Thank you very much.

Good evening, and thank you for coming to this evening's uh housing and urban development uh community development committee meeting Thursday, September 24th.

Um my name is Scott Bjornsen.

I'm going to be filling in.

I am the vice chair, and I'm filling in for Chair Laura.

Um I would like to start off with introductions down here to our left Julie Minor representing INCOG.

Robert Winchester representing financial institutions, Ryan Lynch, uh appointed by the mayor's office.

Daniel Jeffries told the planning office representative.

And our first uh business is to approve the minutes of the July meeting.

Do I have motion to approve?

I still move.

Do I have a second?

Second.

All in favor.

Great.

And this evening is our um plan year 2025 CAPER presentation by grants administration.

We need a motion and a vote to enter the CAPER public hearing.

Do I have a motion to enter the hearing?

I think we present.

Present first.

Oh, sorry.

Presentation first.

So we can go forward.

Just some quick caveats on this.

Uh again, this is just uh presentation on accomplishments.

It's like not a roadmap.

Um the figures are subject to change as we do year-end closing, our accounting department are still moving some year-end invoices from this year to last year, so there may be some slight changes.

Um it also includes accomplishments.

So this is for the first year of our 2025 to 2029 consolidated plan.

However, as you guys are fully aware, some of our projects cross over years.

So it does include some carrier projects from our previous consolidated plan.

The agenda today will just uh quick overview of the caper, uh, share our accomplishments by expenditures and national objectives and goals, etc.

And then some key takeaways and on where we are with our consolidated plan and next steps, and then just some questions and close in.

So for those those who are not aware of what a caper is, we we have a plan, a consolidated plan and annual action plans, and then each year, based on that annual action plan, we submit a caper to HUD saying, hey, this is what we plan to do with the money, and this is what we've actually done.

Uh, so the public can see where the money's been spent and the goals that are being achieved.

Uh allows the public to come in and comment and just provide transparency.

Uh this is the first year, as I said, of our 2025-2029 consolidated plan, and the caper period that's covered is July 1 through June 30, 2026.

Um had us three main objectives.

Those are providing decent housing, expanding economic opportunity, and creating suitable living environments.

So had classes that are anybody below 80% of the area medium income.

Uh for a household of four during our plan year, that was anyone below 7250.

Um this pie chart just reset represents the expenditures by objective.

Um, as you can see, uh decent housing.

Expended the most entitlement funds in this program year, and we'll go more in detail on that.

It also includes um C D B G C V.

Um, there's no admin costs included in this.

We we finished up our coronavirus money.

We we're done with that now.

We've we're it's it's all gone, so there is a little bit of CDBG C V included in our plan in our in our report.

So decent housing.

Um these were the goals that were in our these were the five-year goals.

Uh, these are the goals that were in our annual plan.

So as you can see there, um, we're a little bit under some of these, but reason being so rental units constructed typically um home projects.

That's that's what we're gonna spend that money.

Home projects can take up to like two years, three years sometimes, depending on funding.

Uh as you as you guys are aware, we we get a lot of people that come one year and then come back the following year to try and get more additional money for that project.

So that goal there, we're hoping will be achieved within the next one to two years.

Um direct assistance to financial home buyers.

Um, again, we we had nine in there.

Uh we we got nine down payments.