Innovations in Affordable Housing: Defining Need, Finding Solutions Lisa Sturtevant, PhD Vice President of Research, National Housing Conference Executive.

Slides:



Advertisements
Similar presentations
State Housing Needs 1. Housing Needs and Community Economic Vitality are Intertwined Economic conditions drive housing need and demand. Unaddressed housing.
Advertisements

Bay Area Council Economic Institute The Bay Area Regional Economic Assessment.
Emerging Growth: Mid- Decade Economic Trends University of North Texas Center for Economic Development and Research December 2014.
Housing New Hampshire’s Workforce Prepared for the New Hampshire Workforce Housing Council Presentation to Business & Industry.
Conducted by: William M. Rohe Spencer Cowan Daniel Rodriguez Conducted for: The North Carolina Association of Community Development Corporations in cooperation.
Emerging Growth: Mid- Decade Economic Trends University of North Texas Center for Economic Development and Research April 2015.
Houston: The Next Great American Global City Presentation by Joel Kotkin, Chapman University, to Harris County International Trade and Transportation Conference.
Influences on The Phoenix-area Housing Market by Mark Stapp Executive Director, Master of Real Estate Development W. P. Carey School of Business.
Transportation, Growth and Sustainability Economic Growth with Equity Open Classroom Stephanie Pollack April 1, 2009.
Housing New Hampshire’s Workforce Prepared for the New Hampshire Workforce Housing Council Presentation to Upper Valley Housing.
Louisville Metro Affordable Housing Trust Fund, Inc Needs Assessment.
©2014 CoreLogic, Inc. All rights reserved. Proprietary & Confidential Slow and Steady Wins the Race: Housing Market Outlook David Stiff, Principal Economist,
Smart Growth / Smart Energy Toolkit Inclusionary Zoning Inclusionary Zoning: for community/ neighborhood groups Smart Growth / Smart Energy Toolkit.
Module 6 BUILDING MIXED-INCOME COMMUNITIES NEAR TRANSIT.
The Washington DC Housing Market: Trends and Outlook Housing Association of Non-Profit Developers December 11, 2014 Lisa A. Sturtevant, PhD Vice President.
NYS Department of Labor, Division of Research and Statistics Frank M. Surdey, Managing Economist May 2008 Labor Market and Demographic Trends in Greene.
Housing and Employment in the Washington MSA Current Trends and Forecasts January 30, 2014 Jeannette Chapman, GMU Center for Regional Analysis Lisa Sturtevant,
The Greater Boston Housing Challenge Barry Bluestone Center for Urban and Regional Policy Northeastern University WBZ “Attaining the American Dream” October.
Non-Profit and Public Housing Partnerships National Association of Latino Community Asset Builders Presented by Lourdes Castro Ramirez, President/CEO San.
Keeping Seniors Connected to the Labor Market: Trends and Benefits National Governor’s Association November 17, 2006 Trends and Benefits National Governor’s.
1 Coconino County Trends April 5, 2012 The Arizona Rural Policy Institute Thomas Combrink, Senior Research Specialist Wayne Fox, Director Jeff Peterson,
Housing Progress in Massachusetts Jobs for Massachusetts Barry Bluestone Dean, School of Social Science, Urban Affairs, and Public Policy Director, Center.
North Dakota State University, IACC Room 424, P.O. Box 6050, Dept. 8000,Fargo, ND Phone: (701) : The Impact.
Accelerating Economic Success August 10, Economic Success DEED’s mission is to: Support the economic success of individuals, businesses, and communities.
DBIA-MAR Luncheon February 19, 2013 The U.S. and Washington Area Economies’ Current Economic Performance and Near-Term Outlook Stephen S. Fuller, Ph.D.
Weaving a story of poverty in Multnomah County. Per capita income, Portland MSA, US Metro, Multnomah County, Source: Regional Economic Information.
The Massachusetts Housing Challenge Barry Bluestone Center for Urban and Regional Policy Northeastern University Greater Boston Real Estate Board LINK.
West Oakland Specific Plan Equity Strategies. Potential impacts of new development and investment on existing West Oakland community New development &
State of Affordable Homes in Orange County Cesar Covarrubias, Executive Director The Kennedy Commission March 31, 2014.
Richard Deitz, Officer and Senior Economist Federal Reserve Bank of New York, Buffalo Branch Economic Outlook for Upstate New.
1 January 25, Nebraska Profile 2011 NEBRASKA PROFILE Ninth Edition  State, 8 Regions, 93 Counties, plus 18 Cities – Three Volumes  Demographic.
Maryland’s Economic Outlook & Housing Market Daraius Irani, Ph.D., Executive Director The Governor’s Housing Conference 2013 | Opening Session.
1 Dane County Workforce Housing Discussion An Affordable Housing Report originally prepared for the Housing – Land Use Partnership January 2004.
Metropolitan Planning Council Since 1934, MPC has been dedicated to shaping a more sustainable and prosperous greater Chicago region. As an independent,
Michael D. Goodman, Ph.D. Executive Director, the Public Policy Center Associate Professor of Public Policy UMass Dartmouth Co-Editor, MassBenchmarks Twitter:
Texas Demographic Data Users Conference May 22, 2014 Austin, Texas.
US Department of Labor Employment and Training Administration (ETA) Partnering for Effective Business Engagement Heather Graham Director of Special Initiatives.
SB 375: CREATING GREAT COMMUNITIES IN CALIFORNIA.
THE MARKET FOR AFFORDABLE HOUSING IN TAOS Bureau of Business & Economic Research Jeffrey Mitchell, Ph.D. July 12, 2011 Funded by: Town of Taos University.
Shifting Preferences: The “America in 2013” Survey Great Spaces: Happy Faces The Alliance for Housing Solutions May 14, 2014 Susan Ingraham Bell
Washington Area Compensation and Benefits Association February 21, 2013 Uncertain Economic Times: Impacts on Local DC, MD and VA Employers and Employees.
Fostering Economic Development Steve Heminger MTC Executive Director December 8, 2011.
Tenth Annual Leckey Forum Housing the Region’s Future Workforce Lisa A. Sturtevant, PhD George Mason University School of Public Policy Center for Regional.
Regional Transportation & Land Use IREM / BOMA Real Estate Forecast Breakfast 2009 Rich Macias, Director Regional & Comprehensive Planning Southern California.
HOUSING AFFORDABILITY IN CALIFORNIA November 12,2015 San Jose Hearing Oscar Wei, Senior Economist.
City of Austin, Texas National Call to Action Symposium Oct. 17, 2008 Presentation by: Margaret Shaw, Director Neighborhood Housing & Community Development.
Sustainability, Community, Value 3. Criteria Transportation Development Walkability Resource Management Waste Management 41.
Erin Talkington, Vice President ULI Breakfast Panel December 9, 2015 Suburban-Urban Exchange.
Economic Outlook Orlando, FL January 11 th, 2011.
Housing and Transportation Affordability Index Study MWCOG Transportation Planning Board September 9, 2011.
The Housing Market ‘Reset’ and its Implications for Housing Policy Alan Mallach Non-resident Senior Fellow The Brookings Institution.
Elizabeth Garner State Demography Office Colorado Department of Local Affairs Transitions Population and Economic Trends.
Elizabeth Garner State Demography Office Colorado Department of Local Affairs Transitions Population and Economic Trends.
National Perspective and Local Opportunities for Meeting Affordable Housing Needs Come Learn With Us! Public Engagement Sessions Town of Chapel Hill, NC.
Housing Demand Ned Murray, Ph.D., AICP FIU Metropolitan Center November 13, 2012.
The Massachusetts Economic Challenge Barry Bluestone Center for Urban and Regional Policy Northeastern University Massachusetts Building Trades Council.
@CHEconDev [ Chapel Hill: Housing ] Come Learn with us: Affordable Housing IV Come Learn with us Chapel Hill: Affordable Housing – 30 years.
The High Costs of High Cost Housing Michael C. Lens UCLA Luskin School of Public Affairs Department of Urban Planning 1.
Form & Function of Metropolitan America WALKABLE URBAN DRIVABLE SUB-URBAN WALKUPS: (Walkable Urban Places) DRVABLE EDGE CITIES WALKABLE NEIGHBORHOODS.
19553 Blue Lake Loop Bend, OR Tel: 541/ CITY OF REDMOND AFFORDABLE HOUSING PLAN Phase I: Existing Conditions Report November 7, 2006.
WHY THIS AREA (Cincinnati- Dayton Ohio). Southwest Ohio Cincinnati-Dayton = 3.1 million people Cincinnati = 24 th largest city in the U.S. 4th in new.
The Massachusetts Housing Challenge Barry Bluestone
Loudoun County Housing Needs Assessment
The Greater Boston Housing Challenge Barry Bluestone
Labor Market information and Trends
Housing as an Economic Driver The Potential for Home Building Growth
Local Real Estate Trends & Market Conditions
National Association of Realtors Regional Workforce Housing Summit
Presentation transcript:

Innovations in Affordable Housing: Defining Need, Finding Solutions Lisa Sturtevant, PhD Vice President of Research, National Housing Conference Executive Director, Center for Housing Policy

What Will Drive Housing Demand? Key demographic and economic trends will shape demand

Boomers Growth in 65+ population Source: Housing an Aging Population: Are We Prepared? Projections of Population Change by Age for the U.S.: 2010 to 2050

Gen Y’ers Trends among year olds Source: U.S. Bureau of Labor Statistics, 2011 Current Population Survey

Cities Divergence in housing market recoveries San Francisco, CA $679,800 Source: National Associate of Realtors Cleveland, OH $102,100 Median Single-Family Home Price: Q VS

Affordability Millions of cost burdened households Source: Housing Landscape 2014

Affordability Costs rising faster than incomes Source: Losing Ground Change in Incomes and Housing + Transportation Costs Median-Income Household in Largest 25 Metro Areas: Housing Costs Transportation Costs Combined H+T Costs Household Income +52% +33% +44% +25%

Employment Trading high-wage jobs for low-wage jobs Source: Housing the Future Workforce in the Hampton Roads Region Projected Job Growth Hampton Roads VA:

Transit-Oriented Development Demand for walkable neighborhoods Source: Public Transit’s Impact on Housing Costs; Local Policy Options to Support Sustainable and Equitable Development

Inclusionary Housing Local affordable housing policies proliferating Location of Inclusionary Housing Programs in the U.S. Source: Designing Inclusionary Housing for Lasting Affordability

Housing & Services Meeting the continuum of needs Source: Aging in Every Place; Strengthening Economic Self-Sufficiency Programs

Partnerships Critical to meeting housing challenges ahead Housing and community development organizations Non-profit & for- profit housing developers State and local housing advocates Local, state and federal government agencies Information Data Analysis Policy development Best practices Financial institutions

Innovations in Affordable Housing: Defining Need, Finding Solutions