Questions. Thank you any Public Comment on this item . Seeing none, Public Comment is closed commissioners commissioner ho. Yes first of all i want to commend this is a great report it must have been about a and a half maybe it started it caused quite i guess an uproar among the attended as far as the changes we had to go through a lot of changes first of all congratulations to the staff from monique on down to elaine who all worked on it be were pleased to see were operating in the black and after debt payment well have the capital available to work on some of the permanent requirement i guess i had a kwouch of questions one i see the gap beyond the 12 million and 6 million i guess its a question of whether that k can be phased with the money our that projecting i guess after one of the major loans are paid off you still will have the boating loans i dont know if youve do the analysis to see if that matches up 7, 8, 9 wise with the application of the 5 million. Its a great thing that
Changes we had to go through a lot of changes first of all congratulations to the staff from monique on down to elaine who all worked on it be were pleased to see were operating in the black and after debt payment well have the capital available to work on some of the permanent requirement i guess i had a kwouch of questions one i see the gap beyond the 12 million and 6 million i guess its a question of whether that k can be phased with the money our that projecting i guess after one of the major loans are paid off you still will have the boating loans i dont know if youve done the analysis to see if that matches up 7, 8, 9 wise with the application of the 5 million. Its a great thing that the bond are repaid the same time as the year starting the permit goothsz are required so we have then surplus revenue of one Million Dollars we can fund against or the new cal boating loans it didnt pay for all the decimal we have a gallop and staffs plan to address that plan is 3 fold one to ask ca
They also addressed concerns over private equity firms and Real Estate Companies buying properties and low income communities, which could push out long term residents. The finance Committee Meets this morning to discuss housing. This comes at a time when americans are getting clobbered by climbing rents and home prices. Key drivers of inflation. Data released last week showed that rents increased in june, that the fastest rate since 1986. Buying a home is getting more expensive. Many young people who have modest incomes and big Student Loan Debt feel like the dream of Home Ownership has slipped out of their reach. The root causes, the United States isnt building enough housing. Its bill in that way for decades. And the shortage is affecting citizens and cities all over america. For example, my hometown of portland is skyrocketing rents and low supplies suitable housing. Its also an issue, though, in central oregon. Southern oregon, and eastern oregon, where they cant build enough hous
This hearing comes at a time when americans are getting clobbered by climbing rents and home prices, key drivers of inflation. Data released last week showed that rents increased in june at the fastest rate since 1986. Buying a home is getting more expensive. Many young people who have modest incomes or big student loan debt, feel like the dream of Home Ownership has slipped out of their reach. The root cause is, the United States is not building enough housing. It has been that way for decades, and the shortage is affecting citizens and cities all over america. For example, my hometown of portland, as skyrocketing rents and low supply of suitable housing. It is also an issue, though, in central oregon, southern oregon, and eastern oregon, where they cant build enough housing fast enough to keep up with demand. Id be willing to bet that every member on this panel is hearing the same story. Now im going to talk about a number of issues this morning, and i would just like to raise a rela
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