1A6323025820B84F872587A5005A7EB0 Hearing Summary CLICS/CLICS2021A/commsumm.nsf PUBLICBILL SUMMARY For DISCUSSION AND VOTING ON FUNDING ALLOCATIONSINTERIM COMMITTEE AFFORDABLE HOUSING TRANSFORMATIONAL TASK FORCEDate 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.