you you April 14, 2025 to order of the Newsprint of Beach House authority. Do you want to do roll call, please? Theresa? Yes. Commissioner Davis? Here. Can I, Commissioner Bennett? Here. I need to write it down. I need to write it down. I need to write it down. I need to write it down. I need to write it down. I need to write it down. I need to write it down. I need to write it down. I need to write it down. I need a lead in notice. You need to write it down. I'll do the presentation. And Michelle, you'll do the pledge, sir. We'll stand up, right? Yes, it's for the free. I pledge allegiance to the flag of the United States of America and to the Republic for which it stands, one nation, one God, individual, with liberty and justice for all. You didn't do the indication, but I will do it. OK. Heavenly Father, we call upon you to give us your wisdom and your guidance as we begin to do the business of the housing authority of New Simer and Abige. We need your help, Heavenly Father, and we hope that we receive it. We understand that there are others ahead of us, but if you could help us this evening, we'll be most appreciated. Amen. Amen. Thank you. Nicely done. Okay. First on the agenda is the approval of meeting minutes from February 10th, 2025. So moved. Do I have a second? Second. All in favor? Aye. None opposed. Motion carries. All right. Tenant account charge-offs. That would be you, Theresa. We only have one that was a deceased tenant for $16.60. Okay. Thank you. Do we have to vote on that or anything? Yes. We do have to have the second emotion. All right. Charge that all. You have a motion to approve this charge off. Second. Okay. Second. So Sue made the motion. Michelle seconded. All in favor. Aye. Aye. None opposed. Motion carries. There are no assets to condemn. And do you want to go into the vacancy reports now, Theresa? Yes, our property manager, director of operations is here. Just speak when that Miss Crystal. Hi, Crystal. Good afternoon. Good afternoon again. I did the same thing after. We don't want to do this all over again this day. We're happy with the evening. Yes. We have a very good update. I have all of the units in open market, rented. Yes. We've posted on the website, made the flyers, posted the flyers to different pages in Facebook, like Newsy, Relator pages, just getting all the words out. We opened up the wait list on the website to let everybody apply. It's made it a lot easier with the applications. So we have more than just one here, one here. We can get all the documents at one time. So we have some in the background for when the other units come open. We already have applicants that have the income guidelines, the families per bedroom size. So we've come a long way the last board meeting. So we've worked and busted, but especially with Aiden, she's helped me a lot with applications and background checks just because I'm drugging in different millions of directions but wanted to make that the number one priority and that's what we did. So they're all filled. We have the vacancies still in Turgot, but we've come to an agreement with our contractor who has kind of been a little flexible with the pricing so we can keep it affordable and not have them charge us such high rates. They've worked with us with unit turnovers and everything else too. So that's expedited the process a whole lot more than before. So that's what I have at the moment. So we changed the process we were doing before. Instead of having our maintenance turn our units in open market development, we hired a contractor to come in. Contractor cost $3,800 to turn the entire unit and had it done in 10 days. Marvellous. And is willing to continue this relationship? Yes. Yes. Wonderful. Depending on how much work they have to do, we have to get a quote each time. But, right. This was a three-bedroom two-bath. It was a large unit. Wonderful. Yeah. Good job. Thank you. Very nice job, thank you. We're very excited to do so many. Thank you. Thanks, Chris. Because you're right. Thank you. I will say, underneath the public housing report, I started what we called the demo vacant units for enterprise homes to keep the board informed of how many vacancies we have for West Side Phase 2. So right now we have, I think there's another unit vacant, but right now I have 11 listed out of the 40 that are on enterprise homes. So we have 11 vacant. We did have a situation with a squatter, not this weekend, the weekend before this. And there was nobody in the unit, but you could tell somebody had been in that unit for quite a while. I guess they had busted the window, not busted it, but pride the window opened. We have screws in them, but they got screws out, got through the window, opened the front door, and just would only go after maintenance knocked off and would leave before maintenance showed up at the maintenance shop the next morning. But it was, it's pretty nasty. There was nobody in it when the police got there, so it's been locked up and secured. We are going to board those two buildings up and we're also going to board up the units on enterprise just for the same reason. We have older teens in that property that like to get into the sheds and you know try to pop the windows and get into the vacant units and just cause damage and it's just better to secure the properties that are vacant. So that's kind of the overview of all of the vacant unit reports then did you want to go over each one individually or what you just said? No that's everything the only other one we have was the one that Miss Crystal told you over on tour got that has to have new cabinets put in. Okay great good thank you for the synopsis., property report. Okay, this is our year to date from April to March 31st for public housing. You'll see that we have 91 units. 30, 34 of those have been demoed. 40 of those are in natural disaster. We have 40 online. That's part of the 11 that are vacant now. So we have 28 in that property. And we have 11 at Don at Donnelly homes so we have 39 occupied units at this time. Teresa, yes. I'm sorry. How long can we manage this with so few units? How long are we going to be able to manage this finance? We're still receiving capital funds and operating subsidy up to five years Did tell me last week that there's a ddta that I can apply for that'll extend that farther So as we apply for tax credits and don't get accepted I extend the Contract with HUD to get the operating subsidies for those properties. And if you could refresh my memory, will this be the third time we're applying to this state? For this state or Florida for West Side Phase II? This will be number four. Number four. Yeah. But we do have $20 million for landings at LIVO. Right. All right. Let's go. Also, all the recertifications for public housing were done on it in a timely manner last year. If you look, we had a total of 3,356 work quarters and 3,000, six of them were completed. We have a balance of 50 and that 50 balance is because we did inspections at the end of the year last year and they are still working on those unit repairs for those inspections. It took an average of 1.28 days for the work orders to be turned over. Our rent charges for the year, year-to-date rent charges in public housing was 273,138, and we collected 262,945 for 96.27% collection rate. At the end of March, we had 225 people on our workforce housing wait list. Any questions on public housing? Why do you think the number in the wait list has diminished so? Well, because it's been a year since we opened the wait list and the wait list is purged every year. A letter goes out from our third party inspection company that are not the wait list company. A letter goes out and says, hey, it's been a year. You're still interested. You need to go into the website. You need to update your information. You need to click send so that we know that you're still interested. That goes out 30 days before their expiration date. Another one goes out seven days before their expiration date. If they do not go into the website and re re up their application then they're dropped. So we lost about 125. Do you think some of those are because we're moved to work agency? No I think a lot of those are probably out of state or, you know, just, you know, don't want to move here or just didn't respond. You know, if we had homeless people, they change their phone numbers and email addresses all the time and they may have not got the update. other questions on public housing? Okay, market rent. We have ten units, seven occupied, three vacancy at the end of March. Those are now all. Well, we have one that's moving in May first, but we have a deposit. Everything for that. Work quarters, we had for the year, 653, 646 were complete, and seven of them, they're still working on. And the average day was 0.03 days to complete those. In our collections for counts receivable, we charged 96,630. We received 93,560 for a 96.82% collection rate. It's superior collection rate. Superior. Yeah, Miss Crystal stays on top of that. Bravo. Congratulations. In our development corporation, we have 12 units and we have 12 units available There are none offline and I believe those are all occupied right now except for the one that we're waiting for the cabinets We had a total of two vacant units turned which took 169 days So that's the reason we started started going with the outsourcing of the unit turnovers with the amount of grass that we have to mow. We mow 11 acres of grass every week, which is mowing, edging, weedy, new, blowing. So it takes four days out of the week to do our landscaping. I did reach out to the city to see if they would partner with us to do the lawn care but they said it was too much land. So they declined. All recertification were done in the last year. Workquarters year to date was 740, 734 were completed. There are six of them outstanding. And sometimes these outstanding work orders are administrative errors. And we go back in and find out what's going on. It's like the work orders were not closed out correctly or something. So they kind of stand open. So we do work on those at monthly. Inspections all 12 units were inspected and they are working on they have already completed those work orders and those units. Collections we had a total 152,671 charged. We received 155,428 with a collection rate of 101,101.81%. Okay, thank you, Theresa. Any questions on the property reports that she's presented? Again, congratulations to you, Crystal and to Aden for getting this problem solved. All right. On to the FSS report. Okay, we have 64 contract signed seven of them bending for a total 71. Our Ross grant will end the end of this month. So the people that are in the Ross program which is 24 that are in public housing. We will switch over to the FSS program. Now not all 24 of those are working families. I think about 11 of them are, so those will be transferred over to the FSS program to get us over the 75 that we need to get a second case worker for next year. So we'll have a grant for two case workers in FSS next year. The ministry continues its partnership with FSS by supplying funds for people to take courses to help them a vehicle repair. I'd like to thank Teresa for coming up with I think a more effective method of approving the Money that are going to be spent that's protection for the agency and for the church. Yes. Yes. Very nice Any questions on FSS? No Or Ross Ross was the next one and that's the public housing that we're getting ready to, you know. Have 11. Yeah, we'll have 11 out of the 24. The other 20, the rest of them are older, earlier disabled folks. And they don't qualify for the FSS program. All right. The next report is our HMI S report, which Miss Aiden is going to stay on top of this. We are senior food bags since October 275. And an average cost of $15 a piece for a total of $26.55. Homeless food bags, $503 since October, average cost about $10 a bag for $2140. Frozen meats, $302 bags, average cost of $15 for $21.75. 20 hours, $20 an hour for food stamp assistance. There's been 81 applications for food stamps since October. Miss Aiden has taken over that position and the community center part on Tuesdays and Thursdays. We have cut back on our hours, our reduction and force. So we have cut back the hours for our resources so that we're still open during the hours that they're serving hot meals and that the God's bathhouse comes on Thursdays. So we're still providing services just, you know, not open every day of the week to the community. So we've cut it back. So Thursday's is God's Bathhouse and Aiden makes appointments for food stamps. And then Tuesday's of course is our senior bags or homeless bags or frozen meats. And the gift cards from our lady to store in the sea. The gift cards from our Lady Star of the Sea, we've done 368 since October at $10 a piece. That's 3,330. Bus passes. This is also with our Lady Star of the Sea, $87. $4 a piece for $224. MREs, we've given out 127. Those are given to us from the county. And when we run low, we ask them for more they bring us more. the . . . . . . . . . . . . . . . . . . . . . . . . . It's about $95 worth of that. Case management hours, this would be case management for HMIS and giving out the homeless IDs. We had 207 hours since October at $20 an hour. We do not have the HMIS system running now, but we do have a trace who is with the Halifax Urban Ministries that comes in once a month on Thursdays and does the homeless IED cards for a homeless. So if he needs to come even more, he will. It's just we're trying to monitor how often he needs to come right now. And that's not being charged to the agency. Get it permanent. Giving up the HNIS. Permanently. You're right now. Right now. We'll see how it goes. For the moment. We'll see how it goes. Well, we just need to do a reduction in force until we can get some grants to pay for the salary. Right. Yeah, so The total number of homeless served was 251 total number elderly served 226 and Number of cost of services provided to $2,246 for a total of $10,690 and $19.00 and it's October. Yes. I have a question. Do we still have that bus that comes once a month that for showers for the homeless and that they give the tables of the new clothing? Yes, that comes every week on Thursdays. Every week, that's very nice. I went in and looked at it inside. They brought me a very, what a nice, nice, they're working on a 40 foot streamliner now. Thank you, Trees. That's a good report. Lots of people getting helped out. Terrific. All right. So I have resolutions next, but then I have new business. So do you want, which one do you want to address first? Let's go over our new business. So we finally received our 40 tenant protection vouchers for live oak homes, for mud, two and a half years later. But that comes with $314,000 of funding for those vouchers. So now we have 501 vouchers in our agency and 91 units. Public housing units. So we're now a medium agency. Wow. Yeah. Good for us. Yes. So tell me that number again, 500. 501 vouchers and 91 public housing units. Now some of those are not able to be, you know, rented, but right now we still have 91 physical buildings. We've heard. Yeah. Okay. We met with the county regarding gap funding last week with Ms. Jane Dixon from Tag Iates and talked to them about some of the challenges and barriers that we're facing with landings at Live Oak and that we're not in a DDT or QCT. QCT is qualified census track and DDT is a designated low income area. So because we can't get those two incentives because of the location of our property, if we go to Florida Housing Finance with say for an example, a tax credit application of $1 million. And our property would be in that those two designated areas which come together, okay, then we would get $1,300,000 for being in that area. But because our, we can't just sell our property and go find the five acres that are in that area because there are no areas of five acres that are in those areas in New Smirno Beach. So, you know, we're explaining to the county that this is our situation. So we have a gap right now, about $4 million of what we have ready to rebuild and what we need. There is another, so, you know, they understood that a little we left. There is another grant out right now for infrastructure mitigation for DR, disaster recovery grant. We are, our developer is applying for that grant for infrastructure mitigation. That will be about a million dollars. How much? A million dollars. Yeah, we're applying for a million dollars to help with the flooding and the infrastructure and the historic West Side community. So that would bring the gap to 3 million. We would pull that out because that's a grant that the county would actually provide the water retention and mitigation of that. So we would pull those numbers out of our construction and the county would take over that part. So in other words, that would not be part of our construction process anymore. But that would be $3 million instead of $4. Yes. Yeah. And there is sale applications that are coming available through Florida Housing Finance will be applying for also. And that's another housing program. So we could get to that $4 million. Oh, yes. Yeah. This year. could very well get to it this year. Yeah that would be good. Yes. Yeah so we're close and our application of courses in Chicago have not heard anything on that yet. I've asked our Jacksonville Field Office to update me on the application process. They're working on that. They're response times a little bit slower right now. They've closed the Miami field office and now Jacksonville is the only field office of HUD in the state of Florida. So the Miami folks have been given the option to retire or move to Jacksonville. So. Do you know anyone in Chicago? I do not. I do not. But that would go through our local field office and they stay in good contact with us. So we did have a HUD visit last week on Wednesday and it was a surprise visit. It was not notified. So it didn't bother me but it scared my staff because they just walked in and demanded to see me. And they were taken back by it. Although I have meetings every week saying, I could walk in at any time. So they did. It was a very informative meeting. It was very open. They were asking a lot of questions about our redevelopment. So the one gentleman's from the React Center, that these are HUD folks from Washington, D.C., not our local office. So if React is the system that we use, that HUD uses to track our utilization in our units. So they're looking in their system saying, hey, they can 126 public housing units and only 39 of them are rented. So let's go find out what's going on. So they came in. I explained to them, you know, it's all on the website. We had a very open conversation, talked to them about what was going on, what we were doing, our strategic plans, answered all their questions. They were very pleased as they outcome. Took them out on toward the property, showed them our flooded units and they were very understanding. We to see our Greenland matter and they want to move in. So were you able to take them inside a unit? I did not. I did not, but we did tour the property with with Meshela. And they were very. I meant that the abandoned are flooded. I did open the door for one of the flooded ones. They did go in with masks and took pictures. So they did see the water damage, the flood damage, the mold, the asbestos. One of the gentlemen was an engineer from Denver, Colorado, who actually works out of D.C. but he's an engineer. He was more interested in the building. The other guy was more interested in why we only had 39 units occupied, but they didn't ask about tenants or employees or poll files or anything like that. It was more just, hey, we're going to stop in, see what's going on, see how you're doing. I did have concerns about the visit because it wasn't unnotified visit, so it did reach out to our legislature representative Scott Keller in DC. He did call me back and said that apparently we had a couple complaints about infestations which started the meeting which you know they did ask me about those things but it wasn't it was like an occasional conversation because as we were leaving to tour the properties crystal maintenance and the bug man walked in with all their spray. So that kind of shut that right down. There was no question about what's doing our job. So I don't think it was a bad meeting at all. Yeah. Well, they probably learned more than they knew after having visited with you. And it sounds like you satisfied their questions. And to me, it's kind of sad that what drove the visit, because we know some backstory to all of that. Correct. Correct. And that was the group I bumped into you. I believe when you were showing them green lawn one day, the four of them you had four with you. Yes, there was three of them. And they were very pleasant. Yes. And they were very pleasant. It was a very pleasant meeting. It was very pleasant. But on the other hand, Trees, they probably deal with that a lot. They were told by our representative that they are not to do that again. They had a schedule meeting with Orman Beach Housing Authority. So I guess they decided since they were scheduled there, they were just going to pop in on May and they're not legally allowed to do that. What if you weren't there? Exactly. You know, my staff wasn't prepared for that. So we did reach out to our Florida conference and notified the agencies in the state of Florida that, hey, this is what's happening, this is what's going on. Just in case anybody gets any other pop in visits. Got an accol from the attorney today. Got a call from Jacksonville because Jacksonville had no idea they were coming to my office. Part two of the story is there is a thing called voluntary conversion right now going around. And voluntary conversion is where a smaller housing authorities can be absorbed by larger housing authorities. Being that we are approved to work agency and we're a well-run agency and a high performing agency that will not happen to us but it could happen to some of the smaller agencies in the in the county. We have counties for example in Pinellas, where you have five very small PHAs with just public housing, no section eight, and a large housing authority will absorb all five of those agencies. So that was part two of that meeting that I was told from our representative. It seems to me some of that is long overdue. To merge some of these smaller agencies because from my perspective, if done properly, you can provide better service. If it's done properly in some of the very small agencies, it's very hard to run very small agencies and most of the time it's one employee and it's the director. So it really makes no sense to have one employee that's the director running 50 units of public housing. So that's what they're looking into. They stopped in to see what we were doing, how we were doing it. They said we had a very well-ranked agency and they wouldn't be back. Good for you. So, they were looking for us to be absorbed by the Tonne Beach or a larger agency? I put it the other way. We're very well-run agency. We're a high performer. And we'll take over Daytona. Oh, that's what I say. Daytona's got it. Do you want all those units from Daytona? It would be a challenge, but it can be done. I see. Are there smaller ones around that could be called by us? Orman Beach is a smaller agency. And then we have Deland. Boulouche County only has vouchers. They don't have public housing. They're just a voucher agency. So that's the only agencies in Bluixie County is Orman Daytona, Us, Dilland and Bluixie County. But I bet they're not doing the development work that we're intending. No, and that makes us distinctly different because even if we are able to transfer a lot of that public housing intersection eight, we still we still have two development projects that we're working on. And if we can get that one started this year, that would be just the best of the best. Yes. It's down to, really, would be just terrific. Yes. It would, it shows what can be done if you work at it and what can be done if you look for the monies and more importantly you first make the connections. If you make the connections first then you're invited to the table you can look for the monies and they may be more likely to give you the monies. Yes, the long process and Theresa and the years that I've been on the board Theresa has worked diligently to create the relationships, the connections, and then to be in the position to make those kinds of moves and to make a presentation based upon her, the achievement of the agency. We are very fortunate. Thank you. So that was enough of the HUD visit. Well thank you for that. Thanks for bringing us up to date. Glad it ended well, of course it would, but I'm glad it did. All right, no old business, so moving on. Anything on the updates that you want to talk to us about before we go to resolutions? Green lawn matter has been open in operation for one year May second. So we are processing annual recertifications right now for that property. Live Oak Homes there's really not too much update except for meeting with the county and trying to apply for a new grant. The we do have update arbitration should be done within the next 30 to 60 days. So the insurance companies are in the negotiation that negotiation process And West Side Phase 2 there's no updates. We will be applying again this year We're just waiting for the RFP to come out from Florida housing finance All right. Resolution 2025-9 approval of the 2025 property vehicle liability insurance. Do you want to tell us a little bit about that? I wasn't sure are we buying a new car or are we ensuring that? No, this is the property insurance. It all renews at the same time every year on May 1st. So this is property liability directors. Let me see, hold on. We have the general professional liability, the automobile, directors and officers and the property insurance. So the paper I gave you at the last minute came in 15 minutes before my board meeting. I wanted to present it because this year we did get two quotes, one from FASIF which is our current insurance company which is in the package. This one is a new company or not new company, but an older company that we used to have many years ago called Farmy. It's still a Florida insurance company that ensures housing authorities throughout the state of Florida. So have you been able to compare the two in terms of what I was doing right before we started? So with the foss of our, it looks like our property insurance for public housing and what they both of them actually combined them. So I'd rather compare apples with apples with the public housing on open market because the combined separated out is going to be the same amounts anyway. So Vossif came in for the property insurance of $41,331. Farmy came in at $41,707. So they're pretty comparable. And if you look at the second part, which is the cost of casual insurance indications, their total contributions came in at, Let's see automobile at 2028. the . . . . . . . . . . . . . . . . . . . . . and FOSF 2, 5,446 at Farmy. And then the public officials is including, it included in the package of Farmy and it's 3212 from FOSF. So it looks like our total package from FOSF. Let me get my calculator out here. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. I thought you did. I thought you did. I thought you did. It looks like the total with thoughts of this year is if I got this right. 56,713, which is the 41-331 and then the 15,382 and Farmees is coming in at 49,824-16. The Farmees is on page 11 of your proposal. There, the whole breakdowns on page 11. What was our experience with Farmy in the past? We didn't have a problem with Farmy in the past. They were good to us. It's just when Fossif first opened, they were cheaper. So we went with the cheaper company. But now it looks like Farmy is coming in lower than Bossa his right. Are the coverage is exactly the same? Yes, the coverage is are the same. Do you have a relationship with somebody at the FFIB? What's that? Do you have a relationship with somebody here? Yes, Jordan Jones. And you have obviously with Steve and Blake. Yeah. If it's the same and one's cheaper, I think Farmeet's just trying to get people back now. But you know these insurance companies. I do, I know both of them. And we don't, we just got this, so we're not, we have not compared coverages, which you have done. So we really almost have to go on your recommendation. Yes. Are they similarly rated? Let's take just a minute, because I just got this in. So let's take a minute and look at it quick, if you don't mind. How of the claims been paid with this FASA company? FASA, the one we have now is the one that gave us $500,000 for 40 damage. Besides how long? Anything besides that one for history? What's that? Have you had any experience with claims with these folks besides the one that we're arguing with them about? No. No. He was, we've had fired damages in different things like that. We've never had a problem with them. There is some significant difference if I'm looking at it at the automobile. If you look at medical payments, uninsured, page 4. Look at expiring coverage at 10. There would be two expiring coverage at 50,000. There's would be 20,000. It just popped out to me. Yeah, that's what we need to be looking at. Oh. 1,025 points. I'm going to go down to page five, page six, and you're going to see a change from two Two million to one million. Two million to one million. That's where aggregate and products completed. aggregate. Rest days the same reliability. Yeah. So they're given you less coverage and that's why it's not as expensive. Right, but it's only about $5,000. $5,000, yeah. Right. But the coverages are not. It does not look like the coverages are the same. So we're not comparing apples with apples. No. If you look at page 10, there is some distinct difference. Hercane's the same, but... They do a tree's mons and shrubs and transit them. go to the other side. I'm going to have to go to the other side. I'm going to have to go to the other side. I'm going to have to go to the other side. I'm going to put it sorry. You get something. The examination is better. And the count's receivable is huge. You're looking at aggregate versus just limited statement statement. I'm concerned. I'm concerned. Tracy, you have a couple of days. Can you speak with both of these people with whom you deal? Yes. I think we need to look at this a little bit more closer. Right. I'm concerned. And then we can come to have maybe a special meeting of the board. Thank you, sir. And I was thinking that guy that's helping us with our insurance claim. Maybe he could look at it and see. I mean, obviously you know what you need from all the years you've been in this business. Right. And what is it? Well, we definitely don't want to go down or coverage. No, really. And if you look at the top on page 10, when you look at that, I'm over it. Right, when you look at that. Right. There are a lot of differences on page 10. Yes. Yeah. Yes. I think it has to be gone over a little better. Okay, when do you have to make the decision? It's May 1st, right? Before May 1st, yes. The problem with Fossif is if we are going to go with another insurance company, they require 30-day notice or 10% of the policy. Whoa. Yeah. Whoa, it was right. Yeah. They just don't wear masks. But they didn't get me this right away. I mean, they got us this last minute. And honestly, this one came in 15 minutes before the board meeting. That's made a big call. Well, probably maybe take a little more time. Yes. Settle with it. See what you think. Yeah. And then I'll talk to Steven about that 30-day cancellation thing because I mean we're at the end of the contract. We shouldn't have to have a cancellation if we're at the end of the contract. Yeah. We're not canceling in the middle of the contract or anything like that. Right. And how's it going to affect our claim too? I mean, you need to ask him now, look it, because we're not happy with you. And you might lose us. So tell me what you think here. Okay. Yeah. I'll have Tim Rothring look at it, keys claims. I'll have keys claims because they're the ones that are working our property in shorts right now. That was my suggestion. I think if they do it without charging you, that would be great. Give you a little bit of consult there. Yeah. Okay. And then we'll just call it, so we'll table it for this meeting until we call a special meeting to make a decision later in the month. Yes. All right. Do I get a motion for that, please? still moved. And a second. Second. All right. Everyone in favor? Aye. All right, do I get a motion for that please? Still moved. And a second. Second. All right. Everyone in favor? Aye. Aye. Motion carries. Well, thank you for getting more quotes, Theresa. At least we know what's out there. Yeah. And when you're ready, you can go over the financials with us. OK. And I apologize for popping that second quote in at the last minute that I said I got about 15 minutes before the board. Me. No worries. Just wanted to give you another option. And I help it. Okay. Robin who's an expense statement for public housing. This is for the 10 months ending January of 2025. We are always a couple months back than our fiscal year because of our closings and different things like that. Operating revenue at 887 190 expenses at 794 108 with a net income of 93,082. Our bank balances 1.720 bill. The bill is billed by the bill. The bill is billed by the bill. The bill is billed by the bill. The bill is billed by the bill. The bill is billed by the bill. The bill is billed by the bill. The bill is billed by the bill. The bill is billed by the bill. The bill is billed by the bill. The bill is billed by the bill. Security Deposit Security deposits are restricted 10,31738. Restricted cash, other is 16,83991. So out of the 17, the 1.7 million, 713,314 is cash unrestricted. So we broke it out a little bit differently this month so you could see what's unrestricted. Unrestricted net position, this includes 3,155, that includes properties and different things like that too. Our investment CDs at 50,000 a piece at 5% 50,000 10.91 and it's not 5% it's 0.05% that we got so may want to look at that revisit that again 0.05 they us at 4% to 5% and we're getting 0.05. Why? I'm trying to get a hold of him to find out why. Is he still in the country? Yes. Emails are being bounced back right now. Yeah. So, our operating fund balances 79, 150. This is the money that's in the HUD ELOX. So, this is money we draw down on a monthly basis for HUD. Wait, when does it expire? What's that? The 50,000 CD. I think we did it for five years. No, no, no, I don't think it was. Let me check with Sonia. Because sometimes you don't get that whole value until the end. You don't see what you're really going to get until the very end. You know what? I don't think it's a CD. I think it's money market. But still, that's better than 0.05. Right, right. Yeah. Yeah, that money mark is paying like 3% now. Yeah, this is is I don't know what's going on with it, but it's not what When I looked at the bank statement it said 0.05% okay, so I wasn't happy with that No time to move it to somewhere else correct, but you know HUD requires us to have them in Treasury bills. So we have to find Treasury bills. Operating fund balance at $79.150. This is HUD money that's in the HUD system for us. We draw down FSS grant, $78,784. And our 2024 CFP capital fund is 358. Any questions on public housing? No. Section 8, operating revenue is 3.5 million and expenses at 3.2 million. So I don't know why she has a loss if at $3.2 million. That should be a positive income. That should be income of $39,000. So our restricting that position is $363,901. Unrestricted is 513-083. With total reserves of 876-984. And a bank balance of 1,26,473. Are you feeling comfortable with this? Are you feeling comfortable came in in 2010. We were the only small agency in the state of Florida that had money in the bank. I remember. So, and we still have money in the bank. So, we're in a good position. If you remember Miss Regis-Lindhud came in in 2010. We were the only small agency in the state of Florida that had money in the bank. I remember. And we still have money in the bank. So our open market program, we have 10 units there, or operating reserves for 83,853 expenses at 85,773 with a loss of 1919 and this is because we had some empty units for quite a while going through rehab and different things like that. So we'll be in a bank balance at 285, 285,157. So we're going to be in a better position moving forward. Our development corporation has 12 units, 177, 354, operating revenue, 79,424, expenses with that income of 97,929 that are bank balance at 177,012. And that's all I have. Any questions for Theresa on the financials? Any commission or comments for the good of the agency? Congratulations. On the vacancies. Thank you. on the vacancies. Thank you. Thank you. Crystal? Nice crystal. Nice. That's a challenge. So, yeah you can do other things crystal maybe. Do the rest of your child. I don't know what else. Whatever else there is, but not focusing on the rest of your child. Oh, there's more vacancies coming. They're just not ready yet. They're just not going yet. Right, yeah. So, long as we stay on top of them ahead of time, I think we'll be in a better position. If you have a waiting list of some people that know the expectations and you you know are ready to take action. Yes. Yes. So we're staying on top of the applications. The advertising is better. We did a flyer now of all the vacancies and the income requirements and we get a lot more response with a flyer than we did just posting it. Thank you. Yeah. Yeah. and the income requirements and we get a lot more response with a flyer than we did just posting it. Now if we can just get that grant money that you're looking for, we can get that project started. Wouldn't it be interesting if we got that one started? And then our fourth round with the Florida housing, that we would get that green one too. Not at the same time, no. She was very brave. I'd have to clone myself, Crystal. But hey, if that's what we need to do, that's what we'll do. You know, we need to get it done. Number one you and I said we need to pray for the housing authority I have written down in my book. I need to like resurrect that again. Yes. And we've done it once so we know we know much more. Yeah. All right well if we don't have any other comments how about a motion to adjourn someone? So move. Second? Second? All in favor? All right. All right. Motion carries. We're adjourned. Good meeting.