A CITY FOR EVERYONE: HCD’S FY19 -24 CAPITAL BUDGET REQUEST
AGENCY OVERVIEW • Established in 1968 to consolidate MISSION: Improve the local community development quality of life for all of efforts with housing and building Baltimore City residents by code enforcement. revitalizing and • $117M total annual budget: redeveloping communities • 5 divisions and ensuring access to – Community Services – Green Healthy & Sustainable Homes adequate and affordable – Land Resources housing opportunities in – Permits & Code Enforcement safe, livable and decent – Research & Compliance neighborhoods 2 2
WHAT’S NEW AT HCD • Baltimore Housing is dissolved • HCD and Housing Authority are 2 separate agencies, no longer operating under a common umbrella with shared services • Expect transition to be complete by end of Fiscal Year 2018 3 3
GOALS 1. Create and Maintain Affordable Housing 2. Eliminate Blight 3. Support Neighborhood-Led Revitalization 4. Carry Out Major Redevelopment 4
FUNDING REQUEST
GOAL 1: CREATE AND MAINTAIN AFFORDABLE HOUSING
HCD AFFORDABLE HOUSING COMPONENTS • Rental (New Construction & Substantial Rehab) • Homeownership (CDBG) • Preservation – Blight Prevention – Aging in Place 7
RENTAL: NEW CONSTRUCTION & SUBSTANTIAL REHAB ACCOMPLISHMENTS WHAT WE DO • Provide financial and technical support • FY13-16 Investment for projects that provide: – $13M HOME Funds invested by the City – 695 affordable rental units produced (0-60% – Significant, community-wide AMI) investment and redevelopment – $162M total value – Support mixed-income housing – Enhance neighborhood retail – Create new open space – Strengthen the tax base. 8 8
METRO HEIGHTS AT MONDAWMIN • 70 Units • Across from Mondawmin Mall • TOD • $19M total investment • $1.25M in HOME Funds • Opening in 2018 9
CRITICAL RENTAL DEVELOPMENT & FINANCING ISSUES • Ongoing reduction of federal funds • Federal Site & Neighborhood Standards – Difficult to develop in areas where investment is most needed • Operating support for nonprofit developers – Based on Project-by-Project • State DHCD Conciliation Agreement – Limits 9% Low Income Housing Tax Credits to “Communities of Opportunity” – Excludes majority of the City – Alternate funding sources create significant funding gaps 10
HOMEOWNERSHIP & PRESERVATION HOMEOWNERSHIP PRESERVATION • Helped 282 low income families become • Keeps low-income homeowners in their homeowners in FY2017 homes through a combination of grants and loans • One of most critical uses of CDBG Funds – Prevents homelessness & tax-sale foreclosure • Income cannot exceed 60% of Area – Increases housing values & equity Median Income • 3 Programs: • $54,650 for a household of four – Energy Conservation – Lead Hazard Reduction – Housing Rehabilitation • 275 homeowners helped in FY17 through Housing Rehabilitation program 11
FY19-24 AFFORDABLE HOUSING REQUEST $62.9M Total Request Program Name FY19 FY20 FY21 FY22 FY23 FY24 TOTAL CDBG Homeownership $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 6,000 Housing Repair Assistance $ 3,250 $ 3,250 $ 3,250 $ 3,250 $ 3,250 $ 3,250 $ 19,500 Affordable Housing Fund $ 3,000 $ 5,000 $ 5,000 $ 3,000 $ 3,000 $ 3,000 $ 22,000 Home - Federal $ 2,600 $ 2,600 $ 2,600 $ 2,600 $ 2,500 $ 2,500 $ 15,400 TOTAL $ 9,850 $ 11,850 $ 11,850 $ 9,850 $ 9,750 $ 9,750 $ 62,900 • $15.4M to finance affordable rental housing • $6M to help low income families become homeowners • $19.5M to preserve existing owner-occupied housing • $22M to support the Affordable Housing Program Bond – $10M in FY20-21 - represents a $4M increase and demonstrates additional commitment by the Mayor 12 12
GOAL 2: ELIMINATE BLIGHT
BLIGHT ELIMINATION: DEFINITION & COMPONENTS Eliminating vacant properties through a combination of measures based on specific neighborhood market conditions to encourage whole-block outcomes. Blight Elimination includes: • Rehab • Acquisition • Tax Sale Foreclosure • Demolition 14 14
CITYWIDE ACQUISITION & DISPOSITION Last 2 fiscal years 15
ACQUISITION, DISPOSITION & REHAB 16
DEMOLITION & REHAB • Emergency, constituent-driven and strategic whole block • Also includes greening and deconstruction • 10 year, $100M commitment – Started in FY2010 – Ends in FY2023 Since 2010 • 2,700 vacant buildings demolished • 4,200 vacant buildings rehabbed 17
VACANT HOUSING DEMO/REHAB LOCATIONS Last 2 Fiscal Years 18
DECONSTRUCTION • Nationally recognized best practice • 32 full time jobs • Over 300 buildings • 1.2M bricks & over 300,000 board feet preserved for re-use 19
PROJECT C.O.R.E . • $75M over 4 years – $7M per year for City demolition – – Approximately 1,162 units demolished • $10-$15M provided through a competitive application directly to nonprofit community development organizations to promote redevelopment 20
FY19-24 BLIGHT ELIMINATION REQUEST $92.59M TOTAL REQUEST Program Name FY19 FY20 FY21 FY22 FY23 FY24 TOTAL Citywide Acquisition/Relocation $ 600 $ 350 $ 900 $ 350 $ 350 $ 350 $ 2,900 Stabilization $ 500 $ 600 $ 900 $ 350 $ 350 $ 350 $ 3,050 CORE - Whole/Half block Demolition $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 18,000 Urban Agriculture $ - $ - $ 80 $ - $ 80 $ - $ 160 Asset Management - security $ 50 $ 50 $ 50 $ 50 $ 50 $ 50 $ 300 Emergency Stabilization $ 750 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 5,750 Planned Demolition $ 2,050 $ 2,050 $ 2,050 $ 2,050 $ 2,050 $ 2,050 $ 12,300 Emergency Demolition $ 1,000 $ 1,000 $ 1,000 $ 1,005 $ 350 $ - $ 4,355 Whole Block Demolition $ 6,380 $ 7,075 $ 8,000 $ 7,000 $ 8,445 $ 8,875 $ 45,775 TOTAL $ 14,330 $ 15,125 $ 16,980 $ 14,805 $ 15,675 $ 15,675 $ 92,590 • $45.77M to support strategic whole block demolition • $18M in State reimbursement for Project C.O.R.E. activities • $12.3M to support constituent-driven demolition 21
GOAL 3: SUPPORT NEIGHBORHOOD-LED REVITALIZATION
NEIGHBORHOOD REVITALIZATION Financial assistance to support neighborhood groups and community associations, build value and reverse decline Neighborhood Revitalization Includes: • Strategic Acquisition • Healthy Neighborhoods • Neighborhood Building & Market Support
STRATEGIC ACQUISITION, CONSOLIDATION, DISPOSITION & ASSET MANAGEMENT • Support neighborhood -based development initiatives • Create regionally competitive housing • Foster business development • Enhance environmental sustainability 24
STATION EAST 25
HEALTHY NEIGHBORHOODS • Improved over 500 homes • Established in 2004 • Rehabbed & sold close to 200 vacant • One of City’s most successful efforts properties to build and retain housing values • Invested close to $1.6M in • Active in 40 neighborhoods across the neighborhood infrastructure City • Provide: – Organizing and marketing assistance – Low interest mortgages – Forgivable matching grants – Capital projects to increase curb appeal 26 26
HEALTHY NEIGHBORHOODS: PROJECT EXAMPLES Block Projects 2300 Block Callow Avenue: Before & After 27
NEIGHBORHOOD BUILDING & MARKET SUPPORT • Grants or loans • Flexible uses: – Residential, commercial, open space – Acquisition, incentives, subsidy, preserve affordability • Competitive Awards • Public announcement & launch 28 28
FY19-24 NEIGHBORHOOD REVITALIZATION REQUEST $46.25M TOTAL REQUEST Program Name FY19 FY20 FY21 FY22 FY23 FY24 TOTAL Healthy Neighborhoods $ 750 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 5,750 Joint Strategic Acquisition Fund $ 125 $ 125 Neighborhood Building & Market Support $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 18,000 Tax Sale Acquisition $ 50 $ 50 $ 50 $ 50 $ 50 $ 50 $ 300 Ground Rent Acquisition $ 50 $ 50 $ 50 $ 50 $ 50 $ 50 $ 300 CHM $ - $ 500 $ 500 Upton Future Assembly $ 420 $ 420 800 Block Edmondson Ave $ 1,000 $ 1,000 $ 2,000 Strategic Acquisition $ 350 $ 750 $ 750 $ 750 $ 750 $ 750 $ 4,100 B-Hip $ 2,500 $ 2,500 $ 2,960 $ 3,000 $ 3,000 $ 3,000 $ 16,960 TOTAL $ 8,245 $ 8,850 $ 7,810 $ 7,850 $ 7,850 $ 7,850 $ 48,455 • $15.8M new Neighborhood Market Building program • $16.96M to support homeownership • $5.75M to strengthen Middle Markets neighborhoods through Healthy Neighborhoods • $4.82M to support citywide strategic development 29 29
GOAL 4: CARRY OUT MAJOR REDEVELOPMENT
MAJOR REDEVELOPMENT Use public funds to leverage private investment to build market, increase the tax base and accomplish transformative initiatives that generate millions of dollars in investment and attract new residents to the City. 31
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