1 / 17

March 16, 2010

Creating Community-Driven Projects Utah’s Pilot Program Mike Glenn Utah Division of Housing and Community Development (DHCD). March 16, 2010. Purpose of the Program:. Support community-based projects rising from local affordable housing plans.

wesley-rush
Télécharger la présentation

March 16, 2010

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. Creating Community-Driven ProjectsUtah’s Pilot ProgramMike GlennUtah Division of Housing and Community Development(DHCD) March 16, 2010

  2. Purpose of the Program: Support community-based projects rising from local affordable housing plans

  3. It’s All About Relationships!Sample: West Jordan Senior Project

  4. 1. Role of the State (DHCD) & TA Provider • Technical Assistance (TA) for local housing plans • Required since 1996 (per 10-9a-103, 403, and 408 and 17-27a-408) • Cities >1,000 and counties >25,000 • Plans adopted under local General Plans • Train the Trainer (area planners) • Roll-up to area and state Consolidated Plans • Review local housing plans for “quality control” • $2.8 million HOME set-aside (1st year) • TA on housing development process • Facilitate partnering for each project

  5. It’s All About Relationships!Sample: West Jordan Senior Project

  6. 2. Role of Local Area Planners • Train local officials in Utah Housing Planning Software and plan preparation • Assist with data gathering and area priorities • Roll up local data to area consolidated plans • Facilitate Envision Utah concepts (http://envisionutah.org)

  7. Utah Housing Planning Software(Sponsored by Lotus Community Development Institute, Inc. and Morgan Stanley Bank)

  8. It’s All About Relationships!Sample: West Jordan Senior Project

  9. 3. Role of Municipal Planners • Coordinate within municipal departments and with officials for housing plan development and project priorities • Finalize local affordable housing plan • Oversee plan adoption process • Select developer – issue development agreement • Work with developer partnership on funding applications • Facilitate support (fee waivers, zoning, etc.)

  10. It’s All About Relationships!Sample: West Jordan Senior Project

  11. 4. Role of Developer Partnership • Work with the community to select a site • Acquire land • Prepare cost estimates • Solicit funding from funding partners (LIHTC, HOME allocation, other HUD, etc.) • Oversee all project design, development, and construction processes • Own and manage property • Insure long-term compliance

  12. It’s All About Relationships!Sample: West Jordan Senior Project

  13. 5. Role of Local RDA/EDA Officials • Recommend allocation of housing set-aside funds from EDA/RDA development areas as tax increment financing • $300,000 for West Jordan Senior Project • Facilitate community support

  14. It’s All About Relationships!Sample: West Jordan Senior Project

  15. 6. Other Financial Partners (banks, LIHTC agency, etc.) • Banking partner provides CRA-based financing – low interest loan • Utah Housing Corporation allocates 9% credits • Salt Lake County (PJ) allocates other HOME funds • Utility rebates support ENERGY STAR qualifying features

  16. Summary • Support community-based projects rising from local affordable housing plans • “Reward” communities who take affordable housing seriously • Encourage detailed implementation strategies and prioritized local funding contributions • Better integrate financial resources for project developments (HOME, RDA & EDA set-aside funds, CDBG, etc.) • Establish a competitive environment for developers • Develop relationships between communities and area planners • Build Utah’s housing capacity (more targeted multifamily housing units based on demand modeling) • Allows Utah’s trust fund board to be proactive in the community housing development process

  17. “Make a Difference - Make Things Better”Mike Glenn 801-538-8666mikeglenn@utah.govMarci Milligan (Lotus) 801-509-1289info@lotuscdi.org

More Related