USR Opportunity Index A new form-based, user-friendly framework for incentivizing economically stable and socially equitable housing development.

What is Opportunity? Access to economically stable and socially equitable choices in a fair and inclusive marketplace that builds value of American communities. Econ + Social… Individual + Community john powell began the mapping practice for Thompson v. HUD

Why Opportunity? Ending Intergenerational Poverty Investing Strategically, Competitively Part of a Comprehensive Plan Creating QCT Balance (HTC)

The Pilot: 2015 6 Counties 23 Indicators 3 Categories 2 Outputs

Pilot Results: Great! 16 Apps 7 Family 4 Funded $2.8 HTCs Blacklick Crossing Arlington Ridge Ravenna Family Forest City Square Plus two senior funded 16 Apps 7 Family 4 Funded $2.8 HTCs

The Critique “Your map doesn’t match how my neighborhood feels” “The measurements are overly complicated” Academic “The QAP doesn’t use this information appropriately” Developer

USR Opportunity Index Engagement parallel with QAP development Urban and rural focus grouping Extended public comment period

USR Opportunity Index USR Index Opportunity Index Change Index Road Density Urbanized Area Housing Density & Age Population Density Opportunity Index Public Transit Average Commute Auto Access Educational Attainment School Performance Free & Reduced Lunch Gap Closing Entry Level Jobs Workforce Training Unemployment Rate Median Rent Median Home Value Existing LIHTC Food Access Family Poverty Rate Newborn Health Change Index Median Gross Rent Owner Occupancy Rate Vacancy Rate Median House. Income College Attainment Non-White Population Family Poverty

USR Opportunity Index Development patterns vary widely across the state. Not all communities can be compared with one another. Urban, suburban, and small towns, villages and rural areas all possess unique characteristics and opportunities. Access and proximity mean different things in each development pattern.

USR Opportunity Index

USR Opportunity Index MAP LINK

QAP Application Urban Opportunity Housing Pool Increased cost caps Developer fee higher (per unit) 130% Basis Boost Ohio Trust Fund (gap) available Differentiated scoring More favorable market unit underwriting assumption Either high opportunity, or high change trajectory Pool Pairs w. “General Occupancy Urban Housing” pool (also $3 mil), with a revit. Set aside. Non-urban also has 3 set-asides, makes sure there’s sufficient competition SCORING: Example, Concentrated Job Center in lieu of community investment, more focus on school quality, ensuring that local food is affordable (accepts WIC/SNAP/etc). SCORING: Preservation looks at change index, prevent gentrification

Contact Carlie J. Boos 614.644.5650 CBoos@ohiohome.org