Affordable Housing for Dartmouth Hitchcock Medical Center Employees in the Upper Valley

1. Affordable Housing for Dartmouth Hitchcock Medical Center Employees in the Upper Valley Jessica McDermott and Tyler Work This report was written by undergraduate students at Dartmouth College under the direction of professors in the Rockefeller Center. Policy Research Shop (PRS) students produce non-partisan policy analyses and present their findings in a non-advocacy manner. The PRS is fully endowed by the Dartmouth Class of 1964 through a class gift in celebration of its 50th Anniversary given to the Center. This endowment ensures that the Policy Research Shop will continue to produce high-quality, non-partisan policy research for policymakers in New Hampshire and Vermont.

2. Our Strategy Methodology Case Studies Survey Possible Solutions Best Practices Important Housing Factors Possible solutions

3. Key Takeaways from Case Studies • Timeline • Phases/Internal Deadlines • Key Players • Public-Private Partnerships • Type/Pricing of Housing • Needs Assessment

4. Factors Analyzed in Survey • What are employees’ housing frustrations? • Commute • Current Costs • What are employees’ housing needs? • Type • Amenities • Cost • What scenarios would employees be interested in?

5. California State University Channel Islands Wanted a source of funding for the new campus Marketing factor to attract new faculty and staff Gunnison Valley, CO Needed a single unifying vision for affordable housing approaches Guide the work of the public agency California Polytechnic University San Luis Obispo Lack of affordable housing in the area Marketing factor to attract and maintain faculty and staff • 375 units by 2024 • 10 different sub-projects on public land Bella Montaña • 69 apartment-style units for faculty and staff University Glen • 658 mixed-style units for faculty and staff

6. Categories • Timeline • Key Players • Type of Housing • Pricing

7. Timeline - Phases/Internal Deadlines • Gunnison Valley (375 units): • 2016: Housing Needs Assessment • 2024: Opening • University Glen (658 units): • 1998: Creation of SA • 2002: Opening • Bella Montaña (69 units): • 2005: Opening

8. Key Players - Public-Private Partnerships • Gunnison Valley: • Housing Authority • 4 Jurisdictions • Seeking Private Sector Involvement • University Glen: • Site Authority • Bella Montaña: • Cal Poly Corporation

9. Type of Housing - Needs Assessment • Gunnison Valley: • 420 units not met by market • 375 units across 10 projects • University Glen: • Planned for 900 units, built 658 units • 158 rental units and 500 units for sale • Bella Montaña: • 69 apartment units for sale

10. Pricing - Needs Assessment • Gunnison Valley: • <80% AMI, 80-120% AMI, <200% AMI • University Glen: • CI Faculty Staff 100 Program • Resale Price Restrictions • Bella Montaña: • Resale Price Restrictions

11. Conclusion • Key Takeaways • Timeline • Phasing Construction/Internal Deadlines • Key Players • Public-Private Partnerships • Type/Pricing of Housing • Needs Assessment • Combine strategies from case studies and information from survey