THE AFFORDABLE HOUSING BULLETIN



The Affordable Housing Bulletin
November 27, 2006

In Delaware
* DHC Annual Meeting, Thursday, November 30, 2006
* Housing in a Hurry
* Delaware Among Leaders in Tax Credit Use
* Ending Homelessness in Delaware, February 23, 2007

Elsewhere

* Shared Equity Homeownership Report
* Fair Market Rents for Fiscal Year 2007
* Prepaid/Opted-Out HUD Properties Compared to Others
* American Housing Survey 2005 Data Available

DHC Annual Meeting, Thursday, November 30
The annual membership meeting of the Delaware Housing Coalition will take place Thursday, from 10 am to 1 pm in the conference room at NCALL Research in Dover.

The business meeting will include election of board members and officers, the annual report to members, and the release of DHC’s Strategic Planning Report which will guide its activities for the next three years.

Following the business meeting there will be a panel discussion on “The Place of Affordable Housing in a Wise Land Use Policy,” facilitated by Ellen Wasfi, President of the League of Women Voters of Greater Dover. Panelists will be:

  • David Edgell, Office of State Planning Coordination
  • Karen Horton, Senior Planner, Delaware State Housing Authority
  • David Keifer, Sierra Club of Delaware
  • Michael Petit deMange, Kent County Department of Planning

After a question and answer period, lunch will be served. Please RSVP to dhc@housingforall.org or 302/678-2286 x101

Housing in a Hurry
The latest version of Housing in a Hurry: A Guide to Finding Room in Delaware, is now available on our website. Go to: http://www.housingforall.org/index_hiah.htm Printed copies are available by calling us at 302/678-2286 x100.

Delaware Among Leaders in Tax Credit Use
Between 1995 and 2003 the Low Income Housing Tax Credit (LIHTC) program placed 145,000 units of family housing in neighborhoods with poverty rates of less than 10%. This family housing represents 22% of all the LIHTC housing placed in these areas. Based on this finding, the authors of a recent study conclude, in their words, “the program has enormous potential to provide opportunities for low-income families to live in solid, middle-income neighborhoods,” but they also find this potential has been realized unevenly.

The study, prepared by Jill Khadduri, Larry Buron, and Carissa Climaco for the Poverty & Race Research Action Council (PRRAC) and the National Fair Housing Alliance (NFHA), looks at the income, race and ethnicity characteristics of the census tracts in which LIHTC units were placed between 1995 and 2003. The study focuses on units with more than one bedroom as potential “family housing” and the analysis is limited to placements in metro areas with over 250,000 residents as the places where economic and racial separation are predominantly found. In general, the study finds that low poverty neighborhoods with LIHTC family housing are more likely to be in high growth suburbs, with decreasing poverty rates and relatively low minority concentrations.

Among the states, the data show that Utah, New Hampshire, New York, Wisconsin Delaware, Nebraska, and Colorado have placed the largest fraction of their units in Census tracts with poverty rates below 10%. While there was also some variation in terms of the racial composition of the neighborhoods in which units were placed, with Minnesota, Nebraska, Kansas, and Arkansas being the most likely to place units in neighborhoods with low minority concentrations, few states placed more than half their units in census tracts with less than half the rate for the metropolitan area as a whole.

As the study makes clear, since there are no data on the actual tenants and occupancy of the units, these findings only suggest the potential for economic and racial deconcentration not the degree to which it is being achieved. Minority and poor families may not have access or may not choose to live in units placed in neighborhoods with low poverty rates and minority concentrations. Also, there is no evidence if the developments themselves are integrated to any degree.

The study, Are States Using the Low Income Housing Tax Credit to Enable Families with Children to Live in Low Poverty and Racially Integrated Neighborhoods?, can be found at www.prrac.org/pdf/LIHTC_report_2006.pdf .

Ending Homelessness in Delaware, February 23, 2007
Please save the date! Ending Homelessness in Delaware: Learn, Collaborate, Succeed... is a statewide conference being held Friday, February 23, 2007, from 8:30-4:30 pm at Clayton Hall Conference Center, University of Delaware. For more information visit: www.udel.edu/ccrs/homelessnessconference

Shared Equity Homeownership Report
The National Housing Institute has published a new report examining the programs and performance of community land trusts, limited equity cooperatives, and deed-restricted houses and condominiums.  The report is entitled Shared Equity Homeownership: the Changing Landscape of Resale-Restricted, Owner-occupied Housing. Free downloads are available from NHI's website (www.nhi.org) and from the CLT Resource Center at the website of Burlington Associates in Community Development ( www.burlingtonassociates.com ).  [NACLTNetwork]

Fair Market Rents for Fiscal Year 2007
HUD published the Fiscal Year (FY) 2007 Fair Market Rents (FMRs) in the Federal Register on September 27, 2006. They are effective as of October 1, 2006. FY2007 FMR documentation is available at http://www.huduser.org/datasets/fmr.html . [HUD USER News]

Prepaid/Opted-Out HUD Properties Compared to Others
Multifamily Properties: Opting In, Opting Out and Remaining Affordable, comparing HUD properties that have left the assisted stock and those that remain, is free at http://www.huduser.org/publications/affhsg/opting_in.html  or $5.00 from HUD User, 1-800-245-2691. [HAC News: November 1, 2006]

American Housing Survey 2005 Data Available
Visit http://www.census.gov/hhes/www/housing/ahs/ahs.html for access to figures on housing quality and cost, poverty, race/ethnicity, and more for the U.S., metro and nonmetro areas as a whole, multi-state regions, or (from previous years) large metro areas.  A printed book of tables will be available from HUD User, 1-800-245-2691. [HAC News: November 1, 2006]


 

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