Download - Housing Need & Gaps: Some of the Data Presentation by AHS 9/30/2014 Using Slides prepared by And from the County’s 9/22/2014 Presentation ARLINGTON AFFORDABLE.

Housing Need & Gaps:Some of the Data

Presentation by AHS 9/30/2014

Using Slides prepared by And from the County’s 9/22/2014 Presentation ARLINGTON AFFORDABLE HOUSING STUDY

What do we need to know about housing needs in Arlington?

How many Arlingtonians struggle to find

affordable housing?

What are Arlington’s

future housing needs?

Which groups of individuals and

families face the greatest needs?

Where are the current affordable

housing gaps?

ARLINGTON AFFORDABLE HOUSING STUDY

Housing costs climbed dramatically between 2000 & 2013

Rent

s

Cond

o

Tow

nhou

se

Sing

le-fa

mily

det

ache

d

+91%

+172%

+163%

+146%

Home Prices

Source: Arlington County Rent and Vacancy Survey, MRISARLINGTON AFFORDABLE HOUSING STUDY

Some common affordable housing terms

• Cost Burdened household: A household that spends 30% or more of its gross income on housing costs

Example: A household with an annual income of $60,000 spending $1500 or more per month on housing

• Severely Cost Burdened household: A household that

spends 50% or more of its gross income on housing costsExample: A household with an annual income of $60,000 spending $2500 or more per month on housing


Some common affordable housing terms

• Area Median Income (AMI): The median household income for a metropolitan area, which varies by household sizeIn FY2012, the AMI for the Washington region was

$107,500 for a family of four$75,300 for a single person

• Who is “low income”?Extremely low income: <30% AMIVery low income: 30-60% AMI (*HUD uses 50% limit*)Low income: 60-80% AMI


Thousands of individuals and families in Arlington face affordability challenges

Spend 30-50% of income on housing

Spend more than 50% of income on housing

Source: 2010-2012 American Community Survey 3-year microdata fileARLINGTON AFFORDABLE HOUSING STUDY

(17,600 households)

(12,500 households)

Some Arlingtonians face bigger housing affordability challenges than others

All

Seni

or (6

5+)

Disa

bled

Afric

an A

mer

...

Hisp

anic

Sing

le-p

aren

t

Low

er in

com

...

0%10%20%30%40%50%60%70%80%90%

100%

41%

65% 69%

48%57%

70%

86%

23% 25%33%

46% 48% 49%

70%

Renters Owners

Household Type

Perc

ent S

pend

ing

30%

or M

ore

on H

ousin

g

Source: 2010-2012 American Community Survey 3-year microdata fileARLINGTON AFFORDABLE HOUSING STUDY

There is a significant shortage of rental homes affordable to low- and moderate-income families…

Less than 30% AMI

Less than 60% AMI

Less than 80% AMI

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

Renting households with 4+ peopleAffordable units with 3+ bedrooms-1,225

-1,997

-1,209

Sources: 2010-2012 ACS; Arlington County Rent and Vacancy Survey; GMU/CHP tabulationsARLINGTON AFFORDABLE HOUSING STUDY

And insufficient rental housing for the lowest income individuals.

Sources: 2010-2012 ACS; Arlington County Rent and Vacancy Survey; GMU/CHP tabulations

Less than 30% AMI

Less than 60% AMI

Less than 80% AMI

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

Renting households with 1 personAffordable units with 0 or 1 bedrooms

-3,400

-4,745


Many current residents think they will have to leave Arlington in the next 5 years

Source: Poll of Arlington residents, April-June 2014

4 out of 10 Arlingtonians think they will have to move out of Arlington because they will not be able to find the kind of housing they want at a price they can afford

6 out of 10 young adults6 out of 10 very low income residents


There is broad public support for housing policies to help ease affordability challenges

Source: : Poll of Arlington residents, April-June 2014

Help seniors age-in-place

Provide affordable housing options to the County's workforce

Provide housing assistance for disabled persons with lower incomes

Help moderate and low-income families with children in Arlington schools remain here

Provide shelter / housing for homeless persons

Have diversity by ethnic & racial background

Have diversity by income & occupation

Provide financial assistance for first-time homebuyers with low/moderate incomes

TOTAL IMPORTANT

92

88

93

90

91

77

80

79


Households at or below 60%

2012 Rental Unit Breakdown

14Source: Housing Interim Data Report, Arlington County, 2013

17,500 – 46%

8,500 – 23%

4,685 – 12%

3,035 – 8%

4,307 – 11%

15,442 – 36%

3,570 – 8%

5,927 – 14%

6,685 – 15%

11,429 – 27%

CAFs

40-60% Marks

60-80% MARKS

Market Rate (>80%)

Market Rate Units: > 80% (48%)

Rental CAFS: (14%)

MARKS up to

60% (12%)

MARKS at 60 – 80%:

(25%)

Rental CAFs, 14%

MARKs to 60%, 12%

MARKs at 60-80%, 25%

Market rate units > 80%, 48%

2012 Rental Unit Breakdown

Rental CAFs

MARKs up to 60%

MARKs at 60-80%

Market rate units > 80%

Source: Housing Interim Data Report, Arlington County, 2013

Progress on ending homelessness

The 100 Homes Campaign is an initiative of Arlington County’s 10 Year Plan to End Homelessness. The goal of the 10 Year Plan is that no individual or family shall lack access to decent, affordable housing.

http://publicassistance.arlingtonva.us/10yp/


Arl Co’s 2014 point-in-time count [sundown Jan 29 to sunup Jan 30] -39% overall reduction in the count

-homeless individuals dropped 34% compared to 2013, from 268 to 178 --Homeless individuals are single adults, without children, who either are living on the streets, in the County’s Emergency Winter Shelter or in the Residential Program Center.

-homeless people in families technically dropped 46%, from 211 to 113. --However, drop is a product of a new counting methodology and does not necessarily represent a decreased number of vulnerable families within the community.

-chronically homeless dropped 52%, from 156 in 2013 to 74 in 2014.


Arl Co’s 2014 point-in-time count [sundown Jan 29 to sunup Jan 30]

39% overall reduction in the count

homeless individuals dropped 34% compared to 2013, from 268 to 178Homeless individuals are single adults, without children, who either are living on the streets, in the County’s Emergency Winter Shelter or in the Residential Program Center.

homeless people in families technically dropped 46%, from 211 to 113.

However, drop is a product of a new counting methodology and does not necessarily represent a decreased number of vulnerable families within the community.

chronically homeless dropped 52%, from 156 in 2013 to 74 in 2014.