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1A6323025820B84F872587A5005A7EB0 Hearing Summary




PUBLIC
BILL SUMMARY For DISCUSSION AND VOTING ON FUNDING ALLOCATIONS

INTERIM COMMITTEE  AFFORDABLE HOUSING TRANSFORMATIONAL TASK FORCE
Date Dec 8, 2021      
Location Old State Library



Discussion and Voting on Funding Allocations - Committee Discussion Only


09:28:29 AM  
There was a discussion
about other recommendations folded into recommendations A and C.  A
task force member noted that Recommendation H, sustainable rental assistance,
is currently in both recommendations A and C, but rental assistance is
awarded  as a grant, rather than loan.  The task force agreed
to remove  recommendation H from the larger recommendation A and include
H only in the larger recommendation C.

09:29:49 AM  
Representative Roberts
discussed including the Governor's proposal on green energy solely in recommendation
A.  Will Toor suggested that the proposal should be in both recommendations
A and C and explained how grant funding is used for the program.

09:34:20 AM  
Task force members
discussed inclusion of the Governor's sustainable communities proposal
within recommendation C, rather than recommendation A.  Representatives
from DOLA indicated that the proposal should stay in both recommendations
A and C, but that local governments may prefer grants, especially for infrastructure.

09:37:23 AM  
Task force members
discussed the inclusion of recommendations B, gap financing with expansion
of of tax credit and other funding programs, and D, maintain existing affordable
housing, within Recommendations A and C.  Ms. George indicated that
recommendation B is a core part of what DOLA provides for housing projects
involving CHFA.  She indicated that a property must have significant
cash flow to qualify for loan financing, while properties with low cash
flow may need a grant.  Ms. George suggested that flexibility is needed
for both situations and that recomendations B and D should be included
in recommendations A and C.
09:41:26 AM  
The task force agreed
to move the Governor's proposal on strong communities from recommendation
A to C.  The word "sustainable" is corrected to "strong".

09:44:44 AM  
There was a discussion
about the perceived lesser impact of recommendations E, resident owned
communities, mobile home parks, and land banking; F, property conversion
for transitional or long-term housing; G, permanent supportive housing
and supportive services fund; and J, modular housing.  The task force
talked about moving these recommendations and their funding into recommendations
A and C.  


Several members
discussed the positive impact of the recommendations on home ownership,
building inter-generational wealth, the transformational nature of the
recommendations, and increasing the supply of affordable housing.

09:51:52 AM  
The task force discussed
the Governor's proposal on homelessness and the amount of funding the other
task forces may provide.
09:55:53 AM  
Mr. Bornstein indicated
that the Behavioral Health Transformational Task Force is recommending
$54 million be allocated to transformational and supportive housing.  While
the charges of the task forces may not directly overlap, Mr. Bornstein
indicated that the Affordable Housing subpanel envisioned some matching
frunds from the Behavioral Health Transformational task force.

10:01:37 AM  
Ms. George proposed
adding a statement of support to recommendations F and G and indicating
that these recommendations may be funded through other task forces.  

Task force members discussed folding recommendations F and G into both
recommendations A and C, and allocating funding from recommendations F
and G to other recommendations.


10:05:37 AM
Motion Keep recommendations F, property conversion for transitional or long-term housing, and G, permanent supportive housing and supportive services fund, on the list of recommendations, but do not allocate funds to these recommendations.
Moved Bridges
Seconded Will Toor
Bridges
Rick Garcia
Alison George
Hisey Excused
Jodeh
Jeff Kraft
Pico
Kristin Toombs
Will Toor
Cris White
Woodrow
Woodward
Woog
Zenzinger
Gonzales
Roberts
YES: 0   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  Pass Without Objection
10:10:20 AM  
Several members voiced
a preference for providing more funding for recommendations A and C.  A
member suggested that funding between A and C should be equal.  A
motion was made to divide $60 million from recommendations F and G equally
between recommendations A and C.  



The motion was withdrawn.


The task force discussed providing more funding for recommendation J, modular
housing, perhaps another $8 million to bring the total funding to $40 million.
 Several task force members discussed how recommendation J may be
less likely to be funded through other task forces.  

10:18:38 AM  
The task force discussed
recommendation J, modular housing, and the impact of funding.  A motion
was made by Representative Roberts and seconded by Will Toor to provide
an additional $8 million for recommendation J, bringing the total funding
to $40 million.  


A substitute motion
was made by Representative Woodrow and seconded by Representative Roberts
to provide an additional $18 million for recommendation J, bringing the
total funding to $40 million.  


Representative
Woodrow withdrew his substitute motion.  Representative Roberts withdrew
the first motion.
10:25:03 AM  
The task force members
discussed allocating funds to recommendations, either by dollar amount
or percentage.
10:28:18 AM  
The task force discussed
allocating $60 million to recommendations A and C from funding previously
allocated to recommendations F and G.   A member suggested allocating
equal amounts of funding to both recommendations A and C, bringing the
totals to $149 million each; and increasing recommendation J to $50 million.
  Another member proposed allocating $150 million each for recommendations
A and C, and reducing funding to recommendation J.

10:34:46 AM  
The task force took
a recess.
10:35:02 AM  
The task force came back to order.
10:44:53 AM  
The task force discussed
a 60 percent to 40 percent split of money between recommendations A and
C with the intent that the money would go further.  

There was a discussion about funding for each item within a larger recommendation.
 The task force determined that an allocation is for the total recommendation,
and does not specify funding for items within each total recommendation.



10:46:48 AM
Motion Adjust funding of recommendations for a total of $400 million to include: recommendation A, revolving loan fund, $150 million or 37.5 percent of funds; recommendation C, nonprofit and local government grants, $150 million or 37.5 percent of funds; recommendation E, resident owned communities, mobile home parks, and land banking, $35 million or 8.75 percent of funds; recommendation J, modular housing, and Governor's innovative housing proposal, $40 million or 10 percent; and Governor's CHFA missing middle proposal, 25 million or 6.25 percent of funds.
Moved Gonzales
Seconded Bridges
Bridges Yes
Rick Garcia Yes
Alison George Yes
Hisey Excused
Jodeh Yes
Jeff Kraft Yes
Pico No
Kristin Toombs Yes
Will Toor Yes
Cris White Yes
Woodrow Yes
Woodward Yes
Woog Yes
Zenzinger Yes
Gonzales Yes
Roberts Yes
YES: 14   NO: 1   EXC: 1   ABS:  0   FINAL ACTION:  PASS


10:48:02 AM
Motion Adopt the total funding package recommendations, as amended by the task force.
Moved Gonzales
Seconded Jodeh
Bridges Yes
Rick Garcia Yes
Alison George Yes
Hisey Yes
Jodeh Yes
Jeff Kraft Yes
Pico No
Kristin Toombs Yes
Will Toor Yes
Cris White Yes
Woodrow Yes
Woodward Yes
Woog Yes
Zenzinger Yes
Gonzales Yes
Roberts Yes
YES: 15   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS
10:51:44 AM  
Members discussed
possible bills related to recommendations of the task force, including
funding and specific elements in the larger recommendations.

10:53:36 AM  
The task force discussed
how the final report will be drafted.

10:58:30 AM  
Representative Roberts
indicated that the committee must approve the report by January 11, 2022,
with submission to the General Assembly and Governor on January 21, 2022.
 The chair indicated that the task force will need to see the report
before January 11 to provide feedback.  The subpanel also requested
time to review the report.