httppartnershipaffordablehousingcomhousingreport To get the full report go to httppartnershipaffordablehousingcomhousingreport Going by the Numbers Whats Important Close communication between the sponsor and the data geeks ID: 465467
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Slide1
For more information, or to view the full report, go to
http://partnershipaffordablehousing.com/housing-report/.Slide2
To get the full report, go to:
http://partnershipaffordablehousing.com/housing-report/Slide3
Going by the Numbers: What’s Important
Close communication between the sponsor and the data geeks
Know what’s possible & what’s reliable
Find the appropriate scale for the sponsor’s objectives
Use filters: focus on the big picture & drill down when it adds value
Don’t filter bad news
Know your audience and work on communicating effectively
Tie to policy & program responsesSlide4
Close communication between the sponsor and the data geeks
The sponsor needs to be engaged in shaping the details of the study…have a small advisory group and a go-to person for getting questions answered
One answer leads to more questions…know when to stop
The data geeks need to know how to frame options and when to go beyond the questions askedSlide5
Know what’s possible & reliable
Mine the secondary data
CHAS tabulations
American Housing Survey
Published tables
Microdata
Mine administrative data & other ‘big data’ sources
Collect primary data carefully and selectively
Data is expensive to collect
Target your biggest ‘unknowns’
Qualitative data can help gain useful insights & build directionSlide6
Data Sources
Data from published ACS tables and Public Use
Microdata
Sample files to provide maximum detail and precision
ACS
5-year, 3-year and 1-year files
5-year
CHAS tabulation for housing supply and gap
analysis
Sales data, property tax data, building permits, inspections
Primary data collectionQuantitative: Household & housing surveysQualitative: Focus groups, meetings & forums
03/31/2015
Virginia Center for Housing Research at Virginia Tech
6Slide7
Find the appropriate analytical scale for the sponsor’s objectives
Geographic scale
Region
Counties, cities and towns
Smaller geographies (census tracts, block groups, …)
Policy scale
Development scale
Site
SubdivisionSlide8
Key Measures
Cost Burden
Households are defined as cost burdened if gross housing cost is 30% or more of total household
income
Gross
housing cost includes utilities
Cost Burden shown for <30% (not cost burdened), 30-49%, and 50% (severe cost burden)
03/31/2015
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Virginia Center for Housing Research at Virginia TechSlide9
The Affordability Deficit
($Gap)
The
amount of additional income needed to eliminate a housing cost burden
Gross housing cost minus 30% of household income
If gross housing cost greater than 30% of household income, deficit (negative value) occurs
Measure is calculated in dollars
03/31/2015
Virginia Center for Housing Research at Virginia Tech
9Slide10
The region’s annual affordable housing deficit is $862 million (2012$), an average of $6,422 per cost-burdened household.
03/31/2015
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Virginia Center for Housing Research at Virginia TechSlide11
Use filters: focus on the big picture & drill down when it adds value
The big picture emerges from the questions asked and what the data tells you
Meta-narrative Questions
What’s positive/good and what’s negative/bad?
Compared to whom or what (other places or previous times)?
Look at the ‘usual suspects’ as to why we vary
Age, income (HUD AMI Categories), household type/composition
Race, ethnicity
Location
Who is Keyser
Söze?Slide12
Affordable housing is a problem for nearly 30% of households
everywhere
03/31/2015
About 30% or more of households in every area are cost-burdened and more than 10% have severe cost burdens
12
Virginia Center for Housing Research at Virginia TechSlide13
03/31/2015
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Virginia Center for Housing Research at Virginia Tech
Number of Cost Burdened Households by Census Tract
Data Source: U.S Census 2013 American Community Survey Slide14
Lack of affordable housing hits all AMI categories, but is most severe for lower income households. Households with low incomes (below 80% of AMI) bear 80% of the region’s affordable housing deficit.
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Virginia Center for Housing Research at Virginia TechSlide15
Half of cost burdened households are owners
03/31/2015
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Virginia Center for Housing Research at Virginia TechSlide16
Cost burdened households in the region are most likely to be people living alone
03/31/2015
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Virginia Center for Housing Research at Virginia Tech
One-person households are a large segment of cost burdened householdsSlide17
Seniors make up a large portion of cost-burdened, single-person households.
03/31/2015
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Virginia Center for Housing Research at Virginia TechSlide18
Housing Demand Projections: Senior
housing grows substantially; middle-age market contracts
11/21/2014
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Virginia Center for Housing Research at Virginia TechSlide19
Don’t filter bad news
Break big rocks into smaller ones
How do you solve a multi-million dollar
problem? Slide20
Know your audience and work HARD on communicating
Measures and indexes
Graphs and maps
Meta narrativesSlide21
Tie to policy & program responses
Examples of past successes
Examples of what can be done
Identify next steps
Monitor progressSlide22
Who do you call?
Mel Jones!
Virginia Center for Housing Research
Phone:
(540) 231-3993
E-mail:
mel.jones@vt.edu