Q&A
Discussion on barriers to including homeownership in Arbor East development
1:36:41
·
67 sec
Council Member Brooks-Powers and HPD officials discuss the barriers to including homeownership units in the next phase of the Arbor East development.
- HPD cites resource limitations and the need to balance multiple projects across the city
- Council Member emphasizes the importance of keeping commitments made during project approval
- Discussion touches on the model of combining homeownership and rental units in one development
- Concerns raised about changes to projects after City Council votes on them
Selvena Brooks-Powers
1:36:41
I'm sorry.
1:36:42
What would be the barrier for that to be in this next phase, which it should be in?
Kim Darga
1:36:49
I mean, it's really just again, we have a certain amount of resources.
1:36:53
If we did all home ownership in the next phase, I have a large number of other projects in other parts of the city that I'm also trying to finance.
1:37:02
So just trying to make sure that we can move multiple projects forward.
Selvena Brooks-Powers
1:37:06
But the model as we discussed is homeownership and rental in one unit Yes.
1:37:12
Which is something that I think some of my colleagues would be looking to do also as a look for homeownership opportunities and finding that balance.
1:37:23
So HPD has to kinda figure out how to make that work because we make these commitments.
1:37:28
We vote on you, learn projects with commitments for homeownership and certain things to take place.
1:37:34
But then once we vote, we have no more power it's left with HPD to facilitate this in terms of making sure they're prioritizing it in the pipeline.
Matthew Dunbar
1:37:43
Mhmm.
Selvena Brooks-Powers
1:37:43
But what I'm finding is is these projects are getting changed after we've taken a vote on it.
Kim Darga
1:37:48
Okay.
