Primary Department: Housing and Community Development
Primary Department Head/Elected Official: Thao Costis, Executive Director
Secondary Department: N/A
Secondary Department Head/Elected Official: N/A
Regular or Supplemental RCA: Supplemental RCA
Type of Request: Transfer of Funds Only
Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): N/A
MWBE Contracted Goal (if applicable): N/A
MWBE Current Participation (if applicable): N/A
Justification for 0% MWBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable):
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Request Summary (Agenda Caption):
title
Request by Housing and Community Development for authority to convene a hybrid property workgroup made up of designees of Commissioners Court members to create a process to identify underutilized real estate assets to recommend to Commissioners Court for the purposes of both public purpose in the furtherance of County goals and revenue generation, related to the Putting Assets to Work (PAW) Initiative, and report back by November 19, 2026.
end
Background and Discussion:
The Putting Assets to Work (PAW) Initiative was originally designed to strategically deploy County-owned real estate to generate revenue, support community-benefit projects, and create long-term value. As the County faces both ongoing budget constraints and demand for public-purpose projects, refining the PAW program is both timely and essential.
Since then, the PAW program continues to evolve. The pilot phase was focused on only "yield sites". This motion will direct HCD to lead a working group to launch "hybrid sites", which are sites that are both for public purpose and some revenue generation. One example of a hybrid site would be an affordable housing development that both creates affordable housing and can provide a lease payment to the HCHFC or HCPFC.
Expected Impact:
No imm...
Click here for full text