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Recommendations Addressing vacant property concerns in Louisville - - PowerPoint PPT Presentation
Recommendations Addressing vacant property concerns in Louisville - - PowerPoint PPT Presentation
Recommendations Addressing vacant property concerns in Louisville should follow a strategy that focuses on four goals: Prevention 1. Short-term solutions (stabilization of neighborhoods) 2. Long-term solutions (systemic and regulatory 3.
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Recommendations
Addressing vacant property concerns in Louisville should follow a strategy that focuses on four goals:
1.
Prevention
2.
Short-term solutions (stabilization of neighborhoods)
3.
Long-term solutions (systemic and regulatory changes)
4.
Evaluation and tracking of the problem and program
- utcomes
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Recommendations
Establish a Local Vacant Property Database Mandatory Vacant Property Registration Serving a Growing Rental Market Land Assembly: Thinking Beyond a Single Property Eliminate Sale of Tax Debt to Third Party Investors State Legislation to Promote Brownfields
Redevelopment
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Neighborhood Stabilization Program (NSP) in Louisville
Metro Louisville NSP funding has produced
- 17 for purchase housing units
- 9 single family rental units
- 2 public facilities
Kentucky State NSP funding to the Louisville MSA has produced In Louisville Metro
- 45 new homes
- 7 home rehabs
- 29 properties acquired for NSP land banking
In New Albany, Indiana
- 2 new homes
- 2 home rehabs
- 1 public facility
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Measures of Housing Conditions in Louisville
1/3 of all households in Louisville rent Households need to earn $27,920/yr or $13.92/hr to
afford a 2-bedroom unit at Fair Market Rent
Median household income is $25,633. A household would
need 1.9 full-time jobs at minimum wage to afford a 2- bedroom unit at Fair Market Rent
Foreclosures in 2011 in the Louisville MSA decreased 34%
from 2010
10,187 homeless persons accessed services in 2011 There were 12,389 homeless students in JCPS during the
2011-2012 school year, and 868 additional in the surrounding counties
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John W. Vick John.vick@louisville.edu
Center for Environmental Policy and Management University of Louisville Web: louisville.edu/cepm/ Phone: 502.852.8042 Email: cepmefc@louisville.edu
Contact
Lauren Heberle Lauren.heberle@louisville.edu
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A Call to Action! Recommendations
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Vacant Properties
Steps You Can Take Now
Support the bill to be introduced in the 2013 legislative
session that will:
- Allow local governments to retain control over the future of
taxable properties by allowing cities to opt out of the sale
- f property tax liens to 3rd-party investors.
- Modernize tax foreclosure in the state to allow local
government to seize abandoned properties, and
- Update the land bank statutes in Kentucky in order to allow
those governments to efficiently return tax-delinquent properties to productive use.
Join the Local Options for Kentucky Liens (LOKL)
coalition in support of this bill (www.loklcoalition.org). Sign up for its email list today.
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Support the proposed Vacant and Abandoned
Property Foreclosure registration ordinance, but advocate for a more comprehensive, mandatory registration program for all vacant properties.
The successes of the NSP program show the impact
- f reinvesting in our neighborhoods- advocate for
sustained, continued reinvestment in the reuse of properties.
Join the Louisville Vacant Properties Campaign.
Vacant Properties
Steps You Can Take Now
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Increase Investment in Affordable Housing & Community Development
Support the 1% insurance premium tax increase to
provide a permanent, locally-controlled funding source for the Louisville Affordable Housing Trust Fund (LAHTF) proposed by its board.
Support the passage of reforms advocated by
Local Options for Kentucky Liens (LOKL). Use revenues those reforms will create to reinvest in our neighborhoods.
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Support revisions to the Land Development Code
that increase opportunities for multi-family housing and smaller lot sizes and that allow increased density in the residential use of land.
Participate in “A Community Conversation on Fair
Housing” at the Louisville Free Public Library- Main Branch on January 8 at 5:30 p.m. in the Centennial Room. Help develop action steps for the Louisville Metro Human Relations Commission’s 20-Year Action Plan for Fair Housing.
Make Fair & Affordable Housing Available Throughout Our Community
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Advocate for continued support of accredited
foreclosure counseling and increased access to attorneys to represent homeowners at risk of foreclosure.
Support continued funding of homeownership
counseling and credit counseling.
Work with advocates to ensure low- and moderate-
income households can access mortgage loans in the wake of financial reforms.
Preserve Access to Homeownership
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Advocate for aggressive policies that preserve, improve,
and create affordable housing for low-income families and that make housing for families with children a priority.
Ensure that Louisville Metro Housing Authority replaces
razed units with the same number of family units without additional entry requirements.
Support changes to the Land Development Code to allow
diverse housing types, reuse of vacant properties, and funding the Louisville Affordable Housing Trust Fund that have been discussed.
Make Housing for Families a Community Priority
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Sign up for email lists for MHC, the Louisville Vacant
Properties Campaign (LVPC), and Local Options for Kentucky Liens and stay informed as issues and events arise.
Comment on the Annual Action Plans for the Louisville
Metro Department of Community Services and Revitalization and the Louisville Metro Housing Authority.
Contact your Metro Councilperson and your