1. Utah WorkForce Housing Initiative
“ Cultivating Community ”
Pilot Program

2. Background
In the 1996 session of the Utah State Legislature, HB 295 was passed. The statute elevated the subject of affordable housing to a new level never before seen in Utah. The law mandated that all communities and counties in the state include a housing element as part of their general plan. The law also required that communities report annually about the progress they were making in developing, adopting and implementing plans.
In January 1999, a survey was taken by the State DCD and it was found that only 20% of communities had even attempted the development of a plan. Through specific legal action the courts established that communities needed to develop an adequate plan or run the risk of legal action for non-compliance. By 2002, 65% of all communities had a least prepared some semblance of a plan. There was not only a disappointing number of communities who developed the mandated plan but they displayed a lack of sophistication in making needs projects and determining alternatives.
In recent years the Utah League of Cities and Towns reported that its members both urban and rural were looking for tools which would assist them in gathering the appropriate data and in receiving technical assistance to put together more comprehensive plans that included viable project out comes.
In response to those calls for assistance, a partnership opportunity was structured for technical assistance providers, governmental agencies and local financial institutions to deliver a comprehensive tool-kit and hands-on assistance to meet the real challenges in Utah communities statewide. It takes strong public/private partnerships to make projects affordable. UWFHI’s goal is to lay the foundation for the creation of these partnerships on which important community directed projects can be realized.
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3. Overview What is UWFHI? Who are the Partners? UWFHI Process Model
Pilot Communities
Diverse Resources
Proposed Timelines
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4. What is UWFHI?
Broad based partnership to help support city housing planning processes, economic and essential workforce housing development across Utah
New statistical software, guide book, training workshops
Planning technical assistance delivery to communities/geographies that is aligned with state mandated process
Baseline economic development and affordable housing analysis to support local community planning efforts
Access to previously untapped financial resources from state, regional and national partners
Financial Performa and partnership structuring assistance to help build needed housing stock that is identified in city plans
Support to outlying areas as identified in planning processes
Creation of transferable best practice models
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5. Who Are The Partners? State of Utah Utah League of Cities & Towns
Governor’s Office of Planning & Budget
Utah Division of Community & Culture
Utah League of Cities & Towns
Key Housing Industry Organizations
Envision Utah
Utah Financial Institutions
Industrial Banks: Morgan Stanley Bank (Lead), Lehman Brothers Bank, American Express CD, Merrill Lynch Bank, UBS Bank, GE Capital, Pitney Bowes, GMAC Bank, Goldman Sachs Bank (invited partner listings)
Community Banks: Bank of American Fork (Lead), Bank of Utah, The Village Bank, Barnes Bank, SunFirst Bank, Bank of Southern Utah, 1st Nat’l Bank of Layton, Central Bank (invited partner listings)
State, Regional, National Partners
US Dept HUD, USDA Rural Housing, Utah Housing Corporation, Rural Collaborative, Rural Community Assistance Corporation, Olene Walker Housing Loan Fund, Utah Community Reinvestment Corporation (invited partner listings)
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6. UWFHI Process Model
Cultivating Community through research/Data Analysis, Creative/Cross Functional Planning, Technical Assistance, Project Development & Responsive Funding Solutions
Toolbox, Demographic Software, Workshops
Industrial + Community Banks OWHTF/LIHTC/UCRC/RC/RCAC, Municipalities, Private Funding
Nonprofit Housing Developers, City Housing Authorities and City Planners, RDA, HUD
Creation of transferable best practice models
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7. Pilot Cities & Communities
Boulder, Garfield County SRO housing
Vernal, Uintah County “Boom or Bust” housing
Moab, Grand County Service, Retail and Public Workers
South Salt Lake, Salt Lake County Home ownership rate inverse to rest of state – 37%
Logan, Cache County Student Housing vs. Residential
These pilot cities were already proactively working with the state of Utah for support and guidance. Selected cities also provide diversity in size, location, needs, culture and employment which will provide a variety of models for the final program.
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8. Map of Pilot Cities Logan South Salt Lake Vernal Moab Boulder Town
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9. Workforce Income Characteristics
Financial Realities for Low- and Moderate- Income Citizens in Utah Pilot Communities
2006 Data
FMR
Hourly Housing Wage
Mean Wage for a renter
Utah
678
13.04
9.92
Logan City
615
11.83
7.46
Tooele County
652
12.54
9.97
Uintah County
519
9.98
10.80
Salt Lake City
714
13.73
11.25
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10. Workforce Housing Costs
Current Costs of Housing in Utah Pilot Communities
Average Sales
Price
Mortgage
Payment
Hourly
Wage
Required
Utah - Statewide
271,771
1,773.89
34.11
Cache/Rich Counties
190,267
1,241.90
23.88
Salt Lake County
298,214
1,946.49
37.43
Tooele County
207,886
1,356.90
26.09
Uintah Basin
201,072
1,312.23
25.24
Utah County
295,470
1,928.58
37.09
Washington County
329,180
2,148.61
41.32
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11. Job Classifications Current Incomes by Job in Utah Pilot Communities
AMI
Salary
Needed
Social
Workers
Teachers
Nurses
Public
Safety
Food
Services
House
keeping
Utah -- statewide
57,700
70,956
39,104
39,720
28,309
32,677
17,347
17,306
Logan
48,800
49,676
30,307
38,112
29,190
27,960
15,958
16,320
Salt Lake & Tooele areas
60,100
77,860
38,307
41,226
39,811
41,974
22,534
19,220
Uintah Basin
45,500
52,489
32,878
39,088
29,494
32,354
17,102
17,222
Utah County/Provo area
55,100
77,143
36,795
39,541
37,003
16,099
16,952
Washington County
49,600
85,944
32,053
38,418
29,702
28,371
16,307
19,427
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12. Diverse Resources Technical Assistance Research Financing
Lotus Community Development, Consultants
Tightline Community Resources, Consultants
Federal, State, Financial Institutions, Community Representatives
Research
Local Officials and Planning staff
State, Federal and Nonprofit staff
University of Utah – Bureau Economic & Business Research
Financing
Financial Institutions provide lending participations to provide lines of credit, predevelopment and construction financing, gap financing, municipal bond investments and other resources as needed
UCRC, OWHLF, Federal Agencies, Tax Credit Syndication's, regional CHDO’s provide economic development or small business tools, leveraged low-interest loans and grants funds
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13. Proposed Timelines Pilot Community Research – Winter 2006
Pilot Community Support – Spring and Summer 2007
Statistical Software and Guide Book Development – Summer & Fall 2007
Launch – Summer & Fall 2007
Workshops – Winter 2007 through Early 2008
Plans, Proformas, Development and Best Practice Models – On going through 2009
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14. Consultant Team Marci Milligan, Consultant Rhoda Stauffer, Consultant
Lotus Community Development Institute, 501(c)3
Rhoda Stauffer, Consultant
RJS Management Advisors
Richard Walker, Consultant
Tightline Community Resources
223 West 700 South, Suite C
Salt Lake City, Utah 84101
Phone:
Fax:
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