Presentation Transcript

1. Faculty Housing Rental Program overview (237 units total)
2. Whereas… } Purpose of Housing program } Turnover problem: many staying too long Therefore let it be resolve… } Solution to turnover problem } Evidence for need for more housing?
3. 2005-06 Faculty Senate Resolution: Resolution on Call for New Proposals Regarding Faculty Housing WHEREAS, affordable housing is critical to the recruitment and retention of UHM faculty; and WHEREAS, the University's existing faculty housing developments--Wa'ahila, Kau'iokahaloa Nui, and Kau'iokahaloaIki--have successfully provided transitional housing to faculty members, thereby enhancing recruitment and retention efforts and generally bolstering faculty morale; and WHEREAS, increased hiring of faculty and staff has consequently increased demand for this housing; and WHEREAS, 'Oahu's median home prices and rents continue to soar, while faculty salaries lag compared to peer institutions, making it impossible for many current residents of faculty housing to relocate to long-term housing without leaving the University; and WHEREAS, in recent years UH Mànoa has suspended faculty mortgage assistance programs, without making any alternatives available; and WHEREAS, research universities in similarly high-priced real estate markets have developed a variety of programs to make both transitional and long-term housing available and affordable for faculty members; therefore be it RESOLVED, (1) That the Manoa Faculty Senate calls upon the Chancellor to issue recommendations for new initiatives on faculty housing; and (2) That these recommendations include proposals to increase the overall number of units available for faculty housing; and (3) That these recommendations include proposals for faculty housing that is long-term, not simply transitional in intent; and (4) That there be no management policies enacted to make transitional housing quickly available by relying on evictions of faculty currently living in the Wa'ahila, Kau'iokahaloa Nui, and Kau'iokahaloaIki developments, or rental increases beyond what is necessary to sustain the financial solvency of the units; and (5) That any committees on faculty housing issues chartered by the administration include reasonable formal representation by the Faculty and the Faculty Tenants Housing Association.
4. Honolulu Housing Prices Compared to Salaries House Price Salary
5. Programs at Competing Universities
6. Welcome to the UC Davis West Village A dynamic mixed-use community where students, faculty and staff can live locally and participate fully in the life of the campus UC Davis West Village is a new campus neighborhood located on UC Davis land adjacent to the core campus in Davis, California. It is designed to enable faculty, staff and students to live near campus, take advantage of environmentally friendly transportation options, and participate fully in campus life. Homes for sale to faculty and staff are planned to be priced at below-market values. Student residences will be competitively priced, as compared to other rental options in the City of Davis or on campus, based on location and amenities. Unique Features •UC Davis West Village is the largest planned zero net energy community in the United States. It is on track to demonstrate, for the first time, that zero net energy is practical on a large scale. •The $280 million project is made possible by an innovative public-private partnership; it is supported with nearly $7.5 million in federal and state grants to study zero net energy systems. 2005-06 Faculty Senate Resolution: Resolution on Call for New Proposals Regarding Faculty Housing WHEREAS, affordable housing is critical to the recruitment and retention of UHM faculty; and WHEREAS, the University's existing faculty housing developments--Wa'ahila, Kau'iokahaloa Nui, and Kau'iokahaloaIki--have successfully provided transitional housing to faculty members, thereby enhancing recruitment and retention efforts and generally bolstering faculty morale; and WHEREAS, increased hiring of faculty and staff has consequently increased demand for this housing; and WHEREAS, 'Oahu's median home prices and rents continue to soar, while faculty salaries lag compared to peer institutions, making it impossible for many current residents of faculty housing to relocate to long-term housing without leaving the University; and WHEREAS, in recent years UH Mànoa has suspended faculty mortgage assistance programs, without making any alternatives available; and WHEREAS, research universities in similarly high-priced real estate markets have developed a variety of programs to make both transitional and long-term housing available and affordable for faculty members; therefore be it RESOLVED, (1) That the Manoa Faculty Senate calls upon the Chancellor to issue recommendations for new initiatives on faculty housing; and (2) That these recommendations include proposals to increase the overall number of units available for faculty housing; and (3) That these recommendations include proposals for faculty housing that is long-term, not simply transitional in intent; and (4) That there be no management policies enacted to make transitional housing quickly available by relying on evictions of faculty currently living in the Wa'ahila, Kau'iokahaloa Nui, and Kau'iokahaloaIki developments, or rental increases beyond what is necessary to sustain the financial solvency of the units; and (5) That any committees on faculty housing issues chartered by the administration include reasonable formal representation by the Faculty and the Faculty Tenants Housing Association.
7. 3 Main Points i) Purpose of the program: To bolster UH’s ability to recruit and retain high-quality faculty in the one of the most expensive housing market in the nation. It must address both short term and intermediate-to-long term housing needs. ii) It can and has addressed short & longer term, and need not hinder access by new recruits. A well-designed, updated policy based on almost 2 decades of experience can achieve this. Unbending time limits can and have not. iii) There is lots of evidence that UHM needs more housing
8. Possible Better Strategies for Allowing Access by New Recruits While Not Ignoring Longer-term Housing Needs More transparency on waitlist and ensure its managed correctly Online form for deans/chairs to tell Faculty Housing when to expect new arrivals Set duration of occupancy based on a weighting of time of occupancy and household income. The weighting can be posted online for anyone to compute their score and their likelihood of being renewed or not. Build more housing.
9. Turnover in past 5 years
10. $180K Salary of Lease Holder Current Tenants $80K $40K 2 4 6 8 10 12 14 16 YEARS in Residence
11. Proposed Revised Resolution WHEREAS: The University of Hawai’I in its Executive Policy E5.226 “recognizes that assistance aimed at mitigating housing affordability problems…is essential to enable it to compete in a tightening national and international market for highly qualified teaching, research and service personnel…intended to support the University’s competitive strategy in personnel recruitment and retention.” AND WHEREAS: The May 2011 Executive Policy establishes that “The purpose of the Program is to help selected newly and recently appointed personnel of the University system obtain suitable housing…Suitable housing is housing which is appropriate to family needs, is safe, comfortable, located within a reasonable commuting distance to work....Suitable housing does not mean luxury housing or immediate proximity to the campus…. AND WHEREAS: The intent of Faculty Housing was originally meant to provide transitional housing primarily for newly recruited faculty. This is reflected in the published rental terms of three properties operated by the University of Hawai’i, Wa’ahila Ridge, Kau’iokahaloa Nui and Kau’iokahaloaIki with published rental terms. AND WHEREAS: The policy limiting rental terms at Faculty Housing was suspended in 2004, backed by a UHM senate resolution in 2006, and that this suspension of the policy and lack of turnover has created a significant waitlist, limiting access for newly appointed faculty. THEREFORE BE IT RESOLVED: That the Mānoa Faculty Senate asks the UH Mānoa Administration to revise the policies so that they promote better turnover while addressing longer term housing needs. BE IT FURTHER RESOLVED: That the new policy be drafted by a subcommittee made up of a variety of stake holders such as senators, faculty not living in faculty housing, residents of faculty housing, chairs of departments, and deans.