Commission meeting so moved. Commissioners there is a motion and second to approve the minutes. We have a motion and second. All in favor . Aye. Opposed motion pass unanimously. The minutes of the october 11, 22 meeting were adopted. Item 3 is Public Comment on executive session. We will take Public Comment on executive session is there Public Comment in the room . Seeing none. Will provide instructions for remote participates. Thank you president adams. At this time we will open the queue for anyone on the phone who would like to make Public Comment on executive session. Please dial star 3 if you wish to comment. The system will let you know when your line is open. Others will wait until their line is open. Comments will be limited to 3 minutes per person. The queue is open. Dial star 3 if you wish to make Public Comment. There are no members of public on the phone wish to make Public Comment. Thanks. Public comment is closed. Next item 4, executive session. There is one conference wi
Now app. The impact on tax incentives on Affordable Housing was the subject of a hearing from the finance committee. They spoke about the rise in home prices and addressed concerns about equity firms and corporations buying properties in low income communities which could push out residents. [indistinct conversations] the finance Committee Meets this morning, this hearing comes at a time when americans are being clobbered by climbing rents and home prices, key drivers of inflation. Data last week showed that rent increased in june at the fastest rate since 1986. Buying a home is becoming more expensive. Many young people with modest incomes or big Student Loan Debt , feel that the dream of homeownership has slipped out of their reach. The root cause, the United States is not building enough housing. It has been that way for decades. The shortage is effecting citizens and cities all over america. For example, my hometown of portland, skyrocketing rent and low supply of Affordable Housin
The finance Committee Meets this morning to discuss how this hearing comes at a time when americans are getting clobbered by climbing rent and home prices, key drivers of inflation. Data released last week shows rent increased in june at the fastest rate since 1986. Buying a home is getting more expensive. Many people that have modest incomes for big Student Loan Debt feel like the dream of homeownership has slipped out of the reach. The root causes the United States isnt building enough housing. The shortage is affecting citizens and cities all over america. For example, my hometown of portland the skyrocketing rent and of low supplies is also an issue in the central oregon, Southern Oregon and Eastern Oregon where they cant build enough housing fast enough to keep up with demand. I would be willing to bet we would be talking about a number of issues this morning and i would just like to raise a relatively new issue that deserves scrutiny and that is private equity firms with sophisti
The finance Committee Meets this morning to discuss how this hearing comes at a time when americans are getting clobbered by climbing rent and home prices, key drivers of inflation. Data released last week shows rent increased in june at the fastest rate since 1986. Buying a home is getting more expensive. Many people that have modest incomes for big Student Loan Debt feel like the dream of homeownership has slipped out of the reach. The root causes the United States isnt building enough housing. The shortage is affecting citizens and cities all over america. For example, my hometown of portland the skyrocketing rent and of low supplies is also an issue in the central oregon, Southern Oregon and Eastern Oregon where they cant build enough housing fast enough to keep up with demand. I would be willing to bet we would be talking about a number of issues this morning and i would just like to raise a relatively new issue that deserves scrutiny and that is private equity firms with sophisti
The finance Committee Meets this morning to discuss how this hearing comes at a time when americans are getting clobbered by climbing rent and home prices, key drivers of inflation. Data released last week shows rent increased in june at the fastest rate since 1986. Buying a home is getting more expensive. Many people that have modest incomes for big Student Loan Debt feel like the dream of homeownership has slipped out of the reach. The root causes the United States isnt building enough housing. The shortage is affecting citizens and cities all over america. For example, my hometown of portland the skyrocketing rent and of low supplies is also an issue in the central oregon, Southern Oregon and Eastern Oregon where they cant build enough housing fast enough to keep up with demand. I would be willing to bet we would be talking about a number of issues this morning and i would just like to raise a relatively new issue that deserves scrutiny and that is private equity firms with sophisti