUND
6:00:39PM COMMUNITY LAND TRUST AGAIN, THAT MIGHT BE SOMETHING THAT WE
6:00:43PM COULD DO ON THAT TIME BECAUSE WE ONLY HAVE THREE ITEMS ON
6:00:45PM THAT WORKSHOP.
6:00:46PM I'M JUST GOING TO PUT THAT IN YOUR ALL'S HEADS.
6:00:51PM YEAH, ON THE 23rd.
6:00:53PM WE DON'T OFTEN HAVE -- THAT'S ALREADY A SET WORKSHOP DAY.

6:00:58PM WE DON'T OFTEN HAVE OPENINGS.
6:00:59PM JUST GOING TO THROW THAT OUT THERE FOR YOU.
6:01:01PM >>CHARLIE MIRANDA: ANY OTHER COUNCIL MEMBER?
6:01:03PM MR. CARLSON.
6:01:04PM >>BILL CARLSON: I SAID THIS TWO OR THREE TIMES THROUGHOUT
6:01:08PM AND ALIS AND I HAD LONG CONVERSATIONS ABOUT IT.
6:01:11PM I THINK WE NEED TO MOVE OUT OF THE DEVELOPMENT BUSINESS AND
6:01:14PM INTO FUNDING IN A WAY THAT GIVES US A WAY TO COMPARE.
6:01:20PM WE CAN DISCUSS AND DEBATE THIS AND PUT IT ON THE AGENDA IF
6:01:24PM YOU WANT.
6:01:24PM BUT I THINK WE NEED TO SET AN AMOUNT.
6:01:27PM YOU SAID THAT YOU WERE ABLE TO FUND SOME UNITS 36,000 PER
6:01:32PM UNIT AND THEN WE HAD A PROPOSAL FOR 375,000 PER UNIT.
6:01:36PM INSTEAD OF HAPHAZARDLY LISTING THE PROPOSALS, I THINK WE
6:01:40PM OUGHT TO SAY OUR SUBSIDY FOR X IS THIS AND JUST TO MAKE UP A
6:01:47PM NUMBER, IF WE SAID, IF YOU HAVE A ONE-BEDROOM UNIT AT -- FOR
6:01:52PM 30 YEARS, 80% OR BELOW AMI WE'LL GIVE YOU 150,000.
6:01:56PM IF IT'S TWO BEDROOM, 200,000 OR WHATEVER.
6:01:59PM AND THEN THAT IS THE SET AMOUNT OR PUT A RANGE.
6:02:05PM BUT THEN IF THIS -- THIS ALLOWS US THE DIVERSITY OF NOT JUST
6:02:09PM HAVING A WHOLE BUILDING OF AFFORDABLE HOUSING BUT HAVING
6:02:12PM AFFORDABLE HOUSING UNITS WITHIN.
6:02:15PM SO SOMEBODY COULD ADD A FEW UNITS IN, DO DUPLEXES,
6:02:19PM ET CETERA, BUT THEN PEOPLE WILL COME AND NOT JUST PITCH
6:02:21PM THEIR WHOLE DEAL WHICH CAUSES US TO USE A LOT OF STAFF TIME

6:02:25PM TO TRY TO HELP THEM WITH THE FINANCING.
6:02:27PM NONPROFITS AND FOR PROFITS HAVE EXPERTISE ALREADY AND THEY
6:02:29PM HAVE ACCESS TO FUNDING, SO LET'S JUST MAKE IT REALLY SIMPLE
6:02:33PM AND PROVIDE A PER UNIT SUBSIDY AND THEY CAN APPLY FOR THAT
6:02:36PM ON A PER UNIT BASIS.
6:02:37PM DON'T HAVE TO DO THE BIG DEALS.
6:02:41PM >>LYNN HURTAK: YOU NEED YOUR MIKE.
6:02:43PM >>CHARLIE MIRANDA: EVERYTHING DEPENDS ON THE AVAILABILITY OF
6:02:46PM MONEY.
6:02:47PM IN OTHER WORDS, IF WE WERE IN 2008, WE WOULDN'T BE TALKING
6:02:50PM ABOUT ANYTHING BECAUSE HAD NO MONEY.
6:02:54PM 2014.
6:02:57PM YOU HAVE TO TAKE ADVANTAGE OF WHAT YOU HAVE WHEN YOU HAVE IT
6:02:59PM IN FRONT OF YOU.
6:03:00PM EVEN WHEN YOU HAVE IT IN FRONT OF YOU, ANYTHING CAN HAPPEN
6:03:03PM ON THE WAY TO IT.
6:03:04PM I'M NOT AGAINST EVERYTHING NOR AM I FOR EVERYTHING.
6:03:07PM BUT WITHIN THAT, THERE'S ALWAYS AVAILABILITY TO DO THINGS
6:03:12PM THE RIGHT WAY THE FIRST TIME.
6:03:14PM I DON'T WANT TO DO THINGS TWICE.
6:03:16PM I WANT TO DO THEM THE FIRST TIME.
6:03:18PM COUNCIL MEMBER HURTAK.
6:03:22PM >>LYNN HURTAK: THANK YOU.
6:03:23PM I KNOW THAT WE KEEP THINKING BACK TO THAT DECEMBER CRA
6:03:28PM MEETING WHERE WE HAD THESE DEVELOPMENTS THAT CAME IN FRONT

6:03:31PM OF US THAT WEREN'T -- THAT WE DIDN'T APPROVE BECAUSE WE
6:03:35PM DIDN'T THINK THAT THAT WAS A WORTHWHILE AMOUNT OF MONEY, THE
6:03:40PM 375,000 PER DOOR, BUT I ALSO WANT TO REMIND YOU THAT THE
6:03:45PM REASON THEY CAME IN FRONT OF US IS BECAUSE STAFF HAD NOT
6:03:49PM FINISHED THE PROCESS THAT THESE DEVELOPMENT DEALS WOULD HAVE
6:03:56PM TO GO THROUGH.
6:03:57PM I BELIEVE, HOW ARE YOU ON THOSE, HOW IS THAT -- YOU CAN
6:04:03PM EXPLAIN THAT MORE ELOQUENTLY THAN I JUST DID.
6:04:05PM CAN YOU EXPLAIN WHERE YOU ARE IN THAT PROCESS?
6:04:09PM >>ALIS DRUMGO: I'M GOING TO DO THIS INSTEAD.
6:04:11PM I'LL TAKE YOU BACK TO THIS PARTICULAR SLIDE IN THE
6:04:16PM PRESENTATION BECAUSE I THINK, YOU KNOW, YOU'RE ASKING ABOUT
6:04:19PM THE CRA PROJECTS AND WHY LD AND D CAME IN AND ASKED FOR THE
6:04:24PM $14 MILLION.
6:04:25PM DIRECTOR HENDERSON EXPLAINED TO YOU THAT THERE ARE DIFFERENT
6:04:28PM WAYS THAT YOU CAN GET IN THE GAP.
6:04:30PM SHE SHARED WITH YOU, IF YOU LOOK HERE WHERE YOU SEE THE
6:04:33PM INVESTOR EQUITY AND THEY KNOW THEIR EXPENSES, GUESS WHAT,
6:04:36PM THEY DON'T HAVE ANY OTHER FINANCIAL INCENTIVES LIKE TAX
6:04:41PM CREDITS THAT ARE GOING TO REDUCE THE COST OF THAT
6:04:44PM CONSTRUCTION.
6:04:45PM WHERE THEY'VE GOT A $200 MILLION PROJECT.
6:04:48PM THE LD AND D GROUP, WHEN THEY CAME IN, THEY WERE ONLY
6:04:52PM FILLING THE GAP THAT WAS REQUESTED BY YOUR CAC.
6:04:55PM SO WHAT THEY WERE LOOKING AT, THE GAP THAT THEY REQUESTED

6:04:58PM AND WE CONTINUE TO HARP ON THE $14 MILLION, IF YOU WOULD
6:05:01PM HAVE SETTLED FOR A LESSER OF AN AMI REDUCTION THERE ON THE
6:05:06PM AREA MEDIAN INCOME AND WENT MORE WORKFORCE, THEN THAT WOULD
6:05:09PM HAVE WORKED.
6:05:10PM INSTEAD YOUR CAC WANTED 80% AFFORDABILITY.
6:05:14PM SO I THINK THAT WHEN YOU LOOK AT FILLING THOSE GAPS, THAT'S
6:05:17PM THE BUY-DOWN FROM MARKET.
6:05:19PM THAT'S A BUY-DOWN FROM THE MARKET RENT FROM $2,000 A MONTH
6:05:24PM TO THE DIRECT COST OF PROVIDING THAT TARGET AMI.
6:05:29PM SO THAT'S WHY THAT NUMBER WAS SO GREAT.
6:05:32PM NOW, I'M NOT SAYING THAT IT IS A THOUSAND PERCENT THAT YOU
6:05:38PM SHOULD PURSUE THAT, BUT WHEN THEY ARE GIVING YOU THE
6:05:41PM OPPORTUNITY, LISTEN, I'LL BUILD YOU 200 MARKET RATE UNITS OR
6:05:45PM 160 MARKET AND 40 AFFORDABLE AT AMI THAT YOU CHOOSE FOR A
6:05:49PM CERTAIN PERIOD, A TIME CERTAIN, THEN ALL WE ARE ASKING YOU
6:05:53PM FOR IS TO DISCOUNT OUR TAXES FOR 30 YEARS.
6:05:56PM THAT'S NO CASH OUT OF POCKET.
6:05:57PM YOU STILL GET THE PROJECT ONLINE THAT YOU'LL COLLECT THE
6:06:00PM TAXES FROM DOWN THE LINE.
6:06:02PM I KNOW THAT TAX REBATES ARE NOT ALWAYS I WOULD SAY LIKE A
6:06:06PM FUN THING TO DISCUSS HERE.
6:06:08PM BUT THE OTHER PART ON THE FINANCIALS, WHEN YOU TALK ABOUT
6:06:11PM THE GRANTS AND OUR GRANT PROCESSES, WE ARE REFINING THE
6:06:15PM GRANT PROCESSES.
6:06:16PM THERE ARE PROJECTS THAT COME THROUGH THE DOOR THAT ARE NOT

6:06:19PM ALWAYS GOING TO BE FORTHCOMING ABOUT THIS DISTRIBUTION THAT
6:06:22PM YOU SEE ON YOUR SCREEN.
6:06:23PM THEY WILL NOT SHARE WITH US HOW THEY STACK THEIR MONEY.
6:06:25PM THEY WILL NOT SHARE WITH US WHAT THEIR RATES ARE.
6:06:28PM THEY WILL NOT SHARE WITH US, IF YOU LOOK HERE, YOU SEE THE
6:06:32PM CAP RATE ON THIS OTHER SLIDE OF 4.5%.
6:06:36PM THAT'S SUPER LOW, BY THE WAY, THAT 4.5% CAP RATE.
6:06:41PM LIKE THE PRIME RATE ON MONEY IS SO MUCH HIGHER NOW TO BORROW
6:06:45PM MONEY.
6:06:45PM UNLESS THE DEVELOPERS ARE WILLING TO GIVE US THEIR CAP
6:06:50PM RATES, INTERNAL RATE OF RETURNS, THEIR NET OPERATING INCOME,
6:06:54PM IF THEY DON'T COME TO US WITH THAT INFORMATION AND WE KICK
6:06:56PM THEM OUT, WE NEED YOU ALL TO STAND FIRM AND SAY THAT YOU
6:07:00PM DIDN'T GIVE THE STAFF WHAT THEY NEEDED BECAUSE OTHERWISE
6:07:02PM THEY KEEP CALLING YOU.
6:07:04PM THEY COME IN AND SAY WE WANT TO GO TO THE BOARD.
6:07:06PM WE WANT TO GO TO CRA.
6:07:07PM WE WANT TO GO SEE THEM AND ASK THEM FOR THE MONEY.
6:07:11PM OUR REPUTATION SAYS WE SHOULD BE ABLE TO ASK YOU FOR THIS
6:07:14PM MONEY.
6:07:15PM I HAVE TO PUSH BACK A LITTLE BIT BECAUSE WE'RE GOING TO
6:07:18PM DEFINE THE PROCESS BUT EVEN WITHIN THAT PROCESS, IF WE DON'T
6:07:21PM GET THE RIGHT NUMBERS, WE WON'T BRING YOU A PROJECT.
6:07:24PM BUT THEY ASK, SO WE BROUGHT THEM TO YOU.
6:07:26PM >>LYNN HURTAK: THAT'S WHY I WANTED TO ASK THAT QUESTION

6:07:30PM BECAUSE I KNOW WE'LL HAVE PROCESSES GOING FORWARD.
6:07:32PM IS THAT SOMETHING THAT WE CAN PUT INTO PLAY?
6:07:35PM IS THAT A POLICY WE CAN SAY THAT IF YOU WON'T SHARE YOUR PRO
6:07:39PM FORMA, WE'RE NOT GOING TO --
6:07:41PM >>ALIS DRUMGO: WHEN WE REQUIRE THAT INTAKE, THAT IS A PART
6:07:44PM OF THE PROCESS THAT WE'RE CURRENTLY DEVELOPING WITH OUR
6:07:48PM DEPUTY CITY ATTORNEY MR. MASSEY.
6:07:50PM AND WE'RE REFINING THAT GRANT PROCESS.
6:07:53PM WE ARE GOING TO ASK SPECIFICALLY FOR ALL OF THIS
6:07:55PM INFORMATION.
6:07:56PM IF WE DO NOT GET IT, YOU DO NOT GET TO GO FORWARD.
6:07:59PM IF YOU WOULD LIKE FOR ALL OF THE PROJECTS TO CARRY A STAFF
6:08:02PM RECOMMENDATION TO ENSURE WE HAVE REVIEWED THEM, BY ALL
6:08:05PM MEANS, EMPOWER US AND WE'LL TELL YOU.
6:08:07PM WE'LL REVIEW THE NUMBERS AND TELL THEM THEY CAN'T MAKE IT TO
6:08:10PM YOU BECAUSE THEIR NUMBERS ARE OFF.
6:08:12PM >>LYNN HURTAK: THAT'S SOMETHING THAT WE CAN INCLUDE IN THIS
6:08:15PM POSSIBLE POLICY?
6:08:16PM >>ALIS DRUMGO: ABSOLUTELY.
6:08:17PM >>LYNN HURTAK: OKAY.
6:08:18PM GREAT.
6:08:19PM FOR ME AT LEAST, I DON'T KNOW THAT WE HAVE THAT ABILITY.
6:08:23PM SO WHEN YOU MENTION IT, IT CAN BE VERY HELPFUL.
6:08:26PM >>ALIS DRUMGO: IT IS A POLICY OF THE CRA BOARD.
6:08:28PM AS THE CRA THAT IS YOUR BOARD POLICY ON GRANT SUBMITTALS,

6:08:34PM GRANT REQUESTS.
6:08:35PM >>BILL CARLSON: ANYTHING LIKE THAT THAT YOU HAVE OR
6:08:37PM RECOMMEND, PLEASE LET US KNOW.
6:08:39PM YOU AND I TALKED ABOUT THIS BEFORE OFF-LINE, TOO.
6:08:42PM IT WASTES YOUR TIME AND OUR TIME IF SOMEBODY IS LOBBYING US.
6:08:47PM I KNOW WHEN YOU SAY NO THEY STILL COME BACK.
6:08:50PM THAT'S WHY I THINK -- WHATEVER RULES WE CAN PUT IN WOULD BE
6:08:55PM BETTER TO TRY TO HELP YOU ALL, BUT THAT'S WHY I ALSO THINK
6:08:58PM WE SHOULD PROVIDE A DOLLAR AMOUNT OR A RANGE FOR DIFFERENT
6:09:03PM LEVELS.
6:09:04PM IF SOMEBODY COMES IN AT 350 OR 375 PER UNIT, YOU ALL SHOULD
6:09:08PM BE ABLE TO SAY, NO, THAT'S WAY ABOVE OUR RANGE.
6:09:11PM EVEN IF THEY WON'T SHARE THE NUMBERS, WITH THE CURRENT
6:09:14PM MARKET CONDITIONS WE'RE NOT GOING TO SUBSIDIZE ANY MORE THAN
6:09:17PM THAT.
6:09:18PM THE AMOUNT WE SUBSIDIZE IS THIS.
6:09:20PM IF YOU CAN'T WORK WITH IT, FINE.
6:09:22PM THE OTHER THING IS YOU KNOW THIS AND I'LL SAY THIS OVER AND
6:09:29PM OVER AGAIN.
6:09:29PM I DON'T LIKE TAX REBATES.
6:09:31PM PEOPLE THINK THAT WHEN THEY PAY TAXES IT'S THEIR MONEY.
6:09:34PM IT'S NOT.
6:09:34PM IT'S THE COMMUNITY'S MONEY.
6:09:36PM IF THEY GET TO KEEP THEIR TAXES THAT MEANS THEY ARE NOT
6:09:39PM PAYING THEIR FAIR SHARE OF POLICE AND FIRE AND PEOPLE ARE

6:09:42PM WORRIED ABOUT PUBLIC SAFETY AND THEY DON'T THINK IT'S FAIR
6:09:44PM THAT SOME PEOPLE DON'T PAY THEIR FAIR SHARE.
6:09:47PM I WANT TO END ON A POSITIVE NOTE AND HOPEFULLY THE LAST
6:09:50PM THING I'LL SAY TODAY.
6:09:51PM THE PITTMAN GROUP AS AN EXAMPLE I WAS SO IMPRESSED WITH THEM
6:09:55PM AND MET THEM BECAUSE OF YOU ALL PICKING THEM.
6:10:00PM I SPENT TIME WITH THEM.
6:10:02PM SPEAK IN SOME PLACES.
6:10:03PM THEY ARE INCREDIBLY IMPRESSIVE.
6:10:05PM HERE ARE TWO OR THREE GUYS FROM TAMPA.
6:10:10PM THEY WENT TO TAMPA BAY TECH, BUT THEN -- I GUESS FLORIDA.
6:10:15PM THEN THEY WENT TO ATLANTA AND THEY DECIDED TO BRING THEIR
6:10:18PM EXPERTISE BACK TO TAMPA.
6:10:20PM THAT HAPPENED IN PART BECAUSE YOU ALL CONVINCED THEM TO COME
6:10:22PM OR YOU WORKED WITH THEM AND YOU ALL INSPIRED THEM TO WORK ON
6:10:26PM THEIR HOMETOWN AND BUILD THINGS.
6:10:29PM THEY ARE ENTREPRENEURS.
6:10:31PM THEY HAVE EXPERTISE.
6:10:32PM THEY ARE GIVING BACK TO THE COMMUNITY.
6:10:33PM THEY INSPIRED ME TO GO TO TAMPA BAY TECH.
6:10:36PM NOW I'M PERSONALLY GETTING INVOLVED IN TAMPA BAY TECH,
6:10:38PM SUPPORTING THEIR ENTREPRENEURSHIP PROGRAM.
6:10:40PM BUT THE OTHER THING, I HAVE TO TELL YOU THIS ONE STORY.
6:10:43PM I WAS WALKING THROUGH WATER STREET THE OTHER DAY AND ONE OF
6:10:45PM THE GUYS SAID COUNCILMAN CARLSON AND I LOOKED OVER, SAID

6:10:49PM HEY.
6:10:49PM HE SAID, HEY, I WANT TO INTRODUCE TO YOU MY FRIEND.
6:10:52PM THIS IS MY FRIEND FROM ATLANTA.
6:10:54PM I'M TRYING TO RECRUIT HIM TO MOVE TO TAMPA.
6:10:56PM I JUST WANT TO THANK YOU ALL FOR INSPIRING PEOPLE LIKE THAT
6:10:59PM TO COME BACK AND INVEST IN OUR COMMUNITY.
6:11:04PM >>KAYON HENDERSON: IF I COULD JUST, I THINK WHILE DEPUTY
6:11:07PM ADMINISTRATOR DRUMGO WAS SPEAKING, WE DO HAVE IN RFPs, WE
6:11:13PM BUILD IN A PER UNIT MAXIMUM.
6:11:15PM IN ALL THE RFPs WE DO, WE BUILD THAT IN SO THEY CANNOT
6:11:19PM EXCEED IT.
6:11:20PM HOWEVER IF THEY DON'T LIKE IT AND COME DURING PUBLIC
6:11:23PM COMMENT, THAT'S OBVIOUSLY SOMETHING COMPLETELY DIFFERENT.
6:11:25PM WE WON'T BRING A PROJECT BEFORE THAT EXCEEDS THAT AMOUNT IN
6:11:28PM OUR RFP OR RFA.
6:11:33PM >>CHARLIE MIRANDA: BEFORE CITY COUNCIL, ANYONE ELSE?
6:11:35PM I KNOW WE'RE NOT SUPPOSED TO MAKE MOTIONS TODAY.
6:11:43PM NEXT WEEK WE HAVE ONE OF OUR BEST VIDEO TECHNICAL SUPPORT
6:11:46PM COORDINATORS WHO HAS BEEN HERE FOR 38 YEARS, AND HE'S
6:11:51PM RETIRING NEXT WEEK.
6:11:52PM THAT'S DAN FOGLIA NEXT DOOR.
6:11:55PM I WOULD LIKE TO MAKE A PRESENTATION TO MR. FOGLIA NEXT WEEK,
6:11:58PM IF POSSIBLE.
6:11:59PM ALL IN FAVOR OF THE MOTION PLEASE SIGNIFY BY SAYING AYE.
6:12:02PM MOTION MADE BY MIRANDA.

6:12:04PM SECOND BY COUNCIL MEMBER CARLSON.
6:12:05PM I NEED TWO WORDS.
6:12:11PM YES, I'M SORRY.
6:12:12PM >>GWEN HENDERSON: THIS ONE IS REALLY TO PROVIDE A
6:12:25PM COMMENDATION TO THE CITY OF TAMPA'S 2024 WOMEN'S HISTORY
6:12:30PM COMMITTEE TO PRESENT ON-SITE AT THEIR ANNUAL WOMEN'S HISTORY
6:12:34PM MONTH CELEBRATION AT THE TAMPA BAY HISTORY CENTER NEXT WEEK.
6:12:38PM >>CHARLIE MIRANDA: MOTION BY COUNCIL MEMBER HENDERSON,
6:12:41PM SECOND BY COUNCIL MEMBER HURTAK.
6:12:43PM ALL IN FAVOR OF THE MOTION PLEASE SIGNIFY BY SAYING AYE.
6:12:46PM OPPOSED NAY.
6:12:47PM AYES HAVE IT UNANIMOUSLY.
6:12:49PM >>GWEN HENDERSON: MOTION TO RECEIVE AND FILE.
6:12:50PM >>CHARLIE MIRANDA: MOTION BY COUNCIL MEMBER HENDERSON,
6:12:52PM SECOND BY COUNCIL MEMBER CARLSON.
6:12:53PM GOD BLESS AMERICA.
6:12:55PM [ SOUNDING GAVEL ]

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