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To get the full report, go to:

For more information, or to view the full report, go to http://partnershipaffordablehousing.com/housing-report/. To get the full report, go to:. http://partnershipaffordablehousing.com/housing-report/. Going by the Numbers: What’s Important.

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  1. For more information, or to view the full report, go to http://partnershipaffordablehousing.com/housing-report/.

  2. To get the full report, go to: • http://partnershipaffordablehousing.com/housing-report/

  3. Going by the Numbers: What’s Important • Close communication between the sponsor and the data geeks • Know what’s possible & what’s reliable • Find the appropriate scale for the sponsor’s objectives • Use filters: focus on the big picture & drill down when it adds value • Don’t filter bad news • Know your audience and work on communicating effectively • Tie to policy & program responses

  4. Close communication between the sponsor and the data geeks • The sponsor needs to be engaged in shaping the details of the study…have a small advisory group and a go-to person for getting questions answered • One answer leads to more questions…know when to stop • The data geeks need to know how to frame options and when to go beyond the questions asked

  5. Know what’s possible & reliable • Mine the secondary data • CHAS tabulations • American Housing Survey • Published tables • Microdata • Mine administrative data & other ‘big data’ sources • Collect primary data carefully and selectively • Data is expensive to collect • Target your biggest ‘unknowns’ • Qualitative data can help gain useful insights & build direction

  6. Data Sources • Data from published ACS tables and Public Use Microdata Sample files to provide maximum detail and precision • ACS 5-year, 3-year and 1-year files • 5-year CHAS tabulation for housing supply and gap analysis • Sales data, property tax data, building permits, inspections • Primary data collection • Quantitative: Household & housing surveys • Qualitative: Focus groups, meetings & forums Virginia Center for Housing Research at Virginia Tech

  7. Find the appropriate analytical scale for the sponsor’s objectives • Geographic scale • Region • Counties, cities and towns • Smaller geographies (census tracts, block groups, …) • Policy scale • Development scale • Site • Subdivision

  8. Key Measures • Cost Burden • Households are defined as cost burdened if gross housing cost is 30% or more of total household income • Gross housing cost includes utilities • Cost Burden shown for <30% (not cost burdened), 30-49%, and 50% (severe cost burden) Virginia Center for Housing Research at Virginia Tech

  9. The Affordability Deficit ($Gap) • The amount of additional income needed to eliminate a housing cost burden • Gross housing cost minus 30% of household income • If gross housing cost greater than 30% of household income, deficit (negative value) occurs • Measure is calculated in dollars Virginia Center for Housing Research at Virginia Tech

  10. The region’s annual affordable housing deficit is $862 million (2012$), an average of $6,422 per cost-burdened household. Virginia Center for Housing Research at Virginia Tech

  11. Use filters: focus on the big picture & drill down when it adds value • The big picture emerges from the questions asked and what the data tells you • Meta-narrative Questions • What’s positive/good and what’s negative/bad? • Compared to whom or what (other places or previous times)? • Look at the ‘usual suspects’ as to why we vary • Age, income (HUD AMI Categories), household type/composition • Race, ethnicity • Location • Who is Keyser Söze?

  12. Affordable housing is a problem for nearly 30% of households everywhere About 30% or more of households in every area are cost-burdened and more than 10% have severe cost burdens Virginia Center for Housing Research at Virginia Tech

  13. Number of Cost Burdened Households by Census Tract Data Source: U.S Census 2013 American Community Survey Virginia Center for Housing Research at Virginia Tech

  14. Lack of affordable housing hits all AMI categories, but is most severe for lower income households. Households with low incomes (below 80% of AMI) bear 80% of the region’s affordable housing deficit. Virginia Center for Housing Research at Virginia Tech

  15. Half of cost burdened households are owners Virginia Center for Housing Research at Virginia Tech

  16. Cost burdened households in the region are most likely to be people living alone One-person households are a large segment of cost burdened households Virginia Center for Housing Research at Virginia Tech

  17. Seniors make up a large portion of cost-burdened, single-person households. Virginia Center for Housing Research at Virginia Tech

  18. Housing Demand Projections: Senior housing grows substantially; middle-age market contracts Virginia Center for Housing Research at Virginia Tech

  19. Don’t filter bad news • Break big rocks into smaller ones • How do you solve a multi-million dollar problem?

  20. Know your audience and work HARD on communicating • Measures and indexes • Graphs and maps • Meta narratives

  21. Tie to policy & program responses • Examples of past successes • Examples of what can be done • Identify next steps • Monitor progress

  22. Who do you call? Mel Jones! Virginia Center for Housing Research Phone: (540) 231-3993E-mail:mel.jones@vt.edu

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