Latest / ChangeMakers with Katie Goar / Episode 120: Chris Krehmeyer, President and CEO, Beyond Housing
Transcript
- 0:05Speaker 1: This is change Makers with Katie Gore finding the right
- 0:09Speaker 1: solutions for the affordable housing community.
- 0:13Speaker 2: This week's change maker is Chris Krameier, President and CEO
- 0:17Speaker 2: of Beyond Housing. He's a visionary leader dedicated to transforming
- 0:21Speaker 2: communities in Saint Louis. With over thirty years at the Helm, Chris,
- 0:26Speaker 2: you have mobilized investments totaling one hundred and seventy five
- 0:30Speaker 2: million dollars to create thriving neighborhoods and I am so
- 0:34Speaker 2: excited to have you. Welcome to the podcast.
- 0:37Speaker 1: Great to be here, Katie, Thanks for having me.
- 0:40Speaker 2: It is a pleasure to have you on this platform.
- 0:43Speaker 2: We really cover best practices across the nation and I
- 0:47Speaker 2: can't help but think about what you've done in Saint Louis.
- 0:51Speaker 2: But before we get started, tell our listeners and talk
- 0:56Speaker 2: to me about how you got started in a sfordable
- 1:00Speaker 2: housing community development, and just talk about your on ramp
- 1:05Speaker 2: to this industry.
- 1:07Speaker 1: Well, the on ramp wasn't anything that was terribly intentional
- 1:10Speaker 1: from the beginning. I got a degree in urban studies
- 1:14Speaker 1: from Washington University here in Saint Louis. My dad was
- 1:17Speaker 1: an engineer by training, and my older brother was an
- 1:20Speaker 1: engineer by education. So when I told my dad I'm
- 1:24Speaker 1: going to get a degree in urban studies, I think
- 1:26Speaker 1: his direct quote was, what the hell is that? And
- 1:29Speaker 1: what kind of job were you going to get? Bro
- 1:32Speaker 1: I said, Dad, I don't know, but that engineering gene
- 1:35Speaker 1: just kind of flew right past me. So I took
- 1:38Speaker 1: some classes in undergrad in urban studies and I found
- 1:41Speaker 1: great interest in it, and I got my fancy degree
- 1:45Speaker 1: with my student loans, and I couldn't find a job.
- 1:47Speaker 1: So my dad was like, yeah, I told you so,
- 1:51Speaker 1: But I landed. I land at the Housing Throws Anglois
- 1:54Speaker 1: County and I worked there for seven years, first in
- 1:58Speaker 1: the Section eight department, did that for three years, and
- 2:00Speaker 1: then in the rehab department, doing you know, some old
- 2:05Speaker 1: mod rehab stuff, some mental rehab stuff, some urban homesteading,
- 2:10Speaker 1: you know, some praises and programs from the past, and
- 2:13Speaker 1: kind of both, you know, kind of you know, cut
- 2:15Speaker 1: my teeth on your kind of project development and you know,
- 2:19Speaker 1: housing rehab stuff. As well as three years work in
- 2:22Speaker 1: a section eight I got to see you know, low
- 2:24Speaker 1: income families every day, eight to ten families looking for
- 2:27Speaker 1: a place to live. So I got both the humanity
- 2:30Speaker 1: side of it, and then I kind of got a
- 2:33Speaker 1: little bit of the again direct housing development side of
- 2:36Speaker 1: the housing authority, and then this job came open in
- 2:40Speaker 1: nineteen ninety three. I was terribly unqualified in a whole
- 2:44Speaker 1: bunch of different ways, but I had some of the
- 2:46Speaker 1: skill sets they were looking for. But I think, as
- 2:50Speaker 1: I think what happens sometimes in life, other people see
- 2:54Speaker 1: things in you you don't see in yourself at that
- 2:56Speaker 1: point in your life. So I think some of the
- 2:58Speaker 1: board of the organization back and saw some things in
- 3:01Speaker 1: me that I maybe didn't didn't realize that maybe I had,
- 3:04Speaker 1: I had some more potential, So they took they took
- 3:07Speaker 1: a flyer on me, and thirty two years later, I'm
- 3:10Speaker 1: still here, still still trying to do good work.
- 3:13Speaker 2: So are you able to describe to your family now
- 3:15Speaker 2: what exactly that you do for your day job.
- 3:18Speaker 1: Yeah, My my family knows pretty well after this. They
- 3:22Speaker 1: can probably speak chapter verse about all the work that
- 3:25Speaker 1: Beyond Housing does and my role to that end. So yeah, no,
- 3:28Speaker 1: it's it's it's actually kind of ingrained in the blood
- 3:31Speaker 1: of the family now everybody. Everybody knows and everybody, but
- 3:34Speaker 1: it gives back in some form or fashion to our
- 3:36Speaker 1: work and to work similar jars.
- 3:39Speaker 2: So you've seen housing change starting in the section eight
- 3:43Speaker 2: department and probably what the eighties or something.
- 3:46Speaker 1: If I do the math right eighty six.
- 3:50Speaker 2: Yes, So how do you summarize, like we're talking decades
- 3:55Speaker 2: here of housing policy changes, neighborhood changes, but then need
- 4:00Speaker 2: has remained the same. So summarize, like what it's been
- 4:05Speaker 2: like over these decades in this journey, maybe what you
- 4:10Speaker 2: could say has worked out really really well, and then
- 4:14Speaker 2: what still needs to be improved if you could just
- 4:17Speaker 2: generally speak, sure, well, I.
- 4:20Speaker 1: Look, clearly, there have been a lot of wonderful individual
- 4:24Speaker 1: things that have occurred. Right, People have gotten a place
- 4:27Speaker 1: to go home, kids have gotten a place to grow up,
- 4:29Speaker 1: Great opportunities have occurred, neighborhoods have been strengthened, home ownership
- 4:35Speaker 1: has been created. So there's a lot of individual stories
- 4:38Speaker 1: that are worth celebrating. But at the end of the day,
- 4:42Speaker 1: there's no communit level change today than there was forty
- 4:46Speaker 1: years ago, same issues and mostly the same community still
- 4:50Speaker 1: exists and most likely have gotten worse. So it's this,
- 4:54Speaker 1: it's kind of this notion of you know, I don't
- 4:57Speaker 1: know what business would keep doing the same thing that
- 5:00Speaker 1: doesn't work for forty plus years, but they said, let's
- 5:03Speaker 1: just keep doing this way. So it's it's for us.
- 5:06Speaker 1: It's about trying to understand that there's nothing more important
- 5:11Speaker 1: at home. You know, where you come home to every night,
- 5:14Speaker 1: the place you sit around the dinner table, the place
- 5:16Speaker 1: you lay your head every night, where you talk about
- 5:19Speaker 1: the day and plant your dreams. But that equity of
- 5:23Speaker 1: opportunity doesn't doesn't exist for everybody in this country and
- 5:26Speaker 1: the places you live. As it's saying goes now, your
- 5:29Speaker 1: zip code is more important than your genetic code relative
- 5:32Speaker 1: to your future. And that's because we have not invested
- 5:36Speaker 1: in both people and place in a significant way to
- 5:40Speaker 1: really see systemic change and longitudinal change. And so while
- 5:45Speaker 1: the work that happens if you're here in Saint Louis
- 5:48Speaker 1: and all across the country with all my peers is
- 5:50Speaker 1: wonderful and important work, it just pales in the comparison
- 5:53Speaker 1: of what needs to be done both at the individual
- 5:56Speaker 1: need level and at the community need level.
- 6:00Speaker 2: And affordable housing policy is good economic policy, it's good
- 6:03Speaker 2: for neighborhoods, good for individuals, but you're talking about a
- 6:06Speaker 2: core need of people who need to know they're safe,
- 6:10Speaker 2: need to know they belong, need to have a place
- 6:12Speaker 2: to raise their kids, have a job, have an address.
- 6:16Speaker 2: But you know, without throwing around like the technical terms
- 6:19Speaker 2: holistic housing or housing first, what is it that at
- 6:25Speaker 2: beyond housing your org? What is it that you guys
- 6:29Speaker 2: are doing to accomplish some of that? Because I've read
- 6:34Speaker 2: about your information you and I have walked in talked
- 6:39Speaker 2: about Saint Louis and Saint Louis County. But I'm a
- 6:42Speaker 2: little bit familiar with what you're doing, But I want
- 6:45Speaker 2: to hear it in your own words about this holistic
- 6:48Speaker 2: approach that I think I hear you describing.
- 6:51Speaker 1: Sure, So again for us, like our mission is to
- 6:55Speaker 1: strengthen families and transform communities to create a more equitable
- 6:58Speaker 1: and prosperous Saint Louis once and for all. So for us,
- 7:01Speaker 1: when we think about that and we think about place, right,
- 7:04Speaker 1: everything is interlated and interconnected. So too often people want
- 7:08Speaker 1: a simple solution, right, Well, isn't how isn't it just
- 7:11Speaker 1: got to do more housing. Oh, we've got to improve education,
- 7:14Speaker 1: we have to improve access to healthcare, we have to
- 7:16Speaker 1: work on jobs, we have to work on Uh, you know,
- 7:19Speaker 1: economic development mustiple infrastructure, and our response is we have
- 7:24Speaker 1: to do all of that because places that are successful
- 7:27Speaker 1: don't worry about those things. Places that are successful have
- 7:31Speaker 1: all those things that exist and again support the well
- 7:34Speaker 1: being of all the families that live there. And too
- 7:37Speaker 1: often the communities that you know, folks in our industry
- 7:39Speaker 1: serve they don't have all those things. There's there's the
- 7:44Speaker 1: lack of strong public education. There's there's there's grocery, there's
- 7:48Speaker 1: food deserts, there's doctors deserts, there's entertainment deserts, there's all
- 7:51Speaker 1: these things that don't exist in those things again harm
- 7:55Speaker 1: the well being of again families that live there. So
- 7:59Speaker 1: for us, as our name implies, yes, we do housing. Right.
- 8:05Speaker 1: Our rental portfolio now is six hundred and fifty units
- 8:07Speaker 1: plus another one hundred and eighty six that we're managing,
- 8:10Speaker 1: and we're going to pick up another ninety or so
- 8:12Speaker 1: in the next six months in terms of third party
- 8:14Speaker 1: property management. Right, So we still do housing, and we
- 8:17Speaker 1: do it really well. We just finished our i think
- 8:20Speaker 1: it's our twenty fourth low income housing tax credit project,
- 8:24Speaker 1: so we know how to do that and that's wonderful.
- 8:27Speaker 1: We also in our community, which is the boundaries of
- 8:30Speaker 1: a local school district. We've also rehabbed fifteen hundred existing
- 8:34Speaker 1: owner occupied homes, mostly owned by seniors. We're in the
- 8:38Speaker 1: entering suburbs here in Saint Louis, so again we're investing
- 8:41Speaker 1: in the housing stock in this community in a significant way.
- 8:46Speaker 1: But we know that is not enough. So what we
- 8:49Speaker 1: try to do then is several things. One, if you
- 8:52Speaker 1: live in our rental housing use, you get access to
- 8:54Speaker 1: a variety of services. As our name implies, yes it's housing,
- 8:59Speaker 1: it's home, but it's more than that. So we have
- 9:01Speaker 1: a case management system that allows folks to again reach
- 9:05Speaker 1: out to our staff here, whether you want to become
- 9:08Speaker 1: a homeowner, whether you want to send your kids to college,
- 9:10Speaker 1: whether you want to manage your money better, you want
- 9:12Speaker 1: to start a small business, you have your car broke down,
- 9:16Speaker 1: you have a medical issue, whatever those things are that
- 9:18Speaker 1: we know our real life occurrences that sometimes cause great
- 9:22Speaker 1: harm to a family's journey to the life that they
- 9:26Speaker 1: strive for, and our staff's role in that case is
- 9:29Speaker 1: to be in that space for families to support them
- 9:32Speaker 1: along the way, whether it's crisis intervention or aspirational achievement.
- 9:36Speaker 1: So again we're trying to invest not only in the
- 9:39Speaker 1: places where people live, but we also invest in those
- 9:41Speaker 1: families as well. In addition to that kind of housing work,
- 9:46Speaker 1: we also work with our local school district. As we've said,
- 9:50Speaker 1: our geography is not a municipality, it's not a neighborhood.
- 9:55Speaker 1: It's a school district because that's where the kids are
- 9:57Speaker 1: and that's how the tax base is set for us.
- 10:00Speaker 1: It's like this, our school district has to get better
- 10:02Speaker 1: because it's been. It struggled for many, many years, as
- 10:05Speaker 1: have so many other school districts across the country, particularly
- 10:08Speaker 1: when it's high degrees of poverty, whether that's urban, suburban,
- 10:11Speaker 1: or rural. If you have high degrees of poverty, your
- 10:13Speaker 1: schools tend to struggle. So I have fifteen staff people
- 10:16Speaker 1: embedded the schools today. That thirteen of them are called
- 10:20Speaker 1: family Engagement Liaisons, and they're they're not about the teaching
- 10:24Speaker 1: and learning in the classroom. They're just about crisis intervention
- 10:28Speaker 1: kind of stuff. Kids are hungry, kids need school supplies,
- 10:32Speaker 1: kids need clean clothes. We put washes and dryers in
- 10:34Speaker 1: every school building. But again, our school district requires school uniforms.
- 10:39Speaker 1: Right our kids are constantly, you know, running out of
- 10:41Speaker 1: school uniforms, you know, damaging uniforms. So again we stand
- 10:45Speaker 1: in that space. And then we have crisis intervention funds
- 10:47Speaker 1: for the families that against in their kids in the
- 10:50Speaker 1: school district, and that could be rent assistance, utility assistants,
- 10:55Speaker 1: other kind of assistants that we know constantly happens in
- 10:58Speaker 1: families lives. One hundred percent of the kids who go
- 11:00Speaker 1: to our school district receive frame reduced launch, which means
- 11:03Speaker 1: one hundred percent of the kids live in poverty. Right.
- 11:05Speaker 1: So for us, it's again, how do we support the
- 11:08Speaker 1: kids to give them the opportunity to take advantage of
- 11:11Speaker 1: again what the school district has to offer from an
- 11:13Speaker 1: educational experience standpoint. I have two other staff who work
- 11:16Speaker 1: at the high school that run a match savings program.
- 11:20Speaker 1: When the students and their family save a dollar, we
- 11:22Speaker 1: match it with three. For post secondary education, Wow, we've
- 11:26Speaker 1: sent over four hundred and fifty kids to college, one
- 11:29Speaker 1: hundred and forty college graduates to date. We have thirteen
- 11:33Speaker 1: master's degree We have one doctor, Doctor Covington is doing
- 11:38Speaker 1: his residency at the University of Wisconsin at Madison. We
- 11:42Speaker 1: have one young woman in law school. We've invested close
- 11:46Speaker 1: to a million dollars in the Match Savings program to
- 11:49Speaker 1: again support kids and their journey to post second day life,
- 11:53Speaker 1: which can also include trade schools. We're not wet to
- 11:56Speaker 1: you traditional two and four year universities, so if kids
- 12:00Speaker 1: have other aspirations and dreams and from a trade school perspective,
- 12:03Speaker 1: we will support them along that journey as well. The
- 12:06Speaker 1: persistence rate, which is the fancy word for how many
- 12:09Speaker 1: kids stay in school, is over seventy percent, which is
- 12:12Speaker 1: incredibly high for again the demographic population that we serve.
- 12:17Speaker 1: So again supporting kids, supporting families, supporting the school district
- 12:21Speaker 1: relative to its success, and again giving kids, you know,
- 12:25Speaker 1: the right jumping off point so they can again lead
- 12:29Speaker 1: a successful life. We do economic development work, so we
- 12:33Speaker 1: own and operate a four screen, three hundred and seventy
- 12:35Speaker 1: five seat movie theater, first run movies cheapest ticket prices
- 12:40Speaker 1: in Saint Louis seven fifty. We hire kids from the
- 12:45Speaker 1: local high school who participate in our MATT Savings program
- 12:48Speaker 1: to work there. We have a senior building that's Caddy
- 12:51Speaker 1: corner from the movie theater, and we have a senior
- 12:53Speaker 1: who literally walks across the street to come to work. Again,
- 12:56Speaker 1: the idea here intersectionality, right, it's a economic development project
- 13:00Speaker 1: driven by the voice of the community who said, there's
- 13:03Speaker 1: no no entertainment in our community. Could could we help
- 13:05Speaker 1: with that? It's it's it's a job's opportunity right. There
- 13:09Speaker 1: are three full time employees and nine part time employees
- 13:14Speaker 1: who work at the movie theater. And again it's this
- 13:17Speaker 1: notion of again, how do you create a sense of place?
- 13:21Speaker 1: Cross street from the movie theaters a food hall, three restaurants,
- 13:24Speaker 1: and a pub, again all owned and operated by people
- 13:28Speaker 1: of color who who again look like our community. Our
- 13:32Speaker 1: folks said there's no place to sit down and eat
- 13:34Speaker 1: other than fast food joints in our community. We'd love
- 13:37Speaker 1: a place to sit down and eat, and we'd love
- 13:39Speaker 1: it to be run by entrepreneurs that looked like us.
- 13:42Speaker 1: So we were able to build a building using new
- 13:44Speaker 1: market tax credits and then again, you know, find find
- 13:47Speaker 1: the entrepreneurs to run their their particular businesses. We also
- 13:51Speaker 1: have a a training facility on on the bottom floor
- 13:55Speaker 1: of the food hall as well, where we have a
- 13:56Speaker 1: couple of trainers who again use our face facility to
- 14:00Speaker 1: train classes and to train individuals. On the second floor
- 14:03Speaker 1: of the building, there's an employment agency that again works
- 14:07Speaker 1: to try to find people job, particularly in the home
- 14:10Speaker 1: healthcare business. And we also helped create a community kitchen
- 14:12Speaker 1: where we're training young folks how to be in the
- 14:14Speaker 1: culinary arts. We also have a health facility right next
- 14:18Speaker 1: to the movie theater, which is a We have both
- 14:20Speaker 1: primary healthcare and urgent care by one of our local
- 14:24Speaker 1: regional partners, an organization called Athenia, which is a FQHC.
- 14:28Speaker 1: So they see over six thousand patients here and said,
- 14:32Speaker 1: we wish would have built bigger space because we can
- 14:34Speaker 1: serve more clients if we had more space. And then
- 14:36Speaker 1: our local hospital system, the biggest hospital system in Saint
- 14:39Speaker 1: Louis BJC as a youth mental health service program in
- 14:44Speaker 1: our building as well. And then on the top floor
- 14:46Speaker 1: of that building there's a county taxing body that generates
- 14:50Speaker 1: about forty million dollars in taxes every year for mental
- 14:52Speaker 1: health services for kids all throughout the Saint Louis County region.
- 14:56Speaker 1: We built our senior building that I mentioned as a
- 14:58Speaker 1: full service bank on the bottom floor. There was no
- 15:00Speaker 1: bet there was there was I believe twenty three pay
- 15:03Speaker 1: day check cashing places in our community only two regulated banks,
- 15:07Speaker 1: so we brought another regulated bank to the community. It's
- 15:11Speaker 1: a regional bank that this particular branch now was a
- 15:14Speaker 1: seventy five million dollar branch, and I promise you that
- 15:16Speaker 1: bank never thought this branch would do that that well.
- 15:19Speaker 1: But it just serves that the notion that businesses can
- 15:24Speaker 1: can succeed in in lowmand communities if they have a
- 15:27Speaker 1: right speed of products and they understand the needs of
- 15:29Speaker 1: the community and treat with respect. Across the parking lot,
- 15:34Speaker 1: we built the grocery store, full service grocery store, seventeen
- 15:36Speaker 1: thousand square feet. Sad that we've had two different operators,
- 15:40Speaker 1: both who have failed. One was a regional firm called
- 15:44Speaker 1: Save a Lot. They were open for seven years and
- 15:49Speaker 1: every year did better in sales, nearly five million sales.
- 15:52Speaker 1: But then the company got bought by Kadian Hedge Fund
- 15:56Speaker 1: and that was kind of the beginning of the end.
- 15:58Speaker 1: They kind of stripped out all the cash out of
- 16:00Speaker 1: the business and the Sable Out brand now is mostly
- 16:03Speaker 1: a wholesale or not a retail. It's had nothing to
- 16:05Speaker 1: do with community. Then we had a second operator, a
- 16:08Speaker 1: regional operator who opened up his fifth store in that
- 16:12Speaker 1: particular building, and then sooner after he opened that business,
- 16:15Speaker 1: his whole that store, his whole business crater, and all
- 16:19Speaker 1: five of the stores are now closed. Again nothing to
- 16:21Speaker 1: do with community, So we're trying to get that particular
- 16:24Speaker 1: location reoccupied. We bought a church on the same street,
- 16:28Speaker 1: thirty thousand square foot church, and want to turn into
- 16:30Speaker 1: an arts facility. So we're in the process of securing
- 16:32Speaker 1: all the funding and hopefully some another new market tax
- 16:35Speaker 1: go to allocation to make that conversion happen, and they
- 16:39Speaker 1: will have another small business center with a restaurant, a
- 16:42Speaker 1: nail shop, and home to two other not for profits.
- 16:45Speaker 1: So again we're investing in the economic development activity of
- 16:48Speaker 1: this particular community relative to again meeting the needs of
- 16:52Speaker 1: what the community has said that they wanted. We have
- 16:54Speaker 1: three community health workers on staff focusing on asthma and
- 16:57Speaker 1: diabetes to the kind of chronic diseases that communities like ours,
- 17:01Speaker 1: which is predominantly African American and has a has a
- 17:04Speaker 1: high degree of people living in poverty, even though there
- 17:06Speaker 1: are some wonderful pockets of middle class housing and middle
- 17:09Speaker 1: class folks who just want the things around them to
- 17:12Speaker 1: get better and we have a forestry department. We've planted
- 17:16Speaker 1: over a thousand trees in our community. We've trimmed over
- 17:19Speaker 1: seven hundred trees and taken down over eight hundred trees.
- 17:23Speaker 1: We've redone almost ten acres of land that was taken
- 17:27Speaker 1: over by some of the invasive species like honeysuckle, and
- 17:31Speaker 1: have replanted them with Missouri native native plants to again,
- 17:35Speaker 1: you know, prevent the overgrowth and to take care of
- 17:37Speaker 1: some vacant lots in a way that is much more
- 17:39Speaker 1: attractive and less owner to some of the local communities.
- 17:45Speaker 1: We're gonna plant another fifteen hundred trees in the next
- 17:47Speaker 1: three years. Again, the idea of place and what makes
- 17:51Speaker 1: it successful is a lot of things, including trees.
- 17:54Speaker 2: Right.
- 17:54Speaker 1: So again, when we started this work with trees, I
- 17:57Speaker 1: knew nothing about trees other than they were pretty. What
- 18:01Speaker 1: I've come to learn as an example, right, a healthy
- 18:04Speaker 1: tree canopy does a number of things. One prevents the
- 18:08Speaker 1: heat island from happening in a lot of low income
- 18:10Speaker 1: communities right where again, the neighborhoods are you know, two
- 18:13Speaker 1: three four degrees warmer than the rest of the region.
- 18:17Speaker 1: And by having a healthy tree canopy, you can take
- 18:21Speaker 1: toxins out of the air to produce the problem with asthma.
- 18:23Speaker 1: Asthma's the biggest reason why kids in our community miss school, right. So,
- 18:27Speaker 1: and from a municipal standpoint, you have a healthy tree canopy.
- 18:31Speaker 1: It saves the wear and tear in your streets, right,
- 18:33Speaker 1: so you have to have to replace your streets at
- 18:36Speaker 1: a longer extension between those times against saving the community
- 18:40Speaker 1: resources as well. So, again, as our name implies, we
- 18:43Speaker 1: do a lot of different things intentionally, we try to
- 18:45Speaker 1: link them all together in an ecosystem. That says, again,
- 18:49Speaker 1: if everything is in related and interconnected. So when you
- 18:52Speaker 1: come to us, and you come to us through the
- 18:54Speaker 1: through through a housing portal, we're also going to be
- 18:56Speaker 1: asking about education and health and jobs. And the same
- 19:00Speaker 1: thing is true if you come in through the education portal,
- 19:03Speaker 1: the health port We're going to make sure we're trying
- 19:05Speaker 1: to connect you to our work and the work of
- 19:06Speaker 1: many of our friends.
- 19:09Speaker 2: You have touched on all of the core foundations for
- 19:12Speaker 2: this broader work of community transformation. In fact, I'm glad
- 19:18Speaker 2: you mentioned the trees. I was gonna I was going
- 19:20Speaker 2: to ask you about landscaping as a way of fostering
- 19:25Speaker 2: community fostering sense of place. You hit on that, you
- 19:28Speaker 2: hit on education, healthcare, mental health care, all of the big,
- 19:35Speaker 2: the big ones. The only one we didn't cover was transit.
- 19:40Speaker 2: How is transit having to be redefined within your community? Transformations?
- 19:47Speaker 2: All of the chech marks. Do you want to comment
- 19:50Speaker 2: on transit and what your vision is for that area,
- 19:53Speaker 2: what you guys have done?
- 19:54Speaker 1: Sure, so we own we own some ground next to
- 19:57Speaker 1: a light rail stop. Uh here, and we're it's it's
- 20:00Speaker 1: on our list of projects to get after right to
- 20:03Speaker 1: again to create some housing at the light rail stop,
- 20:07Speaker 1: to work with a number of regional partners to say, look,
- 20:10Speaker 1: our bus system is inadequate, our light rail system is
- 20:14Speaker 1: inadequate to serve folks, right, We've got to do a
- 20:16Speaker 1: better job of connecting folks together in Saint Louis. Right now,
- 20:20Speaker 1: you really have to have a car, which is untenable
- 20:22Speaker 1: for a lot of families and unrealistic for a lot
- 20:25Speaker 1: of families as well. So we're again we're trying to
- 20:28Speaker 1: step into that space as well. Just like so much
- 20:31Speaker 1: of our work, Kitty, it's just about capital, right, How
- 20:34Speaker 1: do we how do we secure enough capital to get
- 20:36Speaker 1: the work done.
- 20:37Speaker 2: Let's talk about capital for a minute. You've invested millions
- 20:41Speaker 2: over time, housing, education, economic development, all of the tracks
- 20:47Speaker 2: we've been mentioning here. If somebody is listening to this podcast,
- 20:51Speaker 2: you know we feature best practices nationwide and they're thinking
- 20:56Speaker 2: how do we get into the game on a long term,
- 21:01Speaker 2: comprehensive scale, like you guys have talk about how you've
- 21:05Speaker 2: been able to secure that level of funding, because I
- 21:09Speaker 2: am sure it was no small feat. I'm sure it is.
- 21:12Speaker 2: Your wish list on what you want to do is
- 21:15Speaker 2: still bigger than your ability or your capital. So how
- 21:20Speaker 2: are you leveraging? How are you finding the financial support?
- 21:23Speaker 2: Try to give some tips for people who they want
- 21:26Speaker 2: to replicate this.
- 21:28Speaker 1: Well. Look, I mean so many folks on industry you know,
- 21:32Speaker 1: know know how to how to how to do this right.
- 21:34Speaker 1: It's about securing capitals, about putting together good project. It's
- 21:37Speaker 1: about you know, making the economics of the project work.
- 21:40Speaker 1: It's about telling a good story, and it's about executing
- 21:42Speaker 1: right right. The more you execute, the more success you have,
- 21:45Speaker 1: the more ability you have to go back and have
- 21:47Speaker 1: more success. So again, stay after its day after its
- 21:51Speaker 1: day after. I think philanthropy has has not done its
- 21:55Speaker 1: role in community development. We've been a bit of a
- 21:58Speaker 1: step child in the film throught world. You know, the
- 22:02Speaker 1: we know the arts and higher education and babies and
- 22:05Speaker 1: kittens and puppies have have some some audiences and some
- 22:10Speaker 1: healthcare issues that are meaningful to families that have gotten
- 22:13Speaker 1: a bulk of philanthropy's attention over the years. We've been
- 22:17Speaker 1: successful at and I want to be more successful at.
- 22:20Speaker 1: It is telling a story to philanthropy, in addition to
- 22:24Speaker 1: tax bettered investors, and in addition to lenders about the
- 22:27Speaker 1: importance of the work that we are doing. That from
- 22:30Speaker 1: our standpoint, if the Saint Louis region in our case,
- 22:34Speaker 1: is going to be healthier, stronger, and everything that the
- 22:36Speaker 1: people live here want it to be, we have to
- 22:38Speaker 1: address the neighborhoods that have been left behind for far
- 22:40Speaker 1: too long. And the only way to do that is
- 22:43Speaker 1: through a comprehensive, intentional approach about how to address the issues.
- 22:47Speaker 1: Because there's no simple way to take a community that
- 22:50Speaker 1: has been abandoned for you know, thirty forty years of
- 22:54Speaker 1: significant capital investment and turnered around in a short election cycle. Right,
- 23:00Speaker 1: you have to be committed to it and recognize that. Look,
- 23:04Speaker 1: all the literature says the only way place is going
- 23:07Speaker 1: to get better is if you tackle all the things
- 23:09Speaker 1: that make up healthy communities. You know, it's this, it's
- 23:13Speaker 1: this notion of our work in the housing space a
- 23:17Speaker 1: lot like I'll speak to some of my some of
- 23:19Speaker 1: my peers who just do housing, and they look at
- 23:21Speaker 1: me like I've lost my mind doing all this stuff. Right,
- 23:24Speaker 1: But at the end of the day, you don't have
- 23:25Speaker 1: to do what we're doing, but you should be connected
- 23:28Speaker 1: to others who are doing this type of work in
- 23:32Speaker 1: the place where you're developing your housing as an example, right,
- 23:35Speaker 1: connect to somebody's doing economic development, who's doing the health work,
- 23:38Speaker 1: and who's working with schools, because all those things have
- 23:41Speaker 1: to be in place if again, your housing is going
- 23:44Speaker 1: to be successful over time, and if the communities you
- 23:46Speaker 1: work and will be successful over time. I would also
- 23:49Speaker 1: say that don't be afraid to spend money on fundraising
- 23:52Speaker 1: and marketing. So often we get told by folks that
- 23:56Speaker 1: you shouldn't spend money on you know, that much money
- 23:59Speaker 1: on marketing and on fundraising, And my response is, look,
- 24:03Speaker 1: the only way we're going to be able to secure
- 24:06Speaker 1: the capital we need is by investing in our ability
- 24:09Speaker 1: to raise that capital, and that's by again having a
- 24:12Speaker 1: fundraising team and having a marketing team that can help
- 24:15Speaker 1: tell our story. So again I urge my peers, don't
- 24:19Speaker 1: be smart obviously, but don't be afraid to have a
- 24:22Speaker 1: marketing budget that allows you to have good storytelling that
- 24:25Speaker 1: could gets you the media placements where you want to be,
- 24:28Speaker 1: that could again have stories that can be used all
- 24:31Speaker 1: over your social media platforms.
- 24:34Speaker 2: And I read that you've had about one hundred and
- 24:37Speaker 2: seventy five million invested that you've raised and invested. Is
- 24:40Speaker 2: that is that the right metric there? Or is that
- 24:43Speaker 2: how much you guys are.
- 24:45Speaker 1: Calling that's probably higher at this point. So you know,
- 24:48Speaker 1: that's both in you know, again all the real estate
- 24:50Speaker 1: development as well as all the human service delivery. So
- 24:54Speaker 1: our annual budget again is around operating budget is around
- 24:57Speaker 1: twenty million, So that doesn't include you know, all the
- 25:00Speaker 1: all the real estate development work, right, that's about balance
- 25:03Speaker 1: sheet stuff. So again we're intentional about trying to again
- 25:08Speaker 1: get to scale. The we're convinced that what we're trying
- 25:11Speaker 1: to do is replicatable. It is true the model out
- 25:13Speaker 1: and the way put the model out of scale, So
- 25:16Speaker 1: we were doing a lot of wonderful things, but it's
- 25:18Speaker 1: just not enough given the scope of the of the
- 25:21Speaker 1: challenges that our community faces in this moment. So, how
- 25:25Speaker 1: do we again get more capital to deploy, to execute
- 25:30Speaker 1: well and then to have the kind of results where
- 25:32Speaker 1: we're going to see increase in property values, which means
- 25:36Speaker 1: increase in tax base, which means more money for schools,
- 25:39Speaker 1: more money for public safety. How do we increase the
- 25:42Speaker 1: economic development projects that are here so people have the
- 25:45Speaker 1: kind of things that are important to them. They have
- 25:48Speaker 1: a grocery store to shop at, they have restaurants that
- 25:50Speaker 1: sit down at, they have movie theaters to have some entertainment.
- 25:53Speaker 1: They have all the things that they want to live
- 25:56Speaker 1: live their best possible lives. So we're we're convinced we're
- 25:59Speaker 1: doing the right kind of work. We just have to
- 26:01Speaker 1: get to scale.
- 26:04Speaker 2: You mentioned property values, property taxes. Have you seen the graphs.
- 26:10Speaker 2: Do you have a number of up the actual value
- 26:13Speaker 2: that has increased over time? Do you have metrics on
- 26:16Speaker 2: that you want to share?
- 26:17Speaker 1: So, because our footprint is relatively large, we have a
- 26:21Speaker 1: couple that are kind of more micro in nature. Right,
- 26:24Speaker 1: So in one community where we've done a lot of
- 26:26Speaker 1: the economic development work, and a fair amount of housing work.
- 26:29Speaker 1: Over the last ten years of average sales, price of
- 26:32Speaker 1: homes by square foot has gone on three hundred and
- 26:35Speaker 1: thirty eight percent and crime has gone down forty two right,
- 26:39Speaker 1: So again we know those are in direct correlation to
- 26:43Speaker 1: the work we're doing along with our community partners. So again,
- 26:47Speaker 1: this is not rocket science. It's just really hard to
- 26:50Speaker 1: take a place again have that has been left behind
- 26:53Speaker 1: and abandoned to try to turn it around. So we're
- 26:57Speaker 1: again we're we're absolutely confident we're doing the right kind
- 27:01Speaker 1: of work. We also just formed a partnership with Missouri's
- 27:04Speaker 1: largest home builder and they're in our community now. Typically
- 27:09Speaker 1: big home builders aren't working in places where we work
- 27:11Speaker 1: right because the math doesn't make sense. So we've been
- 27:14Speaker 1: able to afford to partnership with a local foundation that's
- 27:17Speaker 1: rolling money through us. We're buying the property, we're clearing
- 27:20Speaker 1: the title, and we're doing the site prep, and then
- 27:21Speaker 1: we're handing the pad ready site to the home builder.
- 27:27Speaker 1: They built their first home on a block that's four
- 27:29Speaker 1: blocks from our movie theater and food hall, on the
- 27:33Speaker 1: same block where we have five rentals, and they built
- 27:37Speaker 1: their first single family home. Did not put a sign
- 27:41Speaker 1: in the yard. Our homes were value county valuation around
- 27:45Speaker 1: one hundred and twenty one hundred and thirty thousand. Their home,
- 27:49Speaker 1: while bigger than our homes without putting a sign in
- 27:52Speaker 1: the yard, sold for two hundred and fifty thousand. So
- 27:55Speaker 1: we are thrilled with the possibility of again bringing more
- 27:59Speaker 1: homeowners to the community, more stakeholders, increasing valuation written large,
- 28:04Speaker 1: which means that all the neighbors have greater wealth because
- 28:07Speaker 1: their biggest asset, their home is worth more, and we
- 28:11Speaker 1: have more money for schools, more money for public safety.
- 28:15Speaker 1: I have another fifty lots that we're putting through quiet
- 28:18Speaker 1: title work and other other prep work, doing the surveying.
- 28:21Speaker 1: I got to work with the city on subdividing lots
- 28:24Speaker 1: and combining lots and doing a whole bunch of other
- 28:26Speaker 1: stuff that and that's our role, and that's our job,
- 28:29Speaker 1: you know, to kind of again make make that, make
- 28:32Speaker 1: that happen, so we can get this builder to stay interested,
- 28:34Speaker 1: to stay excited about working with us.
- 28:37Speaker 2: Is there something that has surprised you the most, like
- 28:41Speaker 2: either positively or negatively, when you go into a project,
- 28:46Speaker 2: or when you go into a certain quadrant or something
- 28:51Speaker 2: any generalizations there that you kind of go, oh, here
- 28:54Speaker 2: we go again. You know, I've got a rule book
- 28:57Speaker 2: for how we handle this, or you know, or is
- 29:00Speaker 2: there are there things that just like shock you and
- 29:03Speaker 2: surprise you that our issues or aren't issues. I guess.
- 29:07Speaker 1: So I'll give you. I'll give you the hardest thing
- 29:11Speaker 1: that we do, and then I'll give you some process.
- 29:13Speaker 1: So the hardest thing is public education. Okay, we're on
- 29:19Speaker 1: our I think our fifth superintendent in twelve years. That's
- 29:25Speaker 1: problematic continent all over again, don't you is really important?
- 29:32Speaker 1: And there are still not in our estimation a full
- 29:36Speaker 1: understanding of you can have the best teachers, the best curriculum,
- 29:41Speaker 1: the best buildings, but if kids and their families are
- 29:45Speaker 1: still struggling, you're going to have limitations on how well
- 29:48Speaker 1: the kids can do academically. It's just it just is
- 29:52Speaker 1: what it is. Right. It doesn't mean kids can't learn,
- 29:54Speaker 1: teachers can't teach. It just means the context of the classroom,
- 29:58Speaker 1: of the building, and of that child life make it
- 30:00Speaker 1: so unbelievably difficult. So we seed more people to understand
- 30:04Speaker 1: if we can strengthen families and strengthen neighborhoods, schools are
- 30:07Speaker 1: going to get better, but we've not made that kind
- 30:10Speaker 1: of courageous commitment to again really invest in people in place.
- 30:15Speaker 1: And we're confident that if we do that, things will
- 30:18Speaker 1: get better across multiple platforms, not just the education space.
- 30:24Speaker 1: The other thing, Katy, that is still so absolutely true
- 30:27Speaker 1: thirty two years in the folks we serve are just
- 30:30Speaker 1: like everybody else. They want a better life for themselves
- 30:33Speaker 1: and for their kids, and they want to work for it.
- 30:35Speaker 1: You know, again, there's so many stigmas or perceptions or
- 30:40Speaker 1: you know, kind of wrong narratives about folks in community
- 30:45Speaker 1: and families you know who again need a little bit
- 30:49Speaker 1: of help along the way. I'm amazed at the resilience
- 30:52Speaker 1: that the commitment of so many families afford a better
- 30:56Speaker 1: life for themselves and for their kids. And all they're
- 30:58Speaker 1: chomping foreign and wanting is the opportunity for that better life.
- 31:02Speaker 1: And if you give them a little bit of support,
- 31:04Speaker 1: they do amazing things. So again, we're thirty two years
- 31:09Speaker 1: and sometimes I get asked, you know, how can I
- 31:11Speaker 1: do this for this long? Isn't it hard? And the
- 31:13Speaker 1: answer is, yeah, it's really hard, But I know what
- 31:17Speaker 1: we're doing makes a difference right where I'm standing, to
- 31:20Speaker 1: my left is where kids walk to and from a
- 31:24Speaker 1: local school. And then my motivation because they still deserve better.
- 31:29Speaker 1: Those adults need to need to serve them better so
- 31:32Speaker 1: their dreams and their aspirations can come true.
- 31:37Speaker 2: I read about an initiative called Once and for All
- 31:41Speaker 2: that you're doing. Explain what that is and explain what
- 31:47Speaker 2: the community response has been to this particular.
- 31:50Speaker 1: Again, this is back to my ear savent about kind
- 31:52Speaker 1: of you know, telling your story. Right. So once and
- 31:55Speaker 1: for All, as a name implies, is about our region,
- 31:59Speaker 1: Like once for all, can we invest in the people
- 32:01Speaker 1: in places that have been left behind? Obviously it's supposed
- 32:04Speaker 1: to have double meaning, right, you know, everybody should be
- 32:08Speaker 1: included in this UH, and too often in in in
- 32:11Speaker 1: community and regions, not everybody is included in the prosperity.
- 32:15Speaker 1: So we wanted to tell a big story, so we
- 32:17Speaker 1: created Once and for All campaign to help us raise
- 32:20Speaker 1: another two hundred million UH to continue the work and
- 32:23Speaker 1: really excite philanthropy in town. Excite you know, investors in town,
- 32:28Speaker 1: get the get the public sector to get behind us
- 32:31Speaker 1: in a bigger way than they have, and again to
- 32:34Speaker 1: tell the story that if if Saint Louis is going
- 32:37Speaker 1: to be everything that we want it to be, we
- 32:40Speaker 1: can't leave so many people behind. And that's what we've
- 32:42Speaker 1: done here, and Frank it's true all across the country,
- 32:46Speaker 1: lots of places have and people have been left behind.
- 32:48Speaker 1: And again we're not going to be successful unless we
- 32:51Speaker 1: give people again the equity of opportunity. Remember, these these
- 32:54Speaker 1: are handouts and freebasy. So here's your here's an opportunity
- 32:58Speaker 1: to live a better life. You have to committed and
- 33:00Speaker 1: do your part, work hard. We know systems don't don't
- 33:04Speaker 1: work very well frequently, and we're going to help help
- 33:07Speaker 1: you navigate through and around systems. But again, we need
- 33:09Speaker 1: you to do your part and we're going to be
- 33:12Speaker 1: here for you and we're going to support you along
- 33:13Speaker 1: the way. And the results have been again some of
- 33:18Speaker 1: some of that one hundred and seventy five that's already
- 33:20Speaker 1: in the door is because of that. Right, it's a
- 33:23Speaker 1: it's a bigger story that you know, we're getting foundation support,
- 33:26Speaker 1: we're getting individuals to support us. Right, individuals give you know,
- 33:29Speaker 1: seventy five percent of all the philanthropic contributions in the
- 33:32Speaker 1: country and a very scant small percentage that comes to
- 33:36Speaker 1: community development. So we've been doing a good job at
- 33:40Speaker 1: getting front and getting in front of individuals using our
- 33:42Speaker 1: board and other contacts. We have to tell our story,
- 33:46Speaker 1: you know, to get people to come out, come, get
- 33:48Speaker 1: in my car and drive round me let me, let
- 33:50Speaker 1: me show you the community right, the good stuff we've done,
- 33:53Speaker 1: and quite frankly, in many challenges that still exists. You know,
- 33:57Speaker 1: I never sugarcoat you know, the story, cause it because
- 34:00Speaker 1: it's real. Right, there are still many challenges that need
- 34:03Speaker 1: to be addressed. Even though we've done a lot of work,
- 34:06Speaker 1: it's just not yet enough and it's not at scale.
- 34:09Speaker 1: And again, we just need folks to say, look, if
- 34:12Speaker 1: if you want to see real change. Finally, if you
- 34:15Speaker 1: want to after you know, decades of billions of dollars
- 34:20Speaker 1: going to poverty alleviation that has not worked. Here, we
- 34:24Speaker 1: believe it is the way to do it. Not simple
- 34:28Speaker 1: nor quick, but this is the way to get it done.
- 34:30Speaker 1: And matter of fact, it's the only way to get
- 34:32Speaker 1: it done because we've tried other methodologies and they've all
- 34:35Speaker 1: failed terribly.
- 34:38Speaker 2: So if you could dream and pull in one large
- 34:42Speaker 2: project like you, this is your dream to land. This
- 34:46Speaker 2: is your Super Bowl win. What would that project be
- 34:50Speaker 2: for you?
- 34:52Speaker 1: Kit? It wouldn't be one project. Not one project is
- 34:55Speaker 1: going to get us here in the quick aside. Another
- 34:57Speaker 1: thing that we're a part of is you're doing a
- 35:00Speaker 1: golf course in our community.
- 35:02Speaker 2: Wow.
- 35:03Speaker 1: Right, So again, not many community avelment folks do golf courses, right,
- 35:06Speaker 1: but this was. This is one of the oldest public
- 35:09Speaker 1: courses west of the Mississippi River, and it was in
- 35:12Speaker 1: jeopardy of again going under and going fallow. So if
- 35:17Speaker 1: you can imagine an old golf course going fallow, what
- 35:20Speaker 1: that does to a place, right, So we worked with
- 35:23Speaker 1: the Saint Louis Metropolitan a Golf Foundation to keep this course.
- 35:30Speaker 1: We were actually we actually we were a a We
- 35:33Speaker 1: leased the course from a local university who kind of
- 35:36Speaker 1: took it over when we Weridge operatists kind of threw
- 35:38Speaker 1: up their hands said we can't do it anymore. So
- 35:41Speaker 1: we leased it for two years to keep it afloat,
- 35:43Speaker 1: and then we helped raise the money to buy the
- 35:46Speaker 1: course from the university and then the guy named Jack
- 35:49Speaker 1: Nicholas agreed to redesign the course for us, which is
- 35:53Speaker 1: absolutely fantastic. So next October it's going to reopen again.
- 35:58Speaker 2: That's amazing, is.
- 36:00Speaker 1: Amazing, and like and like the movie theater, We're going
- 36:02Speaker 1: to keep the Greens fees affordable so people in community
- 36:05Speaker 1: can still play this. It's going to remain a public
- 36:07Speaker 1: course and it's going to main again available to community,
- 36:11Speaker 1: and it's going to be a wonderful thing. That's a
- 36:13Speaker 1: great project as an example, Right, that's not going to
- 36:15Speaker 1: turn the community around. So when I think about, like
- 36:18Speaker 1: if we got a large investment, what would I do
- 36:20Speaker 1: with it? It would be to look at all the
- 36:24Speaker 1: different spaces and places that we operate, from housing, education,
- 36:27Speaker 1: to health to economic development, and I would say, where
- 36:31Speaker 1: can we get the biggest bank for the buck? Where
- 36:33Speaker 1: where can we put these dollars? And it doesn't have
- 36:35Speaker 1: to be one place, right, It may be I need
- 36:37Speaker 1: I need to shore up some of our economic development
- 36:40Speaker 1: work because guess what, it's really hard your low income community.
- 36:44Speaker 1: We have inflationary challenges. You know, who knows what the
- 36:48Speaker 1: world is going to going to hold for us in
- 36:49Speaker 1: the next in the next several years, right in terms
- 36:51Speaker 1: of what happens in community. Right, So that may be
- 36:54Speaker 1: a place we want to put it. We may want
- 36:56Speaker 1: to do more owner occupied rehab. I may want to
- 36:59Speaker 1: double the amount of I have on the school buildings
- 37:01Speaker 1: because fifteen is not enough to serve the over three
- 37:04Speaker 1: thousand kids in the school system, right, So more work
- 37:07Speaker 1: to be done across the spectrum. So I wouldn't do
- 37:09Speaker 1: one project. I would say, where do I strategically, given
- 37:13Speaker 1: the multiple platforms that we operated, how can I best
- 37:16Speaker 1: use those dollars to have the biggest bang for the
- 37:18Speaker 1: buck and then leverage a living hell out of it.
- 37:23Speaker 2: We've talked about a lot of platforms, a lot of
- 37:25Speaker 2: toxics here, a lot of initiatives that you're working on
- 37:28Speaker 2: before we close out here, can you highlight one that
- 37:33Speaker 2: we haven't covered, one that you are just particularly proud
- 37:38Speaker 2: of or fond of.
- 37:40Speaker 1: So one that we haven't talked about. And it's really
- 37:42Speaker 1: more unique to Saint Louis than a bunch of other regions.
- 37:46Speaker 1: So in our geography, there were originally twenty four small
- 37:50Speaker 1: little municipalities, which makes no sense. But the guys who
- 37:56Speaker 1: are mayors and councils people and I didn't create the system,
- 37:59Speaker 1: they inherited it. So every month for over a decade,
- 38:02Speaker 1: we've met with twelve to eighteen of the mayors finding
- 38:06Speaker 1: ways for them to work together. They are small, they
- 38:09Speaker 1: have limited staff capacity, so we de facto or kind
- 38:14Speaker 1: of adjunct municipal staff. So we've helped with collective buying
- 38:19Speaker 1: power on trash collection, on street repairs, on housing demolition.
- 38:25Speaker 1: We partner with them on so in the state of
- 38:29Speaker 1: Missouri on some things that were unfair to communities like
- 38:32Speaker 1: ours and went all the way the Missouri Supreme Court
- 38:35Speaker 1: and one we've helped them focus on a number of things,
- 38:40Speaker 1: including this August, seventeen different communities are joining to create
- 38:44Speaker 1: a Transportation Development District a TDD. We paid for the
- 38:50Speaker 1: law firm to put all that together. We staffed to
- 38:53Speaker 1: get all the ordinances, to do all the logistics of
- 38:57Speaker 1: making that happen. It's again the idea of being in
- 39:01Speaker 1: relationship with community. So again, these mayors are de facto
- 39:05Speaker 1: community leaders in a very small kind of way. They
- 39:08Speaker 1: know their neighbors, they know their community well. They trust us,
- 39:12Speaker 1: they believe in us, and they allow us to lead
- 39:15Speaker 1: in some ways, and we don't have any power, but
- 39:16Speaker 1: they trust us enough to say, will you please help
- 39:19Speaker 1: us make our community better and help us tackle the
- 39:22Speaker 1: things that we need to tackle. So I take great
- 39:25Speaker 1: pride in knowing that we built those relationships over time,
- 39:30Speaker 1: that people trust my staff just to again listen to
- 39:33Speaker 1: their voice, to be a good partner, and try to
- 39:36Speaker 1: again help make the place they call home everything that
- 39:39Speaker 1: they want it to be. M h.
- 39:41Speaker 2: Well, you guys are doing great work there. It's been
- 39:45Speaker 2: a little bit since I've been into your neighborhood, made
- 39:49Speaker 2: come back on visit and I'll make another visit. So
- 39:54Speaker 2: it was a pleasure when we work with you over
- 39:56Speaker 2: the last kind of projects. You guys are doing great
- 39:58Speaker 2: work again. I've been talking with Chris Krameyer, the president
- 40:02Speaker 2: and CEO of Beyond Housing, and we just wish you
- 40:06Speaker 2: all elike because you guys keep pushing forward and we're
- 40:09Speaker 2: very honored to highlight you here in what you guys
- 40:12Speaker 2: are doing.
- 40:13Speaker 1: Thank you, Thank you, Katie, appreciate it.