1. Balancing Cost and Quality in Affordable Housing
ANTHONY ZETO, DEPUTY DIRECTOR | CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE (MODERATOR)
NICK ANDERSON, DEVELOPER | DOMINIUM
JEFFREY KITTLE, PRESIDENT AND CHIEF EXECUTIVE OFFICER | HERMAN & KITTLE PROPERTIES, INC.
CADY SCOTT SEABAUGH, VICE PRESIDENT, COMMUNICATIONS AND SUSTAINABILITY| MCCORMACK BARON SALAZAR, INC.
MICHAEL SPOTTS, SENIOR ANALYST, PROJECT MANAGER | ENTERPRISE COMMUNITY PARTNERS, INC.

2. Utility Cost Savings (resident and/or owner) Lifecycle Savings*
Cost/Benefit of thoughtful sustainable building practices
Environmental
Utility Cost Savings (resident and/or owner)
Lifecycle Savings*
More efficient heating and cooling
Mold and water intrusion prevention
Pest prevention
Durable materials
Obvious benefits are environmental and tenant cost savings

3. Plumbing and light fixtures Stormwater Lifecycle analysis of materials
Some lessons on sustainable features
Roofing
Plumbing and light fixtures
Stormwater
Lifecycle analysis of materials
Flat roofs (TPO) = 30 year warranty, green is affordable
Shingles = 30 year warranty, green is costly
Plumbing and light fixtures = green is cost effective
Major cost increases in stormwater control mandated by sewer districts and consent decrees
Lifecycle analysis of materials gives great insight – durability, quality, looks

4. Lifecycle cost analysis
Initial Cost $/sq.ft
20-year cost $/sq ft
Carpet Sheet (including pad)
$2.75
$23.17
Vinyl Plank
$3.75
$9.35
Linoleum Sheet
$4.25
$10.57
Carpet Square
$6.00
$50.33
Wood (Engineered laminate)
$10.48
Ceramic/Porcelain Tile
$6.50
$12.32
Linoleum Tile
$16.13
Wood (Solid, prefinished)
$8.00
$15.16
Bamboo
$9.00
$17.04

5. Evaluation methods: incentives and context matter

6. NHT Analysis: Opportunity indicators in QAPs by state (August 2015)
Source: research, chart by National Housing Trust

7. MN Housing Finance Agency’s multifaceted approach
Process, policy, and innovation: Comprehensive approach needed
MN Housing Finance Agency’s multifaceted approach
Data, evaluation and reporting
Consolidated funding application
Multifamily Remodel Project
Predictive cost model, “blind bid approach”
MN Challenge to Lower the Cost of Affordable Housing

8. Balancing Cost and Quality in Affordable Housing
ANTHONY ZETO, DEPUTY DIRECTOR | CALIFORNIA TAX CREDIT ALLOCATION COMMITTEE (MODERATOR)
NICK ANDERSON, DEVELOPER | DOMINIUM
JEFFREY KITTLE, PRESIDENT AND CHIEF EXECUTIVE OFFICER | HERMAN & KITTLE PROPERTIES, INC.
CADY SCOTT SEABAUGH, VICE PRESIDENT, COMMUNICATIONS AND SUSTAINABILITY| MCCORMACK BARON SALAZAR, INC.
MICHAEL SPOTTS, SENIOR ANALYST, PROJECT MANAGER | ENTERPRISE COMMUNITY PARTNERS, INC.