##VIDEO ID:gCQakYklsmM##  MY NAME IS LIZ BREADON, DISTRICT NINE CITY COUNCILOR AND I AM THE CHAIR OF THE BOSTON CITY COUNCIL COMMITTEE ON HOUSING AND COMMUNITY DEVELOPMENT. TODAY IS OCTOBER 18TH, 2024 IN ACCORDANCE WITH THE JUMP WITH CHAPTER TWO OF THE ACTS OF 2023 MODIFYING CERTAIN REQUIREMENTS FOR THE OPEN MEETING LAW AND RELIEVING PUBLIC BODIES OF CERTAIN REQUIREMENTS INCLUDING THE REQUIREMENT THAT PUBLIC BODIES CONDUCT ITS MEETINGS IN A PUBLIC PLACE THAT IS OPEN AND PHYSICALLY ACCESSIBLE TO PUBLIC. THE CITY COUNCIL WILL BE CONDUCTING THIS HEARING VIRTUALLY VIA ZOOM. THIS HEARING IS BEING.  THIS HEARING IS BEING RECORDED . IT IS ALSO BEING LIVESTREAMED AT BOSTON TOPGOLF BACKSLASH CITY COUNCIL TV AND BROADCAST ON EXTENDED CHANNEL EIGHT RCN CHANNEL 82 AND FIREHOUSE CHANNEL 964. WRITTEN COMMENTS MAY BE SENT TO THE COMMITTEE EMAIL C C DOGS HOUSING AT BOSTON GARDENS AND WILL BE MADE PART OF THE PUBLIC RECORD OF AVAILABLE TO ALL COUNCILORS. PUBLIC TESTIMONY WILL BE TAKEN AT THE END OF THIS HEARING. INDIVIDUALS WILL BE CALLED IN THE ORDER IN WHICH THEY HAVE SIGNED UP AND WILL HAVE 2 MINUTES TO TESTIFY. IF YOU WISH TO SIGN UP FOR PUBLIC TESTIMONY AND HAVE NOT DONE SO PLEASE EMAIL OUR CENTRAL STAFF LIAISON RON COBB AT RON ERWIN DOT COBB C O BP AT BOSTON BOSTON.COM FOR THE ZOOM LINK UNDER NAME YOUR NAME WILL BE ADDED TO THE LIST DOCKET.  TODAY'S HEARING IS ON DOCKET 1165. MESSAGE AN ORDER AUTHORIZING THE CITY OF BOSTON TO ACCEPT AND EXPAND THE AMOUNT OF $50 MILLION IN THE FORM OF A GRANT FROM.  THE COMMONWEALTH DATA PROGRAM AWARDED BY THE MASSACHUSETTS HOUSING FINANCE AGENCY AGENCY TO BE ADMINISTERED BY THE MAYOR'S OFFICE OF HOUSING. THE GRANT WILL FUND THE GRANT WILL FUND THE CREATION OF WORKFORCE HOMEOWNERSHIP HOUSING UNITS AND THE LONG TERM AVAILABILITY OF THOSE UNITS TO TWO ELIGIBLE MODERATE INCOME HOUSEHOLDS. THIS MATTER WAS SPONSORED BY MAYOR MICHELLE WU AND WAS REFERRED TO THE COMMITTEE ON AUGUST 12TH, 2020 FOR THIS MORNING WE HAVE A PANEL FROM THE MAYOR'S OFFICE OF HOUSING. RICK WILSON IS THE DIRECTOR OF ADMINISTRATION AND FINANCE AND CHRISTINE O'KEEFE IS THE DIRECTOR OF NEIGHBORHOOD HOUSING IN THE MAYOR'S OFFICE OF HOUSING THE CITY OF BOSTON. GOOD MORNING, EVERYONE.  THANK YOU SO MUCH FOR BEING HERE ON A FRIDAY MORNING RICK. I THINK YOUR FIRST STOP AND YOU HAVE THE FLOOR.  THANKS, COUNSELOR. I'M JUST GOING TO SHARE MY SCREEN AND THEN I'M GOING TO TURN IT OVER TO THE TO GO THROUGH THAT PRESENTATION THAT WE PREPARED. VERY GOOD. THANK YOU.  I CAN MAKE THIS UP IF YOU'RE ON THE NETWORK. YES.  GREAT. CHRISTINE, GREAT. THANK YOU SO MUCH AND GOOD MORNING, COUNCILOR . AS MENTIONED EARLIER, MLH IS REQUESTING AN APPROVAL OF $50 MILLION OF FUNDING FOR MASS HOUSING FROM THEIR COMMONWEALTH BUILDING PROGRAM. WITH THIS REQUEST IT'LL BRING THE TOTAL AUTHORIZATION TO $100 MILLION BALANCE HOUSING HAS CREATED THE COMMONWEALTH BUILDER PROGRAM ALSO KNOWN AS GWB TO CREATE AFFORDABLE HOMEOWNERSHIP HOUSING UP TO 100 120% OF THE AREA MEDIAN INCOME ACROSS THE STATE.  BUT WITHIN BOSTON THEIR FUNDS TYPICALLY SUPPORT PROJECTS UP TO 100% OF THE AREA MEDIAN INCOME TO MATCH MLH PROGRAMS.  IN SEPTEMBER OF 2021 MASS HOUSING GRANTED EM A WAGE $25 MILLION FOR ELIGIBLE PROJECTS IN SEPTEMBER OF 2023 MASS HOUSING INCREASE THE GRANT OF $50 MILLION WHICH HAS BEEN USED TO FUND UP TO 299 HOME OWNERSHIP UNITS THROUGHOUT THE CITY, M.O. AND MASS HOUSING HAVE ENTERED INTO AN AGREEMENT ON HOW BEST TO COORDINATE ON AWARDING THE FUNDS TO STREAMLINE THE PROCESS FOR DEVELOPERS. APPLICANTS MUST APPLY TO BOTH MLH AND MASS HOUSING UNDER OUR RESPECTIVE REQUEST FOR PROPOSALS, MLH WILL TAKE THE LEAD ON WORKING WITH THE DEVELOPER TO SUBMIT THEIR APPLICATIONS. BOTH PARTIES REVIEW APPLICATIONS WITH MLH TAKING THE LEAD ON THE UNDERWRITING AND GATHERING ADDITIONAL DETAILS, MLH WILL MAKE A RECOMMENDATION TO MASS HOUSING SUPPORTING THE DEVELOPER'S REQUEST. MASS HOUSING WILL THEN BRING THEIR PROPOSAL TO THEIR BOARD AND IF APPROVED WILL ISSUE A COMMITMENT LETTER. MLH WILL THEN TAKE THE LEAD ON WITH THE DEVELOPER TO THE FINANCE PROCESS PROCESS IN A REQUISITION OUR CONSTRUCTION SPECIALISTS WILL MONITOR THE PROJECTS DURING THE CONSTRUCTION TERM WE'LL WORK WITH THE DEVELOPER ON MARKETING OF THE UNITS. TO DATE THE MAJORITY OF THE PROJECTS HAVE BEEN MARKETED USING THE BOSTON HOME CENTER ONCE ALL UNITS ARE SOLD MLH WILL TAKE THE LEAD ON MONITORING THE COMPLIANCE OF ALL HOMES AND AT THE TIME OF FINANCE CLOSING MLH I'M SORRY MASS HOUSING WILL TRANSFER THE FUNDS TO MLH MASS HOUSING AND M.O. EACH MEET EVERY TWO WEEKS TO DISCUSS PROJECT STATUS AND TO ENSURE THAT WE'RE HELPING WITH PROJECTS. ALONG THE NEXT SLIDE WE'LL SHOW YOU A LIST OF PROJECTS CURRENTLY APPROVED USING THE FUNDS.  AS I MENTIONED, 299 UNITS HAVE BEEN AWARDED TO DATE AND THEY ARE IN VARIOUS NEIGHBORHOODS FROM DORCHESTER EAST BOSTON,  JAMAICA PLAIN, MATTAPAN AND ROXBURY.  WE HAVE SEVERAL DIFFERENT PROJECTS THERE AND THEN WE HAVE ALSO PROVIDED SOME RENDERINGS AS WELL OF SOME PROJECTS CURRENTLY UNDER CONSTRUCTION. THIS IS TO 70 TALBOT THIS IS 18 UNITS AND THIS IS WITH LEAD DEVELOPMENT TAKING THE LEAD ON THIS PROJECT THE NEXT PROJECT IS 405 WASHINGTON STREET IN DORCHESTER THIS IS 13 UNITS OF HOMEOWNERSHIP HOUSING AND THIS IS WHAT OUR BANNEKER THE NEXT PROJECT IS STONY BROCKLEY IN JAMAICA PLAIN THIS IS 45 UNITS AND THIS IS WORKING WITH JAMAICA PLAIN AND D.C. IN THE FINAL RENDERING WE'RE SHOWING YOU HERE TODAY IS FOR 24 WESTMINSTER IN ROXBURY THIS IS 12 UNITS WITH DREAM COLLABORATIVES AND AS I STATED ALL OF THESE PROJECTS ARE CURRENTLY IN CONSTRUCTION HERE IS A QUICK SUMMARY OF THE VOTES TO DATE I MENTIONED TWO VOTES HAVE ALREADY BEEN TAKEN THE AMOUNT OF 25 MILLION THIS REQUEST TODAY OF ADDITIONAL $50 MILLION WOULD BRING THE NEW AUTHORIZATION TOTAL TO $100 MILLION.  THAT CONCLUDES THAT CONCLUDES OUR PRESENTATION COUNCILORS SO WE'RE HAPPY TO TAKE ANY ANY QUESTIONS YOU MAY HAVE.  COUNCILOR YOU'RE ON MUTE. THANK YOU FOR REMINDING ME . THIS IS VERY IMPRESSIVE. SO BE IT FOR ME . THERE'S THIS 277 270 299 UNITS THAT ARE IN THE PIPELINE ARE UNDER DEVELOPMENT AT THE MOMENT. IS THAT CORRECT? YES, THAT IS CORRECT. AND THE PRIMARILY IN DORCHESTER, EAST BOSTON, JAMAICA PLAIN, MATTAPAN,  ROXBURY. YES. AND RATES ARE THERE ARE THERE OTHER ARE THERE ANY PROPOSALS COMING IN FROM OTHER NEIGHBORHOODS ACROSS THE CITY? YES, WE HAVE PROPOSALS COMING IN ADDITIONAL PROPOSALS IN EAST BOSTON AND IN CHINATOWN MOSTLY ROXBURY, DORCHESTER.  SO WE DO CONTINUE TO TRY AND SEEK ADDITIONAL AFFORDABLE HOMEOWNERSHIP UNITS ACROSS THE CITY. SO I KNOW AND I REPRESENT DALLAS IN BRIGHTON DISTRICT NINE AND IT'S REALLY NOT EASY. WE DON'T HAVE A LOT OF AVAILABLE DEVELOPABLE DEVELOPABLE LAND. IT'S SORT OF CHEAP.  I'M CURIOUS ABOUT IN TERMS OF HOW THE PROCESS FOR A DEVELOPER TO TO COME TO YOU AND SAY THAT THEY HAVE A HOMEOWNERSHIP PROJECT AND THEY'D LIKE YOUR SUPPORT AND WHAT CRITERIA YOU KNOW QUALIFIES THEM TO PARTICIPATE.  SO WE DO HAVE A PROJECT WE ARE CURRENTLY IN THE MIDDLE OF OUR FUNDING ROUND AND WE ARE RIGHT NOW LOOKING AT A SITE IN BOSTON BRIGHTON THAT IS CURRENTLY UNDER REVIEW SO DEVELOPERS CAN APPLY FOR THIS FUNDING IN TWO DIFFERENT WAYS. ONE THEY CAN APPLY TO MAYBE A REQUEST FOR PROPOSAL THAT IS ISSUED ON CITY OWNED LAND AND THEN THE OTHER WAY TO APPLY FOR FUNDING IS THROUGH OUR ANNUAL FUNDING ROUND WHICH USUALLY HAPPENS IN SEPTEMBER OF EVERY YEAR AND WE WORK VERY HARD TO GET THAT WORD OUT. NOT ONLY IS IT ON OUR WEBSITE WE ADVERTISE IN THE BOSTON GLOBE AND WE MAKE SURE THAT WE ARE ACTUALLY SPEAKING WITH DEVELOPERS. WE TRY AND CONTINUE TO SPREAD THAT WORD SO FOLKS DO KNOW THAT THIS VALUABLE RESOURCE IS AVAILABLE AND NO KNOW THIS IS THIS THIS THIS IS THE LATEST TRANCHE OF FUNDS THAT WE ARE ACCEPTING AND EXPANDING. IS THIS A PROGRAM THAT YOU FORESEE WE'LL CONTINUE GOING FORWARD WITH FROM THE START WE WOULD LIKE THAT AND TO BE HONEST WITH YOU, WE HAVE A VERY LARGE PIPELINE OF HOMEOWNERSHIP PROJECTS AND WE JUST CONTINUE TO TRY AND GATHER THE PROJECTS AND ASK FOR ADDITIONAL FUNDINGS WITH THE STATE ON IT. THEY DID GET SOME ADDITIONAL FUNDING RECENTLY IN THEIR BOND BILL SO THEY ARE VERY MUCH AWARE THAT THE CITY OF BOSTON HAS A PIPELINE OF PROJECTS AND WE WOULD LIKE TO CONTINUE TO WORK WITH THEM TO GATHER AS MUCH AS THOSE FUNDS AS POSSIBLE. AND IN TERMS OF HOMEOWNERSHIP, I KNOW WE'VE HAD A CONVERSATION FAIRLY RECENTLY ABOUT DEED RESTRICTION. CAN YOU GIVE ME SOME BACKGROUND ON WHAT THE DEED RESTRICTION FRAMEWORK IS FOR THESE UNITS? YES. SO WE HAVE WORKED ON A DEED RESTRICTION WITH MAST MAST HOUSING THAT WE HAVE UPDATED WITHIN THE LAST YEAR AND A HALF I BELIEVE IT IS. SO THE RESTRICTION IS THAT THE HOMES WILL BE RESTRICTED FOR 30 YEARS WITH THE CITY'S RIGHT TO EXTEND FOR AN ADDITIONAL 20 YEARS. BUT IF THAT HOMEOWNER HAS REMAINED IN THERE FOR THE FULL 30 YEARS WE WOULD NOT BE SEEKING TO EXTEND THE TERM OF THE AFFORDABILITY.  WE ALSO HAVE CHANGED THINGS LIKE WE'VE INCREASED THE APPRECIATION FROM 3% TO 5% AND WE HAVE ALSO MADE SOME CHANGES WHERE NEEDED CAPITAL IMPROVEMENTS HAVE INCREASED THE FORMULA FOR CALCULATE AND CALCULATE CAPITAL IMPROVEMENTS HAS INCREASED FROM 1% TO 3% AND THEN WE'VE ALSO CHANGED THE LANGUAGE WHERE PREVIOUSLY WE SAID THAT THE HOME COULD ONLY BE TRANSFERRED TO AN EXISTING FAMILY MEMBER IF THEY WERE INCOME QUALIFIED BUT WE HAVE NOW REQUIRED THAT THEY NEED TO JUST BE SURE THAT THEY ARE A FAMILY MEMBER BUT THEY MUST REMAIN LIVING IN THE THANK YOU CHRISTINE. I'VE BEEN JOINED BY MY COLLEAGUES BRIAN ROE AND COUNCILOR GABRIELLA COLETTA ZAPATA AND CITY COUNCIL PRESIDENT RUSSI LOUIJEUNE I WASN'T PAYING ATTENTION TO TIME SO COUNCILOR WORRELL YOU HAVE THE FLOOR FOR 5 MINUTES QUESTIONS THANK YOU CHAIR AND THANK YOU TO THE ADMINISTRATION FOR BEING HERE AND THE WORK THAT YOU DO AND HOW THIS PAYS COMMONWEALTH BUILDING IS IS SOMETHING I HEAR YOU KNOW DEVELOPERS IN MY NEIGHBORHOOD YOU KNOW THEY RAVE ABOUT THIS PROGRAM. THEY ARE EXCITED ABOUT IT ESPECIALLY WHEN IT COMES TO HOMEOWNERSHIP SIDE.  IT'S ONE OF THE FEW FUNDING SOURCES THAT ARE OUT THERE THAT KIND OF SUBSIDIZE THE THE AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES THAT ARE MADE AVAILABLE TO LOW AND MODERATE INCOME FAMILIES.  ONE OF MY QUESTION IS HOW DO WE RECOGNIZE OR YOU KNOW HOW DID THE SUBSIDIES WORK NEIGHBORHOOD BY NEIGHBORHOOD, YOU KNOW, KNOWING THAT A NEIGHBORHOOD BY NEIGHBORHOOD THEY COULD BE DIFFERENT ACTS RIGHT VOTING RIGHT ARE WE ARE WE ARE WE YOU KNOW, WAITING SUBSIDIES YOU KNOW HIRED IN NEIGHBORHOOD THAT YOU KNOW THE TAX BURDEN TO BE YOU KNOW MORE BURDENSOME ON THE HOME BUYER AS OPPOSED TO THE NEIGHBORHOOD. IS THAT SOMETHING THAT WE CALCULATE FOR AN.  GOOD MORNING COUNCILOR . NO, IT IS NOT SOMETHING THAT WE CALCULATE ON THE THE FUNDS ARE DISTRIBUTED ON A PER UNIT BASIS SO THE FUNDS ARE DISTRIBUTED ON 150,000 PER AFFORDABLE UNIT AND THAT THOSE FUNDS ARE MATCHED BY MORTGAGE FUNDING AS WELL.  SO WE'RE TRYING TO BE CONSISTENT ACROSS NEIGHBORHOODS AND PROJECTS.  GOT IT. DO YOU GUYS HAVE A AND I CAME LATE SORRY . SO YOU GUYS MIGHT HAVE ALREADY COVERED IT. DO YOU HAVE A BREAKDOWN OF THE PROJECT AND WHAT THOSE PROJECTS WERE IN TERMS OF YOU KNOW, I AM LIFESTYLE UNITS RENTAL VERSUS HOME OWNERSHIP ETC. DO YOU HAVE LIKE A BREAKDOWN OF WHAT I FUNDED AS BEEN DISTRIBUTED TOWARDS? YEAH WE DID PROVIDE A CHART. I'M NOT SURE IF IT'S ABLE TO BE BROUGHT BACK UP BUT YES YOU HAVE PROVIDED A SLIDESHOW OF THE UNITS 300 UNITS 299 UNITS TO BE EXACT THAT WE HAVE FUNDED TO DATE. THEY ARE ALL HOMEOWNERSHIP UNITS.  COMMONWEALTH BUILDING FUNDS CAN ONLY BE USED FOR HOMEOWNERSHIP HOUSING AS A PASSIVE AND WHAT OTHER FUNDS ARE OUT THERE FOR HOMEOWNERSHIP OPPORTUNITIES AND CAN YOU SPEAK TO LIKE HOW DOES THAT VARY VERSUS YOU KNOW THE RENTAL SUBSIDIES THAT ARE OUT THERE? YEAH, THEY'RE VERY LIMITED RESOURCES FOR HOMEOWNERSHIP OTHER THAN MASS HOUSING. COMMONWEALTH BUILDER WE TYPICALLY USE MORTGAGE FUNDING RESOURCES THAT WE HAVE WHICH COULD EITHER BE YOU KNOW, INCLUSIONARY DEVELOPMENT FUNDS. WE WORK VERY CLOSELY WITH THE COMMUNITY PRESERVATION ACT AS WELL AS THE NEIGHBORHOOD HOUSING TRUST. BUT STATE TYPICALLY PUTS ALL OF THEIR FUNDS INTO MASS HOUSING FOR THE COMMONWEALTH BUILDING PROGRAM. AGAIN, THE PROCESS IS TO TRY AND STREAMLINE THAT SO YOU'RE NOT GOING TO MANY DIFFERENT AGENCIES AND MAKING IT HARDER FOR DEVELOPERS TO APPLY FOR THE FUNDING. BUT THERE ARE VERY LIMITED RESOURCES COMPARED TO A TAX CREDIT PROJECT, A RENTAL PROJECT THAT MIGHT BE ABLE TO HAVE TAX CREDITS AND BRING MUCH MORE FUNDING TO THE PROJECT GOT IT IN THAT YOU KNOW, I GUESS ONE OF THE THINGS THAT YOU KNOW WHEN I AND I WALK AROUND THE NEIGHBORHOOD I SPEAK TO FIRST TIME HOMEBUYERS THAT YOU KNOW BY AFFORDABLE HOMEOWNERSHIP YOU KNOW WHAT ARE THE THINGS THAT THEY TALK ABOUT? IT'S LIKE THE MAINTENANCE I TYPICALLY ON THE ROOF GOES THAT THE HEAT GOES IS MAKING SURE THAT YOU KNOW THESE FAMILIES ARE STILL SUPPORTED WHEN THEY HAVE TO PICK SOMETHING THESE BIG TICKET ITEMS I MEAN IN MY QUESTION I KNOW MY TIME IS RUNNING OUT IS WHEN WE'RE WORKING WITH THESE DEVELOPERS IN THE WHATEVER YOU KNOW, THESE SUBSIDIES, HOW DO WE ENSURE LIKE YOU KNOW, SOME OF THE VALUES THAT WE HAVE AS A CITY OR YOU KNOW, WHETHER IT'S YOU KNOW, THE BJP POLICY MAKING SURE THAT DIVERSITY IS HIGHLY PROSPECTIVE. SO I ALSO WE MAKING THEM ACCOUNTABLE IS LIKE IS THERE ANY LIKE WORK ON THE BACK END THAT THEY SUBMIT TO US? YOU KNOW, ONCE WEDNESDAY'S FUNDED DISTRIBUTED AND ONCE AGAIN I THINK IT'S COMPLETE.  YES, ABSOLUTELY SO MLA AS WELL AS MASS HOUSING WOULD ENTER INTO A AN AGREEMENT WITH THE DEVELOPER THROUGH LOAN DOCUMENTS WHERE WE CLEARLY OUTLINE LIKE YOU KNOW, HOW WE DISTRIBUTE FUNDS, HOW THEY NEED TO BE REQUIREMENT TO BOSTON RESIDENTS JOB POLICY, THE CONSTRUCTION MATERIALS THEY'RE USING. WE HAVE A CONSTRUCTION TEAM THAT GOES OUT WEEKLY AND VISITED THE SITE TO MAKE SURE EVERYONE IS BUILDING WITH ACCORDANCE TO PLANS AND SPECIFICATIONS. WE ALSO WORK VERY CLOSELY WITH THE BOSTON RESIDENTS JOBS POLICY WHO UPDATES US MONTHLY REGARDING HOW EACH DEVELOPER IS DOING ON THEIR PROJECT AND JUST TO ENSURE THAT THEY ARE CONTINUING TO FOLLOW THAT PROCESS AS A BANK AND NOW AS A BRAND. IS THAT IT FOR ME OR THAT'S YOUR TIME.  I WOULD LIKE TO COME BACK THE SECOND ROUND IF NEED BE SO THANK YOU GUYS. APPRECIATE IT. THANK YOU. CONSTABLE WORRELL,  COUNCILOR COLLETTE AND ZAPATA YOU HAVE THE FLOOR FOR 5 MINUTES. THANK YOU SO MUCH COUNCILOR BURTON AND I THANK YOU ALL FOR YOUR PRESENTATION. CHRISTINE AND MARK, I KNOW YOU GUYS WORK REALLY, REALLY HARD ON THIS PROGRAM. THE FOLKS AT MASS HOUSING WORKING ON THIS ARE PRETTY GREAT TOO.  AND FULL DISCLOSURE MY HUSBAND ALSO WORKS WITHIN THIS PROGRAM SO I FEEL LIKE IT'S NECESSARY FOR ME TO TO TO SAY THAT JUST TO DISCLOSE THAT PIECE OF INFORMATION I HAD OF MY MY QUESTIONS. BUT I AM JUST GENERALLY GRATEFUL FOR THESE FUNDS BEING UTILIZED IN DELIRIUM AND OR FOR THE DELIRIUM PROJECT IN EAST BOSTON THROUGH NOAH THE SO THE $150,000 PER UNIT IS THAT CAN YOU EXPAND ON THAT A LITTLE BIT MORE? I JUST MISSED WHAT YOU WERE SAYING ON THAT. IS THAT WHAT WE ARE THE MAXIMUM ALLOWABLE NUMBER ON THE CITY SIDE IN MASS HOUSING? SEE THE REAL FLAHERTY ON THAT.  YES. GOOD MORNING AND I COULDN'T AGREE WITH YOU ANY MORE THE TEAM AT MASS HOUSING HAS BEEN INCREDIBLE. THEY'RE REALLY GREAT PARTNERS WITH US.  SO THE $150,000 PER UNIT IS A MATCH BETWEEN THE CITY AND MASS HOUSING SO A DEVELOPER COULD APPLY UP TO $300,000 IN FOR FUNDING OUTSIDE OF THE CITY. MASS HOUSING DOES HAVE A HIGHER TOP IN THAT IS BECAUSE THEY'RE NOT ABLE TO GET MATCH FUNDING FROM SOME OTHER LENDERS OR SOME OTHER TOWN SOMETIMES SO WHERE THEY CAN GIVE TO 50 OUTSIDE OF THE CITY WE'RE SAYING YOU CAN GET UP TO $300,000 BECAUSE YOU WILL GET A MATCH FROM MORTGAGE HERE OR EVEN COMMUNITY PRESERVATION ACT ARE THE NEIGHBORHOOD HOUSING TRUST. SO IT IS A CAP CRIME. HAS THERE BEEN ANY CONVERSATIONS ABOUT INCREASING THE CAP JUST GIVEN THAT THE CONSTRUCTION COSTS, INTEREST RATES, ALL OF THAT I KNOW IT'S GOING DOWN.  HAS THERE BEEN ANY THOUGHT AROUND THAT?  YOU KNOW, WE LOOK AT IT VERY CLOSELY BUT WE ARE TRYING TO CONTINUE TO KEEP COSTS DOWN AND YOU KNOW THAT KEEPING THE CAP ON THERE ALLOWS US TO CONTINUE TO CREATE ADDITIONAL AFFORDABLE HOUSING UNITS ACROSS THE CITY. BUT RAISING THE CAP HAS BEEN HAS BEEN MUCH DISCUSSION BUT THE MARKET RIGHT NOW TO BUILD IS JUST SO INCREDIBLY HIGH. SO WE'RE REALLY WORKING WITH DEVELOPERS TO TRY TO KEEP COST IN CONTROL AND THANK YOU. AND MY LAST QUESTION WELL FIRST I JUST WANT TO SAY THAT THIS PROGRAM IS EXACTLY WHAT IS NEEDED WHEN WE'RE TALKING ABOUT AFFORDABLE HOMEOWNERSHIP. THIS IS WHAT WILL HELP BUILD GENERATIONAL WEALTH IN IN THE COMMONWEALTH AND IT'S IT'S SO IMPORTANT THAT WE CONTINUE THIS . SO I DO WANT TO SHOUT OUT THE HEALEY DRISCOLL ADMINISTRATION FOR PUTTING MORE MONEY INTO THIS PROGRAM AND HOPE THAT IT IS SUSTAINABLE IN THE LONG TERM . I MY UNDERSTANDING IS THAT THE CITY'S RELATIONSHIP WITH MASS HOUSING IS A LITTLE BIT DIFFERENT BECAUSE YOU ALL HAVE MORE STAFF CAPACITY RATHER THAN THE OTHER MUNICIPAL MUNICIPALITIES AND TOWNS ACROSS THE COMMONWEALTH. CAN YOU JUST TALK TO ME A LITTLE BIT ABOUT YOUR ADMINISTRATIVE BURDEN WITH THIS PROGRAM, WHAT THAT MEANS FOR ME TO DO A LOT OF THE UNDERWRITING AND ALL OF THAT OR I GUESS JUST EXPAND ON THAT A LITTLE BIT AND HOW IT MIGHT BE DIFFERENT THAN OTHER CITIES AND TOWNS.  YEAH, IT'S YOU KNOW, TYPICALLY MLH IS DOING THIS WORK ON OUR OWN PROJECTS AS WELL SO IT SEEMED LIKE A GREAT IDEA JUST FOR US TO KIND OF MERGE WITH MASS HOUSING ON THIS AS OPPOSED TO YOU KNOW AGAIN WE WANT TO FOCUS ON CREATING AFFORDABLE HOUSING IN OTHER PLACES SO LET'S USE OUR TEAMS WISELY. BUT ONCE A PROJECT IS RECOMMENDED TO THE MASS HOUSING TEAM THEY WILL ISSUE A COMMITMENT LETTER AND THEN AT THAT POINT M0 WILL TAKE THE LEAD ON MONITORING THE PROJECT THROUGH CONSTRUCTION WE DO THE LOAN CLOSING WITH THE TEAM. WE FOR THE MOST PART THE BOSTON HOME CENTER IS BEING USED TO MARKET ALL OF THE UNITS AND THEN THE OUR COMPLIANCE TEAM WOULD MONITOR THE RESTRICTION THROUGHOUT WELL SO WHILE M0 IS TAKING A LITTLE LEAD ON DOING A LOT OF THIS STUFF AND AGAIN THE THINKING PROCESSES WE'RE STREAMLINING THIS FOR DEVELOPERS THAT THE NOT HAVING TO RESPOND TO DIFFERENT REQUESTS FROM DIFFERENT AGENCIES WE ARE WORKING VERY CLOSELY WITH MASS HOUSING.  I'M NOT SURE IF YOU HEARD ME EARLIER MENTIONED THAT WE ACTUALLY MEET WITH THEM EVERY TWO WEEKS TO TALK ABOUT PROJECTS AND SEE HOW WE CAN HELP MOVE THEM FORWARD AND JUST TO MAKE SURE WE'RE IN LOCKSTEP WITH THE PROCESS.  THAT'S GREAT. AND HOW DO YOU FEEL YOUR STAFFING CAPACITY AS WITH WITH ALL OF THIS JUST GIVEN THAT THERE IS MORE MONEY COMING DOWN THE PIKE, HOW MANY DEALS ARE YOU JUGGLING AT ANY GIVEN TIME ? THAT'S A TOUGH ONE. I'M JUST GOING TO SAY BETWEEN RENTAL AND HOME OWNERSHIP ANY ONE OF OUR DEVELOPMENT OFFICES IS PROBABLY JUGGLING BETWEEN 25 TO 30 PROJECTS BUT THEY'RE ALL AT DIFFERENT PHASES.  YEAH, YEAH, I GUESS WE COULD ALWAYS SAY WE COULD ALWAYS USE SOME ADDITIONAL STAFF BUT WE ARE DOING THE BEST THAT WE CAN AND AGAIN STREAMLINING THIS PROCESS DOING MORE WHICH IS ALREADY DOING HOMEOWNERSHIP. SO HAVING US TAKE ON THE WORK FROM MASS HOUSING IS NOT AN ADDITIONAL BURDEN FOR US AT THIS POINT.  YEAH, I'M JUST GOING TO ADD YOU KNOW BECAUSE ALMOST ALL OF THE PROJECTS I'M COUNSELOR WE'RE MATCHING WITH OUR OWN FUNDING OR INVOLVE CITY LAND AS WELL SO WE WOULD BE DOING THIS WORK ANYWAY EVEN WITHOUT THE COMMONWEALTH ARE FUND SO IT IS WITH THERE IS SOME EFFICIENCY IS BY HAVING HAVING A MORTGAGE I'M WILLING TO DO IT BUT I AGREE WITH COMING UP WITH QUESTIONS CHRIS THAT I MEAN NO MORE STAFF WOULD BE GREAT BUT I THINK I THINK OUR STAFF WE HAVE AN AMAZING TEAM. CHRIS IS IN THE NEIGHBORHOOD HOUSING DEVELOPMENT TEAM IS IS AMAZING AND THEY THEY DO AMAZING WORK THANK YOU SO MUCH. YEAH I COULDN'T AGREE MORE THANK YOU STRUCTURE THANK YOU COUNCILOR KALINA IT'S ABOUT A COUNCIL PRESIDENT LOUIJEUNE YOU HAVE THE FLOOR. THANK THANK YOU, MADAM CHAIR.  AND THANK YOU TO MY COLLEAGUES FOR ASKING A LOT OF QUESTIONS THAT I HAD.  I JUST WANT TO AND I APOLOGIZE IF YOU WENT OVER THIS BUT THERE'S A WORKFORCE NATURE WORKFORCE DEVELOPMENT NATURE TO THIS WORK TO THESE HOME OWNERSHIP UNITS. CAN YOU TALK A LITTLE BIT ABOUT THE LIKE WHAT THAT WHAT THAT ACTUALLY ENDS UP LOOKING LIKE CAN YOU CLARIFY COUNCILOR DO YOU MEAN WITH THE WORK DIRECTLY WITH THE HOMEBUYERS?  SO WHEN I LOOK AT THE ORDER I THINK AS IT CAME TO US TO THE BOSTON CITY COUNCIL IT SAYS WORKFORCE DEVELOPMENT AND HOMEOWNERSHIP. YEAH I THINK THAT'S A REFERENCE TO CALIFORNIA TO THEIR TO THE AM I THEM I LIMIT TO THIS AND THAT'S HOW IT CAN COME ON THE PROGRAM OVERALL AND CHRISTINE YOU MENTIONED THIS BRIEFLY AT THE BEGINNING OF OUR PRESENTATION BUT THE PROGRAM STATEWIDE CAN GO UP TO 120% OF AREA MEDIAN INCOME WHICH IS WHY THE STATE FOR MASS HOUSING CALLS IT A WORKFORCE HOUSING PROGRAM HERE IN THE CITY WE HAVE I THINK IN ALL CASES OR INVESTIGATORY PIECES WE HAVE CARPET AT 100% OF OUR MARKET THAT WE WOULD CONSIDER THAT LOW, LOW MODERATE INCOME HOUSING. CHRISTINE, I HOPE YOU WANT TO TALK MORE ABOUT THE INCOME TARGETING OF THE FUNDS. YEAH, THAT'S CORRECT.  CORRECT. WE ARE LOOKING FOR DEEPER AFFORDABILITY WITHIN THE CITY SO WE ARE GOING UP TO 100% OF AREA MEDIAN INCOME ALIGNS WITH OTHER CITY FUNDING SOURCES SUCH AS CPA AND NHT AND THE INCLUSIONARY DEVELOPMENT FUNDS THAT COME TO M0.  SO WE REQUIRE THAT 50% OF ALL UNITS THOUGH DO NEED TO BE RESTRICTED AT OR BELOW 80% OF THE AREA MEDIAN INCOME GOOD . GREAT. DO YOU KNOW WHAT THE AVERAGE ENDS UP? SO YOU SAID THAT THERE HAVE BEEN 299 PROJECTS COMPLETED TO DATE 299 UNITS COMPLETED TO DATE? YES.  AND YOU KNOW WHAT? YEAH, SORRY . GO AHEAD. NO, I'M SORRY I WAS I WOULD ESTIMATE THAT 50% OF THOSE UNITS ARE AT OR BELOW 80 SO 150 OF THOSE UNITS I WOULD SAY ARE CLOSE TO AT OR BELOW 80% OF THE AREA MEDIAN INCOME THANK YOU DO COLLECT DEMOGRAPHIC DATA. DO YOU HAVE THAT BREAKDOWN OF THE DEMOGRAPHICS OF WHO HAS BEEN ABLE TO ATTAIN HOMEOWNERSHIP OPPORTUNITIES THROUGH A THROUGH THE SUN?  I DON'T HAVE IT WITH ME NOW BUT THAT IS CERTAINLY SOMETHING WE COULD GATHER AND SEND OVER THEM TO THE CHAIR. CAN WE GET THAT INFORMATION?  YES, I THINK THAT THAT WOULD BE VERY HELPFUL. THANK YOU, CHRISTINE.  AND I JUST WANT TO UPLIFT COUNCILOR BREADON IN THE CHAIR TALKING ABOUT HOMEOWNERSHIP THROUGHOUT THE CITY.  I KNOW THAT IN BRIGHTON WHERE THERE'S A LOT OF TRANSIENTS IN PART BECAUSE OF THE LACK OF HOMEOWNERSHIP OPPORTUNITIES . I WAS IN SOUTH BOSTON THIS WEEKEND. IT'S YOU KNOW, THEY WERE BEMOANING THE LACK OF AFFORDABILITY OF HOMEOWNERSHIP FOR, YOU KNOW, FOLKS WHO GREW UP HERE, WHICH IS WHY I DO APPRECIATE THAT YOU CAP IT AT 100 AND NOT 120%. AND I ALSO APPRECIATE THE EFFORTS TO TO DEEPEN AFFORDABILITY. SO I JUST WANTED TO SAY THANK YOU ON THAT. I THINK THOSE ARE MY QUESTIONS. I FEEL LIKE THERE'S ONE THAT I'M NOT ASKING BUT I WILL EITHER COME BACK TO IT OR JUST SEND IT EMAIL.  THANK YOU. COUNCIL PRESIDENT LOUIJEUNE I HAD A YOU SO I DOES THIS DOVETAIL IN WITH THE BOSTON MORTGAGE AND THE HOME CENTERS MORTGAGE PROGRAM AS WELL AND OUR POTENTIAL BUYERS ARE ABLE TO USE THE BOSTON ONE BOSTON AS I CAN GET THE TERMINOLOGY WHICH ONE IS IT? YEAH IT'S THE ONE PLUS BOSTON POST. YEAH THAT'S THE CITY'S WORKING WITH WHAT I'M MASS HOUSING PARTNERSHIP FUND MSP FUND WE OPERATE A DISCOUNTED MORTGAGE PROGRAM FOR FIRST TIME HOMEBUYERS IN BOSTON AND YES, THEY ARE THE BUYERS WHO ARE BUYING THESE UNITS ARE ELIGIBLE FOR IT. I MEAN IF THEY'RE ELIGIBLE THEY CAN APPLY FOR AND RECEIVE BOTH DOWNPAYMENT ASSISTANCE TO GIVE US A HOME TO ENTER AND SUBSIDIZE MORTGAGES THROUGH THE BOSTON PROGRAM AND A NUMBER OF THEM I'M NOT SURE ABOUT THESE PROJECTS SPECIFICALLY I IMAGINE SO BECAUSE I KNOW A NUMBER OF OUR AFFORDABLE HOMEOWNERSHIP DEVELOPMENTS THE UNITS HAVE GONE TO HOMEBUYERS WHO HAVE ALSO TAKEN ADVANTAGE OF THOSE THOSE PROGRAMS AS WELL. AND AND JUST IN TERMS OF THE ONE PLUS BOSTON MORTGAGE PRODUCT, IS THERE A IS THERE A CAP ON THE AM I FOR THAT FOR THAT PROJECT? I YOU KNOW I WE BOUGHT OUR HOME A LONG TIME AGO SO I'M NOT FAMILIAR WITH THE DETAILS OF THE THIS MORTGAGE PROGRAM RIGHT NOW THERE IS A CAP I DON'T KNOW WHAT IT IS OFF THE TOP OF MY HEAD CHRISTINE I DON'T KNOW IF YOU DO BUT WE CAN CERTAINLY GIVE THAT TO YOU, COUNSELOR YEAH, I WANT TO SAY 130 BUT I'M NOT QUITE SURE. YEAH, UP TO 130 OF THE INCOME AND I THINK THAT'S ONE OF THE IT'S A REALLY, REALLY IMPORTANT PROGRAM BECAUSE IT GETS PEOPLE ACROSS THE LINE. YOU KNOW IT'S IT'S ONE THING GETTING A HOUSING LIKE A COMMONWEALTH BUILDERS FUNDED HOME ON THE MARKET BUT THEN IT'S GETTING A MORTGAGE PRODUCT THAT MEETS YOUR MEETS YOUR FAMILY'S FINANCIAL SITUATION AS WELL. SO THIS IS REALLY A REALLY STRONG IT'S A REALLY STRONG PROGRAM AND WE REALLY APPRECIATE ALL YOUR ALL YOUR GREAT WORK ON THAT.  ANYONE ELSE HAVE ANY FURTHER QUESTIONS?  I JUST WANT TO CHECK WE DIDN'T MISS ANYBODY. OKAY.  UM, BECAUSE WE WERE ABLE DID YOU HAVE A FURTHER QUESTION?  I HAD ONE COUNSELOR WRITTEN. YES, GO AHEAD, COUNSELOR DIVISION. THANK YOU. I JUST REMEMBERED THE QUESTION THAT MY LAST QUESTION THAT THERE IS FEDERAL FUNDING THAT WE ARE ABLE TO USE FOR HOMEOWNERSHIP I DON'T KNOW IF I'D LOVE TO THE CHAIR TO GET THAT INFORMATION WHETHER IT'S VIA THAT IT MIGHT BE VIA CDBG.  BUT I ALSO KNOW THAT WE'VE RECEIVED GRANTS FROM THE FEDERAL GOVERNMENT SUPPORT THAT WE HAVE USED FOR HOMEOWNERSHIP AND THIS IS A QUESTION THAT CAME UP AT THE LAST HEARING. SO IF I COULD JUST I'M JUST ASKING EMILY TO JUST SEND THAT TO US. I DON'T KNOW IF ANYBODY KNOWS THEM OFF THE TOP OF THEIR HEAD BUT JUST SO THAT WE KNOW LIKE I KNOW THAT THERE'S A LOT OF OPINIONS ON THE TAX CREDITS AND STATE FUNDING AND MORTGAGE AND THAT'S ALL GREAT. BUT I JUST WANT TO UNDERSTAND I KNOW THERE HAS BEEN HISTORICALLY A ROLE OF THE FEDERAL GOVERNMENT THAT WE'VE SEEN HERE WHILE I'VE BEEN ON THE COUNCIL AND JUST WANT TO UNDERSTAND WHAT THOSE HAVE BEEN . YEAH, I MEAN WELL CERTAINLY YOU KNOW OUR IN RECENT YEARS OBVIOUSLY ARCO FUNDING HAS BEEN A HUGE SOURCE FOR HOMEOWNERSHIP DEVELOPMENT RIGHT?  YEAH. SO DOES THAT CDBG WE WANT TO BE ABLE TO USE FOR HOME OWNERSHIP DEVELOPMENT BUT WE DO USE EPG FOR DOWN PAYMENT ASSISTANCE FOR LOW INCOME, LOW AND MODERATE INCOME HOMEBUYERS AND TO ME THAT FALLS UNDER THE CATEGORY OF HOMEOWNERSHIP ASSISTANCE.  THAT'S GOOD. ABSOLUTELY. YEAH YEAH WE DO USE CITY FOR THAT AND CHRISTINE I'M NOT SURE ABOUT HALF THE TOWN FUNDING THAT WE I THINK WE HAVE USED THAT FOR HOMEOWNERSHIP PROJECTS AS WELL RIGHT YES WE HAVE IT'S A LITTLE BIT MORE RESTRICTIVE BUT YES, WE HAVE USED IT IN THE PAST SO THERE ARE SOME OF SOURCES OUT THERE BUT IT'S IT'S IT'S IT'S NOT A LOT AND IT'S CERTAINLY NOT ENOUGH. OKAY. THANK YOU SO MUCH.  REALLY APPRECIATE IT. THANK YOU, MADAM CHAIR. THANK YOU. OKAY. IN TERMS OF THE PIPELINE, DO WE WHAT DOES THE PIPELINE DO? WE HAVE A HEALTHY PIPELINE OF PROJECTS AND YOU KNOW,  THERE'S A HUGE I THINK THERE'S A HUGE UNMET DEMAND FOR HOMEOWNERSHIP OPPORTUNITIES IN THE CITY AND YOU KNOW, I THINK DEVELOPERS ARE ALWAYS PUSH TOWARDS THE RENTAL MARKET RATHER THAN THE HOME OWNERSHIP MARKET. SO WHAT'S THE WHAT'S THE LANDSCAPE LOOKING LIKE AT THE MOMENT GENERALLY I THINK WE HAVE A VERY HEALTHY PIPELINE IN F 25 WE ACTUALLY HAVE 800 HOMEOWNERSHIP UNITS IN OUR BUDGET OF WHICH OVER 700 OF THEM ARE AFFORDABLE. WE ARE ALSO IN THE MIDDLE OF OUR ANNUAL FUNDING ROUND AND WE HAVE A FEW HOMEOWNERSHIP PROJECTS IN THE ROUND AS WELL. SO WE HAVE A PRETTY GREAT PIPELINE COMING UP OF HOMEOWNERSHIP PROJECTS THAT'S THAT'S ENCOURAGING UM CONSIDERING THAT DESIGN ONE MORE QUESTION. THANK YOU CHAIR YES PLEASE GO AHEAD AND SOMEONE ELSE. YES UM AND YEAH I THINK THAT THE ADMINISTRATION DOES A GREAT JOB WHEN IT COMES TO MAKING SURE THAT WE'RE GETTING HOMEOWNERSHIP OPPORTUNITIES OUT THERE. WE DO. WE KNOW THE DEMAND. I YOU KNOW, IF WE HAVE 800 UNITS, DO WE KNOW HOW MANY PEOPLE ARE APPLYING I MEAN I, I YOU TALKING TO SOME OF THE DEVELOPERS I KNOW ONE DEVELOPER SAID LIKE THEY PUT OUT 45 UNITS, RIGHT. AND SHE HAD THOUSANDS OF APPLICATIONS BUT IT GETS IN TERMS OF LIKE DEMAND AND PIPELINE I DO WE DO WE DO WE KIND OF GET DO WE HAVE AN IDEA OF LIKE WHAT TYPE OF DEMAND IS OUT THERE, WHAT THAT SHOULD WE BE DOING? BUT IN ORDER TO MEET THE DEMAND HOW MUCH MORE CAN WE BE DOING TO MEET THAT DEMAND AS HOW DO YEAH I THINK YOU'RE RIGHT. WE ARE HEARING THAT THERE COULD BE ANYWHERE BETWEEN 2 TO 300 PEOPLE SIGNING UP FOR ONE UNIT IN A PROJECT YOU KNOW FOR THE UNIT PROJECT YOU CAN PROBABLY GET SOMEWHERE AROUND 800 PEOPLE APPLYING.  WE DO KNOW THAT THERE IS A VERY LARGE DEMAND.  WE CONTINUE TO WORK WITH DEVELOPERS WHO BRING US PROJECT SOMETIMES WHEN A DEVELOPER BRINGS A PROJECT IN THEY'RE TALKING ABOUT IT AS A RENTAL PROJECT.  WE ARE ASKING MAYBE WOULD THIS MAKE A GREATER HOMEOWNERSHIP PROJECT DEPENDING ON THE AREA THAT THEY ARE WORKING IN WE KNOW THE IMPORTANCE OF IT. IT ALWAYS COMES BACK TO RESOURCES AND BEING ABLE TO CONTINUE TO BUILD. I THINK OPERA CERTAINLY HELPED US OUT MOVING THAT FORWARD. SO IT'S A IT'S DEFINITELY A QUESTION REGARDING RESOURCES AND COMMONWEALTH BUILDER CERTAINLY HELPS US WITH THAT AS WELL. BUT WE ARE HEARING THAT FOLKS ARE LOOKING FOR MANY DIFFERENT TYPES OF HOUSING FROM ONE BEDROOMS UP TO THREE BEDROOMS AND IN SOME CASES WE'VE HEARD FOUR BEDROOMS BUT WE ARE HEARING THAT FOLKS DO WANT TO SEE MORE OF A MIX OF THE TYPE OF HOUSING BEING BUILT AND KNOWING THAT OTTAWA IS RUNNING OUT, YOU KNOW, 2026 WE HAVE TO FIND BE CREATIVE TO FIND ALTERNATIVE METHODS AND RESOURCES TO CONTINUE THE STRONG PIPELINE. BUT THANK YOU, CHAD. THANK YOU, CHRISTINE AND RICK FOR THE GREAT WORK THAT YOU GUYS DO 30 AND SO CALIBER AS A PROPERTY. DO YOU HAVE ANY FURTHER QUESTIONS?  NO. THANK YOU. I APPRECIATE EVERYONE'S TIME. THANK YOU.  I WANT TO THANK MY COLLEAGUES FOR JOINING US THIS MORNING.  DID YOU CHRISTINE OR RICK DID YOU HAVE ANY ANY CLOSING COMMENTS TOO TO RUN IT UP?  I JUST WANTED TO AND I DON'T KNOW IF YOU NEED TO KIND OF MAKE SOME OFFICIAL STATEMENT OR MENTION IT. IT'S I JUST WANTED TO CLARIFY BY AND CORRECT THE ORDER AS CHRISTINE PRESENTED IN THE PRESENTATION THE AMOUNT THAT WE ARE WE HAVE BEEN AWARDED IS $50 MILLION. I KNOW THE ORDER SAID $75 MILLION SO WE JUST REQUESTED THAT BE AMENDED OR CORRECTED AND SO AS THE QUARTER WAS FORWARD.  YES. THANK YOU AND RON AND I ARE WE'RE AWARE OF THAT AND YOU KNOW, AS WE READ IT INTO THE RECORD THIS MORNING, WE CHANGED THE NUMBER TO 50 MILLION BUT WE NEED TO MAKE SURE IT'S CONSISTENT WITH WHAT'S WRITTEN DOWN AS WELL. SO VERY GOOD. THANK YOU. THANK YOU.  THANK YOU ALL TO ALL OUR PANELISTS THIS MORNING. THANK YOU, RICK AND CHRISTINE AND I WOULD ALSO THANK MY COLLEAGUES FOR JOINING US THIS MORNING. THIS HEARING ON DOCKET LET'S SEE WHAT THE DOCKET NUMBER IS MOSTLY 11651165. I COULDN'T FIND IT THIS MORNING . THIS THIS HEARING ON DOCKET 1165 IS ADJOURNED. THANK YOU ALL FOR YOUR PARTICIPATION THIS MORNING.  THANK YOU. THANK YOU VERY MUCH