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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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Presentation Transcript

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

8

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

10

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

13

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.

03/31/2015

14

Virginia Center for Housing Research at Virginia TechSlide15

Half of cost burdened households are owners

03/31/2015

15

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

16

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

17

Virginia Center for Housing Research at Virginia TechSlide18

Housing Demand Projections: Senior

housing grows substantially; middle-age market contracts

11/21/2014

18

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