HomeMy WebLinkAbout2015-01-26 CorrespondenceMarian Karr
From: Marian Karr
Sent: Thursday, January 29, 2015 10:29 AM
To: Barbara Beaumont (bgbeaumont@gmail.com)
Subject: PYR
Attachments: 20150129101639901. pdf
Here is the information form the joint meeting on Monday. North Liberty gave a verbal report and stated they will be
sending hard copy. I will send a copy to you when I receive it.
Marian K. Karr, MMC
City Clerk
Affordable Housing in Coralville
Owner Occupied Rehabilitation
f
CORALVILLE
Through successful competitive applications for Community Development Block Grant (CBDG) funds, the City
of Coralville has provided forgivable loans for owner -occupied rehabilitation for single family homes being
used as the principal residence. To date, 26 qualified homeowners have benefitted from up to $24,999 in
repair or rehabilitation work. This work maintains existing affordable housing stock within a targeted area
between 5'^ Street and 8th Street, and between 1't Avenue and 14th Avenue. City of Coralville matching funds
have totaled $82,999.
In the target area, the average assessed value of homes in 2010 was $74,700 and the average year of
construction was 1960.
Habitat for Humanity
Iowa Valley Habitat for Humanity has built 16 homes in Coralville for
families in need of safe, decent, affordable housing. An additional
home in Coralville has been purchased by Habitat for Humanity for
renovation and sale to a qualifying family. Discussions continue for
the sale of a City -owned lot to Habitat for Humanity for construction
of an additional home.
Single Family New Construction
The Single Family New Construction Program, a disaster
recovery program through the Iowa Economic
Development Authority, provided 17 new homes in
Coralville. Homes were built and sold at or below
$180,000 and required applicants to be at or below 80%
of the Johnson County median income. This program
provided 25% down payment assistance through a
forgivable loan on a newly constructed home.
Low Income Housing Tax Credits
Coralville Senior Residences (formerly Coral Village) on 51h Street is
an independent senior living community offering 57 units for
residents who meet federal qualifications including age and income
restrictions. Coralville Senior Residences is supported by Low
Income Housing Tax Credits.
Housing Choice Voucher Program
The Housing Choice Voucher Program is funded by the U.S. Department of Housing and Urban Development
and administered by the Iowa City Housing Authority.
Voucher Utilization in Coralville as of 1/31/2014
Total Population: 18,907 (2010 Census) Percent of Johnson County Incorporated Population: 17.2%
Total Vouchers: 199 Percent of Total Vouchers: 17.0%
Households without Minors: 102 Percent Total Vouchers Households without Minors: 51.3%
Housing Trust Fund of Johnson County
Since 2007, the City of Coralville has provided $120,000 from the general fund to the
Housing Trust Fund of Johnson County. These funds are used to leverage state grants and
to support the Trust Fund's mission of promoting and supporting affordable housing in
Johnson County and the vision of access to safe, decent and affordable housing for all in
Johnson County.
Shelter House Lodge Facility
In 2014, Shelter House acquired and rehabilitated an existing property in Coralville for a group home for
chronically mentally ill persons transitioning to permanent supportive housing.
Western Hills Mobile Home Estates
The City of Coralville accessed Community
Development Block Grant funds of $600,000,
matched by nearly $393,000 in local funds, to
provide municipal wastewater services to
Western Hills Mobile Estates, providing
residents with a reliable, long-term
wastewater treatment solution.
r%.
Senior Living Cooperative
Ewing Land Development is developing a 60 -unit, three story independent senior living facility, Vintage
Cooperative of Coralville, at the northwest corner of Kennedy Parkway and Camp Cardinal Boulevard. The
project's mortgage is insured by the U.S. Department of Housing and Urban Development, which will also
supervise construction. Residents of Coralville who move into this senior housing facility, as well as the Coral
Ridge Senior Apartments, are anticipated to sell their homes within the community, freeing up affordable
housing for other families.
Workforce Housing Tax Credits
The Iowa Legislature created the Workforce Housing Tax Credit program in 2014. Final administrative rules are
being finalized and adopted and the program will be administered by the Iowa Economic Development
Authority. The Workforce Housing Tax Credits will provide up to a 10% tax credit for repair or renovation of
dilapidated housing stock. Eligible housing remains affordable based on the limitation of total project costs of
$200,000 per unit. The program also requires a local match of $1,000 per unit. City staff have identified vacant
and underutilized properties that could benefit from this program.
Down Payment Assistance
The City of Coralville is exploring a down payment assistance program in partnership with local non-profit
housing organizations. With affordable home mortgage rates, home ownership can be as affordable as
apartment rentals; assistance with down payments would remove one of the final barriers to ownership.
Current discussions include a revolving loan fund for down payment assistance funded by the City. The
program may also include any needed renovations of older homes as they become available.
Coral Ridge Senior Apartments
Planning continues for demolition of the former Lantern Park Nursing Home and construction of Coral Ridge
Senior Apartments, a 58 -unit senior living facility, using Housing Tax Credits through the Iowa Finance
Authority. This effort will remove a vacant, blighted building and replace it with senior housing located close
to grocery stores, places of worship, parks, the Coralville Public Library, and more. Construction is expected to
begin in 2016.
Johnson
County
January 22, 2015
BOARD OF SUPERVISORS
Pat Harney, Chairperson Janelle Rettig
Mike Carberry Rod Sullivan
Terrence Neuzil
The Board of Supervisors met with staff and several affordable housing professionals on
January 7th. The meeting included discussion of various housing issues, reviewing current
County support provided to the continuum of housing needs (emergency shelter, transitional
housing, rental and homeownership) and recommendations provided through the MPOJC in the
past.
The Board of Supervisors recognizes the significant need to increase the availability of
affordable housing in Johnson County. In Fiscal Year 2015, the County is providing the
following support to various aspects of the continuum of housing:
Shelter:
/ DVIP: $63,500
/ Shelter House: $55,000
/ Shelter House/Local Homeless Coordinating Board: $16,000 (flex funding)
Rental:
/ General Assistance: $24,700 utilities + $408,000 rent
/ $18,000 rent and emergency services for families involved in child welfare system.
► Veterans Affairs: $68,783 for rental assistance and $4,250 for utility assistance
0 Indirect: salary and benefits for director who assists veterans in accessing housing
programs and other types of assistance. (approximately $64,000)
Home Ownership:
/ $40,000 to HTFJC for repair of mobile homes (FY 13 and 14)
/ HTFJC grant from Federal Home Loan Bank for home repair
/ Rules for clustered sub -division that encourage smaller lots, more green space.
Other:
/ Housing Trust Fund: $24,000
FY 15 total: $682,233 - Direct payments of County general funds
913 SOUTH DUBUQUE STREET ♦ IOWA CITY, IA 52240 ♦ 319.356.6000 PHONE ♦ 319.356.6036 FAX
www.JOHNSON-COUNTY.com ♦ johnsoncountyia.igm2.com
As part of the discussion, the current Board of Supervisors agreed to the following goals in the
area of affordable housing:
Goal #1: The Board hopes to maintain at least current levels of support for housing initiatives
and support. This is consistent with County support for these or similar programs for at least the
past five years. While Johnson County has been able to maintain this funding during the recent
economic downturn, cuts at the State and Federal level may impact our ability to do so in the
future.
Goal #2: The County owns several pieces of property, particularly in the Riverfront Crossings
District in Iowa City. The Board of Supervisors commits to considering creative ways that the
properties can be used to address the need for affordable housing while also meeting the
facilities needs of Johnson County government in a financially responsible manner.
Goal #3: The Board is open to exploring the use of general obligation bonds to offer as loans to
housing entities for the development or maintenance of affordable housing. The County has not
done this in the past but Supervisors look forward to learning about the feasibility of assisting
housing in this way.
Goal #4: The Board of Supervisors will work the County Planning and Zoning Department to
explore ways in which County ordinances may support the development of more affordable
housing.
Goal #5: The Board of Supervisors supports ongoing discussions with area cities and is open to
exploring ways that the County can partner with other entities to help support affordable
housing. The County would consider supporting projects by:
o Entertaining requests for letters of support;
o Technical assistance from County departments;
o Matching funds if requested during the County budgeting process or when "flex
funding grants" are offered during the fiscal year;
o Work with communities to identify alternative sources of revenue and support.
Collaboration, development of revenue sources and other progress on affordable housing
requires ongoing discussion and education. Local governments should develop ways to support
and participate in these discussions.
Goal #6: Because housing should be safe as well as affordable, the Board will renew its efforts
to develop a program to address hazardous mobile homes in the unincorporated Johnson
County.