TOD University (2013) Housing 101

TOD University: Housing 101 Part 1 How much housing do we need?

Pop Quiz! What’s the homeless capital of the United States? b) Washington DC a) New York c) Los Angeles

How many hours/ week does at minimum wage ($8/hour) to afford a studio apartment? b) 83 hours/week a) 40 hours/week c) 120 hours/week Pop Quiz!

2 in a studio 5 in a 1-bedroom 6 in a 2-bedroom 230,000 households in LA are living in severely overcrowded conditions

Paying Too Much Rent 175,000 households in the city of LA spend more than 50% of income on rent

But, most new homes are affordable for people with incomes over $90,000/year. In LA County, 70% of transit riders have incomes of $25,000/year or less.

OvercrowdingOverpaying

$1,449/mo rent $52,000/yr 1 $1,763/mo rent $63,500/yr 2 $2,612/mo rent $94,000/yr In 2008

Small Group Exercise #1 Set goals for new housing for your community plan area

TOD University: Housing 101 Part 2 Where could we build the new homes?

Where are the jobs?

“Comfortable” Transit Commute to Jobs in Westwood & Downtown LA © 2011 Reconnecting America.13

New Affordable New Market Rate

Central City Westlake Wilshire Southeast LA West Adams Boyle Heights South LA Hollywood

449 apartments Mixed income 80% market rate 20% below-market Mixed Use Ground level stores Plaza Farmer’s market LAUSD Middle School Wilshire Vermont Red Line Station

Single story commercial: gas station used car lot Denny’s City owned parking lot More Opportunities Across the Street

6 th & Vermont: Missed Opportunity 1 story Walgreens 12 story building Red Line 1 block away

No Vacant Lots to Build On? Nuisance properties? Distressed commercial boulevards? Old shopping centers? Restore historic buildings? Rehab or tear down run down buildings? Surface parking lots? Metro construction staging sites? Other ideas?

homes/ acre 450 new homes

8 54 homes/acre 450 new homes

11 40 homes/acre 450 new homes

22 20 homes/acre 450 new homes

Building up saves city neighborhoods 62 7 homes/acre 450 new homes

You Decide: Where do you want to build new homes? Small Group Exercise #2

Nuisance properties? Possible Places to Build Distressed commercial boulevards? Old shopping centers? Restore historic buildings? Rehab or tear down run down buildings? Surface parking lots? Metro construction staging sites? Vacant lots? Other ideas?

Housing 101 TOD University (2013) Thank you

Credits Slides 1, 3, 9, 16, 17, 18, 20, 21: Beth Steckler Slides 4, 5, 6, 7: stock photos Slide 7 data (top): U.S. Census American Community Survey, ; Los Angeles Housing Department; Reconnecting America Slide 12: U.S. Census Longitudinal Employer Dynamics, 2010; Reconnecting America, Enterprise Community Partners Slide 13: “Preservation in Transit-Oriented Districts: A Study on the Needs, Priorities and Tools in Protecting Assisted and Unassisted Housing in the City of Los Angeles,” Los Angeles Housing Department, 2012; Reconnecting America, Slides 14, 15: “Affordability Matters” (Steckler & Garcia) Slides 20-24: Google Maps (background) Slide 22: Courtesy of Koning Eizenberg Slide 23: James Kline, HUD Affordable Housing Design Advisor Slide 24: Charlotte Bromley