1. House/Neighborhood Improvements on Olive Court
December, 21, 2017
Why Habitat Substantially Over-improves Rehab Homes

2. Introduction

3. 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

4. Value No city administrative costs Capital up front
Quality Construction
Energy Efficiencies
Long term owner occupancy

5. Respect Neighborhood
Neighborhood Context
Scale
Connectivity

6. Respect Neighborhood

7. Respect Neighborhood

8. Respect Neighborhood

9. Respect Neighborhood

10. Respect Neighborhood

11. Respect Neighborhood

12. Respect Neighborhood

13. Track Record High Assessed Value compared to comparatives
Increased Property Values
Quick Occupancy
Experience selling homes in the open market

14. 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.

15. Track Record
Valley View Dr. Coralville (sold for $150,000 to a Veteran (had 10 raccoons living in it!!) 28K more than other half

16. Track Record
New Homes the past two years Habitat has built (dedicated last Sunday in SE Iowa City). Will sell for $191,000.

17. Track Record
Two Women Build homes on Sierra Park Dr. Hills, IA (2017) Selling for $190,000 each half

18. Track Record
Tippie/UICCU Build on 5th Ave, Coralville in 2017

19. Track Record
One of two Women Build homes on Prairie du Chien (2017, 2016)

20. Project Mission
Build Stronger Neighborhoods that help stabilize the entire community
Social Equity
Perpetuate funds for affordable housing