El Monte Veterans Village Project City of El Monte, CA 2013.

Slides:

Advertisements

Similar presentations

Lucas Place II “BAQ” Permanent Supportive Housing for

Advertisements

By Kiana Condomitti And Blanca Guterrez. Main Address: 110 Sproul Hall Berkeley, CA (510) The City of Berkeley is an urbanized community.

Financing Housing with New Markets Tax Credits February 21, 2008.

SIERRA CLUB MARYLAND COOL CITIES WORKSHOP JUNE 27, 2009.

1 MORTGAGE SYMPOSIUM June 30, 2009 ECCB 5.30 p.m.

Housing Market Update May 24, 2011 Wayne Yamano, Vice President 1.

*changing lives and building neighborhoods responsibly.

Presentation to the Orange County Business Council March 31, 2014.

October 21, 2011 Housing + Transit Conference, Austin Aaron Miripol, Urban Land Conservancy October 21, 2011.

Our mission is to acquire, develop, and preserve community assets in urban areas for a variety of community needs such as schools, affordable housing,

400 North Orange Avenue Orlando, FL

Housing Solutions: The Low Income Housing Tax Credit (LIHTC) Program Robin Ambroz Deputy Director of Programs Nebraska Investment Finance Authority.

City of North Liberty North Liberty Area Development Corporation University of Iowa Community Credit Union Economic Development Partnership Project October.

The Obama Administrations Public Housing and Rental Assistance Agenda.

Annual Action Plan ( Fourth Year of the Five-Year Consolidated Plan) The City expects to receive approximately $2.5 million in entitlement funds.

1 Prairie Metropolis Centre Symposium January 23, 2009 Line Porfon, Executive Director, Policy and Urban Affairs Lora Pillipow, Director, Strategic Policy.

DMMHA Replacement Housing Proposal Presentation on Proposed Replacement Housing Factor Fund October 25, 2010.

Project Overview The Ice Tower Ice Tower Corporation S.A. Feb 2007.

 Created by City Council in October Original purpose of the fund: To support housing opportunities for workforce families. $600,000 fund.  On.

 Built in 2007 – First PSH in Utah  100% Low Income Housing Tax Credits $10,742,631 Total Project Cost  $700,000 Cash Flow Loan from Salt Lake City.

Southern California Association of Governments Where Will Our Children Live? Darin Chidsey Member Relations Officer Growth, Change and Rising Prices.

Issues Concerning the Homeless Community in Ventura County.

 Dale Gravett: Executive Director, Housing Authority of Chester County  Jane Downing: Senior Program Officer, Pittsburgh Foundation  Tricia Bradley:

CHICO 101. Where is California? Do you know? What is the most beautiful city in CA? ◦ San Francisco Which city is the state capital? ◦ Sacramento What.

Wheeling Stamping Building and Stone Center Wheeling, WV Regional Economic Development Partnership PO Box 1029 Wheeling, WV /

AFL-CIO Investment Program presents to Regional Roundtable On Public Pension Funds and Targeted Investing Federal Reserve Bank of Boston Boston, Massachusetts.

Heading Home Hennepin: The Ten-Year Plan to End Homelessness in Minneapolis and Hennepin County Presented by: the Hennepin County and City of Minneapolis.

Creating Affordable Housing with the Housing Initiative Fund Elizabeth B. Davison, Director Department of Housing and Community Affairs.

DETERMINING WHERE IS AFFORDABLE SENIOR HOUSING MOST NEEDED WITHIN CALIFORNIA? Affordable Senior Housing By: Luis A. Topete PP M224A Winter 2011 Image Source:

Fannie Mae’s Housing Development Tool Investing with Public Partners to Support Housing Presented by Maria Day-Marshall March 2008.

Affordable Housing Delivery: Demographics and a Rationale for Action Affordable Housing Delivery: Demographics and a Rationale for Action Presented to.

Creating Community-Driven Projects Utah’s Pilot Program Mike Glenn Utah Division of Housing and Community Development (DHCD) March 16, 2010.

Blue Ridge Cohousing Real Estate Investment Opportunity September 9, 2009.

Housing in Silicon Valley. Overview 1.What is Silicon Valley? 2.Why is the business community engaged in housing? 3.What have we done? 4.What’s on the.

1. STRATEGY: IMPROVE SERVICES STRUCTURE & PROCESS Move all single adult services to one campus for rehabilitation. (240 beds) out of commercial/residential.

Gap Financing Tools for Affordable Housing A presentation to the Virginia Housing Coalition Housing Credit Conference September 5, 2013 VHC Sept

Smart Growth in the Central Valley Steve Pinkerton – City Manager City of Manteca CALAFCO Annual Conference October 30, 2009.

Housing Authority FIRST Preston Prince, CEO/Executive Director Fresno Housing Authority Senior Vice President, NAHRO May 22, 2012.

Community Stabilization in the Wake of the Foreclosure Crisis Ali Solis, Vice President, Public Policy & Industry Relations Enterprise Community Partners.

MERCEDES MARQUEZ GENERAL MANAGER LOS ANGELES HOUSING DEPARTMENT Senate Transportation and Housing Committee Informational Hearing SB 1024 December 13,

Housing Models: Multifamily Elevator Apartments. Multifamily Elevator Apartments.

Good things are happening in Durham! The Denson Apartments Supportive Housing for Homeless Veterans Durham is the 4 th largest city in North Carolina.

Carver Park and Ride Carver County CDA request for assistance June 4, 2013 Workshop Carver County Board Workshop.

Victory Place: This Phoenix, Arizona facility opened in December This facility has 32 units of housing contained in over 15,000 square feet and provides.

The Peaks at Chapin Resource Housing Group, Inc. Chase Northcutt.

TOD University (2013) Housing 101. TOD University: Housing 101 Part 1 How much housing do we need?

City of San Bernardino Access Center. Testimonial: Samantha’s Story Samantha first became homeless after giving birth to her son, Jonathan. Prior to this.

Housing & Career Services Department Finance Committee Nehemiah Court HUD Repayment William Huang March 14, 2016.

RSO BUILDING BLOCKS Educational Series AFFORDABLE HOUSING WAITLISTS How to be Included and Tips on Being “Tenant Ready” City of West Hollywood - Rent Stabilization.

Revolving Loan Fund Department of Toxic Substances Control Brownfields and Environmental Restoration Program Stewart W. Black Acting Deputy Director Brownfields.

ABC’S OF HOUSING Florida Supportive Housing Coalition Fundamentals of Supportive Housing April 4, 2016 abilityhousing.org.

All The Way Home Campaign Ending Veteran Homelessness by Veteran’s Day 2018.

All The Way Home Campaign Ending Veteran Homelessness by Veteran’s Day 2018.

Service Provider to Housing Developer

Retirement Community Miramichi, NB.

Micro Enterprise Grant Program

Project Summary: —EAST AUSTIN

District of Columbia Housing Authority

Housing & Career Services Department FY 2019 Recommended Budget

San Diego Housing Commission Final Bond Authorization for West Park

NAVIGATING THE RAD PROCESS

Proposed Housing trust fund loan

Affordable Housing in East King County

Overview of the Market for Affordable or Assisted Housing

Gainesville’s Affordable Housing Needs

Agenda What does the Office of Housing do?

THE LINDLEY: Innovative Financing, Multifamily Excellence

“Creating Financial Solutions to address Community Needs”

Example of Public Private Partnership

Presentation transcript:

El Monte Veterans Village Project City of El Monte, CA 2013

Discussion Points Regional Veterans Housing Profile Need for Veterans Housing Project Description Conceptual Design Site Amenities Programmatic Services Developer Profile Development Disposition Agreement Progress/Grand Opening Q&A

Regional Veterans Housing Profile Los Angeles County has the largest population of military veterans in the nation More than 8,000 homeless veterans live in Los Angeles County Estimated that 400 homeless veterans reside in San Gabriel Valley

Need for Veterans Housing Many current and returning veterans will be coming home Veterans housing is primarily transitional in nature. Private housing solutions do not provide wrap around services Meets City’s Housing Element and Consolidated Plan goals and objectives

Project Description MERCY HOUSING VETERANS HOUSING PROJECTS # of Units41 one-bedroom studios apts. Unit SizeApprox sq. ft. Building Height3 stories/approx. 36 ft. On-Site Support ServicesYes Property Manager Yes / 1 unit Parking41 stalls (16 covered/25 surface)

Conceptual Design Street view from Stewart Street

Conceptual Design Site Plan

Site Amenities VFW Hall El Monte City Hall MTA Bus Station El Monte Valley Mall El Monte Metrolink Station Northgate Market 99 cents Only Store El Monte Adult School Smart & Final El Monte City Hall Auto Zone Auto Parts Local Banks MTA Bus Stop #190 Foothill Trans. Bus Stop #488 Santa Monica (10) Fwy Central San Gabriel Valley Work Source Center

Programmatic Services New Directions Case Management Services Vocational Support Computer/Technology Training Family Reunification Legal Services Transportation Support Job Training

Financing Sources VASH Vouchers Tax Credit Equity (TCAC) City of Industry Housing Funds Affordable Housing Program HUD/City HOME Funding

Mercy Housing Developments Boulevard Court - Sacramento, CA

Mercy Housing Developments Johnston Center Residences - Milwaukee

Mercy Housing Developments Westbrook Plaza, San Francisco, CA

Developer Profile – Mercy Housing Founded in 1981 by the Sisters of Mercy Over 20 years of experience One of the largest workforce housing developers in the State Created over 7,000 multifamily housing units and 3,000 single family homes Partnered with over 85 cities Contact Ed Holder: (213)

Development Disposition Agreement Deal Points: Loan Term - 55 years at 0% interest per annum $50k in Predevelopment Costs Loan Amount - $411,224 in HOME funds Land disposition to Developer for $825,000

Construction Progress 80% Complete Grand Opening: March 12, 2014 (10:00am)

Questions?