www.b .burlingto urlingtonvt vt.go .gov/ v/ma mayor yor/burl rlingtonho ingtonhousin usings gsumm mmit2 t2019 019
Over the last seven years, the City and partners have tackled the housing crisis with a two-pronged strategy. Ribbon cutting for the Bright Street Housing Cooperative. Laurentide Apartments at Cambrian Rise Images via HP Cummings and Champlain Housing Trust
2015 Housing Action Plan • Expand and municipa icipal resour urce ces s to suppo port rt new low- and moderate ate-inco income me housing sing creatio tion, n, assist sist those se ineligi igible le for subsidy bsidy • Conside ider r land use reforms ms to address ss regulator atory y barriers rs and disin sincent centives ives to housing sing product uction ion • Pursue ue strateg ategies ies for housing sing college ge stude udent nts, , improvi ving ng quality ity of life and housing sing cost st in hist storic oric neighbo ghborho rhoods ods • Identi tify y new approach ches es to homelessne ssness ss in our community unity • Provide ide appropriate riate housing sing options ions for an aging ng populat lation
We are starting to see results.
Vacancy rates in Burlington are going up… .7% 1.5% Average vacancy Average vacancy rate in Burlington, rate in Burlington, 2006-2011 2012-2018 “Apartment Market Vacancy Study for the City of Burlington,” Allen, Brooks & Minor, February 2019
… and data suggest that rent increases are going down. “ Rent inflation typically follows an inverse pattern with the vacancy rate, with the highest rent increases coinciding with periods of low vacancy … Between 2015 and 2017, vacancy rates were persistently higher than the long-term average, which limited landlords’ ability to increase rents … If vacancy remains low for an extended period of time, rent growth will be likely. Conversely, if new development results in an increased level of competition, it is likely that future rent inflation will continue to be minimal. Over the past four years, annual rent inflation has declined from 2.9% to 2.1%, while the annual change in CPI-U has increased from 0.1% to 2.5%. This data suggests that landlords have been unable to ” increase rents in conjunction with rising operating expenses. - “Market Report,” Allen, Brooks & Minor, December 2018, p. 244
We have more to do. Short-term: Complete reforms from the Housing Action Plan. Medium-term: Work with partners and community members to identify slate of additional housing policy reforms. Long-term: Build a new consensus about housing in Burlington.
2019 Housing Summit Reforms • Updat dating ing standards ndards for energy rgy effic icienc ency y in renta tal l hou ousi sing g in orde der r to support ort clim imat ate e goal als, s, prote tect t renters ers from om unreaso asonably ably high gh utili lity ty costs sts • Make e it easie ier to buil ild d Acce cess ssory y Dwell lling ing Unit its, , offering ering flexi xibi bili lity ty for famili ilies es to age in place ce, offset set housin using g costs sts for owners, ers, and creat ate e neigh ghborh orhoo ood-sc scal ale e hou ousi sing g options ions in the city ty • Imple leme ment nt regula ulati tions s for short ort-te term rm renta tals ls to reduc duce e impac acts ts on long-te term m housi sing ng, , whil ile e bala lanci ncing g benef efits ts to hosts osts • Reformi orming g require uireme ments nts for buil ildi ding g new parking ing down wntown town and d alon ong g key trans nspor porta tatio tion n corrid rridors ors to reduc uce e a major jor housi sing ng cost st drive iver, , give ve choi oice ces s abou out t car ownersh ership ip • Restori toring g and d increa reasi sing g the level el of funding for the City’s Housing Trust Fund
Energy Efficiency in Rental Housing Rental Households using Natural Gas Energ rgy y costs ts are e an importa ortant, nt, yet t • 96% over erlo look oked ed part rt of the he over eral all l housing sing affordability fordability equat uatio ion 94% 92% 90% ~60% 0% of Burlingt lington n Ho Househ seholds lds are e • renters nters 88% 86% 84% 60% % of Rente ter-occ ccup upie ied d househ seholds lds • are e cost-burde burdened ed (pay ay more e than an 30% % 82% of income) e) 80% Hot Water Heat % Rental Households
Energy Efficiency in Rental Housing Building lding owner er require quired d to make e • • Split Incentive paradigm affects 85% of investment vestment in effici ficienc ency y measures sures, but rental units tenant pays the utility bill = “split incentive” paradi radigm gm • Low vacancy rate leaves few choices when tenants faced with high energy costs Burlington’s “Time of Sale” Ordinance • enacte cted to addre ress s this is is issue, sue, requir quiring ing • Most effective efficiency upgrades include up to $1,300 00 in weat atheri rizat zation ion weatherization (via air sealing and impr proveme ovements nts when hen unit t sold insulation) and/or upgrading heating appliances
DRAFT Policy Reform Framework Phase ase out Time of Sale le (limi mited ted appl plic icability ability, , enforc orcem ement ent chal allenges lenges) • In Inco corpor rporate ate energ rgy y effici ficiency cy in into existi xisting g mi minimum imum housing sing stand andar ards, ds, • expa pands nds habit itability ability to conside ider r afford fordabilit ability y and heal alth/c th/comfort mfort for r ener ergy gy Set a baseline for energy intensity (BTU’s), and a list of efficiency • impr proveme ovements nts; ; building dings s exce ceedi eding g baseline seline intensity tensity make e improv ovem ements ents on the e list st as part rt of thei eir minimum imum housin using g insp spec ection tion
Accessory Dwelling Units Att ttached ched Deta tached ched In Inte ternal rnal Co Convers version ion http://www.startribune.com/right-to-build-accessory-dwelling-heads-to-minneapolis-council/282303781/
Accessory Dwelling Units Rental al Incom come e and Living ving Space ce Affordable ordable Housin using Agin ing g in Place ce Source: https://hammerandhand.com/
DRAFT Policy Reform Framework Streamline line permittin itting: g: creatin ting g an ADU U not a primar ary reason for a project ect to go to • DRB; ; only if other require iremen ments ts trigg ggere red Remove ADU from “Use T able”, permit accessory to any single -fa family mily (not just RL • & RM zones) No parkin king g space e require ired d for an ADU • ADU U size: : 30% of gross ss area on a lo lot or 800 sq.ft., ., whiche chever er is greate ter • Create te a framework work for stormwa mwate ter r improv oveme ements/fee ts/fees s if ADU U footpr prin int t exceeds eds • lot coverage age
Short Term Rentals Short rt- T erm Renta erm tals s in Burlin ington gton 2019 450 400 350 300 250 200 150 100 50 0 Est. Rentals Permit Status Partial Dwelling Permitted Unpermitted Whole Dwelling
Short Term Rentals
DRAFT Policy Reform Framework Room oms s within hin a dwell llin ing g unit it vs. whole le Othe her r Regu gulator latory Consid sidera ratio tions: ns: unit it rentals als: Wh Whole ole Unit it rental al are non-residential esidential use, , • trigg gger ers s housi using ng replacement acement if converti nverting ng For Rooms oms: : Permitt mitted ed use in most t • an exist sting ing unit it cases, by revising “bed & breakfast” defini initio tion n to recogni ognize ze this is rental al Consider nsider allowin lowing g tenants ants as hosts ts, , with h • type, , and apply plyin ing g B&B B standards dards owner/ r/ass ssociat ociation ion permiss mission ion For Wh Whole ole Units its: : Condition nditional al Use • All units its required uired to regist ister er as a b business siness • (estab tablis lish as a new special cial use type), e), (pay y appli licable cable taxes) s), , and regist ister er as a limit mit number mber in a bldg dg based ed on total al rental al* (apply pply mini nimum mum housin sing g # of units its in bldg dg, , 1 p parki king ng space e per standa ndards rds) ) *in most cases rental al city ty-wi wide de
Minimum Parking Requirements It is expensive nsive to build ild and maintain ain. Park rkin ing g occup cupies ies a lot of land. Many spaces ces are unused sed. Constru struct ction n Cost (per space) Above ve Ground ound Below ow Ground ound Bosto ston $25,000 ,000 $31,000 ,000 Nat. . Ave $24,000 ,000 $34,000 ,000
Requirin ing on on- site parking is a problem because… However, we Ho e ar are no not t al alone in n tackling this is pr problem Minimum Parking Requirements Cities es Eliminat ating ng Parkin king g Minimum ums (City-wi wide de and within in distri tricts) cts) • 39% of BTV workers do not drive to work • ~15% of all households citywide do not have a car: • 2,384 BTV Households • 20%+ of all renters city-wide • 25%+ of all households in 3 Census tracts
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