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178 <br /> Approved 10.1.25 <br /> 550 Beth Trahos: That is not being considered tonight. <br /> 551 <br /> 552 Delores Bailey: Thank you. My second question—I'm done with the traffic piece of it,though I am concerned <br /> 553 about all of the folk who stood up and had traffic issues, and understandably, adding 49 more <br /> 554 homes to this area is going to absolutely cause a traffic situation, but I'll just say that piece. My <br /> 555 second question is I appreciate your statement about housing being a major need in Orange <br /> 556 County. I more than anybody probably on this panel know that, but as you may know,the most <br /> 557 needed housing in Orange County is for families earning $50,000.00 and below. Will any of these <br /> 558 homes been available for families earning that kind of income? <br /> 559 <br /> 560 Beth Trahos: This is intended to be a market-rate project, so, given the cost of development here these will be <br /> 561 market rate. We're not proposing affordable housing. <br /> 562 <br /> 563 Delores Bailey: And I appreciate that. Understandably,there is plenty of housing at market rate around here and <br /> 564 not as much for affordable housing. <br /> 565 <br /> 566 Beth Trahos: Well,we still see demand for housing at all price points, and that's why we're here proposing this <br /> 567 project. <br /> 568 <br /> 569 Delores Bailey: Okay. So, my main concern would be that there is no affordable housing in any of this,and that's <br /> 570 a concern for me. Thank you. <br /> 571 <br /> 572 Lamar Proctor: All right. Beth. <br /> 573 <br /> 574 Beth Bronson: I'm, I'm still kind of formatting my questions. Do you mind coming back? <br /> 575 <br /> 576 Lamar Proctor: Sure. No problem. Whitney? <br /> 577 <br /> 578 Whitney Watson: Sure. Thank you, I'm going to follow up a little bit with Delores'question. Could you describe then <br /> 579 what the target audience is,or buyer is for these homes? Is it 50 plus empty nesters? Is it <br /> 580 families with small kids? All of that has an impact on both traffic and uses of the space. <br /> 581 <br /> 582 Jason Rivenbark: Jason Rivenbark with Forestar. We don't have an intended restriction or on who the intended <br /> 583 buyer would be. It could be young families, professionals. It could be people over 50,whatever. <br /> 584 We're not restricting that. <br /> 585 <br /> 586 Whitney Watson: To be clear, I don't expect you to say a restriction, but in the marketing materials who is likely to <br /> 587 receive this, and who are you going to spend your marketing dollars on? Is it young families with <br /> 588 kids or is it people who are thinking they're going to retire in 5 years or so. <br /> 589 <br /> 590 Jason Rivenbark: I could see it more geared towards people that are empty nesters or getting ready to have all their <br /> 591 kids in college or moved on. That type of audience is probably that. We see that. We also see <br /> 592 move-up buyers where they have a home,and maybe their family has grown or they've grown out <br /> 593 of the space they had,their lifestyle has changed or something and they're looking for something <br /> 594 like this. <br /> 595 <br /> 596 Whitney Watson: All right. The other question I had seems to do with the recreational activities. The applicant was <br /> 597 really clear the trails are going to be private. There is also nothing in there about if it's a private <br /> 598 recreational opportunity,what is the county getting out of granting permission for the development <br /> 599 to have private recreation? Is there an in-lieu payment coming or what's going,and especially <br /> 600 since that comes up not just with the neighbors but also from the town of Hillsborough. They were <br /> 601 very clear about that concern. <br /> 602 <br /> 603 Beth Trahos: Oh sure. <br /> 604 <br />