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3/3/03 - Neighborhood Tranformation News
FLORIDA COALITION FOR THE HOMELESS ADVOCATES FOR 30/30 VISION
What is "30/30 VISION"?
The Florida Coalition for the Homeless is leading a statewide effort to advocate for 30% of all housing funds to be targeted for very low income persons who or at or below 30% of the area's median income.
Why do we need 30/30 Vision?
Many tax supported housing development funds such as HOME, CDBG, SHIP, Tax Credits and Surtax do not require developers to serve persons at or below 30% of median income. A majority of tax-supported housing development targets persons at 50-80% of median income, even though statewide, persons at or below 30%, have the highest housing needs. As a result, housing projects that used to be utilized by very low income persons are often renovated with tax dollars and then no longer affordable to very low income persons.
What are ways for programs to implement 30/30 Vision?
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Require that 30% of the total units that are developed to be set-aside for 30% of
median
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Provide additional points in competition for projects that target persons at 30%.
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Encourage use of rent subsidies to ensure long term accessibility for persons at
or below 30%.
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Ensure Request for Proposal Announcements are marketed toward groups that develop
housing for very low income and special needs populations.
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Municipalities to utilize an inclusionary zoning policy that requires all housing
developers to set aside at least 30% of units for persons under 30% of median income.
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Pass legislation and/or ordinances that require for 30/30 Vision regulations for
all housing funds under their authority.
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Set up meetings with all HUD entitlement agencies/munipalities in your community
and advocate for the adoption of the 30/30 Vision for their HUD funds.
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Write to your local and State legislators to ask them to pass legislation or require
regulations for 30/30 Vision of housing funds under their authority.
Other Frequently Asked Questions:
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How can developers meet their financial needs and still target very low income persons?
- Only 30% of the units have to target this population, so the income generated from the other higher income renters can help to subsidize the cost (in addition to the public financing). Additional public rental subsidies (Sect 8, SPC, SHP) can also be obtained to allow the operator to obtain market rate rents while still proving housing to very low income persons.
- Only 30% of the units have to target this population, so the income generated from the other higher income renters can help to subsidize the cost (in addition to the public financing). Additional public rental subsidies (Sect 8, SPC, SHP) can also be obtained to allow the operator to obtain market rate rents while still proving housing to very low income persons.
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Will this cause a concentration of low income persons?
- On the contrary, ensuring that the housing needs of very low income persons are addressed in all private housing developments that receive public financing will encourage a much more even distribution within a community and within a project. Only 30% of the units of any given project have to target this income group.
- On the contrary, ensuring that the housing needs of very low income persons are addressed in all private housing developments that receive public financing will encourage a much more even distribution within a community and within a project. Only 30% of the units of any given project have to target this income group.
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If developers are asked to target those at 30%, won't the increase in subsidy
needed reduce the number of total housing units produced?
- Most public funded housing programs are very competitive and sought after. Requiring higher goals should not reduce the number of applicants or units proposed. In fact, if persons at 30% are not targeted, the housing program may be causing a reserve affect of funding the purchase and renovation of housing that was previously affordable to persons at 30%, and creating a building that is not longer affordable to this group. If the number of units are reduced, but they are better targeted, than the goal of providing housing to the most needy is better met.
- Most public funded housing programs are very competitive and sought after. Requiring higher goals should not reduce the number of applicants or units proposed. In fact, if persons at 30% are not targeted, the housing program may be causing a reserve affect of funding the purchase and renovation of housing that was previously affordable to persons at 30%, and creating a building that is not longer affordable to this group. If the number of units are reduced, but they are better targeted, than the goal of providing housing to the most needy is better met.
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Should communities target more than 30% of their housing for persons at or below
30% of median income?
- That depends on each communities need. If there is a need, a greater percentage should be advocated and supplemented with additional rental subsidies to make the projects economically sustainable.
- That depends on each communities need. If there is a need, a greater percentage should be advocated and supplemented with additional rental subsidies to make the projects economically sustainable.
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Complete fact sheet document
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Complete table of targeted funds
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Develop Advocacy/Marketing Plan AND press Kits
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Do presentation to other coalitions, groups (ie. FL Supported Housing Coalition,
Florida Housing Coalition)
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Meet with for-profit developers.
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Do presentation at FL Homeless Coalition Conference
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Develop legislative plan.
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Present HOME rental assistance program to Governor's Council and legislature.