Responding to the Housing Challenges Posed by the Pandemic - PowerPoint PPT Presentation

Responding to the Housing Challenges Posed by the Pandemic

Presenters Call llie S Selt ltzer, Director of Housing, LISC Lillyan anne A Alexan xander, Senior Program Officer of Housing, LISC Lesl Leslie S Strauss, Senior Policy Analyst, HAC Leilah Powell, Executive Director, San Antonio, LISC Michael Walsh, Deputy Director, Housing Authority County of Riverside

Agenda  Impa pacts o of CO COVID-19 o on Afforda dable H Housing  Developin ing a a Housing S g Strategy gy  COVID H Housin sing R Respo ponse se i in Prac actic ice  Rental A Assist sistance P Programs ams  Foreclosu sure a and Evictio ion P Preventio ion  Im Implementing t the he S Strategy ( (Hearing fr from om t the he F Field)

CV-19 has disproportionate impact on most vulnerable communities • The Federal eviction moratorium from CARES has expired (July 25th) Households lose • income and can’t pay Currently, there are 2 MM+ delinquent mortgages in the US rent or mortgage • Public Integrity Data showing that most evictions are occurring in low-income and minority communities • Housing instability is most acute for renters living in smaller buildings (2-4 unit buildings) Landlords/ owners can’t cover operation costs , pay • FHA has extended through August 31, 2020 the foreclosure and lenders, taxes, services ; eviction moratorium for homeowners for FHA-insured Single Family Mortgages • HUD has extended the moratorium on evictions to all HUD insured and HUD held mortgages under forbearance. Landlords file to evict; Mortgage holders foreclose; • COVID-related losses in income have been remediated by large capital markets tighten, lenders won’t lend scale unemployment benefits which have now ended; unclear if those benefits will be extended by Congress. 4

Housing Stability Risk: How does loss of income affect housing stability? LOW CV-19 HOUSING STABILITY CONCERN HIGH Section 8 Section 8 Section 8 project- Public Housing residents Low Income Housing Tax Credit Homeowners Non-Assisted Renters Renters Tenant-Based Based Voucher Tenants Voucher Holders Holders Live in Project- Rent from Live in multifamily Live in public housing Live in LIHTC or "tax credit" Live everywhere single- Live everywhere, in Based Section 8 private owners, properties properties family and multifamily single-family and properties (not both single- condo owners, pay a multifamily, rent from vouchers) family and monthly mortgage' private owners on the multifamily foreclosure concern private market; major buildings eviction concern

The Housing Strategy Telling the Story to Raise the Money

Why Build a COVID Housing Strategy? > To help focus dollars where the need is greatest. > > To help secure financial support from the private sector. > > To increase support from the community. > > To improve long-term recovery in areas of focus. > > To garner support for permanent housing solutions. > > To add an equity lens to housing work. > 7

Best Practices - developing a COVID Housing Strategy with limited funds Redir irect F Funding Maximize e efforts th that a are no nonm nmonetary > Existing Housing Programs > > Advocacy with court system to halt evictions > and foreclosures, plan, > Leverage funding from other gov't programs > > Collaborate with private sector (community > (i.e. public health, economic development) foundations/chamber of commerce) to Establi lish sh lo local, , re regional, a , and s statewi wide get resources out to the community collab aborat ations ns Incorporate l long-te term g goals > Funding sources may be easier to secure if > > > Equity part of a larger group > Consider the many different types of > Workforce Housing > > collaborations > > Other goals Bui uild up upon e n existing d delivery y sys ystems f for h hous using ng servi vices d s deli livery 8

Phases of the Strategy: Emergency, Preservation, Expansion 3 1 2 Sol olutions t that provide immediate Solutions ons t that suppor ort the Solutions ons t that create new hous using stability for r rent nters, cont ntinued solvency and nd ope peration o of affordable h hous using o oppo pportunities going fo forward rd home omeowners, a and v vulnerable existing af g affordab able h e housing an g and saf afe e po popu pulations ( (1-6 m mont nths) compl pletion o of cons nstruction i in n pr process How? How? How? - Emer mergen gency ren ental al as assistan ance -Additiona onal r rental assi sist stance relief ef -Strategi gic a acqu quisitions o of Exten ended progr grams ms (us using ESG + G + FEMA $ $) Stay-type hote tels to to convert to to -Capit ital t to stabil iliz ize p propertie ies/ rental hous using; -Expanded pr protections to pr prevent create home ome repair p prog ograms - Using CDB CDBG G + HOME dollars to displaceme ment/eviction -Loan m n modifications sup upport o ong ngoing pi pipeline o of -Colla llaborate with L Legal A l Aid s services - Pr Property T Tax ab ax abat atem emen ents/ affordable h hous using and nd g get pr pro bono no legal s sup upport solutions RESP SPONSE SE RECOVERY REGEN ENER ERATE 9

The COVID Housing Strategy: The he P Process Establish a working group Leverage Develop of community Gather data to Develop government equitable and stakeholders survey short- housing and private efficient (consider and long-term priorities based dollars and delivery adding regional needs on the data other resources systems and state-wide including land groups) 10

COVID H D Housing ng Respons nse in in Prac Practic ice

Ulster County, New York Strat ategy gy Fund unding S Sour urces Ulster C Cou ounty R y Recovery Dat ata/Ne a/Need ed Taskforce Rental Assistance: Up to Reallocated $150K A housing study to look at the $3,000 for 3 months of CDBG from home repair Representatives from impacts of COVID-19 on housing rent (average rent for 1 Nonprofits, private sector, and present a clear strategy to bedroom) and government encourage the production of more workforce housing throughout the Propose county-wide land County. It will also provide an banking analysis of the existing rental and Commissioned a housing owner occupied housing units in study to assess impact of the County demographic data on Covid and ways to the jobs and incomes available increase availability of that can support housing costs, workforce housing and interviews with individuals closely associated with housing issues and affordability. 12

The CCRH COVID Relief Fund CCRH is one of the oldest state low-income housing coalitions in the country. Da Data – Informat atio ion G n Gathering ng A Colla laboration of health CCRH distributed funds to 23 signif nificant ant t to success: foundations, banks, donors, and member organizations, 19 own reserves. nonprofits and 3 Tribal Housing CCRH surveyed its members who Entities. Use of funds is flexible identified 16,000 low income Initially seeded by $30,000 from and members designed their own residents at risk in units owned the National Low Income Housing programs/uses, including food and managed. High percentage Coalition, CCRH was able to raise assistance, health care assistance, of residents are Latino and a total of $330,000 from health PPEs, transportation to testing, farmworkers. foundations, banks, a private contract tracing programs, supplies donor and $50,000 of its own for home schooling, including resources. tablets and notebook computers, and internet upgrades for access. 13

Whitefish Housing Authority Emergency Rental Assistance Fund Whitefish, Montana PARTICIPANTS FU FUNDING S SOUR URCES PROGR GRAM DE DESCR CRIPTION All Private Donations $300 per affected worker, cap of 50% Whitefish Housing Authority of monthly rent Chamber of Commerce 460 Individuals assisted Whitefish Community Foundation Checks made payable to landlords 14

Rent Assistance, Eviction Prevention, and Foreclosure Prevention Programs

Rent Assistance, Eviction Prevention, and Foreclosure Prevention Programs Fund unding S Sour urces Examp mples es Pos ossible K Key y Eleme ments Coronavirus Relief Fund (CARES Act) NH and OR deliver through CAP Eviction moratorium CDBG agencies $$ to tenants HOME CO assists property owners $$ to property owners ESG Lift to Rise (nonprofit in CA) gave Utility payments State funds emergency cash with few Repurpose existing housing funds requirements Foundations Public donations 16