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Published byΦιλομήνα Δασκαλόπουλος Modified over 6 years ago
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House/Neighborhood Improvements on Olive Court
December, 21, 2017 Why Habitat Substantially Over-improves Rehab Homes
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Introduction
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Objectives How we will bring a better value
How we will respect the existing neighborhood Our past track record of projects proves our ability to perform Our Mission
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Value No city administrative costs Capital up front
Quality Construction Energy Efficiencies Long term owner occupancy
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Respect Neighborhood Neighborhood Context Scale Connectivity
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Respect Neighborhood
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Respect Neighborhood
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Respect Neighborhood
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Respect Neighborhood
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Respect Neighborhood
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Respect Neighborhood
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Respect Neighborhood
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Track Record High Assessed Value compared to comparatives
Increased Property Values Quick Occupancy Experience selling homes in the open market
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Track Record Two Homes Habitat has Rehabbed in (see letter from City staff). Both homes had been abandoned for at least 4 years. This one is across from an elementary school and sold for $160,000.
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Track Record Valley View Dr. Coralville (sold for $150,000 to a Veteran (had 10 raccoons living in it!!) 28K more than other half
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Track Record New Homes the past two years Habitat has built (dedicated last Sunday in SE Iowa City). Will sell for $191,000.
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Track Record Two Women Build homes on Sierra Park Dr. Hills, IA (2017) Selling for $190,000 each half
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Track Record Tippie/UICCU Build on 5th Ave, Coralville in 2017
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Track Record One of two Women Build homes on Prairie du Chien (2017, 2016)
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Project Mission Build Stronger Neighborhoods that help stabilize the entire community Social Equity Perpetuate funds for affordable housing
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