Landlord Liaison

History of Sacramento Landscape Population, Rental Increases & Inventory County Housing Needs 2016 Forecast, New Supply, Projected Supply Landlord Liaison – Establishing Relationships With Property Management – RHA – Property Preview & Procedures – Where Are We Headed

History of Sacramento Landscape Largest Boom in Sacramento’s history between % foreclosure rate between out of 13 households Source: Kamal D Harris, Attorney General, State of California Department of Justice

History of Sacramento Housing Sales

Housing Boom Effects Between 2007 & 2008 up to 50% of homes purchased in low income areas were by investors Former homeowners turn to the rental market The pressure on the limited supply of affordable rental increases Between housing affordability decreased from 65.5 percent to 25 percent Source: The State of the Nation’s Housing-2008, Joint Center for Housing Studies of Harvard University

Population Population 1,482,06 Persons living below poverty level 17.6% Total number of households 517,243 Home Ownership 56.7% Rental Households 43% Total housing construction need of 13,844 units based on SACOG Regional Housing Needs Allocation Source: U.S. Census Bureau; 1990,2000 & 2010,

2015 Rental Rates

Total Inventory SFD38, Units6, Units Total rental properties: 45,926 Total rental units: 106,632 Source: Sacramento County Dept of Community Development

County Housing Needs REGIONAL HOUSING NEEDS ALLOCATION ( ) UNINCORPORATED AREA OF SACRAMENTO COUNTY Income Level Total Need Annual NeedPercent of Total Extremely Low Income1, % Very Low Income1, % Low Income2, % Moderate Income2, % Above Moderate Income5, %

Income Levels Low- or moderate-income households are defined as households with incomes of 80 percent or less of Area Median Income (AMI) Very low-income households are defined as households with incomes of 50 percent or less of (AMI) Extremely Low Income (ELI) refers to earning less than 30% of AMI Consistent with the federal standard the definition of affordable housing follows the guidelines that no more than 30% of a household’s gross income should be spent on rent and utilities Source: U.S. Department of Urban Housing

New Supply Existing Stock 180,000 Units Source: MPF Colliers

New Supply By Project 9 Properties 923 Units 40% Conventional 46% Affordable 14% Senior

Projected Supply By Location 7 Properties 1,343 Units 78% Conventional 5% Affordable 17% Student

Sacramento Steps Forward’s Common Cents Program Completed vulnerability assessments on more than 1,537 individuals Connected 625 people with mental health services and 148 with substance abuse treatment Helped 243 people access public assistance benefits More than 495 veterans and 396 chronically homeless were moved into permanent housing

From January through November 2015, the entire homeless system of care in Sacramento County (shelters, transitional housing, outreach navigators) helped to house 3,455 people Seventy-three of the most vulnerable of the homeless population came directly off the streets, and, through the outreach navigators were placed in permanent housing

Landlord Liaison SSF’s Landlord Liaison program is designed to increase access to housing Create long-term relationships with the property management community & Sacramento County stakeholders Train & oversee Ready to Rent, a nationally recognized education program designed to help individuals develop the skills and practices to be reliable tenants 24-hour hotline for landlords to call in case of an emergency Manage housing restitution funds to cover property damage beyond security deposits Research housing stock, inventory, barriers & determine housing feasibilities

Establishing Relationships Relationships Fostered With Preservation PartnersUSA Properties DomusDick James & Associates Sarenne CapitalCADA MercyFPI AWIMJD Capital Partners Mack Road Partnership Housing Committee North Natomas Affordable Housing Committee Access 4,088 Available 309

RHA Active Members Presentations – Government Affairs Committee – Property Management Executive Luncheon Collaborations – Sacramento Self Help Housing – Mediation

Property Preview & Procedures

Where Are We Headed Continue To Engage County Housing Stakeholders Promote Rapid Rehousing Encourage Ready To Rent Training Develop Property Damage Disbursement Funds Distribution Engage Affordable Housing Developers