250 likes | 259 Views
Learn how Virginia Beach is addressing housing gaps, challenges, and solutions to provide affordable housing for its residents. Discover innovative partnerships, funding strategies, and successful development projects.
E N D
Making Affordable Housing Happen in Virginia Beach Housing Credit Conference – Sept. 24, 2019 Presented by Andrew Friedman, Director
Outline About Virginia Beach Our Housing Gap and Challenges Closing the Gap Conclusions
Virginia Beach Largest city in the Commonwealth -- about 460,000 people and 175,000 housing units Largest employers: Military, schools, city, resort businesses Formerly the fastest growing city in the U.S. -- now growing about 7/10ths of 1%/year Rural areas and Oceana Naval Air Station Created Strategic Growth Areas (SGAs), including the Oceanfront Resort District (pictured: Comprehensive Plan Map)
Gap/need for 21,000 units of affordable rental housing for households whose incomes are at or below 80% AMFI • Housing should be income targeted to avoid “crowding out” of low-income households by higher income households What’s Our main Gap? -- Virginia Center for Housing Research at Virginia Tech 2017 Report: Virginia Beach Housing Needs and Market Analysis Reinvestment Strategy
Development • Rising Land Costs - due to Limited available developable land • Rising Construction Costs - both labor & materials • Re-zoning process takes time and increases cost Projects • Political/public support of location • Fear of NIMBY by developers Generally • Need to think differently about affordable housing What are the Challenges?
We’ve used almost every tool there is to help make affordable housing projects happen: • Financing tools and providing vouchers • Infrastructure and land ownership tools • Support of proposals to funders/financers; and designation of revitalization areas • Innovative partnerships • Building it ourselves! Project-by-Project Support for Affordable Housing Development
31 Developments 3,959 Total Units – including 2,082 new construction 3,678 Affordable Units Elderly, Disabled, Homeless, Veterans $172M of Private Equity LIHTC Funded Projects in Virginia Beach since 1995**INFO FROM vhda- Thank you!
City funds HOME and/or CDBG funding Project-based voucher commitments Targeting for people with disabilities FinancingandVouchers
Building significant infrastructure Cost sharing on infrastructure Reducing parking requirements Selling public land Identifying land/connecting sellers to developers Infrastructure and Land Ownership
Council Resolutions City Manager Letters Zoning Letters Designation of Revitalization Zones Support to Funders and Area/Site Designations
Regional partnerships with local governments and housing authorities Connecting people with passion to skilled developers InnovativePartnerships
We used multiple tools on most projects, as appropriate to the need and circumstances All of the following examples were built in VB in the last 12 years Development Examples
Title: Cloverleaf Apartments Virginia Supportive Housing 60 units Before
Title: Cedar Grove Apartments Virginia Beach Community Development Corporation 32 units
Title: Crescent Square Apartments Virginia Supportive Housing 80 units Add a Footer
BAKER WOODS Apartments – by The Lawson Companies – 96 units • The Lawson Companies
Title: 200 West Apartments Franklin-Johnston Group 264 units Add a Footer
Title: Housing Resource Center City of Virginia Beach 30 units Add a Footer
Title: Renaissance Apartments Franklin-Johnston Group 240 units
Title SYSTEMIC APPROACHES Workforce Housing program Form-Based Zoning Add more allowable housing uses “by right” and/or expand allowable uses in appropriate areas.
Title Virginia Beach Actions: • 1994: Housing for Seniors and Disabled Persons per CUP/Reduced pkg. • 1997: “In-Law suites” (Accessory Dwelling Units) allowed in limited zoning areas • 2003: Strategic Growth Areas allow increased density/urban form • 2007: Single Room Occupancy Facility per CUP/Reduced parking • 2007: Voluntary Workforce Housing Program-density bonuses • 2012: Form-based Code adopted in Resort area, reducing need for re-zonings/CUPs
Title: The Lawson Companies 76 Units
Expand areas for Accessory Dwelling Units/”In-law Suites”? • Allow increased density by right in transition areas and along major roads/thoroughfares? • Affordable housing as a key factor in making places where people want to live? • Mandatory Inclusionary zoning? Systemic Approaches: Next Steps
Title THINKING DIFFERENTLY Affordable housing is many different things: • Fully affordable apartment communities • Affordable housing in mixed-income developments • Scattered site housing • Affordable senior housing • Housing for people with special needs People are not defined by their current income Affordable housing should improve and contribute to community Affordable housing is not for “other” people No one notices if affordable housing is there first
THANK YOU! Questions & Comments Andrew M. Friedman, Director Virginia Beach Housing & Neighborhood Preservation afriedma@vbgov.com or (757) 385-5752