Preserving Affordable Rental Housing PowerPoint Presentation

Preserving Affordable Rental Housing PowerPoint Presentation

2015-11-24 85K 85 0 0

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Research and Data from Florida. Anne . Ray. June 28, 2013. Assisted Housing Inventory (AHI). 2,266 developments with 246,577 assisted units. Active funding from HUD, USDA, Florida Housing, local housing finance agency. ID: 203929

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Presentations text content in Preserving Affordable Rental Housing

Slide1

Preserving Affordable Rental HousingResearch and Data from Florida

Anne RayJune 28, 2013

Slide2

Assisted Housing Inventory (AHI)

2,266 developments with 246,577 assisted unitsActive funding from HUD, USDA, Florida Housing, local housing finance agencyData re: location, subsidies, target population, ownership, tenant characteristics

Slide3

Lost Properties Inventory (LPI)

Developments that have left the assisted inventory since 1993600 developments with over 52,000 affordable unitsAnnual survey of rents, vacancies and voucher acceptance

Slide4

LPI: Tracking Losses Over Time

Assisted Units in Florida by Year of Loss, 1993-2012

Source: Shimberg Center for Housing Studies, Lost Properties Inventory

Slide5

LPI: What happens after subsidies are gone?

Most (70%) developments continue as rentals; 20% converted to condos, some vacant/demolishedOf rentals, 61% affordable at 60% AMI and nearly all affordable at 80% AMI; none affordable at 30% AMIMore than half don’t accept vouchers, although most former HUD and LIHTC properties do

Slide6

LPI: Other lessons learned

Preservation comes in waves: early LIHTC/bond projects, condo conversion, foreclosure/distress, maturing loansNon-profit owned, elderly/disabled housing can be at risk tooProperty loss and preservation are not all-or-nothing phenomena

Slide7

Florida’s Preservation Initiative

52 developments, 5,121 assisted units, including 3,117 with HUD or RD project-based rental assistance

Most target special populations or add ELI/special needs units

Slide8

Affordable Housing Suitability Model

GIS-based model to evaluate suitability of parcels for affordable housing development, preservation

Slide9

Affordable Housing Suitability Model

LPI and AHI Properties by Transit Accessibility, Orange County

Slide10

Affordable Housing Suitability Model

LPI and AHI Properties by Neighborhood Characteristics, Orange County

Slide11

Affordable Housing Suitability Model

Transit Accessibility + Neighborhood Characteristics, Orange County

Slide12

Affordable Housing Suitability Model

LPI and AHI Properties, All Layers, Orange County

Slide13

Contact Information

Anne Ray

aray@ufl.edu

352-273-1995

Main Shimberg site: http://www.shimberg.edu

Data Clearinghouse: http://flhousingdata.shimberg.edu


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