ARHA PRESENTATION FOR THE PLAN FOR REPLACEMENT UNITS WORK GROUP MEETING FEBRUARY 9, 2016
ANDREW ADKINS INTRODUCTION Andrew Adkins is bounded on the east and west by North Fayette and a private alley running parallel to West Street and north and south by Wythe and Madison Streets. Andrew Adkins is steps from the Braddock Road Metro Station. This presentation covers ARHA’s plan for relocation, demographics of the current households at Andrew Adkins, and bedroom needs of households on the waiting list. The schedule for the redevelopment of Andrew Adkins anticipates a 2018 Tax Credit application. If successful, tenants would move in the Fall of 2018.
ARHA’S PLAN FOR RELOCATION YEAR PLACED ‐ IN ‐ SERVICE (PIS) LIHTC App. Replacement/ Year Project/Property 2017 2018 2019 2020 2021 2022 2023 2024 Demolished Net New Beginning Balance of Restricted Funds NA ARHA Administration Building 0 2017 Ramsey Homes (15) 52 (15) 52 2018 Acquire Replacement Units 15 60 75 2019 Andrew Adkins (90) 60 (90) 60 2020 2021 2022 Net Change in Portfolio 0 (30) 52 60 (105) 187 Total Replacement/New Units per year 52 60 Running Balance of Available Units/Funds 0 (30) 22 82
ARHA’S PLAN FOR RELOCATION Notes A ARHA has begun the process of identifying off ‐ site acquisition opportunities. B Presumes that Andrew Adkins will be demolished all at once. Potentially can be phased with partial demolition. This is yet to be determined. Survey has been completed and the engineering is underway. C The maximum number of families we would have to accommodate is 30 in year 2018 . This does not take into account that some families will take vouchers which would also further reduce the number of temporary units required. It also assumes we can acquire off ‐ site replacement units.
ANDREW ADKINS DEMOGRAPHICS Andrew Adkins: Total Bedrooms = 272 35 32 30 24 25 20 14 15 12 10 8 5 0 1 2 3 4 5 Total Bedroom Count
ANDREW ADKINS DEMOGRAPHICS Andrew Adkins: 90 Units, One Vacancy = 89 Households 25 22 20 16 14 15 12 9 10 7 7 5 1 1 0 1 2 3 4 5 6 7 8 12 Total Household Sizes
ANDREW ADKINS DEMOGRAPHICS Andrew Adkins: Heads of Households 18 Male Head of Household 71 Female Head of Household 0 10 20 30 40 50 60 70 80
ANDREW ADKINS DEMOGRAPHICS Andrew Adkins: Total Children Under 17 = 164 90 82 80 70 60 53 50 38 40 30 20 10 0 0-5 6-10 11-17 Range of Children's Ages
ANDREW ADKINS DEMOGRAPHICS Andrew Adkins: Total Population = 306 90 27% 80 70 60 17% 50 12% 40 10% 10% 8% 30 6% 6% 20 10 2% 1% 0 0-5 6-10 11-17 18-21 22-30 31-40 41-50 51-60 61-70 70 + Age Ranges 38 53 82 19 30 32 25 18 4 5 % 12% 17% 27% 6% 10% 10% 8% 6% 1% 2% Range of Ages
ANDREW ADKINS DEMOGRAPHICS Types of Income include: Earned: Wages, Self-Employed Business Owners (54% of households) Unearned: Social Security, Pension, TANF, Child Support & Gifted Income (44% of households) Andrew Adkins: Types of Income No Income 2 Unearned Income 39 Earned Income 48 0 5 10 15 20 25 30 35 40 45 50
ANDREW ADKINS DEMOGRAPHICS Andrew Atkins: Income Profile Minimum Income = $1,200 Maximum Income = $97,212 40% 35% 35% 30% 30% 25% 20% 14% 15% 8% 10% 7% 5% 3% 1% 1% 1% 0% 0% 0% $1-$10,000 $10,000 - $20,000 - $30,000 - $40,000 - $50,000 - $60,000 - $70,000 - $80,000 - $90,000 - >$100,000 $19,999 $29,999 $39,999 $49,999 $59,999 $69,999 $79,999 $89,999 $99,999 Range of Annual Income
ANDREW ADKINS RENTS • Average Rent For Andrew Adkins = $161 • Annual Rent Roll for Andrew Adkins = $172,155
PUBLIC HOUSING WAITING LIST • Waiting List Bedroom Unit Needs: • One Bedroom – 814 • Two Bedrooms – 888 • Three Bedrooms – 289 • Four Bedrooms – 1 • Five Bedrooms – 0
Recommend
More recommend
