1. Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

2. Measuring the Economic Impact of the HTF VHC has retained VCHR Measure Impact from “Round 1” of HTF Full Report by Sept 30 Presentation to Housing Commission Nov. 5

3. Virginia Housing Trust Fund: 2013 Program Allocations

4. The Virginia Housing Trust Fund: 2013

5. Measuring the Economic Impact of the HTF Methodology

6. VA- HTF $ $ $

7. ECONOMIC IMPACT= + Initial impact from HTF investments. + Direct and indirect impact from supply chain activity. + Induced impact from wages to household spending.

8. Measuring the Economic Impact of the HTF: Case Study Crescent Square 80 Unit New Construction SRO Permanent Supportive Housing Virginia Beach Under construction - 1/1/16

9. Measuring the Economic Impact of the HTF: Case Study Crescent Square $11.7 million TDC $9.7million to Virginia enterprises JOBS Initial: 82 jobs w/ combined earnings of $3.8m Direct: 12 jobs Indirect: 2 jobs Induced: 33 jobs

10. Measuring the Economic Impact of the HTF: Case Study Crescent Square TOTAL is 129 jobs $5.9 million in earnings

11. Measuring the Economic Impact of the HTF: Case Study Crescent Square Total Growth in GRP Gross regional product $27.5 million

12. Measuring the Economic Impact of the HTF: 525 Selbon Ave. – Foreclosure Recovery One of 22 rehabs completed by Habitat Located in Richmond Total rehab cost - $54,400 GRP impact $143,898

13. Measuring the Economic Impact of the HTF STAY TUNED!

14. Measuring the Economic Impact of Housing

15. Housing Virginia: SOURCEBOOK