measuring the economic impact of the virginia housing trust fund housing policy advisory council...

Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Upload: annabelle-dennis

Post on 03-Jan-2016

219 views

Category:

Documents

0 download

Report

Download

Embed Size (px):

TRANSCRIPT

Measuring the Economic Impact of the Virginia Housing Trust Fund

Housing Policy Advisory Council September 1, 2015

Measuring the Economic Impact of the HTF

VHC has retained VCHR Measure Impact from “Round 1” of HTFFull Report by Sept 30Presentation to Housing Commission Nov. 5

Page 3: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Virginia Housing Trust Fund: 2013

Program Allocations

Page 4: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

The Virginia Housing Trust Fund: 2013

Page 5: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Measuring the Economic Impact of the HTFMethodology

Page 6: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

VA-HTF$

ECONOMIC IMPACT=

+ Initial impact from HTF investments.

+ Direct and indirect impact from supply chain activity.

+ Induced impact from wages to household spending.

Page 8: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Measuring the Economic Impact of the HTF: Case Study Crescent Square

80 Unit New ConstructionSRO Permanent Supportive Housing Virginia BeachUnder construction - 1/1/16

Page 9: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Measuring the Economic Impact of the HTF: Case Study Crescent Square

$11.7 million TDC$9.7million to Virginia enterprises JOBS

Initial: 82 jobs w/ combined earnings of $3.8mDirect: 12 jobsIndirect: 2 jobsInduced: 33 jobs

Page 10: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Measuring the Economic Impact of the HTF: Case Study Crescent Square

TOTAL is 129 jobs $5.9 million in earnings

Page 11: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Measuring the Economic Impact of the HTF: Case Study Crescent Square

Total Growth in GRPGross regional product

$27.5 million

Page 12: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Measuring the Economic Impact of the HTF:525 Selbon Ave. – Foreclosure Recovery

One of 22 rehabs completed by HabitatLocated in RichmondTotal rehab cost - $54,400GRP impact $143,898

Page 13: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Measuring the Economic Impact of the HTF

STAY TUNED!

Page 14: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Measuring the Economic Impact of Housing

Page 15: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Housing Virginia: SOURCEBOOK

Page 16: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Housing Virginia: SOURCEBOOK

Page 17: Measuring the Economic Impact of the Virginia Housing Trust Fund Housing Policy Advisory Council September 1, 2015

Housing Virginia: SOURCEBOOK

Measuring Housing Quality in the Housing Choice Voucher ... · 103. Measuring Housing Quality in the Housing Choice Voucher Program With. Customer Satisfaction Survey Data. Cityscape

AGENDA Housing Affordability and Livability Advisory ...murray.seattle.gov/wp-content/uploads/2015/02/2015-1-7-HALA... · Housing Affordability and Livability Advisory Committee

Housing Loan Singapore Broker | Yours Advisory

Findings from ICO advisory visits to social housing ... · Findings from ICO advisory visits to social ... In 2012/13 the ICO undertook nine advisory visits to social housing

MEASURING HOUSING AFFORDABILITY WITHIN …

AFFORDABLE HOUSING ADVISORY COMMITTEE (AHAC)

ADVISORY NOTE ‘Sustainable Urban Housing – Design ... · ‘Sustainable Urban Housing – Design Standards for New Apartments’ DoECLG(2015) ADVISORY NOTE. Users of this Dún

2009 Affordable Housing Advisory Council Annual Report

Family Housing Advisory Services, 2011 Annual Report

Social Housing Renewal Standing Advisory Committee New

Housing Counseling Federal Advisory Committee (HCFAC ......Housing Counseling Federal Advisory Committee Public Meeting November 1, 2016 Meeting Minutes ... help meet the housing needs

Virginia Housing Development Authoritys NoVA Preservation Initiatives Affordable Housing Advisory Committee December 16, 2005

Measuring Housing Demand in Hawaii, 2015-2025files.hawaii.gov/dbedt/economic/reports/2015-05-housing-demand.pdf · Measuring Housing Demand in Hawaii, 2015-2025 ... The goal of this

ALEXANDRIA HOUSING AFFORDABILITY ADVISORY COMMITTEE … · 2015-12-22 · ALEXANDRIA HOUSING AFFORDABILITY ADVISORY COMMITTEE DATE: JANUARY 7, 2016 LOCATION: ROOM 2000 - CITY HALL

Measuring Housing Quality - Urban Institute

Affordable Housing Advisory Committee August 28 th, 2015

HOUSING ADVISORY COMMITTEE - Washington County, · PDF fileFinancial Report to the Housing Advisory Committee August 2010 Cash Flow ... Repair and maintenance 3,254 - (3,254) - (3,254)

Measuring the User Experience - Yoladavidbatten.yolasite.com/resources/Class Presentation Measuring the... · Measuring the User Experience Introduction 3 • Me • ‘Advisory’

Social Housing Renewal Standing Advisory …...Social Housing Renewal Standing Advisory Committee Common Issues | 10 November 2017 people with prams, young children, the elderly and

Virginia Housing Policy Advisory Council September 1, 2015

SHIP Affordable Housing Advisory Committee (AHAC) …Oct 04, 2017 · SHIP Affordable Housing Advisory Committee (AHAC) Meeting (Community Housing Workgroup 2.0) October 4, 2017 -

Measuring Overcrowding in Housing - HUD User · Measuring Overcrowding in Housing ... characteristics, quality, ... “The Impact of Overcrowding on Health and Education:

Local Authority Housing Treasury Advisory Perspective

Measuring the User Experience - Yoladavidmbatten.yolasite.com/resources/Measuring the User Experienc… · Measuring the User Experience Introduction 3 • Me • ‘Advisory’ HF

Affordable Housing Advisory Committee October 9th, 2015

Affordable Housing Advisory Board Meeting Agenda …...2020/06/08 · AFFORDABLE HOUSING PO Box 1110 Tampa, FL 33601-1110 (813) 612-5397 | Fax: (813) 635-8134 AFFORDABLE HOUSING ADVISORY

Launch Housing Applications for Review Advisory Committee

HOUSING ADVISORY COMMISSION - Berkeley, California · Developing A List of Names for Recommendation to Council To Increase Diversity on the Housing Advisory Commission 12. Update

Social Housing Renewal Standing Advisory Committee

Annual Report of Inclusionary Housing Advisory Board Housing... · Report Introduction & Summary Annual Report of Inclusionary Housing Advisory Board 300 St. Paul (The Residences

Energy Efficiency and Housing Advisory Panel

PORTLAND HOUSING ADVISORY COMMISSION

January 20, 2005 Advisory Committee on Seniors’ Housing ‘Opportunities in Older Adults’ Housing’

2015 Affordable Housing Advisory Council Annual Report

Measuring social value - Housing