1. Long Term Perspective for a Short Term World

2. One of the World’s Largest Metropolitan Regions Twenty Million Residents and a nearly $1 Trillion Economy A Global Center of Finance, Commerce, Culture and Communications The Tri-State Region New York-New Jersey-Connecticut

3. The region is one of the most diverse places in America, encompassing New York City and hundreds of small and mid-sized cities, suburbs and rural communities.

4. Governance is divided among three states, 31 counties, 800 municipalities and hundreds of special districts and public authorities.

5. Population Brooklyn2,465,326 Bergen884,118 Essex793,633 Hudson608,975 Union522,541 Typical County510,916 Sullivan73,966 Source: Census 2000

7. Hunterdon$79,888 Bergen$65,241 Region $56,100 Union$55,339 Essex$44,944 Hudson$40,293 Bronx$27,611 Median Income Source: Census 2000, Median Income 1999

8. Source: Census 2000

9. Race Source: “One Race” population from Census 2000 Redistricting Data. Please note: these numbers do not represent total population. See final slide in handout for complete breakdown.

10. In 1996, RPA released its Third Regional Plan, A Region at Risk. Quality of Life Equity Environment Economy

11. Five Campaigns from the Third Regional Plan GovernanceMobilityWorkforceCentersGreensward

12. The plan called for: a seamless 21st century mass transit system, creating a three-million acre Greensward network of protected natural resource systems, maintaining half the region’s employment in urban centers, and assisting minority and immigrant communities to fully participate in the economic mainstream.

13. RPA in New Jersey Highlands Mayor’s Institute Transit Oriented Development

14. Housing Goals from RPA’s Third Regional Plan Acceptable housing for all residents regardless of race or income Avoid housing excesses; build what is needed and can be paid for Integrate all housing markets New housing goes in existing centers Reduce the cost of least-cost housing

15. What is “affordable” housing? Housing is affordable when monthly housing costs (including utilities) are covered by 30% of the occupants’ gross monthly income. Special Needs Housing: disabled, elderly, single mothers, homeless Low-moderate income housing: 50% – 80% area median income Middle Class housing: 80% – 120% area median income Source: HUD

16. How much does a 3-person “low income” family earn? Warren$31,100 Hudson$38,300 Union $45,200 Essex $45,200 Bergen$45,200 Fairfield $47,900 Source: HUD 2001

17. People spend more money than they should on housing Businesses are not competitive due to additional labor costs, employee turnover, lost productivity Overcrowding; low vacancy rates Homelessness increases Longer commutes Concentrations of poverty and wealth Exclusionary residential zoning When Affordable Housing is Unattainable …

18. Housing Tenure HomeownersRenters Hunterdon84%16% Bergen67%33% Union62%38% Region53%47% Essex46%54% Hudson31%69% Bronx20%80% Source: Census 2000

19. Housing Cost Burden for Renters Percent of renters who pay more than 35% of their monthly income for rent Ocean County40% Essex County34% Typical County33% Hudson County31% Bergen County31% Union County31% Dutchess25% Source: Census 2000

21. Housing Cost Burden for Owners Percent of Homeowners who pay more than 35% of their income in housing costs Bronx31% Hudson29% Essex24% Bergen23% Region22% Union21% Litchfield17% Source: Census 2000

24. Value of Owned Homes Rank CountyMedian Value #1 New York $361,100 #6Bergen$240,800 #15Essex$188,400 #17Union$185,200 #21Hudson$162,800 #31Sullivan$ 90,400 Source: Census 2000

26. Population with Severe Housing Cost Burden Bergen73,417 Essex71,387 Hudson53,990 Union41,179 Total in metro NJ 529,635 Total in Region 1,888,086

27. * For these purposes, New Jersey includes only the 14 counties in the metropolitan region. Source: Census 2000

28. “Provide Adequate Housing at a Reasonable Cost” NJ State Plan Balance Residential and Other Land Uses Housing Types Housing Tenures Housing Costs

29. Approaching Solutions from RPA’s Third Regional Plan Plan for affordability Use incentives to create low cost housing Use direct subsidies for households Increase the role of private, nonprofit and community based organizations in planning, building and managing housing

30. Plan for affordability Create local and county fair share plans that go beyond COAH requirements Eliminate exclusionary zoning; make affordable housing part of mixed-use development Reduce excessive government regulation and reviews Creates more compact and diverse neighborhoods, more open space can be preserved, deconcentrates poverty and wealth

31. Use Incentives to Create Low Cost Housing Encourage linkage fees and other financial tools enabled by the Fair Housing Act Create Housing Trust Funds, Workforce Housing, etc Expand use of Low Income Housing Tax Credits Creates opportunities for low cost housing in more places, leverages public and private investment for widespread economic development

32. Use Direct Subsidies for Households Property and mortgage interest tax deductions Section 8 vouchers, rental assistance programs, rent control and stabilization HOPE VI and other HUD programs Subsidize operating costs Directly reduces housing cost burden thereby freeing income for the rest of the economy

33. Increase the Role of Private, Nonprofit and Community Based Organizations CDC’s are developers, advocates, service providers Intermediaries fill the gap Employers can contribute expertise Builds strong communities which are necessary to mitigate the many social problems associated with poverty

34. RPA’s Regional Housing Initiative Why did some urban neighborhoods flourish in the 90’s and not others? How can we relate the housing needs of urban and suburban areas? How can the region plan for the housing needs of the future?

35. Population Source: NYMTC 2001

36. Population Source: NYMTC 2001

37. Race – Detail Source: Census 2000 Redistricting Data