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Councilmember Rader expressed strong support for the proposal. He acknowledged that the expense of the program may extend beyond 2026 and expressed willingness to consider the use of General Fund dollars at that time to maintain the program. Legal Aid and the committee further discussed the project budget. Ms. Shakarian pointed out that the proposed services have the potential to save money at the County-level by reducing Health and Human Services expenditures and increasing collection of property taxes. She expressed her hope that the success of this program in Lakewood can help persuade county officials to consider funding these services. Legal Aid shared more about its work with special populations and families with school-aged children. Studio W. 117th Daniel Budish&Betsy Figgie, co-developers of Studio W. 117th described their vision and progress toward creating a walkable neighborhood for the region's LGBT community to "live, work, and play." They spoke about the economic development benefits of the development, stating that 75 jobs have already been created. They remarked on the publicity and tourism the development has already brought to the region. Mr. Budish&Ms. Figgie announced that Phase I of the development, The Fieldhouse,is complete, and described the amenities offered within that space. They described the other 7 phases of the project, which include apartments,retail,healthcare and more. Ms. Figgie disclosed that Cuyahoga County is considering using ARPA fund to invest in the project. She presented the same financial information that was shared with Cuyahoga County including a breakdown of sources of income, and uses of income in the order in which it was invested for The Fieldhouse. She noted that personal investments from the developers were put forward first. Ms. Figgie and Mr. Budish shared the financials of Phase 2 of the project,which is expected to include 120 units of affordable housing and a medical campus. They also shared the financials of phase 3 of the pro]ect which includes the Phantasy. They presented a breakdown of sources of income and the uses of income in the order in which it was invested for these portions of the pro]ect. They described the different sources of income being pursued and acknowledged that there remains a funding gap. In their pursuit of County ARPA funds, the County expressed a preference for Studio W. 117`"to demonstrate a willingness from Lakewood to invest first. Ms. Figgie explained that she and Mr. Budish have demonstrated their ability to be successful during a tough market. She provided additional specifics about the ARPA request. They explained that receiving ARPA funds for this project would allow the momentum of this project to continue uninterrupted and unlock other key funding sources. In response to a question, Mr. Budish expressed confidence in the ability of the project to succeed and explained why. Through discussion with the committee and the developers it was established that there is an $8 million gap between Phases 2 and 3 of the project and that Cuyahoga County has invited the developers to apply for$8 million, after Lakewood demonstrates an investment. The estimated project completion is 2025 and 2026. It may or may not be completed in phases. In response to questions from the committee, Mr. Budish and Ms. Figgie provided additional details about the proposed parking garage and affordable housing. They explained that additional grants and funding 6