A Housing Trust Fund for Milwaukee.ppt

1、A Housing Trust Fund for Milwaukee,Homelessness in Milwaukee,Milwaukees Homeless,Over 2,000 persons are homeless in Milwaukee each nightMany are children500-800 are “chronically homeless”Length of stay in shelters has increased dramatically,“Housing First” a Dramatic Shift in Homeless Strategy,Shelt

2、er System shifts to providing Housing as the Top PriorityShift will require 100s of new units of affordable housingNew Policy requires a community commitment to provide additional housing & services,Housing + Services = Success,Many Single Homeless Stayed in SROs Which Have Disappeared,The Towne Hot

3、elDemolished in the 1980s to make room for the Blue Federal Building,Loss of SROs in Milwaukee,The Belmont HotelDemolished in the 1980s,Loss of SROs in Milwaukee,The Randolph HotelThe Antlers HotelThe Plankinton HotelAll were demolished in the Grand Ave. Mall Project,Poverty in Milwaukee Increases,M

4、ilwaukee Poverty is on the Rise,Milw has the 12th Highest Poverty Rate in the US125,000 Milwaukee residents live in poverty,22% Live in Poverty,Results of Rising Poverty,78% Drop in Income Support to Inner City Families 1994-2003,Source: UWM Employment & Training Institute (Slides 4-8),Results of Ri

5、sing Poverty,22,400 left AFDC But only 8,200 Showed Up with Employment,Results of Rising Poverty,22% Decline in Number of Families Receiving Food Stamps,Results of Rising Poverty,31% Increase in Working Single Parents who Remain Below Poverty,Results of Rising Poverty,70,000 Children Lose Income Sup

6、port 1993-2000,Income Needed for Self Sufficiency,A single working parent with two young children living in Milwaukee County would need to earn:$36,852 per Year or$17.72 per hour or235% of Poverty,Source: WI Womens Network Self Sufficiency Standard for Wisconsin,Low Renter Incomes,There are nearly 1

7、79,000 renter households in Milwaukee County39,000 renters have incomes at or below $11,364 (30% MFI)Average renter Income in Milwaukee is $28,864.,Housing Insecurity,35,800 renter households spend MORE THAN 50% of their income on housingThats 20% of all Milw Renter households,1 in 5 Renters Spend H

8、alf of Income on Housing,Rent,All Else,Housing Insecurity,69,800 renter households spend more than 30% of their income on rentThats 39% of all renter households,39% of Renters Spend Too Much for Housing,Housing Insecurity Increases,14,000 Households live in Over Crowded conditionsUp 40% since 1990Up

9、 76% since 1980,Affordable Housing Needs,Documenting Public Support,HUD Identifies Housing Needs,HUD cites the need of 28,000 housing units for Extremely Low Income Milwaukee families(Comprehensive Housing Affordability Survey 2004),Common Council Supports a National Housing Trust Fund,In 2001, the

10、Common Council unanimously supported a National Housing Trust Fund, stating “Expanding the number of unitswould have a positive impact on the affordability of rental housing for low-income renters.”,“The City expresses its support for the establishment of a national trust fund to provide for the dev

11、elopment, rehabilitation and preservation of decent, safe and affordable housing for low-income families”,City Plan Calls for More Affordable Housing,The 2000 Consolidated Plan Submitted to HUD by the City states:“Large numbers of familiescannot afford decent and reasonably priced rental housing”,“R

12、ental housingfor low income families is not readily available”“Structurally sound and up-to-date rental units for low income families are not available in all areas of the City”,Mayor Barrett Predicts More Homelessness,Barrett warns of looming housing crisisBy GEORGIA PABST Posted: Sept. 29, 2004Cut

13、s in federal assistance are creating a looming crisis for low-income housing in Milwaukee, Mayor Tom Barrett and city Housing Authority officials said Wednesday.The cuts in federal housing assistance combined with an increasing poverty rate mean “the federal government is turning its back on low-inc

14、ome people,“ Barrett said.He predicted that will mean more people will double up with other family members, go to shelters or become homeless.,Source: Milwaukee Journal-Sentinel September 29, 2004,Housing Trust Funds in America,Housing Trust Funds in USA,More than 275 Housing Trust Funds in the USEa

15、ch raises between $1 Million to $15 Million each yearMore than $500 Million spent Annually by US Housing Trust Funds,City Housing Trust Funds,Denver, Colorado: Skyline Housing Fund Longmont, Colorado: Affordable Housing Fund Telluride, Colorado: Housing Trust Fund Tallahassee, Florida: Housing Trust

16、 Fund Chicago, Illinois: Low Income Housing Trust Fund Bloomington, Indiana: Housing Trust Fund Fort Wayne, Indiana: Central City Housing Trust Fund Indianapolis, Indiana: Housing Trust Fund Lawrence, Kansas: Housing Trust Fund Boston, Massachusetts: Neighborhood Housing Trust Cambridge, Massachuset

17、ts: Housing Trust Fund Ann Arbor, Michigan: Housing Trust Fund St. Paul, Minnesota: STAR Program St. Louis, Missouri: Housing Trust Fund New Jersey: 142 COAH approved developer fee programs Santa Fe, New Mexico: Community Housing Trust Greensboro, North Carolina: VM Nussbaum HousingPartnership Fund

18、Columbus/Franklin County: Affordable Housing Trust Fund Toledo, Ohio: Housing Fund Portland, Oregon: Housing Investment Fund Charleston, South Carolina: Housing Trust Fund Knoxville, Tennessee: Housing Trust Fund Nashville, Tennessee: Nashville Housing Fund, Inc. Austin, Texas: Housing Trust Fund Sa

19、n Antonio, Texas: Housing Trust Salt Lake City, Utah: Housing Trust Fund Burlington, Vermont: Housing Trust Fund Alexandria, Virginia: Housing Trust Fund Manassas, Virginia: Manassas Housing Trust Fund, Inc. Bainbridge Island, Washington: Housing Trust Fund Seattle, Washington: Housing Assistance Fu

20、nds Washington, D.C.: Housing Production Trust Fund,Berkeley, California: Housing Trust Fund Cupertino, California: Affordable Housing Fund Los Angeles, California: Housing Trust Fund Menlo Park, California: Below Market Rate Housing Reserve Morgan Hill, California: Senior Housing Trust Fund Palo Al

21、to, California: The Housing Reserve Sacramento, California: Housing Trust Fund San Diego, California: Housing Trust Fund San Francisco, California: Office Affordable Housing Production Program; Hotel Tax Fund; and Bond Housing Program Santa Monica, California: Citywide Housing Trust Fund West Hollyw

22、ood, California: Affordable Housing Trust Fund Aspen, Colorado: Housing Day Care Fund Boulder, Colorado: Community Housing Assistance Programand Affordable Housing Fund,Benefits of a Housing Trust Fund,Every 100 Units of New Housing Will Provide Ongoing Benefits including,MORE Jobs Tax Revenues Reve

23、nue to the local economy,(National Association of Home Builders),YEARLY Housing Multiplier Effect,Source: National Association of Home Builders,The Milwaukee Housing Trust Fund,A Proposal,Milwaukees Trust Fund Proposal,Income Eligibility for Renters & Homeowners,HTF Revenue Sources,$1.00 Entertainme

24、nt Event Surcharge$1.00 Real Estate Transfer Fee Increase,Generates Up to $15 Million per year,Where Theres a WillTheres a Way,Other Tax Funded Building Projects,Miller Park,Cost: $400 million. Public financing: $310 millionSource: five-county, one-tenth-of-a-cent sales tax. Private financing: $90 m

25、illion from the Brewers owners,The Bradley Center,Cost: $90 MillionPublic Financing: City Revenue Bonds City General Obligation BondsPrivate Financing : Pettit Family Equity,The Milwaukee Theatre,Cost: $41.9 MillionPublic Financing : $5 million in existing Wisconsin Center District funds (derived fr

26、om the hotel tax & rental car tax) A bond issue, to be repaid with operating revenues,$530 Million in Tax Dollars,Milwaukee raised $530 Million in tax funds forMiller Park The Bradley Center The Milwaukee Theatre,Why cant we raise $15 Million per year to House Milwaukees Homeless & Poor?,We Endorse

27、the Milwaukee HTF,BroomTree Enterprise Catholic Charities Archdiocese of Milw Center for Veterans Issues Community Advocates, Inc Counseling Center of Milwaukee, Inc (The) Daystar, Inc Fairness in Rural Lending Faith United Church of Christ Friedens Community Ministries, Inc Guest House of Milwaukee

28、, Inc The Gathering of Southeast WI, Inc. Harambee Ombudsman Project, Inc Hope House, Inc IndependenceFirst Interfaith Conference of Greater Milwaukee Layton Boulevard West Neighbors Martin Luther King Economic Development Corp. Metropolitan Milwaukee Fair Housing Council Midtown Neighborhood Associ

29、ation Milwaukee Christian Center Milw Women & Poverty Public Education Initiative Milwaukee Womens Center, Inc. My Home Your Home, Inc National Assoc. for Black Veterans Nonprofit Center of Milwaukee Northwest Side CDC,Our Lady of Lourdes Congregation Our Saviors Lutheran Church Peace Action Wiscons

30、in Plymouth Church UCC Returning Into Mainstream Ministries Salvation Army School Sisters of Notre Dame Global Justice & Peace Comm. SDC Family Support Center Sojourner Truth House Select Milwaukee, Inc. St. Benedict the Moor Parish St James Episcopal Church St. Martin de Porres MICAH Core Team The

31、Open Gate Tippecanoe Presbyterian Church Tricorp Housing Urban Economic Development Assoc Walkers Point Youth & Family Center West End Development Corporation Wisconsin Community Service, Inc Wisconsin Partnership for Housing Development Wisconsin Province Society of Jesus (Jesuits) Women and Poverty Public Education Initiative World Community YMCA-CDC,