Housing & Community Affairs Committee May 16, 2017 Tom - - PowerPoint PPT Presentation

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Housing & Community Affairs Committee May 16, 2017 Tom - - PowerPoint PPT Presentation

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Housing & Community Affairs Committee May 16, 2017 Tom McCasland, Director Sylvester Turner, Mayor Petition Tax Increment Reinvestment Zone CHAPTER 311, TAX CODE Sec. 311.05 petition is submitted to the governing body of the

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SLIDE 1

May 16, 2017

Housing & Community Affairs Committee

Tom McCasland, Director Sylvester Turner, Mayor

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SLIDE 2

2

CHAPTER 311, TAX CODE

  • Sec. 311.05
  • …petition is submitted to the governing body of the

municipality or county by the owners of property constituting at least 50 percent of the appraised value

  • f the property in the area
  • ……the project plan must provide that at least one-

third of the tax increment of the zone be used to provide affordable housing during the term of the zone…

Petition Tax Increment Reinvestment Zone

“ ”

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SLIDE 3

Sources of $46 Million

  • Average annual amount: $16 million
  • $46 million is composed of the following:

– $16.5 million was the starting balance in FY2007 when the city begin using the new SAP financial system. – $29.5 million unallocated balance that has grown slowly from 2011 through today

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SLIDE 4

Uses of $46 Million

Single-Family Activities $17,900,489

  • Home repair
  • New construction
  • Community Land Trust
  • Down payment

assistance

  • Activity delivery costs
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SLIDE 5

Uses of $46 Million

Multifamily Activities $10,000,000

  • Multifamily rehab
  • New construction
  • Leverage for Section

108 Loans and other HUD funds

  • Activity delivery
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SLIDE 6

Uses of $46 Million

Land Acquisition $10,000,000

  • Strategic acquisition

by LARA

  • Land for both Single

Family & Multifamily

  • Complete

Community focus

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SLIDE 7

Uses of $46 Million

Efforts to End Homeless $2,000,000

  • Barrier Buster funds
  • Efforts leading

directly to permanent homes for individuals

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SLIDE 8

HCDD General Fund Dollars

Only $492,996

TIRZ Funds Support Administration of HCDD’s $57,989,236 Annual Budget and $166,500,000 in Disaster Recovery Funds

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SLIDE 9

Uses of $46 Million

Affordable Housing Admin & Federal/State Grant Leveraging $4,614,498.70 Costs for administering local, state and federal funded activities by HCDD Rent/Lease $850,000 Office space for HCDD at 601 Sawyer Information Technology $750,000 OnBase – Hardware, software and store expenses for document tracking for compliance purposes

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SLIDE 10

Disaster Recovery Budget Reallocations

CDBG-DR15 Program Budget Activities Original Budget Amount Substantial Amendment Amount New Budget Amount Public Facilities / Infrastructure $29,232,000.00 $11,143,507.21 $40,375,507.21 Housing (Single Family Housing Program) $12,000,000.00 $12,000,000.00 Strategic Buyout $20,000,000.00 ($9,340,000.00) $10,660,000.00 Planning $2,000,000.00 ($1,803,507.21) $196,492.79 Administration $3,328,000.00 $3,328,000.00 Total $66,560,000.00 $0.00 $66,560,000.00

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SLIDE 11

Changes to 2015-2019 Consolidated Plan and Citizen Participation Plan

  • 2015-2019 Consolidated Plan

– Adding Complete Communities as local target areas – Updating with information about disaster related needs

  • Citizen Participation Plan

– Adding updated regulatory language

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SLIDE 12

HOME and CDBG Budget Reallocations

*Indicates a new activity for the Plan year *Indicates a new activity for the Plan year

Total CDBG Budget Changes: $240,000.00 $240,000.00 2013 Economic Development ($176,421.69) 2013 *Housing Services $240,000.00 Community Development Block Grant (CDBG) Budget Year Amended Activity Budget Decrease Budget Increase 2013 Lead Based Paint ($63,578.31) 2016 *Tenant Based Rental Assistance $2,400,000.00 Total HOME Budget Changes: ($2,400,000.00) $2,400,000.00 HOME Investment Partnerships Program Budget Year Amended Activity Budget Decrease Budget Increase 2016 Multifamily Development ($2,400,000.00)

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SLIDE 13

Housing Assistance Programs

$2.4 Million HOME Funds

  • Fund Financial

Assistance Intermediary for chronically homeless

  • Help cover gap from HUD

budget shortfall

  • Provide rent and utility

assistance

  • Serve up to 250 families

$1 Million TIRZ Funds

  • Fund voucher mobility

program

  • Allow families with at

least one child aged 4-8 to move to areas zoned to excellent elementary schools

  • Family must already have

a Housing Choice Voucher

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SLIDE 14

The Vireo Apartments

Tidwell and CE King Parkway - ETJ

Non-Competitive 4% Tax Credit Applicant

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SLIDE 15

May 16, 2017

Housing & Community Affairs Committee

Director’s Report

Tom McCasland, Director Sylvester Turner, Mayor

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SLIDE 16

Blue Tarp Initiative Progress Report As of 05/11/2017

Status Report Count Intake Applications 1,226

Completed Applications 465 No Response 150 Ineligible 360 In Progress 119 Title Issues 37 Tax Issues 37 Declined Services 25 Tax and Title Issues 33 Council District A B C D E F G H I J K Total Completed

9 192 5 149 5 0 62 18 1 24 465

No Response

1 26 55 3 2 0 38 15 0 10 150

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Home Repair & Blue Tarp Programs

Total Cost of Repairs: $1,673,646 Total Admin: $251,047 (15%)

12 6 2 2 4 6 29 37 57 43 59 23 10 20 30 40 50 60 70

Total Homes Served in Past 12 Months: 270

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SLIDE 18

Disaster Recovery 2 Single-Family Home Program

Expenditures: $8,937,433 Admin & Project Delivery: $2,186,434 (24%)

11 2 10 8 5 5 4 16 13 6 1 3 2 4 6 8 10 12 14 16 18

Total Homes Completed in Past 12 Months: 84

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SLIDE 19

Public Services

Total Expenditures: $17,964,677 Total Admin & Project Delivery: $435,822 (2%)

3,746 3,187 3,431 3,577 3,067 3,331 2,095 9,584 3,701

  • 2,000

4,000 6,000 8,000 10,000 12,000 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17

Number of Clients Served by Month

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Public Facilities Expenditures by Month

Total Expenditures: $12,896,197 Total Admin & Project Delivery: $795,571 (6%)

APR 16 MAY 16 JUN 16 JUL 16 AUG 16 SEP 16 OCT 16 NOV 16 DEC 16 JAN 17 FEB 17

$10,172,729* $3,506

$13,500

$2,268

$110,752 $280,065 $258,881

* 3 Major Acquisitions

$175,708 $211,827 $307,293 $260,805

MAR 17

$303,292

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SLIDE 21

Public Facilities

21 21 20 22 22 22 23 23 23 24 24 24 18 19 20 21 22 23 24 25

Unduplicated Projects by Month

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Homebuyer Assistance Program

Total Expenditures to Date: $360,036 Total Admin: $285,003 (79%)

5 1 1 3 2 3 3 2 1 3 1 2 3 4 5 6

Total Homeowners Assisted in Past 12 Months: 24

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SLIDE 23

Multifamily Housing Programs

Total Expenditures: $14,109,385 Total Admin & Project Delivery: $783,896 (5%)

121 122 122 124 128 133 140 141 141 141 146 150

20 40 60 80 100 120 140 160

Housing Units Per Month

23

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SLIDE 24

Brenda Arnold Scott

Deputy Director Planning and Grants Management

2017 Houston BRAVO Award

Retiring

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SLIDE 25

What An Accomplished Career Looks Like

28.7

Years of Services

100,000

Affordable Homes Created

$2 Billion

Federal & Local Funds Secured

1.5 Million

Houstonians Served

$200 Million

Liabilities Mitigated

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SLIDE 26

A Lasting Legacy

1988

Hired by Legal as paralegal assisting General Council for HCDD

1990

Accepted promotional transfer to Housing Department

2011

Created Planning and Grants Management Division of HCDD

2015

Promoted to Deputy Director of Housing Department

8 promotions in 28 years

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SLIDE 27

The Sky’s the Limit

Thank you Brenda, for making us better, changing lives, and leaving a legacy

  • f excellence.

Love, Your Team

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SLIDE 28