Community-Wide Housing Strategy Presented to Property Tax Working - - PowerPoint PPT Presentation

Community-Wide Housing Strategy

Presented to Property Tax Working Group November 21, 2019

A Growing Housing Need

In Cincinnati and Hamilton County Poverty, Income & Housing Housing Gap Cost Burden

Pover erty

Pover erty h has b been en r rising The number of Hamilton County familie ilies i in p poverty grew by 27% between 2000 and 2017. In 2017, 22.4% of families in Cincinnati, and 8% in suburban Hamilton County, were living below the poverty line.

U.S. Census Bureau, 2000-2017

+80% +4% Since 2 2000:

Pe Peer Ci Cities

Po Popu pulation v

• vs. Po

Poverty Many of Cincinnati’s peer cities saw similar population decreases between 2000 and 2017, but Cincinnati saw higher increases in poverty than these peers.

U.S. Census Bureau, 2000-2017

Hous using Co Cost sts

Ri Rising C Cost sts f for Re Renters Tenants in both the city and county are seeing their rents go up, even as costs for homeowners fall. OTR/Pen endlet eton

• n H

Hou

• using I

Inven entor

• ry

Based on a study by CBI, nearly 3,000 units of affordable housing (or 73% of units affordable at 0-30% AMI) were lost from OTR 2002-2015. A majority

• f these units were rented to people of

color.

Pe Peer Ci Cities

Natio ional L l Low-Incom

• me H

e Hou

• using

Coalit litio ion “ “Out o

• f Reach,” 2

2018 In the Cincinnati metro area, a household must earn $17 pe per ho hour to afford a fair market rate 2-bedroom apartment without being cost- burdened. This is slightly lower than for peer cities, but since minimum wage in Ohio is $8.55, a renter would still need to work 2 f ful ull-tim ime m min inim imum w wage j jobs just to afford a 2-bedroom apartment.

Source: NLIHC Out of Reach Report, Ohio, 2019

Re Renter Co Cost st B Bur urden by R Race ce

Even en h higher er b burden ens a amon

• ng

Black r ren enter ers In both the city and county, Black renters are more likely to be moderately and severely cost- burdened than Whites or Latinos.

Ex Expir irin ing Un Unit its

2017 H

• Ham. C

. Co. A Affordabilit ility S y Study A snapshot of expected expiration dates as of 2016 shows that 42% of homes kept affordable by HUD contracts are set to expire before

• 2030. About 72% of LIHTC units are

also scheduled to expire before 2030.

HUD Picture of Subsidized Households; OHFA LIHTC Database, 2015

Ev Evic ictio ions

Hamilt ilton C County E y Evict ictio ion R Report From 2014 to 2017, an average of 12,439 r resid identia ial e l evict ictio ions were filed in Hamilton County. The eviction filing rate (8.7%), or percentage of renter-

• ccupied units that experience an

eviction filing, sits well a abov

• ve t

e the nation

• n’s a

aver erage (6.3%). Hamilton County evictions are highly con

• ncen

entrated ed in predominantly Black neighborhoods.

• They reach an informal

agreement with tenant

• Tenant vacates the premises

A l landlord m may d dismi smiss ss thei eir c case i e if:

Wh Why a a housing ng s strate tegy?

The scope + complexity of the problem demands a holistic response. A chance to bring all the stakeholders to the table & build collective capacity. We want to guide philanthropic dollars, but also municipal policy. Document that will unify and align advocates’ collective strategies and efforts Provide specific policy recommendations

Since 4 e 4th

th Quarter 2

2018

Th The w worki king group process:

• Over 250

250 working group participants

• A total of at least 28

28 meetings

• 17

17 Community Engagement forums for input

Narrowed to 5 topi pic a are reas Assessed need and developed a set of over 100 00 recommendations

Overv rvie iew Pr Produc uce

Cincinnati and Hamilton County face complex, interlocking housing challenges. These challenges must be addressed via pro rodu duction, preservation, and protec ection.

Proposed Vision Statement:

Everyone has access to a spectrum of quality, affordable housing within their neighborhood of choice. Proposed ed Gui uiding Principles es:

• Put People First
• Promote Choice
• Foster Diversity
• Advance Equity
• Cultivate Collaboration
• Challenge the status quo
• Confront racist and discriminatory policies and practices

Introducing Fai air Share re Expectations Dedicating Permanent Funding for the Housi sing T Trust Fund nd Increasing De Develop

• pment &

Pro rope pert rty Mana nagement Capacity Proactive Code e Enfo nforc rcement + Home Rep epair Grant/Loan Program Tenant Right to Counsel, ‘Pay to Stay,’ and Landlord/Tenant Mediation

Broad t theme mes a s across w ss working g g groups ups

Rente ter P Prote tecti tions Inno nnova vative F Fina nancing g Stre reams Housi sing Q Quality & & Cond nditions ns Equit Equitable le P Productio ion Goals & s & Dist stribution Local C Capa pacity

Thes ese a e are b e based ed o

• n r

recurring r recom

• mmen

endation

• ns...

Tenant R Right hts to Counsel, ‘Pay to Stay,’ and Landlord/Tenant Mediation Dedicating Funding for the Housi sing T Trust Fund nd Proactive Code e Enfo nforc rcement + Home Rep epair Grant/Loan Program Introducing Fai air Share re Expectations Increasing De Develop

• pment &

Pro rope pert rty Mana nagement Capacity

Ac Access to to Hom

• meow

eowner ership

Fou

• ur Key I

Idea eas

Pro rope pert rty t tax r relief f for low-income homeowners, esp. in rapidly appreciating neighborhoods Proactive C Code Enfo nforc rcement combined with home repair programs, loans, and incentives for small landlords Open ne n new p pathways t to homeownership through homesteading and alternative credit building strategies Inc ncre rease coord rdina nation to

• ffer one portal for

homeownership resources, information, and data

New P Prod

• duction
• n

Fou

• ur Key I

Idea eas

Address w wage g gap by challenging companies to pay a living wage Inc ncre rease by-ri right ht z zoning for multifamily development Stre reamline a appr provals and waive fees in exchange for affordable units Expand t d the p pool and build the capacity of small developers, contractors, and property managers

Affo fordable R Renta ntal Pres eser ervation

• n

Fou

• ur Key I

Idea eas

Create a syst system t to flag expi piri ring u g uni nits and offer incentives for preservation and rehabilitation Combine data-driven en code de e enforcement with robust home repair programs and access to loans Protect against displacement using tenant legal p prote tections, emergency rent ntal al assi ssistance, and legal a aid Change t the na narra rrative ve around affordable housing through

• utreach and

information campaigns

Policy & & Zoni ning ng

Fou

• ur Key I

Idea eas

Ref eform t the zo e zoning c code de to incentivize affordable development through density bonuses, require in-lieu fees, and permit accessory dwellings Support a tenant asso ssociation to educate tenants on their rights and mediate with

• landlords. Adopt new

tenant p protections. Conduct a “Fair S r Share re Stud udy” and evaluating progress. Dedicate p permanent fund nding g stre reams to the Housing Trust Fund and set up an ove vers rsigh ght board

Home melessn ssness ss

Fou

• ur Key I

Idea eas

Suppo port rt e existing g progr gram ams that are proven to reduce and prevent homelessness Require re affo ffordabl ble development in exchange for public land, subsidies, or incentives Enact tenant p protections such as a right to counsel, just cause eviction legislation, and a ‘pay to stay’ ordinance Dedicate p permanent fund nding g stre reams to the Housing Trust Fund and use it to fund deep, permanent affordability

CoHe Hear

Fou

• ur Key I

Idea eas

Provide eme merg rgency r rent and u utility a assi ssistance to families on the brink of homelessness Require re affo ffordabl ble development in exchange for public land, subsidies, or incentives Pursue creative homeownership progr gram ams, such as renter equity and co-op models, and alternative credit histories Build p prope pert rty mana nagement c capa pacity and allow (and train) tenants to invest in their properties

• 4. N

Next xt S Steps ps

Tim imeli line

Nov

• v.

Prelim limin inary y Recom

• mmen

endation

• ns

Consultants present draft targets and preliminary recommendations.

Fin inaliz lize T Targets, Recom

• mmen

endation

• ns

De Dec.

Pres esen ent F Final P Plan

2020 Q1 Q1.

Draf aft P Plan an

Ja Jan. n.

Working groups finalize reports and prioritize recommendations. Targets are refined. Plan is drafted and presented to steering committee for review Recommendations, targets, motivation, and implementation strategy are included in final plan

Revis isio ionin ing

Realis listic ically lly, wha hat will this his plan achieve?

• Provide an asses

essment ment of current needs

• Establish ke

key goal als (with the idea that the City and County can adopt them)

• Provide a suite of tools

ls, policie ies a and f fun undin ing for a range of strategies

Contact: Kathy Schwab Executive Director LISC Cincinnati kschwab@lisc.org https://www.lisc.org/greater-cincinnati/what-we- do/housing/strategy/