East Central Florida Sustainable Communities Regional Planning Grant Affordable Housing Group Bill O’Dell Shimberg Center for Housing Studies 7 April 2014.

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Presentation transcript:

East Central Florida Sustainable Communities Regional Planning Grant Affordable Housing Group Bill O’Dell Shimberg Center for Housing Studies 7 April 2014

Most assisted housing tenants drive to work  84% report driving  10% take transit  6% travel another way

Tenant characteristics affect transit use  Use of public transit to work increases to 16-20% for:  Households with income <=$10,000/year  Tenants receiving Section 8 rent assistance (project- or tenant-based)  Households with at least one person age 62 or older  “Other” modes also increase, to 10-15%  Driving drops to 65-75%

Location also affects transit use  Use of public transit increases to 20-24% for:  Units with job access score  Units with total transit access score

Orange areas: High driving costs Little or no transit accessibility to jobs

Zooming In: Improving transit access in Lake Mary, Sanford station areas can lead to lower travel costs, more accessibility to job centers for residents

Most assisted rental housing is located in southern 2/3 of SunRail station areas

Clusters of housing based on transit accessibility to jobs, fair housing/economic opportunity Transit access and opportunity can complement, conflict (Southern Stations)

Strategies High access/high opportunity areas: affordable housing development & preservation Low access/high opportunity areas: improve transit access High access/low opportunity areas: economic diversification (North Central Stations)

East Town Center Concept Plan Area – Altamonte Springs Station Workforce Housing Demand (based on walking distance meter buffer)

Framing sustainability in the 3 'Es': Equity, Environment, and Economy: HUD, DOT, EPA, (DOE)

Key Principles for Transit and Equity  Build “places” adjacent to transit stations that are inclusive of all residents across the opportunity spectrum.  Ensure that there is a community benefit(s) that is measurable relative to employment, public assets and services and affordable housing.  Prevent displacement of current, marginalized residents who wish to remain in their communities.  Maintain and encourage affordable housing  New land uses around station development should encourage economic development that provides benefits in terms of jobs and opportunities for local (and all) residents.  Encourage institutional commitment to equity from members of the Consortium, local municipalities, and transportation planning agencies and service providers. Housing located far from transit places a heavy financial burden on working families. Transit service accessible to low- and moderate-income families can mean much needed cost savings. On average, working families spend 57 percent of their incomes on housing and transportation. Families who live near transit spend just 9 percent of their income on transportation, while those who live in auto-dependent neighborhoods spend an average of 25 percent of income on transportation. (Center for Housing Policy and Center for Transit-Oriented Development)

Northeastern Illinois Housing Endorsement Criteria  Promote Economic Development and Sustainability to reduce the mismatch between where jobs are and where workers can afford to live…  Encourage an Array of Quality Options throughout the Region  Support Innovative Community Development and Design  Provide for Mixed Uses within a Neighborhood  Minimize Cost of Municipal Services by clustering housing near existing infrastructure  Promote the Use of Public Transit…Housing, together with commercial space and public amenities should be planned for, and built first, within walking distance of existing or planned transit service…

Potential Strategies  Prevent displacement via regulation  Preserve transit-oriented development (TOD)-appropriate affordable housing  Increase affordable homeownership opportunities  Promote affordable housing development  Preserve affordable housing development opportunities  Reduce the cost of housing production  Leverage market-rate development  Promote transit amongst low-income populations  Site public facility investments in station area  The most important strategies for inner city sites:  Preserve existing project-based Section 8 and other subsidized housing  Prevent displacement via regulation  Reduce the cost of developing mixed-income housing

Tools to Implement Strategies  Options for Financing Affordable Housing Near Transit-Oriented Development  Public Land Disposition Plan  Land Banking Funds  Parking Regulations  Linkage Fees  Joint Public/Private Development  Infill Development or Redevelopment in Transit Zones  Tax Increment Financing  Fast-track permitting  Fee waivers, reductions, and deferrals  Regulatory accommodation for small sites  Tax forgiveness for back taxes on affordable housing sites

Florida Housing Finance Universal Application Cycle 11