Speaker 2: Will the clerk please read item eight into the record? The Report of the Finance and Housing Committee Agenda Item eight Council Bill 120343 An ordinance relating to housing for low income households, adopting amended housing funding policies for housing programs and investments. The committee recommends the bill pass. HQ Cosby Rehearsal. Okay, I'm going to read Counts of our Mosquitoes comments into the record. They're not going to sound like me, but I. It depends on how long they are. So how long do you got? All right. I'm so excited about this legislation. And update the housing funding policies to establish a new Jumpstart Acquisition and Preservation Program, which we have dubbed the Jumpstart Community Self-determination Fund, because that is exactly what it is designed to do. This fund will provide permanent acquisition and preservation funding, along with funding for capacity building and technical assistance so that organizations are able to secure land and or secure buildings to develop community driven housing with full ownership and self-determination. This legislation is the result of many conversations we have had with our Community Housing Roundtable, comprised of community based organizations who are working to provide housing for their communities, some of whom have joined us at our robust committee discussion on June 15th, including El Centro de la Raza, Filipino Community of Seattle and Schiappa. The program is designed to support affordable housing projects like Plaza Roberto Macias by El Centro, the Liberty Bank Building by Advocate Town and the recently opened Filipino Community Village. Community rooted and community serving housing paired with services, small business based learning space and more to help root communities in place. This is the culmination of two complementary policies. First, the Jumpstart Housing Spend Plan, which designates 13% of housing funds annually to be used to establish a community focused acquisition, development and Program Support Fund for housing rooted in and serving communities most at risk of displacement that addresses past discriminatory policies and practices such as redlining, restrictive racial covenants , and other discriminatory patterns that have negatively impacted bipoc communities in Seattle. The second is the slide that was included in the 2022 budget requesting the Office of Housing to identify modifications to the city's housing funding policies to address policy barriers, including partnership requirements for small community based developers that may have difficulty accessing the city's acquisition funding. One thing that we've heard from the Community Housing Roundtable over the past year is that requirements in our existing acquisition and Preservation Fund make it very challenging for community based organizations to get the acquisition acquisition funding needed to secure land or buildings, which is the first step in creating community driven housing. This fund will allow organizations to access permanent acquisition funding so they can seize opportunities to acquire land or buildings when they arise and allow them time to get a development plan in place to best serve the needs of their communities. One. One of the things I'm most excited about. This funding program is that it includes the long called for capacity building and technical support funding so that community organizations have support to navigate the acquisition and development process and are and are building skills as developers along the way. This is how we increase our systemwide capacity for more community rooted housing. Many thanks to Council colleagues for your support of these efforts. Thank you to the Office of Housing for your great partnership on this program and for your shared goal of creating more equitable funding streams to support community driven development. Thanks to Aaron House for working on this policy over the last two years with Tracy Ratcliff as well. Thank you most of all, to the community organizations we worked with in developing the Jumpstart Progressive Revenue and Spend Plan and the programmatic details. This Community Self-determination Fund. Thank you. You sure there's not anyone else? You need to think. That's all I've got in the list. All you got. Okay. Are there any comments from my colleagues before I hand it back over to Kels for her build? If there's anything she wants to close with. Okay. Not seeing any calls from her. Was there anything else you want to add before we move on to the to the vote? Sure. I just want to recognize for the record that there are some questions that I had in committee that Councilmember Mosqueda and Council Central Staff Thoracic Club , help me answer. I was concerned that we were still there was still a gap in the types of acquisitions that we were prioritizing. And it's been confirmed for me that the legislation does, in fact, include include legislation that prioritizes the acquisition of existing occupied buildings, not just land. So thank you. Right. Thank you. So let's see. All right. Madam Clerk, will you please call the roll on the passage of the bill?
Speaker 0: Peterson.
Speaker 1: Yes.
Speaker 0: Some members want.
Speaker 2: Yes.
Speaker 0: Council Member Strauss Yes. Council Member Herbold.
Speaker 2: Yes.
Speaker 0: Councilmember Lewis. Yes. Councilmember Nelson.
Speaker 2: I. Council President was I.
Speaker 0: Ever none opposed.
Speaker 2: Thank you. The bill passes. The chair will sign it. And Madam Clerk, please affix my signature to the legislation. We village. Item number nine Council member Herbert again will be speaking on behalf of Councilmember Mosqueda. Madam Clerk, please read item nine into the record. Agenda Item nine Council Bill 120338 an ordinance relating to grant funds from non city sources. Authorizing the Human Services Department to accept specified grants and execute related agreements for and on behalf of the city. The committee recommends the bill pass.
AN ORDINANCE relating to housing for low-income households; adopting amended Housing Funding Policies for housing programs and investments; authorizing actions by the Director of Housing regarding past and future housing loans and contracts; and ratifying and confirming certain prior acts.