City of Boulder. City of Boulder Affordable Housing
|
|
- Barnaby Homer Austin
- 7 years ago
- Views:
Transcription
1 City of Boulder Affordable Housing Presentation For: Planning Board City of Boulder John Pollak, Co-Director Department of Housing & Human Services June, 2006
2 Gap Between Incomes and Affordable Housing Boulder Area Low Income Limit = $53,650 (2006, 69% of AMI, 3 person household) For that Income, Affordable Home Price = $160,000 Median Home Prices $505,000 (Detached) $242,000 (Attached) 2
3 Rising Home Prices Outpace Income Growth Median Income and Median Home Prices $500,000 $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 M edian Single Family Home Price Affordable Price For M edian Income Housholds M edian Attached Home Price Area M edian Income for 3 Person Household
4 Key Factors Driving Housing Prices Limited Land University Community Employment Center Attractive, Desirable Community Growth Limitations 4
5 Who Struggles to Live in Boulder? Service and Retail Workers Teachers Health Care Professionals Entry and Mid-Level Managers and Professionals Child Care Providers Seniors People with Disabilities Families Boulder s s Workforce 5
6 Community Benefits of Affordable Housing Social Assists people in need Preserves economic diversity Allows people to live where they work Economic Stabilizes employment base Provides workforce housing Environmental Preserves urban growth boundaries Reduces commuting, pollution Preserves compact community Cultural Maintains community character Preserves diversity 6
7 Permanent Affordability On-going resale restriction Designed to keep inventory affordable in perpetuity for low-moderate income households Affordable: ~30% of income for housing Deed restricted covenant covenant tied to property 7
8 Home Prices (example) 1000 SF, 2 bedroom, 1.5 bath Attached: $141,900 Detached: $153,400 8
9 Affordable Housing Goal: 10% Permanently Affordable Affordable Housing 10% Goal = 4,500 Homes Market Rate Units To Build Out = 45,000 Homes 9
10 Guidelines for Affordable Housing Production Mix of Rental and Homeownership Mix of New Construction & Existing Inventory Distributed Among Very Low, Low, and Moderate Income Households 10
11 2,700 Permanently Affordable Housing Units Homeowner Units = 18% Rental Units = 82% 11
12 Range of Incomes Served Moderate Income >67% - 80% AMI 14% Very Low Income <30% AMI 32% Low Income >30% - 67% AMI 54% 12
13 Incomes of Households Served (Based On Year 2006 HUD Area Median Income for 1-3 Person Household) Very, Very Low Very Low Low Moderate Middle Under $30,000 $30,000 - $39,000 $42,000 - $53,000 $47,000 - $62,000 $60,000 - $78,
14 Buyers of Permanently Affordable Homes Come From All Walks of Life Social and Human Services Workers 2% ServiceWorker, Mechanic, Transportation 12% Marketing,Sales 6% Self-Employed 6% Health Care Professionals 5% Research 5% Communications 4% Professional, Technical, Engineer 10% Administrative, Managerial 21% Disabled/Retired 3% Teacher 15% Unknown/Other 9% Production Workder 2% Based on a sample of buyers of affordable homes (does not include renters) 14
15 Affordable Homeownership Market Buyers 100+ Income Eligible Buyers Units Available Home Sales New Construction 125 sold since 1/ unsold at CO Resales 62 sold since 1/ /-% sell immediately 85+/-% sell within 60 days 15
16 Progress Toward 10% Permanently Affordable Housing Goal Additional Affordable Homes Needed to Reach Goal = 1800 Permanently Affordable Homes = % of Housing Stock Permanently Affordable *Includes about 200+ beds in group living arrangements counted as single person household 16
17 Where are the Permanently Affordable Homes?
18 Inclusionary Zoning: One Strategy to Address Housing Affordability Passed by Planning Board City Council, effective early 2000 Requires new residential to contribute 20% to permanently affordable housing 18
19 Inclusionary Zoning Basic Requirements 20% of new residential development must be permanently affordable to income eligible households Half of the 20% must be on-site (for ownership units) general preference for on- site units whenever possible Rental projects may provide all off-site (state law prohibits rent control for private, for- profit developers) Size: 80% of SF of market rate units, up to 1200 SF 19
20 Additional Requirements Covenants & Deed of Trust Unit Types and Distribution Construction Timing In tandem with Market Rate Units Owner Occupied Good Faith Marketing and Fair Housing 20
21 Off-Site Options Contribute cash-in-lieu (per required affordable unit, adjusted annually, year 2006) Detached: $113,367 Attached: $101,747 Dedicate comparable off-site units Dedicate land Potential to do all affordable units off-site if significant additional community benefit provided 21
22 Income Eligibility and Sales Price Requirements Income Eligibility (Based on HUD low income limit) HUD +10% for homeownership HUD -10% for rental Initial Sales Price Restriction Resale Price Restrictions Original Sales Price + Maximum Annual Appreciation (CPI or AMI, maximum of 3.5% per year) Price also adjusted for allowable capital improvements, excessive damage, and real estate transaction costs 22
23 Additional Strategies to Reach Housing Goal Funding: Federal, State, Local, Cash- in-lieu Regulatory Incentives Land Use Changes Fee Waivers and Subsidies Public/Private Partnership 23
Appendix 11: AFFORDABLE HOUSING TERMS & CRITERIA
Appendix 11: AFFORDABLE HOUSING TERMS & CRITERIA (Provided by the Southampton Housing Authority March 18, 2013) What is Affordable Housing? There are a number of definitions of affordable housing as federal
More informationVillage of Ossining Affordable Housing Rules and Regulations (as revised 1/15/13)
Village of Ossining Affordable Housing Rules and Regulations (as revised 1/15/13) Purpose: The Village Board of Trustees adopted an Affordable Housing Policy on April 14, 2006 and Chapter 62 of the Village
More informationAFFORDABLE HOUSING POLICY Recommended July 23, 2013
AFFORDABLE HOUSING POLICY Recommended July 23, 2013 It shall be the policy of Albemarle County to promote a variety of housing choices for residents. Choice shall be defined by type, tenure, and price
More informationPALM BEACH COUNTY Workforce Housing Homebuyer/Renter Information (2015)
PALM BEACH COUNTY Workforce Housing Homebuyer/Renter Information (2015) What is the Workforce Housing Program? The Workforce Housing Program provides for the development of workforce housing units in all
More informationLawrence Affordable Housing Need: 2008-2012 five year Census Survey
TTH Take Away Affordable Housing is critical to economic development and STABILITY in our community There is a large and widening gap between incomes and housing costs Traditional federal resources are
More informationInclusionary Zoning. Ideas You Can Use From the Regulatory Barriers Clearinghouse
Inclusionary Zoning Ideas You Can Use From the Regulatory Barriers Clearinghouse Problem Tight government financial resources Growing affordable housing need Record 569 Government non-monetary alternatives
More informationDelaware Housing Coalition P.O. Box 1633 Dover, DE 19903-1633 (302) 678-2286 FAX (302) 678-8645 www.housingforall.org www.whynimby.
Delaware Housing Coalition P.O. Box 1633 Dover, DE 19903-1633 (302) 678-2286 FAX (302) 678-8645 www.housingforall.org www.whynimby.org JUNE 1, 2011 David Culver General Manager New Castle County Department
More informationAdministration of Affordable Dwelling Units by the Department of Housing and Community Development
Administration of Affordable Dwelling Units by the Department of Housing and Community Development The mission of the Department of Housing and Community Development (DHCD) is to create and preserve opportunities
More informationWhat is a Community Land Trust?
What is a Community Land Trust? Community Land Trusts are community-based membership organizations whose missions include permanent stewardship of land for community benefit and perpetual preservation
More informationLong-term affordable homeownership: Program design and research findings
Long-term affordable homeownership: Program design and research findings Brett Theodos February 12, 2015 AN INTRO TO LONG-TERM AFFORDABLE HOMEOWNERSHIP Shared Equity Homeownership: A Quick Intro Allows
More informationCITY OF TEMPE COMMUNITY DEVELOPMENT DEPARTMENT HOUSING SERVICES DIVISION www.tempe.gov
CITY OF TEMPE COMMUNITY DEVELOPMENT DEPARTMENT AFFORDABLE HOUSING STRATEGY DOCUMENT 1 CITY OF TEMPE COMMUNITY DEVELOPMENT DEPARTMENT HOUSING SERVICES DIVISION www.tempe.gov P.O. BOX 5002 21 E. Sixth Street,
More informationPurchase an Affordable Home in Orange County
Purchase an Affordable Home in Orange County Habitat for Humanity of Orange County offers affordable homeownership opportunities. Families who work in Orange County can live in Orange County under construction:
More informationTHE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF LOS ANGELES, CALIFORNIA DATE: DECEMBER 16, 2004 C9 2010 ROBERT R. OVROM, CHIEF EXECUTIVE OFFICER
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF LOS ANGELES, CALIFORNIA REVISED Pg. 3 as underlined and Attachment C as underlined, also deleting #10 & 11 M E M O R A N D U M 17 DATE: DECEMBER 16, 2004
More informationAffordable Housing Ownership Program - Q & A
Affordable Housing Ownership Program - Q & A October 2015 If You're Interested in Purchasing an Affordable Home Who may apply for this program? Any person or household who meets the eligibility requirements
More informationAffordable Dwelling Unit Ordinance
Affordable Dwelling Unit Ordinance The following model ordinance establishes a voluntary program for encouraging supported affordable housing units through the review process of new developments. It is
More informationVancouver s Housing and Homelessness Strategy 2012-2021 A home for everyone
Vancouver s Housing and Homelessness Strategy 2012-2021 A home for everyone A home for everyone Vancouver s Housing and Homelessness Strategy 2012-2021 Prepared by Context Ltd. June 2011 ACKNOWLEDGEMENTS:
More informationA Snapshot of Affordable Housing Need in Naperville
A Snapshot of Housing Need in Produced by: Business Professional People for the Public Interest (BPI) 25 East Washington, Suite 1515 Chicago, IL 60602 (312) 641-5570 December 2006 A Shifting Economy; A
More informationHomebuyers Guide Homeownership Program
Homebuyers Guide Homeownership Program s:\housing\homeownership\marketing\website\manuals\buyer-guide.docx 2 Table of Contents Welcome!... 3 Programs Summary... 4 Homeworks Permanently Affordable Program
More informationJanuary 1, 2013 thru March 31, 2013 Performance Report
Grantee: Houston, TX Grant: B-11-MN-48-0400 January 1, 2013 thru March 31, 2013 Performance Report 1 Grant Number: B-11-MN-48-0400 Grantee Name: Houston, TX Grant Amount: $3,389,035.00 Estimated PI/RL
More information5. CONSERVATION OF AFFORDABLE UNITS
5. CONSERVATION OF AFFORDABLE UNITS The analysis of the Conservation of Affordable Units section relied primarily on data from the San Benito County Housing and Economic Development Department, San Benito
More informationCity of Hayward Inclusionary Housing and Nexus Study
City of Hayward Inclusionary Housing and Nexus Study Public Review Draft Report P R E P A R E D F O R : City of Hayward 777 B. Street Hayward, CA 94541 P R E P A R E D B Y : David Paul Rosen & Associates
More informationINFORMATION AND APPLICATION FOR AFFORDABLE HOUSING
INFORMATION AND APPLICATION FOR AFFORDABLE HOUSING Affordable Housing Unit available for households earning up to 100% of the Boston Area Median Income Town of Concord, MA This packet contains specific
More informationHabitat for Humanity of Southern Brazoria County (HfHSBC) This policy defines the terms and conditions that are required in a Habitat mortgage.
Habitat for Humanity of Southern Brazoria County (HfHSBC) HfHSBC Policy No. 24 - Mortgage Policy General Principles This policy defines the terms and conditions that are required in a Habitat mortgage.
More informationAsset Management Outcomes Logic Model Outcomes Asset Management Outcomes Indicators Activities Timing Frequency Who is Accountable Financial Management Process Roles Other Relevant Persons Mission/Housing
More informationAffordable Housing. In Boulder, Colorado. Brian Lewandowski Research Associate Business Research Division Leeds School of Business
Affordable Housing In Boulder, Colorado by Brian Lewandowski Research Associate Business Research Division Leeds School of Business Thomas G. Thibodeau Academic Director University of Colorado Real Estate
More informationAgencies and Resources
The following local, state and federal agencies administer programs or provide funds for housing programs and projects: Murray County EDA P.O. Box 57 Slayton, MN 56172 Contact: Amy Hoglin, Economic Development
More informationChapter 7. Housing. Sarasota County Comprehensive Plan
Chapter 7 Housing Sarasota County Comprehensive Plan Sarasota County Planning & Development Services 1660 Ringling Boulevard 1 st Floor Sarasota, FL 34236 Contact Telephone: 941-861-5140 Web Address: scgov.net
More informationChapter 40B - Frequently Asked Questions
What is Chapter 40B? Chapter 40B - Frequently Asked Questions Also known as the Comprehensive Permit Law, Chapter 40B (http://www.mass.gov/?pageid=ehedsubtopic&l=3&l0=home&l1=community+ Development&L2=Chapter+40B+Planning&sid=Ehed)
More informationSHARED EQUITY HOUSING IMPLEMENTATION IN TEXAS A WHITE PAPER FROM HOMEBASE & AUSTIN HABITAT FOR HUMANITY, SPONSORED BY CITI FOUNDATION
SHARED EQUITY HOUSING IMPLEMENTATION IN TEXAS A WHITE PAPER FROM HOMEBASE & AUSTIN HABITAT FOR HUMANITY, SPONSORED BY CITI FOUNDATION JANUARY 2014 INTRODUCTION In its most efficient form, homeownership
More informationVacant Properties Rehabilitation Program
City of Columbus Department of Development Housing Division Vacant Properties Rehabilitation Program Redevelopment for Homeownership/ Lease-Purchase Guidelines Old Oaks City of Columbus Department of Development
More informationVacant Properties Rehabilitation Program
City of Columbus Department of Development Housing Division Vacant Properties Rehabilitation Program Redevelopment for Homeownership/ Lease-Purchase Guidelines Capital Bond Funds Home Funds NSP 1, 2, 3
More informationAffordable Housing - Alexandria, VA
City of Alexandria Affordable Housing 1 Location and Demographics City Demographics Population (2012) 146,294 Land Area (Sq. Miles) 15.4 Owner Occupied Units 29,103 Renter Occupied Units 34,635 2 2000
More informationCover Memo for Draft Options of Potential Fee Changes
Cover Memo for Draft Options of Potential Fee Changes Background We are transitioning into Phase 3 of the project, which is the decision-making phase. Based on the feedback from city council on April 12,
More informationThe City of Kenner Community Development Department
The City of Kenner Community Development Department First Time Homebuyers Training Program Description and Objectives The homebuyer education class explains the home-buying process to prospective homeowners,
More information2. Inventory available public property within the site area. Include publiclyheld property, tax-foreclosures, and donated property.
Land Assembly and Redevelopment What is it? Land is location, and location is the most valuable asset in successful real estate development. The right land transaction is crucial to each of the twin objectives
More informationAssistance for the Redevelopment of Abandoned and Foreclosed Properties City of Atlanta, Georgia
Community Development Block Grant Neighborhood Stabilization Program Title III, Section 2301 of the Housing and Economic Recovery Act of 2008 (HR 3221) Assistance for the Redevelopment of Abandoned and
More informationLand Banks and Affordable Housing
September 2008 Volume 7 Issue 5 Land Banks and Affordable Housing You can hardly turn on the news today without hearing a report that the number of foreclosed properties continues to rise nationwide. In
More informationThis is a working document, which will be modified from time to time, including after the regulations are published in the June 2 New Jersey Register.
TO: FROM: RE: Mayors and Municipal Governing Body Members Michael Cerra, Director, Government Affairs NJ State League of Municipalities Summary, COAH s Proposed Substantive Rules Date: May 22, 2014 Below
More informationHow to Apply For Community Investment Program (CIP) In Chicago
Application for Community Investment Program (CIP) Credit Purpose: To provide members with favorably priced advances and letters of credit (LOCs) for financing eligible owneroccupied housing and rental
More information- 1 - Neighborhood Stabilization Program Information Summary Sheet
- 1 - Neighborhood Stabilization Program Information Summary Sheet Eligible Uses: Purchase and rehab abandoned or foreclosed homes and residential properties. Establishing financing mechanisms for purchase
More informationCreating More Affordable Housing in Chicago
Creating More Affordable Housing in Chicago The Home Builders Association of Greater Chicago (HBAGC) supports increasing the availability of affordable housing in the City of Chicago and strongly encourages
More informationTestimony By Joseph Kriesberg, President & CEO Massachusetts Association of CDCs. Before the House Committee on Bonding June 3, 2013
Testimony By Joseph Kriesberg, President & CEO Massachusetts Association of CDCs Before the House Committee on Bonding June 3, 2013 In support of An Act Financing the Production and Preservation of Housing
More informationWHEREAS, Santa Monica is a coastal city in a prime location, being bordered by the City of Los Angeles to the north, east and south; and
City Council Meeting / /2013 ORDINANCE NUMBER (CCS) (City Council Series) AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA AMENDING SANTA MONICA MUNICIPAL CODE SECTIONS 9.56.020, 9.56.030,
More informationFIRST TIME HOMEBUYERS PROGRAM GUIDELINES (for Market Rate Units) Last Revised October 3, 2013
FIRST TIME HOMEBUYERS PROGRAM GUIDELINES (for Market Rate Units) Last Revised October 3, 2013 I. Applicant Eligibility a. The total household income can be no greater than 120% of area median, adjusted
More informationSuccess in Affordable Housing: The Metro Denver Experience
Success in Affordable Housing: The Metro Denver Experience B Produced by: Business and Professional People for the Public Interest (BPI) 25 East Washington, Suite 1515 Chicago, IL 60602 u(312) 641-5570
More informationAffordable Homeownership
Housing and Human Services Division Affordable Homeownership Program Guidelines The City s Affordable Homeownership Program (also referred to as the Inclusionary Housing Program) provides homeownership
More informationBoston MA: Inclusionary Development Policy
Boston MA: Inclusionary Development Policy INTRODUCTION Boston s inclusionary program, called the Inclusionary Development Policy, was established in early 2000 through an executive order of the mayor.
More informationCity of Cambridge Inclusionary Housing Study
City of Cambridge Inclusionary Housing Study City of Cambridge May 31, 2016 DAVID PAUL ROSEN & ASSOCIATES Study Elements Socioeconomic Diversity Analysis Economic Feasibility Analysis Practices in Other
More informationRESIDENTIAL PROPERTY TAX INCENTIVE PROGRAMS in New York City
RESIDENTIAL PROPERTY TAX INCENTIVE PROGRAMS in New York City A Guide to Basic Program Rules and Eligibility FEBRUARY 2011 ABOUT ENTERPRISE Enterprise is a leading provider of the development capital and
More informationSection 1.16a Resale/Deed Restrictions Guidelines
Section 1.16a Resale/Deed Restrictions Guidelines In This Section This section contains the following topics: Overview... 2 Introduction... 2 Related Bulletins... 2 General... 2 Identification and Eligibility
More informationHOMEBUYER PROGRAM MANUAL (Existing & New Construction) AMENDED DECEMBER, 2008
HOME INVESTMENT PARTNERSHIP PROGRAM HOMEBUYER PROGRAM MANUAL (Existing & New Construction) AMENDED DECEMBER, 2008 ADMINISTERED BY: HARLINGEN COMMUNITY DEVELOPMENT CORPORATION 518 E. HARRISON Harlingen,
More informationJuly 1, 2010 thru September 30, 2010 Performance Report
Grantee: Riverside, CA Grant: B-08-MN-06-0519 July 1, 2010 thru September 30, 2010 Performance Report 1 Grant Number: B-08-MN-06-0519 Grantee Name: Riverside, CA Grant Amount: $6,581,916.00 Grant Status:
More informationLOW-INCOME HOUSING TAX CREDIT PROGRAM OVERVIEW
LOW-INCOME HOUSING TAX CREDIT PROGRAM OVERVIEW September 2015 TAX CREDIT OVERVIEW The credit is a 10-year tax incentive to encourage the development of residential rental housing at or below 60% of area
More information7.0 GOALS, OBJECTIVES & POLICIES
7.0 GOALS, OBJECTIVES & POLICIES The following Goals, Objectives and Policies specific to Housing are organized into broad categories including: 7.1: Housing Availability 7.2: Protection of Existing Neighborhoods
More informationMICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY COMMUNITY DEVELOPMENT DIVISION
MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY COMMUNITY DEVELOPMENT DIVISION Subject: SUBSIDY LIMITS AND LIEN REQUIREMENTS Effective Date: September 1, 2015 (revised 10/15/15) This policy defines the subsidy
More informationINFORMATION PACKET NORFOLK AFFORDABLE HOUSING LOTTERY NORFOLK TOWN CENTER CONDOMINIUMS
INFORMATION PACKET NORFOLK AFFORDABLE HOUSING LOTTERY This packet contains specific information on the background, eligibility requirements, selection priority categories, application process and the affordable
More informationReviewed and Approved
Action Plan Grantee: Grant: Hernando County, FL B-11-UN-12-0021 LOCCS Authorized Amount: Grant Award Amount: $ 1,953,975.00 $ 1,953,975.00 Status: Reviewed and Approved Estimated PI/RL Funds: $ 700,000.00
More informationJuneau Affordable Housing Fund
Juneau Affordable Housing Fund Notice of Funding Available Juneau Affordable Housing Fund Application for Funding Round One Issued by: Deadline for Questions: Deadline for Funding Applications: June 22,
More informationHouseCharlotte Homeowner Assistance Loan Submission City of Charlotte Housing Subsidy Program
HouseCharlotte Homeowner Assistance Loan Submission City of Charlotte Housing Subsidy Program Please fill in all information completely Date: Lender Name: Lender Address: Contact Name(s): Phone Number:
More informationIV. HOME NARRATIVES (AP-90)
IV. HOME NARRATIVES (AP-90) A. INTRODUCTION Los Angeles County is an Urban County-participating jurisdiction for HUD s HOME Investment Partnerships (HOME) Program. It receives an annual formula allocation
More informationDeed Restrictions and Community Land Trust Ground Leases: Protecting Long Term Affordable Homeownership
Deed Restrictions and Community Land Trust Ground Leases: Protecting Long Term Affordable Homeownership by David Abromowitz and Kirby White THE NATURE OF THE RESTRICTIONS Before discussing deed restrictions
More informationThe Neighborhood Stabilization Program
The Neighborhood Stabilization Program The Neighborhood Stabilization Program Timothy C. Raffa, Esquire Weissman, Nowack, Curry & Wilco, P.C. timr@wncwlaw.com 404-926-4667 Fax 404-926-4867 www.wncwlaw.com
More informationJuneau Affordable Housing Fund Application for Funding
Juneau Affordable Housing Fund Application for Funding Funding Round I Spring 2011 Application Due on PLEASE REVIEW ALL PROGRAM GUIDELINES ON THE JUNEAU ECONOMIC DEVELOPMENT COUNCIL S AFFORDABLE HOUSING
More informationKEAUHOU PLACE CONDOMINIUM PROJECT SUMMARY OF THE RESERVED HOUSING SALES PROGRAM AND TIMELINE. March 2015
KEAUHOU PLACE CONDOMINIUM PROJECT SUMMARY OF THE RESERVED HOUSING SALES PROGRAM AND TIMELINE I. OVERVIEW & SALES PROGRAM March 2015 Keauhou Lane LP, a Hawaii limited partnership (the Developer ), will
More informationMueller Affordable Homes Program Details and FAQs
Mueller Affordable Homes Program Details and FAQs This information is provided as a general resource and is not intended to fully describe or disclose all requirements or restrictions of the Mueller Affordable
More informationReforming and Rationalizing Tax Expenditures: Developing and Testing a Framework
Reforming and Rationalizing Tax Expenditures: Developing and Testing a Framework Jason Juffras D.C. Office of Revenue Analysis 2013 FTA Revenue Estimation and Tax Research Conference October 8, 2013 The
More informationHOME Investment Partnerships Program FAQs
HOME Investment Partnerships Program FAQs Last Updated: April 25, 2016 Description: This document contains the HOME Investment Partnerships Program FAQs posted on the HUD Exchange website (https://www.hudexchange.info/home/).
More informationDRAFT Enterprise Community Partners CITY OF DURHAM. Date GOALS. Karen Lado, Consultant March 10, 2016
DRAFT Enterprise Community Partners CITY OF DURHAM AFFORDABLE Title HOUSING Date GOALS Karen Lado, Consultant March 10, 2016 Useful Definitions Income Groups Low-income: 51-80% AMI Very low income: 31-50%
More informationFunding Sources for Housing Development
CHAPTER 7 Funding Sources for Housing Development Conway Pines, Conway Although funding is not the only solution to housing issues in New Hampshire, it is part of the answer. The production of new affordable
More informationGrantee: Neighborhood Housing Services of Orange County. April 1, 2012 thru June 30, 2012 Performance Report
Grantee: Neighborhood Housing Services of Orange County Grant: B-09-CN-CA-0049 April 1, 2012 thru June 30, 2012 Performance Report 1 Grant Number: B-09-CN-CA-0049 Obligation Date: Award Date: Grantee Name:
More informationNEIGHBORHOOD LAND BANK
NEIGHBORHOOD LAND BANK Purpose: Contribute to the community stabilization, revitalization and preservation of San Diego County s communities, particularly San Diego s low and moderate income communities,
More informationCITY OF JOPLIN HOMEBUYER ASSISTANCE PROGRAM (J-HAP) FREQUENTLY ASKED QUESTIONS (FAQ S) Updated February 21, 2014
1. What is the Joplin Homebuyer Assistance Program (J-HAP)? The City of Joplin s primary objective is to allocate a portion of its U.S. Department of Housing and Urban Development (HUD) Community Development
More informationCarlisle City Council. Low Cost Home Ownership (Discounted Sale) Policy and Guidance
Carlisle City Council Low Cost Home Ownership (Discounted Sale) Policy and Guidance July 2015 Low Cost Home Ownership (Discounted Sale) Policy and Guidance Index of Contents Page 1.1 Background to Scheme
More informationCITY OF PASSAIC DEPARTMENT OF COMMUNITY DEVELOPMENT 330 PASSAIC STREET PASSAIC, NEW JERSEY 07055
CASE NUMBER enter number (office use only) CITY OF PASSAIC DEPARTMENT OF COMMUNITY DEVELOPMENT 330 PASSAIC STREET PASSAIC, NEW JERSEY 07055 FIRST TIME HOMEBUYER ASSISTANCE PROGRAM AGREEMENT HUD # APPLICANT
More informationHousing Affordability
Housing Affordability Leigh Ann King, AICP The Rocky Mountain Land Use Institute Sustainable Community Development Code Research Monologue Series: Healthy Neighborhoods, Housing, Food System Housing Affordability
More informationA. Definitions. For the purposes of this Section 161-2, certain words and phrases are defined as follows:
161-2. Requirements for low and moderate income housing. A. Definitions. For the purposes of this Section 161-2, certain words and phrases are defined as follows: 1. Affordable dwelling unit shall mean
More informationRio Homes Permanently Affordable Homes Application Process
Rio Homes Permanently Affordable Homes Application Process Thank you for your interest in the third phase of the Rio Homes. This partnership between AZNORTH Development, Inc. and the City of Flagstaff
More informationInvitation for Purchase 159 Settlers Landing Road Hampton, Virginia 23669 By Hampton Redevelopment & Housing Authority
Invitation for Purchase 159 Settlers Landing Road Hampton, Virginia 23669 By Hampton Redevelopment & Housing Authority Sales Price - $72,135 The Hampton Redevelopment and Housing Authority (HRHA) is soliciting
More informationHow To Improve The Housing Situation In A City Of More Than 100,000
Mayor s Task Force on Preserving Dynamic & Diverse Neighborhoods November 24, 2014 Contents Gentrification Definitions Gentrification Mitigation Strategies Methods Used by Peer Cities City Incented Housing
More informationOne Affordable Homeownership Unit - Adaptable Unit with Accessible Features
One Affordable Homeownership Unit - Adaptable Unit with Accessible Features Located at 100 Pacific Street near Central Square, this unit will be available, through the City s Inclusionary Housing Program,
More information2016 HOME REQUEST FOR PROPOSALS AFFORDABLE HOUSING ACQUISITION AND/OR REHABILITATION or NEW CONSTRUCTION
2016 HOME REQUEST FOR PROPOSALS AFFORDABLE HOUSING ACQUISITION AND/OR REHABILITATION or NEW CONSTRUCTION The Eugene-Springfield HOME Consortium invites proposals from for-profit developers, non-profit
More informationIHDA 47 ILLINOIS ADMINISTRATIVE CODE 355 TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY
IHDA 47 ILLINOIS ADMINISTRATIVE CODE 355 TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY PART 355 ILLINOIS AFFORDABLE HOUSING TAX CREDIT PROGRAM SUBPART A:
More informationCity of Scotts Valley Affordable Housing Action Plan Brochure. (updated April 15, 2015) Please Note:
CITY OF SCOTTS VALLEY PLANNING DEPARTM ENT One Civic Center Drive Scotts Valley California 95066 Phone (831) 440-5630 Facsimile (831) 438-2793 www.scottsvalley.org City of Scotts Valley Affordable Housing
More informationProject Address: City: State: Zip:
CONDOMINUM QUESTIONNAIRE Full Lender Review PLEASE ANSWER ALL QUESTIONS AND SIGN AND DATE THE CERTIFICATIONS AT BOTTOM OF THE QUESTIONNAIRE: This document must be completed by the HOA or Managing Agent;
More informationCity of Wichita. Housing and Community Services Department HOME INVESTMENT PARTNERSHIPS PROGRAM HOUSING DEVELOPMENT LOAN PROGRAM
City of Wichita Housing and Community Services Department HOME INVESTMENT PARTNERSHIPS PROGRAM HOUSING DEVELOPMENT LOAN PROGRAM 2015-2016 Program Year INFORMATION PACKET APPLICATION FORM 1 Overview and
More informationAGENDA REPORT. Members of the Planning Commission Terri C. Schaeffer, Housing Program Coordinator/Code Compliance Officer
CITY OF PACIFIC GROVE 300 Forest Avenue, Pacific Grove, California 93950 AGENDA REPORT TO: FROM: MEETING DATE: November 5, 2015 SUBJECT: CEQA: RECOMMENDATION Receive the Housing Monitoring Report Members
More informationNEIGHBORHOOD STABILIZATION PROGRAM (NSP) APPLICATION FOR NSP LOAN. Program Guidelines
APPLICATION FOR NSP LOAN Income limits per household Program Guidelines Maximum Income 1 48,150 2 55,000 3 61,900 4 68,750 5 74,250 6 79,750 7 85,250 8 90,750 Homebuyer Requirements Home Education Minimum
More informationThe New Cottage Industry
The New Cottage Industry The Relationship of the Sharing Economy s Rental Markets to Land Use and Tax Regulation Brian Duffany, Economic & Planning Systems Jessica Garrow, AICP, City of Aspen Phillip Supino,
More informationEAST HARLEM Neighborhood Snapshot MN CD11. DRAFT(v9) August 24, 2015
Neighborhood Snapshot MN CD11 DRAFT(v9) August 24, 2015 Neighborhood Snapshot Summary What is considered East Harlem? East Harlem in this snapshot is defined as the area within the borders of Manhattan
More informationHelping to make buying a home more affordable
Helping to make buying a home more affordable What we ll cover 1. Are you ready to be a homeowner? 2. Overview of programs to help make buying a home more affordable 3. Types of programs available to you
More informationState: PENNSYLVANIA Pennsylvania Housing Finance Agency (PHFA) HOUSING LOCATION: Site and Neighborhood Standards A1. Mandatory
State: PENNSYLVANIA Pennsylvania Housing Finance Agency (PHFA) (QAP 2013) Measure Evidence HOUSING LOCATION: Site and Neighborhood Standards A1. Mandatory Developments that have resulted from or will result
More informationArticle 8: Inclusionary Zoning for Housing
LUDC 2013 GARFIELD COUNTY, COLORADO Article 8: Inclusionary Zoning for Housing ARTICLE 8 INCLUSIONARY ZONING FOR HOUSING TABLE OF CONTENTS DIVISION 1. GENERAL PROVISIONS... 1 8-101. FINDINGS AND PURPOSE....
More informationCotuit Meadows Cotuit, MA 3-Bedroom, 2-Bath Single Family Homes $189,000
Cotuit Meadows Cotuit, MA 3-Bedroom, 2-Bath Single Family Homes $189,000 Cotuit Meadows is a 124-home development built on 50 acres of land located off Falmouth Road (Route 28) at the Barnstable-Mashpee
More informationApplication for Letter of Eligibility. 3. City/Town: Zip Code: Telephone: Fax: Email: Telephone: Fax: Email:
Application for Letter of Eligibility GENERAL INFORMATION 1. Name of Development: 2. Address of Site: 3. City/Town: Zip Code: 4. Development Entity: Name of Principal: Street Address: City/Town: Telephone:
More informationCity of Perris First Time Homebuyer Homebuyer Assistance Program (HAP) Lender Training
City of Perris First Time Homebuyer Homebuyer Assistance Program (HAP) Lender Training 2010 Agenda Staff Introductions HAP Program Summary HAP Program Requirements HAP Program Procedures Becoming an Approved
More informationLogan City. Analysis of Impediments to Fair Housing
Logan City Analysis of Impediments to Fair Housing 2009-13 Consolidated Plan Page 36 of 92 EXECUTIVE SUMMARY Analysis of Impediments The Analysis of Impediments (AI) is a comprehensive review of a jurisdiction
More informationJuly 1, 2015 thru September 30, 2015 Performance Report
Grantee: Grant: Boynton Beach FL B-11-MN-12-0002 July 1 2015 thru September 30 2015 Performance Report 1 Grant Number: B-11-MN-12-0002 Grantee Name: Boynton Beach FL Grant Award Amount: $1168808.00 LOCCS
More informationCITY OF CAMBRIDGE, MASSACHUSETTS. Housing Profile
CITY OF CAMBRIDGE, MASSACHUSETTS Housing Profile Cambridge Community Development Department August 2010 CAMBRIDGE HOUSING MARKET INFORMATION TABLE OF CONTENTS GENERAL INFORMATION 1. 2010 Cambridge Housing
More informationFirst Time Home Buyer Glossary
First Time Home Buyer Glossary For first time home buyers, knowing and understanding the following terms are very important when purchasing your first home. By understanding these terms, you will make
More information2006 Denver Housing Market Analysis
2006 Denver Housing Market Analysis Final Report October 23, 2006 2006 Denver Housing Market Analysis Prepared for Denver Housing Plan Task Force City and County of Denver Enterprise Community Partners
More information