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Housing Need & Gaps: Some of the Data Presentation by AHS 9/30/2014 Using Slides prepared by And from the County’s 9/22/2014 Presentation ARLINGTON AFFORDABLE.

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Presentation on theme: "Housing Need & Gaps: Some of the Data Presentation by AHS 9/30/2014 Using Slides prepared by And from the County’s 9/22/2014 Presentation ARLINGTON AFFORDABLE."— Presentation transcript:

1 Housing Need & Gaps: Some of the Data Presentation by AHS 9/30/2014 Using Slides prepared by And from the County’s 9/22/2014 Presentation ARLINGTON AFFORDABLE HOUSING STUDY

2 What do we need to know about housing needs in Arlington? How many Arlingtonians struggle to find affordable housing? What are Arlington’s future housing needs? Which groups of individuals and families face the greatest needs? Where are the current affordable housing gaps? ARLINGTON AFFORDABLE HOUSING STUDY

3 Housing costs climbed dramatically between 2000 & 2013 Rents Condo Townhouse Single-family detached +91% +172% +163% +146% Home Prices Source: Arlington County Rent and Vacancy Survey, MRIS ARLINGTON AFFORDABLE HOUSING STUDY

4 Some common affordable housing terms Cost Burdened household: A household that spends 30% or more of its gross income on housing costs Example: A household with an annual income of $60,000 spending $1500 or more per month on housing Severely Cost Burdened household: A household that spends 50% or more of its gross income on housing costs Example: A household with an annual income of $60,000 spending $2500 or more per month on housing ARLINGTON AFFORDABLE HOUSING STUDY

5 Some common affordable housing terms Area Median Income (AMI): The median household income for a metropolitan area, which varies by household size In FY2012, the AMI for the Washington region was $107,500 for a family of four $75,300 for a single person Who is “low income”? Extremely low income: <30% AMI Very low income: 30-60% AMI (*HUD uses 50% limit*) Low income: 60-80% AMI ARLINGTON AFFORDABLE HOUSING STUDY

6 Thousands of individuals and families in Arlington face affordability challenges Spend 30-50% of income on housing Spend more than 50% of income on housing Source: 2010-2012 American Community Survey 3-year microdata file ARLINGTON AFFORDABLE HOUSING STUDY (17,600 households) (12,500 households)

7 Some Arlingtonians face bigger housing affordability challenges than others Source: 2010-2012 American Community Survey 3-year microdata file ARLINGTON AFFORDABLE HOUSING STUDY

8 There is a significant shortage of rental homes affordable to low- and moderate-income families… Sources: 2010-2012 ACS; Arlington County Rent and Vacancy Survey; GMU/CHP tabulations ARLINGTON AFFORDABLE HOUSING STUDY

9 And insufficient rental housing for the lowest income individuals. Sources: 2010-2012 ACS; Arlington County Rent and Vacancy Survey; GMU/CHP tabulations -3,400 -4,745 ARLINGTON AFFORDABLE HOUSING STUDY

10 Many current residents think they will have to leave Arlington in the next 5 years Source: Poll of Arlington residents, April-June 2014 ARLINGTON AFFORDABLE HOUSING STUDY

11 There is broad public support for housing policies to help ease affordability challenges Source: : Poll of Arlington residents, April-June 2014 ARLINGTON AFFORDABLE HOUSING STUDY

12 Households at or below 60%

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14 2012 Rental Unit Breakdown 14 Source: Housing Interim Data Report, Arlington County, 2013 17,500 – 46% 8,500 – 23% 4,685 – 12% 3,035 – 8% 4,307 – 11% 15,442 – 36% 3,570 – 8% 5,927 – 14% 6,685 – 15% 11,429 – 27% Market Rate Units: > 80% (48%) Rental CAFS: (14%) MARKS up to 60% (12%) MARKS at 60 – 80%: (25%)

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16 Progress on ending homelessness The 100 Homes Campaign is an initiative of Arlington County’s 10 Year Plan to End Homelessness. The goal of the 10 Year Plan is that no individual or family shall lack access to decent, affordable housing.10 Year Plan to End Homelessness

17 Progress on ending homelessness Arl Co’s 2014 point-in-time count [sundown Jan 29 to sunup Jan 30] -39% overall reduction in the count -homeless individuals dropped 34% compared to 2013, from 268 to 178 --Homeless individuals are single adults, without children, who either are living on the streets, in the County’s Emergency Winter Shelter or in the Residential Program Center. -homeless people in families technically dropped 46%, from 211 to 113. --However, drop is a product of a new counting methodology and does not necessarily represent a decreased number of vulnerable families within the community. -chronically homeless dropped 52%, from 156 in 2013 to 74 in 2014.

18 Progress on ending homelessness Arl Co’s 2014 point-in-time count [sundown Jan 29 to sunup Jan 30]  39% overall reduction in the count  homeless individuals dropped 34% compared to 2013, from 268 to 178 Homeless individuals are single adults, without children, who either are living on the streets, in the County’s Emergency Winter Shelter or in the Residential Program Center.  homeless people in families technically dropped 46%, from 211 to 113. However, drop is a product of a new counting methodology and does not necessarily represent a decreased number of vulnerable families within the community.  chronically homeless dropped 52%, from 156 in 2013 to 74 in 2014.


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