1. An Affordable Continuum of Housing… Key to a Better City Coalition for Nonprofit Housing & Economic Development (CNHED) July 15, 2010 Continuum of Housing Report Release and Campaign Kickoff

2. What’s in the Paper Chapter I Our City, Neighborhoods and the Housing Continuum Chapter II Affordable Housing and Housing Cost Burden Chapter III Housing Types in the District’s Housing Continuum Chapter IV Neighborhoods of Opportunity – Three Profiles - Columbia Heights - Congress Heights - Ivy City Chapter V Policy Framework and Recommendations

3. Public Policy Framework The Recommendations (Chapter V) are set in an overall public policy framework for: - allocation of program resources - improvement of operations The Framework is built on three strategically linked components: - creating Neighborhoods of Opportunity - developing and Sustaining the Continuum of Affordable Housing - engaging the Network of Public and Private Resource Partners

4. Neighborhoods of Opportunity District’s Comprehensive Plan – Critical Neighborhood Housing Issues: Ensuring housing affordability Fostering housing production Conserving existing housing stock Promoting home ownership Housing for residents with special needs

5. Defining the Housing Continuum Two Key Variables: Household Income Housing Type

6. Figure 1. Continuum of Household Income Groups

7. Housing Types Related to Household Income 3 Primary Types Supportive Rental Housing (with essential resident supportive services) Rental Housing (without supportive services) Homeownership

8. Figure 2. Continuum of Household Types by Household Income

9. Housing Cost Burden in the District Threshold Definition (basis for housing assistance program eligibility) Burdened - Monthly Housing Costs(MHC) greater than 30 percent of Gross Household Income (GHI) Severely Burdened - MHC greater than 50 percent of GHI

10. Figure 5. District of Columbia Distribution of Housing Cost Burden Total Households Spending More than 30% of Income for Housing: 98,400

11. Distribution of Housing Subsidies to Address “Burden” and Incentivize Investment Two Basic Methods of Subsidizing Housing: Direct Government Outlays for Housing Assistance Programs Indirect Tax Subsidies

12. Figure 4. Housing Subsidy Distribution by Income Quintile in US - 2004

13. District’s Continuum of Affordable Housing Related to Program Eligibility Limits Basic Types of Assisted Housing: Supportive Housing Assisted Rental Housing Assisted Homeownership

14. Figure 6. District of Columbia Continuum of Affordable Housing Related to Income Eligibility Limits

15. Recommendations 1.Adopt and Use the Public Policy Framework to: Develop & Sustain Continuum of Housing Create & Maintain Neighborhoods of Opportunity Engage the Network of Public/Private Partners 2.Increase Resources for Housing Continuum 3.Strengthen Locally Funded Program Tools 4.Improve Practices and Processes

16. Increase Resources for Housing Continuum Comprehensive Housing Strategy Task Force Recommended Funding Level - $255 M ($4.26) Current FY 2010 Funding Level - $80 M ($1.33)

17. Figure 7. Share per $100 of the DC Locally Funded Budget – FY 2010

18. Strengthen Locally Funded Program Tools- Resources Housing Production Trust Fund First Right Purchase Assistance Program Local Rent Supplement Program Home Purchase Assistance Program Housing First Fund

19. Table 4. Proposed 5-Year Budget Increases for Affordable Housing ($ millions)

20. Strengthen Locally Funded Program Tools - Process HPTF Honor Commitment to Stabilize FRPAP Enable Tenant Ownership; Revisit Regulations With Lenders LRSP Simultaneous Awards; Steady Funding HPAP Stability of Funding HFF Coordinated Production Plan; Consolidated RFP

21. Improve Practices & Process Implement Comprehensive Housing Strategy Task Force Recommendations Improve Financing Practices * Interagency Coordination * Role of Public Financing * Streamline Financing & Payments Increase Transparency Modify Homeownership Programs

22. An Affordable Continuum of Housing… Key to a Better City