“The purpose of the Rental Homes for Future Homebuyers Program is to offer affordable rents to support a pathway to homeownership for income qualifying households.”

“rents needed to increase to guarantee we could continue to maintain safe and quality housing.”

“I think it's really it would be a really good idea to actually speak to the tenants and where they're at because I understand you know there's the paperwork where their income is at but you know like I grew up in low income housing and know that the reality can be very different in the sense that there can be so many unexpected costs...”

“SOME OF THE IMPROVEMENTS HAVE BEEN MADE. THEY'RE GOING TO BE MADE WHERE IMPROVEMENTS SHOULD HAVE BEEN. WE SHOULD HAVE BEEN MAKING THEM OVER A PERIOD OF TIME AND NOW AS IT APPEARS TO ME THAT MAYBE THE BURDEN OF THOSE IMPROVEMENTS NOT BEING MADE IN A TIMELY MANNER IS BEING BORNE BY THE PAY THE CURRENT TENANTS.”

“GIVEN THE FINANCIAL SITUATION OF THE MEADOW SOUTH AND SECONDARY POSITION OF THE HRA AS LOAN. THERE IS FINANCIAL RISK THAT THEY WILL NOT BE ABLE TO MAKE FUTURE PAYMENTS ON THE LOAN”

“AFTER THE PANDEMIC AND THE EVICTION MORATORIUM WE BASICALLY SPACED ACROSS THE PORTFOLIO. WE LOST ROUGHLY 63% OF OUR REVENUE ACROSS THE ORGANIZATION TURNS TO NONPAYMENT OF RENT”

“I HAVE A PERSONAL STAKE IN THIS ONE BECAUSE I WAS HERE TO GET DEAL DONE AND I FEEL BLOOMINGTON IS A GREAT PARTNER AND WE DO NOT WANT TO DO ANYTHING TO DISRUPT THAT RELATIONSHIP.”

“I WILL SUPPORT THIS ONE THIS YEAR BUT IF THINGS START FALLING APART IF NEXT YEAR WE HAVE TO COME BACK AND DO THIS AGAIN IT'S REALLY HARD TO JUSTIFY THE CONTINUED PUBLIC SUPPORT”