1 / 15

Arlington County

Arlington County. The State of Affordable Housing. Looking Back, Moving Forward. May 15, 2013. Accomplishments 2012 through April 2013. The Shell – 83 Planned Affordable Units. Housing Assistance Program. Housing Choice Voucher 1,383 HH in March 2013 Housing Grants

cricket
Télécharger la présentation

Arlington County

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Arlington County The State of Affordable Housing Looking Back, Moving Forward May 15, 2013

  2. Accomplishments 2012 through April 2013 The Shell – 83 Planned Affordable Units

  3. Housing Assistance Program • Housing Choice Voucher • 1,383 HH in March 2013 • Housing Grants • 1,200 HH in March 2013 (9% growth FY11-12) • Homelessness Prevention and Rapid Re-housing Program (HPRP) • 198 households in 2012 • 98% of prevention households served maintained stable housing after 6 months

  4. Housing Assistance Program • Permanent Supportive Housing (PSH) • County is more than half-way to achieving goal of 425 PSH units • The 277 PSH units include: • 214 units occupied (including 34 units provided by non-profits) • 33 units available • 30 units in the pipeline (2014 delivery) • 90% of PSH served between 2004-2012 remain housed • Arlington 100 Homes Campaign • 153 Homeless people surveyed in 2011 • Campaign on-target to meet goal of housing 100 people in 3-years

  5. FY 2014 Housing Budget TOTAL BUDGET = $55.1 million

  6. AHIF – The County’s Workhorse • Low interest loans • FY 2014 allocation = $12.5 million

  7. AHIF Funds Appropriated by County Board

  8. AHIF FY 2012 Components • Total = $17.3M

  9. Other Funding Resources • Community Development Block Grant • ~$1.2 million • HOME Investment Partnership • ~$500,000 • Low Income Housing Tax Credits • Private Financing/Leveraging

  10. Developing New Tools • New Neighborhoods Area Form-Based Code with Affordable Housing Requirement • 20% to 35% percent of net new units affordable to households earning between 40 % to 80% (AMI). • Percentage of units required increases with density

  11. Developing New Tools • Columbia Pike Financial Tools • Partial Tax Exemptions • New Tax Classification • Tax Increment Public Infrastructure Financing (TIPIF) • Tax Increment Financing (TIF) • “TOD Infrastructure Fund” • Assistance Mechanism for Site Work/Infrastructure • New Loan Program • Pooled Equity Program

  12. Affordable Housing Study • Element of Comprehensive Plan • Priorities based on current & anticipated needs • Recommendations to improve existing policies and programs • New policy recommendations • Revised principles, goals and targets

  13. Future Challenges • Demographics In-migration of 20-29 yrs = increased demand for 1-br/ efficiencies • Federal outlook (?) • CAFS are expensive • VHDA cost limits • Concern about density

  14. Future Opportunities • Increased support for affordable housing • Pipeline partner projects • Pipeline site plan projects • 10 active projects in process as of May 1, 2013 • Affordable Housing Ordinance contributions and bonus density/GLUP change negotiations • New Tools • Columbia Pike Form Based Code • Columbia Pike Financial Tools • Affordable Housing Study

More Related