HOUSING AND TRANSIT: MOVING TOWARD OPPORTUNITY May 29 th , 2014 - - PowerPoint PPT Presentation

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HOUSING AND TRANSIT: MOVING TOWARD OPPORTUNITY May 29 th , 2014 - - PowerPoint PPT Presentation

SCI Housing Symposium HOUSING AND TRANSIT: MOVING TOWARD OPPORTUNITY May 29 th , 2014 Income Limits INCOME LIMITS 2013 JEFFERSON & DENVER COUNTY AMI 1 person household 2 person household 3 person household 120% 65,400 74,760 84,120


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SCI Housing Symposium

HOUSING AND TRANSIT: MOVING TOWARD OPPORTUNITY

May 29th, 2014

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INCOME LIMITS 2013 – JEFFERSON & DENVER COUNTY AMI

1 person household 2 person household 3 person household

120% 65,400 74,760 84,120 100% 54,500 62,300 70,100 80% 43,600 49,800 56,050 65% 35,425 40,495 45,565 60% 32,700 37,380 42,060 55% 29,975 34,265 38,555 50% 27,250 31,150 35,050 45% 24,525 28,035 31,545 40% 21,800 24,920 28,040 30% 16,350 18,700 21,050

Income Limits

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Income Limit Hourly Salary Sample Occupations

$22,750 $10.94 Bank teller, childrens' services group leader or classroom assistant $30,360 $14.60 Transportation dispatcher, property maintenance worker $37,950 $18.25 1st thru 4th year teacher with BA, code enforcement technician, administrative assistant $45,540 $21.89 Entry level fire fighter, 1st or 2nd year teacher with MA, property manager, police dispatcher Unlimited Unlimited Civil engineer, college professor, corporate executive

Sample Occupations of Future Tenants

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Continuum of Housing Rental Options

Public Housing

  • Incomes up

to $22,755 Tax Credit Housing

  • Incomes up

to $45,540 Market Rate

  • Incomes are

unlimited

Federally Subsidized Public/Private Partnership Private Financing

Continuum of Housing Rental Options

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MAXIMUM RENTS 2013 JEFFERSON & DENVER COUNTY AMI Maximum Rent 1 Bedroom Maximum Rent 2 Bedroom 120% 1,752 2,103 100% 1,460 1,752 80% 1,167 1,401 65% 949 1,139 60% 876 1,051 55% 803 963 50% 730 876 45% 657 788 40% 584 701 30% 438 526

Maximum Rents

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Housing & Transportation Costs

Denver, CO Albuquerque, NM New York, NY Seattle, WA Stamford, CT

33.7 30.6 37.9 34.5 37.8 15.2 22.2 10 14.6 10.9

Transportation Housing 48.9 % 52.8 % 47.9 % 49.1 % 48.7 %

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Denver Dry Goods Building: 1555 California Street Downtown Denver

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Jonathan Rose Companies LLC Perry Rose LLC Highlands Garden Village, Prior to Redevelopment

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Highlands’ Garden Village Planning Process

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Perry Rose LLC Highlands’ Garden Village, Cottage Hill Senior Housing

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Perry Rose LLC Highlands’ Garden Village, Trocadero Apartments

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Perry Rose LLC Highlands Garden Village, Community Gardens

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Highlands’ Garden Village Financing

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Highlands’ Garden Village Financing

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Perry Rose LLC Aria Apartments

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Perry Rose LLC Aria Apartments

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Perry Rose LLC Aria Apartments – Cultivate Health

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Perry Rose LLC Aria Apartments – Cultivate Health

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Perry Rose LLC Aria Apartments – Cultivate Health

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Jonathan Rose Companies LLC Metro Green Apartments

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Jonathan Rose Companies Via Verde

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Jonathan Rose Companies Via Verde