PLAN FOR REPLACEMENT UNITS WORK GROUP MEETING FEBRUARY 9, 2016 - - PowerPoint PPT Presentation

PLAN FOR REPLACEMENT UNITS

ARHA PRESENTATION FOR THE WORK GROUP MEETING FEBRUARY 9, 2016

ANDREW ADKINS INTRODUCTION

Andrew Adkins is bounded on the east and west by North Fayette and a private alley running parallel to West Street and north and south by Wythe and Madison Streets. Andrew Adkins is steps from the Braddock Road Metro Station. This presentation covers ARHA’s plan for relocation, demographics of the current households at Andrew Adkins, and bedroom needs of households on the waiting list. The schedule for the redevelopment of Andrew Adkins anticipates a 2018 Tax Credit

• application. If successful, tenants would move in the Fall of 2018.

ARHA’S PLAN FOR RELOCATION

YEAR PLACED‐IN‐SERVICE (PIS) LIHTC App. Year Project/Property 2017 2018 2019 2020 2021 2022 2023 2024 Demolished Replacement/ Net New Beginning Balance of Restricted Funds NA ARHA Administration Building 2017 Ramsey Homes (15) 52 (15) 52 2018 Acquire Replacement Units 15 60 75 2019 Andrew Adkins (90) 60 (90) 60 2020 2021 2022 Net Change in Portfolio (30) 52 60 (105) 187 Total Replacement/New Units per year 52 60 Running Balance of Available Units/Funds (30) 22 82

ARHA’S PLAN FOR RELOCATION

Notes A ARHA has begun the process of identifying off‐site acquisition opportunities. B Presumes that Andrew Adkins will be demolished all at once. Potentially can be phased with partial demolition. This is yet to be determined. Survey has been completed and the engineering is underway. C The maximum number of families we would have to accommodate is 30 in year 2018. This does not take into account that some families will take vouchers which would also further reduce the number of temporary units required. It also assumes we can acquire

• ff‐site replacement units.

ANDREW ADKINS DEMOGRAPHICS

12 14 32 24 8 5 10 15 20 25 30 35 1 2 3 4 5

Total Bedroom Count

Andrew Adkins: Total Bedrooms = 272

ANDREW ADKINS DEMOGRAPHICS

22 12 14 16 7 9 7 1 1 5 10 15 20 25 1 2 3 4 5 6 7 8 12 Total Household Sizes

Andrew Adkins: 90 Units, One Vacancy = 89 Households

ANDREW ADKINS DEMOGRAPHICS

71 18

10 20 30 40 50 60 70 80 Female Head of Household Male Head of Household

Andrew Adkins: Heads of Households

ANDREW ADKINS DEMOGRAPHICS

38 53 82 10 20 30 40 50 60 70 80 90 0-5 6-10 11-17 Range of Children's Ages

Andrew Adkins: Total Children Under 17 = 164

ANDREW ADKINS DEMOGRAPHICS

0-5 6-10 11-17 18-21 22-30 31-40 41-50 51-60 61-70 70 + Age Ranges 38 53 82 19 30 32 25 18 4 5 % 12% 17% 27% 6% 10% 10% 8% 6% 1% 2% 12% 17% 27% 6% 10% 10% 8% 6% 1% 2% 10 20 30 40 50 60 70 80 90

Range of Ages

Andrew Adkins: Total Population = 306

ANDREW ADKINS DEMOGRAPHICS

Types of Income include: Earned: Wages, Self-Employed Business Owners (54% of households) Unearned: Social Security, Pension, TANF, Child Support & Gifted Income (44% of households)

48 39 2 5 10 15 20 25 30 35 40 45 50 Earned Income Unearned Income No Income

Andrew Adkins: Types of Income

ANDREW ADKINS DEMOGRAPHICS

35% 30% 14% 7% 8% 3% 1% 0% 1% 1% 0% 0% 5% 10% 15% 20% 25% 30% 35% 40% $1-$10,000 $10,000 - $19,999 $20,000 - $29,999 $30,000 - $39,999 $40,000 - $49,999 $50,000 - $59,999 $60,000 - $69,999 $70,000 - $79,999 $80,000 - $89,999 $90,000 - $99,999 >$100,000 Range of Annual Income

Andrew Atkins: Income Profile Minimum Income = $1,200 Maximum Income = $97,212

ANDREW ADKINS RENTS

• Average Rent For Andrew Adkins = $161
• Annual Rent Roll for Andrew Adkins = $172,155

PUBLIC HOUSING WAITING LIST

• Waiting List Bedroom Unit Needs:
• One Bedroom – 814
• Two Bedrooms – 888
• Three Bedrooms – 289
• Four Bedrooms – 1
• Five Bedrooms – 0