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HOUSING DEVELOPMENT and AFFORDABILITY INITIATIVES MEETING AGENDA - PowerPoint PPT Presentation

HOUSING DEVELOPMENT and AFFORDABILITY INITIATIVES MEETING AGENDA Tuesday, June 26, 2018 | Public Kick-Off Meeting PART 1: INTRODUCTION and BACKGROUND PART 2: DEFINITIONS, STRATEGY, INVENTORY, NEEDS, PROGRAMS PART 3: ZONING, LAND USE, and


  1. HOUSING DEVELOPMENT and AFFORDABILITY INITIATIVES

  2. MEETING AGENDA Tuesday, June 26, 2018 | Public Kick-Off Meeting PART 1: INTRODUCTION and BACKGROUND PART 2: DEFINITIONS, STRATEGY, INVENTORY, NEEDS, PROGRAMS PART 3: ZONING, LAND USE, and PARKING OVERVIEW PART 4: QUESTIONS and COMMENTS PART 5: NEXT STEPS HOUSING DEVELOPMENT and AFFORDABILITY INITIATIVES

  3. NEIGHBORHOOD AFFAIRS CITY DEVELOPMENT Rob Gerdes, Administrator Alan DeLisle, Administrator Planning & Development Services Dept. Housing and Community Development Elizabeth Abernethy, Director Joshua Johnson, Director Stephanie Lampe, Senior HD Coordinator Urban Planning Division Derek Kilborn, Manager Development Review Services Division Corey Malyszka, Interim Zoning Official MAPPING Transportation Parking Management Dept. Geographic Information Systems Evan Mory, Director Transportation Planning Division Planning & Development Services Dept. Cheryl Stacks, Manager Engineering & Capital Improvements Dept. Thomas Whalen, Planner III Department of Technology Services Michael Hernandez, CS Coordinator PART 1: INTRODUCTION

  4. AGENCY STAKEHOLDERS PUBLIC STAKEHOLDERS City Administration Residents City Council Business Owners Housing, Land Use, Transport. Committee Affordable Housing Developers Affordable Housing Advisory Committee Home Builders Development Review Commission Lending Institutions Community Planning and Pres. Commission St. Petersburg Area Chamber of Commerce Forward Pinellas Council of Neighborhood Associations Individual Neighborhood Associations 2017 Land Use Working Group Pinellas Realtors Organization PART 1: INTRODUCTION

  5. 1977 Zoning Ordinance Update Segregated land uses, encouraged suburban-style development 2007 Vision 2020 Plan and Zoning Ordinance Update Introduced Neighborhood, Corridor, Center concept Introduced Traditional and Suburban zoning distinctions Mixed-uses, higher densities, accessory dwelling units 2014 Grow Smarter Initiative Encouraged higher density, mixed-use, walkable development Coordination with priority transportation corridors PART 1: HOW DID WE GET HERE

  6. 2017 Feb. Detached , Row Houses (“Skinny Houses”) Presentation to Housing Committee, Public Workshop Subsequent shift to more comprehensive strategy PART 1: HOW DID WE GET HERE

  7. 2017 Feb. Detached , Row Houses (“Skinny Houses”) Presentation to Housing Committee, Public Workshop Subsequent shift to more comprehensive strategy 2017 Oct. Knowledge Exchange Series Released Published by Forward Pinellas “Finding the Missing Middle” PART 1: HOW DID WE GET HERE

  8. PART 1: HOW DID WE GET HERE

  9. 2017 Feb. Detached , Row Houses (“Skinny Houses”) Presentation to Housing Committee, Public Workshop Subsequent shift to more comprehensive strategy 2017 Oct. Knowledge Exchange Series Released Published by Forward Pinellas “Finding the Missing Middle” 2018 Feb. Affordable Housing Advisory Committee 2018 Mar. Forward Pinellas Grant Lending Analysis 2018 Mar. Committee of the Whole, Part 1 Current Programs 2018 April Committee of the Whole, Part 2 Programs being studied, developed, and refined PART 1: HOW DID WE GET HERE

  10. TEXT MAP HOUSING AMENDMENTS AMENDMENTS PROGRAMS Countywide Plan Rules Countywide Plan Map Amend Existing Comprehensive Plan Future Land Use Map Establish New Vision 2020 Plan Official Zoning Map City Code • Individual amendments may be brought forward as stand-alone applications • First amendment applications may be ready by early October PART 1: WHAT DO WE HOPE TO ACHIEVE

  11. PART 2: DEFINITIONS, STRATEGY, INVENTORY, NEEDS, PROGRAMS

  12. AFFORDABLE HOUSING No more than 30 % of gross income spent on rent or mortgage. PART 2: DEFINITIONS, STRATEGY, INVENTORY, NEEDS, PROGRAMS

  13. AREA MEDIAN INCOME (“AMI”) The area median income (AMI) is a statistic generated by the U.S. Department of Housing and Urban Development (HUD) for purposes of determining the eligibility of applicants for certain federal housing programs. VERY LOW LOW MODERATE INCOME INCOME INCOME Does not exceed 50 % Does not exceed 80 % Does not exceed 120 % of AMI for the region. of AMI for the region. of AMI for the region. Household of 4 Household of 4 Household of 4 $47,850 $29,900 $71,750 $1,196 / monthly $747 / monthly $1,794 / monthly payment payment payment PART 2: DEFINITIONS, STRATEGY, INVENTORY, NEEDS, PROGRAMS

  14. Incentives to construct and preserve • LDR’s • Permit process • Rebate program Gap funding to construct and preserve • Federal/State money Assist in purchasing and remaining • WIN • Homebuyer assistance • Barrier Free • Neighborhood Team Boost incentives / establish funding source Strategy

  15. • 1,251 Units - Housing Financing (2010-2018) • 158 Units - LDR’s Workforce Housing City Related Programs

  16. • 3,430 units - SPHA rental vouchers • 371 units - SPHA-operated • Significant waiting list for rental vouchers • 2,759 units - Other affordable St. Petersburg Housing Authority

  17. Median Sales Price $300,000 $245,000 $250,000 $229,100 $222,250 $200,000 Median Sales Price $166,900 $169,000 $169,500 $150,000 $140,000 $100,000 $50,000 $0 2004 2006 2008 2010 2012 2014 2016 2018 2020 Years Market Conditions

  18. Average rent in the City of St. Petersburg, according to Rental Café : All Rentals Studio 1 Bed 2 Bed 3 Bed $1,238 $869 $1,102 $1,361 $1,729 Average Rent Year Over Year 7% 8% 6% 6% 4% Change Average 877 SF 482 SF 706 SF 1,029 SF 1,313 SF Apartment Size January 2015 - $1,115 for 2 bedroom Market Conditions

  19. CHAS Data • Cost burden = or less than 30% - 62,355 • Cost burden 30% to 50% - 21,455 • Cost burden above 50% - 19,350 • Total households - 103,150 • Total households burdened - 40% • 2010 – 43% total households burdened • 2000 = 29% total households burdened CHAS Data

  20. CHAS Data • 75% - households at 30% or less of AMI are cost burdened • 79% - households between 30% and 50% of AMI are cost burdened • 64% - households between 50% and 80% of AMI are cost burdened • 41% - households between 80% and 100% of AMI are cost burdened • 14% - households at 100% or greater of AMI are cost burdened CHAS Data

  21. Cost Burden Comparison with Other Cities 30% or less 30% to 50% 50% to 80% 80% to 100% 100% or AMI AMI AMI AMI greater AMI 75% 79% 64% 41% 14% St. Petersburg 79% 90% 77% 48% 15% Orlando 74% 78% 64% 44% 13% Tampa

  22. The City’s housing programs consist of the following: • Multi-family Development Assistance • Purchase Assistance • Owner-occupied Rehabilitation Assistance • Barrier-Free Assistance • Rental Assistance • Homebuyer Education

  23. PRIOR & CURRENT YEAR'S FUNDING ALLOCATIONS (WITHOUT NSP/CDBGR/HPRP) $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 200120022003200420052006200720082009201020112012201320142015201620172018 CDBG HOME ADDI ESG SHIP CHTF Linear (CDBG) Linear (HOME) Linear (SHIP)

  24. 2008 - 2018 $340,359 Homebuyer Education 2,358 $204,428 Rapid Re-Housing ESG-SHIP 113 $2,336,956 Tenant Based Rental Assistance 268 $823,500 Rental Assistance HPRP Strategies 1,011 $6,808,208 Homeowner Rehabilitation 464 $3,959,338 Purchase Assistance < 80% AMI 211 $1,174,021 Purchase Assistance > 80% AMI 168 $5,133,359 Purchase Assistance 379 0 1000000 2000000 3000000 4000000 5000000 6000000 7000000 8000000 $$ Expended Affordanble Housing Strategies $ Expended Affordanble Housing Strategies Units/People Assisted Affordable Housing Strategies and Expenditures

  25. MULTI-FAMILY CONSTRUCTION $18,511,417 1,216 UNITS $179,813,836 Units Expenditure Leverage

  26. Neighborhood Team While increased code enforcement is necessary to protect the values of aging properties, some homeowners cannot afford to repair their homes. N-Team workers help to relieve that burden. Services available to homeowners who are elderly or disabled include: • Painting (exterior) • Carpentry • Handicap Access Ramps • Minor Roof Repair/Patching • Roof Tarps • Minor Plumbing • Junk/Trash & Debris Removal • Overgrowth Removal • Code Violation Repairs

  27. Neighborhood Team (N-Team) Assistance 300 251 Number of Properties 250 239 228 222 216 206 197 195 200 181 169 150 150 128 123 107 106 91 100 89 77 69 65 62 60 50 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Fiscal Years Citywide CRA only

  28. South St. Petersburg Community Redevelopment Area Multi-Family Construction Assistance The South St. Petersburg Redevelopment Area is a Tax Increment Financing district and provides the following: • The Plan was approved by City Council in May 2015 • Affordable Multi-family Housing Development Program – Provides up to 15 years annual rebate of $50,000 per project per year • Eligibility requires construction of a minimum of 10 residential units • Funding source – City of St. Petersburg and Pinellas County TIF contributions • Work must be completed within 6 – 18 months

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