Historic Preservation, Americas Ultimate Green Building Program - - PowerPoint PPT Presentation

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Historic Preservation, Americas Ultimate Green Building Program - - PowerPoint PPT Presentation

Historic Preservation, Americas Ultimate Green Building Program Wyoming AIA Winter Conference Cheyenne, WY Scott Day Principal Urban Development Services Hotel Hamilton, Laredo, TX HAMILTON HOTEL LOW-INCOME HOUSING TAX CREDIT PROJECT


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Historic Preservation, America’s Ultimate Green Building Program

Wyoming AIA Winter Conference Cheyenne, WY

Scott Day Principal Urban Development Services

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Hotel Hamilton, Laredo, TX

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HAMILTON HOTEL LOW-INCOME HOUSING TAX CREDIT PROJECT OWNERSHIP STRUCTURE AND CONTRACTUAL RELATIONSHIPS

Loan Agreements 0.5% 0.5% MGP 99% GP LP Covenant Communities Partners, Ltd. City of Laredo Covenant Housing Hamilton L.L.C. (1) Laredo Housing Finance Corporation Related of Capital (3) Hamilton Housing Partners, Ltd. Hamilton Hotel LIHTC Project Lenders (4) Faulkner Construction (5) Covenant Hamilton Housing L.L.C. (6) Property Manager (7) Contractual Relationships Owns Owns Construction Contract Development Agreement Property Management Agreement Laredo Housing Finance Corporation Subsidiary (2) Owns

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Consumer Time Famine

% Who Agree with dual incomes % Who agree with single incomes Shopping adds stress to my life

50% 36%

Shopping becomes more of a chore each year

45% 35%

I have less time to shop than I did five years ago

66% 42%

Shopping interferes with spending time with my children

30% 14%

UDS

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Livability = Connectivity = Ability to Choose

  • Shopping
  • Transportation
  • Access to good paying jobs
  • Good environmental quality
  • Good quality housing
  • Superior education opportunities
  • Unique environments
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Today’s Job Market

  • Outsourcing

– Accounting – Journalism – Service call centers – Engineering – Architects – Radiologists and doctors on call – Financial analysts

  • Today you can be anywhere and be in business.
  • Today, the playing field is somewhat level
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Tomorrows Job Market

Thomas Friedman “The World is Flat

  • In 2003 there were 25,000 US tax returns

done in India. In 2011 1.6 million

  • At $100 per month salary…
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America still produces 75% of what it consumes but this down from 90% in the mid 90’s

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Impact of

  • Ever Googled yourself?
  • Every Googled you neighbor?
  • What’s for dinner?
  • One of the most complete photographic data

bases of communities

  • Android phones find most competitive pricing

(scanners and search engines)

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Tomorrow’s Jobs will require the touchy feely

  • Everyone needs to focus on how to add value

to their job.

  • Anything that can be digitized will be
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Competition among Cities for workers

  • Quality of life will determine where people live in the

future.

– Access to good transportation and communication – Safety – Creative environments – Culturally amenities and culturally rich (entertaining) – Environmentally wholesome

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Energy Crisis of the 1970’s

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=

10,353 gallons of gas

(100’deep, 25’ tall, 22’wide and 3 brick wide walls)

193 Downtown buildings; the amount of gas saved by recycling aluminum cans each year

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Leads to discussion of how we can improve transportation and livability???

  • ?
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Area occupied by interstate highway system is approximately equal to the state of Georgia

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Potential Cost Savings With More Compact Development

  • If US government agencies advocated for more

compact development we could save 11% or $110 billion on road building over 25 years.

  • They would save 6% or $12.6 billion on water and

sewer costs.

  • They would save about 3% or $4 billion on services

From, Investing in a Better Future, by Tony Downs

UDS

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We’re attempting to build our way out of the crisis

How Road and Bridge Improvements Save Lives

  • Approx. 42,000 people are killed on highways each year in the U. S., 3.5 million are injured
  • Cost about $200 billion in property damage each year
  • Highway crashes are the leading cause of death of people 6 to 28 years of age and are the cause of more

permanent impairments than any other type of accident.

  • Statistics show that increased investment in road and bridge improvements save lives. Making road

lanes and shoulders wider, adding medians and improving bridges are just a few of the improvements which have been shown to cut fatalities significantly.

  • Every $100 million invested in highway safety improvements will result in approximately 145 fewer

traffic fatalities over a 10-year period (= $29.9 trillion required to eliminate 90% of the fatalities) Source: Road Information Program from the Federal Highway Administration (FHWA) and the National Highway Traffic Safety Administration. .

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Cost to operate a vehicle

  • 2 income workers making $9.00/hour = $37,440 per

household income

  • Taxes of $7,488 reduce this to $29,952
  • 1/3 of household budget for housing …

brings this to $19,948

  • Each car costs about $5,500 to operate or $11,000

That leaves $8,948 for food, clothing, entertainment

  • etc. Or about $24.00 per day
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The average American household is now going to spend About $1,800 in gas per vehicle per year That means you can now afford about $15,000 more in additional mortgage costs if you live closer to where you work. Build up your equity or send the money overseas

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More Compact Development = Conservation of Resources

  • Natural Resources
  • Built Resource
  • Infrastructure
  • Human Resources
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  • Streetscape

Density….

a necessary evil

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Education and awareness

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Walkable Cities = Better Health

  • In San Diego, one study found that people that live in

a higher density, land use mix, connectivity, engage in moderate physical activity nearly 50 percent more than those in that ranked poorly in walkability.

  • 35% of the people were over weight in the walkable

neighborhood as opposed to 60 percent in the low walkability neighborhood.

Urban Sprawl and Public Health, Frumkin and Frank, Island Press, 2004

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The Rainbow Te-ton Entrepreneur Center

  • Created for the opportunity for new or early

stage businesses to collaborate and share expenses.

  • Phone, High Speed Internet, Copy room with

b/w copies, Shared Conference Room, Shared Administrative Assistant and Partnering Agencies & Other Entrepreneurs’ for Business Support.

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  • Reuse
  • Retrofit
  • Reinvest
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