Transcripts For SFGTV Government Access Programming 20240714

SFGTV Government Access Programming July 14, 2024

Interpreters of necessary we had quite a few different areas that they could go to, or tables. One was all about encouraging homeownership and answering peoples questions. As you can imagine, it would be the first time buying a home and they have a lot of questions. We spent a lot of time talking individually with people who are interested in that. We also had information about what those might look like youd that is really exciting and people like to engage in that. We had information on future rental housing which is a little bit further away. As far as timing goes youd that helped people understand what the future rent might look like and what amenities be there in the building. That was a give and take and a chance to talk to everyone. One of the big push as we had in may was information about the cash Payment Option and you all agreed to offer the earlier, then was anticipated originally with additional housing rules and regulations. So far we have had ask people complete the process of signing an mou, and they are moving from the island we said that early in the cash Payment Option. And then we also had a table we were just encouraging people to sign up for the premarketing notices. Which is one of the rights they have and helping people understand why that is important. Part of that is making sure we have current Contact Information for every adult and family so we can go ahead and engage them when necessary. We will talk more about that in a minute. What we are focusing on this pathway to homeownership. Focusing on the 63 households falling in the income range. We have that information based on interviews with folks and followups with them. Right now we have individuals at Treasure Island advisors who are engaging them when i want and trying to understand more about what their interests are their needs. And the barriers they have pertaining to education. That is one third of our population are those folks that we really believe might have an opportunity to purchase a home. We are pretty excited about that. You all have seen this before, this is out of the Education Program that we are leading folks through. A lot of this information has been available to occupants on the island through flyers we have created an email blast that we have given them and letters we have sent. One of the first questions is, sure i am interested in purchasing a home but i dont even know what that means. One of the things we want everyone to understand is there is two products, we are going to meet housing and there are condominium that are available for purchase get some of those are for purchase at market rate. Some of them are available at below market rate. The very first ones we are offering are why din we have 14 of those areas thats really exciting, just like many of our community, how much is that going to cost . So we walk people through and we say, heres your target if your income falls between 70 and 130 percent we want you engage in this Education Program. What does that mean . What is your income . If you are at 80 percent of income and youre going to purchase a two bedroom this is a sample of cost estimating. The cost of that unit could be 230,000 dollars. Sometimes that gets people like oh, i didnt know that thats a whole different way. I might be able to do that. That is where we continue to engage people and we say thank you. Lets talk about what that means to you. And how you get there Education Programs. Here are some of the facts that we test out to people, because there is a lot of detail and we tried to make it so everybody can understand what those details are and what we are targeting is we are targeting the group between 70130 percent of income. People are just stating their income. We understand ultimately the homes we are having are going to be for people up to 120 percent of income. Peoples income varies so we dont want to miss out on people so we are broadening that. Some of the facts about it is there will be at least one person per bedroom. They absolutely go through a pathway to ownership. It takes a while to do that. We are trying to get people to engage with us and the process with us. We really need them to register for the premarketing notice this so we can say units are available, now is the time lets get going. Then they will have to make an offer to purchase the home. Then they will request nonpayment assistance from tida which is a great benefit they have available. We asked they will be able to purchase homes as early as 2021. One point i did want to make we do have more opportunities for purchasing homes in the future. These units are not the only unit we will have available. We will continue to direct home on Treasure Island in the future. We are really eager to fill these 14 with our people. The homeownership Engagement Campaign is really a brain farm of bob and marion. They really want us to make sure they are really focusing on the one third of the population that could potentially purchase homes are yet how do we do that . Right now we have 63 in that group that we know of. We are actively contacting them and engaging them and answering any questions they have and directing them to homeownership. We have 13 of those households that have already completed the six hour workshop that is required which is fantastic. That leaves our target audience for this campaign to be 50 households. What can we do to remove the barriers for them to get into education. What answers can we give them so they are inspired to say, i know this is hard, but this something we can do. Part of this Outreach Campaign that we are doing for the homeowners of engagement. We are going to continue with the outreach. Were going to continue to try to find out what barriers they have going to class, maybe it is the cost of going to a class. Maybe its the fact that its a sixhour class. Does that mean we can break it up into two different times per week. Maybe. There are those classes that are available. Is it a language barrier . Is it a childcare issue. That is something we need to explore to see how we can remedy that. In the fall we are going to have an open house that is typically directed to homeownership. The ones we have had in the past, everybody come, go to this table and we will give you more information. In the fall it is going to be civic to homeownership. We really want you to come, this is what we are talking about. We are really looking forward to that emarketing that to everyone and making sure we have a oneonone connection with them so they can come visit us area the y vi as a pre market event as a market contest and that will be happening late fall. Again the Treasure Island advisor, oneonone guidance for each household. Again, as i mentioned, we have 13 household have artie completed the six hour workshop. All of the information, this is not new information to them because we continue to provide information to the households on this. We are really trying to engage as many as we can. 13 have already completed it, and we have 50 more. The pathway that is interesting, might be helpful if anyone asked you this area there is a sixhour class they need to take, and walks them through what it means to be a homeowner in the project area then they get a two hour oneonone counseling. Then they can really sit down with a counselor that would not bs, thats a specialist thats it down and says this is what you need to do to become a homeowner in this campaign which is fantastic at the end of that they receive a certificate that says you have finished this. And then the next step is getting everything in order, and then eventually purchase a home and hopefully y vi. This is just a sample of the five organizations in the city that offer these firsttime homebuyer passes. As you can see in this, there is a lot of classes offered on saturday during the summer. They are six hours, theres a variety of languages. Some of them offer them, there is classes offered every month. New classes offered every month, this is just a sampling of whats available in july and august. Like i mentioned there are some classes broken up into 2three hour segment. We will continue to give them information on that. The premarketing notice list signup is again, the right they have to be notified when housing is available on Treasure Island. To date we have 108 leaseholders that have signed up for that. We are going to continue the campaign to get information out to people and encourage them to sign up with us. Here is the general calendar about where we are at. We are really strong on the homebuyer Education Campaign right now. Around october to december, later this year we are going to be sending out the premarketing notice list for market rate condos not the below market rate. It will be another year before we send out for the below market rate condos. We will continue to keep people involved and understand the process area and then the condominium will be ready for occupancy around mid 2021. As bob mentioned earlier, our goal is 100 percent leaseholder engagement by the end of the year. We really want to target that one third of the population that could purchase homes and get them involved in the Education Program. We want to fill those 14 units with our people. Summer and fall we are going to continue with our Community Engagement helping households understand the available options and a lot of that is just one on one with folks for one of our outreach effort and continuing to work with those who are interested in the cash Payment Option. We have six that have taken that option so far. This is the information for folks to reach us. We get calls every day in emails and we respond to folks within 24 hours we really try and engage them and answering questions that they have. That is our presentation for today. If you have any questions im happy to take those areas directors i will open it up to you. Thank you very much, that is a great presentation. I have a couple of questions. First of all, we would need a hard copy, and a digital copy of your presentation for this particular information. It is extremely essential. And to make sure you give that information to us. We share this information with a lot of constituents. Question number one, if for those individuals that are in the targeted group, how are we treating them. What is in it for them. What do we tell them . That is part of the education on open houses to date. Part of that is we have condominium available for purchase on the island at market rate, which is fantastic. We guide them through that. One of the basic right is that there will be Housing Available for rent on the island, and that their rent can be, the base of the rent they are in now is adjusted every year and one of the best benefits have is they can continue on the island in a new apartment and continue to pay the base of the rent. At the end of the day, to know where everybody is. [inaudible] again, pacific question or something, so when that arises we can just say this is where we are. You have this household, six that decline the interview. Have you developed a profile case on them . What we have, there is six percent, there is 10 altogether who have not responded to us area we do have a file for each household area documenting every house we outreach. When they do call we have information and we are able to respond to them. We can make that Information Available to you all. We are hoping that we wont need to because we are hoping we can engage those remaining 10 households pretty quickly. That is very important. Make it available to us, and the supervisor for that district. When we go back to the island that is when we truly hear from people that they have never heard, in two years to get it can power this commission to know what you are doing, if youre going the extra mile and if you are hitting everything, that is what we really want to know so that way we can engage them to protect you im sure the supervisor may want to have it, so when he does his town hall meeting he has all of that information. He can look at the list and say, you know, we reach out to you or something, it is very important to know. Thank you. Do you mind putting back the slide with the breakdown of the unit types that are available . Thank you. Just curious, out of these unit, this video, onebedroom, twobedroom and threebedroom what the ami levels are . Are you saying that any of these unit types you would be able to accept applicant from the one 20 percent ami level tranv so, the average ami, for the collection of bmr units would be 100 percent of ami. There is a process we go through with moh to set the price right for each individual unit. Some may be price at 80, summer 90. Some at 105, some at 120. Friends ands, one priced at 85, anyone from 80 up to 95 would be able to potentially qualify for that unit. There will be a variety of price points. The average will be 100 percent of ami. The price points for each individual unit have not been set yet thats interesting. For development in general, usually the ami level is set at the entitlement phase i assumed it was artie done. It sounds like it is yet to be determined. We will be look working with moh have to finalize. My followup question will be much more applicable. I was curious if we have any kind of Data Available of the 50 target on bmr qualifying leaseholders, whether or not we have fair ami red or income levels. The majority of our current residents who nullify for these unit are at 80 percent, we would probably want to consider driving more at the 80 percent versus the 120. That would just be helpful information i think the board to see, maybe in the coming month. We do have that, because those households identified on the incomes that they reported to ar ws. For each divisional household we know where theyre at. Generally speaking, they tend to be clustered around 100 percent with, you know, a normal distribution as you would expect. We do have people spread throughout the range. Just a comment to director richardson question earlier about the 70 up to 130 versus the 80 up to 120. The incomes that have been read it are selfreported. They want to reach out to a broader range so when we go through the actual income certification process, people may find that they actually earned a little bit less, or little bit more than they were visualizing in interview. People may be looking at decisions. If i met 70 percent and i, you know, pick up a second job i could get up to 80 percent. Some places where they might be able to make some adjustments that would allow them to qualify, if they understood what it would take. I would assume the island resident there ami spread is below the hundred percent. Obviously ami is 80 and income for the entire area. Within the range of those that fall between 80when 20 percent. The overall average, depending on what we are looking at twobedroom, threebedroom or fourbedroom. The average of those people that are within that 70130 range, it was a distribution across the range. In a competitive scenario we have one unit that is available that is video, and its available at the 80 percent ami. We have more than one applicant that qualifies. What happens then . Will go into the citywide pool of people that are qualified for Affordable Housing. When this first building comes up to marketing, the Mayors Office of housing will conduct a lottery as they do for all Affordable Housing opportunities. All of the Treasure Island resident that are in that pool will move to the top of the list. They will be in the order drawn to the lottery. Thank you. And then just out of curiosity, why are the premarketing notices for the bmr unit coming out to your later than the market rate. Im sure you have a good reason . [laughter] i will take that one again. Just because the premarketing for the market rate, the Treasure Island Community Development wants to start a premarketing wants to start early so they can do presales for the market rate, partially they have a much larger number of units to absorb. That is why the premarketing for the market rate will start earlier. Through the transitional housing rules and regulations, our resident have a premarketing window before tis ed can do any presales to the public. Whereas, for the affordable, our people will be at the top of the lottery. That can wait closer to occupancy. Thank you. Lets see, mr. Giutsi, do you have a question . The question is more around the price of the units will be. I understand they have not been set yet. Considering the price of real estate in San Francisco now, is it possible that the belowmarket rate is giving off some of the folks out that might be at 100 percent. I guess i just dont understand how the belowmarket rate price is going to be set . Bob is really much better at this area but we are trying to explain to people is the market rate units are market rate and that will be set by the market in San Francisco. The below market rate units, this is hard to get your head around, it is based on income. If we say a unit is available at 80 percent, for a household that has 80 percent area Median Income. Your that person, it backtracks and says what can you afford to pay for the dwelling . You take your monthly, which you can afford to pay, but then you multiply that out to decide what is the price of the home . What kind of loan can you afford if you are at 80 percent ami. It is accurate, especially if you have done real estate all of your life. This is different. It takes a minute to get your head around it. That is one of the reasons we are engaging with people is to help them understand. It is confusing. Actually, that makes a lot of sense. Even if you said the unit were, you know, if it 1,500,000 public unit and we will give it to you for half, it will 750,000 dollars to get thats one of the reason, we brought to the board in the past some great pamphlet that we have handed out. A lot of the things that you see on our Powerpoint Presentation we put into pamphlet, booklet form for flyer form so we can walk people through. We get it is confusing, we want to answer as many questions as we can. Just out of curiosity when you say there is about 10 el

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