RRHA and Affordable Housing

PRESENTATION to the
EAST DISTRICT NEIGHBORHOOD ROUNDTABLE
RRHA and Affordable Housing
Anthony Scott
Executive Director
April 16, 2007
1
An Overview . . .
RRHA serves the City of Richmond by advancing or providing:
•
•
•
Neighborhood revitalization and community development
Affordable housing; Information and referral for families
Economic and business opportunities
Highly Regulated Environment
•
US Department of Housing and Urban Development
Federal, state and city funding
•71% Federal Fund
•13.5% City Funds
•12.5% Rental Income
•3%
Other
.
($67.5m)
•Approximately 4,100 public housing units
•Approximately 2,900 Housing Choice Voucher
participating families
Demographic Overview – Public Housing
Demographic Overview - HCVP
•Total Population – 9,449
•Total Children - 4,936 (52%)
•Total Elderly 1,131 (12%)
- Total Families - 2,900
•Average Income - $9,638
•Average Rent - $196.
•Households employed -28%
- Average Income -$11,458
- Average Rent -$186.
- Average Assistance Payment-$498
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3
CHALLENGES …..Reduction
…..Reduction in Funding • Nationally, $252 million decrease for Public Housing
Capital Funds….
• PHAs were funded at 82% of actual budgets in FY
2006
• Projections for FY 2007 are averaging 83 % funding
level for public housing operating subsidies.
4
Going Forward!
OPPORTUNITIES for
REVITALIZATION and
HOUSING!
Taking a new direction
¾Embracing a Business Approach
– Utilizing private sector ‘know-how’ ; ‘Best
Practices’. Strategic use of public funds as
catalyst for investment in revitalized
neighborhoods.
¾Ending the concentration of
poverty – Developing vibrant, mixed-use,
mixed-income communities. Ending
isolation of communities.
¾Community Building – Creating
dynamic partnerships: housing,
recreation, services, private industry.
5
RRHA’s Strategic Planning Process
Launched Nov. 2004
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Phase I
Where are we now?
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Phase IV
Implementing it!
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Where do we want
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Phase III
will we get there?
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STAKEHOLDERS MEETINGS
RESIDENTS’ VISION for the FUTURE
•A mix of housing and services:
grocery stores, recreation, churches
•Safe, clean communities
•Green space: plants, trees, flowers
•Mixed housing: single family homes,
townhouses, apartments
•Diverse: youth, seniors, families, disabled,
mixed-income
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STAKEHOLDER MEETINGS
RESIDENTS
And Non
Residents
Vision for the
Future
•
Safe and secure
•
YIMBY
•
Regional transportation linking
housing, jobs, services
•
“Universal design” communities
•
Regional incentives creating mixedincome communities
•
Voucher holders dispersed
regionally
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STAKEHOLDER MEETINGS
Number Held
Number of
Participants
Resident focus groups
10
287
Non-resident focus groups
(Neighborhood Teams; RCDA;
JASIP; Pioneers)
5
53
Staff focus groups
3
54
Presentations
(LMR; Homeless Prevention
ED’s; United Way; Old South
Association; Downtown
Association; Gilpin Initiative)
8
161
Type of Meeting
Section 3 (HUD) participation
TOTAL
6 residents
26
555
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STRATEGIC PLAN PROCESS (con’t)
9Conduct market study to determine
the market value and financial viability
of RRHA properties
9Conduct physical needs assessment
to determine condition and capital
needs for RRHA properties
9 Conduct physical needs assessment
to aid development of 5, 10, 20-year
plans
9Provide a database with analysis and
estimation capabilities
9Develop thorough financial plans for
RRHA
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RRHA Five-Year Strategic Plan Goals:
Goal #1 – Revitalized Residential and Commercial
Communities. Create healthy and stable communities.
Goal #2 – Economic Opportunities.
Foster and create business and Investment opportunities
Goal #3- Efficiency and Fiscal Responsibility.
A responsible steward of financial and
programmatic operations
Our Vision…
An innovative
Leader creating
dynamic
partnerships that
build vibrant
communities.
Goal #4 - Quality Customer Service.
To provide courteous, competent and timely service.
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RRHA Strategic Plan
Phase I Implementation
2006-2007
12
Phase I Implementation Projects
9Neighborhood Housing Initiative
Workforce Housing initiative
9Public Housing - Multi-Family
Redevelopment- Dove Court Redevelopment
9Public Housing - Multi-Family RehabBainbridge and Oscar Stovall Apartments
9Public Housing Elderly Bldg. –
2700 Idlewood Avenue
9Jackson Place
9Infill Lot Sales
9Loan Portfolio
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Workforce Housing
AMI
30%
Income
$19,800
Rents
$495
Purchase
$63,000/$78K
50%
$35,000
$875
$106,000/$137K
80%
$52,800
$1320
$161,000/$209K
TI= $100, $200, $300
City of Richmond’s MI= $35,000
Currently, RRHA serves families below
the 30th percentile range of the
Area Median Income (AMI)
What is
affordable?
Source: 2006 US Census Data, Virginia Economic Development Partnership
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NEIGHBORHOOD HOUSING - Workforce Housing
(Public Housing Used House)
Goal: Sell 14 Homes by December 2007
Action Items:
ƒDetermine Project Scope (Dec 2005)
ƒHUD Training (Dec 2005)
ƒMeet w/HUD (Jan 2006)
ƒMeet with Residents (April 2006- Ongoing)
ƒAnnual Plan Approval (July 2006)
ƒRRHA Board Approval (Oct 2006)
ƒApply to HUD (Dec 2006)
ƒHUD Approval (Spring 2007)
ƒSales and Marketing (Spring - Fall 2007)
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Units
Income
136
30%-Market
188
50%-Market
50
60%- Market
8
80%
110
Market
492
Total
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Public Housing Multi-Family Redevelopment
Goal: Redevelop Existing Public Housing by
September 2008
Dove Court
Action Items:
• Conduct Redevelopment Study (Dec 2005 –
July 2006)
• Meet with Residents (Mar 2006- Ongoing)
• RRHA Board Approval (July 2006)
• Apply to HUD (Dec 2006)
• HUD Approval (Spring 2007)
• Relocations Begin (Summer- Fall 2007)
• Development Plan (Sept 2007)
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18
Jackson Place
Mixed-Use
Mixed-Income
5.6 acre site
•Residential
•Retail
•Parking
191
Thank You!
Richmond Redevelopment and Housing Authority
Our Vision…
An innovative leader creating
dynamic partnerships that build vibrant communities!
Anthony Scott
Executive Director
RRHA
901 Chamberlayne Parkway
Richmond, VA 23220
[email protected]
(804) 780-4462
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