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Affordable Housing DevelopmentHousing Rehabilitation
National Rural Housing Conference 2012
Types of Rehabilitation
Owner OccupiedContractorSelf-Help
Acquisition RehabSawyer Street Project
Before Rehab…
After Rehab…
Case Studies
Self-Help Home Improvement Project (SHHIP)
Campesinos Sin Fronteras
Northern Rocky Mountain RC & D
Homes First!
SHHIP
Location- Redding , California
TA Costs - $8,250
Equivalent Unit Calculation
Paid on draw system determined with RD based on progress
TA per unit is averaged over total # of units
Some jobs will be $7,500 jobs and others $40K jobs
Construction Funding – Need based
Leveraging multi-funding sources including Pacific Gas & Electric, Weatherization program, CDBG, RD-HPG 533, Dept of Energy, LIHEAP, RD 504 Loans & Grants
Sweat Equity
65% of the labor done by families
Comparable Cost Savings
Computer software, “National Home Improvement Estimator” uses union carpenter wages to determine comparable contractor costs
Campesinos Sin Fronteras
Location- Somerton, Arizona
TA Costs $6,818.18 per unit
Equivalent Unit Calculation Negotiated price with RD, less than new construction per unit
cost
Construction Funding CDBG, HOME, RD 306c loans and grants (Colonias areas), 504
loans and grants (mostly grants), & RD 533 Housing Preservation Grant (HPG) funds.
Sweat Equity Focused on the COST savings not the labor %
Comparable cost savings Contractor quote or rehab specialist estimate
Compare to contractor’s bids excluding family labor
Campesinos rehab BEFORE
Campesinos rehab AFTER
Northern Rocky Mountain RC&D Location- Bozeman, Montana
TA Costs - $5,246.10 Paid as .10 Loan Application, .30 Home Audit, .10 Loan Closing & .50
Job Completion
Equivalent Unit Calculation Based on other Rehab program model using average costs
Construction Funding RD 533 Housing Preservation Grant, HOME funds, RD 504 Grants
(minimal 504 loans)
Sweat Equity Family contribution & volunteer time calculated at $10 per hour/
Professional fee $50 per hour
Comparable cost savings Actual contractor bids and Rehab specialist estimates
Northern Rocky Mountain RC&D BEFORE
Northern Rocky Mountain RC&DAFTER
BEFORE…
AFTER…
Homes First!
Community Housing Development Organization (CHDO)
26 Structures and 46 Units
Sawyer Street Partnership with Kokua
HUD home
Funding
Pro Forma
Volunteers
Before
After
For more information
Contact:
Billie Heath
Rural Community Assistance Corporation
(360) 493-2260 or (360) 970-4093