1. Prepared for the VT Affordable Housing Coalition, 2/8/2012 Leslie Black-Plumeau Vermont Housing Finance Agency

2. HUD’s Sustainable Communities Grant Program - Mission To create strong, sustainable communities by connecting housing to jobs, fostering local innovation, and helping to build a clean energy economy. Chittenden County ECOS Project

3. Background: HUD’s Sustainable Communities Grant Program ECOS project in Chittenden County Other VT projects : Burlington’s waterfront and downtown areas Two Rivers-Ottauquechee to begin in 2012 Northwest Vermont to begin in 2012 Chittenden County ECOS Project

4. ECOS project phases Chittenden County ECOS Project GoalsAnalysisIndicatorsImplementation PrioritiesImplementation Actions

5. Analysis reports finalized Chittenden County ECOS Project HousingEconomic Land use and transportation Natural resources EnergyPublic health

6. Housing analysis scope Housing choice fairnessHousing affordabilityCharacteristics and location of homesGrowth of housing stock Chittenden County ECOS Project

7. Housing choice 500 people homeless during last 1-night count, illustrating problems in both access to housing and housing affordability. Growing populations of non-white residents and single-parent families, but they’re more likely to experience poverty and less likely to become homeowners. Chittenden County ECOS Project

8. Growing population of non-whites Chittenden County ECOS Project

9. Housing choice: Homeownership rate by race Chittenden County ECOS Project

10. Affordability Chittenden County ECOS Project

11. Building Features: Year built Chittenden County ECOS Project Widespread use of lead paint, out-dated heating systems, built prior to ADA

12. Location: Housing Chittenden’s workforce Where do Chittenden workers live? 68% Chittenden 8% Franklin 5% Washington 5% Addison Housing costs are a problem for surveyed employers Turnover costs: $13,700 Employers lost an average of 2.46 recruits during the past 3 years due to housing.

13. Location: Percentage of workers commuting 25+ miles Chittenden County ECOS Project

14. Location Except for in Burlington, Winooski and a few other areas, average working resident spends more than 45% of income for housing and transportation. Less than 45% 45% and Greater Chittenden County ECOS Project

15. Growth, 2010-2015 Modest expected pop. growth and rental demand will likely require stepping up rental housing production. Will need roughly 200 more rental homes per year to meet demand—about 40-50 more than created in prior years. Enough owned homes already in planning. Chittenden County ECOS Project

16. Housing Needs Assessment reports www.vhfa.org/resources/publications Or email request to Lblack-Plumeau@vhfa.org Chittenden County ECOS Project

17. ECOS project phases Chittenden County ECOS Project GoalsAnalysisIndicators (Current phase)Implementation PrioritiesImplementation Actions

18. Measuring success Two ways to help set measures of progress in Chittenden County: 1. Public meeting on housing indicators at VHFA’s offices (164 St. Paul Street, Burlington) on Thursday, Feb. 16 th, 2-4pm. 2. Provide written comments on draft indicators on-line: http://ecosproject.com/indicator-repor t Chittenden County ECOS Project