Presentation is loading. Please wait.

Presentation is loading. Please wait.

March 21, 2012 Background Housing Authority History Development Ventures Incorporated Mission Structure Challenges Moving Forward, Together.

Similar presentations


Presentation on theme: "March 21, 2012 Background Housing Authority History Development Ventures Incorporated Mission Structure Challenges Moving Forward, Together."— Presentation transcript:

1

2 March 21, 2012

3 Background Housing Authority History Development Ventures Incorporated Mission Structure Challenges Moving Forward, Together

4 The Housing Act of 1937 (The Wagner-Steagall Act) The American Housing Act of 1949 Historical concentration of poverty Cabrini Green Chicago, IL (1958) Getty Images

5 1949 – DHA incorporated 1950 – Cooperative Agreement with City 1953 – Few Gardens Opened Payments In Lieu Of Taxes (PILOT) for services to DHA residents

6 DHAs mission is to be a leader for affordable housing, providing a safety net, promoting self-sufficiency, leveraging core competencies to generate mixed income development.

7 States have model legislation for the creation of local housing authorities. North Carolinas passed in 1949 City Councils finding of need for Housing Authority – to investigate and report on housing conditions U.S. Department of Housing and Urban Development (HUD) created in 1965

8 City Council appoints six (6) members of DHA Board of Commissioners, Mayor appoints one (1) member One Council member serves as Liaison to DHA Board of Commissions

9 Over 1,800 Public Housing Units 160 Affordable Housing Units Over 2,800 Housing Choice Vouchers More than 900 participating landlords Overall, DHA serves more than 12,000 citizens of Durham

10 DHA has resolved its management issues

11

12

13 The Turnaround: Public Housing Management – Stable Housing Choice Voucher Program – Stable Procurement – Normal Approval Levels

14 Loss of more than $1 million in funding Staffing reductions of 11% overall, 26% in Central Office Economic pressures drive greater demand for subsidized housing

15 McDougald Terrace Liberty Street Oldham Towers Club Boulevard Scattered Sites Average Age = 47 years

16 Damar Court Edgemont Elms

17 Strategic Goal – Decentralizing Poverty Mixed Income Development Full subsidy for extremely low income Affordable Housing Market Rate

18

19 DHAs Subsidiary Development Corporation Founded in 1985 Tax-Exempt Non-Profit Staffed by DHA

20 Developer for: HOPE VI (partnered with TCB) Edgemont Elms, Preiss-Steele Place and 1010 Worth Street Renovations Goley Pointe (20 units) Goley Phase (45 units) Central Neighborhood (4 units) Redevelopment of DHA properties

21 City of Durhams Master Planning Process Agency coordination Creative, cooperative approaches to funding challenges

22

23


Download ppt "March 21, 2012 Background Housing Authority History Development Ventures Incorporated Mission Structure Challenges Moving Forward, Together."

Similar presentations


Ads by Google