Minutes 06-07-2022 Business Meeting

Browse Search

37 1980s and 1990s they were 2-6 cents per year. He said that drives people out of the county. He said the county does not have the legal ability to do anything about gentrification. He said they have the ability to do what they are doing with grants and that is about all they can do because they cannot change the tax factor. He said that he will go along with whatever the Board wants to do. Commissioner Greene said the fiscal responsibility is within the county's control. She said that the 100% estimates do not scare her because she knows the county has control over how the funds are spent. She said that said she understands what Commissioner McKee is saying about 60-80% AMI. She said that she knows the tax burden is very high. She said the Board should be looking at the income formula and supports the 80% AMI requirement. She said that after talking to people at Justice United, she thinks 2% of income will hit more of the people who need it. She said she is aligned with the 2% scenario on page 7. She said that staff's formula suggestion is a good one and agrees with going with that. She said she feels that the age of the homeowner is a factor and should be considered. Chair Prices said she agrees it is a factor but that the length of time should be prioritized. Commissioner Greene said that she agrees with the length of time as well, but the age is also important. She said she agrees with the multiplying factor if that has been proven. Commissioner Hamilton said she agrees with Commissioner Greene that the Board controls the sustainability of the program with the cap of how much they put into it. She said she is open to choosing the 2% and the 5 years. She asked for more information on how the formula is used. She asked how that number is then used. She asked if it is used to rank because she wants to be very clear on the metric for determining prioritization if they have limited funds. Chair Price and Commissioner Hamilton invited George Barrett to answer this question. Commissioner Hamilton asked how the number from the formula is used to prioritize. Commissioner Richards said she understood it to mean if there are 'Y' number of requests and "y" money, then they would do a factor, and everyone would get 3/4 and that would be the factor adjusted to meet the amount of funds available. Commissioner McKee said that is how he understood it. Commissioner Hamilton asked for clarification on the total formula. Commissioner Bedford said that did not make sense. Commissioner McKee said there is a dual process. Commissioner Hamilton said there is a number and asked what the number goes to. George Barrett said that it did not rank someone, and the end number is an amount. He approached the dais and showed Commissioners Hamilton and Greene a demonstration of the formula. The rest of the Commissioners could not see this. Bonnie Hammersley asked that the formula be emailed to all of the Board members because the demonstration was not very transparent. Chair Price said the number that is derived is a dollar amount. Commissioner Bedford said she likes the bottom of page 7 or a weighted score. She said each category could be assigned a weigh based on prioritization. She suggested determining the program they like first and then the prioritization. Commissioner Hamilton said the formula is a weight. Commissioner Fowler said she agrees to 5 years and including tax burden. Chair Price said the formula is tried and true because the Jackson Center is using it now and she likes it better than trying to weigh individual factors. A motion was made by Commissioner Greene, seconded by Commissioner Bedford, to adopt the plan that would include residents who have owned their home for 5 or more years,